The Business Times, 10 March 1994

Microfilm: NL19089
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE# Business Times WE KNOW ASIA MITA(P) 010/12/93 Thursday March 10 1994 75'
    13 words
  • 2 am LATEST
    • Article
      Lock icon Dow Jones down 12.19 points
      40 1 Reuter NEW YORK US blue chips traded lower at midday yesterday as bonds continued to set the tone for equities. At lpm EST, the Dow Jones industrial average stood at 3,839.53 down 12.19 points. Reuter
      Reuter  -  40 words
    • Article
      Lock icon US economy growing, prices steady: Fed
      62 1 Reuter WASHINGTON The economy grew modestly at the beginning of 1994 despite a drag from severe weather and showed little sign of rising prices. The Federal Reserve said last night: 'The economy expanded moderately in January and February despite unusually severe weather in the
      Reuter  -  62 words
  • Article
    MARKET SUMMARY
    160 1 Stock mrfcat IwMcw Wednesday Change STII 2,222.85 -17J3 KLSEComp 1,056.43 +0.13 Nikkei 19,839.18 -59.21 Hans Seng 10,224.38 -70.20 SET Index 1,358.56 -9.47 Jakarta Cbmp 514.57 -6.60 CLSA China B 1,147.27 -1.44 Aust AllOnl 2,146.8 -24.9 FTSE 100 3,246.7 -17.7 Wednesday Prtriow 1pm close Dow Jones 3,839.53 3,851.72 Average
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  • Article, Illustration
    Lock icon Kew Drive land auction sets new benchmark prices
    651 1  -  By A J Leow SINGAPORE New benchmark prices were set for 99year residential land at a maiden auction of state plots yesterday, with individual buyers and smaller developers stealing the limelight from property Goliaths. The auction by the Urban Redevelopment Authority (URA)
    Photo by Arthur Lee  -  651 words
  • Article
    Lock icon Li Peng to call for sharp cut in growth
    437 1 Mounting pressures on economy forcing Chinese PM to settle for 9pc Reuter Bloomberg Business News BEIJING Chinese Premier Li Peng will call for sharply reduced economic growth in 1994 to counter inflation and warn that Beijing must balance economic reform and
    Reuter; Bloomberg Business News  -  437 words
  • Article
    Petitions filed against Berjaya's Philippine lottery plan
    500 1  -  From Al Labita in MANILA MANILA A Berjaya-lcd consortium, which clinched a government contract to operate a lottery, has run into a spate of suits filed by activist and religious groups, prompting an industrialist to disavow any links to the consortium. Topping the
    500 words
  • Article
    UIC reports big write-off, plans $248 m rights issue
    483 1  -  By Lee Han Shih SINGAPORE United Industrial Corporation (UIC), which yesterday announced a massive write-off and poor prospects ahead, is asking shareholders to cough up $248 million in a rights issue. The listed conglomerate proposes that shareholders subscribe for 20 new
    483 words
  • Article
    Brian Chang slashes Promet stake
    330 1  -  By William Chia KUALA LUMPUR Malay-sian-listed Promet Bhd's founder Brian Chang has sharply reduced his controlling stake in the marine engineering company. According to a notification of changes in substantial shareholding filed with Promet earlier this year, his family investment vehicle Tonnage Investment Lines currently
    330 words
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      143 1 I CERRUTIIBBI I SWISS WATCHES Time is on my side 2 S3T 17.18.19 Regional News 3.4.5 Financial 20.21 World News 6.8 Fntefs Markets Analysis 15 Oob/KLSt. SES 24-26 EAtwial 14 Regional _..22 Sports 9 World 23 TV/Lifestyle 11 Currencies 20 Law 13 Sinnei Commo 20.21 Srttawfrtton Tel 1800 *****77 Fat
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      16 1 Law: Pg 13 On wrongful dismissal Profits rise 112 pc at Standard Chartered pic Page 18
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      43 1 Hock Lock Siew: Pg /i /Ty The global bond meltdown PAGE 2 Small players steal the limelight Centrepoint nets 5375 m with 80pc of The Anchorage sold Drop in home sale ads last month Morgan Grenfell earnings soar despite staff loss Page 18
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      12 1 Budget expected to be at odds with rapid economic changes. Page 4
      12 words
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      65 1 The Bottom Line: Pg 16 Phnom Penh's new direction SM tnU C antonese CUi ne connoisseurs. We prepared it with a variety of tantalising tastes. 101 4fgJfa W&BmEs A delectable array of Wn y enticing dishesfor aformal gathering I iwilwi J g I 21 Amber Road, Chinese Swimming Club, 101
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Drop in home sale ads last month
        300 2  -  By Abdul Hadhi ADVERTISEMENTS for resale residential properties in The Straits Times Classifieds section totalled 30.235 last month 6 per cent more than the same month in 1993 but down 32 per cent from January this year. The biggest year-on-year increase was in
        Source: ST Classified Ads  -  300 words
    • Article
      Shanghai company sets up branch in Singapore
      150 2 SHANGHAI Shen Hong Corporation. an import-export firm directly under the Shanghai municipal government, has set up a wholly-owned company SS Union in Singapore to promote bilateral trade. SS Union has a paid-up capital of SIOO.OOO. Its general manager. Yu Zhiyu. said the Singapore
      150 words
    • Article, Illustration
      Not in public interest to award legal costs to acquitted: Jaya
      315 2 Yesterday in Parliament UW MINISTRY IT IS AGAINST public interest to award legal costs to defendants found innocent in criminal prosecutions. Law Minister SJayakumar said in parliament yesterday. The minister was responding to a suggestion by NMP Walter Woon
      315 words
    • Article
      No irregularities in Mindef's purchases
      357 2 MUNDEF THERE is no possibility of any corruption or wrongdoing in the Ministry of Defence's military procurements which are based on sound, tested and reg-ularly-audited procedures, said Lee Boon Yang yesterday Dr Lee. the Second Defence Minister, was replying to opposition MP Low Thia Khiang
      357 words
    • Article
      Special plates for new drivers, motorcycle riders
      328 2 HOME AFFAIRS NEWLY-QUALIFIED drivers and motorcycle riders will soon have to bear special probationary plates on their vehicles, the Minister for Home Affairs. Wong Kan Seng, said yesterday. "We believe that such a scheme is beneficial and should help to reduce road accidents
      328 words
    • IN BRIEF
      • Article
        Istana to undergo major revamp
        138 2 IHE IS I \N.\. built 125 years ago. will undergo a major renovation to ereate room for state functions and for start" use. and to modernise its mechanical and electrical services. Ihe Command House, built in I and which served as the Speaker's official residence
        138 words
      • Article
        Legal reforms to touch on patents
        98 2 THE main legal reforms this year are the Patents Bill which will change the registration of patents, and amendments to the Bankruptcy Act. Law Minister S Jayakumar told Parliament. Also, a committee has been formed to look into the law on parallel imports alter
        98 words
      • Article
        Land-pricing must reflect market value
        119 2 LAND prices arc based on open market valuation on a freehold hasis and should not he reduced artificially. Law Minister S Jayakumar said yesterday. He was replying to NMP Robert Chua who was concerned that Singapore's land valuation policy might a fleet the competitiveness of
        119 words
      • Article
        No family court for the moment
        84 2 DISPUTLS relating to family matters are satisfactorily handled by the present legal system, and current resources do not allow for a specialised family court to be set up. said Law Minister S Jayakumar in reply to a request from NMP kanwaljit Soin. In any
        84 words
      • Article
        History test for citizenship hopefuls?
        150 2  -  Reports b) Anna Teo Ramesh Divyanathan FOREIGNERS aspiring to Singapore citizenship should be required to take some simple tests to ensure some basic knowledge of Singapore, said Tanjong Pagar CiRC MP Koo Tsai Kee. They should be tested on the meaning of the national anthem
        150 words
    • Article, Illustration
      Lock icon Hedwig Anuar is Woman of the Year
      193 2 SHE built her carccr around books. And on retirement in 1988. Hedwig Anuar continued her love affair with the printed word, chairing the Singapore Book Development Council and serv ing on a host of committees concerned with literary matters. Ms Anuar's continued contributions
      Photo by Chris Loh  -  193 words
    • Article
      Centrepoint nets $375 m with 80pc of The Anchorage sold
      325 2  -  By Sylvia Wong CEN I REPOINT Properties Etd has sold 80 per cent of its maiden condominium. The Anchorage, within a week, netting sales of about 5375 million. The shopping centre-owner turned condominium de\eloper sold about 420 of the 530
      325 words
    • Article
      Small players steal the limelight
      146 2 Results of URA's maiden auction for residential property llrtnnln n Land ln9 p f SucccMful nirral Ar®a DKj D9u r ST hlrfaW (sqm) ($m) (Sm) (S) LJ S46 445.2 1.53 1.83 382.3 TanUmHui S53 T 499.0 1.72 1 369.0 j Glamouray Devi Pie Ltd 1
      146 words
  • Page 2 Advertisements
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      220 2 PICKS LJL THE UNIVERSITY OF HULL England 1927 B"OVIR 100 GMs, MDs, CEOs ALREADY IN THE PROGRAMME!" "ONE OF THE MOST ESTABLISHED IN SINGAPORE" MBA I CLOSING DATE: 18 MARCH 1994 First to offer TQM and a Systems Approach to Creative Problem Solving the management philosophy of the [YrcMrTW 1990s
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  • SOUTH-EAST ASIA
    • Article
      UK firm dropped from group involved in M$ l.6b project
      500 3  -  National Grid Co latest to be hit by KL move against British-based firms From Leslie Lopez in KUALA LUMPUR NATIONAL Grid Co, a top contender in a MS 1.6 billion (*****.6 million) power project in Malaysia, has joined the growing
      500 words
    • Article
      Lock icon Asia is now top wheat importer, says US official
      434 3 Reuter SINGAPORE Rising population and affluence are increasing Asia's appetite for wheat, and the growing demand has made the region the world's top importer, an American industry official said yesterday. "We see Asia's wheat consumption rising at 5 to 10 per
      Reuter  -  434 words
    • Article
      Lock icon Indonesia plans to improve climate for textile makers
      551 3 Reuter JAKARTA Indonesia plans to improve the industrial climate for textile makers following last year's poor growth in textile and garment exports, a mainstay in the nation's drive away from reliance on oil and gas. Hartarto. Coordinating Minister for Industry and Trade,
      Reuter  -  551 words
    • ASIA NOTES
      • Article, Illustration
        Lock icon Bringing the world to Vietnam
        42 3 Reuter HANOI A technician adjusting a television receiver beside a Taiwan-made satellite dish that went on sale here yesterday. Satellite TV is becoming popular in Vietnam, which has only two television channels and limited broadcast time. Reuter
        Reuter  -  42 words
      • Article
        Lock icon Thailand approves new oil refineries
        48 3 Reuter BANGKOK Thailand's National Energy Policy Committee has approxed a policy giving a free hand to firms wishing to build oil refineries, a government official said yesterday. The government will also issue new licences to companies seeking to build refineries, he said. Reuter
        Reuter  -  48 words
      • Article
        Lock icon Indonesia, Cuba to boost trade ties
        45 3 Reuter JAKARTA Indonesia and Cuba agreed yesterday to boost economic ties. "We have just exchanged documents ol agreement on economic and trade cooperation." Indonesian Foreign Minister Ali Alatas said after talks with visiting Cuban Foreign Minister Roberto Robaina. Reuter
        Reuter  -  45 words
    • Article
      Lock icon Hitachi's US$ 87m plan a boon for Philippines
      217 3 AFP MANILA A decision by Hitachi Ltd to set up a large regional production base in the Philippines could stoke waning Japanese investment interest, officials said yesterday. The USSB7 million (*****.5 million), four-year investment by Hitachi Computer Products (Asia) Corp in its
      AFP  -  217 words
  • Page 3 Advertisements
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      150 3 A Champion's Time. A Sincere Reward. msmSL TT *****.789. The Royal Oak Championship Edition in tantalum and steel. Dedicated to the sporting exploits of Nick Faldo. Extra-flat quartz movement, water-resistant to a depth of 5 arm. champion awaits them. Nick Faldo. three -time winner of the h lime for which
