The Business Times, 22 March 1995

Total Pages: 50
1 50 The Business Times
  • 13 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Wednesday March 22 1995 85 C
    13 words
  • 2am LATEST
    • 57 1 Reuter NEW YORK Blue-chip stocks moved into record territory again yesterday. At 1 pm EST, the Dow Jones industrial average was up 11.41 points at 4,094.09, surpassing Monday's closing high of 4,083.68. In the broader market, advances led declines by a small margin on trading of
      Reuter  -  57 words
    • 48 1 Reuter BRUSSELS Bank of England executive director Brian Quinn yesterday said that the first indications of the inquiry into the collapse of UK merchant bank Barings pic showed that there had been a breakdown of controls of the bank's Singapore offices. Reuter
      Reuter  -  48 words
  • 167 1 Stock market indices Tuesday Change STII 2,089.07 -2.47 KLSEComp 964.84 -4.51 Nikkei closed Hang Seng 8,580.31 -14.12 SET Index 1,184.11 -0.71 Jakarta Comp 427.19 +0.25 Manila Comp 2,308.60 2.69 Taipei WPI 6,524.87 -16.71 Seoul Comp 946.07 -10.8 Bombay BSE30 closed CLSA China B 805.05 -2.89 Aust All Ord
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  • 804 1  -  By Genevieve Cua SINGAPORE Property magnate Ng Teng Fong has declared that he intends to mount a takeover of beverage group Yeo Hiap Seng (YHS). Reversing earlier unofficial indications that he would not cross the 25 per cent trigger point
    804 words
  • 470 1  -  By Genevieve Cua SINGAPORE Non-oil domestic exports surged 37.4 per cent last month in real terms, defying expectations of a cyclical lull due to the Lunar New Year holidays. Analysts said trade growth remained robust although February's strong year-on-year rise to $6.89 billion was
    470 words
  • 86 1 Reuter LONDON Bank of England deputy governor Rupert Pen-nant-Rea has resigned over an extra-marital affair, the Press Association yesterday quoted sources as saying. Bank of England press officers were not available for comment. A Treasury spokesman had no information. Sunday newspapers revealed last weekend
    Reuter  -  86 words
  • 282 1 AFP. Bloomberg Business News Reuter. AP WASHINGTON Italy's Kenato Ruggiero confirmed yesterday that the US had accepted him as first head of the new World Trade Organisation, and said he would serve only one four-year term in office. "The (US) administration has done
    AFP.; Bloomberg Business News; Reuter.; AP  -  282 words
  • 149 1 Bernama KUALA LUMPUR UMBC Securities Sdn Bhd yesterday said recent press reports which said it could incur potential loss of MS2OO million (SSI 10 million) in trading Khong Guan Holdings (M) Bhd shares were totally untrue and unfounded. Stressing that it was a
    Bernama  -  149 words
  • 276 1 AFP AP TOKYO The stock of a Japanese maker of industrial gas masks was traded a dozen times more than usual last Thursday and Friday on the over-the-counter market, before Monday's deadly gas attack on Tokyo's subway. The Mainichi newspaper yesterday
    AFP; AP  -  276 words
  • 142 1 Reuter, Bloomberg Business News NEW YORK The dollar tumbled to a new post-World War II low of 88.40 yen in early trading here and in London yesterday, below the previous low of 88.65 yen recorded on Monday. Soon after, the greenback showed
    Reuter,; Bloomberg Business News  -  142 words
  • 469 1  -  By Ramesh Divyanathan SINGAPORE Starting in June, a pilot scheme to regulate traffic on a stretch of the East Coast Parkway (ECP) will operate between 7.30 am and 8.30 am. Mondays to Fridays. Cars and other vehicles going through the Road
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  • Page 1 Advertisements
    • 184 1 ;/}\'(|^/"-*}][*.<$^+@]=,&/~]$% More stories, Pgs 18, 24 CONTENTS S'poce News 2 S'pweWsa .19.20.21 Regwnal News 3.4,5 Financial 24.25 World News 6.9 Features Martlets Reg Analysis 17 CM/HISE. SES 28 30 Editorial 16 Regional 26 Sports 13 World 21 TV lifestyle 15 Currencies —24 Focus 12 Simex/Commo 24,25 Subscription TH 1800-/*****7 Fax
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    • 7 1 Regional Analysis: p* i? Spotlight on Cambodia
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    • 18 1 Hock iMck Siew: pg 19 Big shipyards face uncertainty YHS (M) reports flat profit of Msl4.9m, Pg 20
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    • 9 1 Ruggiero has skills and experience for job, Pg 6
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    • 146 1 ,}/~</$)--=~\)'-^?}.|`']+=/[.;% Bottom Line: pr is Of frenzies and crasjy^& I .and transport debate sees its share of twists and turns, Pg 2 CORPORATE EARNINGS, Pg 19: Vickers Ballas up 11.8%; •Electronics Resources up 64% THE GREAT SEAFOOD THEATRE FEAST 1995 Business Lunch tisfe or Family Dinner Feast All You Can
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 328 2  -  By Paul Leo AN EARLY Lunar New Year drove money supply up sharply in January. The chief measure of money supply, M 2. rose 17 per cent year-on-year to $95.22 billion the biggest jump in the last three years. M 2 comprises currency in circulation,
        Source: MAS  -  328 words
    • 277 2  -  By Jenny Lam SINGAPORE'S largest consumer survey, 700,000 households, will begin tomorrow. Organised by Singapore Post and co-spon-sored by nine companies, the survey aims to find out about people's lifestyle and purchasing habits. A Singapore Post spokesman said
      277 words
    • 159 2 THE Subordinate Courts and the Academy of Law will play host to representatives of 15 Asia-Pacific countries at a forum from July 20 to 22. Guests will include highprofile judges from America to Australia. Initiatives taken up by different judicial systems to keep
      159 words
    • 581 2  -  In Parliament Yesterday By Ven Sreenivasan COMMUNICATIONS Minister Mah Bow Tan ran smack into heavy traffic in Parliament yesterday when his ministry's budget came up for debate and backbenchers pressed him on a broad range of issues. Some wanted bus
      581 words
    • PARLIAMENT BRIEFS
      • 92 2 THE Public Transport Council (PTC) welcomes privately run feeder bus services. Communications Minister Mah Bow Tan said in Parliament. Mr Mah said the PTC is likely to reject applications to run routes which duplicate existing services, but will accept those for shuttle or feeder bus
        92 words
      • 67 2 SINCE mid-1992, sea robbery reports have declined sharply, Minister of State for Communications Goh Chcc Wee said. Mr Cioh said this was the result of close cooperation with neighbouring authorities, such as increased naval and marine police patrols and arrest of suspected sea robbers. There was
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      • 90 2 A CONCEPT design for Changi Airport's Terminal 3 (T3) will be ready by the middle of this year. Communications Minister Mah Bow Tan said the detailed design by the Civil Aviation Authority of Singapore (CAAS) will tic in with a study on extending the
        90 words
      • 56 2  -  By Ramesh Divyanathan,Ven Sreenivasan THE corporalisation of refuse collection service will raise cfficicncy without any drop in standards, said Mr Mah, who is also Environment Minister. The service would be privatised eventually and companies would be invited to tender. Mr Mah said any fee increase
        56 words
    • 395 2  -  By Abdul Hadhi ABOUT 13 per cent of a 33,400 sq ft site bought last month by Wing Tai Holdings for $62 million will eventually be acquired by the government for road widening. A Wing Tai
      Photo by Arthur Lee  -  395 words
    • NEWS ROUNDUP
      • 88 2 THE Singapore government yesterday lodged a strong protest with the Philippine government over the burning of the Singapore flag by a Filipino national in Davao City on Monday. The mayor of the city was present during the burning. The Ministry of Foreign Affairs
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      • 137 2 MASS Rapid Transit passengers with Giro farecards can again use them to enter Giro-labelled gates at train stations. On Monday, they were unable to do so because of a software glitch in the ticketing system. As a result, the gates rejected Giro farecards.
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      • 63 2 IN A March 17 article headlined "Stevens-Walshe Road area turning into a condo enclave", we reported that a land parcel was sold to Tuan Sing subsidiary Habitat Properties. Habitat Properties is neither a subsidiary nor an associate company of Tuan Sing and the group does not own
        63 words
    • 297 2 Obituary ROSEMARIE Khoo. the wife of local hotel tycoon Khoo Teck Puat, died on Monday night after a year-long illness. Members of the family, including her husband and children. were present when she died at home. Mrs Khoo. 67, suffered a stroke in April
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  • Page 2 Advertisements
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    • 13 2 JUST DESERTS Legal discourses in digestible portions. The Law Page. Every Thursday. BiisinessTimes
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  • SOUTH-EAST ASIA
    • 414 3  -  From Ruth Wong in KUALA LUMPUR TRANSACTIONS in Malaysia's booming property sector saw a sharp 25.9 per cent jump in value last year, government figures released yesterday show. The growth rate compares with the 10.28 per cent recorded in 1993.
      414 words
    • NOTE BOOK
      • 93 3 Reuter KUALA LUMPUR The benchmark three-month Kuala Lumpur Interbank Offered Rate (Klibor) climbed to its highest level in a year at 6.15 per cent yesterday as recent liquidity-tightening moves by Bank Negara took effect, dealers and economists said. Participants scrambled for funds in the medium-term
        Reuter  -  93 words
      • 80 3 Reuter JAKARTA Indonesia's exports of wood products are projected to grow 12.3 per cent this year and earn the world's largest exporter of tropical plywood US$7.l9 billion (5510.13 billion). Antara news agency yesterday quoted Mohamad Hasan, chairman of the Indonesian Forestry Society, as
        Reuter  -  80 words
      • 78 3 AFP JAKARTA A leading Indonesian company said yesterday it was changing the English names on six major projects following official condemnation of the growing intrusion of English. The Ciputra Group took a full-page advert in the Suara Pembanian daily to announce it was proud to
        AFP  -  78 words
    • 237 3  -  From Leslie Lopez in JAKARTA GERMANY'S Deutsche Telekom yesterday signed a preliminary deal to buy a 25 per cent stake in Indonesia's private telecommunications firm PT Satelit Palapa Indonesia (Satelindo) for US$5B6 million (SssB27 million). The deal, after two weeks of intense
      237 words
    • 159 3 Reuter JAKARTA President Suharto yesterday urged Japan to invest more in Indonesia and increase imports of goods from the country following the yen's rise. "The president feels investments from Japan can be increased while Indonesia can boost exports to Japan." Industry Minister Tungky Ariwibowo said
      Reuter  -  159 words
    • 42 3 AFP KA VI POT, Cambodia A Cambodian salt scraper filling her baskets yesterday in seaside salt beds outside the provincial town of kampot, 144 km south of Phnom Penh. One kilogram of salt costs 20 US cents. AFP
      AFP  -  42 words
    • 299 3 Bloomberg Business News MANILA Companies locating in an industrial park in a former US military base north of Manila will generate almost US$l billion (S$ 1.41 billion) in sales a year after it opens. Government officials yesterday said the Subic Bay
      Bloomberg Business News  -  299 words
    • 264 3 AFP KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad yesterday called on voters to return his government to power with a strong mandate in the coming polls to ensure that the country's development stays uninterrupted. Dr Mahathir's appeal came ahead of a convention
      AFP  -  264 words
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  • CHINA/HONGKONG/TAIWAN
    • 534 4 Reuter BEIJING In one of China's biggest bank scandals, the central bank said yesterday it had sacked or disciplined 11 senior state bank officials, and rescinded a business licence, after they violated a credit squeeze. Diplomats said the central bank clearly intended
      Reuter  -  534 words
    • 485 4 The grain issue in China Reuter HONGKONG Corn is in such short supply in China's southern coastal regions that buyers are flooding Shanghai to ensure they secure stocks from ships arriving from the US, trading sources said yesterday. Exports, banned since
      Reuter  -  485 words
    • 471 4 AFP BEIJING China has accused foreign politicians of harbouring "ulterior motives" in putting forward academic research to show that the Asian giant's surging grain demand would create a global food crisis. Chinese Academy of Sciences (CAS) research fellow Hu Angang yesterday
      AFP  -  471 words
    • Article, Illustration
      54 4 Reuter ICHANG, China A woman playing at an open-air pool hall, her baby perched in a wicker basket on her back, in Yichang in Hubei province on Sunday. Fool played outdoors is among the most popular games in China and tables emerge at street corners in many cities
      Reuter  -  54 words
    • 313 4  -  By Teh Hooi Ling SINGAPORE China's inflation rate in 1995 should slow to 17.6 per cent while the growth of its retail price index (RPI) should dip to 16.1 per cent, predicts Sun Hung Kai Research Ltd. The company's forecast follows a drop
      313 words
    • CHINA WATCH
      • 70 4 AP SEATTLE A high-ranking Chinese official is in the United States to promote China's side of the Hongkong story. Lu Ping. China's top official involved in the 1997 transition of Hongkong to Chinese sovereignty, made his pitch on Monday in private meetings
        AP  -  70 words
      • 79 4 AFP BEIJING China has issued a ban on private firms operating in the country's wholesale sugar market, following steep price rises caused by speculation, a senior trade official was quoted as saying yesterday. "Investigations have found that quite a number of big and small
        AFP  -  79 words
      • 67 4 Reuter BEIJING Want to read the first 46 years of China's staid Communist Party newspaper, the People's Daily, on compact disc? From Tuesday, you can for a cool US$l9,BOO (5527.900). The People's Daily is the first Chinese newspaper to be available on CD-ROM, with 92
        Reuter  -  67 words
      • 62 4 AFP HONGKONG The quasi-official Hong Kong Trade Development Council is to open an inland China office to tap demand in the most populous region. HKTDC said yesterday. HKTDC is to set up its first inland office in the south-western city of Chengdu, capital of
        AFP  -  62 words
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  • REST OF ASIA
    • 373 5 Reuter NEW DELHI Indian Prime Minister PV Narasimha Rao, struggling to restore unity in his Congress party following electoral setbacks, came under new pressure yesterday following the resignation of a senior politician from his party posts. Former cabinet minister Narain
      Reuter  -  373 words
    • 335 5 Bloomberg Business News WELLINGTON The head of New Zealand's central bank said the nation's importers arc profiting from the appreciation of the locSl dollar but haven't passed on the full benefits to consumers. Only two-thirds of the lower import prices
      Bloomberg Business News  -  335 words
    • 405 5 Reuter WELLINGTON New Zealand Prime Minister Jim Bolger signalled yesterday he would try to set aside disagreements on nuclear policy and open a new chapter in relations when he meets US President Bill Clinton next week. Mr Bolger, who leaves
      Reuter  -  405 words
    • ASIA NOTES
      • 67 5 AFP SEOUL South Korea's personal computer (PC) exports remain in the doldrums, locked in fierce competition with cheaper Taiwanese products and advanced Japanese and US models. The International Trade and Industry Ministry yesterday said the country's PC exports, which peaked in 1989 with a
        AFP  -  67 words
      • 95 5 AFP SEOUL South Korea has set an average 7.1 per cent increase as this year's guideline wage hike. A team of 11 government-com-missioned experts yesterday announced a recommended band ranging from 5.6 per cent to 8.6 per cent for pay increases, depending on the
        AFP  -  95 words
      • 67 5 Reuter WELLINGTON The seasonally-adjusted number of overseas visitors to New Zealand fell 3.0 per cent between January and February. Statistics New Zealand yesterday said the fall followed a seasonally-adjusted increase of 3.0 per cent between December and January. Unadjusted, the number of visitors
        Reuter  -  67 words
  • Page 5 Advertisements
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      69 words

