The Business Times, 20 May 1993

Microfilm: NL18528
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times MITA (P) 552/12/92 Thursday May 20 1993 WE KNOW ASIA 75*
    14 words
  • 2am LATEST
    • Article
      Lock icon No change in US exchange rate policy
      81 1 Reuter WASHINGTON There is no new US policy to affect exchange rates and market forces should be the key factor in setting the value of the Japanese yen, a Commerce Department official said. Earlier, the yen shot higher after US Commerce Secretary Ron
      Reuter  -  81 words
    • Article
      Lock icon White House travel office staff fired
      61 1 AP WASHINGTON The entire staff of the White House travel officc was abruptly fired and the FBI was eallcd in to investigate allegations of "shoddy accounting procedures" and mismanagement. In all, seven workers, all hired before Mr Clinton took over the presidency, were fired
      AP  -  61 words
  • Article, Illustration
    MARKET SUMMARY
    117 1 Stock market indices Wednesday (hangc SMI 1.876 61 -1.4 KLSE Composite 729.41 f 3.97 Nikkei 20.3X0.79 +151 40 Hang Seng 7.093.88 -55.42 SE'I Index 873.52 +0.56 Jakarta Composite ...326.41 1.09 CLSA China B 1.***** -28.62 Ausl All Ord 1.682.6 t-4.7 FISE 100 2.819.7 -27.6 Wednesday I'rcuous llam close
    117 words
  • Article
    S'pore govt among world's 10 most proficient Beri study
    616 1  -  By Anna Teo SINGAPORE The governments of Singapore, Taiwan, South Korea and Japan, in that order, are among the 10 most proficient in the world, according to a new study by Washington-based Business Environment Risk Intelligence (Beri). Ben's government proficiency measure
    616 words
  • Article
    Jardine moves to take control of 4 S'pore and KL listed firms
    447 1  -  By Lee Han Shih SINGAPORE Prompted by a series of setbacks in Hongkong and tired of being China's favourite whipping boy, the Jardine group has set into motion plans to take control of four listed companies in Singapore
    447 words
  • Article
    Singapore CAD appeals against acquittal of former Amcol MD
    258 1  -  By Quak Hiang Whai SINGAPORE The Commercial Affairs Department (CAD) has filed an appeal against the acquittal of former Amcol Holdings managing director Kang Hwi Wah. who was earlier accused of taking a bribe. A CAD official confirmed yesterday that the
    258 words
  • Article
    Lock icon US trade deficit climbs 29pc to its worst showing in four years
    291 1 Reuter WASHINGTON The gap between America's purchases from abroad and its overseas sales shot up 29 per cent in March to US$lO.2l billion (5516.4 billion), the weakest trade performance in nearly four years, the US Commerce Department said
    Reuter  -  291 words
  • Article
    Lock icon 'Honest' broker fined for charging too little
    94 1 Reuter HONGKONG The Hongkong Stock Exchange yesterday said it has censured and fined a brokerage firm named Great Honest for charging clients too little. It said Great Honest Invest- ment had been guilty of charging less than the bourse's minimum 0.25 per cent
    Reuter  -  94 words
  • Article, Illustration
    US will maintain presence in Asia out of self-interest
    471 1  -  By Chuang Peck Ming SINGAPORE The US will out of sclf-intcrcst keep its military presence and other commitments in Asia, a top American official for East Asian and Pacific affairs said yesterday. "We will maintain our alliances. our forward military prcscncc
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  • Article
    Lock icon Li Peng set to make public appearance
    272 1 AFP MACAU China's ailing Premier Li Peng, who has been out of public view for three weeks, is expected to reappear tomorrow to meet visiting Portuguese Foreign Minister Durao Barroso, a Portuguese news agency said yesterday. Mr Li was expected to make a
    AFP  -  272 words
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      163 1 C32TR Cassette Recmvei «nr\ DSP Sound Process**/CO Changet Cortioi FUJ?TSU TEN AMATEUR PHOTO STORES PTE LTD. Sn«apore: Phone 235 1333 Kuala Lumpur Phone 757 0233 Pm«i«: Phone 615 985/619 014 Jakarta: Phone 374 085/380 1472 CONTENTS Spore News 2 Spore M'sia .9.10.11 Regional News 3.5.6 Financial 12.13 World News 8
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      9 1 The Law Page C on/lid oj laws P# 23
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      12 1 Hock Lock Siew SI A well positioned for future growth Pg 9
      12 words
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      43 1 ball. Distance with Spin. M~nj i. —w IST I UHbon HMHHHH MADE TO VII QNOOUSFONTMO HOUSt m JD 'fO M*PWr ROM <*•»»>• Ga«b iXM I* >u *****2" Editorial: Searching for a new peace formula, Pg 24 US sets terms for Cambodian aid. Back Pg
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Motor vehicle sales lift retail index
        332 2  -  By Teh Hooi Ling RETAIL sales, which had been flat in the first two months of the year, picked up in March. Figures from the Department of Statistics (DOS) yesterday show that the March retail sales index rose 12.5 per cent and 13.6 per
        Source: Dept of Statistics  -  332 words
    • Article, Illustration
      JTC to raise $250 m for land acquisitions
      408 2  -  Low interest rate of bond issue will help reduce cost of projects: chairman By Sylvia Wong JURONG Town Corporation said yesterday it would raise 5250 million from a bond issue to finance its land acquisitions in Singapore. Its chairman Yeo Seng Teck
      408 words
    • Article
      Regionalisation — Government should focus on helping SMEs, says IPS paper
      395 2  - Regionalisation Government should focus on helping SMEs, says IPS paper By Genevieve Cua GOVERNMENT efforts to help firms regionalise should focus on small and mediumsized enterprises rather than large companies, according to participants in a discussion organised by the Institute of Policy Studies. Representatives of 22 homegrown companies spent two
      395 words
    • Article, Illustration
      Asian shopping centre owners forming group
      396 2  -  By Jenny Lam ASIA's leading shopping centre owners plan to set up a group to represent their interests in this region. Operating under the International Council of Shopping Centres (ICSC) banner. ICSC/Asia will provide a forum for owners to get together to discuss the
      396 words
    • Article, Illustration
      Lock icon Court orders TGI Friday's to display disclaimer
      354 2  -  By Hong Lee Tiam THE High Court has ordered newly-opened restaurant TGI Friday's next to Park Mall to tell patrons it is not linked to the TGIF restaurant, disco and pub at Far East Plaza. Pending the outcome of a law suit by
      Arthur Lee  -  354 words
    • Article, Illustration
      Lock icon S'pore is top exporter on per head basis
      196 2 SINGAPORE was the world s 16th largest exporter of goods last year, but topped the list on a per head basis. Latest General Agreement on Tariffs and Trade (Gatt) data published recently in The Economist shows that the Republic exported the most
      Sources: GATT, from The Economics  -  196 words
    • SINGAPORE ROUNDUP
      • Article
        Buy an apartment, get a free trip
        94 2 PROPERTY agency ERA Realty Network is venturing into China with the launch of an exhibition-cum-salc of Wuhan properties this weekend at The Adelphi. About 200 units will be offered at SISO psf for residential units and $175 psf for offices in the landmark
        94 words
      • Article
        Contractors Association's elections
        68 2 THE Singapore Contractors Association Ltd (Seal) has elected Kong Mun Kwong to a second term as president. Mr Kong is also the group general manager for United Engineers Ltd and a director of Metrobilt Construction and Great Earth Construction Pte Ltd. Following Seal's annual general meeting on
        68 words
      • Article
        EDB overseas investment panel named
        50 2 THE Economic Development Board (EDB) has formed an advisory panel on overseas investment and regionalisation issues. Members include Tang Guan Seng, the Prime Minister's political secretary: Kemal Siddique. ambassador-at-large for the Ministry of Foreign Affairs; and Ng Pock Too. group chief executive at Sembawang Holdings.
        50 words
      • Article
        NS men to get CPF top-up help
        90 2 FULL-TIME National Servicemen will be given an interest-free loan of up to $500 by the SAF Central Welfare Council to help them qualify for the $200 grant under the CPF top-up scheme said Defence Minister Dr Yeo Ning Hong vesterdav. Under the top-up
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  • THE REGION
    • Article
      Bangkok issues tough rules in crackdown on industrial pollution
      437 3  -  From Alan Boyd in BANGKOK THAI manufacturers face a massive clean-up bill from decades of environmental neglect that may result in hundreds of factories being forced to relocate to the provinces. The crackdown on polluting plants ordered by the government of
      437 words
    • Article
      Lock icon Thai opposition drops plans to censure govt
      259 3 AFP BANGKOK Thailand's opposition parties have dropped plans to censure Prime Minister Chuan Leekpai's coalition government but might still target individual ministers for noconfidence motions, party officials said yesterday. The country's opposition parties announced on Tuesday that they would table a no-con-fidence motion
      AFP  -  259 words
    • Article
      Indonesia tops regional consumer confidence survey
      255 3  -  By Quak Hiang Whai SINGAPORE Consumers in Singapore ranked second in the Asia-Pacific in a consumer confidence study by credit card company MasterCard International. The Masterlndex of Consumer Confidence tracked 3,000 consumers in Australia, Hongkong, Indonesia, Japan, Korea, Malaysia, Singapore and Taiwan. The card
      255 words
    • Article, Illustration
      Lock icon Stronger Khmer Rouge poses threat to elections, says Untac chief
      362 3 AFP PHNOM PENH The Khmer Kouge is now stronger and tougher than before and poses a great risk to Cambodia's UN-sponsored clcetions. The head of the UN Transitional Authority in Cambodia (Untac). Yasushi Akashi. said yesterday that the Khmer Rouge
      AFP  -  362 words
    • Article
      Vietnamese urged to draw inspiration from Ho Chi Minh's teachings
      465 3 HANOI Vietnam paid tribute yesterday to late leader Ho Chi Minh on the 103 rd anniversary of his birth, with calls on new generations to draw inspiration from his patriotic teachings. The accent in editorials and articles in the state-controlled
      465 words
    • Article
      Lock icon Siem Riep airport shelled
      149 3 AFP SIEM RIEP Khmer Rouge guerillas shelled Siem Riep airport for the second time in four days yesterday, forcing cancellation of the daily flight from Phnom Penh to the city near Angkor Wat. UN military observers said four 107 mm shells landed in a field about
      AFP  -  149 words
    • Article
      Lock icon Japan ruling party backs Taiwan bid to join Gatt and UN
      397 5 Reuter TOKYO Senior members of Japan's ruling party say they support Taiwan's bid to join the General Agreement on Tariffs and Trade (Gatt) and the UN. "Taiwan is one of the largest trade partners. It is important to make
      Reuter  -  397 words
    • Article
      Lock icon More HK emigrants returning due to recession abroad
      185 5 AFP HONGKONG More and more people who have emigrated from Hongkong have been returning home in the past two years due to economic bleakness in the West. A survey done by the Hongkong Institute of Personnel Management (HKIPM) shows the flow of
      AFP  -  185 words
    • Article
      Lock icon Taiwan ruling party rebels to form new party
      233 5 Reuter TAIPEI Rebels among Taiwan's ruling Nationalist party yesterday accused its leadership of opposing democracy and announced plans to form a splinter party. "We are completely disappointed with party leaders who hope to cling to power by rejecting democracy," said Liu Ming-lung,
      Reuter  -  233 words
    • Article
      Lock icon N-E Asian nations to set up int'l corporation in Tumen
      226 5 Bernama SEOUL The five North-east Asian countries taking part in the Tumen River development plan have agreed in principle that China, North Korea and Russia will lease land to an international corporation. A United Nations Development Programme (UNDP) spokeswoman said
      Bernama  -  226 words
    • Article, Illustration
      Lock icon Better than Benz
      51 5 AFP SHANGHAI The American Cadillac is becoming less of a rarity in the city these days. However, it still attracts a fair amount of attention, as this scene outside the Peach Hotel shows. Here, the car carries a status connotation that surpasses even that of the Mercedes.