      150 words
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      Page 3 Advertisements Column 2
      172 3 GOOD BUSINESS SENSE On your next business trip to Japan, take advantage of the new ANA FLIGHT STAY package. Included are a round trip flight to Japan, luxury accommodations, and many other valuable features to make your travel and stay more comfortable and efficient. Perfect support for your next trip
      172 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Guangzhou wants cars, not bicycles
        107 4 Reuter HONGKONG Bicycles may be increasingly seen as the answer to environmental problems in the West, but the southern Chinese city of Guangzhou has declared war on the humble two-wheeler. Zou Zhenyuan, chief engineer at the Guangzhou Urban Construction Department, told a conference here yesterday
        Reuter  -  107 words
      • Article, Illustration
        Lock icon No need for upholstery
        34 4 Reuter TAIPEI This sofa, made of 120 wooden balls attached to 120 iron bars, was designed by Taiwanese Chen kuan-hua and exhibited at an international furniture show here yesterday. Reuter
        Reuter  -  34 words
      • Article
        Lock icon High growth, high risk
        50 4 Reuter TAIPEI East Asia may have the fastest economic development in the world, but it is also one of the most unstable regions because of territorial disputes. China's military build-up and North Korea's suspected nuclear weapons programme, according to a report by Taiwan's Defence Ministry. Reuter
        Reuter  -  50 words
      • Article
        Lock icon GE Capital launches China fund
        89 4 China Daily BEIJING GE Capital, the world's leading non-banking financial services company, has launched a USSSO million (SS79 million) fund with two other backers to invest in China's industrial projects. The fund, called CMEC China Industrial Holdings, is managed by GE Capital. CMEC and the
        China Daily  -  89 words
    • Article, Illustration
      Lock icon China Budget expected to be at odds with rapid economic changes
      558 4 Reuter BLIJING The Chinese Budget will be handed down tomorrow with every likelihood of a wide gulf between its contents and the realities in one of the world's fastest growing economies. "What you should remember about China's Budget is
      Reuter; AFP  -  558 words
    • Article
      Lock icon Chinese activists seek official nod for labour group
      364 4 Reuter BEIJING Chinese political activists, fighting a repressive sweep by Beijing days before a visit by the US Secretary of State, yesterday formally applied to set up a non-govern-ment group to protect labour rights. Pro-democracy campaigner Liu Nianchun sent a formal reguest
      Reuter  -  364 words
    • Article
      Lock icon HK prime office rents may rise 70pc: Morgan Stanley
      295 4 Bloomberg Business News HONGKONG Rents at Hongkong's most prestigious corporate addresses, already the world's second-highest, could rise another 70 per cent in the next 18 months, says Morgan Stanley (Asia). Squeezed into a few kilometres of harbour-front real estate. offices will
      Bloomberg Business News  -  295 words
    • Article
      Lock icon HK govt submits second part of controversial reform Bill to Parliament
      308 4 Bloomberg Business News HONGKONG The government yesterday submitted the second and most controversial part of Governor Chris Patten's electoral reform Bill to the territory's Parliament, the Legislative Council (Legco). The Bill would put into effect electoral reforms Mr Patten
      Bloomberg Business News  -  308 words
    • Article
      Lock icon Beijing rejects investment protection deal with Taipei
      226 4 AFP AP BLUING China rejected yesterday anv possibility of signing an agreement with ri\al Taiwan on protecting the rights of investors from the island. "The investment by our Taiwan compatriots on the mainland is a kind of special domestic investment, therefore to see
      AFP; AP  -  226 words
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      Page 4 Advertisements Column 1
      151 4 SAE Industrial Systems, agent for TCM owners can rest assured that productive hours are not Forklifts is now offering you a special package deal for lost during down time. the purchase of 2.5 and 3 ton diesel forklifts. TCM Forklifts...ride it out now. To beat the That's right, in addition
      151 words
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      334 4 Vour Chance To Breah Hem 6round In China International Symposium On Land Prooertij Investment Policu In China I _____^—mmmmmJ •f n hina What jff the latest v v that •-*>?! affect your business J f -nd e r ga f i hrst-v-ver symposium on •t p/sr, j m Chuia. Conducted
      334 words
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  • REST OF ASIA
    • Article
      Lock icon US to tell Japan to keep trade dispute on front burner
      634 5 Bloomberg Business News. Knight-Ridder TOKYO United States Secretary of State Warren Christopher's arrival in Tokyo today is designed in part to remind Japan that Washington expects progress towards ending the stalemate over trade issues. The Clinton administration is anxious
      Bloomberg Business News.; Knight-Ridder  -  634 words
    • Article, Illustration
      Lock icon India keen to learn from Japan's restructuring
      317 5 AFP NEW DELHI India is eager to expand commercial ties with Japan and learn from the experience of the Asian giant in restructuring its economy. Finance Minister Manmohan Singh said here yesterday. Dr Singh, the architect of sweeping reforms of the Indian economy
      AFP; Reuter  -  317 words
    • Article
      Lock icon Japan's economic indicators still give mixed signals
      345 5 Reuter Bloomberg Business News TOKYO Japan's economic indicators are still showing mixed signs and the economy has come to "a delicate stage" towards recovery. Finance Minister Hirohisa Fujii yesterday said: "Present economic indicators are still mixed. But by implementing the latest pump-priming package
      Reuter; Bloomberg Business News  -  345 words
    • Article
      Lock icon NZ economy expected to grow at 6pc
      258 5 AFP WELLINGTON New Zealand's economy could soar ahead, growing by more than 6 per cent a year before levelling off, an economist predicted here yesterday. Another economist agreed the economy was growing faster than expected, in the light of official figures last month
      AFP  -  258 words
    • Article
      Lock icon Ranariddh, Hun Sen in Japan for aid talks
      203 5 Reuter TOKYO Two top Cambodian leaders arrived in Japan yesterday for a four-day visit that will feature a global conference to discuss aid to reconstruct their war-shattered country. During their visit. First Prime Minister Prince Norodom Ranariddh and Second Prime Minister Hun
      Reuter  -  203 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      385 5 A new view of the last frontier Vietnam. .r J v* rT >^9RtoH9K| Song Be Golf Resort offers you TWO great opportunities to invest in the last frontier. With the Song Be Golf Resort member- clubhouse with a ten-pin bowling alley (the first ship fees rising and property prices going
      385 words
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  • THE WORLD
    • Article
      Lock icon Bundesbank lowers key interest rate
      350 6 Reuter FRANKFURT Germany's Bundesbank yesterday sanctioned another modest decline in a key money market interest rate, in a move seen as signalling that the trend to cheaper credit in Germany was still intact. The Bundesbank allowed its minimum securities repurchase rate to fall to 5.94
      Reuter  -  350 words
    • Article
      Lock icon French govt in surprise move to privatise computer maker
      356 6 AP PARIS The government yesterday authorised the privatisations of a major insurance company. Assurances Generales de France, and in a surprise move money-los-ing computer maker Groupe Bull SA. The privatisations of AGF and Bull probably will follow that of another insurer.
      AP  -  356 words
    • Article
      Lock icon EU to step up fight against pirated goods
      259 6 Reuter BRUSSELS The European Union is expected to step up its light against pirated goods today by adopting a plan to protect its share of up to USS9O billion (SSI42 billion) in world trade lost to counterfeiting. Ministers in charge of the
      Reuter  -  259 words
    • Article
      Lock icon Oman to complete study on US$ 6b gas project soon
      277 6 Reuter DUBAI Oman expects to complete a feasibility study by the end of this month on a USS6 billion (559.5 billion) natural gas project aimed at turning it into a major gas exporter. an Omani oil source said. "We are
      Reuter  -  277 words
    • WORLD WATCH
      • Article
        Lock icon UK welfare spending to rise 4.3 pc
        105 6 Bloomberg Business News LONDON UK spending on social welfare benefits is to rise at an annual 4.3 per cent over the next three years, a report from the Department of Social Security said on Tuesday. Spending on welfare, from retirement pensions to child
        Bloomberg Business News  -  105 words
      • Article, Illustration
        Lock icon Empress' silk shoes for sale
        58 6 Reuter VIENNA An employee of the Dorotheum auction house displaying on Tuesday silk shoes which are among items from Austria's imperial age up for bidding. The shoes, worn by Empress Elisabeth before she was stabbed to death by an Italian anarchist in 1898. was expected
        Reuter  -  58 words
      • Article
        Lock icon No self-sustained growth in E Germany
        85 6 Bloomberg Business News BONN German Economics Minister Guenter Rexrodt said growth figures for eastern Germany released yesterday underline its rapid recovery, but don't show a sustainable upturn. The Federal Statistics Office in Wiesbaden said earlier that gross domestic product in eastern Germany grew 7.1
        Bloomberg Business News  -  85 words
      • Article
        Lock icon US, Chile to discuss trade issues
        62 6 Reuter WASHINGTON US Trade Representative Mickey Kantor flew to Chile yesterday to attend the inauguration of Presidentelect Eduardo Frei and discuss trade issues, a senior official said. "The Chilean government is very interested in talking to us about freer trade." Deputy US Trade Representative
        Reuter  -  62 words
    • Article
      Lock icon US wants compromise with Europe on labour reform to create jobs
      495 8 FT AFP LONDON Washington is calling for a US-European compromise on labour market reform to create jobs, with the US investing more in education and training and European countries reforming inflexible labour policies and wage-setting restrictions. This is the
      FT; AFP  -  495 words
    • Article, Illustration
      Lock icon Frozen assets
      73 8 Reuter RANGELEY, Maine Just as the woolly mammoth was done in by the Ice Age, Maine ice-cutters are now being driven to extinction by lukewarm demand for their service. These men harvesting ice from frozen Lake Mobseldokmeguntid are part of a dying breed of commercial cutters. The US
      Reuter  -  73 words
    • Article
      Lock icon Russia, IMF resume loan talks with reputations at stake
      168 8 Reuter WASHINGTON Russia and the International Monetary Fund resumed crucial loan negotiations in Moscow yesterday with both their reputations on the line, analysts said. Moscow wants IMF endorsement of its credentials as a pro-reform government. while the Fund is seeking to
      Reuter  -  168 words
    • Article
      Lock icon US CEOs want tougher anti-dumping laws
      177 8 Bloomberg Business News WASHINGTON In its haste to seal the deal on the General Agreement on Tariffs and Trade, the White House may be watering down US trade law and turning the US into a dumping ground for foreign products, corporate chief executives said
      Bloomberg Business News  -  177 words
    • Article
      Lock icon Central banks take initiative on rates while politicians talk
      533 8 Reuter BRUSSELS European central bankers are doing it for themselves. Behind the rhetoric of politicians they have set target exchange rates and are starting to coordinate interestrate cuts. The clearest indication that the central banks are quietly putting the pieces of
      Reuter  -  533 words
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      53 6 i& Jms; vfflnß®^^ IMsc' l#*t flp* Sm j^^Hßflp« «S? PS mgmr^ mm/^im^^^^^Fl f V W: »-vw. 1' i.sMi^Hr '/iiiL- k v ■Fil.'.i, V r ;T 1 1 X r K, Euroßonus member Yue Meng Fai. Electronics Engineer. ASEAN Cableship S4S The BusinMsman's Airline CONTACT YOUR TRAVEL AGENT OR SCANDINAVIAN AIRLINES.
