The Business Times, 6 May 1994

Microfilm: NL19380
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times II K\()\v ASIA M ITA(P) 010/12/93 Friday May 6 1994 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon Dow up 8.93 points
      51 1 Reuter NEW YORK Blue-chip stocks were slightly higher at midsession yesterday. At Ipm EDT, advancing issues led declines on volume of more than 155 million shares on the New York Stock Exchange. At 2pm EDT, the Dow Jones industrial average had risen 8.93 points to 3,706.68.
      Reuter  -  51 words
    • Article
      Lock icon Support for Clinton's health proposal
      33 1 Bloomberg Business News WASHINGTON A House panel yesterday became the second congressional subcommittee to support President Bill Clinton's proposal that employers pay for 80% of worker health coverage.
      Bloomberg Business News  -  33 words
  • Article
    MARKET SUMMARY
    164 1 Stock market indices Thursday Change STII 2,277.74 -23.34 KLSE Comp 1.007.01 -21.24 Nikkei closed Hang Seng 8,412.88 +43.44 SET Index closed Jakarta Comp 462.55 -0.09 CLSA China B 985.06 +1 84 Aust All Ord 1,988.1 -30.3 FTSE 100 3,106.0 +35.5 Thursday Previous 2pm close Dow Jones 3,706.68 3,697.75
    164 words
  • Article
    Regional bourses sag on rate fears
    168 1 SINGAPORE Worries about inflation and interest rates yesterday continued to afflict regional stock markets, though Hongkong managed a modest rebound after Wednesday's 3.6 per cent plunge. In Singapore, prices drifted lower for most of the day. with the Straits Times Industrials Index ending 23.34
    168 words
  • Article, Illustration
    Higher booking, forfeiture fees for new private property
    601 1  -  By Lilian Ang SINCiAFORE In a surprise move yesterday, the government cracked down on property speculators by stipulating higher booking and forfeiture fees for the purchase of new private residential properties. From Aug 1. potential buyers of new properties will have to
    601 words
  • Article
    Western broadcasters may shift base from HK to S'pore
    525 1  -  From Catherine Ong in HONGKONG WESTERN broadcasting companies. facing delays in the award of new satellite uplink licences in Hongkong, are eyeing Singapore as a serious alternative for their regional operations. Industr> sources say several broadcasters, including American sports network ESPN.
    525 words
  • Article
    Singapore's IPC takes 50.4pc stake in China electronics group
    472 1  -  From Schutz Lee in Zhuhai. Guangdong LISTED computer maker IPC" C orporation yesterday took the first step in its hid to become a Singaporean conglomerate by taking a 50.42 per cent stake in a consumer electronics group called Torita Group Companies
    472 words
  • Article, Illustration
    Alan Yeo: I'll dissolve holding company rather than sell out
    555 1  -  By Lee Han Shih SINGAPORE A beleaguered Alan Yeo said yesterday thai he would dissolve the family holding company rather than sell out to his rival relatives. Mr Yeo. chairman of listed Yeo Hiap Seng Ltd (YHS). declared his position
    555 words
  • Article
    Lock icon US$ stabilises in an uneasy truce
    316 1 Reuter LONDON Central banks and nervous currency markets yesterday called an uneasy truce as the dollar stabilised. But further intervention to fortify the US currency was still considered likely. After Wednesday's heavy dollar buving. led by the Federal Reserve and 16 other major central
    Reuter  -  316 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Classified job ads up 24pc
        336 2  -  By Ven Sreenivasan THL blue collar and middle/lower level job market continues to tighten, going by the increase in the number of vacancies advertised in the Classified section of Ihe Straits limes last month. The total number of Classified job ads in April rose by
        Source: ST Classified Ads  -  336 words
    • Article, Illustration
      Cycle & Carriage's $19.5m Eunos centre to be ready in Jan
      163 2 Cycle Carriage's $19.5m Eunos centre to be ready in Jan SINGAPORE Cycle Carriage's 5i9.5 million showroom and service centre at Eunos Link will he ready for operation in January next year. The listed car distributor yesterday held a topping-out ceremony at the building site to mark the completion of the
      163 words
    • Article
      Nearly 90pc of The Bayshore condo project snapped up
      359 2  -  By Abdul Hadhi ALMOST 90 per cent of the units in phases one and two of the Far Last Organisation's Bayshore condominium development have been snapped up. A Lar Last spokesman said yesterday that 758 of the 818 units available in
      359 words
    • Article
      Postal automated machines launched today
      147 2 SELF-SERVICE 24-hour kiosks dispensing stamps and other postal items at the toueh of a button? Sounds like a good alternative to arriving at the post office after elosing time. Which is why Singapore Post is launehing the idea today at Ngee Ann City and Raffles
      147 words
    • Article, Illustration
      Asian states urged to be self-critical of region's problems
      294 2 Inter-Pacific Bar Association conference A MORI: independent and assertive Asian voice is long overdue hut if it does not also build a self-critical view of the region's problems, it w ill be little more than a voice of smugness. businessman Ho
      294 words
    • Article
      S'pore, Taiwan have not helped US over Japan: US lawyer
      215 2 WHY haven't Asian economies like Singapore and Taiwan. which owe their prosperity to the United States' liberal trade policy, helped the US prise open the Japanese market. an American lawyer demanded at a forum yesterday. Da\is Robinson fielded the question
      215 words
    • Article
      Michael Fay caned, Clinton weighing response
      247 2 AMERICAN Michael Fay was caned yesterday at the Queenstown Remand Prison, the Prisons Department said in a statement yesterday evening. Asked to comment shortly afterwards. US President Bill Clinton said he was weighing a response. "I think it was a mistake... not only because
      247 words
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      Page 2 Advertisements Column 1
      403 2 The Straits Times Classified Where I (jibe dad a< g&6 gtoui ok, fotu l i l l i i I N* >» I j E- (ww omop mm I- f ii3fe r f ONTOP OMTDP ONTOP mti i. fe Qo* |»ov*»ei® *ova■ cc• -a- ONTOP THERAPY ruca .Qy «SS525S2fc «BBj»W
      403 words
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      95 2 Paintings on Landscape !«*s*? I m■% T> > Jtf v T stfC* W Zhu Qixhan Seascape 7 May 94 -10 May 94 11 7pm Orchard Point Exhibition Hall (Level 4) List of Artists Fu Baoshi Huang Binhong Qi Baishi Zhang Daqtan Pu Ru Wu Changshuo Li Reran Lu Yanshao Lin
      95 words
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  • SOUTH-EAST ASIA
    • Article
      M'sian and foreign firms team up to bid for M$8b airport job
      732 3  -  From Ho Kay Tat in KUALA LUMPUR SOME of Malaysia's biggest construction firms have teamed up with leading Japanese and South Korean companies to bid for the first tender package of the MSB billion (554.5 billion) Kuala L'umpur
      732 words
    • Article
      Djajanti unit under probe, approval for listing not granted
      308 3  -  Reports by Maggie Ford in JAKARTA THE Indonesian Forestry Ministry said yesterday that a timber subsidiary of the Djajanti group which had planned to list its shares on the Jakarta Stock Exchange is under investigation for illegal practices and has not
      308 words
    • Article
      Seagate opens third plant in Penang, may consolidate Singapore operations
      15 3  -  From Claire Leow in PENANG
      15 words
    • Article
      Jakarta widens crackdown on illegal logging by forest concession holders
      322 3 JAKARTA The Indonesian Forestry Ministry has widened its crackdown on illegal logging by forest concessionaires, following the ban placed on the issue of shares by a subsidiary of the Djajanti timber group last week. In a statement, the ministry said
      322 words
    • ASIA NOTES
      • Article
        Lock icon Ramos signs crucial reforms into law
        71 3 AFP MANILA President Fidel Ramos yesterday signed into law several key economic reforms, including tax reforms and a Bill allowing foreign firms to take part in local infrastructure projects. Chief among the legislation passed is the expansion of the val-ue-added tax system, which Mr
        AFP  -  71 words
      • Article, Illustration
        Lock icon Daimler-Benz eyes Viet market
        45 3 Reuter HANOI Vietnamese polieemen looking at a model of a Mercedes-Benz car on display at Hanoi's Vietnam-Soviet Friendship Palace yesterday. Germany's Daimler-Benz group made a major pitch for the Vietnamese market yesterday, showing its cars, trucks, trains and other products. Reuter
        Reuter  -  45 words
      • Article
        Lock icon M'sian govt to curb powers of king
        85 3 AP KUALA LUMPUR The government plans to take away the king's power to veto some legislation. Law Minister Syed Hamid Albar said yesterday. He told reporters that a constitutional amendment, to be presented to parliament on Monday, would require the king to accept
        AP  -  85 words
      • Article
        Lock icon KL launching telecom masterplan
        50 3 Bernama KUALA LUMPUR A National Telecommunications Policy, which will guide Malaysia's telecommunications infrastructure development, will be launched on May 17, Energy. Telecommunications and Post Minister SSamy Vellu said yesterday. Prime Minister Mahathir Mohamad will launch the policy in conjunction with World Telecommunications Day. he said. Bernama
        Bernama  -  50 words
      • Article
        Lock icon Razaleigh to be quizzed in High Court
        74 3 AFP KUALA LUMPUR Former Malaysian Finance Minister Razaleigh Hamzah. who has denied links with Hongkong's Carrian Group, the collapse of which sparked Malaysia's biggest banking scandal, is to be cross-examined in the High Court on Monday, officials said here yesterday. Mr Razaleigh will
        AFP  -  74 words
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      Page 3 Advertisements Column 1
      177 3 BWffiffWMMß fT^VVx On our First and Business Classes, entertainment on as many as 11 inflight name it. All regularly updated. All After all, we did recently win the we cant promise that you ll always be channels. In addition, Qantas First uncensored. And all to be viewed at Avion Gold
      177 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China unlikely to carry out 'H' share listings as planned
      479 4 Reuter HONGKONG Concerns over China's inflaiion. rising unemployment and paramount leader Deng Xiaoping's health mean China's target of" listing 22 state-owned enterprises in Hongkong this year is unlikely to be met, brokers say. "It took the first bateh of nine
      Reuter  -  479 words
    • Article
      Lock icon US business steps up pressure for China trade
      264 4 Reuter Bloomberg Business News WASHINGTON Big business stepped up the pressure for continued economic ties with China on Wednesday, one month before President Bill Clinton issues a crucial ruling on Beijing's Most Favoured Nation trading status. "It is imperative that China and
      Reuter; Bloomberg Business News  -  264 words
    • Article
      Beijing guarantees no more than 15pc return for power projects
      368 4  -  From Lim Soon Neo in HONGKONG CHINA cannot guarantee a rate of return higher than 15 per cent for power projects, a Chinese official says. Asked about Beijing's cap on returns for foreign investments in power projects. Van Qin. director
      368 words
    • Article
      Lock icon China fears slower growth may spark social unrest
      243 4 Bloomberg Business News BEIJING The Chinese government has warned that a slowdown in the country's industrial economy could lead to social unrest. The official China Business limes yesterday quoted the State Information Centre as saying industrial output would grow 16 per cent
      Bloomberg Business News  -  243 words
    • Article, Illustration
      Lock icon Bird man of Beijing
      44 4 AFP BEIJING A hawker taking his chickens to market yesterday where they will be killed and dressed in front of the customer. Although the birds are guaranteed fresh, there is no sanitary control for produce sold by private vendors. AFP
      AFP  -  44 words
    • CHINA WATCH
      • Article
        Lock icon UK proposes date for HK airport talks
        81 4 Reuter HONGKONG Britain has proposed a meeting of the SinoBritish Airport Committee discussing Hongkong's new airport for May 17. a source close to the talks said. The Chinese side has not responded to the proposal, the source said. London and Beijing have long
        Reuter  -  81 words
      • Article
        Lock icon China considers tax rebates
        78 4 Knight-Ridder NEW YORK. China is considering granting a tax rebate to foreign firms adversely affected by a new tax structure implemented on Jan I. Speaking at a seminar here sponsored by knight-Ridder Financial and the China Daily newspaper. Tong Zhiguang. chairman of the National Import and
        Knight-Ridder  -  78 words
      • Article
        Lock icon Chinese shoppers fight back
        49 4 UPI BEIJING Chinese shoppers, armed with a new law. are fighting back against overcharging, inferior quality and substandard service, the China Daily said yesterday. There were 73.570 complaints from shoppers in 28 provinces to consumer groups during the first three months of this year. UPI
        UPI  -  49 words
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      Page 4 Advertisements Column 1
      624 4 Johnnie Winning Sensation Play best of 12 to score a win! With every bottle of 75cl Johnnie Walker Black Label, you could be in the running for these sensational prizes. How to Qualify Three Monthly Draws Now with every 75cl bottle you --a Thtre is 1 to,al of 3 monthly
      624 words
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  • REST OF ASIA
    • Article
      Lock icon Asean agrees to further talks with Australia on new free trade area
      404 5 AFP CANBERRA Australia won approval from Asean yesterday for further consideration of its plan for a free trade area covering South-east Asia, Australia and New Zealand. Senior officials from the six Asean countries agreed the plan "merited further
      AFP  -  404 words
    • Article, Illustration
      Lock icon Tokyo's trade surplus not healthy, says Hata
      434 5 Reuter PARIS Japanese Prime Minister Tsutomu Hata has said it is not healthy for Tokyo to have a trade surplus with the rest of the world and vowed to continue a drive to stimulate Japanese purchases of foreign goods. On a one-day official
      Reuter  -  434 words
    • Article
      Lock icon India sells state-owned firms'1 shares
      152 5 India sells state-owned firms' 1 shares Bloomberg Business News NEW DELHI The Indian government said it sold shares worth a total of 22.91 billion rupees (SS9BS million) in seven state-owned companies. The companies were National Aluminum Co, Bharat Electronics Ltd, earth moving equipment maker Bharat Heavy Movers Ltd, Bharat Heavy
      Bloomberg Business News  -  152 words
    • Article
      Lock icon Asian and Aussie exports may be hit by Nafta: report
      315 5 AFP SYDNEY Exports from Australia and Asia could be hit by a partial shift of production to Mexico in the wake of the recently signed North American Free Trade Agreement (Nafta). A government report yesterday warned that Nafta could encourage
      AFP  -  315 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      162 5 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN BAHAMAS JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA DELAWARE Q MAURITIUS GIBRALTAR PANAMA HONG KONG U.K.
