The Business Times, 22 April 1994

Microfilm: NL19363
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times i: KSOW ASIA MITA(P) 010/12/93 Friday April 22 1994 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow up 38 points in early afternoon
      68 1 Reuter NEW YORK Blue-chip stocks gained yesterday, buoyed by a sharp rise in the shares of International Business Machines Corp, a component of the Dow Jones index. IBM shot up USSS-1/8 to USSS7-3/8. At Ipm EDT on the NYSE, advances led declines 13-7
      Reuter  -  68 words
    • Article
      Lock icon Bosnian PM: Serbs issue ultimatum
      41 1 AFP SARAJEVO Serb forces besieging Gorazde yesterday issued an ultimatum threatening to "destroy everything" in the eastern Bosnian town if Muslim forces do not retreat into the town centre, Bosnian Prime Minister Haris Silajdzic said. AFP
      AFP  -  41 words
  • Article
    MARKET SUMMARY
    162 1 Stock market indices Thursday Change STII 2,231.29 +1.63 KLSEComp 1,028.91 -10.75 Nikkei 19.799.36 -82.82 Hang Seng 8,934.59 -286.42 SET Index 1,280.06 -2.32 Jakarta Comp 456.56 -1.9 CLSA China B 965.04 -13.23 Aust All Ord 2,029.6 -17.0 FTSE 100 3,101.2 +2.9 Thursday Previous 2pm close Dow Jones 3,636.48 3,598.71
    162 words
  • Article
    Khoo Kay Peng buys Murdoch's SCMP stake in surprise move
    621 1  -  From Ho Kay Tat RECLUSIVE Malaysian tycoon Khoo Kay Pong sprang a surprise yesterday by buying Rupert Murdoch's remaining 15.1 per cent stake in Hongkong's top newspaper company, South China Morning Post Holdings Ltd (SCMP). for HKS 1.036 billion (*****.7
    621 words
  • Article
    Lock icon Chinese firms win deals worth US$11b in 10-day US blitz
    354 1 Bloomberg Business News NEW YORK China's 10day US trade blitz has yielded contracts and agreements worth US$ll.l billion (5517.3 billion) at fairs in Los Angeles and New York, the official Xinhua news agency reported yesterday. Chinese business leaders and trade
    Bloomberg Business News  -  354 words
  • Article
    Finance houses' rate rise may trigger fresh increase in PLR
    399 1  -  By Shiv Taneja SINGAPORE Recent increases in fixed deposit rates by some major finance companies could pressure the Big Four local banks to raise their fixed deposit board rates, which in turn is expected to lead to another round of
    399 words
  • Article
    Lock icon Beijing and London to cool HK property prices with release of 117 ha of land
    372 1 Bloomberg Business News Reuter HONGKONG In a move aimed at cooling Hongkong's red-hot real estate market. China and Britain agreed yesterday to release 117.27 hectares of Hongkong government land for development in the current financial
    Bloomberg Business News; Reuter  -  372 words
  • Article, Illustration
    Stocks dive on land supply news
    297 1  -  From Lim Soon Neo in HONGKONG ALREADY skittish because of the threat of rising interest rates, the Hongkong stock market skidded yesterday following a government announcement to free more land for development to cool the heated property market. The Hang Seng Index dived by
    297 words
  • Article
    Lock icon US banks face curbs on use of derivatives
    365 1 Reuter WASHINGTON The Clinton administration's top bank regulator, hoping to avert future losses in the banking industry. said his agency may limit or prohibit national banks from using "exotic" financial derivatives deemed especially risky. Comptroller of the Currency Eugene Ludwig also said
    Reuter  -  365 words
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      203 1 k 4 Robust IBM profit, Page 16 CONTENTS News Companies S pore News 2 S pote-M'sia 17.18 Regional News 3-5 Financial 22 World News 8 Features Markets Analysis 15 Clob KLSE SES 2678 Editorial 14 Regional 24.25 Sports 9 World 24 TV/Lifestyle 11 Currencies 23 World Focus 7 Simen Commo
      203 words
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      26 1 Advertising Marketing: Pg 13 Ad revenue jumps I Air India plans f government stake Bentsen: US will not try to depress dollar against yen, Page 16
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      40 1 I 2 2 m Hock IjocU. Siew: p g n \r SCMP deal: Who's dou\g a favour? Hock Lock Siew: Who's doing whom a favour? Page 17 Singapore Employment Act should give companies more flexibility to transfer employees, Page 2
      40 words
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      59 1 The Bottom Line: Pg 16 mm J m l Hot summer for Thai cabinet K -'W ~mgm l <s$ i ii.. a. testoni BOLOGNA ITALIA T t* J#- V.V- V,t >- 7 > 4? -\Lk A •"•>: AT A. TESTONI BOUTIQUES #01-15/16 Hilton Hotel Shopping Gallery Tel: *****55 #01-10 Mandarin
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      26 1 YCH GROUP TRANSPORTATION WAREHOUSING SPECIALIST SINCE 1955 YOUR PARTNER IN TOTAL LOGISTICS ""~CALL: 862 2828 (20 LINES) FAX: 861-6366 Rest of the regional markets. Pages 24-28
      26 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon More firms set up, fewer closed down
        269 2  -  By Schutz Lee THE number of new companies formed in the first quarter of this year was 2,318. or 19% more than in the same period last year, in line with the continued robustness of the domestic and regional economies. The conducive economic
        Source: Registry of Companies/Businesses  -  269 words
    • Article
      Unionists want mechanism to ensure staff are consulted when companies restructure
      291 2 UNIONISTS yesterday called for a compulsory labour-man-agement consultation clause in the Employment Act to safeguard the interests of employees when their companies are restructured. While acknowledging employers' need to restructure by sometimes transferring workers to another company, unionists wanted
      291 words
    • Article
      Call for more flexibility in worker transfers
      321 2  -  Bth NTUC triennial delegates' conference Reports by Ramesh Divyanathan THE Employment Act should give companies more flexibility to transfer employees to another company as part of its restructuring exercise. Labour Minister Lee Boon Yang said yesterday. He said with global competition, companies might
      321 words
    • Article
      Skills upgrading key to staying competitive, says Boon Heng
      389 2 LOCAL workers have to upgrade their skills to help companies to restructure and shift to higher value-added work. NTUC secretary-general Lim Boon Heng said yesterday. But despite this, the globalisation of the world market would inevitably result in a widening wage
      389 words
    • Article, Illustration
      Lock icon HK teenager gets 12 strokes, 8 months' jail for vandalism
      478 2 The Straits Times HONGKONGER Shiu Chi Ho was yesterday sentenced to eight months' jail and 12 strokes of the cane after he was found guilty of four vandalism charges. The 17-year-old boy displayed no emotion when District Judge F G
      The Straits Times; Reuter  -  478 words
    • Article
      Seven bid for Matterhorn Building but reserve not met
      261 2 THE Matterhorn Building near Raffles Plaee which was put up for mortgagee sale by tender in January the fourth time in six years is believed to have attracted bids from seven interested parties. Estate agent Jones Lang Wootton would not comment
      261 words
    • Article
      Thong Chai Building draws, top bid of $3.9m
      123 2 ><? KE Cho Pte Ltd put in the highest bid of $3.89 million ($3,109 per sq m) for the 100-vear-old Thong Chai Building in an Urban Redevelopment Authority tender which closed yesterday. There were three other bids, ranging from $1.2 million to
      123 words
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      Page 2 Advertisements Column 1
      194 2 I history, earliest beginnings, Longines has made the happen in a close of technology Auguste Agassiz charted the destiny of Longines. As a forerunner, Longines provided instruments and timepieces to those who opened new frontiers, includ- ,^j ing Lindbergh, Byrd and I Amundsen. And Longines' I v^ v constant search
      194 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Exports give M'sian economy a strong boost in first quarter
      402 3 Bernama KUALA LUMPUR Malaysia's economy has kicked off to a good start this year by displaying exceptional strength in export sales in the first quarter, the Malaysian Institute of Economic Research (MIER), said yesterday. Attributing the higher exports to the
      Bernama  -  402 words
    • Article
      Lock icon Bapindo suspect Tansil offers 8 firms as compensation
      291 3 Reuter JAKARTA A leading suspect in a major Indonesian bank loan scandal has offered to give the government eight companies worth about 1.5 trillion rupiah (SSI.OB billion), the official Antara news agency said yesterday. The compensation proposal was made by Eddy Tansil,
      Reuter  -  291 words
    • Article
      Thai-S'pore Business Council to start later this year
      279 3  -  Reports by Loh Hui Yin in BANGKOK THE Thai-Singapore Business Council will be launched later this year to foster economic cooperation. This follows yesterday's first preparatory meeting to discuss details such as its size, structure and terms of reference, said a Singapore
      279 words
    • Article
      Lock icon KL to privatise packages worth M$2.5b in new airport
      254 3 MBT KUALA LUMPUR The Malaysian government has identified "several packages" costing an estimated M 52.5 billion (SSI.4 billion) for privatisation under the first phase of the Kuala Lumpur International Airport (KLIA) project at Sepang. Deputy Prime Minister Anwar Ibrahim said these
      MBT  -  254 words
    • Article
      Thai coalition to discuss Chamlong's cabinet revamp plan
      215 3 BANGKOK Power brokers of Thailand's ruling coalition are to meet over the next few days to consider partner Palang Dharma Party's decision to reshuffle its slate of cabinet ministers. Investors, meanwhile, adopted a wait-and-see attitude on the latest development for the Chuan
      215 words
    • ASIA NOTES
      • Article
        US$40m loan for Subic project
        105 3  -  By Alec Almazan m ILA The World Bank wi lcnd the Philippines US$4O million (5562.4 million) to help convert the former US naval base at Subic Bay into a free port and industrial estate. The funds will be used for roads and bridges, airport improvements,
        105 words
      • Article, Illustration
        Lock icon Medan protests enter second week
        83 3 Reuter MEDAN Scattered strikes yesterday kept most factories on the outskirts of this Sumatran city closed as worker protests against low wages and alleged government collusion with big business entered their second week. Thousands of workers demonstrated outside factories in several satellite towns. The city
        Reuter  -  83 words
      • Article
        Lock icon Gatt chief to attend KL meeting
        89 3 Bernama KUALA LUMPUR General Agreement on Tariffs and Trade (Gatt) director-general Peter Sutherland will address the 27th Pacific Basin Economic Council international general meeting here next month. Malaysia's PBEC chairman Basir Ismail said yesterday Mr Sutherland's presence offered a chance for the private sector
        Bernama  -  89 words
      • Article
        Lock icon Japan's household spending down
        54 3 AFP TOKYO Japan's February household spending fell an infla-tion-adjusted 0.5 per cent from a year earlier to 299,585 yen (554,531), the first year-on-year drop in five months, the Management and Coordination Agency said yesterday. An official attributed the decline to sharp falls in buying of clothing
        AFP  -  54 words
      • Article
        Lock icon S Koreans won't need visa for Canada
        57 3 AP SEOUL South Korean visitors will be able to stay in Canada without a visa for up to six months, Canadian Governor-General Ramon Hnatyshyn told President Kim Young Sam yesterday. Mr Hnatyshyn, who arrived yesterday for a five-day trip, is the first Canadian
        AP  -  57 words
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      238 3 The Bottom Line: A long hot summer ahead. Page 16 colour ppm colour *-."41%\ *1 technology I i M Nivllfßl HD H Affordable iStt'* p f y Hewlett-Packard brings you two great ways to vibrant colour, all for the price of an office laser printer. a guarantee of reliability and
      238 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Copyright blitz kicks off
        91 4 Bloomberg Business News BEIJING The Chinese authorities have raided stores selling pirated compact discs and videos in southern Guangdong province to kick off a nationwide blitz against copyright violations, the official China Daily says. The newspaper, citing local media reports, said Guangdong trade inspectors closed more
        Bloomberg Business News  -  91 words
      • Article
        Lock icon NT$1b devoted to wildlife protection
        62 4 Reuter TAIPEI Taiwan, seeking to avert US trade sanctions, will spend NTSI billion (5558.8 million) over the next three years to strengthen protection of endangered wildlife, officials said yesterday. The cabinet's Council of Agriculture will use the funds to crack down on the smuggling of
        Reuter  -  62 words
      • Article
        Lock icon 220 Chinese enterprises sell assets
        87 4 AFP BEIJING China's largest property rights market began its first full day of trading yesterday in Shanghai, the Xinhua news agency said. A total of 220 enterprises from 11 provinces and municipalities have put assets up for sale on the Shanghai Enterprises Assets Exchange. "This
        AFP  -  87 words
      • Article
        Lock icon Last attempt to avert trade sanctions
        69 4 AP BEIJING Chinese Vice-Premier Zou Jiahua will visit Washington this month for what will likely be a last-ditch effort to avert US trade sanctions, the government announced yesterday. President Clinton has threatened to cancel China's most-favoured-nation trade status, raising tariffs on Chinese products, unless
        AP  -  69 words
    • Article, Illustration
      Suzhou brings in 5,000 workers to speed up Shanghai highway
      369 4  -  Move will help construction of S'pore township development By Schutz Lee SINGAPORE The Suzhou Municipal government has mobilised 5.000 workers to speed up the building of a highway- connecting the city to Shanghai a move which appears to be aimed
      369 words
    • Article
      Lock icon China to inject special loans in May to help debt-ridden state companies
      344 4 Bloomberg Business News BLIJINCi China's central hank will inject special loans starting next month to hreak a chain of debt-crippled stateowned companies, the official Financial Ann reported. Dai Xianglong. Nice-gover-nor of the People's Bank of China, said state
      Bloomberg Business News  -  344 words
    • Article, Illustration
      Lock icon Beijing defends oil deal in the Spratlys
      357 4 AFP BEIJING A Sino-Vietnam-ese territorial row over the Spratly islands intensified yesterday. with China defending as "totally legal'' its deal with an American company to explore for oil in the disputed island chain. "China has irrefutable sovereignty over the Spratly islands and adjacent
      AFP; File photo  -  357 words
    • Article
      Lock icon British parliamentary report on Hongkong slammed
