The Business Times, 26 May 1995

Microfilm: NL19983
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES we know aha: MITA(P) 194/12/94 Friday May 26 1995 83*-
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow down 31 points
      61 1 Reuter NEW YORK Blue chip stocks dropped sharply yesterday as Wall Street worried that the economy may be slowing at a faster-than-expected pace. At 2pm EDT, the Dow was down 31.12 points at 4,407.04. At 1 pm, in the broader market, declines beat advances 12-8 on
      Reuter  -  61 words
    • Article
      Lock icon B&C creditors get further payout
      32 1 Reuter LONDON Creditors of British Commonwealth Holdings and its B&C Group Finance subsidiary will get another £200 million, after a High Court ruling yesterday, company administrators said.
      Reuter  -  32 words
  • Article
    MARKET SUMMARY
    167 1 Stack market indices Thursday Change STII 2,172.08 -0.61 KLSEComp 1,039.71 +12.96. Nikkei 15,579.44 -391.31 Hang Seng 9,390.60 +132.42 SET Index 1,390.42 +14.06 Jakarta Comp closed Manila Comp 2,780.73 -18.22 Taipei WPI 5,618.99 -26.72 Seoul Corap 862.18 +13.55 Bombay BSE30 ..3,216.46 -12.9 CLSA China B 778.80 3.65 Aust All
    167 words
  • Article
    Telecom's profit growth dented by cuts in IDD rates
    574 1  -  Net earnings rise 10.3% to 1.3 billion By Genevieve Cua SINGAPORE Singapore Telecom yesterday reported slightly slower-than-expected net earnings growth of 10.3 per cent to $1.33 billion for the year ended March 31, dented by IDD rate cuts in the second
    574 words
  • Article
    Prices of bids for 99-year bungalow sites fall 30%
    432 1  -  By Abdul Hadhi SINGAPORE The estimated market value of 99-year-leasehold bungalow land has plunged by more than 30 per cent this month, going by the result of a Housing and Development Board tender for 52 such parcels in Woodlands. The highest
    432 words
  • Article
    Volatile regional markets get big boost
    166 1 SINGAPORE Three regional markets hit six-month highs yesterday, as funds shifted money out of safer markets into those that are traditionally more volatile. Analysts said that as the medium-term outlook for equities appears to be increasingly positive, investors are transferring their money out of
    166 words
  • Article
    Currency turmoil produced no big loss in reserves: BG Lee
    342 1  -  By Chuang Peck Ming SINGAPORE The country's foreign reserves suffered no big loss from the sharp movements in US dollar and Japanese yen in recent months. Deputy Prime Minister Lee Hsien Loong told Parliament yesterday. "Overall, we have not suffered
    342 words
  • Article
    Lock icon Mass amnesia sets Emperor boss free
    169 1 Reuter HONGKONG Prominent Hongkong businessman Albert Veung walked free yesterday as amnesia struck witness after witness in a trial over charges of criminal intimidation and false imprisonment. Magistrate Paul Kelly said Yeung, 50, chairman of the Emperor Group, had no case to answer after
    Reuter  -  169 words
  • Article, Illustration
    Thaksin eyes ministership, cuts stake in own firm
    394 1  -  Reports from Loh Hui Yin in BANGKOK WITH his sights trained on securing at least a cabinet post after the July 2 polls, telecommunications tycoon Thaksin Shinawatra has reduced his stake in his company, Shinawatra Computer and Communications (SC&C). After divesting two
    394 words
  • Article
    Election fever hits Thai bourse
    370 1 ELECTION fever has hit the Thai stock market, resulting in a surge of local speculative buying in stocks linked to political parties. That and strong foreign buying interest propelled the Thai stock market to a massive 23 billion baht (SSI.3 billion) in turnover yesterday, after
    370 words
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      247 1 @[|\"{;-]><]=*/:"/}<{,")@|_|]<{ S pore New 2 S"pcre*sa .13.14,15 Regional News *4.5 Financial 17,18 World News 8 A££T"* 11 aSK. SIS 22-24 Editor ul 10 R««»nal JO Sports 1 World 21 TV/Litest* 9 Currencies 18 MmHeag y Smw/Commo .18.19 SotocriptiM TeJ 1800-*****77 Fax *****75 VT Tel *****18 F» *****71 *****111 l 8"*****1
      247 words
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      Page 1 Advertisements Column 2
      27 1 Advertising: Pg 6 Dunhill cashes in on Asia Shanghai city booms again after a 46-year slumber, Pg 11 World Trade Organisation chief comes to S'pore, Pg 12
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      Page 1 Advertisements Column 3
      18 1 Hock Lock Siew: pg 13 SIA is still flying high Oxley Rd units fetch good prices, Pg 2
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      8 1 Regional markets, Pg 20-24 Parliament report, Pg 2
      8 words
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      80 1 4-TYCH GROUP TRASSPORTATION WAREHOUSISG SPECIALIST SISCE 1955 \YPUR PARTNER IN jrpTAL LOGISTICS 862-2828 (20 LINESp" FAX: 861-6366 Bottom Line: Pg 12 Economic reforms in India JSBB m mm m F f IV I JH J v. I S WBB^^^Kl^B 9 j^M|^fe>:»a»J|y f V *> fl| I b I Vlß** f*i.
      80 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Manufacturing output growth to slow
        303 2  -  By Ven Sreenivasan AFTER slower growth in the first quarter, economists have scaled down their estimates for manufacturing output this year. Several research houses have changed their growth forecasts to between 8 and 10 per cent, from earlier projections of about 10 to 12 per
        Source: EDB  -  303 words
    • Article, Illustration
      Hotel room rates to remain stable despite bigger supply
      574 2  -  By Agnes Wee HOTEL room rates will hold steady in the next two years even with the addition of some 9,600 new rooms to the current stock of 25,400 rooms, say hoteliers. They are bracing themselves for stiff competition as these
      574 words
    • Article
      Oxley Road units fetch surprisingly high prices
      386 2 THE buyers of three small apartments at Oxley Road paid unusually high prices for them at an auction yesterday. The 936-square-foot, twobedroom apartments at Bee Hwa Court went for between $1,656 psf and $1,816 psf, comparable to prices of about $1,700 psf fetched
      386 words
    • Article
      Inter-Continental hotel incurring $240 m in start-up costs
      293 2 THE new Hotel Inter-Conti-nental in Bugis Junction, which will open for business on July 19, is incurring a start-up cost of $240 million or about $591,000 per room. This is on the high side, according to a couple of hotel industry consultants
      293 words
    • NEWS ROUNDUP
      • Article
        Man jailed in stolen share scrip case
        105 2 A MALAYSIAN cleaner was jailed for six years yesterday for his part in a case involving $76 million worth of stolen share certificates even though he claimed he received only about $6,000 for disposing part of the loot. Lim Seng Soon, 37, was
        105 words
      • Article
        SCV signs up US govt programme
        62 2 SINGAPORE Cable Vision (SCV) has signed up Worldnet, an educational programme by the United States government, as part of its 30-channel package to be launched next month. SCV said in a statement yesterday that Worldnet offers quality programmes not offered by commercial programme providers.
        62 words
      • Article
        TDB to open branch office in Hanoi
        75 2 SINGAPORE'S Trade Development Board (TDB) will set up a branch office in Hanoi next month. The office will be the TDB's second in Vietnam. The first one was established in Ho Chi Minh City in 1993. Yesterday, the TDB said it had appointed
        75 words
    • Article
      Aussie developer seeks second industrial site
      147 2 LEND Lease Corp, the Australian company developing the Admiralty Industrial Park at Woodlands, wants to buy another industrial site here in the next 12 months and expects to spend about $100 million in the process. The company's chairman Stuart Hornery in Singapore to attend
      147 words
    • Article, Illustration
      Contemplation case hogs parliamentary session
      602 2  -  In Parliament Yesterday By Ramesh Divyanathan THE Flor Contemplacion case took centrestage in yesterday's parliamentary session as some Members of" Parliament expressed reservations over the way the government had handled Singapore-Philippine relations. But no one doubted that justice was meted out to Contemplacion and that
      602 words
    • Article
      More flexible shipping law passed
      61 2 AN updated and more flexible law that promotes Singapore as an international maritime hub will come into effect with the passing of the Merchant Shipping Bill yesterday. Among other things, the new Merchant Shipping Act shifts detailed administrative and procedural provisions to subsidiary legislations so
      61 words
    • Article
      Small claims tribunals get wider powers
      39 2 SMALL claims tribunals will have wider jurisdiction. The Small Claims Tribunals (Amendment) Bill, passed yesterday, will increase their monetary jurisdiction from $2,000 to $5,000 and widen the categories of claims they can hear.
      39 words
    • Article
      Building controls for three stat boards
      69 2 THREE statutory boards currently exempted from submitting building plans for their projects to the building authority for approval will come under an amended Building Control Act approved yesterday. Among other things, independent building control units will be set up in the Housing and Development
      69 words
    • Article
      Govt allowed to borrow more
      41 2 PARLIAMENT has increased the government's borrowing power, raising its limit from $6 billion to $10 billion under the Local Treasury Bills Act. The increase is partly due to a greater demand for treasury bills by banks.
      41 words
    • Article
      PUB Bill tabled
      62 2 THE Public Utilities Bill, which will pave the way for the privatisation of the Public Utilities Board's power and gas units, was tabled yesterday. Five other bills were also introduced. The Companies (Amendment) Bill, the Jurong Town Corporation (Amendment) Bill, the Regulation of Imports and Exports BUI,
      62 words
    • Article
      Bank of England switches tactics to get notes on Barings debacle
      337 2  -  By Conrad Raj THE Bank of England has begun discussions with Singapore on the exchange of notes and documents on the Barings affair after it failed to obtain a court order for the papers. This was disclosed yesterday by
      337 words
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      47 2 jU.. f*]l SH The sign of excellence SSIF W ?3 r r -fa •-v Her World -Its your work! too! I jf c (i drink that i I ilown ii'dlli/ null with i/our nndl W i tri/ a hottlc of 0// na > 111 AV i fl M
      47 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Malaysian economy grew 9.8% in IQ, says broking firm
      450 3 AFP KUALA LUMPUR Malaysia's economy grew by an annual rate of 9.8 per cent in the three months to March, underpinned by buoyant exports and domestic demand, but inflation was still under control, the country's top brokerage said yesterday. Manufacturing continued
      AFP  -  450 words
    • Article
      Lock icon Manila to raise Spratlys issue at Asean regional forum: official
      248 3 AFP MANILA The Philippines will raise the issue of Chinese activities on a disputed reef in the South China Sea during an upcoming meeting sponsored by Asean, a senior Philippine diplomat said yesterday. The move to discuss the issue at
      AFP  -  248 words
    • Article
      Electrolux starts up Vietnam's Ist refrigerator plant
      253 3  -  By Harish Mehta SINGAPORE With the onset of the Hanoi summer, Sweden's Electrolux, a world leading producer of household appliances, has set up Vietnam's first refrigerator factory in cooperation with a Vietnamese firm. The plant, located 100 km from Hanoi in Nam Dinh,
      253 words
    • Article, Illustration
      Lock icon HK may win race to launch interactive TV on commercial basis
      369 3  -  By Arthur Lim SINGAPORE Hongkong may pip its Asian neighbours in launching interactive television on a commercial basis if current developments bear fruit early next year. According to Oracle Corp director of business development Zuan Lim, Hongkong Telecom is
      Photo by Arthur Lee  -  369 words
    • NOTE BOOK
      • Article
        Lock icon Asean police to boost cooperation
        75 3 Reuter JAKARTA Asean police chiefs meeting here have agreed to boost anti-crime cooperation but failed to agree on an Indonesian proposal for a regional extradition treaty, the official Antara news agency said yesterday. A three-day meeting of Aseanapol, the Asean police organisation, ended on Wednesday.
