The Business Times, 18 May 1994

Microfilm: NL19381
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Wednesday May 18 1994 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon GAO says exports could have gone to N-arms
      43 1 Reuter WASHINGTON The US government had approved more than 1,500 export licences for equipment and materials to users in nations suspected of involvement in nuclear weapons development since 1988, the General Accounting Office said yesterday.
      Reuter  -  43 words
    • Article
      Lock icon EU abandons plans for new rules
      32 1 Reuter BRUSSELS The European Union yesterday bowed to German, British and Dutch pressure and abandoned plans for new regulations on long-distance selling of financial services. Reuter
      Reuter  -  32 words
  • Article
    MARKET SUMMARY
    162 1 Stock market indices Tuesday Change STII 2304.49 +14.08 KLSEComp 991.96 -5.88 Nikkei 20,067.41 -121.03 Hang Seng 9,044.70 -208.71 SET Index 1,302.85 +12.01 Jakarta Comp 471.774 +3.91 CLSA China B 978.71 +9.46 Aust All Ord 2,096.0 -14.9 FTSE 100 3,123.5 +9.2 Tuesday Previous 2pm close Dow Jones 3683.78 3,671.5
    162 words
  • Article, Illustration
    Asia's rise is an opportunity, not a threat, PM Goh tells West
    634 1  -  By Yang Razali Kassim SINGAPORE The West should ride on Asia's growth and seize the challenge of integrating the region's giant new producers into the world market. Prime Minister Goh Chok Tong said yesterday. If Western nations do
    634 words
  • Article, Illustration
    Lock icon Alan Yeo petitions court to dissolve YHS Holdings
    691 1  -  Injunction sought against changes to YHS board until petition is heard By Joyce Quek SINGAPORE In a bold new offensive against rival relatives seeking his ouster, the embattled Yeo Hiap Seng chairman, Alan Yeo, yesterday filed a court petition to dissolve the
    Photo by Christopher Loh  -  691 words
  • Article
    M$3.5b investment to turn Binariang into telecom giant
    493 1  -  From Ho Kay Tat in KUALA LUMPUR BINARIANG Sdn Bhd will invest M 53.5 billion (Ss2 billion) between now and 1998 to become Malaysia's all-encom-passing telecommunications giant with interests in satellite broadcasting and telephone networks. Binariang will spend MS I billion to
    493 words
  • Article
    Lock icon Fed keeps markets on edge as it meets on rates
    531 1 Bloomberg Business News WASHING lON The US Federal Reserve kept markets on tenterhooks yesterday as its poliey-making Open Market Committee met to decide on US monetary policy. The Fed began meeting at 9am EDT (9pm Singapore time, last night) but
    Bloomberg Business News  -  531 words
  • Article
    US blue chips mixed
    80 1 NKW YORK Blue-chip stocks were mixed at midday >esterday in nervous trading as investors awaited an expected interest rate hike by the Federal Reserve. In the broader market, decliners outpaced gainers 5-4 at I pm EDI' on light New York Stock Exchange volume of 150 million
    80 words
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      219 1 i//f^MSSONI) Cf THE MEN S FASHION CONTENTS N«ws Companies S'pore News 2 S'potfrM so .17.18,20 Reponal News 3,4,5 Financial 21.22 World News 6.7 Features Markets Analysis 15 Clob/KLSt. SES 26-28 Editorial 14 Regional 24 Sports 9 World 25 TV/Ljfestyte 11 Currencies .22 World Focus 8 Simex/Commo ...22.23 Subscription Tel Fax
      219 words
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      16 1 Regional Analysis: Pg 12 Australia's Asia policy HBM Print's share offer subscribed 18.6 times, Pg 17
      16 words
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      22 1 Hock Lock Siew: pg n A/ YHS, shareholders hurt by impasse //ot A Lock Siew: Impasse hurting VIIS and shareholders, Pg 17
      22 words
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      Page 1 Advertisements Column 4
      25 1 Line: Pg 16 New economic global order needed i .ja** 1151 P 1 Lp r| I -^pp PLAZA Hcxtel Hrai h Rudil I)7M Trl £MMIH
      25 words
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      31 1 M*OC M ITALY MELWANI ißfcfl 1 THE MEhrs FASH,ON fIST O R 6 By Growing Asia will hunger for consumer goods, Pg 16 A sudden about-face on the dollar, Pg 15
      31 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Concern over impact of volatile growth
        413 2  -  By Anna Teo I UK FIRST-QUARTER economic report, with rather strong figures in several areas. sprang more than a few surprises and raised as many questions. Better-than-expected 11 per cent overall growth was the major, but by no means the only, surprise. Economists found
        Source: Dept of Statistics  -  413 words
    • Article, Illustration
      Residential property: prices up 9.3pc, volume down 13.6pc
      676 2  -  By Abdul Hadhi PRICES of residential properties rose a further 9.3 per cent in the first quarter of this year, although the volume of transactions was lower than the previous quarter, which was itself a traditionally slow period because of the festive
      676 words
    • Article
      Asean urges ILO to stop West linking labour with trade
      218 2 THE International Labour Organisation should stop any moves to tie labour standards to global trade, Asean labour ministers said yesterday. In a joint communique, they expressed "grave concern" that some developed countries and international trade secretariats (I ISs) had tried
      218 words
    • Article
      China vice-premier arrives today
      82 2 CHINESE vice-premier Li arrives in Singapore today to co-chair the inaugural meeting of the China-Singa-porc Joint Steering Council for the development of the Su/hou Industrial Township project on Friday. Tomorrow, Mr Li will speak at the Asia Society conference on "Waves of the Future" on the
      82 words
    • Article, Illustration
      Lock icon Keppel gets Vietnam oil and gas invite
      232 2 KFPPFL Corp looks set to pour more money into Vietnam, where it is already said to be Singapore's biggest investor. The latest target will be the oil and gas industry. The group was yesterday invited to get into the exploration sector by Prime
      Picture by Chris Loh  -  232 words
    • Article
      Soon — law to ban smoking in factories, air-con private offices
      266 2 Soon law to ban smoking in factories, air-con private offices I HI: government w ill soon introduce a law to ban smoking in air-conditioned private offices and oil factory floors. Ihe move was announced last night hv the Minister for Health and for Information and the Arts. BCi George Yeo.
      266 words
    • Article
      Vandalism charges against second US teenager dropped
      170 2 VANDALISM charges that require a lashing upon conviction were dropped against a second American teenager yesterday. In exchange for pleading guilty to a lesser charge of possessing stolen property, Stephen P Frechill, 17, was fined $800 and released by District Judge Khoo Oon
      170 words
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      192 2 *[$|(,|.),<`{>>/>!$"_(^&>.,'!)( f v This announcement appears as a matter of record only. UNION ASIA FINANCE PUBLIC COMPANY LIMITED US$lOO,OOO,OOO TERM LOAN FACILITY Arrangers Lead Managers Bank Brussels Lambert (Singapore) Ltd The Fuji Bank, Limited, Singapore Branch KDB International (Singapore) Limited KorAm Bank Tat Lee Bank Limited Senior Managers The Norinchukin
      192 words
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      175 2 You just can't beat a Jetabout China tour. We use experienced English speaking guides and give you maximum flexibility of departure dates. China is a big country and we have a wide range of different tours to cover exactly the points of interest you want to see. Beijing Tour TTTZ
      175 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Bank Negara's inaction over falling rates stumps analysts
      453 3 Reuter KUALA LUMPUR Malaysia's falling interest rates, seen as fuelling inflation, have eonfounded analysts who are trying to glean a clear picture of central bank policy. Interest rates have fallen since late last month with the key three-month Kuala Lumpur Interbank Offered
      Reuter  -  453 words
    • Article, Illustration
      Lock icon Hang Bapindo accused, yell court spectators
      292 3 Reuter JAKARTA Indonesian businessman Eddy Tansil, allegedly at the centre of a multimillion dollar bank fraud, again faced a barrage of abuse from spectators when his trial resumed yesterday. "Just hang him. PKI (Communist)," screamed members of the public in the tiny Jakarta court
      Reuter  -  292 words
    • Article
      Lock icon Viet state firms told to pay debts or go bankrupt
      141 3 AFP HANOI Vietnam has ordered ailing state firms to start making arrangements to repay their debts by July I or face bankruptcy. A directive from Prime Minister Vo Van Kiet accused many state businesses of dragging their feet in implementing
      AFP  -  141 words
    • Article
      Lock icon HLI-FairPrice tie-up aims to be top M'sia supermarket retailer
      404 3 The Star KUALA LUMPUR Quavlinc Fair Price Sdn Bhd. a joint venture between Hong Leong Industries Bhd (HLI) and Singapore's N I UC Fair Price Cooperative Ltd, plans to set up five Malaysia Fair Price supermarket outlets in the Klang Valley
      The Star  -  404 words
    • ASIA NOTES
      • Article
        Lock icon M'sian amendment Bill approved
        86 3 Bernama KUALA LUMPUR Malaysia's Dcwan Ncgara yesterday approved the Constitution (Amendment) Bill 1994 with a more than two-thirds majority. In winding up the debate on the Hill, Law Minister Syed Hamid Albar said the Bill was aimed at upholding the sovereignty of constitutional monarchy. On Senator
        Bernama  -  86 words
      • Article, Illustration
        Lock icon An ambassador calls
        35 3 AFP PHNOM PENH King Norodom Sihanouk receiving diplomatic credentials from United States ambassador Charles Twining at the Khemarin palace yesterday. Mr Twining is the first US ambassador to Cambodia since 1975. AFP
        AFP  -  35 words
      • Article
        Lock icon Japan's economy hasn't bottomed out
        102 3 Knight-Ridder lOKYO Toshio Morikawa. chairman of the Federation of Bankers' Associations of Japan, said yesterday that the nation's economy has not bottomed out yet. "Although consumer spending and corporate sentiment are improving, there is no sign suggesting an imminent recovery in corporate capital spending" he
        Knight-Ridder  -  102 words
    • Article
      Lock icon Indons threaten Manila with conference on the Moros
      272 3 AFP JAKARTA Indonesian nongovernmental organisations are prepared to hold a tit-for-tat conference on the Moro independence movement in the Philippines if Manila holds one on the situation in East Timor, it was stated here yesterday. Indonesia has been angered by plans to
      AFP  -  272 words
  • Page 3 Advertisements
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      159 3 .W& B j Mk <7 i ji^a—l g tr jJ§ ■■Ht Lr|| For worldwide communications solutions, talk to your local partner. We believe that the most effective communi- which are based on the latest international To date, more than 129 million digital lines are cations solutions combine global experience communications
      159 words
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  • CHINA/HONGKONG/TAIWAN
    • Article, Illustration
      Lock icon China won't allow others to force their values on it, says Li Peng
      483 4 AP BLUING In remarks directed at the US, Premier Li Peng has said China will never allow another country to force foreign values on it. Mr Li's warning, issued on Monday, comes as US President Bill Clinton
      AP  -  483 words
    • Article
      HK ideal as US firms' Vietnam springboard
      353 4  -  Three-quarters would use it as HQ. seminar told From Lim Soon Neo in HONGKONG HONGKONG is well placed to be the natural gateway for American companies doing business with Vietnam, the territory's Secretary for Trade and Industry T H Chau said yesterday. Speaking
      353 words
    • Article
      Lock icon Asian, Western investors pour billions into Chinese tourism industry
      186 4 AFP HONGKONG Asian investors are being joined by Western counterparts in pouring billions of dollars into China's tourism industry, a report said yesterday. In recent years, foreigners have invested some US$l2.3 billion (Ssl9 billion) in 81 hotel projects in China, with
      AFP  -  186 words
    • Article, Illustration
      Lock icon Beijing to allow rural citizens to move to cities
      376 4 UPI BEIJING China will abolish its residency control system and allow peasants to move to the cities starting next month, an ofTicial newspaper said yesterday. The abolition was "a major breakthrough" in China's economic reform, the official China Daily quoted a
      UPI  -  376 words
    • CHINA WATCH
      • Article
        Lock icon German broadcaster to beam to Asia
        88 4 AFP HONGKONG Germany's international broadcaster. Deutsche Welle, joined the pan-Asia television fray yesterday, leasing space on a new satellite to go into orbit in 1995. Deutsche Welle director-general Dieter Weirich said the 24-hour service on Asia Sat 2 will be identical to that already
        AFP  -  88 words
      • Article, Illustration
        Lock icon The atomic team
        37 4 Reuter BKIJING Nuclear inspectors of the International Atomic Energy Agency at Beijing Airport before moving on to North Korea yesterday. The team's task is to determine whether Pyongyang has developed a nuclear bomb. Reuter
        Reuter  -  37 words
      • Article
        Lock icon Unification by 2000
        86 4 Reuter NEW YORK A Chinese expert speaking at an investment conference here said on Monday he expected further cooperation between China and Taiwan and added he expected unification by the year 2000. "We believe by the end of this century, China will be united as one," said
        Reuter  -  86 words
      • Article
        Lock icon HK's jobless rate down
        81 4 AFP HONGKONG Hongkong's seasonally adjusted unemployment rate eased slightly to 2.2 per cent in the first quarter from 2.3 per cent a year earlier, the Census and Statistics Department said yesterday. The seasonally adjusted underemployed rate rose to 1.7 per cent from 1.6 per cent in
