The Business Times, 15 April 1993

Total Pages: 46
1 46 The Business Times
  • 13 1 BUSINESS TIMES WE KNOW ASIA MITA (PI 552/12/92 Thursday April 15 1993 75'
    13 words
  • 2am LATEST
    • 70 1 Reuter WASHINGTON The White House has left open the possibility of a European-style federal sales tax to pay for a health care package that will provide basic medical benefits to all Americans. Spokesman George Stcphanopoulos also said yesterday that a taskforcc working on
      Reuter  -  70 words
    • 75 1 UPI MOSCOW President Boris Yeltsin said yesterday that Moscow intends to charge world prices for the fuel it supplies to other ex-Soviet republics, removing the huge subsidies that prop up the economies of Russia's neighbours. Mr Yeltsin also said that an extraordinary
      UPI  -  75 words
  • 116 1 Stock market indices WnjiKsdii Change STII 1.708.61 15.1 K.LSE C omposite 660.60 5.02 Nikkei 20.53J.38 -206 91 HangSeng 6.789.74 4 371.53 SET Index closed Jakarta Composite ...307.28 +0.05 CLSA China B 1.362.55 -4.78 Aust All Ord 1.704.4 +15.7 FTSE 100 2.842.1 -4.7 Wednesday l*re»ious 11am close Dow Jones
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  • 172 1 SINGAPORE The Singapore and Malaysian stock markets had a record day yesterday, with more than $500 million transacted here and almost a billion shares changing hands over the Causeway. In Singapore, turnover on the main board and Clob International totalled $549.47 million. smashing the previous
    172 words
  • 545 1  -  From Catherine Ong in HONGKONG STOCKS surged to record highs with the Hang Seng Index gaining 5.79 per cent yesterday on news of a resumption of Sino-British talks on the territory's political future. But the latest diplomatic breakthrough might be
    545 words
  • 579 1  -  From Conrad Raj in BATANGAS, Philippines PRESIDENT Fidel Ramos yesterday officially opened keppel Corporation's expanded shipyard in the Philippines, saying it marked a milestone for the country's shipping industry. Mr Ramos said the new yard the result of a merger of Keppel
    579 words
  • 259 1 THE Keppcl group in the Philippines plans to raise up to 6<X) million pesos (SS37 million) through the flotation of Kepphil Shipyard Incorporated, which will operate the merged facilities of Keppcl Philippines Shipyard Inc (KPSI) and its ncwly-purehascd PN(X IXx:kyard Engineering
    259 words
  • 616 1 Reuter TOKYO The US vigorously backed Russian President Boris Yeltsin at a rich nations* summit vesterdav, pledging some USSI.B billion (552.9 billion) in extra aid and calling for creation of a US$4 billion privatisation fund for the country. US officials
    Reuter  -  616 words
  • 259 1  -  By Schutz Lee SINGAPORE China's paramount leader Deng Xiaoping "is enjoying very good health", his son Deng Pufang said yesterday. The younger Mr Deng, who is wheelchair-bound, is in Singapore for a six-day visit as chairman of the China Disabled
    259 words
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  • SINGAPORE NEWS
    • 340 2  -  By Anna Teo THE RETAIL sales index may have been updated to the new base year 1991, but it does not oiler much cheer for the industry and its prospects for this year. Going by the re-based January retail sales indices (previously pegged at 100 in
      Source: Dept of Statistics  -  340 words
    • 520 2  -  By Chuang Peck Ming THE current slump in the office property market is likely to linger for another two to three years, says UOB Bank's research unit. Its forecast, published in the bank's latest Economic and Financial Quarterly, is
      Source: UOB  -  520 words
    • 353 2  -  By Juliette Walker EXPORTERS here could use a number of avenues to soften the impact of the Goods and Services lax (GST) on their businesses, a tax official said yesterday. They can hasten the refunds for GST paid on imports or
      353 words
    • 460 2  -  By Helen Chang THE Singapore Indian Chamber of Commerce and Industry (SICCI) has incorporated a holding company to spearhead investments into India. Parameswara Holdings Ltd. which was registered last week, will have an authorised capital of $20 million and a proposed
      460 words
    • 458 2  -  SDP politician says lie has said everything he wanted to say By Anna Teo OPPOSITION politician Chee Soon Juan last night ended his hunger strike which he began 10 days ago. still maintaining that the National University of Singapore (NUS) had no grounds
      458 words
    • 187 2 j I HI: Trade Development Board and the Singapore Manufacturers' Association will team up to organise conferences on business opportunities abroad. The two organisations will put together more than 30 country briefings and industry seminars for the rest of the year. They
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  • Page 2 Advertisements
    • 227 2 I o OMEGA The sign of excellence. SEMINAR O N Business Investment Potentials IN SARAWAK April 21,1 993 Marina Mandarin, Singapore Organised by the State Government ot Sarawak, in cooperation with Malaysia Industrial Development Authority, Singapore Manufacturers' Association Singapore Trade Development Board, this one-day seminar, from 8.30 am to 5.30
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  • THE REGION
    • 670 3 AFP PHNOM PENH The Khmer Rouge's sudden pullout from Phnom Penh has lett the government predicting more attacks to disrupt the upcoming elections and the United Nations clutching at straws to salvage the peace. The radical faction closed its office
      AFP; Reuter  -  670 words
    • 416 3 Reuter HANOI Up to 25,000 ethnic Vietnamese have fled to Vietnam from Cambodia in the past three weeks after Khmer Rouge attacks and up to 2,000 are reported to be crossing the border every day, diplomats said yesterday. But increased patrolling by
      Reuter  -  416 words
    • 350 3  -  From Maggie Ford in JAKARTA INDONESIA will review a move to raise vehicle licensing fees by more than 1,000 per cent after protests from MPs and the public. A senior police traffic official, Colonel Wati Sumarsono, has said the
      350 words
    • 327 3 UPI JAKARTA Indonesia is projected to buy as many as five squadrons of advanced jet fighters by 2018, including the US-built F-16s. Indonesia's largest circulation newspaper, Kompas Daily. said late on Tuesday that the newly-appointed air force chief, Vice-Marshall Rilo Pambudi, said
      UPI  -  327 words
    • 274 3 Reuter TOKYO Group of Seven foreign ministers yesterday agreed that UN-sponsored elections in Cambodia must go ahead on schedule on May 23-27 despite the threat of Khmer Rouge disruption. A Japanese Foreign Ministry official said that ministers from the United States,
      Reuter  -  274 words
    • 190 3 AFP JAKARTA Nusantara Aircraft Industry (IPTN) is negotiating with Hughes Aircraft Co a production deal linked to construction of Indonesia's communications satellite. "We are currently negotiating with Hughes Aircraft Co for an offset production deal." said IPTN executive Yanuarso from the IPTN plant in nearby
      AFP  -  190 words
    • 386 3 AFP Reuter JAKARTA Indonesian Foreign Minister Ali Alatas said yesterday that the pull-out of the Khmer Rouge faction from Phnom Penh was a serious development which might hinder next month's general elections. He said he planned to discuss the issue with French For- eign Minister
      AFP; Reuter  -  386 words
    • ASIA NOTES
      • 77 3 AFP HONGKONG Increasing numbers of people with forged passports are using the colony as a staging post to the West. An immigration department official said yesterday that officials at Kai Tak International Airport uncovered 2.840 cases last year, slightly up on 1991 and
        AFP  -  77 words
      • 51 3 AFP BANGKOK The Bank of Thailand plans to introduce new 100-baht (556.50) and 20-baht notes late next year to thwart counterfeiting. The Nation newspaper said yesterday that the central bank will use new technology to print the notes and make them more difficult to copy.
        AFP  -  51 words
      • 60 3 AFP HANOI A Chinese Communist Party delegation recently visited Vietnam to discuss relations with the Vietnamese Communist Party. The daily Vietnam News said yesterday that the Chinese team, led by Politburo member and political research department head Wang Wei Chung, discussed "the problems of reform in
        AFP  -  60 words
      • 81 3 AFP MANILA Philippine President Fidel Ramos is to make a six-day state visit to China starting on April 25. The presidential palaec said yesterday that Mr Ramos is scheduled to hold talks with President Jiang Zemin. Prime Minister Li Peng and the chairman of the National
        AFP  -  81 words
      • 68 3 AFP TAIPEI Taiwan's karaoke club operators yesterday agreed to pay annual royalties of up to USS 1.346 (552.194) per club for copyrighted programmes they provide customers. The move comes after threats from the US to impose 100 per cent tariffs on selected Taiwan exports,
        AFP  -  68 words
    • 321 3 AFP HANOI The United Nations and World Bank yesterday launched a programme to help Vietnam reform its stateowned enterprises, costly holdovers from the era of communist central planning. The US$3 million (554.9 million) programme aims to improve management and financial supervision
      AFP  -  321 words
    • 504 4  -  From Catherine Ong in HONGKONG SHANGHAI hotels are finally putting the famine years behind them as they scramble to cope with unusually brisk business in the first quarter of the year. Occupancy surged to 90-100 per cent from 30-40 per cent
      504 words
    • 180 4 AFP DETROIT A trade delegation from China has placed orders for more than 14,000 USmade cars from the Big Three car makers, the companies announced on Tuesday. Contracts were signed by the mission's chief, Gan Ziyu, for the delivery of
      AFP  -  180 words
    • 262 4 AFP TAIPEI Taiwan's investment overseas rose 13 per cent in the first quarter of 1993 compared to the same period last vear. but investment in the island from abroad dropped 14 per cent, the Investment Commission reported yesterday. The quarter saw Taiwan
      AFP  -  262 words
    • 445 4  -  By Helen Chang SINGAPORE South-east Asia should organise itself into a free trade zone in order to attract more Taiwanese investment, said a director with a Taiwanese industry association. A free trade zone would ensure a larger market for Taiwanese
      445 words
    • 419 4 AFP SEOUL A US soldier was sentenced to life imprisonment yesterday for the murder of a South Korean bar hostess in a controversial case which has whipped up anti-American sentiment. About a thousand demonstrators, earning signs reading
      AFP  -  419 words
    • 402 4 AP TOKYO North Korea will fete the 81st birthday of Kim II Sung, the oldest surviving Stalinist dictator, today isolated as deeply as ever by its rejection of international nuclear safeguards. The 22 million North Koreans are celebrating Mr Kim's
      AP  -  402 words
    • 332 4 Reuter SEOUL President Kim Young Sam's closest aide his right-hand man in an anticorruption drive resigned yesterday to take responsibility for his son's fraudulent admission to a South Korean university. "Secretary-general Choi Hyung Woo tendered his resignation to President Kim's
      Reuter  -  332 words
    • 369 5  -  By AJ Leow SINGAPORE Asian investors, rich From killings in the region's booming economies, are putting their nest eggs in cheap Australian property, says international property agent Jones Lang Wootton. Their love for good property seems to overshadow any prospects of a
      369 words
    • 270 5 Reuter TOKYO US Treasury Secretary Lloyd Bentsen yesterday voiced "substantial concern" over America's growing trade deficit with Japan and said Tokyo must boost its economy and its demand for imports for years to bring it down. "What we need is a stimulus
      Reuter  -  270 words
    • Article, Illustration
      29 5 Reuter SHRIVARDHAN, India A police officer displaying 26 rocket-shaped projectiles recovere< from the bed of a rivulet in Shrivardhan town, 220 km from Bombay, on Tuesday Reuter
      Reuter  -  29 words
    • 400 5 Reuter SRINAGAR. India Acute tension gripped Srinagar yesterday as hundreds of Kashmiris took to the narrow streets of the old city in fresh protests against Indian rule of their Himalayan region. Paramilitary troopers and armed police were deployed in strength around
      Reuter  -  400 words
    • 242 5 Reuter TOKYO Fewer than one in five Japanese back Prime Minister Kiichi Miyazawa's scan-dal-tainted Cabinet, according to a survey yesterday that showed a big jump in support for a radical new party. The survey, conducted by the Mainichi Shim bun newspaper, said 18
      Reuter  -  242 words
  • Page 3 Advertisements
    • 340 3 CALL MARE-FRANCE NOW FOR A FAST WEIGKFLOSS PLAN. For mosl men and women the thought of losing weight means rigid diets, inhuman exercise machines and workout sessions But very H.l 1 1 often, for overeaters and under ll' 11 active people, an abrupt change of Ik If routine can prove
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  • Page 4 Advertisements
    • 207 4 OLIVE i i \Omsct Better value for your money. Look no further. Come direct to Olivetti's showroom r-^y^ :L j ,:S. to the new nifty PCs. ok §|||ji the hallmark of Italian design UliiHf quality, the Olivetti PCS range I ||3fl of 386SX and 486SX PCs also 91 come with
      207 words

