The Business Times, 24 May 1994

Microfilm: NL19381
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times M K\OH ASH MITA(P) 010/12/93 Tuesday May 24 1994 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow down 32.23 points
      54 1 Reuter NEW YORK A fall in bond prices yesterday took the fizz out of Wall Street's recent rally. At Ipm EDT, declines led advances 11-7 on New York Stock Exchange on volume of 139.3 million shares. The Dow Jones industrial index stood at 3,734.12 down 32.23
      Reuter  -  54 words
    • Article
      Lock icon Fox invests in TV chain
      45 1 AFP NEW YORK Fox Inc, the fourth largest US television network, yesterday said it was gaining 12 new stations in major markets as part of a US$5OO million (***** million) investment in the New World chain of television stations. AFP
      AFP  -  45 words
  • Article
    MARKET SUMMARY
    171 1 Stock market indices Monday Change STII 2,339.31 +2.3 KLSEComp 999.10 -2.06 Nikkei 20,568.71 +226.54 Hang Seng 9,589.78 -41.85 SET Index 1,338.59 +0.4 Jakarta Comp 498.36 +10.37 CLSA China B ....1,035.44 +28.36 Aust All Ord 2,121.0 +17.1 FTSE 100 3,108.4 -18.9 Monday Previous 2 pm elose Dow Jones 3,734.12
    171 words
  • Article
    No sharp hike in April inflation despite GST
    616 1  -  By Anna Teo SINGAPORE Prices were stable last month despite the start of the Goods and Services Tax the consumer price index (CPI) rose just half a point over March's figure. Compared to April 1993, the index last month was 2.9 per
    616 words
  • Article, Illustration
    Lock icon Ringgit suffers setback as speculators take profit
    287 1  -  By Paul Leo SINGAPORE The Malaysian ringgit suffered a setback yesterday but is expected to appreciate again after a brief consolidation. Profit-taking clipped 25 basis points from the ringgit to M 52.5920 against the US$. A dealer said speculators were realising gains after
    Source: TeleTrac  -  287 words
  • Article
    Lock icon Trade wars if Gatt is not approved: Bentsen warns Congress
    212 1 Bloomberg Business News. AFP YVASHINGTON US Treasury Secretary Lloyd Bent sen yesterday warned that failure by Congress to pass the new world trade agreement could lead to trade wars and shrinking US exports. "There's a great deal at stake'' in
    Bloomberg Business News.; AFP  -  212 words
  • Article
    Veil of anonymity over S'pore accountants to be lifted soon
    526 1  -  By Anna Teo SINGAPORE The accountant and his firm can soon be named in the same breath in newspapers or over TV. Just as the rules on "advertising" by lawyers were relaxed early last year, the veil of anonymity over
    526 words
  • Article, Illustration
    Lock icon YHS shares hit all-time high of $4.04
    470 1  -  Speculation that Ng Teng Fong will mount takeover bid By Genevieve Cua SINGAPORE Yeo Hiap Seng shares hit an all-time high of $4.04 apieee yesterday before elosing at S4, chased up by speculation that property tycoon Ng Teng l ong will make a
    Source: Bridge Info  -  470 words
  • Article, Illustration
    Lock icon Zhu predicts soft landing for China's economy
    436 1 Bloomberg Business News BLUING Predicting a soft landing for the economy. China's economics c/ar Zhu Rongji said the government's priority was averting unrest at stagnant state factories and farms, the official People's Daily reported. Vice-Premier Zhu. who has overseen a tough credit policy
    Bloomberg Business News  -  436 words
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      Page 1 Advertisements Column 1
      164 1 "*S ALPIN 1 FRESH y~ EXTRA > STRONG REFRESHING Sole Agent: Shriro (Singapore) Pte. Ltd. CONTENTS News Companies Spore News 2 S'pwe M'su 17.18.19 Regional News 3.4.5 Financial 21.22 Wot Id News 7.8 Features Markets Analysis 15 Clob/KLS£. SES 26-28 Editorial 14 teflon 2« Sports 9 World 25 JV/lifestyle 11
      164 words
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      Page 1 Advertisements Column 2
      6 1 Property: Pg 12 Developing industrial space
      6 words
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      Page 1 Advertisements Column 3
      28 1 Hock Lock Siew: What exactly does Mr Ng want with Y/IS? High-income groups bear brunt of inflation, Pg 2 Analysis: Tough walking on a slackening tightrope, Pg 15
      28 words
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      66 1 ■A llhe Bottom Line: Pg m C hina's Hall St? i. FRESH BREATH IN A FLASH 1 VERY sTRONGt* REFRESHING. c Hock lx>ck Siew: What cxactly does Mr Ng want with YHS? 17 C a/iier Boutique/ SINGAPORE Ngee Ann City, Tower B, #01-11,391 Orchard Road. Tel: *****27 Hilton International, #01-04,
      66 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Have Visa will travel
        234 2  -  By Corinne Kerk VISA CARD spending by tourists continued to grow strongly in the first quarter of this year. Foreigners spent $266.3 million with Visa cards in Singapore in January-March, or 10.4 per cent more than in the corresponding period last year. This was slightly better
        Source: Visa International  -  234 words
    • Article, Illustration
      Pasir Panjang port project's phase 2 to cost $4.8b
      316 2  -  Yesterday in Parliamen Reports by Anna Teo, Chuang Peck Ming PHASE TWO of the mega container port project at Pasir Panjang is expected to cost $4.8 billion, Parliament was told yesterday. The sum includes infrastructure, systems and equipment costs, said Ho
      316 words
    • IN BRIEF
      • Article
        Part-time workers should get full CPF
        172 2 PART-TIME WORKERS should not get a lower Central Provident Fund contribution rate, said Labour Minister Lee Boon Yang yesterday. And if they hold more than one job, they must contribute to CPF for all the jobs so long as the combined contributions do not
        172 words
      • Article
        Opposition on grassroots leaders
        153 2 IS THERE a difference between "so-called governmentappointed" and PAP-appointed grassroots leaders, opposition MP Low Thia Khiang asked yesterday. The question arose when he and fellow opposition MP Chiam See Tong queried the government about the HDB priority allocation scheme for grassroots leaders. Under the scheme, HDB
        153 words
      • Article
        Conservation targets met
        57 2 THE AIMS of the conservation programme for old shophouses in the city has been met, according to Acting National Development Minister Lim Hng Kiang. Almost 1,000 buildings in areas such as Tanjong Pagar, Kreta Ayer, Telok Ayer and Boat Quay have been restored and revitalised. Another 1,000
        57 words
    • Article, Illustration
      Lock icon Inflation much higher for higher-income groups
      440 2  -  Rise in CPI much higher for households which spent 53.000-55.999 a month By Anna Teo INFLATION is much higher for higher-income Singaporeans. The rise in the consumer price index (CPI) in the first four months this year was 5.1 per cent for households which
      Source: Dept of Statistics  -  440 words
    • Article, Illustration
      Lock icon Hongkong teen vandal fined $4,000 for mischief
      300 2 The Straits Times HONGKONG teen vandal Shiu Chi Ho was fined a total of S4.(KX) yesterday after he admitted to two mischief charges. Shiu. 17. who is now serving sentence in Quecnstown Remand Prison for vandalism, had 10 other vandalism charges taken into
      The Straits Times  -  300 words
    • Article, Illustration
      Communication added to final list of key family values
      284 2  -  By Chuang Peck Ming THE COMMITTEE on the Family has added the importance of communication in its final list of key family values shared by Singaporeans. The other values, made public early this year, are: love, care and concern; mutual respect;
      284 words
    • Article
      Tibs-SMRT venture to run bus-plus service
      147 2 TRANS-ISLAND Bus Services and the Singapore MRT will join hands to operate a scheduled minibus and maxicab pilot scheme this year. Communications Minister Mah Bow Tan told Parliament yesterday: "The joint venture company will acquire 20 minibuses for the pilot scheme and plans to
      147 words
    • Article
      Walter Woon's parent-support bill the first tabled by backbencher
      376 2 NOMINATED MP Walter Woon took the first step towards creating parliamentary history when he got the House's consent yesterday to table a bill that, if passed, would require children to support their parents. Post-independence Singapore has not seen any private member's
      376 words
    • Article
      5.5pc of workers switched jobs last year
      269 2 ABOUT 5.5 per cent of Singapore workers changed jobs more than once in 1993. but not all are job-hoppers. Labour Minister Lee Boon Yang said yesterday. The labour turnover figure is based on the records of the Central Provident Fund, of which 1.1
      269 words
    • Article
      Estate duty liable only on 1.7pc of properties
      227 2 THE NUMBER of people who fall into the estate duty net those owning houses and flats worth over $3 million is still small, although property prices have surged recently. Finance Minister Richard Hu said yesterday. There was thus no need to raise
      227 words
    • Article, Illustration
      Uruguay Round to save exporters $3b a year
      274 2 SINGAPORE exporters stand to save nearly $3 billion a year from tariff cuts agreed under the recently concluded Uruguay Round of the General Agreement on Tariffs and Trade. Trade and Industry Minister Yeo Cheow Tong said yesterday. The saving is based on
      274 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon KL may be softening stand on Apec
      649 3  -  Reports from Ho Kay Tat in KUALA LUMPUR PRIME Minister Mahathir Mohamad appears to be softening Kuala Lumpur's stance on the Asia-Pacific Economic Cooperation (Apec) forum when he said that Malaysia was still against formalising the entity but would not stand in the
      Reuter  -  649 words
    • Article
      Lock icon Filipino businessman calls for end to America-bashing
      325 3 China." WITH the United States coming under increasing attack for its heavy-handed foreign policy in Asia, a top Filipino businessman yesterday came out in defence of Washington and urged an end to what he described as "America-bashing". Jaime Zobel De Ayala, chairman of
      China."  -  325 words
    • Article
      Jakarta to curb dumping of hazardous waste
      274 3  -  From Maggie Ford in JAKARTA INDONESIA is to launch a campaign to end the dumping of hazardous waste following the formal inauguration yesterday by President Suharto of the country's first modern waste processing plant. Sarwono kusumaatmadja. Minister of the Environment, announced at the
      274 words
    • ASIA NOTES
      • Article
        Lock icon Indon firm accepts workers' demands
        86 3 Reuter JAKARTA Factory owners at Indonesia's PT Fau/i Dewi Motik caved in to worker demands for better conditions after hundreds of workers staged a noisy strike outside the garment maker's eompound in Jakarta yesterday. The workers, mostly women, told Reuters the company had failed since
        Reuter  -  86 words
      • Article
        Lock icon Underground transit: Thai firm says yes
        95 3 Reuter BANGKOK A company engaged to build an elevated mass transit system for traffic-snarled Bangkok said yesterday it would put its railway underground provided the government shouldered the extra eosts. "By logic, underground is always better." Kasarne Chatikavinij. chairman of the Bangkok Transit System
        Reuter  -  95 words
      • Article
        Lock icon KL approves more foreign investment
        66 3 Reuter KUALA LUMPUR Approved foreign investment in Malaysia's manufacturing sector rose to MS2.O billion (SSI.2 billion) in the first four months of the year against MS 1.13 billion in the year-earlier period, the government said yesterday. Minister of International Trade and Industry Rafidah Aziz said
        Reuter  -  66 words
      • Article
        Lock icon Viet industrial output up 12pc
        96 3 Reuter HANOI Vietnam's industrial output increased by 12.1 per cent in the first four months of 1994 over the same period last year, and prospects for food production and inflation levels are good, the government said yesterday. A 20.8 per cent surge in output of
        Reuter  -  96 words
    • Article
      Lock icon Manila bank hit by Treasury bill scam seeks more aid
      183 3 Reuter MANILA A Philippine hank hit by a Treasury bill scam shaking the country's financial community said it was seeking another one billion pesos (SSS6 million) in standby aid from the Central Bank. Bank of Commerce yesterday said the new
      Reuter  -  183 words
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      55 3 ll' *****' VIII 11 I I Whilst trying UNSUCCESSFULLY MtHa HH TO PICK A BB m HBfc IH CHUBB lock Efek man WAS B BHh V 9 1 W im W3 He is now Mjjtt SAFELY PR,SON A HMH r* IH MAKES THE locks THAT Hhß him K locked jSB
      55 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon HK official allays fears over job proposal
        57 4 Reuter HONGKONG A government official said yesterday that a pilot programme to import Chinese professionals would not hit local job opportunities or wages. "Employment opportunities for managerial and administrative workers will grow by about 50 per cent in this decade," said Lam Woon-kwong,
        Reuter  -  57 words
      • Article
        Lock icon Wharf Cable-BBC deal expected soon
        64 4 AFP HONGKONG Cable television broadcaster, Wharf Cable is expected to reach a final agreement with the Brifish Broadcasting Corp this week to deliver World Service Television to the territory, a Wharf Cable spokesman said yesterday. Gilda Cheung said "we are finalising the agreement" with BBC
        AFP  -  64 words
      • Article
        Lock icon HK's inflation rate dips
        75 4 Bloomberg Business News HONGKONG The annual inflation rate in the colony was 7.7 per cent in April, down from 8 per cent in March, according to figures released by the Hongkong government's Census and Statistics Department. The figures are measured by the Consumer Price Index (A),
        Bloomberg Business News  -  75 words
      • Article
        Lock icon Taiwan town rejects nuclear plant plan
        48 4 Bloomberg Business News TAIPEI In a non-binding referendum in the northern Taiwan township of Kungliao, voters on Sunday overwhelmingly rejected a propositi to allow the country's power utility, the Taiwan Power Co, to build a nuclear power plant there, Taiwan media reported.