        AFP  -  81 words
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      774 4 Whatever your printer is, we've a specially developed label for you (In picks of 100 sheets) mSSS&SSI ■r'niil'lal Labels per Order No t HW* sheet'pack i 48 3X 25.4 44 4,400 Specially developed for high speed 66 *33.8 24 2.400 4814 J ink-iet Drinters 96.5*33.8 6 1.600 «is I I
      774 words
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      124 4 How to save several thousand dollars on your next conference. Have it at The Beaufort Singapore. between 15 May and 31 July 1994. Where you'll have all your food and With a choice of different menus beverage expenses* at the opening incorporating the very best of condinner function for your
      124 words
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  • THE WORLD
    • Article
      Framework deal on US, Japan trade still on the cards: official
      361 6  -  From Leon Hadar in WASHINGTON A SENIOR US official said trade talks with Japan which resume tomorrow could lead to a "framework" agreement in time for a leadership summit of the seven largest industrialised nations. US officials did not
      361 words
    • Article
      Lock icon Russian deputy premier Shakhrai quits
      269 6 AFP MOSCOW Russian Deputy Prime Minister Sergei Shakhrai is resigning from the government one day after President Boris Yeltsin released him from his duties as nationalities minister. "The appointment of a new nationalities minister was done without consulting me and therefore I request to be
      AFP  -  269 words
    • Article
      Lock icon UK retailers' sales in April better than expected
      342 6 Bloomberg Business News Reuter LONDON April UK retail sales grew slightly more quickly on a year-on-year basis than had been expected, the latest Confederation of British Industry distributive trades survey released yesterday said. The stronger growth followed three months of relatively modest
      Bloomberg Business News; Reuter  -  342 words
    • Article, Illustration
      Lock icon Getting ready to face the world
      67 6 AFP ST PETERSBURG A Russian sculptor retouching a statue in front of the 150-year-old Belozersky Palace on Monday. This monument, among others which survived the Soviet era intact, is being restored with the support of a group of British investors led by Prince Charles
      AFP  -  67 words
    • Article
      Lock icon Group pays US$2b for stake in Peruvian phone firms
      254 6 Reuter LIMA A consortium led by Telefonica de Espana has handed Peru USS2 billion (SS3.I billion), making good on its winning bid for a controlling stake in two telephone firms. A beaming President Alberto Fujimori said the contractsigning at Government Palace
      Reuter  -  254 words
    • WORLD WATCH
      • Article
        Lock icon EU extends textile duties
        82 6 Reuter BRUSSELS The European Union has extended customs duties on certain textile products from Indonesia, Pakistan, India, Thailand, China, South Korea and Belarus. In its official journal of May 12, published yesterday, the EU said it had re-established duties as of May 15. The duties had
        Reuter  -  82 words
      • Article
        Lock icon S African parliament session delayed
        71 6 AFP CAPE TOWN The first session of South Africa's new multiracial parliament will begin next Tuesday, a day later than initially planned, the Sapa news agency reported yesterday. President Nelson Mandela will open the session, due to last until the start of July, with a
        AFP  -  71 words
      • Article, Illustration
        Lock icon Jackie Onassis in hospital
        44 6 Reuter NEW YORK Former US first lady Jacqueline Kennedy Onassis was re-admitted to the New York Hospital on Monday for treatment of lymphoma, a form of cancer. The picture above was taken at her daughter Caroline's wedding in 1986. Reuter
        Reuter  -  44 words
      • Article
        Lock icon Arafat calls for holy war on Jerusalem
        94 6 AFP JERUSALEM PLO chairman Yasser Arafat has issued a call to Muslims to launch a holy war or jihad to liberate Jerusalem from Jewish rule, according an audio tape broadcast by state radio yesterday. "You have to come and to fight and to
        AFP  -  94 words
      • Article
        Lock icon Russia fires Pacific Fleet chief
        46 6 AP MOSCOW President Boris Yeltsin has removed the commander of Russia's Pacific Elect, the once-clitc force whose performance has been steadily sinking. Defence Minister Pavel Grachev recently ranked the fleet last in the Russian military in combat readiness, reports said. AP
        AP  -  46 words
    • Article
      Lock icon OECD head says race for top job should not be political issue
      285 6 Reuter PARIS Amid the international jockeying for the top job at the OECD, the incumbent himself one of three European candidates yesterday made a plea against turning the race into a political issue. Frenchman Jean-Claude Paye, whose second
      Reuter  -  285 words
    • Article
      Lock icon Russia seeks delay in Paris Club debt talks
      380 6 Reuter MOSCOW Russia is not yet ready for talks with the Paris Club of official creditors on a long-delayed 1994 rescheduling of its US$BO billion (SSI24 billion) foreign debt and it wants a 14-day delay. Chief debt negotiator Alexander Shokhin, also the
      Reuter  -  380 words
    • Article, Illustration
      Lock icon Businessmen see US economy picking up
      555 7 71 pc in survey expect their companies to improve by 1998 Reuter, Bloomberg Business News NFW YORK American business leaders grew more optimistic about economic prospects over the past six months and nearly three-quar-ters say their business will be better off in four years,
      Reuter,; Bloomberg Business News  -  555 words
    • Article
      Lock icon US service industry wages nearly match manufacturing pay
      300 7 Bloomberg Business News WASHINGTON Wages in service industries are catching up with those in the traditionally higher-paying manufacturing businesses, a federal Reserve study says. I he findings take some of the sizzle out of the "hamburg-er-flipper" theory that most of the economy's
      Bloomberg Business News  -  300 words
    • Article
      Lock icon Americans disapprove of Clinton's handling of foreign policy: poll
      203 7 Reuter WASHINGTON Public confidence in US President Clinton's handling of international affairs has declined sharply in the wake of setbacks to his Haiti policy and criticism of other initiatives, according to a Washington Post/ABC News poll. Only 40 per cent of
      Reuter  -  203 words
    • Article
      Lock icon Pressure groups urge US to stop funding IMF, World Bank
      308 7 Reuter WASHINGTON A US coalition of more than 35 pressure groups attacked the World Bank and IMF on Monday for hurting the world's poor and destroying the environment and urged the United States to stop funding the two organisations. In
      Reuter  -  308 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      245 6 V^ 1 An intelligent 25-storey office tower to be augmented later with two 8-storey industrial blocks. With all the amenities and facilities that only a state-of-the-art complex can have. And nestled in a favourable location that offers easy accessibility to enhance business communications. For more details on how your business
      245 words
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      Page 6 Advertisements Column 2
      305 6 By GOH KHENG CHUAN What makes this NEW HANDBOOK different from other investment books is that it includes a 5 year financial highlights on 162 listed companies in Singapore and Malaysia. This invaluable information helps investors to pick quality stocks to invest and to avoid investing in overpriced stocks. Profitable
      305 words
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      67 7 FOR SALE BY AUCTION Auction on-site 11.00 am Wednesday Ist June, 1994 326 Canning Highway Bicton Perth, Western Australia A 23.0005QM (NEARLY 6 ACRES) Development Opportunity Land area massive Hotel lease expires 23,1665 qms on 30th June 1994. All plans within Cert, of Title Vol 1713 Fol 519 and Vol
      67 words
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      Page 7 Advertisements Column 2
      149 7 :j|l "SIA CARGO ADVISES US ABOUT OUR MOST ECONOMICAL AND TIME SAVING OPTIONS. IT ALL HELPS TO LIGHTEN OUR LOAD." DERRiCK lIV.. CUSTOMS TRAfFtC AND HCENSING MANAGER ASIA PACIftC OPERATION Of HEWIETT PACKARD "Although we fly thousands of tonnes they will suggest the most economical and keeping our customers satisfied.
      149 words
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  • WORLD FOCUS
    • Article, Illustration
      US investment in Asia to jump 13pc to US$14.5b
      561 8  -  Reports by Chuang Peck Ming SINGAPORE American investment in Asia is likely to jump to US$l4.5 billion (SS23 billion) this year, from US$l2.9 billion in 1993. says the United States Department of Commerce. The 13 per cent increase projected for 1994
      561 words
    • Article
      American companies plan to trim investment
      224 8 SINGAPORE American firms plan to trim their investment here from US$l.3 billion (552.06 billion) in 1993 to USSI.2 billion this year, says the United States Department of Commerce. Much of the fall is due to lower US investment in the oil industry, says the
      224 words
    • Article
      Japan's Asian investment falls only slightly
      540 8  -  By Genevieve Cua SINGAPORE Japanese investment in Asia has faltered only slightly compared with the rest of the world, despite Japan's continuing recession. Investment in the region slipped 2.2 per cent between April and October 1993 seven months of Japan's last fiscal year, which
      540 words
    • Article, Illustration
      Japanese firms shift main business activities to Asia Pacific
      737 8  -  By Yang Razali Kassim SINGAPORE Japanesecompanies are moving away from the United States and Europe traditionally their biggest markets and shifting their main business activities to the Asia Pacific. In anticipation of the growing economic might of Pacific Asia, Japanese companies
      737 words
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      591 8 II Keppel Corporation Limited (Incorporated In the Republic of Singapore) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the 26th Annual General Meeting of the Company will be held at the Company's registered office, Keppel Corporation Limited, Board Room, 325 Telok Blangah Road, Singapore 0409, on Thursday, 2
      591 words
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  • SPORTS
    • Article, Illustration
      Lock icon Valderrama threatens legal action against Ballesteros
      416 9 Coif AP MADRID, Spain A spokesman for the Valdcrrama Golf Club said on Monday that legal aetion was being considered against Seve Ballesteros for comments suggesting the club had offered him US$1 million (SS 1.55 million) to back the course as a site for
      AP  -  416 words
    • Article
      Lock icon Malaysia's men and Indonesia women win final tickets
      336 9 Reutcr JAKARTA, Indonesia Defending ehampions Malaysia powered into the Thomas Cup final by taking a winning 3-0 lead over China yesterday's semi-finals while Indonesia scored an upset win over South Korea to reach the women's Übcr Cup final. Malaysia play either Indonesia
      Reutcr  -  336 words
    • Article, Illustration
      Lock icon On your mark...Get set...
      35 9 Reuter DKNVKR, Colorado Colorado Rockies' stopshort Walt Weiss (no 22) taking a dive after forcing LA Dodgers' Brett Butler at second base during the first inning in Denver on Monday. Reuter
      Reuter  -  35 words
    • SCORE CARD
      • Article
        Basketball
        51 9 NKW YORK Major leaguv \londa> National: Pittsburgh 7 St Louis 2; Philadelphia I Montreal 4: NY 1 Florida 3; Chicago 4 San Diego 2: Houston 3 SF 2: Colorado 2 I.A 9. American: Toronto 7 IXiroit 2; California 5 Chicago X; Oakland 7 Texas 11: Seattle 4 Kansas City
        51 words
      • Article, Illustration
        Lock icon Tennis
        189 9 AFP AP AP PARIS French Open sec-dings published Monda) Men: I Pete Sampras (US) 2 Michael Stich (Cier) 3 Stefan Hdbcrg (Swe) 4 Andrei Medvedev (Ukr) 5 Goran Ivanisevic (Cro) 6 Sergi Brugucra (Spn) 7 Jim Courier (US) 8 Michael Chang (US). Women: I Steffi Graf (Cier) 2 Arantxa
        AFP; AP  -  189 words
      • Article, Illustration
        Lock icon Golf
        70 9 Reuter LONDON World rankings pub- lished \londa>: I Greg Norman (Aust) 21.96pts 2 Nick Faldo (Lng) 19.16 3 Nick Pricc (Zim) 16.60 4 Bernhard (.anger (Ger) 15.X0 5 I red Couples (US) 14.69 6 Caul Azinger (US) 12.46 7 Jose Maria Olazabal (Spn) 11.30 8 lan Woosnam (Wales) 10.X5
        Reuter  -  70 words
      • Article, Illustration
        Ice hockey
        19 9 TORONTO Nlll. Western Conference Finals M<»nda>: Toronto 3 Vancouver 2 (OT) (Toronto leads the best-of-seven series 1-0).
        19 words
    • Article, Illustration
      Lock icon Former tennis star Capriati arrested on drug charge
      447 9 AFP CORAL GABLFS, Florida. Former American tennis star Jennifer Capriati was charged with being in possession of marijuana here on Monday after police found her in a hotel room after being tipped off about a "runaway" being there. After being charged, the
      AFP  -  447 words
    • Article
      Lock icon Lewis willing to take £1m cut for home advantage
      209 9 AP LONDON Lennox Lewis wants to fight at home, and he's willing to give up fcl million (552.32 million) in prize money to do it. The Briton will defend his WBC heavyweight title against American challenger Oliver McCall before the end
      AP  -  209 words
    • Article
      Lock icon Attacking Barcelona win will be good for soccer: Cruyff
      386 9 Reuter ATHENS A victory for attacking Barcelona over defensive AC Milan in today's European Cup final would be good for soccer, the Spanish team's coach Johan Cruyff said. "It's always good for football if an attacking team wins," the Dutchman said.