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      Page 6 Advertisements Column 2
      121 6 FULL SERVICE I OFFICES 111 1111 11 i K<lv. \a Vlll i\ 1 ull-i mi*, .ii \< mi '-a r\ ii\ Milk It. lit l lli< H 11^> I nil mll>|>»nl i 11 Li 111 > -1«' I; 11 v I; uil i i k Si r;i11 lih Ii k
      121 words
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      242 7 MpBIBb il ml U D a&v*' Br 11 111 nl H I ML _#s*="t Mb. B I K' "v 1 M >sv ?a > *^gg| Ik I J* Pr«^^fT' 1 g r J jk #^J IlK^' ijr' ~«£i» faj}j, r jniu Jt an WiWiSW^maMlßigTßK^^^^M /c? v ■p 1 SOLE AGENT
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      207 8 'H o 7 From its earliest Longines has made the future happen in a close alliance of technology 1832. Auguste Agassiz charted the destiny of Longines. As a forerunner, Longines provided instruments timepieces to those who if opened new frontiers, includ- ing Lindbergh, Byrd and Amundsen. And Longines' x I
      207 words
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      Page 8 Advertisements Column 2
      114 8 With the buoyant property sector and bullish investment, stocks and shares market, the demand for financial services has been increasing tremendously. Recruiting suitable candidates would be your prime concern, to meet this surge of business opportunities. You can do well to capitalise on our special recruitment focus: "Careers in Banking
      114 words
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  • SPORTS
    • Article, Illustration
      Lock icon John Daly's return is good news for PGA Tour
      821 9 Golf NYT FORT LAUDERDALE, Florida John Daly is back, and his return to golf after a fourmonth suspension could not come at a more fortuitous time for the PGA Tour. Normally, the biggest worries out here are whether the greens are
      NYT  -  821 words
    • Article
      Lock icon Ray Arcel — boxing's unique nobleman
      864 9  - Ray Arcel boxing's unique nobleman Dave Anderson reflects on the time and life 0f... Dave Anderson NYT NEW YORK His death notice requested, "in lieu of flowers, contributions may be made to Ring No 8", the Veteran Boxers Association of New York-New Jersey that he helped organise to comfort old
      NYT  -  864 words
    • Article
      Lock icon World Cup organisers confident tournament will be a success
      388 9 AFP WASHINGTON —Organisers of the 1994 World Cup remain confident the 24-team football championships will be a success. even though American sports fans are largcl> ignoring the event. "Everything is where it should be. There isn't any major problems." organising committee
      AFP  -  388 words
    • Article, Illustration
      Lock icon Cavs' unknowns and newcomers
      604 9 NBA Focus AP RICHFIELD. Ohio Phills. Mills. Hill. Williams. There's a certain poetry to the Cleveland Cavaliers' roster that's dotted with unknowns, newcomers and role players who have helped turned Mike Fratello's patchwork lineup into the NBA's hottest team. Cleveland has an NBA-best 12-1 record since
      AP; Reuter  -  604 words
    • SIDELINES
      • Article
        Lock icon S Africa wins first Test against Aussies
        121 9 AFP JOHANNtSBURG South Africa beat Australia at home for the tirst time in 24 vears here on I uesdav when they romped to a 197-run victory in the first of three Tests. Australia. 194-6 at lunch, held out until the last over before
        AFP  -  121 words
      • Article
        Lock icon Wiranata in tough All-England draw
        210 9 AFP BIRMINGHAM Indonesian badminton superstar Ardy Wiranata will need to maintain his recent run of excellent form to regain his All-England men's singles title here next week. The top seed was back to his best with victories in the Japan and Korean Opens, but the
        AFP  -  210 words
      • Article
        Lock icon UAE's qualification triggers protests
        182 9 AP ABU DHABI Just days after winning the International Cricket Conference trophy, the UAE faces the possibility of being disqualified from the 19% World Cup cricket tournament. The Gulf emirate on Sunday defeated Kenya by two wickets to win the ICC trophy. Ihe UAE. Kenya and
        AP  -  182 words
      • Article
        Lock icon Wayne Gretzky nears NHL record
        131 9 AFP MONTREAL Canada's Wayne Gretzky could become the National Hockey League's all-time highest scorer yesterdav when his team. Los Angeles Kings, play host to the Chicago Blackhawks. Gretzky 33. considered the greatest player of all time, has scored 798 NHL goals since 1979. and is
        AFP  -  131 words
      • Article
        Lock icon Great catch, but still no hit
        66 9 AP SARASOTA Michael Jordan made a diving catch to prevent a base hit. but still could not produce one of his own. The retired basketball star attempting to start a baseball career was hitless in two at bats here on Tuesday, extending his slump
        AP  -  66 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Basketball
        42 9 Reuter NEW YORK NBA Tuesday: Charlotte 97 Phoenix 89; Cleveland 103 Sacramento 82; Orlando 95 Denver 88; Chicago 116 Atlanta 95; Dallas 110 LA Clippers 116; San Antonio 115 Houston 99; Utah 100 Minnesota 86; Seattle 113 Golden State 98. Reuter
        Reuter  -  42 words
      • Article, Illustration
        Lock icon Cricket
        84 9 Reuter WELLINGTON Pakistan beat New Zealand b\ 11 runs in a rainshortened one-day international on Wednesday to take an unbeatable 3-0 lead in the five-match series. Scores: Pakistan 213 for six wickets in 48 oxers (Iniamam-ul-Huq 88. Aamir Sohail 76). New Zealand 202 for eight in 48 overs (k
        Reuter  -  84 words
      • Article, Illustration
        Lock icon Ice hockey
        31 9 Reuter NEW YORK NHL Tuesday: Philadelphia 3 Dallas 4 (OT); Pittsburgh 7 Boston 3; Quelx'c 5 Ottawa 2; Chicago 3 Anaheim 0; San Jose 4 Buffalo 4 (OT). Reuter
        Reuter  -  31 words
      • Article, Illustration
        Lock icon Tennis
        66 9 AFP ZARAGOZA, Spain ATP tournament Ist rd Tuesday: Lars Rehmann (Ger) b Carl Uwe-Stceb (Ger) 7-6 6-3; Tomas Nydahl (Swe) b Alexander Mronz (Ger) 6-4 7-6; Patrick Kuhncn (Ger) b Nunho Marques (Por) 6-3 6-4; Markus Zoccke (Ger) b Dirk Dier (Ger) 6-7 6-4 6-2: Anders Jarryd (Swe) b
        AFP  -  66 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      68 9 Lobster with Fresh Fruit V Shark's Fin with Spring Chicken SmIHKB Steamed Duck with Sour Plum Sauce Red Fish with Soya Bean Crumbs jfi Tom Yam Prawns Sweet and Sour Pork Rib Seasonal Vegetable with J Mushroom t f, K E-Fu Noodles with /K Mushroom a Daily Dessert y' flfßr
      68 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      814 10 EU Nothing Boats A Bud- wkbe to wine, dine and entertain or GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE
      814 words
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      Page 10 Advertisements Column 2
      299 10 Fancy Beijing? Then, we're delighted to 4^ the Pine Court for a memorable dining experience. Try our Beijing specialities such as Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of Beijing dian xin. fICETY" To add to your enjoyment, B(||Q all these are well within your reach.
      299 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon And some steak-shaped dog biscuits to go
      417 11  -  Mitch Weiss reports on a fast-food drive-in restaurant for dogs, cats, hamsters and the occasional monkey Mitch Weiss AP DOES your dog have a hearty appetite? How about a cheeseburger. fries and a kanine kola? Don't have a dog? Puppy Hut, a drivethrough
      AP  -  417 words
    • Article, Illustration
      Lock icon From Streisand to Shields
      665 11 CHATTERBOX AP AP AP AP AP AP LAST, year it was Andre Agassi and Barbra Streisand. Now it's Andre and Brooke Shields. The American actress talked about her romance with the flashy tennis star in the latest issue of the British magazine Hello. "It doesn't matter
      AP  -  665 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      238 11 X Enjoy the delicate temptation of the finest Cantonese dian xin for lunch, freshly prepared by our team of Hong Kong chefs. And what better place than the Summer Palace to eat to your heart's content. the I C Singapore K j A Fom Seasons Recent Hotel 8 1 Cuscaden
      238 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1186 11 I TV A RADIO Davis. f SBC 12 I ««.v In this 25th anniversary spc- &J' V JM» hind the cameras. offering „"tßp and executive producer. the other jilted bv lA her lover plot revenge in this Kim Basinger stars in tonight's movie special Blind Date AI V telemovie. 8.30pm.
      1,186 words
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  • INNOVATION & TECHNOLOGY
    • Article
      A 'green' air-conditioner by Acma in two years
      548 12  -  Joycelyn Shu reports on the CFC-free Mega Cool that will rival existing systems Joycelyn Shu Electronics company Acma Ltd hopes to launch its environmentally friendly air-conditioner in Singapore in two years, following its introduction of a "green" fire extinguisher recently. The technology
      548 words
    • Article, Illustration
      Stock trading all part of a game in Japan
      542 12  -  Using the popular Nintendo. Japanese buy and sell securities from their living rooms. Bernard Chew reports Bernard Chew Small-time Japanese share investors have it easy. While their Singaporean counterparts have to make frantic calls to share brokers to buy or sell
      542 words
    • Article
      Lock icon Scientists hail use of silicon aerogel in computer technology
      248 12 Reuter SILICON can be made into an "aerogel" using a well-established process, and could provide a useful new material for computer technology. British scientists reported yesterday. Silicon can emit light if it is made porous and researchers have been working to
      Reuter  -  248 words
    • IT TAKES
      • Article
        Lock icon Paralysed may walk again: researchers
        132 12 Reuter LONDON Transplants of nerve cells can help damaged spinal cords to regenerate, offering hope to millions of paralysis victims. British researchers said yesterday. The researchers, sponsored by the International Spinal Research Trust, said they had found that damaged nerve fibres would grow if given
        Reuter  -  132 words
      • Article, Illustration
        Lock icon Bees point south to find way home
        56 12 Reuter LONDON Bees, which can travel for kilometres while scouting for food and remember the route well enough to tell their sisters about it. orient themselves by finding the magnetic south pole, scientists said yesterday. Biologists in southern England, however, did not determine
        Reuter  -  56 words
      • Article
        Lock icon New genetic map for 'designer' cattle
        134 12 Reuter SYDNEY Tastier beef at lower cost is the aim of an Australiabased international research project which has spent five years mapping the genetic make-up of cattle. Dr Jay Hetzel. who has led the Commonwealth Scientific and Industrial Research Organisation (CSIRO) project in Brisbane,
        Reuter  -  134 words
      • Article
        Lock icon Cranberry juice for urinary infections
        64 12 Reuter CHICAGO Researchers reported last Tuesday the first scientific study to give credence to an old folk remedy the use of cranberry juice to combat urinary tract infections in women. The study by Brigham and Women's Hospital and Harvard Medical School said that prevalent beliefs
        Reuter  -  64 words
      • Article
        Lock icon New non-stick coating
        51 12 Reuter LONDON Dow Chemical Company has developed a new non-stick coating that far surpasses coatings now being used, American scientists said. The new chemical, which can be painted on and baked at relatively low temperatures, could have a variety ol uses including non-stick cookware or repel graffiti.
        Reuter  -  51 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      488 12 HSBC Holdings pic <X> Results for 1993 U Overall business conditions were 1993 1993 1992 favourable for the HSBC Group in a ussm For the year £m £m year marked by growth and change, including the move of our holding 3,819 Profit before tax 2,584 1,714 company to London. The
      488 words
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  • THE LAW PAGE
    • Article, Illustration
      Wrong letterheads and wrongful dismissal
      1308 13  -  Dennis Ong reviews a case in S'pore where unexpected legal problems arose from a company's termination of two employees Dennis Ong The writer is a senior lecturer at the Sihooi of Accountancy Business. Sanyang Technological i niversitv THE notice of termination is the most common
      1,308 words
    • Article
      Lawyers to fork out more for insurance cover
      441 13 AT THE BAR *ji OUR lawyers will soon have to pay more for insurance cover to protect themselves from being sued by their clients. Although Singapore society is not as litigious as those in the West, the claims figures under the Law
      441 words
    • Article
      GST ploy to make all pay up
      123 13  -  By Conrad Raj THE Law Society in an attempt to make its members pay up their subscriptions early is taking a leaf from the books of our retailers. In a circular to members the Society said: "Members are kindly informed that all cheque
      123 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      93 13 Uuisi/t&. A sumptuous experience. Dishes exquisitely prepared and served to you in elegant surroundings. \jy£Music. Reminisce as we play the evergreens, at a restaurant with a difference. And the world at your feet. At such a height, you'll like the feeling and, of course, the view. IK Sjfi PfflAClE If
      93 words
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      Page 13 Advertisements Column 2
      483 13 eBOOK TITLE /lETNAM I Business Research Report Environment in Vietnam Laws and Regulations for J Update on Projects for 1994) (SslBs: Hard bound) HANGHAI I ecial Research Report i Investment Environment Rules and Regulations) for Investment in Shanghai and in Pudong New Area: gp Projects Update in Shanghai: Essential Business
      483 words
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  • Article
    Going abroad: a timely reminder
    490 14 EDITORIAL WHAT Finance Minister Richard Hu said in Parliament on Tuesday when wrapping up a two-day Budget debate would have seemed a statement of the obvious to people in business: Only companies with the money, know-how, and connections should take the big step of venturing
    490 words
  • WHAT THE OTHERS SAY
    • Article
      Russia looks for a role
      236 14 IF IT DOES nothing else. Russian membership of Nato's Partnership for Peace plan will set a symbolic seal on the end of the Cold War. But, of course, the proposed alignment is expected to achieve a great deal more, reconciling Western, especially United States, requirements
      236 words
    • Article
      Monitor expat teachers
      160 14 THE SHORTAGE of teachers is a perennial problem in the labour-tight market of Singapore. Hence, it is not surprising that the Ministry of Education has decided to engage more expatriate teachers to meet the demand, especially with the 50 per cent increase in the number of students
      160 words
    • Article
      Grab the chance to go abroad
      144 14 CHINA, VIETNAM, India and even Myanmar all want to leam from Singapore how to achieve rapid growth. They hope to tap its experience and bring about technology transfer through Singapore's industrial park projects. Of course. Singaporeans can also help their own small and medium-sized
      144 words
    • Article
      Don't let the fiasco be repeated
      149 14 UNSCRUPULOUS, greedy traders are the bane of Malaysians in a country which celebrates one festival or another throughout the year. There should not be any artificial shortages of any goods during the major festivals as these are observed every year and not only during
      149 words
    • Article
      Where there's a buck to be made
      158 14 CHINA is behav ing as if President Bill Clinton's extension of its Most Favoured Nation (MFN) trading status is a foregone conclusion. Dissidents have been detained during the visit of Mr Clinton's assistant secretary of state for human rights and humanitarian affairs, sent
      158 words
    • Article
      Help South Africa
      172 14 AS A POSSIBLE SOURCE of future violence and many-sided civil war. few nations raise as much concern as South Africa. The road from racist apartheid to democracy has already caused too many deaths and too much hatred. But as the days pass towards the nation's first democratic
      172 words
  • Article, Illustration
    Just a super way to annoy people and not gain much
    887 14  -  Bahram Nowzad says Washington's heavy-handed Super 301 approach in trying to settle its trade dispute with Japan is inappropriate Bahram Nowzad The writer, former chief editor of the International Monetary Fund and now a Washington-based consultant, contributed this article
    887 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      321 14 The Price of Plenty The good life a house, a car and a club membership costs twice as much as it did five years ago. With lots more money chasing after limited goods, m are we on the way to building an asset bubble? ALSO IN THIS How to avoid
      321 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      78 14 (soRRy it s youß j i ojp.foieD it drop rue (j noRn |N G» C>Risroijo.!). \f~PvCG- vou ujptLweo »N v spaar Z3 7 y ~rs jgr§ (XJMPvT'S SO C ASSOCIATED NEWSPAPERS LTD. IMMM4 &-*&&«> 9156 DOONESBURY GARRY TRUDEAU PBFSIDFMT KING /SNT SIR. IStTTIT TRU6 THAT YEARS I THATS\ PRIVATW/AUWH& I
      78 words
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  • ANALYSIS
    • Article, Illustration
      Watergate. Whitewater. Whitewatergate?
