The Business Times, 13 May 1994

Microfilm: NL19380
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Friday May 13 1994 75* 1
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow up 34.21 points
      52 1 Reuter NEW YORK Blue-chip stocks rose strongly yesterday. In the broader market, advancing issues led declines 12-7 on moderate trading of 164 million shares on the New York Stock Exchange at Ipm EDT. The Dow Jones industrial average was 34.21 points higher at' 3,663.25 at 2pm
      Reuter  -  52 words
    • Article
      Lock icon US Senate votes to lift
      42 1 Reuter embargo against Bosnia WASHINGTON The Senate yesterday voted 50-49 to order President Bill Ginton to lift the UN-mandated arms embargo against Bosnia. The legislation would require the US to act alone in ending the embargo. Reuter
      Reuter  -  42 words
  • Article
    MARKET SUMMARY
    160 1 Stock market indices Thursday Change STII 2,250.41 -10.81 KLSEComp 996.92 -11.75 Nikkei 20,224.24 +74.11 Hang Seng 8,878.86 -27.30 SET Index 1,232.72 -3.04 Jakarta Comp closed CLSA China B 978.96 -1.74 Aust All Ord 2,041.4 +6.8 FTSE 100 3,137.8 +7.3 Thursday Previous 2 pm close Dow Jones 3,663.25 3,629.04
    160 words
  • Article, Illustration
    Lock icon URA housing figures show large overhang this year
    753 1  -  By Lilian Ang SINGAPORE The Urban Redevelopment Authority yesterday released figures showing that a massive 29,000 condominiums and landed property units are expected to be marketed this year more than the combined supply in the last five years. In a move clearly
    Source: URA  -  753 words
  • Article
    Two broking firms see 10-15 pc dip in condo prices
    497 1  -  By A J Leow TWO stockbroking houses are predicting that prices of condominiums in Singapore will dip by between 10 and 15 per cent in the next two years. Morgan Grenfell Asia Securities (MGAS) and Kay Hian James Capel (KHJC)
    497 words
  • Article, Illustration
    Alan Yeo vows to fight to retain YHS' top post
    454 1  -  By Lee Han Shih SINGAPORE The embattled chairman of Yeo Hiap Seng, Alan Yeo, yesterday broke days of silence and came out fighting. He said he would not resign but would instead fight to keep his post at an upcoming
    454 words
  • Article
    Lock icon US$ gives back gains after initial rally
    161 1 Reuter NEW YORK The dollar was carried higher earlier yesterday on a rally in US Treasuries but relinquished its gains to stand lower at midday. Dealers said the dollar slumped after hitting technical resistance near 104.75/80 yen. Unexpected declines in the US April
    Reuter  -  161 words
  • Article
    NTUC Comfort likely to make IPO within three weeks
    375 1  -  By Ven Sreenivasan SINGAPORE NTUC Comfort, operator of the republic's übiquitous blue taxis, is expected to make its main board initial public offer within three weeks, with its shares priced at below a dollar. Sources told BT that the size of
    375 words
  • Article
    Regional bourses fall on fear of US interest rate hike
    194 1 SINGAPORE US interest rate and inflation fears, which have been relatively dormant recently, resurfaced yesterday ahead of the release of the US producer price index figures. Also dampening trading was the Dow Jones Industrial Average's 27-point fall on Wednesday. This
    194 words
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      159 1 Favourite Children's Wear, ■P wJIB oewoen roc*H eouTKXie*: «®i 11 T* ri7 OU4 WllFoumStapmiW Ttt7»«l«/ W I»MM«9«m T*M»7«2» T< ixne (outfißkxs T«WM V** &*»»><<»«» (PH> LM T* »4 «*JO CONTENTS I News Companies S'pore New 2 S'pore-Wsa 16.1/, 18 Regional News 3,4,6 Financial 21.22 World News 8 Features Markets Analysis
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      Page 1 Advertisements Column 2
      22 1 Advertising: Pg 12 The makings of a good ad Britain stunned by shock death of Labour Party leader Full report, Pg 16
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      Page 1 Advertisements Column 3
      27 1 Hock Lock Siew: pg 17 Sembawang ventures into Indochina What's coming up in the next few years, Pg 2 Lower producer prices calm inflation fears, I'k 16
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      Page 1 Advertisements Column 4
      101 1 The Bottom Line: Pg 16 Ay So much clout from justine per cent J Alfred dunhill 5 |MHi -->5 WP|W^l^ f T-v- --'v/'BL— I 'M HC a -„»sdfl a 1 P I I 4*12 |&> fr:"J- v i *.JgJ hhhh c i lnui i t HhHWH 4*9 Centenary watch (/)un/n//
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      11 1 trie Originator of Cultured Pearls Since gHjggJ Full reports, Pgs 24-28
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Why Beri gives S'pore top marks
        305 2  -  By Anna Teo WHAT accounts for the top marks Business Environment Risk Intelligence (Beri) gives Singapore every year as an investment and business centre? To a large extent, a sound and strong economy, no doubt. Besides political stability, the other two factors that go
        Source: BERI  -  305 words
    • Article
      Fujian province to hold its largest overseas trade event here
      220 2 CHINA'S Fujian province will hold its largest overseas trade promotion event, involving investment projects worth more than US$7 billion (about 5510.9 billion), in Singapore next week. Eighty-eight projects will be available for joint venture cooperation. They are in five categories:
      220 words
    • Article
      Govt has to weigh interests of HDB's first-time flat-owners and upgraders
      432 2  -  By A J Leow THERE is clearly a need to curb the "phenomenally strong" demand from HDB Hat-owners wanting to upgrade to new Hats, so that first-time buyers have a better chance of owning new flats, the National Development
      432 words
    • Article
      What's coming up in the next few years
      756 2 Number of units Number of units ff~ Districts 1 -15,20,21 Potential supply 32,864 Districts 15 -19 Potential supply 16,209 j Licence for sale 10,507 I Licence for sale 5,524 I Sold 4,000' Sold 2,440- j Project/location Developer No HDC Expected Project/location Developer
      756 words
    • Article, Illustration
      Abacus buys $700,000 computer system to handle frequent-flier programme
      274 2 ABACUS Distribution Systems signed contracts yesterday with Hewlett Packard and Oracle for a new off-line computer system to handle the growing needs of the regional frequentflier programme Passages. Abacus president and chief executive William Liu said at the signing ceremony the
      274 words
    • Article
      Amcol's Tg Rhu condos to top $700 psf
      317 2  -  By Abdul Hadhi AMCOL Holdings expects to launch a condominium development at Tanjong Rhu in September for more than $700 per sq ft. Jones Lang Wootton was yesterday appointed marketing agent for the 99-year leasehold project, which has been renamed Costa Rhu
      317 words
    • Article
      Corrections & clarifications
      74 2 Corrections clarifications IN OUR REPORT on Wednesday headlined "S'poreans buy more Meres than four Japanese makes", we wrongly said as a result of an editing error that Nissan, Suzuki, Mazda and Mitsubishi all managed to sell "about 2,000" units in Singapore last year. Tan Chong Sons Motors, the distributor for
      74 words
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      33 2 Epson Makes Business A Pleasure. EPSON Find a new rider for your wheels Pedal your wheels to all kinds of people and clean out your store room with a convenient, fast-acting classified ad.
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      74 2 Asia's corporate giants Power House What on earth does a construction company know about power generation? How can a company with annual sales of under half a billion ringgit hope to borrow M 52.5 billion? YTL Corporation's managing director Francis Yeoh shrugs off such talk. He explains why his ambitious
      74 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Jakarta to further deregulate economy to boost exports
      543 3 AFP Reuter JAKARTA A Hurry of ministerial statements this week provided fresh indication that Indonesia is planning to further deregulate its economy to boost exports in the face of declining oil revenues and foreign investment. A Western diplomat said yesterday that the
      AFP; Reuter  -  543 words
    • Article
      Penang draws M$ l.3b in electronics investments
      352 3  -  By Claire Leow SINGAPORE Last year Penang attracted electronics investments in excess of M 51.34 billion (SSBO2 million), almost triple that of 1990, the last time such a survey was done. A total of 144 new plants were set up, adding over 92,000
      352 words
    • Article
      Lock icon Asia plans new body to handle infrastructure needs
      337 3 AFP MANILA A new multilateral organisation is being planned to encourage the private sector to handle the more than US$2.5 trillion (SS3.B trillion) in infrastructure development Asian nations have on the drawing boards, organisers said here yesterday. The framework for the planned
      AFP  -  337 words
    • ASIA NOTES
      • Article
        Lock icon S Korean trade deficit hits US$ 3b
        58 3 AFP SI:OUL South Korea's trade deficit topped US$3 billion (554.6 billion) at the end of April, with imports reaching US$3O billion for the first four months of the year, the Customs Administration said yesterday. The April trade deficit of US$379 million was down
        AFP  -  58 words
      • Article, Illustration
        Lock icon In safe harbour
        56 3 Reuter CHI'ITAGONG, Bangladesh Thai fishermen blown onto the Bangladeshi coast by a storm in the Bay of Bengal posing for the camera as they waited to board a Thai navy ship on Wednesday to go home. Officials said about 170 fishermen were rescued, more than 100 died
        Reuter  -  56 words
      • Article
        Lock icon Indians want the N-bomb: poll
        72 3 Reuter NEW DELHI A massive 84 per ccnt of residents of New Delhi believe India should be nuclear armed, according to an opinion poll published in the Pioneer newspaper yesterday. The poll comes on the eve of Prime Minister P V Narasimha Rao's visit to
        Reuter  -  72 words
      • Article
        Lock icon Ramos hails passing of bank Bill
        54 3 AFP MANILA Passage of a Bill liberalising the entry of foreign banks into the Philippines was hailed yesterday by President Kidcl Ramos as a "clear signal" of economic reform, but analysts said it fell far short of expectations due to continued protection of the
        AFP  -  54 words
    • Article
      Lock icon Mobil to press on with disputed drilling in Spratlys
      315 3 Reuter SINGAPORE US oil company Mobil Corp, returning to Vietnam after a 19-year absence, has vowed to press on with offshore oil exploration work in the Spratly Islands an area hotly contested by both China and Vietnam. A Mobil spokesman in
      Reuter  -  315 words
  • Page 3 Advertisements
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      150 3 Rife j HELPED HUNDREDS International Factors Singapore offers factoring as an innovative financial tool to help SMEs maintain their competitive edge. We provide immediate cash advances of up to 90% against their invoices, take over the tasks of debt collection and book-keeping and offer expert risk assessment and protection. g
      150 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon HK legislators vote down motion
        80 4 Bloomberg Business News HONGKONG The colony's legislators yesterday voted down a motion urging the Hongkong government to consider imposing a capital gains tax on property buyers in order to curb property speculation. The South China Morning Host yesterday quoted Secretary for the Treasury Donald Tsang
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Taiwan Cabinet passes tariff cuts
        97 4 Reuter TAIPEI Taiwan's Cabinet has approved cuts in import tariffs on 758 items as part of a drive to internationalise its economy. The Government Information Office yesterday said the Cabinet approved a draft plan to reduce tariffs on 244 agricultural and 514 industrial items. The
        Reuter  -  97 words
      • Article
        Lock icon China hopeful of faster Gatt re-entry
        84 4 UPI BEIJING China is hopeful its re-entry into the General Agreement on Tariffs and Trade will be sped up despite the cautious stance of Gatt chief Peter Sutherland. Foreign ministry spokesman Wuy Jianmin yesterday said "China is now fully capable of fulfilling its obligations"
        UPI  -  84 words
      • Article
        Lock icon Patten's birthday wish
        136 4 AFP HONGKONG Chris Patten turned 50 yesterday with a renewed commitment to stay on as Hongkong's governor right up until the end of British rule in 1997. "The rumours come and go, but I stay and intend to do so," Mr Patten told a local radio station,
        AFP  -  136 words
    • Article
      Lock icon Mahathir-Li Peng talks focus on bilateral ties
      178 4 Bernama BEIJING Malaysian Prime I Minister Mahathir Mohamad held talks with his Chinese counterpart, Li Peng, yesterday aimed at further enhancing bi- lateral relations. Dr Mahathir said relations i between Malaysia and China i had been good and that there were only "very
      Bernama  -  178 words
    • Article, Illustration
      Lock icon World Bank urges Beijing to stabilise growth
      562 4 Reuter BEIJING World Bank managing director Ernest Stern yesterday praised Beijing for "legendary" economic performance over the past 15 years, but said China must now seek to stabilise growth to assure a smooth future. "China's recent economic growth has been spectacular," Mr Stern
      Reuter  -  562 words
    • Article
      Lock icon Kissinger tells US, China to stop squabbling over MFN status
      262 4 UPI BEIJING Former US Secretary of State Henry Kissinger has urged the United States and China to stop the squabbling over renewal of China's Most-Favoured-Nation status. "I believe there is, and there must be, an opportunity for the two countries
      UPI  -  262 words
    • Article
      Lock icon China plans to turn up the heat in world refrigerator market
      595 4 Reuter BEIJING In her cramped room with peeling wallpaper and old furniture, Jiang Feng plans China's next export assault with refrigerators. Having Hooded world markets with shoes, clothes, toys and sporting goods, China now wants to go upmarket and
      Reuter  -  595 words
    • Article
      S'pore and Suzhou consortiums seal i industrial park deal
      303 4  -  By Schutz Lee SINGAPORE The Singapore and Suzhou consortiums involved in developing an industrial park in the Chinese municipality yesterday sealed their commitment to the project with a joint-venture contract. In the Chinese context, this is an irrevocable document which makes
      303 words
    • Article, Illustration
      Lock icon S'pore will remain top Asean beneficiary of = China investors: DBS
      393 4  - S'pore will remain top Asean beneficiary of China investors: DBS By Schutz Lee SINGAPORE Singapore has been and will confmuc to be the main beneficiary of China's small but growing investment interest in Asean, DBS Bank says in its latest research paper. The Republic will remain attractive to mainland Chinese
      Sourca: China's Minstry of Foreign Trade and Economic Cooperation, DBS Bank  -  393 words
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      81 4 t k Austria wtle '95 INGA P O R E JgF May 16th 17rh. 1994 Aw? 200 p.m. 6.30 p.m. ANA Hotel Singapore i PARTICIPATING COMPANIES APPAREL FABRICS ACCESSORIES GETZNER HB-BRDTTSCHKA JOSEF OTTEN Q PLANNER SCHIELSEIDE PURKERT SILZ TEXTIL RUPERTUS COMMERCE SCHOEFFEL READY TO WEAR LANA OTHERS PAS DE DEUX
      81 words
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      Page 4 Advertisements Column 2
      105 4 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. 8.V.1 ISLE OF MAN BAHAMAS JERSEY BELIZE LIBERIA COOK ISLANDS MADEIRA DELAWARE MAURITIUS GIBRALTAR PANAMA HONG KONG Q U.K.
