The Business Times, 25 May 1995

Microfilm: NL19983
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    12 1 SINGAPORE BusinessTimes WE KNOW ASla^- MITA(P) 194/12/94 Thursday May 25 1995 85*
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  • LATE
    • Article
      Lock icon Dow up 5.18 points
      47 1 Reuter NEW YORK US stocks were firm but off their highs in afternoon trade yesterday as some investors took profits and others took advantage of dips to buy, analysts said. At 2 pm, the Dow Jones index was up 5.18 points at 4,441.62.
      Reuter  -  47 words
    • Article
      Lock icon US, UK agree on aviation talks
      50 1 Reuter WASHINGTON Transportation Secretary Federico Pena said yesterday Britain has generally agreed to an agenda for a "mini-deal" to end some bilateral aviation curbs and to open fresh talks towards further liberalisation. Mr Pena was speaking before the Senate Commerce Subcommittee on Aviation. Reuter
      Reuter  -  50 words
  • Article
    MARKET SUMMARY
    169 1 Stock market indices Wednesday Change STI! 2,172.69 -8.39 KLSEComp 1,026.75 +1.84 Nikkei 15,970.75 +54.60 HaniSeng 9,258.18 -44.68 SET Index 1,376.36 +46.29 Jakarta Comp 474.66 +3.89 Manila Comp 2,798.95 +50.62 Taipei WPI 5,645.71 -59.32 Seoul Comp 848.63 -8.26 Bombay BSE30 .3,229.46 -20.63 CLSA China B 775.15 -20.63 Aust All
    169 words
  • Article
    KL unveils package to fight inflation
    452 1  -  From Ruth Wong in KUALA LUMPUR MALAYSIA yesterday unveiled an anti-inflationary package covering items such as food, cement and cars, the first in a series of packages to be announced over the next two months. The measures revealed by Deputy Prime Minister Anwar Ibrahim
    452 words
  • Article
    M'sian financial sector posts 64% rise in earnings
    595 1  -  By William Chia SINGAPORE The strong demand for financing from Malaysia's mega infrastructure projects and the burgeoning middle-class enabled the financial sector to increase earnings by 64 per cent to M 54.21 billion (552.4 billion) last year from M 52.57 billion previously.
    595 words
  • Article
    Regional bourses close mixed
    228 1  -  By R Sivanithy SINGAPORE Despite an overnight surge on Wall Street, regional stock markets closed mixed yesterday, with the Singapore and Malaysian markets falling prey to rumours of cred-it-tightening measures in Malaysia. The Straits Times Industrials Index fell 8.39 points to 2,172.69, off its low for
    228 words
  • Article
    Balestier Medical in M$275m Johor hospital, condo project
    396 1  -  By Michelle Low SINGAPORE Balestier Medical Centre has tied up with Malaysian partners to build and manage a M 5275 million (S$ 155 million) hospital and apartment complex in Johor and plans eventually to develop a chain of Malaysian hospitals. Balestier is
    396 words
  • Article
    Outgoing Thai govt scraps Bangkok Land's train project
    528 1  -  From Loh Hui Yin in BANGKOK DEVELOPER Bangkok Land's 40 billion baht (552.25 billion) electric train project has been scrapped by the outgoing Chuan government. The decision, taken at a cabinet meeting on Tuesday, is the latest black spot in Thailand's patchy
    528 words
  • Article
    Lock icon Philippines working to restore foil ties with S'pore: Ramos
    232 1 AFP MANILA President Fidel Ramos said yesterday the Philippines was working to restore full diplomatic relations with Singapore, damaged by the hanging of a Filipina maid in Singapore. Asked about restoring ties, Mr Ramos told AFP: "We are working on it."
    AFP  -  232 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Finance firms' loan growth slows
        290 2  -  By Shiv Taneja GROWTH in lending by finance companies has slowed down, largely on account of credit curbs imposed by the Monetary Authority of Singapore. According to the latest data from the MAS, year-on-year loans growth of finance companies slowed to 20.63 per cent to
        Source: MAS  -  290 words
    • Article
      Government takes first step to privatise HUDC estates
      383 2  -  By Abdul Hadhi A LAND Titles (Strata) (Amendment) Bill will be introduced in Parliament today as a first step towards privatising HUDC estates. At a briefing yesterday. Minister for National Development Lim Hng Kiang said the Bill aimed at providing a legal
      383 words
    • Article, Illustration
      Lock icon Bee Hwa Court units expected to draw strong interest at auction today
      396 2 THREE freehold apartment units at the 24-unit Bee Hwa Court that will be up for sale at an auction today are expected to generate strong interest because of the site's anticipated redevelopment potential. Bee Hwa Court sits on
      Photo by Arthur Lee  -  396 words
    • Article
      Chemical maker Uniroyal to build technical support centre here
      357 2 SPECIALITY chemicals maker Uniroyal Chemical will build a technical support centre in Singapore while preparing to make new manufacturing investments in China and India. Company officials yesterday said Uniroyal would double investment in the Asia Pacific to US$l5O million (Ss2o9 million)
      357 words
    • Article
      TDB, NCB propose multimedia grouping to boost industry further
      268 2 THE Trade Development Board and the National Computer Board have proposed setting up a Multimedia Interactive Group (Mig) to boost Singapore's position in the booming multimedia market. The group will comprise private companies involved in the multimedia industry such as hardware
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    • Article
      Three statutory boards to develop multimedia network for S'pore
      266 2  -  By Genevieve Cua SINGAPOREANS seeking advice from a government office may soon be able to hold an interactive discussion with the office through a voice, video and data exchange. Communications Minister Mah Bow Tan said yesterday three statutory boards were looking
      266 words
    • Article
      Japanese tour operators team up to sell S'pore
      284 2 JAPANESE inbound tour operators in Singapore have banded together to share information and boost their market. They have formed a subcommittee under the umbrella of the Inbound Committee of the National Association of Travel Agents Singapore (Natas). The chairman of the eightmember
      284 words
    • NEWSROUNDUP
      • Article
        Prof Jayakumar to visit Laos
        71 2 FOREIGN Affairs and Law Minister S Jayakumar will make an official visit to Laos from tomorrow to Sunday. The Ministry of Foreign Affairs said yesterday that Prof Jayakumar will be a guest of the Laotian Foreign Minister, Somsavath Lengsavad. He will hold talks with Mr
        71 words
      • Article
        Income fitness centre for Kim Seng CC
        60 2 THE NTUC Income Insurance Co-operative is setting up a fitness centre at the Kim Seng Community Centre at a cost of $75,000. The fitness centre, which will include 16 different types of exercise equipment, is expected to be operational in July, 1995. Membership
        60 words
      • Article
        Rotary raises funds with farecard
        78 2 TO MARK 90 years of its service to the local community, the Rotary Club of Singapore yesterday launched a commemorative Transit Link farecard. Proceeds from the sale of the farecards will go to skills training programmes in Singapore, Vietnam and Cambodia. In Singapore, rehabilitated drug
        78 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      108 2 HitjESl'jMP I jmSV Sole Agent: 1 stroll. BEEMEL TIME (S) PTE LTD Te1:*****27 0 lines) Fax:*****21 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. KSnessßnjg The Discussion or Conference System >GCS 400 efficient sound For more information on Philips CCS
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      Page 2 Advertisements Column 2
      118 2 UNIVERSITY OF msmty IRSIWBS admmstratioh Macarthur MBA. (International Business) STRUCTURE |SH9h 18-moiuh programme IyH&K •'Executive Training Series" workshops to enhance participants' I professional image B Conducted by the University's faculty, complemented by local academics Class size is limited to 20 candidates per class tSfITERNATIONAL FOCUS Syllabus covers political, cultural and
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  • SOUTH-EAST ASIA
    • Article
      Lock icon SE Asian bankers call for measures to avoid Mexico-like crisis
      398 3 Reuter MANILA South-east Asian countries, whose economies have benefited enormously from an influx of international capital in the past decade, are now worried about the risk of a sudden and massive withdrawal of funds. Asia-Pacific monetary officials have called for
      Reuter  -  398 words
    • Article
      Lock icon Mixed reviews for Jakarta's deregulation package
      228 3 Reuter JAKARTA Indonesia's latest economic deregulation package shows it is serious about free trade but fails to address several key issues contributing to the nation's highcost economy, economists said yesterday. Some said parts of the package, which focused on phased tariff cuts on 6,030
      Reuter  -  228 words
    • Article
      Lock icon Chart Thai denies spending 1.5b baht to buy candidates
      108 3 Reuter BANGKOK The leader of the Thai opposition, one of the front-runners in a July 2 general election, has denied spending as much as I.S billion baht (SsB3 million) to buy candidates to run for his party. Banharn Silapa-archa, leader of
      Reuter  -  108 words
    • Article
      Asia-Pacific growth likely to ease to 4% next year
      497 3  -  PECC Economic Outlook report By Chuang Peck Ming SINGAPORE Economic growth in the Asia-Pacific region is likely to ease from 4.1 per cent this year to 4 per cent next year, says the Pacific Economic Cooperation Council (PECC). "The outlook for
      497 words
    • Article, Illustration
      Lock icon Doggie detective
      44 3 Reuter MANILA A K-9 dog sniffing the luggage of departing passengers at the Manila airport yesterday. The authorities there are on the alert for a pew type of liquid bomb which intelligence reports say may be used against American commercial planes. Reuter
      Reuter  -  44 words
    • Article
      Lock icon Manila's IPO boom fails to stem issue of debt paper
      323 3 Reuter MANILA The economic growth has led to an explosion in corporate domestic debt, with approvals for new issues in the first four months of this year surpassing the total for the whole of last year. Figures from the Philippine
      Reuter  -  323 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      174 3 RATES so mm A A M Kml Ijh With the new, low rates from Speedpost, you don't have to be afraid of enormous around; just scurry over to your nearest post office and ask for Speedpost! courier bills anymore. That's because we've achieved lower costs from our increased Call us
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  • CHINA/HONGKONG/TAIWAN
    • CHINAWATCH
      • Article
        Lock icon HK HQ for China's department store
        102 4 AFP HONGKONG China's largest department store chain has decided to set up its headquarters in Hongkong to promote the sales of overseas consumer goods in the mainland and Chinese goods abroad, it was reported yesterday. The China Department Store Chain (Group) Company is setting
        AFP  -  102 words
      • Article
        Lock icon Vacant property hits 33 million sq m
        88 4 Bloomberg Business News HONGKONG China's vacant real estate has reached 32.9 million sq m, according to recently published official statistics, the Ming Pao Daily News reported yesterday. This figure is equivalent to 9.9 per cent of all the apartments, office towers and other
        Bloomberg Business News  -  88 words
      • Article
        Lock icon Taipei sets up top Spratlys panel
        109 4 Reuter TAIPEI Taiwan will set up a high-level inter-ministerial committee to handle any future crises in the disputed Spratly Islands, an Interior Ministry spokesman said. "This committee will have more authority to handle a major crisis in the Spratlys," the spokesman said by telephone.