      1554 15  -  It sounds like something out of Hollywood, but it's for real. The Whitewater scandal has cast over the Clinton White House a pall which will not lift until some mysteries are unravelled and many vexing questions are answered. Leon Hadar is struck by a sense of deja
      1,554 words
    • Article
      Lock icon Salvaging a soured oil bet
      1410 15  -  A gutsy lady oil trader has been entrusted with a crucial role in the rescue of the German giant, Metallgesellschafi AG. Kenneth N Gilpin reports Kenneth N Gilpin NYT FROM AN office on Madison Avenue in New York, a former oil trader turned Italian sculpture
      NYT  -  1,410 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      27 15 Paradise iSHP Palms mmmMM Spacious 3 bedroom Townhouscs jj hmll for sale to non-Australians. j£i Asl44 900 Ai Rnrr SHIR* BL II «IHCM IH^ VICTOR MORRIS |S|^^ffTOSBHTOM
      27 words
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  • Article
    Lock icon Breakthrough in US, Japan talks on cellular phone market: Kantor
    520 16 But he blasts Europeans for taking Japan's side and sniping at US trade policy Bloomberg Business News. AFP Reuter WASHINGTON United States Trade Representative Mickey Kantor yesterday said that the US and Japan had made a breakthrough in talks designed
    Bloomberg Business News.; AFP; Reuter  -  520 words
  • Article, Illustration
    Lock icon Japanese ex-minister faces arrest over graft scandal
    283 16 AFP Bloomberg Business News TOKYO Japan's latest bribery scandal widened further yesterday as prosecutors were poised to arrest the first national lawmaker involved in a series of corruption cases with big contractors. Political analysts said the Lower House was expected to approve prosecutors'
    AFP; Bloomberg Business News; Reuter  -  283 words
  • Article
    Lock icon Japanese corporate profits expected to rise in next fiscal year
    379 16 Bloomberg Business News TOKYO Yamaichi Research Institute yesterday forecast that Japanese corporate profits will rise in the fiscal year ending March 31, 1995, for the first time since 1990. In the coming fiscal year, current profits will increase by an
    Bloomberg Business News  -  379 words
  • Article
    Lock icon US wholesale stocks fell in January, business sales up
    194 16 Reuter WASHINGTON Inventories at the wholesale level fell in January for the first time since last October, while business sales increased, the Commerce Department said yesterday. The 0.4 per cent decline in inventories to a seasonally adjusted U*****.59 billion (***** billion)
    Reuter  -  194 words
  • Article, Illustration
    Phnom Penh must forge new accord with provinces
    823 16  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is BT's Indochina correspondent Governments in many of Asia's liberalising countries have stumbled in their efforts to implement economic reforms because of the recalcitrance of chief ministers and governors of provinces loath to
    823 words
  • Article
    Lock icon UK minister stirs up storm over remarks about lying to Parliament
    245 16 Reuter LONDON Britain's Minister for Open Government yesterday vigorously defended telling a parliamentary committee that it was acceptable for ministers to lie to Parliament in extreme circumstances. William Waldegrave, 47, stirred up a hornet's nest on Tuesday with a
    Reuter  -  245 words
  • Article
    Lock icon Republicans seek to question 40 witnesses on Whitewater affair
    324 16 Reuter WASHINGTON Republicans have released a list of 40 witnesses they want to question about the Whitewater affair when the House of Representatives Banking Committee holds a hearing later this month. The list submitted to committee chairman Henry Gonzalez, a Texas
    Reuter  -  324 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      260 16 HT 111 ill INVESTIGATION METHODS COURSE 29-30 MARCH 1994 CONCORDE HOTEL, SINGAPORE CONDUCTED BY THE INSTITUTE OF SECURITY AND APPLIED TECHNOLOGY OF EDITH COWAN UNIVERSITY MASTER PRACTICAL INVESTIGATION SKILLS AND TECHNIQUE! PRACTICAL TOPICS BENEFITS AND FEATURES YOU WILL LEARN Certificate of Participation Methods of Investigation Course Manual and Lunches Investigation
      260 words
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      Page 16 Advertisements Column 2
      18 16 _;:"'[/*"_)|,?`<[{$*>%^)([(^>{\ Analysis, Pg 15 SINGAPORE KUALA LUMPUR -V Q MENARA IMC 10ytOppSh.nflri-UHatrt) QualitySe^ Tel: 65-838 5243/ Fax: 65-*****76 MBCENTRE
      18 words
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  • COMPANIES & MARKETS
    • Article
      Jardine Fleming gets SES non-member dealer's licence
      497 17  -  By Agnes Chen SINGAPORE Regional financial powerhouse Jardine Fleming (JF) may be one step closer to regaining its former prominence in Singapore, 10 years after a controversy cost the firm its merchant banking licence in the Republic. JF has been granted a Stock
      497 words
    • Article, Illustration
      M Credit set to gain up to $14m from land deal
      417 17  -  By Joyce Quek SINGAPORE Listed Malayan Credit Ltd (MCL) stands to make up to $14 million in a deal it has yet to announce. In December 1992, the company bought two plots of land totalling 146,627 sq m at
      417 words
    • Article
      Tuan Sing's net earnings up 39 pc
      315 17 SINGAPORE Propertybased Tuan Sing Holdings yesterday reported a 39 per cent rise in net earnings to $5.89 million for the year ended Dec 31, 1993. The stronger showing, which reflects a turnaround in a previously loss-incurring division, was backed by an 80 per
      315 words
    • Article
      Why equities were hit by global meltdown in bonds
      673 17  -  HOCK LOCK SIEW By Catherine Ong HONGKONG There was a time when falling bond prices would send fund managers scunying into equities and any jitters in financial markets in general would bring glitter to gold. The effects of last week's meltdown
      673 words
    • Article, Illustration
      OCBC launches its first unit trust in China shares
      409 17  -  By Soh Tiang Keng SINGAPORE OCBC Asset Management has launched the Savers China Growth Fund its first unit trust to invest in shares in China. During a promotional period which begins from today to April 18. the units will be sold
      409 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        44 17 Weak Market Mood indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter si'ntiment. Brokers no/led Alliance. Barings. Daiwa. (JK (ioh. \lt>rgan (Jrenfell. Phillip. I'at Lee, Smith New Court. W'/ C'arr and SG H arhurg
        44 words
      • Article, Illustration
        HOT STOCK
        139 17  -  By Paull Leo At yesterday's close of $7.30, Camaudmetalbox faces limited downside risk. In fact, technicals are pointing to a rally soon. Daily Relative Strength Index is below 25, indicating that the stock is in oversold region. This is confirmed by the daily and weekly stochastics which are
        139 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Orchard Parade sets up property arm
          39 18 SINGAPORE Orchard Parade Holdings Ltd has set up a wholly owned subsidiary', Jadevine Pte Ltd. for property investment and development. Jadevine has an authorised capital ot Sioo.ooo and a paid-up capital of S2.
          39 words
        • Article
          OCBCs certificate deposit deadline
          38 18 SINGAPORE Overseas Chinese Banking Corporation Ltd •yesterday advised shareholders to deposit their share certificates with the Central Depository directly, or through any Stock Exchange of Singapore members, no later than noon on April 28.
          38 words
        • Article
          Sun Corp now Cosco Investment
          47 18 SINGAPORE Sun Corporation Ltd will be quoted and traded under its new name. Cosco Investment (Singapore) Ltd, from today. However, share certificates bearing the old names Singapore Fodder Company Ltd and Sun Corporation Ltd will still be valid indefinitely, said the company.
          47 words
        • Article
          United Intl Securities gets issue nod
          32 18 SINGAPORE United International Securities said yesterday it has received in-principle approval from the Stock Exchange of Singapore for its proposed bonus issue of one for 10.