      105 words
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  • REST OF ASIA
    • Article
      Aussie exporters hit by Asean tariff scheme
      367 6  -  By Donald Turner SINGAPORE Australian food processors say they are being locked out of regional markets by an Asean scheme which sets in place tariffs reaching 60 per cent on some imports. Canberra is pressing Asean to wind back the scheme, which it
      367 words
    • Article
      Lock icon Australian jobs growth slows despite falling unemployment rate
      410 6 Reuter SYDNEY The Australian government yesterday hailed the country's lowest jobless rate in more than two years as confirmation of economic recovery, but analysts warned that months of rapid employment growth had come to an end. Employment Minister Simon Crean welcomed Australian
      Reuter  -  410 words
    • Article, Illustration
      Lock icon Powerless people
      65 6 Reuter NEW DELHI Angry citizens blocking traffic at a road junction in the Indian capital yesterday during a demonstration against shortage of water and electricity in the city. About 2,500 people, chanting 'give us water, give us power', took part in the protest. New Delhi, a city of
      Reuter  -  65 words
    • Article
      Lock icon S Korea moves to break Japanese monopoly on computer screens
      437 6 NYT KIHEUNG, South Korea Having smashed Japan's control of the computer memorychip business. South Korea's electronics giants are now poised to break another near Japanese monopoly, this one over the production of advanced flat-panel computer screens. The Korean entrance into
      NYT  -  437 words
    • Article
      Lock icon NZ to pay off debt as it moves towards, surplus'
      394 6 Reuter WELLINGTON New Zealand plans to pay off a chunjf of its foreign debt as it moves towards its first budget surplus for nearly two decades. Finance Minister Bill Birctf yesterday said that the govern-, ment would press on with
      Reuter  -  394 words
  • Page 6 Advertisements
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      224 6 TIMES, THURSDAY, APRIL 21. (994 r Ob 1 MONEY haa Ind onesia's ershi P laws 1 ov *rn- their* co 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
      224 words
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      Page 6 Advertisements Column 2
      191 6 The director of our Central London residential operation will be in Singapore between 16th and 24th May. Investment opportunities that he will have available include: 1 .WESTMINSTER, SWI (City Westminster, planning permission ref no. *****9) Anew luxury block by one of the largest garden squares in Central London. A total
      191 words
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      39 7 Tk road to Per fec 11 on is lone?, wina i n 0" O O -.i l H™' 4 a n tk e least travelled. Not surprisingly, its also route Lexus drivers most favour. &r erfectionists. B y lerfectionists.
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Brazilian army takes over police duties
        96 8 UPI BRASILIA The Brazilian army moved 1,000 heavily armed troops into police headquarters in Brasilia and Sao Paulo on Wednesday to take over from police who have been on strike for the past 52 days. Troops armed with machine guns and tear gas occupied
        UPI  -  96 words
      • Article, Illustration
        Lock icon On a higher plane
        43 8 Reuter BRUSSELS Flights of fancy? Or can seeing be believing? A yogi on Wednesday demonstrated yogic Hying at a news conference of the European Council of Natural Law Parties. The council announced its programme for the June elections. Reuter
        Reuter  -  43 words
      • Article
        Lock icon Mobile data network for Belgium
        83 8 Bloomberg Business News PARIS France Telecom and Bell South Mobile Data Inc are planning to build a mobile data network in Belgium which will allow users of portable computers to transmit and access data using wireless technology, France Telecom said. The network will be built
        Bloomberg Business News  -  83 words
      • Article
        Lock icon FT, ABC to launch business service
        76 8 Bloomberg Business News LONDON The Financial Times, owned by media group Pearson pic, is joining US television company ABC to launch a financial service for commercial radio stations in Britain, the Times reported. The service will start on May 16 and will consist of
        Bloomberg Business News  -  76 words
    • Article
      Lock icon EC to speed up liberalisation of European telecoms market
      452 8 FT BRUSSELS The European Commission is preparing plans to accelerate the liberalisation of the telecommunications market in Europe, including proposals to allow cable television companies to compete with state telecoms monopolies. The deregulation drive reflects the view in Brussels that the
      FT  -  452 words
    • Article
      SM Lee sees economic freeze on Israel thawing
      574 8  -  From Agnes Chen in JERUSALEM THE economic freeze on Israel would gradually thaw as the Middle East peace process gathered steam and relations between Israel and its Arab neighbours warmed up, Senior Minister Lee Kuan Yew said yesterday. Mr Lee, at the
      574 words
    • Article, Illustration
      Lock icon Mandela's cabinet line-up a fair spread of bitter foes
      487 8 Reuter JOHANNESBURG South Africa's first black president Nelson Mandela has named a government of national unity in which bitter ideological foes will have to work in harness together. The African National Congress (ANC), the National Party (NP) of former president F
      Reuter  -  487 words
    • Article
      Lock icon Germany's leaders hope rate cut will lift gloom ahead of poll
      364 8 NYT NEW YORK German politicians, facing a difficult election campaign, sang a chorus of praise for the central bank for lowering interest rates and expressed hope that the step would accelerate the recovery and transform the gloomy German national
      NYT  -  364 words
    • Article, Illustration
      Lock icon First among women
      50 8 Reuter WASHING TON The wives of US presidents past and present gathered at the National Botanical Gardens on Tuesday in a tribute to the nation's first ladies. From left: Lady Bird Johnson, Betty Ford, Rosalyn Carter, Nancy Reagan, Barbara Bush and current First Lady Hillary Clinton. Reuter
      Reuter  -  50 words
    • Article
      Lock icon White House intensifies campaign to gather support for Gatt pact
      448 8 Reuter WASHINGTON The White House on Wednesday intensified its campaign for Gatt, trumpeting the support of consumer activists despite their deep differences over the world trade treaty. Consumers Union, which publishes Consumer Reports magazine, endorsed the Uruguay Round of the
      Reuter  -  448 words
    • Article
      Lock icon Russia steps up checks on ailing firms in bid to tackle bankruptcy
      198 8 Reuter MOSCOW Russia, tackling decades of inhibition about bankruptcy, is stepping up its checks on ailing firms by launching investigations into their ability to survive the tough new world of market economics. The government seems to be getting
      Reuter  -  198 words
    • Article
      Lock icon Africa urged to diversify economies, depend less on West
      219 8 AFP NAIROBI African Development Bank president Babacar Ndiaye yesterday warned that the West had diverted large amounts of development resources from Africa to more geo-politically important areas and urged Africa to seek self-reliance and diversify its economies. Mr Ndiaye told the
      AFP  -  219 words
    • Article
      Lock icon US electric utilities dividends at risk: analysts
      325 8 Reuter NEW YORK Deregulation and competition are reshaping the electric power industry in the United States, and the recent stunning announcement by FPL Group Inc that it is slashing its dividend and focusing on a growth strategy will likely be copied by other
      Reuter  -  325 words
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  • SPORTS
    • Article, Illustration
      Lock icon Olazabal, Ballesteros give hope to Spanish golf fans
      466 9 Golf AP MADRID Jose Maria Olazabal and Seve Ballestcros arc back from the wilderness, and that was exciting news on Wednesday for Spanish golf fans on the eve of the US$750,000 (SS1.2 million) Spanish Open. Only two months ago, both Spanish stars
      AP  -  466 words
    • Article
      Lock icon Finchem to focus on 4 areas as new US PGA Tour chief
      472 9 AP DALLAS Tim Finchem's attention is directed to four major areas as he prepares to take over as the commissioner of the US PGA Tour. Finchem. who will succeed Deane Beman on June 1, said on Tuesday no
      AP  -  472 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        80 9 AFP NEW YORK Major League on Wednesday American: Boston 7 Milwaukee I; Detroit 6 Oakland 2; NY 6 Cleveland 3; Baltimore 4 Toronto I; Texas 6 California 8 (in 10, Ist game); Texas 1 California 13 (2nd game); Chicago 14 Seattle 6; Kansas City 9 Minnesota 0. National: SF
        AFP  -  80 words
      • Article, Illustration
        Lock icon Basketball
        171 9 AFP Reuter NEW YORK Hakeem Olajuwon's blocking skills and Scottie Pippcn's steals earned them places on the NBA All-Defensive team announced on Wednesday. Olajuwon, the Houston Rockets centre who was named NBA defensive player of the year earlier this week, ranked second in the league in blocked shots, averaging
        AFP; Reuter  -  171 words
      • Article, Illustration
        Lock icon Cricket
        110 9 Reuter SYDNEY Allan Border was offered one of the country's top coaching jobs on Wednesday less than 24 hours after announcing his retirement from international cricket with a bitter attack on the game's hierarchy. Australian Cricket Board (ACB) chairman Alan Crompton said an earlier job offer still stood despite
        Reuter  -  110 words
      • Article, Illustration
        Lock icon Cycling
        225 9 AP AP ASHEVILLE, North Carolina Sponsorship of the Tour DuPont cycling racc is a scheme to buy the goodwill of people who are victims of the nation's largest polluter, an environmental group charged on Wednesday. "This race is a cover-up," said Lou Zeller, community organiser for the Blue Ridge
        AP  -  225 words
      • Article, Illustration
        Ice hockey
        30 9 NEW YORK Stanley Cup Eastern Conference semifinals on Wednesday: Boston 3 New Jersey 5 (New Jersey wins best-of-seven series 4-2 and advances to conference final against NY Rangers).
        30 words
      • Article, Illustration
        Lock icon Soccer
        78 9 Reuter KUALA LUMPUR Ruling body Fifa has effectively buried an Asian compromise plan that Japan and South Korea co-host the 2002 World Cup to resolve an acrimonious battle for the right to hold the tournament. Fifa general secretary Sepp Blatter, here for the Asian Football Confcderaton (AFC) congress, yesterday
        Reuter  -  78 words
    • Article, Illustration
      Lock icon The need to win without Michael
      809 9  -  Dave Anderson looks at the Bulls' playoff hopes in the absence of Michael Jordan Dave Anderson NYT NEW YORK The first name is enough for only a few. Babe. Muhammad. Wayne. Wilt. And. of eourse. Michael. As a minor league outfielder, he's no longer
      NYT; Reuter  -  809 words
    • Article
      Lock icon PhOenix Suns, New York Knicks take 2-0 leads in conference semis
      493 9 AP NEW YORK Fourth-quar-ter comebacks were the theme of the night on Wednesday as the Phoenix Suns and New York Knicks took 2-0 leads in their conference semifinals. The Suns' comeback was the biggest final-period rally in playoff history.