      290 4 Reuter BEIJING China yesterday criticised sharply a British parliamentary report on Hongkong, saying that it showed London wanted continued confrontation with Beijing in the style of 19th Century colonialists. The House of Commons Foreign Affairs Committee last week backed London's uncompromising approach towards China
      Reuter  -  290 words
    • Article
      Lock icon Li's visit revives Silk Road ties but obstacles still remain
      317 4 Reuter BEIJING China said yesterday that Premier Li Peng's visit to central Asia marked a renaissance of friendship along the Silk Road but much still had to be done to make trade match the diplomatic rhetoric. The official press has
      Reuter  -  317 words
    • Article
      Lock icon Beijing to introduce market oriented controls, says official
      102 4 Bernama-Xinhua XIAMEN China has decided to introduce a market-ori-ented macro-economic control system nationwide, says a senior government official. Wang Yiping. secretary -general of the state economic and trade commission, told a national conference on market circulation in Xiamen that the government would
      Bernama-Xinhua  -  102 words
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      Page 4 Advertisements Column 1
      295 4 Austria '95 JmINGA P O R E May 16th 17th. 1994 jffr' 2.00 p.m. 6.30 p.m. ANA Hotel Singapore For the 15ih consecutive year, leading designers and manufacturers from Austria will present the latest fashion materials and accessories to buyers and agents in South East Asia Please indicate the companies
      295 words
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      Page 4 Advertisements Column 2
      89 4 An Eye for the Finer Points in Writing The uni-ball micro ÜBISO has been transformed into a fine writing accessory. The stainless steel precision tip and controlled ink flow system ensures formance. Its unique see-through ink reservoir shows ink balance right down to the last drop. Available in regular Red,
      89 words
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  • REST OF ASIA
    • Article
      Lock icon Bankers say Indian reforms may help lift credit rating
      396 5 Reuter BOMBAY Bankers say the success of India's economic reform programme may pave the way for an improvement in the country's international credit rating. Bankers and economists said they hoped India's rating could move up a notch to in-vestment-grade level, which
      Reuter  -  396 words
    • Article
      Lock icon Rao denies Indian missile programme is on hold because of US pressure
      280 5 AFP NEW DELHI Indian Prime Minister P V Narasimha Rao yesterday dismissed a report that India had temporarily frozen its ambitious ballistic" missile programme under US pressure. "There is no pressure from the United States" for a freeze
      AFP  -  280 words
    • Article, Illustration
      Lock icon Cement plant's bed of roses
      47 5 Reuter ISLAMABAD A gardener tending rose-beds at Fecto cement plant in Islamabad's industrial area on Tuesday. The company says its L S-manufaetured plant, which produces 2.000 tonnes of cement per day, is Pakistan's only computerised and pollution-free unit of the type. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Aussie central bank sees no need to raise interest rates
      247 5 Bloomberg Business News SYDNEY The Reserve Bank of Australia, the nation's central bank, said inflation remains in check and there is no immediate need to lift interest rates. "The prospects for another year of low inflation during 1994 appear good
      Bloomberg Business News  -  247 words
    • Article
      Lock icon Japan's coalition reaches compromise over policies
      461 5 AFP TOKYO Japan's ruling coalition reached a compromise over a policy platform yesterday. after teetering on the brink of break-up and delaying Foreign Minister Tsutomu Hata's election as Prime Minister, reports said. The Social Democratic Party (SDP). which had opposed proposals for an outright
      AFP  -  461 words
    • Article
      Lock icon Hosokawa hits out at bureaucrats
      111 5 AFP TOKYO At a dinner with Chief Cabinet Secretary Masayoshi lakemura on Wednesday, Morihiro Hosokawa said he had wanted to try to "stand up" to the bureaucrats, but failed. The Main ic hi Shim hurt reported yesterday that Mr Hosokawa said he had tried to
      AFP  -  111 words
    • Article
      Lock icon Japanese finance minister may not attend G-7 talks
      212 5 AFP WASHINGTON Japan may not be able to send its finance minister to a G-7 meeting here this weekend because of the political turmoil at home. Japanese embassysources said on Wednesday. Japan's finance ministry will certainly be represented at Sunday's meeting in
      AFP  -  212 words
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      212 5 YOU DRIVE YOUR COMPANY TO THE HIGHEST STANDARDS.«kJk y ...SO DO WE. The moment you step out from the boardroom and into the Citroen XM you'll realise that here is driving pleasure without compromise. Exacting standards begin with I4sbhp of power at your disposal in a 2.0 Turbo or 170bhp
      212 words
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      655 6 I Walker. I I Play best of 12 to score a win! I I With every bottle of 75cl Johnnie Walker Black Label, I I you could be in the running for these sensational prizes. I I How to Qualify Three Monthly Draws I I Now with every 75cl bottle
      655 words
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  • WORLD FOCUS
    • Article
      Businessmen get help to open political doors
      956 7  -  PM Goh's visit to Germany and Britain Reports by Walton Morais in LONDON IT had been a whirlwind and sometimes exhausting schedule, but Prime Minister Goh Chok Tong's visit to Germany and Britain, which ended on Wednesday, achieved all that it had set
      956 words
    • Article, Illustration
      Most European companies enthusiastic but some have reservations
      344 7 WHILE European businessmen were generally enthusiastic about the call to team up with Singapore to ride the economic growth of Asia's emerging markets, they did voice some reservations. These ranged from whether Asian governments were committed to liberalising their protected markets; political
      344 words
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      467 7 v :%l ~waßffrwTlHiHT •r jL, -'y7v m y had a** reliable, I'd be dead. Its as simple as that!' So said explorer Robert M Swan about the timepiece that M helped him navigate the adventurer Janusz Kurbiel notes: "When you can't rely on external (JP* 1 time checks, a watch
      467 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon IMF approves US$1.5b loan to Russia
        104 8 NYT WASHINGTON Ihe International Monetary Fund gave the Russian government a much-sought vote of confidence on Wednesday and approved a USSI.S billion (552.3 billion) loan that had been delayed for months because of fears that Moscow was not committed to aggressive economic reform. The
        NYT  -  104 words
      • Article
        Lock icon Japan: IMF forecast too pessimistic
        58 8 AFP TOKYO Japan's vice-trade minister yesterday dismissed the latest forecast by the International Monetary Fund showing the Japanese economy growing by 0.7 per cent this year. "It was too pessimistic." said Hideaki Kumano. Japan's Economic Planning Agency has forecast a 2.4 per cent rate of
        AFP  -  58 words
      • Article
        Lock icon Europe hails Clinton's Bosnia stand
        87 8 AFP LONDON European leaders yesterday welcomed US President Bill Clinton's stand on Bosnia as Moscow announced a joint US-Russian proposal for an international summit on the crisis. In Washington, the White House yesterday declined to confirm reports that Mr Clinton and Russian leader Boris Yeltsin
        AFP  -  87 words
      • Article
        Lock icon Rabin's cabinet secretary resigns
        79 8 AFP JERUSALEM Elyakim Rubinstein. Israel's cabinet secretary, resigned yesterday, but will remain in charge of the delegation to bilateral peace negotiations with Jordan, officials said. Mr Rubinstein becomes legal adviser at the Defence Ministry and Prime Minister Yitzhak Rabin's official deputy for the Jordanian talks. The
        AFP  -  79 words
      • Article
        Lock icon Dutch unemployment accelerates
        103 8 Reuter VOORBURG. Netherlands Dutch unemployment is growing at the fastest rate since World War 11. the Central Bureau of Statistics (CBS) said. The average number of people unemployed in the three months to March rose to 520.000 or 8.1 per cent of the labour force from 391.000
        Reuter  -  103 words
      • Article
        Lock icon Argentina's economic growth to top 6pc
        94 8 Reuter BUENOS AIRES Argentina's economic growth rate will top 6 per cent in 1994, Economy Minister Domingo Cavallo predicted. "Economic growth will top 6 per cent in 1994, the same as it did in 1993 and in the two previous years", Mr Cavallo said
        Reuter  -  94 words
    • Article
      Lock icon IMF voices concern over world long-term rate rises
      505 8 But it urges Fed to push short-term US rates still higher to curb inflation Reuter Bloomberg Business News WASHINGTON The International Monetary Fund has voiced concern about the rise in global long-term interest rates but said it may largely be a market
      Reuter; Bloomberg Business News  -  505 words
    • Article
      Lock icon Capital flood forming bubble markets: IMF
      451 8 Reuter WASHINGTON The recent surge of foreign investment into the emerging markets of Asia and Latin America may be a bubble threatening to burst, the International Monetary Fund warned in a report on Wednesday. In its semi-annual World Economic Outlook, the IMF painted an
      Reuter  -  451 words
    • Article
      Lock icon US new dole applications 23,000 more than expected
      190 8 Reuter WASHINGTON New applications for state unemployment benefits were a stronger-than-expected 364,000 last week, the Labour Department reported yesterday, suggesting continued weakness in the jobs market. The department revised upwards its total from the previous week, to 350,000 from 348,000. Wall Street
      Reuter  -  190 words
    • Article, Illustration
      Lock icon Zulus' protest march turns into election rally
      60 8 AFP ULUNDI, South Africa Overall view of thousands of Zulus marching on Kwazulu, the capital of Ulundi, on Thursday after a protest march turned into an election rally following the Inkatha Freedom Party's decision to contest in the April 27 first multiracial elections
      AFP  -  60 words
    • Article
      Lock icon US senators threaten to stall world trade agreement if farm spending is cut
      327 8 AP WASHINGTON In the most serious challenge yet to congressional approval of a new global trade agreement, the Senate Agriculture Committee threatened on Wednesday to withhold support if farm spending is cut as a result. The threat
      AP  -  327 words
    • Article
      Lock icon UN body switches to private sector industries
      323 8 Unido chief tells of new tack to boost industrial development worldwide Reuter NEW DELHI The United Nations' main industry body is turning away from big state projects to the private sector to promote industrial development worldwide, its head said yesterday. Mauricio de Maria
      Reuter  -  323 words
    • Article
      Lock icon EU chemical industry's environmental effort dismissed by ecologists
      487 8 Reuter LONDON European chemical companies are dedicating a growing chunk of their expenditure to environmental protection an effort they see as vital to their survival but which ecologists dismiss as "greenwash". The European chemical industry spent 2.6 billion ECUs (554.63 billion) 12
      Reuter  -  487 words
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      Page 8 Advertisements Column 1
      155 8 mlmfmMim Iredict the highest and lowest trading price when the Berger Paint's shares trade on a "when issued" basis from 20 April to 29 April 1994. If your prediction is right, you will stand to win one of the three $l ,000 cash prizes we are giving away. Just cut
      155 words
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  • SPORTS
    • Article, Illustration
      Lock icon Presidents Cup to be played in Virginia
      253 9 Golf AP PONIE VEDRA BEACH. Florida The inaugural Presidents Cup Match will be played at the Robert Trent Jones Golf Club on Lake Manassas in Gainesville. Virginia, the US PGA Tour announced on Wednesday. The Presidents Cup. an international match play competition between
      AP  -  253 words
    • Article, Illustration
      Training for the approach shot
      124 9  -  Golf tips by Patrick Sherry by_ Patrick Sherry HOW MANY TIMES a round does your ball land and stay on the green with a full swing? You can improve your score by adopting a simple training method for the approach shot. The next time you
      124 words
    • Article
      Lock icon Prices of tickets grow as baseball stadiums shrink
      603 9 Bloomberg Business News NEW YORK There was a time when a father could treat his son to an afternoon of tradition. nostalgia and dreams. For a couple of dollars, bleacher seats at the baseball park were easy on the wallet. It may
      Bloomberg Business News  -  603 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Athletics
        149 9 AP MONTfc CARLO, Monaco Twenty-five Chinese athletes, including the world's top women distance runners, have pas\'d recent out-of-competition drug tests. Christopher Winner, spokesman for the international Amateur Athletic Federation, confirmed on Wednesday that 21 women and four men submitted to unannounced tests on March 7-8 in Beijing. The urine
        AP  -  149 words
      • Article, Illustration
        Lock icon Basketball
        64 9 Reuter ORLANDO, Florida Shaquille O'Neal poured in an unstoppable 53 points to help the Orlando Magic clinch the fourth play-off spot in the Eastern Conference with a 121-101 rout of the Minnesota Timbervvolves on Wednesday. Other results: Charlotte 117 Washington 111; Orlando 121 Minnesota 101: Indiana 109 Cleveland 98:
        Reuter  -  64 words
      • Article, Illustration
        Lock icon Boxing
        131 9 Reuter LAS VEGAS Heavyweight champion Evander Holyfield and challenger Michael Moorer both weighed 97 kg on Wednesday for their title light today. Both men appeared to be in excellent shape, and Holyfield. 31. displayed his usual chiselled physique. Holyfield. who will defend his World Boxing Association and International Boxing
        Reuter  -  131 words
      • Article, Illustration
        Lock icon Cricket
        120 9 AP ST JOHN'S, Antigua Centuries from captain Mike Athcrton and Robin Smith continued the recordbreaking and steered England to safety at 442 for six wickets against West Indies at the close of the fourth day of the fifth and final cricket test on Wednesday. England resumed at 185 for
        AP  -  120 words
      • Article, Illustration
        Ice hockey
        43 9 NEW YORK NHL Eastern Conference first-round play-offs Wednesday: Detroit 4 San Jose 0 (Best-of-seven series tied 1-1): Toronto I Chicago 0 (OT. Toronto leads series 2-0): Dallas 4 St Louis 2 (Dallas leads 2-0): Calgary 7 Vancouver 5 (Series tied l-l).