      162 words
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      Page 5 Advertisements Column 2
      111 5 l'^'"/*£?,"J.*">■ —-"■>■» —»r 1«i Tifi r I itff M -~ii rt rii f —.^rifch^B No ONE CONNECTS EUROPE LIKE AIR FRANCE. 111 1 I y- 4 _-4t^ ~^c~-s THE BETTER WAY TO EXPERIENCE EUROPE. No other airline can take you to more European destinations from Paris than Air France. Five
      111 words
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  • THE WORLD
    • Article
      Lock icon Fed says US economy showing signs of solid growth
      427 6 Bloomberg Business News WASHINGTON Robust factory production, home building, and retail sales are driving a wave of economic growth that is taking hold even in some of the hardest pressed parts of the US. Solid economic growth is showing up in
      Bloomberg Business News  -  427 words
    • Article, Illustration
      Lock icon Political nerves unsettle S African markets
      310 6 Reuter JOHANNESBURG All South Africa's financial markets came under renewed pressure in subdued early trade yesterday as unsettled investors awaited a long-delayed final election result. "The possibility of the African National Congress getting a two-thirds majority has put a big damper on things." said
      Reuter  -  310 words
    • Article
      SM Lee arrives in Bonn for private visit
      241 6  -  From Agnes Chen in BONN SFNIOR Minister Fee Kuan Yew arrived here last night for a private visit, the second leg of a 16-day visit to France. Germany. Israel and Jordan. While in Bonn, he will meet German Chancellor Helmut Kohl and
      241 words
    • Article
      Bank gets mandate to double capital injection
      492 6  -  ADB annual general meeting From Anthony Rowley in NICE THE Asian Development Bank has garnered enough votes from its 53 member countries to approve a major capital increase. despite the threat that China and India would abstain in protest at the linking of
      492 words
    • Article
      Asian funds urged to tap billions for projects
      305 6  -  From S N Vasuki in NICE ASIAN infrastructure funds could easily attract USSS billion (557.7 billion) a year from portfolio investors by 2(K)0. helping countries in the region to plug a resource gap. especially in the power sector, a senior Baring Securities
      305 words
    • Article
      Lock icon US report may call for SEC to regulate derivatives market
      508 8 NYT NEW YORK A longawaited US Congressional study of derivatives will recommend that the Securities and Exchange* Commission he given broad new powers to regulate dealers and corporate users of derivatives in the United States. This was according to various
      NYT  -  508 words
    • Article
      Call to abandon floating rate system
      134 8 WASHINGTON Economists are suggesting that the World Bank and the International Monetary Fund (IMF) revise their traditional policies to suit a changing world where private capital flows far outweigh official development aid. aceording to the US Information Agency. John Williamson, a senior fellow at
      134 words
    • Article, Illustration
      Lock icon Delays mar the start of Palestinian self-rule
      467 8 Reuter GAZA Palestinian self-rule in Gaza and Jericho is beginning hesitantly, with Israel so far freeing fewer Palestinian prisoners than expected and the PLO asking Israel to delay its pullout. Arabs and Jews, wearied by protracted peace moves, were muted or even hostile
      Reuter  -  467 words
    • Article
      Lock icon Four new members get nod to join EU despite fears for future
      334 8 Reuter STRASBOURG The European Parliament on Wednesday invited four new member states aboard the European Union, despite concern the EU might not be able to carry the extra weight because it needs repairs and lacks clear direction. A
      Reuter  -  334 words
    • Article
      Lock icon Hamburger gets French flavour as Paris puts clamp on English
      125 8 Bloomberg Business News LONDON The French national assembly approved a Bill stipulating fines of up to USS3.OOO (554.662) for offences judged to threaten the French language, in particular the public use of English words over their French equivalents. The Senate
      Bloomberg Business News  -  125 words
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      120 6 I ■RMV r ffiE QOLDE/niORSEfJRbUF w I I® I I KPwy A Limited Opportunity to own a Prime* Piece of Beijing. (J&eJjuuj fJloman (Mukden Conceived, designed and built to reflect the influence of 1 i iki I s A Roman architecture, these apartments offer their privileged owners unrivalled facilities within
      120 words
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      171 7 Specifications may differ on modete sow The new BMW 540 i arrives with a fuel efficient V 8 engine that allows you and ample cabin space allow you to pilot the V 8 in first class luxury. to take off from 0-100 km/h in 6.8 seconds. And of course being
      171 words
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      1427 8 Income ft* the years ended Octobcf 31 Income $7,389 $8,084 Deposits with banks 299 327 (in millions of Canadian dollars) 8,978 9.638 Consolidated Balance Sheets !2^ hxpense 5.006 5.871 as at October 31 1992 Debentures 225 227 Other 2 8 Assets 5,233 6,106 Cash Resources ~I 7TT» Cash and deposits
      1,427 words
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  • SPORTS
    • Article, Illustration
      Lock icon Major task awaits Henke in Atlanta
      311 9 Golf AP MARIETTA, Georgia Nolan Henke doesn't have a very good track record at defending his titles on the PGA Tour. He'll try to change that at the Bell South Classic, which began yesterday at the Atlanta Country Club. "My last two attempts at
      AP  -  311 words
    • Article, Illustration
      The sand shot — the correct setup
      186 9  - The sand shot the correct setup Practical golf tips by Patrick Sherry Patrick Sherry The writer is Director of GolJ, Palm Resort Country Club The problem Most golfers fail to get out of the sand because their setup is all wrong. l'he Cure Open the clubfacc of the sand wedge
      186 words
    • Article
      Lock icon Super Eagles capable of soaring high in America
      597 9 WorIdCupUSASA Countdown to World Cup 1994 Reuter LAGOS Nigeria heads for the US as African Champions unlikely to suffer the same fate as Zaire, the last reigning African champion to appear in the World Cup Finals. Zaire was fit. keen but totally
      Reuter  -  597 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        78 9 AP NEW VOKK Major league Wednesday National: Montreal 5 Los Angeles 4; Ne%v York 7 San Francisco 4; Chicago 5 Cincinnati 2; Colorado 5 St Louis 6; Pittsburgh 4 Houston 7; Atlanta 3 Florida 0: San Diego at Philadelphia postponed. American: Detroit 14 Texas 7; Milwaukee 7 Minnesota 8;
        AP  -  78 words
      • Article, Illustration
        Lock icon Basketball
        33 9 AP NEW YORK NBA first-round plavoffs Wtdnesdas Eastern Conference: New Jersey 93 New York 92 (OT) (NY leads best-of-five scries 2-1). Western Conference: Golden State 133 Phoenix 140 (Phoenix wins 3-0). AP
        AP  -  33 words
      • Article, Illustration
        Lock icon Golf
        100 9 AP AP TOKYO Fuji Sankei Classic Open leading Ist rd scores yesterday (Japanese unless stated): 68 Eiichi Itai 69 Kiyoshi Murota. Hidcto Shigenobu. Katsumi Nanjo 70 Tadami Ueno 71 Frankie Mmo/a (Phil). Todd Hamilton (US) 72 Richard Backwcll (Aust). Eduardo Herrera (Col). Brad Andrews (Aust) 73 Roger Mackay (Aust).
        AP  -  100 words
      • Article, Illustration
        Ice hockey
        26 9 NEW VOKK Stanley Cup Western Conference semifinals Wednes- day: Toronto 5 San Jose 1 (Best-of-seven series tied l-l): Dallas 0 Vancouver 3 (Vancouver 2-0).
        26 words
      • Article, Illustration
        Lock icon Tennis
        124 9 Reuter Reuter NEW DELHI Federation Cup Asia-Oceania zone qualifiers. Semifinals yesterday: Taiwan b lhailand 3-0 (Weng Tzu-ting b Suvimol Duangchan 6-1 6-1: Wang Shi-ting b Tamarine Tanasugarn 6-0 7-6: Lin Ya-hui/Tzu-ting b Pimpisamai Kansuthi/Bcnjamas Sangaram 7-6 5-7 6-3). New Zealand b the Philippines 2-1 (Amanda Trail lost to Maricris
        Reuter  -  124 words
    • SIDE LINES
      • Article
        Lock icon Arsenal wins Cup Winners Cup
        75 9 AP OPLNHAGhN. Denmark Alan Smith's 19th-minutc goal proved to he the winner as Arsenal upset defending champion Parma ol Italy 1-0 in the European ("up Winners Cup final on Wednesday. Smith, the London team's lone striker in the game, capitalised on a mistake by Parma
        AP  -  75 words
      • Article, Illustration
        Lock icon He ain't heavy — he's the champ
        52 9 He ain't heavy he's the champ Reuter YOKOHAMA. Japan Japanese challenger Hiroshi Kawashima. riding on his trainer's shoulders, celebrating after beating champion Jose Luis Bucno of Mexico for the World Boxing Council junior bantamweight title here on Wednesday. Kawashinia won the title with a unanimous decision in the scheduled 12-round
        Reuter  -  52 words
      • Article
        Lock icon Kevin Johnson in Dream Team II
        138 9 AFP COLOR ADO SPRINGS. Colorado Phoenix Suns guard Kevin Johnson was selected on Wednesday for the US team for the world basketball championships, replacing injured Isiah Thomas ol the Detroit Pistons. "Kevin is a great player who has had a tremendous career and possesses
        AFP  -  138 words
      • Article
        Lock icon Alcala claims Tour DuPont prologue
        85 9 Reuter WILMINGTON. Delaware Defending champion Raul Alcala of Mexico rode conservatively but fast enough to claim the prologue on a dismal and slick opening da> of the Tour DuPont cycling race on Wednesday. Alcala. 30. who also won the prologue in the 1990 Tour DuPont
        Reuter  -  85 words
    • Article
      Lock icon Barkley shines as Suns sweep first-round series
      551 10 NBA play-otTs AP NEW YORK Charles Barkley turned in one of the best performances in National Basketball Association play-off history on Wednesday night as the Phoenix Suns beat the Golden State Warriors 140-133 to sweep their first-round series. Barley finished with 56 points,
      AP  -  551 words
    • Article, Illustration
      Lock icon Senna buried
      50 10 Reuter SAO PAULO, Brazil Draped in the national flag and with military cadets as pallbearers, the casket of three-time Formula One motor-racing champion Ayrton Senna was carried to the state legislative assembly on Wednesday. Senna, killed in Sunday's San Marino Grand Prix, was laid to rest yesterday. Keuter
      Reuter  -  50 words
    • Article
      Lock icon What's happening to Gabriela Sabatini?
