The Business Times, 8 April 1993

Total Pages: 46
1 46 The Business Times
  • 13 1 Business Times MITA (P) 552/12/92 Thursday April 8 1993 WE KNOW ASIA 75*
    13 words
  • 2am LATEST
    • 62 1 Reuter MOSCOW President Boris Yeltsin won backing from Russian celebrities and visiting American Congressmen yesterday as he geared up for his battle to win a vital referendum later this month. Russian celebrities, including chess champion Garry Kasparov, formed a committee to rally support for
      Reuter  -  62 words
    • 69 1 Reuter WASHINGTON United States regulators yesterday approved a final rule that paves the way for the creation of a new class of closed-end mutual funds that will allow investors to redeem shares a limited number of times a year. The Securities
      Reuter  -  69 words
    • 46 1 Reuter BRUSSELS Nato allies yesterday agreed to procccd with plans to use fighters to enforce the no-fly zone over Bosnia but put off final approval of the plans because of coordination problems with the United Nations, alliance sources said.
      Reuter  -  46 words
  • 112 1 Stock market indices W«limdi» Change STII 1.***** +10.42 KLSE Composite 661.35 +5.46 Nikkei 19,829.23 +342 43 Hang Seng 6.281.70 -59.13 SET Index 855.03 +2.32 Jakarta Composite ...308.37 -0.98 CLSA China B 1,357.81 +7.4 AustAIIOrd 1.654 9 -3.4 FTSE 100 2.822.1 -10.1 Wednesday Pre»i<Hn 11 am close Dow Jones
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  • 737 1  -  By Amy Balan SINGAPORE Several syndicates involving Taiwanese, Malaysians and Singaporeans are believed to be ramping up share prices in Singapore and Malaysia. They are said to be taking advantage of the current euphoria in the two markets to launch raids
    737 words
  • 205 1 SINGAPORE l"he kuala Lumpur and Singapore stock exchanges yesterday continued their winning streak in heavy trading. The KLSE Composite Index crossed the key resistance level of 660 points to end at 661.35 points, up 5.46 points from Tuesday. In Singapore, the Straits
    Source: Bridge Info  -  205 words
  • 295 1  -  By S N Vasuki SINGAPORE For the first time in a year, the Tokyo stock market's benchmark Nikkei Average broke the psychological 20,000 barrier yesterday, renewing hopes that a sustained pickup is underway. Analysts said that although Japan's economic fundamentals were still
    295 words
  • 537 1  -  From Leslie Lopez in KUALA LUMPUR A DECISION by Malaysia's Supreme Court over an unusual loan-default suit has exposed the country's financial institutions to a potential minefield which could threaten legal efforts to recover non-perform-ing loans. According to lawyers involved
    537 words
  • 257 1  -  By Soh Tiang Keng SINGAPORE The Singapore International Monetary Exchange yesterday announced a three-point plan to ensure the accuracy and reliability of its newly-traded Morgan Stanley Capital International (MSCI) Hongkong index. The aim is to prevent a recurrence of the
    257 words
  • 528 1 Reuter WASHINGTON Commerce Secretary Ronald Brown has said that he will personally intervene to help specific American firms win major foreign contracts, a sharp departure from the policy of his predecessors. Mr Brown said in an interview on Tuesday that the
    Reuter  -  528 words
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    • 156 1 C32TR C issette Receiver with OSP Sound Processor/CD Changer Control FUjfISU TEN AMATEUR PHOTO STORES PTE LTD. Singapore Phone 235 1333 Kuala Lumpur: Phone 757 0233 Penang: Phone 615 985/619 014 Jakarta: Phone 374 085/380 1472 CONTENTS News Companies S'pore News 2 S'pore*sia 9.10 Regional News 3.4.6 Financial 12.13 World
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    • 9 1 Law Page The catch to changing jobs Pg 23
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    • 36 1 Hack Lock Siew M hen to get out of the market Pg 9 What's the story on Idris? Pg 9 Hork Lock Siew: Be careful you don't get burnt, Pg 9 Room for bulls, Pg 10
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    • 144 1 The tC£I T V\ TyT 3 APR 1003 I|| Art oj in China tdck Pg Khmer Rouge: We won't accept result of Cambodian election Pg 3 Tfie Chairman zuas famed for his siirimming efforts 6utfezu tqiezu that afterwards he induced himseCf at the Qrand tVavition It's quite true. 'Many chief
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    • 14 1 CERRUTIIBBI SWISS WATCHES Time is on my side Interview with Simex president, Pg 12
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 310 2  -  By Teh Hooi Ling BANKS are set to expand in a big way, going by the number of job advertisements in The Straits Times last month. Compared with a year ago, the number of ads for posts in the banking and finance sector doubled to 180
        Source: ST Appts/Notices  -  310 words
    • 531 2  -  Manufacturing expansion forecast to rise from 2.4 to 4.2 pc By Chuang Peck Ming THE finance and business services sector will grow by 6.2 per cent this year, up from 5.4 per cent in 1992, according to Crosby Research. Growth in
      531 words
    • 394 2 HOW will GST affect long-term contracts for supplies to be made from April 1, 1994? Supplies made on or after April 1, 1994. on the basis of written "non-reviewable contracts" entered on or before April 7, 1993, will be zerorated. This means that the
      394 words
    • 78 2 THE proposed subsidiary legislation for the Good and Services Tax Bill is now available to the public. The legislation, which explains how the tax will operate and the reliefs available, can be obtained for $4 at the IRA offices at Fullerton Building and International Plaza. The government
      78 words
    • 455 2  -  By Joseph Rajendran AT A TIME when most Japanese electronics companies are reeling from heavy losses caused by poor global demand, Aiwa is expected to report substantially improved profits soon. Company president Hajime Unoki said yesterday that the group was expected to report
      Photo by Chris Loh  -  455 words
  • Page 2 Advertisements
    • 235 2 Q OMEGA The sign of excellence "ft 75 1 4 v J I Give Yourself A Little Extra Time Between Appointments. Because when you stay at Amara H|Hj But that's not all. At Amara, we underthere's no need to rush for the MRT or stand how the stress of today's
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  • THE REGION
    • 377 3  -  From Harish Mehta in PHNOM PENH THE ruling Cambodian People's Party officially launched its election campaign yesterday with a dramatic announcement that its membership would cross the threemillion mark this month. The CPP, headed by general secretary Chea Sim and
      377 words
    • 285 3 THE Khmer Rouge said yesterday that it would not accept the result of next month's Cambodian election, in effect throwing a spanner in the works right on the first day of the election campaign. Khmer Rouge spokesman Mak Ben said that to do
      285 words
    • 290 3 Bernama KUALA LUMPUR Malaysia needs to change strategies after having successfully managed a high-growth economy Bank Buruh (M) Bhd chief executive and executive director Tan Sri R V Navaratnam said yesterday that after concentrating on the demand side in managing the economy. Malaysia
      Bernama  -  290 words
    • 382 3 AFP. Bernama Reuter. KOTA KINABALU The Christian-led party that controls Malaysia's Sabah state yesterday formed a coalition with its former Muslim rivals, dealing a blow to Prime Minister Mahathir Mohamad's government in Kuala Lumpur. Sabah's Roman Catholic Chief
      AFP.; Bernama; Reuter.  -  382 words
    • 494 3 Reuter JAKARTA The Indonesian air force needs nearly 100 more warplanes and could buy them from Britain if Jakarta's conditions are met. Research and Technology Minister Bacharuddin Habibie said yesterday that the deal depended on British Aerospace giving 35 per cent of
      Reuter  -  494 words
    • 165 3 Reuter HANOI The Vietnam War finally ended for eight American ser\ icemen yesterday when the L'S sent home their remains with military honours. US officers hunting for clues about the fate of more than 2.000 American armed forces personnel unaccounted for since the war
      Reuter  -  165 words
    • ASIA NOTES
      • 96 4 AFP BEIJING Chinese Premier Li Peng yesterday met Charles Robb. chairman of the US Senate's Last Asian and Pacific Allaire Sub-committee, the Xinhua news agency said. During their hour-long meeting, the two men "exchanged views 011 Sino-US relations and other issues of mutual concern",
        AFP  -  96 words
      • 58 4 Reuter PHNOM PENH Cambodian workers constructing a steel mesh fence on top of the concrete walls ot the UN headquarters building here on Tuesday. More than USS 100.000 (*****,000) worth of extra security measures are now being installed following the increase in incidents of law
        Reuter  -  58 words
      • 75 4 Reuter TOKYO A Japanese researcher has unearthed documents compiled by the former Japanese Imperial Army which showed the existence of comfort women and brothels in Malaysia during World War 11, Kyodo news agency said yesterday. Kyodo quoted Chikako Miyamae. researcher of the Museum of
        Reuter  -  75 words
      • 66 4 AFP KUALA LUMPUR Malaysia yesterday expressed hoped that Bangkok's authorities would move in and stop Thai citizens from throwing stones at Malaysian security forces patrolling the common border of the two countries. Federal criminal investigations director Zaman Khan said Malaysian security personnel had been pelted
        AFP  -  66 words
      • 74 4 AP TAIPEI Prosecutors yesterday charged a legislator, two campaign aides and 17 village officials with buying votes to help the legislator win in last December's elections. Yu Yihcheng. a 44-year-old former Lungtan town chief from the governing Nationalist Party, was alleged to have collaborated with aides
        AP  -  74 words
      • 104 4 Reuter JAKARTA An Indonesian court has sentenced to death a fugitive rebel leader in the northern province of Aceh. Kompas newspaper reported yesterday. It quoted judge Sartono as telling the Aceh court on Tuesday that Robert Surya Dharma, a commander of the Free Aceh movement,
        Reuter  -  104 words
      • 45 4 Reuter YANGON A Myanmar man paddling past the Strand Hotel in downtown Yangon. The famous British colonial hotel, opened in 1901. is now under renovation and is set to become Yangon's best hotel again after work on it is completed.
        Reuter  -  45 words
    • 310 4 Reuter WASHINGTON The US and the Philippines have reached agreement on the protection of intellectual property rights for books, videos and computer software. Visiting Philippine Secretary of Trade and Industry Rizalino Navarro said at a news conference on Tuesday that he and US
      Reuter  -  310 words
    • 501 4 New issue in dispute: disposal ot British military land in HK Reuter HONGKONG Diplomatic contact between China and Britain on the political future of Hongkong is continuing in spite of the public war of words between the two countries, a senior
      Reuter  -  501 words
    • 354 4 AFP TAIPEI Taiwan will not repatriate two men who hijacked a Chinese airliner to Taipei, saying yesterday legal proceedings for the trial have began. "It should be proper for our judicial authorities to handle the hijacking case under our legal system." Justice
      AFP  -  354 words
    • 375 4 AFP TOKYO President Kim II Sung, ignoring widespread alarm over North Korea's suspected nuclear arms programme. yesterday called on the two Koreas to remove fears of another war between them. Mr Kim. 81 on April 15 and the only leader
      AFP  -  375 words
    • 261 4 AFP. Reuter UNITED NATIONS The UN Security Council has heard a report on North Korea's defiance of international nuclear safeguards but has avoided considering sanctions, recommending instead negotiations, a top UN official said yesterday. Hans Blix. director of the
      AFP.; Reuter  -  261 words
    • 404 4 AP TAIPEI A 10-member delegation left for Beijing yesterday to prepare for the highest-level meeting between China and Taiwan since the Nationalists lost a civil war in 1949. Chiu Cheyne. a former key aide to President Lee Teng-hui and now secretary-general
      AP; Reuter  -  404 words
    • 289 4 Reuter HONGKONG Hongkong deported 57 Vietnamese to Hanoi yesterday under its programme of forced repatriation of boat people refused refugee status, the government said. Refugee Coordinator Brian Bresnihan said in a statement that the flight, which carried 52 women, four boys and one
      Reuter  -  289 words
    • 359 6 AFP -ISLAMABAD Russian Koreign Minister Andrei Kozyrev yesterday said his country, determined to shed the legacy of the former Soviet Union, will adopt a balanced foreign policy in South Asia by opening a new chapter with Pakistan. Mr Kozyrev, who arrived on Tuesday for
      AFP  -  359 words
    • 49 6 Reuter ISLAMABAD Sardar Assef Ahmad Ali (left), the Pakistani Minister of State for Kconomic Affairs under Prime Minister Mawaz Sharif, announcing his resignation at a news conference here on Tuesday, joined by two ministers, Hamid Nasir Chattha (centre) and Anwar Saifullah. who resigned last week Reuter
      Reuter  -  49 words
    • 190 6 Reuter TOKYO Stuck in a severe slump. Japanese computer makers planned to ask for government aid to keep on excess workers, an industry association spokesman said yesterday. Ihe Klectronic Industn Development Association wanted the government to pay hard-up companies some of the
      Reuter  -  190 words
    • 313 6 Bloomberg Business News TOKYO A Japanese government eeonomic reseue package will emphasise spending that will triekle through to broad areas of the country's economy, say economists. But it is still not clear how the government will fund it. The government had outlined a
      Bloomberg Business News  -  313 words
    • 216 6 Reuter TOKYO Japanese Prime Minister Kiichi Miyazawa said yesterday he was troubled by reports that Russia was still dumping radioactive waste into the Pacific near Japan. The Japanese daily Maimchi Shimbun quoted a senior Russian government official as saying that Moscow was
      Reuter  -  216 words
    • 304 6 AFP CANBERRA Hopes of improved job prospects for one million unemployed Australians were raised by new data released yesterday indicating economic recovery is gathering strength here. Commonwealth Employment Service (CES) figures suggested a strong pick-up in job vacancies while the
      AFP  -  304 words
  • Page 3 Advertisements
    • 120 3 Cambodia: the countdown begins, Pg 25 Rising Above the Rest Technology Parks Pte Ltd have earned itself an enviable reputation for excellence in its property management and marketing services. We have refurbished Ang Mo Kio Industrial Parks I 11, making it one of the most sought after industrial facilities in
      120 words