        Reuter  -  75 words
      • Article
        Lock icon Investments in Vietnam hit potholes
        79 3 Bloomberg Business News HANOI Foreign investment projects in Vietnam are not getting approval for land use within official time frames. The Vietnam News yesterday reported that this was despite changes by the State Committee for Cooperation and Investment to approve land use within a 30-day
        Bloomberg Business News  -  79 words
      • Article
        Lock icon Myanmar, Thailand, India ratify pact
        54 3 Reuter YANGON Myanmar, Thailand and India have ratified an agreement establishing a junction point delineating their territorial waters in the Andaman Sea. Yangon's state-run media yesterday said representatives from the three countries exchanged instruments of ratification of a 1993 agreement establishing the offshore junction point
        Reuter  -  54 words
      • Article
        Lock icon Thailand to face huge labour shortage
        55 3 Bernama BANGKOK Thailand is expected to face a severe labour shortage in the next seven years, due to its fast-growing industrial sector. The Industrial Estate Authority of Thailand yesterday said it was expected that Thailand would face a labour shortage of up to three
        Bernama  -  55 words
      • Article
        Lock icon More tourists visiting Philippines
        76 3 Reuter MANILA Tourist arrivals in the Philippines grew by 17.6 per cent year-on-year in the first quarter of 1995. The state-run Philippines News Agency yesterday attributed the rise to the visit of Pope John Paul II and the hosting of World Youth Day, in January, as
        Reuter  -  76 words
    • Article
      Lock icon Jardines buys 25% stake in major Indon auto dealership
      133 3 AFP HONGKONG The motor trading unit of Hongkong's Jardine Matheson Ltd is taking a 25 per cent stake in one of Indonesia's biggest vehicle dealership groups. Jardine International Motor Holdings Ltd yesterday said it was spending US$2B million (Ss39 million) to
      AFP  -  133 words
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      37 3 9 I The Meistonludt 149 Fountain Pen ond Inkwell Bolb pen ond inkwell con be pefsonolly engraved Al MonlbJanc Boutiques and Auitwosed Deole»s wwidwtde MONTBLANC BOUTIQUES Singapore: Ngee An" Crty 01 3 2 °n< All Montblanc Authc
      37 words
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      35 3 "To write is to write, is to write, is to write, is to write, is to write, is to write, is to write." 6*-"tide Stem MONT* BLANC THE ART OF WRITING 8* s MONTBLANC CORNER:
      35 words
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  • CHINA/HOWGKONG /TAIWAN
    • Article
      Lock icon Oversupply causes Beijing property sales to slow down
      306 4 AFP BEIJING Beijing's property sales slowed in April as projects launched during the construction boom of recent years came on line, creating a market oversupply, the China Daily quoted analysts as saying yesterday. The China Real Estate Index (CREI) of property in
      AFP  -  306 words
    • CHINA WATCH
      • Article
        Lock icon Deng study programme launched
        115 4 AFP BEIJING China yesterday launched its first national programme to study the works of Deng Xiaoping, a move adding to a range of tributes to the ailing 90-year-old patriarch. The Communist Party's central committee published a circular announcing that the "important programme" was being disseminated to
        AFP  -  115 words
      • Article
        Lock icon Asia Standard to sell Guangzhou flats
        67 4 Bloomberg Business News HONGKONG Property developer Asia Standard International Group Ltd said it stood to collect HK575.6 million (S$ 13.6 million) for 252 apartments in Guangzhou. The sales are encouraging enough to warrant selling another one or two bigger buildings, Asia Standard's chairman Clement
        Bloomberg Business News  -  67 words
      • Article
        Lock icon Lanka to let Taipei open trade office
        85 4 AFP COLOMBO Taiwan can open a trade office in Sri Lanka provided it does not interfere with Colombo's "one-China policy", the foreign ministry said yesterday. In a letter to the private Sri Lanka Taiwan Economic Cooperation Association, the ministry said a Taiwan Chamber
        AFP  -  85 words
      • Article
        Lock icon Finance sector lost HK$8b to graft
        69 4 AFP HONGKONG Hongkong's anti-graft body has revealed that sums lost or put at risk by finance sector corruption in the 10 years to the end of 1993 exceeded HKS7.B billion (S$ 1.4 billion), a government prosecutor said yesterday. The audit was disclosed by director
        AFP  -  69 words
    • Article
      Fujian to step up development of its south-east region
      367 4  -  By Teh Hooi Ling SINGAPORE China's Fujian provincial government's strategic plan in the next 20 years is to step up the development of its south-east region, encompassing cities like Fuzhou, Xiamen, Zhangzhou, Quanzhou and Putian, to spur the province's overall economic
      367 words
    • Article, Illustration
      Lock icon Big Mac a big draw in Beijing
      55 4 Reuter BEIJING A Chinese worker at a McDonalds hamburger restaurant wiping dust from the face of a life-sized plastic curbside advertisement for the US franchise in east Beijing yesterday, Despite the relatively high prices, McDonalds has become very popular among tourists and th€
      Reuter  -  55 words
    • Article
      Lock icon Scepticism over China's database on firms
      170 4 Reuter NEW YORK In an effort to make China's economy less bafTling to the West, the Chinese government has logged financial profiles on some 300,000 companies into an enormous database now available to investors. China hopes the data, collected over the past two years
      Reuter  -  170 words
    • Article
      Lock icon Boom-bust economic cycles far from over in China
      338 4 AFP BEIJING Even if China meets this year's inflation targets, it is far from solving the underlying problems causing the boom-bust cycles that have characterised its 15 years of economic reform, analysts say. "Inflation in China is a long-term problem. Now we
      AFP  -  338 words
  • ASIA
    • Article
      Lock icon Hindujas to set up 32-channel cable TV network in India
      402 4 Reuter BOMBAY India's richest expatriate family, the Hindujas, are set to launch an ambitious five billion rupee (SS2IO million) media project in Bombay later this month, its group chairman S P Hinduja said. The new company, Induslnd Media and Communications
      Reuter  -  402 words
    • Article, Illustration
      Lock icon New Delhi's elephant walk
      50 4 Reuter NEW DELHI Elephants mingling with the traffic on a busy New Delhi street on Wednesday. New Delhi's roads are among India's most congested, with animals like cows, elephants and bullocks pulling carts adding to the traffic problems caused by the growing number of vehicles. keuter
      Reuter  -  50 words
    • Article
      Lock icon Indian govt's telecoms policy under attack
      266 4 AFP NEW DELHI India's main opposition party will spearhead a campaign against the Congress (I) government pegged on the alleged sell-out of the lucrative telecoms market to foreign firms, a newspaper said yesterday. The Economic Times said the Hindu-revivalist Bharatiya Janata Party (BJP) had
      AFP  -  266 words
    • Article
      Lock icon NZ budget will aim to spread the jam more evenly: analysts
      511 4 Reuter WELLINGTON New Zealand Finance Minister Bill Birch, in his budget on June 1, will attempt to spread the dividends of growing economic prosperity more evenly ahead of elections in 1996, political analysts and economists say. New Zealand has
      Reuter  -  511 words
    • Article
      Lock icon Taxpayers to pick up mounting tab for Sydney Olympics' shortfall
      290 4 AFP SYDNEY Private sector funding for the 2000 Sydney Olympics has not reached anticipated levels, leading to a reported As6oo million (SS6OO million) shortfall in costs to stage the Games. The newly-appointed minister responsible for the Sydney Olympics, Michael Knight,
      AFP  -  290 words
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  • THE WORLD
    • Article
      Lock icon Mexican economic recovery a fallacy
      426 5 Economy near collapse despite bailout, economists tell US senators AFP Washington Mexico's economy is teetering on the verge of collapse and accounts that a recovery is underway following the US$2O billion (5527.8 billion) United States' rescue package are misleading, US senators were told on Wednesday.
      AFP  -  426 words
    • WORLD WATCH
      • Article
        Lock icon No smoke without fire
        79 5 Reuter LONDON Tobacco smuggling is causing up to a third of legally imported cigarettes to "disappear" in Europe with the international cigarette companies benefiting at the cost of governments. Duty-free cigarettes are arriving in huge batches from the United States and then disappearing while being distributed
        Reuter  -  79 words
      • Article, Illustration
        Lock icon Shoes for a long walk to freedom
        48 5 AFP LONDON On show at Christies auction room the brown ostrich leather shoes that Nelson Mandela wore when he was freed from Robben Islan Prison, that are to go under the hammer later this week in aid of children's charities. AFP
        AFP  -  48 words
      • Article
        Lock icon Lebanese broker held in alleged fraud
        65 5 AFP BEIRUT A Lebanese broker has turned himself in to the police amid accusations of fraud involving US$BO million (SS 111 million). Ahmad Daouk, a former broker with the US investment and brokerage firm Bear Stearns, owns the Middle East Trading company whose clients
        AFP  -  65 words
      • Article
        Lock icon Tory support hits record low: poll
        68 5 Reuter LONDON Support for Britain's ruling Conservative Party has again hit a record low while the opposition Labour Party has built up an impressive lead, an opinion poll published yesterday said. The Mori poll for The Times said the Conservatives' rating dropped in the
        Reuter  -  68 words
      • Article
        Lock icon Syria agrees to framework for talks
        67 5 AFP DAMASCUS Syria confirmed yesterday that it had agreed a framework with Israel for discussing security arrangements breaking a deadlock in their negotiations. US Secretary of State Warren Christopher announced on Wednesday that the two sides had reached "a set of understandings on security
        AFP  -  67 words
    • Article
      Lock icon Be selective about new members, rich nations tell OECD
      507 5 Reuter PARIS The wealthy nations of the OECD have cautioned against a breakneck race to bring new members into their think-tank, arguing that the club's strongly held principles could be at risk if it was no longer exclusive. Ministers at the
      Reuter  -  507 words
    • Article
      Lock icon British MPs call for tougher regulation of Lloyd's
      238 5 Reuter LONDON British Members of Parliament said yesterday a system of external regulation should replace self-regulation at Lloyd's of London to restore confidence in the loss-making insurance market. "We recommend that legislation should be introduced to transfer to an independent body responsibility
      Reuter  -  238 words
    • Article
      Lock icon Senate okays spending cut bill despite Clinton's veto threat
      310 5 Reuter NYT WASHINGTON The US Senate passed a US$l6.4 billion (5522.8 billion) spending cut bill, sending it to the White House where President Bill Clinton has vowed to veto the measure. The Republican bill was passed 61-38 yesterday. The House gave
      Reuter; NYT  -  310 words
    • Article, Illustration
      Lock icon For the blood thirsty
      56 5 AFP BUCHAREST A vendor arranging bottles of blood-coloured "Dracula's Spirit"' vodka marketed as "original vampire's delight" here at the opening of the first international Dracula congress. Public reference to Dracula was banned in Romania by late dictator Nicolae Ceausescu who was nicknamed the "Dracula of the
      AFP  -  56 words
    • Article
      Lock icon Orange County can file for bankruptcy, its fund can't: judge
      357 5 NYT NEW YORK In a prece-dent-set ting ruling in the evolving area of municipal bankruptcy law, the federal judge handling the Orange County case ordered the dismissal on Wednesday of the county investment pool's bankruptcy case. The dismissal, which did
      NYT  -  357 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      102 5 Mexican banks hiding bad loans: US senators, pg 17 Lloyd's US trust funds short of USs7b to cover liabilities, Pg 18 1 i 1 i .'-A i i W v.\ 1 I v 1 I i v v '///^5 Practice makes perfect. "Best Hotel in the World IQQ4 "inhuman**** "Hotel
      102 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Dunhill finds Asia a lure
      567 6  -  Richard Cole, regional director of Alfred Dunhill the company in the business of spoiling men tells Michelle Low about its rich pickings in Asia Michelle Low Dedicated as it is to "spoiling men", luxury British retailer Alfred Dunhill has found rich pickings in its Asian
      Photo by Arthur Lee  -  567 words
    • Article
      Lock icon Consumers give top marks to Japanese, US, German goods: survey
      378 6 UPI GOODS manufactured in Japan, Germany and the United States earned the highest marks from consumers across the globe, a poll by the advertising agency Bozell Worldwide and the Gallup organisation reported on Tuesday. The second annual survey of 20,000
      UPI  -  378 words
    • Article
      Henen teams up with 16 to form global alliance
      245 6 Homegrown Henen Advertising has signed on 16 affiliates from eight countries to form what the agency calls the Henen International Strategic Alliance (HISA). One of its affiliates, Cor.e Systems Pte Ltd. is also close to creating a joint venture with UK
      245 words
    • Article
      Lock icon Small firms win contracts for high-tech marketing
      424 6  -  Many corporate giants are shunning big ad agencies to get onto the info highway, reports Harry Berkowitz Harry Berkowitz AP WHEN Reebok decided to market itself on the global computer network called the Internet, the sports shoe company turned for help not to
      AP  -  424 words
    • COPY LINES
      • Article
        Batey gets Taiwan Merc account
        52 6 SINGAPORE The Taiwanese Mercedes-Benz account has moved from BBDO to Batey Ads. Appointed by Mercedes-Benz distributor in Taiwan Capital Motors Inc, the Singapore-based Batey group also services the account around Asia and mainland China. Batey last year racked up group billings amounting to US$l96 million
        52 words
      • Article
        Leo Burnett names new creative head
        68 6 SINGAPORE Leo Burnett has named a new creative director, following the relocation of Jamie PfafT to the agency's Hongkong office. Martin Lee takes over as creative director for Leo Burnett Singapore, having spent two years at the Taiwan office. Mr PfafT has been promoted
        68 words
      • Article
        Lock icon Aussie campaign to air tourist charms
        65 6 UPI SYDNEY Come September, Australia will mount a As 72 million (Ss72 million) international campaign to promote its tourism charms in preparation for the Sydney 2000 Olympic games. In the largest television campaign ever undertaken by the Australian Tourism Commission, advertisements will be aired
        UPI  -  65 words
      • Article
        Lock icon TV firm to pay for ad rates mistake
        75 6 Reuter SYDNEY Television broadcaster Seven Network Ltd's 1995/96 revenues will be hurt by an advertising rates mistake given a low level of forward bookings at low advertising rates. The Australian newspaper reported. Seven said the ad rates situation would not have a
        Reuter  -  75 words
      • Article
        Lock icon Coke in US$10m joint ad campaign
        62 6 Bloomberg Business News ATLANTA Coca-Cola Co is wooing young customers this summer with a joint promotion with Ford Motor Co and Woolworth Corp's Footlocker unit. The soft-drink giant said it would spend about US$lO million (Ssl4 million) in advertising this summer to support the
        Bloomberg Business News  -  62 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      389 6 SINGAPORE PRESS HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of Members of the Company will be held at 82 Genting Lane, News Centre, Singapore 1334 on 22 June, 1995 at 11.30 am for the purpose of considering and if thought
      389 words
    • Advertisement
      Page 6 Advertisements Column 2
      41 6 O J? LF IN A/e 4 703 H c/ Dalai Oar Goll Club Dorothy Banyan IYes Phukel CCftf/itf; C/ufc j Sv C *****22 7) C^^p R VEL 1645 #22-01 Ngee Ann City Tower A, 7~ Singapore 0923 rrfrr incTuAnratmrr',;. >iw. tmm^tmvrn
      41 words
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  • SPORTS
    • Article, Illustration
      Lock icon South Africa trounces Australia
      597 7 Rugby World Cup Reuter CAPETOWN South Africa produced a performance worthy of the occasion to trounce defending champions Australia 27-18 in the opening match of the Rugby World Cup at Newlands yesterday. Watched by President Nelson Mandela and an almost disbelieving home crowd, the Springboks wrecked
      Reuter  -  597 words
    • Article
      Lock icon France fields strong team against Tonga
      586 7 Reuter PRETORIA France has taken no chances in its Rugby World Cup Pool D opener here today by naming a strong, experienced side to meet Tonga. "As far as I'm concerned, this is the best team we can put out," said French coach Pierre
      Reuter  -  586 words
    • Article, Illustration
      Lock icon Tyson picks McNeeley to return to the ring in August
      693 7 NYT LAS VEGAS In his first news conference in more than three years, Mike Tyson answered some questions and deflected others while confirming that his return to boxing would come on Aug 19 against a wild-swinging heavyweight named Peter McNeeley.