        Bloomberg Business News  -  48 words
    • Article
      Lock icon High HK property prices may scare investors away
      227 4 Bloomberg Business News HONGKONG Soaring property prices have made the colony one of the hottest real estate markets in Asia, a report says, but officials fear the high prices may scare away new investors. "The chronic shortage of grade A accommodation and
      Bloomberg Business News  -  227 words
    • Article, Illustration
      Lock icon US obliged to offer MFN status to Gatt members
      340 4 AFP VVASHINGTON Most Favoured Nation status is not as special as it sounds in fact it is a privilege that Washington extends to almost all its trading partners. Under the rules of the General Agreement on Tariffs and Trade (Gatt), Washington
      AFP; Reuter  -  340 words
    • Article
      Chinese telecom body needs clear vision: Telecom official
      331 4  -  By Genevieve Cua CHINA'S national telecommunications organisation had to take stock of its customers' needs, its own capabilities and the threats and opportunities it faced, a Singapore Telecom executive said yesterday. These factors would shape the role it would play in the
      331 words
    • Article
      Lock icon Beijing warns against optimism over financial reforms
      300 4 Reuter BEIJING Finance Minister Liu Zhongli said China's package of financial reforms had gone smoothly, but warned against blind optimism amid such problems as unpaid workers, mismanaged state firms and inflation. Mr Liu told the official Economic Daily Beijing's "big bang" package of
      Reuter  -  300 words
    • Article
      Lock icon Business group opposes key Patten reforms
      197 4 Reuter HONGKONG Hongkong's influential General Chamber of Commerce, long a battleground between the pro-de-mocracy and conservative camps, came out yesterday against key parts of Governor Chris Patten's reform bill. Chamber chairman William Fung criticised Mr Patten's plan to give all 2.7 million workers a
      Reuter  -  197 words
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      Page 4 Advertisements Column 1
      294 4 For more than a century and a half, Patek Philippe has been known as the finest watch in the world. The reason is very simple. It is made differently. It is made using skills and techniques that others have lost or forgotten. It is made with attention to detail very
      294 words
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      Page 4 Advertisements Column 2
      162 4 If hbr 11 Now you won t have to wait a whole year to "loh hei". At Hung Kang BBftjHfBHS Teochew Restaurant you can toss for luck every Saturday and Sunday hß^jSPbHh for lunch and dinner. Our Teochew Raw Fish is, true to tradition, generously spread with only the freshest
      162 words
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  • REST OF ASIA
    • Article
      Lock icon Aussie Liberals pick youth ticket
      598 5 Hewson dumped for 42-year-old political scion in bid to unite party AFP CANBERRA Australia's ailing Liberal party played the youth card yesterday, picking Alexander Downer, scion of an old political family, to lead the struggle to win back power from the Labor Party. The party,
      AFP  -  598 words
    • Article, Illustration
      Lock icon Keeping out the yakusa
      65 5 Reuter TOKYO Police officials putting up a "Shareholders meetings' special alert headquarters" sign next to anti-gang-ster headquarters sign at Tokyo's Metropolitan Police Department yesterday. A special taskforce has been set up against "sokaiya" racketeers and a record 4,000 policemen will be mobilised next month to prevent
      Reuter  -  65 words
    • Article
      Lock icon Aussie govt report calls for increase in immigration
      208 5 AFP CANBERRA Australia will need to increase immigration to counter declining population growth in the next century, according to an official report released here yesterday. The Australian Bureau of Statistics projects the population will grow to between 24.9 million and 26.7 million
      AFP  -  208 words
    • Article
      Lock icon Bombay's underworld takes on real estate business
      261 5 AFP BOMBAY Powerful crime syndicates are muscling in on the booming real estate business in India's financial capital, leaving a trail of murders in their wake. Three high-profile killings, all linked to the high stakes involved in the property trade, have taken place
      AFP  -  261 words
    • Article
      Lock icon Rao rolls out red carpet for private power companies
      354 5 Reuter NEW DELHI India's Prime Minister P V Narasimha Rao yesterday told private companies seeking to enter the power industry that his government would change policies further if necessary to encourage investments. "I am absolutely clear in my mind that if
      Reuter  -  354 words
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      Page 5 Advertisements Column 1
      69 5 Your passport to Asia's most spacious Business Lounge. if -3hJß| all our Business Class JpF m M f passengers A K V JBgS comforts the Cathay *r V Business Lounge at Kai Tak. j|| t JL ayv room and even showers. After no matter w s^°rt e fl'flht, f no-one
      69 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Thai provinces closing gap with urban areas
      892 6  -  Alan Boyd reports from Bangkok on the economic development that is taking place in the rural regions Alan Boyd RAPID GROWTH in border trade is helping Thailand's provinces to close the economic gap with urban population centres, though wide differences remain in income
      892 words
    • Article
      Lock icon Democracy taking root in Thailand, say diplomats
      549 6 Reuter BANGKOK Two years after soldiers gunned down demonstrators in the streets of Bangkok, diplomats say that democracy appears to be slowly taking root in Thailand, the scene of 17 successful or attempted military coups since 1932. For some Thais, however, the pace
      Reuter  -  549 words
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      126 6 jjpv jfer' VJJ ith one of Asia's largest cargo handling W complexes we at Thai Cargo have the facilities and manpower to look after all of your cargo needs to European cities. Our touches ensure that and attention to each and every assignment. A trait that If it's on Thai
      126 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Major to put off reshuffle to late July
      420 7 Knight-Ridder, Reuter LONDON The expected reshuffle of the UK government's Cabinet has been earmarked for late in July, according to a report yesterday in The Daily Telegraph newspaper. It said Prime Minister John Major has decided to delay the reshuffle until around
      Knight-Ridder, Reuter; Reuter  -  420 words
    • Article
      Lock icon ERM re-entry unlikely in near future: Clarke
      268 7 Reuter LONDON Chancellor of the Exchequer Kenneth Clarke said he could not see Britain re-entering the European Exchange Rate Mechanism (ERM) in the near future. "I do not see that Britain is likely to do so in the foreseeable future," Mr Clarke told
      Reuter  -  268 words
    • Article
      Lock icon Nato ministers hope for commitment from Russia
      255 7 Reuter BRUSSELS Nato is hoping that Moscow will give a clear signal to a meeting of defence ministers in Brussels today that it wants closer ties with the Western military alliance. It wants Russia to sign the "Partnership for Peace" scheme which is
      Reuter  -  255 words
    • Article
      Lock icon UK's non-EU trade deficit narrows
      84 7 Bloomberg Business News LONDON Britain's trade deficit with countries outside the European Union narrowed to a lower-than-expected £566 million (551.32 billion) in April as exports advanced and as trade in oil swung to the highest surplus in six years, the Central Statistical Office said. The
      Bloomberg Business News  -  84 words
    • Article
      Lock icon Ukraine PM to attend crisis talks
      73 7 Reuter MOSCOW Ukrainian Prime Minister Yefim Zvyagilsky prepared himself for emergency talks in Moscow yesterday in a bid to defuse a worsening crisis over Ukraine's mainly Russian-inhab-ited Crimean peninsula. But his delegation delayed its arrival in Russia. Officials in Moscow said Mr Zvyagilsky, who
      Reuter  -  73 words
    • Article
      Lock icon Greece to float 25pc of telecom body
      80 7 Reuter ATHENS Greece will sell up to 25 per cent of the Greek Telecommunications Organisation (OTE) within 1994, with an unspecified slice of the total to be sold abroad and the rest to be floated on the Athens bourse, Greek National Economy Minister
      Reuter  -  80 words
    • Article
      Lock icon Slow start to Nigeria's conference poll
      71 7 Reuter LAGOS Few voters showed up when polling stations opened yesterday in Lagos, Nigeria's biggest city, for an election to pick delegates for a conference on a new constitution. The mainly makeshift centres in Lagos opened at around 8 am (0700 GMT) to register
      Reuter  -  71 words
    • Article
      Lock icon Israel wants Arafat to reaffirm peace pledge
      180 7 Reuter JERUSALEM Israel, incensed at a speech by PLO chairman Yasser Arafat, yesterday demanded that the Palestinian leader reaffirm in writing his commitment to their peace accord. Oded Ben-Ami, spokesman for Prime Minister Yitzhak Rabin, said Israel would put off further talks with
      Reuter  -  180 words
    • Article
      Lock icon US economy expected to enjoy best growth since '88
      581 8 AP WASHINGTON The US economy, propelled by produc-tivity-boosting gains in business investment, should enjoy its best growth year since 1988. the nation's top business economists predicted yesterday. In a forecast certain to please the White House, the National Association of Business
      AP  -  581 words
    • Article
      Lock icon Bundesbank has no plan to cut rates again soon
      249 8 Reuter FRANKFURT Bundesbank president Hans Tietmeyer yesterday said the German central bank planned no more rate cuts in the near future, signalling at least a temporary hiatus after several years of reductions. Mr Tietmeyer, in a news conference in Helsinki, said:
      Reuter  -  249 words
    • Article, Illustration
      Lock icon Hillary Clinton planning to be next US president: report
      330 8 AP NEW YORK President Hillary Rodham Clinton? The New Yorker magazine reports in its May 30 issue that some friends of the First Lady say she may be planning to succeed her husband in the White House. However, at least one
      AP  -  330 words
    • Article
      Lock icon Canada to stand firm in trade dispute with US
      385 8 Reuter OTTAWA Canadian trade minister Roy MacLaren visits Washington today and tomorrow with the goal of mending some fences tattered by trade issues. But analysts say they do not expect Canada to back down from the various heated disputes over trade
      Reuter  -  385 words
    • Article
      Lock icon Venezuela in bid to get Nafta membership
      145 8 AFP CARACAS Venezuela has taken the first steps towards requesting membership in the North American Free Trade Agreement (Nafta), the head of the Foreign Trade Institute said on Sunday. Alberto Poletto said officials had called in the US ambassador to Caracas to discuss
      AFP  -  145 words
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      Page 7 Advertisements Column 1
      203 7 Ih n Small though the key may look, it carries a weighty significance, j Fact is, Henry will handle every tiny detail of a project. So that ultimately. •II our client has to do is collect the key to his office from us. We'l take > care of everything. From
      203 words
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      Page 8 Advertisements Column 1
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      219 words
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      Page 8 Advertisements Column 2
      116 8 "I WESTERN SAMOA ■PBgRMBIH long term international companies are the most effective solution for your offshore company structure. Available at an effective annual cost We also P rovid offshore <• companies from: from as low as US$4OO British Virgin Islands P erannum Bahamas Bermuda Full nominee, Cook Islands management, secretarial
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  • SPORTS
    • Article, Illustration
      Lock icon Lehman sets course record for big win at The Memorial
      503 9 Golf AP DUBLIN, Ohio Tom Lehman, in a performance deemed "unbelievable" by Jack Nicklaus, eased the pain of his Masters loss with a record-setting five-stroke triumph on Sunday in The Memorial. Just as he did six weeks ago in Augusta,
      AP  -  503 words
    • Article, Illustration
      Lock icon Bulls' charge stopped by Knicks
      582 9 1994 NBA playoffs AP NEW YORK The New York Knicks finally took the torch from the Chicago Bulls. And the three-time NBA champions did not pass it willingly. The Knicks, who spent the three previous years fruitlessly chasing the Bulls, had to scratch and claw
      AP; AFP  -  582 words
    • Article, Illustration
      Watch out world, here comes little Mia
      532 9  -  From Maggie Ford in JAKARTA DESPITE hundreds of millions of Asian fans, a showpiece tournament in Britain and now a slot at the Olympic Games, badminton has not yet developed the appeal of international sports like tennis, golf or even cricket. The reasons
      532 words
    • Article
      There's plenty of life in the courts
      506 9  -  French Open Michael Karem debunks reporters' claim that tennis now is boring Michael Karem The writer is a London-based writer who contributed this article to Business Times PARIS "Why don't you stop being so boring?" was the question the press put to Steffi
      506 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Badminton
        68 9 Reuter JAKARTA Indonesia >esterday defended themselves against charges of hooliganism after passionate fans disrupted the finals of the Thomas and Übcr Cups both won by Indoesia with bottle throwing. Antara news agency quoted State Minister of Youth and Sports Hayono Isman as saying the rowdiness. which drew complaints from
        Reuter  -  68 words
      • Article, Illustration
        Lock icon Basketball
        112 9 Reuter NEW YORK The MilwaukeeBucks were the big winners of the NBA annual draft lottery on Sunday and tor the first time since 1977 will have the No 1 pick in the league's June draft. The Dallas Mavericks, who finished with just 13 wins for the worst record in
        Reuter  -  112 words
      • Article, Illustration
        Lock icon Baseball
        69 9 AP NEW YORK Major league Sunday National: Florida 9 St Louis 10; Philadelphia 8 NY 3; Pittsburgh 2 Montreal 3; Cincinnati 3 LA 10: Chicago 6 SF 5; Houston 6 San Diego 7; Colorado 3 Atlanta 8. American: Detroit 9 Milwaukee 6: NY 5 Baltimore 6; Toronto 0 Cleveland
        AP  -  69 words
      • Article, Illustration
        Lock icon Golf
        123 9 AP ROMK Argentina's Eduardo Romero fired a bogey-free 5-under-par 67 on Sunday to win the Italian Open by one stroke over defending champion Greg Turner of New Zealand. Romero finished the tournament with a 16-under 272 to earn his first victory on the PGA European Tour since the 1991
        AP  -  123 words
      • Article, Illustration
        Lock icon Rugby
        132 9 Reuter CHRIS ICHLRCH, New Zealand A rugby official whose team suffered a record loss yesterday came up with a novel excuse fertiliser. Marist inflicted a senior club rugby record 169-0 defeat on Suburbs on Saturday and according to Suburbs' president Colin Bell it was all to do with fertiliser
        Reuter  -  132 words
      • Article, Illustration
        Lock icon Tennis
