The Business Times, 19 April 1994

Microfilm: NL19363
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Tuesday April 19 1994 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon US Justice Dept probes mobile radio mergers
      60 1 Bloomberg Business News WASHINGTON The Justice Department is investigating more than US$2 billion (SS3.I billion) worth of specialised mobile radio (SMR) mergers, concerned that Motorola Inc and a few major SMR operators may get a stranglehold on the rapidly consolidating industry. The investigation
      Bloomberg Business News  -  60 words
    • Article
      Lock icon Westinghouse sells German business
      41 1 Bloomberg Business News PITTSBURGH Westinghouse Electric Corp yesterday said it sold Controlmatic, an environmental services business in Germany with about* 1,100 employees, to two subsidiaries of France's Cie Generate des Eaux. The termsweren't disclosed. Bloomberg Business News
      Bloomberg Business News  -  41 words
  • Article
    MARKET SUMMARY
    161 1 Stock market indices Monday Change STI1 2,239.07 +26.89 KLSE Comp 1,050.26 +16.60 Nikkei 20,277.36 +112.73 Hang Seng 9,506.84 -29.22 SET Index 1,312.33 +30.17 Jakarta Comp 476.449 +3.796 CLSA China B ....1,004.25 +2.67 Aust All Ord 2,095.9 +15.3 FTSE 100 3,138.2 -30.1 Monday Previous 2pm close Dow Jones 3,623.10
    161 words
  • Article
    Lock icon Fed surprises with another rate hike
    707 1 Fed funds rate now quarter-point higher at 3.75 pc, say Wall Street analysts AP, Reuter, Bloomberg Business News WASHINGTON The Federal Reserve surprised financial markets yesterday by saying it will force interest rates higher for the third time in less than three months. The
    AP,; Reuter,; Bloomberg Business News  -  707 words
  • Article
    Lock icon Dow sheds 38 points
    67 1 Reuter Mi NEW YORK Blue-chips were down sharply yesterday on news that the Fed has again forced interest rates up. At 2pm EDT, the Dow was ofT 38.37 points at 3,623.10, after earlier skidding to 3,615.07. In the broader market, declining issues led advances 3 to
    Reuter  -  67 words
  • Article
    Regional stocks advance, HK bogged down by rate fears
    181 1 SINGAPORE Regional bourses gained further ground yesterday. The exception was Hongkong which continued to be dogged by interest rate fears. In Singapore, the Straits Times Industrials Index started on a strong footing and ended at its day's high of 2.239.07, up
    181 words
  • Article, Illustration
    SM Lee: a better Asia when Australasia is part of boom
    550 1  -  From Chuang Peck Ming in SYDNEY IT WOULD be a better Asia when Australia and New Zealand were part of the region's success story. Senior Minister Lee Kuan Yew said yesterday. Asia would become less xenophobic, less racist, more
    550 words
  • Article
    Lock icon Kidder uncovers big bookkeeping fraud
    221 1 NYT. Reuter NEW YORK Kidder. Peabody Co said on Sunday that it discovered an elaborate bookkeeping fraud by the head of its government bond trading desk and that as a result, the brokerage firm had reported over the last year USS3SO million (***** million) in
    NYT.; Reuter  -  221 words
  • Article
    S'pore, UK to form joint business group to tap regional markets
    545 1  -  From Walton Morais in LONDON SINGAPORE and the United Kingdom have agreed to form a joint business group involving their private sectors to boost bilateral economic ties and tap opportunities in the booming Asian region. The agreement was reached
    545 words
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      238 1 Tht Woriifs Smalast 35mm Auto Focus Zoom Carom ZGPM3GDQD Most investors not deterred by Medan riots Page 3 Hata looks set to be Japan's new PM Page 14 I CONTENTS Spore News 2 S'polTlJhla *15.16.17 Regional News 3.4.5 Financial 20.21 World News 6.7 Futures Markets Analysis 13 Oob/KLSE. SES 24
      238 words
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      9 1 Property: p g 10 One-stop centre for building materials
      9 words
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      29 1 Hock Lock Siew: p g is Ay Chun King: no easy decisianjor YHS Earlier report, Pg 7 Full reports. Pages 22-26 Tokyo bull run set to resume. Page 18
      29 words
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      Page 1 Advertisements Column 4
      102 1 The Bottom Line: Pg 14 HK property price fall will take time Genting's Asiatic Development embarks on two major property ventures costing Ms34m Page 15 SCRIBE HAND-MADE BY BALLY HJKfr SCRIBE is Bally's exclusive collection of highly comfortable, hand-made welted shoes. Xhey perfectly reflect Bally's total commitment to traditional craftsmanship.
      102 words
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      Page 1 Advertisements Column 5
      19 1 JX± The World's Smtat 35mm Auto Focus Zoom Cman M -II .T^HM ZGDWI3ODQD Singapore Unlimited takes centrestage, Page 14
      19 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon US growth a boost for S'pore
        368 2  -  By Anna Teo AN EXPECTED pick-up in external demand, following the strong 7 per cent expansion in US GDP during the 1993 last quarter, will fuel growth of the Singapore economy in the first halfyear, says the United Overseas Bank (UOB). Singapore will grow
        Source: MTVUS Dept of Com  -  368 words
    • Article
      IBM's offer of severance backfires as key staff seek greener pastures
      614 2  -  By Joseph Rajendran STAFF losses could disrupt efforts by IBM Singapore to revive its fortunes. Against a background of falling profits, a voluntary severance package ofTered to employees has received a more than enthusiastic reception more want to leave
      614 words
    • Article
      14 retailers to visit Vietnam
      124 2 FOURTEEN companies will take part in the first Retail Market Development Mission to Vietnam, organised jointly by the Singapore Retailers Association (SRA) and the Trade Development Board. The mission, from April 20-25, is aimed at developing business contacts in Vietnam. It will be led by
      124 words
    • Article, Illustration
      Electronic Road Pricing trial runs carried out without a hitch
      273 2 THE THREE consortiums vying to supply Singapore's Electronic Road Pricing (ERP) system have reported problem-free trial runs. Project managers of the consortiums said yesterday their systems had successfully registered vehicles passing through gantries at speeds of more than 120kmph. as
      273 words
    • Article
      Sembawang Engrg joint venture wins $38m govt sewage treatment tender
      259 2  -  By Ramesh Divyanathan A JOINT VENTURE of Sembawang Engineering Pte Ltd (SEPL) has clinched a $38.6 million tender for a sewage treatment contract from the government. SEPL, a unit of the Sembawang Group, teamed up with Frankfurt-based Lurgi Energie Und
      259 words
    • Article
      Electronics firms move to plug into US$3b Philippine market
      268 2 SINGAPORE will lead the largest group of exhibitors to a procurement show in the Philippines to cultivate business in the US$3 billion (554.6 billion) electronics market there. More than 50 Singaporebased companies will participate at Procurement Electronics Philippines '94 many for
      268 words
    • NEWS ROUNDUP
      • Article
        5 companies to get May Day awards
        116 2 FIVE COMPANIES have been awarded the Plaque of Commendation in this year's May Day awards. They are: East Asiatic Company, Pan Malaysia Cement Works, Neptune Shipmanagement Services, Smithkline Beecham Pharmaceuticals and Singapore Daimaru. A total of 14 awards will be given out at
        116 words
      • Article
        25 to vie for seats on NTUC committee
        51 2 A TOTAL of 25 candidates will vie for 21 seats in the election to the NTUC Central Committee on April 23. Sixteen of them are incumbent Central Committee members. They include Lim Boon Heng, Oscar Oliveiro, Othman Haron Eusofe and Yu-Foo Yee
        51 words
      • Article
        Asian Paper 94 to focus on environment
        78 2 ASIAN Paper 94, the largest paper event in South-east Asia, will highlight a message on the protection and care of the environment at the show, to be held here from April 20 to 22. The latest developments in the industry will be showcased
        78 words
      • Article
        No change in PUB electricity, gas tariffs
        49 2 THE Public Utilities Board announced yesterday that there will be no change in the electricity and gas tariffs for the coming quarter starting May I. It said the next review will be conducted three months later for the quarter starting Aug I.
        49 words
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      Page 2 Advertisements Column 1
      177 2 Epson Makes Business A Pleasure. EPSON Sin gaporeans will soon find it takes 3% h ours to SAVE MONEY. All it takes to savf. money is a 3Vi hour drive up north. Now Hotel Equatorial K.L. is inviting you to enjoy a special rate* on ROOMS EITHER ON A SINGLE
      177 words
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      49 2 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Most investors not deterred by Medan riots, say brokers
      492 3 Knight-Ridder, Reuter, AP SINGAPORE Most foreign investors are unlikely to be deterred by labour riots in Medan, Sumatra, over the weekend, according to brokers in Jakarta. But some were unsure about how prices will react. Anxious clients in Hongkong and Singapore
      Knight-Ridder,; Reuter,; AP; AFP  -  492 words
    • Article
      KL, Bangkok to sign gulf exploration pact
      237 3 KUALA LUMPUR Malaysia and Thailand will sign an agreement on Thursday to pave the way for joint exploration and development of petroleum resources in overlapping areas in the Gulf of Thailand when Thai Prime Minister Chuan Leekpai makes a oneday visit to Kuala
      237 words
    • Article
      Asean ministers to hold brainstorm session this week
      351 3  -  Reports by Ho Kay Tit in KUALA LUMPUR ASEAN trade and economic ministers will meet in Malaysia this week for an informal brainstorming that could plant the seeds of a new economic blueprint for the fast growing region. Malaysia's International Trade and
      351 words
    • Article
      KL says West will try to link trade, labour rights in WTO agenda
      231 3 KUALA LUMPUR Malaysia yesterday warned developing nations not to be complacent over the Gatt agreement struck in Morocco last week as some developed nations might still try to slip into working programmes of the World Trade Organisation
      231 words
    • ASIA NOTES
      • Article
        Lock icon Viet 1st qtr trade deficit at US$78m
        80 3 Bloomberg Business News HANOI Vietnam posted a trade deficit of USS7B million (*****.7 million) in the first quarter of 1994, the Vietnam Investment Review reported yesterday. Exports were US$66B million compared to imports of US$746 million in the three months to March 31.
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Star Pub gets nod for Malay daily
        73 3 The Straits Times KUALA LUMPUR The Star Publications Group has finally received approval to publish a Malay language newspaper after a wait of almost 10 years. In the past, its application, made annually, was rejected because of official apprehensions over its intentions. The
        The Straits Times  -  73 words
      • Article
        Lock icon Tokyo's March money supply up 1.9pc
        76 3 Knight-Ridder TOKYO Japan's money supply, as measured by M 2 plus certificates of deposit, was likely to have grown by 1.9 per cent in March from a year earlier, according to an analysis of data already available. Such a rise would represent the strongest
        Knight-Ridder  -  76 words
      • Article
        Lock icon Philippine trade deficit soars
        85 3 Reuter MANILA The Philippine trade deficit ballooned 54 per cent in the first two months of the year, driven by imports growing nearly twice as fast as exports, government figures showed yesterday. The February deficit of USS43O million was lower than January's USS697 million, but taken
        Reuter  -  85 words
      • Article
        Lock icon Canada firm in Saigon River deal
        65 3 AFP HANOI Canadian firm BGB Systems has signed a preliminary contract for a US$l2 million scheme to upgrade traffic regulation equipment on the Saigon River in Vietnam's Ho Chi Minh City, a report said yesterday. BGB Systems is to develop a system to control
        AFP  -  65 words
    • Article
      Lock icon M'sian defence chief adds to UK optimism on trade
      244 3 Reuter KUALA LUMPUR British defence companies yesterday said they were confident that Malaysia would resume doing business with them, following encouraging comments from Malaysia's defence chief. Defence Forces chief Borhan Ahmad, speaking about a defence exhibition this week in Kuala Lumpur,
      Reuter  -  244 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      301 3 The FMM ESDC in collaboration with University of California (Berkeley) is bringing two dynamic training programmes in Marketing to companies in the Asean region. ill "iiPHmiMB ■nniMM The constant emergence of new competitors into the market has rendered the I established competitive boundaries of quality and service obsolete. There is
      301 words
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      Page 3 Advertisements Column 2
      582 3 ORCHARD PARADE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT NOTICE OF BOOKS CLOSURE IN RELATION TO THE: 1. PROPOSED BONUS ISSUE ("BONUS ISSUE") OF 21,766,800 NEW ORDINARY SHARES OF $1.00 EACH ("BONUS SHARES") TO BE ALLOTTED AND CREDITED AS FULLY PAID ON THE BASIS OF ONE BONUS SHARE
      582 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon No formal airport talks scheduled
        81 4 KnightRidder HONGKONG China and the UK have not scheduled any formal talks to discuss funding Hongkong's new airport, as Chinese negotiators have yet to request such a meeting, according to a UK official. The official said yesterday both Chinese and UK members of the Sino-British
        Knight- Ridder  -  81 words
      • Article
        Lock icon Death for stealing power supplies
        64 4 AFP BEIJING China sentenced 19 farmers to death last year for theft of power supply property, it was reported yesterday. More than 1,000 people were caught stealing or damaging power or telephone lines, transformers and telegraph poles worth about 36 million yuan (556.4 million), the
        AFP  -  64 words
      • Article
        Lock icon Taiwanese overseas investments up
        70 4 Bloomberg Business News TAIPEI Taiwan approved US$53O million (SSB26 million) of overseas investments by local companies in the first quarter of 1994, an increase of 66 per cent from a year earlier, the government said. Taiwan companies are required to obtain permission from the authorities at
        Bloomberg Business News  -  70 words
      • Article
        Lock icon Licences for Chinese architects
        63 4 AFP BEIJING China will introduce compulsory licences for architects and step up building supervision in an bid to end "chaos" and improve quality in the sector, the China Daily said on Sunday. The licensing scheme, successfully tested in north-eastern Liaoning province, is to be introduced nationwide
        AFP  -  63 words
    • Article
      Lock icon China says economy stabilised in 1st qtr
      471 4 But inflation and income disparity remain serious Reuter BEIJING China has reported that its runaway economy stabilised in the first quarter of 1994 but inflation, a weakening state sector and widening income disparity remained serious. Ye Zhen, spokesman for the State Statistical Bureau
      Reuter  -  471 words
    • Article
      Lock icon Will Shanghai's new forex market bring back past glory?
