The Business Times, 4 May 1993

Microfilm: NL18527
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE BusinessTimes WE KNOW ASIA MITA (P) 552/12/92 Tuesday May 4 1993 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Serb hardliners oppose peace plan
      60 1 Reuter PALE, Bosnia Despite mounting international pressure, Bosnia's Serb hardliners have reiterated opposition to the peace plan their leader Radovan Karadzic signed in Athens on Sunday. "I do not believe the plan is conducive to a final settlement of the crisis. It must be revised
      Reuter  -  60 words
    • Article
      Lock icon Haiti regime will not prevail: White House
      56 1 AP WASHINGTON In a first overall statement of policy towards Latin America, President Bill Clinton's administration has warned Haiti's military regime and its supporters that they will not prevail. "We support the efforts of Latin nations to establish firm civilian authority over the
      AP  -  56 words
  • Article, Illustration
    MARKET SUMMARY
    111 1 Stock market indices Monday Change STII 1.790.90 +7.27 KLSE Composite 717.37 -2.24 Nikkei closed Hang Seng 6.790.11 -40.4 SET Index closed Jakarta Composite .313 69 -0.41 CLSA China B 2.504.69 t 35 11 Aust All Ord 1.664.5 -17.0 FrSE 100 closcd Monday Previous I pm close Dow Jones
    111 words
  • Article, Illustration
    S'pore govt to acquire prime land at Holland-Farrer Rds
    632 1  -  By Lee Han Shih and Sylvia Wong SINGAPORE The government is acquiring large tracts of land at the prime Holland Road-Farrer Road junction for road works in what could be the biggest and costliest land acquisition exercise in recent years. Notice
    632 words
  • Article, Illustration
    Major Khmer Rouge attack on Siem Reap
    330 1  -  From Harish Mehta in PHNOM PENH KHMER ROUGE guerillas launched a major attack yesterday on the city of Siem Reap gateway to the historic Angkor Wat temples in a bid to bleed the Cambodian economy and disrupt the election due in three weeks.
    330 words
  • Article
    Lock icon Clinton meets Patten, urges China to improve human rights
    283 1 AP UPI AFP WASHINGTON President Bill Clinton, meeting Hongkong's British Governor Chris Patten yesterday, urged China to accompany its economic reforms with respect for human rights and more democracy. "There have been some encouraging moves in China on a number of
    AP; UPI; AFP  -  283 words
  • Article
    S'porean migration to Australia down 43pc
    252 1  -  From Florence Chong in SYDNEY THE number of Singaporeans migrating to Australia dropped by nearly half in the last six months of 1992 eompared to a year ago. Figures released yesterday by Australia's Bureau of Immigration show that just 269 Singaporeans settled in Australia
    252 words
  • Article
    China's Wuhan city attracts big regional investors
    547 1  -  By Yong Pow Ang SINGAPORE Wuhan city in Ilubci province, once a vibrant treaty port in the 19th century, is fighting to catch up with China's coastal cities. An investment drive is drawing some big names in this region to the city. Among
    547 words
  • Article
    Brierley confident Mt Charlotte will boost its profits in next 2 years
    362 1  -  By Schutz Lee SINGAPORE Brierley Investments Ltd is confident its British hotel chain Mount Charlotte Investments Ltd will boost its bottom line in the next two years. BIL chairman Bob Matthew told the Sunday edition of The Dominion
    362 words
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      Page 1 Advertisements Column 1
      145 1 introducing the WORLD'S SMALLEST LIGHTEST Camera NEW NIKON AF6OO iNikonl THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Nikon Camera Centre Super Photo #03-26 Orchard Point Tel: *****81/*****16 Clinton continuing to pressure Serbs, Back Pg CONTENTS News Companies S'pore News 2 S'pore-M'sa ..9.11.13 Regional News 3.4,5 Financial 15 World News 8 Futures Markets
      145 words
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      10 1 Property Construction London properties set to swing again? p% 24
      10 words
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      10 1 Hock Lock Siew SI A '.v earnings estimates Pg 9
      10 words
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      114 1 The Bottom Line Yeltsin should p/av by th/book/fak Pg THE DAWN OF A NEW ERA IN PRINTERS lid 337cps in Mid-Range Printers Jj BUM Business Systems Brother Industries Limited. Nagoya, Japan Office #02-08 Great Pacific Warehouse, 7 Kaki Bukit Road 2. Singapore 1441. Tel: 743 8000 Fax:747 3000 Telex: RS
      114 words
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      27 1 the WORLD'S SMALLEST JJJHTESTComera NEW NIKON AF6OO w^Sßß^^Sv IW/ltortl THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Nikon Camera Centre Super Photo #03 26 Orcfxjrd Pbinf Tel: *****81 /*****16 ———————L
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Growth of non-oil exports slows
        338 2 GROWTH in the volume of Singapore's non-oil exports to the seeond-tier markets Hongkong, Thailand and Taiwan slowed down slightly in the first quarter of the year. Between January and March, the increase of nonoil domestic exports to the three smaller major markets was 6.7 per
        Source: TDB  -  338 words
    • Article
      Telecom opens representative office in the US
      248 2 SINGAPORE TELECOM, which is gearing up for a public float in September or October, has opened its first overseas representative office in the United States. It is believed that the office, in West Port, Connecticut, will pave the way for a chain of
      248 words
    • Article
      Local firm to market Shanghai commercial property in July
      475 2  -  Move comes on the heels of good response to overseas residential sales By A J Leow A SINGAPORE firm will soon offer choice Shanghai commercial units for sale, having just concluded a successful show here of residential properties in China. ESK
      475 words
    • Article
      S'pore company to help set up Chinese ISO 9000 inspection firm
      273 2 A SINGAPOREAN firm will help set up China's first quality inspection firm which offers ISO 9000 certificates. ISO 9000 certification, which ensures uniform management and product standards, can help boost Chinese exports, particularly to the unified European market. CCIS
      273 words
    • Article
      S'pore economists remain upbeat despite US slowdown
      423 2  -  By Chuang Peck Ming THE SLOWDOWN in the United States' first quarter growth has not dampened the more upbeat outlook for the Singapore economy in the first quarter. Local economists are still looking at a growth of about 7 per cent here even
      423 words
    • Article, Illustration
      Solidly behind his products
      142 2  -  Text and Photo by Arthur Lee INCOME'S general manager Tan Kin Lian is someone who believes in putting his name behind his products or rather on it. Mr Tan's name is embossed on an enlarged NTUC Income privilege card displayed at its headquarters in Bras Basah
      142 words
    • Article
      NTUC Income's expertise sought by regional co-operatives
      189 2 SOME Asian co-operatives are keen to tap NTUC Income's expertise to set up insurance businesses in their own countries. said Income chairman Ng Pock Too during its 23rd annual general meeting last night. "Over the past few years. NTUC Income has played host
      189 words
    • Article
      EDB and SMA team up to promote business fusion among companies
      205 2 THE Economic Development Board (EDB) and the Singapore Manufacturers' Association (SMA) yesterday signed a Letter of Understanding (LOU) to promote business fusion among local companies. Business fusion is a concept that involves companies pooling their complementary resources to achieve
      205 words
    • Article
      East Asian tourists to S'pore overtake those from developed nations
      238 2 MORE PEOPLE in the emerging and newly-industrialising economies of East Asia are flocking to Singapore to spend their new-found wealth. Their numbers have grown so fast that for the first quarter, their growth rates have overtaken those from developed and
      238 words
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      Page 2 Advertisements Column 1
      218 2 Brings eat the true COLOURS in you WgmmgpmM Royal Club, At Amara, i **W xJT <*> vG° Wy a S X 5% \B>^ Because We Believe Business Class Should Not Stop When You Leave Business Class. The moment one smile bids you But that's not all. At Amara you goodbye
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  • THE REGION
    • Article
      China's US$3b investment spells good news for Indonesia
      601 3  -  Deal set to allay doubts about competing for foreign funds From Maggie Ford in JAKARTA CHINA'S decision to invest US$3 billion (SS4.B billion) in an oil refinery and a petrochemical plant in Indonesia is likely, at one stroke, to allay a wide
      601 words
    • Article
      Petronas and Conoco to jointly develop oil refinery in Malacca
      383 3  -  By A J Leow SINGAPORE Malaysian national oil company Petronas and Conoco Inc of the US is expected to sign an agreement to jointly develop a second Pe-tronas-owned oil refinery in Malacca. Petronas president Azizan Zainul Abidin told reporters yesterday
      383 words
    • Article, Illustration
      Lock icon A kiss for the prime minister
      45 3 1 RABEK. Cambodia Village women kissing and hugging Prime Minister Hun Sen at an election campaign rally over the weekend. Mr Hun Sen is one of the most popular leaders contesting the upcoming general elections. Reuter photo Reuter photo
      Reuter photo  -  45 words
    • Article
      Capital increase expected to top agenda
      470 3  -  ADB's 26th annual general meeting Reports from Quak Hiang Whai in MANILA SOME 2,000 finance ministers, government officials, bankers and journalists from more than 50 countries converge here today for the 26th annual general meeting of the Asian Development Bank. High on the agenda
      470 words
    • Article
      Bank to be encouraged to use S'pore's financial services
      323 3 MANILA Singapore supports the work of the Asian Development Bank and will encourage the regional development bank to continue to use the Republic's financial services, says Singapore's Minister of State for Finance and Communications, Teo Chee Hean. Commodore Teo is here
      323 words
    • Article
      Lock icon National Front expels Usno for forming alliance with PBS
      375 3 AFP KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad yesterday announced that a Muslim-based member of his federal coalition has been sacked for forging an alliance with a Christian-led opposition party to rule Sabah. All 11 component parties of the National Front
      AFP  -  375 words
    • ASIA NOTES
      • Article
        Lock icon KL to seek compensation from Tokyo
        91 4 AFP KUALA LUMPUR Tokyo will be asked to compensate for atrocities against Malaysians during World War 11 at a UN human rights conference in Vienna next month, a Malaysian official said yesterday. The pledge came as two more Malaysian women emerged to give their
        AFP  -  91 words
      • Article
        Lock icon Sabah log export ban illegal: official
        71 4 AFP KUALA LUMPUR A ban on log exports by Malaysia's timber-rich Sabah state is illegal. Claiming that the sale of timber was a federal prerogative. Primary Industries Minister Lim Keng Yaik said yesterday that the Sabah state government had no right to impose the
        AFP  -  71 words
      • Article
        Lock icon Taipei increases budget to join UN
        77 4 AFP TAIPEI Taiwan's parliamentary foreign affairs and budget committees yesterday increased the national budget to promote the island's bid to rejoin the United Nations. The UN ousted Taiwan to admit its rival, China, in 1971. "The foreign ministry agreed to our demand that the
        AFP  -  77 words
      • Article, Illustration
        Lock icon Water, water everywhere
        25 4 Reuter DHAKA People and vehicles trudging through knee-deep water yesterday after heavy rain on Sunday flooded part of the Bangladeshi capital. Reuter
        Reuter  -  25 words
      • Article
        Lock icon Japan developing N-arms: N Korea
        72 4 AFP KUALA LUMPUR A visiting North Korean official yesterday charged that Japan could be developing its own nuclear weapons and was using suspicions that Pyongyang already had such a programme to divert the world's attention. Kim Gi Ryong, chairman of North Korea's state information committee,
        AFP  -  72 words
      • Article
        Lock icon Seoul's trade deficit down 80pc
        84 4 Reuter SEOUL South Korea's customs-cleared trade deficit withered by a massive 80 per cent to US$94 million in April from a shortfall of US$47O million a year earlier. Provisional trade ministry figures yesterday showed that the deficit totalled US$229 million in March 1993. South Korea
        Reuter  -  84 words
      • Article
        Lock icon Manila may not heed IMF proposals
        117 4 Reuter MANILA Manila is not inclined to heed proposals made by the International Monetary Fund (IMF) to boost government revenues because of the hard political decisions required by the plan. Finance Secretary Ramon del Rosario said yesterday: "Off hand, we are not inclined to
        Reuter  -  117 words
    • Article
      Lock icon Chinese Vice-PM offers personal support to top US firms investing in China
      309 4 Bloomberg Business News BEIJING China's Vice-Pre-mier Li Lanqing has offered to personally support any of the top "Fortune 500" US companies which invest in China, but warned that they will lose the Chinese market if they delay. The
      Bloomberg Business News  -  309 words
    • Article
      Lock icon China economist calls for steps to ensure productive investments
      391 4 UPI BEIJING A prominent government economist has blamed China's overheating economy and rising inflation on failures in financial policy and partial market reforms, calling for long-range measures to ensure productive investment. Wu Jinglian, a leading economic researcher with the Development Research
      UPI  -  391 words
    • Article
      Lock icon Premier Li Peng's illness enters second week
      200 4 UPI BEIJING Chinese Premier Li Peng was conspicuously absent from a major communist party meeting yesterday, indicating that his illness has entered its second week. Mr Li, 64, abruptly cancelled a four-nation Central Asian tour last week after reportedly coming down with a
      UPI  -  200 words
    • Article