        259 9 AFP MIAMI. Florida Teen phenomenon Jennifer Capriati was treated at a drug rehabilitation centre three months before her arrest last Monday for possession of marijuana. Senweek magazine reports. AVmsweek said Capriati was treated for more than a week at The Manors, a USS9SO-a-dav (551.380) private psychiatric hospital in Tarpon
        AFP  -  259 words
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      510 9 CHEMICAL INDUSTRIES (FAR EAST) LTD 52 JAL AN BUROH JURONG TOWN SINGAPORE 22 TEL *****1 CABLE SOOACHLOR NOTICE IS HEREBY GIVEN that the Thirtieth Annual General Meeting of Chemical Industries (Far East) Limited will be held at the Registered Office of the Company at 52 Jalan Buroh, Singapore 2261, on
      510 words
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      Page 10 Advertisements Column 1
      1028 10 0« Nothing BGcltsA Bud. where to wine, dine and entertain OK FRESPfI .PASTA ©Al LY. W From Pasta Fresco. Tha only restaurant J to make Its own spodalty pasta. Fr,,h everyday. Savour perfect pizza, great y gelatl and terrific tiramisu. All topped with Italian hospitality. vfio99r Pasta Fmco Da loMoi*
      1,028 words
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      Page 10 Advertisements Column 2
      343 10 ny= =^bi fancy 'Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian 'Beijing dumplings, a selection fluu^ of set menus, and 'Beijing specialities DfllZX such as 'Beijing Tench and HB§cmh£ 'Marinated Lamb. Jancy some nowf Rf^AURANT IM»
      343 words
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  • LIFESTYLE
    • Article, Illustration
      Laughter in spring
      712 11  -  Shahiron Sahari was tickled by the latest Hilton-British Airways Playhouse offering A Touch of Spring Shahiron Sahari THE latest play in the Hilton-British Airways Playhouse series is a funny, light-headed little story set in Rome and involving as its main protagonists an American, a Briton and an
      712 words
    • Article
      Lock icon By George, the show must go on
      140 11 UPI WHEN the Beatles made their landmark US television debut on The Ed Sullivan Show in 1964, guitarist George Harrison was fighting a case of the fiu, including a raw throat and high fever, that had left him too weak that day to
      UPI  -  140 words
    • Article, Illustration
      Lock icon Clementine not Churchill's 1st choice
      553 11 UPI UPI UPI UPI UPI UPI CLEMENTINE Hozier, blueblooded but poor, was not Winston Churchill's first choice as a wife. The sale of seven Churchill love letters to an unidentified American collector for U*****.136 (S$ 177,300) at a London auction showed that the future British
      UPI  -  553 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      47 11 II DOUBLE Happiness AT THE RIVER RVLACE Indulge in a Chefs Recommendation dish at a SPKCi \l, R m: and enjoy a COMMMMWXRI DRSSHKT in our Double Happiness' offer! CHINESE RESrAURANT <8 !Ai-LI < WL S C^npy/pr KMR mi/Ct IX? llaxthtk Horn) Stnftifwrr OM6 Tel: 71JW22 ta.x.- *****1-1
      47 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1295 11 A mystery writer holes up an isolated Greek town to i do some finds herself the target an Features a good cast with Meg Foster as the writer, David McCallum and Wings Hauser <&***^ the breeze, 4g£p^" this 1987 movie fails due to weak structure and plot. Mk| Sorry, Wrong
      1,295 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Lock icon The race is on to develop industrial space in Singapore
      423 12  -  Colliers Jardine says surge in manufacturing sector pushing up demand. Abdul Hadhi reports Abdul Hadhi THL construction of factories and warehouses is intensifying as Singapore continues its drive to be the operational huh of the region. "There will he an
      Source: Colliers Jardine  -  423 words
    • Article, Illustration
      Buying, selling or just browsing?
      620 12  -  I an Su Yen looks at the quirky business of house-hunting in Singapore Tan Su Yen This article first appeared in the May issue of Singapore Business YOU BOUGHT your apartment for S 700.000 a few months ago. Now your neighbour wants to sell ins
      620 words
    • Article
      S'pore's Goldhill Group to launch four Brisbane housing projects
      375 12 SINGAPORE'S Goldhill Group is launching four residential projects in Brisbane over the next 18 months. The Australian Financial Review reported last week. Last week also saw the completion of its 90-apartment Goodwin Tower which was built at the cost of AS47
      375 words
    • Article, Illustration
      Indonesia's real estate market set to grow 9.4pc
      633 13 Economic expansion likely to boost demand, says Ciputra THE GROWTH of Indonesia's real estate market will likely increase to 9.4 per cent this year from 8 per cent last year, in spite of possible increases in banking lending rates, a business leader
      633 words
    • Article
      Thai developer in Indochina joint venture
      461 13 THE Monterey Group has joined hands with three other companies to set up a real estate development holding company which will launch its first project soon in Indochina. Monterey chief executive officer Chayant Techasukij told The Nation that the company, together with Srinakorn Land
      461 words
    • REGIONAL SKYLINE
      • Article
        Lock icon CSR to offload A$65m land bank
        112 13 Australian Financial Review SYDNEY The upswing in the Australian market has prompted CSR to sell a swath of surplus sites worth A 565.22 million (5573.1 million). The company will be putting up 31 land parcels for sale by tender through US-based property firm Kennedy-Wil-son
        Australian Financial Review  -  112 words
      • Article
        Cheung Kong not bidding for Broadgate
        118 13 HONGKONG Cheung Kong (Holdings) Ltd's deputy chairman George Magnus has denied press reports that the property giant controlled by billionaire Li Ka-shing was bidding for London's Broadgate office complex. "I can say that neither Cheung Kong nor Hutchison (another major group of Mr Li's)
        118 words
      • Article
        Lock icon Kumagai Gumi opens Viet office
        61 13 Reuter Reuter TOKYO Construction company Kumagai Gumi Co Ltd has opened a representative office in Vietnam in the hope of winning infrastructure projects from the Vietnamese government. A Kumagai spokesman said yesterday the company may soon open another office in Ho Chi Minh City, where
        Reuter  -  61 words
      • Article
        Lock icon Brierley to upgrade UK hotels
        84 13 Bloomberg Business News LONDON New Zealand's Brierley Investments Ltd, which owns Britain's second-largest hotel chain, is spending a further £30 million (5569.6 million) to upgrade 10 more of its 112 Mount Charlotte Hotels to operate under its four-star Thistle brand name, the Observer newspaper has
        Bloomberg Business News  -  84 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      129 12 'not incfwiivt of $60 momborthip $40 port-handling fern. "Why honey they're all aboard the world's largest sailboat, Club beautiful people. They each have their own private cabin to relax Med 11. Where each evening starts with cocktails; followed by a five in with news and movie channels to watch and
      129 words
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      Page 12 Advertisements Column 2
      72 12 London Investment Properties FOR SALE Two high yielding commercial investment properties, conveniently located within London, are now for sale. Central London/Page House South West London •Freehold office •Prime location (in the South Point Sentinel House heart of London's midtown office office 1M sector)• CI 14M •10% net initial yield 8.75%
      72 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      86 13 The World United, It's a world unto itself. Encompassing five continents and over three hundred cities. And populated by nearly seventy million passengers who rely on our unsurpassed service V to make them feel at home wherever and whenever they travel. I Come fly the airline that's uniting the world.
      86 words
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  • Article
    Clinton's habit of short-termism
    675 14 EDITORIAL IT MUST surely be a mark of the Clinton administration's political immaturity that the United States should choose the present moment to try and get the stalled economic framework talks with Japan going again. Washington is demonstrating yet again that its foreign policy is driven
    675 words
  • WHAT THE OTHERS SAY
    • Article
      Priorities for the PLO
      278 14 THE WALLS of Jericho have tumbled down; in spite of semantic squabbles and some skirmishes, the hope of a durable peace on the West Bank does not seem as lost in Gaza as the eyeless Samson. But the peace is still young and fragile: controversies can
      278 words
    • Article
      Adopting friendly ways
      189 14 THE recent conference organised by the Asia Society spelt out how the US should regard Asian countries, its neighbours across the Pacific. Of late, the Clinton Administration has imposed constraints on what should be otherwise described as a fruitful relationship in ushering in the dawn of the
      189 words
    • Article
      Difficult satisfying everybody
      192 14 THE CRUX of the problem in trade fair management is catering to the needs of all relevant parties fairly. Firstly, trade fairs are mostly held in HDB estates, thus giving neighbourhood residents hordes of problems such as a shortage of parking lots, noise and garbage pollution, and
      192 words
    • Article
      Don't blame the media
      130 14 THERE WERE fireworks in Parliament on Thursday over drug allegations against MPs. Fuelling speculation further were fresh allegations made by the Independent Network News radio that apart from opposition MPs, three government lawmakers were also suspected of involvement in the drug trade. For democracy to work,
      130 words
    • Article
      The times they are a-changing
      139 14 ALTHOUGH the finishing sequels to the drama may yet have to be played, the curtain, for now, has fallen on one of the most bizarre shows ever seen on this country's judicial stage. Pandemonium broke out at the Central Jakarta District Court on Wednesday as
      139 words
  • Article, Illustration
    Lock icon Where the favourite may not win the election
    844 14  -  Votes for a new German president were cast yesterday. Rick Atkinson explains why making the final choice may require a bout of closed-door horse-trading Rick Atkinson AP Democracy may come in all shapes anil sizes, but few versions are more peculiar than
    AP; Reuter  -  844 words
  • Page 14 Advertisements
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      67 14 /SJ7VDOHG? DONG-' DONE 1 PoHGf DOONESBURY GARRY TRUDEAU GOOD MORNING, LA&ESANP AS YOUCANSES FROM YOUR. THE INDICTMENT IF NECESSARY. 6ENTICMEN.MYNAMEIS HANDOUVS.THE6O/&NMENT HAS MS FILED IN MS.CAUCUS. BUTVtRE'ILBe JQANIE CAUCUS, ANDTM AN MOW? TO INDICT SEVEN TCBACCO DISTRICT COURT UIU-YOU NO ARRESTS AT WHAT IF ATTORNEY WITH THE CRIMINAL INDUSTRY EXECUTIVES
      67 words
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  • ANALYSIS
    • Article, Illustration
      It's tough walking on a slackening tightrope
      1351 15  -  New guidelines on advertising by accountants are being finalised by the Public Accountants Board. I heir implementation in the near future replacing current rules widely considered overly restrictive would be not a da\ too soon, savs Anna leo Anna Teo REMEMBER how a
      1,351 words
    • Article, Illustration
      The MFN: not just a political issue
      1417 15  -  A senior US trade official, Ira Wolf, was recently in Australia to explain the US position on the human rights issue and China. Mr Wolf, Assistant US Trade Representative for Japan and China, said the United States is concerned that even a close
      1,417 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      232 15 H e 705 by Technophone I 1 Transceiver PC 705 JMB|i 1 Standard Battery 900mAh 1 Extended Battery 1700mAh J|||| 1 Rapid Travel Charger IS 1 Wrist Strap 1 User Guide ,s^> ■asss^s 55 'Sub/ect to special condition. 'Price excludes GST. Sole Distributor: The Hello Boutiques: #01-12 Far East Plaza
      232 words
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  • Article
    Lock icon US upbeat about exploratory trade talks with Japan
    587 16 Reuter, UPI, Knight-Ridder, Bloomberg Business News WASHINGTON The Clinton administration sounded an upbeat note yesterday about exploratory trade talks with Japan, fuelling hopes the two sides were edging closer to negotiating a new economic deal. Talks opened here last Thursday and except
    Reuter,; UPI,; Knight-Ridder,; Bloomberg Business News  -  587 words
  • Article, Illustration
    Lock icon End of the road
    48 16 AFP BARANOVICHI, Russia A serviceman patrolling near military aircraft, which were destroyed according to the agreement on ordinary armaments in Europe, at the military base in Baranovichi, Belorussia, yesterday. Some 30 military aircraft MiG-23, MiG-25 and MiG-27 are to be scrapped this year. AFP
    AFP  -  48 words
  • Article
    Lock icon China won't scrap SEZs to re-enter Gatt, says official
    307 16 The Straits Times HONGKONG A senior Beijing economic official said yesterday that C hina would resist pressure to dismantle its special economic /ones and coastal development /ones in its hid to re-enter the world trade body, the General Agreement on Tariffs
    The Straits Times  -  307 words
  • Article, Illustration
    Wanted: rich suitors for the emperor's daughter
    812 16  -  The Bottom Line KHAW WEI KANG KHAW WEI KANG The writer is managing director ofKhaw and Sons, a Singapore-based China investment consultancy, which is an investment promotion agent for several development zones. THE Shanghai municipal government is determined to turn the Bund into
    812 words
  • Article
    Lock icon Gore discounts reports of US foreign policy team reshuffle
    265 16 Router, AFP WASHINGTON US VicePresident Al Gore discounted on Sunday published reports that President Bill Clinton may soon reshuffle his foreign policy team, which has been under increasing fire for its handling of such hot spots as Haiti, Bosnia, Somalia and
    Router,; AFP  -  265 words
  • Article
    Lock icon West's no-risk approach a case of joint arthritis, says institute
    475 16 International Institute for Strategic Studies survey Reuter LONDON The West suffered from "strategic arthritis" over the past year, with the United States and other powers taking a no-risk approach that failed to tackle key world problems, an influential thinktank reported
    Reuter  -  475 words
  • Article
    Lock icon E Asian nations arming themselves, thanks to rising arms production
    451 16 Reuter LONDON Weapon production is rising in East Asia, allowing countries in a region Tilled with potential trouble spots to arm themselves, free from the restraints imposed by Western suppliers. The trend, a spin-oft" from the rapid economic growth experienced
    Reuter  -  451 words
  • Article
    Lock icon Russia to cut taxes, control companies' bank accounts
    246 16 Reuter MOSCOW Russia has announced a series of measures to help its ailing economy, combining the carrot of lower taxes with the stick of tough new controls on companies' bank accounts. Alexander Livshits, economic adviser to President Boris Yeltsin, yesterday said the
    Reuter  -  246 words
  • Article
    Lock icon Umno Youth urges KL to ease ban on British firms
    211 16 Reuter MALACCA The Umno Youth movement yesterday called on the government to ease the ban on the award of new contracts to British firms if the British press has really changed its attitude and make no adverse reports on Malaysia.
