The Business Times, 11 May 1993

Microfilm: NL18527
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE BusinessTimes MITA (P) 552/12/92 Tuesday May 11 1993 WE KNOW ASIA 75'
    13 words
  • 2am LATEST
    • Article
      Lock icon France to unveil new Gatt policy
      95 1 Reuter BRUSSELS Franco's new ccntrc-right government told the other 11 European Community states it had completed a review of its Gatt stance and would detail it in a memorandum by the end of this week. "With this memo, we will define our main priorities
      Reuter  -  95 words
    • Article
      Lock icon Ceasefire between Croats, Bosnian govt
      42 1 UPI BELGRADE The leaders of the Croat and Bosnian government factions battling in central Bosnia-Herzegovina agreed to a ceasefire after nearly two days of intense fighting with tanks, howitzers and mortars around the town of Mostar. UPI
      UPI  -  42 words
  • Article, Illustration
    MARKET SUMMARY
    113 1 Stock market indices Monday Change STII 1.772.02 -2.80 KLSE Composite 716.54 +3.59 Nikkei 21.054.71 +243.35 Hang Seng 6,739.23 -62.42 SET Index 841.84 -3.55 Jakarta Composite ...316.37 +1.30 CLSA China B 1.266.97 -2.15 Ausl All Ord 1,672.0 -13.3 FFSE 100 2.829.8 +36.1 Monday Previous I pm close Dow Jones
    113 words
  • Article
    STIC launches novel IPO aimed at wide spread of investors
    626 1  -  By Genevieve Cua SINGAPORE More than 60,000 investors can be assured of owning a piece of Singapore Technologies Industrial Corporation, which yesterday launched a novel initial public offer of 170.6 million shares. In a scheme th£t seems set to be
    626 words
  • Article
    Creative Technology to buy another US company for US$11m
    367 1  -  By Joseph Rajendran SINGAPORE Creative Technology has agreed in principle to buy US-based Share Vision Technology for US$ll million (5517.7 million), its second major US acquisition in just six months. Creative, headed by chairman and founder Sim Wong Hoo, hopes the
    367 words
  • Article
    Chok Tong urges Japan not to withdraw peacekeepers from Cambodia
    323 1 TOKYO Japan will signal to the world that it wants no part in international politics if it withdraws its peace-keeping force in Cambodia. Prime Minister Goh Chok Tong told reporters yesterday. "This is Japan's first peacekeeping operation and the whole
    323 words
  • Article
    Prices of Singapore terrace houses up 11.8pc in 1st quarter
    394 1  -  By Sylvia Wong SINGAPORE Strong interest in landed properties has pushed up private property prices by 5.2 per cent to 141.0 points in the first quarter of this year. The Urban Redevelopment Authority's latest figures for its private property price
    394 words
  • Article
    Lock icon Li Peng misses another public function
    138 1 AFP BEIJING Chinese Prime Minister Li Peng failed to appear at a public function again yesterday, two weeks after he was first reported to be ill. indicating that his state of health was much more serious than officially announced. News of the state of
    AFP  -  138 words
  • Article, Illustration
    Lock icon S'pore, Tokyo agree on plan to help developing nations
    520 1  -  Prime Minister Goh in Japan From Chuang Peck Ming in TOKYO SINGAPORE and Japan have agreed on a partnership plan to help developing nations wanting to "move up the development curve travelled by Singapore". The move was announced yesterday by Prime
    Photo by Yow Yun Woh  -  520 words
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      190 1 I Introducing the WORLD'S SMALLEST I LIGHTEST Camera NEW NIKON AF6OO JH iNikonl THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Nikon Camera Centre Super Photo i #03-26 Orchard Point Tel: *****81 /*****16 CONTENTS News Companies Spore News 2 S'pweM'sia 11.12.13 Regional News 3.4.6 Financial 15.16 Woncl News 9.10 Features Marliets Analysis 29
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      7 1 Property Construction Architects' regional woes Pg 27
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      21 1 Hock lA)ck Siew Happv days over for Thai brokers? Pg 9 I ntac rejects Tokyo's request to move officers, Pg 3
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      8 1 Cascadalc condos all but sold out, Pg 2
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      71 1 The Bottom^Jm^ ItS a to IWb&kfk'/U Back Pk Singapore businessmen think China has the most to offer, Back Page HUBLOT Hublot a Sensational Feeling on Your Wrist. l-.n Ril Ml -(V-.V 4 4 !l\ < P'K OliS C"-l C( 'Ht SolTH* IPM R PR'P Hi UK Cl Kl Rl'.l'.'l'OMO El
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      34 1 Introducing the WORLD'S SMALLEST UGHIESTComera NEW NIKON AF6OO VNHmil THE WORLD'S FINEST PHOTOGRAPHC SYSTEM Nikon Camera Centre Super Pholo #03 26 Orchard fort Tel: *****81 /*****16 Asian leaders to meet in Tokyo, Back Pr
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Domestic growth may be hampered
        251 2  -  By Paul Leo GROWTH in money supply, M 2, continued to decline in February, falling from 12 per cent in August to about 7 per cent. M 2 comprises currency in active circulation and demand deposits or Ml and what's known as quasimoney. The latter
        Source: MAS  -  251 words
    • Article
      Brisk container business sends PSA revenue up 3.2pc to $484m
      525 2  -  By Lee Han Shih RIDING on the growth of its container business, the Port of Singapore Authority (PSA) turned in a surplus of $484 million last year, a rise of 3.2 per cent from the previous year. According to the
      525 words
    • Article, Illustration
      Cabin crew execs demoralised, says union
      468 2  -  The SIA industrial arbitration case By Ramesh Divyanathan SINGAPORE Airlines' in-flight service has slipped because cabin crew executives (CCEs) are demoralised, according to a union official. Regi Wong, general secretary of SlA's Air Transport Executive Staff Union, told the Industrial Arbitration court yesterday: "In-flight
      468 words
    • Article
      Profit margins remain thin for chemical trade
      304 2 WEAK PRICES continued to squeeze the profit margins of Singapore's chemical industry in the first quarter of the year despite a pick-up in demand in some sectors. The Singapore Chemical Industries Council (SCIC) said in its latest quarterly review that prices might improve
      304 words
    • Article
      Another condo project almost fully sold
      326 2 THE CASCADALE is the latest condominium project to ride high on the residential property boom, with 130 of its 134 units sold just five days after its launch. Marketing agent Yamasin Enterprise said there were numerous enquiries even before the project was launched. On
      326 words
    • Article, Illustration
      High-level Chinese officials on trade visit
      440 2  -  By Schutz Lee TWO high-level delegations from China are in Singapore this week to strengthen bilateral relations on the financial and direct investment fronts. Li Guixian, state councillor and governor of the People's Bank of China, and Wu Yi, minister for foreign trade and
      440 words
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      73 2 Protect Your Computer Investment. Buy An Epson. EPSON IWCoKk IBeau It l rankl ira's great great great great great great great grandson,! Scott Toomey, w itk his Coach Attache. t $1,199 (CQACH°) AN AMERICAN LEGACY Scott Toomey is a Russian scholar and an attorney in Philadelphia He's carrying the Coach
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      8 2 Appointment Ads Help You Find The Right Candidate
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  • THE REGION
    • Article, Illustration
      Two more generals leave Ranariddh's party for Hun Sen's
      457 3  -  Latest defection a blow to Funcinpec From Harish Mehta in PHNOM PENH TWO MORE top military generals have defected from Prince Norodom Ranariddh's party and joined Prime Minister Hun Sen, dealing a blow to the prince just two weeks ahead of
      457 words
    • Article
      Lock icon Manila heading for showdown with IMF over economic programme
      501 3 IHT MANILA The Philippine government's bid to rescue its struggling economy is making strong progress, but a showdown looms with the International Monetary Fund, which has gradually lost patience with what is known as the "sick man of Asia". Continued IMF
      IHT  -  501 words
    • Article
      Lock icon Untac rejects Tokyo's request to shift police officers to Phnom Penh
      385 3 AFP TOKYO The United Nations Transitional Authority in Cambodia (Untac) has rejected a request to shift Japanese police officers to Phnom Penh. Chief Cabinet Secretary Yohei Kono said here yesterday. But Untac chief Yasushi Akashi told visiting Japanese Home
      AFP  -  385 words
    • Article
      Lock icon Thai farmers to bring rice price protest to Bangkok
      374 3 AFP BANGKOK Farmers from 11 Thai provinces, organised by opposition Members of Parliament. plan to bring a protest over the low price of rice to Bangkok later this week, news reports said yesterday. The farmers planned to descend on the capital
      AFP  -  374 words
    • Article, Illustration
      Lock icon Ghafar denies talk of federal rule in Kelantan
      242 3 Reuter KUALA LUMPUR Malaysia's deputy prime minister yesterday quashed rumours that the federal government is planning to impose direct rule in opposition-held north-east-ern Kelantan state. "The (ruling) National Front (government) is not greedy for power." Ghafar Baba was quoted as saying by
      Reuter  -  242 words
    • Article
      Lock icon Indonesia hoping to breathe new life into NAM
      490 3 Reuter NUSA DUA, Bali Indonesia, chairman and host to the Non-Aligned Movement (NAM) at a ministerial gathering this week, hopes to breathe new life into a grouping better known for rhetoric than concrete action. Foreign Minister Ali Alatas. speaking to reporters ahead
      Reuter  -  490 words
    • Article
      Lock icon Ex-party boss calls for anti-corruption purge in Vietnam
      290 3 Reuter HANOI A top Vietnamese communist yesterday called for a purge of corrupt party members and said their crimes threaten its grip on power. Nguyen Van Linh, who headed the party from 1986 to 1991 and is now an adviser to the
      Reuter  -  290 words
    • Article
      Lock icon US envoy's trip key to defining ties with Beijing: analysts
      465 4 Senior officials will press Beijing's case for MFN status during Lord's visit Reuter BEIJING With one month to go before President Clinton decides on China's Most Favoured Nation trade status, this week's visit of envoy Winston Lord to Beijing will
      Reuter  -  465 words
    • Article
      Lock icon China advisers criticise Patten's US trip
      259 4 Reuter HONGKONG Local advisers to China have attacked Hongkong Governor Chris Patten's recent US visit as an attempt to internationalise the Hongkong issue and earn personal political credit, a Beijing-controlled newspaper said. "Patten kept spreading misleading remarks during his visit to the US," the
      Reuter  -  259 words
    • Article
      Lock icon Liberals' proteges to head China's youth league
      244 4 South China Morning Post HONGKONG Proteges of the late liberal party chief Hu Yaobang have been picked to head the Communist Youth League, traditionally the training ground for top party and government positions. The 13th congress of the league, which closed in Beijing
      South China Morning Post  -  244 words
    • Article
      Lock icon Beware of Beijing's tactics, Taipei negotiator warns
      162 4 Reuter TAIPEI High-level talks between China and Taiwan last month showed Beijing is willing to sacrifice its economic interests to make political gains, a senior Taiwanese negotiator said yesterday. "The Chinese Communists can sacrifice their economic interests in order to achieve their political
      Reuter  -  162 words
    • Article
      Lock icon Democracy to benefit in long term after Deng dies: Taiwan official
      413 4 AFP TAIPEI The death of paramount leader Deng Xiaoping may be followed by a period of chaos in China but could be beneficial to political democracy in the long term, says Chen Chien-Jen, overseas affairs director of Taiwan's ruling
      AFP  -  413 words
    • Article
      Lock icon China drafts minimum wage legislation
      219 4 AP BEIJING China is drafting legislation to set a nationwide minimum wage now that companies have been given the right to decide their own payrolls. an official newspaper said yesterday. The regulation is part of the government's efforts to protect workers' rights while giving enterprises
      AP  -  219 words
    • Article, Illustration
      Lock icon Looking East
      42 4 Reuter SHANGHAI A young girl, one of hundreds dressed up as "Dong Dong" (East East), the mascot for the First East Asian Games, trying on a visor as she waited for the games' opening ceremony to start on Sunday. Reuter
      Reuter  -  42 words
    • ASIA NOTES
      • Article
        Lock icon Iran and Malaysia in palm oil deal
        87 4 UPI KUALA LUMPUR Iran and Malaysia are expected to sign a memorandum of understanding for extending a credit facility of US$5O million (5580.5 million) to the Islamic republic for the purchase of palm oil. Foreign Affairs Minister Abdullah Ahmad Badawi said yesterday. The
        UPI  -  87 words
      • Article
        Lock icon Aims for KL's Cambodia peacekeepers