        Reuter  -  109 words
      • Article
        Lock icon Beijing police arrest 13th activist
        127 4 AFP BEIJING A veteran pro-democracy activist, Sha Yuguang, was arrested late on Tuesday by Beijing police, becoming the 13th dissident to be targeted by the authorities ahead of the anniversary of the Tiananmen Square massacre, a human rights group said yesterday. In a parallel move,
        AFP  -  127 words
    • Article
      Lock icon Smokers' health bill stubs out China tobacco industry gains
      200 4 AFP BEIJING China's tobacco industry, which had a record turnover of 55 billion yuan (559.29 billion) in 1994, costs more than it earns the state because of the huge health bill run up by smokers, Xinhua news agency said yesterday. China
      AFP  -  200 words
    • Article
      Lock icon Losses at China's state-run enterprises hit 29.7b yuan
      370 4 AFP BEIJING Operating losses of China's enterprises hit 29.7 billion yuan (554.9 billion) at the end of March, reports said yesterday as President Jiang Zemin urged efforts to revive the troubled state sector. The losses in the first quarter were 0.6 percentage
      AFP  -  370 words
    • Article, Illustration
      Lock icon Airport gradually taking off
      63 4 Reuter HONGKONG Construction labourers at Hongkong's new airport site in Chep Up Kok at work yesterday on the airport terminal, one of the world's largest construction projects. In the background, the airport's control tower is beginning to take shape. The construction of the 1.2 km-long terminal
      Reuter  -  63 words
    • Article
      Lock icon Shanghai police set up Interpol office
      244 4 Reuter SHANGHAI Shanghai police yesterday opened an Interpol liaison office to combat a rising tide of drug smuggling and international crime. Foreign, triads and international criminal gangs were making Shanghai an important target, as a result of the city's international influence increasing day by
      Reuter  -  244 words
    • Article
      Lock icon Beijing orders high-level officials to declare income
      302 4 AFP BEIJING China yesterday ordered officials at or above county level to declare all forms of income to higher authorities in a new bid to tackle corruption and promote clean government, reports said. The party central committee and the State Council issued a
      AFP  -  302 words
    • Article
      Lock icon China urges US to withdraw textile quota cuts
      274 4 AFP BEIJING China has urged the United States to withdraw its decision to reduce quotas on Chinese textile imports, saying mainland companies were not to blame for illegal transhipments, a report said yesterday. "We have conducted earnest investigation of the cases submitted
      AFP  -  274 words
    • Article
      Lock icon Beijing cancels US trips over visa for Lee Teng-hui
      294 4 Bloomberg Business News BEIJING China has cancelled a planned official visit to the United States and ended one already under way in response to Washington's decision to grant a visa to Taiwan's President Lee Teng-hui. State Councillor Li Guixian, who handles
      Bloomberg Business News  -  294 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      61 4 TOLL-FREE TEL. No. 1-800-741-1883 FAX.74I-1298 This announcement appears as a matter of record only. May 1995 CHO HUNG BANK (incorporated with limited liability under the laws of the Republic of Korea) U. 5.5100,000,000 Floating Rate Notes Due 2000 Citicorp International Limited CS First Boston Daiwa Securities (H.K.) Limited Merrill Lynch
      61 words
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      Page 4 Advertisements Column 2
      33 4 Perth Brisbane Gold Coast Be Your Own r ln v< in sr; DEVELOPER DESIGNER O Choose Your Build Within Own Location Your Budget OBental Guarantee Do Visit Us Is Your Choice Surprise Specials
      33 words
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  • ASIA
    • Article
      Lock icon Japanese finance ministry's top bureaucrat bows out
      577 5 Saito quits under pressure, pointing to waning influence of ministry AFP TOKYO The top bureaucrat in Japan's finance ministry, once considered the most powerful figure in the government, has decided to step down before his tenure ends. In a move signalling the ministry's
      AFP  -  577 words
    • Article, Illustration
      Lock icon Making noise with empty vessels
      51 5 AFP NEW DELHI Women hurling clay pots to the ground on Tuesday to protest against the chronic water shortages here. An estimated 20,000 people, mostly women, took part in the demonstration, shattering hundreds of clay vessels which are used traditionally to hold and cool water.
      AFP  -  51 words
    • Article
      Lock icon Aussie firms favour Asia as investment target
      152 5 AFP SYDNEY A majority of Australia's top 100 listed companies see Asia as the number one investment target, despite a poor understanding of the region. multi-national accountants Price Waterhouse said yesterday. A survey of investment intentions released by the company's Singapore-based merger and
      AFP  -  152 words
    • Article
      Lock icon State leader rapped over call to redirect migrants from Sydney
      365 5 AFP SYDNEY Australia's acting Prime Minister Brian Howe yesterday rejected New South Wales state Premier Bob Carr's call to redirect new migrants away from Sydney, which has sparked an outcry here among migrants and church leaders. Mr Carr startled guests
      AFP  -  365 words
    • Article
      Lock icon US Senate panel votes to ease Pakistan sanctions
      186 5 Reuter WASHINGTON The Senate Foreign Relations Committee voted 15-1 on Tuesday to ease US sanctions imposed on Pakistan because of its nuclear weapons programme. The administration-backed amendment to a pending foreign aid bill would retain the US ban on arms transfers to
      Reuter  -  186 words
    • ASIANOTES
      • Article
        Lock icon Jin is new S Korea Labour Minister
        93 5 AFP SEOUL South Korean President Kim Young Sam yesterday named former Energy and Resources Minister Jin Nyum to replace Lee Hyung Koo as Labour Minister, a presidential spokesman said. Mr Jin, 54, a career bureaucrat and economist, has been deeply involved in the
        AFP  -  93 words
      • Article
        Lock icon US-N Korea nuclear talks stalled
        73 5 AP KUALA LUMPUR The top United States negotiator at nuclear talks being held here with North Korea reported no sign of a breakthrough yesterday, but hoped a key sticking point still could be resolved. "We have not made significant progress toward resolving our differences," said
        AP  -  73 words
      • Article
        Lock icon Sri Lanka to raise more defence money
        84 5 AFP COLOMBO Sri Lanka is on the verge of implementing new revenue measures to finance the war against Tamil Tiger rebels who escalated their campaign last month. Justice Minister GL Peiris said yesterday. He said a 3 billion rupee (5583.4 million) cut in
        AFP  -  84 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      97 5 Artwright mm I hi §1 B I INTRODUCING THE MX TILES SYSTEM FURNITURE. MX Tiles IS a unique tile panel system which integrates ergonomics, function and aesthetics The main components comprise pads. flaps and catches (modular internal wire management system). With a rigid steel frame, components are interchangeable and allows
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  • THE WORLD
    • WORLDWATCH
      • Article
        Lock icon Ruling favours East German spies
        98 6 Los Angeles Times BERLIN Germany's Constitutional Court ruled on Tuesday that former East German spy masters cannot be prosecuted for their Cold War-era espionage a decision that could clear the names of several hundred spies scheduled to stand trial or already convicted. Most prominent among
        Los Angeles Times  -  98 words
      • Article
        Lock icon Britain launches debate on ID cards
        102 6 Reuter LONDON Prime Minister John Major's government yesterday launched a national debate on whether to introduce identity cards. Britain has not had an identity card system since 1952, when a wartime scheme was withdrawn. Fearful of provoking new divisions in his chronically split Conservative
        Reuter  -  102 words
      • Article
        Lock icon Shooting on White House grounds
        90 6 Reuter WASHINGTON An armed man who scaled the White House fence and a Secret Service officer were wounded late on Tuesday in an exchange of gunfire about 30 metres from the presidential residence, the Secret Service said. President Bill Clinton was in the White House
        Reuter  -  90 words
      • Article
        Lock icon Perry leaves for Europe
        109 6 Reuter WASHINGTON US Defence Secretary William Perry departed for Europe on Tuesday night to discuss Nato plans to protect any withdrawal of UN troops from Bosnia and to attend joint military exercises involving US forces in Ukraine. Mr Perry headed first for Garmisch, Germany, to meet
        Reuter  -  109 words
    • Article
      Lock icon Slower growth eases pressure on Clarke to raise UK rates
      286 6 Reuter LONDON British economic growth slowed more sharply than expected in the first quarter of the year, removing some of the pressure on Chancellor of the Exchequer Kenneth Clarke to raise interest rates next month. Official figures published yesterday revised
      Reuter  -  286 words
    • Article, Illustration
      Lock icon Ex-British Labour PM Harold Wilson dies
      204 6 Reuter LONDON Former British Prime Minister Harold Wilson, who died peacefully in his sleep yesterday at the age of 79, was a skilful compromiser who put practical politics above socialist ideals and dogma. Lord Wilson, who had been ill for some time, was the
      Reuter  -  204 words
    • Article
      Lock icon Republican senators throw out US$350b tax-cut package
      420 6 AP WASHINGTON Republican senators, in a resounding rebuff of their colleagues on the other side of Capitol Hill, voted on Tuesday to exclude from their budget bill a massive, US$35O billion (Ss49o billion) tax-cut package approved just a week ago by the House
      AP  -  420 words
    • Article
      Lock icon Purchasing managers less optimistic about US economy
      495 6 Interest rate hikes seen continuing to slow growth Reuter ANAHEIM, California The National Association of Purchasing Management, the pulse-takers of the US manufacturing sector, said on Tuesday purchasing managers are less optimistic now about the state of the economy than they were six
      Reuter  -  495 words
    • Article
      Lock icon EU set to clash over mobile telecoms reforms
      274 6 Reuter BRUSSELS European Union countries are heading for a clash over how quickly to liberalise their mobile communications markets, EU diplomats and officials said. Telecommunications ministers are set to debate the issue on June 13, but national representatives are so divided that
      Reuter  -  274 words
    • Article
      Lock icon Foreign investors returning to Brazil
      183 6 Reuter SAO PAULO Foreign investors are beginning to return to Brazil after the Mexican currency debacle late last year scared most players away and drained some US$lO billion (Ssl4 billion) from the country's foreign exchange reserves, market analysts said. Alvaro Augusto Vidigal, head of the
      Reuter  -  183 words
    • Article
      Lock icon Clinton backs off over balanced budget deadline
      489 6 Bloomberg Business News Los Angeles Times WASHINGTON US President Bill Clinton said on Tuesday he was not committed to eliminating the deficit by a specified date, backtracking from a four-day-old pledge that had confused aides and upset some congressional allies. Mr Clinton, who
      Bloomberg Business News; Los Angeles Times  -  489 words
    • Article
      Scottish Nationals expected to take Perth
      264 6  -  From Neville Stack in LONDON THE last Conservative stronghold in Scotland is about to fall. But in delivering a rebuke to the government in today's by-election, the voters in the up-market area round Perth are clearly not keen on Tony Blair's New Labour. It
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      Page 6 Advertisements Column 1
      79 6 THE FAR EASTERN ECONOMIC REVIEW More Copies Now Available in Singapore At Additional Leading Newsstands STSSM sfiWhere to Put ffivVtHir Money k! UMfldfiivH Myß 4 f W 2 HBBBMi ns ?h! ■■■■Kfl I'M j in Asia's Business N«wsw«ekly Review Publishing Co., Ltd., (iPO Box t(>o. I long Kong. Tel: (8.>2)
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      Page 7 Advertisements Column 1
      399 7 business. Author of two other books, he is currently developing Learn about the hype, reality and strategy of using the "I-way". another book, tentatively titled "Beyond Re-Engineering Analyze social and ethical issues related to the digital economy. U Kmvl Business Transformation for the Digital Economy". He has been In addition,
      399 words
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  • INNOVATION & TECHNOLOGY
    • INTAKES
      • Article
        Lock icon China's blueprint for science
        84 8 Bloomberg Business News BEIJING China has published a blueprint for making science and technology the "top productive force" in the nation's economy, the official China Daily reported. The decision by the Central Committee of the Chinese Communist Party and the State Council. China's cabinet, calls for
        Bloomberg Business News  -  84 words
      • Article
        Lock icon Raise a glass to nuclear waste!
        83 8 Reuter COLUMBIA, Maryland GTS Duratek Inc said it has converted low-level radioactive waste from a US commercial nuclear power plant to glass at Catholic University of America s Vitreous State Laboratory. GTS engineers and the university's scientists melted spent radioactive ion exchange resin, converting
        Reuter  -  83 words
      • Article
        Lock icon Polaroid develops holographic reflector
        90 8 Reuter CAMBRIDGE, Massachusetts Polaroid Corp said it has developed in conjunction with Motorola Inc a holographic reflective material that improves the image quality of liquid crystal display screens used in hand-held computers and portable communications devices. Polaroid said its Imagix holographic reflector material improves image brightness
        Reuter  -  90 words
      • Article, Illustration
        Lightest briefcase satellite phone
        61 8 TORRANCE, California California-based Magnavox Electronic Systems has introduced a briefcase satellite telephone that the company says is the lightest Inmarsat-M briefcase terminal available. The 8-kg MX 4040 MagnaPhone M is a complete satellite terminal, packaged in Samsonite executive briefcase whose lid contains a flat array antenna.
        61 words
    • Article, Illustration
      Lock icon Say cheese to your scanner
      515 8  -  Taking still photographs with handheld scanners is now a possibility, Seamus Phan learns Seamus Phan SCANNING documents into the personal computer is common practice in offices these days. But scanning a 3-D image such as a vase of flowers, or even a person's face? Images
      Photo by Chris Loh  -  515 words
    • Article
      Lock icon Putting a tag on tumour — the latest in cancer research
      433 8 Putting a tag on tumour the latest in cancer research AP IN A NEW, experimental approach to fighting cancer, scientists are doing something akin to painting a bull's eye on tumours. They inject extra genes into tumours to make them look like foreign invaders. That triggers an attack by the
      AP  -  433 words
  • The Law Page
    • Article
      No poetic licence please, we are court
      1013 8  -  A person issued a licence must check that it is in order, reports Ramesh Divyanathan Ramesh Divyanathan THE next time you are issued a licence, look at it carefully to make sure the issuing officer did not make a mistake. Otherwise, you may
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    • Article
      How about finding your lawyers in cyberspace?
