The Business Times, 8 April 1994

Microfilm: NL19091
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    14 1 Business Times WE KNOW ASIA M ITA(P) 010/12/93 Friday April 8 1994 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon US rate rise limited iff growth is at 3pc
      80 1 Reuter MADRID US interest rates should not rise much further, providing the economy grows at around 3 per cent. World Bank chairman Lewis Preston yesterday said growth rates of around 6-7 per cent would probably mean significant rate increases. "If the
      Reuter  -  80 words
    • Article
      Lock icon US economy in good shape: Brown
      51 1 Reuter LOS ANGELES US Commerce Secretary Ron Brown says inflation is under control and the economy is in good shape despite a recent rise in interest rates. "Inflation is not a factor. It's very much under control," Mr Brown said at a press conference
      Reuter  -  51 words
  • Article
    MARKET SUMMARY
    157 1 Stock market indices Thursday Change ST1I 2,106.53 -9.04 KLSEComp 966.18 +1.67 Nikkei 19,890.98 +194.24 Hang Seng 9,285.92 +51.61 SET Index 1,224.74 +22.79 Jakarta Comp 467.978 -6 CLSA China B ....1,011.31 -0.89 AustAUOrd 2,077.8 +3.3 FTSE 100 3,129.0 -2.5 Thursday Previous 2pm close Dow Jones 3,670.80 3,679.73 Average of
    157 words
  • Article
    Salim group not involved in SEAL deal, says director
    167 1 SINGAPORE Indonesia's Salim group is not involved in the M 5345 million reverse takeover of Malaysian timber company SEAL Inc Bhd. Responding to yesterday's report in BT, the Salim group's senior executive director Johannes Kotjo said the takeover would involve Energy
    167 words
  • Article, Illustration
    Malaysia to form new govt investment corporation
    525 1  -  From Leslie Lopez in KUALA LUMPUR THE Malaysian government is to set up a new state corporation. fashioned along the lines of the Government of Singapore Investment Corporation (GIC), to obtain better returns from its wealth of national assets. Senior government officials familiar
    525 words
  • Article
    Regional markets mark time and look to Wall St for lead
    318 1  -  By Paul Leo SINGAPORE Regional stock markets were little changed yesterday as investors waited for directions from Wall Street. In Singapore, the Straits Times Industrials Index fell 9.04 points to 2,106.53 on light profit-taking. A broker said investors were
    318 words
  • Article
    Lock icon Dow down 9.79 at midday
    153 1 Reuter NEW YORK Wall Street stocks were mixed at mid-session yesterday as the market paused to catch its breath after two days of recovery from two weeks of constant selling. At Ipm EDT. the Dow Jones Industrial Average was off 9.79 points at 3,669.94. In
    Reuter  -  153 words
  • Article
    Asian managers' pay rank among world's highest
    470 1  -  By Chuang Peck Ming SINGAPORE Management salaries in Asia now rank among the world's highest, with those in the region's more developed parts even having overtaken London and Sydney. Senior and middle managers in Tokyo, in fact, top the world's pay list, says
    470 words
  • Article
    Remisiers lose millions to rubber-cheque clients
    460 1  -  By Conrad Raj SINGAPORE The police are investigating a scam by so-called investors who have been ripping off millions of dollars from remisiers and dealers by giving them cheques that bounce. And as a result of the scam, the Stock Exchange of Singapore is
    460 words
  • Article
    Osprey Maritime to launch public offer of 40m shares today
    402 1  -  By Rahita Elias SINGAPORE Singaporebased shipowner Osprey Maritime is launching its initial public offer of 40 million shares today. Details of the group's proposed main board listing were not disclosed in a company statement yesterday. But Business Times understands that
    402 words
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      Page 1 Advertisements Column 1
      217 1 lasITSNIUI I COMPUTER PRINTER I RIBBON MANUFACTURER I CONTENTS £SSVii» Regional News 3.4.6 Financial 20.21 World News 8 r-.i Markets Analysis 15 Clob/KLSE. S£S 24 26 Editorial 14 Regional 22 Spoits 5 World 23 IV/lifestyle 11 Currencies 20 Advertising 12.13 Sunei/Commo 20,21 SukKriytiM Tel 1800 *****77 Fa. *****/5 BT Editorial
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      7 1 Advertising: Pg 12 Disney goes to Myanmar
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      29 1 Hock Lock Siew: Pg 17 The Fels-Smedvig ties that bind May bank \ID tipped to be Bank Negara chief. Page 20 Greenspan baffled by poor consumer confidence, Page 16
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      Page 1 Advertisements Column 4
      17 1 The Bottom Line: /y Power generation: venture Full reports. Pages 22-26 Japan's interbank rate down. Page 20
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      Page 1 Advertisements Column 5
      28 1 Tel: 250 8070 Fax: 250 8471 Buyers snap up four $3m Goodman Road bungalows, Page 2 HUBLOT Hublot a Sensational Feeling on Your Wrist. s V MDM GENEVE
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Big jump in home resale ads
        289 2  -  By Abdul Hadhi ADVERTISEMENTS for resale residential properties in The Straits rimes Classifieds section totalled 54.128 last month 68% more than the same month last year and up 79% from February this year. The biggest year-on-year increase was in ads for HDB/HUDC apartments. The
        Source: ST Classified Ads  -  289 words
    • Article
      Asians prefer arbitration to courts: expert
      310 2 ALTERNATIVE methods of dispute settlement such as arbitration are "well-suited to local mores", an arbitration expert said yesterday. "Asians in general do not like the adversarial method of dispute resolution" which the courts adopt, said Professor Vincent Powell-Smith in his opening address at an
      310 words
    • Article, Illustration
      Buyers snap up four $3m Goodman Road bungalows
      362 2  -  By Sylvia Wong THE property fever continues to rage, going by the reception to the sale of four bungalows last weekend. More than 250 families turned up to view the four houses at Goodman Road. off Old Airport Koad, which were offered
      362 words
    • Article
      Bids for prime Upper Changi Rd site all rejected
      408 2  -  By A J Leow ALL bids for the private tender of a 1.28 million sq ft land parcel in Upper Changi Road owned by the family of Cockpit Hotel's Teo Lay Swee have been rejected. Although it is not known how
      408 words
    • Article
      Singapore now one of top foreign investors in NZ
      367 2  -  By Chuang Peck Ming MAJOR business takeovers by Singapore companies in New Zealand jumped from seven in 1992 to 17 last year, putting the Republic among the ranks of the most aggressive foreign acquirers in the country's corporate scene. The figure
      367 words
    • Article
      One in five people in S'pore owns a pager
      190 2 ONE in five persons in Singapore now carries a pager, giving the republic one of the highest market penetration rates for pagers in Asia. The latest issue of Vista, a monthly magazine by the Telecommunication Authority of Singapore, says pager ownership
      190 words
    • Article
      PT Surveyor opens $2m office-warehouse today
      177 2 PT SURVEYOR Indonesia (Singapore) is officially opening its $2 million office and warehouse today. The facility will house the company's new computer system and storage facilities for pre-shipment inspection of exports to Indonesia. The company was established by the Indonesian government to conduct customs
      177 words
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      Page 2 Advertisements Column 1
      417 2 ADVERTISEMENT FOR SALE UIU PANDAN I OF SITES FOR HEAVY SEWAGE TREATMENT PLANT jk VEHICLE PARK fid jU SUES FOR HEAVY VEHICLE PARK S,TE 1 s er n 9 sev© n parcels of land by public auction on a 15-year U lease at Old Toh Tuck Road (2 parcels), Kaki
      417 words
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  • SOUTH-EAST ASIA
    • Article
      Consider depositary receipts for overseas listings: Bapepam
      422 3  -  From Maggie Ford in JAKARTA INDONESIAN companies wanting to list shares on overseas markets should consider issuing depositary receipts rather than direct public offerings, Mr Bacelius Ruru, chairman of Bapepam, the Jakarta stock market regulatory agency, said yesterday. Speaking at a conference on
      422 words
    • Article, Illustration
      Lock icon Thai-Lao Mekong bridge opens today
      326 3 Reuter NONG KHAI, Thailand The first international bridge over the Mekong river opens today between Thailand and Laos, bringing the vision of an Asian super-highway from Singapore to China closer to reality. Thai King Bhumibol Adulyadej will cut the ribbon on the Australian-financed bridge spanning
      Reuter  -  326 words
    • ASIA NOTES
      • Article
        Lock icon Indonesia, Britain sign £80m loan
        98 3 Reuter JAKARTA Indonesia and Britain yesterday signed an £80 million (SslB6 million) concessional loan agreement to be used for projects agreed by the two governments. The British embassy here said the loan, to be repaid over 25 years at 3.34 per cent interest with an
        Reuter  -  98 words
      • Article
        Lock icon 15,000 jobs created by Proton
        128 3 Bernama SHAH ALAM The national car industry has created about 15,000 jobs since Perusahaan Otomobil Nasional (Proton) started operating in 1985, Proton chairman Jamil Mohamed Jan said yesterday. The jobs were in the car manufacturing and component goods sectors, and in distribution and after-sales service,
        Bernama  -  128 words
      • Article
        Lock icon Japan plans optical fibre network
        68 3 BernamaKyodo TOKYO The Japanese Construction Ministry plans to construct trenches for setting a nationwide optical fibre network along the nation's 420,000 km of roads, ministry officials said. The construction will be in line with the government's information infrastructure project launched by the Posts and Telecommunications
        Bernama- Kyodo  -  68 words
    • Article
      Lock icon Jakarta hires Kroll's detectives to solve bank scandal
      233 3 Reuter JAKARTA Indonesia has hired American detectives Kroll Associates Inc to track down and safeguard assets of a company involved in a widening state-run-bank scandal. The official Antara news agency yesterday said Finance Minister Mar'ie Muhammad had confirmed reports that the New
      Reuter  -  233 words
    • Article
      Lock icon Philippines, South Korea sign investment agreement
      233 3 AFP MANILA The Philippines and South Korea signed yesterday an investment guarantee agreement aimed at encouraging small and medium-sized Korean companies to relocate here. The agreement protects investments from expropriation and establishes a mechanism for settling commercial disputes and remitting investment or income. Philippine
      AFP  -  233 words
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      122 3 -3% °^7O 7 v i f "--rjiT* rgftftTiYf it >»?•* Ui> The ever present (iold aid is a common mam lest I lull 11 s Ire I 11 isi l» >< >k i iil; aI il lei a lone driving; il. Willi Ii e doors owner Ims arrived. The tiol
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  • CHINA/HONGKONG/TAIWAN
    • Article
      China's securities law held up by disagreement
      412 4  -  By Schutz Lee SINGAPORE Chinas National Securities Law. which was to have been passed in March, was stalled as a result of six areas of disagreement among China's securities bodies involved in drafting the law. It is now likely to be enacted some
      412 words
    • Article
      Fujian issues new rule to halt rip-offs by foreign investors
      260 4 SINGAPORE Fujian province in south China has acted on a central government initiative earlier this week by issuing its set of provisional regulations to prevent foreign investors cheating their Chinese partners. Xinhua news agency yesterday reported Fujian now requires contracts
      260 words
    • Article, Illustration
      Lock icon To delink human rights from trade Beijing must do more: US official
      340 4 Bloomberg Business News Reuter HONGKONG China needs to show more human rights progress before the US can achieve its goal of delinking the issue from bilateral trade relations, a senior State Department official said yesterday. "We certainly do
      Bloomberg Business News; Reuter  -  340 words
