The Business Times, 12 May 1993

Total Pages: 48
1 48 The Business Times
  • 14 1 SINGAPORE Business Times WE KNOW ASIA MITA (P) 552/12/92 Wednesday May 12 1993 75'
    14 words
  • 2am LATEST
    • 87 1 AFP CHICAGO Faced with resistance in Congress, President Bill Clinton is prepared to scrap his proposed investment tax credit, opting instead for a smaller increase in the corporate income tax than earlier envisaged, an administration official said. Although Mr Clinton sought the
      AFP  -  87 words
    • 66 1 AP LINCOLN WOOD, Illinois President Bill Clinton inay send troops to Macedonia as part of a UN peacekeeping force looking to stem the spread of Serbian aggression. "It's not something that's imminent. It's something that's come up in discussion (as) a way to keep
      AP  -  66 words
  • Article, Illustration
    113 1 Stock market indices Tuesday < hangc STII 1,794.04 +22.02 K.LSE Composite 710.99 -5.55 Nikkei 21.940.J7 -114 34 Hang Seng 6.841.97 f 102.74 SET Index 850.35 +8.51 Jakarta Composite ...316.41 +0.4 CLSA China B 1.273.32 +6.35 AustAIIOrd 1,687 4 +15.4 FrSE 100 2.836.1 16.3 Tuesday Prnkm I lam close
    113 words
  • 143 1  -  By Schutz Lee SINGAPORE China's central land authority has submitted a report to the State Council to tackle the problems faced by foreigners investing in its fast-developing real-estate sector. Liu Wenjia, deputy direc-tor-general of the State Land Administration, told a Singapore audience
    143 words
  • 171 1 BANGKOK An inferno in a doll factory on the outskirts of Bangkok killed 240 and injured at least 547 others. The death toll is expected to rise as bodies continue to be extracted from the rubble of the charred factory buildings victims
    Reuter  -  171 words
  • 466 1  -  By Lee Han Shih Lim Soon Neo SINGAPORF China will not restrain its exports to the United States and will not remain passive in any trade negotiations, Chinese Minister of Foreign Trade and Economic Cooperation Wu Yi said yesterday. Madam Wu, in
    466 words
  • 495 1  -  From Catherine Ong in HONGKONG DEEP TROUBLE is brewing at Morgan Grenfell Asia, one of South-cast Asia's leading financial houses. All but one of the directors of the board of its holding company have resigned, BT learnt yesterday. Merchant banking and stockbroking stall
    495 words
  • 457 1  -  From Yong Pow Ang in SUZHOU AN AGENCY of Singapore's trades union movement signed an in-principle agreement yesterday with the Suzhou municipal government to develop an industrial township in the city, loeated some 90 kilometres from Shanghai. SLF International, a whollyowned
    457 words
  • 125 1  -  From Amy Balan in SUZHOU THfc Sembawang Shipyard group has signed an "agreement of recognition" with the Suzhou municipal government to build a multi-billion-dollar power station. The agreement, described as a very preliminary document of intent, is meant to anticipate future demand, said Hsu Tse Kwang,
    125 words
  • 102 1 Reuter HONGKONG Prices soared on the Hongkong stock exchange yesterday after Britain and China reached a longawaited agreement on this year's land sales in the colony. The Hang Seng Index closed at 6,841.97, up 102.74 points, the biggest one-day jump in nearly
    Reuter; Source: Bridge Info  -  102 words
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    • 176 1 IHfWIiUBMII JOTS CONTENTS News Cmrbmhss Spore News 2 S'porelfsia ..9,10.11 Regional News 3.4.6 Financial 12.14 World News 1 Features Markets 21 Oob/KLSt. StS 19.20 Ettord 26 Repwul 1/ Sports 21 Work) 18 IV/litestye 23 Currencies 14 World Focus 8 Smei Commo .15.16 Subscription Tel 1800 7492b// Fax *****/5 BT Editorial
      176 words
    • 8 1 Regional Analysis Long road to unification Pg 25
      8 words
    • 11 1 Hock Lock Siew Investors wary of China B shares Pg 9
      11 words
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    • 26 1 madf. in SCHUHE BOUTIQUE #02 2X RAFFLES CITY SHOPPING (TR ThL 33W228 I RA optimistic about township's potential, Pg 2 Full report of accord, Pg 4
      26 words

  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 321 2  -  By Magdalene Ng THE Asian Dollar Market has bottomed out and the signs are pointing to an upturn. Figures from the Department of Statistics show that total assets of the Asian Currency Unit market slipped in December and January. In February however, the market
        Source: Dept of Statistics  -  321 words
    • 396 2  -  Potential for high-tech parks, housing, resort and commercial development From Amy Balan in SUZHOU THE Urban Redevelopment Authority of Singapore is optimistie about the development potential ot the Suzhou East New Development District the township project proposed to seal cooperation between Singapore and the
      396 words
    • 344 2  -  Prime Minister Goh in Japan From Chuang Peck Ming in TOKYO SINGAPORE'S top priority is still to make itself attractive to foreign investors. But increasingly, it also wants to build up an economic presence in the Asian region, says
      344 words
    • 233 2 Fishball-making latest trade to go automated A SINGAPORE company scored a first yesterday with the unveiling of the region's first automated fishball production line. Lim Boon Chay. Thong Sick Food Industry's managing director, said: "Our company believes that with this automation process, we would he better placed in a better
      233 words
    • 391 2  -  By Joseph Rajendran TRAILBLAZING Creative Technology is paying Canadabased Archer Communications Inc an undisclosed sum for a patented sound technology. Creative, which will use the technology for a minimum period of three years, said yesterday that it will pay the licence fee in
      391 words
    • 369 2  - Government to build $8b power station in Tuas Singapore's largest By Lilian Ang THE government will spend about S8 billion on a proposed power station in Tuas. as part of an exercise to meet rising electricity demand. Trade and Industry Minister S Dhanabalan yesterday said that the new plant, which
      369 words
    • 343 2 Seminar identifies niche market for suppliers of multinational corporations SINGAPORE'S support industries keen on entering the China market should find their own niehe. ensure their products are up to scratch and rely on more than just one multinational client, said speakers at
      343 words
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      187 words

  • THE REGION
    • 441 3 Reuter AFP BANGKOK More than 30 hours after fire swept a toy factory in a western suburb of the Thai capital killing at least 240 people, oily dark smoke still billowed from the twisted rubble yesterday. Cranes and mechanical diggers
      Reuter; AFP  -  441 words
    • 272 3  -  By Corinne Kerk SINGAPORE Asia-Pacific nations will have to spend $750 billion to meet an expected demand for 500 million more telephones in the region in the the next 20 years, delegates to a conference were told yesterday. The director of the
      272 words
    • 441 3 Bernama Reuter AP PHNOM PLNH United Nations peacekeepers are to return weapons collected from three of the rival factions in Cambodia, sources in the UN Transitional Authority in Cambodia (Untac) said yesterday. The three factions started to disarm last June under provisions
      Bernama; Reuter; AP  -  441 words
    • 350 3 Reuter NUSA DUA. Bali Indonesian President Suharto yesterday called for a global partnership to "lift the world from its current economic disarray". He told an economic gathering of Non-Aligned Movement (NAM) members that the fate of the rich countries of the
      Reuter  -  350 words
    • 428 3  -  From Stephen Vines in BANGKOK THAI Prime Minister Chuan Leekpai has publicly aired fears that this month's general election in Cambodia will not solve the country's problems and that Thailand will have to shoulder the biggest burden if fighting continues.
      428 words
    • ASIA NOTES
      • 107 4 AP TOKYO C hina. Russia and North Korea have agreed to set up a eoordinating committee to develop plans for an international economic zone near the T umen River. North Korean media reported yesterday. The agreement came at a UN-sponsored meeting on Sunday and Monday
        AP  -  107 words
      • 118 4 AFP SEOUL As many as 80 South Korean students and police were injured in clashes when police fired tear gas to block some 1,000 protestors from marching into downtown Kwangju, press reports and dissidents said yesterday. The clash late on Monday was the most violent
        AFP; Reuter  -  118 words
      • 116 4 AFP PHNOM PENH Thailand racked up more than half of all violations in April against Cambodia's ban on log exports, make it the biggest offender for the fourth straight month, the United Nations said yesterday. Exports to Thailand in violation of the ban accounted for
        AFP  -  116 words
      • 101 4 AFP BANGKOK The Thai government, faced with farmers' protests over the low price of rice, has approved a four-year budget of 1.55 billion baht (5599.1 million) to promote the growing and sale of rice, press reports said yesterday. The move was approved on Monday by the
        AFP  -  101 words
    • 422 4 Reuter AFP HONGKONG The SinoBritish Land Commission has agreed on a 127.8-hectare government land sales programme for 1993/94. leaders of both sides said in a joint statement yesterday. "The two sides agree that the land disposal programme in the 1993/94 financial
      Reuter; AFP  -  422 words
    • 72 4 Reuter BEIJING Daredevil British stuntman Eddie Kidd jumping with his motorcycle over a section of the Great Wall of China yesterday. He rode down a takeoff ramp and soared about 10 metres in the air to cross the 6-metre-high wall, clearing it with about 3-4.5
      Reuter  -  72 words
    • 249 4 Reuter AFP SEOUL A visiting senior US defence official assured President Kim Young Sam yesterday that Washington would not withdraw troops from South Korea until North Korea renounced its suspected nuclear weapons programme. "US Deputy Secretary of
      Reuter; AFP  -  249 words
    • 230 4 Reuter HONGKONG Hongkong's market watchdog, the Securities and Futures Commission (SFC). and the Stock Exchange have launched a crackdown on a flood of Chinese state enterprises seeking "backdoor" listings in the colony. In a joint statement, they said they would be watching for
      Reuter  -  230 words
    • 394 4 Reuter SEOUL South Korea said yesterday it had released military officers arrested for corruption. sparking cries of outrage from opposition parties that accused the government of backing down on a pledge to root out graft. A Defence Ministry spokesman said 12
      Reuter  -  394 words
    • 419 6 Reuter TOKYO Plans by Japan's Construction Ministry to reform its system of bidding for public works, under strong attack from abroad, came under fire at home yesterday. "The Construction Ministry's reform plans did not include a single word about introduction of an
      Reuter  -  419 words
    • 177 6 Reuter TOKYO Russian President Boris Yeltsin eallcd off a proposed visit to Japan this month due to domcstie political unrest, not because of a bitter territorial row. A senior Japanese foreign ministr) official said yesterday: l he domestic situation in Russia worsened
      Reuter  -  177 words
    • 339 6 Reuter KYOTO. Japan Japan faces a humiliating rebuff at the 39nation whaling conference here, which looks set to uphold an eight-year-old global ban on commercial whaling. Japanese officials said yesterday that to make matters worse for the hosts, the International Whaling Commission (IWC)
      Reuter  -  339 words
    • 34 6 Reuter SYDNEY Martine Poulain (right) modelling a volunteer police uniform. New South Wales police on Mondav launched a recruitment drive for volunteers to help them in their fight against crime. Reuter
      Reuter  -  34 words
    • 231 6 Reuter SYDNEY Australia's unemployment rate is expected to have jumped back over 11 per cent again in April, lending force to speculation that another cut in interest rates can be justified. Analysts said yesterday that most forecasts are for the unemployment rate,
      Reuter  -  231 words
    • 178 6 Reuter CANBERRA Australian Prime Minister Paul Keating yesterday warned his Labor Party not to get embroiled in complex constitutional reforms in the push towards a republic. Mr Keating said he simply wanted to replace Britain's Queen Elizabeth with an Australian head of state and
      Reuter  -  178 words
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  • Page 4 Advertisements
    • 606 4 HI I B I I Keppel Corporation Limited I (Incof pcfdieO in the Republic ot Singapore) I NOTICE OF ANNUAL GENERAL MEETING I NOTICE IS HEREBY GIVEN that the 25th Annual General Meeting of the Company will be I held at the Company's registered office, Keppel Corporation Limited, Board Room,
      606 words
    • 157 4 A Modern 6-Storey Warehouse Complex Incorporating Quality Office Space Ready For Occupation October 93 Close Proximity to CBD and Orchard Area Easy Access to AYE/CTE/ECP Near to RedhiM MRT Station Total Lettable Area: 57,000 sf Developer SHRIRO PAPER (S) PTE LTD Sole Marketing Agent Jones Lang Wootton Tel: 220 3888
      157 words
    • 337 4 I VV Straits Steamship I 1 ft 2 Land Limited I (Incorporated in the Republic of Singapore) H I Notice of Annual General Meeting I ALL MEMBERS ARE CORDIALLY INVITED to attend the Annual General Meeting of the H Company which will be held in the Straits Room. 10 Collyer
      337 words