  • THE WORLD
    • WORLD WATCH
      • 82 6 Reuter WASHINGTON Federal Reserve vice-chairman Alan Blinder said that US monetary policy was roughly balanced now between the risk that the central bank had raised rates too far or not enough. He rated "the risks of overkill and the risks of doing too little and
        Reuter  -  82 words
      • 66 6 AFP WIESBADEN, Germany Industrial production prices in western Germany rose 0.2 per cent in February over the previous month and 1.8 per cent compared to February 1994. the Federal Statistics Office said yesterday. Analysts' forecasts had put the increase at between 0.2 and 0.6 per
        AFP  -  66 words
      • 74 6 Reuter WASHINGTON Most Americans surveyed believe that Republican lawmakers are going too far in cutting federal social programmes that help children, the elderly, the poor and the middle class, a new poll showed. As a result, the Washington Post-ABC News survey suggested that President Bill Clinton may
        Reuter  -  74 words
      • 69 6 Reuter LOS ANGELES The cities and school districts that invested in Orange County's ill-fated investment pool are likely to join the county bankruptcy case even after they accept a settlement plan ending the pool case. US Trustee Marcy Tiffany, who is overseeing the cases,
        Reuter  -  69 words
      • 62 6 AP MOSCOW Russia's economy is emerging from crisis and growth is possible by 1997 if current policies continue. Economics Minister Yevgeny Yasin said Monday. In documents distributed to legislators, the Economics Ministry said the government's focus on narrowing the budget deficit and controlling the
        AP  -  62 words
    • 337 6 The Washington Post CAIRO The United States and Egypt have sought, amid tension between the two governments, to reassert their common interests by launching a joint effort to boost Egypt's economy through market reforms and foreign investment. The announcement on Monday heralded
      The Washington Post  -  337 words
    • 410 6 Reuter. FT LONDON Prime Minister John Major was to face another tough vote late last night, a day after one of his staunchcst Northern Irish allies died of a heart attack. Northern Ireland politician James Kilfedder, the only Member
      Reuter.; FT  -  410 words
    • 57 6 Reuter CAPE TOWN Queen Elizabeth II standing next to South African President Nelson Mandela during an official state banquet on Monday here. The queen spoke at the banquet of Mr Mandela's 'wise and generous leadership', under which she said South Africa was emerging as a
      Reuter  -  57 words
    • 258 6 Bloomberg Business News PARIS Bundesbank president Hans Tietmeyer said he's "convinced" that the French franc will never fall to its floor within the European exchange rate mechanism. The central rate for the exchange rate between the deutsche mark and the franc is
      Bloomberg Business News  -  258 words
    • 503 6 Reuter GENEVA Italy's Rcnato Ruggiero, poised to lead the new World Trade Organisation. has enjoyed a career spanning government, diplomacy and big business. The European Union's 64-year-old candidate for directorgeneral of the WTO has been a roving ambassador for Fiat motor
      Reuter  -  503 words
    • 370 6 Bloomberg Business News LONDON Britain's trade deficit with countries outside the European Union widened to a lower-than-expected £343 million (*****.8 million) in February from £291 million in January, the Central Statistical Office said yesterday. "The trend in the visible balance, heavily influenced by
      Bloomberg Business News  -  370 words
    • 428 9 Reuter WASHINGTON The International Monetary Fund (IMF), faced with mounting demands for financing from a host of nations from Mexico to Russia, will on Friday discuss ways to increase its resources, international monetary sources said on Monday. The sources
      Reuter  -  428 words
    • 252 9 Reuter UNITED NATIONS The United States, escalating a diplomatic battle with Europeans, submitted on Monday names of women for the top post at Unicef to try to ensure another American gets the job. Sources said the candidates for the executive directorship of
      Reuter  -  252 words
    • Article, Illustration
      70 9 Reuter LONDON A Compassion in World Farming (CIWF) demonstrator displaying a life-si/c veal crate and model calf outside [.ondon's High Court on Monday to highlight the fate awaiting the majority of calves exported from Britain. The CIWF has been given permission by the High Court to intervene in
      Reuter  -  70 words
    • 312 9 Bloomberg Business News AUSTIN, Texas A telecommunications deregulation bill that would make Texas one of the most competitive local telephone markets in the country has gained the support of key industry and consumer groups with the glaring exception of major long-distance telephone
      Bloomberg Business News  -  312 words
    • 183 9 Reuter NEW YORK The US tobacco industry is celebrating the dismissal of a haemophiliac class action against drug companies. saying the ruling could help it end a massive suit filed on behalf of millions of addicted smokers. Richard Posner. chief judge of
      Reuter  -  183 words
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  • WORLD FOCUS
    • 1368 12  -  Americans push for political autonomy from Washington From Leon Hadar in WASHINGTON AMERICANS take pride in championing self-determina-tion for national minorities around the world. They have been in the forefront of the struggle for the right of secession of the Kurds from Iraq and
      1,368 words
  • Page 12 Advertisements
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    • 14 12 CENTRE STAGE Keep in step with the culture beat. The Arts. Every Monday. BiisinessTimes
      14 words

  • SPORTS
    • 585 13 AFP INDIANAPOLIS, Indiana Michael Jordan's return makes the Chieago Bulls a legitimate contender for the National Basketball Association (NBA) title in what was already the most wide-open race in more than a decade. Jordan looked rusty in his first NBA game
      AFP  -  585 words
    • 666 13  -  Tongue-in-cheek, Dave Anderson makes a guess Dave Anderson NYT NEW YORK Ever since Michael Jordan moved onto the runway for takeoff, just about everybody in the National Basketball Association except the ballboys have been asked for their thoughts on the return of His Higher
      NYT  -  666 words
    • SCORE CARD
      • Article, Illustration
        25 13 NEW YORK NBA Monday: Atlanta 106 LA Clippers 102; Cleveland 100 Dallas 102 (2ND OT); San Antonio 104 Seattle 96; Sacramento 91 Denver 89.
        25 words
      • Article, Illustration
        124 13 DUNEDIN, New Zealand Sri Lanka was 210 for three wickets in its second innings, an overall lead over New Zealand of 136 runs, at the dose of play on the fourth day on Tuesday of the second test at Dunedin. Scores: Sri Lanka 233 (C Vaas 51) and 210
        124 words
      • Article, Illustration
        213 13 LONDON European Ryder Cup standings (one point for every one pound won): 1 Scve Ballesteros (Spn) 333,422 pts 2 Bernhard Langer (Ger) 204,406 3 Colin Montgomerie (Scot) 199.395 4 David Gilford (Eng) 187.403 5 Jose Maria Olazabal (Spn) 156,577 6 Costantino Rocca (Ita) 154,889 7 Pcr-Ulrik Johansson (Swe) 149,611
        213 words
      • Article, Illustration
        273 13 KEY BISCAYNE, Florida LSS4.I million Lipton Championships Monday Men's 3rd rd: 1-Pete Sampras (US) b Jared Palmer (US) 6-4 6-4; Mark Woodforde (Aust) b 7-Jim Courier (US) 6-3 6-4; 8-Waync Ferreira (SA) b Mark Philippoussis (Aust) 6-4 7-5; 10Andrci Medvedev (Ukr) b Patrick McEnroe (US) 6-4 7-6 (8-6); 12Magnus
        273 words
      • Article, Illustration
        87 13 SAN DIEGO America's Cup semi-finals Monday (each victory worth one point) l>ouis Vuitton Cup Challenger Series: Tag Heuer Challenge (Chris Dickson) b One Austraila (John Bertrand) by 1:19 mins; Team New Zealand (Peter Blake) b Nippon (Makato Namba) by 6:14. Standings: 1 Team New Zealand 2 pts 2 One
        87 words
    • 642 13 America's Clip AFP SAN DIEGO, California America 3, still drawing fire for breaking up the first all-woman crew in America's Cup history, scored its first victory with Dave Dellenbaugh as tactician and starting helmsman here on Monday. Mighty Mary defeated Dennis Conner's Stars and Stripes
      AFP  -  642 words
    • 404 13 NYT KEY BISCAYNE, Florida Whether you're riding high as No 1 in the world, or whether you simply used to be No I, tennis still comes down to a confidence game: neither topranked Arantxa Sanchez Vicario nor former No I Jim Courier had much
      NYT; Reuter  -  404 words
    • 262 13 NCAA Basketball Tournament AP NEW YORK Buzzer-beat-ers carried UCLA. Georgetown and Memphis into the NCAA tournament's round of 16 on Sunday and sent Missouri. Weber State and Purdue packing for home. And defending champion Arkansas needed overtime to escape an upset. UCLA, ranked No 1
      AP  -  262 words
    • SIDE LINES
      • 82 13 AFP KUALA LUMPUR Malaysian police have dismissed reports that football bookies here rigged games in the English Premier League and World Cup despite suspicion that punters had international links, a report said on Monday. About 150 soccer players, officials and bookies have been arrested
        AFP  -  82 words
      • 101 13 AP NEW YORK A close friend and former teammate of Reggie Lewis claims he used cocaine several times with the late Celtics captain, including five days before Lewis collapsed at a playoff game two years ago, the Wall Street Journal reported on Monday. Derrick
        AP  -  101 words
      • 98 13 Reuter GEORGETOWN. Guyana Australian paceman Glen McGrath bowled himself into contention for a place in Australia's team for the first Test against West Indies with a five-wicket haul against Guyana on Monday. With leg-spinner Shane Warne also taking three wickets, Guyana were bowled out for
        Reuter  -  98 words
      • 84 13 NEW YORK On the eve of the re-trial of Gunther Parche, the German who stabbed Monica Seles (right) during a changeover in Hamburg. Germany, on April 30, 1993, Karolj Seles reiterated on Monday that there is no set date for his daughter's return
        84 words
      • 66 13 AFP INDIANAPOLIS, Indiana Indiana Department of Corrections officials said on Monday that former world heavyweight boxing champion Mike Tyson will be released from the Indiana Youth Centre minimum-security prison on Saturday at 6am local time. Tyson was sentenced to six years' jail in 1992 for
        AFP  -  66 words
      • 81 13 AFP ISLAMABAD Pakistan's cricket authorities on Monday lifted a ban imposed earlier this month on former Test captain Salim Malik over bribery allegations. The decision was taken by a three-member ad hoc committee in charge of cricket affairs which said Malik "must be considered innocent"
        AFP  -  81 words
      • 69 13 AFP MONTE CARLO Athens and Helsinki have applied to stage the 1997 world athletics championships following Mexico's pullout in the wake of domestic economic turmoil. The Greek athletic federation applied for Athens to host either the 1997 or 1999 championships, the International Amateur Athletic
        AFP  -  69 words