      AP  -  493 words
    • Article, Illustration
      Lock icon Denmark and Malaysia forge ahead in Thomas Cup
      354 9 AP JAKARTA Denmark blanked Thailand 5-0. and Malaysia edged South Korea 3-2 on Wednesday in the competition for the Thomas Cup. In the women's competition for the Über Cup. Indonesia shut out Thailand 5-0. and Sweden rallied to defeat Denmark 3-2. The
      AP; Reuter  -  354 words
    • Article
      Lock icon S Africa faces England and looks to rugby's future
      341 9 Reuter JOHANNESBURG England embarks on a rugby union tour of South Africa with administrators in the republic voicing conflicting views on the sport's future there. The peaceful election process has ensured the tour England arrived in Johannesburg yesterday for eight matches
      Reuter  -  341 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      764 10 Nothing Beats A Bud. B or ■Ulachine A good reason to visit Mischief the fun pub: From spm to Bpm daly, beer and house pouring drinks are at only $3.50++ each. Mischief Is open from 11 am to lam daily 4m. (til 2am on Fridays, Saturdays [J eve of pubik
      764 words
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      Page 10 Advertisements Column 2
      339 10 WHERE TO WINE, DINE AND ENTERTAIN To Savour Tho World, Git k Phjfh Start Our International Buffet at Cafe Plaza is a world of culinary delights. Starting with a bed of the freshest Rock Oysters. Followed by a sumptuous spread of everything from French and Italian, to Japanese, Thai and
      339 words
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      Page 10 Advertisements Column 3
      291 10 11 111 lllill AX T H R CHATTKRBOX 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 luffet lunch $20 &<)♦♦ (Adult)/)12 00** (Child) •uftet dinner: $22
      291 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon The story of Siv
      988 11  -  Harish Mehta meets the man who survived the Khmer Rouge reign of terror to become the highest-ranking Asian in the White House Harish Mehta A.N ESCAPEE from Cambodia's Killing Fields went on to become the highest-ranking Asian to hold a post in the White House, and
      Photo by Chris Loh  -  988 words
    • Article
      Lock icon Gene Kelly struck by headache, muscle pain
      394 11 CHATTERBOX UPI UPI UPI AP AP LEGENDARY movie hoofer Gene Kelly, 81, was released on Tuesday from San Francisco's St Mary's Hospital, where he had been treated for a bacterial infection in his right leg. Kelly, one of the narrators of MGM's new
      UPI; AP  -  394 words
    • Article, Illustration
      Combining culture, art and function
      425 11  -  The Studio Australia booth at the Craft Fair boasts a stunning array of artifacts. Lisa Murray reports Lisa Murray Lisa Murray is a freelance writer EVERY time visitors go to the annual Asian International and Gift Fair at the World Trade Centre, they can expect
      425 words
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      Page 11 Advertisements Column 1
      84 11 Pfflg sc«ne r MCai. 'j(,vrfar)S w V ,r *T *»•s•*»o< j V- v I v Pool Ookwifold T arxJNid'yHoljpwoy >•. i f baledttc A Back-To-Basics Musical -V y' ML/ 4; i l >, 0' S!-Ui v < "'i fcv.. Launch Party Friday 13th May Featuring DJs Jeremy Jonathan plus Midnight
      84 words
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      Page 11 Advertisements Column 2
      58 11 Surf Turf Poolside BBQ elegant alfresco dining Celebrate the euphoria that Friday and Saturday brings with choice succulent meats and an ocean harvest grilled to your satisfaction. Friday <4 Saturday only 6.30pm to 10.30pm Price: Ss26.oo++t adult) S$ 14.00++•+ child below 12 years 24 Mount Elizabeth, Singapore 0922. Td *****88
      58 words
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      Page 11 Advertisements Column 3
      44 11 CLASSIFIED A CLASS OF ITS OWN WHEN AND WHERETO CONTACT YOU. Be sure to include your phone number and specify hours. And aon't make it difficult for potential buyers to you! Make A Difference To Your ADVERITSEMWrc TODAY! •A CATS CAIJ. 1800 -737-1166 NOW.
      44 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1207 11 TV RADIO Shades of B.oopm, SBC Valerie Bert inelli. George Dzundza and Peter Dobson in p^^^SSL this movie about a district at- jT^H torney who takes on the mob Ix~ i, v Jfc that terrorises the city. J tjk In the Midnight Hour, 11.00pm, SBC 5 NiL On Halloween, a
      1,207 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Neil Godfrey: a good ad sells, not win awards
      657 12  -  Art director hopes to see more Asian personality in local ads. Corinne Kerk reports Corinne Kerk FOR someone credited with creating milestones in the advertising industry, Neil Godfrey is a very modest man. He has lost count of the hundreds of
      657 words
    • Article
      Lock icon Change creeping up on Four As in US
      772 12 NYT CHANGE is slow in coming to the advertising industry. But as the American Association of Advertising Agencies begins its annual meeting, there arc palpable signs that there is indeed change. For one thing, the Four As, as the industry organisation is
      NYT  -  772 words
    • Article
      F J Benjamin to design and manufacture Guess? handbags
      299 13  -  Deal will ring in millions for the local retailer. Corinne Kerk reports Corinne Kerk LOCAL retailer FJ Benjamin Fashions recently secured rights to design, manufacture and distribute Guess? handbags and small leather goods throughout nine countries in the Asia-Pacific region. The
      299 words
    • Article, Illustration
      Lock icon Glamour ads given the miss in annual awards
      345 13 AP NIKE didn't do it. Reebok is somewhere, perhaps on another planet? Always Coca-Cola? Not this time, buddy. And Pepsi-Cola? Well, it will just have to wait for the next generation of ads. The glamorous-lifestyle advertisers that have won in previous years
      AP  -  345 words
    • Article, Illustration
      Battle hotting up for India's ice-cream market
      548 13  -  Rajendra Bajpai in New Delhi reports on Wall's and Baskin Robbins' fight for the USsBom market Rajendra Bajpai INDIA is about to witness a hot battle between international giants for the US$BO million (S$ 124.8 million) icc-cream market. Brook Bond Lipton India Ltd,
      548 words
    • COPY LINES
      • Article
        US Mountain Dew launched here
        30 13 SINGAPORE Pepsi-Cola International has launched Mountain Dew. America's fastest growing carbonated soft drink, in Singapore. Mountain Dew is a light citrus-flavoured drink with low carbonation.
        30 words
      • Article
        Cable & Wireless' global TV ad
        71 13 Cable Wireless' global TV ad SINGAPORE Cable and Wireless has become the first communications company to launch a new service through a television commercial shown simultaneously around the world. The simultaneous transmission, on Cable News Network and Cable News Network International, introduced Cable and Wireless' international Global Digital Highway services.
        71 words
      • Article
        Christmas Island appoints agency
        62 13 SINGAPORE Christmas Island Resort and Casinos has appointed DDB Needham Singapore as its advertising agency across six markets in the Asian region. The account is expected to yield billings of $2 million and was won in a pitch against CR Grey and DMB&B. Other accounts under
        62 words
      • Article
        3-D bus ads take off
        70 13 SINGAPORE The first three-dimensional bus advertisements have made their debut here. The ads, for Tiger Beer, were created by Saatchi Saatchi. The 3-D effect was made possible through the use of specially moulded fibre-glass panels. Viewed from the left, the panels feature the globe, which
        70 words
    • Article
      Lock icon M'sia bans Salem rock concerts after protest
      273 13 AFP MALAYSIA yesterday banned its TV stations from airing commercials of rock concerts organised by cigarette maker Salem after an Islamic group protested over the shows where patrons allegedly received free cigarettes and alcohol. "Such distribution (of cigarettes and liquor) is most inappropriate
      AFP  -  273 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      183 12 m^BrnK^lmmmmmSMmslKinKm "»nnnt—nmnin ...It 1 ■t* c zr^9 r Q > IHHIBHHBHHpmHIH On our First and Business Classes, entertainment on as many as 11 inflight name it. All regularly updated. All After all, we did recently win the we can't promise that you'll always be channels. In addition, Qantas First uncensored.
      183 words
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      102 13 f J K W Ctom 1 II SINtiAI'ORr I RANI. HISi r "TT PRESENTS Kenny Rogers FINALLY LIVE IN SINGAPORE Su M ay I Time 8 PM Venue i, |k Singapore Stadium j. sioof 348 5555 V *****37 rickets are available at all SISTII Jitiic 19^) S ffP Raffles City
      102 words
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      Page 13 Advertisements Column 2
      173 13 ffcttsYwr Skin Care Regime Work h Hard h \m Do? For optimum results, your beauty regime will have to work in harmony with your skin's own biological rhythm. Now Carita presents the ■■■■I Cinetic range a customised beauty care that works harder and smarter. when and where your skin needs
      173 words
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  • Article
    Hata in a hurry
    507 14 EDITORIAL TSUTOMU HATA is known to be a politician in a hurry. And as Japan's new prime minister he can put this quality to good use, as time is running out for his fragile coalition government. If internal wrangling has not yet undermined its credibility, international
    507 words
  • WHAT THE OTHERS SAY
    • Article
      Answer to Lord's prayer
      294 14 BY OBJECTING to Singapore's offer to host the first meeting of the World Trade Organisation (WTO), United States Trade Representative Mickey Kantor seems to confirm the misgivings that the US government's senior-most Asia expert, Assistant Secretary of State Winston Lord, recently expressed in a presumably confidential
      294 words
    • Article
      Build a healthy lifestyle
      128 14 NEW STATISTICS show that Malays as a community are not fit, compared with the Chinese or the national level. This is a sad fact. It is time for Malays to pause and think seriously about health matters about their diet, which is usually fat or sugar-laden,
      128 words
    • Article
      Let good sense prevail
      171 14 SINGAPORE'S BID to host the first ministerial meeting of the World Trade Organisation (WTO) has been opposed by US Trade Representative Mickey Kantor. While Mr Kantor has not made clear the reasons for his opposition, his view is not unexpected. Many believe that the US opposition
      171 words
    • Article
      A doomed marriage
      205 14 NELSON MANDELA told Taiwanese leaders last August that the African National Congress (ANC) could not drop an old friend because it had found a new one in Taipei. Moreover, as a newly reinstated member of the United Nations, he said South Africa would be part of the
      205 words
    • Article
      Save Cameron Highlands
      121 14 WHILE the authorities woo tourists with glossy brochures and consider their accommodation needs, they should not forget Cameron Highlands' charms lie in its refreshingly cooler clime which it is fast losing to deforestation, silted rivers, landslides and flash floods. Extreme care should be taken not to debase
      121 words
    • Article
      Don't ban Schindler's List
      111 14 THAILAND'S censorship board has once again ventured into territory it seems to know little about, as it attempts to uphold morality by using a set of outdated "standards". It said on Monday that it would ban the Oscar-winning film Schindler's List unless its distributor cuts a
      111 words
  • Article, Illustration
    Lock icon Why the world must root for South Africa
    956 14  -  William Pfaffsays if the process of building a new South Africa proves a success, that success could change the course of much else on the continent William Pfaff IHT The transfer of power from white to black in South Africa has taken
    IHT  -  956 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      48 14 1 Such 3 market -for choice jobs, -fresh every day J Any Job. Any Career. Available Any day. Any Time. Anywhere. The Straits Times The Sunday times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU JT Singapore Press Holdingn
      48 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      57 14 f h N TMe BuViNG CLERK OF THC Dot£A>L (Sou must ee f**? sristouj J p=\ nog. *cSL~ DOONESBURY GARRY TRUDEAU I f ROM JULY 23,1974." NIXON OBSTRUCTION OF l\\ II J" €Hi>Y ft'PKNQCK -fff 1 IUFTMl UFTM MY LORD. I &mA&WKQR -&6fi6Sr 'NOMZAOWU: WOF M\ WMN6... CFFeNSS'! HOUJCAN wcCNSH-
      57 words
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  • ANALYSIS
    • Article, Illustration
      A top red capitalist's fast-moving world
      2091 15  -  When it comes to clout, few Chinese business leaders can match Huang Yantian. Head of a US$5.5 billion financial powerhouse, he has ambitious plans. Joyce Barnathan and Bruce Einhorn find out how ne operates and where he plans to take his dynamic organisation Joyce
      2,091 words
    • Article, Illustration
      The good life for Guangdong's ultimate salesman
      438 15 THERE'S no question that Huang Yantian is the driving force behind Gitic. While Di Changyun is the chairman, the job is mostly a sinecure for a man who served the province for many long years. Mr Huang, by contrast, spends an average of
      438 words
    • Article
      A great nose for finance
      366 15 ASIDE from spurring investments such as Chrysler's, Huang Yantian is also trying to attract capital from around the world that can be funnelled into massive projects ranging from power plants and telecommunications systems to superhighways. Old-fashioned state banks can't play a leading role. Many are
      366 words
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  • Article
    Lock icon Lower American producer prices calm fears over inflation
    589 16 Bloomberg Business News Reuter WASHINGTON Falling food and energy costs pushed US producer prices down 0.1 per cent last month, providing more evidence that inflation is not bedeviling the economy. Other government reports yesterday showing that retail sales declined 0.8 per cent
    Bloomberg Business News; Reuter  -  589 words
  • Article, Illustration
    Lock icon UK Labour leader dies of heart attack
    508 16  -  From Neville Stack in LONDON THE man who was expected to become the next Prime Minister of Britain, Labour leader John Smith, died yesterday from a massive heart attack. He was 55. His death stunned parliamentarians of all parties. Mr Smith, who was
    Reuter file photo  -  508 words
  • Article
    Lock icon Punishing China could cost US over US$ 10b
    405 16 Reuter AP WASHINGTON The tug of war over US-Sino ties escalated on Wednesday when American labour unions blasted China as a dictatorship and a new study said that punishing Beijing on human rights could cost Americans more than US$lO billion (5515.5 billion).