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    • 330 6 YOUR NEXT BREATH CAN CONTAIN HARMFUL FUNGI, VIRUSES, BACTERIA AND HUMAN SKIN. UNLESS YOU HAVE THE GERMITROL 200 AIR STERILIZER. Hold your next breath and read on. employee absenteeism and lower productivity. You can't see them, you can't feel them, but they're all there. That's why you Tests, however, have
      330 words
    • 257 6 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 NOTICE IS HEREBY GIVEN that, I WONG SOON SENG of Blk 319 Scrangoon Ave 2 #02-352 Singapore 1955, have applied for a Retail Liquor Licence in respect of premises at M/s NTUC Fairprice Cooperative Ltd at Yishun MRT Station, 301 Yishun
      257 words

  • THE WORLD
    • 467 7 Reuter AFP NYT WASHINGTON The White House, knuckling under fierce pressure from opponents of its proposed energy tax, has said it is willing to compromise even further on the structure of its US$22 billion (5535.4 billion) a year proposal. White House
      Reuter; AFP; NYT  -  467 words
    • 219 7 NYT UNITED NATIONS In a move seen as likely to rankle many Third World governments, US President Bill Clinton has nominated a specialist on the environment as the new administrator of the UN Development Programme (UNDP). The nominee, James Gustave
      NYT  -  219 words
    • 211 7 Reuter PARIS France's conservative prime minister has admitted his newly unveiled austerity budget may erode the high popularity rating he has enjoyed since taking office six weeks ago. "I am very conscious of the risks of unpopularity that could result," Edouard Balladur
      Reuter  -  211 words
    • 194 7 AFP KHARTOUM A senior Sudanese official declared on Monday that the government was planning "mobilisation" measures in its conflict with Egypt over the disputed territory of Halaib. The Sudan news agency (Suna) said Ghazi Salah Eddin, minister of state in the presidency.
      AFP  -  194 words
    • 158 7 Reuter BRUSSELS Britain has again blocked agreement on a European Community strategy for developing high-definition television. However, Danish Communications Minister Arne Mekhior, who chaired a meeting of EC telecommunications ministers on Monday, said the two sides had moved closer and he was optimistic
      Reuter  -  158 words
    • WORLD WATCH
      • 127 7 Reuter WASHINGTON The Palestinian delegation to Middle luist peace talks on Monday dismissed as completely inadequate Israel's latest offer to allow 25 more of the Palestinians it deported in December to return home. Israel made the new offer through a US government intermediary on a
        Reuter  -  127 words
      • 73 7 Reuter JOHANNESBURG The African National Congress (ANC) said yesterday white rightwingers were plotting to assassinate its leaders and derail democracy talks aimed at ending white minority rule in South Africa. It said one of the conspirators had confessed to police last week he had
        Reuter  -  73 words
      • 100 7 Reuter DURBAN President FW de Klerk said yesterday South Africa's democracy negotiators were making progress and a government of national unity could be in place by next vear. "We arc making heartening progress in this regard and look forward to the early establishment of
        Reuter  -  100 words
      • 70 7 AFP MOSCOW The trial of 12 former high-ranking Soviet officials charged with organising the abortive August 1991 coup has been postponed for another week, due to the poor health of one of the accused. Alexander Tizyakov. Interfax news agency reported that the trial before
        AFP  -  70 words
      • 55 7 Reuter WASHINGTON Russia's defaults on US-backed food and feed loans rose to US$B4O million, the US Agriculture Department said. On Monday, one lender filed 14 default notices totalling US$l.B million. Two lenders filed two claims for U*****,900 in USDA reimbursement on the past-due loans. Cumulative
        Reuter  -  55 words
    • 183 7 NYT WASHINGTON Under intense pressure from the White House, some leading congressional critics of the North American Free Trade Agreement are toning down their oratory. A few of them are even saying they might support the pact after all. Democrat Richard Ge- phardt.
      NYT  -  183 words
  • Page 7 Advertisements
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      141 words

  • WORLD FOCUS
    • 1255 8  -  Danish referendum on the Maastricht l reat\ From Neville Stack The writer is a UK-based journalist who contributed this commentary to BT in LONDON FOR A PEOPLE whose best known citizen was called The Gloomy Dane, the people of Denmark are thoroughly enjoying the experience
      1,255 words
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    • 1505 8 B U S I N E S S TIM E TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN thai, I,LohNyen Yiu of 5001 Bcach Road #15-77 Golden Mile Complex, Si ngapore 0719, have applied for a Retail Liquor Shop Licence in respect of premises
      1,505 words
    • 242 8 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER Of SG 2 FAR EAST PTE LTD (IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 ot the Companies Act. Chapter 50, that the FINAL MEETING of the Members/Creditors of the abovenamed Company will
      242 words
    • 220 8 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF SHUN HO INVESTMENTS <S> PTE LTD (In Members' Voluntary Liquidation) FINAL MEETING Notice is hereby given pursuant to section 308 of the Companies Act, Chapter 50 thai the Final General Meeting of the members of the
      220 words