      NYT; AFP  -  693 words
    • Article
      Lock icon Berlusconi, AC Milan say ciao to good fortune
      412 7 AP VIENNA Battered in the political field and investigated for kickbacks to tax officials, Italian media tycoon Silvio Berlusconi suffered the final insult on Wednesday night as his team, AC Milan, lost the 1995 Champions Cup final to Ajax Amsterdam. The Milan
      AP  -  412 words
    • SPORT SHORTS
      • Article, Illustration
        Badminton
        173 7 LAUSANNE, Switzerland World championships Wednesday Men's 4th rd: l-Heryanto Arbi (Indo) b Vladislav Tichomirov (Rus) 15-8 15-7; 9/16-Lce Kwang Jin (SK) b Thomas Johansson (Swc) 15-13 18-17; 5/8-Yoko Suphanto (Indo) b Todor Vclkov (Bui) 15-10 15-3; 9/16-Dong Jiong (Chi) b Martin Lundgaard Hansen (Den) 17-15 15-7; 3/4-Poul Erik Hoyer-Larsen
        173 words
      • Article, Illustration
        Lock icon Basketball
        164 7 AFP AFP PHOENIX, Arizona Charles Barklcy was to go for a knee surgery yesterday. He will delay his decision on retiring from the NBA until after a six-week rehabilitation period. Barkley. who said he had played his last NBA game after Houston eliminated his Phoenix Suns from the playoffs
        AFP  -  164 words
      • Article, Illustration
        Cricket
        49 7 NOTTINGHAM, England West Indies, at the close after bad light prevented further play, were 76 for one off 19.5 overs in reply to England's 199 for nine in their first one-day international on Wednesday. Scores; England 199-9 innings closed (A Stewart 74), West Indies 76-1 oft 19.5 overs.
        49 words
      • Article, Illustration
        Cycling
        100 7 IL CIOCCO, Italy lour of Italy 11th stage (42-km from Pietrasanta to II Ciocco) Wednesday: 1 Enrico Zaina (Ita) Carrera Jeans-Tassoni 4 hrs 37 mins 36 sec 2 Nelson Rodriguez (Col) ZG Mobili-Selle Italia, s.t. 3 Gilberto Simoni (Ita) AKJ-Gi-piemme 1995, 22 sec behind 4 Giorgio Furlan (Ita) Gewiss-Ballan,
        100 words
      • Article, Illustration
        Lock icon Golf
        156 7 Reuter FORI WORTH, Texas Nick Price, the world's top-ranked player, emerges from a brief break from golf to defend his title at the Colonial tournament starting here Thursday. The 38-year-old Zimbabwean returns after a three-week holiday he claimed he needed to recharge his batteries. "I feel like I'm into
        Reuter  -  156 words
      • Article, Illustration
        Tennis
        195 7 NEW YORK John McEnroe slammed the chances of red-hot Thomas Muster to win next week's French Open despite the Austrian's perfect 28-0 match record on clay this year. "I'm not picking Muster because I've never seen him do anything in the big one," McEnroe said on Wednesday in a
        195 words
      • Article, Illustration
        Lock icon Yachting
        234 7 Reuter SAN DIEGO A sleek racing yacht that was to have been the symbol of a new Russia, but which never made it to the water, was purchased for U5525,000 by a Canadian sailboat broker using a credit card. The yacht Age of Russia, entered in the 1992 America's
        Reuter  -  234 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      280 7 I Singapore Press Holdings g S (Incorporated in Singapore) B fl I I ANNOUNCEMENT 1 il BONUS ISSUE OF UP TO 56,841,585 NEW ORDINARY SHARES 1 3 AND UP TO 574,157 NEW MANAGEMENT SHARES OF SSI.OO 1 I EACH ("BONUS SHARES") IN THE CAPITAL OF SINGAPORE PRESS g J HOLDINGS
      280 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      413 8 NAm* lin the +USAI WHERETO WINE D|NC and entertain TH€ MOST AUTHENTIC fTflUflN PfISTR PIZZA IN TOUJN AU-TIME ITALIAN FAVOURITES... TSBSR TO THE »STqK PASTA FRISCA DA SAUfATOU PTI LTD jCBtjT SI Iwl Qmv S(0104) (OfQI 24 HOWESJ'hfc *****13/53Z3811 (W^JT «133M141W MMni/MIOQTT^nV ISO Ordari lad SW» H«n brta Soft Iml
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      Page 8 Advertisements Column 2
      318 8 COSMOPOLITAN FARE 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 ft 3* GST $ve± IHRJIJ-VARI) HOTEL SINCAItWI- 20(1 UrclurU Houlcvanl Sinfi<**t 1024 Td 717 2911
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      Page 8 Advertisements Column 3
      277 8 I* "GOOD OLD *1 FASHIONED FUN. AT CLUB 5." English and Chinese all time favountes performed live'. Dnnking and dancing Fashion show every Monday and Thursday Happy Hours Monday to Friday, 5 pm-8 pm, with one tof one standard dnnks. Club 5. It s the place for good okJ fashion
      277 words
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      Page 8 Advertisements Column 4
      326 8 rai I J =^161 fancy 'Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian fin teijing dumplings, a selection fKIEF\ of set menus, and Beijing specialities such as 'Beijing 'Ducl(_. toaH&dTench and BBS®*! Marinated Lamb. Jancy some
      326 words
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  • LIFESTYLE
    • Article, Illustration
      Mingling of the old and the avant-garde
      557 9  -  Susan Tsang on some of the highlights of the Festival of Asian Performing Arts, which begins next month Susan Tsane WE'VE had a film festival which showed us that Asian cinema is alive and well. Now, the Festival of Asian Performing Arts, which
      557 words
    • Article
      Lock icon Hot Zone writer giving Zaire a miss
      329 9 CHATTERBOX NYT Reuter AFP AFP RICHARD PRESTON, whose book about the Ebola virus. The Hot Zone, has been on the New York Times best-seller list for 32 weeks, has no intention of going to Zaire, where the death toll from a new outbreak
      NYT; Reuter; AFP  -  329 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      184 9 WHERE TO WINE, DINE AND ENTERTAIN /^K; II M i I ISHSiSSS£gSssssj^lgi^^ (EatntlfUl j&teak Pouae Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1250+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736
      184 words
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      Page 9 Advertisements Column 2
      144 9 TSINGTAO BEER Standing tall with its Superb Flavour Tsingtao, a rich strong flavoured beer brewed with sparkling, spring water from the famous mountains of Laoshan. Its superb taste, praised and awarded the world over since 1963, quenches your thirst... revitalises your body... makes you agS feel good! II jMJMKRL Tsingtao,
      144 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1124 9 TV RADIO Singapore vs Tottenham Hotspurs, 11pm, Ch 12 /iW'l N Spurs ended lower than Not- *Wtingham Forest in the English League, but Gerry Francis' side KJH arguably more MJWm Jfl entertaining than Forest, who heat Singapore on Sunday. HV *H jbT Even without Jurgen KJinns- man. Spurs should be
      1,124 words
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  • Article
    Indonesia's nuclear debate
    492 10 INDONESIA'S Golkar party has pledged support for a plan by two environmental groups to hold a public debate on a controversial nuclear power plant project, even offering help to get them a permit for the event. The intriguing offer, made this week by senior legislators of the
    492 words
  • Article
    Shopping and price edge
    588 10 SO WELL KNOWN is Singapore as a shopping experience that, ordinarily, the point would not need to be laboured. But in the context of what Trade and Industry Minister Yeo Cheow Tong described last year as the retail sector's structural problems, it bears reiterating that no
    588 words
  • Article
    Timely bid for UN seat
    228 10 SINGAPORE'S decision to seek election for a non-per-manent seat in the United Nations Security Council is not only logical and timely, but also important. Being a small state, Singapore can play a role to bring to the fore the views and perspective of similar nations
    228 words
  • Article
    China's justifiable outrage
    85 10 CHINA'S sense of outrage over the United States decision to grant a visa to Taiwan President Lee Teng-hui is predictable and understandable. Beijing has always been hypersensitive on the issue of Taiwan, and jealously protective of the "One China" policy which is the main plank of its
    85 words
  • Article
    Birth of grassroots democracy
    110 10 GRASSROOTS democracy was officially born in Thailand over the weekend as more than a million voters throughout the country went to the polling stations to elect members of local administrative councils. This is a historic event whose long-term significance will far outweigh the outcome of the
    110 words
  • Article
    Getting the act together
    124 10 SOMETIMES complex problems can be solved using the simplest solutions. The seemingly escalating problem of ships illegally disposing sludge into Malaysian waters has been worsened by the fact that many of these ships escaped by merely sailing out of Malaysian waters and vanishing into thin air.
    124 words
  • Article, Illustration
    Lock icon Flexible wage is the goal
    1055 10  -  Chairman Lim Chong Yah discusses the National Wages Council's achievements and its future with Chuang Peck Ming Chuang Peck Ming WILL Singapore's open-door policy on foreign workers get in the way of workers' training and re-training? Are there better ways to tackle the stubborn labour
    Photo by Chris Loh  -  1,055 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      103 10 Wwk $atj QL or net to Ifyij when you can hold ifIBAHH^^H^HBHttX your H^HQ\ Seminars /\L—\—— /f\ •Meetings |^\f| Luncheons ExhibitionsVH^H|^r~RV^^H~^P^HHv Receptions Functions and I at the River View Hotel I Talks I I strategically located outside the CBD I J with close proximity to Orchard Road \mm and Shenton
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  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      32 10 LE-T'S GG.T out OF (CLEJRICAL, I THPsT'S &>UKW, I MERE.... WS -TVIPvT lOF CAPTIRIN MOOK P>r4D/ rt^stooSr) Vp***=x> y \the. cgocQDi L£ «AMOCUTTOI«WAI*WLTP, IWII POONESBURY GARRY TRUDEAU {VcAtffeeueve yaiPGtfr\ huh? r I
      32 words
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  • ANALYSIS
    • Article, Illustration
      Jewel of the East regains its brilliance
      2126 11  -  Asian INmSTOUCTUffi S N Vasuki finds signs all over Shanghai that the metropolis of 15 million people is back in business and giving HK a run for its money S N Vasuki CHIKASHI SAKURAI has a gleam in his eye when he talks
      2,126 words
    • Article, Illustration
      Pudong a growth centre in big hurry to take shape
      1038 11 FROM the Bth floor restaurant of the Peace Hotel, located on Shanghai's fabled Bund, Pudong appears like a mirage. What is visible beyond the misty Huangpu River is an ugly television tower and construction equipment as far as the eye
      1,038 words
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  • Article, Illustration
    Lock icon Protectionism not the answer to labour row: WTO chief
    571 12  -  By Vikram Khanna SINGAPORE Protectionism by industrial countries will "certainly not solve the problem" of inadequate labour standards in the developing world, according to the director-general of the World Trade Organisation, Renato Ruggiero. In an interview soon after his arrival here
    Photo by Wong Kwai Chow, The Straits Times  -  571 words
  • Article
    New sources of anxiety cloud Asia-Pac outlook: Jayakumar
    453 12  -  By Yang Razali Kassim SINGAPORE At least four new sources of anxiety cloud the otherwise excellent economic outlook of the Asia-Pa-cific, said Singapore Foreign Minister S Jayakumar. Heading the list is the dispute over the Spratlys in the South China Sea. Then,
    453 words
  • Article
    Lock icon China likely to top world in electronics output growth
    167 12 AFP TOKYO China's electronics industry is set to post the world's strongest growth in terms of output, averaging 11.3 per cent a year between 1993 and 2005, according to industry projections made public yesterday. This is followed by Malaysia, with average
    AFP  -  167 words
  • Article
    Lock icon China threatens new action over Taiwan president's visit to US
    276 12 Reuter AP BEIJING China yesterday threatened new reprisals unless Washington rescinds its decision to allow a visit by Taiwan President Lee Teng-hui, saying reunification with the Nation-alist-ruled island outweighs Sino-American ties. "If the United States does not return to the
    Reuter; AP  -  276 words
  • Article
    Lock icon Japan, US may hold air talks next month
    223 12 Reuter TOKYO Japan's Transport Minister and the United States Transport Secretary may meet next month to try to break a deadlock in bilateral aviation talks, a Japanese government official said yesterday. But Tokyo officials believe Washington could announce aviation sanctions against Japan
    Reuter  -  223 words
  • Article
    Profits at top Japanese city banks drop
    579 12  -  From Anthony Rowley in TOKYO JAPAN'S 11 major commercial or "city" banks have reported even less net business profits for fiscal year 1995 than a year earlier. On average, profit fell 13.6 per cent for the year ended March 31, compared to a
    579 words
  • Article
    Lock icon US home sales down 6.4%, job claims up
    186 12 Reuter NEW YORK A surprising 6.4 per cent decline in US existing home sales in April lends credence to the belief that the economy is continuing to lose steam in the second quarter, economists said. "It is all consistent with the view
    Reuter  -  186 words
  • Article, Illustration
    India's reforms may temporarily let up
    859 12  -  The Bottom Line VIKRAM KHANNA VIKRAM KHANNA The writer is BT's regional economics editor THERE'S no telling yet where the recent split in India's ruling Congress Party is going to lead. But one trend that is going to strengthen is the reshaping of the
    859 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        52 13 Mixed 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. W Can and S
        52 words
      • Article, Illustration
        HOT STOCK
        102 13  -  -By Paul Leo PACIFIC Carriers has been trading in a 15-cent range between $1.36 and $1.51 since February. Buy at yesterday's close of $1.39 for a possible test of the top side of the range. Daily Relative Strength Index is fast approaching 25 and will be oversold on
        102 words
    • Article, Illustration
      Parkway to pay Tenet US$274m for hospitals in Asia
      627 13  -  Acquisition of Australian operations pending approval By Catherine Ong SINGAPORE Parkway Holdings has agreed to pay US-based Tenet Healthcare Corporation US$274 million (Ss3B3 million) for its hospitals in Asia, and may also fork out a further US$63 million for the Australian
      627 words
    • Article
      New telecom player sees early profits
      375 13  -  Mobile One expects to be in the black three years after 1997 start By Genevieve Cua SINGAPORE Mobile One Asia, the consortium which has won licences to operate cellular and paging networks here, expects to be profitable in three years and to recover its
      375 words
    • Article
      Associates' losses to peak in 3 years: Telecom chairman
      218 13 LOSSES from Singapore Telecom's overseas investments are expected to peak in the next two to three years. "This is a function of the roll-out of major infrastructure programmes, for example in the' UK and the Philippines," said Telecom chairman Koh Boon
      218 words
    • Article
      SIA well placed to remain a great way to fly
      724 13  -  HOCK LOCK SIEW By Conrad Raj SINGAPORE Singapore Airlines appears well on its way to re-breaking the 1 billion profit level, which it last achieved in the financial year ended 1990, next year. All that the national carrier has to
