The Business Times, 27 April 1994

Microfilm: NL19363
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KKOW ASIA MITA(P) 010/12/93 Wednesday April 27 1994 75'
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 1.78 points
      72 1 Reuter NEW YORK Blue-chip stocks slipped at mid-session yesterday as investors took profits following Monday's dramatic rally of more than 57 points in the Dow index. At 1 pm EDT, in the broader market, advancing issues led declines 10-9 on active trading of 168 million
      Reuter  -  72 words
    • Article
      Lock icon Berlusconi set to be Italy's PM
      38 1 Reuter ROME President Oscar Luigi Scalfaro yesterday signalled that he would appoint Silvio Berlusconi as Italy's next prime minister, capping a meteoric rise to power for the media magnate turned politician. Reuter
      Reuter  -  38 words
  • Article
    MARKET SUMMARY
    162 1 Stock market indices Tuesday Change STII 2,314.27 +6.45 KLSEComp 1,053.47 -6.05 Nikkei 19,628.93 -80.21 Hang Seng 9,328.64 +192.53 SET Index 1,263.79 -14.08 Jakarta Comp 454.92 +0.7 CLSA China B 980.20 -0.19 Aust All Ord 2,069.4 +26.9 FTSE 100 3,125.3 +19.2 Tuesday Previous 2pm close Dow Jones 3,704.00 3,705.78
    162 words
  • Article, Illustration
    Lock icon Wing Tai's bid for Yeo Hiap Seng unlikely to succeed
    423 1  -  By Conrad Raj SINGAPORE Wing Tai Holdings' bid to acquire control of food and beverage manufacturer Yco Hiap Seng Ltd (YHS) is unlikely to succeed. according to sources close to certain key shareholders of YHS. They said yesterday that shareholders
    Source: Bloomberg  -  423 words
  • Article
    CityDey sets benchmark price with $72m bid for Matterhorn Building
    418 1  -  By Lilian Ang SINGAPORE City Developments Ltd (CDL) is buying the Matterhom Building in Phillip Street from sister company Hong Leong Finance for a hefty $72 million a benchmark price which could help set the tone for a recovery in
    418 words
  • Article
    Chicago Board of Trade pulls out of Globex system
    477 1  -  Simex likely to be main beneficiary By Soh Tiang Keng SINGAPORE The Chicago Board of Trade (CBOT) has pulled out of the screen-based trading system Globex. putting its future in the balance. But the news could be good for the Singapore
    477 words
  • Article, Illustration
    Lock icon Places in history
    65 1 Reuer. SOUTH AFRICA Residents of a township near Johannesburg queueing up to vote yesterday, the first day of the three-da elections, which was set aside for the old or infirm. For the many blacks who flocked to polling stations across the country, t was also the first
    Reuer.  -  65 words
  • Article
    Lock icon Drastic moves may spark property crash: HKBank
    307 1 Bloomberg Business News HONGKONG The territory's leading bank Hongkong and Shanghai Banking Corp has warned the Hongkong government that if it takes dramatic measures to reduce real estate prices it could trigger a very damaging property crash. "Any drastic measures which could risk
    Bloomberg Business News  -  307 words
  • Article
    Wall St surge lifts regional markets
    249 1 SINGAPORL Regional markets were inspired yesterday by an overnight surge on Wall Street, but domestic corporate developments dominated the local bourse. The Straits Times Industrials Index rose 6.45 points to end the day at 2.314.27 after trading between 2.321.01 and 2.299.75. A broker said
    249 words
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      191 1 J^^^^^tteringSystenw CONTENTS VeweNewi 2 S pwTm s!a 21.22.23 Regional News 3.4.5 Financial 26.27 Wotld News 7.8 Features Martlets Analysis 19 CW), KISt. StS 3032 Editorial 18 Regional 28 Sports 12 World .29 TV/lifestyle 17 Currencies 26 Reg Analysis 14.15 Simei Commo 26.2/ Subscription Tel **********7 Fax *****/5 BT Editorial Tel
      191 words
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      28 1 Regional Analysis: Pg u A clash of civilisations Hata makes futile bid to woo back Socialists, Back Page 239 killed in Airbus crash at Nagoya airport, Back Page
      28 words
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      43 1 Hock Lock Siew: pg 21 M'sian 'water plays' lure investors there is no turning the clock back no one can and no one will. Chan Heng Cliee on why the continued education and economic role of women is inevitable/crucial Full report, Pg 19
      43 words
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      118 1 The Bottom Line: Pg 20 US must ratify trade pact soon |P Dauphin "Sitzkultur". A company's strength lies in the Backbone of its staff. With til* Dauphin CL 7980 for your corporate image. but also the tall an# not-so-tall paopla, attitudes of all those who use it. you can strengthen
      118 words
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      18 1 Grand Tiigivin pte. Ltd. Tel: *****78 THE COMPLET SHOP Jiaiii/lij KVIV93 lIIV History in the making, Pg 7
      18 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon From pawnbrokers to stockbrokers
        338 2  -  By Teh Hooi Ling I Ht 60-odd pawn shops in Singapore continued to enjoy good business in the first two months of this year. Slightly more than $300 million worth of business was done in January and February l l > per cent more than in
        Source: Registry of Pawnbrokers  -  338 words
    • Article
      Asia Business News puts hope on fibre optic cable
      260 2 ASIA Business News (ABN) began airing around the region last No\ember but is still banging on the door of its home market Singapore. ABN managing editor Chris Graves said he hopes Singapore will be able to turn on to the satellite
      260 words
    • Article, Illustration
      Quantum's partner MKE sets up $41 million disk drive plant
      482 2  -  By Claire Leow DISK DRIVL company Quantum Inc's manufacturing partner Matsushita-Kotobuki Electronics (MKT) of Japan yesterday opened a S4l million plant in Jurong that will build one quarter of Quantum's drives this year. It will employ 600 people and occupy
      482 words
    • Article, Illustration
      Mitsui lands deal to build Far East's Bayshore
      367 2  -  By Abdul Hadhi MITSUI Construction has clinched the $260 million contract to build The Bayshore. Far East Organisation's condominium project in the East Coast area. In a statement released yesterday. Far East said: "MUsui's strong tradition for construction excellence, backed by its
      367 words
    • Article
      Taxi passengers to get tips from NTUC Comfort
      432 2 NTUC COMFORT will distribute leaflets to taxi passengers in the next two weeks advising them what thev should and should not do when using cabs. The move is in response to a spate of complaints against taxi drivers in the past few
      432 words
    • Article
      Local firms must upgrade to keep pace with MNCs: EDB
      245 2 THE increasing presence of multinational corporations (MNCs) in Singapore, which has generated a strong demand of higher quality components and supporting services, means local companies have to further upgrade product competitiveness. an EDB official said. "The local companies have to
      245 words
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      144 2 Protect Your Computer Investment. Buy An Epson. EPSON I PRIME FREEHOLD RESIDENTIAL DEVELOPMENT SITE I I 6 Hill view Road I I J FOR SALE BY TENDER J I Large land area of over I I 1 1 i^l' 111 Potential residential plot I h HttiVlEW <&NN 1) n V\fc
      144 words
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      195 2 I AiBK Distance Learning Programme The University of Strathclyde has earned a reputation as an innovator in the field of management education. It was the first in the United Kingdom to offer a one year full-time MBA degree. It was the first to offer its MBA degree on a parttime
      195 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Indon minister blasts China over comments on Medan riots
      395 3 AFP, The Straits Times JAKARTA Justice Minister Utoyo Usman has accused China of interfering in Indonesia's internal affairs with its criticisms of recent anti-ethnic Chinese riots in North Sumatra. Chinese Foreign Ministry spokesman Wu Jianmin last Thursday called on Jakarta to
      AFP,; The Straits Times  -  395 words
    • ASIA NOTES
      • Article
        Lock icon US firm to build Cambodian power plant
        73 3 AFP PHNOM PENH A US company will invest about US$l5O million (***** million) to construct a power plant to bring desperately needed electricity to Cambodia's industries and homes. Intercore Inc will construct a 106-megawatt gas turbine power plant, company president Don Cornell said
        AFP  -  73 words
      • Article, Illustration
        Lock icon Viet president visits Indonesia
        108 3 AFP JAKARTA Vietnamese President Le Due Anh arrived here yesterday for a four-day visit aimed at further boosting his country's profile in Asia. Officials said talks would concentrate on enhancing bilateral ties and stepping up Vietnam's links with Asean. But the visit has been clouded by
        AFP; Reuter  -  108 words
      • Article
        Lock icon New Malaysian king sworn in
        71 3 AFP KUALA LUMPUR Tuanku Ja'afar Abdul Rahman was sworn in yesterday for a five-year term as Malaysia's 10th king, and immediately warned that the country's environment should not be sacrificed to development. Resplendent in golden traditional attire and a yellow headdress, Tuanku Ja'afar, the 71-year-old
        AFP  -  71 words
      • Article
        Lock icon Seoul minister leaves for Japan
        75 3 AFP SEOUL South Korean Defence Minister Rhee Byoung Tae left yesterday for Tokyo where he is expected to finalise agreements for goodwill naval visits and exchanges of information on military flights. Mr Rhee, the first South Korean defence minister to visit Japan, is scheduled to
        AFP  -  75 words
    • Article
      Indonesia to lift ban on foreign land ownership
      449 3  -  From Maggie Ford in JAKARTA A BAN on foreign ownership of land in Indonesia is expected to be lifted shortly following the issue of a presidential decree, according to Mr Akbar Tanjung, Minister of Housing. Under the new rules foreigners would be
      449 words
    • Article
      Thailand to ease curbs on foreign shareholdings
      304 3  -  From Loh Hui Yin in BANGKOK THAILAND will ease restrictions on foreign shareholding limits in several types of businesses in a move to keep its cutting edge as an ideal place for investments. The relaxation of the rules will mean that foreigners, who
      304 words
    • Article
      Lock icon Asean adopts green plan to go with free trade area
      146 3 AFP BANDAR SERI BEGAWAN South-east Asia's booming economies adopted yesterday a "green" plan to cope with increased investments and trade arising from their move to set up a free trade area, according to officials. Under the five-year plan, the six-member
      AFP  -  146 words
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      77 3 SRMJLDING t MAWI Vr^MH t J* j#mk, P*^l* tHL r -> -fH k« *> r^i WTT^iiiiwwl"" m X. *Oife yP: t&y- at ■MttiHfe vUP'. *(pjP* waßs%r?EM L«dC t&e£**iz*J -*»4Mi<: ■4LSK^ l tx79^fßf/CK* r,uiiV,m >f ye idHiLgi. afei |i a L l L fl lw\ m^ flu v v> II A
      77 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      40pc of foreign-funded ventures in China making losses: official
      406 4  -  By Schutz Lee SINGAPORE Forty per cent of foreign-funded ventures in China in the past three vears have incurred losses, a government official has said. The unnamed Chinese official who gave the figure at a recent conference in Hefei. Anhui province,
      406 words
    • Article, Illustration
      Lock icon Footloose in China
      41 4 AFP BEIJING A Chinese eouple dancing the tango with Chinese modern music in Beijing Qianhai Park yesterda). Doing the tango is a popular pastime among Chinese not only in Beijing but also in many other Chinese provinces. AFP
      AFP  -  41 words
    • Article
      Lock icon Sky won't fall down without US trade, says Chinese minister
      290 4 AP HONGKONCi Chinese Trade Minister Wu Yi. in an optimistic mood after leading a buying mission to the United States, believes "the sky won't fall down" if the US government revokes China's trade privileges over human rights. A China-run newspaper
      AP  -  290 words
    • Article
      Lock icon Rural China closing gap with more developed regions
      234 4 AFP BEIJING Rural industry in central and western China is beginning to narrow the potentially destabilising economic gap with the country's more developed eastern regions, the China Daily said yesterday. Growing economic disparities between the two parts of the country have been
      AFP  -  234 words
    • Article
      Lock icon Taiwan's cable TV industry tries to change image
      227 4 Reuter TAIPEI Star TV says its new movie channel in Taiwan will be funny, scary, exciting and unpredictable. That also seems to be a good description of the country's cable television industry. Star TV. the pan-Asia satellite broadcaster in which Rupert Murdoch
      Reuter  -  227 words
    • CHINA WATCH
      • Article
        Lock icon Taiwan to resume ties with mainland
        90 4 Reuter TAIPEI Taiwan's Economics Minister Chiang Pin-kung said the island will gradually resume economic links with China now that Beijing has solved the mysterious deaths of 24 Taiwanese tourists, the semi-official Central News Agency said yesterday. The March 31 deaths of the tourists in
        Reuter  -  90 words
      • Article
        Lock icon Arbitration of labour disputes doubles
        82 4 AFP BEIJING Labour arbitration committees in China dealt with 11.400 disputes last year, almost double the number in 1992, Xinhua News Agency reported yesterday. Labour ministry spokesman Liu Guanxue attributed the 92.2 per cent rise in cases handled to the fact that Chinese workers had
        AFP  -  82 words
      • Article
        Lock icon China electronics output soars
        119 4 Reuter BEIJING China's output of electronics goods soared in the first quarter, but the rapid increase in production has been accompanied by a rise in manufacturers operating at a loss, the official China Daily said yesterday. Consumer electronics output rocketed by a ycar-on-vear 47.8 per cent