  • COMPANIES & MARKETS
    • 309 9 SINGAPORE Keppel Corp's performance this year will depend largely on the state of the shiprepair industry which continued to face weakness in the first half of 1993, said chairman Sim Kee Boon in the group's annual report. "Any improvement is contingent upon
      309 words
    • 372 9  -  By R Sivanithy SINGAPORE Diversified food manufacturers QAF Ltd is expanding its business in the region by setting up two companies one to run a duty-free shop in Myanmar and the other to provide fruit storage facilites here. In a statement yesterday, QAF
      372 words
    • 219 9 SINGAPORE United Overseas Bank will hold a three-day investment fair from next Monday as part of its push to encourage people to open CPF investment accounts. Visitors to the fair on the ground floor of UOB Plaza, Raffles Place can obtain information on stocks and
      219 words
    • 169 9 SINGAPORE Can jnaker Pacific Can Investment Holdings is expanding into the specialised construction engineering sector. The group has enlarged the issued and paid-up capital of a newly-incorporated subsidiary, CKM Building Technology Pte Ltd (CKM-BT), from $2 to $2 million. CKM-BT will research and
      169 words
    • 686 9  -  By Catherine Ong HONGKONG Have China B share markets shot themselves in the foot the way the emerging Indonesian bourse did a year ago? It has not escaped the attention of mar-ket-watchers that the recent US Securities and Exchange Commission's "no-action" letter
      686 words
    • 87 9 Arthur Lee SENSING a good chance of getting an allotment, eager investors yesterday snapped up applications forms for shares in Singapore Technologies Industrial Corporation. The queue outside OUB Centre was long almost throughout the day. A total of 135,000 application forms were handed out.
      Arthur Lee  -  87 words
    • 361 9  -  By Quak Hiang Whai SINGAPORE State-owned banking giant Bank of China (BOC) will soon be dealing in shares on the Stock Exchange of Singapore. Zhang Guo Wen, executive assistant president of BOC. said the bank submitted an application to the Monetary
      361 words
    • 275 9  -  From Leslie Lopez in KUALA LUMPUR TRADING in the shares of Malaysian retailer Metrojaya Bhd on the Kuala Lumpur Stock Exchange was suspended yesterday, sparking speculation that conglomerate Malayan United Industries may be taking a stake in the company. Shares of MUI, controlled
      275 words
    • Article, Illustration
      359 9 Source: Bridge Info Performance of STII's index stocks May 11 Last Sens* Index Stock sale Cher factor movers (S) Avimo 2 250 1.75 0 00 CAC 7 250 0 100 5.65 6.35 C crcbos 5 250 -0.100 4 09 -6.3S FAN ***** 0 600 4 04 38 10 GF
      Source: Bridge Info  -  359 words
    • COMPANIES
      • COMPANY BRIEFS
        • 74 10 SINGAPORE The Kuwait Investment Office (KIO) has reduced its stake in Sembawang Shipyard to about 2.55 per cent with the sale of another five million shares on May 5. KlO's shareholding now amounts to 8.74 million shares. This includes 5.37 million shares held directly and
          74 words
        • 76 10 SINGAPORE Innovest Berhad announced yesterday that it was no longer a substantial shareholder of KFC Holdings after selling a major portion of its stake in KFC on Dec 22. This included the disposal of 5,335,000 and 1,540.000 shares in KFC Integrated Poultry Industry Sdn Bhd and
          76 words
        • 40 10 Reuter HO CHI MINH CITY A tug boat cruising along the Saigon River where huge billboards with advertisements of foreign companies stand on the riverbank in Ho Chi Minh City, the commercial capital of Vietnam. Reuter
          Reuter  -  40 words
        • 66 10 SINGAPORE TWO overseas subsidiaries of specialty battery supplier GP Batteries International (GPBI) have obtained ISO 9002 certification for their products. The two are Sylva Industries in Hongkong and Gold Peak Industries in Taiwan. Sylva makes micro-batteries for watches, calculators, remote controls as well as
          66 words
        • 44 10 SINGAPORE SAFE and the Mansfield group are jointly organising a one-day conference on investment opportunities in Asian stocks and international real estate on Saturday at the Concorde Hotel. The fees are $320 and $180 respectively for a full-day or half-day session.
          44 words
      • 461 10 UNIT TRUSTS FUNDS Managers' prices May 12 Prudential Singapore Unit Trust PruLmk mh Fund 109 us The Commerce 1.34 1.41 MARA-Bumiputra The Savings Fund 1.19 1.25 p 1R Bputra 1.83 l.88cd S pore Prog Fund 0.56 0.59 Second Bputra 1.77 1.82 S;pore See Fund 0.90 0.95 Thlfd B tra 6.20
        461 words
      • 208 10 AFP MANILA The Philippine government is set to sell five billion pesos (SS29B million) worth of shares in the giant Manila Electric Co (Meralco) by August as it had vowed to get off the back of private business soon. Magtanggol Gunigundo.
        AFP  -  208 words
      • 509 10  -  From Catherine Ong in HONGKONG HONG LEONG Industries Manufacturing (HLIM), the former Hume Industries, is exporting prefabrication technology to public housing projects in Hongkong through a joint venture with publiclylisted Daido Concrete (HK). HLIM is a private company within Hong Leong Corporation.
        509 words
      • 316 10  -  From William Chia in JAKARTA INDONESIAN garment maker PT Great River Industries is planning a l-for-2 rights issue to raise 36 billion rupiah (SS2BB million) to reduce its gearing and improve the liquidity of its shares. Sources told BT that
        316 words
      • 274 10  - Manila gets billion-dollar proposals from S'pore Telecom tie-up and Cable Wireless By Genevieve Cua SINGAPORE Two jointventure groups have proposed to invest billions of dollars in an integrated nationwide telecommunications network in the Philippines. The proposals by Globe Telecom, a joint venture between Singapore Telecom International and the property-based Ayala
        274 words
      • 1365 10 Payment Ex Books Pa> (S) dale close dale Acma F 7.5 Jun 10 Jun 22 Jul S Apollo F 2.5 Jun 21 Jun 2$ Jul IS Boustcad 5C I 7.5 Apr 22 Ma> 7 Jun 4 B Ka>a F 3 Ma> 25 Jun 9 Jul 8 ("hem Ind
        1,365 words
      • 386 11 US photocopier dealer Alco announces agreed hid for Erskine House Reuter LONDON International services group lneheape pic yesterday took a 15.3 per cent stake in struggling Gestetner Holdings pic. the world's largest independent photocopier dealer, in a deal backed by Japan's Ricoh
        Reuter  -  386 words
      • 59 11 Reuter NEW YORK Norio Ohga (left), president and CEO of Sony Inc, joining New York Mayor Da>id Din kins and singer Dolly Farton to cut a ribbon for the opening of Sony's new recording arts complex here on Monday. The centre will be used
        Reuter  -  59 words
      • 438 11 Reuter TOKYO Japanese companies and brokerages are urging the Ministry of Finance (MOK) to lift an informal ban on new share issues by listed companies but the authorities are nervous the market would be unable to absorb the ensuing flood. Brokers said a
        Reuter  -  438 words
      • COMPANY BRIEFS
        • 103 11 Bloomberg Business News NEW DELHI Bellary Steels and Alloys Ltd, a metals company based in southern India, has done the unthinkable by returning share application money to subscribers rather than ask underwriters to pay up. "It has never happened before," said Prithvi Haldea, a primary
          Bloomberg Business News  -  103 words
        • 105 11 Bloomberg Business News HONGKONG Dazhong Taxi, Shanghai's second largest taxi company, has priced its proposed stock issue at more than a 50 per cent discount to its shares' market price to attract more investors. "They had to find a way to make the issue
          Bloomberg Business News  -  105 words
        • 100 11 Bloomberg Business News TAIPEI The New Asia Construction Development Corp will list on the Taiwan Stock Exchange on May 25, the company said yesterday. New Asia, a mid-sized builder that has profited from a recent construction boom in Taiwan, had sales of NTS
          Bloomberg Business News  -  100 words
        • 99 11 Bloomberg Business News TAIPEI President Enterprises Corp, Taiwan's largest food company, is in talks with San Miguel Corp of the Philippines to set up a noodle factory in the Philippines, a President spokesman said yesterday. The project is one of several that President officials
          Bloomberg Business News  -  99 words
      • 314 11 NYT SAN JOSE, California Sounding a direct challenge to Intel Corp's chips. Apple Computer chairman John Sculley has predicted that in 1994, Apple will sell more than a million of a new generation of personal computers based on a chip
        NYT  -  314 words
    • FINANCE
      • SMALL CHANGE
        • 84 12 Reuter HONGKONG Malaysian equity funds authorised in Hongkong were the top performers in the year to April, according to the Hongkong Investment Funds Association. The association, which regularly surveys the performance of Hongkong-authorised unit trusts, said the Malaysian equity fund sector achieved a 47.65
          Reuter  -  84 words
        • 92 12 Bernama KUALA LUMPUR Bank Negara's gold and foreign exchange and other reserves, including special drawings rights rose to M 551,108.71 million (5532.070 million) as at Feb 27, 1993 from M 549.094.12 million a fortnight earlier. The central bank said in a statement here yesterday that its
          Bernama  -  92 words
        • 83 12 Reuter STOCKHOLM Loan losses incurred by Swedish commercial bank Svenska Handelsbanken fell 9 per cent to 1.82 billion kroners (***** million) in the first quarter of 1993, corresponding to 2.5 per cent of lending volume, the company announced. The loan loss figure and net operating profit
          Reuter  -  83 words
        • 72 12 UPI CAIRO Insurance companies in Egypt are currently studying the feasibilty of a new policy rider that would provide insurance against damages inflicted on facilities as a result of acts ot terrorism, riots and turbulences. The daily state-run Al Ahram newspaper on Monday reported
          UPI  -  72 words
        • 80 12 Bloomberg Business News TAIPEI Cathay Life Insurance Co, Taiwan's largest life insurer, yesterday declared a NTS 1.20 cash (7.4 Singapore cents) dividend for 1992, down from NTS 1.50 the previous year. Shareholders at an annual meeting yesterday also backed a 2.5-for-lO stock dividend, down from a
          Bloomberg Business News  -  80 words
        • 85 12 Reuter LONDON Royal Scottish Assurance pic, an 80 per centowned unit of the Royal Bank of Scotland, is maintaining strong growth and its profit contributuion to the Bank has virtually doubled in the first half of this year, the Bank said. It contributed £6.3 million (5515.6
          Reuter  -  85 words
      • 428 12  -  By Quak Hiang Whai SINGAPORE A Senate think tank in the Philippines has called for the liberalisation of the country's banking system to allow foreign banks to operate more freely, a Manilabased news daily reported last week. The Senate group said the entry of
        428 words
      • 275 12 Reuter HONGKONG Hongkong and Shanghai Banking Corp does not expect major losses after India linked it to the huge Bombay stock market scandal, but accepts criticism of shoddy book-keeping. Bank spokesman Bob Sherbin said yesterday that Hongkongßank had looked into its
        Reuter  -  275 words
      • 277 12 Reuter SYDNEY Kerry Packer's Consolidated Press Holdings has sold 140 million shares in Westpac Bank Corp to property and financial services group Lend Lease at A 53.50 per share for a total of AS49O million. the Australian Stock Exchange
        Reuter  -  277 words
      • 333 12 Bernama KUALA LUMPUR An Ar-ab-French banking group is keen to develop commercial relations and become a link between Malaysia and the Arab world. Union de Banques Arabes et Francaises. or ÜBAF. 40 per cent owned by Credit Lyonnais of France
        Bernama  -  333 words
      • 295 14 Rapid economic and financial growth seen behind surge Knight-Ridder ZURICH Claims by Bank for International Settlements reporting banks on China climbed by US$4.5 billion (557.2 billion) in the fourth quarter of 1992 to stand at U5542.7 billion at
        Knight-Ridder  -  295 words
      • 194 14 Knight-Rid-der ZURICH Heavy sovereign borrowing in Kurope led to a rebound in announcements and net new placements in the international bond market during the fourth quarter of 1992, according to the Bank for International Settlements. Total gross issues rose to a total US$B5.5 billion (*****.7
        Knight-Ridder  -  194 words
      • 216 14 Reuter COPENHAGEN Danish insurer Hafnia Holding A/S has filed for bankruptcy, marking an end to its ambitions to gobble up bigger Nordic rivals. Hafnia. in the process of winding up assets and operations after suspending payments last August, said on Monday that its court-appoint-ed
        Reuter  -  216 words
      • 47 14 Reuter KARACHI A Pakistani counts the dollars after withdrawal from his foreign currency account at a local bank in Karachi. Millions of dollars have been reported withdrawn after the dismissal of Prime Minister Nawaz Sharif's government by President Ghulam Ishaq Khan. Renter
        Reuter  -  47 words
      • 198 14 AFP LONDON The panel studying allegations of overspending at the European Bank of Reconstruction and Development (EBRD) has proposed a sweeping probe into the bank's spending policies, including "special flight arrangements", a press report said on Tuesday. The committee has recommended that four international
        AFP  -  198 words
      • 162 14 ANOTHER quiet day yesterday as the USS opened higher across the board and then proceeded to trade around opening levels for the rest of the day. The USS/SS opened at 1.6150/55, up from the 1.6115 close on Monday. Trading was quiet in a tight range
        162 words
      • 175 14 LONDON The dollar and the British pound recovered some of their poise during yesterday's trading but the twoweek gold rally began to run out of steam. The dollar held onto its overnight gains despite profit-taking but was not expcctcd to make much headway given nagging doubts over the strength
        175 words
      • 83 14 Reuter NEW YORK The dollar opened narrowly higher on the mark, but weaker on the yen in the US. With little market-moving news expected, dealers expected technical factors to dominate trade. Many saw the dollar testing 1.62 marks within the next day or two. The dollar opened at
        Reuter  -  83 words
      • Article, Illustration
        1469 14 JraJf-HtighirJ index lukukunt against S'porr tup 14 traJmf partners Base Ivor IMS US$/S$ forward rates Noon May 11 ss Bid Offer 1-month 1.6137 I.6IS2 2-month 1.6134 1.6154 3-month 1.6142 I.6IJ7 6-monih ***** 1.6170 Source: OCBC FOREIGN CURRENCY NOTE RATES As at IOmi yesttnUy: Singapore dollars to oat anit of foreiga
        1,469 words
    • COMMODITIES
    • COMMODITIES & FUTURES
      • 1424 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended little changed in quiet, range-bound trade as the absence of fresh incentives and the imminent release of significant US economic data this week kept dealers sidelined. September Eurodollars ended at 96.73 against 96.74 on the IMM 'previously and
        Reuter  -  1,424 words
      • 847 16 COMMODITIES REPORT Tin THE price of tin on the Kuala Lumpur Tin Market rose further by seven sen to close at M$ 14.25 per kg yesterday following firm buying support from European and local traders. Dealers said the KLTM took its
        847 words
    • 1675 16 Rubber MS Commodity Exchange (futi ■ros closing as at 1pm) RSS 1 Contract (S cents/kg) ("lose Volume Open Month High Low Sett (tonnes) Interest Jun 93 131 31 00 131.25 150 4.600 Jul 0 0.00 132.25 50 4.425 Aug 0 0.00 133.25 300 4.975 Sep 0 0.00 134.50
      1,675 words
    • REGIONAL STOCK MARKETS
      • 1054 17 15.4 The share market closed sharply higher yesterday, spurred on by heavy demand for Westpac. ANZ and strong gains by Brambles. Brokers said the positive trend was laid overnight when London and New York markets strengthened while local factors helped to underpin gains. "Some of the banks did very
        1,054 words
      • 617 17 -35.01 Share prices tumbled on a correction which the market had expected following a rally that lasted for nearly a week, brokers said. "The correction was very much expected because the market had to go back to price levels that are more reasonable," said Francis Bonoan of Sun Hung
        617 words
      • 266 17 +8.55 Shares rebounded from falls on Monday and through most of last week to close higher. Selling abated in the forestry stocks while Brierley remained well bid. brokers said. However, some brokers expressed disappointment at the weakness of the rebound. "I would have expected a bigger bounce." Doyle
        266 words
      • 462 17 -2.86 The stock market failed to wrench itself out of the doldrums as investors stayed out of the market with the index hanging slightly above the 700 level, brokers said. They said the index may fluctuate narrowly but was expected to continue plotting its downward path. "This consolidation period
        462 words
      • 602 17 -8.61 Share prices reversed early gains to end slightly lower on profittaking. brokers said. The Weighted Index, which rose 50 points in early trade, ended 8.61 points down at 4.678.51. Turnover fell to a moderate T539.08 billion trom Monday's T544.76 billion. Brokers said an expected interest rate cut as
        602 words
      • 68 17 +65.64 Indian stock prices rose on support from financial institutions, with analysts saying market sentiment has been improved by better-than-expected corporate results. The Bombay Stock Exchange Index rose by 65.64 points to 2292.56 and the National Index gained 23.74 points to 1040.09. Delhi was up 12.39 points at 492.93
        68 words
    • WORLD STOCK MARKETS
      • 740 17 Britannia Funds sterling Cash Bid < Din Mim < ap [VptMt W M *500 Mim Jene> (ilk 0IIW2 OI-MM Mim Mat Intume •O'MWO '1.0200 I S$ ash liKome Fund 101 WO 10 *•**> PS Re«r>e Fund 5 2100 Sterling Kquil> Fun) Performance 114W (I W W Fat Fm Fund -27MQ
        740 words
      • 605 17 +6.3 Shares ended mixed to firmer yesterday, fighting off bouts of profit-taking after Monday's 36-point FTSE rise, but lacking the momentum to push much higher. After trading about six points each side of Monday's closing level, the FTSE 100 index finished 6.3 points up at 2,836.1. "The market has
        605 words
      • 94 17 -22.69 Shares extended their losses during the session yesterday, with traders depressed by the economic outlook for 1993 and predicting further falls. The CAC-40 shed 22.69 points to close at 1.854.52. Paris Mai II Ir Air-'niuide 716 00 -#00 Alcatcl *0 OU *00 Ell Yquil iKOMJ 1*0 (,jk- Dc
        94 words
      • 99 17 -5.59 Shares ended lower after rapid selling of Ericsson shares at the close on the company's first quarter earnings, which were below market expectations. The decline in Ericsson, by 9 kronor to 291 for the B share on Tuesday, accounted for much of the 0.67 per cent fall in
        99 words
      • 195 17 +7.12 Share prices recovered towards the close yesterday, following the DAX future higher. Players were also encouraged that technical support in the cash market proved strong. The firmer dollar and stable bond market further helped sentiment. But the brief recovery is no sign of a major change of mood,
        195 words
      • 162 17 +3.22 Shares closed higher as Monday's mildly positive undertone remained and the market slightly extended its technical recovery in slow range trading. But traders said they remained cautious, because the underlying support remained weak. "If support doesn't increase in the short-term, this technical recovery might be shortlived." one trader
        162 words
      • 219 17 +0.03 Shares closed almost unchanged as investors start to worry about first quarter company results due for publication, traders said. The EOE Index of the leading 24 Dutch shares closed up 0.03 points at 316.47. Decliners outpaced advancers II to 10. with three stocks closing unchanged. The more broadlybased
        219 words
      • 256 17 +7.7 Shares ended at a new record high yesterday, with the broad SPI index up 7.7 points at a Final 1.364.4. Dealers said the firmer dollar and a stronger mark gave stocks support, but declines on other European bourses and a mixed opening on Wall Street kept sentiment subdued.
        256 words
      • 294 17 14 Gold shares ended around their lows for the day as they drifted against the background of an uninspiring gold price, dealers said. The reaction to Gencor's announced unbundling of its non-mining interests was initially muted, but it had made steady gains earlier in the day. The Overall Index
        294 words
      • 718 17 +6.09 Wall Street share prices edged up yesterday but gains were reined in by a slight increase in long-term interest rates. At 1 lam. the Dow Jones index of leading industrial stocks was up 3.56 points from Monday's close at 3.446.84 in quiet trading with some 69 million
        718 words
      • 319 17 •0.53 Stocks opened softer yesterday. pressured by losses in Canada's bond market and weakness on Wall Street, dealers said. Many players said the Toronto market was due for a retracement after recent gains. Twelve of the TSE's 14 indices were weaker. The TSE-300 Index fell 13.63 points or 0.36
        319 words
      • 157 17 -0.25 pc Shares slipped in thin, volatile trading dominated by technical factors but the bourse was not expected to extend losses much in the next few days. "Even small orders have been enough to move prices about one per cent in either direction. Profit-taking is also not surprising given
        157 words
    • Article, Illustration
      3037 18 AFP STOCKS soared yesterday after Britain and China came to a belated agreement on this year's land-sale program for the British colony. The blue-chip Hang Seng Index rose 102.74 points, or 1.5 per cent, to finish at 6,841.97 its biggest one-day jump since April 21, the eve of Sino-British
      AFP; Source: Bridge Info  -  3,037 words
    • Article, Illustration
      416 18 THE Shenzhen A market dropped again yesterday. The CLSA Shenzhen A Index was down 2.41 per cent to close at 2,695.24. The B market appears to be holding steady. However, turnover has remained sluggish. The CLSA Shenzhen B Index managed a very slight gain of 0.06 per cent to
      416 words
    • Article, Illustration
      2545 18 Reuter STOCKS ended mixed after profit-taking and arbitrage unwinding wiped out early morning gains spurred by the yen's overnight fall. But while the key average closed lower, smaller stocks attracted broad buying and underpinned the market, brokers said. "The market is still bullish but is in the process of
      Reuter; Source: Bridge Info  -  2,545 words
    • Article, Illustration
      1791 18 Bloomberg Business News THE Thai stock market gained one per cent on a strong earnings report from Siam Commercial Bank and the government's plans for increased spending on infrastructure projects, traders and analysts said. However, a sustained rally is unlikely as political tension continues to dampen investor sentiment. Analysts
      Bloomberg Business News; Source: Bridge Info  -  1,791 words
    • Article, Illustration
      1052 18 Reuter STOCK prices ended mixed in active trade, driven by the newly-listed PT Fast Food Indonesia, brokers said. "Active (trade) in Fast Food shares helps invigorate trading in other firms. However, most prices were barely changed," a broker with a foreign securities house said. "Banking was generally less active
      Reuter; Source: Bridge Info  -  1,052 words
    • 1899 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume KiBtorpnMK I3.6I.VOOO Tmma io.4i6.ooo \*a Pac Ld SQE U«M FATBSQc K.H25.000 Pcgi Msia 7.612.000 Bedford MV 6 855.000 MBf Hldgs MV 5.260.000 Kerning Bhd 50c 5.23) 000 kamuniing 50c 3.463.000 Ntulpha Intl 50c 3.185.000 Idns H\d MX 3.117 000
      Source: Bridge Info  -  1,899 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 4886 19 Bernama SHARE to easier as profit-taking on a nandful of index-linked stocks outweighed buying interest on situational counters yesterday. At the close, the KLSE Composite Index slipped 5.55 points to 710.99 from Monday's close despite opening strongly at 716.92. The all-share main board Emas Index
        Bernama; Source: Bridge Info  -  4,886 words
    • STOCK EXCHANGE OF SINGAPORE
      • 6917 20  -  By Paul Leo SINGAPORE The stock market surprised many analysts when the benchmark Straits Times Industrials Index surged 22.02 points to end at 1,794.04 yesterday, just 3.22 points short of its record close of 1,797.26 on April 26. When the STII rose
        Source: Bridge Info  -  6,917 words
      • 71 20  -  Quak Hiang Whai ELTECH Electronics has almost doubled in value since the beginning of this year but a correction looks unlikely. Good support is expected at around 80 cents which is marked by the previous congested area at around this level. Though the daily and weekly RSls
        SOURCE: BRIDGE INFO  -  71 words
  • Page 9 Advertisements
    • 97 9 "So 'European, you're almost there." EUROKAN AIPAHAOUB Asparagus are Asparagus are Asparagus. Are green. Not really. Compass Rose presents white Asparagus, freshly flown In from Europel Sauteed Scallops ana King Prawns with Fresh Asparagus on a Bell Pepper Sauce. Veal Medallion with Fresh Asparagus and Sauce Maltalse. Steamed Seabass with
      97 words

