The Business Times, 6 April 1994

Microfilm: NL19091
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times W EKSOII ASIA MITA(P) 010/12/93 Wednesday April 6 1994 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Brent crude oil futures soars
      56 1 Bloomberg Business News LONDON Brent crude oil futures prices soared more than USSI a barrel yesterday on London's International Petroleum Exchange. The price surge reflected Monday's price jump in New York, brokers said. In trade on the New York Mercantile Exchange, crude oil futures surged
      Bloomberg Business News  -  56 words
    • Article
      Lock icon Italy's Berlusconi halts government talks
      63 1 Reuter MILAN Media magnate Silvio Berlusconi yesterday said he was halting all talks on forming Italy's next government until President Oscar Luigi Seal faro had nominated a new prime minister. His announcement followed another attack from his electoral ally Umberto Bossi of the Northern League
      Reuter  -  63 words
  • Article
    MARKET SUMMARY
    157 1 Stock market indices Tuesday Change STII 2,061.49 +22.37 KLSEComp 939.31 +10.98 Nikkei 19,563.21 +440.99 Hang Seng closed SET Index 1,201.95 +5.77 Jakarta Comp 480.96 -5.43 CLSA China B closed Aust All Old 2,050.0 -3.1 FTSE 100 3,116.2 +29.8 Tuesday Previous 2 pm dose Dow Jones 3,654.10 3,593.35 Average
    157 words
  • Article, Illustration
    Lock icon Economists expect lower inflation this year than the government
    741 1  -  By Anna Teo SINGAPORE Economists appear to be more optimistic than the government about the impact of the Goods Services Tax (GST) on inflation. While official projections say the Consumer Price Index (CPI) is unlikely to top 5.5-6% this year, economists
    Source Crosby Research Ltd, Datastream  -  741 words
  • Article, Illustration
    Lock icon Wall Street surges as long-bond yields sink
    361 1 10 per cent. Reuter, Bloomberg Business News NEW YORK The Dow Jones Industrial Average yesterday staged its biggest rally within the day in more than three years as concerns about inflation eased and bond yields declined from their highest levels in more than
    10 per cent. — Reuter, Bloomberg Business News; Reuter  -  361 words
  • Article
    Regional markets rise after smaller drop in US
    261 1 SINGAPORE Regional bourses rose yesterday after a smaller-than-expected fall in US share prices overnight. In Singapore, the Straits Times Industrials Index started on a positive note and ended the day 22.37 points or 1.1% higher at 2,061.29. A broker said investors had
    261 words
  • Article
    Singapore top foreign investor in Thai stock market
    647 1  -  From Loh Hui Yin in BANGKOK SINGAPORE is a major player in Thailand's economy, judging by statistics released by the Bank of Thailand, the country's central bank. It was the top foreign investor in Thai equities and was the biggest lender to
    647 words
  • Article
    Lock icon Not regulators' role to prop up stock prices, says MAS
    292 1 The Straits Times KUALA LUMPUR Investors must acccpt that stock markets are prone to sharp fluctuations, and should not expect regulators to try and support falling prices, says the Monetary Authority of Singapore's deputy managing director, Koh Beng Seng. Addressing
    The Straits Times  -  292 words
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      258 1 0 I HRI MO VIA(,LI Jfety Centrepoint #01-30 Tel: 737 4509 Paragon By Sogo #01-19 Tel: 734 9935 CONTENTS S pore News 2 S pore M m 15.16.17 Regional News 3.4.5 Financial 20.21 World News 7 Features Markets Analysis 13 Clob KLSE. S£S 24 26 Editorial 12 R««»nal 22 Sports
      258 words
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      42 1 Regional Analysis: ly* Gatt and the Asia-Pacific Editorial: Don't panic, heed the fundamentals, Pg 12 Wall Street's Monday blues, Pg 14 How regional markets reacted: Full reports, Pg 16 Fed's reaction, Pg 19 M'sian stocks set for another bull run, Pg 17
      42 words
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      8 1 Hock Lock Siew: Pg 15 Salim's unusual fund-raising
      8 words
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      Page 1 Advertisements Column 4
      182 1 The Bottom Line: Pg 14 Good opportunities in China The World's Favourite W* -W Children's V Wear. m .ss "1 M o«i ton wow ■ourwuer flr 1 HMmM T4H7MN V V w «HhnTk«#|lH MMM J TatMNi df M INhl% TatXMWB W KCW.O^*»(|Hll MWUM I SMiOMuIr mT... J**QM E !■><■■ im
      182 words
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      Page 1 Advertisements Column 5
      7 1 Making Asean markets more attractive, Pg 17
      7 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Financial services and the bull
        297 2  -  By Anna Teo EVERY 10-pcrcentage point increase in stockmarket turnover this year will add 0.5 point to the growth of the financial/business services sector, and 0.1 point to GDP, Crosby Securities estimates. According to the broking house, the phenomenal surge in turnover last year has
        Source: Crosby Research Ltd  -  297 words
    • Article
      Three principles guide URA's conservation efforts
      243 2 THREE guiding principles have enabled the Urban Redevelopment Authority (URA) to gazette thousands of buildings in Singapore for conservation, revealed the acting Minister for National Development. Lim Hng Kiang. yesterday. In all conservation programmes. the URA has had to conserve without stifling development as
      243 words
    • Article
      Application filed to wind up three Khamis companies
      310 2  -  By Quak Hiang Whai THE OtTicial Assignee (OA) has applied to the High Court to wind up three companies belonging to fugitive Moroccan businessman Elyamani Khamis. If the application succeeds, the OA will be able to wind up the Khamis affair and
      310 words
    • Article
      US cites Singapore for trade barriers
      291 2  -  Telecoms, legal, engineering and financial sectors among areas named By Genevieve Cua AMERICA'S latest annual inventory of restrictive trade practices has named Singapore for barriers against foreign participation in the telecommunications. legal, engineering, financial services and other sectors. The recently released National Trade Estimate
      291 words
    • Article, Illustration
      Swedish PM in talks with PM Goh and SM Lee
      243 2 SWEDISH Prime Minister Carl Bildt arrived in Singapore yesterday for talks with Prime Minister Goh Chok Tong and Senior Minister Lee Kuan Yew. Mr Bildt. who flew in from Malaysia, said his visit was aimed at strengthening political and commercial
      243 words
    • Article, Illustration
      Lock icon Fuelling a demand
      152 2 Photo and text by Arthur Lee WHEN YOU SERVE one million customers a week, it can be difficult to find more especially as there are only three million people in Singapore. But fast-food chain McDonald's doesn't think so it is opening its 54th restaurant here today. The
      Photo and text by Arthur Lee  -  152 words
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      Page 2 Advertisements Column 1
      138 2 Carry a Quantum* briefcase and a portfolio to work at the same time. Focus Quantum' Z. Classic Quantum' 6 Tj I |Mp^^ "S Milano Quantum' H IjT fH" his exclusive Smart Hinge is specially fitted into each Quantum* l\ }jl case to allow you to use it in two positions.
      138 words
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      143 2 AT HOLIDAY INN SUITE EXPECTATIONS ARE MET AT ONLY RM277 NETT Make your business trips more than just business With the Inn you more breakfast, free pressing for two suits upon arrival, late check-out at 6.00pm and more. You'll also J appreciate that we do not charge extra for your
      143 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon I ordered Bank Negara to stop forex trading in '92: Anwar
      449 3 Bernama. Reuter KUALA LUMPUR Deputy Prime Minister Anwar Ibrahim said yesterday he had ordered Bank Negara. in 1992, to cease trading in the forward foreign exchange market after learning that the central bank had been incurring losses. Describing the
      Bernama.; Reuter  -  449 words
    • Article, Illustration
      Lock icon PC makers lukewarm about Vietnam market
      490 3  -  By Joseph Rajendran SINGAPORE Despite the euphoria over Vietnam's trade and investment potential. PC makers both local and multinational are lukewarm. A poll of personal computer majors such as IBM, Compaq, AST, Wearnes Technology. IPC and GES shows they are treading cautiously. Except for
      Source: TDB  -  490 words
    • Article, Illustration
      Lock icon Coke leads the way at trade fair
      51 3 AFP HANOI A cop directing traffic in front of giant inflatable Coca-Cola bottles yesterday at the Vietnam International Trade Fair *94. Coca-Cola has the largest showroom at the fair. It is the first time American companies are participating in a Vietnamese trade fair.
      AFP  -  51 words
    • Article
      Lock icon Direct foreign investments in Philippines down 84pc
      202 3 AFP MANILA Direct foreign equity investments in the Philippines declined by 84 per cent in January from a year earlier as a slump spilled over from 1993. Central Bank (CB) figures yesterday showed. Investments totalled USS9 million (5514.3 million) in the first month
      AFP  -  202 words
    • ASIA NOTES
      • Article
        Lock icon Philippine team to build Hanoi hotel
        91 3 AFP MANILA A Philippine company is sending a team of professionals to Vietnam to construct a hotel in Hanoi and train its stall, a senior official said yesterday. Trade and Industry Secretary Kizalino Navarro said in a statement that the project is covered under
        AFP  -  91 words
      • Article
        Lock icon Japan's current account surplus up
        69 3 Reuter TOKYO Japan's stubborn current account surplus, unadjusted for seasonal factors, inched up to U5511.94 billion (5518.9 billion) in February from USS 11.93 billion a year earlier and US$6.B3 billion in January, the Finance Ministry said yesterday. The nation's trade surplus with the world rose
        Reuter  -  69 words
      • Article
        Lock icon Thailand closes Cambodia border
        68 3 AFP ARANYAPRATHET, Thailand Thai officials closed the border with Cambodia to all but pedestrian traffic yesterday in a dispute over stray shells which nearly levelled a Thai village. A Thai army officer said Cambodian officials attending a bilateral meeting at the border had declined to accept
        AFP  -  68 words
      • Article
        Lock icon Drop in Thai foreign investment
        113 3 Reuter BANGKOK Foreign investment in Thailand fell 27.5 per cent to 38.99 billion baht (552.4 billion) in 1993. said Bank of Thailand (BOT) spokesman Pisit Lee-atham. Japan, the third largest foreign investor in 1992, became the biggest in 1993, with investment increasing by 8.2 per
        Reuter  -  113 words
    • Article
      Lock icon Taiwan to invest more in Indonesia this year
      172 3 AFP JAKARTA Taiwan will increase investment in Indonesia by more than one-third this year in the wake of the informal visit to Jakarta by President Lee Teng-hui in February, an official said yesterday. Taipei Economic and Trade Office (Teto) spokesman David Tzou
      AFP  -  172 words
  • Page 3 Advertisements
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      478 3 I ITS A FACT. I I We're The No. 1 Selling Aircon In Singapore 8 years in a row! I 111 FACT. In the recent Survey Research Singapore's (SRS) Home Appliances Index 1993, Sanyo Aircon came out top in all the B 111 categories featured in the survey. I Use
      478 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Major US orders from China likely before MFN deadline
      445 4 UPI BEIJING China is expected to place hundreds of millions of dollars worth of orders with US exporters less than two months before the deadline for President Bill Clinton to decide on Beijing's status as a preferential trade partner. The deals
      UPI  -  445 words
    • Article
      100-strong business team from China's Liaoning exploring tie-ups in S'pore
      456 4 SINGAPORE A 100-mem-ber team from China's northern Liaoning province has brought with it proposals for more than 100 joint-venture projects. Liaoning province, which used to rely on a domestic approach to its economic development. is changing its strategy to one
      456 words
    • CHINA WATCH
      • Article
        Shenzhen tax evader jailed 18 months
        91 4 BEIJING The first tax-evasion case brought in the southern Chinese city of Shenzhen has resulted in an 18-month prison sentence for a self employed businessman, the China Daily said yesterday. The sentence comes amid a nationwide crackdown on the forging and selling of invoices
        91 words
      • Article
        Lock icon Pesticide firm fined after 650 fall ill
        80 4 AFP HONGKONG An agricultural pesticide firm in north-eastern China was fined recently after 650 students and teachers at an adjacent school were poisoned by toxic pesticide fumes. The emission of poisonous fumes from the firm's warehouse forced the Changchun No 1 High School
        AFP  -  80 words
      • Article
        Lock icon Protest against jailing of HK reporter
