The Business Times, 31 March 1994

Microfilm: NL19090
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA(P) 010/12/93 Thursday March 31 1994 \VL KSOW ASIA 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Tata in car venture with Daimler-Benz
      57 1 Bloomberg Business News BOMBAY India's Tata Group, the country's largest industrial company, will sign a memorandum of understanding with Daimler-Benz AG next month to produce Mer-cedes-Benz cars in India. Chairman Ratan Tata yesterday said the companies planned to produce 20,000 cars a year in
      Bloomberg Business News  -  57 words
    • Article
      Lock icon US factory orders down one per cent
      53 1 AP WASHINGTON Orders to US factories fell one per cent in February, ending a string of six straight monthly increases. The Commerce Department yesterday said the dip in the indicator of manufacturing growth was led by a turnaround in orders for military equipment
      AP  -  53 words
  • Article
    MARKET SUMMARY
    165 1 Stock market indices Wednesday Change STII 2,128.39 +34.67 KLSE Comp 966.77 +4.99 Nikkei 19,559.91 -149.83 Hang Seng 9,232.21 -247.93 SET Index 1,247.33 -6.28 Jakarta Comp 492.373 +5.15 CLSA China B ....1,030.27 +0.05 Aust All Ord 2,092.4 -8.4 FTSE 100 3,092.4 -31.0 Wednesday Previous lpm close Dow Jones 3.681.17
    165 words
  • Article
    Higher taxi, bus and MRT fares from June 1
    581 1  -  By Ramesh Divyanathan SINGAPORE Users of taxis, buses and MRT will have to pay higher fares from June 1, the body regulating public transport fares announced yesterday. The Public Transport Council (PTC) said it approved the increases following applications by operators
    581 words
  • Article
    Bedok, River Valley to get 200 ha more of housing land
    594 1  -  By Lilian Ang SINGAPORE The government is setting aside more than 200 ha of land in Bedok and River Valley for at least 19,000 new flats, condominiums and landed dwellings. About 192 ha are in Bedok near waterfront locations.
    594 words
  • Article
    Lock icon Dow recoups some loss after 50-point fall triggers uptick curb
    265 1 Bloomberg Business News. NEW YORK US stocks fell yesterday for a fifth straight session as concern about rising interest rates persisted. The Dow Jones Industrial Average was down as much as 50 points at 3,649.2 in early trading, causing the
    Bloomberg Business News.  -  265 words
  • Article
    PM Goh explains rationale for visit to Myanmar
    537 1  -  From Amy Balan in YANGON DISPELLING suggestions that economic imperatives outweighed political considerations in Singapore's relations with Myanmar. Prime Minister Goh Cliok Tong yesterday said both were of interest to the republic. The Prime Minister was responding to questions at an international
    537 words
  • Article, Illustration
    S'pore bourse climbs despite weak US market overnight
    346 1  -  By R Sivanithy SINGAPORE The Singapore stock market yesterday surprised observers by closing higher, as did a handful of regional markets, despite severe overnight weakness in New York that dragged the Hongkong market lower. An early 20-point loss in the Straits Times
    346 words
  • Article
    Lock icon Ringgit will stabilise soon: Daim
    147 1 Bernama JOHOR BARU The economic adviser to the Malaysian government. Daim Zainuddin. yesterday expressed confidence that the ringgit's exchange rate will stabilise soon. Describing the currency's recent slide as temporary, he said the ringgit rose on Tuesday and again yesterday. Here to accompany Indone- sian
    Bernama  -  147 words
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      94 1 r'Burberrysl J RFr.L KJ Reigns when it pours CONTENTS S'pore News 2 S'pore-Wsia 19.20.21 Regional News 3.4.6 Financial 22.24 Work) News 7.9 Features MwVcts Analysis 17 Clob/KLSE. SES 28 30 Editorial 16 Regional 25 Sports 10 World 27 TV, Lifestyle 15 Currencies 24 Innovation 12 Simex Commo 24.25 Subscription Tei
      94 words
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      7 1 Law: pk 13 Are lawyers really useful?
      7 words
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      37 1 Hock Lock Siew: Pa 19 Good buys among Indon banks ON PAGE 2: I RA to complete all DGPs in next four years Maps of sites Prophet of "87 crash less bullish on US stocks. Page 18
      37 words
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      15 1 The Bottom Line: rg in Wrong use of trade as a weapon See I'agc 2
      15 words
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      Page 1 Advertisements Column 5
      138 1 wmm LUNETTE Taxi fare hike to cover higher costs Bus. MRT adjustments to help offset GST Full reports. Pages 26-30 Sterling battered, Page 18 ID BRUNO MAGLI (TV SOLE AGENT: Marlex Marketing Pte Ltd Tel: 714 9*9* Fax: 7)7 *192 Boutiques: Centrepoint #01-30 Tel: 737 4509 Paragon By Sojo #01-19
      138 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Piling up a heap
        315 2  -  By Anna Teo ABOUT $885 million worth of construction contracts were awarded in January, or slightly more than the monthly average last year. In growth terms, the January figures showed a sharp rise year-on-year but largely because January 1993 volume was weak. The latest January figure
        Source: CIDB  -  315 words
    • NEWS ROUNDUP
      • Article
        HDB to sell more shops to tenants
        95 2 THE Housing and Development Board will sell another 508 shops to their sitting tenants in April. They are located at Ang Mo Kio, Bedok, Tiong Bahru, Clementi, Jurong East, Ghim Moh, Tampines and Toa Payoh. Under current HDB policy, HDB will give a
        95 words
      • Article
        SM Lee's Aussie forum a sell-out
        87 2 AUSTRALIAN businessmen are lining up to get into a forum to hear Senior Minister Lee Kuan Yew speak about doing business in Asia, said the forum's organiser yesterday. Announcing that Mr Lee has agreed to address the iistralian Financial Review Business Forum in Sydney
        87 words
      • Article
        George Bush due April 14
        64 2 Former American President George Bush will be in Singapore on April 14 and 15 to deliver a keynote address on his perspective of the opportunities and obstacles facing the region this decade and beyond. Mr Bush's visit to Singapore is part of Citibank's Asian Leadership
        64 words
    • Article, Illustration
      Wives' pay matches husbands' among nearly a third of study
      455 2  -  Study on dual-career couples Reports by Anna Teo THE HUSBANDS may be the heads of the households, but for almost one-third of dual-income couples, the wives earn as much as or more than their spouses. In 11 per cent of
      455 words
    • Article
      All set to be the new family norm
      281 2 REFLECTING the trend in the developed countries, dualcareer couples will become the new family norm in Singapore, said chief statistician Paul Cheung yesterday. Of 540,900 married couples in 1990, 40 per cent were dualincome pairs, up from 27 per cent in 1980.
      281 words
    • Article, Illustration
      Tourism, retail sectors urged to aim for higher standards in service
      371 2  -  By A J Leow THE local tourism and retail sectors must strive for higher quality in service to ensure that Singapore maintains its lead as Asia's premier shopping destination. Minister of State for Trade, Industry and Labour Goh Chee
      371 words
    • Article
      MRT regulator, operator move to be more independent of each other
      333 2 MASS Rapid Transit Corp and Singapore MRT are to demarcate their functions more clearly, in line with the longer term plan to float SMRT. The two organisations had to be more clearly independent of each other since too close
      333 words
    • Article, Illustration
      Lock icon A look at what Myanmar has to offer
      139 2 YANGON Prime Minister Goh Chok long had a close-up look at a wide range of Myanmar products yesterday at the Myanmar Trade Fair "94. The exhibition was held at downtown Yangon and featured a showcase of consumer goods, raw materials, manufactured goods,
      Photo by Yoong Choon Hwa of Lianhe Zaobao  -  139 words
    • Article, Illustration
      URA to complete all DGPs in next four years
      162 2 THE Urban Redevelopment Authority will complete the remaining 49 development guide plans (DGPs) under Singapore's Concept Plan in the next three to four years. So far, six of the 55 plans have been released. They include those for Kallang, Simpang. Bukit
      162 words
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      220 2 V A FRENCH .^PROPERTY WvferiMENT JxifJ Ji; FRANCE IS THE WORLD'S A T" NO.I TOURISTDESTINATION WW 1 J M I I WITH MORE THAN 57 I 1 1 .I/ I j MILLION VISITORS IN 1992. L M JV AM I M TAKE YOUR PICK OF CHOICE city apartments in paris.
      220 words
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  • SOUTH-EAST ASIA
    • Article
      Thai investors unnerved by conflict over charter reform
      558 3  -  From Loh Hui Yin in BANGKOK A BAD case of investor jitters has hit the Thai stock market as the Opposition threw another spanner in the works on the eve of a parliamentary debate on amendments to the Thai constitution. Investors yesterday
      558 words
    • Article
      Lock icon Beijing ambivalent towards Ramos' proposal to solve Spratlys dispute
      376 3 AFP MANILA China reacted ambivalently yesterday to a proposal by Philippine President Fidel Ramos for multilateral talks on the possible military pullout of claimants from the disputed Spratly islands. The Chinese Embassy here said in a statement issued as Mr Ramos
      AFP  -  376 words
    • Article
      ADB ups authorised capital to US$48b to meet loan demand
      326 3  -  From Al Labita in MANILA THE Manila-based Asian Development Bank (ADB) will raise its authorised capital from U5523.6 billion (SS36 billion) to USS4B billion to meet Asia's rising demand for funds. In a statement yesterday. ADB president Mitsuo Sato said
      326 words
    • ASIA NOTES
      • Article
        Lock icon Indon credit scandal: travel ban for 9
        102 3 AFP JAKARTA Authorities have banned overseas travel for nine people allegedly involved in a USS43O million (***** million) Indonesian banking swindle, an ofTieial said here yesterday. Immigration spokesman Hario Subayu said the nine, including four people currently detained by the Attorney-General for questioning
        AFP  -  102 words
      • Article
        Lock icon Hanoi-Ho Chi Minh rail time cut
        101 3 AFP HANOI Vietnam has cut the time taken to travel the "Reunification Express" from Hanoi to Ho Chi Minh City to 36 hours, a report said yesterday. Rail authorities have invested U553.64 million (SSS.B million) in upgrading signals and other equipment along the 1,729
        AFP  -  101 words
      • Article
        Lock icon Thai economy expected to grow 8pc
        88 3 AFP BANGKOK A surge in exports that began during the last two months of 1993 is expected to continue and give Thailand 8 per cent economic growth this year, the Bank of Thailand said in a report issued on Tuesday. The central bank earlier
        AFP  -  88 words
      • Article
        Lock icon NZ Telecom workers vote to strike
        83 3 Bloomberg Business News WELLINGTON About 7.000 Telecom Corp of New Zealand workers have voted to strike, a Telecom spokesman said yesterday. The strike vote follows the breakdown of negotiations with staff of the operations group over new labour contracts last week. Staffing levels are
        Bloomberg Business News  -  83 words
    • Article, Illustration
      Hanoi seeks Manila's help in training workforce
      272 3 MANILA Vietnam has asked the Philippines to train its workforce in banking, management, accounting and economics. President Fidel Ramos, returning yesterday from a twoday visit to Vietnam, said Hanoi's request aimed to hasten the country's transition to a free market economy. Mr Ramos*
      272 words
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      163 3 I PARTICIPANTS I I Yunnan Minmetals Chemicals Imp Exp (Group) Corp. I I Yunnan Native Produce imp Exp Corp. H China Tuhsu Yunnan Tea Imp. Exp. Corp. I Yunnan Machinery Imp Exp Corp. I Yunnan Provincial Textiles Imp Exp Corp. I I Yunnan Provincial Cereals Oils Foodstuffs Import Export Corp.
      163 words
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      Page 3 Advertisements Column 2
      208 3 A Champion's Time. A Sincere Reward. i II Jak TT *****.789. The Royal Oak Championship Edition in tantalum and steel. Dedicated to the sporting exploits of Nick Faldo. Extra-flat quartz movement, water-resistant to a depth ofs atm. a For a champion like Nick Faldo, no timepiece better expresses his winning
      208 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon HK set to be world's most expensive business centre
      340 4 Reuter HONGKONG Hongkong is likely to overtake Tokyo soon to become the world's most expensive business centre, with offiee costs climbing for another couple of years. But Hang Seng Bank Ltd yesterday said that the completion of large areas of reclaimed
      Reuter  -  340 words
    • Article
      Lock icon Taiwan MP wants navy contract with French firm cancelled
      217 4 AFP TAIPEI A Taiwanese Member of Parliament yesterday demanded the cancellation of a contract allowing a French company to supply equipment to Taiwan's navy, citing allegations that the firm's local agent was involved in an arms bribery scandal. The call followed
      AFP  -  217 words
    • Article, Illustration
      Lock icon What's for dinner?