          32 words
        • Article
          Lock icon Malakoff's pre-tax profit drops
          130 18 Bernama KUALA LUMPUR MalakofT Bhd has reported a 14 per cent drop in group pre-tax profit to M 56.78 million (553.94 million) for the six months ended Dec 31 1993 from M 57.92 million in the previous corresponding period. A Malakoff statement here yesterday said group
          Bernama  -  130 words
        • Article
          Lock icon EPE seeks extra Petro-TIME shares
          103 18 Bernama KUALA LUMPUR EPE Power Corporation Berhad (EPE) this week subscribed for an additional 1.27 million B class ordinary shares of MSI each in Petro-TIME Sdn Bhd at par MS 1.27 million (*****.000) cash. Petro-TIME, an investment holding company, is a joint-venture between TIME Engineering
          Bernama  -  103 words
      • Article
        Lock icon Landmarks to take part in KL light rail transit system
        276 18 Bernama KUALA LUMPUR Landmarks Bhd will take part in the Sistem Transit Aliran Ringan Sdn Bhd (Star) via a memorandum of understanding to buy a 50 per cent stake in KLTG Assets Sdn Bhd (KLTGA) for M 547.45 million (5527.5
        Bernama  -  276 words
      • Article
        Stanchart pre-tax up 112 pc on strong gains in HK, S'pore, KL
        618 18  -  From Catherine Ong in HONGKONG BUOYED by strong earnings in Hongkong. Singapore and Malaysia, Standard Chartered pic has reported a 112 per cent jump in group pre-tax profits to £401 million (*****.4 million). Although this fell at the
        618 words
      • Article, Illustration
        Thai-HK group wins Royal Hotel deal
        476 18  -  From Loh Hui Yin in BANGKOK A THAI industrial group and its Hongkong partner have clinched a contract to redevelop the historic Royal Hotel in Phnom Penh, beating DBS Land and several other regional hotel groups. The Eastern Dragon Group, a joint venture between
        476 words
      • Article
        Morgan Grenfell's earnings soar despite staff loss
        280 18  -  By Shiv Taneja SINGAPORE Despite an exodus of its top management in Ma\ last year. Singaporebased Morgan Grenfell Asia Holdings Ltd (MGAH) turned in a strong performance for 1993. Announcing its preliminary results yesterday. MGAH said its pre-tax profit for the year ended
        280 words
      • Article
        Lock icon Corrugated Carton to buy PBK, diversifying into oil, gas industry
        363 18 Bernama KUALA LUMPUR Corrugated Carton Products Bhd (CCP) has entered into a conditional sale and purchase agreement with Perbadanan Memajukan Iktisad Negeri Terengganu (PMINT). It wishes to acquire 106.86 million ordinary shares of MSI each of Pangkaian Bekalan Kemaman Sdn
        Bernama  -  363 words
      • Article
        Buy, buy, and maybe buy: verdict of three experts on M'sian market
        963 18  -  MARKET WATCH By Amy Balan KUALA LUMPUR Three stock market experts yesterday delivered their verdicts on the Malaysian market: two recommend an immediate buy while the third is calling a cautionary buy. The three experts Lee Siang Chin,
        963 words
      • Article
        UNIT TRUSTS & FUNDS
        542 18 UNIT TRUSTS FUNDS Manager*' prices Mar 10 UMB Invest Mgt Ltd CLuuuua lln«4 Tmi*i I nifund 1.50 1,5ft angapore unn irusi I'mbond*- 10:5 1055 The t ommeree 15 184 I nited Or Fund 165 1.71 The Savings Fund 160 168 vl I nited Asia Fund 182 I 92 S pore
        542 words
      • Article
        Lock icon Soybean drinks maker Vitasoy to raise HK$ 300m for expansion
        207 18 Bloomberg Business News HONGKONG Non-carbon-ated and soybean drinks maker Vitasoy International Holdings plans to raise about HKS3OO million (SS6O million) through an initial public offering of shares for the group's expansion projects. Vitasoy International is one of the largest producer-distrib-utors
        Bloomberg Business News  -  207 words
      • Article
        DIVIDENDS ANNOUNCED
        649 18 Payment Ex Books Pay (S) dale clow date BAT 21' F 86.9N Mar 18 Mar 24 Apr 6 Bcrjava Group I 6 Mar II Mar 28 Apr 18 Bcrjava Ind I 4 Mar II Mar 28 Apr 12 Bcrjava Leisure I 5 Feb 22 Mar 8 Apr 6
        649 words
      • Article, Illustration
        Lock icon Citicorp chairman's pay trebled to US$ 6.2m in cash and stock options
        464 19 What top US CEOs earned last year NYT NEW YORK Citicorp paid its chairman, John Reed, US$6.2 million (SS9.B million) in cash and slock last year, triple his pay from 1992, as a reward for nursing the company
        NYT  -  464 words
      • Article
        Lock icon Wage package of US$ 4.9m for Exxon head
        216 19 Bloomberg Business News WASHINGTON Exxon Corp chairman and chief executive Lee Raymond earned about US$4.BB million (SS7.B million) last year, including salary. bonus, other compensation and stock options. In addition to his base salary of USSI.I4 million. Mr Raymond got a USSSOO.OOO
        Bloomberg Business News  -  216 words
      • Article
        Lock icon GE chairman paid total of US$ 4m
        155 19 Bloomberg Business News WASHINGTON General Electric Corp chairman and chief executive John F Welch earned US$4.Ol million (556.3 million) in salary, bonus, and other compensation last year. He received a base salary of US$l.5 million and a performance bonus of 52.2 million, according
        Bloomberg Business News  -  155 words
      • Article
        Lock icon BAT'S 1993 pre-tax up lOpc, thanks to financial services
        240 19 Bloomberg Business News LONDON BAT Industries pic reported a 10 per cent rise in 1993 pre-tax profit from 1992 as gains in financial services offset "a year of exceptional difficulty" in the tobacco business. Pre-tax profit rose to £1.81 billion (554.3
        Bloomberg Business News  -  240 words
      • Article
        Lock icon Rescue package mapped out for Euro Disney
        262 19 FT PARIS Euro Disney, the leisure group, and Walt Disney, its US parent company, are understood to have worked out the basic framework for a 12 billion French franc (553.59 billion) restructuring plan with Euro Disney's banks. They are optimistic that an outline
        FT  -  262 words
      • COMPANY BRIEFS
        • Article
          Lock icon Aussie Consolidated Press profit down
          100 19 Bloomberg Business News SYDNEY Magazine publisher Australian Consolidated Press Ltd, an arm of financier Kerry Packer's investment empire, yesterday said net profit in the first half dropped 8.6 per cent, largely reflecting start-up costs of new magazines. Consolidated Press said its net profit in the
          Bloomberg Business News  -  100 words
        • Article
          Lock icon Mitsui buys into Yizheng Chemical Fibre
          104 19 Bloomberg Business News HONGKONG China's Yizheng Chemical Fibre Co, the fifth largest polyester producer in the world, will sell equity to two major investors in order to strengthen ties with them, said a spokesman for Yizheng's financial adviser SG Warburg Co yesterday. The Warburg
          Bloomberg Business News  -  104 words
        • Article
          Lock icon SBC Australia's profit doubles
          67 19 Bloomberg Business News SYDNEY Investment bank SBC Australia Holdings Ltd, the local arm of Swiss Bank Corp, said after-tax profit in 1993 doubled from a year earlier to A 523.3 million (5526.4 million). The unlisted bank attributed the gain to growth in its major activities of
          Bloomberg Business News  -  67 words
        • Article
          Lock icon No deals between McDonald's, Kellogg
          59 19 Reuter NEW YORK McDonald's Corp on Tuesday said it was not currently involved in any pacts with Kellogg Co. McDonald's spokesman Chuck Ebeling said, "We have nothing cooking with Kellogg." Earlier in the day, there was speculation by analysts that McDonald's could be the undisclosed
          Reuter  -  59 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Thai banks' deposit rate increases a defensive move: banker
        315 20 Bloomberg Business News BANGKOK Thai commercial banks are increasing their deposit rates as a defensive measure against rising interest rates abroad, which is causing an outflow of funds. "Banks are trying to protect their market shares and access to funds," said
        Bloomberg Business News  -  315 words
      • Article
        We did not seek dismissal of foreign bankers: Bank Negara
        407 20  -  By Paul Leo SINGAPORE Bank Negara denied rumours that it has sought the dismissal of key treasury executives at two foreign banks operating in Malaysia for circumventing its directives on foreign deposit accounts. The Malaysian central bank said yesterday that
        407 words
      • Article
        Lock icon Nickel giant Inco plans to cut 1,000 jobs
        192 20 Reuter OTTAWA Inco Ltd, the Western world's largest nickel producer, on Monday announced plans to cut 1,000 jobs worldwide in an attempt to stay competitive against a backdrop of depressed nickel prices. Inco, which produces about 25 per cent of the world's
        Reuter  -  192 words
      • Article
        Lock icon Yuan's US dollar value moving away from bank rates
        257 20 AFP BEIJING About eight months after Vice-Premier Zhu Rongji stepped in to stabilise China's plunging currency, the yuan's dollar value on the street is again moving away from bank exchange rates. Black market traders were yesterday buying USS for up to
        AFP  -  257 words
      • Article
        Lock icon Moody's setting up subsidiary in Hongkong
        276 20 Bloomberg Business News HONGKONG United States ratings company Moody's Investors Service yesterday said it was setting up a subsidiary in Hongkong in response to growing investor demand for credit ratings on bonds sold in Asia. Moody's said the subsidiary, to be called Moody's Asia-Pacific
        Bloomberg Business News  -  276 words
      • Article, Illustration
        CURRENCY REPORT
        137 20 THE USS/majors traded mostly sideways yesterday in extremely tight ranges. The market remained mostly uncertain and cautious with no fresh news other than the "Whitewater affair" and "Super 301" behind traders' minds. The USS/SS traded an extremely narrow range despite a commercial US$ buy interest below 1.5830. Market
        137 words
      • Article
        Lock icon London
        186 20 Bloomberg Business News LONDON The dollar rallied against the yen here yesterday on signs of a thaw in a trade dispute between the US and Japan. The ven skidded across the board after US trade representative Mickey Kantor said negotiators had made progress in talks aimed at boosting Motorola
        Bloomberg Business News  -  186 words
      • Article
        Prices firmer as product stockpiles decline
        156 20 Bloomberg ENERGY REPORT LONDON Oil futures prices traded higher yesterday in London and New York after the American Petroleum Institute reported a decline in US refined product inventories, brokers said. Prices were also boosted in part by an upward revision to first quarter projected
        156 words
      • Article
        Lock icon New York
        87 20 AFP NEW YORK The dollar moved lower yesterday against the other major currencies except the yen after the Bundesbank made only a minimal reduction in a key short-term interest rate. Gold fell US$l.2O from Tuesday's closing price to U*****.50 an ounce. At 9:45 am, the dollar was trading
        AFP  -  87 words
      • Article, Illustration
        Lock icon BCCI liquidators give nod to revised deal
        273 20 FT LONDON The liquidators of the Bank of Credit and Commerce International provisionally approved on Tuesday a revised deal with the government of Abu Dhabi which should pave the way for an increased payment to creditors. Under the terms of the settlement Abu
        FT  -  273 words
      • Article
        Lock icon MIDF's M$ 150m revolving facility given P2 rating
        259 20 Bernama KUALA LUMPUR The proposed issue of MS 150 million (5587.3 million) revolving underwritten facility (RUF) by Malaysian Industrial Development Finance Bhd (MIDF) has been given a short-term P2 rating. Rating Agency Malaysia Bhd (RAM) said yesterday the P2 rating indicated MIDF's
        Bernama  -  259 words
      • Article, Illustration
        Untitled
        1645 20 htitU- Mcwhuil mlt iak ufouiJ arain\i S jurc'i ;<y> H ii jJihk pannns Huv utv /W? US$/S$ forward rates Noon Mar 9 s$ Bid Oder 1-month 1.5821 I 5836 2-month ***** 1.5831 V month 1 5812 1.5827 6-month 1.5798 1.5818 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m m
        1,645 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firmer on moderate trade
        1326 21 fluMrv mtitmr Reuter SINGAPORE Simex Eurodollars recovered from the morning's weakness to close firmer in moderate trade yesterday. Dealers expect Eurodollars to consolidate around current levels as the market has already factored in an increase in short term rates. Eurodollars were sold following the release
        Reuter  -  1,326 words
      • Article
        KL tin sinks further to M$ l4
        582 21 COMMODITY REPORTS TM UN extended the bearish trend and closed at a new five-week low of Msl4 a kg yesterday on a lower London market overnight and initial high offers. Traders said the metal dropped one cent from Tuesday. "Demand is poor. Many
        582 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          China's alumina import likely to drop
          123 21 HONGKONG China's overhanging supply of alumina and possible price cuts by domestic producers likely will put a crimp in foreign imports this year, according to a top official of a major Chinese nonferrpus metals import and export firm. Alumina is used by smelters to
          123 words
        • Article
          Opec Feb crude output up against Jan
          82 21 PARIS Opec countries produced an estimated 24.79 million barrels of crude oil per day in February. compared to a revised estimate of 24.76 million barrels per day in January, the International Energy Agency said yesterday. The January figure was revised from a first
          82 words
        • Article
          Hyundai Oil's coker restarts
          74 21 SEOUL A delayed coking unit at Hyundai OiTs Daesan refinery started operating on Tuesday after an unexpected one-week shutdown due to a matfunction in the unit's heater, a company official said yesterday. According to the official, the unit will resume producing kerosene, gas oil and naphtha
          74 words
        • Article
          Russia's gold output seen declining
          115 21 KALGOORLIE, Australia Russia's gold mine output is expected to decline dramatically as deposits dry up. according to a South African economist. Russia's gold yield could slip to between 110 and 120 tonnes this year from about 145 tonnes m 1992. Mike Brown of Frankel Pollak
          115 words
    • Article
      COMMODITY PRICES
      1516 21 Rubber Singapore CMNMdity Exdutfi (titvrts cMi| M at lp»> iSS 1 Cwtnl (S cents/kg) Close Volume Open Month High Lew Sett (tonnes) Interest Ape 94 145.75 145 00 145.25 425 2.875 May 148.00 145.75 147.25 1.025 5 550 Jun 149 25 147.25 148 50 500 5.650 Jul/Sep 150.50
      1,516 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1103 22 -24.9 Australian stocks closed lower yesterday, driven down and held captive by sharply weaker bond prices, brokers said. "The bond market has been driving the physical and the futures markets all day." said ANZ McCaughan associate director Simon Bond. The All Ordinaries index closed 24.9 points lower at 2.146.8,
        1,103 words
      • Article
        Manila
        626 22 -4.9 pc Philippine share prices plunged nearly 5 per cent in its biggest single-day loss ever on selling in firms owned by business magnate Eugenio Lopez following his denial of any involvement in a lucrative lottery operation, analysts said. The composite price indices at the Philippine Stock Exchange (PSE)
        626 words
      • Article
        Taipei
        494 22 10.01 Taiwan stocks closed mixed in modest trade after a late wave of buying in financial stocks helped to pull the market ofT lows. But brokers said sentiment remained weak and a big rebound in the near term was unlikely. The weighted index bounced off an intra-day low of
        494 words
      • Article
        Seoul
        387 22 -1 Stocks ended lower in relatively slow trading as blue chips continued to lose ground, brokers said. But they said shares with low book-values, such as Sungchang Enterprise, and financial shares gained momentum. The composite index shed 7.00 points to close at 877.85. Volume totalled 21.45 million shares, valued
        387 words
      • Article
        New Zealand
        251 22 -19.88 New Zealand shares ended soft on low-to-moderate turnover. The NZSE-40 capital index closed 19.88 points down at 2.206.20 on turnover worth NZS4I million. Nigel Scott, head dealer at BZW. said there was a decided lack of orders. Most leaders were marked back except Fletcher Challenge, which gained
        251 words
      • Article
        Bombay
        88 22 •39.67 Share prices in late evening kerb deals were hovering around their closing levels and a lack of liquidity in the market had made it highly unpredictable, brokers said. In kerb. Tata Iron Steel Co was quoted at 205/7.50 against the closing 206.25. brokers said. During the official trading
        88 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        752 22 Britannia Funds Medial Casta BM «fcr Mini ap Dcpuul 3*.MOO 3**500 Mini Jene% A1W3 0 1*12 Mini Max Income ****** ****** L'S$ Cash Income Phrs Fund •10 0400 *10 5100 PSSRneneFund 5 2400 5 2500 Swrtiaa Eaaky Euro PerloonWe 04W2 0 41M Far Em Fund *2. 'ftSO *2.»TJ0 Mm PonMu
        752 words
      • Article
        London
        632 22 -17.7 Shares on the London Stock Exchange closed lower yesterday, dragged down by a weak opening on Wall Street and disappointment at the smallcr-than-expccted cut in a key German money market rate. The blue-chip Financial Times Stock Exchange 100share index closed at 3,246.7 points, down 17.7 points. The narrower
        632 words
      • Article
        Paris
        126 22 -16.79 French shares ended just below the key 2,200 level on the CAC-40 index as bond prices continued to show weakness, dealers said. They said the stock market was without direction but the 2,200 point level is acting as a good support. The CAC-40 index ended down 16.79, or
        126 words
      • Article
        Frankfurt
        199 22 -7.95 The DAX index finished floor trade 7.95 points lower at 2,116.09, near the bottom of the day's 15-point range. Traders forecast the DAX would stick to a range of 2,100 to 2,150, but within this, fluctuations were possible. BASF shares rose 3.30 marks to 314.30 after posting higher
        199 words
      • Article
        Milan
        131 22 -I.oBpc Prices slipped as operators squared positions and the bourse is expected to remain edgy in the run-up to next week's close of the monthly account. The weakness of the bond market and the lack of any clear direction from abroad also encouraged selling even if business was only
        131 words
      • Article
        Amsterdam
        234 22 Dutch shares slipped to a lower close in a nervous bond-obsessed market which dealers say shows little sign of regaining its confidence. The AEX index ended 2.27 points weaker at 420.75. Fokkcr plunged into free fall after the plane maker shocked the market with a 1993 loss of 460
        234 words
      • Article
        Zurich
        236 22 -24 Swiss shares fell more than 1 per cent in a moderately active market. Banks led the market lower as London-based investors dumped bank shares on the perception that the shares had little additional potential for gains at the moment. The broad SPI index shed 24 points to 1,837.14.