        68 4 AP HONGKONG American journalists joined Hongkong colleagues yesterday in protesting the 12-year prison term given to a Hongkong reporter in China charged with stealing state secrets. About 100 Hongkong reporters protested outside the Xinhua News Agency, China's de facto embassy in the British colony,
        AP  -  68 words
      • Article
        Lock icon China activist faces criminal probe
        63 4 AFP; BEIJING China's leading democracy activist Wei Jingsheng is under criminal investigation, the authorities said yesterday. "Wei is being interrogated and placed under surveillance," the Beijing Public Security Department said. The 43-year-old activist has "violated the law on many occasions and is suspected of having
        AFP;  -  63 words
    • Article, Illustration
      Lock icon Rent a dog and take a walk
      46 4 AFP BEIJING A boy with his father taking away a rented dog in Shahe, north of here, on Snnday. The rent costs two ynan (35 Singapore cents) for 10 minutes, pins a 10-ynan entrance fee to the park. AFP
      AFP  -  46 words
    • Article, Illustration
      Lock icon Balladur visiting Beijing in bid to revitalise trade
      403 4 AFP PARIS Prime Minister Edouard Balladur will start a three-day visit to Beijing tomorrow. determined to revitalise Sino-French trade. More than a year ago. a row over French aircraft sales to Taiwan cost French firms hundreds of millions of dollars in the
      AFP  -  403 words
    • Article
      Lock icon Taiwan blasts China over handling of victims' kin
      185 4 Reuter TAIPEI Taiwan's ruling Nationalist Party denounced China yesterday for its treatment of relatives of 24 Taiwanese killed in a tourist boat disaster last week. "We express regret and strongly condemn the attitude of the Chinese Communist authorities acting with utter disregard
      Reuter  -  185 words
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      45 4 jl APARTMENT LIVING I Isn't About Being I All Boxed Up. I Jl It's about turning your flat into tho homo of your draams. Interiors. Food and wino. iL^j Homo improvomont. Jp" Financial advica. R Qardoning. Colobrlty homos. f VwOHL tfi—in^—TTT nf iii '—I J
      45 words
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      Page 4 Advertisements Column 2
      140 4 Singmorine Industries limited (Incorporated in the Republic of Singapore) TO ALL WARRANTHOLDERS OF U5530,000,000 NOMINAL AMOUNT OF 1 PER CENT BONDS DUE 1994 AND 5550,000,000 NOMINAL AMOUNT OF 1 PER CENT BONDS DUE 1994 WITH WARRANTS ATTACHED SUSPENSION OF WARRANT CONVERSION NOTICE IS HEREBY GIVEN that the Register of Warrantholders
      140 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon S Korean PM apologises for Seoul's trade concessions
      382 5 Asia's reaction to Gatt Reuter, AFP, AP SEOUL South Korean Prime Minister Lee Hoi Chang apologised to the nation yesterday for the controversy over Seoul's concessions during recent world trade talks. "I am truly sorry for the failure of the government to
      Reuter,; AFP,; AP; AFP  -  382 words
    • Article
      Lock icon Police fire teargas on Indian anti-Gatt protesters
      260 5 Reuter NEW DELHI Police fired scores of tear gas canisters yesterday to stop a march to parliament by what organisers said were about 200.000 leftists protesting against the government's signing of the Gatt multilateral trade agreement. Signatories to the General Agreement on Tariffs
      Reuter  -  260 words
    • Article
      Lock icon NZ economy likely to show healthy growth in 4th qtr
      334 5 Reuter WELLINGTON Economists expect December quarter real production-based GDP data to show that the New Zealand economy had grown at a healthy pace over calendar 1993. with most forecasting an annual growth rate of just under 5 per cent. The
      Reuter  -  334 words
    • Article
      Lock icon Investments expected to surge in New South Wales
      294 5 Reuter SYDNEY Manufacturers and employers in Australia's most populous state. New South Wales, expect business investment to surge over the coming year. Two business surveys published yesterday provided new evidence that business investment. described as the longawaited missing link in Australia's economic
      Reuter  -  294 words
    • Article
      Lock icon Japan moves closer to consumption tax rise
      138 5 AFP TOKYO Japan's Social Democratic Party, the biggest force in the seven-party ruling coalition government, has moved towards conditionally accepting a rise in the consumption tax, a report said yesterday. In the SDP's policy outline on tax reform, the party said raising funds
      AFP  -  138 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      240 5 i Standard Chartered has been developing its operations in We re best known as a leading player in trade finance and group Jed 26 new issues in China and Hong Kong. you need but aiso to people who have real understanding of the China for rather longer than most banks
      240 words
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  • SPORTS
    • Article, Illustration
      Everything's just dandy for one of golf's premier events
      674 6 US Masters AUGUSTA. Georgia The Augusta National Golf Club opened its gates to the best golfers in the world on Monday and the best weather in the world happened to come along at the same time. "Look at this." said Gary
      674 words
    • Article
      Lock icon Crenshaw confident after victory
      194 6 Reuter AUGUSTA. Georgia Greg Norman is not the only player going into the Masters with confidence. Ben Crenshaw appeared to be bursting with selfassurance after his impressive v ictory in New Orleans. "I'm excited. I feel capable of winning." Crenshaw. 42. said after a practice round.
      Reuter  -  194 words
    • Article, Illustration
      Lock icon Bill and Hillary Clinton pitch on Opening Day
      668 6 AP CHARLOTTE. North Carolina On the opening day of the baseball season and the final night of the college basketball season. President Bill Clinton lived the fantasy of every sports fan he attended both events. And his dream day ended the way
      AP  -  668 words
    • SPORT SHORTS
      • Article
        Lock icon Cricket
        161 6 AFP Reuter SI CKORGK\ Grenada England's West Indian tour reached a new low on \londa> as thc> lost eight wickets lor just 25 runs to leave themselves facing defeat against the West Indies Board XI at Queen's Park. After Km ling the home side out for 313 and claiming
        AFP; Reuter  -  161 words
      • Article, Illustration
        Lock icon Golf
        146 6 AFP Reuter LYON, France Stephen Ames became the first West Indian golfer to win on the European Tour when he survived the iciest of ordeals to capture the Lyon Open here on Monday. The 29-year-old from Trinidad and Tobago where there are only two IH-hole courses beat the Australian-reared
        AFP; Reuter  -  146 words
      • Article, Illustration
        Lock icon Baseball
        62 6 Reuter NKW \ORk Major league Mondav National: Cincinnati 5 Si Louis 4: Chicago 8 NY Mets 12: Houston 6 Montreal 5 (12 innings): SI X Pittsburgh 0: San Diego I Atlanta 4; Colorado 6 Philadelphia 12. American: Boston 9 Detroit X: Cleveland 4 Seattle 3(11 innings): N\ Yankees 5
        Reuter  -  62 words
      • Article, Illustration
        Lock icon Equestrian Sports
        145 6 AP GO'I KBORG. Sweden Germany's Monica Theodorescu won the World Cup two-day dressage event on Monday with j commanding performance in the free-style test Theodorescu. riding Ganimedes. received 77.3<> points lor a technically complex free-sixle performance in the indoor Scandinavium Arena. She had a total of KM) points
        AP  -  145 words
      • Article, Illustration
        Lock icon Ice hockey
        26 6 Reuter NKW \ORk NHL Monday: Quebec 6 Buffalo 4: NY Rangers 3 Honda 2: Pittsburgh 2 Tampa Bav I: Winnipeg 2 Philadelphia 2 <OT).
        Reuter  -  26 words
      • Article, Illustration
        Lock icon Rugby
        75 6 Reuter DI RBAN, South Africa Louis Luyt. president of the South African Rugby Football Union, said on Monday England's tour of South Africa in May and June would go ahead despite the violence in the republic. Luyt said he had received assurances from English Rugby Union secretary Dudley Wood
        Reuter  -  75 words
      • Article, Illustration
        Lock icon Tennis
        117 6 AP TOKYO American qualifier David Pate, ranked No 888 in the world, knocked out Japan's top player. Shuio Matsuoka. in the first round of the USSI.2I million (SSI.9 million) Japan Open Championships yesterday. Pate, now a doubles specialist, scored a 6-4. 1-6. 6-3 victory over Matsuoka. ranked 105 th
        AP  -  117 words
  • Page 6 Advertisements
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      507 6 Molding Managers For Success The ability to use the computer for competitive advantage has reached a high. To equip you with die lastest know-how for the challenges in IT, we have specially designed workshops which will give you the leading edge. For an IT training that makes all the difference,
      507 words
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  • THE WORLD
    • Article
      Lock icon Telephone firms shower gifts on US lawmakers
      364 7 Reuter WASHINGTON Long distance telephone companies and the Baby Bells have spent millions of dollars on Capitol Hill as Congress considers bills to open up the long distance market, a private watchdog group reported on Monday. The Baby Bells, seeking a congressional okay
      Reuter  -  364 words
    • Article
      Lock icon US ignoring Japan's deregulation efforts, says Tokyo envoy
      339 7 AP WASHINGTON Japan's ambassador accused the Clinton administration of being willing to jeopardise Prime Minister Morihiro Hosokawa's deregulation efforts to get what it wants in deadlocked trade talks. The talks on cutting Japan's US$6O billion (5594.8 billion) trade surplus a year with
      AP  -  339 words
    • WORLD WATCH
      • Article, Illustration
        Lock icon Caesar would have been proud
        47 7 Reuter BELGRADE A nurse in Belgrade Zoo holding up a male baby chimpanzee delivered through Caesarian section on Monday. It was the third Caesarian chimp birth in three years, and they were all aided by doctors from a nearby maternity clinic. Reuter
        Reuter  -  47 words
      • Article
        Lock icon UK manufacturing up in March
        83 7 Knight-Ridder LONDON UK manufacturing industry activity rose last month from February, according to the Purchasing Managers' Index (PMI) released by the Chartered Institute of Purchasing and Supply yesterday. The PMI rose to its highest level in the history of the report in March, reaching 56.6,
        Knight-Ridder  -  83 words
      • Article
        Lock icon European Monetary Institute to move
        84 7 Bloomberg Business News BASLE, Switzerland The European Monetary Institute (EMI), the forerunner to Europe's planned central bank, will move into its future headquarters in BfC Bank AG's former skyscraper this month. However, only a small group of employees will initially occupy the building in the
        Bloomberg Business News  -  84 words
      • Article
        Lock icon Russian govt financing under siege
        100 7 Reuter MOSCOW The Russian Financc Ministry threatened yesterday to stop all government Financing, including President Boris Yeltsin's salary, after Parliament refused to approve a temporary spending mechanism. The Federation Council, the upper chamber, failed to approve a law passed by the lower house 10 days
        Reuter  -  100 words
    • Article
      Lock icon Investment surge boosts Russian shares, industrial restructuring
      382 7 FT MOSCOW A surge of domestic and foreign investment in Russia is boosting the shares of privatised companies and giving much-needed momentum to industrial restructuring, according to financiers. The flow of foreign funds into the country reached US$4OO million (***** million) in the
      FT  -  382 words
    • Article
      Lock icon Call for free-trade zone to solve US-Canada grain row
      269 7 Reuter WASHINGTON The best solution to the US-Canada farm-trade dispute would be an agreement to create "a truly free-trade zone in grain in North America." a key US senator said on the eve of a USCanada meeting. If such an agreement
      Reuter  -  269 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      248 7 TEH IOIE REASONS TO CHIOSE HE HE* ICCIM. The challenge was awesome. The task was to better the A CAR M IN4PORX motoring experts worldwide, winning ten awards within just fourth-generation Honda Accord, one of the most admired %OFTHE# PAD f\E six months of its launch automobiles in the world
      248 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Pax Pacifica: the alternative vision
      2403 8  -  Gatt and the Asia Pacific MAHATHIR MOHAMAD MAHATHIR MOHAMAD Mahathir Mohamad is Prime Minister of Malaysia. This is an extract of his address to the I Oth International General Meeting of the Pacific Economic Cooperation Council in Kuala Lumpur recently THE ECONOMIES represented at the
      2,403 words
    • Article, Illustration
      Will the new Gatt end all regional groupings?