      527 10 NYT NEW YORK Don't confuse Gabriela Sabatini, whose bizarre hiatus from the tennis winner's circle has dragged on for more than two years, with Rip Van Winkle. She is definitely not sleeping her career away; it just looks that way. Sabatini can't remember exactly when
      NYT  -  527 words
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      250 9 TWO TIMELY CONFERENCES FOR COMPANIES INVOLVED IN REGIONAL~I 17-18 May Y Concorde Hotel Kuala Lumpur Opening Address by A comprehensive two-day conference presented by a panel of SUDARMADI, Ambassador, top-notch specialists Embassy of tne Republic of Indonesia Investment climate and opportunities r Foreign investment approvals fEttKEESS' Capital market developments and
      250 words
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      827 9 `;[{}~_=:?%)\}^=:~:((&~:=$&._<- IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF SINGAPORE FASHION CREATION PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of Ihe abovenamed Company, duly convened and held at 20 Collier Quay. #11-01. Tung Centre.
      827 words
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      253 9 M THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of MAXWELL MACMILLAN PUBLISHING SINGAPORE PTE LTD NOTICE PURSUANT TO SECTION 2SI (4) STATUTORY DECLARATION BY DIRECTORS OF COMPANY'S INABILITY TO CONTINUE BUSINESS BY REASON OF ITS LIABILITIES LODGED WITH THE REOISTRAR OF COMPANIES AND THE OFFICIAL
      253 words
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      782 10 Feast That's Out Of This World, BSgL Need Not Cost The Earth. POUR-VARIETY COLD WSH COLD DISH DELUXE LOBSTER COLD DISH BRAISED SHARK'S FIN WrrH BRAISED SHARK'S FIN BRAISED SUPERIOR SHARK'S FIN Br flfff CRAB MEAT ROAST SUCKLING PIG ROAST SUCKLING PIG ROAST CHICKEN STEAMED GAROUPA STEAMED POMFRET WifWnWU STEAMED
      782 words
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      589 10 BUSINESS TIMES TOLL —FREE TEL. No. 1-BQO-741-1883 FA X 741-1298 1 Singapore Computer Singapore Technologies Systems Limited industrial NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 14th Annual General Meeting of the Company will be held at 750 D Chai Chee Road. #03-01, Chai Chee Industrial Park,
      589 words
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      588 11 I THE I I I I LINKED BY AN UNDERPASS TO I X# f I EAST COAST PARK AND EAST COAST LAGOON I V II Vy/r A NEXT TO BAYSHORE PARK I V H° e ULTIMATE Condominium I n, The ULTIMATE Lifestyle I area about 450,000 sa FT. v&Z-it' m
      588 words
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      Page 12 Advertisements Column 2
      304 12 WHERE TO WINE, DINE AND ENTERTAIN TeochewZ^p# Hot-Poti^|ga irresistible Function^ Teochew/Cantonese Rooms Dian Xin Lunch —JO/l ft/ A\rr ie«cepf Sundays t YOlir dining 1/ /OvJrr Public Holidays) pleasure. AH prices j« *f S 3 ft <"esr" TEOCHEWGARDEN RESTAURANT 68 Orchard Road #03-13/20 Plaza Singapura Tel 338 3661 [bOitrt P*>o€"(x A
      304 words
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      Page 12 Advertisements Column 3
      366 12 ==_l l gi Jaticy 'Beijing? Then, we're delighted to suggest the "Pine Court for a memorable dining experience. Our lunch menu offers a variety of dian %in "Beijing dumplings, a selection Vj of set menus, and Beijing specialities D|||£3| such as Beijing Bailed Tench and Hs* l Marinated Lamb. Jancy
      366 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Putting the hip in hop
      1010 13  -  Mike Zwerin picks pointers from the Last Poets on words to the streetwise Mike Zwerin IHT CALLING their "spoetry" rap is a bum rap as far as the l ast Poets are concerned, even though, it tan be argued, they started the whole thing back
      IHT  -  1,010 words
    • Article, Illustration
      Lock icon Danish delight for Ray
      37 13 Reuter MONACO Danish top model Helena Christenssen kissing American singer Ray Charles as he received a World Music Award for his outstanding contribution to the music industry in Monte Carlo on Wednesday. Reuter
      Reuter  -  37 words
    • Article
      Lock icon Cobain's wife cleared of drug charges
      284 13 CHATTERBOX" AP AP UPI UPI COURTNEY LOVE was cleared on Wednesday of drug charges filed against her the same week her rock star husband. Kurt Cobain, committed suicide. Prosecutors said that substances found in Love's hotel room were not illegal drugs and that syringes
      AP; UPI  -  284 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      142 13 T7 Wtaiteta 1 J_Jven if you are Busmesste j I BHPVWfI 1 we can still bring you v) Celebrate the euphoria that Friday and A Saturday brings with choice succulent meats and I an *****1 harvest grilled to your satisfaction. M Of Friday Saturday only 6.30pm to Io.3optn our latest
      142 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1104 13 TV RADIO HHkiiaLaHUiSiiSifl^^l An- J&\ j£^L i v H shady political soon drag a For 7 SBC 8 On the day of Gao Peng's wed- manor a tatters. Gao exponents to of Bai. John Woo diUp J* ''I sbc 12 mothers bond I their personalities _-SHI^IHHI^^I^H^^^HhB from, and how parents
      1,104 words
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  • ADVERTISING & MARKETING
    • COPY LINES
      • Article
        Star PR is new kid on the block
        94 14 SINGAPORE A new public relations company. Star Public Relations, has just been set up by Robin Baiden, former managing director of Gibson Public Relations, Singapore. Mr Baiden was most recently managing director of PT Intra PR, Jakarta. His new PR firm is
        94 words
      • Article, Illustration
        Pizza Hut to open in Vietnam
        81 14 HANOI PepsiCo Inc's fast-food chain Pizza Hut plans to open its first outlet in Vietnam by the end of 1995, a company executive said. A study team will visit Vietnam in June to seek joint venture partners and site locations, and assess potential demand
        81 words
      • Article
        Lock icon Miller Brewing's turn of accounts
        111 14 NYT NEW YORK The Miller Brewing Co has ended an unusual one-two review of an account by withdrawing an important new brand, Lite Ice, from Leo Burnett USA and awarding it to Backer Spielvogel Bates Inc, which lost the brewer's flagship beer. Miller Lite, to
        NYT  -  111 words
      • Article
        Lock icon Microsoft narrows agency choice
        124 14 NYT NEW YORK Microsoft Corp has narrowed a review to select its first agency for a proposed worldwide image account to three shops from six. Though billings were not disclosed, trade publications have estimated them at US$4O million (Ss6l million). Christine Santucci, a spokeswoman for Microsoft
        NYT  -  124 words
    • Article, Illustration
      The New Zealand Way of selling
      408 14  -  Corinne Kerk looks at a venture set up to make a stronger impression on potential buyers of Kiwi goods Corinne Kerk I T ISN'T easy marketing a myriad of products all at the same time, especially when the only significant link between them is
      408 words
    • Article, Illustration
      Giordano dreams up sale for insomniacs
      551 14  -  By Peter Ong IT WAS 3.30 am on Sunday Labour Day and a large crowd was milling around a small shop in the basement of Lucky Plaza in Singapore's Orchard Road. And by the looks of those present mainly teenagers and numbering about 300
      551 words
    • Article, Illustration
      Lock icon Major changes expected in new 4As chiefs term
      549 15  -  Replacing bankers' guarantees with insurance coverage is one. reports Corinne Kerk Corinne Kerk JUST one week after electing a new committee into office, the Association of Accredited Advertising Agents Singapore (4As) is expecting some landmark changes in the industry. The association recently
      Photo by Arthur Lee  -  549 words
    • Article, Illustration
      Lock icon Advertising blitz for the Krugerrand plays down the political sizzle
      602 15 NYT THE arrival of democracy to South Africa also means the return to America of South Africa's most familiar product, the Krugerrand. But the renewed marketing efforts for the gold coins are deliberately playing down the political in favour of
      NYT  -  602 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      35 14 A Bentley L< the worlds mo.it luxurious performance car. At 551.20 milium, it u> aho the most excliuwe. PTI Malayan Motors the worlds finest sporting car 45 leng Kee Rood. Singapore 0315 Tet 473 7756
      35 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      937 15 BUSINESS TIMES TOLL-FREE TEL.No. 1-000-741-1883 FAX 741-12— IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ASKO FAB EAST PTE I.TP (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the mem ben of the abovenamed Company duly convened and held
      937 words
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      Page 15 Advertisements Column 2
      207 15 Whatever your printer is, we've a specially developed label for you iPMnPfI mhi *B3p iE^hII Specially developed for /> Specially developed for Specially developed high speed ink-jet all Laser, LED and ICS w for all standard printers printers J photocopiers guaranteed trouble-free guaranteed top guaranteed perfect printing I W* quality
      207 words
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  • Article
    Reforming the civil service
    544 16 EDITORIAL ALL THINGS considered. Singaporeans can be proud of their civil servants. They run an efficient system, and one that is free of the kind of favouritism, nepotism and corruption so endemic in many other countries. A key secret behind this happy state of affairs is
    544 words
  • WHAT THE OTHERS SAY
    • Article
      Cambodia's unending woes
      252 16 OVER THE past two weeks, the Khmer Rouge has been busy trying to extend its territorial control in north-western Cambodia. It is clear that Phnom Penh is incapable of overpowering its enemy, while the Khmer Rouge seems to lack the strength to bring more areas under its
      252 words
    • Article
      Tackling drug addiction
      165 16 AT THE recent seminar organised by the Muslim Joint Action Anti-Drug Addiction Coordinating Committee (Mujadacc) were produced a comprehensive survey on drug addiction that identifies drug addicts undergoing a rehabilitation programme under supervision and who had succeeded in breaking away from the nasty habit; and a comprehensive
      165 words
    • Article
      A balanced decision
      165 16 WHILE THE Michael Fay case reflected the Singapore government's principles and stand, it also showed that Singaporeans in general are rational and have clear knowledge and a balanced view of crime and punishment. affection and reason. What is even more gratifying is that, faced with untrue and
      165 words
    • Article
      Empower the workers humanely
      167 16 NO WONDER the majority of our workers belong to the lowest strata of our society. Poorly educated and lacking training, most of them are helpless and have no bargaining power in dealing with their employers. Aside from that, most of them are ignorant of their rights,
      167 words
    • Article
      Power in perspective
      153 16 BARONESS DUNN, the senior member of the low-profile Executive Council, yesterday returned to the spotlight for a moment to give a timely reminder that Britain, not China, is still the sovereign power here. The Joint Declaration, she pointed out. said Britain would retain sovereignty until June 30.
      153 words
    • Article
      A big boost for tin producers
      105 16 COOPERATION among major tin-producing nations was given a big boost with China's formal entry into the Association of Tin Producing Countries (ATPC). China's membership may be long overdue. 10 years after the association was formed. But it is better late than never. China, after
      105 words
  • Article
    7pc GDP growth... no, wait, make that 8... ah, hold on...
    1159 16  -  Anna Teo finds local economic forecasting a necessary if perilous activity practised religiously, despite last yearns multiple GDP growth revisions Anna Teo ONE must be prepared, when doing economic forecasting in Singapore. to lose face, a university economist said
    1,159 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      290 16 fjTor over two decades Singapore Business has /covered the local and regional business scenes with more depth and breadth from a perspective which is more relevant to local businessmen than any other 1 Tk publication. Some may call it an unfair advantage. Lj 1J 1 j\/I We at Singapore Business
      290 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      70 16 l KNOU) I'm Pt GOUJ£CJOR... HGPe is rve &€<lm weK€.™«§e Tupcr boYujill I vjoofc rnpvu Can i HAve Dfv/S F<LL£D UP J GO FRR STpJmPs y NINC. RUSUMjr —y 4 \f\ HOST A MOTMIfIG L J| i' R©oor -rwero...TW€.v AR€_ 1 < STpsroPS hSBw -—c»«»ociAHOMevwAytnaLTO.iMji*»4 9)62 DOONESBURY GARRY TRUDEAU I'M
      70 words
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  • ANALYSIS
    • Article, Illustration
      Is the Fed exaggerating the Phillips Curve?