      410 4 Reuter SHANGHAI Champagne corks flew yesterday as Shanghai bankers celebrated the opening of a foreign exchange market on the famous waterfront Bund, which has ambitions of becoming China's Wall Street. Housed in one of the most opulent pre-revolutionary buildings facing the
      Reuter  -  410 words
    • Article, Illustration
      Lock icon Enter the dragon
      70 4 AFP MACAU Grown men go to great lengths to prove a point. Quite a few got together over the weekend to form this dancing Chinese dragon, which was seen crossing the newly opened Friendship Bridge linking Macau and I aipa Island, in a bid to enter the
      AFP  -  70 words
    • Article
      Fujian province to spend 27b renminbi on infrastructure this year
      363 4  -  By Teh Hooi Ling SINGAPORE China s Fujian province, one of the earliest provinces to open its economy to the outside world, will spend 27 billion renminbi (554.5 billion) on infrastructure development this year. Among the projects that will kick
      363 words
    • Article
      China plans US$120m fund to boost high-tech industries
      291 4 SINGAPORE To further develop its high-tech industries. China is setting up a USSI2O million (SSIB7 million) investment foundation in cooperation with foreign financial bodies. It is also in the midst of setting up an "electronics town" in the north-eastern part of Beijing.
      291 words
    • Article
      Lock icon Taiwan promises tariff cuts to gain entry into Gatt
      381 4 AFP SYDNEY A senior Taiwanese official said yesterday his country would lower agricultural tariffs to gain entry into Gatt but the government could not go too far without risking political instability. Vincent Siew, chairman of the Economic Planning and Development Council,
      AFP  -  381 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      267 4 WIN A 1994 DAEWOO ESPERO IN OUR BUY A DAEWOO. WIN A DAEWOO LUCKY DRAW. I.sLsedm(hQ on to rami wßioutCOeSinaurance Buy a Daewoo forklift truck between now and 28th Daewoo's technologically advanced industrial October '94 and win fantastic prizes in not one, but two equipment have been designed to meet
      267 words
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  • REST OF ASIA
    • Article
      Lock icon Japan's trade surplus with US soared 21pc in March
      618 5 Bloomberg Business News TOKYO Japan's trade surplus with the rest of the world grew once again in March as the United States and Japan remain deadlocked over the resumption of trade negotiations. Japan's trade surplus rose 4.2 per cent in March
      Bloomberg Business News  -  618 words
    • Article
      Lock icon Indian opposition uses Gatt to stall budget debate
      365 5 Reuter NEW DELHI Indian opposition parties, charging the government with betraying the nation's interests by signing the Gatt agreement, forced the adjournment of parliament when it resumed a crucial budget session yesterday. "Gatt has become the code word for all economic discontent
      Reuter  -  365 words
    • Article
      Lock icon 20,000 Aussie coal miners going on strike to protest against price cuts
      358 5 AFP SYDNEY Australian coal miners yesterday called for a 48-hour strike to protest against export price cuts, drawing condemnation from the government and industry chiefs. A total of 20,000 mineworkers in the black coal industry would strike from
      AFP  -  358 words
    • Article
      Lock icon Patriot missiles arrive in S Korea to counter North's nuclear threat
      358 5 Reuter SEOUL Two United States ships carrying Patriot air defence missiles docked in South Korea yesterday as Seoul and Washington raised the pressure on communist North Korea to come clean about its suspected nuclear arms programme. Amid tight security,
      Reuter  -  358 words
    • Article
      Lock icon Aussie opposition drops hardline economic policies in new tack
      279 5 Reuter CANBERRA Australia's conservative opposition, which last year was defeated in an election which it was not supposed to lose, has abandoned the hardline economic policies that have driven its agenda for the past 10 years, opposition leader John Hewson said
      Reuter  -  279 words
    • Article, Illustration
      Lock icon Rao pledges to pursue economic reforms
      422 5 AFP NEW DELHI Indian Prime Minister PV Narasimha Rao pledged his continued commitment yesterday to radical market reforms. Flagging off a five-day jamboree here of foreign investors organised by the government and United Nations Industrial Development Organisation (Unido). Mr Rao appealed for increased inflows
      AFP; Reuter  -  422 words
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      179 5 I *if J JOfm H tM?IM 181 ■IL yi, atvvt i 3« MAPBsp ■QjBK 3y flMfigL b World-class choreography. Masterfully performed China Airlines IjMHH Like an accomplished dance troupe, China from Taiwan, one of the world's fastest Airlines owes the superior craft of its service growing economies. aloft to a
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  • THE WORLD
    • Article
      Lock icon Foreigners to be offered block shares in Russia's Big Bang
      489 6 Reuter MOSCOW Russia's state sell-offs will shift up a gear in eoming months with debut offers of block shares to foreigners in privatised firms, and bankers say the new "Big Bang" will spur a Western investment boom. "The government will
      Reuter  -  489 words
    • WORLD WATCH
      • Article
        Lock icon Iata members suffer US$4b in losses
        111 6 Bloomberg Business News GENEVA The International Air Transport Association said its 220 members suffered a combined US$4.l billion (556.3 billion) loss in foreign operations in 1993, due to over-capacity and insufficient cost-cutting. lata described the 1993 results as "nearrecord losses" and "shock figures". Losses
        Bloomberg Business News  -  111 words
      • Article
        Lock icon Bonn sees growth in first quarter
        95 6 Reuter BONN The German economics ministry said west German gross domestic product (GDP) was likely to have grown in the first quarter compared with the same period of 1993. In its monthly report, it said latest economic data pointed to a strengthening in the
        Reuter  -  95 words
      • Article
        Lock icon French recovery gaining strength
        92 6 Bloomberg Business news PARIS The French economic recovery strengthened in March and spread to all sectors of the economy, the Bank of France said. Industrial production grew strongly in general and in the car industry in particular, reflecting government incentives to trade in old cars for
        Bloomberg Business news  -  92 words
    • Article
      Lock icon Russia moves to modernise bank settlement system
      247 6 Reuter ST PETERSBURG Russian banks will get their first modern payment settlement system next month when US banking systems giant Unisys finishes a US$5 million (SS7.B million) project at the St Petersburg branch of the Russian Central Bank. "This system will enable the
      Reuter  -  247 words
    • Article, Illustration
      Lock icon A warrior subdued
      109 6 AFP JOHANNESBURG A Zulu warrior from the Inkatha Freedom Party sitting behind razor wire in a township near here on Sunday. A planned IFP memorial march for its members who were killed during a rally in central Johannesburg on March 28 was cancelled yesterday but more action
      AFP  -  109 words
    • Article
      Lock icon Saudis get reduced US$1.3b loan for US arms purchases
      246 6 Reuter MANAMA Saudi Arabia signed a loan agreement last week with local and regional banks for a US$l.3 billion (552.02 billion) loan to cover US arms purchases, bankers in the region said. The loan, arranged and signed only within three weeks,
      Reuter  -  246 words
    • Article
      Lock icon Italian business welcomes new govt, wants more reforms
      362 6 Reuter VERONA. Italy Italy's businessmen welcomed the country's new government and a free-market attitude, but warned against losing the gains seen under the previous administration of Carlo Azeglio Ciampi. "For the first time, after being in the minority for so many years,
      Reuter  -  362 words
    • Article
      Lock icon IMF reshapes SDR plan to win support from rich nations
      426 7 Reuter WASHINGTON The IMF is pressing ahead with its proposal to issue some US$5O billion (Ss7B billion) worth of its own artificial currency to member nations and has rejigged the plan to win support from rich countries, a senior official
      Reuter  -  426 words
    • Article
      Lock icon Tax hikes slow British retail sales growth, says survey
      401 7 Reuter LONDON British retail sales grew slowly in March compared with the same month of 1993, probably largely due to higher personal taxes that hit consumers in early April, the Confederation of British Industry said yesterday. In its widely watched monthly
      Reuter  -  401 words
    • Article
      Lock icon Virgin and Japanese firm tie up for London's County Hall hotel project
      332 7 Reuter LONDON British entrepreneur Richard Branson's Virgin Group said yesterday it had joined Japanese property firm Shirayama Shokusan Co Ltd in a project to convert London's County Hall building into a hotel and leisure complex. The landmark former
      Reuter  -  332 words
    • Article, Illustration
      Lock icon At the height of floods
      46 7 Reuter RYAZAN, Russia A Russian woman holding on to her cat as her husband paddles out of their flooded house to look for help near here on Sunday. Melting snow caused the biggest floods in 20 years in the area. Reuter
      Reuter  -  46 words
    • Article
      Lock icon East Europeans languish as EU seeks richer partners
      530 7 Washington Post PARIS An invitation to a feast and a chance to discuss the fate of Europe seemed too good to miss, so foreign ministers from six east European states eagerly flew to Brussels last month to meet their 12 colleagues from
      Washington Post  -  530 words
    • Article
      Lock icon Higher rates mar cosy ties between Fed, White House
      528 7 Reuter WASHINGTON Higher long-term interest rates blowing through the markets these days are chilling what had seemed a largely cosy relationship between the White House and Federal Reserve, analysts say. Clinton administration policymakers had appeared to walk very softly in talking
      Reuter  -  528 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      227 6 (t In Beijing In Shanghai In Shenzhen For enquiries, please call: Shangri-La Beijing Hotel Equatorial Shanghai Shangri-La Hotel China National Publications MBy| The StluitsTmieS; jj||| Yanshan Hotel Yangtze New World Hotel Forum Hotel Import k export Corporation o§w?st v Great Wall Sheraton Hold Shanghai JC Mandarin Century Plaza W-,M Kunlun
      227 words
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  • Page 7 Advertisements
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      94 7 m rrmStbk I? ,l n ,nn 1 nWgpPF > I I I i 4 ■igi.^yy'^fw-"'-'.''• Ts&H»£ t vv^-*3-1 -«-»-1 ■"> 22 Th# U'M" Radava* Authority •*•<( -n no way >«o*a »0* a*>y CJa'au'T O' failu'a cowpiyma «.f* any of ma t«*m« inii rnndl om of rr>» oo* o r *0'
      94 words
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      Page 7 Advertisements Column 2
      130 7 Hes One Of The Finest j j Chefs In England. I Naturally 2 i He s French. j Somerset Maugham once said that to eat well in 9 i i England you need to cat breakfast three times a day. i i Fortunately, a few Frenchmen have since crossed |L
      130 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      1415 8 ou»inc» i mil's, uvsuaj /t|nu Noll ling BeatsA BIICL Blci/iil where to wine, dine and entertain or FRESffI .PASTA bAI LY. W From Pasta Fresco. The only restaurant to make its own specialty pasta. Fresh, everyday. Savour perfect pizza, great y gelati and terrific tiramisu. All topped with Italian hospitality.
      1,415 words
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  • LIFESTYLE
    • Article, Illustration
      Paradise is just a memory
      529 9  -  Singapore Film Fest 1994 Susan Tsang reviews Lessons of Darkness and The Long Day Closes Susan Tsang THE Long Day Closes is a followup to director Terence Davies' first feature, Distant Voices. Still Lives. Both films draw from the director's memories of his family in
      529 words
    • Article
      Wasteland in 13 lessons
      387 9 AFTER extensive coverage on the Gulf War itself, the general public was left in the dark after the Iraqis beat their retreat, and the CNN moved on to sexier stories. Yes, the Iraqis set fire to Kuwaiti oil wells, but when, if ever, were they extinguished?