        43 words
      • Article, Illustration
        Lock icon Rugby
        114 9 AP GALASHIELS, Scotland The defending champion US team conceded its first points of the competition but still crushed Wales 56-15 on Wednesday to reach the final of the women's World Cup. In Sunday's final at Edinburgh, the Airier- icans will meet England in a repeat of the 1991 final.
        AP  -  114 words
      • Article, Illustration
        Lock icon Tennis
        213 9 AFP AFP WHITE PLAINS, New York A rccord U559.36 million (5514.6 million) in prize mone> will he on otTer at the US Open championships at Flushing Meadow from Aug 29 to Sep 11. The men's and women's singles champions v\ill each earn USSSSO.IKX>. an increase of USSIS.(XK) over last
        AFP  -  213 words
      • Article, Illustration
        Lock icon Baseball
        233 9 Reuter EOS ANGELES South Korean pitcher Chan Ho Park was sent down to the minor leagues on Wednesday by the Los Angeles Dodgers. Park. 20. was sent to San Antonio of the Double-A Texas League after going 0-0 in two relief appearances with an 11.25 earned run average. Me
        Reuter  -  233 words
    • Article, Illustration
      Lock icon So who pulled the cape from under my feet?
      43 9 AFP SEVILLE, Spain Matador Jose 'Joselito* Arroyo admiring his handiwork after sending his hefty foe into a spin at a bullfight held at the La Maestranza ring in this Spanish city on Tuesday AFP
      AFP  -  43 words
    • Article
      Lock icon World record marks Pakistan's entry into Cup final
      373 9 AFP SHARJAH. UAE Pakistani batsmen Aamar Sohail and In-zamam-Ul-Haq compiled a world record partnership on Wednesday to lift the World Cup champions into the Australasia Cup final here. The pair put on 263 for the second wicket as Pakistan downed New Zealand
      AFP  -  373 words
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      Page 9 Advertisements Column 1
      555 9 IQI.I. IKI I-: II I N.> 1-800-741-1883 I-AX 741-1298 Kol HUP SENG HUAT CO. LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of Hup Seng Huat Co. Ltd are pleased to announce the following unaudited interim results of the Company and of the Group for the six months
      555 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1402 10 L" P !7, fr. d WHERE TO WINE, DINE AND ENTERTAIN »E^OF FRESPfI .PASTA DAI LY. F From Pasta Fresca. The only restaurant to make its own specialty pasta. Fresh. everyday. Savour perfect pizza, great gelati and terrific tiramisu. All topped with Italian hospitality. Pasta Fresco Da Satvators Pie Ltd
      1,402 words
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  • LIFESTYLE
    • Article, Illustration
      No happy ending
      771 11  -  Singapore Film Fest 1994 And The Band Played On is a film about the early days of the Aids epidemic Shahiron Sahari reviews the movie and concludes that there will be Shahiron Sahari ONE theory about Aids one I've heard from several diverse sources connected only by
      771 words
    • Article
      Lock icon Getting to the bottom of nudity
      194 11 Reuter DOES exposing one's buttocks in a ballet performance of Shakespeare's A Midsummer Night's Dream constitute semi-nudity? An Australian trade union and an employers' body are at odds over the question. Behind the controversy is the entitlement of Australian dancers to an allowance of
      Reuter  -  194 words
    • Article, Illustration
      Lock icon Thanks, but no thanks
      624 11 CHATTERBOX UPI UPI UPI UPI AP Reuter ALICE WALKER, who won a Pulitzer prize in 1983 for her novel The Color Purple, has written extensively about female genital mutilation, so she was more than shocked when she received an award statuette from the annual Governor's Art
      UPI; AP; Reuter  -  624 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      82 11 Secretaries' L/W*E E K 25 -29 April behind every successful man is a woman the _>—25 &26 and 28 &29 April Set- lunch at Ss2B.ooper person 27 April 00 Set-lunch at Ss32.ooper person Price it tubject lo 10% urvict charge aid government uaet including GST. Dally Highlights *Lucfy draw fashion
      82 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1269 11 TV RADIO The Guns and the Fury, Ilpm, SBC 5 Peter Graves. Albert Salmi and Cameron Mitchell flounder the sands of Persia in the early marauders go Arab y 'up r of Beverly Bpm. SBC 5 How a to to loot the above Ken Passionate Killing in the Dream, SBC
      1,269 words
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  • ADVERTISING & MARKETING
    • Article
      Lock icon US giant retailer Sears moves into cosmetics
      672 12 Joint venture formed with Lancome's Pierre Rogers NYT WATCH out. Estee Lauder. Elizabeth Arden. Laneome and Kcvlon. Sears. Roebuck Co is going into the beauty business. The giant retailer announced on Wednesday that it had formed a joint venture to develop and market
      NYT  -  672 words
    • Article, Illustration
      STPB ad entry rated the best
      251 12  -  By Joycelyn Shu WHAT do a dragon boat, a madcap couple ar.d a polar bear have in common? They helped the Singapore Tourist Promotion Board (STPB) to clinch a silver medal at the New York Festivals TV Cinema Advertising Awards. Ihe STPB's award in
      251 words
    • Article, Illustration
      Lock icon Ad revenue posts first quarter jump
      462 13  -  Newspapers stay in the lead while radio is the fastest growing medium for third year. Corinne Kerk reports Corinne Kerk TOTAL advertising expenditure in the first quarter of this year rose an impressive 20.7 per cent to 5i99.5 million, with newspapers retaining the lion's
      Source: SRS Adex  -  462 words
    • Article
      Aussie board to help perk up HDB shops
      294 13  -  By Joycelyn Shu Neighbourhood mom and pop shops will soon have attractive product displays to rival those found in supermarkets. This will be made possible by a tie-up between the Australian Horticultural Corporation (AHC) and the Singapore ffcqiail Promotion Centre Together, they
      294 words
    • Article, Illustration
      Omega sets space challenge
      363 13  -  By Corinne Kerk BEING the first watch on the moon is something special, and the makers of the Omega Speedmaster chronograph have not forgotten that. It was the Omega Speedmaster Professional wristwatch that followed Neil Armstrong to the moon on July 20, 1969. Since then. Omega
      363 words
    • COPY LINES
      • Article
        Needham clinches Yeo account
        45 13 SINCiAPORL Be \e ragemaker Yeo Hiap Seng has appointed DDB Needham Singapore as its agency for four product lines. The account is expected to vield 51.5 million in hillings domestically, and involves H-TYVO-O Isotonic. Ki/zi. Junior Juice and MOO! Milk products.
        45 words
      • Article
        John Holland is Edelman's chief
        61 13 SINGAPORE Edelman Public Relations has appointed Mr John Holland as managing director of its Singapore office. Mr Holland has worked with Edelman for the past two years and was previously head of the company's Melbourne office in \ustraha. His work in public relations covers financial/investor
        61 words
      • Article
        B-M is largest PR firm in world
        96 13 SINGAPORE Burson-Mar-steller (B-M) has been ranked as the world's largest public relations firm by Jack O'Dwycr's At'u slcinr. a New York publication that annually ranks public relations agencies. Worldwide. B-M earned L'SS 192.5 million (*****.7 million) in net fees in 1993. Asia was
        96 words
    • Article
      Lock icon Tambrands banks on smaller tampons to rescue firm
      622 13 NYT BtLEAGUERHD Tambrands Inc. one of the most troubled namebrand consumer marketers, is hoping an innovative new product will help revive its flagging fortunes. Beginning in September. Tambrands plans a multimil-lion-dollar advertising campaign by BBDO New York its largest introductory effort ever
      NYT  -  622 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      151 12 It's not the most expensive car in its class, just the smartest. B While most luxury cars tend to carry a side impact protection; it's all there. high price tag, our Saab 900S 2-litre And leather upholstery prefers to carry a high intellect. automatic transmission as standard, the Take our
      151 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      93 13 Looking for a British Bargain? Check out the Offers from the British \M'J Booking Centre! Halt Price UK Car Rental Irom £20 a day j J/Jk/JWyj London Hotels from £24 a night Over 1400 B&B and Farmstays vUA You name it —We have it! Call or write v tor a
      93 words
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      Page 13 Advertisements Column 2
      114 13 ACROSS THE NATION AROt NI) THE WORLD "Adelaide's Most Significant Retail Opportunity" r r 86 Rundle Mall, Adelaide, South Australia The Tenant: "WOOLWORTHS" The Term: 16 YEARS (until 31 December. 2009) Located in the heart of Adelaide's Premier Retail Precinct. Substantial improvements over five levels. Frontage: 37.95 m Site Area:
      114 words
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      Page 13 Advertisements Column 3
      143 13 The Chartered Institute I VjMflof Marketing (UK) I DIPLOMA i ic* I MARKETING This is special Intensive Diploma Course (IDC) M conducted especially for Experienced Managers. This J| course is conducted over 6 months instead of the normal 1 or 2 year programme. The IDC will prepare Managers for the
      143 words
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  • Article
    Cambodia's last battle for peace
    564 14 EDITORIAL FOR the first time in three decades Cambodia is at peace. Well, almost. A year of calm since the elections last May was too good to be true. This week, the rare peace was disturbed by the Khmer Rouge, who else. Their guerillas recaptured
    564 words
  • WHAT THE OTHERS SAY
    • Article
      Not hostage to the US
      227 14 THE PROPOSED World Trade Organisation (WTO) will have to steer a course between the Scylla of the Clinton Administration's hyperbole on workers' rights and the Charybdis of the United States Congress' penny-pinching if it is not to betray the hopes of the entire global community.
