The Business Times, 5 May 1994

Microfilm: NL19380
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times II KMOll'ASi.t \IIT P) 010/12/93 Thursday May 5 1994 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow down 19.6 points
      38 1 Reuter NEW YORK Wall Street stocks fell at midsession yesterday as a renewed rise in long-term interest rates cut short the market's brief rally. The Dow sank 19.63 points to 3.694.78 at 2pm EDI.
      Reuter  -  38 words
    • Article
      Lock icon US economy shows solid growth
      49 1 AP WASHINGTON The US economy is growing at solid pace as the nation shakes otT the effects of a stormy winter, the Eederal Reserve said yesterday in its survey of regional business activity. The report could send mixed signals on the outlook for inflation.
      AP  -  49 words
  • Article
    MARKET SUMMARY
    163 1 Stock market indices Wednesday Change Sril 2,301.08 -9.48 KLSEComp 1.028.25 -13.77 Nikkei closed Hang Seng 8.369.44 -309.69 SET Index 1,252.37 -6.14 Jakarta Comp 462.64 +2.3 CLSA China B 983.23 +7.73 Aust All Ord 2.018.4 -25.8 FTSE 100 3.070.5 -29.5 Wednesday Previous 2pm close Dow Jones 3,694.78 3,714.41 Average
    163 words
  • Article, Illustration
    HK's Richard Li in takeover bid for Seapower Asia
    476 1  -  By William Chia SINGAPORL In a surprise move, the 27-year-old son of Hongkong billionaire Li ka-shing will acquire a controlling stake of 45.8 per cent in Singapore-listed Seapower Asia Investments for 5101.78 million. Richard Li. who made news recently with his
    476 words
  • Article
    Hang Seng plunges to year's low
    228 1  -  Lim Soon Neo HONGKONG Heavv sellI ing m the afternoon sent the Hang Seng Index crashing to the vear's low yesterdav as the widely-watched market barometer lost 3.57 per cent, or 309.69 points, to close at X. 369.44. "Some investors panicked." a trader with
    228 words
  • Article
    Goodwood says no deal on Boulevard Hotel
    247 1 SINGAPORE Goodwood Park Hotel said yesterday it had terminated discussions to sell about 53 per cent of Hotel Malaysia Ltd to Ong Bcng Seng's Hotel Properties Ltd. But HPL. Mr Ong's main listed vehicle, in a separate statement, said only that "no formal
    247 words
  • Article
    SES slaps hefty $250,000 fine on DBS Securities
    549 1  -  By Conrad Raj SINGAPORE DBS Securities. the broking arm of Singapore's leading hank. DBS Bank, has been handed the heftiest fine to date 5250.000 by the Stock Exchange of Singapore for a single offence of bad business practice. In an unusually detailed
    549 words
  • Article
    GE Life reaps huge gain from SPH share sale
    259 1 SINGAPORE Selling Singapore Press Holdings shares yielded a tremendous gain for Great lastern Life Insurance last year. According to CiL Life's chairman Howe Yoon ("hong in the company's annual report released tins week, the disposal helped push gains from the sale
    259 words
  • Article
    Rival Yeo faction to reject Wing Tai's bid
    572 1  -  By Lee Han Shih SINGAPORE Rival members of the Yeo clan ye%terda\ claimed the> held enough shares to reject the takeover bid for Yeo lliap Seng Ltd and force the resignation of HS chairman Alan Yeo. In a statement, the faction opposed
    572 words
  • Article
    Lock icon Central banks storm markets, catching dollar bears by surprise
    393 1 Reuter. Bloomberg Business News lONDON Central banks around the world took the markets by storm yesterday, giving the US dollar a boost and leaving dollar bears reeling. Led by the US Federal Reserve. at last count some 16 central banks bought
    Reuter.; Bloomberg Business News  -  393 words
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      171 1 CO 2233 nowte I? T. "J FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore; Phone 235 1333 Kuala Lumpur: Phone 757 0233 Penang Phcne 615 985 619 014 Jakarta: Phone *****9-*****8 CONTENTS News S ;>" New, 2 Companies Regit .ji i>» 3.4 5 SpoteMsia 17.18 World News 6.7 financial 22
      171 words
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      23 1 4 tA —J Caning sentence on Michael Fay, Fg 2 Strokes reduced to 4 Jayakumar: Respect our right to enforce law and order
      23 words
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      10 1 Law: p g 13 XcX, Resolving disputes the media&vn \vay
      10 words
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      Page 1 Advertisements Column 4
      17 1 Lock Siew: Px 17 L Whither Wing Tai's hid? Seapower incurs 20pc fall in earnings. Pg 17
      17 words
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      Page 1 Advertisements Column 5
      100 1 The Bottom jLine: Pg 16 Lessons fi'Qpi Euro issue fiasco S. £«cA dfoA £y brought Bp?? to perfection with the master's touch e u P er wr Shark's Fin for true Cantonese cuisine connoisseurs. We prepared it with a variety of tantalising tastes. |0/ <*%$(&, delectable array of enticing yir
      100 words
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      Page 1 Advertisements Column 6
      22 1 CERRUTIIBBI I SWISS WATCHES Time is on my side L)Y\.VST\^WATC:H PTK I .7' > Hock Lock Siew: hither Wing lai's bid? Pg 17
      22 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Strong signals
        264 2  -  By Juliette Walker SINGAPORE rang in the New Year with a sharp rise in the number of international phone ealls for the month of January. The latest figures from Singapore lelecom show that the number of outgoing international ealls reached a record 11.103.883, up 29.6 per cent over
        Source: Singapore Telecom  -  264 words
    • Article
      Conflicts between US, Asia Pacific not adequately addressed: ex-envoy
      213 2 RELATIONS between the US and the Asia-Pacific are at best in a period of malaise, a former US envoy said yesterday. Giving the American view at a plenary session on politics and economics in the Asia-Pa-cific at the Inter-Pacific Bar Association
      213 words
    • Article, Illustration
      Lock icon Fay will be caned but strokes reduced to 4 as a gesture
      410 2  -  By Chuang Peck Ming I Hi: GOVERNMENT i> going ahead to cane American Michael Fay for vandalism, but will reduce the strokes from six to four as a gesture to show that Singapore values its good ties with
      Reuter  -  410 words
    • Article
      US lawyer impressed with Jaya's defence
      250 2 AMERICAN lawyer Lee Kreindler felt the cane was excessive punishment for Michael I ay and said so when hewas invited to speak at the In-ter-Pacific Bar Association's annual conference here. But yesterday morning, after listening to Prof SJayakumar. he declared the Law Minister's defence
      250 words
    • Article
      All we ask is respect for our right to enforce law and order: Jaya
      563 2  -  By Anna Teo I ML ISSUF at stake in the Michael Fav case is whether nations are prepared to respect the right of each country to deal as it thinks best with its problems of crime,
      563 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Indonesia to cut import tariffs, simplify investment rules
      496 3 February trade surplus down 40pc to USs649m from last year Reuter JAKARTA Indonesia said yesterday that it plans to deregulate some trade and investment rules to help boost nonoil exports and lure more funds for its industries. "The government is working to
      Reuter  -  496 words
    • Article
      Lock icon Wage protest by workers in Java enters second day
      240 3 AP JAKARTA Thousands of factory workers protested for the second consecutive day yesterday, demanding that employers pay them the new gov-ernment-ordered minimum wage, labour activists said. Ms Sunarti, deputy chairwoman of the Indonesian Welfare Labour Union, said about 2,500 factory workers
      AP  -  240 words
    • Article
      Lock icon Taiwan investment team postpones visit to Indonesia
      174 3 Reuter JAKARTA A Taiwan business delegation has postponed a planned visit to Indonesia, possibly because of recent demonstrations in the Sumatran city of Medan, Antara news agency said yesterday. David Tzou, an official with the Taiwan representative office in Jakarta, was quoted as
      Reuter  -  174 words
    • Article
      SNS, Ayala in venture to set up Philippine electronic networks
      273 3  -  By Bernard Chew SINGAPORE Singapore Network Services (SNS) yesterday signed an agreement with Philippine industrial conglomerate Ayala Corporation to form a joint venture for setting up electronic networks in the country. SNS said the US$2.5 million (553.9 million) venture Ifdinet
      273 words
    • Article
      Lock icon Economists see 4.5pc Philippine growth in 1st qtr
      83 3 Reuter, AFP MANILA Improved power supplies have boosted the Philippine economy, with economists predicting first-quarter economic growth of at least 4.5 per cent against a negative 0.3 per cent in the first quarter of 1993. The government statistics office says first-quarter figures
      Reuter,; AFP  -  83 words
    • ASIA NOTES
      • Article
        Lock icon Bapindo official's trial to start May 16
        83 3 AFP JAKARIA —I he trial of a hank official implicated in a USS43O million (*****.5 million) hank fraud will start on May 16. the head of the South Jakarta court. Sujatman. said yesterday. Antara news agency quoted him as saying that Suparman. who
        AFP  -  83 words
      • Article, Illustration
        Lock icon Kim's cyst
        59 3 Reuter SEOUL This photograph of North Korean President Kim II Sung was published in South Korea's Jotmg-ang Daily Sews yesterday to show the size of a cyst at the back of Vlr Kim's head. I he image was taken from a ideo footage of Mr Kim shot by
        Reuter  -  59 words
      • Article
        Lock icon RTM axes BBC news programmes
        78 3 Reuter KUALA LUMPUR Malaysia's state-run television has cancelled the BBC" World News Service in a dispute over whether it can edit the British-produced programmes. Information Minister Mohamed Rahmat said yesterday. The British Broadcasting Corporation said last week it would stop supplying the news programmes to
        Reuter  -  78 words
      • Article
        Taiwan to sign tax pact with M'sia
        64 3 KUALA LUMPUR Taiwan is looking forward to signing a double taxation avoidance agreement with Malaysia to create a more favourable environment for its investors there. The Sanyang Suing Pan newspaper on Tuesday quoted Wu Hung-ch'i, an official in Taiwan's Ministry of Economic Affairs,
        64 words
      • Article
        Lock icon Japan's deregulation package
        47 3 Bloomberg Business News TOKYO A government deregulation package slated for June will rev ise rules governing import procedures, standards, certification and distribution, the Sihon Kcizai newspaper said yesterday. The package includes the abolition of laws barring the establishment of holding companies. Bloomberg Business News
        Bloomberg Business News  -  47 words
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      Page 3 Advertisements Column 1
      179 3 A Champion's Time. A Sincere Reward. TT *****.789. The Royal Oak Championship Edition in tantalum and steel. Dedicated to the sporting exploits of Nick Faldo. Extra-flat quartz movement, water-resistant to a depth oj 5 atm. Watchmakers. And those wise enough to purchase the golfing master's watch from one of the
      179 words
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      Page 3 Advertisements Column 2
      39 3 *7 v is --y Personal Finance and Merchant Banking mm xX a merchant bank can 1 I. H high performance with financial engtneermg, discretion andnavcpportumtia. I I I I I I London Luxtmkonrt Madrid -C BANQUE TORRENTE HAUTE COUTURE
      39 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Hongkong is second largest foreign investor in Indonesia
      361 4  -  Reports by Lim Soon Neo in HONGKONG HONGKONG, which has been relocating industries offshore to maintain its competitive edge, has emerged as the second biggest foreign investor in Indonesia. The territory's investment in Indonesia up to the first quarter of this vear
      361 words
    • Article
      HK threatened by rising corruption: Patten
      363 4 HONGKONG governor Chris Patten warned yesterday that the colony today was threatened again by a rising tide of corruption. "We have to wake up to the threat a resurgence of corruption would pose to the long-term prosperity and stability of Hongkong." he said at
      363 words
    • Article, Illustration
      Lock icon Protesting against a colleague's jail sentence
      64 4 AFP LONDON Chinese journalist NNai kwok Wong of the Sews Express holding a banner outside the Chinese embass) on luesdav. World Press Freedom Day, to protest against the 12->ear sentence handed down to Ming Pao journalist \i \ang b> the Chinese authoriti s. i
      AFP  -  64 words
    • Article
      Singapore's Liang Huat sets up mill with China firm
      258 4  -  By Sylvia Wong SINC.APORL Singapore firm Liang Huat Aluminium has tied up with a China state-owned company to set up the first aluminium-sheet rolling mill in Hang/hou city in Zhcjiang province. Liang Huat said yesterday the move was its first to
      258 words
    • Article
      Lock icon Taiwan president to offer loans during overseas trip
      251 4 Reuter TAIPEI President Lee Teng-hui set out yesterday on the first official overseas trip by a Taiwanese head of state in 17 years and will oiler loans totalling at least LSS6O million (SS93 million) to four of the island's diplomatic allies. The
      Reuter  -  251 words
    • Article
      Lock icon HK airport row may be solved soon: Lu Ping
      307 4 Reuter HONGKONG A Sino-Brit-ish dispute on funding Hongkong's new airport project could be solved soon after two years of stalemate. China's top official responsible for the colon) said. Lu Ping, speaking during his first isit to Hongkong since a related political
      Reuter  -  307 words