      AFP  -  51 words
    • Article
      Lock icon Shenzhen plans more land auctions
      116 5 AFP HONGKONG China's Shenzhen special economic zone (SEZ) plans to hold four land auctions this year, following this week's resumption of such sales after a five-year break. Yu Wandiao, head of Shenzhen state land planning bureau, told reporters in Shenzhen on Tuesday the zone planned
      AFP  -  116 words
    • Article
      Lock icon Australia to pressure NZ over benefits deal
      448 6 AFP SYDNEY Australian Prime Minister Paul Keating is to try during a visit to Wellington this week to recover some of the ASSOO million (***** million) a year in benefits that New Zealanders receive in Australia, officials said yesterday. Mr Keating is also
      AFP  -  448 words
    • Article, Illustration
      Lock icon Workers protest against VAT
      54 6 Reuter DHAKA Nearly 10,000 striking employees of small hotels and restaurants from across Bangladesh gathered in Dhaka yesterday. The workers were protesting against a Value Added Tax (V AI which they say is hurting business and forcing owners to dismiss employees. The strike has shut most
      Reuter  -  54 words
    • Article
      Lock icon Tokyo firms to cut back recruitment of new graduates
      291 6 Reuter TOKYO In yet another sign of the economic pain that Japan's worst post-war recession has inflicted, a survey published yesterday said companies would sharply cut their intake of new graduates next year. The survey by the economic daily Sihon Kcizai
      Reuter  -  291 words
    • Article
      Telstra joins consortium to study undersea cable system
      376 6  -  Asia Telecom '93 Reports by Genevieve Cua Corinne Kerk SINGAPORE Telstra Corporation, formerly called OTC Australia, has joined a consortium to explore the feasibility of an undersea optical fibre cable system linking Hongkong. Vietnam and Thailand. A Telstra spokesman said yesterday the
      376 words
    • ASIA NOTES
      • Article
        Lock icon China building bullet-type train
        68 6 AP BEIJING China's first bullet-type train is expected to come off the production line this October. A prototype of the new train, which has a maximum speed of 200 km per hour and a normal speed of 160 km per hour, has had successful test runs
        AP  -  68 words
      • Article
        Lock icon Australia sees little change in deficit
        91 6 Bloomberg Business News CANBERRA The Australian government said the-country's large budget deficit, estimated at AS 15.9 billion (SSI 8 billion) in the year ending June 30, is unlikely to change much in the next fiscal year. Sen Gareth Evans. Australian's Foreign Minister and the
        Bloomberg Business News  -  91 words
      • Article
        Lock icon HK may face crisis in water sources
        79 6 AFP HONGKONG Hongkong may face a water crisis as its main water source in China is being syphoned off to Chinese cities along the Dongjiang or East River. A report compiled by Chinese exports in the nearby Chinese city of Guangzhou warned that
        AFP  -  79 words
      • Article
        Lock icon KL appoints minister for Sabah affairs
        102 6 Reuter KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad yesterday appointed a federal minister for the oppositionheld state of Sabah on Borneo island. "We find that Sabah poses a lot of problems and we need somebody from Sabah who is conversant with the peculiarities of
        Reuter  -  102 words
    • Article
      Lock icon India seeks US$ 13.5b to boost phone network
      259 6 AFP SINGAPORE India will need a total investment of about USSI3.S billion (Ss22 billion) to expand its telephone network by a further 7.5 million lines over the next four years, its communications minister said. Sukh Ram said that while the provision of
      AFP  -  259 words
    • Article
      Lock icon India asks Israel to help in its fight against separatists
      522 6 Reuter UPI NEW DELHI Prime Minister PV Narasimha Rao asked Israel on Tuesday to help the Indian government in its longrunning battle against separatist groups. Visiting Israeli Foreign Minister Shimon Peres said he responded positively when Mr Rao raised the
      Reuter; UPI  -  522 words
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      338 3 AST. COMPUTER AST J^remmia™ For security-conscious users > g Who will benefit most from AST Premmia? Security-minded executives/companies who wish to have the most secure PC. f j As AST Premmia provides users with multiple levels of security: I QfeKi AST's Walk-n-Lock provides security Asset Management and SETUP Control I
      338 words
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      134 4 1 .aV -*f^i!®ij^ j'e ..-4 Swire Tajik.. .Wai Group jjp r n<ffr-- IPF p /C P%*xn extended business l»^M>trv v %pF JT v;< W' *<V> ,g| V "■>■ ,<wjL ft IvSCIRC'S il f\ A£SW<P i C^hongs |,i> 1 jfeIKONG From 1 June, our earliest and v C>r. l; latest flights
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      41 5 For Auction LIQUIDATOR'S SALE Refurbishment/ Redevelopment Opportunity AUSTRALIA LOWER PRICE BRACKET Also available 3276m J Air Rights O Area 392m J 5 Level Building Auction: 17 June, 1993, 17 O'Connell St. Sydney. Contact: James Aroney or Richard Buder (612) 251 3333
      41 words
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      188 5 At Asia TELECOM 93 r we'll show you the benefits of the latest in telecommunications. From 17 through 22 May, you can catch a preview of the latest in fax machines, mobile phones and more. telecommunications at the Asia TELECOM 93 Exhibition. Asia TELECOM 93 is organised by the International
      188 words
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      695 6 Diminished worry leading to fine lines furrowed Tmt stress lines Removed K open pores and blackheads Diminished Diminished the formation of thestartof vertical'age sags' the 'double chiri loo» No matter how in control you may THE MEN'S SKIN CENTER, appear to be on the outside, stress can leave For more
      695 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Looking at a shared future
      895 7  -  Australia-Malaysia ties Reports from Ilsa Sharp in PERTH BEHIND a series of thorny disputes ranging from Malaysia 's hanging of Australians convicted of drug-trafficking, through the allegedly insensitive handling of Malaysia in the .4ustralian media, to the current tug-ofwar over the custody of the children
      895 words
    • Article
      Regional security after the Cold War
      638 7 JOHN DAUTH comes to Malaysia straight from the post of First Assistant Secretary in the International Security Division of Australia's Department of Foreign Affairs and Trade. 1991-1993. His own personal interest in regional security manifests itself in any conversation with him. reflecting his government's
      638 words
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      84 7 Austria Style '94 Singapore May 24th 25th, 1993 2.00 p.m. 6.30 p.m. ANA Hotel Singapore PARTICIPATING COMPANIES APPAREL FABRICS ACCESSORIES GETZNER TEXTIL HB-BRDfTSCHKA GRAHCA QHUBER KLEINSORG PLANNER SCHIELSEIDE OPURKERT SILZ TEXTIL aRUPERTUS SCHOEFFEI READY TO WEAR MAKWANA OTHERS PAS DE DEUX QMATKA BRUEDER BAUMANN EMBROIDERIES AND LACES FRANZ GABLER ANTEX
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      134 7 Dubai London 6 times weekly. Bp obm Fly with Emirates to Dubai and London six commissioned for Emirates ■UMBMOj times a week. passengers. Emirates is the world's fastest growing airline. All this, when combined All our brand new Airbus aircraft are superbly with our award winning designed, with fewer seats
      134 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon German slump not bottomed out: report
        117 8 Reuter BERLIN Germany's recession has not yet hit its lowest point, and gross domestic product (GDP) in the second quarter is likely to be 2.5 per cent below the same 1992 period, the Institute for Economic Research (DIW) said yesterday. In its latest report
        Reuter  -  117 words
      • Article
        Lock icon Russia will ratify Start II: negotiator
        89 8 AFP WASHINGTON A US decision to resume nuclear testing would minimally affect the Russian parliamentary debate on ratifying the Start II arms-control treaty. Start II negotiator Linton Brooks said on Tuesday. Testifying before the Senate Foreign Relations Committee, Mr Brooks predicted that the Russian
        AFP  -  89 words
      • Article
        Lock icon Israeli foreign minister visits China
        95 8 AP BEIJING Israeli Foreign Minister Shimon Peres yesterday began a six-day visit to China that is expected to produce a cultural agreement and accelerate economic exchanges. The Israeli Embassy said Mr Peres will brief the Chinese on the Middle East situation, give a lecture to
        AP  -  95 words
      • Article
        Lock icon US police chiefs attack Interpol
        73 8 Reuter BRUSSELS US police chiefs and law enforcers slammed Interpol on Tuesday as an incompetent, corrupt body which they said put police across the world at risk. "Interpol's security is horrendous and is threatening the lives of the police on the streets who have to
        Reuter  -  73 words
      • Article
        Lock icon Solidarity to decide on strike in Poland
        104 8 Reuter WARSAW Solidarity trade union leaders met yesterday to decide whether to call a general strike in Poland and step up pressure to oust the beleaguered government. Solidarity leaders said talks with the government on Tuesday on pay demands by striking health workers
        Reuter  -  104 words
      • Article
        Lock icon Kohl on economic visit to Turkey
        91 8 UPI BONN Chancellor Helmut Kohl left yesterday for a two-day trip to Turkey which German officials said would be dominated by talks on bilateral economic links. Mr Kohl will meet with newly elected Turkish President Suleyman Demirel and other political and business leaders in
        UPI  -  91 words
    • Article
      Yeltsin replaces Maritime Territory governor
      307 8  -  From John Helmer in MOSCOW THE governor of Russia's Maritime Territory has been forced from office by the regional parliament. A new man appointed by President Boris Yeltsin has taken his place. According to a presidential decree released in Vladivostok, Yevgeniy Nazratenko becomes the new
      307 words
    • Article
      Lock icon China seeks normalised ties with France
      250 8 AFP Reuter BEIJING China hopes to normalise and improve its relations with France, Chinese President Jiang Zemin told former French president Valcry Giscard d'Estaing yesterday. It was the first time a senior Chinese politician had called publicly for a return to normal links since
      AFP; Reuter  -  250 words
    • Article
      Lock icon E German strike ending as work in Saxony resumes
      515 8 Reuter AFP BERLIN The first legal strike in eastern Germany in more than six decades began to wind down at dawn yesterday when metal workers in the southern state of Saxony moved from the picket line back to the assembly line.