  • Page 5 Advertisements
    • 249 5 Still some way to go to get over that slump in Japan, Pg 25 w '.j 4 WHEN THE FRENCH DESIGNED this ■■■■■■1 MASS APPEAL WAS NOT THE Aeroaynarrucauy perfect wttn aCD figure as low as 028 DRIVING FORCE. (is it any wonder we rarely nave towkays at our snowroom?)
      249 words

  • REGIONAL FOCUS
    • 1315 6  -  Investments in lndoehina From Alan Boyd in BANGKOK INDOCHINA may be in Thailand's backyard, but it is only lately that Thai businessmen are turning their eyes to the region in a big way. Spurred on by the fruits of financial liberalisation and the likely
      1,315 words
  • Page 6 Advertisements
    • 402 6 Austria Style '94 Singapore May 24th 25th, 1993 2.00 p.m. 6.30 p.m. ANA Hotel Singapore For the fourteenth consecutive veor, leoding designers and manufacturers from Austria will present the latest fashion materials and accessories to buyers and agents in South East Asia Please indicate the companies you are interested in
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    • 8 6 regional ANALYSIS Every Wednesday, in Business Times 1
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  • THE WORLD
    • 412 7 Reuter LONDON Britain's longest recession since the Depression of the 1930s may finally be over, economists said yesterday after official figures showed strong manufacturing growth. The Central Statistical Office said industrial output jumped 1.6 per cent in February with manufacturing output up
      Reuter  -  412 words
    • 35 7 Reuter MOSCOW Poisoned rats gathering outside the GUM department store in Red Square on Tuesday. The Russian capital has launched an anti-rats campaign to clean up the city. Reuter
      Reuter  -  35 words
    • 262 7 Reuter WASHINGTON US Attorney General Janet Reno has ordered a Justice Department review of the controversial American policy of kidnapping suspects abroad. "That matter is an issue before us," she said on Tuesday, adding that she wanted to "carefully review it and make
      Reuter  -  262 words
    • WORLD WATCH
      • 54 7 AP WASHINGTON US President Bill Clinton said on Tuesday that he plans to nominate Ashton Carter, director of Harvard's Center for Science and International Affairs, to a top nuclear security post. Mr Carter was tapped to be Assistant Secretary of Defence for nuclear
        AP  -  54 words
      • 74 7 AFP TOKYO Foreign ministers from Britain, France, Russia and the US, all permanent members of the United Nations Security Council, met late yesterday in Tokyo, mainly to discuss the crisis in Bosnia, a French diplomatic source said. A little earlier, the seven G-7 ministers,
        AFP  -  74 words
      • 64 7 Reuter COPENHAGEN HUNGARY said it hoped to join the European Community in 1996 to strengthen its fledgling democracy, far earlier than the EC is likely to allow. At a 30-state conference on ways to help east Europe switch from communism, Hungary and other nations from the
        Reuter  -  64 words
      • 55 7 Reuter ROME Mario Segni, the former Christian Democrat politician leading a crusade to clean up Italian politics, yesterday appealed for a big "yes" vote in this weekend's electoral reform referendum. "Nothing less than 60 per cent will do if we are to continue
        Reuter  -  55 words
    • 556 7 Reuter w TOKYO When US President Bill Clinton meets Japanese Prime Minister Kiichi Miyazawa tomorrow, Japanese officials and analysts expect him to scrap Washington's traditional "scold Japan" line on defence issues. Rather, the focus of bilateral military talks
      Reuter  -  556 words
    • 354 8 Medium-term prospects for region remain uncertain AFP GENEVA Economic growth in Western Europe will be close to zero this year and medium-term prospects for the region remain uncertain, the United Nations said in a report released here on I uesday.
      AFP  -  354 words
    • 47 8 Reuter WASHINGTON US President Bill Clinton laying a wreath at the Jefferson Memorial on I uesday during ceremonies commemorating the 250 th anni*ersar> of President Thomas Jefferson's birthday. Speaking during the ceremonies, Mr Clinton reinforced his call for economic change in the US. Reuter
      Reuter  -  47 words
    • 491 8 Reuter COPENHAGEN The European Community has pledged to open its markets to the East amid complaints that the West is as indifferent to the fate of former communist nations as a Roman emperor watching Christians thrown to the lions. Thirty
      Reuter  -  491 words
    • 423 8 British papers accuse European Bank of overspending on itself Reuter LONDON The bank set up to help ailing East European economies has been accused of spending twice as much on setting up its office and running its affairs as it disbursed in loans to needy countries. But the London-based European
      Reuter  -  423 words
  • Page 7 Advertisements
    • 173 7 A STICKLER FOR DETAIL, MR. SEIJI WATANABE FOUND THE BREW JUST HIS CUP OF TEA. By noon, he had ploughed through half the reports, scrutinising every figure with his keen accountant's eye. But now, he needed to push aside the heavy paper- work for a refreshing cuppa. |M If only
      173 words

  • Page 8 Advertisements
    • 358 8 ALL THOSE WHO WANT THE WORLD'S it M LIGHTEST COPIER t raise your Hand, Y 4 The lightest and smallest copier in a new one. It's just as easy when you need to produce copies in black, the world, is now within your reach. blue, green, brown or red. (Cartridges
      358 words