      Reuter  -  386 words
    • SIDE LINES
      • Article
        Lock icon Australia replaces Argentina
        73 9 Reuter Australia yesterday answered a late invitation from Japanese soccer officials by organising a squad to replace Argentina in a three-nation tournament later this month. Argentina withdrew in protest last week following the Japanese government's refusal to issue Diego Vlaradona an entry visa because of a drug
        Reuter  -  73 words
      • Article, Illustration
        Lock icon Second woman to qualify for Indy 500
        57 9 AFP INDIANAPOLIS. Indiana American driver Lyn St James removing her balaclava after a practice run on Monday at the Indianapolis Motor Speedway here. St James, who was the sixth fastest qualifier alter the first weekend of qualifications, is onl\ the second woman to
        AFP  -  57 words
      • Article
        Lock icon Mark Taylor in waiting game
        103 9 Reuter SYDNLY Mark Taylor must wait until Thursday or Friday to learn whether he will succeed Allan Border as Australian cricket captain. Taylor. 29. vice-captain to Border for the past two years, has emerged as the leading contender for the role. The Australian C ricket
        Reuter  -  103 words
      • Article
        Lock icon S Korea to include foreign-based talent
        67 9 Reuter SLOL'L South Korea has decided to rely on two foreign-based talents to help them achieve their first victory at the World Cup finals, a soccer official said yesterday. The Korea Football Association said officials agreed at a meeting on Monday to include Kim
        Reuter  -  67 words
      • Article
        Lock icon Akebono remains undefeated
        80 9 AP TOKYO American yokozuna (grand champion) Akebono easily bulldo/ed lower-ranked Higonoumi out of the ring and kept the sole lead at 10-0 yesterday with five days left in the Summer Grand Sumo Tournament. Ozekis (champions) Takanohana and Takanonami were right behind at 9-1. American ozcki Musashimaru. or
        AP  -  80 words
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      Page 9 Advertisements Column 1
      236 9 From the the Rising present a gourmet experience j its best. The freshest ingredients, choice selection of all-time favourites, ■HfT fuv, authentic Japanese preparation all presented in impeccable Japanese wL o, hospitality and service. Set in Jgy-a cosy and warm Oriental ambience, you can request for our tranquil private Tatami
      236 words
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      1320 10 Nothing Beats where to wine, dine «no entertain OK FRESPfI .PASTA H>AI LY. F From Pasta Fresca. The only restaurant to make its own specialty pasta. Fresh, everyday. Savour perfect pizza, great gelati and terrific tiramisu. All topped With Italian hospitality. Potto Fresco Oa Satvotor* Pie ltd t 30 Boot
      1,320 words
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  • LIFESTYLE
    • Article, Illustration
      A hard act to follow
      752 11  -  Having performed so majestically in Singapore two years ago, BB King returns to captivate his audience once more. Snahiron Sahams confident that for the blues legend, it won't be Shahiron Sahari BB KING'S first Singapore concert in late 1992 remains one of the most enjoyable
      752 words
    • Article
      Lock icon Medea, Diana Rigg win Tony nominations
      286 11 AFP MEDEA and its star Diana Rigg picked up nominations for the best-of-Broadway Tony Awards on Monday. Medea, a Euripides tragedy brought to New York by London's Almeida Theatre, was nominated for best revival of a play along with Abe Lincoln in Illinois, An
      AFP  -  286 words
    • Article, Illustration
      Lock icon Party time at Planet Hollywood
      516 11 CHATTERBOX AP AP AP AP THOUSANDS lined the streets outside the latest Planet Hollywood restaurant to wateh Sylvester Stallone party with Cindy Crawford, Shaquille O'Neal and YVhoopi Goldberg. Most of the 5,000 who showed up didn't get into the invita-tion-only gala on Sunday, but they
      AP  -  516 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      105 11 EXTRA! *3 EXTRA! EXTRA! Here's fabulous news for those who believe in Value for money. h Besides our usual hearty spread of local favourites, our Executive Chef has lavished ?f§jjg additional cuisines such as Laksa, Chwee Kweh with Chai Poh, Bread and Butter Pudding and many others with absolutely aaJ
      105 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1345 11 TV RADIO J I M T J drama loosely on 14 about brutal murder pP^^ three civil rights workers (two S in Missis- H« w to the V by conflict between Gene 1 vT Hackman a Southerner 0JW&~ himself and a redneck, and JH Willem Dafoe a by-the- jßߧ^.> r
      1,345 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Stage set for greater integration
      1768 12  -  Australia's Asia policy FACE TO FACE Australia's Trade Minister Bob McMullan, in an interview with Peter Osborne in Canberra, outlines his country's plan to forge closer economic ties with the region Peter Osborne B T: The level of Australian investment in Asia has been poor,
      1,768 words
    • Article, Illustration
      Lock icon Are Aussie investors ready for a kangaroo hop into S-E Asia?
      1480 12  -  PETER OSBORNE PETER OSBORNE The writer is a H I correspondent AFTER a dccadc of slow decline, considerable anecdotal evidence is building to support claims of a resurgence in Australian interest in South-east Asia as an investment target. Australia's
      Source: Dept of Foreign Affairs & Trade,Australia  -  1,480 words
    • Article, Illustration
      Mahathir-Keating clash: a vital learning experience for Canberra
      1048 13  -  Australia's Asia policy KARIM RASLAN KARIM RASLAN Ihe writer is a Kuala Lumpur-baaed journalist TWO Asia-Pacific nations share some remarkable similarities. Both have about 20 million people, both are blessed with natural resources and internationally competitive exporters of raw materials and agriculture
      1,048 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      480 13 Introducing New Categories in Book Fair' 94 O Stationery O Posters O Greeting Cards O Charts O Works of Art and Paintings O Educational, Information and Communication Technology O CD Rom, Disks and Cassettes O Computer Hardware and Software O Printing Equipment Services O Educational Aids and other related trades
      480 words
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  • Article
    Stopping Japan's economic rot
    548 14 EDITORIAL EVEN AS Singapore announced on Monday a record 11 per cent growth for the first quarter in line with booming growth in the region Asia's pre-eminent economy, Japan, continues to experience serious difficulties. Japan's first-quarter economic growth figures will be out soon and will probably
    548 words
  • WHAT THE OTHERS SAY
    • Article
      Douse fires or risk burn-out
      246 14 HAVING STARTED, the Urban Redevelopment Authority must now continue to regularly publicise private property sales figures based on developers' official declarations to balanee sold-out claims based on bookings. Such transparency will make it more difficult for speculators to run up prices by creating the impression
      246 words
    • Article
      Train grassroot leaders well
      141 14 THE recent conference of grassroot leaders reiterates the importance of enhancing government-people contact. Certainly to achieve that, there are two crucial factors: the quality of grassroot leadership and the need to create effective mechanisms to attract the masses to join the grassroot movement. RCs and CCs
      141 words
    • Article
      More grassroot challenges
      187 14 GRASSROOT organisations arc meant to serve as a bridge between the government and the people. Citizens' Consultative Committees, Residents' Committees and other grassroot bodies should not just see themselves as organisations to serve the needs of certain places only. They should perhaps take a more "macro" view
      187 words
    • Article
      Top-level price watch needed
      123 14 ONLY PART of the job of stabilising prices has to do with adjusting market variables. The bigger, and more painstaking, part is gathering current prices into the precise data that goes in as the raw material of policymaking. Prices at the retail end affect everyone's pursestrings
      123 words
    • Article
      Public debate essential
      136 14 PRIME MINISTER Tsutomu Hata owes the nation a full explanation regarding the Japanese government's stated intention to seek a permanent seat on the Security Council of the United Nations. Mr Hata expressed his hope for permanent membership on the council during a recent meeting with German Chancellor
      136 words
    • Article
      Another blast waiting to happen
      141 14 IT IS more than nine months since a blast ripped through a Shenzhen warehouse, killing an unknown number of people and causing over HKS2OO million damage. The shock waves travelled far and wide. In Hongkong, people were reminded why the words China and safety seem
      141 words
  • Article, Illustration
    Only the hats have changed
    817 14  -  Seeing ex-communists holding power in Eastern Europe. Neville Stack says it seems a case of the devil you know beating the saint who doesn't know Neville Stack The writer is a political commentator based in London. He writes regularly for BT. WITH ALL the /eal
    817 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      222 14 VITAL Investing on fundamentals or punting for a quick profit it pays to know about a lAH company before putting in your money. Company Spotlight lets you gen up on hot stocks. It gives: L A Key information about the company, including its financial position over A A AL several
      222 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      75 14 BRISTOUJ HAS BGC-N IT'S UNNPiTijRAL— fTQ,L SeOJRITY TO^V (I DOM'T UkTfr IT V FLftT OOf MOST 6e V STAND BV./ V L-IK£ IT. ■.J SiMCeweGOTiN SonerH.MGGO.NG I/ this moKNiNG lON II He LOOKED —1/ J J jSW c f^sT^ DOONESBURY GARRY TRUDEAU HJRNSOUTTTOOULPB6 YEARS dOM* MlfcuXX- eefO&ieeTMYMONBY! WW},err 9 IN6FORAJC6?
      75 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon More Fed shocks in store — in small doses?
      1291 15  - More Fed shocks in store in small doses? Clay Chandler examines various theories about why the markets reaeted wildly after getting spooked by Fed talk of impending inflation. Anthony Effinger discusses how the slump in the bond market brought Washington's weak-dollar policy to an end. And Craig R Whitney finds
      The Washington Post  -  1,291 words
    • Article, Illustration
      Lock icon Less dogmatic and more pragmatic
      1083 15 NYT HAS THE Bundesbank, the monetary lion that has had all Europe cowering before German tight-money policies, rolled over and started purring like a pussycat? After the central bank lowered both its key interest rates by half a percentage point last week, some financial analysts
      NYT  -  1,083 words
    • Article
      A sudden about-face on the dollar
      1186 15 FACtD with rising US interest rates and an investor flight from the country's financial assets, the Clinton Administration has called a halt to its tacit weakdollar policy. "We never had a strong-yen policy," W Bowman Cutter, deputy assistant to the president for economic policy,
      1,186 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      201 15 For $158 per room you will get your Seminar FREE The next time you plan for a seminar, make sure you ask for the Orchard Parade Room Seminar Bonus Package. From SISB (single) per room, we will set up your seminar at no charge with the following perks. Morning and
      201 words
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  • Article
    Lock icon Intra-Asian exports boom as role of US market fades
    367 16 AFP TOKYO Asian economics arc boosting their exports to each other as the importance of the North American market fades. The International Trade and Industry Ministry, in an annual report approved by Cabinet yesterday, said increases in exports towards Asia were
    AFP  -  367 words
  • Article, Illustration
    Lock icon Opposition split on bid to topple Hata
    419 16 AFP TOKYO Japan's Liberal Democratic Party (LDP) vowed yesterday to topple Prime Minister Tsutomu Hata's minority government, but suddenly found that its expected allies, the Socialists, baulked at the attack. LDP secretary-general Yoshiro Mori reaffirmed the party's intention of submitting a no-confidence motion
    AFP; Reuter  -  419 words
  • Article
    Lock icon UN official in Somalia quits over US$3.9m theft
    158 16 Reuter MOGADISHU A top United Nations official in Somalia has resigned over the embarrassing theft of US$3.9 million (Ss6 million) left in a filing cabinet. UN sources yesterday named the official as Doug Manson, senior director of administration in the UN operation
    Reuter  -  158 words
  • Article
    Lock icon China's industrial output grows 16pc, prompting calls to curb inflation
    241 16 Bloomberg Business News BLUING China's industrial economy grew in the first four months of this year, prompting calls for the government to maintain tough curbs on inflation, state television reported yesterday. During this period, industrial output grew 16.4 per cent
    Bloomberg Business News  -  241 words
  • Article
    Lock icon US housing starts drop by 2.5pc in April
    326 16 Reuter WASHING lON Construction starts on new homes and apartment buildings in the United States slipped 2.5 per cent last month as building activity slowed from a weatherrelated bounce in March, the government said yesterday. The Commerce Department said builders broke ground
    Reuter  -  326 words
  • Article
    Lock icon India forges ahead on private phone policy
    320 16 AFP NLW DLL HI India's Telecom Commission is moving to spell out the rules for domestic private and foreign investors after ending a government monopoly over telephone networks to corporate applause and union protests. At its first meeting today, after unveiling the liberalisation
    AFP  -  320 words
  • Article, Illustration
    Time to structure new global economic order
    739 16  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald tribune, where this commentary first appeared HALF a century later, the dream of the architects of the post-war international economic order is almost coming true. Next year,
    739 words
  • Article
    Asia not to blame for West's unemployment: Goh
    319 16  -  Asia Society International Corporate Conference Reports by Yang Razali Kassim SINGAPORE Asia's economic emergence is not the cause of the long-term rise in unemployment in the West, says Prime Minister Goh Chok Tong. Explaining why Western joblessness should not be blamed on
    319 words
  • Article
    Growing Asia will hunger for consumer goods: PM
    371 16 SINGAPORE A growing Asia, apart from having a huge appetite for infrastrueture, will be an army hungry for consumer goods, travel and other economic services. Prime Minister Goh Chok Tong said. And a booming Asia will also mean growing numbers of the
    371 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      72 16 COMPAQ. B Authorised Dealer For Singapore rhmJ MICRO BSBBEBBEEH9HEEBE93B333I 30-C NASSIM ROAD Freehold Land Good Class Bungalow District 2-Storey Detached Bungalow Land Area 15,4675q ft appox CLOSING DATE: 7 JUNE 1994 AT 4:00 PM For further information, please contact: Sole Marketing Agent aL Steven Loh Brooke Ms Evelyn Ho Hillier
      72 words
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      Page 16 Advertisements Column 2
      51 16 enhance] rega Memory Products Inc. f I MICRO Upgrades For Your PC SINGAPORE KJJALA LUMPUR NGEEANN ODEON TOWERS LB MEN AAA IMC CITY (Opp. RafllM (Opp Shangri-La Hotel) (Orchard Road) Quality Serviced Offices Tel: 65-838 5243/ Fax: 65-339 1676 MRCENTRE Operate A Business From Home? We give complete supporVaddress/dedicated phone
      51 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        43 17 Firm 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled Barings. Daiwa. GK (ioh. Morgan (Jrentell. Phillip. Smith Slew Court, iat Ixe. H Carr and SG H arhurg.