  • Page 10 Advertisements
    • 26 10 Trust Hung Kang to serve up gSSBig Sharksfin in six different varieties. HUNG KANG RESTAURANT V 38, North Canal Road, Singapore 0105 Tel: 533-5300 (3 lines)
      26 words
    • 234 10 With übiquitous s*jl N leaders will foster change and generate value through the efficient integration of innovation, strategy and information technology. If you have the drive and vision to rethink the modern corporation, join the new generation of vj St'.-, managers who chose the THESEUS MBA for their ,1s -y
      234 words

  • Page 11 Advertisements
    • 143 11 Customerize SM Nobody can accurately predict information strategy that extends achieve major gains within your own tomorrow's business climate. But your full capabilities all the way to organization in productivity and conthere is one thing we all know: for any the points of customer contact trol. All of which facilitates
      143 words

  • Page 12 Advertisements
    • 192 12 NICE CHAMPAGNE, ISN'T IT? It's a bottle of 1985 Dom Perignon, actually. stock by barcodes. Rather than by more conventional, From a bonded and non-bonded warehousing I Carefully stored in the dark at exactly the right and dare we say it, less efficient methods. facility specifically designed to look after
      192 words

  • Page 13 Advertisements
    • 586 13 I DOMFffID Are you sure you re getting a good return on your money? Take in a PruLink Capital Account and the policyholder is not required VALUE OF $1,000 INVESTED SINCE 1974 $4500 bank interest rates for example. Currently a savings account will pay to pay tax on the proceeds,
      586 words

  • Page 14 Advertisements
    • 696 14 n> i I I OVERSEA-CHINESE BANKING CORPORATION LIMITED I (Incorporated in the Republic of Singapore) I NOTICE OF MEETING I Notice is hereby given that the Fifty-Sixth Annual General Meeting of the stockholders I of the Company will be held at 65 Chulia Street #19-00, OCBC Centre, Singapore 0104, I
      696 words

  • Page 15 Advertisements
    • 727 15 THE TRANE g~ APPROACH TO Pf}|* ENERGY Wsf' CONSERVATION: Mr See Wrog Whye. Chief Engineer The XVISOO Variable Speed Air Conditioner Saves up to 40% on your xvisooconditioner existing air-conditioning electricity consumption Constantly and automatically adjusts to temperature I changes, saving energy when 5 5 necessary gMMaH Air Cleaner outdoor
      727 words