      724 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Long Homes posts A$5.1m profit
          59 14 SINGAPORE Long Homes, Jack Chia-MPH's Australian subsidiary, yesterday reported net earnings of Ass.l million (Sss.l million) on a turnover of A$ 130.3 million for the year ended March 31. The company declared a final dividend of 2 Australian cents payable on July 15, taking the
          59 words
        • Article
          RDC takes 40% stake in Indian firm
          93 14 SINGAPORE Resources Development Corp Ltd (RDC) yesterday said it has entered into an agreement with India s Unitech Ltd and Comcraft Asia Pacific Pte Ltd to take up a 40 per cent equity stake in Unitech Prefab Ltd (UPL). UPL currently has a
          93 words
        • Article
          KL okays Compact Metal purchase
          76 14 SINGAPORE Compact Metal Industries Ltd yesterday announced that Malaysia's Ministiy of International Trade and Industry has approved the acquisition of 90 per cent of brick manufacturer Segak Kilang Batu Bata Sdn Bhd by its whollyowned Malaysian subsidiary, Compact Metal Industries Sdn Bhd. The acquisition is
          76 words
        • Article
          Lock icon Filinvest's 1st qtr profit soars 209%
          107 14 Bloomberg Business News MANILA Filinvest Land Inc, the leading developer of low-cost housing in the Philippines, yesterday said first-quarter profit jumped 209 per cent to 224 million pesos (Ssl2 million) on increased sales. The company said revenue grew 317 per cent to 280.6 million
          Bloomberg Business News  -  107 words
        • Article
          Corrections and clarifications
          51 14 IN OUR May 20 report headlined "JEL on verge of getting township masterplan contract", we identified the wrong company involved in the project. The company is not Jurong Engineering Ltd but Jurong Environmental Engineering, which is a subsidiary of Jurong Town Corporation. We are sorry for the
          51 words
      • Article
        Untitled
        517 14 Ill Ml Hill' pirn ID May 26 Sh Greater China Fd 1.00 (J Mendaki Gr Fund 1.03 1.06® Singapore Unit Trnst us Gr Fund 1.02 1 06" The Commerce 1.S9 l.68xd ||AB l.ut Ms* IM The Savings Fund 1.53 1.62 S'pore Prat Fund 0.62 0.66 Unifund 1.465 1.532 S-pore Sec
        517 words
      • Article
        Lock icon Decision on Guthrie's Indon oil palm venture by year-end
        234 14 Bernama KUALA LUMPUR The decision by Kumpulan Guthrie Bhd to open up oil palm plantations in Indonesia will be known by the end of this year, chief executive Khalid Ibrahim said yesterday. He said the company was carrying out studies on
        Bernama  -  234 words
      • Article
        Tenaga net interim profit jumps 22% to M$796m
        472 14  -  From Ruth Wong in KUALA LUMPUR UTILITY company Tenaga Nasional Bhd has posted a net interim profit of M 5796 million (***** million) for the period ended February 28, 1995, 22 per cent higher than the previous year's Ms6so million. This gives
        472 words
      • Article, Illustration
        Associate firms boost WBL 1st-half profit to $5.2 m
        391 14  -  By Quak Hiang Whai SINGAPORE Technology and property group WBL Corp lifted net earnings 178 per cent to $5.26 million in the six months to Mar 31, 1995. The rise was due mainly to the better performance by associated companies the
        391 words
      • Article
        Lock icon Ayala ready to face competition from new breed of entrepreneurs
        385 14 Reuter MANILA The head of Ayala Corp, one of the Philippines' oldest and most well-en-trenched corporations, said yesterday he welcomed competition from a new breed of aggressive entrepreneurs, notably Chinese-Filipino businessmen. "There's room for everyone. I personally welcome them," said
        Reuter  -  385 words
      • Article
        Lock icon Barings to take up 12m YTL shares
        208 14 AFP KUALA LUMPUR Baring Securities Ltd is to place 12 million new shares of Malaysian construction firm YTL Corp Bhd with foreign investors to fund YTL's prospective tourism and infrastructure projects, officials said yesterday. British-based Baring Brothers Ltd signed an agreement on Wednesday
        AFP  -  208 words
      • Article
        T A Securities to float some M'sian companies on ASX
        434 14  -  From Florence Chong in SYDNEY THE Australian arm of Malaysia's largest stockbroking firm, TA Securities, is planning to float a number of "small to medium" Malaysian companies on the Australian Stock Exchange. The firm, which began trading on the ASX
        434 words
      • Article
        Vincent Tan's Mutiara first to start PCN service
        409 14 SINGAPORE Privately owned Mutiara Telecommunications Sdn Bhd, controlled by Berjaya Group's chairman Vincent Tan Chee Yioun, has become the first Personal Communications Network (PCN) operator in Malaysia to start commercial service. A PCN service is essentially an enhanced mobile phone service operating
        409 words
      • Article
        Lock icon Japan's electronics makers post electrifying profits
        535 15 Bloomberg Business News Reuter TOKYO Japan's biggest electronics companies posted large rises in profit for the year ended March 31, though they tempered their rejoicing with warnings of a slowdown in the current year as the strong yen cuts into earnings. Current, or pre-tax,
        Bloomberg Business News; Reuter  -  535 words
      • Article
        Lock icon Fujitsu's pre-tax earnings rebound 130%, farther growth expected
        421 15 AFP TOKYO Japan's top computer maker Fujitsu Ltd said yesterday its group pre-tax earnings rebounded 130 per cent to 102 billion yen (SS 1.7 billion) in the year to March and projected further growth this year. The company, the world's second-largest computer
        AFP  -  421 words
      • Article
        Lock icon NEC forecasts further growth as income jumps 198%
        296 15 AFP TOKYO Japan's biggest semi-conductor maker NEC Corp said yesterday group pretax profit rebounded 198 per cent to 74.7 billion yen (Ssl.2 billion) in the year to March, forecasting further growth this year. The company, also the largest personal computer manufacturer, said
        AFP  -  296 words
      • Article, Illustration
        Lock icon Ajinomoto cuts costs to raise profit
        483 15 Bloomberg Business News TOKYO Ajinomoto Co, Japan's largest food processor, said its earnings improved for the first time in three years thanks to cost cutting. Analysts cautioned the company's fortunes may be short-lived because cost cutting can only go so far. The company, the
        Bloomberg Business News  -  483 words
      • Article
        Lock icon Telecom carrier KDD rings up 5% growth
        198 15 AFP TOKYO Japan's leading overseas telecommunications carrier Kokusai Denshin Denwa Co Ltd (KDD) said yesterday group pre-tax profit grew S per cent to 29.7 billion yen (Ss47o million) in the year to March. The company said revenues grew 13 per cent to 293
        AFP  -  198 words
      • COMPANY BRIEFS
        • Article
          Lock icon Polyester maker's income up 52%
          98 16 AFP TOKYO Japan's top polyester maker, Teijin Ltd, said yesterday its consolidated pre-tax earnings rebounded 52.4 per cent from a year earlier to 13.6 billion yen (*****.5 million) in the year to March. The company said the recovery reflected streamlining efforts, including cuts in production
          AFP  -  98 words
        • Article
          Lock icon Hitachi's pre-tax earnings up 24%
          81 16 AFP TOKYO Japan's top electrical machinery maker, Hitachi Ltd, said yesterday its group pre-tax earnings advanced 24 per cent from a year earlier to 284 billion yen (554.4 billion) in the year to March. The company said sales advanced 3 per cent to 7,592 billion
          AFP  -  81 words
        • Article
          Lock icon Tokyo Gas pre-tax down 19%
          100 16 AFP TOKYO Tokyo Gas Co Ltd said yesterday its pre-tax earnings dived 19 per cent from a year earlier to 29.6 billion yen (***** million) in the year to March and projected a further decline this year. Japan's biggest gas utility said revenues were also
          AFP  -  100 words
        • Article
          Lock icon All down for Nippon Flour
          83 16 Knight-Ridder TOKYO Japan's Nippon Flour Mills Co, Ltd posted a- recurring profit of 11.098 billion yen (SSI79 million) in fiscal 1994-95, down 18.7 per cent from the previous fiscal year. Japan's oldest flour mill reported sales of 317.308 billion yen, down 2.1 per cent from
          Knight-Ridder  -  83 words
        • Article
          Lock icon A sweet 32% rise in profit
          84 16 Knight-Ridder TOKYO Japan's Taito Co posted a recurring profit of 881 million yen in fiscal 1994-95, up 31.9 per cent from the previous fiscal year. Taito, a major Japanese sugar refiner, reported sales of 34.103 billion yen, down 8.9 per cent from a year
          Knight-Ridder  -  84 words
      • Article, Illustration
        Lock icon Cable & Wireless profit drops 22%, with losses at UK unit
        490 16 Cable Wireless profit drops 22%, with losses at UK unit Bloomberg Business News LONDON Cable Wireless pic, the London-based international telecommunications operator, said full-year pre-tax profit dropped 22 per cent as it incurred losses at its UK and mobile phone units. Profit before tax slipped to a lower-than-expected £844 million
        Bloomberg Business News  -  490 words
      • Article
        Lock icon Marked slowdown in Daimler's sales growth
        306 16 FT FRANKFURT Sales growth at Daimler-Benz, Germany's biggest industrial group, slowed markedly last month, according to figures released on Wednesday. Turnover, which was up 3.7 per cent at 22.94 billion Deutschemarks (5522.3 billion) in the quarter to the end of March, rose only 2
        FT  -  306 words
      • Article
        Lock icon Power Gen profit up 14.5% despite lower prices
        174 16 Reuter LONDON British electricity generating company PowerGen pic yesterday reported annual pre-tax profits rose 14.5 per cent despite lower prices and tougher competition. Pre-tax profit was £545 million (Ssl.2 billion) in the year ended April 2, compared with £476 million the previous
        Reuter  -  174 words
      • Article
        Lock icon Faster reforms needed to launch UAE bourse
        306 16 Reuter DUBAI Plans to formalise a decade-old unofficial stock exchange in the United Arab Emirates (UAE) are underway but analysts say economic reforms. which are key to the success of an official floor, are not emerging fast enough. They said the success of
        Reuter  -  306 words
    • FINANCE & COMMODITIES
      • Article
        Cargill takes over from Chase Futures in S'pore
        301 17  -  By Paul Leo SINGAPORE Chicagobased Cargill Investor Services Inc (CIS) has taken over the Chase Manhattan Futures Corporation's clearing and execution business in Singapore. An agreement on the takeover was signed on Wednesday, CIS said yesterday. The transfer of business will be
        301 words
      • Article
        Lock icon Bank of Tokyo to form think-tank
        80 17 Reuter TOKYO The Bank of Tokyo (BoT) yesterday said it would soon set up a think-tank on international monetary affairs to be headed by BoT chairman Toyoo Gyoten. Tentatively named the Institute for International Monetary Affairs, the institute is designed to research world economic
        Reuter  -  80 words
      • Article
        Lock icon Tokai Bank's pre-tax plunges 49%
        89 17 AFP TOKYO Japan's Tokai Bank Ltd yesterday said group pre-tax earnings plunged 49.2 per cent from a year earlier to 25.2 billion yen (*****.2 million) in the year to March but forecast a modest recovery this year. The Nagoya-based city bank, an affiliate of Toyota
        AFP  -  89 words
      • Article
        Lock icon Malaysia's first call warrants
        83 17 Bloomberg Business News KUALA LUMPUR Local merchant bank Commerce International Merchant Bankers Bhd will issue Malaysia's first call warrants on Monday, according to fund managers. It will issue 10 million warrants authorising holders to buy shares in Malayan Banking Bhd (Maybank). The exercise price will be
        Bloomberg Business News  -  83 words
      • Article
        Lock icon Wharf agrees with Moody's rating
        91 17 Reuter HONGKONG Wharf (Holdings) Ltd yesterday said Moody's Baa 2 rating for the US$4OO million (***** million) senior subordinated debt issue of its Wharf Capital International (1993) Ltd unit was standard practice. A Wharf spokesman said: "Our US$2OO million Yankee bond was rated at Baal
        Reuter  -  91 words
      • Article
        Lock icon Manila to issue longer-term T-bills
        116 17 UPI MANILA The Philippines plans to issue about 50 billion pesos (552.5 billion) worth of five-year and seven-year treasury bonds this year in a bid to shift away from short-term debt and deepen the market for Philippine T-bills, officials said yesterday. The medium and long-term
        UPI  -  116 words
      • Article
        Lock icon National Mutual Asia expects robust growth
        249 17 Reuter HONGKONG National Mutual Asia Ltd said it expects robust premium growth in the next few years and was planning to add 400 agents by September this year. "The growth of premium over the next few years, we expect that to be very robust,"
        Reuter  -  249 words
      • Article
        Lock icon Fewer bills from Bank Negara
        479 17 Central bank decision may be due to poorer offshore demand Knight-Ridder SINGAPORE Bank Negara is likely to continue auctioning fewer bills than are maturing for some time yet as recent issues have had a bigger impact on the money market than the central bank might
        Knight-Ridder  -  479 words
      • Article, Illustration
        Lock icon Mexican banks hiding bad loans: US senators
        401 17 Reuter WASHINGTON Two US senators said they believe Mexican banks are using accounting tricks and government subsidies to hide billions of dollars in bad loans. "The Mexican banking industry is in trouble, with interest rates of 100 per cent, more than US$lO billion
        Reuter  -  401 words
      • Article
        Lock icon Foreigners to have stake in Viet bank for first time
        391 17 Reuter HANOI Communist Vietnam, cautiously modernising its fledgling banking sector, will soon see the first foreign shareholders take a stake in a local commercial bank, bankers said here yesterday. V P Bank, the Vietnam Joint Stock Commercial Bank for Private
        Reuter  -  391 words
      • Article
        Lock icon Lloyd's US trust funds short of US$7b to cover liabilities
        364 18 Reuter NEW YORK The New York State Department of Insurance said its just-issued report on Lloyd's of London determined that Lloyd's trust funds covering US liabilities are deficient on a net basis by over US$7 billion (559.7 billion). The insurance
        Reuter  -  364 words
      • Article
        Lock icon Jakarta: Cartel-type grouping for tin could soon be obsolete
        306 18 Reuter KUALA LUMPUR Indonesia, pushing for an end to tin export curbs by the Association of Tin Producing Countries (ATPC), said yesterday a producer cartel dictating the market could soon be obsolete. "A cartel-type grouping will no longer be acceptable... in
        Reuter  -  306 words
      • Article, Illustration
        Lock icon Keeping a lid on oil flow
        73 18 Reuter TARIM BASIN, China An oil worker at a Taklamakan desert oil well in the north-western Xinjian region where more than five million tonnes of oil are expected to be extracted by the end of 1995. The annual rail capacity for transportation of crude
        Reuter  -  73 words
      • Article