        43 words
      • Article, Illustration
        HOT STOCK
        152 17  -  By Paul Leo Golden Plus Holdings has fallen $2.20 or 29 per cent to 55.35 from its recent peak of $7.55 on April 27. Technical factors point to a recovery above $6.00. The daily Relative Strength Index has turned up from zero but is still in oversold region.
        152 words
    • Article, Illustration
      Comfort Group expected to launch IPO tomorrow
      410 17  -  By Ven Sreenivasan SINGAPORE Comfort Group Ltd, the transportation holding company built around taxi operator NTUC Comfort, is expected to launch its main board initial public offering within the next few days. Sources told Business limes that the IPO, which will consist of
      410 words
    • Article, Illustration
      HBM Print public offer subscribed 18.6 times
      345 17  -  By Corinne Kerk SINGAPORE Despite uncertainty in the stockmarket, colour separation and printing group HBM Print yesterday closed its initial public offer with a healthy subscription rate of 18.6 times. HBM Print offered 32 million new 10-cent shares at a fixed price of
      345 words
    • Article
      3 S'pore firms take up space in Fuqing industrial park
      397 17  -  By A J Leow SINGAPORE A Singa-pore-Indonesian consortium spearheaded by the Jurong Town Corporation (JTC) has signed up its first three tenants from Singapore for its 5,000-ha industrial park in Fuqing, China. The three firms RayLine Trading Co, Tan Chiang
      397 words
    • Article, Illustration
      Lock icon Impasse between rival Yeos hurting both YHS and its shareholders
      698 17  -  HOCK LOCK SIEW By Han Shih SINGAPORE The move yesterday by Alan Yeo, chairman of Yeo Hiap Seng Ltd (YHS), to wind up his family holding company illustrates the biggest problem facing the listed food and beverage company. The problem
      Source: Bridge Info  -  698 words
    • Article
      Lock icon Tenaga to increase loans in ringgit to 40pc next year
      370 17 Bernama PETALING JAYA Tenaga Nasional Bhd. which suffered a decline in group pre-tax profit due to the weakening ringgit, will increase its loans in the local currency to between 40 and 50 per cent next year. Executive chairman Ani Arope
      Bernama  -  370 words
    • Article
      Lock icon Mentiga's timber concession can yield M$1.8b in revenue
      111 17 NST KUALA LUMPUR Mentiga Corporation Bhd's newly acquired 55,600 ha timber concession in Lesong, Pahang, has the potential to generate MS 1.8 billion (551.06 billion) in revenue for the company over 40 years. Mentiga chairman Mohd Ghazali Mohd Khalid said yesterday that
      NST  -  111 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Hotel Negara's OUE sale
          47 18 SINGAPORE Lien Ying Chow, chairman and managing director of Overseas Union Enterprise Ltd, informed the Stock Exchange of Singapore that Hotel Negara. in which he has a deemed interest, sold 250,(XX) ordinary $1 shares of OUE at 58.02 per share on May 13.
          47 words
        • Article
          Steamers' unit in Sri Lanka venture
          108 18 SINGAPORE Steamers Maritime Holdings' wholly owned subsidiary, W&T Logistics, has signed a joint venture agreement to build and operate a USS6 million (559.3 million) inland container terminal cum container freight station in Sri Lanka. Its partners are Malaysian International Shipping Corp and Sri Lanka's
          108 words
        • Article
          Sembawang wins $13m contracts
          90 18 SINGAPORE Sembawang Engineering has clinched two contracts totalling more than $13 million, to fabricate a riser column and a rigid arm for Single Buoy Mooring. The $7.6 million contract for the riser column involves design, fabrication, testing, pre-commissioning, loadout and seafastening of the column. It is
          90 words
        • Article
          Alliance in share placement
          119 18 SINGAPORE Locally listed Alliance Technology and Development Ltd said yesterday it has entered into an agreement to place out 4.87 million $1 shares with Hongkong incorporated Hamex International. The placement is conditional upon approval for the listing and quotation of the placement shares being granted by
          119 words
        • Article
          Sen Alam condo launch today
          148 18 SINGAPORE DBS Land's associate, Seri Alam Properties Sdn Bhd, will be holding a soft launch of the luxury Country Towers condominium at Johor's largest township Seri Alam today. According to a statement by DBS land yesterday, the Country Towers is a low-density condo development located
          148 words
      • Article
        Lock icon Bata (M) to trim production costs, plans Viet expansion
        242 18 Bernama KUALA LUMPUR Shoe manufacturer Bata (Malaysia) Berhad is looking at ways to cut production costs to counter intense competition from lower cost producers, especially in China and Indonesia, says chairman Keith Weston. "The possibilities for further expansion into Vietnam are
        Bernama  -  242 words
      • Article, Illustration
        Lock icon Charity event a public relations coup for Khoo
        410 18 "II WAS a very successful function, don't you think so?" Khoo Kay Peng remarked cheerfully to reporters after seeing oft his VIP guests yesterday. For the publicity-shy chairman of Malayan United Industries Bhd (MUI), the charity event which he hosted and which
        Photo by Arthur Lee  -  410 words
      • Article
        MUI tipped to be buying SPH's stake in SCMP
        330 18  -  Reports from Ho Kay Tat in KUALA LUMPUR MALAYAN United Industries Uhd (MUI) is widely rumoured to be buying another block of shares in Hongkong's leading newspaper group South China Morning Post (Holdings) Ltd and brokers said it was likely to
        330 words
      • Article
        Lock icon Jardine moving annual meetings to Bermuda
        448 18 Bloomberg Business News HONGKONG Jardine Matheson Holdings, the trading house closely linked to British colonial interests in Hongkong, said it will hold shareholders' meetings in Bermuda rather than Hongkong from Jan 1, 1995. The decision, which also applies to its affiliate Jardine Strategic Holdings,
        Bloomberg Business News  -  448 words
      • Article
        Lock icon HK investors scrutinising H shares after Tianjin Bohai's listing flop
        290 18 Reuter HONGKONG Investors and analysts are taking a much harder look at Chinese enterprises listing in Hongkong after Tianjin Bohai Chemical Industry (Group) Co Ltd Hopped on its listing debut. Key worries are political and social instability and the fact
        Reuter  -  290 words
      • Article
        Lock icon First quarter net profit at Thailand's TelecomAsia down 85pc
        266 18 Bloomberg Business News BANGKOK Telecom Asia Corp pic. Thailand's largest private telephone system concessionaire, had a net profit for the quarter ended March 31 of 48 million baht (552.9 million). The results represented a decline of 85 per cent from the
        Bloomberg Business News  -  266 words
      • Article
        Lock icon Rumour-hit PNB to clear up management issue next month
        210 18 Bernama PBTALING JAYA Permodalan Nasional Bhd (PNB) is expected to clear things up concerning its management team next month, says PNB chief executive Khalid Ibrahim. PNB and Kumpulan Guthrie Bhd. one of the many listed companies in the PNB group, would
        Bernama  -  210 words
      • Article
        China Strategic plans back-door listing on NYSE for breweries
        435 18  -  From Lim Soon Neo in HONGKONG CHINA Strategic Investment Ltd, which was talking late last year of seeking a New York listing for its mainland breweries within the next two years, is now trying to seal a back-door listing there by
        435 words
      • Article
        Lock icon Thai Airways profit soars 165pc in second quarter
        172 18 AFP BANGKOK Thai Airways International (Thai) has reported a 165.4 per cent rise in pretax profits for its second quarter ending March 31 over the same period a year earlier. Thai president Thamnoon Wanglec yesterday said the airline posted a second quarter
        AFP  -  172 words
      • Article
        Untitled
        532 18 Manager* price* May 18 US Gr Fund 100 104** Singapore Unit Trust Invest Mgt Ltd The Commerce 1.67 I 77xd Unifund 1.45 I.SI The Savings Fund 156 1.65 l-n'bondF 1.025 1.05 S"pore Prog Fund 0 71 0.75 United Or Fund» 1.68 175 S pore See Fund 1.03 1 09 United
        532 words
      • Article
        Unilever gets approval to set up plant in Hanoi
        329 20  -  By Harish Mehta SINGAPORE Dutch multinational Unilever NV has signed an agreement to make toothpaste, soap, detergent and shampoo in Hanoi after an attempt to set up a similar plant in Ho Chi Minh City was rejected by the local authority.
        329 words
      • Article, Illustration
        Lock icon Japan's FSX to fly in 1995
        40 20 Reuter TOKY O Japan's next-generation fighter-support aircraft (FSX) is at its final stage of completion at Mitsubishi's factory in komaki, Japan. I he aircraft is expected to make its maiden flight in 1995. Keuter
        Reuter  -  40 words
      • Article
        Lock icon Wal-Mart's profit up 11pc, Kmart falters
        215 20 Bloomberg Business News NEW YORK Wal-Mart Stores Inc's earnings rose in the fiscal first quarter, though not quite as much as analysts had expected, while rival Kmart Corp continued to falter. Wal-Mart's net income increased 11 per cent. At Kmart, on the other hand,
        Bloomberg Business News  -  215 words
      • Article
        Lock icon Aiwa doubles profit to 9.8b yen
        284 20 AFP TOKYO Japanese audio manufacturer Aiwa Co Ltd said yesterday that its group pre-tax earnings more than doubled in the year to March and announced plans to boost overseas production to as much as 85 per cent of the total. The subsidiary of consumer
        AFP  -  284 words
      • Article
        Aussie firm Boral looks to Asia for future growth
        292 20  -  By Peter Osborne SINGAPORE A major Australian building products company, Boral Ltd. has announced a new Asian investment strategy, reducing its emphasis in traditional markets such as Europe and the US. to expand into Asia's high-growth markets, particularly Malaysia and Indonesia.
        292 words
      • Article
        Lock icon S'pore govt cuts stake in US financial firm Margaretten
        136 20 Bloomberg Business News WASHINGTON Singapore state agencies cut their stake in MargarettenFinancial Corp to 1.95 per cent from 7.92 per cent. The government; its investment agent, Government of Singapore Investment Corp Pte Ltd; and the Monetary Authority of Singapore sold 880,620
        Bloomberg Business News  -  136 words
      • COMPANY BRIEFS
        • Article
          Lock icon Japan firms invest in US pager company
          82 20 Reuter TOKYO Mitsui Co, Itochu Corp, Toshiba Corp and Casio Computer Co Ltd will invest in a US company to boost their pager businesses, the companies' spokesmen said. The four firms will each acquire a stake of one to 2 per cent in
          Reuter  -  82 words
        • Article
          Lock icon Merck to form first Chinese venture
          83 20 Reuter WHITEHOUSE STATION. New Jersey Merck Co Inc, the largest drug company in the United States, said on Monday it formed its first joint-venture in China. It said it has signed an agreement with Hangzhou East China Pharmaceutical (Group) Co to form a joint
          Reuter  -  83 words
        • Article
          Lock icon Sandoz to fund Scripps Research
          73 20 Bloomberg Business News BASEL Sandoz Pharmaceuticals Corp will fund part of the research of the Scripps Research Institute of the US in exchange for the right to commercialise discoveries. Sandoz Pharmaceuticals Corp. the US arm of Swiss drug and chemical company Sandoz AG, said it
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Eastman in new corporate structure
          87 20 Reuter ROCHESTER. New York Eastman Kodak Co said it will combine its corporate and Kodak Imaging Group statTs. The new corporate structure was unveiled by chief executive officer George M C Fisher. Kodak said in a memo to employees that Leo J Ihomas will remain
          Reuter  -  87 words
    • FINANCE & COMMODITIES
      • Article
        Bangkok Bank only one of Big Four to post 1st qtr profit fall
        407 21  -  Reports from Loh Hui Yin in BANGKOK AN APPARENT emphasis on quantity rather than quality and the higher eosts of funds appear to have dampened the earnings of Bangkok Bank in the first quarter of this year.