  • Page 16 Advertisements
    • 260 16 H I'l'lMl ll'hi IIH FREE ADVICE ■ItTTTrtVnVTfnH PHONE STUART SOO M\)llMf J i>l V'H'lllfl (64-9)*****80 H*l FAX* (64-9) *****38 RANDS ROBINSON REALTY LTD MREINZ BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 PARKWAY HOLDINGS LTD U5550,000,000 Floating Rate Notes Due 19% with Warrants to Subscribe for New Shares of
      260 words
    • 35 16 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Make new^business contacts through classification 203 in The if Straits. .-2® Times Classified, cjlts. 1717-I»**
      35 words


  • Page 18 Advertisements
    • 42 18 RAdd Sparkle Portfolio... Mondial. The source for the acquisition of internationally certified G.1.A., H.R.D. diamonds, emeralds g and other gemstones. i j jiff janr Main Showroom: Mondial Promenade 300 Orchard Road #01-06 The Promenade Singapore 0923 Tel: 734 2033/4 Fax: 737 5138
      42 words

  • Page 19 Advertisements
    • 66 19 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank you can prosper through a wide range of investments. Local and Asian Dollar Time Deposits. Unfixed Time Deposits. Foreign Currencies. Unit Trusts. Margin Trading Accounts and more. Just call our 24-Hour CitiPhone Banking toll-free on (1800) 225-5225 lor
      66 words

  • Page 20 Advertisements
    • 45 20 Add Sparkle to Your Portfolio... Mondial. The source for the acquisition of internationally certified G.1.A., H.R.D. 1 I and 1.G.1, diamonds, emeralds f and other gemstones. v Main Showroom: Mondial Promenade 300 Orchard Road 001-06 The Promenade Singapore 0923 TeL 734 2033/4 Fax: 737 5138
      45 words

  • SPORTS
    • 354 21 Golf Reuter ST MELLION. England European hopes of regaining the Ryder Cup from the Americans in September got a shot in the arm at the Benson and Hedges International Open. Englishman Paul Broadhurst's one-stroke win on Sunday was one of several fine performances
      Reuter  -  354 words
    • 370 21 NBA playoffs AP CHICAGO Coming off a tough five-game series that ended with a 99-89 victory over the New Jersey Nets on Sunday, the Cleveland Cavaliers are primed to make another run at the two-time champion Chicago Bulls. The Cavaliers have not had much success
      AP  -  370 words
    • 43 21 Reuter SHANGHAI China's Li Xiao-shuang diving onto the vault horse during the men's gymnastics team competition at the First East Asian Games on Monday. Li was heavily penalised by judges and seored only 4.00 on this jump. Reuter
      Reuter  -  43 words
    • SCORE CARD
      • Article, Illustration
        62 21 Reuter NtW YORK Major league results Monday National: Cincinnati 6 San Diego 5; Philadelphia 5 Pittsburgh I; New York I Florida 0; Chicago 6 Los Angeles 2; Houston 5 Atlanta 2: Colorado 7 San Francisco 4. American: Detroit 2 New York 1 (in 10); Baltimore 2 Boston 1; Chicago
        Reuter  -  62 words
      • Article, Illustration
        159 21 Reuter AP BOSTON Boston Celtics star guard Reggie Lewis has been given the go-ahead to resume his basketball career as doctors dismissed fears that he was suffering from a heart disorder. Dr Gilbert Mudd. the director of cardiology at Bngham and Women's Hospital, told the news conference that Lewis
        Reuter; AP  -  159 words
      • Article, Illustration
        103 21 Reuter ATLANTA Former world heavyweight boxing ehampion Evander Holyfield said on Monday that he plans to reclaim the title he lost last year to Riddick Bovse and reign at least until after the 19% Olympics in his home town of Atlanta. Holyfield. who will fight British-born Alex Stewart on
        Reuter  -  103 words
      • Article, Illustration
        105 21 Reuter PON I E VEDRA. Florida Leading 1993 LS PGA lour money winners list issued Monday (LS unless noted): 1. Bernhard Langer (Ger) U*****.938 (551.0tW.370) 2. Nick Price (Zim) 589.652 3. Tom Kite 518.564 4. Greg Norman (Aus) 497.587 5. Paul Azinger 495.413 6. Pavne Stewart 495.358 7. Rocco
        Reuter  -  105 words
      • Article, Illustration
        23 21 Reuter PITTSBURGH Second-round NHL Stanley Cup playoffs Monday Patrick Division finals: Pittsburgh 6 NY Islanders 3 (Pittsburgh leads best-of-seven scries 3-2).
        Reuter  -  23 words
      • Article, Illustration
        260 21 AFP Reuter ROME Italian Open first round Monday: Arnaud Boetsch (Fra) b Patrik Kuhnen (Ger) 7-6 (7-3). 6-3: Goran Ivanisevic (Cro) b Jaime Oncins (Bra) 6-3. 6-7 (5/7), 6-3; Thomas Muster (Austria) b Jakob Hlasek (Swi) 6-3. 3-6. 7-5: Luiz Mattar (Bra) b Amos Mansdorf (Isr) 7-6 (7-5). 7-6
        AFP; Reuter  -  260 words
  • Page 21 Advertisements
    • 545 21 TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I.GweeSeng Thiam of Blk 772 #06-221 Yishun Ave 3, Singapore 2776, have applied for a Beer House, 2nd Class Licence in respect of premises at M/s Leng Chuan CofTee Shop at Blk 39 #01-64 Kim
      545 words
    • 185 21 BUYS! Now, you can find drivers, woods, irons, equipment and our knowledgeable peoputters, bags, balls, clothing, accesso- pie who can advise and give you a tip or ries and a whole lot more at Pan-West, L~ two. Comedown to Pan-West at Hitachi Hitachi Towers. We aim to serve you Towers
      185 words

  • Page 22 Advertisements
    • 698 22 lq Nothing Beats ABucL QHBHS 1 < ■MIMiM j ■*wp Holidays on the house at the 'new' Orchard Hotel. An endurance record, perhaps? The Taiwan Porridge Buffet which tops them all is still served at the 24-hour Ficus Cafe for lunch, dinner and supper till 4 am. A tasty steal
      698 words
    • 238 22 WHERE TO WINE, DINE AND ENTERTAIN V 7C ome on down to Subway and check these out Happy Hours whole night 4pm lam No cover charge $J** all standard drinks and beer Mon Thurs Extended Happy Hours 6pm 9pm Friday. Saturday A E*e of Public Hobdays LIVfWIRE the hottest band
      238 words
    • 317 22 A THE NEPTUNE. i&WE/jYTC T-HIEX£I7ZWNT.^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm to 10.00pm Mi B 7di flour Ornea» L>moci House Cottyer Qua* Singapore
      317 words

  • LIFESTYLE
    • 630 23 In his new play. Tom Stoppard throws down his most difficult challenge yet, celebrating scientific ideas in a way which is probably unique in British theatre, says Jill Serjeant Reuter British playwright Tom Stoppard's first stage play for five years is doing for science
      Reuter  -  630 words
    • 667 23  -  Arthur Spiegelman reports on the nominations for the Tony Awards Arthur Spiegelman A MUSICAL, Kiss of the Spider ll oman. that almost died at birth, and The Who's Tommy, a rock extravaganza that took 23 years to reach Broadway, received 11 nominations each
      667 words
    • 232 23 CHATTERBOX AP AP AP PRINCESS DIANA'S stepmother Raine Spencer, widowed a year ago, has announced that she will marry a French businessman. "It was love at first sight.' the 63-year-old Dowager Countess Spencer said as she and her fiance Count JeanFrancois de Chambrun posed
      AP  -  232 words
  • Page 23 Advertisements
    • 217 23 BUSINESS T I M E__S__ TOLL-FREF. TEL. No. 1-800-737 0043 I-AX:734 3698 Jtlllu ANA HOTELS L SINGAPORE LTD. (Incorporated in the Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBYGlVENthattheFifteenth Annual General Meeting of ANA Hotels Singapore Limited will be held in the Connaught Room, ANA Hotel Singapore, 16 Nassim
      217 words
  • Page 23 Miscellaneous
    • 1249 23 TV RADIO Amazing Grace 10.30pm. SBC 5 v A 12-year-old Little League "iSMgSsL. pitcher takes on nuclear arma- ment when he drops out of his fteam in protest. He is joined j by a basketball ace. Amazing I Grace, and other sports stars. J V |S®T* ..iill* Thanks to them.
      1,249 words

  • REGIONAL ANALYSIS
    • 1546 24  -  Coping with reforms in China YONG POWANG YONG POWANG The writer is a BT Correspondent specialising in Chinese affairs IS THE Chinese economy overheated? At 12.8 per cent last year and 14.1 per cent in the first quarter this year, the economy
      1,546 words
    • 1392 24  -  ZANG XIAOWEI ZANG XIAOWEI The writer is a research fellow at the Institute of East Asian Political Economy (lEAPE). Singapore INTELLECTUALS in China, once distrusted and persecuted by Mao, are recovering their social standing in the Deng era. Defined as those with university degrees or some
      1,392 words
    • REGIONAL WHISPERS
      • 120 24 NEWLY installed Asean leaders traditionally visit the region's capitals in the spirit of neighbourliness. Philippine President Fidel Ramos has already toured the region, except surprisingly Indonesia. Just back from China, Mr Ramos is raring again to fly to South Korea later this month and the US in
        120 words
      • 91 24 CALTEX OIL (Laos), a subsidiary of International Caltex Oil headquartered in Texas, contractually committed itself to spending millions of dollars in Laos only to have its brand new licence put on hold several days afterwards by one of the Laotian ministries. People in the know claim
        91 words
      • 110 24 COME June, the Securities and Exchange Commission of Thailand will operate from new premises, just a stone's throw from its charge, the stock exchange to better oversee it, say the stockbroking fraternity, tongue-in-cheek. Since the watchdog commission came into being a year ago. it has tried
        110 words
    • 1450 25  -  Reform and reunification in Taiwan Special to BT ZHAO QUANSHENG ZHAO QUANSHENG The writer is director of the Institute of Asian Studies. Old Dominion University. Virginia. US IT WAS HAILED as "the first formal meeting" since the end of the Chinese civil war in 1949
      1,450 words
    • 1270 25  -  LIM SOON NEO LIM SOON NEO The writer is a BT correspondent covering Taiwan affairs THE post-mortem carried out by the Taiwanese after the historic "Wang-Koo" talks shows that they have to get their act together first before approaching the negotiating table
      1,270 words


