The Business Times, 3 May 1994

Microfilm: NL19380
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times MITA(P) 010/12/93 Tuesday May 3 1994 WE KNOW ASIA 75*
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 17.2 points
      46 1 Reuter NEW YORK Blue-chip stocks moved into the plus column yesterday, buoyed by gains in drug company stocks, but sentiment was nervous because of rising interest rates. The Dow Jones industrial average was up 17.25 points at 3,698.94 at 2pm EDT.
      Reuter  -  46 words
    • Article
      Lock icon Clinton meets Chinese Vice-Premier
      62 1 AFP WASHINGTON President Bill Clinton yesterday met China's Vice-Premier Zou Jiahua, the White House said, but it gave no details on the unscheduled talks. The meeting comes nearly a month before Mr Clinton must decide whether to renew most favoured nation (MFN) trade status for China,
      AFP  -  62 words
  • Article
    MARKET SUMMARY
    134 1 Stock market indices Monday Change STII closed KLSE Comp closed Nikkei 19,570.21 -155.04 Hang Seng 8,799.70 -166.37 SET Index closed Jakarta Comp 461.81 -0.59 CLSA China B closed Aust All Ord 2,047.9 -18.2 FTSE 100 closed Monday Previous 2pm close Dow Jones 3,698.94 3,681.69 Average of prime or
    134 words
  • Article
    Economists raise forecasts for Singapore's Ist quarter growth
    801 1  -  By Anna Teo SINGAPORE Economists have raised their gross domestic product forecasts for the first quarter on the back of strong trade and financial figures. Most of the projections are now in the 9 to 10 per cent range, up from 7.5
    801 words
  • Article
    US, Japan headed for confrontation as Asian Development Bank meeting opens
    489 1  -  From S N Vasuki in NICE TROUBLE is brewing as the United States and Japan head for confrontation at the 27th annual meeting of the Asian Development Bank which opens in this idyllic French resort town today. Though the
    489 words
  • Article
    Lock icon Greenback slips to 8 1/2 month low against yen in Tokyo trade
    634 1 AFP Reuter Bloomberg Business News Knight-Ridder TOKYO The US dollar fell in Tokyo yesterday to close at 101.80 yen, down 0.58 yen from the previous session's finish of 102.38 yen, after the Bank of Japan stepped in to
    AFP; Reuter; Bloomberg Business News; Knight-Ridder  -  634 words
  • Article, Illustration
    Lock icon De Klerk concedes victory to Mandela and ANC
    309 1 AP AFP Reuter PRETORIA South Africa's last white president FW De Klerk conceded victory to Nelson Mandela and his African National Congress yesterday in the country's historic first allrace elections. "There can be no doubt that the ANC nationally got the most
    AP; AFP; Reuter  -  309 words
  • Article
    Lock icon Collectors cash in as Bank of China issues HK bank notes with faulty codes
    341 1 Eastern Express BEIJING China provided proof yesterday of its intention to boost the territory's economy by issuing Hongkong bank notes worth considerably more than their face value. The Bank of China says that "a small number"
    Eastern Express  -  341 words
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      108 1 Wm The WwkfiSmalest 35mm Auto WF 1 Focus Zoom Camera A-' J Nikon I ZGPM3GDQD CONTENTS N«ws ComoanlM S port News 2 Spore*sa .....10.11 Regional Mews 3.4.6 Financial 12 World News 5.9 Features J"** 1 Analysis 21 Re ooa Editorial 20 Work! 13 Sports 15 Currencies 12 TV/Lifesty»e 12 Smei/Commo
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      8 1 Property: Pg is Omni Hotels eyes Marina area
      8 words
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      13 1 Hock Lock Siew: p g 10 Video-on-demand demands attention French govt enthusiastic, PgB
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      52 1 The Bottom Line: Pg 22End the cult of {he consumer 1 ™jf il I I I "j I I H Tsqs Industrial II Factories Inventory Bins Shelves Bar-codes Jfc Stores fordurabißtypjfig PT-8000 brother. BBM BUSINCSS SVSTCMS (S) PTC LTD ©743-sooo •02 08 Great Pacific Warehouse. 7 Kaki Bukit Road 2,
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      18 1 fThe Woricfs Smallest 35mm Auto 1 Focus Zoom Camera Nikon ZQDIW3CSDQD Editorial: Mandela's real problems begin, Pg 20
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Growth in non-oil shipments slows
        302 2  -  By Rahita Elias THE port of Singapore buzzed with aetivity at the start of 1994. Non-oil shipments through the sea gateway continued to grow, rising 9 per cent to almost 25 million tonnes in the first two months. However, even this growth was not as
        Source: PSA  -  302 words
    • NEWS ROUNDUP
      • Article
        Defence chief to visit Sweden, Turkey
        49 2 THE Chief of Defence Force. Major-General Ng Jui Ping, left Singapore yester ay for a 10-day official visit to Sweden and Turkey. The trip is aimed at improving defence relations and exploring new areas for military cooperation between Singapore and the two countries.
        49 words
      • Article
        Prices at NTUC Fair Price up 0.4pc
        52 2 PRICES of household items sold at NTUC Fair Price increased by about 0.4 per cent in the period from one month before the introduction of the Goods and Services Tax to one month after, a survey conducted by the Consumers Association of Singapore
        52 words
      • Article
        No more reproduction of the Review
        69 2 (COPIES of the Far Eastern Economic Review will no longer be reproduced in Singapore following the government's decision to £ftow the sale of 2.000 copies of the magazine here beginning May 1. The Singapore Manual Mercantile Workers? Union began to reproduce the magazine, without
        69 words
      • Article
        Sisir invites comment on draft code
        60 2 THE Singapore Institute of Standards and Industrial Research (Sisir) has invited public comment on a draft code for the safe use of tower cranes, as well as draft specifications for portable fire (Extinguishers, certain optics and optical instruments for contact tenses. waterproofing membranes for
        60 words
    • Article, Illustration
      Financial firms snap up office space for bigger trading floors
      539 2  -  By Joyce Quek FINANCIAL institutions are jostling to find space for trading floors which have greatly expanded in the last 12 months. Property sources say the demand is such that leases for the 800.0(H) sq ft Republic Plaza, which will
      539 words
    • Article
      Andersen Consulting Asia Pac profit rises 24pc to US$ 259m
      268 2  -  By Ven Sreenivasan BUOYANT economic growth and a rising number of systems and business integration projects boosted Andersen Consuiting's Asia Pacific net earnings 24 USS2S9 millio#4MHPViflillion) in But multinational says anaemic global economic conditions and the strong US dollar kept
      268 words
    • Article
      Asian leaders, business bigwigs to meet next month
      394 2  -  By Yang Razali Kassim SLNIOR executives heading international business will meet kev Asian leaders next month to assess the impact of Asean. Vietnam and China on world business. They will gather for a three-day international corporate conference here from Mav 1 7
      394 words
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      460 2 STRAIGHT TALK r yotl£t)P%[ t»- f|HV*~* if""* |p'. You snouldn't between the lirtes to get the fulfpicture, Companies Markets. Everyday. *5 rm Busmesslimes i■ ■E XX. X ■■■L*iL L Y £jg&& W W I 1 hA U I L 1 U m M KJ *3 VI 3 m F >JjW
      460 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon M'sia to step up economic ties with S Africa after elections
      505 3 Bernama AFP HARARE Malaysia will step up trade and eeonomie cooperation with South Africa and also make investments to help that country develop and progress after the all-race elections and the installing of a democratic government. Prime Minister Mahathir
      Bernama; AFP  -  505 words
    • Article, Illustration
      Lock icon War veteran backs reforms in Vietnam
      377 3 AFP HANOI The man who won the battle of Dien Bien Phu. Gen Vo Nguyen Giap. yesterday used his historical influence to come out in support of Vietnam's economic reforms, including the conversion to a market economy, At a rare press conference in Hanoi,
      AFP  -  377 words
    • Article
      Asean-Aussie forum to explore closer trade ties
      248 3 SINGAPORE A two-day forum aimed at enhancing economic cooperation between the Asean countries and Australia begins in Canberra today. The meeting of some 1(H) senior government officials and business representatives from Asean and Australia marks the launch of Phase 3 of the Asean
      248 words
    • Article
      Lock icon Indonesia raises discount rates to defend rupiah against US dollar
      423 3 Reuter JAKARTA Indonesia's central bank yesterday raised discount rates in a surprise move, which foreign exchange dealers said was a determined bid to defend the rupiah's value against the US dollar. "The discount rate increase and recent central bank intervention
      Reuter  -  423 words
    • ASIA NOTES
      • Article
        Lock icon Japanese semiconductor imports rise
        117 3 Bloomberg Business News lOKYO Japanese Ministry of Finance statistics show that imports of foreign semiconductors rose 50 per cent to 99.7 million units in the first quarter of 1994 from the first quarter of 1993. Xikkci English Sews reported. The dramatic rise in semiconductor imports is
        Bloomberg Business News  -  117 words
      • Article, Illustration
        Lock icon Critical food shortage in Laos
        51 3 Reuter LAOS Laotian hill tribe women wait for emergency rice rations in a remote village in the southern province of Salavane. Laos is facing a critical food shortage after the worst drought in memory which is also jeoparding goverment plans for developing the impoverished country.