      954 8  -  MAKOTO TANIGUCHI MAKOTO TANIGUCHI The writer is the deputy secretary-general of the OECD. I his article is based on a paper presented to the I Oth International Meeting of the Pacific Economic Cooperation Council in Kuala Lumpur recently WE ARE all very
      954 words
    • Article, Illustration
      Sharing the same bed, having different dreams
      2632 9  -  Apec after the Gatt Uruguay Round ROSS GARNAUT ROSS GARNAUT The writer is professor of economics at the Australian National University. This article is an extract oj his paper presented at the Pecc meeting in Kuala Lumpur recently LATE LAST year, we all
      2,632 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      209 9 A Champion's Time. A Sincere Reward. ■n' 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 of 5 arm. I a For a champion 1 ike Nick Faldo, no timepiece better expresses his
      209 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1003 10 Nothing Beats A Bud. where t w,ne and entertain F"NO or rzm FULL DRV SEMINAR PACKAGE |^tonlys4sjoope^ersof^ Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel and our excellent seminar packages. For
      1,003 words
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      Page 10 Advertisements Column 2
      263 10 'itm/vm THE ztynwrnr.^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm to 10.00pm 7* ftoor Om Unaoß Houm Cottyrr Qu» Stnpporr 0104 T d 224)912
      263 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Woodstock goes on line
      717 11  -  Evelyn Nieves tries to keep tabs on news on 25th anniversary Woodstock concerts Evelyn Nieves NYT Keeping tabs on the news surrounding the 25th anniversary Woodstock concerts is one tough job. Crocuses are just pushing up. yet planning for the two big August festivals is reaching
      NYT  -  717 words
    • Article
      Lock icon Clarke kicks up storm over arrest
      297 11 CHATTERBOX AP AP AP SOAP OPERA star Brian Patrick Clarke, who plays Storm on The Bold and the Beautifid, is suing the Los Angeles Police Department, claiming he was roughed up when he complained about his car being towed. Clarke, 41, last Friday sued
      AP  -  297 words
    • Article, Illustration
      Lock icon The eyes have it
      39 11 AFP LONDON Jeaiie Aucote from Atherstyoae, Warwickshire, elected Miss Beutifol Eyes in Loadoa on Monday, standing next to Max, the eagle owl. Sixteen-year-old Jeaiue beat 800 eatraats to wia the British Safety CoaßriTs title. AFP
      AFP  -  39 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      184 11 Surf Turf Poolside BBQ elegant alfresco dining Celebrate the euphoria that Friday and Saturday brings with dioice succulent meats and an ocean harvest grilled to your satisfaction. Friday A Saturday only 6.30pm to 10.30pm Price: Ss26.oo++*- adult) S$ 14.00++ child below 12 years QjjjjP 24 Mount Elizabeth, Singapore 0922. Td:
      184 words
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      Page 11 Advertisements Column 2
      46 11 ETheStraitsTlmes ven if you are Buskstas in Taiwan, we can still bring you our latest news. f~wlareno\^^ Grand Hotel Brother Hotel Taipei Hilton Hotel r WmMUmiMimUMmm South Asia Publications (Taiwan) i f 3/F, No. 726, Wen Lin Rd., Taipei. Taiwan, Tel: (02)835-5987 Fax: (02)835-5759 I "ggS,
      46 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1254 11 TV A RADIO I The Philadelphia Story, 10pm, SBC 12 Icy Katharine Hepburn divorces irresponsible millionaire Cars Grant. She wants to marry stodgy John Howard. Their socialite wedding comes under I threat when a magazine threat- I d^H to publish a scandalous I piece about her father. In change for
      1,254 words
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  • Article
    Don't panic, heed the fundamentals
    583 12 EDITORIAL FOR seasoned stock investors, the current nervousness in global markets is a familiar phenomenon. But for novices, in particular Singapore's million-plus new investors who entered the stock market just before the recent fabulous bull run, it may be an altogether new experience. 1993 was
    583 words
  • WHAT THE OTHERS BAY
    • Article
      Much good from shop woes
      246 12 THE GLUT of retailers and retail space in Singapore has been around for almost as long as some sales. Reports of new space and new players being added even as old players are squeezed till they squeal are not new either. In the fray, some
      246 words
    • Article
      Go regional, but cautiously
      136 12 GOING REGIONAL is now a buzzword. The Association of Muslim Professionals (AMP) seems ready for it. Recently, it announced its intention to form a holding company, Ampro Holdings, that would benefit from its already good relationship with two well-known thinktanks, IKD in Malaysia and Cides in
      136 words
    • Article
      Make better service the yardstick
      190 12 RESPONSE towards the fare hikes in public transport shows that the public is generally able to view it with a rational, accepting and practical attitude. Most people understand and accept the price increase in MRT and bus fares. The increase in taxi fares, however, has
      190 words
    • Article
      Improve laws for development
      128 12 LAST WEEK, Cabinet ministers started visiting the 27 provinces to present the budgetary authorisation documents and detailed designs of development projects to the governors for implementation in fiscal 1994-1995 which started April 1, thereby launching the Sixth Five-Year Development Plan. We should feel gratified and proud
      128 words
    • Article
      All it needs is a gesture
      144 12 CHINA'S human rights records is appalling. President Clinton has made continuation of MFN treatment dependent on progress in this field. But this is the result of congressional pressure in Washington, and the president would gladly grasp any straw which would enable him the grant
      144 words
    • Article
      Win the peace and keep Bosnia
      195 12 THE TIME to get real in Bosnia came when the concerned powers the Europeans, Americans and Russians stopped conspiring to keep their hands tied to each others'. None of the decisiveness that came in the wake of the ultimatum, including the shooting down of
      195 words
  • Article, Illustration
    Lock icon Do higher commodity prices signal growing inflation?
    1085 12  -  David Walton says the slack in the world economy with widespread high unemployment indicates that inflation alarm bells need not start ringing yet David Walton FT FOR A number of years policymakers have recognised that commodity prices may play a potentially useful role
    FT  -  1,085 words
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      42 12 Ut I V-l€_ IS NO TlßpJ>op... U£ Tqvo fv\£ "W£ TUND€RS-Tf\WD ui\Avf SOU I ,cr COWFiDGJKX .TVIpCT Me IS P>M SPO"® Noue LVJWCMT\roe Tfci-fcWG N DeRCOV£R RG&.NT fbfc CiA... TMPCT TU€. PfrßK—\£ .CifN a^>) J «MIOCWTtDMMi«UMtTI>.IWmMt DOONESBURY GARRY TRUDEAU 1 A>IAYI 1
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  • ANALYSIS
    • Article, Illustration
      Britain would do well as an EU Opposition
      1062 13  -  Neville Stack says the European Union's best interests demand that Britain play a vital role in preventing a railroading of EU issues by a Franco-German grouping. In the accompanying article, he finds John Major still safe in his post if only because
      1,062 words
    • Article, Illustration
      Honest John soldiers on
      1211 13 THOSE movie serials called cliff-hangers always leave Our Hero in dire peril at the end of every instalment, only to see him amazingly escape in the next. The career of Britaih's prime minister, John Major, is increasingly coming to resemble the exploits of the indestructible actors.
      1,211 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      502 13 London Business School's Forum 94 visits Singapore As a world leader in management education, London Business School offers programmes which combine: strong international perspectives from internationally renowned faculty as well as programme participants Emphasis on practical experience both in-programme and via in-company assignments and field projects the opportunity to learn
      502 words
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  • Article
    Lock icon Lehman Brothers files to go public in US$2.7b spin-off
    326 14 Bloomberg Business News NEW YORK Lehman Brothers Holdings lnc has filed with the Securities and Exchange Commission to become a public company with an initial value of about US$2.7 billion (554.2 billion). Lehman yesterday said it planned to distribute 98.7 million
    Bloomberg Business News  -  326 words
  • Article, Illustration
    Lock icon Lost souls in need of money to go home
    44 14 AFP LONDON Two ghostly beggars appealing to the sense of humour of passers-by in an attempt to relieve them of a little small change by claiming to need the money to return to heaven. AFP
    AFP  -  44 words
  • Article
    Lock icon US share prices seesaw as investors hope for interest rates to stabilise
    807 14 Wall Street's Monday blues NYT Bloomberg Business News NEW YORK In what passes for good news these days, the stock market fell on Monday for the sixth time in the last seven sessions, but it was not the
    NYT; Bloomberg Business News  -  807 words
  • Article
    Lock icon Indon foreign debt close to US$100b, minister warns
    162 14 AFP JAKARTA Indonesian Economy and Finance Minister Saleh AfifT warned yesterday of the high level of the country's foreign debt, now nearing the US$lOO billion (S$ 159 billion) piark. "When it has exceeded this level, usually it will have a psychological impact
    AFP  -  162 words
  • Article
    Lock icon Key US economic forecasting gauge down in February
    321 14 Reuter WASHINGTON The government's main economic forecasting gauge fell in February for the first time in seven months, the Commerce Department said yesterday, as bad weather apparently checked the pace of activity. The Index of Leading Indicators. which is supposed to forecast
    Reuter  -  321 words
  • Article, Illustration
    Good deals to be had as China divests state enterprises
    842 14  -  YONG POWANG YONG POWANG The writer is a BT senior correspondent specialising in Chinese affairs DEAL-MAKER Oei Hong Leong pulled off a coup in China when he bought all the 41 state enterprises in Quanzhou in July 1992. Some of
    842 words
  • Article
    Lock icon France sends Gatt peace signal but targets textiles
    313 14 Reuter PARIS France tried to reassure anxious developing countries yesterday that Paris and Washington were not try ing to use labour issues to drive a wedge between rich and poor nations at a meeting of Gatt trading nations next week. But in
    Reuter  -  313 words
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      257 14 RMCAI RMCA REINSURANCE LTD (Incorporated in the Republic of Singapore) NOTICE TO SCHEME CREDITORS OF THE SINGAPORE INSURANCE FUND OF RMCA REINSURANCE LIMITED NOTICE IS HEREBY GIVEN that pursuant to the Scheme of Arrangement that was approved by the Scheme Creditors (as defined in the Scheme of Arrangement) of RMCA
      257 words
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      Page 14 Advertisements Column 3
      272 14 ENHANCE /I mason Memory Products Inc. I MICRO Upgrades For Your PC ICS ICS REINSURANCE PRIVATE LIMITED (Incorporated in the Republic ol Singapore) NOTICE TO SCHEME CREDITORS OF THE SINGAPORE INSURANCE FUND OF ICS REINSURANCE PRIVATE LIMITED NOTICE IS HEREBY GIVEN that pursuant to the Scheme of Arrangement that was
      272 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        47 15 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight exents may alter sentiment Brokers polled Alliance. Barings. Daiwa. Fraser. UK Cioh. Kai Hian. Ongco. Phillip. Tat Lee. Smith Sew Court. Il l Can and S(J W arburg
        47 words
      • Article, Illustration
        HOT STOCK
        157 15  -  By Quak Hiang Whai SPECULATIVE favourite Promet Bhd added five cents to $1.64 on a volume of 6.68 million shares yesterday. The stock has lost ground from 52.69 in January It appears to have limited downside from here. The stock is near its immediate support at $1.60, but
        157 words
    • Article
      Printing firm HBM Print gets nod for Sesdaq listing
      468 15  -  By Teh Hooi Ling SINGAPORE A relatively new company HBM Print, owned by HB Media, which is in turn a subsidiary of property developer Chua Thian Poh's Ho Bee Holdings, has obtained in-principle approval for a listing on Sesdaq. David Chew
      468 words
    • Article, Illustration
      Lock icon Paint maker Berger launches IPO
      432 15  -  By Ven Sreenivasan SINGAPORE Berger International painted an optimistic picture of mediumterm business prospects in Asia when it launched its initial public offer yesterday. The paint maker's managing director, Edward Cowie, said the Asian market would grow "as fast, if not faster" than the region's
      Photo by Arthur Lee  -  432 words
    • Article
      Nippecraft's fixed-price shares 11 times subscribed
      254 15 SINGAPORE Diary-maker Nippecraft's initial public ofTer received a subscription rate of 11.2 times for its fixed-price tranche and a subscription rate of 1.39 times for the tender portion when it closed yesterday. To be listed on the main board. Nippecraft offered 60 million shares
      254 words
    • Article
      Salim's reported fund-raising for China investments is unusual
      807 15  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE "When I invest in Indonesia they say it is a monopoly, and when I invest elsewhere they say it is capital flight. Either way I can't win." Thus Liem Sioe Liong, often called Indonesia's
      807 words
    • Article
      CDL subsidiary buys into NZ's Kingsgate
      283 15 SINGAPORE CDL Hotels New Zealand has bought a 50.35 per cent share in proper-ty-based Kingsgate International Corp for NZ550.82 million (5544.9 million). The group said yesterday it had agreed to buy the entire shareholding of Singaporebased Jit King Investments in the New Zealand-listed Kingsgate
      283 words
    • Article
      NatSteel unit buys 57.3pc stake in National Grain
      170 15 SINGAPORE Nat Steel's wholly-owned subsidiary Eastern Industries has bought a 57.3 per cent interest in National Grain Elevator. Eastern owns 43.4 per cent of its stake directly and the balance through its 55 per cent stake in Eastern Partek. which owns 25.2
      170 words
    • FOCUS
      • Article, Illustration
        Tokyo stocks rise on investors' expectations of economic recovery
        480 16  -  Regional market reaction to Dow Jones sell-off From Anthony Rowley in TOKYO DEFYING TRENDS on Wall Street. Tokyo stock prices jumped 2.3 per cent yesterday as investors again appeared to expect a recovery in the Japanese economy. The recent sell-off on
        480 words
      • Article, Illustration
        Thai stocks hurt by fears of rate rises, political woes
        405 16  -  From Loh Hui Yin in BANGKOK POLITICAL woes and lingering fears of interest rates increases in Thailand have pummelled Thai stocks. Yesterday, the 40 main brokers handled a mere 2.3 billion baht (*****.4 million) worth of trades on the Thai
        405 words
      • Article, Illustration
        Brokers divided on how hard Philippine market is hit
        331 16  -  From Al Labita in MANILA MONDAY'S bearish trading on Wall Street knocked the Philippine stock market alright but opinion is divided as to how well the market took the blow. "Like other Asian markets, we were hard hit by the sharp
        331 words
      • Article, Illustration
        KL fund managers tread carefully
        459 16  -  From Ho Kay Tat in KUALA LUMPUR VI \LAYSI.VS stock market lias fallen to levels where investors can find some blue-chip stocks attractive. But analysts say fund managers will not bargain-hunt until the uncertainty on Wall Street clears up. "We are under the influence of
        459 words
      • Article, Illustration
        Departure of US money from Asia hits Jakarta stocks
        204 16  -  From Maggie Ford in JAKARTA THE departure from Asia of the "wall of money" from US retail and hedge funds is still affecting the Jakarta market, hut strong earnings growth and economic fundamentals are inspiring confidence of a recovery later in
        204 words
      • Article, Illustration
        Lock icon Aussie market slumps to year's lowest level, further dips expected
        735 16 Reuter SYDNEY The Australian stock market yesterday hit its lowest level this year, following a further rise in local bond yields. Analysts said the market could fall much further before rising to peak levels at the end of the year.