      387 words
    • Article
      Lock icon Gielgud upstages British theatre awards
      231 9 Reuter THE Royal National Theatre took 10 of Britain's prestigious Olivier theatre awards on Sunday. But the awards night was upstaged by stage, film and TV actor John Gielgud, who celebrated his 90th birthday on Thursday. Janet Holmes a Court, chairwoman of Stoll Moss Theatres,
      Reuter  -  231 words
    • Article, Illustration
      Lock icon Serenade for one
      692 9 CHATTERBOX" AP Bloomberg Business News AP UPI UPI UPI AP SINGER, songwriter and pianist Harry Connkk Jr is serenading an audience of one. Connick. 26, married model and video director Jill Goodacre, 29, in St Louis Cathedral on Saturday. The couple announced their engagement in December 1991.
      AP; Bloomberg Business News; UPI  -  692 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      47 9 L'me Set- Skewer with Deepfried Scallops Vegetables, Grilled Salmon with Terivaki Sauce and Cold Green Tea Noodles. Aoi Set Panfried Sliced Beef with Onion and California Malci. Sushi Teppanyaki Buffet at S2B++ also available «*r 4# RESMLRANT 182 Have lock Road Singapore 0116 Tel: *****22 Fax: *****14
      47 words
    • Miscellaneous
      Page 9 Miscellaneous Column 2
      1250 9 TV RADIO 1 Mickey Rourke plays Johnny Walker, an ageing boxer who becomes friends with crook Christopher Walken. He falls /^^HL for a nice girl who runs a car- p fixing. Johnny decides to fight tL J^. for the big purse. Tuesday Report. *j| 10.30pm, SBC 8 R Jfl| W
      1,250 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      One-stop shopping centre for building materials
      315 10  -  Joycelyn Shu takes a look at the RBM Centre Joycelyn Shu THE RBM (Roberto Building Material Pte Ltd) Centre, an international building material display centre, is scheduled to open in the third quarter of 1994. The six-storey, fully computerised "intelligent building" is considered the
      315 words
    • Article, Illustration
      Lock icon Slow growth forces US hotel franchisors to expand abroad
      669 10 Bloomberg Business News HOTEL franchisors, faced with slow growth in the United States, are following their brethren in the fast-food business, not only to the Champs Elysee and Trafalgar Square, but to Tokyo's Ginza, the Wailing Wall and the Taj Mahal.
      Bloomberg Business News  -  669 words
    • REGIONAL SKYLINE
      • Article
        12,000 visitors expected at Sibex
        82 10 SINGAPORE The 12th South-east Asian International Building and Construction Exposition (Sibex) will be held from May 11-14 at the World Trade Centre. More than 550 exhibitors from 25 countries will take part and about 12.000 visitors are expected. For the first time, Sibex will incorporate
        82 words
      • Article
        Bank of S'pore to buy NSW building
        62 10 SYDNEY The Bank of Singapore is expected to sign contracts soon to buy the NSW State Superannuation Investment and Management Corp's building in Castlereagh Street. Sydney, fo* Asl6 million (SSIB million). It is believed the bank plans to occupy a small amount of
        62 words
      • Article
        Landmark Hotel opens doors
        56 10 SHENZHEN Cathay International United Investments has opened its 351-room luxury Landmark Hotel in Lo Wu. Shenzhen. says the South Morning China Post. Management has been contracted to Cathay International Hotel Management, a joint venture between Cathay International and Investment Co and Koppen Yan Zimmermann International, a
        56 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      220 10 w L2iw~ CK»*» **l* x i■_ Y A f t.* r LONDON 5.30 AM ROME 7.15 AM agrnp JL. -•■.■3* -^-^—*S: ti *"ir^Viif:/ err w jtftig&SSrap v s I a iMsaac ™wfrw l TO^^ FRANKFURT 7.20 AM -.>•*■ *..•y.. 1 u- .-I.? >••;,.< 53fT~* 1 'lpij(»|^^^__ V! w»-> I -i.
      220 words
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  • SPORTS
    • Article, Illustration
      Lock icon Irwin shoots 68 for record-setting victory
      332 11 Golf AFP HILTON HEAD ISLAND. South Carolina Hale Irwin's memory of his 1990 US Open triumph helped him hold off Australia's Greg Norman here on Sunday to collect the largest pay cheque of his career. Irwin birdied four of five holes late in the
      AFP  -  332 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        36 11 Reuter NEW YORK NBA Sunday: Detroit 99 Indiana 104: Washington 142 Boston 100: Charlotte 107 NY 91; Minnesota 88 Denver 99; Miami 103 New Jersey 110; Orlando 118 Chicago 101; Portland 110 Houston 119. Reuter
        Reuter  -  36 words
      • Article, Illustration
        Lock icon Cricket
        83 11 AFP ST JOHN'S, Antigua West Indian batsman Brian Lara stands on the brink of cricketing legend on Sunday after ending the second day's play in the fifth Test against England just 46 runs away from a new world record. Only the 12th man ever to score a test triple
        AFP  -  83 words
      • Article, Illustration
        Lock icon Golf
        127 11 AFP SAINT CLOLD, France David Russell and Pete Baker led from start to finish to capture the U*****,000 (SS801.840) Paris Pairs here on Sunday. The English pairing shot a final-round, one-un-der-par 69 over the 5.979 m course to clinch victory bv a single shot. Russell. 40. and Baker. 26.
        AFP  -  127 words
      • Article, Illustration
        Lock icon Ice hockey
        62 11 AFP Reuter LAKE PLACID Danielle Goyette and Angela James each scored two goals here on Sunday, leading Canada to a third straight world women's title with a 6-3 victorv over the US. AFP NEW YORK NHL first-round play-ofTs Sunday: Dallas 5 St Louis 3: NY Rangers 6 NY
        AFP; Reuter  -  62 words
      • Article, Illustration
        Indy racing
        100 11 LONG BEACH, California Long Beach IndyCar race Sunday: I Al Unser Jr (US) Penske llmor. 105 laps completed, average speed 159.776 kmh. margin of victory 39.11 see 2 Nigel Manscll (Brit) Lola Ford Cosworth. 105 laps 3 Rohh> Gordon (US) Lob Ford Cosworth. 105 4 Raul Bocscl (Bra)
        100 words
      • Article, Illustration
        Lock icon Rugby
        37 11 AFP KDINBIRGH Women's World Championships quarter-finals Sunday: England 24 Canada 10: US 76 Ireland 0: Scotland 0 Wales 8: France 99 Japan 0. In the semi-fi-nals. France will pla> England and holders USA face Wales. AFP
        AFP  -  37 words
      • Article, Illustration
        Lock icon Tennis
        41 11 AFP AFP BIRMINGHAM, Alabama ATP L S Clay Court Championship Final Sunday: Jason Stoltenherg (Aust) h Gabriel Markus (Arg) 6-3 6-4 AFP BANGKOK WTA event final Sundav: Sabine Appelmans (Bel) b Pattv Fendick (US 6-7 (5/7) 7-6 (7/5) 6-2. AFP
        AFP  -  41 words
    • Article, Illustration
      Lock icon Schumacher outsmarts Senna at Aida
      347 11 AFP AIDA. Japan Michael Schumacher taught \\rton Senna a lesson in the finer points of non-electronic racing and a Japanese entrepreneur flexed his organisational muscle in the opening phase of the newlook formula One season. The Cierman ace outsmarted the three-time champion and left him
      AFP; Reuter  -  347 words
    • Article
      Lock icon Jordan's bat comes to life in Minors
      574 11 AP ZEBULON. North Carolina Michael Jordan may be hitting .300. but that's not what's catching the eye of Birmingham Barons manager Terry Francona. Francona. a former big leaguer. said the ex-NBA star may have the ability to become a big-time base stealer. Jordan
      AP  -  574 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      266 11 Get a SAFRANEand We'll give you a DRIVER* f f~ Cos we're throwing in a Joondalup Country Club Inuitational membership** iHe (Best 'Executive Car an^a start-up kit 4s^'* Aerodynamic styling 4 disc Bosch ABS brakes Dliuerby CilliUliy 4 speed automatic transmission Dual temperature control PrirO ctartc fmm tIA I Rflfl
      266 words
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  • Article
    South Africa's historic opportunity
    539 12 IT IS all too easy to be cynical about South Africa's future. Against a backdrop of continuing bloody violence in black townships, the political leadership appears to be in disarray and the economy in a mess. Yet the country's prospects have never looked better. South Africans
    539 words
  • WHAT THE OTHERS SAY
    • Article
      The menace of small arms
      231 12 MOST POST-WAR conflicts have been fought mainly with light weapons, as they have been civil wars or insurgencies rather than full-scale encounters between states. Such conflicts have brought economic ruin and caused the death of at least 1S million people. Yet, the trade in small
      231 words
    • Article
      Good trade terms for all
      133 12 WHETHER world trade becomes more open or more protectionist depends on many factors and not just on the ratifying of international agreements under the auspices of the General Agreement on Tariffs and Trade (Gatt). The World Trade Organisation (WTO), in succeeding and taking over the
      133 words
    • Article
      A heavenly respite
      150 12 THE PAST few days have been a dream-come-true for most Bangkokians who chose to stay home rather than travel to the beaches, Chiang Mai or elsewhere to celebrate the Songkran festival. The almost deserted roads in the city were a rare privilege for city dwellers and never
      150 words
    • Article
      Just going through the motions
      177 12 IN REJECTING Hongkong journalist Xi Yang's appeal against his draconian 12-year sentence for "stealing state financial secrets", the Beijing Supreme People's Court has shown itself to be neither open nor merciful. The hearing was held in secret, apparently in some haste, and is widely thought
      177 words
    • Article
      Get China back into Gatt
      200 12 IF CHINA fails to return to the General Agreement on Tariffs on Trade (Gatt) before next Jan 1, it will lose its founding-member status in the World Trade Organisation (WTO). In that case, China has threatened to stop making further efforts to gain admission. In
      200 words
    • Article
      Towards a larger, enriched Asean
      127 12 THERE ARE other countries in South-East Asia which should be part of Asean but could not come in earlier due to civil wars, strife and other upheavals in their countries. However, order is slowly returning. After decades of war and destruction, colonial domination and exploitation,
      127 words
  • Article, Illustration
    Lock icon Beware the leverage tool it works both ways
    1072 12  -  James K Glassman says derivatives should be handled with great care, despite hedge fund king George Soros' testimony to Congress last week James K Glassman The Washington Post George soros, whose Quantum Fund manages about US$ 11 billion (5517.2 billion), knew how
    The Washington Post  -  1,072 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      203 12 The biggest and the broadest <C paper paper event in Asia^x^^^^^K Whatever your need as a paper maker, pulp producer or paper user, you will be able to source systems, supplies and solutions from 335 companies exhibiting at Asian Paper '94 the biggest and most comprehensive international event yet for
      203 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      73 12 (uHftrn °??J (j-je's running P\U>RV Fflom The /GF^GUiPf/' RU SGCCxJgS' GAKGUW///// y POOWESBURY GARRY TRUDEAU OKAY. CAMPERS. IT THANKS, MARK! |<—. HERE HJE 60! OUR M IT I MUST CAUTION FINE HEY. TUSEE a'mm? dr.pan I vxj.ncouuteerueu. could you ujhati ASHERtS ABOUT 10 JL N* WE'LL BE ACCESSING ALL I.•
      73 words
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  • ANALYSIS
    • Article, Illustration
      Clinton may just end up coddling China
      1224 13  -  The June deadline for Washington's decision on the renewal of China's MFN status is fast approaching. Leon Hadar says the 'China trade doves' in the Clinton Administration appear to be getting the better of the 'China human rights hawks' faction. Leon Hadar The
      1,224 words
    • Article, Illustration
      Hanky-panky in Hongkong
      702 13  -  Revelations that the anti-corruption agency is snooping on pro-China elements have rocked the colony. Jackie Sam reports Jackie Sam flic writer is a Hongkong-hosed journalist w ho contributed this article to H I' FOR MONTHS it was whispered that Hongkong's anticorruption agency, the Independent Commission Against Corruption
      702 words
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      371 13 < 19 tit f%».M t* l 4 t;i l 4 i- Ss» r Jjj < s 5. > JK fj v: 44 i jfcjfi *1,4' < < < *4 )M% *">. m,* #:> fc? .< s H H t i s fc K f .4 t'tci f f t t
      371 words
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  • Article, Illustration
    Lock icon Hata looks set to be Japan's PM as Watanabe falters
    541 14 AFP, The Straits Times TOKYO Japanese Foreign Minister Tsutomu Hata yesterday appeared sure of a walkover for the premiership after his main challenger's bid for the top job failed to gain momentum, political sources said. Mr Hata's approval by the
    AFP,; The Straits Times; Reuter  -  541 words
  • Article, Illustration
    Lock icon Singapore Unlimited taking centrestage in major business forum
    449 14  -  PM Goh in London From Walton Morais in LONDON IT HAS TAKEN months to prepare, but when the Singapore Forum gets under way at the Queen Elizabeth II Convention Centre here today, there will be no better advertisement for how Singapore Unlimited
    Reuter  -  449 words
  • Article
    Lock icon Supreme court sides with Salomon in forex case
    281 14 Reuter WASHINGTON The US Supreme Court agreed with Salomon Inc and let stand a ruling that the US law governing commodities trading does not apply to individually negotiated sales of foreign currency futures and options that take place outside a regulated exchange.