      50 4 Reuter BEIJING An elderly woman living in a poor village outside the Chinese capital holding up rodents she caught and plans to eat for dinner. Though the state provides financial relief for the impoverished v illagers, it still falls far short of the minimum for survival. Keuter
      Reuter  -  50 words
    • Article
      Lock icon Beijing to open first imported car showroom next week
      456 4 Reuter BEIJING Next week sees the opening of Beijing's first publie showroom for imported cars, an important step in turning the car from a tool of privilege in China into an ordinary commodity. The showroom, run by Beijing CIM Automall Company,
      Reuter  -  456 words
    • Article
      Lock icon China reaffirms cautious approach to reform of state sector
      301 4 AFP BEIJING China has reaffirmed its cautious approach to state-sector reform, ordering strict limits on the number of enterprises adopting a shareholding system or listing their stocks. "The shareholding system is still in the experimental stage because China lacks experience in
      AFP  -  301 words
    • CHINA WATCH
      • Article
        Lock icon Kuok to build 17 new hotels in 3 years
        108 4 AFP HONGKONG Asian tycoon Robert Kuok plans to invest about USS6OO million (SS96O million) in 17 new hotels, most of them in China. Kuok's flagship Kerry Group will complete the projects in the next three years, adding more than 7.500 rooms
        AFP  -  108 words
      • Article
        Lock icon Russia gets approval for HK consulate
        58 4 AFP HONGKONG Russia has been given approval to set up its first consulate in Hongkong, a government spokesman said yesterday. The Russian government can send diplomats at anytime to set up the mission, he said, ln-principle approval has also been given to the Czech
        AFP  -  58 words
      • Article
        Lock icon China's state property thefts worsening
        69 4 AFP BEIJING Chinese police are struggling to stem a rising tide of state property theft, especially at railways, construction sites and oilfields, the official China Daily reported yesterday. Last year. 19.000 cases of theft of state property were recorded, causing economic losses of 319.5 million
        AFP  -  69 words
      • Article
        Lock icon Call for crackdown on pirates in China
        73 4 AFP BEIJING The sale of fake and sub-standard goods remains a "serious" problem in China despite an 18-month old campaign to tackle the spreading menace, an official was quoted yesterday as saying. State Economic Trade Commission director Wang Zhongyu urged severe punishment of
        AFP  -  73 words
      • Article
        Lock icon Taiwan MPs plan to sue UN
        79 4 Reuter TAIPEI Taiwanese MPs plan to sue the United Nations in the International Court of Justice for refusing the island entry to the world body, a spokesman for the group said yesterday. The lawmakers will ask the Unrepresented Nations and Peoples Organisation. an "alternative
        Reuter  -  79 words
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      193 4 CHINA A IIAA I A Al I 1 lIA All A DonofmisslhisexNbHiononinveslmentopportunitiesin 11 Ml 11 AII VU AMI ll IMI "QINGOAO INTERNATIONAL COUNTRY CLUB" y vljllHU UmMIiUUIiiIJ "SINGAPORE SAPPHIRE INDUSTRIAL PARK-. W I!VI#nV VlinillrVllV opening ceremony by MR PEH CHIN HUA Managing Chairman, and MR KENNETH CHEN KOON LAP, 1994-5W1994
      193 words
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      39 5 ■k I I I^** W& 9E f'\ ftJPlKbfcs/ v *^'3|s J^ ■»> <*- j Vi The 6000 series. 18 karat solid mt I Exclusive bracelet design, ftp**** VHi Scratch-resistant sapphire I VR fl crystal with magnified date TAG H6U 6 r
      39 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Hosokawa caught up in a circle of worsening problems
      412 6 Reuter TOKYO A row over his shady loans is blocking the state Budget, the United States scorns his market-opening package, his coalition is only barely hanging together and his poll ratings are slipping. Nothing is going right just now for Japanese
      Reuter  -  412 words
    • Article
      Lock icon Tokyo banker hopes yen won't rise
      134 6 KnightRidder TOKYO Tadashi Okuda. chairman of Japan's Federation of Bankers Associations, said on Tuesday that he hoped the yen would not rise further for the sake of domestic economic recovery. Mr Okuda. who is also president of Dai-lchi kangyo Bank, said at a press
      Knight- Ridder  -  134 words
    • Article
      Lock icon Matsushita must pay damages in television fire test-case
      385 6 Bloomberg Business News TOKYO In a test case ahead of the introduction of product liability laws in Japan, an Osaka court ordered consumer electronics maker Matsushita Electric Industrial Co to pa> compensation for a fire caused by one of its IV sets.
      Bloomberg Business News  -  385 words
    • Article
      Lock icon Call to speed up trimming of Aussie budget deficit
      396 6 Bloomber Business News SYDNEY Australia's central bank chief yesterday said the country's budget deficit, forecast at AS 14.7 billion (5516.2 billion) for the 12 months to June 30. must be reined in faster. The government has committed itself to reducing the
      Bloomber Business News  -  396 words
    • Article
      Lock icon S Korean labour leaders protest court decision over damages
      308 6 AFP SEOUL Labour leaders here have protested a court decision holding unions liable for damages caused by illegal strikes, saying it could hit South Korea's burgeoning labour movement. "We are worried employers might misinterpret the ruling." the National Council of Union
      AFP  -  308 words
    • Article
      Lock icon Did Japan's industrial output hit bottom in last quarter?
      149 6 Knight-Ridder TOKYO It is too early to judge whether industrial production hit the bottom in the October-December quarter. An official with Japan's Ministry of International Trade and Industry, briefing reporters after the release of February industrial production data yesterday, said output
      Knight-Ridder  -  149 words
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      30 6 before the 10-fat blueberry yogurt, pre-nuptial agreements, 3 n cl poodle psychologists, li i Sh rt Today, of course, Hf J| everything has changed. H jJI Shirtmaker V JB !,,f
      30 words
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  • THE WORLD
    • Article
      Japan's new trade package has limited substance: Kantor
      356 7  -  From Leon Hadar in WASHINGTON UNITED STATES Trade Representative Mickey Kantor yesterday described Japan's new package of trade measures as being "of limited substance" and indicated that Tokyo's refusal to accept Washington's "numerical measures" approach remained a key obstacle towards defusing the
      356 words
    • Article
      Lock icon Bonn denies east German industry in long-term decline
      286 7 Reuter BONN Economics Minister Guenter Rexrodt yesterday rejected suggestions that former Communist east Germany faced long-term de-industrial-isation and said the region's small and medium-sized firms were performing well. But the country's main industry body, the Federation of German Industry (BDI). immediately challenged
      Reuter  -  286 words
    • Article
      Lock icon British MPs slam govt for rushing Pergau dam offer
      231 7 Reutcr LONDON British lawmakers condemned the government yesterday for rushing througli a costly aid offer for a controversial Malaysian dam at the root of a trade row. The Committee of Public Accounts called the initial 48hour appraisal of the huge Pergau
      Reutcr  -  231 words
    • Article, Illustration
      Lock icon After the blast
      57 7 AFP COURBEVOIE, France Firemen surveying the site of the explosion of a central heating plant in the Courbevoie suburb, west of Paris, yesterday. The early morning blast, which was caused by a gas leak, destroyed houses, and office and apartment buildings in the area, injuring at least
      AFP  -  57 words
    • WORLD WATCH
      • Article
        Lock icon Belgium cuts key central rate
        108 7 KnightRidder BRUSSELS The Belgian National Bank yesterday cut its key central rate by 0.10 percentage point to 6.05 per cent. This is the rate at which the hulk of commercial banks* liquidity needs will be met at the next weekly tender for credits by quantity.
        Knight- Ridder  -  108 words
      • Article
        Lock icon Russian arms sales could hit US$20b
        75 7 AFP MOSCOW Russia is set for a major boom in arms sales which could reach USS2O billion (5531.2 billion) in 1994. a 10-fold increase from the figure last year, the head of a state-owned military enterprise forecast yesterday. Viktor Samoilov, director of the Rosvoruzhonye
        AFP  -  75 words
      • Article
        Lock icon Balladur's popularity down to 40pc
        83 7 Bloomberg Business News LONDON French Prime Minister Edouard Balladur's popularity has dropped 12 percentage points from the rating of 52 per cent that had made him the most popular politician in France, the British Broadcasting Corp said yesterday. The new poll, on Mr Balladur's first
        Bloomberg Business News  -  83 words
      • Article
        Lock icon UK inflationary pressures still weak
        110 7 Bloomberg Business News LONDON Low producer prices suggest inflationary pressures in the United Kingdom "remain weak" and the economic recovery is still on track, the British Treasury said yesterday. In its monthly monetary report for April, the Treasury said "the latest monthly indicators are again
        Bloomberg Business News  -  110 words
    • Article
      Lock icon Open line to Canada for US telecom equipment makers
      129 7 AP WASHINGTON US manufacturers of telecommunications equipment will soon be able to sell more of their products in the Canadian market under an accord announced on Tuesday by US Trade Representative Mickey Kantor. Mr Kantor said in a statement that Bell
      AP  -  129 words
    • Article, Illustration
      Lock icon Power struggle undermines victory of Berlusconi alliance
      464 9 NYT ROME Less than a day after surging to an election victory, the right-wing alliance led by media magnate Silvio Berlusconi became enmeshed in a power struggle on Tuesday that threatened its ability to form a strong government. Some commentators also warned that
      NYT  -  464 words
    • Article
      Lock icon California's economic recovery has finally begun, says UCLA study
      410 9 AP LOS ANGELES After a dispiriting slide into the depths of recession, California's longawaited recovery has finally begun, according to a University of California, Los Angeles, analysis scheduled for release yesterday. The report of a recovery is the first by a
      AP  -  410 words
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      45 7 Singapore A Four Seasons Regent Hotel AUC KLAND BANGKOK BF.V E K I Y Mil IS FIJI HONG KONG JAKAKTA KUALA LUM I' UR LON PON MELBOURNE. SINGAPORE. SYDNEY. TAIPEI LOR MORE INFORMATION JUST CALL 73 3 HHBH OR FAX 73 2 88 3 8
      45 words
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      127 8 Global Concord Global Concord Global Concord Global Concord l| Developed by /l\ Meriton Australia's Best Residential Apartment Developer; HI jl 10% deposit, 90% Vendor Finance available, interest only; Ijl l| No monthly repayment necessary under rental guarantee |«l 51 the outstanding investment package in 1994! 10l (fe- RT i£T^: Mj
      127 words
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      Page 9 Advertisements Column 1
      161 9 I jm We're giving away cash I J equivalent to not one but three lots of the Nippecraft shares at Wl strike price. NtyGIC It's easy, just guess the closing 1 J_| strike price of the Nippecraft I I M I i shares in the entry form, paste it on
      161 words
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      Page 9 Advertisements Column 2
      1366 9 D SHANGRI-LA HOTEL LIMITED (Inccxpcnted in the Republic of Singapore) The Directors of Shangri-La Hotel Limited wish to announce that the unaudited results of the Group and the Company for the year ended 31st December 1993 are as follows Unaudited Results For The Year Ended 31st December 1993 The Group
      1,366 words
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  • SPORTS
    • Article, Illustration
      Lock icon Asian Tour has good prospects for growth
      404 10 Golf NST KUALA LUMPUR The on-going US$3 million (554.7 million) Newsweek Asian Tour will not be merged with the Australian Tour as the former will have better prospects for growth in the coming years. Asian Pacific Golf Confederation (APGC) executive committee vice-chairman Thomas
      NST  -  404 words
    • Article
      Lock icon End of the Jerry and Jimmy saga
      701 10 NYT IRVING. Texas It about winning, and it wasn't about money. Instead, the high-profile owner-coach relationship that helped build the Dallas Cowboys into a twotime Super Bowl champion ended on Tuesday in a Texassized clash of personalities and egos. Jerry Jones and Jimmy
      NYT  -  701 words
    • Article, Illustration
      Lock icon Clockwork teamwork
      31 10 AFP SAO PAULO, Brazil The Williams-Renault of British Formula One driver Damon Hill being supplied with fuel on Sunday while in the pits during the Brazilian Grand Prix. AFP
      AFP  -  31 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        81 10 AFP SARASOTA. Florida Michael Jordan managed his first extra-base hit of spring training, a run-scoring double with two out in a game where the former basketball star served as designated hitter. Jordan went l-for-4 while piaving for Birmingham. a third-division development club of the Chicago White Sox. against Baltimore
        AFP  -  81 words
      • Article, Illustration
        Lock icon Basketball
        63 10 Reuter NEW YORK NBA Tuesday: Atlanta 101 New Jersey 98: Cleveland 106 LA Clippers 96: Miami 115 Detroit 123; Orlando 120 Washington 101: NY 106 Charlotte 95: Chicago 106 Philadelphia 103: Dallas 92 San Antonio 117: Mil- waukcc 107 Boston 119 (OT): Utah 113 Cioldcn Stale 116; LA Lakers
        Reuter  -  63 words
      • Article, Illustration
        Lock icon Boxing
        85 10 AFP NKW YORK Rav Mercer, accused of offering 'USS 100.000 (*****.800) to his opponent to deliberately lose during their heavyweight fight, was found innocent here on Tuesday on a charge of sports bribery. Mercer said he hopes to return to the ring soon. Mercer. 31. was accused of making
        AFP  -  85 words
      • Article, Illustration
        Lock icon Cricket
        134 10 AFP AFP Reuter PORT-OF-SPAIN, Irinidad Curtlv Ambrose was hailed as the best fast bowler in the world after his devastating burst wrecked England at the Queen's Park o\al on Tuesda>. Ambrose captured 6-22 in 47 balls to leave England in tatters at 40-8. chasing 194 for \ietor> and faeing
        AFP; Reuter  -  134 words
      • Article, Illustration
        Lock icon Ice hockey
        33 10 Reuter NEtt YORK NHL Tuesday: Detroit 6 Hartford 2: New Jersey 5 Montreal 2: Philadelphia 3 NY Rangers 4: Washington 2 NY Islanders 2 (OT); San Jose 9 Winnipeg 4. Reuter
        Reuter  -  33 words
      • Article, Illustration
        Lock icon Tennis
        144 10 AP AFP HILTON HEAD ISLAND. South Carolina Martina Navratilo\a was beaten in the first round of the Family Circle Magazine Cup on Tuesday by Ines Gorroehategui of Argentina 4-6. 7-5. 7-5. Top-seeded Arantxa Sanchez Vicario of Spain advanced easily. 6-1. 6-1 over Kristie Boogert of Holland. No 2 seed
        AP; AFP  -  144 words
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      525 10 r I WW CMtOOKY Mart Man's Mai WmCl Woman's Woman WW mu i a; "SSr J/ I M Team Wry 1 •7JI 3 J 4 IFJ □*> j rtrrr i!iiiiiiiiii i i i i i i i i 11 i Five persons may form a team and enter the team