        Reuter  -  119 words
      • Article
        Lock icon Beijing bureau on inflation targets
        134 4 Reuter HONGKONG China's goal of 9 per cent inflation in 1994 is probably unattainable, but a rate of 15 per cent could be achieved if government measures to stabilise economic growth proved effective, a spokesman for the Chinese State Statistical Bureau said. The Beijing-funded China
        Reuter  -  134 words
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      78 4 I-. ■■H '<■£%!£ A V .mJBI&i v I lirtviA. > A. vLn^n^^HMSu^^vlAiK^l^ *V^H||^ljHHjl^^ppHflnHHß^M /%jafcjiHE** mm i m,,, M 1 11 rMlfiWi H\ 11 1 1 T SaBJ --xvV^'fv-'^v.- $> All this comfort is yours the moment you sink into 21-inch wide seats and stretch out into a full three and
      78 words
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  • REST OF ASIA
    • Article
      Lock icon Tokyo markets remain steady despite political chaos
      451 5 Reuter TOKYO Japan's financial markets, numb from endless political upheaval, went about business as usual despite prospects of minority government rule, traders said. The abrupt departure of the Socialist Party from the ruling coalition plunged the country into fresh political crisis and threatened
      Reuter  -  451 words
    • Article, Illustration
      NZ expects big export gains to Asia
      355 5  -  Poll shows citizens hold high expectations for China, Japan markets By Chuang Peck Ming SINGAPORE More than half, or 57 per cent, of New Zealanders expect Asia to grow strongly in the next few years as a market for their country's exports, a
      355 words
    • Article
      Lock icon US sports network plans 24-hour channel for India
      285 5 AFP NEW DELHI ESPN International. the US-based television network, plans to launch a 24-hour sports channel for India early next year. A network ofTicial yesterday said the pay-per-view channel, the largest sports cable network in the world catering to about 110 million
      AFP  -  285 words
    • Article
      Lock icon Aussie inflation heads down to 1.2pc, easing fears of rate rise
      395 5 AFP SYDNEY Australia's annual inflation rate could fall as low as 1.2 per cent and ease market fears of an early official interest rate hike, economists said yesterday. Market forecasts for the March quarter consumer price index, due for
      AFP  -  395 words
    • Article
      Afta will have minimal impact on Aussie trade, says govt study
      384 5  -  From Florence Chong in SYDNEY THE Asean Free Trade Area would have minimal impact on Australia's trade in the short term, but it should study the prospect of linking up with Afta, a government report says. The report. Afta:
      384 words
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      224 5 j* IHBfI^HHiHHHiHIHBHHHHvZ9!IHHIHiHi!HiiiIiIHHHHiHBHHIIMHIiHHp#2^^mi^^^IHiI^^^^H^HHHH^MHHHHHHHIHIi^I^IHiHHIIIHHIHHIH!^IB^^HHHH^HIHIHiHH^^^H^^HIH^^HHIi^^^^H The financing of international trade has been a core Creating links between emerging markets, and Chartered offers you the benefits of international net- innovative, sophisticated financings. business of Standard Chartered Bank for over 140 making connections between them and the developed working pooling the skills, the local knowledge
      224 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Bombay challenged by national stock exchange
      770 6  -  By Shiv Taneja SINGAPORE The 120-year-old Bombay Stock Exchange (BSE) India's premier bourse that accounts for over 75 per cent of India's USSI2O billion (SSIB7 billion) market capitalisation is under siege. After over a century of hegemonious existence, the BSE is suddenly finding the
      770 words
    • Article
      Indian debt market looks set for major facelift
      431 6 SINGAPORE India's 2.(HK> billion rupee (SSX6 billion) debt market is in for a major facelift. Hie setting up of the National Stock Exchange (NSL) next month and the propositi of several foreign investors to trade in Indian debt promise to unfetter this
      431 words
    • Article
      Lock icon India bans foreign firms from buying discounted shares from their Indian units
      383 6 FT NEW DELHI The Indian government has banned foreign companies from buying shares in their stock-exchange listed Indian subsidiaries at a fraction of market prices. The decision follows protests from some Indian companies that multinationals were gaining unfair
      FT  -  383 words
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      448 6 The John E. Anderson Graduate School of Management University off California, Los Angeles (UCLA) PRESENTS 1 THE ASIAN SENIOR MANAGEMENT PROGRAM 3 20-30 July 1994. Malacca Park Plaza Resort, Malacca, Malaysia A world-class program to develop competitive advantage and managerial competencies. —PROGRAM CONTENT: An integrated program designed to improve management
      448 words
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      5 6 For^grea^ ©I 2& |g|7j j9^/m
      5 words
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      105 6 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN BAHAMAS JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA DELAWARE Q MAURITIUS GIBRALTAR PANAMA HONG KONG U.K.
      105 words
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  • THE WORLD
    • Article
      Lock icon South Africans start voting in historic all-race elections
      617 7 AFP. Reuter, AP JOHANNESBURG South Africans blacks, whites, Indians and coloureds voted together for the first time yesterday in historic all-race elections that will end generations of white-minority rule. With the first day of the three-day elections devoted to special groups such
      AFP.; Reuter,; AP  -  617 words
    • Article
      Lock icon Mexico gets Nafta credit to prop up peso in a crisis
      439 7 AP. Reuter WASHINGTON The members of the North American Free Trade Agreement set up a permanent mechanism yesterday that could be used to prop up Mexico's peso in a crisis. The United States will provide USS6 billion (559.3 billion)
      AP.; Reuter  -  439 words
    • Article, Illustration
      Lock icon Till we meet again
      48 7 AFP SKVII.LE Female Spanish soldier Pilar Broneano, a member of the Spanish IN contingent Agrupacion Cordoba, hugging her ho\friend who eame to see her off from Setille airport on Monda>. Ms Broneano was leaving for Split in Croatia on a humanitarian aid mission. AFP
      AFP  -  48 words
    • WORLD WATCH
      • Article
        Lock icon Room for 2-pt German rate cut seen
        89 7 Bloomberg Business News BONN Ihe Bundesbank has room to cut short-term interest rates by as mueh as two percentage points. Germany's leading economic institutes said yesterday. The central hank should stick to M 3 money supply as its main gauge for inflation, despite
        Bloomberg Business News  -  89 words
      • Article
        Lock icon Kuwait forecasts 40pc rise in deficit
        94 7 Reuter KI'WAII I'he Kuwaiti government forecasts a 40 per cent increase in its budget deficit in fiscal 1994/95 starting on July 1. a finance ministry official said in remarks published on Monday. Finance Ministry Undersecretary Abdulmohscn al-Hunaif said most ol the rise was due
        Reuter  -  94 words
      • Article
        Lock icon Return to old ERM bands ruled out
        87 7 Reuter BRUSSELS A return to the old narrow bands of the European I nion s Exchange Rate Mechanism is out of the question now and may not be needed at ail. European Monetarv Institute president Alexandre Lamfalussy said yesterday. The EMI. which came
        Reuter  -  87 words
      • Article
        Lock icon Iran sees new Asian common market
        76 7 AP NICOSIA. Cyprus Iran. India and China are engaged in efforts to forge an Asian common market, which could later include Pakistan and Japan as well, the Islamic Republic News Agency reported yesterday. Ihe agency, monitored in Cxprus. quoted karim /are. an Iranian parliamentarian
        AP  -  76 words
    • Article
      Lock icon Global job outlook dim, says ILO
      338 7 Reuter GFNLV'A I he International labour Organisation (ILO) yesterday reported dim prospects for global job security o\er the coming years with economic reform forcing major changes in the world labour market. In its annual "World Labour Report", the United Nations agency saw Last and
      Reuter  -  338 words
    • Article
      Lock icon US and industrialised nations block IMF cash reserves plan
      479 8 Bloomberg Business News WASHINGTON The US and other advanced industrial nations have blocked a proposal to create new international cash reserves for the world's ailing economies. The proposal for the new reserves was under consideration by the International Monetary Fund's Interim
      Bloomberg Business News  -  479 words
    • Article
      Lock icon Women on business trips want better service
      280 8 Reuter NEW YORK While women executives are hitting the road in increasing numbers, a new survey shows they believe they are often getting inferior service. Business travel is still mainly a male sport, with 75 per cent of the business trips taken each
      Reuter  -  280 words
    • Article, Illustration
      Lock icon Marine matrimony
      75 8 AFP FLORIDA Scott Beckham (left) removing the post-wedding garter from his bride, the former Rachel Medina, after they were married in an underwater wedding ceremony on Monday at the Florida Keys National Marine Sanctuary. I he couple, both from I>os Angeles, learned to scuba dive together. I hey
      AFP  -  75 words
    • Article
      Lock icon EU queries US demands on Japan
      355 8 Brittan says call for managed trade at odds with free-market approach Reuter WASHINGTON The United States' tactic of demanding Japan meet targets for larger trade "does seem to us very difficult to square with a belief in a free-market approach". European trade commissioner Leon
      Reuter  -  355 words
    • Article
      Lock icon German economy set for 1.5pc GDP growth
      327 8 AFP BONN The German economy is set to achieve real growth of gross domestic product (GDP) of 1.5 per cent this year, the leading German economic forecasting institutes said in their report yesterday. But one of the six institutes, the Berlin DIW organisation,
      AFP  -  327 words
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      165 words
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      338 words
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      334 9 TH® ProSignia VS has an optional cache 5 Comparing it to a PC is a little like comparing a Br warehouse to a filing cabinet. oj 'lIZZIZZZZZIIZZZII ProSignia VS is fast and efficient. Which H Hw in turn makes your network i 1 iMfi (orpori function better. Which increases your
      334 words
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      643 10 SK6APORE REHMNG COMPANY Ensuring success for oup future <sRo with ISO 9002 Ceptification Singapore Refining Company (SRC) is proud to SRC employees have every right to be It is encouraging to note that more be the first major Oil Refiner in Asean to be proud of their achievement of being
      643 words
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  • SPORTS
    • Article, Illustration
      Lock icon New rules to get amateur golfers to lift their game
      272 12 Golf AFP LONDON Broaches of amateur status in golf could he on the way down and standards of behaviour in the sport on the way up if two new official publications catch on. The first. Divisions on the Rules of
      AFP  -  272 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        131 12 AFP NEW YORk Michael Jordan is once again a champion, but not at basketball or his new love, baseball. The former NBA star is tops in advertising. Jordan was selected bv Adwrtiunx -<**' magazine as Star Presenter of the Year for in an issue published here on Monday. Since
        AFP  -  131 words
      • Article, Illustration
        Lock icon Boxing
        45 12 AP ATLANTA Fvandcr Holy field, who lost the heavyweight championship to Michael Moorer on Friday night, has undergone tests for a possible heart condition. The Atlanta Journal-Constitution reported in Tuesday's editions. The newspaper said results of the tests were to be announced later. AP
        AP  -  45 words
      • Article, Illustration
        Lock icon Cricket
        106 12 AFP BIRMINGHAM, hngland World number one batsman Brian Lara's world-record breaking Test form has given his English county. Warwickshire, a huge boost in support for the new season. Such is the interest created bv the signing of the world record-breaking Trinidad and Tobago left-hander that Warwickshire ha\e attracted a
        AFP  -  106 words
      • Article, Illustration
        Golf
        94 12 PALM BEACH GARDENS, Ela. I S point leaders for the team that will compete against Europe for the Rvder Cup at the Oak Hill Country Club in Rochester. NY, on Sept. 22-24, 1995: I Loren Roberts 242.5 2 Tom Lehman 205.0 Corey Pavin 185.0 4 Larrv Mize 157.5 5
        94 words
      • Article, Illustration
        Ice hockey
        39 12 NEW YORk NHI. first-round playoffs Mondav Eastern Conference: Boston 1 Montreal 2 (OT. Canadians lead best-of-scv en series 3-2): New Jersey 5 Buffalo 3 (Devils lead series 3-2): Pittsburgh 3 Washington 2 (Capitals lead best-of-seven series 3-2).
        39 words
      • Article, Illustration
        Lock icon Tennis
        125 12 AP Reuter HAMBLRG. German) Steffi Graf said Mondav she wasn't worried about playing the Hamburg tournament despite threats to be attacked at the same event where her rival Monica Seles was stabbed last year. "I am not afraid." a relaxed Graf told reporters after practicing on the centre court
        AP; Reuter  -  125 words
      • Article, Illustration
        Lock icon Yachting
        82 12 AP SAN DIEGO The 1995 America's Cup will feature a best-of-9 final instead of the traditional best-of-7 series. The best-of-9 match will extend the final into two weekends and allow for more extensive television coverage, said Chuck Nichols, president of America's Cup '95. The final will begin on May
        AP  -  82 words
    • Article, Illustration
      Lock icon Who says there is no life after Michael Jordan?