  • 559 26 EDITORIAL IN TWO weeks' time, 4.76 million Cambodians are likely to brave bullets and mortars and cast their votes. The United Nations Transitional Authority in Cambodia (Untac) hopes that a new government will be formed early next month. But to the horror of suffering Cambodians, they
    559 words
  • WHAT THE OTHERS SAY
    • 246 26 LAST MONTH, the Monetary Authority of Singapore intervened in the new issues market with a public statement on why the runaway response accorded to initial public offerings (IPOs) should not be regarded positively. It pointed out that massive oversubscription simply meant massive under-pricing and the success
      246 words
    • 178 26 KUDOS to the Singapore Islamic Religious Council (Muis) for taking the initiative on two issues. One is the halal meat supply, resolved by launching discussions with suppliers and sellers, and through checks at various outlets. And secondly, pushing for the first ever tender system for sacrificial
      178 words
    • 141 26 THERE IS NO DOUBT that investments in China have now become the hottest topic in town. Nevertheless, Prime Minister Goh, in his Tokyo speech, advised Singaporeans to explore other potential areas of investment in the region and not to focus solely on China. Indeed, whether it is
      141 words
    • 159 26 THE LESSON learned from the Cambodian case is the simple truth; that without true intentions for reconciliation among concerned parties, no one else can resolve disputes on their behalf. In March, the SNC chairman. Prince Norodom Sihanouk, trying to maintain some distance from Untac, introduced
      159 words
    • 144 26 LAST YEAR, UN Secretary-General Boutros BoutrosGhali unveiled a proposal to create so-called "peaceenforcement units," in which troops are permitted to use force to maintain the peace. TTiis vision is already materialising in Somalia. Does this mean that if rival groups arc fighting for power within
      144 words
    • 133 26 FOR MANY PEOPLE, teaching is a moral calling with the sort of intangible compensation bestowed on those who give unselfishly to the community. The vocation attracts those who are least motivated by pecuniary gain, and who are thus increasingly harder to come by in a society
      133 words
  • 973 26  -  Barry Riley dips into a two-volume history which explains why two epitomes of capitalism in the City the LSE and Lloyd's are in deep trouble Barry Riley FT AN IRA bomb may have blown out the windows, but it is a combination of
    FT  -  973 words
  • Page 26 Advertisements
    • 70 26 ii■m| m w m w We have assisted many AIIIIII I I J I I companies in putting I UI U II U together special features ■II I I I to highlight their J JJ achievements. And this experience can be put to good use From the partners. And your
      70 words
  • Page 26 Miscellaneous
    • 51 26 (difficult id i n ij4 TM& OF r*j°oo\ »m VnooP TOPKV \npj*»ti J mOQD c A saociATtoHcwy*pißBtTo.nMmi as.fac DOONESBURY GARRY TRUDEAU MBit HOT HflPPt HKTH HOU) I f~B r l PI W fTCHANGet? W 7T€WACOKALPIMB?CUT. I j j W JAHUTI I 03* SV&YTHNG,J€Y. I mfK&PtxreKUVHAVB 111 Q A m v~JJ
      51 words

  • ANALYSIS
    • 751 27  - Watch out, South-east Asia Subic Bay is stirring The Americans left it a naval base last August. With Taiwanese support, the Filipinos are now turning it into a regional tourism, manufacturing and freight hub. Kevin Murphy reports. Kevin Murphy IHT NEARLY as many people waited in Mayor Richard Gordon's outer
      IHT  -  751 words
    • 1488 27  -  For the ADB to change from a Pacific club and*service more of Asia, it requires a substantial capital increase which its members cannot agree on. Philip Bo wring examines the bank's dilemma. Philip Bowring Ihe writer, a former editor of bar Eastern
      1,488 words
    • 1166 27  -  Jason DeParle meets two of the pioneer Filipino farm workers in California who started the historic 1965 grape strike Jason DeParle NYT ON THE edge of the dusty grape field in Delano. Cali- I fomia. where Cesar Chavez led the farm worker movement
      NYT  -  1,166 words

  • 484 28 Panel hits out at Washington's results-oriented policy Reuter TOKYO Japan, under heavy fire from abroad for its alleged barriers to trade, struck back yesterday with a report citing the US, the European Community and South Korea for unfair trade practices
    Reuter  -  484 words
  • 252 28 Reuter AFP BRUSSELS The European Commission yesterday warned it could retaliate if the tax status of subsidiaries of foreign companies in the US was changed to include the earnings of their parent companies. The threat of a tax war, made
    Reuter; AFP  -  252 words
  • 283 28 AFP. Reuter BRUSSELS Unveiling a new stance in Gatt world trade talks, France has announced it may back an EC-US pact on oilseeds trade but vowed to spark a major row rather than accept the rest of a key deal struck
    AFP.; Reuter  -  283 words
  • 285 28 South China Morning Post HONGKONG US Assistant Secretary of State Winston Lord pressed the Chinese for concessions in human rights, trade and arms proliferation in seven hours of secret talks in Beijing yesterday. The outcome of the discussion with Chinese Vice-Foreign Minister
    South China Morning Post  -  285 words
  • 234 28 UPI NEW YORK The US first quarter gross domestic product and recent weakness in the leading economic indicators confirm the US economic slowdown will continue, the Conference Board said on Monday. But, the private business research organisation said a cred-it-led economic expansion appeared
    UPI  -  234 words
  • 102 28 Rcutcr TOKYO Japan has approved new textbooks featuring the existence of women forced to work as prostitutes for the Imperial Army during World War 11. Kyodo news agency said all nine kinds of high school textbooks to be used from April 1994
    Rcutcr  -  102 words
  • 939 28  -  The Bottom Line ROSS O'BRIAN ROSS O'BRIAN The writer is an associate with the Singapore representative office of Pyramid Research, Inc. a US-based telecommunications consultancy. He contributed this commentary to BT f RIVATISATION of telecommuni- H cations services has for several years been touted as
    939 words
  • 351 28 Reuter MOSCOW Russian President Boris Yeltsin fired his shadowy security chief yesterday in the first sign of a promised drive to purge opponents of reform. Yuri Skokov. until recently seen as Mr Yeltsin's most influential behind-the-scenes adviser, was sacked after taking conservatives'
    Reuter  -  351 words
  • Page 28 Advertisements
    • 80 28 Tomorrow in Business Times This announcement appears as a matter of record only. May 1993 PT Kalbe Farma (incorporated with limited liability in the Republic of Indonesia) Global Offering 5,533,520 Common Shares (Rp. ,000 par value) I and the obligation to purchase up to an additional 2,466,480 Common Shares Price:
      80 words
    • 29 28 Tomorrow in Business Times Ngee Ann City The Ultimate Business Address Furnished Office Rooms Complete With Facilities Ideal For 1 or 2-Man Company. CALL: *****2 1 MKCLINTKL PTE LTD
      29 words

  • Shipping Times
    • 423 29  -  By Juliette Walker SINGAPORE The Port of Singapore Authority (PSA) yesterday signed two contracts worth a total of $74 million to buy 42 rubbertyred gantry cranes, in its ongoing bid to raise the port's container handling capacity. Korean Heavy Industries Construction
      423 words
    • 222 29 Bloomberg Business News HONGKONG Winton Holdings (Bermuda) Ltd, a Hongkong-listed trading company, has signed a 30-year joint venture deal with Jiangsu Province to handle cargo, the company said yesterday. The 50-50 joint venture will be between Winton and the Zhangjiagang municipal government. Zhangjiagang
      Bloomberg Business News  -  222 words
    • 1130 29 Page Col ABC Containerlinc 12 1 Accord Group 8 1-3 Africa Container 15 3 Ahrenkiel Liner 16 4 Alpha Feeders 6 1 ANL 3 1/2 APL 5 3-5 Arabian Express 15 3 ASCL 5 5 Asian Breakbulk 16 3 ASXCLShpg 15 2 Avant
      1,130 words
    • 485 29 Seatrade Week NEW YORK The market for the handy-size bulk carrier is experiencing a boom which is taking rates to new highs which have even leapfrogged Panamax and Capesize rates. Over USS 17,000 (5527.370) a day was paid last week to modem,
      Seatrade Week  -  485 words
    • 393 29  -  By Ramesh Divyanathan SINGAPORE London marine underwriters have recovered slightly after a bad patch in the past few years, but the situation is still far from plain sailing. Salvage Association chairman Bryan Roddick told guests at a workshop on marine insurance last week that
      393 words
    • SHIPS IN PORT
      • 494 30 Vessel Voi No Berth Vnval Oep*ti»« Vessel Voy Wo Berth Vfhfil Deperhte iurane Port Hoegh Dene 0317 TO7 alongside 12 05/0500 ITf 4A 17/8 alongside 1205/1100 Isatela 19/93 P04 ata a J2 atonrside 12 05/2300 Kota Mutiaia MUT07W P02 alongside 16 05/2300 ArttBtoer 01/93 17 alongade 1205/1500
        494 words
      • 1365 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING Of EXPORT FCL CONTAINERS AND La CARGO Record Bookini/Baiance Rstts Ship Voy No Etb/Btr Period From To From Ace Concofd 32W 14/0100 1 11/1500 11/1659 11/1900 Conto,d 2 11/1700 12/0659 12/0900 3 12/0700 12/1159 12/1400 4 12/1200 12/1*59 12/1700
        1,365 words
    • 11298 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGENO PN: ship calls at Penang after
      11,298 words
    • 1054 45 DESPITE good chartering demand all round, the Baltic Freight Index was unchanged on May 10 at 1.571 after 18 consecutive daily rises since early April, dry cargo brokers noted. The freight market is still on a surge, having reached 17 month highs last week, but some rates are
      1,054 words
    • 275 45 COURSES Title: Marine Legislation, Administrative Procedures Practices (SDF case-by-case basis) Duration: May 12 June 2 (4 evenings) Organiser: Singapore National Shipping Association Tel: For further details and application forms contact SNSA at tel: 278-3464 or fax: 274-5079 Title: International Freight Forwarding I (SDF 70%) Duration: May 13 July
      275 words
    • 883 46 Canada has introduced a bill and appointed a panel to look into ways to prevent and minimise the dangers of oil spills Fairplay WHEREAS the US has strutted into the arena of modern pollution regulation with its draconian Oil Pollution Act, Canada treads carefully
      Fairplay  -  883 words
    • AIR AND LAND TRANSPORT NEWS
      • 448 48 Reuter WASHINGTON The Clinton administration, flexing its trade muscle in the aviation arena, threatened on Monday to retaliate against Qantas Airways if Australia restricts service by US carrier Northwest Airlines. The Transportation Department said it would cut back Qantas' nonstop flights to the United States
        Reuter  -  448 words
      • 503 48 USs4b worth of auto parts purchased in fiscal 1992 AP Reuter DETROIT Toyota Motor Corp, trying to quiet critics who claim it sees America merely as a sales outlet for Japanese products, said on Monday it purchased U554.43 billion (557.2 billion) in American-made auto
        AP; Reuter  -  503 words
      • 408 48 Bloomberg Business News WASHINGTON McDonnell Douglas Corp's contract to sell Kuwait 40 F/A-18 fighter jets could expand by 50 per cent, a company spokesman told Bloomberg Business News. "There has been some interest by the Kuwaitis in expanding the purchase by
        Bloomberg Business News  -  408 words
      • 434 48 NYT WASHINGTON The Clinton administration has decided to invite air traffic controllers dismissed in their 1981 strike to reapply for their former jobs, administration and congressional officials said on Monday. The controllers, barred from re-employment by President Ronald Reagan, would
        NYT  -  434 words
      • 212 48 Bloomberg Business News LONDON British Airways pic (BA) was raised to a "buy" from a "sell" by analyst Alasdair Stewart at CarT Kitcat Aitken, a research document said on Monday. The move comes after Richard Branson's Virgin Atlantic airline said it filed suit
        Bloomberg Business News  -  212 words
      • LOG BOOK
        • 76 48 Reuter JAKARTA Indonesian state prosecutors demanded four years' imprisonment for two pirates who attacked foreign ships in the Malacca Strait, the newspaper Kompas reported yesterday. Prosecutor Aman Lumbangaol demanded that the court send Mat Ketam and Dugat to jail for four years for
          Reuter  -  76 words
        • 62 48 Reuter BEIJING China's civil aviation authorities plan to phase out smoking on international flights, starting with a ban applied to Hongkong routes effective from July 1, the Workers' Daily said yesterday. Beginning next January, smoking will be forbidden on international flights lasting over six hours,
          Reuter  -  62 words
        • 45 48 Reuter NORFOLK, Virginia Senate Armed Services Committee chairman Senator Sam Munn on Monday toured several ships and submarines to see first-hand what working conditions are like aboard the vessels as part of their hearings on gays in the military.
          Reuter  -  45 words
        • 65 48 AFP TAIPEI Taiwan's flag carrier, China Airlines (CAL), is expected to resume flights between Taipei and Osaka in 1994 afler two decades of suspension, press reports here said on Monday. CAL applied to the Japanese authorities for permission to resume the service once construction of
          AFP  -  65 words
      • 181 48 Bloomberg Business News PITTSBURGH A strike by 260 workers at PPG Industries Inc's automotive replacement windshield plant near Pittsburgh entered its third day on Monday, as the company braced for strikes at other plants that could disrupt production. PPG, a Pittsburgh-based manufacturer of glass,
        Bloomberg Business News  -  181 words
      • 1314 48 cni nm no nn* no Htm PtoM GA893 1335 SQ227 2230 hmmam RJ183 2335 Amsterdam KL831 0935 SQ324 2230 SQ323 1725 KL832 2310 AiKfclaMl NZ21 1820 NZ22 1935 SQ228 2025 Bahrein GF149 0650 B Sari Bagawan BW21 1105 SQ182 0915 SQ181 1410 B1422 1205 B1429 2030
        1,314 words
  • Page 29 Advertisements
    • 27 29 TfyouwanTiM yesterday, r J Fly it with i#— j—sufl us today,-A. a I MartwASM ,f y GRIFFIN KINETIC *****331 Canada takes steps against oil spills, Page 18
      27 words
    • 33 29 US threatens retaliation against Qantas, Back Page Lines and services represented by Members of the Registry ot Accredited Shipping Agents, Singapore \sZmorJj National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      33 words
    • 156 29 CARGO-PAK v Ensure optimum protection for your J corgo« during transport at low cosh. FUJI TRADING (SINGAPORE) PTI ITD psj TtU *****55 HUb 2650*43 HOW FAST IS THE SIX? LET US DRAW YOU A MAR LONG BEACH KAOHSIUNG SINGAPORE HONG KONG LONG BEACH Our new Sea-Land Express puts the Pacific
      156 words