    • Article
      Lock icon Li Peng shows he's in charge with visit to central Asia
      219 4 Reuter BEIJING In a sign of his full political and physical recovery, China's Prime Minister will this month visit four central Asian countries and Mongolia one year after a heart attack prevented him from making the same trip. Li
      Reuter  -  219 words
    • CHINA WATCH
      • Article
        Lock icon Shanghai to tap offshore gas fields
        110 4 AFP BEIJING Shanghai is to tap gas fields in the East China Sea in a bid to improve the environment by scaling back the city's reliance on coal for heating and cooking, the China Daily said on Monday. The project is forecast to provide
        AFP  -  110 words
      • Article
        Lock icon Taiwan's CPI up 3.39 per cent
        69 4 Bloomberg Business News TAIPEI Taiwan's consumer price index rose 3.39 per cent on the year in March, the government said yesterday. Higher prices for entertainment, food and housing accounted for much of the gain, said the Directorate General of Budget. Accounting and Statistics, a
        Bloomberg Business News  -  69 words
      • Article
        Lock icon Call for sanctions on Taipei
        82 4 Reuter NEW YORK An inter-agency committee has recommended to President Bill Clinton that he impose trade sanctions on Taiwan for illegal trafficking in rhinoceros horns and tiger bones. The New York Times yesterday reported that the committee also recommended that Mr Clinton gave up for
        Reuter  -  82 words
      • Article
        Lock icon China to join Asia-Pac trade accord
        140 4 AFP NEW DELHI China is becoming the seventh member of an Asia-Pacific preferential trading arrangement. The announcement was made on Wednesday at the 50th session of the Economic and Social Commission for Asia and the Pacific (Escap) by Chinese delegate Liu Huaqiu. China decided
        AFP  -  140 words
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      180 4 hh El r ..~tHiMSBEMHW^^B^^^M| JF* '■■3fTßi< ■.«2ra3flHH9Bßion^^Pr IfIHHHerafIHHBSsSSSHMBMHHHNR residential resort fIHBHESIHIHHBiHHHHIIHIIi Golden investment! 2 win. to Robina Woods Golf Course: H tti I win. to Bond University: BJ venue THE PAN PACIFIC HOTlt Golden return! 3 min. to tH, beautiful Miami Beach H SIMEX ROOM r/,«»o a«/l Mermaid Beach: N
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      199 5 s Af sUl'■ i I The new Bugis Junction. Singapore's latest retail development will also be its most of the largest superstore operators in Japan. And with the Bugis MRT Station situated spectacular. One of the most stunning features of the development will be a shopping directly underneath the development,
      199 words
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  • REST OF ASIA
    • Article
      Lock icon S Korean companies gear up to be financial giants
      541 6 Plan likely to be implemented after 2-3 years of consultations Reuter SEOUL South Korean companies are gearing up to take advantage of a government plan to create financial conglomerates. Although details of the plan have yet to be unveiled, government officials
      Reuter  -  541 words
    • Article
      Lock icon Seoul cuts tax to attract foreigners
      162 6 AFP SEOUL South Korea will scrap a controversial tax on excessive retained earnings of unlisted firms here to attract more foreign investment. Finance Minister Hong Jae Hyong said yesterday. "Taxes on excessive retained earnings of unlisted companies will no longer be levied, provided that
      AFP  -  162 words
    • Article, Illustration
      Lock icon Keating wants to expand trade with Thailand
      518 6 More economic cooperation needed, he tells businessmen during three-nation trip Reuter BANGKOK Australian Prime Minister Paul Keating said yesterday that his country and Thailand had taken each other "too much for granted" and must do more to eliminate trade barriers so economic cooperation
      Reuter  -  518 words
    • Article
      Lock icon Modest rise in Aussie jobless rate points to steadier economic growth
      433 6 Reuter. AFP CANBERRA Australian jobs data released yesterday show a modest rise in employment for March and confirm economic growth has settled somewhat after its jump late in 1993, economists said. Seasonally adjusted employment grew 7,100 to 7.827 million
      Reuter.; AFP  -  433 words
    • Article
      Lock icon Sri Lanka govt to maintain child welfare grants after key election loss
      271 6 Reuter COLOMBO The Sri Lankan government, shaken after losing a key regional election last month, has rejected phasing out welfare grants of free school uniforms and midday meals for children, officials said yesterday. "We will continue these welfare
      Reuter  -  271 words
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      519 6 I BRAND NEW TOWNHOUSES ON FREEHOLD LAND I I 23km from Brisbane City 6 near Univarsltiaa. H I 2 minutas to Blrkdala Railway Station. H I All houses constructed at Kanslngton Qraan ara built to tha I I hlghaat standard of finish undsr tha projact mansgamant of Falconar I I
      519 words
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      256 7 --C 33 I m m m m Specifications may differ on models sold. In conjunction with the grand opening of the You'll have the performance of a multi-valve new Performance Centre, Performance Motors 6-cylinder engine incorporating 'Vanos' (variable would like to extend an exclusive offer on the cam control). Together
      256 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon PLO pact just days away: Israel
        77 8 Reuter PARIS Israeli Finance Minister Abraham Shohat said yesterday an agreement on economic relations between Israel and self-governing Palestinian territories could be reached within days. "I have a feeling from speaking to (PLO delegation leader) Abu Ala that the Palestinians want to reach an
        Reuter  -  77 words
      • Article
        Lock icon Rutskoi movement to hold congress
        87 8 AFP MOSCOW The opposition movement Accord for Russia, led by President Boris Yeltsin's main rival Alexander Rutskoi, will hold its founding congress on May 19, spokesman Vassily Lipitsky said yesterday. Mr Lipitsky, quoted by Interfax, said Mr Rutskoi and former chief justice of the constitutional
        AFP  -  87 words
      • Article
        Lock icon Hungary bans foreigners buying farms
        88 8 Reuter BUDAPEST Hungary's parliament has adopted a bill that limits Hungarians' ownership of arable land to 300 ha and bans foreigners from buying farmland. The bill, which seeks to prevent widespread land sales at a time when farmers face an economic crisis, also limits land
        Reuter  -  88 words
      • Article
        Lock icon Austria names EU referendum date
        128 8 Reuter VIENNA Austria will hold a referendum over joining the European Union on June 12, a spokesman for the national parliament said yesterday. Parliament speaker Heinz Fischer has agreed on a timetable with the government to enable the passage of the necessary EU legislation in
        Reuter  -  128 words
      • Article
        Lock icon Norway engineers threaten strike
        62 8 Reuter OSLO About 35,000 Norwegian engineering workers are threatening to go on indefinite strike from Monday in a dispute over pay and conditions, unions and employers said. The employers 1 Federation of Norwegian Engineering Industries and the Norwegian United Federation of Trade Unions were to meet
        Reuter  -  62 words
    • Article
      Lock icon France singles out Japan as most serious trade threat
      462 8 Reuter PARIS The French government targeted Japan as the country's most dangerous trade "threat" on Wednesday and said Tokyo had an abnormally large trade surplus. "The most serious threat for us is not the level of Korean or Thai salaries," European
      Reuter  -  462 words
    • Article
      Lock icon Rising factory output points to UK recovery
      358 8 Reuter LONDON Rising British industrial output in February showed that the economy was in good shape ahead of personal tax increases in April, economists said yesterday. The Central Statistical Office reported that industrial production rose by a seasonally adjusted 0.8 per cent in
      Reuter  -  358 words
    • Article
      Lock icon SEC's rules on political donations draw flak
      457 8 AP WASHINGTON The Securities and Exchange Commission has approved regulations that would bar municipal bond firms from making political contributions, prompting protests from state and local officials who contend the new rules improperly interfere in the political process and violate the rights of
      AP  -  457 words
    • Article
      Lock icon Rwanda, Burundi presidents die as rocket blasts plane
      273 8 Reuter KIGALI The presidents of both Rwanda and neighbouring Burundi were assassinated in a rocket attack that set their plane ablaze as it approached Kigali airport, Rwandan officials said. Diplomats said the killing of both heads of state threw Rwanda and Burundi,
      Reuter  -  273 words
    • Article, Illustration
      Lock icon Lest we forget the pain
      56 8 Renter BET ZAIT, Israel Dressed in the national colours of blue and white, these children in an elementary school outside Jerusalem observed yesterday a moment of silence to mark Holocaust Day in remembrance of some six million Jews who died at the hands of the
      Renter  -  56 words
    • Article
      Lock icon S African troops enter Zulu heartland in show of might
      336 8 Reuter ESHOWE. South Africa Hundreds of troops in armoured vehicles rumbled into strife-torn KwaZulu-Natal yesterday to bolster a state of emergency in the Zulu heartland less than three weeks before South Africa's first all-race polls. A convoy of mechanised and
      Reuter  -  336 words
    • Article
      Lock icon Canada can still meet budget deficits: analysts
      274 8 Reuter OTTAWA Canada's federal government can still manage to cut its deficit to under Cs4o billion (Ss4s billion) this year if interest rates retreat and economic growth picks up. Financial analysts yesterday said the volatility that dragged the Canadian dollar to an eight-year
      Reuter  -  274 words
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      323 8 l™™™ i ISSUES PROBLEMS IN USING (APPLYING) UCP 500. (A review of the changes introduced by UCP 500 with particular emphasis upon issues not resolved or raised by UCP 500 problems encountered in applying the revision) A PRESENTATION BY f PROFESSOR JAMES E. BRYNE Editor-in-Chief of Letters of Credit Update
      323 words
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      Page 8 Advertisements Column 2
      75 8 Let's meet at The 7th Propak Asia in World Trade Centre, Singapore (12-15 April, 1994) MALTOL ETHYL MALTOL Competitive Price and Good Service Quality standard: F.C.C. of U.S.A. Package: cardborad drum, compound tin Annual output: total 60 ton (25kg/drum, 500x24tin/box) Delivery period: 15-30 days VANILLA FLAVOURS DHA/EPA GINKGO BILOBA EXTRACT
      75 words
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  • SPORTS
    • Article, Illustration
      Lock icon Will this be Norman's year?
      881 9 US Masters NYT AUGUSTA, Georgia It's springtime, and the Masters started yesterday, so as usual the questions are as plentiful as azaleas. Can Greg Norman finally conquer the demons and win the tournament that is tai-lor-made for his game? Can the foreign dominance, which has
      NYT; Reuter  -  881 words
    • Article, Illustration
      Lock icon The warm-up before the real battle hots up
      40 9 Reuter Jack Nicklaus (left) shaking hands with Fuhon Allen (centre) and Arnold Palmer after finishing play in the annual par-3 tournament, a warm-up for players before the start of the Masters. Reuter
      Reuter  -  40 words
    • PUTTING SHOTS
      • Article
        Tradition against Vijay Singh winning
        52 9 TRADITION SAYS Vijay Singh of Fiji can forget any hopes of capturing the Masters championship on Sunday. Singh won the Par-3 tournament on Wednesday at 5-under 22. The winner of the preliminary event to the season's first major championship has never gone on to win
        52 words
      • Article
        Weather forecast
        37 9 OVERNIGHT SHOWERS and thunderstorms were expected in the Augusta area prior to the start of yesterday's opening round. The rain was expected to end before the first scheduled tee time of 8.30 am local time.