      227 words
    • Article
      End the arms embargo
      212 14 THE FALL of Goradze. an important citadel of Bosnian Muslims, is a clear indication that Nato and the US have lost their guts to protect the defenceless Muslims. Western Europe, Nato and the US did not want to get involved in the Balkan crisis. But they
      212 words
    • Article
      Relate as equals now
      124 14 BRITAIN must face up to changes in reality to maintain its historical ties in Asia. Firstly, Britain's influence in Asia and the world has waned, now that its former colonies have gone independent and its power has declined. Secondly, there have been many changes in the
      124 words
    • Article
      The business of education
      126 14 IT IS a common happening, avarice getting the better part of honour. The ongoing operation against private colleges reinforces what has long been suspected that the private education industry has only a sanctimonious interest in education. The true motivation is profit, its interests in education largely
      126 words
    • Article
      Protect the Bosnian Muslims
      168 14 BOSNIAN SERB forces with tanks advanced into the Bosnian Muslim town of Gorazde on Sunday, prompting widespread panic in the United Nations' designated "safe area". It is clear that the United Nations has been unable to prevent Serb tanks from entering Gorazde because the world body
      168 words
    • Article
      Fend for yourself
      183 14 IT IS the same sad song. The single cause of the wretched human condition can be pinned down to man's inhumanity to man and the mad lust for money and power. In the century and millennium drawing to a close, a thousand wars, big and small, have
      183 words
  • Article
    Lock icon No need for alarm over Japan-US relations
    1052 14  -  Nobuo Matsunaga outlines bold economic reforms that Tokyo can make which should satisfy the US and even suggests shifting the capital out of Tokyo Nobuo Matsunaga The writer, a former ambassador to the United States, is president of the Japan Institute of International
    IHT  -  1,052 words
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      Page 14 Advertisements Column 1
      269 14 Knocking on Wooa What kindled the timber fever and can timber stocks tjL/ deliver what they've L promised? ALSOJNTHISJSSU£. 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 I I Get your
      269 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      103 14 BCNCAIH "TMPiT ICY CftLM |66T CM WITH YOUR WOKKV RflW! WRior. weße .s ft I *HJ \D\OTIC HALF M 1...)} JSWD VOLCWOPBOUT TO epu=r \*OOUT HwyJ <>170 c A4SOCIATCO NCWSTATCKS LTO.tMI-I*M ftirfl,. DOONESBURY GARRY TRUDEAU I" \T rrs a m w&BeiNG 1 jij ArfOt/J M5MC££ lA I J...J SUDDENLY I
      103 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Looking for 'black gold' in Cambodia
      1624 15  -  Things are looking up for oil exploration in Cambodia. Harish Mehta, recently in the country, reports on the war-torn nation's oil prospects following its first two discoveries this year an encouraging two strikes in three months Harish Mehta, NHEP Bunchin has several little bottles
      Source: Cambodia Ministry of Industry  -  1,624 words
    • Article, Illustration
      Keating tries nudging Australia closer to Asia
      1485 15  -  Peter Osborne examines the case for and against the proposed Afta-CER link Peter Osborne AUSTRALIAN Prime Minister Paul Keating, who ended his eight-day tour through Indochina last week, has committed Australia to an Asian future with an ambitious plan to link the nation
      1,485 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      26 15 "Ideal in cameras. Andlknow whereto getgood exposure." V 5W8789/ 4 o "ler' ac^ gnph jJ *****18 (sIVVE&i TO** SSi£ I Call today for results tomorrow. 737-1166
      26 words
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  • Article
    Lock icon US does not aim to depress dollar against yen: Bentsen
    488 16 Bloomberg Business News, Reuter WASHINGTON The US won't attempt to devalue the dollar against the Japanese yen. Treasury Secretary Lloyd Bentsen said yesterday. Some currency market traders have been expecting the US to push the dollar lower against the yen
    Bloomberg Business News,; Reuter  -  488 words
  • Article
    Lock icon IBM stuns with robust US$392m profit
    346 16 Reuter ARMONK, New York International Business Machines Corp yesterday reported a surprisingly robust US$392 million (*****.5 million) profit for the first quarter, but warned that its turnaround from massive losses of recent years was not complete. The world's largest computer company said its revenues,
    Reuter  -  346 words
  • Article
    Lock icon Shenzhen's high costs driving away investors: report
    244 16 Bloomberg Business News BEIJING Rising costs and regional competition are driving investment from Shenzhen, China's showcase for market reforms, the official Guangming Daily newspaper reported yesterday. Investment in the first two months of 1994 fell 12 per cent to 5.75 billion yuan (SSI
    Bloomberg Business News  -  244 words
  • Article, Illustration
    SM Lee: universities have a role in re-educating Australians about Asia
    382 16  -  From Chuang Peck Ming AUSTRALIAN universities have a role to play in re-edu-cating Australians about Asia and thus help in Australia's move to link up with the region. Senior Minister Lee Kuan Yew said yesterday when he was conferred
    382 words
  • Article
    Lock icon Ford to realign empire in bid to save up to US$3b a year
    154 16 Reuter DEARBORN. Michigan Ford Motor Co, moving to streamline the operation of its far-flung worldwide automotive empire, yesterday announced a major realignment of its businesses, to be implemented over the next few years. Under the plan, which
    Reuter  -  154 words
  • Article
    Lock icon KL, Bangkok see landmark offshore oil deal boosting ties
    272 16 The Straits Times KUALA LUMPUR Malaysia and Thailand, setting aside their overlapping territorial claims in the Gulf of Thailand, yesterday formalised a deal to jointly exploit petroleum resources in the disputed waters. Prime Minister Mahathir Mohamad and his Thai counterpart Chuan
    The Straits Times  -  272 words
  • Article, Illustration
    A long hot summer as Thais get set for cabinet reshuffle
    774 16  -  The Bottom Line LOH HUI YIN LOH HUI YIN The writer is BT's Bangkok correspondent A MUGGY heat is now enveloping Thailand and the Chuan government must be bracing itself for a long hot summer, a trying period which
    774 words
  • Article
    Lock icon Police probing HK tycoon's sex blackmail case
    312 16 AFP, Eastern Express HONGKONG Hongkong detectives are probing allegations that a tycoon was drugged by blackmailers who then videotaped him in bed with another man in a bid to extort HK$4 million (SS806.000). police said on Wednesday. Lam Kin-ming. 56, son of Hongkong
    AFP,; Eastern Express  -  312 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      50 16 KAISER KITCHEN SYSTEM 'If k'.ivO IMM flic»'i" U i ll.tm < 'pm.liilv SINGAPORE K}{ALA LUMPUR NGEE ANN OOEON TOWERS £M MENARAIMC CITY |Opp. RafllM M (Opp Shangri-La Hotel) (Orchard Road) B Quality Serviced Offices Tel: 65-838 5243/ Fax: 65-*****76 MRCEIMTWE Operate A Business From Home We give complete support/address/dedicated phone
      50 words
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      Page 16 Advertisements Column 2
      6 16 Other US corporate results, Pg 20
      6 words
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      Page 16 Advertisements Column 3
      65 16 Thai coalition to discuss Chamlong's cabinet revamp plan. Page 3 Asia's corporate giants A decade ago it almost went bankrupt as it tried to diversify. Today, having become Singapore's leading I conglomerate, the Keppel group is straining at Singapore's seams. chairman Sim Kee Boon talks about how Keppel is shaping
      65 words
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      Page 16 Advertisements Column 4
      3 16 KAISER KITCHEN SYSTEM
      3 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        40 17 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-bpm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Daiwa. Kay Hian. Ongco. Phillip. Tat Lee. Smith Me* Court and W'/ Carr.
        40 words
      • Article, Illustration
        HOT STOCK
        158 17  -  By Teh Hooi Ling MULTI-Purpose Holdings Bhd shares have risen 52 cents to 52.78 since last week, reversing a downward trend since early this year. The daily RSI is now above 75, indicating an overbought condition. The price could, therefore, fall to $2.60 in the next few days.
        158 words
    • Article, Illustration
      Lock icon Golden Plus to reap M$65.7m gain from sale of KFC stake
      391 17  -  By William Chia SINGAPORE Malaysian quarry operator Golden Plus Holdings is selling its 31 per cent stake in fast-food operator KFC Holdings for MS 184.66 million (S$ 107 million). Golden Plus said yesterday the buyer, a Malaysian company called
      Source: Bloomberg  -  391 words
    • Article, Illustration
      Market sentiments, US$ conversion blamed for Osprey's poor IPO response
      555 17 SINGAPORE Poor response to Osprey Maritime's initial public offer was blamed on market sentiments, denomination in foreign currency, price and the absence of electronic share application facility. Eric Ang, senior vice-presi-dent of DBS Bank, which managed the IPO, said yesterday
      555 words
    • Article
      SCMP deal: Who's doing whom a favour?
      1199 17  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Is Khoo Kay Peng repaying a favour to old friend Robert Kuok, or is Mr Kuok doing yet another favour for Mr Khoo? Or are they both doing each other a favour? Will they be
      1,199 words
    • Article
      Hotel Plaza plans to expand in Myanmar, Vietnam, Australia
      298 17  -  By Sylvia Wong SINGAPORE Hotel Plaza Ltd yesterday announced expansion plans that would put its stamp on almost 3,000 hotel rooms in Myanmar. Vietnam and Australia. In a statement yesterday, the hotel group said it is looking into an equity interest
      298 words
    • Article
      DBS Bank nearly doubles market value of investments
      194 17 SINGAPORE Last year's stock market boom has led to a near doubling of the market value of DBS Bank's long-term investments. But the bank's off-balance sheet financial instruments largely interest rate swaps have shown more moderate growth. The bank's latest annual report
      194 words
    • COMPANIES
      • Article
        Fels, Steamers hopeful of a good year ahead
        402 18  -  By Dexter Lee SINGAPORE Two Keppel Group members are looking forward to a good year ahead. Par East Levingston Shipbuilding is banking 011 a recovery of the offshore drilling industry later this year, while Steamers Maritime Holdings is counting on better margins
        402 words
      • Article
        HSH interim net earnings up 5.3pc
        133 18 SINGAPORE Hardware Mockist Hup Song Huat has reportcd .1 5.3 per eent rise in net earnings to 53.56 million for the halt-year to Jan 31. Releasing its interim results for the first time since its listing on the main hoard in February. HSH saul
        133 words
      • Article, Illustration
        Ready-to-drink coffee in a can
        213 18 SINGAPORE Coca-Cola Nestle Refreshments (CCNR) and F&N Coca-Cola yesterday launched their version of cof-fee-in-a-can. Called Nescafe Can Coffee, its manufacturers are targeting the product as a leader in the canned coffee segment of the local beverage market. Nescafe Can Coffee is manufactured and distributed locall>
        213 words
      • Article
        Times Pub to buy A$22m Aussie commercial property
        208 18 SINGAPORE Times Publishing. which has been on the prowl for overseas opportunities. said yesterday it had agreed to buy a commercial property in Australia for A 522.2 million (5524.6 million). The 12-storey office building. with a floor area of about 650 sq
        208 words
      • Article
        Hotel Malaysia, Goodwood turn in creditable profits
        157 18 SINGAPORE Khoo Teck Puat's listed Hotel Malaysia and Goodwood Park Hotel have both turned in creditable profits for the six months to March 31. Goodwood Park lifted af-ter-tax profit 15.7 per cent to 514.03 million on a 7.9 per cent rise in turnover
        157 words
      • COMPANY BRIEFS
        • Article
          NatSteel's bonus issue approved
          138 18 SINGAPORE Nat Steel has received approval from the Stock Exchange of Singapore for its proposed one-for-four bonus share issue. As a result of the issue, it has adjusted the subscription price payable for each new share and the number of detachable warrants in conjunction with a
          138 words
        • Article
          No longer MCL substantial holders
          25 18 SINGAPORE Malayan Credit announced that Avant Hotels International and Sextant Investments have ceased to be substantial shareholders of the company.