      368 8  -  AJTHE-5M By Ramesh Divyanathan THE annual Law Society Directory could become an outdated publication if some lawyers' plans to have such a directory on the Internet are accepted. Currently, the directory contains a list of Singapore's advocates and solicitors, law firms, advertisements, information
      368 words
  • Page 8 Advertisements
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  • SPORTS
    • Article, Illustration
      Lock icon More than rugby at stake in 1st game
      1020 9 RUGBY WORLD CUP I 993 Reuter CAPE TOWN Eighty minutes of rugby at Newlands today should tell South Africans all they need to know about the Springbok team, their World Cup prospects and the sport's ability to unite the country. Since the
      Reuter  -  1,020 words
    • Article
      For rugby diehards, the real World Cup begins today
      755 9  -  Australia is the favourite. New Zealand is nowhere. But maybe a northerner will win, reports Shahiron Sahari Shahiron Sahari SINGAPORE For followers of the oval ball game, the real World Cup begins in earnest today, in a eountry where rugby is
      755 words
    • Article
      Lock icon Robinson is most valuable player but Rodman steals limelight
      789 9 NBA playoffs NYT SAN ANTONIO, Texas David Robinson's trophy came wrapped in styrofoam on Tuesday in case he dropped it. He committed seven turnovers in San Antonio's Game 1 flop against the Houston Rockets on Monday night, which is why Tuesday's
      NYT  -  789 words
    • Article, Illustration
      Lock icon Mass appeal
      147 9 AFP AUCKLAND The biggest crowd in New Zealand history gave an ecstatic welcome yesterday to the sporting world's oldest trophy, yachting's America's Cup, and the winning Team New Zealand. As a huge ticker tape parade unfolded in downtown, Auckland Mayor Les Mills said nothing like this had happened
      AFP  -  147 words
    • SIDELINES
      • Article
        Lock icon Orlando beats Indiana in NBA opener
        97 9 Reuter ORLANDO, Florida The Orlando Magic, down by as many as 18 points in the opening minutes, rebounded to pull a 105-101 win over Indiana in the opening game of the Eastern Conference Finals on Tuesday. The best-of-seven series continues here today. "We were
        Reuter  -  97 words
      • Article
        Lock icon Mansell, McLaren end racing deal
        157 9 AFP LONDON Nigel Mansell's Formula One comeback ended here on Tuesday when his contract with McLaren Mercedes was terminated by mutual agreement. The announcement came just hours after a spokesperson for McLaren indicated Mansell would continue with the team for the time being. Former World
        AFP  -  157 words
      • Article
        Lock icon Taipei-Beijing row over Asian Games
        101 9 Reuter TAIPEI Outraged Taiwan officials cried foul over what they termed Beijing's act of "Chinese people butchering Chinese people" that led to the southern city of Kaohsiung losing its bid to host the 2002 Asian Games. "What happened will set back Taiwan-China relations for several
        Reuter  -  101 words
      • Article
        Lock icon Bandanas to get the boot?
        146 9 AFP SANTA CLARA, California American football may ban players wearing bandanas because they say the headscarf is associated with street gangs. "Why should we, the NFL, foster something that can have a impact on people in real life situations when kids in gangs get arrested
        AFP  -  146 words
    • Article, Illustration
      Lock icon Easy victories for Ballesteros and Langer
      405 9 Golf Reuter AFP MADRID Severiano Bailesteros and Bernhard Langer eased through their European qualifying first round matches in the Five Tours world matchplay championship of golf with three and two wins on Tuesday. Bailesteros, buoyed by Sunday's Spanish Open victory, beat compatriot Miguel Angel
      Reuter; AFP  -  405 words
    • SCORECARD
      • Article, Illustration
        Badminton
        140 9 I.AL'SANNE, Switzerland World Championships on luesda) (selected). Men's singles, 3rd rd: Thomas Stuer-Lauridscn (Den) bt Pontus Jantti (Fin) 15-7. 15-3; Xic Yangchun (Chn) bt Sam Kai Chong (Med) 15-2, 15-3: Ardi B Wiranata (Indon) bt lain Sydic (Can) 15-7, 15-3. Women's singles, 4th rd: Lim Xiaoqing (Swc) bt Kim
        140 words
      • Article, Illustration
        Basketball
        18 9 NEW YORK NBA Eastern Conference finals on Tuesday: Orlando 105 Indiana 101 (Orlando leads best-of-seven scries 1-0).
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      • Article, Illustration
        Golf
        53 9 MADRID Five lours matchplay world championship, European qualifying round on Tuesday: Jcsper Parnevik (Swc) b David Gilford (Eng) 2 and I; Bern hard linger (Gcr) b Sandy Lyic (Scot) 3 and 2; Sevcriano Ballcsteros (Spn) b Miguel Angel Jimenez (Spn) 3 and Barry Lane (Eng) b Sam Torrance (Scot)
        53 words
      • Article, Illustration
        Tennis
        106 9 DUSSELDORF, Germany W orkl Team Cup on Tuesday Blue Group: Sweden b Australia 3-0 (Stefan Edberg b Patrick Rafter 6-4 6-7 (9/11) 6-2; Magnus Larsson b Jason Stoltcnbcrg 6-7 (5/7) 6-2 6-4: Edberg/Jonas Bjorkman b Mark Woodforde/Todd Woodbridge 7-6 (7-3) 7-6 (7-4). Red Group: Croatia b Spain 2-1 (Goran
        106 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      393 10 'OSO-, No. lin thje .USA-. TH€ MOST BUTH€NTIC HAUAN PftSTfl PIZZA IN TOUJN PaitjJLoVMjT^ AU-TIME ITALIAN FAVOURITES... ...NEARERTO THE EASTi^K PASTA FRESCA DA SALVATORE PTE LTD JOS^ 30 loat Quw 5(0104) (OffN 24 HOUtS) %fc *****13/*****10 JBBHr 133 #01-02/03 byMi Mi Mi bW 5( 1077) U 44*4910 350 lod 5W
      393 words
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      Page 10 Advertisements Column 2
      292 10 COSMOPOLITAN FARE f~~ Z 2 IBiK ■A J*iJ' r M At Cafe Carousel Feast as much as you can from a wide VARIETY OF DELECTABLE CUISINES FROM ALL OVER THE WORLD. $16.80 (lunch) $18.80 (dinner) PRICES SUBJECT TO 10* SERVICE CHARGE. 1% CESS A 3* GST Jsaft. Ojorvusel J4 i
      292 words
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      Page 10 Advertisements Column 3
      384 10 WHERE TO WINE, DINE AND ENTERTAIN Happy Hours Now Are HaPP'er Than Ever. Just $2.95 for a lx*er or standard drink from 6pm to 6.30pm Price rises by only 50C half hourly till Bpm Free flow of draught beer at $15 per person 20% off standard bottle purchases Indies Night
      384 words
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      Page 10 Advertisements Column 4
      278 10 L iEi Jancy 'Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian fin 'Beijing dumplings, a selection HtOTvj of set menus, and Beijing specialities D|T|£j such as 'Beijing 'DucHi, Bal(fdTench and BkmCMQi Marinated Lamb. Jancy some now?
      278 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Back with Jack
      812 11  -  After a three-year hiatus, Francis Ford Coppola is back in the director's chair. Matt Spetalnick interviews him Matt Spetalnick Reuter HE HAS bailed himself out of bankruptcy, built a winemaking empire, harvested coffee beans in Belize and tested the waters of primetime television. Now Francis Ford Coppola
      Reuter  -  812 words
    • Article
      A road movie that goes nowhere
      550 11  -  Cinema Review By Susan Tsang THE FILM Boys on the Side is about sisterhood. Which is what we get when a trio of dames played by Whoopi Goldberg, Mary-Louise Parker and Drew Barrymore take to the road. As with all road movies, we have
      550 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      474 11 WHERE TO WINE, DINE AND ENTERTAIN wpvjßsr if Jf oeter u Hf Olde English Eating House Mi Y 4 277 Orchard Rd #02-38 Specialists' Centre Singapore (0923) I LUNCH SPECIAL H KH Mushroom Pie Q Valid Mon-Fri except Public Holiday Ik DEVONSHIRE CREAM TEA B (Served from 3pm-6pm) Oven hot
      474 words
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      Page 11 Advertisements Column 2
      31 11 3BU KB Presents BOOK NOW for the KTV Rooms special promotion (For reservation please call *****36) Swimwear Fashion Show The Entertainment 101 Thomson Road #81-01/06 United Singapore 1130 Tel: 356 1136
      31 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1190 11 I The Dog's Tale, As wc H shape and of dogs, we their looks. But perhaps our canine are turning the our m gf quest for perfection. y'-.m South Bank Show: Annie Leihov- |B jriik The South Bank Show turns its r camera's on someone whose r 4 f. «;i
      1,190 words
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  • Article, Illustration
    Gates bows out of a battle
    948 12  -  But Microsoft's war with antitrust officials goes on, reports Leon Hadar Leon Hadar The writer is BT's Washington correspondent SATURDAY'S surprise announcement by Bill Gates, chairman of Microsoft Corporation, the world's largest electronic software company, that he intends to end his plan to acquire
    948 words
  • Article
    More needs to be done
    486 12 SLASHING tariffs isn't easy for any government. But this week, President Suharto's government displayed strong resolve when it unveiled a package to bring down import duties on more than 6,000 items. The act was in keeping with government's commitment to reduce tariffs between now and
    486 words
  • Article
    Chuan may yet save himself
    377 12 THE GOOD THING about the circumstances under which Thailand has found itself without a government is that this was not an illegal seizure of power. Rather, the democratic process which was given a boost with Chuan Leekpai's election in 1992 was what tripped up his
    377 words
  • Article
    Taking no chances with ebola
    120 12 THE GOVERNMENTS initiative to closely monitor the ebola viral outbreak in Zaire is an assurance, even though there is no direct flight from Zaire, making it less likely for the deadly virus to reach here. The statement from the Ministries of the Environment and Health
    120 words
  • Article
    Japan might just blink first
    172 12 BARELY six months into its establishment, the WTO faces the escalation of tension between the US and Japan. The WTO has no real sanction powers. Even if the US were to be found guilty of violating free-trade regulations, it can do little on its part.
    172 words
  • Article
    No wool over our eyes
    119 12 IT WAS widely predicted that the business consortium led by Bambang Trihatmodjo, chairman of the widelydiversified Bimantara conglomerate, would end up as the new owner of the debt-ridden Kanindo textile group. That prediction had prevailed since early this year despite strong lobbying to have the
    119 words
  • Article
    Seek not scapegoats
    144 12 ONE of the most familiar responses, in any society plagued by unemployment, is to blame the intake of foreign labour. Hongkong is no exception. It is all the fault of foreigners, coming in and taking our jobs. Get rid of them, and all will be well again.
    144 words
  • Article
    Keeping social needs in sight
    160 12 AS political events take centrestage, Thailand must not lose sight of its economic and social priorities. Winston Churchill once observed that democracy is a terribly flawed system of government. He added, however, that no one had yet devised a better system. Thailand's fledgling democracy bears
    160 words
  • Page 12 Advertisements
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      240 12 aUI. I) J'j *.f'il sifll IIK ill'Ji uiuo// JpVjßf' ft' a > 189^^ -I^nPSISEiSS^SPfiBPIt u •>'.-. "&Z&&* Surely, it's your cup of tea. Whether you're an American dards in every sense. At a time among the three highest private institutional investor interested in when economic turmoil precluded banks in Turkey.
      240 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      73 12 f IT'S S\R, R£G\»IP\LD G-»ESTeg\ INDO WCXJ IN ROMPvN ;77otJS Sz ip &&t s uf\Tg,s>T \Oei\...J grllevs tves/ USED TO VI IB6P>T OUT RHYTHM FbE V THE SLWes THP>t toeße. 771 Ok k0wiMG,.....? Hou-yMAPBEL C AUOCUTfO HMfHW L'O. IMI-ttM J IMT POONESBURY GARRY TRUDEAU heevas* iteHUL TwoMilmwrMLC&te I SOW-77C WW!