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  • Page 7 Advertisements
    • 286 7 TRUST CITIBANK TO BRING YOU ALL THE REWARDS OF AWARD-WINNING FUNDS. The fact that everyone is looking to make So, you can enjoy all the rewards. more from their investments is no great surprise. In addition, Business Times has ranked Especially today, when interest rates are not Credit Lyonnais funds
      286 words

  • THE WORLD
    • WORLD WATCH
      • 95 8 Bloomberg Business News WASHINGTON The US consumer price index rose 0.3 per cent in March, according to the average of 15 forecasts in a Bloomberg Business News survey. Excluding food and energy, the CPI core rate also rose 0.3 per cent last month,
        Bloomberg Business News  -  95 words
      • Article, Illustration
        47 8 Reuter MOSCOW A young girl hugging her pet goat, one of four born in a Moscow flat yesterday. The family keeps goats in their small apartment to help offset the rising price of milk, as inflation is running at 2,600 per cent a year. Reuter
        Reuter  -  47 words
      • 89 8 Reuter BRUSSELS Unemployment in the European Community rose to 10.1 per cent in February for the first time since the fourth quarter of 1987, the EC statistics office Eurostat said yesterday. The seasonally-adjusted unemployment rate was up 0.1 percentage point from January and
        Reuter  -  89 words
      • 70 8 Reuter BELFAST British Prime Minister John Major, capitalising on a wave of Anglo-Irish revulsion over the Northern Ireland conflict, yesterday urged deeply distrustful politicians to resume peace talks. Mr Major said all political leaders in Britain, Northern Ireland and the Irish Republic should heed
        Reuter  -  70 words
      • 104 8 Reuter NAIROBI The United Nations, saying it had inadequate funds to support relief work, warned yesterday that hundreds of thousands of people could starve to death in Sudan's war-torn south due to international neglect. The WFP, the UN's food arm, said it needed US$l3O
        Reuter  -  104 words
      • 95 8 Reuter JERUSALEM Israel said yesterday, in advance of an IsraeliEgyptian summit expected next week, it was confident Egyptian President Hosni Mubarak did not want "to embarrass or pressure" the Jewish state. The comment came a day after Mr Mubarak and US President Bill Clinton predicted
        Reuter  -  95 words
      • 65 8 Reuter PARIS New French Defence Minister Francois Leotard will visit French troops in Bosnia soon. Foreign Minister Alain Juppe said yesterday. "My colleague in defence, Francois Leotard, is going there soon," Mr Juppe told Europe 1 Radio. Asked if this meant today, Mr Juppe
        Reuter  -  65 words
    • 433 8 Reuter FRANKFURT Employers and workers in the east German engineering industry deepened their trenches and braced for battle yesterday after union officials in the state of Saxony voted to call a strike ballot. At issue is a 26 per cent pay
      Reuter  -  433 words
    • 596 8 Reuter. AFP MOSCOW Creditors offered Russia unprecedented concessions in a debt rescheduling deal sealed last week, giving the country a solid base to continue its economic reforms, a senior otTicial said here on Tuesday. Deputy Prime Minister Alexander Shokhin, who is also
      Reuter.; AFP  -  596 words
    • 49 8 Reuter MAMELODI, South Africa African National Congress supporters arriving for the reburial on Tuesday of Solomon Mahlangu, the first ANC activist hanged for a guerilla attack in 1979. ANC leader Nelson Mandela addressed the 4,000 people who gathered at a cemetery to rebury Mahlangu. Reuter
      Reuter  -  49 words
    • 532 8 Reuter PARIS On the warpath over trade during the election campaign. France's new conservative government is sending out peace signals now that it has taken power. The centre-right used farm trade as a political sledgehammer before last month's general elections, saying
      Reuter  -  532 words
    • 317 8 NYT WASHINGTON The Clinton administration has warned that the principal trust fund for Medicare, which finances hospital care for 35 million elderly and disabled people, would run out of money in 1999. The report by the Medicare trustees
      NYT  -  317 words
    • 239 8 Reuter WASHINGTON European Community officials heralded a new era in US-EC cooperation on global environmental issues on Tuesday after two days of meetings with US VicePresident Albert Gore and other senior administration officials. Danish Environment Minister Svend Auken. president of the
      Reuter  -  239 words
    • 339 8 Reuter TOKYO British Foreign Secretary Douglas Hurd yesterday said a summit of leaders of the Group of Seven (G-7) major industrial powers scheduled for July in Tokyo may be moved forward, depending on developments in Russia. Visiting Tokyo ahead of
      Reuter  -  339 words
    • 308 8 Reuter PARIS The chairmen of France's state-owned firms are eager for privatisation but bankers say the government must choose wisely if its sell-off of state firms is to succeed. Facing budget problems and under pressure to make a mark before presidential elections in 1995.
      Reuter  -  308 words