      631 12 AFP WASH INC. I ON US basketball fans discovered there was life after Michael Jordan. It's just much less predictable. Jordan's parting gift to the National Basketball Association (NBA) has been the most exciting title race in 15 years. A record
      AFP  -  631 words
    • Article
      Lock icon Sports or politics, Nixon loved comebacks
      608 12  -  By Ira Berkow NYT RICHARD NIXON said that if he had his life to live over, he would like to have ended as a sportswriter. When he was the president he was known as the No I sports fan. When I met him for
      NYT  -  608 words
  • Page 12 Advertisements
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      124 12 V STANFORD HALL MANAGEMENT CENTRE MASTER OF BUSINESS ADMINISTRATION (MBA) Join this prestigous course in October 1994. This British degree will equip you to reach the top of your profession. All teaching is in the English Language. For more information write to: The Director of Studies Stanford Hall Management Centre
      124 words
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      Page 12 Advertisements Column 2
      311 12 T()U.-l'Ki:i-: 11-1.. No. 1-800-741-1883 I AX:74I-1298 f In The Matter Of The Compwlii Ad, Ctp SO And PELIKAT DEVELOPMENT PTE. LTD. (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at 190 Middle Road *10-08 Fortune Centre Singapore 0718 on the 11 th
      311 words
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      Page 12 Advertisements Column 3
      193 12 NOTICE NOTICE IS HEREBY GIVEN lhat. I YEO CHEE HENG of Blk 39A Commonwealth Ave #14-318 Singapore (0314). have applied for a Retail Liquor Shop Licence in respect of premises at M/s Kim Seng Heng Keng Kee at Blk 118 Commonwealth Crescent #01-19 Singapore (0314). and that this application will
      193 words
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      Page 12 Advertisements Column 4
      446 12 THE COMPANIES ACT. CAP. 50 YEE YEN (PRIVATE) LIMITED Alanbdrxmliiuf) General Meeting of YEE YEN I PRIVATE (LIMITED July convened and held on the If April IW4 the following special resolution was passed: SPECIAL RESOLUTION That the company he wound up voluntarily pursuant to Section ***** ihof the Companies Act.
      446 words
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      6905 13 33 Artcta 55<4> 90 Artcta 9 f til/ a daletng Artici* 56(4) m its entirety and replacing4wM the Mtowmg By data frig In wordsSecton 34 ot the Ordnance m imes 1 and 2 and raptaong (ham wM Vw BH "3P jp" yt [7 H "96(4) The nonce convening a Mttbng
      6,905 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      True and sincere partnerships need nurturing
      1243 14  -  ANWAR IBRAHIM ANWAR IBRAHIM The writer is Deputy Prime Minister and Finance Minister of Malaysia. This is an excerpt of his address to the I Oth International Meeting of the Pacific Economic Cooperation Council in Kuala Lumpur recently TODAY we are in the midst
      1,243 words
    • Article, Illustration
      Need for world to rein in cultural arrogance
      1062 15  -  Special to BT NOORDIN SOPIEE NOORDIN SOPIEE The writer is director-general of the Institute of Strategic and International Studies, Malaysia HARVARD academic Samuel Huntington is guilty of over-state-ment, over-simplifica-tion and if there is such a word over-impact in his thesis on the
      1,062 words
    • Article, Illustration
      Crisis of confidence afflicts West
      1233 15  -  KARIM RASLAN KARIM RASLAN The writer is a Kuala Lumpur hosed journalist SAMUEL HUNTINGTON'S essay. The Clash of Civilisations. published last year has stirred up a hornet's nest of debate. The Harvard academic argued that with the demise of communism, a new threat to the
      1,233 words
  • Page 14 Advertisements
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      156 14 mjf 9 jVfcHLf Win I World-class choreography. Masterfully performed. China Airlines HH||BHiy| 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 routine of daily rehearsal. Trained as a team, its young and energetic
      156 words
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      Page 14 Advertisements Column 2
      233 14 TOLL-FREE TEL. No. 1-BQO-741-1883 FAX:74I-129e BE THE FORCE BEHIND FUTURE DEVELOPMENTS W7I jt Our client, a major banking group wishes to ft ,niPl r/VPmtfVP appoint an entrepreneurial Chief Executive VlllVl liAvvUUVv officer to lead the stockbroking arm of the Affijinu group in HonB Kong I f Reporting to the Executive
      233 words
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  • Page 15 Advertisements
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      219 15 J W-lim i ll m mk I v fey- m JB A Legitimate Reason To Take Your Secretary To The Mediterranean. a special lunch, just the two of you. ai JP Bastianfs Mediterranean Bar Restaurant Mow else ran you find a more exotic way to express gjp v j I
      219 words
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  • Page 16 Advertisements
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      438 16 nusmess limes. wcunoua? /tym *■< Noll ling BeatsA Bud« (niffinfl WHERE to wine, dine and entertain OF FRESH .PASTA DAI LY. W From Pasta Fresca. The only restaurant to make its own specialty pasta. Fresh, everyday. Savour perfect pizza, great gelati and terrific tiramisu. All topped with Italian hospitality. Pasta
      438 words
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      Page 16 Advertisements Column 2
      340 16 x y V A //V/\ »V I j O (Price* subject to 10% service charge. ovt tax GST) Orchard Boulevard Singapore 1024 SECRETARIES' WEEK BUFFET LUNCHEON MOON PAVILION CHINESE RESTAURANT 25 April 29 April 1994 Your secretary deserves a break from all that endless load of paperwork. Bring Jot^ her
      340 words
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      Page 16 Advertisements Column 3
      323 16 ''f L Secretaries' Week M vJj Celebration 'J&k M April.2s-29 CalePlaza. buffeglunch -J? gifts dtw pfnte•+ VXvV" l *$18.50 per person. |K "Canibnesc set luntH with »"V y door gifts and attractive.; pi^e*. jicr pe«on. I i *»W y 'i t j U-biect to charge and p. IX-ytci government UxSt
      323 words
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      Page 16 Advertisements Column 4
      379 16 %Wt/NTC THE Eniov an unforgettable evening ot spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chets. Free parking in the evening. Showtimes: B.oopm to 8.30pm 9.30pm to 10.00pm •|h ftoot iXtWB Inioo Moum CoHyrr Qun Singapore 0I0« Trl 224 nil Mawafri
      379 words
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  • LIFESTYLE
    • Article, Illustration
      A good movie told in too many reels
      485 17  -  Singapore Film Fest 1994 Shahiron Sahari reviews the tragic,informative Salween Shahiron Sahari THE people who made Salween. the movie, undoubtedly come from the Oliver Stone "Why tell a story in two hours when three will do" school of moviemaking. Many times during
      485 words
    • Article, Illustration
      Portrait of an artist as a young boy
      371 17  -  Jacquot De Nantes has tremendous charm and Sure Fire individuality, writes Susan Tsang Susan Tsang HOW do directors come about? Are they born for the job, or do they blunder into it? Jacquot De Nantes gives us the childhood of Jacques Demy,
      371 words
    • Article, Illustration
      Of a small town and its troubled people
      326 17 SURE Fire forms the second part of Jon Jost's Tom Blair trilogy, named after the actor who takes the chief role in each film. Apart from having the same lead, the films all deal with themes like madness and violence, families breaking
      326 words
    • Article
      Lock icon Like mother, like daughter
      329 17 CHATTERBOX AP At AGE 11, Carrie Fisher protested when mother Debbie Reynolds threw out her baby clothes. "What will my baby wear?" she demanded. Now 37, Fisher has a daughter of her own 20-month-old Billie. And like Reynolds, she is a single mom. Carrie Fisher's most
      AP  -  329 words
  • Page 17 Advertisements
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      83 17 ecretaries' L/w♦E E K 25 -29 April Behind every successful man is a woman 25 26 and 28 29 April Set- lunch at Ss2B.ooper person 27 April £7d7niiic booh S et-lunch at SS32.ooper person Prict It subjtct to 10% trvict charge cmd govtmmenl taut including GST. Dally Highlights Lucky draw
      83 words
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      Page 17 Advertisements Column 2
      14 17 Salw een at Jubilee at 9.15pm. Jacquot De Sanies at Golden Sultan at 9.15pm.
      14 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      1302 17 TV RADIO The Great Bears Alaska, The grizzly bears of Alaska are *£j^k one of the most era ft > oppor- I Wafifc^3jP9 tunists, highly adaptable and jWRk/m Wr unpredictable. H< pui, An 'ecological* disaster occurs HISFf'J I I I "'.-Cj£ decides to investigate to sec if < J another
      1,302 words
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  • Article
    SM Lee's Australasian journey
    542 18 EDITORIAL SENIOR Minister Lee Kuan Yew's two-week official visit to New Zealand and Australia was not so much a journey of discovery as one of renewal. The trip, Mr Lee's first to the two countries since 1988, was not without controversy in the media in his
    542 words
  • WHAT THE OTHERS SAY
    • Article
      A great leader of his time
      292 18 PRESIDENT Richard Nixon will be remembered for reasserting US leadership in world affairs at a crucial period in the Cold War. He was a statesman with an ability to view global affairs in broad strategic terms and. once having done that, locate US interests
      292 words
    • Article
      Guard against the deviants
      163 18 IT WOULD be wise for the Islamic Religious Council (Muis) and perhaps the Islamic Religious Teachers Association (Pergas) to register all qualified religious teachers. The register can then be published and distributed to madrasah, mosques and Muslim block committees. By doing this, the community will be
      163 words
    • Article
      Focus on long-term cooperation
      116 18 CHINA is a huge potential market for the United States. China's Minister of Foreign Trade and Economic Cooperation has estimated that China will chalk up imports totalling US$l trillion (SSI.6 trillion) from the US from now until the year 2000. Besides. China and the US are
      116 words
    • Article
      Boutros Ghali should quit
      150 18 UNITED NATIONS Secretary-General Boutros Boutros Ghali's failure on Bosnia has been a failure of international leadership. The purpose of a UN chief is much more than that of the head of its vast paperchurning bureaucracy. He is counted on to rise to the obligation of non-partisan,
      150 words
    • Article
      Attracting the Khmer Rouge
      105 18 BY OFFERING Khmer Rouge leaders a limited role in government, the Phnom Penh government can temporarily muzzle the military threat posed by the guerilla group and allow Cambodia's suspended development to begin anew. Economic growth and democracy are the answers to the Khmer Rouge problem. If
      105 words
    • Article
      Boost the private sector
      167 18 CHINA'S employment picture looks grim with five million out of work and millions employed left without wages. The situation is deteriorating. Beijing leaders are faced with a dilemma. Closing inefficient factories will increase the urban unemployment rate, estimated at about 3 per cent this year. Bailing
      167 words
  • Article, Illustration
    Crime's just part of the game
    1195 18  -  The mafia poses serious problems in Russian business, right? Wrong, says John Helmer, who finds out that train travel can be even more hazardous John Helmer, The writer is BT's Moscow Correspondent AFrER the US government recently issued a travel advisory warning its citizens
    1,195 words
  • Page 18 Advertisements
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      35 18 YOUR DAILY GUIDE (tyaaa6sced> The Straits Times Classified. The only buyer's/ seller's guide that's updated everyday. Whether you need a house painter or art instruction, Classified has what you're looking for! Just call 737-1166. 737-1166
      35 words
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      Page 18 Advertisements Column 2
      510 18 Whatever your printer is, we've a specially developed label for you INK-JET PRINT (in p«cks of 100 sheets) pHH Üb«ls par Order lie 38.1 x 21.2 6.500 4*lo 48.3 x 16 9 64 6.400 4811 48.3*25.4 44 4.400 4812 Specially developed for high speed 66 ".8 24 2.400 48i4 t
      510 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      59 18 (I'll spvY...) I lop\s TcmPrejp to come m (U)HP\T B€.F\UTIFUL_) V. J PWSTRIPeD SHORTS v»/ —_y JV L- ——u«MWr»IOWWWitmIMM>WW Ovt&'Vl DOONESBURY GARRY TRUDEAU ijjfc BUTTS HA6 TAKEN HIS tibl THE FUTURE FOR. WOMEN'S —1 DM6HTERTOUORK. UHFJ&iUt/AFJJTftADmONALLY I CJ6ARETTESHASN&BRBEEN ETHP/LA/ J ~~Z I M6HTSK! UJArrU.IHZFO&T Q W tMPOWE^ IT*? A BRAVE
      59 words
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  • ANALYSIS
    • Article, Illustration
      The working woman is here to stay
      1766 19  -  Love it or lump it, there's no turning back the clock. Chan Heng Chee says the crucial economic role of women in today's world must be acknowledged nay, respected and societies must learn to deal with the new problems that come with a
      1,766 words
    • Article, Illustration
      India seeks to avoid capital indigestion
      1241 19  -  From New Delhi, Vikram Khanna reports on the problems created by massive foreign portfolio investment Vikram Khanna The writer is BT's Regional Economics Editor IT first happened in Latin America. After the foreign exchange drought of the debt crisis years of the 1980s, the
      1,241 words
  • Page 19 Advertisements
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      64 19 Where is die best place to sell a home? THE STRAITS TIMES CLWED! Are you making a move to sell your single-storey terrace? A double-storey semidetached? A maisonette? An apartment? An ad in The Straits Times Classified puts you in touch with over 500,000 potential buyers who will respond quickly.