      1244 17  -  Leon Hadar examines both the support for and criticism of the Federal Reserve's delicate balancing act on inflation and growth. In the accompanying article, George Graham discusses how the Clinton Administration has been unintentionally talking down the dollar Leon Hadar George Graham The
      1,244 words
    • Article
      Lock icon Finding it tough to convince traders
      625 17 FT THE Clinton Administration has come a long way in its remarks on exchange rates since taking office 15 months ago. A year ago. Treasury Secretary Lloyd Bcntscn prompted the dollar to slide to 118.20 yen. at the time its lowest level in four
      FT  -  625 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      22 17 7 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. Business Times •HMOVAIU
      22 words
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      Page 17 Advertisements Column 2
      406 17 A Group with a turnover of Rs. 400 crores invites you to invest in Green Earth Units (Series II) and Vegetable Garden Units. Parasrampuria a 125 years old business house After gettjng a engaged in diverse activity. The group comprises of: thumping Responce in IVIr Rdtdnldl Parasrampuria, Parasrampuria Synthetics Ltd.
      406 words
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  • Article
    Lock icon US productivity rates slashed by rising labour costs
    469 18 Reuter. AP WASHINGTON Rising labour costs in the first three months of 1994 slashed worker productivity rates, the United States Labour Department said yesterday, and created a potential problem for restraining inflation in a growing economy. Non-farm productivity a measure of output
    Reuter.; AP  -  469 words
  • Article, Illustration
    Lock icon This stall pays world's highest rent — HK$3,600 psf
    74 18 This stall pays world's highest rent HK$3,600 psf AFP HONGKONG Yiu Hing Loong fruit-juice stand in Hongkong's Causeway Bay district has the dubious distinction of topping the list of the highest shop rentals in the world. Monthly rent for the 10-sq-ft shop is HK536,015 (557,255) which works out to about
    AFP  -  74 words
  • Article
    Lock icon Indian banking industry paralysed by strike
    289 18 Reuter, UPI BOMBAY Banking services across India were crippled yesterday as nearly 250,000 employees of state-run banks went on strike to campaign against reforms to the finaneial sector. Bank unions fear the reforms will lead to massive job losses as inefTieient and lossincurring state
    Reuter,; UPI  -  289 words
  • Article
    Lock icon BP dazzles markets with jump in profit, rise in dividend
    324 18 Reuter LONDON Oil and natural gas giant British Petroleum Co pic dazzled financial markets yesterday with earnings for the first quarter of the year well above forecasts and with a surprise dividend increase. BP reported replacement net income of £328
    Reuter  -  324 words
  • Article
    Lock icon China leads regional backlash over Japanese minister's hoax claim
    252 18 Reuter BEIJING China and other Asian nations expressed surprise and anger yesterday over a Japanese minister's statement that Japan was not an aggressor in World War II and did not massacre Chinese civilians. "We arc shocked and indignant." China's Foreign Ministry
    Reuter  -  252 words
  • Article, Illustration
    US unlikely to go far with numerical targets
    850 18  -  The Bottom Line SN VASUKI SN VASUKI The writer is aBI correspondent who covered the ADB meeting in Sice I'VL been in the dark before, but this is something else. So said US Treasury Under-secretary Roger Alt man. before addressing a news
    850 words
  • Article
    Lock icon Yemeni capital under attack, nation close to civil war
    290 18 Reuter SANAA Explosions rocked the Yemeni capital of Sanaa yesterday and planes flying over the city drew anti-aircraft fire, residents said. It was not immediately clear if the explosions were from an air raid by rival southern fighter jets. The anti-aircraft
    Reuter  -  290 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      89 18 HSflltl SfK THE RAFFLES j CONVERSATION "hAy eight-year-old can shock me with some of the things that he knows about the environment. And his generation is not going to stand for it, they are going to do something about it." m —i —f w 1 i I I W I
      89 words
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      Page 18 Advertisements Column 2
      10 18 Fed says US econom\ shotting signs of growth. Pg 6
      10 words
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      Page 18 Advertisements Column 3
      43 18 SINGAPORE KJJALA LUMPUR NGEEANN OOEON TOWERS LB MEN AH A IMC CITY (Opp. Raffle* M (Opp Shangri-La Ho tail (Orchard Road) fl Quality Serviced Offices Tel: 65-838 5243/ Fax: 65-339 1676 MRCEINITRE Operate A Business From Home? We give complete support/address/dedicated phone Ca*****5240
      43 words
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      Page 18 Advertisements Column 4
      127 18 L qPfggtCTjgN SYSTEM j.B ioflg East St 21, S&j'# M/l'.l 4 g #03-180 T«l; *****03 Hours: 11 un to 8 pm Daily BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 piiii M An investment portfolio that's not manipulated by jK 9 large investor/corporations k ri A diversified portfolio that provides
      127 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Seapower shares fall 31 cents as speculators unload
      347 19  -  By William Chia SINGAPORE Seapower Asia Investments shares fell 31 eents, or about 13 per cent, to 52.03 yesterday as speeulators unloaded on learning that Hongkong businessman Riehard Li planned to make a general offer for the company at only $1.45 a
      Source: Bloomberg  -  347 words
    • Article, Illustration
      Alliance Technology clinches Fort Canning site
      267 19  -  By Juliette Walker SINGAPORE Alliance Technology and Development has beaten five other bidders to win the tender to lease and redevelop the former Singapore Command and Staff College (SCSC) Building at Fort Canning Park. In a statement last night. Alliance said the National Parks
      267 words
    • Article
      JEL shareholders to get one-for-four bonus issue
      217 19  -  By Dexter Lee SINGAPORE Buoyed by a set of strong results last year, Jurong Engineering Ltd (JEL) has decided to reward shareholders with a bonus issue. JEL shareholders are slated to get one bonus share for every four shares they already own. JEL's
      217 words
    • Article
      NatSteel's short-term liabilities soar to $806m
      203 19 SINGAPORE Governmentlinked Nat Steel. which has been showing good profits, saw its current liabilities more than double last year. The group says in its annual report released yesterday that current liabilities as at Dec 31. 1993. stood at 5806.81 million, up from 5386.68 million
      203 words
    • Article
      Market segment that warrants a close look
      776 19  -  HOCK LOCK SIEW By R Sivanithy SINGAPORE When the bulls were running at full steam last year, it was not uncommon to find warrants trading at large premiums. In some cases, buying the warrant, and then paying the exercise price to acquire the
      776 words
    • Article
      Top APT execs in HK quit, satellite launches in balance
      449 19  -  From Catherine Ong in HONGKONG TWO sudden resignations have raised concerns over satellite launches by APT Satellite. the China-backed consortium led by Thailand's CP Pokphand group, and which includes Singapore Telecom as a shareholder. The resignations last week have left
      449 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        41 19 Uncertain 'Market \food indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance. Barings. Daiwa, Fraser. GK Goh. .\torgan Grenfell. Smith New Court, H7 Carr and SG Warburg
        41 words
      • Article, Illustration
        HOT STOCK
        152 19  -  -By Paul Leo Wing Tai Holdings, the bidder for control of Yeo Hiap Seng, will experience further price weakness in the short term. Technical factors on the daily chart point to a fall towards support at 52.20. from yesterday's close of $2.57. The daily Moving Average Convergence Divergence
        152 words
    • COMPANIES
      • Article
        SIA, Telecom, Keppel and DBS among Asia's favourites: survey
        441 21  -  By Juliette Walker SINGAPORE Four Singapore companies rate among Asia's 20 most admired firms this year, a survey by Asian Business magazine says. Singapore Airlines. Singapore Telecom. DBS Bank and Keppel Corp won the honour among 249 local, foreign and multinational
        441 words
      • Article
        KL securities head sheds more light on reverse takeover guidelines
        348 21 KUALA LUMPUR Securities Commission chairman Mohd Munir Abdul Majid shed more light on the reverse takeover guidelines when he indicated that exercises involving complementary businesses would be viewed somewhat more favourably than those which were not. He introduced this concept
        348 words
      • Article, Illustration
        Lock icon Indian motorbike giant aims for output of 1m
        58 21 Reuter BOMBAY Rahul Bajaj. chairman of India's biggest manufacturer of scooters and motorbikes, Bajaj Auto Ltd. in Bombay on Wednesday. The company plans to increase its production to one million units this year and does not see any threat to its domination
        Reuter  -  58 words
      • Article
        Orchard Parade seeks openings in China, Pakistan
        208 21  -  By Bernard Chew SINGAPORE Orchard Parade Holdings, the listed hotel and property development subsidiary of tycoon Ng Teng Fong's Far East Organisation, plans to look for openings to expand in China and Pakistan, company chairman Philip Ng says in the group's annual report.
        208 words
      • Article
        Lock icon Celcom takes on Telekom with new transmission permit
        393 21 MBT KUALA LUMPUR Cellular Communications Network Malaysia (Celeom) is a step closer to realising its vision of being the country's premier telecom m unicat ions com pa n v with the award of" a transmission licence that puts it on a par
        MBT  -  393 words
      • Article
        Saw family said to be giving up control of Sitt Tatt
        261 21  -  From Ho Kay Tat in KUALA LUMPUR SPECULATION is rife in the stock market that the Penangbased Saw family is about to relinquish control of Sitt Tatt Bhd to a group that plans to inject assets into the company.
        261 words
      • COMPANY BRIEFS
        • Article
          Hong Leong Fin on S'pore Fin warrants
          122 21 SINGAPORE Hong Leong Finance* said yesterday it will renounce its share of warrants being issued by its listed subsidiary in favour ol Hong Leong's members. Hong Leong owns 75 per cent ot Singapore Finance and under the renunciation. Hong Leong members are entitled
          122 words
        • Article
          DBS Land denies share placement plan
          50 21 SINGAPORE DBS Land has issued a statement to the Stock Exchange of Singapore denying rumours that it planned a share placement. A newspaper report yesterday said shares of DBS Land fell on rumours that it was placing out 43 million shares on the market.
          50 words
        • Article
          Pacific Can rights issue oversubscribed
          109 21 SINGAPORE Pacific Can Investment Holdings said yesterday its renounceable rights issue of loan stocks with detachable warrants had been oversubscribed. The rights issue of $20.83 million worth of 2.5 per cent loan stock due in 1999 with detachable warrants was offered to shareholders on the
          109 words
        • Article
          Lock icon Berjaya to appeal over lottery decision
          74 21 AFP MANILA The Berjaya Group of Malaysia said here yesterday that they will ask the Supreme Court to reconsider a decision barring them from operating a computerised lottery in the Philippines. Berjaya and its local atYiliatc. the Philippine Gaming Management Corp. said in a
          AFP  -  74 words
        • Article
          Lock icon Philippines rejects 2 bids for steel firm
          90 21 Reuter MANILA A Philippine government agency rejected two bids for the state-owned National Steel Corp (NSC) because they were well below the indicative price, officials said yesterday. Exchange Capital Corp. a 70-30 venture between Malaysia's Magnum Holdings Inc and the Philippines' City Industrial
          Reuter  -  90 words
      • Article
        UNIT TRUSTS & FUNDS
        581 21 UNIT TRUSTS FUNDS Managers prices Ma> 4 I S C.r Fund 1.02 I 06" Singapore Unit Trust W® Invest Mgt Ltd The < ommeree 1.73 1*2 J nitund L45 151 I he Savings Fund 15* l J nihond- I 02> 105 Spore Prog Fund (I. 1 0 7 6 I
        581 words
      • Article
        Sum Cheong shares soar on rumour of S'pore listing
        259 22  -  From Lim Soon Neo in HONGKONG THE share price of construction counter Sum Cheong International Limited was chased up HKSI.2S to HKSS.9O yesterday amid market talk that a listing application for its subsidiary was being reconsidered by the Singapore Stock Exchange.