        407 words
      • Article
        Firm linked to bank to sign US$100m syndicated loan today
        423 21 A THAI securities and finance company affiliated to Bangkok Bank will sign a US$lOO million (S$ 155 million) syndicated loan in Singapore today. The loan had been awarded before the Thai central bank clamped down on the industry's foreign currency
        423 words
      • Article
        Lock icon First Rock, Northwest Illinois abort merger
        130 21 Reuter ROCKFORD, Illinois First Rock Bancorp Inc and Northwest Illinois Bancorp Inc have agreed to terminate their proposed merger. Termination of the April 9 accord to merge was unanimously approved by both companies' directors on May 14, the companies said yesterday. "This termination of
        Reuter  -  130 words
      • Article
        Lock icon Lloyd's 1991 losses fall to £2.05b
        233 21 Reuter LONDON The 300-year-old Lloyd's of London insurance market yesterday said losses for its 1991 year fell to £2.05 billion (554.7 billion). This takes the total losses suffered by the market's 30,000 or so traditional individual backers, known as Names, to £7.5 billion in
        Reuter  -  233 words
      • Article
        Lock icon Japan's regional banks shifting resources to Asia
        658 21 The Nikkei Weekly TOKYO Japan's regional banks are gradually pulling back from Europe and North America while expanding their networks within Asia, following a pattern set by their larger rivals, the city banks. The banks are being drawn to such locales as Shanghai
        The Nikkei Weekly  -  658 words
      • Article, Illustration
        Relaxed CPF rules give Prudential's earnings a lift
        285 21 SINGAPORE Prudential Assurance Company Singapore has reported pre-tax profits of $8 million for 1993, up 4 per cent from $7.7 million the previous year. Its total assets soared by 49.4 per cent to $1.58 billion. The company has declared policyholder bonuses of
        285 words
      • Article
        Lock icon NAB on track to beat BHP in profits
        278 21 Reuter MELBOURNE National Australia Bank (NAB) will stamp itself as Australia's most profitable company tomorrow when it reports a larger halfyear profit than two of its nearest banking rivals combined, analysts said. They said NAB should announce a net profit of between
        Reuter  -  278 words
      • SMALL CHANGE
        • Article
          Lock icon Japanese banker sees stable rates
          82 21 Knight-Ridder TOKYO Toshio Morikawa. chairman of the Federation of Bankers' Associations of Japan, said yesterday that short-term market interest rates in Japan will continue to stabilise at a low level for a while. Mr Morikawa said that long-term interest rates are expected to continue* moving
          Knight-Ridder  -  82 words
        • Article
          Lock icon Amex test-marketing new credit card
          69 21 Bloomberg Business News LONDON American Express Co, the US-based financial services company, is test-marketing a credit card in the UK aimed at people who don't hold an American Express charge card but do fit the cardholder profile, the Financial limes reported. The company has been
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Money manager launches mutual funds
          104 21 Bloomberg Business News BALM MORE A veteran US money manager, Ed Brown, who has more than 23 years of investment experience, has launched three mutual funds. Mr Brown, 52. runs Brown Capital Management, one of the largest minority-owned money-management firms, with about US$66O million (S$
          Bloomberg Business News  -  104 words
        • Article
          Lock icon NASD disciplines member firms
          106 21 Bloomberg Business News WASHING TON Brighton Financial Corp was expelled from the National Association of Securities Dealers (NASD), and a principal of the firm was barred from the securities industry. The disciplinary actions were among a number announced by the NASD, the self-regulatory agency for the
          Bloomberg Business News  -  106 words
        • Article
          Lock icon Bahrain bank posts 1st quarter earnings
          53 21 Reuter MANAMA Bank of Bahrain and Kuwait BSC, the second biggest commercial bank in Bahrain, reported a I.S million dinar (556.2 million) net profit in the first quarter of 1994. Shareholders' equity at the end of March was 73.6 million dinars. There were no
          Reuter  -  53 words
        • Article
          Lock icon Spanish banks' profits lowest since '85
          42 21 Bloomberg Business News MADRID Pre-tax profit of Spain's largest banks averaged 0.89 per cent in the first quarter of 1994, the lowest level since 1985. Banco Popular did best with a 3.09 per cent return. Bloomberg
          Bloomberg Business News  -  42 words
      • Article
        Lock icon China bans futures trading in main oil products
        467 22 Reuter SHANGHAI China yesterday banned trading in its three main oil produets as part of its effort to regulate its ehaotie oil markets and trading in key assets. Traders on the Shanghai Petroleum Exchange said they were notified of the ban after
        Reuter  -  467 words
      • Article, Illustration
        Lock icon Oil price rally runs out of steam — for now
        382 22 Oil price rally runs out of steam for now Reuter LONDON Oil prices fell by around 30 US ccnts on Monday as a rally which took them to five-month highs last week ran out of steam. But industry analysts said a trend that has lifted the value of a barrel
        Reuter  -  382 words
      • Article
        Lock icon US firms still eager to reap benefits of derivatives
        397 22 Reuter CHICAGO Despite a recent spate of bad publicity arising from derivatives deals gone bad, many US corporations continue to believe the instruments are a valuable tool to those with the expertise to use them. Of the executives at major US
        Reuter  -  397 words
      • Article
        Lock icon Price of tin expected to reach US$7,000 a tonne by year-end
        473 22 Reuter JAKARTA Tin prices arc expected to ride the current wave of soaring commodity prices to reach US$7,OOO (5510,843) a tonne by the end of the year as traditional sources of supply dry up and stocks are depicted, industry
        Reuter  -  473 words
      • Article
        Lock icon China to set up first gold market in Shanghai
        255 22 AFP HONGKONG China is expected to set up its first gold market in Shanghai late this year on an experimental basis, the Hongkong China News Service said yesterday. If the plan succeeds in Shanghai, the Chinese government would later allow the
        AFP  -  255 words
      • Article
        Lock icon S African gold output seen edging down in 1994
        219 22 Reuter NfcW YORK South African gold output will dccline only slightly this year, despite a drop of over 4 per cent in the first four months of this year, said Tom Main, chief executive of the Chamber of Mines of South
        Reuter  -  219 words
      • Article, Illustration
        Untitled
        1744 22 I iade-*ei*hieil imle\ itilculiUixl against Spores top 14 tradinf partners Ha* year l9Sf US$/S$ forward rates Noon May 17 s$ Bid Offer 1-month I 5486 I 3501 2-month 1.5482 1.5497 3-month 1.5477 1.5492 6-month I 5467 1.5487 Source OCUC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on May
        1,744 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        137 22 THE REGIONAL currency market saw little activity yesterday with the focus on the ringgit market. US dollar/SS was again quiet with trading confincd to 1.5495 to 1.5505. The ringgit market saw further US dollar short covering with stop losses trig- gered on a move above
        Charts by Dow Jones Telerate  -  137 words
      • Article
        Lock icon New York
        94 22 AFP NEW YORK The dollar was under pressure soon after noon yesterday in the absence of a Federal Reserve move to raise short-term interest rates expected in the morning. At about 12:45 pm (1645 GMT), the dollar traded at 1.6645 marks, down from 1.6700 in the morning and
        AFP  -  94 words
      • Article
        Lock icon London
        199 22 Reuter LONDON The dollar finished lower against the mark and yen in the foreign exchanges yesterday as the US 1-cderal Reserve held off from making any interest rates signals while its policy-setting Federal Open Market Committee met. The dollar by 1630 GMT settled to 1.6635 marks and 104.25 yen
        Reuter  -  199 words
      • Article
        Lock icon Crude futures fall below US$16 on profit taking
        166 22 ENERGY REPORT Reuter LONDON Benchmark Brent Blend crude oil futures slid below the psychologically important US$l6 mark as profit-takers dominated the market after a rally. London futures were pressured by technically led selling as traders blew out a sevenweek rally in world
        Reuter  -  166 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Nikkei futures edge higher in light trade
        1343 23 SIMEX REPORT Reuter SINGAPORE Simex Nikkei stock futures closed marginally higher as short-covering and position squaring ahead of the Federal Reserve's Open Market Committee (FOMC) meeting late yesterday pushed prices off their morning lows. Trade was thin, with the upside capped by uncertainty
        Reuter  -  1,343 words
      • Article
        Tin closes up after jump in LME
        611 23 COMMODITY REPORTS Tin THE metal rose further to close 31 sen up at MS 14.52 a kg. after a jump in London Metal Exchange (LME) prices attracted speculative and buying from local and foreign players, traders said. Tin futures were quoted higher in
        611 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Trial bauxite shipments to China
          95 23 TOKYO Indonesia's state-owned PT Aneka Tambang has begun trial shipments of bauxite to China, aecording to a senior company official. Aneka Tambang will ship 48,000 tonnes of bauxite to smelters in China this year, the official said, adding that it was only a "small amount."
          95 words
        • Article
          India sugar imports to rise
          101 23 NEW DELHI India's white sugar imports are seen to rise to between 600.000 and I million tonnes in the current 1993-94 (Oct-Sep) season, from an earlier estimate of 500,0(X) tonnes because domestic output is likely to be lower than forecast. S L Jain, secretary-general of
          101 words
        • Article
          Rise in copper prices under threat
          72 23 HONGKONG The sharp rise in copper prices may be abating, with at least some traders here bracing for a correction. They said a further decline in London Metal Exchange stocks following Friday's 21,700-tonne drawdown would help underpin the rally that has swept copper prices
          72 words
        • Article
          Taiwan's pork exports up
          80 23 TAIPEI Taiwan's pork exports reached 22,390 tonnes in April, up 11.4 per cent from 20,106 tonnes a year before, the Council of Agriculture said yesterdav. The exports were worth U*****.18 million (S$ 194 million). For the first four months this year, pork exports totalled 74,210 tonnes,
          80 words
    • Article
      COMMODITY PRICES
      1429 23 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 94 I I 153.75 I U75 Jul 154 00 2800 Aug 154.00 1950 Sep 154 00 3575 Oct/Dec 154.75 154.50 154.75 450 8775 RSS
      1,429 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1162 24 -14.9 AFTER jumping 2 per cent on Monday, the Australian bourse slumped yesterday as profit-tak-ers moved in and investors were spooked by fears of a possible interest rate hike in the US, dealers said here. The All Ordinaries index closed 0.7 per cent or 14.9 points down at 2,096.0,
        1,162 words
      • Article
        Manila
        624 24 +34.20 The Philippine stock market recovered yesterday, buoyed by a rise of the Dow Jones and the share price of Philippine Long Distance and Telephone Co (PLDT) in New York, analysts said. The Philippine Stock Exchange composite index climbed 34.20 points, or 1.17 per cent, to close at 2,936.41.
        624 words
      • Article
        Taipei
        585 24 -98.95 Taiwan stock prices closed 1.62 per cent lower in active trade on profit-taking alter recent rally, led by Financials, broker said. I he index ended down 98.95 points, oil a 6,009 low, at 6,015.83 in active turnover of NT567.29 billion. Financials led the falls, with China IX-velop-mcnt down
        585 words
      • Article
        Bombay
        109 24 -41.92 The Hombay Stock Exchange 30-share index ended 41.92 points down at a provisional 3,802.17 as index-weighted shares fell but brokers perceived a steady trend as most other prices were unchanged after a dull session. Ihe 100-share national index fell 15.80 points to 1,855.95. "There is selling in the
        109 words
      • Article
        Seoul
        481 24 +5.21 The composite stock index finished higher in moderate trading in what brokers described as a technical rebound in reaction to recent consolidation. The index added 5.21 points to 946.87. "The market staged a rebound following a three-day-long decline," said W K Ixc of Jardinc Fleming. "Liquid institutional investors
        481 words
      • Article
        New Zealand
        348 24 -8.21 Share prices closed mostly easier in a day where turnover was dominated hy Fletcher Challenge. I-'CL closed one cent stronger at NZ$3.9O and dealers said there was good demand in FCL from overseas including one line of a million traded off-market at NZ53.97. Ihe NZSE-40 capital index
        348 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        765 24 Britannia Funds Sterling Cnh Bid (MTrr Mim < jp Depocil IX 6400 3* ft500 Mini Jcncy C.ilt 0 184) O.IW Mini Mh lko«c 0 1*1(1 0 4400 IS$ ash Income Ptirs Fund 9 8600 10 MOO PS J KctenefumJ 5 2600 5 2700 Sterling Kqaily Furo Performance 0 4542 0
        765 words
      • Article
        London
        640 24 7.9 UK stocks rose amid speculation about the scale of the next rise in US interest rates, expected late yesterday. The Fr-SE 100 Index of leading stocks closed 7.9 points higher at 3123.5, after shaking off an initial 9.2 decline. On Monday the index fell 3.6 to 3115.6. News
        640 words
      • Article
        Paris
        168 24 +7.47 French shares ended a lacklustre day higher, following a late flurry on the futures market which reflected a strong Dow Jones Industrial Index on Wall Street and higher Treasury bonds. Market had been lower for most of the day. Trade was subdued as players were awaiting the outcome
        168 words
      • Article
        Stockholm
        146 24 +0.62pc Swedish shares ended the day higher with Astra and Volvo _in focus ahead of their first quarter earnings results. "We arc waiting for so many things. First it is Astra's result after the close, then the Federal Reserve meeting and tomorrow Volvo's result before the opening," a broker
        146 words
      • Article
        Frankfurt
        148 24 •11.40 German shares closed the low-volume bourse session lower as investors held oft. wary of bond market reaction to a possible US interest rate rise. The DAX ended at 2,259.71, down 0.50 per cent or 11.40 points. Frankfurt May 17 i)M VTVg 110 JO t 20 B.w UMt 10
        148 words
      • Article
        Brussels
        161 24 -1.47 Belgian shares closed frac- tionally lower as investors were reluctant to enter the fray ahead of a possible US interest rate hike. The Bel-20 index of leading shares elosed 0.10 percent, or 1.47 points, down at 1,536.33 points with a modest 1.6 billion francs worth of Belgian shares
        161 words
      • Article
        Milan
        175 24 +215 Milan shares brushed oft" worries Silvio Berlusconi's new government might lose today's vote of confidence in the Senate, rising strongly on the first day of the new June trading account, dealers said. The Milan market's blue chip Mibtcl Index rose 215 points, or 1.7 per cent, to 12,810.