  • COMPANIES & MARKETS
    • 644 9  -  Republic scores highest in enforcement By Quak Hiang Whai SINGAPORE The Singapore stock exchange was ranked highly in a recent poll by financial magazine Asiamoney <$ Finance on the most improved securities regulators in the Far East. The republic ranked the highest in
      644 words
    • 158 9 SINGAPORE Gold Peak Industries Holdings can dispose of its shares in Clipsal industries (Holdings) and GP Batteries International sooner than was previously agreed. Gold Peak now owns 75 per cent of Clipsal and 65 per cent of GP. Under its previous agreement with the Stock
      158 words
    • 436 9  -  By Amy Balan SINGAPORE Current syndicate target ldris Hydraulic is not new to speculative activity. In the first quarter of 1991, despite massive debts and accumulated losses of MSI 13 million (Ss7l million), ldris soared from 50 sen to MS 1.20 on
      Source: Bridge Info  -  436 words
    • 901 9  -  HOCK LOCK SIEW Amy Balan SINGAPORE Whatever happened to the stock market maxim: "Buy low, sell high"? Judging from the way prices and volumes have been shooting up and up. the maxim might have well been: "Buy high and
      901 words
    • 432 9  -  By William Chia SINGAPORE Property and trading company Amcol Holdings and Hongkong's property giant New World Development are close to clinching major property projects in China and Vietnam. Sources told BT that Amcol and New World were on the
      432 words
    • 236 9  -  By R Sivanithy SINGAPORE Tajuddin Kamli, chairman of Malaysian telecommunications firm Technology Resources Industries Bhd. is believed to have placed out 30 million of his shares in the company at MS4 apiece. Brokers told BT that the placement was carried out on
      236 words
    • Article, Illustration
      403 9 Source: Bridge Info Performance of STII's index stocks Apr 7 La«l StMt Index Slock sale h|ff factor moterx S S Asimo 1930 -0010 I 58 -I.J4 CAC 6 WO 0 100 5 61 15 42 Cental 5 400 0 250 4 W 3J 56 F&N 12 600 0 400
      Source: Bridge Info  -  403 words
    • COMPANIES
      • COMPANY BRIEFS
        • 28 10 SINGAPORE CWT Distribution will begin trading on the main board of the Stock Exchange of Singapore on Monday, the SES said yesterday.
          28 words
        • 44 10 SINGAPORE Jurong Engineering said yesterday that due to some of its overseas associates and subsidiaries not meeting their deadlines, its 1992 financial results could not be released by March 31. It expects to report its results by April 14.
          44 words
        • 64 10 Bernama KUALA LUMPUR Malaysian Resources Corporation Bhd. which is involved in the management buy-out ol the New Straits Times Press (M) Bhd and Sistem lelevisyen Malaysia Bhd. plans to diversify its operations to boost earnings. MRCB executive vice-chairman and director Mohd Noor Mutalib said yesterday that
          Bernama  -  64 words
        • 55 10 Bernama KUALA LUMPUR Industrial Oxygen Incorporated Bhd reported a 10.5 per cent rise in group pre-tax profit to M 525.35 million (5515.9 million) for the half year ended Dec 31. from M 522.94 million in the previous corresponding period. Group turnover rose 9.7 per cent
          Bernama  -  55 words
      • 250 10 Indonesian stock forgery scam Reuter JAKARTA Indonesia has said there is no indication of more fake share certificates in the market after the recent scandal involving five firms listed in Jakarta. "We did not find any indication that there are more fake shares
        Reuter  -  250 words
      • 229 10 Reuter SYDNEY Takeover fears cast a shadow over newspaper publishers Fairfax yesterday with news that Australia's richest man, Kerry Packer, had acquired 10 per cent of the company he once coveted. Executives from Packer companies declined to comment on reports that the
        Reuter  -  229 words
      • 196 10 FT LONDON International Business Machines, the world's largest computer manufacturer, is launching a full bid for the French computing services company Compagnie General d'lnformatique. The bid values the computing services company at just over 2.5 billion French francs (***** million), about 1.2 times
        FT  -  196 words
      • 449 10 Deals with UEM, Renong cover new township, two highways Bernama JOHOR BARU The Johor government yesterday signed agreements with United Engineers Malaysia Bhd (UEM) and Renong Bhd to develop a 10.700-hectare township in Gelang Patah. near here, and two highways to complement the
        Bernama; Bernama photo  -  449 words
      • 402 10 Reuter BANGKOK The Stock Exchange of Thailand yesterday said it is worried by the current thin trade in shares, but that it cannot control the factors discouraging investors. Daily turnover plunged to a 15-month low on Monday, when only 1.48 billion baht (5594.7 million)
        Reuter  -  402 words
      • 613 10 MARKET WATCH Reuter TOKYO The once moribund Japanese stock market is suddenly outperforming expectations, but analysts say there is still room for more bulls to run. Yesterday, the bellwether Nikkei Average moved above the 20.000-point level for the first time
        Reuter  -  613 words
      • 524 10 UNIT TRUSTS FUNDS Managers' prices Apr 8 Prudential Singapore Unit Trust l 1 y h unJ ,w 114 The Commerce I 31 I 38 MARA-Bumiputra The Savings Fund III I I7*d Fir* B pulra 1.65 I 70 S pore Pros Fund 0 51 0 56 Second H pulra I hi
        524 words
      • 1532 10 Payment K\ Books Pa> (S) dale close dale Acma F 7.5 Jun 10 Jun 22 Jul S Amtek Eng 20* I 6TE Apr 15 Apr 21 Apr 30 Apollo F 2.5 Jun 21 Jun 2S Jul IS Avimo 20* F I2.5TE Feb 17 Mar 1 Apr 15 Berjaya
        1,532 words
    • FINANCE
      • SMALL CHANGE
        • 77 12 AFP HONGKONG An increasing number of international reinsurance companies are withdrawing from the Asian reinsurance market due to overcapacity, a Paris-based insurance firm said. "Three, possibly four, international reinsurance companies are withdrawing from the local reinsurance market because of market overcapacity and resultant rate cutting,"
          AFP  -  77 words
        • 81 12 Reuter BOMBAY The Reserve Bank of India (RBI) announced a cut in the reserve requirements of commercial banks yesterday, saying it would make an additional 49.5 billion rupees (552.6 billion) available for lending. But the RBI, announcing the central bank's credit policy for the first six
          Reuter  -  81 words
        • 101 12 Reuter FRANKFURT The organisation of commercial banks in Germany said European Community approval of a disputed capital injection at a major public sector bank would open the floodgates to similar moves by other authorities. "It is to be feared that this bad example will serve
          Reuter  -  101 words
        • 110 12 Reuter BERNE The Swiss bank authorities said they have cut capital adequacy requirements for real estate holdings of Swiss banks to ease the takeover of property by banks and to enliven the depressed real estate market. Banks which took property not needed for operational
          Reuter  -  110 words
        • 103 12 Reuter MANAMA Saudi Cairo Bank reported a 56.8-million-riyal (5524.9 million) net profit in the first quarter of 1993 after recording no profit in the same period last year. The Jeddahbased bank, publicly traded in Saudi Arabia, is 55 per cent owned by Saudi shareholders, 25
          Reuter  -  103 words
      • 129 12 AFP HONGKONG Hongkong is to introduce legislation to guard against money laundering, said the chairman of the Hong Kong Securities and Futures Commission (SFC) yesterday. Robert Nottle said the commission was examining how to implement recommendations made by a task force studying
        AFP  -  129 words
      • 183 12 Reuter HONGKONG HSBC Holdings pic says its whollyowned unit Hongkong Bank of Canada has reached agreement to buy ANZ Bank Canada, a wholly-owned unit of Australia and New Zealand Banking Group Ltd. It said in a statement that details of the transaction
        Reuter  -  183 words
      • 334 12 Interview with Simex president Ang Swee Tian KnightRidder SINGAPORE The Singapore International Monetary Exchange would like to trade futures contracts in long-term interest rate instruments, exchange president Ang Swee Tian said yesterday. Various instruments had been suggested by members, such as Japanese government bonds.
        Knight- Ridder  -  334 words
      • 444 12 Reuter KUALA LUMPUR The ringgit, buoyed by a still robust economy and high interest rates, is set to stage another rally against the US dollar, dealers said. Hints from the central bank. Bank Negara. that it was willing to accept a stronger
        Reuter; Chart by Tele Trac  -  444 words
      • 445 12 Bernama KUALA LUMPUR Bank Negara should consider introducing a two-tier interest rates regime one for local funds and the other for foreign money in efforts to contain broad money supply. A chief foreign exchange dealer, who made the suggestion, said
        Bernama  -  445 words
      • 226 12 Knight-Ridder SINGAPORE Simex sees no obstacles with trading its Nikkei futures contract in 1995 when it must renew its agreement with the index's owner, says Simex president Ang Swee Tian. The exchange had received no indication from the Sihon Keizai Shimhun.
        Knight-Ridder  -  226 words
      • 315 12 Reuter SYDNEY Entrepreneurs, blamed for wrecking Australia's corporate reputation in the 1980s with their cavalier wheeling and dealing, could be the country's economic saviours in the *****, a leading banker has said. "What Australia needs at the moment more than ever is an
        Reuter  -  315 words
    • FINANCE & COMMODITIES
      • 381 13 Insurers expected to shift to low-risk investments Reuter TOKYO Japan plans to introduce new accounting standards for insurance companies in a move likely to lead to them investing more in domestic bonds and corporate lending and less in foreign assets, economists said.
        Reuter  -  381 words
      • 258 13 AFP KUALA LUMPUR The world's natural rubber producers are to finalise their own production control scheme at a meeting later this month to prepare for a possible collapse in talks with consumers on a new price pact, officials said yesterday. The six-member Association
        AFP  -  258 words
      • 127 13 TRADING continued to be mixed in the US$/S$ market with good interest on both sides. However, the tone continues to be soft on the US dollar with many corporates looking to sell at higher levels. The ringgit, continued to gain against the US dollar yes-
        127 words
      • 194 13 Reuter LONDON The dollar sprang a surprise late rally towards the end of European trading after a day of thin business yesterday as the foreign currency and stock markets wound down for the long Easter weekend. The US currency broke through 1.62 marks before slipping back to close at
        Reuter  -  194 words
      • 94 13 AFP NEW YORK The dollar was mixed in quiet early trading yesterday in New York, as gold prices eased. At 9:30 am (1330 GMT) the US currency was trading at 1.6123 Germany marks compared to 1.6120 late Tuesday and 113.93 yen from 114.10. The dollar fell to 5.4555
        AFP  -  94 words
      • 232 13 Bloomberg ENERGY REPORT LONDON Oil futures prices in London and New York rose yesterday in a partial recovery from Tuesday's plunge, brokers said. The moderate strength was mainly a result of some traders bidding prices up as they covered their sales on
        232 words
      • 571 13 expected to be strong against D-mark Reuter LONDON Sterling will benefit as the mark hits the shoals of recession in Germany but. unless its recent rally gains momentum, further cuts in British interest rates are unlikely soon, say economists and analysts. "The outlook for sterling against the mark can only
        Reuter  -  571 words
      • Article, Illustration
        1609 13 liijjf nimhu-,1 inji tahiilaitti atum\/ top 14 iiaJinic partn«i> Hum' nur IW US$/S$ forward rates Noon Apr 7 ss Bid Offer 1-month ***** 1.6241 2-month ***** 1.6222 3-month 1.6140 1 6205 6-month 1.6145 1.6165 .Vtwnt' (K HI Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am yesterday: Singapore dollars lo
        1,609 words
    • COMMODITIES & FUTURES
      • 1515 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest futures ended steady after a session of uneventful trade yesterday, with most dealers sidelined ahead of the long Easter weekend and the release ot US inflation figures today and tomorrow. September Eurodollars ended unchanged at 96.51 and December
        Reuter  -  1,515 words
      • 973 14 COMMODITIES REPORT Tin The Kuala Lumpur Tin Market closed a cent lower at MS 14.35 a kg yesterday. mainly due to higher offering and a lower London close, traders said. "The market is easier... a fall in the London price overnight caused
        973 words
    • 1724 14 Rubber HAS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S ccnts/kg) ("lose Volume Open Month High Low Sett (tonnes) Interest Ma\ 93 134 00 134 00 134 00 foo 8.375 Jun 135.75 135.50 135 50 350 6 000 Jul 137 00 136.75 136 75 250
      1,724 words
    • REGIONAL STOCK MARKETS
      • 1053 15 -3.4 Stocks yesterday closed lower in dull pre-holiday trade brightened only by Kerry Packer's reported raid on John Fairfax Holdings. Some 36 million Fairfax shares were traded at US$2.lO each after the market closed on Tuesday. Fairfax stock went up six cents to A 51.98. The All Ordinaries Index
        1,053 words
      • 536 15 +26.75 Share prices yesterday continued to rise for a third day on bargain-hunting in anticipation of a rally. The Manila Composite Index closed 26.75 points higher at 1.556.13. "There were a lot ot bar-gain-hunters beeause there's still an antieipation of a rallv some time in April or May." said
        536 words
      • 384 15 +2.38 The stock market traded actively as the index rose to just below the 700 level, lhe index broke 700 shortly after trading opened and rose further in the early afternoon. But profit-tak-ing dragged the index back to a close ot 699.49. up 2.38 points. Volume and turnover increased
        384 words
      • 272 15 3.80 The share market ended sott vesterdav after a mixed day's trading, with Brierley Investments remaining under pressure from its rights issue. The NZSt-40 Capital Index ended at 1,560.39 points, up 3.80 BIL ended two cents lower at 90 cents on turnover of 11.6 million shares, while the
        272 words
      • 590 15 +30.67 Stocks ended at a 12-month high in heavy trade as buyers chased shares after two days of public holidays. The Weighted Index closed 30.67 points up at 5.013.28. its highest finish since 5,029.61 on March 14, 1992. Turnover was a heavy NT581.24 billion. Profit-taking in banking shares, which
        590 words
      • 71 15 +97.24 Share prices rose sharply in trading before announcement of the credit policy for the first half of the fiscal year but reactions later were mixed and brokers were divided on which way the market would go today. The Bombay Stock Exchange (BSE) index closed at 2,408.68 yesterday, up
        71 words
    • WORLD STOCK MARKETS
      • 754 15 Britannia Funds Sterling Cash Bid (HIer Mim Cap Deposit Mim Jcr*» Gill 0 I** 0 W Mim Mai Income *0>MOO *1 0*B I S$ C ash Income Plus Fund 10 1100 *****0 PS S Reserse Fund 5 2000 5 2100 sierling Fquio Euro Performance 0 4592 O 4-J}* Far Fast
        754 words
      • 644 15 •10.1 Shares finished mostly lower in subdued trading ahead of the long weekend, with the supportive effects of strength on Wall Street countered by weaker FTSE futures, dealers said. The FTSE 100 index ended 10.1 points down at 2,822.1, just above the middle of the day's 35point range. Volume
        644 words
      • 137 15 -11.37 Jitters about several index blue chips helped drag the Paris bourse down in moderate trade yesterday. The market has entered a phase of position-squar-ing ahead of the four-day Easter weekend and, barring an interest rate cut or surprises in Prime Minister Balladur's first policy speech to parliament, brokers
        137 words
      • 100 15 -o.Bpc Swedish stock prices slipped to lower closes across the board yesterday in a calm market subdued by the approaching holiday. The OMX index eased 0.8 per cent to close at 766.15 points. The allshare index was not available. Helped by a small s.irge in trade in the new-ly-extended
        100 words
      • 164 15 -15.09 German shares slipped yesterday, pushing the DAX 30 to a close just above support at 1,650 points. Disappointment about the slow pace of Bundesbank moves to engineer money market rates down and losses among car shares pulled the bourse down. The DAX Index ended at 1.650.31, down from
        164 words
      • 148 15 +2.Bpc Italian stocks enjoyed one of their best sessions for some time yesterday, with prices rising virtually across the board on the back of strong performances by Fiat and Generali. The MIB Index closed 2.80 per cent higher at 1,102. The underlying trend was up 2.22 per cent. Fiat
        148 words
      • 223 15 -1.58 The fall in Heineken, which at one stage reached 4 per cent, dominated an otherwise quiet bourse yesterday. The EOE index ended 1.58 lower at 317.57. Heineken's 1992 annual report said the European beer market was coming under increasing pressure from recession and taxation, and warned against short-term
        223 words
      • 125 15 +2.28 Belgian shares closed slightly higher yesterday after early losses were reversed in the last five minutes of trade by aggressive buy orders. Traders also said they expected the market to react positively to a 10 basis points cut in the central bank's central rate after the bourse's close.
        125 words
      • 242 15 -5 Swiss shares ended lower yesterday after trading narrowly in lacklustre afternoon business. The all-share SPI index eased 5.0 to 1,340.5 while the SMI index of leading shares closed 11.1 points down at a final 2.184.9. Steady financial stocks and some industrials helped the market to hold at a
        242 words
      • 276 15 -23 South African shares closed lower across the board yesterday on a general lack of interest ahead of the Easter long weekend and a weaker gold price. The JSE Industrial Index lost 23 points to 4.340 and the overall index lost 21 points to 3,565. The gold index shed
        276 words
      • 289 15 -5.55 Stocks were mixed in early trade yesterday with strength in industrial products providing a foil for soft precious metals and transportation. The TSE-300 drifted 2.28 points lower to 3,601.09 on volume of 9.96 million shares valued at C 5109.34 million. Advances outpaced declines 195 to 143, with 223
        289 words
      • 742 15 -1.62 Blue-chip stocks posted modest gains yesterday as investors were encouraged by a new decline in long-term interest rates. The Dow Jones Industrial Index was up 8.35 points at 3,385.92 at 11:00 am in heavy trading. On Tuesday, blue-chip stocks closed lower amid a persistent broad-based sellotT in
        742 words
    • Article, Illustration
      3042 16 Reuter SHARK PRICES closed almost one per cent lower yesterday but brokers said that turnover was thin and there were signs of support at lower levels. "At the lower level, the market seems to find support," said one dealer. The Hang Seng Index slid 59.13 points to close at
      Reuter; Source: Bridge Info  -  3,042 words
    • Article, Illustration
      457 16 THE Shenzhen A market closed higher yesterday with all stocks gaining in moderate trading. The best performer was Da Sheng. climbing 9.37 per cent on the back of good company results. The CLSA Shenzhen A Index climbed 86.42 points to end the day at 2.923.78. reversing some of the
      457 words
    • Article, Illustration
      2564 16 Reuter STOCKS ended up but were pulled off their highs by late profittaking yesterday. The Nikkei pushed above 20.000 a few times but failed to close above that level. Active buying on dips helped investors confirm that the trend was still upward in spite of Tuesday's downward adjustment, dealers
      Reuter; Source: Bridge Info  -  2,564 words
    • Article, Illustration
      1745 16 Reuter BANGKOK Index-linked buying of shares of major banks and property firms in the last half-hour pushed the stock index up in thin trade yesterday, brokers said. The SET Index ended 2.32 points higher at 855.03 on thin turnover of 1.98 billion baht after holding near unchanged for most
      Reuter; Source: Bridge Info  -  1,745 words
    • Article, Illustration
      988 16 Reuter JAKARTA Share prices mostly weakened in the afternoon session yesterday in moderate trade, brokers said. "There was selling pressure and corrections on some favourite shares, bringing prices down slightly." one broker said, adding that foreign players were active in cross trading. Among the losers were L'nggul Indah. Bank
      Reuter; Source: Bridge Info  -  988 words
    • 2653 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Idns H\d MV MmjM Mulpha Intl MV :«0<»l.000 XsuPjeldMV 27.W4M Kenong Bhd Mk I8.8VV000 Rromet 12.455.000 Metropk-xMX 11 W.000 MBUapiUl 5.885.000 h aher < >roup 4.<»21.000 kl Industries 4.186.001) AMDB MV V«: 000 Multi-Purpose J.'^.OOO Bedford MX 2.OTV000 Ind
      Source: Bridge Info  -  2,653 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5225 17 Bernama KUALA LUMPUR A wave of speculative buying interest and late profit-taking activity pushed share prices to close generally mixed to slightly steadier yesterday in hectic trading. The K.LSE Composite Index breached the 660 resistance-level at the close to finish 5.46 points higher
        Bernama; Source: Bridge Info  -  5,225 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7590 18  -  By Sylvia Wong SINGAPORE The Straits l imes Industrials Index cruised to its fourth consecutive record session vesterdav with a H>-point gain to 1.721.20. Continued bu\ing by institutional and retail investors lifted turnover by 98.66 million units to 345.71 million units worth $463.59
        Source: Bridge Info  -  7,590 words
      • 82 18  -  HOT STOCK Quak Hiang Whai IN a market which has run up quite a hit. it is easy to pick overbought counters. One of them. Kay Hian James C'apel. broke resistance at 60 cents early this month and is now trading around its all-time high. All
        SOURCE: BRIDGE INFO  -  82 words
  • Page 9 Advertisements
    • 102 9 This announcement appears for the purpose of record only NEW ISSUE @1 w* YAOHAN JAPAN CORPORATION 10,000,000,000 V/, PER CENT. CONVERTIBLE BONDS DUE 1998 Nomura Singapore Limited New Japan Merchant Bank (Singapore) Limited Wako Merchant Bank (Singapore) Limited Tokai Asia Limited The Development Bank of Singapore Ltd Daiwa Singapore Limited
      102 words