        Reuter  -  51 words
      • Article
        Lock icon Thais invest US$ 17.68m abroad
        63 3 AFP BANGKOK Thai companies have invested USS 17.68 million (5527.4 million) in overseas projects, with more than one third of that money going into Chinese ventures, a news report said on Saturday. Thai firms have invested a total of USS6.2I million in 12 projects in
        AFP  -  63 words
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      108 3 We invest in gas because nothing will replace electricity. Our grand-parents used gas for lighting homes and streets: now natural this complex industry and today holds a world-class position. Natural gas has gas is becoming the preferred feedstock to generate electricity. TOTAL is both therefore become a strategic focus for
      108 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon HK firms to develop Guangzhou site in HK$ 5b deal
      377 4 Bloomberg Business News HONGKONG A group of Hongkong companies said yesterday that it plans to develop a larg»* area of the new eity centre in Guangzhou, capital of southern China's Guangdong province, in a HK.SS billion (SSI billion) transaction. The
      Bloomberg Business News  -  377 words
    • Article, Illustration
      Lock icon Taiwan MPs oppose voting change
      47 4 Reuter opposition deputies unfurling protest banners against a proposal to amend the constitution and give overseas Chinese the right to vote for the island's president, while President Lee Teng Hui addresses the opening of a National Assembly session in Taipei yesterday. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Chinese textile industry hit by slump
      214 4 AFP BEIJING China's textile industry is facing a slump with production dropping and more businesses going into the red. according to the China Daily. The value of production rose in the first quarter of the year by 5.14 per cent to 60.68 billion yuan
      AFP  -  214 words
    • CHINA WATCH
      • Article
        Lock icon Taiwan, China need one another: agency
        119 4 AFP TAIPEI Taiwan's official Council for Economic Planning and Development (CEPD) said Taiwan and China have become indispensable to each other's economies as Taipei reduces its export reliance on the US and turns more to the mainland as a base for production. The agency
        AFP  -  119 words
      • Article
        Lock icon Dalai Lama backs MFN status for China
        88 4 NYT BERLIN The Dalai Lama, for years a sharp critic of Chinese policies, said on Sunday that a decision by the US to extend China's current trade status could help the cause of human rights. Speaking at a news conference at the end
        NYT  -  88 words
      • Article
        Lock icon China-Russia trade zone taking shape
        94 4 Reuter BEIJING A free trade zone straddling the border between China and Russia is taking shape in Manzhouli. on the eastern border of Hcilongjiang province, and its neighbouring Russian city, the Farmers Daily said yesterday. The zone has an area of 11.8 sq km and
        Reuter  -  94 words
      • Article
        Lock icon HK money supply up O.lpc
        57 4 Bloomberg Business News HONGKONG The supply of money in Hongkong's banking system rose 0.1 per cent in March following a 7.4 per cent decline in February, according to government figures published last Saturday. Money deposited with authorised banks rose 0.1 per cent in March after
        Bloomberg Business News  -  57 words
    • Article
      China expects import of rolled steel to fall to 18m tonnes this year
      426 4  -  By Schutz Lee SINGAPORE China, which looks set to repeat its double-digit growth this year, will need to import more than 18 million tonnes of rolled steel, said the State Information Centre. This is about 40 per
      426 words
    • Article
      Lock icon Hopewell close to deal on mini-city within Shenzhen
      367 4 Condos pitched at prices to attract HK commuters Eastern Express HONGKONG Hopewell Holdings is to begin construction of a mini-city in the southern Chinese city of Shenzhen before the end of this year. Hopewell chairman Gordon Wu said on Saturda> the group
      Eastern Express  -  367 words
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      117 4 SOLE AGENT: Regal Nice International Pte Ltd 435 Orchard Road No 12-02 Wisma Atria Singapore 0923 Tel: 732 3722 Fax: 733 5888 Available Exclusively At Cortina Watch Centre Pte Ltd Lucky Plaza 235 0271 Cortina Watch Centre Pte Ltd Raffles City Shopping Centre 339 9185 Jewels Defred Timepiece Pte Ltd
      117 words
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      451 4 t REPUBLIC NEW YORK CORPORATION SAFRA REPUBLIC HOLDINGS S.A. 7! Consolidated Statements of Condition and Summaries of Result* These statements and summaries represent the consolidated accounts of Republic New York Corporation and its wholly owned subsidiaries and of Safra Republic Holdings S.A. and its whally owned subsidiaries. Republic New York
      451 words
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      247 5 RELUCTANTLY, WE ADMIT, THAT WE'RE NOT NO.I IN EVERY MARKET. JUST IN THE WORLD. Nothing is more convincing than success. Our sales figures speak for themselves. Over the A fact that's becoming increasingly evident in the last 2 years, we increased our sales by 46% in the booming economies of
      247 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Japan's trade ministry rebuts US claims of unfair trading
      568 6 NYT TOKYO The Clinton administration's decision last week to give the new government of Prime Minister Tsutomu Hata time to get settled before applying pressure on trade issues has been received in Japan with a palpable sense of relief. But if
      NYT; Reuter  -  568 words
    • Article
      Lock icon Bentsen presses Tokyo on trade reforms
      481 6 AP Reuter WASHINGTON Despite Japan's unsettled political situation, the Clinton administration is insisting on internal changes to help pry open Japanese markets, US Treasury Secretary Lloyd Bentsen says. Japan is groping for political stability following the sudden resignation of reformminded Prime Minister Morihiro Hosokawa
      AP; Reuter  -  481 words
    • Article
      Lock icon Second mobile phone group set up in S Korea
      245 6 Reuter SEOUL South Korea's second mobile telephone consortium was formally incorporated as Shinsegi Mobile Telecom Co Ltd with a paid-in capital of 5.8 billion won (SSI 1.1 million), a Shinsegi spokesman said. Two major shareholders of the consortium Pohang Iron and
      Reuter  -  245 words
    • Article
      Lock icon India rejects US calls to curb nuclear arms build-up
      182 6 AFP NEW DELHI India will not succumb to US pressure and cap its nuclear or missile capability, a minister declared yesterday ahead of Prime Minister P V Narasimha Rao's visit to Washington. "India will not make any compromise under pressure," Parliamentary
      AFP  -  182 words
    • Article
      Lock icon Scant Japanese demand seen for US Treasury refunding
      493 6 Reuter TOKYO An ailing dollar and a shaky US Treasury market will keep Japanese investors at bay at the US Treasury's upcoming quarterly refunding, senior traders and fund managers said. Major Japanese investors say they are interested in getting a taste of
      Reuter  -  493 words
    • Article
      Lock icon Economists revise projected growth for S Korea upwards
      367 6 Reuter SEOUL South Korea's economists, hailing faster-than-expected economic recovery, have revised upwards their earlier growth projections for 1994 and say the pace will not slacken for at least another year. The state-funded Korea Development Institute (KDI) recently revised its projection for gross
      Reuter  -  367 words
    • Article
      Lock icon Aussie govt to forecast 4.5 pc growth: paper
      189 6 Reuter CANBERRA The Australian government will use a gross domestic product growth forecast of 4.5 per cent in its 1994/95 budget to be released on May 10. The Australian newspaper said yesterday. "The government is believed to have decided to base the
      Reuter  -  189 words
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      802 6 An efficient and well-established auto servicing/repair centre located in the east of Singapore, is only 15 minutes away from CBD. Residents in Katong, Siglap, Bedok, Tampines and Changi have long since experience the convenience of CAR SERVICING BY PHONE. The overwhelming demand from EXECUTIVE CLASS customers have compelled the need
      802 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Beijing's high rents look set to escalate further
      783 7 BEIJING Beijing's feverish real estate market has pushed the Chinese capital into fifth place in the rankings of the world's most expensive cities. China's official media proudly trumpets this as a new indicator of economic prosperity. For foreign companies, especially the nearly
      783 words
    • Article
      Tips on how to pick a good property
      589 7 BEIJING Lateral thinking is required for firms set on plunging into the Beijing property cauldron. Most companies would also add that plenty of money is the other requirement but there is some room to move on pricing, provided one can get ahead
      589 words
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      10 7 Be part of the good life. Lifestyle. Everyday. Business Times
      10 words
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      637 7 These arlules are reprinted Jrom Elite April Iff issue oj Business C ftina. a fortnightly management report by The Economist Intelligence i nil (Asia) Ltd "The Crest Of r A New Wave Of .Investment. A Av KMaßiwiayiiyM plan the best investment opportunities with the assurance of guaranteed UOB Life Link
      637 words
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  • THE WORLD
    • Article
      Lock icon EU monetary panel to study updated economic guidelines
      350 8 Reuter BRUSSELS The European Union's Monetary Committee, which will meet in Corfu at the end of next week, will focus on an updated draft of the macroeconomic policy guidelines, monetary sources said. The original guidelines underwent thorough rewriting by the committee and
      Reuter  -  350 words
    • Article
      French govt enthusiastic over ADB meet
      409 8  -  From S N Vasuki in NICE, France IF NICE, the fabulous capital of the Cote D'Azur. is an unlikely location for the annual meeting of the Asian Development Bank, an even more improbable development is the enthusiastic participation of the French government in organising
      409 words
    • WORLD WATCH
      • Article
        Lock icon Colombia declares state of emergency
        72 8 Reuter BOGOTA Colombian President Cesar Gaviria has declared a state of emergency to prevent the release of about 1,000 imprisoned guerillas, drug traffickers and other dangerous criminals whose cases have not been resolved within the legal time limit, the RCN radio network reported on Sunday.
        Reuter  -  72 words
      • Article
        Lock icon Kuwait official got kickbacks: report
        77 8 AP KUWAIT A former official pocketed more than USS7 million (SSIO.B million) in illegal kickbacks on purchases for the state-run Kuwaiti Oil Tanker Company, according to an audit report published yesterday. It said KOTC director Abdul Fatah A 1 Bader received USS7.2 million for the
        AP  -  77 words
      • Article
        Lock icon Russia's trade surplus surges
        59 8 Bloomberg Business News LONDON Russia's first-quarter trade surplus surged to USSS.I3 billion from U553.44 billion a year earlier, but according to revised data the 1993 surplus totalled USS 10.75 billion compared with earlier reports of between USS 15 billion and USS 16 billion, the Hall Street
        Bloomberg Business News  -  59 words
      • Article
        Lock icon Menem unveils economic measures
        73 8 Bloomberg Business News BUENOS AIRES With an eye on next year's election, Argentine President Carlos Menem announced on Sunday measures to create jobs and help develop the economies of the country's poorest regions. In his traditional May Day speech to Congress. Mr Menem promised to allocate
        Bloomberg Business News  -  73 words
    • Article, Illustration
      Lock icon Front-runner for Brazil presidency plans to lead way into socialism
      241 8 Reuter BRASILIA Brazilian front-runner Luiz Inacio "Lula" Da Silva received his party's presidential nomination on Sunday and got ready to buck a worldwide trend and move Latin America's biggest country to the Left. Jeans-clad Workers Party delegates nominated him by
      Reuter  -  241 words
    • Article
      Lock icon Arafat in Germany to visit Daimler-Benz
      151 8 AP STUTTGART Palestine Liberation Organisation leader Yasser Arafat arrived yesterday for a day-long visit to DaimlerBenz. Germany's largest eonglomerate. which says it is exploring ways to make an economic contribution to peace in the Middle East. Mr Arafat's trip came two days before he
      AP  -  151 words
    • Article
      Lock icon Palestinians can set up stock exchange in autonomous areas
      302 8 AFP JERUSALEM The Palestinians will be allowed to set up their own stock exchange as part of autonomous rule in the Gaza Strip and Jericho, an Israeli official said yesterday. "The Palestinian authority or the town of Gaza will be able
      AFP  -  302 words
    • Article
      Lock icon US fears technical dominance moving to foreign competitors
      508 9 LAT WASHINGTON The Pentagon's far-flung empire of government and private laboratories guaranteed for decades that US soldiers would fight with the best weapons and that US industry could tap a ready source of technology for commercial products. Those days are gone. Instead.