      525 words
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      1279 11 ess l lines, l nursuay mami Singapore Technologies Industrial SINGAPORE TECHNOLOGIES INDUSTRIAL CORPORATION LTD (Incorporated In The Republic Of Singapore) Unaudited Full Year Financial Statement and Dividend Announcement The Board of Directors of Singapore Technologies Industrial Corporation Ltd is pleased to announce the following unaudited results of the Group and
      1,279 words
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  • INNOVATION & TECHNOLOGY
    • Article
      Speak and your words appear on screen
      440 12 Joycelyn Shu looks at a new speech recognition system Dragon Dictate YOU can now dictate to your computer and your speech will appear as text on screen as you speak. This is made possible with Dragon Dictate system, a software program which has
      440 words
    • Article
      Lock icon Single-dose vaccine for childhood diseases on the way
      386 12 NYT Researchers say they are rapidly moving within reach of one of the long-standing goals of vaccine research: a single-dose inoculation that would protect infants against all major childhood diseases. Spurred by advances in molecular biology and new methods of stimulating the
      NYT  -  386 words
    • Article, Illustration
      Lock icon Pigs specially bred for human transplant
      441 12 Reuter BRITISH scientists said the use of animal organs in human transplant operations could be commonplace within a few years after they bred a new generation of genetically engineered pigs. Scientists at Cambridge company Imutran said on Tuesday they had successfully produced a new
      Reuter  -  441 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      232 12 ■HHH| If you thought staying at the Shangri-La Penang Also, you'll have inter-signing privileges at all four was a little out of your price range, it's time to think Shangri-La properties in Penang. That means that the again. Because Shangri-La Penang's new value-for- beautiful Golden Sands and Rasa Sayang Resorts
      232 words
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      Page 12 Advertisements Column 2
      115 12 C~ This announcement appears as a matter of record only March 1994 I WINGTAI I WING TAI HOLDINGS LIMITED I (Incorporated in the Republic of Singapore) I RIGHTS ISSUE OF I 279,344,253 RIGHTS SHARES OF $0.25 EACH I AT $1.38 PER RIGHTS SHARE I Manager and Underwriter I ©DBS BANK
      115 words
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  • THE LAW PAGE
    • Article, Illustration
      Lock icon There's no love lost between lawyers and economists
      834 13 Economists argue against usefulness ot lawyers NYT Looking for a new reason to blame lawyers for it all? Economists are at your service. One recent study documented a strong negative link between the proportion of law graduates in a country's work force
      NYT  -  834 words
    • Article
      Raja and Arthur Loke join forces
      443 13  -  Atthe-^M Bv Ramesh Diyanathan Lawyers of two firms have heeded the call to the legal community to regionalise and form larger partnerships. The firm of Raja Partners will merge with mediumsized Arthur Loke Partners on Apr 1. Raja Partner's Rajaram Murugiah. K Gopalan and
      443 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      1356 13 I International Factors (Singapore) Ltd (Incorporated in the Republic of Singapore) UNAUDITED FULL YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT The Board of Directors of International Factors (Singapore) Ltd is pleased to announce the following unaudited results of the Group and of the Company for the year ended 31 December 1993
      1,356 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      658 14 Noll ling Beats A Bud. (Giaifl OF —was IMb A good reason to visit Mischief the fun pub: rom spm to Bpm daily, beer and house pouring drinks are at only $3.so++each. Mischief Is open from 11 am to lam daily <1 (till 2am on Fridays, Saturdays eye of public
      658 words
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      Page 14 Advertisements Column 2
      208 14 WHERE TO WINE, DINE AND ENTERTAIN Japanese Lunch Dinner Buffet 1-31 March At our Japanese Buffet, you can help yourself to the wide range of dishes. Enjoy Cha Soba, Tempura, Chawan Mushi, Sushi and many more. Adult: $18.50++ Child: $12.00++ Cafe Plaza Menu changes regularly j ■J U. NEW rA
      208 words
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      Page 14 Advertisements Column 3
      387 14 Nonya Fare Teeming zFlair At the Chatterbox Bite into the goodness of Penang Nonya food at the Chatterbox this Bth to 1 7 th April Chefs specially flown in from Penang Mutiara Beach Resort, will whip up nonya specialities and a whole lot more All set to tickle your tastebuds
      387 words
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  • LIFESTYLE
    • Article, Illustration
      Fairy tales given a frightful twist
      708 15  -  Susan Tsang reviews the Singapore Repertory Theatre's musical. Into The Woods Susan Tsang T AKE Red Riding Hood: Jack, who gets five magic beans; Rapunzel. a wicked witch: and other fairy tale staples. Throw them all together Into The Hoods, and you get a
      708 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      256 15 S A toast to Sunday. Now when you brunch at Capers you'll find more than sumptuous Asian and Continental favourites for only $32*" per adult and $16** for children under 14. The $55** Champagne Brunch includes a bottle of the bubbly for two. Cheers! the (Regent C Singapore A Folk
      256 words
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      Page 15 Advertisements Column 2
      95 15 CAN YOU EQUATE 3+l=3 Only at SIAMESE FINS Restaurant...you can. Come down to Siamese Fins Restaurant and select any 3 main dishes, especially your favourite superior shark fins, r- and you'll wipe your watering mouths with a a dish of sauteed Goose Web absolutely free! mm, I s er ,s
      95 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1285 15 TV RADIO The Slate Shirley Bassey: Have Voice Will Travel, Bpm, V ni^HP Shirlc> Basse}. Starting from poor childhood in Wales. vlk K-9, 8.30pm, SBC 5 s Snl^^v > L/ J A narcotics officer (James lie- V lushi) needs sniffer dog to W B WLhelp him solve a case. He
      1,285 words
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  • Article
    A tax for the future
    541 16 EDITORIAL WITH the goods and services tax (GST) coming into force tomorrow, it is worth recapitulating what the tax is really about. In a word, it is about competitiveness. When countries are competing feverishly tor scarce investment funds. the GST will help the Singapore economy
    541 words
  • WHAT THE OTHERS SAY
    • Article
      Trading in global hopes
      253 16 INDIAN Prime Minister PV Narasimha Rao put his finger on the most ominous threat to the hope of free trade when he warned the G-15 conference in New Delhi that instead of upholding "the rule of law", the rich nations are bent on adopting protectionist measures
      253 words
    • Article
      Better times in Myanmar
      142 16 PRIME MINISTER Goh Chok Tongs visit to Myanmar marks a new phase in our bilateral relations. Mr Goh noted that Myanmar has made some changes to improve domestic conditions. The military government of Myanmar is now looking forward to economic cooperation and this is what attracts
      142 words
    • Article
      Hit errant motorists hard
      151 16 THE Traffic Police must strengthen its ban on motorists using their handphones while driving. Besides fines jnd demerit points, they may also consider amending ;raffic laws to suspend the driving licence of errant motorists who chalk up a certain number of demerit points. The Traffic Police
      151 words
    • Article
      The risk of another Bosnia
      190 16 ZULU CHIEF Mangosuthu Buthelezi told President FW de KJerk on Sunday that he would not obstruct voting in the KwaZulu homeland during South Africa's all-race election next month. African National Congress (ANC) leaders, however, say this is unacceptable and added that de Klerk would play
      190 words
    • Article
      Prevent collusion
      150 16 WE WELCOME the government's plan to hire a foreign bank to improve the management of the had loan-riddled Development Bank of Indonesia (Bapindo) but only as part of a comprehensive package of urgently-needed measures to restore the state bank to a strong, sound footing. Managerial assistance alone, however,
      150 words
    • Article
      Disclosure welcome
      143 16 THE Hongkong Stock Exchange has declared a new phase in the corporate revolution. Its invitation for comment on its suggested changes to the rule book is likely to be answered with an outraged flood of protest about the depth of detail it is demanding. The privileges of a
      143 words
  • Article, Illustration
    It's a complex game of chess in North-east Asia
    1027 16  -  Pyongyang's possible nuclear capability is rattling Washington's nerves. Complicating matters is Pyongyang's 'godfather' Beijing which has its own agenda with Washington. Leon Hadar reports Leon Hadar The writer is BT's II ashington Correspondent ADDING to President Bill Clinton's list of growing
    1,027 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      76 16 April H I J 1 1 H New life I I 1 J L_ I J for old I I i llLill a|jartments I I I on KLSE's I I jail tales or truWM^^f cond Board I gaijins I I Tokyo ***** Available a! Newsstands Times the Bookshop NTUC Supermarkets
      76 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      56 16 (jMTrING IT STRRIGMT 1 TO BiG BUSitfeSS^ j£±y C ASSOCIATIO MfWV*«W LTD IM3-IM4 POONESBURY GARRY TRUDEAU SHE OMR-UP ATTRACTS II NOOOW WOWS' M ATTENTION OF MORAL 1N UJESHOUU? WAT THAT'S WHY A IPGETALWNSEVAMATO... V HAVEHEARJN66 FACTS l(j£NS£P 4 I v IMMEDIATELY I ITS ARB hearings vrtTfi THESE FILES LEIbASf- A
      56 words
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  • ANALYSIS
    • Article, Illustration
      Things looking up, but a rough ride ahead
      1581 17  -  Australia's GDP grew 4 per cent last year its best performance in five years. Although the long-term prospects appear good, it won't be smooth sailing. Peter Osborne examines the serious obstacles the economy must overcome for a sustained recovery. Peter Osborne THE
      1,581 words
    • Article, Illustration
      Lock icon Life after Star — Li and his Pacific Century
      839 17  - Life after Star Li and his Pacific Century Martin Howell finds out what star Hongkong dealmaker Richard Li plans to do with technology leapfrogging Martin Howell Bloomberg Business News RICHARD Li has been frustrated by the impatience of Hongkong stock investors once and he is determined not to let it
      Bloomberg Business News  -  839 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      216 17 THIS ANNOUNCEMENT APPEARS AS A MATTER OF RECORD ONLY PT SURYA PAMENANG U*****,000,000 SYNDICATED LOAN FACILITY GUARANTEED BY PT GUDANG GARAM ARRANGERS AND UNDERWRITERS Deutsche Bank (Asia Pacific) Limited The Development Bank of Singapore Limited LTCB Merchant Bank (Singapore) Limited Rabobank Asia Limited The Sanwa Bank Ltd, Singapore Branch Swiss
      216 words
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  • Article, Illustration
    Lock icon Major's political problems hit financial markets
    468 18 Reuter LONDON Political uncertainty following the latest attacks on Prime Minister John Major hit sterling and British bond markets on Wednesday. But the markets later shrugged off the early turbulence until a Wall Street plunge. Markets plunged in early trading as the crisis over
    Reuter  -  468 words
  • Article
    Lock icon Bundesbank trims key interest rate
    466 18 Reuter FRANKFURT Germany's central bank, the Bundesbank, on Wednesday sanctioned another marginal cut in a key money market interest rate, affirming its softly-softly approach to reducing the cost of credit in Germany. But economists say markets may have another month to wait until it cuts
    Reuter  -  466 words
  • Article
    Lock icon Prophet of '87 crash less bullish on US stocks
    333 18 Bloomberg Business News NEW YORK Elaine Garzarelli, the well-known Lehman Brothers market analyst and the prophet of the 1987 stock market crash, yesterday turned less bullish on US stocks, marking the third time this year she has raised concern about the
    Bloomberg Business News  -  333 words
  • Article
    Lock icon Social clause dispute threatens Gatt accord
    295 18 AFP GENEVA Gatt negotiators failed to agree yesterday on a draft final statement on the Uruguay Round because Washington rejected the inclusion of a clause on social protection for workers. Gatt officials said. The last-minute hitch came at a final meeting of negotiators to
    AFP  -  295 words
  • Article
    Lock icon US tobacco companies slapped with US$5b class action suit
    304 18 Bloomberg Business News WASHINGTON America's largest tobacco companies were hit yesterday with a USSS billion (SS7.B billion) class action lawsuit for the "wrongful deaths and disabilities" of thousands of cigarette smokers. The suit, filed by Melvin Belli and Wendell Gauthier. alleges
    Bloomberg Business News  -  304 words
  • Article
    Lock icon Confusion in Seoul over approach to N Korean nuclear issue
    422 18 AFP SEOUL Confusion reigned in Seoul yesterday over whether cracks had appeared in South Korea's approach to the North Korean nuclear issue or whether Seoul's ambassador to Beijing had merely revealed diplomatic secrets. Newspapers headlined the abrupt muzzling of Ambassador
    AFP  -  422 words
  • Article, Illustration
    Trade should not be used as a weapon to impose behaviour
    750 18  -  The Bottom Line BAHRAM NOWZAD BAHRAM NOWZAD The writer, former chief editor of the International Monetary Fund and now a H 'ashington-hased consultant, contributed this article to BT TRADE sanctions are nothing new; they have been used ever since
    750 words
  • Article
    Lock icon US signs pacts to boost business ties with Russia
    256 18 AP MOSCOW United States Commerce Secretary Ron Brown signed four agreements with the Russian government yesterday aimed at boosting US investment. Mr Brown, who is leading a delegation of US executives to three Russian cities, said the agreements "will improve dramatically
    AP  -  256 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      78 18 FWfjlU Let's meet at The 7th Propak Asia in World Trade Centre, Singapore (12-15 April, 1994) MALTOL ETHYL MALTOL Competitive Price and Good Service Quality standard: F.C.C. ot U.S.A. Package: cardborad drum, compound tin Annual output: total 60 ton (25kg/drum, 500x24tin/box) Delivery period: 15-30 days VANILLA FLAVOURS DHA/EPA GINKGO BILOBA
      78 words
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      Page 18 Advertisements Column 2
      1 18 Hi
      1 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      STIC exceeds forecasts with 51pc jump in earnings
      411 19  -  By Genevieve Cua SINGAPORE Singapore Technologies Industrial Corp has outperformed analysts' and its own projections with a 51 per cent jump in after-tax earnings to $27 million last year. STIC president Wong Kok Siew said yesterday that the group, which was listed
      411 words
    • Article
      Kay Hian James Capel posts 445pc rise in net earnings
      288 19  -  By Quak Hiang Whai SINGAPORE Listed broker Kay Hian James Capel Holdings yesterday said its net earnings for 1993 surged 445 per cent to $75.7 million from $13.89 million and it sweetened the announcement with a one-for-five bonus share issue.