  • Page 10 Advertisements
    • 141 10 UK MASTERS Management Consultancy Training Services Taman Warna, PO Box 0289, Singapore 9127 EXECUTIVE SEMINARS FINANCE MANAGEMENT FOR PROJECT MANAGEMENT NON-FINANCIAL MANAGERS SKILLS Accounting Reports Basic Project Management Concepts Ratio Analysis Organization Systems Profit Planning Improvements Who is the Project Manager (uk/ Funds Flow Statement A Statement of Cash Fl<m
      141 words
    • 10 10 THE STRAITS TIMES CLASSIFIED A&a PROPERTIES TW YOUR PROPERTY GUIDE
      10 words

  • Page 11 Advertisements
    • 1659 11 Westpac Banking Corporation STATEMENT OF ACCOUNTS FOR YEAR ENDED 30 SEPTEMBER 1992 I ffoctnar WESTPAC BANKING CORPORATION AND ITS CONTROLLED ENTITIES (All ligures quoted in Australian dollars) I Australia Co,por lon I HEAD OFFICE I 60 Martin Place Balance Sheets as at 30 September 1992 Consolidated Bank Audit Opinion I
      1,659 words
    • 157 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 CI IBH FAR EAST HOLDING (PTE) LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act. Cap 50 that the Final Meeting of Members of the above named Company will be hekj at 65
      157 words

  • Page 12 Advertisements
    • 36 12 r-rre: 1 A A A A A A. Jl T T T Whether you fly with us on our daily non-stop to London Or enjoy our free stop-over in Bangkok WE GO Call Qantas on *****
      36 words

  • Page 13 Advertisements
    • 37 13 j*, p V j I I Qantas to London 14 times a week Leaves just before midnight, Remember, nobody flies to London more often than Qantas. arrives in time for breakfast. further 4 or your travel agent.
      37 words

  • Page 14 Advertisements
    • 317 14 SWITZERLAND Your address in Europe for commercial partnerships financial transactions. Confidentially seriously handled. BURO-PLATEL 38, rue de Lausanne CH-1950 Si on The Straits Times Classified The Greatness of Being Small I BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX 734 3698 I OFFICIAL NOTICE I We, Ocean Steel Pte Ltd
      317 words
    • 38 14 As and when the latest I>ondon/ Rotterdam prices are not available, the previous trading day's closing figures arc carried instead 737-1166 Business -"frX heats up A when you ggy- make the call and place an C.A.T.S. ad. 1737-*****
      38 words