  • COMPANIES & MARKETS
    • 579 9  -  Informatics share offer 30 times subscribed, IPC issue draws long queues By Genevieve Cua SINGAPORE Investors' appetite for stocks, particularly for new public issues, has yet to be satiated, judging from their response to the two latest public share offers. Computer school Informatics Holdings'
      Photo by Chris Loh  -  579 words
    • 528 9  -  Turning 25 By Joyce Quek SINGAPORE What do DBS Bank, Intraco, Keppel Corporation, Neptune Orient Lines, Sembawang Shipyard, Singapore Shipbuilding Engineering and Times Publishing have in common, apart from their listed status and pedigree? The answer: they all came into being in
      528 words
    • 584 9  -  HOCK LOCK SIEW <*• By Alvin Tay SINGAPORE Gaze at the stars by all means to find out which way share prices are likely to move. But if you want to know whether a company is likely to offer a bonus
      584 words
    • 258 9 SINGAPORE Rubber key pad maker San Teh yesterday placed out 11.5 million new 20-cent shares to raise money for expansion. The Sesdaq-listed company said the shares were placed out at $1.0716 apiece through UOB Securities Pte Ltd. The price represents a
      258 words
    • 222 9 Cycle Carriage launches M$40m condo project Bernama KUALA LUMPUR The Cycle Carriage Group, through its member company, Pantai View Sdn Bhd, recently launched for leasing the Ms4o million (SS2S million) Bintang Pantai Condominium. The project, which, according to the company reflects the ultimate in luxury living, will be ready for
      Bernama  -  222 words
    • Article, Illustration
      340 9 Performance of STII's index stocks Apr 14 Last Seasc lafcx Slock sale Ch«e (actor ■oven (S) <J) Avimo 1 <>70 0010 1 61 093 CAC 6 850 0 200 5.61 18 52 Ccrcbos 5 ISO -0 150 421 -13 89 FAN 12 200 0 300 9 98 27.78 GF
      340 words
    • COMPANIES
      • COMPANY BRIEFS
        • 62 10 Reuter KUALA LUMPUR Concrete Engineering Products Bhd has won a M 525.2 million (5515.9 million) deal to supply concrete poles to Telekom Malaysia Bhd. A formal contract would be signed at a later date, it said in a statement. The contract was expected to contribute
          Reuter  -  62 words
        • 68 10 Bernama KUALA LUMPUR Mulpha International Bhd yesterday entered into a memorandum of understanding with the shareholders of Tiararibu (M) Sdn Bhd to acquire from them the entire shareholding of Tiararibu. Mulpha said in a statement yesterday that the shareholding would be purchased at MS3
          Bernama  -  68 words
        • 85 10 SINGAPORE Tuan Sing Holdings has bought a 38-unit block of apartments near the Singapore Botanic Gardens. The group said yesterday that it exercised an option on Monday to buy the 36 residential apartments and two commercial units for $22.3 million. The units are part
          85 words
        • 32 10 SINGAPORE L&M Group Investments director Mohd Abdul Jaleel has bought more shares in the company. He paid SI.BI million on Tuesday to buy another one million shares.
          32 words
        • 101 10 Bernama KUALA LUMPUR Golden Plus Holdings Bhd has recorded a 3.7 per cent rise in group operating pre-tax profit to MS 14.3 million (SS9.O million) for the year ended Dec 31, 1992, from MS 13.79 million in 1991. A Golden Plus statement here
          Bernama  -  101 words
      • 344 10  -  DBS CHARITY HSIMESXMENTjEASE By Soh Tiang Keng SINGAPORE The fund manager of Credit Lyonnais, Colin Lee, has predicted a bullish spell this year for the Singapore stock market. He told BT that included among the "positive developments" for the local stock market were prospects of
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      • 346 10  -  Acma/Gazprom contract By R Sivanithy SINGAPORE The share price of clcctronics and airconditioncr maker Acma shot up yesterday following news that it had signed a USSI6O million (***** million) contract to supply and install telecommunications systems in Russia. The counter, which
        Source: Bridge Info  -  346 words
      • 262 10 AFP SINGAPORE Gazprom, the Russian state gas company, plans to increase natural gas exports by 50 to 60 billion cubic metres a year soon with the construction of at least two more pipelines to sene European customers. Nikolai Belyi, head of
        AFP  -  262 words
      • 1529 10 Payment Ex Books Pa> date close date cma F 7.5 iun 10 Jun 22 Jul 5 Amlck Eng 20* I 6TE Apr 15 Apr 21 Apr 30 Apollo F 2.5 Jun 21 Jun 25 Jul 15 Awmo 20* F I2.5TE Feb 17 Mar l Apr 5 Berjava Group
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      • 450 10 UNIT TRUSTS FUNDS Mariacm prkM Apr 15 Prudential Singapore Unit Trust 108 The immcnv ijo i J 7 MARA-Bumtputra TIk S1HHJ.S Fund 1.12 I I8*d First Bpulra 1.66 I.TI S'pore Prog l-und 0 5) 0 56 Seeond B'pulra 1.63 IU S'pore See Fund 0 87 091 Third B'pulra $.62 $.67
        450 words
      • 336 10  -  From Maggie Ford in JAKARTA PT GADJAH Tunggal. the Indonesian tyre maker whose depositary receipts are listed on the Singapore Clob market. lifted sales 19.2 per cent to 269 billion rupiah in 1992. Operating income rose a hefty 49 per cent
        336 words
      • 105 10 JAKARTA Indonesia's new Finance Minister Mar'ie Muhammad has decided to replace the chairman of the Capital Market Supervisory Agency (Bapepam) in the wake of the much-publicised trading scandal at the Jakarta Stock Exchange. The Jakarta Post yesterday reported that Bacelius Ruru. formerly the chief
        105 words
      • 436 11 Bloomberg Business News ATLANTA Coca-Cola Co said first-quarter earnings from operations rose 21 per cent, fuelled by better-than-expeeted sales, lower operating costs, and a big contribution from its bottlers. The world's largest beverage concern saif* it earned a record US$454 million (about ***** million), or
        Bloomberg Business News  -  436 words
      • 368 11 Reuter SEATTLE Software giant Microsoft Corp teamed up with PC-maker Compaq Computer Corp on Tuesday in a strategic alliance to make personal computers as easy to use and as common as everyday household appliances. The wide-ranging accord, building on collaboration
        Reuter  -  368 words
      • 219 11 Reuter TOKYO The Tokyo stock market's bull run has entered its second month but traces of investor anxiety linger as the nation's giant life insurance firms show little sign of jumping on the bandwagon. The Nikkei Average of 225 share prices
        Reuter  -  219 words
      • 68 11 Reuter PARSIPPANY, New Jersey: Palriek O' Lonncll, president of the Shannon Group Inc, holds aloft some of his "green tyre" airless bicycle tyres as his bike with the injected polyurethan tyres is parked on a demonstration bed of nails. The British made tyres will never go
        Reuter  -  68 words
      • COMPANY BRIEFS
        • 96 11 Reuter HONGKONG Yaohan International, the holding company for Yaohan Hongkong Corp Ltd, said it has signed a deal with Japanese fast food chain Mos Food Services Inc and China's state-owned China Vcnturctcch Investment Co (CVIC) to open 3,000 burger outlets in China and
          Reuter  -  96 words
        • 67 11 Reuter BEIJING Qingdao Brewery Co will issue shares starting in mid-May and list in Shanghai and Hongkong by the end of June, the China Daily reported. The company, to be established shortly through a merger between the original Qingdao Brewery and three other breweries
          Reuter  -  67 words
        • 96 11 Bloomberg Business News TOKYO Japan's Minolta Camera Co, battered by sluggish sales and the rapidly appreciating yen, is expected to report a loss of 14.5 billion yen (about 5520.7 million) for the financial year ended March 31, the Sihon Keizai said. Company spokesman Koichi Nakanishi
          Bloomberg Business News  -  96 words
        • 79 11 Reuter WELLINGTON The inclusion of New Zealand forester Carter Holt Harvey Ltd (CHH) in the Australian All Ordinaries Index was still at least four months away, an Australian Stock Exchange official said. Some brokers said part of the reason for CHH's share price rise
          Reuter  -  79 words
        • 61 11 Bloomberg Business News NEW YORK CBS Inc's rank as the No 1 network is paying ofT, as the television network yesterday posted sharply higher first-tiuarter results. CBS reported net income of U5554.2 million (about 5587.9 million), or US$3.5O a share. That compares with year-earlier earnings
          Bloomberg Business News  -  61 words
        • 71 11 AFP MANILA South Korea's Daewoo Motor Co will set up a 400 million peso (about 5524.7 million) facility in the central Philippines to manufacture steering systems for export, a trade official said yesterday. Trade Undersecretary Tomas Alcantara said the facility would complement an existing
          AFP  -  71 words
      • 362 11 Bloomberg Business News Reuter HONGKONG Real estate and investment company Evergo International Holdings, and its subsidiary, Chinese Estates Holdings, yesterday reported a leap in profits for 1992 but denied their shareholders a dividend for the year. Evergo said its profit after tax
        Bloomberg Business News; Reuter  -  362 words
      • 309 11 Bloomberg Business News Reuter TOKYO Japan's Sega Enterprises Ltd plans to team up with the two biggest US cable networks to send its video games down cables to up to 20 million American households. Sega. Tele-Communications Inc (TCI) and Time
        Bloomberg Business News; Reuter  -  309 words
    • FINANCE
      • SMALL CHANGE
        • 100 12 Reuter FRANKFURT Germany's central bank yesterday maintained its policy of small cuts in short-term interest rates, shav ing the lowest rate in its latest money market funds tender by two-hun-dredths of a percentage point to 8.11 per cent. The latest cut was a fraction smaller
          Reuter  -  100 words
        • 101 12 AFP KARACHI Bear Stearn on Tuesday became the first U$ investment bank to enter into a joint venture in Pakistan. Stephen Cunningham, head of the New York-based bank's emerging markets section, said Bear Stearn would have a 30 per cent stake in the USSS.S million
          AFP  -  101 words
        • 69 12 Reuter LONDON The National Westminster Bank pic is in talks with Societe Generale of France and Germany's Commcrzbank about co-operation in providing services to small businesses and personal customers, according to the Financial Times newspaper. The paper said the British bank was exploring
          Reuter  -  69 words
        • 96 12 AFP BEIJING Total foreign currency bank savings held by Beijing residents have surpassed USSI billion and now account for 15 per cent of all such savings in China, the Economic Daily said Tuesday. The sum puts the capital just behind Guangzhou, the rich central
          AFP  -  96 words
        • 88 12 LONDON The Financial Times said the Italian firm Fininvest, owned by Italy's Silvio Berlusconi, is planning the merger and flotation of its main publishing activities. The paper said under the proposal. Fininvest's magazine and industrial printing businesses would be merged with Mondadori, Italy's biggest
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        • 84 12 ROTTERDAM Credit Lyonnais Bank Nederland chairman Willem Van Driel said that business growth in the first quarter of 1993 had been strong, matching the rising trend seen by the bank in the last quarter of 1992. "We had said that 1993 would be a difficult
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      • 355 12  -  Rules will incorporate major developments in transport industry By Magdalene Ng SINGAPORE International merchants and bankers will find it easier to document payments when new guidelines take effect worldwide next Jan 1. The rev ised rules, to be released next month,
        355 words
      • 213 12 AFP KUALA LUMPUR Malaysia's central bank, reputedly an aggressive player in international currency markets, yesterday came under pressure to explain why its contingency reserves plunged 93 per cent last year. Malaysian opposition leader Lim Kit Siang demanded that Finance Minister Anwar
        AFP  -  213 words
      • 259 12 SINGAPORE Thai Military Bank had no intention of setting up a branch in Singapore, its chief executive said yesterday. "Singapore is already too competitive," said Thanong Bidaya. "We prefer to stay with our niche, which is the Thai and Indochina markets,
        259 words
      • 371 12  -  By Paul Leo SINGAPORE Swift, the Society for Worldwide Interbank Financial Telecommunication. plans-to set up a support centre in the Asia Pacific. Chief executive officer Leonard Schrank said yesterday the group had not decided where hut the choice is between Tokyo.
        371 words
    • FINANCE & COMMODITIES
      • 547 13 NYT NEW YORK Merrill Lynch Co surprised Wall Street on Tuesday by reporting a 57 per cent surge in first-quarter earnings. a record that was tar above security analysts' estimates for America's largest securities firm. The robust increase reflected strong gains for
        NYT  -  547 words
      • 62 13 Reuter TOKYO A fake 10,000 yen bill (SSI43) (top), 280 of which were found between Sunday and Tuesday in the Osaka and Kvoto regions of western Japan, is compared with a genuine note (below) in Kyoto. Banks and railway stations shut down thousands of money
        Reuter  -  62 words
      • 381 13 Reuter TORONTO Canadian financial institutions arc benefitting from the consolidating financial services sector in the United States, where banks are increasingly relying on a regional approach. Toronto-Dominion Bank's acquisition on Monday of USSI.2 billion (SSI.9 billion) in loans made to US
        Reuter  -  381 words
      • 280 13 Reuter MUSCAT Oil producers led by Opec seem to have backed off from an immediate confrontation with the United States and the European Community over threatened carbon taxes on petroleum. A communique issued after ministers of 25 of them met in Muscat in
        Reuter  -  280 words
      • 624 13  -  From Brian Gomez in SYDNEY CHINA is playing a pivotal role as US and European Community steel producers threaten to unleash a trade war in the face of their inability to fend off import competition, according to AME Mineral Economics
        624 words
      • 358 13 Bloomberg ENERGY REPORT LONDON Oil futures prices fell in London and New York yesterday after the latest stock report showed a large build in US crude oil inventories. brokers said. The American Petroleum Institute said crude stocks surged 12.4
        358 words
      • 168 13 DOLLAR trading was active yesterday with the US dollar gaining ground against both the SS and the MS. despite a generally lower dollar against the major European currencies. The USS/SS opened at 1.6220/30. close to the low of the day. Good demand for US$ was
        168 words
      • 191 13 AFP LONDON The dollar recovered some lost ground in European trading yesterday, rising more than a pfennig against the German mark. The dollar nudged higher against both the German mark and the Japanese yen, with traders saying its protracted slide on foreign exchanges had enticed buyers back into the
        AFP  -  191 words
      • 89 13 AFP NEW YORK The dollar moved higher early yesterday within narrow margins against other major currencies in quiet New York trading. At 9:45 am (1345 GMT), the dollar was trading at 1.5860 German marks from 1.5810 on Tuesday evening. Earlier in the day in London, the dollar had
        AFP  -  89 words
      • Article, Illustration
        1142 13 hdjf m indt-y lOkulali-J utamM S'pire\ hip 14 irujimt Bom' ihi IW USS/SS forward rates Noon Apr 14 ss BM Offer 1-month I 6222 162J 7 2-monlh I .(>207 1.6222 V month ***** 1 6203 6-month 1.6148 1.6168 .Vwr tv CX Hi Source: OCBC FOREIGN CURRENCY NOTE RATES As at
        1,142 words
    • COMMODITIES & FUTURES
      • 1427 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended steady to firmer in light trade yesterday as participants consolidated their positions in the absence of economic data, dealers said. Sentiment remains bullish, reinforced by the release of US retail sales figures on Tuesday, but the contract
        Reuter  -  1,427 words
      • 959 14 COMMODITIES REPORT Rubber INGAPORE: Rubber futures losed the afternoon session firler yesterday on slight short overing but trade remained lack on continued absence of onsumer demand. Offers were still plenty from ndonesian producers, traders aid. but buyers were scarce. There is simply a
        959 words
    • 1641 14 Rubber Apr 14 RAS Commodity Exchange (futures doting as at 1pm) RAS (physical prices) RSS 1 Contract (S cents/kg) As at 12 noon Buyers Sellers (S cents/kg) Month High Low C lose Sett volume (tonnes) upen Interest RSS 2 May 93 nrr 1 VI-., Q1 130.50 13I.50N 1
      1,641 words
    • REGIONAL STOCK MARKETS
      • 1179 15 15.7 Stocks closed at a three-year high after the key market indicator burst through its psychological ceiling of 1,700 points. Metal stocks were at the forefront o:\ hopes that Japan's 13.« trillion yen stimulus p?.ckage will increase demand. "We have not seen any interest in the metal sector for
        1,179 words
      • 566 15 14.5 Philippine share prices closed higher yesterday after a weak start on the strength of foreign buying. The Manila Stock Exchange Composite Index hit 1,582.14 points, beating the all-time high of 1,580.95, before closing at 1,578.85, a 14.50 points gain. The Makati Index closed at 1,616.62 points, breaking its
        566 words
      • 254 15 14.21 New Zealand share prices ended firm on reasonable volume, helped along in part by a lower than expected inflation result for the March quarter. The NZSE-40 Capital Index finished 14.21 points higher at 1,585.75. Volume was worth NZ$36 million. The CPI rose only 0.1 per cent in
        254 words
      • 608 15 -21.81 Late profit-taking from early gains pulled Taiwan stocks to finish lower yesterday and brokers predicted the market would continue moving narrowly in the near future. The Weighted Index slipped 21.81 points to end at 4,575.85 while turnover was a thin NT533.36 billion. Brokers attributed early gains to bargain
        608 words
      • 367 15 -15.6 Rampant profit-taking across the board in reaction to a recent bull run dragged the stock market to a sharply lower close in active trading yesterday, brokers said. They said the downward correction would continue today but expected a mild rebound during the afternoon session. The Composite Stock Index
        367 words
    • WORLD STOCK MARKETS
      • 605 15 -4.7 Share prices ended a lacklustre day lower on balance despite industrial economic data effectively showing the long UK recession had finally ended. Equity strategists yesterday said they expect the market to continue to drift as the three-week Easter trading account draws to a close, with expectations of economic
        605 words
      • 123 15 -2.65 French stock prices fell 0.1 per cent yesterday after Tuesday's buying spree based on lower interest rates played itself out, traders said. The CAC-40 index fell 2.65 points to close at 2,015.43. The index opened at 2,014.65, hit a high of 2,022.37 early in the session, and then
        123 words
      • 132 15 +0.19pc The Stockholm bourse closed slightly higher after a day distinguished by uneven moves, sluggish trade and a lack of news. The all-share index ended up 0.19 per cent at 992.34 points and total turnover was worth 688 million crowns, slightly more than during the sluggish week leading up
        132 words
      • 182 15 1.39 German shares recovered from early lows to end little changed yesterday as the market continues to wait for clear interest rate easing from the Bundesbank. The 30-sharc DAX index finished 1.39 points higher at 1,672.44. After falling to a low of 1,664.56 early in the session, the DAX
        182 words
      • 156 15 -0.09 pc Blue chips closed almost unchanged in technical activity yesterday before the end of the April account tomorrow. Most options contracts were abandoned on expiry yesterday, _Fiat and Generali accounting for one third of all contracts between them. The MIB all-share index slipped 0.09 per cent to 1,132,
        156 words
      • 244 15 1.41 Dutch shares closed firmer on strong bonds, a relatively stable dollar and a steady opening of Wall Street. But dealings were thin and most attention was drawn by publishers, traders said. Publisher VNU closed 3.90 guilders higher at a new 12-month high of 116 after the sale of
        244 words
      • 242 15 -4.9 Swiss shares ended lower, led down by a drop in chemical firms Ciba-Geigy and Sandoz and in food giant Nestle. However, financial stocks proved resilient on hopes for easier interest rates, and dealers said they expected the market to follow this pattern today, with strong financials and weak
        242 words
      • 265 15 +9.83 Toronto stocks were mixed in moderate midday trading yesterday. The TSE 300 Index slipped 0.24 point to 3,264.60 on volume of 25.5 million shares valued at Cs24o million. On Tuesday, Toronto stocks ended firm, underpinned by gains in banking shares which took their cue from a drop in
        265 words
      • 699 15 15.94 Blue-chip prices moved higher yesterday on the continuing decline in long-term interest rates as the markets appeared to shrug off fears of higher inflation. The Dow Jones Industrial Index was up 12.67 points to 3,456.70 at 11am (1500 GMT). Trading was active with 80 million shares changing
        699 words
      • 280 15 -31 Nervous South African investors marked gold shares down in relatively thin trade as they braced themselves for a bout of US selling in the wake of the chaos erupting from yesterday's mass stayaway, dealers said. The overall index was 31 points lower at 3,498. The industrial index lost
        280 words
      • 794 15 Britannia Funds Merlin* Cask Bid Offer Mim Cap Depoul M 5900 il 6000 Mim Jenev (5l- -0 HI* 0 2020 Mim Mai Income ****** I 0*00 USSCMh Income Plin Fund 10 2700 *****0 PS Rnnvt Fund 5 2000 5 2100 E»n%aMMt A4W2 0WM Fat Em Fund .•2.7*50 *2 97 JO
        794 words
    • Article, Illustration
      2987 16 Reuter HONCiKONCi Share prices powered to a record closing high yesterday. buoyed by Si noBritish talks to resolve a row over Hongkong political reform, brokers said. The blue-chip Hang Seng Index rose 371.53 points, or 5.79 per cent, to end at 6.789.74 against a previous record close ot 6.508
      Reuter; Source: Bridge Info  -  2,987 words
    • Article, Illustration
      461 16 THE SHENZHEN A market slid lower in light trading yesterdav. Only Southern Glass showed mueh activity because its profits for 1992 were better than expected and they outperformed most other companies on the exchange. The CLSA Shenzhen A Index nudged down 0.8 per cent to close at 3.098.39. The
      461 words
    • Article, Illustration
      2458 16 Reuter TOKYO Stocks closed down yesterday on index-linked selling and profit-taking after Tuesday's surge, when the Nikkei jumped over 850 points and rose above 20,000. Although buying is limited at this high level, sentiment remains strong after the announcement on Tuesday of a record stimulus package. "Investors are buying
      Reuter; Source: Bridge Info  -  2,458 words
    • Article, Illustration
      1030 16 Reuter JAKARTA Jakarta stock prices closed slightly firmer yesterday although brokers said sentiment was generally bearish. "Trading is quiet because most players concentrated their activities in overseas markets such as Hongkong over the past two days." a dealer with a foreign securities firm said. Among the gainers were Interpacific.
      Reuter; Source: Bridge Info  -  1,030 words
    • 1931 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Kcnong Bhd SOc 75 *70.000 £^..==:=::::SS!JS Ind <)x>jen MK SZ'jJnSm Atu P* Ld 50c S t icncral Curp 1 MBt Hk)|p> MV Kamuntinu Mk 2 If Vmn Mctropfc* Sk *****0 IndOxvjtnWi 7523.000 AMDB 50c *22.000 CASH 50c 6.477.000 Mulpha
      Source: Bridge Info  -  1,931 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5200 17 Bernama KUALA LUMPUR Share prices here closed higher yesterday with a good number of counters posting double-digit gains on strong speculative support. However, some component stocks ended ofF peaks as investors unloaded positions for profits. This resulted in the KLSE Composite Index retreating
        Bernama; Source: Bridge Info  -  5,200 words
    • STOCK EXCHANGE OF SINGAPORE
      • 6038 18  -  By R Sivanithy SINGAPORE Broking firms had a field day yesterday as speculative interest took the value of shares traded to an all-time high of over half a billion dollars. A total of 422.19 million shares worth $549.47 million changed hands
        Source: Bridge Info  -  6,038 words
      • 67 18  -  1 HOT STOCK" Quak Hiang Whai JURONG Engineering broke out of a major downward sloping trendline last year, leading to its current run. It has broken resistance point at 55 and is set to test $6. This will send all its indicators further into the overbought region. Six
        SOURCE: BRIDGE INFO  -  67 words
  • Page 9 Advertisements
    • 269 9 DEVELOPING THE external W ECONOMY The MBA Alumni NUS and the School of Postgraduate Management Studies have brought cogetter key business leaders to examine and focus on the issues, implications and opportunities for local businesses arising from Regionalisation CLOSINQ DATE FOR REGISTRATION IS MONDAY, 26TH APRIL 1993 0830-0900 Registration 1100-1130
      269 words