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      217 4 OF SUNDAY MAY 33 7:3OAM NATIOMAL STADIUM WIST ■NTKANCI CLOSIMO PATS FO« IKHUMt MAY 13 1 St CO€ intu""**' —Free Bus Shuttle on May 22: Near Gty Hal MKT station SWING 1 1 (North Bridge Road between Bros Basah Road and —Stamford Rood) from 6:1 Sam 7:lsam. Register personally at
      217 words
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      Page 4 Advertisements Column 2
      396 4 ICL presents a minitower PC rAI that makes AST, \.i/ucPlin MD/66 Compaq and IBM *gairs fl I m m Intel HO4X*I)X2/M1 look over-priced. rent mm >i erl trn r/ Just because vou're on a budget doesn't mean you ram (expandable have to compromise on quality. fo mm Not when you
      396 words
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  • REST OF ASIA
    • Article
      Lock icon Canberra to spend A$6.5b to boost industry, cut jobless rate
      541 5 Bloomberg Business News Reuter CANBERRA The Australian government will siphon otT the fruits of stronger-than-ex-peeted economic growth to help pay for a A 56.5 billion (557.2 billion) four-year spending programme to promote industry and cut the nation's double-digit jobless rate
      Bloomberg Business News; Reuter  -  541 words
    • Article
      Sri Lanka looks east to increase tourist arrivals
      280 5  -  By A J Leow SINGAPORE Sri Lanka's tourism authorities have begun to look east to boost isitor arrivals. "We have neglected the Hast in the past, but now we can't atTord to ignore its potential in terms of travel, business and investment
      280 words
    • Article
      Lock icon 60pc of Japanese firms think they are overstaffed: poll
      272 5 Reuter. AFP lOkYO rhree-fifths of Japanese companies think thev arc overstaffed. according to a survey reported yesterdav by Kvodo news agency. I he survey was carried out on behalf of the government's National Personnel Authority. It questioned the 1.052 companies registered
      Reuter.; AFP  -  272 words
    • Article
      Lock icon Australia's widening deficit a sign of longer-term growth
      250 5 Reuter SYDNEY Australia's current account deficit widened sharply in March but analysts yesterday said the breakdown contained some promising omens for longer-term economic growth. The seasonally adjusted deficit rose to AS 1.58 billion (551.75 billion) from AS 1.29 billion in March and
      Reuter  -  250 words
    • Article, Illustration
      Lock icon India's VSNL Euroissue said to be hurt by politics
      264 5 Reuter. AFP NEW DELHI I he postponement of the much-touted USSI billion (551.55 billion) Euroissue of India's overseas telecommunication monopoly Videsh Sanchar Nigam Ltd (VSNL) was as much political as market-driven, government insiders said on Tuesday. They told Reuters that India's
      Reuter.; AFP; Reuter  -  264 words
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      Page 5 Advertisements Column 1
      190 5 940 looks a year H ahead, and you can anticipate *****111 l I I I H being well rewarded for your *****11 l I I I I H efforts. Maybe even with divi- I I I I I I I SI I I I I dends that include a Volvo
      190 words
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  • THE WORLD
    • Article
      Lock icon Congress urged to endorse Gatt pact
      428 6 US cannot withdraw from the world, says Clinton Reuter ATLANTA Declaring the United States could not withdraw from the world. President Bill Clinton urged Congress on Tuesday to pass a global trade agreement this year. Speaking at a rally in Atlanta. Mr Clinton said
      Reuter  -  428 words
    • WORLD WATCH
      • Article
        Lock icon Kohl urges Hata to open markets
        57 6 Reuter BONN Chancellor Helmut Kohl, preparing to welcome new Japanese Prime Minister Tsutomu Hata this week, yesterday ealled for easier access to Japanese markets and more Japanese investment in Germany. Mr Kohl's spokesman urged Mr Hata's week-old government to carry through an economic stimulation
        Reuter  -  57 words
      • Article, Illustration
        Lock icon Unemployed multi-millionaire
        37 6 AFP ST DENIS. La Reunion Julien Ramsa. an unemployed father of 11, won the second biggest total on record in the French national lottery. His winning numbers netted him 55.6 million francs (5515.4 million). AFP
        AFP  -  37 words
      • Article
        Lock icon Dutch stocks likely to fall
        94 6 Reuter AMSTERDAM The crashing losses of the Christian Democrat party in Tuesday's Dutch general election signal a rough ride for investors as the four main parties vie for a role in a new coalition, independent economists said. Dutch stocks and bonds were likely to fall
        Reuter  -  94 words
      • Article
        Lock icon Fall in repossession of homes in UK
        90 6 Bloomberg Business News LONDON The number of court orders permitting mortgage lenders to repossess homes has dropped 56 per cent from its 1991 high, the Lord Chancellor's Department said. The court orders granted in the first quarter of 1994 fell to 17.522. down
        Bloomberg Business News  -  90 words
    • Article
      Lock icon ANC unveils radical market reforms for S African farming
      342 6 Reuter JOHANNESBURG The ANC. winner of South Africa's historic elections, unveiled a radical market-based agricultural policy yesterday to promote competition in farm produce while putting more blacks on their own land. "We firmly believe that market principles should determine prices." African
      Reuter  -  342 words
    • Article
      Lock icon US House and Senate agree on budget plan
      236 6 AP WASHINGTON House and Senate negotiators reached agreement on Tuesday on a new budget plan containing USSI3 billion (5520.2 billion) more in spending savings over the next five years than the White House had favoured. The compromise agreement marked a partial victory
      AP  -  236 words
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      Page 6 Advertisements Column 1
      784 6 JL Jit THE UNIVERSITY OF HULL England 1927 Q"OV£R 100 OMs, MOs, CEOs ALREADY IN THE PROGRAMME!" "ONE OF THE MOST ESTABLISHED IH SINGAPORE" MBA E First to offer TQM and a Systems Approach to Creative Problem Solving the management philosophy of the 1990s First to offer Entrepreneurship and Project
      784 words
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      246 7 IHH 99 I have the prime advantage. Obviously, this man has got something very should he need additional funds, he can powerful. An influential uncle somewhere, apply for a Personal Loan for up to $50,000* perhaps at preferential rates. No, but something just as useful. PRIME That's not all. PRIME
      246 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Test not over for Rabin and Arafat
      934 8 Towards Palestinian self-rule Newsday CAIRO Yesterday's IsraeliPLO agreement will launch Palestinian self-rule in parts of the Occupied Territories and severely test the ability of Prime Minister Yitzhak Rabin and Chairman Yasser Arafat to control what may be its unpredictable consequences. For most Israelis
      Newsday; Reuter  -  934 words
    • Article
      Lock icon Agreement signifies a victory for mutual self-interest
      708 8 Peace possible because Palestinian, Israeli leaderships faced up to reality AP THL ISRA L LI-Palestinian agreement signed yesterday in Cairo means that the Middle Last peace process is going to be implemented despite all attempts to derail it. It is a v ictorv
      AP  -  708 words
    • Article, Illustration
      Lock icon PLO chief faces flak over de facto Cabinet line-up
      353 8 FT JERUSALEM Palestine Liberation Organisation chairman Yasser Arafat is likely to face a storm of controversy among Palestinians in the Occupied Territories over his appointments to the Palestinian National Authority. Details of Mr Arafat's provisional list for the 24-member authority, which
      FT  -  353 words
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      300 8 rot.l I Ki:r. Tl I. N<» 1-800-741-1883 lAX 741-1298 Jil Ik ANA HOTELS k SINGAPORE LTD. II (Incorporated in the Republic of Singapore) NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of ANA Hotels Singapore Limited will be held in the Connaught Room, ANA Hotel
      300 words
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  • SPORTS
    • Article, Illustration
      Lock icon Ballesteros resigns from Ryder Cup committee
      519 9 Golf AP. Reuter MADRID. Spain Scvc Ballesteros announced his resignation on Tuesday from the 1997 Ryder Cup Committee, saying his open support for one of the venues in his native Spain made it impossible for him to continue. The fiery Spaniard, who helped land
      AP.; Reuter  -  519 words
    • Article
      Lock icon Chicago Bulls sweep first round
      694 9 NBA play-offs AP CHICAGO The Chicago Bulls did again what they have done on the way to three straight National Basketball Association championships sweep their first-round play-ofY series while the Miami Heat are close to winning a series for the first time. Scottie Pippen sank
      AP  -  694 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon American Football
        69 9 Rcuter NKW YORK Jimmy Johnson may no longer be coach of the Cowboys but he is still picking Dallas to win a third consecutive Super Bowl. "They've won it the last two years, no reason why they shouldn't win it again." Johnson said on Tuesday at a news
        Rcuter  -  69 words
      • Article, Illustration
        Baseball
        67 9 NKW YORK Major I.eagiK' Tuesday National: Chicago 2 Cincinnati 5: Montreal 4 LA 10: Philadelphia 3 San Diego 8; Atlanta 3 Florida 6; NY 5 SF 6; Pittsburgh 4 Houston 7; Colorado 10 St Louis 1. American: Detroit 2 Texas 7; Boston 7 Seattle 6: Kansas City 0 Toronto
        67 words
      • Article, Illustration
        Lock icon Basketball
        88 9 Reuter NKW YORK NBA first-round play-offs Tuesday hastern Conference: Miami 90 Atlanta 86 (Miami leads best-of-five series 2-1): Cleveland 92 Chicago 95 (OT) (Chicago wins 3-0). Western: Portland 118 Houston 115 (Houston 2-1); Utah 105 San Antonio 72 (Utah 2-1). NKW YORK Chris Webber of the Golden State Warriors
        Reuter  -  88 words
      • Article, Illustration
        Lock icon Cycling
        59 9 AFP WILMINGTON, Delaware Three-time Tour dc France winner Greg LcMond. reigning world road race champion Lance Armstrong and Mexico's Raul Alcala lead a field of 112 riders in the Tour DuPont which began here yesterday. The 12-day race spans 1.680 km along the eastern US. Cyclists from 19 nations
        AFP  -  59 words
      • Article, Illustration
        Lock icon Golf
        60 9 AFP INDIANAPOLIS, Indiana Australia's Greg Norman ran away with a USS2O.OOO (SS3I.OOO) top prize here inside the Indianapolis Motor Speedway, but The Shark never set foot on the asphalt. Norman christened the new championship golf course in and around the facility by firing a four-under par 68 on Monday
        AFP  -  60 words
      • Article, Illustration
        Lock icon Ice hockey
        30 9 AP NKW YORK Stanley Cup Fastern Conference semifinals luesday: NY Rangers 5 Washington 2 (NY leads best-of-seven scries 2-0); New Jersey 5 Boston 6 (OT) (Boston 2-0). AP
        AP  -  30 words
      • Article, Illustration
        Lock icon Soccer
        88 9 AFP HONGKONG Fifa president Joao Havclangc will attempt to make peace between World Cup rivals Japan and South Korea at the Asian Football Confederation congress next week. Peter Valappan. general secretary of the AFC. said yesterday that ending acrimony between the two over hosting Asia's first World Cup finals
        AFP  -  88 words
      • Article, Illustration
        Lock icon Tennis
        47 9 AFP JAKARTA The Jakana clay courts are too hot for the South Korean tennis team that must take on Indonesia in the Davis Cup this weekend. South Korean team captain Kim Choon Hoo said his side had a "50-50" chance of beating the home team. AFP
        AFP  -  47 words
    • Article, Illustration
      Lock icon Wheels of the desert
      61 9 AFP MEIJILLONFS, Chile The Camel Trophy convov of Rover Discoveries leaving a trail of dust on Monday as it crosses the barren Atacanna Desert in northern Chile. Teams from 18 countries set out on an epic 2.500 km drive from Argentina on April 18 and were
      AFP  -  61 words
    • Article
      Equestrian event rounds up region's star riders
      363 9  -  By Juliette Walker SINGAPORE The second Concord Equestrian International begins tomorrow at the Singapore Polo Club (SPC). rounding up some of the region's best horseback riders for the dressage and show jumping competition. Thomas Bain, general manager of the SPC. said 108 participants
      363 words
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      Page 9 Advertisements Column 1
      177 9 HOW THE SWISS HAVE THE BEST TIME We all know that the Swiss have a reputation for time out to enjoy our Beef and Seafood Fondues, as knowing about time. They also know how to spend it. well as unlimited helpings from our salad bar, is And now at Le
      177 words
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      Page 10 Advertisements Column 1
      1084 10 pa Nothing Beats A Bud. where to wine, dine and entertmn OF FRESPfI .PASTA DAI LY. W From Pasta Fresco. The only restaurant to make its own specialty pasta. Fre,h everyday. Savour perfect pizza, great gelati and terrific tiramisu. All topped with Italian hospitality. Poito Fmca Da Solvoton Ptt ltd
      1,084 words
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      Page 10 Advertisements Column 2
      369 10 ra r =~»tS1 fancy 'Beijing? Then, we're delighted to suggest tfie Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian 'Beijing dumplings, a selection of set menus, and "Beijing specialities such as 'Beijing Vucfi, 'Bafgd Tench and HBS®*! Marinated Lamb. Jancy some now? R^WraY?