  • Page 14 Advertisements
    • 1035 14 Nothing Beats A WHERE TO WINE, DINE AND ENTERTAIN or g Homecookcd ||g 10 Varieties of Pasta I HP 20 different sauces j l Bi And all-time Italian favourites A !-antipasti, pizza and puccia. L PASTA FRESCA DA SAIVATOftE PTE LTD I 30BootQja*;S(0104)(Open84hous>.Td:532 6283/*****10 ff| r •8k 833 toysMte Bukit
      1,035 words
    • 337 14 17 to 26 March 1995 Pine Court T Here's a chance for you to sample cuisine from V" Chengde's Ching Dynasty Summer Palace. Experience the way game and poultiy are prepared Chengde style, and savour dishes specially created by our guest chefs from Chengde City. For more D9#yS information, please
      337 words

  • LIFESTYLE
    • 740 15  -  Susan Tsang on this week's Christie's auction here Susan Tsang CHRISTIE'S will be holding its Singapore sales this week. Collectors interested in their South-east Asian roots, as opposed to the Chinese art sold at the Hongkong sales, will find much to interest them,
      740 words
    • 305 15 CHRISTIE'S is organising its first series of gallery talks in Singapore, in conjunction with its March auctions here. Singapore buyers are becoming more active on the auction scene, and the gallery talks are aimed at increasing the awareness of local buyers. The
      305 words
    • CHATTER BOX
      • 155 15 UPI COMEDIAN Paul Reiser believes he has just about exhausted the comedic possibilities of love and relationships. His hit NBC sitcom Mad about you focuses on the lighter side of married life as experienced by a perky young couple in the
        UPI  -  155 words
      • 55 15 UPI THE STORY of Harvey Milk, the slain San Francisco city supervisor, already has been made into a successful opera, and now it appears a movie is forthcoming. Warner Bros has the film in development, tentatively titled The Mayor of Castro Street. Pulitzer prize-winning playwright Tony Kushner is tentatively set
        UPI  -  55 words
      • 56 15 UPI THE DLCHESS of York is planning to make her mark in Hollywood by producing a movie about one of history's most colourful figures: Britain s Queen Victoria. Sarah Ferguson, the estranged wife of Prince Andrew, got the go-ahead on the project from 20th century Fox after personally pitching the
        UPI  -  56 words
  • Page 15 Advertisements
    • 186 15 WHERE TO WINE, DINE AND ENTERTAIN dlatrrtljtll jSteak Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1150+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 KARAOKE: It's Performance Time Join the
      186 words
  • Page 15 Miscellaneous
    • 1189 15 I TV RADIO two-in-one documentary treat featuring whales ofT the 1 1.J eastern Canada as well known as the stone runner one of the rarest nesting birds --f V-- -7^ in Britain. Wateh and wonder how Daniel Day-Lewis dispenses with the talent he exhibited in My Left Bpfr .'Jrather go
      1,189 words

  • 485 16 EDITORIAL THE strong yen is not going to go away and this means Japan faces some painful decisions on monetary and economic policy. Even in the unlikely event of coordinated action by the Group of Seven (G-7) industrialised countries on interest rates and currency market
    485 words
  • WHAT THE OTHERS SAY
    • 178 16 SINGAPOREANS could be excused if they are amazed and angered by the Philippines' elevation of a convicted double-murderess to the status of a national heroine after her execution last week. But that is the way of mob logic. Filipina Flor Contemplation, who came here to
      178 words
    • 138 16 THE TRADE DISPUTE on American intellectual property between China and the US has ended amicably. Beijing has reassured Washington of its willingness to protect American trademarks. In return, Washington has pledged support for China's WTO membership. The accord is historic. It shows two important economies have
      138 words
    • 214 16 ACTIVITIES to mark the 50th anniversary of the end of World War II will remind us to draw lessons from the painful experience of wars, make us aware of our roots and the tough journey that we have travelled. This will help us unite with a strong
      214 words
    • 179 16 WITH accountability, proper management and trading skills, derivatives are the only hedging mechanisms that can protect investors' capital. As long as users can contain their greed for quick profits, the hedging mechanisms are a very useful tool for them to protect and diversify their investment
      179 words
    • 168 16 THE RECENT yendaka, the appreciation of the Japanese yen, is indeed very worrying. Minister of Finance Mar'ie Muhammad's expression of concern last week was hardly proportional to the great vulnerability of the Indonesian economy to this kind of external factor. The yen's appreciation and, in
      168 words
    • 161 16 THE TIME has come for drastic action to be taken to save fish stocks but unilateral moves like those taken by Canada are not the answer because of the risk of it escalating into a dangerous situation. Despite the traditionally warm ties between Spain
      161 words
  • 931 16  -  Since government funds cannot satisfy Thai industry's demand for educated manpower, private institutions of learning are springing up. Alan Boyd reports Alan Boyd The writer is a Bangkok-based journalist who contributes to BT WHEN Chitpoun Tummasiri went into business making computer modems
    931 words
  • Page 16 Advertisements
    • 257 16 C&gi&i*± IN-DEPTH mm business IMlnewsfrom (SB SINGAPORE (jJ Business has covered the local and regional business scenes with more depth Mr/Mrs/MlssMs occupauon: and breadth from a perspective which is J company J more relevant to local businessmen than Dept Age J any other publication. Some may call it Tel M
      257 words
  • Page 16 Miscellaneous
    • 83 16 (miND v i jo>m) li ve eces ocrw tm£. tcR rive. yep>Rs\ Wlrpgi-. SSViSSS 5 n N V r P» stkou. Rou*D\ JPSyD K2^ UX><f-»G PcR fow V4AV£ TO tHOTfeJOeNT F*HD KIOCS J 1 POirTTOHC-OR 1 TVJO THINGS OUT I e inociATtD WWW" 'To- n«-n*« 9^3 DOONESBURY GARRY TRUDEAU KT
      83 words

  • REGIONAL ANALYSIS
    • 1586 17  -  ECONOMIC I OUTLOOK J 95 Spotlight on CAMBODIA in a BT country-by-country survey of regional economies HARISH MEHTA HARISH MEHTA The writer is BT's Indochina correspondent THE Cambodian government is focusing its energies this year on implementing a package of growth-oriented policies to
      1,586 words
    • 1156 17  -  David Howell finds investment prospects promising but says the country urgently needs reliable legal and bureaucratic institutions David Howell The writer is a Singapore-based international partner of the law firm. Baker and McKenzie THE WITHDRAWAL in 1993 of United Nations peacekeeping forces from Cambodia has not
      1,156 words
  • Page 17 Advertisements
    • 355 17 Panel Of Authoritative Speakers.. Dato' Ghazi H Ramli, Executive Chairman, M IHWjyfl II |1 WmAll II Hi 11 RH Indah Water Konsortium Sdn Bhd Singapore lan ArstaN, Partner. Lmklaters Paioes Rosa Koo, Lee Lee 21 -23 June 1995 Hilton Singapore, Ballroom o*ndHm**.rmmr,Baker&McKen«! /T^T M" Cheong Choy Wai, Tax Partner. J
      355 words

  • 363 18 Aftermath of the Barines debacle Reuter LONDON Barings' unsecured creditors are scrambling to recover money lost when the merchant bank group collapsed, with one set forming an action group and others sueing each other over conflicting claims. Holders of some £52 million (SSI
    Reuter  -  363 words
  • 171 18 Bloomberg Business News FRANKFURT Deutsche Bank AG, Germany's largest bank, said a trader suspended from its French office about two weeks ago lost about 22 million deutschemarks (5522.15 million) trading interest rate derivatives. The size of the loss was revealed by Rolf Breuer,
    Bloomberg Business News  -  171 words
  • 256 18  -  From Ruth Wong in KUALA LUMPUR SECURITIES Commission chairman Munir Majid has called on regulators of the derivatives market to work together in developing and regulating the system internationally. "The same or similar derivatives products are traded in a number
    256 words
  • 254 18 Reuter CHICAGO Barings' Nick Leeson sold 19,120 Nikkei-225 option straddles between September 1994 and February 1995, according to an article by RISK Magazine yesterday. The magazine, which obtained a confidential document Goldman Sachs sent its customers on March 1, said Goldman had been
    Reuter  -  254 words
  • 62 18 AFP NEW DELHI An elephant crushing pirated Mickey Mouse toys during a demonstration yesterday attended by representatives from Walt Disney's Indian joint venture, WD Consumer Products Ltd, launched last year. Ihe US entertainment giant has issued a stern warning to Indian firms against copyright infringements.
    AFP  -  62 words
  • 193 18 Reuter PARIS Motorola of the United States and NEC Corp of Japan arc set to take a 17 per cent stake each in lossmaking French computer maker Cie des Machines Bull. Sources close to the talks yesterday said IPC of
    Reuter  -  193 words
  • 1038 18  -  The Bottom Line LEE BOON KENG LEE BOON KENG The writer is a lecturer at the Nanvang Business School, NTU INTERVENTION BY several central banks failed to prevent the US dollar from plunging. Not so long before, the Mexico peso experienced a similar crisis
    1,038 words
  • 129 18 Reuter PARIS Bundesbank president Hans Tietmeyer said the central bank would review whether there was scope for a further cut in its interest rates. But he added the bank had to look at developments before making policy decisions. He was surprised that
    Reuter  -  129 words
  • 274 18 Bloomberg Business News LONDON The UK government's plans to parcel up the national rail network have produced a stampede of buyers interested in purchasing the three companies that will own and lease trains in Britain. Since October, some 400 companies have expressed interest
    Bloomberg Business News  -  274 words
  • Page 18 Advertisements
    • 85 18 I Authorised Dealer For Singapore, China Vietnam PRIME DEVELOPMENT SITE AT BROOKE ROAD DISTRICT 15 1 FOB SALE BVTENPEB 1 Located off East Coast Road/Marine Parade Road Land Area of 2,454.5 sm (Approx. 26,420 sf) Freehold Tenure Potential Residential Plot Ratio of 2.1 Tender closes on Tuesday, 28 March 1995,
      85 words
    • 16 18 British fund managers take business elsewhere, Pg 24 Full details behind collapse needed: Liffe, Pg 24
      16 words
    • 16 18 paa COMPan I MICRO Consumer Products Centre I #04-40 Funan Centre I Franc's strength, Pg 6
      16 words

