The Business Times, 10 May 1994

Microfilm: NL19380
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times Wi; KNOW ASIA MITA(P) 010/12/93 Tuesday May 10 1994 75 e
    13 words
  • 2am LATEST
    • Article
      Lock icon Clinton, Hata to revive trade talks
      46 1 Reuter WASHINGTON President Bill Clinton spoke with Japanese Prime Minister Tsutomu Hata by telephone yesterday and the two leaders said they wanted to soon find a way to revive the US-Japan framework talks on trade, the White House said. Reuter
      Reuter  -  46 words
    • Article
      Lock icon UK bank to take stake in Spanish bank
      43 1 Reuter LONDON Royal Bank of Scotland, the sixth-largest UK commercial bank, will buy 2 per cent of Spain's Banco Espanol de Credito for £46 million (S$ 105 million) from Banco Santander, Spain's largest bank. Reuter
      Reuter  -  43 words
  • Article
    MARKET SUMMARY
    171 1 Stock market indices Monday Change STII 2,222.4 -33.79 KLSE Comp 990.63 -20.94 Nikkei 19,786.96 -75.51 Hang Seng 8,421.70 -198.57 SET Index 1,222.72 -17.99 Jakarta Comp 464.29 +1.17 CLSA China B 989.74 +2.92 Aust All Ord 2,009.3 +5 FTSE 100 3,097.80 -8.20 Monday Previous 2pm close Dow Jones 3,643.02
    171 words
  • Article
    Lock icon US$ falls after rates unchanged
    205 1 Bloomberg Business News NEW YORK The dollar fell against most major currencies, except the yen, yesterday morning after the Federal Reserve left US interest rates unchanged. Many traders expected the Fed to raise rates yesterday to head off inflation. Rate speculation grew last Friday after
    Bloomberg Business News  -  205 words
  • Article, Illustration
    Lock icon Alan Yeo's relatives seek to oust him as YHS chairman
    514 1  -  Family-owned holding company calling F:GM By Lee Han Shih SINGAPORE Relatives of Alan Yeo, having out-voted him at a family meeting last Friday, announced yesterday that they intend to have him removed as both director and chairman of listed Yeo
    Source: Bloomberg  -  514 words
  • Article
    Lock icon Fed set to raise short-term rates for 4th time in 4 months
    434 1 NYT, Reuter WASHINGTON For the fourth time in four months, the Federal Reserve is preparing to raise short-term interest rates. But its plan to eontain inflation might be disrupted by turbulence in the bond and currency markets, which
    NYT,; Reuter  -  434 words
  • Article
    Regional stocks slide on US rate fears
    203 1 SINGAPORE The region s major stock markets continued to slide yesterday on lingering US interest rate fears. In Singapore, negative reaction to last Friday's 26-point fall on Wall Street dragged the Straits Times Industrials Index down 33.79 points or 1.5 per cent to
    203 words
  • Article
    Lock icon Dow falls 26 pts in early afternoon
    109 1 Reuter NEW YORK Wall Street stocks were off sharply yesterday on widespread speculation that the Federal Reserve would raise interest rates soon for the fourth time this year. At Ipm EDT, in the broader market, declining issues led gainers by a 3-1 margin
    Reuter  -  109 words
  • Article, Illustration
    Lock icon S$ notches up new high against US$
    390 1 SINGAPORE The Singapore dollar closed at a new high of SS 1.5483 against the greenback yesterday after crashing through psychological resistance at $1.55. Dealers said strong foreign demand for the local currency sent it substantially higher at the start of Asian trading. I
    Source: Telerate  -  390 words
  • Article
    Sembawang believed to have sold major port of portfolio
    472 1  -  By Paul Leo SINGAPORE The Sembawang group appears to have liquidated a major portion of its investment portfolio yesterday. Sources said eight married deals, involving a total of 46.25 million units valued at $156.98 million, were done yesterday. And most of
    472 words
  • Article
    Lock icon HK govt to inject HK$9.5b into public housing to stabilise market
    313 1 AFP HONGKONG The Hongkong government yesterday announced it was setting aside extra cash to build more publichousing as part of its campaign to bring down skyrocketing property prices in the territory. Treasury Secretary Donald [sang said the government would
    AFP  -  313 words
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      145 1 Jj£i± FRESH h STRONG REFRESHING Sole Agent: Shriro (Singapore) Pte. Ltd. CONTENTS Mews Companies S pore News 2 S'pofe*sa 19.20.21 Regional News 3.4.6 financial 23.24 World News 10 Features Markets Analysis 1/ Clob/RLS£. S£S 28 30 EAtond 16 Regional 26 Sports 11 World 21 IV/Li'estyle 13 Currencies —24 Regional Focus
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      19 1 Property: Pg is US property auctioneer targets Asia US$ likely to fall below 100 yen this year, Pg 23
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      28 1 Hock Lock Stew: Pg 19 Can Richard Li break jinx? Asian interest rates likely to move up, Pg 23 l ime to buy Hk stocks: analysts, Pg 21
      28 words
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      15 1 JKS/®S so invigorating you'll never miss 9um! IS® GtuooUk Sole Agent: Shriro (Singapore) Pte. Ltd.
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Stronger appetite for imported goods
        407 2  -  By Genevieve Cua SINGAPORE'S consumption of foreign-made goods rebounded 10 per cent in March, bringing overall growth in the first-quarter to 7.8 per cent. Consumption of imported goods is measured by the volume of retained imports that is, imports less reexports. these grew 16.8 per
        Source: Dept of Statistics  -  407 words
    • Article, Illustration
      Suzhou township project kept in high gear
      482 2  -  Reports by Schutz Lee THE partners of the Singa-pore-styled Su/hou township project are keeping things moving in high gear even as the remaining documents for the formation of the joint venture company await Beijing's approval. Last week, a Su/hou company was awarded the
      482 words
    • Article, Illustration
      Lock icon Govt decision on Telecom stake in cable TV in a few months
      423 2 The Straits Times NliW YORK The Singapore government will decide in the next few months how deeply Singapore Telecom should be involved in the country's proposed cable television system. It is also searching for the right foreign partners
      The Straits Times  -  423 words
    • Article
      Lock icon Winston Lord: ties with S'pore very good despite Fay caning
      391 2 The Straits Times. AFP WASHING I ON Relations between Singapore and the United States remained "very good" despite the political flap over the caning of an American teenager for vandalism. Winston Lord. US Assistant Secretary of Last Asia and Pacific
      The Straits Times.; AFP  -  391 words
    • Article
      Anhui province to promote 68 projects worth US$1.3b to S'pore investors
      269 2 Hll: Anhui province in east China will promote 6S projects totalling more than L'SSI.3 billion (SS2.O billion) to Singapore investors this week. I he projects, which will be presented at a one-day seminar on Thursday, are mainly in light
      269 words
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      113 2 When High-Tech Companies need personnel, Br nli.rr M fn The Straits Times APPOINTMENTS An Eye for the Finer Points in Writing £1. The uni-ball <^ v /=> micro ÜBISO has been transformed into a fine writing accessory. The stainless steel precision tip and controlled ink flow system ensures smooth writing
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      27 2 HH For Home or Office deliveries of: Straits Times, Sunday Times, Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotline 1800-749-2577.
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      374 2 I K and Anhui to invest in other countries, Pg 19 nc ss I Tough transition tor Jjpjn M<m Australia is going Avian Car makers target Aua as the um great hope •IV winning revolution in cjptul marten In this issue: Hps from the Best of the Best The third
      374 words
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  • SOUTH-EAST ASIA
    • Article
      Japan think-tank criticises economic policies in Thailand, M'sia, Indonesia
      521 3  -  From Anthony Rowley in TOKYO AN UNUSUALLY outspoken report from an influential Japanese think-tank charges that economic development in Thailand, Malaysia and Indonesia has been "unbalanced" in certain vital respects and that this could affect their future political stability. Published by
      521 words
    • Article
      Lock icon Indonesia seeks about US$5b in foreign aid for this year
      231 3 Reuter JAKARTA Indonesia, already heavily in debt and seeking fresh investments from abroad, yesterday said it needed another hefty infusion of foreign aid this year. International donors approved development aid totalling US$5.l billion (557.9 billion) in 1993 for Indonesia, a
      Reuter  -  231 words
    • Article, Illustration
      Lock icon No business like show business
      47 3 Reuter HANOI Vietnamese artist Bao Nguyen, 60, makes a living drawing portraits of Hollywood stars in a shop in the old quarter of Hanoi. Mr Nguyen charges 100,000 dong (about Ss2B) for each picture which he can finish in two days. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Mahathir to brief Li Peng on talks with Clinton
      282 3 Bernama BEIJING Malaysian Prime Minister Mahathir Mohamad arrives today for talks with Chinese Prime Minister Li Peng after a successful meeting in Washington with US President Bill Clinton. Dr Mahathir is sehcduled to meet Mr Li on Thursday, when he will
      Bernama  -  282 words
    • ASIA NOTES
      • Article
        Lock icon Mara Holdings to be privatised
        87 3 Bernama KUALA LUMPUR Mara Holdings Sdn Bhd, a wholly-owned subsidiary of Majlis Amanah Kakyat (Mara), will be privatised through a management buy-out in the middle of this year, chairman Onn Ismail said yesterday. He said the proposed buy-out has the approval in principle ot Mara,
        Bernama  -  87 words
      • Article
        Lock icon Indon Christians defy mass prayer ban
        108 3 Reuter MEDAN Thousands of Indonesian Christians, dissident followers of the country's largest protestant church, have gathered for mass prayers in defiance ot a government ban. followers said yesterday. I hey said about 3.000 members of a faction of the Batak Christian Church led by
        Reuter  -  108 words
      • Article
        Lock icon Hanoi giving top priority to jobs
        149 3 Reuter HANOI Solving the problem of unemployment is an urgent task for Vietnam's ruling Communist Party, a top official said. "Solving the jobs problem is central to ensuring safety and social justice in development, and is a central question in getting out of crisis,
        Reuter  -  149 words
      • Article
        Lock icon Philippines' domestic debt surges
        105 3 AFP MANILA The domestic debt of the Philippines rose to 661.32 billion pesos (5537.5 billion) in the first quarter of this year, figures obtained from the central bank revealed here yesterday. The debt was up 6.02 billion pesos, or 0.9 per cent, from the same period
        AFP  -  105 words
      • Article
        Lock icon Timber earns Cambodia over US$6m
        107 3 Reuter PHNOM PENH The Cambodian government earned more than US$6 million (559.3 million) from levies applied to the export of timber in the first three months of this year, a local newspaper said yesterday. Citing Ministry of Finance figures, the Cambodia Daily said timber export
        Reuter  -  107 words
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      238 3 Standard Chartered has been developing its operations in We re best known as a leading player in trade finance and group led 26 new issues in China and Hong Kong. you need but also to people who have real understanding of the China for rather longer than most banks -in
      238 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Lu Ping returns to Beijing
        106 4 AFP HONGKONG China's top official on Hongkong left the territory yesterday after a controversial visit, leaving a snubbed Governor Chris Patten calling again for closer Sino-British cooperation amid fears of declining confidence here. Lu Ping, director of the Chinese State Council's Hongkong and Macau Affairs
        AFP  -  106 words
      • Article
        Lock icon Taiwan prepared to cut farm tariffs
        109 4 Reuter TAIPEI Taiwan is willing to lower its nominal tariff on farm goods to between 13 and 20 per cent over six years as part of its efforts to join the General Agreement on Tariffs and Trade (Gatt), an agricultural official said here yesterday.
        Reuter  -  109 words
      • Article
        Lock icon Guangdong imports up 20pc to US$8b
        77 4 Bloomberg Business News HONGKONG Imports into China's southern province of Guangdong rose 20 per cent from the year earlier period to US$B.O4 billion (SS 12.4 billon) in the first quarter of 1994. the official China News Service quoted the Chinese customs department as saying.