      Beijing seeks to control price rises of building materials
      196 4 BEIJING China's Internal Trade Ministry has called for tougher investment controls to prevent spiralling prices of building materials from sparking inflation. The Economic Daily yesterday said a recent ministry report predicted that prices for building materials such as cement and wire
      196 words
    • Article
      Lock icon China, Taiwan agree S'pore talks mark era of better ties
      456 4 AFP TAIPEI Senior Chinese and Taiwan officials agree that last week's historic talks in Singapore have ushered in an era of improved relations across the Taiwan Strait. "The talks, which proceeded in a rational and peaceful manner... set a precedent
      AFP  -  456 words
    • Article, Illustration
      Lock icon They want an investigation
      57 4 Reuter SEOUL South Korean riot police moving in to arrest a group of students who were trying to march on the presidential Blue House yesterday. They were demanding a new investigation into the 1980 Kuangju student uprising, an anti-government revolt suppressed by security forces, in which
      Reuter  -  57 words
    • Article
      More Seoul military officers face arrest on graft charges
      326 4 SEOUL About 15 more South Korean navy and air force officers are being investigated and some will be arrested soon on charges of bribery for promotions. Defence officials said yesterday that the probe followed last week's arrests of 15 officers, including
      326 words
    • Article
      Lock icon First Ferrari to roar into communist China
      163 4 AP HONGKONG It would cost nearly 900 years of an average Chinese worker's wages, but a businessman in Beijing is about to become the owner of the first Ferrari in Communist China. The keys of the red model 348 TS. a 300-horse power
      AP  -  163 words
    • Article
      Lock icon N Korean troops fire on South's army guard post
      150 4 AFP SEOUL North Korean troops fired two shots at a South Korean army guard post at the weekend on the central section of the Demilitarised Zone (DMZ) separating the two sides, the South Korean Defence Ministry said yesterday. A ministry spokesman
      AFP  -  150 words
    • Article
      Lock icon Assassination of Premadasa expected to hit investment
      467 5 Reuter COLOMBO The assassination of President Ranasinghe Premadasa has dealt a heavy blow to Sri Lanka's drive to attract foreign investment, economic analysts and businessmen say. "All developing countries have liberalised their economies. Why should investors come to Sri Lanka when they can
      Reuter  -  467 words
    • Article, Illustration
      Lock icon You're not welcome
      49 5 Reuter TOKYO A group of Iranians standing at the entrance to Yoyogi Park on May 2, the first Sunday after the metropolitan government constructed barricades to bar illegal foreigners, mainly Iranians, from the park. In the background is a signboard flashing a warning in Persian. Reuter
      Reuter  -  49 words
    • Article
      Lock icon Rains, budget deficit cloud Indian economic outlook
      379 5 Reuter BOMBAY India has won renewed backing from the International Monetary Fund (IMF) for its bold economic reforms, but concern is mounting about the country's ballooning budget deficit which may force Delhi to curb business growth. All eyes are on coming monsoon rains,
      Reuter  -  379 words
    • Article
      Lock icon France seeks Indian aerospace tie-up
      134 5 AFP BANGALORE France has offered advanced equipment and sub-systems for a fighter jet and light helicopter being developed by India's aerospace industry. An aerospace industry spokesman said yesterday the Organisation of the French Aeronautics and Space Industry (Gifas) made the offer last week during a
      AFP  -  134 words
    • Article
      Lock icon Japan will invest more in Mexico under Nafta: Muto
      250 5 Reuter MEXICO CITY Japanese Foreign Minister Kabun Muto says he sees Japanese investments increasing in Mexico if the North American Free Trade Agreement (Nafta) comes into force, but adds that Japanese companies are generally short of funds for foreign investment. "As
      Reuter  -  250 words
    • Article
      Lock icon Australia's budget deficit widens to A$13.7b
      194 5 AFP CANBERRA Australia's budget deficit for the nine months to March was AS 13.744 billion (S$ 15.77 billion) compared with A$ 11.161 billion in the same period a year earlier. Finance Minister Ralph Willis said that revenue in ihe nine months to March was
      AFP  -  194 words
    • Article
      Lock icon Aussie housing starts forecast to rise
      125 5 Bloomberg Business News CANBERRA Economic and building analysts BIS Shrapnel have contradicted government forecasts by predicting Australian housing starts to rise to 172,000 in the year beginning July I. The Australian Bureau of Statistics is scheduled to release building approval data for March today.
      Bloomberg Business News  -  125 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      94 3 SINGAPORE AUSTRALIA CANADA EUROPE HONG KONG NEW ZEALAND U. K. •U.S.A DRAKE BUSINESS CENTRE provides the following facilities and services: fully serviced executive suites in the prestigious business district personally dedicated phone line(s) professional secretarial support facsimile sen/ice conference room courier/postal service/photocopying sen/ice DRAKE Internationaf recruitment services also provide: temporary
      94 words
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      Page 3 Advertisements Column 2
      198 3 ll I y vjiifii. Mm 'ir i|P i 1 Today's SMI* could bo tomor- Simply by improving cash How dated companion In Malaysia, row's MNCs. AN it takes b a little wMi imnwdhiN cash odvancos Thailand, Indonesia and the Improved Cash Flow imagination, forward thinking of up to 90% against
      198 words
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      362 4 REPUBLIC NATIONAL BANK OF NEW YORK A SUBSIDIARY OF REPUBLIC NEW YORK CORPORATION Consolidated Statements of Condition March 31, Liabilities and March 31, Assets —Tiii Stockholder's Equity (Dollars in thousands) Cash and due from banks 409,923 314,984 Noninterest-bearing deposits: Interest-bearing deposits In domestic offices 812,229 687,119 with banks 7,124,687 8,775,523
      362 words
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      269 5 MB DBS Building Tower Two, at 6 Shenton Way, stands m the JBg midst of Singapore's big names Bi^fllß^B^B J^SSj^^^3-!S^BwlfflSr:^^B&^' v: bus ness commercial pWßgljP'g f activit es strate 9' c location 9 advantages are well >-. *pbl 1 i esta >lis^e<:, ipo ntso^e Ltd y^j^jjllg*'H are easily accessible via
      269 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Old lions still holding firmly on to power
      1459 6  -  Aftermath of reshuffle in Laos The chaos expected after the death of President Kaysone Phomvihane last November has failed to materialise By Harish Mehta SINGAPORE The old guard that ruled Laos was a poker-faced group_ with one driving passion: a fierce loyalty
      1,459 words
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      243 6 12-15 MAY 1993. WORLD TRADE CENTRE. SINGAPORE. With a World of Building Dealo at Hand, MAKE IT YOURS! RIJITJDjNG ifs no small world we're talking about BUSMSS here deals wi be bi 9. the opportunities ACROSS endless. Think of it, they could be yoursl YES! I'm interested to take a
      243 words
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      Page 6 Advertisements Column 2
      20 6 PORT SHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. r m Business Times KAVtOII
      20 words
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      Page 7 Advertisements Column 1
      600 7 C\ 7TZ NJ IE UniFund turns rH I I ordinary savings KM into powerful w W A T| r I investments. I I Recent events are proving yet again the enormous I I I potential of the stockmarket. Have you often wondered if you shouldn't be it too? Perhaps you
      600 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon German growth forecasts slashed
        94 8 Reuter BONN Germany's leading economic think tanks yesterday slashed their growth forecasts for 1993 and urged the powerful Bundesbank to move faster to cut its key rates as recession grips Europe's powerhouse. The six institutes in their spring economic report said Gross Domestic Product in the
        Reuter  -  94 words
      • Article
        Lock icon Ex-Italian PM wants immunity lifted
        83 8 AFP ROME Former Italian prime minister Giulio Andreotti, accused by reformed "mafiosi" of links with the mafia, stressed yesterday he was in favour of lifting his own parliamentary immunity. Mr Andreotti, a life senator for the Christian Democrats who has always maintained his innocence, announced
        AFP  -  83 words
      • Article
        Lock icon French growth forecast reversed
        88 8 AFP PARIS French gross domestic product at market prices is set to fall by an annual average of 0.4 per cent this year, experts of the national accounts commission reported yesterday in a sharp reversal of their view about six months ago. Overall gross domestic product
        AFP  -  88 words
      • Article
        Lock icon More virulent strain of HIV found
        79 8 Reuter AMSTERDAM Researchers in the Netherlands have identified a more virulent strain of HIV, the virus that causes Aids, which they believe speeds up the development of full-blown Aids. The presence of the HIV strain known as SI (Syncytium Inducing) makes it six or
        Reuter  -  79 words
      • Article
        Lock icon Israeli warning on Iran going nuclear
        98 8 Reuter JERUSALEM An Israeli MP from the ruling Labour party on Sunday warned that the Jewish state might have to act alone to stop Iran from becoming a nuclear power unless the West acted first, the Israeli news agency Itim said. "Western nations must
        Reuter  -  98 words
      • Article, Illustration
        Lock icon All ganged up
        69 8 Reuter KANSAS CITY Members of notorious American gangs: the Vice Lords, Latin Kings, Bloods and Crips putting out their hands together in solidarity on Sunday at the conclusion of the three-day peace summit here. Participants in the summit, which included about 120 black and hispanic members from
        Reuter  -  69 words
      • Article
        Lock icon Portuguese unemployment seen rising
        74 8 Reuter LISBON Portuguese unemployment officially stands at 4.5 per cent but many economists say this figure is an underestimate and with fiat economic growth, the real number could reach 8 per cent this year. "If the current trend continues, it would not be excessive to forecast
        Reuter  -  74 words
    • Article, Illustration
      Lock icon E German strikes spread to Saxony
      500 8 Workers demand that employers reinstate wage pact Reuter AFP DRESDEN, Germany Eastern Germany's metalworkers' strikes, the first in the region for over 60 years, spread at dawn yesterday to the industrial state of Saxony where workers closed down 20 engineering plants. The potentially crippling
      Reuter; AFP  -  500 words
    • Article
      Lock icon German opposition leader resigns over false testimony
      348 8 AP BONN German opposition leader Bjoem Engholm, Chancellor Helmut Kohl's chief rival. quit all his political posts yesterday after admitting that he gave false testimony during a political scandal six years ago. "Social Democratic chairman Bjoern Engholm told the Presidium that he will
      AP  -  348 words
    • Article
      Lock icon Dole blamed for Clinton's economic plan setback
      343 8 Reuter WASHINGTON US President Bill Clinton's Budget chief Leon Panetta charged that Senate Republican Leader Bob Dole's presidential ambitions were hindering the administration's US$l6 billion (5525.7 billion) economic stimulus programme. "Part of the problem here is that presidential ambitions have entered into the
      Reuter  -  343 words
    • Article
      Lock icon Kuwait to dig ditch along border with Iraq to renounce future ties
      345 8 NYT RIYADH Kuwait plans to dig a 75-km ditch along its entire land border with Iraq, primarily to discourage infiltration by Iraqis but also to symbolically renounce any future relations with the government of President Saddam Hussein. The
      NYT  -  345 words
    • Article
      Lock icon No elections till reforms are enacted, says Italy's president
      306 8 Bloomberg Business News ROME Italian President Oscar Luigi Scalfaro said he won't call new elections until laws reforming Italy's election system are enacted. In his annual May Ist address. Mr Scalfaro said holding elections now would "break the trust with the
      Bloomberg Business News  -  306 words
    • Article
      Lock icon Americans still bonded by strong family ties: new US study
      584 8 NYT NEW YORK An exhaustive new federal study of Americans on the cusp of old age is shattering prevailing myths about the loosening of family ties and is providing the first reliable picture of how people in late middle-age care
      NYT  -  584 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      378 8 y''-'.iift*! l Jilitr^iU/J R1 lffl| IM OH <\v:i&y > a tH W, w fT w m ——> .5 t**,V.- iN &&&s&£& J BREWING I industryl 1 <t i\Vc\<t ,v ii twWSI^INMFIM^rMSI <■ *4 \i t pili-li i i*'V. T ialjlLMflAlgikSfl A v 19 -20 JULY 1993 HOTEL FURAMA KEMPINSKI HONG
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  • COMPANIES & MARKETS
    • Article
      TRI to sell its Sharp-Roxy stake to Tongkah for M$84m
      372 9  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S Technological Resources Industries Bhd (TRI) announced yesterday that it plans to sell its stake in Sharp-Roxy Appliances Corp Sdn Bhd to Tongkah Holdings Bhd. In a statement to the Kuala Lumpur Stock Exchange,
      372 words
    • Article, Illustration
      Lock icon Compact Metal shares 103 times subscribed
      206 9  -  By Teh Hooi Ling SINGAPORE Compact Metal Industries, which launched its initial public offering (IPO) without even inviting analysts to its presentation, set a Sesdaq record yesterday when the 15 million new shares it offered for listing were 103 times sub- scribed. The previous
      Photo by Arthur Lee  -  206 words
    • Article, Illustration
      Lock icon MMC succumbs to depressed prices, quits tin mining
      371 9 Reuter KUALA LUMPUR Malaysia Mining Corp Bhd, the world's largest integrated tin company, has given up the battle against depressed prices and quit the business, dealing a body blow to the country which once ruled the tin industry. "It is the end
