The Business Times, 4 April 1995

Total Pages: 48
1 48 The Business Times
  • 13 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Tuesday April 4 1995 85 c
    13 words
  • 2am LATEST
    • 60 1 Reuter NEW YORK Blue chip stocks inched up yesterday, helped by signs that the economy was shifting into lower gear. The Dow Jones industrial average was up 5.53 points at 4,163.22 at 1 pm EDT. In the broader market, declines led advances by a small margin
      Reuter  -  60 words
    • 53 1 Reuter GENEVA Global merchandise trade surged in 1994, returning the best growth for nearly 20 years. World Trade Organisation chief Peter Sutherland yesterday said world trade growth last year was more than double that of 1993 when it increased by just under 4
      Reuter  -  53 words
  • 169 1 Stock market indices Monday Change STI1 2,074.65 -18.47 KLSEComp 966.31 -17.76 Nikkei 15,381.29 -758.66 Hang Seng 8,400.44 -187.28 SET Index 1,186.71 -29.97 Jakarta Comp 424.49 -4.15 Manila Comp 2,376.63 -15.62 Taipei WPI closed Seoul Comp 922.64 -11.45 Bombay BSE30 ....3,314.31 +53.35 CLSA China B 825.00 -1.10 Aust All
    169 words
  • 593 1  -  Dollar hits record low of 86.02 yen in London despite central banks' intervention From Anthony Rowley in TOKYO TOKYO stock prices crashcd by nearly 5 per cent yesterday in the face of what many see as the stubborn refusal by the
    Source: Bridge Info  -  593 words
  • 704 1  -  Singapore's CAD, inspectors step up probe into bank's collapse By Conrad Raj SINGAPORE Peter Baring, who led the British merchant bank that bears his name, resigned yesterday together with his deputy Andrew Tuckey as Singapore officials intensified their investigations into Barings" collapse after the
    704 words
  • 415 1  -  By Ramesh Divyanathan SINGAPORE Ho Kok Cheong, the developer of People's Park Complex and now a bankrupt, has been jailed for breaching the terms of his bankruptcy by leaving Singapore without permission. A High Court hearing on March 24 found the
    415 words
  • 167 1 SINGAPORE The ailing US dollar infected regional stock markets with pessimism yesterday. In Singapore, the Straits Times Industrials Index fell 18.47 points, or 0.9 per cent, to 2,074.65. Traders said with the 1994 corporate results in line with expectations, external factors would drive the market, so unless
    Source: Bridge Info  -  167 words
  • 440 1  -  By Lee Han Shih SINGAPORE A wrong interpretation of aceounting standards resulted in CarnaudMetalbox Asia (CMB) announcing recently operating profits in the 1994 interim period and losses for the full year. This was revealed by the listed can maker yesterday
    440 words
  • Page 1 Advertisements
    • 127 1 breathtakingly fresh DECEPTIVELY SMALL. AMAZINGLY (.1 STRONG. C CONTENTS S'pore News 2 S ptxe-Wsia .19.20.21 Regional News 3,4.6 Financial 24.25 World News 8.9 Feature* Mari»®ts Aniysis 17 Clob/W.S£. SES »30 Edrtonal 16 Regional 26 Sports 13 World 27 IV/lrtestyte 15 Currencies 24 Property 10,12 Sunei/Conmo ...24.25 Subscription Tel 180&*****77 Fax
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    • 17 1 Property: pg io Redeveloping the CBD Earnings of US manufacturers, retailers up strongly in 4Q, Pg 18
      17 words
    • 36 1 Hock iMck Siew: pk 19 Big bucks in Thai power programme Editorial: The currency market mayhem, Pg 16 Impotent in the face of unruly markets, Pg 17 Warning against gambling with derivatives in KL, Pg 18
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    • 62 1 Bottom Line: Pk is Av The customer should always ne fight Three more Jardine companies debut on SES, Pg 19 SANTOS DUMONT WATCH j9^• Mechanical Movement Ratinium Classic Platinium watches are now available exclusively at Ca/iier boutique/ Singapore Ngee Ann City, Tower B, #01-11, 391 Orchard Road. Tel: 734 2427
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    • 5 1 FRESH DECEPTIVELY AMAZINGLY C STRONG.