        Lock icon Pohang aiming to be world's largest steel producer
        226 18 Bloomberg Business News SEOUL Pohang Iron Steel Co, the world's second largest steel producer, said it will build a new furnace by 1998, which will make it the world's largest steel producer. A company spokesman said Pohang chairman Kim Man Je agreed
        Bloomberg Business News  -  226 words
      • Article
        Lock icon Unwinding of China bond futures continues
        239 18 Reuter SHANGHAI Exchanges and trading floors across China continued to unwind open positions of treasury bill (T-bill) futures ahead of a May 31 deadline, the Shanghai Securities News said yesterday. On Wednesday, the Shanghai Stock Exchange halted the unwinding because of a settlement problem
        Reuter  -  239 words
      • Article
        Lock icon Italy sells record 550b in yen bonds
        367 18 Second Italian mega-issue sold to Japanese investors Bloomberg Business News TOKYO In the largest sale ever of yen debt by an outsider, Italy on Wednesday sold 550 billion yen (SsB.B billion) worth of yen-denominated bonds to Japanese investors. It's the second mega-issue Italy
        Bloomberg Business News  -  367 words
      • Article, Illustration
        Untitled
        1022 18 rode »nfhlni index cakuiated agatnM S pore 's lap 14 tradrnf partners. Base yew: 198$ US$/S$ forward rates Noon /May 23 ss Bid Offer 1-month I 3847 I.3S62 2-month 1.3794 ***** 3-month 1.3740 1.3755 6-month 1.3614 1.3634 Sourer OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES to at 9m m May
        1,022 words
      • Article
        Oil steady amid attempt to end strike
        319 18 O laa r>-> Krtrei Btoomoerg ENERGY REPORT LONDON Oil futures were steady on both sides of the Atlantic as traders waited to see whether a 22-day oil workers strike in Brazil will collapse after the military seized the country's main refineries. State oil
        319 words
      • Article
        Lock icon LONDON
        199 18 Reuter LONDON The dollar opened lower against the mark and the yen in Europe after frustrated bulls cut long positions overnight and prompted Bank of Japan intervention to buy dollars for yen. The dollar tested the bottom of a two-week old range against the mark, between 1.4275 and 1.4625
        Reuter  -  199 words
      • Article
        Lock icon NEW YORK
        97 18 AFP NEW YORK The dollar plunged against other major currencies here early yesterday in active trading after publication of US economic figures renewed fears the economy was slowing too quickly and could enter recession. At about 1415 GMT, the dollar was quoted as trading at 1.4045 marks, down
        AFP  -  97 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen up on gains by Japan govt bonds
        1387 19 SHIfTCA llU'Vnl iLM Reuter SINGAPORE Simex Euroyen and Eurodollar futures ended sharply higher in heavy trade. Sentiment for Euroyen was very bullish following the strong gains in the Japanese government bond (JGB) market. "There is very heavy demand for bonds and also
        Reuter  -  1,387 words
      • Article
        Tokyo rubber lower on strong yen
        657 19 COMMODITY REPORTS Rubber TOKYO: All Tokyo rubber futures contracts closed lower, as the yen's advances against the dollar triggered active selling from local investors. Prices were 3.5 to 5.2 yen per kg lower, and benchmark October fell four at 130.7. The yen's gains discouraged
        657 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japan copper output up 6.8%
          72 19 TOKYO Japan's production of foiled copper products and copper alloys totalled 104,780 tonnes in April, up 6.8 per cent from a year before, according to a report released by the Japan Brass Makers Association. That level is, however, down 4.2 per cent from actual production
          72 words
        • Article
          Nippon Mining hikes copper price
          48 19 TOKYO Japan's Nippon Mining and Metals said it raised its domestic sales price of electrolytic copper cathode effective on Wednesday by 10,000 yen (SSI6I) per tonne to 290,000 yen. Nippon Mining and Metals is the recognised price leader for Japan's domestic copper market.
          48 words
        • Article
          Korea Zinc's lead output down
          116 19 SYDNEY Low supplies of lead bullion are keeping Korea Zinc Co lid's 135,000-tonnes-a-year lead refining operations from producing at full capacity, a company official said. yesterday. SP Kang. general manager of Korea Zinc, said the company was refining metal at an annual rate of only
          116 words
        • Article
          Suharto opens Exor-1 refinery
          52 19 SINGAPORE Indonesia's Export-Oriented Refinery-1 (Exor-1) was officially opened by President Suharto on Wednesday, after a fourmonth delay caused by problems at its long residue catalytic cracker. The plant is now running at 120,000 barrels per day, near its full capacity of 125,000 bpd, a refinery source
          52 words
    • Article
      COMMODITY PRICES
      1384 19 SICOM Futures Ihitifcnr (futures dosing as it 5.30pn) RSS 1 Cwrtrart (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 231.00 231.00 231.00 75 475 Jul 227.50 223.00 224.50 300 2225 Aug 223.50 221.00 221.50 600 2650 Sep 223.00 219.50 219.00 300 2275 Oct/Dcc 211.50
      1,384 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1100 20 +7.5 SHARES rose as dividend yields on stocks became increasingly attractive compared with declining bond yields. However, the gain was capped by concern corporate profits may not grow as fast as forecast. "It's a bit disappointing with the way the bonds have performed, particularly the banks," said a trader.
        1,100 words
      • Article
        Manila
        571 20 -18.22 Stocks fell amid concern that an increase in domestic oil prices could slow the economy and trim profits of manufacturers. "It may be positive for Petron but it's negative for the whole economy," said a dealer. "It could certainly affect the manufacturing side." The PSE Composite Index fell
        571 words
      • Article
        Taipei
        546 20 -26.72 Stocks fell to a two-week low on concern political tension with China will rise after the US de- cided to grant President Lee Teng-hui a visa to visit his alma mater, Cornell University. Textile makers plunged because they are one of Taiwan's largest exporters to China. "We have
        546 words
      • Article
        Seoul
        376 20 -8.26 Stock prices bounced back sharply to close 1.6 per cent higher from the previous day on the back of widespread consensus that prices had bottomed out, brokers said. "Today's comeback seemed to be just a technical correction," said a trader, citing still thin trading volume. With 19.77 million
        376 words
      • Article
        New Zealand
        346 20 -0.10 Shares were little changed, with trading dominated by heavy interest in Brierley and wild fluctuations in forestry and energy group Fletcher Challenge. Brierley said yesterday it will sell down its 80 per cent stake in the Sky casino project in Auckland to 50.1 per cent by early
        346 words
      • Article
        Bombay
        125 20 -12.9 Stocks fell, led by Tata Iron Steel, as investors lowered their expectations for earnings at the metal conglomerate. Tata Iron Steel had earlier been expected to announced earnings per share of 7.5 rupees for the fiscal year ended March 31. Revised estimates place it closer to six rupees,
        125 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        1298 20 Britannia Funds Merlin Cash Bid Offer Mini Cap Depowt M 6400 6500 Mim Jenev Gilt —J.IWJ 0 1992 Mim Mu income .0.9)00 0 9600 US$ Cash Income P1u» Fund 10 1400 10 6(00 PS Rnerve Fund 5 4700 5 4100 Sterliaf Equity Euro Performance .0 4592 0.49)1 Far Eatt Fund
        1,298 words
      • Article
        London
        946 20 +0.9 LEADING UK shares swung up, but dived back to close narrowly mixed with nearly all gains wiped out in the last hours of trade by a drop in the Dow Jones Index. The FTSE-100 Index finished a volatile session a mere 0.9 point higher at 3,328.2 after having
        946 words
      • Article
        Toronto
        308 20 10.88 Stocks opened firmer in heavy volume, boosted by strong golds and followthrough from an early rally in North American bond markets. US jobless claims rose again for the week ended May 20, adding to signs of an economic slowdown, brokers noted. The TSE-300 Composite Index was up 10.88
        308 words
      • Article
        New York
        848 20 •31.13 Stock prices turned sharply lower in active trading early yesterday after sell programs accelerated the markets early decline despite an initial bond rally on news confirming the economy is slowing. The Dow Jones Industrial Average, which inched up 1.72 points to a new record high 4,438.16 on
        848 words
      • Article
        Milan
        219 20 -153 Shares retreated, picking up pace in the afternoon, as the weight of sell orders found few buyers in a thin market. The Mibtel Index closed 153 points down at 9,988. Volume was a mere 480 billion lire and the thinness of trade accentuated the falls on some stocks,
        219 words
      • Article
        Johannesburg
        338 20 -8.3 South African shares ended a static afternoon quietly mixed despite a strong rise in the gold price, as World Cup mania sidelined the market, dealers said. The Overall Index finished 1.0 points off at 5,496.4, the Industrial Index was 8.3 down at 6,967.7 and the Gold Index rose
        338 words
    • Article, Illustration
      Lock icon HONGKONG
      2620 21 Bloomberg Business News HONGKONG Stocks rose as a rally in US bonds reinforced investors' expectations that interest rates will decline in the territory. Sparked by plunging US bond yields, the Hang Seng Index rose 132.42 points to 9,390.60, its highest since last Nov 18. The All Ordinaries Index rose
      Bloomberg Business News; Source: Bridge Info  -  2,620 words
    • Article, Illustration
      Lock icon CHINA
      571 21 CLSA IN Hongkong, H share index finished 1.07 points higher at 1,192.64 on turnover of HKJ9B million. Jilin Chemical gained 1.2 per cent on volume of HKS2O.6 million on its third trading day. In Shanghai and Shenzhen, rumours that physical delivery would be allowed to unwind open positions in
      CLSA  -  571 words
    • Article, Illustration
      Lock icon TOKYO
      2398 21 Bloomberg Business News TOKYO Stocks sank to an eight-week low amid concerns about the renewed strength of the yen and weak profits reported by Japanese companies. 'The higher yen combined with other factors like the increasingly pessimistic outlook for corporate earnings pummelled shares across broad sections of the market,"
      Bloomberg Business News; Source: Bridge Info  -  2,398 words
    • Article, Illustration
      Lock icon BANGKOK
      1521 21 Bloomberg Business News BANGKOK Stocks rose to their highest level in six months, as brokerage issues like Phatra Thanakit surged for a second day on expectations that peaking interest rates and high economic growth would favour equities. "Foreign funds are looking down the road and seeing high growth in
      Bloomberg Business News; Source: Bridge Info  -  1,521 words
    • Article
      CLOB INTERNATIONAL
      2022 22 Gr Gr IMJ Last Vol Day Lai Qaotc Dt* Dh Yld Net M Cap High La* Compan; S«k (WO) High Low Buyer S«l£ Cw P/E J«il MALAYSIAN STOCKS r'Tsk J72 -2 430 3*2 370 372 376 3 0 -29 0.2 3.2 127 77.5 m AMOB 50c 95.5 -0.5
      2,022 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares surge as foreign funds continue buying
        6337 22 Bloomberg Business News KUALA LUMPUR Stocks rose for a third day as foreigners continued to bid up stocks on optimism that interest rates in the US are falling. Lower yields on bonds in the US encourage some foreign investors to buy Asian stocks
        Bloomberg Business News; Source: Bridge Info  -  6,337 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8320 23 IW Last Vol Day Last Quale Dh> Dtt YU N« Can A«« High Law Caaapnay Sal* |1H) High I am Bayer Seller CV P/E W Prka I MQUSTMAL AND COMMERCIAL 482 382 mis Acma 50c 414 cd +8 362 416 406 414 418 22.J 17 8.7 570.7 401 430 450
        8,320 words
      • Article, Illustration
        Lock icon Foreign funds buy M'sian shares, ignore local stocks
        1830 24  -  By R Sivanithy SINGAPORE Foreign funds yesterday ignored local stocks in favour of Malaysian counters, a portfolio rebalancing exercise aimed at maximising short- to medium-term returns. Observers said because the medium-term outlook for stocks was beginning to look more attractive, institutions were
        Source: Bridge Info; Source: Bloomberg  -  1,830 words
  • Page 13 Advertisements
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      664 13 NEWS VALUE Cats in IDD rates dent Telecom's profit growth (pg 1) High PE and low yield likely to weigh on share price in the short to medium term. Bids for 99-year leasehold bungalow sites fall 30% (pg 1) Bad, but falls exaggerated as they are compared with values estimated
      664 words
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      Page 14 Advertisements Column 1
      254 14 Financial Risks, Applications and Controls 26-27 June 1995, Hilton Hotel, Singapore, 9 am 5 pm Daily This course is meant for all participants in the financial market Financial derivatives have become a market feature which cannot be ignored. Market A R linkages across products and locations expose all particpants to
      254 words
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      Page 14 Advertisements Column 2
      111 14 KOTA KINABALU Promenade Hotel Apartments S$ 105.00 Single/Double Business District. Walking distance to financial and government trading offices WUmm International Airport f Loc 1 B kf HmH Proa Valld untll 30th June 1995. Prior reservations required and subject to roorns availability. Regtster yomdfc'company as a corporate member to enjoy the
      111 words
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      Page 15 Advertisements Column 1
      230 15 German engineers discover cure for executive stress. The engineers at Volkswagen don't just concern themselves with the workings of much higher level than other 2 litre cars'." With help from power steering and Volkswagen s Naturally, there's also room for five adults in the comfort of optional leather seats, every
      230 words
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      Page 16 Advertisements Column 1
      189 16 (j EO T 0 5 S R --a mm r E^^T' v\ /|-k. «PL} t tzt <il^ r Climate Control, elegant walnut trim and luxurious full leather upholstery. /mpß^SsSSSSsJ[^^^^^^^^^^BSSS9P^For your total safety on the road, the Peugeot 605 SRi comes fully equipped with driver's Airbag and Anti-lock Braking System (ABS),
      189 words
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      Page 16 Advertisements Column 2
      207 16 741-1296 The Companies Act, CAP 50 Receiver Appointed By Court Notice To Creditors For Submission Of Claims Nam© of Partnership: Lucky Island Transport Trading Co. Registration No.: *****3/00 A Notice is hereby given that by an Order of Court dated 7 April 1995, Mr Don M. Ho of Don Ho
      207 words
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      Page 18 Advertisements Column 1
      318 18 BUSINESS TIMES TOLL-FREE TEL. No. 1-600-741-1883* FAX: 741-1298 fl information and communications field in Singapore and the fl region. We are now in an exciting phase of development and H I expansion and are seeking for a suitable professional to head the Finance Division of one of our subsidiary companies.