    Reuter; AP  -  405 words
  • Article
    Lock icon Indon govt silent on report of Salim bailing out Bapindo
    347 16 The Straits Times JAKARTA Finance authorities are declining to comment on a news report that Indonesia's largest business conglomerate, the Salim Group, had injected US$5OO million (***** million) to help prop up the ailing Bapindo state bank. Bapindo provided loan
    The Straits Times  -  347 words
  • Article, Illustration
    Lock icon Li Peng seeks foreign help to build China's economy
    386 16 IHT Xinhua BEIJING Prime Minister Li Peng, hosting a dinner for major foreign corporate leaders and hundreds of their guests in the Great Hall of the People, has asked for money, technology and management skills to help build China's economy. "To
    IHT; Xinhua  -  386 words
  • Article, Illustration
    Where one per cent wields an enormous power
    911 16  -  The Bottom Line HARISH MEHTA HARISH MEHTA The writer is BT's Indochina correspondent I TS the nature of the beast that joint ventures anywhere in the world are fraught with risks of one sort or another. But in Vietnam, this method of
    911 words
  • Article
    Lock icon M'sian, Chinese, Japanese firms in auto parts tie-up
    242 16 MBT BEIJING Malaysia, China and Japan yesterday signed a Memorandum of Understanding (MOU) for the manufacture and distribution of motor vehicle-related products in a move which Malaysian Prime Minister Mahathir Mohamad described as a "milestone of cooperation". The MOU was signed by
    MBT  -  242 words
  • Article
    Lock icon Japan, US to revive trade talks before G-7 summit
    138 16 Reuter TOKYO Japanese Foreign Minister Koji Kakizawa and United States Ambassador Walter Mondale agreed that both nations would try to revive bilateral trade talks before this year's Group of Seven (G-7) summit in July, a Foreign Ministry official said here yesterday.
    Reuter  -  138 words
  • Page 16 Advertisements
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Market rumours take toll on Nat Steel's share price
      577 17  -  By Joyce Quek SINGAPORE Rumours, rumours and more rumours have been pushing the share price of listed steel producer Nat Steel Ltd down this week. By the time the company clarified its position yesterday afternoon, the price had slid as low
      Source: Bridge Info  -  577 words
    • Article
      Guthrie placement raises $32m for offshore property
      272 17  -  By Abdul Hadhi SINGAPORE Guthrie GTS has made a private placement of 40 million shares at 80.5 cents each to fund its offshore property ventures. The diversified group said yesterday the net proceeds from the placement would be about $32 million. It will
      272 words
    • Article
      Lock icon Tenaga signs accord on power cable joint venture
      130 17 Bernama KUALA LUMPUR Power supplier Tenaga Nasional Berhad yesterday signed a memorandum of understanding with Fujikura Ltd and Federal Power Sdn Bhd to embark on the joint manufacturing of high-voltage power cables. The manufacture of the ca- bles will not only meet
      Bernama  -  130 words
    • Article
      Lock icon L&G to buy six shipping companies for Ms7sm
      284 17 Bernama KUALA LUMPUR Land General Bhd proposes to acquire six shipping companies for a total of Ms7s million (5544.2 million) to be satisfied by the issue of 10 million new shares at M 57.50 per share. The acquisition will enhance the group's
      Bernama  -  284 words
    • Article
      Sembawang's Thai joint venture a stepping stone to Indochina
      667 17  -  HOCK LOCK SIEW By Loh Hui Yin BANGKOK "In any potential business, it usually starts with friendship," says Thavich Taychanavakul, the man who brokered the Sembawang group's first major Thai business alliance which was sealed here earlier this week. And in
      667 words
    • Article
      Rothmans Int'l drops plan to combine Asian units
      305 17  -  By Ven Sreenivasan SINGAPORE United King-dom-based tobacco giant Rothmans International pic announced yesterday it will not resurrect a plan to fuse its Asian tobacco companies into a single Hongkong-based business. Following a restructuring in October last year, Rothmans International presented its shareholders
      305 words
    • Article
      Teledata makes strong debut on Sesdaq
      248 17 SINGAPORE This year's fifth addition to Sesdaq, Teledata, made a strong debut yesterday when its shares opened at 68 cents 18 cents above the initial public offer price of 50 cents. Within 10 minutes of opening, the stock drifted to 62 cents, then climbed
      248 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        42 17 Mixed Market Mood indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Daiwa. GK Goh. Kay Hian Morgan Grenfetl. Smith New Court. lat !*e and SG Warburg
        42 words
      • Article, Illustration
        HOT STOCK
        185 17  -  -By Teh Hooi Ling The share price of Insas Bhd has traded into the apex of a symmetrical triangle formed since early this year. Seven-ty-five per cent of the time, a symmetrical triangle will be a continuation pattern that is, the price will resume its trend before the
        185 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Hume-linked firm to list on KLSE
          117 18 MBT KUALA LUMPUR The proposed notation of Sarawak Concrete Industries Bhd (SCIB) on the Kuala Lumpur Stock Exchange second board has been approved by the Securities Commission. The company is a 40 per cent associate company ot Hume Industries (Malaysia) Bhd. The notation scheme
          MBT  -  117 words
        • Article
          VDH buys stake in Texas oil firm
          64 18 SINGAPORE Van Der Horst Ltd has acquired 49 per cent of the shares in Sino Energy Technology and Service Corporation for US$l.49 million. The amount will be financed internally and from bank borrowings. Sino Energy was incorporated in Texas in 1982, and specialises
          64 words
        • Article
          Lock icon LKH-led group in Shanghai project
          113 18 MBT KUALA LUMPUR General Corp Bhd (GCB) has announced that a consortium led by Low Keng Huat (Singapore) Ltd has secured aMS 110 million privatisation project to develop and sell local housing in the Minhang municipality in Shanghai. The consortium comprises Low Keng Huat, I
          MBT  -  113 words
        • Article
          Business Traders cuts Hind stake
          39 18 SINGAPORE Business Traders Ltd has reduced its shareholding in Hind Hotels International Ltd from 58.33 per cent to 41.4 per cent through the sale of 11.18 million shares of $1 each on May 5.
          39 words
        • Article
          Electro Magnetic's alternate director
          29 18 SINGAPORE Electro Magnetic has appointed Patsy Chang Nai Hwa as alternate director to Hu Kee Cheng for the period from May 12 to Jun 1.
          29 words
        • Article
          GP Batteries' share split
          41 18 SINGAPORE Shareholders of GP Batteries International Ltd yesterday agreed to split each ordinary share of $1.60 into two, so that the authorised capital of the company becomes $125 million comprising 156.25 million shares of 80 cents each.
          41 words
        • Article
          Chemical Industries' audit committee
          20 18 SINGAPORE Hsu Tse-Kwang has been appointed to the audit committee of Chemical Industries (Far East) Ltd.
          20 words
      • Article
        Lock icon Bandar Raya's manufacturing arm sees higher profits
        370 18 The Star KUALA LUMPUR Bandar Raya Developments' manufacturing division is expected to make a bigger contribution to group profits by 1996, boosted by Mieco Chipboard's third production line. Last year, the country's largest chipboard manufacturer and Bandar Raya's manufacturing arm accounted for 15
        The Star  -  370 words
      • Article
        Pengkalen to pay M$ 100m for Sabah marble concession
        421 18  -  From Ho Kay Tat in KUALA LUMPUR PENGKALEN Industrial Holdings Uhd (PIH), which has been suspended since March 22, finally announced yesterday plans to buy a huge marble concession in Sabah state for MSIOO million (5559.5 million). PIH will pay the
        421 words
      • Article
        Lock icon MPHB plans bonds to finance investment
        526 18 MBT KUALA LUMPUR Multipurpose Holdings Bhd (MPHB), with short-term bank borrowings amounting to MS 181.5 million (S$ 107 million) as at Feb 28 this year, says its proposed issue of bonds with warrants will enable it to secure cheaper fixed rate long-term funds to
        MBT  -  526 words
      • Article, Illustration
        Lock icon Olympia Ind seen as long-term buy
        238 18 Reuter KUALA LUMPUR Gaming counter Olympia Industries Bhd is undervalued and should be seen as a "long-term buy" as it ventures into property and stockbroking, Mayban Securities Research said. "Given the possibility of it expanding its gaming operation outside Sabah territories, Olympia can easily
        Reuter; Reuter file photo  -  238 words
      • Article
        Lock icon Pegi to sell its IT units for M$ 42.5m
        161 18 Bernama KUALA LUMPUR Pegi Malaysia Bhd proposes to dispose of its entire equity in five wholly-owned subsidiaries involved in information technology for a total of M 542.5 million (SS2S million) cash to concentratc on its property development activities. It said yesterday
        Bernama  -  161 words
      • Article
        Lock icon Broker Tong set to be major player on KL financial scene if bank rescue works
        511 18 MARKET WATCH Reuter KUALA LUMPUR A 34-year-old stockbroker may become a major player on the Malaysian financial scene if he succeeds in rescuing a bank which has been in receivership since 1989, analysts say. Tong
        Reuter  -  511 words
      • Article
        UNIT TRUSTS & FUNDS
        506 18 UNIT TRUSTS FUNDS Managers prices May 13 US Gr Fund 100 104~ Singapore Unit Trust The Commerce I.IO I SO .IS 2! Ihc Sav.ngs Fund 1 55 1 64 f c i Spore ProThund 0 71 0 75 UfcJGf F'wd' 65 172 S pore SccFund 103 109 United Asa Fund
        506 words
      • Article
        Lock icon UEM sees good prospects as economy surges
        277 18 Bernama KUALA LUMPUR United Engineers (Malaysia) Bcrhad, which has grown to be a construction supermarket, expects prospects this year to be encouraging against a backdrop of a favourable economic growth. Chairman Radin Soenarno says in the company's 1993 annual report that the outlook
        Bernama  -  277 words
      • Article
        DIVIDENDS ANNOUNCED
        1559 18 Payment Kx Books Pay dale close date A8K Hldgs y F 9 Jun 29 Jul 5 Jul IS Acma F 10 Jun 14 Jun 20 Jul 5 Boustead 50* I 8.5 Apr 22 May 7 Jun 6 B Kaya F 5 May 24 Jun 8 Jul 7 Cathay
        1,559 words
      • Article, Illustration
        Lock icon Air New Zealand expects higher second-half profit
        250 19 Bloomberg Business News WELLINGTON Air New Zealand Ltd surprised investors yesterday with an announcement that its annual profit and final dividend will be higher than earlier forecast. The announcement sent the airline's Class A shares, which can only be held by New Zealandcrs,
        Bloomberg Business News  -  250 words
      • Article
        Lock icon Australia's National Mutual seeks Asian investor in HK unit
        498 19 Reuter HONGKONG Australianbased life insurer National Mutual is seeking a Chinese or other Asian investor to help its Hongkong subsidiary get a foothold in the potentially huge China market. National Mutual Asia chairman David Akers-Jones yesterday said the parent company, Australia's
        Reuter  -  498 words
      • Article
        Lock icon Analysts say India's curb on Euroissues a right move
        227 19 Reuter BOMBAY India's decision to impose new restrictions on corporate Euroissues will help it control the inflow of foreign exchange and keep foreigners interested in the country's reforming economy, analysts said on Thursday. They said macroeconomic pressures like inflation and currency
        Reuter  -  227 words
      • Article
        Lock icon CP Pokphand disappoints with lpc rise in net profit
        180 19 Bloomberg Business News HONGKONG Agricultural group CP Pokphand's net profit for 1993 was U5544.28 million (5568.6 million), up less than one per cent from the previous year and well below market expectations. The company yesterday reported an operating loss of U5510.35
        Bloomberg Business News  -  180 words
      • Article
        Lock icon HK bourse concerned about battle to control Asia Securities
        254 19 Eastern Express HONGKONG The Stock Exchange of Hongkong has expressed serious concern about a battle to control the listed property group Asia Securities International. The company became 58 per cent owned by a subsidiary of Lippo Group, an offshoot of Hongkong
        Eastern Express  -  254 words
      • Article
        Lock icon Guangdong Corp mops up remaining lOpc of HK operating unit
        237 19 Bloomberg Business News MELBOURNE Guangdong Corp. the first Chinese company to list on the Australian Stoek Exchange, said it plans to acquire the 10 per cent of Hongkong-based Full Arts Metal Works Ltd that it doesn't already own. Guangdong said
        Bloomberg Business News  -  237 words
      • Article
        Lock icon China to expand B share issues to revive sluggish bourse
        434 20 Bloomberg Business News BEIJING China will expand issues of company shares available to foreign investors in a bid to revive the sluggish B share market. The official Xinhua news agency yesterday quoted the country's securities chief, Liu Hongru, as saying:
        Bloomberg Business News  -  434 words
      • Article
        Lock icon Taiwan's Acer still struggling to enter Japanese market
        473 20 Bloomberg Business News TOKYO For high-flying Taiwanese computer maker Acer Inc, the word in Japan has been perseverance. While sales have taken oft" in the United States and the rest of Asia, five years in the Japanese market have produced little in
        Bloomberg Business News  -  473 words
      • Article
        Lock icon John Fairfax 9-month profit up 148 pc on higher ad revenue
        282 20 Bloomberg Business News SYDNEY Australian newspaper publisher John Fairfax Holdings Ltd says higher revenue from advertising helped increase profit in the nine months ended March 31. The company yesterday said its profit rose 148 per cent to A$ 117
        Bloomberg Business News  -  282 words
      • Article, Illustration
        Lock icon Fears of computer oversupply take toll on shares of disk-drive makers
        478 20 NYT NEW YORK Fears that the traditional summer slump in computer sales would lead to a repeat of last year's oversupply and subsequent price wars prompted investors to dump shares of disk-drive manufacturers on Wednesday. And the selloflf was
        NYT  -  478 words
      • Article
        Lock icon India's ITC fends off bid for controlling stake by UK's Bat Industries
        409 20 AFP NEW DELHI Indian cigarette maker ITC Ltd, with ambitions of emerging as a global player, has temporarily beaten back a controversial bid by Bat Industries pic of Britain to take over its tobacco business. Bat has been
        AFP  -  409 words
      • COMPANY BRIEFS
        • Article
          Lock icon Cheung Kong eyes San Miguel site
          71 20 Reuter HONGKONG Cheung Kong (Holdings) Ltd will bid for San Miguel Brewery Ltd's plant site in the New Territories, said one of its direetors. Albert Chow was speaking at the annual meeting of Hongkong Electric Holdings, also controlled by Cheung Kong chairman Li Ka-shing.