      Reuter; Source: Bridge Info  -  371 words
    • Article
      Lock icon MMC's stake in Ashton raised to 47pc
      212 9 Reuter MELBOURNE Malaysia Mining Corp Bhd has lifted its stake in diamond and gold producer Ashton Mining Ltd to 46.95 per cent. Ashton chairman Leslie Froggatt said yesterday. Sir Leslie told the Ashton annual meeting that the Malaysian company, which had a 45.41
      Reuter  -  212 words
    • Article
      CPF Investment Scheme: Your questions answered by a panel from DBS Bank
      116 9 CAN my wife or children become beneficiaries of my investments under the CPF Investment Scheme? How do 1 qualify for the new Enhanced Investment Scheme? When can I withdraw my capital gains from share trading? BT invites readers
      116 words
    • Article, Illustration
      SUMMARY
      346 9 Performance of STll's index stocks May 3 Last Vnw Index Slack talc Cher factor mo»crs Am mo 2.310 0.050 1 80 9.62 CAC 7 .100 -0 200 5.70 -38 46 Ccrcbos 5.350 4.18 FAN ***** 9 21 GF Asia 3 260 -0 020 2.55 -3 85 GenMaf 4.450 -0010
      346 words
    • Article
      Informatics ends five cents above issue price in debut trade
      298 9 SINGAPORE Stags hoping for a quick kill from Informatics Holdings' shares were disappointed yesterday. The counter, the third to be listed on Sesdaq this year, closed only five cents above its issue price of 60 cents in debut trading, as
      298 words
    • Article
      SIA profits unlikely to dip or soar this year
      871 9  -  HOCK LOCK SIEW By Dexter Lee SINGAPORE Analysts have painted a rather rosy picture of Singapore Airlines' performance for the current financial year, with some estimating net earnings at over $1 billion. The rosiness, in turn, has fired foreign institutional investors
      871 words
    • COMPANIES
      • Article
        UNIT TRUSTS & FUNDS
        476 11 UNIT TRUSTS FUNDS MjMfm' price* Ma\ 4 Prudential Singapore Unrt Trust Pn,lmk mm Fund no us I'he Commerce 135 1.42 MARA-Bumiputra The Savings Fund 118 124 First B'putra 181 186 S pore Prog Fund 0.55 0 58 Second B pulia I.7S 1.83 S'pore See Fund 0.91 096 Third B putra
        476 words
      • Article
        DIVIDENDS ANNOUNCED
        1530 11 Payment Ex Books Pay dale close date Vma F 7.5 Jun 10 Jun 22 Jul 5 Apollo F 2.5 Jun 21 Jun 25 Jul 15 Boustcad 50* I 7.5 Apr 22 May 7 -J"" B Raya F 3 May 25 Jun 9 Jul 8 Cathay Pac 20* F
        1,530 words
      • Article
        Lock icon Ten M'sian companies among Asia's most admired: survey
        473 11 MBT KUALA LUMPUR Ten Malaysian firms arc among Asia's 250 most admired companies this year. They were judged on their products and services, quality of management, contribution to the local economy, record as employers, potential for growth, and ethics and honesty. Genting
        MBT  -  473 words
      • Article, Illustration
        Lock icon China Strategic in the black thanks to new management
        278 11 Bloomberg Business News HONGKONG China Strategic Investment (CSI) said its net profit for the year ended Dec 31 rose to HKS6I.B million (5512.9 million) following a loss of HKSI4.B million the year before. The company said new management helped bolster this
        Bloomberg Business News  -  278 words
      • Article, Illustration
        Lock icon PAL pushing through refleeting plans but reviewing the market
        255 11 AFP MANILA Philippine Airlines (PAL) is pushing through with refleeting plans but is reviewing the "turbulent situation in the world aircraft industry", PAL chairman Carlos Dominguez said here yesterday. Mr Dominguez said PAL had confirmed its order for two Boeing 747-400s,
        AFP  -  255 words
      • Article
        Winfoong seeks more property projects in HK and China
        442 11  -  By Magdalene Ng SINGAPORE Winfoong Investment, the Hongkong-listed subsidiary of Hong Fok Corp. wants to be involved in more property projects in China and Hongkong. In a reeently released circular on its three-for-two rights issue. Winfoong said this plan arose from
        442 words
      • Article
        SiS Int'l posts record 153pc rise in earnings
        284 11  -  By Joseph Rajendran SINGAPORE Homegrown SiS International, the first local company to choose Hongkong over Singapore for its listing, has reported a sterling set of results. It reported a record 153 per cent jump in net earnings to HKS29 million (Ss6.l million)
        284 words
      • COMPANY BRIEFS
        • Article
          ICB director resigns
          32 11 SINGAPORE Tan Pee Cee has resigned as a director of the Industrial and Commercial Bank with effect from April 30. ICB is a subsidiary of the United Overseas Bank.
          32 words
        • Article
          Keppel denies bid for Philippine bank
          71 11 SINGAPORE The Keppel group denied yesterday that it would bid for the Philippine government-owned International Corporate Bank. The group issued the denial in a statement to the Stock Exchange of Singapore in response to a Business limes article yesterday. The article said Keppel had
          71 words
        • Article
          Lock icon Kanzen plans 3 more tie-ups in China
          59 11 Bernama KUALA LUMPUR Kanzen Bhd will spend Ms 3 million (SSI.9 million) setting up three more joint ventures inXThina to produce spring mattresses and bedding products. Chairman Sulaiman Sujak said yesterday the company had received approval from the Chinese authorities to set up
          Bernama  -  59 words
        • Article
          UEM sees good operational prospects
          40 11 KUALA LUMPUR Operational prospects for United Engineers (Malaysia) Bhd were likely to remain good given the group's participation in infrastructure privatisation proposals, chairman Radin Soenarno Al-Haj said in the company's latest annual report, released yesterday.
          40 words
      • Article
        UK's Pearson group seeks stake in one of Star's pay TV channels
        282 11  -  From Catherine Ong in HONGKONG BRITISH publishing giant Pearson group is negotiating with Star satellite television to take a stake in one of 12 pay channels the Hongkongbased group will be launching from the end of the year.
        282 words
      • Article
        Lock icon HK's Seapower to sell stake in listed Seabase to Ceroil
        222 11 Reuter HONGKONG Seapower International Holdings Ltd has agreed to sell 55 per cent of its listed Seabase International Holdings Ltd property and industrial investment unit to China National Cereals, Oils and Foodstuffs Import and Export Corp (Ceroil) for HKS3B3 million
        Reuter  -  222 words
      • Article
        Lock icon Shenzhen plans to launch stock index futures
        542 13 Reuter SHENZHEN Chinas southern special economic zone of Shenzhen hopes to join global financial centres such as Tokyo, Chicago and London by launching stock, index futures, a senior market official said. Zhang Luohui. deputy president of the Shenzhen Metal Exchange (SME). said the
        Reuter  -  542 words
      • Article
        Lock icon China to invest 4.1b renminbi in railroads
        165 13 Bloomberg Business News HONGKONG The People's Construction Bank of China will invest 4.1 billion renminbi (SSI.2 billion) in China's railways before the second quarter of the year, the official China Daily reported. In particular, the bank will help with the construction of the
        Bloomberg Business News  -  165 words
      • COMPANY BRIEFS
        • Article
          Lock icon Citic president joins Kumagai HK
          72 13 AFP HONGKONG Kumagai Gumi (Hongkong) Ltd yesterday added Wang Jun, executive director and president of China's biggest investment conglomerate, to its board of directors. Mr Wang, of the China International Trust and Investment Corp (Citic). is the first mainland Chinese to sit on the 10-member
          AFP  -  72 words
        • Article, Illustration
          Lock icon Roast duck fast-food chain for China
          84 13 Bloomberg Business News BEIJING Under onslaught from US junk food outlets, China's three biggest duck restaurants are forming a fast-food group with plans for a worldwide counter-offensive. "We will develop a Beijing Roast Duck fast-food chain that will match the scale of Kentucky Fried
          Bloomberg Business News  -  84 words
        • Article
          Lock icon Pacific Magazines buys publisher
          59 13 Reuter SYDNEY Pacific Magazines and Printing Ltd said it is acquiring Attic Futura, an Australian-based publisher of teenage magazines, for an undisclosed sum. Pacific Magazines, 45 per cent owned by News Corp Ltd. said Attic Futura magazines include TV Hits. Hot Metal and Girlfriend in Australia,
          Reuter  -  59 words
        • Article
          Lock icon Coles Myer sales rise 5 per cent
          88 13 Bloomberg Business News Coles MELBOURNE Coles Myer, Australia's largest retailer, said sales in the quarter ended April 25 rose 5 per cent to A 53.5 billion (554.07 billion), despite depressed economic conditions. The third-quarter gain compares with a rise of 4.3 per cent
          Bloomberg Business News  -  88 words
      • Article
        Lock icon Samsung Electronics seeks more foreign tie-ups
        502 13 Reuter SEOUL As the South Korean saying goes: "After the crisis comes opportunity." After dodging a US threat to impose heavy anti-dumping duties, which could have stopped sales to its most lucrative market. Samsung Electronics Co Ltd wants to consolidate its place in the
        Reuter  -  502 words
      • Article
        Lock icon Investors giving up hope Indian markets will recover in near future
        585 13 Reuter BOMBAY After a full year of handwringing over fortunes lost in India's biggest financial scandal, investors on the country's 22 bourses are finally giving up hope that there will be a re-blossoming in the foreseeable future. Taking a
        Reuter  -  585 words
    • FINANCE
      • Article
        S'pore banks can meet Basle's stricter capital adequacy rules
        362 15  -  Existing ratios oflocal banks are more than 4 points above current guidelines By Paul Leo SINGAPORE Local banks arc in the top league when it comes to meeting capital adequacy standards even though the goalpost is about to be moved thanks
        362 words
      • Article, Illustration
        Lock icon M'sian health insurance industry seen as needing shot in the arm
        312 15 Bernama KUALA LUMPUR Malaysia's health insurance industry, now a small component of the total insurance market, needs a shot in the arm to further enlarge its customer base. The ideal antidote could well be the country's continuing strong economic
        Bernama  -  312 words
      • SMALL CHANGE
        • Article
          Lock icon Dah Sing Bank opens office in China
          96 15 Bloomberg Business News HONGKONG Hongkong's Dah Sing Bank opened its first representative office in China in the southern Chinese city of Shenzhen yesterday. In a statement announcing the opening. Managing director Ronald Carstairs said the bank intends to upgrade the office to full
          Bloomberg Business News  -  96 words
        • Article
          Lock icon S Korea's foreign debt at US$42.67b
          101 15 Reuter SEOUL South Korea's foreign debt totalled U5542.67 billion (5568.8 billion) at end-February, up from U5542.53 billion at end-1992, provisional Central Bank of Korea figures show. Overseas assets rose to US$32 billion in the same period from US$3l.7 billion at the end of last
          Reuter  -  101 words
        • Article
          Lock icon EC reviews bid to acquire bank
          51 15 Reuter BRUSSELS The European Commission said it was reviewing plans by Banco Comercial Transatlantic© (Bancotrans), a Spanish subsidiary of Deutsche Bank, to acquire control of Banco de Madrid. The acquisition would be achieved through the purchase of shares belonging to Banco Espanol de Credito
          Reuter  -  51 words
        • Article
          Israel moves to deregulate banking
          56 15 JERUSALEM The Israeli government on Sunday approved a reorganisation programme for the country's highly centralised banking system in the hope of increasing competition and loosening the iron grip that a handful of banks have on the capital markets and on many companies. The plan came
          56 words
      • Article
        Lock icon No change in foreign borrowing policy, says Bank Negara
        332 15 Bernama KUALA LUMPUR There has been no change in policy on foreign borrowing by residents and the sources of such borrowing, says Bank Negara. A spokesperson said in a statement to Bernama here yesterday that such borrowings were encouraged from offshore
        Bernama  -  332 words
      • Article
        Economists see deutschemark dragging European currencies downwards
        730 15  -  From I Neil Behrmann in LONDON FOREIGN exchange markets are uneasy and the dollar is under pressure. Yet it is only a matter of time before the deutschemark drags European currencies downwards, predict leading foreign exchange dealers and economists. The average forecast of
        730 words
      • Article
        Lock icon Spotlight on the shifting priorities at Germany's central bank
        364 15 IHI LONDON No issue more constantly obsesses professional Bundesbankologists than the supposedly fluid proportion of anti-intlation monetarists, or hawks, to intlation apologists, known as doves, on the central bank's governing board. This is especially true at a time like the present
        IHI  -  364 words
      • Article, Illustration
        Untitled
        1545 15 IraJt .i.wnu-d in>k mkuUiuil dtvtnn S/sit > l<i' 14 iiiMlint panrH i > Ha* to /«*.< US$/S$ forward rates Noon May 3 s$ Bid Offrr I mouth 1.6135 1.61 50 2-mouth I M 1.6150 month ***** I 6151 6-inonih 1.6132 ***** Source: FOREIGN CURRENCY NOTE RATES As at 10am yesterday:
        1,545 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        129 15 PARTICIPANTS in the currency markets are mostly sidelined yesterday with Tokyo and the UK on holiday. Over the USS/SS market, the USS remained bid throughout the day with lots of interest in selling S$ for MS. It traded a very narrow range of 1.6140/45. Morning
        129 words
      • Article
        Lock icon New York
        257 15 Knight-Ridder NLW YORK The US dollar was mixed at midday yesterday after falling earlier on a worrisome report from the National Association of Purchasing Management. Sterling, meanwhile, remained soft, which dealers said was a response to a weekend news report questioning the validity of recent UK employment data.