  • COMPANIES & MARKETS
    • 464 19  -  By Shiv Taneja SINGAPORE Vickers Ballas Holdings yesterday reported an 11.8 per cent rise in group net earnings to $36.1 million for the year ended Dec 31, 1994. Earnings per share, however, fell to 14.83 cents from 22.24 cents in 1993
      464 words
    • 261 19 SINGAPORE Boosted by contributions from a property development project, Apollo Enterprises' net earnings almost trebled to $3.79 million last year. The profit jump reported yesterday was a hefty recovery from the 76 per cent drop in 1993 net earnings of $1,271 million. The
      261 words
    • 302 19 SINGAPORE Industrial hardware supplier Sin Soon Huat's (SSH) initial public offer has attracted an overall subscription rate of 1.15 times, but the group will not be balloting its shares. Instead, the Sesdaq issue, underwritten by Overseas Union Bank, will be allocated
      302 words
    • 768 19  -  HOCK LOCK SIEW By Rahita Elias SINGAPORE As recently as late last year, the Big Three shipyards were predicting a world tanker market recovery which would boost their fortunes here. After all, more than half their earnings come from jobs on tankers. But
      768 words
    • 318 19  -  By Quak Hiang Whai SINGAPORE Two listed subsidiaries of United Overseas Bank yesterday reported impressive profits for 1994 a hint that the parent would do just as well, if not better. Industrial Commercial Bank (ICB) posted a 42.2
      318 words
    • 238 19  -  By Claire Leow SINGAPORE Sesdaqlisted computer products distributor Electronics Resources yesterday announced a one-for-one bonus, after a 64 per cent rise in net profit last year to $4 million. Regional growth and new lines lifted turnover 98 per cent to $233.8 million in the year
      238 words
    • EYE on your STOCKS
      • Article, Illustration
        48 19 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance, Credit I.yonnais Securities, Daiwa, Fraser, GK Goh, Kay Hian, Morgan Grenfell, OngCo, Nomura, Phillip, Smith New Court, WI Carr and SG Warburg.
        48 words
      • Article, Illustration
        112 19  -  -By Paul Leo ELECTRONIC Resources rose 48.1 per cent or 25 cents to 77 cents yesterday from an all time low of 52 cents on Jan 23. Despite strong interest in the stock, further advances is likely to be cap by resistance at 82 cents. Yesterday's volume of
        112 words
    • COMPANIES
      • COMPANY BRIEFS
        • 42 20 SINGAPORE A subsidiary of Heshe Holdings Ltd, Bene Fashion Singapore Pte Ltd, has sold its half stake in Multifashion Pte Ltd to PT Jaya Krisan Cahaya Department Stores for *****.775. The transaction was completed on Monday.
          42 words
        • 53 20 SINGAPORE Koh Brothers Group Ltd has incorporated two subsidiaries on Mar 4 for real estate activities. Koh Brothers Project Management Pte Ltd (KBPM) has an authorised capital of $100,000 and Mount Sinai Pte Ltd, $1 million. KBPM will be a wholly-owned subsidiary of Koh Brothers
          53 words
        • 62 20 Bernama KUALA LUMPUR Malaysian Plantations Bhd has agreed to buy a stockbroking company in Johor Bahru. The company said it will acquire the Dynamic Pearl Sdn Bhd for M 5226 million (S$ 125 million) from the owners, Goh Song Leong and Ahmad Fuad Hj Md Ali.
          Bernama  -  62 words
        • 64 20 Reuter MANILA The Philippine Stock Exchange will list 81.1 million new B shares of Ayala Land Inc tomorrow. The new shares, which will come from the company's unissued authorised capital stock, will be used to cover the conversion of its long-term commercial paper, the
          Reuter  -  64 words
        • 59 20 Bloomberg Business News BANGKOK Telecom Asia Corp pic has agreed to broadcast Country Music Television programming on its new Universal Cable TV Network. Country Music Television is a 24-hour network based in the US. It is jointly owned by Gaylord Entertainment Co and Group W Satellite
          Bloomberg Business News  -  59 words
      • 1433 20 Mugfl' )HW (S) Mar 22 US Gr Fund 0.98 1.02** Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.57 1.66 Unifund 1.31 1.37 The Savings Fund 1.42 l.50xd Unibond 1.015 1040 S'pore Prog Fund 0.57 0.61 United Gr Fund! 1.55 1.62 S pore See Fund 0.93 0.99 United Asia
        1,433 words
      • 281 20  -  From Ruth Wong in KUALA LUMPUR FOOD and beverage group Yeo Hiap Seng (Malaysia) has posted a net profit of MS 14.9 million (SSB.3 million) for 1994 an increase of just 2.3 per cent from MS 14.52 million in 1993. This resulted in
        281 words
      • 193 20 AFP MANILA Philippine Airlines Inc (PAL) chairman and chief executive Lucio Tan yesterday called on the Philippine government and other shareholders to put up 2.5 billion pesos (S$ 136.2 million) in new capital to turn around the haemorrhaging airline. Mr Tan, who controls PR
        AFP  -  193 words
      • 147 20 SINGAPORE QAF said yesterday it would form a joint venture with Singapore Telecom to engage in printing and publishing in Brunei. A QAF subsidiary, The Brunei Press Sdn Bhd, will own 50 per cent of the joint venture. Telecom subsidiary Integrated Information will own
        147 words
      • 481 20 Bloomberg Business News MANILA Shares of the country's largest bank, statecontrolled Philippine National Bank (PNB), dropped to a 22month low, but few here flag it as a strong buy. "It's in a crisis now," said Noel Reyes, vice-president of research at Dharmala Securities Inc. "Until
        Bloomberg Business News  -  481 words
      • 186 20 Bloomberg Business News KUALA LUMPUR Mulpha International Bhd. a trading company, yesterday said it will pay MSSS million (SS3O million) for a 51 per cent stake in the company that has the contract to supply water in the southern state
        Bloomberg Business News  -  186 words
      • 151 20 Reuter MANILA The Philippine government has accepted a surety bond from the Metro Pacific Corp-led group which won the Fort Bonifacio land development project. Yesterday's announcement by Bases Conversion Development Authority (Basecon) spokesman Ed Javier means the country's biggest land deal has passed
        Reuter  -  151 words
      • 500 20 Bernama KUALA LUMPUR The consortium of four companies bidding to build the East Coast Highway has been given until the middle of April to come to a final agreement on the terms of the concession. Works Minister Leo Moggie yesterday said his ministry
        Bernama  -  500 words
      • 308 20 AFP, Bloomberg Business News KUALA LUMPUR Japan's Honda Motor Co has pledged to continue assembling and distributing its vehicles in Malaysia through Oriental Holdings Bhd. although the local franchisee is the target of a rumoured takeover. Oriental has been linked to various suitors by local
        AFP,; Bloomberg Business News  -  308 words
      • 188 20 AFP KUALA LUMPUR An association of Malaysian retail investors said yesterday it was forming an investment company to collectively invest on the local bourse and other stock markets in the region. Patrick Lim. president of the Malaysian Investors Association (MIA), said the association would hold
        AFP  -  188 words
      • 459 21 Bilfinger Berger bids to take over B&B Asia unit Bloomberg Business News HONGKONG German construction group Bilfinger Berger Bau AG is bidding HKS2.2O a share to buy out the minority shareholders in its loss-making Hongkong-based subsidiary' B&B Asia. B&B, whieh is 69.7 per eent owned by Bilfinger, yesterday said that
        Bloomberg Business News  -  459 words
      • 163 21 Reuter HONGKONG Investors should consider underweighting equities and overweighting cash assets in 1995. HSBC Asset Management, in a global strategy report released yesterday, said: "US GDP growth is unlikely to show signs of a significant slowdown much before the second half of 1995. "Both
        Reuter  -  163 words
      • COMPANY BRIEFS
        • 63 21 Reuter HONGKONG Philip Morris Cos Inc and PepsiCo Inc yesterday said they had formed a 50-50 joint venture to market ready-to-drink canned coffee in Asia. The venture. Maxwell House Beverage Company, formed by Philip Morris unit Kraft Foods International and PepsiCo unit Pepsi-Cola Manufacturing
          Reuter  -  63 words
        • 55 21 Bloomberg Business News HONGKONG Electronic calculator maker Truly International Holdings yesterday said its net profit rose 15 per cent in 1994. The profit, which is after tax and payments to minority interests, rose to HK594.6 million (S$ 17 million) from HKSB2.I million in the
          Bloomberg Business News  -  55 words
        • 42 21 Bloomberg Business News SHANGHAI Transportation company Shanghai Yatong yesterday said its net profit for the year ended Dec 31, 1994, was 10.8 million yuan (Ssl.B million). Shanghai Yatong did not provide any comparative figures. Bloomberg Business News
          Bloomberg Business News  -  42 words
        • 68 21 Bloomberg Business News WILMINGTON, Delaware DuPont chairman and chief executive Edgar Woolard Jr was paid US$2.O5 million (552.89 million) in salary and bonus last year, up 64 per cent from 1993. The company's proxy statement said the head of the US' largest chemical company also realised
          Bloomberg Business News  -  68 words
        • 66 21 Bloomberg business News HOUSTON, Texas Conoco Inc has formed a business unit to pursue power projects in the evolving worldwide electrical power market. The DuPont Co subsidiary yesterday said Conoco Power would have the leverage from existing businesses to enable it to capture emerging opportunities in
          Bloomberg business News  -  66 words
      • 41 21 Reuter NEW YORK A group of environmental activists staging a "die-in" outside the corporate headquarters of Mitsubishi International here on Monday. The protest was over the company's new paper mill being built in Alberta, Canada. Reuter
        Reuter  -  41 words
      • 423 21 Bloomberg Business News HONGKONG Canada's Regent Fund Management said on Monday it has won pledges from a third of China Assets shareholders' votes in its bid to break up one of China's leading Hongkong-listed investment funds and sell the pieces.
        Bloomberg Business News  -  423 words
      • 280 21 Reuter TAIPEI Payments for shares in the state-run China Steel Corp, Taiwan's biggest ever privatisation, began yesterday, but analysts said the sell-ofT would not soak up too much of the stock market's available liquidity. If all the shares on offer are bought by
        Reuter  -  280 words
      • 637 22 Reuter Los Angeles Times NEW YORK Moving to preempt a threat that federal regulators would impose more drastic reforms, the Nasdaq stock market on Monday unveiled what it described as sweeping changes designed to give small investors better prices when they buy
        Reuter; Los Angeles Times  -  637 words
      • 393 22 Reuter PARIS Shares in Credit Lyonnais tumbled on the Paris bourse on Monday as investors fretted that the state bailout, unveiled at the end of last week, will leave the bank paying for its past troubles well into the next century. The
        Reuter  -  393 words
      • 369 22 Reuter SAN FRANCISCO Microsoft Corp. Intel Corp and other computer and telecommunications companies on Monday announced a new standard for connecting most PC peripheral devices through a single port in the back of the machine. The Universal Serial Bus would solve
        Reuter  -  369 words
      • 448 22 Reuter BONN Daimler-Benz AG. Germany's largest industrial conglomerate, yesterday said a holding company which had owned 12.3 per cent of its shares would be merged with Daimler and thereby dissolved. Daimler said the insurance companies and banks which owned Stella Automobil-Betei-ligungsgesellschaft would now be direct
        Reuter  -  448 words
      • 224 22 Reuter COLUMBUS, Ohio Borden Inc said it has sold 111 million RJR Nabisco Holdings Corp shares at U555.75 each, raising gross proceeds of US$63B million (*****.6 million). Kohlberg, Kravis Roberts Co (KKR) granted the RJR shares to Borden last week to
        Reuter  -  224 words
    • FINANCE & COMMODITIES
      • 369 24 Aftermath of the Barings debacle Reuter LONDON British fund managers on Monday said they were steering clear of Barings by taking their broking business elsewhere after the collapse of the merchant banking group and its rescue by ING, the Dutch bank and insurance giant.
        Reuter  -  369 words
      • 246 24 Reuter LONDON The London International Financial Futures and Options Exchange (Liffe) on Monday said it needs to know the full details behind the collapse of Barings pic before being confident a similar incident would not occur in London. "It is an ongoing consideration. We
        Reuter  -  246 words
      • 48 24 Reuter HANOI A Vietnamese mother and child tending a rice field on the outskirts of Hanoi yesterday. Vietnam has banned the conversion of rice fields for industrial use to maximise rice production in a decision which could affect foreign investment, officials said. Reuter
        Reuter  -  48 words
      • 163 24 Reuter TAIPEI Taiwan's financial markets welcomed their new central bank governor yesterday, a one-time clerk who now controls one of the world's biggest piles of cash US$93 billion (SSI3S billion) in foreign exchange reserves. Sheu Yuan-dong, currently chairman of the state-run bank of
        Reuter  -  163 words
      • 355 24 Reuter CANBERRA Australian Foreign Minister Gareth Evans, the leader of the government in the Upper House of Parliament, says the government would prefer not to have to raise interest rates again. "We would prefer that the economy is managed without the need
        Reuter  -  355 words
      • SMALL CHANGE