        81 4 Reuter KUALA LUMPUR Malaysian soldiers serving as UN peacekeepers in Cambodia are to get more firepower. Defence Minister Najib Razak was quoted by newspapers as saying yesterday. Malaysia would send short-range mortars, machine guns and other weapons to its forces stationed in Battambang province, he
        Reuter  -  81 words
      • Article
        Lock icon China's Defence Minister on Asian tour
        75 4 Reuter BEIJING General Chi Haotian, a Chinese State Councillor and the Minister of National Defence, left Beijing yesterday for an "official friendly visit" to Laos, Vietnam and Malaysia, Xinhua news agency said. Mr Chi s exact schedule was not immediately available. Many military analysts
        Reuter  -  75 words
      • Article
        Lock icon Hundreds feared dead in Bangkok blaze
        93 4 Reuter BANGKOK Hundreds of workers may have perished yesterday when fire swept through a four-storey toy factory on the outskirts of Bangkok. Speaking at the site of the blaze, 15 km south-west of ccntral Bangkok, Thai Prime Minister Chuan Leekpai said" "Nobody knows how
        Reuter  -  93 words
      • Article
        Lock icon Marcos' son rejects burial conditions
        110 4 Reuter MANILA Former President Ferdinand Marcos' son yesterday rejected government demands that his father's body be flown directly to the northern Philippines for burial and insisted he be given honours fit for a former president. His remarks threw into doubt a tentative deal with the
        Reuter  -  110 words
    • Article, Illustration
      Lock icon Two more join Pakistan's interim Cabinet
      315 6 Strength of caretaker government increased to record size of 60 AFP ISLAMABAD Prime Minister Balkh Sher Mazari has inducted two more Cabinet-level officials, raising the strength of his caretaker government to 60, officials here said yesterday. Mr Abdul Ghafoor Hoti was sworn in as
      AFP  -  315 words
    • Article
      Lock icon Benazir denies giving up political ideals
      263 6 Reuter LONDON Former Pakistani prime minister Benazir Bhutto denies that she has sacrificed her political ideals by working with the president who dismissed her government and accused her of corruption. Ghulam Ishaq Khan, who sacked Ms Bhutto's 20-month government in 1990. appointed an interim
      Reuter  -  263 words
    • Article
      Lock icon Indian govt postpones planned new borrowing from IMF
      467 6 Reuter BOMBAY India is postponing new borrowing from the International Monetary Fund (IMF) so it can use the money later when it expects to have a more serious balance of payments problem, central bank officials said yesterday, India had been planning to
      Reuter  -  467 words
    • Article
      Lock icon Australia to query Indonesia over abduction case
      375 6 Reuter Bernama CANBBMA Australia will ask IndonWa about the involvement of its military officials in the abduction by a Malaysian prince of his two children from their Australian mother. Foreign Minister Gareth Evans said yesterday. Australia moved last week to have Prince Raja
      Reuter; Bernama  -  375 words
    • Article
      Lock icon Bangladesh plans ambitious export targets for next 2 years
      243 6 AFP DHAKA Bangladesh plans to raise its export targets to an ambitious US$2.9 billion (554.7 billion) and US$3.5 billion for the coming fiscal 1993-94 and 1994-1995, respectively. officials here said yesterday. The government has decided to recommend the higher targets for
      AFP  -  243 words
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      94 3 SINGAPORE AUSTRALIA C4MHM EUROPE HONG KONG NEW ZEALAND •U.K. (AS. 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 service conference room courier/postal sen/ice/photocopying service DRAKE International recruitment sen/ices also provide: temporary
      94 words
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      163 3 Ocean Towers 20 Raffles Place A Landmark Address That Commands The Best Names In The Business DREW NAPIER MORGAN GRENFELL ASIA GROUP mmmmm STRAITS STEAMSHIP LAND HONGKONGBANK j—■—————* BARING SECURITIES W OWG 4 AD VAN I (S) PTE LTD TOKYO LEASING ARAB BANKING (S) PTE LTD CORPORATION I GALAXY ENERGY
      163 words
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      851 4 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 GOLDEN PLUS HOLDINGS BERHAD (Incorporated In Malaysia) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at the Kedah Room, Basement 2, Shanari-La Hotel, 11, Jalan Sultan Ismail, *****
      851 words
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      221 5 An advanced air-conditioning system that tenants can control themselves to suit their specific needs even a fter trunking system ill 111 passenger lifts that arrive in under 30 seconds. And advanced Kj^lniBß^^Hj^U: security systems %y \y Savu Tower 2 Completion Due October 1993 for a jafe business environment. o '•••;<>
      221 words
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      419 6 The best laser printer. m l2£\ The new Epson EPL-5000/5200 laser printer. More, or less. Where a good laser printer should be more. Where a good laser printer should be less. Either way, the new Epson EPL-5000/5200 SPECIFICATION EPUS2OO CLOSEST comes out tops. SPECIFICATION EPL-5200 CUWEST COMPETITOR COMPETITOR The tact
      419 words
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      481 7 w |L ▼I' I W' I Tap earning I I II potential of your JL JL JL JL JL CPF savings with the UOB Group's fl<¥ k A IV'"\¥ United Growth Fund. I II I U I Have you ever thought about the returns you I I M are getting
      481 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon While some see half-empty glasses...
      785 8 US-China agreement NYT BEIJING To etYusive congratulations, the US and China have reached a series of agreements in the last few years aimed at resolving disagreements in areas ranging from trade to human rights. Now those agreements are generating their own disputes about whether China
      NYT  -  785 words
    • Article, Illustration
      Lock icon Standing firm in face of attacks from the West
      707 8 Vietnam: Democracy, human rights Reuter HANOI Vietnam's leaders, responding to the collapse of communism in Europe by liberalising the economy, have drawn their battle-lines for arguments with the West on human rights and multi-party democracy. The stand now emerging from pronouncements
      Reuter  -  707 words
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      148 8 HBHHA M~t 'A K Last Year, Korean Air Cargo Was Delivered On Schedule 99% Of The Time. We Apologise. We may have worked through the night 365 days a year, added to our flight schedules (now up to 100 pure cargo flights weekly), speeded up processing with a worldwide computer
      148 words
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  • THE WORLD
    • Article, Illustration
      Lock icon East German strike sparks spontaneous protests in west
      336 9 Reuter BERLIN Thousands of engineering workers in western Germany staged spontaneous protest demonstrations yesterday to support the controversial week-old strike in the east over broken management wage promises. The 1G Metall union said that 22,000 workers at four Daimler-Benz plants near Stuttgart
      Reuter  -  336 words
    • Article
      Lock icon Israeli cabinet crisis close to resolution ahead of M-East talks
      352 9 AP JERUSALEM Prime Minister Yitzhak Rabin's government appeared to have weathered its worst crisis yesterday as battling left-wing and religious coalition partners approached a compromise. "We believe the crisis is close to an end," said Rabin spokesman Gad Ben-Ari. Problems
      AP  -  352 words
    • WORLD WATCH
      • Article
        Lock icon Paris still against Gatt proposals
        73 9 Reuter BONN French ambassador Bertrand Dufourcq told German radio on Sunday that France could not accept current proposals for a world free trade pact under the General Agreement on Tariffs and Trade (Gatt). The ambassador said there were still differences between France and Germany on
        Reuter  -  73 words
      • Article
        Lock icon No more R&D subsidy for UK industry
        71 9 Reuter LONDON Industry will have to do more for itself because the government has no more money to help with research and development, a government minister says. William Waldegrave, who has responsibility for a policy paper on science and technology about to be
        Reuter  -  71 words
      • Article, Illustration
        Lock icon One Russian's suit of armour
        38 9 Reuter MOSCOW A veteran of the Soviet Army displaying his medals during Victory Day celebrations in Moscow on Sunday. Thousands of communists and nationalists marched to Red Square to mark the occasion. Reuter
        Reuter  -  38 words
      • Article
        Lock icon Cyprus rejects call to return Nadir
        53 9 Reuter ISTANBUL Turkish-Cypriot leader Rauf IX'nktash said his breakaway northern Cyprus would not surrender fugitive businessman Asil Nadir to Britain. He compared Nadir's case to one in which he said Britain had refused to hand over one of its nationals accused of heroin smuggling
        Reuter  -  53 words
    • Article
      Lock icon EC ministers approve easing of curbs on US firms
      224 9 Reuter BRUSSELS European Community foreign ministers have agreed to ease curbs on US companies bidding for EC government contracts, endorsing a deal between top US and EC trade officials. A clause in an EC public utilities directive giving a degree of
      Reuter  -  224 words
    • Article
      Lock icon Violence reflects rising racial tension in UK
      250 9 Reuter LONDON Rising racial attacks in Britain produced weekend violence and public concern yesterday, underlined by a warning from South Africa's black leader Nelson Mandela. Police clashed with marchers protesting against the killing of a black student whose grieving family Mr Mandela met
      Reuter  -  250 words
    • Article
      Lock icon Congress urges action against Iraq if plot to kill Bush is true
      500 10 NYT WASHINGTON Senior Democrats and Republicans in Congress have urged the Clinton administration to take military action against Iraq if it is shown that its government plotted to assassinate former President George Bush in Kuwaft last month. "We
      NYT  -  500 words
    • Article
      Lock icon Clinton economic plan gets critical look
      222 10 Reuter WASHINGTON The medicine that will heal the US economy is well known and can be had off the shelf, but analysts say the chances it will be swallowed in the amounts recommended are doubtful. The Clinton administration, still smarting from the apparent demise
      Reuter  -  222 words
    • Article
      Lock icon US defence cuts will hurt job market even more: economists
      330 10 AP WASHINGTON Work in manufacturing industries is the scarcest in nearly three decades, and those jobs once the backbone of the US economy are due for heavier blows as the effects of defence spending cuts take hold. A study by
      AP  -  330 words
    • Article
      Lock icon Clinton taking economic campaign back to heartland
      311 10 AP WASHINGTON President Bill Clinton, moving to refocus his presidency on the economy, looked to the heartland yesterday to remind himself and others that he views his No 1 job as creating jobs for others. Hounded in Washington by questions about his plans
      AP  -  311 words
    • Article
      Lock icon Lotus to launch upgrade of 1-2-3 spreadsheet for Windows
      379 10 Bloomberg Business News CAMBRIDGE. Massachusetts Lotus Development Corp was to introduce yesterday an upgrade of its most important spreadsheet, 1-2-3 for Windows. The upgrade, called 4.0, has 120 new features and is faster than its previous three versions, making it more
      Bloomberg Business News  -  379 words
    • Article
      Lock icon Pentagon to celebrate 50th birthday
      252 10 AP WASHINGTON Caught up in a world war. President Franklin Roosevelt and Congress desperately needed temporary quarters for America's hastily expanding military bureaucracy. What emerged was a five-sided building which, 50 years later, has come to symbolise the military might of the world's sole remaining
      AP  -  252 words
    • Article, Illustration
      Lock icon Man's best friend?
      36 10 Reuter THE HAGUE, Netherlands A Dutch student trying to escape from a police dog during a demonstration to protest against drastic government cutbacks in student financing and free transportation during the weekend. Reuter
      Reuter  -  36 words
    • Article
      Lock icon Egyptian forces arrest Sudanese police in disputed oil-rich region
      396 10 AFP KHARTOUM Egyptian security forces on Saturday arrested an unspecified number of Sudanese police officers in the disputed oil-rich border region of Halaib. Sudanese Interior Minister Abdel Rahim Hussein said on Sunday that his country responded by arresting three Egyptian policemen.
      AFP  -  396 words
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      179 9 IIH I^ln Flexibiitty is the word that best describes the design concept of DBS Building Tower Two. The kind of flexibility that makes ;V sound economic sense in the ever ;T^Cp: -Jp Tower Two offers one of e iar9est floor fkxx plan configures to regular open spaces and provides ultimateflexibility.