      LAT  -  508 words
    • Article, Illustration
      Lock icon Cracks appear in Clinton health plan
      536 9 Financially troubled Medicare can't be relied on: study LAT WASHINGTON President Bill Clinton proclaims it as his crusade for 1994: to guarantee that every American, sick or well, working or jobless, will be insured against the ravaging costs of health care. And he says
      LAT  -  536 words
    • Article
      Lock icon Cuba plans steps to cut budget deficit, stimulate savings
      414 9 Reuter HAVANA Cuban Finance Minister Jose Luis Rodriguez suggested a w ide range of possible reform measures on Sunday aimed at cutting the state budget deficit and reducing excess money in circulation, including raising prices and stimulating savings. And intervening in
      Reuter  -  414 words
    • Article
      Lock icon Ukraine offers disaster tours to Chernobyl
      415 9 AFP KIEV The Ukrainian authorities have opened up Chernobyl. site of the infamous nuclear accident, to foreign visitors and turned "disaster tourism" into a valuable currency earner. Watch the Geiger counter arrow shoot up in a frenzy as the tour bus closes on reactor
      AFP  -  415 words
    • Article
      Lock icon Mandela favours retaining central bank governor
      362 9 Reuter JOHANNESBURG African National Congress (ANC) loader Nelson Mandela has said that he favours retaining Reserve (central) Bank governor Chris Stals when a new government takes office. "I would recommend that." Mr Mandela, who is widely acknowledged as president-in-waiting. said in an interview with
      Reuter  -  362 words
    • Article
      Lock icon Russia must avoid dangerously low inflation, says Yeltsin adviser
      310 9 AP MOSCOW In a sign that the government could be bending to pressure to spend more on industry. President Boris Yeltsin's top economics adviser said in an interview that Russia must avoid 'dangerously low inflation". Alexander Livshits told the widely v
      AP  -  310 words
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      402 8 NOTICE NOTICE IS HEREBY GIVEN that, I CHENG SEW MING of Blk 408, Sin Ming Ave #24-207, Singapore 2057, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Hsin Tung Yang (S) Pte Ltd at 133 New Bridge Road #01-37/38, Singapore 0105 and 3E River
      402 words
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      536 8 B^S^N^S^_T^MES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF TAN HONG HUAT HOLDINGS (PRIVATE) LIMITED (Incorporated in the Republic of Singapore) At an Extraordinary General Meeting of the members of TAN HONG HUAT HOLDINGS (PRIVATE) LIMITED, duly convened and
      536 words
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      350 8 r In The Matter Of A The Companies AcL Chapter SO And In The Matter Of QINHO FTC LTD (In Members Voluntary Wmding-Up) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act, Chapter 50 the final meeting of the members of the
      350 words
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      383 8 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF united SEMirownt ?rrnn PTE LTD (la Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened on the 291h Apnl 1994 at 10.00 a.m. the Special
      383 words
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      Page 8 Advertisements Column 5
      65 8 Notice is hereby given that NationalPak Asia-Pacific Pte Ltd has taken over the lease and acquired the premises at 11 Tuas Avenue 3, Singapore 2263 together with the plant and equipment therein from Lamipak KMP Re Ltd with effect from 27 May 1994. David Chong Co. "I deal in cameras.
      65 words
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  • Page 9 Advertisements
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      62 9 I Wh_ f i:' *M M" r oi v/ fA^%» v Stff^ You're Never Without Power! Starts Instantly Silently Powerful Ideal For Remote Locations For re-export to Burn La, China, Cambodia, India, Indonesia, Philippines, Thailand 6c Vietnam, contact the Factory Representative, SPOTRADIO SDN BHD today: SPOTRADIO SDN BHD #09-01 Gateway
      62 words
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      Page 9 Advertisements Column 2
      153 9 KAJARIA EXPORTS l\l PRIVATE LIMITED i V 1r WE ARE AN EXPORT HOUSE INTERESTED IN IMPORTING A TOTAL QUANTITY OF 30,000 M/T PIG IRON (FOUNDARY GRADE) IN FIVE TO SIX LOTS OF 5000/6000 MT EACH. CHINESE/BRAZIL/RUSSIAN ORIGIN PREFERRED INTERESTED PARTIES MAY SEND THEIR COMPETITIVE OFFER AT THE FOLLOWING ADDRESS ON
      153 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      ALR's profitable run adds to brighter outlook for WBL
      449 10  -  By Joseph Rajendran SINGAPORE United States computer maker Advanced Logic Research, an associate company of WBL Corp (formerly Wearne Brothers), has reported its second successive profitable quarter. Fortunes of the Wearne group, which has a substantial technology and manufacturing arm, have
      449 words
    • Article
      Kepphil wins deals worth 150 m pesos
      385 10  -  Contracts are for steel fabrication and shipbuilding By Juliette Walker SINGAPORE Kepphil Shipyard Inc. a member of Singapore's Keppel Group, has won contracts worth a total of 150 million pesos (SSB.4 million) for steel fabrication and shipbuilding, Keppel Corporation said yesterday. Hoe Eng
      385 words
    • Article
      Lock icon TRI's profit forecast conservative, say analysts
      313 10 Reuter KUALA LUMPUR The smaller-than-expected profit forecast for Malaysian telecommunications company Technology Resources Industries Bhd (TRI) which last week sent its share price reeling was too conservative, analysts here said yesterday. "I think they are being very conservative, which is not really TRI style,"
      Reuter  -  313 words
    • Article, Illustration
      Video-on-demand demands attention as competition dawns on S'pore Telecom
      720 10  -  HOCK LOCK SIEW By Genevieve Cua SINGAPORE When British Telecom recently hosted a tour of its research and development facilities for Asian, journalists, it unleashed a plethora of information on almost everything that had a bearing on its £240 million (*****
      720 words
    • Article
      Lock icon Singapore Telecom affiliate wins right to operate in Makati
      353 10 Reuter MANILA Singapore Telecom affiliate Globe Telecom has won the Philippine telecommunications industry's most coveted prize, Manila's Makati financial district, the National Telecommunications Commission said yesterday. The decision comes nearly two months after the commission divided the Philippines into 11 service
      Reuter  -  353 words
    • COMPANY BRIEFS
      • Article
        Sembawang, Hoechst units tie up
        83 10 SINGAPORE A Sembawang Engineering subsidiary has entered into an agreement with a company from the Hoechst group to jointly market Hoechst technologies in petrochemicals, chemicals and fibres. Sembawang Projects Engineering Co (Sempec) will set up a joint marketing and sales structure with UDHE Gmbh to
        83 words
      • Article
        Lock icon Big regional mergers mainly Asian deals
        81 10 Bloomberg Business News HONGKONG Most big mergers and acquisitions in Asia in 1993 were purely Asian affairs, said Asia. Inc magazine in its May issue. Of the top 50 transactions. 39 were between Asian companies. it said. With an aggregate value of USS6.B billion
        Bloomberg Business News  -  81 words
      • Article
        Lock icon CSL offer opens, 25pc taken up
        76 10 Reuter SYDNEY The public float of the Australian governmentowned drug firm CSL Ltd opened yesterday with 25 per cent of the issue already taken up by private clients of stockbrokers. Finance Minister Kim Beazley said in a statement. The government is selling 100 per
        Reuter  -  76 words
      • Article
        Lock icon CDL extends Kingsgate purchase date
        93 10 Reuter WELLINGTON CDL Hotels New Zealand said yesterday that the date for the completion of its purchase of 50 per cent of Kingsgate International Corp from Singapore's Jit King Investments had been extended. The completion date would now be seven days from when the regulatory
        Reuter  -  93 words
    • Article
      Lock icon FACB to start work on China highway project next month
      246 10 Bernama KUALA LUMPUR FACB Bhd, which is going into the construction business in China in a big way, will start the ball rolling next month, a company official said yesterday. "A ground-breaking ceremony will be held and we will be
      Bernama  -  246 words
    • COMPANIES
      • Article
        Lock icon HK market jitters deflate prospects for new listings
        552 11 Eastern Express HONGKONG In a reversal of the frenzied buying associated with new share listings last year, jittery conditions in the local share market have generally proven unfriendly to companies which made their debuts in the past two months. Issue subscriptions have
        Eastern Express  -  552 words
      • Article, Illustration
        Lock icon Brashs seeks protection
        43 11 Reuter SYDNEY Pedestrians walking past a Brashs' store in central Sydney yesterday. The 130-year-old retailer announced it was seeking bankruptcy protection and had appointed an administrator to run the company's 343 stores across Australia for the next 26 davs. Reuter
        Reuter  -  43 words
      • Article
        Lock icon India's ITC plans US$ 100m Euroissues to fund expansion
        320 11 Reuter CALCUTTA India's cigarette giant ITC Ltd is launching two Euroissues this year totalling L'SSKK) million (SSISS million) to fund its hotel and paper businesses. ITC chairman kishan Lai Chugh said. He said during the weekend that ITC. 31 per cent-owned
        Reuter  -  320 words
      • Article
        Lock icon Coles Myer's third quarter sales rose 3.9 pc to A$ 3.67b
        241 11 Bloomberg Business News, AFP MELBOURNE Australia's largest retailer. Coles Myer, said sales rose 3.9 per cent in the third quarter, to A 53.67 billion (554.07 billion). The result is lacklustre when compared with rival Woolworths Ltd's third-quarter sales. Woolworths,
        Bloomberg Business News, AFP  -  241 words
      • Article
        Guangdong Corp tells Aussie shareholders to expect higher profit
        316 11  -  From Florence Chong in Sydney AUSTRALIAN shareholders were told yesterday they could expect higher profit by the chairman of the first Chinese firm listed in the country, Guangdong Corporation. James Cai Jing Hua. who spoke at the first Australian annual general
        316 words
      • Article
        Lock icon M'sian, Indian groups withdraw from bidding for Manila firm
        223 11 AFP MANILA Malaysian and Indian groups withdrew from the bidding tomorrow for a controlling stake in National Steel Corp, the Philippines' number one rolling mill, a state holding firm said yesterday. The withdrawal of Wing Tiek Holdings Corp Bhd of Malaysia
        AFP  -  223 words
    • FINANCE & COMMODITIES
      • Article
        Bank loans exceeding 3 years jump to 27pc of total
        541 12  -  By Soh Tiang Keng SINGAPORE Bank loans of more than three years have shot up during the past five years, a development which bankers attribute to rising affluence and low interest rates, leading to more people buying big-ticket items. Figures
        541 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Saudis sticking to oil output quota
          62 12 RIYADH Saudi Arabia will stick to its 8-mil-lion-barrel per-day production quota until year-end and does not necessarily intend to increase output in early 1995 except under certain stringent conditions. sources here said. Sources in Riyadh said Saudi Arabia would not succumb to pressure to
          62 words
        • Article
          Part of coffee crop worm infested
          115 12 BOGOTA Coffee prices could rise even more on the international market because a java-eating worm has infested 35 per cent of Colombia's coffee crop, a major coffee producer said on Saturday. To boost prices, coffee-producing countries alreadv are keeping 20 per cent of their
          115 words
        • Article
          India's edible oil prices outlook
          79 12 NEW DELHI India's wholesale vegetable oil prices are likely to move narrowly in the next few weeks as the market stays roughly in balance despite fresh supplies arriving, traders said. They said supplies are expected to pick up as the fresh peanut crop, called groundnut
          79 words
        • Article
          Golden Plateau in copper venture
          92 12 SYDNEY Australian miner Golden Plateau said it has signed a memorandum of understanding to acquire up to a 40 per cent indirect ownership in the Kazakh-American Kenjetai copper venture in Kazakhstan. The venture involves development of a USS2O-million leaching operation, that will retrieve old copper
          92 words
        • Article
          China expected to import copper
          88 12 TOKYO China is poised to begin importing large amounts of copper later this month or in early June despite the current international price being considered too high by local companies, according to traders. Ample domestic supplies have kept China almost entirely out of the international
          88 words
        • Article
          Grains markets quiet
          77 12 HAMBURG Grains markets were extremely quiet at the start of the new week, with prices generally little changed from Friday, traders said. UK futures and cash markets were closed due to a holiday, and the lack of business there helped keep activity on the Continent light. No
          77 words
        • Article
          Spot platinum, palladium lower
          38 12 TOKYO Spot platinum and palladium fell in quiet Asian trading yesterday on the yen's strength against the dollar, dealers said. A stronger yen makes Japanese exports more expensive, which hurts demand for industrial metals.