        Bloomberg Business News  -  77 words
      • Article
        Lock icon China assures S Korea, US
        76 4 AFP TOKYO China has assured South Korea and the United States that it would take "resolute measures" against North Korea if it broke its pledge not to develop nuclear arms. The Mainichi newspaper yesterday quoted a senior US official as saying the no-bomb pledge had
        AFP  -  76 words
    • Article
      Lock icon Beijing's set energy prices a temporary measure: official
      512 4 Reuter SHANGHAI Beijing's move to fix petrol and diesel prices is a temporary measure to fight inflation and will not force the country's largest energy market in Shanghai to close, a senior official said yesterday. Zeng Qianglong. assistant president of the Shanghai
      Reuter  -  512 words
    • Article, Illustration
      Lock icon Bottoms up
      47 4 AFP LANG SON. Vietnam Vietnamese workers unloading a cargo of Chinese beer in the border town of I.any Son. Reduced to rubble during the Sino-Vietnainese border war of 1979, the town has risen from the ashes, thanks to illegal trade with its former foe. AFP
      AFP  -  47 words
    • Article
      Lock icon China telecom sector still closed to foreigners
      170 4 AFP BEIJING China has no plans to allow foreign firms to operate or manage telecommunication systems here and has denied that a US company would be building the country's second national telecommunications network. "Foreign companies are still not allowed to participate in the
      AFP  -  170 words
    • Article
      Hongkong posts 5.5pc economic growth
      282 4  -  From Lim Soon Neo in HONGKONG HONGKONG'S economic growth last year was on target at 5.5 per cent, based on gross domestic product estimates for the final quarter. Preliminary figures released yesterday by Census and Statistics Department show that during the quarter. GDP grew 5.5
      282 words
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      231 4 JME STRAITS TIMES, THURSDAY APRIL 28. 1994 home ownership law<s Make the SMART MOVE for 1994! Be amongst the first to be at Batam Centre the new financial, government and commercial heart of Batam. And with the impending relaxation of home ownership laws in Indonesia for foreigners, and our very
      231 words
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      209 4 I JBJV NATiOmM. WWUM WIT —HWUMHCT CiOWMO PATI POK WfTMiSt MAY ta i Vat PfUZt: •> I"*"**"**' Free Bus ShutlW on May 22: Near City Hal MRT station Inin (North Bridge Road btlwMn Bras Baeah Head aid ———I^^^Stanrfor^ood^om6elsam-^lsan^^^^ Register personalty at arty of our RegUliulion j SPH Advertising Sales 8t
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      91 5 Speed, decisiveness, and an unwavering position of advantage little wonder why the E-Class is the executive's choice. To the perceptive, quality is always instantly recognised. To view the Mercedes-Benz E-Class range, call your friendly salesman. Mercedes-Benz Engineered to move the human spirit. M CYCLE CARRIAGE INDUSTRIES MERCEDES-BENZ SALES SHOWROOM: 209
      91 words
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  • REST OF ASIA
    • Article
      Lock icon Japan posts record US$130b current account surplus
      506 6 Reuter TOKYO Japan's vast current account surplus rose to a record U*****.04 billion (SS2OI billion) for the year which ended March 31. but economists said they expected the robust yen to trim the surplus this business year. Figures released by the Finance Ministry
      Reuter  -  506 words
    • Article, Illustration
      Lock icon Manmohan defends India's stay in Gatt
      441 6 AFP NEW DELHI India has no alternative but to stay within the General Agreement on TaritYs and Trade system to ward otY economic "blackmail" by more powerful trading nations. Finance Minister Manmohan Singh, in a plain-speaking specch yesterday in response to opposition demands that
      AFP  -  441 words
    • Article
      Lock icon New Aussie migration plan targets Asian businessmen
      424 6 Reuter CANBLRRA The Australian government yesterday announced a revamped business migration scheme aimed specifically at luring new Asian business migrants and their investment funds. The government will create a new investment-linked class of visa where a migrant pledges to invest at least A
      Reuter  -  424 words
    • Article
      America eyeing India, Indonesia, S Korea as big consumer market
      462 6  -  By Chuang Peck Ming SINGAPORE America is eyeing India. Indonesia and South Korea as big markets for consumer goods, although they still have some way to go in opening up to imports. Calling the consumer goods sector the Indian market's
      462 words
    • Article
      Lock icon Bangladesh unveils 8.7pc higher development plan budget
      321 6 Reuter DHAKA Bangladesh, trying to wean itself from dwindling foreign development aid. unveiled a 106 billion taka (554.13 billion) budget for its annual development programme (ADP) yesterday. The budget for the 1994/95 ADP year, beginning July 1, was 8.7 per cent higher than
      Reuter  -  321 words
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      146 6 I PRIME FREEHOLD RESIDENTIAL DEVELOPMENT SITE I 6 Hillview Road I FOR sale by tender V m mmmm Im i m IM m m I Large land area of over I TP 300,000 sq. ft. I 6 p) I Potential residential plot l I v\<& I ratio of 1.92 mA/
      146 words
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      233 6 A Feast That's Out Of This World, Need Not Cost The Earth. FOUR-VARIETY COLD DISH I COLD DISH DELUXE LOBSTER COLD DISH HKf BRAISED SHARK'S ON WITH J BRAISED SHARK'S FIN BRAISED SUPERIOR SHARK'S FIN ROAST SICKLING PIG ROAST SUCKLING PIC HfejUßßlfi ROAST CHICKEN BVJHB I STEAMED GAROUPA STEAMED POMFRET
      233 words
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      234 7 Deutsche Aerospace for commuremote I SB l*« jg -*d L. Aai t&i j The four-engined A 340 l n a sets new standards in 9^> |^HH^ BDaimlerßenz Deutsche Mercedes-Benz Aerospace Passenger Cars Systems Aircraft Systemhaus Commercial Microelectronics Space Systems Financial Services Defense Insurance Brokerage Energy Systems Technology i^^^HHli^^^^HHii The Shanghai
      234 words
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      748 8 Elec Eltek accredited for quality f I l oday Elec Eltek, one of the largest, independent printed circuit board manufacturer in Advanced Controls (hk) Ltd. I Southeast Asia, has cause for celebration. AlfagoldChemicals Limited R€S€ARCH (FAR CAST) LTD. I JL We are toasting the award of the ISO 9002 accreditation
      748 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Australian Budget not expected to reduce deficit
      899 9  -  Reports by Florence Chong in SYDNEY WHEN Treasurer Ralph Willis unveils the Budget for 1994 today, he will almost certainly go against the demands of financial markets for a reduction in Australia's Budget deficit. Analysts say the Budget deficit for 1994-95 is expected
      899 words
    • Article
      Controversial training wage likely to be announced
      302 9 THE Australian Budget is expected to announce the introduction of the controversial training wage. Under the plan, employers will be permitted to pay traderelated workers wages which are 20 per cent lower than the minimum award wages. The suggestion of underaward wages was
      302 words
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      65 9 <Uhe hottest pick-up place. Caper's Smart Lunch. At only $21.50* it's also a smart choice. For you will enjoy the best of Asian favourites and Continental delights while soaked in the absolute comfort and plushness of The Regent. Capers, the pick of smart lunches. the ~k (sßeeent V Singapore B
      65 words
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      82 9 The World United. *>***' It's a world unto itself. Encompassing five continents and over three hundred cities. .Sfck And populated by nearly seventy million passengers who rely on our unsurpassed service *1 to make them feel at home wherever and whenever thev travel. s I. Come fly the airline that's
      82 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon North Yemenis again refuse mediation
        109 10 Reuter SANAA Northern Yemenis, vowing to "cut off the fingers" of southern rivals, yesterday repeated their refusal of mediation to stop the war dismembering the Arab state. "What is going on in Yemen is a pure confrontation by the legal authority with a rebellious and
        Reuter  -  109 words
      • Article, Illustration
        Lock icon Clinton's new Special Adviser
        52 10 Reuter WASHINGTON President Bill Clinton listening as William Gray spoke to the press in the Rose Garden on Sunday after being appointed Speeial Adviser to the President and Secretary of State on Haiti. Mr Clinton also announced steps to bring about the restoration of democracy in
        Reuter  -  52 words
      • Article
        Lock icon Lloyd's set to announce loss of £2.5b
        82 10 Reuter LONDON Lloyd's of London insurance market is expected to announce a loss of just over £2.5 billion (555.7 billion) on May 24 for its 1991 year of account, the Association of Lloyd's Members said in a statement yesterday. The forecast is based
        Reuter  -  82 words
      • Article
        Lock icon Croatia adopts currency of Nazi era
        80 10 Reuter ZAGREB Croatia has distressed Serbs and Jews by its plans to revive the currency used by the Nazi puppet regime of World War 11. The kuna will replace the dinar, inherited from Croatia's days as a republic of former Yugoslavia, from May 30
        Reuter  -  80 words
      • Article
        Lock icon Russian manoeuvres with US to go on
        71 10 AFP MOSCOW Russian President Boris Yeltsin said he was maintaining joint Russian-American military manoeuvres in July in Russia, the Interfax news agency reported yesterday. "We will hold (these manoeuvres) to reinforce the spirit of friendly cooperation" between Russia and the United States, he
        AFP  -  71 words
      • Article
        Lock icon Budapest bourse conies to a standstill
        80 10 Reuter BUDAPEST Trading ground to a virtual standstill on the Budapest Stock Exchange yesterday as dealers came to grips with the Hungarian Socialist Party's crushing victory over conservatives in first-round elections at the weekend. The HSP, which groups many of the reform communists who
        Reuter  -  80 words
    • Article
      Israel, Palestine now have prosperity in their sights: SM Lee
      512 10  -  From Agnes Chen in JERUSALEM BY GIVING up war and terrorism, Israel and Palestine arc giving their people a shot at high economic growth and prosperity, Singapore's Senior Minister Lee Kuan Yew told guests at a dinner hosted by Israeli
      512 words
    • Article
      Lock icon US, European multinational firms seek investment accord
      530 10 FT WASHINGTON European and American multinational companies, concerned about discriminatory investment policies on both sides of the Atlantic, have launched a push for either a US-EU investment treaty or a wider investment pact among members of the Organisation for Economic Cooperation and Development.
      FT  -  530 words
    • Article
      Lock icon Major under pressure to call referendum on Europe ties
      282 10 AFP LONDON Prime Minister John Major was under the gun yesterday to eall a referendum on closer ties with Europe after his party's crushing defeat in local elections last week raised new questions over his leadership. The lories' thrashing, seen as
      AFP  -  282 words
    • Article, Illustration
      Lock icon A kiss of thanks
      50 10 Reuter MOSCOW Russian President Boris Yeltsin kissing the hand of a little girl after she presented him with flowers at the celebration of Victory Day here yesterday. Russia celebrates the 49th anniversary of the victory of the Soviet army over Nazi Germany on May 9. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Mandela committed to market economics: US Commerce Secretary
      330 10 Reuter JOHANNESBURG United States Commerce Seeretary Ron Brown said on Sunday he was convinced South Africa's President-elect Nelson Mandela was committed to marketdriven economic policies. He urged American companies to move in now. "Political change is not enough without economic change and
      Reuter  -  330 words
    • Article
      Lock icon Britons borrowed record £516m in March
      295 10 Reuter LONDON British consumers took on a record amount of credit in March, suggesting that people remained confident ahead of a huge increase in personal taxes in April. Figures from the Central Statistical Office showed Britons took on a net £516 million (SS 1.18
      Reuter  -  295 words
    • Article
      Lock icon US Secretary of State in Mexico for talks
      221 10 AFP MEXICO CITY Secretary of State Warren Christopher and a high-level US delegation opened discussions with Mexico on Sunday on a wide range of topics as the two countries seek to cement closer tics despite recent political and economic upheaval in Mexico.
      AFP  -  221 words
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      319 10 Blue 240 8043 101.60 x 84 40 1000 8068 Herma is one of the largest manufacturers of computer labels in Europe. Green 240 804s 2000 8163 Manufactured to strict specifications, Herma Computer Labels are: 88 90 x 48.40 210 soso 6000 8213 Safe trouble free and can be used on
      319 words
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  • SPORTS
    • Article, Illustration
      Lock icon Seve returns to winning ways with UK victory over Faldo
      721 11 AFP SEVE Ballesteros is back where the whole of European golf wants to see him in the winner's enclosure. After 26 barren, depressing months the game's most charismatic figure lifted the Benson and Hedges International at St Mcllion in England
      AFP  -  721 words
    • Article, Illustration
      Lock icon Flying to catch an Oriole
      55 11 Reuter BALTIMORE Cleveland Indians' second baseman Carlos Bacrga dives to his right to get to a grounder hit by the Baltimore Orioles' Mark Mctanorc in the third inning on Sunday. But Bacrga was unable to rccovcr in time to stop Mctanorc at first base, and
      Reuter  -  55 words
    • Article
      Lock icon Blaylock helps Atlanta advance to the second round for the first time in 6 years
      768 11 NBA playoffs AP TOP-SLLDBD Atlanta Hawks, extended to a deciding NBA playoff game by eighth-seeded Miami Heat, used an outstanding performance by Mookie Blaylock on Sunday for a 102-91 victory to advance to the second
      AP  -  768 words
    • Article
      Lock icon High and dry Daly a winner at BellSouth
      404 11 NYT JOHN Daly took another giant stop on the long road baek on Sunday. He took an emotional walk aeross the minefield, from alcoholism, from suspension and, ultimately, from self-doubt, all on one cool, spectacular afternoon, and he won the Bell South
      NYT  -  404 words
  • SPORT SHORTS
    • Article, Illustration
      Lock icon Badminton
      95 11 AFP JAKARTA Malaysia start their defence of the Thomas Cup here today with the toughest of paths to the final ahead. Team manager Punch Ganalan admits the competition will not be easy and has set an immediate target of just getting to the semi-finals. Malaysia start their group B
      AFP  -  95 words
    • Article, Illustration
      Baseball
      75 11 NKW YORK Major league Sunday American: Detroit 3 Seattle 4; Baltimore 8 Cleveland 6; NY 8 Boston 4; Toronto 3 Milwaukee I; Chicago 7 Kansas City 9; Texas 2 Minnesota 5; California 7 Oakland 0. National: Pittsburgh 9 Chicago 2 (Ist game); Pittsburgh 9 Chicago 3 (2nd game); Atlanta
      75 words
    • Article, Illustration
      Basketball
      41 11 NKW YORK NBA playoffs Sunday hastern Conference, Ist rd: Atlanta 102 Miami 91 (Atlanta wins best-of-fivc series 3-2). 2nd Knd: NY 90 Chicago 86 (NY leads best-of-seven series 1-0). Western Conference, 2nd rd: Houston 87 Phoenix 91 (Phoenix leads 1-0).