      179 words
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      241 10 7-10 June 1993 Westin Stamford Hotel, Singapore A four day intensive training Course Director programme designed to equip delegates Howard Palmer, author of with both the analytical and human "Correspondent Banking" published skills needed to be effective J? Euromoney, is Senior Lecturer in international marketing bankers Financial Services at the
      241 words
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      183 10 With The Computer Aided Decision-Making Course Imagine your decision making process is like going through a maze or a labyrinth. There may be many routes to take to reach the exit. But there is only one route that is the shortest, fastest, most efficient and without any deviation or aberration.
      183 words
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  • COMPANIES & MARKETS
    • Article
      Sembawang set to invest in US$40m China project
      388 11  -  Venture will tap oil rig fabrication, ship-repair and infrastructure market By Lilian Ang SINGAPORE The Sembawang group is poised to invest in a US$4O million (5564.4 million) venture with two Chinese partners to tap the regional oil rig fabrication, ship-repair and infrastructure
      388 words
    • Article
      Lock icon Petronas Dagangan to go on KLSE main board
      245 11 Bernama KUALA LUMPUR Petronas Dagangan Sdn Bhd, a marketing subsidiary of Petroiiam N asional Berhad, or Petronas, is expected to be listed on the Kuala Lumpur Stock Exchange main board sometime late this year or early next year, its president Azizan Zainul
      Bernama  -  245 words
    • Article
      Keppel Bank gets approval for public offer of 120m shares
      378 11  -  New listings on SES and KLSE By Quak Hiang Whai SINGAPORE Keppel Bank has received the Singapore stock exchange's approval for its initial public offering of 120 million shares. A spokesperson for parent company Keppel Corporation said Keppel Bank hopes
      378 words
    • Article
      Lock icon Door manufacturer Golden Pharos gets green light for KLSE listing
      302 11 Bernama KUALA LUMPUR Golden Pharos Berhad, a door manufacturer, has received the Securities Commission's approval for the listing of all its paid-up and issued capital on the main board of the Kuala Lumpur Stock Exchange. Utama Wardley Berhad. the adviser
      Bernama  -  302 words
    • Article
      Happy days over for Thai stockbrokers?
      767 11  -  HOCK LOCK SIEW By Loh Hui Yin BANGKOK Stockbrokers in Bangkok these days have more time to chat with their clients and friends. The once buoyant Thai stock market that provided them with fat broking fees has fallen on hard times. With investors hanging
      767 words
    • Article
      Lock icon Kesang Corp cancels planned purchase of PKL
      257 11 Bernama KUALA LUMPUR Kesang Corporation Bhd yesterday announced the cancellation of the conditional sale and purchase agreement to acquire 15 million Msl.oo shares, representing the entire equity interest, in Pembinaan Kota Laksamana (Melaka) Sdn Bhd. It said that the cancellation of the agreement,
      Bernama  -  257 words
    • Article
      Metro ties up with Chinese firm for Shanghai property projects
      271 11  -  By Kooi Cho Teng SINGAPORE Retail and property group Metro Holdings will join forces with a Chinese company to build an office block and an entertainment centre in an exclusive part of Shanghai. Metro said yesterday that it would take
      271 words
    • Article
      KIE sees RDC as vehicle for growth in the region
      219 11 SINGAPORE Keppel Integrated Engineering says its takeover offer for Resources Development Corporation is part of its plan to expand in the Asia-Pacific region. Chairman Sim Kee Boon says in KlE's 1992 annual report that the group must tap regional business
      219 words
    • Article, Illustration
      Lock icon SUMMARY
      387 11 Source: Bridge Info Performance of STII's index stocks May 7 Last Seas* lade\ Slock sale Chae factor novrrs (I) Avimo 2 250 -0.030 I 78 15 00 C4C 7.150 -0.150 5.64 7 5 00 Cerebos 5.350 0.100 4.22 -50 00 FAN 11 000 -0 200 8 68 100 00
      Source: Bridge Info  -  387 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Singapore Aviation ups paid-up capital
          72 12 SINGAPORE Singapore Aviation Services Co Pte Ltd, a subsidiary of Singapore Aerospace Ltd, has increased its paid-up capital from 37 million to 53 million SI ordinary' shares. Singapore Aerospace has been alloted 12.8 million new shares, while Singapore Airlines and Japan Airlines, the other shareholders,
          72 words
        • Article
          SES nod for San Teh share placing
          50 12 SINGAPORE The SES has given in-principle approval to Sesdaq-listed San Teh Ltd to privately place out 11.5 million 20-cent ordinary shares at 5i.0716 per share. The deal, which was announced last month, raises San Teh's issued and paid-up capital to 146.8 million shares.
          50 words
        • Article
          Lock icon Sungei Way looks abroad for growth
          50 12 Bernama KUALA LUMPUR Developer Sungei Way Holdings Bhd says it will pursue growth opportunities in Malaysia and abroad. Chairman Nasruddin bin Mohamed says in the company's 1992 annual report that the construction sector is expected to grow by 14-15 per cent in 1993. Bernama.
          Bernama  -  50 words
        • Article
          Lock icon Call to abolish in-house registrars
          39 12 Bernama KUALA LUMPUR Malaysian Investors' Association has reiterated its call for the abolition of small in-house share registrars. Such registrars were not independent or professional accounting firms, its president Dr PHS Lim said. Bernama
          Bernama  -  39 words
      • Article
        UNIT TRUSTS & FUNDS
        470 12 UNIT TRUSTS FUNDS Managers' prices May 11 Prudential T PruLink Mgd Fund 1.09 1.15 Singapore Unit Trust p.—i-.rf,, I he Commerce 134 141 MARA-BumipUtra The Savings Fund 1.18 1-24 Bputra 1.83 l.88cd S'pore Prog Fund 0.53 0.58 Second B'putra 1.78 1.83 S pore Sex Fund 0.*) 0.95 Third B'putra 6.23
        470 words
      • Article
        Lock icon MBf plans housing projects in the Philippines
        376 12 Bernama PETALING JAYA MBf Holdings Bhd will venture into low-cost housing development in the Philippines next year given the demand for good quality homes and the group's experience in the area, its president and chief executive officer Loy Hean Heong said yesterday. He
        Bernama  -  376 words
      • Article, Illustration
        HK's Seapower to expand in China
        322 12  -  By Paul Leo HONGKONG-listed Seapowcr Resources International in which the Government Investment Corporation of Singapore (GIC) is reported to have a substantial stake is expanding its financial services and food business in China. In a telephone interview with BI yesterday, Seapower chairman Francis Yuen
        322 words
      • Article
        American fund managers buy up 4pc of New Zealand's BIL
        373 12  -  By Schutz Lee SINGAPORE US fund managers have bought about 100 million shares in New Zealand's Brierley Investments Ltd. or about 4 per cent of the company. BIL chief executive Paul Collins told Reuters: "We are very much aware of
        373 words
      • Article
        Hitachi Zosen clinches $82m shipbuilding deals
        116 12 SINGAPORE Hitachi Zosen Singapore has tied up two shipbuilding deals worth SB2 million. In a $40 million deal, it will supply local firm Ocean Tankers with two 10.000 deadweight tonne product tankers, The first ship will be delivered in a year's time and the
        116 words
      • Article, Illustration
        Lock icon So, how much is Aokam really worth?
        482 12  -  MARKET WATCH By Agnes Chen SINGAPORE The war of words rages on over how much investors should pay for timber company Aokam Pcrdana's shares. Two reports issued in the past week, by W I Carr and Morgan Grcnfell Asia Securities. may help the
        Source: Bridge Info  -  482 words
      • Article
        Lock icon Long-term prospects of Manila stocks good, say analysts
        536 13 Reuter MANILA The Philippine stock exchanges, watered by money siphoned out of banks by low interest rates, are blossoming. They hit an all-time high last week and. although stocks slipped yesterday on one company's poor results, analysts expect them to stay strong
        Reuter  -  536 words
      • Article, Illustration
        Thai finance company to shift focus from less profitable broking activities
        330 13  -  By Kooi Cho Teng SINGAPORE Thai finance and securities house Phatra Thanakit has boosted its fee-based activities to offset a drop in income from brokerage. The recent stock manipulation scandal in Thailand has slashed share trading by half, so
        330 words
      • Article
        Lock icon Worst is over for Indonesian companies, say brokers
        288 13 Reuter JAKARTA Analysts say the worst is over for Indonesian companies and that 1993 shows some promise, although no great improvement will be seen until 1994. The end of the Indonesian season of company results confirmed that 1992, while not as bad
        Reuter  -  288 words
      • COMPANY BRIEFS
        • Article
          Lock icon HK metal supplier to raise HK$1.8b
          87 14 Bloomberg Business News HONGKONG Metal supplier and trader Tung Wing Steel Holdings is raising HKSI.BB billion (SS39I million) through a five-for-two rights issue, the South China Morning Post has reported. Tung Wing said it was raising money to buy assets from its China-controlled parent
          Bloomberg Business News  -  87 words
        • Article
          Lock icon Jardine Strategic's net assets
          77 14 Reuter HONGKONG Jardine Strategic Holdings said its unaudited net assets at the end of April were US$5.l6 per share. On a fully diluted basis, assuming conversion ot the outstanding 250,000 convertible cumulative preference shares into 80,625,000 ordinary shares, the net assets per ordinary share would have
          Reuter  -  77 words
        • Article, Illustration
          Lock icon High jinks in high places
          32 14 Reuter MOSCOW Balloons taking off from the centre of Moscow last Friday from the embankment of the Moscva River at the first International Hot-air Balloon Festival. Reuter
          Reuter  -  32 words
        • Article
          Lock icon Tomkins to take £90m charge
          99 14 Bloomberg Business News LONDON Tomkins pic said it will take a £90 million (SS22B million) charge in the year ended May 1, for the reorganisation and integration of its Ranks Hovis McDougall unit. Tomkins acquired RHM on Dec 15. 1992. Tomkins will announce its fiscal
          Bloomberg Business News  -  99 words
        • Article
          Lock icon Body Shop profits to fall 17pc
          84 14 Reuter LONDON Body Shop International pic, the retailer of "green" soaps and beauty products, is expected to see profits fall by about 17 per cent when it reports annual results on Wednesday. Body Shop, founded by husband and wife team Gordon and Anita Roddick,
          Reuter  -  84 words
      • Article, Illustration
        Samsonite may set up China plants to serve Asian markets
        499 14  -  By Jenny Lam SINGAPORE Leading luggage maker Samsonite is considering setting up plants in China to make products for East Asia. "The possibilities in China are unlimited," the president of Samsonite's international division, Nick Noell, told Business Times recently. "We
        499 words
      • Article
        Pokka to set up three projects in China, plans listing in Singapore
        406 14  -  By Helen Chang SINGAPORE Japanese drinks-maker Pokka Corp (S) Pte Ltd plans to set up three projects in China a drinks plant, bread factory and coffeeshop chain. Pokka's Singapore office, which employs Chinesespeaking staff, will serve as the
        406 words
      • Article
        Lock icon Top companies go headhunting in rivals' boardrooms
        580 14 Reuter NEW YORK The world's biggest corporations, beset by red ink and desperate to change course, are forsaking an age-old implicit agreement and poaching each other's executives. Respect for thy neighbour's chief financial officer, operating executive or even chairman has fallen by the
        Reuter  -  580 words
      • Article
        Lock icon Japan's electronics firms' profits set to improve
        395 14 Bloomberg Business News TOKYO After three straight years of declining profits, Japan's electronics companies can look forward to slightly improved earnings in fiscal 1993 as Japanese personal consumption rises and demand in the US picks up. But industry analysts warn that further increases
        Bloomberg Business News  -  395 words
    • FINANCE
      • Article
        Simex includes Morgan Stanley index in trading scheme
        394 15  -  By Paul Leo SINGAPORE The Singapore International Monetary Exchange has included the Morgan Stanley Capital International (MSCI) Hongkong Index in its Trading Permit Scheme. An individual can now trade the MSCI index in the Simex pit for just $250 a month as