      369 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Lovett or leave it
      1302 11  -  Mary Blume speaks to Lyle Lovett the visitor from country music Mary Blume IHT AS ANYONE: south ot" Ultima Thule must surely know, Robert Altman is shooting a film in Paris called Pret-a-Por-ter which centres on the fashion trade and stars almost everyone, including Julia Roberts
      IHT  -  1,302 words
    • Article, Illustration
      Lock icon Burning desire to kiss George
      535 11 CHATTERBOX AP Reuter UPI UPI AP A WOMAN born on the same day as comedian George Bums flirted with her fellow 98-year-old and was rewarded with a kiss. Elizabeth Ormes met Burns on Sunday before a show in Cincinnati. She gave him some candy cigars
      AP; Reuter; UPI  -  535 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      149 11 w K Shark's Fin Soup, Sauteed Crystal Prawns, Deep Fried Soon Hock and Supreme Lobster Salad. Just a few of the superb Cantonese delights to tempt your tastebuds that you'll find on our special dinner menus. There are four different menus to choose and they start from just $128*\ To
      149 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1290 11 TV RADIO I Dick Tracy, 8.30pm, SBC 5 Warren Bcatty makes a passive Dick Tracy, torn between Tess Trueheart (Glenne Headley) and Breathless Mahoncy (Ma- Jk,. donna singing Stephen Son- j N*>* -odheim). Villains like Mumbles (Dustin HotTman) and Big Boy (Al Pacino) brighten the film. And with its bright
      1,290 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Relax! Let the car do the steering
      714 12  -  Technological advances from Daimler-Benz herald the cars of the future. Juliette Walker took a peep at two of them on her recent visit to Stuttgart. Juliette Walker I MAG IN I: speeding in a van down a German autobahn at 1(X) kph while
      714 words
    • Article
      An electric car without a battery? What?
      419 12 DON' I he so surprised. It's now a reality. Last month. Germany's Daimler-Benz launched a New Electric Car or Necar at its Ulm Research Centre in Germany. Crammed with machinery. the MB ISO van looks as though it could, at the very least,
      419 words
  • Page 12 Advertisements
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      527 12 SWW MR «WI«fMAYM e 7»3QAM WMIOmi ITADWOIWMT MHIANCI JBBI AND WALK AWAY WITH =g .~,'—OVER $150,000 WORTH OF PRIZIS. CATEGORY Men's Men's Men Women's Women's Women Open Junior Veterans Open Junior Veterans (No age (20yrs& (40>oA (No age (20yrs& (35yrs& M k*M abate) M beU) abo«) Team Entry fui« d
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      Page 12 Advertisements Column 2
      294 12 "BY MEETING LIKE-MINDED PEOPLE, WE CAN COMPLEMENT EACH OTHER'S BUSINESS." Rachel Swee (Entrepreneur of the Year 1989) 9 Your corporate success is determined by mm RmtoStlitmw" Ready People has been tried, tested and effective Human Resource Management. A A improved upon to ensure greater efficiency and While our corporate aim
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  • THE LAW PAGE
    • Article, Illustration
      Mediation a more amicable way of resolving disputes
      863 13  -  An ex-CJ considers this flexible form of resolution attractive to commercial interests, reports Ramesh Divyanathan Ramesh Divyanathan Mediation as opposed to arbitration and litigation is another avenue for resolving disputes in the commercial arena, says a former Australian chief justice. Sir Laurence
      863 words
    • Article
      Lock icon Court rejects author's libel suit against New York Times
      559 13 NYT A THREE-JUDGE federal appeals panel in New York, changing its mind about the standard that should be applied to determine whether literary criticism is defamatory, on Tuesday threw out an author's libel suit against The New York l imes. The
      NYT  -  559 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      2129 13 SEAPOWER ASIA INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) COMPANY ANNOUNCEMENT The Board of Directors in pleased lo announce the following unaudited results of the Group and the Company for the year ended 31 March 1994 GROUP COMPANY 31.3.94 31 J. 93 31 J. 94 31-3.93 $'000 $'000 $'000
      2,129 words
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  • Article
    Judgement day for Major
    531 14 EDITORIAL THE elections in Britain today to decide who should run most of its town halls are not about who should be in charge of the country. At least, that's the theory. But in practice. the result will be a verdict on the government. And maybe
    531 words
  • WHAT THE OTHERS SAY
    • Article
      Man-sized job for Mandela
      158 14 THE REAL TEST of Nelson Mandela's statesmanship is only just beginning. How he acquits himself as president of South Africa will have an impaet even beyond his country's borders: the rest of a tragically strife-ridden continent is looking to post-apartheid South Africa to set an example
      158 words
    • Article
      Family support is the key
      152 14 THE Malay-Muslim community should be proud of the sterling performance of its two first-class honours graduates Mohd Aedit Abdullah in law and Noraini Mohd Hanifah Rafee in business administration. Such an achievement was unimaginable a decade ago. But today more and more Malays not only
      152 words
    • Article
      North Korea must open up
      215 14 ALTHOUGH the suspicion over North Korea's nuclear arms cannot be overlooked, countries dealing with Pyongyang seem to lack the new perspective and dynamism that has sprung up following the end of the Cold War. The ultimate solution to North Korea's problems seems to lie in
      215 words
    • Article
      Safe to go home now
      151 14 NEARLY 20 years after their war ended. Indochinese refugees continue to tax the conscience and resources of other nations. A generation after the communists captured Vietnam. Cambodia and Laos, refugee camps dot South-east Asia. The existence of these camps, and the people in them, sorely
      151 words
    • Article
      Building a new South Africa
      169 14 SOUTH AFRICA is moving into uncharted territory after years of white domination. It is quite clear that there must be cooperation, and white domination should not be replaced with black domination. It is to Mandela's credit that he has recognised this when he called for
      169 words
    • Article
      Scrap this road project
      157 14 LOCATION, location, location. That's the mantra retailers like to recite. And in these days of traffic gridlock, the ideal location is next to a freeway exit. Some commercial interests in Bangkok, however, seem to believe that if they can't build their business next to a freeway,
      157 words
  • Article, Illustration
    Whiplash in emerging markets
    1168 14 International Business II eek correspondents report that tighter money is reining in speculation and has bond prices plunging WHLN Brazil completed a deal to restructure USSS2 billion (SSSI billion in foreign loans on April 15. many observers were a little too quick to pronounce the end
    1,168 words
  • Page 14 Advertisements
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      331 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 THE COMPANIES ACT. C AP 50 CAPRICORN FAR FAST PTF I.TD I In Voluntary l iquidation) SPECIAL RESOLUTIONS PASSED ON 25 APRIL IW4 At jn Extraordinary General Meeting of the company held at Vil-C Balestier Road Singapore *****a2S Apnl 1V94 the following special
      331 words
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      Page 14 Advertisements Column 2
      154 14 IN THE MATTER OF THE COMPANIES ACT, CAP SO AND M THE MATTER OF CON2NC ASIA (SINGAPORE) PTE LTD (M VOLUNTARY LIQUIDATION) (MEMBERS'VOLUNTARY WINDNG-UP) NOTICE »h»«by givan fiat Y» traders at N ato*«named Company which ber>s around uc »ajruni> a* isquiad cr a belar* S Jtft* 1994 to sand in
      154 words
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      Page 14 Advertisements Column 3
      382 14 NOTICE IS lIERIiBY GIVEN that, I Sng Boon Chye of Blk 127, #03-1879 Ang Mo Kio Ave 3 Singapore 2056 have appl icd fora Wholesale Liquor Shop Licence Retail Liquor Shop Licence in respect of premises at M/S Sng Wines Spirits at Blk 809, #03-190, French Road Singapore 0820, and
      382 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      76 14 i just Rcpd tmc yve £>££m e>RpoNu)PisweD 8y i rcvN-T fVIIP.VC \T Firpo'S House -rue gstrbushmcmt.... I u*N DfcXfe joORNPi- FRonn cxyeß WSP APEBS LTD IM2-IM4 fow-Qk °KQ| DOONESBURY GARRY TRUDEAU SO rrsvuje... M ArTA WONZOF I UMI, IGU&SI iOURBALLY WAITA U IC )U?MZ. 6H5 HSARP MR HEARP ABOUT U,
      76 words
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  • ANALYSIS
    • Article, Illustration
      A retreat aimed at a swifter Afta advance
      1347 15  -  Malaysian Minister for International Trade and Industry Rafidah Aziz hosted an informal retreat of Asean economic ministers two weekends ago. Yang Razali Kassim met her at her Kuala Lumpur office the day after to find out what happened at the closed-door ministerial
      1,347 words
    • Article, Illustration
      Frank and forthright talk without the formality
      1530 15 BUSINESS TIMES: What is the origin of the informal retreat? MRS RAFIDAH: When we have our structured meeting every year, the agenda is already set. We don't have enough time to discuss in-depth the long-term vision for Asean. So when we met last
      1,530 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      100 15 P |L rom now till 15 May 1994 enjoy this regal, culinary treasure at Singapore's premier Chinese Seafood Restaurant. For only a limited period, Wang Jiang Lou is offering "Monk Jumps Over The Wall" including a complete four-course meal and a beautiful souvenir H ceramic container for only $48++ per
      100 words
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  • Article, Illustration
    Lock icon Israel, PLO sign historic peace pact despite last-minute hitch
    526 16 CAIRO Israel and the PLO. overeoming a dramatic lastminute hitch, signed a historic agreement yesterday giving Palestinians in the occupied West Bank and Gaza Strip their first measure of freedom since the 1967 Middle East war. PLO leader Yasser Arafat threw
    AFP  -  526 words
  • Article
    Lock icon Wages in Asian NIEs less than half that of US
    127 16 AFP TOKYO Wages in Asia's newly industrialised eeonomies (NIEs), such as Hongkong, Singapore, South Korea and Taiwan, were less than half the wages in the United States in 1991, an official report released here yesterday showed. Manufacturing sector wages in
    AFP  -  127 words
  • Article
    Lock icon Clinton may withdraw MFN status from China if more progress on human rights not made
    526 16 AFP, Bloomberg Business News ATLANTA President Bill Clinton said on Tuesday he may refuse to renew China's most favoured nation trading status if Beijing does not make more progress on human rights in the coming
    AFP,; Bloomberg Business News  -  526 words
  • Article
    US move to link loans to spending on social projects faces opposition
    489 16  -  Annual meeting ot the Asian Development Bank From by S N Vasuki in NICE CHINA, India and Indonesia, three of the Asian Development Bank's largest borrowers, yesterday indicated that they were strongly opposed to an American proposal that
    489 words
  • Article, Illustration
    Lessons from India's Euroissue fiasco
    799 16  -  The Bottom Line VIKRAM KHANNA VIKRAM KHANNA The writer is BT's Regional Eeonomies Editor AFTER all those roadshows in the financial capitals of the world, what does one make of the USSI billion (SSI.S billion) overseas stock offering by India's telecommunications monopoly Videsh Sanchar Nigam
    799 words
  • Article
    Lock icon Europe's most costly, controversial fighter jet makes debut
    250 16 AP PRESTON, England Europe's most expensive and controversial fighter jet made its debut yesterday hoping to capture a chunk of the highly competitive world market from its American, Russian and French rivals. The Europe Fighter 2000 a cooperative venture between Britain, Germany,
    AP  -  250 words
  • Page 16 Advertisements
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      83 16 ^};'&{"}<;`?:,\%?-`^_}}^_!.~':\ All Wonderful Deserve I Mother's Day 4&Q* (FOR io persons) Special Steamed Red Fish in Lobster Salad Fresh Prawn with Soya Sauce with Fresh Fruits Salted Pepper Seafood Vegetable Shark's Fin with Emperor Chicken with Mushroom Crab Meat Sea Cucumber with Shredded Meat with Mushroom Noodle JT Hon ®y