      288 words
    • Article
      IFS posts 52pc leap in net earnings
      238 19 SINGAPORE Releasing its maiden full-year results as a listed company. International Factors (Singapore) Ltd yesterday said its net earnings last year surged 52 per cent to $4.28 million. As expected, the impressive results were boosted by strong contributions from its overseas operations. Earnings
      238 words
    • Article
      86pc of Transpac shares go to small investors
      197 19 SINGAPORE Small investors bagged the lion's share of Transpac Industrial Holdings' initial public offering, collecting 86 per cent of all shares in the domestic tranche. Applicants for one to nine lots had a 70 per cent success rate. They will receive the
      197 words
    • Article
      Good Indon bank buys amid Bapindo scam
      896 19  -  HOCK LOCK SIEW By William Chia SINGAPORE The Indonesian banking industry, which was shaken by the Bank Summa liquidation just two years ago. is reportedly reeling once again from the scandal involving a USS43O million (***** million) loan made by stateowned PT Bank
      896 words
    • Article
      FELS set to bag US$200m deal to build vessel
      309 19  -  By Rahita Elias SINGAPORE Rigbuilder Far East Levingston Shipbuilding is close to clinching a USS2OO million (SS3I2 million) contract its first major deal since 1991. It is negotiating with Norwegian driller Smedvig for a contract to build a monohull floating production
      309 words
    • Article
      Rotary Engineering ups profit
      151 19 SINGAPORE Engineering and eonstruetion group Rotary Engineering yesterday reported a net profit of 558.57 million last year, an increase of 14.1 per cent over the 557.51 million earned in 1992. Turnover was up too, rising almost 12 per cent to 5585.61 million, from 5576.5 million previously.
      151 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        49 19 Mixed Marker Mood intimites the likely trading sentiment unlay. based on brokers polled at 5-6nm yesterday (hernight events may alter sentiment brokers /Tolled Barings. I)ai\\a. (IK (joh. Kay Hum. Morgan (irenfell On get k Phillip. lat l.ee. Smith \ew C ourt. 111 Can and SO II arblirg.
        49 words
      • Article, Illustration
        HOT STOCK
        127 19  -  -By Quak Hiang Whai International Factors (Singapore) appears to have found support around Si.so. The stock was trading around $1.54 yesterday, down from more than S2 in January. A bullish divergence is now seen on the daily RSI chart, with lower prices but a rising RSI indicator. The
        127 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Hind Hotels profit up 10.4pc to $7.4m
          87 20 SINGAPORE Hind Hotels International, owner of Imperial Hotel Singapore, lifted earnings 10.4 per cent to $7.4 million last year, despite higher operating costs. Turnover rose 11.2 per cent to $35.6 million, from 532 million before. Pre-tax profit went up 20.8 per cent to
          87 words
        • Article
          MISC proposes one-for-three bonus
          73 20 KUALA LUMPUR Malaysian International Shipping Corporation Bhd (MISC), which announced a 3.4 per cent rise in net earnings to MSS2O million (SS3O3 million) for the year ended Dec 31 1993, has proposed a one-for-three bonus issue. The companv said the issue would capitalise from the reserves
          73 words
        • Article
          United Pulp earnings up 7pc
          64 20 SINGAPORE United Pulp Paper yesterday announced a 7 per cent increase in net earnings to $2.76 million for the year to Dec 31 on a 13 per cent rise in turnover to $45.95 million. Profits from the paper and paper packaging business improved 98 per
          64 words
        • Article
          Condo piling project awarded
          55 20 SINGAPORE Waterfront Properties, a joint venture between DBS Land and Straits Steamship Land, has awarded a $11 million piling contract to Sum Cheong Corp. The piling is for the development of four blocks of a proposed condominium project at Tanjong Rhu. Work began on March 2
          55 words
        • Article
          Better sales boost Fuji Offset results
          65 20 SINGAPORE Fuji Offset Plates Manufacturing lifted earnings 315 per cent to $1.23 million for the year to Dec 31 1993, on a 26 per cent rise in turnover to $24.75 million. The group said sales and productivity were better, which meant production costs were
          65 words
        • Article
          Alliance slumps despite turnover rise
          59 20 SINGAPORE Alliance Technology and Development has posted a bigger loss of 5i.56 million for the year to Dec 31 1993 despite a 138 per cent rise in turnover to $17.08 million. The losses were incurred in the property investment, manufacturing and trading sectors, especially outside
          59 words
        • Article
          Sale lifts Horiguchi bottom-line
          80 20 SINGAPORE Horiguchi Engineering lifted earnings 62 per cent to $405,000 last year, despite a 15 per cent drop in turnover to $16.84 million. An extraordinary gain of $600,000 from the sale of its 37 per cent owned-associated company in Indonesia lifted bottom-line profit to $1.12 million.
          80 words
        • Article
          Lock icon Westmont divests subsidiary
          53 20 Bernama KUALA LUMPUR Westmont Bhd (formerly known as Yangtzekiang Bhd) announced the divestment of its wholly owned subsidiary YGM Industries Sdn Bhd and the transfer of its existing garment operations to that subsidiary. The transfer of existing garment operations was for a consideration of M$ 15.593 million
          Bernama  -  53 words
        • Article
          Corrections and clarifications
          58 20 IN OUR report yesterday on Harimau's results for 1993, we erroneously said that Harimau had proposed a one-for-10 bonus share issue, so raising its share capital by $5 million. It should have been a one-for-five bonus and the share capital will therefore be boosted by $10 million
          58 words
      • Article
        UNIT TRUSTS & FUNDS
        490 20 UNIT TRUSTS FUNDS Managers'pricas Mar 31 us Gr Fund 105 1.09" Singapore Unit Trust UMB Invest Mgt Ltd anVVvrvvim iini i Jn ,f un d I 40 1.45 The 6- 10 tnibond+ 1025 105 The Savin* Fund 148 I 55 *d 160 W lESsM? ?:S °d Unnod Asia Fund I.J*
        490 words
      • Article
        Parkway Holdings' net profit up 129pc
        327 20  -  By Abdul Hadhi SINGAPORE Propertybased Parkway Holdings raised group net earnings 129 per cent to $44.73 million in 1993 on a 14 per cent increase in turnover to $197.66 million. Earnings per share rose to 15.89 cents from 6.97 cents, while net tangible asset
        327 words
      • Article, Illustration
        Shangri-La takes pounding with 47pc profit plunge
        314 20  -  By A J Leow SINGAPORE The Shan-gri-La Hotel yesterday reported a 47 per cent fall in its net earnings for the year to Dec 31, 1993. Group after-tax profit fell to $11.34 million from $21.3 million in 1992 because of pressure on room
        314 words
      • Article
        Liang Court chalks up 22pc rise in earnings
        363 20  -  By Sylvia Wong SINGAPORE Property group Liang Court Holdings* earnings rose 22 per cent to $6.78 million on a 16 per cent rise in turnover to 529.43 million for the year ended Dec 31, 1993. The bulk of the profits came in
        363 words
      • Article
        Guthrie GTS sinks into the red with $3.7m loss
        201 20 SINGAPORE Diversified holding company Guthrie GTS Ltd yesterday reported a net loss of $3.69 million for the financial year ended Dec 31. 1993, a sharp reversal from the 55.43 million it earned a year ago. Group turnover dropped nearly 19 per
        201 words
      • Article
        Hotel Grand Central profit up 34pc to $14.5m
        212 20 SINGAPORE Hotel Grand Central yesterday reported earnings of 514.5 million on a turnover of 524.9 million for its financial year ended Dec 31, 1993. This is 34 per cent higher than the $10.9 million it reported a year ago on a turnover
        212 words
      • Article
        Lock icon Selangor State Devt Corp targets 10 firms
        200 20 The Star KUALA LUMPUR Selangor State Development Corp (PKNS) plans to have at least 10 public-listed companies in its stable by the end of the year. Selangor Mentri Besar Muhammad Muhamad Taib said on Monday that subsidiaries of the state-owned firm would be
        The Star  -  200 words
      • Article
        Hotel Plaza to buy third Aussie property
        203 20 SINGAPORE Hotel Pla/a yesterday said it planned to buy its third Australian property the Kadisson Century Hotel in Sydney. The four-star hotel, in Victoria Street in the King's Cross nightlife area, is expected to cost AS42 million (SS46 million). The hotel is less
        203 words
      • Article
        PSC reports 20pc profit rise, declares 1-for-2 bonus issue
        190 20 SINGAPORE Provisions Suppliers Corp has reported a 20 per cent increase in net earnings to 54.62 million for 1993 and will reward shareholders with a one-for-two bonus shares. The gain was achieved on turnover growth of 11.2 per cent to 5138.8
        190 words
      • Article
        DIVIDENDS ANNOUNCED
        1423 20 Payment Ex Books Pay date close date ABK Hldgs 5< F 9 Jun 29 Jul S Jul IS Acma F 10 Jun 14 Jun 20 Jul 5 Amtek Eng 20* I 6TE Apr 15 Apr 21 Apr 29 BAT 21* F 86.9N Mar 18 Mar 24 Apr 6
        1,423 words
      • Article
        Lock icon Overwhelming response to Beijing's first share offers
        313 21 Reuter BEIJING The city's first-ev-er public share offers. opened from Sunday to Tuesday, have been greatly oversubscribed, the Beijinn: Evening A'orv said yesterday. Thousands queued up over the three days at more than 330 outlets to buy forms gi\ ing them the right
        Reuter  -  313 words
      • Article, Illustration
        Lock icon China's Peony eyes NYSE listing
        61 21 Reuter BEIJING Shoppers at a department store >esterda> looking at a large selection of television sets among them locally produced Peony sets. Beijing Feon> Electronic Group has its television sets in millions of Chinese homes and its Peon) brand is a household name. Directors hope
        Reuter  -  61 words
      • Article
        Lock icon Viacom sheds TV asset, may sell cable systems for massive US$2.2b
        260 21 Bloomberg Business News NYT NEW YORK Viacom Inc agreed on Tuesday lo sell its one-third interest in Lifetime Television to its partners. Hearst Corp and Capital Cities/ABC Inc. for U*****.6 million (***** million) in cash. The sell-off is an
        Bloomberg Business News; NYT  -  260 words
      • COMPANY BRIEFS
        • Article
          Lock icon Shangri-La Asia profit up 97pc
          99 21 Bloomberg Business News HONGKONG Shangri-La Asia, a rapidly growing luxury hotel company in China and Hongkong, said yesterday that its net profit climbed 97 per cent in 1993 as demand for hotel rooms rose in both markets. The company, which is controlled by Malaysian businessman
          Bloomberg Business News  -  99 words
        • Article
          Lock icon Hopewell net gain up 83pc
          104 21 AFP HONGkONG Hopewell Holdings said yesterday that its net profits were up 83.2 per cent to HkSl.s4 billion for the half-year to Dec 31. from HkSB43 million. Hongkong's property and infrastructure giant attributed exceptional gains of HkSl.2 billion to Consolidated Electric Power Asia, which Hopewell
          AFP  -  104 words
        • Article
          Lock icon Lam Soon net profit falls 47pc
          104 21 Bloomberg Business News HONGkONG Lam Soon Food Industries, which processes and markets Hour, edible oils, vegetable fat and detergents, said its net profit fell 47 per cent in the fiscal year that ended Dec 31. The company's profit fell to Hk533.9 million from HkS64.l
          Bloomberg Business News  -  104 words
        • Article
          Lock icon Vitasoy shares leap 18pc on first day
          69 21 Bloomberg Business News HONGKONG Shares of drink manufacturer Vitasoy International Holdings rose 42 HK cents, or 18.4 per cent, from their issue price of HKS2.2B on their first day of trading on the Hongkong stock exchange. The company's shares, which topped a list
          Bloomberg Business News  -  69 words
      • Article
        Lock icon General Motors tops Fortune 500 sales list again
        408 21 Bloomberg Business News NEW YORK General Motors Corp retained its perch on top of the Fortune 500 list of companies with 1993 sales of USS 136.6 billion (SS2I4 billion). although the No 1 US automaker ranked only sixth in terms of profitability.