  • Page 30 Advertisements
    • 428 30 OTSKUNE AGENCES (S) PTE. LTD. I 1 W imyp Tel: 226-3363 J. LJJNJL F 226-1972/3 I -mm-l Tl»: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. NO: HSM7Boooon i < Lw, Eg T s n* ci ACX U.Y 368 **10.05 **12.05 11.05 14.05 1105 20.05 25.05 25.05 26.05 27.05 ACX LOTUS g
      428 words
    • 1000 30 m mm ft— SfTIl —1 I Mill _S «T«ffl| MUfOWM PtCAtUt U m» u\ 44 36 36 Ti U it 66 WUW» TWESTII Ml/4191 17/5 31/4 44 I 7/4 M 10/4 11/4 12/4 13/47/4 10/* SfSSL?Sm» 1 m £"4 i" i't 1 1 1!" 1 l"! I" lit aL_ SaJjTiuifil™
      1,000 words

  • Page 31 Advertisements
    • 2135 31 ipping Times, Wednesday May u i»ao OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES ptTAUNG 03-^777^..*****42 TF1' 3 *****64 FAX- *****09 PINANG TEL *****4 FAX 626.31 CFS TEL *****6 DOCUMENTATION TEL. *****64 FAX. *****09 IPOH TFI 54P703/4 FAX *****6 Jv E tfL 2 *****1\ P GUDANG TEL *****2/3 FAX *****4 (OPNS)
      2,135 words
    • 689 31 ■QBBsnaa E EACBEN SERVICE WILL AS OF THIS WEEK BE OPERATED BY AND IN THE NAME OF MAERSK. THE SERVICE WILL CONTINUE MAINTAINING THE SAME CALLING PORTS/ROTATION AND WE WILL OFFER THE SAME CLOSINGS AND SAME TRANSIT TIMES AS BEFORE. WITH THIS ADDITION, MAERSK IS NOW ABLE TO OFFER FOUR
      689 words

  • Page 32 Advertisements
    • 1559 32 AQABA R DAM/I [1 ALSO ACCEPTING FROM I VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H BURG A'WERP HAVRE WEST MALAYSIA I KASUGA 1 26/118 13/5 I' 6 30/5 Port Kelang. Penang I LEVERKUSEN EXPRESS 12/318 15/S 24/5 30/5 2/6 5/6 7/6 9/6 Pasir Gudang I FRANKFURT EXPRESS 67/119
      1,559 words
    • 612 32 FCL Breakbulk Service to: I AFGHANISTAN M&M Afghanistan Ltd., I Sole Foreign Forwarder in Kabul for all services P C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea a Vietnam a Mongolia t Hungary CSFR Poland ocT^Trans AGENCIES (FAR EAST) LTD L NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel
      612 words
    • 1396 32 PggQßftWffl mxmwt REGULAR INDEPENDENT FULL CONTAINER SERVICE VBL/VOY BIN ALG BCL* VAL* LHA HAM BRE# ROT ANT# FEL NORASIA SUN 9317-3 12/05 01/06 02/06 03/06 04/06 06/06 07/06 08/06 09/06 10/06 NORASIA PEARL 9318-3 20/05 11/06 12/06 13/06 14/06 16/06 15/06 17/06 18/06 19/06 ARABIAN SEA 319* 25/05 15/06 16/06
      1,396 words

  • Page 33 Advertisements
    • 2037 33 STRAITS SHIPPING PTE LTD 10 Hoc Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE jgtgEp (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAHS STRAITS PRDC Vl* Muara. lib 12-13 May 14 May 15 May FCL, LCL CONTAINER ANO BREAKBULK SERVICE TO PAPUA
      2,037 words
    • 2051 33 W V SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd Atl W I iilfll/iITICrS 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fa* 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT «-*U»« 25 |3S £52 !S» ISS, 55. S5. St SSl®*. 55.
      2,051 words

  • Page 34 Advertisements
    • 857 34 PBfi9[ I INDONESIANATIONAL LINE 111 IY6 II 1 liii 11 [»a »w I vwk MAM/MM nmncl wool w*» I MATHAM 34W6 I 13-18/5 13/6 16/6 19/6 1 23/6 II TO AUSTRALIA 111 EAST COAST Pt»TS I BL/VOY PKt SPORt STD MLB BUB Ftt Mil MOO lATAKARTA 76S 11/5 13/5 23/5
      857 words
    • 1767 34 (g)HANJ!N SHIPPING —S l« wui SEA POl FDR VSI SM lift HAUL SAV IM NYC MNJHHIOTTEMMM 122£ 13/5 MKT 3/6 V« 13/b jjL WJE°« 17/« HAKNN FELIXSTOWE 017E 20/5 WKCT 10/« 12/« HWUN UK 20 5 KEIUJ6 M2l Z > 4 '/7 HANJM KAOHSJUNG 012E 27/5 OKCCT 17/« £22 SSSflj?
      1,767 words
    • 1540 34 Irn w OB we ku to «i os kt as no ui at w mtc u«r wmnfutwoini®! GMil H 041 U/S kr« 17/5 19/5 21/5 N/5 25/5 27/5 21/5 29/5 31/5 U/t 21/* 25/* 2C/« */7 7/7 1/7 9/7 11/7 21/7 M/ 7 l/l 4/1 I GOUKN AEOIS 21/5 2*/5
      1,540 words

  • Page 35 Advertisements
    • 1501 35 EFFECTIVE FROM: II II II "NEPTUNE CORAL 09E" ETA SGP 02/06/93 W II IV(/nr l| AEX SERVICE WILL BE UPGRADED TO WEEKLY W I TO PNW- POfIKTS I TOCIUWIIIM-W I U FEEDER VSL VOY SGP MOTHER VSL VOY SET PLD VESSEL VOY SGP LOS OAK VAN CHI DAL/HOL MPH ATI.
      1,501 words
    • 1007 35 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 EASTBOUfC -DtSCHAKQNC WESTBOUW-LOADHG TRANSHPPtD VIA
      1,007 words

  • Page 36 Advertisements
    • 1420 36 —iff AS AGENTS KAWASAKI SHtiAPOK (FTC) LTD (01N* **********011) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 W W MALAYSIA: "K" LINE MAMTIMI (MALAYSIA) SON BHD M TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 X M All M INDONESIA: P.T. SARANA LAUT tNTUNUSA. TEL: JKT *****76.*****77.*****08
      1,420 words
    • 1056 36 PHILI-OniCNT LINCS PTi LTD <4^ V 108 Robinson Road #07-00 GMG 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 14 MAY AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH
      1,056 words

  • Page 37 Advertisements
    • 966 37 (ssszssr%ag PACIFIC INTERNATIONAL LINES (PTE) LTD I 2253? 140 Cecil street 03 PIL Building. Singapore 0106. I SSSSSSff mm cr NO iooeo67ooooE Znv mac SIN VESSEL VOY SIR JKT SIN VESSEL VOY SIN BKK SIN EQUATOR HAWK 91N 1«/5 It/S 23/5 EQUATOR CRYSTAL 141N 15/5 18/5 22/5 KOTA noam 3301
      966 words
    • 1674 37 MEDITERRANEAN FAR EAST SERVICE (A MEMBER OF THE MED CLUB) EXPORT: TO MEDITERRANEAN IMPORT: FROM MEDITERRANEAN VESSEL *AJ* VOY |SM |P1 BCN FO5 ITSPt TIB VESSEL NAME VOT law |K6 TUT NAG KOI KEE ■UNI TMSTE 01/519 17/0% 31/05 03/06 05 06 07/06 11/06 OCEANUS OSAKA 27/411 24/05 20/05 02/06
      1,674 words
    • 313 37 BSA ik. ymm, MYANMA iBHBk FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIc Pen PGd| ME R GUI VIISW In Port HPA-AN VI9OW 14/17 Mjy 9/11 MJ* PAGAN *157W 13/1® M*r AVA VI22W 14/18 May MALAYSIA AGENTS BOUSTEAO SHfWNG AGENCCS KUL m 03-2****** HU TEL
      313 words