        • 57 24 Reuter SHANGHAI China will set up 78 interbank short-term currency trading floors to help develop its financial markets, the Shanghai Securities Sews said yesterday. At the same time, the People's Bank of China will issue three, six and nine-month bonds on a trial basis, the
          Reuter  -  57 words
        • 57 24 Reuter JAKARTA Indonesia's state banks had 6.1 trillion rupiah (553.9 billion) in non-performing loans as of January this year, central bank governor Sudradjad Djiwandono said yesterday. He said the seven state banks had given out a total of 103.8 trillion rupiah in loans. Mr Sudradjad
          Reuter  -  57 words
        • 77 24 Bloomberg Business News HONGKONG Paul Cheng has resigned as a director of Hongkong and Shanghai Banking Corp following his recent appointment as chairman of merchant bank NM Rothschild Sons (Hongkong) Ltd, the bank said in a statement yesterday. The two positions could have led
          Bloomberg Business News  -  77 words
        • 64 24 Bernama KUALA LUMPUR Bank of Commerce (M) Bhd (BOC), will open its first representative office in Yangon. Myanmar. this week as a first step towards tapping the growing business potential in the country, BOC senior vice-president Zakaria Merican said yesterday. The bank would be leading
          Bernama  -  64 words
        • 58 24 Reuter LONDON Britain's largest life assurance group Prudential Corp pic yesterday said it has appointed Peter Davis group chief executive with effect from May 1 following the departure in January' of Mick Newmarch. Chairman Brian Corby has been acting chief executive since Mr Newmarch's unexpected
          Reuter  -  58 words
      • 293 24 Reuter CANBERRA World commodity prices are forecast to rise for a second consecutive year in 1995/96. reflecting the improved outlook for the world economy, according to Australia's chief commodity analyst. The Australian Bureau of Agricultural and Resource Economics (Abare) forecasts its commodity
        Reuter  -  293 words
      • 304 24 Bloomberg ENERGY REPORT LONDON Brent crude oil futures reversed a four-day 2.4 per cent rise even as an oil workers strike in Kuwait entered its fourth day. Traders had discounted concerns that the stoppage would disrupt Kuwait's oil flow and anticipated an early resolution to
        304 words
      • 191 24 Reuter LONDON The dollar made the most of a general move to book profits on the mark and in the process rebounded from a fresh post-World War II low on the yen yesterday, traders said. "There are certainly a couple of big players cashing in some profits on
        Reuter  -  191 words
      • 106 24 Bloomberg Business News NEW YOKK The dollar rose against major currencies, rebounding from a post-World War II low against the yen. after the Bank of Japan denied speculation that the central bank would tolerate a large drop in the dollar. The dollar tumbled to a post-war low in
        Bloomberg Business News  -  106 words
      • Article, Illustration
        1669 24 hajf iikii'i idhiilauil jtiuww S'funr's lop 14 IruJmit fuilntr\ Ha\f mar /W Base year: 1985 US$/S$ forward rates Noon /Mar 21 s$ Bid Offer 1-month 140*4 ***** 2-month I 40 VI ***** '-month |.W ***** 6-tnonth I 1**4 I 3404 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m
        Base year: 1985  -  1,669 words
    • COMMODITIES & FUTURES
      • 1356 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and Eurodollar futures ended little changed in quiet dealings. The market was unusually still because of the public holiday in Japan and absence of new US economic data this week "Nothing much happened," said a dealer at an Asian
        Reuter  -  1,356 words
      • 635 25 COMMODITY REPORTS KL Tin TIN price on the Kuala Lumpur Tin Market rose five sen to MS 13.85 per kg in line with the steadier performance on the London Metal Exchange overnight. On the LME. three-month tin rose USSIO to U555.710 per tonne. On
        635 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 66 25 NEW DELHI State-run Hindustan Zinc Ltd produced 107,527 tonnes of zinc metal in the first 11 months of the 1994-95 (April-March) fiscal year, compared with 110,996 tonnes a year earlier, a Mines Ministry statement said yesterday. Production statistics were given to a parliamentary panel by
          66 words
        • 72 25 SYDNEY Australian sorghum production estimates will decline sharply over the next few weeks unless rain is received over the later-planted crops, traders said yesterday. Estimates of 1994-95 (JulyJune) production have ranged widely over the past couple of months, with many traders forecasting one million tonnes
          72 words
        • 91 25 LAS VEGAS Nickel demand is forecast to increase by 8 per cent this year while output is only seen rising 5 per cent, according to Francois-Gabri-el Sauvage. vice-president of sales and marketing for French metals group Eramet. In remarks to scrap merchants attending
          91 words
        • 64 25 HONGKONG China's domestic supply of zinc concentrate is expected to fall short of national demand by approximately 300,000 tonnes amid higher domestic demand. Figures from the China National Non-ferrous Metals Industry Corp (CNNC), and quoted by the official Xinhua News Agency, put China's demand
          64 words
    • 1473 25 SICOM Futures Rubber (futures dosing as at 5.30p<n) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Apr 95 265.00 265.00 266.50 50 325 May 264.00 262.00 261.50 350 2300 Jun 256.50 2175 Jul/Sep 255.50 253.00 254.50 675 4200 Oct/Dee 253 00 6705
      1,473 words
    • REGIONAL STOCK MARKETS
      • 1174 26 10.2 A steady Australian dollar soothed nerves on the local bourse and allowed shares to rally yesterday in line with a stronger US market, brokers said. The market barometer, the All Ordinaries Index, climbed to 1.914.7 points, up 10.2 points on the close on Monday, when shares had lost
        1,174 words
      • 556 26 +2.69 Bargain-hunters pushed Philippine share prices slightly higher yesterday but volume was thin, analysts said. The Philippine Stock Exchange Index rose 2.69 points or by 0.11 per cent to close at 2,308.60 points. A computer breakdown delayed the release of the official figures. Exchange officials earlier said preliminary figures
        556 words
      • 610 26 -16.71 The Taipei bourse yesterday closed slightly lower in slow trading, dampened by the 1.1 per cent slide in electricals. dealers said. The 423-issue Weighted Price Index on the Taiwan Stock Exchange declined 16.71 points, or 0.26 per cent, to settle at 6,524.87 points, extending a 46-point drop in
        610 words
      • 466 26 •10.8 Share prices turned bearish yesterday on the Korea Stock Exchange on a technical correction, brokers said. The Composite Price Index tumbled 10.8 points to finish at 946.07 points, with 25.9 million shares valued at 432.49 billion won changing hands. Falls beat rises by 528 to 217, with 133
        466 words
      • 336 26 +2.85 Shares were mixed amid concern that the local dollar's appreciation against the Australian currency will erode earnings of companies with major business operations in Australia, traders said. The New Zealand dollar rose to a seven-and-half-year high of 89.15 Australian cents earlier yesterday. Australia is New Zealand's largest
        336 words
    • WORLD STOCK MARKETS
      • 691 26 10.8 UK share prices closed higher in a broad move and on an encouraging level of turnover, amid fading worries over UK rates and against the background of firmer sterling and gilts, traders said. The FTSE 100 Index finished 10.8 points up at 3,135.0 after posting a new four-month
        691 words
      • 107 26 +2.21 The Paris Bourse showed a modest gain yesterday as the CAC 40 Index finished at 1,813.78 points, up 2.21 points or 0.12 per cent from the Monday close. Of the CAC-40 stocks, 24 were higher and 16 lower. Paris Mw 21 Kr VHIkjuhJC 761 0 10 Akralrl \nalhom
        107 words
      • 209 26 -8.80 German shares slipped to losses in thin trade at the end of bourse trade as shortcovering faded amid lack of follow-up orders, some selling out of the US, dealers said. The DAX Index ended 8.80 points lower at 1,982.95. DAX was seen rebounding slightly to upper end of
        209 words
      • 123 26 -0.20 pc Swedish shares closed slightly lower yesterday. Share prices were weighed down by new lows for the US dollar versus the Japanese yen. "There is a lack of interest. People want peace and quiet again," a broker said, who also predicted that the market would not pick up
        123 words
      • 204 26 -9.81 Belgian shares closed lower on some profit-taking as the market consolidated its re- cent gains, but traders said they were hopeful the 1,320 resistance level on the Bel--20 Index would soon be tested. Traders said the market was also hit by comments made earlier yesterday by Petrofina's chief
        204 words
      • 114 26 +2.92pc Italian shares rose strongly, lifted by short-covering as the lira recovered lost ground against the mark and inflation data for March came in at expected 4.9 per cent. The Mibtel Index closed up 2.92 per cent to 9,673. Milan Mar 21 Lire +7" Alitalia Onl 880 60 Vuialu
        114 words
      • 273 26 -0.50 Dutch shares ended a volatile session lower on a massive battering for cyclical stocks, but the impact was partly offset by some firmer individual stocks. The AEX Index opened higher on a steady dollar, but shares dwindled at midsession when the US currency lost ground, chasing away investors.
        273 words
      • 270 26 -5.95 Swiss shares fell back from a firm opening to close almost half a per cent lower in quiet trade. Dealers said the market lacked followthrough buying and the weak dollar weighed on sentiment. A weak Wall Street opening added to general market uncertainty. The market consolidation was expected
        270 words
      • 269 26 -1.21 Stocks were mixed early as the market consolidated recent gains, with traders expecting a quiet morning session. The TSE 300 Composite Index eased 1.21 points to 4248.57 on volume of 7.40 million shares valued at C 591.00 million. Advancing stocks moved ahead of declines 120 to 109, with
        269 words
      • 938 26 10.37 Stock prices turned modestly higher in active trading early yesterday as bonds recovered in tandem with the US dollar, which sank to a new historic low against the Japanese yen in morning session. The Dow Jones Industrial Average was ahead 10.37 points to 4,094.05 at 11 am
        938 words
      • 1007 26 Britannia Funds Sterling Cash Bid Offer Mint Cap Deposit J# 6400 38 6500 Mim Jersey Gill 0 1893 0 1942 Mim Max Income *0 9000 *0 9400 I S$ Cash Income Plus Fund 9 7600 10 2800 PS Reserve Fund .5 4200 5 4300 Sterling Kquit) Euro Performance 0 4592
        1,007 words
    • Article, Illustration
      3028 27 Reuter HONGKONG Stocks ended marginally lower as profit-taking washed away the morning's gains. The blue chip Hang Seng closed 14.12 points easier at 8,580.31. "Without a major surge from Wall Street on Monday, buying momentum didn't follow through." said Michael Ng of Sassoon Securities. The index touched an intraday
      Reuter; Source: Bridge Info  -  3,028 words
    • Article, Illustration
      627 27 CLSA THE Hongkong H shares rose 0.38 per cent to close at 1,049.54, although performances were generally mixed. Large market cap counters, such as the petrochemicals and Maanshan Steel, performed well on modest turnover. Shanghai B shares retreated 0.31 per cent to close at 621.05, with turnover falling to
      CLSA  -  627 words
    • Article, Illustration
      1826 27 AFP BANGKOK The Stock Exchange of Thailand (SET) Index yesterday dipped 0.71 points, or 0.06 per cent, in lacklustre trading to close at 1,184.11 points, brokers said. Only 55.77 million shares worth 5.0 billion baht changed hands. Declines outstripped advances 175 to 110, and 107 issues closed unchanged. The
      AFP; Source: Bridge Info  -  1,826 words
    • Article, Illustration
      1152 27 Reuter JAKARTA Jakarta share prices closed mixed in moderate trading and profit-taking in blue chip stocks, brokers said. The Jakarta Composite Index rose 0.25 points or 0.06 per cent to close at 427.19. "Players were seen showing buying interest on some blue chip stocks, but overall they still remained
      Reuter; Source: Bridge Info  -  1,152 words
    • 2582 28 Gr Gr IW4/*S Usl Vol Day L«M OW*e W» W» YM NH M < «P Huh Low '—r"] Sate (D00) High Lot. Buyer Setter Or P'l MALAYSIAN STOCKS 426 71 m AIS8 50c 420 28 2JI7 426 394 411 420 JO 29 0 2 411 206 77.J m
      2,582 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 6869 28 AFP KUALA LUMPUR Malaysian share prices closed lower yesterday in directionless trading on continued concern over the falling dollar despite a sparkling Wall Street, brokers said. The Kuala Lumpur Stock Exchange's 86-share weighted Composite Index fell 4.51 points to 964.84 from 969.35
        AFP; Source: Bridge Info  -  6,869 words
    • STOCK EXCHANGE OF SINGAPORE
      • 8741 29 1 MAIN BOARD lit Gr M \\i 19*4/9$ last Vol ()»> Iml Quote Di» Div VM Nel C ap Atg High l.ow C off)pan) Sale (*000) High l.o«» By>er Seller S C Vr S P/E Smil Price INDUSTRIAL AND COMMERCIAL 720* 388 ml 1 Acma 50c 430 cd unch 71
        8,741 words
      • 1829 30  -  By R Sivanithy SINGAPORE Concern over the health of the US dollar was the only notable feature in the local stock market yesterday, with prices ending easier across the board after the Malaysian market failed to rally on election hopes. Overall
        Source: Bridge Info; Source: Bloomberg  -  1,829 words
  • Page 19 Advertisements
    • 354 19 NEWS VALUE Ng Teng Fong to launch takeover of Yeo Hiap Seng (pg I) YHS' share price has come a long way from its lows. But with so much up in the air, who knows. Feb non-oil domestic exports up 37.4% (pg 1) Good numbers but not expected to move
      354 words