  • Page 16 Advertisements
    • 33 16 Don't show your true colours in business Wear them plain OISB3N? i Retail Outlets: #02-02 Centrepoint, #01-26 Chinatown Point. #02-l4.V\ Marina Square. #01-07 Kaffles City, #02-20 VNjvma Atria, and all leading department stores.
      33 words


  • Page 18 Advertisements
    • 81 18 'Vifiiiiii'iiir x ■r xV OINCE 1735 THERE HAS J NEVER BEEN A QUARTZ BLANCPAIN WATCH ■HRf /m|l ND THERE never w,ll be 4 nu Singapore 7M24KV I ScoMs 2W>2 7 7I<W» jStCer.l-eix>ini Tel 7I4IVW<jO» fVrsinsula data Tel n7BK»'IWV/>? Wo»1d TradeCenlre Tel *****07 Chaigi Airport Termina' f.Vlcsl W.ngsl Tel S42<)o0 <
      81 words

  • SPORTS
    • 848 19 The US Masters Golf AP AUGUSTA, Georgia Swing guru David Leadbetter took a long look at a famous pupil named Nick and delivered an opinion. "You're going to catch fire soon," Leadbetter said and walked away from the perspiring man on a practice tee in Florida.
      AP  -  848 words
    • 860 19  -  Jaime Diaz wonders if the Australian can finally master the Masters Jaime Diaz NYT AUGUSTA, Georgia So many times in the past, Greg Norman has been the natural choice to win the Masters. Since his debut at Augusta in 1981, when he finished
      NYT  -  860 words
    • SCORE CARD
      • Article, Illustration
        70 19 Reuter NEW YORK Results of Major l>eague games played on Tuesday: American league California Angels 3 Milwaukee Brewers I; Chicago White Sox 10 Minnesota Twins 5; Seattle Mariners 8 Toronto Blue Jays 1. National league Chicago Cubs 1 Atlanta Braves 0; Pittsburgh Pirates 9 San Diego Padres 4; Philadelphia
        Reuter  -  70 words
      • Article, Illustration
        89 19 Reuter NEW YORK NBA results on Tuesday: Indiana Pacers 98 New Jersey Nets 85; Orlando Magic 116 Philadelphia 76ers 90; Atlanta Hawks 109 New York Knicks 104 (ot); Cleveland Cavaliers 115 Miami Heat 100; Houston Rockets 114 Los Angeles Clippers 101; Milwaukee Bucks 113 Chicago Bulls 109; Golden State
        Reuter  -  89 words
      • Article, Illustration
        161 19 AP AL'GLSTA, Georgia Facts and figures for the 57th Masters tournament. At stake: 57th Masters golf championship. April 8-11. Site: Augusta National Golf Club, length: 6,905 yards. Par: 36-36—72. Grass: Bermuda. 18-hole course record: 63. Nick Price. 1986. 72-hole course record: 271, Jack Nicklaus. 1965. and Ray Floyd, 1976.
        AP  -  161 words
      • Article, Illustration
        262 19 Reuter Reuter TOKVO Second round results from the US$l.l9 million Japan Open >esterda> (prefix number denotes seeding): 1-Jim Courier (US) b Martin Damm (Cze) 7-6 (8-6) 6-4; 6-Wally Masur (Aus) b Joao Cunha-Silva (Por) 6-4 6-2; 4-Alex-ander Volkov (Rus) b Jason Stoltenberg (Aus) 6-2 6-4; Doug Flach (US) b
        Reuter  -  262 words
    • 279 19 AP AUGUSTA. Georgia Nick Faldo is golfs modern mechanical man. Ben Hogan was the sport's ultimate perfectionist. The two golfing machines met last November and the 80-year-old Hogan gave Faldo some tips that not even the deep-thinking Englishman had pondered.
      AP  -  279 words
    • SIDE LINES
      • 69 19 AP AUGUSTA. Georgia Arnold Palmer. 63. will be appearing in his 39th Masters this year. South African Gary Player and Jack Nicklaus. who with Palmer made up the trio once known as "The Big Three", will make their 36th and 35th starts respectively. The three have
        AP  -  69 words
      • 49 19 Reuter SEATTLE Toronto Blue Jays starting pitcher Jack Moiris slapping his gloves after giving up his sixth hit of the game during the second inning against the Seattle Mariners at the Kingdome on Tuesday. Earlier, he had allowed a three-run homer by Ken GrifTv Jr. Reuter
        Reuter  -  49 words
      • 73 19 Reuter FORT LAUDERDALE. Florida Three-time American Olympian Matt Biondi said on Tuesday that he has retired and declared that he will have no trouble adjusting to life after swimming. "I lost that killer instinct." said Biondi. 27. who has not swam since collecting three Olympic medals in
        Reuter  -  73 words
      • 113 19 AFP HAMILTON. New Zealand An English plan to put advertising on netballers' knickers was slammed here yesterday as "insulting to the sport". A Norfolk netball team is selling advertising spaces on players* underwear to raise cash to get to a tournament. Team captain Eva
        AFP  -  113 words
      • 60 19 Reuter GREEN BAY. Wisconsin The Green Bay Packers announced on Tuesday that it has signed the National Football League's premier free agent. All-Pro defensive lineman Reggie White, who had been with the Philadelphia Eagles. Terms were not announced but ESPN Television reports have the Packers giving
        Reuter  -  60 words
  • Page 19 Advertisements
    • 38 19 The Official Film of the 1992 US Masters will be screened tonight on SBC 12 at 11.25 pm. The final day's highlights of this year's event will be shown on SBC 12 on Monday night at 10.30 pm.
      38 words
    • 341 19 PAN-WEST SHOWCASES We take your golfing needs very much to heart. And when comes believe an of golf clubs will do You have already seen the extensive clubs from Honma. We now showcase two new additions LB-300 Series. THE EXCITING NEW LB-280s LB-300s The Honma Woods feature newly developed smm
      341 words

  • Page 20 Advertisements
    • 970 20 Null ling Beats A Bud. B WHERE to wine, dine and entertain OK I if MO FOOD BUFFET HY AT OINLY 13.80++ rJ |kJ| Cafe Carousel offers a fantastic spread of Ca\ I ;m tasty, authentic Malaysian dishes in its V dl'l Malaysian buffet. Enjoy daging semur, ijV«I L I
      970 words
    • 341 20 of^S^ancey A.t Top of the M. you can vavMir thp delicacies from Champagne I and Paris. Daring April. Parisian ifyrines,j*fcuies. smoked Artfcnnes ham. and more, will be served on atti burirftable So make your reservations, it's double to be missed '< For reservations. please call 734 6151. (jAaaybapsi*/. SSarts, A
      341 words

  • LIFESTYLE
    • 1062 21  -  William Grimes talks to lan McEwan, who uses history as one of the moving elements in his novels William Grimes NYT THL ROAD to evil lies right outside lan MeEwan's doorstep in the Languedoc region of Franee. Trail No. 74 in the national hiking system known
      NYT  -  1,062 words
    • 481 21 CHATTERBOX UPI UPI AP NOT EVERYONE'S happy about Sharon Stone's engagement to Bill Mac Donald. For instance, the groom-to-be's not-yet-ex-wife is far from thrilled. Naomi MaeDonald says Stone is just a home-wreeker whose basie instinet was to steal her husband. "She's heartless cruel,"
      UPI; AP  -  481 words
    • 683 21  -  Gareth Jones meets a well-known Japanese acupuncturist Gareth Jones Reuter WHEN a young bridegroom came to him complaining of impotence, Misao Takenouchi knew exactly what to do. He placed dried leaves on the man's big toe and burned them. "It always works. He never
      Reuter  -  683 words
  • Page 21 Miscellaneous
    • 1322 21 TV RADIO OUR CHOICE My Heroes Have Always Been Cowboys, 10.30pm, SBC 5 This 1991 modern-day western has Scott Glenn as a seasoned bull rider who returns to his hometown after five years on the rodeo circuit. In between coping with a family who needs him and an ex-lover who
      1,322 words

  • INNOVATION & TECHNOLOGY
    • IN TAKES
      • 91 22 SINGAPORE A new artificial turf system and patented cleaning systems for ceilings, carpets and blinds are among several innovations and products from 342 exhibitors at Sibex '93, the 11th South-east Asian International Building Exposition. UK-de-veloped Netlon Advanced Turf, a wiremesh rootzonc system suitable for heavy use.
        91 words
      • 120 22 Reuter WELLINGTON A small New Zealand firm says it has produced an improved bifocal contact lens that would lit most human eyes, an achievement which has eluded multi-nationals dominating the contact lens market. "Nobody else can make that claim." said lan Handricks, a partner of Hirstlens. the
        Reuter  -  120 words
      • 89 22 NYT MICHIGAN Chemists at the University of Michigan have overcome formidable technical difficulties to create a gigantic ball-shaped molecule that they believe may offer clues to how proteins function in living organisms. The molecule, synthesized by Dr Jeffrey S Moore and a post-doctoral student. Dr Zhifu Xu. is
        NYT  -  89 words
      • 57 22 AFP TOKYO The gathering of the clams may give a clue to the imminence of earthquakes, Japanese scientists believe. To prove their theories that clams group together before a tremor, they are preparing to launch an unprecedented large-scale study into several species of the molluscs, an official of
        AFP  -  57 words
      • 137 22 UPI LOS ANGELES A scientist-turned-farmer's technique of spraying crops with methanol could revolutionise agriculture in arid regions of the world, many researchers believe. Arthur Nonomura, 42, in Litchfield Park, Arizona, discovered several years ago that simply spraying methanol on his plants nearly doubled their
        UPI  -  137 words
      • 121 22 NYT MASSACHUSETTS Two biotechnology companies are racing to be the first to develop proteins that promise to heal broken bones rapidly and perform other orthopaedic magic. The companies, Genetics Institute Inc of Cambridge. Massachusetts, and Creative Biomolecules Inc of Hopkinton. Massachusetts, are conducting initial clinical trials,
        NYT  -  121 words
    • 1087 22  -  Recordable CD-quality sound is finally here. R Sivanithy sheds light on key rivals Sony and Philips R Sivanithy Japanese electronics giant Sony has just launched its minidisc player, the MZ-1, in Singapore and Hongkong. The recordable minidisc (MD), which is about half the size of
      Source: Hi-Fi?  -  1,087 words
  • Page 22 Advertisements
    • 160 22 J 1/ w OPERATION ENTREPRENEUR DEVELOP A BUSINESS PLAN TO TAKE TO THE BANK Win $18,000 CASH plus other prizes Operation Entrepreneur is a business plan writing competition aimed at giving you a chance to turn your entrepreneurial dream into reality. If you think you have a good business idea,
      160 words
    • 323 22 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 HCUPSAL Clipsal Industries (Holdings) Limited (incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Shareholders of the Company will be held at the Degas Room, The Oriental Singapore.
      323 words
    • 628 22 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF POWERDRtVE PRODUCTS PRIVATE LIMITED (In Miiitbw' Voluntary Liquidation) NOTICE OF RESOLUTIONS Alan ExtraordinaivGeneral Meeting ot the members ofthoabcwonamao Company duly convened and held at 4 Kian Teck
      628 words
    • 383 22 M THE MATTER OF THE COMPAMES ACT, CAP.» AND M THE MATTER OF HANNA HOLDINGS PTE. LTD. 0n Mwnbw' Voluntary UquMrton) NOTICE OF RESOLUTIONS Alan Extraordinary General Meeting of the mentors anhestoovenamed Company diiy corwened and held at VWe DaM Industrie 12/ A 1-***** Ronchl 01 VBafranca. (Padova) kaiyon the
      383 words