      Reuter; AFP  -  515 words
    • Article, Illustration
      Lock icon Fighting for clean air and animals
      93 8 Reuter MEXICO CITY Activists were demonstrating for their various causes around the world on Tuesday. In Mexico City (left), members of ecological group Greenpeace put oxygen tanks and a mask on the statue of Diana the Huntress to start their campaign against the city's
      Reuter  -  93 words
    • Article
      Lock icon Call for inquiry into UK ship-building contract
      316 8 UPI LONDON A parliamentary committee has called for an inquiry into how the ministry of defence awards contracts, one week after Swan Hunters future was clouded by the loss of a multi-million-pound contract for a helicopter carrier. The Northern England shipbuilder lost the
      UPI  -  316 words
    • Article
      Lock icon UK must hold inflation below 4pc, says central bank
      382 8 Bloomberg Business News Reuter LONDON The British government must stay determined to hold the underlying annual retail inflation rate below 4 per cent because many people are convinced inflation will rise, says the Bank of England. UK central bankers were growing
      Bloomberg Business News; Reuter  -  382 words
    • Article
      Lock icon Bundesbank leaves key interest rates unchanged
      327 8 AFP FRANKFURT The Bundesbank's central council left Germany's key interest rates unchanged at its fortnightly meeting here yesterday in a decision expected by economists following a big increase in money supply. But they said that recession was spreading through Germany and this would put
      AFP  -  327 words
    • Article
      Lock icon Russian army may conscript only 15pc this yean report
      203 8 Reuter MOSCOW A top Russian defence official said yesterday the armed forces may only manage to conscript about 15 per cent of potential recruits this year. RIA news agency quoted Valery Mironov as telling parliament only 299,000 young men would be
      Reuter  -  203 words
    • Article
      Lock icon Russia pledges troops for Bosnian border patrol
      297 8 Reuter GENEVA Crisis mediators Lord Owen and Thorvald Stoltenberg won a pledge from Russia yesterday to send troops to monitor Bosnia's borders. sources close to the two men said. They said the mediators, currently in Naples, were to have flown to Ukraine and
      Reuter  -  297 words
    • Article
      Lock icon Better to intervene in Myanmar than Bosnia, says think tank
      373 8 Reuter LONDON A top think tank yesterday said the United Nations has to choose which conflicts it could stop by sending in troops and which it couldn't, and that there is a better case for intervening in Myanmar than in
      Reuter  -  373 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Telecom issue to comprise entirely vendor shares
      478 9  -  By Genevieve Cua SINGAPORE Singapore Telecom's maiden share launch later this year will be composed entirely of vendor shares, an exercise that analysts say may raise over $6 billion. Telecom chairman Koh Boon Hwee said yesterday the aim of the flotation was not
      478 words
    • Article
      Inno-Pac plans capital reduction scheme to cut losses by $46.78 m
      393 9  -  By R Sivanithy SINGAPORE Financially troubled Inno-Pacific Holdings has proposed a capital reduction scheme aimed at slashing its accumulated losses by $46.78 million. Inno-Pac, which has been badly hit by losses from its Shakey's pizza operations, announced yesterday that
      393 words
    • Article
      Some applicants still waiting for news on IPC share offer
      321 9  -  By Joseph Rajendran SINGAPORE The slow pace at which applications for the recent IPC Corp share offer have been processed has left some investors baffled and angry. With trading of IPC shares expected to start tomorrow, some people have yet
      321 words
    • Article
      New telephone service on share allotment
      152 9 SINGAPORE Did you get a share of that initial public offering (IPO)? Applicants can now find out by dialling the Infoline telephone service. Sponsored by Singapore Press Holdings, the service provides information on allotment of scripless shares to successfcl IPO applicants. It is only
      152 words
    • Article
      SIA hit by hard times but is well positioned for future growth
      641 9  -  HOCK LOCK SIEW By Rahita Elias SINGAPORE It must be a sign of hard times. Singapore Airlines' latest results briefings for analysts and journalists on Tuesday were held not in the usual downtown hotel but at Airline House
      641 words
    • Article, Illustration
      Jardine (S) chairman to take over the helm at CCL
      456 9  -  By Syilvia Wong SINGAPORE Cycle Carriage Ltd (CCL) yesterday announced marginally lower interim net earnings, and said there will be a major management change that will see the last of the founding Chua family leave the group. The Mercedes distributor
      456 words
    • Article
      SNP, Hiap Moh in China tie-up
      157 9 SINGAPORE Singapore National Printers and its associate company, Hiap Moh Corporation, have agreed to set up a joint- venture enterprise with a firm in China. The two local companies and the Printed Goods Materials Company of Hainan will set up the Hainan Sinhai Prepress
      157 words
    • Article, Illustration
      Lock icon SUMMARY
      357 9 Source: Bridge Info Performance of STII's index stocks May 19 Last Seasc ladrx Slack sale (h«r factor i ■own <$> <v> Avimo 2.250 -0 100 1 68 100 00 (At 7.450 5 55 (ffrtws 5 200 0 150 3*7. 150 00 FAN 12 400 -0 100 961 100 00
      Source: Bridge Info  -  357 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Eastgate sells Singatronics warrants
          55 10 SINGAPORE Eastgate Investment Pte Ltd sold 2.5 million warrants in Singatronics Ltd on May 17 and 18, for a total of Si. 15 million. This leaves Eastgate with 1,365.067 warrants, or 2.42 per cent of the total warrants. Eastgate announced the sales in recent letters to
          55 words
        • Article
          Isetan (S) divests stake in Apollo Ent
          51 10 SINGAPORE Isctan (S) Ltd told the Stock Exchange of Singapore that it sold its stake in Apollo Enterprises to Zhong Guo Investment on a willing buyer, willing seller basis. Isctan sold the 5,297.000 Apollo shares to Zhong Guo for 510.594 million, or S2
          51 words
        • Article
          NOL sells office space in HK
          66 10 SINGAPORE Listed Neptune Orient Lines Ltd (NOL) has sold a single floor of office space in downtown Hongkong for a HKS6O million (SS 12.5 million) profit, according to a statement from NOL yesterday. An NOL spokeswoman told BT that the HKSB9 million sale of
          66 words
      • Article
        Corrections and clarifications
        118 10 IN BT's report on Shangri-La Hotel's annual performance dated May 3, the figures for the group's profits from investment holdings should read $383,000 not $383 million. As a result, yield from investment activities was 0.24 per cent. Similarly, the loss from non-core activities was $665,000, not $665
        118 words
      • Article
        Lock icon Hopewell to start on US$ 3.2b rail, road project: Thai minister
        307 10 Reuter BANGKOK Hongkongbased Hopewell Holdings will start construction of its longdelayed US$3.2 billion (SSS.I billion) Bangkok rail and tollway project on Sunday, said Thai Transport Minister Winai So m pong. Hopewell chairman Gordon Wu "has confirmed that he will
        Reuter  -  307 words
      • Article
        Lock icon Petronas short-lists underwriters for subsidiary's flotation
        365 10 Bloomberg Business News KUALA LUMPUR Petronas, Malaysia's state-run oil company, will select a merchant bank by early next month to spearhead the public listing of its petroleum marketing arm, Petronas Dagangan Sdn Bhd. says a Petronas executive. Petronas. which has said it wants to
        Bloomberg Business News  -  365 words
      • Article
        Lock icon Manila blasts verdict clearing Westinghouse of bribe charge
        143 10 Reuter MANILA The Philippines yesterday said a US jury 's ruling absolving Westinghouse Electric Corp of charges it bribed Ferdinand Marcos was a "hometown decision" and vowed to make the company pay. Imelda Marcos, widow of the late Filipino ruler, cheered the
        Reuter  -  143 words
      • Article, Illustration
        Lock icon Linking Islamabad and Lahore
        63 10 Reuter RAWALPINDI Workers of South Korea's Daewoo Group using earth-moving machines to remove rocks yesterday at a construction site for a 339-km motorway that has been criticised as grandiose by Pakistan's new caretaker government. The US$92l million (551.483 billion) project implemented by deposed prime minister Nawaz
        Reuter  -  63 words
      • Article
        Lock icon China-led group buys firm linked to burned Thai factory
        437 10 Reuter HONGKONG A Chineseled consortium including the son of senior leader Deng Xiaoping plans to snap up a subsidiary of a Hongkong toy maker at the centre of a row over a Thai factory fire in which more than 200 workers
        Reuter  -  437 words
      • Article
        Lock icon Modest rise in profits expected for Taiwan listed companies
        374 10 Reuter TAIPEI Listed Taiwanese companies' profits are expected to grow moderately by Taiwanese standards this year after falling during last year's economic slowdown, analysts said yesterday, after seeing sales figures for the first four months. "In general, listed companies should have
        Reuter  -  374 words
      • Article
        UNIT TRUSTS & FUNDS
        491 10 UNIT TRUSTS FUNDS Maufart' pritN May 20 Insurance Fund Singapore Unit Trust Income Bond Polio. 3 20 3.31 The Commerce 1 36 1 43xd ft,., J.-lt.l rrU06fTu3l The Savings Fund 1 22 1.28 PruLink MgJ Fun J 1 14 1 20 S'porc Prog Fund 057 060 S pore Sec Fund
        491 words
      • Article
        DIVIDENDS ANNOUNCED
        1440 10 Payment Ex Books Pay date close date Ac ma F 7.5 Jun 10 Jun 22 Jul 5 Apollo F 2.5 Jun 21 Jun 25 Jul 15 Boustead 50* 7.5 Apr 22 Mav 7 Jun 4 B Raya F 3 Ma> 25 Jun 9 Jul 8 Caiha\ Pac 20*
        1,440 words
      • Article, Illustration
        Lock icon Australia's second largest retailer to offer lb shares
        319 11 Bloomberg Business News SYDNLY Woolworths Ltd, Australia's second-largest retailer. will be sold in a public stock offering that values the company at up to A 52.45 billion (SS2.B billion), the parent Adelaide Steamship group said. A total of one billion shares will
        Bloomberg Business News; Reuter  -  319 words
      • Article
        Lock icon France spying on top British defence and high-tech firms: report
        302 11 AFP LONDON Some of Britain's top defence and high-tech companies have been systematically targeted by France's intelligence services, according to a leaked document from the Direction General de la Securite Exterieure (DGSE). the Independent newspaper said yesterday. The dossier reveals
        AFP  -  302 words
      • Article
        Lock icon Hewlett-Packard's second quarter net income up 9pc
        316 11 Bloomberg Business News PALO ALTO. California Propelled by a surge in demand for its computers and printers. Hewlett-Packard Co, reported fiscal second-quarter net income rose 9 per cent on 22 per cent higher revenue. For the quarter ended April 30, net reached USS347
        Bloomberg Business News  -  316 words
      • Article
        Lock icon NZ's Fortex Group seeks consolidation, sees profits improving
        307 11 Reuter CHRISTCHURCH, New Zealand Fortex Group Ltd. the second liner that analysts say has championed modern marketing and management techniques in New Zealand's meat industry is now seeking consolidation while promising improved profits. The company argues a severe winter forecast for 1993
        Reuter  -  307 words
      • COMPANY BRIEFS
        • Article
          Lock icon Aiwa group pre-tax soars 39.8 pc
          95 11 AFP TOKYO Japanese audio maker Aiwa Co Ltd said yesterday its group pre-tax profit soared 39.8 per cent from the previous year to 4.2 billion yen (5558.4 million) in the year to March. Aiwa, a subsidiary of Sony Corp and strong in headphone tape
          AFP  -  95 words
        • Article
          Lock icon Hanyang files for court receivership
          102 11 Reuter SEOUL South Korea's Hanyang Group said it had applied for court receivership after failing to extricate itself from a financial crisis. Loans owed by the group's four companies totalled 1.22 trillion won at the end of March, with its flagship Hanyang Corp construction unit
          Reuter  -  102 words
        • Article
          Lock icon Singer taking instalment idea to China
          95 11 Bloomberg Business News HONGKONG The company that takes credit for introducing instalment programmes to the world when it began selling sewing machines in America almost 140 years ago is now set to pioneer the concept in China. Singer Credit Co, jointly owned by Hongkong
          Bloomberg Business News  -  95 words
        • Article
          Lock icon Sega's group pre-tax profit up 59pc
          80 11 AFP TOKYO Japanese video game manufacturer Sega Enterprises Ltd said its group pre-tax profit jumped 59 per cent from the previous year to 57.4 billion yen (SsBl2 million) in the year to March. Sega, the second largest Japanese electronic game maker following Nintendo, said
          AFP  -  80 words
        • Article
          Lock icon Taipei firm wants to invest in China
          83 11 Bloomberg Business News TAIPEI Tay Feng Tire Co, one of Taiwan's largest makers of automobile tires, will ask shareholders at the end of the month to approve USSIO million for unspecified investments in mainland China, the company said. Tay Feng. 5.4 per cent
          Bloomberg Business News  -  83 words
        • Article
          Lock icon Upjohn faces difficult transition
          81 11 Reuter KALAMAZOO. Michigan Upjohn Co executives told shareholders the company faces a difficult transitional period as it struggles to overcome the loss of chairman Theodore Cooper and increased competition. Upjohn president and acting chairman Ley Smith said the firm plans to refocus on core businesses, cut
          Reuter  -  81 words
    • FINANCE
      • Article
        Gas Malaysia raises M$ 180m loan facility
        261 12  -  By Quak Hiang Whai SINGAPORE Gas Malaysia, a gas distribution project owned partly by Clob-traded Malaysian Mining Corporation (MMC), has successfully raised a MS 180 million <S$ 111 million) loan facility from an allMalaysian syndication. The capital market magazine International Financing Review said
        261 words
      • Article
        Lock icon Bank Negara keeping low profile on forex markets
        575 12 Reuter NEW YORK Malaysia's Bank Negara, reputed to be a big-time currency speculator, is keeping a lower profile after suffering over US$4 billion (556.4 billion) in reserve losses in 1992, US dealers said. As counterparties. US banks are becoming more cautious for
        Reuter  -  575 words
      • Article, Illustration
        Tat Lee Finance signs $lm deal to upgrade its banking system
        315 12  -  By Paul Leo SINGAPORE Tat Lee Finance Ltd has signed a contract with banking software developer Fiserv (Aspac) Pte Ltd to upgrade its existing retail banking system. The Ssl million contract, signed on Tuesday, would provide Tat Lee Finance
        315 words
      • Article
        NZI starts private health insurance plan
        203 12 SINGAPORE NZI Insurance has launched MediSurance a comprehensive private health plan to suit the individual needs of policyholders. In an NZI statement yesterday NZI general manager John Cresswell said rising health care costs are forcing people to reconsider their health care plans. "In many
        203 words
      • SMALL CHANGE
        • Article
          Lock icon Taipei may allow bank rep office in China
          67 12 Reuter TAIPEI Taiwan may let its banks set up representative ofFices in China as a first step towards lifting its ban on investment in the Chinese financial industry, the Monetary Affairs Bureau said on Wednesday. Bureau deputy dircctor-gcncral Susan Chang said it
          Reuter  -  67 words
        • Article
          Profitable debut for Islamic Bank
          84 12 JAKARTA Indonesia's first Islamic bank. Bank Muamalat Indonesia (BMI). recorded a profit of 5.6 billion rupiahs (554.6 million) in its first ten months of operation, the Antara news agcncy said yesterday. Antara quoted BMI director Zainulbahar Noor as saying in Scmarang. central Java, on Tuesday
          84 words
        • Article
          DBS Bank awards 6 scholarships
          88 12 SINGAPORE Six outstanding students have been granted scholarships by DBS Bank this year. Under its DBS Bank Scholarship Award Schcmc this year, the bank has been aiding deserving students since 1972 and the latest additions bring its total tally to 98. The latest recipients arc
          88 words
        • Article
          Lock icon Citibank to lead-manage issue
          63 12 Reuter MANILA State-owned Development Bank of the Philippines (DBP) said it has chosen Citibank NA. a unit of Citicorp, as lead manager for its planned SlOO million to SISO million curobond offering this July. "We have selected Citibank as lead underwriter and they will start to
          Reuter  -  63 words
        • Article
          Lock icon Commercial Union returns to profits
          78 12 Reuter LONDON British insurance company Commercial Union pic said on Wednesday it returned to profit in the first quarter of 1993. The group posted a pre-tax profit of £16.2 million (SS4I million) in the three months to end-March versus a previous loss of £19.2 million.