      83 words
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      Page 16 Advertisements Column 2
      5 16 Towards Palestinian self-rule, Pg 8
      5 words
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      Page 16 Advertisements Column 3
      265 16 11 mti le&pr U'JJ Introducing... THE AIRLINE TIMETABLE THE NEXT BEST THING TO AN IN-HOUSE AIRLINE TICKETING AGENT STARTING JUNE, with THE AJRUNE TIMETABLE, you can dispense with calling up your travel or ticketing agent to ask about flight details. No matter how helpful they may be, it often takes
      265 words
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  • COMPANIES & MARKETS
    • Article
      Former Setron MD stuns EGM with court injunction
      339 17  -  From Ho Kay Tat in KUALA LUMPUR THE former managing director of Malaysian trading firm Setron stunned a shareholders* meeting yesterday when he produced a court injunction to stop the proceedings. Shareholders had gathered for an extraordinary general meeting convened to vote
      339 words
    • Article
      Seapower incurs 20pc fall in earnings
      374 17  -  Property and insurance firm warns of more losses this year By William Chia SINGAPORE Property and insurance company Seapower Asia Investments has reported a 20 per cent fall in group earnings to 52.7 million for the vear to March 31, 1994. The company, which
      374 words
    • Article
      Worldwide plans to issue bonds, fewer shares
      372 17  -  From Ho Kay Tat in KUALA LUMPUR WORLDWIDE Holdings Bhd said yesterday that it was revising a cash call plan by issuing fewer shares and at a lower price than earlier planned, citing the prevailing weak stock market as a reason for the
      372 words
    • Article, Illustration
      Lock icon Analysts are dooming Wing Tai's takeover offer to failure
      1002 17  -  By Amv Balan SINGAPORE The Yeo Hiap Seng saga continues. Now the rival Yeo faction opposing chairman Alan Yeo and his allies wants to buy him out. In last night's statement, it asked Alan Yeo to step down and make way
      Source: Bridge Info  -  1,002 words
    • Article, Illustration
      Intraco plans to set up more offices in India, Myanmar
      400 17  -  By Juliette Walker SING.\I*ORL Local trading group Intraco is planning to set lip more overseas offices in countries like India and Myanmar to take advantage of investment and trading opportunities in the AsiaPacific region. In the 1993 annual report, chairman
      400 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        48 17 Uncertain Market Mood indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Overnight events may alter sentiment Brokers polled Alliance, Barings. Daiwa, Fraser. GK Goh Kay Hian. Morgan Grenfell. Ongco. Phillip fat Lee. Smith \ew Court. 11/ Can and SG W arburg
        48 words
      • Article, Illustration
        HOT STOCK
        139 17  -  By Quak Hiang Whai Marco Polo Developments has had a fair share of upward movement in the last two months and appears ready for profit-taking. The stock lost 8 cents yesterday to close at 52.05. It is critical that support at $2 holds, as the stock is at
        139 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          FCC appoints new director
          67 18 SINGAPORE Property developer First Capital Corp yesterday announced it had appointed Billy Lee Beng Cheng a director front May I. Mr Lee, with Lai Chun Loong. are the representatives ol Sembawang Corp on the FCC board. I CC also announced that former Sembawang director Ng Pock
          67 words
        • Article
          Pacific Carriers unit ceases operations
          31 18 SINGAPORE Freight company Pacific Carriers said yesterday its wholly-owned subsidiary Pacific Carriers (UK) had ceased operations with immediate elTect. PCL (UK) is now a dormant company.
          31 words
        • Article
          Transpac appoints directors
          19 18 SINGAPORE Investment holding company Transpac Industrial Holdings has appointed Krishnan Menon and Galeazzo Scarampi independent directors.
          19 words
        • Article
          Lock icon Manila court bars lottery contract
          58 18 AFP MANILA The Philippine Supreme Court here on Tuesday upheld a ruling preventing an affiliate ot Malaysia's Berjaya Group from operating a computerised lottery system. The court said the eight-year contract entered into between the government's Philippine Charity Sweepstakes Office and the Philippine Gaming Management
          AFP  -  58 words
        • Article
          Lock icon San Miguel plans to sell HK property
          40 18 Reuter MANILA San Miguel Corp. the Philippines' largest food and beverage conglomerate, said its Hongkong subsidiary is considering selling its property in Sham Tseng and will be seeking bids from interested parties- Reuter
          Reuter  -  40 words
        • Article
          Lock icon Manila firm boosting capital stock
          71 18 AFP MANILA Newly-privatised Paper Industries Corp of the Philippines (Picop) said it was boosting its capital stock by 361 per cent to 6.1 billion pesos (***** million) and was planning projects in Indonesia and Malaysia. Picop. one of the largest integrated wood-based groups in South-east
          AFP  -  71 words
        • Article
          Lock icon Suzuki, Salim to form Vietnam venture
          46 18 Bloomberg Business News TOKYO Suzuki Motor Co. the world's third largest motorcycle producer, and the Salim group of Indonesia have agreed to form a joint venture to manufacture motorcycles in Vietnam, said the Nihon Kcizui newspaper. Japan's leading financial daily.
          Bloomberg Business News  -  46 words
      • Article
        Thai-Chinese tie-up to tap regional oil market
        417 18  -  From Loh Hui Yin in BANGKOK A THREE-WAY partnership between the state oil companies of Thailand and China, and Thai conglomerate Charoen Pokphand is venturing into the regional oil market, a move which could pose a challenge to the international oil companies. PetroAsia
        417 words
      • Article, Illustration
        Lock icon Ramos turns down foreign offers to buy Philippine Airlines
        213 18 AFP MANILA President Fidel Ramos has rejected oilers from Malaysia and Brunei to buy part of Philippine Airlines (PAL) because he wants the national flag-carrier to remain in hilipino hands, a source close to the president says. Mr Ramos had rejected
        AFP  -  213 words
      • Article
        Thai to head Wah Chang's business in Thailand
        288 18  -  From Loh Hui Yin in BANGKOK SINGAPORE'S Wah Chang group, a major property developer and long-time investor in Thailand, has recruited a Thai to head its growing business here. Joti Bhokavanij. formerly managing director of East Asiatic in Thailand, is now president
        288 words
      • Article
        Lock icon Merrill Lynch named lead underwriter for Indosat's NY listing
        495 18 Reuter JAKARTA Indonesia said yesterday it has named Merrill Lynch lead underwriter for the New York listing of state-run international telecommunications firm Pr Indosat. a move likely to open the door to Indonesia's lucrative network. "We have appointed Merrill Lynch as
        Reuter  -  495 words
      • Article
        Leader gets nod to proceed with US$30m China tie-up
        253 18  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA'S biggest cable manufacturer. Leader Universal Holdings Bhd. said yesterday that it had been given the green light by the Chinese authorities to proceed with a USS3O million (SS46 million) joint venture to make
        253 words
      • Article
        Lock icon Malaysian group puts in highest bid for Philippine steel firm
        231 18 AFP MANILA A consortium led by Magnum Guernsey of Malaysia submitted the highest bid yesterday for control of National Steel Corp. but the Philippine government has yet to accept the tender, the bid committee said. Exchange Capital Corp, 70 per
        AFP  -  231 words
      • Article
        Lock icon HK ceramics firm denies rival's claim of inaccurate prospectus
        335 19 Bloomberg Business News HONGKONG Interform Ceramics Technologies has denied allegations made by rival Siu-Fung Ceramics Holdings that its prospectus for listing new shares on Hongkong's stock exchange was inaccurate. Siu-Fung on Tuesday charged Interform with failing to disclose two of its
        Bloomberg Business News  -  335 words
      • Article, Illustration
        Lock icon Kerry Packer bets on casino, horse-racing
        290 19 Reuter SYDNEY Australia's richest man Kerry Packer has won and lost fortunes at casinos and racetracks around the world and he could hit the jackpot this week with big casino and Asian horse-race broadcasting contracts. The Casino Control Authority of New South Wales will
        Reuter  -  290 words
      • Article
        Lock icon HB Int'l IPO 2.87 times subscribed
        170 19 Bloomberg Business News HONGKONG Telecommunication equipment maker HB International Holdings said its initial public offering of shares in Hongkong was 2.87 times subscribed. The company said it received 254 valid applications for a total of 290.34 million shares, for the 101.25 million shares it
        Bloomberg Business News  -  170 words
      • Article
        Lock icon How a man in drag has been a blessing to Murdoch
        316 19 Reuter SVDNhV Attempts to pin down exactly how much Rupert Murdoch's News Corp Ltd earned in the third quarter have been frustrated by one ambiguous factor, and her name is Mrs Doubtfire. "That's the wild card." said one Sydney-based
        Reuter  -  316 words
      • Article
        Lock icon China Investments posts profit of HK$34.8m
        190 19 Bloomberg Business News HONGKONG Real estate investment and construction company China Investments Holdings yesterday said net profit was HKS34.B million (556.9 million) for the fiscal year ended Dec 31, 1993. The company reported a HKS2.4 million net profit for the nine months ended Dec
        Bloomberg Business News  -  190 words
      • COMPANY BRIEFS
        • Article
          Lock icon Keck Seng profit falls 46pc
          100 19 Bloomberg Business News HONGKONG Real estate company Keck Seng Investments (Hongkong) said net profit fell 46 per cent to HK563.9 million (SSI2.X million) in the fiscal year ended Dec 31, from HKSI 1K.9 million in the year earlier period. The company said its earnings per
          Bloomberg Business News  -  100 words
        • Article, Illustration
          Lock icon Charged-up ambition
          40 19 Reuter KWANGMYUNG. South Korea Kia Motors demonstrating a state-of-the-art electric car at its Bohari plant, south of Seoul. The company aims to be one of the world's top 10 car makers by the end of this centurv. Reuter
          Reuter  -  40 words
        • Article
          Lock icon UK capital firm proposes flotation
          87 19 Reuter LONDON Intermediate Capital Group pic, a buy-out financing company formed in early 1989, said it planned a flotation by way of a placing and intermediaries ofler. The group had underwritten or provided more than £330 million (***** million) of intermediary capital and lent a
          Reuter  -  87 words
        • Article
          Lock icon China market law unlikely this year
          88 19 Reuter SHANGHAI China's planned securities law is bogged down in debate and is unlikely to be passed this year unless the country's legislative programme is drastically altered, the China Securities newspaper reported. The eighth draft of the law has been revised four times already
          Reuter  -  88 words
        • Article
          Lock icon Electrolux buys AEG appliance unit
          98 19 Bloomberg Business News FRANKFURT AEG Daimler-Benz Industrie, the electrical engineering unit of Daimler-Benz, said Sweden's Electrolux agreed to pay 730 million deutschemarks (***** million) for AEG's household appliance business. A final agreement was reached yesterday. AEG said in a statement. AEG originally announced it would
          Bloomberg Business News  -  98 words
      • Article
        Lock icon Kodak to sell non-core units and focus on pictures
        444 20 NYT NtW YORK Largely abandoning forays into pharmaceuticals, household products and medical tests, the new leader of the Lastman Kodak Co announced on Tuesday that he would adopt the strategy George Lastman formulated over 100 years ago and concentrate on pictures.