          38 words
      • Article
        Gold marks time in HK trading
        290 12 Gold HONGKONG: Gold closed little changed from Friday's New York closing level after a day of thin, two-way trading, dealers said. Gold bullion ended at U*****.20/70 an ounce against New York's U*****.30/80 close on Friday and Saturday's local close of U*****.80/377.30. It opened here
        290 words
      • Article
        Quotation of Singapore Government Stocks as at April 30. 1994
        351 12 Number i Indicative Grot* Maturity Year Coupon Amount Intereat ofdayaof middle pricaa redemption y MM rata paymant accruad (excluding yield (%pa) dataa interest j accruad (%pa) Intereat) I III II I 15.6.94 N*****0Z 1989 51/4# 600.00 15/6 15/12 136 100.25#
        351 words
      • Article
        Lock icon Private debt securities issues set to soar in M'sia
        268 12 MBT KUALA LUMPUR Funds raised through private debt securities (PDS) in the capital market are expected to continue to rise in the next few years as PDS gain wider acceptance and the authorities further streamline the regulator)' and administrative structures to
        MBT  -  268 words
      • Article
        Lock icon Challenge Bank profit up 85pc to A$ l7.6m
        187 12 Bloomberg Business News Reuter SYDNEY Challenge Bank Ltd. one of Australia's five sec-ond-tier banks, kicked ofT the 1993 bank reporting season by announcing that net profit in the first half surged 85 per cent from a year earlier. Challenge attributed the surge
        Bloomberg Business News; Reuter  -  187 words
      • Article
        Lock icon Saudis invite bids for US$ l.7b mining deal
        155 12 Reuter MANAMA Saudi Arabia has invited foreign and national firms to submit bids for a US$l.7 billion (552.6 billion) phosphate mining project. A Ministry of Petroleum and Mineral Resources announeement invited "experienced mining firms to submit pre-qualification bids for Al-Ja-lamid phosphate project."
        Reuter  -  155 words
      • Article
        Lock icon De Beers reasserts control on diamond cartel
        163 12 Reuter BOMBAY South African mining giant De Beers has reasserted control over the global diamond trade after fissures appeared in the cartel last year but some cracks remain, diamond traders said yesterday. Traders in India, the world's largest exporter of diamonds, said De
        Reuter  -  163 words
      • Article, Illustration
        Lock icon CURRENCY REPORT
        387 12 New York Bloomberg Business News NLVV YORK The dollar fell against the deutschcmark for the seventh straight trading session yesterday as traders waited to see if the New York Federal Reserve will buy dollars to stem the US currency's slide. The Fed bought the dollar for marks and
        Bloomberg Business News  -  387 words
      • Article, Illustration
        Untitled
        1677 12 frauds-ii >i<fcn/ imlr\ <vk nlultil ngnm/ S'i*n-'\ hip 14 liihlmit /urriit-it Ifciv \ttir I9S< US$/S$ forward rates Noon Apr 29 Bid Offer 1-month ***** I 5563 2-month 1.5552 1.5567 3-month 1.5554 1 5569 6-month 1.5555 1.5575 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Apr 29 Singapore dollars
        1,677 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1166 13 •18.2 Australian stocks fell in lacklustre trade yesterday ahead of important financial data to he released later this week, brokers said. The market barometer, the All Ordinaries index, fell to 2.047.9 points. 18.2 below Friday's finish. The All Industrials index tumbled 25.9 points to 3.126.6 while the All Resources
        1,166 words
      • Article
        Manila
        544 13 +41.22 The Philippine stock market rose 1.45 per cent yesterday although volumes remained slim as investors held off for signs that foreigners were finally reentering the market, analysts said here. The Philippine Stock Exchange composite index rose 41.22 points to 2.885.44. Volume, however, fell to 1.120 billion shares from
        544 words
      • Article
        Taipei
        541 13 +40.15 Taiwan stocks ended firmer after a day of narrow trade and brokers expected a consolidation around current levels to continue in the near term. The index topped 40.15 points to end at 5.777.48. Turnover was NT546.58 billion against NT544.06 billion in Saturday's shortened session. Interest was seen in
        541 words
      • Article
        Seoul
        337 13 10.54 Stocks closed higher in active trading despite late profit-tak-ing. brokers said. The composite stock index ended 10.54 points higher at 919.26. after peaking at 923.13 in the afternoon. A total of 40.53 million shares changed hands for a turnover of 1.01 trillion won. Advances far outpaced declines by
        337 words
      • Article
        New Zealand
        320 13 •14.06 New Zealand shares, after a steady start, ended lower thanks mostly to a seven-cent decline in Telecom as local and international support for leading issues failed to materialise. Trade was lacklustre. The NZSE-40 capital index fell 14.06 points to 2.096.15 but the broader market fared better, the
        320 words
      • Article
        Bombay
        46 13 +0.72 Share prices recovered slightly towards the close on buying by Indian mutual funds although volumes remained low. brokers said. The Bombay Stock Exchange 30-share index ended at 3.746.19. up 0.72 points from the weekend's closing. The 100share national index rose 4.47 points to 1.814.50.
        46 words
    • WORLD STOCK MARKETS
      • Article
        Paris
        128 13 +20.27 French stocks rose yesterday. following US stocks higher, after the trading session at the Paris bourse was shortened by computer difficulties. Trading began at 2:30 pm Paris time, four-and-a-half hours after the normal start. To compensate, the market remained open until 5:30 pm. an additional halfhour. The CAC
        128 words
      • Article
        Stockholm
        160 13 12.86 Swedish shares closed higher as a stable fixed-in-come market gave investors a chance to focus on firstquarter corporate earnings figures, expected to show strong improvements in performance. Today, forestry group Stora Kopparberg Bergslags AB is expected to report a 1.2 billion kronor firstquarter profit after net financial items,
        160 words
      • Article
        Frankfurt
        224 13 14.17 German stocks finished barely changed yesterday, as prices petered out from the day's highs in light trading. Financial stocks remained the day's strongest performers. boosted by insurer Allianz AG Holding's rights offering. However, traders said the absence of a trend from the London markets, which were closed for
        224 words
      • Article
        Amsterdam
        267 13 +0.66 Dutch stocks closed higher amid investor optimism about profit reports that several companies will release this week. Philips Electronics NV. to post first-quarter earnings Wednesday, led the market higher and gained 1.1 guilders, or 2.03 per cent, to 55.4. The Amsterdam EOE Index of the 25 leading stocks
        267 words
      • Article
        Zurich
        325 13 +28.9 Swiss stocks climbed 1 per cent as food giant Nestle SA. drugs and chemical concern Ciba-Geigy AG and banking group CS Holding dominated gains on hopes of improved earnings. The Swiss Market Index of 22 stocks gained 28.9 points to 2.765.20. with 20 stocks rising and two falling.
        325 words
      • Article
        Johannesburg
        305 13 +2 The Johannesburg Stock Exchange shrugged off a touch of post-election fatigue yesterday, climbing off early lows after mild profittaking to finish more or less on a par with Friday. After losing about 1 per cent in early trade, the overall index closed two points up at 5.361. while
        305 words
      • Article
        Toronto
        254 13 -2.11 Toronto stocks edged lower at midday in featureless trade with volume levels inflated by brisk dealings in PWA Corp's new shares. The TSE 300 composite index dipped 2.11 points to 4.265.01 in heavy trade of 76.77 million shares 55.7 million of which were PWA's new class A shares.
        254 words
      • Article
        New York
        725 13 +4.46 Blue-chip stocks drifted shyly into the plus column yesterday, buoyed by gains in drug company stocks, but sentiment was nervous because of rising interest rates. The Dow Jones Industrial Average was up 4.46 points at 3.686.15 at I pm EDT. But in the broader market, declining issues
        725 words
      • Article
        Untitled
        1418 13 London Xpr N PeiHT Industrials A V < orp \dr 30 6,K MO \bfce> National 435 -K MIk-v) Lwmis -J** unch Hmm i lH -4/* Xrgvll 22** -4 4/K \sjj(iuHip 99 4/i B\T ImJ 465 BI< < 4<i BIN C.ioup W 10 BR Petroleum >*7 -5 BTR M«| I Mn
        1,418 words
    • Article, Illustration
      Lock icon HONGKONG
      3046 14 Bloomberg Business News HONGKONG Stocks declined in slow trading yesterday because of continuing concerns over the direction of Hongkong's interest rates and property prices. I he I longkong market lacks a direction now." said Albert Kan. fund manager at Thornton Management (Asia). He attributed the aimlessness to rising Hongkong
      Bloomberg Business News; Source: Bridge Info  -  3,046 words
    • Article, Illustration
      CHINA
      414 14 BOTH Shanghai and Shenzhen markets were closed yesterday. The H shares, which were traded yesterday, faced selling pressure. Trading concentrated in the biggest counters Shanghai Petrochem. Maanshan and Yizheng. which accounted for 90 per cent of the day's HK.S6O million turnover. Prices fell across the board. In fact, (iuang/hou
      414 words
    • Article, Illustration
      Lock icon TOKYO
      2534 14 Bloomberg Business News TOKYO Stocks declined in response to a further erosion in the dollar, which poses a serious threat to profits at major Japanese exporters. Traders fear the dollar could decline to historic lows near 100 yen this week if the Bank of Japan refrains from aggressive intervention.