        394 words
      • Article
        BankAmerica to focus on S'pore, Malaysia
        269 15 SINGAPORE Bank America Singapore will focus its merchant banking activities in Singapore and Malaysia in the next two years but it hopes to spread its wings across the region to cover Thailand, Indonesia and China. Bank of America Asia division group executive vice-presi-dent John
        269 words
      • Article
        Lock icon Regional US banks aim for bigger forex presence
        208 15 Reuter NEW YORK Clout-wield-ing New York money centre banks used to winning the lion's share of profits in the multi-billion dollar currency market may want to keep an eye on some out-of-town challengers. Armed with stronger balance sheets and loyal customer bases,
        Reuter  -  208 words
      • SMALL CHANGE
        • Article
          Lock icon More Thai offshore licences likely
          103 15 Knight-Ridder BANGKOK Thailand's Ministry of Finance might by early 1994 issue more offshore banking licenses similar to those awarded to 15 Thai and 32 foreign banks in March, The Nation newspaper reported. Whether the extra licences will be granted depends on the progress of the
          Knight-Ridder  -  103 words
        • Article
          Lock icon Danish insurer files for bankruptcy
          49 15 AFP COPENHAGEN Hafnia Holding A/S, the parent company of the Danish finance and insurance group Hafnia, filed for bankruptcy yesterday, the holding company's management said. The development follows a catastrophic 9.1 billion kroner (552.4 billion) deficit recorded by the group in fiscal 1992. AFP
          AFP  -  49 words
        • Article
          Lock icon Six S Korean brokerages profitable
          108 15 Knight-Ridder SEOUL Six of the eight foreign securities firms with full offices in South Korea reported after-tax profits in the year ended March 31, the English-language Korea Herald newspaper reported. Citing figures from the Securities Supervisory Board, the paper said Baring Securities of the UK
          Knight-Ridder  -  108 words
        • Article
          Lock icon Taiwan plans to ease monetary stance
          62 15 Knight-Ridder TAIPEI Taiwan's Central Bank of China is considering easing its monetary stance in an effort to bring down domestic interest rates. The central bank may lower both the discount rate, which stands at 5.625 per cent, and the 6.625 per cent interest rate
          Knight-Ridder  -  62 words
      • Article
        Lock icon India to take action against banks involved in scandal
        166 15 Reuter BOMBAY India's central bank governor has wmcd for the first time to penalise banks involved in the country's biggest financial scandal, but gave no hint of the type of punishment he envisaged. "We are going to fix responsibilities and award
        Reuter  -  166 words
      • Article, Illustration
        Lock icon Three Aussie banks to report improved interim results
        408 15 Reuter MELBOURNE Three of Australia's major hanks will in the next two weeks unveil improved half-year results, largely due to eost-cutting and falls in had and doubtful deht provisions. hanking analysts said. National Australia Bank is again expected to outperform Westpac Banking
        Reuter  -  408 words
    • FINANCE & COMMODITIES
      • Article
        China to introduce laws on on-shore oil exploration
        330 16  -  By Lilian Ang SINGAPORE China will introduce a set of laws governing on-shore oil exploration by the third quarter of this year. Mr Zeng Xingqui. vicepresident of China National Oil Gas Exploration and Development Corporation, yesterday said the new laws, currently under
        330 words
      • Article
        Lock icon World tin producers likely to extend export curbs
        281 16 Reuter KUALA LUMPUR The world's major tin producers, meeting in Malaysia this week, are likely to extend limits on exports. They aim to whittle down stocks and help shore up prices, an industry official said. The executive committee of the Association of
        Reuter  -  281 words
      • Article
        Australian mining industry expects sharp rise in earnings
        275 16  -  From Brian Gomez in SYDNEY AUSTRALIA'S mining industry could enjoy an unprecedented rise in export earnings as a result of major projects in two states coupled with the strong growth of steel demand in Asia. Western Australian Premier Richard Court said that
        275 words
      • Article
        Lock icon No capital crunch seen for oil industry
        308 16 ENERGY REPORT Reuter BERGEN. Norway Financing new oil and gas projects has become harder due to current low crude prices, but the industry is not facing a capital crunch, speakers at a two-day oil conference agreed yesterday. "Good projects will always find financing."
        Reuter  -  308 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        155 16 TRADING was lacklustre yesterday, with all currencies having little incentive to budge from narrow range trading. While the USS opened firmer against the major European currencies and the yen due to short covering and concern about a possible flare up in the Bosnian crisis, the
        155 words
      • Article
        Lock icon London
        190 16 Reuter THE pound tumbled against the dollar yesterday despite economic figures showing Britain was coming out of recession and worries that the recovery in the US was slowing down. Concern over the defeat of Prime Minister John Major's ruling Conservative Party in local elections and calls for the resignation
        Reuter  -  190 words
      • Article
        Lock icon New York
        96 16 AFP THE dollar was higher yesterday in a calm market dominated by technical factors with no new US economic data expected before the middle of the week. At 1330 GMT. the dollar was trading at 1.5925 marks, up from 1.5920 earlier in London and 1.5820 late Friday. The
        AFP  -  96 words
      • Article, Illustration
        Untitled
        1616 16 I index cakulahxi at?ain\i Spare s lap 14 trading partner Ha\t' war /W.< US$/S$ forward rates Noon May 10 Bid Offer 1-month 1.6114 ***** 2-month I 6117 1.6132 3-month 1.6119 1.6134 6-month 1.6125 1.6145 Souriv (X B< Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am yesterday: Singapore dollars to
        1,616 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end firmer in light trade
        1413 18 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended marginally firmer in light trade, with dealers hugging the sidelines ahead of the release of US inflation figures. "Last Friday's US unemployment figures fell within market expectations and gave market players no incentive to act," said
        Reuter  -  1,413 words
      • Article
        Tin closes five sen higher on local buying support
        1006 18 COMMODITIES REPORT Tin TIN rose five sen to end at MS 14.18 a kg on local buying support and a higher LME. dealers said. "Initial small offerings helped push up prices. The players were mainly local with Japanese and European buyers
        1,006 words
    • Article
      COMMODITY PRICES
      1592 18 Rubber IMS Commodity E»c>iangt (fwtiir— closing a» at Irw) RSS1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest mis moo 131.00 sso ooo Jul 0.00 0.00 132.00 0 4.375 Aug 0.00 0.00 133.00 500 5.000 Sep 0 00 0 00 134.25 0 6.475 Oct/Dcc
      1,592 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1141 19 -13.3 STOCKS closed sharply lower yesterday after failing to recover from the unsettling effects of a lower earnings forecast by transport group Brambles Industries. The All Ordinaries Index closed 13.3 points lower at 1,672.0. The All Industrials ended 16.7 down at 2,611.4, while the All Resources dropped 11.0 to
        1,141 words
      • Article
        Manila
        568 19 -11.29 Investors indulged in a sell-ofT as they used a poor first quarter earnings report by market leader Philippine Long Distance Telephone Co (PLDT) to take profits. The Manila Composite Index declined 11.29 points to close at 1,642.62. Losers outpaced gainers 65 to 41. PLDTs income available to common
        568 words
      • Article
        Taipei
        583 19 +8.98 Stocks ended slightly higher in fairly active trade as expectations for a small domestic interest rate cut as early as this week continued to encourage buying. The Weighted Index ended 8.98 points higher at 4,687.12. Turnover was NT544.76 billion. Brokers saw support at 4.600 points and said that
        583 words
      • Article
        Seoul
        430 19 1.06 Shares ended slightly higher in thin trading in what brokers described as a technical rebound after declines for the third consecutive session. They expected the market to continue to languish in the consolidation period. But some analysts forecast the rebounce would emerge today with good company profits. The
        430 words
      • Article
        New Zealand
        335 19 -21.30 The share market was led down by forestry stocks Fletcher Challenge and Carter Holt Harvey and with lumber prices in the US still weak, brokers said the market may slide more. The NZSE-40 Capital Index fell 21.30 to 1,557.04 on volume of NZ$l9 million. "It's had a
        335 words
      • Article
        Bombay
        52 19 11.00 Share prices closed slightly higher yesterday. Share prices had shot up early in the session and operators had hopes of a good rally. The 30-sharc BSE Sensitive Index closed at 2,230.75 points after touching a high of around 2,257, up 11 points. The 100-share National Index closed at
        52 words
    • WORLD STOCK MARKETS
      • Article
        London
        626 19 +36.1 SHARES rose sharply to close at the day's best levels yesterday, lifted by a rally on Wall Street and stronger FTSE futures. However, analysts said fresh corporate news was needed if the FTSE 100 Index is to make further significant gains. "If we're following this rise through, we
        626 words
      • Article
        Paris
        103 19 -1.36 Shares continued on their downward trend, after Friday's 2.18 per cent drop, as the market failed to see any concrete news on which to bounce on. The CAC-40 Index eased 1.36 to 1,877.21. Volume was a low 295 million francs. Paris Mm 10 Fr \ir-Lmuide '24 00 2
        103 words
      • Article
        Stockholm
        123 19 +0.04pc Prices closed up on the day but down from their highs on profit-taking, and brokers said the decline would have been greater but for the market's underlying strength. The OMX-Index ended 0.01 per cent higher at 835.05, shedding a full one per cent gain earlier in the day.
        123 words
      • Article
        Frankfurt
        192 19 -2.89 Shares ended above their mid-session lows after the 30-share DAX rebounded from an early slide to around the 1.600 level. But dealers said it was increasingly doubtful whether the index could hold above the key psychological barrier this week. A spreading strike in east Germany was seen as
        192 words
      • Article
        Brussels
        165 19 +4.65 Shares closed slightly higher yesterday in one of the quietest trading days this year as the market continued its hesitant technical recovery from recent declines. Dealers said the market's trend was mildly positive but saw no influx of investors. The Bcl-20 index closed up 4.65 points to 1,187.56,
        165 words
      • Article
        Milan
        144 19 -23.0 Blue chips ended near lows, hit by weak Fiat and Generali stocks as well as technical selling before options expiry tomorrow. The market is expected to drift at these levels in the absence of positive news. Fiat ended at 6,320 on kerb after fixing 4.1 per cent down
        144 words
      • Article
        Amsterdam
        263 19 +2.19 Dutch shares closed mostly higher yesterday as the dollar firmed against the guilder, traders said. They said there were few other market-moving factors, and volume was low. The dollar was trading at 1.7957 guilders as the market closed, compared with about 1.7830 a week ago. Many Dutch companies
        263 words
      • Article
        Zurich
        264 19 11.2 Swiss shares rose about 0.75 per cent to reach a new all-time closing high in moderately active trade. The broad SPI added 11.2 points to 1,356.7, just off the day's and new all-time high of 1,357.3 points. The SMI Index of leading shares added 16.5 to 2,179.1. Dealers
        264 words
      • Article
        Johannesburg
        295 19 -34 Shares were lower across the board on slow and thin trade as investors found little reason to take the market higher. Dealers said gold's failure to recapture weekend losses and a generally poor outlook for industrials were impacting on sentiment. The Gold Index was 22 points lower at
        295 words
      • Article
        Toronto
        217 19 -0.73 Stocks were mixed in midday trade yesterday with continuing strength in gold issues the major feature, traders said. The TSE 300 edged 0.73 points lower to 3,779.79 on turnover of 8.91 million shares valued at C 586.82 million. Advances outpaced declines 162 to 140. with 178 issues steady.