  • Page 10 Advertisements
    • 132 10 'flm I Ife' vESrot > ™S&X THE CHARMS OF SAKURA-KAISEKI Through the month of April, it's a delectable season of gourmet grandeur at the Senbazuru with the freshest of Spring treats to stir your taste buds. Our chefs offer of cherry blossom-tofu soup will bring you right into the spirit
      132 words
    • 87 10 r I CRABTREE How to be the ideal boss to the perfect secretary. W r ith lovely gifts from Crabtree Evelyn, specially prepared for Secretary's Week, April 19-23. Fine foods, sweet treats, fragrant potpourri _>■ and luxurious toiletries. A wide range of unusual and imaginative gifts, made from the finest
      87 words

  • Page 11 Advertisements
    • 198 11 So you're going to EUROPE Check these out first! 14 days European Razzmatazz England, Belgium, Germany, Austria. Italy, Switzerland, France US$l2B9 Dep. 25/4, 9/5, 23/5, 6/6, 20/6, 4/7, 18/7 17 days Romantic Europe England, Belgium, Holland, Germany, Switzerland, Liechtenstein, Austria, Italy. Monaco, France US$l499 Dep. 25/4, 9/5, 23/5, 6/6, 20/6,
      198 words
    • 136 11 This appears as a matter of record only. April 1993 U.S. $300,000,000 General Electric Capital Corporation 5/4% Notes Due April 8,1998 Price 99.59% Lehman Brothers Securities Asia Ltd. The Development Bank of Singapore Ltd Goldman Sachs (Asia) Limited Kidder, Peabody International Limited J.P. Morgan Securities Asia Ltd. Nomura International (Hong
      136 words

  • Page 12 Advertisements
    • 252 12 mlSi Ml DATE: April 17,1993 TIME: lpm 2pm PLACE: Raffles City atrium 'y < "h't Tips on walking by Singapore's Sign up for The Big Walk during the ir™ SXw™ 501 Walkshop session and win these prizes: BKfl WALK %/w Power-packed dance A JSUNDAY MAY 23 7:3OAM by the Asics/Clark
      252 words


  • Page 14 Advertisements
    • 211 14 The Straits Times Classified your multi-purpose partner SWITZERLAND Your address in Europe for commercial partnerships financial transactions. Confidentially seriously handled. BURO-PLATEL 38, rue de Lausanne CH-1950 Sion business TIMES' TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 International Factors (Singapore) Ltd A member of The ECICS Group 5525,000,000 Series One Floating
      211 words
    • 38 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead I"J|§ T§ |[J d 114 |I J (Make new"business contacts through classification 203 in The Classified. ca.ta 737-1166
      38 words


  • Page 16 Advertisements
    • 97 16 /.UUU 111 UK IK-Al r m, T I BlancpaiN NEVER BEEN A QUARTZ BLANCPAIN WATCH. Singapore THt HOURGIXSS• Luck* PUm 7M242»1 ScuMs T lnn7 H C Tri 7141 V*VW» femnsub Tel H7HOMW66I Worfd TtadeCeWWTel *****07 «c, w .svm<c 7H1262rt41* RaHk-. Tel 1******* ujmt Spf I chdnfii Airport Terminal IWeM W.ncsl
      97 words

  • Page 17 Advertisements
    • 42 17 With over 170 million cards honoured i werlO million establishments/ the whole world in your hands. And it gives you easy access to cash at 300/000- bank brendhi^^^^f YOU'VE GOT THE WHOLE WORLD ATMS worldwide. IN YOUR HANDS- U j &W\kt& ';i'H
      42 words

  • Page 18 Advertisements
    • 84 18 BlancpaiN x Since 1735 there has i \YM3B NEVER BEEN A QUARTZ BLANCPAIN WATCH Singapore THF HOUR GLASS Lucky Plaza Tel 7M2«2<VI Scotts. Tel Ontrrooint Tel 7WIMHGOJ Peninsula Plaia Tel W8 W*****6? World Trade Centre Tel 27J1007 Palais Renaissance Tel 7U1262/"s«i Raffles Tel Changi Airport Terminal lltasl fcWesl Wmgsl Tel
      84 words