        Reuter  -  735 words
    • COMPANIES
      • Article
        Lock icon Making Asean markets more attractive
        454 17 Symposium of Asean Capital Market Regulators MBT, Reuter KUALA LUMPUR There is a bright future ahead for the capital markets of Asean, and by working together, these markets will become more attractive and trustworthy. Other emerging markets in Latin America. Central Europe, China and India
        MBT,; Reuter  -  454 words
      • Article
        Untitled
        470 17 MaMfm' prfctt Apr 6 US Gr Fund 1.02 1 06" Singapore Unit Trust UMB Invest Mgt Ltd The Commerce 1.60 1.68 l The Savings Fund 146 l.53xd 05 S pore Prog Fund 0 68 0.71 J Jni, «J Gir Fund! 58 l_64 S pore See Fund 099 1.04 Un,,cd Asa
        470 words
      • Article
        TRI gets final nod to give MHS shares to stockholders
        475 17  -  From Ho Kay Tat in KUALA LUMPUR TECHNOLOGY Resources Industries has obtained at last final regulatory approval for its plan to distribute shares of 52 per cent owned subsidiary Malaysian Helicopter Services to its shareholders. "We have not received the
        475 words
      • Article
        Lock icon Malaysian stocks set for another bull run: Fuller
        288 17 Bernama KUALA LUMPUR The multi-month correction currently experienced by the Kuala Lumpur Stock Exchange (KLSE) will create a condition for another good bull run, renowned market analyst David Fuller said. Mr Fuller, chairman of Chart Analysis Ltd, UK, and the writer of
        Bernama  -  288 words
      • COMPANY BRIEFS
        • Article
          Bousteadco sells Riche Monde stake
          41 17 SINGAPORE Bousteadco Singapore announced yesterday that it had sold its entire interest in Riche Monde Pte Ltd to MHUDG (Far East) Ltd for 5i.37 million. Riche Monde is thus no longer an associate company of Bousteadco.
          41 words
        • Article
          Goh steps down as Shangri-La's MD
          41 17 SINGAPORE Shangri-La Hotel announced yesterday that Goh Soo Siah had stepped down as managing director of the company with effect from March 31. Mr Goh will, however, remain as chairman of Shangri-La's board of directors.
          41 words
        • Article
          Rights issue from Hotel Royal
          73 17 SINGAPORE Hotel Royal Ltd announced yesterday that it was proposing a l-for-2 rights issue which will comprise 10 million rights shares at J 1.50 apiece, or a 44 per cent discount from Monday's closing price of $2.68 per share. Hotel Royal said the proceeds of
          73 words
        • Article
          Lock icon Creative Tech to open Malacca plant
          64 17 Bloomberg Business News SINGAPORE Creative Technology Ltd will open a plant in July to expand its manufacturing capacity by 40 per cent. CT Yeo, vice-president and general manager for Asia, yesterday said the 80,000-sq-ft facility in the Malaysian state of Malacca would be the
          Bloomberg Business News  -  64 words
        • Article
          Esso after-tax earnings up 58pc
          63 17 KUALA LUMPUR Esso Malaysia Bhd has recorded an after-tax profit before extraordinary items of M$ 105.2 million (Ss6l million) for 1993. Chairman Morris Foster yesterday said the results were 58 per cent higher than 1992 and were due to higher sales, an improvement in industry
          63 words
        • Article
          Corrections and clarifications
          80 17 ON MARCH 25, BT reported that Singapore Automotive Engineering's directors had recommended a first and final gross dividend of 10 per cent and a tax-exempt bonus dividend of 2 per cent. This is incorrect. The group had actually proposed a first and final dividend of 10 per
          80 words
      • Article
        S'pore businesses, individuals to link up with Internet
        115 17 SINGAPORE Singapore Telecom will give individuals and businesses access to Internet, a network of independently operated computers around the world. Called Sing Net, the service will be a 24-hour link and will be available in July, a Telecom statement said yesterday. Sing
        115 words
      • Article
        Lock icon R J Reynolds tackles goodwill problem
        343 18 Bernama KUALA LUMPUR RJ Reynolds Bhd views it necessary this year to address the problem associated with "goodwill" that arises on consolidation of the group. Chairman Azmi Wan Hamzah, in the group's latest annual report released yesterday, said: "After extensive research on the correct
        Bernama  -  343 words
      • Article
        Lock icon LSH Devt sees 1994 pre-tax profit at M$41.2m
        428 18 MBT KUALA LUMPUR Lam Soon Huat Development Bhd (LSH) has forecast a pre-tax profit of M 541.24 million (5524.2 million) for the year ending Dec 31, with the implementation of its share and warrant proposals. This will give gross earnings of 45
        MBT  -  428 words
      • Article, Illustration
        Shinawatra, TelecomAsia set to clash in cable TV arena
        398 18 BANGKOK A new battle between the Shinawatra Group and Telecom Asia pic (TA) is looming in the booming cable TV business, with the former asking the Telephone Organisation of Thailand (TOT) to team up with it. Shinawatra submitted a one-page proposal
        398 words
      • Article, Illustration
        Lock icon Listed film Lightning Jack makes shining Aussie debut
        246 18 Bloomberg Business News SYDNEY The new Paul Hogan film Lightning Jack, financed by a AS3S million (5538.8 million) public share sale, was panned by US critics but that has not hurt its debut in Australia. In its first five days in Australia.
        Bloomberg Business News  -  246 words
      • Article
        Lock icon Fed likely to maintain policy despite tumble of markets
        468 19 NYT WASHINGTON The tumble of the stock and bond markets has surprised Federal Reserve officials but has not persuaded them so far to change short-term interest rates. Fed officials say they are inclined for now to let investors determine the prices
        NYT  -  468 words
      • COMPANY BRIEFS
        • Article
          Lock icon Sony sends China-made VCRs to Japan
          106 19 AFP TOKYO Sony Corp will begin sending semi-completed videocassette recorders (VCR) with a built-in camera to Japan for final assembly from its Shanghai joint-venture factory, a company spokesman said yesterday. The joint venture, Suonguang Electronics Co Ltd, 70 per cent owned by Sony, wanted
          AFP  -  106 words
        • Article
          Lock icon Shanghai Erfangji pays cash dividend
          105 19 Reuter SHANGHAI Shanghai Erfangji Co Ltd, China's biggest maker of spinning machines, will pay a cash dividend of one yuan for every 10 shares to all shareholders, a company statement said yesterday. The statement said the dividend, which includes tax. was approved at a shareholders'
          Reuter  -  105 words
        • Article
          Lock icon Seiyu, Wing On in Chinese tie-up
          79 19 Reuter TOKYO Japanese supermarket operator Seiyu Ltd and Hong-kong-based Wing On Group will jointly operate a department store in Tianjin in China starting this autumn, a Seiyu spokesman said yesterday. The two firms will sign an agreement with the city of Tianjin in the
          Reuter  -  79 words
        • Article
          Lock icon IBM unveils low-cost mainframes
          69 19 Reuter NEW YORK International Business Machines Corp has unveiled the first two models of its lower-cost, microprocessor-based mainframes, designed specifically for transaction processing and database queries. IBM said it added five new models to its existing ES/9000 family, including one model with 10 processors, called the
          Reuter  -  69 words
      • Article
        Lock icon Metallgesellschaft sued by French bank over US$2b bailout
        374 19 Bloomberg Business News NEW YORK Metallgesellschaft Corp has been sued by Banque Francaise de Commerce Exterieur. one of six banks that objected to a USS2 billion (SS3.I billion) bailout of Mctallgcscllschaft's German parent company. In a lawsuit filed last Friday in US
        Bloomberg Business News  -  374 words
      • Article
        Lock icon Founder of Four Seasons Hotels looks for buyer
        486 19 Bloomberg Business News TORONTO Isadore Sharp, founder, chairman and thief executive of hour Seasons Hotels Inc. expects a turnaround at the luxury hotel operator to become evident as it seeks a buyer. The 62-year-old Canadian hotelier said he is seeking a bu\er
        Bloomberg Business News  -  486 words
      • Article, Illustration
        Lock icon Wireless won't hurt landline market: AT&T chairman
        283 19 Reuter NLW YORK American I elephone and Telegraph Co chairman Robert Allen said he did not foresee cellular and wireless satellite telecommunications reducing the global market for landline telecommunications. Mr Allen said cellular communications "is becoming a huge business" around the world. "But
        Reuter  -  283 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Asean market regulators hail proposal for consultative group
        473 20 Bernama KUALA LUMPUR Asean capital market regulators have welcomed a proposal to set up a consultative group among them for greater regional cooperation and to monitor cooperative efforts in the policing of" capital markets in the region. Munir Majid. chairman of Malaysia's
        Bernama  -  473 words
      • Article
        Lock icon S'pore exempts gold and silver re-exports from GST
        379 20 Reuter SINGAPORE The new consumption tax will not be imposed on gold re-exports in a move that industry ofTicials say will help Singapore remain one of Asia's main gold trading centres. The Singapore Bullion Market Association (SBMA) said yesterda> that the government
        Reuter  -  379 words
      • Article, Illustration
        Lock icon Junk bonds give way to garbage futures
        368 20 AFP WASHINGTON After junk bonds, get ready for garbage futures. The Chicago Board of Trade (CBOT) will be getting down to dirty business later this year when it offers contracts on recyclable waste alongside treasury bonds, grain futures and other venerable financial instruments.