        217 words
      • Article
        New York
        669 19 +27.13 Blue chips pushed higher at midday yesterday, boosted by word of another postponement of military action in Bosnia. The Dow Jones Industrial Average was up 27.13 at 3,464.32 at 1 pm EDI on New York Stock Exchange volume of about 117 million shares. Advances led declines by
        669 words
      • Article
        Untitled
        771 19 Britannia Funds Sterling Cash Bid Offer Mim I jp Dcpusil WMOO J* *V» Mim Jer*> Gik 01»«: 019M Man Mu Income -0*00 ****** I S$ ash Income Plus I und 103)00 10 MOO PS Roerwf Fund 5 MOO 5 2100 Sterling h <|uit\ Euro Periormjnur 0.4592 O WM Fji F.W
        771 words
    • Article, Illustration
      Lock icon HONGKONG
      3095 20 Reuter SHARbS posted considerable losses at the close, hurt by HSBC Holding's slide and a break in a rebound by Li ka-shing's corporate stable. The blue chip Hang Seng Index dropped 62.42 points to 6,739.23. Turnover shrank to HK53.99 billion from Friday's HK54.73 billion. •HSBC and Hang Seng Bank
      Reuter; Source: Bridge Info  -  3,095 words
    • Article, Illustration
      CHINA
      448 20 THE Shenzhen A market fell significantly yesterday. Almost all shares lost ground in moderate trading. Zhongchu and Southern Glass were among the biggest losers falling 5.34 per cent and 5.15 per cent respectively. The CLSA Shenzhen A Index dropped 98.69 points to close at 2,759.08. However, there was a
      448 words
    • Article, Illustration
      Lock icon TOKYO
      2562 20 Reuter STOCKS jumped on short-cover-ing by brokerage dealers in late trade yesterday and the Nikkei ended at a 14-month high. The 225-share Nikkei Average rose 243.35 or 1.17 per cent to 21,054.71, closing above 21,000 for the first time since March 4, 1992. The broader first section Topix Index
      Reuter; Source: Bridge Info  -  2,562 words
    • Article, Illustration
      Lock icon BANGKOK
      1849 20 Reuter SHARES closed slightly lower yesterday, although banks, finance and brokerage firms recovered some early losses, brokers said. The SET Index fell to a low of 836.20 in mid-after-noon trade before regaining ground to close 3.55 points lower at 841.84. Turnover was a thin 1.92 billion baht. "Investors are
      Reuter; Source: Bridge Info  -  1,849 words
    • Article, Illustration
      Lock icon JAKARTA
      1077 20 Reuter STOCKS ended mostly firmer in moderate trade, with the focus on hank shares, brokers said. The Official Index closed 1.30 points higher at 316.37. "Trading in hanking shares is getting active again and most prices have edged up." a broker said. He predicted the sector would remain active
      Reuter; Source: Bridge Info  -  1,077 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2502 21 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume rmmrn I MMfi KcnongBhdMV 12 103.000 kcmasan Sk i <51.000 SlKTuft FaN.-rtir.Hip 5.8.WOOO Bhd 5.5(10.000 Bouslcad 5<V 4.J 11.000 VSH 50c J.572.000 h B 50c 2.962.000 Lingui 50c 2 896 000 Ind (hsgcn 50c 2.814.000 (icncral orp 2.75.VOOO twis
      Source: Bridge Info  -  2,502 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Share prices close higher on speculative buying
        5231 21 Bernama SHARE prices closed steadier in active trading yesterday, supported by strong institutional and speculative buying. The KLSE Composite Index closed 3.59 points higher at 716.54. The 85-stock index opened at 713.98. The all-share main board Emas Index firmed 1.06 to 195.45 while
        Bernama; Source: Bridge Info  -  5,231 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Shares consolidate as profit-taking continues
        7076 22  -  By Paul Leo SINGAPORE The Singapore slock market continued to consolidate yesterday with the benchmark 30-stock Straits Times Industrials Index easing 2.80 points to 1,772.02. Profit-taking was not confined to index stocks, said a broker. Reflecting this, the BT-MGA Index, which tracks a broader base
        Source: Bridge Info  -  7,076 words
      • Article, Illustration
        Lock icon General Magnetics
        62 22  -  HOT STOCK Quak Hiang Whai GENERAL Magnetics has doubled in price since January but is encountering resistance at $1.55. In the short run, it could fall to $1.30, which would bring the daily RSI into the oversold region. The weekly RSI, however, is high in the over-bought region,
        SOURCE: BRIDGE INFO  -  62 words
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      Page 14 Advertisements Column 2
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      380 words
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      290 words
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      205 18 737-1166 Off shore funder has finance available for domestic and commercial projects of pood status. Minimum 2 millions US dollars. Write P.O. Box 22-3788 to Public#** CH-1002 LauMnm. Professional Nominee, Full Accounhng and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain
      205 words
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      Page 18 Advertisements Column 2
      14 18 Make new business contacts through classification 203 in The Straits Times Classified. c.a.t.s. 737-1166
      14 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      22 19 """fl m LhJ H^OWI»:A.O.TIIEINTEHMTIONALniLTDIOeMiddtefIoadIOB-02BngWC'ia' t)e'S«n9ap<xeD' 1 8'fe< 334 5" Pa* *****8 1 Hongkong AD TIEXTERNATIONAL(HK)LTDTfI i /aa,s s *2* M£ SI;N BBRHWR
      22 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      39 21 at over 10 million establishments, MasterCard puts il*iN PTi t&~J| the whole world in your hands. And it gives you easy access to cash at 300,000 bank branches and ATMs worldwide. YOU'VE GOT THE WHOLE WOULD IN YOUR HANDS.
      39 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      35 22 HOW WILL THE TWAIN MEET? What will be the domestic impact on both China and Taiwan if reunification pulls through? A fascinating scenario. By BT's special contributor. Zhao Quansheng REGIONAL ANALYSIS. Tomorrow in Business Times.
      35 words
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  • SPORTS
    • Article, Illustration
      Lock icon Hornets stung by Knicks
      782 23 NBA playoffs NYT Reuter NEW YORK The fourth quarter has been the Knicks' quarter against the Charlotte Hornets. It happened in three of their four regular-season meetings. And it happened again on Sunday in Game 1 of their four-of-seven-game Eastern Conference semi-final playoff series. Maybe it's
      NYT; Reuter  -  782 words
    • Article, Illustration
      Lock icon Henke surprise winner at Atlanta Classic
      280 23 Golf Reuter MARIETTA, Georgia American Nolan Henke took advantage of a surprising collapse by US PGA champion Nick Price of Zimbabwe to storm to a two-stroke victory at the US$l.2 million (SSI.9 million) Atlanta Classic on Sunday. Henke toiled in relative anonymity for 63
      Reuter  -  280 words
    • Article
      Lock icon IOC president takes no stand on Beijing Olympic bid
      218 23 AP SHANGHAI The president of the International Olympic Committee refused to say yesterday whether he believed China's human rights record would hurt its bid for the 2000 Summer Games, but he effusively praised the nation's sports programme. lOC president Juan Antonio
      AP  -  218 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        40 23 AP Finland Magic Johnson, playing his first competitive basketball game in almost seven months, scored 28 points and had seven assists as the NBA All Stars struggled to a 119-117 victory Sunday against Finnish champions YMCA of Helsinki AP
        AP  -  40 words
      • Article, Illustration
        Lock icon Diving
        76 23 AP FORT LAUDERDALE, Florida Lan Wei of China scored the meet's only perfect 10 on his way to his third consecutive 3-metcr springboard title at the Alamo International diving championships last Sunday. Lan. 25. finished his 11-dive list with 704.16 points, just the eighth springboard diver to ever lop
        AP  -  76 words
      • Article, Illustration
        Lock icon Soccer
        234 23 AFP AFP AFP MADRID Spanish league at the weekend: Osasuna 0 Seville I; Real Socicdad I Celta Vigo 1: Real Madrid 1 Rayo Vallecano I: FC Barcelona 4 Cadiz 1; Burgos 1 Espanol I; La Corogne 0 Logrones 1; Tcnerife 1 Oviedo 2; Sporting Gijon 3 Real Zaragossa 1:
        AFP  -  234 words
      • Article, Illustration
        Lock icon Baseball
        78 23 Reuter NEW YORK Major I league results Sunda>: American Detroit 2 New York II: Toronto 3 Baltimore 4; Milwaukee 6 Boston 0: Chicago 6 Cleveland 5: Kansas City 1 Texas 2; California 7 Oakland 6 (in 10): Seattle 6 Minnesota 4. National Philadelphia 6 St Louis 5: Pittsburgh 6
        Reuter  -  78 words
      • Article, Illustration
        Lock icon Ice hockey
        33 23 Reuter NEW YORK Second-round NHL Stanley Cup playoffs Sunda) Norris DMm Finals: St Louis I Toronto 4 (Best-of-seven series tied 2-2). Smythe finals: Los Angeles 2 Vancouver 7 (Series tied 2-2).
        Reuter  -  33 words
      • Article, Illustration
        Lock icon Golf
        127 23 Reuter AP Reuter sr. MEI J JON, Fngland Final scores from the Benson and Hedges International Open Sunday (GB unless stated): 276 Paul Broadhurst 69 69 67 71 277 Mark James 68 71 69 69. Jose Maria Olazabal (Spn) 67 72 68 70 279 Joakim Hacggman (Swe). Gordon Brand
        Reuter; AP  -  127 words
      • Article, Illustration
        Lock icon Waterpolo
        19 23 AP ATHENS, Greece Bth World Cup Final Sunday: Italy 8 Hungary 7. 3rd Place: Australia 9 USA 6.
        AP  -  19 words
      • Article, Illustration
        Lock icon Tennis
        58 23 AFP AFP AFP ROME Italian Open final Sunday: Conchita Martinez (Spn x 6) b Gabriela Sabatini (Arg x 3) 7-5. 6-1. HAMBURG, Germany German Open final Sunday: Michael Stich (Ger) b Andre Chesnokov (Ukr) 6-3. 6-7 (7/1). 7-6 (9/7). 6-4. TAMPA, Florida Sunday's U*****,000 men's tournament singles final: Jaime
        AFP  -  58 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      368 23 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Lee Lee Yong of 144 Upper Bukit Timah Road #08-02 Beauty World Centre Singapore 2158, have applied for a Retail Liquor Shop Licence in respect of premises at M/S Double One Minimarket at Blk 285 Choa Chu Kang Ave 3 #B
      368 words
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      Page 23 Advertisements Column 2
      769 23 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN Out, I. Phua Eng Nam of Blk 242 Yishun Ring Road #06-1112 Singapore 2776 have applied for a Retail Liquor Shop Licence in respect of premise! at M/S Phua Soon Huat Minimait, at Block 239 Yishun
      769 words
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      Page 23 Advertisements Column 3
      311 23 BankExim P T BANK EKSPOR IMPOR INDONESIA <PERSERO) acting by and through its Cayman Islands branch U*****,000,000 Floating Rate Notes due 1997 In accordance with the provisions ol the Floating Rate Notes, notice is hereby given as follows Interest Period May 10, 1993 to November 10, 1993 (184 days) Rate
      311 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      583 24 Noll wig Beats A Bud. Hi'ti'/il OK —mm mjmtr ub 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! v Ladles Night V Every Tuesday! For reservabons. please ceil 737 2911
      583 words
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      Page 24 Advertisements Column 2
      304 24 WHERE TO WINE, DINE AND ENTERTAIN I Our Bird's Nest will please your palate as well as your pocket, jl! We've just added Bird's Nest fV delicacies to our menu at really <|Bv|JNH I V affordable prices. fmrWKwHPM Whether it's a Bird's Nest main dish flp f or dessert*, you
      304 words
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      Page 24 Advertisements Column 3
      370 24 Fancy Beijing? Then, we're delighted to suggest j the Pine Court for a memorable dining experience. Try our Beijing specialities such as Baked Tench, Beijing Duck and Marinated Lamb and our lunch menu of J Beijing dian xin. f To add to your enjoyment, I all these are well within
      370 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Much ado about everything
      954 25  -  Caryn James previews the latest offerings from Hollywood Caryn James NYT THE busiest people in Hollywood right now are probably the shrinks. Even from a distance, you can feel the industry's mass hysteria rising as the studios gear up for a summer of bruising competition among
      NYT  -  954 words
    • Article
      Lock icon Tatum bases character's feelings on real life
      354 25 CHATTERBOX AP UPI AP TATUM O'NEAL said betrayal she has known in her own life helped her play the TV role of a former police officer-mod-el accused of murder. Her character, Lawrencia "Bambi" Bembenek. "was betrayed by everyone," O'Neal said in the May
      AP; UPI  -  354 words
    • Article, Illustration
      Lock icon A passion for singing
      719 25  -  Nana Mouskouri talks to Steve James about the meaning of success and love Steve James Reuter CONVENTIONAL wisdom seems to be that a singer has to make it in America to be a success but don't tell that to Nana Mouskouri, whose records sell by the
      Reuter  -  719 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      80 25 A egetarian Treats at China China m Restaurant set menu m \ox 10 from $268.00 amaguri ('Live' big clam) at Nishiki Restaurant served in 4 tantalising styles all at 1 2.00 (2 pieces) For reservations, please call our Restaurant Manager at 221 2811. Our mtdurants u'flc omt iht public to
      80 words
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      1108 25 I TV A RADIO Cocoon: The Return, 10.30pm, After the fountain of >outh the elders return to Earth, only to MB ttrViAJ be saddled with a host of problems. The ageing process W creeps up again, their friends are suicidal and scientists have SgHv' discovered one of the cocoons. This
      1,108 words
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  • PROPERTY & CONSTRUCTION
    • Article
      Lock icon Contacts and capital vital for successful S China deals
      664 26 HK property developer New World Development has sunk more than HKssob into 51 projects Financial Times Contacts and capital are the key pre-requisites for getting deals in Southern China, and New World Development has both in abundance. The Hongkong property developer
      Financial Times  -  664 words
    • Article
      Lock icon Demand for small hotels in China