        37 words
      • Article
        Longer hole
        78 9 FOR THE LAST several years, the par-5 13th, one of the key holes on the Augusta National Golf Club's back nine, has been listed as 418 m long. But when the entire course was remeasured during the past year, it was determined the hole was actually 437 m
        78 words
      • Article
        Veteran winners
        93 9 ONE WAY TO DEMONSTRATE how much there has been a European domination of the Masters during the last decade is to point out there is only one former American Masters champion present in Augusta this week who is less than 40 years old. That would be Larry Mize,
        93 words
      • Article
        Fortunate amateurs
        62 9 ONE OF THE MANY TRADITIONS at the Masters is to have the amateurs in the field play with former champions during the first round. And the defending US amateur champion, who this year is John Harris, is always paired with the defending Masters titleholder, Bernhard Langer. British amateur
        62 words
    • Article
      Lock icon Facts and figures
      150 9 AP What: 58th Masters golf championship. Site: Augusta National Golf Club. 6.235 m. par 72. Dates: April 7-10. Format: 72 holes (18 daily) stroke play. Cut: After 36 holes, field will be cut to the low 44 scorers and all tied for 44th place. Play-off (if necessary):
      AP  -  150 words
    • Article
      Lock icon Americans bemoan lack of US stars
      403 9 AFP AUGUSTA, Georgia While American fans pine for a home victory in the quintessential US golf championship, most of the Masters contenders say nationality doesn't enter into it. "Who cares, as long as you see good golf," said American veteran Fuzzy Zoeller, who won
      AFP  -  403 words
    • Article
      Lock icon The wild thing that's called a wild card
      819 9  -  Ira Berkow rues the changes to one of America's most traditional sport baseball Ira Berkow NYT NEW YORK The pennant race the supposed purity, sanctity, ennobling essence of two or three teams battling and perspiring for what used to be called the
      NYT  -  819 words
    • Article
      Lock icon Chang, Becker stay on course at Japan Open tournament
      604 9 AFP TOKYO Michael Chang and Boris Becker overcame swirling winds on the centre court to score a win each here yesterday, both staying on course for a possible semi-final encounter at the Japan Open tennis tournament. The Chinese-American, winner of five
      AFP  -  604 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        152 9 Reuter Reuter TOKYO Japan's lawmakers, idled by a four-week paralysis of parliament, took their differences to the baseball field and the opposition thrashed the ruling camp. About 40 legislators, ranging in age from 28 to 68. donned professional strip on Wednesday night and played a five-inning game at Tokyo
        Reuter  -  152 words
      • Article, Illustration
        Lock icon Basketball
        39 9 Reuter NEW YORK NBA Wednesday: Atlanta 111 Boston 107; Charlotte 129 Indiana 90; Philadelphia 115 Milwaukee 114: Washington 103 Miami 114: Minnesota 110 LA Clippers 100: Phoenix 107 San Antonio 95: LA Lakers 128 Sacramento 123 (OT). Reuter
        Reuter  -  39 words
      • Article, Illustration
        Golf
        113 9 SINGAPORE Raffles Country Club's Mardan Mamat shot his second successive 71 at Warren Golf Club yesterday to lead the Singapore Golf Association trials by nine strokes from Jurong CC's Mohd Said. The three-round trials are to select the national squad for the year's tournaments. Results: 142 Mardan Mamat 71-71
        113 words
      • Article, Illustration
        Lock icon Ice hockey
        35 9 Reuter NEW YORK NHL WednesdayHartford 3 NY Islanders 3 (OT): Montreal I Tampa Bay 3: Ottawa 6 Washington 5: Pittsburgh 3 New Jersey I: Winnipeg 3 Edmonton 4; Calgary 4 Anaheim 2. Reutcr
        Reuter  -  35 words
      • Article, Illustration
        Lock icon Soccer
        125 9 AP AP TUNIS, Tunisia African player of the year Reshedi Yckini scored the deciding penalty shot in addition to his fifth goal of the tournament as World Cup-bound Nigeria beat defending champion Ivory Coast 4-2 in a shoot-out in the semifinals of the African Nations Cup on Wednesday. The
        AP  -  125 words
      • Article, Illustration
        Lock icon Cricket
        56 9 AFP CAPE TOWN A third wicket stand of 123 in 112 minutes bc- tween Mark Taylor and Mark Waugh guided Australia to a 36 run over South Africa in the seventh one-day international here on Wednesday. The victory left the series at 4-3 for South Africa going into tomorrow's
        AFP  -  56 words
      • Article, Illustration
        Lock icon Tennis
        137 9 AFP AP TOKYO million Japan Open 3rd rd yesterday Men: Michael Chang (US) b Chuck Adams (US) 6-1 6-3: Boris Becker (Ger) b Kenneth Carlsen (Den) 6-4 7-5: David Wheaton (US) b Jonathan Stark (US) 6-2 6-7 6-3: Patrick Rafter (Aust) b Patrick McEnroe (US) 6-3 6-1: Ivan Lendl
        AFP; AP  -  137 words
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      Page 10 Advertisements Column 1
      1299 10 NuUkingßeatsAßucL Brffi'ifl where to wi«, dine «nd 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 PTE LTD BLK
      1,299 words
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  • LIFESTYLE
    • Article, Illustration
      Superb, subtle, sidesplitting
      704 11  -  Claire Leow enjoyed the trilogy of short plays staged by Goefs Mu Lan Theatre of London Claire Leow FIRST the bad news. Tickets to The Magic Fundoshi, directed by Stephen Knight and local-boy-made-good, Glen Goei, are all sold out. Now, let's get on with the meat. Those
      704 words
    • Article, Illustration
      Lock icon Close call for Christensen
      611 11 CHATTERBOX" UPI AP UPI AP AP UPI Reuter SUPERMODEL Helena Christensen believes she may have been stalked by the notorious backpacker killer while travelling in Australia, a magazine reported on Wednesday. Christensen backpacked around Australia when she was 18. fears she may have become a victim
      UPI; AP; Reuter  -  611 words
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      Page 11 Advertisements Column 1
      193 11 Local High Tea a twist to an aristocratic tradition. A hearty spread of local favourites like, mee siam, soon kueh, chui kueh, nonya kueh kuehs, putu mayam, soya beancurd and more. Saturday and Sunday only 3.00pm to 6.00pm Price: 5515.00 adult) SS&OO child below 12 years 24 Mount Elizabeth, Singapore
      193 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1258 11 TV RADIO ,1 WaN Street, Bpm, SBC 5 I Michael Douglas is Gordon Street -iHBpPv gcur vsho takes a shine to new. boy Charlie Sheen in this 1987 hit. He introduces the to of greed as dealings. But director Stone allows r 'JBSHRMK^fI Black Rata, 11pm, SBC 5 (Mike Douglas)
      1,258 words
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  • ADVERTISING & MARKETING
    • Article
      Thai spending power pushes ad revenue up
      736 12  -  Market is partly driven by a glut of middle-class housing and changing accommodation habits, reports Alan Boyo Alan Boyd Buoyant consumer demand and changing housing trends are keeping advertising spending at record levels in Thailand, as television takes a greater share of media
      736 words
    • Article, Illustration
      Little Mermaid to enter Myanmar
      543 12  -  Kids will soon enjoy an abundance of Disney products, reports Sanjay Monsanto Sanjay Monsanto THE children of Myanmar may not see Aladdin or The Little Mermaid on screen just yet. but they may soon sport tee-shirts and other paraphernalia bearing the youngest daughter of the
      543 words
    • Article
      Lock icon California's anti-smoking ads a hit
      325 12 NYT CALIFORNIA'S aggressive anti-smoking campaign, which uses a series of humorous television and billboard ads, is credited with contributing to a US$l.6 billion (SS2.S billion) decline in cigarette sales in the state in five years. Consumption has declined by 1.1 billion packs, or 27 per
      NYT  -  325 words
    • Article
      Lock icon A fair cup of coffee
      304 12 Reuter ARE you drinking a socially acceptable cup of cofTee? A British company that says it pays almost double the market price to cofTee farmers in Costa Kica. Mexico. Nicaragua and Peru has tripled its sales in the past six months. Cafedirect's turnover when its
      Reuter  -  304 words
    • Article, Illustration
      Lock icon When parent firms let their offspring take centrestage
      825 13 Better to present product as the brainchild of a small creative firm than from the line of a conglomerate NYT Marketers in the United States usually go to great lengths to establish their brand or corporate identities with consumers. Sometimes, though, they
      NYT  -  825 words
    • Article
      Lock icon Chinese find they can't take ads at face value
      263 13 UPI CHINESE consumers arc learning the hard way that advertisements are not always honest. The official China Daily cited Sunday an ad for a Shang-hai-produced skin cream that attracted millions of beautyscekers across the country. "Make your skin delicate quickly." the
      UPI  -  263 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      699 12 Which ISO 9000 is ktenatioial? r— dbj| A rrv f\ [T7 Cfl V mISO% lliooiK K 9002)7 JSL kvc y/£J icawunM JCCttwuiiffl oilman* V «carman* X!»»uii«SX mki \sgs/ I A M v_ What should you look for in an ISO 9000 certification body and what are the advantages of enggtflng
      699 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      96 13 Be a Omega Seamaster Professional chronograph. S diver chronometer in titanium, "If you can visualize a dive mentally, o all that remains is to do it. Roland f\ a p/\ Specker, world champion in lake IT" V//f*UwM diving without scuba. The sign of excellence Sole Agent and Service lent res:
      96 words
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      Page 13 Advertisements Column 2
      207 13 gfjy THE PINNACLE m|M QUALIFICATION IN MARKETING" taavnsmr or hull The specialist course for executive* in marketing management by The University of Hull in association with the Chartered Institute of Marketing, UK. EIGHTH INTAKE IN SINGAPORE Only programme endorsed by CIM UK Established Internationally as a part-time distance learning programme
      207 words
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  • Article
    Let the commentary fit the crime
    608 14 EDITORIAL IT WAS to be expected that the American media would jump on the Fay case, and they have not disappointed. Small, parochial newspapers which would have problems identifying Singapore on the map have carried the news reports; the major newspapers have run editorials
    608 words
  • WHAT THE OTHERS SAY
    • Article
      China better in Gatt than out
      312 14 THAT CHINA, the Uth largest trading nation in the world last year, should be admitted as a full member of the General Agreement on Tariffs and Trade (Gatt) is hardly in dispute. The question is when and under what conditions. At the heart of
      312 words
    • Article
      Gains for workers
      131 14 AS NTUC Fairprice spreads its wings in the region and plans bigger outlets at home, workers may wonder if they would continue to enjoy reasonable prices, and better dividends and rebates. If NTUC is successful, the outcome will be positive. There is disquieting talk, however, that NTUC,
      131 words
    • Article
      Beware the new protectionism
      148 14 IF THE "social clause" is endorsed in the new global trade agreement, developed countries would have an easy excuse to impose additional import duty on goods from countries that use cheap labour. This would seriously hurt the foreign trade of developing countries. Imposing the new clause
      148 words
    • Article
      Valuable private sector support
      104 14 LIKE the Low-Cost Housing Fund, the Langkawi Project and others, the setting up of the Swedish-Ma-laysian Scholarship Fund illustrates how private sector support can contribute substantially towards the realisation of many goals. A private sector which can pursue its corporate objectives, maintain social culpability and provide
      104 words
    • Article
      A useful precedent
      204 14 SATURDAY, March 26, was another memorable day in the history of the Occupied Territories in Israel. As has been the case so often recently, the reasons to remember the day and the date are unhappy ones. Six more Palestinians were fatally shot by the Israeli army. Unlike
      204 words
    • Article
      Human rights and justice
      150 14 ABOUT ONE MONTH short of a year after a passerby chanced upon her horribly mutilated body lying in a deserted spot in a rice field in East Java, the ghost of Marsinah continues to haunt this nation's conscience with unabated vindictiveness. A few questions concerning the
      150 words
  • Article
    Some people wish the Cold War hadn't ended
    1071 14  -  Salil Sarkar examines the woes of Western Europe's weapons makers Salil Sarkar The writer is a Paris-based journalist who contributed this article to BT WESTERN Europe's weapons makers are getting jittery. Up to about onethird of the jobs in France's powerful military
    1,071 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      269 14 Knocking on Wood What kindled the timber fever and T"7 can timber stocks r iL I deliver what they've /k promised? j ALSOJNTHISJSSUE New for old flats Bargains on KL's Second Board Are Sydney's apartments really good buys? How liable are non-executive directors? Why foreigners are betting on the Nikkei
      269 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      69 14 utfprt' «S IT UK€. TO Ll\£ CAN I ftSK >touj p, nnuNDftdC. e-KlSTeMcejjZ J P\ > > f HOW SHOULD Q A (FtoLM*?) I KMOU)?rw ny VPOSTBOV-.J/ W STUCX IM 7W€ I office AL/L —O vaSv..... N <Cl AMOQATEO MCWVAf€M LTD, IM2-IM4 kdU«*>'| DOONESBURY GARRY TRUDEAU »uf! i THAT* See!
      69 words
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  • ANALYSIS
    • Article, Illustration
      The US wants Japan to unmanage trade
      2151 15  -  Noted American economist C Fred Bergsten tells Regional Economics Editor Vikram Khanna what he thinks about the US-Japan trade dispute, Gatt, the US economy and Apec Vikram Khanna Of all of Washington's think-tank gurus, few are as celebrated as C Fred Bergsten, director
      2,151 words
    • Article
      Lock icon Can Japan still be relied upon?
      754 15  -  Michael Richardson finds Asean getting queasy as problems plague Tokyo Michael Richardson IHT SOUTH-EAST Asian countries, concerned that prolonged economic and political problems may permanently weaken Japan, are beginning to doubt its reliability as a major player in the region. This view, by oflicials,
      IHT  -  754 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      98 15 FOR SALE Prime En-Bloc Office Building COLLIERS JARDINE is retained to obtain offers for the purchase of a fully-let office building which is exceptionally well located in District 3. The location is outside the CBD and offers good access to major expressways. Details are as follows: Tenure 99-year leasehold, from
      98 words
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      Page 15 Advertisements Column 2
      328 15 jt&e UP AT Now you can enjoy the tenderest of beef without worrying about its cholesterol level, because at Jack's we serve only healthy and lean beef. For this month, there's a selection of 6 main courses, all prepared with ingredients that's high in nutritional value. So moo your way
      328 words
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  • Article
    Lock icon Gatt negotiators reach compromise on labour rights
    385 16 IHT, AFP GENEVA Trade negotiators have agreed on a compromise formula for including labour rights in the future work of the General Agreement on Tariffs and Trade (Gatt), to become the World Trade Organisation (WrO). Gatt said in an official announcement yesterday that
    IHT,; AFP  -  385 words
  • Article, Illustration
    Lock icon Still a long way to go
    43 16 AFP RUSSE Hundreds of trucks lining up for clearance at the border crossing-point of Russe at the Bulgarian-Romanian border yesterday. Most of the traffic had to pass through Romania because of the UN embargo against Yugoslavia. AFP
    AFP  -  43 words
  • Article
    Lock icon IMF boosts US growth forecast to 3.8pc
    467 16 Reuter WASHfNGTON The International Monetary Fund has sharply raised its growth forecast for the US economy this year amid gathering signs of American economic strength, international monetary sources said. But the fund, in a draft version of its semi-annual World Economic Outlook, has
    Reuter  -  467 words
  • Article
    Lock icon Greenspan at a loss over low consumer confidence
    189 16 Bloomberg Business News SAN FRANCISCO American consumers are managing to worry themselves about the economic future just when the expansion is in good shape, a perplexed Federal Reserve Board chairman Alan Greenspan said yesterday. "Despite what is obviously solid evidence of economic
    Bloomberg Business News  -  189 words
  • Article
    Lock icon US retail sales up as businesses plan to increase spending
    380 16 Reuter WASHINGTON Further signals of growth in the US economy kept alive concerns about inflation when the country posted stronger retail sales and the Commerce Department reported plans for increased spending by businesses. While consumers lifted sales at chain stores
    Reuter  -  380 words
  • Article
    600 investors face huge losses in HK investment scam
    324 16 HONGKONG The Hongkong authorities fear that 600 private investors could face losses totalling HKS434 million (SSBB million) as a result of alleged unauthorised dealings by an investment broker. On Wednesday, the Hongkong Securities and Futures Commission (SFC). the chief financial watchdog,
    324 words
  • Article, Illustration
    Huge investments in power generation may short-circuit
    797 16  -  The Bottom Line SN VASUKI SN VASUKI The writer is a BT correspondent THE numbers are awesome. Between now and the turn of the century, the installed power capacity of the six Asean and three Indo-Chinese nations is expected to nearly double from
    797 words
  • Article
    Lock icon Hosokawa may have accepted 3.2b yen: report
    159 16 Bloomberg Business News Reuter TOKYO A Japanese weekly tabloid magazine reported yesterday that Japanese Prime Minister Morihiro Hosokawa may have accepted as much as 3.2 billion yen (5548.8 million) in hidden contributions. Citing unnamed opposition Liberal Democratic Party sources, the magazine. Shukan Shincho.