  • Page 21 Advertisements
    • 316 21 OffMsl Hotel Warehousing, Distribution Logistics CONVENTION ISM. Major Benefits of Attending: Hll f Implement efficient, cost- tunities in regional warehousing i,c..El effective and profitable ware- logistics and distribution. housing distribution systems. Hear from Asian International Gain insights of the latest tech- specialists experts discuss <*»*■> nology, tools systems of this
      316 words
    • 221 21 Introducing the j world's finest j chefs 4 The opportunity of enjoying the culinary artistry of the world's finest chefs does not come along often. < > < From 24th March to 2nd April, > i DOMVS Restaurant at the Sheraton < Towers is delighted to put its kitchens >
      221 words
    • 328 21 I INFHIIine ENGLISH NUMBER Children's Funland Heaven Is In An Uproar 910 0001 Usborne Book Line Chinese Vampires 910 0002 Horse Racing Results 911 0001(*) 4D/Sweep/Toto Toto Draw No 956 911 0002(*) Tele-Games Crack The Safe Mrs Wizards's 911 0003 Crystal Ball 8 Mensa Line Brain Hunt 95: Puzzles In
      328 words

  • Page 22 Advertisements
    • 1190 22 TEH LTD Av«l* (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of San Teh Ltd are ptoatad to announce the following unaudited results of the Company and of tha Group for the year ended 31 Decamfaar 1994: COMPANY GROUP 1994 1993 1994 1993 $000 000 $'000 $000 Turnover 54,860
      1,190 words

  • Page 23 Advertisements
    • 1653 23 ll#estpac Banking Corporation STATEMENT OF ACCOUNTS FOR YEAR ENDED 30 SEPTEMBER 1994 UlestDac Banking Corporation Westpac Banking Corporation and its controlled entities (All figures quoted in Australian dollars) A US IKA LI A Head Office 60 Martin Place Sydney NSW 2000 Audit Opinion Telephone (02) 226 3311 Facsimile (02) 226
      1,653 words


  • Page 25 Advertisements
    • 69 25 Financial News |Kj]l A Quick Look At The I I Market! Call 24 hours a day for I I SES KLSE midday I I reports, closing world market reports and business news. Cost: 30 cents a minute MFEIHne Ail SPH AudioTex Service Find a new owner for your apartment Make
      69 words
    • 20 25 As and when the latest Ix>ndon/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words

  • Page 26 Advertisements
    • 52 26 The Bombay market was closed for a second day yesterday following default by a trader. It will remain closed today ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536. The Johannesburg market was closed yesterday for a
      52 words

  • Page 27 Advertisements
    • 45 27 ACTAL NEUTRALISES STOMACH ACID. Actal neutralises stomach acid, giving quick relief from stomach discomfort, msmctinms jj The Tokyo market was closed yesterday for a holiday CENTRE STAGE Keep in step with the culture beat. The Arts. Every Monday. SINGAPORE PHI Business Times WE KNOW ASIA
      45 words


  • Page 29 Advertisements
    • 62 29 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, you can prosper through a wide range of investments. Local and Foreign Currency Time Deposits, Unfixed Time Deposits. Foreign Currencies, Unit Trusts and more. Just call our 24-Hour CitiPhone Banking toll-free on (1S()()) 225-5225 for your share of
      62 words

  • Page 30 Advertisements
    • 204 30 TOLL-FREE TEL. No. 1-BQO-741 -1883 PAX:74I-1298 OFFICIAL NOTICE We. OM SUNRISK PTE LTD, of 133 New Bridge Road, #1103 Chinatown Point Singapore 0105, hereby give notice that in consequence of our intended purchase, we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act
      204 words
    • 400 30 5 TAVINO CORPORATION PTE LTD Z CHANGE OF OWNERSHIP PLEASE TAKE NOTICE that Kalpin Tours Pte Ltd have purchased all the issued shares in Tavirio Corporation Re Ltd ("the Company") from the shareholders of the Company on 11th March 1995 TAKE NOTICE That with effect from 11th March 1995, the
      400 words
    • 334 30 IN THE MATTER OK THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KIMLIN BINDING SERV ICES SUPPLIES PTE LTD (Members' Voluntary Winding-! pi Al an Extraordinary (ieneral Meeting of the Members of KIMLIN BINDING SERVICES SCPPLIES PTE LTD duly convened and held al 140 Robinson Road. #04-02. Chow
      334 words
    • 536 30 IN THE MATTER OF THE COMPANIES ACT, CAf. 5# AND IN THE MATTER OF ASIATIC GLOBE AGENCIES IS) PTE LTD (IN MEMBER'S VOLUNTARY LIQUIDATION) Al an hutraordinary General Meeting <rf Ihe members of the abovenamed Company duly convened and held at Shaikh Ahmed Bin Saeed Al Maktoum Building. Souk Al
      536 words
    • 245 30 IN THE HATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF G.B.C. INSURANCES PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Act Chapter 90. thai a Pinal General Meeting of the abovenamed Company wH be haM aOPenang Road #12-00
      245 words

  • Shipping Times
    • 429 31  -  By Rahita Elias SINGAPORE Rotterdam, Europe's number one container gateway, achieved a 4 per cent increase in cargo throughput last year to 294 million tonnes. Containerised shipments made up about 60 million tonnes, with the number of boxes jumping 8
      Photo by Chris Loh  -  429 words
    • 113 31 SINGAPORE The International Business Forum Group will be holding the "Asia Pacific Maritime and Shipyard Safety Summit '95" conference on April 11-12 at Suntec City. The conference is endorsed by the Australian Shipowners Association and the Singapore Institute of Safety Officers. Its objective is
      113 words
    • 105 31 Reuter BEIJING A shipyard in China's north-eastern port of Dalian has launched the biggest freighter designed and built in China, the Xinhua news agency said yesterday. Dalian Shipyard built the 150,000 deadweight-tonne Pacific Challenger for the Hongkong Dominium Company. The 270-metre freighter is the largest
      Reuter  -  105 words
    • 1041 31 Page Col ABC Containerline 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Line 12 1 •Ahrenkiel Liner 4 1/2 •ANL 3 4/5 Antaco Mgmt 17 3 •APL 18 1/2 •Appenship 4 4/5 Arabian Express 15 4 •ASCL 5 5 Astro
      1,041 words
    • 196 31 Reuter HONGKONG The Asian Infrastructure Fund (AIF) plans to invest US$5O million (5570.5 million) in a Xiamen and Nanjing port development joint venture with port development and warehouse concern Fairyoung Holdings Ltd. AIF will pay US$5O million to acquire an issue of new
      Reuter  -  196 words
    • 218 31 Reuter FRANKFURT German forwarding group Schenker International said its turnover fell 5 per cent last year compared to 1993 to 3.8 billion marks (553.86 billion) and it blamed this decline on falling sea transport rates. But it said its air cargo earnings
      Reuter  -  218 words
    • 344 31 Reuter ABU DHABI Newport News Shipbuilding of the US enhanced its chances of winning an order to build frigates for the United Arab Emirates (UAE) by securing a deal on Monday to overhaul six UAE warships, analysts said. "This is another step
      Reuter  -  344 words
    • 2763 32 A SHORT supply of tonnage in the Atlantic forced charterers to concede firmer rates and sent the Baltic Freight Index 14 points up to a fresh record of 2,280. One of the highest Caper fixtures of recent years for Port Cartier/Rotterdam iron ore has been achieved by the
      2,763 words
    • 1422 33  -  The environmentally aware states of California, Oregon and Washington are proposing new regulations which will affect every type of shipping activity. Stewart Wade reports Stewart Wade Fairplay THE CYNICS, the sceptics, the world-weary sophisticates of the US east coast and Europe tend to
      Fairplay  -  1,422 words
    • 12040 40 This is a list of ships loading at Singapore for ports around the world, it tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND FN: ship
      12,040 words
    • SHIPS IN PORT
      • 520 43 v,He< Voy Ho Berth Arrival Departure Vessel Voy No Berth Arrival Departure P#rt »c ru. <*. Balam Spe«Jb ****** P01A 22 03/0/00 22 03/0900 o!r o AS; 05/95 12/3 alongside 2203/2000 Ben Thanh 1/95 P03 2103/1800 22 03/2300 Batam Bahagia 03 04 95 12 alongside 2203/2300 Citra
        520 words
      • 1337 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO DECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinj/Balance Rslts Sap Voy No Etb/Btr Period From To From m Ltot 042A 23/0300 1A 21/1500 21/1659 21/1900 2B 21/1700 22/0659 22/0900 3 22/0700 22/1159 22/1400 2p 0458 22/2359 1A 21/1500
        1,337 words
    • AIR AND LAND TRANSPORT NEWS
      • 357 50  -  By Alec Almazan SINGAPORE Singapore Airlines will increase the number of non-stop flights to several European destinations from March 26. SlA's northern summer schedule, which covers the period from March 26 to Oct 30, will give passengers flying from Singapore to London
        357 words
      • 208 50 Reuter M. DETROIT Detroit's Big Three car makers said on Monday they were cooperating with a federal investigation into whether their finance subsidiaries discriminate against minorities. General Motors Corp, Ford Motor Co and Chrysler Corp said they received informal requests for information on
        Reuter  -  208 words
      • 373 50 AFF OTTAWA Federal authorities have failed to step in to stop the strike that has brought to a halt Canada's freight and passenger rail traffic. Job security is a main issue, with employers arguing that some contract terms were simply
        AFF  -  373 words
      • 56 50 AFP EDWARDS AIR BASE, California The space shuttle Endeavour passing an observation platform as it landed at Edwards Air Force Base last Saturday after being diverted from Florida after a 16-day mission, the longest mission in shuttle history. The Endeavour mission studied stars, planets and other celestial
        AFP  -  56 words
      • 123 50 AFP HONGKONG Hongkong signed on Monday a HKSI.BB billion (***** million) contract with a consortium of Hongkong, Italian and British firms to build services within the terminal complex of the territory's planned airport at Chek Lap Kok. Hongkong Financial Secre- tary Hamish Macleod, who is
        AFP  -  123 words
      • 297 50 Reuter MELBOURNE Aerospace industries in Australia and the Asia-Pacific region need to join forces to maintain growth and ensure themselves a place in the world's skies, an international aerospace congress heard on Monday. Chairman of the Australian Association of Aerospace Industries, Peter Smith, said international
        Reuter  -  297 words
      • 184 50 AFP BEIJING Airbus president Jean Piesson said China has a large potential market for passenger aircraft and "we hope to provide more planes for Chinese airlines". Mr Piesson was quoted as saying by the Xinhua news agency during a recent visit to
        AFP  -  184 words
      • LOG BOOK
        • 74 50 SINGAPORE Independent carrier Region Air has signed an agreement with Rolls-Royce for the repair and overhaul of its aircraft engines. The carrier, Singapore's third airline and owned by hotel tycoon Ong Beng Seng, has a fleet of A 320 aircraft powered by International Aero
          74 words
        • 65 50 Reuter HONGKONG Construction delays have forced the southern Chinese Special Economic Zone of Zhuhai to postpone the inauguration of its new airport, the Portuguese news agency Lusa reported on Monday. Lusa, reporting from Macau, quoted a Zhuhai government official as saying the airport would not be
          Reuter  -  65 words
        • 81 50 AFP WASHINGTON The US approved on Monday a new de-icing system for the beleaguered Franco-Italian ATR commuter aircraft after a crash in October that killed 68 people. The Federal Aviation Administration (FAA) announced that installation of the new wing de-icing equipment may begin immediately and
          AFP  -  81 words
        • 76 50 AFP BEIJING About 17 fishermen died after being swept away by waves when their boat hit a rock and sunk off the coast of Shantou in southern Guangdong province, a report said on Monday. The fishermen, among a crew of 30 fishing aboard boat
          AFP  -  76 words
      • 1679 50 otjr FigM eta fi» n®_ at; nm eta Fit* n»_ Abu DfcaM OK 150 1620 GA984 0100 MI896 1920 0K150 1800 SQ442 2000 HtrwWwj SQ977 1715 SQ978 0150 0K151 2225 Ma CM MMi CHy VN741 1310 VN740 1500 AdalaMa SQ227 2030 §2ili li?0 SQ172 1430 IZZH
        1,679 words
  • Page 31 Advertisements
    • 48 31 flrager SAFETY EQUIPMENT ft 9j (SOLAS APPROVED) PAW MARINE \JBTI Specifically Detigjsd Breathing Apparatus For Maritime Application* HIGH QUALITY HIGH PERFORMANCE y: •HIGHLY AFFORDABLE WM Draeger South East Asia Pte Ltd 67 Ayei Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING
      48 words
    • 25 31 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      25 words
    • 53 31 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times US west coast determined to come clean, Page 3 SIA to increase non-stop flights to European cities, Back Page i f STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE F 1
      53 words