      41 words
    • Article
      Lock icon Cycling
      70 11 AFP LYNCHBURG, Virginia Belgian Peter Verbccken led a sweep of the top three places by the Collstrop team here on Sunday in the fourth stage of the Tour DuPont race. Briton Malcolm Elliott finished 13th. and picked up a twosecond sprint bonus earned in Appomattox to stretch his overall
      AFP  -  70 words
    • Article, Illustration
      Lock icon Golf
      91 11 Reuter RUNAWAY BAY, Jamaica Brazil and Finland led the way in the 36-hole Western /one qualifier for the 40th World Cup of Golf on Sunday as their two-man teams tied for honours with totals of two-over-par 290. Hosts Jamaica joined Norway as the other two qualifiers and earned trips
      Reuter  -  91 words
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      321 11 11* SHSW CATaOOCT Man's Mot's Man Woman's Woman's Woman Opan Junior Vrtsuis Opan Junior htoag» (20)oA (40yn& (Nocge (20yn& |35>n& fcrif bdcM) aboM) lnd| b«iow) dma| TOCBTI Er*y [T] m ra en m 0.0. •*——SNprtl I M II I I I II I I I II 11l Fwr persons may
      321 words
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      988 12 p'km Nothing Beats A Bud. where to wine, dine and entertain OF FRESH .PASTA DAI LY. F From Pasta Fresco. The only restaurant to make its own specialty pasta. Fresh, everyday. Savour perfect pizza, great ,-y gelati and terrific tiramisu. All topped with Italian hospitality. Posta Ftmsea Do Satvatar* Pl*
      988 words
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      Page 12 Advertisements Column 2
      274 12 lifiiiii AX THE CHATTERBOX 13 22 May 1994 4 chefs from Lai Lai Sheraton have made a come back due to popular demand Don t miss this opportunity to savour authentic Taiwanese dishes during the food promotion Buffet lunch $20 SO** (Adull)/$l2 00** (Child) Buffet dinner: $22.SO** (Adult)/SI2 00** (Child)
      274 words
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  • LIFESTYLE
    • Article, Illustration
      UB40 carry on reggae revival with best of British beat
      869 13  -  Shahiron Sahari meets some highly successful adulterators of form Shahiron Sahari THLY have their detractors, but ÜB4O would like to think that they've played their part in helping to revive the popularity of reggae music throughout the world. "We've certainly
      869 words
    • Article, Illustration
      Lock icon Actor George Peppard, 65, dies
      445 13 Reuter ACTOR George Peppard, who rocketed to stardom in the 1961 romantic classic Breakfast at Tiffany's but may be best remembered for the hit 1980s adventure series The A-Team. died on Sunday night. He was 65. Peppard died of "respiratory complications" at the University of
      Reuter  -  445 words
    • Article
      Lock icon Author's Roman Republic rises in Pacific
      540 13 AP COLLEEN VlcCuHough's multi-volume epic of the Roman Republic is laced with heaps of violence and intrigue, but it's the lo\e scenes that give her the most trouble. "The only time that I ever agonise is over a love scene. I hate love scenes
      AP  -  540 words
    • Article
      Hillary is health care tonic: Lady Bird
      331 13 CHATTERBOX LADY BIRD Johnson admires Hillary Rodham Clinton's effort to reform health care. Lady Bird. 81. the widow of President Lyndon B Johnson, said she watched Hillary woo a crowd of 1.000 at a recent health care symposium in Texas. "I don't know
      331 words
  • Page 13 Advertisements
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      50 13 U DOUBLE Happiness AT THE RIVER PALACE a?' i Indulge in u CluTs Recommendation dish id ,i SI'hCI M, K \TK and enjoy n V.O\WU\lK\T\R\ IfKSSKKT in our Double Happiness' oiler! CHINESE RESTAURANT 5sE l «i V 4 RIVER F*L*E C'UeU*« I*2 lla. fUk R.h,.) <«/A />/. 7JJ99JJ ht-r: 71
      50 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1290 13 TV RADIO Prophet of Evil, 11pm, SBC 5 Based on a true story. Brian j Dcnnchy plays a cult leader \t\ _> 1 r who involves his extended m I j F family and other followers in a |H 1 killing spree to eradicate his V* A /^v religious rivals.
      1,290 words
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      860 14 1 M FOR THOSE SEEKING MORE THAN ONE DIMENSION TO TIME... "A watch is just a watch, so long as it tells the time." the more essential complications in a number of of our movements and bring into play the precisely It's the kind of statement that makes us all
      860 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      US property auctioneer targets Asia
      553 15  -  Kennedy-Wilson in blitz to sell 10 major hotel, golf and resort properties. Abdul Hadhi reports Abdul Hadhi US-BASED real estate auctioneer Kennedy-Wilson has offered 10 major international hotel, golf and resort properties with a total reserve price of more than US$lOO million (SSIS6 million) for
      553 words
    • REGIONAL SKYLINE
      • Article
        Lock icon JP Morgan may sell Olympia & York loans
        97 15 JP Morgan may sell Olympia York loans Bloomberg Business News NEW YORK JP Morgan may sell about USSIIO million (*****.6 million) of loans that can he turned into equity in buildings owned by Olympia York (L'S). Morgan and other institutions lent about US$l6O million to O&Y. backed by the latter's
        Bloomberg Business News  -  97 words
      • Article
        Lock icon Terengganu gets first int'l hotel
        73 15 Bernama KUALA LUMPUR US-based Park International Hotels and Resorts will become the first international hotel chain to open in the Malaysian east coast state of Terengganu. Its five-storey. 131-room hotel is expected to open in July in Kuala Terengganu. The hotel is owned by YTYI.
        Bernama  -  73 words
      • Article
        Lock icon Chesterton plans flotation
        65 15 Reuter LONDON Commercial real estate agent Chesterton plans to float its shares on the London Stoek Exchange. A spokesman said the flotation would be for "just north of £50 million (SSII6 million!". It is expected to take place in the next three months. Chesterton's pre-tax profit in
        Reuter  -  65 words
    • Article, Illustration
      Bugis Junction hotel plans period rooms
      197 15  -  By Lilian Ang THE Inter-Continental Hotel chain plans to set aside about 20 per cent of the 406 rooms at its new Bugis Junction development for unique period rooms shophouses refurbished as guest rooms. The hotel, due to open in the second half of
      197 words
    • Article
      Lock icon Beijing office rents likely to rise further
      186 15 Reuter OFFICE rents for foreign companies in Beijing will continue to climb for at least the next two years, with demand far ahead of supply. the China Business Daily reported. In 1993 rents rose by 25-30 per cent over 1992 levels, the paper
      Reuter  -  186 words
  • Page 15 Advertisements
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      876 15 I Straits Steamship Land Limited I H (Incorporated in the Republic of Singapore) I I NOTICE OF FULL AND FINAL REDEMPTION I I $150,000,000 NOMINAL AMOUNT OF 1.5% UNSECURED LOAN STOCK I 1989/1994 ("LOAN STOCK") WITH WARRANTS TO SUBSCRIBE FOR SHARES IN STRAITS STEAMSHIP LAND LIMITED ("WARRANTS 1994") I To
      876 words
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      Page 15 Advertisements Column 2
      103 15 (Either En-bloc or Separately) DONT MISS OUT ON THIS RARE INVESTMENT OPPORTUNITY! Altogether 13 units of 2 and 3-storey Conservation shophouses undergoing restoration works for restaurant/shop/office usage. Parcel A 101-109 TELOK AYER ST 783.4 sqm Parcel B 111-115 TELOK AYER ST 7,9,11,15 BOON TAT ST 616.9 sqm ParcelC 17#00NTATST 165.5
      103 words
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  • Article
    The ADB needs a middle road
    545 16 EDITORIAL THE annual meeting of the Asian Development Bank, held last week in Nice on the French Riviera of all places, proves to be a historic turning point in the bank's 28-year history. The stormy deliberations in Nice showed just how profound a restructuring
    545 words
  • WHAT THE OTHERS SAY
    • Article
      What else didn't happen?
      172 16 WHEN will Japanese politicians understand that Tokyo cannot hope for Asian support in its efforts to become a global political player if it cannot bring itself to bear the truth of what it did in Asia half a century ago? It would be strange indeed for
      172 words
    • Article
      Revving up technology transfer
      149 16 PRIME MINISTER Mahathir Mohamad, during his visit to a Citroen plant earlier this week, said Malaysia is studying the possibility of starting a third national car project with the French manufacturer. It is hoped that whichever European party is finally chosen to join the third national
      149 words
    • Article
      Pushing the pace of peace
      234 16 THE CAIRO REPRISE of the Arafat-Rabin handshake on Wednesday, save a few knotty details, bodes well for the prospects of the peace process to reach its desired end point. But the tangle of details is at its most devilish over the issue of security. It
      234 words
    • Article
      Cambodia: the elusive peace
      198 16 ONE YEAR after the Cambodian people made their choice of government through ballot, bullets still rule the game. This has led King Norodom Sihanouk to warn that Cambodia faces the peril of permanent civil war. Once again, the Khmer Rouge is the thorn in the flesh.
      198 words
    • Article
      Imbalance in flat application
      174 16 THE NUMBER of first-time HDB flat applicants has increased by 60 per cent from 1991 to 1993. During the same period, the number of applicants who have requested for transfer to bigger flats has jumped threefold. That means out of every 10 applicants, six fall under
      174 words
    • Article
      Welcome reassurance
      119 16 LU PING's deliberate refusal to meet the Governor has made this an unhappy week for Sino-Hongkong relations. Yet with his speech yesterday to Hongkong's chambers of commerce as with his positive remarks on the airport and his attendence at the ceremony marking the Bank of China's debut as
      119 words
  • Article
    Lock icon What real estate can teach the bond market
    1265 16  -  Gerard Meuchner and Mike Streeto explain the surge in US Treasury yields Gerard Meuchner Mike Streeto Bloomberg Business News YOU NEED ONLY consider the debt-driven real estate binge of the 1980s to understand the US government bond market of today. The real
    Bloomberg Business News  -  1,265 words
  • Page 16 Advertisements
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      166 16 j s I 1 NOW THE EASIEST WAY TO RETRIEVE lINFORMADON FROM THE SPH GROUP OF NEWSPAPERS AND MAGAZINES... j ZZX—- INTRODUCING I NEWSLINK An electronic information service that enables you to access news articles and reports instantly. Haifa million articles dating back to 1989. At a touch of a
      166 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      125 16 iTs L DPiV o|r sut minute i i c p*vf PiGuCe it step ims\de. this I'm Su£f?oUNP£Dßy OUT.. STORnn CLOUD S eMMKMIIO »(WWAM*I LTO. HO-MM CK-fl. 916€ DOONESBURY GARRY TRUDEAU fAUORTTB NIXON STRIPS £A "%1L TO BE RESPONSIVE AT THIS TIME, FROM AUGUST 14,19T9...\ RON, ANSWER THOU6HI WILL SIMPLY SAY
      125 words
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  • ANALYSIS
    • Article, Illustration
      The case for floating exchange rates
      1957 17  -  Former Bundesbank head Karl Otto Pohl says free rates do not necessarily mean unstable rates Karl Otto Pohl TO roughly paraphrase Winston Churchill's celebrated comment about democracy, flexible exchange rates are probably the worst system of all except tor the alternatives. Never more so
      1,957 words
    • Article, Illustration
      What makes CNN's Larry King tick?
      1268 17  -  Ivan Fernandez tries to figure out how Western mediamen think Ivan Fernandez 'The writer is the deputy editor of The Sew Paper OH. for a peek inside Larry's head. What moves Cable News Network's Larry King to breathe fire over, say, the Michael Fay
      1,268 words
    • Article
      Gulf between Mr Critic and Mr Average
      176 17 Elite journalists hate to admit it hut they arc not always in touch with Mr Average. lake the big-city American editor. Roseannc's hubby (TV's common man) he is not. A group of US editors I met at a Stanford University publishing course painted
      176 words
  • Page 17 Advertisements
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      50 17 We mi© Korea I rwi ca. iwismmegl Be Sure To Get Your Copy Today! Available at these hotels: Chosun Ramada Renaissance x I Plaza Intercontinental V I Universal Publications Agency Ltd. X A. 54 Kyonji-Dong, Chongno-ku Tel: 734-7611 Fax:o2-720 6505 6 When High-Tech Companies need personnel, they plug into IppoiNTMENTS
      50 words
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  • Article
    Lock icon Hata pleads with LDP to help pass Budget, tax reform Bills
    381 18 Reuter TOKYO Japanese Prime Minister Tsutomu Hata pleaded with opposition leaders yesterday to help his battered minority government push through a long-delayed state budget and promised tax reforms. Mr Hata, speaking as Parliament reconvened after a 10-day holiday break,
    Reuter  -  381 words
  • Article, Illustration
    Lock icon Blacks take power in S Africa; Mandela is elected President
    421 18 Reuter, AP CAPE TOWN South Africa's black majority took power yesterday and Nelson Mandela was elected President in the city where white minority rule began and its notorious instrument, apartheid, was imposed and finally abolished. An hour after being appointed
    Reuter,; AP; Reuter  -  421 words
  • Article
    Hu bound for S Africa
    47 18 SINGAPORE The Minister for Finance, Richard Hu. will represent Singapore at the inauguration ceremony of South Africa's new president. Nelson Mandela, today in Pretoria. Dr Hu will he accompanied by Ambassador Herman R Hochstadt and officials from the Ministry of Foreign Affairs.