          Reuter  -  71 words
        • Article
          Lock icon Metallgesellschaft unit in black
          70 20 Reuter LONDON London Metal Exchange ring dealer Metallgesellschaft Ltd announced pre-tax profits of £22.3 million (5551.7 million) in the six months to end-March after pre-tax profits of £10.4 million for the 12 months to September 1993. "These figures arc well ahead of budget and result from
          Reuter  -  70 words
        • Article
          Lock icon Chinese Estates surges after buyback
          80 20 Reuter HONGKONG Shares in Chinese Estates Holdings surged 80 HK cents, or 12.31 per cent, to HKS7.3O as speculators and major shareholders targeted the counter, brokers said. Bobby Ho, dealing manager at GK Goh, attributed the share's rise to shareholders buying back the stock, which
          Reuter  -  80 words
        • Article
          Lock icon Tatung soars on profit reports
          101 20 Reuter TAIPEI Tatung Co Ltd, one of Taiwan's leading cleetronic appliance makers, soared by the daily 7 per cent limit on newspaper reports of higher profits in Tatung subsidiary Chunghwa Picture Tubes Co Ltd, brokers said. Officials at Chunghwa and Tatung declined to comment on
          Reuter  -  101 words
        • Article
          Lock icon Guinness Flight opens HK unit
          73 20 APP HONGKONG Guinness Plight Global Asset Management yesterday opened a regional unit trust office in Hongkong to promote its investment portfolios. Called the Guinness Flight Asia, the firm is part of the offshore investment group which has more than USS2.S billion (SS3.B billion) under management.
          APP  -  73 words
        • Article
          Lock icon US bourse launches new index
          55 20 Reuter NEW YORK The American Stock Exchange said it developed a Securities Broker/Dealer Index that will help investors track the companies that follow their US and international investments. The new index of nine component stocks will be listed under ticker symbol XBD. Options trading was
          Reuter  -  55 words
      • Article, Illustration
        Lock icon Watchmaker Citizen blames strong yen for 37.7 pc drop in profit
        413 20 Bloomberg Business News TOKYO Citizen Watch Co, one of the world's largest watchmakers with a 19 per cent global market share, said yesterday its current profit fell 37.7 per cent for the fiscal year ended March 1994. The higher
        Bloomberg Business News  -  413 words
      • Article
        Lock icon Royal Dutch/Shell's first quarter profit down 2pc on low oil prices
        268 20 Bloomberg Business News LONDON Royal Dutch/ Shell Group, the world's largest oil company, said first-quarter earnings fell 2 per cent as low oil prices offset gains in chcmical and refining profits. Royal Dutch/Shell yesterday said profit, based on current
        Bloomberg Business News  -  268 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Bank Negara fighting inflation via ringgit
        404 21 Knight-Ridder KUALA LUMPUR Bank Negara's move to raise bank reserve ratios and lift restrictions on so-ealled vostro accounts is a clear sign that the Malaysian central bank has opted to fight inflation with a stronger ringgit rather than through higher interest rates. The central
        Knight-Ridder  -  404 words
      • Article, Illustration
        Nets to start final test for Cashcard service
        175 21 SINGAPORE Auto-bank-ing service Nets will begin the final technical test for its Cashcard service on May 30. The test, lasting about month, will precede the launching of a pilot project for the Cashcard later in the year. The Cashcard is a storedvalue
        175 words
      • Article
        Lock icon EU govts urged to restrict cash card issuers to banks
        288 21 FT LONDON Central bank governors have advised European Union governments to prevent companies other than banks from issuing electronic cards which can be used as a substitute for cash. They said this would help to protect consumers. The European Monetary
        FT  -  288 words
      • Article
        Lock icon HSBC sells 20pc stake in Equator to Nedcor
        189 21 AFP HONGKONG HSBC Holdings pic, the parent of Hongkong and Shanghai Banking Corp Ltd, said yesterday it had sold a quarter of its 80 per cent stake in Equator Bank Ltd to South Africa's Nedcor Bank Ltd. Under the acquisition plan, Nedcor
        AFP  -  189 words
      • SMALL CHANGE
        • Article
          Lock icon Four foreign banks get Thai licences
          98 21 Reuter BANGKOK The Securities and Exchange Commission (SEC) has approved licences to underwrite and trade debt instruments for tour branches of foreign banks here. The four banks are Deutsche Bank AG, Standard Chartered (Thailand) Ltd. Citibank N'A and Banquc Indosuez. An SEC spokesman said
          Reuter  -  98 words
        • Article
          Lock icon PLDT delaying US$ 250m bond issue
          78 21 Reuter MANILA Philippine Long Distance Telephone Co is delaying a USS2SO million (SS39B million) bond issue until market conditions stabilise, a PLDT official said. The official said PLDT has won approval from US regulators for the issue. "But it would not be wise to
          Reuter  -  78 words
        • Article
          Lock icon Raising equity for Indian banks
          89 21 Reuter NEW DELHI India's parliament approved a bill allowing state-owned banks to raise up to 49 per cent of their equity from public issues. United News of India said the Rajya Sabha (Upper House) passed the bill by 76 votes to 19 after a heated
          Reuter  -  89 words
        • Article
          Lock icon Pakistan devalues rupee
          35 21 Reuter KARACHI The State (central) Bank of Pakistan devalued the rupee to 30.6100/30.7631 against the US dollar from 30.5800/30.7329 fixed on May 7. The bank gave no reason for the move. Reuter
          Reuter  -  35 words
      • Article
        Lock icon Good start to Simex trading of Japanese govt bond options
        197 21 AFP SINGAPORE Japanese government bond (JGB) options, traded for the first time on the Singapore International Monetary Exchange (Simex) this week, got off to a promising start, dealers said yesterday. A total of 6.942 contracts, each with a face value
        AFP  -  197 words
      • Article
        Lock icon China clamps down on oil sector to curb profiteers
        471 22 Reuter SINGAPORE China has brought back more central control in its oil policies to protect the domestic industry and stop profiteering, dramatically reversing its decentralisation drive of recent years. "If we don't stop (decentralisation) for a while, we cannot regulate the
        Reuter  -  471 words
      • Article
        Lock icon Markets plunge as China plans to fix energy prices
        343 22 Reuter SHANGHAI China's decision to fix energy prices has plunged the country's fledgling oil futures markets into confusion, with trading in Nanjing halted completely, traders said. The Nanjing market, the first of its kind in China, has had no turnover all
        Reuter  -  343 words
      • Article, Illustration
        Lock icon Blockade or not, here they come
        54 22 Reuter KABUL Afghan boys carrying sacks of wheat on their bicycles from the southern suburbs of Kabul on Monday to the sections in the north of the city. Supplies are short there, as a result of an effective blockade of the war-torn districts by
        Reuter  -  54 words
      • Article
        ICI explosives plant to help Vietnam unearth mineral riches
        286 22  -  From Florence Chong in SYDNEY ICI Explosives Australia has opened a manufacturing plant in Vietnam which will help the country unlock reserves of coal, gold and other commodities. Alan King, manager of ICI Explosives' Asia-Pacific division, said the plant would produce
        286 words
      • Article
        Lock icon Chevron to be offered share in Kazakh project: report
        176 22 Knight-Ridder LONDON The American oil firm Chevron is to be offered a 25 per cent share in a Kazakh-Russian-Omani project to build an oil pipeline linking Kazakhstan's Caspian oil fields to the Russian Black Sea port of Novorossiisk, the British Broadcasting
        Knight-Ridder  -  176 words
      • Article
        Lock icon India firms up 500,000 tonnes of sugar imports
        290 22 Reuter NEW DELHI The Indian sugar industry has firmed up contracts to import up to 500,000 tonnes of sugar. Food Minister Kalpanath Rai told Parliament yesterday that the government had introduced restrictions on the sale and despatch of free sale sugar. The
        Reuter  -  290 words
      • Article
        Lock icon China may soon threaten Australia's coal markets
        184 22 AFP GOLD COAST, Australia China, the world's biggest coal producer, could soon threaten the world's most efficient coal exporter, Australia, in its key market. Kokuro Suehiro. managing director of Japan's Nippon Steel Corp, a major buyer of Australian coal, yesterday said that interest
        AFP  -  184 words
      • Article
        Oil futures prices get boost from improved demand
        168 22 Bloomberg ENERGY REPORT LONDON Oil futures prices rose yesterday on improved demand for North Sea and west African crude cargoes for prompt delivery, brokers said. Crude prices were also lifted by the expiration of the May gasoil futures contract in London, which
        168 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        157 22 DESPITE a half point cut in the German discount and Lombard rates on Wednesday night, the dollar was unable to sustain higher levels and came under selling pressure yesterday. Weakness in treasury bonds also exacerbated dollar weakness. The USS/SS market was quiet, confined to extremely
        Charts by Dow Jones Telerate  -  157 words
      • Article
        Lock icon London
        186 22 Bloomberg Business News LONDON The dollar dipped briefly against the Deutschemark and yen after the US I-abour Department reported an unexpected 0.1 per cent drop in producer prices in April, but the grccnback quickly recovered. Dollar losses were limited by a surge in demand for US bonds. The 30-year
        Bloomberg Business News  -  186 words
      • Article
        Lock icon New York
        82 22 AFP NEW YORK The dollar rose against the major currencies except the pound sterling here yesterday in moderately active trading. Around 9:35 am (1335 GMT), the dollar was traded at 1.6720 marks against 1.6690 marks on Wednesday and 104.63 yen against 104.30 yen. In London at mid-morn-ing, it
        AFP  -  82 words
      • Article, Illustration
        Untitled
        1699 22 I raJe-MfifhifJ intlex iu/i iilanxl Spare's lap 14 Hading partners. Hase year /Wis US$/S$ forward rates Noon May 12 ss Bid Offer 1-month 1.5510 1.5525 2-month 1 5505 1 5520 )-month 1 5500 1.5515 6-month 1.549) 1.5513 StHinr (X Hi Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on
        1,699 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar lower, players await Fed meeting
        1239 23 Reuter SINGAPORE Simex Eurodollar closed lower in moderate trade yesterday. Dealers said the sentiment was bearish after the poor 10-year Treasury note auction results on Wednesday. Dealers said market participants are waiting for Tuesday when the next Federal Open Market Committee meeting will take
        Reuter  -  1,239 words
      • Article
        Tin down on lack of foreign demand
        601 23 COMMODITY REPORTS Tin TIN prices closed 12 sen down at MS 14.08 a kg yesterday as higher local premiums to the London market discouraged buying from Europe, traders said. "The premium is widening every day. I think it is cheaper for European players
        601 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Russia may stop aluminium output cuts
          79 23 MOSCOW Russia has made substantial reductions in the production of primary aluminium, but the consensus among officials here is that no further output cuts may be necessary as forecasts predict rising world prices, while other world aluminium producers do not appear to be cutting
          79 words
        • Article
          Japan coffee stocks drop further
          120 23 TOKYO Japanese warehouse stocks of coffee continued to decline, totalling 67,1 IS tonnes at the end of March, down 2.9 per cent from 69,099 at the end of February, according to the Ministry of Agriculture, Forestry and Fisheries. Brazilian stocks were 13,161 tonnes, down from
          120 words
        • Article
          India coffee exports at record level
          75 23 NEW DELHI India exported a record 129,000 tonnes of coffee in fiscal 1993-94 (April-March) year, up from 114,000 tonnes a year earlier. Philipose Matthai, chairman of the Coffee Board, said international coffee prices in fiscal 1993-94 stayed firm this for the first time since
          75 words
        • Article
          Japanese oil majors up product prices
          67 23 TOKYO Japan's major oil companies announced yesterday that they will raise their wholesale oil products prices. Japan Eneray Corp and Cosmo Oil Co said they will raise tneir products prices by 800 yen per kiloliter effective May 16. Showa Shell Sekiyu K K and
          67 words
    • Article
      COMMODITY PRICES
      1444 23 Rubber Singapore Commodity Exchange (futures dosing as at 5.30pm) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sell (tonnes) Interest Jun 94 152.50 152.50 154 00 400 1075 Jul 154.50 153.50 154.00 1500 2700 Aug 153.50 153.00 153 50 400 1675 Sep 153.75 152.75 153.50
      1,444 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1334 24 +6.8 THE Australian share market regained lost ground in the afternoon to close firmer yesterday as buyers resurfaced after an intra-day bout of selling, brokers said. The All Ordinaries Index closed up 6.8 points at 2.041.4. oft" a high of 2.046.1 and a low of 2,031 T. "Some people
        1,334 words
      • Article
        Manila
        606 24 -3.1 Manila share prices edged down with buyers on the sidelines, worried about a further rise in US interest rates and the impact of a number of Philippine public share olTerings this month, analysts said. The Philippine Stock Exchange composite index fell 3.1 points, or 0.1 per cent, to
        606 words
      • Article
        Taipei
        593 24 -20.09 Late profit-taking pulled Taiwan share prices to hnish lower and brokers said the index would move around the 6,000-point psychological barrier in the near term before edging higher. The index, which rose above 6.100 points briefly in early trade, ended 20.09 points down at 6.004.38. Turnover rose to
        593 words
      • Article
        Seoul
        391 24 3.54 fhe Seoul bourse continued its rally for the seventh straight day on the back of strong investor confidence over the future, brokers said. l he stock index closed 3.54 points higher at 952.45. A total of 40.45 million shares changed hands for a turnover of 793.79 billion won.