        AFP  -  368 words
      • SMALL CHANGE
        • Article
          Lock icon Tokai Bank to name new president
          57 20 Knight-Ridder TOKYO Tokai Bank has informally decided to promote vice-president Satoru Nishigaki to president and move Kiichiro lto. the incumbent president, to the post of chairman without right of representation, banking industry sources said yesterday. The decision will be made formal at a shareholders'
          Knight-Ridder  -  57 words
        • Article
          Lock icon Daiichi Real Estate revamps loan plan
          69 20 Reuter TOKYO Financially-troubled Daiichi Real Estate Corp said yesterday it had drawn up a new two-year restructuring programme with about 50 financial institutions. Under the new programme for fiscal 1994/95 and 1995/96. Daiichi Real Estate plans to resume interest payments on loans from about
          Reuter  -  69 words
        • Article
          Lock icon UAE issues new certificates of deposit
          103 20 Reuter ABU DHABI The United Arab Emirates has started issuing new certificates of deposit (CD) which are expected to develop the domestic money market and make it easier for banks to cover a cash crunch. Bankers said on Monday that the central bank started
          Reuter  -  103 words
        • Article
          Lock icon Credit Lyonnais' asset sale to continue
          101 20 Reuter PARIS Credit Lyonnais will not stop selling assets when it reaches its stated target of 20 billion francs (555.4 billion) bv the end of next year, chairman Jean Peyrelevadc told yesterday's edition of Lc\ Echos daily. "I'm sure the order of magnitude will
          Reuter  -  101 words
      • Article
        Lock icon Emerging market debt prices may rise up to 25pc
        306 20 Bloomberg Business News NEW YORK Developing country debt prices, which have plunged so far this year, could rebound 20 to 25 per cent by the end of the year. "The brutal decline in the prices of emerging market debt seems to
        Bloomberg Business News  -  306 words
      • Article
        Lock icon Indian silver demand seen rising steadily
        168 20 Reuter BOMBAY India's demand for silver, buoyed by an expanding economy, is expected to rise steadily despite sharp fluctuations in world prices, dealers and analysts said on Monday. Dealers estimated the Indian demand for silver in calendar 1994 at 4.(XX) tonnes, sharply up from
        Reuter  -  168 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        126 20 THE L'SS was mixed yesterday against the Asian currencies. with the market lacking any fresh direction. The SS continued its pattern of gradual appreciation. The USS opened at 1.5690(X). touched a low of 1.5655 on commercial selling before recovering to close around 1.5670. The USS/MS
        126 words
      • Article
        Lock icon London
        166 20 Reuter LONDON The dollar made further advances in European trading after hopping higher over the long Easter weekend, dealers and analvsts said. By 1505 GMT. the dollar was at 1.7055/60 marks, up from a 1.6935/42 European opening yesterday and sharply higher than 1.6690/95 late on Thursday before the Easter
        Reuter  -  166 words
      • Article, Illustration
        Untitled
        1553 20 .icur/i/.-,/ in,U iiLiiluu-il muiw S'i*»r'\ l<i< 14 nudum i*nnn t\ Ha*- i.i/r /V.\ US$/S$ forward rates Noon Apr 3 ss Bid Oder 1-month I 566' 1.5682 2-month I 566K 1.568? Vmonth ***** 1.56*3 6-month I 5667 1.5687 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9«r m Apr 5 Singapore
        1,553 words
      • Article
        London crude oil futures rise in step with NY on Monday
        143 20 Bloomberg ENERGY REPORT LONDON Oil futures soared following Monday's surge in New York prices, as London's International Petroleum Exchange reopened after a four-day break for Easter. In trade on the New York Mercantile Exchange on Monday. crude oil futures
        143 words
      • Article
        Lock icon New York
        76 20 AFP NEW YORK The dollar recovered some ground on Wall Street yesterday, but dealers were holding back ahead of the stock market opening. At 9:15 am (1315 GMT), the dollar was exchanging up at 1.6973 German marks compared to 1.6960 at Monday's close and unchanged against the yen
        AFP  -  76 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar sharply up on short-covering
        1347 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures closed sharply higher on short-covering yesterday Traders said Eurodollars had been oversold and yesterday's rebound was mainly short-covering by market participants. "There is really no fresh news today, but the wide range is unusual for Simex," said a
        Reuter  -  1,347 words
      • Article
        Tokyo gold weakens on NY losses
        564 21 COMMODITY REPORTS Gold TOKYO: Ycn-dcnominatcd precious metal futures fell yesterday after sharp losses overnight in New York coupled with the stronger yen against the dollar, traders said. Yen-based gold futures ended 17 to 24 yen per gram lower. Benchmark February lost 20 yen to
        564 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Sugar prices seen consolidating
          131 21 LONDON The rise in sugar prices over the past month reflects bullish fundamentals, hut prices will now enter a period of consolidation, according to a report by E D and F Man Sugar Ltd. "World market prices have continued to benefit from a tightening supply/demand picture
          131 words
        • Article
          Thailand exports more corn
          44 21 BANGKOK Thailand exported 2.900 tonnes of corn during March 25-31. bringing the total for the year-to-date to 39.884 tonnes, the Thai Maize and Produce Traders Association said on Monday. Shipments during the period Jan I-March 31. 1993 totalled 31.526 tonnes.
          44 words
        • Article
          Copper price seen sagging
          75 21 SYDNEY Base metals prices, with the exception of copper, are set to inch higher this year, broker J B Were and Son said yesterday. In its latest commodities outlook. Were forecasts copper to average 75 US cents a pound in the second half of this year,
          75 words
        • Article
          Japan's warehouse coffee stocks
          61 21 TOKYO Japan's warehouse stocks of coffee totalled 69.099 tonnes in end-February, down 5.5 per cent from 73.154 in end-January, according to the Ministry of Agriculture. Forestry and Fisheries. Stocks of Brazilian coffee were 18.325 tonnes at the end of February down from end-January's 18.821. Colombian stocks
          61 words
        • Article
          Cotton buying expected to slow
          69 21 TOKYO Japanese spinners will continue slow- ing their cotton buying this week, limiting their purchases to small quantities of old-crop US San Joaquin Valle> and Australian cotton, trade sources said. South-east Asian buyers, who in the past week have been largely absent from the market
          69 words
    • Article
      COMMODITY PRICES
      1506 21 Rubber Singapore Commodity Exchange (futures closing as at lpm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mav 94 152 00 151 00 151.00 775 2 550 Jun 152.00 151.50 151.50 1000 6.300 Jul 152.00 250 1.675 Aug 152.50 250 1.675 Sep
      1,506 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1191 22 -3.1 Australian shares closed marginal l\ down yesterday after recovering from a sharp sell-off in earl\ trade, which saw the market barometer plunge to a fourmonth low. brokers said. Ihe key indicator, the All Ordinaries Index, closed at 2.050.0. just 3.1 points below the close on Thursday before the
        1,191 words
      • Article
        Manila
        655 22 -20.69 Wall Street jitters haunted the Philippine market for the second straight day, causing share prices to slide at the close, brokers said. The composite price index at the Philippine Stock Exchange retreated 20.69 points, or 0.78 per cent, to close at 2.633.01. The fall nearly wiped out a
        655 words
      • Article
        New Zealand
        376 22 -35.41 The New Zealand share market took a beating to close at its lowest level for the year as falls in world markets caught up with the local bourse. Ihe NZSE-40 capital index closed at 2.*****. down 35.41 points after recovering from a low of 2.030.56 during trade.
        376 words
      • Article
        Bombay
        92 22 +31.14 Indian stock indexes rose as domestic mutual funds bought into two heavily weighted companies whose prices have fallen to attractive levels, a trader said. The funds bought shares of Tata Steel and petrochemicals and textiles company Reliance, said Sanjay Aggarwal, chief dealer of the brokerage SSKI Group. Indian
        92 words
      • Article
        Untitled
        815 22 Taipei Vprl is +T\Mi(ciwnl mi urwh 1MB \ll Smuw IIKJ 2 "Nl utHh HM6 < hi.u < Ir-iiir.iI Ml Ml UMl < hma W iic A < .iMc V<<W uikIi I "'I** < jthj\ I t«i<4l *2 Ml >41 ***** < hliu rX'Xi'kip 111 4 HI 2 Mt 'M l
        815 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        673 22 Britannia Funds MrrliaR a\h Bid (Mfrr Mini 4 jp rx-pt'sti Ik Mill Mini Jcim-v (.ill (I IK-Jl O IV12 Mini Mj\ Iik..lie ******11 I S$ C aih liximx: IIun Fund Ill 4x«) PS S Revue f umt :n»i < Slrrlim Fun» IVf1*irnijiKY II4W2 O 4 1 ix i ,II i
        673 words
      • Article
        Brussels
        166 22 +1.47 A last-minute burst of buying in Bcl-20 share baskets took the index to a slightly higher close, after a positive start on Wall Street provided support in the afternoon. Dealers said firmer European bond prices and a stronger dollar against the franc had also helped share prices higher.
        166 words
      • Article
        London
        624 22 +29.8 UK shares fought their way back from sharp morning losses to end the day almost I per cent higher, heartened by gains in US bonds and shares. The FTSE 100 index closed up 29.8 points at 3,116.2, having lost nearly 40 points in the morning session on the
        624 words
      • Article
        Stockholm
        117 22 1.92pc Swedish shares ended the day higher, supported by lower debt market yields and higher stoeks in both Germany and the US. despite a sharp initial decline. The market's downtrend was broken after falls in 12 successive sessions. The OMX-indcx rose 1.92 per cent to 1,091.27 after moderate turnover
        117 words
      • Article
        Milan
        147 22 -0.43 pc Shares clambered back from early sharp falls as some optimism over Italy's politics returned. But the reversal was not strong enough to keep the Mibtel index of automatically traded shares positive at the close. The Mibtel index ended down 0.43 per cent to 11.721. Sentiment was boosted
        147 words
      • Article
        Zurich
        223 22 +0.89 Swiss shares recouped early losses to close slightly firmer after a modest recovery around midday gained strength in line with early indications signalling that Wall Street would open higher. The broad SPI index was up 0.89 point at 1,806.30. The blue-chip SMI ended up 11.7 points at 2.806.5.
        223 words
      • Article
        Toronto
        303 22 +41.6 Toronto stocks remained firm at midday, buoyed by a stronger Canadian dollar with the trend expected to continue to the close, traders said. The TSE 300 index was up 41.6 points to 4,271.7 on volume of 34.7 million shares valued at CSSI9 million. Advances led declines 432 to
        303 words
      • Article
        New York
        740 22 33 points on the day at 2,175.88, up from floor session close of 2,158.29. +65.65 Wall Street stocks soared in a strong rebound yesterday, spurred by dropping interest rates. The Dow Jones Industrial Average was up 65.65 points at 3.659.00 at 1 pm EDT. In the broader market,
        740 words
      • Article
        Paris
        159 22 18.31 French stocks bounced back from early lows as investors responded to rccent news of strong French company earnings. Earlier in the day, French stocks fell more than 1 per cent after the surge in US employment rekindled fears interest rates might rise to combat inflation. The CAC-40 Index
        159 words
      • Article
        Amsterdam
        230 22 1.55 Dutch shares ended firmer, regaining all the ground lost in early trading after a stronger US market open. The AEX index bounced back from an early dip below the psychological 40()-mark and dealers said it could go a little higher before retesting lower ground. Ihe AEX ended at
        230 words
      • Article
        Johannesburg
        290 22 -48 Shares ended weaker across the hoard on a bearish and thinly-traded Johannesburg Stock Exchange, dealers said, but early Wall Street gains oflcred some hope for recovery when trading resumes tomorrow. A slow industrial index lost 48 points to 5,601. The gold index finished 4.7 per cent, or 95
        290 words
      • Article
        Frankfurt
        153 22 +33 German share prices add to official session gains during after-market yesterday. Dealers were unable to pinpoint the catalyst for the buying spree. Wall Street's strong rebound from Monday's lows gave German stocks an extra shove later on. The Ibis DAX was up Frankfurt \pr DM \ot I MOO
        153 words
    • Article, Illustration
      Lock icon TOKYO
      2449 23 Bloomberg Business News TOKYO Stocks rose as life insurers and investment trusts opening new portfolios for this Fiscal year bid up multimedia-re-lated shares on reports of a new cellular communications joint venture, traders said. The benchmark Nikkei 225 Average rose 440.99 points, or 2.31 per cent, to close at
      Bloomberg Business News; Source: Bridge Info  -  2,449 words
    • Article
      HONGKONG