      73 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Pig feed paves road to riches for four Chengdu brothers
      1213 13  -  Steven Mufson tells stoiy of a family which thrives under the market system Steven Mufson Washington Post Thirteen years ago the four Liu brothers of Chengdu in Sichuan Province in west China quit their jobs, sold their bicycles and watches
      Washington Post  -  1,213 words
    • Article
      Lock icon Branching into banking
      193 13 Washington Post UNLIKE many other successful business people in China, especially along the coast, Liu Yonghao shuns lavish displays of his own wealth. He drives himself in a VW Santana made in Shanghai and is not chaufTeured in the Mercedes-Benz or Lexus cars favoured by ranking Communist
      Washington Post  -  193 words
    • Article, Illustration
      Lock icon Investors face dilemma if they pull out of stocks
      809 13  -  Albert Crenshaw considers some alternatives but in the long term, they don't do better Albert Crenshaw Washington Post WHENEVER the stock market sets oflf on a steep run-up, as it has this year, investors are euphoric at first, and then they
      Washington Post  -  809 words
  • Page 13 Advertisements
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      19 13 PORT SHOTS U The latest in sea, air and land transportation 19 Shipping Times Monday to Friday i BusinessTim^
      19 words
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      Page 13 Advertisements Column 2
      187 13 historic profit a*d summary Share data on: EB average DPS and j^Ob. Share price and price movement relative to each index Performance figures, relative to market (includes dividend cover fifrNAV) f Two-year consensus broker forecasts from The Estimate Directory Major shareholders and board of directors, registrar and auditor New for
      187 words
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  • Article
    Japanese back to buying foreign bonds
    646 14  -  Nippon Life leads the pack as analysts see further weakening of yen From Anthony Rowley in TOKYO JAPANESE financial institutions have begun buying foreign bonds again including US and German government issues in what appears to be at least a partial reversal of their
    646 words
  • Article
    Lock icon Fall in US durable goods orders largest in 3 yrs
    503 14 AP Reuter Bloomberg WASHINGTON Orders to US factories for big-ticket durable goods plunged 4 per cent in April, the third straight decline and the biggest drop in more than three years. Yesterday's surprising decrease, far larger than most analysts expected,
    AP; Reuter; Bloomberg  -  503 words
  • Article
    Lock icon Aum cult visited Zaire, studied Ebola virus
    348 14 AFP TOKYO The Aum Supreme Truth cult is feared to have studied the deadly Ebola virus as a possible addition to its bio-chemical arsenal after its guru Shoko Asahara toured Zaire, press reports said yesterday. Japanese newspapers dug up an Aum publication carrying
    AFP  -  348 words
  • Article, Illustration
    SIA-Tata venture: a victim of politics?
    844 14  -  The Bottom Line RAMESH DIVYANATHAN RAMESH DIVYANATHAN The writer is a BT journalist SlA's attempt to launch an Indian domestic airline with the Tata Group has come up against fierce protectionist lobbying by politicians and domestic airlines fearful of competition. So it is no
    844 words
  • Article
    Lock icon OECD leaders in trade clash amid US-Japan car war
    349 14 Reuter AFP PARIS OECD ministers were at loggerheads over trade, as a battle between the US and Japan over cars all but took over the annual meeting of the rich nations' club. Diplomats said the ministers were unable to agree on
    Reuter; AFP  -  349 words
  • Article
    Lock icon Asian economic growth means more gain than pain for OECD: study
    339 14 Reuter PARIS Rich nations may feel that their jobs and wages are threatened by emerging economies of the developing world, but their gains from new and lucrative markets will far outweigh the costs, the OECD said this week. If
    Reuter  -  339 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Heavyweights pouring $360m into cellular, paging networks
      462 15  -  By Genevieve Cua SINGAPORE Three groups of listed heavyweights are gearing up to invest a total of more than $360 million in cellular and paging networks to rival Singapore Telecom in April, 1997. The bulk of the investment $300 million will be made
      462 words
    • Article
      Pan Malayan speeding up regionalisation
      340 15  -  By Quak Hiang Whai SINGAPORE Fierce competition coupled with the prospect of a negative residential property market has led Pan Malayan Holdings to speed up its regionalisation drive. In the company's latest annual report, chairman Goh Eng Chew said the listed group will step up
      340 words
    • Article
      Grand Central plans 1-for-10 bonus, 1-for-5 rights
      310 15 SINGAPORE Hotel Grand Central has proposed a one-for-10 bonus and a one-for-five rights issues to enlarge its capital base for the group's operational growth. A total of 14.1 million bonus shares of $1 each will be issued under the proposal. The renounceable rights
      310 words
    • Article
      Bimantara IPO looks appealing enough to counter reservations
      651 15  -  HOCK LOCK SIEW By William Chia SINGAPORE Few initial public offers (IPO) in Indonesia have aroused as much interest and controversy as diversified business conglomerate Bimantara Citra's. Bimantara Citra, the flagship holding company of President Suharto's son Bambang Trihatmodjo, plans to offer
      651 words
    • Article
      DBS launches Shenton Greater China Fund
      477 15  -  By Conrad Raj SINGAPORE DBS Bank today launches its longawaited Shenton Greater China Fund which it says is the first pure China play although its portfolio will also include companies from Hongkong and Taiwan. The open-ended unit trust, which initially hopes to raise S2O
      477 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        52 15 Firm 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance, Barings, Credit Lyonnais Securities, Daiwa, Fraser, G K Goh, Kay Hian, Morgan Grenfell. Ong Co, Nomura, Phillip, Smith New Court, WI Can and S
        52 words
      • Article, Illustration
        HOT STOCK
        88 15  -  -By Paul Leo START accumulating Tuan Sing on any weakness towards support at 44 cents as it will be oversold by then. Daily and monthly Relative Strength Indices are fast approaching 25. The 5-day moving average line has crossed the 15-day moving average line from below, signalling the
        88 words
    • COMPANIES
      • COMPANYBRIEFS
        • Article
          Powermatic's profit plunges 57.5%
          69 16 SINGAPORE Powermatic Data Systems yesterday announced a 57.5 per cent fall in group net earnings to $2.5 million for the year to Feb 28, 1995. It also announced a first and final dividend of 5 per cent. Powermatic said the drop in profit was due to
          69 words
        • Article
          Bousteadco reports lower earnings
          54 16 SINGAPORE Bousteadco Singapore has reported net earnings of $2.4 million for the year Mar 31, 1995, compared with $8 million for the 15 months to Mar 31, 1994. It has announced a second interim dividend of 4 cents to be paid on June 30 in lieu
          54 words
        • Article
          Chemical Industries queried
          58 16 SINGAPORE The Stock Exchange of Singapore yesterday asked Chemical Industries (Far East) for more information about a proposed l-for-2 bonus issue. The SES asked whether directors expect a change in the amount of dividend to be paid on the enlarged share capital and for details of reserves
          58 words
        • Article
          IPC signs deal with Philips
          67 16 SINGAPORE Computer maker IPC Corp has signed a deal with Philips Media to make and sell a new compact disc product, called CD-i/PC. The product adds CD-i playback to a personal computer. The CD-i format, developed by Philips, gives better audio and visual image Quality
          67 words
        • Article
          Coffeemix boosts Malaysian arm
          76 16 SINGAPORE Super Coffeemix Manufacturing said yesterday it had subscribed for 849,995 shares of Msl (550.56) each in its wholly owned Malaysian subsidiary Super Food Technology. Coffeemix also said SFT entered into a contract on Monday this week to buy a plot of land in Johor for
          76 words
        • Article
          L&M applies to list holding firm
          55 16 SINGAPORE L&M Group Investments has told the Stock Exchange of Singapore it has applied to the Kuala Lumpur Stock Exchange to list a company holding the shares of six of L&M's Malaysian subsidiaries. L&M, answering a query from the SES, said it was awaiting
          55 words
        • Article
          Dividend crediting service kicks off
          122 16 SINGAPORE The Stock Exchange of Singapore says a dividend crediting service provided for CDP direct account holders started yesterday with the divided payments by Hotel Plaza and United Overseas Land. The SES said 62 per cent or 11,808 of the 19,126 shareholders of the two
          122 words
        • Article
          FCC announces payout date
          42 16 SINGAPORE First Capital Corp said yesterday the dividend for the period Dec 18, 1994 to June 17, 1995 on 100 million 6.25 per cent redeemable cumulative preference shares of $0.01 each would be paid on June 18, 1995.
          42 words
      • Article
        Lock icon Construction firm Karnchang plans Bangkok listing
        538 16 Bloomberg Business News BANGKOK Ch Karnchang. one of Thailand's largest construction companies, plans to raise 2.23 billion baht (SSI26 million) through an initial public offering of its stock. The sale comprises 14 million shares of common stock, or 20 per cent of total outstanding
        Bloomberg Business News  -  538 words
      • Article
        Lock icon LKT Industrial to supply plastic products to IT industry
        260 16 Bernama KUALA LUMPUR LKT Industrial Bhd, in diversifying further its plastic manufacturing division, plans to manufacture and supply engineering plastic components to the information technology (IT) industry, chief executive officer Loh Khee Lian said yesterday. He said the company would initially
        Bernama  -  260 words
      • Article
        Koh Brothers, Indon partner to develop Stevens Road property
        314 16 SINGAPORE The Koh Brothers Group has tied up with an Indonesian company to develop a freehold plot in Stevens Road. The group's subsidiary, Koh Brothers Development, formed a joint venture with Grand Universe Investments. The joint venture, called Grand Koh Development,
        314 words
      • Article
        Lock icon Tenaga seen posting flat half-year earnings
        364 16 Bloomberg Business News KUALA LUMPUR Power utility Tenaga Nasional Bhd, battered by the government's decision two weeks ago to rescind an approved rate increase, is likely to report earnings today for the six months ended Feb 28, roughly in line with the same period
        Bloomberg Business News  -  364 words
      • Article
        Lock icon PMCW streamlines associates' business
        158 16 Bernama KUALA LUMPUR Pan Malaysia Cement Works Bhd (PMCW) is streamlining the operations of its cement-based associated companies. The company said yesterday that as part of the exercise, 50 per cent-associate APMC Enterprises Sdn Bhd has assigned its 51 per cent stake in Southern Cement Industries
        Bernama  -  158 words
      • Article
        Lock icon Astra's profit set to rise with cut in tariffs on car-parts imports
        272 16 Bloomberg Business News JAKARTA Astra International should enjoy higher earnings after the government cut tariffs on imported car parts by 35 per cent yesterday. "This will make them a lot more competitive," said David Chang, the head of
        Bloomberg Business News  -  272 words
      • Article
        Untitled
        2232 16 Mwam' prteM May 25 Mendaki Gr Fund 1.02 I 0S<£ 11U US Gr Fund 1.01 1.05® SifSEL «wlm JSS oil i» IS' i!m S'nore Sec Fund 099 1.05 United Gr Fund' 1.65 1.72 lnv«i Fund 118 1.25 United Asia Fund 1.61 1.70® S Equity Fund 0!75 0 80 Mrci 09,
        2,232 words
      • Article
        Lock icon Prospect of large gains from HSBC, Bank of E Asia warrants
        437 17 Bloomberg Business News HONGKONG Investment banks sold warrants on Tuesday that hold out the promise of big gains on shares in two of the territory's biggest banks, in an effort to cash in on investor enthusiasm for Hongkong stocks.