      64 words
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  • Article
    Hata in futile bid to persuade Socialists to stay in coalition
    530 20  -  From Anthony Rowley in TOKYO JAPAN'S newly-elected Prime Minister. Tsutomu Hata. yesterday made what appeared to be a half-hearted and futile attempt to persuade Socialists to reverse their decision to quit the ruling coalition. And a further major shift
    530 words
  • Article
    Lock icon US consumer confidence at 4-year high: report
    421 20 AP. Reuter NEW YORK Consumer confidence in the US economy jumped in April to the highest level in nearly four years, buoyed by rising optimism about business conditions and job opportunities. The Conference Board, a New York research group, yesterday said its index
    AP.; Reuter  -  421 words
  • Article
    Lock icon BAT to buy American Tobacco for US$1b cash
    257 20 Reuter LONDON BAT Industries pic, which owns brands like Kool, Kent and Barclay, yesterday said it will buy American Tobacco from American Brands Inc for US$l billion (S$ 1.55 billion) in cash. The deal will further strengthen the position of BAT in
    Reuter  -  257 words
  • Article, Illustration
    Lock icon Airbus crash: 239 killed in Nagoya
    377 20 Reuter NAGOYA. Japan Nearly 240 people died and 22 were missing after a Taiwanese airliner crashed and exploded at Nagoya airport in Japan's second worst air disaster, fire officials said early today. The officials said 239 were confirmed dead after the crash of China
    Reuter  -  377 words
  • Article
    Lock icon Put your own house in order, Bentsen tells World Bank
    127 20 AFP WASHINGTON The World Bank and other multilateral development banks need to put their own house in order if they are to continue to play a useful role in helping the developing world, the United States said. "Just as these
    AFP  -  127 words
  • Article, Illustration
    US must ratify world trade pact speedily
    754 20  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, w here this commentary first appeared. NOW that the world's biggestever trade agreement has been signed and sealed in Marrakesh. it is time to get it
    754 words
  • Article
    Call to set up Asean development bank
    224 20  -  Reports by William Chia in JAKARTA REGIONAL business association Asean Business Forum has called for the setting up of an Asean commercial development bank to finance infrastructure projects in the region. Asean Business Forum president Aburizal Bakrie. who is also a prominent Indonesian
    224 words
  • Article
    Indonesia to keep to reform path: minister
    205 20 INDONESIA will continue to be an excellent place to do business because of the government's firm commitment to upgrading infrastructure and human resource development. Minister of State for National Development Planning Ginandjar Kartasasmita said that foreign investors could also look forward to continual
    205 words
  • Page 20 Advertisements
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      371 20 KAISER KITCHEN SYSTEM MMMM M THE MATTER OF THE COMPANIES ACT, CHAPTER SO VICTORIA CO., (PACIFIC) PTE. LTD. MEMBERS' VOLUNTARY UOUOATION At an Extraordinary General Meeting of the Company deemed to be held on 20 April 1994, the Mowing resolutions were duly passed: 1. SPECIAL RESOLUTION WMOMG-UP Thai the Company
      371 words
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      Page 20 Advertisements Column 2
      8 20 Tokyo markets steady despite political chaos, Pg 5
      8 words
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      Page 20 Advertisements Column 3
      12 20 I S and industrialised nations block IMF cash reserves plan, Pg 8
      12 words
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      Page 20 Advertisements Column 4
      146 20 KAISER KITCHEN SYSTEM COMPUTING TECHNOLOGIES FOR FINANCIAL MARKETS TRADING 30 May -1 June Omni Marco Polo, Singapore An interactive three-day course for executives in treasury and funds, and all trading stocks, currency and commodities. Course Presenters from Smith Barney Shearson: David Lee and Arul Inthirajah Learn how a smarter computer
      146 words
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  • COMPANIES & MARKETS
    • Article
      S'pore broking firms seek tie-ups with Thais
      475 21  -  From Loh Hui Yin in BANGKOK MORE Singapore stockbroking firms are heading north to link up with their Thai counterparts. Their aim to tap the burgeoning Thai equities market, which attracted a flood of funds from the Republic last year. The latest is
      475 words
    • Article
      Mayban slapped with net selling ruling
      247 21  -  From Ho Kay Tat in KUALA LUMPUR THE Kuala Lumpur Stock Exchange yesterday imposed a net selling condition on Mayban Securities Sdn Bhd, the stockbroking arm of Malayan Banking Bhd, because the brokerage was unable to reconcile its accounts. Market sources said the ruling
      247 words
    • Article, Illustration
      DBS Land to raise stakes in Raffles City, RC Hotels
      416 21  -  By Sylvia Wong SINGAPORE DBS Land Ltd will raise its stakes in two companies behind the massive Raffles City commercial complex to make them associate companies of the group. It said yesterday that it planned to buy over the 3.48
      416 words
    • Article
      Water seen as good money as Malaysia privatises its supply
      716 21  -  HOCK LOCK SIEW By S N Vasuki SINGAPORE Malaysian firms are rushing to capitalise on the government's ambitious plans to privatise water supply. A handful of listed companies have already received lucrative mandates in Sabah and Johor. There is considerable
      716 words
    • Article
      Lock icon Former Setron MD wants to get back on board
      551 21 MBT KUALA LUMPUR Abdul Murad Ahmad. Setron Bhd's former managing director who was involved in a boardroom tussle in the company in 1991, is believed to have patched up with his former colleagues. He now plans to rejoin the board. Setron
      MBT  -  551 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        44 21 Steady Market \li»k I indicates the likely trailing sentiment Unlay, ha set! an brokers palled at S-fmtn yesterday, (Xerntghl events may alter sentiment Hrakers /*»//<•</ Alliance, Daiwa. Iraser. (Ik Hah. Kay Hum. Marfan (irentell. (higeo. I'hilhp. lat l.ee. Smith Court and 111 Can
        44 words
      • Article, Illustration
        HOT STOCK
        126 21  -  By Paul Leo Jack Chia-MPH broke resistance between Si.4l and $1.45 to end at $1.46 yesterday. Technical factors support further strength towards $1.63. The five-day moving average line is about to cross the 15-day moving average line from below, confirming an upward trend. The weekly Relative Strength Index,
        126 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Amtex awards contract for new factory
          86 22 SINGAPORE Listed metal stamping company Amtek Engineering has awarded a $9.1 million contract for a new factory to Lend Lease. The three-storey building, which will go up on a 7.670 sq m plot of land next to Amtek's existing Kian Teck Drive plant, will
          86 words
        • Article
          Lock icon Sungei Way in China highway deal
          79 22 Bernama KUALA LUMPUR Sungei Way Holdings Berhad (SWHB) yesterday announced that it has signed a memorandum of understanding with Shenzhen in China to construct and operate a 15.2 km dual carriage highway. SWHB will undertake all construction and engineering works associated with the link
          Bernama  -  79 words
        • Article
          Lock icon Bata fails to maintain profit stride
          87 22 Bernama KUALA LUMPUR Bata (Malaysia) Berhad registered a 17 per cent fall in group pre-tax profit to M 522.53 million for the year ended Dec 31. 1993. from M 527.03 million previously. In its unaudited results released yesterday, Bata said the group turnover fell
          Bernama  -  87 words
        • Article
          Metro winds up subsidiary
          59 22 SINGAPORE Metro Holdings has announced that its 85 per cent-owned subsidiary Metrobilt has wound up Meritco. the latter's wholly-owned subsidiary. Meritco. active since March 31, 1992, was wound up last Friday. Metro also announced that Metrobilt's wholly-owned subsidiary. Asianlink Corp. incorporated in Australia in April 1987.
          59 words
        • Article
          NatSteel buys Burwill shares
          42 22 SINGAPORE Nat Steel has acquired 25.5 million Burwill warrants and converted these into 25.5 million ordinary shares for HKS3O.6 million (556.16 million). Nat Steel now has 178.4 million Burwill shares, or 25.5 per cent of Burwill's issued capital.
          42 words
        • Article
          OCBC savings rate
          48 22 SINGAPORE OCBC clarified yesterday that there was an error in its press release of April 25. The increase in its savings rate for amounts of Sioo.ooo and above should be from 2.5 per cent to 2.75 per cent, not from 2.25 to 2.75 per cent.
          48 words
      • Article
        23 more investors for Asia-Pacific cable network
        174 22 SINGAPORE The USS560 million (SS868 million) project to build an underwater cable network for the Asia Pacific has gained 23 more investors, including Cellular Communications Network (M) Sdn Bhd (Celcom) of Malaysia. A statement from Singapore Telecom yesterday said more investors were expected
        174 words
      • Article
        Kelanamas to buy Sabah plywood maker for M$100m
        481 22  -  From Ho Kay Tat in KUALA LUMPUR KELANAMAS Industries Bhd yesterday said it had signed a memorandum of understanding (MOU) to buy all of Sabah-based plywood manufacturer Kin Yip Wood Industries Bhd for MS 100 million (SSS7 million) \ia a rights issue
        481 words
      • Article, Illustration
        Lock icon UEM bags M$1b road project
        302 22 MBT KUALA LUMPUR United Engineers (Malaysia) Bhd (UEM) was yesterday awarded the concession for the MSI billion (***** million) privatisation of the 48km centra) link, a route to bypass Kuala Lumpur on the 900 km North-South Expressway (NSE). The concession will expire simultaneously on May
        MBT  -  302 words
      • Article
        Lock icon Berjaya appointed lottery consultant in Chinese city
        171 22 Reuter KUALA LUMPUR Malaysia's Berjaya Group Bhd said it has been appointed consultant-cum-project manager of a social welfare lottery scheme in Chongqing city in China's Sichuan province. Berjaya will provide consultancy ser\ ices and technical assistance to help Chonqqing start, operate and manage
        Reuter  -  171 words
      • Article
        Philippines' largest power distributor posts 12.5pc fall in profit
        284 22  -  From Al Labita in MANILA THE POWER outages last >ear took a heavy toll on the profit of Manila Electric Company (Mcralco). the Philippines' largest power distributor. In an annual report yesterday to stockholders. Meralco president Manuel Lopez said profit dropped
        284 words
      • Article
        UNIT TRUSTS & FUNDS
        553 22 UNIT TRUSTS FUNDS Manager*' prices Apr 27 i s Or Fund 101 105" Singapore Unit Trust UMB Invest Mgt Ltd The < ommerce 1.76 1.85 I nifund 1.48 154 The Savings Kund 162 I "*0 Imboad-F 1.025 1.05 S pore I'rog Fund 0 7 4 0'8 I nited Gr Fund
        553 words
      • Article, Illustration
        Earnings soar on sweet scent for Indonesian cigarette firms
        271 23  -  From Maggie Ford in JAKARTA SALES of the clove-scented cigarettes favoured by Indonesians improved strongly last year, with the two main listed producers Gudang Garam and MM Sampoerna showing solid growth. Gudang Garam. the largest producer, reported sales of 3,874 billion
        271 words
      • Article
        Pacific Dunlop's acquisitions will spur growth: Moody's
        404 23  -  By Peter Osborne SINGAPORE The aggressive aequisition strategies of Australian company Pacific Dunlop Ltd, underpinned by expansion into Asia, have been praised by Moody's Investors Service, the international ratings agency, which says it expects the diversified manufacturer to show further growth. In a
        404 words
      • Article
        Lock icon Guangzhou Investment posts 39pc rise in profit
        147 23 Bloomberg Business News HONGKONG Guangzhou Investment, a China-controlled real estate and investment company, yesterday said its net profit climbed 39.2 per cent in 1993. The company said its profit after tax and minority interests but before extraordinary items was HK5304.4 million (5561.3 million),
        Bloomberg Business News  -  147 words
      • Article
        Lock icon Profit at petrochem firm in Shanghai surges 96pc
        401 23 Bloomberg Business News HONGKONG Shanghai Petrochemical said its net profit rose 96 per cent in 1993 to 870 million yuan (SSISS million). with local currency fluctuations offset by foreign exchange dealings. Shanghai Petrochemical is the second largest of seven state-owned Chinese companies
        Bloomberg Business News  -  401 words
      • COMPANY BRIEFS
        • Article
          Lock icon Dairy Farm boosting Aussie presence
          77 23 Bloomberg Business News SYDNLY Hongkong-based retail group Dairy farm International Holdings said it will spend AS3SO million (*****.74 million) in the next three years on its Australian supermarket chain. Franklins, in a hid to increase its share of the Australian grocery market, the Sydney Morning
          Bloomberg Business News  -  77 words
        • Article
          Lock icon Itochu, Hitachi, ABB in Aussie deal
          63 23 Bloomberg Business News lOKYO Trading company Itochu announced on Monday that it and Japanese electronics manufacturer Hitachi along with Germany's Asea Brown Boveri has won a contract to build a coal-fuelled power plant in Australia. Nikkei English Sews reported. 1 lie order for the
          Bloomberg Business News  -  63 words
        • Article
          Lock icon New gauge of HK inflation
          81 23 Bloomberg Business News HONGKONG Morgan Stanley Co, the leading US investment bank, has decided to use the Hang Seng Consumer Price Index (HSCPI) as its main indicator of inflation in Hongkong. It was previously using the Consumer Price Index A (CPI-A), which is widely followed
          Bloomberg Business News  -  81 words
        • Article
          Lock icon China Vanke's profit soars
          70 23 Bloomberg Business News HONGKONG China Vanke, a real estate and investment group listed in Shenzhen, said its net profit jumped 282.5 per cent in 1993 because of strong property and equity revenues. Profit attributable to shareholders was 149.74 million yuan ($26.7 million) against 39.14 million yuan
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Sumitomo Heavy's chairman quits
          70 23 Reuter TOKYO Sumitomo Heavy Industries Ltd chairman Shigeru Goda will resign tomorrow, taking responsibility for senior company executives' alleged involvement in a bribery scandal, a company spokesman said. Three Sumitomo Heavy officials were arrested in February for allegedly offering 10 million yen in bribes to an
          Reuter  -  70 words
      • Article
        Lock icon Possible violations of takeover code by Allied: HK panel
        233 23 AFP HONGKONG Hongkong's Securities and Futures Commission (SFC) has detected possible violations of the local takeover code in its ongoing study of a government report into the operations of Allied Group Ltd and its associated companies. However. Allied Group chairman Brian
        AFP  -  233 words
      • Article
        Lock icon Gerstner sees IBM running into profitability this year
        439 24 AP TORONTO IBM should be profitable this year for the first time since 1990, chairman Louis Gerstner told stockholders on Monday at the company's annual meeting. "Barring the unforeseen, we are planning on being profitable in 1994," Mr Gerstner said, without elaborating.