      Bloomberg Business News; Source: Bridge Info  -  2,534 words
    • Article, Illustration
      Lock icon JAKARTA
      1116 14 Reuter JAKARTA Jakarta shares closed mixed in lacklustre trading yesterday as public holida\s in several countries in the region kept foreign and local investor acti\it\ to a minimum, brokers said. The official index fell 0.59 point to close at 46LSI. "The market was very, very quiet. It was almost
      Reuter; Source: Bridge Info  -  1,116 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      117 10 9 Heading towards the year 2000, there is a continuing move towards informality completely modem, yet firmly grounded in timeless values. The notion of "dressing well" is gradually changing. At Zegna, we see a relaxed elegance that better reflects every aspect of the lives we now lead. Zegna invites you
      117 words
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      Page 11 Advertisements Column 1
      113 11 WSsSEBSSBEEKE&EEE&ESBCESSCBSBBSSSSS %la ofl^, k No ONE CONNECTS EUROPE LIKE AIR FRANCE. 1 |ir?||flM Blßf |y m I 1H1|«I UJIwH UMl|k^^^^^BUSmbm^mk^ 111 II I T Wif v <|*j^ THE BETTER WAY TO EXPERIENCE EUROPE. No other airline ean lake you to more European destinations from Paris than Air France. Five times
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      48 13 SINGAPORE Business Times WE KNOW ASIA *vum f Address f Mail or fax this form to: Postal Code: Customer Relations Section Circulation Department f Singapore Press Holdings Limited 82 Genting Lane Occupation: Fax: News Centre Singapore 1334 f Tel: 1800-749 2577 Fax 744 4875 Tel: (O) (H) f
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      29 14 ;`.^,[,&&;"&]/@/|^{_{(`[%<'+:>( 1 he Bangkok market was closed for May Day yesterday II NCNt > «>"<> X EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Business Times
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  • SPORTS
    • Article, Illustration
      Lock icon Safety concerns on Senna's mind before crash
      1069 15 AP IMOLA, Italy Ayrton Senna knew all was not right with his car. On the eve of his fatal crash on Sunday in the San Marino Grand Prix, the threetime world champion expressed concerns about the stability of his Williams Renault problems that
      AP; Reuter  -  1,069 words
    • Article
      Lock icon Deaths expected to spark debate on racing safety
      235 15 AP IMOLA, Italy The deaths of Ayrton Senna and Roland Ratzenberger are expected to touch off bitter controversies about racing safety. While dozens of racing fans gathered outside the Maggiore hospital in Bologna to pay their last respects to threetime world champion
      AP  -  235 words
    • SIDELINES
      • Article
        Lock icon Chang rallies to beat Martin
        94 15 AP DULUTH, Georgia Top-seeded Michael Chang roared back after losing the first set on Sunday to defeat No 2 Todd Martin 6-7 (4-7), 7-6 (7-4), 6-0 and win the AT&T Challenge tennis tournament. It was Chang's fourth title this year, but his first championship on
        AP  -  94 words
      • Article, Illustration
        Lock icon Sanchez Vicario in upset win over Graf
        151 15 Reuter HAMBURG, Germany Arantxa Sanchez Vicario dramatically restored interest in the women's tennis circuit on Sunday with an upset victory over German world No 1 Steffi Graf in the Hamburg women's final. Graf, unbeaten this year in the continued absence of her great
        Reuter; AFP  -  151 words
      • Article
        Lock icon Steinhauer snatches Sprint prize
        95 15 AFP DAVTONA BEACH. Florida Sherri Steinhauer made the second victory of her 10-year pro golfing career a big one on Sunday when she won the US$l.2 million (SSI.B million) Sprint Championship, the richest tournament in women's golf. Steinhauer carded a closing 70 for a total of
        AFP  -  95 words
      • Article
        Lock icon Australian beats Chinese champions
        189 15 Reuter VICTORIA, British Columbia Michael Murphy of Australia conquered his own nerves and a pair of Chinese champions on Sunday to win the 3 m springboard title at a Dive Canada international meeting. Murphy had to come from behind to claim gold after trailing Xino Hailiang
        Reuter  -  189 words
    • Article, Illustration
      Lock icon Woosnam wins 25 th European Tour title at Cannes Open
      455 15 Golf AP MOUGINS, France lan Woosnam, who was ready to fly home as he struggled on on Friday, soared above the field to capture the U*****,000 (SS 1.17 million) Cannes Open here on Sunday. The 36-year old Welshman fired a
      AP  -  455 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Baseball
        80 15 AFP NEW YORK Major League Sunday National: Florida 9 Cincinnati 4; Montreal 3 San Diego 2 (II innings); Philadelphia 6 San Francisco 4; Pittsburgh 4 Atlanta 1; New York 7 Los Angeles 4; Chicago 2 Colorado 6; Houston 5 St Louis 6. American: Cleveland 4 Texas 5; Detroit 8
        AFP  -  80 words
      • Article, Illustration
        Basketball
        42 15 NEW YORK NBA first-round play-offs Sunday Eastern Conference: New York 90 New Jersey 81 (New York leads best-of-five series 2-0); Chicago 105 Cleveland 96 (Chicago 2-0). Western Conf: Phoenix 117 Golden State 111 (Phoenix 2-0); Houston 115 Portland 104 (Houston 2-0).
        42 words
      • Article, Illustration
        Lock icon Golf
        168 15 AP AP AP THE WOODLANDS, Texas Houston Open Sunday (US unless noted): 272 Mike Heinen 67 68 69 68 275 Hal Sutton 68 70 68 69, Tom Kite 68 65 71 71, Jeff Maggcrt 70 66 68 71 278 Bob Gilder 66 76 69 67, Vijay Singh (Fiji) 72
        AP  -  168 words
      • Article, Illustration
        Ice hockey
        29 15 NEW YORK NHL Stanley Cup Eastern Conference semifinals Sunday: New Jersey 1 Boston 2 (Boston leads best-of-seven scries 1-0); NY Rangers 6 Washington 3 (New York 1-0).
        29 words
      • Article, Illustration
        Lock icon Tennis
        20 15 AP ATLANTA AI&I Challenge singles final Sunday: Michael Chang (US) h Todd Martin (US) 6-7 (4-7) 7-6 (7-4) 6-o.—
        AP  -  20 words
    • Article
      Lock icon Oakley lifts New York Knicks to 2-0 lead
      626 15 NBA play-offs AP NEW YORK With Patrick Ewing unexpectedly missing, Charles Oakley gave the New York Knicks the boost they needed to take a 2-0 lead in their best-of-five series with the New Jersey Nets. Oakley grabbed 24 rebounds and scored 14
      AP  -  626 words
    • Article
      Lock icon Weekend of on-court violence casts cloud over NBA
      661 15 AP NEW YORK A weekend of flagrant fouls, hip checks, chokes, finger-pointing, trash talk cast a cloud over the first few days of the NBA's postseason. The most violent incident was a punch on Saturday night in the Miami-Atlanta game. The windmill
      AP  -  661 words
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      1068 16 Un Nothing Beats A Bud. Iftjffinfll wire to wine, dine and entertmn OK 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 Fresco Da Salvators Pt*
      1,068 words
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      Page 16 Advertisements Column 2
      347 16 =^s\ fancy 'Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our (uncfi menu offers a variety of dian %in 'Beijing dumplings, a selection C of set menus, and 'Beijing specialities sucH as 'Beijing 'Duckl> Bafyd Tench, and HfiMCMn/ Marinated Lamb, fancy some nowf I
      347 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Sex challenge in Taiwan
      720 17  -  Traditional values are being threatened by an upsurge in the popularity of sex topics since the Chinese translation ot the book Kinsey Institute New Report on Sex. Joyce Liu discusses the Joyce Liu Reuter KINSEY Fever has taken a firm hold in Taiwan, challenging thousands of
      Reuter  -  720 words
    • Article
      Lock icon Don Henley and the Eagles reuniting for concert
      354 17 CHATTERBOX Reuter Reuter Reuter UPI DON HENLEY and the Eagles found they could split. They just couldn't stay apart. After going their own ways 14 years ago. Henley. Glenn Frey and other Eagles alumni are reuniting for a concert tour starting on
      Reuter; UPI  -  354 words
    • Article
      Film festival's finale flop
      894 17  -  Jaime Ee attended the closing ceremony and was not happy with what went on Singapore Film Fest 1994 Jaime Ee IT WAS so. so sad. No not because we were too late for what looked like free tidbits at Capitol cinema on Saturday night, but because
      894 words
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      55 17 An Unbeatable Yfahie! Enjoy an assortment of fresh Sushi and California Roll accompanied with Seafood Teapot Soup and Japanese pickles. Also includes a complimentary Bud Light/Bud Dry. Sushi ATeppanyaki Buffrt at $28 «fa« available. 48&9° M AVA lAPVNISI RJSW.ILANT P**n mhrt W% w**MV y itw c^vZJ« Ha f lark Roai
      55 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      1241 17 TV RADIO jS poor girl jMj^^^^rBMV^|nHHjj^V them. Planes, Trains and Automobiles, S^y^K Sieve Martin to 7r JT a f jk to John PSUL 1 to go Martin this road movie a differ- \i$t[ Pretty Polly and the Ancient r Mariner, 9pm, SBC 12 HTT; J|g Barry Paine looks at the
      1,241 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Omni Hotels eyes Marina area
      504 18  -  Running two premier hotels in Singapore is a long-term goal for the group. Abdul Hadhi reports Abdul Hadhi OMNI Hotels Asia Pacific aims to open another hotel in Singapore, preferably in the Marina area, in addition to the well established Omni Marco Polo Hotel along
      504 words
    • REGIONAL SKYLINE
      • Article
        Lock icon Chinese TV supertower ready
        115 18 Reuter SHANGHAI Shanghai's US$92 million (*****.6 million) television tower, the tallest in Asia and third highest in the world, was completed on Sunday after more than two years of building work, the official Xinhua news agency reported. The 460-metre Oriental Pearl tower comprises three huge "spheroids"
        Reuter  -  115 words
      • Article, Illustration
        Lock icon Investment up 73.7 pc in China
        85 18 AFP BEIJING Property investment in China, which was partly responsible for the country's economic overheating, increased by 73.7 per cent in the first quarter of the year over the same period in 1993. the China Daily said on Sunday. Investment in the sector rose
        AFP  -  85 words
    • Article, Illustration
      Lock icon HK's property balloon deflating
      855 19 Prices have dropped by spc over the past two weeks after talk of tough government measures NYT THE HK car owner who recently spent HKS4 million (SS804.000) for a single parking space will not be pleased: This city's high-living real estate market appears to have crested.
      NYT  -  855 words
    • Article, Illustration
      Lock icon Economic reforms spark Bombay real estate boom
      572 19 AFP RLAL estate prices have shot through the roof in Bombay. India's financial heart, as speculators and buyers cash-in on opportunities arising from economic reforms launched about three >ears ago. \lso fuelling the boom are expatriate Indians, now permitted to buy property here.