        Bloomberg Business News  -  437 words
      • Article, Illustration
        Lock icon Bid to pull plug on power project
        62 17 Reuter BOMBAY A labour union activist in Bombay preparing a poster for a protest rally yesterday against India's largest power project, a US$2.B billion (Ss3.B billion) plant being built by American company Enron. Environmentalists oppose the 2015 megawatt power plant —in the western
        Reuter  -  62 words
      • Article
        Lock icon Sing Tao-China magazine venture suspended
        252 17 Reuter HONGKONG The Xing Guang Monthly magazine, owned jointly by Sing Tao Holdings Ltd and Beijing's People's Daily, has suspended publication after two years of operations, a local newspaper reported yesterday. Xing Guang, the first Hongkong/China venture magazine to be distributed in China, Hongkong and
        Reuter  -  252 words
      • Article
        NSW likely to reduce stamp duty on share trades to stay competitive
        441 17  -  From Florence Chong in SYDNEY THE New South Wales (NSW) government is likely to follow the lead of Queensland and reduce stamp duty on share transactions in what is-shaping up as a battle for competitiveness against other Asian
        441 words
      • Article
        Lock icon ITC fails to impress despite 25% profit jump
        510 17 Reuter NEW DELHI Executives with BAT Industries pic and stock analysts said they were unimpressed by a 25 per cent rise in earnings by Indian tobacco and hotel group ITC Ltd for the year ended March 31. They said the increase was
        Reuter  -  510 words
      • COMPANYBRIEFS
        • Article
          Lock icon Newsweek ventures into cyberspace
          67 18 NYT NEW YORK Virtual City, a quarterly life-style magazine about cyberspace, will be introduced in September in a joint venture by Newsweek and Virtual Communications, a privately held, San Francisco-based company. The magazine will be distributed at newsstands and in computer stores, and is expected to
          NYT  -  67 words
        • Article
          Lock icon BTR Nylex in good shape: chairman
          90 18 Reuter MELBOURNE Industrial manufacturer BTR Nylex Ltd is in extraordinarily good shape after emerging from the worst recession for more than 45 years, chairman Alan Jackson said. He told the annual meeting that management had stood up well to the economic downturn and the
          Reuter  -  90 words
        • Article
          Lock icon Legend in semiconductor venture
          60 18 Bloomberg Business News HONGKONG Legend Holdings, a Hongkong company controlled by China's largest computer maker, has invested HK$lO million (S$ 1.8 million) to set up a semiconductor joint venture. Legend-Valence Holdings Ltd, 70 per cent-owned by Legend and 30 per cent owned by joint venture directors
          Bloomberg Business News  -  60 words
        • Article
          Lock icon News Corp dips on media rule uncertainty
          53 18 Reuter SYDNEY The shares of global media group News Corp Ltd fell in a rising overall market on uncertainty over the outlook of its British unit News International pic following proposed changes in British cross-media rules. News Corp was down 17 cents at
          Reuter  -  53 words
      • Article
        Lock icon Matsushita Electric earnings rise for first time in four years
        432 18 Bloomberg Business News TOKYO Matsushita Electric Industrial Co, the maker of Panasonic and other electronics brands, had a rise in earnings for the first time in four years, thanks to cost cutting and strong worldwide demand for its products. For
        Bloomberg Business News  -  432 words
      • Article, Illustration
        Lock icon Prayer wheels
        59 18 Reuter NEW YORK Artist Ann Marie Mattioli kneeling in the Yugo car she turned into a mobile confessional as part of an art exhibit at New York City's Grand Central Station on Tuesday. Ms Mattioli's creation, named "Ugofirst", is part of a project that has turned 25 of
        Reuter  -  59 words
      • Article
        Lock icon Australia & NZ Bank profit up 34%
        157 18 Australia NZ Bank profit up 34% Bloomberg Business News SYDNEY Australia New Zealand Banking Group Ltd yesterday said first-half profit rose 34 per cent, as interest income increased and bad debts dropped. The bank said net profit in the six months to March 31 rose to As4B7 million (SS4B7 million)
        Bloomberg Business News  -  157 words
      • Article
        Lock icon TNT suffers 60% tumble in after-tax profit to A$34m
        345 18 Bloomberg Business News SYDNEY Transport concern TNTs nine-month aftertax profit plunged 60 per cent as earnings slumped at airline Ansett and in its Spanish freight operations. The company said equityaccounted profit after one-time items in the three quarters ended March 31
        Bloomberg Business News  -  345 words
      • Article
        Lock icon Kmart again humbled by shareholders
        235 18 Reuter DEARBORN, Michigan Kmart Corp on Tuesday lost a battle on a shareholder proposal about how directors are elected, and indicated the search for a chief executive at the struggling retailer is taking longer than expected. The nation's second-largest retailer said a shareholder proposal requesting
        Reuter  -  235 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon China's first private sector bank to open in six months
        276 19 Bloomberg Business News BEIJING China will set up a 100 per cent privately-owned bank dedicated to financing growth in the private sector. China Minsheng Bank has won approval from the State Council, China's cabinet, and will open in six months,
        Bloomberg Business News  -  276 words
      • Article
        Lock icon KPMG, SEI tie up to offer retirement benefits services
        208 19 Bloomberg Business News NEW YORK Accountants KPMG Peat Marwick and investment services group SEI Corp are in a joint venture to provide companies with retirement benefits services. Companies that offer their employees retirement plans sometimes hire one company to manage the
        Bloomberg Business News  -  208 words
      • Article
        Lock icon Thai central bank happy with current interest rates
        159 19 Reuter BANGKOK The Bank of Thailand is satisfied with the current overnight interbank interest rate of 10-13 per cent. "The central bank is trying to keep the interbank rate 6.07.0 per cent higher than last year's rate of 5.0-7.0 per cent," said
        Reuter  -  159 words
      • SMALLCHANGES
        • Article
          Lock icon Merrill Lynch sees yuan weakening
          69 19 AFP SHANGHAI The Chinese renminbi is expected to weaken to 8.9 to the US dollar at the end of the year as export growth and capital inflows slow down, US brokerage Merrill Lynch said yesterday. Currently trading at around 8.29 to the US dollar, the
          AFP  -  69 words
        • Article
          Lock icon Shenzhen official gets HK posts
          74 19 Bloomberg Business News HONGKONG Cheung Hungyi, the ex-vice mayor of the southern Chinese city of Shenzhen, will move to Hongkong to head the Nanyang Commercial Bank and to take a post at the Bank of China's Hongkong Branch, the Chinese-language Ming Pao Daily News reported
          Bloomberg Business News  -  74 words
        • Article
          Lock icon Bank to sell 71b yuan of bonds
          70 19 Bloomberg Business News SHANGHAI China's State Development Bank, one of three policy banks, which offer cheap loans to fund key government projects, is to sell 71 billion yuan (S$ 11.7 billion) worth of domestic bonds, the Shanghai Securities News said. The bonds are
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Bank of NY to buy J P Morgan unit
          88 19 Bloomberg Business News NEW YORK The Bank of New York Co confirmed yesterday that it agreed to buy the securities custody business of J P Morgan Co, one of the world's largest operations that holds stocks and bonds for customers, for
          Bloomberg Business News  -  88 words
        • Article
          Lock icon SEC suspends derivatives manager
          62 19 AP WASHINGTON David Askin, a major Wall Street investor whose investment fund collapsed in last year's bond market rout, was barred from the industry for two years for giving investors misleading prices about mortgage derivatives, regulators said on Tuesday. The decision ends one of the Securities
          AP  -  62 words
        • Article
          Lock icon IFC signs US$125m deal
          107 19 Reuter WASHINGTON The International Finance Corp (IFC) signed a US$l25 million (Ssl74 million) financing agreement with Globo Cabo SA to help develop Brazil's multi-media industry and expand its telecommunications infrastructure. The project will also help Globo Cabo, a Brazilian holding company, to create a nationwide distribution
          Reuter  -  107 words
      • Article
        Lock icon Peregrine sells HK$500m equity index-linked notes
        382 19 Bloomberg Business News HONGKONG Asia's largest non-Japanese investment bank is selling two-year debt securities, the returns of which are linked to changes in Hongkong's benchmark stock index. Through a Cayman Islands subsidiary, Peregrine Investments Holdings is offering investors HKSSOO million (Ss9o million) of equity-linked
        Bloomberg Business News  -  382 words
      • Article
        Lock icon Tokyo banks write off record 5 trillion yen in bad loans
        282 19 Bloomberg Business News TOKYO Japan's top 21 hanks cleared a record-high 5 trillion yen (5579.5 billion) in bad loans from their books last year, banking analysts estimate. The trouble, according to analysts, is that "clearing" the loans and actually
        Bloomberg Business News  -  282 words
      • Article
        Lock icon Citibank to drop most of its electronic banking fees in NY
        420 20 NYT NEW YORK Moving to take the offensive in high-tech-nology banking. Citibank said on Tuesday that it would eliminate almost all fees for electronic banking in New York. The fees had ranged from 35 US cents (49 Singapore cents)
        NYT  -  420 words
      • Article
        Lock icon Formosa Plastics back with plan to raise US$350m overseas
        257 20 Bloomberg Business News TAIPEI Formosa Plastics Corp, the flagship company of Taiwan's largest industrial group, has revived plans to raise US$35O million (SS4B7 million) overseas to help finance construction of a multibillion dollar petrochemical complex, a company spokesman said on Monday.
        Bloomberg Business News  -  257 words
      • Article
        Asian gold demand rose 29% in first quarter
        341 20  -  From Neil Behrmann in LONDON ASIAN gold purchases soared to 440 tonnes in the first quarter of this year, up 29 per cent from that in the same period last year, says the World Gold Council (WGC). The bullion price, however, failed
        341 words
      • Article
        Lock icon Coffee price plunges as Brazil frost fears fade and funds sell
        281 20 Reuter LONDON The price of raw coffee plunged US$2Ol (Ss2Bo) a tonne on the London market on Tuesday as speculators bet on warmer weather in the world's key producer Brazil. By the London close, robusta bean prices for July
        Reuter  -  281 words
      • Article, Illustration
        Lock icon Kobe quake, comics turtles and home shopping boost gold sales
        421 20 FT LONDON Teenage Mutant Ninja Turtles in Saudi Arabia, graphic pictures of the Kobe earthquake and the Home Shopping Network in the US have all helped to boost gold sales so far this year. Solid gold trinkets based on characters
        FT  -  421 words
      • Article
        Lock icon Viet sugar imports set to reach record high
        257 20 AFP HANOI Vietnam's sugar imports could hit a record 140,000 tonnes this year, despite plans to treble output of refined sugar to one million tonnes a year by 2000, a report said on Tuesday. Since January, Vietnam has bought 20,000 tonnes of
        AFP  -  257 words
      • Article
        Lock icon Banks loath to cut margins further: BIS
        393 20 Reuter BASLE, Switzerland Some banks have beeome reluctant to accept further cuts in how much they earn from underwriting syndicated loans and Eurobonds, a study said. The Basle-based Bank for International Settlements (BIS) said fierce competition between banks to win underwriting mandates in
        Reuter  -  393 words
      • Article
        Lock icon Asia diesel price outlook bullish
        318 20 ENERGY REPORT Reuter SINGAPORE Diesel prices in South-east Asia continued to climb yesterday amid tight supplies and are set for further gains over the next two weeks on strong demand from Indonesia and India, traders said. "The cash market is very tight and this is