        259 words
      • Article
        Lock icon Motorola wins three pager contracts in China
        231 22 Bernama HONGKONG Motorola's Global Paging Infrastructure division said it had won three major contracts in China in Zhejiang, Liaoning and Hubei provinces. In Liaoning, the division has completed installation of the largest network paging system in China. Spanning 14 cities with an initial
        Bernama  -  231 words
      • Article, Illustration
        Lock icon Bond woes
        46 22 Reuter SYDNEY Failed Australian tveoon Alan Bond posing for photographers after a bankruptcv court hearing yesterday. Bond, once worth ASIO billion (5510.9 billion) in the late 1980s until he was declared bankrupt in 1992, suffered memorv lapses during his recent bankruptcv court examinations. Router
        Reuter  -  46 words
      • Article
        Lock icon News Corp's film, TV units help lift 9-month profit by 54pc
        213 22 Reuter SYDNEY Profit gains in News Corp Ltd's film and television units, along with continued profit strength in its British satellite service, helped fuel a 54 per cent rise in ninemonth earnings, the global media group says. News Corp
        Reuter  -  213 words
      • COMPANY BRIEFS
        • Article
          Lock icon Casio seen posting 36pc profit fall
          117 22 Bloomberg Business News lOKYO Casio Computer Co. a maker of digital watches, will likely report current profit of 7.4 billion yen (SSSII4 million) for the year through March 1994. down 36 per cent on the year, the .N ikkci newspaper said yesterday. The profit
          Bloomberg Business News  -  117 words
        • Article
          Lock icon Hualon to invest US$235m in UK
          80 22 AFP TAIPEI Taiwan's textile and electronics giant, the Hualon Group, is to invest USS23S million (***** million) in a textile complex in Britain, company officials said yesterday. The European Union on Wednesday gave the greenlight for the British government to extend £60 million (SSI4I
          AFP  -  80 words
        • Article
          Lock icon China Petrochem IPO a likely success
          95 22 Reuter TAIPEI An offer of state-run China Petrochemical Oevelopment Corp shares is expected to be a success, securities analysts said on Wednesday. It is likely to become Taiwan's second state firm to be privatised after Chung Kuo Insurance Co last month. The offer of
          Reuter  -  95 words
        • Article
          Lock icon Ross Group to acquire Accom stake
          144 22 Bloomberg Business News HONGKONG Consumer electronics maker Tomei International and the director of its privately held subsidiary Accom Industrial will sell a 25 per cent stake in Accom to UK consum-er-products distributor Ross Group pic. Tomei said yesterday. Tomei International said it will sell
          Bloomberg Business News  -  144 words
        • Article
          Lock icon RJR Nabisco sees 15pc EPS growth
          88 22 Reuter FORT SMITH. Arkansas RJR Nabisco Holdings Corp chief executive Mike Harper said yesterday the company expects 1994 earnings per share growth of 15 per cent. He told the annual meeting: "We expect a 20 per cent return on equity during that period." Mr
          Reuter  -  88 words
    • FINANCE & COMMODITIES
      • Article
        Maybank foreign depositors urged to close ringgit accounts
        294 24  -  By Paul Leo SINGAPORE In a move expected to deter any diehard ringgit depositors, the Malaysian and Singapore arms of Malayan Banking have written to foreigners asking for disposal instructions on inter-est-bearing accounts. The move by Malaysia's largest bank follows similar action
        294 words
      • Article
        Banque Indosuez buys 70pc stake in Indon bank
        326 24  -  By Shiv Taneja SINGAPORE Banque Indosuez has bought a controlling stake in an Indonesian bank. PT Mutual International Bank, for an undisclosed amount. The deal to acquire 70 per cent of the equity of MIB was finalised on Wednesday in Jakarta. With
        326 words
      • Article, Illustration
        Lock icon The writing's on the board
        47 24 Reuter BOMBAY An employee of the state-run Bank of India joining his colleagues in shouting slogans in Bombay yesterday. During the one-day strike, more than 250,000 bank officers demanded higher Mages and medical benefits. The strike crippled banking services in India. Keuter
        Reuter  -  47 words
      • Article
        Lock icon UK building societies plan £8b merger
        411 24 Reuter LONDON Two British mortgage lenders on Wednesday announced plans to merge, making the second key move in a month towards consolidation as building societies and banks compete fiercely for the home loans market. The deal linking Northern Rock Building Society and the rival
        Reuter  -  411 words
      • SMALL CHANGE
        • Article
          Lock icon Formosa Plastics gets okay
          78 24 Bloomberg Business News TAIPEI The Formosa Plastics Group, one of Taiwan's largest industrial groups, has received permission from the Securities and Exchange Commission to raise NTS 1.05 billion (about SS6I million) overseas through a bond sale, the commission said yesterday. The issue the largest ever overseas
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Aussie group to issue mortgage bonds
          70 24 Knight-Ridder SYDNEY National Mortgage Market Corp will launch AS6OO million (***** million) in sccuritised mortgage bonds with staggered interest rate resets to avoid excessive volatility. Geoffrey Proposch from lead manager SBC Australia Ltd said in a statement yesterday that the issue, planned for June
          Knight-Ridder  -  70 words
        • Article
          Lock icon Bank of Scotland doubles pre-tax gain
          76 24 Knight-Ridder LONDON The Bank of Scotland made a pre-tax profit of £268.7 million (SS63I million) in 1994. compared with £125.3 million in 1993. This came on the back of operating profits before provisions of £580.2 million in 1994. up from £487.9 million in 1993.
          Knight-Ridder  -  76 words
        • Article
          Lock icon Sweden cuts marginal lending rate
          73 24 Bloomberg Business News STOCKHOLM I he Swedish central bank yesterday cut its key marginal lending rate to 7.0 per cent from 7.25 per cent, effective May 9. "Central banks in a number of European countries have continued to cut their key rates. That proves that
          Bloomberg Business News  -  73 words
        • Article
          Lock icon National Mutual opens Beijing office
          64 24 Reuter BEIJING National Mutual. Australia's second largest insurance group, has opened a Beijing representative office to position itself for the future opening of the China market. Currently only one foreign insurance company. AKi of the US. is allowed to do business in China. A prerequisite
          Reuter  -  64 words
      • Article
        Lock icon Dealers say palm oil prices set to stabilise soon
        217 24 Reuter LONDON A bull run in palm oil appears to have run its course for now with prices expected to stabilise over the next few days, dealers say. "The market went up too fast and people appear to be coming to
        Reuter  -  217 words
      • Article
        Lock icon Ex-Price Waterhouse men charged over Amre audits
        181 24 Bloomberg Business News W ASHING I ON The Securities and Exchange Commission has charged two former Price Waterhouse officials with failing to follow standard accounting procedures in audits thev performed in 19X8 and 1989 at Amre Inc. Edward Jan Smith, a former Price
        Bloomberg Business News  -  181 words
      • Article
        Lock icon India aims for 60pc increase in rubber output with World Bank aid
        255 24 Reuter BOMBAY A World Bank funding scheme is helping to boost Indian natural rubber output, which is expected to jump more than 60 per cent to 7(H).()0() tonnes by the turn of the century, the state-run Rubber Board
        Reuter  -  255 words
      • Article
        Lock icon London
        170 24 Bloomberg Business News LONDON The dollar continued to rally in Europe even though central banks stayed out of the market after their intervention on Wednesday sent the currency surging. Speculation that US interest rates will move up in support of Wednesday's central bank action and wariness ahead of the
        Bloomberg Business News  -  170 words
      • Article
        Crude oil futures up on better demand, Yemen conflict
        175 24 Bloomberg ENERGY REPORT LONDON Oil futures prices rose in London and New York yesterday as world demand for oil reached its highest quarterly level for almost 15 years and conflict in Yemen pushed the country to the verge of civil war,
        175 words
      • Article
        Lock icon New York
        92 24 AFP NEW YORK The dollar remained firm here early yesterday. a day after the Federal Reserve coordinated an intervention of 16 central banks to buy dollars to stabilise the weakening greenback. At about 9:40 am (1330 GMT), the dollar was trading at 1.6690 mark, up from 1.6540. and
        AFP  -  92 words
      • Article, Illustration
        Untitled
        1643 24 I iihU wi whtnl ukU niUnlauil tituwisi V hy 14 runhna /\nnwr\ Htim' ww IVS* US$/S$ forward rates Noon May 5 ss Bid Offer 1-month 5570 1.5585 2-monlh 1.5572 1.5587 Vinonth 1.5572 1.5587 6-inonih 1.5575 1.5515 .Who- (X H( Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on May
        1,643 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar edges lower in light trading
        1209 25 Reuter SINGAPORE Simex Eurodollar futures crept slowly lower in the afternoon under light selling pressure. The market remains mostly lifeless with Japanese players out for the Golden Week holidays, which ended yesterday. The September contract closed at 94.51 against its IMM close of 94.53,
        Reuter  -  1,209 words
      • Article
        KL tin rises on firmer LME close
        603 25 COMMODITY REPORTS Tin TIN closed six sen up at MS 14.26 a kg after a brief trading session yesterday, aided by a firmer London close and some local buying, traders said. "The market is just following a higher London market." one trader said,
        603 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          US bill to exclude vegoil from rules
          70 25 WASHINGTON Midwestern senators have introduced legislation that would stop federal agencies from including vegoil in regulations for the petroleum industry'. A number of federal agencies. are finalising regulations aimed at preventing crude oil spills. But some of the directives would impose requirements on
          70 words
        • Article
          Xinjiang ups cotton planting area
          59 25 HONGKONG China's northwestern Xinjiang province is exported to field 733.300 hectares of cotton this year, compared with 644.600 in 1993. the official Xinhua News Agency reported yesterday. The increase follows the development of 14 special growing zones, which together encompass 200.000 hectares, part of the
          59 words
        • Article
          Brazil March iron ore exports up
          63 25 RIO DE JANEIRO Price-cutting practices and increased demand boosted March Brazilian iron ore exports 32 per eent from a year ago lo 10.73 million tonnes, the National Iron-ore Exporters Association said yesterday. March earnings totalled USS 195.2 million, up 18 per cent from a
          63 words
        • Article
          Three MIM coal projects for sale
          66 25 SYDNEY Citing a review of its assets. Australia's MIM Holdings Ltd yesterday said it will put three undeveloped coal properties on the sales block. Two of the projects. Rolleston and Chinchilla. are located in Queensland state and the other. Dcnman. is in New South
          66 words
        • Article
          Aussie rice harvest nearly completed
          49 25 SYDNEY Australia's rice harvest, estimated at more than one million tonnes, is expected to be completed by the end of the month. Ricegrowers Association of Australia executive director Michael Hcdditch said the harvest is 85-90 per cent complete. with good yields and quality reported.
          49 words
    • Article
      COMMODITY PRICES
      1475 25 Rubber May s Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) gurin RSS 1 Contract (S ccnts/kg) As at 12 noon (S ccnts/kg) u "a* Volume Open KSS i June 94 152.00 I53.00N Monlh High Low Sett (tonnes) interest K SS 3 June 94 .5. 00
      1,475 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        988 26 -30.3 Australian stocks plunged to a seven-month low as markets reacted negatively to the federal government's A 56.5 billion (557.2 billion) White Paper. fhe All Ordinaries index closed 30.3 points down at 1.988.1. after earlier reaching a midsession low of 1.972.1. Its previous lowest close was 1.998.5 on Oct
        988 words
      • Article
        Manila
        546 26 -84.05 Share prices slumped after Wednesday's 4.3 per cent rise with Philippine Long Distance Telephone Co leading the sell-off I lie composite index 101 l to 2.980 points, down 84.05 |X)ints or 2.74 per cent, from the 3.064.05 points posted on Wednesday when the market rose by 4.3 per
        546 words
      • Article
        Taipei
        594 26 +9.23 Taiwan stocks ended well off highs on late profit-taking. Brokers expected trade to remain active and sonje said the index was likely to test new highs alter consolidating around the current level for some time. The index ended up 9.23 points, or 0.16 per cent, at 5.916.77. oil"
        594 words
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        New Zealand
        352 26 -2.9 pc New Zealand shares fell to a 1994 closing low of 2.012.82. down 2.9 per cent, leaving brokers largely perplexed as to the severity of the selling. falling share prices in Australia. where by 0415 (iM I the \ll Ordinaries Index had fallen 36 points to 1.9X2.