  • Page 32 Advertisements
    • 1821 32 i other destinations I i north amebic a IJ DIRECT CALL TO WEST COAST »CX) WEST COAST OF CSNTRAL AMERICA (MARGARITA SEKVICB) SMQAPOftf CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) wE I"* I "OK |LA M W* IML |HOUTW| CMC BY no Bimm WY SP U |RHRM£ U |*A |PTM*T IHUM
      1,821 words
    • 43 32 H o oo o O M 0 0 LEAD Ml m BY am EXAMPLE m s Ml Me For some of the best .3 examples of jj Good Management. Enterprise I Management. Every Monday. SINGAPORE r w 1 Business Times WEDfOWASU t t
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  • Page 33 Advertisements
    • 859 33 Jfn UASC SHIPPING CO (SAG) r 1H SEALORD SHIPPING AGENCIES ***** 3 wiMff "Sm"-PM sii~ shj ~~iit~ aum ~ww bah pom" wi/vor HT wo "mm" i vsl/voy cm i jed I BNMAJBCIBOW 27/3 1M 8/4 1M 12/4 11/4 11/4 12/4 14/4 MMAJWCIBSW 27/3 11/4 13/4 BNMAJOCIMW 27/3 1/4 15/4 I
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    • 114 33 Accepting id and cont»>n«iM»d CTfe— Dtroct to South Africa Spore Dutoan PBz CTown VAAL 0777F 27/03 09/04 11AM 13AM NED COLOMBO 067SF 31/03 13AM ISAM 17AM OSAKA MAfIU 098 IF 17AM 30AM 03/05 04/05 NEW OASIS 1002F 30AM 13AK 15/06 17A» ORAHJ6 1121F 05/05 17A» 19/06 21/06 PBu CTowm Dirtan
      114 words
    • 393 33 ANL ANL. IT'S AUSTRALIAN FOR SHIPPING; vftuuvoT j*t ne sip m ito mci wn hoi vfitiuvoY m in hi wm hoi *t |mp I pu. A AUJT Ml IWi 2113 2313 lU4 1114 A GOWA2M 0213 MM IW 1M am Hid A. 00 WA HI DM tHI IH4 21,14 2*14
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  • Page 34 Advertisements
    • 1491 34 r AOABA R-QAAA/ CI VESSEL VOYNO SPORE JEOOAH (VIA JED) STON HBURG AWERP HAVRE WRtSHIMA 09/111 24/3 9/4 12/4 I<V4 DRESDEN EXPRESS 21/311 2V3 V 4 10/4 |W 15/4 13/4 19tt FRANKFURT EXPRESS 78/112 3<V3 WJ !&4 U!± LUDWIOSHAFEN EXPRESS 18/312 1/4 10/4 17/4 2&4 a/4 HV4 26/4 NYK PROCYON
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    • 462 34 S pore P Ketang Loading tor 1 TORO 25/3 30/3 RdnVAtw/UK/N»ites I NANONAKUL 30/3 2/4 Hdm/AtwAJK/Nantes I Loads EjW Mateyaa. Indonesia I I Loading tof I SAOAN KALKAVAN Duba»/D*nmaVKuwart I BUFFALO Jaddah/Aqaba/Trlpoh/Algena I PAN RISER Dubai/Damman/Kuwart/BahrairVDoha I 'Loads Singapore. EVW. Malaysia. Indonesia I I Loading tof BILUE FAY Los AngeMes/New
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    • 1027 34 NOR ASIA I UPGRADED WEEKLY SERVICE WITH FIXED DAY SAILING and j IMPROVED TRANSIT TIME i TQ LA SPEZIA, FOS t BARCELONA, VALENCIA 4 FOR MORE DETAILS/BOOKING, PLEASE CONTACTS M/S TAN SEOW CHUAN/YVONNE KOH SPORE GENERAL AGENT: NORASIA AGENCIES (S) PTE LTO ALSO ACCEPTM6 LCL TO; TEL: *****83 PAX: *****00
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  • Page 35 Advertisements
    • 1489 35 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11*01 Keppel Towers Singapore 0200 Tel: *****00 Fax: *****17 Md;W M A hUJ ;M :Wl\ 111 :l ;l 11 NEW QWNEA pacific line i /Sffigb (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAILS C JNMQAM-22 VKB3E MMfa.Ljfe.KK 21-22 Mar 23 Mar
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    • 2651 35 P&O Containers P containers (Singapore Agencies) Pte Ltd 10 Hoe Chiang Road. *07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE 225 2 b 233 ,'JS I 7 564 PNOCSP Fax 225 5327/222 7517 "powT import r SSXJEBO MAERSK Si WN 2"03 SS» JSL °f" ,W L M y MUNRtWJ
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  • Page 36 Advertisements
    • 476 36 c¥n JOINT VENTURE Vjy SAMUDERA INDONESIA SIR RICKMERS win SINGAPORE CHINA SEPU.UH *0Y 04NB 13 APR QMGOAO GREEK ERA DRY DOCKING XINGANG J SHANGHAI 1 1 MXiCEMENT CALL P.KELANG HCOCEMENT CALL HK. .P GUDANG. BEL A NAN. TG MAM XIAMEN. HUANGPU h jfe UTAMA HARTA *lH WEEKLY FULL CONTAINERBHIP FEEDER
      476 words
    • 1309 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VSL SW lIM HAUL SEA YVR FOX Ft* Y* SM IIRK HAUL SAV Ul NIC HANJM VANCOUVER 02tX 23 3 DMCI 13/4 14/4 15/4 MEKS SYNTKSB 0031 24/3 M AMERICA 020E 27/4 28/4 30/4 HAMM
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    • 42 36 pafi? SOON KIAT SHIPPING PTE LTD 3 SICNTON NAT #20-05/06 SHE NTOK HOUSE REGULAR SERVICE TO SARAWAK BRUNEI STORE Sh Puiut 05/95 Mntuhi/Mri 24/03 Oory 04/95 ftrX 03/04 U»tu Yonj Hua 05/95 Bmh*>/Mb 01/04 srsyws a-"• r»tj?osoM ft. a«»7i cit m imvamM
      42 words
    • 775 36 WE ARE RESUMING OUR SERVICE TO THE CARIBBEAN SEAS. EFFECTIVE 26TH MARCH 1995 DESTINATIONS:- CRISTOBAL, COLON FREE ZONE PANAMA CITY, LA GUAIRA, CARTAGENA, CURACAO, PUERTO CABELLO, ST. JUAN, RIO HAINA, SANTO DOMINGO AND KINGSTON FOR ENQUIRIES AND BOOKINGS, PLEASE CALL SERENE, AZIDA, JESSICA AND DEVI TEL *****33 I i I
      775 words

  • Page 37 Advertisements
    • 2940 37 TO MOMBASA AND PAR ES-SALAAM ]SM|lHr*'l OM«r<l T»4 (C*n*rtl) *****00 Sol—, Booking: Agoncr Oopt: m<TAP CUIDDIIir ore I Tl\ Fa l«'" r 4 'MUM CmtMiwr: 4MSMI/M4 CMtrtm Src »1: 4»SMi «wm Z. Mi: ***** COSHIF CMrarttonW: 4205*50 M: ******5 *****40 »17-0# CH No: **********0 M rox: *****08 Broskkolk Src Ooc».
      2,940 words
    • 733 37 FAMOUS CONTAINER LINES —80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 29/03 ROTTERDAM 27/03 AARHUS/COPENHAGEN 29/03 HAMBURG/BREMEN 27/03 MARSEILLE/FRANCE 26/03 FELIXSTOWE/UK 27/03 BARCELONA/SPAIN 24/03 LEHAVRE/FRANCE 24/03 < GENOA/ITALY 25/03 ANTWERP/BELGIUM 23/03 LOS ANGELES/WC/IPI 24/03 SYDNEY/MELBOURNE 23/03 NEW YORK/EC 24/03 FREMANTLE/ADELAIDE 23/03 j VANCOUVER 24/03 BRISBANE 27/03
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  • Page 38 Advertisements
    • 1088 38 1 VESSEL VO y I VESSEL VOY SIN PEN I I WANA BHUM 2728 Fn 24/3_ _Mon_ _27/3_ HOT A JADE JADO49 ~W«d [in Pt" Fri 24/3 IjjvESSEL VOY SIN BKK I BHATWA BHUM 74S Sgt_ 25/3 IlS*_ _m_ GURU BHUM 5047 Fri 24/3 S.t 25/3 HI PIYA BHUM* 345N
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    • 982 38 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR *****9200 MM STRAITS SHUTTLE SERVICE j PORT KLANG PENANG VESSEL VOY SW MO VESSEL VOY SM PEN St* LAUREI 372N 23 3 .THU: 24 3 iFRI »OUR lAV* %ClB 24 3 ,fRi. 26 3 iSUN) EAGU BRIE2E IS6A 23
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  • Page 39 Advertisements
    • 975 39 PACIFIC INTERNATIONAL LINES (PTE) LTD 1 r| 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CR NO **********0E I 1 a fcn i I VESSEL VOY SIN CMB JIB HOD JED AOJ AOE PZU MSW ASA I fc'J KOTA WVJAYA WJAS3S 30/3 3/4 11/4 13/4 15/4 17/4 IS/S 22/5
      975 words
    • 964 39 vtsstLS vor sin n mm hambuwl Thames roiiirdam antwcrp Milt OC IBM LOtW 23/03 10/04 12/04 U/04 15/04 iiTw Wilt DC NORMA m»* 31/03 20/04 22/04 24,04 njo* 26/04 Will OC CARWA CO4W 06/0* 2* 04 21/04 30/04 01/05 02/05 W.U DC SAGIITA SO4W 13/04 03/05 OS/05 07/05 04/05 09^05
      964 words
    • 602 39 I BSfl ill ~%mm. MYANMA uSBk FIVE STAR LINE r (Myanmar National Line): Loading for Yangon (Rangoon) Spore P.Kit Pen PGdf' TECHMAT PIONEER V 3 21/26 Mjr AVA VI32W 21/23 Mar MYOMA YMA VISSW 28/30 Mar MALAYSIA AGENTS BOUSTEAO SUPPING AGENCfS KUI: TEL 02 03-*****00 PKL TEL 02-03-*****67 PEN TU
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  • Page 42 Advertisements
    • 542 42 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E V«*m< Voy ETA I Leading For Spore Andirvet 38WB 16/04 Mombasa. Djibouti Assab. Massawa Abbay Wow 43W8 18/05 Mombasa. D|ibouti Assab. Massawa «HBll HUWBIK:i FULLY CONTAINERISED REGULAR LINER
      542 words
    • 596 42 J H k AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi. Islamqala (Doqharun) mwmtScmwm c.i.s./russia: ma Ata, Ashkhabad. Baku. Dushanbe. I miu. qßi u Irkutsk, Khabarovsk. Krasnoyarsk. Korsakov, Moscow. MllllZef Muncn Novosobirsk. Sochi. Tashkent. Tbilisi. Vladivostok. Vostochny International Forwarders Mongolia; uiaan Bator N orea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST
      596 words
    • 415 42 1 flSlfl' HKG/TWN/BKK GENOfI/EUROPE 1 PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 5 24/3 25/3 26/3 HKG/BKK/KEE/KHH G'burg/C'hagen/S'holm/OsJo 26/3 27/3 28/3 I 28/3 29/3 30/3 HKG/BKK/KEE/KHH Piraeus 21/3 22/3 23/3 31/3 1/4 2/4 HKG/BKK/KEE/KHH Ldn/Fli/Rtm/Ant/Ham/Leh 25/3 26/3 27/3 RECEIVING TO 31/3 24/3 25/3 26/3 SHANGHAI/DALIAN JPN/KOREA/MANILA I XIAMEN/BEIJING Mamla/Cebu
      415 words