        NYT  -  444 words
      • Article
        Lock icon Bayer may buy Kodak unit's OTC business
        127 20 Reuter LEVERKUSEN. Germany Bayer said it is considering acquiring the over-the-counter medicines business of Eastman Kodak unit Sterling Winthrop. "Bayer... will examine the possibilities of acquiring the self-medication business of US Eastman Kodak subsidiary Sterling Winthrop." Bayer said in a statement. Kodak said
        Reuter  -  127 words
      • Article
        Lock icon American Brands sees profit of US$500m from unit's sale
        386 20 Reuter STAMFORD, Connecticut American Brands Inc expects the US$l billion (SS 1.55 billion) sale of its American Tobacco unit to BAT Industries Ltd to yield a gain of about USSSOO million, its chief executive officer said on Tuesday. The one-time gain,
        Reuter  -  386 words
      • Article, Illustration
        Lock icon The rosy — and unaudited — picture of Media Vision
        591 20 The rosy and unaudited picture of Media Vision MARKET NYT NEW YORK Sometimes, it is risky to believe a profit number before the auditors get through with the books. That is one lesson from Media Vision Technology, a onetime high-flier and institutional favourite that collapsed this year. From a peak
        NYT  -  591 words
      • Article
        Lock icon US healthcare industry speeds up merger as competition heats up
        303 20 Reuter NEW YORK The US healthcare industry is proceeding full speed with mergers and alliances designed to make the major companies viable players in a more competitive environment. An alliance between Pfizer Inc and Value Health Inc as well as
        Reuter  -  303 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon M'sian interest rates to rise in 2nd half of year, say analysts
        472 22 Reuter KUALA LUMPUR Interest rates in Malaysia, now at a five-year low, should begin rising in the second half of the year as the central bank tries to put a lid on intlation. analysts and economists said yesterday.
        Reuter  -  472 words
      • SMALL CHANGE
        • Article
          Lock icon Carr Indosuez's US$100m China fund
          72 22 Reuter HONGKONG Carr Indosuez Asia said yesterday it planned to raise a US$lOO million (SSISS million) telecommunications fund for direct investment in China before the end of the year. "What we propose to (investors) is a more focused approach which is basically linked to one
          Reuter  -  72 words
        • Article, Illustration
          Lock icon A piece of Presley
          65 22 Reuter LOS ANGELES Elvis Presley's personal American Express card being displayed during a press preview here on Tuesday. The card is expected to bring about US$B,OOO (S$ 12.400) when it is put up for auction in Las Vegas from June 18 to 19 by Butterfield Butterfield.
          Reuter  -  65 words
        • Article
          Lock icon Interpac profit up 8.8pc to 13.5b rupiah
          74 22 AFP JAKARTA A listed joint venture bank. PT Inter Pacific Bank (Interpac), last year registered an 8.8 per cent rise in net profits, although gross revenues dipped by 7.5 per cent, the bank said here yesterday. In an audited financial statement published in
          AFP  -  74 words
        • Article
          Lock icon S Korean banks can buy back shares
          76 22 Knight-Ridder SEOUL South Korean banks will be allowed to establish funds to buy back up to 5 per cent of their own shares in the open market, the Office of Bank Supervision said yesterday. The news sent bank shares soaring in trading yesterday.
          Knight-Ridder  -  76 words
      • Article
        Lock icon Lloyd's aims to allow trading of members' rights to participation
        416 22 Bloomberg Business News LONDON Lloyd's of London has announced a programme which aims, in effect, to create tradable securities out of members' participation in the insurance market. A consultative report published on Tuesday entitled: Value at Lloyd's, explains how the
        Bloomberg Business News  -  416 words
      • Article
        Lock icon World oil demand may rise by 15pc
        260 22 Bloomberg Business News HOUSTON Worldwide oil demand may increase by as much as 15 per cent after the year 2000. the secretary-general of the Organisation of Petroleum Exporting Countries said on Tuesday. Dr Subroto also said rising oil prices is the result of
        Bloomberg Business News  -  260 words
      • Article
        Lock icon Taiwan life insurers' profits hit record high
        176 22 AFP TAIPEI Taiwan's 28 life insurance companies posted a record NTS 18.02 billion (SSI .l million) in hook surplus for 1993. a 57.51 per cent jump over the previous year, the Commercial Times said yesterday. Citing statistics compiled hy the Taipei Life Insurance
        AFP  -  176 words
      • Article, Illustration
        Lock icon REGIONAL CURRENCY REPORT
        6 22 Charts by TeleTrac
        Charts by TeleTrac  -  6 words
      • Article
        Lock icon London
        280 22 Bloomberg Business News LONDON The dollar rallied up to 2 per cent from a six-month low against the mark as the Federal Reverve, the Bundesbank and at least 10 other European central banks, acting in concert, bought the US currency to halt its recent sharp decline. Shortly before 1:30
        Bloomberg Business News  -  280 words
      • Article
        Oil futures prices rise on inventory data, Saudi prices
        163 22 Bloomberg ENERGY REPORT LONDON Oil futures prices were boosted yesterday in London and New York by a drop in US erude and gasoline inventories and a larger-than-expected increase in Saudi official prices, brokers said. On Tuesday night, the American Petroleum Institute
        163 words
      • Article
        Lock icon New York
        147 22 Bloomberg Business News NEW YORK The dollar rallied against the Deutsche mark and the yen yesterday morning after the New York Federal Reserve Bank and more than 10 European central banks bought the US currency to stem its recent slide. Federal Reserve traders started buying dollars for yen
        Bloomberg Business News  -  147 words
      • Article, Illustration
        Untitled
        1710 22 /ort'-iuviffon/ mtk uihiilunil aituimt S'pure'x hi' H irailiiiit partners Bum' iwi l#»s US$/S$ forward rates Noon May 4 Bid Offer 1-month 1.5531 I 5546 2-month 1 5535 1 5550 3-month 1.5538 1.5553 6-monlh ***** I 5560 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on May 4 Singapore dollars
        1,710 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar futures end higher in light trade
        1194 23 Renter SINGAPORE Simex Eurodollar futures crept higher in thin trade yesterday. Dealers said the market continued to he quiet with Japanese players out tor the Golden Week holidays. They said sentiment for Eurodollar remained bearish because the market expected another rise in shortterm
        Renter  -  1,194 words
      • Article
        KL tin falls despite renewed demand
        675 23 COMMODITY REPORTS Tin lIN dosed six sen lower at MS 14.20 a kg on initial high otters despite some renewed Luropean and loeal buying yesterday. traders said. "turopeans came in to buy tin due to a smaller loeal premium to London." one said. The
        675 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Aussie beef exporters eye US market
          91 23 SYDNEY Australian beef exporters arc expected to turn their focus on the US market with monthly exports likely to rise to close to 30.000 tonnes. Traders said increased supplies from the Australian state of Queensland and slowing of alternative markets, such as Canada, will
          91 words
        • Article
          India considers wheat export
          55 23 NEW DELHI The Indian government is considering export of 0.5-1 million tonnes of average quality wheat, the Business Standard newspaper said yesterday. week, it allowed export of 300.000 tonnes of superior quality durum wheat. The newspaper, quoting unnamed government officials, said the government is thinking of
          55 words
        • Article
          Copper price surge brings out the bulls
          68 23 SYDNEY This week's surge in copper prices to the highest level since mid-March has renewed talk of a retest of the key US$2,OOO-a-tonne mark soon. Copper rocketed by US$22 a tonne to U551,9681,969 at the London Metal Exchange fuelled by stop-loss dealer buying.
          68 words
        • Article
          Queensland Cotton share of crop up
          70 23 SYDNEY Queensland Cotton Holdings Ltd became the sccond largest cotton marketer in Australia for the 12 months to Feb 28, the company reported yesterday. Queensland Cotton chief executive Richard Haire said the company had increased its share of the Australian crop from 13 per
          70 words
    • Article
      COMMODITY PRICES
      1499 23 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S centvkg) (lose Volume Open Month High Low Sen (tonnes) Interest Jun 153.75 153.75 153.50 1625 3 025 Jul 153.75 1 300 3.275 Aug 154.25 2.125 Sep 154 75 154.75 154.75 100 2.025 Oct/Dcc 155.50 7.200
      1,499 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1112 24 -25.8 Uncertainty surrounding the federal budget kept potential buyers at bay and took the Australian share market to a weaker close for the fourth consecutive day yesterday. The All Ordinaries index closed at 2.018.4, down 25.8 points. Brokers said volumes are thin and institutions are reluctant to take a
        1,112 words
      • Article
        Taipei
        596 24 107.19 Taiwan stocks closed sharply up in heavy trade, led by textiles, electronics and financials. Brokers said loose liquidity and improved first-quarter profits were main reasons for the rally. The index ended up 107.19 points, or 1.85 per cent, off a high of 5,917, at 5.907.54. Turnover surged to
        596 words
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        Manila
        631 24 126.12 The Philippine stock market soared yesterday, powered by a U552.37, 3.6 per cent rise in Philippine Long Distance and Telephone Co (PLDT) shares in New York, analysts said here. The composite index rose to 3,064.05 points, up 126.12 points or 4.3 per cent following a 1.8 per cent
        631 words
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        New Zealand
        268 24 -12.54 New Zealand shares continued to sufl'er from lack of investor support, ending lower after another day of thin dealing. The NZSE-40 capital index ended 12.54 points down at 2,073.05 on turnover worth just NZS29 million. Nigel Scott at BZW said the order How was continuing to favour
        268 words
      • Article
        Bombay
        84 24 -26 Indian stocks fell in early trading after the postponement of a big issue of global depository receipts created uncertainty for other companies planning to issue GDRs. analysts said. The state-owned overseas telecommunications corporation. Videsh Sanchar Nigam Ltd (VSNL). announced on Tuesday it had decided to defer the issue.