  • SPORTS
    • 501 19 Golf AP HATTIESBURG. Mississippi If history is any indication, golf fans need to keep an eye on Greg Kraft. The secondyear pro has led the last two PGA Tour events going into the final round, and held on to win Sunday's Deposit
      AP  -  501 words
    • 310 19 SINGAPORE Australian superstar Greg Norman, currently ranked number four in the world, will take part in the U5527,000 (5543,200) Johnnie Walker Skins Game at the Shanghai Country Club on April 23. It will be Norman's first trip to China and will mark
      310 words
    • 594 19 NYT NEW YORK A year ago. the New York Knicks were about to lose a five-game lead with eight to play and blow the Atlantic Division to the Boston Celtics, and it was painfully obvious to Pat Riley why. The Knicks. he
      NYT  -  594 words
    • 606 19  -  By Ira Berkow NYT NEW YORK The story goes that a man was crawling on his hands and knees in the street at night. When a passerby asked what he was doing, he replied: "Looking for my wallet." The
      NYT  -  606 words
    • 719 19 NYT ATHENS. Greece On the morning of Toni Kukoc's biggest day this year, he walks straight through the glorious lobby of the hotel headquarters of the European final four basketball championship. He is walking a lot like Bill Russell walked four decades ago.
      NYT  -  719 words
    • SIDE LINES
      • 67 19 AP AUSTIN, Texas Tom Kite's back problem has been diagnosed as herniated discs and the US Open champion will be out of action for an undetermined length of time. Kite, who was examined on Monday at the Centinella Hospital in Los Angeles, said
        AP  -  67 words
      • 40 19 Reuter BIRMINGHAM. England China's He Xuewei flies through the air during her floor exercise at the World Gymnastics Championships qualifying round here on Tuesday. She finished fourth on the first day of competition. Reuter
        Reuter  -  40 words
      • 64 19 Reuter BAY ST LOUIS, Mississippi Former world heavyweight champion Larrv Holmes stopped Canadian journeyman Ken Lakusta in the seventh round on Tuesday when Lakusta's corner retired. The 43-year-old Holmes still hopes to land a title shot against World Boxing Association and International Boxing Federation
        Reuter  -  64 words
      • 65 19 AP PORT-OF-SPAIN, Trinidad Pakistan's touring cricket squad, angry after the arrest of four players in Grenada, was to decide yesterday whether it would scrap the rest of its Caribbean tour, its manager said. The four, including team captain Wasim Akram, were arrested on a beach on Thursday
        AP  -  65 words
      • 102 19 AP ROME Pope John Paul II took advantage of a brief respite after Easter to practise his favourite sport on Tuesday, skiing for seven hours during an unannounced trip to a resort east of Rome. The Pope arrived at Gran Sasso. a mountain near L'Aquila. about 119
        AP  -  102 words
      • 80 19 NYT DENVER Joe Montana, stili searching for a new team, eliminated the Tampa Bay Buccaneers Tuesday. The 36-vear-old San Francisco 49ers quarterback had considered 1 ampa Bay as a courtesy to Buccaneers coach Sam Wyche, a former 49ers assistant. But the Buccaneers never dangled a
        NYT  -  80 words
    • SCORE CARD
      • Article, Illustration
        72 19 Reuter NEW VORK Results of Major League games played on Tuesday. National Houston 9 Montreal 6: St Louis 9 LA Dodgers 7; San Francisco 3 Florida I: Philadelphia 4 Cincinnati I; Atlanta 3 Chicago Cubs 2; NY Mets 8 Colorado 4; Pittsburgh 6 San Diego 4. American l>eague: Boston
        Reuter  -  72 words
      • Article, Illustration
        72 19 Reuter NEW VORK Results of NHL games played on Tuesday: Montreal Canadicns 3 Buffalo Sabres 2 (OT); Hartford Whalers 3 New York Iv landers 3 (OT). Quebec Nordiques 6 Ottawa Senators 2; Toronto Maple Leafs 2 St l-ouis Blues 1 (OT); Chicago Blackhawks 3 Minnesota North Stars 2;
        Reuter  -  72 words
      • Article, Illustration
        75 19 Reuter DOHA Results of World Cup Asian zone first round Group C qualifiers on Tuesday: North Korea 4 Indonesia 0: Vietnam 2 Singapore 3. Standings (played, won. drawn, lost goals for. against, points): I. North Korea 3 3 0 0 9 16 2. Qatar 2 2 0 0 7
        Reuter  -  75 words
      • Article, Illustration
        127 19 AFP AFP CHARI.OTI K, North Carolina Tuesday's results from the I *****.000 (SM89.000) A I P tournament. First round: Derrick Rostagno (US) b l.eonardo La\alle (Mex) 6-1. 7-5: Brian Shelton (US) b Horst Skoff (Austria) 6-3. 6-4; Gilbert Schaller (Austria) b Todd Witsken (US) 6-4. 6-0: Joao Cu-nha-Silva (Por)
        AFP  -  127 words
      • Article, Illustration
        43 19 NEW YORK Results of NBA games played on Tuesday: Cavaliers 112 Hawks 109 (OT2); Celtics Pacers 90. Magic 110 Bucks 91; Knicks 93 Bullets 85; Rockets 126 Lakers 107; SuperSonics 129 Timberwolves 95; Spurs 110 Kings 100; Trail Blazers 101 Clippers 99.
        43 words
      • Article, Illustration
        175 19 AP PALM BEACH GARDENS, Florida Point leaders for the US and European teams for the Ryder Cup at the Belfry in September The top 10 US points leaders and top nine European points leaders automatically qualify for their teams and the remaining two Americans and three Europeans will be
        AP  -  175 words
      • 124 19 AP BIRMINGHAM, hngland Results after Tuesday's qualifying rounds of the optional exercises at the World Gymnastics Championships. Men's events: I. Valcri Belenki (Azcrb) 55.65 points 2. Valcri Liukin (Kazakh) 55.35 3. Igor Korobchinski (Ukra) 55.225 4. Dmitri Karbonenko (Russ) 54.975 5. Andrei Kan (Belarus) 54.9 6. Alexei Nemov (Rus)
        AP  -  124 words

  • Page 20 Advertisements
    • 861 20 MTNothiiigßeatsAßucl. KING OF JlO FOOD BUFFET gV i AT ONLY $13.80++ V jfr j Cafe Carousel offers a fantastic spread of A\ tasty, authentic Malaysian dishes in its uKjJ i 'Wm Malaysian buffet. Enjoy daging semur, V II ,ried b® 6 with onions), ayam rendang, friVi V J babi assam
      861 words
    • 296 20 WHERE TO WINE, DINE AND ENTERTAIN tJT^—M-'.-jM^m'Jfo-.. Come on down to Subway and check these out Happy Hours whole nifhc 6pm 2am No cover charge $3** all standard drinks and beer Mon Thurs Extended Happy Hours 6pm »pm Friday Saturday Eve of Public Hobdays LfVEWWE. the hottest band plays Top
      296 words
    • 398 20 For only S3o+-* per person. Come and taste the I difference at The Stables! J Available every day ot the week except I Sundays and Public Holidays. I Lunch: 12 noon 2.30 pm I For reservations, please call *****51. 1 G//oHtfaw <* JrrwMcrr jSjjHfl kfetnfa«4<*>r«n 11) Orchard Road Sm»apore 0»21
      398 words

  • LIFESTYLE
    • 446 21 On Tuesday, competition administrator Columbia University released the winneis list AP THE 1993 Pulitzer Prize for biography was awarded on Tuesday to David MeCullough for Truman, and the fietion award went to A Good Scent from a Strange Mountain, by Robert Olen Butler. Tony Kushner
      AP  -  446 words
    • 375 21 CHATTERBOX UPI Reuter UPI PET MONKEYS, boyfriends, nappy-cleaning bills, psychics' fees, other people's stolen property, dating-service dues, cigarettes and waterbeds. If Americans stay true to form, these are just a few of the tax-reducing write-ofTs that many will be trying to get
      UPI; Reuter  -  375 words
    • 618 21  -  The elite sentinels fear they may lose their jobs as the lower of London comes under review, reports Patricia Reaney Patricia Reaney Reuter YEOMAN Warders have guarded the Tower of London since 1485, but a review at Britain's most popular tourist
      Reuter  -  618 words
  • Page 21 Advertisements
    • 94 21 Savour authentic specialities prepared by 1\ ,L Italian "Chef Extraordinaire" Franco Gioco specially flown in from the Ristorantel2 //J7 Apostoli in Verona. Italy. A Michelin 1(1 A ward-winning restaurant. jJ The Best Of m it has hosted w Jk t many Heads #T Zk I Y of State and 1
      94 words
  • Page 21 Miscellaneous
    • 0 21
      0 words
    • 1072 21 TV RADIO Kingdom of the Water Buffalo, isolation on Suiawc^i/lndoiicdocumentary looks al their tra- m .y. ditional customs and funeral V^, Hu Jia Zhuang, award for her portrayCiolding's classic, this lack lus- -ffi k-> tre movie stars American un- knowns including Chns Furrh. The biggest horn wins and that sno
      1,072 words

  • INNOVATION & TECHNOLOGY
    • 978 22  -  Despite President Clinton's high-tech plan, the real revolution is coming from below, one of the industry's top insiders tells Kenneth James Kenneth James When US presidential candidate Bill Clinton was formulating his technology plan last year, he met with a select group of about a dozen
      Photo by Arthur Lee  -  978 words
    • 726 22 NYT It is prudent to take supplements such as vitamins C and E and beta carotene. So say experts like Dr Walter Willett, chairman of the department of nutrition at the Harvard School of Public Health; Dr Gladys Block, a professor at the School of Public
      NYT  -  726 words
  • IN TAKES
    • 61 22 SINGAPORE R&D jobs by the Singapore Institute of Standards afld Industrial Research (Sisir) for industry clients jumped 50 per cent in the financial year 1991/92. The latest issue of the institute's newsletter reports that contract R&D work totalled over $6 million, making up one-third
      61 words
    • 50 22 Reuter TOKYO A newly developed remote-controlled robot pulls a dummy with its five-met re-long arms onto the slide at Tokyo Fire Science Laboratory's technology show yesteday. The robot will be on practical use later this year to relieve people from fire, blast and other disasters. Reuter
      Reuter  -  50 words
    • 89 22 AP BEIJING China's trade in technologically advanced products grew nearly 20 per cent last year, led by a boom in exports, the official China Daily reported. The newspaper quoted the State Science and Technology Commission as saying China exported USS3 99 billion worth of high-tech products last
      AP  -  89 words
    • 89 22 Reuter BEIJING China claimed another scientific breakthrough on Tuesday when it reported that a researcher had artificially bred the world's first eggless duck. Li Zandong. an associate professor at Beijing Agricultural University, bred a duckling outside of an eggshell "for the first time in the world." the
      Reuter  -  89 words
    • 93 22 Reuter LONDON A British inventor has astounded the military and scientific world by producing a type of plastic so tough it can withstand the heat of nuclear explosions, the International Defence Review reported. Businessman Maurice Ward, a former hairdresser with no university training, started experimenting with plastics 20
      Reuter  -  93 words
  • Page 22 Advertisements
    • 993 22 B U S I N E S S TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 IN THE MATTER OE THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF MIURASOUGYOU CONTRACTOR PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the company held on Bth April
      993 words
    • 371 22 In the Matter of the Companies Act, Cap.3o PAYA LEBAR BUS SERVICE (PRWATE) LNVTED (Incorporated In Singapore) SPECIAL RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed company, dulv convened and held at 29 Brighton Crescent, Singapore 1955 on 12th April 1993 the following Special Resolution was
      371 words