        Reuter  -  318 words
      • Article
        Lock icon New York
        98 20 AFP NEW YORK The dollar slipped slightly against other major currencies except the yen here early yesterday after an early boost by a bond market decline triggered by a sharp drop in US durable goods orders. At 1405 GMT. the dollar was quoted as trading at 1.44 marks,
        AFP  -  98 words
      • Article
        Lock icon Currency Reports: London
        207 20 Reuter LONDON The dollar rose within narrow ranges against the mark in Europe and analysts believe a positive tone will prevail in thin, news-starved markets. Dealers were also watching European cross rates for clues to future mark strength and the next dollar direction. But the approach of
        Reuter  -  207 words
      • Article, Illustration
        Untitled
        1539 20 trade-* eithted inJt calculated attains Spare's tup 14 tiadmit punnet s Buv nmr /W.< US$/S$ forward rates Noon /May 24 ss Bid Offer I -month ***** 1 3893 i-monlh 1.3828 ***** 3-month 1.3773 ***** 6-month 1 3648 1 3668 Suunr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am
        1,539 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars bullish on hope of rate cut
        1366 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended firmer while Euroyen contracts closed flat. Dealers said sentiment for Eurodollars was bullish following a newspaper report, from The Washington Post, speculating that interest rates may ease later this year. "It seems a bit unbelieveable
        Reuter  -  1,366 words
      • Article
        M'sian rubber down on Japan's fall
        687 21 COMMODITY REPORTS Rubber KUALA LUMPUR: Rubber prices closed lower yesterday, extending losses following a fall in the Japanese market and poor consumer demand. "Prices are casing because of losses in Japan." a dealer added. June RSSI buyer closed 2.50 sen down at 418.50 a
        687 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Tin control plan outdated
          62 21 KUALA LUMPUR Indonesia believes that a nine-year-old scheme by the Association of Tin Producing Countries to restrict tin supply to the world's markets has outlived its usefulness. Indonesia's Directorate for Mining Industry and Development official Rozik Soetjipto. said yesterday his country might raise the issue at
          62 words
        • Article
          Russian aluminium exports down
          104 21 MOSCOW Russian exports of aluminium were down in the first four months of 1995 compared with the year-ago period, but exports of nickel and copper were sharply higher, the Interfax News Agency said. Figures released by Russia's State Statistics Committee show that exports of primary aluminum
          104 words
        • Article
          India to set up oil products reserve
          60 21 BOMBAY India will set up a strategic reserve of petroleum products equivalent to 45 days of demand to meet emergency shortages, the government announced yesterday in parliament in New Delhi. It would be set up by creating additional storage capacity at refineries, supply
          60 words
        • Article
          Higher margins for coffee contracts
          69 21 NEW YORK The Coffee, Sugar and Cocoa Exchange is raising coffee margins and cutting cocoa margins, effective yesterday. Exchange members and the trade will have to put up U552,750 (553,822) for all coffee contracts, compared with US$2,OOO previously. Original margins for cocoa will be US$4OO,
          69 words
    • Article
      COMMODITY PRICES
      1484 21 SICOM Futures Rubber (futures dosing as at 5.3Qpni) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 235.00 I 475 Jul 224.00 224.00 225.50 25 2125 Aug 221.00 221.00 222.50 25 2950 Sep 218.00 218.00 220.00 25 2275 Oct/Dcc 217.50 216.50 215.00
      1,484 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1038 22 +4.5 SHARES closed stronger yesterday after late selling focusing on banking stocks took its toll. "It was doing well on the back of Wall Street, but since mid-afternoon we saw some heavy selling and it slammed the market down," a broker said. The All Ordinaries Index finished 4.5 points
        1,038 words
      • Article
        Manila
        566 22 +50.62 Share prices closed nearly 2 per cent higher with foreign investors snapping up blue chips, dealers said. "There was a lot of foreign funds coming into the local bourse," said a dealer. The PSE Index rose 50.62 points to finish at 2,798.95. Turnover was 1.4 billion shares valued
        566 words
      • Article
        Taipei
        556 22 -59.32 Share prices closed amid worries over soured ties with China. All eight major categories of shares suffering losses. "The US permission to allow President Lee Teng-hui to visit America in June has triggered investors' fears of soured relations between the island and China," said an analyst. The 321-issue
        556 words
      • Article
        Seoul
        483 22 -8.26 Stock prices tumbled to a new 18-month low yesterday, closing 0.9 per cent down from the previous day. The Composite Price Index shed 8.26 points to 848.63. "Amid the lack of any positive factors to interest investors, the market remained depressed throughout the day, with the index sinking
        483 words
      • Article
        New Zealand
        355 22 12.12 Shares rose for a second day as rising newsprint prices spurred buying of forester Fletcher Challenge Ltd. Better-than-expected results announced by Trust Bank New Zealand also boosted the market, traders said. In the year ended March 31, Trust Bank lifted annual profit 27 per cent to NZ592.4
        355 words
      • Article
        Bombay
        85 22 -20.63 Stocks fell amid concern a split in the ruling party could force early elections and bring down the government, threatening the future of economic reforms. Such worries overshadowed the fundamental strengths of many companies, analysts said. Investors took some heart from the passage on Tuesday of the national
        85 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        666 22 Britannia Funds Merlin* Cash Bid Offer Mim Cap Depout 34 6400 3*6500 Mim Jeney Gilt 0 1193 0 1992 Mim Mat Income ***** 0 9600 I S$ Cash Income Plu* Fund 10 1400 106*00 PS Reverve Fund 5 4700 5 4*00 Sterling Kqaity Euro Performance 0 4592 0 49M Far
        666 words
      • Article
        London
        667 22 +35.5 UK STOCK soared to a 15month high, as British and American economic reports suggested both economies were slowing. Gains were underpinned after a greater-than-expected drop in US durable goods orders, prompting hopes of a rate cut by the end of the year. Earlier, stocks rose after revised UK
        667 words
      • Article
        Paris
        145 22 -4.64 French stocks were mixed as losses in financial stocks, linked to interest rate concerns, offset early gains by dollar-earners. The CAC-40 Index was down 4.64 points at 1,960.67, its lowest since May 5, the last trading day before the French presidential election. There were 20 losers, three unchanged
        145 words
      • Article
        Frankfurt
        198 22 +0.76 German stocks rose as bond strength boosted financials such as Deutsche Bank and Dresdner and the stable dollar improved earnings hopes for exporters like carmaker Daimler-Benz. "Bonds and the stable dollar have been very helpful today," said a trader. "Before the bank holiday, it's surprising how well we've
        198 words
      • Article
        Brussels
        186 22 -3.69 Belgium stocks fell as the nation's three biggest companies paid dividends on 1994 earnings. Electricity company Electrabel, oil company Petrofina and holding company Societe Generale de Belgique dragged the index 11 points lower after their shares were discounted by roughly the value of the dividends they paid. The
        186 words
      • Article
        Milan
        120 22 +65 Italian stocks closed higher, led by telecommunications shares Stet and Telecom Italia, as bonds tracked US Treasuries up on expectations of low-inflation growth. "Italian stocks are rallying to the surge in the bond market," said a trader. The Mibtel Index gained 65 points, to 10,141. Milan May 24
        120 words
      • Article
        Amsterdam
        290 22 +3.7 Dutch stocks closed at their highest level in 15 months led by shares in Royal Dutch Petroleum and chemical group Akzo Nobel. Falling interest rates and a stable dollar fuelled optimism over corporate earnings, causing almost all leading stocks to rise. Traders said they had expected the market
        290 words
      • Article
        Stockholm
        104 22 +2.36 Swedish stocks closed at a record high, led by drugmaker Astra, telecommunications company Ericsson and forestry concern SCA. Bonds also rose, with investors attracted to Sweden's relatively high yields. The OMX Index of 30 leading stocks rose 2.36 points to 1,251.84. Fourteen stocks were higher, 10 fell and
        104 words
      • Article
        Zurich
        202 22 +28.10 Swiss stocks surged to their highest level in nearly a year as soaring US bonds lifted financial shares, especially Union Bank of Switzerland. A stable dollar earlier in the day buoyed exporters such as Nestle. The SMI Index of 23 stocks closed up 28.10 points at 2,778.50, its
        202 words
      • Article
        Johannesburg
        408 22 +8.7 South African shares ended mostly steady in slow trade as buoyant world markets and a rising gold price helped prices, dealers said, but warned that investors remained uncertain about local prospects. Fears of an economic slowdown impacting on corporate earnings growth, coupled with an expected discount rate hike
        408 words
      • Article
        Toronto
        239 22 18.00 Stocks continued higher at midday, spurred by rallying gold shares and a buoyant bond market, traders said. The TSE-300 Composite Index rose 18.00 points to 4,445.63 in turnover of 50.2 million shares valued at C 5758.00 million. Advancing stocks outperformed declines 305 to 273, with 336 issues unchanged.
        239 words
      • Article
        New York
        778 22 1.73 Stock prices pulled back in heavy trading early yesterday as profit taking curbed the market's advance despite a strong bond rally on news of a much biggcr-than-expected drop in durable goods orders. The Dow Jones Industrial Average, which jumped 40.81 points on Tuesday, was ahead 1.73 to
        778 words
    • Article, Illustration
      Lock icon HONGKONG
      2805 23 Bloomberg Business News HONGKONG Stocks fell as investors decided the benefits of stable interest rates in the territory will not be as great as they were judged on Tuesday. The Hang Seng Index fell 44.68 points to 9,258.18. Turnover was HKS4.6O billion. The relatively low trade reflected the absence
      Bloomberg Business News; Source: Bridge Info  -  2,805 words
    • Article, Illustration
      Lock icon CHINA
      595 23 CLSA IN Hongkong, H shares finished 2.44 points lower at 1,191.57 on turnover of HK.SI27 million. Newlylisted Jilin Chemical was the most active counter. It closed down 1.8 per cent. Harbin Power was the largest gainer, up 4.1 per cent in dull trading. In Shanghai, B shares gained 0.3
      CLSA  -  595 words
    • Article, Illustration
      Lock icon TOKYO
      2424 23 Bloomberg Business News TOKYO Stocks rose for the second day in a row as strong earnings results from high-tech manufacturers eased concern about the overall prospects for corporate earnings. "Investors are looking for the companies that can make money, even when the dollar is at 85 yen," said a
      Bloomberg Business News; Source: Bridge Info  -  2,424 words
    • Article, Illustration
      Lock icon BANGKOK
      1586 23 Reuter BANGKOK Stocks headed higher on foreign-led buying of blue chips, with the index ending the day at a new high for the year. Foreign money was flowing into Thailand, as shown by the lower overnight interbank rate which eased to 10.50-11.00 per cent against 11.00-11.50 per cent late
      Reuter; Source: Bridge Info  -  1,586 words
    • Article, Illustration
      Lock icon JAKARTA
      1139 23 Reuter JAKARTA Share prices closed higher in active trading on selective buying despite profittaking in some stocks at midday. "Selective buying was seen in some blue chips that sustained morning gains despite profit-tak-ing in stocks like Smart at midday trading.' one broker said. Smart closed down SO rupiah at
      Reuter; Source: Bridge Info  -  1,139 words
    • Article
      CLOB INTERNATIONAL
      2446 24 Ct Cr iw Last Vol Day Last Quote Dh Di» YM Ne« M Cap H%h Lot. Compaa, Salt (XMW) High 1 Buyer Seller CVr P/K W.I MALAYSIAN STOCKS «7» 1% m ALSB 50c 374 -10 975 392 372 372 374 3 0 -2 9 0.2 3* 4 127