          Reuter  -  78 words
        • Article
          ANZ close to selling Dalgety stake
          59 12 SYDNEY Australia New Zealand Banking Group has entered into final negotiations to sell its 95 per ccnt stake in woolbrokcr and rural finance group Dalgety Farmers Ltd. the Sydney Morning Herald said yesterday. The bank has entered an arrangement with a potential buyer, possibly
          59 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon China's central bank to issue short-term bonds
        482 13 Reuter BEIJING China's government wants to get its hands on some of the flood of money and credit in the country and China's central bank plans to issue short-term bonds to domestic financial institutions, the official Xinhua news agency reported yesterday. The People's
        Reuter  -  482 words
      • Article
        Lock icon Referendum results not likely to cause sharp shifts in forex assets
        419 13 Denmark's 4 yes' vote on Maastricht Reuter LONDON The Danish 'yes' to the Maastricht Treaty is not expected to prompt sharp shifts in foreign exchange assets, as fund managers say they no longer see the treaty as the vehicle
        Reuter  -  419 words
      • Article, Illustration
        Lock icon Gold hits two-year high, expected to rise further on inflation fears
        337 13 Reuter HONGKONG Inflation fears should continue to power the gold price, Hongkong dealers said yesterday after the metal closed at a two-year high. The dealers expected to see very active bullion trading in Europe and New York and said
        Reuter; Source: TeleTrac  -  337 words
      • Article
        Lock icon Traders jittery over Indon crude oil cutback
        270 13 Bloomberg Business News SINGAPORE Asian crude oil traders reacted nervously to news that Indonesia had cut its monthly crude oil exports sold on a term contract to Japan, its biggest oil customer. Indonesia, which needs the oil to meet growing domestic demand for
        Bloomberg Business News  -  270 words
      • Article
        Lock icon Top US bankers expect interest rates to stay low
        381 13 Reuter NEW YORK Despite renewed fears of inflation and a recent spike in long-term US interest rates, the country's leading bankers expect rates to stay low in 1993, and no one sees a banking crisis if rates do rise sharply. Chemical
        Reuter  -  381 words
      • Article
        Oil futures ease in New York on US report of rise in crude stocks
        426 13 Bloomberg ENERGY REPORT LONDON Oil futures prices in London were higher on improved interest in gasoline. while New York traded lower following a rise in crudc stocks in the previous night's inventory report from the American
        426 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        141 13 THE US$ opened firmer across the board in the morning but made a quick reversal in the last half hour of Far East trading. Over in the USS/SS market, trading was lacklustre and confined to a narrow range of 1.6163/66 for most of the day.
        141 words
      • Article
        Lock icon London
        156 13 Reuter The dollar was steady against the German mark after the Bundesbank left interest rates unchanged. The dollar dosed in London at 1.6249 marks, little changed from a previous 1.6235. The dollar had a harder ride against the yen, which moved up when a 510.21 billion overall US March
        Reuter  -  156 words
      • Article, Illustration
        Untitled
        1582 13 trade *cifhhxt index cakulawd an jih\l S'/kwe's /if 14 iradinti pmrtntr\ Huh- HUI l*M< US$/S$ forward rates Noon May 19 s$ Bid Offer 1-monlh I 6154 ***** 2-rnonlh ***** I 6171 Vmomth 1615? ***** 6-monlh ***** ***** Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m yesterday: Singapore dollars to
        1,582 words
      • Article
        Lock icon New York
        92 13 AFP The dollar fell slightly at midmorning yesterday following a Commerce Department report that the US trade deficit rose sharply in March. In moderately active trading. the dollar was trading at 1.6200 German marks around 9:3oam (1340 GMT) against 1.6240 on Tuesday and at 110.80 yen against 111.40
        AFP  -  92 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firm on late buying interest
        1492 14 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures ended firmer as late buying interest emerged on the back of sentiment that the contract is now technically oversold. The lead-December contract settled at 96.07 against its previous settlement at 96.04 and September at 96.56 against 96.53.
        Reuter  -  1,492 words
      • Article
        Foreign buying interest still absent from KL tin market
        1049 14 COMMODITY REPORTS Tin TIN price on the Kuala Lumpur Tin Market shed one sen for an easier close at MS 14.04 per kg yesterday. Scattered local buying interest was noted, dealers said. They added that the metal was still unable to
        1,049 words
      • Article
        COMMODITY PRICES
        1708 14 Rubber Ma> 19 MS Commodity Exchange (futures dosing as at 1pm) RAS (physical prices) RSS 1 Contract (S ccnts/kg) Bayers CAIIam Miitn Close Volume Open As at 1Z noon ts cents/kg) Month High Low Sett (tonnes) Interest kSS 2 Jun 93 128 00 129 OON Jun 93 Jul
        1,708 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1115 15 +4.7 The share market ended higher, with trading again dominated by demand for gold stocks after the bullion price soared in local and Asian trade. The All Ordinaries Index ended 4.7 points higher at 1,682.6, with the gold marker soaring 82 points to close at 1.798.3. The All Industrials
        1,115 words
      • Article
        Manila
        605 15 -21.78 Share prices tumbled for the second day in a row as the lack of fresh incentives, poor corporate results and a severe power shortage kept investors sidelined, despite excess liquidity. The Manila Composite Index dropped 21.78 points to close at 1,574.36. "The fall was expected. Sentiment has been
        605 words
      • Article
        Taipei
        595 15 -48.85 Stocks finished lower and turnover dropped to its lowest level since February as most players stayed away from the sluggish market. The Weighted Index spent the entire session lower and ended 48.85 points down at 4.446.54. Turnover shrank to NTS 18.48 billion from Tuesday's NT$23 billion. Sentiment was
        595 words
      • Article
        Seoul
        538 15 +2.15 Follow-through buying interest pushed the stock market higher for the third consecutive session despite some profit-taking in blue-chip manufacturing shares. Brokers said the market would face a short-term technical downward adjustment today. "Continually increasing trading volume and customers' deposits with brokerage houses reflected improved sentiment," said one broker.
        538 words
      • Article
        New Zealand
        266 15 +27.57 Stocks surged in active trading as investors played catch-up after a computer breakdown halted trading on Tuesday. Bill Foster, executive director of the New Zealand Stock Exchange, said there was no repeat of Tuesday's problems yesterday. The Top 40 Capital Index closed up 27.57 points at 1,615.91.
        266 words
      • Article
        Bombay
        32 15 The Bombay Stock Exchange was closed yesterday to enable brokers to complete cash shares settlement work which their employees have refused to do until their demands for higher wages are met
        32 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        626 15 Vienna Mat If A*h vt I MO 10 Rank XmlrulPl *JI C.mMjniu *> Jungbun/I Lrn/ing 'J JJJ UIK [J StcmOP "■>* s<n-v>* 4s VMM WKncrhcn in Source: Nasdaq M« 18 ISS \ik4ph( oor* I 1 125 -O 125 Vppir < omputcr I id 55 NKI -0 250 < harmina Shoopex
        626 words
      • Article
        Paris
        87 15 -9.62 A tentative rally on the Paris bourse fizzled out yesterday and the CAC-40 index dropped 9.62 points to 1,836.78 at the close. Paris May 19 Fr Mr-LHiuHfc '06 00 5 00 Akald Xirahum ***** "»00 Eif-Viuit rooo 520 Gale De Banguc I0> 00 Ufarje 331 00 -60 Michelm
        87 words
      • Article
        Stockholm
        140 15 -0.76 pc Most Swedish share prices closed lower after a short but volatile pre-holiday session which saw a shock money supply figure from Germany bring the recent uptrend to an abrupt stop. The impact of positive early news was lost and the market is now closed until Friday. The
        140 words
      • Article
        Milan
        167 15 +30 Stocks gained sharply yesterday, boosted by tax changes, hopes of lower interest rates, and the approval by Danish voters of European union, traders said. "There was strong demand all over," said a trader at San Paolo. Traders said the market's recent rises have taken on a life of
        167 words
      • Article
        London
        778 15 -27.6 Stocks slumped yesterday after Bass released disappointing earnings and three companies sought cash injections through share and bond issues. An early 30-point drop on the Dow Jones Industrial Average also sent UK shares lower towards the close as negative factors outweighed Denmark's "yes" vote in a referendum on
        778 words
      • Article
        Amsterdam
        232 15 -3.72 Stocks slumped ahead of today's Ascension Day holiday, as investors reacted negatively to discouraging news from abroad, traders said. The EOE Index of 24 leading stocks closed down 3.72 points, or 1.21 per cent, at 304.99, barely above its intraday low of 304.80. The day's high was 308.95.
        232 words
      • Article
        Frankfurt
        191 15 -11.07 Share prices closed near their intraday lows after the Bundesbank left key interest rates unchanged at its central council meeting, traders said. Market expectations of a rate cut had been dampened before the bourse opened by news of accelerating German money supply, so reaction to Bundesbank rates news
        191 words
      • Article
        Brussels
        113 15 +0.81 Some position-squaring ahead of the long week-end and Monday's settlement made Belgian shares give up most early gains in the last hour of trading to close only fractionally higher. The Bel-20 Index closed 0.81 points higher at 1,213.21. A high 1.23 billion francs worth of shares changed hands.