  • THE LAW PAGE
    • 1477 23  -  Walter Woon looks at the details behind the new Retirement Age Act which is set to redefine the employer-employee relationship Walter Woon The writer is vice-dean of the Faculty of Law at the National University of Singapore ON MONDAY, Parliament made a quiet
      1,477 words
    • 555 23  -  The legal profession's poor image in the U§ is making educators retnink the curriculum, reports Ruth Filler Ruth Piller NYT IN A DAY where lawyer bashing has become fashionable dinner conversation and attorneys are often skewered as the main course legal educators in the US
      NYT  -  555 words
    • 726 23  -  David Margolick recommends a book that gives an insight into real and fictional events in court David Margolick NYT Spare me quotations, which though learn'd. are long. On points remote at best, and rarely strong. THEY are the words of Judge Joseph Story, taken
      NYT  -  726 words
  • Page 23 Advertisements
    • 219 23 put up with more than her fair share of hell and high water just to make you look good. >mo buffer time for you to show her your appreciation than on Secretaries Week. And no better place to show it than at Plaza Hotel. ril 19-23, we're rolling out the
      219 words

  • 532 24 EDITORIAL At LONG last, after months of acrimony over Hongkong's future, China and Britain have finally decided to return to the negotiating table. The Hang Seng index greeted this with a rise of 132 points on Tuesday and another 371 points yesterday. It
    532 words
  • WHAT THE OTHERS SAY
    • 236 24 THE CASE for raising Singaporeans' retirement age from 55 to 60 for a start, then progressively to 67 in 10 years commends itself for the logic. But caution: good laws and good intentions can get debased in spotty implementation. Enough grey areas were exposed
      236 words
    • 151 24 THE ASSASSINATION of black leader Chris Hani by white extremist Janusz Walus has fuelled widespread discontent in South Africa. It adds to the growing suspicion of the majority blacks towards the sincerity of the white government of President F W de KJerk for political reforms.
      151 words
    • 187 24 THE Retirement Age Bill has been approved by Parliament but the unions do not seem to be very excited about it. This is perhaps because the government has simultaneously announced a 5 percentage point cut in employers' contribution to the CPF accounts of workers
      187 words
    • 117 24 THE MAIN REASON why privatisation deals of recent years have raised eyebrows and questions is that two fundamental principles have not been factored into the privatisation process: adequate clear-cut policy guidelines on the objective and scope of private sector participation and transparent rules and competitive tendering and evaluation
      117 words
    • 180 24 SEVERAL management gurus, strategists, futurologists, call them what you will, wilj be in Kuala Lumpur this month. From Britain there is the grand-daddy of them all Prof Charles Handy. From the US there is Tom Peters, who is still in pursuit of excellence. Which
      180 words
    • 178 24 IT IS IRONIC but not surprising that Chris Hani, the South African Communist Party leader and ANC heir apparent, should have been murdered by a white extremist just as he had begun to sound like a moderate. He had gradually turned his back on armed struggle, although
      178 words
  • 816 24  -  Teachers in the UK are up in arms over a government proposal to rank British schools on the basis of results in a series of new tests. Neville Stack reports Neville Stack The writer is a L'k-based journalist who contributed this comment to BT BRITAIN'S teachers
    816 words
  • Page 24 Advertisements
    • 29 24 IJS9K9ISE 1 I I I A I fek 1 I T< 4lk 1 Available at newsstands from your newsvendor Times the Bookshops For subscription enquiries, call 1800-256-5559 (toll free)
      29 words
  • Page 24 Miscellaneous
    • 35 24 I it-s QU'eJei? .Tweße's L6.ss trapfic... 1 p>*o cx^ln/ i V Nig, i\ \r passes trough l£*ps/ I FvPtw Mitoures c«?^Tu^§ftTin»?t?s^) I P»n>d P*ov>X> J Vrvx)«Le. J DOONESBURY <*""* TRUDEAU ImeKU* asaST mMmSem 'm'pam "eGeJIs ff^^rai
      35 words

  • ANALYSIS
    • 969 25  -  Robert Thomson says new data show that, instead of providing a quick fix, Tokyo's economic package will be part of a long-haul recovery Robert Thomson FT WHEN THE Japanese government unveiled its economic package on Tuesday to a
      FT  -  969 words
    • 1536 25  -  Reporting from Seoul, James Sterngold finds growing anger with Japan for the way it is inexorably dominating trade in East Asia James Sterngold AFTER decades of focus- ing its exporting sights B on the United States H and, to a lesser extent, Europe, Japan
      1,536 words
    • 1042 25  -  Tony Walker explains why the major international companies are lining up for the opening of new onshore oil exploration areas in China despite past disappointments Tony Walker FT WHEN registrations closed H in Beijing on March 31 i for what may
      FT  -  1,042 words
  • Page 25 Advertisements

  • 465 26 AFP Reuter ISMAILIA. Fgvpt Israeli Premier Yitzhak Rabin said yesterday that his country would accept a land-for-peace deal with the Palestinians, as President Hosni Mubarak voiced "high hopes" the Middle hast peace talks will resume next week. Mr Rabin said after four hours of
    AFP; Reuter  -  465 words
  • 449 26 Reuter AFP JOHANNESBURG South African cities plunged into chaos yesterday and police shot dead at least three blacks after riots erupted when millions flocked to nationwide rallies to mourn slain leader Chris Hani. Cape Town became a battlefield when thousands
    Reuter; AFP  -  449 words
  • 340 26 AFP HONGKONG The United i States and the Soviet Union fought a deadly but seeret air war during the 1950-53 Korean War in which more than 1.000 American and 200 Russian pilots died, a Hongkong-based news maga/inc said earlier
    AFP  -  340 words
  • 301 26 AFP MOSCOW President Boris Yeltsin said yesterday that he would ask Vice-President Alexander Rutskoi to resign because of policy difTcrenccs. and unveiled the Constitution he would like Russia to adopt after the coming referendum. "It is impossible to have a vice-president
    AFP  -  301 words
  • 180 26 Reuter MOSCOW The first day of the trial of 12 former Soviet officials charged with staging a coup in 1991 was abruptly suspended yesterday when one of the defendants was taken ill. Alexander Tizvakov, 67, left the Moscow courtroom half an hour
    Reuter  -  180 words
  • 815 26  -  The Bottom Line JACKIE SAM JACKIE SAM The writer is a Hongkong-based political consultant who contributed this commentary to BT HONGKONG Governor Chris Patten went on television to say it was "a victory for common sense". The Chief Secretary. Sir
    815 words
  • 246 26 AP WASHINGTON United States businesses built up their inventories by 0.4 per cent in February, in line with a moderate increase in sales for the month of 0.6 per cent. The Commerce Department said yesterday that stocks of
    AP  -  246 words
  • 150 26  -  From Neville Stack in LONDON MARGARET THATC HER has startled European politicians by launching a passionate attack on their policy towards Bosnia. It amounted to being accomplices to massacre, she declared. In what is being dcscribcd as a "tirade" on television, she
    150 words
  • Page 26 Advertisements
    • 69 26 ADV337].3]>]<3 Tomorrow in Business Times ,tt HUBLOT HUBLOT a Sensational Feeling on Your Wrist. v. Iv > IHI I Mi»« IV-V -II i\ > Prku- Ci-I .s Smv v« > -<t S i N»» <•». R H HUM c .1 Rt < Fit V-.' S > pßill ||>|Ill,| II M
      69 words
    • 239 26 F^>aarketin^ Tomorrow in Business Times i Take thot >l First Step L j World Wide... rW ond soor obove J your competitors. These days 'o vov succe*fui txjvnevs one has to /y hcrve The rtghr sruff ro motrnom Thar edge fy fr The nghr 9\A* having to caprrvare The righr
      239 words