        236 words
      • Article
        Johannesburg
        336 22 +29 Industrial gains dominated a choppy day's trade on the Johannesburg Stock Exchange as gold shares drifted nervously lower and a stronger financial rand and heavy profit-taking pressured leaders De Beers and Anglos. The all-share index sank 30 points to 5.088 under the weight of early profittaking on De
        336 words
      • Article
        Toronto
        307 22 -4.76 Rebounding gold shares helped Toronto stocks to regain some ground at midday yesterday, but soft real estate and utilities soured the market tone. The TSE 300 composite index was trading 4.76 points lower at 4,426.47 in turnover of 45.61 million shares valued at C 5479.24 million. Advances narrowly
        307 words
      • Article
        Now York
        736 22 -16.04 The Dow Jones industrial average was down 16.04 points to 3,835.68 at 11 am EST yesterday. The index was ahead one point shortly after the market opened. The New York Stock Exchange composite index was off 1.05 to 257.43, while the S&P 500-stock index was down 2.02
        736 words
    • Article, Illustration
      Lock icon HONGKONG
      2843 23 Bloomberg Business News HONGKONG Slock prices ended lower yesterday on concerns over possible interest rate rises and speculation that the Jardine Matheson Holdings group of companies may delist from the Hongkong exchange. The Hang Seng index Finished down 70.20 points, or 0.69 per cent, at 10,224.38 on extremely low
      Bloomberg Business News; Source: Bridge Info; Source: Bridge Infok!  -  2,843 words
    • Article, Illustration
      CHINA
      493 23 THE CLSA Shanghai B Index eased 5.68 points to 837.53 on very thin turnover yesterday. On the strength of better-than-expected 1993 results. Industrial Sewing Machine was the best performer of the day, adding 9.1 per cent. Erfangji ended marginally down by 1.2 per cent. Its price had retreated from
      493 words
    • Article, Illustration
      Lock icon TOKYO
      2414 23 Reuter TOKYO Stocks ended soft on reheated worries of profittaking ahead of the March 31 year end. Investors were cautious as the Nikkei saw a strong resistance around 20,000 earlier this week, brokers said. The market is expected to remain at a stalemate until tomorrow's futures settlements. The consensus
      Reuter; Source: Bridge Info  -  2,414 words
    • Article, Illustration
      Lock icon BANGKOK
      1764 23 Reuter BANGKOK Thai stocks closed lower on thin volume yesterday as investors were sidelined due to an absence of positive news. The SET Index fell 9.47 points to 1.358.56 on thin turnover of five billion baht. A broker said the Thai stock market, like other markets in the region
      Reuter; Source: Bridge Info  -  1,764 words
    • Article, Illustration
      Lock icon JAKARTA
      1160 23 Reuter JAKARTA Share prices on the Jakarta stock market closed down in slow trading yesterday marked by bearish sentiment before the annual Muslim holiday, dealers said. The official index fell another 6.60 points to end at 514.57. "We only have offers on our book and the list seems to
      Reuter; Source: Bridge Info  -  1,160 words
    • Article
      CLOB INTERNATIONAL
      2632 24 MOST ACTIVE vdurm Mulpha IMI 50c 6.541.000 AMDS SOt 6 406 000 Landmarks BM i.«l*.000 Fabcr Group 4.302.000 kins Hvd50c 3.*****0 Promo 3.403.000 Kjmualing 50c 3.261 000 John Hk%s 50c 3.222.000 General Corp 2.951.000 Mctung (orp 2 4*9000 Kcnont Bhd 50c 2 *****0 MBfHUp 50c 2 J 74.000
      2,632 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Concerns over interest rates hold back investors
        5650 24 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index closed little changed yesterday due to foreign investor concerns over rising US interest rates, traders said. The Kuala Lumpur Stock Exchange's Composite Index rose 0.13 point to 1,056.43 after falling as low as 1,046.98
        Bloomberg Business News; Source: Bridge Info  -  5,650 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7603 25 I MAIN BOARD Transaction date: Mar 9 Or Or 14*3/94 Last Vol Da) l.*s« QmK l)i» Dl« VI M (i» High Low Company Sale 000) High Low B«>cr Viler S Or S VHL *mil INDUSTRIAL AND COMMERCIAL 1440 260 I Ac ma Il30st >30 94 11.30 MOO 11V) 1150 12.5
        7,603 words
      • Article, Illustration
        Lock icon Prices drift lower as uncertainty weighs on market
        1968 26  -  By R Sivanithy Si NGAPORE Brokers were disappointed at the lack of interest yesterday, as prices drifted lower on thin volume. The Straits Times Industrials Index continued on the same path it has treaded over the past two weeks a brief rise
        Charts by Bridge Info; Source: Bloomberg  -  1,968 words
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      268 17 NEWS VALUE How today s new s might affnt your stocks Kew Drive land auction sets new benchmark prices (pg 1) New benchmark prices set but notable is the fact that it's the small boys who are driving the market. Could be read as a bearish signal. UIC reports big
      268 words
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      26 18 For Horn* or Office deliveries of: Straits Times, Sunday Times, Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotline 1800-749-2577.
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      391 19 NEAR QUALITY ll la B H When it coaws to buying a notebook PC aßew yon to access data from year office LAN with a built-in printer, there b only one name and to keep Hi teach by fax. to remember: Caaoa. The integrated Babble Jot prtater the Because oaly
      391 words
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      34 21 Saw an ad of a house that you may like to own? o Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. OasaFUNE^ I2Q3QQ!EQSS!IZI2IE!XBDi [cjumi
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      Page 21 Advertisements Column 2
      42 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. JJjBISHF: rrT jusfr cau/v 737-1166 Business heats up AvV when you make the call and I place an I CJLTJ. ad. 1737-i»—
      42 words
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      32 22 Hill ii Piaget Boutique and Service Centre: m *01-01 Mandarin Shopping Arcade, p 11| The Mandarin Singapore, P i A. jj Jill 333 Orchard Road, Singapore 0923 »> JOABJJER EN HMUKHE DBPUtS 1874
      32 words
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      Page 23 Advertisements Column 1
      140 23 P Over 30 years of experience has led Svenson to the Single Hair System I JjjjS Svenson Hair Center has helped thousands of people counteract hair and scalp problems with their unique formulations based on research gathered from leading institutions the world over. With years of technological development the Single
      140 words
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      Page 24 Advertisements Column 1
      66 24 A Timely Investment. B^PSH sole Agent DICKSON WATCH JEWELLERY (S) PTE LTD T ''1/W I A wholly owned substdiary of DICKSON CONCEPTS (INTERNATIONAL) LIMITED I v> y/ HERMES A A A A A Ad DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchard Road #01 -03 Singapore 0923 Tel *****00 9 CENTREPOINT
      66 words
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      0 24 *!>`=$^**(]{~`\,-,:;-+";}|`([_@
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      92 25 SINGAPORE: THE HOUR GIASS Takashimaya Shopping Centre Tel: *****20/1 Lucky IEUj J«V Pla/a rcl *****62 543 Scorn I<l *****27 7198 Centrepoint lel *****98/ fjf /V 60S Peninsula Plaza Tel: *****09/*****63 Raifles Tel: *****41/1169 World jOV Trade Centre Tel: *****51/1007 Changi Airport Terminal 1 (West Wing) Tel: *****60, Terminal 2 (South
      92 words
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      20 26 PORT SHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. Business Times wt atom ami
      20 words
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      Page 26 Advertisements Column 2
      275 26 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTES OP THE COMPANIES ACT CAP AND IN THE MATTEB OF ENTERTAINMENT BUSINESS PIE LTO (la lliitiri' Vili li j I IjilliMn) FINAL MEETING NOTICE IS HEREBY GIVEN. pmM to Sectioa 3« of ike Compares Act Cq» SO. ikal Ike FINAL
      275 words
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      Page 26 Advertisements Column 3
      329 26 M THE MATTER OF THE COMPARES ACT. CHAPTER SO MALAYAN GUTTAS PTE LTD MEMBERS'VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed to be held on 2 March 1994, the toSowmg resolutions ware duly passed1. SPECIAL RESOLUTION WMOMG UP Thai the Company be would up voluntarily pursuant to
      329 words
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      Page 26 Advertisements Column 4
      327 26 M THE MATTER OF THE COMPANKS ACT, CHAPTER SO and M THE MATTER OF MtO-MAN ENTERPRISE PTE LTD (IN MEMBERS 1 VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the member* of MidMan Enterprise Pie Ltd. duty convened and held at 505 Nortti Bridge Road MO-OS. Blanco Court Singapore 0718
      327 words
Page thumbnail Page 27
  • Shipping Times
    • Article
      Thai operator RCL plans to buy up to 4 vessels
      397 27  -  By Rahita Elias SINGAPORE Leading feeder operator Regional Container Lines of Thailand plans to start renewing its fleet in the second half of this year. The managing director of Singapore arm RCL Feeder, Chan Tuck Hoi, says the group plans
      397 words
    • Article, Illustration
      Lock icon Hongkong urged not to delay building container terminal 9
      340 27 Reuter HONGKONG Hongkong's government must move immediately to create extra container capacity, the head of a container company said on Tuesday. Terminal 8 is nearing capacity and unless agreement is reached to build the port's ninth terminal (CT9) there will be
      Reuter  -  340 words
    • Article
      Lock icon US oil service firm takes US$ 3.5m charge
      244 27 Bloomberg Business News HOUSTON Global Marine Inc will take a USS3.S-million (555.5 million) charge against its first-quarter earnings to adopt new accounting standards for post-employment benefits, the company said in its latest 10-K filing on Tuesday. The oil service company implemented Statement
      Bloomberg Business News  -  244 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      837 27 Page Col ABC Containerline 12 5 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Batamindo 7 4
      837 words
    • Article, Illustration
      Lock icon Firms shortlisted in Bangkok Port upgrade
      383 27 The Nation BANGKOK Bangkok Port has shortlisted some stevedoring companies to provide stuffing serv ices under new regulations to make the port more efficient. The successful companies will be announced after receiving approval from the directorgeneral of the Port Authority of Thailand (PAT). Payoongkich
      The Nation  -  383 words
    • Article
      Lock icon China making pirate attacks, says maritime bureau
      374 27 Reuter LONDON The director of the International Maritime Bureau (1MB) has alleged that Chinese coastguards and naval vessels are earn ing out attacks on shipping with the full knowledge of the Beijing authorities. "These attacks, almost 20 this >ear already, range from pirates
      Reuter  -  374 words
    • Article
      Lock icon Iran orders 4 ships from China
      220 27 AFP TEHfcRAN Iran has ordered four 23.000-ton ships from China in a hid to modernise its commercial fleet, an official of the state-run Islamic Republic Shipping Company (IRSC) said on Tuesday. IRSC managing director Mahmoud Farhang Tarjoman. who was quoted by the official agency
      AFP  -  220 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        694 28 V*wI Voy Ho Berth Armal Departure VnsH Voy No Berth Arrival Departure Jurong Port Batam Speed A1594* P01A 1003 1530 10 03/1(30 Autumn 31SB 16 alongside 1003,1200 Batam Speed ****** P01A 10 03 0 700 10 03/0830 Batam Bahagia 03 04 94 11 alongside 1003,2300 Batan Speed!