    Reuter  -  211 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      70 16 ,]+_>=~|&]`>${!%{$.{[']=)-%$"_> 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 ■■■■■——aw hi wwwiii "I in ip <i For further information, please contact: Sole Marketing Agent JL, Steven Loh Brooke Ms Evelyn Ho Hillier Parker
      70 words
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      Page 16 Advertisements Column 2
      0 16 ,&&{]?~}>&{">,_|'.``>'|&]"]={=&
      0 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        41 17 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5 6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings, Daiwa. Fraser, Kay llian, Morgan Grenfell. Ongco. Smith New Court and SG Warburg.
        41 words
      • Article, Illustration
        HOT STOCK
        152 17  -  By Paul Leo STRAITS Trading is likely to consolidate between $3.50 and $3.90 in the short term. Relative Strength Indices and Stochastics arc all neutral confirming the consolidation pattern. However, directional indicators are are pointing to a break on the upside for a rally towards $4.70 in the
        152 words
    • Article
      Creative signs deals with giants Microsoft, 3DO
      394 17  -  By Joseph Rajendran SINGAPORE Homegrown Creative Technology, best known for its world-famous Sound Blaster audio card, yesterday announced key agreements with giants Microsoft and 3DO. The agreement with the world's largest software firm Microsoft will enable both firms to develop audio and other
      394 words
    • Article, Illustration
      Goldtron to bank on proprietary products for further growth
      319 17  -  By William Chia SINGAPORE Sesdaqlisted Goldtron Ltd is banking on the group's proprietary products to be the core contributor of its future turnover and profitability. Executive chairman Ong Soon Kiat, in the company's latest annual report, said these products included LetsTalk
      319 words
    • Article
      IPC Corp gets $6m research grant
      155 17 SINGAPORE Singapore PC maker IPC Corp has received a $6.1 million research grant from the National Science and Technology Board (NSTB). The announcement of the grant yesterday will enable IPC to boost its R&D capabilities in interactive multimedia, wireless communications and work on different
      155 words
    • Article
      Singatronics' M'sian unit to double plant space
      250 17  -  By A J Leow SINGAPORE Listed consumer electronics manufacturer Singatronics Ltd says its 90-per-cent owned subsidiary in Malaysia will be doubling its existing factory space in anticipation of more orders from new customers. A statement from the company yesterday said that Singatronics (M)
      250 words
    • Article
      What exactly does Mr Ng want with YHS?
      926 17  -  HOCK LOCK SIEW By Lee Man Shih SINGAPORE The scenario of Singapore's Number One property developer Ng Teng Fong mounting a bid for Singapore's Number Two soft-drinks maker Yeo Hiap Seng may be all very dramatic, but it is unlikely to happen.
      926 words
    • Article
      Venture Manufacturing to expand operations
      235 17 SINGAPORE Scsdaq-listed contract maker Venture Manufacturing. which is raising 527.2 million through a rights issue, is expanding its Singapore and Malaysia plants. The firm, in a statement to the Stock Exchange of Singapore yesterday, said net proceeds from the issue were expected to be $26.7
      235 words
    • Article
      OUB's M'sian branches post 20pc rise in earnings
      265 17 SINGAPORE The Malaysian branches of Overseas Union Bank lifted earnings 20.7 per cent to M 524.94 million (5514.5 million) last year. Loans and advances by the bank's 13 branches across the Causeway surged 48 per cent to MS 1.58 billion at end-De-cember,
      265 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          LKN starts Shanghai property unit
          72 18 SINGAPORE: Listed construction group and property developer firm l.im Kali Ngam has set up a wholly-owned subsidiary in Shanghai through its subsidiary LKN Development. The Chinese firm. LKN Real Lstate Development (Shanghai) Co. was incorporated on April 29 and has been given a 30-year operating
          72 words
        • Article
          MISC raises stake in Leo Shipping
          40 18 SINGAPORL Malaysian International Shipping Corporation has boosted its stake in Singapore-based Leo Shipping from 200.(XX) to 250.000 shares. The new shares, which raise MISC's stake to 50 per cent, cost a total of $50,000.
          40 words
        • Article
          Lock icon China firm wins M$94m Tenaga deal
          83 18 MBT KUALA LUMPUR Tenaga Nasional Bhd yesterday signed a M 593.7 million (5555.3 million) contract with Xian Llectric Machinery Import and Export Company, a member of the China Xian Electric Group for the latter to supply and erect power equipment for Jalan Galloway and
          MBT  -  83 words
        • Article
          Lock icon TA Enterprise profits soar
          123 18 Bernama KUALA LUMPUR TA Enterprise Bhd has chalked up a pre-tax profit of M 5300.53 million (*****.3 million) for the six months ended April 30. 1994. up 214 per cent from the previous corresponding period in 1992. The company attributed the excellent result to a very
          Bernama  -  123 words
      • Article
        Lock icon NSTP posts 19pc rise in group pre-tax profit
        190 18 Bernama KUALA LUMPUR The New Straits Times Press (Malaysia) Bhd posted a 19 per cent rise in group pre-tax profit to M 557.16 million (5533.7 million) for the half-year ended Feb 28, 1994. compared with M 547.969 million in the same period
        Bernama  -  190 words
      • Article
        Lock icon IFC sees vibrant Philippine stock market in 10 years
        226 18 AFP MANILA The International Finance Corporation (IFC) yesterday predicted "rapid growth" for the Philippine stock market in the next decade but recommended more efficiency and transparency, the listing of more companies and the start of a bond market. "Over the next
        AFP  -  226 words
      • Article
        Berjaya and unit make cash calls for M$722m
        451 18  -  From Ho Kay Tat in KUALA LUMPUR BLRJAYA Group Bhd and its subsidiary Berjaya Industrial Bhd yesterday made two separate cash calls to raise nearly M 5722 million (***** million) mainly to finance several overseas investments and to repay borrowings. Berjaya Group
        451 words
      • Article
        Lock icon Telekom's first overseas venture to take off by year-end
        267 18 Bernama KUALA LUMPUR lelekom Malaysia Bhd's first o\erscas venture will take oflf by the end of this vear in Sri Lanka. MTN Network (Pto) Ltd of Sri Ltnka. in which Telekom lias a majority stake, yesterday signed a supply and installation
        Bernama  -  267 words
      • Article, Illustration
        Lock icon Park Villas condo resort in Malacca
        92 18 Photo by Chris Loh MALACCA Visitors to historic Malacca will soon have another resort to head towards. Park Villas, a condominium-hotel development by Malaysian company MBf, is in the final phase of completion. The project in .Malacca offers more than 400 apartments ranging from
        Photo by Chris Loh  -  92 words
      • Article
        Lock icon Sungei Way eyes China property market
        266 18 Reuter KUALA LUMPUR Malaysia's Sungei Way Holdings Bhd is considering property developments worth about MS 100 million (SSS9 million) in southern China. Last month, the construction. quarrying and building materials company signed a memorandum of understanding to build and operate a 15.2-km toll road
        Reuter  -  266 words
      • Article
        Lock icon Thai state-owned oil refiner Bangchak to go public next month
        325 18 Bloomberg Business News BANGKOK State-owned oil refiner Bangehak Petroleum pic will sell 20 per cent of its shares in an initial public issue early next month. When the company is listed in late July or early August, it will be
        Bloomberg Business News  -  325 words
      • Article
        Lock icon Sime-Consplant merger gets merchant banker's nod
        284 18 Bernama KUALA LUMPUR Bumiputra Merchant Bankers Bhd believes the financial terms of Si me Darby Bhd's proposal to merge with Consolidated Plantations Bhd are fair, reasonable and in the long term interest of Sime Darby. Simc Darby chairman Tun Ismail Ali. in a circular
        Bernama  -  284 words
      • Article
        UNIT TRUSTS & FUNDS
        541 18 UNIT TRUSTS FUNDS Managers' prices Ma> 24 Singapore Unit Trust flic ommcnx I 7 0 I WhJ The Savings fund I >X I 6 7 S'porc I'rog Fund 0.72 0 7 6 S'porc See Fund I «f> 1.12 S'porc Invcsl Kund 1.24 1.31 S'porc Fxjuil) Kund 0X6 O.'JI Asia Unit
        541 words
      • Article
        CSR in A$42m glasswool joint venture in China
        449 19  -  By Peter Osborne AUSTRALIAN building materials manufacturer and supplier CSR Ltd has taken another major step in its Asian growth strategy, with the announcement yesterday of a As 42 million (Ss47 million) joint venture to establish a glasswool insulation business in China,
        449 words
      • Article, Illustration
        Lock icon HK's Swire to join Coca-Cola in China venture
        308 19 Bloomberg Business News HONGKONG Conglomerate Swire Pacific yesterday said a subsidiary had signed a letter of intent to form a US$l5 million (5522.9 million) joint venture to make Coca-Cola and Chinese soft drinks in Zheng/.hou. a city in central China's Henan province.