  • SHIPPING TIMES
    • 481 27  -  By Ji Juliette Walker SINGAPORE The United States' sixth largest container gateway, the Port of Tacoma, has appointed a local representative here to lure Southcast Asian lines to call at its deepwater port. The Pacific north-west port recently appointed a Singaporean Keith Hillicr as
      481 words
    • 167 27 AFP GIJON, Spain Rescue officials said on Tuesday there was virtually no hope of finding alive the 21 people missing from an Indian freighter which sank off Spain on Monday, killing 11 people. Two helicopters, an air-sea rescue plane and several boats
      AFP  -  167 words
    • 321 27 AFP CANBERRA A major oil spill in Australia's Great Barrier Reef is inevitable unless action is taken to minimise the risks, a conference was told here yesterday. The two-day conference was arranged by the Great Barrier Reef Marine Park Authority to discuss
      AFP  -  321 words
    • 871 27 Page Col ABC Containcrline 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •Arrow Trans 19 2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bangladesh Shpg 18 3 •Bank Line. The
      871 words
    • 334 27 Bernama KEMAMAN, Trengganu The Kemaman Supply Base (KSB) in the Teluk Kalong industrial zone can become an exploration centre for the offshore petroleum industry in Indochina with the upgrading ot facilities at the port. KSB chairman Datuk Haji Hamzah Mohamad said on Tuesday. He
      Bernama  -  334 words
    • 163 27 MBT kL ALA LLMPL'R Kelang Container Terminal (KCT) Bhd will complete its \154.4 million (552.7 million) rehabilitation project for berths number 8 to 10 in North Port within the next two months. Repairs to the wharf structures, which began in October
      MBT  -  163 words
    • 410 27 Lloyd's List LONDON Another three post-panamax containerships have been ordered in Japan for the Europe/Far East trade. The extremely powerful design opted for by NYK Line is compatible in capacity with the 4,800-TEU type earlier booked by Mitsui OSK Lines (MOL),
      Lloyd's List  -  410 words
    • SHIPS IN PORT
      • 1648 28 Vessel Voy Wo Berth Arrival Deparhie Vessel Voy Wo Berth Vmi Departae JurOflK Port Caltex 15/04* P01A 1504/1100 1504/1900 Atom Tmteram 3 J4/5 atongsrte 1504 0600 Elona SC264C 15/04' P01A 15 04/1100 15 04/1900 datyunshan 93. 94 J8/9 alongside 1504 1400 Equator Joy 51/3E P02 J5M/0730 1604,0600
        1,648 words
    • 668 29  - Dollars sense of repair Nigel Kitchen reports on factors that affect pricing in the shiprepair industry Nigel Kitchen Seatrade Review LABOUR is by far the main cost factor in the shiprepair industry. While capital costs vary it is, almost without exception, low wage areas that are able to offer the
      Seatrade Review  -  668 words
    • 11322 36 This is a list of ships loading at A Singapore for ports around the A world. It tabulates, by destination. v the name of the ship, the shipping line involved and the estimated Z dates of arrival and departure from the Port of Singapore. LE6END PN: ship
      11,322 words
    • 3398 41 A XjLU( C ontainerline NA: Belsin Shpg Agencies Pte Lid (SVMarine Handling Sdn Bhd (PkPN). Accord (.roup Wcord Shpg Pte Lid (SV Accord C onlr Line IFK/PN). \dkti> Businns orporalion Philippine Calsource Shpg 1 rdg Pte Lid (S) Ahrenkiel Liner Service Kim Shpg Trdg (S). Albatros Sea-Air Service:
      3,398 words
    • 272 41 Abacw Courier* Tel 545-8011. Fax: 545-1898 Air t\pms Ira*el Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. Airvrift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. CitvLink International Tel: 344-3377. Fax: 345-6450. Cluster link Supplies Services Tel:
      272 words
    • 1523 41 Abe* Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822; Fax: *****20. Aeroliak Freight International Td: 545-8033 Fax: *****05. Aerospred Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666 Fax: *****74. *****50. Air
      1,523 words
    • 2446 42 ALBANIA Durrts: Four vessels in port of which 1 discharging general cargo, 1 discharging sugar, 1 discharging wheal, 1 loading chrome ore. ANGOLA I Uanda, Lobito: Ports operating quietly, with little Ro/Ro, container and general cargo movements, although several tessels due in the next few weeks. No berthing
      2,446 words
    • 1318 42 SHIP SALES TANKER RATES i ALTHOUGH the dry market continues to dominate the scene, the Spanish products panamax tanker Castillo De Ricotc 67.000 dwt and built 1981 has now been reported sold at about IUSSI3 million. The buyers are so far Undisclosed, although rumours point toward the oil traders bulk
      1,318 words
    • 557 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type FID 1 lo TODAY TODAY KAL KE697 B747F 0150 I SEL KAL KE697 B747F 0440 I BKK S1A SQ827 B747F 1730 2 CPH/DXB SI A SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 I LUX/DXB
      557 words
    • 297 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Nunc of V essel ETA ETD Ports of Calls Fort Agent Telephone No APfttL 15 15 Frontier Spirit 0700 1700 Asean Cruise N.Y.K. Agencies (S) 290-8718 16 16 Fantasy World 1000 1900 Sin-Port Klang Lauw Sons Travel 227-8284 18 18 Regent Spirit 1100
      297 words
    • 973 43 TRADING on the freight market was slow to resume following the Easter hohda> and details of concluded business slow to emerge, brokers said. The Baltic freight Index for spot dry cargo shipping rates fell to 1.475 on April 13 from 1,477 on Apr 8. In the grain trades.
      973 words
    • 525 43 COURSES Title: Strategic Information System. Duration: April 15-16 Organiser CAI Consultants/Heriot —Watt Universitv. Tel: 339-2733 or fax: 339-1733. Title: Shipping and Transport Executive Programme Duration: April 15-17 Organiser CAI Consultants/Her-iot-Watt University. Tel: 339-2733 or fax: 339-1733. Title: An 8-evening Course on Import/Export and Shipping Procedures (SDF 50%) Duration:
      525 words
    • 854 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead ot single prices tor a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      854 words
    • AIR AND LAND TRANSPORT NEWS
      • 492 46 Commercial Aviation News NEW DELHI With a 50 per cent increase in its budget over last year, the civil aviation ministry of India intends to increase its spending through 1994 on airport infrastructure, air traffic control and air travel security. Indian civil
        Commercial Aviation News  -  492 words
      • 668 46 Bloomberg Business News DETROIT General Motors Corp president and chief executive officer John Smith Jr was paid U*****,000 (SSI.2 million) in salary last year and granted stock options for 80,000 shares, GM said in its annual proxy statement on Tuesday. The options allow Mr
        Bloomberg Business News  -  668 words
      • 449 46 South China Morning Post HONGKONG Engineers employed by the Hongkong Aircraft Engineering Co (Haeco) joint venture in Xiamen will be paid a fraction of what their counterparts in Hongkong are earning. The average salary for an aircraft maintenance engineer at Haeco with five
        South China Morning Post  -  449 words
      • 436 46 NYT DETROIT In an extraordinary collaboration by Detroit's carmakers. General Motors. Ford and Chrysler are discussing jointly building an electric car to meet the requirements of the clean-air law first enacted in California and recently adopted by several Northeastern states. Officials of
        NYT  -  436 words
      • 408 46 Technology covers plastic composite materials that may replace steel NYT DETROIT The Big Three car makers said on Tuesday that their research consortium had been awarded its first patent. The patent covers technology that one day may permit car makers to substitute parts made
        NYT  -  408 words
      • LOG BOOK
        • 62 46 Knight-Ridder NEW DELHI India's 11 leading ports arc cxpcctcd to handle about 170 million tonnes of cargo traflic in the current 1993-94 fiscal year, up from the 167 million tonnes handled in the last fiscal year. India aims to raise the annual capacity of
          Knight-Ridder  -  62 words
        • 66 46 Bloomberg Business News MEMPHIS, Tennessee federal Express said average daily package volume in March rose 12 per cent compared to the year earlier. The air freight carrier reported total packagc volume of 40.7 million for 23 working days in March of 1993. compared with
          Bloomberg Business News  -  66 words
        • 39 46 Reuter AVIANO, Italv A US pilot in his F-l 5 fighter aircraft salutes after landing at the Nato Airbase here on Tuesday after his mission to enforce the UN no-fly zone over the former Yugoslavia republic. Rcutcr
          Reuter  -  39 words
        • 62 46 AFP TOKYO Japan Air System pilots went on strike yesterday to demand a pay increase, forcing the cancellation of 262 domestic flights, a company spokesman said. The pilots' 24-hour strike will afTcct about 20,000 passengers on the flights, about 75 per cent of the
          AFP  -  62 words
        • 30 46 LOS ANGELES The salary of Lockheed chairman and CEO Daniel Tcllcp in 1992 rose to U*****,000 (SSI.2 million) from U*****,000 in 1991, the company reported. AFP
          30 words
      • 1222 46 Crtj "H* et* r%w n?L lygllMt Qf81 1940 QF82 2055 S0228 2120 1_ Amsterdam SQ319 0715 2310 KL837 1445 SQ324 2345 GA975 1455 Atkm* ***** 1735 Auckland BA11 1505 SQ288 2015 Bahrain Gf 148 0905 1. I Seri h|M ***** 1105 SQ182 0915 SQ181 1410 BJ422
        1,222 words
  • Page 27 Advertisements
    • 1 27 Lubricant
      1 words
    • 25 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      25 words
    • 88 27 the FAMOUS /°°4 Vik/'JMfJk ■BEHDm 224 1833 For more information please refer to Pg. 13 Dollars and sense of repair, Page 3 Indian aviation gets more money, Back Page I —-j I The Executive Housekeeper this hotel I O vW, I wanfcs is me. Bub I'll never neglect I L
      88 words

  • Page 28 Advertisements
    • 446 28 -r EXPORTS TO HONGKONG, TAIWAN, MANILA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE fanßouw) mi m ww »i |ai|inwt mo >g tto «mo m»~ 101 m 11 wM 11 .Vn jse "12.04 •*14.04 13.04 1104 20.04 22.04 27.04 27.04 2104 2004 AO Utt »0« 21.04 2104 23.04 I' ia LOTUS
      446 words
    • 907 28 1..-"'*" g"™^:!™ 1 .^fT*?™* > 3 I Sfa.«. H»--n!ftH» f; Hjf »> ;«> SI li! SI St 3S »t pii I Si I M Z si sSses f» i; j;| |i |j i i n? i i "ff i iff —i I 1 ™™S* mKM lr>n»)M» tfMS lU 1A 1»
      907 words

  • Page 29 Advertisements
    • 628 29 OOCL (8) PTE LTD JAROINE SHIPPING AGENCIES TEL *****11 FAX: *****09 BOOKINGS TEL: *****34 *****58/ *****40 Mllf/ SSSSts, PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 Dedicated to Quality Service ESEDSS JOHOR BAHRU TEL: 07-*****0 FAX: 07-*****9 f STRAITS cxmss I I r-T7 U Ml foXS I IBM I 'CHI
      628 words
    • 372 29 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 imuAscl mUHfTCD ARAB SHIPPIHB CO. (SAG) jU To US Ea»t Coat! mwn M W C Ml —OK— Hi— nT™ n!r m Jl/J v« M IMWk MM* lft IV* IV* >V* mm Jigtam MIM 22 5 21 1/' /7 5»n5»!S imfinii n J\
      372 words
    • 993 29 ■uubLfcfcuim* NEXT SAILING TO HONG KONG/TAIWAN/JAPAN/KOREA/PHILIPPINES/CHINA SL VOYAGER V.194E ETA SIN 19TH APRIL 1993 MARIT MS. V. 9304 ETA SIN 20TH APRIL 1993 y MM l Voy ETA ETO Feeder by Se& Unfc/Aries DESTINAT ONS j| TIM «MMk MARIT MAERSK V 9304 s 2^g<^ 4 o^ 9 XX LPK PEN
      993 words

  • Page 30 Advertisements
    • 1535 30 AQABA R DAM/I [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA HOECHST EXPRESS 08/314 17/4 26/4 2/5 5/5 8/5 10/5 12/5 Poet Kelang. Penang TOKIO EXPRESS 10/115 22/4 8/5 11/5 9/5 PaS Gudan 9 DANUBE 07/315 24/4 3/5
      1,535 words
    • 639 30 EZECBBBr I FCL Breakbulk Service to: I I AFGHANISTAN M&M Afghanistan Ltd., I Sole Foreign Forwarder in Kabul for all services p I C.I.S.- Vootochny, Vladivostok, Moscow, Tashkent, I I Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata I I North Korea t Vietnam Mongolia Hungary II ocwrans If II AGENCIES
      639 words
    • 1391 30 Hmagifl usb regular independent full container service lORASIA SHARIAH 9306 3 16/04 07/05 OS/05 09/05 11/05 12/05 13/05 14/05 15/05 16/05 KKASIA MUBARAK 9314-3 23/04 14/05 15/05 16/05 17/05 19/05 20/05 21/05 22/05 23/05 lORASIA AL MANSOORAH 9315-329/04 20/05 21/05 22/05 23/05 25/05 24/05 26/05 27/05 28/05 lORASIA PMNCESS 9316-3
      1,391 words

  • Page 31 Advertisements
    • 1945 31 ■rt 1 r JWTHf STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line ffiyCP (A service of china navigation co> I CARGO out s*as P RAJAH BROOK I Vlo£ Muira. lab I" FCL. LCI CONTAME* ANO BHf AK»OtK
      1,945 words
    • 1972 31 Ws, SINGAPORE AGENT: 1 fIOYA p &0 Containers (Singapore Agencies) Pte Ltd I 4VI W m il ITI I 4% lllCl S 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W^i CR Number **********0Z EXPORT IMPORT UJM vessel
      1,972 words

  • Page 32 Advertisements
    • 750 32 r age u PHHH r ►to europe m: N EXPRESS SEMT-CQNTAJraKSHS* SCTVtO w wt upm mm hws brppi mitkctp MATARAM 34K8 30/4-4) 5 I 29/5 3/6 9/6 14/6 EAST COAST PORTS J «l vot PKL STOW SYD MELB BRIS FEE ACtl mo GOW* OAS 21/4 20/4 5/5 8/5 2/5 14/5
      750 words
    • 1823 32 <g) HANJIN SHIPPING SScT* K'-a..* %S» S» s«« Tj as s: asst's i' hinhn BOJURDUM 022t 13 •> DKCI 3/C 5/6 HNM ROTTEIWAJH 022E 13 1 M EWCfE 0071 17/6 W/6 20/6 minhm SS 017E 20 I OitfCT 10/6 12/6 HANMN FELIXSTOWE 0171 20 5 H KEEIUNG 0421 24/6 25/6
      1,823 words
    • 1591 32 Jd J IPU SCP KM WIG Kit PUS WI OS* NGT OH TW UU OB Ml «TC UW MM RON H» PSD CM P*L SGP I I GROWTH 040 11,4 ft PI 10/4 21/4 23/4 2C/4 27/4 20/4 M/ 4 1/5 J/S 14/5 20/5 21 S 2S/S I 0/0 10/0
      1,591 words