        Knight-Ridder  -  257 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end stable in light trade
        1353 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended unchanged in extremely thin trade with activity dampened by the absence of Tokyo traders for the golden week of holidays. September ended unchanged at 96.68. its previous close on the IMM previously and December at 96.29.
        Reuter  -  1,353 words
      • Article
        Tin sheds 7 sen to M$14.01 on huge miners' supply
        945 16 COMMODITIES REPORT Tin TIN PRICE on the Kuala Lumpur Tin Market eontinued to he traded easier, closing seven sen lower at MS 14.01 per kg due to large offerings hy miners. Dealers said most buyers were still unwilling to commit
        945 words
    • Article
      COMMODITY PRICES
      1555 16 Rubber Ma > 3 RAS Commodity Exchange (futures closing as at 1pm) MS (physical prices) RSS1 Contract <S cents/kg) Buyers Sellers (lose Vdume Open 12 <Sccn«s/l*) Month High Low Sett (tonnes) Interest RSS 2 Jun 93 130 00 31 OON M^J —mm a j».g S!&3 IBSiSS ts 800
      1,555 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1012 17 -17.0 Australian stocks withered yesterday as profit-takers moved in and the key market indicator slumped to its lowest level in nearly a month. "The market has stepped on its tail." one broker said. "I think it is probably down 10 points on complete lack of interest and down another
        1,012 words
      • Article
        Manila
        609 17 11.13 Share prices climbed up to new highs in quiet trading, breaking last week's record highs as demand for equities outpaced supply. The Manila Composite Index closed at 1,615.46 points, up 11.13. "The No 1 reason is liquidity," said an analyst. Prices shot up at breakneck speed fuelled by
        609 words
      • Article
        Seoul
        447 17 Stocks ended a lethargic session a shade firmer in what brokers described as a technical rebound centred on bluechip manufacturing shares. They said the lacklustre trend would continue for the time being but some forecast a mild rebound through the week. The index added 0.91 point to 718.59. "Most
        447 words
      • Article
        New Zealand
        288 17 -17.39 Shares ended 1.08 per cent down on low volume, due mostly to weakness in forestry stocks Carter Holt Harvey and Fletcher Challenge. CHH fell five cents to NZ$3.O2 and FCL shed seven to NZ52.74 after falling seven and eight cents, respectively, on Friday. The NZSE-40 Capital Index
        288 words
      • Article
        Bombay
        80 17 -42.19 Share prices fell further as the full year ending March results of Reliance Industries Ltd were not as good as market expectations, brokers said. The BSE Index fell 42.19 points to 2.080.11 and the National Index dropped 18.97 points to 946.27. Reliance posted profits of 3.21 billion rupees
        80 words
      • Article
        Taipei
        572 17 -27.20 Late buying helped Taiwan stocks close off early lows but turnover shrank to its lowest level since February as most players stayed sidelined. The Weighted Index closed 27.20 points down at 4.473.80. after earlier dropping more than 40 points. Turnover fell to NT521.28 billion from Saturday's T523.2 billion.
        572 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        766 17 Britannia Sterling Cash Bid Offer Mim Op r>cp»Mi W kW Mim Jerws C.ill 0 IK-T 0 2<MI Mim Max Income ■O'NOO *10)00 IS* Cash Income Plus Tund *****0 10 YMU PSS Rfwc Fund 5 2000 5 2100 Slerling FquiH Fun) PnftmuiKt 0 0.44M Far EjsI Fund *2.7650 *2 "TV) \|jn
        766 words
      • Article
        London
        539 17 THE London stock market was closed yesterday for Labour Day London Apr .10 Pence Industrials A A. < orp Adr 17 (OO 4/8 AN*> National 3S5 7 Allied Lyons 577 10 Amec J Asda Group 7| f I 4/8 BAT Ind 854 16 BKC 356 7 B<M (.roup 702
        539 words
      • Article
        Paris
        130 17 -2.06 French shares yesterday finished a lacklustre day slightly lower and dealers expect the market to drift this week in the absence of any event giving direction. Prime Minister Edouard Balladur postponed a report on state finances and revised 1993 budget to next week following the suicide on Saturday
        130 words
      • Article
        Stockholm
        112 17 +0.03pc Swedish shares were little changed at the close in thin, trcndlcss trade yesterday. There were few players in the market with the London bourse closcd for the May Day holiday. The All-Share Index inched up 0.03 per ccnt to 1,024.72 in turnover worth 635 million kroner. The OMX-Indcx,
        112 words
      • Article
        Frankfurt
        175 17 1.97 Share priccs shook off early losses to end official trading firmer yesterday, hut the recovery was due to technical factors rather than a change of mood. Volumes were thin and the closure of the London market kept the bourse quiet. The DAX-30 closed up 1.97 at 1,629.16, after
        175 words
      • Article
        Brussels
        143 17 -8.00 Continued pessimism in an illiquid market pushed Belgian shares to a lower close in very thin trading, the market's 12th fall in the last 13 sessions. Traders said they cx- peeled the market to remain weak as sentiment remained depressed, but some dealers hoped posi-tion-squaring before the settlement
        143 words
      • Article
        Milan
        120 17 +2.32pc Blue chips yesterday recouped more of Friday's losses but would now be capped around these levels until Prime Minister Carlo Azeglio Ciampi's government announces a programme and puts it to a parliamentary vote on Thursday, dealers said. The MIB All-Share Index rose 2.32 per ccnt to 1,190, extending
        120 words
      • Article
        Amsterdam
        260 17 -0.30 Dutch shares closcd steady to weaker after a slow post-holiday session. The EOE Index closcd down 0.30 point at 313.72. Philips was the only focus. Shares surged at the opening following Friday's news of a sale of its 35 per cent stake in Matsushita Electronics Corporations of Japan
        260 words
      • Article
        Zurich
        222 17 +23.10 Swiss stocks finished stronger yesterday, with renewed interest in banking and insurance shares marking an otherwise quiet session. The SMI Index closed at 2,1 52.80, up 23.10 from Friday. Fifteen counters advanced, six declined, and one ended unchanged. Volume was thinned by the bank holiday in the UK.
        222 words
      • Article
        Johannesburg
        323 17 25 Shares were higher but off their sharply higher open- ing levels as a closcd London market and a perception that early rises were overdone took the wind out of the market. Dealers said trade would be thin until New York opened, when interest was likely to pick up.
        323 words
      • Article
        Toronto
        230 17 +34.35 Stocks fell in early trade yesterday as profit-taking took the steam out of last week's solid gains. "We're seeing a little bit of profit-taking. Basically that's it," said an analyst. The TSE 300 slipped 11.38 points to 3,778.03 on turnover of 17.34 million shares valued at C 5150.85
        230 words
      • Article
        New York
        860 17 +2.43 Wall Street stocks drifted at midday yesterday depressed by disappointing economic data, but some drug and technology stocks managed to move upwards. At I pm EDT. the Dow Jones Industrial Average was up 2.43 points at 3.429.98. Inclining shares outnumbered advances 9-8 on the New York Stock
        860 words
    • Article, Illustration
      Lock icon HONGKONG
      3203 18 Bloomberg Business News HONGKONG Stock prices ended lower yesterday and are expected to slip further as investors pause for breath and trim shareholdings after a recent rally, brokers said. The Hang Seng Index of top shares ended 40.4 points lower at 6.790.11 after staging a recovery from the morning's
      Bloomberg Business News; Source: Bridge Info  -  3,203 words
    • Article, Illustration
      CHINA
      441 18 ALL stocks which were traded declined on the Shenzhen A market yesterday. Both the A and B markets were very quiet. The CLSA Shenzhen A Index fell 58.03 points to 2,927.97. There was a considerable decline in trading volume in the B market as turnover returned to previous low
      441 words
    • Article, Illustration
      Lock icon JAKARTA
      1130 18 Reuter SHARE prices closed mixed in moderate trade while major focus was on premium stocks, brokers said. "Locals have driven the market in the second session and foreigners are more sidelined." a trader with a local house said. Shares with high premiums Petrosea. Inco. Gudang Garam. Sucaco and Good
      Reuter; Source: Bridge Info  -  1,130 words
    • Article
      BANGKOK
      1629 18 Vol Apr M Baht Mich Ixm ("001 PE \ipiN -i M> :TOO 2525 JW 112 Sev 240<*l -6(HI 24*00 2J6 00 7>| 105 > \ofcam Ihji 46 00 <100 47 SI 4500 I60> iu \vu(mlil 15? 00 -700 ***** ***** "64 IKK \su I ihfc 27 25 urKh 27
      1,629 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2346 19 Source: Bridge Info Source: Bridge Info I I— Cr Gr KM? 41 Lei Vol Di) Lnt Quote l)i» Di» Srt M C$f High Low CofflfMi) Sri* ("000) High Low Bu>tr Seller Or P/fc S»il MALAYSIAN STOCKS ns T02 AKB JOc .29 xd -I 18 'W 2 IW ,J0
      Source: Bridge Info  -  2,346 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Main index ends lower after Telekom price fall
        5196 19 Bernama WIDESPREAD institutional and retail buying activity took share prices to a steadier close in active trading yesterday as interest focused on blue chips and lower liners. The KLSE Composite Index shed 2.24 points to 717.37 after touching an an all-time high
        Bernama; Source: Bridge Info  -  5,196 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Eleventh-hour buying pushes up blue chips
        7202 20  -  By Magdalene Ng A LAST-HOUR demand for blue chips yesterday pushed the Straits Times Industrials Index up 7.27 points to 1.790.90. The index had earlier touched an intra-day low of 1,782.65 as shares moved sideways in active trade. At the end of the day,
        Source: Bridge Info  -  7,202 words
      • Article, Illustration
        Lock icon Amal Steel
        71 20  -  HOT STOCK Paul Leo AMALGAMATED Steel Mills broke through resistance at $1.70 to close at $1.79 yesterday. The next resistance at $1.82 is likely to halt any further advance as the stock is overbought. A weekly RSI above 75 and a daily RSI at 75 show that a
        SOURCE: BRIDGE INFO  -  71 words
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      117 9 u- h g, Finafce and i<«suraf)Oo Banking, rinanc# and Insurance mm H rinance t? iif < <-jI H I H jnr.e add I Insurance 93 1993 marks the 25th anniversary of the establishment of the Asian dollar market. It is a time to reflect on past achievements and ponder over
      117 words
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      Page 10 Advertisements Column 1
      151 10 Today in Singapore, Northern Telecom introduces COMPANION, the wireless communications solution for business. At last, you'll be free to move throughout your workplace and never miss a call. When you can't be in your office, you can receive or place calls on a pocket-sized wireless phone. So you can stay
      151 words
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      Page 11 Advertisements Column 1
      10 11 Find the job that suits you I in TlioSticiitsTinios I
      10 words
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      Page 11 Advertisements Column 2
      54 11 r MULTIPURPOSE •"••CORRECTION PEN MITSUBISHI PENCIL CO..LTD. JAPAN Touches up on mistakes easily and smartly. Can be used on all types of water soluble or oil-based ink. No thinner necessary. Available at all leading department stores. Sole Agent: |3 BALMAR MARKETING Tel: 235 9577 Member of Jebsen Jessen Group of
      54 words
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      Page 12 Advertisements Column 1
      79 12 1 PIESONAL COMMUNICATIONS SYSTEMS Can Go Anywhere In The HH Office You Can. Northern Telecom introduces the COMPANION wireless communications system for business. With any CT2/CAI compatible pocket-sized wireless phone, you your So you can be IF Folec Communications Mj^jAL northern M M B fcfccom TACs: 1937-90 KTS2BO. 1936-90 KTS279,
      79 words
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      Page 13 Advertisements Column 1
      827 13 r With Cathay Pacific's V Hong Kong Super b City 4 day/3-night f* M Jl If /> package, the action- Kong yours for ■ft taking. Together with CATHAY PACIFIC'S return ticket you get a ten jl Irr 111 I I V' extended checkout 10kg excess j back. What's more, you
      827 words
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      252 14 Last to go. Fir st < to arrive! You're running late and you need n 11 4 OA A HiT £1 i -lul j. 11 What more could you ask for? Call now. 1-800-745 Jl2z toll-tree. Wtll t liv to send a document or parcel out in a wen, now
      252 words
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      Page 16 Advertisements Column 1
      285 16 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 UNITED INDUSTRIAL CORPORATION LTD (Incorporated in the Republic ot Singapore) LOST SHARE CERTIFICATES Application hastieen made to me Directors <jI the abovenamed company to issue duplicate shareceitrficalesin placed trie toHwiflg share certificates wtndi ruve been reported lost or destroyed No ot
      285 words
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      Page 16 Advertisements Column 2
      33 16 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead (Make new business contacts through classification 203 in The Straits Times Classified. \c£rk\
      33 words
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      Page 17 Advertisements Column 1
      81 17 f ,f We face major problems in Korea today and I don't see an immediate P" 1111 1 solution. It is a complex situation and at this point of time there are f *'z diverse opinions on how the country should tackle the problem. j Kim Suk Joon, 40, chairman
      81 words
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      Page 18 Advertisements Column 1
      222 18 U YOUR MONEY IN A BOX- IT'S MORE RELIABLE THAN SHARES. tradition, they perform beautifully every day or ears on I AND MORE PLEASING end (unlike many share* we could mention). TUC CADC P° r an investment opportunity worth listening to, come REUGE® MUS.C THE REUGE MUSIC BOUTIQUE. 43 5
      222 words
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      Page 18 Advertisements Column 2
      28 18 The Tokyo stock market was closed yesterday and will remain closed till tomorrow. The Thai stock market was closed yesterday for Labour Day. Below are Friday's closing prices.