  • THE LAW PAGE
    • 897 23  -  Ramesh Divyanathan looks at a possible legal consequence of job hopping Ramesh Divyanathan WHEN it eomes to changing jobs, few people realise that their previous employment contract might place legal constraints on whom they can join. Many only ensure that they have given the required
      897 words
    • 317 23 AT THE BAR *ji SOME lawyers feci that the recent imposition of fees for the use of interpreters is. believe it or not. against the Singapore Constitution and plan to ask the Law Society to bring up the matter with the authorities. They argue that since
      317 words
    • 234 23  -  By Conrad Raj THERE'S A RUMOUR going around town that Commissioners for Oaths and Notaries Public will soon have to pay for the titles. In the past couple of months, no new Commissioner for Oaths or Notary Public has been appointed, although there have been applications.
      234 words
  • Page 23 Advertisements
    • 18 23 CORPORATE RESULTS REVIEW BT's Corporate Analysis Group examines the 1992 performance of listed hotels TOMORROW, in Business Times
      18 words
    • 257 23 HIE COULD 6E SERVING YOU A fltS APARTMENT OR A FRS CAR! j Hi H Hfti «*> Pj I ■r'«*MV»J M Or any one of hundreds of other attractive prizes! Come and feast at the Tambuah Mas Seafood Restaurant. With every SI 0 spent during lunch, or S2O during dinner
      257 words

  • 518 24 EDITORIAL A HUNDRED days ago nobody would have believed that the gridlock that paralysed the Bush years in Washington could ever be broken. Bill Clinton lacked that Reaganesque folksy tone which could bypass Congress and appeal directly to voters. Nor did he possess the
    518 words
  • WHAT THE OTHERS SAY
    • 239 24 THE Vancouver summit has plainly done Mr Yeltsin good. Mr Clinton, in spite of an eagerness to please his guest which bordered on moral sycophancy, gave substance to his belief that support for a metamorphosing Russia in peril is an investment whose pay-off is future peace.
      239 words
    • 154 24 THE RECENT American-Russian summit in Vancouver is certainly a display of commitment between President Bill Clinton and his counterpart, Mr Boris Yeltsin. Though the assistance package, US$l.6 billion, is still small and would not be sufficient for the monumental task of economic reforms in Russia, it
      154 words
    • 188 24 THE Chinese property market is neither a trap nor a paradise. One should not follow the crowd blindly. Those who buy stocks and shares have to study the economic outlook, company performance and other factors. Similarly, property investors have to do their own research. Before Chinese
      188 words
    • 167 24 THE NEED for better cooperation between Hongkong and China has partially been addressed with Beijing's posting of liaison officers here to allay local concern over the threat to law and order from criminals coming across the border. Although the intention of the officers had been to improve
      167 words
    • 180 24 BILL CLINTON is hard at work pumping massive aid to Russia, ostensibly to make sure that democracy does not fail in this once-communist part of the world. The only rub is that the South does not see the West or the North acting with the
      180 words
    • 137 24 BESIDES the impressive set-up. little of substance came out of yesterday's televised forum in which the prime minister and his entire Cabinet faced the people to talk about the 1993 budget. Instead of being told of the vision the government has for the future, the audience
      137 words
  • 801 24 In an editorial on Tuesday. Asahi Shimbun highlighted the need for a more proactive Japanese foreign policy to deal with global instability Asahi THE Japanese government's 1992 annual report by the Foreign Ministry has this to say about the current state of the
    Asahi  -  801 words
  • Page 24 Advertisements
  • Page 24 Miscellaneous
    • 56 24 |fGßo\>e my f^,siG—FM?e>rT YOU'LL U&jeP G€J"\ (&&s®si£*) te^as^'-AT o Wi^' t J. I pfmST BUIUDING 9 —\r ESS gMMWPMg lto immi POONESBURY GARRY TRUDEAU MTHEM MPHWLfi 7 PON7miMe-&eCI£WORK- INCfißPldte' HkJT' THIS/SAN I IT SOUNDS IT HAS "rvt ANONYMOUS I AROUNP TH£ CLOCK IN A H&OC ALMOST UK£ ALLIHB HPSm.CAUr fffOKT
      56 words

  • ANALYSIS
    • 1733 25  -  From Phnom Penh Harish Mehta reports on the mood, fears and hopes of the principal players at the start of the campai|n of Cambodia's first democratic elections in 25 years. He also takes a look at the key features of the manifesto of Prince Ranariddh's Funcinpec.
      1,733 words
    • 881 25 PRINCE Norodom Ranariddh's Funcinpec party has unveiled its election manifesto which calls for the creation of a wealthy middle class, an overhaul of the existing "crude liberalisation" of the economy and the setting up of a modern banking system. The manifesto appears
      881 words
  • Page 25 Advertisements
    • 24 25 DOLLARS SENSE You don't have to be an Einstein to get relatively good returns. Personal Finance Investment. Every Saturday. Singapore m Business Times VEOOVASM
      24 words

  • 580 26 Reuter TOKYO Japanese Foreign Minister Kabun Muto yesterday pledged positive leadership at next week's Tokyo meeting of the Group of Seven on aid for Russia but warned that he would not put aside Tokyo's territorial dispute with Moscow. "I will
    Reuter  -  580 words
  • 270 26 AFP TOKYO Bank of Japan governor Yasushi Mieno said yesterday that major industrialised countries might intervene in the foreign exchange market to prevent a further rise in the exchange value of the yen. "If necessary, we will take appropriate measures in
    AFP  -  270 words
  • 397 26 Reuter FRANKFURT The Bundesbank trimmed its key shortterm money-market rates yesterday, but disappointed financial markets that had been banking on a larger cut. The powerful German central bank whittled a mere four basis points ofT its short-term repurchase (repo) rates, sinking the rate
    Reuter  -  397 words
  • 263 26 Rcutcr BEIJING China's overseas investment arm Citic has appointed a new chairman to replace "Red Capitalist" Rong Yiren, now the country's ViccPrcsidcnt, a company spokesman said yesterday. The new head of China International Trust and Investment Corp is Wei Mingyi, 69, formerly deputy
    Rcutcr  -  263 words
  • 243 26 Reuter WASHINGTON President Bill Clinton yesterday called criticism of his job creation Bills "somewhat spurious," and said he was willing to cut "no more than I have to" in order to get the measures through Congress. "The kinds of cuts the Republican
    Reuter  -  243 words
  • 952 26  -  The Bottom Line GOH NGUEN WAH GOH NGUEN WAH VENTURING abroad has suddenly become a catchword among businessmen in Singapore. Many companies, big and small, and many individuals are responding to the government's call. Everyday, there are news reports of
    952 words
  • 332 26 Reuter BANGKOK The prime ministers of India and Thailand yesterday agreed to seek ways to reduce the influence of Western powers on poorer countries, especially in the fields and human rights and trade. Indian Prime Minister PV Narasimha Rao and
    Reuter  -  332 words
  • 318 26 AP, AFP MOSCOW A chemical explosion at an arms plant in Siberia was the worse nuclear accident to occur since the 1986 Chernobyl disaster. Giorgi Kaurov, head of the information department at the Ministry of Atomic Energy, said yesterday that Tuesday's blast at the
    AP,; AFP  -  318 words
  • Page 26 Advertisements
    • 507 26 `}~${$,^{],(<>\("!~>*+$`!(.}?{' 66 Sure-To-Delight Gourmet Favourites Spice Garden Restaurant presents a total of 66 gourmet favourites, a delighter spread of Special Promotion Offer Hong Kong Dim Sum (only at lunch time) The Grand Seafood Extravaganza for you to savour. at Cost Price g/jg^. LUNCH Time 11.30 am to 2.30 pm Cost
      507 words
    • 5 26 MARKETING Tomorrow in Business Times
      5 words