        391 words
      • Article
        New Zealand
        294 24 29.66 The New Zealand share market defied the negative influence of falls in bourses around the world to steadily climb throughout the day. The NZSE-40 capital index closed at 2.093.50. up 29.66 points. Rises outnumbered falls by 62 to 25. and the small companies index also rose nearly
        294 words
    • WORLD STOCK MARKETS
      • Article
        London
        1099 24 7.3 UK stocks rose as an unexpected drop in US output prices sent bonds higher yesterday, countering concern that UK interest rates may rise this year. The US figures eased concerns that the US Federal Reserve will increase interest rates by as much as three quarters of a point
        1,099 words
      • Article
        Milan
        225 24 116 Italian stocks rose yesterday, lifted by expectations that Eiat SpA's results for the first quarter, which were announced just before the market closed, would show a substantial improvement and by strong results from insurance companies. The Milan market's blue-chip Mibtel Index rose 0.9 per cent or 116 points
        225 words
      • Article
        Toronto
        321 24 -5.4 Toronto stocks eased at midday yesterday in quiet trading as the market continued to shy away from taking a firm direction, traders said. Losses in precious metals and conglomerates outpaced gains in consumer products, transportation and communications. The TSE 300 composite index edged down 5.40 points to 4,162.77
        321 words
      • Article
        New York
        805 24 +26.77 Blue-chip stocks rose strongly yesterday following unexpectedly good news on inflation. The Dow Jones Industrial Average was 26.77 points higher at 3,655.81 at 1 pm liDT, rebounding from Wednesday's sell-oil of more than 27 points that was sparked by uncertainty ahead of the producer price index for
        805 words
      • Article
        Untitled
        1676 24 Britannia Funds Sterling Cash Bid Offer Mini Cap Deposit A*.6400 3*.6500 Mini Jersey iiilt 0 1*91 0 1992 Mini Mas Income 0 9600 1 0000 I S$ Cash likomcPluvluml *****0 10 5600 PS Reserve fund 5 1500 5 2600 Sterling Kquity f uii) Performance 0 4592 0 4938 Fa fast
        1,676 words
    • Article, Illustration
      Lock icon HONGKONG
      3007 25 Bloomberg Business News HONGKONG Stocks dropped as investors remained concerned about the outlook for US and Hongkong interest rates and the territory's real estate prices. Japanese investors don't have confidence in equities now because of the unclear direction of interest rates and the US dollar-Japanese yen exchange rate, said
      Bloomberg Business News; Source: Bridge Info  -  3,007 words
    • Article, Illustration
      CHINA
      563 25 THE CLSA Shanghai B index edged 1.23 points higher to 1,075.37 as turnover in B shares lingered around US$2 million for two consecutive days. Jinqiao shed another 1 per cent while Outer Gaoqiao regained 1.8 per cent. Phoenix Bicycle was down 4.4 per cent and Erfangji 1.4 per cent
      563 words
    • Article, Illustration
      Lock icon TOKYO
      2688 25 Bloomberg Business News TOKYO A rally in real estate shares on prospects for lower interest rates and news of a recovery in land transactions pushed the benchmark Nikkei average higher. Stocks were otherwise mixed as investors searched for signs of a recovery in the 1994 profit forecasts being released
      Bloomberg Business News; Source: Bridge Info  -  2,688 words
    • Article, Illustration
      Lock icon BANGKOK
      1887 25 Bloomberg Business News BANGKOK Stocks declined 0.2 per cent as fears the US Federal Reserve Board would raise interest rates kept many investors on the sidelines, analysts said. A total of 3.8 billion baht worth of shares changed hands, compared to 5.4 billion on Wednesday. "People arc waiting to
      Bloomberg Business News; Source: Bridge Info  -  1,887 words
    • Article
      CLOB INTERNATIONAL
      2642 26 MOT MitM wXum. Mulpha Intl 50c 2.952.000 lilris Hyd 50c 2,836.000 Kamunting 50c 1.699,000 FAt'B 50c 1.634.000 I'romct 1.309.000 Mulli-Purposc 1.277.000 Bcrjaya Iml 1.131.000 Gcnting Inl USS 915.000 Innovcst Bh<i 903.000 Pub Bk Foreign 811.000 Kcmayan 50c '96 000 Lien Hoc TSK97 795.000 AMDB 50c 664.000 MOST ACTIVE
      2,642 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Weaker Dow renews fears, dragging prices lower
        6020 26 Bloomberg Business News KUALA LUMPUR Stocks fell on conccrn that US interest rates will rise further, prompting foreign investors to shift money into safer fixed-rate investments at home, traders said. The benchmark Kuala Lumpur Composite Index, tracking 85 top stocks, fell 11.75 points,
        Bloomberg Business News; Source: Bridge Info  -  6,020 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7385 27 MAIN BOARD Transaction date: May 12 Gr Gc 1944 LM Vat Di) L«sl Q»ot« Dlv IM» VM Net M C»p lligh low Conipaiy Salt C000) High l.o« B«yer Sclkr C"»r P/fc Smll INDUSTRIAL AND COMMERCIAL 1350 206 I s Acma 910 cd +30 24 915 890 900 910 17.5 2.1
        7,385 words
      • Article, Illustration
        Lock icon Share prices totter as Wall St tumbles
        1857 28  -  By R Sivanithy SINGAPORE The brief rally in share prices here was halted yesterday by weakness on Wall Street and caution ahead of the release of key US economic figures. Brokers said a 27.37-point drop in the Dow Jones Industrial Average to 3,629.04
        Charts by Bridge Info; Source: Bloomberg  -  1,857 words
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      381 17 NEWS VALUE How today 's news might affect your stocks URA housing figures show large overhang this year (pg I) Not the best of news for property shares. NTUC Comfort likely to make IPO within three weeks (PK I) A familiar share that will attract retail interest. Alan Yeo vows
      381 words
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      355 19 Fly smooth as silk on 20 of these sectors and we'll fly you to any of our destinations in Thailand free! STOCKHOLM COPINHAQCN LOS ANGELES LONDON TOKYO AMSTERDAM NAOOYA ■MUSSELS OSAKA RANIS KUNMINO S •«0« L FRANKFURT BEIJING ZURICH i SHANGHAI MADRID KAOHSIUNQ ROMB GUANGZHOU ATHENS BANGKOK HONG KONG X
      355 words
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      140 20 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
      140 words
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      142 21 3rd nil gjg VENUE: DATE: official PUBLICATION: B-2 TAKASHIMAYA SQUARE 13-15 MAY 94 IHIMII'IITII NGEE ANN CITY, ORCHARD RD TIME: N||||U|'||I H SINGAPORE 11 am 9 pm If"! A participation of a reliable and distinctive group of Developers and Real Estate Agents. o AIKBEE TIMBERS SDN BHD o ASIA PACIFIC
      142 words
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      Page 21 Advertisements Column 2
      179 21 wSS M m ■■I > H gßßaßwga^M 4H a B S Ifli US j/jJJ' IBs I I j Jr f i **7_l f How often have you felt the constraints from Datamini and the latest plotters from of a CAD system that is simply too slow, Hewlett Packard. too limited?
      179 words
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      324 22 NOTICEj In th« matter of THE COMPANIES ACT, CHAPTER 50 and In the matter of INTAGINA TRADING PTE LTO (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of Intagina Trading Pie Ltd duly convened and held at 7500 A Beach Road, #16-307/312. The Plaza, Singaporeo7l 9on 6
      324 words
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      537 23 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 FORM 69(4) NOTICE OF DIVIDEND Name of Company Lai Seng Ready-Mix Re Ltd (In Liquidation) Address of registered office 95 South Bridge Road #09-00 Pidemco Centre Singapore 0105 Court Supreme Court, Singapore Number of Matter Companies Winding up No. 136 of 1987 Amount
      537 words
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      Page 23 Advertisements Column 2
      35 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. offers lb the most ■F current |h list o/ job Bf opportunities Br available, ill
      35 words
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      146 25 BRING NEW LIFE TO VOUR HAIR BP Facing hair problems like balding, thinning hair, damaged hair and prematurely ■t greying hair? Don't despair, turn to Hay's for an all-natural, effective treatment to all Wjßk these problems. Hay's Formula adopts a holistic approach that combines a secret herbal formulation with professional
      146 words
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      74 27 Nitsuko Double Your Share Quality Keyphone Systems and EPABX of Dividends Increase your market connections with the latent Keyphone Systems trc >m Get instantaneous connection to your brokers by simply hitting, 1 pre-programmed number Where efficiency makes the only difference. you can't go wrong with Nitsuko Don t hesitate the
      74 words
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      262 28 THE COMPANIES ACT, CAP. 50 COSMETASU CONSULTING PTE LTD (In voluntary Liquidation) At an Extraordinary General Meeting of the Company held at 3018 Orchard Road Tower B #15-00 Ngee Ann City Singapore 0023 on 13 May 1904 the foNowfng special resolutions were passed:I) that the Company be wound up voluntarily
      262 words
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      Page 28 Advertisements Column 2
      274 28 IN THE MATTER OF CROWN PACIFIC DEVELOPMENT PTE LTD (la Vataattry Liquidation) IN THE MATTER OF THE COMPANIES ACT, CAP SO NOTICE IS HEREBY GIVEN that ia pursusnt to Section 308 of the Companies Act, Cap. 50 the FINAL GENERAL MEETINO of the Members of the abovenamed Company will be
      274 words
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      Page 28 Advertisements Column 3
      278 28 INTRACO LIMITED (Incorporated in the Republic ot Singapore) LOST SHARE CERTIFICATES Applications have been made to the Directors ot the abovenamed company to issue duplicate certificates in place ot the following certificates which have been reported lost or destroyed N«. o! Sham Certificate No*. Name at $I.M each *****86H SooK«weSwee
      278 words
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      Page 28 Advertisements Column 4
      806 28 BUSINESS TIM jL_S TOLL-FREE TEL. No. 1-SOO-741-1883 FAX.74I-1298 UNITED INDUSTRIAL CORPORATION LTD (incorporated m the Republic of Singapore) LOST SHARE CERTIFICATES Applications nave been made to the Directors at the abovenamed company to issue duplicate certificates in place of the following certificates which have been reported lost or destroyed No.