      AFP  -  572 words
    • Article
      Lock icon Long Island projects bring waterfront areas back to life for strollers and diners
      820 19 NYT THL Port Washington. New York, waterfront will have a new attraction this summer a medley of shops called "Inspiration Wharf where entertainment will be offered along with pingMusicians will stroll along the cobblestone street dividing two
      NYT  -  820 words
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      245 18 [2. h n i i ti 1* I I I I The message in the bottle is simply this: Henry is able to maximise the use of space. Everyone of our layout plans is designed with the future in mind. Because we believe every company will have to expand. In
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      Page 18 Advertisements Column 2
      49 18 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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      393 19 SINGAPORE rri Business Times WEKNOWA3A Batam: 1 -f 11 TJ Comumereial Services has landed: 5 Pulau Batam TeL *****2/3 Fax:*****2 f f Brunei: T Serin Book Siore 1 Block'D'Hainan Association Bldg V /olm Pretty, Kuala BeLut PO. Box 410. Kualaßtlad 6004 I Brunei Damsalam \f TeL *****0 Fax *****68 I
      393 words
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      Page 19 Advertisements Column 2
      7 19 Plan your career in the Every Wednesday
      7 words
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      Page 19 Advertisements Column 3
      122 19 WESTERN SAMOA I—— lone term international M.l J 3 KIIIIJIIW bmhhhibiibih companies are the most l/al M J cost effective solution for your offshore company W Aa LP structure. Available at an effective annual cost We also Provide offshore companies from: from as low as US$4OO British Virgin Islands per
      122 words
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  • Article
    Mandela's real problems begin
    537 20 EDITORIAL SOUTH Africa's first non-racial elections went predictably. It was a makc-do affair replete with election officials' bungles and the need to print millions more ballots. It was as much as could be expected. None of the imperfections, however, diminish the validity of the elections. The
    537 words
  • WHAT THE OTHERS SAY
    • Article
      The right to be a worker
      298 20 SINGAPORE'S WORKERS, like those elsewhere, will have to come to terms with structural trends that are too vast for any single country to control and too deep for anyone to ignore. Labour policies in the developed economies, where unemployment is running at some of
      298 words
    • Article
      Towards a better civil service
      153 20 THE Civil Service has been hailed as Singapore's backbone of success. Being part of the colonial heritage, it has to be upgraded with the changing times, especially with rapid national development and the growth of Singapore's external economy. Recently, Prime Minister Goh Chok Tong announced
      153 words
    • Article
      Constant training is the key
      155 20 IN HIS May Day address. Prime Minister Goh Chok Tong has sent out a strong signal to workers that is, they must seize the opportunity to undergo training and improve their skills as a form of future investment. It cannot be denied that the high
      155 words
    • Article
      No sweeping under the carpet
      111 20 IT SEEMS the authorities have decided to wrap up the Nakhon Si Thammarat bombing case and are willing to rule out the possibility that saboteurs seeking to discredit the government were behind the blast. When a criminal act keeps repeating itself at a certain frequency
      111 words
    • Article
      Alleviate their fears first
      138 20 THE PLEDGE issued by visiting Vietnamese President Le Due Anh the other day that his country would prepare for the return of the 8,000 boat people now in Indonesia undoubtedly came as a final blow to them. With the door for resettlement closed, it is apparent
      138 words
    • Article
      Collaboration, not confrontation
      183 20 THE Western unionist tradition that relied on built-in inter-class antagonism for the championing of the worker cause has very limited scope for application in the societies in the East. It must not be mimicked wholesale not at this late stage of their development cycle. Vested-interest, industry-wide unionism
      183 words
  • Article, Illustration
    A pyrrhic victory for Yeltsin
    807 20  -  John Helmer finds last week's pact aimed at producing a non-confrontational approach to politics a watered-down version of what the president intended John Helmer The writer is BT's Moscow Correspondent PRESIDENT Boris Yeltsin's pact on political accord, which he intended to drive like a Trojan
    807 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      271 20 Building Boon Where are stock markets headed? Singapore's CD-ROM battle Woes of the small investor Ekran's deal of the century Will hedge funds drag down banks? Get your copy of this month's Singapore Business I from your nearest newsstand or, if you prefer the j Mr/Mn/MiWMs Occupation. conven j ence
      271 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      66 20 CO^TUSNS,BR.StW~"\ (NE£»WG) THC. LORY YOU uNßfHveu.eD i TODRY? TH€. OF THAT pgp&g U3RS y V4PWC GONt. OP s~ I WiGWuV MV OPTION y \o®SriN/ <* C ASSOCIATED NEWSPAPERS LTD.. tWMW POSIpO 9179 i DOONESBURY GARRY TRUDEAU SO WHAT'S MOM. I'VE DONT Be NOT REALLY. YOUR3I6 B&tiM£ANING SUY.PEAR. A LITTLE NEWS,
      66 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Preparing the renminbi for full convertibility
      1529 21  -  Cao Yong traces Beijing's efforts in stabilising the Chinese currency and reforming the country's foreign exchange system Cao Yong The writer is a lecturer at the School of Accountancy ami Business, Xanyang technological I niversity <M L'). and director of the Chinese Economy Studies
      Source: Almanac of China s Finance and Banking and China Daily  -  1,529 words
    • Article, Illustration
      Still airborne despite flying into red tape in Vietnam
      996 21  -  A spunky lady tells Harish Mehta how she started operating a helicopter service and is keeping it aloft despite losing an aircraft in a fatal crash Harish Mehta TWO Vietnamese government bodies, the Defence Ministry and the Civil Aviation Department, are
      996 words
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Page thumbnail Page 22
  • Article, Illustration
    Lock icon Chinese head of HK affairs refuses to meet Patten
    558 22 Eastern Express HONGKONG Chinas most senior official handling Hongkong affairs. Lu Ping, continued to dodge the media and demonstrators and ignored pleas to meet Governor Chris Patten yesterday on the first full day of his first visit to the territory in
    Eastern Express; Reuter  -  558 words
  • Article
    Lock icon US factory output up in April, sparking rise in employment
    245 22 Bloomberg Business News WASHINGTON The output of America's factories rose in April for the second straight month, triggering a sizeable increase in employment, the National Association of Purchasing Management (NAHM) said yesterday. The purchasing managers* index, a gauge of manufacturing
    Bloomberg Business News  -  245 words
  • Article
    Lock icon Motorola gets nod to set up plant in Bangalore
    160 22 Bloomberg Business News NEW DELHI The Indian government has given permission for Motorola Pvt Ltd to set up a factory in Bangalore to manufacture pagers. An official announcement yesterday said Japan's Matsushita Electric Industrial Co had also been given a permit
    Bloomberg Business News  -  160 words
  • Article, Illustration
    The cult of the consumer must be stopped
    694 22  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent THE consumer is king in man\ Western market economies nowadays and it ma\ not he long hefore consumers are elevated to this supreme status too in the more developed
    694 words
  • Article
    Take part in East Asia's growth rather than feel threatened, SM Lee urges US, EU
    424 22  -  From S N Vasuki in NICE SENIOR Minister Lee Kuan Yew yesterday urged America and the European Union to participate in East Asia's rapid growth and not feel threatened by the region's economic dynamism. East
    424 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      210 22 +\={*{[%!%`^;-{~'~=@_>{,)]^~^$' Our address has changed... but not our commitment to your success GE Capital has moved to new offices in Singapore. We have more space, more people and more ways to help your business succeed. Our financial strength and industry expertise enable GE Capital to create unique solutions tailored to
      210 words
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      Page 22 Advertisements Column 2
      191 22 '!_^=+&,}\\.>;,&}..)'<>"^~>?*<, RESEARCH ASSISTANTS/ TRAINEE ANALYSTS Salomon Brothers continued expansion in Asia has created the need for a number of research assistants and trainee analysts, to be based in Singapore, to work as an integral part of Salomon Brothers regional research team. Responsibilities will encompass a broad range of tasks within
      191 words
Page thumbnail Page 23
  • Shipping Times
    • Article, Illustration
      Austal Ships venture to build ferry for Sea Containers
      314 23  -  By Rahita Elias SINGAPORE Western Australian shipbuilder Austal Ships, through a joint-venture company, has won a major building contract from British ferry operator Sea Containers. The joint-venture firm. Ferries Australia, will build a 79-metre ferry for Sea Containers. The value of
      314 words
    • Article
      Lock icon From missile carriers to private yachts
      592 23 Russia's Almaz shipyard is making the switch to capitalism to survive Reuter ST PETERSBURG In Russia's shipbuilding capital, founded nearly 300 years ago, the Almaz shipyard is an industry leader negotiating the way to a new, post-Soviet world. "Private yachts, 200-person catamarans, small 'environmental
      Reuter  -  592 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      805 23 Page Col Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 •Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 •Bank Line. The 9 5 Batamindo 7 3
      805 words
    • Article
      Maersk unit invests in new terminal in Taiwan
      177 23 SINGAPORE Maersk Line's Taiwanese subsidiary, Maersk Taiwan, has made a major investment in new terminal facilities in Kaohsiung. Taiwan On April 15, Maersk Taiwan signed a long-term lease agreement with Kaohsiung Harbour Bureau for their new terminal No. 5. berths 76 and
      177 words
    • Article
      Container traffic at Hamburg up 9pc
      385 23 SINGAPORE Hamburg, Germany's leading port, handled some 2.5 million 20-foot equivalent units (TEUs) of containers in 1993, or up 9.6 per cent over the previous year's figure. Total cargo throughput at the port last year was 66 million tonnes. The port ranked seven as
      385 words
    • Article
      Change in owner does not affect writ against ship
      466 23  -  By Ramesh Divyanathan SINGAPORE An admiralty court order against a ship creates a security that is not extinguished. despite subsequent changes in the ship's ownership. The High Court made this observation recently in a case involving the Bolbma. reported in the
      466 words
    • Article
      Lock icon Saudi shipping firm to go ahead with VLCC purchases
      404 23 AFP ABU DHABI A major Saudi shipping company said last Friday it was pressing ahead with a project to buy five supertankers to transport crude oil for the first time, as part of its five-year expansion plan. The National Shipping Company
      AFP  -  404 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        596 24 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port uiedon t.p ***** po6 0205 1230 *****700 "anteleymon lep 01 94 17 8 alongside 0305 2300 Dsll *****4 05 94" P01A 0305 0800 0305 1800 Andlnka Wnaya ST009 112 0305,2100 0905 0700 Eastern
        596 words
      • Article
        CONTAINER SCHEDULES
        2150 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinj/Balance Rslts Ship Voy No Etb/Btr Period From To From Ac. lilac 0306 03/2100 IB 01/1500 *****9 01/1900 2A 01/1/00 02 0659 02 0900 28 01/1/00 02 0659 02 0900 3
        2,150 words
    • Article
      THE SHIPPING GUIDE
      12012 32 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
      12,012 words
    • Article
      SHIPPING AGENTS
      3391 37 •A i X\BCContainerline NV: Bclsin Shpg Agencies Pie Ltd (SVMarine Handling T;Sdn Bhd (PK/PN). •Accord (.roup: Accord Shpg Pic Lid *'jS^,Vc° r d C'ontr Line (PK/PN). *'AMkils Business Corporation Philippine Trttsource Shpg Trdg Pte Ltd (S> Ahrenkiel Liner Senice: Kim Shpg .IXnli(S). Albatros Sea-Air Sen ice: Frata Shpg
      3,391 words
    • Article
      COURIER SERVICES
      280 37 Alxkth Couriers Tel: 545-8011. Fax; 545-1898 Air Express Iravel Tel: 533-5771. Fax: 535-6144 \irborne Freight Corporation Tel: 542-8844 Fax: 542-3716 *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975 C irv-I ink International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies
      280 words
    • Article
      AIR FORWARDERS
      1521 37 \bex Fxpress Freight Tel 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fa*: *****42. Activair Singapore Tel: 542-7821 Fa*: *****20. \eroliak Freight International Tel 545-8033 Fa*: *****05. \erospwd Tel: 542-5911. Fa*: *****18 Air Cargo Novo Kvpress Tel: 542-5454 Fa*: *****06 Air Express Inter national Tel: 542-7666 Fa*: *****74. *****50
      1,521 words
    • Article
      PORT CONDITIONS
      2192 38 11 ARGENTINA Santa Fe: No vessels berthed; no veesels in roads; max dratt 19 ft. ''•2 in. Diamante; No vessels berthed; no vessels in roads; max draft 19 ft. 2 in. •San Lorenzo: Five vessels '-berthed of which 3 loading soya bean meal pellets, 1 loading by- products.