  • Page 40 Advertisements
    • 2618 40 Full Container Liner Services Malaysia's Agents: Indonesia 's Agents: General Agents: Booking Agents: Guan Guan Skipping Sdn Bhd Chung Chiao Shipping Sdn Bhd P.T. Global Pntra Indonesia Maritime Costar Shipping Pte Ltd S**Mf Freight Booklet Centre Sdn SM 58 Persian Ra,a Muda Musa Lot 3.34. 3rd Floor. Jl IR H
      2,618 words

  • Page 41 Advertisements
    • 707 41 /jSg FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 17/05 ROTTERDAM 17/05 AARHUS/COPENHAGEN 17/05 HAMBURG/BREMEN 17/05 MARSEILLE FRANCE 13/05 FELIXSTOWE/UK ***** 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 19/05
      707 words
    • 675 41 RICHFIELD MARINE AGENCIES (S) PTE LTD W TEL: *****33 (12 Lines) SL FAX: *****15/*****03 ffl TELEX: RS ***** RISHIP (3 Lines) ]W\ ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL ANO CONVENTIONAL VESSEL VOY ETA LOAOtMG FO« SPORE ABYOT 32W8 06/06 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA MET SANE
      675 words
    • 962 41 JAKARTA j MI i GKOK |w GURU BHUM 1905 sl~rT 15/5 MAW BHUM 157N In PI 12/5~ Sun 16/5 MM BHUM 77J W5 14/5 WWU BHUM 141N Sal 15/5 1M IVS DRAGOH SEHTOSA 35N Sat 15/5 tin 14/5 i CHAITA BHUM 35N Sw 16/5 Thu 20/5 tHANA ■Ml 305 17/5
      962 words

  • Page 42 Advertisements
    • 1625 42 w BLUE STAR LINE I SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SW PROSPECT 24S 15/5 2S/5 30/5 15/6 N 2 STAR 7S 25/5 6/6 S/6 25/6 PREMIER 24S S/6 21/6 23/6 1/7 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND. LYTTELTON, ACCEPTING FCL LCL FOR NEW
      1,625 words
    • 932 42 THONG SOON LINES PTE. LTD.] Mi 77 ROBINSON ROAD #15 00. #16-00 SIA BUILDING SINGAPORE 0106 *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER BOOKIHO UNfc *****66 BINQAPOBE TO BARAWAK VESSEL VOY SPORE DEST VESSEL VOY SPORE PEST EQUATOR 111 88/3E 14 MAY
      932 words

  • Page 43 Advertisements
    • 848 43 ORIENT LINE" japan/bay of bengal/japan service ACCEPTM6 BKMBUU SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA. MOD. TOKYO* UMM.A*. DAVAO*. Penant* P. Kelanc Singapore Elhia* SHAPIAEVERETT VISE W>t/13 May IVYEVERETT V4E 15/16 May KAMALEVERETT VI6E 03/04 Jun ACCEPTMG BREAKBULK FCI SOC CARGOES TO/FROM CHTTAGONG, CALCUTTA AMD MONGLA* Sm(tport P. Kelaflf* Penant* Pas*
      848 words
    • 335 43 It* SLOBY NAVIGATION CROUP to A *JLlkßk<*% REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELAN6/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VII 15/5 21/5 22/5 11/6 GLORY SELATAN V 20/5 26/5 27/5 6/6 SP PKL HCM HK KAO GLORY SELATAN
      335 words
    • 618 43 PCSL WORLDWIDE W nmik tLODE STEAMERS LINES REGULAR FCL SERVICE TO THE FOLLOWING WEEKLY SAILING TO HUANG PU A SHANTOU Connecting Feeder to Huang PuSUI TUO CONTAINER NO. 2 Connecting Feeder to Shantao LIAN BO NO 9 WE HV LEASING CONTRS FOR RENTAL SAILING TO 'PHNOM PENH' FORTNIGHTLY FCL/LCL SERVICE
      618 words
    • 480 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN VESSEL SIN t DURBAN P ELIZABETH SIN FENGHANGSHAN VSO/51 19/05 05/0« 08 OC 26/06 FUYUSHAN V 44/45 04/06 20/06 23/06 11/07 FENGSHUNSHAN V4S/46 19/06 OS/07 08/07 26/07 ALSO ACCEPTING TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN
      480 words
    • 370 43 SIN FAR EAST 18/5 KEELUNG/KAOHSIUNG 15/5 BANGKOK 17/5 MANILA/CEBU 16/5 JAKARTA/BELAWAN/SURABAYA 17/5 PORT KELANG/PENANG/E. MALAYSIA 17/5 BUSAN 17/5 TOKYO/YOKO/KOBE/NGO/OSA 17/5 HONG KONG Si CHINA a#±*fen) 17/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 17/5 LDN/FLX/LVP/SOU 17/5 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgana/Czech. SjN USA/CANADA 16/5 LOS
      370 words

  • Page 44 Advertisements
    • 769 44 HONG KONG/CHINA 17/5 24/5 JAKARTA 14/5 21/5 BANGKOK 19/5 26/5 MANILA 14/5 21/5 BUSAN 17/5 24/5 KEELUN6 15/5 22/5 TOKYO/KOBE 14/5 21/5 KAOSHIUN6 18/5 25/5 POUT KELAN6/PENAN6 14/5 21/5 YOKOHAMA 14/5 A 21/s^^ COLOMBO 15/5 22/5 FELIXSTOWE/HAMBURG 15/5 22/5 CHITTAGON6/MADRAS 17/5 24/5 ROTTERDAM/LE HARVE/ANTWERP 15/5 22/5 BOMBAY/KARACHI 17/5 24/5 BARCELONA.
      769 words
    • 445 44 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 15TH MAY ACCEPTING TO ALL NEW ZEALAND PORTS JAKARTA 16TH MAY BANGKOK 16TH MAY I PORT KELAN6 20TH MAY FREMANTLE 14 MAY MELBOURNE 28 MAY BRISBANE 15 MAY SYDNEY 28 MAY I-ACCEPTING TO ALL SCANDINAVIA PORTS I KARACHI 17 MAY BOMBAY
      445 words
    • 402 44 This Week's Sailings Singapore I To: ETD To! eTS M^^°a warded Singapore Singapore ,s<) 9002 LR Q A EVERY EVERY Bangkok SUN Hamburg SAT —yPi EVERY EVERY Manila SUN Ho Chi Minh FRI f: IDI g] is I ItL I wmm EVERY EVERY l«—I Colombo TUE Los Angeles SUN INTERNATIONAL
      402 words
    • 219 44 j| NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEAC HVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN ECL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore
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  • Page 45 Advertisements
    • 1105 45 VESSEL/VOYAGE SINGAPORE DURBAN TORT ELIZABETH CAPE TOWN jgjjjjg V9509f ?/5 21/5 ?3/5 HAYAKAWA MARU V%6Bf »/5 31/5 2/6 VMI V9760F P 29 5 10/6 12/6 14/6 NEDLLOYP COIOMBO V9S6SF »/6 20 6 22/6 24/6 OSAKA MAKU mm 1U M/ 6 111 HAKATA VS333F 2«/6 10/7 12/7 WZ "ALSO ACCEPTING AIR
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    • 65 45 "BANGKOK" P.A.T. KLONG TOEY PORT ETA ETA VESSEL VOY SW BANGKOK MAHA BHUM 157N 12/05/93 16/05/93 NANTA BHUM 141N 15/05/93 19/05/93 MAHA BHUM 158N 19/05/93 23/05/93 NANTA BHUM 142N 22/05/93 26/05/93 (MAHA BHUM IS A FULL THAI FLAG VESSEL) ETA ETA ETA VESSEL VOY SW MAMLA CEBU AKA BHUM 124
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  • Page 45 Miscellaneous
    • 308 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.1 2.6 29 2.9 2.7 2.3 1.8 1.3 09 0.7 06 07 0.9 1.3 1.7 2.0 2.1 2.0 1.8 1.6
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  • Page 46 Advertisements
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    • 414 46 FREIGHT MANAGEMENT B GENERAL: *****11 BOOKING: *****55 ASEAN EUROPE/MEDITERRANEAN Penang 13/5 Le Havre, Rotterdam, Antwerp, Port Kelang 13/5 Hamburg 16/5 Manila 18/5 Felixstowe 15/5 Jakarta 18/5 Barcelona, Genoa, Marseille* 14/5 *<"*•>» AUSTRALIA/NEW ZEALAND Bangkok Sydney, Melbourne 15/5 INDIAN SUB CONTINENT Brisbane 15/5 Bombay, Karachi 17/5 Fremantle 13/5 Chittagong 19/5 Adelaide
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    • 383 46 Ewood line SOUTHERN AFRICA SERVICE SPORE PI DM CI •VMIA ***** M POUT 24/5 29/5 6/6 •AISO CALLS EX. AND P£. PK gEAWX SHIPPING SOW BHD TEL *7 5025 TLX. J7740 KJC.: CAPRICORN FREIGHT WWW TEL 213 288 TLX. 01M0 SECIL MARITIMA, U.E.E. Luanda, Angola. FAR EAST/ ANGOLA SERVICE SPORE
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  • Page 47 Advertisements
    • 764 47 HYUNDAI l MERCHANT MABIH p WESTBOUND TO EUROPE fSS WY 1 PNA 1 PKE I PGP 1 VESSELS VOY I SW< I RTM AHT* LET m I«" HMM ADVANCE 17A 11/05 12/05 13/05 R CHALLENGER 304W 16/05 04/06 04/06 05/06 06/06 06/06 OS/06 I MM ADVANCE ISA 18/05 19/05 20/05
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    • 529 47 TRAITS/JAPAN/STRAITS SERVICE I E SPECIALIST IN RO-RO HEAVY LIFTS I INBOUND VESSELS I isi m I let BAR »Tl ■f\ I I ism II SID ■PT MA IS/S I SMC CB4LLEBCM 2$ Sit ■PT DMRAI 14/1 I I sac HASTU >•/* I UK UUS 17 U S 11 OU CRBASB
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    • 872 47 JEDDAH/UK/CONTNENT STOKE ED STOR HWK RTMM liH *Mm Acc*M| C*t» F«r imausw EIP 12/314 15/5 24/5 2/4 5/4 7/4 1/4 Swaw*t« :Nrf MMMa. RMail <M Mk FRAMUURT EIP 47/11* 15/5 5/4 1/4 11/4 RoMwdw. :to A*m>». kmtmtm. o*. MM* UTAHO 15/315 22/5 31/5 5/4 12/4 14/4 14/4 SMta*tai :to M
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  • Page 48 Advertisements
    • 7 48 CE TECHNOLOGY I Tomorrow in Business Times
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    • 51 48 TECHNOLOGY^ Tomorrow in Business Times I Finnair Business Class Speed, Comfort and Space Fly Finnair's new wide bodied MD-11 to Europe and find out why long hauls are a thing of the past. Call your travel agent or 733 3377 for more details. We know the world from start to
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