      28 words
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      50 19 »>**.• -.-v mmr^MasterCard t y < m m mm m *■< IflflKMMMESMMI M YOU'VE GOT THE WHOLE WOULD IN YOUR HANDS E If r|j With over 170 million cards honoured 10 million establishments, MasterCard puts pte whole woHd in your ft eaty access to cash at pWWOOplBii^tinch^ ATMs Wldindcli^HHjlH IllilSiliSu
      50 words
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      55 20 I B YOUR MONEY IN A BOX. I IT'S MORE RELIABLE THAN SHARES. I tradition, tLey perform beautifully ev»ty day for yean on I AND MORE PLEASINO many tkare* we could mention). I I rn tit r? ri no For an investment opportunity wortk ikt*ninj to, come ILI IHB CAKB.
      55 words
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  • SPORTS
    • Article, Illustration
      Lock icon McGovern birdies final hole to win his first PGA event
      360 21 Golf AP THE WOODLANDS. Texas Jim McGovern birdied the final hole of regulation to force a playoff and then birdied the second playoff hole to beat Jim Huston and win his first US PGA Tour event. McGovern, who earned U*****,000
      AP  -  360 words
    • Article, Illustration
      Lock icon United's league triumph long overdue
      814 21 AP LONDON Twenty-six years of heartache and frustration ended for Manchester United on Sunday as England's most famous and popular soccer club at last recaptured the elusive league title. Although United had triumphed in the European Champions and Cupwinners Cups, won the Football Association Cup
      AP; Reuter  -  814 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        78 21 Reuter NEW YORK Major league results Sunday American: Boston 4 California 3; New York 3 Seattle 2 (in 10); Baltimore 4 Kansas City 3; Minnesota 6 Detroit 3; Cleveland 10 Oakland 2; Texas 13 Milwaukee 2; Toronto 6 Chicago 1. National: Atlanta 4 St Louis 3; Chicago 4 Cincinnati
        Reuter  -  78 words
      • Article, Illustration
        Lock icon Basketball
        46 21 Reuter NEW YORK NBA first-round playoffs Sunday Eastern Conference: New York 101 Indiana 91 (NY leads best-of-fivc series 2-0): Chicago 117 Atlanta 102 (Chicago leads series 2-0). Western: LA Lakers 86 Phoenix 81 (LA leads series 2-0): Utah 89 Seattle 85 (Series tied 1-1). Reuter
        Reuter  -  46 words
      • Article, Illustration
        Lock icon Golf
        206 21 Reuter AP AFP HOUSTON leaders after the final round of the rain-shortened LSSU million Houston Open won by Jim McGovern on the second extra hole on Sunday (US unless noted): 199 Jim McGovern 67-64-68. John Huston 65-66-68 200 Payne Stewart 66-68-66. Donnie Hammond 67-65-68. Blaine McCallister 64-65-71 201 Larry
        Reuter; AP; AFP  -  206 words
      • Article, Illustration
        Lock icon Ice hockey
        48 21 Reuter NEW YORK NHL Stanley Cup second-round playoffs Sunday: Patrick Division finals NY Islanders 3 Pittsburgh 2 (NY leads best-of-seven scries 1-0). Smythe Division finals Vancouver 5 Los Angeles 2 (Vancouver leads series 1-0). Adams Division finals Montreal 4 Buffalo 3 (Montreal leads series 1-0). Reuter
        Reuter  -  48 words
      • Article, Illustration
        Lock icon Soccer
        324 21 AFP AFP AP AFP LONDON English Premier I>eague result Sunday: Oldham 1 Aston Villa 0. leading standings (games played, won, tied. tost, goals scored, goals conceded, points): I. Manchester United 40 22 12 6 62 29 78 2. Aston Villa 41 21 II 9 56 38 74 3. Norwich
        AFP; AP  -  324 words
      • Article, Illustration
        Lock icon Tennis
        43 21 AP Reuter MUNICH, Germany BMW Open Final Sunday (seedings in parentheses): Ivan Lendl (US 2) b Michael Stich (Ger 3) 7-6 (7-2). 6-3. AP ATLANTA ATA I Challenge singles final Sunda>: Jacco fcltingh (Ncth) b Bryan Shelton (US) 7-6 (7-1) 6-2. Reuter
        AP; Reuter  -  43 words
      • Article, Illustration
        Lock icon Cricket
        36 21 Reuter ST JOHN'S, Antigua Pakistan, replying to West Indies' first innings of 438. were 85 for three when rain stopped play on the second day of the third and final cricket test on Sunday. Reuter
        Reuter  -  36 words
    • Article
      Lock icon Lakers going for a sweep after leading Best-of-5 series
      592 21 AP NEW YORK The Lakers, the only team in the playoffs with a losing record (39-43), now lead the Best-of-5 series 2-0 and will go for a sweep tonight at the Forum in Inglewood, California. If the Suns stay alive. Game
      AP  -  592 words
    • SIDE LINES
      • Article
        Lock icon Ski resort treatment for Seles
        59 21 Reuter DENVER. Colorado Monica Seles, recovering from Friday's knife attack at a tennis tournament in Germany, arrived in Denver late on Sunday and was expected to receive treatment at the nearby ski resort of Vail. Seles, the number one woman tennis player, arrived in a
        Reuter  -  59 words
      • Article, Illustration
        Lock icon Down but not out
        62 21 Reuter NEW YORK Seattle Mariners' second baseman Rich Amaral leaped over sliding New York Yankees' centre fielder Bernie Williams as Williams was put out on a force play in the sth inning of their game at Yankee Stadium in New York on Sunday. The Yankees won
        Reuter  -  62 words
      • Article
        Lock icon Carl Lewis still confident
        81 21 Reuter HOUSTON Eight-time Olympic champion Carl Lewis ran the 400 metres in competition for the first time in his illustrious career at the Houston Invitational Athletics meeting on Sunday and came away encouraged, despite a fifth-place finish. Mike Marsh, the 200 metres Olympic champion, ran the
        Reuter  -  81 words
      • Article
        Lock icon Reggie Lewis to miss playoffs
        55 21 AP BOSTON Reggie Lewis, the leading scorer for the Boston Celtics, will miss the rest of playofTs because of heart problems. Lewis, 27, collapsed on Thursday during the playoff opener with the Charlotte Hornets and was admitted to New England Baptist Hospital on Friday. He
        AP  -  55 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      978 21 BUSINES_STIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, I, Florence Ng Guck Neo of 25-L Amber Road Singapore 1542, have applied for a Public House First Class (Extended) Licence in respect of premises at M/S Tom's Keller at 30 East Coast Road,
      978 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      703 22 Eiaafl Nothing Beats A Bud, OF wmmmmm ■m pub From spm to Bpm daily, a good reason to come down with drinks at only $3.50++ each. (House pouring brands only). The North Express Band a Now Playing! w Ladies Night Every lUesdayl For raeeiveliono, please call 737 2911 Ext 1963.
      703 words
    • Advertisement
      Page 22 Advertisements Column 2
      291 22 WHERE TO WINE, OINE AND ENTERTAIN Award-winning Thai-Cantonese cuisine created by Thailand's Royal Princess. 23 April 14 May C f J Shark's Fin Soup in Bamboo Pith. Steamed Abalone wrapped with Minced Prawns. Bird's Nest in Baby Coconut, in Pear or with Coconut Milk. These are just some of the
      291 words
    • Advertisement
      Page 22 Advertisements Column 3
      341 22 H £ffaroe&t Direct from the French q frontier of Akacr and Lorraine, a A f N very special cuisine a unique M*l <, I combination of Prench cooking C i and rustic German tare. N a ■«jr r Here's your opportunity to V discover this unique bountiful spread C~jr of
      341 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Ellington enshrined
      492 23  -  Nita Lelyveld reports on the opening of a Smithsonian exhibit recreating the world in which the jazz musician lived Nita Lelyveld AP THE 94th anniversary of the late Duke Ellington's birth was celebrated in his childhood home last Thursday with the opening of an exhibit that recreates the
      AP  -  492 words
    • Article
      Lock icon Art sales: Will buyers jump-start market?
      268 23 NYT IF the boom of the late 1980s had never happened. then the offerings wouldn't seem so slim at Sotheby's and Christie's, whose important spring sales of Impressionist, modern and contemporary art begin this week in Manhattan. But those heady days when catalogues were
      NYT  -  268 words
    • Article
      Lock icon The race to make the movie 'Frankenstein'
      338 23 CHATTERBOX NYT AP NYT NYT FRANCIS FORD COPPOLA, fresh from bringing "Bram Stoker's Dracula" to the silver screen, is working with Kenneth Branagh on a new movie based on Mary Shelley's "Frankenstein". But Ted Turner's TNT Cable Network is beating him to the
      NYT; AP  -  338 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      120 23 Madina BAY CHINA CHINA RESTAURANT Set menu for 6 persons From $198 Set menu tor 8-10 persons From $388 Inclusive of Complimentary Mother's Day Cake) NISHIKI RESTAURANT Set menu at $30 per person TEE-OFF CAFE Delectable butfet spread at only $13 (Adult) 7 (Child) For reservations, please call our Restaurant
      120 words
    • Advertisement
      Page 23 Advertisements Column 2
      76 23 FREE 1 TRIP TO SENTOSA COME LUNCH/DINE AT TAKARAJIMA! Relax &c Enjoy a sumptuous healthy Japanese meal in a quaint, picturesque resort setting. FREE TRANSPORT will be provided daily every 15 45 minutes of the hour by Beaufort Hotel's shuttle bus at Jardinc Step (in front of Port of Singapore
      76 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1152 23 TV RADIO Rock Hudson, 10.30pm, SBC 5 This 1989 insight into the life ftp of Hudson stars Thomas lan pi Griffith as the gay heart-throb •J who started off as a bit actor. t kj rose to stardom, and died of Balance Of Nature, 9.30pm, Having bull-dozed his way j
      1,152 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      London properties show signs of recovery
      2126 24  -  Low prices, cuts in interest rates and falling sterling set an attractive scenario for foreign buyers. Ray Heath reports Ray Heath George Soros, successful fund manager and billionaire, didn't get to be that way by getting his timing wrong, so when he decides it's
      2,126 words
    • Article
      Lock icon Hawaii developers woo businessmen in HK
      415 25 South China Morning Post Hawaiian developers are hoping an aggressive business drive in Hongkong will boost the sunshine island's flagging property market. A top-level seminar is being held next month to urge Hongkong businessmen to invest in Hawaii. It has been organised by the
      South China Morning Post  -  415 words
    • Article, Illustration
      Kent Ridge Guild House to get $11 million extension
      145 25 THE National University of Singapore Society (NUSS) will build an $11 million extension to the Kent Ridge Guild House by February 1995. The Urban Redevelopment Authority has given provisional permission for the new wing, as well as a new swimming pool,
      145 words
    • REGIONAL SKYLINE
      • Article
        Lock icon Swire Properties warns agents
        87 25 Sunday Morning Post Hongkong developer Swire Properties has issued a stiff warning to property agents who claim authority to sell flats at a development project which the developer has yet to put on the market. Early last month, three local realtors, Centaline, Treasure Land and Hop
        Sunday Morning Post  -  87 words
      • Article
        Lock icon More foreign firms open offices in HK
        59 25 South China Morning Post HONGKONG The number of foreign firms opening offices in Hongkong rose 53 per cent in 1992. According to a government survey, the number of new regional offices rose from 278 to 757, but the number of new regional headquarters
        South China Morning Post  -  59 words
      • Article
        Lock icon KL monitoring building materials
        54 25 Bernama KAMPAR Malaysia's Housing and Local Government Ministry is monitoring the supply of building materials to ensure there is no shortage. Housing and Local Government Minister Ting Chew Peh says any shortage of cement, steel and bricks would cause prices to soar and could undermine attempts
        Bernama  -  54 words
      • Article
        Lock icon HK contractor considers listing
        63 25 Sunday Morning Post HONGKONG Hongkong building contractor CIL Holdings is considering a listing on the local stock exchange. The firm's core business is in hotel projects. The most prestigious job so far is the Palace Hotel in Beijing. More than 50 per cent of ClL's contracts
        Sunday Morning Post  -  63 words
      • Article
        Lock icon Shanghai, Pudong deals for HK firm
        81 25 South China Morning Post HONGKONG Hongkong property consultant CY Leung and Co has landed a deal with two Chinese firms to market two huge properties in Shanghai and Pudong. The 500,000 sq-ft Pudong site, in the Lujiazui financial zone, will be sold by tender.