        AP  -  439 words
      • Article, Illustration
        Lock icon In memory of Nixon
        64 24 Reuter Nfc.W YORK Activity came to a halt at noon on the floor of the New York Stock Exchange on Monday as traders observed two minutes of silence in memory of former US president Richard Nixon. The stock exchange will be closed today for an official
        Reuter  -  64 words
      • Article
        Lock icon Marine Midland's profit up 55pc
        119 24 Bloomberg Business News HONGKONG Marine Midland Banks Inc, the US subsidiary of international banking giant HSBC Holdings, says its after-tax profit climbed 54.9 per cent to U5552.6 million (5581.5 million) in its first fiscal quarter ended March 31, from US$34.O million in the year-earlier quarter.
        Bloomberg Business News  -  119 words
      • Article
        Lock icon DuPont surprises with 1st qtr net of US$642m, up 39pc
        447 24 Reuter PHILADELPHIA DuPont Co reported on Monday first quarter earnings of US$642 million (SSI billion), outstripping analysts' expectations with its best performance since 1990 and showing its corporate recovery is gathering steam. DuPont shares surged on the results, gaining U553,875
        Reuter  -  447 words
      • Article
        Lock icon Hoechst's first qtr pre-tax profit rises 16pc
        450 24 Bloomberg Business News, Reuter FRANKFURT German chemicals giant Hoechst AG said pre-tax profit rose 16.1 per cent in the first quarter as demand increased overseas. Earnings climbed to 506 million deutschemarks (***** million) in the first three months of the year from 436
        Bloomberg Business News,; Reuter  -  450 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lehman sees US short-term rates hitting 4.5pc by July
        472 26  -  By Agnes Chen SINGAPORE US shortterm interest rates could hit 4.5 per cent by July but are likely to be capped at 5 per cent, predicts Lehman Brothers global chief economist Allen Sinai. He remains bullish on stocks, but less so
        472 words
      • Article
        Lock icon Perwira Habib changes name; profits up 46pc
        244 26 Bernama KUALA LUMPUR Perwira Habib Bank, which changed its name to Perwira Affin Bank yesterday, has reported an after-tax profit of more than MS 100 million (SSS7 million) for the first time in its 18-year history. Perwira Affin chairman Zain Hashim said the
        Bernama  -  244 words
      • Article
        Lock icon Relocation a priority after merger: Nymex
        225 26 Reuter NEW YORK New York Mercantile Exchange (Nymex) president Patrick Thompson on Monday said relocation would be a priority after Nymex's merger with Commodity Exchange Inc (Comex). Members of both exchanges approved the proposed merger on Monday. "It's been a long year but it
        Reuter  -  225 words
      • SMALL CHANGE
        • Article
          Lock icon Siam Commercial ups prime to 10.5pc
          58 26 Reuter BANGKOK Siam Commercial Bank pic has raised its minimum lending rate and minimum overdraft rate to 10.5 per cent from 10.25, effective Monday, said a bank official yesterday. On the deposits side. SCB, a medium-sized Thai bank, raised only its savings rate from
          Reuter  -  58 words
        • Article
          Lock icon Assets of Manila's banking system
          100 26 Reuter MANILA Total resources of the Philippine banking system rose 24 per cent by end-1993 to hit the trillion peso mark. The Philippine Central Bank said yesterday that the combined resources of banks and non-banks performing quasi-banking functions rose 202 billion pesos (5511.3 billion) to
          Reuter  -  100 words
        • Article
          Lock icon ABN-Amro allowed to open Manila unit
          70 26 Reuter MANILA The Philippine Central Monetary Board said on Monday that it had given ABN-Amro Holdings permission to open an offshore banking unit in Manila. Central bank governor Gabriel Singson said ABN-Amro. the 20th offshore banking unit in the Philippines, would focus on project
          Reuter  -  70 words
        • Article
          Lock icon Thai bank to open overseas branches
          89 26 AEP BANGKOK Thailand's Bank of Ayudhya plans to open branehes in other countries in the region, in particular Eastern Europe, a bank official said yesterday. The bank. Thailand's fifth largest, will upgrade its representative office in the Laotian eapital of Vientiane to a full
          AEP  -  89 words
        • Article
          Lock icon Santander wins Banesto in auction
          58 26 Reuter MADRID Banco Santander SA was awarded a controlling 73.45 per cent stake in Banco Espanol de C'redito-Banesto SA as a result of Monday's auction. Bank of Spain governor Luis Angel Rojo said on Monday. Santander paid a price of 762 pesetas a share, he
          Reuter  -  58 words
      • Article, Illustration
        Lock icon Two remittances firms eye foreign labour market in S'pore
        250 26  -  By Shiv Taneja SINGAPORE Western Union Financial Services, the world's largest money-transfer company, has set up shop here with DM Remittances, in a bid to cash-in on the foreign labour market in Singapore. DM Remittances managing director Michele Uriarte said the
        Photo by Arthur Lee  -  250 words
      • Article
        Global bank syndicate lends US$39m to Thai phone firm
        272 26  -  By Soh Tiang Keng baht. more than double 1992 earnings of 452 million baht. The five lead managers for the deal are the Singapore branch of Banea Commerciale Italiana and the Bangkok branches of Bank of America. Citibank. Hongkong and Shanghai
        272 words
      • Article
        Lock icon Lloyd's faces big shortfall in reserves for US claims: study
        176 26 AFP LONDON The insurance market Lloyd's of London could have a shortfall of at least £11 billion (5525.52 billion) in its reserves set aside for future United States asbestosis and pollution claims, a report warned on Monday. The report, quoted
        AFP  -  176 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        123 26 THE USS was generally little changed yesterday against Asian currencies. The market continued to he lethargic, lacking fresh ideas. The dollar hardly budged against the SS yesterday with most trades going through between 1.5565-70. Bearish dollar sentiment continued to prevail with local support seen around
        123 words
      • Article
        Lock icon London
        185 26 Bloomberg Business News LONDON The dollar fell against the deutschemark and yen here yesterday and sterling surged to a four-week high after a UK employers group said there was no reason to cut interest rates further. German reports of robust money supply growth in March and positive economic indicators
        Bloomberg Business News  -  185 words
      • Article
        Crude oil futures weaken as rise seen overdone
        158 26 Bloomberg ENERGY REPORT LONDON Oil futures prices declined yesterday after Monday's rise was seen overdone given current supply and demand, brokers said. Yet the underlying trend remains upwards, as traders see improved demand as western economies emerge from recession, the brokers said.
        158 words
      • Article
        Lock icon New York
        91 26 AFP NEW YORK The dollar was mixed in early deals here yesterday in quiet trading ahead of the release of an index showing US consumer confidence for April. Around 9:30 am (1330 GMT), the dollar was at 1.682b marks, up from 1.679S on Monday, and at 103.00 yen,
        AFP  -  91 words
      • Article, Illustration
        Untitled
        1714 26 Imle-ntithutl imk-\ cuh iiluml n«»ni .V'/»«rc*» ft(p H trailing ihnliu-n Ohm- hot /W US$/S$ forward rates Noon Apr 26 s$ Bid Offer 1-monlh I 5564 1.5579 2-month 1.5568 1.5583 3-month 1.5572 1 5587 6-month 1 5578 ***** Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m on Apr 26 Singapore
        1,714 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen steady but mood bearish
        1344 27 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended a lacklustre day little changed yesterday. But dealers said the market was in a bearish mood because of political developments in Japan and technical factors. "The market is worried about the chances the government will pass the
        Reuter  -  1,344 words
      • Article
        Crude palm oil up on news of tender
        591 27 COMMODITY REPORTS Palm Oil THE crude palm oil physical market gained further ground to close higher yesterday on news that India and Egypt are tendering for more palm oil today. One dealer said India and Egypt had voiced their intention to tender
        591 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Gold, platinum prices edge higher
          124 27 TOKYO Spot gold and platinum prices edged higher in quiet trading yesterday, with most investors wary of taking positions before elections in South Africa and holidays in Japan and the US, dealers said. South Africa is one of the world's largest producers of gold, platinum
          124 words
        • Article
          Higher ferronickel price for Japan
          88 27 TOKYO Japanese steel makers have agreed to a request by Pacific Metals Co, Sumitomo Metal Mining Co and other refiners to raise the price of ferronickel by 110,000 yen per tonne, or 14 per cent, from April-June shipments. They agreed to pay 890,000 yen per
          88 words
        • Article
          Copper steady ahead of stock data
          64 27 SYDNEY Copper held steady in light Asian trading yesterday ahead of the latest London Metal Exchange stocks figures. A further decline in stocks on the heels of last Friday's data showing inventories down 10,225 tonnes would likely encourage more forward buying, traders here said.
          64 words
        • Article
          Thai March rice exports down
          68 27 BANGKOK Thai rice exports totalled 404,345 tonnes in March, down 3 per cent from February, Thai Board of Trade figures showed. Exports were up 11.0 per cent from a year earlier, according to the figures, provided by international surveyor Overseas Merchandise Inspection Co. March shipments
          68 words
    • Article
      COMMODITY PRICES
      1492 27 Rubber Singapore Commodity Exchange (futures doting as at lpai) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 94 148.50 148 50 149.00 Tt5 I 700 Jun 150.00 149.00 150.00 1175 4.800 Jul 150.50 149 50 150.50 175 1.850 Aug 150.00 150.00
      1,492 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1134 28 26.9 The Australian share market ended at its highest level in more than a week yesterday, led by a stronger Wall Street and gains on the local bond market. "It's been mostly domestic institutions that have been buying." a broker said. The All Ordinaries index ended up 26.9 points
        1,134 words
      • Article
        Manila
        630 28 +29.19 Manila Electric Co's (Meralco) higher-than-expected first quar- ter profit coupled with market leader Pl.DT's rise in New York sparked hroad buying, driving prices higher, analysts said. The composite index rose to 2.867.59 points, up 29. I 1) points or 1.03 per cent. Meralco A shares gained 12.50 pesos
        630 words
      • Article
        Taipei
        562 28 -67.39 Taiwan share prices finished lower across the board but turnover expanded to the largest since Feb 4 as heavy profit-tak-ing lasted throughout the session following the market's recent gains, brokers said. The index opened 57 points up but ended 67.39 points or 1.14 per cent down at 5.851.16.