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 279 2  -  By Abdul Hadhi INVESTOR confidence resulting from the strength of manufacturing last year has given industrial property a shot in the arm. Influenced by healthy economic growth and a high investment commitment of $5.8 million in manufacturing in 1994, increased demand for industrial space has
        Source: Colliers Jardine Research  -  279 words
    • 333 2 ABBAS Saad, the hat-trick hero of Singapore's 1994 Malaysia Cup final victory, was charged yesterday with having plotted to fix matches. Abbas, 27, pleaded not guilty to the single charge and was freed on bail of $100,000 by District Judge S Thyagarajan in
      333 words
    • 319 2  -  By Genevieve Cua SINGAPORE'S traders must prepare for the time when the European Union's preferential rates of eustoms duties will be completely taken away, said Trade Development Board director-general Rid/wan Dzafir. He said Singapore's exports could not compete mainly
      319 words
    • 319 2  -  By Claire Leow SINGAPORE and France have formed a joint business council to facilitate bilateral trade and investment, as well as advancc Franco-Singapore partnerships in Asia. The France-Singapore Business Council (FSBC) was launched yesterday in Paris. Bilateral trade between France and
      AFP  -  319 words
    • 437 2  -  By A J Leow FIRST Capital Corp is believed to have outbid several other listed developers in a private tender for a large plot of industrial land at Woodlands with an offer of 5165.5 million. FCC's bid. which
      437 words
    • 424 2 The Straits Times THE managing director of Zouk Discotheque was charged in court on Saturday with drug possession. Two other Zouk staff and two patrons of the disco were also charged with drug-related offences. Lincoln Cheng, the 47-year-old managing director of Zouk,
      The Straits Times  -  424 words
  • Page 2 Advertisements
    • 351 2 is your organisation wanting to: Function Deployment (QFD) which the delight customers Japanese have been using for the last 30 years. build customer loyalty Come and hear a first hand account on Then you need to truly hear the voice of the CD-MAP application from a very dynamic customer and
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  • SOUTH-EAST ASIA
    • 381 3  -  From Ho Kay Tat in KOTA KINABALU MALAYSIA will not advocate any policy that will hold back the economic development of one race in order to promote the interests of another community as such a policy will do more harm
      381 words
    • 213 3 Bernama BANGKOK The AsiaPacific Economic Cooperation (Apec) has proposed to set up a fund to protect the currencies of its 18 member countries from any unfavourable crisis. The proposal, raised by Apec's eminent persons group, an independent advisory panel, will
      Bernama  -  213 words
    • 200 3  -  From Mike Simms in AUCKLAND NOEL Leeming Ltd, the New Zealand appliance chain in which Lion City Holdings of Singapore has just taken a 40 per cent stake, plans to open a store in Malaysia within six months. It hopes to follow
      200 words
    • 313 3  -  From Loh Hui Yin in BANGKOK WHILE Thailand wants to position itself as the gateway to the Mekong region, it will not dominate its other partners. said Deputy Prime Minister Supachai Panitchpakdi. "We want to emphasise our partnership role. We will not impose
      313 words
    • NOTE BOOK
      • 88 3 AFP BANGKOK Thai police were yesterday investigating allegations that an opposition politician ordered several Japanese businessmen held against their will in order to derail their bid for a dam project. "The preliminary evidence substantiates the allegation." Interior Minister Sanan Kachornprasart said. "There were about 30 or
        AFP  -  88 words
      • 107 3 AFP MANILA Philippine President Fidel Ramos yesterday called a special session of congress next month to pass legislation boosting the rights ot overseas workers and allowing them to vote abroad. Ihe move is part of a series of actions which Mr Ramos has personally taken
        AFP  -  107 words
      • 75 3 AP JAKARTA The United States yesterday agreed to allocate USSI9 million (5526.7 million) to help Indonesia protect the biological diversity of its forests. The aid includes an endowment tund ol US$l6.5 million for 1998 and USS2.S million for conservation activities from 1995 until 1998. The
        AP  -  75 words
      • 73 3 Reuter HANOI Vietnam and the World Bank are negotiating the bank's first power seetor loan to the eountry. bank officials said yesterday. It would include money for the expansion of a power station at Ba Ria and upgrading the network in Ho Chi
        Reuter  -  73 words
    • 266 3  -  From Al Labita in MANILA A FILIPINO forensic expert yesterday opposed a proposal for a third opinion on how a Filipina maid was murdered in Singapore, arguing that it would only complicate investigation of the case. "There's no need for a third
      266 words
  • Page 3 Advertisements