      806 words
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      Page 28 Advertisements Column 5
      404 28 IN THE MATTER Of THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF Voko Franz Vogt Office Furniture S.E.A. Pte Ltd (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting ol the members of the abovenamed Company duly convened and held at Am PlaMg r aben
      404 words
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      Page 28 Advertisements Column 6
      354 28 FORM 86 (Rut* 112) NOTICE OF MEETING (GENERAL FORM) IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding-Up no. 75 of 1992 In the Matter of the Companies Act, Cap. SO And In the Matter of Hytech Marine Pte Ltd (In Compulsory Liquidation) Take notice that a meeting
      354 words
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  • Shipping Times
    • Article
      Manila approves 628 m peso IPO for Negros Navigation
      367 29  -  By Alec Almazan SINGAPORE Negros Navigation Company has obtained government approval to raise 628.71 million pesos (Ss37 million) through an initial public offering, making it the first Philippine shipping line to go public. Philippine Securities and Exchange Commission director Eugenio Reyes
      367 words
    • Article
      Lock icon NZ open-coasts plan set to rock boats on cabotage trade
      455 29 AFP WELLINGTON New Zealand's coastal shipping industry is flying storm warnings as a radical plan to allow foreigners into the trade generates rough seas. One of 44 nations with cabotage laws regulating transport within a single country. New Zealand is
      AFP  -  455 words
    • Article
      Lock icon US Coast Guard targets ships of 15 nations
      121 29 Knight-Ridder WASHINGTON The Coast Guard has decided to target the ships from 15 nations for increased safety inspections when they are in US waters. The Coast Guard on Wednesday said the move is part of an effort to eliminate substandard foreign-flag ships
      Knight-Ridder  -  121 words
    • Article
      Lock icon Oil pollutes Vietnamese river after collision
      168 29 Reuter HANOI A 200-tonne oil slick causcd when two ships collided on the Long Tau river near Ho Chi Minh City has killed fish and other wildlife, Vietnamese officials said on Wednesday. Three Vietnamese sailors were injured in the collision last Sunday, the official
      Reuter  -  168 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1091 29 Page Col ABC Containcrlinc 18 4 Accord Group 10 1-3 Ahrcnkicl Liner 6 1/2 AOEShpg 17 4/5 ANL 5 1/2 Antaco Mgmt 19 1/2 APL 7 3-5 Appenship 10 4/5 Arabian Express 17 3 ASCL 7 5 Assist Marine 8 I Avant Shpg
      1,091 words
    • Article
      Cosco ship, Japanese tanker collide off Kusu
      248 29  -  By Dexter Lee SINGAPORE A Cosco general cargo carrier collided with a Japanese-owned tanker on Tuesday afternoon off Kusu Island but there were no casualties nor an oil spill. The collision follows a similar mishap on Monday involving a Malaysian oil tanker and
      248 words
    • Article
      Timecharter activity increases strongly
      251 29 NEW YORK A large volume of timeeharter business burst on the worldwide ship market with ships ranging from 18.000 dwt up to the Capesize carriers finding employment on straight out trips, round trip voyages and extended periods. The Panamax-type vessel of about 60.000-75.000 dwt continues to
      251 words
    • Article, Illustration
      Lock icon HK to spend HK$ 926m to clean up harbour
      179 29 Reuter HONGKONG Hongkong's name might mean fragrant harbour in Chinese, but the government is having to spend HKS926 million (*****.4 million) on a harbour clean-up because it is anything but aromatic. Raw sewage finds its way through storm water drains into
      Reuter  -  179 words
    • Article, Illustration
      PAL's new focus: cutting costs
      1046 31  -  Soon after a new management was installed at Philippine Airlines in March, a cost-cutting programme was launched to turn the loss-incurring carrier around, reports Alec Almazan Alec Almazan Following a senior management shakeup, ailing Philippine Airlines (PAL) is now undergoing a major restructuring effort to
      1,046 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        628 32 V«sd Voy Wo Berth Arrival Departure Vessel Voy Wo Berlh Arrival Departs JurOllg Port Ummeedi 23A P088 alongside 12 OS/1400 Aiktis Dawn 390 40A J/ alongside 1305/2300 Y Nona 005 TOIA alongsde 1305, 2300 Buffalo Eipress 134 J8/9 *ngside 1305/0200 Asian Ventur 0l£ P03 1205 1500 1305/2300
        628 words
      • Article
        CONTAINER SCHEDULES
        1909 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance RsJts Ship Voy No Etb/Btr Period From To From Ac. Das. 052A 14/1500 2* 12/1/00 13/0659 13/0900 3 13/0/00 13/1159 13/1400 4 13/1200 13/1459 13/1/00 0496 *****00 W 12 1500
        1,909 words
    • Article
      THE SHIPPING GUIDE
      14898 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination. j the name of the ship, the shipping i line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEM) PN: ship calls at
      14,898 words
    • Article, Illustration
      Lock icon Higher fees, but better value
      825 48 High costs in Hongkong are squeezing the competitive fee-based shipmanagement business. But many managers use the fact as an example of how far they have come up the value-added scale Lloyd's List Maritime Asia Hongkong is now far from the friendly and relatively cheap haven
      Lloyd's List Maritime Asia  -  825 words
    • Article
      DAILY FREIGHTS
      1636 48 Activity was slow on the freight market with the Ascension Day holiday in some European centers contributing to sluggish trading, but rates were essentially steady, brokers said. The Baltic Freight Index for spot dry cargo shipping rates rose to 1,477 on Wednesday from 1,465 on May 10, with
      1,636 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        TNT tips big rise in Philippine express delivery business
        514 50  -  By Alec Almazan SINGAPORE International express carrier TNT Express Worldwide Phils Inc expects to increase its business volume by 50 per cent in order to gain 12 per cent of the air express delivery market in the Philippines. "The potential for
        514 words
      • Article, Illustration
        Lock icon Malaysian car to be launched earlier
        422 50 Bernama KUALA LUMPUR The second national car Kancil is expected to be on sale about two weeks earlier than the original target date of September this year, its manufacturer announced on Wednesday. Ho Tet Kheong, director of Perodua Manufacturing Sdn Bhd, said production of
        Bernama  -  422 words
      • Article
        Lock icon Japanese airline to hire crew by the hour
        245 50 AP TOKYO Japan Asia Airways (JAA) said on Wednesday it will hire new flight attendants on an hourly wage basis to help reduce operating costs to cope with Japan's recession. The airline plans to pay 1,300 yen (S$ 19.50) an hour for
        AP  -  245 words
      • Article
        Lock icon CAL offers compensation for Taiwanese crash victims
        183 50 AP TAIPEI China Airlines on Wednesday offered at least NT53.42 million (S$ 199,386) in compensation for each Taiwanese killed in a plane crash in central Japan last month. A CAL A3OO-600R Airbus carrying 271 people crashed in a failed landing attempt at Nagoya
        AP  -  183 words
      • Article
        Lock icon Failed US airlines lining up for another takeoff
        367 50 NYT NEW YORK Old airlines never die. Nor do they fade away. In recent months, companies that own the rights to three familiar names in aviation Eastern. Pan Am and Frontier have signalled interest in restarting scheduled services. Another once-ground-ed carrier, Midway
        NYT  -  367 words
      • Article
        Lock icon MAS to offer 2 packages
        149 50 Bernama KUALA LUMPUR Malaysia Airlines (MAS) will launch two attractive travel packages which will give its passengers the speed and comfort of air travel as well as greater mobility at their destination. The Fly-Drive and Fly-Rail packages would offer various discounts, special rates and privileges.
        Bernama  -  149 words
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        Lock icon French try to delay opening of Orly routes to BA, Air UK
        426 50 FT PARIS The French government on Wednesday set the stage for a clash with foreign airlines after declaring that flights from London to Orly airport in Paris could not start next Monday, the date set by British Airways
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          Lock icon Brazilian strike may hit ports today
          80 50 Knight-Ridder BRASILIA Brazilian federal revenue officers began a six-day strike yesterday, and while their action was having little initial impact at most ports, delays could begin today or tomorrow, sources at key ports said. At Santos, Brazil's largest port, a spokeswoman said: "Shippers managed
          Knight-Ridder  -  80 words
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          Lock icon Intertanko admits new members
          57 50 Knight-Ridder WASHINGTON Eight companies controlling vessels totalling about 4 million deadweight tons were admitted as members at the International Association of Independent Tanker Owner's annuat general meeting here. The recent loss of a few prominent members, including AP Moller, resulted in a loss of about 2.5
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          Lock icon Socal gas to supply LA airport
          69 50 Knight-Rid-der LOS ANGELES Southern California Gas Co has won a competitive bid to supply a liquefied natural gas fuelling facility at Los Angeles International Airport the first such facility in the state, the company announced. From June the facility will not convert gas to
          Knight-Ridder  -  69 words
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          Lock icon Airport bonds crash after delays
          91 50 AFP DENVER Debt ratings for the city's new airport have hit "junk bond" level due to delayed openings and mechanical problems Standard and Poor's Ratings said on Wednesday. Standard and Poor's Corp. a New York ratings firm, said US$2.7 billion of outstanding bonds for the
          AFP  -  91 words
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          Lock icon Alitalia shares soar
          56 50 Reuter MILAN Shares in state airline Alitalia soared by more than 60 per cent on Wednesday to 1,300 lire (551.26). wiping out Tuesday's 40 per cent loss, as investors climbed back on board amid hopes a restructuring plan will improve prospects. "You could say yesterday's fall was
          Reuter  -  56 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1409 50 City t*M ETA fHM ETO_ Oft nm CM ngt n»_ Abu Dhabi GA976 0010 EK78 2125 SQ418 1300 GA928 2140 SO560 2150 GA970 2155 B|95 2245 QF81 1925 QTO 2055 *«*<- W* <*« §J» RL837 .450 GA976 5oTo 2jf SQ323 1730 KL838 2300 fuimofca SQ989 1705
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      23 29 «SHIP LASHING MATERIALS SPECIALIST I MINTERMARINE SUPPLY CO. (PTE) UD N0.7, Bukit Batok Street 22, Singapore 2365. Tel: 563 3468 Fax: 563 6811
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      Page 29 Advertisements Column 2
      33 29 Philippine Airlines focuses on cutting costs, Page 3 Lines and services represented Members ef the Registry et Accredited (|ir©m* Shipping Agents, Singapore National SMp- wjj For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 29 Advertisements Column 3
      149 29 toe FAMOUS Aon to ftmoii "b Atm msjm> ■EBB! M 4 1833 I For more information please refer to Pg. 13 Hongkong's shipmanagement business, Pg 18 •TNT eyes Philippines, Back page Success *r iOn our 3rd Anniversary, we take this opportunity to thank our clients and business associates for contributing
      149 words
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      381 30 The name to remember when looking far a better choice of A l«- 7 CORPORATE GIFTS NgWSHfP /~N==/ :f: General Agent for: a. <ir DSH SENATOR NIXON LOGISTICS (S) PTE LTD lS» Round the worid container services TW-A4 Jalan Buroh Warehouse Complex NEWSHIP AGENCIES PTE LTD 30 jurong Port Singapore
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      430 32 TSKUNE AGENCIES (S) PTE. LTD. rI 1 WZ -W 1 Te<: 226-3363 JL JY« ULNJb Fax: 226-1972/3 i Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I I EXPORTS TO HONGKONG. Ml »IWAN ft )APAN "TWICE WEEKLY" I www not n» K» «t| I ■HI 11*0 «g WWI
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      Page 32 Advertisements Column 2
      1517 32 MISCT TO UIA WSAT COA«T IIC«-IWM CAUPOHHIA EXPMM) I T<> MtMTfMIAmAH (FyU. <?WTAf#A Wl™*), «on store I u> ok tat sea Httßiort cwc m mlucq vejjei wwo stok oametti phaew btmw alexaium* iam- rr sa*t kwit- lattaiua- wnn lm CALIFORNIA SATURN V 65 18 19 51 46 66 86 96
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      2360 33 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AQEWCIC>_»«)H. BMP. JEL' *****13 FAX *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 H DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL. *****4 FAX. *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 IPOH TEL^ 54 7 °3 4 f' 3 <• s