      2,192 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1000 38 SHIP SALES TANKER RATES AFP THERE HAS been a surge of buying activity from the Greek market which encompassed several sectors, including various bulk carriers (such as handy/panamax/cape) and extending to an older VLCC. However. with the onset of both Greek Easter and Japan's Golden Week from April 29. it
      AFP  -  1,000 words
    • Article
      CRUISE & FERRY SCHEDULES
      533 38 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr l>ep Name of Vessel L'l'A LTD Forts of Calls Port Agent Telephone No MAY 03 03 [>elfin Star 1100 1930 Port Klang-Sin- Ocean Trade Chartering 299-0366 Jakarta 03 03 Langkapuri Star 1600 2200 Pcnang-Sin Jardine Shpg Agencies 224-1052 Aquarius 03 03 Star Pisces 1800
      533 words
    • Article
      COCKETT BUNKER MARKET REPORT
      977 39 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      977 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      608 39 Carbon Cartoon Apri 28 Density Water Residue Ash Wurmm Sedknent Density Water Residue Ash Akimun Sedrnent MM 1 M/M Exxon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method ISO/Cimac Limits Spec E25 991 1.0 15.0 0.10 30* 0.10* Eastern USA 180
      608 words
    • Article
      DAILY FREIGHTS
      2151 39 AFTER A WEEK of active chartering the dry freight market was fairly subdued ahead of a holiday weekend, brokers said on Friday. The Baltic Freight Index was up a hefty 17 points on Friday, fixing at 1.414. its highest level since October I. 1993. Contracts on the Baltic
      2,151 words
    • Article, Illustration
      Lock icon K Line: cool, calm and careful
      1180 40  -  The smallest of the big three Japanese shipping lines, K Line is apparently emerging from the upheavals in the Asia-Europe trade as a coveted and much courted bride. And she is proving to be particular, reports Peter Kasier Peter Kasier International Transport Journal KLINE
      International Transport Journal  -  1,180 words
    • Article
      TRANSPORT DIARY
      879 40 COURSES Title: Container Freight Station Management Duration: May 4 Jul 6 Organiser: Port of Singapore Authority Tel: For further details/registration contact SPI at 321-1707/321-1824/321-1825 or fax: 321-1416. Title: Management of a Warehousing and Distribution Centre Duration: May 9-13 Organiser: Port of Singapore Authority Tel: For further details/registration contact
      879 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Anger over Teamsters' strike to cost carriers business
        591 42 Replacement companies are doing better work, say shippers NYT NEW YORK The recently suspended strike by the International Brotherhood of Teamsters disrupted commerce for about three weeks but trucking executives and transportation experts said its effects were likely to last for years.
        NYT  -  591 words
      • Article
        Lock icon Cabin air poses no health risk: airlines
        232 42 Reuter WASHINGTON The airline industry, rejecting complaints of poor quality airline cabin air, said that an outside study showed cabin air posed no health risk to passengers and crew. "The study confirms that aircraft systems safely and effectively maintain a healthy air quality
        Reuter  -  232 words
      • Article
        Lock icon Eurotunnel's hi-tech dream faces financial nightmare
        463 42 AFP PARIS The Channel Tunnel, one of the world's most astounding feats of engineering, obtained its seal of approval from two heads of state on Friday, along with the hyper-sophisticated transport system it has been built to ryBut after the "Chunnel" has been officially
        AFP  -  463 words
      • Article
        GM's Asia-Pacific car sales in first quarter up
        326 42  -  By Ramesh Divyanathan SINGAPORE General Motors' Asia-Pacific passenger car sales increased nearly 22 per cent in the first quarter of 1994 against the same period last year. GM, the world's largest car maker, said the rise was fuelled by demand for its
        326 words
      • Article, Illustration
        Lock icon The long march
        54 42 Reuter MADRID Thousands of demonstrators march towards Spain's Industry Ministry last Friday, joining hundreds of workers from Suzuki Motor Corp's struggling Spanish subsidiary Santana Motor, who marched 325 km from Linares to Madrid to ask for government help to save their jobs. The banner reads: 'Suzuki thieves,
        Reuter  -  54 words
      • LOG BOOK
        • Article
          Lock icon Airlines warned against faulty parts
          84 42 AP CANBERRA Aviation officials are cautioning airline operators to guard against faulty spare parts. Australia's Civil Aviation Authority said an increasing number of aircraft have been fitted with bogus parts, adding to the dangers of flying. The warning was published yesterday in Aviation Bulletin, an
          AP  -  84 words
        • Article
          Lock icon Unknown investors buy 5pc of Swissair
          57 42 AFP ZURICH A British bank has acquired 5 per cent of the shares in Swissair for anonymous investors. Swissair president Otto Loepfe told a press conference last Thursday the stake had not been acquired on behalf of British Airways. Swissair declined to name the
          AFP  -  57 words
        • Article
          Lock icon Ist qtr passenger figures up: lata
          99 42 Reuter GENEVA Loss-making airlines reported a healthy rise in first-quarter passenger figures that the International Air transport Association (lata) said could help them towards to a sustained recovery. I ATA said that its 200-plus member airlines, which it reported last week to have made
          Reuter  -  99 words
      • Article
        Lock icon Mitsubishi gets last licence to set up plant in Vietnam
        436 42 AFP HANOI Mitsubishi has squeezed into possibly the last opening granted by the Vietnam government to set up car manufacturing plants in Vietnam. a report said on Sunday. Mitsubishi has been granted a licence to set up a USSSO- (SS7B
        AFP  -  436 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1679 42 Crtjr FHkM ETA ffgW CM)r Fight ETA CTD_ Abu DtuM GA893 1835 GA984 2340 ME633 2355 GA974 2350 Durtun SQ406 0115 Adelaide QF81 1925 QF82 2055 Frankfurt SQ25 0645 SQ326 2230 SQ228 2120 LH772 1555 QF5 2235 Amsterdam KL831 0935 KL844 0035 QF6 1845 LH773 2359
        1,679 words
  • Page 23 Advertisements
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      0 23 ](|,<!;"!:;(.@{-|+<&*{-]@\_*^`>
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      Page 23 Advertisements Column 2
      25 23 Ums and services represented Mew Mrs ef the Registry ef Accredited SMootag <I—lt llnrforn Shb- \*w2xMi ptagAuJSttM. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      25 words
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      Page 23 Advertisements Column 3
      133 23 r M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CA LL: *****00 K Line: cool, calm and careful, Page 18 Anger over Teamsters" strike to cost carriers business, Back Page !/C n B mm lFo»ce 1 jMmm THE TOTAL TRANSPORTATION Qjjl ■II IB VISA FREIGHT SERVICES PTE LTD HUES!
      133 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      453 24 TSKUNE AGENCIES (S) PTE. LTD. fI 1 V rmTp Tel: 226-3363 i •3«l\f LUMI 226-1972/3 y *7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 1 EXPORTS Td HONGKONG. MANIA. TAIWAN 4 JAPAN "TWICE WEEKLY" 1 www W* m wjMTlwimwt mo m ttotok mm m CM.I LUNA
      453 words
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      Page 24 Advertisements Column 2
      1532 24 MMCT TO UM Wl»Tcow hooom cauwwa nww I TO «A«T ÜBpnmAMMt jg MSBM «t»mcn I JOB skm u om n at ML M cm. m mm «saw» no sw* OMsm nutus- isthm- aleimom' iaar r utr mr* un«r tea* um CALIFORNM LUNA V 65 4S 21 5 23 5 25
      1,532 words
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  • Page 25 Advertisements
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      2399 25 SmTFS&SSr SH,PP,NQ AOENC,EB ptSISGTA^ N T?L^^7%^^:7^ 2 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) 4 1 1 FS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 £OH TEL: *****3/41 *****6 CUSTOMER SVC TEL: *****92/*****91/*****93 fit nV2.£f]» KEPPEL DISTRIPARK BLK 513 #01-128 JOHOR BAHRU TEL: 07-*****0 FAX: 07-*****9 rv T—-r TEL: *****27 FAX: *****25
      2,399 words
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      Page 25 Advertisements Column 2
      2025 25 ■Hmisaszm WEEKLY TO MEXICO CITY IN JUST 23 DAYS MADISON MAERSK V.9406 ETA SIN IOTH MAY 94 Vessel Voy ETA ETO Feedeted by S '£TltT ii* DESTINATIONS Th» »eek maoison maersk v»406 io/os 0000 mrs CfS 09/05 2359 MRS JOH LPK PEN OAK LGB SFO MEM ATL MIA CMS BAI
      2,025 words
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      Page 26 Advertisements Column 1
      1729 26 AQABA R DAM [i ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA DANUBE 13. 11 4- 5 21/5 24 5 22/5 Poft Kelang, Penang STUTTGART EXPRESS 03/317 7/5 16/5 23/5 25/5 28/5 30 5 16 Pasir Gudang *AGA 35/118
      1,729 words
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      Page 26 Advertisements Column 2
      721 26 AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Doqharun) C.1.5./RUSSIA: Vostochny. Vladivostok. Moscow. I Baku, Tashkent. Irkutsk. Alma Ata. Ashgabad, Dushanbe. Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Africa V.2134 10/5 09/6 Bunga Pelangi V.2144
      721 words
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      Page 26 Advertisements Column 3
      1225 26 NORASIA SEA MACEDONIA 4171N 04/05 25/05 28/05 29/05 30/05 31/05 01/06 02/06 03/06 03 06 I NORASIA A 1 MUNI A/AH 9418 3 11/05 01/06 04/06 05/06 06/06 07/06 OS 06 09 06 10 06 10 06 I NORASIA SAA4ANTHA ***** IS/05 08 06 11/06 12/06 13/06 14 06 15/06