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    • 243 3 YOU WIN! Congratulations! 9 You bargained for a newspaper that was reliable, accurate, up-to-date and essential for your job as an I.S. professional. I I You bargained for hard-hitting news and insightful analysis. You bargained for quality. """COMPUTERWORLD Now you get more than you bargained for! Computerworld subscribers will receive
      243 words

  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • 64 4 UPI BEIJING China's anti-corruption campaign has expelled thousands of Communist Party officials and recovered millions of dollars, the country's official media said yesterday. Authorities investigated 142,016 corruption cases last year, of which 135,112 went to court and 2.7 billion yuan (***** million) in economic losses
        UPI  -  64 words
      • 65 4 Bloomberg Business News BEIJING A planned experiment in foreign exchange forward trading due to commence tomorrow has been postponed because of technical reasons, the official China Securities newspaper said. The paper quoted an official as saying that a network system for the trading had not
        Bloomberg Business News  -  65 words
      • 46 4 Reuter HONGKONG Hongkong's tax system will remain unchanged for the foreseeable future, acting Financial Secretary Donald Tsang said. "The change of sovereignty in 1997... provides very little scope for experimentation," Mr Tsang told the British Chamber of Commerce in Hongkong. Reuter
        Reuter  -  46 words
      • 53 4 AFP HONGKONG The Shanghai-based Liberation Daily, or JieJang Daily, made its debut in Hongkong yesterday with its overseas edition hitting newsstands. The newspaper, which is owned by the People's Liberation Army, put out four pages of Chinese economic news in cooperation with Hongkong-based publication Sing
        AFP  -  53 words
      • 60 4 AP HONGKONG A court handed the government a victory yesterday by reversing a District Court ruling that one of Hongkong's toughest anti-corruption laws violates civil rights. The law, whereby civil servants can be prosecuted for failing to explain a living standard beyond their means, is
        AP  -  60 words
    • 440 4 Reuter TAIPEI Taiwan's investment in South-east Asia and Vietnam surged 320 per cent in 1994 from a year earlier. The L'nited Daily Sews yesterday quoted the cabinet's Council for Economic Planning and Development (CEPD) as saying that following the promotion of
      Reuter  -  440 words
    • 320 4  -  By Schutz Lee SINGAPORE Sembawang Maritime Ltd (SML) is said to be exploring an investment in warehousing and transport facilities in Shenyang city, northeast China. The vice-governor of Liaoning province. Gao Guo Zhu. said yesterday the initial investment was expected to be
      320 words
    • 140 4 Bloomberg Business News BEIJING The Chinese government says it now has little control over the country's grain reserves. The official People's Daily yesterday said the opening of the nation's grain market and the transfer from the central government of its 90 million tonne
      Bloomberg Business News  -  140 words
    • 255 4 Reuter BEIJING China said yesterday it was alarmed that a growing number of soldiers were spending more time on holiday at the expense of their battle training. A recent survey showed an increasing number of soldiers were taking more
      Reuter  -  255 words
    • 432 4 AP HONGKONG China s largest nuclear power plant is to shut for up to six weeks after control rods in a reactor failed a test, a senior technician said yesterday. The Daya Bay plant in south China became fully operational only 11
      AP; Reuter  -  432 words
    • 235 4 AFP PUERTO PRINCESA, Philippines Charges against 62 Chinese fishermen being held here for poaching in Philip-pine-claimed areas of the disputed Spratly islands were "sheer lies", a Chinese diplomat said yesterday. Chinese embassy First Consul General Guo Luxing. who visited the 62 fishermen in jail over
      AFP  -  235 words
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    • 153 4 AW& Jjl Wr*" V k issuer. S CltP&£ Exquisite handicraft, paintings and Noh masks greet the «ses u guarded recipe*. Only the freshest Ingredient* and choicest garnishing* are A I nfmll you enter th Asuk# (pronounced Ask-ka) Japanese Restaurant. used. The effects leit on your palate Is simply sublime. f
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  • Page 5 Advertisements
    • 162 5 TOWER ,tft OUR BRIEF TO WORLD RENOWNED la &11%r a V n ARCHITECT KEVIN ROCHE WAS SIMPLE. i I I I I -5 9 f| I", jKsffc«l*« 3Vln DESIGN A LANDMARK BUILDING THAT fH m m m■ 11 B 9 5!" j/^l I i«|f|f!!-""jj j %yy redefines Singapore's vision of
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  • REST OF ASIA
    • 327 6 AFP SLOUL South Korea's top 30 conglomerates plan to boost total investments in plant and equipment this year to 35.4 trillion won (5564.4 billion), a 47 per cent annual increase, the Samsung group said yesterday. South Korea's top business empire said
      AFP  -  327 words