    Reuter  -  281 words
  • Article
    Lock icon West praises Russian economic reform
    320 14 Reuter, AFP ST PETERSBURG Western officials gave Russia's economic reform programme the thumbs up yesterday, praising the country's commitment to cutting inflation and slashing its budget deficit. But they warned that reform must continue if Russia is to expect more financial support from Western governments
    Reuter,; AFP  -  320 words
  • Article, Illustration
    Some time to go before HK property prices go down
    958 14  -  The Bottom Line PAUL MARRIAGE PAUL MARRIAGE The writer is executive director of Hongkong-based corporate affairs consultancy Forrest International. The view's expressed are his own and do not necessarily reflect those of the company THREE years into a dramatic surge
    958 words
  • Article
    Lock icon US considering action against Serbs in Gorazde: Christopher
    518 14 AP, Reuter WASHINGTON President Clinton called the situation in besieged Gorazde "grim and uncertain" yesterday and Secretary of State Warren Christopher said the US was urgently reviewing options for a response. Mr Christopher refused to rule out further military action, although Mr
    AP,; Reuter  -  518 words
  • Article
    Lock icon German police probe as 2nd Schneider firm falters
    354 14 Reuter FRANKFURT German police yesterday began an investigation into Juergen Schneider, the property magnate who disappeared earlier this month, as a second firm in his vast real estate empire filed for bankruptcy. Hildegarde Becker-Tous-saint, spokeswoman of the Frankfurt prosecutor's office, said the
    Reuter  -  354 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        44 15 Firm Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Daiwa. GK Goh. Kay Hian. Morgan Grenjell. Ongco. Phillip. Tat Lee. Smith Xew Court, and HY Carr
        44 words
      • Article, Illustration
        HOT STOCK
        172 15  -  By Teh Hooi Ling GOOD news for punters. Interests appeared to have returned to speculators' favourite Idris Hydraulic Malaysia. It was the most active counter yesterday, and ended 8 cents up at $3.16 with almost nine million shares traded. The charts suggest that a further run-up in price
        172 words
    • Article
      Asiatic embarks on two major property ventures costing M$34m
      431 15  -  From Ho Kay Tat in Kuala Lumpur ASIATIC Development Bhd. the plantation arm of Genting Bhd, yesterday unveiled two huge long-term property ventures costing MS34 billion (5519.7 billion) that will turn it into a major property developer. Asiatic, through whollyowned subsidiary
      431 words
    • Article, Illustration
      Two landed property projects draw robust demand
      460 15  -  By A J Leow SINGAPORE Freehold landed properties have continued to attract strong demand. judging by the good response to two recent soft launches. Straits Steamship Land (SSL) said in a statement yesterday that it had sold all four bungalows under construction at
      460 words
    • Article
      Berger's share offer seven times subscribed
      291 15 SINGAPORE The prevailing bearish market sentiment has not dampened investors' enthusiasm for new share issues. judging by the response to Berger International's initial public offer (IPO). The paintmaker's main board share offer, which closed yesterday, was seven times subscribed. A breakdown of the figures
      291 words
    • Article
      Chun King: not an easy decision for YHS
      952 15  -  3 HOCK LOCK SIEW By Lee Han Shih SINGAPORE Would Yeo's or wouldn't Yeo's? That's the question. Nearly five years after it plonked down USS26 million (5540.6 million) for a halfshare in American canned food-maker Chun King, the question has again been
      952 words
    • Article
      Far East Levingston secures US$170m contract for oil vessel
      257 15  -  By Dexter Lee SINGAPORE Far East Levingston has clinched its biggest contract since 1991 a US$l7O million (SS27O million) deal to build a floating production, storage and ofiloading (FPSO) vessel. The contract also marks the rigbuilder's maiden foray into shipowning as
      257 words
    • Article
      CDC wins Changi Airport's $130m Terminal 2 contract
      208 15 SINGAPORE CDC Construction and Development (CDC) announced yesterday that it had won a more than $130 million contract to expand Changi Airport's Terminal 2. The construction arm of listed Singapore Technologies Industrial Corporation (STIC) is believed to have outbid six other parties,
      208 words
    • COMPANIES
      • Article
        Jaya Property offers 35m shares to fluid satellite city
        436 16  -  By William Chia SINGAPORE PT Jaya Real Property, a major Indonesian property group headed by property magnate Ciputra, is making a public offer of 35 million new shares next month to raise about 210 billion rupiah (*****.5 million). Jaya president director
        436 words
      • Article, Illustration
        DBS to restore Galle Face Hotel
        198 16 SINGAPORE DBS Land has signed a joint-venture agreement to restore and redevelop the well-known Galle Face Hotel in Colombo. Sri Lanka. DBS Land said yesterday its wholly owned subsidiary. Raffles Centre, would take a 25 per cent stake in a Sri Lankan joint venture
        198 words
      • Article
        Lum Chang unit leases 146ha of KL prime land
        215 16 SINGAPORE Developer Solarvest. a subsidiary of Sin-gapore-listed Lum Chang, has completed the leasing of 146 hectares of prime land at Bukit Kiara. Kuala Lumpur, with the signing of five supplemental lease agreements. Solarvest has already begun building the Kuala Lumpur Golf
        215 words
      • ASIA NOTES
        • Article
          Bousteadco sells Merchant Air stake
          35 16 SINGAPORE Mainboard-listed Bousteadco has sold its entire stake in Merchant Air Cargo Pte Ltd to Lam Sheung Lim for $768,000. Bousteadco suffered a loss of about $SO,OOO on the sale.
          35 words
        • Article
          39pc of foreign shareholding in OUB
          67 16 SINGAPORE Overseas Union Bank (OUB) yesterday announced that foreign shareholding accounted for 39.7 per cent of its total issued share capital, llie figure includes 175,465,439 shares actually held by foreign persons, 165,879 shares whose owner's nationalities have not yet been determined and 6,019,000 shares
          67 words
        • Article
          Rise in OUS asset backing per share
          30 16 SINGAPORE Overseas Union Securities yesterday announced that its unaudited net tangible asset backing per share as at March 31 had risen to $3.61.
          30 words
        • Article
          King's merges with City Hotels
          31 16 SINGAPORE King's Hotel Ltd yesterday announced that it has merged with City Hotels Pte Ltd and has changed its name to Republic Hotels and Resorts Ltd.
          31 words
        • Article
          Lock icon Unilever unit in M9sian joint venture
          70 16 Unilever unit in M 9 sian joint venture Reuter LONDON Kuala Lumpur Kepong Bhd said it signed a letter of intent with a subsidiary of Eastman Kodak Co's Eastman Chemical Co and a unit of Unilever Ltd to form a food emulsifier production joint venture in Malaysia. The letter of
          Reuter  -  70 words
        • Article
          Lock icon Talam seeks to acquire Sedaya
          112 16 Bernama KUALA LUMPUR Talam Corporation Bhd says it is currently negotiating with the shareholders of Sedaya College Sdn Bhd to acquire an equity interest in the company. "We will make the relevant announcement once negotiations have been finalised", Talam said in a statement to the
          Bernama  -  112 words
      • Article
        Lock icon FACB in China highway deal
        120 16 Reuter KUALA LUMPUR FACB Berhad, through its whollyowned Hongkong subsidiary Sunnyland Industries Ltd, has entered into a joint venture with the municipality of Yunfu in China's Guangdong province to undertake a highway project in China. FACB said Sunnyland will finance the M 566.7 million (5538.6
        Reuter  -  120 words
      • Article
        UNIT TRUSTS & FUNDS
        473 16 UNIT TRUSTS FUNDS MaaagwV pricat Apr 19 uSGrFund 104 l OT* Singapore Unit Tract UMB Invest Mgt Ltd The (ommercc 1.73 112 H n l>d '*i The Savings Fund 158 I 66 sd 1 ®2S 1.05 Spore Prog Fund 0 72 076 OFiyd! 66 172 Spore Sec Fund 105 110
        473 words
      • Article
        Lock icon Citic Pacific plans HK$3.82b issue to fund new projects
        351 17 Bloomberg Business News HONGKONG Citic Pacific said it would issue HKS3.B2 billion (***** million) worth of new shares to buy interests in property and tunnel projects and for working capital. Citic Pacific, controlled by China International Trust and Investment Corp. the
        Bloomberg Business News  -  351 words
      • Article
        Lock icon Trustpower debuts on NZ bourse at 32pc premium to assets
        289 17 Bloomberg Business News WELLINGTON Trustpower Ltd. the third of New Zealand's regional power boards to go publie. began trading on the local stock exchange yesterday at a 32 per cent premium to its net assets. The shares traded as high
        Bloomberg Business News  -  289 words
      • Article
        Lock icon Manila Mining's profit up 10.8pc in first quarter
        307 17 Bloomberg Business News MANILA Gold producer Manila Mining Corp (MMC) yesterday reported that its net income grew 10.8 per cent in the year's first quarter, extending a 172 per cent surge in 1993 caused by higher gold prices and production and more
        Bloomberg Business News  -  307 words
      • Article, Illustration
        Lock icon Tung Ho Steel's pre-tax down 39pc
        197 17 Bloomberg Business News TAIPEI Tung Ho Steel Ltd. one of Taiwan's largest steel companies, said unaudited pretax profit for the first three months of 1994 fell 39.4 per cent on the year to NTS 109.2 million (556.5 million). Earnings fell on lower prices for
        Bloomberg Business News  -  197 words
      • Article
        Lock icon Fresh global money flows will boost equities, says Barings report
        344 17 Reuter LONDON Investors' appetite for foreign exposure ma> have fallen back from a peak in 1993 but the trend to cross border investment will pick up again in the near term and boost share prices, a report from Barings Securities
        Reuter  -  344 words
      • Article
        Lock icon Philippine securities watchdog suspends 13 brokers
        259 17 AFP MANILA The Securities and Exchange Commission (StC) yesterday suspended 13 stock brokerage firms, including the Philippine units of Peregrine. City trust, and Keppel Securities, for alleged late deliveries of stock transaction documents. SEC chairwoman Rosario Lopez ordered the 13 firms to appear before
        AFP  -  259 words
      • COMPANY BRIEFS
        • Article
          Lock icon Sogo's pre-tax profit plunges 49.5pc
          114 18 AFP TOKYO Japanese department store operator Sogo Co Ltd said yesterday that its pre-tax earnings dived 49.5 per cent from a year earlier to 1.93 billion yen (SS29 million) in the year to February. The Osaka-based retailer said sales declined 9.2 per cent to 254
          AFP  -  114 words
        • Article
          Lock icon Mannesmann's US unit wins order
          82 18 Bloomberg Business News DUSSELDORF, Germany German engineering and telecommunications company Mannesmann AG said yesterday that the US unit of its plant-manufacturing subsidiary won an order worth USS36O million (SSS6O million) for "mini-steelworks". Mannesmann Demag Corporation, the Pittsburgh-based US unit of Mannesmann Demag AG. will undertake
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Northrop gets 94pc of Grumman stock
          107 18 NYT NEW YORK Northrop Corp has moved one step closer in its bid to acquire Long Island-based Grumman Corp and create the nation's largest defence contractor. Officials of the Los Angelesbased Northrop said on Sunday that the company received nearly 94 per cent, or
          NYT  -  107 words
        • Article
          Lock icon Seoul studies listing of stocks abroad
          106 18 Reuter SEOUL South Korea is considering allowing domestic companies to be listed on overseas bourses, a finance ministry official said. "We are doing a feasibility study. But it is not expected to be implemented quickly as we have problems to be solved at home
          Reuter  -  106 words
        • Article
          Lock icon Sino-Japanese ink venture formed
          77 18 Xinhua TIANJIN, China A Sino-Japanese joint venture. Tianjin-Toyo Ink co Ltd, was launched here last week, and will have the biggest ink output in China. Tianjin ink company, the previous largest one in China, and Tovo Ink Mfg Co Ltd, the largest one in Japan, have
          Xinhua  -  77 words
        • Article
          Lock icon Ciba-Geigy sales dip 2pc
          57 18 Knight-Ridder ZURICH Swiss chemicals and pharmaceuticals concern CibaGeigy said first-quarter sales totalled 5.57 billion Swiss francs (556.01 billion), down 2 per cent from the first quarter last year. The decrease in sales in Swiss franc terms was prompted by the weakness of "various important European currencies
          Knight-Ridder  -  57 words
      • Article
        Lock icon US states want info on Merrill Lynch partnerships