        Bloomberg Business News  -  408 words
      • Article
        Carlton Intl buys Melbourne hotel, may have paid A$63m
        363 21  -  From Florence Chong in SYDNEY CARLTON International, controlled by the Hongkongbased Li Dak Sum. has bought a Melbourne hotel at a price believed to be AS63 million (SS69 million). Dr Li. who owns the Carlton Hotel in Singapore, has two hotels
        363 words
    • FINANCE & COMMODITIES
      • SMALL CHANGE
        • Article
          Lock icon Japan's interbank rate at 2-week high
          64 22 Bloomberg Business News TOKYO Japan's benchmark interbank interest rate rose to a two-week high as banks scrambled for overnight loans in anticipation of the large withdrawals that typically come with the financial year-end today. The median unsecured overnight call rate. Japan's benchmark short-term interest
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Deutsche Bank profit to hit 5.2b marks
          66 22 Reuter FRANKFURT Deutsche Bank's group 1993 operating profit after risk provisions was 5.27 billion marks (554.93 billion) versus 4.55 billion marks in 1992. banking sources said yesterday. The group 1993 risk provisions were 3.29 billion marks versus 1.91 billion marks in 1992. The
          Reuter  -  66 words
        • Article
          Lock icon Imro will focus more on high risk
          71 22 Bloomberg Business News LONDON The UK fund management industry regulator Imro said in its plan for 1994-1995 that it will put into effect recommendations from the Large review of financial regulation and focus more on high investor risk businesses, the Financial I imes
          Bloomberg Business News  -  71 words
        • Article
          Lock icon Hambros sets up London mining broker
          52 22 Reuter LONDON Merchant banking group Hambros pic said it was setting up Hambros Equities UK to provide institutional broking and trading services in mining shares. The London-based company has applied to become a member ol the London Stock Exchange and the Securities and Futures
          Reuter  -  52 words
      • Article
        Lock icon Big energy loan may affect US$/M$ rate
        217 22 Knight-Ridder KUALA LUMPUR The US dollar could strengthen against the ringgit in late April when a Malaysian company starts to buy equipment from abroad to build a giant power plant. Some dealers said on Tuesday that they were bracing themselves for the time,
        Knight-Ridder  -  217 words
      • Article
        Lock icon China's 100b yuan bond issue seen as major gamble
        514 22 Reuter BLIJINCi A giant domestic bond issue planned by China's leaders this week is based on a major gamble that economic growth will provide enough tax revenue to pay investors back, economists said yesterday. From tomorrow. China will start selling 100
        Reuter  -  514 words
      • Article
        Stanchart launches no-frills private banking
        228 22  -  By Paul Leo SINGAPORE Standard Chartered Bank is aiming a new service at the 20 per cent of local bank users who require international facilities. Stanchart's Personal Banking International service offers customers the flexibility of tapping any of the group's seven PBI centres around the
        228 words
      • Article
        S'pore-based banks join US$1.2b global loan package
        217 22  -  By Soh Tiang Keng SINGAPORE Seven Sin-gapore-based banks have joined 14 other banks and the International Finance Corp to arrange a USSI.2 billion (SSI.9 billion! paekage of loans for Thailand's Star Petroleum Refining Company. The loans, with maturities from 10 to 13 years,
        217 words
      • Article, Illustration
        Lock icon Cross of protest
        49 22 Reuter MANILA A Filipino activist carrying a mock cross during a rally at the Central Bank in Manila on Tuesday to oppose an economic programme being worked out by the Philippines and the International Monetary Fund. The IMF's focus is economic stability ahead of growth. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Credit Lyonnais' former chief hits back at critics
        229 22 Reuter PARIS Former Credit Lyonnais chairman Jean-Yves Haberer complained on Tuesday that he had been lynched b\ the media and demanded an official inquir\ into the huge losses reported last week by the slate-owned bank. Mr Haberer. who was replaced as chairman
        Reuter  -  229 words
      • Article, Illustration
        Lock icon Pakistan, S-E Asia expected to reduce soybean imports
        593 24 Reuter SINGAPORE Soybean purchases by South-cast Asia and Pakistan may tall slightly in 1994 after years of heady growth hut long-term demand remains positive, a US industry official said. "We are very positive about utilisation increase in Southeast Asia." said James Echle.
        Reuter  -  593 words
      • Article
        Lock icon Thai power plants to switch to low-sulphur fuel oil
        452 24 Reuter SINGAPORE Mounting environmental concerns are forcing Thai power plants to switch to lower-sulphur fuel oil. state Petroleum Authority of Thailand (PTT) sources say. "Power plants in Bangkok will use 2 per cent sulphur fuel I oil. and plants in the
        Reuter  -  452 words
      • Article
        Lock icon Myanmar and Canadian firm Ivanhoe sign copper agreement
        327 24 Reuter YANGON Myanmar's Number One Mining Enterprise and a subsidiary of Canada's I\anhoe Capital Corporation have signed an agreement to develop the country's largest known copper reserve. The desert-like site at Monywa in north-central Myanmar is known to contain at least 300
        Reuter  -  327 words
      • Article
        India wants big role for private firms in oil sector
        282 24  -  By S N Vasuki SINGAPORE India wants the private sector to play a significant role in oil exploration and refining activities to meet the burgeoning demand for petroleum products. Petroleum Minister Satish Sharma said in Singapore yesterday. Addressing a conference
        282 words
      • Article
        Lock icon Indonesia will reduce dependency on oil receipts to cope with falling prices
        347 24 Reuter JAKARTA Indonesia has warned it v\ ill face tough challenges in the 1994-95 fiscal year starting on April 1 hecause of falling oil prices. "Certainly the developments in oil prices do not make us happy. Therefore our
        Reuter  -  347 words
      • Article
        Lock icon China moves to modernise gold industry, seek investment
        184 24 UPI BEIJING China will move to modernise its traditionally secretive gold industry seeking further foreign investment and more modern mining techniques. official media reported on Tuesday. Jiao Zhi. president of the Ciold Administration Section of the State Metallurgical Industry. said the main
        UPI  -  184 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        133 24 ALL else kept the status quo yesterday as the market focused on the USS/yen with a negative view over the Japanese stimulus package and fears of fund repatriation for the Japanese fiscal year-end. Rumoured sales of USS by funds and Japanese corporates pushed the USS/yen
        133 words
      • Article
        Lock icon London
        191 24 Bloomberg Business News LONDON The dollar was little changed here against the yen and deutschemark yesterday after a drop in US Treasury bond prices knocked it from its highs. Since Tuesday. US 30-year bond yields have risen more than 10 points to as high as 7.1 per cent as
        Bloomberg Business News  -  191 words
      • Article
        Oil prices up as focus shifts away from Opec gloom
        168 24 Bloomberg ENERGY REPORT SINGAPORE Oil prices in East Asia were slightly higher as traders switched their focus from last weekend's Opec meeting to regional supply and demand. Petronas, the Malaysian state oil company, reportedly sold a cargo of Labuan to
        168 words
      • Article
        Lock icon New York
        91 24 AFP NEW YORK The dollar rose against other major currencies except the Swiss franc here early yesterday in a nervous, slow market ahead of the long Easter holiday weekend. Gold rose 80 cents to U*****.80 an ounce from its Tuesday close. At about 9:40 am (1430 GMT), the
        AFP  -  91 words
      • Article, Illustration
        Untitled
        1494 24 /Itklt -'umhu*/ uuk ttikuldkxl (IQINhf V/%«U*\ f«y> HiiJtMt IkliiHtr* Hum /W US$/S$ forward rates Noon Mar 30 Bid Offer 1-monlh I >*>84 I 2-nnwilh I l.jb'W Vmonih I.5M4 I 56'W 6-monlh I jft'T I y.>c S•«(.<- (H Ut Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Mar 30
        1,494 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end mixed in thin activity
        1407 25 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures closed mixed after trading within a tight range yesterday. Dealers said activity was quiet with market participants sidelined ahead of US March non-farm payroll data on Friday. A dealer with a US bank said Eurodollars had been
        Reuter  -  1,407 words
      • Article
        KL tin slips four sen to M$14.40
        653 25 COMMODITY REPORTS Tin TIN closed four sen lower at MS 14.40 per kg yesterday after a lower London market prompted initial high offers, traders said. Traders noted an opening offer of 73 tonnes against hid of 54. Final turnover was 64 tonnes, against
        653 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japan's zinc smelters face more cuts
          136 25 TOKYO The failure of European producers to curtail zinc production may force Japanese producers to reduce output beyond the 10 per cent already being planned for fiscal 1994-95 (April-March), or even to close a zinc smelter, according to industry sources. Japan's total production of
          136 words
        • Article
          Thai steel plant to start production
          107 25 TOKYO Sahaviraya Steel Industry Co Ltd of Thailand is set to bring a new 135.(KXMonne-a-year galvanised steel plant on line on April I. a company official said yesterday. The plant, located in Bang Sabhan in southern Thailand, will initially produce* 2.000 tonnes of galvanised
          107 words
        • Article
          Japan's Feb copper exports down
          99 25 TOKYO Japan's customs-cleared exports of copper cathode and sections of cathode totalled 11.451 tonnes in February, down 32.3 per cent from February 1993. according to figures released yesterday by the Ministry of Finance. Exports of zinc were 2.960 tonnes in February, down 9.7 per cent
          99 words
    • Article
      COMMODITY PRICES
      1479 25 Rubber Singapore Commodity Exchange (futures closing as at lpm) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Apr 94 151.75 450 May 154.00 153.50 153.75 550 2.975 Jun 154.25 7.050 Jul/Sep 154.75 154.75 154.75 150 5.025 Oct/Dcc 156.50 155.50 155.50 1200 5.775
      1,479 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        991 26 -8.4 \ustralian shares closed lower yesterday but only after clawing back sharp losses in morning trade triggered by big falls on Wall Street, brokers said. Investors were heartened by the improving bond market. Reserve Bank of Australia governor Bernie Fraser's positive comments on interest rates and current account data
        991 words
      • Article
        Manila
        574 26 +8.37 Share prices closed slightly higher despite profit-taking which pared early gains, brokers said. The Philippine Stock Exchange composite index climbed 8.37 points, or 0.30 per cent, to close at 2.711.50. The index was also up nearly 2 per cent on Monday and 0.55 per cent on Tuesday. Profit-taking
        574 words
      • Article
        Taipei
        567 26 -11.84 Taiwan share prices closed slightly lower in sluggish turnover after a day of narrow trade as investors stayed on the sidelines. made cautious by falls on Wall Street and other Asian markets, brokers said. The index declined 11.84 points to end at 5,320.06. Turnover slid to NT530.86 billion
        567 words
      • Article
        Seoul
        368 26 -9.94 Share prices on the Korea Stock Exchange fell about 1.1 per cent because of concern that a government anti-inflation drive will force financial institutions to sell more blue-chip shares. The government announced vesterdav that consumer prices have risen a sharp 3.3 per cent so far this year. Dealers
        368 words
      • Article
        New Zealand
        298 26 •39.32 New Zealand shares ended sharply lower in line with overseas trends as investors re-as-sessed fixed-interest alternatives following the sharp rise in interest rates over the past few weeks. Higher rates in particular were largely responsible for weakness in high-dividend yields stocks like Telecom. Adding to Telecom's woes
        298 words
      • Article
        Bombay
        48 26 -1.33 Indian stocks closed mixed despite efforts by the country's biggest fund manager to shore up prices in the closing minutes, traders and analysts said. The Bombay stock exchange index dropped 1.33 points to 3.778.35. The national index fell 3.90 points, or 0.21 per cent, to 1.825.24.