    47 words
  • Article
    Lock icon China has good chance of winning MFN, says US chamber in HK
    446 18 Reuter HONGKONG China has a better than even chance of winning renewal of its US trade privileges but partial sanctions may be part of the final package. Hongkong's American Chamber of Commerce president Frank Martin yesterday said the
    Reuter  -  446 words
  • Article
    Lock icon Asean will urge US not to pressure it on trade and labour reforms
    426 18 The Straits Times WASHING I ON Asean officials will urge the United States not to resort to punitive measures such as the Super 301 rule to pressure countries in the regional grouping to introduce trade and labour
    The Straits Times  -  426 words
  • Article
    Lock icon G-10 central bankers optimistic about economies, says Bundesbank head
    334 18 Bloomberg Business News BASLE The Group of 10 central bankers are "more optimistic" about the outlook for their economies, says Hans Tietmeyer, president of Germany's Bundesbank. "All in all. we are now a little bit more optimistic as far as the
    Bloomberg Business News  -  334 words
  • Article, Illustration
    Jakarta must act swiftly to tackle image problem
    793 18  -  The Bottom Line WILLIAM CHIA WILLIAM CHIA The writer is a BT correspondent AT A recent investment forum in Jakarta, prominent Indonesian executive Tanri Abeng told State Minister for Development Planning Ginandjar Kartasasmita that Indonesia's negative image was hampering its efforts to
    793 words
  • Article
    Lock icon KL may change legal system to reflect local values
    398 18 AFP KUALA LUMPUR Malaysia's Deputy Prime Minister yesterday hinted at future changes to make the country's legal system reflect local traditional and religious values, as the Lower House of Parliament was asked to end the king's veto power. Despite its English
    AFP  -  398 words
  • Page 18 Advertisements
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      256 18 !'<+;+"~$=(;?'{(:!):_$~?]={"[!; BUSINESS TIMES TOI.L -FREIs TBI.. No 1-800-741-1883 FAX 741 -t296 SEAPORT SHIPPING PTE LTD (Member*' Voluntary WindingUp) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the Final General Meeting of the Memberi of the abovenamed Company will be held at 11 Collyer
      256 words
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      Page 18 Advertisements Column 2
      15 18 Mandela committed to market economics: US Commerce Secretary, Pr 10 Appointment Ads An Effective Contributor
      15 words
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      Page 18 Advertisements Column 3
      130 18 &>@|?>;>)%":(\$<,(|%_<~.:]{['"@ BUSINESS TIMES TOLI. FRF.KTEI. No 1-600-741-1883 FAX 741-1298 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that. I Ong Kee Toh, of Block 107 Towner Road #15-374, Singapore 1232, have %>- plied for a First Class Public House Licence in respect of premises at M/S Soon Bee Music Lounge at
      130 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      German giant to list shares in US$, pay dividends in S$
      497 19  -  Daimler-Benz's secondary listing on SE By Juliette Walker SINGAPORE Shares in German industrial giant Daimler-Benz will be listed today on the Stock Exchange of Singapore (SES) in US dollars, but dividends will be payable in local currency. Gerhard Liener,
      497 words
    • Article
      Unit plans to set up regional parts centre in S'pore
      211 19 SINGAPORE A unit of Germany's Daimler-Benz, which finalises its secondary listing on the Singapore stock exchange today, is setting up a regional parts centre here. Gerhard Liener, group financial director of DaimlerBenz, yesterday said MercedesBenz would open the centre to
      211 words
    • Article
      Lock icon Daimler shares hit by analysts' report
      127 19 Reuter FRANKFURT Shares in Daimler-Benz AG were sharply lower in lacklustre trading yesterday, after an analysts' association released a high loss-per-share figure for 1993 for the industrial giant last Friday, dealers said. The German Association of Financial Analysts, DVFA, said last week that DaimlerBenz
      Reuter  -  127 words
    • Article
      Sembawang in Thai petrochem engineering tie-up
      271 19  -  By Dexter Lee SINGAPORE The Sembawang group has formed its first major alliance with Thai companies to win a share of the growing infrastructure and petrochemical markets in and around Thailand. Yesterday, Sembawang Industrial and Sembawang Thailand Company sealed a joint-venture agreement in Bangkok
      271 words
    • Article
      Can Richard Li break the Seapower Asia jinx?
      829 19  -  HOCK LOCK SIEW By William Chia SINGAPORE Hongkong entrepreneur Richard Li is obviously not a superstitious person. Otherwise he would have thought twice about acquiring a controlling stake in Seapower Asia Investments Ltd and topping it with a general offer for the
      829 words
    • Article
      UE and Anhui to invest in other countries
      258 19 SINGAPORE United Engineers, which will jointly build and manage a US$6OO million (Ss93o million) power plant in Anhui with the local government, intends to co-invest in power projects in other countries with its Chinese partner. UE chairman I F Tang said last
      258 words
    • Article
      DBS Land takes 25pc stake in Penang medical centre
      220 19 SINGAPORE DBS Land has taken a 25 per cent stake in an MSI 1.5 million (556.67 million) medical centre project in Penang its first foray into the regional health care sector. The listed group yesterday sealed the agreement for the joint
      220 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        44 19 Weak Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Overnight events may alter sentiment Brokers polled Alliance. Daiwa. OK Ooh. Kay Hian. Morgan Orenjell. Ongco, Phillip. Smith New Court. Wl Carr and SO W arburg.
        44 words
      • Article, Illustration
        HOT STOCK
        133 19  -  By Quak Hiang Whai Uniphoenix Corporation TSRs have been trading downwards since January, with consistently lower peaks. But the good news is that its support at $1.20 has proved to be sustainable, so any further dip especially below $1.20 could make the stock very attractive. Medium-term support also
        133 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          SAE wins deal to upgrade tanks
          49 20 SINGAPORE A member of the Singapore technologies stable, Singapore Automotive Engineering, has won a contract worth more than S2O million to upgrade AMX-13 tanks overseas. SAL is a subsidiary of Chartered Industries of Singapore, which is the ordnance arm of Singapore l eehnologies.
          49 words
        • Article
          Business Traders sells Hind shares
          43 20 SINGAPORE Business Traders, a Hongkong-based holding company of the Myanmese-lndian Jhunjhnuwaia family, and a substantial shareholder in the Singapore-based Mind Hotels International, said yesterday that it disposed of 11.17 million SI shares in Hind Hotels on Mav 5.
          43 words
        • Article
          Lock icon Kemayan to buy PNG timber firm
          70 20 Reuter KUALA LUMPUR Kemayan Oil Palm Bhd said it has agreed to acquire the entire equity interest in Hongkong-based Shelomi Ltd which has a 95 per cent stake in a Papua New Guinea timber company. Kemayan will acquire Shelomi for MS27 million to be
          Reuter  -  70 words
        • Article
          Tan & Tan Devt sees profit jump
          60 20 Tan Tan Devt sees profit jump KUALA LUMPUR lan fan Development Berhad has forecast a pre-tax profit of Ms7o million for the year ending Jan 31, 1995, after its proposed acquisitions and special issue compared with M 544.92 million before the proposals. It said its gross earnings per share will
          60 words
        • Article
          Lock icon Golden Plus' profit down 9pc
          64 20 Bernama KUALA LUMPUR Golden Plus Holdings BerhadV group pre-tax profit dropped 9 per cent to MS 18.64 million for the year ended Dee 31, 1993, against M 520.49 million recorded previously. Announcing its unaudited results here yesterday, the company said group turnover decreased 7.4 per
          Bernama  -  64 words
      • Article
        Lock icon Tan Chong poised for expansion in China and Asia-Pacific
        424 20 Bernamaa KUALA LUMPUR lan Chong Motor Holdings Bhd. with its large accumulated reserve, is well placed to expand further into China and invest in other parts of the Asia-Pacif-ic, such as Indochina. Its chairman, lan Kim Hor, yesterday said that besides
        Bernamaa  -  424 words
      • Article
        Lock icon Multi-Purpose expects to maintain profitability
        156 20 Bernama KUALA LUMPUR MultiPurpose Moldings lihd is confident of at least maintaining its operational profitability during the current year. Chief executive Lim fhian Kiat yesterday said that with the Malaysian economy expected to maintain its growth at 8.4 per cent this year, the group's core
        Bernama  -  156 words
      • Article
        Lock icon DEB expects continued strong performance
        190 20 MBT KUALA LUMPUR Dunlop Instates Bhd (DIB) expects the performance of its group lo remain strong, with growth in line with that of its Magnum subsidiary, says chief executive officer Lim Thian Kiat. lie says, however, the performance of the company will he linked to
        MBT  -  190 words
      • Article
        Informatics adding 10 training centres abroad
        178 20  -  By Ven Sreenivasan SINGAPORE Sesdaqlisted Informatics lias expanded its international operations by adding 10 new training eentres since the start of the year. At March 31. five new centres had begun operating in Malaysia. India and Indonesia. i he other five will open soon
        178 words
      • Article
        UNIT TRUSTS & FUNDS
        573 20 UNIT TRUSTS FUNDS Managers' prices May 10 i s Or fund 101 105" Singapore Unit Trust UMB Invest Mgt Ltd IV < iMnmcRV 170 1.79 Unilund 144 1.50 Ihe Vivmgs fund I SS 163 I n .bond f 1025 1 05 Spore fiog fund 071 0 75 United tir fund!