        224 18 Bloomberg Business News WASHINGTON Securities regulators in at least two states have indicated they'll ask Merrill Lynch and Co for information about some real estate partnerships the securities firm sold in the 1980s investments that later plunged in value. Securities commissioners from
        Bloomberg Business News  -  224 words
      • Article, Illustration
        Lock icon Tokyo bull run set to resume on hopes of economic recovery
        487 18 Reuter TOKYO Rising expectations that Japan's economy will recover later this year, combined with foreign buying interest. are likely to spark another bull run in Tokyo stocks, brokers said yesterday. The benchmark Nikkei 225 Average closed up 112.73 points,
        Reuter; Source: Bridge Info  -  487 words
      • Article
        Lock icon UK pension funds told to demand more from firms' directors
        252 18 Reuter LONDON Britain's pension funds, the biggest single bloc of shareholders, had replaced former passivity with more aggressive demands on company directors but needed to get more involved, a leading consultancy said yesterday. Pensions Investment Research Consultants Ltd (Pirc). which
        Reuter  -  252 words
      • Article
        Lock icon Deutsche Aerospace expected to post huge loss
        355 18 Reuter BONN Deutsche Aerospace AG (Dasa). a subsidiary of troubled German industrial giant Daimler-Benz AG, looks set to report a huge 1993 net loss on Wednesday, analysts said. But they expect Dasa's result to improve considerably in 1994 and the company could be
        Reuter  -  355 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon S Korean banks step up drive for survival, make risky deals
        547 19 AFP SEOUL South Korean banks, faced with declining earnings, are stepping up a drive for survival, cutting jobs through rapid automation or jumping into risky foreign currency deals. Prodding the drive is a deregulation blueprint drawn up by government
        AFP  -  547 words
      • Article, Illustration
        Lock icon Lloyds' overall premium rates increase
        440 19 But reinsurance and motor insurance set to fall Bloomberg Business News LONDON Lloyds of London's quarterly survey showed an overall increase in insurance premium rates. Although Lloyds has imposed hefty increases in premium rates across the board over the past two years, the survey confirms
        Bloomberg Business News  -  440 words
      • Article
        JP Morgan's investment banking arm opens office in Seoul
        279 19  -  By! ShivTaneja SINGAPORE JP Morgan Securities Asia Ltd, the investment banking arm of the USbased J P Morgan, opened a representative office in Seoul yesterday. "The opening of Korea's financial market represents a real opportunity for J P Morgan to contribute
        279 words
      • Article
        Lock icon Banker Gerald Ford's move to California bodes well for state
        496 19 NYT DALLAS Californians beset by fires, earthquakes, recessions and riots received one glowing omen last week: Gerald Ford, known for his sensitivity to sweet deals and impending turnarounds, is moving to their state. He and Ronald Perelman of New York
        NYT  -  496 words
      • Article
        Lock icon BOJ signals no policy changes for new reserve period
        270 19 Bloomberg Business News TOKYO With the introduction of a new one-month bank reserve accumulation period yesterday, the Bank of Japan suggested no changes in policies, money market traders said. Seeing some improved economic data over a few weeks, some traders had
        Bloomberg Business News  -  270 words
      • Article
        Lock icon Doubts arise about early delisting of Nikkei 225 futures
        367 19 Reuter OSAKA Nikkei 225 stock index futures and options contracts arc unlikely to he delisted any time soon because it would take a little more time for the new Nikkei 300 futures to grow, securities industry sources said. "Investors are still
        Reuter  -  367 words
      • Article
        Lock icon Barron's names US banks likely to be takeover targets
        173 19 Reuter NEW YORK Bank analysts say mergers and takeovers in the industry could include banks in the US northeast, southeast and midwest, Barron's financial weekly reported. The weekly said First Chicago Corp and Shawmut National Corp are attractive takeover targets because
        Reuter  -  173 words
      • SMALL CHANGE
        • Article
          Lock icon Midland to investigate rumours: paper
          107 19 Reuter LONDON Midland Bank is conducting an investigation to discover the identity of a detractor who has fuelled speculation that the hank has lost up to £1 billion (552.3 billion) in bond markets this year, according to The Sunday limes. The paper says senior managers
          Reuter  -  107 words
        • Article
          Lock icon ABN Amro seeks US nod to expand
          115 19 Bloomberg Business News LONDON ABN Amro Bank NV is seeking approval from the US Securities and Exchange Commission to widen its US investment banking activities, according to a report in the Wall Street Journal Europe yesterday. Wilco Jiskoot. head of equity and merchant
          Bloomberg Business News  -  115 words
        • Article
          Lock icon HK mortgage finance group's profit up
          70 19 Bloomberg Business News HONGKONG The Hongkong Building and Loan Agency, a mortgage finance group, said yesterday its net profit rose 15.9 per cent in the fiscal year ended Dec 31, 1993. In a statement to the stock exchange, the company said its profits rose
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Baring plans to open S Africa office
          110 19 Bloomberg Business News NEW YORK Baring Securities said yesterday it planned to open an office in Johannesburg to provide research, brokerage operations and corporate advisory services to South African companies. In addition. Baring recently hired Graham Bell, previously a director and chief economist
          Bloomberg Business News  -  110 words
        • Article
          Lock icon Fuji Bank's HK unit in 2 Thai deals
          102 19 AFP TOKYO The Hongkong unit of Japan's Fuji Bank Ltd has been selected to lead manage two issues of five-year floating-rate notes (FRN) by Bangkong Bank Ltd and Siam City Bank Ltd, a spokesman said yesterday. The spokesman said Fuji International Finance
          AFP  -  102 words
        • Article
          Lock icon Rules for US interstate bank branching
          66 19 Reuter SAN FRANCISCO With interstate bank branching on the horizon, state bank regulators must take up the challenge of devising regulations for banks operating in states outside their home state, bank regulators said on Sunday. Regulators attending the annual Conference of State Bank Supervisors
          Reuter  -  66 words
      • Article, Illustration
        Lock icon Asia's gold demand has good upside, say analysts
        619 20 Reuter TOKYO Demand for gold in Asia in 1994 has good growth potential, hut it will remain vulnerable to economic shifts and higher international prices, regional analysts and industry sources said yesterday. China's gold consumption for the year is expected to be
        Reuter  -  619 words
      • Article
        Lock icon Rubber consumer nations cut back on stockholding role
        317 20 MBT KUALA LUMPUR Natural rubber consumer nations, coping with higher interest rates, are shifting the burden of stockholding the commodity to producer countries and the International Natural Rubber Organisation (Inro). The International Rubber Study Group (IRSG) savs the period of slowdown in
        MBT  -  317 words
      • Article
        Lock icon US insurers okay plan to remove antitrust exemption
        548 20 But smaller firms fear losing competitive advantage NYT NEW YORK A proposal to overhaul a 49-year-old federal law shielding the insurance industry from antitrust rules has been endorsed by large insurance companies and one of their longtime Congressional critics. Although smaller insurance
        NYT  -  548 words
      • Article
        Lock icon India's sugar purchases may go below 600,000 tonnes
        436 20 Reuter NEW DELHI Indian sugar imports in 1993/94 (Oct/Sept) may be lower than 600.000 tonnes, with industry officials saying revised domestic production estimates for the current season are higher than anticipated. "We feel sugar production in 1993/94 (Oct/Nov) will be a little
        Reuter  -  436 words
      • Article
        Lock icon 3 Japanese firms to build oil refinery in Kazakhstan
        188 20 AFP TOKYO Japan's Mitsubishi Corp. Mitsui and Co Ltd. and Toyo Engineering Corp have reached a basic agreement with the republic of Kazakhstan to build an oil refinery on the eastern shore of the Caspian Sea. a spokesman said yesterday. Construction
        AFP  -  188 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        153 20 IT WAS an uneventful day in the foreign exchange market yesterday with the US dollar moving in tight ranges all day. Friday's US release of industrial production and capacity utilisation came out slightly lower than expectations but the news had little impact on the market.
        153 words
      • Article
        Lock icon London
        185 20 Bloomberg Business News LONDON The dollar rose half a pfennig yesterday after the Federal Reserve Chairman Alan Greenspan announced the third rise in US interest rates in 10 weeks. Though Mr Greenspan didn't specify the size of the rate rise, the central bank's daily monev market operation later confirmed
        Bloomberg Business News  -  185 words
      • Article, Illustration
        Lock icon Untitled
        1771 20 I link iij/i lilalfil uquillsl S/Mc'i hip 14 liutliil IWllhr\ Base year: 1985 US$/S$ forward rates Noon Apr 18 si BM Offer 1-month 1.5597 1.5612 2-month I 5602 ***** 3-month I 560 7 I 5622 6-month ***** 156)3 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Apr 18
        Base year: 1985  -  1,771 words
      • Article
        Oil futures prices rise
        188 20 Bloomberg ENERGY REPORT LONDON Oil futures prices rose moderately on both sides of the Atlantic yesterday in limited trading, brokers said. Crude prices has climbed about US$2 a barrel in the past two weeks, boosted by large investment funds buying commodities, including oil futures, at the
        188 words
      • Article
        Lock icon New York
        83 20 AFP NEW YORK The dollar lost ground against other major currencies with the exception of the yen on Wall Street yesterday. At 9:20 am (1320 GMT), the dollar was at 1.7100 German marks against 1.7135 at Friday's close here and at 103.45 yen against 103.42. The greenback was
        AFP  -  83 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar ends easier in dull trade
        1370 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures closed easier in dull trade yesterday. Dealers said Eurodollar seemed to have found some near-term support at around current levels. They said Eurodollar was given some reprieve on Friday when March US capacity utilisation numbers came in
        Reuter  -  1,370 words
      • Article
        KL tin drops 16 sen to M$14.32
        603 21 COMMODITY REPORTS Tin TIN closed 16 sen lower at MS 14.32 a kg yesterday after a lower London market on Friday prompted some selling activity, traders said. They noted an opening offer of 69 tonnes against bid of 23. Final turnover was 33
        603 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japanese smelters face lower income
          142 21 TOKYO Japanese copper, lead and zinc smelters are facing sharply reduced income following negotiations on treatment and refining charges for 1994-95, according to industry sources. Mine closings in Canada, Australia and other producing nations. combined with weak economic activity in Japan, have given miners the
          142 words
        • Article
          India's edible oil prices caught in range
          146 21 NEW DELHI India's wholesale vegetable oil prices are likely to move in a narrow range this week after a steep increase in oil prices in the past two weeks, traders said. They expect prices to move in a narrow range if weather improves
          146 words
        • Article
          Bombay commodities markets shut
          89 21 BOMBAY Traders in 14 major wholesale commodities markets in Bombay have decided to close the markets indefinitely from yesterday to protest the "violation" of wage agreements by loaders, the United News of India news agency said. The loaders' union, the Mathadi Workers Union, had accepted a
          89 words
    • Article
      COMMODITY PRICES
      1510 21 Rubber Singapore Cowiodity Exchanga (Marts dMing as at lpai) RSS 1 Caatract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 94 145.75 145.75 146 00 350 I 900 Jun 146.50 146 50 146 50 400 5.925 Jul 147.25 146.75 147 00 300 1 800
      1,510 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1341 22 15.3 I he Australian stock market closed higher yesterday, boosted by stronger bonds and more stability in overseas markets. "It has been bond market led and (that) has driven a bit of enthusiasm into (local) equities," said one fund manager. "It gave people some confidence and we've been seeing
        1,341 words
      • Article
        Manila