          25 words
        • Article
          Teck Wah exercises property option
          51 18 SINGAPORE Teck Wah Paper Products announced that it has exercised an option to acquire the property at No 3 Tuas Avenue 6, identified as Pte Lot A ***** from Chye Joo Construction on Apr 19 for $2.7 million. It has already paid $270,000 to the
          51 words
      • Article
        UNIT TRUSTS & FUNDS
        552 18 UNIT TRUSTS FUNDS Managers' prices Apr 22 I S Gr Fuad OXX 103" Singapore Unit Trust Invest Mgt Ltd The Commerce 1.72 I XI J n, u *K .Lr A? The Sitinfi Fund 157 165 n,ho 'flg S'porc Prog Fund 0 72 0.76 I mtcd Gr Fund 65 I.I Spore
        552 words
      • Article
        Lock icon Fierce competition eats into Japanese retailers' profits
        421 19 Bloomberg Business News TOKYO Japan's largest and second largest general merchandising chains have reported higher sales and lower current profits. While the big chains have fared better than many other industries hit by the recession, there appears little hope that they will pull
        Bloomberg Business News  -  421 words
      • Article
        Lock icon Thai bourse urged to cut price of seats
        346 19 Bloomberg Business News BANGKOK An association of local brokerages has asked the Stock Exchange of Thailand to cut the fee it will charge for new seats, complaining the price may shut out smaller brokerages and encourage corruption. Last week, the exchange's board
        Bloomberg Business News  -  346 words
      • Article, Illustration
        Lock icon Renison chief says worst is over
        223 19 Reuter SYDNEY Australian resources giant Renison Goldfields Consolidated Ltd has seen the worst of the commodities market slump and is now focused on growth from exploration and a supportive major shareholder, managing director Mark Bethwaite said. "I think we have seen the worst of
        Reuter  -  223 words
      • Article
        Lock icon Lippo flagship posts 79.5pc profit rise
        159 19 AFP HONGKONG Lippo Ltd. flagship of Hongkong's Lippo banking and property group, yesterday announced a 79.5 per cent increase in net profit for the year ended Dec 31. It made HKS429 million (5586.4 million) compared with HKS239 million the previous year, reflecting "continuing strength
        AFP  -  159 words
      • Article
        Lock icon Freeport takes over Java copper smelter project from MG
        367 19 Knight-Ridder JAKARTA Freeport McMoßan Copper and Gold Inc and its wholly-owned Spanish subsidiary Rio Tinto Minera SA yesterday took the lead in the planned USS6SO million (SSI billion) Gresik copper smelter in East Java, filling a vacuum left by the financially
        Knight-Ridder  -  367 words
      • COMPANY BRIEFS
        • Article
          Lock icon Thai Farmers capital call on hold
          98 19 Reuter BANGKOK Thai Farmers Bank pic will wait until overseas bond and stock markets recover before it raises 10 billion baht (SS6I7 million) through the European bond and local debentures market, said a bank executive. "As we (TFB) only call one shareholders' meeting a
          Reuter  -  98 words
        • Article
          Lock icon Bangkok rejects Bankers Trust plan
          89 19 Bloomberg Business News BANGKOK Thailand's Securities and Exchange Commission has rejected a plan by Bankers Trust to establish a mutual fund that would have enabled Thais to invest in stocks around the world, an SEC official said. Bankers Trust, through its office in Hongkong, planned
          Bloomberg Business News  -  89 words
        • Article
          Lock icon Indon plastics-maker issues bonds
          57 19 AFP JAKARTA PT Impack Pratama. a plastic packaging manufacturer. has issued convertible bonds worth USS9 million, with an annual coupon rate at 2 per cent, the company said. The proceeds of the bonds, which mature in 1999. would be used to invest in new equipment and
          AFP  -  57 words
        • Article
          Lock icon Food giant RFM forms subsidiary
          65 19 AFP MANILA Philippine food giant RFM Corp said it had formed a subsidiary. Swift Foods, as it continued to expand its share of the local market. RFM said in papers submitted to the Securities and Exchange Commission that it also planned to go public by
          AFP  -  65 words
      • Article
        Lock icon Caterpillar bulldozes its sales, powering 5-fold earnings jump
        267 20 US first-quarter corporate results Reuter PEORIA, Illinois Caterpillar Inc. the world's largest maker of construction equipment, has reported a more than fivefold jump in earnings, powered by a double-digit sales gain. For the first quarter, the Il-linois-based company said it earned USS
        Reuter  -  267 words
      • Article
        Lock icon Colgate 1st-quarter net climbs 6.2pc
        273 20 Bloomberg Business News NEW YORK ColgatePalmolive Co reported 6.2 per cent higher first-quarter profit before special items, thanks to increased volume growth worldwide. The consumer-products giant posted net income of USS 149.6 million (***** million), or 98 cents a share, compared with year-earlier profit from
        Bloomberg Business News  -  273 words
      • Article
        Lock icon Lower provision for bad loans boosts BankAmerica result
        554 20 Bloomberg Business News SAN FRANCISCO BankAmerica Corp's first-quarter earnings rose 5.9 per cent as a lower provision for loan losses made up for a decline in trading income. San Francisco-based BankAmerica, the nation's secondlargest banking company, said first-quarter net income rose to
        Bloomberg Business News  -  554 words
      • Article
        Lock icon AT&T's 1st-qtr profit up 17pc, buoyed by long-distance services
        480 20 Bloomberg Business News NEW YORK AT&T Corp said on Wednesday first-quar-ter profit from operations jumped 17 per cent, fuelled primarily by growth in its long-distance service operations. Profit at AT&T's telecommunications operations, product sales and financial services ofTset the wider operating
        Bloomberg Business News  -  480 words
      • Article
        Lock icon Chemical Bank results hurt by lower derivatives income
        181 20 Bloomberg Business News NEW YORK Chemical Banking Corp said on Wednesday its 26.6 per cent decline in first-quarter trading revenue was partly the result of lower income from its USS2.S trillion (553.9 trillion) derivatives portfolio and less profitable foreign exchange transactions. Chemical's
        Bloomberg Business News  -  181 words
      • RESULTS AT A GLANCE
        • Article
          Lock icon Bell Atlantic rings up US$389m earnings
          75 20 AFP PHILADELPHIA The regional telephone company Bell Atlantic announced first-quarter earnings on Wednesday of U*****.2 million (SS6O7 million), or 89 US cents a share, against U*****.2 million. 76 cents a share, last year. Turnover for the period rose to U553.37 billion from USS3.I6 billion
          AFP  -  75 words
        • Article
          Lock icon Mattel on track for 1994 target
          79 20 Reuter LOS ANGELES Mattel's 1994 first quarter earnings rose to USS24.I million or 13 cents a share from USSIB.S million or 10 cents a share a year ago. The 1993 quarter results exclude an accounting charge of 2 cents a share. Sales rose 2
          Reuter  -  79 words
        • Article
          Lock icon Dean Witter, Discover up 54pc
          65 20 Bloomberg Business News NEW YORK Dean Witter, Discover Co's earnings for the quarter surged 54 per cent, as profit in its credit card division almost doubled. The company, which includes the Discover credit card and the Dean Witter Reynolds stock brokerage, earned U*****.5 million, or
          Bloomberg Business News  -  65 words
        • Article
          Lock icon General Dynamics profit up 8pc
          93 20 Bloomberg Business News FALLS CHURCH, Vancouver General Dynamics Corp said its profit rose 8 per cent in the first quarter as earnings in its nuclear submarine business rose 53 per cent. The defence contractor's net income was USSSS million, or 86 cents a share, compared
          Bloomberg Business News  -  93 words
        • Article
          Lock icon Acquisitions boost Travelers
          83 20 Bloomberg Business News NEW YORK Travelers Inc's operating profit for the quarter almost doubled after acquisitions last year made it the nation's 11th largest insurer and the No 2 US brokerage firm. Operating profit increased to U*****.6 million from USS 179.3 million in the year-earlier period. Operating
          Bloomberg Business News  -  83 words
        • Article
          Lock icon ITT profit up 27pc
          61 20 Bloomberg Business News NEW YORK ITT Corp, citing an improving US economy and cost-cutting efforts, said first-quarter profit from continuing operations increased 27 per cent on improved sales. The conglomerate said profit from continuing operations climbed to USS2OI million, or USS 1.63 a share, from USS
          Bloomberg Business News  -  61 words
      • Article, Illustration
        Lock icon Volvo to dispose of non-transport assets
        247 20 Reuter GOTHENBURG Swedish industrial group AB Volvo, announcing its post-Renault strategy, said on Wednesday it plans to sell off its non-trans-port assets and concentrate on cars, trucks and engines "Volvo is to be developed into a streamlined automotive company. The Volvo trademark is our
        Reuter  -  247 words
      • Article
        Lock icon Daimler's aerospace unit Dasa deeper in the red
        440 20 Reuter MUNICH Deutsche Aerospace AG (Dasa) reported on Wednesday that its group net loss more than doubled to 694 million marks (***** million) in 1993. but said it expected to return to profit in 1995. Dasa. the troubled aerospace and defence subsidiary
        Reuter  -  440 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Lloyds Bank buys UK building society for £I1.8b
        521 22 Bloomberg Business News AFP LONDON Lloyds Bank is buying Britain's sixth biggest building society, the Cheltenham and Gloucester (CG). for a cash payment of £1.8 billion (554.2 billion), the bank announced yesterday. This is the first time a British bank has taken
        Bloomberg Business News; AFP  -  521 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        153 22 DOLLAR trading was confined to narrow ranges with the US$ broadly unchanged against the Far East Asian currencies despite being lower against the yen and European currencies. A remarkably steady day for the USS/SS. with the USS hardly budging from its opening level around 1.5580.
        153 words
      • Article
        Oil futures prices stable, traders brace for big move
        161 22 Bloomberg ENERGY REPORT LONDON Oil futures prices were stable yesterday as traders looked for clues on the next direction of prices, brokers said. "It looks like prices are set to move sharply," a broker said. "The difficulty is determining when, and
        161 words
      • Article
        Lock icon Put 30pc cap on foreign stake: Manila central bank
        220 22 AFP MANILA Philippine Central Bank governor Gabriel Singson said yesterday he has urged Congress to put a 30 per cent cap on the stake of foreign banks in the country, instead of limiting the number of entrants. The Bank Liberalisation Act.
        AFP  -  220 words
      • Article
        Lock icon Slump in British bank shares may be over, say analysts
        469 22 Bloomberg Business News LONDON After tumbling as much as 30 per cent during the past 12 weeks alone. British bank stocks may be bottoming out, analysts said on Wednesday. The hurly-burly over rising US interest rates and slumping stock and
        Bloomberg Business News  -  469 words
      • Article, Illustration
        Lock icon China's wheat buy seen as pressure on EU
        240 22 Reuter PARIS The sale on Tuesday of 800,000 tonnes of US wheat to China did not come as a surprise to the European market, but it confirmed grain exporters' feeling that Beijing will put pressure on them to offer "very low" prices.
        Reuter  -  240 words
      • Article
        UOB Life launches investment-linked policy
        318 22  -  By Soh Tiang Keng SINGAPORE UOB Life Assurance today launches its first investment-linked policy which combines the features of guaranteed life protection and investment returns. Known as Lifelink Investment Plan, it is a five-year policy with annual payment of premiums. The policyholder (aged 55 and
        318 words
      • Article
        Lock icon RMBB hit by M$624m loss says Anwar
        165 22 Bernama KUALA LUMPUR Rakyat Merchant Bankers Berhad suffered losses of M 5624.1 million (***** million), which amounted to 42 per cent of its total assets as of last Feb 28, Finance Minister Anwar Ibrahim said yesterday. As a result. Bank Negara Malaysia had
        Bernama  -  165 words
      • Article
        Lock icon London
        175 22 Bloomberg Business News LONDON The dollar rallied against the Japanese yen amid speculation the Group of Seven industrialised countries may agree to coordinate market intervention in order to prevent the yen from rising further. A stabilisation ot US stock and bond markets also restored some confidence in the dollar
        Bloomberg Business News  -  175 words
      • Article, Illustration
        Untitled
        1677 22 I lilth'-HflfllUll llkli nlh llluUll uttuill\l S)*irc\ /«Y' H Hutliiitt I>uiliht Bti* Mr MR? US$/S$ forward rates Noon Apr 21 ss Bid Offer 1-month 1.5576 1.5591 2-month 1 5581 1 55% .'-month 1 5585 1 5600 6-month 1.5590 1.5610 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am an Apr
        1,677 words
      • Article
        Lock icon New York
        87 22 AFP NEW YORK The dollar rose slightly against other major currencies here yesterday, pushed up by cover buying in a quiet market. At about 9:40 am (1340 GMT), the dollar was trading at 1.6895 German marks, up from 1.6860 late on Wednesday. and at 103.40 Japanese yen (103.05).
        AFP  -  87 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen recovers slightly in light trade
        1320 23 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures recovered slightly in light trade yesterday after the sharp falls on Wednesday. Dealers said the market had started to represent good value after its recent plunge, but traders remained nervous ahead of this weekend's G-7 meeting in
        Reuter  -  1,320 words
      • Article
        KL tin lower on poor foreign demand
        689 23 COMMODITY REPORTS Tin TIN closed 13 sen lower at MS 14.15 a kg yesterday, extending overnight falls on poor demand from overseas due to the local premium over the London market, traders said. The local market is at a USS9O a tonne premium
        689 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Comalco's 1st qtr aluminium output
          70 23 SYDNEY Australian aluminium producer Comalco Ltd said yesterday it produced 111.296 tonnes of aluminium in the three months to March 31, up 12 per cent from the same period a year earlier. This comprises production from the Bell Bay smelter in Tasmania, output from its
          70 words
        • Article
          India's purchase of palm oil, olein
          93 23 SINGAPORE Estimates of how much Malaysian palm olein and palm oil Indian companies may have bought this week range from 15.000 to as much as 50.000 tonnes, traders here and in Kuala Lumpur said yesterday. One trader said 40.000 to 50.000 tonnes of palm
          93 words
        • Article
          Japan's rice disease may hit again
          100 23 TOKYO A disease partly responsible for the devastated rice harvest in Japan last year may again wreak havoc this year, a government report said yesterday, according to Kyodo news wire. The disease. Blast, thrived in the cool, wet conditions of last summer leaving much
          100 words
    • Article
      COMMODITY PRICES
      1458 23 Rubber Singapore ConwodHy Exchange (futures ctosiag as at lpn) «SS 1 Cutract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 94 I I 149.30 2.000 Jun 150.00 150.00 130.00 200 5.525 Jul 150.50 1.900 Aug 151.00 1.700 Sep 151.50 1.700 Oct/Pee 152.25 6.150 MS
      1,458 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1241 24 -17 AUSTRALIAN shares closed lower yesterday after erratic trade, hurt by weaker futures and on-going uncertainty in overseas markets, brokers said. The local bourse remains jittery with investors preferring to stay on the sidelines. The All Ordinaries, after climbing six points initially, ended 17.0 points down at 2.029.6 points
        1,241 words
      • Article
        Manila
        623 24 -69.71 Manila share prices slumped on profit-taking after successive climbs. Prices were also weakened by a drop of telephone stock PLDT in New York, brokers said. The Philippine Stock Exchange composite index plunged 69.71 points, or 2.44 per cent, to close at 2.777.11. Philippine Long Distance Telephone Co fell
        623 words
      • Article
        Taipei
        534 24 +49.15 Financial and steel stocks led Taiwan's benchmark stock index to a two-month high as investors anticipated new foreign and local funds entering the market, analysts said. The weighted price index gained 49.15 points to 5,741.47 on volume worth NTSSB.7 billion. Prices opened higher after the Securities and Exchange
        534 words
      • Article
        Seoul
        364 24 1.13 Seoul stocks closed a shade firmer in extremely thin trading as selective buying interest boosted some primary blue chips, brokers said. The composite index rose 1.13 points to close on 881.97. off a high of 887.54. Losers led gainers 4t>y 591 to 170. Seoul Apr 21 Wool TO)
        364 words
      • Article
        New Zealand
        293 24 -22.4 The New Zealand share market finished the day lower, reflecting further weakness in the US market and a lack of buyers in the domestic market. Brokers said many players are sidelined waiting to see where world interest rates and equity markets settle. The NZSE4O capital index closed
        293 words
      • Article
        Bombay
        52 24 -51.36 Share prices ended lower as market players sold to square up their positions on the last day of the account in specified as well as cash shares, brokers said. The Bombay Stock Exchange (BSE) 30-share index fell 51.36 points to 3.778.93. The 100-share national index fell 22.79 points
        52 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        730 24 Britannia Funds Sterling Cash Bid (MT« Mim C jp Deposit iKfMJU Mim Jcrvr\ <.ill M*J l«»: Mini Mj\ Income *0<MOO *1 0200 ISICtsh Iikoiik Plus Fund *<00 10 4*00 PS S Rcm'ivc Fund SJM s 'Nm Sterling F.quit> Euro Peiforituine 0 0 411H FJI Fjsi Fund *2.7*91 •1*TJ0 Man Port*2iM
        730 words
      • Article
        London
        612 24 +2.9 STOCKS were mixed as highcr-than-expectcd March retail sales growth doused hopes for a cut in British interest rates. The FT-SE 100 Index of leading British stocks closed up 2.9 points at 3,101.2, breaking a three-day run of declines after the index fell 29.7 points to 3,098.3 on Wednesday.