        562 words
      • Article
        Seoul
        383 28 -5.06 Stocks closed lower in lethargic trading as consolidation in blue chips overshadowed the market. Brokers attributed a recent drop in trading volume to institutional inactivity. The composite stock index lost 5.06 points to 887.64. A substantial amount of cash needs arising from the Korea Telecom stock subscription anil
        383 words
      • Article
        New Zealand
        270 28 36.91 Shares ended 1.76 per cent higher in reaction to a sharp drop in US bond yields on Monday. The N/SE lop 40 capital stock index ended 36.91 points higher at 2.130.18. its high for the day. Major gaining stocks included foresters Carter Holt and Hetcher Challenge. Telecom
        270 words
      • Article
        Bombay
        140 28 -32.75 Indian stocks fell slightly as investors focused on initial public offerings off the exchanges, traders said. The Bombay stock exchange index fell 32.75 points, or 0.85 per cent, to 3.780.52, and the national index shed 10.45 points, or 0.56 per cent, at 1.835.89. Activity on Indian exchanges has
        140 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        744 28 Britannia Funds Sterling < ash Bid Offer Mini < jp Deposit Mfc-MNI Mm ki«« (iih iilKil i> Mtm M.i\ IKISK tM*> 1 oiini I SS < ash liiiunw Ptos FunJ I.MHI I0.5UM PS Rcvfrxc f un.1 <<W 5 :w«t Sterling hquil\ I iihi Pei loriu.iiKi* II H't2 (Ul ilt I
        744 words
      • Article
        London
        659 28 19.2 STOCKS rose amid higher bonds and hopes that accelerating economic growth will boost earnings of companies linked to the economic cycle. The FT-SE 100 Index of leading British stocks rose 19.2 points to 3.125.3. pulled higher by shares in Hanson pic, a chemical and building material maker, BTR
        659 words
      • Article
        Paris
        127 28 14.62 French stocks rose as investors viewed a slowing of German money supply growth as a sign that the pace of inflation was coming under control. The CAC 40 Index of leading French stocks rose 14.62 points to 2,130.91. Pharmaceuticals company Rhone-Poulenc SA, among the strongest gainers on the
        127 words
      • Article
        Stockholm
        96 28 +6.82 Swedish shares closed higher after both domestic and German money market rates fell after the German M 3 money supply figure, evoking hopes the rise in rates might he petering out. The blue-chip OMX Index rose 6.82 points to 1,124.05. Fifteen of the 30 stocks tracked by the
        96 words
      • Article
        Frankfurt
        206 28 -1-40.98 German stocks rose 1.9 per cent during the floor session. boosted by relief over a slowing pace of money supply growth and the biggest one-day gain in US stocks in three weeks overnight. The DAX index of 30 most widely traded German stocks rose 40.98 points to close
        206 words
      • Article
        Brussels
        140 28 +7.39 Belgian stocks rose on a strong performance by chemical companies and Monday's rise in US stocks, traders and analysts said. The Bel-20 index of leading shares rose 7.39 points to 1,498.84. Two chemical companies. Bekaert NV and Solvay SA led the rise. Solvay gained 1.97 per cent on
        140 words
      • Article
        Milan
        143 28 +415 Italian shares rose to a high for the year as investors bet that media tycoon Silvio Berlusconi soon will form a new government. The Milan market's Mibtel Index rose 3.3 per cent or 415 points to 12.852, pulled higher by shares of Assicura/ioni Generali SpA and Fiat SpA.
        143 words
      • Article
        Amsterdam
        247 28 +3.46 Dutch stocks closed higher as cyclical shares rallied because of optimism over corporate earnings, traders said. The advance illustrates that investors are becoming more confident about economic growth in Europe, although fears of inflation capped some of the gains. Ak/o Nobel NV. the Dutch-Swedish chemical concern, led the
        247 words
      • Article
        Zurich
        252 28 12.7 Swiss stocks rose yesterday, boosted by German money supply growth and US markets. traders said. The Swiss Market Index. or SMI. which tracks the top 22 blue-chip stocks, gained 12.7 points to 2,776.2 points, with 18 stocks rising, two un- changed and two falling. Chemical stocks were boosted
        252 words
      • Article
        Johannesburg
        272 28 +226 Shares posted strong gains in active trade yesterday as traders celebrated the start of all-race elections and found strong support from a variety of other factors. The overall index closed up 172 points to 5,240. industrial index up 226 at 6,257 and gold index up 60 to 1.906.
        272 words
      • Article
        Toronto
        260 28 +69.57 Toronto stocks ended a quiet session higher on Monday with traders complaining of little activity except for a stronger gold price. "Gold was dragging, and I do say dragging, the market up." said Maureen Aslin. trader at Sanwa McCarthy Securities Inc. The TSE 300 composite index closed 69.57
        260 words
      • Article
        New York
        836 28 -3.27 Blue-chip stocks slipped at midsession yesterday as investors took profits following Monday's dramatic rally of more than 57 points in the Dow index. Investors were also nervous about the prospect of higher interest rates after a report that consumer confidence in April shot up to the highest
        836 words
    • Article, Illustration
      Lock icon HONGKONG
      3087 29 Bloomberg Business News HUNCiKONCi Renewed bidding in companies with real estate interests helped push the benchmark Hang Seng Index of 33 leading stocks up 2.11 per cent yesterday. The rebound came after a rise in stocks and a fall in bond yields in the United States on Monday. These
      Bloomberg Business News; Source: Bridge Info  -  3,087 words
    • Article, Illustration
      CHINA
      566 29 THE surge in the A markets in Shanghai and Shenzhen failed to stimulate corresponding rises in the B markets. In fact, volume and interest slumped, and prices stayed within a narrow range. The CLSA Shanghai B index ended 2.09 points higher at 714.69 while the A index was 99.75
      566 words
    • Article, Illustration
      Lock icon TOKYO
      2558 29 Bloomberg Business News TOKYO Stocks declined for a second day yesterday as the Social Democratic Party of Japan's withdrawal from the ruling coalition threatened to destabilise the new government. Consumer electronics and technology shares led declining issues. "This pullout last night by the Socialist party will increase the chances
      Bloomberg Business News; Source: Bridge Info  -  2,558 words
    • Article, Illustration
      Lock icon BANGKOK
      1750 29 Reuter BANGKOK Thai stocks closed lower on rising interest rates and political uncertainty yesterday, brokers said. The SET index was 14.08 points lower, or 1.10 per cent, at 1.263.79 on thin turnover of 4.7 billion baht. "The market was lacklustre and selling interest rose after the index failed to
      Reuter; Source: Bridge Info  -  1,750 words
    • Article, Illustration
      Lock icon JAKARTA
      1169 29 Bloomberg Business News JAKARTA Indonesian shares closed mixed amid reduced concern about riots in Mcdan and unimpressive foreign investment figures. The benchmark Jakarta Stock Exchange Composite Index rose just 0.7 point to 454.92. Volume was 19.69 million shares worth 84.292 billion rupiah. compared to three-month average daily turnover of
      Bloomberg Business News; Source: Bridge Info  -  1,169 words
    • Article
      CLOB INTERNATIONAL
      2492 30 MOST ACTIVE volume Mulphj Inil ><V KSPi**) Bci|a>a I nil s <44(1110 IJihH\il>Ol 4.S4KI**) M Resources 4 121 um I B >0t ».N»N<**I kjmunling SV VI2.UI0 l*nnrwt 2 Mulll-I*ui [X**. 2 *44 1**1 \inal Slccl SK I .VSX 1**1 Hviui.i l.i.iin I ""41**1 \MI>B MV I "2<t**i blClniSk
      2,492 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks fall after KLSE limits on two brokerages
        5507 30 Bloomberg Business News KUALA LUMPUR Stocks fell amid uncertainly created by a Kuala Lumpur Stock Exchange decision to limit trading at two brokerages, analysts said. The KLSE ordered Mayban Securities Sdn Bhd. a unit of Malayan Banking Bhd. and J B Securities
        Bloomberg Business News; Source: Bridge Info  -  5,507 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7660 31 MAIN BOARD Transaction date: Apr 26 Gr Gr 199-1 Lax Vol Da) Last Quote Di> Di» Md Xrl >1 (up Hi*h Law Compan\ Sal* ("0001 High Low Buur Seller S Or N P/t INDUSTRIAL AND COMMERCIAL 1350 206 s Acma 1000 cd +25 101 1020 990 995 1000 17.5 2.1
        7,660 words
      • Article, Illustration
        Lock icon Market recoups early loss as bargain hunters move in
        1907 32  -  By Paul Leo SINGAPORE Late bargain hunting overcame earlier prof-it-taking to push the local bourse higher yesterday. The Straits Times Industrials Index rose 13.19 points to 2,321.01 in the first hour of trade, then eased to 2,299.75 before recovering late in
        Charts by Bridge Info; Source: Bloomberg  -  1,907 words
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      459 21 NEWS VALUE How today 's news might affect your stocks CityDev sets benchmark price with $72m bid for MatterBuilding (PR W A new benchmark for commercial buildings. Likely to benefit counters with sizeable commercial real estate. Chicago Board of Trade pulls out of Globex system (pg 1) Good news for
      459 words
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      100 22 USHA MARTIN INDUSTRIES LIMITED I(n)J "Everest", 46-C, Chowringhee, Calcutta-700 071, India. Tel: 22-8115 /1097 5144/ 6988 Cable: "USHAGLOB", Telex: 021-2338 UMEX IN, 021-5040 UMR IN, Fax: 91-33-*****5,91-33-*****1 i Specialist in Wire Ropes Wire Ropes for the Offshore Petroleum Industry OUR CAPACITY: ANNUAL PRODUCTION CAPACITY: 70,000 MTONS MAX DIAMETER OF STEEL
      100 words
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      6 22 Dividends table has been held over
      6 words
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      43 23 When a business vHH HH|j wrecked Rl v W& r by Jflr I THE ODDS ARE p. WILL CEASE TO be a BUT because this Hp CHOSE FASTEST SMOKE DETECTION here HHI m HHRR MM hRHR HHRI IHHV HHH! HHH! IHB 292 8421
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      190 24 V* :;,:v p -i '•&&••i rryfr-i-jstj-** tikM -a i.i fan ii "ii ii v LONDON ROME f y.r». >.„~^ >r FRANKFURT ;i.; 'V :S^f'-. PARIS QANTAS TAKES A FRESH APPROACH TO EUROPE 24 TIMES A WEEK. When you fly Qantas to Europe, you'll the little extra thought we've put into
      190 words
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      1731 25 lllestpac Banking Corporation STATEMENT OF ACCOUNTS FOR YEAR ENDED 30 SEPTEMBER 1993 tl/estDac Banking Corporation Westpac Banking Corporation and its controlled entities (All figures quoted in Australian dollars) austrai ia Head Office Balance Sheets as at 30 September 1993 Audit Opinion 60 Martin Place Consolidated Bank Sydney. NSW 2000 (Chief
      1,731 words
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      525 27 BUSINESS TIMES TOLL-FREE TEL. No. 1-600-7*l-IM3 FAX:74I-1296 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290(2)(b) and IN THE MATTER OF COM-UNK PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach
      525 words
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      Page 27 Advertisements Column 2
      51 27 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. iSpir JUST CALL: 737-1166 Make the connection through The Straits Times Classified when you're jJk looking for if bargains or looking for W customers. Just give us rff a call
      51 words
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      104 31 Up to VO°/o Financing I m Easy approval 8c payment Js||jj I Km ft j I Wmg Scripless counters are also acceptable 'I'*M A CALL US NOW! Egl Ji ny TAT LEE FINANCE w -.^BMHPM^V Doing It Vbur Way iWI Head Office Tel: 223 9222 m. Setegie Branch Tel: 338
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      690 32 BUSINESS TIMES NOTICE I NOTICE IS HEREBY GIVEN that, I Loh Pang Ton of Blk 252, Hougang Ave 3, #06-344 Singapore 1953, have applied for a IST CLASS PUBLIC HOUSE Licence in respect of premises at M/s YAMAGAWA JAPANESE RESTAURANT PTE LTD at 298 Beach Road, #01-16 20, The Concourse,
      690 words
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      336 32 M THE MATTER OF THE COMPAMEB ACT. CHAPTER SO VICTORIA CO., (SINGAPORE) PTE. LTD. MEMBERS'VOLUNTARY UOUIOATKW At an Extraordinary General Meeting of the Company deemed to be held on 20 April 1994. the following resolutions were duly passed: 1. SPECIAL RESOLUTION WINDING-UP That the Company be wound up votuntanly pursuant
      336 words
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  • Shipping Times
    • Article
      Aussie watchdog urges review of laws protecting shipping cartels
      619 33  -  From Florence Chong in SYDNEY AN Australian price watchdog has called on the government to review legislation that protects shipping cartels. The Prices Surveillance Authority, a national body that monitors prices of goods and services, says shipping conferences are cartels protected
      619 words
    • Article
      Lock icon Greek seamen prepare to strike over tax increases
      187 33 Knight-Ridder LONDON Angry Greek seafarers are on the brink of a crippling strike which could bring nearly 3,000 vessels to an indefinite halt after the country's parliament voted last week to increase taxes, according to Lloyd's Intelligence on Monday. Union sources said
      Knight-Ridder  -  187 words
    • Article
      Lock icon US backs lifting of blockade on Aqaba
      363 33 AFP LONDON Washington would support ending the naval blockade of the Jordanian port of Aqaba, installing instead a land-based regime for checking the enforcement of UN sanctions against Iraq, the US Secretary of State said on Monday. Speaking shortly after a meeting with
      AFP  -  363 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1092 33 Page Col ABC Containcrlinc 16 4 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 Antaco Mgmt 17 1/2 APL 5 3-5 Appcnship 8 4/5 Arabian Express 15 3 •ASCL 5 5 Assist Marine 6 1 Avant Shpg
      1,092 words
    • Article, Illustration
      Hamburg expects to hit 100m tonne mark in 2000
      319 33  -  By Rahita Elias SINGAPORE The German port of Hamburg expects to handle 100 million tonnes of cargo in the year 2000 on the back of strong growth in both Asian and European shipments. Last year, it handled 66 million tonnes a
      319 words
    • Article
      Lock icon Atlantic Panamax timecharter rates soar
      348 33 Knight-Ridder LONDON Freight rates for Atlantie Panamax vessels were given a further boost on Monday with reports of a rate near U5513,850 (5521.600) daily paid for a trip to the Far East. The 64,592-deadweight-tonne, 1982-built Hal la Maritime relet Otterpool was said to have fixed
      Knight-Ridder  -  348 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        524 34 Veswt Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jlirong Port Cult Khalid 0694 P04 alongside 26 04 1830 totam Bahagia 04 03 94 J12 alongside 27 04 2300 Ibn Hayyan OC I8f P01 atoned* 2 04 0300 lieafcat 180 OUT 110 11 alongside
        524 words
      • Article
        CONTAINER SCHEDULES
        1468 34 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Ac* S*an 115A 27/1500 1A 26,1500 26/1659 26/1900 All* Victory 52A 28/0200 1A 26/1500 26' 1659 26/1900 IB 26/1500 26/1659 26/1900
        1,468 words
    • Article
      THE SHIPPING GUIDE
      9973 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      9,973 words
    • Article, Illustration
      Lock icon Rules for consortia spark off diverging views
      1319 50  -  Shippers and carriers do not see eye-to-eye on almost all of the proposed European Union regulations for consortia, reports Elizabeth Canna Elizabeth Canna American Shipper Displaying unusual evidence of like-mindedness, advocates for shippers and carriers in Brussels have told the European Commission it
      American Shipper  -  1,319 words
    • Article
      DAILY FREIGHTS
      1392 50 PANAMAXES continued to be in strong demand worldwide but more and more trade was being done on a private and confidential basis. as charterers attempted to lijnlt publicity of the higher rates being paid, brokers said on Monday. The Baltic Freight Index for spot dry cargo shipping rates
      1,392 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Boeing net down 10pc on soft commercial aircraft market
        676 52 Bloomberg Business News SEATTLE Boeing Co said first-quarter profit fell 10 per cent because of a soft commercial aircraft market, lower investment income and higher debt expense. The aircraft and aerospace company reported net income in the latest quarter of US$292
        Bloomberg Business News  -  676 words
      • Article
        UPS to buy planes costing US$600m
        307 52  -  By Rahita Elias SINGAPORE Air express major United Parcel Service (UPS) will spend more than US$6OO million (***** million) expanding its fleet this year. Altogether, 23 planes will be added under a programme that began in February with the purchase of six 727-110s. which
        307 words
      • Article
        Lock icon Japan's vehicle output falls 12pc
        167 52 AFP TOKYO Japanese motor vehicle production in the year to March fell 12 per cent from the previous year to 10.85 million units for a postwar record of the third straight yearly decline. The Japan Automobile Manufacturers' Association on Monday said the decline was the
        AFP  -  167 words
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        Lock icon Airbus' first quarter orders rise to 35
        368 52 Bloomberg Business News WASHING I ON Airbus Industrie said on Monday that it received orders for 35 planes in the first quarter, nearly triple the 13 orders in the same period a year earlier. The European plane maker expressed guarded optimism for stronger
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        Saab sales hit record in Asia-Pacific
        263 52  -  By Ramesh Divyanathan SINGAPORE Saab of Sweden recorded double-digit growth in Asia. Pacific and Middle East last year. Sales in these regions climbed 15 per cent to 8.350 cars, from 7.225 the previous year. Australia. Hongkong. Singapore. Taiwan and Thailand all posted record figures.