        638 22 +49.59 Philippine shares continued their surge for the fourth day driven by phone stock PLDT's gains in New York, brokers said. There was a little profit-tak-ing during yesterday's trading as the index pierced the 2,800point resistance level, but the index still finished at 2,819.01 points, 49.59 points higher than
        638 words
      • Article
        Taipei
        552 22 +104.32 Late buying in financials pushed the Taiwan stock index to a higher close but brokers said profit-taking was likely today. The weighted index surged 104.32 points, or 1.87 per cent, to end at 5,690.13. Turnover was fairly active at NTJSI.II billion against Saturday's NT556.82 billion. Brokers noted late
        552 words
      • Article
        Seoul
        439 22 -1.61 Stocks failed to maintain their strength as profit-taking in reaction to four days of rises overwhelmed an extremely thin market, brokers said. But they saw renewed interest in asset play counters. The composite stock index shed 1.61 points to 892.15. Leading asset play stock Sungchang Enterprise went limit
        439 words
      • Article
        New Zealand
        295 22 16.97 New Zealand shares ended higher, largely on a rally in the neighbouring Australian market, brokers said. However, Trust Bank, the only listed bank in New Zealand, fell yesterday after several banks announced increases in floating mortgage rates. The New Zealand market, the first to open in the
        295 words
      • Article
        Bombay
        56 22 -34.26 Share prices ended lower as market players shied away from making decisions saying it was difficult to predict trends in an illiquid market, brokers said. The Bombay Stock Exchange (BSE) 30-share index closed 34.26 points down at a provisional 3,860.92, brokers said. The 100-share national index closed 12.79
        56 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        736 22 Britannia Funds Stcrliag Cash Bid Offirr Mim Cap Deposit M MOO 38 6500 Mim Jersey Gill 0 1893 0 1992 Mini Mai Won* *0 9800 *1 0200 LSSCash Income Plus Fund 9 9MO 10 4*00 PS S Rt*r\e Fund 5 1500 5 2600 Stcriiaf Lint) Euro Performance 0 4592 0
        736 words
      • Article
        London
        603 22 -30.1 Shares closcd lower as an unexpected move by the US Federal Reserve to further tighten credit policy reversed early gains. Traders said the Fed move knocked the stuffing out of the market and there were not enough buyers around to arrest the falls as Wall Street shares and
        603 words
      • Article
        Paris
        171 22 +0.47 French stocks closed near Friday's closing levels, giving up earlier gains after the Federal Reserve raised US interest rates for the third time this year. The CAC 40 Index of French stocks closed 0.47 point higher to 2,160.06 after having spent most of the day around 2,180. The
        171 words
      • Article
        Stockholm
        127 22 +0.06pc Swedish shares closed slightly mixed in quiet and Jistless trade. The debt market continued to hold its grip on the bourse. "It's very quiet but it's still pretty stable taking in account the higher debt rates," a broker said. The OMX-index edged up 0.06 per cent to 117.46
        127 words
      • Article
        Frankfurt
        175 22 +28.36 The 30-share DAX index closed the bourse session 1.29 per cent higher, bolstered by heavy interest in cyclical, automotive and auto suppliers stocks, dealers said. The DAX 30 index ended at 2,228.78, up 28.36 points on the day and up 16.86 points from Friday's post-bourse close. Frankfurt Apr
        175 words
      • Article
        Brussels
        176 22 +3.39 Belgian shares were firmer at the close, but below the day's best levels, in the absence of fresh news here to inspire investors. Dealers said the outlook for Tuesday was uncertain as the Federal Reserve said after the Brussels close it wanted to raise short-term rates. The news
        176 words
      • Article
        Milan
        165 22 -208 Italian shares closed lower after some investors decided to lock-in gains now that the right- wing parties seem certain to form a government, traders said. The market's blue chip Mibtel Index ended 2.4 per cent or 298 points lower at 12,317. News that the US Federal Reserve raised
        165 words
      • Article
        Amsterdam
        280 22 -3.60 Dutch shares closed at session lows after the US Federal Reserve's message on raising short-term rates. The AEX index closed 3.69 points or 0.87 per cent lower at 421.43. Prices had already drifted lower in the afternoon in line with a slide in bond prices, erasing early gains
        280 words
      • Article
        Zurich
        275 22 -3.8 Swiss shares closed lower yesterday afternoon, pushed down by chemical and pharmaceutical shares and the closure of the Zurich Stock Exchange. The Basle and Geneva bourses were open, but the Zurich Stock Exchange, Switzerland's primary stock exchange, was closed for a local holiday. It meant the Swiss Market
        275 words
      • Article
        Johannesburg
        292 22 +25 South African industrial shares edged higher by the close as trilateral talks between government, the ANC and Inkatha offered support, dealers said. They said politics was determining market direction and would continue to do so until after elections. The overall index ended seven points down at 4,961. The
        292 words
      • Article
        Toronto
        284 22 -13.05 Toronto stocks lost early stability before sliding sharply after the US Federal Reserve announcement on raising short-term interest rates yesterday. The TSE 300 composite index was down 13.65 points at 4,226.30 in volume of 10.30 million shares valued at C 5102.93 million. Declines led advances 203 to 179
        284 words
      • Article
        New York
        782 22 -36.59 Blue-chip stocks dropped sharply yesterday on news that the Federal Reserve again forced interest rates higher. At 1 pm EDT, the Dow Jones Industrial Average was off 36.59 points at 3,624.88, after earlier skidding as low as 3,615.07. In the broader market, declining issues led advances 3-1
        782 words
    • Article, Illustration
      Lock icon HONGKONG
      3121 23 Bloomberg Business News HONGKONG Concern about rising interest rates and falling property prices pushed down stock prices yesterday. Property and hank stocks led the market lower. "Investors are nervous ahout the direction of the property market," said James Poon. sales director at KJeinwort Benson (HK). The asking price of
      Bloomberg Business News; Source: Bridge Info  -  3,121 words
    • Article, Illustration
      CHINA
      539 23 THE Shanghai B market continued to strengthen for the third consecutive day. gaining 0.5 per cent. The CLSA B index closed 3.41 points higher at 719.50. However, turnover shrank dramatically from USSB.39 million to USS3.9 million. Dazhong fell for the fifth consecutive day, dropping another 10.2 per cent. The
      539 words
    • Article, Illustration
      Lock icon TOKYO
      2575 23 Bloomberg Business News TOKYO Stocks rose again yesterday as investors ignored the political drama being played out here to bid up those shares they considered the greatest beneficiaries of economic recovery, traders said. "Since the second half of last week, investors have turned their attention from the political situation
      Bloomberg Business News; Source: Bridge Info  -  2,575 words
    • Article, Illustration
      Lock icon BANGKOK
      1732 23 Bloomberg Business News BANGKOK Thai stocks rose 2.35 per cent yesterday as investors targeted brokerage and bank shares on expectations of strong quarterly earnings, analysts said. "With profit reports going to start coming out soon. I think people are reassessing the situation." said Sukit Udomsirikul. an analyst for Union
      Bloomberg Business News; Source: Bridge Info  -  1,732 words
    • Article, Illustration
      Lock icon JAKARTA
      1181 23 Bloomberg Business News JAKARTA Indonesian slocks rose as institutional investors reacted to strong corporate earnings reports, traders said. The benchmark Jakarta Stock Exchange Composite Index rose 3.796 points to 476.449. Volume was 19.8 million shares worth 93.684 billion rupiah. down from Friday's 21.7 million shares. Rising stocks outnumbered decliners
      Bloomberg Business News; Source: Bridge Info  -  1,181 words
    • Article
      CLOB INTERNATIONAL
      2838 24 Idns H>d 50c 8.867.000 Mulptu Intl 50c 7 698 000 Kromet 7.101 000 FACB 50c 6 166 000 Kenuyan SOc 5.078.000 kamunlint 50c 4 848.000 AMDS 50c 4.734.000 Mcrung C orp 4,453.000 Johan Hides 50c 4.041 000 Bcijay* Ind 3.799 000 Lien Hoc TSK97 3.452 000 Inns Bhd
      2,838 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rise as small companies9 shares get active
        6167 24 Stocks rise as small companies 9 shares get active Bloomberg Business News KUALA LUMPUR Stocks rose as Malaysian investors encouraged by last week's gains in blue chips bid up small company shares that lagged the market, traders said. The Kuala Lumpur Stock Exchange's benchmark Composite Index rose 16.60 points, or
        Bloomberg Business News; Source: Bridge Info  -  6,167 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7355 25 i—g»j-v Cf Gr 1993/94 Last Val Da) Last Qaoto Di> Di. \M Nrt M Cap High In Coaapaay Sale (DM) High Law Bayrr Seller C\r P/t Smil MMSTMAL AND COMMERCIAL 1440 260 l j Aetna %0 cd 20 102 «0 «0 «0 %i 17.5 2.1 l.« 15 3 661.7 760
        7,355 words
      • Article, Illustration
        Lock icon Demand for blue chips, Clob shares lifts market
        1917 26  -  By Paul Leo SINGAPORE Local shares ended higher on demand for selected blue chips while Malaysian counters traded on Clob International dominated the market yesterday. The Straits Times Industrials Index started on a strong footing, and ended at its day's high of
        Charts by Bridge Info; Source: Bloomberg  -  1,917 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      171 15 NEWS VALUE How today s news might affect your stocks Asiatic embarks on two major property ventures (this pg) Massive projects that would excite investors but they should take note that everything depends on getting approvals to convert the agricultural acreages for other uses. Far East Levingston secures USsl7om contract
      171 words
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      264 16 Just when you're trying to control costs, the car maintenance bills hit you between the eyes. In the good old days, executives hoped you don't know your maintenance costs? rust-through. There's even a free 24-hour they d get a company car. Audi Care. Free maintenance for three years. breakdown service,
      264 words
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      Page 16 Advertisements Column 2
      6 16 Dividends table has been held over
      6 words
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      Page 17 Advertisements Column 1
      39 17 ijjj |m Whilst trying UNSUCCESSFULLY EuSjc* to pick a HHk INI Chubb LOCK jjljUl S| B MAN WAS Ifl NOW SAFELY BEHIND PRISON n a k 3 MAKES E itt ■HB him locked TELEPHONE 292 8421 m M Hi^^H
      39 words
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      Page 18 Advertisements Column 1
      158 18 Jtredict the highest and lowest trading price when the Berger Paint's shares trade on a "when issued" basis from 20 April to 29 April 1994. If your prediction is right, you will stand to win one of the three 1,000 cash prizes we are giving away. AJust cut out the
      158 words
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      Page 18 Advertisements Column 2
      941 18 Rlj BANK OF NEW ZEALAND QQb Annual Report For Eighteen Month Ended 30 September 1993 BANK OF NEW ZEALANO AND SUBSIDIARY COMPANIES All amounts are expressed in New Zealand currency CONSOLIDATED BALANCE SHEET CONSOLIDATED PROFIT AND LOSS STATEMENT As at 30 SeptembeM 993 For the eighteen month period ended 30
      941 words
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      Page 19 Advertisements Column 1
      409 19 ENTERPRISE REGIONALISATION: STRATEGIES FOR SUCCESS 0 Regional expansion is no longer a distant option for Singapore businesses. Presently, regionalisation has become imperative for Singapore enterprises to remain successful beyond 1994. Regardless of host countries, there are fundamental issues determining the success of developing and managing profitable regional operations. Critical issues
      409 words
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      Page 21 Advertisements Column 1
      190 21 fr Lobster and Fin Special W*** 8 188* (FOR 10 PERSONS A aKQ Lobster Salad with Fresh Fruit Shark's Fin with Spring Chicken Steamed Duck with Sour Plum Sauce a Red pr,sh Soya Bean Crumbs JM Tom Yam Prawns \3r Sweet and Sour Pork Rib Seasonal Vegetable with Mushroom Heng
      190 words
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      Page 21 Advertisements Column 2
      39 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. STRAIGHT TALK You shouldn't have to read between the lines to get the fun picture. Companies Markets Everyday. BOsmessEmes
      39 words
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      Page 22 Advertisements Column 1
      37 22 SINGAPORE FTT^ Business Times WE KNOW ASM Customer Relations Section Circulation Department Singapore Press Holdings Limited •82 Genting Lane Occupation Fax JjpS flS?! m News Centre Singapore 1334 Tel: 1800-749 2577 Fax 744 4875 Tel: (O) (H)
      37 words