        113 words
      • Article
        Zurich
        221 15 +0.10 Stocks ended steady yesterday in moderate trading, as gains from futures-related buying pressure early in the session evaporated near the close, traders said. The blue chip Swiss Market Index, or SMI. ended at 2.227.00. up 0.10 from Tuesday. Advancers and decliners were matched at eight apiece, while six
        221 words
      • Article
        Johannesburg
        306 15 +24 Gold shares ended a dizzy day's run sharply higher yesterday as the gold price sliced through key resistance levels. But the gold board dipped near the close and dealers said some consolidation and profit taking lay ahead even if the gold price held about USS3BO an ounce. The
        306 words
      • Article
        Toronto
        323 15 +34.37 Stocks opened marginally stronger in quiet trade ahead of the Ontario budget to be released after the market closes, dealers said. "There has been activity but it's been in selected areas," one trader said. Gold shares continue to firm, he added. The TSE 300 Composite Index was up
        323 words
      • Article
        New York
        870 15 -5.54 The stock market was lower yesterday morning, hurt by more negative economic news and lower bond prices. After one hour of trading. the Dow Jones Industrial Average was down 22.70 points at 3,421.69 at 10.30 am. Volume on the floor of the New York Stock Exchange was
        870 words
    • Article, Illustration
      Lock icon HONGKONG
      3139 16 Reuter STOCKS finished down with the Hang Seng Index ending near the day's low. The blue chip indicator fell 55.42 points to close at 7,093.88. It touched an early low of 7,090.67 before wandering around 7.100 almost the whole day. Turnover was a modest HKSS.I9 billion against Tuesday's HKSB.3I
      Reuter; Source: Bridge Info  -  3,139 words
    • Article, Illustration
      CHINA
      464 16 THE Shenzhen A market saw another day of selling yesterday. Only the introduction of a new stock kept the index from falling further. The CLSA Shenzhen A Index fell 0.80 points to close at 2,802.60. It was also a day of selling in the B market. Prices moved lower
      464 words
    • Article, Illustration
      Lock icon TOKYO
      2518 16 Reuter STOCKS ended firmer on bar-gain-hunting triggered by strength in select individual issues. Arbitrage unwinding kept dribbling in to cap gains but public pension fund buying and short-covering after Tuesday's big losses supported the market. "It was just some mining and bio-tech issues and JGC Corp that were showing
      Reuter; Source: Bridge Info  -  2,518 words
    • Article, Illustration
      Lock icon BANGKOK
      1822 16 Reuter MOST stocks traded near their previous close in a sideways market but brokers said volumes were swollen by big lot trades due mainly to foreign buying. The SET Index ended 0.56 points higher at 873.52 on turnover of 4.15 billion baht. Winners led losers 116 to 85 with
      Reuter; Source: Bridge Info  -  1,822 words
    • Article, Illustration
      Lock icon JAKARTA
      1133 16 Reuter SHARE prices closc higher in active trade driven by locals and foreigners, dealers said. The Official Index closed at 326.41 points, up 1.09. "Buying on rumours and selective hunting for quality stocks kept the market active for the second session." said a dealer. Astra inched up 200 rupiah
      Reuter; Source: Bridge Info  -  1,133 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2620 17 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume FACB MX- 25.422.000 Herjasa Leisure 17.150.000 ASH 50c 16.227.000 Ml I 1.1.627.000 Bedford 50c 12.155.000 AMDB 50t 11.165.000 Hromel 9.226.000 Metroplex 50e 6.645 000 Bcrjata Group 6.215.000 Ind Oxygen 50c 5.*)4 000 Berjava Ind S.893.000 Idris H\d 50c 4
      Source: Bridge Info  -  2,620 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Market hits fourth successive record high
        5245 17 Bernama SHARE prices in Kuala Lumpur closed higher in active trading yesterday. The Composite Index of the Kuala Lumpur Stock Exchange rose another 3.97 points to close at 729.43. its fourth successive record closing. The Emas Index was 1.72 points up at 202.82 while
        Bernama; Source: Bridge Info  -  5,245 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Blue chips ease but broad market remains firm
        7103 18  -  By Quale Hiang Whai SINGAPORE The stock market closed generally higher again in active trade yesterday even though some blue-chips slipped on profit-taking. Brokers remained positive as buying interest was strong, especially in the late afternoon. More importantly, trading volume continued to
        Source: Bridge Info  -  7,103 words
      • Article, Illustration
        Lock icon KHJC
        61 18  -  Quak Hiang Whai IS KAY HIAN James Capel (KHJC) ready to break through $1.10? That is the main question investors should ask themselves if they want to buy in now. The stock is sitting nicely at that major resistance. Daily RSI suggests there is some room for upward movement
        SOURCE: BRIDGE INFO  -  61 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      82 9 Q Should companies insure themselves against the sudden loss of their key personnel? Q What are the important factors for a successful bank insurance marketing programme? Q Should investors look at insurance-linked investment products? Read about the explosive growth in Singapore's general insurance industry and the prospects for 1993. These
      82 words
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      86 10 This announcement appears as a matter of record only May 1993 /<- V J WINDOWS. COMPACT METAL INDUSTRIES LTD (Incorporated in the Republic of Singapore) Invitation 15,000,000 new ordinary shares of $0.10 each payable in full on application Issue Price $0.75 per share Listing SESDAQ Managed and Underwritten by OoCBCMK
      86 words
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      1 10 pa'
      1 words
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      148 11 VM BP Jf' j^^B? P3 J* Bl Ba ■P Bk M&J -"^jyWBBBIB -Jr iHoffrrll^BP > r Ik BP IP/ .^^Br M m m Mi MW J/K* Wk iB B B- B B? w V K me? 8 m m m W r Jr' Hfrg^ iw m llllc/ BH^ZSH ■K 91
      148 words
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      1929 12 ©Focal Finance Limited (Incorporated in Singapore) Focdl Finance (A Member of the OCBC Group) BALANCE SHEET AS AT 31 DECEMBER 1992 Notes 1992 1991 Notes 1962 1991 t s s ASSETS UAMUTIES AND SHAREHOLDERS' EOOfTY Current assets: Current kabaMies Cash, deposits and balances with banks 3 MJWJW 14.634.554 Deposits and
      1,929 words
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      33 13 cSAYcS Quality Quantity I X ">\'T < X "All IX X .1:111 I.' I l/VSN'T TIOI I-:L WESTIN Westin Catering r u na ffo'uLXC*? a««»/ Call 338-3808 for more information. THI WfSTIN HOIIIS SHKU(MMr
      33 words
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      308 14 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. rj 8.V.1 3 ISLE OF MAN D BAHAMAS O JERSEY 3 BELIZE 3 LIBERIA 3 COOK ISLANDS O MADEIRA
      308 words
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      Page 14 Advertisements Column 2
      29 14 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead fit offers K= the most Wr current X&sr, 111
      29 words
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      57 15 m m v vS -xMs iHffi IV M J?\\ v \\>r GEORG JENSEN ica\s In Time On display at the Museum of Modern Art (MOMAi in New York and the following selected stores and outlets *?$$> 02 22 23 Hilton Interna! ural Te! 73-***** «01 -09 Mandar r Sheppin A
      57 words
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      58 16 Singapore: THE HOUR GLASS Lucky Plaza Tel *****20/1 Scotts Tel *****27/7198 X Centrepoint Tel. *****98/603 Peninsula Plaza Tel *****09/*****63 fi&XNfcK Palais Renaissance Tel. *****62/543 Raffles Tel *****41 Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre. Kuala Lumpur Tel. 03-*****20/932 Yow Chuan
      58 words
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      56 18 Singapore:THE HOUR GLASS Lucky Plaza Tel. *****20/1 Sco4ts Tel jLff ;J| Centrepoint Tel. *****98/603 Peninsula Plaza Tel. *****09/*****63 Palais Renaissance Tel. *****62/543 Raffles Tel *****41 MoaeskK THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre. Kuala Lumpur Tel. 03-*****20/932 Yow Chuan Plaza, Kuala
      56 words
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  • SPORTS
    • Article, Illustration
      Lock icon Knicks advance to showdown with Bulls; Sonics, Suns win
      671 19 NBA play-offs Reuter NEW YORK The New York Knicks won ugly, but they won. swatting the pesky Charlotte Hornets aside to advance to a long-awaited showdown with the Chicago Bulls in the Eastern Conference finals. Charles Oakley had 21 points and
      Reuter  -  671 words
    • Article, Illustration
      Lock icon For more and more Japanese, the grass is greener on the British green
      776 19 I Golf FT LONDON The car pulled up slowly at the crest of a hill and two men clambered out eagerly. In front of them was a patch of earth, smooth and flat a tee. clearly, but
      FT  -  776 words
    • SCORE CARD
      • Article
        Lock icon Baseball
        80 19 AFP WASHINGTON Tuesday's Major results American league: Baltimore 7 Cleveland 0 (7 1/2 innings, rain): Toronto at Boston. postponed, rain: New York 5 Minnesota 3; Detroit 5 Milwaukee 1: Chicago 7 California 4: Texas 3 Seattle 2: Kansas City 6 Oakland 1. National: Philadelphia 6 Horida 0: Pittsburgh 10
        AFP  -  80 words
      • Article, Illustration
        Lock icon Golf
        110 19 AFP LONDON World golf rankings issued Tuesday: I. Nick Faldo (GB) 23.44pts 2. Bernhard Langer (Gcr) 15.63 3. Fred Couples (US) 14.55 4. Nick Price (Zim) 13.94 5. Greg Norman (Aus) 13.91 6. Jose Maria Olazabal (Spn) 12.23 7. Lan Woosnam (Ciß) 11.65 8. Tom Kite (US) 11.38 9.
        AFP  -  110 words
      • Article, Illustration
        Lock icon Ice hockey
        21 19 Reuter NEW YORK NHL Wales Conference finals luesda>: Montreal 4 NY Islanders 3 (OT2) (Montreal leads best-of-seven series 2-0).
        Reuter  -  21 words
      • Article, Illustration
        Lock icon Soccer
        72 19 AFP RIYADH World Cup Asian Croup L second leg qualifiers Tuesday Malaysia 5 Macau 0. Saudi Arabia 2 Kuwait 0. (Saudi Arabia qualify for next round). Final standings (plated, won, drawn, lost. goals for, against, points): I. Saudi Arabia 6 4 2 0 20 1 10 2. Kuwait 6
        AFP  -  72 words
      • Article, Illustration
        Lock icon Tennis
        273 19 AP AFP AP DLSSKLDORF, Germany World learn Cup luesda>: Blue Group United States 3 Switzerland 0. Singles: Pete Sampras (US) b Marc Rosset (Swi) 2-6. 7-6 (9-7). 6-2: Michael Chang (US) b Jakob lilasck (Swi) 6-2. 6-3. Doubles: Patrick McEnroe/Richey Rencbcrg (US) b Rossct/Hlasck 6-4. 6-3. Spain 2 Russia
        AP; AFP  -  273 words
    • Article
      Replay will probably send you off to sleep again
      596 19  -  FA Cud Final By Shahiron Sahari SINGAPORE Don't bother going to bed before tomorrow morning's FA Cup Final replay the match will probably send you oIT to sleep again anyway. Going by the performances so far of Arsenal and Sheffield Wednesday
      596 words
    • SIDELINES
      • Article
        Lock icon Agassi pulls out of French Open
        107 19 AP PARIS I ho French Open, already weakened by the absence of Monica Seles, suffered another blow on Tuesday when two-time finalist Andre Agassi withdrew with a wrist injury. The 1992 Wimbledon champion pulled out of two recent tournaments the AI&T Challenge in Duluth.
        AP  -  107 words
      • Article, Illustration
        Lock icon Ten in a row
        41 19 Reuter TOKYO American Yokozuna Akebono (top) pushing out macgashira (senior wrestler) Kotonishiki to extend his winning streak to ten wins for no losses on the tenth day of the Summer Grand Sumo tournament here on Tuesday. Reuter
        Reuter  -  41 words
      • Article
        Lock icon Women judges for Bowe-Ferguson bout
        98 19 Reuter WASHINGTON For the first time in a heavyweight title fight, three women will judge Saturday's scheduled 12-round bout between champion Riddick Bowe and fellow-American Jesse Ferguson. Dave Goldman, a spokesman for Bowe's manager Rock Newman, said on Tuesday that Newman said the women were
        Reuter  -  98 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      347 19 SHOWCASES We take your golfing needs very when comes play better golf, we believe only an of golf clubs will do your You already seen the extensive range of quality clubs from Honma. We now showcase two new additions The LB-280 LB-300 Series. THE EXCITING NEW LB-280s and LB-300s The
      347 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      1094 20 Nothing BeatsA Bud. where to wine, dine and entertain OF GENUINE PENANG FARE Let our Penang chefs introduce you to an authentic Penang buffet spread for lunch and dinner. At Princess Terrace-a round the clock rendezvous for fine meals and light snacks at cafe prices! nm«r.sN <" MWAt l> MNOUaCMC
      1,094 words
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      Page 20 Advertisements Column 2
      375 20 Delectable Yong Tan Foo Buffet at "TJ!~ CkjHtfboi every Sitinday and Sunday. 12.30 pm to 5 pa $14.50 per person $8-50+ per child (below 10 yis) Mcz/dme SnptMH Continental 4c Local Afternoon r Tea spread at Mezzanine Lounge. Daily. 2 pm tof pm 914.00 per person Wo.oo++ per child (below
      375 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Success in the family
      894 21  -  Steve Pond on a man who won't go after success without his brothers Steve Pond NYT FOR YEARS, Aaron Neville had a single badge of suecess on the walls of his tiny house in New Orleans's Uptown district. Amid the religious paraphernalia and publicity photos on
      NYT  -  894 words
    • Article, Illustration
      Lock icon Field Day takes a sabbatical
      582 21  -  Theatre company has seen brighter days, writes Matt Wolf Matt Wolf AP FIELD DAY, the theatre company founded in Northern Ireland by Broadway and film luminaries Brian Friel and Stephen Rea. is taking a sabbatical but denies that the 13-year project is over. "Field Day
      AP  -  582 words
    • Article
      Lock icon CHATTER BOX
      134 21 AP AP LAWYER-AUTHOR John Grisham has made it official: He's not running for the US Senate. "I have three books to write under contract with my publisher. I have two children to raise, and a Little League team to coach," the best-selling author said on Monday in Oxford.
      AP  -  134 words
    • Article, Illustration
      In peak form
      39 21 MOUNTAINEER and former SAS soldier Harry Taylor rests at the peak of Mount Everest after his ascent without oxygen on May 10. Taylor returned home to Britain last Sunday suffering from frostbite to toes and nose.
      39 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      179 21 1% egetarian Treats V at China China w Restaurant set menu m for 10 from $268.00 amaguri ('Live' big clam) at Nishiki Restaurant served in 4 tantalising styles all at $12.00 (2 pieces) For reservations, please call our Restaurant Manager at 221 2811. Our restaurant* welcome the public to en/oy
      179 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1420 21 TV RADIO The House on Sycamore Street > <k.vM 10.30pm, SBC 5 1 7*s When a famous plastic surgeon I^l is found dead, the police dish 1ST miss the case as suicide. Eccen- Wt -1M trie physician Dr Sloan thinks V. 11, jg he knows better, and sets out to
      1,420 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      The silicon laboratory
      1040 22  -  Bernard Chew finds out how computers are replacing test-tubes in the chemistry research lab Bernard Chew STEP into a laboratory doing research in chemistry, biochemistry, plastics or materials science today, and what meets the eye would probably surprise you. Besides the customary test-tubes, beakers, chemicals, solutions and
      1,040 words
    • Article, Illustration
      Lock icon Artificial liver makes medical history
      238 22 AP IN WHAT a surgeon called a medical first, doctors used -an artificial liver made with pig cells to keep a patient alive after her own failing liver was removed. The "bioartificial liver" helped the 18-year-old Southern California woman survive without her own liver for
      AP; Reuter  -  238 words
    • IT TAKES
      • Article
        Lock icon Cream may prevent cancer
        52 22 AP ORLANDO. Florida Two studies released on Monday suggest that the prescription wrinkle cream Retin-A may have an entirely different use preventing cancer. Doctors found that the ointment appears to return precancerous conditions of the skin and cervix to normal, presumably eliminating the risk of developing
        AP  -  52 words
      • Article, Illustration
        S'pore approves AT&T videophone
        56 22 SINGAPORE AT&T's VideoPhone 2500. said to be the world's first video-telephone to offer full eolour and motion over regular telephone lines, has been approved for use in Singapore. The VideoPhone is a standard-size telephone with a 3.3-inch (8.38-cm) diagonal screen. The active matrix display gives vivid
        56 words
      • Article
        Lock icon Xerox reinvents the chalkboard
        69 22 AP PAULO ALTO. California Xerox Corp will introduce what it calls a reinvention of the chalkboard a l'/2-metre-wide computerised video screen that lets people in different places illustrate and share ideas and information. Liveßoard lets users write or draw directly on its surface with a wireless
        AP  -  69 words
      • Article
        Lock icon Light test for TB patients
        72 22 Reuter ATLANTA Scientists have developed a "glow-in-the-dark" test to show whether a tuberculosis patient is infected with a strain which can be treated with common anti-TB drugs or is suffering from a drug-resistant strain. Dr William Jacobs, of Howard Hughes Medical Institute in New York,
        Reuter  -  72 words
    • Article
      Lock icon Merging of TV, phone networks gains speed
      431 22 AP US West's agreement to invest US$2.5 billion (SS4 billion) in Time Warner's cable TV entertainment business is proof that the long-heralded convergence of computers, communications and media is gaining speed. But experts say it will still be several years before consumers' lives
      AP  -  431 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      79 22 Your chance to win EXCITING TRIPS AND OTHER FABULOUS PRIZES 1° PRIZE: To win, pick up an issue of Business Week beautiful Gold Coast, magazine from 17 May to 8 August 1993. Australia Entry forms are in the 17 May to 8 August 2KB PRIZE issues of Business Week magazine.