    • 334 6 Reuter ISLAMABAD Pakistani Prime Minister Benazir Bhutto travels to the US this week hoping her defence of moderate Islam and free markets will help set rocky relations on a steadier footing. Ms Bhutto will seek US mediation on Kashmir, repeal of a
      Reuter  -  334 words
    • 418 6 Reuter SYDNEY Economists have shifted dramatically in two weeks their expectations on the timing and size of the next increase in Australian interest rates, and now believe it will be later and smaller than they thought. A Reuters survey
      Reuter  -  418 words
    • 232 6 AFP SLOUL A Japanese political team has pledged "solid friendship" with South Korea despite Tokyo's push for normalising ties with North Korea. which has worried Seoul. "Japan will push for normalisation negotiations with North Korea while maintaining solid friendship with the
      AFP  -  232 words
    • ASIA NOTES
      • 89 6 Reuter MANILA Japanese promoters protested yesterday that the Philippines was discriminating against them and said they would stop hiring Filipino performers because of "unreasonable" new rules imposed by the Manila government. They said the rules, ostensibly designed to protect young Filipinas from being exploited. have become
        Reuter  -  89 words
      • 70 6 Bernama-Kyodo TOKYO A North Korean military delegation led by Choe Kwang. chief of the general staff of the Korean People's Army, has left for visits to Indonesia and Malaysia, the Korean Central News Agency reported. Mr Choe is believed to be No 2 in
        Bernama-Kyodo  -  70 words
      • 63 6 AFP COLOMBO Senior Sri Lankan police and army officers are to be questioned over a serious breach of security at President Chandrika Kumaratunga's official residence here, police said yesterday. A 24-year-old man who posed as a kitchen helper was arrested late on Saturday after
        AFP  -  63 words
      • 76 6 AFP TOKYO A cargo ship carrying reprocessed nuclear waste from France to Japan has sailed through the South Pacific, the environmental group Greenpeace said yesterday. The British-flagged Pacific Pintail, carrying 14 tonnes of radioactive waste, was located some 1,000 km south-east of the French
        AFP  -  76 words
      • 88 6 AFP SEOUL South Korean construction firms landed windfall orders abroad in the first quarter through March, thanks to a booming Asian economy, the Overseas Construction Association of Korea said yesterday. A total of 30 offshore civil engineering projects valued at US$l.O5 billion (SSI.S billion) were
        AFP  -  88 words
      • 52 6 AFP ISLAMABAD Five alleged terrorists wanted for a string of murders have been arrested in the violence-plagued Pakistani city of Karachi, officials said yesterday. The security agencies also seized three Kalashnikov rifles, two stolen cars and looted goods, from the gang, the Sindh provincial government
        AFP  -  52 words
  • Page 6 Advertisements
    • 140 6 *v H JQI Room Temperature Sandwiches .%> mm] In—l 4 Kkp 41 Sandwiches J Ib^^^HF Vj .°*f Sandwiches "My mood was as black as my double espresso. But then in came that Texas Ranger to The Mezzanine, a hunk of homebaked beer bread drizzled in Southern-style chilli butter, reclining on
      140 words
    • 108 6 Steamers Maritime Holdings Limited (Incorporated in the Republic of Singapore) NOTICE OF SUSPENSION OF CONVERSION OF 5533,510,193 PRINCIPAL AMOUNT OF 1.5% UNSECURED CONVERTIBLE LOAN STOCK DUE 1999 ("CLS") NOTICE IS HEREBY GIVEN that the CLS will not be convertible during the period 10th May 1995 to 13th May 1995 both
      108 words

  • Page 7 Advertisements
    • 393 7 Only A Citibank Foreign Currency Time Deposit Offers you two names That aren't so foreign. j^7 ->. The idea of enjoying some truly elegant offers shouldn't And to help you decide on your investment, your personal seem too foreign if you open a Citibank Foreign Currency Time banker will work
      393 words

  • THE WORLD
    • WORLD WATCH
      • 99 8 AFP BRUSSELS The European Union wants the World Trade Organisation to look into allegedly diseriminatory Japanese taxes on drinks sueh as whisky, an EU Commission spokesman said yesterday. The Commission has asked Japan several times to include measures in its 1995-96 finance
        AFP  -  99 words
      • 85 8 Reuter LONDON The UK economy is facing the unfortunate combination of slowing growth with higher prices according to the March purchasing managers index (PMI), analysts say. "Inflation is a problem, according to the figures," said David Coleman, treasury adviser at CIBC. "The data shows
        Reuter  -  85 words
      • 66 8 AFP LONDON The British money supply by the narrowest definition of M 0 rose by 1.1 per cent in March from the figure in February and by 7 per cent by comparison with the figure for February 1994, the Bank of England said yesterday. The
        AFP  -  66 words
      • 79 8 Reuter MOSCOW Russian Defence Minister Pavel Grachev said yesterday that Moscow might abandon compliance with the treaty on conventional forces in Europe (CFE) if Nato rapidly expands its membership to East European countries. Speaking at a news conference after meeting US Defence Secretary William Perry,