      2923 23 Vol \Ur 31 HKS High Low (TOO) PE \SM Pacific 4.700 -0.100 4 700 4 700 10 19.4 AWT World Tmnsport 1.520 unth 1520 1 520 9 0 Acme Landis 1460 unth I 460 1440 9.) AJcoHUgs 2.375 -0.075 2.425 2.375 690 11.6 Allied Ind Im°l 0830 unch 0
      2,923 words
    • Article, Illustration
      Lock icon BANGKOK
      1752 23 Bloomberg Business News BANGKOK Stocks gained 0.4 per cent yesterday in the lightest trading in 11 months as textile shares rose on hopes for higher exports to the United States. Political and interest rate concerns kept most investors out of the market, analysts said. Textile stocks were the biggest
      Bloomberg Business News; Source: Bridge Info  -  1,752 words
    • Article, Illustration
      Lock icon JAKARTA
      1182 23 Bloomberg Business News JAKARTA Indonesian shares fell I per cent as a big fall in US stocks and long Easter holidays in Hongkong kept investors away, traders said. The Composite Index fell 5.43 points to close at 480.96. Volume was 8 million shares worth 35.4 billion rupiah. less than
      Bloomberg Business News; Source: Bridge Info  -  1,182 words
    • Article
      CLOB INTERNATIONAL
      2747 24 MOST ACTIVE votam Wri» H\d 7.231.000 Promci 6.683.000 Nlulptu Inll MX. 000 \MDB 30c 4.476 000 lien Hoc TSIW7 .V364.000 kumunling SV J.342.000 Fjhcr Group 2.380.000 Kcnong Bhd SX 2.161.000 Johjn Hldgs 30c 2.101 000 (icncraliorp 1.827 000 NkiungCorp 1X04 000 P051 Msia 1.7}I 000 Multi-I'urposc 1.*****0 MOST
      2,747 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index surges as players target blue chips
        5891 24 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index rebounded yesterday as investors bid up blue chips that had plunged on Monday on concern over falling US share prices, analysts said. The Kuala Lumpur Stock Exchange's benchmark Composite Index rose 10.98 points, or
        Bloomberg Business News; Source: Bridge Info  -  5,891 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7496 25 I MAIN BOARD Transaction date: Apr 5 Gr b W Last \ol Ua> ImQwK Di« IK. Md Net ap High Lo« (umpaat Sal* 000) lligh I <>» Batrr Seller Or S P'l Smil INDUSTRIAL AND COMMERCIAL 1440 260 I Aetna 410 id +25 78 415 840 405 415 IT S
        7,496 words
      • Article, Illustration
        Lock icon Market rises on broad front but volume remains thin
        1910 26  -  By Paul Leo SINGAPORE Sentiment improved on the local bourse yesterday after an overnight fall in the American stock market was less severe than anticipated. The Straits Times Industrials Index started on a positive note and ended the day 22.37 points
        Charts by Bridge Info; Source: Bloomberg  -  1,910 words
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      416 15 NEWS VALUE How today's news might affect your stcuks Economists expect lower inflation this year than the government (pg I) Could mean interest rates will rise slower than expected and so underpin the share market. Smaller-than-expected US fall boosts Asian stocks (pg 1) Far from having lost their bounce, regional
      416 words
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      654 16 DBS NANYANG TECHNOLOGICAL UNIVERSITY V/ CENTRE FOR CONTINUING EDUCATION Date: 14 Apr 04 Duration: 6 Hours Fas: $340 Ths objective of the courss is to afford practitioners a theoretical formulation of cal and put options and to provide ley people wite en in-depti of tie topic. Perticipants wil heve hands-on
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      207 17 Dividends table has been held over S >j| Of b *10 *y< C° :|iw£; &J%£>T -a?JieBH2 ;;> SL'- Grcw//I Improved Cash Flow Expansion Today's BMFs could bo tomorrow's Simply by Improving cash flow with own associated companies in MalayMNCs. All It takss Is a llttls Imagination, Immediate cash advancss of
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      326 18 THE STRAITS TIMES THE SUNOAV TIMES BUSINESS TIMES THE NEW PAPER BE RITA MARIAN •BE RITA MINGGU THE STRAITS TIMES WEEKLY EDITION HER WORLD •GO SINGAPORE BUSINESS YOUNG PARENTS HOME i DECOR YOUNG FAMILIES THE STRAITS TIMES TME Sumo A» T,MES BUSINESS TIMES THE NEW PAPER z 2 I z
      326 words
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      286 18 B^^^SnN^S TOLL-FREE TEL. No. l-WO-741-fM FAX :T4l-12»M M THE MATTER OFTHECG9PAMES ACT, CHAPTERM AND M THE MATTER OF nrMMPfI PHVATE LiTED (M VOLUNTARY UOUDATIOt# At an Extraordmary General MMting of tha Mrim of Gomimpex MmM Umtod <tty convened and hoidM 301 ORiwd RoodflS-10, Tower B, NgaaArai Cfey. Singapore 0823 on
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      Page 18 Advertisements Column 3
      351 18 M THE MATTER OF THE COMPAMES ACT, CAP. SO UMNO LEONQ MACHMERV PTE LTD AlanEidraordinafyQanatalMaatlng of Wing Laong Machinery Pla Ltd hold on 20/3/04 tha following 1. SPECIAL RESOLUTION WMHNQ-UP Tli y UIU. n I ila 1 Ailii ■in r% inai iTfij L#of>9 Mioninfry nt Ltd ba wound up voluntarily
      351 words
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      345 19 IFOR SALE BY PUBLIC AUCTION CLAREMONT RETAIL sx QUENTINS MALL, 20 ST QUENTIN AVENUE and St 323 STIRLING HIGHWAY, CLAREMONT I Quentin's Ijj; J Prime land holding with two street frontage in Perth's premier suburban retailing I Mall j precinct. Fully leased to eight individual tenants including National Australia Bank
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      338 19 Apollo Suite Apartment An Enviable Address For A Home Away From Home. If you appreciate what goes into a comfortable home, you'll appreciate what a suite apartment should be like. The Apollo Suite Apartment A touch of casual elegance. Impeccable design and a personal touch to convey the atmosphere of
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      196 21 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN BAHAMAS JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS GIBRALTAR PANAMA HONG KONG U.K. LTD
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      39 21 As and when the latest London/ Rotterdam prices arc not available, the previous trading day's closing figures are carried instead. JUST CALL: 737-1166 Business heats up when you make the /*Si* call and place an I CJLTJL ad. 1737-ti—
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      86 23 flfr. SCRIBE hand-made by bally IS Bally's exclusive collection highly comfortable, hand-made welted shoes. They perfectly reflect Bally's total commitment traditional craftsmanship. Each pair of Scribe shoes comes fitted with beech wood shoe trees, cotton bags, twelve month guarantee and a voucher for complete overhaul within three years of purchase.
      86 words
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      61 24 RATHER THAN A STOCK EXCHANGE, LOOK AT AN INVESTMENT EXCHANGE. At itihank. \ou can now switch to nit I rusts and still net the opportunitx to make hmh returns with onl\ moderate risk. So lor a Iresh alternative, call our 24-llour CitiPhone Banking toll-free on I <S()()) 225-5225. CITIBANK* Caii
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      5 24 TECHNOLOGY Tomorrow in Business Times
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      69 25 •Up to 70°/o Financing I WA I Easy approval payment Scripless counters are also x-v call us now! Urn rfjLjTAT LEE FINANCE® D|bw Doing It Vbur Way lra|||i> Setegte Branch Tel: 338 2097 East Coast Branch Tel: 440 6882t|||l BukJt Panjang Branch Tel: *****07 Holland Branch Tel: 469 3835 Geytang
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      27 25 Find a new rider for your wheels Pedal your wheels to all kinds of people and clean out your store room with a convenient, fast-acting classified ad.
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      159 26 femabgegg #F MASkargo goes lo the earth's end to deliver good service. To over 90 destinations across 6 continents. BJ| A C|#AfMA On a fleet including 747-400s, 747-400 Combis and 737-300 Freighters. In place, in time, intact. IVI MORdl U For enquiries please contact Malaysia Airlines Kuala Lumpur 0)-*****55 ext
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      Page 26 Advertisements Column 2
      131 26 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883* FAX:'74I-1288 Vacancies for Legal Assistants Messrs Loo Partners invites applications for legal assistants to join its expanding departments as follows: Litigation Department (experience in admiralty work will be an added advantage); General Corporate and Banking Department (experience in handling listing applications, mergers and acquisitions
      131 words
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      182 26 LOST CERTIFICATES The following certificates for ordinary shares and warrants have been reported lost, mislaid or destroyed:No. Of N—w of Company Cert. No. InttwN—of eheree Jacks International Ud *****077 Ctu Boon Leong 1,000 A *****36 Thykkoo(am Kesavan 333 Singapore National *****264 The Central Deposiory 500 Printers Lid (Pie) United Tat
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      63 26 CHEVALIER MACHINERY (S) PTE LTD (In Membera* Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Final Meeting of the members of the abovenamed company will be held at 559-C, Balestier Road, Singapore 1232, on 30 April 1994 at 11.00 a.m. for the purposes set out in Sections 308 320(3) of
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      Page 26 Advertisements Column 5
      346 26 M THE MATTER OF THE COMPAMES ACT, CHAPTER SO CONCRETE CORMQ COMPANY (SMGAPORE) PTE LTD MEMBERS'VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 36 Robinson Road. 915-00 City House. Singapore 0106 on 31 March 1994, the following resolutions were duly passed: 1. SPECIAL RESOLUTION
      346 words
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  • Shipping Times
    • Article
      NOL, Jurong Shipyard set up blasting specialist
      341 27  -  By Rahita Elias SINGAPORE Neptune Orient Lines (NOL) and Jurong Shipyard have again joined forces. Through subsidiaries, they have formed Orient Clavon, a joint-venture company, that provides blasting services. Earlier this year, Jurong Shipyard bought into Atlantis Engineering, formerly a wholly owned subsidiary
      341 words
    • Article
      Navix Marine certified by classification society
      216 27  -  By Alec Almazan SINGAPORE Navix Marine, the ship management affiliate of Japan's biggest bulk operator, Navix Line, has been certified by classification society Nippon Kaiji Kyokai (KKK). The "Certificate of Ship Management System Registration" proves compliance with the International Safety Management (ISM) code, part
      216 words
    • Article
      Lock icon UN forces intercept 20,000th ship in embargo against Iraq
      223 27 Reuter MANAMA International forces have intercepted their 20,000 th ship in enforcing United Nations sanctions against Iraq, the US Navy announced on Sunday. A US Navy squadron of a frigate and a destroyer intercepted the Singapore-flagged container vessel MV Koia tVirawan
      Reuter  -  223 words
    • Article
      Lock icon Freight rates stay weak for Persian Gulf VLCCs
      208 27 Knight-Ridder NEW YORK Rates for very large crude carriers (VLCCs) from the Persian Gulf remained weak on Monday in quiet trading on the tanker freight market, brokers said. Mobil took the Fortuneship L for an April 22, 240,000 tonnes from the Persian
      Knight-Ridder  -  208 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1119 27 Pace Col ABC Containerize 12 S Accord Group 8 1-3 Africa Container 16 4 •Ahrenkid Liner 4 1/2 AOEShpg 15 4/5 •ANL 3 1/2 Antaco Mgmt 17 1/2 •APL 5 3-5 Appenship 8 4/5 Arabian Express 15 3 •ASCL 5 5 Avant Shpg
      1,119 words
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      S'pore launches oil bag to fight spills
      695 27  -  Norwegian invention unveiled in training exercise last month By Selva Kumar SINGAPORE Singapore, the world's busiest port, took another step forward in its vigilance against oil spills with the inaugural launching of the Unitor oil bag in its waters last month. The 50-cubic
      695 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        539 28 *yw» Berth Anwal Pepjrtae Vessel Voy Wo Berth Vn»il Departure Swee long 1 57/94 P02 alongside OS 04 1800 7J* Wt-02/94 112 alongside 0604/2100 Tmter Royal 225S P02 alor«side 05 04/1500 P*" HP ,3t *egade 0604/0600 Yangon 1/43 P01A aloi*side 0504/2355 Manktapi 04/01/94 II akMgsafc 0604/2300 African
        539 words
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        CONTAINER SCHEDULES
        1276 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Aa L"** 0508 08/2000 3 06/07t» 06/1159 06/1400 06/1200 06/1459 06/1700 U» 06/1500 1A 05/1500 05/1669 05/1900 A** *****N 06/1900 1A
        1,276 words
    • Article
      THE SHIPPING GUIDE
      14949 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      14,949 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      618 43 Cafcen Ifen* 24 Denaty Water Indn Ash Mumriun Sedmcnt M/M Exxon KG/««*3 V/V M/M M/M PPM method BO/Cmc lints Spec E25 991 10 150 010 30* 010* Spec 035 991 10 18 0 015 30* 0 10* Northern Ewpe 180 Ave 982 01 13.6 0 04
      618 words
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      TRANSPORT DIARY
      348 43 COURSES litle: Import/Export Shipping Procedures (SDF 50%) Duration: Apr 14 June 2 Organiser: tlim Management Services Tel: For further registration contact 292-5670. Title: PSA Shipping Delivery Warehousing Procedures Duration: Apr 18-22 Organiser Port of Singapore Authority Tel: For further details/registration contact SPI at 321 1707/321-1824/321-1825 or fax: 321-1416.