        Bloomberg Business News; Reuter  -  308 words
      • Article
        Lock icon Minolta to set up copier unit in China
        75 19 AFP TOKYO Japan's Minolta Camera yesterday announced plans to invest 2.5 billion yen (5536.7 million) to set up a wholly-owned unit in southern China to produce photocopiers and laser-beam printers for export. The Osaka-based company plans to launch production at a new
        AFP  -  75 words
      • Article
        Lock icon Asahi-Dow Chemical venture
        88 19 AFP HONGKONG US-based Dow Chemical yesterday said it had signed a heads of agreement to establish a joint venture company to be based in Hongkong with Japan's Asahi Chemical Industry. The 50-50 joint venture between the two chemical giants will engage in the marketing, sales and service
        AFP  -  88 words
      • Article
        Lock icon CNT group net profit falls 42pc
        87 19 Bloomberg Business News HONGKONG Paint manufacturer and non-franchised bus operator CNT Group yesterday said net profit fell 42 per cent to HK562.05 million (S$ 12 million) in the fiscal year ended Dec 31, from HK$ 104.3 million. The company said increased costs due to
        Bloomberg Business News  -  87 words
      • Article
        Lock icon China to unify B share regulations
        94 19 Reuter HONGKONG China is to unify the regulations governing the issue of B shares, Chinese-listed shares available to foreign investors, a Chinese securities industry official said. Nie Qingping, an official in China's securities industries governing body, told reporters after a conference on foreign investment
        Reuter  -  94 words
      • Article
        Lock icon Gammon venture awarded HK project
        73 19 Reuter HONGKONG A joint venture formed by Gammon Construction, Dragages et Travaux Public and Bachy Soletanche Group has been awarded a HK$56O million (SSII2 million) foundations contract by an equal venture of Swire Pacific and Citic Pacific. The project is for a commercial complex in
        Reuter  -  73 words
      • Article
        Lock icon China Aerospace plans HK listing
        84 19 Bloomberg Business News HONGKONG China's state-owned rocket manufacturer China Aerospace Industrial plans to seek a Hongkong listing for a US$llO million <S$ 168 million) technology fund. The Eastern Express yesterday reported that China Aeronautical Technology Fund, which was launched last year, targetted businesses that were
        Bloomberg Business News  -  84 words
      • Article
        Lock icon Watchmaker Egana's profit up 113pc
        88 19 Bloomberg Business News HONGKONG Watchmaker Egana International yesterday said its net profit rose 113 per cent to HK$ 118.6 million (Ss23 million) for the period ended Dec 31, 1993, from HK555.7 million. The company said increased sales in Europe and in the Asia-Pacific led to
        Bloomberg Business News  -  88 words
      • Article, Illustration
        Lock icon BA's pre-tax up 63pc to £301m
        352 20 Bloomberg Business News LONDON British Airways pic says pre-tax profit for its recent fiscal year has risen nearly two-thirds as operating costs fall and the number of high-paying fares rise. The UK's largest airline yesterday said pre-tax profit for the year ended March 31
        Bloomberg Business News  -  352 words
      • Article
        Lock icon Samsung to buy 50.75pc of Japanese hi-fi maker Lux
        385 20 Bloomberg Business News TOKYO Korean electronics giant Samsung Electronics will acquire a 50.75 per cent share of Japanese hi-fi audio maker Lux Corp. The acquisition is part of a bail-out plan designed to salvage money-losing Lux. "We needed a partner to
        Bloomberg Business News  -  385 words
      • Article
        Shanghai B share market at rock bottom, says Sun Hung Kai
        337 19  -  By Teh Hooi Ling SINGAPORE The Shanghai B share market has hit bottom, says Hongkong broker Sun Hung Kai in its latest weekly report. In Asia Weekly Focus. SHK says: "We believe the downside is limited and the market
        337 words
      • JAPANESE RESULTS
        • Article
          Lock icon Chemical firms' profits fall 25-76pc
          101 20 Bloomberg Business News TOKYO Japan's largest petrochcmical firms reported plunges in pre-tax profit of between 25 per cent and 76 per cent for the year ended March 31 following a slump in prices, overcapacity, low domestic demand and the appreciation of the yen, the Financial
          Bloomberg Business News  -  101 words
        • Article
          Lock icon Kyocera sees economic recovery
          103 20 Bloomberg Business News TOKYO Kyocera Corp, Japan's top maker of ceramic materials, said an economic recovery in Japan and stability in foreign exchange markets will help the company post profits in the current financial year more than 20 per cent higher than the year just ended.
          Bloomberg Business News  -  103 words
        • Article
          Lock icon Komatsu profit falls 55pc
          89 20 AFP TOKYO Japanese construction machinery giant Komatsu Ltd said its consolidated pre-tax earnings slumped 55 per cent from a year earlier to 13.9 billion yen in the year to March. The world's second-largest manufacturer of construction equipment said sales dropped 2.8 per cent to 846 billion
          AFP  -  89 words
      • Article
        Lock icon Federated vows to pursue Macy despite judge's ruling
        232 20 NYT NEW YORK Federated Department Stores Inc has vowed to continue its quest for a merger with RH Macy Co although it has been at least temporarily sidelined by a court decision that allows Macy alone to submit a plan for emerging
        NYT  -  232 words
      • Article
        Lock icon Nintendo's earnings plunge on strong yen
        292 20 AFP TOKYO Japanese computer game giant Nintendo's pretax earnings have plunged 44 per cent from a year earlier to 92.8 billion yen (S$ 1.37 billion) in the year to March. The company yesterday said sales dived 23.5 per cent to 486 billion yen in
        AFP  -  292 words
      • Article
        Lock icon Not all gloom and doom for some Japanese firms
        299 20 Reuter NEW YORK Analysts expect some Japanese companies to stage a comeback after recent cost-cutting and streamlining. among other factors, Barron's Weekly said. Barron's said some electronics and electrical-equipment manufacturers arc expected to have gains for the year. Earnings at Fujitsu
        Reuter  -  299 words
    • FINANCE
      • Article, Illustration
        Lock icon Globex saga highlights race for lucrative after-hours trade
        562 21 FT LONDON The latest episode in the Globex saga has Highlighted the strong belief among the world's leading futures cxehanges that there is demand for, and money to be made in. after-hours trading. The million-dollar question is whether Globex will be able
        FT  -  562 words
      • Article
        China Everbright clinches US$84m loan
        142 21 SINGAPORE China Everbright International Trust and Investment Corp has borrowed US$B4 million (S$ 129 million) in the Asian capital market. The five-year transferable loan, tied up yesterday in Hongkong, was arranged by Tat Lee Bank, Commerzbank Aktiengsellschaft Hongkong, KEB Asia Finance and Merrill Lynch. It
        142 words
      • Article
        Lock icon Big Japanese banks9 profits seen plunging fifth year in a row
        508 21 Big Japanese banks 9 profits seen plunging fifth year in a row Reuter TOKYO Japan's giant commercial and trust banks, trying hard to restore their asset quality, are expected this week to announce declines in profits for the fifth year in a row, analysts and financial sources said yesterday. Earnings
        Reuter  -  508 words
      • Article
        Lock icon HK bank allowed yuan business in Shantou: report
        236 21 Reuter HONGKONG Chinas Shantou special economic zone has authorised a joint-venture bank to conduct yuan business, the Beijing-controlled Wen Wei Po said. Hongkong-based Jingwei Financial Investment Co has signed a US$2O million (5530.8 million) agreement with Shantou Bonded Zone to set up
        Reuter  -  236 words
      • SMALL CHANGE
        • Article
          Lock icon Second Philippine bank seeks govt aid
          131 21 AFP MANILA A second private Philippine bank has sought emergency standby assistance from the government after being hit by a securities scam. Planters Development Bank (PDB), whose investors include government banks, the Asian Development Bank and the Netherlands Development Finance Co, said its application
          AFP  -  131 words
        • Article
          Lock icon BAT revamps insurance unit
          91 21 Reuter LONDON BAT Industries pic yesterday said it was reorganising its Eagle Star life and general insurance division to reflect changing perceptions and buying patterns in the insurance market. As part of the revamp, current Eagle Star Insurance chairman John Bishop will be leaving the company.
          Reuter  -  91 words
        • Article
          Lock icon Risk control for Mitsubishi Bank
          76 21 Bloomberg Business News TOKYO Mitsubishi Bank will set up a risk control system within this month which integrates risk arising from transactions in various financial instruments, a Mitsubishi Bank official said. The new system will allow Mitsubishi to keep daily tabs on its positions as
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Soros group takes stake in Lancer
          90 21 Reuter WASHINGTON A group including financier George Soros said it holds a 5.4 per cent stake in Lancer Corp. A Soroscontrolled partnership most recently bought 23.4(H) common shares between May 5 and May 18 at US$lB.O4 to U5519.46 a share, according to a filing
          Reuter  -  90 words
      • Article
        Lock icon Emerging markets' Eurobond trading stalls, investors loath to sell
        429 21 Bloomberg Business News LONDON Emerging markets' Eurobond trading is drying up because investors are unwilling to sell the securities they own at today's depressed prices. It is now difficult to find anyone in the market willing to make a price at
        Bloomberg Business News  -  429 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Saudi Arabia eyes E Asian oil joint ventures
        536 22 Minister on four-nation trip to find new refining outlets Reuter SEOUL Joint ventures in Asia will play a key role in Saudi Arabia's attempt to turn its state oil firm Aramco into a fully integrated multinational, a senior Saudi official said. "We
        Reuter  -  536 words
      • Article
        Crude oil futures up on Valdez port closure
        180 22 Bloomberg ENERGY REPORT LONDON Oil futures prices rose after the Valdez crude oil terminal in Alaska was closed following a 200-bar-rel spill. The tanker Eastern Lion, with a cargo of 830,000 barrels of Alaskan North Slope crude owned by BP Exploration (Alaska)
        180 words
      • Article
        Lock icon Japan may be at aluminium talks
        271 22 Knight-Ridder TOKYO Japan may be invited soon to participate in multilateral trade talks aimed at reducing the world's oversupply of aluminium. Ishio Fukanaga, an official with the non-ferrous metals division of the Ministry of International Trade and Industry, told Knight-Ridder today that Miti has
        Knight-Ridder  -  271 words
      • Article
        Lock icon New M'sian oil, gas well yielding 9,500 bpd
        243 22 Bernama KUALA LUMPUR Another oil and gas well discovered by Esso and Petronas Carigali in the Yong field flows at a cumulative rate of 9,545 barrels a day, Esso said yesterday. In its bulletin Esso in Malaysia, the company said the Yong
        Bernama  -  243 words
      • Article, Illustration
        Lock icon Saudis plan to send oil team to China soon
        272 22 FT BEIJING Saudi Arabia will send a delegation to China soon to explore new investment opportunities in oil refining and exploration following last week's visit to Beijing by Hisham Nazer, the Saudi Oil Minister. China's official Business Weekly reported that the
        FT  -  272 words
      • Article
        Lock icon China may import more key metals
        183 22 Knight-Ridder HONGKONG China's government expects to import more key metals, including copper and aluminum, during the second half of this year if targets for fixed-asset and gross domestic product growth are exceeded, the official China Daily newspaper reported on Sunday. Figures from China's Ministry
        Knight-Ridder  -  183 words
      • Article, Illustration
        Lock icon THE ASIAN