      79 words
    • Advertisement
      Page 22 Advertisements Column 2
      72 22 YOU'VE NEVER HAD IT SO GOODI Windsurfing, water-skiina, snorkelling, kayak, pedalo, tennis, tj< •y'i archery, glass bottomed boat ride, kids' mini club, shopping 11 p ;V.V. (Squash, golf casino, if available at your choice of hotel) jSi r~I"" Hurryl Only Valid for May, June A July. J«3 (Departure: Wednesday/Saturday) AIR
      72 words
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  • THE LAW PAGE
    • Article, Illustration
      Venturing beyond S'pore
      2000 23  -  As a business expands beyond its national boundaries, legal issues become more complicated. In this article, Low Kee Yang considers an area of law little heard of by businessmen private international law or conflict of laws Low Kee Yang The author is Senior Lecturer in Law at
      2,000 words
    • Article
      Lock icon Crippled by a briefcase
      821 23  -  Workers' compensation has taken on a new meaning in Kansas, writes David Margolick David Margolick NYT JAMES Benfer. Esq, who injured his shoulder while lifting and inspecting the underbelly of his leather office chair, will collect USS 107,913.75. Robert Anderson. Esq. received US$3O,OOO after throwing out
      NYT  -  821 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      164 23 11 AM JUNE 18 1993 aKSSKKis: 351 Collins St. Melbourne !S::sks«« **********23 m Sto(k n x( i, afhie i ollse i lomi o j llte *****2222— Australian Stock Exchange in Melbourne. mmmmmmmmmmm* ■2J /('lt'/, Modem, offlCC tOU'Cr. 255-255.#—5w l\xlium Floors (including a huge **********22 7> tJ( fM4 l: loor) and
      164 words
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  • Article
    Searching for a new peace formula
    512 24 EDITORIAL I T IS a significant step forward for the Association of South-east Asian Nations (Asean) to convene a special meeting with its "dialogue partners" with the express aim of discussing political and security developments in the AsiaPaeific. Senior Asean officials begin discussions today
    512 words
  • WHAT THE OTHERS SAY
    • Article
      Start with safe havens
      190 24 FRANCE has proposed "safe areas" for the beleaguered Muslims in Sarajevo and six other towns, along with 40.(X)0 troops to defend these places. The proposal includes the option of air strikes against the Serbs. If the West is unable to agree on stronger measures, this is
      190 words
    • Article
      Uncle Sam should stick around
      152 24 IT IS HEARTENING to all Asean members that the US is reaffirming its commitment to maintain stability in the Asia-Pacific region. Given the end of the Cold War and American's growing budget and trade deficits, there is a powerful lobby in Washington to reduce its
      152 words
    • Article
      Develop a balanced economy
      243 24 IN A REPORT by the Committee to Promote Enterprise Overseas, it was emphasised that "the development of overseas enterprises is to enhance and not to substitute the local economy." Singapore's private direct investments overseas contribute only 8 per cent to (iNP. which implies that there is
      243 words
    • Article
      A limited election — at least
      141 24 A limited election at least WITH less than a week before Cambodia's United Nations-sponsored elections, the Khmer Rouge is doing its utmost to disrupt and possibly force their cancellation. This has given it the excuse for its own show of military force in the city and heightened the atmosphere of
      141 words
    • Article
      Don't push too far
      166 24 THE US assistant secretary of state for East Asian and Pacific AfTairs, Winston Lord, is in Bangkok for two days of talks following on from the US-Asean weekend meeting in Bandar Seri Begawan, where he told Asean diplomats that Washington intended to lump concerns over democracy
      166 words
    • Article
      Building a home-owning democracy
      130 24 NOW THAT the Cabinet has decided to maintain the ceiling price for low-cost houses at M 525,000, it is hoped that housing developers in the private sector will settle down to seriously fulfilling their social obligation to the poor and to the targets set for them
      130 words
  • Article, Illustration
    Lock icon What Asean must do to head off an arms race
    676 24  -  Gerald Segal says a regional version of the United Nations Conventional Arms Register could do the whole of East Asia a lot of good Gerald Segal The writer is a senior fellow at The International Institute for Strategic Studies and
    File picture  -  676 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      245 24 TOLL-FREE TEL. No. X-800-737 0Q43 FAX:734 3698 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GWS TOURISM TRAVEL CONSULTANTS PTE LTD (INCORPORATED IN SINGAPORE) (IN MEMBERS' VOLUNTARY WINDING LP) Notice is hereby given, pursuant to Section 308 of the Companies
      245 words
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      Page 24 Advertisements Column 2
      273 24 THE COMPANIES ACT. CAP. 90 GOLDEN UMTED ENTERPRISE PTE. LTD. (IN MEMBERS' VOLUNTARY UQUOATKM) At an Extraordinary General Meeting of GOLDEN UNITED ENTEhhPISE PTE. LTD. duly convened and held at 76C Wikia Road Singapora 0922 on Thumday. tha lah (X May 1993. the following apacial raaolutiona sat out below wara
      273 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      91 24 (i mN-T VMC IPfTI l^^.^'rSpSS OUT. J uvce sou fo Run SOUR. Buy ING DePRRTmeKT r jeSES QVEK THIS STDfcVCF i V C ASSOCIATCO imwtwiu LTD IWIHI DOONESBURY GARRY TRUDEAU SOUHEREV 1 BUILTrr. THE HR&UHEREUEHAVE SERVICES~\ SO HAVE NO.NO, I'M STILL PRFTTYGREAT YCUGETIHE CHIMNEY MS YOUR OLOPVING ROOM. THE YOU
      91 words
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  • ANALYSIS
    • Article
      Lock icon The Danes grant a reprieve from the siege mentality
      942 25  -  Tom Buerkle discusses the implications of Denmark's acceptance of the Maastricht Treaty for the European Community Tom Buerkle IHT DENMARK'S vote to accept the Maastricht Treaty will not immediately resolve the deep internal divisions over the future of the European Community,
      IHT  -  942 words
    • Article, Illustration
      Striding forth intrepidly, like Sinbad the sailor
      1369 25  -  From Muscat, Philip Bowring reports on measures that conservative Oman is taking to ensure long-term economic and physical security in the modern world Philip Bowring /he w riter, a former editor oj bar Eastern Economic Review, contributed this article to HI OMAN, home
      1,369 words
    • Article, Illustration
      Lock icon Staying up there is tougher than getting up there
      1197 25  -  After catching up with the West, the Japanese economy is now undergoing wrenching structural change. But this will be good for Japan in the long run, reports Steven Brull Steven Brull IHT YOU JI Nagase. an assistant purser for Japan Air
      IHT  -  1,197 words
  • Page 25 Advertisements
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  • Article
    Lock icon US may tie trade benefits to China's abortion policy
    487 26 Reuter WASHINGTON Secretary of State Warren Christopher has said he is appalled by China's reportedly coercive family planning practices and would seriously consider tying favourable trade benefits to ending those practices. Testifying before the House of Representatives Foreign Affairs Committee on
    Reuter  -  487 words
  • Article, Illustration
    Lock icon Danes vote ' yes' to Maastricht
    527 26 Danes vote yes' to Maastricht Celebration marred by violent riot, 11 demonstrators shot Reuter COPENHAGEN Denmark yesterday shrugged ofT its most violent peace-time riot and celebrated a 'yes' vote for the Maastricht Treaty with cuts to interest rates and taxes. In a poll anxiously watchcd by Denmark's European Community partners,
    Reuter  -  527 words
  • Article
    Lock icon Leaked document shows France spied on British defence, says newspaper
    341 26 Reuter LONDON French spies had investigated some of Britain's top defence and high-tcch coinpanics. according to a document leaked from the French intelligence scrviecs. a British newspaper reported yesterday. "The dossier reveals that Paris instructed its spies to investigate British
    Reuter  -  341 words
  • Article
    Lock icon China headed for world economic supremacy by 2010: UK think-tank
    343 26 AP LONDON Amid East Asia's generally sluggish economics. China bolted ahead like a rockct during the past year and could be the world's largest economy by 2010. A London think-tank yesterday prcdictcd in its annual strategic survey that among the
    AP  -  343 words
  • Article
    Lock icon Top US official seeks formal trade links between Afta and Nafta
    191 26 AP SINGAPORE The top US official in charge of Asian affairs has requested formal trade links between the North American Free Trade Association (Nafta) and the Association of South-east Asian Nations Free Trade Area (Afta). a Malaysian official said
    AP  -  191 words
  • Article, Illustration
    Is US industrial policy going 'people and places'?
    928 26  -  The Bottom Line KENNETH JAMES KENNETH JAMES The writer is BT's Technology Editor This commentary first appeared in Singapore Business FOUR months into the world's biggest job, US President Bill Clinton remains the ultimate tightrope walker. His frequent pronouncements elicit "oohs" and
    928 words
  • Article
    US to help rebuild Cambodia only when legitimate govt is in place
    302 26  -  By Loh Hui Yin SINGAPORE The United States will offer economic aid to rebuild war-torn Cambodia only when a legitimate government is in place there after the May 23-28 general elections. "A lot depends on what kind of
    302 words
  • Article
    Lock icon Japan considers joint naval exercises with SE-A
    246 26 AFP TOKYO Japan's navy, the Maritime Sclf-Dcfcncc Force, is considering joint exercises with several South-east Asian countries. Chief of StafT Fumio Okabc said yesterday. According to Japanese newspaper reports yesterday. Admiral Okabc said lie had received requests for joint naval manocuvcrs from Singapore.