      171 26 Sooth China Morning Post DEMAND is soaring for new basic hotels throaghout China. Mr Robert Chambers, a director of hotels and leisure at Colliers Jardiae, believes most construction in the futnre will be for two- and three-star facilities to cater for the growing domestic
      Sooth China Morning Post  -  171 words
    • Article, Illustration
      Lock icon Indon company Lippoland's S'pore office project ready
      182 26 SINGAPORE Indonesia's listed Lippoland has completed its first office project in Singapore the 16-storey Lippo Centre in Philip Street. The building, which faces UOB Plaza, was developed at a cost of $55 million, including land cost. Yao Che Wan, a director of Lippoland
      Photo by Chris Loh  -  182 words
    • REGIONAL SKYLINE
      • Article
        Lock icon Japanese biggies buy property again
        112 26 Bloomberg Business News TOKYO Major Japanese trading companies have begun to buy land for condominium development in what they see as an improving property market. Tomen Housing, a subsidiary of Tomen Corp, is buying for the first time in two years, while Marubeni Corp will
        Bloomberg Business News  -  112 words
      • Article
        Villas in Mount Lushan area for sale
        70 26 SINGAPORE China's Jiu Jiang Juyuan Construction Industry Ltd Co is selling 21 villas in Jiangxi's Mount Lushan area by international tender. The scenic area has long been a favourite with China's elite. Holidaymakers have included Mao Zedong and Chiang Kai Shek. Sealed bids
        70 words
      • Article
        London property seminar
        57 26 SINGAPORE Property consultant Colliers Jardine and private banker Hill Samuel will hold a seminar on London property tomorrow at the Pan Pacific Hotel. The aim is to educate people on how to avoid pitfalls when buying UK property. Subjects include finance, the law and taxation. The seminar
        57 words
      • Article
        Lock icon From biscuit factory to homes
        68 26 Australian Financial Review PERTH Developer Bruce Monteith will spend A$ 12 million ($13.5 m) converting a former biscuit factory in Fremantle into houses and flats. The canteen of the old plant will be turned into one-bedroom studio flats, while the flour storage area will be
        Australian Financial Review  -  68 words
      • Article
        Lock icon 70pc of HK's Times Square let out
        90 26 South China Morning Post HONGKONG More than 70 per cent of retail space in Hongkong's Times Square has been let within six months. Rents in the project, the largest shopping centre in Causeway Bay, range from HK$BO (SSI6) to HKS3OO. Tenants include Toppy,
        South China Morning Post  -  90 words
      • Article
        Lock icon Hotel Millenium filed for bankruptcy
        88 26 Bloomberg Business News NEW YORK The Hotel Millenium, a sleek 58-story building owned by former New York Post publisher Peter Kalikow. filed for Chapter 11 bankruptcy protection last week. The hotel filed a pre-packaged reorganisation plan in Manhattan Bankruptcy Court, said Kathleen Dufly, a spokeswoman
        Bloomberg Business News  -  88 words
    • Article, Illustration
      S'pore architects air their woes
      1834 27  -  Sylvia Wong reports on the difficulties faced by architects on seeking recognition abroad Sylvia Wong IF you are ever in Shanghai. take a good look at the 600-room Jin Cang Mandarin Hotel. It was designed by Singapore architect Chao Tse Ann. Mr Chao also designed
      1,834 words
    • Article
      Lock icon It's buy, destroy, rebuild in HK
      469 27 South China Morning Post WEALTHY Hongkong families will soon be buying homes for more than HKSIOO million (about SS2O m). only to demolish them and build new ones in their place. A local businessman last week spent 579 million on a house in Deep-water
      South China Morning Post  -  469 words
    • Article
      Lock icon So costly to build a house in Japan
      256 27 AP AS IF astronomical land prices were not enough. Japanese also have to pay three times as much as Americans to build a house, a research institute said yesterday. Excluding the cost of the land, the average housing construction cost per 3.3
      AP  -  256 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      137 26 FOR LEASE Breakfast in a garden terrace overlooking the curvilinear swimming pool, and listen to the waterfall gently cascading into a Balinese-inspired sunken courtyard and a lily pool set amidst rich tropical foliage. Enjoy resort-style facilities that come with a full-time Manager, Facilities Co-ordinator and exemplary concierge service. Your apartment,
      137 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      255 27 BUSINESS TIMES TOLL-FREE TEL. No. 1-800.737 0043 FAX:734 3698 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, I, Sin Pin Har of Blk 130 Geylang East Ave 1 #06-301 Singapore 1438 have applied for a Beer House Second Class Licence in respect of premises at M/S Spin Dumplings Deli, at
      255 words
    • Advertisement
      Page 27 Advertisements Column 2
      193 27 ifc Today's SMIs could bo lomor- Simply by improving cosh flow doled companies in Malaysia imp raided Cash Row Expansion row's MNCs. All it takes is aMo with immediate cash odvancos Thailand, Indonesia and the imagination, forward thinking of up to 90% against thoir Philippinos, wo can certainly and a
      193 words
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  • Article
    Sustaining the ADB
    520 28 EDITORIAL ONCE again, the Asian Development Bank has come under pressure from the Americans to prove its effectiveness. The ADB annual meeting in Manila last week ended with no compromise on the question of an increase in the bank's capital. More specifically, there was no compromise from
    520 words
  • WHAT THE OTHERS SAY
    • Article
      Polls could still help
      223 28 THE MAIN CONCERN now in Cambodia is whether the Khmer Rouge can cause widespread disruption when polling takes place in two weeks' time. Some UN officials there reportedly believe that the Khmer Rouge is not as strong as it is widely perceived to be. They estimate
      223 words
    • Article
      Stamp out this practice
      161 28 BERITA MINGGU yesterday exposed what is known as "marriage by contract" activity here. Muis must make clear its stand on this matter as it is obvious that there is at least one religious group here which legitimises such activity, based on its own interpretation of a
      161 words
    • Article
      Clinton must face reality
      164 28 THE "popular opinion" conducted after Clinton's first 100 days in office shows only 47 per cent approval, with the main criticism being his blur direction in economic recovery. Will Clinton rely more on the practical interests of the US economy or on the human rights issue?
      164 words
    • Article
      EAEC for a strong East Asia
      154 28 WHAT Anwar Ibrahim expounded at the ADB in Manila on Thursday was an important point and so easy to grasp. New forums, he said, need to be established for Asia to forge a common position in influencing the world towards greater openness, and to
      154 words
    • Article
      Bringing Malaysians together
      171 28 THE DISTANCE and the sea separating Peninsular Malaysia from Sabah and Sarawak have proved to be quite an obstacle towards national integration between the people living in these areas. Finding a cheaper alternative to air transport has proved to be difficult. As there seems to be no
      171 words
    • Article
      Keeping Hongkong in mind
      200 28 THE American journalist who referred to Governor Chris Patten's visit to the United States as a "lobbying mission on behalf of China" could, perhaps, be forgiven. Indeed, had he been made aware of his mistake, he might have countered that it was a moot point anyway.
      200 words
  • Article, Illustration
    Rewriting the future
    959 28 The IMF forecasts that all the big industrial economies will recover by end-1993. If so. The Economist wonders: when should governments apply the brakes? ALL economists are blushing about their recent forecasting failures, and the International Monetary Fund is no exception. In late 1991 the IMF forecast
    959 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      322 28 WhatA SB I \SSjgL **«tocfcs More liberal (rH rO IPV Making Your CPF Work Harder .1. JL V.LLV Y Singaporeans will have a potential $17 billion to invest with J the move by the government to liberalise the CPF. What will the effect be on the already heated stock market,
      322 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      64 28 f nio WO, R thousbnid) I ReroeroßO? UHOi oJOEK) we TvAOOGMT TWS V" N0....V9 u>fxs PUN P i UP»S moIGN ?Q&J v □eT~" R6J°£r r ntffn A PvLLPPN? cAMQCiATtoHtwtr^ttnlTP. immi DOONESBURY GARRY TRUDEAU UM. HI. I'M JOANIB f YOU'RE JOSH LYMAN' m, T ojjj CAUCUS. TM LOOKING THS WHITE HOUSE
      64 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Tough for the West to size up Ukraine
      1008 29  -  Chrystia Freeland examines why Ukraine is being increasingly regarded by the West as a 'spoiler republic Chrystia Freeland FT THE Moscow Club, billed as America's first "post-Cold War thriller", posits a nightmare scenario: a passionate Ukrainian nationalist works his way to the
      FT  -  1,008 words
    • Article, Illustration
      It's high time the axe was wielded, Mr Major
      1775 29  -  Neville Stack says, with the Tories having done a disastrousjob over the past year, John Major must get his team to perform or get rid of the bunglers Neville Stack The writer is a UK-based journalist who contributed this commentary to
      1,775 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      304 29 Austria Style '94 Singapore May 24th 25 th, 1993 2.00 p.m. 6.30 p.m. ANA Hotel Singapore For the fourteenth consecutive veor, leoding designers ond manufacturers from Austria will present the latest fashion materials and accessories to buyers and agents in South East Asia Please indicate the companies you ore interested
      304 words
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  • Article, Illustration
    China has best opportunities, say Singapore businessmen
    603 30  -  Investors respond to PM Gohs call to cast net wider in Asia From Yong Pow Ang and Amy Balan in SUZHOU SINGAPORE businessmen are looking at investment opportunities throughout the Asia-Pacific region, but China at this stage promises the best opportunities because of
    603 words
  • Article
    Lock icon S Korea to disband private club for top brass in military
    346 30 AP SEOUL South Korean army authorities yesterday admitted for the first time the existence of an exclusive, politically powerful club within top military ranks and said it would be disbanded. The admission, in a statement from army headquarters, reflects
    AP  -  346 words
  • Article
    Lock icon EC discusses ways to pressure Serbs to accept peace plan
    458 30 Reuter BRUSSELS European Community foreign ministers met yesterday to discuss how to pressure Bosnian Serbs into accepting an international peace plan that would end the 13-month-old war, including the possible use of force. But a new ceasefire pact and renewed
    Reuter  -  458 words
  • Article
    Lock icon Asian leaders meeting in Tokyo for talks on economy and security
    246 30 AFP TOKYO Top Asian leaders, including Singapore Prime Minister Goh Chok long and Malaysian Prime Minister Mahathir Mohamad, arc to gather here this week to discuss economy and security, officials said yesterday. Also to be present at the three-day
    AFP  -  246 words
  • Article
    Lock icon BIS says world banking slowed in fourth quarter of 1992
    272 30 Reuter BASLE Lending worries, capital constraints and retrenchment by Japanese banks caused a slowdown in world banking business in the last quarter of 1992. the Bank for International Settlements said. It issued a survey of world banking which covers banks
    Reuter  -  272 words
  • Article, Illustration
    A long, long way to Maastricht
    745 30  -  The Bottom Line MICHAEL HINDLEY MICHAEL HINDLEY The writer, a Briton, is a member of the European Parliament IN WORLD WAR I, weary British troops adopted as their anthem a musieal hall song. It's A Long Way To Tipperary. Tipperary, a pleasant town in
    745 words
  • Article
    Lock icon Hongkong's GDP up 5pc in fourth quarter
    411 30 South China Morning Post AP HONGKONG Hongkong's gross domestic product grew 5 per cent in 1992, up from 3.9 per cent in 1991, the government announced yesterday. In 1992's fourth quarter, GDP grew 5.1 per cent from October-December 1991. Financial Secretary Hamish Macleod
    South China Morning Post; AP  -  411 words
  • Article
    Lock icon French PM unveils austerity budget to plug soaring deficits
    407 30 Reuter PARIS France's conservative Prime Minister Edouard Balladur yesterday unveiled an austerity plan coupling tax rises and a boost to key economic sectors in a delicate attempt to cut soaring deficits yet revive growth. Outlining his first budget six weeks after
    Reuter  -  407 words
  • Article
    Lock icon Belgium sees deadline for Britain to ratify Maastricht Treaty
    407 30 AP BRUSSELS Belgium, which assumes the EC presidency on July 1, yesterday said Britain has until September to ratify the Maastricht Treaty or its EC partners will push ahead with a monetary union on their own. This view was reflected in
    AP  -  407 words
  • Page 30 Advertisements
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  • Shipping Times
    • Article
      Pacific Carriers expects upturn in dry bulk market
      407 31  -  By Juliette Walker SINGAPORE Locally listed Pacific Carriers Ltd (PCL) expects the dry bulk market to improve this year, buoyed by an upturn in the global economy and a drop in tonnage. In the group's 1992 annual report, chairman Kuok Khoon Ean
      407 words
    • Article, Illustration
      Lock icon Hit by sanctions
      38 31 Reuter BELGRADE Tugboats and fuel barge parked in Sava river port in Belgrade last week as river transport is reduced due to increasing shortage in fuel after the United Nations tightened sanctions against Yugoslavia. Reuter
      Reuter  -  38 words
    • Article
      Tussle for customers
      406 31  -  Burlington takes Transtec manager to set up freight forwarding company By Dexter Lee SINGAPORE A three-year alliance which broke up in 1990 has sparked off a showdown here between the Burlington and the Transtec groups. Burlington, a US-based air freight forwarder, fired the first salvo last month
      406 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      861 31 Page Col ABC Containerline 12 1 Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bangladesh L Tries 5 3/4 Bangladesh Shpg 9 3 Bank Line.