        127 22 THE ASIAN currency market was uneventful yesterday, with the US$ continuing to trade around last week's level. Many European centres were on holiday and awaiting news on US-Japan trade talks. Against the Ss, the USS opened at 1.5370-80, little changed from its Friday close. Trading was subdued, with
        Charts by Dow Jones Telerate  -  127 words
      • Article
        Lock icon LONDON
        184 22 Bloomberg Business News LONDON The dollar steadied against the deutsche mark and yen yesterday as traders awaited developments from informal trade talks between US and Japanese officials in Washington. Optimism about an agreement to resume formal talks between the two countries has kept traders wary of buying yen for
        Bloomberg Business News  -  184 words
      • Article, Illustration
        Untitled
        1266 22 Iradr-HrifhmJ index ixdmlated against Spore's lap 14 trading partners I Base year 198 5 US$/S$ forward rates Noon May 23 s$ Bid Oder 1-month I 5352 1.5367 2-month 1.5349 1 5364 3-month 1.5345 1 5360 6-month 1.5336 1.5356 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m on May 23
        1,266 words
      • Article
        Lock icon NEW YORK
        87 22 AFP NEW YORK The dollar was mixed in quiet early Wall Street trading yesterday as several of the main European markets were closed for a holiday. At 9:30 am (1330 GMT), the dollar was at 1.6463 marks compared to 1.6465 marks at Friday's close and at 104.27 yen
        AFP  -  87 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar falls after losses in Chicago
        1367 23 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures closed lower yesterday following losses in Chicago on Friday, dealers said. "We can expect some pressure on Eurodollar during this week ahead of Tuesday's two and fiveyear note auction," a Japanese dealer said. However, he added the
        Reuter  -  1,367 words
      • KL tin ends up on European buying
        • Chapter
          Untitled
          391 23 COMMODITY REPORTS Brokers said July RSSI was dealt at 149.75 Singapore cents against last Friday's 150.50 settlement. Kuala Lumpur: The Malaysian rubber market extended its weak trend to close lower on lack of fresh buying orders. Dealers said the market was quiet with no enquiries from consumers. The absence of
          391 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Stainless steel demand tipped to rise
          133 23 TOKYO Strong domestic and overseas economic growth is causing a rapid rise in stainless steel consumption and production in Taiwan and South Korea, according to Japan's Sumitomo Metal Mining Co Ltd. As a result, demand for nickel, a primary component of most stainless steel,
          133 words
        • Article
          China state-run mines may get tax cuts
          108 23 HONGKONG China may grant tax breaks to non-ferrous metal mines run by the state to save them from bankruptcy, the official China Daily newspaper reported on Sunday. Officials at the China National Nont'errous Metals Industry Group estimate state-run mines will have to pay
          108 words
        • Article
          Poongsan wins copper coin deal
          109 23 SEOUL Poongsan. South Korea's largest copper and copper alloy producer, has won contracts to supply 3,820 tonnes of coins and coin blanks to Argentina and Thailand, a company official said yesterday. Poongsan. in cooperation with the staterun Korea Security Printing and Minting Corp. will manufacture
          109 words
    • Article
      COMMODITY PRICES
      1484 23 Rubber May 23 Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jun 94 I 149.25 150 825 Jul 149.75 149.75 149.50 200 2600 Aug 149.75 149.25 148.50 300 1375 Sep 149 25 149.25 148.00
      1,484 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1365 24 17.1 The Australian share market came alive in the afternoon to close firmer on the back of a surging gold sector, brokers said. The All Ordinaries Index closed up 17.1 points at 2.121.0. "With gold stocks moving forward, that's accounting for a large part of the market move," said
        1,365 words
      • Article
        Manila
        598 24 51.85 Share prices rose 1.8 per cent on aggressive buying of selected blue chips as the market looked like heading for the 3,000-point level, brokers said. The Philippine Stock Exchange composite index rose 51.85 points, or 1.8 per cent, to 2,922.17 from the 2,870.32 posted on Friday when the
        598 words
      • Article
        Taipei
        529 24 -13.5 Taiwan share prices closed slightly lower in slow, narrow trade, as investors stepped to the sidelines after a week of falls. The index ended down 13.50 points at 5,817.68, after moving within a narrow range of 5,796-5,850. Turnover fell to NT531.14 billion from Saturday's NT532.52 billion, the lowest
        529 words
      • Article
        Seoul
        417 24 0.69 Stocks close lower for the third consecutive session in mixed trading with persistent blue chip consolidation overshadowing the market, brokers said. The composite stock index shed 0.69 point to 945.50. Individual investors selectively placed orders in low-priced shares which have fallen drastically. Gainers outpaced losers by 378 to
        417 words
      • Article
        New Zealand
        296 24 +4.99 New Zealand shares ended higher, mainly on renewed demand for leading blue chip Telecom Corp. traders said. The New Zealand Top 40 share index rose 4.99 points to 2,138.24, with Telecom gains offsetting minor losses in other major stocks. Within the index, advancing stocks outnumbered decliners by
        296 words
      • Article
        Bombay
        52 24 -35.82 Stock prices ended lower as major players, tired of betting on events and finding them unfulfilled, withdrew from the market, brokers said. The Bombay Stock Exchange 30-share index closed 35.82 points down at a provisional 3,747.85, brokers said. The 100-share national index ended 7.07 points down at a
        52 words
    • WORLD STOCK MARKETS
      • Article
        London
        745 24 -18.9 STOCKS declined yesterday as a falling dollar raised the possibility that the US Federal Reserve will increase US interest rates to defend the currency. The FT-SE 100 Index of leading British shares fell 18.9 points to 3,108.4, led by BAT Industries pic, Ladbroke pic and Hanson pic. Stocks
        745 words
      • Article
        Milan
        237 24 -242 Italian stocks fell 2 per ccnt 93 overseas investors sold their shares in the wake of Prime Minister Silvio Berlusconi's election victory, analysts said. The Milan market's Mibtcl Index ended down 242 points, 1.96 per ccnt, to 12,122. At one point yesterday, the index was down ?.9 per
        237 words
      • Article
        Johannesburg
        299 24 19 Shares dipped by the close on profit-taking after silver weakness prompted fears of a gold price retraction and Wall Street losses dampened bullish sentiment, dealers said. They said the undertone remained firm but some investors were staying out of the market ahead of today's speech to parliament by
        299 words
      • Article
        New York
        1153 24 -28.86 A fall in bond prices amid worries that interest rates may be heading higher yesterday took the fizz out of Wall Street's recent rally, sending blue-chip stocks lower. The Dow Jones Industrial Average was off 28.86 points at 3,737.49 at 1 pm EDT. Declines led advances 11-7
        1,153 words
      • Article
        Untitled
        1647 24 Britannia Funds Sterliat Cash Bid Offer Mim Cap Deposit 38 6400 38.6500 Mim Jer*e> Gik 0 1893 0.1992 Mim Max Income ***** ***** USS Cash Income Plus Fund 10.0700 *****0 PS Reserve Fund 5.2500 5 2600 Sterling Kouitv Euro Performance0 4592 0.49)8 Far Ea« Fund «2 7650 *2 9730 Man
        1,647 words
    • Article, Illustration
      Lock icon HONGKONG
      3151 25 Bloomberg Business News HONGKONG Hongkong stocks dropped yesterday as investors took advantage of a rise of about 15 per cent in the benchmark Hang Seng Index from May 5 through last Friday. "We had a very good run," said Chris Malpass, sales director at Peregrine Brokerage. Investors started in
      Bloomberg Business News; Source: Bridge Info  -  3,151 words
    • Article, Illustration
      CHINA
      552 25 STRONG across-the-board buying from domestic investors pushed the Shanghai B shares up 4.2 per cent yesterday. Individual counters, such as Tyre and Rubber and Erfangji, jumped more than 13 per cent. Only two stocks, China Textile Machinery and Lian Hua Fibre, remained unchanged fjom last week's close. Market attributed
      552 words
    • Article, Illustration
      Lock icon TOKYO
      2530 25 Bloomberg Business News TOKYO Stocks rose for the fourth straight day, as investors bid up issues likely to benefit from a turnaround in the economy and those companies predicting better-than-expected earnings. Sony and Pioneer led a group of companies whose shares jumped on better-than-expected earnings forecasts. Nippon Steel Co
      Bloomberg Business News; Source: Bridge Info  -  2,530 words
    • Article, Illustration
      Lock icon BANGKOK
      1851 25 Bloomberg Business News BANGKOK Thai stocks were little changed yesterday as some investors sought to lock in recent gains and others focused on expectations of good earnings at major companies, such as Siam Cement. The market's modest gain in light trading indicates that more gains are ahead, analysts said.
      Bloomberg Business News; Source: Bridge Info  -  1,851 words
    • Article, Illustration
      Lock icon JAKARTA
      1154 25 Bloomberg Business News JAKARTA Indonesian stocks rose yesterday as investors bought blue chips with strong earnings potential, traders said. The benchmark Jakarta Stock Exchange Composite Index, which tracks all stocks, rose 10.37 points, or 1.9 per cent, to close at 498.36. The GTDBS-50 index of 50 top stocks rose
      Bloomberg Business News; Source: Bridge Info  -  1,154 words
    • Article
      CLOB INTERNATIONAL
      2930 26 WSSmi^ZZZ. Mulplu Inll 50t 3,102.000 UlmHydttr I.4%.000 Kox fig BhJ SOc <»78.000 Pro.ix-1 924.000 kamuntina Mk 887.000 Lien Hoc TSK97 466 000 FMB 50c 821.000 Kcnuyan MX- 583.000 < icnlmg |nl IISS 581.000 Maftt-ruqiosc 510.000 Insjs bhj 488.000 AMDS 50c 473.000 Johan Hklgs 50c 461,000 1 ilOff MTWt
      2,930 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares end lower amid inflation concerns
        5801 26 Bloomberg Business News KUALA LUMPUR Stocks closed down for the fourth day in a row yesterday amid concern about the country's ability to contain inflation, traders said. Investors are ignoring Malaysia's sturdy economic, corporate and political fundamentals, said analysts and traders. The benchmark Kuala
        Bloomberg Business News; Source: Bridge Info  -  5,801 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7593 27 MAIN BOARD Transaction date: May 23 Or (>r 1<W4 Last Vol Day Last Quote Di» Di* \ld Vl .M Cap High Company Sale 000) lli|(h Low Buyer Seller S Or S PC Smil INDUSTRIAL AND COMMERCIAL ISO 206 I s Vina 880 cd -5 58 840 880 880 840 17
        7,593 words
      • Article, Illustration
        Lock icon Rush for SBS shares boosts ST Index
        1949 28  -  By Paul Leo SINGAPORE Local stocks were mixed yesterday, with investors sidelined in a short trading week. But the Straits Times Industrials Index still edged up 2.3 points to 2,339.31 boosted mainly by one component stock, Singapore Bus Service. SBS, Singapore's largest bus
        Charts by Bridge Info; Source: Bloomberg  -  1,949 words
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      459 17 NEWS VALUE How today's news might affect your stocks No sharp hike in April inflation despite GST (pg I) One reason cited is the strong Singapore dollar. Expect the currency to stay firm. YHS shares hit all-time high of $4.04 (pg I) Punters are taking the price deeper into speculative
      459 words
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      167 18 r NOMINATION FORM SOMEONEWHO... j lra ulk Possesses outstanding I Name entrepreneurial and j Designation intrapreneurial skills? I Organisation Has been a leading player in 1 Business Address the success of his/her own I organisation? I Office Tel Fax Has contributed significantly w c i j j 7 I My
      167 words
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      Page 18 Advertisements Column 2
      8 18 I he dividend table has been held over
      8 words
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      176 19 ciecrtoNic run I 1 1 $U s u Te^»i°o N" 1 y\) fl./ Li-i— "^"^^ESSSSeiiSIIiSSISSSBSSSwSiBS^ r•y h v <*11 HI fl i 20 Nissan now offers two Bluebirds witfi two distinct j| jFrSarijlP *1. <^K < '^^■w^^BB^BE!^BbS^OBB^E I^EBHBBUM^^BI^^B^^Bi^P 6 OOO^' One's strictly while fhe other p has a sporty touch.