        Reuter  -  79 words
    • 495 8 Bonuses to vehicle industry stall'boost income levels Reuter WASHINGTON Personal incomes rose an unexpectedly strong 0.5 per cent in February to a seasonally adjusted annual rate of U555.96 trillion (SSB.3 trillion). Spending barely increased, by 0.1 per cent the smallest gain
      Reuter  -  495 words
    • 348 8 Reuter BONN The price of imports into Germany fell 0.1 per cent in February, due largely to the strength of the Deutschemark against other major currencies. The Federal Statistics Office yesterday said import prices were up 1.8 per cent year-on-year. Economists said
      Reuter  -  348 words
    • 172 8 Reuter GENEVA United Nations analysts have predicted that the former communist states of eastern and central Europe would see an export-led average growth of 4 per cent this year, matching their performance of 1994. But in its annual Survey. compiled by
      Reuter  -  172 words
    • 473 9 Reuter WASHINGTON US Treasury Secretary Robert Rubin has praised Federal Reserve chairman Alan Greenspan, calling him a "truly bright" economist. "Even if he wasn't chairman of the Federal Reserve Board, he would be a very useful person to talk with. I've
      Reuter  -  473 words
    • 222 9 Reuter JERUSALEM The rise in US interest rates played an important role in Mexico's crisis, says the president of the InterAmerican Development Bank (IADB), Enrique Iglesias. "It is an historical fact that when interest rates in industrialised markets, particularly in the United States,
      Reuter  -  222 words
    • 402 9 Reuter WASHINGTON US Secretary of State Warren Christopher said on Sunday that he hoped the United States would toughen its sanctions on Iran after discussions this week but did not comment directly on a report that he was considering a near-total ban on
      Reuter  -  402 words
    • 404 9 Reuter PARIS The gap in France's presidential race narrowed as the conservative rivals. Prime Minister bdouard Balladur and Paris Mayor Jacques Chirac, attacked each other at the weekend in an indirect television duel. The latest opinion poll ahead of the April
      Reuter  -  404 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 108 9 J UP 7O/ l|CT ANNUAL rental income TO f /one I GUARENTEED 9 YEARS (Index linked) MOUGINS Houses on a very select golf course minutes from CANNES LAVANOOU: Saint Trope/ area. Apartments overlooking the beautiful marina CANNES Sea front apartments on the Croisette, next to Carlton Hotel PARIS In the
      108 words
    • 113 9 s AAA OMNI CONTINENTAL CLUB FLOOR appointed The reason ess rooms on the O mn i Continental < ll t-i Club floor than on any other executive ''ri »<& j. I I floor in the region. w 'V £■I So you get more privacy, more f r *jLJ r -R
      113 words

  • PROPERTY & CONSTRUCTION
    • 1387 10  -  Agnes Wee looks at the CBD's redevelopment Agnes Wee THE Robinson Road-Shenton Way skyline will be almost unrecognisable in the next couple of years when a new crop of redeveloped buildings soar to dwarf their existing neighbours. A few are already completed, while some are
      Artwork France Tan  -  1,387 words
    • 294 10 REAL estate agents, serious property investors and other professionals involved in real estate will find a new handbook on the market a useful one-stop reference. The Singapore Real Estate Handbook, published by CCH Asia Ltd, is a comprehensive guide that covers every aspect of
      294 words
    • 319 10 Selected transactions in the past weak as- i-«i i T»p. usagj*-! v i*» PRIVATE Mar 27,1995 0511 Western Grove j Condo3 1981 FH 905,000 457"" Mar 28,1995 1024 Valley Park Condo j Condo 2+1 1249 L999 956,000 765~ Mar 28,1995 1024 Valley Park Condo Condo 2+1 1216 L999
      319 words
    • 851 12  -  Developers' restraint offers a glimmer of hope, but Alan Boyd reports that it will take three to four years before the backlog is cleared Alan Boyd The writer is a Bangkok-based journalist who contributed this article to BT RECORD office vacancy levels in
      851 words
    • 490 12 NYT IN RECENT years, Donald Trump has announced his return from the financial troubles that denied him the enormous yacht, the Boeing 727 and the helicopter he so adored. But a close reading of the documents he released last week
      NYT  -  490 words
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  • Page 11 Advertisements
    • 351 11 As you may already know, Digital has beaten everyone always outperform them by a margin of 400 billion percent, else to 64-bit computing, which, among other things, offers Sometimes, the margin is only a few hundred percent. 4 billion times the data addressing capacity of current Or a few tens
      351 words

  • Page 12 Advertisements
    • 427 12 BECOME/A/£)/ W m 25 BLIGH ST SYDNEY CBD A firm foothold in the prime financial precinct. Situated opposite The Sheraton Wentworth Hotel, 25 Bligh Street is in the precinct of Chifley Square, No I O'Connell Street and Governor Phillip Tower. of office accommodation l* J and other services amount to
      427 words

  • SPORTS