      348 words
    • Article, Illustration
      Lock icon Aftermarket shootout
      1198 44  -  Perry Flint looks at the fight for survival in the airframe component aftermarket Perry Flint Air Transport World THE SAME forces reshaping airframe and engine overhaul, and repair (O&R) are also affecting the airframe component aftermarket, with more and modj competitors fighting for a share of an evolving
      Air Transport World  -  1,198 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon MAS performance expected to improve
        451 46 Lower ringgit, leasing deals likely to boost earnings MBT KUALA LUMPUR The lower ringgit and several leasing arrangements are expected to help Malaysia Airlines turn in a more profitable year. The airline is expected to lease two Boeing 747-200s to Garuda Indonesia. It is also
        MBT  -  451 words
      • Article
        Lock icon New Boeing 777 will mark shift in company's approach
        569 46 Reuter SEATTLE When Boeing Co unveils the first model of its 777 twin-engine jet next week, it will mark more than a milestone in its most ambitious project since the 747 jumbo jet. The ceremonial roll-out, to be attended by some
        Reuter  -  569 words
      • Article
        German airship maker seeks partners
        185 46 SINGAPORE Germanbased airship maker Zeppelin Luftschifftechnik is seeking joint-venture partners in Singapore to develop or finance the cost of its latest model. Production of the Zeppelin NT will start in early 1997. The company hopes to build about 10 craft, which cost about $10 million
        185 words
      • Article
        Plans to build light-rail line in Manila run into snag
        359 46  -  By Alec Almazan SINGAPORE Plans for a second light-rail line in Manila have hit a snag, with three senators asking the Supreme Court to scrap a contract awarded to a foreign consortium. The senators claim that under Philippine law, only
        359 words
      • Article, Illustration
        Lock icon Electrifying feat
        56 46 Reuter TOKYO A Tokyo Electric Engineering College team receives congratulations from fellow stadents and university staff in Tokyo oa Monday after successfully travelling 4,900 km in 27 days anamd Japan in an electric car, the first sack feat The car, called Solar EV, was powered by a storage
        Reuter  -  56 words
      • Article
        Lock icon Japan's March vehicle sales down
        84 46 Bloomberg Business News TOKYO Japan's domestic sales of cars, trucks and buses fell 3.8 per cent in March to 679,170 units for the twelfth consecutive year-on-year decline, the Japan Automobile Dealers Association said on Monday. Sales of passenger cars fell 3.5 per cent to 490,268.
        Bloomberg Business News  -  84 words
      • Article
        Lock icon Boeing delivers 82 planes in 1st qtr
        77 46 Reuter SEATTLE The Boeing Co said on Monday it delivered 82 commercial jet transports in the first quarter ended March 31. The 82 deliveries consisted of 39 7375, 15 7475, 16 757s and 12 7675. Boeing said first quarter deliveries were higher than
        Reuter  -  77 words
      • Article
        Lock icon Alaska Air sees costs falling 12pc
        80 46 Reuter SEATTLE Alaska Air Group Inc chairman Rey Vecci said in the company's annual report that unit costs should fall 12 per cent or more this year after a two-year cost-cutting programme. The company said it achieved US$BO million (S$ 126.4 million) in annual
        Reuter  -  80 words
      • Article
        Lock icon MC Shipping posts 4th-qtr profit
        101 46 Bloomberg Business News NEW YORK MC Shipping Inc said on Monday it reported a fourth-quarter profit as its vessels were working more than a year earlier. The owner and operator of cargo vessels said it had net income of U*****,200, or 4 cents a share,
        Bloomberg Business News  -  101 words
      • Article
        Lock icon Consortium in Corinth bridge deal
        54 46 Reuter ATHENS A Greek-French consortium, the only bidder left, will build the Rio-Antirio bridge across the entrance to the Gulf of Corinth, Deputy Public Works Minister Yiannis Souladakh told reporters on Monday. The project, due to start this year, is expect to cost 400 billion
        Reuter  -  54 words
      • Article
        Lock icon Gulf Air hits out at regional fare wars
        299 46 Reuter MANAMA Gulf Air president Salim Bin Ali Assiyabi criticised Arab airlines, including new regional carriers, for competing in a limited market by cutting prices. "In Europe, competition between airlines focus on providing excellent services to passengers while the Arab carriers are
        Reuter  -  299 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1782 46 fi nm in nm w Mi MM! 0X510 1900 OWSII 22S5 MMM SQ227 2030 <—I RJ182 1445 RJ183 2230 MMrMa KL837 1450 KL832 2300 GA895 1450 SQ324 2345 SQ323 1815 MM NZ21 1820 NZ22 1825 SQ288 2040 SQ285 2045 IMI GF149 0650 B S«t Mm BM21
        1,782 words
      • Article
        Lock icon PAL to auction off unused jets
        218 46 AFP MANILA Troubled Philippine Airlines (PAL) on Monday sought bids for 10 jets phased out of domestic service, and is trying to dispose of two other grounded planes as part of cost-cutting measures. The 10 BAC-l-lls with a flight simulator, 11 spare Rolls Royce
        AFP  -  218 words
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      79 27 Drager x m SAFETY EQUIPMENT \l (SOLAS APPROVED) PA9O MARINE lImH Sp PF r,nu J HIGH QUALITY HIGH KWORMANCK highly ArroßDAiu Draeger South East Asia Pte Ltd 67 Ayer Rajah Crcaccnl #06-03 Singapore OS 13 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING Aftermarket shootout, Page 18 MAS
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      40 27 r VISA FREIGHT SERVICES PTE LTD THE TOTAL TRAiISPORTATIOrt PEOPLE j S 1800 *****66 i I i Milium -T:' J?" y fg§ LOOKING DEEPER A probe into current market developments. Hock Lock Siew. Everyday. f l Business Times mourn Am
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      414 28 TSKIJNE AGENOES (S) PTE. LTD. WT.S.K. LINE 1 Jhi'V 7 Tlx: RS *****/TSKSJN TOg TOKYO SENPAKU KAISHA, LTD. CR No: **********0N ACI LOTUS 0508 **04.04 »*0« 04 05.04 01.04 12vM 14 04 19 04 19 04 »04 KM HUWAI 0403 0104 *0104 0104 12J4 1104 1104 22.04 23J4 2104 24.04
      414 words
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      927 28 I km" w» w¥ »w* ommtu war si'iiSP S'w "™-l unm-i CAUKMMA SATUM I(4 (74 184 25.4 I ?M I 214 I 7tT|2?M2M 27* I 304 CAIMMMA MIACURY 60 1314.4 30 4 25 45 I 5.5 35 I 35 I 4S 45 I 75 WD UK 12 014W 114 *3.4
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      2155 29 mm OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHO. TEL: *****13 FAX: *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 IPOH TEL: *****3/4 FAX: *****6 CUSTOMER SVC TEL: *****92/*****91/*****93
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      1909 29 mnmssma; MAERSK EXPRESS SERVICE TO PERU/CHILE/BOLIVIA NEXT SAILING 'i ARTHUR MAERSK V.9406 ETA SIN 13TH APRIL 1994 Vessel Voy ETA ETD Feedered by S Laurel A Leerort DESTINATIONS This weefc MARGRETHE MAERSK V 9404 fWWWaHf^■— CY 12/04 0800 HRS CfS 11/04 2359 HRS JQH LPK PEN OAK LGB SfO MEM
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      1447 30 AOABA R OAM/1 [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEODAH (VIA JED) S TON H BURG A WERP HAVRE w«JA KAMAKURA 33/113 6/4 23/4 26/4 24/4 KetafJ PenL, ESSEN EXPRESS 05/313 10/4 16/4 25/4 27/4 30/4 2/5 4/5 Pasir Gudang ELBE 21/114 13/4 30/4 3/5 2/5 EAST MALAYSIA
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      598 30 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for aM services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN OKR Ned America V 2084 6/4 12/5 CGM Korrigan
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      1119 30 NORASIA WEEKLY SERVICT WITH FIXED DAY SAILING IQ. LA SPEZ»A r FFOrS r BARCELONA, VALENCIA FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH X PORE bebeial AttiT: NORASIA AGENCIES (S) PTE LTD |a»an nccgr— id TO: CR NO. 13HlMobea> 73#ee3 FAX 473t##0 THAJLANO AGENT :P® AGENCIES CO
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      1790 31 STRAITS SHIPPING PTE LTD 10 Hoo Chiang Road #11-01 Keppd Towers Singapore 0208 Id: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE jgroßp (A SERVICE OF CHINA NAVIGATION CO) cargo out sails amm a Tl MPt 07 Apr FCI, LCt COMTAINCR ANO MCAKMJIK KRVICE TO FAPVA NEW OUMEA RAJAH BROOKE WIOC
      1,790 words
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      Page 31 Advertisements Column 2
      3050 31 SINGAPORE AGENT: IJXtC 1 I AfltQl tIAI*G p Containers (Singapore Agencies) Pte Ltd A 9 10 Hoe Chiang Road #07-01 Keppei Towers. Singapore 0208 WnWmW&jEX T*: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VESSEL VOY *PNO *PKO SW SOU ANT ROT ham
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      523 32 j GENERAL AGENT C.R NO: *****81-***** 5 dri EKA jaya agencies I >M§T TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE fHO CHI MWM CITY >AOM IHAMPPHOMK7DMECT ~l WWIThOi una kilyw chaw una mimi'rnnii M ""v unn limot? > TO VIETNAM/HCMC CONTAINiR-PltDßr mivici 5 CENTER-POINT J. g 7
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      Page 32 Advertisements Column 2
      1608 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDD VSI I SM |UC HAUL M fOI 0* W SM llfE HOUI SM U MTC HANJM SMGVOK 0131 8 4 MtECT 21/4 30/4 1/5 HMUN SMGAPOK 013E 8 4 ft KWYOM 054E 12/5 13/5 15/5
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      Page 32 Advertisements Column 3
      1339 32 «tw rH'H"TiirWi I- .*lWw»m iu as I* rtc im mnnr*tpscm pu M I sailf HOM 1/4 I J/4 14/4 11/« U/4 »/< 21/4 22/4 22/4 23/4 5/5 17/5 l»/5 21/5 11/5 Jl/5 l/l 2/1 J/1 U/l 23/1 27/1 20/1 M I out K 045 12/4 U/4 11/4 20/4 22/4 25/4
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      1981 33 M—PLEASE CALL HI H II NEPTUNELINK (1800 *****00 TOLL-FREE) FOR THE FOLLOWING INFORMATION: HI ■I IU VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ HI ■I fiK H FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ H II AVAILABILITY OF DOCUMENTS FOR COLLECTION ■I -w ciwcuw cmmm Hmtm *n n mn twu ■I r *12 CanMCttM CMHarnta
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      Page 33 Advertisements Column 2
      1289 33 A MULTILINE SHIPPING PTE LTD A W (a member of SMSOV Group) CR NO: **********0 C ENQURES: *****33 BOOKHfiS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****2S T/S *****46 FE3CO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
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      1565 34 K~ —ft AS AGENTS: "K" LHK (SHRANK) PTE LTD <01 NO: **********0M/GST REG NO: M 2-*****99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 i W MALAYSIA "R" LHK MJUUTIME (MALAYSIA) SON IHD I U TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA: P.T. SAAAMA LAIIT
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      Page 34 Advertisements Column 2
      750 34 @APPENSHIP /g\: HAMBURG v7v CONVENTIONAL A INDEPENDENT UNER SERVICE V-/ EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE 10ADMG FOR SUMMER SZE 14/03 BREMEN 18/03 SPORE 26/04. BKK FRUITION KLA 28/03 ANT 05/04 SPORE 05/05 BKK LORELEY HAM 23/03 ANT 28/03 SPORE 28/04 BKK. LAEM I
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      Page 34 Advertisements Column 3