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          69 52 Bloomberg Business News GOTHENBURG. Sweden Volvo AB said on Monday it has sold its 43.8 per cent stake in Investment AB Cardo to Incentive AB for 3.7 billion Swedish kronor (SS73I million). As a result of the sale of its stake in the industrial
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          65 52 AFP ISLAMABAD The government has warned foreign airlines operating through Pakistan to watch out for illegal immigrants travelling into the country on forged documents. Newspapers said on Monday the interior ministry had told foreign airlines that companies failing to properly check the travel documents of immigrants
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          Lock icon TWA offers free upgrades to Europe
          78 52 Bloomberg Business News ST LOUIS Trans World Airlines Inc is offering between May 1 and Aug 31 free upgrades to first class for travellers who pay full fare for business class tickets to and from Europe. The upgrade in accommodation is available with no
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          Lock icon Human error caused Dutch air crash
          119 52 Reuter AMSTERDAM A plane crash at Amsterdam's Schiphol airport earlier this month in which three people died was caused by pilot error. Dutch television said on Monday. A Swedish-built Saab 3408. operated by KLM's Cityhopper service, went down in a field near Schiphol on
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          83 52 Bloomberg Business News HONOLULU Hawaiian Airlines said March revenue passenger miles, or the number of miles flown by paying passengers, rose to 236.5 million from 218.4 million a year ago. Available seat miles rose 5.1 per cent in March to 310.7 million from 295.6 million in
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        Lock icon Group to proceed with bid for America West
        250 52 Bloomberg Business News PHOENIX, Arizona An investment group led by Texas financier David Bonderman will continue with its USS24S million (*****.2 million) bid to buy America West Airlines, despite a bankruptcy judge's ruling last week that cast doubt on the transaction. The
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1421 52 City Fight ETA Fight ETP Ab« Dhabi 0K510 1900 OK511 2255 Adelaide SQ227 2030 Am nun RJ182 1445 RJI83 2230 Amsterdam KL837 1450 KL832 2300 GA895 1450 SQ324 2345 SQ323 1815 Auckland NZ21 1820 NZ22 1825 SQ288 2040 SQ285 2045 Bahrain GF149 0650 B Sari Begawan
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        Lock icon Toyota to pay US govt US$250,000 for recall failure
        429 52 Bloomberg Business News WASHINGTON Toyota Motor Co agreed to pay the US government a U*****,000 (*****.000) civil fine to settle claims that it failed to provide accurate and timely information about alleged fuel tank leaks in its 1981-89 Land Cruiser vehicles.
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      57 33 Drager SAFETY EQUIPMENT \V A (SOLAS APPROVED) S? PA9O MARINE 1 Specifically Designed Breathing Appaiatus For Maiitinie Applications HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORDAM t Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore OS 13 Tel: 773 2133 Fa*: 773 2033 Tlx: RS ***** DWSING Debate
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      37 33 Boeing's profit down lOpc, Back Page Lines and services represented Members el the Registry el Accredited JwShV SMnoinc Agents. Singapore National SMo- \'W&Mr& > ping Asseclatien. t I ,I■ 1 > for advertising enquiries, contact Shipping Times: > 7e/ 740-2089/740-2090
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      37 33 VISA FREIGHT SERVICES PTE LTD 1 /f" THE TOTAL TRANSPORTATION PEOPLE I "5 1800-*****66 HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. Singapore rri Business Times WE KNOW ASIA
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      464 34 TSKUNE AGENCIES (S) FIE. LTD. r I 1 V -ptTWI Tel: 226-3363 1 > J. #3»l\t JLLNJb 226-1972/3 \J2XZT~7~J w—• Tlx: RS *****/TSKSIN. I TOKYO SENPAKU KAISHA, LTD, R No: **********0N I I EXPORTS TO HONfiKtfte. MAMLA. TAIWAN JAPAN "TWICE WEEKLY" I If m in «*> now* mi m «w~I
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      1744 34 DUCT TO U»« Wt»T COAST I«CX-«yOM CAUOWWA BWimi I tOtWMBM^W^eCWIMMWm JOB spore la ow ycr ml houstmi mc w »xim «aa «n no stow dmwtta ww btmbul* momum* imF pt sab- bow latthua* wbm IST CALIFORNIA LUNA V 65 45 215 235 255 265 24 5 2*5 255 25 5
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      2505 35 r o —7 -r ?S CU 3 if 3 > 3 l ;i E F k; D 22^9 R i| INe SH,PP,N AGENC,ES J pt??^V^A N TIL A N 7I6 E 7?7!°F N AX 8M 0^*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) T f 1 CFS TEL *****6 BOOKINGS TEL: *****80
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      1455 35 ■Ull'.HiHM'L'H LAST SHIPS to leave Malaysia for USA prior to the rate increase... Ex. Port Klang Sea Laurel V.280S CY closing time: Saturday 30th April 1600 hrs Leerort V.9436 CY closing time: Wednesday 27th April 2359 hrs Ex. Penang Leerort V.9436 CY closing time: Thursday 28th April 2359 hrs Anda
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      1678 36 AQABA R DAM/ LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA LA SEINE 35/1 16 27/4 14/5 17/5 15/5 Poft Kelang, Penang HOECHST EXPRESS 14/316 30/4 9/5 16/5 18/5 21/5 23/5 25/5 Pasir Gudang DANUBE '3/117 4/5 21/5
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      644 36 EZ3ZHB AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi. islamqala (Ooqharun) C.1.5./RUSSIA: Vostochny, 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 OKR Ned Hongkong V 2124 03/5 13/6 Ned Africa V.2134 10/5 09/6 Bunga
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      1121 36 NOR ASIA I ———^——————ii——_——ii——--WEEKLY SERVICE WITH FIXED DAY SAILING 10 LA SPEZIA,FFO r BARCELONA VALENCIA FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH S PORE GENERAL AGENT NORASIA AGENCIES (S) PTE LTD ALSO ACCEPTMG LCL TO: r» Nn «,HnU 739M3 FAX: *****90 VENICE/TRIESTE/ANCONA/ALEXANDRIA/PORT TNMuSb SiSty!, agencies co
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      1933 37 K STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 KeppoJ Towers Singapore 0200 Tel: *****83 Fax: *****17 NEW guinea pacific line EiailliaafcSiAUMilßiAlftilllilil&MUiHßl fIPEB (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAILS STRAITS PROt VO6E Muni. lab. KK 26-27 A(x 27 Apt 29 Apr FCL, LCL CONTAINER ANO BREAK
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      3269 37 SINGAPORE AGENT: PfiiA p& Container# (Singapore Agencies) P«e Ltd W B 11(1 W 11 1 I 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 i Tet: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number **********0Z EXPORT IMPORT VESSEL WO* -PMC PKG SIN SOU ANT HOT
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      8 37 HO CHI MINH TEL: *****26 FAX: *****27 LENNON
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      36 37 VESSEL ETA ETC DESTINATION SONG OA 02 IN POUT 20/04 ■UTTERWOIITH.F ANOCHENO SONG TIEN 02 01/05 04/06 HO CHI WNH SUBJECT TO INDUCEMENTS VIETHONG SHIPPING PTE LTD TEL: 225 1511 FAX: 225 0833 TLX: R*****1 VIETHK
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      646 38 SflK EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 I SALES REPRESENTATIVES IN CHARGE I l HO CHI MINH CITY PAQfcW M—MB HENRY HOC lUBM4 727M2t/»34HM KELVIN CHAW 218H22 mahoj U iMira TO VIETNAM/HC MC CONTAINER-FEEDER BERVICB (&[iMi^Eaig? aa> CENTER-POINT \m LINES W Esstl 101 Ull STWt DOT CT»
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      Page 38 Advertisements Column 2
      1891 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FM WL SM |LME HAUL SEA YVR Po* FDD «l SM |UK HAU. SA» lIM NYC HANJM StATUE 03* 30 4 MHCt 19/5 20/5 21/5 HANI* SEATTLE 033E 30 4 M PROGRESS 032£ 2/« 3/« 5/6
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      Page 38 Advertisements Column 3
      1360 38 Iru ssr use mc uc rus wi o» kt sw no im chs bai mc um mm m nr «s ra cm rn %p GMK REMO 29/4 3 5 S/i t'S 9/5 10 5 115 12 5 13.5 14/5 BS 7 6 9 6 10 6 20 6 21 i
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      2512 39 H > II PLEASE CALL HI H yZ II NEPTUNELINK (1800 *****00 TOLL-FREE) H II FOR THE FOLLOWING INFORMATION: U ZSBS M VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ H 1 U FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ M AVAILABILITY OF DOCUMENTS FOR COLLECTION *RI Connecting California Jupiter Voy 721 In HN6 30/04/94 EXPORT
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      Page 39 Advertisements Column 2
      1267 39 I A I MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64. *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MAR,NE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
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      1561 40 KU v AS AGENTS "K" UNI {SINGAPORE) PTE LTD (CR NO: **********0 M GST REG NO M 2 *****99 6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/0/9 I W MALAYSIA K" LINE MARITIME (MALAYSIA) SON RKO M TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA
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      Page 40 Advertisements Column 2
      746 40 ©APPENSHIP /2\. HAMBURG \T\J ,i CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADMG PORTS OtSCHARGf LOAONG FOR I SUMMER HAM 20/03 SPORE 27/04. BKK PAKHOM MAKARENKO HAM 10/04 SPORE 21/05 ECUADOR HAM 27/04 SPORE 02/06 KOALA CONTAINER LINE STORE FIX HAM RTM LEH BARBAROSSA
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      380 40 GOLDEN LINE r Vh<JV GUAN GUAN SHPPMG ESoA < PTE > LTO V 23. M Ayv S<rnt 3NGAPOK 01M TU 5343*1 (II LOES) Fn *****04 B». **********0*) OTRAIT6/PEH6IAH OULF lUVKI Spore P Kelang Penang GOUXN STM Onto* tU«rt 110 Hit GOUXN KM Dub* ftuaait 24/26 Mar CHIHA jgra GOUXN NOMKR
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      985 41 PACIFIC INTERNATIONAL LINES (PTE) LTD] I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO: **********0E KiahIAIIIIaI VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN EQUATOR EMERALD 48N 39/4 1/5 5/5 mI V\ S!\ EQUATOR CRYCTAI My mi A t/K BUNQA TERATAI 4683 3/5 6/5 10/5