        694 words
      • Article
        CONTAINER SCHEDULES
        1847 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCl CONTAINERS AND La CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Aci lade 179B 11/1100 1A 09/1500 09 16b9 09/1900 2B 09/1700 10 0659 10/0900 3 10 C700 10/1159 10/1400 4 10/1200
        1,847 words
    • Article
      THE SHIPPING GUIDE
      12545 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, tn destination, the name ot the ship, the shipping line involved and the estimated dates ol arrival and departure from the Fort of Singapore. LEGEND PN: ship calls at Pcnang alter
      12,545 words
    • Article
      SHIPPING AGENTS
      3694 41 A 1 IIIN ontaincrline N\: Bclsin Shpg Ajcikks Pic I til iS) Marine Handling Sdn Bhd tPk PN). Accord (irnup: Accord Shpg I'to Ltd ISi Wiwil ontr 1 inc (Pk/PN). \dkris Business orporation Philippine alsourcc Shpg Trdg I'tc Ltd (S> Ahrenkiel Liner Senior: kim Shpg Trdg(S). Vlbatros Sea-Air
      3,694 words
    • Article
      COURIER SERVICES
      334 41 bat-it's C ooritTs Tel: 545-8011. fax: \ir K\pri-ss lra»el Tel: 53.V5" "'1 lav 535-6144 Xir borne I rciulit Corporation I cl: 542-8844 Fax: ?42-3 7 16. *****X0. Xirswift \\<>rld«idc Courier Td: 2 7 X-0188. Fax: 2 7 3-8283. VJS Supplies Td ~48-d322 <2 lines). "'47-7421. Fax: 7 42-8V75
      334 words
    • Article
      AIR FORWARDERS
      1682 41 Xhe\ I \press Lreiisht Id: lax s4:^"^4 Xdinic Loo»arder Tel: 225-IMV lav 22?Jt~42 Xtlivair Singapore Tel 542-~I»22 t a x; S42K.S2H Xerolink I reitjht International Icl: >4s-m)U lav s4s(N«|s Xerospevd Id: >42-VM I. Lax: 54.54t)1k Xir ar»i Novo Lxpress Id: M2-MM Lax: *****<»<. Xir L.xpress International Id: 542-"(vMv.
      1,682 words
    • Article
      PORT CONDITIONS
      2196 42 ALBANIA Durres: Two vessels operating of which I loading copper, 1 discharging tobacco bales, no vessels in roads. ANGOLA Cabinda: Deepwater SPM has been in use for approx 1 month. Max draft 75 ft. SPVI I will now only be in use in emergencies. Max draft 55 ft.
      2,196 words
    • Article
      CRUISE & FERRY SCHEDULES
      1027 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr IX-p Nmk rf Vr*sH ETA LID I'urts of C alK I'or! \m-ni telephone No MARCH 10 12 Roval Odvssey 1000 1800 Bali Sin Stnga Ship \gcncies 224-43<)X I'ort Klang 11 II Lev Tolstov 0900 2200 Port KJang Sin Multi Line Co Pie Ltd 535-2333
      1,027 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1145 42 SHIP SALES TANKER RATES AFP THERE has again been limited movement in the market with only the dry handy bulker section showing any serious turnover of sales. One exception was the Polish built panamax bulker Bergv Charlotte 69.000 dwt and built 1984. said to have been sold to Cerrahogullari in
      AFP  -  1,145 words
    • Article
      TRANSPORT DIARY
      358 43 COURSES Title: Marine Legislation. Administrative Procedures Practices in Singapore (SDF 50%) Duration: Mar 10-31 Organiser: Singapore National Shipping Association Tel: For further details and application forms contact SNSA at 278-3464 or fax: 274-5079. Title: Command and Control Duration: Mar 14 Apr 1 Organiser: Singapore Aviation Academy, Civil Aviation
      358 words
    • Article
      COCKETT BUNKER MARKET REPORT
      909 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
      909 words
    • Article
      DAILY FREIGHTS
      1788 43 THE Baltic Freight Index for spot dry cargo shipping rates was unchanged at 1.112 on Tuesday. Owners are showing signs of resistance to low freight rates for moving grain from the European Union, brokers said. But it is too early to say whether this resolution will result in
      1,788 words
    • Article, Illustration
      Lock icon Cruises catch on in Asia
      1368 44 Asia is slowly becoming a market for cruise lines as well as a destination Lloyd's List Maritime Asia CRUISES in Asia traditionally meant calls at port* such as Bangkok. Singapore and Hongkong for those on cruises from Europe and the US. While the Caribbean, Mediterranean
      Lloyd's List Maritime Asia  -  1,368 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        SIA sets up 4 crisis management centres
        371 46  -  By Dexter Lee SINGAPORE Singapore Airlines (SIA) has formed crisis management (CMCs) in four of its most important markets to ensure that it can react accordingly when the worst happens. The new regional CMCs are in Los Angeles. Tokyo, Sydney and London. They
        371 words
      • Article
        Lock icon US airlines still weighed down by low fares
        587 46 Industry lagging behind rest of the country AP NEW YORK While improved economic vital signs are leading to higher prices in the US. the nation's biggest airlines are losing money with ev-er-lower fares. The worst winter in many memories, an onslaught of
        AP  -  587 words
      • Article
        Bangkok forecasts growth in air cargo
        223 46 BANGKOK Export cargo volume through Don Muang Airport will increase by at least 18 per cent as more factories come onstream in Thailand's industrial estates and imports cargo rise by 15 per cent, according to projections by the Airline Cargo Panel Thailand (ACP). Kachornsak
        223 words
      • Article
        Lock icon US report slams aircraft repair practices
        281 46 NYT WASHINGTON The US Department of Transportation's inspector general on Tuesday reported widespread use of aircraft parts of "unknown design, quality and origin" by aircraft repair shops approved by the Federal Aviation Administration (FAA). Inspector-general Mary Schiavo also found that the repair shops were
        NYT  -  281 words
      • Article, Illustration
        Lock icon Towering inferno
        50 46 AFP ZURICH A resident runs away just as a tank car, laden with oil products, explodes behind him at a railway station on Monday after a freight train derailed. The derailment caused several explosions and a huge blaze which spread to nearby homes. Three people were injured. AFP
        AFP  -  50 words
      • LOG BOOK
        • Article
          Lock icon Orient Overseas to buy 6 ships
          89 46 Bloomberg Business News HONGKONG Hongkong shipping group Orient Overseas International Ltd is expected to order six container vessels for a total of USSS(K) million (***** million) from Japanese or South Korea shipyards, the South China Morning Post reported. Each ship could carry as many
          Bloomberg Business News  -  89 words
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          Lock icon Delta set for pact with Vietnam Air...
          111 46 Reuter ATLANTA Delta Air Lines Inc and Vietnam Airlines have signed a letter of intent for joint cooperation in marketing and services between the two carriers. Under the deal, the two would explore enhanced passenger and freight connections, computer reservation systems, cooperation in
          Reuter  -  111 words
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          Lock icon ... and completes Brazil Air deal
          69 46 and completes Brazil Air deal Reuter ATLANTA Delia Air Lines and Vang SA Viacao Aerea Rio-grandense Brazilian Airlines have signed a marketing agreement that will result in greater eooperation in areas of marketing and services. Under the terms, the two airlines will expand their cooperation commercially in areas of interlining
          Reuter  -  69 words
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          Lock icon DHL's 1993 turnover rose to US$ 3b
          107 46 Reuter PARIS DHL Worldwide Express increased 1993 turnover to USS3 billion (554.7 billion) from USS2.B billion in 1992. said DHL chairman Pat Lupo. Mr Lupo disclosed the figures in a preview statement. The two major shareholders in DHL Worldwide Express are Deutsche Lufthansa
          Reuter  -  107 words
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          Lock icon Fed Express rolls out powership system
          69 46 Reuter MEMPHIS Federal Express Corp said it started a nationwide rollout of its Powership 3 automated shipping and tracking system to be used for small and medium-sized businesses. The product will be offered to businesses which ship an average of three or more packages
          Reuter  -  69 words
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        Lock icon Air France expected to unveil rescue plan
        249 46 Bloomberg Business News PARIS Air France chairman Christian Blanc this week is expected to make public the details of a financial rescue plan that will include 2.100 job cuts in 1994 and could include similar cuts in the each of the two years
        Bloomberg Business News  -  249 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
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      23 27 LAW PAGE Every Thursday in Business Times Cruises catch on in Asia, Page 18 #SIA sets up 4 crisis management centres, Back Page
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      25 27 Lines and services represented Members of the Registry «f Accredited fcff/SSWi Shipping Agents, Singapore National Shipping Assedatien. fa advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      73 27 THE FAMOUS ■BEimm 224 1333 For more information please refer to Pg. 13 -mm jbS."' ■■£*•s'."■' 1 V ''i *~s k f Reliable 0 Efficient [|7I Experienced l|7l Professional Then engage one who is a member of the Singapore Freight Forwarders Association (SFFA). SFFA demands that all its members comply
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      415 28 1,1 mm. in iiijiiiiii ii inu.i.l TSKLME AGENCIES (S) PTE. LID. /mBhA rI 1 |7 vwnn Tel: 226-3363 JL JLUVH Fa 226-1972/3 XJBCfrr7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N 1 I EXPORTS TO HOHGKOB6. IWfIU. TMWM t lAPM "TWtt WtHLt" I wmm w m w i
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      1571 28 WWW to iw MPHTHUMmt mxi. cowta—» «nicn I JSSb Ba SZSK U an St li d* ho»i« cwc WT unco not no swm hhtu rwmiF stum* «bmt or rr sw amir* uiriu- boom ian CAItfOMW PICASUS 20 ***** 24 44 SI 7 4 541 VI 64 64 tt ran CAIIFO*NA
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      2756 29 H OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN. BHD. TEL: *****13 FAX: *****42 PETALING JAYA TEL 03-*****76 FAX 03-*****42 DOCUMENTATION TEL: *****55 <INWARD)/*****90 (OUTWARD) PENANG TEL *****4 FAX *****1 CFS TEL *****6 BOOKINGS TEL. *****80 *****81/ *****82 IPOH TEL *****3/4 FAX *****6 CFS (PSA F5) TEL:
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      1999 29 ■QBSH SAILINGS TO HONG KONG/TAIWAN/JAPAN/KOREA/CHINA MAERSK KOBE V.9406 ETA SIN 15TH MARCH 94 MATHILDE MAERSK V.9404 ETA SIN 15TH MARCH 94 Vessel Vo r ETA ETD Feedered o> S laufel 4 Lewort ETA ETA ETA DESTINATIONS This MATMILDE MAERS* ,9404 03 0800 NWS CPS -'4 03 2359 HPS jO H
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      1621 30 AQABA R DAM/ LI ALSO ACCEPTB4G FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE 9 MALAYSIA DRESDEN EXPRESS 15/309 12/3 21/3 2S/3 30/3 2/4 4/4 6/4 Pof Ke)ang penang KIRISHIMA 03/110 16/3 2/4 5/4 3/4 Pa»r Gudang LUDWIQSHAFEN EXP 12/310 19/3 28/3 4/4