    Bloomberg Business News; Reuter  -  159 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      33 16 KAISER KITCHEN SYSTEM SINGAPORE KUALA LUMPUR o NGEE ANN OOEON TOWERS CM MENAfM IMC Quality Serviced Offices Tel: 65-*****43/ Fax: 65-*****76 Working From Home? A complete office support for $7 a day Ca*****5240
      33 words
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      Page 16 Advertisements Column 2
      80 16 KAISER KITCHEN SYSTEM WK THE RAFFLES CONVERSATION "The people of America didn't send reporters to look into my windows. The reporters came to look into my windows to get me out of the race." JBL |p. i v GARY HART on how he was hounded out of the 1988 US
      80 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        46 17 Mixed 'Market I/<**/' indicates the likely trailing sentiment today, based on brokers (Milled at 5-6pm yesterday (hernight events may alter sentiment. Brokers polled Alliance, Barings. Daiwa. Fraser. OK (Job. Kay llian. Morgan Orenfell. Ongco. Phillip. Tat Lee. Smith Xew Court, and SO M arburg.
        46 words
      • Article, Illustration
        HOT STOCK
        162 17  -  By Paul Leo Hwa Hong Corporation has fallen by $2.07 or 45 per cent to 52.49 yesterday from its all-time high at 54.56 achieved on Jan 3. Technicals are suggesting that the correction is about to be over and the stock is poised for a medium-term rally. Weekly
        162 words
    • Article, Illustration
      Sembawang on last lap of restructuring programme
      392 17  -  By Rahita Elias SINGAPORE The Sembawang group is on the final leg of a restructuring plan, begun in 1990. to bring all its units under one giant listed entity. In a circular to shareholders yesterday, Sembawang Shipyard said that it proposed to change
      392 words
    • Article
      Pac Can's Aussie acquisition deal lapses
      183 17  -  By Shiv Taneja SINGAPORE Listed Pacific Can Investment Holdings Ltd announced yesterday that its agreement to acquire shares in an Australian company had lapsed as several pre-conditions had not been fulfilled. On Nov 9 last year, Pac Can said it entered into an agreement
      183 words
    • Article
      Nippecraft closes one cent above strike price
      236 17  -  By Corinne Kerk SINGAPORE The share price of main board debutante Nippecraft closed at 56 cents yesterday, a cent above its strike price. Trading on a "when issued" basis, it opened at 60 cents, then dipped to 55.5 in an hour. For most
      236 words
    • Article
      Sing Investments turns in 9pc profit rise
      227 17  -  By A J Leow SINGAPORE Sing Investments and Finance has turned in a 9.14 per cent increase in after-tax profit, despite flat operating revenue for the year to Dec 31, 1993. Net earnings rose to $3.43 million from $3.15 million on a mere
      227 words
    • Article
      OUB gets China clearance to set up Chengdu office
      161 17 SINGAPORE Overseas Union Bank has got the green light from the People's Bank of China the central bank to set up a representative office in Chengdu, the capital of the Sichuan province. Announcing this last night, OUB said the bank would
      161 words
    • Article
      Fels and Norwegian driller Smedvig: ties that bind and benefit
      703 17  -  HOCK LOCK SIEW By Rahita Elias SINGAPORE Far East Levingston Shipbuilding (Fels), a member of Keppel Corp, has had more than its share of uncertain times in the past decade. But things could soon brighten up. Just last month, news
      703 words
    • Article
      Lock icon Malaysian bourse set for gradual comeback
      531 17 MBT KUALA LUMPUR Much of the boom that the local bourse saw last year eluded the market in the first quarter of this year and although the market is still expected to see growth in 1994. it is not likely to be as dramatic
      MBT  -  531 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Pertama tie-up to market Samsung goods
          115 18 SINGAPORE Marina Electronics Pic Ltd said yesterday that it has signed an agreement to market Samsung audio and video products in Singapore. The firm, which is a joint venture between Pertama Holdings Ltd and Samsung Electronics, will function independently from the rest of Pertama's
          115 words
        • Article
          Foreign holdings in OCBC Bank
          45 18 SINGAPORE The OCBC Bank said yesterday that the percentage of foreign shareholdings in the bank's issued share capital added up to 40 per cent as of March 31. Foreign holdings of its warrants '95 were 39.36 per cent, it added.
          45 words
        • Article
          Hotel Plaza appoints new director
          69 18 SINGAPORE Hotel Plaza Ltd (HPL) said yesterday it has appointed Mrs Tan-Wee Wei Ling to the company's board of directors with effect from March 24. Mrs Tan-Wee. who is the daughter of company chairman Wee Cho Yaw. is currently the general manager of Plaza Hotel.
          69 words
        • Article
          Lock icon Lion Corp's profit jumps 40pc
          102 18 Bernama KUALA LUMPUR Lion Corporation Bhd yesterday reported a 39.88 per cent rise in group after-tax profit to M 521.78 million (5512.63 million) for the year ended Dec 31. 1993, against MS 15.57 million previously. Group pre-tax profit amounted to M 537.91 million against M
          Bernama  -  102 words
        • Article
          Lock icon Selangor Properties9 pre-tax up 38pc
          111 18 Selangor Properties 9 pre-tax up 38pc Bernama KUALA LUMPUR Selangor Properties Bhd has registered a group pre-tax profit of M 533.58 million (5519.47 million) for the year ended Oct 31, 1993, up 38.25 per cent from M 524.29 million in the previous year. It said yesterday that group turnover rose
          Bernama  -  111 words
        • Article
          Lock icon CCM's earnings, sales up
          84 18 Bernama KUALA LUMPUR Chemical Company of Malaysia Bhd (CCM) saw an improvement in the performance of the company last year, with sales recording growth of 2 per cent to MSS3O million (SS3O7 million) and pre-tax profit increasing by some 10 per cent to MS62 million. CCM
          Bernama  -  84 words
        • Article
          Lock icon Belton's pre-tax profit slips 17pc
          74 18 Bernama KUALA LUMPUR Kumpulan Belton Bhd has reported a 17.3 per cent fall in group consolidated operating after-tax profit to M 55.16 million (552.99 million) for the year ended Dec 31. 1993, from M 56.24 million in 1992. Belton said yesterday that group pre-tax profit
          Bernama  -  74 words
      • Article
        Lock icon Land & General expects more profit from furniture line
        422 18 Land General expects more profit from furniture line Bernama KUALA LUMPUR Land General Bhd expects its furniture division to contribute more to future profit following the upgrading of its furnituremaking operations, the opening of more sales outlets and increased overseas sales. Abdul Karim Ahmad Tarmizi. its group managing director. yesterday
        Bernama  -  422 words
      • Article
        Lock icon Kretam to cultivate palm oil in Sumatra
        129 18 Bernama JAKARTA Kretam Holdings Berhad will establish 40.000 hectares of oil palm estate in Natal, south Tapanuli in North Sumatra. The 120 billion rupiah (SSB4 million) project will be carried out through a joint venture with PT Ira Widya Utama and Camerindo Sakti
        Bernama  -  129 words
      • Article
        Lock icon Pilecon makes Leo Designer a subsidiary, enters joint venture
        242 18 MBT KUALA LUMPUR Pilecon Engineering Bhd has increased its shareholding in Leo Designer Sdn Bhd from 50 per cent to 51 per cent by subseribing for an additional 5.099 shares of MSI each at par in Leo Designer. Through Leo Designer.
        MBT  -  242 words
      • Article
        Lock icon KTM projects higher M$300m turnover for 1994
        438 18 Bernama KUALA LUMPUR KIM Bhd is projecting a higher turnover of MS3OO million (SSI74 million) for the 1994 financial year from the slightly more than MS2SO million registered in 1993. Managing director Abdul Rahim Osman yesterday said the corporatised entity was also embarking
        Bernama  -  438 words
      • Article, Illustration
        Lock icon San Miguel rolls out 12pc profit rise
        385 18 AFP MANILA Beer-based San Miguel Corp. the Philippines' largest manufacturing group, yesterday announced a 12 per cent jump in 1993 consolidated net profit and disclosed plans to invest USSIOO million (SSIS7 million) in overseas projects. Profit last year totalled 4.02 billion pesos (*****
        AFP; File photo  -  385 words
      • Article
        Lock icon HK's Ngai Hing Hong to offer 50m new shares
        297 18 Bloomberg Business News HONGKONG Plastic materials supplier Ngai Hing Hong Co will issue 50 million new shares in an initial public offering to raise HKS6B million (5513.6 million) to increase production capacity and expand into China. The new shares, representing 25
        Bloomberg Business News  -  297 words
      • Article
        Lock icon Mah Sing to pay M$45m for developer of memorial parks
        225 18 MBT KUALA LUMPUR Mah Sing Group Bhd has proposed to acquire the entire paid-up capital in Ide-Bakti Development Construction Sdn Bhd (IBDC) for MS4S million (5526.1 million) cash. The proposal will enable Mah Sing to expand its property development activities.
        MBT  -  225 words
      • Article
        UNIT TRUSTS & FUNDS
        563 18 UNIT TRUSTS FUNDS Maaagan' pricct \prK l s Cir Fund 104 I Singapore Unit Trust UMB Invest Mgt Ltd The (ommcrw I.M I.M n 1 u "d I.J* 144 The Sawngs Fund I 4* I 55\d I nibomd 10- 10? S'pure Piog F uih! 0.6* 0 'I J mled C.r
        563 words
      • Article
        Lock icon Listing hopeful EMC to pump M$4m into three new warehouses
        258 18 Bernama KUALA LUMPUR Soon-to-be-listed EMC Logistics Bhd. a one-stop logistics centre providing mobile crane hiring and transportation services, plans to invest Ms 4 million (552.3 million) in building three more warehouses in Penang. chairman Tengku Adnan Tengku Mansur said yesterday.
        Bernama  -  258 words
      • Article
        Untitled
        1710 18 Payment Ex Books Pay dale dose date *BR Hldgs 5* F 9 Jun 29 Jul 5 Jul 1$ Acma F 10 Jun 14 Jun 20 Jul 5 \mtcW fcng 20* I 6TE Apr 15 April Apr 29 Bojavj Group I 6 Mar 11 Mar 28 Apr 18 Bcrjaya Ind I
        1,710 words
      • Article
        Lock icon Australia rings up Viet success
        476 19 Phone company development is one of Asia's most successful telecom ventures AFP HANOI Frustrated by crackling lines, confused by Russian telephone operators and desperate for contact with their families, the Vietnamese community in Australia finally sought action. Eight years after answering pleas for a reliable
        AFP  -  476 words
      • Article
        Lock icon Swissair scraps dividend as 1993 profits dive
        286 19 Reuter ZURICH Swiss flag carrier Swissair Schweizerische Flugverkehr AG said on Wednesday it would omit a 1993 dividend to shareholders as its profits had nearly halved. A Swissair statement, issued after a board meeting, said 1993 group net profit dived to 59 million
        Reuter  -  286 words
      • Article, Illustration
        Lock icon Daimler cuts dividend sharply
        238 19 Reuter BONN Germany's largest industrial group Daimler-Benz AG said yesterday it would slash the dividend on its 1993 earnings to eight marks from 13 marks a year earlier and would launch a rights issue. Daimler said the dividend reduction reflected the difficult business conditions experienced during
        Reuter  -  238 words
      • Article
        Lock icon Stable 1993 earnings for French telecom firm
        157 19 AFP PARIS French telecommunications group Alcatel-Al-sthom said on Wednesday that it scored a consolidated net result last year of 7.06 billion francs, almost unchanged in comparison with 7.05 billion francs (551.895 billion) in 1992. Chairman Pierre Suard said sales were 156.33 billion francs.
        AFP  -  157 words
      • Article
        Lock icon Acer profit for first 3 months up 37-fold
        300 19 Bloomberg Business News TAIPEI Acer Inc, Taiwan's largest personal computer manufacturer, said net profit in the first three months of 1994 soared 37-fold from a year earlier to NTSSOO million (5529.6 million). "They're continuing to do well and will make a lot
        Bloomberg Business News  -  300 words
      • COMPANY BRIEFS
        • Article
          Lock icon China Int'l Marine A shares list today
          99 19 Reuter HONGKONG Trading in A shares of China International Marine Container Ltd will start on the Shenzhen Stock Exchange today, the exchange said. The Shenzhen-based container maker, which began to list its foreigner-only B shares on March 23. will float 12 million A
          Reuter  -  99 words
        • Article
          Lock icon Inchcape Pacific posts record profit
          98 19 AFP HONGKONG Inchcape Pacific Ltd. the South-east Asian arm of Britain's Inchcape pic. said yesterday it had made more than HK$l billion for the first time in its history The Hongkong-based trading group reported a record net profit of HK51.177 billion (***** million) in 1993.