        South China Morning Post  -  81 words
      • Article
        Lock icon Thai firm to build 164-km road
        73 25 Bangkok Post THAILAND Thai company Suk-Uah-Anant has won a build-operate-transfer (BOT) contract for a 164-km road between Chiang Rai and the province of Chiengtung in Myanmar. The road, to cost about 325 million baht (S$ 19.5 million), should be completed within 18 months. There
        Bangkok Post  -  73 words
    • Article
      Lock icon HK buyers target of China's Hawaii-style housing project
      245 25 South China Morning Post HONGKONG businessmen are being urged to buy homes at a new Hawaiian-style luxury housing development in China. According to the developers, Regency Park in Shenzhen will feature an 'exotic and warm tropical Hawaiian resortlike garden atmosphere'. The three-phase
      South China Morning Post  -  245 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      315 24 CHINA WUHAN (SINGAPORE) r MO ECONOMIC AND TRADE FAIR 4,11 1993 JJ^ SO^ Y) m MAYI993 < FR,DAY > VENUE RAFFLES CITY CONVENTION CENTRE COLLYER ROOM ORGANISED BY WUHAN MUNICIPAL PEOPLE'S GOVERNMENT MANAGED BY WUHAN FOREIGN ECONOMIC RELATIONS ft TRADE COMMISSION SUPPORTED BY SINGAPORE CHINESE CHAMBER OF COMMERCE A INDUSTRY
      315 words
    • Advertisement
      Page 24 Advertisements Column 2
      95 24 Executive apartment Building. Tfie Princess Tozver Luxury in the heart of Surfers Paradise, Australia. Whole building for sale jSlllllP^ (10 strata-titled apartment units) I Fully furnished and fined MP^EIUm^P Guaranteed rent return |^|;C:lfniVVßll r o fl9PPTllVH^Stt of 7% nett for 2 years Ma imKQBFTIW'W^^K Cross floor area 1705 sq.m. Sale
      95 words
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  • Page 25 Advertisements
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  • Article
    America goes to war
    457 26 EDITORIAL WILL THE real Bill Clinton please stand up? On Friday, his 101 st day at the White House, the US president embarked on a collision course with America's leading trade partners. Setting aside diplomatic niceties, US Trade Representative Mickey Kantor (who is regarded as Mr
    457 words
  • WHAT THE OTHERS SAY
    • Article
      A war still to wage
      171 26 THERE ARE international aspects to religious extremism in view of cross-border operations by terrorists, trans-national linkages among militant groups, their anti-West sentiment, and the involvement of foreign sponsors. The Muslim world could benefit greatly from new global initiatives to deter terrorism, which would strengthen and
      171 words
    • Article
      Monitor prices in shops now
      134 26 SOME CONSUMERS have complained that prices of some essentials have increased in the past months. Although the Consumers Association of Singapore (Case) has so far not received any complaint from the public, it is important for Case to be on the lookout. While some shopowners
      134 words
    • Article
      Tragic times for Sri Lanka
      208 26 THE ASSASSINATION of Sri Lankan President Ranasinghe Premadasa will inevitably call to mind the killing of opposition leader Lalith Athulathmudali, who was also the president's main political foe. Both incidents took place just a week of each other and in public. Were the two incidents
      208 words
    • Article
      Get more foreign students
      172 26 DESPITE its over-rapid growth, the Malaysian education market remains small compared to other countries. The country's aspiration to become a centre of learning cannot be achieved through its own internal means alone. Academic prestige does not exclusively depend on a particular university's track record in the
      172 words
    • Article
      A unifying vision
      125 26 JUST FOUR short months away, Malaysia will be celebrating its 36th year of independence. The 18 million of us are citizens of a country we can all be proud of. In the storm-tossed sea of conflict, tension ans uneasiness all round us, Malaysia is on firm ground
      125 words
  • Article
    Lock icon Banks need to do their sums all over again
    1067 26  -  Carl Gewirtz discusses the new BIS plan to widen the scope of capital adequacy to include market risk as well as interest-rate risk Carl Gewirtz IHT Having spent the past four years scrambling to meet international standards on capital adequacy that
    IHT  -  1,067 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      74 26 MH tkilASkdfy AUGUST 11-15, 199 3 INGREDIENTS: •Hong Kong's largest food exhibition tor consumers -pesERV£ YOUR SPACE no W; •Over 200,000 visitors-Expected sales of US $2.4 million j "13,500 SQ.m. of exhibition space Up to 250 exhibitors. J I C=£<7 HONG KONG trade development COUNCIL ©UE WE CREATE OPPORTUNmES i
      74 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      137 26 I bp<cjc this rnoe*jir^G\(o. ipvptcp pa-re u l-ru-ar'cA HPNUG FLOU>J fMO-TMEI LOfV/ J V* 111 \ceorry SOMN'E-R ct-iwes... VC lAv BCD CM X \IO\MDQU) Sill j J x BWr' IMS wm MoSSe»SG-' H£S JuiTpiii*TKB»IG» K6BCWHER.. .j. OTI2A C«SMO*TtD»tW»A>tWIIP. W«HW Mi POONESBURY GARRY TRUDEAU MYGOP-. YES,U£ IES? HNS? 1 UMXXMBEENSE- ICM
      137 words
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  • ANALYSIS
    • Article
      Lock icon Return of the age-old Chinese art of contracting
      822 27  -  Ramon H Myers traces the development of the many hybrid organisations serving the burgeoning marketplace all over China Ramon H Myers The writer is a senior fellow at the Hoover Institution on War. Revolution and Peace, in Stanford. California IHT SINCE the
      IHT  -  822 words
    • Article, Illustration
      Lock icon Standing up and saying 'no' to Uncle Sam
      875 27  -  As East Asia's economic clout grows, Michael Richardson finds the region less inclined to accept American notions about democracy and human rights Michael Richardson IHT THE United States and East Asian nations appear headed towards a clash of values that could poison
      IHT  -  875 words
    • Article, Illustration
      The Clinton Administration's new trade war — with itself
      487 27 The Clinton Administration's new trade war with itself In an editorial yesterday, The New York Times looked at contradictory signals emanating from Washington about how to deal with US trade partners THE PRESIDENT calls for raising the tariff on Japanese minivans tenfold; his Treasury Department puts the proposal on indefinite
      487 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      45 27 mita(P) 101 8 92 M W »M H MAY VOL 17 No 5 1 993 $4 What it means £Ifor1 for slocks, property path to china and you AUSTRALIA INC CAN ARCHITECTS ,dgrvXmlli 111 I 1 GO REGIONAL? jgpTOy jIESDUBCES. EON .IfJUA I ON SALE
      45 words
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  • Article
    Lock icon China, HK, Taiwan seen linking up into economic giant
    380 28 Business leaders forecast integration of economies to become dominant power Reuter TAIPEI Business leaders from Hongkong and Taiwan, holding a conference here yesterday, predicted the integration of their economies with China to form one of the world's top industrial powers. Paul
    Reuter  -  380 words
  • Article
    Lock icon us manufacturing sector shrinks for first time in seven months
    336 28 Reuter AP AFP NEW YORK The US manufacturing economy shrank in April for the first time in seven months, according to a widely followed industrial survey released yesterday. The National Association of Purchasing Management said its April index fell sharply
    Reuter; AP; AFP  -  336 words
  • Article, Illustration
    Lock icon Yes ma'am, I'm the president
    61 28 Reuter WASHINGTON These days, you never know who you might bump into along Washington's streets. This female motorist stopped at a junction on Sunday and came face to face with President Bill Clinton, who was waiting to cross the street. Mr Clinton, who spoke briefly
    Reuter  -  61 words
  • Article
    Lock icon Britain may scrap May Day holiday
    176 28 Reuter LONDON Britain's May Day holiday, celebrated by traditionalists and workers, may be axed in favour of a day marking the sinking of the French fleet in 1805. Government sources said on Monday that Britain was considering scrapping May Day from 1995. The Times
    Reuter  -  176 words
  • Article
    Lock icon North Korea lists conditions for it to rejoin non-nuclear treaty
    296 28 Reuter AFP KUALA LUMPUR North Korea was prepared to rejoin the Nuclear Non-Proliferation Treaty if the US met certain conditions. North Korea's Information Minister Kim Gi Ryong said yesterday. He said the US must promise not to use nuclear force
    Reuter; AFP  -  296 words
  • Article
    Lock icon Clinton continuing to pressure Serbs to accept peace plan
    579 28 AP AFP Reuter WASHINGTON US President Bill Clinton yesterday said he is continuing to pressure Bosnian Serbs to accept a peace plan and is prepared to let US troops take part in United Nations peace-keeping efforts if an accord is reached.
    AP; AFP; Reuter  -  579 words
  • Article
    Lock icon Scepticism spreads in Japan over Yeltsin visit
    378 28 NYT TOKYO A general sense of scepticism is spreading in the Japanese government over the feasibility of a visit to Japan by Russian President Boris Yeltsin at the end of this month. Both sides are unable to bridge a gap on the issue
    NYT  -  378 words
  • Article, Illustration
    Constitutional changes: Yeltsin I should play by the book
    708 28  -  The Bottom Line LESLIE GELB LESLIE GELB The writer is a columnist for The New York Times, where this commentary first appeared IN THE WAKE of his victory at the polls. President Boris Yeltsin seems to be doing a very smart
    708 words
  • Article
    Lock icon Japan plans to hold national security talks with China for first time
    267 28 AFP TOKYO The Japanese government has decided to hold its first national security talks with China, the Nihon Keizai Shimbun newspaper reported yesterday. The business newspaper said the government planned to hold the talks by December with military
    AFP  -  267 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      63 28 f Singapore's most popular Nitsukof Telephone System J g 43,230 sq. ft. cleared land; V Approved Development Plan for 108,075 sq. ft buildable; 24 storey residential tower and 7 3-storey townhomes Excellent view of Northshore mountains, lagoon, park, marina and City; Walking distance to all amenities; g Price C$B.6M (approx.