        352 words
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        Bombay
        75 26 +22.77 Indian stock-, were mixed, with shares in Bombay staging u late rallv on speculation the nation's market regulator would soon scrap an unpopular trading svstcm it imposed in March, analysts said. The Bomha\ stock exchange index rose 22.77 points, or 0.63 per cent, to 3.623.25. Ihe national index
        75 words
      • Article
        Untitled
        306 26 Seoul Ma% 4 WoimINI) \nkuk IllMtUIKv !uillli -MIlNl \«*J < i-flViil M4iNl uikh Kiik Vutt i*«*ii» B t'ik < H IK* In INIM MII H I'llviii 4 W«NI .|M«I IV-> k»4> Ml INI Mil RviklVni |<4Ui -*«i < hell Vntho lal nnhni ->MII IhHlU kill! I>.liu W« INI 4 INI
        306 words
    • WORLD STOCK MARKETS
      • Article
        London
        623 26 35.5 STOCKS rose, ending a four-day run of declines, as British Petroleum Co pic reported better-than-expected first- quarter earnings and bonds gained. The FT-SF 1(K) Index of leading British stocks rose 35.5 to 3.106.0. its biggest one-day rise since April 15. led by BP. Shell Transport Trading Co pic
        623 words
      • Article
        Paris
        114 26 +21.05 French stocks rose after the Bank of France said it trimmed its money market intervention rate, a leading interest rate, by 10 basis points to 5.6 per cent. Ihe CAC-40 Index of leading French stocks climbed 21.05 points to 2.162.62. pulled higher by shares of petroleum company Total
        114 words
      • Article
        Stockholm
        103 26 12.11 Swedish shares closed higher, bolstered by corporate earnings news that indicated many companies are emerging strongly from last year's economic recession. The Swedish central bank's unexpected rate cut announced yesterday morning supported prices initiallv. traders said. Ihe OVIX Index of 30 leading stocks rose 12.11 points to 1.16
        103 words
      • Article
        Frankfurt
        158 26 -13.18 German stocks closed the official trading session down but oIT the day's lows amid a rebound in bonds and indications of a steady economic recovery. The DAX index of 3(1 leading German shares closed at 2.235.X4 points. 13. IX below Wednesday's close. The index fell as low as
        158 words
      • Article
        Milan
        114 26 +95 Italian stocks rebounded, breaking three straight days of declines. Traders said a report showing a gain in Hal SpA's share of the car market sparked the higher stocks. The Milan market's Mibtel Index rose 0.8 per cent or 95 points to 12.422. Fiat shares led the market higher,
        114 words
      • Article
        Brussels
        141 26 -6.22 Belgian stocks fell as demand for several blue chips declined after the companies paid their dividends on 1993 earnings, traders said. I he Bcl-20 index of blue chip stocks dropped 6.22 points, or 0.4 per cent, to 1.533.95. Generale de Banque SA. Gevaert SA. Banque Bruxclles Lambert SA
        141 words
      • Article
        Amsterdam
        223 26 -1.01 Dutch stocks closed lower amid political uncertainty after Tuesday's parliamentary elections stripped the two coalition parties of their majority. Selling was mostly done by foreign investors who are shying away from the Dutch market now that the main political parties in the Netherlands have started the process of
        223 words
      • Article
        Zurich
        211 26 -23.4 Swiss shares fell as foreign investors sold bank and pharmaceutical stocks amid concern that interest rates will rise. I lie Swiss Market Index of 22 major stocks lost 23.4 points to close at 2.6X2.2. as 16 stocks fell, three were steady and three advanced. Ihe SMI is at
        211 words
      • Article
        Johannesburg
        236 26 -29 Shares closed weaker on nervous political sentiment and a lack of other fresh influencing factors, but some bargain-hunting bv lo- cal buyers saw selected shares came off the day's lows, dealers said. Ihe industrial index ended 29 points off at 6.345 and gold index 40 points down at
        236 words
      • Article
        Toronto
        310 26 -8.72 Toronto stocks drifted downwards at midday yesterday in sluggish trade as the market awaited the Ontario budget yesterday afternoon. "It's boring, sitting on its hands, waiting for the Pink Floyd." said one trader. The TSL 300 composite index was down H. 72 points at 4.260.41 in volume of
        310 words
      • Article
        New York
        692 26 8.93 Blue-chip stocks were slightly higher at midsession yesterday. buoyed bv gains in economically sensitive cyclical stocks. I lie Dow Jones Industrial Average rose 8.93 points to 3.706.6 X at I pm l:D I. In the broader market. advancing issues led declines bv a small margin on trading
        692 words
      • Article
        Untitled
        631 26 Britannia Funds Sterling jnIi Hid (Mlcr \lnn < .ip l**4im vm Mini Icimtn (nh I'N' Mini M.l\ IlKtlMC 1 <MNNI I SN C ash I IK* Mill* |Mu> tlll«l |lt <!*(■! ,l» *H«» l*s s Kovnc I nil*I ZMnt < >«m Sterling tqiiil\ I mi«» IViI**1111.****** 4**2 41^ lii IJM
        631 words
    • Article, Illustration
      Lock icon HONGKONG
      3110 27 Bloomberg Business News HONGKONG Stocks rebounded yesterday as some investors bid up shares of real estate stocks and other companies with low prices relative to projected earnings, traders said. The Hang Seng Index of 33 leading stocks closed at 8,412.88, up 43.44 points, or 0.52 per cent. On Wednesday
      Bloomberg Business News; Source: Bridge Info  -  3,110 words
    • Article, Illustration
      CHINA
      527 27 YESTERDAY saw heavy selling in the A markets. The CLSA Shanghai A index lost 170.76 points to 3,265.84 while the Shenzhen A index dropped 39.64 points to 1,169.52. The two markets were troubled by unsubstantiated rumours over the health of Deng Xiaoping. The negative sentiment did not extend to
      527 words
    • Article, Illustration
      Lock icon JAKARTA
      1150 27 Bloomberg Business News JAKARTA Indonesian stocks were little changed yesterday amid strong corporate earnings and concern for higher interest rates. The Jakarta Stock Exchange Composite Index, which tracks all stocks, fell 0.09 point to 462.55. The GT-DBS 50 index, which tracks 50 top stocks, rose 0.46 point to 107.90.
      Bloomberg Business News; Source: Bridge Info  -  1,150 words
    • Article
      CLOB INTERNATIONAL
      2888 28 MOST ACTIVE volume f M B 50k. 5 \lulphj lull MX. S (W>4 (»ii) ldn>>H\d5<X 4X04IU) kjniunting 54V 4JSIM) l'ixnK1 Z42MD Bcnaya IikI 1 1 7 h 04K( Muhl-l'uipo-sc l.<N*.MN> Lko HIK TSK>>7 Kcnong Bhd SOc I 1 InnovcM Bhd I.Ml INK) VMDB MV. I wmmio Johun Hldgs
      2,888 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Share prices ease as uncertainty sets in
        6163 28 Bernama KUALA LUMPUR Share prices here closed lower yesterday, led by falls in indexlinked issues, as investor sentiment remained weak amid uncertainty in the market's nearterm direction. The benchmark Composite Index came within striking distance of falling below the 1.000 mark. The 85-stock
        Bernama; Source: Bridge Info  -  6,163 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7605 29 I MAIN BOARD Transaction date: May 5 j Gr C.r IWt I JIM \ol [>a\ Last Quote Hit Die Id Net M ap High loo (oinpanc Sal* ('OOUI High l.o» Bun Viler S Or S P'F. Mnil INDUSTRIAL AND COMMERCIAL 1350 206 I s Vma 935 cd -5 31 940
        7,605 words
      • Article, Illustration
        Lock icon Share prices weaken further on interest rate fears
        1925 30  -  By R Sivanithy SINGAPORE Prices sank lower for the second day in a row yesterday as the market showed little sign of shrugging off interest rate worries and the weakness in overseas markets. Overnight weakness in the US combined with an absence
        Charts by Bridge Info; Source: Bloomberg  -  1,925 words
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      348 19 NEWS VALUE How today's news might affect your stocks Higher booking, forfeiture fees for new private property (pg I) A setback for property stocks and a dampener on the wider market. Singapore's IPC takes 50.4 pc stake in China electronics group (pg I) Positive for the company, considering the huge
      348 words
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      436 20 THE LAUNCH OF THE NEW LECACY PERFORMANCE PROTECTION Some people think theSubaru legacy Kqually reassuring must he the high grade because of oursuccessful motor •h«' reinforced front ami side protection heritage, to form shell. This M maximum protection. (Ami comfort, as "'m ingoverthe uhiipiitious pot-hole and hump really. holds the
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      479 21 BUSINESS TIMES TOLL-FREE TEL. No 1-BOQ-741-1883 FAX 741-1298 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF DEAN WITTER REYNOLDS (S.E.A.) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50. that the
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      15 21 Dividends table has been held over -<vlk ,:1 .-*'s? O'iAv 9 i *"4 4 v-V
      15 words
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      288 22 Austria €tyle '95 /INGA P O R E 16lh& 17lh, 1994 200 p.m. 6.30 p.m. ANA Hotel Singapore For the 15th consecutive year, leading designers and manufacturers from Austria will present the latest fashion materials and accessories to buyers and agents in South East Asia Please indicate the companies you
      288 words
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      331 22 B Us I N E S S T I MRS TOLL-FREE TEL. NO. 1-BQO-741-1883 FAX: 741-1298 I i i II r™ ma r m I 111 I Malaysian Croup of I I l Companies currently I 111 I employing over 16,000 II I people to support its total pI k
      331 words
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      506 23 _7 an international property tycoon for as little as $10,000. Property is an essential component of any U| y ou won *ke the on ly investor, your, money investment portfolio as it offers attractive long-term I|| f |HW|j jj jjn|l can pooled and invested in a combination of returns and
      506 words
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      207 24 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF T.M.S. SPORTS PTE LTD (Provisional Liquidators Appointed) NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN pursuant to Section 296 of the Companies Act, Chapter 50 that a meeting of the creditors of the abovenamed Company
      207 words
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      524 25 For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 1800-749-2577. BUSINESS TIMES TOLL-FREE TEL No. 1-800-741-1883 FAX 741-1298 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF WANDER FRIESLAND (S)
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      Page 25 Advertisements Column 2
      51 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. v I 737-1166 Make the connectioo through The Straits Times Classified when you're yUK. looking for bargains or looking for f customers. T Just give us CJLTA a call. 737-1::*'
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      131 27 El Primero automatic chronograph movement. on r^ M I Above fc Beyond Pte Ltd 1 Maritime Square *02-101 Expo Gateway Tel *****42. Cortina Watch Centre Pte Lid »oi-36 Raffles City Shopping Centre Tel 3J***** (01-32 Lucky Plaza Tel *****64 Deluxe Eastern Watch Pte Ltd X.; V MI-18/20 Centrepoint Tel *****36.
      131 words
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      37 27 The Bangkok market was closed for a public holiday. high stakes Don't get shortchanged, \§U 1^) for 9 covera e I HSI u you ca° bank oni)>i Financial News. Everyday. Singapore r I 1 Business Times wEonwAsu
      37 words
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      204 28 QUALITY THAT LASTS Ml h m n TtV n i P mEL** Since 1924, and with the same passion for perfection, Caran A an tht symbols of V|| d'Ache has been creatine luxury writing instruments that transcend time. "1 Caran Ache II quality and Hb4 I In our newest collection,
      204 words
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      5 28 CBFfe^slVKTwlEN^"l BTomorrow in Business Times
      5 words
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      42 29 SINGAPORE COMMUTER offers M CORPORATE TRAVEL CARD Special dial-a-cab number for members Consolidated Monthly Statement of Accounts Other Services: Airport Meeting, Airport Transfer, PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday m Business Times mtmorn/tm
      42 words
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      1681 30 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO ANO IN THE MATTER OF MITSUI TRUST FUTURES (S) PTE LTD (IN LIQUIDATION) Extract of the Minutes ot an Extraordinary General Meeting signed by the Representative of Holding Company relating to Proceedings of Subsidiary company pursuant to Section 179(6) of the
      1,681 words
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      Page 30 Advertisements Column 2
      367 30 NOTICE IS HEREBY GIVEN that, I Natarajan s/o Karuppan of Blk 28 Kelantan Road, Singapore 0820 have applied for a Retail Beer Shop Licence in respect of premises at M/S Karthiga Provision Store atßlk2sJalan Berseh Singapore 0820, and that this application will be heard in Court No. 1, Subordinate Courts,
      367 words
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  • Shipping Times
    • Article
      Lock icon OECD, Asian nations hold talks on maritime policy
      376 31 Seatrade Week Newsfront LONDON Delegates of the Organisation for Eeonomic Cooperation and Development(OECD) and so-called dynamic Asian economies met last month in Yokohama to discuss future maritime policy and to set out proposals for a Memorandum of Understanding (MOU) on liberalisation of
      Seatrade Week Newsfront  -  376 words
    • Article
      Lock icon QE2 to offer talks on the arts on two cruises
      161 31 Bloomberg Business News NEW YORK Two of Cunard's Summer 1994 transatlantic crossings on the Queen Elizabeth II will feature an "Arts and Antiques" theme. The July 7 cruise from New York to Southampton and the July 13 crossing from Southampton/Cherbourg
      Bloomberg Business News  -  161 words
    • Article
      Lock icon Portuguese ferry firm to order 4 fast ferries
      166 31 Reuter LISBON Portugal's stateowned ferry company Transtejo Transportes Tejo SA will soon order four new fast passenger ferries for its Lisbon commuter services from shipyards in Britain or the US. a Transtejo spokesman said on Wednesday. Transtejo was evaluating bids by FBN.