    AFP  -  246 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      206 26 ■i") Chinese Restaurant jr fw TOP People JL 60 SPOUV UOO PLAZA 1, NaaOlWlleePlac* HOW TO f STAY TRIM IN BUSINESS BY CUTTING CORNERS These days, to slay successful in business, one has to he highly competitive.Thai means having the right image, up- to- dale office equipment and full time
      206 words
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      Page 26 Advertisements Column 2
      17 26 Top Rsupedlvt lVi» Viewing and Dining Reservation 538-3232 Stronger Khmer Rouge a threat to elections, Pg 3
      17 words
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  • Shipping Times
    • Article, Illustration
      China trade helps lift dry bulk market, says Frank Tsao
      507 27  -  By Juliette Walker SINGAPORE Growing trade with China has boosted prospects for the dry bulk market this year, says billionaire Hongkong shipowner Frank Tsao. The chairman of IMC Holdings told Business Times this week: "The opening up of China has
      507 words
    • Article
      ISF to focus on manpower problems this year
      272 27 SINGAPORE Solving the maritime industry's acute manpower problems will require increased recruiting, improved training and stronger enforcement of professional standards, says the International Shipping Federation. The organisation, which represents more than half of the world's merchant tonnage, has zeroed in on "Manpower:
      272 words
    • Article, Illustration
      Lock icon Russian submarine undergoing trials
      46 27 AFP S ER VERODV IN SK; Russia A new atomic-powered submarine Hying the Russian naval Hag undergoing final on Monday at the Atomic Centre of Ship Construction here before taking to the sea. Ship and submarine production continues in this city. AFP
      AFP  -  46 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      849 27 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,
      849 words
    • Article
      S'porean to head Fiata's regional secretariat
      219 27 SINGAPORE The International Federation of Freight Forwarders Association (Fiata) has appointed Singaporean Donald Wyatt manager of its regional secretariat for Asia. The Zurich-based association, which represents 76 national freight forwarders' associations in 70 countries, is headed by Singaporean Tan Kay Hock. Fiata moved its
      219 words
    • Article
      Lock icon UK tightens rules on tanker traffic in northern islands
      329 27 AP LONDON Oil tankers must avoid certain areas of the sea that are rich in fish and bird life around the northern islands of Britain under rules issued on Tuesday by the Transport Department. The new routing regulations for laden tankers
      AP  -  329 words
    • Article
      Lock icon Greenpeace calls for ban on nuclear shipments through Panama Canal
      251 27 Reuter PANAMA CITY The environmental group Greenpeace on Tuesday called for a ban on the passage of nuclear materials through the Panama Canal. "We absolutely would like to see a termination of shipments of these dangerous materials," Greenpeace specialist on
      Reuter  -  251 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        608 28 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departw* Jurong Port Kris Meiub 0/E P03 alongside 19 05 1500 An Giang 02 1 93 JJ alongside 20 05 1200 Mmm 34 WB P09A alongside 2205/0600 Asian Hupe AH 004 J8 alongside 20 05 2359
        608 words
      • Article
        CONTAINER SCHEDULES
        2154 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Ac.Oais, 396 22,0300 1 19 1500 19 1659 19 1900 2 19/1700 20,0659 20 0900 3 20 0700 20,1159 20 1400
        2,154 words
    • Article
      THE SHIPPING GUIDE
      10848 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND P.N: ship calls at Pcnang after
      10,848 words
    • Article
      SHIPPING AGENTS
      3082 41 A X JLIK onuinerline NY: Bclsin Shpg Agcncics Pic Lid (SVMarine Handling Sdn Bhd (Pk/PN). Accord Croup: Accord Shpg Pic Lid (SyAccord Conlr Line (Pk/PN) \dkris Business Corporation Philippine Calsourcc Shpg Trdg Pic Lid (S) Akrenkiel Liner Service: kim Shpg I rdg <S) VJbmros Sea-Air Service: Frala Shpg
      3,082 words
    • Article
      CONFERENCES & CONSORTIA
      304 41 CONFERENCES CONSORTIA Asia-North America Easttbound Rate Agreement (Far East/North America, excludes Japan): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line. Trans-Pacific Westbound Rate Agreement (North America/Far East): American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon
      304 words
    • Article
      COURIER SERVICES
      272 41 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express l n»»el Tel: 533-5771. Fax. 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fxx: 742-8975. CitvUnk International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Seniors
      272 words
    • Article
      AIR FORWARDERS
      1518 41 Abex E.xpress Freight Tel: 542-7171. Fax: *****84. Aclinic For* aider Tel: 225-183 V Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air argo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666 Fax: *****74.
      1,518 words
    • Article
      PORT CONDITIONS
      1911 42 ALBANIA Duress: Five vessels in port of which 1 discharging oil, flour, beans. 1 discharging wheat, 1 discharging coal, 2 discharging general cargo. ARGENTINA Buenos Aires: Port fully occupied, however no vessels waiting in roads, new arrivals should have little or no berthing delays. San Lorenzo: Port busy,
      1,911 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1157 42 SHIP SALES TANKER RATES The information was contribut ed by Simpson Spence Young AFP ACTIVITY in all sectors continues with buyers increasingly focusing their efforts on younger tonnage which is understandable bearing in mind the age profile of the fleet and the problems associated with opearting older tonnage. With this
      The information was contribut ed by Simpson Spence & Young; AFP  -  1,157 words
    • Article
      AIR FREIGHT SCHEDULE
      557 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0150 1 SEL KAL KE697 B747F 0440 1 BKK S1A SQ827 B747F 1730 2 CPH/DXB SIA SQ/ B747F 0715 2 DXB/LON CLX CV794 B747F 1845 1 LUX/DXB BA822
      557 words
    • Article
      CRUISE & FERRY SCHEDULES
      257 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Dep Name of Vessel ETA LTD Ports of Calls Port Agent Telephone Ne HAY 18 20 Europa 0800 1900 Sin-Pulau Senbu Hapag Lioyd (S) 223-0448 21 21 Coral Princess 1700 2030 Cruise to Nowhere Senjon Agencies 227-8284 23 23 Continental World 1000 1900 Sin-Phuket-Pen-Sin
      257 words
    • Article
      DAILY FREIGHTS
      838 43 FURTHER gains on the key US Gulf/Japan heavy grain route helped boost the Baltic Freight Index to 1,603, up six points on May 18, dry cargo brokers said. US Gulf/Japan heavy grain was fixed at U5527.75 and talk circulated US$2B had been done. The BFI sub-index for the
      838 words
    • Article
      TRANSPORT DIARY
      162 43 COURSES Title: Operational Oil Spill Control Duration: May 21 Organiser Singapore Port Institute Tel: For further details and application forms contact SPI at tel: 321-1825 (Mangagement courses) 321-1707 (Operations Courses) 321-1107 (Marine Course) or fax: 321-1416. Title: Chinese Maritime/Commercial Law Duration: May 26 Organiser Singapore National Shipping Association
      162 words
    • Article
      COCKETT BUNKER MARKET REPORT
      794 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      794 words
    • Article, Illustration
      Lock icon Reform of Aussie port authorities an uphill task
      976 44 Federal government launches inquiries into their services and activities amid complaints of high costs by port users Lloyd's List AFTER three years battling to cut waterfront costs. Federal Transport Minister Bob Collins was enraged by a newspaper picture of a state government
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        Lock icon BA plans more capacity, further cost cutting
        540 46 Pre-tax profits slump to 185 m Reuter LONDON British Airways pic aims to increase capacity by 13 per cent this year but said it will also slash annual costs by more than £150 million (*****.5 million), despite already completing a major two-year cost
        Reuter  -  540 words
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        MD-90 programme to break even after selling 100 jets
        226 46 NEW YORK The McDonnell Douglas MD-90 programme will reach the break-even point when Douglas Aircraft Co sells 100 of the new narrow-body jets, according to Preston A Henne, programme manager, in a Aviation Week Space Technology report. There currently are 77
        226 words
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        Lock icon Bright prospects for new airlines being niche players
        462 46 NYT NEW YORK In the life cycle of airlines, the season is changing from winter to spring. After a decade that saw far more airline deaths than births, 15 new airlines, including Kiwi International and Reno Air, have begun flying. Conditions are
        NYT  -  462 words
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        Lufthansa's Ist quarter losses lower, higher capacity sold
        357 46 SINGAPORE Deutsche Lufthansa's losses in the first quarter of 1993 totalled 245 million deutschemarks (*****.7 million) down by 141 million marks from the deficit in the same period last year. Of this improvement, however, 90 million marks are attributable to the new
        357 words
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        EVA reaches inter-line accords with two more carriers
        267 46 SINGAPORE Taiwan's biggest private airline, EVA Air, has signed inter-line and marketing agreements with two more carriers operating from the UK. An EVA statement said the agreements, with Air UK and City Flyer Express, would enable EVA passengers to buy tickets and
        267 words
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        Lock icon Aerobatics delight
        44 46 Reuter ANDREWS AIR FORCE BASE, .Maryland Four biplane aircraft passing each other at the top of a loop during an aerobatic flight demonstration at the annual open house and air show sponsored by the US Department of Defence here last Saturday. Reuter
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          Lock icon Air China buys four Boeings
          84 46 Reuter HONGKONG Air China is spending US$l2O million (SS 193.9 million) on four Boeing 737-300 aircraft intended to ply routes from China's Inner Mongolia region to Hongkong. Shanghai. Canton and other destinations, the China News Service said. Two of the aircraft were delivered to the
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          Lock icon APL expands door-to-door service
          50 46 Reuter OAKLAND. California APL Stacktrain Services said it will expand its guaranteed door-to-door intermodal container service to include the Midwest-to-Northem California market. The service operates Mondays to Fridays for freight originating in Chicago or other manufacturing centres in Illinois. Indiana. Kentucky. Michigan. Ohio or Wisconsin. Reuter
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          Lock icon Spanish ports hit by 24-hour strike
          62 46 Knight-Ridder LONDON Most of Spain's ports were hit by a 24-hour strike on Tuesday, according to Lloyd's Intelligence. The strike was against the government's attempts to privatise the ports. About 14.500 of the country 's 15.000 port workers stayed at home after unions called
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          Lock icon Major US airlines raise fares
          61 46 AFP ATLANTA Major US airlines announced on Tuesday they had decided on a USSIO to US$2O fare hike on excursion trips that require a Saturday night stay. Delta Air Lines, which did not publicise its decision, quietly initiated the fare increases over the weekend and
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1747 46 City nm ETA n*t ETD «y n* ETA n»t ETD QF8I 1940 QF 82 2055 SQ228 2120 Haaghaag GA951 1345 CX714 0840 SQ319 KL637 GA975 0715 1445 1455 KL838 SQ324 2310 2345 CI665 SQ865 CX7I3 SQ859 QF78 1420 1425 1500 1725 1820 SQ860 CX710 SQ862 GA950
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      2 27 ISBSI Lubricant
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      25 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      59 27 the FAMOUS WSk/'SUKML ■SEHDEEI 224 1*33 For more information please refer to Pg. 13 Reform of Aussie port authorities an uphill task, Page 18 BA plans more capacity and cost cutting, Back Page Us sPslf v... -X —i• 5.-- **•<?' u 252 2• LOOKING DEEPER A probe into current market
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      478 28 TSKUNE AGENCIES (S) PTE. LTD. /mmA I 1 W TmTTI Tel: 226-3363 i I lIMr Fax: 226-1972/3 r»|nr7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I EXPORTS TO HOH6KON6. MANILA. TAIWAN t JAPAH "lUBCE WEEKLY" I www w wt m KT j m\ m m wo
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      1510 28 L*prf way grey,., 1 p ■uiiiyMi CALIFORNIA junic* 64 ***** 136 IS 6 186 176 17i 186 I 1(6 196 206 W* MAfiU I*2B 520 245 76 116 1«6 156 176 186 196 206 146 176 1 NEPTUNE AM6LR I3E 236 206 226 24 6 24 6 24 6 256
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      1633 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD. TEL: *****13 FAX: *****42 PETALING JAVA TEL 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****64 FAX: *****09 PENANG TEL *****4 FAX: *****1 CFS TEL: *****6 jIT BOOKINGS TEL: *****80 *****81/ *****82 'POH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL:
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      587 29 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 fmuAsc/l AM SHIPPING CO. (SAG) jU T To US Ext Coml «hot I a I m I n I I mi I WMR 2/4 1/7 4/7 i/7 1/7 MM SKA M 444* I t 14/1 14H 17/S l»/4 ft OWI MUM 22/4
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      2019 29 uawsmsm COLOMBO, SRI LANKA ACCEPTING BOTH FCL/LCL NEXT AVAILABLE VSL: MAERSK DUBAI V.9304 ETA SIN 24TH MAY 1993 vo* ETA I ETO f«Oe> by SeaLm^ A A n DESTINATIONS CFS 25/05 0300 MRS JOH LPK P€N OAK LGB HCXJ MEM ATL MIA CHS BAL PHL NYC TOfl 9306 |2V5 2<sT
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      1613 30 AOABA R OAM/1 [i ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA FRANKFURT EXPRESS 67/119 20/5 5/6 8/6 6/6 Pet Kelang. Penanq KITANO 19/319 22/5 31/5 5/6 9/6 12/6 12/6 16/6 Pasw Gudang MONTE ROSA 24/120 26/5 13/6 16/6
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      612 30 JEEEI^M FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alms Ata North Korea Vietnam Mongolia Hungary CSFR Poland ocwans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE TUCANA 23/05
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      1376 30 I pawMtii MMm REGULAR INDEPENDENT FULL CONTAINER SERVICE vsL/vov 3 21/05 11/06 16/06 17/06 K/06 16/06 IS/06 17/06 19/06 20/06 I 25/05 16/06 23/06 2 6 21 6 2 3/°6 24/06 25/06 26/06 27/06 I Si'2 6 23/06 30/06 01/07 26/06 27/06 29/06 28/06 30/06 01/07 I 9321-3 06/06 30/06
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      2035 31 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****83 Fax: *****17 NIW QWNIA PACWC UHj~ jgPEP (A service of china navigation CO) ACCEPTS VygV CARGO DUE SAILS STRAITS VENTURE ¥11E Muw*. Lab 20 Ma» 21 May FC I, LCI CONTAINER ANO BREAK SULK
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      2512 31 SINGAPORE AGENT: MXtCI I AfltQ ItlAf*C P&O Containers (Singapore Agencies) Pte Ltd X ViUlildlllvl O 10 Ho Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z BXPOBT VIIKL VOV >MQ -Kt SIM ALO MM AMT HOT HAM M
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      746 32 PHKB I i TO EUR6K 1» x&m. V f lXPftfffeS&B-C&ffMgJBHrSimvtcg j «t* not sf« wammm! win wool wrunT" lan mim 37wb 1-4/7 2t/i 1/1 s/» 10» TO W- FUU^CCffIVgNgR EAST COAST POUTS «i vot rm stow sro meib beb fie mi MWO AUSIRAIIA 44S 21/5 20/5 S/t 8/6 2/6 MOO
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      986 32 HANJIN SHIPPING NORWAY FINLAND SWEDEN PORTUGAL SPAIN IRISH REPUBLIC ALL EUROPEAN INLANDS EVERY MONDAY PLEASE CONTACT FOLLOWINGS FOR ENQUIRIES BOOKINGS. JOE LIM DID *****22 PGR *****50 CHIU HAI BENG DID *****27 PGR *****49 LOYSIUS LIM DID *****32 PGR *****06 AHSIYAH DID *****36 NEVINE CHUAH DID *****33 ALAN TAY DID *****21
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      1518 32 Im ik we uc w hi oa nr sb tro uu cms am me uw mm mm nr hk psd cmb pki sgp I GOUXN M 03» 23/5 2t/5 27/5 2J/S 31/5 l/t 3/t 4/( 5/t 7/t H i M/t 2/7 3/7 11/7 M/ 7 15/7 lt/7 17/7 27/7 i/l
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      1374 33 11 II 'NEPTUNE AMAZONITE 02W ETA SGP 22/05/93 II ■1 II ETA RDM 07/06/93, FLX 08/06,93, BRE 10/06/93, LEH 12/06/93 11 tkmrnmimsTßXPitessptmxfWM?S-W^:: i s '&B-8ui<uu>oiieeAUFonmAexpitess(scx)t I TO PNW US4\ POINTS |TO CAIIFOBMA-US GULF HOMtO POWT3-ATLAHTK VtAHLB J U FEEDER VSL VOY S(iH MOTHER VSL VOY SET PLD MIN/ VESSEL VOV
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      440 33 HEUNG-A SHIPPING I Korean Flag Vessels FULLY CONTMNEMSED SERVICE TO: HONGKONG, BUSAN, MCHON, MOD STRAITS/KOREA SERVICE Htt SM a* «G BSD MC MOI E. OUXMXMfF 321N 20 05 21/05 26/05 30 05 31/05 01/06 •NO 6 OONAM 305N 26/05 29/05 06 06 U/M 13 06 CHOYANG IMS N8322 26 05
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      194 33 ICENTENARY SHIPPING SERVICE I TWICE WEEKLY FULL CONTAMOHNKCTSCRVICCI SINGAPORE/NO CHI MINH CITY PravMhig ConlaiiMr Truddoc to VimgtMi, from Ho CM Mtoli CHy VESSEL S NAME VOY. N6R ETA/P S POHt ETA/P WCM CITY HAU GIANG L ***** 21-22 MAY 2S 2C MAY 93 TANAH AIR 90N/S 25-25 MAY 28 28
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      1132 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DtSCHARONC WESTBOUW-LOOOWG TRAICHPPED VIA ROTTERDAM]
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      1694 34 K» TT 9f AS AGENTS KAWASAKI SINGAPORE (TO) LTD (CR No: **********0 M) mm mmm w TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I W B ftj MALAYSIA "K" LINE MARITIME (MALATSIA) SON BHO U W*A TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I INDONESIA: P.T.