        573 words
      • Article
        Shinawatra plans 500m rupee Indian joint venture
        321 21  -  From Loh Hui Yin in BANGKOK THAI telecommunications group Shinawatra is spreading its business beyond Southeast Asia this time to India. It wants to link six cities in the vast country through a paging service under a 500million rupee (5521.5 million) joint venture
        321 words
      • Article
        Lock icon Stanchart Asia refutes claim over prospectus
        157 21 Bloomberg Business News HONGKONG Merchant bank Standard Chartered Asia refuted claims that a prospectus for an initial public offering it sponsored contained inaccuracies, the South China Morning Post reported. About two weeks ago, ceramics company Siu-Kung Ceramics Holdings said the prospectus for Interform Ceramics
        Bloomberg Business News  -  157 words
      • Article
        Lock icon Sri Lankan bank offer 43 times subscribed
        182 21 Reuter COLOMBO People's Merchant I3ank Ltd's initial public offering (IPO) was 43 times subscribed, with more than half the applications coming from small investors. Phis is proof of Sri ka's expanding investor base. It also signifies an increase in liquidity through an everexpanding
        Reuter  -  182 words
      • Article
        Lock icon Maika invests in listed companies in India
        366 21 NST KUALA LUMPUR As part of its diversification overseas, Maika Holdings Bhd has invested in listed companies in India. Chairman G Pasamanickam said Maika would continue to look for a good portfolio of investments both locally and overseas. In his latest annual statement,
        NST  -  366 words
      • Article, Illustration
        Lock icon Time may be right to buy HK stocks: analysts
        673 21 MARKETWATCH But punters must be prepared to ride out further falls Reuter HONGKONG Far-sighted investors may want to start accumulating Hongkong stocks again, but only if they have the stomach to ride out further falls, analysts said yesterday. Hongkong's Hang Seng
        Reuter; Source: Bridge Info  -  673 words
      • Article, Illustration
        Lock icon G Hope tie-up captures 20pc of Viet cooking oil market
        427 21 Bernama HANOI Only eight months after its launch, "Marvcla", the cooking oil bottled by a Malay-sia-Vietnam joint venture, has already taken more than 20 per cent of the market share in Vietnam despite competition from smuggled products. "It is a
        Bernama  -  427 words
      • COMPANY BRIEFS
        • Article
          Lock icon HK's Joyce Boutique sales up 23pc
          86 22 Bloomberg Business News HONGKONG Sales by Hongkong luxury fashion retailer Joyce Boutique Holdings rose 23 per cent in the second half of tiscal 1994 from the year-earlier period, according to its managing director Roberto Dominici. Joyce's fiscal year ended March 31. In the first
          Bloomberg Business News  -  86 words
        • Article
          Lock icon Beijing denies political link in sponsors
          71 22 Bloomberg Business News HONGKONG China denied playing politics by choosing US merchant banks over their British counterparts to sponsor forthcoming overseas listings by state enterprises, the South China Morning Post reported. US firms have reportedly secured mandates to handle 12 of 22 proposed listings,
          Bloomberg Business News  -  71 words
        • Article
          Lock icon Thakral buys A$260m of properties
          94 22 Reuter SYDNEY Singapore-based property group Thakral Holdings said it has bought a portfolio of hotels and retail properties from Westpac Banking Corp for As26o million (Ss2B9 million). Thakral said the purchases position the company as a major player in Australia's tourism and property sectors and
          Reuter  -  94 words
        • Article
          Lock icon Brierley unit ups James Hardie stake
          42 22 Reuter SYDNEY Brierley Investments Ltd's (BIL) 96 per cent owned Australian Consolidated Investments Ltd said it raised its stake in building materials group James Hardie Industries Ltd to 8.44 per cent from 6.62 per cent. Reuter
          Reuter  -  42 words
      • Article
        Lock icon Kenwood to form audio joint venture in Shanghai
        160 22 Reuter TOKYO Kenwood Corp said it has agreed with Shanghai Video Audio Electronics Co Ltd (SVA) of Shanghai to form a joint venture in June to produce audio equipment. The new company, Shanghai Kenwood Electronics Co Ltd, capitalised at US$l3.5 million (5521.3
        Reuter  -  160 words
      • Article, Illustration
        Lock icon General Electric investing US$500m to plug into China
        370 22 Bloomberg Business News BEIJING General Electric Co intends to invest USSSOO million (Ss7Bo million) in China over the next three to five years, including the establishment of up to seven major new enterprises, the official China Daily newspaper reported. "We are planning
        Bloomberg Business News  -  370 words
      • Article
        Lock icon Burns Philp posts A$97m nine-month profit
        323 22 Reuter SYDNEY Food group Burns Philp and Co Ltd has posted a net profit of A 596.8 million (Sslo6 million) for the nine months to March 31, up from A 575.9 million a year earlier. A Burns Philp spokeswoman yesterday said the previous nine-month
        Reuter  -  323 words
      • Article
        Lock icon Telecom NZ expected to post bumper profits, pay higher dividend
        310 22 Reuter WELLINGTON New Zealand phone company Telecom Corp is forecast to report a bumper annual profit and higher dividend pay-out this week, analysts said yesterday. Despite this, the shares in New Zealand's largest company have slumped 18 per cent in
        Reuter  -  310 words
      • Article
        Lock icon Ssangyong, Aramco tie up to build oil refinery in China
        149 22 AFP SEOUL South Korea's Ssangyong conglomerate said yesterday it has agreed with its Saudi Arabian partner, Aramco, to build a US$l.5 billion (552.4 billion) oil refinery on China's east coast. The conglomerate said its subsidiary, Ssangyong Oil Refining, would team
        AFP  -  149 words
    • FINANCE
      • Article
        Lock icon Indon banks may raise deposit rates again
        475 23 Knight-Ridder SINGAPORI* Indonesian commercial banks may raise their deposit rates by another 50 basis points before mid--1994, but rates will be toppish at that level, say traders in the region. Banks have raised their rates by two to three percentage points in the
        Knight-Ridder  -  475 words
      • SMALL CHANGE
        • Article
          Lock icon Sanwa to set up Ho Chi Minh office
          62 23 Reuter TOKYO Sanwa Bank Ltd has announced it will establish a representative office in Ho Chi Minh City on Ihursday to collect information about Vietnam. Sanwa will become the sixth Japanese bank to set up a representative office in Vietnam, following Bank
          Reuter  -  62 words
        • Article
          Lock icon Tokyo 'no' to redemption extension
          93 23 Reuter TOKYO Japan's Ministry of Finance (MOF) will not allow investment trusts to extend redemption dates of their battered stock investment trust units for a second time, an official said yesterday. "We haven't had any firms ask for a sccond extension on their stock investment
          Reuter  -  93 words
        • Article
          Lock icon Billions of renminbi in Vietnam: paper
          106 23 Reuter BEIJING An estimated 1.5 billion (***** million) renminbi is circulating in the northern part of Vietnam, the International Finance News said. It said the estimate comes from officials of the People's Bank of China in Guanpi, the Chinese region bordering Vietnam, and follows
          Reuter  -  106 words
        • Article
          Lock icon HKMA to offer HK$500m 6.35pc notes
          65 23 Reuter HONGKONG The Hong Kong Monetary Authority said it would offer HKSSOO million (Ssloo million) in 6.35 per cent two-year exchange fund notes. The notes will be offered next Monday for settlement the following day, the HKMA said. Another HKSIOO million will be held
          Reuter  -  65 words
      • Article
        Lock icon Bank of China, 2 other institutions to sell yen-denominated bonds
        298 23 Bloomberg Business News HONGKONG The Bank of China will kick off a series of yen-denominated bond sales by Chinese financial institutions this week when it sells at least 15 billion yen (*****.8 million) worth of seven-year fixedrate bonds, said Nikko
        Bloomberg Business News  -  298 words
      • Article
        Asian interest rates likely to move up, says Merrill Lynch
        237 23 SINCiAI'ORL A combination of inflation, credit growth and trade deficits will drive up Asian interest rates over the next six to 12 months, says Merrill Lynch. "While some Asian rates, like those in Hongkong, whose currency is pegged to the
        237 words
      • Article
        S Korean bank upgrades office in Singapore
        200 23  -  By Shiv Taneja SINGAPORE One of South Korea's Big Five banks has upgraded its representative office here to an offshore branch. The Hanil Bank branch will operate from today in securities investment, foreign exchange transactions, loan syndication and international trade finance. Singapore general
        200 words
      • Article
        Lock icon US$ will fall below 100 yen this year: chief economist
        248 23 Reuter NLW YORK Strong US economic data, higher US interest rates and coordinated central hank intervention will not prevent the US dollar from falling below the 100-yen level this year. Merrill Lynch's chief economist Donald Straszheim yesterday said the 267.000
        Reuter  -  248 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Commodity rise unlikely to fuel inflation: analysts
        357 24 Reuter LONDON A recent rapid rise in the price of oil and some other commodities reflects scarcer supplies and a strong US economy, but is likely to have only a muted effect on inflation, say analysts. Markets in oil and raw materials need
        Reuter  -  357 words
      • Article
        LME invites Asian floor membership applications
        519 24  -  From Neil Behrmann in LONDON ASIAN companies are invited to apply for prestigious floor membership of the London Metal Exchange (LME). The LME, the world's biggest metals market, is expanding and intends moving into new City of London premises in October, said chairman of
        519 words
      • Article, Illustration
        Lock icon India sets minimum cotton target for export from Sep
        284 24 Reuter BOMBAY India, which banned cotton exports in January, said it would ensure that at least 500,000 bales were available annually for export from September. Responding to industry complaints that a stop-go approach to exports would undermine India's relations with overseas
        Reuter  -  284 words
      • Article
        Lock icon Cotton price wars loom in China as shortage continues
        199 24 Reuter BLUING China may have price wars to obtain scarce supplies of cotton, with this year's acreage not reaching the target, the Materials Xeus said. In 1993. cotton output was 3.76 million tonnes, down 16.6 per cent from the 1992 level.
        Reuter  -  199 words
      • Article
        Lock icon Indonesian coal deposits seen ample for 300 years
        286 24 Reuter JAKARTA Indonesia's coal deposits are sufficient to meet domestic needs for 300 years if consumption is controlled, the head of a state-run coal company said. "Indonesia today has 36 billion tonnes in coal deposits, with latest production standing at 28 million
        Reuter  -  286 words
      • Article
        Lock icon London
        194 24 Bloomberg Business News LONDON The dollar fell more than half a pfennig against the dcutschc mark in Europe yesterday as traders waited for the US Federal Reserve to raise interest rates and the US Treasury bond rout continued. There was speculation the Fed would raise its 3.75 per cent
        Bloomberg Business News  -  194 words
      • Article
        Oil futures fall, Yemen conflict seen undisruptive
        186 24 Bloomberg ENERGY REPORT LONDON Crude oil futures declined on both sides of the Atlantic yesterday as concerns waned that a civil war in Yemen would disrupt crude loadings and supplies in the region. A surge of 40 cents to 50 cents last Kriday
        186 words
      • Article
        Lock icon New York
        87 24 AFP NHW YORK The dollar was mixed yesterday, falling against the German mark and rising against the yen in quiet but tense trading as traders awaited the Federal Reserve's next action on monetary policy. Around 9:40 am. the dollar was trading at 102.80 yen against 102.43 yen Friday
        AFP  -  87 words
      • Article, Illustration
        Untitled
        1741 24 hath- »imk v laliulaUxl attains! Spore's lop 14 trailing partners Base trtir /W US$/S$ forward rates Noon May 9 s$ Bid Offer 1-month I 5492 1 5507 2-month ***** 1.5507 V-month 1.5492 1.5507 6-month 1.5491 ***** Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on May 9 Singapore dollars
        1,741 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar lower on rate hike expectations
        1328 25 SIMEX REPORT Reiner SINGAPORE Simcx Eurodollar futures closed lower yesterday on expectations of an imminent rise in interest rates. A dealer with a Japanese commission house said: "The Fed is expeeted to inerease short-term interest rates by up to 50 basis points after the
        Reiner  -  1,328 words
      • Article
        Tin down on LME, currency factors
        616 25 COMMODITY REPORTS Tin MALAYSIAN tin closed four sen lower at MS 14.21 a kg yesterday on a weaker London market and a stronger Malaysian ringgit against the US dollar, traders said. Trading was cautious due to the Association of Tin Producing Countries meeting, which
        616 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Exporters buy back palm oil deals
          128 25 KUALA LUMPUR Malaysian and Singapore exporters have bought back some of their May-June palm oil deals from Pakistani firms, traders said. In local terms, Malaysian exporters have "washed out" their contracts as they have bought them back from the buyers at prices acceptable to
          128 words
        • Article
          Coffee supply problem expected
          102 25 BOGOTA While coffee prices are expected to continue their rise in the short and mid-term, supplies will decline and could present a problem later this year, according to Colombian coffee industry representatives. Colombia's new-crop coffee will not be available until the harvest begins in Septem- ber.
          102 words
        • Article
          No cutbacks seen: Japan zinc smelters
          132 25 TOKYO Japan's zinc smelters won't consider any new cutbacks in production for at least the first six months of fiscal 1994-95 (April-March), despite sharply reduced refining fees, according to industry sources. Japanese zinc producers reduced output 10 per cent on April I in an
          132 words
    • Article
      COMMODITY PRICES
      1433 25 Rubber May 9 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) twin Tittiri RSS1 Contract (S ccnts/kg) at 12 noon (S ccnts/kg) iiiah ,Y5i uinc 1 P**? RSS 2 June 94 152.00 153.00N "'g* 1 Low Sclt <lonnc5 > Interest KSS 3 June 94 151.00 I52.00N
      1,433 words
    • REGIONAL STOCK MARKETS
      • Article
        Untitled
        485 26 Manila wT Mat 6 Prvi <1MN)> VRV4 RN III l«i I (Ml Ml Vpec Mining HIT i.nh 1000 Xpex Mining B HI 7 Mlas < «m\ 12. 26 :iw VIIjs iwH 1 <««! \v jb IMP U XtablmpB W Mil \>ala I'm unit > II v. ,I.. I ,.(> ,i.