      861 words
    • Article, Illustration
      Call to add 20 container berths for HK
      527 31  -  From Florence Chong in SYDNEY HONGKONG will have to add about 20 new container berths to its present 28 if it were to cope with the volume of trade by the year 2006. Mr Tony Clark, secretary of the Hongkong Port Development
      527 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        582 32 Vessel Voy No Berth Arrival Oepjrtue Vessel Voy Wo Berth Vri»al Departue Jurone Port Fengtao U8 P05 atongside ll 05-2300 Aftad. la* A) 93 04 12 alongside 1105 0014 Kota Abadi ABI05W P02 alongside 1105 0600 Bw» Java OS 01 93 II alongside 1105 0500 Marme P
        582 words
      • Article
        CONTAINER SCHEDULES
        1489 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From Ace Concord 32* 13/2000 2 10/1700 11/0859 11/0900 3 U/0700 11/1159 11/1400 4 11/1200 11/1459 11/1700 Au Sow 65A 12/1500 2
        1,489 words
    • Article
      THE SHIPPING GUIDE
      10752 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dales of arrival and departure from the Port of Singapore. LEGEND PN: ->hip calls at Pcnang after
      10,752 words
    • Article
      SHIPPING AGENTS
      3358 45 Contninerline NV: Bclsin Shpg Agencics Pic Ltd (SyManne Handling Sdn I Bhd (PK/PN). Accord Group: Accord Shpg Pie Lid (SyAccord Conir Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg Trdg Ptc Lid (S) \hrenkiel L iner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Ptc Ltd
      3,358 words
    • Article
      COURIER SERVICES
      273 45 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air tvpress Intel Td: 533-5771. Fax: 535-6144. Airborne Freight C orporation Tel: 542-8844. Fax: 542-3716. *****80. Airswifl Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Senices
      273 words
    • Article
      AIR FORWARDERS
      1466 45 Abex K\ press Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td 225-1833. Fax: *****42. Activair Singapore Td: 542-7821 Fax: *****20. Aerolink Freight International Td: 545 8031 Fax: *****05 Verospeed Td: 542-5911. Fax: *****18. Air Cargo No»» Express Td: 542-5454. Fax: *****06. Air Express International Tel: 542-7666 Fax: *****74.
      1,466 words
    • Article
      PORT CONDITIONS
      1209 46 ALBANIA I Duress: Five vessels in port of which 1 discharging oil, flour, 1 beans, 1 discharging wheat. 1 discharging coal, 2 discharging j general cargo. ARGENTINA Buenos Aires: Port fully occu- pied, however no vessels waiting in roads, new arrivals should have little or no berthing delays.
      1,209 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1932 46 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP THE market has remained firm with activity in most sectors this week despite the onset of the Japanese holidays. Rumours are that a couple of Japanese tankers have been tied up on a subject basis, with such
      The information was contributed by Simpson Spence & Young; AFP  -  1,932 words
    • Article
      AIR FREIGHT SCHEDULE
      542 46 ARRIVALS DEPARTURES Op Hight Type ETA T Krom Op Flight Type LTD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT S1A SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL6I7 B747F 0345 1 TYO KAL
      542 words
    • Article
      CRUISE & FERRY SCHEDULES
      277 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calb Port Agent Telephone N* MAY 13 13 Fair-star 0700 1400 Arrival only BSA Transportation 336-9388 13 13 Fantasy World 1000 1900 Sin-Jakarta Lauw Sons Travel 227-8284 17 17 Fantasy World 1000 1900 Sin-Port Klang Lauw
      277 words
    • Article
      DAILY FREIGHTS
      591 47 THE BALTIC Freight Index for spot dry cargo shipping rates rose to 1,571 on Friday from 1,567 on May 6. FIXTURES Tanker. The tanker freight market finished what some described as its quietest week for many months with rates looking to have stabilised in most regions around the
      591 words
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      TRANSPORT DIARY
      930 47 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
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      Lock icon The heavy burden of empty boxes
      773 48 As the recession hits container traffic worldwide, container leasing companies are finding themselves with empty boxes on their hands Seatrade Review THE CONTAINER leasing business has experienced over five good years of high utilisation, steadily firming lease rates and generally satisfactory levels of profitability.
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    • AIR AND LAND TRANSPORT NEWS
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        Authorities back Bangkok Airways push for routes
        531 50  -  But idea of dropping Thai Int'l as sole flag carrier faces strong opposition From Alan Boyd In BANGKOK THAI aviation authorities have backed a campaign by domestic carrier Bangkok Airways to gain equal status with Thai Airways International, which could end the bigger
        531 words
      • Article, Illustration
        EVA Air to launch flights to South-east Asia
        353 50  -  By Ramesh Divyanathan SINGAPORE Taiwan's largest private airline EVA Air will launch its first direct international scheduled service from Kaohsiung to South-east Asia next month. A statement from the airline yesterday said six weekly services will operate between Kaohsiung and the South-east
        353 words
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        Lock icon Haffa sore about cargo terminal decision
        439 50 South China Morning Post HONGKONG The Hongkong Association of Freight Forwarding Agents (HafTa) has described as "absolutely disgusting" the Provisional Airport Authority's decision to invite non-Hongkong companies to bid for the cargo terminal at Chek Lap Kok. Haffa chairman Walther Nahr said the association,
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      • Article
        Strong yen seen hitting Japanese car makers hardest
        316 50 TOKYO Among Japan's leading industries, the car industry already facing stifT competition from US makers is likely to take the biggest hit from the yen's rapid rise, the Ministry of International Trade and Industry (Miti) said last week. The forecast is based
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          Lock icon PAL reports flat year
          66 50 AFP MANILA Philippine Airlines (PAL) made unaudited net profits of 1.1 billion pesos (5565.5 million) in fiscal 1992t93, unchanged from the previous year, an airline spokesman said yesterday. The 1992-93 fiscal year, which ended in March, was the national flag carrier's first under the management of
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          Lock icon Cocaine found on freighter in Pacific
          55 50 Reuter MIAMI US Coast Guardsmen unloading bails of cocaine from a container aboard a St Vincent-registered freighter at the US Coast Guard Station on Miami Beach on Sunday. The freighter Sea Chariot was stopped and boarded in the Pacific 480 km south of Panama
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          Lock icon Loral Corp gets US$64m military deal
          67 50 Bloomberg Business News WASHINGTON Loral Corp has received a US$64.l million (SSIO3 million) US Air Force contract for radar systems supplies. The agreement covers supplies for F-15 fighter jets. Of the total, US$4.2 million is for equipment that will be sold to Saudi Arabia.
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        • Article
          Lock icon Transport firm's US$200m note offer
          95 50 Knight-Ridder NEW YORK Transportacion Maritima Mexicana (TMM) last week offered USS2OO million (***** million) of 10-year notes to yield 9.285 per cent, or 337 basis points over the US 10-year Treasury according to lead underwriter Bear Stearns. The issue is priced at U5599,774 with a
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      • Article
        Lock icon British Airways pilots vote on strike
        214 50 Reuter LONDON British Airways' (BA) 3,000 pilots were scheduled to start balloting yesterday on a proposed strike over what they call an attempt by the company to introduce poorer terms and conditions. The British Airline Pilots' Association (BALPA), which has a 98 per cent
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      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1352 50 ati nw eta hp Ab* Dhabi GA893 1335 GA984 0150 Adelaide QF81 1940 QF82 2055 hn RJ182 2200 Amsterdam GA893 1335 SQ320 1100 KL837 1445 GA974 2215 KL838 2310 Athens SQ348 2300 Auckland NZ35 1550 NZ36 2340 SQ286 2030 Bahrain GF148 0905 B Seri Begawan BI455
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      18 31 If you want it titerej yesterday, Fly it with y— us today, MartwASM 1 f GRIFFIN KINETIC *****33
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      26 31 Linos and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association >55^^ For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      173 31 International Freight Forwarder EUROPE LCL FCL Services M+R FORWARDING PTE LTD Burden of empty boxes, Page 18 Bangkok Airways gets support, Back Page INTRODUCING EXPRESSRAIL'S EXPANDED ON-DOCK SERVICE. Seamless, on-dock transfers are only part of it The Port of New York New Jersey offers the most first-in/last-out sailings and new,
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      434 32 TSKUNE AGENCIES (S) PTE. LTD. rI 1 t ¥7 V Tel: 226-3363 HSH 1 «3tJ\t JLLNUr Hi,— 1 Tlx: RS *****/TSKSIN. qgfgg? TOKYO SENPAKU KAISHA, LTD. <* NO **********0N ""i lit IP mri Im, <* M ft ACX U.Y 368 **10.05 "12,05 11.05 14.05 11.05 2105 25.05 25.05 2605 27.05
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      1318 32 .MKT t9My ir pywyMgw CAllfOlitA PCGASUS 13 1M35 JOS 16 I 46 31 36 46 I 46 $6 6 6 NUM TRESU *0151$ 111% 31/5 4 6 7 6 1/6 10 6 11/6 W% 13 1 7/6 10 graLsro, g &d 1 ill »s 1 ,r« lasl as as as
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      2173 33 BH,PP,N AOENC ES P^AUNV J TvATEL AG Ol M 7lf7^fF H AX 8H 0?:75€5342 DOCUMENTATION TEL *****64 FAX *****09 PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 BOOKINGS TEL *****34 *****58/ *****40 "POH TEL *****3/4 FAX: *****6 CFSTPSA Fs> TEL *****21 *****79 PGUDANG TEL: *****2/3 FAX: *****4 (OPNS) CFS (PSA
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      1912 33 ■UIiViHiHHWH IRELAND/UNITED KINGDOM NEXT SAILING LARS MAERSK V. 9306 ETA SIN 13TH MAY 1993 Vosml Vo* ETA I ETD F seder by 1 See Laura*/ Anas DESTINATIONS Thu oeek MAGLEBY MAERSK 9304 ia/05 otoo mrs BHi CfS 17/05 2359 MRS JO* LPK PEN OAK LGB HOU MEM ATL MIA CHS