        48 words
    • WORLD STOCK MARKETS
      • Article
        London
        589 26 -31 Shares on the London Stock Exchange closed lower yesterday amid concern about the political future of Prime Minister John Major. The blue-chip FTSE 100-share index closed at 3,092.4, down 31.0 points. The narrower FT-30 index closed at 2,445.5, down 24.6 points. Trading volume was 760.2 million shares at
        589 words
      • Article
        Paris
        176 26 -39.57 French stocks declined as concerns the US will raise interest rates to dampen inflation outweighed the German Bundesbank's cut in a key money market rate, traders said. The CAC-40 index of French blue chip stocks fell 39.57 points to close at 2.083.87. Financial services company Compagnie Bancaire SA
        176 words
      • Article
        Stockholm
        95 26 -3.71 Swedish stocks closed lower for the 11 th straight day, but losses were cut dramatically in late session as interest rates reversed direction and fell. The 30-sharc OMX Index ended 3.71 points lower at 1079.33. recovering 2.3% from its intraday low of 1054.79. Volume was high as 15.9
        95 words
      • Article
        Frankfurt
        173 26 +4.27 German stocks closed the post-bourse trading session higher as German government bonds followed a rise in US Treasuries. The rise in bond prices, and hence decline in yields, indicate investors believe interest rates will be lower than they previously anticipated. making stocks more attractive relative to fixedincome investments.
        173 words
      • Article
        Milan
        180 26 +288 Italian stocks gained 2.6 per cent, lifted by renewed confidence a right-wing alliance led by Silvio Berlusconi will be able to form a government after its victory in national elections earlier this week. The stock market's Mibtel Index rose 288 points to 11,199. Among major shares, Assicurazioni Gcnerali
        180 words
      • Article
        Amsterdam
        220 26 -2.19 Dutch stocks closed lower but off their lows amid continued nervousness over higher interest rates, traders said. The Amsterdam EOE Index, composed of the 25 leading shares, traded briefly below the psychological support level of 400. the first time since mid-Decem-ber. But after touching an intraday low of
        220 words
      • Article
        Zurich
        262 26 -12.9 Swiss stocks fell yesterday, brought down by US markets and a weaker dollar, traders said. The Swiss Market Index, or SMI, which tracks the top 22 blue-chip stocks, lost 12.9 points to 2.814.5. with 16 stocks falling, one unchanged and five rising. Analysts said export-ori-ented stocks, which derive
        262 words
      • Article
        Toronto
        304 26 •52.21 Canadian stocks fell 1.2 per cent as interest rates rose as the dollar fell yesterday, renewing concern that investors will keep shifting money to bonds and other debt securities. The Toronto Stock Exchange 300 Composite Index was down as much as 52.21 to 4,341.40 with some 46.4 million
        304 words
      • Article
        New York
        752 26 -34.26 The Dow Jones industrial average, which plunged 63.33 points on Tuesday, was down 34.26 points to 3.664.75 at 11 am EST yesterday. The New York Stock Exchanges "uptick rule," which restricts computerguided sell programs to help stabilise the market, went into effect at 10:11 am EST when
        752 words
      • Article
        Untitled
        1010 26 Britannia Funds Merlins t ash Bid (Mrr Mini ap Ffcposit h-K" 'it Mim Jerses (,ih 0 1i>>0 0IW2 Ma* Income -O-JNJO «l (WOO t SS (ash Iikimbt PlusFunJ '>•««> 10 5 VII PS S Resene FunJ 5 2*J0 5 >10 Sterling Kqui(\ Euro Performance 049*2 MM Far East Fund *2
        1,010 words
    • Article, Illustration
      Lock icon HONGKONG
      3097 27 Bloomberg Business News HONGKONG Share prices were down yesterday because of an overnight slump in US stocks, traders said. The Hang Seng Index of 33 leading stocks ended the day down 247.93 points, or 2.62 per cent, at 9.232.21. Turnover was HKS4.SO billion, compared with Tuesday's HKS4.SI billion. The
      Bloomberg Business News; Source: Bridge Info  -  3,097 words
    • Article, Illustration
      CHINA
      490 27 THE Shanghai bourse ended in active trading yesterday. The CLSA B index edged up 4.24 points to 738.96. First Pencil and Lian Hua Fibre were among the heavy losers, shedding 14 per cent and 10 per cent respectively. China Textile gained 7 per cent in the day. Turnover in
      490 words
    • Article, Illustration
      Lock icon TOKYO
      2553 27 Bloomberg Business News TOKYO Stocks fell for a second consecutive day, pulled down by declines in major exporters, profits of which are threatened by a resurgent yen. traders said. Stocks recouped some of their losses in the last hour of trading as life insurers bid up shares for new
      Bloomberg Business News; Source: Bridge Info  -  2,553 words
    • Article, Illustration
      Lock icon BANGKOK
      1708 27 Bloomberg Business News BANGKOK Thai stocks declined 0.5 per cent yesterday on concern over the impact of a special session of parliament that begins today, analysts said. Thai investors are also concerned that US-based fund managers will repatriate money due to higher interest rates, analysts said. Overall, the Stock
      Bloomberg Business News; Source: Bridge Info  -  1,708 words
    • Article, Illustration
      Lock icon JAKARTA
      1162 27 Bloomberg Business News JAKARTA Indonesian shares closed higher yesterday, led by a 10 per cent rise in shares of giant timber company Barito Pacific. The Jakarta Composite Index rose 5.15 points, or 1.06 per cent, to close at 492.373. Volume was 17.4 million shares worth 94.5 billion rupiah. little
      Bloomberg Business News; Source: Bridge Info  -  1,162 words
    • Article
      CLOB INTERNATIONAL
      1652 28 MOST ACTIVE volume Mulpha lull .NV Pronto f. k.iiminhng "MK s 1,1 Lamlmjik> Bhd VW»>4*lu \Ml>H MX V44KM*M> Kcnong BhJ 54V 16>4M>0 Fatvr CiuHip 2 H22.000 Jofcan Hk%s +>-***> Scl Died* 54V I 3 4*10 C *»rp I HI3.0(10 \liiitil\uposc l/N'VOOO Mctropkrx MX 1.7||.()00 MOST ACTIVE value ldn>
      1,652 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices rise as institutions buy blue chips
        4680 28 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark slock index rose slightly yesterday as institutions slowly picked up blue chips that I fell recently but promise earnings growth. I traders and analysts said. "Some foreigners are looking at the mar- < ket again." said
        Bloomberg Business News; Source: Bridge Info  -  4,680 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7491 29 MMN BOARD Transaction date: Mar 30 C.r <>r 1*93/94 l-ast ol Dm Last Owilr l>i» !>•» Mil Vl M Cap High Loo C umpan> Sale (UOO) llixh Low Buxer Seller C*»r N P I Mnil INDUSTRIAL AND COMMERCIAL 1440 260 t s Ac ma 930 cd -20 I5C) 050 030
        7,491 words
      • Article, Illustration
        Lock icon Shares firm on higher volume despite Wall St weakness
        1963 30  -  By R Sivanithy SINGAPORE For the second consecutive day, share prices here firmed despite severe weakness on Wall Street a move that has left some observers puzzled but optimistic. The Straits Times Industrials Index reacted to overnight news that the Dow
        Charts by Bridge Info; Source: Bloomberg  -  1,963 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      299 19 NEWS VALUE How today's news might afhxt your sltkks Bedok, River Valley to get 200 ha more of housing land (pg I) Likely to moderate or even put a lid on property priee increases in the medium to long term. Ringgit will stabilise soon: Dahn (pg It Little impact as
      299 words
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      Page 20 Advertisements Column 1
      121 20 Property at 40 Nassim Road Singapore 1025 JJndisputedly one of the most prestigious locations in Singapore. "Scarcity" an understatement for such a rare find on this island state. A sprawling undulation of more than 60,000 square feet land close to the city yet so serene and sitting on it a
      121 words
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      Page 21 Advertisements Column 1
      1250 21 ■tfLy 0 m National Australia Bank Limited MiiHlllftiil A C N *****4937 WU iWlllfll Registered Office: 500 Bourke Street, AvflfwAfl Melbourne, Victoria 3000, Australia. (All amounts are expressed in Australian currency unless otherwise stated). Balance Sheet as at September 30,1993 Statement of Profit and Loss for year ended National Australia
      1,250 words
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      Page 22 Advertisements Column 1
      583 22 SALE OF CONSERVATION SHOPHOUSES IN CHINATOWN AND LITTLE INDIA Following the earlier sales of conservation shophouses in Chinatown and Little India, 12 parcels have not been sold. They are now being re-offered to the public who are interested in purchasing shophouses for conservation in these areas. The particulars of the
      583 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      210 23 We are proud to announce the restructuring of our Group of Companies with effect from Ist April 1994. CONSOLIDATED HOTELS LTD will be known as YTC CORPORATION LTD I main holding company of the Group PENINSULA HOTEL LTD will be known as YAPINCO PTE LTD will be merged with YTC
      210 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      62 25 Big Profits start with Small M hiTlieg Straits ft Times a Classified^ Advertise In the Classified rjjjj and reach over 500,00 users who'll make your small investment turn into big profits for you. Call C.A.T.S. now where small is big. SSfl CjLTJ. RB 737-11" Infoline It costs virtually nothing to
      62 words
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      Page 25 Advertisements Column 2
      31 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 73 7-H 66 to place a quick- cjltx acting ad. 737-n««
      31 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      144 26 II Please tell me more about the Philips Pocket Memo (model 597) and Dictation System (model 670). Name NOW YOUR MEETINGS WILL NEVER END IN MID I Company Mail to: Philips Singapore Pie Ltd. Consumer Products Division. I Lorong I Toa Payoh. Singapore 1231. Tel: 350 2519, fax: 253 5774.