        612 words
      • Article
        Paris
        163 24 -10.76 French stocks fell after the Bank of France cut its intervention rate by 10 basis points to 5.80 per cent, disappointing some investors who had hoped for a more substantial cut. The CAC 40 index of blue chip stocks fell 10.76 points to close at 2,091.95. The bank
        163 words
      • Article
        Stockholm
        94 24 -2.12 Swedish shares closed lower for the third consecutive day following a surge of nearly 20 basis points in money market rates and bond yields. The leading 30-share OMX Index ended 2.12 points lower at 1.095.53. recovering from an intraday low of 1.078.57. Stockholm \jr 21 Skr \<1 614
        94 words
      • Article
        Frankfurt
        166 24 -I-14.33 German stocks rose in the official session, led by retail and bank shares as investors anticipated the German economy will rebound strongly this vear. The DAX Index of 30 German shares added 14.33 points or 0.66 per cent to dose the official floor session at 2.196.97. Retail shares
        166 words
      • Article
        Milan
        145 24 +33 Italian shares closed mixed for the second day running as investors awaited a new government and indications of the direction of European interest rates and bonds, traders said. The market's blue-chip Mibtel Index rose 0.3 per cent, or 33 points, to 12,216. Declines in many major shares were
        145 words
      • Article
        Amsterdam
        243 24 +0.57 Dutch stocks closed higher as investors watched movements in European and US interest rates. Traders said investors are uncertain because of the recent volatility in European bond markets, which has caused bond yields to rise steeply in the last two weeks. The Amsterdam EOE Index of the 25
        243 words
      • Article
        Zurich
        226 24 -37.1 Swiss blue chips lost 1.3 per cent yesterday as insecurity about European interest rates kept investors away from the market, traders said. The Swiss Market Index of 22 blue-chip stocks, or SMI, closed down 37.10 points, or 1.32 per cent, at 2,781.60. Nineteen stocks fell, two advanced and
        226 words
      • Article
        Johannesburg
        287 24 +3 South African gold shares finished generally lower as traders awaited a break above at least IJSS374 an ounce from bullion, dealers said. They said financial rand strength was also capping share prices, with few fresh factors emerging to influence direction. The overall index off nine points to 5.037,
        287 words
      • Article
        Brussels
        175 24 •0.03 Belgian stocks closed little changed with the effect of high bond yields offset by a rise in cyclical stocks, analysts said. The Bcl-20 of blue-chip stocks dropped 0.03 point to 1,476.45. Insurance, bank and utility stocks led the decline because they arc most sensitive to the rise in
        175 words
      • Article
        Toronto
        303 24 +23.43 Toronto stocks rose in early trade yesterday, but were off opening highs due to concerns about interest rates, brokers said. The TSE 300 index was up 23.43 points at 4.129.36 in volume of 8.30 million shares valued at CS 106.46 million after being 30 points up near the
        303 words
      • Article
        New York
        777 24 +29.74 Blue-chip stocks gained yesterday. buoyed by a sharp rise in the shares of International Business Machines Corp. a component of the Dow Jones index. At 1 pm EDT. the Dow Jones Industrial Average was up 29.74 points at 3.628.45. In the broader market, advancing issues led declines
        777 words
    • Article, Illustration
      Lock icon HONGKONG
      3174 25 Bloomberg Business News HONGKONG Stocks fell 3.11 per cent led by real estate shares amid concern over the outlook for Hongkong property prices and interest rates, traders said. "What drives the prices down is fear." said James Chirnside, senior fund manager at Regent Pacific. Investors are worried about the
      Bloomberg Business News; Source: Bridge Info  -  3,174 words
    • Article, Illustration
      CHINA
      527 25 THE Shanghai and Shenzhen A share markets rebounded significantly by more than 7 per cent on heavy institutional buying. In contrast, the CLSA Shanghai B index dropped 8.8 points to 694.93. There was selective switching in the B counters by discerning investors. Total turnover amounted to U552.54 million. In
      527 words
    • Article, Illustration
      Lock icon TOKYO
      2562 25 Bloomberg Business News TOKYO Stocks were little changed as investors watched for developments in the political rift holding up the appointment of a new prime minister, traders said. Concerns that the still relatively high Japanese bond yields would hurt the stock market and a late bout of computer-generat-ed trading
      Bloomberg Business News; Source: Bridge Info  -  2,562 words
    • Article, Illustration
      Lock icon BANGKOK
      1847 25 Bloomberg Business News BANGKOK Thai stocks declined as investors sold blue-chip shares amid concern that rising US interest rates would prompt foreign mutual funds to take money out of developing markets, analysts said. The exchange's three largest stocks. Telecom Asia Corp. Bangkok Bank and Siam Cement. each closed lower
      Bloomberg Business News; Source: Bridge Info  -  1,847 words
    • Article, Illustration
      Lock icon JAKARTA
      1149 25 Bloomberg Business News JAKARTA Indonesian shares were little changed yesterday as concern that the labour unrest in northern Sumatra may spread kept investors out the market, traders said. The Composite Index fell 1.9 points to 456.56. Volume was 14.8 million shares worth 76 billion rupiah compared to Wednesday's 17.9
      Bloomberg Business News; Source: Bridge Info  -  1,149 words
    • Article
      CLOB INTERNATIONAL
      2765 26 1 ACTIVE votara kainunling 50t 11 <4-4J <MM> f«B ><V 11 37*000 Mutat-Puipo* 6.449 000 Innotol Bhd 5 888.000 Mm Hxd 54V S.7>>| tXK) Lun Hoc TSK*»7 .$.>14,000 B Rasa I SRI 7 4 >6'000 Mulphj lull MX 4.271.000 Bcrjava Ind VS6I (XJO HLcong Prop MX 3.695.000 Nwl
      2,765 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices fall in step with HK bourse weakening
        5688 26 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index fell more than one per cent as falling prices on the Hongkong exchange rattled local investors, analysts said. "Hongkong is down a lot and that affects sentiment here," said Ang Kok Heng. senior
        Bloomberg Business News; Source: Bridge Info  -  5,688 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7200 27 MAIN BOARD Transaction date: Apr 21 ioai Cir Gr LjwI %ol Da> Lmi Quote D*% Di% \ld \et M ad High Low (ompan\ Sale (*000) High Low Bum Seller C'»r S P/t smil INDUSTRIAL AND COMMERCIAL 1350 206 I 4 \cma 435cd 5 41 445 430 435 440 17.5 2.1
        7,200 words
      • Article, Illustration
        Lock icon Baffling Wall St signals cause local shares to mark time
        1957 28  -  By Paul Leo SINGAPORE Local shares were little changed yesterday as investors waited for clearer direction from overseas bourses. The Straits Times Industrials Index traded in a narrow band, ending at 2,231.29, up 1.63 points from the previous close. Among
        Charts by Bridge Info; Source: Bloomberg  -  1,957 words
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      177 17 NEWS VALUE How today's news might affect your stocks Khoo surprises with purchase of Murdoch's 15pc stake in SCIHP for I) —An attractive investment, but subject to the scrutiny of the securities watchdog in Hongkong. Beijing, London agree to release 117 ha of HK public land to cool property prices
      177 words
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      268 18 Car maintenance costs are like a Stephen King novel. You never know what's around the next corner. Kvery financial controller has horror Audi Care. Free maintenance for three years. There's even a free 24-hour breakdown stories to tell about car maintenance. When your company buys an Audi, it's the service,
      268 words
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      6 18 Dividends table has been held over
      6 words
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      74 words
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      292 21 MMMpppWPIII—' K^H I Spectacular (2771C1T P City I'Ulf 5 j'jji Sydney Entertainment Centre J^Q H.„ m JJJj |«lj[Bß| I? iail Cinemas |1 H laSi 'IPIS 2 minutes to Sydney University >j*u'.-.. El H i*Blll Ik.! S minutes to University of NSW J^'f*'. E3 B f'SmM lift lii 111 :bb® E|
      292 words
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      287 22 IN THE MATTER OF THE COMPANIES ACT, CAP., SO AND IN THE MATTER OF CAUSEWAY CONSTRUCTION PTE LTD NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP [PURSUANT TO SECTION 290 (1) <b)] At an Extraordinary General Meeting of the members of CAUSEWAY CONSTRUCTION PTE LTD, duly convened and held at
      287 words
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      547 23 m S_J__N_E_S_S_ TIMES TOLL-FREE TEL. No. l-aOO-741-tag3 FAX:74I-12fle f Of THE MATTER OP THE COMPANCBACT.CAP.aO OMKNONTUNNEL CONSTRUCTORS PTE LTD /ke iiemh■ \m Momofii voiunwy Liquidation) At an Extraordinary Qanaral Miadng of the Company duly convened and held at 80 Marine Parade Road #16-02 Pathway Parada Singapora 1544 on the 15th
      547 words
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      Page 23 Advertisements Column 2
      40 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 7 STRAIGHT TALK You shouldn't have to read between the lines to get the fuN picture. Companies Markets. Everyday. BusmessDmes
      40 words
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      23 25 Established sinca 1919 ANTIQUE A ESTATE WATCHES Shangri-La hotel SaxkktotQJA. CMMOlmndk Tnl- 732 5689 (LutrNumbrnwd) PATEK PHILIPPE 2armitaba*mdmMiahM Manufacturing jewellers since 1919 chronograph
      23 words
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      108 26 i \ll Mirrinis and bonds irr li\t«?d in SKS page IM(DY7© WSODQ [MQD@SG ■■■■■■■■■■■■■BHHIHHnHHHnBHHiHi ;WywKS 7982 Head Unit In-dash 3D shuttle with precision tuner and 6-CD changer 3553 Power Amplifier 4-channel power with enough /nice to power 5952Z CD Changer 6-Jisc CI) shuttle with dual JC-hthyhrulDACatidH- 6066 EX Component Speakers
      108 words
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      5 26 mmm Tomorrow in Business Times
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      1670 28 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF UPJOHN COMPANY PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant ot Section 306<1) of the Companies Act. Chapter 50. that a Final General Meeting of the abovenamed Company
      1,670 words
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      14 28 Tte IT sssssas tojffers lb the most F current ■HlUto/job |F opportuwi" 6 q^aaa^
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      326 28 f Tlm Companies Act (Chapter 50) Tti# Com pant— Regulations 1987 Section 2Z7N/Regulation 56 Node* of Judicial Manager To Creditors oI Clrot MoaHnn rirsi MNung Name of Company: Tech Trade (Slngapere) Pte Ltd (Under judicial management Company No: *****1699 C (Under the Order for judiciai management of the abovenamed dated
      326 words
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  • Shipping Times
    • Article
      Shanghai yard wins Canadian deal to build 4 bulk carriers
      390 29 HONGKONG Fednav. Canada's largest ocean shipping group, has signed contracts for the building of four hulk carriers with a Chinese yard at a cost of more than CSIOO million (SSI 12 million). Designed to operate in the Great Lakes-St Lawrence
      390 words
    • Article
      Lock icon Insurers play major role in getting rid of sub-standard ships: Intertanko
      418 29 Knight-Ridder NLW YORK Intcrtanko the International Association of Independent Tanker Owners said it is encouraged by the growing trend among marine underwriters to discriminate in favour of well-managed tankers. according to a story in Wednesday's Journal of Commerce. By
      Knight-Ridder  -  418 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1118 29 Pajje Col ABC Containerline 16 4 Accord Group 8 1-3 Ahrcnkiel Liner 4 1/2 AOE Shpg 15 4/5 ANL 3 1/2 Anlaco Mgml 17 1/2 APL 5 3-5 Appeiiship 8 4/5 Arabian Express 15 3 %SCL 5 5 Assist Marine 6 1 Avail!