  • Shipping Times
    • 633 27  -  July launch to cut one day off current 17-day serv ice By Juliette Walker SINGAPORE Japanese carriers Mitsui OSK Line (MOL) and Kawasaki Kisen Kaisha (K-Line) will launch an express service on the trans-Pacific trade in July to give shippers faster, more
      633 words
    • 612 27 Seatrade week NEW YORK There are 98 significant container-ports in the Americas. This includes some 59 ports in South America, Centra! America and the Caribbean, as well as the 39 in North America and Hawaii which generate almost 80 per cent of
      Seatrade week  -  612 words
    • 174 27 SINGAPORE Lloyd s Register of Shipping has announced new appointees to its two top posts. Patrick O'Ferrall has been named chairman and Dr Tim Jones deputy chairman. Mr O'Ferrall had been acting chairman of the classification society since the death of former chief Sir
      174 words
    • 874 27 Page Col ABC Containcrlinc 12 I Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •Arrow Trans 19 2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bangladesh Shpg 18 3 Bank Line. The
      874 words
    • 212 27  -  By Ramesh Divyanathan SINGAPORE Taiwan's Uniglory Marine Corporation, which is 30 per cent owned by the giant Evergreen group, has beefed up its reefer capabilities, following the success of its first refrigerated cargo service. The line has ordered 200 40-foot hi-cube refrigerated containers and will retrofit
      212 words
    • 566 27 Reuter UNITED NATIONS The US wants to bar all shipping in the Adriatic from Yugoslavia's territorial waters oIT the eoast of Montenegro as part of the forthcoming Security Council resolution tightening sanctions against Belgrade. Diplomats on Tuesday said Washington at first wanted
      Reuter  -  566 words
    • SHIPS IN PORT
      • 709 28 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departite Jurong Port Rivermapdun 5/EB P02 alongside 0704 2300 Dewi Fortuna 03,93 J1 <*>ngside 08 04 2359 Sn N Hu<i 3 693 P01B 07 04 1800 France Sincere 6 139 112 alongside 08 04 1200 Sungaikat
        709 words
      • 2210 28 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Containers avaiabte Ship Voy Wo Contaners avalabte Planeta 536 06 04 93 0735 Merkur Delta 968 COD(EST) *****3 1MK AIMariyah C006W *****3 0750 Dasa Seputuh 922 COO(EST) 0704 93 15« E#le Cloud 145 *****3 0800 Bui M lomas
        2,210 words
    • 852 29  -  Hamilton Fazey reports on the joint promotion efforts of the ports of Rotterdam and the Humber before the Channel Tunnel opens in a year's time Hamilton Fazey FT THE PORTS of Rotterdam in The Netherlands and the Humber in northern England
      FT  -  852 words
    • 10941 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,941 words
    • 3479 41 A X m.K( ontainerline N\: Ik Km Shpg Vgeneies Pic Lkl (SV Marine Handling Sdn Bhd (Pk I'M Vviifil (.roup: Accord Shpg IV Ltd (SV Accord onlr Line (Hk/PNI. Adkris Business orporation Philippine Calsourcc Shpg it I rdg Ptc I Id (SI \hrenkiel l.iner Voice kim Shpg ""v'g
      3,479 words
    • 285 41 Abacus Couriers Id: 545-8011. Fax: 545-1898. \ir Express Irau'l Td: 533-5771. Fax: 535-6144 Xirborne Erciuht C orporation Tel: 542-8844 Fax: 542-3716. *****80 Virswift XXorldwide Courier Td: 278-0188 Fax: 273-8283. \JS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. C its-1 ink International Td: 344-3377. Fax: 345-6450. Cluster link
      285 words
    • 1511 41 Vbex Express Freight lei 542-7171. Fax: *****84 Vclinic forwarder Td: 225-1833 Fax: *****42. Vctivair Singapore lei 542-7822. Fax: *****20 Verolink Ereight International Tel 545-8033. Fax: *****05. en (speed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Id: 542-5454 fax: *****06. Air Express International Tel: 542-7666 Fax: *****74. *****50
      1,511 words
    • 2992 42 ALBANIA Uurres: 1 hive vessels in port ol which 1 loading stones. I discharging Hour. I discharging sutuir: 2 \essels due Mar or 30 one to discharge pipes, the other bulk wheat ARGENTINA Buenos Aires: Labour working normally Movements continue to be below average: several berths vacant. San
      2,992 words
    • 1359 42 SHIP SALES TANKER RATES AFP ALTHOUGH the dry market continues to dominate the scene, the Spanish products panamax tanker Castillo Ik- Ruole 67.000 dwt and built 1981 has now been reported sold at about US$l3 million. The buyers are so far undisclosed, although rumours point toward the oil traders bulk
      AFP  -  1,359 words
    • 611 42 ARRIVALS DEPARTURES Op Hi(hl l>pe ETA 1 l-rum Op Highi l>pe E1D I lo TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B 7 47F 0440 I BKK SI A SQ827 B747F 1730 2 CPH/DXB SI A SQ/ B74JF 0715 2 DXB/LON CLX CV794 B747F
      611 words
    • 341 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA FID Ports of Calls Port Agent Telephone No APRIL 09 09 Regent Spirit 1130 2000 W eekend Cruise Regency Cruises 271-2911 09 09 Fantasy World 1000 1900 Sin-Port klang Lauw Sons Travel 227-8284 II II Regent Spirit 1000 1500
      341 words
    • 492 43 THE freight market continued to weaken amid sluggish pre-Easter fixings, and with more vessels becoming available especially in the Pacific, brokers said. They noted reports of several April loading maize shipments from the US Gulf to St Petersburg, following recent purchases, which supported the transatlantic freight structure. The
      492 words
    • 524 43 COURSES Title: Management Accounting Control Duration: April 8-10 Organiser CAI Consultants/Heriot—Watt University. Tel: 339-2733 or fax: 339-1733. Title: Strategic Investment Decision Analysis Duration: April 12-14 Organiser CAI Consultants/Heriot—Watt University. Tel: 339-2733 or fax: 339-1733. Title: Strategic Information System. Duration: April 15-16 Organiser CAI Consultants/Heriot—Watt University, lei: 339-2733 or
      524 words
    • 858 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      858 words
    • AIR AND LAND TRANSPORT NEWS
      • 350 46  -  Filipino-Vietnamese venture to assemble vehicles eventually By Dexter Lee SINGAPORE German luxury car maker BMW has struck a deal with a FilipinoVietnamese joint venture to distribute and eventually assemble BMW cars in Vietnam the second Indochinese market after Cambodia. BMW's appointment of Vietnam
        350 words
      • Article, Illustration
        54 46 Reuter GUATEMALA CITY A Boeing 767 passenger plane crashed into houses after it overshot the runway in Guatemala City and ploughed into the neighbourhood on Tuesday. No one was killed and only 21 passengers and four people on the ground were taken to hospital with slight injuries, the
        Reuter  -  54 words
      • 290 46 UPI NEW DELHI The government on Tuesday banned a strike by Air-India flight engineers that has caused losses totalling nearly US$lO million (SSI6 million), officials said. "We would not like the strike to continue where the airline is incurring losses every day," a Labour
        UPI  -  290 words
      • 323 46 NYT JEFFERSON CITY. Missouri Trans World Airlines (TWA), struggling to recover from US Bankruptcy Court, should get a financial boost from the state government, the Missouri House has decided. With no discernible opposition, a bill granting TWA US$7.7 million (5512.6 million) worth
        NYT  -  323 words
      • 668 46 Firm seen as example of what's gone wrong with German competitiveness IHT STUTTGART As Germany's biggest company and the world's 10th largest industrial conglomerate, Daimler-Benz is often cited as a classic case of what has gone wrong with German competitiveness. Its Mercedes-Benz car and truck
        IHT  -  668 words
      • LOG BOOK
        • 96 46 Reuter TOKYO All Nippon Airways (ANA) sees lower capital spending in the year to March 31. 1994 and fewer new workers in the following year because of the slow airline business, a company spokesman said. ANA's 1993/94 investment in aircraft and airport facilities will be
          Reuter  -  96 words
        • 77 46 AFP PHOENIX. Arizona America West Airlines said on Tuesday it probably will not meet a September deadline for repaying some USSIOO million (SSI63 million) in loans that have kept it going since filing for bankruptcy shelter. The airline has borrowed US$l3l million
          AFP  -  77 words
        • 66 46 Reuter PARIS Striking baggage handlers and Air France will hold talks yesterday to try to settle a dispute that has grounded most of the airline's overseas flights from Paris' Orly airport since last Friday, a company official said. The state-owned airline was forced to cancel
          Reuter  -  66 words
        • 77 46 Reuter ANCHORAGE. Alaska A Chinese jetliner buffeted by turbulence made an emergenc> landing on a remote Aleutian island on Tuesday, killing one person and injuring 100. aviation officials said. The first 25 injured passengers were flown from Shemya. a western Aleutian island and
          Reuter  -  77 words
      • 1360 46 CI5 nw CTA FHM HP Adelaide QF81 1940 Qf82 2055 SQ228 2120 Amsterdam SQ319 0715 KL838 2310 K1837 1445 SQ324 2345 GA975 1455 Athens SQ347 1735 Auckland BAH 1505 J SQ288 2015 Berlin GF148 0905 B Seri Bnww BI421 1105 SQI82 0915 SQ181 1410 BI422 1205
        1,360 words
  • Page 27 Advertisements
    • 1 27 Lubricant
      1 words
    • 25 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      25 words
    • 342 27 THE /jjjs famous il.llll.'l* Ml 1833 For more information please refer to Pg. 13 North Sea ports take on the Chunnel challenge. Page 3 BMW cars to be sold in Vietnam, Back Page Someone dose has beenlving Your son In Canada is studying for some years, overseas. Ww given up
      342 words

  • Page 28 Advertisements
    • 490 28 EXPORTS TO HONGKONG. TAIWAN. MANILA JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE OUTBOUM) IW W PBI «T ill 1 HI6 HO »g TO rO» Mi WO «08~| KSStL HOT |SW HI HW >■ SW ACX won lie "5.M "7M Ot.M hm um 15.04 »m 20M 21 M 22M acx mix 112*
      490 words
    • 1435 28 PMKCT TO UAA WMT COACT KCX-OOWE CAUPOWIMA RXPWMRI I prowr MtftnfMm** l"«I COWT«»W w»y*?«l I MB I«T 1 1W» I H m VO OH HOUSTON 0«C IB HT KglM «ga WT STQg I HUM CIMWT »IUWiI. >' SAB LAnAHA lifl IMSSL _IML JgBIMa JilgL CALIFORMA JUPITER 63 14 15 4
      1,435 words

  • Page 29 Advertisements
    • 1838 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 *****09 BOOKINGS TEL: *****34 *****58/ *****40 AllMr CFS (PSA F5) TEL: *****21/ *****79 nffliW JARDINE SHIPPING AGENCIES SDN. BHD. PBnAfiflr] PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 L J PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service ipoh tel:
      1,838 words
    • 483 29 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 f^UAScH ARAB SHIPPING CO. (SAG) M W To US East Coa»t I WC W HI M I M IMII MIW 114 14/5 II 5 17/1 H* SMTA MB* MOW 21/4 Hi 31 J 1/1 1,« H INUUK MOW 1/1 II I IS
      483 words
    • 78 29 ■UIV.HrHH'L'H NOT ONE Sea K Land YOU SPEED FANATICS ARE GOING TO LOVE OUR NEW SLX SERVICE DIRECT TO LONG BEACH IN JUST 16 DAYS! FIRST SAILING ANDERS MAERSK 9306 CUT-OFF ETA SIN ETD SIN APR 21, 1993 APR 21, 1993 APR 22, 1993 1800 HRS 2200 HRS 1600 HRS
      78 words