        175 words
      • Article
        Amsterdam
        259 24 +0.81 Dutch stocks closed higher as investors bought publishing and financial shares, which analysts said looked cheap. Publishers Woltcrs Kluwcr NV and Elsevier NV, insurer Aegon NV, and ABN Amro Bank together pushed the Amsterdam EOE Index 2.1 points higher. The index, composed of the 25 most traded stocks,
        259 words
      • Article
        Zurich
        280 24 16.5 Swiss shares ended higher as firm Roche. Nestle and Zurich Insurance pushed the bourse indices up. dealers said. The Broad SIM index was up 7.42 points at 1,783.30. The Blue-chip SMI index was up 16.5 at 2,725.5. Traders said volume was moderate as the market awaited the outcome
        280 words
      • Article
        Johannesburg
        346 24 -74 South African shares ended generally lower in mostly sluggish trade as small sellers came to the fore amid a lack of buying interest from local and offshore players. Dealers said gold's push above US$3B2 an ounce had done little to buoy the market as it corrected from recent
        346 words
      • Article
        Toronto
        263 24 10.40 Stocks continued to climb at midday, buoyed by strong gold and base metal shares, as players await the outcome of the Fed meeting. Strong groups led by precious metals and consumer products offset declines in transportation and communications. I'he TSE 300 composite index rose 10.40 points to 4218.70
        263 words
      • Article
        New York
        793 24 +7.37 Blue-chip stocks were mixed at midday yesterday in nervous trading as investors awaited an expected interest rate hike by the Federal Reserve. The Dow Jones industrial average was up 7.37 points at 3,678.87 at I pm LDT on light New York Stock Lxchange volume of 150 million
        793 words
    • Article, Illustration
      Lock icon HONGKONG
      3202 25 Bloomberg Business News HONGKONG The benchmark Hang Seng Index fell 2.26 per cent as investors were concerned that China's detention and subsequent release of prominent dissident Wang Dan will hurt its chances of getting the US to extend its most-fa-voured-nation trading status. China's move in the morning unsettled market
      Bloomberg Business News; Source: Bridge Info  -  3,202 words
    • Article, Illustration
      CHINA
      591 25 THE Shanghai B markets rose 1.0 per eent yesterday. The CLSA B index closed at 713.60. up 7.23 points. Turnover reached U555.75 million, (558.91 million) but 60 per cent was accounted for by Jinqiao and Diesel Engine. Individual shares' performance was confined to a small range. Haixin surged by
      591 words
    • Article, Illustration
      Lock icon TOKYO
      2588 25 Bloomberg Business News TOKYO Stocks declined after the yen rebounded and uncertainty mounted over whether US interest rates would head up yesterday and, if so, by how much, traders said. The benchmark Nikkei 225 average fell as much as 121.03 points to 20,067.41 before closing down 54.91 points, or
      Bloomberg Business News; Source: Bridge Info  -  2,588 words
    • Article, Illustration
      Lock icon BANGKOK
      1824 25 AFP BANGKOK The Stock Exchange' of Thailand (SET) continued to rise yesterday on the strength of first-quarter earnings which listed companies announced on Monday, gaining 12.01 points or 0.93 per cent to close at 1.302.85. one broker said. Trading was up slightly over Monday, with 98.4 million shares worth
      AFP; Source: Bridge Info  -  1,824 words
    • Article, Illustration
      Lock icon JAKARTA
      1176 25 Bloomberg Business News JAKARTA Indonesian stocks rose as investors, cheered by strong corporate reports, shrugged off interest rate concerns and bought stocks that looked cheap. The Jakarta Stock Exchange Composite Index, which tracks all stocks, rose 3.91 points, or 0.8 per cent, to 471.774. The GTDBS 50 Index, which
      Bloomberg Business News; Source: Bridge Info  -  1,176 words
    • Article
      CLOB INTERNATIONAL
      2793 26 _MOST ACTIVE volume Mulphj Intl MX .1.017.000 IdnsHvdMX 1.884.000 K H MX 1.347.000 Kjinunling MX 1.449.000 Am 1.401.000 ticrja\a (nx>up I..04.000 Kcnong Bhd MX 1. 173.1100 Hci|a\j Ind I.I4J.000 Cicnling Int USS 1.0'5.000 Lien Hoc rSK")7 tJMII) Muki-Putpusc <>14.000 WOkMClWlf) *)l i»»l Simc Darbv MX 888.000 MOST ACTIVE
      2,793 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices steady as market awaits US rates rise
        6275 26 Bloomberg Business News KUALA LUMPUR Stocks were little changed as investors postponed any major trades ahead of an anticipated increase in US interest rates. Investors are jittery since stocks in the region and in the US may fall further if and when
        Bloomberg Business News; Source: Bridge Info  -  6,275 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7511 27 MAIN BOARD Transaction date: May 17 Gr (if |9*M Ijmi V ol Day IjmI (>>•*• IN* IM* \W Net M Cap High Low Company Sale ("000) High Imd Buyer Seller S CVr P/K Smil INDUSTRIAL AND COMMERCIAL 1350 206 I s Acma 880 cd unch 32 885 880 880 885
        7,511 words
      • Article, Illustration
        Lock icon Buyers return as market discounts US rate rise
        1922 28  -  By R Sivanithy SINGAPORE Rising interest rates arc supposed to hurt stock prices, but trading here yesterday and in the US on Monday were both examples of a unique situation where investors betted on an interest rate hike helping equities. Anticipating that
        Charts by Bridge Info; Source: Bloomberg  -  1,922 words
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      694 17 NEWS VALUE How today's news might affect your stocks Alan Yeo petitions court to dissolve YHS Holdings (pg l) Situation getting messy. But the Ng Teng Fong factor should continue to underpin price of Yeo's shares. Fed makes market edgy as it meets to decide on rates (pg I) The
      694 words
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      77 18 KENNEDY-WILSON INTERNATIONA L„ REAI, ESTATE MARKETING AND INVESTMENT SERVICES Tender Sale PRIME U.S. COMMERCIAL REAL ESTATE An outstanding collection of commercial real estate located in Los Angeles, New York, Dallas, Miami, Seattle and other major U.S. markets. AN EXCELLENT INVESTMENT OPPORTUNITY Office Buildings Arcades Development Luxury Manhattan Broker SEALED BIDS
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      6 18 Dividends table has been held over
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      496 19 8,000 people will have a chance-of-a-lifetime on the 7 sails Sail area: 2,500 sq.m.- m ,/jjk largest cruise ship powered f\ N T\ Length Of Ship j|' -f 187 metres-the largest Ir i: Jl 1 J:> sailboat in the world |s 4\ mM rj te v r J- 1 X:!
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      90 20 -J-**' &fi| F H| i HMM i, tj mL I if R I J'4* I WBi Uttfl I < Bl J iftim M ipinw*- I r**• 51 I;:• *«i K f |H I I rl 1 .^i -g MB M Hr 4^s „S U 10 t,mes a week ou can
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      134 21 INVESTMENT OPPORTUNITY Expressions of interest no later than Ipm, June 3rd, 1994 at the offices of Jones Lang Wootton. KEILOR. THE BEST COUNTRY IN TOWN. Old Calder HwyKeilor Sought after residential district, close to major parklands, private and government schools and shopping/community centres. We are seeking imaginative submissions for the
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      Page 21 Advertisements Column 2
      305 21 You* Invitation to the Wf>ftLD or f UN SM/Eff 8-9 JUNE 1994 HOIGIOI6 CiIVEITIII lEXNIIITIOICEITIE WAN CHA I. HON 6 KON6 VISIT THESE EXHIBITING COMPANIES: If Asahi Seiko USA, Inc r Bay Tek. Inc f R H Be lam Co. Inc. Betson Enterprises Bondeal Sales Intl Ltd t Bob's Space
      305 words
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      119 23 BUSINESS TIMES TOLL-FREE TEL. No. 1-600-741-1883 FAX 7AI-1298 NOTICE To the holders of the U.S. $200,000,000 Floating Rate Note 9 Due 1997 of: BANK OF CHINA (Zhongguo Yinhang) 410 Fuchengmennei Dajie Beijing People's Republic of China We hereby certify that the rate of interest payable on the above mentioned Floating
      119 words
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      Page 23 Advertisements Column 2
      33 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing Figures are carried instead. /37-H66 jS to place esfo i a quick- c .a!t.s. •*<"Hnc| ad. 717-11»6|
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      25 24 flHHEggnagsH|HHHLK^*^^]V^H ii^l ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01 -18/20 ORCHARD ROAD TEL: 23S 2536.
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      35 25 I(pff(p(p(p(fififif(fif[f(f(p [p f tp (p (p (f (f (f (f (p ff-i Send a corporate brochure with a Global Flavour Come to the corporate brochure and annual report experts Myv/7v3^x Good design makes the difference!
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      69 26 CITIBANK OFFERS SPECIAL RATES OF UP TO 4.75% ON TIME DEPOSITS. From now until July 31, take advantage of some of the best rates in town on both Local Dollar Time Deposits and Unfixed Time Deposits. With a minimum deposit of $50,000, enjoy Citibank's special rates by calling our 24-Hour
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      4 26 Tomorrow in Business Times
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      34 27 Johnston Murphy. A heritage of excellence since 1850 Gaieties Lafayette Isetan Orchard Isetan Scotts Robinsons Takashimaya EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. ■r 1 Business Times
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      558 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF ROSE COMPUTERS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held at 460 North Bridge Road, #04-03, Singapore 0718 on the 12 May
      558 words
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      316 28 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTER Of THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of ATEUER MORIER FASHION PTE LTD (in Members' Voluntary Liquidation) At an Extraordinary Oeneral Meeting of the Company held at 27 Cantonment Road Singapore 0208 on 14May 1994 the following
      316 words
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      72 28 This announcement appears as a matter of record only. May 1994 PACIFIC CAN INVESTMENT HOLDINGS LIMITED (Incorporated in the Republic of Singapore) RIGHTS ISSUE OF $20,834,886 2.5% UNSECURED LOAN STOCKS DUE 1999 WITH 20,834,886 WARRANTS Manager and Underwriter QDBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD Co-underwriter Phillip Securities Private Limited
      72 words
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      398 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MOTT MACDONALD ASIA SERVICES PTE LIMITED (In Members' Voluntary liquidation) At an Extraordinary General Meeting of Mott Mac Donald Alia Services Pte Limited deemed to be held pursuant to Section 179(6) of the Companies Act, Cap.
      398 words
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  • Shipping Times
    • Article
      Manila terminal operator puts off 2b peso upgrading plan
      437 29  -  By Alec Almazan SINGAPORE International Container Terminal Services (ICTS), a listed firm owned partly by US transport giant Sea-Land, has shelved a 2 billion peso (S$ 113.4 million) upgrading plan at Manila container port because of a row with the government.
      437 words
    • Article
      Lock icon Valdez skipper's colleagues criticise his actions
      371 29 Router ANCHORAGE, Alaska Colleagues of Joseph Hazelwood called to the witness stand in US District Court on Monday criticised the former Exxon Valdez captain's actions on the night his supertanker ran aground to cause the nation's worst oil spill five years ago. Hazelwood's repeated
      Router  -  371 words
    • Article
      Lock icon Singamas Container suspends share trading
      189 29 Bloomberg Business News HONGKONG Trading in shares of Singamas Container Holdings, a maker of dry freight shipping containers, was suspended on the Hongkong stock exchange at the company's request, pending an announcement. In a statement yesterday, the exchange said the suspension was effective at 10am
      Bloomberg Business News  -  189 words
    • Article
      APL, Mexican carrier in slot-exchange tie-up
      141 29 SINGAPORE American President Lines (APL) and Transportacion Maritima Mexicana have secured the US government's approval for a slotexchange tie-up to link Asia and the west coast of Mexico. The new weekly fixed-day containership service started this month, after a cooperation agreement was signed late
      141 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1096 29 Page Col ABC Containerize 16 4 Accord Group 8 1-3 Ahrcnkicl Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 Antaco Mgmt 17 1/2 APL 5 3-5 Appcnship 8 4/5 Arabian Express 15 3 ASCL 5 5 Assisl Marine 6 1 Avant Shpg
      1,096 words
    • Article, Illustration
      Lock icon Hyundai's big plans
      50 29 Reuter L'LSAN, South Korea W elders at South Korea's Hyundai Heavy Industries (HHI), which runs the world's biggest shipyard, work on a very large crude carrier in the dry dock of the company's Usan plant. HHI aims to be the world's leading integrated heavy industry manufacturer. Reuter
      Reuter  -  50 words
    • Article
      Keppel's Gulf associate may expand
      417 29  -  Arab Heavy Industries considering upgrading Ajman facilities By Dexter Lee SINGAPORE Keppel Corporation's shiprepair associate in the Persian Gulf, Arab Heavy Industries (AllI), is considering a multi-million dollar expansion of its facilities in Ajman. AHI general manager Toh Ko Lin says the yard is operating
      417 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        473 30 Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Montan Q3A04 P09A alongside 19 OS 0200 Oe* lestari 045 111 alongside 1805/2200 Quynhon 03/94 P04 alongside 1/05/1900 OmGhiu 05/02/92 111 alongside 18 05 2300 Sab* Kasiha *****4 POIA alongside 18 05/2300 Owi Sanpuma
        473 words
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        CONTAINER SCHEDULES
        1551 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From ACX Daisy 0528 20/2000 2A 17/1700 18/0659 18/0900 28 1//1/00 18/0659 18/0900 3 18/0/00 18/1159 18/1400 4 18/1200 18/1459 18/1/00 Aci
        1,551 words
    • Article
      THE SHIPPING GUIDE
      12461 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGENO I'N: ship calls at Pcnang after
      12,461 words
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      Lock icon Norwegian underwriting: still a long way to go
      830 46 Although 1992 was a profitable year for Norwegian marine insurance companies after a long period of losses, they must continue to take a hard line with Norwegian shipowners and focus on quality, and hence price differentiation Fairplay NO R VV i; G
      Fairplay; Source: Norwegian Hull Statistics 1993  -  830 words
    • Article
      DAILY FREIGHTS
      1169 46 TRADING began slowly on the freight market on Monday with some brokers nervous that this could herald an easing in rates for Atlantic Panamax tonnage. There is still no evidence of Russian grain buying which many had seen as underpinning values over the summer months. One grain charterer's
      1,169 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Philippine govt closes four airports
        225 48  -  By Alec Almazan SINGAPORE The Philippine government has o.rdered the closure of four domestic airports for gross violation of safety standards. The Air Transport Office has closed Dipolog, Baeolod, Cauayan and San Jose because civil aviation rules "have been violated and are continuously being violated
        225 words
      • Article
        Lock icon No need for new runway at Heathrow: UK airport operator
        237 48 Reuter LONDON The British government should drop any idea of a new runway at London Heathrow airport, the busiest international airport in the world, because of the environmental impact, the firm which runs Britain's airports said on Monday. Airport operator
        Reuter  -  237 words
      • Article
        Lock icon United revives cuts threat if buyout collapses
        447 48 The Washington Post WASHINGTON United Airlines Inc is reviving its threat to trim operations and cut thousands of workers in response to last-minute union efforts to renegotiate some of the financial conditions of the US$4.5 billion (556.5 billion) employee buyout of the company.