    • 44 13 AFP LONDON Runners passing Britain's tallest building on Sunday as they ran through Canary Wharf during the London Marathon. Mexico's Dionicio Ceron clocked 2 hours 8 mins and 30 sees to become the first man to win the race twice. AFP
      AFP  -  44 words
    • 227 13 NCAA Final UPI SEATTLE UCLA vs Arkansas. College basketball's ultimate dynasty vs its potential newest one. That's the match-up when the Bruins and the Razorbacks meet to decide the 1994-95 men's national championship. The match, to have been held last night, was
      UPI  -  227 words
    • 716 13 Countdown to the US Masters UPI AUGUSTA, Georgia It is time onee again for the Masters, during which those in possession of the toughest ticket in American sport will show up to see if the azaleas are in bloom and if the
      UPI  -  716 words
    • 548 13 AP BRIDGETOWN, Barbados Finding something wrong in a 10-wicket Test victory over the West Indies with two days to spare is difficult. It was very difficult for Australian skipper Mark Taylor. "It's the best Test match I've played," Taylor said
      AP  -  548 words
    • 716 13  -  From Peter Lynch in SYDNEY A REMARKABLE bidding war was underway last night as Australian Rugby League officials struggled to save their game from being hijacked by media tycoon Rupert Murdoch. Offers as high as Asl million (S$ 1.03 million) a season and
      716 words
    • SIDE LINES
      • 83 13 Reuter SAN DIEGO. California Dennis Conner's Stars Siripi-s stayed alive in the America's Cup for at least another day when AmvricaS crossed the line early on Sunday in the worst recorded start in the trials so far. The Stars StrifU's' win by four minutes and 49
        Reuter  -  83 words
      • 84 13 AFP NEW ORLEANS, Louisiana Davis Love saw his lead evaporate with bogeys at the last two holes, then beat Mike Heinen at the second play-off hole on Sunday to win the Ereeport McMoRan Classic golf tournament. Perhaps more importantly, he earned a ticket to
        AFP  -  84 words
      • 105 13 Reuter HAMBURG, Germany A German court yesterday upheld a two-year suspended sentence on the man who stabbed Monica Seles at the Hamburg Open tennis tournament in 1993. allowing him to walk free. Guenter Parche got the suspended sentence in October 1993 for causing grievous bodily
        Reuter  -  105 words
      • 43 13 AFP GUIMARAES. Portugal A riot policeman arrested two youngsters during clashes between supporters of Vitoria de Guimaraes and FC Porto prior to the start of their Portuguese league match yesterday. Several people were injured in the clashes. AFP
        AFP  -  43 words
      • 98 13 AP CHICAGO The longest, most destructive and possibly the nastiest work stoppage in professional sports history ended on Sunday when major league baseball's 28 team owners accepted the players' unconditional offer to end their nearly eight-month strike. The players will report to spring training camps in
        AP  -  98 words
      • 90 13 AFP SCOTTSDALE, Arizona US golfing legend Jack Nicklaus won his third Tradition title in six years here on Sunday, beating Japan's Isao Aoki at the third play-off hole. Nicklaus holed a four-foot birdie putt to win the USSI million (551.41 million) event the first major
        AFP  -  90 words
      • 61 13 UPI HILTON HEAD, South Carolina Top-ranked Arantxa Sanchez Vicario will be sidelined for at least three to six weeks with a stress fracture of her lower left leg suffered earlier this week at the Family Circle Cup. Sanchez Vicaro suffered the injury last Thursday, yet
        UPI  -  61 words
    • SCORE CARD
      • Article, Illustration
        221 13 NEW YORK NBA Sunday: Detroit 110 Washington 105; New Jersey 85 NY 94; San Antonio 109 Phoenix 106; Boston 94 Dallas 87; Indiana 104 Portland 93; Seattle 105 Atlanta 83; Miami 92 Charlotte 105; Cleveland 101 Denver 104; LA Lakers 119 Orlando 112. Standings (W L Pet GB; xclinched
        221 words
      • Article, Illustration
        78 13 PHOENIX Slick 50 200 IndyCar race Sunday (country, type of car, laps completed, winner's average speed): 1 Robby Gordon (US) Reynard-Ford. 200, 215.574 kph 2 Michacl Andrctti (US) Lola-Ford. 200 3 Emerson Fittipaldi (Bra) Penske-Mercedcs. 200 4 Paul Tracy (Can) Lola-Ford. 200 5 Jacques Villcneuve (Can) Reynard-Ford. 200. Series
        78 words
      • Article, Illustration
        115 13 PARIS Davis Cup World Group quarter-finals Sunday At Vaxjo: Sweden 5 Austria 0 (Stefan Edberg b Thomas Muster 6-4 6-2. Magnus Larsson b Gilbert Schallcr 7-6 (7/4) 6-4). At Palermo: Italy 0 US 5 (Pete Sampras b Andrea Gauden/i 6-3 1-6 6-3, Jared Palmer b Renzo Furlan 6-4 6-3).
        115 words
  • Page 13 Advertisements
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      126 words

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    • 604 14 This BUD's For You/ L Hamaeotkad fl PI Pa«*a Fratea L Pi Salvatara □i v <—- DN B 10 Varieties of Pasta jH! n 20 different sauces And all-time Italian favourites i P| antipasti, pizza and puccia. L PASTA FRESCA DA SALVATORE PTE LTD WM I• 30 BoatOjny, S(0104)(0pen84 hours).