      144 words
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      Page 27 Advertisements Column 1
      77 27 SINGAPORE: THE HOUR GIASS Takashimaya Shopping Centre Tel: *****20/1 l.ncky /^j^W Plaza Tel: *****62/543 Scorn Tet: *****27/7198 (k-ntrepoinl Tel: *****98/ /I /#II 603 Peninsula Pla/a Tel: *****09/*****63 •Rallies Tel <*****1 1 160-World ntt M M Trade (Centre Tel: *****51/1007 Chang! Airport Terminal I (WeM Wing) Tel: *****60, Terminal 2 (South
      77 words
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      Page 29 Advertisements Column 1
      105 29 SINGAPORE: THE HOUR (.1 ASS Takashimava Shopping Centre Td: *****20/1 Luckv jAI /^yM Pla/a Tel: *****62/543 Scotts Tel: *****27/7198 Centrepoini Tel: *****98/ /A 603 Peninsula Plan Tel: *****09/*****63 Rallies Tel: *****41/1169 World n ri WJf Trade Centre Tel: *****51/1007* Changi Airport Terminal I (West Wing) Tel: *****60, Terminal 2 (South
      105 words
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      Page 30 Advertisements Column 1
      1108 30 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 Arthur Lore Partners and RAJA PARTNERS are pleased to announce that with effect from Ist April 1994, the practice of Raja Partners will merge with and be incorporated in Arthur Loke Partners. Arthur Loke Partners Advocates Solicitors Notary Public Commissioners for Oaths Agents for Trademarks
      1,108 words
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      Page 30 Advertisements Column 2
      267 30 THE COMPAMES ACT, CAP. 90 ETAR MACHINERY PTE LTD (M MEMBERS' VOLUNTARY UQUKMTKM) At an Extraordinary General Meeting of Etar Machinery Pie. Ltd. duty convened and held at t Kaki Bukit Road 2 #02-02 Eunos Warehouse Complex Singapore 1441 on Friday, the 26 day of March 1994, the following special
      267 words
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      Page 30 Advertisements Column 3
      87 30 TAN HOOON A CO. PTE. LTD. (Members 1 Voluntary Windlng-lp) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Scction 308 (2) of the Companies Act C«p 50 that the Final Meeting of the above named company will he held al 20 Kramat Lane #04-10. United House. Singapore 0922. on the
      87 words
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  • Shipping Times
    • Article, Illustration
      Cosco gets Approved International Shipping Enterprises status
      370 31  -  By Rahita Elias SINGAPORE Beijing's China Ocean Shipping Co (Cosco) is the latest company to join the list of shipowners enjoying Approved International Shipping Enterprises status in Singapore. Cosco president Wei Jia Fu said in a statement yesterday: "Establishing a shipping company under
      370 words
    • Article
      Lock icon McDermott to build ships in Russia in joint venture deals
      332 31 Bloomberg Business News MOSCOW McDermott International Inc on Monday signed joint venture agreements with a Russian company to do marine construction and shipbuilding in Russia's lar east. The joint venture agreements with Amur Shipbuilding of Komsomolsk were signed in Moscow
      Bloomberg Business News  -  332 words
    • Article
      Lock icon Aussie shipping still not competitive: report
      164 31 Knight-Ridder CANBERRA Australia's coastal shipping performance has improved in recent years but costs remain higher than comparable Western nations, a government report released on Tuesday said. "These higher costs impair the international competitiveness of Australian industry." the Department of Industry. Science and Technology said
      Knight-Ridder  -  164 words
    • Article
      Lock icon Tankers should stay far from California coast: report
      529 31 Platts-Oilgram ANCHORAGE A report released on the sth anniversary of the Exxon I aide: oil spill recommends that tankers remain 56km to 104 km off the California coast between Bodega Bay in the north and San Simeon in the south. The recommendations
      Platts-Oilgram  -  529 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        665 32 Vmd Voy Ho Bwtti Arrival Departure Vessd Voy We Berth Arrival Departure iliroas Port Alkimos RFE02 P02 31OJ 2000 0104/1200 AdrtyaPraNia M/5 alongside 3103/2300 Aiauco 5704WB POM 3003 1500 02 04/1400 Batam Murm 03,11 94 IS alongsde 3103/2300 Afktis Pride 3 P06 3103/1900 0104/1200 Batam Sayang 03
        665 words
      • Article
        CONTAINER SCHEDULES
        1645 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinj/Balance Rslts Ship Voy No Etb/Btr Period From To From Ac, jade 182B 01/1100 1A 30/1500 30/1659 30/1900 3 31/0700 31/1159 31/1400 4 31/1200 31/1459 31/1700 Ac. Lotus 050* 02/1500 3
        1,645 words
    • Article
      THE SHIPPING GUIDE
      10737 40 This is a list of ships loading at Singapore for ports around the world, it tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      10,737 words
    • Article
      SHIPPING AGENTS
      3358 45 5 ilkB( ontainerline N\: Belsin Shpg -,-Aypcics Pic Lid (SV Marine Handling Hhd (PK/PN) Vcord Group: Accord Shpg Pte Ltd •J (Sy Accord Conlr Line (PK/PN). >| Business (or pur a lion Philippine. Calsource Shpg Trdg Pie Ltd (S) Ahrenkiel Liner Senior: Kim Shpg 1 Trdg (S). I
      3,358 words
    • Article
      COURIER SERVICES
      279 45 Abacus Couriers Tel 545-8011. Fax: 545-1898 Air Express Iraid Tel: 533-5771. Fax: 535-6144 Airborne Freight C orporation Tel: 542-8844 Fax: 542-3716. *****80. AirswiA Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies A
      279 words
    • Article
      AIR FORWARDERS
      1480 45 Abex Express Freight Tel: 542-7171 Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033 Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax *****06. Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
      1,480 words
    • Article
      PORT CONDITIONS
      2465 46 ALBANIA Dtures: Five vessels discharging of which I aid. 1 bagged flour. 1 diesel oil. 1 oil in drums. 1 bagged cement, no vessels in roads. ALGERIA Bejaia: Port labourers on strike since March 7. ARGENTINA Santa Fe, Diamante: No vessels, max draft both ports 22 ft 9
      2,465 words
    • Article
      CRUISE & FERRY SCHEDULES
      222 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA E1D Ports of Calls Fort Agent Telephone No MARCH 31 31 Leisure World 1000 2015 Jakarta Cruise Lauw Sons Travel 227-8284 to Nowhere REGIONAL FERRIES Port of Call Name of V essel Agent Telephone No Sckupang (Batam) Bahtcra Express
      222 words
    • Article
      SHIP SALES & TANKER RATES
      811 46 SHIP SALES TANKER RATES ONCE again we have a week lacking in inspiration with only limited interesting sales coming to light. This situation is likely to continue next week in view of the forthcoming Easter holidays. The most notable deals reported have centred on the gas market where a couple
      811 words
    • Article
      TRANSPORT DIARY
      567 47 COURSES Title: Container Survey Duration: Apr 4-18 Organiser Port of Singapore Authority Tel: For further details/registration contact SPI at 321 1707/321-1824/321-1825 or fax: 321-1416. Title: Marine Insurance (SDF 50%) Duration: Apr 4 May 16 Organiser: Singapore National Shipping Association Tel: For further details/registration contact SNSA at 278-3464 or
      567 words
    • Article
      COCKETT BUNKER MARKET REPORT
      790 47 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
      790 words
    • Article
      DAILY FREIGHTS
      1242 47 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1.206 on Tuesday from 1.199 on March 28. Trading has been sluggish in the run up to the Easter break here, but rates generally have remained steady, brokers said. The key US grain routes have been
      1,242 words
    • Article, Illustration
      Lock icon Brighter prospects for tanker industry in the long term
      995 48  -  Doug Wolcott of Chevron Shipping talked on energy transport in the Asia-Pacific •region from an oil company's perspective at the recent Sea Japan '94 conference Doug Wolcott Seatrade Week Newsfront Energy roles in the Asia-Pacific area are shifting. China, now the
      Seatrade Week Newsfront  -  995 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon UAL's low-cost airline plan faces tough going: analysts
        607 50 Bloomberg Business News NEW YORK UAL Corp faces a dogfight in its plans to start a low-cost, short-route carrier on the West Coast, analysts say. The new airline, codenamed U2, was described in the company's financial restructuring plan that includes the acquisition
        Bloomberg Business News  -  607 words
      • Article, Illustration
        Lock icon New v old
        58 50 Reuter NEW YORK The Yolks wagon Concept 1 Cabriolet (right) is shown next to a 1966 Yolkswagon Beetle at its US unveiling in Central Park in New York on Tuesday. The car, not currently scheduled for production, has been designed with dual airbags, side impact beams and
        Reuter  -  58 words
      • Article
        Lock icon Virgin cuts fares from London to NY and LA
        233 50 Bloomberg Business News LONDON Virgin Atlantic has cut it airfare from London to New York and London to Los Angeles by £100 (*****), the Financial Times reported on Tuesday. Virgin's New York fare is now £238 and to Los Angeles, £318
        Bloomberg Business News  -  233 words
      • Article
        Lock icon Aerolineas holders approve rescue scheme
        312 50 Bloomberg Business News BUENOS AIRES Aerolineas Argentinas shareholders approved a plan to save the financially troubled airline after a federal tribunal overruled legal objections, government officials said on Tuesday. The restructuring plan involves Spain's Iberia airline paying USSSOO million (SS79O million) to increase its stake
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          Lock icon Tug collides with Japanese tanker
          93 50 AFP MOSCOW A Russian tugboat collided with a stricken Japanese tanker in a violent storm otT Nakhodka, on Russia's far eastern coast, injuring a crew member on the tanker. Itar-Tass news agency reported on Tuesday. The Russian vessel, on its way to help the tanker,
          AFP  -  93 words
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          Lock icon Swan Hunter sale being finalised
          85 50 Bloomberg Business News LONDON Price Waterhouse. receivers to UK shipbuilder Swan Hunter, said they "very close" to a conditional sale of the shipyard to France's Constructions de Mechaniques de Normandie. the Financial Times reported on Tuesday. CMN team leader Fred Henderson said he hoped a
          Bloomberg Business News  -  85 words
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          Lock icon Kvaerner's Indian deal worth US$47m
          94 50 Reuter OSLO Norwegian engineering and ship-building group Kvaerner A/S said on Tuesday that its share of an Indian hydro-pow-er eontraet awarded to a European consortium was worth about LSS47 million (SS74 million). On Monday, ABB Kraftwerk AG, unit of Swiss-Swedish engineering group ABB Asea Brown
          Reuter  -  94 words
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          Lock icon Kuwait, Indonesia sign air accord
          71 50 Reuter KUWAIT Kuwait and Indonesia signed a civil air transport accord providing for more flights to Jakarta by state-owned Kuwait Airways Corp (KAC), a KAC spokesman said on Tuesday. The airline at present flies to Jakarta twice a week. Under the agreement signed in Kuwait
          Reuter  -  71 words
      • Article
        INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
        840 50 Page Col ABC Containerize 12 5 Accord Group X 1-3 Ahrenkicl Liner 4 1/2 •APL 5 3-5 Appcnship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. 1 he 9 5 Batamindo 7
        840 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1711 50 Ctt* FM* ET* FMght ETD_ Cftjr FfcX ET* n** §TO_ Abn DkaW GF146 1120 GF147 1850 tmn SRI83 2105 GA985 1435 flinihm SQ803 2045 SQ804 1145 Adelaide Qf81 1925 QF82 2055 Htm* VN741 1310 VN740 1410 SQ228 1955 vil89 3 1810 MI894 1430 Amsterdam KL843 0505
        1,711 words
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        Lock icon Lockheed to slash 2,000 jobs from its aeronautical unit
        436 50 Bloomberg Business News CALABASAS, California Lockheed Corp said its Geor-gia-based Aeronautical Systems unit will lay off more than 2,000 people by the end of next year, reflecting further phase-outs of Pentagon programmes that had been its mainstays. The job cuts, scheduled
        Bloomberg Business News  -  436 words
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      Page 31 Advertisements Column 1
      134 31 LAW PAGE Every Thursday in Business Times jfl Pr X ifc BrT' M Ifggf? r--<^ 4- vniMk, 5< -I v -j v >- .< .x ~^,i-. v 4 "Vv w w w .x- < j 'VinT V li, <K^«iir-'''.X _.::4 £*'Vl~'iV!^l?j^^^^^^^^^^H /> SIpS f > &*I" y ,)>, VW; 1
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      Page 31 Advertisements Column 2
      26 31 the FAMOUS /*"•<> Ipa/aiBO piI.HIUI* 1M 1133 I For more information please refer to Pg. 13 Prospects for tanker market, Page 18 Index to advertisers, Back Page
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      Page 32 Advertisements Column 1