      176 words
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      1412 20 ®KIAW AIK HANG FINANCE COMPANY LIMITED (Incorporated in Singapore) 157, SOUTH BRIDGE ROAD, SINGAPORE 0105. TEL: *****66 BALANCE SHEET Hire purchase receivables 34 119 December 31,1993 Less unearned income (3) (21) Notes 1993 1992 il 98 ASSETS S'ooo $'000 Tola! 476 g 6,239 Current assets: Cash, deposits and funds at
      1,412 words
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      586 21 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 Hangzhou/Huangshan/
      586 words
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      193 22 R7l University of Vy South Australia DOCTOR OF PHILOSOPHY (Ph.D.) DEGREE MM IN BUSINESS AND MANAGEMENT HHM 2nd Intake September 1994 By Research Admission Requirements: An MBA degree or a specialist Master's degree plus substantial management, business, consultancy or academic experience. Holders of a first class honours degree from a
      193 words
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      271 23 BUSINESS TIMES TOLL-FREE TEL No. 1-600-741-1883 FAX 741-1298 TOE COMPANIES ACT. CAP 50 TEMPS TRADING PTE LTD (In Voluntary Liquidation) SPECIAL RESOLUTIONS PASSED ON 18 MAY 1994 At an Ex inordinary General Meeting of the company held at 561-C Bale slier Road Singapore 1232 on 18May 1994 the following special
      271 words
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      Page 23 Advertisements Column 2
      41 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. iHRHI iHMHi llflill iHHRVHi iwmmmi Co# I I 737-1166 to place a quick- I c .a?t.s. I I acting ad. 1737-iix
      41 words
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      95 24 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers
      95 words
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      47 25 ACTAL NEUTRALISES STOMACH ACID. Actal neutralises stomach acid, giving quick relief from stomach discomfort, 1 'I FAST-ACTING ANTACID J Jm Stfri i\ir 9 as tric pain, indiges- relieves gastric pain. -ilw u ii i HlAmum AND UPSETJWMACH, JS I Health tion and heartburn. I mr- dk 2
      47 words
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      50 27 Every time you spend $50 on your MasterCard cord, your name goes into a lucky draw in which we're giving away three Business class return or,wolo e^^up^no s 1 21, 1994. For more information, con t ac t your MasterCard issuing bonk, sssa,™ v 'Rffrr Promotion Kults and Refutations 3
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      Page 27 Advertisements Column 2
      21 27 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday SINGAPORE r 1 Business Times VC&OWAJU
      21 words
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      237 28 ROBINSON COMPANY, LIMITED (Incorporated in Singapore) LOST STOCK CERTIFICATE Stock certificate no. *****3 covering $800 stock units in the name of DBS Nominees (Private) Limited has been reported lost, destroyed or mislaid. NOTICE IS HEREBY GIVEN that new certificate will be issued and the above original certificate will be deemed
      237 words
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      Page 28 Advertisements Column 2
      296 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OSA CONTRACT SERVICES PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pursuant to Section 290<2)<b)] At an Extraordinary General Meeting of the Company held at 224 Pandan Loop. Singapore 0512 on the
      296 words
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      861 28 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 A Golden Plus Holdings Berhad (Incorporated in Malaysia) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Tenth Annual General Meeting of the Company will be held at the Perak Room, Basement 2, Shangri-La Hotel, 11 Jalan Sultan Ismail, ***** Kuala
      861 words
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  • Shipping Times
    • Article
      US carriers in East Med space-sharing agreement
      407 29  -  By Rahita Elias SINGAPORE Two US carriers will pool their resources on the Asia-East Mediterranean trade from next month. American President Lines (APL) and Contship Containerlines have entered into a slot charter agreement which will begin on June 4. Oakland-based APL is a
      407 words
    • Article
      Lock icon Oil spill off Alaska being cleaned up
      152 29 AFP ANCHORAGE, Alaska Cleanup crews worked through the day on Sunday to clean up some 200 barrels of oil spilled by a tanker near the site of the worst spill in US history. The Eastern Lion, which was carrying about 830,000 barrels of
      AFP  -  152 words
    • Article, Illustration
      Singmarine's new dock can handle 40,000 dwt vessels
      155 29 SINGAPORE Singmarine Dockyard Engineering's new dock is fully operational. The company said yesterday the dock serviced its first vessel on April 23. The vessel was Sioja. a 24,432 deadweight tonne container/dry cargo carrier operated by United Shipping Services One of Norway. Since
      155 words
    • Article
      Lock icon Bulk carrier grounded in Rio Grande
      252 29 Knight-Ridder LONDON The 61,737-deadweight-tonne bulk carrier Focomar grounded in the Rio Grande due to communications problems between the pilot and crew, according to Lloyd's Intelligence last Friday. While the vessel was still inside the buoyed channel, about one kilometre outside the breakwater, the starboard
      Knight-Ridder  -  252 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      813 29 Page Col Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •API- 5 3-5 •Appenship 8 4/5 ANL 3 1/2 •ASCL 5 5 Assist Marine 6 1 Avant Shpg 6 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Batamindo 7 3
      813 words
    • Article, Illustration
      Container throughput at Hamburg up
      82 29 SINGAPORE The German port of Hamburg handled 16.6 million tonnes of cargo in the first quarter of this year, or 9.8 per cent more than in the same period last year. Inbound cargo totalled 9.9 million tonnes, and outbound cargo 6.6 million tonnes. The shift
      82 words
    • Article
      Lock icon Two US carriers to call at British Columbia ports: report
      349 29 Knight-Ridder VANCOUVER US-based Sea-Land Services Inc reportedly was scheduled on Sunday to begin making a weekly direct call at the Fraser Surrey Docks on its trans-Pacific service, marking the first of two major US shipping lines beginning service at British
      Knight-Ridder  -  349 words
    • Article
      Lock icon China auctions impounded ship
      150 29 Reuter SHANGHAI A court in the south China city of Guangzhou has auctioned a Romanian cargo ship impounded after it failed to deliver a shipment of steel to a Chinese company, the Wen Hui Bao newspaper reported on Sunday. It said the ship was sold, after
      Reuter  -  150 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        678 30 Vessel Voy No Berth Arrival Departure Jurong Port Au*a Seraya AS 13 94 12 alongside 24 05 2000 Batam Murm 05,07 94 19 alongside 24 05 2300 Dew. Seraya 09 94 12 alongside 24 05/1815 Irene 118/19 alongside 2405/2359 Irian laya 20 94 13 alongside 2405/0200 Kotndo
        678 words
      • Article
        CONTAINER SCHEDULES
        2005 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinj/Balance RsJts Ship Voy No Etb/Btr Period From To From toSwo USA 25/1500 IA 23/1500 23/1659 23/1900 2A 23/1/00 24 0659 24 0900 26 23/1700 24,0659 24 0900 3 24/0/00 24/1159
        2,005 words
    • Article
      THE SHIPPING GUIDE
      13112 38 This is a list ot ships loading at Singapore for ports around the world. It tabulates, by destination, the name ot the ship, the shipping line involved and the estimated dates ot arrival and departure from the Port of Singapore. LEGEND FN: ship calls at Pcnang after
      13,112 words
    • Article
      SHIPPING AGENTS
      3334 43 A X )lB( (ontainerline NY: Belsin Shpg \goacics Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Lid (SVACcord Contr Line (PK/PN). Vdlvis Business orporation Philippine alSburce Shpg Trdg Pte Ltd (S) Vhpenkiel Liner Service Kim Shpg I rdg <S) Mbatros Se«-Air Service: Frata Shpg
      3,334 words
    • Article
      COURIER SERVICES
      282 43 Abacus Couriers Tel: 545-8011. Fax: 545-1898 Air Express lra*el Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80 Airswift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Cilx-IJnk International Tel: 344-3377. Fax: 345-6450 C luster Link Supplies Seniees
      282 words
    • Article
      AIR FORWARDERS
      1520 43 Abex Express Freight Tel: 542-7171 Fax *****84 Actinic lor warder Tel: 225-1833 Fax *****42. Activair Singapore Tel: 542-7821 Fa* *****20 Aeroliak Freight International Tel: 545-8033. Fax *****05 Aerospced Tel: 542-591 J. Fax: *****18 Air Cargo Novo Fx press Tel: 542-5454 Fax: *****06 Air Express International Tel: 542-7666 Fax:
      1,520 words
    • Article
      PORT CONDITIONS
      2420 44 ALBANIA Durres: Six vessels in port of which discharging; I bulk coal. I steel, 1 bagged sugar, I bagged wheat Hour and sugar. I bagged wheat flour, I loading chrome; no vessels waiting in roads. ANGOLA Luanda: Power supply still intermittent. No berthing delays in port. No berthing
      2,420 words
    • Article
      CRUISE & FERRY SCHEDULES
      430 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel KIA til) Ports of Calls Port Agent telephone No MAY 24 24 Leisure World 1330 2015 C ruise to Nowhere New Centur\ lours 227-8284 Corporation 25 25 Leisure World 1300 2015 Jakarta-Cruise to New Centurs Tours 227-8284 Nowhere Corporation 26
      430 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      1203 44 SHIP SALES TANKER RATES AFP THE PURCHASING interest for drycargo vessels remains strong and we have evidence of new market highs being achieved for 80s built Panama/ and handysize tonnage. Tanker activity remains quiet, however procopiou (centrofin) are reported to have purchased the navix controlled Aframax tanker m/v 'Saiko Maru'
      AFP  -  1,203 words
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      COCKETT BUNKER MARKET REPORT
      959 45 I HIS twice weekly report, torn piled by Coekett Marine Oil Lid. shows price ranges in US doilars instead of single prices lor a more comprehensive description of the market. Prices shown are based on avcragc-si/cd stem Market movements are indicated I he Coekett Bunker Price
      959 words
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      VERITAS BUNKER QUALITY REPORT
      638 45 Carbon Carton May 19 Density Water Residue Ash Akmnurn Sediment Density Water Residue Ash Akitnum Sediment '.MM '-MM Exxon two* 1 KG M*3 "oV/V M M M M PPM method KG M'3 V/V 'MM 'MM PPM method ISO/Cimac Limits Spec E25 991 10 15.0 0 10
      638 words
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      DAILY FREIGHTS
      1425 45 A holiday in continental Europe next Monday contributed to sluggish activity here on the freight market, brokers said. The Baltic Freight Index for spot dry cargo shipping rates was unchanged at 1.501 on Friday, with the base being Jan 4 1985 equals I.(XX). Atlantic Panamax activity was slow.
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      Lock icon UK ports walk the privatisation tightrope
      964 46  -  The metamorphosis of UK ports from unionised inefficiency to privatised profit centres has not yet been completed, reports Richard Clayton Richard Clayton Fairplay Till: IMAGE of UK ports has been turned completely on its head since 19X9. In that year, after many years of
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      TRANSPORT DIARY
      867 46 COURSES Title: Import/Export shipping Procedures (SDF 50%) Duration: May 18 Jul 6(8 evenings) Organiser: Elim Management Services Tel: For further details/registration call 292-5670. title: International Freight Forwarding II (SDF 50%) Deration: May 24 Sep 9 (30 evenings) Organiser: Singapore Freight Forwarders Association Tel: For more information contact SFFA
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    • AIR AND LAND TRANSPORT NEWS
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        Lock icon China to push for better service on its airlines
        279 48 UPI BEIJING China wants to consign lost baggage, poor inflight service and inexplicable delays to the past as it upgrades service on its airlines and aims for 70 per cent customer satisfaction, an official newspaper said last Saturday. "In three to
        UPI  -  279 words
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        Lock icon Moving house
        38 48 Reuter PORAC, Philippines Filipinos carry their house onto a truck for relocation to another site in northern Porac town in Pampanga province on Sunday. The town has been submerged in mudflow from Mount Pinatubo volcano. Reuter
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        Lock icon 45-min clearance for airport passengers possible
        383 48 Reuter HOUSTON An airports industry group is promoting new technology that would cut the time it takes an arriving passenger to leave an airport to 45 minutes at the most, its director said on Sunday. Oris Dunham, director-gen-eral of the Geneva-based Airports Council International
        Reuter  -  383 words
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        Lock icon United Airlines employee buyout plan to be modified
        382 48 AP CHICAGO The parent of United Airlines and unions representing its pilots and machinists have agreed to modify their US$4.9 billion (557.6 billion) proposal to form the nation's largest employee-owned company. UAL Corp's sagging stock price and growing discontent among union members
        AP  -  382 words
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        Lock icon Eurotunnel faces key week for survival
        628 48 It seeks £700 m from banks for refinancing Reuter LONDON Eurotunnel pic faces a crunch week in its troubled eight-year life as the An-glo-French Channel tunnel operator scrambles to bring banks in line before asking long-suf-fering investors for a life-saving share issue. The market
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          Lock icon China fund plans HK listing