        485 words
      • Article
        Australia
        1294 26 -1-5 THE Australian share market built on midday gains to close stronger yesterday, propelled by a surging gold sector and positive sentiment from higher futures, brokers said. The All Ordinaries index closed 5.0 points higher at 2,009.3, up from its morning low of 1.993.5. But brokers said the market
        1,294 words
      • Article
        Seoul
        417 26 +3.74 Seoul stocks closed higher for the fourth consecutive session jn increased trading after profittaking pared an early eight-point gain, brokers said. The composite stock index added 3.74 points to 940.15. Samsung Electronics shed 200 won to close at 83,500. oft" a day's high of 84.7(H). Samsung Displav Devices
        417 words
      • Article
        New Zealand
        328 26 -4.93 The New Zealand share market picked itself up oft' the canvas to close only slightly softer after an opening fall of nearly 20 points. The NZSE-40 capital index closed at 2,043.49, down 4.93 points, after being as low as 2,027.66 at one point. Brokers said investors had
        328 words
      • Article
        Bombay
        61 26 37.52 Indian stocks rose for a third day running on expectations that the market's regulator would scrap unpopular new trading rules that have driven most investors from the market, brokers and analysts said. The Bombay stock exchange index rose 37.52 points, or 1 per cent, to 3,752.56 and the
        61 words
      • Article
        Taipei
        551 26 15.07 Taiwan stock prices closed oft" highs in active trade, as buying was limited by high margin loans outstanding, brokers said. The index ended up 15.07 points at 5,996.80, oft a high of 6,054. Turnover fell to NT566.54 billion from Saturday's shorter-session NT577.39 billion. State-run shares performed strongly after
        551 words
    • WORLD STOCK MARKETS
      • Article
        London
        656 26 -8.2 STOCKS fell amid concerns the Federal Reserve Board will raise US interest rates within the next several days, even though it left them unchanged yesterday. The FT-SE 100 Index of leading British shares fell 8.20 points to 3,097.80, pulled down by declining shares of HSBC Holdings pic, British
        656 words
      • Article
        Paris
        156 26 -18.8 French stock priccs closed lower, weakened for most of the day by concerns that US interest rates will climb soon. Priccs were also pushed lower by the Bank of France's decision to leave its key money market interest rate unchanged. A market holiday in France on Thursday, when
        156 words
      • Article
        Stockholm
        113 26 -13.49 Swedish shares eloscd lower after mining and construction machinery group Atlas Copco delivered a negative earnings surprise, undermining the market's strength to withstand the rise in bond yields, traders said. The OMX Index of 30 leading stocks fell 13.49 points to 1,143.17 with 23 of the stocks closing
        113 words
      • Article
        Frankfurt
        171 26 -18.14 Cierman stocks closed lower as investors bet that higher US interest rates might thwart the German Bundesbank from reducing its own rates. The DAX Index of 30 German shares closed at 2,218.88 in official floor trading, down 18.14 points from Friday's close in a session dominated largely by
        171 words
      • Article
        Brussels
        154 26 +0.3 Belgian stocks were little changed as investors showed caution amidst higher bond yields and fears the US could further raise interest rates. The Bel-20 index of leading Belgian shares closed up 0.3 point at 1,527.92. Investors fear inflation pressures in the US could trigger the Federal Reserve to
        154 words
      • Article
        Milan
        126 26 +54 Italian stocks ended mixed as insurance stocks were lifted by takeover talk but the rest of the market sagged with investors uncertain about the formation of the new government. The Milan market's blue-chip Mibtcl Index rose 54 points, or 0.42 per cent, to 12,854, after rising 3.0 per
        126 words
      • Article
        Amsterdam
        285 26 -5.32 Du*ch stocks finished lower as bourses around Europe fell and Dutch bond yields rose. "The dollar was lower. Wall Street was lower." said Henk Slotboom, a trader at Amstgeld. "There's precious little inspiration to be gained from overseas exchanges. It's quite a sad story." He said the decline
        285 words
      • Article
        Zurich
        270 26 -71.9 Swiss stocks sustained further losses yesterday, pushed lower by selling by foreigners and extending a decline in which the blue-chip index has tumbled 19 per cent from its high in January. The force that made the Swiss market among the best performers in Europe last year, overseas buying
        270 words
      • Article
        Johannesburg
        320 26 +95 South African shares continued to reap the benefits of a free and fair election yesterday as a strong undertone and steady buying interest drove priccs higher. The overall index finished 132 points better at 5.441, the industrial index collected 95 points to 6,609 and the gold index added
        320 words
      • Article
        Toronto
        272 26 -33.96 Toronto stocks sagged at midday in sluggish trade yesterday as fears of interest rate hikes weighed on the market. A hike in the Fed funds rate is expected soon, while Canadians watch for increases in mortgage and prime rates. Both US Treasuries and Canadian bond priccs were lower.
        272 words
      • Article
        New York
        756 26 -24.10 Wall Street stocks were off sharply yesterday on widespread speculation that the Federal Reserve will raise interest rates soon for the fourth time this year. The Dow Jones Industrial Average was down 24.10 points at 3,645.40 at 1 pm EDT, adding to Friday's loss of more than
        756 words
      • Article
        Untitled
        747 26 Britannia Funds Sterling Cash Bid (Mlrr Mini ap rVpuMl U MIll 1* 6M*> Mini Jnw (.ill Olttxt 0 IH2 M tin Mj\ Iikoiiic ***** IOUUO ISS Cash I IK Dine Plus E und 10 0200 10 VOJ PS S Rwnc Fund 5 S :m«) Slerlin« EquiO Euru IVrlocnwiKi? 0 4W2
        747 words
    • Article, Illustration
      Lock icon HONGKONG
      3096 27 Bloomberg Business News HONCiKONIi blocks fell yesterday on fears that an anticipated increase in Hongkong interest rates will slow growth in corporate earnings. Real estate issues led the decline. "Investors expect higher Hongkong interest rates to raise the borrowing costs for companies and home buyers," said Robert Tang, assistant
      Bloomberg Business News; Source: Bridge Info  -  3,096 words
    • Article, Illustration
      CHINA
      544 27 TURNOVER in Shanghai B shares recovered to US$6.B million after the exchange's computer breakdown on Friday. The CLSA B index added 2.81 points to 727.41. Erfangji shed 10 per cent on heavy institutional selling. In contrast, the property counters fared well, with Jinqiao and Outer Gaoqiao gained 5 per
      544 words
    • Article, Illustration
      Lock icon TOKYO
      2586 27 Bloomberg Business News TOKYO Stocks followed US markets lower on news that stronger-than-expected April US job growth figures will prompt higher US interest rates, traders said. The prospect of dim earnings reports also had investors hesitant to aggressively bid up shares ahead of the fiscal 1993 earnings season which
      Bloomberg Business News; Source: Bridge Info  -  2,586 words
    • Article, Illustration
      Lock icon BANGKOK
      1826 27 Bloomberg Business News BANGKOK Stocks fell 1.4 per cent for the sixth straight day of declines as prospects for an interest rate increase cast doubts over corporate earnings growth, analysts said. Property shares were the biggest losers, down 2.3 per cent, because real estate sales would fall if rates
      Bloomberg Business News; Source: Bridge Info  -  1,826 words
    • Article, Illustration
      Lock icon JAKARTA
      1188 27 Bloomberg Business News JAKARTA Indonesian stocks were mixed yesterday on concern that US interest rates are set to rise, traders said. The Jakarta Stock Exchange Composite Index, which tracks all stocks, closed up 1.17 points at 464.29. The C.T-DBS $0 index. which tracks 50 top stocks, closed at 108.50.
      Bloomberg Business News; Source: Bridge Info  -  1,188 words
    • Article
      CLOB INTERNATIONAL
      2771 28 MOST ACTIVE volume Mulphj Inll 50c 4.416.000 K \("B 50c 2.846.000 kamunting 50c 2.*****0 Itlris Hyd 50c 2 541.000 Promt 2.185.000 Bcija>a Ind 2.078(101) Muki-Purpose I 240 (100 \MDB 50c 1.148.000 Kcnong Bhd 50c 1.05 J.000 Johjn Hldgs 50c 484 000 Bcrja>j (iroup W7.000 Kcmjvjn 50c 878.000 Lien
      2,771 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Inflation, interest rate concerns drag prices lower
        6075 28 Bloomberg Business News KUALA LUMPUR Stocks fell for the sixth straight trading day amid a dearth of corporate news in Malaysia and concern about rises in domestic inflation and US interest rates, traders said. "There's little interest in the market because of uncertainty
        Bloomberg Business News; Source: Bridge Info  -  6,075 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7531 29 MAIN BOARD Transaction date: May 9 (.r <>r irtl l-asl Vol I>11) l ast Quulr l>it l)iv \ld V* M < up High Ion C ompant Sale (0(H)) High low Bu>cr Seller C'»r S P/K Mnil INDUSTRIAL AND COMMERCIAL 1450 206 Acma KWd -10 89 910 890 885 890 I
        7,531 words
      • Article, Illustration
        Lock icon Market slides on renewed fears over US rate hike
        1924 30  -  By R Sivanithy SINGAPORE Share prices continued their downward spiral yesterday, as nervous investors braced themselves for yet another interest rate hike in the United States. "A lot depends on how Wall Street performs tonight," was a common comment made by
        Charts by Bridge Info; Source: Bloomberg  -  1,924 words
  • Page 19 Advertisements
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      634 19 NEWS VALUE How today's news might affect your stocks Alan Yeo's relatives seek to oust him as YHS chairman (pg I) A quick, decisive resolution in the boardroom will be good for the share price. Sembawang believed to have sold major port of portfolio (pg I) Minimal impact as buyers
      634 words
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      939 20 I Straits Steamship Land Limited I (Incorporated in the Republic of Singapore) I I IMPORTANT REMINDER I $150,000,000 NOMINAL AMOUNT OF 1.5% UNSECURED LOAN STOCK 1989/1994 I ("LOAN STOCK") WITH WARRANTS TO SUBSCRIBE FOR SHARES B IN STRAITS STEAMSHIP LAND LIMITED ("WARRANTS 1994") B I To Holders of Warrants 1994
      939 words
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      Page 20 Advertisements Column 2
      821 20 Dividends table has been held over O International Factors (Singapore) Ltd (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of International Factor* (Singapore) Lid will be Md at the ECICS Board Room 141 Market Street #13-00, International
      821 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      282 21 RESIDENTIAL PROPERTIES The property market is 'hot'. With so many new housing developments flourishing all over Singapore, affluent locals as well as foreigners are eyeing the market most keenly to stake-out the best buys. This is a situation property developers, valuers, consultants and finance/insurance agents must take advantage of. Advertise
      282 words
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      Page 22 Advertisements Column 1
      197 22 h n i i i i i i As Henry's client, you can concentrate i I on what you do best: expanding I your company. And not worry about I ■eating arrangements in your office. I Because flexibility is our forte. we're able to reconfigure your office layout to suit
      197 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      69 23 1 This advertisement appears as a matter of record only Daimler Benz DAIMLER-BENZ AKTIENGESELLSCHAFT (Incorporated in the Federal Republic of Germany) LISTING AND QUOTATION ON THE STOCK EXCHANGE OF SINGAPORE LIMITED OF SINGAPORE DEPOSITARY SHARES REPRESENTING ORDINARY SHARES IN THE CAPITAL OF THE COMPANY Sponsored by MORGAN GRENFELL ASIA Morgan
      69 words
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      Page 23 Advertisements Column 2
      425 23 Coopers Seminaron Cost Management-Towardsa Healthy Bottom &Lyßrand L,n for Small Businesses supported by EDB, ICPAS IMC Do you have problems managing the operational cost for your business? How do you achieve a healthy bottom line? Coopers Lybrand's Cost Management Seminar will equip you with a set of tools and techniques
      425 words
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      455 24 BUSINESS TIMES TOLL-FREE TKI. No 1-600-741-1883 HAX74I-1238 CSA HOLDINGS LTD (Incorporated In the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fourth Annual General Meeting of the Company will be held at the CSA Conference Room at No. 221 Henderson Road #08-01, Henderson Building,
      455 words
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      Page 24 Advertisements Column 2
      272 24 BUSINESS TIMES TOLI. hRI-K TF.I. No 1-000-741-1883 lAX 741-1298 LIQUOR LICENCE NOTICE Notice is hereby given that. I Goh Guek Cheng of 12 How Sun Close Singapore 1953, have applied for a Public House, Second Class Licence in respect of premises at Mfe Nlu Che Shul Herbal Soup at 18
      272 words
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      379 25 NESS TIMES TOLL-FREE TEL. No. 1-600-741-1883 FAX: 741-1298 NOTICE NOTICE IS HEREBY GIVEN that, I Loi Hua Khin of Blk 222 Simei Street 4 #06-32 Singapore (1852), have applied for a Second Class Beer House Licence in respect of premises at M/s Prima Food Services Pte Ltd at Jurong Bird
      379 words
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      Page 25 Advertisements Column 2
      33 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures arc carried instead. "The ISSBSS 1-offers ■b the most F current Ust o/ job BF opportunities
      33 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      86 26 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers
      86 words
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      Page 27 Advertisements Column 1
      45 27 Every time you spend $50 on your MasterCard card, your name goes into a lucky draw in which we're giving away three Business class return two to jhe 1994 World Cup Finals* contact your MasterCard issuing bank, assess **<fr r Promotum KuUt ltd KrgmJations j
      45 words
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      Page 29 Advertisements Column 1
      81 29 Every time you spend $50 on your MasterCard car( J' your name goes into a lucky draw in which we're giving away three Business class return tickets for two to the 1994 World Cup Finals* The lucky draw will be held on June 21< 1994. For more information, contoct y°
      81 words
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      Page 30 Advertisements Column 1
      103 30 This announcement appears as a matter of record only. New Issue May 1994 Province of Nova Scotia U.S. $500,000,000 Floating Rate Notes due 1999 ÜBS Limited CS First Boston IBJ International pic Merrill Lynch International Limited Morgan Stanley Co. I Mr nut tonal Salomon Brothers International Limited Deutsche Bank AG
      103 words
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      Page 30 Advertisements Column 2
      368 30 BUSINESS TIMES TOLL-FREE TEL. No. 1-600-741-1883 FAX:74I-1298 NOTICE NOTICE IS HEREBY GIVEN that, I Foo Hee Tong of Blk 148 Simei St 1 #03-133 Singapore (1852), have applied for a Public House First Class Licence in respect of premises at M/s Sukhothai Restaurant at 47 Boat Quay Singapore (0104), and
      368 words
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      Page 30 Advertisements Column 3
      372 30 NOTICE NOTICE IS HEREBY GIVEN that, I JOYCE LEE 01 CHOON of 279 Balestier Road #12-04 Balestier Point Singapore 1232, have applied for a BEER HOUSE IST CLASS Licence in respect of premises at M/s GUI UN EATING HOUSE at BLK 373 BUKIT BATOK ST 31 #01-250 Singapore 2365, and
      372 words
Page thumbnail Page 31
  • Shipping Times
    • Article
      Philippine state-owned firm to sell shipping subsidiaries
      348 31  -  By Alec Almazan SINGAPORE The stateowned Philippine National Oil Company will privatise all its shipping and shippingrelated companies, which are valued at one billion pesos (5556.9 million). A PNOC spokesman has told Business limes that proceeds from the sale will be used to
      348 words
    • Article, Illustration
      DHL planning second logistics centre in S'pore
      299 31  -  Reports from Rahita Elias in BAHRAIN INTERNATIONAL transport specialist DHL Worldwide Express will finalise a plan for a second express logistics centre in Singapore within three months. The centre is likely to be between 30,000 and 40,000 sq ft. DHL's existing centre at
      299 words
    • Article
      Middle-East operations to be upgraded
      238 31 DHL Worldwide Express will spend US$lO million (S$ 15.6 million) this year beefing up its Middle East operations. Speaking to Asian reporters in Bahrain on Saturday, the company's regional managing director for the Middle East, Ken Allen, said it would spend the money upgrading facilities
      238 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      808 31 Page Col Accord Group 8 I -3 Ahrcnkiel Liner 4 1/2 •APL 5 3-5 •Appcnship 8 4/3 •ANL 3 1/2 •ASCL 5 5 Assist Marine 6 I Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Batamindo 7
      808 words
    • Article
      Lock icon World merchant fleet hits new high
      549 31 Panama is biggest shipping register, aeeording to Lloyd's Register Knight-Ridder LONDON The world merchant fleet has risen by 12.7 million gross tonnage to reach a new record level of 457.9 million gross tonnage (80,665 ships), according to figures published by Lloyd's Register of Shipping.