      1,118 words
    • Article, Illustration
      Lock icon British navy offers a taste of hospitality
      736 29 Bloomberg Business News LONDON Britain's defence ministry isn't exactly hanging out a "For Rent" sign, but you or your company can pay a fee to indulge in a little gunboat hospitality. That's what the London Docklands Development Corp did recently. For the outlay
      Bloomberg Business News  -  736 words
    • Article
      Lock icon Japan's shipbuilding orders soar 180pc
      161 29 AFP TOKYO Shipbuilding orders received by Japan in the year to March soared 180 per cent from the preceding year to 7.47 million gross tonnes, an industry association said on Wednesday. Japanese companies received foreign orders for 197 ships, up 156 per cent, the Japan
      AFP  -  161 words
    • Article
      Lock icon 4 Sumitomo officials arrested for bribery
      200 29 Knight Ridder TOKYO Police rearrested three former official of a major shipbuilder in the Sumitomo conglomerate and arrested the deputy chief of the shipbuilder's Niihama factory yesterday on suspicions of attempted bribery, the Kyodo news agency reported. The Tokyo metropolitan police department identified the
      Knight Ridder  -  200 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        726 30 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port BatamSpeed ***** P01A 2204 2330 23 04 0100 byMd 1868 1040 94 11 alongside 2204 0300 Batam Speed3 A8094 PCI A 22 04 1S30 2204 1630 BukMa Ukss 0194 JI4 IS alongside 2204
        726 words
      • Article
        CONTAINER SCHEDULES
        2393 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From At. C51B 22 2000 1A 21 1500 21 1659 21 1900 IB 21 1500 21 1659 21 1900 2A 21 1/00
        2,393 words
    • Article
      THE SHIPPING GUIDE
      12058 38 This is a list ot ships loading at Singapore for ports around the world. It tabulates, by destination, the name ot the ship, the shipping line involved and the estimated dates ot arrival and departure from the Port of Singapore. LEGEMD PN: ship calls at Penang after
      12,058 words
    • Article, Illustration
      Lock icon MOL sails full steam ahead
      1495 46 The threat of overcapacity in the trades to and from Asia is something that Makoto Ishii. managing director of the liner shipping services of Mitsui OSK Lines, does not worry about. He tells Peter Kaiser that MOL is going ahead with expansion plans International Transport
      International Transport Journal  -  1,495 words
    • Article
      DAILY FREIGHTS
      1109 46 AT THE beginning of last month a grain fixture on time-charter was unusual but today it has become standard practice, especially on the Atlantic, brokers said on Wednesday. Regular trades as a result have become difficult to follow, as charterers attempt to limit the damage of higher rates
      1,109 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Air India plans sale of 40pc government stake
        600 48 Reuter BOMBAY State-run Air India is expected to sell otT up to 40 per cent of its government stake and tap global markets for part of the USS2 billion (553.12 billion) needed to expand its fleet, its new managing director said on
        Reuter  -  600 words
      • Article
        Lock icon Higher box traffic growth predicted for China
        292 48 Knight-Ridder ATLANTA If the Chinese government's plans to modernise the nation's railroads arc fulfilled, tratTic of goods in marine containers could grow to 40 million units in the next decade. Kevin Hyde, chairman and chief executive officer of the Kowloon-Canton Railway Corp. said
        Knight-Ridder  -  292 words
      • Article
        Lock icon Business travel market won't pick up, warns Iata
        566 48 Reuter GENEVA With company travel budgets still under pressure, loss-suffering airlines have been told not to rely on business travellers to lift them out of recession. The point was made clearly by Pierre Jeanniot, director general of the International Air Transport Association
        Reuter  -  566 words
      • LOG BOOK
        • Article
          Lock icon Nissan in techno talks with Samsung
          79 48 Reuter lOKYO Nissan Motor Co Ltd has started negotiations to provide auto-manufacturing technology to South Korea's Samsung Heavy Industries Co Ltd. the financial daily Mkkct reported. Nissan is considering otTering Samsung technology for the production of 2.000cc-class cars and an agreement eould be reached
          Reuter  -  79 words
        • Article
          Lock icon USAir loses US$196.7m in first qtr
          115 48 AFP ARLINGTON. Virginia USAir. the fifth-largest US carrier, posted first-quarter losses on Wednesday of USS 196.7 million (*****.8 million) against a USS 104.8 million quarterly loss last year. Sales hit USS 1.68 billion agamst USS 1.71 billion for the first-quarter of last year. The
          AFP  -  115 words
        • Article
          Lock icon US autoparts maker keen on Mexico
          115 48 Reuter DALLAS Wells Manufacturing Corp. a privately held autoparts maker, is \saiting for US retailers to enter Mexico and open the way for US exports into a high-demand market, said the vice-president of Wells. Dan Lauby. "We're waiting for them (Wells' chief US customers)
          Reuter  -  115 words
        • Article
          Lock icon Nissan UK set to announce profit slump
          90 48 Reuter LONDON Net profits at Nissan Motor Co's British manufacturing arm. Nissan Motor Ltd. slid to £1 million (552.3 million) to £2 million last year against £29.3 million in 1992. the Financial limes said. Nissan UK was forced to halve production at its
          Reuter  -  90 words
        • Article
          Lock icon Peugeot reports loss of 1.413b francs
          160 48 AFP PARIS French car manufacturer Peugeot-Citroen PSA made a net loss of 1.413 billion francs (***** million) in 1993. group president Jacques Calvet reported yesterday. This was despite a sharp recovery of the company's finances in the second half, he said. In 1992 the
          AFP  -  160 words
      • Article
        S'poreans bought record 63 Jaguars in 1st qtr
        262 48  -  By Ramesh Divyanathan SINGAPORE Local sales of Jaguar cars more than doubled in the first three months of this year compared with the final quarter of 1993. Jaguar Cars Exports (Far East) says a record 63 cars were sold here in JanuaryMarch.
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1804 48 city fib* eu mw cn^ Mm Dhabi GA976 0010 GA928 2140 GA970 2155 Adelaide QF81 1925 Qf82 2055 SQ227 2230 Amsterdam KL837 1450 GA976 0010 SQ323 1730 KL838 2300 SQ26 2355 Athens SQ348 2250 Auckland N273 1550 SQ285 2045 SQ288 2040 NZ74 2340 BA12 2200 Bahrain
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        Lock icon GPA to issue US$9s50m worth of securities
        444 48 Bloomberg Business News NEW YORK GPA Group pic, the aircraft leasing company in a financial restructuring, told its bank lenders it will issue USS9SO million (SSI.S billion) of securities, backed by leases on its aircraft, in public and private transactions this summer. In
        Bloomberg Business News  -  444 words
  • Page 29 Advertisements
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      57 29 cy Baa i M DACK IN TOWN! "INTER", The World Renowned Container Fitting Lashing Together With "INTERMARINE SUPPLY". A Combination Of Expertise Providing Quality, Reliability, Prompt Effecient Services To The Shipping Industry. Exclusive Agent /Distributor: Mlntermarine Supply Co (Pte) Ltd No. 7 Bukil Balok St 22. *****. Tel: *****88 Fu:
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      37 29 Air India to sell 40pe of govt stake, Baek Page Lines and services represented by Members ef the Registry ef Accredited Shipping Agents, Singapore National Ship- XyfkgzMSl ping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 29 Advertisements Column 3
      32 29 m Jaguar sales in S'pore hit record. Back Page ICON<j EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINGAPORE f 1 Business Times WE KNOW ASM
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      Page 29 Advertisements Column 4
      17 29 THE FAMOUS > on <b m& w A 224 1833 For more information please refer to Pg. 15
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      489 30 TSKUNE AGENCIES (S) PTE. LTD. I WmTp Tel: 226-3363 M •3»|\« JLUNJL Fax: 226-1972/3 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 1 EXPORTS TO HONGKONG. MANILA. TAIWAN JAPAN "TWICE WEEKLY" 1 [outbound toy m mwt m m. »6 mo m mm mm m PAC AggOW 0236
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      1716 30 PWtCT TO U»A Wt»T COAIT im«W»» CAUROWM nWW 1 TO IA«T (RJU. COMTAWM ««W)Ct) *sstL skk la oar ma ai 1 pal Ihmbto* cm ht wmco *ssti mno spok mkiti nuns* btamu* imv iir ri air bout* lattmua* wksx lna MC*IC MMM V 0238 CALI M*ITER m 26 4 14
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      2494 31 o tT "I M OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TPI FAX ??***** PETALING JAVA TEL. 03******76 FAX. 03-*****42 DOCUMENTATION TEL *****55 (INWARDI/*****90 (OUTWARD) PENANG TEL *****41 *****1 CFS TEL *****6 BOOKINGS TEL. *****80 *****81/ *****82 p rnnAwr Tci pfy ,npr>jc;, CUSTOMER SVC TEL *****92/*****91/*****93 Vvl! 3,fit n V?f«ti
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      Page 31 Advertisements Column 2
      2636 31 ■UIiViHiHHWH WEST AFRICA MS. HONG KONG V. 9406 ETA SIN 25TH APRIL 94 Vessel Voy ETA ETO Feedeted by S Laurel Leerort i»i > viaiia eta ETA ETA DESTINATIONS This »e<* MC-KINNEV MAERSK V94C4 kTWKWTTBfW^ ?6 04 oeoo HRS CFS —25 04 2359 HPS JOH LP* PEN OAK tGB SFO
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      1629 32 AQABA ROAM/ [1 ALSO ACCEPTINQ FROM VESSEL VOY NO SPORE JEDDAH (VIA JEO) S TON H BURG A WERP HAVRE WEST MALAYSIA KAI 07/315 23/4 2/5 9/5 11/5 14/5 16/5 16/5 Port K elar>g. Penang LA SEINE 35/116 27/4 14/5 17/5 15/5 Pasir Gudang HOECHST EXPRESS 14/316 30/4 9/5 16/5
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      Page 32 Advertisements Column 2
      641 32 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi, islamqala (Doqharun) C.1.5./RUSSIA: Vostochny, Vladivostok. Moscow, Baku, Tashkent, Irkutsk, Alma Ata. Ashgabad, Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Europa V 2114 26/4 23/5 Ned Hongkong V 2124 03/5 30/5 Ned Africa
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      1437 32 II NORASIA I" VSL/VOY SIN ALG BCL VAL HAM BRE ROT NORASIA PRINCESS 9416 3 27/04 18/05 21/05 22/05 23/05 24/05 25/05 26/05 27/05 27/OU I SEA MACEDOMA 417W 05/05 25/05 28/05 29/05 30/05 31/05 01/06 02/06 03/06 03** I NORASIA Al-MW»TAZAH 9418-3 11/05 01/06 04/06 05/06 06/06 07/06 08/06
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      1952 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line &S99U <A SERVICE 0F CH,NA NAVIGATION CO) cargo out sails qger MERUBI Vos£ Mjara.KK.Skan.Taw In Pt 23 Apr fCI, tCt CONTAMCR AND WEAK SULK SERVICE TO PAPUA NEW
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      Page 33 Advertisements Column 2
      3197 33 SINGAPORE AGENT: iJXifl A«|f n «IA«C P*o Containers (Singapore Agencies) Pte Ltd H \JL\J jlll M M A 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0206 Ta«: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 W CR Number **********0Z EXPORT IMPORT VESSEL VOV -MM 'WO SIN SOU
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      8 33 HO CHI MINH TEL: *****26 FAX: *****27 LENNON
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      46 33 VESSEL ETA ETC DESTINATION SONO TIEN 02 26/04 30/04 HO CM NMNH SONO OA 02 21/04 2S/04 BUTTER WO A TH.FUNGC HONG SONO TUN 02 01/08 04/09 HO CM MINH SUBJECT TO INDUCEMENTS VIETHONG SHIPPING PTE LTD TEL: 225 1511 FAX: 225 0633 TLX: R*****1 VIETHK