        84 words
      • Article
        Seoul
        413 24 +4.78 A late spurt of institutional selling in primary blue chips prevented an early rally to continue hut the composite index ended slightly higher. Ihe composite stock index added 4.78 points to 922.33. oft the day's high of 935.42. "Samsung-related shares, regarded as the bluest of blue chips, faced
        413 words
    • WORLD STOCK MARKETS
      • Article
        London
        666 24 -29.5 THE stock index fell to a low for the year yesterday as bond yields soared amid concerns for faster in Hat ion and higher interest rates. Yields surged to their highest levels in more than a year after figures on Tuesday showed the economy growing faster than analysts
        666 words
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        Paris
        158 24 -37.42 French stocks fell more than 1 per cent as investors switched funds from France to the US to capitalise on central banks' intervention on behalf of the dollar. The CAC-40 Index of French stocks fell 37.42 points, 1.72 per cent, to 2,141.57 points, pulled down by bank stocks.
        158 words
      • Article
        Milan
        156 24 -366 Italian stocks plunged after the leader of the Northern League quit talks on forming a government. The Milan market's blue-chip Mibtel Index fell 2.9 per cent, or 366 points, to 12,327. wiping out all its gains from last week. The market was led lower by the same blue
        156 words
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        Amsterdam
        267 24 -4.65 Dutch stocks closed lower, pulled down by bonds as investors expressed their concerns about an election that stripped the government of its majority. The Social Democrats and Christian Democrats lost their majority in parliament as a result of this week's elections. It now seems likely the Social Democrats
        267 words
      • Article
        Zurich
        258 24 -50.3 The key index of Swiss stocks fell to a low for the year amid news that the Swiss central bank bought dollars for francs. Foreign investors, particularly securities houses in London, sold blue chips throughout the day, traders said. The Swiss Market Index, or SMI, which tracks the
        258 words
      • Article
        Brussels
        148 24 +0.78 Belgian stocks were steady following a rate cut by the ccntral bank, analysts said. The Bcl-20 index of blue chip stocks closed up 0.78 point at 1.540.17. Around 342,130 shares changed hands. The central bank cut its central rate by 10 basis points to 5.5 per cent from
        148 words
      • Article
        Frankfurt
        170 24 -3.27 German stocks were mixed in the official session, giving back gains made earlier in the day amid hopes that German interest rates are poised to fall further. The DAX index of 30 leading German stocks closed at 2.249.02 points, falling 3.27 helow yesterday's close. That's after the DAX
        170 words
      • Article
        Johannesburg
        274 24 -8 South African gold shares closed with the heaviest losses yesterday because of the weaker gold price and nervousness ahead of final poll result, while there was small selected buying of industrials. The overall index was 36 points down at 5.254, industrial index eight points oIY at 6.375 and
        274 words
      • Article
        Toronto
        287 24 -16.96 Stocks sank at the open in a lethargic market rooted in a weakening United States dollar, falling bond markets and soft commodity prices. The TSE 300 composite index was down 16.96 points at 4,266.65 in volume of 8.80 million shares valued at CS 106.33 million. Declines led advances
        287 words
      • Article
        New York
        809 24 -19.04 Wall Street stocks fell at midscssion yesterday as a renewed rise in long-term interest rates cut short the market's brief rally, which was fed by concerted central bank intervention to prop up the dollar. The Dow Jones Industrial Average sank 19.04 points to 3.695.37 at I pm
        809 words
      • Article
        Untitled
        745 24 Britannia Funds Sterling Cash Bid Offer Mini < jp (XT**" '**>4110 Mim ki«t (ilk OISWJ 0 I'M: Mini M.i\ liKinlH- II'INK) i IIINIU I SS Cash IlKlHIR* (IN mill hi O'mi 1(1 >wm l*S S Rchhc I uikI S 2HH) > 2NM) Sterling hquil) Euro IViUhiikiikc 0 45**2 04*MH hr
        745 words
    • Article, Illustration
      Lock icon HONGKONG
      3034 25 HONCikONCi I ho benchmark llang Seng Index fell .1.57 per cent to close at its lowest level this \car as real estate prices decline and amid unccrtaint) over the future of C hina's economy and its trading status with the United Suites. "Some investors sold stocks because the> believed
      Source:  -  3,034 words
    • Article, Illustration
      CHINA
      506 25 lilt CLSA Shanghai H index rose 10.3*) points to 718.74 yesterday. with gains across the hoard, trading was brisk at USS6.7 million. I he most active stock was Jinqiao. which saw a turnover of I !552.5 million. I lie best performer \\a> lyre Kuhber. which climbed 5.3 per cent
      506 words
    • Article, Illustration
      Lock icon BANGKOK
      1631 25 Bloomberg Business News i BANCJkOK Stocks fell for j a fourth da> as retail shares declined on anticipation of poor first-quarter results, anaI l\ sts said. Increased competition has I put pressure on older trading companies, which have not 1 kept up their profit margins, said W'eerut Wichaya. an
      Bloomberg Business News; Source: Bridge Info  -  1,631 words
    • Article, Illustration
      Lock icon JAKARTA
      1164 25 Bloomberg Business News J \k.\R I A Share prices wore litlk: changed yesterday as investors worried about rising interest rates and institutional participants sought value in other regional markets, traders said. I he Composite Index, which tracks all stocks, rose just 2.3 points to 462.64. The narrower CiT-DBSSO index,
      Bloomberg Business News; Source: Bridge Info  -  1,164 words
    • Article
      CLOB INTERNATIONAL
      2801 26 MOST ACTIVE volume Mulphj lull MV S W.IIUI \< B MV -4 SI I (*<) IJnsH\JXV 4.M4IMI k.inuinting MV Mtli.lM) taM 1IJMB Ik* Hoc ISR4' 1.774.000 Multi Puipox I .640.000 Rwiwng Btul MV I >53 UW ||1IH)\CN| HIKI I.S2I000 \MI»H NV l.milM lutein Hldgs Mk I.WDIM Bojjx.I IIIJ
      2,801 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares fall on inflation concern, lack of leads
        5985 26 Bloomberg Business News KUALA LUMPUR Stocks fell on concern about inflation and on the scarcity of market-moving news yesterday, traders said. "News of higher inflation may be discouraging investors who are already reluctant to make investments." said Ooi Soon Beng. research manager
        Bloomberg Business News; Source: Bridge Info  -  5,985 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7655 27 MAIN BOARD Transaction date: May 3 C.r t.r 1444 |j\l Vol Ihlt I J si Quoit' l)i> IN> Id Nel M jp High l.o* imipjnx Sak ('WW| lli||h low Bluer S»lki \r P'F vnil INDUSTRIAL AND COMMERCIAL 1350 206 I s \cnia 440 cd -10 42 460 440 435 440
        7,655 words
      • Article, Illustration
        Lock icon Prices slide on weaker HK bourse, Japan holiday
        1896 28  -  By R Sivanithy SINGAPORE With no Japanese institutional presenee and a weak Hongkong market, share priees on both sides of the Causeway drifted lower yesterday. The Straits Times Industrials Index fluctuated within a narrow range dipping briefly below the 2,300 mark at
        Charts by Bridge Info; Source: Bloomberg  -  1,896 words
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      220 17 NEWS VALUE //oh today 's news might affect your stocks HK's Richard Li in takeover bid for Seapower Asia (pgl) Positive for Seapower in the longer term given Mr Li's business connections. But many punters will no doubt be disappointed by the general offer price of $1.45 a share. Rival
      220 words
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      17 18 Imi v t fMBHR: HflIU ,v ■L (818 HB^Hteal 'W'SAX Level 3, Raffles City. Tel: 431 6156
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      373 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FOURIER ENGINEERS PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of FOURIER ENGINEERS PTE LTD duly convened and held at Module 18 Godown W1 Pasir Paniang Warehousing Complex PSA Gate
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      187 20 j I i n \""fr. M ~.■> .-i- t u^^ssi^-A. .^*94M^HhP£ LONDON t y%- J ;t iii v> ROME ".15 AM 0&&& FRANKFURT "..Ml A PARIS QANTAS TAKES A FRESH APPROACH TO EUROPE 24 TIMES A WEEK. When you fly Qantas to Europe, you'll the little extra thought we've put
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      541 21 THE I f I LINKED BY AN UNDERPASS TO I I V V 1- 1- 1 EAST COAST PARK AND EAST COAST LAGOON I I IV ITT f J#J NEXT TO BAYSHORE PARK I I i v ULTIMATE Condominium I I The ULTIMATE Lifestyle I I Grand Luxurious Seaview Condominium
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      209 22 W^w I I awl ■HBii ffll Jfl The Ultimate Mediterranean Lunch Is Closer Than You Think IHAHTIANI '\V c^.. Merchants' Court /court yCxX Qua z' A (ik-.is.inl riverside stroll or river iaxi ri<k- from Mienlon Way ./"v.N.T <\J X H xX IP Hasliam at Clarke Quay 1 V v r
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      11 22 I he Banque Indosue/ regional currency report was not available yesterday
      11 words
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      724 23 For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 1800-749-2577. __B_y_S_J_N_E__S s TIMES TOLL-FREE TEL No 1-000-741-1883 FAX 741-1298 KAOLIN CERAMICS (PRIVATE) LIMITED (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING OF CREDITORS NOTICE IS
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      49 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. mm JUST CALL 737-1166 Make the connection through The Straits Tiroes Classified when you're looking for bargains or looking for customers. I Just give us CJLTA a call. jyj'ki:''
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      139 25 t Master Trichologist talks about Hair Loss "Don't just sit there and watch your hair tall out." Harsh, but actually kind words from trichologist Kenneth Price, the world's most renow ned hair loss expert. "Many people just seem to accept baldness, they think nothing can be done. The fact is.