          AFP  -  98 words
        • Article
          Lock icon GE upbeat on first quarter income
          90 19 Bloomberg Business News FAIRFIELD. Connecticut General Electric said it expected first-quarter net income would be at the "high end" of the range of analysts' estimates of USSI.4S (552.35) to USSI.SO a share. GE said it based that forecast on stronger results from its Kidder.
          Bloomberg Business News  -  90 words
        • Article
          Lock icon Advisers less bullish on US stocks
          93 19 Bloomberg Business News NEW YORK Investment advisers turned less optimistic about the outlook for US stocks, according to a survey compiled last Friday by the Investors Intelligence newsletter. Among 140 market letter writers, 41.6 per cent were bullish, down from 42.1 per cent in
          Bloomberg Business News  -  93 words
        • Article
          Lock icon Rothmans, Vendome may join FTSE
          106 19 Reuter LONDON Rothmans International pic and Vendome Luxury Group pic will be eligible for inclusion in the FTSE Indices at the end of 1994 due to a rule change, the FTSE Actuaries Share Indices steering committee said. The committee said drugs firm Smith Kline Beecham's
          Reuter  -  106 words
        • Article
          Lock icon China Textile Machinery's bonus issue
          66 19 Reuter SHANGFIAI The board of directors of China Textile Machinery has recommended a three-for-10 bonus issue to all holders of state, legal person and individual shares, a company statement said. Two of the bonus shares will come from profit available for appropriation and one from
          Reuter  -  66 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Japan's interbank rate falls as BOJ adds funds
        431 20 Bloomberg Business News TOKYO Japan's benchmark interest rate for loans between banks fell yesterday after the Bank of Japan surprised investors with the size of its money-market addition in the morning, traders said. The median unsecured overnight call rate, the benchmark interest
        Bloomberg Business News  -  431 words
      • Article, Illustration
        Maybank MD tipped to replace Bank Negara governor
        445 20  -  From Ho Kay Tat in KUALA LUMPUR A SENIOR Bank Negara official has resigned following the central bank's disclosure of MS 16 billion (559.3 billion) worth of losses between 1992 and 1993, Deputy Prime Minister Anwar Ibrahim said yesterday. Adviser Nor Mohamed
        445 words
      • Article
        Lock icon Bank Bumiputra cuts base rate to 7.2pc
        191 20 AFP KUALA LUMPUR Bank Bumiputra Malaysia Bhd, Malaysia's second largest bank, is cutting its base lending rate (BLR) to 7.2 per cent, bringing it to the same level as sector leader Maybank. Bank Bumiputra yesterday said the 0.4 percentage point cut in its
        AFP  -  191 words
      • Article
        Lock icon Asian coffee prices jump as supply dries up
        262 20 Reuter KUALA LUMPUR Asian coffee prices are rising on the back of a temporary regional shortage and solid Western demand and traders expect the trend to continue for a while. Supplies of robusta coffee, the variety mostly grown in Asia, have tightened
        Reuter  -  262 words
      • Article
        Lock icon Maybank keeps its pole position
        248 20 Bernama KUALA LUMPUR Malayan Banking Bhd retains its top ranking as a banking and financial group in terms of assets. deposits, shareholders' funds and pre-tax profits for 1993/1994. According to the latest edition of the Kuala Lumpur Bankers Directory 1993/94 released yesterday, Maybank is also
        Bernama  -  248 words
      • SMALL CHANGE
        • Article
          Lock icon UK court for extradition of HK banker
          85 20 Reuter LONDON An English court ruled on Wednesday that Hongkong investment banker Ewan Quayle Launder, wanted in the British colony on corruption charges, should be extradited to face trial. Launder's lawyer said he would appeal against the decision. The Hongkong government says that
          Reuter  -  85 words
        • Article
          Lock icon American Life unit doubles net profit
          93 20 AFP MANILA The Philippine subsidiary of American Life Insurance Co more than doubled consolidated net profit in 1993 to 1.26 billion pesos (SS7I million) from 513.3 million pesos a year earlier, company officials said yesterday. The Philippine American Life Insurance Co group posted a
          AFP  -  93 words
        • Article
          NTUC Income's bonus distribution
          113 20 SINGAPORE Insurance cooperative NTUC Income yesterday announced a bonus distribution equivalent to 19 per cent of its bond fund for the year to March 31. The bonus units were credited to bond policies on Monday. Following the distribution, the bid price per bond unit has been
          113 words
        • Article
          Lock icon US$ could hit 90-100 yen: economist
          102 20 AFP TOKYO The US dollar could fall to between 90 and 100 yen if the Japanese government fails to take sufficient measures to stimulate the economy. Fred Bergsten. director of the Institute for International Economics, was quoted by the Asa hi Evening AV»tv yesterday
          AFP  -  102 words
      • Article
        Simex appoints Japanese adviser to forge closer links
        163 20 SINGAPORE In a move to forge closer government and financial links with Japan, the Singapore International Monetary Exchange has appointed Tomomitsu Oba. an influential figure in Japanese circles, as an adviser. A former vice-minister for international atTairs. Mr Oba heads the Centre
        163 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        127 20 THE Asian currency market saw an active day of trading yesterday, notably in the MS. The SS was confined to narrow-range trading, with USS selling interest prevailing above 1.5730 despite a generally bullish USS tone in the majors. Trading was between 1.5695-1.5715. within the 1.5670-1.5730
        127 words
      • Article
        Lock icon London
        175 20 Bloomberg Business News LONDON The dollar surged against the deutsche mark and yen here amid speculation a half-point rise in the Federal Reserve's 3 per cent US discount rate is imminent. Traders said talk of a discount rate rise yesterday circulated in Europe prompting traders who'd sold dollars earlier
        Bloomberg Business News  -  175 words
      • Article, Illustration
        Untitled
        1595 20 111,1, niUukiutl nvdiiisi V"/»««■"> /<¥' 14 lithium /WMT> #i/v I cut US$/S$ forward rates Noon Apr 7 SS Bid (Mfcr I-month I.SWS I57IO :-monlh I 56*>5 1.5710 1-monlh ***** I 5710 6-month 1.5692 1.5712 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Apr 7 Singapore dollars to one
        1,595 words
      • Article
        Lock icon Oil prices steady, market reassesses earlier rally
        151 20 ENERGY REPORT Reuter LONDON Oil prices drifted sideways to lower in featureless trading yesterday as the market took a breather following hectic buying earlier this week. Traders said the market was reassessing Tuesday's explosive rally which sparked the biggest one-day gain since the
        Reuter  -  151 words
      • Article
        Lock icon New York
        87 20 AFP NEW YORK The dollar was down slightly against the other major currencies early yesterday in quiet trading with no new elements to give direction to the market. Around 9:15 am (1315 GMT), the US currency traded at 1.7115 German marks against 1.7150 on Wednesday evening. Against the
        AFP  -  87 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars mixed in cautious sentiment
        1395 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures closed mixed in moderately light trade yesterday. Eurodollars made strong gains in the last few sessions on the belief that short-term interest rates were not likely to increase but sentiment turned cautious yesterday, dealers said. "There is no
        Reuter  -  1,395 words
      • Article
        KL tin gains on firmer LME
        620 21 COMMODITY REPORTS Tin lIN rose another five sen to VIS 14.30 a kg at the elose >esterday. mainl) aided h\ a firmer London market overnight and initial km otters. Traders said the immediate trend would depend on the pcrtormanee of" other international base metals.
        620 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Demand for US beef seen finning
          109 21 TOKYO Demand for US beef will continue strengthening, hut a strong outlook for Australian prices will keep Japanese buying somewhat sluggish. trade sources said yesterday. Traders said Australian oilers appear to have hit a ceiling, but are unlikely to ease considerably over the next
          109 words
        • Article
          China oilfield output seen rising
          67 21 HONGKONG The Turpan-Hami oilfield, located in China's north-west Xinjiang province, will be pumping more than 3 million tonnes of crude oil by the end of 1995. compared with 1.15 million tonnes in 1993. the official Xinhua News Agency reported yesterday. Recoverable reserves of the field
          67 words
        • Article
          Weak demand for lead expected
          92 21 TOKYO Sluggish auto sales will likely result in weak demand for lead for the rest of this year and should keep a lid on prices. Domestic automobile sales fell 3.8 per cent in March from a year earlier, according to the Japan Automobile Dealers Association.
          92 words
        • Article
          Indon rules curb buying of US cotton
          96 21 SINGAPORE The Indonesia government has banned spinners from using US credit guarantees to increase their purchases of US cotton, the Jakarta Host reported yesterday. The US is try ing to expand its cotton sales by underwriting credit extended to buyers for loans from
          96 words
    • Article
      COMMODITY PRICES
      1465 21 Rubber Apr 7 Singapore Commodity Exchange SICOM (physical prices) (futures closing as at 1pm) Bums Sellers RSS 1 Contract (S ccnts/kg) at 12 neein (S ccnts/kg) lose Volume Open KSS 2 Max 94 148.50 I40.50N Month High Lo» Sett (tonnes) Interest KSS 3 Max 94 147.50 14*.SON sr-sg
      1,465 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1248 22 +3.3 THE Australian share market crawled slowly higher in the afternoon session to close firmer in a day of consolidation yesterday. brokers said. The All Ordinaries Index slipped to 2,077.8 in the morning before working its way up to 2,087.4, a rise of 3.3 points. Brokers said the market
        1,248 words
      • Article
        Manila
        607 22 -48.63 Share prices finished lower after Philippine Long Distance Telephone Co's slide dampened sentiment and triggered heavy selling, brokers said. The composite indicator on the Philippine Stock Exchange shed 48.63 points to close at 2,631.71. The drop erased the market's 47.33 gain on Wednesday after losing a total 78.49
        607 words
      • Article
        Taipei
        560 22 -6.18 Taiwan stocks closed slightly lower in active trade on late profit-taking after three days of strong rebounds. But brokers said they expected stable gains in coming sessions. The index ended 6.18 points lower at 5,475.68, off a 5.547 high, in active turnover of NT555.75 billion. Electronics and paper
        560 words
      • Article
        New Zealand
        281 22 -5.77 The New Zealand share market largely held the gains made on Wednesday as stability returned to local and international markets. A firmer New Zealand dollar was also supportive. The NZSE-40 capital index closed at 2.116.87 points, down 5.77. On Wednesday the index, fuelled by a rise of
        281 words
      • Article
        Bombay
        43 22 +7.53 Stock prices ended marginally higher after recovering from a small mid-session dip in dull trade, brokers said. The Bombay Stock Exchange 30-share index ended at a provisional 3,849.91. up 7.53 points. The 100-share national index closed 10.06 points up at 1.876.78.
        43 words
      • Article
        Seoul
        408 22 +0.32 Share prices ended flat as late profit-taking wiped out early gains but trade volume improved slightly from Wednesday. brokers said. The composite index ended flat at 863.36, up 0.32 point. "Blue chips, which led a technical rebound from Monday. appear to have lost grounds, and no leading groups
        408 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        685 22 Britannia Funds Ntrrliag Cash Bid Offer Mim tap Deposit 1» MOO 1» 6500 M.m Jerso Gilt 0 1*91 0 1442 Mim Mat Income ■Ot'OO ****** I SS Cash Income Plus Fund 4 4100 10 4500 PSSRrwnrFund 5 500 5 2600 Median Euio Performance ***** 0 44Ml Far Fast Fund '2
        685 words
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        London
        659 22 -2.5 Shares ended a volatile session marginally weaker with a see-saw performance from US Treasury bonds and a weak one from the Dow once again taking London prices below their highs. The FTSE 100 index closed down 2.5 points at 3,129.0, having moved between 3,117.0 and 3.143.5 on a
        659 words
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        Paris
        168 22 -8.65 French stocks fell 0.4 per cent after strong consumer spending in the US sparked fears US interest rates will rise and prevent cuts in European rates, traders said. The CAC 40 index of blue chip stocks lost 8.65 points to close at 2,119.57. The index had risen to
        168 words
      • Article
        Stockholm
        96 22 +0.19pc Swedish shares closed slightly higher after prices see-sawed through a day of quiet trade. The bourse rose on positive overseas bourses but the climb slowed down after Wall Street opened lower. The OMX-index was up 0.19 per cent at 1,128.82 in healthy turnover of 2.119 billion crowns. Stockholm
        96 words
      • Article
        Milan
        157 22 181 Italian stocks gained as investors speculated a new government will rise from the stalemate among political parties. The Italian stock market's Mibtel Index rose 181 points or 1.5 per cent to 11,919, another high for the year. On Wednesday, it rose just 0»15 per cent and fell 0.4
        157 words
      • Article
        Amsterdam
        274 22 +0.11 Dutch stocks closed mixed as a decline in US shares offset hopes European interest rates will fall, traders said. The Amsterdam EOE Index of 25 leading stocks closed 0.11 point higher at 412.92. The number of advancing stocks equaled those declining, with one unchanged. A total of 9.1
        274 words
      • Article
        Zurich
        257 22 +30.7 Swiss stocks, particularly bank shares, surged 1 per cent on expectations that interest rates in Europe will fall. The Swiss Market Index of 22 stocks gained 30.7 points to 2.860.9. with 16 stocks rising, two unchanged and four falling. The Swiss National Bank has declined to cut interest
        257 words
      • Article
        Brussels
        160 22 1.05 Belgian stocks closed higher in light volume as investors responded to stable interest rates in the bond market, traders said. The Bel2o index of blue chip stocks inched 1.05 points higher to 1,469.13. The index has climbed four days in a row since dropping to a low for
        160 words
      • Article
        Johannesburg
        274 22 -17 South African shares rc- sumcd their search for market moving factors yesterday as mixed signals clouded direction in thin trade, dealers said. The industrial index fell 17 points to 5,617. The overall index finished nine points lower at 4,858 and the gold index shed five points to 1,912.