      604 words
    • 333 14 WHERE TO WINE, DINE AND ENTERTAIN Happy Hours 5 The 80s. N ow •Better Than Ever. Free flow of draught beer $15 from Mondays to Fridays at 6pm Bpm One for one standard drinks 20% off bottle purchases Ladies Night every Monday Tuesday *$6 for standard drinks Fashion Show every
      333 words
    • 389 14 Celebrating fish Let's drink to fish. Bouillabaisse or Tom Yam? Top of the M celebrates fish with a lunch buffet of every imaginable fish recipe. Salmon, sole. Ifwt snapper, sea bass... if it can be caught, it can be ofmp cooked And we know all the delicious ways. fTj Continental
      389 words

  • LIFESTYLE
    • 584 15  -  Claire Leow describes the splendrous multi-hued visions she enjoyed at Yanni's concert Claire Leow Though i love music. I am more exposed to silences and sometimes wonder if there is something suspect about the extent of my appreciation of music. Perhaps I miss some
      584 words
    • 556 15  -  Tan Su Ling critiques the Australian choir's treatment of a wide repertoire Tan Su Ling £££l OMETHING for Everybody" must k-J have been the guiding principle behind the Collegium Musicum's choice of programme in their concert last Friday. Beginning with English anthems, they
      556 words
  • Page 15 Advertisements
    • 461 15 WHERE TO WINE, DINE AND ENTERTAIN F« H I nfCQOOQCmu"- =sa Magnificent Maestro Catch SAM GAN, Singapore's very own "Liberace" Maestro in performance at Piano Lounge. From today i for a limited period. Sam's here to entertain you once again with his regal musical splendor.. ——U cujain, am. BMHI Lucky
      461 words
    • 31 15 I Puoanrror BOOK NOW fof the KTV Rooms special promotion (For reservation please call *****36) Choreographed dance cum fashion show tonight! 101 Thomson Road #81-01/06 United Singapore 1130 Tel: 356 1136
      31 words
  • Page 15 Miscellaneous
    • 1190 15 TV RADIO Survival: Creatures Of The V Amazon, 9pm, Ch 12 fP^r In a remote section of northern p Bra/il. there is still a huge virgin manatees graze weeds, giant otters play and hunt for fish, while the jaguar stalks freshwater turtles in the '6' the Gods, four-part the troduees
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  • 613 16 EDITORIAL UW "T" E ARE out of the world of economics and into the world of psychology," said Lehman Wr Brothers' chief financial mar- kets economist, Stephen Slifer, when asked to comment on the current bout of mayhem in the world's currency markets. There is not
    613 words
  • WHAT THE OTHERS SAY
    • 230 16 MALAYSIAN politics will break new ground if voters at the next general election return candidates who run in the name of the National Front rather than its component parties. Prime Minister Mahathir Mohamad is assessing the chances of success in this experiment. Fielding candidates in the
      230 words
    • 105 16 TO REMAIN relevant, Singapore has to assume a bigger role in global economic affairs. Hence, the need to nurture more home-grown firms or small and medi-um-sized enterprises so that they become multinational corporations (MNCs). The task is challenging. Singaporeans must have a global attitude they must not
      105 words
    • 130 16 THERE seems to be mounting tension in the dispute between China and the Philippines. It is high time, then, that China holds talks with the Philippines and with Asean. Such dialogues will not settle the Spratly dispute but they can help ease the tension. China must
      130 words
    • 197 16 JAPAN'S response to internal and international pres- sure to deregulate its economy and remove both tariff and non-tariff barriers has once again fallen far short of what is required. Its latest five-year deregulation plan, ostensibly aimed at cutting government regulation of 1,091 items in 11 vital areas
      197 words
    • 166 16 IN ADDITION to dictating what Asean members should or should not discuss at their meeting in Phuket next month, Japan is also dictating who should be invited to the meeting. The revelation by Thai Deputy Prime Minister Supachai Panitchpakdi that Japan wanted an assurance that the Asean Economic
      166 words
    • 176 16 DEMOCRACY makes provisions for minority viewpoints to be heard and considered, hence Malaysia's tolerance of a wide varie y of opinions. But when tolerated viewpoints become intolerant, the democratic system finds itself at a loss. Is tolerance of intolerance possible? Malaysia's Deputy Prime Minister appears
      176 words
  • 965 16  -  Neville Stack reflects on those who reflect on Britain's place in the world today Neville Stack The writer is a political commentator based in London. He writes regularly for BT. IT STARTED out as an attempt by the government to stand back and take a cool,
    AFP  -  965 words
  • Page 16 Advertisements
    • 288 16 —saß IN-DEPTH 151 BUSINESS Bj* NEWS FROM Pi SINGAPORE PERSPECTIVE ■■> I or over two decades Singapore I Business has covered the local and regional business scenes with more depth J Mr/Mrs/Mss/Ms: Occupation and breadth from a perspective which is J company more relevant to local businessmen than Dept: A
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  • Page 16 Miscellaneous
    • 105 16 I )'M TODPW [X\4>S P*JTT*G "TVlt. CLOCK BfcCtd (hot u>oexLiMG todpvV ?N NOB p«W OPf# 1 Mooe. I >. stu. IVVOMTHS \p3rAPu£. T ei>/ EPM-F^CE.-.y ihmm* DOONESBURY GARRY TRUDEAU I 4 SPECIAL I WISH THIS HEY... A BATTERED PICKUP DRIVER'S 66TT1N60UT... HOLY HE WASHED-OUT BRIDGES I LITERARY DARN FLOOD IS
      105 words