        The Washington Post  -  447 words
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        Lock icon Derailed
        49 48 Reuter RALEIGH, North Carolina Cars from an Amtrak passenger train lie scattered over railroad tracks in Smithfleld, North Carolina, on Monday after a collision with a freight train on another track. One crew member was killed and about 370 passengers and crew injured, 11 of them seriously. Reuter
        Reuter  -  49 words
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        Lock icon Lufthansa set to turn around after 3 years of losses
        409 48 FT FRANKFURT Lufthansa is heading back towards profitability after three years of losses, according to the German airline's chief executive. Jurgen Weber said yesterday he hoped that the airline would make a profit for the current year which would enable
        FT  -  409 words
      • Article
        Lock icon Most US domestic airlines devalue frequent flyer miles
        618 48 NYT NEW YORK Most of the domestic airlines are devaluing their frequent flyer miles, effective next year. The most conspicuous change, first by United, then by American, USAir and Continental. is an increase in the "price" of a domestic coach ticket, probably
        NYT  -  618 words
      • LOG BOOK
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          Lloyd's Register opens Vietnam office
          44 48 SINGAPORL Lloyd's Register has opened an office in Vietnam to meet growing surveying and classification needs of the country's offshore oil industry. Lloyd's Register said its Vung Tau office is working on certification of Vietnam's first offshore gas project.
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          K&N's German unit gets ISO 9001
          53 48 SINGAPORL Kuehne Nagel's German subsidiary has become the third member of the transport group to achieve ISO 9001 certification, following similar success in The Netherlands and the UK. Kuehne Nagel said it hopes to include its Asian subsidiary in the list by the end
          53 words
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          Lock icon Caledonian airline rejects deal
          89 48 AFP NOUMLA New Caledonia's international airline on Monday rejected a wide-ranging draft agreement with Air France, saying it had received "insufficient guarantees" from the French flag carrier. The board of directors of Air Caledonie International (ACI) said in a statement, however, that it would continue to
          AFP  -  89 words
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          Lock icon Peugeot, Fiat inaugurate minivan plant
          89 48 AP PARIS Peugeot Citroen SA and Italy's Fiat inaugurated a factory on Monday in northern France that will jointly produce a minivan aimed a competing with the successful Espace built by France's Renault. Peugeot's chairman, Jacques Calvet, said the factory in Valenciennes will employ 3,500
          AP  -  89 words
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          Lock icon McDonnell gets US$102m Navy contract
          67 48 Bloomberg Business News ST LOUIS McDonnell Douglas Corp said on Monday it won a US$lO2 million (SS 158 million) contract from the Navy to convert four old Harrier attack planes into night-capable Harrier II Plus aircraft. The contract marks the beginning of a planned USSI.7
          Bloomberg Business News  -  67 words
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        Lock icon 500 freight firms open accounts with Eurotunnel
        344 48 AFP. Bloomberg Business News LONDON Between 500 and 600 British companies have opened an account with Eurotunnel to transport freight through the Channel Tunnel, a spokesman for the British Freight Transport Association (FTA) said on Monday. But this did not mean that they
        AFP.; Bloomberg Business News  -  344 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1420 48 aty FHM n* Fight CTO Abu OtaM 0K510 1900 0K5H 2255 Adelaide SQ227 2030 Amman RJI82 1445 RJI83 2230 Amsterdam KL837 1450 KL832 2300 GA895 1450 SQ324 2345 SQ323 1815 Auckland NZ21 1820 NZ22 1825 SQ288 2040 SQ285 2045 Bahrain GF149 0650 B Seri Begawan *****
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      48 29 Drager SAFETY EQUIPMENT \MW (SOLAS AITRtJVFD) PA9O MARINE )||BKl Specifically Designed Hrcaihing Appaialus 1-of Maritime Applications HfH IWH QUALITY -HIGH PERFORMANCE HIGHLY AFFORDABLE dHHBL SMT Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fa*: 773 2033 Tin: RS ***** DWSINU
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      27 29 y^MSy Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. J for advertising enquiries, contact Shipping Tunes: Tel 740-2089/740-2090
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      Page 29 Advertisements Column 3
      32 29 Norwegian underwriting: long way to go, Fg 18 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE Business Times WE KHOW ASIA
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      19 29 VISA FREIGHT SERVICES PTE LTD i/r THE TOTAL TRANSPORTATION PEOPLE 0 1800 *****66 •4 Philippine airports closed, Back page
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      428 30 TSKUNE AGENCIES (S) PTE. LTD. r I 1 Tel: 226-3363 J. UL\Hr Fax: 226-1972/3 t T|x; RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I j I EXPORTS TO HtiHfiKdHfi. MANIA. TAIWAN t JAPAN "TWICE WEEKLY" ~1 on— KIT rut rai «t I I m iw mi ng mi
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      Page 30 Advertisements Column 2
      1547 30 IHMCT TO UM WIT COtlT HCIHMM CALWWM BWIWI I T<? KA4Y MffP*TIKBAHff4H (PVMi OOffTAffHffl WKVICTI I »gn STOK LA OA* gj SEA Ml HOUSIM CHC M Mrnrn *SSfl VOY NO STOW D4METH PKAEUS' BTMBUL' HUXMOM' IflW* PT SAO* KMT* UITIKIt* MDSM UK CALIFORWA SATURN V 65 18 19 5 4
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      Page 31 Advertisements Column 1
      2118 31 mm OOCL (S) PTE LTD JAROINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. TEL: *****13 FAX: *****42 PETAUNG JAYA TEL 03-*****76 FAX 03-*****42 DOCUMENTATION TEL: *****55 <INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL *****6 ytt BOOKINGS TEL: *****80 *****81/ *****82 'POH TEL: *****3/4 FAX *****6 CUSTOMER SVC TEL
      2,118 words
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      Page 31 Advertisements Column 2
      2335 31 mamssassm MAERSK LINE'S VERY OWN SERVICE TO EAST COAST OF SOUTH AMERICA MAREN MAERSK V.9406 ETA SIN 24TH MAY 1994 ANDERS MAERSK V.9408 ETA SIN 25TH MAY 1994 Vessel Voy ETA ETO Feedered by ctTlt. DESTINATIONS TN» MM MARfcN MAERSK V 9406 I CFS 23/05 2359 MBS JOH LPK PEN
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      1654 32 AOARA R'DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H'BUOG A WERE 1 HAVRE VIfEST MALAYSIA 04/1 19 12/5 —_L_!i L±. v V Port Kelang Penang LUOWIGSHAEEN EXPRESS 13/319 21/5 30/5 6/6 8 6 11/6 13/6 15/6 Paslr Gudan'g FRANKFURT EXPRESS 73/120 25/5 11/6
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      Page 32 Advertisements Column 2
      668 32 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Ooqharun) C.1.5./RUSSIA: Vo tochny, Vladivostok, Moscow, I Baku, Tashkent, Irkutsk, Alma Ata, Ashgabad, Dushanbe, Kiev N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN DKR Ned Asia V.2154 24/05 29/06 Ned Oceania
      668 words
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      Page 32 Advertisements Column 3
      1385 32 I norashT NORASIA SAMANTHA 9419 3 U/05 08/06 11/06 12/06 13/06 14/06 15/06 16/06 W/06 NORASIA SUSAN 9420 3 27/05 1//06 20/06 21/06 22/06 23/06 24/06 25/06 26/#* 06 I NORASIA SINGA 9421 3 01/06 22/06 25/06 26/06 2//06 28/06 29/06 30/06 01/07 81/Q7 I NORASIA SHARIAH 9422 3 08/06
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      1806 33 STRAITS SHIPPING PTE LTD ■£§§*10 Ho« Chiang Road #11-01 Keppel Towers MKU Singapore 0208 Id: *****88 Fax: *****17 new guinea pacific line TSw (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SJUIS STRUTS Put* YOBE Mura. lab. KK 19-20 May 21 May 22 May FCL. LCL CONTAINER ANO BREAK BULK
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      Page 33 Advertisements Column 2
      2785 33 m SINGAPORE AGENT: IXfivfl -g y|pf«r P&O Containers (Singapore Agencies) Pte Ltd A VXV/ 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT IMPORT VESSEL VOV 95 "PKO SM SOU AMI HOT HAM GOT
      2,785 words
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      Page 33 Advertisements Column 3
      8 33 HO CHI MINH TEL: *****26 FAX: *****27 LENNON
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      35 33 VESSEL ETA ETD DESTINATION SONO TIEN 02 21/09 23/06 HO CM) MINH NMUT TAO 20/06 30/03 HO CHI MINH SUBJECT TO INDUCEMENTS VIETHONG SHIPPING PTE LTD TEL: 22S 1511 FAX: 225 0633 TLX: R*****1 VIETHK
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      Page 34 Advertisements Column 1
      605 34 GENERAL AGENT Cfl NO 1162/81-***** EKA JAYA AGENCIES >Jlar TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE Lip chi WWM CITY PA<atn lHAWPtione/pwecT HtNflY MQK UMK4 7275m/534i»«4 KELVIN CHAN U***** MM722/*****«3 iHWtt IMM7B ►TO VIETNAM/HCMC W CONTAINER-FEEDER QPRVirP CENTER-POINT maaa 7 LINES KSStI mi U» STOW HOT tl»
      605 words
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      Page 34 Advertisements Column 2
      1623 34 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FM VSI SIN ILUC HAUL St* TV* POX FM VS. SM jIME HAUL SAV Ul NYC EUROPEAN SENATOR 001E 20/5 04RECT 10/6 il/6 QBflflAH SENATOR 001E 20/5 H. KOBE 0501 23/6 24/« 26/6 HANJIN KAOHSIUNG 016E
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      Page 34 Advertisements Column 3
      1366 34 I -j -I Ipkl s® use as uc pus mii osn nst m tyo uu chs ui ntc im m km nr «s no cm l onus rem n/i l/t c/t 1,6 lo,< u/6 i</« is,6 u/6 u/i n/c a/s u/; h/j is/7 nn nn nn nn a/* T C
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      Page 35 Advertisements Column 1
      2498 35 |l PLEASE CALL II 11 NEPTUNELINK (1800 *****00 TOLL-FREE) ll IrfSl II FOR THE FOLLOWING INFORMATION: HI VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ II FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ HI AVAILABILITY OF DOCUMENTS FOR COLLECTION HI fXPOffT 70} PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US GOLF MIDWEST USfC CANADA VCSSCL "vov'
      2,498 words
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      Page 35 Advertisements Column 2
      1148 35 A I MULTILINE SHIPPING PTE LTD mm (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
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      Page 36 Advertisements Column 1
      923 36 AS AGENTS: "IT LINE (SINGAPORE) PTE LTD (01 NO: **********0M/GST REG NO: M 2-*****99-6) F TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 1 W T Mj* MALAYSIA K" LINE MARITIME (MALAYSIA) SON BHD M IWrj TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SARANA LAUTINTERNUSA.