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      659 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aH services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Bunga Peiangi V 2054 16/3 13/4 Ned Asia
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      1200 30 I NORASIA I IVSL/VOY^^^^^^^^St?^^AU^^BC^^VA^^uJs^^HAN^^Bß?^RO^^ANT^FE^| NORASIA SaiGA 9409 3 09/03 30/03 02/04 03/04 04/04 05/04 06/04 07/04 08/04 10/04 I NORASIA SHARIAH 9410 3 16/03 06/04 09/04 10/04 U/04 12/04 13/04 14/04 15/04 17/04 I NORASIA MUBARAK 9411 3 23/03 13/04 16/04 17/04 18/04 19/04 20/04 21/04 22/04 24/04 I NORASIA
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      1836 31 STRAITS SHIPPING PTE LTD 10 Hoc Chiang Road #11-01 KeppeJ Towers Singapore 020» Td; *****08 Fax: *****17 NEW GUINEA PACIFIC LINE ■""■■"•"■■■■■"■■■•■■■■■■■■■a™ jagdnp (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAILS mn lib 07-0# Mar MPt 10 Mar FCL, LCL COMTAMER AND MEAKBUtK SERVICE TO PAPUA NEW GUMEA STRMTS
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      3113 31 ■jLX SINGAPORE AGENT: MXtC 1 AfltQ IflPI*C P&O Containers (Singapore Agencies) Pte Ltd vAACW 111WX 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 w > Tel: 225 2233 Tetex RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number: **********0Z EXPORT IMPORT VESSEL VOV *««0 f«« Ml SOU ANT
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      8 31 COLOMBO WEEKLY L.C.L. SERVICE TEL: *****26 FAX: *****27
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      25 31 VCtKL ETA ETC DESTINATION NMUT TAO Wtm 10/03 HAVHONO SUSJgCT TO IWOUCEMgMTS VIETHONG SHIPPING PTE LTD TEL: 225 1511 FAX: 22S 0533 TLX: R*****1 VIETHK
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      656 32 i§A EKA JAYA AGENCIES \l||r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE F M*«NM*B TRAPS "-i- pacer JHANOPHQHE/PWECT I_*!U!AM WEE ii|o€26 72Z02W/S3SSM2 MANQJ 53M722 HO CHI MINH CITY HENRY HOE I_ 7275C»/5341»64 HEtVIN CHAN ?"WW *****22/*****53 TO MYANMAR/YANGON SEMI CONTAINER SERVICE M OCEANLINES VSL VOY YANGON S
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      Page 32 Advertisements Column 2
      2021 32 I 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FM VSL SIN ILUC HAUL SEA YW POX FDR *Sl SIN lII* HAUL SAV I*l INC HANJIN ELIZABETH 01 IE 113 ORECT 31/3 1/4 2,4 HANJIN ELIZABETH 01 IE 113 M AMLRICA 014E 14
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      1848 32 AU d -1H" |f«l SCP *SG HRC «G PUS OX Kl MI HO IU CHS B*L NYC im MM ROM IHP f#G PSD CMB PM SGP I I GRONIH W 044 1$ 16 1 21 J 21 1 25 1 It i 29 1 3# 1 11/1 M M 111
      1,848 words
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      2880 33 I II "OOCL HONOUR 30W ETA SGP 14/03/94 II I ri: IwVfcr II ETA RDM 30/03/94, FLX 01/04/94, BRE 03/04/94 II *m Connecting Oceanus Osaka 32W In Hkg 23/04/94 EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US GULF MIDWEST USEC CANADA VESSEL VOY SGP LOS OAK VAN SIT
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      Page 33 Advertisements Column 2
      1118 33 a MULTILINE SHIPPING PTE LTD ■V (3 member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 .r BOOKINGS: *****64, *****51, *****31. *****13 Z X BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 Jfrv ,4k BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY:
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      1596 34 AS AGENTS "K" LINE (SINGAPORE) PTE LTD (CM No: **********0 M) TEL *****77 TELEX KAWAKt R*****5 FAX 7 8 9 T T lfcX MALAYSIA LINE MARITIME (MALAYSIA) SON SHO M M TEL: SA *****00 PK *****75 PEN *****0 JB 236'0i PGU 5^8625/6 1 INDONESIA P.T. SARANA LAUTINTERNUSA, TEL JKT *****08
      1,596 words
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      Page 34 Advertisements Column 2
      805 34 ®A PPEN S H I P /9\ HAMBIKG \T\J CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE LOADING FOR UNISON HAM 31/01 ANT 05/02 SPORE 12/03 BKK LAEM INZHENER PARKHONYUK KLP 09'02 TGN 21 02 TRT 02 03 SPORE 24/03. HUANGPU XINGANG
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      389 34 GOLDEN LINE KG&V guan WAN shipping VFnJ<\ (PTE) LTD 23. I(W htf Street SflGAPOtt 0104 m 53*39*1 (10 IKS) Fu $*****4 Id) No 1012»SSOOOO«) BTWAIT6/PER6IAN GULF SERVICE t S pcre P HHang P»nane GOIDIN KM »jijt' CjtUi 14 IS Ma TRMX G*«a *arac* p.jt» 70 22 Mar CHINA SERVICE GOIOIN
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      937 35 (PACIFIC INTERNATIONAL LINES (PTE) LTD I SSSS 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I I mm cr no ick)8067ooooe I VESSEL VOY SIN CMB JIB JED AQJ ADE MOD PZU ASA KOTA WIRAWAN WRNO39 19/3 20/3 M/ 3 29/3 1/4 30/3 1/4 3/4 9/4 KOTA BERLIAN BRLOO3 25/3
      937 words
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      1205 35 VtSStIS VOY SM HAMBURG ROTTtRDAM ANTWERP THAMES II HARVE WLH PAQURA 7532W II 03 03/04 OVO4 06 04 07 04 01 04 VIIIE D HYDRA 9232H 16 03 0«'04 10/04 1104 12 04 13 04 VTUt H ITU* 7732W 26 03 H/04 20 04 21,04 22 04 23 04 VKLE
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      Page 35 Advertisements Column 3
      436 35 BSflx mm MYANMA pAWk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PAGAN V2O7W In Pott Sated MPA-AN V2OOW 15/17 Mar PAGAN V2OBW 29/31 Mar MALAYSIA AGENTS BOUSTEAD SHIPPING AGENCIES All HI 03-*****00 PHI TEL 03 *****67 PEN TEL 04 *****5 PGD TEL 07-*****1
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      1092 38 +.<@^~;:{}].,%<%<%_|"<\}("|:$(_ i*v I NORBULK CARGO SERVICES LTD. 1 I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES MUGRO 20/3 25/3 ROT/MIT/UK I ISP PK LOMNN6 FOR I NORBULK TBN 20/3 DBN/CT/EL I ALSO LOADS TG MAIi AND KK I PK SWK/SABAH LOADING FOR NORBULK NAMK 15/3 XIAMEN/SHANGHAI SUBJECT TO CHANGE
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      Page 38 Advertisements Column 2
      168 38 TO AUSTRALIA/NEW ZEALAND yy la htm IM Srd fc** Chita •ntnukn iTSM ioTi I m* n/* n fiLCN HUDK m is/* 22/« W »/s BMRStI H7 S/5 11/s u/i S/S B/i M/ 5 MMTHA I 1?| N/J 1/t >*/« ls «U *UCHIWB TO USA/CANADA «i S«i GuHpan Ch*t««ton H«if« mimwii
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      670 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 13/3 ROTTERDAM 13/3 AARHUS/COPENHAGEN 15/3 HAMBURG/BREMEN 13/3 i MARSEILLE/FRANCE 14/3 FELIXSTOWE/UK. 13/3 BARCELONA/SPAIN 14/3 LEHAVRE/FRANCE 14/3 GENOA/ITALY 14/3 ANTWERP/BELGIUM 13/3 LOS ANGELES/WC/IPI 13/3 SYDNEY/MELBOURNE 14/3 NEW YORK/EC 13/3 FREMANTLE/ADELAIDE 12/3 VANCOUVER W3 BRISBANE
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      Page 39 Advertisements Column 2
      545 39 I 1 V rami BAY OF BENGAL SERVICES VISSU VOY MM SM THI ISAM) m 14 15 01 20 ?«/03 30 03 inn BROS 217* 17 11/03 23 03 02 03/04 IKCR SlttD 2UN 20 21 03 2« 31/03 OS 06 04 HSR BAT 100 M 23 24 0 3
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      705 39 Guaranteed Sailings to: BANGKOK *LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS pi DONGNAMA LINE CONTJMNEWEP BERVICE STWAITS/BLW/MC/DSN VESSEL SPG PNG BIN PK BSN DC SARONC IRADER V4O3N 17/3 H/J 70 3 22/] 1/4
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      1828 40 ILtfIMN CONTAINER LINES, INC fzNr/Vvl Agents: MAC-NELS SPORE: *****22 (24 LINES) (PANAMA) LJ\/ 'c/R No: 1200S7S0000E SIBU (084) *****9 KUCHING (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOft/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK
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      217 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD (M UA El* SKMf Pan ML UK PtNANG {HUE IAM m Ft Icadw Mil* RUVM HUOHU >0 J jrJ LjjAh fw Bvmbdf DaPHN W j LojdtfV Fof M.ilnow* sumw u j Lo*hv foe M UMMUDH Sj*-1 lojdiiy fot UJ* PftOGMSS LHRIT 18
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      1143 40 O THONG SOON LINES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I V/ TEL: 227-5088 FAX: 227-6011 I I JL— TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY SPORE PEST VESSEL IvOY I SPOKE IptST EQUATOR JADE 105 4E
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      18 43 xUr, nv* TICTECHTOE To avoid stalemates, try some fresh strategies. Innovation Technology. Every Thursday. SINGAPORE Business Times WEKMJWASiA
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      52 43 r FACTORY I "S f I CAFETERIA I Maybe got chance,-this I 11 assistant; Supervisee job. Any Job. any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU Singapore
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      479 44 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANIA VIGOUR PACFIC 941 IN 11/03 (FRI) 19/03 (SAT) VIGOUR PACffIC 941 lAN 14/03 (MOW) 19/03 (SAT) 10AWN6 EVERT PENANG JAYA 9402N 18/03 (FRI) 26/03 (SAT) FRDAY M MONDAY PENANG JAYA 9402 AN 21/03 (MON) 26/03 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE
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      Page 44 Advertisements Column 2
      382 44 PT BAHARI HALUAN SAMUDERA Weekly COMMON FEEDER SERVICE VESSEL VOY swwoat POUT KEIANG BELAWMI /k TAMBANG VIII 101b 14 15 03 16 17 03 18 19 03 TAM6ANG Vl# 1016 21 22 03 23 24 03 25 26 03 UKC CONVENTIONAL SERVICE 2) IAKAftTA PAfUANG lAKAftTA SEMARANG SURABAYA SIMARANG lAKAMA
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      21 44 f STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. BusinessEmes mmmrngm
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  • Page 44 Miscellaneous
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      Page 44 Miscellaneous Column 1
      693 44 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 ft 2.3 20 16 1.3 1.1 1.1 1.2 1.5 20 2.5 2.8 28 2.6 2.1 1.6 1.1 0.7 0.5 0.5
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      928 45 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 |nw* |PKE* PCD* VESSELS HOT I SH I HTM MT* LPT HAM BUEj FEL 02/03 04/03 05/03 SI MANNER 309W 14/03 01/04 02/04 04/04 02/04 02/04 05/04 09/03 11/03 12/03 H. MNOVATOR 304W 21/03 08/04 09/04 11/04 09/04
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      Page 45 Advertisements Column 2
      463 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS KSttl 1(1 V H RK U turn »t fit n NUUKt Ml Ml su ■rr mi BMBYI m lt/1 11/3 ctsac Litau vti n/i cesac pwui ns n/j CMKCUUUU VII 22/3 21/3 OUTBOUND VESSELS LOAPm€ FOR SEN/MM SEKI NAGOYA
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      Page 45 Advertisements Column 3
      1021 45 VESSEL DOT SW ETA/P LAX OAK CW DAL MEM/COL HOU NYC MR ALLIGATOR TRRMPH 53* 17-11/03 03/04 05/04 06/04 07/04 07/04 Ot/04 01/04 09/04 MACKMAC BRBGE 75A 24-Z5/03 10/04 12/04 13/04 14/04 14/04 15/04 15/04 lt/04 ALLIGATOR GLORY 69A 31/03-01/04 17/04 19/04 20/04 "zI/M TT/04 H/04 22/04 23/04 GEORGE WASHNGTQN
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      95 46 _+;?(/=,)/':"([-/\=:&](?:<<}+.' FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE Rate Restoration Jeddah Trade Member Lines of the Jeddah Trade have concluded that despite some recent stabilisation, rates remain at very depressed levels. As a first step of bringing rates closer to compensatory levels it has been agreed that a
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      1 46 ADYK7I-3MO
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