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      1963 33 ■□liV.HiHH'L'a WEEKLY TO MEXICO CITY IN JUST 23 DAYS MAJESTIC MAERSK V.9406 ETA SIN 17TH MAY 1994 Vessel Voy ETA ETO feeder (Xl by destinations TNs weefc MAJESTIC MAERSK V 9406 17/05 0600 MRS OS 16/05 2369 MRS JOH LPK PEN OAK LGB SFO MEM ATL MIA CMS BAL PML
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      1547 34 IT AQABA R OAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEOOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA DRESDEN EXPRESS 16/316 14/5 23/5 30/5 1/6 4/6 6/6 8/6 p oft Kelang. Pefianq KIRISHIMA 04/119 18/5 lt£ Paslr Gudan^ LUOWIGSHAFEN EXPRESS 13/319 21/5 30/5 6/6
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      Page 34 Advertisements Column 2
      591 34 s»mm AFGHANISTAN MM Afghanistan Ltd., Hairatan, Torghundi, islamqala (Doqharun) C.1.5./RUSSIA: Voatochny, Vladivostok, Moacow, Baku, Tashkent, Irkutsk, Alma Ala, Aahgabad, Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN OKR Bunga Pelangi V.2144 18/5 20/6 Ned Asia V.2154
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      Page 34 Advertisements Column 3
      1473 34 NORASIA I; I" VSL/VOY SIN ALG BCL VAL HAM BRE ROT ANT FELLHA -b > NORASIA SAMANTHA 9419.3 18/05 08/06 11/06 12/06 13/06 14/06 15/06 16/06 17/06 17/06 I 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 SMGA 9421 3 01/06 22/06 25/06
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      1735 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 I lalrilMM new guinea pacific line (A SERVICE 0F CHINA NAVIGATION CO) CARGO OUt SM.S LUMMf A*AN ttmurc Wit KX. Skm. law In Pari 13 Mar FCL. LCL CONTAINER ANO BREAKOULK SERVICE
      1,735 words
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      Page 35 Advertisements Column 2
      3261 35 SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd A iml W jlll lLq.l Ilyl 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 K' Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 fr **"3r\ CR Number **********0Z T"f?, R .I VESSEL vor 'MQ •MO SM SOU ANT
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      504 36 i|A EKA JAYA AGENCIES Vlir TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE HQ CHI MINH CITY PAQCR~ IHANWHOHE/PWECT HCNWY HOC mass 7vna/n*w KELVIN CHAW *****23 BHBMMM MAWOJ iimms TMM732 TO VIETNAM/HCMC CONTAINER-FEEDER SERVICE CENTER-POINT (r mk lines ttsgl HOT tT> Stent WY tw HCMC ML—B 2111 Uti
      504 words
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      Page 36 Advertisements Column 2
      1860 36 I HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDRKI SSTILI«E HAUI S£A TVS TO* FOU Wl S* lUK HAUL SA¥ lIM NYC HANJM ROTTERDAM 026E In Pt DKECT 2/6 3/6 4/6 HANUN ROTTEROAM 026E 13,5 M AMERICA 0151 16/6 17/6 19/6 EUROPEAN SENATOR
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      Page 36 Advertisements Column 3
      1399 36 AU d-1 r|" IHTTK Im scr use we me pus m\ a* hu m m iu qb w kyc imv um mm tw mc p» cm m l OWIIKOW W/S 21/5 l/i iJt 5/t 1/i 17/t M/( 2/7 l/l 13/7 l«/ 7 IS/7 U/7 17/7 27/7 14/1 12/1 fl I
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      2100 37 yd II sex: 'CALIFORNIA SATURN 65E' eta sgp 18/05/94 H fl Ww II ARRIVING LOS ANGELES 04/06/94 IN 16 DAYS HI K II AEX Neptune adventure 03E' eta sgp 18/05/94 II H II ARRIVING NEW YORK 11/06/94 IN 23 DAYS HI canaoa vor 44e LOS oak van set in (to
      2,100 words
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      Page 37 Advertisements Column 2
      1140 37 A MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****75/697
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      1498 38 AS AGENTS: "K" UNI (SINGAPORE) PTE LTD (C* NO: **********0M/GST REG NO: M 2 *****99-6) I TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I V MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHO j U 4 TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUTINTERNUSA,
      1,498 words
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      Page 38 Advertisements Column 2
      1223 38 @APPENSHIP HAMBURG vTv> CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOAOMG PORTS OtSCHMGE/LOMNNG FOR PAKHOM MAKARENKO HAM 10/04 SPORE 21/05 ECUADOR HAM 27/04 SPORE 16/06 TBN ANTW 20/05 SPORE 04/07 KOALA CONTAINER LINE SPORE FIX HAM RTM LEH CS AUSTRALIA 4605 16/05 10/06
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      985 39 0. PACIFIC INTERNATIONAL LINES (PTE) LTD ~"T~-1 JyJ 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I Ln| M MfliV CR NO **********06 I VCMI «N BKK SM fe -i KOTA BABAS SB2ON 15/5 «/f 22/5 *JJAPAMIT 4291 15/5 18/5 |K. BUANA (BMT/LCH) BUOIN 17/5 20/5 24/5 |UNGA TERATAI 4703
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      908 39 VCSSUS *0T SM IE HHK lIMMt THAMES ROTTERDAM ANTMRP WLU O AQUIA AO3W 20/05 11/06 13/Ot 14/0« 15/Ot 17/OA Will Q-HTDHA HO3W 25/05 lt/M l«/0t H/Ot 20/W 22/ M Mil K LYRA YO3W 30/05 21/06 23/06 24/06 2V06 27/06 W.LE 0C VEGA GO3W 30/00 02/07 03/07 04/07 00/07 •AISO ACCEPTMG
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      824 39 MYANMA FiVE STAR LINE (Myanmar National Line) Loading for Yanfon (Rangoon) Sport P.KIg Pen P.Gdg MERGUI VI23W In Port PAGAN V2O9W In Port myoimywr viww 16/16 Mj t V? 0?« 16 11 Mjy MALAYSIA AGENTS BOUSTEAO MPPWG AGENCSS «1* Til »3 *****00 PIU TCI 0) *****67 PEN: TEL 04 *****5
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      3060 42 SINGAPONES GENUAL AGENTS MALAYSIA'S AGENTS I I I COST AM SHIPPING PTE LTO CtH| CMk S%«w MIM FIIDfiDF FYPDITCC wyuvvy 2 MMrl Roml, NMC Bldg *15-00 Singtpore 0207 lUm Em* P*i KtUnt 369 9100 CVfIVrC liVirilfcyJ Cff NO: U*****000M UCK NO: CCSU Kuli L»mp*r 03 241 4616 T A TXTrn
      3,060 words
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      Page 42 Advertisements Column 2
      171 42 fcNORBULKV \Ui6cJ|r=» norbulk cargo services ltd. I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES ADAMASTOS 14/5 SaM FIU/ANT/NMI/UK I PK LOADING FOR I NORBULK TBN 15/6 D6N/CPT/EI I ALSO LOADS T6 MANI ANO KK I PK SWK/SABAH LOADING FOR NORBULK PWE 18/5 HONGKONG/HUANGPU SUBJECT TO CHANGE WITH/WITHOUT PRIOR NOTICE
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      Page 43 Advertisements Column 1
      639 43 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 15/5 ROTTERDAM 16/5 AARHUS/COPENHAGEN 15/5 HAMBURG/BREMEN 16/5 MARSEILLE/FRANCE 17/5 FELIXSTOWE/UK 16/5 BARCELONA/SPAIN 15/5 LEHAVRE/FRANCE 16/5 GENOA/ITALY 16/5 ANTWERP/BELGIUM 16/5 LOS ANGELES/WC/IPI 15/5 SYDWEY/MELBOWNE 14/4 NEW YORK/EC 15/5 FREMANTIE/ADELAIDE 17/5 VANCOUVER 20/5 BRISBANE
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      1690 43 r^—l| VESSEL VOY SIN JKT fj y E SSEL VOY SIN PEW B& |j ISWA BHUM m Frt twWt Ty 17/S p BUNQA SEROJA 4077 Frt In Pt Srt 14/«" Wfl I VESSEL VOY SIN SKK 1 I BHATWA BHUM 2SS Srt 14/S Ty 17/S_ KOTA SUWIA SWISH Sun IS/5
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      1608 44 HKG/TWN/BKK GENOA/EUROPE i *f€N PKI SIN 5 SAILINGS/WEEK PEN PK SIN ;i5/5 16/5 17/5 Hong Kong Genoa/Barcelona 23/5 24/5 25/5 I *17/5 18/5 19/5 Hoot Kong Ldn/Fta/Rdm/Ant/Lhv/Ham 21/5 22/5 23/5 120/5 21/5 22/5 Hong Kong G'burg/Chagen/S'hokn/Oslo 15/5 16/5 17/5 r Piraeus 13/5 14/5 15/5 J 5/5 16/5 17/5 Keelung 'l
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      209 44 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD tit (lit ih sras rail kuaik pinaac am jAi* 2S/S Loading to» Ma* RUVM MJDHU 11/ i Discharging and Loading lof Bombay OOIPHN 21 IS loading Fot Male nocii sum* m pi Loading lot Matt UMMIOH Sailed loading fot Male PWOGMSS
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      1115 44 f O THONG SOON UNES PTE LTD ll 1 /\V\ 7S SHENTON WAY #10-01, SINGAPORE 0207 I I Vy \7 TEL: 227-5088 FAX: 227-6011 I I N V_ TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I 4 ***** ccmtmmr J SINGAPORE TO SARAWAK VESSEL VOY SPORE DEST VESSEL
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      616 45 WgV'EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEFTK MEMBUU/SOC CMfiOCS TO/FKOM KOK. TOKOHMM. NAGOTA. MO*. TOKYO*, MAMA*. DA*AO* Pmaif* P. Ke(an| S*n(apore E'Msia* KARA«EVER£TT VI7E 28/28 May IVYEVERETT V9E 16/17 kr 18/19 Jun KAMALEVERETT V2IE 30 Jun/OIM 02/03 Jul ACCfPTMG MEMBUU/FCI/SOC CMGOCS TO/FROM CHTTAGONG, CALCUTTA AMD MONO.A*. Siniaport P. Kilanj*
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      233 45 181 610RY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* CR NO: **********0W SP PKL PNG KAO GLORY SELATAN X 24/5 1/6 7/6 16/6 GLORY SELATAN VIII 18/5 20/5 26/5 SP PKL HCM HK KAO GLORY SELATAN VI 15/5 ACCEPTING HEAVY
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      517 45 taw EGYPTIAN NAVIGATION \P COMPANY ALEXANDRIA (EGYPTIAN GOVERNMENT LINE) iAIT MUMMED SIA COHVtHTIOHAt StfMCi KSSfI/VOY VOK 10MM f<* PAt»K TAMOS 15/5 n SUU/PI SAC Mil M.SO ACCEPT EAST HUHMMM POAIS ON MUCfNEIIT W PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VOT SIN ""TAMCHT""* MAKRAN 147-HW 13/05 23/05 HYDERABAD
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      623 45 liiUH^lMMllfiH| FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS SHUN HC/103 26/ OS 09/08 10/06 12/06 27/06 TAO HI/84 11/oe 24/08 25/0® 27/08 12/07 JIAN HE/84 26/06 09/07 10/07 12/07 27/07 HUIHE/106 11/07 25/07 26/07 28/07 12/08 Yl HE/100 28/07 09/08 10/08
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      Page 45 Advertisements Column 5
      385 45 > SIN FAR EAST 17/05 KEELUNG/KAOHSIUNG > 15/05 BANGKOK 15/05 MANILA/CEBU Z 15/05 JAKARTA/BELAWAN/SURABAYA 15/05 PORT KELANG/PENANG/E. MALAYSIA > 15/05 BUSAN 15/05 TOKYO/YOKO/KOBE/NGO/OSA 115/05 HONG KONG SjN CHINA (*ffl#±»fcn) 15/05 GUANGZHOU/HUANGPU/SHENZHEN 1« FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU 2 also accepting LCI cargo SIN EUROPE/UK S 17/05 LDN/FLX/LVP/SOU 17/05 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN 1also accepting cargo
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      825 46 PHI LI-on If NT UN€5 PTi LTD V 108 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 P. Kelang: 03-*****98 Penang: 04-*****6 (CR CODE: **********0H^ wsfik (373 fjf A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 19 MAY SYDNEY.
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      314 46 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 18 MAY (Accepting lo all New Zealand porta) PENANG 20 MAY JAKARTA IS MAY PORT KLANG 19 MAY BANGKOK 19 MAY MANILA 19 MAY MELBOURNE 19 MAY SYDNEY 19 MAY BRISBANE 29 MAY ADELAIDE 17 MAY FREMANTLE 22 MAY I 'ACCEPTING TO
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      345 46 Next Week's Sailings 7 TTTi II 7 MRS I KORWARDKK IN 1 <>•' E 11) ASIA AW AKDKD Singapore Singapore ISO 9002 BY I.RQA EVERY EVERY Bangkok SUN Jakarta SUN (2^ EVERY EVERY Manila SUN 110 Chi Minh ERI f; |P| q]| yy EVERY EVERY V'^V-vLbbJ Colombo TUE I.imassol THU'R
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      1458 47 IfSEAMAIUtRGENTIN/UlN^Sg^ I CONTAINERISED "HUB" SERVICE I I DIRECT TO ARGENTINA/BRAZIL URUGUAY V I WESTBOUND g»«l POWTg Vl* BUINOB «IR<B VIA SANTOS I VISKIS VOY S'POfW •.AIMS SANTOS I USMUAIA M'VIDfO ASUNCION R.OC JANtIRO PARANAfIUA GREAT UNIVERSE W1 17/05 15/06 19/06 17/06 18/06 22/06 23/06 FRANCISCA SCHULTE W1 07/06 07/07 11/07
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      366 47 CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAIN tllStD SKRVK'L TO IK AND NORTH CONTINENTAL PORTS *na lwT|at|oo[ia[HMilim|MMlwi wa»s» m. mm mi: 3 n/w u/os M*kM SAMAHTH* MH-3 11/W H/M Witt PXjULA *03W_ JJJ3; H/OS Jt/01 J2/0« JJJJ 14/Ot HOt ptw ism JL« iIJL NOtm* SUSAM MM-3 2VM 10/04
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      518 47 rrCONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.37 POUTS VOY BUENOS AlftCS MONTEVIOEO OURS AN JAKARTA NAOOYA VESSELS PETROOVORtTS EBII BAHCP SAILED 11/08 24 30/08 05/04 o*l3/0* IS IS OS PRMZERSK EBI2 30/04 10/08 SAILED 23/08 O* OS/OS IS/OS 23 28/Q* DEKABRIST EBl3 30/08-08/08 02/08 21/08 03 08/07 07/07 12/07 1818/07
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      476 48 VESSEL VOYAGE SINGAPORE ...M ANILA VIGOUR PACIFIC 9419N 13/05 (FRI) 18/05 (WED) PERMOVAISK 9401N 17/05 (TUE) 21/05 (SAT) SAUWJKEKL* LANKA MAHAPOIA 9401N 20/05 (FRI) 25/05 (WED) VIGOUR PACIFIC 9420N 24/05 (TUE) 28/05 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE GENERAL SANTOS DAVAO CEBU V. KRUCHtNA 9419E 13/05 (FRI)
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      680 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 230tf JR 3.1 3.0 2.7 2.1 1.5 1.0 0.6 0.5 0.5 0.7 1.2 1.8 2.2 2.4 2.4 2.2 1.7 1.3 1.0
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      922 49 I HYUNDAI MERCHANT MABINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 I] MM* PKE* PGD* VESSELS VOY SIN RTM ANT* LEH* HAM BREj FEL 11/05 13/05 14/05 SI MARINER 310W 16/05 03/06 04/06 06/06 04/06 04/06 07/06 is/05 20/05 21/05 H. INNOVATOR 309* 23/05 10/06 11/06 13/06 11/06 11/06 14/06
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      476 49 igga l STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS vessel v 5? 3 h k»c aa RM2AI MARK II SM hi ft MAKE SKY Vl* Zt/S U S 2/1 4/1 TANIUK EMAS Vl3 SM COSMIC CMALLEHCU 113 13 6 IS/I OUTBOUND VESSELS LOADING FOR StNBOKO/TOKYO COSMIC
      476 words
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