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      Page 26 Advertisements Column 1
      21 26 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. simiaporf. nr^ Business Times Wt KNOW ASIA
      21 words
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      Page 26 Advertisements Column 2
      239 26 NOTICES NOTICE IS HEREBY GIVEN thai, I Teo Crook Lew of Blk 373, Gementi Ave 4 #06-210 Singapore 0512 have applied for a Retail Liquor Shop Licence in respect of premises at M/S Lee Kee Trading at Blk 57, Eng Hoon Street #01-74 Singapore 0316, and that this application will
      239 words
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      Page 26 Advertisements Column 3
      286 26 r L va IVI NOTICE IS HEREBY GIVEN that, I Poh Soon Nee of Blk 55 #01-176 Chai Chee Drive Singapore 1646 have applied far a Beer House, Second Class Licence in respect of premises at M/S Soon Nee Mini Food Centre at Blk 55 #01-174 Chai Chee Drive Singapore
      286 words
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      Page 26 Advertisements Column 4
      272 26 M THE MATTER OF THE COMPARES ACT, CAP. SO ANO to THE MATTER OF EASTPAC HOLDINGS PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of toe Company held at 27 Cantonment Road. Singaporeo2oB on 14 April 1994 the following special resolutions were passed:It was resolved (1) That
      272 words
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  • Shipping Times
    • Article
      RCS invests $3m in fully automated racking system
      366 27  -  By Dexter Lee SINGAPORE Regional Consolidation Systems (RCS) has invested $3 million in an automated storage and retrieval racking system to improve its container freight station (CFS) services at Keppel Distripark. Opened officially yesterday, RCS' Keppel Distripark facilities offer storage space for
      366 words
    • Article, Illustration
      Lock icon Channel Tunnel: a long cherished dream
      601 27 Reuter LONDON "Fog in the Channel, Continent cut off," read a British newspaper headline not so many years ago when London was still convinced it was the centre of the world. Britain, days of Empire already long gone, can no more rely on the
      Reuter  -  601 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      803 27 Page Col Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9 5 Batamindo 7 3
      803 words
    • Article
      Lock icon US seizes ship with Chinese immigrants
      226 27 Reuter SAN DIEGO The US Coast Guard on Sunday boarded and seized a fishing trawler off Mexico's Pacific coast that was apparently attempting to smuggle more than 100 Chinese immigrants into the US. officials said. Authorities said the Tai-wanese-registered ship, the 51metre Jin Yinn
      Reuter  -  226 words
    • Article
      Bureau of Shipping not liable for construction flaws: court
      543 27  -  Sundance loses appeal for USs26sm in damages This is a fortnightly column that highlights important shipping court cases By Ramesh Divyanathan SINGAPORE An American appeals court has held that a shipowner is not entitled to rely on a classification certificate as
      543 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        469 28 ¥es*l Wo* No Berth Arrival Departure Vessel Voy No Berth Arrival Departure JUTOflg Port Kuala Sidh 4 94 0% P04 alongside 18 04/2300 Artta lake 9403 112 alongside 1904, 0300 Marine P 18 04* P01A alongside 18 04/1500 Dm Guna 04 03 94 12 alongside 1904, 2300
        469 words
      • Article
        CONTAINER SCHEDULES
        1961 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rsits Ship Voy No Etb/Btr Period From To From loSm 114A 20/1500 IB 18/1500 18/1659 18,1900 2* 18/1/00 19/0659 19 0900 26 18,1700 19/0659 19 0900 J 19 0/00 19/1159
        1,961 words
    • Article
      THE SHIPPING GUIDE
      10743 36 I his 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 Pcnang
      10,743 words
    • Article
      SHIPPING AGENTS
      3370 41 A X&Bt Conlainerline N\: Belsin Shpg Agencies Pte Lid (SyMarine Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pie Ltd (SyAccord ("ontr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Senice. Kim Shpg T rdg (S). Albalros Sea-Air Senice: Frata Shpg Pte
      3,370 words
    • Article
      COURIER SERVICES
      292 41 Abacus C ouriers Tel: 545-8011. Fax: 545-1898. Air bxpms Intel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716 *****80. Airewift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. CitvLink International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Sen
      292 words
    • Article
      AIR FORWARDERS
      1573 41 Abes Express Freight Tel: 542-7171 Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42 Actnair Singapore Tel: 542-7821 Fax: *****20 Aerolink Freight International Tel: 545-8033. Fax *****05 Aerospeed Tel: 542-5911. Fax: *****18 Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666 Fax: *****74. *****50 Air
      1,573 words
    • Article
      PORT CONDITIONS
      2371 42 ALBANIA Dunes: Four vessels in port operating of which 1 discharging gasoline, 1 general cargo, I feldspar on pallets, 1 bagged cement. 1 vessel waiting in roads to discharge bagged Hour. ANGOLA Luanda: City quiet; port working normally with no delays reported. Lobito, Namibe: No delays reported. All
      2,371 words
    • Article
      SHIP SALES & TANKER RATES
      649 42 SHIP SALES TANKER RATES pESPITE expectations that we would have a slow week, there have been a number of sales or rumours circulating, with a lot of underlying inspections going on. VESSELS SOLD FOR FURTHER TRADING Bulk Carriers •World Star 68,600 dwt and built Dec 198S Mitsui, sold for about
      649 words
    • Article
      CRUISE & FERRY SCHEDULES
      520 42 CRUISE FERRY SCHEDULES CRUISE SHIPS An Dep Name of Vessel ETA LTD Forts of Calls Port Agent telephone No APRIL 19 19 Dclfin Star 1200 2030 Port KJang Ocean Trade Chartering 299-0366 Cruise to Nowhere 19 19 Coral Princess 1500 2015 Cruise to Nowhere Semjom Agencies P/L 227-8284 19 19
      520 words
    • Article
      COCKETT BUNKER MARKET REPORT
      880 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      880 words
    • Article
      DAILY FREIGHTS
      2527 43 RATES REMAINED firm for Atlantic traders, particularly Panamax and small capesize tonnage. brokers said on Friday. The Baltic Exchange. Freight Index recorded an increase of 16 points to fix at 1.279, a level not seen since the end of 1993. Tradigrain took the Yu Long Shan. 64.446-deadweight-tonnes. for
      2,527 words
    • Article, Illustration
      Lock icon Shipbuilding market: boom or bust?
      799 44  -  Sftiibly Nabhan and Sammy Yoon report on the results of market research carried out in Japan and South Korea, two major shipbuilders Slhibly Nabhan,Sammy Yoon Seatrade Week Newsfront IF THE assumption is made that the world shipbuilding capacity is increased, orders and completion levels will
      Seatrade Week Newsfront; Source: ASIS  -  799 words
    • Article
      TRANSPORT DIARY
      559 44 COURSES Title: PSA/SFFA Dangerous Goods Course (SDF 70%) Duration: Apr 22 May 20 Organiser Singapore Freight Forwarders Association Tefc For more information contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Project Management Dilation: Apr 28-29 Organiser Alberton Management Centre Tel: For more information contact 336-2611 or fax:
      559 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon GEC Alsthom wins S Korea's US$2b high-speed rail project
        335 46 AP SEOUL GEC Alsthom NV of France will provide trains and related equipment for South Korea's first high-speed rail project under a US$2.l billion (553.3 billion) deal, a state firm announced yesterday. The announcement ended months of speculation that South Korea
        AP  -  335 words
      • Article
        Lock icon Dragonair leases extra Airbus as demand soars
        461 46 MBT HONGKONG Dragonair, Hongkong's second carrier, has stepped up its services to Hiroshima, Phuket and five Chinese cities since the end of March to match growing demand from the travelling public across Asia. The airline doubled its services to Hiroshima to four times
        MBT  -  461 words
      • LOG BOOK
        • Article
          NOL wins awards for reliability
          80 46 SINGAPORE Neptune Orient Lines has clinched two awards tor reliability and transit time from Lloyd's of London Press and the Port of London Authority. The transit time award was given to NOL for its Pacific Atlantic Express Service, which is jointly operated with Germany's Hapag-Lloyd
          80 words
        • Article
          Lock icon Toyota Australian affiliate lifts exports
          99 46 Reuter TOKYO Toyota Motor Corp's Australian affiliate, Toyota Motor Corp Australia Ltd. would begin exporting TMCA-made Camry saloon cars to Malaysia and Papua New Guinea this month, a spokesman for Japan's top car-maker said. Toyota had no forecast of export volume and expected no steep
          Reuter  -  99 words
        • Article
          Lock icon Gulf airlines in US$43m hotel project
          88 46 Reuter DUBAI Three Gulf Arab airlines and Indian hotel chain Taj will jointly build a US$43 million (Ss67 million) hotel in Bombay, aviation industry officials said. "The hotel next to Bombay International Airport will be complete in 2 x h years," an official close
          Reuter  -  88 words
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          Lock icon Manila blocks airport shopping mall
          95 46 AFP MANILA The government's Air Transportation Office on Sunday barred the planned construction of a shopping mall near the end of the Manila airport's main runway, calling it a hazard to aviation. "The height of the structure not only endangers airplanes but would also interfere
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          Lock icon Iberia, United form commercial pact
          90 46 Bloomberg Business News MADRID Spanish national airline Iberia said it had reached a preliminary accord with United Airlines to coordinate flight scheduling and other commercial activities. The two companies had signed a letter of intent to widen the agreement to eventually include code-sharing and other
          Bloomberg Business News  -  90 words
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        Lock icon Boeing spending heavily to boost future earnings
        646 46 NYT SEATTLE The Boeing Co is set to fly its new airplane, the wide-body 777, in June, but the company's stock price is hovering in the mid-40s and not gaining much altitude. With the airline industry still in trouble, orders for new airplanes
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        Lock icon Honda to increase investments in China
        196 46 AFP BEIJING Honda is to expand its activities in China to take advantage of the booming motorcycle market and the shortage of quality car parts, the China Daily said yesterday. The auto giant, which already has three motorcycle and engine plants in China, is
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        Lock icon TNT completes US$100m debt issue
        164 46 Reuter SYDNEY Global transport group TNT Ltd yesterday said it completed a US$lOO million (SSISB million) debt offering in the US domestic market, after reducing from the originally planned US$l5O million. TNT said the extra US$5O million was no longer needed following a review of
        Reuter  -  164 words
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        Lock icon Aussie minister to push for sale of airports
        142 46 Reuter CANBERRA Australian Transport Minister Laurie Brereton said yesterday he would be pushing for the sale of some of Australia's govern-ment-owned airports, including Melbourne's Tullamarine airport. "My own preference is to embark upon the competitive route, with an initial sale to the
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1406 46 ctty nm eta w* no_ Aba Dhabi GA893 1835 GA984 2340 GA974 2350 MlllWl QF81 1925 Qf82 2055 SQ228 2120 Antard— KL831 0935 KL844 0035 GA893 1835 K1838 2300 GA974 2350 SQ26 2355 Ottawa SQ348 2250 kmcUm* NZ73 1550 SQ288 2045 SQ286 2040 NZ74 2340 Babraia
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        Lock icon UK airports see l10pc rise in passenger traffic
        262 46 Bloomberg Business News LONDON UK airport operator BAA pic said on Monday the number of passengers using its airports rose 10 per cent to 6.7 million passengers in March from a year earlier. BAA said the March results were boosted because the
        Bloomberg Business News  -  262 words
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      16 27 HyouwantitthemJ yesterday. m Fly it with 1 ■>» "»'W us today t w j GRIFFIN KINETIC *****33
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      26 27 Lines and services represented by Mongers ef the Registry ef Accredtteri Shipping Agent i. Singapore Hitlimi Stripping AnmhHML for advertising enquiries, contact Shipping Times: Te/ 740-2089/740-2090
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      179 27 M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALL: *****00 Shipbuilding market: boom or bust? Page 18 GEC Alsthom gets S Korean high-speed rail project, Back Page CROSS PORTSCOVTAINER LINE 1 Cross Pests is the first freight forwarder to open transit routing via I Iran to Afghanistan and CIS.