      2,446 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares steady as stable rates offset credit concern
        6648 24 Bloomberg Business News KUALA LUMPUR Stocks were little changed as optimism about stable world interest rates offset concern about the impact of possible credit restrictions on the market. Investors were cheered the Federal Reserve left interest rates unchanged at a meeting of
        Bloomberg Business News; Source: Bridge Info  -  6,648 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8729 25 M VS, IW Last Vol IH> IjuOnM Dh Oi» VM Net <»» A.g High Low CoMpaa, Safe (TOO) Hick Lo» B«»rr VIkr Or P E Ml Price INDUSTRIAL AND COMMERCIAL 482 382 mt s .Vma 50c 406 cd +6 278 412 W6 KM 406 22.5 2 8 8.5 559.7 400
        8,729 words
      • Article, Illustration
        Lock icon Rally stalls despite another solid gain on Wall Street
        1828 26  -  By R Sivanithy SINGAPORE The rally in local prices that started on Tuesday stalled unexpectedly yesterday, despite yet another solid overnight performance on Wall Street. Relief that US interest rates were not raised gave way to worries regarding anti-infla-tionary measures in
        Charts by Bridge Info; Source: Bloomberg  -  1,828 words
  • Page 15 Advertisements
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      238 15 NEWS VALUE KL unveils package to fight inflation (pg 1) That Malaysia prefers other measures than hiking interest rates is likely to be well-received by stock market. Outgoing Thai govt scraps Bangkok Land's train project (pg I) Stock market waved news aside, surprisingly. Government takes first step to privatise HUDC
      238 words
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      457 16 H fft FAR east levincston I lull SHIPBUIUNNC LTD 11 p£ L S (Incorporated in the Republic ol Singapore) I I NOTICE OF I II ANNUAL GENERAL MEETING 11 NOTICE IS HEREBY GIVEN that the 29th Annual General Meeting of the Company I 11 will be held at the Board
      457 words
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      21 17 r v r sM. L" Fly smooth as silk to Bangkok, 28 times a week. For reservations call 1-800 224 9977
      21 words
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      Page 17 Advertisements Column 2
      54 17 OFFERMANN MADE IN GERMANY SINCE 1842 *>ru; loillir AI ■S*jV Leather Is Our Tradition 1 llt 1 1 :-^^jfe; USJ M Ifjß K, 'I BBr c. 13&.. •V x OFFERMANN 1 290 Orchard Road, #01-26 Paragon By Sogo, Singapore 0923. Tel: 733 1700.. 435 Orchard Road, #02-32 Wisma Atria, Singapore
      54 words
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      117 18 f Wm j|||KB|"\ j 4 s^r 111 Ssf££|&s V V\ s it- J, That's the philosophy behind Plus personal videos, innovative World Business Class, from KLM menus and other amenities designed IVTr^H'T TT\W ST and Northwest Airlines. So we added to help you stretch out and relax. A LINES nearly
      117 words
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      Page 18 Advertisements Column 2
      94 18 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      94 words
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      Page 19 Advertisements Column 1
      299 19 the new Brother Fax 620, with an I system and automatic H H H I cutter irons out this horrible, H I The Brother Fax 620 comes loaded with ail the features you'd expect from a leading Japanese name: "Smoothing" Enhanced Image Resolution; 32 Gray Scale; 15 Station Memory; Enhanced
      299 words
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      75 21 Emerging Maims INVESTOR The first magazine to look at all emerging markets from the institutional investor's perspective. •New Funds 'Surveys 'Market Statistics 'Global Analysis People Profiles 'Investment Trends Simply fax/post your business card marking it EMI. Risk Publications, #1802 Kai Wong Comm Building, 224 Queen's Road Central, Hong Kong. Tel
      75 words
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      Page 21 Advertisements Column 2
      20 21 As and when the latest Ixmdon/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words
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      134 22 \V j, X Singapore Handicrafts Singapore's leading rosewood specialist. A rosewood m J J I V add a touch of elegance to any room in your home Come tradition, we ensure that every furniture we sell is exquisitely designed Refined hythe v f WfwßraiMM hands of m V. \r Main
      134 words
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      133 23 »Qiue oMen/ ££ife < EXo QJou/t < &Jai/t J i Facing hair problems like balding, thinning hair, damaged hair, dandruff and I premature grey hair? Don't despair, come to Hay's Formula, we give professional hair treatment with a secret formulation made of 100%, HERBAL EXTRACTS. 1 Hay's Formula provides all
      133 words
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      67 24 Check out this month's offering from an exclusive private collection. Available now at a rarer-than-rare price. or enquiries, please call Janet Wong/Lyna Tay at 734 2033Emerald and diamond brooch Pear-shaped emerald weighing 23-75 carats, Mondial tfgeeAnh (ftty, 391 Orchard Road framed by 178 carats of diamonds ***** Touer B, Ngee
      67 words
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      465 25 ADVERTISEMENT 1900 1540 > Asia Pacific I 720 cd 40 101 17*0 1720 1700 17*0 21 6 20*9 2 1726 171 ias mi Manx. Roto 199 vac* 64 200 I*7 191 199 2.0 *-2 .A.: W 188 tiSfll 55* 650 m! MO MO 132 ON JJJ" 147 9*o *00 ml
      465 words
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      38 26 BUSIN_ES_^ Mp T^IM^ES TOLL—FREE TEL. No. 1-BQO-7AI-1883 FAX:74I-I2&8 SELLING POINT If ever you have to sell ice to the Eskimos, let us offer you a pointer or two. Advertising Marketing. Every Friday. nn Business Times WE KNOW ASIA
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      Page 26 Advertisements Column 2
      624 26 THE COMPANIES ACT. CAP.fO NOTICE OF RESOLUTION WIN EX (S) PTE LTD (In Members' Voluntary Liquidation) At an ExtraonJnary General Meeting of Mmx (S) Pta Lid duly conven ad and held at Ok 2 Joo Chial Road •02-1141 Snoapora 1542 on 16th of May 1995 at 10.00 am tha following
      624 words
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      Page 26 Advertisements Column 3
      361 26 In the Matter of The Companies Act Cap.so and m the Matter of PATCORP PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 2 Havetock Roed, *0707 Apollo Centre, Singapore 010S on Wedneeday, the 24th day of May, 1096
      361 words
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  • BusinessTimes ShippingTimes
    • Article
      Four shipping lines form joint venture to buy 3 containerships
      454 27  -  By Rahita Elias SINGAPORE An alliance between American President Lines, Mitsui OSK, Nedlloyd and Orient Overseas Container Lines has formed a joint venture to buy three containerships. In a statement issued from APL's base in Oakland, California, the consortium said
      454 words
    • Article, Illustration
      Lock icon All in a day's work
      55 27 Reuter HONGKONG Workers at a shipyard at Hongkong's Aberdeen harbour, standing amid the towering keels and propellers of fishing trawlers in a dry dock for inspection on Tuesday. Always Hongkong ship surveyors' biggest workload, periodical surveys grew still faster last year with some 500 ships
      Reuter  -  55 words
    • Article
      Lock icon Pirates in East Africa attacks using mortars and grenades: IMB report
      414 27 AP KUALA LUMPUR Sea piracy is increasing worldwide, but an area of increasing concern is East Africa where pirates are using mortars and grenades, a recent maritime report says. The International Maritime Bureau report said increasingly frequent cases of
      AP  -  414 words
    • Article
      MARITIME STOCKS
      298 27 SES '000 May 24 S$ Vol CWT Distribution L 1.64 +0.01 56 CWT Distribution A 1.51 Chuan Hup Holdings 1.17 -0.01 106 Cosco Investment S 1.75 Cosco Investment A 1.60 unch 1 Far East Levingsto 6.85 unch 198 GB Holdings Ltd 0.80 unch 7 Hai Sun Hup Group
      298 words
    • Article
      Lock icon Aussie shipowners warn of national port strike
      204 27 Bloomberg Business News SYDNEY The Australian Shipowners Association says it fears there could be a "destructive national strike" in the country's ports because of a dispute over the use of nonunion labour in Western Australia. The association expressed "deep concern" over news that
      Bloomberg Business News  -  204 words
    • Article
      Conference tackles warehousing, distribution and logistics issues
      262 27  -  By Alec Almazan SINGAPORE The Pan Asia Warehousing, Distribution and Logistics Convention opened here yesterday at the Hilton Hotel with about 145 participants. Attendance was much better than expected, said conference producer Letticia Fong of Strategic Forum Expertise. "We originally expected only about
      262 words
    • Article
      Lock icon Five Malaysian container hauliers to invest M$1.5b on new equipment
      246 27 Bernama PORT KLANG Five hauliers which formed the Container Hauliers Association of Malaysia (Cham), will spend between MSI.4 billion (Ss79l million) and MSI.S billion this year on new equipment and related facilities. "As of Dec 31, 1994, we have spent
      Bernama  -  246 words
    • Article, Illustration
      Lock icon Measures to cut travel waiting time
      776 28  -  Airlines, hotels, car rental companies all trying to smoothen the way for business travellers. Rachel Beck reports Rachel Beck AP WAITING in line at the airport, rental car agency or hotel drives business travellers crazy. *'I waste so much valuable time," said Andrew Hirsch,
      AP  -  776 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      305 28 Ptge •ANL 3 Able 7 Accord 10 •Ahlm 6 •Ahrenkiel 4 •Appcnship 4 Astro 10 Austral 11 Avant 6 BSA II Batamindo 7 •CCNI 4 •CM A II •COSCO 7 •CSAV 3 Centenary 7 Central t* 11 Chahaya 2 •Cho Yang S Contipac
      305 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      11360 34 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement. ETA ETA Um Vnad Voyage Pg I 1 BwTa i—
      11,360 words
    • SHIPS IN PORT
      • Article
        CONTAINER SCHEDULES
        1361 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rdts SNp Voi Wo Etb/Btr Period Frwn T Frwn AaJade 2396 26/1700 2A 24/1700 25/0659 25/0900 acx aae is* 24/170(1 25/0659 25/0900 4 25/1200 25/1459 25/1700 i gg tag gas ie ss 3 25/0700 25/1159 25/1400 4 25/1200
        1,361 words
      • Article
        AT CONVENTIONAL WHARVES
        602 39 Vessel Mvt Wo Berth Arrival Departure_ Batam Bahagia 05/05/95 J10 alongsde 25.05/2300 Cattex Excellence J-15 J12 alongsde 25 05/0500 Chongmmg 11A J17/18 alongside 25.05/1500 Dong Guang 01/95 17 alongside 2505/2300 Dwi Guna 05/03/95 J9 alongside 25.05/2300 HMS l/B 008/95 J13 alongside 25.05/0700 Kmtrans Leo/B 14/95 J16/17 alongside
        602 words
      • Article
        COCKETT BUNKER MARKET REPORT
        909 39 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        909 words
    • Air & Land Transport News
      • Article
        Air gateway to Vietnam to be expanded under US$4b plan
        378 40  -  From Tran Dinh Thanh Lam in HO CHI MINH CITY TAN SON NHAT Airport, the air gateway of Vietnam, is to be expanded and modernised following ambitious development plans that will cost the government up to US$4 billion (555.6 billion).
        378 words
      • Article, Illustration
        Lock icon Graveyard for air victims
        61 40 Reuter NEW YORK This partly gutted commercial airplane sits in the Arizona Desert, a victim of the turbulent world airline industry that lost some US$2O billion (Ss2B billion) between 1990 and 1994. More than 100 commercial aircraft are in storage at the Evergreen Air Centre for
        Reuter  -  61 words
      • Article
        Lock icon 9 US car firms agree to refit seatbelt buckles
        359 40 AP DETROIT In the second largest auto safety recall ever, seven Japanese and two US automakers agreed on Tuesday to fix 8.4 million vehicles equipped with failure-prone seatbelt buckles made by a Japanese parts supplier. The voluntary recall requires the automakers
        AP  -  359 words
      • Article
        Lock icon Japanese seatbelt firm confident it will not be hurt by recall
        153 40 AP DETROIT Takata Corp parlayed its connections with Japan's automotive giants to become the No 3 player in the US$l billion-a-year North American seatbelt market. But on Tuesday, Japan's leading safety restraints manufacturer hit the news not because of
        AP  -  153 words
      • Article