      318 words
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      Page 18 Advertisements Column 2
      1 18 CA.T.S.
      1 words
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      Page 19 Advertisements Column 1
      230 19 irr rjm #1 OFFSHORE I wVY. COMPANY SPECIALISTS I With a worldwide team of 125 multi-disciplined I professionals and a network of international offices, OCRA provides confidential and cost effective company formation in all the major low I tax areas including: H BRITISHVIRGINISLANDS BAHAMAS •IRELAND I WESTERN SAMOA •MAURITIUS JERSEY
      230 words
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      Page 19 Advertisements Column 2
      20 19 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words
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      153 21 El Primero automatic chronograph movement. i Non-reflecting sapphire glass. 8k M f m I tl* MwQ C T J-*-* i— 36 IUWI«» Oy Shoppy OnQr Td: DWIIB. 81-B Lucky PUxa W *****84 M— WOch WtIMWI-H/ 20C«*repoWM:23S2536 Jcwallary ladaafcrias CS) Fte Ltd 44 Alrundra Tviacc JIS Mdg (Off PMr Panpng Rd)
      153 words
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      1874 24 BUSINESS TIMES IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF CDS-COMLINK DATA SERVICES PTE LTD Uacorparatrd la the Republic of Singapore) Al an Extraordinary General Meeting of the Members of CDS-COMI.INK DATA SERVICES PTE LTD duly convened and held at 10 Anion Road. #18-06
      1,874 words
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      Page 24 Advertisements Column 2
      772 24 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 9C) AND la Dm Matter of HAPPY VIEW VIDEO PTE LTD (la Vihtiry Liquidation) MEMBERS' VOLUNTARY WINDING-UP NOTICE is hereby given thai pursuant to Section 308 of The Companies Act, Cap. 50. that the Final Meeting of the members of the abovenamed
      772 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon Singamas sees profit growth from investments next year
      375 25  -  By Rahita Elias SINGAPORE Hongkongbased Singamas Container, which spent HK$34B million (5562.8 million) on projects in North Asia and Indonesia last year, expects to realise income growth from the investments next year. Its president David Wong said at a press conference yesterday:
      Photo by Chris Loh  -  375 words
    • Article
      Laem Chabang Port set to call bids to build 5th container terminal
      370 25 BANGKOK Laem Chabang Port is set to announce the calling of bids for the construction of its fifth container terminal next week. Kam Tantlvejakul, managing director of Laem Chabang Port, said the bidding conditions have first to be
      370 words
    • Article
      Lock icon Expansion planned for Malaccan port
      150 25 Bernama MALACCA The Malacca government will discuss the expansion of the Tanjung Bruas Port with the Federal Transport Ministry and the Port Klang Authority, chief minister Mohamad Zin Abdul Ghani has said. The expansion of the port would enable it to complement the services provided
      Bernama  -  150 words
    • Article
      Lock icon Evergreen plans Viet inland transport joint venture
      156 25 AFP TAIPEI Taiwan's Evergreen Group, operator of the world's largest container fleet, is planning to form a US$l-million (551.39 million) inland transportation joint venture in Vietnam, company officials said yesterday. The venture will transport landed containers by road across Vietnam and deliver them
      AFP  -  156 words
    • Article
      MARITIME STOCKS
      328 25 SES 500 May 25 S$ Vol CWT Distribution L 1.63 -0.01 30 CWT Distribution A 1.51 Chuan Hup Holdings 1.17 unch 19 Cosco Investment S 1.75 Cosco Investment A 1.60 unch 9 Far East Levingsto 6.85 unch 184 GB Holdings Ltd 0.78 -0.02 8 Hai Sun Hup Group
      328 words
    • Article
      Lock icon Shenzhen to become popular cruise centre
      128 25 AFP HONGKONG China's special economic zone of Shenzhen will become a central port of call for foreign passenger ships given the increasing popularity of cruising among Asian holiday-makers, a travel agency official said yesterday. Richard Willis, regional director of P&O Travel Ltd, said many
      AFP  -  128 words
    • Article
      Lock icon Intertanko accused of not doing enough to fight oil pollution
      426 25 Knight-Ridder STOCKHOLM The tanker industry came under heavy attack on Wednesday from consultant Sally Ann Lentz of USbased Ocean Advocates for not doing enough to combat oil pollution. Speaking at the annual meeting of the International Association of Independent Tanker
      Knight-Ridder  -  426 words
    • Article
      Lock icon Manila urged to act against China over piracy
      362 25 AP MANILA A congressman urged the Department of Foreign Affairs yesterday to lodge a protest against China for reportedly "lending" naval patrol boats to pirates preying on foreign cargo vessels bound for the Philippines. Rep Roque Ablan, chairman of the House of
      AP  -  362 words
    • Article, Illustration
      Lock icon Korean shipbuilders making waves
      1128 26  -  ;i- In rapid succession and to the consternation of the world, leading South Korean shipyards are planning huge expansions. Lan Middleton finds out just what is going on Lan Middleton Seatrade Review ✓W "W "Y HEN, in rapid M succession, s leading South Wt Wt Korean
      Seatrade Review  -  1,128 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      506 26 P*e ABC Cont 16 •ANL 3 •APL 12 Able 7 Accord 8 •Ahlers 6 •Ahrenkiel 4 Antaco 13 •Appenship 4 Arowana 15 Astro 8 Austral 9 Avant 6 B ung Mas 12 BSA 9 BTL 16 Bangladesh 12 Batamindo 7 Bengal Br 15
      506 words
    • Article
      THE SHIPPING GUIDE
      9639 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 :s the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule
      9,639 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        535 43 "wm* to 1» 9mik Unto* Pepartae a tanag Part Caftex Star >23 J12 atongsde 26.05/1600 Dong Guang 01/95 J7 alongside 26.05/0600 Be 05/05/95 J1 atongs«Je 26.05/2300 «Progress Uy AWM/10 12/3 atongside 26.05/1500 Putau Salju I 46 J2 atongside 2605/2300 Sea Tndcnt 05-95 118/19 atongside 26.05/2300 »Surya Safcto
        535 words
      • Article
        CONTAINER SCHEDULES
        1523 43 RECEIVING Of EXPORT FCL CONTAINERS AND LCI CARGO Record Booking/Balance Rslts SJ*p No Etb/Btr Period From Te Frew Aa lade 2396 26/1200 1A 25/1500 25/1659 25/1900 Aa lotus 065A 27/1500 2A 25/1700 26/0659 26/0900 4 26/1200 26/1459 26/1700 Aa Rose 0668 26/2359 1A 25/1500 25/1659 25/1900 18 25/1500
        1,523 words
      • Article
        COCKETT BUNKER MARKET REPORT
        918 43 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
        918 words
    • Air & Land Transport News
      • Article
        Lock icon US and European airlines increase smoke-free services
        381 44 AP LOS ANGELES US airlines are not the only ones moving quickly towards smoke-free cabins. Recent surveys show a growing number of European airlines are increasing their smokeless services. A broad voluntary ban on smoking on trans-Atlantic flights has been under discussion for
        AP  -  381 words
      • Article
        Lock icon Indian civil aviation minister rebukes airline chief
        226 44 AFP NEW DELHI Indian Civil Aviation Minister Ghulam Nabi Azad on Wednesday reprimanded the joint chief of Air India and Indian Airlines at a meeting of parliamentary members (MPs), for his criticism of politicians and the airlines. "If any other chairman had made
        AFP  -  226 words
      • Article
        Lock icon Viet govt to manage civil aviation dept
        100 44 AFP HANOI Prime Minister Vo Van Kiet has decided to place Vietnam's Civil Aviation Department (VCAD) under the direct management of the government, a report said on Wednesday. The move "helps to fulfill the government's role of special management of civil aviation in
        AFP  -  100 words
      • Article
        Lock icon Beijing sets out plan to develop car parts sector
        229 44 AFP BEIJING China yesterday set out its strategy for developing the auto components manufacturing sector, a key part of its efforts to turn the country into a world centre for vehicle production. The machinery ministry's automotive department said the government would
        AFP  -  229 words
      • Article, Illustration
        Lock icon Soon ... two times more costly
        89 44 Soon two times more costly AFP WASHINGTON Ato Sackey, sales manager for a Lexus auto dealership in Silver Spring, Maryland, posing by a fleet of Lexus cars last Tuesday. The car is one of the models targeted by the Clinton administration's proposal to be hit with a 100 per cent
        AFP  -  89 words
      • Article
        Lock icon BA predicts strong China air cargo growth
        215 44 Reuter LONDON British Airways pic (BA) believes China offers considerable cargo growth potential in the medium to long term, according to BA's UK and Ireland regional cargo manager Pat Roberts. "China has a population of 1.2 billion and as we increase our operations
        Reuter  -  215 words
      • Article
        Lock icon Boeing to cut 5,000 more jobs to bring total to 12,000
        345 44 NYT NEW YORK Boeing Co has announced that it expected to eliminate 5,000 more jobs this year than it originally anticipated, bringing the total number of cuts to 12,000. The company said its new forecast resulted from actions taken
        NYT  -  345 words
      • Article
        Emirates to sponsor Miss World contest
        168 44 SINGAPORE Emirates has announced that it will be sponsoring the 45th Miss World Pageant making it the first airline to sponsor a beauty contest. The contest, which will be held in Sun City, South Africa, on Nov 20, coincides with the launch of Emirates'
        168 words
      • Article
        Dragonair gets its first A330
        96 44 SINGAPORE Hongkong-based Dragonair has taken possession of its first Airbus Industrie A 330 aircraft. The new high-ca-pacity twin-jet is the first of three A33os which will be delivered this year. The second plane will arrive in July and the third in September. The first and
        96 words
      • Article
        Lock icon Host Marriott gets Schiphol deal
        74 44 Reuter NEW YORK Host Marriott Corp said on Wednesday Amsterdam's Schiphol Airport selected it as the master concessionaire/ operator of the terminal food and beverage outlets and hotels at the airport. Host Marriott said it will commence operations on July 1 under a long-term contract
        Reuter  -  74 words
      • Article
        Lock icon Nepal, Tibet to start bus-truck service
        87 44 Reuter KATHMANDU Nepal and Tibet have agreed to start a public bus and truck service between the two Himalayan regions next month in a move which officials said would boost tourism and trade. Currently only western tourists on package tours can cross the landlocked
        Reuter  -  87 words
      • Article
        Lock icon Germany plans limited ban on cars
        95 44 Reuter BONN Germany plans to ban some vehicles with no catalytic converters from the roads when ozone levels reach levels that can harm people's health, Environment Minister Angela Merkel said on Wednesday. She agreed on draft legislation with Bonn's economics and transport ministers that
        Reuter  -  95 words
      • Article
        Lock icon Zhuhai seeks foreign partners for airport
        169 44 AFP HONGKONG Authorities in China's special economic zone of Zhuhai are seeking foreign partners to jointly manage and operate its soon-to-open airport, it was reported yesterday. In an unprecedented move to attract foreign funds, technology and management, the government of Zhuhai has decided to
        AFP  -  169 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1433 44 AIRCRAFT ARRIVALS DEPARTURES ati mm n> ng* n» Mka MmM GA96S 1105 Gf 147 1850 GF146 1145 SQ441 1505 GA883 1520 GA975 1535 AMM Qf81 1930 QF82 2055 S022B 2065 AMMhi SQ25 0650 KL838 2300 KL837 1450 SQ26 2355 G*875 1536 Utmm SQ347 0655 Imdttmt SQ286 2040 SQ288 2045 GF148
        1,433 words
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      32 25 3MI|III laH 1 WEEKLY LCL TO: 11 Algeciras Las palmas Barcelona Madrid Bilbao Tenerife I Ceuta Valencia Korean shipbuilders making waves: Page 2 US and European airlines increase smoke-free services: Back Page
      32 words
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      Page 25 Advertisements Column 2
      202 25 The Aft of making money is first {laving ,h Craft SHIP FINANCING CALL US AT 2230 3 5 5 MAK I M IT WITH TO» ©DBS FINANCE I HaodOfßc* 112 Robinson Rood, DBS Finano* ButUng, Singapore 0106 We Became The Best To Eastern Canada By Making A Rather Dramatic Cut.