      63 words
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      Page 28 Advertisements Column 2
      18 28 SINGAPORE com C 5 Distributor of the most sought after M Key Telephone System Tel: 278 7088 J
      18 words
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  • Shipping Times
    • Article, Illustration
      Cunard to base luxury liner, open rep office here
      432 29  -  By Ramesh Divyanathan SINGAPORE Britain's Cunard Line will base a luxury vessel and open a representative office in Singapore next year. Jaswant Lalwani, president of Cunard American International Cruise, Cunard's newly established Asian marketing arm, said at a press conference yesterday
      432 words
    • Article
      Firms to bid for Thai-Laos freight rights
      285 29  - Firms to bid for ThaiLaos freight rights By Paige Paramenther Paige Paramenther is a freelance writer BANGKOK Competition is about to heat up for the few transport and freight companies that move goods in and out of Laos utilising the Port of Bangkok. The reason is the anticipated mid-1994 opening
      285 words
    • Article
      Ngee Ann eyes tie-up with Norwegian firm
      257 29 SINGAPORE Ngee Ann Polytechnic could forge a research and development tie-up with a Norwegian industrial research firm, Marintek, to help meet some of Singapore's marine personnel requirements. The move was suggested by Ngee Ann principal Tan Gee Paw yesterday at a maritime technology
      257 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      875 29 Pa«e Col ABC Conlainerline 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 9 3 Bank Line. The
      875 words
    • Article
      Lock icon Cargo shipments to HK up
      277 29 South China Morning Post HONGKONG Incoming ships to Hongkong discharged a total of 15.6 million tonnes of cargo in the fourth quarter of 1992, an increase of 14 per cent over the fourth quarter of 1991. In the fourth quarter of last year, 7,208 ships
      South China Morning Post  -  277 words
    • Article
      Accord on S'pore-Johor ferry link signed
      355 29  -  By Rahita Elias SINGAPORE An agreement which clears the way for a ferry link between Singapore and Johor was signed here yesterday. The Port of Singapore Authority's executive director. Commodore (Res) James Leo, and Johor Port Authority's general manager. Damon Nori Masood, signed the
      355 words
    • Article
      NYK ship to join NOL's US east coast service
      225 29 SINGAPORE Japanese shipping giant Nippon Yuscn Kaisha will contribute a ship to a US cast coast service operated by Singapore national carrier Neptune Orient Lines in November. The move is in line with the partners' plan to upgrade the scrvicc from
      225 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        656 30 Vay No Btfft Arrival Dtparhie ftwej Voy Wo Berth >rrhnl Departut Jurong Port A<ma ***** po% 03® i63o 04®/i900 ASl 17/b 9 J2 alongside 0* 05 2300 As Haimony 301 P09A 04 05 0600 0705/0700 Batangas 56 M/5 atongs«Je 0405 1500 Biast* 1 A17/93 P03 0405/1500 0405/2300
        656 words
      • Article
        CONTAINER SCHEDULES
        1802 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Sap Voy No Containers avalable Ship Voy No CowtMwn avalablt 00a Fronbe 10W 02 05 93 1813 tsra Bhum 96N COO(EST) 03 05 93 2300 AkMrxte 18/181 02 05 93 1820 Smfri 910
        1,802 words
    • Article, Illustration
      Flag-state system refuses to raise flag of surrender
      754 31  -  Pressure is mounting for flag states as they face the threat of increasing port-state control, reports Andrew Guest Andrew Guest THE Norwegian shipping community was recently taken aback by the decision of shipowner Atle Bergshaven not to stand as expected for the
      754 words
    • Article
      THE SHIPPING GUIDE
      11756 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,756 words
    • Article
      SHIPPING AGENTS
      3372 43 A Xs.B( ontainerline N\: Bclsin Shpg Agencies Pic Lid (SV Marine handling Sdn Bhd (PK/PN). Accord (iroup: Xccord Shpg Pic Lid fSVAccord t'onlr Line (PK/PN) Adkris Business Corporation Philippine fc'alsource Shpg Trdg Pte Ltd (S) Ahrenkjel Liner Sen ice: Kim Shpg Trdg «L Sen-Air Sen ice: I-rata Shpg
      3,372 words
    • Article
      COURIER SERVICES
      282 43 Abacus (Miners Td: 545-8011. Fax: 545-1898 Air Express 1 ravel Td: 533-5771. Fa*: 535-6144 Airborne Freight C orporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Td: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. ('•ft-link International Td: 344-3377. Fax: 345-6450 Cluster link Supplies
      282 words
    • Article
      AIR FORWARDERS
      1513 43 Abex Express Freight Td: 542-7171. fax: *****84. Actinic Furwarder Tel: 225-1833. Fax: *****42. Act iv air Singapore Td: 542-7822 Fax: *****20. Aeroliak Freight International Td: 545-8033. Fax: *****05 Aerospeed Td: 542-5911. Fa*. *****18. Air Cargo Novo Fxpress Td: 542-5454 Fax: *****06 Air Fxpress International Td: 542-7666. Fax *****74.
      1,513 words
    • Article
      PORT CONDITIONS
      1743 44 ALBANIA Duress: Four vessels in port of which 1 discharging flour, I bulk wheat, 1 bulk coal. I tanker loading wine. ANGOLA Luanda: Port operating normally, with no delays and berths available. Lobito, Namibe: Both ports operating normally, but very low traffic levels. Soyo: Refurbishment of the Kwanda
      1,743 words
    • Article
      SHIP SALES & TANKER RATES
      1512 44 SHIP SALES TANKER RATES THERE has been more activity following the holidays in Europe, however the Japanese "Golden Week" holidays arc about to commence, and this will no doubt again slow down the movement. The handy size bulkers continue to dominate the market, with the Torm Alice 44,000 dwt and
      1,512 words
    • Article
      AIR FREIGHT SCHEDULE
      553 44 ARRIVALS DEPARTURES Op Flight Type ETA T Krom Op Flight Type LTD T To TODAY~ TODAY NCA KZ203 B747F 0145 I NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 t TYO KAL
      553 words
    • Article
      CRUISE & FERRY SCHEDULES
      315 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Dep Name of Vessel ETA L I D Ports of Calls Port Agent Telephone No MAY 03 03 Fantasy World 1000 1900 Sin-Phuket Lauw Sons Travel 227-8284 07 08 Fantasy World 1000 1900 Sin-Port Klang Lauw Sons Travel 227-8284 10 10 Royal Viking Queen
      315 words
    • Article
      DAILY FREIGHTS
      868 45 Tilt long weekend here and Golden Week holidays next week in Japan failed to eheck rates with levels in most areas of the market firm with e\cn Capesize rates starting to climb, brokers said. The Baltic Freight Index for spot dry cargo shipping rates rose to 1,554 on
      868 words
    • Article
      TRANSPORT DIARY
      1015 45 COURSES Title: Marine Legislation, Administrative Procedures Practices (SDF case-by-case basis) Duration: May 12 June 2 (4 evenings) Organiser: Singapore National Shipping Association Tel: For further details and application forms contact SNSA at tel: 278-3464 or fax: 274-5079 Title: International Freight Forwarding I (SDF 70%) Duration: May 13 July
      1,015 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon UAL said to be heading for profit, despite loss
        430 48 Reuter NEW YORK Despite a large first-quarter loss that had some analysts wondering about United Airlines' financial outlook this year, the nation's sec-ond-largest airline is still seen as flying in the right direction. Airline specialists say United's parent, UAL Corp. should
        Reuter  -  430 words
      • Article, Illustration
        Lock icon Spectacle of horror
        49 48 Reuter EL TORO, California An F-86 Tighter jet bursting into names on the runway in front of thousands of spectators at an air show at the Marine Corps Air Station here on Sunday. The pilot was killed. The cause of the crash is not known. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Union welcomes GM's early retirement plan
        281 48 Reuter DETROIT Opening the door to faster job reductions at General Motors Corp, United Auto Workers leaders say they would welcome a new early retirement offer for GM's hourly workers. At the UAW's collective bargaining convention in Detroit last week, union officials from GM
        Reuter  -  281 words
      • Article
        Lock icon Airfares cut again but still above those of last year's
        359 48 Reuter NEW YORK Americans will find plenty of bargains when they book summer airline tickets, but fares are still above the rock-bottom levels seen last year when recessionplagued carriers slashed prices. The latest domestic fare cuts hit the airline computer
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        Lock icon Japanese officials start probe into jet landing accident
        304 48 UPI TOKYO Aviation experts from the transport ministry launched an investigation on Monday into the cause of an accident at Haneda Airport in which 80 people were injured during an emergency evacuation from a smoke-filled jumbo jet. Smoke filled the All Nippon
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        Lock icon Aircraft lessor GPA Group acts to avert financial crisis
        686 48 NYT LONDON The GPA Group pic, the aircraft-leasing company that is the largest purchaser of commercial jets, is scrambling to avert a financial crisis that could leave the company crippled and even jeopardise its survival. Faced with a severe cash squeeze
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          Lock icon UK chief of Tunnel builder to quit: paper
          95 48 Reuter LONDON Joe Dwyer, the UK head of the Anglo-French Trans-Manche Link (TML). the consortium building the Channel Tunnel, is set to stand down, the Sunday Times and Observer newspapers reported. The paper said Mr Dwyer, also chief executive of British construction
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          Lock icon Iran, Turkmenistan set up shipping line
          71 48 UPI MOSCOW Iran and Turkmenistan last Saturday agreed on the establishment of a joint shipping line in the Caspian Sea, a company for the transportation of oil products, and reconstruction of Turkmenistan's oil refineries, the Iranian News Agency reported. The agreements were reached between
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          Lock icon Mitsui to stop selling Ford cars: report
          74 48 AFP TOKYO Japan's Mitsui and Co is to stop selling Ford cars here because of sluggish business, the Nihon Keizai Shimbun said yesterday. The move followed the Japanese trading company's cancellation of its dealership contract with Autorama Inc. a distributor of US Ford
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          Lock icon Delta seeks NY-Manchester service
          56 48 Reuter ATLANTA Delta Airlines Inc said it asked the US Department of Transportation for authority to operate daily nonstop service between New York and Manchester. England. "The airline said the designation of a new US carrier on the route would require an amendment of the existing
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1343 48 gn nm rr» nm rre Aku MmM GA893 1335 GA984 0150 MlWil QF81 1940 QF82 2055 town RJ182 2200 Amsterdam GA893 1335 SQ320 1100 KL837 1445 GA974 2215 KL838 2310 ktimm SQ348 2300 Auckland NZ35 1550 NZ36 2340 SQ286 2030 ijfcrate Gf 148 0905 I S«rt
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      22 29 If you want it thereJ yesterday, k MLm Fly H us today, a Jrjfc. j MarterASM f JT J* GRIFFIN KINETIC *****33
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      27 29 Lines and services represented by Members ol the Registry ol Accredited fso+J^jv\ Shipping Agents, Singapore jjl National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      164 29 International Freight Forwarder EUROPE LCL 8c FCL Services "^@@ooooo M+R FORWARDING PTE LTD Conflict between flag and port states, Page 3 UAL said to be heading for profit despite loss, Back Page HOW FAST 181 HE SIX? IF lIS DRAW YOU A MAR LONG BEACH KAOHSIUNG SINGAPORE HONG KONG LONG
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      437 30 TSKUNE AGENCIES (S) PTE. LTD. AhflHltl fI 1 |Z fmTp Tel: 226-3363 nl*s 1 •3«l\« BJIMr Fax:226-1972/3 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 1 exwiti ta hohckowg. uamx tmwm i aww -we wtatir i 1 1 —55—. 1 I** OCX WOlfT an **03.05 -05.05 04.05
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      1517 30 pwtcf tp u<a WTOQAyT tBCX-oow caupohwa gfcywmi 1 tp MfT »IB»TWM*Ctty (TWr CWTMW* 1 JOB WW r« u I an 1 M I HMTMI WI I w mow |nn WTIj IWK Ml IT— imm nM Kniß KM LMMft MBTMB J—k. NfPTUNI DIAMOND IX Mi 23 5 I S3 I MS
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      2068 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 f m uAsc/ft JM/7ED ARAB SHIPPING CO. (SAG) M To US East Coaat I wrc 1 ML I 0» Ml *1 (HMM* WOW M/l IVI 15/1 14/4 11/tt fMB NOMK M/ 5 !l M/ 4 1/7 V 7 Ml SM MOW 7/*
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      1952 31 ■UIiViHiHUWH RUSSIA NEXT SAILING LINDOE MAERSK V.9306 ETA SIN 6TH MAY 1993 TOKYO BAY V.5564 ETA SIN BTH MAY 1993 VetM Voy ETA ETD Feeder by DESTINATIONS Thn m* MARGRCTME MAERSK 9306 I'-'ll'f IiPTWBre! u/05 oaoo mrs CFS 10/05 2359 MRS JOH IPK PEN OAK IGB MOO MEM ATL MIA
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      1517 32 AQABA RDAM/I [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE lEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA KAGA 23/117 6/5 22/5 25/5 23/5 Poft Kelang. Penang LUDWIGSHAFEN EXPRESS 07/317 8/5 17/5 23/5 26/5 29/5 31/5 2/6 Paslr Godang KASUGA 1 26/1)8 13/5 29/5 1/6 30/5
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      586 32 FCL Break bulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for ail services C.I.S.- Vostochny, Vladivostok. Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocT^Trans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder Vessel ITA MM VILLE DE TITANA
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      1388 32 uit REGULAR INDEPENDENT PULL CONTAINER SERVICE I VSL/VOY SIN ALQ BCL* VAL* LHA HAM BRE# ROT ANT# FEL I I NORASIA SUN 9317-3 11/05 01/06 02/06 03/06 04/06 06/06 07/06 01/06 09/06 10/06- I NORASIA PEARL 9311-3 20/05 11/06 12/06 13/06 14/06 16/06 15/06 17/06 IS/06 19/06- I ARABIAN SEA
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      2062 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line £iPQBw (a service of china navigation CO) CARGO DUE SAIS ngT STRAITS PRIX Vl2t Muara. tab 30 tO3 May 04 May 05 May FC L LCL CONTAINER AMO BftEAKBULK
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      2611 33 m SINGAPORE AGENT: p&0 Containers (Singapore Agencies) Pte Ltd 111 W VjllllLulllvl O 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 v CR Number: **********0Z EXPORT IMPORT VESSEL VOY -PMO P*a SM *LO SOU AWT HOT HAM VESSEL
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      737 34 i^iwi I INPONEsi^AttONA^N^^^ TO EUROPE iiM I [«t Iwt stok now7jm wmwl wool wnwof I WIMW ~34 WB 5 8/5 5/6 8/6 10/t 14/8 EAST COAST POfiTS VSIVOY PKL STOW SYD MILB BWS If« AOEI nmo HtMWH 76S 7/5 1/5 22/5 25/5 WO AjgWjUA 44S 21/5 20/5 5/6 »/< 2/t
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      2023 34 (g) HANJIN SHIPPING FMVSI SM I L»C HAUL SEA POI FOR VSI SM IIME HAUL SAV HM NYC HANJIN TONGHAE 100E 6 5 WRECT 27/5 HANJM 17/6 11/S 20 6 HANRN ROTTERDAM 022E 13,5 OMECT 3/6 5/6 HAN« WTTEROAM 022 13/5 M EW(TE 007E 17/« 11/6 20 6 HANRN FELIXSTOWE
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      1567 34 f J d I eT"T3"3^"lft Inu ser ksc wc uc ns wiosknctsmz no uu as in mcuw wmmnr «c rs> cm no. I I GEMU «Ml 4/5 C/S 11/S 12/5 14/S 17/S 11/S 21/S 21/5 22/5 24/S 4/C 11/ C 11/ C 19/ C 79/ C M/C 1/7 2/7 J/7
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      1759 35 IH7 1 SCX: 'NEPTUNE DIAMOND 13E' ETA SGP 05/05/93 II 11 ARRIVING LOS ANGELES 23/05/93 IN 17 DAYS II AEX 'NEPTUNE AZURITE 09E' ETA SGP 12/05/93 II I yr II ARRIVING NEW YORK 04/06/93 IN 22 DAYS TO PNW. USA inland vomrs wc*UFomu.now*inJMOPOMT9.AnMTiemmL* J U FEEDER VSL VOY SGP MOTHER
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      1052 35 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 WtSTBOUND-LOW»6 TMCHFfO)
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      1603 36 AS AGENTS: KAWASAKI SINGAPORE (PTC) LTD (CM No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I li 1 MALAYSIA *1" LINE MARITIME (MALAYSIA) SON BHO I M I P V TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I INDONESIA: P.T. SAAANA LAUT INTCANUSA. TEL.