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      Page 41 Advertisements Column 2
      1008 41 «SStIS VOY SIN II HAVRE HAMBURG IH AMIS RO IK ROAM ANIWCRP HANSA CARRKR RO3W 02/05 23/05 25/05 26 05 27/05 29/05 VM.lt I* CARINA CO3W 07/05 29/05 31/05 01/06 02/0« 04/06 VH.ll 01 SAGItIA SO3W 10/05 01/06 03/06 04/06 05 06 07/06 vmt P AQOHA AO3W 10/06 12/06 13/06
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      Page 41 Advertisements Column 3
      873 41 1 BSA n. bbikb^^ tail MYANMA wBBk five star line (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIj Pen P.Gdc MA NO AL AY V44W SID In PI MAWLAMYINE V64W M PT MERGU) Vl23* 02/04 MAY PAGAN V2O9W 30/02 hU r HPA AN V2O2W 05/07 May MALAYSIA AGENTS BOUSTEAO
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      1110 44 ),}]!`}=/\+_<,\?'>+-@>`@=.)@*`` ZIPICROATIA LINE^\ I K-ga (EX JUGOUNIJA) I VESSEL STORE PK PNG LOODWG FOfi LOSINJ 09 MAY 11 MAY Alexandria. Beirut. Istanbul. Trieste. Koper, Lattakia. Limassol. Mersin. P Said, Ri|eka. Venice SLOVEMJA 25 MAY 28 MAY -do General Agents: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala Lumpur Port Kelatif Penang
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      177 44 /jjNOBBUUKV I NORBULK CARGO SERVICES LTD. I; I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES MMGRO 28/4 30/4 FLU/ANT/UK I ADAMASTOS 3/5 Sailed FLU/ANT/NAN/UK I I NORBULK TBN 28/4 DBN/EL I ALSO LOADS TG MANI ANO KK PK SWK/SABAH LOADING FOR NORBULK NAMRt 2/5 XIAMEN/SHANGHAI SUBJECT TO CHANGE WITH/
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      678 45 (i£. FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 T&r HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 01/5 ROTTERDAM 02/5 AARHUS/COPENHAGEN 01/5 HAMBURG/BREMEN 01/5 MARSEILLE/FRANCE 03/5 FELIXSTOWE/UK 01/5 BARCELONA/SPAIN 02/5 LEHAVRE/FRANCE 02/5 GENOA/ITALY 02/5 ANTWERP/BELGIUM 02/5 LOS ANGELES/WC/IPI 01/5 SYDNEY/MELBOURNE 20/4 NEW YORK/EC 01/5 FREMANTLE/ADELAIDE 29/4 Vancouver 29/4
      678 words
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      Page 45 Advertisements Column 2
      1069 45 1 IM^MBESESE—— W a =£1 g VESSEL VOY UN PEN BHU 1 DEJA BHUM 4569 Fri a/4 Sal I 30/4 m_ SH BKK BHATWA BHUM 27? Sat_ _30/4_ _Ty_ _3/5_ T HANA BHUM Fn~ 2S/4 Sun 1/5 K WM 207N Wad 27/4 Sat 30/4 WANA BHUM 22SS Ty 3/S Sat
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      Page 45 Advertisements Column 3
      261 45 NATIONAL EXPRESS FORWARDERS (S) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL: *****86 (6 LINES) FAX: *****56 WEEKLY CHINA CONSOLIDATION 881 ZHANGJIANG XIAMEN SHEKOU HUANGPU GUANGZHOU HAIKOU FUZHOU XINGANG SHANGHAI FUZHOU DALIAN SHANTOU AND ALL OTHER MAJOR COASTAL/INLAND DESTINATIONS VIA HONG KONG BARCELONA/MARSEILLE/GENOA SAILING EVERY 10
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      496 45 pi DONGNAMA LINE COMTAMBVSED SERVICE tftIAITS/SLW/MC/tSM kssi K M n bsh MC MCUM mm 21/4 JO/4 1/5 J/5 13/5 11/5 TUSBU V4OSN 5/5 7/5 1/5 20/5 11/5 SMKMC RMO NOSH 11/5 15/5 14/5 12/5 27/5 25/5 HONGKONG GLORY 14/5 20/5 11/5 1/C 30/5 WOUND THE ASIA SERVICE KSSI MP Ml
      496 words
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      1711 46 ■UkflMN CONTAINER LINES, INC Ag«nt«: MAC-NELB BPORE: *****22 (24 LINEB) w\/ > c/R Not **********0 C SIBU (084) *****9 KUCHINQ (082) *****3 PENANG: (04) *****8 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I HKG/TWN/BKK I GENOfI/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN
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      206 46 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD (II ll* EM SfOW POM KIIMK PtNANG BIUI MIX IS Loading tor Male RUVM HUM) 2/S bschjiging jrd loading toi Bombay DOIPHN 2/5 n loading foe Mate homer sunttw i s loading foi Male UMCIDH 6/4 loading Foi Mate PROGRESS IBERIV 10,S
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      1157 46 0 THONG SOON UNES PTE LTD 1 I /\T/\ 78 SHENTON WAY #10-01. SINGAPORE 0207 -1: I \y \y TEL: 227-5088 FAX: 227-6011 -I I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VPT~" S'POIE PEST VESSEL |VQY I SPOKE IDEST EQUATOR 111 120/4E
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      657 47 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE «MG BttAXBUK SOC CARGOfS TO/FROM KOBE. YOKOHAMA. NAGOYA, OKYO*. MANIA* OAVAO*. Penanj* P. Kelang Smjapofe E'Msia* KAMALEVERETT V2OE 28/29 Apr 01/02 May SHAPIAEVERETT V2o€ 02/03 May 04/05 May KARABIEVERETT VI7E 25/26 May ACCEPTING BMAKOUK FCI/SOC CARGOES TO FROM CHIITAGOMG. CALCUTTA |lID MONGIA* Skifapore
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      249 47 IfrL 6LOBV MAVHiATHffI CROIIP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 26/4 28/4 4/5 13/5 GLORY SELATAN VIII 18/5 20/5 26/5 SP PKL HCM HK KAO GLORY SELATAN VI 15/5 ACCEPTING HEAVY
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      468 47 EGYPTIAN NAVIGATION V COMPANY ALEXANDRIA (EGYPTIAN GOVERNMENT LINE) EAST MEP/BtD iO COWWHTIOWL StfiVICE *SSU»T SrOK 10A0MG FOR: pachc Tuan is, s pi suz ri mo aui WSO «CCIfl IASt MMUMAMAN POAIS ON WUCtWNT jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VESSEL W> I SW I KARACHI MAKRAN
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      636 47 itomma FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS VI HE/98 11 /OS 24 OS 25, OS 27/05 12/06 SHUN HE/103 26/05 09/06 10/06 12/06 27/Ofi TAO HE/84 11/06 24/06 25/06 27/06 12/07 JIAN HE/84 26/06 09/07 10/07 12/07 27/07 HUIHE/106 11/07
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      347 47 SHI FIR EAST 1/05 KEELUNG/KAOHSIUNG 30/04 BANGKOK 1/05 MANILA/CEBU 1/05 JAKARTA/BELAWAN/SURABAYA 1/05 PORT KELANG/PENANG/E. MALAYSIA 1/05 BUSAN 1/05 TOKYO/YOKO/KOBE/NGO/OSA 1/05 HONG KONG S!N CHINA 1/05 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 3/05 LDN/FLX/LVP/SOU 3/05 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. S|N MSA/CANADA 1/05 LOS ANGELES/NEW
      347 words
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      837 48 PHI LI Oli If NT LIN€S PT€ LTD V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0HJ^ (S3 A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 1 MAY SYDNEY, MELBOURNE.
      837 words
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      376 48 y Conrerm W CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 30 APRIL (Accepting to ali New Zealand porta) PENANG 29 APR JAKARTA 01 MAY PORT KLANG 06 MAY 6AN6KOK 01 MAY MANILA 01 MAY SURARAYA 03 MAY MELBOURNE 01 MAY SYDNEY 01 MAY FREMANTLE 30 APR BRISBANE 01 MAY ADELAIDE 30
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      Page 48 Advertisements Column 3
      374 48 This Week's Sailings 7 11 first forwarder in l«: LID I o: ETD asia aw ardfd Singapore Singapore ,so 9002 L*O A EVERY EVERY Bangkok SI N Jakarta SI N every every Manila Sl'N Ho Chi Minh FRI I (Pi i I I EVERY EVERY wOtf/LjssJ Colombo TL'E Limassol THL'R
      374 words
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      Page 48 Advertisements Column 4
      23 48 Calling: I FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SJL GW CMT Liner Express Agencies Pte Ltd Hot Line: 22-007-22 j
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      1654 49 iSEAMA^RGENTIN^IN^^^n CONTAINERISED "HUB" SERVICE I DIRECT TO ARGENTINA/BRAZIL URUGUAY V BASE PORTS VIA BUENOS AIRES VIA SANTOS VESSELS VOY SPORE B.AIRES SANTOS USNUAIA M'VIDEO ASUNCION R.DE JANEIRO PARANA QUA GREAT UNIVERSE OIW 09/05 06/06 09/06 08/06 09/06 12/06 13/06 DESTINO* OIW 07/06 02/07 13/07 07/07 04/07 05/07 16/07 17/07 or
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      Page 49 Advertisements Column 2
      357 49 CEYLON SHIPPING CORPN fs2|) National Line of Sri Lanka CONTAINERISED SIR\ Kt 10 I k \ND NORTH CONTINENTAL PORTS KSgj DOT S» CBO HAM H»l Mil IHM«S IHV NOMSM PWICtSS Mlt 3 27 04 0 3 05 Btttfl 417W (ft OS H (ft H0»«M HtMUWm WII 3 1106 It (ft
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      563 49 12 CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOLND SCHEDULE N0.34 VESSELS VOT M°* T E*"OEO JAKARTA SINGAPORE HONG KONG KAOOSHMMA NAGOYA YOKOHAMA KRUPSKAYA EBOS SAILED SAILED SAILED SAILED SAILED 24/04 2S 30/04 ~7 t»o< SAILED SAILED SAILED 27/04 02 OS Z 06 09 OS 10-11/06 PAVLOGRAD EBIO 28 03 07/04 SAILED 20
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      Page 50 Advertisements Column 1
      483 50 VESSEL VOYAGE SINGAPORE MANILA VIGOUR LUZON 9418N 29/04 (FRI) 07/05 (SAT) VIGOUR PACIFIC 94HAW 03/05 (TUE) 07/05 (SAT) VIGOUR ATLANTIC 9418N 06/05 (FRI) 11/05 (WED) T OPTIMA 9401N 10/05 (TUE) 14/05 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE 1 GENERAL SANTOS DAVAO CEBU KRUSCHNA 9401E 29/04 (FRI) 05/05
      483 words
  • Page 50 Miscellaneous
    • Miscellaneous
      Page 50 Miscellaneous Column 1
      696 50 TODAY'S TIDES, (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 32 2.9 24 16 1.0 05 02 02 04 09 1.7 2.5 2.8 2.9 2.7 2.1 1.5 1.1 0.8
      696 words
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  • Page 51 Advertisements
    • Advertisement
      Page 51 Advertisements Column 1
      857 51 MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PM* PKE* PGP' VESSELS VOY SIN RTM ANT* LEH* HAM BRE| FEI 27/04 29/04 30/04 SI FREEDOM 310W 02/05 20/05 21/05 23/05 21/05 21/05 24/05 04/05 06/05 07/05 H COMMANDER 309*1 09/05 27/05 28/05 30/05 28/05 28/05 31/05 11/05 13/05 14/05
      857 words
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      Page 51 Advertisements Column 2
      565 51 I STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO t HEAVY LIFTS I IHBOUMD VESSELS I VESSEL v 5» SR n IK HI ROtfSNUN V 39 31 4 IS IS MASS SEW NACOVA V9l SLO 21 4 KIMZAN MAM »3 7 5 9 5 I OUTBOUND VESSELS I LOADING FOR
      565 words
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      Page 51 Advertisements Column 3
      927 51 JEDDAH/UK/CONTINENT 1 ISPORE to SIOM HBURG ROM) UH Aho Acceptor Cj.ro For HOCWI fxmsS 14'Jlt 39/4 5/5 10/5 21/5 23,5 25, 5 Southimptor to HUK drstrotion Belfast and DuMn STUMGMT IXPUfSS 01/117 J* it c !i,J ~,/t J ot, ,d n to Antwfrp, Amstefdim Oslo Ma* UM M/11l 11 c
      927 words
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