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      1515 34 AQABA R OAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H BURG A WERP HAVRE yVEST MALAYSIA KASUGA 1 26/118 13/5 29/5 1/6 30/5 Port Kelang Perang LEVERKUSEN EXPRESS 12/316 15/5 24/5 30/5 2/6 5/6 7/6 9/6 Pasir Gudartg FRANKFURT EXPRESS 67/119 20/5 5/6 8/6
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      603 34 CZHZBSS FCL Breakbulk Service to: I AFGHANISTAN MAM Afghanistan Ltd., I Sole Foreign Forwarder in Kabul for all services P C.I.S.- Vootochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam a Mongolia a Hungary CSFR a Poland L ocwrans AGENQES(FAR LTD II NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BAT A Feeder
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      1370 34 ragaiaaia u«t i REGULAR INDEPENDENT FULL CONTAINER SERVICE VBL7VO^^^^^^^^Sl^^AL^^bcl^VAL^LM!^»JAS^B«ei^RO^^ANT^FELJ NORASIA SUN 9317-3 11/05 01/06 02/06 03/06 04/06 06/06 07/06 08/06 09/06 10/06 1 NORASIA PEARL 9318-3 20/05 11/06 12/06 13/06 14/06 16/06 15/06 17/06 18/06 19/06 1 ARABIAN SEA 319* 25/05 15/06 16/06 17/06 18/06 19/06 20/06 21/06 22/06 23/06
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      1869 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 IlilJ'MMaimilJiWWiMAWiUMdrlllJlM ifeff) NEW GUINEA PACIFIC UNE CtV&f (A SERVICE OF CHINA NAVIGATION CO) accepts NSflyy CARGO OUI S/UIS r STRUTS PMX VI3E Muara. Lab 12-13 May 14 May 15 May FC u
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      1767 35 k»\ f SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd (fV% 1 AlllT*% 1 TICrS 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 ir\. u Te| 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT Mrtv .-a =5 alg sou ant hot nam
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      749 36 I rrgymigpg m> !..< I «t I w» n« upm mm >wk I woo urnwif I MATAAAM 34W8 In Port 10/8 13/6 lt/t Wf TO AUSTHAi!ir ,M m EAST COAST WWTS Wl VOY fKt STOtt STD MELB BKIS FRE ADEI MHO lATAKAIUA 76S 10 5 12/5 23/5 26/5 AHIO AUSIRALIA
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      1979 36 H ANJIN SHIPPING rnouy SM~~I LINE HAUL SEA POX FOR VSI SM |LME HAUL SAV HM NYC HANUN RnHFROAM 077F 13 5 OMECT 3/6 5/6 HANJM ROTTEROAM 022E 13/5 M EUROPE 007E 17/6 U/( 20/6 HANAN FELIXSTOWE 017E 20 5 OftECl 10/6 12/6 HANJM FELIXSTOWE 017E 20,5 H KEEL IMG
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      1503 36 J d I cTn"3"3^"l^ I m SGP RSC ice *16 PUS ICT 0» N6Y SMZ TTO UI CHS BAI WTC LMV WW ROM flf W PSD CIS 11 JSP I I I OKI! KMI 11/5 12/5 17/5 15/5 21/5 24/5 »/5 27/5 2«/5 25/5 11/5 11/5 21/1 25/4 2i't 4/7
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      1607 37 SCX: 'CALIFORNIA PEGASUS 13E' eta sgp 12/05/93 II •II II ARRIVING LOS ANGELES 30/05/93 IN 17 DAYS ill AEX: 'NEPTUNE AZURITE 09E' ETA SGP 13/05/93 H ARRIVING NEW YORK 14/06/93 IN 22 DAYS H TO Jnw USA ,N> cU, M r4 I I U FEEDER VSL VOY SGP MOTHER VSL
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      1044 37 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 EASTBOUrC-PCCHMONC WtSTBOUW-IOADWG TRAHSHPPED VIA
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      1532 38 AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR *0:**********0*) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 W W MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON IHO M Wft* TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I JL A A Jk# INDONESIA: P.T. SARANA LAUTINTERNUSA. *EL: JKT *****76. *****77,
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      674 38 phili onknt lings pre ltd V" 108 Robinson Road #07-00 QMQ Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 18 MAY SYDNEY. MELBOURNE. BRISBANE, FREMANTLE 12 MAY AUCKLANO. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH
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      393 38 GOLDEN LINEA %Cb G*V GUAN guan shipping (PTE) LTD W 23, IM r cr Street SMGATOftt 0104 m 514J9U (1# LMB) fa: *****04 (CD No 1012M*****W) imiTi/nmun cult sebtick S pore P Keiang Penang IRAK OACt Karat!* Dub* 15/14 May A m Aaracfc DuC* 24 21 Ma* CHIMA IMVICE GOLDCN
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      813 39 pacific international lines (pte) ltd I 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I I SSSSSSSS mm flfev CR NO **********0E I VESSEL «N CMB J,B HOD JED AQJ KOTA WIJAYA WJAO2S 2/6 1V« v* KOTA WIRAWAN WRNO2S SAILED 1«/5 21/5 tt/S a/5 30/5 HAI XIOHQ HXOOI 13/t 18/6
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      1207 39 <i AUSTRALIA SOUTH ASIA SERVICE EXPORT: TO AUSTRALIA IMPORT: FROM AUSTRALIA Visstl NAM VOY SIN STP MLB KSStI WW STP fKI *HM *H MMCTA 142 15/05 01/06 04/06 PINCH 539 2«/04 01/05 15/05 17/05 19/05 19/05 20/05 OIANWA 143 2S/05 11/04 14/06 OIAWW 540 01/05 04/05 2«/05 30/05 01/06 01/06
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      316 39 mm MYANMA mmmk five star line W (Myanmar National Line) Loading for Yanjon (Ranfoon) Spore P.Kit Pen PGdj EROIVIISW I* Port PA All Vl9o* 14/17 Msy 9/11 *»T AG AN VI97W 13/16 VA V 122*1 14/16 Miy MALAYSIA AGWTS BOUSTEAD SVfMG AGENCES KIA IU 03-*****00 «L: TO. 03-3Slt7t7 rt* m
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      2468 42 Full Container Liner Services Malaysia's Agents: Indonesia s Agents j Central Agents: Booi/« *«Mtv CiM» C«M Mippim M. BM C»«.< CkiM Sliiww W» BU fj. CIMI IHootu Mtntim Costar Shipping Me Ltd smf™*«~««s^2",2?"""" M sa !££JJ2* «wlwNta .ism £&<!»««« SSeMiLk SriSra&saMii. SgjSV 1 Bookings 226 1833/226 1900 fa: 337 24*1
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      674 43 v i(i£ FAMOUS CONTAINER LINES Jim* 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 17/05 ROTTERDAM 12/05 AARHUS/COPENHAGEN 17/05 HAMBURG/BREMEN 17/05 MARSEILLE/FRANCE 13/05 FELIXSTOWE/UK 17/05 BARCELONA/SPAIN 13/05 LEHAVRE/FRANCE 13/05 GENOA/ITALY 14/05 ANTWERP/BELGIUM 16/05 LOS ANGELES/WC/IPI 16/05 SYDNEY/MELBOURNE 13/05 NEW YORK/EC 16/05 FREMANTLE/ADELAIDE 13/05 VANCOUVER
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      629 43 t^^^TlSlFltl7TußlN^^£NClE^(S^TT^^^ TEL: *****33 (12 Lines) FAX: *****15/*****03 ffl TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA LOAOtNG FOH SPORE ABVOT 32W8 06 06 DAME SS ALA AM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANEr 30WB IS 07 DARESSALAAM MOMBASA DJIBOUTI
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      642 43 JAKARTA BANGKOK una wt m mi *sm tot smmm GURU BHUM 190S 12/5 15/5 OEIA BHUM' 27W Tut In PI fh 14/5 RAIABHUM 77$ uTs li/5 J4AHAJHUII JS7N. _J»«! IHI 7T77 NANTA BHUM 141N Sal 15/5 Wed U/5 LL ORAGON SENIOSA 35N Sat 15/5 Tut 14/5 IHAHA BHUM 30S 17/5
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      319 43 &aagaa Uttß-Ufl BAY OF BENGAL SERVICES kssel *o» mm mi I TIGER CttlK 31* 12 13/05 IS-20/05 *-27/05 1 nan SIM W* IJ-14/05 20-21/05 27-20/05 CUTI BOM MSI A 24« 10-17/05 21-24/05 30-31/05 J MB Mmow S7W 20-H/05 27-21/05 0340/00 ttSgt WY SW CM SW I LHOia MO 12 13/05
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      1452 44 pAMMM mUTAIMFR I INFS l^iv/Vvl Agents: MAC-NELS SPORE: *****22 (24 LINES) PENANG^O4) *****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 TUE/THU/SAT p EN PK SIN 11/5 12/5 13/5 Hong Kong Ldn/Flx/Rdm/Ant/LHV/Ham 15/5 16/5 17/5 13/5
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      231 44 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKL LVT SM PROSPECT 24S 15/5 2S/5 30/5 15/6 N Z STAR 7S 25/5 6/6 8/6 25/6 PREMIER 24S 8/6 21/6 23/6 8/7 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER,
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      970 44 THONG SOON UNES PTE. LTD.] Ms 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKING UWE: WWQAPOM TO OARAWAK VESSEL |0Y SPORE DEST VESSEL VOY SPORE PEST 1/ EQUATOR JADE 77/3E 11 MAY
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      74 47 —-l Executive Housekeeper this UstelTT^ O vm I I wants is me. Bub I'll never neglect L X Any Job. Any Career. EYE ON THE Available any Day. TB/*CDC Any Time. Anywhere. IMuw Nobody covers East Asia like we do. The Straits Times The Sunday Times business Times The new
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  • Page 47 Miscellaneous
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      714 47 TODAY'S TIDES (hejflt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 o*oo 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1800 1900 2000 2100 2200 2300 JR 2.5 3.0 3.1 2.9 2.5 2.0 1.4 09 0.6 0.5 0.5 0.7 1.2 1.7 2.0 2.2 2.2 2.0 1.7
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      448 48 NORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 53N8 14/05/93 22/05/93 MONDAy Magi SINGAPORE 53ANB 17/05/93 22/05/93 vigour PACFIC ISMB 21/05.93 29/05/93 VIGOUR PACFIC 18ANB 24/05/93 29/05/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT KLANG PENANG MARXA MAS 9373N8 12/05/93 14/05/93 jjgrre GRACE 9319N
      448 words
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      405 48 ISgm FREIGHT MANAGEMENT^ GENERAL: *****11 BOOKING: *****55 ASEAN EUROPE/MEDITERRANEAN Penang 13/5 Le Havre, Rotterdam, Antwerp, Port Kelang 13/5 Hamburg 16/5 Manila 16/5 Felixstowe 15/5 Jakarta 18/5 Barcelona, Genoa, Marseilles 14/5 AUSTRALIA/NEW ZEALAND Bangkok 16/5 Sydney, Melbourn. 15/5 INDIAN SUB CONTINENT Brisbane 15/5 Bombay, Karachi 17/5 Fremantle 13/5 Chittagong 19/5 Adelaide
      405 words
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      376 48 Kwood line SOUTHERN AFRICA SERVICE SPORE PI CT •«NTA ***** M POUT 21/5 27/S 3/0 •ALSO CALLS EX. MO Pi. PK SEA FIX SHIPPING SON BHO TIL SS7 SS2STLX J7740 KJC-: CAPRICORN FREIGHT MRWCP TEL *13 202 TLX 61S0S sfjL SECIL MARITIMA, U.E.L Luanda, Angola. FAR EAST/ ANGOLA SERVICE SPORE
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      855 49 A HYUNDAI WESTBOUND TO EUROPE VESSELS VOY PNA PKE PCD VESSELS VOY_ SW RTM AWT* LEH* HAM WE) FEL_ HMM ADVANCE 16A 04/05 05/05 06/05 H. EXPLORER 305W 09/05 28/05 28/05 29/05 30/05 30/05 01/06 HMM ADVANCE 17A 11/05 12/05 13/05 H. CHALLENGER 304W 16/05 04/06 04/06 05/06 06 06
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      585 49 I STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I IHBOUHD VESSELS I I nsai «i I I OMCI OU I BU 12 S U S Sll I I KISMW It ■PT 11 s Ml IS S I I COSMC Cltlliaai li ■PT 11/1 OMUI 14/J I I
      585 words
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      1087 49 OUR USA —rc —|m a**.*.* p nTo I 1" I"* I*" rIS I"" I"" I"" SERVICE CALLS ■m itw a n AuMioi ncrar turn u n-« «m tm »4/«4 mm mm SINGAPORE^ f •MA MM (MM ITfT AUSAKM MBIT I MKI IHt/W WW W/W WW WW WW 11/W H'« U«
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      6 50 c L Tomorrow in Business Times
      6 words
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      48 50 3] £>>ial ri Tomorrow in Business Times -I Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. know the world from start to Finnish.
      48 words