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      613 34 iIA EKA JAYA AGENCIES >3Kfr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE |~HO CHUMNH CITY PAPER HANOWONE/DWtCT HEHBY MOt *****24 KELYIH CHAW LUM2S aaaflMß MAMOJ 211W2S TMM722 I TO VIETNAM/HCMC CONTAINtR-FEEDER SERVICE CENTER-POINT \M 17 LINES itssn wt Ini stok dot eta hcmc m«" nn -im un
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      Page 34 Advertisements Column 2
      1981 34 I HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDR Wl SM IIUC HAH SEA YW POX fM ¥51 SM IuNE HAIA. SAV UM NIC HANJIN HONGKONG 044 C 24 4 OfttCT 14/5 15/5 16/5 HANJIN HONGKONG MAC 24 4 M PROGMSS 032E 2/6
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      Page 34 Advertisements Column 3
      1452 34 I m lit «t lit us «i bi w sw no m ot in m mi in im n» m; we m hi s» II 22,12?, it n"i m a iM ,i iwsll s s «»«10«20 fr* s* r» t? it? it? it? ft I 11 if J ,11 i
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      2752 35 \T— U sex: 'HAKONE MARU/*R2I4W eta sgp 27/04/94 II U II ARRIVING LOS ANGELES 14/05/94 IN 16 DAYS HI 'NEPTUNE PEARL 14E' ETA SGP 24/04/94 II H II ARRIVING NEW YORK 17/05/94 IN 23 DAYS HI *112 Connecting California Jupiter Voy 72E in HKG 30/04/94 WH EXPORT TO: PSW/PNW SINGAPORE
      2,752 words
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      Page 35 Advertisements Column 2
      1315 35 a MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64. *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 ,4k BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697
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      Page 36 Advertisements Column 1
      1642 36 AS AGENTS "R" LINE (SINGAPORE) PTE LTD (CR NO: 1244J*****0M/GST REG NO: M2-*****W6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I T T MALAYSIA "R" LINE MARITIME (MALAYSIA) SON BHD TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL: JKT *****08 f mom
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      Page 36 Advertisements Column 2
      1217 36 @APPENSHIP /2\ HAMBURG V#V/ CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE /LOADING FOR SUMMER HAM 20/03 SPORE 27/04. BKK LORELEY HAM 23/03 ANT 28/03 SPORE 14/05 BKK. LAEM PAKHOM MAKARENKO HAM 10/04 SPORE 21/05 ECUADOR HAM 27/04 SPORE 02/06 KOALA
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      1036 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CR NO *****6/***** VESSEL VOY SIN BKK SIN EB L AT a MAJAPAHIT 4261 24/4 27/4 1/5 KOTA SABAS SBI7N 24/4 27/4 1/5 BUNQA TERATAI 4673 2«/4 29/4 3/5 SRIMANEE (THAI FLAG) MNI7N 26/4 29/4
      1,036 words
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      1043 37 VESSELS VOY SIN 11 HAVRE HAMBURG IHAMIS RQITEROAM ANTWERP HANSA CARRIER RO3W~ 30 04 22 OS 2«<ft 25 05 2i, 05 21 05 VILLI DC CARINA CO3W 05 OS 2* OS 2«/05 29 OS 30 OS 01 06 wui DC SAGITTA So 3* 10 OS 01/Ot 03 (X 04 06
      1,043 words
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      930 37 BSfl MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf MANOALAY V44W SIO In Pt MERGUI VI23W 25/28 Apf PAGAN V2O9W 24/26 Apr HPA AN V2O2W 21/30 Apr MALAYSIA AGENTS BOUSTEAD SHIPPING AGENCIES KUI lEI 03 *****00 PKI TEI 03 *****67 PEN TEI 04
      930 words
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      1089 40 .>@.\-%@",:@`(?>,|>`&.^!>\)^=;- /irfICROATIA LINE A I iWa (EX JUGOUNUA) 1 KESStI SPOKE W PNG LOADWG FOR LOSMJ 09 MAY 11 MAY Alexandria. Aqaba. Beirut. Istanbul. Trieste. Koper. Lattakia. Limassol. Mersin. P. Sax). Riieka, Venice SIOVEMJA 25 MAY 28 MAY -do General Agent.: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala Lumpur Port
      1,089 words
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      Page 40 Advertisements Column 2
      174 40 /£nohbulk\ I NORBULK CARGO SERVICES LTD. I I regular conventional I I TIMBER AND PLYWOOD SERVICES LOAWNG FOR I MLAGRO 28/4 30/4 FIU/ANT/W I ADAMASTOS 3/5 Saied FLU/ANT/NAN/I* I I NORBULK TBN 2S/4 DBN/EL I ALSO LOADS TG MANI AWO KK PK SWK SABAH LOADING FOR NORBULK NAM* 2/5 XIAMEN/SHANGHAI
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      Page 41 Advertisements Column 1
      711 41 (j&, FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 24/4 ROTTERDAM 24/4 AARHUS/COPENHAGEN 24/4 HAMBURG/BREMEN 24/4 MARSEILLE/FRANCE 26/4 FELIXSTOWE/UK 24/4 BARCELONA/SPAIN 25/4 LEHAVRE/FRANCE 24/4 GENOA/ITALY 25/4 ANTWERP/BELGIUM 25/4 LOS ANGELES/WC/IPI 24/4 SYDNEY/MELBOURNE 23/4 NEW YORK/EC 24/4 FREMANTLE/ADELAIDE 23/4 VANCOUVER 27/4 BRISBANE
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      1377 41 IlfTTTFTlMigittaiWT' I riilltfiirOJtffW I cms****''****'--''- w> ■■I■ 11 VESSEL VOY s w JKT j£ [vessel VOY SIN PEN I^B |j ISRA BHUM 47S Fn ln_Pl_ _Tua_ 26/4 QEJA BHUM 4565 Fri lln Pl~ Sal 23/<T S I VESSEL VOY SIN BKK BHATRA BHUM 26S Sal 23/4_ Tut 26/4 <| THANA
      1,377 words
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      444 41 pLI DONGNAMA LINE CONTAINERISED SERVICE STRAITS/BLW/INC/BBN KSSEI SGP PNG K.W PK BSN WC HONGKONG GLORY V4O4N 23/4 24/4 t/S 4/5 HMIIM V4O4N 27/4 29/4 1/5 2/5 13/5 11/5 tULSOAS ¥405 M 5/5 7/5 9/5 20/5 11/5 SMOMC TRADM V4OSN 11/5 15/5 14/5 12/5 27/5 25/5 ROUND THE ASIA SERVICE «SStl
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      1889 42 A*ABMN CONTAINER LINES, INC Itjv/VviAgento; MAC-NELB BPORE: *****22 (24 UNEB) w\/ 'cm*K illlll SIBU (084) *****9 KUCHINQ (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 > P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I HK6/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 22/4
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      1082 42 r JL THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I V \4r TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL vor S PORE PEST VESSEL |VOT iS POBE [PEST EQUATOR ROYAL
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      645 43 ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING EWEAKBUK SOC CARGOES TO FROM KOBE. YOKOHAMA, NAGOYA. MOD. TOKYO'. MANIA'. OAVAO'. Penanj J P. Kelanf Sinjapore E Msia* KAMALEVERETT V2OE 27/2S Apr SHAPtAEVERETT V2OE 02/03 May 04/05 May KARABIEVERETT VI7E 25/26 May ACCEPTING BREAKBU.K FCI SOC CARGOES TO FROM CHIITAGONG. CAICUTTA ANO
      645 words
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      244 43 18* 6LOBY NAVIGATION GBOUP to 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 28/4 4/5 13/5 GLORY SELATAN V >N PT SP PKL HCM HK KAO GLORY SELATAN VI 15/5 ACCEPTING HEAVY
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      512 43 tew EGYPTIAN NAVIGATION COMPANY ALEXANDRIA (EGYPTIAN GOVERNMENT LINE) EAST MED/RED SEA CONVENTIONAL SERVICE rtSSU HOY SPO« tOAOW FOR PACtfIC r*»(x* 2104 PT SUZ PI SA# AU« (ISO »CCIPT EAST WDIIimUfIN PORTS ON MUC(MINI jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE SIN KARACHI ISLAMABAD 120HW 27 04 06/05 MAKRAN
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      697 43 "HIMI FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS HUIHE/104 27 04 10/ OS 11/05 13/ OS 28 05 VIHC/98 11/ OS 24/05 25/ OS 27/05 12/06 SHUN HE/103 26/ OS 09/06 10 06 12/ OS 27 06 TAO HE/84 11 OS
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      377 43 I m SjN FAR EAST 26/04 KEELUNG KAOHSIUNG 2 24/04 BANGKOK 24/04 MANILA/CEBU 24/04 JAKARTA/BELAWAN/SURABAYA 24/04 PORT KELANG/PENANG/E. MALAYSIA 24/04 BUSAN 24/04 TOKYO/YOKO/KOBE/NGO/OSA 24/04 HONG KONG I SIN CHINA (+m*±9mn) 24/04 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN SHANGHAI/XINGANG TIANJIN/QINGDAO/ HAIKOU also accepting LGL cargo I SIN EUROPE/UK 26/04 LDN/FLX/LVP/SOU J 26/04 RDM HAM
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      816 44 I PHIU-ORteNT LIN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P- Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0HJL V A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE t 28 APR SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 28
      816 words
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      391 44 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 30 APRIL (Accepting to all Nm Zealand porta) PENANfi 29 APR JAKARTA 24 APR PORT KLANG 29 APR BANGKOK 24 APR MELBOURNE 28 APR SYDNEY 28 APR FRERRANTLE 30 APR BRISBANE 28 APR ADELAIDE 20 APR I^^GOTHO«URG^^^^3oAPR^^^^| 'ACCEPTING TO ALL SCANDINAVIA PORTS
      391 words
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      Page 44 Advertisements Column 3
      381 44 Next Week's Sailings Singapore I 7Z FIRST FORWARDER IN To: ETD To: ETD asia aw arded Singapore Singapore ,so 9002 lrqa EVERY EVERY Bangkok SUN Jakarta SUN EVERY EVERY Manila SUN Ho Chi Minh FRI f s *fPj g) EVERY EVERY VT®>'V Colombo TUE Limassol THUR f MTERNATKMAL SEA FREIGHT
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      1799 45 ISEAMA^RGENTINMJN^^^n CONTAINERISED "HUB" SERVICE I DIRECT TO ARGENTINA/BRAZIL URUGUAY I BASE PORTS VIA BUENOS AIRES VIA SANTOS VESSELS VOY S PORE B.AIRES SANTOS USHUAIA M'VIDEO ASUNCION R.OE JANEIRO I PARANAOUA GREAT UNIVERSE OIW 09/0S 06/06 09/06 08/06 04/06 12/06 13/06 OESTINO* OIW 07/06 02/07 13/07 07/07 04/07 OS/07 16/07 17/07
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      383 45 CEYLON SHIPPING CORPN n&IpH National Line of Sri Lanka T COM AIM RISLD SLR\ ICE TO I k WD NORTH CONTINENT XL PORTS ttSgt <0t Ml CBO HAM RDM Mil THAMES LHV NC«»SI« HWCtSS 9116 i 21 04 03 05 St* «H« 4i;w 05 0} M 05 MOIKSI* HL IMim
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      Page 45 Advertisements Column 3
      566 45 CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.33 VCSSCIS VOV AIRE S" S MONTEV OtO tK AN JAKARTA SINGAPORE MONO KONG KACOSHIMA NASOYA YOKOHAMA OtKASOIST tM7 SAILEO tAILED SAILED SAILED SAILED SAILED IS IC, 04 20 21 04 W. miUfSKAYA EBOS SAILED SAILED SAILED SAILED 13 17,. 04 22, 04 26
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      542 46 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA I VIGOUR PACIFIC 9417N 22/04 (FRI) 30/04 (SAT) VIGOUR PACIFIC 9417 AN 25/04 (MON) 30/04 (SAT) LOADING EVERY VIGOUR LUZON 9418N 29/04 (FRI) 07/05 (SAT) FWDW ANO MONOAT VIGOUR LUZON 9418 AN 02/05 (MON) 07/05 (SAT) 1 SOUTH PHILIPPINES FULL CONTAINER
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      Page 46 Miscellaneous Column 1
      730 46 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1 5 1.3 1.2 1.3 1.4 1.7 2.0 2.3 15 2.4 2.2 IS 1.4 10 08 0.7 0.7 10 1.4
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      Page 47 Advertisements Column 1
      828 47 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PWA* PKE* PCD* VESSELS VOY SIN HTM ANT* LEH* HAM BRtt FEL 20/04 22/04 23/04 H. FRONTER 310W 25/04 13/05 14/05 16/05 14/05 14/05 17/05 27/04 29/04 30/04 SI FREEDOM 310W 02/05 20/05 21/05 23/05 21/05 21/05 24/05
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      Page 47 Advertisements Column 2
      488 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS USUI WY 5 R MC M KOUSKIM IH 27 4 M« KMIS MOT OH (3 SID ft SMI NIGtTI V»1 H I 21 lIUI UN 13 ?/S I S OUTBOUND VESSELS LOADING FOR TOKYO COSMIC LEADER Y44 SP t/%
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      Page 47 Advertisements Column 3
      976 47 JEDDAH/UK/CONTNENT I STORE KO S TON HHURG A BAM L£H Aiw Acctptitf C«|( Far KM 07/315 23/4 2/5 11/5 14/5 IC/5 11/5 Southampton to jl UK dntarutnv BHtist tni DuMr IA SIM 35/116 27/4 14/5 17/5 19/5 Rotterdam to il Antwerp. Aimtcrtfsn. o*. Mm*i HOICHSI lIPRISS 14/316 30 9/5 U/5
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