      139 words
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      49 26 A Timely Investment. |pg||B sole Agent: DICKSON WATCH JEWELLERY (S) PTE LTD H i JJj^H I A wholly owned subsd.ary of DICKSON CONCEPTS (INTERNATKDNAL) LIMITED) M MM DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchard Road #01-03 Singapore 0923 Tel: *****00 CENTREPOINT-176 Orchard Road #01-05/06 Singapore 0923 Tel: *****22 Also
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      5 26 MARKETING Tomorrow in Business Times
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      78 27 SINGAPORE: THE HOUR GLASS Takashimava Shopping Centre Tel: *****20/1 l.ucky Plaza Tel: *****62/543 Scotis Tel: *****27/7198 Centrepoint Tel: *****98/ jr/\ A Jl MM 603 Peninsula Plaza Tel: *****09/*****63 Raffles Tel: *****41/1169 World M V Trade Centre Tel: *****51/1007 Changi Airport Terminal 1 (West Wing) Tel: *****60, Terminal 2 (South Wing)
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      21 27 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday \mmnu9 f 1 Business Times •tootMi
      21 words
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      1752 28 B__U_S_L_N_E S S TIMES TOM.-FREE TEI.. No. 1 -800-741 -1 883. FAX 741-1298 PACIFIC CENTURY GROUP ACQUISITION OF INTEREST IN SEAPOWER ASIA INVESTMENTS LIMITED INTRODUCTION (iv) the Stock Units remaining listed on the Main Board of the Stock Exchange Edward Seky Soeryadjaya has agreed to guarantee the due performance of
      1,752 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Missions to Seamen a haven for those in need
      415 29  -  By Rahita Elias Come to Me all w ho are weary anil heavy laden, aml I will give you rest. The Book of Matthew SINGAPORE The weary seaman, regardless of race or religion, is welcomed by the London-based Missions to Seamen
      Photo by Chris Loh  -  415 words
    • Article
      Lock icon Channel Tunnel safer than conventional rail travel, says Eurotunnel
      408 29 Reuter LONDON Channel Tunnel operator Eurotunnel pic sought again to assuage concerns over the safety of the tunnel by saying travelling through it was at least 20 times safer than travelling by conventional railways. The company was previewing a Safety Case
      Reuter  -  408 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      818 29 Page Col Accord Group H 1-3 Ahrcnkid Liner 4 1/2 •APL 5 3-5 •Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avani Shpg 6 4/5 Bait Orient Line 7 4/5 •Bank Line. The 9 5 Batamindo 7 3
      818 words
    • Article
      Lock icon APL ship damaged in collision off S Korea
      189 29 AP SEOUL A US container ship and a South Korean ship collided in dense fog off the southern coast, ripping a trucksized hole in the American vessel. maritime officials said yesterday. They said it would take 10 days to repair a 10-bv-5-metre
      AP  -  189 words
    • Article
      Lock icon New US$9m port in Vietnam being built
      155 29 AFP HANOI A French-Norwe-gian consortium has begun work on a new port near the southern Vietnamese town of Vung Tau, a report said on Tuesday. French fertiliser manufacturer Proconco. Vietnamese partner Sogema and Norsk Hydro of Norway started construction last Saturday on the
      AFP  -  155 words
    • Article, Illustration
      HK ferry company buys simulator to train officers
      112 29 SINGAPORE The Hongkong Yaumati Ferry Co has bought a PC-based radar and navigation simulator to train its officers. The simulator, called Sisradar. will be supplied by Sea Information Systems of Scot- land. The cost has not been disclosed. SIS says Sisradar is
      112 words
    • Article
      Lock icon Former head of Kuwait Oil Tanker got US$7m in bribes
      203 29 Knight-Ridder KUWAIT CITY The former managing director of the state-owned Kuwait Oil Tanker Co (KOTC). Abdel Fattah al-Badr. received L 557.26 million (SSI 1.3 million) in bribes, newspapers said here on Monday. citing a parliamentary report. Mr Badr and four
      Knight-Ridder  -  203 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        701 30 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Muotam bSH P06 alongside 05 05/1500 Balam Bakagia K OI 94 12 alongside OS05 2100 Sewmymttar 03A 94 POIA alongside 05 05/2359 Bat am Indah N116 It alongside 0505,2300 Timbeitradll 401 PO/ alongside
        701 words
      • Article
        CONTAINER SCHEDULES
        2049 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Ac. 049A 0//15Q0 4 05/1200 05/1159 OVUOO Ac lotus 051B 06/2000 1A 04/1500 04/1659 04/1900 2A 04/1700 05 <I59 05 0900
        2,049 words
    • Article
      THE SHIPPING GUIDE
      10746 38 This is a list ol ships loading at Singapore for ports around the world. It tabulates, by destination, the name ot the ship, the shipping line in\ol\ed and the estimated dates of arrival and departure from the Port of Singapore. LEGEND FN: ship calls at Penang after
      10,746 words
    • Article
      SHIPPING AGENTS
      3376 43 Containerline NV: Bclsin Shpg Agencies Pic Ltd (SV Marine Handling Sdn Bhd (PK/PN). V«wd Group: Accord Shpg Pic Lid (SVAccord Contr Line (PK/PN). Adhria Bminew C orporation Philippine Calsource Shpg Trdg Pte Ltd (S) \hrenkiel Liner Service Kim Shpg T«g(S). Alfcutros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,376 words
    • Article
      COURIER SERVICES
      283 43 Abacus Couriers Tel: 545-8011. Fax: 545-1898 Air Express I ravel Tel: 533-5771. Fax: 535-6144 Airborne 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. Citv-link International Tel': 344-3377. Fax: 345-6450. Cluster Link Supplies A
      283 words
    • Article
      AIR FORWARDERS
      1525 43 Abex Express Freight Tel: 542-7171 Fax: *****84 Actinic Forwarder Tel: 225-1833 Fax: *****42. Vctivair Singapore Tel: 542-7822 Fax: *****20 Aerolink Freight International Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454 Fax *****06 Air Express International Tel: 542-7666 Fax: *****74. *****50. Air
      1,525 words
    • Article
      PORT CONDITIONS
      2209 44 ALBANIA Durres: Eight vessels in port of which discharging: I gasoline. 1 bagged urea, 1 general cargo. 2 bagged sugar. I bagged tlour. I bulk coke; 1 vessel loading ferro •chrome; no vessels in roads awaiting berths. ANGOLA Luanda: City quiet: port quiet with on berthing delays. lx>bito:
      2,209 words
    • Article
      CRUISE & FERRY SCHEDULES
      537 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Nam* of Vessel ETA t I D Ports of Calls Port \Rent Telephone No MAY 03 03 Delfin Star 1100 1930 Port klang-Sin- Ocean Trade Chartering 299-0366 Jakarta 03 03 Langkapuri Star 1600 2200 Penang-Sin Jardine Shpg Agencies 224-1052 Aquarius 03 03 Star
      537 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1133 44 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  -  1,133 words
    • Article
      COCKETT BUNKER MARKET REPORT
      978 45 THIS twice weekly report, compiled by Cockctt Marine Oil L td. shows price ranges in US dollars instead of single prices lor a more comprehensive description ol" the market. Prices shown are based on average-sized stem. Market movements are indicated. I he C'ockett Bunker Price Index
      978 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      650 45 Carbon Carton April 28 Density Water Residue Ash Mumriun Sedment Density Water Residue Ash Akirinun Segment "o MM '"MM Ewon Euwl KGM*3 "o V/V 'MM '.MM PPM method KG/IT3 V/V 'MM 'MM PPM method ISO/Cimac Units Spec E25 991 10 150 0.10 30' 010* Eastern USA
      650 words
    • Article
      DAILY FREIGHTS
      1950 45 Trading remained slow in most sectors of the freight market with Japan celebrating Ciolden Week and brokers catching up after the European holiday weekend, brokers said. The Baltic Freight Index for spot dry cargo shipping rates rose to 1.420 on Tuesday from 1.414 on April 29. with the
      1,950 words
    • Article, Illustration
      Lock icon Reversal of fortunes for liner industry
      1188 46  -  Various shipping lines are expecting their performance in 1994 to surpass that of 1993, reports Rahita Elias Rahita Elias IT'S BEEN a long time coming, but the container shipping industry seems to be emerging from the doldrums. The most commonly cited reason for the
      Photo by Arthur Lee  -  1,188 words
    • Article
      TRANSPORT DIARY
      870 46 COURSES Title: Container Freight Station Management Duration: May 4 Jul 6 Organiser Fort 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
      870 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Clinton plan for air traffic control grounded by opponents
        433 48 NYT WASHING I ON Facing objections from the chairmen of important congressional panels. the Clinton administration on Tuesday halted the introduction of legislation to create a government corporation to operate the nation's air traffic control system so it could pursue negotiations
        NYT  -  433 words
      • Article, Illustration
        Lock icon Boot ride
        59 48 AFP KABUL Passengers riding in the boot of a taxi is not an uncommon sight in Kabul, due to a shortage of public transport. The exuberance of these Shiite lads is as much a reflection of the relative calm on Tuesday in the current 18-week long factional fighting
        AFP  -  59 words
      • Article
        Lock icon Employee buyout would put UAL into uncharted waters
        567 48 Bloomberg Business News NEW YORK An employee buyout at United Airlines would put the airline into "uncharted waters", but it's in shareholders' interest to approve the deal, said Tim Pettee, Alliance Capital Corp's airline analyst. Mr Pettee's view holds weight. His company,
        Bloomberg Business News  -  567 words
      • Article
        Lock icon US car makers' demand for workers seen surging
        598 48 AP WASHINGTON By the end of the decade, the Big Three US car makers will ha\e to hire as many as 200.000 new hourly workers to keep pace with production demands. according to estimates by researchers at the University of Michigan. In
        AP  -  598 words
      • Article
        Lock icon African airlines face tough struggle to survive
        247 48 Reuter ABIDJAN Africa's airlines face a tough road to recovery said speakers at an African Airlines Association (AFRAA) conference that ended on Tuesday. "The inability of Africa to face up to worldwide regulatory changes aimed at establishing a new order of international air
        Reuter  -  247 words
      • LOG BOOK
        • Article
          Lock icon S Korean shipper plans link with North
          92 48 Reuter SEOUL Korea Special Shipping Co of South Korea yesterday said it planned to set up a joint venture with Yanhian Shipping Co ot China to run a container link with communist North Korea. A company ofticial said Korea Special wanted to run
          Reuter  -  92 words
        • Article
          Lock icon Continental cuts fares to Europe
          80 48 Reuter HOUSTON, Texas Continental Airlines on Tuesday said it had cut the price of unrestricted tickets up to 67 per cent on llights to Europe from 28 US cities. One-way fares to London range from USS349 (*****) to USS499: to Paris from USS399 to USS499;
          Reuter  -  80 words
        • Article
          Lock icon Traffic masters jailed after train crash
          93 48 AFP JAKAR I~A A court in nearby Bogor has jailed two station traffic masters for negligence following a 1993 train crash that killed 22 people and injured 185 others, the Koi.tpa\ daily reported here yesterday. Slamet Imam Santoso and Jamaludin. both 32. and traffic
          AFP  -  93 words
        • Article
          Lock icon Iberia as partner for Lufthansa
          85 48 Reuter MADRID Spanish state airline Iberia has great strategic strength and would make an interesting partner for Germany's Deutsche Lufthansa. German Transport Minister Matthias Wissmann said yesterday. "The Spanish company will make an interesting partner as soon as it straightens out its financial problems." he
          Reuter  -  85 words
      • Article
        Lock icon Ford raises car, truck prices
        315 48 Bloomberg Business News DEARBORN. Michigan Ford Motor Co said on Monday that it is immediately increasing prices of eight car and truck lines. Ford said the increases average 0.4 per cent, or US$B9 (SSI3B) a vehicle. But the price increases are calculated across all of