      429 32 TSKUNE AGENOES (S) PTE. LTD. rI 1 T7 W wm-rp Tel: 226-3363 HHM J. 3«JY# IJIM rl Fax: 226-1972/3 w Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 1 EffCBTS TO HflHfiKflHfi. IWftj. TMM* tItfMI "tWtt WEEKLY" 1 oemm m m kt 1 m I >m mi
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      Page 32 Advertisements Column 2
      1340 32 ij^i»^i^^.i»mTO«Mmwy it T-'T B H i i i-l S !Ki 4 si "ii Hi Hi Hi "ii ii *?i sssr* p.:& >" si »J >« "JUmwi ■™H" WI U 111 I JWI kti WO MMSflllS 102 015* 114 30 4 45 55 75 105 13S 13S 175 lIS 19,5 w>!«»«
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      2194 33 ?^S??1^ E FA)< D 13 9 ,42 ,NE SH,PP,NO AQENC,ES PE^UNG B JA^^L A O1"56 C 7776°F^X B *M-*****42 TOTEL *****55 ~NWARD„32OO39O (OUTWARD, TEL CFS TEL *****6 SWM BOOKINGS TEL: *****80 *****81/ *****82 p aIinANR TFL *****2/3 F ***** (OPNS) CFS (PSA F5) TEL: *****21/ *****79 FAX 07 *****9 CUSTOMER
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      Page 33 Advertisements Column 2
      2511 33 ■UliViHiHiHlfl# SAILINGS TO HONGKONG/TAIWAN/ JAPAN/KOREA/CHINA SL DEVELOPER V.202E ETA SIN 4TH APRIL 1994 MARIE MAERSK V.9404 ETA SIN STH APRIL 1994 LUNA MAERSK V.9408 ETA SIN 6TH APRIL 1994 Vmm< Voy ETA ETD Faedered By SL«- 4 destinations ETA ETA ETA Thn wmk marie maersk v 940« cr 05 04
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      1567 34 aqaba roam/ lI also accepting from VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A'WERP HAVRE WEST MALAYSIA KATSURAGI 20/112 31/3 16/4 19/4 17/4 Port Keiang. Penang KITANO 24/312 2/4 11/4 16/4 20/4 23/4 25/4 27/4 Pasir Gudang KAMAKURA 33/113 6/4 23/4 26/4 24/4 EAST MALAYSIA pwn
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      Page 34 Advertisements Column 2
      668 34 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, Alma Ata North Korea Vietnam t Mongolia Hungary CSFR_e_Poiand FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned America V 2084 6/4 12/5
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      1174 34 r« —p NORASIA SEA NORDIC 413* 07/04 27/04 30/04 01/05 02/05 03/05 04/05 05 05 06/05 0B 05 I NORASIA SUN 9414-3 15/04 04/05 07/05 08,05 09/05 10/05 11/05 12/05 13/05 IS/05 I NORASIA PEARL 9415-3 20/04 11/05 14/05 15/05 16/05 17/05 IS/05 19/05 20/05 20/05 I NORASIA PRSOCESS 9416
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      1825 35 M STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line SSIHIBSIBBfiIiUIBM K (A SERVICE OF CHINA NAVIGATION CO) out MERUBI VO4C MR. Stun. Taw 29-30 Mar In PI 01 *p» FCL, LCt CONTAINER AMD BHEAKBLH.K SERVICE TO PAMJA
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      Page 35 Advertisements Column 2
      2934 35 W\ SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd I tVI W 1 iIIBII 1 MlUl 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Te) 22g 2233 Te(ex Rg 34g64 PNOCSP Fax; 225 5327/222 7517 fT, CR Number **********0Z EXPORT IMPORT WO¥ -PMO "PKO MM totl &MT DOT HAM
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      8 35 COLOMBO WEEKLY L.C.L. SERVICE TEL: *****26 FAX: *****27
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      35 35 VESSEL ETA ETD DESTINATION SOMQ TKN 02 It/M IS/M MO CHI MMH NHUT TAO 31/03 04/04 NO CM MMH MjJKT TO INDUCEMENTS VIETHONG SHIPPING PTE LTD TEL: 225 1511 FAX: 225 0633 TLX: R*****1 VIETHK
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      659 36 GENERAL AGENT C R NO *****81-***** 43rW EKA JAYA AGENCIES >plir TEL: *****22 (8 LINES) FAX: *****05 > SALES REPRESENTATIVES IN CHARGE MYANMAR TRADE PAGEB I MANOPWOWE/DW£CT WILLIAM WEE UHC2I 7a«IH/tttW« MAM i HO CHI tmtm CITY HEMiYHot ai—imm/iM-m > KELVIW CHAW 1119*23 MHTB/tttta? 'J ►TO BEMI CONTAINER C" SERVICE
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      Page 36 Advertisements Column 2
      1644 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DO cU^ E NT I s rna uri CM l||K Ulll VI VM( pQ| fDK VSI SM UNI HAUL SAV Ul NYC HANMN HAMBURG 017E l 4 OHECT 22/4 23/4 24/4 HAMJM HAMBURG 017E 1/4 KEHUNG 047E 5/5 S/5
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      Page 36 Advertisements Column 3
      1158 36 I 1 J luT.l I I I 1 In w in we nc w wi oa K' an iro uu ck w wc in mw mm w *c no cm m ser I IMIUHM2 7/4 12/4 14 4 154 114 19/4 »4214 22 4 23/4 5 5 17/5 115 20
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      Page 37 Advertisements Column 1
      2565 37 'NEPTUNE ALEXANDRITE WW ETA sgp 05/04/94 II H ggL II ETA RDM 21/04/94 FLX 23/04/94, BRE 24/04/94 II •II II *R1 Connecting California Pegasus Voy 2* In HUG 23/04/94 ■I 2r U *R2 Connecting California Jupitar Voy 72E In HK6 30/04/94 *R3 Connecting Neptune Cyprlne Voy OK In NKO 07/09/94
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      Page 37 Advertisements Column 2
      1203 37 A MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697
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      Page 38 Advertisements Column 1
      1637 38 44 AS AGENTS t" LINE (SIMGAPORC) PTE LTD (CR NO **********0 M GST REG NO 112 *****99 6) T TEL: *****77 TELEX KAWAKI R*****5 FAX: *****16/7/8/9 I W T ltX MALAYSIA "I" LINE MAMTME (MALAYSIA) SON BHD I Mm J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU
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      Page 38 Advertisements Column 2
      747 38 ©APPENSHIP /9\ HAMBURG ITTI CONVENTIONAL A INDEPENDENT LINER SERVICE Z', EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE/LOADING FOR SUMMER SZE 14/03 BREMEN 18/03 SPORE 26/04. BKK FRUITION KLA 28/03 ANT 05/04 SPORE 05/05 BKK LORE LEV HAM 23/03 ANT 28/03 SPORE 28/04 BKK. LAEM KOALA
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      Page 38 Advertisements Column 3
      374 38 GOLDEN LINE LftJV GUAN GUAN SHIPPING iCSsXA (PTE) LTD 1 23. TeM »y Strnl SWMPORE 0104 TEL *****11 (II UNES) Fn *****04 (C* No 101M*****06) »TKAIT«/m>»IAW GULF OEHVICK S pore P Krlang Penang 60UXN SIM ftaracN Dub* TI N ftpr IMH OACE Much Dub» I II CHINA IMTICI GOUKN NONDU
      374 words
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      Page 39 Advertisements Column 1
      932 39 PACIFIC INTERNATIONAL LINES (PTE) LTD] BTmJ 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I mm CR NO *****6 *****E j VESSEL VOY SM CMB JIB JED AQJ ADE HOC PZU ASA |> KOTA WMAYA WJAO39 5/4 9/4 15/4 17/4 20/4 IS/4 20/4 22/4 25/4 K ICOTA BE RAW BRNOOI
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      Page 39 Advertisements Column 2
      626 39 VESSELS VQT HAMBURG ROTTERDAM ANTWERP IHMS HHWK nu M VIGA M32W 31/03 22/04 24/04 5°4 2</0< 21/0* KU K VESTA 7432W 04/04 01/05 03/05 04/05 05/05 0«/05_ VR.LE DC TITANA TO3W 12/04 05/05 0?/05 0»/05 00/05 >0/05 WILE DC TUCMM UO3W 12/05 >4/05 >5/05 10/05 >7/05 •M.SO ACCEPTMG CARGO 10
      626 words
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      Page 39 Advertisements Column 3
      876 39 MR> MYANMA WHHk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI( Pen P.Gdf RUVAI HUOHU 4 b Apr HPA-AN N2OIR 8/10 Apr PAGAN V2O9K 15/17 Apr MALAYSIA AGENTS BOUSIEAD SHPPWG AGENOES All: Ttl 03 *****00 Ml IU 03 *****67 PEN TEI 04-41(135 PGD TU 07 *****1.4
      876 words
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      1069 42 )&=|??'](%[|$&'-<@,")>/>+[}:";$ DIRECT BREAKBULK/CONTAINER SERVICE TO MANILA MV. "OCEANIA EXPRESS" VOY 94 ETA 13-4-94 (HEAVY LIFT AVAILABLE UP TO 50 TOWS) Singapore SEAWAY SHIPPING PTE. LTD. £1 MirHWI i GENERAL AGENT NATWEST CENTRE *1503 SPORE 0106 TEL *****33 FAX 2263*53 TLX R*****8 PORT «LANG GttfSHP ACENCKS SON M TEI 03 *****70/1
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      Page 42 Advertisements Column 2
      178 42 TO AUSTRALIA/NEW ZEALAND [wi 1 s«. I ft«» I I r a w MTHEWCN 325* 14/4 M/« »/4 i/S 1ELLEN HUDK 32* l«/ 4 23/4 M/« ,/S MUSSEL 327 57s ITTs n/5 20/5 2VS MMTH* I«T 2*75 t/t t/« 14/t t7/« Vl* AUCKLAMD TO USA/CANADA Jsi S«i GuHpart ChJrWltan PMMMptu
      178 words
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      Page 43 Advertisements Column 1
      639 43 <&. FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 2/4 ROTTHIDAM 3/4 AARHUS/COPENHAGEN 2/4 HAMBURG/BREMEN 3/4 MARSEILLE/FRANCE 4/4 FELIXSTOWE/UK 3/4 BARCRONA/SPAIN 1/4 LEHAVRE/FRANCE 6/4 GENOA/ITALY 4/4 ANTWERP/BELGIUM 3/4 LOS ANGELES/WC/IPI 3/4 SYDNEY/MELBOURNE 2/4 NEW YORK/EC 3/4 FREMANTLE/ADELAIDE 1/4 VANCOUVER 6/4 BRISBANE
      639 words
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      Page 43 Advertisements Column 2
      1641 43 I i P^^MBCBZPZEMMMMM |m i 111I 1 1 i!■ fe V S VESSEL VOV 8M PEN Mm ■js IBWA BMUM -Iss 1 DEJA BHUM 4553 Fri 1/4~ Sat 2/4~ VESSEL VOY SIN BKK BHATRA BHUM 23S Sat 2/4 Tw 5/4_ THANA BHUM 33N Fri 1/4 Sun 3/4 VIRA BHUM 14N
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      Page 44 Advertisements Column 1
      1569 44 ILAfIMN CONTAINER LINES, INC I ~NVV~I A B« nU: MAC-NILS SPORE: *****22 (24 UNES) v Jc/wm« 111 StBU (064) *****9 KUCHINQ (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/MEEK PEN
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      Page 44 Advertisements Column 2
      68 44 50 TELOK BIANGAH ROAD #02 02 CITFORT CENTRE. STORE 0409 TEL: *****11 (6 ines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY. HA ETD DESTINATION lUMANA 06/94 31/3/94 31/3/94 OREBON/SEMAJtANG LMAMU 10/94 1/4/94 2/4/94 PONTIAIIAK/SWTETE KAGURI 10/94 2/4/94 3/4/94 PALEMBANG/PK. BALAM MUNTOK (FAC) ISABELA 10/94 4/4/94 5/4/94 BELANAN
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      Page 44 Advertisements Column 3
      219 44 I SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD ii« tut in SPOtt Pail Ml AUG PfNMK M INK 10 4 lOidMlg to# Mdk RUVM NUONU IS Do tinging jnd lo<Kkfig toe Bomtui OOIPHH 20 4 loading lot Mai<? nOKtl Sum Ml 16 4 loading For UMCIDH SAMO Loading
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      Page 44 Advertisements Column 4
      1060 44 XL THONG SOON LINES PTE LTD 1 I /W\ SHENTON WAY #10-01, SINGAPORE 0207 I I V/ V/ TEL: 227-5088 FAX: 227-6011 I I .jH 2-1 T LX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL tor S'POIE PEST VESSEL |VOY S PORE IPEST EQUATOR
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      19 47 nv* TKTECHTOE To avoid stalemates, try some fresh strategies. Innovation Technology. Every Thursday. \aa«K9 Business Times WE KNOW ASM
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      Page 47 Advertisements Column 2
      47 47 I rvcbjby! f I CAFETERIA, I I Maybe gob chance,-this 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 Pre** Holding*
      47 words
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      Page 48 Advertisements Column 1
      484 48 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA LHOTSE 9401N 01/04 (FRI) 09/04 (SAT) LHOTSE 9401 AN 04/04 (MON) 09/04 (SAT) "J™ VIGOUR PACfIC 9415N 08/04 (FRI) 16/04 (SAT) FRI) MOf )AT VIGOUR PACFIC 9415 AN 11/04 (MON) 16/04 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE I
      484 words
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      Page 48 Advertisements Column 2
      161 48 Gfi AMY ON HOLIDAYS WHEN YOU SHIP WITH US ,iKI CONSOLIDATION SLRVICES ITt LTD H| (Jtl LfanSaU w b MOUSI 37 l>uxt<>n Hill bln<tap*>rf 020H U I 22 5H332 IMX 224 3343 PT BAHARI HALUAN SAMUPERA Weekly COMMON FEEDER SERVICE VESSEL VOY gjarog POUT KELAN6 BCLAWM TAMBANG VIII 1018 04
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      Page 48 Advertisements Column 3
      174 48 I iLcoscol UKC CONVENTIONAL SERVICE VESSEL PKL PNG PG LOADING FOR: A VESSEL 28/03 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G. LOADING FOR: A VESSEL 15/04 20/04 Huangpu/Guangihou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
      174 words
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      20 48 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. BusinessDmes mmmmmi
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  • Page 48 Miscellaneous
    • Miscellaneous
      Page 48 Miscellaneous Column 1
      681 48 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 2.9 3.2 3.1 2.8 2.1 1.4 0.1 0.4 0.2 0.2 0.5 1.1 2.0 2.5 2.7 2.7 2.4 IS 1.3
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      Page 49 Advertisements Column 1
      941 49 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PNA* PKE* PGP* VtSStIS VOY I SIM I HTM WW* LEH* HAM BBCj FEL 23/03 25/03 26/03 NOR FRBOURG 310*1 04/04 22/04 23/04 25/04 23/04 23/04 26/04 30/03 01/04 02/04 H CHALLENGER 309W 11/04 30/04 01/05 03/05 01/05
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      Page 49 Advertisements Column 2
      510 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VESSEL »Ot Sf PI MC U NMCE mm »S« 12 4 11/4 14/4 |«/4 cumm TtAKI »l 4/4 1/4 KdSNM *27 11/) 1/4 4/4 1/4 TIUS UTI HI 1/4 MAKE SAT tl? 14 MR 12/4 UM RIM M 4
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      Page 49 Advertisements Column 3
      1039 49 —IHeIH I I VtSSEL VOY |SM ETA/0 I LAI OAK lew I DAL MEM/COL I HOU I NYC NOR GEORGE WASHW6TON BRPGE 77A 07-04 04 24/04 26/04 27/04 21/04 2«/04 23/04 29/04 30/04 ALLIGATOR PRPE 50A 14-15/04 01/05 03/05 04/05 05/05 05/05 06/05 06/05 07/05 IQRY HUDSON BRPGE 74A 21-22/04
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