  • Page 43 Advertisements
    • 319 43 I SINO EXPRESS SHIPPING (PTE) LTD M M I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104 TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTRAHS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/3HAI S'PORE HKQ T SHAJ V^BEL VOY ETA 1 ETD ETA I ETD ETA I ETP LATMOS 927/928 27/3 2V3
      319 words
    • 86 43 52 DZ CONTAINER LINES REGULAR CONTAINERISED SERVICE TO YANGON (RANGOON) VESSEL VOY SPORE YANGON GIWIN 9508 03/04 08/04 GIWIN 9509 1 5/04 20/04 GfWtN 9510 27/04 02/05 GIWIN 9511 09/05 14/05 ACCEPTING BOTH FCL/LCL A SOC 0Z SHIPPING (S) PTE LTD (CR NO. **********02) TEL: *****66 (5 LINES) FAX: *****66
      86 words
    • 920 43 iffla tmi jl&Bt. raw si—aae m lq m bm__jbd_ vtwa. m. mo ma ji» Tin an un an mm um nm um an ibocuww »n an an nM an bm T 22' 22" 1 1,14 MM W AMENCA4IM Sin tin KM MM MM MM ho ocjma tia n n an
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  • Page 44 Advertisements
    • 1590 44 ■UIiWHiHUWI* U. S. A. /CANADA 3 TIMES A WEEK MAERSK VANCOUVER V.9506 ETA SIN 27TH MARCH 1995 MC-KINNEY MAERSK V.9504 ETA SIN 28TH MARCH 1995 ARTHUR MAERSK V.9506 ETA SIN 29TH MARCH 1995 Vessel Voy ETA ETO 1 DESTINATIONS Next Week PANAMA Neit Week 6TH STRING MC KMNEY M V
      1,590 words
    • 743 44 I MQHSUOM FULL CONTAINER SERVICES ItDIOMt "Uw ITIj "JToT 1107 l» 04 }l M 21 (M »04 rt 0« I D CMM CM* 01 *4 II M K/M M M 21 M MM «1 «WB I ouau son mm mm dm tin mm tin mm mm! V D »guu MM
      743 words
    • 814 44 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPORE P KELANG HALIFAX N YORK NORFOLK N ORLEANS SAVANNAH TAMPICO HOUSTON HOEGH MIRANDA 0728 In Poet 29 Apr 2 May 3 May 11 May 7 May 15 May 20 May 9/It) Apr 11/12 Apr 12 May 15 May 18 May
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  • Page 45 Advertisements
    • 482 45 ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCIPTMG BftEMBUU/SOC CMtGOtS TO/FROM KOK. YOKOHAMA, NAGOYA. a MO I. TOKYO*. MANIA*. DAVAO*. Pwani* P. Kelarj Smjapore E'Uhia* KARABEVERETT V22E 01/02 May KAMALEVERETT V26E 07/08 May A VESSEL 19/20 May ACCEPTMG BWAKBU.K/FCL, SOC CMGOtS TO/FROM CHTIAGONG. CALCUTTA ANO MONQ.A*. S*i(ap<*« P. Kebrif* Penarj* Pasir
      482 words
    • 204 45 ft GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM *AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 21/3 27/3 29/3 31/3 GLORY SELATAN X 22/3 28/3 30/3 1/4 SIN KAO GLORY SELATAN VIII 19/3 25/3 SINGAPORE ASEAN TO TAIWAN
      204 words
    • 642 45 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE S* K ABACK MAKRAM IStHW 23/03 02/04 HTDHABAO 139 HW 1«/ M 27/04 BOUN 14»HW lt/04 21/0* ISLAMABAD* 134-HW 29/04 00/05 ra. MJO KC9TK CMSOH 10 MM FAR EAST CONTAINER SERVICE ONLY ftSSI VOY [SIN I KG [BSW IPSA [NAG TON
      642 words
    • 709 45 liuiH'aiiiiiMMill FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL/VOV ETA SIN ETA MAA MV TIGER BAY V.134N 23 25/03 29 02/04 MV SEA GALLANT V GLTO 13 25-20/O3 31-01/04 MV TIGER CAPE V 017N 27-28/03 02 05/04 MV PRAVDINSK V 15 29 30/03 04-05/04 MV TIGER ISLAND V 13SN 30
      709 words
    • 318 45 SIN FAR EAST 26/3 KEELUNG/KAOHSIUNG 27/3 BANGKOK 27/3 MANILA/CEBU 23/3 JAKARTA/BELAWAN/SURABAYA 26/3 PORT KELANG/PENANG/E. MALAYSIA 26/3 BUSAN 26/3 TOKYO/YOKO/KOBE/NGO/OSA 26/3 HONG KONG SIN CHINA 26/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 27/3 LDN/FLX/LVP/SOU 27/3 ROM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. SjN USA/GANADA 24/3 LOS ANGELES/NEW
      318 words

  • Page 46 Advertisements
    • 1103 46 FIXED L WEEKLY SAILINGS 11| 111 Plimiic Tel: 261-3595 j Fax :261-0978 JiiiaoUßNE- ill GP SHIPPING PTE LTD I Call: Kenny/Mas/Peter >pw<WfWwwwwwwwwwwwwwtwwwtW wwwwiwfwwwtwwTWWuwwwiwwwwiwmuiiwwiwwiiut mmwwfwwwwwi imivuwi i» STAR SHIPPING AGENCIES (S) PTE LTO I MINTS FOR: ZIM CONTAINER SERVICE GOLD STAR LINE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (8 LINES) FAX:
      1,103 words
    • 464 46 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 24 MARCH (Accepting to all N«w Zealand porta) PWAM6 24 MAR JAKARTA 25 MAR PORT KLANG 23 MAR RAN6KOK 26 MAR MILROURNE 23 MAR SYDNEY 23 MAR BRISBANE 30 MAR FREMANTLE 23 MAR ADELAIDE 23 MAR 'ACCEPTING TO ALL SCANDINAVIA PORTS MADRAS
      464 words
    • 806 46 CONSOLIDATION TO BUSAN Singapore I FIRST FORWARDIR IN OFFERING TWICE WEEKLY LCL SERVICE TO BUSAN Call SANISA at DID: 277 1058 for bookings NOW!!! Tel: Fax: Singapore 561 1668 272 9838 MTERNATKMAL SEA FREIGHT mik. MAWVSIa" THAII.AND PHILIPPINES jßjk locoiics snwis Of la_ IION(, K()N<. VIKINAM INDIA BUM TAIWAN BRUNEI
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  • Page 47 Advertisements
    • 1744 47 SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 t jMM Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R V** Y.S.N. LinfM I 111 1111 Ve«»el Voj Hong Kong Singapore p. Ktlmg Pen«ng Chief Of Cherokee 48 S>il«d Sailed in Port 23-23/3 11 I
      1,744 words
    • 394 47 CEYLON SHIPPING CORPN Notional Line of Sri Lanka CONTAINERISED SERVICE TO I k AND NORTH CONTINENTAL PORTS at WW >1 JO Lfll WW H» MB gA wngwg Slow 17/3 21/1 10/4 11/4 KD AHLUN6 WW 11/3 IVI «o»si» wit* win win/i m u<« i?/« KD HORC HONG OMR »/l 30/1
      394 words
    • 739 47 II liscx CALIFORNIA JUPITER 80* eta sgp 29/03/95 I II JII ARRIVING LOS ANGELES 15/04/95 IN 16 days I I] BAEX:'NEPTUNE CRYSTAL 31E' ETA SGP 29/03/95 I arriving NEW YORK 22/04/95 IN 23 days EXRORT SWWORg CALIFORNIA EXPRESS (SCX) TOt USWC CANADA Vl>Mi W tOS OAK VAN UT ATL CCC
      739 words

  • Page 48 Advertisements
    • 1545 48 american president lines, ltd. 19 KEPPCL ROAD <02-01 JIT POH BOILDiNG SINCAgOWt 0208 TEL 225-9966 F«» 221-4922 TWICE WEEKLY TO FROM •UK/NORTH CONTINENT EUROPE* FOR ENQUIRY/BOOKING CALL 225-1-225 •TO NORTH AMERICA CANADA WEEKLY CONTAINERIZED BERVICE itesgiWTWt |knl fm rat I m aw ltt«a/WT»g st« snow mch om. hou mi htc
      1,545 words
    • 1501 48 V AS AGENTS LINE (SINGAPORE) PTIITO (CR NO **********0M/GST R£G NO: IC-001 73M5 m TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I IVI M 1 MALAYSIA LINE MARITIME (MALAYSIA) SON BHD R SA *****00 PK *****75 PEN *****20 JB 2236'01 PGU *****25'6 INDONESIA: P.T. SARANA LAUT INTERNUSA. TEL: JKT *****08
      1,501 words
    • 532 48 ISLAND LINE PTE LTD Z Subsidiary of Hal Sun Hup Group 200 cantonment road #02-11 southpoint TEL: *****57 FAX: *****04 TLX: M ***** A R8 ***** iQQSSr INTRA-ASIA CONTAINER SERVICE WEEKLY SERVICE TO INDONESIA I WMft m m I *T «MB- I vor I am jj J fIOVBINA 1 2M
      532 words

  • Page 49 Advertisements
    • 489 49 A HYUNDAI WEBCHAMT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [piia [Ike pgd vessels voy sS dim ant leh hmi mfel 22/03 24/03 25/03 SI MAIMER 315W 27/03 U/04 16/04 15/04 ***** ***** UTOT" 29/03 01/04 02/04 H. MNOVATOf) 314* 03/04 21/04 23/04 22/04 23/04 23/04 25/04 05/04 07/04
      489 words
    • 1031 49 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE I ROftO CARRIER SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS VESSEL WT «N PK LOADXG FOR PAKARTI 9MM.MI 24/3 26/3 SENBOKU ACE 1 24/J lAKMTA 26/3. SUtARAYA 27/3 SURABAYA 3 ORANGE SKY 30 »/3 SHANTAR 27 25/3 BANGKOK 2«/3
      1,031 words
  • Page 49 Miscellaneous
    • 306 49 i ■H^BBUisluujiiuilLlaiHlii^^Hi TODAY'S TIDES (height in metres) HO* 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 2.1 2.1 3.0 3.0 2.7 2.1 1.4 0.9 0.5 0.3 0.4 06 1.2 1.9 2.3 2.5 2.4
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  • Page 50 Advertisements
    • 72 50 TECHNOLOGY Tomorrow in Business Times LVfIMHIMN M.V. "CHEZ NOUS" VOY.I Arrived I Oth March 1993 M.V. "ADVENTURE QUEEN" VOY.I Arrived l2AM*ch 1995 Consignee) of ill damaged cargoes ex (he captioned vessels are hereby notified thai a general survey will be heU on the 23rd Math 199) 0900-1200 hours at PT6
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    • 140 50 TECHNOLOGY Tomorrow in Business Times NOTICE TO SHIPPERS "RADICAL CAF" In view of the steep downward trend of the US dollar against most major currencies, the shipping lines involved in this trade have decided to introduce a radical currency adjustment factor (CAF). In order to maintain the current high level
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