      346 34 GOLDEN LINE: GUAN GUAN SHPPMG (PTE) LTD 23. T«M kym Street KVOK MM TE ***** M (11 UKS) Fa: *****44 ((X N* 1012MMMM) imm/nMim CPLF inwa S'pore P Kelang Penan? «nSTMKarachi Dubai 2t/»*r- IMH BUCt Karachi Dub* lf/ll ftp CHIHA iUWCI GOLDEN HOMO China Ports 21/21 Apr A VSt China
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      1022 35 f PACIFIC INTERNATIONAL LINES (PTE) LTD 1 I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO **********0E VESSEL w ilii V"« Lvov 55T 35? SIN fliyo yiiiMif J4|i a/j 44/4 «n/j MAJAPAHIT 4241 10/4 13/4 17/4 X 2 1 /4 ™Z BUNOA TERATAI 4953 12/4 15/4 19/4
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      Page 35 Advertisements Column 2
      944 35 KSSIIS WOT ~"sW WMMG ROIItROAM ANTWERP IHAMS U HAEVt Will K VISTA 7432W 09/04 02/05 04 05 05,05 06 05 07/05 Will 01 TITAHA TO3W 12/04 00/05 01/05 10/05 07/05 04/05 Will 01 TUCANA UO3W 19/04 13 05 15/05 17/05 14/05 11/05 HAWS* CIMUM RO3W 22/05 24/05 24/05 23/05 20/05
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      Page 35 Advertisements Column 3
      515 35 I*********************************l *1 I# elAMftl SHIPPING TEL: *****88 FAX: *****00 J DIRECT REGULAR SERVICE J JAKARTA SURABAYA ACCEPT CARGOES TO ALL OTHER INDONESIAN PORTS WITH TRANSHIPMENT AT JAKARTA OR SURABAYA DESTINATION ETA ETD VSI JAKARTA 11/4 12/4 P. KALIMANTAN I 15/4 IS/4 P. SUMATERA I 20/4 21/4 P. JAWA 30/4 31/4
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      Page 35 Advertisements Column 4
      417 35 BSA A MM* MYANMA PHMk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kit Pen P.Gdf PUVAI MUOHU VIN In Port WA AN N2OIW 1/10 Apr PAGAN V2O9W 15/17 Apr i MALAYSIA AGENTS BOUSTEAO SHPPMG AGENCKS KUI TEL 03-*****00 PKI; TEL 03 -*****67 PEN TEL 04-*****5 PGD
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      86 37 MARITIME INSPECTION CORPORATION Naval Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 yeas experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company fbimation Statutory survey and issuing of mandatory Load Line, SOLAS, MARPOL Certificates on behalf of the Governments of several open
      86 words
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      3150 38 p/Ap SINGAPORE'S GENEKAL AGENTS MALAYSIA'SAGENTS I I I I COSTAM SHIMMC PTE LTD Cftaaf Ckuo Sfcppnf S4a SM 2 Mistri Bo*, HMC BUg »15 00 Siigapott 0207 Mam Lite: Port KeUag 368 8106 Cff NO: *********** UCB MO: CCSV KuU turnpar -13 241 4CIC Trri A TX mTA MAIN LIME:
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      Page 38 Advertisements Column 2
      181 38 TO AUSTRALIA/NEW ZEALAND [~wi Sk ftan Itoft 5m Duck F. Ouk» MTNDrtN 1»« ii/ 3 24/4 27/4 575 575* ELU* HUM 155 1575 5575 ST* 175 575 575 bmbsi 3?7 575 TT7S TtTs" "1575 5575 i 575 MMTH* m 5575 575 575 i 575 w75 MA AUCKL WO TO USA/CANADA
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      651 39 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 10/4 ROTTERDAM 10/4 AMHUS/COPENHAGEN 10/4 HAMBURG/BREMEN 10/4 MARSEILLE/FRANCE 12/4 FELIXSTOWE/UK 10/4 BARCaONA/SPAM TI/4 LEHAVRE/FRANCE TI/4 GENOA/ITALY 1174 ANTWERP/BELGIUM A/4 LOS ANGEIES/WC/PI 10/4 SYDNEY/MELBOURNE 7/4 NEW YORK/EC 10/4 FREMANTLE/ADELADE 8/4 VANCOUVER 874 BRISBANE 7?4
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      Page 39 Advertisements Column 2
      906 39 j iMßMaaa—l 1 S 51 9 vessel vov sm w» 81l H I>WA 551 Efl Tm 12/4 DEJA BHUM 4557 Fri lln Pt Sat I S/4 VESSEL VOY UN BKK 8 BHATRA BHUM a— Sal 9/4 Tw 13/4 THANA~BHUM KM Fri liTpT Sun 10/4 N^B Ml MAMA BHUM 204H Wad
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      Page 39 Advertisements Column 3
      610 39 Guaranteed Sailings to: BANGKOK•LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU j •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPECHINA AND ALL DESTINATIONS pi PONGNAMA LINE KM ns M m n IWMS MM 1/4 11/4 12/4 21/4 2M SNNMC MB V4MN 1 J/4 15/4 17/4 11/4
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      1628 40 LINES; INC lipMW tßMau- iwwft aoaoaa m MNM) SSSSS'JoSrSSwae BSJQSSSJ Jj£) 7 *****67 SiSSil^ftSfai^i 3 r PMELANQc (08) *****77 JAKARTA: <23) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE I > PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 10/4 11/4 12/4 Hone Kong Genoa/Barcelona 12/4 13/4 14/4 13/4 14/4 15/4 Honf
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      205 40 SEAWARD SNIPPING AND TRADING CO (S) PTE LTD tin ha hi VOK KM! KUJUK fOMNG ■.IK MX 14/4 11/4 lo«ftng toe Mile RUVM HUDHU 78 4 Discharging <ix) loading toi Bo<nbay oanw 15/4 loading fw Mate nOKUSUTKMI 1(4 loading Foi Matt UMCIDH 16 4 loading For Mate nocHss unn loading
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      Page 40 Advertisements Column 3
      1102 40 r JL THONG SOON UNES PTE LTD 1 I /XV\ 78 SHENTON WAY #10-01, SWGAPORE 0207 I I V/ TEL: 227-5088 FAX: 227-6011 I I RS ***** CARRIER, RS ***** JENHOt CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY S PORE PEST VESSEL |VOT [S'PWE iDEST EQUATOR ROYAL 98/4E 06
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      677 41 iilitfMJJJMi 3 WSVEVERETT ORIENT LINE" 1 JAPAN/BAY OF BENGAL/JAPAN SERVICE ■r* Monw wuuu/soc c/imocs to/fmh kok. tonohmm, mgoya. MOt, TOUTO*, MMU*. OMMT, J Ptnanf* P. Kdanf Sinfaport EUaa* IVYEVERETT m OS/09 Apr 10/11 Apt t KAMALEVERETT V2OC 24/25 Apr 21/27 Apr 9 SMAPIAEVERETT V2OE 03/04 May ICdPTMG MJMUU/FCI/SOC CMGOB TO/FMN
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      Page 41 Advertisements Column 2
      253 41 VML fiURV MKATM GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP Pitt PNG KAO GLORY SELATAN X 26/4 28/4 4/5 13/5 GLORY SELATAN VI 9/4 11/4 17/4 28/4 SP PKL HCM HK KAO GLORY SELATAN VI 16/4 19/4
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      554 41 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE mmoi™ KAPTAI ItS-HW 99/04 20/04 ■JMMRB 147-HR 27/04 00/05 Hyderabad la-ww 12/05 21/05 makaan 147-ww 27/05 os os FAR EAST CONTAINER SERVICE ONLY St^^ MMM [nag Iron IRBEBABAD 112KWll0>/04 14/04 l»/04 22/04 24/04 20/04 MAKRAN 140-QWj 11/04 22/04 20/04 20/05 30/05
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      607 41 juuHiiuiilMliiMa FORTNIGHTLY DWECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS MAN HE/82 11/04 24/04 2S/04 27/04 HUIHE/104 26/04 04/05 10/ OS 12/ OS VI HE/98 11/ OS 24/ OS 25/05 27/ OS SHUN HE/103 26/ OS 09/08 10/08 12/ OS TAO HE/84 11/
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      295 41 SjN FAR EAST 12/04 KEELUNG/KAOHSIUNG 09/04 BANGKOK 10/04 MANILA/GEBU 10/04 JAKARTA/BELAWAN/SURABAYA 11/04 PORT KELANG/PENANG/E. MALAYSIA 10/04 BUSAN 10/04 TOKYO/YOKO/KOBE/NGO/OSA 10/04 HONG KONG S|N CHINA 10/04 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 11/04 LDN/FLX/LVP/SOU 11 /04 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. SIN MSA/CANADA 10/04 LOS
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      816 42 fe* Handling System Co. Pte. Ltd. \SC 198 6 139, N*U Road, #03-00, Singapore 0200 TT7 TT7 —M CF3-20, Qui Road, Singapore 2202 Tat: 02-*****28 < Handling System Co. Sdn. Bhd. N0.9 Lorong Cungah, ***** Port Klang, Selangor, Malaysia 24th Floor, UMBC Main Building, ***** Kuala Lumpur, Malaysia Handling System
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      335 42 Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 20 APRIL (Accepting to aN Nw Ziilmd porta) PENANG 08 API JAKARTA n APR PORT KLANG 14 APR HtlMfOl 10 API NOMKONO 0 API MANILA 10 API MELBOURNE 14 API SYDNEY 14 API FREMANTLE W API MfftftPff 14 API I6OTNENRVRR 00 API 'ACCOTM6
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      Page 42 Advertisements Column 3
      650 42 This Week's Sailings Siagapore T FIRST FORWARDER IN To: ETD To: ETD ASIA awarded Singapore Singapore 'SO 9002 BY lrqa H EVERY EVERY t Bangkok SUN Jakarta SUN every EVERY /tf^rnn Manila SUN Ho Chi Minh FRI ({f|Jj every every Ljssd Colombo TUE Limassol THUR MTERNATXMAL SEA FREIGHT FORWAROMG WW
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      Page 42 Advertisements Column 4
      76 42 Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SJL ear CMT Liner Express Agendei Pte Ltd Hot Line s 22-007-22 kgulah amtmmmm. «wg VESSELS VOT NO ETI EID KSTMIUI "TAT DO" 1/94 Mrt N/4 WSTN FfntOßM MXT "fiMMMO" 2/94 MPT K/4 SMGOR 'SONS HMT' 3/94 11/4 14/4 WKTM
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      1225 43 JiarßrSry CRYSTAL FREIGHT SERVICES PTE LTD fl SOTTAS... *w>mm*mm. q MWIHTO I iMuiHtfcol Iw MNRKOK 8/4 AUCKLAND 7/4 ANTWERP 11/4 BIISAN 11/4 ADELAIDE 13/4 FELIXSTOWE 9/4 HONG KONG 8/4 BRISBANE 14/4 HAMBURG 10/4 JAKARTA 12/4 FREMANTLE 8/4 ROTTEROAM 10/4 SURABAYA 12/4 V.\ KEELUNG 13/4 SYDNEY 7/4 KAOH S |UNG 9/4
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      Page 43 Advertisements Column 2
      201 43 The Baltic Exchange was closed on Monday for Easter holiday. Trading will resume on Tuesday, April 5. /JiN CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS ■g nmmoam wh i/ii w/w I I I I HU KKM MBWI »/U 12/ M tl/M
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      283 43 C CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.31 POOTS VOT BUENOS MONTEWPtO PUROAN 555 HBHB MM IUIfOW I NA4OYA YOMMMAI WMU /UMS— oom—BT bwt iwm Mm SAKEP KM/»I OIOS/Q* 00/Q4 IHM« iB/ga N. MWPHAVA B0« H«B IMW SABgP 07 QS/04 111S/Q4 H/Q4 tMt/Ot »/Q4 nm ißmu an imi/m ai/os >t/q4
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      403 44 Vtssa I VOTAff SXGAPORE MANILA WWW MCf* W9H <WP« (FW) 18/04 (SAT) WWW PKffK I HlS«w U/Q4 (WW) K/04 (SAn IHQTft fia 15/04 (FW) 23/04 (SAT) FtDAY MO MOMMY IHPT aJuiIM—IMIMIIIIIIIIB (MOW) 23/04 (SAT) Vtssa [VOYAGE CEBU WPWm Lhtuw" 0 Mlg 08/04 (Flm 14/04 (TWU> 15/04 <FW> 17/04 <ajN) wisa
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      Page 44 Advertisements Column 2
      370 44 G AMY ON HOLIDAYS WHEN YOU SHIP WITH US I /VJJm/// nKI AK|>tlLK copisoi iDAiun si kvk is rn ltd H| [jtl J lOIKH M 37 I'uMon l; .1 M'M'l '■<-< I* H A 3-' tl\ ..4 c PT BAHARI HALUAN SAMUPERA Weekly COMMON FEEDER SERVICE wgt wi mgm tout
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      Page 44 Advertisements Column 3
      19 44 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. BusinessEmes
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  • Page 44 Miscellaneous
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      665 44 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 m 16 1.5 1.4 1.5 1.6 1.1 2.1 2.3 2.4 2.3 2.1 1J 1.5 1.2 0.9 0.7 0.7 0.9 12
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      917 45 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 HM* ME* P6D* VESSELS VOV SW HTM OUT* LEW MM ME| FB. 06/04 Ot/04 09/04 H. CHALLENGER 309* 11/04 30/04 01/05 03/05 01/05 01/05 04/05 13/04 15/04 IS/04 H. PIONEER 308* 18/04 06/05 07/05 09/05 07/05 07/05 10/05 20/04
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      Page 45 Advertisements Column 2
      510 45 I STRUTS/ J*PIN^T*/UT^ERVICt I SPECIALIST IN RO-RO t HEAVY LIFTS I MOOUM KSSILS I wssu wi n uc u I m 11/4 IS/' 17/4 I CUM TRMU (31 4/4 7/4 I TIMS NTS m ii/ 4 I ,/4 lIM SIT 117 1/4 Ml 12/4 I UHIUI R4 9/4 |l/« I
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      Page 45 Advertisements Column 3
      856 45 JEDDAH/UK/CONTNENT STOK |o SION KMC RTMM UN •Mm Accqtf* top F«r KAMAMMA 11/111 4/4 21/4 24/4 2>/4 Ti >lii li< MI 4iiMiilw ■-■-4 ESSEM EVKSS 05/111 9/4 14/4 27/4 10/4 2/5 4/5 Uferte :h M (SJZI oT MMu ELK 21/114 11/4 10/4 1/5 5/5 :Z MM MAMDKI EVKSS 19/114 14/4
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