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      647 34 PHILI-ORIfNT LIN€S PTE LTD r 108 Robinson Road #07-00 GMG Building Singapore 0106 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 28 MAY SYDNEY. MELBOURNE. BRISBANE. FREMANTLE X AUCKLAND. WELLINGTON. LYTTLETON, NEW PLYMOUTH. NAPIER. CHRISTCHURCH 30 MAY SUVA.
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      433 34 golden lineA %cq 2v GUAN guan swung TSSSA pT f) ltd a. TcM «jnr Street SWANK 0104 m 5J439M (10 LIES) Fm: *****04 (CI **********08) iTKAIW/PIMUM CULT WITICT S pore P Ketang Penang run ana m« n my GOIOEN KM Haucl* Dub* 4/ 6 Mi CHIHA IMTICT GOLDEN MOWED China
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      919 35 (PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I £*****5140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I m B flf Mtm CR NO '**********E I VESSEL VOY SIN HKG SIN CMB JIB NOD JED AOJ KOTA BINTANG KBT2ON 30/5 5/6 22/6 19/6 KOTA WUAYA WJAO2S 2/« 6/6 11/6 17/6 20/6
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      1260 35 AUSTRALIA SOUTH ASIA SERVICE EXPORT: TO AUSTRALIA IMPORT: FROM AUSTRALIA wssa mm tot aw srp mub *tssii turn tot stp mil law ini ftw *ki »sw> OIAMMA 143 2»/05 11/ M 14 06 OIAMMA 540 01 05 04/06 11/05 20/05 22/05 22/05 23/05 HJ CMEJU 144 06 06 20/06 23
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      311 35 I BSfl nT mm MYANMA pMHk FIVE STAR UWE (Myanmar National Line) Loadins for Yan|on (Rangoon) Spore P.KIf Pen P.Gdg AVA VI22W 21/23 (toy HARM* V472N 26/21 May PAGAN mm 2>/30 hu r MM.AYSU AGENTS BOUSTEAO SHTPMG ftGENCES «A TEL 03-*****00 fKL TO. 01-1(1(7(7 PE* lU 04 (1(115 WD IE
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      55 37 1/C VISA FREIGHT SERVICES PTE LTD MmJ Established Since 1984 OCEANIA PORTS REGULAR GROUP AGE LCL consolidation AUCKLAND SYDNEY import export mmm FREMANTLE SERVICES yy FOR BOOKING St SAILING SCHEDULE. CALL THE TOTAL TRANSPORTATION PEOPLE. VISA FREIGHT SERVICES PTE LTD VISA LCL CONSOL PTE LTD TOLL-FREE TEL: 1800 *****66 TOLL-FREE
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      2652 38 Full Container Liner Services General Agents: Booking Agents: Gum Gum Shipping Sin BM Chung ChiM Shipping Sin Bhd P.T. Global Putra Indonesia Maritime Costsr Shipping Ptc Ltd Shipping Freight Booking Centre 54k BM 58 Per swan Ra/a MuOa Musa Lot 3.34, 3rd Floor. jl IR H Juanda 111/14 2 Mistri
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      683 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 24/05 ROTTERDAM 24/05 AARHUS/COPENHAGEN 24/05 HAMBURG/BREMEN 24/05 MARSEILLE/FRANCE 27/05 FELIXSTOWE/UK 24/05 BARCELONA/SPAIN 24/05 LEHAVRE/FRANCE 22/05 GENOA/ITALY 22/05 ANTWERP/BELGIUM 23/05 LOS ANGELES/WC/IPI 23/05 SYDNEY/MELBOURNE 25/05 NEW YORK/EC 23/05 FREMANTLE/ADELADE 25/05 VANCOUVER 26/05 BRISBANE 30/05
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      735 39 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) ]W\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL a VESSEL IVOY ETA LOAWNG FOB SPORE ABYOT 3?WB 08 06 OAHESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANCNNET 31W6 21/07
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      660 39 JAKARTA BANGKOK «pn w» m kt rem w» swaiwi bammim RAM BMM 78S 21/5 25/5 MRU BHUM 75N Thu 20/5 Won 24/5 IMA BHUM 03S 22/5 26/5 WAWTA BHUM 142N Sit 22/5 Wed 26/5 THMM BHUM 31S Wi iiTi CtMIT> BKJM 36N Stm 23/5 Tlx 27/5 GUM BHUM iiii S7i
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      315 39 &aaga» IHB-Uni BAY OF BENGAL SERVICES KHU WT W MM sa m» ARROW 07* M rati 27-20/05 03-M/M ran no n* 22-23/05 r-20/05 02-03/00 T«« CKEK 320* 24-20/ OS 3142/00 00-09/06 Tfil SIM UN 27-28/05 03-M/0C 10-11/06 cm BORAHS! A m 142/06 0040/00 15-16/00 WSSI VOT 9M CM. SM TIGER
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      1601 40 Puijl MN CO NTAIN E R LINES Agents: MAC-NELS SPORE: *****22 (24 LINES) J\y VUc/R No: **********0E PENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 5 P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 J HKG/TWN/BKK I GOTH/UKC/MED PORTS PEN PKL SIN EVERY TK/THUR/SAT PEN PK SIN 20/5
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      239 40 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SM AKI LYT SM N Z STAR 7S 26/5 6/6 t/6 25/6 PREMER 24S 8/6 21/6 23/6 8/7 AUST STAR S7S 17/6 29/6 1/7 17/7 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH.
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      972 40 THONG SOON UNES PTE. LTD.] 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVEWTIONAL/CONTAIHER BOOKING LINE: *****55 SINGAPORE TO SARAWAK W S'PfRE PEST VESSEL VOY SPORE PEST EQUATOR GRACE 87/3E 22 MAY KUCHING EQUATOR
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      51 43 —-i f "fte Executive Housekeeper-(his O I wants is me. Bub 111 never najlest I Any job. Any career. Available any day. Any Time. Anywhere. The Straits Times The Sunday Times business Times The New Paper Lianhe Zaobao lianhe wanbao Shin Min Daily News Berita Harian Berita Minggu Singapore Press
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      20 43 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINUAPOKE Business Times WE KNOW ASIA
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      737 43 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.5 2.0 1.4 1.0 0.7 0.6 0.6 0.9 1.4 1.9 2.2 2.4 2.3 2.0 1.5 1.2 09 0.8 1.0 1.3
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      404 44 WORTH PHILIPPINES FULL CONTAINER SERV CE VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACWC 18N8 21/05/93 28/05/93 nriSv"!® unniv WGOI* PACfIC mm 24/Q5/93 28/05/93 VIGOUR SHWME 54M8 28/05/93 04/06/93 VIGOUR SIGAPORE 54ANB 31/05/93 04/06/93 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SHGAPORE PORT KLANG PENANG MARIA MAS 9375N8 20/05/93 22/05/93 ARKTIS GRACE
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      371 44 FREIGHT MANAGEMENT GENERAL: *****11 BOOKING: *****55 1 FAR EASTI Taiwan Kaohsiung, Keelung Korea Busan Hong Kong Hong Kong also accepting to all China points via Hong Kong J BHBfc EES FREIGHT SERVICES PTE LTD #01-60 Wallich Building, Singapore 0207 -4 >I>l Tel: *****66 (10 Unes) Fax: *****69/*****44 AIRPORT OFFICE: *****11
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      383 44 WOOD LINE SNIKM WMU SERVICE SPORE n DM CT YESSEL ***** 15/0 2/7 10/7 20/7 *AISO CALLS EX. AND Tl. PK BCAFIX SIWFPMG BPW"bHD TEL 307 5525 TLX. ***** K.K.: CAPRICORN FREIGHT SERVICES TEL 213 282 TLX. 012— sf&L SECIL MARITIMA, U.E.E. Luanda, Angola. FAR EAST/ ANGOLA SERVICE SPORE LOAOMG
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      906 45 A HYUNDAI MERCHANT IWARINE CO. LTD. WESTBOUND TO EUROPE VESSELS VOY PNA I PKE PGP I VESSELS VOY SIN RTM ANT* LEH' HAM BREt PEL HMM ADVANCE ISA 18/05 19/05 20/05 OOCL CHARISMA 305W 23/05 11/06 11/06 12/06 13/06 13/06 15/06 WM ADVANCE 19A 25/05 26/05 27/05 H. PIONEER 303W
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      519 45 S STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS vissu w sr n kn m Rinu OHOtUt II 23/S 25 S OaMKi KIM 134 24 S Ml 17/$- CNUrtM TUMI J] It/S 2 I SMI lACOVI IS M S II F« MST IxrtlSS 1 4 I II
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      1170 45 OUR USA fnam H» Hi W N» LAI OM MOU DM M MOA KM NTC SERVICE CALLS WWAMMI »«2* tt~»T HIMIOA TW» IHIU KUV, 13 NUN "iriT mln m/n "iilt" "Hit 7Tn SINGAPORE ■MM MAN lUM MUMiecauMMß I» IMtt BIX «N ?i N 21,N ?3 NIIN»N MM n N DIRECT
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      87 46 A\DYiJlH3]j\l<3 i Tl Tomorrow in Business Times |1 Please be advised thai with effect from 17lhMay 1003 as a rMult of rationalisation. ELMA's activities in tw Far East, including S.E. Alia, will ba under the direction oft Capt Carlos A Grandl Ganaral Daiaaatlon Empraaa Unaaa Marltlmaa Argentines 3 A sth
      87 words
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      Page 46 Advertisements Column 2
      41 46 ADV3S7]-3]N|^ 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.
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