        274 words
      • Article
        Toronto
        288 22 +4.62 Toronto stocks recovered early losses by midday in sluggish trade yesterday, with traders reporting increasing confidence. The TSE 300 composite index was up 4.62 points at midday to 4,317.88 after dropping more than 18 points at the open. Volume was 31.3 million shares valued at C 5397.12 million.
        288 words
      • Article
        New York
        777 22 -9.79 Wall Street stocks were mixed at midsession yesterday as the market paused to catch its breath after two days of recovery from two weeks of constant selling. The Dow Jones Industrial Average was ofT 9.79 points at 3.669.94 at I pm EDT. In the broader market. advancing
        777 words
      • Article
        Frankfurt
        163 22 1.13 German stocks closed the post-bourse trading session higher amid hopes interest rates will fall and increase earnings at banks, traders said. The DAX index of the 30 most widely traded stocks rose 1.13 points from the official close to finish the electronic Ibis session at 2,202.54. That's below
        163 words
    • Article, Illustration
      Lock icon HONGKONG
      3218 23 Bloomberg Business News HONGKONG Slocks rose yesterday, led by banking and real estate shares, after a steady performance in US markets on Wednesday confirmed inflation remains a distant threat. Many Hongkong stocks have fallen to very attractive prices, said William Ebsworth. chief investment officer at Fidelity Investments. "The market
      Bloomberg Business News; Source: Bridge Info  -  3,218 words
    • Article, Illustration
      CHINA
      535 23 The Shanghai B market stood firm yesterday with the CLSA B index edging up 0.25 point to 723.48. Trading was modest at US$2 million, dispersed across the board. Phoenix Bicycle accounted for a quarter of turnover. The most dramatic performer was China First Pencil, which bounced 30 per cent
      535 words
    • Article, Illustration
      Lock icon TOKYO
      2557 23 Bloomberg Business News Reuter TOKYO Stocks rose for the third straight day on a last-min-ute rally powered by investors seeking to bolster the value of their Nikkei 225 index options, traders said. Japanese insurance companies and mutual fund managers added to the gains by bidding up stocks for the
      Bloomberg Business News; Reuter; Source: Bridge Info  -  2,557 words
    • Article, Illustration
      Lock icon BANGKOK
      1826 23 Bloomberg Business News BANGKOK Thai slocks rose 1.9 per cent as advances in many major markets on Wednesday and yesterday reassured individual investors worried by the threat of rising US interest rates, analysts said. Advances were triggered by what many analysts consider an over-reaction to the fallout from a
      Bloomberg Business News; Source: Bridge Info  -  1,826 words
    • Article, Illustration
      Lock icon JAKARTA
      1164 23 Bloomberg Business News JAKARTA Indonesian shares fell as poor trade figures and the prospect of higher interest rates discouraged investors yesterday, traders said. The Composite Index fell 6 points to close at 467.978. "All the hanks and blue chips fell today because of news that export growth won't be
      Bloomberg Business News; Source: Bridge Info  -  1,164 words
    • Article
      CLOB INTERNATIONAL
      2811 24 PdOtT AiCTTVf rntiTW Idris H\d 50c S 802 001) Mulpha Intl 50c V2f5.000 Promct 4 281.01)0 AMDB 50c 2.070 000 Kjmunling 50c I 80) (MX) Johan Hklgs 50c 1 .167 000 t-ahcr (iroup I..102.000 Insas Bhd I 281 000 Lien Hoc TSR>»7 II***** K.BCorpn TSR 1.148.000 Kcnong Bhd
      2,811 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares end mixed, institutional buying returning
        5988 24 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index closed little changed yesterday but several key blue chips rose as fund managers took advantage of the market's recent weakness to fill out their portfolios. analysts said. The Kuala Lumpur Stock Exchange's Composite Index gained
        Bloomberg Business News; Source: Bridge Info  -  5,988 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7429 25 IIWOMB Traiuaction date: Apr 7 <»r <«r IWM4 Last Vol Day IXt Di% IM Nrl M < ap High Lao Coaipaay Sale 000) High Bayer Seller Of M Sail INDUSTRIAL AND COMMCRCIAL 1440 260 I s Aetna 9|5cd unch I •»!5 915 «»I5 17.5 2.1 I t 146 610 7
        7,429 words
      • Article, Illustration
        Lock icon Market drifts sideways as players await overseas trends
        1874 26  -  By Paul Leo SINGAPORE The local bourse drifted on light profittaking as investors waited for further developments on overseas markets. The Straits Times Industrials Index started on a weak note to end the day 9.04 points lower at 2,106.53. Among the other
        Charts by Bridge Info; Source: Bloomberg  -  1,874 words
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      309 17 NEWS VALUE How today's news might athxt your stinks Remisiers lose millions to rubber-cheque clients (pg Little impact on broking firms as it affects mainlv remisiers. who will have to bear the losses personally first." Osprey Maritime to launch public offer of 40m shares today (PR h Should be attractive
      309 words
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      2083 19 }">/$)[>:[[\<@!/{[?>?+&<]>|+}}? TOOLMAKING BUSINESS FOR SALE Established High Precision Tool Die making Company IN SINGAPORE with Tungsten Carbide machining capability Completely air-conditioned facility comprising high-end machinery such as 6 Precision Surface Grinders. Cylindrical Grinder, High Precision Lathe. 2 EDM Machines, 1 Wirecut Machine, 2 Optical Profile Projectors, Heat Treating and Hardness
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      40 19 Hie Creative uses the right media and the right company. Classified the people finder. TM6 STAAfTS TMES THE SUNDAY TI*CS BUSINESS TIMES THE NEW PAPER LIAWE ZAOSAO LIANME WANBAO SHNMH OA«.Y NEWS BEAITA HA MAN BE A IT A MNGGU
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      93 20 New Zealand US$ 1,000,000,000 Floating Rate Notes due 1999 In accordance with the Terms and Conditions of the Notes, notice is hereby given that for the interest period from April 06, 1994 to July 06, 1994 the Notes will carry an Interest Rate of 3 8125% per annum. The Coupon
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      368 21 BUSINESS TIMES TOLL-FREE TEL. No 1-300-741-1883 FAX:7,4I-1296 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF CHEMOIL FAR EAST PTE LTD (Formerly known as KEMOIL PTE LTD) (In VbhuUary Liquidation) At m Extraordinary General Meeting of Ik members of CHEMOIL FAR EAST PTE LTD, duly
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      33 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. overseas about Singapore. I jr' B Straits Times Eg Subscribe now. Call 749-2577.
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      125 23 Th e Zenith Rainbow Collection El Primero automatic chronograph movement. iliy. Above Beyond Pie Ltd 1 Maritime Square *02-101 Expo Gateway Tel *****42. Cortina Watch Centre Pte Ltd *01-36 Raffles City Shopping Centre Tel *****85 *01-32 Lucky Plaza Tel *****84. Deluiie Eastern Watch Pte Ltd *01-18/20 Centrepoint Tel *****36. Jewellery
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      193 24 QUALITY THAT LASTS ©i nomogram and jft-Since 1924. and with the «amp nassinn fnr nerferrion Cara n the suvrd-hke dtp vV d'Ache has been creating luxury writing instruments that transcend time. and collection, "Geneve", you will find a perfect harmony workmanship. "Geneve" Fountain Pen, black lacquer finish. Also available as
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      4 24 Tomorrow in Business Times
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      93 25 SINGAPORE COMMUTER offers i A CORPORATE TRAVEL CARD Am? JV *»jf <4,-jtMKg wKHBM&M >&MXPW9m A|V <* aTte&L Ik It's a credit card travel now pay later dffKk V p V&?l^wP' Qiai-a~caD numoer tor members I Consolidated Monthly Statement of Accounts Other Services: Airport Meeting, Airport Transfer, 1' Customised Travel Services
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      629 26 B USINESS TIMES i IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF HAT CONTRACTING SINGAPORE PTE LTD /In «*-1 m— wimufii voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pursuant to Section 290(2)(b)) At ab Extraordinary General Meeting of Company held at 9 Penang
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      283 26 THE COMPANIES ACT (CHAPTER 50) THE COMPANIES REGULATIONS 1987 REGULATION 76 NOTICE TO PROVE DEBT OR CLAIM FOR PUBLICATION Name of Company: Devon Industries Sdn Bhd Under judicial management) Company No: *****1792N Address of Registered Office of: No. 5 Pioneer Sector 3 abovenamed company: Singapore 2262 Number of Matter: Originating
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      335 26 IKM7IBVIK rMMNU ACT, CAP. M MlKMia* At an Exraordnary General Meeting ofthe Company held at 15 Beach Road #03 02 Beach Centre Singapore 0718. on Thursday. 31 March 1994 at 10 a.m. the foNowmg Special Resolutions were duly passed A) THAT SM ENTERPRISES PTE LTD be wound up volununty and
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      693 26 IN THE MATTER OF THE COMPANIES ACT CAP S8 AND IN THE MATTER OP KEW CHYE PROPERTIES PTE LTD NOTICE OF SPECIAL RESOLUTION FOE MEMBERS' VOLUNTARY WINDING-UP (pursuant to Section 290) Al an extraordinary general meeting of the members of the itiir laiminl Company, duly convened and held at 190
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  • Shipping Times
    • Article, Illustration
      R&D project for marine industry launched
      293 27  -  By Alec Almazan SINGAPORE The first research and development project between the marine industry and public sector was launched yesterday by the Minister of State for Trade and Industry and Labour, Goh Chee Wee. The $8.6-million Marine Technology Programme covers five projects aimed at
      293 words
    • Article
      Singapore Bunkering Procedure spells out measures clearly
      354 27  -  LETTER TO THE EDITOR Lim Li-Lian, Chairman, Singapore Bunker Claim Advisory Board, Singapore National Shipping Association WE REFER to the article "Confusion in the bunkering market" published in the SingaPort '94 supplement on March 22. Eighteen months have passed since the introduction of
      354 words
    • Article
      Lock icon Vela to reject most ships over 20 years
      146 27 Bloomberg Business News LONDON Vela, the chartering arm of the Saudi Aramco oil company, issued a statement on Wednesday saying that after Dec 31 it would no longer charter vessels over 20 years old unless they meet certain conditions. Oil companies have
      Bloomberg Business News  -  146 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1122 27 Page Col ABC Containerline 12 5 Accord Group 8 1-3 Africa Container 16 4 Ahrenkiel Liner 4 1/2 AOEShpg IS 4/5 ANL 3 1/2 Antaco Mgmt 17 1/2 •APL 5 3-5 Appcnship 8 4/5 Arabian Express 15 3 ASCL 5 5 Avant Shpg
      1,122 words
    • Article
      Lock icon Freight market remains dull
      215 27 Reuter LONDON Many sectors of the freight market remain sluggish after the Easter holiday, though capers are reported to have seen increased volume of chartering enquiry, brokers said on Wednesday. In the grain trades Eptalofos has fixed 63,000 tonnes of barley from Valencia to Saudi Arabia
      Reuter  -  215 words
    • Article
      M'sian merchant fleet cannot handle growing external trade
      369 27  -  By Dexter Lee SINGAPORE Malaysia is missing out on some MSS.B million (553.4 million) in freight and insurance this year because its merchant fleet remains too small to handle the country's booming international trade. Malaysian deputy finance minister Dato Mustapa said yesterday
      369 words
    • Article
      Lock icon Joint venture to build US product carriers
      202 27 Knight-Ridder NEW YORK Shipbuilding Ventures Inc and McDermott Shipbuilding Inc have formed a new joint venture to build product carriers and other ships based on the Skarhar design, the companies said on Tuesday. The new company will be called US Shipbuilding Corp. Under
      Knight-Ridder  -  202 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        536 28 fry No B*rth lamH D*parturt Vtsitl »>y w* toft fcrtwl Oqwfr** JOTMg Port Akwnn Bo 04 94 TO 08 04 0600 01.04 7200 Bala* kn 04/02/94 11 04.04. 2300 Aprt 0 OH/94 P04 0104/S1430 0904/1400 Oat IMan 040 11 HonpHe 0104/2100 BaiulAuncul 0*0194 TOA 08 04 0830
        536 words
      • Article
        CONTAINER SCHEDULES
        1610 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rdts Ship Voy No Etb/Btr Period From To From A Atr*M ***** 09/0800 1A 07/1500 07, ISM 07/1900 IB 07/1500 07/1659 07/1900 3 08/0700 01/1159 01/1400 4 08/1200 00/1459 00/1700
        1,610 words
    • Article
      THE SHIPPING GUIDE
      15104 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      15,104 words
    • Article
      DAILY FREIGHTS
      1145 43 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,212 on Thursday from 1.208 on April 5. FIXTURES Tanker Rates for very large crude carriers lifting cargoes from the Persian Gulf softened slightly as the amount of available tonnage increased. brokers said. Kyung-in paid ws
      1,145 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      536 43 Ciin March 30 Density Niter Residue A* Nurran Sedvnent MM Exxon KG/M*3 V/V M/M 1 M/M PPM method BO/ttnat 1Mb Spec E25 991 10 15 0 0 10 30* 010* Spec G35 991 10 18 0 015 30* 010* Northern Eirope 180 Ave 982 0 2
      536 words
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      Lock icon High price to pay for protecting US shipyards
      1338 44  -  The Gibbons Bill will not only harm the very industry the government is trying to help, it will also seriously threaten the export sector, argues Michael Berzon Michael Berzon American Shipper NO ONE disputes that US shipyards are going through hard times.