      202 words
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      996 26 I" I i Nairn MtemcA i "aa wr mK u am km ba ml iwsiai cnc w hboco Iwr NMlnaannJ bum! —nil n cawalßM u—» I«uwu|«u»bmlib> 1 wuwi. mmmm mbmb wrnamm mmim mw mi ffiT ai Si i? In? mj til 8J |57 I E Kn aummmmmimm tj u uj
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      Page 26 Advertisements Column 2
      258 26 Lints and —nfiett rtprtwnttd by /fSSrov Member* of ttw Registry of AccradNad(»offiV» «r Shipping Agents, Singapore National vaSjUfJ Shipping Amrielftm rOr dOV&VSJrIg erXJUrieS, CunldCt 11/DSS Tel 740-2069 m 1^ CENTAURUB 30/5 M MmMMMMN .'I ARB. &tt 8/6 RftiVAftNAJKMrtn I Loads EJW.Mrt«iH.>ndon-li il ILonlrglor AYNUR KALKAVAN I NAZUK Jadd*VPort SMd I
      258 words
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      940 27 FOONG SUN IfSf rm SHIPPING (PTE) LTD 'WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0511 f toOKINQ/ENCHJIRIES C* NO: **********0W TEL: *****55 (12 LINES) I FAX: *****16/*****25 TLX: W*****0/***** FSSHIP VESSEL VOY ETA ETD DESTINATION SUN RAY 9*6 5* 7* PIAJU/PALEMMNG NEE (MAX 1 7*5 3* 5* PONTIANAK/SINTETE 6ULF SULTAN 2/95
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      Page 27 Advertisements Column 2
      1240 27 EXPORT TO: JEDDAH/UK/CONTINENT VKSH/VOT ITffi rn rum ITBMM MM STM lai *MilMMM»C»|»fir EX* SS ss m jw J-* "arsisrrss. Mains n/u u/n mm JWJ h/jj JJJJJJL SS""" [ssj"!" ss vm *ss as ssr ..sssswas. MEDITERRANEAN (MED CLUB)* VBSa/VOY Sham N MM MM teSfMb hi fee NHMHHMI7MS 11/W 81/ M |l/M
      1,240 words
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      Page 27 Advertisements Column 3
      871 27 HANJIN SHIPPING MAIN UNE: *****55 BOOKINGS: *****35-7 FAX: *****60 FOR VS. rsn UNI HAUL SEA YIM POX FOR VS SM UK HAUL iA) U IR HAMJM LONG BEACH BSZE 1/1 OMECT 1M Vt W HANJM KUNSANIIK M H.KOKME Vt 7/7 Vt HANJM ELIZABETH tIBE M OMECT ZM ZM 2M IRENES
      871 words
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      1072 28 f 7 H 4_rTiW«nlr*iTfiH t > lfl ll^a.fcimTO»«liraW«Ll»kl3w J• > T<BBa I Wf SW6AWK JtPMH MO*' SOUimiIHOM tWMM6 WMMM »»W» "HAW j;| ■gga," ffii dfci =B==ig=—lß at r±j: its; -aa—a m—as —as- j —w^-w —!f— EfE j* immtßWß ~w ifri in w in~ <p 2r yvf* 17/t V* VI 11/7
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      Page 28 Advertisements Column 2
      1114 28 NOR/VSIA VBL/VOY am ALQ LAS 22 »22 Ml HII Mi Si n* n* an "2 am mm nmamam am am mm. amam\\ *J5£S£L 1?2 17«7 M«7 N*7 MB7 M«7 IM7 MM 11*7 I SI"*""" «2 !?E l t7 IM7 1W IM7 IW7 nw HM I SEA ENOEAVOUR S2SW 2MI 17N7
      1,114 words
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      Page 28 Advertisements Column 3
      486 28 JAPAN/HONQKONO/BTRAITB REGULAR SERVICE w LOADING FOR PORT KLANQ/PENANQ vtua vot s pqme I p ouqamo pmo ipem,, KITKXI 11 «U> WW META J MPOWT H MOT MMSfI PAKAim lAMBHAN 1 HWT SI MAT ma a »m>t ham Lf¥W n MAM HAM S7JUM Z TOUOO 7» MAM WJW MRWUUjna* 1 gAM
      486 words
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      Page 29 Advertisements Column 1
      1155 29 I ITS STRAITS SHIPPING PTE LTD mmmg 10 Km Cklaaf Road *11-01 Kspptl Ttwara Slupwt 0200 Tal: *****80 Fax: *****17 Of CHINA NAVIGATION CO) CAMO OUi SAILS YQMTV f CiWMU VMM KX, SkM, TM MMV 25? 2!? KL'" OOHTUNM AMD MMAKMJIK MMOI TO MM* MM* MMU t CJMU6AM-H mttf Mmm.
      1,155 words
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      Page 29 Advertisements Column 2
      2070 29 W. Singapore Agent: ■Hjoi MXyfl 1 I AjflTO P&O Containers (Singapore Agencies) Pte Ltd M M\/ lIVM J I 0 Hoc Chiang Road, Keppcl Tower*, Siagaporc ©208 First Class Connections WORLDWIDE S?SJ££ iISSS&F PN KM F 115 s3tvm 75,7 IXPOHT IMPORT j VUHL yov ItNO **110 SM SOU ANT ROT
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      Page 29 Advertisements Column 3
      513 29 l! 'j i i j owoussp pb. m jwT Ml |wal mo tm m m tok ma 1b»I om I mqj I StARAMCRMMS 21M 22M KM I SU) I SUM SIM SMS SMS MM SMS IMS MM LHXOBMBSB 2MS I 2S-2MSI MM -S4M J_ MMHM2ISMSIS MM IMS 27M SI-SIMI MM
      513 words
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      Page 30 Advertisements Column 1
      1225 30 f SAP ROM HM THP ANW LMV LHV ANW THf HBG ROM HQ. Mf I. REWARO RW-813 28* 18* IB* m 21* E. GENTLE RE-OU 2* 5* 3* 8* 4* 28* 31* RIGHT RW-813 3* 23* M* 27* 2tP E. GREET RE-848 7* IB* S* 12* 8* M 7* RENOWN
      1,225 words
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      Page 30 Advertisements Column 2
      749 30 PERSIAN OULFSEHVICe VEtsa wv MP out MU OM Si rwr mo UM CONCERT BMO4IBW 2MB B7M MM BOM MM IMI MM CONCOfIO UM BMHMMW <OW IMB IBM IMI IMB UMCONCOfIO COS' a?-* SMB IBM IMB 2MB 21*B riM nM um comma n62-isw ivw am 2«m nm am am mm ALSO
      749 words
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      Page 30 Advertisements Column 3
      509 30 UTBj *****33 (12 UME3J f FAX: *****18/*****09 M TELEX: R6 ***** MBMP (3 Unas) CR NO: **********08 ACCEPTING FCL AND Co> VENTIONAL VMMI toy ITA |Li»6wtßr AbbayWonz 44W8 08/07 mm MM 40MB IMB 5 Hi men Manila^ FULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH FCL/LCL ALSO ISCVSOC uroßTTOiMAummvsANOEAfTAOirniAniieArtMQ tAlw Cm»
      509 words
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      Page 31 Advertisements Column 1
      2134 31 EUMPEDCPRCBC W?^,; '^^^^^K^^WmfM\%Nn%RVOHHMIi^ *1 B E'cffsTA r'ThIPpTSb PTE LTD ?**■%»lw»V«i»w c#»m"*«m##4mu* ctwt tn M ««w opirum c—uuh *tu?is UUS IAH smrrma rlc LIU run hus cotme Cmmii/mi/ tfiiiw JWwiKmi 4tM7*i mTETiiSIV UMKlinrmma Fututtts tnttMktm-Cc, *m?io i„,»,.> utsm mm*tow*t 9S&SL smmmtct: mmuu mtrnrn w tir »o: mt-mtm-x costa* mucks mi ton
      2,134 words
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      Page 31 Advertisements Column 2
      617 31 (it FAMOUS CONTAINER UNESf 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 jgr HOT UNE: *****33 (30 UNES) GOTHENBURG/SCAN 29/05 ROTTERDAM 29/05 AARHUS/COPENHAGEN 29/05 HAMBURG/BREMEN 29/05 MARSEILLE/FRANCE 30/05 FELIXSTOWEAJK 29/05 BARCELONA/SPAIN 31/05 LEHAVRE/FRANCE 29/05 GENOA/ITALY 27/05 ANTWERP/BELGIUM 29/05 LOS AWGELES/WC/IPI 02/06 SYDNEY/MELBOURNE 29/05 NEW YORK/EC 02/06 FREMANTIE/ADELAIDE 29/05 VANCOUVER 02/06 BRISBANE 29/05;
      617 words
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      Page 32 Advertisements Column 1
      1056 32 < ■'f vessel VOY sm jkt vma. voy ww pen r VIRABHUM 133S Mon 29* Thu 1* BUNOASEROJA WW to" I2W Tm. |»TB Vt BgL 35£ 552 BHATRA BHUM 518 ~Jm~ St ~vT THANA BHUM 123N Tm* 30/5 Old 31* !-K "J! WANABHUM 2758 Thu 1* Son 4* KOTA JAPE
      1,056 words
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      Page 32 Advertisements Column 2
      896 32 78 ANSON ROAD, §21-01, SINGAPORE 0207 TEL: *****92 FAX: *****67 CR **********0N PORT KLANO PENANQ vosa Ivor mm m vessel voy m rei SEA LAUREL 390N 2Sft(THU) 26ft (FRI) MCC CONVEYOR 5030 24ft (WED) 26ft (FRI) 205 A 25ft (THU) 27ft (SAT) XPURJAYA ***** 26* (FRI) 28ft(SUN) SEA LAUREL 391W
      896 words
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      Page 33 Advertisements Column 1
      681 33 j*t; i BSA it I MYANMA wBBk FIVE STAB LINE (Myanmar National Line) I Loading for Yangon (Rangoon) Sport P.KIg PEN P.Gdg J SiTTWE VO7E SlO PATHEIM VI32W SID PAGAN V22OW 28/05 MALAYSIA AGENTS: BOUSTEAO SHIPPING AGENCIES KUI: TEL 02 03-*****W PKL TEL 02-03-*****01 I PEN: TEL 02-64-*****C2 PGO: TEL
      681 words
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      Page 33 Advertisements Column 2
      897 33 aSSSSggPfI PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CBNO **********06 VBSSBL VOY BIN CMS JIB HOO JMO AOJ Aoa MUK PZU MBW ABA KOTAMRLUN BRL3IB 29/6 3/6 9/6 11/9 13/9 19/9 90/9 21/9 24/9 KOTA99RKAT 9KT299 9/9 13/9 20/9 22/B 24/0
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      Page 33 Advertisements Column 3
      841 33 **********2 VESBELS aw LE HAVRE HAMBURG THAMES ROTTERDAM AWTVXgP VLLE D€ NORMA NO9W 01/06 21/06 ZVO6 2M* 2M* 27/0# VILLEDE CARINA COBW 06/06 27A)6 29/06 01/07 08/07 MV VtLLE D€ SAGITTA SOBW 13/06 04/07 OUO7 «VO7 VH-LE D AQOILA AQ9W 20/06 11/07 1&07 IMI7 IMJ7 17/07 ALSO ACCEPTING CARGO TO
      841 words
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      Page 36 Advertisements Column 1
      1894 36 AS AGENTS: "K" UNE (f SIQAPOnC) FTI LTD (GR »UMS73BMBSOT NX MMt1736»6) -WTEL *****77 TELEX ICAWAKIRS23I6S PAX I T T V|\ MALAYSIA: K" UNI MAWIMI (MALAYSIA) SON BHD TEL SA *****00 PK *****75 PEN *****20 JB *****01PGU *****25^6 NOONESIA. P.T. SARANA LAUT MTWRNUSA, TEL JKT *****06 ifftfii M ftliwira SOUTH-MI—
      1,894 words
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      Page 36 Advertisements Column 2
      1437 36 AMERICAN PRESIDENT LINES, LTD. 19 KEPPEL WOAO #02-01 JIT POH EMU3XG SINGAPORE OBQB MAIM UNE gMW CUSTOMER SERVICE 225-122S FAX EAOLE VOCE 321KW CFS *****68 TONOWTHAMMnic*4aftHAP*~wipay LuiiiMmiiißii SHIB Imi iwa If JTT gl|Bg SEA 1 Iff |OKIMI I CH I OM. I HOD I«l I HTC I «~1 thmomb MM
      1,437 words
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      Page 37 Advertisements Column 1