      Reuter  -  166 words
    • Article
      Lock icon Stena Sealink faces Chunnel challenge
      421 31 Seatrade Week Newsfront LONDON Stena Sealink, the largest operator of passenger ro-ro ferries between the UK and the continent, has announced that it will continue the Harwich/Zeebrugge 10-lo service, currently operated by British Rail's rail freight distribution subsidiary, when the latter transfers its rail operation
      Seatrade Week Newsfront  -  421 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1089 31 Page Col ABC Containerline 16 4 Accord Group 8 1-3 Ahrcnkiel Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 Antaco Mgmt 17 1/2 APL 5 3-5 Appenship 8 4/5 Arabian Express 15 3 ASCL 5 5 Assist Marine 6 1 Avant Shpg
      1,089 words
    • Article, Illustration
      Lock icon Intermodalism prepares for the future
      541 31 International Transport Journal ATLANTA At the International Intermodal Expo, which took place here last month, delegates expressed satisfaction with the growth of the intermodal industry. Making transport available in the place where the cargo is has fully proved itself, and if the entire transport movement
      International Transport Journal  -  541 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        923 32 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Timber TiadS 80 P04 alongside 06 0b C/00 Batam Indah N116 )1 alongside OS OS 2100 ANNA SA 94 PC8B 06 05 1330 0/0b 0600 Captam George II 118 19 along** 06 0b
        923 words
      • Article
        CONTAINER SCHEDULES
        2128 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookini/Balance Rslts Ship Voy No Etb/Btr Period From To From £71* Si* 0/ o/oo ii oTTwc oTiiw *****0 26 06 1700 06 06)9 06 0900 3 06 0/00 06 1159 06
        2,128 words
    • Article
      THE SHIPPING GUIDE
      10815 40 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. LEGENO PN: ship calls at Penang after
      10,815 words
    • Article, Illustration
      Lock icon North America leads upward trend
      1093 48 The world cruise market is highly segmented, not only with respect to capacity but also to changing geography. Also, different criteria for gauging the market give biased results Seatrade Week Newsfront Worldwide, the number of cruise passengers (excluding one-day cruise) rose from 1.8 million in
      Seatrade Week Newsfront  -  1,093 words
    • Article
      TRANSPORT DIARY
      872 48 COURSES Title: Container Freight Station Management Duration: May 4 Jul 6 •Organiser Port of Singapore Authority Tel: For further details.'registration -contact SPI at 33 -1707/321 -1824/321 -1825 or fax: £21-1416. Management of a Warehousing «ad Distribution Centre "Duration: May 9-13 .Organiser Port of Singapore Authority l'el: For further
      872 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Lufthansa to seek at least 1b marks in rights offer
        705 50 Bloomberg Business News BONN The German government said on Wednesday it will put up cash and guarantees worth 2.65 billion marks (552.51 billion) to cover pension obligations at Deutsche Lufthansa AG, paving the way for a share sale in the
        Bloomberg Business News  -  705 words
      • Article
        Lock icon Southwest flies around flak over booking fees
        471 50 Bloomberg Business News DALLAS In the past week. Southwest Airlines Co has been kicked off two of the nation's largest computer reservation systems. But the expulsions haven't hurt ticket sales, the carrier says. "We haven't missed a beat," spokesman Ed Stewart said. "We're
        Bloomberg Business News  -  471 words
      • Article
        Lock icon We did not cause Pan Am's demise, says Delta in court
        384 50 Bloomberg Business News NEW YORK Delta Air Lines Inc argued in a NewYork eourt on Wednesday that it is being made the "scapegoat" Tor the 1991 demise of Pan Am World Airways. Delta presented its defence during opening statements
        Bloomberg Business News  -  384 words
      • Article
        Lock icon New airport planned in Hainan
        145 50 AFP HONGKONG Overseas funds will be used to build a new international airport in the southern Chinese city of Haikou on Hainan island the country's largest special economic zone, it was reported yesterday. Southern China, including Guangdong province, which borders on Hongkong, is undergoing an
        AFP  -  145 words
      • Article
        Lock icon US-Canadian travel hampered by lack of direct air routes
        470 50 Reuter OTTAWA Travellers between the US and Canada are often surprised by the lack of direct flights between some of their largest cities, but talks to clear the way for more open skies have remained grounded. High-level government-to-government talks started in
        Reuter  -  470 words
      • LOG BOOK
        • Article
          Lock icon Flights to Johannesburg to start
          68 50 Reuter ACCRA State-owned Ghana Airways will begin weekly flights to Johannesburg from tomorrow. A company statement on Wednesday said flights to Zimbabwe, inaugurated in 1989. had proved successful and South Africa was a logical addition to its network. The statement did not link the timing
          Reuter  -  68 words
        • Article
          Lock icon Greenpeace leaves N Korean waters
          82 50 AFP ABOARD the Greenpeace Greenpeace, with its crew of 23 environmentalists, entered the Vladivostok shipping channel at dawn on Wednesday after launching a dramatic appeal for peace off the North Korean coast. The converted ocean-going tug made the crossing in stormy weather after 30 hours
          AFP  -  82 words
        • Article
          Lock icon India's tyre output up 12pc
          90 50 Reuter NEW DELHI India's tyre production rose 12 per cent in the year to March 1994. the Automotive Tyre Manufacturers' Association said on Wednesday. Indian tyre companies had produced 22.28 million tyres in i 993/94 against 19.95 million tyres in 1992/93. The association's secretary-general. Ravindran.
          Reuter  -  90 words
        • Article
          Lock icon Railway issues two trillion lire bond
          112 50 Reuter MILAN Italian state railway Eerrovie dello Stato has launched an eight-year bond for two trillion lire on the domestic market. Crediop. which is arranging the operation, on Tuesday said the bond which has a May 17. 1994 issue date will yield quarterly interest
          Reuter  -  112 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1772 50 City ggg ETA g|> ETD_ Otjf FVM ETA Fight |TD_ Abu Dhatx GA976 0010 EK78 2125 SQ418 1300 GA928 2140 SU560 2150 GA970 2155 BI95 2245 Adelaide QF81 1925 Qf82 2055 Frankfurt SQ25 0645 GA970 2155 SQ227 2230 LH772 1555 SQ326 2230 Amsterdam KL837 1450 GA976
        1,772 words
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      71 31 THE SPECIA LIST IN Jt»J> WIRE ROPE SLINGS fc LASHING jA 'TESTING yk MATERIALS LIFTING tflv GEARS MINTERMARINE SUPPLY CO. (PTE) UD N0.7, Bukit Batok Street 22, Singapore 2365. Tel: 563 3488 Fax: 563 6811 World cruise market, Pg 18 to make rights offer, Back page Lines and services represented
      71 words
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      131 31 toe FAMOUS Kik/JM'Jk ■imil.'H 224 1833 For more information please refer to Pg. 13 Recently We Introduced A New Innovation In Shipping. Water. MB The Innovation: All-Water route from Southeast Asia via the Suez Canal to the Port of New York* New Jersey. Cost-effective alternative to trans-Pacific route. Eliminates need
      131 words
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      445 32 TSKLINE AGENCIES (S) PTE. LTD. /mmA r I 1 "W YWTC Ta,: 226 3363 1 U lM H Fax: 226-1972/3 lj|tAr7 W—W W Tlx: RS *****/TSKSIN. qgggg? TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 1 EXPORTS TO MS IB IMI 1 'HWAWAI 0418 04 06 *06 05 0€ 05
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      1643 32 HH*CT T <? W« *M T ?9*« T CM>T9f«HMi PWjlll I to ia«t mßtrmmuimAM rnju. COKTAWM WRVCTI JOB. >T» I U_ m» «a _ML_ loarai ewe wr mco wna wr no rrm d**tt» nucus* bimw numom* ar pt w kwt* uhnw torn iMt NEPTUNE CTPRWE VOBE 111? 51 29 5
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      2431 33 > w OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES A Sftcl™,? l TEL' *****13 FAX *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) P£N A N<? T f^^\ 4 l-fw X 6^? 1 CFS TEL *****6 BOOKINGS TEL *****80 *****81/ *****82 ?c C,^0,0/Vcf3t,*•>,,. .odmc, CUSTOMER SVC
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      2631 33 par'.HiHH'L'a MAEBSK EXPRESS SERVICE TO PERU/CHILE/BOLIVIA NEXT SAILING LUNA MAERSK V.9410 ETA SIN 11TH MAY 1994 Vesstf Voy ETA ETD Feedered by S ItT« A DESTINATIONS Ttl.s MADISON MAERSK V 9406 I H 10 05 0800 mrs CfS —09 05 2359 MRS JOM LPK PEN OAK LG6 SFO MEM ATL
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      1715 34 AOABA R DAM/ LF ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA STUTTGART EXPRESS 03/317 7/5 16/5 231'5 25/5 28/5 30/5 1/6 Poft Kelang, Penang KAGA 35/118 11/5 28/5 31/5 29/5 Pastr Gudang DRESDEN EXPRESS '6/318 14 5 23/5
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      657 34 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghuodi. Islamqala (Doqharun) C.1.5./RUSSIA: Vostochny, Vladivostok, Moscow, I Baku, Tashkent, Irkutsk, Alma Ala. Ashgabad. Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Africa V.2134 10/5 09/6 Bunga Pelangi V.2144
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      1477 34 I NOR ASIA NORASIA Al MUNI A/AH 9418 3 11/05 01/06 04/06 05/06 06/06 07/06 08/06 09/06 10/06 10/06 NORASIA SAMANTHA 9419 3 18/05 08/06 11/06 12/06 13/06 14/06 15/06 16/06 17/06 17/06 I NORASIA SUSAN 9420 3 25/05 15/06 18/06 19/06 20/06 21/06 22/06 23/06 24/06 24/06 NORASIA SINGA
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      1927 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 > new guinea pacific line cWBw (a service of china navigation co> CARGO DOt SAKS STRAITS PRICE ¥07E Mura. Lib. KK 07 tO9 May 10 Ma; 11 May FCL. LCL CONTAINER AND
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      3343 35 SINGAPORE AGENT: PJvtl I Aflto -a p& Containers (Singapore Agencies) Pte Ltd A m,y/ M. M lyl 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel 225 2233 Tele* RS ***** PNOCSP Fax 225 5327/222 7517 fT- CR Number: **********0Z EXPORT IMPORT vessel vo* png-pko sin sou ant
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      638 36 ifA EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE HQ CHI MINH CITY PASER IhANPPHONE/PIHECT J H£WRY HOE *****24 7;7M»/»4'W KEWVIN ChAN _*****Z5 MAWQJ 21IM» l»ma m TO VIETNAM/HCMC CONTAINER-FEEDER SERVICE CENTER-POINT y urn y lines E EI WW ETO S fOUt YOT ~tT* HCMC
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      1949 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FOR VSL nSTILI* HAUL SI IN W n* *a I SN IUK HAUL SAV IM NYC HANJIN FELIXSTOWE 021E 6 i DIRECT 26/5 27/5 21/5 HANJW FELIISTOW 021E 6 5 H SAVANNAH 04X S/t 10/S 12/«
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      Page 36 Advertisements Column 3
      1345 36 j -j. T Iru i» wc iu m m o» k< au ito tu c« u mc lm» mi w nr tec pic cm hump I GUMI K 051 9/5 U/5 U S 115 20/5 21/5 24 5 25/5 5 27/5 215 l/S 21 6 23 6 24 4/7 5/7
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      2742 37 II II sex:'NEPTUNE CYPRINEOBE'eta sqp 11/05/94 II II jgjgj II ARRIVING LOS ANGELES 30/05/94 IN 16 DAYS HI II II AEX CALIFORNIA ZEUS 55E' ETA SGP 12/05/94 II II II ARRIVING NEW YORK 04/06/94 IN 23 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US GULF MIDWEST
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      Page 37 Advertisements Column 2
      1247 37 a MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64. *****51, *****31, *****13 > BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 i^ v ,4k BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 J MARINE INSURANCE: *****87 INVENTORY:
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      1557 38 Ktfc w M AS AGENTS "K" LIME (SINGAPORE) PTE LTD (CR NO: 1244J*****0M/GSI REG NO: M 2-*****99 6) TEL: *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 I T ■WT Kp MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD ITEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T.