      American Shipper  -  1,338 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        SIA wooing passengers to take day flights to London
        425 46  -  By Dexter Lee SINGAPORE Singapore Airlines (SIA) has started wooing passengers to take its day flights from Singapore to London but not by way of a discount despite the stiff competition on the sector. Instead, the Singapore national carrier has raised
        425 words
      • Article
        Lock icon Continental Air considers selling Express carrier
        424 46 Bloomberg Business News HOUSTON Continental Airlines, which is seeking big returns on a new short-haul service inaugurated last autumn, said it has held talks about selling its Continental Express commuter carrier. "We have had preliminary discussions with several parties about the possible acquisition of
        Bloomberg Business News  -  424 words
      • Article
        Lock icon Healthy US car sales in March stun analysts
        458 46 NYT DETROIT Sales of cars and light trucks in the US outstripped expectations yet again in March, raising the possibility that the car recovery may be more robust than analysts and industry executives had predicted. With both consumer confidence and employment increasing,
        NYT  -  458 words
      • Article
        Lock icon Volvo hires more workers as sales rise
        260 46 AFP GOETEBORG, Sweden Riding a wave of increased sales since the beginning of this year, Volvo is steadily increasing its workforce in a variety of divisions, the company's labour union spokesman said on Wednesday at the Goeteborg plant. "Since Jan 1, we have
        AFP  -  260 words
      • Article, Illustration
        Lock icon US truckers' strike hits 22 freight lines
        307 46 Reuter WASHINGTON A strike by 75,000 Teamster truck drivers, protesting against the loss of jobs and job security, shut down 22 major freight-hauling lines on Wednesday. The strike could quickly narrow to four major haulers, however, an industry official said, following a decision
        Reuter  -  307 words
      • LOG BOOK
        • Article
          Lock icon American Airlines to sack 50 pilots
          92 46 AFP DALLAS The largest US airline American Airlines announced on Wednesday that it planned to sack 50 pilots as of June I, and that 450 to 500 more could lose their jobs. This new wave of lay-offs reflects efforts by AMR Coip, the parent
          AFP  -  92 words
        • Article
          Lock icon USAir may not pursue credit line
          81 46 Reuter NEW YORK USAir Group Inc chief executive officer Seth Schofield said the company may cease negotiating its current bank credit agreement and USAir's agreement to sell accounts receivables. "We are still talking to the banks about the waiver with respect to the line
          Reuter  -  81 words
        • Article
          Lock icon Salomon to advise TWA on funds
          86 46 Bloomberg Business News WASHINGTON Faced with the need for a future cash infusion. Trans World Airlines Inc has hired an investment banking firm to evaluate alternative ways to generate funds, including a merger or sale of the airline. The airline said in a Form
          Bloomberg Business News  -  86 words
        • Article
          Lock icon Japan car firms in new deal: paper
          107 46 Reuter TOKYO Nissan Motor Co, Nissan Diesel Motor Co and Isuzu Motors Ltd have agreed to furnish each other with vehicles to be sold under each other's brand names, the Nikkei reported yesterday. The business daily said that the firms will provide each
          Reuter  -  107 words
      • Article
        Lock icon Chrysler recalls Neon car for third time
        319 46 Bloomberg Business News DETROIT Chrysler Corp is recalling its new Neon subcompact car for the third time, the National Highway Traffic Safety Administration (NHTSA), said on Wednesday. NHTSA, in its Monthly Defect Investigation Report for March issued on Wednesday, said that in February
        Bloomberg Business News  -  319 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1812 46 oty eta na* n»_ MM OkaM GA976 0010 GA928 2140 GA970 215S AMaMt QF81 1925 Qf82 2055 SQ227 2230 »«HW<W KL837 1450 GA976 0010 SQ323 1730 KL838 2300 SQ26 2355 Utmm SQ348 2250 ImcM—I NZ73 1550 SQ285 2045 SQ288 2040 N274 2340 BA12 2200 ■■Iglla Gf
        1,812 words
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      161 27 Gibbons Bill: help or hindrance? Page 18 is±' Recently We Introduced A New Innovation In Shipping. Water. The Innovation: All-Water route from Southeast Asia via the Suez Canal to the Port of New York* New Jersey. Cost-effective alternative to trans-Pacific route. Eliminates need for mini landbridge to East Coast. Eliminates
      161 words
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      22 27 THE FAMOUS £**(<> Caißon ■swum* M ***** J For more inforaatioß please refer to Pg. 15 SIA woos day-time London travellers, Back Page
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      392 28 TSKUNE AGENOES (S) PTE. LTD. Gjm T.S.K. line IJn/l 1 I Tlx: RS *****/TSKSIN. i TOKYO SENPAKUKAISHA, LTD. CR No: **********0N I hkawaT oSe 'oS l* MK "S"'S''' M!!> S S""" aUBCW 00 1104 17J4 ACHIT %m *ILO4 **1104 IZB4 15.04 1104 21.04 KM MK PK 8K ACX wom vm
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      1021 28 rtm mktti 'mm m' in—' oar nw nar utnr n u*. CAUFONM IKRCURYI §0 I 13-14 4 I 304 I 15 I SSI IS I 35|41|*****1 AOJWUT/ 01* 114 71 15 I US I 121 I 10S 10S 111 S U S 111 KS MK 02/014W 12 4 244 111
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      2259 29 M OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD. *****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 CUSTOMER SVC TEL: *****92/*****91/*****93 P
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      Page 29 Advertisements Column 2
      1992 29 mamssassm MAERSK EXPRESS SERVICE TO PERU/CHILE/BOLIVIA NEXT SAILING ARTHUR MAERSK V.9406 ETA SIN 13TH APRIL 1994 v«MI Wo* ETA ETO FMdarad by SL destinations TIM M* MARORETHE MAERSK V 9404 ■I—lW——»—8WWIMII—iWW CY 12/04 0800 HRS Cf S 11/04 2350 MRS JOH LPK PEN OAK LG6 SfO MEM ATL MIA CHS
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      Page 30 Advertisements Column 1
      1500 30 AOABA R OAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JSOOAH (VIA JED) S TON H BURG AW6RP HAVRE MALAYSIA ESSEN EXPRESS 05/313 10/4 18/4 25/4 27/4 30/4 2/5 4/5 Porl Katang. Panang ELBE 21/114 13/4 30/4 3/5 2/5 PMir Qudang HANNOVER EXPRESS 19/314 16/4 25/4 2/5 4/5 7/5
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      Page 30 Advertisements Column 2
      577 30 FCL Break bulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder In Kabul for an services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia a Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR CGM Korrlgan V 2094 13/4 09/5
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      Page 30 Advertisements Column 3
      1393 30 I NOR ASIA I" VSL/VOY SIN ALQ BCL VALHAM BRE ROT ANT FCL LHA I SEA NOROK 413 M 08/04 27/04 30/04 01/05 02/05 03/05 04/05 05/05 00/05 00/05 I NORASM SUN 9414-3 15/04 00/05 09/05 10/05 11/05 12/05 13/05 14/05 15/05 15/05 I NORASM PEARL 9415-3 20/04 11/05 14/05
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      1764 31 STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 Keppd Towers SiMgaporo 0200 Tol: *****00 Fax: *****17 WIMMWIWWMIiMIIftmHMimiMUM NEW GUINEA PACIFIC LINE jOBEp (A service of china navigation CO) > ACCEPTS >MpV CARGO DUE SMS RAJAH BROOM VIOC Hwi. Lab oto7 Apr 00 Apr 0® Apr FCL. LCI CONTAINER ANO
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      Page 31 Advertisements Column 2
      1613 31 ltoX 4_ SINGAPORE AGENT: (JXtCi a tlAf*G P&O Containers (Singapore Agencies) Pte Ltd X m. W M M J. 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Wr*'" T\ Tel: 225 2233 Telex RS ***** PNOCSP Fax 225 5327/222 7517 W CR Number **********0Z WITH EFFECT FROM 11 APRIL
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      Page 31 Advertisements Column 3
      8 31 HO CHI MINH TEL: *****26 FAX: *****27 LENNON
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      Page 31 Advertisements Column 4
      36 31 VESSEL ETA ETC DESTINATION SONG TKN 02 11/ M IS/04 HO CM MMH NMOT TAO 11/04 17/04 HO CHI MMH SUBJECT TO INDUCEMENTS VIETHONQ SHIPPING PTE LTD TEL: 225 1511 FAX; 225 0633 TLX: RS23MI VIETHK
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      479 32 i§|\ EKA JAY A AGENCIES 70lgr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES M CHARGE nib CHI mhh city paom |haj«»ho—/dwect HBMThW UHBI n7mMMW4 MUMfIMH UMB «™ma" mum ii—a Immtii KJ6 VIETNAM/HCM6 fc. COmAaMHMHtMT SEtiono® CENTER-POINT g IMB 7 LIHEB <P*l DOT In> STMt WW lITA HtMC MUOUM JUL
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      Page 32 Advertisements Column 2
      1443 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDD Ml SM lUK HAUL SEA YVR POX FOR VSL SM |UK HUH. Ml U NIC HARM SMGAPORE 0131 9/4 OKCT 21/4 30/4 1/5 HNUM SMGAPGRE 01X 9/4 H. REWYORK 054E 12/5 13/5 15/5 HMUM BREMER
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      Page 32 Advertisements Column 3
      1306 32 I ni is «tut w w( oa kt iro iu as w rtc uw m h nr i« n at m ssr I*. l sonu **uk -k n 13/4 14/4 11/4 11/4 21/4 21/4 22/4 22/4 23/4 S/S 17/S 10/S 21/5 31/S l/t 2/C 3/1 13/1 23/* 77/ C 70/1
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      Page 33 Advertisements Column 1
      2656 33 'CALIFORNIA MERCURY 60E' ETA SGP 13/04/94 ll II l| ARRIVING LOS AN6ELES 30/04/94 IN 16 DAYS HI |l £3 II 'NEPTUNE LAZULI 06E' ETA SGP 13/04/94 HI ARRIVING NEW YORK 07/05/94 IN 23 DAYS HI HI Zr HI *R1 Conmcttnf CatNoriHa hp— Voy 2* In HKfi 23/04/S4 I ■1 r
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      Page 33 Advertisements Column 2
      1252 33 A MULTILINE SHIPPING PTE LTD (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 y±ZZZX BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 ifrv ,4k BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
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      Page 34 Advertisements Column 1
      1561 34 AS AGENTS: IM (IMBtf 1) FTC IT! (01 NO: *****73NNM/6ST KG NO: M2-MI73JM) I TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I MALAYSIA T* LK NAMTNI (MALAYSIA) SON IHO u TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SAIANA LAIIT MTBMUSA. TEL: JKT *****08 t,---
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      Page 34 Advertisements Column 2
      767 34 ®APPENSHIP /2V HAMBURG VIVA CONVENTIONAL A INDEPENDENT LINER SERVICE —S EUROPE TO SOUTH EABT ASIA AND FAR EAST WtSStLS LOADING PORTS OISCHARGE/LOAOMG FOR SUMMER HAM 30/04 SPORE 05/05. BKK FHUmON KLA 28/03 ANT 05/04 SPORE 05/05 BKK LORELEY HAM 23/03 ANT 28/03 SPORE 28/04 BKK. LAEM KOALA CONTAINER LINE p
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      Page 34 Advertisements Column 3