      Knight-Ridder  -  549 words
    • Article
      Lock icon Two tankers collide off Johor
      190 31 Bernama PORT KLANG Two tankers, one of them a super tanker, collided in international waters off the Johor coast early yesterday but initial reports indicated there was no oil spill. There were also no reports of casualties in the accident between the supertanker, Ming Wisdom,
      Bernama  -  190 words
    • Article
      Thai minister denies port chief in firing line
      505 31 BANGKOK Persistent rumours that the director-general of the Port Authority of Thailand (PAT) will soon be fired have been firmly denied by Transport and Communications deputy minister Anek Tabsuwan. The director-general. Somnuk Debaval, had been accused of corruption. But an investigation cleared
      505 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        677 32 Vessel Voy No Berth Arrival Departure Jurong Port Andhka Wiiaya Sf009 112 alongside 1005/1830 Batam Mali Nil/ 18 jlongside 1006/2300 Om Oaya 07/94 12 3 alongside 1005/2300 Om Guna 05 01 98 111 alongside 10 05 2300 fGA 38/B 05,01 94 15 Angside 10 05/2300 Hana 6
        677 words
      • Article
        CONTAINER SCHEDULES
        1887 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balance Rslts Ship Voy No Etb/Btr Period From To From to S«an 11/A 11/1500 2A 09/1/00 10/0659 10/0900 4 10/1200 10/1459 10/1/00 Ma Blum 135N 10/7100 IB 09/1500 09/1659 09/1900 2A
        1,887 words
    • Article
      THE SHIPPING GUIDE
      11428 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      11,428 words
    • Article
      SHIPPING AGENTS
      3363 45 2 i" t A' 1 mil ■■>' »n«i -J9 m mm mi-- B< ontainerline NV: Belsin Shpg Agencies Pte Ltd (SVMannc Handling Sdn Hhd (PK/PN). \<tord (.roup: Accord Shpg Ptc Ltd Contr Line (PK/PN). Adfcris Business C orporation Philippine t otsource Shpg Trdg Pte Ltd (S) AMenkiel l.iner
      3,363 words
    • Article
      COURIER SERVICES
      285 45 \bacus ouriers Td: 545-8011. Fax: 545-1898. Air t\prr»s travel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80. Airsvvift Worldwide C ourier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975 Cits-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies <&
      285 words
    • Article
      AIR FORWARDERS
      1527 45 Vbex Flxpress Freight Tel: 542-7171 Fax: *****84 Aclinic Forwarder Tel: 225-1833 Fax: *****42. Activair Singapore Tel: 542-7822 Fax: *****20. Verolink Freight International Td: 545-8033 Fax: *****05 \erospeed Tel: 542-5911. Fax: *****18 Air Cargo Novo F \prevs Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666 Fax: *****74. *****50
      1,527 words
    • Article
      PORT CONDITIONS
      2546 46 ALBANIA Dunres: tight vessels in port of which discharging: t gasoline. 1 bagged urea. I general cargo, 2 bagged sugar. I bagged Hour, I bulk coke; I vessel loading lerro chrome; no vessels in roads awaiting berths. ANGOLA Luanda: City quiet; port quiet with on berthing delays. Ixibito:
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    • Article
      Lock icon SHIP SALES & TANKER RATES
      996 46 SHIP SALES TANKER RATES AFP The information was contributed by Simpson Spence Young 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
      AFP; The information was contributed by Simpson Spence & Young  -  996 words
    • Article
      CRUISE & FERRY SCHEDULES
      334 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dip Nairn-of Vessel ETA KID Ports or Calls i'ort Agent telephone No MAY 09 10 Shin Sakura Maru 1000 1600 Sin-Colombo Mitsui OSK Lines 225-28 i 1 10 10 Leisure World 1300 2015 Port Klang-Cruisc New Century Tours 227-8284 to Nowhere 10 10 Star
      334 words
    • Article
      COCKETT BUNKER MARKET REPORT
      940 47 THIS twice weekly report, compiled by Cockelt Marine Oil 1 td. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. Ihe Cocked Bunker Price Index change
      940 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      639 47 Carbon Carton May 5 Density Water Residue Ash Munium Sedrnertt Density Water Residue Ash Akmriun Sedment M/M Exxon Exxon KG/M*3 V/V "o M/M M/M PPM method KG/W3 V/V 1 M/M M M PPM method ISO/Cinwc lints Spec E25 991 1.0 15.0 0.10 30* 0 10* Eastern
      639 words
    • Article
      DAILY FREIGHTS
      1541 47 Trading improved on the freight market today with increased activity in most sectors. brokers said. The Baltic Freight Index for spot dry cargo shipping rates rose to 1.443 on Friday from 1.432 on May 5, with the base being Jan 4 1985 equals 1.000. Rates from the Atlantic
      1,541 words
    • Article, Illustration
      Lock icon OOCL: full steam ahead
      654 48 Two shipping companies, Hongkong-based Orient Overseas Container Line and Taiwan's Evergreen, have reported higher profits for 1993 and both have also announced plans to invest in China American Shipper AFTER an extended period of restructuring and reorganisation, Orient Overseas (International) Ltd is back to financial health.
      American Shipper  -  654 words
    • Article
      Lock icon Evergreen's expansion plans
      248 48 American Shipper Taiwan-based Evergreen Group plans to invest up to USSBO million (*****.8 million) in port, terminal and transportation facilities in China. Evergreen Group said Peony Investment SA. owned by the group's Evergreen Marine Corp (Taiwan) Ltd unit, would spend up to US$5O million on port and
      American Shipper  -  248 words
    • Article
      TRANSPORT DIARY
      882 48 COURSES litle: Prevention of Marine Pollution frorfTShips Duration: May 16-20 Organiser: Port of Singapore Authority lei: For further details/registration contact SPI at 321^-1707/321 -1824/321-1825 or fax: 321-j416. lithg Import/Export shipping Procedures (SDF 50%) Duration: May 18 Jul'6 (8 evenings) OrgjJhiser: Elim Management Services Tel: For further details/registration call
      882 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Subic Bay airport to be ready in January next year
        361 50  -  Airport being modified to handle commercial flights By Alec Almazan MANILA Subic Bay International Airport is set to become fully operational in January next year, says the head of the Subic Bay freeport area. "The airport will be accessible to
        361 words
      • Article, Illustration
        Lock icon The lightness of being
        44 50 Reuter MOSCOW Foreign space enthusiasts experience weightlessness in a special Russian aircraft used to train cosmonauts. The Russian Space Agency is trying to generate extra revenue by offering 90-minute trips in the llyushin-76 for US$4,OOO (556,240) per 'space tourist*. Reuter
        Reuter  -  44 words
      • Article
        Lock icon Airlines and agents urged to give fuller code-sharing details
        438 50 Bloomberg Business News WASHINGTON Airlines and travel agents selling linked service on two airlines a process known as code-sharing should be required to tell passengers which carrier's plane will actually pull up to the gate, the US Department of Transportation said
        Bloomberg Business News  -  438 words
      • Article
        Lock icon EU railways urged to develop Chunnel freight prospects
        481 50 Reuter LONDON The opening of the Channel Funnel could create a pan-European rail network for express freight, but opportunities will be missed unless railways take an international approach, said an independent report. "The tunnel gives a once-in-a-lifetime chance to break into new
        Reuter  -  481 words
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        Lock icon Road tunnel being planned
        191 50 AFP LONDON Plans arc afoot to build a road tunnel between England and France, the Sunday Telegraph reported, two days after the official opening of the new rail tunnel. The paper quoted a spokesman for the Eurotunnel consortium as saying that studies were already under way
        AFP  -  191 words
      • LOG BOOK
        • Article
          Lock icon Chrysler plans electric minivan
          81 50 Bloomberg Business News HIGHLAND PARK. Michigan Chrysler Corp. struggling to meet a California deadline for vehicles that produce no emissions, reluctantly said last week it will build a minivan powered by electricity. Officials of the automaker were clearly unenthusiastic about the programme, and held out little
          Bloomberg Business News  -  81 words
        • Article
          Saab 2000 gains US approval
          48 50 SINGAPORE Sweden-based Saab Aircraft has clinched US Federal Aviation Authority certification for its Saab 2000 regional jetprop, paving the way for the aircraft maker to increase its market share in the Americas. Currently. Saab has orders for 36 Saab 2000 under its belt.