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      Page 38 Advertisements Column 2
      800 38 ®APPENSHIP /2\ HAMBURG VTvy CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING POUTS DISCHARGE/LOADING FOR PAKHOM MAKARENKO HAM 10/04 SPORE 21/05 ECUADOR HAM 27/04 SPORE 16/06 TBN ANTW 28/05 SPORE 04/06 KOALA CONTAINER LINE SPORE FIX HAM RTM LEH CS AUSTRALIA 4605 17/05 11/06
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      428 38 GOLDEN LINE KOt> guan guan shipping ESoi < PTE > LTD 1 23. T«M »r«f SbMt SMGAPOftf 0104 TEL *****41 (10 UHES) fn: *****04 (C* No **********0N) BTRAITB/HRBIAH GULF lIRTICI Spore P Kelang Penang COIOtN SIAO ft«Khi Ouba, Kotmil 14/1 C Miy GOIOEN KM fa'Ktii Outw, Ku»»l ki Port CHINA
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      965 39 (saaflll PACIFIC INTERNATIONAL LINES (PTE) LTD) I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO **********06 VESSEL VOY SIN BKK iIN ua'IAPAHIT Si Ivs 15/5 KOTA SABAS SBI9N 8/5 11/5 15/5 SRIMANEE (THAI FLAG) MNI9N 10/5 13/5 17/5 SRISAMUT (THAI FLAG) SMI9N 11/5 14/5 18/5 I£?i i«/<
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      1008 39 WSSUS VOT SM it HAVRE HAMBURG IHAMIS WOUtWOAM AMIIWRP WIE 01 CMW COJW 04/05 »/0> 24/05 2»/05 30/05 01/04 VKLE DC S4GITTA SO3* 11/05 01/0* 03/04 04/0t 05/0t 07 06 VKIE DAQUBA AO3W H/05 10/06 12/06 13/04 14/06 16/06 VtUE OMYORA HO3W _2Voi_ 17/06 l>/04 20/06 21/06 23/06 •ALSO ACCEPTHG
      1,008 words
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      861 39 BSfl «H|||Ha|lßHp|||9OT^^W M MYANMA liUl* FIVE STAR LINE r (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen PGdf MERGU VI23W OS/12 M*y PAGAN V2O9W In Pt HPA AN V2O2W 10/12 May MALAYSIA AGENTS BOUSTEAO SrtPPING AGENCIS All TEL 03 *****00 PAL TFI 03 *****67 PIN TEL 04 *****5
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      1106 42 /iriCROATIA LINE^\ J (EX JUGOLINIJA) 1 VESSEL SPORE PK PNG LOADING FOB LOSINJ 12 MAY 14 MAY Ale.andna, Beirut. Istanbul. Trieste. Koper, Lattakia. Ltmassol. Merstn. P. Said. Ri|eha. Venice SIOWISJA 25 MAY 28 MAY -do General Agents: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala Lumpur Port Kelanf Penanf kT«t *****55
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      178 42 /Cnohbuu^ I XsZzJr norbulk cargo services ltd. 1 I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES MLAGRO StM In Pt FLU ANT UK AOAMASTOS 10/5 Saied FLU/ANT/NAM/UK I I^^^^^^sT^^PK^LOADlNGFOß^^j NORBULK TBN 15/6 DBN CPT/EL I ALSO LOAOS TG MANI AND KK 2 PK SWK SABAH LOADING FOR NORBULK TEAK 12/5
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      680 43 (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 08/5 ROTTERDAM 09/5 AARHUS/COPENHAGEN 08/5 HAMBURG/BREMEN 08/5 MARSEILLE/FRANCE 10/5 FELIXSTOWE/UK 08/5 BARCELONA/SPAIN 09/5 LEHAVRE/FRANCE 09/5 GENOA/ITALY 09/5 ANTWERP/BELGIUM 09/5 LOS ANGELES/WC/IPI 08/5 SYDNEY/MELBOURNE 09/5 NEW YORK/EC 08/5 FREMANTLE/ADELAIDE 08/5 VANCOUVER 13/5
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      1040 43 EGmHiniilSffllD t? ■■HQIIQZmHH gjjjjjjjjjjjjjjJ VESSEL VOY SN JKT I VES SEL VOY SIN M I ISRA BHUM El! ln R Tu 10/5 <£ DE JA BHUM 4573 Fn In Pt Sat 7/5 BKK BHATRABHUM 28S S* 7/5_ _WS_ KO TA SUMA SRISN Sun «7T Tu. 10/5 M n 9/5 WANABHUM
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      837 43 f NATIONAL EXPRESS FORWARDERS (S) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL: *****86 (6 LINES) FAX: *****58 THE AMERICAN CONNECTION ETD ETD r~l I I /—V ETD ETD SEATTLE 6/5 13/5 |J J NEW YORK 8/5 15/5 OAKLAND 11/5 18/5 WILMINGTON 11/5 18/5 LONG BEACH
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      1871 44 ■L4BMN CONTAINER LINES, INC I-NS/X-HAgents: MAC-NELS SPORE: *****22 (24 LINES) \ZJ\y t C m No: **********0 C SIBU (084) *****9 KUCHING (082) *****3 PENANG: (04) *****8 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK
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      207 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ll* [ID lIA VOM rati HUANG PffMNG BIUI IMX 2» b loaArii lot Mdk RUVM HUOHU 19 S Discharging and loading tor Bombay MXPNN SAHtO loading foi Mafc nONUR SUPMMI Si 1/4 loading for Mat; UMKEDH 11/4 loading Foe Malo PROGKSS I
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      1113 44 JL THONG SOON LINES PTE LTD J I 78 SHENTON WAY #10-01, SINGAPORE 0207 I \J \y TEL: 227-5088 FAX: 227-6011 -1; I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I I k. Wwwr4r'4• SINGAPORE TO SARAWAK VESSEL VOY SPORE PEST VESSEL VOY ISPORE [PEST v EQUATOR ROYAL
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      662 45 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ICCfFTMG BttUBUK SOC CMfiOfS TO/FROM K0«. YOKOHAMA. NA6OYA. IDA. TOKYO*. MAM.A' MVW Pen ant* P. Ketanj Srppore E'Msia* KRRABKVERETT VI7E 25/26 May Everett V9E 16/17 iun u/19 Jun AIEVERETT V2IE 25/26 Jim 27/28 Jun ACCEPTING BttAKBUM FCL SOC CARGOES TO/FROM CUTTAGONG CALCUTTA WD
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      239 45 131 CLORY NAVIGATION CROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 24/5 1/6 7/6 16/6 GLORY SELATAN VIII 18/5 20/5 26/5 SP PKL HCM HK K.W GLORY SELATAN VI 15/5 ACCEPTING HEAVY
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      471 45 EGYPTIAN NAVIGATION P COMPANY ALEXANDRIA (EGYPTIAN GOVERNMENT LINE) EAST MED/WED SEA CONVENTIONAL SCRYICt KSSEL «OT SPORE LOMWS FOR p*c»ic m*»*s u/i pi suu pi mo urn mso accepi east MinKnwM rain on mucimni jdbC PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE vessel voy sm UMW MAKRAN 147HW 11/05 21/05
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      1038 45 iiiuHsiiiyjuiLAai FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS VI HE 98 I I OS 24/05 25/ OS 27/ OS 12/06 SHUN HE/103 26/05 09/0S 10, 06 12/06 27/06 TAO HE/84 ll /oe 24 06 25/06 27/06 12/07 JIAN HE 84 26/06
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      814 46 PHILI OttlfNT UN€S PT€ LTP 1 08 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P- Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0H^ J®V 5755 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 12 MAY SYDNEY, MELBOURNE, BRISBANE. FREMANTLE 8
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      417 46 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 08 MAY (Accepting to all N*w Zealand porta) PENANG 13 MAY JAKARTA 08 MAY PORT KLANG 13 MAY BANGKOK 08 MAY MANILA 08 MAY SURABAYA 10 MAY MELBOURNE 12 MAY SYDNEY 12 MAY FREMANTLE 10 MAY BRISBANE 12 MAY ADELAIDE 13 MAY
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      383 46 Next Week's Sailings Singapore I T 7 FIRST FORWARDER I.N lo: k»D lo: LID asia awarded Singapore Singapore ISO 9002 BV LRQA EVERY EVERY Bangkok SUN Jakarta SUN dD EVERY EVERY /^^\IT~M Manila SUN Ho Chi Minh FRI 'IUI §1 EVERY EVERY I .Si Colombo TUE I.imassol THUR I l|
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      21 46 Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SJL GST CMT Liner Express Agencies Pte Ltd Hot Line: 22-007-22
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      1597 47 ISEAMAR ARGENTINALINE^^I CONTAINERISED "HUB" SERVICE I DIRECT TO ARGENTINA/BRAZIL URUGUAY V WESTBOUND BASE PORTS VIA BUENOS AIRES VIA SANTOS VESSELS VOY SPORE B.AIRES SANTOS USHUAIA MVIDEO ASUNCION R.DE JANEIRO PAR ANA QUA GREAT UNIVERSE Wl 14/05 12/06 16/06 14/06 15/06 19/06 20/06 OESTINO* Wl 07/06 02/07 13/07 07/07 04/07 05/07
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      360 47 figs CEYLON SHIPPING CORPN Notional Line of Sri Lanka CONTAINERIStD SERVICE TO I K AND NORTH CONTINENTAL in>RTS ttSStL WT SI CBO HW RDM »W1 Ti«MtS "TilT" NOMSK WWICtSS 9416 3 21 04 0 3 05 St» Wttfl 417W 05 05 M 05 NCMSM *L MUHUZ ***** II 05 18,
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      540 47 LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.36 VESSELS VOY BKfNOS AWES MONTEVIDEO (MJRBAN JAKARTA SINGAPORE HONG KONG KAMMMA NAGOTA PRIMORSK EBO9 SAILED SAILED SAILED SAILED IN PORT I 06 09 05 PAVLOORAO EBIO 28/03 11/04 SAILED SAILED Z Z PETRODVORETS EBII SAILED SAILED 09/05 22 24 OS 04 06 08 10/08
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      484 48 ammsmssmm WORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR ATLANTIC 9418N 06/05 (FRO 11/05 (WED) 9401N 10/05 (TUE) 14/05 (SAT) 1 TWO SAIINGS WEEKLY VIGOUR PACIFIC 9419N 13/05 (FRI) 18/05 (WED) FWDAY AND TI SOAV -_PERMOVAISK 9401N 17/05 (TUE) T 21/05 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL
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      661 48 TODAY'S TIDES (height in metres) JR 1 6 1.4 1.3 1.2 1.2 1.4 1.7 20 2.2 2.3 2.2 19 1.5 1.2 1.0 09 09 10 1.4 IS 2.2 2.4 2.4 2.2 PP 16 1.3 1.2 1.1 1.2 1.4 1.7 2.0 2.2 2.3 2.2 2.0 16 1.2 1.0 08 08 10
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      835 49 A, HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 |PNA* PKE* PGP* VESSELS VOY SIN RTM ANT* LEH* HAM BftEl FEL 04/05 06/05 07/05 H. COMMANDER 309** 09/05 27/05 28/05 30/05 21/05 28/05 31/05 11/05 13/05 14/05 SI MARINER 310W 16/05 03/06 04/06 06/06 04/06 04/06 07/06 18/05
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      469 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nssu 5f S «uc u mm Htßu 13 us 12 ORtNCt »Y Vl9 29 S 30 5 2/1 4/1 TAIMMC (IMS 111 12 S 14/S OUTBOUND VESSELS LOAPIWC FOR SENBQKO WACOYA SEKI NAGOYA VSI PK 10 5 LOADING FOR
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      937 49 JEDDAH/UK/CONTINENT STORE ItD S TON KBIRG ADAM lEH Abo Acccptnf C«j. fm STUTTGAAT EXPRESS 03/317 7/5 14/5 25/5 21/5 30/5 1/4 SouUunvlon to j| UK destrabon. BcHnt and Out* KAGA 35/114 U/5 21/5 31/5 2/4 Rolttfdjm Id il Antwerp. Amslerdan. Oslo Hefcriu ORfSSOEN EXPRESS 14/311 14/5 23/5 1/4 4/4 4/4
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      162 50 ;`)_.@`?[@&&('/@^:^?`+<}<?`|;>{ NOTICE I NOBLE RESOURCES GROUP LIMITED Noble Resources Group Limited and its subsidiaries (the "Noble Group") wish to clarify certain aspects of the relationship of the Noble Group with Gemstar, a private company incorporated in Singapore which is engaged in the shipping industry. The Noble Group has not at
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      0 50 _-`_,(,{!|<^'@-'[_`*(`>?,:[_'$]
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