      348 34 e GOLDEN LINE:^ LftsV GUAM GUAM SNPPMG (PTE) LTD 1 a Trt* »ym Stmt 3MEAPOK IIM ra. UUM (II IMS) fm: U43SM <ca niziSswiw) ITBAIW/KIMAM CULT »MTICT S'pote P KHang Penang GOUO SIM Karachi Ma 24/11 *> TMK CMC! IIJKCtK (Mw IC/1I Apr CmUIMTKI Gami NOMXI China Ports 24/29 Apr
      348 words
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      Page 35 Advertisements Column 1
      993 35 PACIFIC INTERNATIONAL LINES (PTE) LTP^ 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I CR NO: **********06 i VCIML VOY BM IKK MM SM 1 KnrTuut ZT. vua TTIA MAJAPAHTC 4MI 19/4 13/4 17/4 KOTA MMI BBISN W4 13/4 17/4 ||t|(l( TEHATAI 4053 11/4 IS/4 It/4 KOTA MAM MMOIN 12/4
      993 words
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      Page 35 Advertisements Column 2
      1262 35 vessels *ot im—6 noTTmPMi wngr twmk u haw* wm K BT> 7432W 0»/04 07/05 04/05 OS/OS <*/<» 07/05 wm K mow* TOM U/04 ot/05 00/05 10/05 07/05 04/85 Hit H TUCAM UP3II 10/04 13/05 15/05 17/05 14/05 U/05 KMC* CAMO wm 22/n 24/K x/n 3/t> M/K •ALSO ACCEPTWG CARGO TO
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      Page 35 Advertisements Column 3
      394 35 BSA A. M MYANMA Pik FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'port P.KIg Pen P.Gdf KUVM HUDHU VIN In Port HPA-AR N2OIN In Part PAGAN V2O9W 15/17 Ayr MALAYSIA AGENTS: BOUSTIAO SHPfWC AGENOES KUL TEL 03-*****00 PKt 18. 03 3ttt7(7 PE* xa 04-C1613S PCD: IE 07
      394 words
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      Page 38 Advertisements Column 1
      3001 38 r'ACT'A siwetfOjcs CEHEKAL nam maiamskekts I A JNI A I COSTU SHIPPING PTE LTD Cftooi CMm Sftfeo* S* «M 2MM ffotf, KMC M* *1549 «2t7 ImUk Port Meteor 3CJIIK ct Not *****190 MM UCt HO: CCSU Hada ioo»or 03 241 «J< A TX M*IM UH& 22$ 19* BOOKIHCS: 22S 1t33
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      Page 38 Advertisements Column 2
      177 38 TO AUSTRALIA/NEW ZEALAND |W» tt. Ft— I >-» I W I I r wnam Si u/S m/ 4 v/ a aim MOsls M/ 4 21/4 It/4 1/S —i »7 575 H75 i 7/» SSS I 12* 24/5 i/» 575" 14/« 17/t yyt AUCKLAND TO USA/CANADA n 1* 1 CXrtwwl n«il»lll
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      Page 39 Advertisements Column 1
      658 39 (it FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 10/4 ROTTERDAM 10/4 AARHUS/COPENHAGEN 10/4 HAMBURG/BREMEN 10/4 MARSELLE/FRANCE 12/4 FaiXSTOWE/UK 10/4 BARCELONA/SPAIN TI/4 LEHAVRE/FRANCE tl/4 GENOA/ITALY Tl/4 ANTWERP/BELGIUM fi/4 LOS ANGELES/WC/P1 10/4 SYDNEY/MELBOURNE 10/4 NEW YORK/EC 10/4 FREMANTLE/AOELAIDE 0/4 VANCOUVER Tl/4
      658 words
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      Page 39 Advertisements Column 2
      1479 39 1 MM JKT IvEtOtl I VOY 1 Ml I MUM Tm 1274 1 AKA BHUM 131N Sun 10/4 Tim 12/4~^^l BKK I BHATRA BHUM 240 Sal 0/4 Tm 12/4 tmfM 11;) w><) I »/4 Wad 13/4 j WAMA HUM 2230 Tin 18/4 Sat It/4 >WWA jfjpjl «otl Th« 14/4~ Sal
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      Page 40 Advertisements Column 1
      1560 40 BANGKOK (062) 7 *****67 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 10/4 11/4 12/4 Hon| Konf Genoa/Barcelona 12/4 13/4 14/4 13/4 14/4 15/4 Hong Konf Ldn/Fl*/Rdm/Ant/Lhv/Ham 16/4 17/4 18/4 15/4 16/4 17/4 Honf Konf G'burf/Chafen/Shotoi/Oslo 17/4 18/4
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      Page 40 Advertisements Column 2
      209 40 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD lit HA HA SfORI r«1 HUANG fINMG aw MX 14 4 114 loadutg lot MMe RUVM HUDHU ?8 4 Dtvhugiaf jnd tot Boati) DOUMR 20 4 Loftkng fix Matr moil sum* is 4 lo«*n| foe NUtr IMC EDM It, 4 loading
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      Page 40 Advertisements Column 3
      1099 40 r JL THONG SOON UNES PTE LTD 1 I XNHTX 78 SHENTOH WAY #10-01, SINGAPORE 0207 I I Vy V/ TEL: 227-50 M FAX: 227-6011 I I TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I 4 r»o*rm moo* c SINGAPORE TO SARAWAK VESSEL J»OT I S PORE IPEST
      1,099 words
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      642 41 WgV'EVERETT ORIENT LINE" JAP AN/BAY OF BENGAL/JAPAN SERVICE ACCEPTM KMHU/SOC CMfiOIS TO/FKOM KOK. TOKOHMM. MfiOYft. MM, TOKYO*. HMU*. o***o* P««n|* P. KManc Sin(apart EUn* WYEVBIETT VIE 01/09 Apr 10/ll Apr KAMALEVERETT V2OE 24/25 Apr 21/27 Apr SHAPLAEVERETT V2OE 03/04 May acorns numuu/fci/uc cmgoes to/from cmttmok. calcutt* MB MOWLA* Sngapert P.
      642 words
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      Page 41 Advertisements Column 2
      245 41 w*l cuiY Mkmmm qmmT REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 26/4 2S/4 4/5 13/5 GLORY SELATAN VM 9/4 11/4 17/4 28/4 SP PKL HCM HK KAO GLORY SELATAN VI 16/4 19/4
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      Page 41 Advertisements Column 3
      568 41 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE kssel ~karacm KAPIAI 145-WW 00/04 20/04 ISLAMABAD 147-HN 27/04 06/05 HYDERABAD 120 WW 12/05 21/05 MAKRAN 147-HW 27/05 05/05 FAR EAST CONTAINER SERVICE ONLY ttSStl **W>T s*""* tsT* BSN** OSA MAC*" 7oil~~ HYDERABAD 121 0W 00/04 14/04 11/04 22/04 24/04 20/04 MARRAM
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      Page 41 Advertisements Column 4
      615 41 IIiTOIWMH FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS JIAN HE/82 11/04 24/04 28/04 27/OA HLNHE/104 26/04 04/05 10/ OS 12/ OS VI HE/98 11/ OS 24/ OS 2S/OS 27/ OS SHUN HE/103 28/ OS 09/06 10/08 12/06 TAO HE/84 1 I/O®
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      Page 41 Advertisements Column 5
      303 41 SIN FAN EAST 12/04 KEELUNG/KAOHSIUNG 10/04 BANGKOK 10/04 MANILA/CE6U 10/04 JAKARTA/BELAWAN/SURABAYA 11/04 PORT KELANG/PENANG/E. MALAYSIA 10/04 BUSAN 10/04 TOKYO/YOKO/KOBE/NGO/OSA 10/04 HONG KONG SHI CHINA (+B*±«fen) 10/04 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN QINGDAO HAIKOU also accepting LCL cargo S|N EUROPE/UK 11/04 LDN/FLX/LVP/SOU 11 /04 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. SjN
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      778 42 Handling System Co. Pte. Ltd. 136 ft 138, Neil Road, #03-00, Singapore 0208 VT7 VT7 M CFS-20, Qui Road, Singapore 2282 Tel: 02-*****28 Handling System Co. Sdn. Bhd. N0.9 Lorong Cungah, ***** Fort Klang, Selangor, Malaysia 24th Floor, UMBC Main Building, ***** Kuala Lumpur, Malaysia Handling System (HK) Co. Ltd.
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      Page 42 Advertisements Column 2
      389 42 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 20 APRIL (Accepting to aM Naw Zaaland porta) PENANG 14 APR JAKARTA 10 APR PORT KLANG 14 APR QAMOKQK 10 APR HON6KON6 10 APR MANILA V APR MELBOURNE 14 APR SYDNEY 14 APR FREMANTLE VI APR RRISRANE 14 APR I^^ootknrurT^^^lOAPß^^^^l 'ACCEPTING TO
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      Page 42 Advertisements Column 3
      652 42 Next Week's Sailings i— FIRST FORWARDER IN To: ETD To: ETD ASIA awarded Singapore Singapore ,so B* LRQA EVERY EVERY t Bangkok SUN Jakarta SUN EVERY EVERY /f^v^rOn Manila SUN Ho Chi Minh FRI fOl EVERY EVERY Colombo TUE Limassol THUR [_gg_j WTEMMTIONAL SEA FREIGHT FOMMRHNG Tel: Fax: AN) LOG6TICS
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      Page 42 Advertisements Column 4
      69 42 Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SJL GBF CMT Liner Espies* Agencies Pte Ltd Hot Line i 22-007-22 REGULAR SIIIGAPORt/YgTIIAM SOWCE VESSELS VOT NO ETA ETD OESTMTDN "CUD LONG ***** 01" t/M 11/4 13/4 VUN6TNI NRT "SONG HMT 3/94 15/4 11/4 MJNCTMU PORT "TAT 00" 2/94
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      1200 43 0 crystal freight services pte ltd LfIZSeHL. z,Z£T" mm 9 ss- —uwmi awn BANGKOK 12/4 AUCKLAND 20/4 ANTWERP 11/4 BUSAN 11/4 ADELAIDE 13/4 FEUXSTOWE 13/4 HONG KONG 13/4 BRISBANE 14/4 HAMBURG 10/4 JAKARTA 12/4 15/4 ROTTERDAM 10/4 SURABAYA 12/4 S?ln2?v \a,A KEELUNG 13/4 SYDNEY 14/4 KAOHSIUNG 17/4 I J-j.J.. SB*
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      Page 43 Advertisements Column 2
      266 43 b f mat r** d Potral—b Sandcas mi h m abstract fc— *tk mm dataßad t—l quality statistics wWdi Is aialad la partfclpatlaf iMpi—i. My haafcar parts km* bmm p lapii h pigipMtal n*m% fcr hmtty. Caagahiaa km fcm aiada wWi m Wwfcwl Snadfcatlaa IMb pafciihad by Carnal Manutiaaal ta
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      Page 43 Advertisements Column 3
      290 43 EC ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.31 JOJT* VOY IUOJOt MOWUMIKO DUMm] JAKARTA MMtfOM HOW *o*B maO«IBMA~| NMOVA VOMMMU~ VcSKLS wWta'*' 09 m oouaw«T cap? wu» mud wn 24*>/t>3 pipe/OA o»/o4 i>-ii/Q4" m. Miwmw mm maid wud umd otn/w ii u/m ao/tx am/04 «/04 PRawam mm m-n/m »i/n pi/04
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      430 44 VESSEL SWOWIRE VWWPWIFIC 9415H o</04 (FRI) 16/04 (SAT) WMWPWfH; 9415 AN 11/04 (MOW) 16/04 (SAT) JS^K^SL, JJffilS 9402H 15/04 (FH) I 23/04 (SAT) FRDAY MO MONDAY IHOTSE 9402 AW 18/04 (MOW) 1 23/04 (SAT) VESSEL I SWGAPORE GENERAL SANTOS CEBU VIGOUR ATLANTIC 9415E 08/04 (FRI) 14/04 (THU) 15/04 (FW) 17/04
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      Page 44 Advertisements Column 2
      325 44 .@|&&^-]&$(`(,.@$|(})';|:;&)(<& PT BAHARI HALUAN SAMUDERA Weekly COMMON FEEDER SERVICE ttssa wot smwok row kelawg mumi TAM BANG VIM 1019 1112/04 IH6/04 TAMBANG Vin 1020 18 19/04 22 23/04 NXWCSIAM WATfOUI 1) MKMT A -Kl A WAN- lAK ART A 2) MKARTA-fAMANE-MKMTA-SOMRANG-SURABAVA-SCMMAMG-MKARTA ©ORIENT FREIGHT SERVICES PTE LTD 163 TRAS STREET #10-05
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      19 44 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. BusinessEmes
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      686 44 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 o<oo 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 JR 2.1 1.7 1.4 1.1 1.0 10 1.1 1.5 2.0 2.4 2.6 2.5 22 1J 1.3 0.9 0.7 0.6 0.7
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      943 45 ▲HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 m m mt* w vessels vov aw urn awt* leh* ham I bkei fel 06/04 OS/04 09/04 H. CHALLENGER 309W 11/04 30/04 01/05 03/05 01/05 01/05 04/05 13/04 15/04 16/04 H. PIONEER 308W 18/04 06/05 07/05 09/05 07/05 07/05 10/05
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      Page 45 Advertisements Column 2
      542 45 I STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO i HEAVY LIFTS I INBOUND VESSELS I VESSEL NT 9 M IN II I NAM MM VSI 11/4 12/4 IS/4 17/4 I CNurm nuau ill sio 7/4 I KEtSHH 127 4/4 1/4 TRAMS AIM VH 11/4 I NAME SIT VI7 9/4
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      Page 45 Advertisements Column 3
      963 45 JEDDAH/UK/CONTTnENT SPORE in STON HMK RDM UN •Mm Act*** Cm F«: ESSEN EXPRESS 05/313 9/4 11/4 27/4 M/ 4 2/5 4/5 to il IR tfntrobon Mint aid DMh ELM 21/114 13/4 M/ 4 3/5 5/5 Rrttotai :I* M Anhmp. Amsterdam. 0* IMMtf MAMOVER ERPMSS 19/314 14/4 25/4 4/5 7/5 9/5
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