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      Page 36 Advertisements Column 2
      239 36 Continental Pacific Shiooina 8 r TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU STORE PK LOAOMG FOR WORLD AJAX SID SID SID FLU/ROT/ANT/UK WORLD ARGUS MPT 25/5 30/5 FLU/ROT/ANT/UK/ BELFAST FLAG TOM 12/6 16/6 20/6 FIU/ROT/ANT/UK Loads Sabah/Monesta C R NO. **********0H CONTIPAC SHIPPING PTE LTD T«<: *****32 Fax: *****49 P.K. MULTIPORT
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      Page 36 Advertisements Column 3
      267 36 ITFSX FOOMG SUN V SHIPPING (PTE) LTD. WHOLESALE CENTRE, BLOCK 1, #0310 SINGAPORE 0511 BOOKING/ENQUIRIES CR NO: 1096K*****W TEL: *****55 (wins- OUTBOUND) *****77 6imes-INBOUND FAX: *****19 TELEX: R8 *****/***** F3BHIP ftssa wr eh no ocsTmnow WITT ANN 6/94 23/5 21/5 PMJU/PM.EMBANG SEAMAR 7/54 23/5 24/5 PONTIANAK/SINTETE GULF SULTAN 9/94 1/6
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      Page 36 Advertisements Column 4
      1118 36 ©APPENSHIP HAMBURG CONVENTIONAL A INDEPENDENT LINER SERVICE V—X EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOAOMG POUTS MSCHAKGE/lOAMNG FOR PAKHOM MAKARENKO HAM 10/04 SPORE 21/05 Z ECUADOR HAM 27/04 SPORE 16/06 TBW ANTW 28/05 SPORE 04/07 KOALA CONTAINER LIME 7 STORE ax HAM RIM LEH CS AUSTRALIA 4605
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      Page 37 Advertisements Column 1
      1056 37 rrf rn'mmmm pacific international lines (pte) ltd ri'J 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CR NO: *****6rOOOOE I IW MilijM atyt*" ffi VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN EQUATOR CRYSTAL 05N 21/5 24/5 28/5 SINO MARINE 4301 2S/S 25/5 29/5 KOTA SABAS SB2IN
      1,056 words
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      Page 37 Advertisements Column 2
      1006 37 vtssus voy sm it h*m Hamburg ihamis romlmmm aniwirp Will DAQUKA AOJW 20/0% 11/06 13/06 14/06 15/06 17/06 VUlt DHTDRA HO3W 24/06 15/06 17/06 11/06 19/06 21/06 Vtlt 01 LYRA YO3W 30/04 21/06 23/06 24/06 25/06 27/06 I Vtlt 01 VtGA GO3W __10/06__ 30/06 02/07 03/07 04/07 06/07 'ALSO ACCEPTING
      1,006 words
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      Page 37 Advertisements Column 3
      846 37 I BSA iiT mm. MYANMA ■BBk five star line (Myanmar National Line) Loading for Yangon (Rangoon) S pore P Klg Pen P Gdf MERGUI VI23W Sid PAGAN V 209 IN In Port MYOMAYWA VIS2W IS/20 May HP* AN V2O2W 20/22 May MALAYSIA AGENTS BOUSTEAD SHIPPING AGENCKS KU. TEI 03 *****00
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      Page 40 Advertisements Column 1
      3023 40 SINGAPORES GENERAL AGENTS MALAYSIA'S AGENTS -ffigLT I JNf I 1 COSTAR SHIPPING PTE LTD Chung Cki*> S*pp,«g S4n BU DIRECT SERVICB" j&jj 2 Mtstri Road, HMC BUg *15 00 Support 0207 Mtki line: Part KHing 368 8106 ds? ■T- A vf.". &2 CR NO: U*****000M UCR CCSU Kutlt Lumpur 03-241
      3,023 words
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      Page 40 Advertisements Column 2
      179 40 /<Limorbuu*\ I NOBBULK CARGO SOftrtCF S LTD. I I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD lOAONG FOR I ADAMASTOS SjM Sited FLU'ANT NAN/UK I AGAMEMNON 10/6 15/6 ROM/ANT/UK I ISP PK LOAWNG FOR NORBULK TBN 24/6 2S/6 OBN/CPT/EL I ALSO LOADS TAWAU. KK, TG MAN! I PK SNK/SABAH LOAOMG FOR
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      Page 41 Advertisements Column 1
      765 41 Famous container lines 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S PORE 0207 ■f&r HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 22/5 ROTTERDAM 23/5 AARHUS/COPENHAGEN 22/5 HAMBURG/BREMEN 22/5 MARSEILLE/FRANCE 19/5 FELIXSTOWE/UK 21/5 BARCELONA/SPAIN 23/5 LEHAVRE/FRANCE 23/5 GENOA/ITALY 23/5 ANTWERP/BELGIUM 23/5 LOS ANGELES/WC/IPI 21/5 SYDNEY/MELBOURNE 19/4 NEW YORK/EC 21/5 FREMANTLE/ADELAIDE 20/5 VANCOUVER 20/5
      765 words
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      Page 41 Advertisements Column 2
      1897 41 ■g 1' M'f 1 1 vessel yov sin pln 1 ISRA BWUM 51® En Tu 24/5 S OEJA BHUM 4581 Fn 20/5 Sat 21/S VOY SN BKK BHATRA BHUM 308 S.t 21/5 Tua 24/5 KOTA SURU SRI7N Sun 22/5 Tu. >4/8 M ■I MAMA BHUM 210N W«d In PI Sat
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      1684 42 PENANQ: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ; (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 f I HKG/TWN/BKK GENOA/EUROPE 1 PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN J 20/5 21/5 22/5 Hong Kong Genoa/Barcelona 22/5 23/5 24/5 1 22/5 23/5 24/5 Hong Kong Ldn/Flx/Rdm/Ant/Lhv/Ham 21/5 22/5
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      Page 42 Advertisements Column 2
      223 42 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD tIA (II (I* STOW rOlt KEIMK Ft HANG an MUX i loading tot KUIe RUVAI HUONU 21 5 Discharging and Loading to« Bombay (XX PHP 2/,'S loading For Male PUNUR sum* 10 6 Loading For Male UMMEDH 16 Loading for Mate
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      Page 42 Advertisements Column 3
      1158 42 IT THONG SOON UNES PHSJD V I //W\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I \J \y TEL: 227-5088 FAX: 227-6011 V-? i: I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO 4 r*tO*tO »OOH < mw 2Vi [i]: M :l :W1 AI: V SINGAPORE TO SARAWAK J VESSEL
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      519 43 WSV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAP AN SERVICE tffcfmtMßUlK SOC CAHGOfS TO, FROM KOK. YOKOHAMA, NAGOYA. flptOKYO*. MANIA* OAVAO*. Penanj* P. KeUn( Singapore E'Msia* RARABCVERETT VI7E 28/2S May (frErtRETT V9E 16/17 )un H/19 Jun OMALEVERETT V2IE 30 Jun/01 M 02/03 Jut KOPTMG BttAKBUIX, FCI/SOC CAMttS TO/FROM CtfTTAGONG, CALCUTTA fD MOHQ.A*
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      Page 43 Advertisements Column 2
      244 43 Pi GLORY NAVIGATION GROUP to 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 V 9/6 12/6 15/6 SP PKL HCM HK KAO GLORY SELATAN VI 27/5 1/6
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      500 43 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE "vtssa" vor an kahach™™ HYDERABAD 129 HW 28 05 07/0t SAOGOOHA 143-HW 0»/0t H/0* ISLAMABAD 122HW M/ 06 W/<X MAKRAN 149-HW 13/07 22/07 FAR EAST CONTAINER SERVICE ONLY VESSEL SIN HKC BSW OS* NAG TOK SIAMABAO 121-ON 22/05 2t/05 30/05 02/06 04/0t
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      611 43 iiiuMsiiiaiMiaa FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/P. ELIZABETH CAPETOWN/LAGOS VESSEL SIN DURBAN P ELIZABETH CPT LOS SHUN HE/103 26/ OS 09 06 10/06 12 06 27/ OB TAO HE '84 11/oe 24/06 25/06 27/ OB 12/07 JIAN HE/84 26/ OB 09/07 10/07 12/07 27/07 HUI HE/106 11/07 25/07 28/07
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      Page 43 Advertisements Column 5
      351 43 S|N FAR EAST 24/05 KEELUNG/KAOHSIUNG 22/05 BANGKOK 22/05 MANILA/CEBU 22/05 JAKARTA/BELAWAN/SURABAYA 22/05 PORT KELANG/PENANG/E. MALAYSIA 22/05 BUSAN 22/05 TOKYO/YOKO/KOBE/NGO/OSA 22/05 HONG KONG Si CHINA (*S#±*«n) 22/05 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIAN JIN /QINGDAO/ HAIKOU also accepting LCI cargo SIN EUROPE/UK 24/05 LDN/FLX/LVP/SOU 24/05 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN
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      Page 44 Advertisements Column 1
      738 44 PHILI-OmtNT LIN€S PT€ LTD I °B 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)^ "j V A MEMBER OF THE SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND FCL/LCL SERVICE 26 MAY SYDNEY. MELBOURNE, BRISBANE. FREMANTLE 29
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      266 44 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 29 MAY (Accepting to all Now Zealand porta) PENAN6 23 MAY JAKARTA 22 MAY PORT KLANG 27 MAY BANGKOK 22 MAY MANILA 22 MAY MELBOURNE 28 MAY i SYDNEY 28 MAY BRISBANE 27 MAY ADELAIDE 26 MAY FREMANTLE 22 MAY IgothSlßUßG^^^^2imay^^^|
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      Page 44 Advertisements Column 3
      432 44 This Week's Sailings Siugai»M ii) To; ETD K,RS «r Singapore Singapore ISO 900*9% lkQa EVERY EVERY Bangkok SL'N Jakarta SUN EVERY EVERY Manila SUN Ho Chi Minh KRI fDj II EVERY EVERY Colombo TL'E I.iniassol THL'R I A INTERNATIONAL SEA FREIGHT FORWARDING MM Tel: Fax: Tn AND LOGISTICS SERVICES 0§
      432 words
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      1549 45 ISEAMAORGENTINMJN^^^n CONTAINERISED "HUB" SERVICE I DIRECT TO ARGENTINA/BRAZIL URUGUAY V I WESTBOUND BASE PORTS VIA BUENOS «WES VIA SANTOS VtMILS VOV S'PORf B.AIRES SANTOS I USHUAIA M'VIDCO ASUNCION R.Ot JANEIRO PARANAOUA GREAT UNIVERSE W1 Sailed 15/06 19/06 I 17/06 18/06 22/06 23/06 FRANCISCA SCHULTE W1 07/06 07/07 11/07 I 03/07
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      Page 45 Advertisements Column 2
      365 45 >£§n CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINERISED SERVKI 10 I K AND NORTH CONTINENTAL fOKTS ksb. wot Inol in Imml nt>| mi I jwT NORASIA SAMANIHA 3 1» OS 71, OS WLLt OAQUU M3KI H/ttt 2J/0i 18 0* 12/08 13 06 H.Ot It Ot Will PHYMA HO3R
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      Page 45 Advertisements Column 3
      530 45 irjj CONDOR LINE SEMI-CONTAINERISED SERVICE EAST BOUND SCHEDULE N0.37 I PORTS VOV BUENOS AIRES MONTEVIDEO DURBAN JAKARTA NAOOVA VESSELS PETROOVORETS E»ll SAILED SAILEO 11/ OS 24 3Q/OS QS/04 09 13/04 18 18/08 PRIOZERSK EBI2 30/04 10/05 SAILED 23/05 06 Q9/Q« 18, 06 23 2S/06 PEKASRIST ESI3 30/QS 08/06 02/0« 21/04
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      484 46 NORTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA OPTIMA 9402N 20/05 (FRI) 25/05 (WED) VIGOUR PACIFIC 9420N 24/05 (TUE) 28/05 (SAT) TWO SAILINGS WEEKLY PERVOMAYSK 9402N 27/05 (FRI) 01/06 (WED) FRIOAV ANO TUESOAY OPTIMA 9403N 31/05 (TUE) 04/06 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE 1 GENERAL
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    • Miscellaneous
      Page 46 Miscellaneous Column 1
      701 46 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 1.7, 2.2 2 6 2,8 2 8 2 6 2.1 1.6 1.2 0 9 0.7 0.7 0 8 1.1
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      Page 47 Advertisements Column 1
      982 47 MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG; *****61 P*E* PGP* VESSELS VOY SIN RTM ANT* I LEH* HAM BKEI FEL 18/05 20/05 21/05 H. INNOVATOR 309W 23/05 10/06 11/06 13/06 11/06 11/06 14/06 25/05 27/05 2S/05 H. EXPLORER 3UW 30/05 17/06 19/06 20/06 19/06 19/06 21/06 01/06 03/06 04/06
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      Page 47 Advertisements Column 2
      494 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IWBOUHP VESSELS KSSiI v 5? 3 KUC M ORARCE SRT (11 29 S 30/S MIA 3/C COSRRC CMAIIERCER V 33 17/1 It/I CHAMPION TRAOER V 39 31/S MAKE MOON *52 7/1 It 111 MQA IK SOMAI *27 2/1 lAAI WEAN *25
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      Page 47 Advertisements Column 3
      932 47 I JEDDAH/UK/CONTINENT I STOK ftO S TON HBURG ROAM Also Accept™ Carto I I!SS^ f [iSS l n/lli ,w SS 30/5 ,fit \Yi \l'l 15/6 I itufniraMlifiM H J]'* l i lt/t Rollftdim to il Antwerp. Amsterdam Olio Hebriu I msSSmmn M if'J 22/ i u rtu,np,on m mt out*
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