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      455 28 TSKUNE AGENCIES (S) PTE. LTD. I f wwrp Tel: 226-3363 M 9k3*M\* I lIMr Fax: 226-1972/3 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: U*****0000N I ItfUf Mtt jl7ma flVy"'T Yaji> yjji 'uKtt 'gufl nary" 'mtiA MJlfc «TW Wff W» T»w IW 3Wt ;r OCX PACT 05 IB **1104
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      1418 28 I A MMmW.prwn I Jf" [*y L>* m mxT" ?SBS hduS? 9»P kw t»"i*i»* ids* \Tm~ ACX *WUTI 0339 1«4 I 75 15 I 11S I 125 110 5 105 115 115 IU SOL. CAIIfORMA PIGASUS 21 I 111 I KOGCNOM 75 01M 254 75 115 125 145 17 4
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      2251 29 m OOCL (8) PTE LTD JAROIME SHIPPING AQENCIEB JARDINE SHIPPING AGENCIES SON. BHD. 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 If 9 H JA L^2 70 /4 if M
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      2080 29 ■UIiV.H.HHWII AZERBAIJAN/TURKMENISTAN/ UZBEKISTAN/KAZAKHSTAN VIA BANDAR ABBAS TREIN MS. V.9409 ETA SIN 22ND APRIL 84 Vbsbbl Voy ETA ETD Feeder ad D t I 5 £"7™ destinations This M* MC-KWMEY MAERSK V 9404 cv 26AM ono hrs BHi ■■HHHII HUHPHIMH HBI NW HI CFS 25/04 2369 HRS JOH LPK PEN OAK
      2,080 words
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      1545 30 AQABA R OAM/1 [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) S TON H BURG A WERP HAVRE MALAYSIA THAMES 22/115 20/4 7/5 10/5 0/5 Port Kelang. Penang KAI 07/315 23/4 2/5 9/S 11/5 14/5 16/5 16/5 Pasir Gudang LA SEINE 35/116 27/4 14/5 17/5 15/5 EAST
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      644 30 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundt. Islamqala (Doqharun) C.1.5./RUSSIA: Voatochny, Vladivostok. Moscow, I Baku, Tashkent, Irkutsk, Alma Ala, Ashgabad. Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR CGM Normandie V 2104 19/4 23/5 Ned Europa V 2114 26/4 23/5 Ned
      644 words
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      1175 30 I NORASIA I" VSL/VOY SIN ALG BCL NORASIA PEARL 9415-3 21/04 11/05 14/05 15/05 16/05 17/05 18/05 19/05 20/05 20/05 I NORASIA PRINCESS 9416-3 27/04 18/05 21/05 22/05 23/05 24/05 25/05 26/05 27/05 27/05 I SEA MACEOOMA 417* 05/05 25/05 28/05 29/05 30/05 31/05 01/06 02/06 03/06 03/06 I NORASIA
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      1364 31 STRAITS SHIPPING PTE LTD 10 Hot Chiang Road #11-01 Koppol Towers Singapore 0208 Td: *****80 Fax: *****17 BIMMBWsIjIiMfMWMiKIaHIIiMM new guinea pacific une CTgjP (A SERVICE OF CHMA NAVIGATION CO) CAS GO DUE SAK.S J**"'. *5* 2021 *P» 21 Apr 23 Apr FCL. LCL CONTAINER AND BREAK BULK SERVICE TO PAPUA
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      3312 31 _.l SINGAPORE AGENT: IJXtO I AtltoiflAl*C P&O Containers (Singapore Agencies) Pte Ltd A 9 10 Hoe Chiang Road #07-01 Keppei Towers. Singapore 0208 y* v Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 W CR Number **********0Z EXPORT. IMPORT VESSEL VOY 'HN 'PRO MM SOU AMI HOT
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      603 32 iiK EKA JAYA AGENCIES Vlir TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE L-MB CHI MMh CITY PAfIUI IIIANPfMQNB/PMtCT m—it not on aa—Mß *ELV» CHAW 21Ma MAHOJ >TO VIETNAM/HCMC fc- HWWICI CENTER-POINT V IM* 7 LINES una «w In» sra »ot In» hok mi ua_ jizm xu_MM ■L—B
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      Page 32 Advertisements Column 2
      1534 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDR *a SM lUK HAU. Ml IN fOR WL 5 |UM HAUL SAV IN KTC HANJM HONGKONG 044£ 24/4 MCCT 14/5 15/5 16/5 HAMN HONGKONG 0441 24/4 M. PROGRESS 032E 2/t 3/« 5/1 HANJM SEATTLE 0331
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      1392 32 m,, m |GH|PPH|MSM|B H« Ipu scp ksc mc uc pus «i oa ki h no ui M mi arc um mm m nv iw no as nu MP |C Gam KM) 11/4 21/4 11H 21/4 2/5 J/5 4/5 5/5 t/5 7/5 11/5 31/5 2/f lii 12/ C U/f 14/6 14/t
      1,392 words
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      2218 33 sex: OCEANUS OSAKA/*RI32W eta sgp 20/04/94 H H II ARRIVING LOS ANGELES 07/05/94 IN 16 DAYS H 83 II 'NEPTUNE PEARL 14E' ETA SGP 24/04/94 HI II fP* H ARRIVING NEW YORK 17/05/94 IN 23 DAYS HI ■I Zr HI H CpwbMi CdWiH Npni fy 7M M NKS O/S4/S4 ■I
      2,218 words
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      Page 33 Advertisements Column 2
      1094 33 A I MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQUMES: *****33 S —X BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 Jfcv 3 BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****57 INVENTORY:
      1,094 words
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      1013 34 AS AGENTS: "N" LINE (SINGAPORE) HI LTD (CR Itt 1244t*****0M/6ST KG NO: M2-0017MM) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I IVT Mf* MALAYSIA T' LIME MARITIME (MALAYSIA) SON INO I JB 1 TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SAAANA LAUTINTEANUSA, TEL: JKT
      1,013 words
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      Page 34 Advertisements Column 2
      508 34 iAMuncmai Hacmc Shknmta r b WB m B sf M TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU STORE PR LOADING FOR SEA CONCERT SID SID SID FIU/ROT/ANT/UK NORLDAMX HPT 22/4 26/4 FIU/tOT/ART/l* WORLD AXGUS 30/4 10/5 11/5 FIU/ROT/ANT/UK/ BELFAST Loads Sabjh/lndoneM C R NO. **********QH CONTIPAC SHIPPING PTE LTD Tsfc *****32
      508 words
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      Page 34 Advertisements Column 3
      767 34 ®APPENSHIP HAMBURG ITT J CONVENTIONAL INDEPENDENT LINER SERVICE V-X EUROPE TO SOUTH EAST ASIA AND FAR EAST WSSEIS LOMNNG PORTS DCCHMtGE/LOMMC FOR SUMMER HAM 30/04 SPORE 29/04. BKK FRUmOW KLA 28/03 ANT 05/04 SPORE 05/05 BKK LORE LEV HAM 23/03 ANT 2«/03 SPORE 14/05 BKK. LAEM KOALA CONTAINER LINE STOK
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      Page 34 Advertisements Column 4
      380 34 /%r*r-7 GOLDEN LINE T\ V&oV GUAM GUAN SHTPMG yy<\ (PTt) LTD 23. T«M Ay* Slmt SMGAPOK DIM > TU S34J9M (10 UR) Fai U43SM (C* N*. *****55MMH) ITKAITI/WMUM CUlf lUTICT S pore P Ketang Penang can stm Dub* nM > lIW (MO Karachi Out» 23/25 Apr CHUtA BQTICK GOUXH nam
      380 words
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      981 35 PACIFIC INTERNATIONAL LINES (PTE) LTD] Z Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO **********0f I 22"L«, VOY SM CMB JM JEO AO J ADE MOO PZU ASA KOTA jWOAM BHBB7 21/4 27/4 8/5 14/5 14/5 20/5 17/5 20/5 KOTA WIRAWAN WRNO4I 2/5 7/5 13/5 15/5 10/5 24/5
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      Page 35 Advertisements Column 2
      928 35 WSStIS ¥0T zm It HAVRE HMBUKG IHAfS ItOTTIRDW MnWW Wilt Ot lUCAHA UO3W H/04 11/06 13/05 14/05 15/05 17/05 HOWS* CUtM* RO3« 30/0« 22/05 24/05 25/05 26/05 21/05 Wilt Dl CWW COJW 05/05 »/05 21/05 29/05 30/05 01/0* wilt ot s*am so3w ___u>/05__ 01/06 03/ cx oTw 05/oc oi/ot •ALSO
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      Page 35 Advertisements Column 3
      551 35 I BSA jiT l^^^r %mtn MYANMA mßmk FIVE STAR LINE V (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf NUVAI HUDHU VIN In Part MANDAIAY V44W ?0/22 Apr 23/25 Apr PAGAN V2O9N 20/22 Apr INA-AN V2O2W 21/30 Apr MALAYSIA AGENTS BOUSTEAO SWPPN6 AGENCES KU.: TU 03-*****00 PW
      551 words
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      3158 38 p SHKMPOTS GENERAL AGENTS MALAYSIA'S AGENTS I I INI I 1 COSTA* SHIPPING PTE LTD Chung Chuo Shipping Sdn Bhd W 2 Mistri Koad, HMC Bldg *15-00 Singapore 0207 Main Line: Port Kelang 368 8106 CK NO; U*****000M UCM MO: CCSU Koala Lumpur 02 241 4616 /^rv\Trrl A T> IMiM
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      Page 38 Advertisements Column 2
      176 38 /^NORBUU^ I )j NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES LOADMG FOR I I MLAGRO 21/4 23/4 FLU/ANT/W I I ADAMASTOS 28/4 Saied FLU/ANT/NAN/UK I LOADING FOR I I NOR BULK TBN 20/4 DBN/EL I I ALSO LOADS TG MAW AND KK PK
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      625 39 (f£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 24/4 ROTTERDAM 20/4 AARHUS/COPENHAGEN 24/4 HAMBURG/BREMEN 20/4 MARSEILLE/FRANCE 26/4 FELIXSTOWE/UK 20/4 BARCaONA/SPAM 25/4 LEHAVRE/FRANCE 20/4 GENOA/ITALY 25/4 ANTWERP/BELGIUM 25/4 LOS ANGELES/WC/PI 24/4 SYDNEY/MELBOURNE 21/4 NEW YORK/EC 24/4 FREMANTLE/ADELAIDE 22/4 VANCOUVER 21/4
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      827 39 laHsHHiSHI a —zzz m 7 9 vessel voy sm pen 1 WAWA BHUM 224S Tin IbW SI 23/4 §3 'oejA MMUM M Fri 99/4 Sat 21/4 SIN BKK jg ISRA BHUM 478 Fri 22/4 Tw 28/4 TMAMA >4/4 1 Tw lln Pt" Fri I 22/4 1 BHATWA BHUM 388 SI
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      267 39 NATIONAL EXPRESS R—J FORWARDERS (S) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL: *****86 (6 LINES) FAX: *****55«^ THE AMERICAN CONNECTION ETD ETD r~| I—l r\ ETD ETfifl SEATTLE 22/4 29/4 NEW YORK 24/4 OAKLAND 20/4 27/4 f WILMINGTON 20/4 27^ LONG BEACH 24/4 1/5 ff
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      Page 39 Advertisements Column 4
      419 39 pi PONGNAMA LINEI wssu W ns m n b» mc HONGKONE GLUT MMN 21, 4 23/4 9/5 «'5 MUM mm 27/4 29/4 1/5 2/5 13/5 11 5 naaMS mm 5/5 7/5 9/5 21/5 11/r UMNC nuoo WSW 11/5 15/5 14/5 12/5 27/5 25^ mm una *t (~w i« m a
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      1433 40 sssJ5JL UM fenss? MKAWTA: giTiWiw atKW HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 20/4 21/4 22/4 Honf Kong Genoa/Barcelona 22/4 23/4 24/4 22/4 23/4 24/4 Honf Konf Ldn/Fh/Rdm/Ant/Uw/Ham 23/4 24/4 25/4 24/4 25/4 26/4 Hon; Kong GTwrf/CTwien/S'holm/Oslo 24/4 25/4 26/4 24/4 25/4 26/4 Kedunf Piractl> 23
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      214 40 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD n» in n« SfOK mi (ELMS HUME Sift NX M/ 4 22 4 ludmt toi M* IHNM HUDHU 78 4 Discharging m) iMdmj »ot Bombay OOftW 2i 4 74/4 leading for Matt nam smut x t ?g 4 Laadnf fot Mate
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      1043 40 I Jk THONG SOON UNES PTE LTD 1 I 19 SHEHTON #1001 SMGAPORE 0207 I I TEL: 227-508S FAX: 227-6011 I I TLX: RS ***** CARRER, RS ***** JEMHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK «SSEL Ivor [SPORE iDEST VESSEL |WT ISTME IICT EQUATOR 111 119/4E 20 APR KUCHING EQUATOR
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      21 43 EVE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINGAPORE rT^ Business Times WE KNOW ASIA
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      54 43 I Such 3 market ■for choice jobs, px <**a J Any job. Any Career. -y AVAILABLE ANY DAY. o Jsj? C 7 Any Time, anywhere. >> The straits Times The Sunday Times Business Times ryl I The New Paper Lianme Zaobao Lianhe Wanbao Min Daily News Berita harian Berita Minggu
      54 words
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      504 44 VESSEL VOYAGE SWIGAPORE MANR.A VIGOUR PACIFIC 9417N 22/04 (FRI) 30/04 (SKI) PACFIC 9417 AN 25/Q4 (MpH) 30/04 (SAT) VIGOUR LUZOW 9418N 29/04 (FRI) 07/05 (SAT) TWMI MW AY VIGOUR LUZON 9418 AN 02/05 (MOW) 07/05 (SATjUJ VESSEL VOYAGE SINGAPORE ffTOAL SANTOS T DAVAO CEBU NIKOLAY MOROZOV 9416E 20/04 (WED) 26/04
      504 words
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    • Miscellaneous
      Page 44 Miscellaneous Column 1
      690 44 TODAY'S TIDES (hc#t in metres) HOUR 0000 0100 0200 0300 (MOO 0500 0600 0700 0<00 0900 1000 1100 1200 1300 1400 1500 1S00 1700 1100 1900 2000 2100 2200 2300 "> II 1.7 2.1 2.4 24 2.7 2.5 2.2 1J 14 1.1 0.9 0.1 0.9 1.0 1.3 1.5 1.7 1.9
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      780 45 HYUNDAI MERCHANT MABIHE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 ww* rut' I pcd* ntssas vor sin mm ant* leh* ham mi fel 20/04 22/04 23/04 H. FRONTIR 310* 25/04 13/05 14/05 16/05 14/05 14/05 17/05 27/04 29/04 30/04 SI FREEDOM 310* 02/05 20/05 21/05 23/05 21/05 21/05 24/05 04/05
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      482 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS HSSU m V PR IN RR fu us r rtn vii n Cssm JUKI MS ■PT 17/4 RORSHM lIS 27/4 2S/4 SIM KOCH W 11/4 KIMS PMT4R VJ 24/4 22/4 MUM mil II 7/S »/S SHI RAMYI 111 24
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      997 45 WT SMETA/D LAX OAK CH DAL ligM/COL HM NYC NOR HWT MPSON BRPtt 74A 21-22/04 08/05 10/0S 11/05 12/05 12/05 13/05 13/05 14/05 ALLIGATOR WCTORT 52* 21-29/04 15/05 17/05 IS/0S 19/05 19/05 20/05 20/05 21/05 I4ACKWAC BRPGE 7<A 05-06/05 22/05 24/05 25/05 26/05 26/05 27/05 27/05 21/05 ALLIGATOR TRRIffH 54*
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