      629 37 (AWUYOWP —IWWL) Official Agon* oft CA3KKHaO (SCA AIRFRCMHT) WVMIUgC INTERNATIONALE SPEOmON MAIN UNE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETC ETC COLOMBO 04/06 11/00 CMTTAOONO 04/00 11/00 CALCUTTA 03/00 11/06 BOMBAY/NSW D6LHI 06/06 12/06 KARACHI 06/06 11/06 MAORAB 01/06 04/06 USA/EUROPE rro rro USA (ALL INLANO POINT) 80/06 03/06
      629 words
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      Page 37 Advertisements Column 2
      1513 37 s T Nedlloyd Lines TO EUROPE: EVERY MONDAY AND FRIDAY AT SPORE j CR **********0R Pe«(P) P®< (P) SAr» Pkg Jed See La* Rtm Aar* Mem Brti Heei Sou Brv<l) Rtm(2) La* Phg Sin BUNGA PELANGI /1205 23/5 23/5 27/5 23/5<F) 15/6 17/6 11/6 12/6 13/6 MMS /2195 10/5 12/5
      1,513 words
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      Page 37 Advertisements Column 3
      694 37 II H I mnotm I WE ARE ISO 9002 CERTIFIED I 'mm I—IB I <*» "how" mm 1 'na~ tow mom CAUFORNIA MERCURY 70 31AM 17W8 T 10*08 T 21AM I 22W6 BW 21AM 21AM 22W8 I 24/08 ZTIOt mM CAUFORNIA SATURN 74E 07W8 84AM I 2M» I 20W8 2a»06
      694 words
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      Page 38 Advertisements Column 1
      1398 38 ■E3EH3HaHma NEW WEEKLY SERVICE TO I BRAZIL WITH COMPETITIVE TRANSIT TIME CALL US NOW AT 2286-611 VM My CTA I rro DESTINATIONS i Nad «wk PANAMA Nad wMfc 6TH STRMQ MARBHMERBKVJBO6 UMAMAB4BK VJ6IO ■■■■1 CY-30/51 *00 HRS CY 31/? 200 MRS cfb-2miooohhs cfsji/s o*oohrb ah. bm. cm clz toe mm
      1,398 words
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      Page 38 Advertisements Column 2
      730 38 TO E. CANADA US ATLANTIC US GULF LOAONO VOY I SPORE I P.KELANO HALIFAX N.YORK NORFOLK N. ORLEANS SAVANNAH TAMPtCO HOUSTON HOCOHDYKE OSSO 30/91 MAY I 1/3 JUN 7 JUL 10 JUL 13 JUL 30 JUL 16 JUL 24 JUL 39 JUL HOGQHCAIRN 0130 11/12JUN I SJUNn 2BJUL 31 JUL
      730 words
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      Page 38 Advertisements Column 3
      254 38 PHIU-ORKNT V* UN€S PT€ LTD ®TEL? *****00 (16 LMEB) SESfSSSSS 8 q& P. WMM W-TWim m I" SYDNEY,I^^SSNr^3SAHtFTO3STC^^^2»Sf^fI AUCKLANO, WELLMGTON, LYTTLETON, 08JUN I NAPgR. CHRWTCHURCH. NEW PLYMOUTH I I" LONDON. Fnn«ToW*lEHrfWß*^^^^^^^»Ss^l ROTTERDAM, HAMBURG fl ANTWERP, ALL EUROPE, MLANO DESTMATIONS 2f MAY I AND CENTRAL SOUTH AMERICA PORTS I I" KOBE,
      254 words
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      Page 39 Advertisements Column 1
      795 39 CONSOLIDATION TO LIMASSOL ACCEPTING LCL CARGO AT I ATTRACTIVE RATES KO^sylso^ Tranypamd available to Beirut, Lattakia via Limassol r^rl Call Te at DID 277 1064 f(g) J X i for bookings NOW!!! Vasg/rßal Tel: Fax: NTERNATKMAL SEA FREIGHT Singapore 561 1668 272 9838 FORWAROMG r AND LOOBTICS SERVICES oft H
      795 words
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      Page 39 Advertisements Column 2
      1569 39 m hdwi moxw mm —m—m lb m ma aw am 1& m jh wm* n« nmt mot mm mma no met sas am bm mm- mm no dm um it.h mm mikkiw an* n« m mm r rm cm i S. KUHB 12M 77 M MM* MM* M.M MM IIM
      1,569 words
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      Page 40 Advertisements Column 1
      366 40 f~ Singapore Soviet Shipping Co. Pte. Ltd. CR NO: 100S*****00N 5 BOMBAY/COCHIN fvHHL VOY I W I BOM COC HA QLOWY QLNM3 66/06 03/06 KOTA MUTUAA MUTO66 31/06 06*06 M. KUftAKO MKO6M OIM 1M« W MAMA6LU 519 OWN 16/06 SCA OLORV OLMM6 IMM 2M» i HOCHIMINH/HAIPHONG I IVUMI VOY HCM
      366 words
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      Page 40 Advertisements Column 2
      152 40 m FAR EAST 30/5 KEELUNG/KAOHSIUNG 28/5 BANGKOK 29/5 MANILA/CEBU 29/5 JAKARTA/BELAWAN/SURABAVA 28/5 PORT KELANG/PENANG/E. MALAYSIA 29/5 BUSAN 28/5 TOKYO/YOKO/KOBE/NGO/OSA 28/5 HONG KONG SIN CHINA (+Mft±wta) 28/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 29/5 LON/FLX/LVP/SOU 29/5 RDM/HAM/ANT/LEH/GQA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 29/5 LOS
      152 words
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      Page 40 Advertisements Column 3
      432 40 STAR SHIPPING AGENCIES (S) PTE LTD I Aommmt ZIM CONTAINER SERVICE GOLD STAR UNE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (8 LINES) FAX: *****70 fck *****12 (MARKETMG) (CK NO. **********0-0 N. AMQtKA/CARMEAN SBtVKES g \w its m TOCOHAMA 111 4/4 LOUMMIM 1/7 11/7 It/7 11/7 M/ 7 ZM OAT IS/4ZJUUAIJ4
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      Page 40 Advertisements Column 4
      347 40 I^vesselvo^^Sl!^^ls^sin| H TIGER ISLAND 333N 25-27/06 31-04/06 06-1006 I TIGER BRIDGE 334N 29-30.% 04-07 AM 12-1306 TIGER BAY 336N *****6 07 11/06 15-17/06 TIGER CAPE 336N 06-0506 11-14/06 19-2006 TIGER ISLAND 337N 06-1006 14-1006 22 24/06 I TIGER BRJOGE 338N 12-1106 18-21/06 26-2706 I Bl^^CA^^S»<| TIGER SPRING 207CN8 25-2506 *****6
      347 words
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      Page 40 Advertisements Column 5
      218 40 vsi ta nw «a» nwnaMT imT mm m? |mm tvr* IMTMI Ml tW! IM7 ZM7 M IU) RM C KNOUKM* IM7 "M 14M MM MP unrnmum hm |mm|mm|mm mm mm •^Auckland vu Ml m Isw OW m. mi muua *7 11* w IMI w m» ■Mnttiw 1W »W IV» M
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      325 41 S SFORB WHIY RQ/RQ-CONVENTIONAL 1 SERVICE TO HO CHI MMH TRANSIT 2 DAYS f LOADING SINGAPORE ON ALSO ACCEPTING FCL CTNRS TO {HAIPHONG 30 MAY 99 HAIPHONG 12 JUN 99 WEEKLY CONTAINERS SERVICE TO BOMBAY TRANSIT 10-12 DAYS 3* LOADING SMGAPORE ON: WEEKLY CONSOL TO BANGKOK/ a LAEMCH AB ANG/HONGKONG/TAIWAN
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      Page 41 Advertisements Column 2
      386 41 PULL CONTAINS* aMVtCB PNOM 8M TO MAMAS —MR KTAMN eta MAA raAVCMK tt 27-2 MM MMa TKWM BftfOOE 134N IMM SMT*S PfWOLYC V 20 SB4USS 00 WW BUMOA TKRATAI V.TCM4I SIA-US OfrOMO TKJCH BAY XHM 01-OM6 07-11AB pcrrovo via aaw warn TnmCAM V.3MN 88-OMB 11-MM KOTA JAM VgMAOTS 11-IMM 10-IMM
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      Page 41 Advertisements Column 3
      264 41 FOUR TIMES/WEEK SAIJNGS: P. 6UDAMVSPORE ETA FA VESSEL TOY MM OUDANQ VOV HQAfOWM KUALA6MK V ***** 20/06 (THU) 4063N 26/06 MR* KUALA MAK V ***** 27/06 i BAT) 4064N 26/06 < BUM KUALA MAK V ***** 20/06 HON) 40MN 30/06 TOE) KUALA MAK V ***** 31/06 MCD) 4066N 01/06 THUj
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      Page 41 Advertisements Column 4
      271 41 CHINESE-POLISH I I UA JOINT STOCK SHIPPING CO I I "A CONTAINER/BREAKBUO m Mxm ¥.14 IM AIfTWERPfIIOTTEROAMAMM6URM»OYMA JAN DLU6OS2 V.M 76 CMA6IAMCAWTSOA CHOPBI V.M 116 ROTTERDAM WEMAWMI Vl3 2M HUAUGfUMAOSHHMGA-UNTUNGANG/ QMGDAO/XMGANG CHIPOLBAL SHIPPING PTE LTD (A JOWT VENTURE BETWEEN CHNESE POUSH JOKT STOCK SHPPMG CO. AND BAUC FAfl EAST SHFRNQ
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      Page 41 Advertisements Column 5
      261 41 I 0" RONLM ROHUG PIE LTDI DAILY RECEIVING LCL CARGO TO YANGON t n/H #5/ofl IWbMIRMi V' 2M9 M/W Loadoa.llißrkiNM.l I 0 i 01/ M 12/W I PottlxmN •1/M OS/M Sydty.n [wnltr, Mifci—« J' MM f ZS/W5 Bombay Madras SMS 11/ M Bangkok 2M& 1«/ M YMfn J WEEKLY CHINA
      261 words
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      Page 42 Advertisements Column 1
      787 42 t'j. ■kJH A HkJH Hairatan, Torghundi, IsJamqaJa (Doqhamn) r "HwICMLHwB C.1.8./RUSSIA: Alma Ata. Ashkhabad, Baku, Dushanbe, u.. Irkutsk, Khabarovsk, Korsakov, Moscow. Mnitzer Mlincn Novosotoirsk, Sochi, Tashkent. Tbtfcsi, Vladivostok, Vostochny International Forwarders Mongolia: IHaan Bator N Korea: Pyongyang, Nampo I BWHWWHMBBWI express container service T0 WEST COAST SOUTH AMERICA ARKA. SANTIAGO.
      787 words
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      Page 42 Advertisements Column 2
      305 42 I ASIA HKG/TWN/BKK GENOA/EUROPE PEN PK SIN S SI 6w>inffiiw)m 24/5 25/5 26/5 26/5 27/5 28/5 HKG/BKK/KEE/KHH Piraeus 2G/5 27tf 29/5 3(V5 31/5 1/6 HKG/BKK/KEE/KHH Ldn/Flx/Rtm/Art/Ham/Lali 27/5 28/5 29/5 4/6 5/6 6/6 HKG/BKK/KEE/KHH Genoa/Barcalona/Marsaillas 2Jtf> 26/5 27/5 MCfIVHBTft JPN/KOREA/MANiLA I 26ft 27/5 28/5 SHANGHAI/DALIAN 1 XIAMEN/BEIJING Manila/Cebu 24/5 25/5 26/5
      305 words
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      Page 42 Advertisements Column 3
      550 42 STRAITS/ JAPAIV STRAITS SHMCE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TON»* RAMP CAPACITY UPTO 50 TONS j I fm [rn I loamkkm J m SM. p NMNTVKA 147 M/S 17/5 MAMSI/S AMMUk ARRUBNA M/S 1/4 KUORK 4/L MHTVLU 7/4 a 10/1 RMOTA 11/4 u<: TOKYO 21/IHSMM
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      119 43 REGIONAL WEATHER LEGEND: R Thunderstorm Temperoh*e c A Shower Weother Wind drecttoo with speed in knots Sky Wove height Serfoce winds ore indkoted by orrowi which fly «Mi the wind One hJ cirde represents calm or ight and variable winds i—» One half Heche represents 5 knots L» One ful
      119 words
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      Page 44 Advertisements Column 1
      57 44 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 UM TEL: 326 4276 Hal Am Hop Go (Re) Ltd As agent For ECL. Tel:
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