      1,225 words
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      1468 27 Ml STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line ■■■■•■■iMliyMMHllllllMlllMUttJyMß (A SERVICE 0F CHINA NAVIGATION CO) CARGO D« SAILS STRAITS VENTURE VI2E teura. Lib 03 04 May 05 May 06 May Fct LCL CONTAINER ANO BREAK BULK
      1,468 words
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      Page 27 Advertisements Column 2
      3760 27 SINGAPORE AGENT: |JX<i| I fttlf H fipyr P&O Containers (Singapore Agencies) Pte Ltd i, VXV/ vllldlllVX 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number: **********0Z EXPORT IMPORT VESSEL *0* pPNG "PKG SIN SOU ANT HOT
      3,760 words
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      676 28 i|A EKA JAYA AGENCIES A3|ir TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE < T HO CHI MIHH CITY PAGER HANDPHONE/DUMCT HENffY HQt iIWW BZMMfIMMM KELVIN CHAM *****25 iMMfIBBB HA NOV 21WM lHW»» 9 TO VIETNAM/HCMC CONTAINER-FEEDER SERVICE CENTER-POINT 7 LINES *t* kssr dot eh stag mi Ini
      676 words
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      Page 28 Advertisements Column 2
      1890 28 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL: *****22-233 DOCUMENT TEL: *****71-275 FDB VSL SM |LM HAUL SEA YW POX ft* VSI SJK IIM HAUL SAV LM NYC HANJIN FELIXSTOWE 021E 6 5 MtECT 26 5 27/5 28 5 HANJIN FELIXSTOWE 021E 6 b H SMAIWAH 04X
      1,890 words
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      Page 28 Advertisements Column 3
      1359 28 =iU d-1 rl 1 I, l ,5£ 6 u6 w 0# a« rw in c* mi wtc im um mm t» «c no cw m yj I GMMHOS4 »/S US IS 5 115 20/5 23.5 2A/S Si »'S 27,S 21,5 It 21, 2J,| n 5/7 C/ 7 7,7 1/7 117
      1,359 words
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  • Page 29 Advertisements
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      2355 29 II II sex: 'CALIFORNIA LUNA 65E' eta sgp 04/05/94 H H ggg l| ARRIVING LOS ANGELES 21/05/94 IN 16 DAYS HI II II AEX HAKONE MARU 15E' ETA SGP 04/05/94 II II r II ARRIVING NEW YORK 28/05/94 IN 23 DAYS HI EXPORT TO: PSW/PHW SINGAPORE CALIFORNIA EXPRESS (SCX) TO:
      2,355 words
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      Page 29 Advertisements Column 2
      1241 29 0 MULTILINE SHIPPING PTE LTD mm (a member of SINSOV Group) CR N0: **********0 C ENQUIRIES: *****33 J f BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 AL BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
      1,241 words
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      1547 30 tf AS AGENTS: LINE (SINGAPORE) PTE LTD (CI NO: 1244J*****0M/GST REG NO: M2-0Q*****4) m TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: f.T. SAAANA LAUT MTBMtSA, r EL: JKT *****08 *m*K;k+WM jj<MITH»WE»T
      1,547 words
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      Page 30 Advertisements Column 2
      748 30 ®APPENSHIP HAMBURG v7vy CONVENTIONAL A INDEPENDENT LINER SERVICE V—' EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSaS LOAMNG POUTS DISCHARGE 10MKNG FOR PAKHOM MAKARENKO HAM 10/04 SPORE 21/05 ECUADOR HAM 27/04 SPORE 02/06 KOALA CONTAINER LINE 7 STORE FLX HAM RTU IFH CS AUSTRALIA 4605 17/05 11/06 12/06 13/06
      748 words
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      Page 30 Advertisements Column 3
      381 30 a GOLDEN LINE A 1m&?V GUAN guan swung ESoi pTE > LTD W 1 21. TtM Ay« Strict SMGAPOK 0104 m *****N (10 LIES) Far *****04 (O N*. loiassoooo*) ITMITI/WMUM OPLF UITICI S pore P. Hetang Penang OOIOtN STAR Karachi Out*/ Karat 1/10 May GO.MN Ktt Karachc Dubai/M 24/20 Mar
      381 words
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      932 31 PACIFIC INTERNATIONAL LINES (PTE) LTD *T&SSSSSS I4O Ceci s,reet> 3 00 p Building, Singapore 0106. I CR NO **********0E I VESSEL VOY SIN CMB JIB JED AQJ AOE HOD PZU ASA KOTA BERANI BRNOO3 10/5 14/5 20/5 24/5 27/5 24/5 22/5 26/5 1/6 KOTA WVJAYA WJAO4I 22/5 27/5 3/6 9/6
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      980 31 I VtSSUS TOT SW II HAm HAMBUHG IHAUKS ROIURDAM *NTWt*P VH.U DC CAHIHA CO3W 05,05 20/05 21/05 20/05 30/05 01/06 WU 01 SAGITIA SO3W 10/05 01/Ot 03/00 04/00 05/06 07/06 VKIC P'*QUW.< *03W 19/05 10/06 12/06 13/06 14/06 16/06 VH.IL D HYPHA HO3W 17/06 H/06 ?0/06 21/06 23/06 "AISO ACCEPTING
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      559 31 BSA n. «H|l|!agN|Bpn9S|B^W MYANMA ySBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdt MERGUI VI23W 06 08 May PAGAN V2O9W In Ft HPA AN V2O2W 05/07 Ma* MALAYSIA AGtNTS BOUSTEAD SHIPPING AGENCIES KUI TEI 03-*****00 PKI TEL 03 *****67 PIN m 04-*****5 PGO TEI
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      3369 34 jgSggjQ general agents Malaysia's agents f I INI 1 COSTAM SHIPPING PTE LTD Chung Ckiao Shipping 54, Bh4 A PARI Ahi /PF PCI Ahi 2 Mistri Road. HMC BMg *15 00 Smgipore 0207 Main Line: Port KtUag 368 8106 HI\HDIHH/I EllOfrill ********** M UCR NO: CCSU Kuala Lumpur 03-241 4616
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      174 34 I NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES LOAWNG FOR I MLAGRO 30/4 3/5 FLU/ANT/UK I ADAMASTOS 6/5 Sailed FLU/AWT/NAN/IK 1 J NORBULK TBN 30/4 DBN/EL j ALSO LOADS TG MANI AND KK I PK SWK/SABAH LOADING FOR NORBULK TEAK 8/5 HONGKONG/HUANGttJ SUBJECT TO
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      649 35 j(E FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 08/5 ROTTERDAM 09/5 AARHUS/COPENHAGEN 08/5 HAMBURG/BREMEN 08/5 MARSEILLE/FRANCE 10/5 FELIXSTOWE/UK 08/5 BARCELONA/SPAIN 09/5 LEHAVRE/FRANCE 09/5 GENOA/ITALY 09/5 ANTWERP/BELGIUM 06/5 LOS ANGELES/ WC/IPI 08/5 SYDNEY/MELBOURNE 05/5 NEW YORK/EC 05/5 FREMANTLE/ADELAIDE 06/5 VANCOUVER 06/5
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      1051 35 HlllUlMMaatauaMmirim'W'Muata :^wiw*^''' w m H^^H^mi^SQZI^HHII^HIH^H !!f»f. E n TTT! 7 S N IVESSEL VOY SIN PEN I^l I WANA BHUM 226S Tua In PI Sat 7/5 OEJA BHUM 4571 Mon mPt 4/« B>j VESSEL VOY SIN BKK ISRA BHUM OS Fri 6/5 Ty 10/5 1 OEJA BHUM 4571 Mon_ Jn_Pt_
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      818 35 I NATIONAL EXPRESS FORWARDERS (S) PTE LTD 3 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL: *****86 (6 LINES) FAX *****58 THE AMERICAN CONNECTION ETD ETD r~| I I V /—I ETD ETD^ SEATTLE 6/5 13/5 NEW YORK 8/5 15/5 OAKLAND 4/5 11/5 WILMINGTON 4/5 11/5* LONG BEACH
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      1711 36 PLABMN CONTAINER LINES, INC |2K2/VVMAfl*nts: MAC-NILS BPORE: *****22 (24 UNEB) w>j 'C/W Not UMITIIIW SIBU (064) *****9 KUCHINQ (062) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOfI/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 3/5
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      214 36 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD lift tu u* VOK r«l REIMS PINING nit lAK SJUUD loading (or llUle KUVM HUDHI 19 b o>vb«ginii ind lo*Jmg tw Bomtur DOIMN N POST SNIEO IcMdMii Foi Mjfe PWttJI sum Ml 8 S S/5 loJdmg Fo< Male UNMIOH 10/S Loading foi
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      1122 36 JSL THONG SOON UNES PTE LTD l I 78 SHENTON WAY #10-01, SINGAPORE 0207 I \J W TEL: 227-5088 FAX: 227-6011 1 I RS ***** CARRIER, RS ***** JENHOI CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL [Tor S POPE DEST VESSEL VOT [SPORE PEST EQUATOR ROYAL 101/4E 05 MAY KUCHING
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      42 38 The Natural Salesman sells effectively in the right media and the right company. Classified the people finder. nift C\ts THE STRAITS TIMES THE SUNOAY TIMES BUSINESS TIMES THE NEW PAPER LIANHE ZAOBAO LIANHE WANBAO SHINMIN DAILY NEWS BERITA HARIAN BE RITA MINGGU
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      475 40 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA VIGOUR ATLANTIC 9418N 06/05 (FRp 11 05 (WED) OPTIMA 9401N I 10/05 (TUE) 14/05 (SAT) TWO SAILINGS WEEKLY VIGOUR PACIFIC 9419N 13/05 (FRI) 18 05 (WED) FRIDAY AND TUESDAY PERMOVAISK 9401N 17/05 (TUE) 21/05 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL
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      716 40 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 15 18 22 25 2.6 2.6 2.4 2.0 1.6 1.3 10 OS 0 8 0 8 1.1 1.4 1.6
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      852 41 I HYUNDAI I MERCHANT MABINE CO^TD. WESTBOUND TO EUROPE BKG: *****61 PNA* PKE* PGP* VESSELS VOY SIN RTM ANT* LEW HAM Bftfj FEL 04/05 06/05 07/05 H. COMMANDER 309W 09/05 27/05 2S/05 30/05 28/05 28/05 31/05 11/05 13/05 14/05 SI MARINER 3101* 16/05 03/06 04/06 06/06 04/06 04/06 07/06 18/05
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      473 41 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS ttssu vst 5 mc kr RMSMW 13$ SID ■PT Ml S S KMZAI ■III) J 15 OUTBOUND VESSELS LOADINC FOR TOKYO COSMIC LEADER V 44 SP IN PT PK 4/5 LOADIHC FOR SEMBOKO NIGOYA SEKI NAGOYA V>l PK 18/
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      1038 41 VESSEL VOY SWETA/D LAX OAK CH j DAL MEM/COL HOU 1 NYC 1 NOR MACKINAC BRPGE 76A 05-06/05 22/05 24/05 25/05 26/05 26/05 27/05 27/05 28/05 ALLIGATOR TRIUMPH 54A 12-13/05 29/05 31/05 01/06 02/06 02/06 "03/06 03/06 04/06 GEORGE WASHNCTON BRIDGE 78A 19-20/05 05/06 07/06 08/06 M/ 06 09/06 10/06
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      70 42 /V ASIAPAC Weekly FCL/LCL Service To Bangkok, Hong Kong, Busan, Taiwan, Japan iaimaa M Y. "ESPERANZA ACE" V0Y.56 Anived 26th April 1994 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 4th May 1994 0900-1200 hours at PT9.
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      9 42 t4P asiapac TEL: *****22 "Atyour senior, anywhere and anytime"
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