  • Page 30 Advertisements
    • 1664 30 AOABA R OAM/1 [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S'TON H BURG A WERP HAVRE WEST MALAYSIA KAI 01/113 10/4 26/4 29/4 27/4 Poft Kelang. Penang THAMES 16/313 10/4 19/4 25/4 28/4 1/S 3/S 5/5 Pasir Gudanq LA SEINE 29/114 14/4 Us_ 4/5 2/5 EAST
      1,664 words
    • 588 30 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foretgn Forwarder in Kabul for all services C.I.S.- Vootochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocT^Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT BANJUL-BISSAU-LUANDA BATA Feeder Vessel ETA SIN VILLE DE SIRIUS
      588 words
    • 1516 30 WSMmwAmMA u»t REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY SIN ALG BCL* VAL* HAM BRE# ROT ANT* FEL LMA NORASIA SHARJAH 9306 3 16/04 07/05 08/05 09/05 11/05 12/05 13/05 14/05 15/05 16/05 NORASIA MUBARAK 9314-3 22/04 14/05 15/05 16/05 18/05 19/05 20/05 21/05 21/05 22/05 NORASIA Al MANSOORAH 9315-3 28/04
      1,516 words

  • Page 31 Advertisements
    • 2227 31 m STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line <a service of china navigation CO) CARGO DUE SMS KRIS MADURA VO6l KK. Skin. Ta» 07 08 Ape 09 Apr 10 Ap. rnBI1 IMO BBF AKIIUIK SEftVICE TO
      2,227 words
    • 2475 31 SINGAPORE AGENT: PArifflinAl*C P&O Containers (Singapore Agencies) Pte Ltd X IXVy V iUHiCtlllVl J 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 A Tel: 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 V CR Number **********0Z EXPORT IMPORT VESSEL WO* 'M 8 'PKO MM ALG SOU ANT
      2,475 words
    • 118 31 Accepting LCI and containartaad cargo** Direct to South Africa S pore Durban P£l« C.Town Full Container Same* NEDLLOYD COLOMBO 9364F 9/4 22/4 24/4 26/4 OSAKA MARU 9469F 20/4 2/5 4/5 6/5 HAKATA 9332F 30/4 12/5 14/5 16/5 ORANJE 9509G 9/5 21/5 23/5 25/5 HAYAKAWA MARU 9668F 19/5 31/5 2/6 4/6
      118 words

  • Page 32 Advertisements
    • 738 32 TO EUROPE v IMMK& sewvtce >a vov jw«| «d mim hbuw bmhh unwmf~ MATARAM 34 WB 2» -30/4 I 29/$ 3/t »/< TO AUSTRALIA FUU-^CQNTTAJNER EAST COAST POUTS va vor pkl spout syp milb bris fre apel ANIO AUSTRALIA 43S 13/4 12/4 29/1 2/5 26/4 5/S WHO SOW* 04$ 19/4
      738 words
    • 2024 32 (g) HANJIN SHIPPINCT] rna SM LINE HAUL SEA POK FDR VSI SM lII* HAUL SAV HM NYC IuNVN IFHAVRE 021E 11 OKCT «/5 «/5 HANRN KNANGYANG 100E 54 H LONG BEACH 042E 13/5 14/5 l«/ 5 HANHN MASAN IO7K 22/4 D«CT 13/5 HMUN KUHSAN OME 12.4 M AMERICA 00K 20/5
      2,024 words
    • 1541 32 Inu sgp use mt us pus mi o» w* as no iu os w arc iw im m w «c nt at m w I E CROWTM K 040 13/4 IS/4 19/4 21/4 23/4 4 27/4 21/4 31/4 1/5 3/S 14/5 26/5 20/5 29/5 I t »/< 10/6 11/6 12/1
      1,541 words

  • Page 33 Advertisements
    • 1647 33 ACE: 00CL HONOUR 24W' ETA SGP 10/04/93 II II &R jyfyfy II ETA RDM 26/04/93, FLX 27/04/93, II II 7 II BRE 29/04/93, LEH 01/05/93 H EXPRESS (SCX) I n wm*m **Ht.mA*>Poum.*n*mcmmM I U FEEDER VSL VOY SGP MOTHER VBL VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK VAN
      1,647 words
    • 1152 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 iOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES £ASTBOJM) OBCHA*qNG WESTBOUW-LOADWG THAIBWPfI) WA
      1,152 words

  • Page 34 Advertisements
    • 1569 34 K 4 *AS AGENTS. KAWASAKI SINGAPORE (PTE) LTD <C R **********0 M) W m W TEL; *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I |%l M MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD JL JL Jmrnim TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 KAWASAKI KISEN KAISHA, LTD
      1,569 words
    • 1115 34 PHI LI-on If NT LINCS PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 14 APR SYDNEY. MELBOURNE. BRISBANE FREMANTLE 18 APR AUCKLAND, WELLINGTON. LYTTLETON. NEW PLYMOUTH NAPIER CHRISTCHURCH
      1,115 words

  • Page 35 Advertisements
    • 924 35 (BSSgfUI PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I f cn NO **********0t I VESSEL VOY SIN HKG SIN CMB JIB HOO *0 AQJ KOTA WUAVA WJAO23 25/4 29/4 4/S 10/5 W* KOTA SING A SGAO2S 3/5 9/5 16/5 W/5 23/5 ALSO ACCEPTING
      924 words
    • 1421 35 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p|p GUDANG| PENANG PKFLANG OCEAN VSL/VOY SIN SOU (1> RTM(2) HAM (3) GOT (4) 9/4 9/4 10/4 BENARTY 3132 15/4 5/5 7/5 E 16/4 16/4 17/4 ALSIA 3142 20/4 7/5 9/5 10/5 12 '5 D 23/4 23/4 24/4 BEN A VON 3152 27/4
      1,421 words
    • 299 35 °BSA° TRANSPORTATION M MYANMA >SBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf HP* Ml VIM* In Port PAGAN VI9CW 19/21 Apr MALAYSIA AGENTS BOUSTIAO SHPPfK AGEMCKS All IU *3-*****00 Pitt: TEL 03 -3M17J7 pi* ni Hiiiin p® m 07-*****1/4 NIGERIAN NATIONAL SHIPPING LINE
      299 words


  • Page 37 Advertisements
    • 60 37 1/C VISA FREIGHT SERVICES PTE LTD Q Established Since 1984 lt 4/ OCEANIA PORTS REGULAR GROUP AGE LCL consolidation AUCKLAND SYDNEY IMPORT EXPORT n/XITT Bin MELBOURNE FREHANfLE SERVICES yy FOR BOOKING 8t SAILING SCHEDULE, CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE
      60 words

  • Page 38 Advertisements
    • 2438 38 Full Container Liner Services Malaysia's Agents: Indonesia's Agents: General Agents: Booking Agents: Cuan Cuan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.J. Global Pntra Indonesia Maritime Costar Shipping Ptc Ltd Freight Btkiag Ctmtrt SM 58 Persiaran Raja Muda Musa Lot 3.34. 3rd Floor. Jl IR H Juanda 111/14 I
      2,438 words

  • Page 39 Advertisements
    • 662 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN TI/04 ROTTERDAM 11/04 AARHUS/COPENHAGEN 11/04 HAMBURG/BREMEN 11/04 MARSEILLE/FRANCE 12/04 FELIXSTOWE/UK 11/04 BARCELONA/SPAIN 11/04 LEHAVRE/FRANCE TI/04 GENOA/ITALY TI/04 ANTWERP/BELGIUM TI/04 LOS ANGELES/WC/IPI 10/04 SYDNEY/MELBOURNE 10/04 NEW YORK/EC 10/04 FREMANTLE/ADELAIDE 10/04 VANCOUVER 14/04 BRISBANE 12/04
      662 words
    • 731 39 m RICHFIELD MARINE AGENCIES (S) PTE LTD H TEL: *****33 (12 Line*) K FAX: *****15/*****03 IfHj TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOADING FOB SPORE ANDINET ]OWB 22'04 OARESSALAAM MOMBASA OJIBOUTI ASSAB MASSAMA ABYOT 3?WB
      731 words
    • 983 39 rTinr~~^ JAKARTA r BANGKOK «a wi tm una wr SMMMRI bamwor RAW BHUM 72S 9/4 13/4 P SENTOSA 30N Sat 10/4 I lit 13/4 I HAN* BHUM iis 10/4 14/4 WAWIA BW4 136W Sjt 10/4 Wed 14/4 GURU BHUM IMS S7i 17/4 G KOJWTStV* 22H m m 1 MAHA BHUM
      983 words

  • Page 40 Advertisements
    • 1436 40 *aimn container lines I |£J\3AjiJAgents: MAC-NELS SPORE: *****22 (24 LINES) PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 COMPETITIVE RATE TO HONG KONG 3 SAILINGS WEEKLY (TUES/THURS/SAT) FOR ROOKING, PLS CALL *****22 XIU-HU*. JAMES. WIE SIM. JO I QLOBEUNK FORWARDERS
      1,436 words
    • 240 40 mmmsmmm blue star une SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL ITT S» PREMER 23S In Pt 17/4 19/4 4/5 MJST SIM 86S 22/4 4/5 6/5 22/5 FGUARD BAT 2S 1/5 13/5 15/5 1/6 WITH OPPORTUNITY TO CALL MIL ENROUTE TO NI FULLY CONTAINERISED SAILINGS DISCHARGING
      240 words
    • 968 40 THONG SOON LINES PTE. LTD.] Ml 77 ROBINSON ROAD #15-00, #16-00 Stt BUILDING SINGAPORE 0106 TEL: ***** M FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING UNE: *****66 WWQAPOM TO B»H*W*K VESSEL WOT S PORE IE ST VESSEL HOT SPOtE ICST EQUATOR JADE
      968 words



  • Page 43 Advertisements
  • Page 43 Miscellaneous
    • 878 43 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 30 2.9 2.4 1.7 1.0 0.5 0.2 0.2 04 09 1.8 2.8 2.9 3.0 2.8 2.2 1.5 1.0 07
      878 words

  • Page 44 Advertisements
    • 574 44 Ewood line SOUTHERN AFRICA SERVICE SPO«t Pi D6H CI "A VESSEL ***** 20/4 10/5 IS/5 28/5 'AISO CALLS E l AND Pi. PK SEAFIX SHIPPING SDN BHD TEL 367 5525 TLX. ***** K.K.: CAPRICORN FREIGHT SERVICES TEL 213 202 TLX. *12M SECIL MfIRITIMfI, U.E.E. Luanda, Angola. FAR EAST/ ANGOLA SERVICE
      574 words
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  • Page 46 Advertisements
    • 36 46 ADY!S7I-3]j\lo a FAR EASTERN FREIGHT CONFERENCE NOTICE CONGESTION SURCHARGE Tripoli Current Congestion Surcharge of 10 pet will be reduced to 5 pet with effect from 8 April 1993. H. Wyma Conference Representative Singapore, Bth April 1993
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    • 45 46 Tomorrow in Business Times Fly Finnair's new Business Class to Europe, Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.
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