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      661 36 PHI LI Ottlf NT LINGS PU LTD r 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Teiex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE I 8 MAY SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 12 MAY AUCKLAND. WELLINGTON. LYTTLETON. NEW
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      406 36 GOLDEN LINEN LftoV GUAM GUAN SHAPING lCNs><\ (PTE) LTD W S 23, TM »y« Strwt SMQMH 01M TEL: *****0S (U IMS) Fa: 5J435M (CI N* **********08) 6TRAIT6/HKSIAM OULT lUTICT S pore P Keiang Penang TtAtt 6*»Cf Much Ma S/l« Mar GQUXM KM Karachi Cuba 20 24 Mar CHINA IMITICT GOIOCM
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      914 37 (SSBSgllg PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSS 140 Cecil Street, #03-00 PIL Building, Singapore 0106. |SBBlB W CR NO **********0E I I I I— 1 VESSEL VOY SIN HKQ SIN CMB JIB MOO JED AQJ KOTA SING A SGAO2S 6/5 17/5 1»/5 23/5 KOTA WIRAWAN WRNO2S 8/5 12/5 1«/5 23/5
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      1309 37 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY p|p GUDANG| PENANG PKELANG| OCEAN VSL/VOY SIN SOU (1» RTM (2) HAM (3) GOT (4) E 30/4 30/4 1/5 JUTLANDIA 3162 4/5 21/5 23/5 24/5 26/5 E D E R f E XIIII I I I 1 I NOTE 1) SOU —LE HAVRE/BELFAST
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      325 37 BSA° TR AN SPO RTATION M MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen PGd| MERGU VIIIW 09/11 Mjy HPA AN VI9OW 09/11 Mj» PAGAN VI97W 15/17 Miy PATHEM VI23W 17/19 May MAIAVSA AGENTS BOUSTEAD SHPPWG AGENCCS All TU 03-*****00 PKL T€L 03
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      1687 40 Full Container Liner Services **»»-< Centra/ Aienls: Booking Agents: Com Gppp Shipping Up BM Chung Chipp Shipping $4p BM P.I. Global Pirtra Ipdppttip Moritim Costar Shipping Me Ltd 58 uua uld mim.mfm. ji m h iwu iu/u 2 Mistri Road 47 H»« Street ***** Port Wang fflsma Steoftens Jakarta Pusat
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      171 40 IBS HILL&DELAMAIN(S) PTE. LTD. TEL: 271 MM FAX: 271 iHi OUR NEXT SAILING FOR LCL FCL TO PORT LOUIS/DURBAN/JOHANNESBURG/CAPETOWN ON 08/05/93 CALL PAULINE or SHERYL at *****66 Hffjl SHINYEI SHIPPING (S) PTE LTD lUtg 10 ANSON ROAD #15-01/02 INTERNATIONAL PLAZA SINGAPORE 0207 CR NO: *****M0000N HOT LINE: *****3$ (8 LINES)
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      437 40 VESSEL VOT JAKARTA SPORE BANGKOK MANILA GUAM SATAN I OCEANU EXPRESS 83 MAT 2t JUN 1 UN I JUN 13 KM IS j OCEANU EXPRESS 14 M(25 ML t UII Ul3 VESSEL OCEANIA EXPRESS 13 MAY 21 ASIAN LIT ¥.52 JUL t UIOU 13 Ul( I OCEANU EXPRESS S3 MAT
      437 words
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      634 41 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 10/05 ROTTERDAM 05/05 AARHUS/COPENHAGEN 10/05 HAMBURG/BREMEN 10/05 MARSEILLE/FRANCE 06/05 FELIXSTOWE/UK 06/05 BARCELONA/SPAIN 06/05 LEHAVRE/FRANCE 10/05 GENOA/ITALY 08/05 ANTWERP/BELGIUM 07/05 LOS ANGELES/WC/IPI 00/05 SYDNEY/MELBOURNE 07/05 NEW YORK/EC 06/05 FREMANTLE/ADELAIDE 06/05 VANCOUVER 05/05 BRISBANE
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      776 41 S^^^^RICMnt^nKRIM^SEMCIES(S)PTELTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) Pt'\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA LOADING FOR SPORE ABYOT 32M8 ?6 05 DAHESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA NET SANE T 30WB 30 06 DAHESSALAAM MOMBASA DJIBOUTI ASSAB
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      683 41 JAKARTA BANGKOK vcsaa I wr I aw I it I Jkmel Ivor swsamk sawbkok GURU BHUM II9S 5/5 1/5 PIVA BHUM 21 IN Tut 4/5 fri 7/5 BRA BHUM OIS 7/5 fI/5 G. ROfINTSEW 25N Wd 5/5 Ut 8/5 THAHA BHUM m i 75 wT~ MAHA BWM 156N Ned iji
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      334 41 I j|s|jl wr-ue BAY OF BENGAL SERVICES KSSEI Ml MM TCU M*o* KM 05-oi/05 Ul3 04 1» 20/15 THJt BROS Z5S* IVK/M 22 21/15 2130/05 ICQ SIM MN 12 13/05 1» 20 05 2* 27/05 cm BORMCH 251 17 U/05 05 31-01/0t *SStl ¥OT SM CM. SW MMURS WUfl VACM
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      1596 42 ■LASMN CONTAINER LINES I "K=/\"l A 9 ent9: MAC-NELS SPORE: *****22 (24 LINES) V i\y VUc/R No: **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/UKC/MED PORTS PEN PKL SIN 3 SAILINGS/WEEK PEN PK SIN 6/5 7/5
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      233 42 w BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKI LYT SM PROSPECT 24S 15/5 28/5 30/5 15/6 N Z STAR 7S 25/5 6/6 8/6 25/6 PREMER 24S 8/6 21/6 23/6 8/7 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH.
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      1008 42 f THONG SOON LINK PTE. LTD.] Ms 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 •Kr TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVEWTIONAL/CONTAHtttB BOOKING LINE: *****W VESSEL VoT"*" S PORE PEST VESSEL VOY S POKE PEST EQUATOR 111 87/3E 05
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      24 44 NEED A SERVICE? miriMswiwcussira Let your fingers walk to the service professionals listed in our service directory of The Straits Times cats Classified. 737-1166
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      53 45 "ffie E/aoj-tlve Housekeeper -this hotel) O vVU; I wants is me. Bob I'll never nglec-t I r Any Job. Any Career. Available Any Day. Any Time, anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU
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      22 45 (fw"' EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINGAPORE# rn Business Times WE KNOW ASIA
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      798 45 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 2900 )R 20 1 4 10 0 7 06 0 7 10 15 22 26 2 7 26 2.2 1 7
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      599 46 Ewood line SOUTHERN AFRICA SERVICE SPORt PI DSN CI •VWTA ***** 5/5 19/5 26/5 3/6 *M.SO CALLS E.L. AND P.E. PK SEAFIX SHIPPING SON BHD TEL M 7 552STLX. ***** K.K.: CAPRICORN FREIGHT SERVICES TEL 213 202 TLX. 812 M SECIL MARITIMA, U.E.E. Xfl* Luanda, Angola. FAR EAST/ ANGOLA SERVICE
      599 words
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      Page 46 Advertisements Column 2
      820 46 A fiBBSEfc EES FREIGHT SERVICES PTE LTD UIH _1 #01-60 Wallich Building. Singapore 0207 Hill -M fl| Tel: *****66 (10 Lines) Fax: *****69/*****44 AIRPORT OFFICE: *****11 *****13 (FAX) IMPORTING FROM USA WE PROVIDE WEEKLY SAILINGS WITH FAST TRANSIT TIMES AND LOW INLAND RATES ENQUIRIES: SHIRLEY/ZAINAB/ROGERS CONTAINER LINE, LTD. CHICAGO NEW
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      Page 46 Advertisements Column 3
      224 46 WORLDGATE EXPRESS UNES PTE LTD '#r x Tel: *****11 Fax: *****73 Telex: ***** WGATE NEXT VESSEL CONSOLIDATION TO BOM/KAR 1/5 KEELUNG 5/5 COLOMBO 4/5 HONG KONG 3/5 PORT LOUIS 6/5 KAOHSIUNG 5/5 X CHITTAGONG 1/5 BANGKOK 5/5 CALCUTTA 3/5 PKG/PEN 6/5 MADRAS 3/5 JAKARTA 4/5 I BANGLADESH SHIPPING CORPN. j
      224 words
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      859 47 4 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE I VESSELS VOY PNA PKE PCD VESSELS VOY~ SK RTM ANT* LEH* HAM BREI EEL HMM ADVANCE 16A 04/05 05/05 06/05 H. EXPLORE* 305*1 09/05 2S/05 28/05 29/05 30/05 30/05 01/06 HMM ADVANCE 17A 11/05 12/05 13/05 H. CHALLENGER 304H
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      Page 47 Advertisements Column 2
      506 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO 4 HEAVY LIFTS I IHBOUND VESSELS nssti mt sr n rk u caict oa* i in iz/s us REISWI 1* 1«/S H i MA IS S COSMC CHALKKtR M II S II i D 4841 14/S COS44C MASTER 21 13/5 15/5 TAHWM [HAS
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      Page 47 Advertisements Column 3
      1093 47 OUR USA I73TS p; \m I— In, |ui jOM I MI I MI lot. I mm |*TC SERVICE CALLS mm mm nm ii/iT *uuim m*u uuti~ imw n/» w wIT nit "kJk annm a w SINGAPORE mmm urn ur> mm uu/4? mo mm mm mm«m m m «i/m mm DIRECT
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      73 48 ml mk u I I kmituur>i M.V. ■BROTHER STAR- VOY. S Arrived 24ih April 1993 m.v. "CALAYAN IRIS* VOY. 2 Arrived 26ih April 1993 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the sth May 1993 0900-1200 hours
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      Page 48 Advertisements Column 2
      49 48 s® Fly FinnaiVs 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. We know the world from start to Finnish.
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