        Bloomberg Business News  -  315 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1749 48 Citjr Fight ETA FMglit CT0_ Oft Fight ETA Fltfrt HO Abu Dhabi GF146 1120 GF147 1850 GA985 1435 Cu—gzfc— SQ803 2045 SQ804 1 145 Adelaide QF81 1925 QF82 2055 Hanoi VN74I 1310 VN740 1410 SQ228 1955 Hatyai MI893 1810 MI894 1430 Amsterdam KL843 0505 KL838 2300
        1,749 words
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      16 29 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times Reversal of fortunes for liner industry, Fg 18
      16 words
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      35 29 •US air traffic control plan grounded, Back page Llms and services represented by Members of tb« Registry of Accredited Shipping Agents, Singapore National Ship- UJAzfMt pmg Association. fa advertising enquiries, contact Shipping Twnes: Tel 740-2089/740-2090
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      Page 29 Advertisements Column 3
      36 29 THE <>P n k> i m/ Mvawjm ■sEanai *****33 For more information please refer to Pg. 13 \Cw~^ EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Singapore# m Business Times
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      439 30 TSKUNE AGENCIES (S) PTE. LTD. rI 1 |7 T fXJF Tel: 226-3363 J. JLJJ\JIL Fax: 226-1972/3 f -*y w j| x pg *****/TSKSIN qggfig? TOKYO SENPAKU KAISHA, LTD. CR No: U*****0000N I *n SR lit we KAO Rtt no YOK NBO KOt m M7Tff W >n f T77 *?T. ACX
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      1468 30 PWICT TO USA WIST COAT (>CX-SI>OWt CAUFOWWU EXPRESS) f~ TO tAT MfWTHWAMAf (WfrL SfflWfi -j JOB rw I u am n m. |«btor cwc Iw I Sco *3i[ wTT sw* own pwbb- btmw monom- ob* pt stcr nvr- unwr mxm umNtPTUNE CYftM* VOtt *****1 *****5 I IS 26 16 16
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      2430 31 OOCL (S) PTE LTD -JARDINE SHIPPING AGENCIES JARDINESHIPPING AGENCIES SON. J BHD■ TEL' *****13 FAX *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL *****4 FAX. *****1 CFS TEL *****6 BOOKINGS TEL *****80 *****81/ *****82 IPOH TEL *****3/4 FAX: *****6 CUSTOMER SVC TEL *****92/*****91/*****93 PGUDANG
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      2414 31 unmmassm MAERSK EXPRESS SERVICE TO PERU/CHIL.E/BOLIVIA NEXT SAILING LUNA MAERSK V.9410 ETA SIN 11TH MAY 1994 Vesiei Vo> ETA ETO Feedered by s r «sm* destinations Jhtt wecfc MACHSON MAERSK V 9406 1J.84 yiMW^gaWTr^WIHI.ll! 10.05 oeoo mbs CFS —09 05 2359 MPS JOM LPK PEN OAK LGB SFO MEM ATL
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      1648 32 AOABA R DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JFD) S TON H BURG A WERP HAVRE \fygST MALAYSIA STUTTGART EXPRFSS 03/317 7/5 16/5 23/5 25/5 28/5 30 5 1/6 p orl Kelang Penang KAGA 35/118 11/5 28/5 31/5 29/5 Pasir Gudang DRESDEN EXPRESS 16'318 14/5
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      698 32 AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Doqharun) C.1.5./RUSSIA: Vos ochny. Vladivostok. Moscow. I Baku, Tashkent, Irkutsk. Alma Ata, Ashgabad, Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Africa V.2134 10/5 09/6 Bunga Pelangi V.2144 18/5 20/6 Ned Asia
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      1216 32 I NORASIA I NORASIA AI-MUNTA2AH 9418-3 11/05 01/06 04/06 05/06 06/06 07/06 08/06 09/06 10/06 10 06 I I NORASIA SAMANTHA 9419 3 18/05 08/06 11/06 12/06 13/06 14.06 15 06 16 06 17 06 17/06 I I NORASIA SUSAN 9470 3 25/05 15/06 18/06 19 06 20/06 21/06 22/06
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      1342 33 STRAITS SHIPPING PTE LTD 10 Hoc Chiang Road #11-01 Keppel Towers Singapore 0208 Tol: *****88 Fax: *****17 IMiIBIMMItIiMIMMiIMIUMMiMdfIIIiIHIM I W«W QUINtA PACIFIC LINK fIMP (A SERVICE OF CHINA NAVIGATION CO) ACCEPTS \2jWTV CARGO OK SAILS BW STKMTS VENTURE Vl2£ Mora. Lab to fori 0« May FCL, LCt CONTAINER AND BRCAKMA.K
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      3181 33 SINGAPORE AGENT: pfiil) P»0 Containers (Singapore Agencies) Pte Lid M W 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 »T\ Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number: **********0Z EXPORT IMPORT VESSEL VOV -PWO -PKO SM SOU ANT ROT NAM OOT Mt
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      602 34 ifA EKA JAYA AGENCIES f%a|Br TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE I. plfl CKMWh CITY PAA6H IhAWPftIQMt/PWtCT HtHRY HQt 21W824 KELVW CHAM mO«M MAWOJ 21MK23 MB3TM TO VIETNAM/HCMC CONTAINER-FEEDER SERVICE Stoott® CENTER-POINT UW& LINES jan ww n» STOW HOT n» mcmc N* i\M U2l_ JJJi U2l_
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      Page 34 Advertisements Column 2
      1757 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FM Wl mtm HAW. SA PM O* *Sl SM |l* HAU, SAV UI NYC HANJIN FELIXSTOWE 021E 6 b O«tCT M/ 5 27/5 21/5 HAIUN FELIISTOM 021E 6 S H SAVAMIAH 04X 10 6 12/« HANJIN
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      1402 34 IH" H I MIL ISC MC US HB *1 08 *1 Mi I*o LAI CHS SAL WTC LM MM KM TW WS fS CM PU SCP V' I AMI no* »/5 U/5 U/5 11/S 21/5 23/5 24/5 25/5 21/S 27/5 21/5 I t 21/1 21/1 H( 4/7 5/7 1/7 7/7
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      2668 35 D I 'OOCL HONOUR 31W eta SGP 10/05/94 II H £23 I ETA RDM 26/05/94, FLX 28/05/94. II II I LEH 30/05/94 I^—=^====— EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US GULF MIDWEST USEC CANADA VESSEL VOY LOS OAK VAN SET 111. < t <• < />'/- />*l
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      Page 35 Advertisements Column 2
      1217 35 A MULTILINE SHIPPING PTE LTD (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 A BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 ,4k BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697
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      1498 36 K44 V ft AS AGENTS: "K" UNI (SINGAPORE) PTI LTO (CR NO: **********0M/GST REG NO: N2-QQ173J94) M TEL; *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W THJ MALAYSIA K" LINE MARITIME (MALAYSIA) SON BNO TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA. P.T. SARANA LAUTINTERNUSA, TEL:
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      Page 36 Advertisements Column 2
      753 36 ®APPENSHIP /2\. HAMBURG ITT J "J CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST "ESSEIS LOADING TOUTS WSOIAWE/LOAHNG FOR I PAKHOM MAKARENKO HAM 10/04 SPORE 21/05 T ECUADOR HAM 27/04 SPORE 16/06 TBH ANTW 28/05 SPORE 04/06 KOALA CONTAINER LINE STORE FIX HAM RTM LEH
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      Page 36 Advertisements Column 3
      367 36 GOLDEN LINE Vh&> GUAN GUAN SHPPMG lE>J<\ (PTE) LTD w 21, Tatt «ym Street SKJWK 01M TU 5J43W (II IKS) Fix *****04 (C» He. **********111) muiTi/miuM oplf inna S pore P Ketang Penang SOUS* SIM Mucin Duba Kimat 15/21 Nay GOUXN KM Karachi/Duba Kuwait 7/ Hrr CHIWA OKKTICI fiOLKM NONH
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      924 37 PACIFIC INTERNATIONAL LINES (PTE! LTDN SSSssSS 140 Cecil street #03-0° P,L Building, Singapore 0106. CR NO **********0E I VESSEL VOY SIN CMB JIB JED AQJ ADE HOD PZU ASA KOTA BERANI BRNOO3 10/5 14/5 20/5 24/5 27/5 24/5 22/5 28/5 1/6 KOTA WIJAYA WJAO4I 23/5 28/5 4/6 7/6 10/6 6/6
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      992 37 WSSUS ym SIN II HAVRt HAMBURG JHAMIS ROIHROAM ANIWERP Wilt 01 CABWA CO3W 06/ OS tt/OS 21 05 25 OS 30 OS 01 06 WUOC SACITTH SO3W 10 OS 01. 06 03 06 04 06 OS, 06 07/06 VHll D'AQURA AO 3*l 19/05 10/06 12 06 13/06 14/06 16, 06
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      563 37 BSA x li MYANMA «SBk FIVE STAR LINE r (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen PGdj MERGUI VI23W 06 08 May PAGAN V2O9W In PI Hf>A AN V2O2W 05/07 May MALAYSIA AGENTS BOUSTEAD SHIPPING AGE NOES KUI TEL 03 *****00 PKI lEI 03 *****67 PEN TEL
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      1004 40 >@:"_-%>)|]`\=>,+`":|!{^=^.!?'% /iHICROATIA LINeA < EX JUGOLINIJA) I VESSEL SPORE PK PNG LOMKWG FPU LOSINJ 12 MAY 14 MAY Ale»andria, Beirut. Istanbul. Trieste. Koper. lattakia. Limassol. Mersin. P Sax). Riieha. Venice SLOVENIJA 25 MAY 28 MAY -do General Agents: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala Lumpur Port KHant Penan t
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      181 40 /&NORBULKV I NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES J LOADING FOR I MLAGRO Saied In Pt FLU/MIT/UK I ADAMASTOS 10/5 Sated FLU/ANT/NAN/UK I I NORBULK TBN 15/6 DBN/CPT/EL I ALSO LOADS TG MANI ANO KK J PK SWK/SABAH LOADING FOR NORBULK TEAK 12/5
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      618 41 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 09/5 LOS ANGELES/WC/IPI 08/5 SYDNEY/MELBOURNE 06/5 NEW YORK/EC 08/5 FREMANTLE/ADELADE 06/5 VANCOUVER A/5 BRISBANE
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      1538 41 law»l*iTmrimiHiiia 9 vessel vov sn jit vessel voy sw 9 Tu 10/8 OEJA BHUM 4573 Fri «7s Sat 7/5 SM BKK BHATWABHUM 288 Sat 7/5 Tim 10/5 KOTA sum A SWISH «/T~ Tu* 10/5 Fri «/5 Ijjoo j 9/5 WANA_BHUM 227. Tua_ _10/S_ _14/5_ bomqa kroja S7T "TiTT _S* 7/5
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      1833 42 ■UkflMN CONTAINER LINES, INC ~l\ /\"l A fl ent,: MAC-NELS SPORE: *****22 (24 LINEB) v v Urn Noc **********0 C SIBU (084) *****9 KUCHINQ (082) *****3 PENANQ: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOA/EUROPE PEN PKL SIN
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      210 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ii« ii* it* STOW TOM HUANG PfNAHG nut lUK a/s loading toi Mdle RUVM HUDHU 19/S Disclwipng tni Loading lor Bombay OafHM S/UUD Loading For Male nomit sum* 8,5 S/S loadmg for Mai* UMCIDH 11, S loading For Mali mOGKSS LHRIT 15,
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      Page 42 Advertisements Column 3
      1124 42 THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I. I \y \y TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOT SPQB[ PEST VESSEL VoT""" S'PORE IPEST EQUATOR ROYAL 101/4E 06 MAY KUCHING
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      485 46 OHmmn WORTH PHILIPPINES FULL CONTAINER SERVICE I VESSEL VOYAGE SINGAPORE MANILA VIGOUR ATLANTIC 9418N 06/05 (FRI) 11/05 (WED) OPTMA 9401N 10/05 (TUE) 14/05 (SAT) TWO SAIINGS WEEKLY VIGOUR PACIFIC 9419N 13/05 (FRI) 18/05 (WED) FWDAV AND PERMOVAISK 9401N 17/05 (TUE) 21 05 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE
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      651 46 TODAY'S TIDES (height in metres) 14 1.4 1.4 1.5 1.7 1.9 2.1 2.2 2.2 2.1 1.8 1.5 12 1.0 09 09 1.0 1.3 1.6 1.9 2.2 2.2 2.1 1.9 PP 1.4 1.3 1.3 1.4 1.6 1.9 2.1 2.2 2.2 2.1 1.9 1.6 1.3 1.0 08 08 1.0 1.3 1.6 1.9
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      841 47 4 HYUNDAI I MERCHANT MARINE CO- LTD. WESTBOUND TO EUROPE BKG: *****61 PNA* PKE* PGP* VESSELS VOY SIN RTM ANT* LEH* HAM BRE| PEL 04/05 06/05 07/05 H. COMMANDER 309W 09/05 27/05 28/05 30/05 2S/05 28/05 31/05 11/05 13/05 14/05 SI MARINER 310W 16/05 03/06 04/06 06/06 04/06 04/06 07/06
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      475 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS nuii *J? S Ft mc u RON SIMM IM (Ml) NTT IWU NAM II 11/5 12 5 MINI SIT VIS 2S 5 31 5 2/1 4/1 TUHK (MS 111 12/S 14 S OUTBOUND VESSELS LOADING FPU SENBOttO/NACOYA SEKI NAOOYA
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      1031 47 VESSEL VOY SINETA/D LAX OAK CH DAL 1 MEM, COL IHOU NYC NOR MACKINAC BRIOGE 76A 05-06/05 22/05 24/05 25/05 26/05 26/05 27/05 27/05 2»/05 ALLIGATOR TRIUMPH MIA 12-13/05 29/05 31/05 01/06 02/06 02/06 03/06 "03/06 04/06 GEORGE WASHNGTON BRIDGE 78A 19 20/05 05/06 07/06 0«/06 09/06 09/06 10/06 10/06
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      63 48 Tomorrow in Business Times M.V. "BROTHER STAR" VOY. 19 Amved 30th April 1994 Consignees of all damaged cargoes ex the captioned vessel are hereby notified that a general survey will be held on the 6th May 1994 0900 -1200 houn at PT 9. No further survey will be entertained thereafter.
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      Page 48 Advertisements Column 2
      6 48 n MARKETING Tomorrow in Business Times
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