        Lock icon MAS gets nod to launch Virgin Atlantic code-share
        163 40 MBT KUALA LUMPUR Malaysia Airlines has finally received the green light from the Malaysian, United Kingdom and Australian authorities to implement the code-share with Virgin Atlantic on its Kuala Lum-pur-London and Kuala Lumpur-Sydney/Mel-bourne/Adelaide sectors. In a brief press statement issued in Kuala
        MBT  -  163 words
      • Article
        Lock icon Indon car industry to get boost from tariff cuts
        373 40 Bloomberg Business News JAKARTA Indonesia's automobile industry, one of the most heavily taxed in the world, will get an immediate lift from a series of tariff reductions and economic liberalisations announced on Tuesday, analysts say. The effective tax rates on fully
        Bloomberg Business News  -  373 words
      • Article
        SilkAir, Merpati to start Solo flights
        94 40 SINGAPORE Silk Air and Merpati Air will begin scheduled services between Singapore and the Indonesian city of Solo in central Java on June 2. The joint services will depart from Singapore every Monday, Wednesday and Friday. Silk Air and its parent company, Singapore Airlines,
        94 words
      • Article
        Lock icon China's Zhuhai airport to open next week
        109 40 AFP HONGKONG China's newest airport at Zhuhai, bordering the Portuguese enclave of Macau, will be ready for take-ofT next week after two months of delay due to construction problems, it was reported yesterday. More than 1,000 guests from China and overseas were invited
        AFP  -  109 words
      • Article
        Lock icon MAS gets Boeing's reliability award
        71 40 Bernama KUALA LUMPUR Boeing on Tuesday presented MAS with a "737 excellence in dispatch reliability" award in recognition of the outstanding dispatch reliability rate for its fleet of Boeing 737 aircraft. Malaysia Airlines has maintained excellent dispatch reliability on the Boeing 737-400s and 500s, they
        Bernama  -  71 words
      • Article
        Lock icon KLM pilots vote for partial strike
        74 40 Reuter AMSTERDAM Pilots at KLM Royal Dutch Airlines have voted overwhelmingly for a partial strike on May 30, their first such action since 1958, the VNV commercial pilots' union said on Tuesday. The action, part of a dispute over this year's pay and conditions
        Reuter  -  74 words
      • Article
        Lock icon BA positive on outlook for air industry
        260 40 Reuter NEW YORK British Airways pic chairman Colin Marshall said the global airline industry faces an improved outlook due to strengthening world economies and ongoing cost-cutting by major carriers. "We believe the airline industry is going to continue on upward. The outlook remains
        Reuter  -  260 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1448 40 AIRCRAFT ARRIVALS DEPARTURES aty nm cn rag* m Aba DkaM GA985 1105 GF147 1850 Gf 146 1145 SQ441 1505 GA883 1520 GA975 1535 MlMIl QF81 1930 QF82 2055 SQ228 2055 L fcastardaa SQ25 0650 KL838 2300 KL837 1450 SQ26 2355 GA975 1535 Utmm SQ347 0655 UllMllt SQ286 2040 SQ288 2045
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  • Page 27 Advertisements
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      26 27 BusinesslT Every Monday in Business Times Measures to cut travel waiting time: Page 2 Air gateway to Vietnam to be expanded under USs4b plan: Back Page
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      59 27 China Express Service Direct to Qingdao Effective from May '95 Pis see Pa 6 for schedule j|p| Six hundred I® years ago, Admiral rZ&.,I Cheng Ho led seven naval expeditions to Southeast Asia, India, Arabia and Africa armed with little more than a sense of adventure. If he had Shipping
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      1061 28 n I OTMMt DBSTMATtONS I I NORTH AMERICA 1 DIRECT CALL TO WEST COAST (SCX) WEST COAST Of CENTRAL AMPBCA (MARQAWTA SERVICE SINGAPORE CAUFOWWU EXPRESS jPWECT FROM WEST COASI) *K& >V(rr STWf IJ I W VCT ISU DM. HOUSTDH CMC ITf W3OCO IWT 1 g IHCWIPT MUM BIBIW) |PT C*JBMIW
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      300 28 Line* and service# represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday Businesslime§ CENTAURUS 30/5 3/6 RMMfuMMtmtm I. ARIEL 5/6 W RftnMfwAJKAianlaa
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      968 29 T?Tv FOON6 SUN Y SHIPPING (PTE) LTD WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0611 TEL: 77M255 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FBSHIP VESSEL VOY ETA ETD DESTINATION SUN RAY 9/95 3(15 1* PIAJU/PALEMBANG NEEOIAXI 7/96 29/5 31/5 PONTIANAK/SINTETE GULF SULTAN 2/96 1/B 3* BENGKULU/PADANG GULF KHAUD 25/5 25/5 JAKARTA/PAOANG
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      1308 29 vssa voy atm/p lax <mk Q8 *»/q* hob urc mob Tm mmnwmn ma n/ts/at/85 urn i 3/» h/» h/» to/* is/t GCTgWASMCTONW 87A 01/18/82/88 It/88 20/18 21/18 22£8 23/88 23/88 25/98 27/88 AUJGAMKWI 80A 88/18 /W/88 2S/88 27/88 21/88 28/18 38/88 38/88 >2/87 14/87 MMYHUDSON MGI 84A IS/98 /18/08 02/17
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      829 29 0 HANJIN SHIPPING BOOKINGS TEL: *****36-237 OPERATION TEL: *****41-253 SALES TEL:-*****30-233 DOCUMENT TEL: *****71-276 forvsl mm unimm. sea yvr pox for vsl ["55 unehmjl w u arc *52 SSI IS2 152 112 «WESSYIIT>CS»S« W M AMERICA B2IE 2M 3M 1/7 12 S2SJ 22 22 2i 5 hanjn kunsan uk m
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      1189 30 rasa «r m ma jut uu stw pjeju# sbi hm mo to m loti iwwocroii oi7?ir~M7r" a/4 27/4 «/4 ivs JUL- MI JZL. —-2£- -8GIflßßßatgftSS M/ 417 H/4 27/4 K/4 3/S Z/S 31/5 7Z/S J9CL _i!£mama vtIT ~vf vs vT m _M_ jE IBC -S- -24m>W> 31/411 4/5 4/S 3/S
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      1140 30 NOR/VSIA 2- 2" w* a« turn nm vm vm mm I «I 5 2s*o 01*7 02*7 02*7 03*7 03*7 64*7 64*7 BM7 I ££2?£»!nL 15*2 nm mn 7 IM7 IM7 1W US IM7 IMT 10*7 IS*7 10*7 16*7 17*7 17*7 1607 I StA EKOtAVOUR WSW 26*6 17*7 22*7 21*7 22*7
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      572 30 JAPAN/HONQKONO/STRAITS REGULAR LOADING FOR PORT KLANG/PENANG vessel wr store p buqanb pis pbi —SUSS w SU) 28 MAY "E™ j niport am M»r pwMnmiuii 1 any UMAY "allbi a_ amy n juw Ltvw »i hjuw njuw mjuw J TOLH)O n xjuw wjuw meliwautwa 1 "kjuT HJm~ I ORIENT VENTURE 17
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      1245 31 H STRAITS SHIPPING PTE LTD 10 Hoo CblM| Road *11-01 Koppol Tower* Singapore 0200 Tol: *****00 Fax: *****17 new guinea pacific uwg rinnnn of ch»na navigation co> CAROO DUE SAILS ESmOM C J MACAW-22 yKOKKK.SkM.TM 24-28** »M«¥ 27 M* mmmm ija—MUIKICITBWWWW QIMMA C JMA6A M-32 VKOIE MMa.llfe.lO( 20-27n*1 20Mtay STOUTS
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      1742 31 P/ItO Ponts)lllPr<i (Singapore Agencies) Pte Ltd 10 Ho« Chiang Road, #07-01 keppel Towers, Singapore 0208 First Class Connections WORLDWIDE s 2 P> PNOCSr F 2 5327/222 7517 EXPORT IMPORT vcaan. voy i<mo wo BR sou amt not nam oot mi lih vessel voy zee oot not ham aw sou in
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      538 31 OUTWOUSM) MB. W JOH|SM|HKB MO 1W I BEE YOK TOR MAfi KM 0M MOJ MIS SEARMGMAMM 21M 2MI MM I 2HMII 3MB Ml MM MM I7M SIM 12M Ml LEOtOES AMM Ml Imml Ml MM WAN W 215 AMIS MM MM ~27M I SMIM IMM MM PM MM HW WM
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      1129 32 $GP ROM HB6 THP ANW IHV LHV ANW TMP HBG ROM P*L SGP E REWARD RW-013 Z7/B 1M 1M 20* 21/1 E. GENTLE RE OM 2/5 sfl M W 2M 31« E RI6HT RW-811 3/t ZM 2M 27* 21/7 E. GREET RE-049 7/8 11/5 1/5 12* «/5 M 7* E
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      792 32 TT97TTVnrTT^Hfe 1 PBWIAN QUIT SERVICE _____WOT KP out AWJ OHM MN KWT IM nstSlZ SS nm mm mm mm mm imi Hf2T2E££n 22! ,MI mm im* IWB i%m mm tm (M CORONA «»«2W ISM SH iUI ?7« 2WM 2MB 2IM W also AcctrrMß fclto ooha^shamah.aamMwim m«cati—awwom> .ctwmmowmuohaw wrrwviadaamamialioocgmwGare**cco B MAURfnUS/SOUTH
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      619 32 B RICHFIELD MARME AGENCIES (S) PTE LTD TEL: *****33 (12 LINES) Z FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO: **********0E m ETHIOPIAN SHIPPING LMES f (NaUooal Line* of Eittopfa)' ACCEPTING FCL AND CONVENTIONAL T""" Voy ETA LowNng tor I Spore AtotoayWom 44W8 08/07 Andtoat 40WB 18/06 Wnmhin,
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      2525 33 EUROPE EXPRESS* HBS raiwraK,ROTTBHMM I' AND HAMMM Slft»*rt l Sfirtl Af«»fl Til (Bmril) 2tHttt Ssllt/lllH»l *t—*l °*FJ COS TA R SHIPPING PTE LTD f ('"•"IJ c#»(«/w ttttm/tu omnir tn an. Www; onmm cmm/m? tnrii itSltowZriT-M T,i„ru3i cosmr c -nti—i *mtu £*22"! £mhmmh- <w;«« DIsI/J.T.JL,T CKHt *****IHH1H f„ ttlttu trfkUH t*
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      781 33 (j£ FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 UNES) GOTHENBURG/SCAN 29/05 10TTER0AM I AARHUS/COPENHAGEN 29/05 HAMBURG/BREMEN 26/05 MARSEILLE/FRANCE 30/05 FELIXSTOWE/UK 29/05 BARCELONA/SPAIN 31/05 LEHAVRE/FRANCE 26/05 GENOA/ITALY 27/05 ANTWERP/BELGIUM 26/05 LOS ANGELES/WC/IPI 26/05 SYDNEY/MELBOURNE 36/05 NEW YORK/EC 26/05 FREMANTLE/ADELAIDE 26/05 VANCOUVER 26/05 BRISBANE 26/05 TORONTO/MONTREAL
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      1019 36 ■■ESSSSMH^Z^hmmheixixehh^Ml VESSEL WOV SIN JKT VESSEL VOY S4N P€N WANA BHUM 27SS Thu lln P. Sun 28/5 BUNQA SEROJA 507* Sun 28/5 Tg_JjO/S_ VKSEL VOY «H BKK VIRA BHUM 133S Men 2t5 Tl, IT I^_ JV5_ ■|Y ANTRA BHUM 86N Thu In Pt Sun 2*5 BHATRA BHUM 575 wiTlvT" S*
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      839 36 79 ANSON ROAD, #21-01, SINGAPORE 0207 TEL: *****02 FAX: *****67 CR i **********0N <TRAIT> SHUTTLE SERVICE PORT KLANQ PENANG VESSEL VOY SW 1 PKL VESSEL VOY m PBt SEA LAUREL 390N 256 (THU) 265 tRi Ma CONVEYOR 5030 246 (WED) W5 (FRI) EAGLE 6REEZE J®* 256 (THU) 276 (SAT) XOURJAYA
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      611 37 i BSA aTI i lIiII i■ i iii i\m MYANMA fBA FIVE STAR LINE (Myanmar National Line) \W Loading for Yangon (Rangoon) Spara P.Ug PEN P.Gdg sittwe WE $L 0 PATHEIN VI32W SID PAGAN V226W 2MB MALAYSIA AGENTS: 60USTEA0 SNIPPING AGENCIES HJL TEL 62-63-***** M PKL: TEL K-63-37M161 PEN: TEL
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      1049 37 ADVANCE CONTAINER LINES (PTE) LTD A 140 CscM Street, #12-00, PIL Building. Stnaaoora 0106 TEL: *****21, FAX: *****10. TELEX :RS ***** ACLPL CR NO. **********0E T I w i I i WAMUT (THAI FLAOI IMMICT lIM I MAO* I («fc<T»l/M (fc«6 O*W I KQTARAKW WKYt»I tint (Ha| MMW (WO* WOTAIABAB
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      833 37 IBttlliH I CR NO: *****66Q000Z VESSELS W LE HAVRE HAMBURG THAMES ROTTBtfXUMI ANTYDERP VILE 06 NORMA NOBW 31A» 2CVO6 22/06 341U 2UK 2MB VtIEDECARWA COBW 06(06 27/06 2B*M 01/07 02/07 0307 VRJJE DC SAGOTA SOBMf 13/06 04/07 06/07 oa/07 08/07 MVO7 VUX D* AQCWLA AQ9W 2iyoe 11/07 16/07 16/07 17/37
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      718 38 AFGHANISTAN M&M Afghanistan Ltd., ■kJH ■kJH Hairatan, Torghundi, Islamqala (Doqharun) uWmocmWm c.i.s./russia: Alma Ata, Ashkhabad, Baku, Dushanbe. 1 Irkutsk. Khabarovsk, Krasnoyarsk. Korsakov, Moscow, MlinZef a MUnCTI Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE to WEST COAST SOUTH AMERICA ALSO
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      334 38 MMM MN CONTAINER LINES, INC 11 -I Ag»rt»: MAC-HEL3 SPORE: *****22 (24 UHEI) PEHANQ: (04) *****6 BANGKOK (682) *****87 MAMLA (632)*****61 P. MELANQ: (03) *****77 JAKARTA; (21)*****07 SURABAYA: (31) *****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE I 2K 2W 2K mSS |j M Ui w 5 6/6 hkg?kk!*fmchh LiWFIx/Rtm/AnWtaiWleh 27/5 28(5 29/5
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      571 38 STRAITS/JAPAN/STRAITS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS jjja [n* frtt UMMMKM vtssa vot aw n •KWfTVfM 147 15/$ 17/5 NUARASI/S ti ANmmmmm t i/» lUCHMG4/A. nduui 7/* a 10/4. NAGOYA 17/4 TOKYO n/iWMN 14/4 OtOTUY 7 1/4 SUKAAAYA 4/4
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  • Page 39 Miscellaneous
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      128 39 REGIONAL WEATHER LEGEND. R Temperoture c y^\ Weather -S Wind d*ection with speed in knot* Rein Wo»« height Cloudy Sky Swrfoce winds ore indicated by orrows which tty with the wind Q One fuH circle represents calm of light and vonabi* winds 1 One half Heche represents 5 knots L_
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      185 40 EASTERN CAR LINER) MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UP TO 80 TONS LOADING FOR SURABAYA/BONTANG MA/ "ORIENT LILY" VOY 8 ETA SPORE 1 2 JUNE 1995 FOR BOOKINGS ENQUIRIES, PLEASE CONTACT KRIS LIM TEL: 326 4276 Hal Sun Hup Go (Pte) Ltd As agent For ECL. Tel:
      185 words