          48 words
        • Article
          Lock icon Bridges raised in Pennsylvania
          45 50 Reuter SCRANTON. Pennsylvania Pennsylvania Transportation Secretary Howard Yerusalim last Friday said Conrail Inc and the Canadian Pacific Railroad have increased the clearance on 35 of the 134 bridge and tunnel sites to allow movement of doublestack container shipments in Pennsylvania. Reuter
          Reuter  -  45 words
        • Article
          Lock icon Cuban pilot diverts plane to Miami
          84 50 Reuter MIAMI A Cuban commercial airline pilot flying 16 tourists to the Bahamas locked himself in the cockpit and diverted the plane to Miami, where the pilot asked for political asylum on Sunday, federal agents said. The plane landed about 5.15pm EDT (2115 GMT)
          Reuter  -  84 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1713 50 Cttj Fight ETA Flight ETD_ City H» ETA Fl» ETB Abu Dhabi GA893 1835 GA984 2340 ME633 2355 I G* 974 2350 Durban SQ406 0115 '?25 QF82 2055 Frankfurt SQ25 0645 SQ326 2230 SQ 228 2120 LH772 1555 QF5 2235 Amsterdam KL831 0935 KL844 0035 QF6
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      0 31 [{(@+<@@]">%:~/?=[]}/_>"}~{}%``
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      26 31 Lines and services represented by Members el the Registry of Accredited (*flfejA*i Shipping Agents, Singapore National SMpping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 31 Advertisements Column 3
      51 31 r M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALLiQQQQQQQ I OOCL: full steam ahead, Page 18 Subic Bay airport to be ready next January, Back Page HIGH STAKES Don't get shortchanged, go for a coverage you can bank on. Financial News. Everyday. SINGAPORE rn Business Times WE KNOW
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      435 32 TSKUNE AGENCIES (S) PTE. LTD. nJA 'I 1 TZ TT |TtTTI Tel: 226-3363 hPBW J. •3il\t IJ l\l r. Fax: 226-1972/3 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I OUTBQW WT Wltl 1 ~»»r WS MO Kg TWWSWWOWj N. CTfgt M£ 11.05 15.05 ACX LiY 0496 *08.05
      435 words
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      1594 32 PffltCT TO U9A Wt9T COAST (SCX-ftPOBE CAUPOWMIA IXPMM» TO (MT MgpiTeKWAHgAN [PUU CONTAINER BCTVICEI ««n stok u> oaa wan dm. bm chc wt »ncn wssn dot id st« odmetti wot* btnw veukdw pt mbt* lattmoi* msa l*m NEPTUNE CYPRWE VOM ***** 5 304 1 6 26 1 6 1 6
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      2418 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. TEL: *****13 FAX: *****42 PETALING JAYA TEL; 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 ,POH TEL *****3/4 FAX: *****6 CUSTOMER SVC TEL: *****92/*****91/*****93 P.GUDANG
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      2236 33 ■nimma U. S. A. /CANADA 3 TIMES A WEEK SL DEVELOPER V.204E ETA SIN 16TH MAY 1994 MAJESTIC MAERSK V.9406 ETA SIN 17TH MAY 1994 ARTHUR MAERSK V.9408 ETA SIN 18TH MAY 1994 Voy ETA ETO Feedere<3 by S Laurel Leerort *»,aua ETA ETA ETA DESTINATIONS This wee* MAJESTIC MAERSK
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      1668 34 AQABA R OAM/ IF ALSO ACCEPTING FROM VESSfL VOY NO SPOHE JKDDAH (VIA Jt D) S TON H BURG AWI RP HAVRr WEST MALAYSIA KAGA 35' 1 18 11 5 31' b ?9/ Pofl Kelanq. Penanq ORFSDFN ExPDFSS 16/318 14.5 23/5 30/5 1/6 4/6 6/6 fl/6 Pasir Gudanq kirishima Q4,
      1,668 words
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      Page 34 Advertisements Column 2
      654 34 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Doqharun) C.1.5./RUSSIA: Voatochny, Vladivostok, Moscow, I Baku, Tashkent, Irkutsk, Alma Ala, Ashgabad. Dushanbe. Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Bunga Pelangi V.2144 18/5 20/6 Ned Asia V.2154
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      1155 34 NORASIA NORASIA AL MUNIA2AH 9418 3 11/05 01/06 04/06 05/06 06/06 07/06 08/06 09/06 10/06 10/06 I NORASIA SAMANIHA ***** 18/05 08/06 11/06 12/06 13/06 14/06 15/06 16/06 17/06 17/06 I NORASIA SUSAN 9420 3 25/05 15/06 18/06 19/06 20/06 21/06 22/06 23/06 24/06 24/06 I NORASIA SINGA 9421-3 01/06
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      1447 35 Bm STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE (A SERV,CE 0F CHINA NAVIGATION CO) CARGO out SAILS STRAITS PRIO€ VO7E Afciira. tab, KK 10 May U May FCt. LCL CONTAINER ANO BREAKBULK SERVICE TO PAPUA NEW
      1,447 words
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      Page 35 Advertisements Column 2
      3206 35 SINGAPORE AGENT: PXtI I I P&O Containers (Singapore Agencies) Pte Ltd W 9 1 0 Hoe Chiang Road #07-01 Keppei Towers. Singapore 0208 Tel 225 22 33 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 r CR Number **********0Z EXPORT IMPORT VESSEL VO* -PMC -PKO Sl* SOU ANT ROT HAM
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      643 36 EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE Ltto cm mww cirr~T PAQtff Ihahpphqhc/pwect Mm hoe aaa nrwa/wim mm chaw a— aaaaißß MAfm mum iHHTa ►TO VIETNAM/HCMC K CONTAINEft-FIKDfR service CENTER-POINT 'v UM 7 LINES KSfl Wt STOW VOT tl> HCKC n BB UZ5_ JLSS
      643 words
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      Page 36 Advertisements Column 2
      1674 36 HANJIN SHIPPING I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 for vsl s* I Lire haul S£A m pox fi* wl wlm haul s*» «.m hyc HAN UN ROTTERDAM 026£ 13/5 MRECI 2/6 3/6 4/6 HANOI ROTTERDAM 026 C 13/5 M AMERICA 015E 16/6 17/6
      1,674 words
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      Page 36 Advertisements Column 3
      1333 36 d9"3V] zl Trl "I d d m sgp use hug mc pus mi oa ngt stu rro laic« m nc in um wm w wt no eta m scp e OARI M-OM »/S 11/S lt/5 11/S 20/S 23/5 24/5 25/5 21 5 27/5 21,5 l/l 211 23 I 24/1 4/7
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      2659 37 II II sex: NEPTUNE CYPRINE 08E'etasgp 11/05/94 II II fiß» II ARRIVING LOS ANGELES 30/05/94 IN 16 DAYS HI If II AEX California zeus sse* eta sgp 12/05/94 II H II ARRIVING NEW YORK 04/06/94 IN 23 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US GULF
      2,659 words
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      Page 37 Advertisements Column 2
      1204 37 I A I MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 X BOOKINGS: *****64, *****51, *****31, *****13 < > BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 dk BIASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87
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      1500 38 44 v AS AGENTS: LINE (SINGAPORE) PTE LTD (CR NO: **********QM/GST REG NO: M 2-*****99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I T T MALAYSIA K" LINE MARITIME (MALAYSIA) SON BHO I M 4 B ■■J TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA:
      1,500 words
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      Page 38 Advertisements Column 2
      1161 38 ®APPENSHIP '/®f Hamburg \Jyr CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VfSSRS LOADMG PORTS DISCHARGE/LOADING FOR PAKHOM MAKARENKO HAM 10/04 SPORE 21/05 ECUADOR HAM 27/04 SPORE 16/06 TBN ANTW 28/05 SPORE 04/07 KOALA CONTAINER LINE SPORE FIX HAM RTM LEH CS AUSTRALIA 4605 16/05 10/06
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      948 39 f »CTlIf PACIFIC INTERNATIONAL LINES (PTE) LTD 1 140 Cecil Street, #03-00 PIL Building. Singapore 0106. CR NO **********0E I VESSEL VOY SIN CMB JIB JED AOJ ADE HOD PZU ASA KOTA BERANI BRNOO3 13/5 17/5 23/5 27/5 26/5 24/5 31/5 3/6 KOTA WUAYA WJAO4I 24/5 29/5 5/6 «/6 10/6
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      Page 39 Advertisements Column 2
      970 39 VtSStIS VOT SIN U HAVRE HAMBURG THAXS ROTTtROAM ANTWtRP VHU DC SAGITTA SO3M lI.'OS 03/06 05. 0* oH<* 09/o«__ VIAE DAQUN.A AO3W 19/05 10/06 12/0« H 14/06 16/o«__ VH.lt 0 HYDRA HO3W 26/05 17/06 19 06 20 "6 21/0* 23/06 Will Dt ITRA YO3W 30/05 21/06 23/06 24/06 25/06 27/06
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      Page 39 Advertisements Column 3
      553 39 BSA MM MYANMA IU&Bk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P Gd| (CRGUI VI23W In Poet AGAN V2O9W In Poet IP*-AN V2O2W 13/15 May MALAYSIA AGENTS BOUSTEAD SHIPPING AGENCIES KIU TEL 03 *****00 PKL TEL 03 3M6767 PEN TEL 04 *****b PGO
      553 words
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      1005 42 @!;?`<_!]}@=_*,.)'(=~/+~',\;=]/ /■nCROATIA LINEA I (EX JUGOUNIJA) I VtSStl SPOKE PK PNG LOAOHG FOB LOSINJ 12 MAY 14 MAY Alexandria. Beirut. Istanbul. Trieste. Koper. Lattakia. limassol. Mersin. P Said. Riieka. Venice SLOVENIJA 25 MAY 28 MAY -do General Agents: EAST MOUNT AGENCY (PTE) LTD Singapore Kuala Lumpur Pod Keianf Penanj SPORE
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      Page 42 Advertisements Column 2
      175 42 /WNORBULKV I NORBOLK CARGO SBRVICES LTD. 1 I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES C I MLAGRO Sated In Pt FLU/ANT UK I I AOAMASTOS 14/5 Sated FLO/AHT/HAN/UK I LOADING FOR I I NORBULK TBN 15/6 DBN/CPT/EL I ALSO LOADS TG MANI AND KK PK SWK/SABAH LOADING FOR
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      639 43 CONTAINER LINES 10 ANSON RO. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 9 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 15/5 ROTTERDAM 16/5 AARHUS/COPENHAGEN 15/5 HAMBURG/BREMEN 16/5 MARSEILLE/FRANCE 12/5 FELIXSTOWE/UK 16/5 BARCELONA/SPAIN 13/5 LEHAVRE/FRANCE TI/5 GENOA/ITALY 16/5 ANTWERP/BELGIUM 16/5 LOS ANGELES/WC/tPI 15/5 SYDNEY/MELBOURNE 12/5 NEW YORK/EC 15/5 FREMANTLE/ADELAIDE 13/5 VANCOUVER 13/5 BRISBANE 12/5
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      750 43 11l 111 'TO llffl ITI liVUli l 1 IVH—L VOY SIN SEM f H VESSEL ¥I*l s*t I ISRA BHUM SOS Fri I 13/5 Sun 15/5 5 v tS«Et VOY SIN KTN H gHAIYA BHVM SO9N $«t JM 5 Mon 16/5 I p JAVA 0,3 Mon TIeTT ~ThJ~ la/T 3
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      Page 43 Advertisements Column 3
      836 43 111 1 "V NATIONAL EXPRESS wriJ FORWARDERS (S) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL: *****86 (6 LINES) FAX: *****5* THE AMERICAN CONNECTION 1 ETD ETD I l—l S V r~l ETD ETI) SEATTLE 13/5 20/5 IJ NEW YORK 13/5 20& OAKLAND 18/5 25/5 WILMINGTON
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      1659 44 IfcAflMN CONTAINER LINES, INC I I lAgekits: MAC-NEL3 BPORE: *****22 (24 LINES) W\S tcm No: **********0 C SIBO (084) *****9 KUCHING (082) *****3 PENANQ: (04) *****8 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK
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      Page 44 Advertisements Column 2
      112 44 TITIMAS SHIPPING "\J TRADING SDN. BHD. KELANG (03)*****55 (H/Lin«) Fax: 03-*****63 Tlx: MA ***** TISITA VESSELS VOY P KLANG PORT Of DESTINATION:- NEW LINE NO 1 6/94 IN PT MUARA/MIRI SUTRA 7/94 IN PT KUCHING/SIBU/SARIKEI SENG LEONG 7/94 16/5/94 KUCHING/SIBU HUA HONG SATU 5/94 20/5/94 MUARA/KOTA KINABALU O?PINESEAS MARITIME PTE
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      Page 44 Advertisements Column 3
      206 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD u« (I* u» SttKf rot! HUANG PttUNG Bim IMX ?8 Loadm< toi Mdtr RUVAI HUDNU 19 •> Discharging am) loading tot Bombay oarvw 11/S loading for Mat* nowix SUPRftK 12 S 9 5 loading For Mato UMtEOH 11/5 loading For Mal« PKOGMSS
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      Page 44 Advertisements Column 4
      1120 44 THONG SOON LINES PTE LTD 1 I rVr 78 SHENTON WAY »10-01, SINGAPORE 0207 WT I W \jT TEL: 227-5088 FAX: 227-6011 ,I I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL |VOY I SPORE IPEST VESSEL |VOY I SPORE IOEST EQUATOR 111 121/4E
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      32 46 o o o Q o i i LEAD BY EXAMPLE I For some of the best examples of good management. Enterprise Management. Every Monday. SI NO AHORH r 1 Business Times WEKNOWASIA
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      26 47 RECRUIT QUALIFIED CANDIDATES tudmicu llw Stniits'lliiK's THROUGH APPOINTMENTS JUST J£g|§§v;) DESERTS Legal discourses in digestible portions. Every Thursday. SINGAPORE r 1 Business Times WE KNOW ASIA
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      482 48 VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC 9419N 13/05 (FRI) 18/05 (WED) PERMOVAISK 9401N 17/05 (TUE) 21/05 (SAT) TWO SAILINGS WEEKLY LANKA MAHAPOLA 9401N 20/05 (FRI) 25/05 (WED) FR,OAV ND TUESOAY VIGOUR PACIFIC 9420N 24/05 (TUE) 28/05 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE I GENERAL SANTOS DAVAO CEBU
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  • Page 48 Miscellaneous
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      687 48 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 2.7 2.3 1.8 12 08 06 05 0.7 1.1 16 21 2.4 2.5 2.3 19 1.4 1.0 0.8 08
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      934 49 I A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PNA* PKE* PGO* VESSELS VOY SIN RTM ANT* LEH* HAM BREt FEL 11/05 13/05 14/05 SI MARINER 310W 16/05 03/06 04/06 06/06 04/06 04/06 07/06 18/05 20/05 21/05 H. INNOVATOR 309W 23/05 10/06 11/06 13/06 11/06 11/06
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      Page 49 Advertisements Column 2
      471 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS KSSIL VST 3 R KUC KK XMZAI MAIN »J 11/5 13/$ MAKtt »T »1» 2»/S 31/S I/I 4/1 TAIMMC (MAS V3l 11/5 11/S OUTBOUND VESSELS LOADING FOR SEWBOKO/HAGOYA SKKI NAGOYA V9l PK IN PT LOADING FOR KUCHING MUARA KEISHUN
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      Page 49 Advertisements Column 3
      1042 49 VESSEL VOY SIN ETA/D LAX OAK CHI I DAL MEM/COL HOU NYC 1 NOR ALLIGATOR TRIUMPH 54A 12-13/05 29/05 31/05 01/06 02/06 02/06 03/06 03/06 04/06 GEORGE WASHINGTON BRIDGE 78A 19-20/05 05/06 07/06 0«/06 09/06 09/06 10/06 10/06 U/0« ALLIGATOR PRttE 51A 26-27/05 12/06 14/06 15/06 16/06 16/06 17/06 17/06
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      0 50 ~-}\%".."'.>;.}>:{@*)%|'(,={=;{
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      97 50 TrgaiOMAT-.-, |IMARK> 1 Established Text-based Communications Systems Supplier invites applicants for the following: The selected candidate will complement existing sales team by specialising in marketing/sales of the company's expanding range of software solutions for communications, electronic stowage/EDI, chartering/shipbroking, voyage estimation/accounting/administration Applicants should preferably have marine background with extensive contacts in
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