          93 48 Bloomberg Business News Hongkong China's state-owned roeket manufaeturer China Aerospaee Industrial plans to seek a Hongkong listing for a USSIIO million (*****.5 million) teehnology fund, the Eastern Express reported yesterday. The China Aeronautical Technology Fund, which was launched last year, targets businesses that are being
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          Lock icon Qantas to refinance US$700m debt
          88 48 Bloomberg Business News SYDNLY Australia's Qantas Airways will refinance US$7OO million (SSl.l billion) of debt through the capital markets in the next few months, the Australian Einancial Review reported yesterday. The refinancing is part of an agreement with its bankers ahead of the public sale
          Bloomberg Business News  -  88 words
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          Lock icon US airline gets nod for IPO
          132 48 Bloomberg Business News DENVER Frontier Airlines Ine said last Friday it has received approval from the Securities and Exchange Commission of its registration statement for an initial public offering (IPO). The new airline, founded by some of the same people who ran the old
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          Lock icon Conrail strikers to return to work
          71 48 Reuter PHILADELPHIA A judge striking Conrail Inc employees baek to work 13 hours after they walked off the job claiming lax safety standards put their lives in danger. The repair workers for the 14-state freight railway system said they would obey a temporary restraining
          Reuter  -  71 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1406 48 ati mi n* rapt cto^ Abu Dhabi GA893 1835 GA984 2340 GA974 2350 Metakie QF81 1925 QF82 2055 SQ228 2120 Amsterdam KL831 0935 KL844 0035 GA893 1835 KL838 2300 GA974 2350 SQ26 2355 Athens SQ348 2250 Auckland NZ73 1550 SQ288 2045 SQ286 2040 NZ74 2340 Bahrain
        1,406 words
      • Article
        Lock icon Lucas denies its parts to blame for US jet failures
        426 48 Reuter LONDON British motors and aerospace group Lucas Industries pic on Friday denied any blame for parts failure affecting the United States Defense Department's F/A-18 Hornet fighter programme. The group confirmed it was co-operating with investigations by the US Navy
        Reuter  -  426 words
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      384 30 TSKUNE AGENCIES (S) PTE. LTD. TP "17 "W wmyp Tel: 226-3363 rj9Mn J. 3 J\ JIM H Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR N <> 1 **********N 1 EXPORTS TO HOHGKON6. MANILA. TAIWAN ft JAPAH "TWICE WEEKLY" T~ \<mmm m mK*Kt\m\mmmwmmmmm C*ll MERCURY 61 25.05 2105 ACX ROSE
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      1275 30 m EXPORT I ot t c 7 z\ .J 0 asssssss B lit s" si; »< g; >»«.— —m —m —m ruirnAMA hipitfb wn *16 2SS 276 29 6 30 6 286 286 296 nt 2 7 WD HONGKONG 5 > 022* (6 116 22 6 I 23/6 I 25,'6
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      2245 31 ippiug nines, lutrsuny ma; m E L C 32 3^^U E FAI D 22U A 9 R 4 D 2 ,NE SH PP NG AOENC ES P^SUSg^HL'MS6777??M M-*****42 H DOCUMENTATION TEL *****55 ~NWARD>/*****90 (OUTWARD) PENANG 624 .44 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 'P°"TEL *****3/4.FAX 5^706 2S ?7-&*S
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      2394 31 ■UIiV.HHHWI-1 EAST COAST SOUTH AMERICA PUERTO CABELLO/LA GUAIRA/RIO DE JANEIRO SANTOS/BUENOS AIRES/RIO GRANDE/IMBITUBA MAYVIEW MAERSK V. 9406 ETA SIN 30TH MAY 1994 Vessel Voy ETA ETO Feedered by S *7a* ItT™ destinations Th« week mavview MAERSK V 9406 k 111 30 ot oeoo hrs CfS —29 06 2359 MRS JOM
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      846 32 ™AOABA R DAM/ LE ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE VVEST MALAYSIA FRANKFURT EXPRESS 73/ 120 25/5 "/6 14/6 12/6 p ort «elang. Penang LEVERKUSEN EXPRESS 13/320 28/5 6/6 13 6 15 6 18.6 20/6 22 ft Pasir Gudang
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      679 32 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi. Islamqala iDoqharun) C.1.5./RUSSIA; Vostochny. Vladivostok. Moscow. 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 Oceania V.2164 31/5 29/6 Ned America V.2174 08/6
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      1137 32 NORASIA NORASIA SUSAN 9420 3 27/05 17/06 20/06 21/0 C 22 06 23/06 24/06 25/06 2C06 >6 06 I NORASIA SINGA 9*21 3 01/06 22/06 25 06 26/06 27/06 28/06 29/06 30/06 01/07 01/07 I NORASIA SHARIAH 9422-3 08/06 30/06 01/07 02/07 03/07 04/07 05/07 06/07 07/07 07/07 I NORASIA
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      1328 33 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 IsMIMM new guinea pacific line EUUyUSISSiAiiIAUKtAUHIftMIMaiMMiAUiH &V<Eks (A SERVICE OF CHINA NAVIGATION CO) CARGO OUC SAILS O&m STRAITS VENTURE Vl4l Muara. lab. KK 20 I 23 Mar 24 May 25 May Fcti
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      3334 33 SINGAPORE AGENT: 1 flAt'P P&O Containers (Singapore Agencies) Pte Ltd 1 fjL\J ilyl II /llllvl 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 -PNG *PKG SIN SOU ANT ROT MAM GOT
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      520 34 9 r GENERAL AGENT C B NO *****81-***** ifA EKA JAYA AGENCIES >ai§r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE HO CHI MINH CITY PAGER HANDPHONE/DIREcTH hCNffr not 2noea« mwa/Hiiw KELVIN CHAN 2iao«as HHWHHM MAWQJ 21KX2S *****722 ►TO VIETNAM/HCMC K CONTAINER-FEEDER SERVICE CENTER-POINT UM 7 LINES m
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      2010 34 HANJIN SHIPPING I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FOR VSI rOillM. HAUL SEA »»R POX FOR Wl SIN lII* HAUL SA* AM NYC HANJM KAOMSJUNG 0164 2/ b WttCT 16/6 17/6 l«/« HANAN KAOHSUNG 016 C 27/5 M ASIA 016E 30/6 1/7 J/7
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      1473 34 C#fl d-1 rl "TH=Pl^ PHI SGP use WG KLG PUS 111 OS Kl SK T'O LAI CHS BAI RYC LH* UW KM I# «C PS) CM PKL MP I I GMUSK-052 315 1/6 < li 10 13/f 14/S 15 6 16 6 17/6 11 6 6 12,7 14/7 15/7 25,7
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      2691 35 T~2 sex: CALIFORNIA MERCURY 61E' eta sgp 25/05/94 II II YTjT I ARRIVING LOS ANGELES 11/06/94 IN 16 DAYS II II m yp > I AEX: 'NEPTUNE RHODONITE 15E' ETA SGP 25/05/94 II ARRIVING NEW YORK 18/06/94 IN 23 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC
      2,691 words
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      Page 35 Advertisements Column 2
      1186 35 A MULTILINE SHIPPING PTE LTD ■V (3 member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 ZiZZX BOOKINGS: *****64. *****51, *****31, *****13 <f BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
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      1636 36 44 ft AS AGENTS "K" LINE (SINGAPOfIE) PTE LTD (CD NO: **********0M/GST REG NO M 2 *****99-6) TEL *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I T MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD m 4 TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 1 INDONESIA P.T. SARANA
      1,636 words
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      794 36 ©APPENSHIP /2\'; HAMBURG IT \J CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE LOADING FOR PAKHOM MAKARENKO HAM 10/04 IN PORT Jll NOVIGRAO ANTW 20/05 SPORE 27/06 ECUADOR BIL 22/05 SPORE 29/06 KOALA CONTAINER LINE S*POR€ FIX HAM RTM LEH BALANDRA 460€
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      Page 36 Advertisements Column 3
      369 36 /V*-, GOLDEN LINE ficGoV GUAN GUAN SHIPPING \Ks/\ (PTE) LTD W 23. TtW ly* SUM! SMBAPOK 0104 TEL *****1* (10 IKS) Fu *****64 (CD ft* **********011) »TiAIT»/WmAM OIOF IMTICI Sport P Kelang Penary MXOtft SIM Karat* DuU< KnM 75 Hit colocn mm n#*i» oum kmt 41 m CHIMA IMTICI eOIKN
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      942 37 Iff# PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. J i" CR NO **********0E VESSEL VOY SIN CMB JIB JED AOJ ADE HOO PZU ASA KOTA BERLIAN BRLOOS 28/5 2/6 9/6 14/6 11/6 11/6 14/6 5/7 KOTA BERKAT BKTOII 8/6 13/6 20/6 25/6 27/6 21/6
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      Page 37 Advertisements Column 2
      1079 37 VESSELS VOY SIN IE HAVRE HAMBURG IHAMES ROTIIROAM ANIWERP VILLE D HYDRA HO3W 24/05 15 06 17/06 18/06 19 06 21/06 VKtE DC LYRA YO3W 30/05 21/06 23 06 24 Ot 25, 06 27/06 VII(E OE VEGA GO3W OS 06 30 06 02 07 03/07 04,07 06/07 VIIIE OE VELA
      1,079 words
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      606 37 BSA ik. mm. MYANMA iSBk FIVE STAR LINE r (Myanmar National Line) Loading for Yangon (Rangoon) S pore P Klg Pen P.Gdg MERGUI VI23W Sid PAGAN V2O9W In Poet PATHEIN VI29W 25/27 May HPA AN V2O2W 28 JO May MALAYSIA AGENTS BOUSTEAD SHIPPING AGENCIES HUI: TEL 03 *****00 PKL TEL
      606 words
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      1019 40 /■PfICROATIA LINE A < EX JU6OLINIJA) I WCSSEL SPORE PK PNG LOADING FOB SIOVEWJA 1 JUN 10 JUN Alexandria. Beirut. Istanbul. Trieste. Koper. Lattakia. Limassoi. Mersm. P. Said. Riieka. Venice RAB> 25 JUN 28 IUN -do General A B ent»: EAST MOUNT AGENCY (PTE) LTD Sinfapore Kuala Lumpur Port Kelant
      1,019 words
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      183 40 /Cnorbuu^ I \UMy/r=» NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES FOR I ADAMASTOS Siied IN PORT FLU/ANTNAN/UK I WORLD AGAMEMNON 10/6 15/6 RDM/ANT/IK 1 NORBUIK TBN 2S/6 30/6 FLU ROAM, ANT/UK I NORBULK TBN 28/6 30/6 DBN, CPT/EL I ALSO LOADS TAWAU. KK. TG. MANI
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      739 41 (it FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA. S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 29/5 ROTTERDAM 27/5 AARHUS/COPENHAGEN 29/5 HAMBURG/BREMEN 27/5 MARSEILLE/FRANCE 26/5 FELIXSTOWE/UK 27/5 BARCELONA/SPAIN 30/5 LEHAVRE/FRANCE 27/5 GENOA/ITALY 30/5 ANTWERP/BELGIUM 27/5 LOS ANGELES/WC/IPI 29/5 SYDNEY/MELBOURNE 27/5 NEW YORK/EC 29/5 FREMANTLE/ADELAIDE 27/5 VANCOUVER 27/5 BRISBANE
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      1109 41 Mmi jiM^^MESßPi^—— B ■lISMMa ■M. 11 I, 11 VESSEL *21 J*l >§ VESSEL VOY SIN PEN M^m H i WAN* BHUM 229S Ty*_Jn_Pt Sit 26/5 AKA BHUM 137N/S ~Tuo lln Pt Thu I 26/5~ VESSEL VOY SIN BKK ISWA BHUM 52S Fri 27/5 Tuo 31/5 b(j|,4q A SEROJA 4065 Fri
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      Page 41 Advertisements Column 3
      304 41 t^^TIcHnEUHMRINnG^^ TEL: *****33 (12 Lines) M FAX: *****15/*****03 FH TELEX: RS ***** RISHIP (3 Lines) [S=/ CR NO.: **********0E ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vnhl Voy ETA Loading For Spore Abbay Worn 40WB 21/07 Daressalaam. Mombasa. D)ibouti Assab. Massawa Netsanet 35W8 21/08 Daressalaam. Mombasa.
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      Page 41 Advertisements Column 4
      565 41 fpjjp) Polnt-to-Polnt Regional Pte Ltd TRJ TEL: *****55 FAX: *****94 CR NO: **********0 C Guarant—d Sailing» to:BANGKOK/LAEM CHABANG/LAOS EVERY WED SAT MANIA/CEBU EVERY TUES PORT KELANG/PEHANG EVERY MON I FRI HO CHI MINH EVERY FRI HONG KONG EVERY FRI JAKARTA EVERY SAT mm EVERY SUN SURABAYA EVERY SUN Other Ports:
      565 words
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      1812 42 ItABMN CONTAINER LINES, INC I IZNE/VVlAflsnls: MAC-NELS SPORE: *****22 (24 LINES) ww V 'c/» Mo= tmntmrn SIBU (064) *****9 KUCHINQ (082) *****3 PENANG: (04) *****8 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN
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      Page 42 Advertisements Column 2
      181 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD U« (Ift SWK roil HUANG PINAAG H.IX J*Ot 12 6 loading lor Md»KUVM HUDHU 20 6 L-jdJinf lor Colorcbu DMPHM 8 6 lo«kng Fo< MiiPKXCM SJPRIMI 10 6 loading for Malt UMMIfDH 1 6 Loadang fw Mal« PROGMSS IBHTT 3 6 loadin«
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      Page 42 Advertisements Column 3
      1172 42 f O THONG SOON LINES PTE LTD I 78 SHENTON WAY #10 01. SINGAPORE 0207 I W J TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO SARAWAK VESSEL VOY SPORE DEST VESSEL VOY SPORE PEST EQUATOR ROYAL 103/4E 24 MAY KUCHING
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      33 44 o o o Q o i i j LEAD BY I EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. SINGAPORE rr^ Business Times WE KNOW ASIA L
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      46 45 frS|||gT PORT SHOTS u The ,atest in sea a r and ,and trans p° rtati n IShipping Times Monday to Friday. StNOAPORE r¥l Business Times vekmtwasu JUST DESERTS to \s3> Le 9 al discourses in digestible portions. Every Thursday. SINGAPORE m Business Times WE ICVOW ASIA
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      482 46 la—aansi NORTH PHILtPPtNES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE MANILA PERVOMAYSK 9402N 27/05 fFRI)~ 01/06 (WED) OPTjM 9403N 31 05 (TUE) 04/06 (SAT) TWO SAILINGS WEEKLY VIGOUR PACIFIC 9421N 03/06 (FRI) 08/06 (WED) FRIOAY ANO TutSo Y PERVOMAYSK 9403N 07 06 (TUE) 11 06 (SAT) SOUTH PHILIPPINES FULL CONTAINER SERVICE
      482 words
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      Page 46 Miscellaneous Column 1
      757 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 2.4 1.8 1.2 0.7 0.4 0.4 0.5 0.9 1.6 22 2.5 27 25 2.1 1.6 1.1 0.9 0.8
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      956 47 /HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PNA* PKE* PGD* VESSELS VOT SIN RTM ANT* LEH* HAM BREt FEL 25/05 27/05 28/05 H. EXPLORER 311W 30/05 17/06 19/06 20/06 19/06 19/06 21/06 01/06 03/06 04/06 NOR FRIBOURG 311W 06/06 24/06 25/06 26/06 25/06 25/06 28/06 08/06
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      452 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VCSSCL VOY SP KUC M CmiPlO* HUM II V 37 Jl/S MINI HOOD *52 l/l I f 12/1 MUI 14/1 SQNItI *27 2/1 4/1 BUB lUM *25 «/i I I HUSH UK *21 II COSMC LUOM *«S l/l 1,1
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      Page 47 Advertisements Column 3
      1026 47 VESSEL VOY SIN ETA/D LAX OAK 1 CHI I DAL MEM/COL HOU NYC 1 NOR ALLIGATOR PRIOt 51A 26-27/05 12/06 14/06 15/06 16/06 16/06 17/06 17/06 18/06 HENRY HUDSON BRIDGE 75A 02/06 19/06 21/06 22/06 23/06 23/06 21/06 24/06 25/06 ALLIGATOR VICTORY 53A 09/06 26/06 28/06 29/06 30/06 30/06 01/07
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