  • Page 33 Advertisements
    • 1570 33 'NEPTUNE ALEXANDRITE' 04W ETA SGP 17/04/93 II II II ETA RDM 03/05/93, FLX 04/05/93, II II II BRE 06/05/93, LEH 08/05/93 HI I nTO PNW-'W* UU MB POINTS TOeAIifOBWU-IWIW WUWOPOWTT U „Z,,V»t v.)v| S..H M0..1.-K VSI. VOY U I VESSEL VOV U* U* VAN •»l M™ AIL I N «\|uL|i
      1,570 words
    • 1153 33 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DISCHARGING WESTBOUND-LOADWC TRANSHFPED Vl*
      1,153 words

  • Page 34 Advertisements
    • 1399 34 K" -V f f AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD < CR No *****7 ***** M W W T TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I mm MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD I I 1 M 1 V TEL- SA *****00 PK *****75 PEN *****0 JB *****1
      1,399 words
    • 1083 34 v—►Vsl PHI LI-Ott If NT LINfS PT€ LTD VlOB Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 APR SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 18 APR AUCKLAND. WELLINGTON, LYTTLETON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH 28 APR SUVA. NOUMEA. PAPEETA. APIA. LAUTOKIA.
      1,083 words

  • Page 35 Advertisements
    • 862 35 PACIFIC INTERNATIONAL LINES (PTE) LTD j I SSSSSSSS 140 Cecil Street, #03-00 PIL Building, Singapore 0106. J \SSSSSSSSmK CR NO t OOBO6/OOOOt I I VESSEL VOY SIN HKG SIN CMB JIB HOD JED AQJ I I KOTA WUAYA WJAO23 26/4 30/4 5/5 10/5 12/5 15/5 I I KOTA SINGA SGAO2S
      862 words
    • 1427 35 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDiNAVIA WEEKLY p P GUDANG PENANG P KELANG OCEAN VSL/VOY SIN SOU(I> RTM (2) HAM (3) GOT (4) g 16/4 1674 17/4 ALSIA 3142 22/4 8/5 10/5 11/5 13/5 £23 4 23~4 24/4 BEN AVON 3152 27/4 14/5 17/5 19/5 Q 30 4 30~4 W5
      1,427 words
    • 303 35 °BSA° TRAN SPORTATION vfUpk MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Klj Pen PGdf PAGAN VI96W 19/21 Apr HPA AN VIB9W Apr MAIATSM AGENTS BOUSTEAD SHIPPING AGENCIS Ml: TEL 03-*****00 PHI TEI 03 361*767 PEN: TEI 04-*****5 PGD TEL 07 *****1/4 NIGERIAN NATIONAL SHIPPING
      303 words


  • Page 37 Advertisements
    • 53 37 1/C VISA FREIGHT SERVICES PTE LTD Q JHmaJ Established Since 1984 OCEAWIA PORTS REGULAR lcl consolidation AUCKLAND SYDNEY import export FREMANTLE SERVICES yy FOR BOOKING St SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800-*****66 TOLL-FREE TEL: 1800-*****34 FAX:
      53 words

  • Page 38 Advertisements
    • 2053 38 Container Liner Services t»'« ev cj alj c fifc j pr Global Putra Indonesia Maritime Central Agent* Booking Agents: Ouan Cuan Shipping Sdn Bhd Chung Chiao Shipping Sdn Bhd Ccwm 4fHU. Luanda 111 14 Costar Shipping Pte Ltd asssj.*- gM/ssr™ sissa?""" 1 Singapore 0207 b-ngapore 2 M Lorong Cempeomg. off
      2,053 words

  • Page 39 Advertisements
    • 654 39 FAMOUS CONTAINER LINES I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 I HOT LINE: *****33 (24 LINES) I GOTHENBURG/SCAN 19/04 ROTTERDAM 19/04 I AARHUS/COPENHAGEN 19/04 HAMBURG/BREMEN 19/04 I MARSEILLE/FRANCE 19/04 FELIXSTOWE/UK 19/ M I BARCELONA/SPAIN 19/04 LEHAVRE/FRANCE 19/04 I GENOA/ITALY 19/04 ANTWERP/BELGIUM 19/04 I LOS ANGELES/WC/IPI 17/04 SYDNEY/MELBOURNE 16/04
      654 words
    • 747 39 m RICHFIELD MARINE AGENCIES (S) PTE LTD V TEL: *****33 (12 Line*) ■L FAX: *****15/*****03 B3 TELEX: RS ***** RISHIP (3 Lines) \J&\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA LOADING FOR SPORE ANOINET 30WB 24/04 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABVOT 32W8
      747 words
    • 739 39 mm VOY SM Ml VEWQ W SKMB MMKOK RAIA BHUM 7JS 16/4 20/4 I ABU BHUM 71W Fn 16/4 Man 15/4 fl I Tllfinn Win 26S 17/4 JIT* NANTA BHUM 137N S»t 17/4 Wed 21/4 I zrr. wagon sentosa 3in Sal 17/4 x* 20/4 I I CHAIYA BHUM Uii HT*
      739 words
    • 324 39 [mm TKCR-une BAY OF BENGAL SERVICES ncn star MX sjm 21-22/** 20-21/04 -.I CAPE BOHAVtSI* 252* 11-20/04 25-27/04 0344/05 TIGU ARROW (3N 21-22/04 20-21/04 0540/05 *.1 TO BRCGE 253 M 20-27/04 0344/05 1411/05 nca mu ltscw 10-17/04 23-20/04 0344/05 1 LHOISt 431 14-21/04 20-21/04 #047/05 I EAOi BREEZE 114 17-11/04
      324 words

  • Page 40 Advertisements
    • 1230 40 container lines MAC-NELS SPORE: *****22 (24 LINES) SIBU: (084) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 COMPETITIVE RATE TO HONG KONG 3 SAILINGS WEEKLY DEPARTURE EVERY:(TUES/THURS/SAT) FOR ROOKING, PLS CALL *****22 XIU-HUA. JAMES. WEE GIN, JO I GLOBEUNK FORWARDERS PTE LTD IMftl TEL:*****33 <18 LINES) FAX: 22S2SX/*****42
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    • 249 40 BLUE STAR LINEI SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKI LYT SIN AUST STAR 86S 19/4 1/5 3/5 19/5 FGUARD BAY 2S 29/4 13/5 15/5 1/6 PROSPECT 24S 12/5 25/5 27/5 12/6 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON. ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER.
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    • 967 40 THONG SOON UNES PTE. LTD. Mi 77 ROBINSON ROW) #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 WBB* TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING LINE; *****55 SINGAPORE TO SARAWAK KSSEL |VOY [S'PORE [BEST VESSEL VOY S'POtE DCST EQUATOR 111 85/3E 15
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  • Page 43 Advertisements
    • 39 43 NEED A SERVICE? FIND rriNIHE SIMS IMS CLOTED Let your fingers walk to the service professionals listed in our service directory of The Straits Times C.A.T.S. Classified. 1 737-1166 To advertise your Appointments or Notices, call toll-free 1800-737 0043
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  • Page 43 Miscellaneous
    • 878 43 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 16 1.7 2.0 2.2 23 2.4 2.3 2.1 1.9 1.6 1.4 1.2 10 09 1.0 1.1 1.3 1.5 1.6
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  • Page 44 Advertisements
    • 572 44 Page 18 Kwood line SOUTHERN AFRICA SERVICE Spoßl Pi DBN CT •A VESSfI ***** 30/4 H/5 2S/5 6/6 •AISO CALLS E.L. AND P.E. P* SEAFIX SHIPPING SON BHD TEL 367 "25 TLX. ***** U.K.: CAPRICORN FREIGHT SERVICES JTEL_2I3JO2_rLX^I266 SECIL MARITIMA, U.E.E. Luanda, Angola. FAR EAST/ ANGOLA SERVICE SPORE LOADING FOR:
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    • 254 44 J EES FREIGHT SERVICES PTE LTD! #01-60 Wallich Building, Singapore 0207 A Hill 3in Tel: *****66 (10 Lines) Fax: *****69/*****44 U AIRPORT OFFICE: *****11 *****13 (FAX) I IMPORTING FROM USA I WE PROVIDE WEEKLY SAILINGS WITH I FAST TRANSIT TIMES AND LOW INLAND RATES I ENQUIRIES: I I CONTA,NER LINE
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    • 456 44 CROSSWATER HEM) OffW Ml SOWGOOH *o*o #9i-M SERAAGOOA BULWG $(0121) RMtEHOUSf (CTS) BU 37 It PAGAR FREIGHT SIATUN TEI *****05 I 19/4 ■nQ2I33EI3^HI^^H|JZZ±. MPT KELANG/PENANG I 19/4 «^ji]yr£jj|j2ijy2ijgM_^74_ I TOKYO/YOKOHAMA 19/4 KQ2nx&333!^H^^H|jlZll BUSAN I 19/4 ■Bs3g2EQ^H^^H*2o74_ rusa 1 17/4 I SYP/MELB I 18/4 |Q5g5Q2nmHH^H(^Z5I NEW ZEALAND I 21/4 I SUVA/LAUTOKA
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    • 365 44 WORLDGATE EXPRESS UNES PTE LTD Tel: *****11 Fax: *****73 Telex: ***** WGATE NEXT VESSEL CONSOLIDATION TO BOM/KAR/MAD 19/4 KEELUNG 21/4 COLOMBO 18/4 HONG KONG —19/4 PORT LOUIS 17/4 KAOHSIUNG 17/4 NAGOYA 18/4 PENANG 19/4 CHITTAGONG 18/4 PORT KELANG 19/4 BANGKOK 21/4 JAKARTA 18/4 PCDKATEO WVOCC COMEOUOATION BgWVtCt TO MIOOIC EABT
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  • Page 45 Advertisements
    • 784 45 I MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE VESSELS VOY PM PKE PCD VESSELS VOY_ SIN HTM MIT* LEH* HAM Httt £El_ HMM ADVANCE 12A 06/04 07/04 08/04 H COMMANDER 303* 11/04 30/04 30/04 01/05 02/05 02/05 04/05 «»iHMM ADVANCE 13A 13/04 14/04 15/04 SI FREEDOM 304* H/04 005 07/05
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    • 566 45 STRAITS/ JAPAN/ STRAITS SERVICE I P SPECIALIST IN RO-RO HEAVY LIFTS I I INBOUND VESSELS I VESSEL n uc u I RdSMOR IS SID SIO 1* I ASIAN ami 151 ITIM 4- I CONSENSUS SRI S M/» I ROMA UWASK I lAAI M.LAM II 24/4 I DOM Ml 1 I
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    • 1041 45 OUR USA —p; —lfu Ip ,y D l I 0" I 1" F £I" 1"" TC SERVICE CALLS ■JIM. TI/aT TTiT MW.O. wscwmt 7HST ?iniw SINGAPORE DWU Hi KI7HI ?4 04 AilKAlOl tf)t *****0 21-29 10 10 »***************521 15 20 05 21 05 DIRECT EVERY MWU BHUM VtttN 0105 ILmiOi
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  • Page 46 Advertisements
    • 4 46 Tomorrow in Business Times
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    • 54 46 ITr Tomorrow in Business Times Fly Finnair s new MD-11 the world's most technologically advanced aircraft Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. s^//VA//7//?We know the world
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