  • ANALYSIS
    • 1152 17 Financial markets can and will threaten the best laid plans of governments, and regulators cannot agree on how to respond to them IHT F ACED with the currency turmoil and a bewildering array of financial crises, many of the world's most senior political
      IHT  -  1,152 words
    • 1179 17  -  While France fights to protect its film industry, other EU countries are opposed to quotas on imported shows. Sangeeta Mulchand reports Sangeeta Mulchand /he writer is an Amsterdam-based journalist who contributed this article to BT IN THE first round, it was Europe versus
      1,179 words
  • Page 17 Advertisements
    • 212 17 ti Simply art for an appointment W aid present the a/t-out toupon to take advantage i of the benefits now. f I.FREE One free consultation and Fat Percentage reading TV 2.FREE "3-in-1" gift set worth S$ 70.00 (While Stocks Last) THE WEIGHT-LOSS PLAN FOR BUSY EXECUTIVES LIKE YOU only at
      212 words

  • 487 18 Reuter, Bloomberg WASHINGTON US manufacturing and retail companies rang up sharply higher profits in the fourth quarter last year as the economy surged forward, the Commerce Department said. Manufacturing companies nearly doubled their after-tax earnings in the final three months of
    Reuter,; Bloomberg  -  487 words
  • 279 18 AFP KUALA LUMPUR Malaysia's securities regulators still shaken by Barings' collapse yesterday warned against gambling with derivatives ahead of the launch of two futures exchanges here. "This underscores the wisdom of using derivative products first and foremost as hedging tools,
    AFP  -  279 words
  • 122 18 Reuter TOKYO Japan's external reserves, the largest in the world, soared by U5515.58 billion (5521.8 billion) from a month earlier to a record high of U*****.52 billion at the end of March. The Finance Ministry yesterday said reserves had increased by US$2.OB billion
    Reuter  -  122 words
  • 157 18 Reuter MANILA Spain and the Philippines signed four business agreements worth nearly 20 billion pesos (SSl.l billion) to cap a three-day visit of King Juan Carlos to this former Spanish colony. The biggest of the accords was a 15.6-billion peso contract
    Reuter  -  157 words
  • 324 18  -  From Anthony Rowley in TOKYO THE Aum Shinrikyo religious group, widely suspected as having been responsible for the nerve gas attack on the Tokyo subway last month, yesterday launched a campaign to dissociate itself with the crime and to implicate another
    324 words
  • 265 18 UPI BEIJING Top Chinese bankers say Shanghai has a three-phase plan to transform its fledgling markets into an international financial hub rivalling Singapore, Hongkong and Tokyo by 2010. "In the first decade of the next century. Shanghai will be turned into
    UPI  -  265 words
  • 46 18 Reuter ATTERSEE, Austria A diver smoking a cigar in a glass diving bell in the Attersee lake in Upper Austria last week. A diving school there has declared the underwater area as a smoking area to protest against more non-smoking areas in Austria. Keuter
    Reuter  -  46 words
  • 201 18 Reuter LONDON Britain's middlesized business sector is overwhelmingly run by fiercely independent men who work long hours and who never went to university, an investment group survey said. The survey, which polled 931 firms, showed that almost half the owner-managers want their businesses to remain
    Reuter  -  201 words
  • 631 18  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, where this commentary first appeared AN AMERICAN visitor to Paris recently received a sharp insight into how France works after losing patience with rude sales stafT in a
    631 words
  • 157 18 AFP NEW DELHI India yesterday approved 69 foreign investment proposals worth US$l4O million (Ssl97 million), including one by US carmaker General Motors, a government statement said here. The projects were cleared by a special committee headed by Finance Minister Manmohan Singh, the architect of
    AFP  -  157 words
  • 319 18 Reuter WASHINGTON Another US think tank yesterday released a study saying global warming concerns were greatly exaggerated. The study by the George C Marshall Institute said computers could not predict changes in global temperatures based on carbon dioxide levels
    Reuter  -  319 words
  • Page 18 Advertisements
    • 78 18 Flimiiimmi ARTNERSHIP 4 m FORGED BY >**»>* UNDERSTANDING I PRIME RESIDENTIAL SITE/ENBLOC APARTMENTS I FOR SALE BY TENDER Large land area of 21,412 sq ft m t9' B Freehold title J ijJji, UH For development/rental income j Potential plot ratio of 2.1, 20 K*i^^jj3lBMay 1995 at 12noon For investment report
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    • 8 18 US incomes show unexpected strong rise, Pg 8
      8 words
    • 22 18 Distributor for Nitsuko Keyphoae Systems A EPABX: SintfApOßE SINGAPORE COMMUNICATIONS EQUIPMENT CO PTE LTD Tel 2TB TOSS ■Every Call is A commitments
      22 words

  • COMPANIES & MARKETS
    • 637 19  -  By Catherine Ong, Tan Su Yen THREE companies in the Jardine group saw active debuts on the Singapore stock exchange despite a general slump in Asian equities yesterday. With their entries, the Hongkong-based conglomerate has become the biggest trading force
      637 words
    • 344 19  -  By Lee Han Shih SINGAPORE Trading in takeover target Parkway Holdings surged to 7.43 million shares yesterday, fuelling speculation that Indonesian businessman Sukarman Sukamto was raising his stake. Shares of the listed property and medical care group saw brisk trading
      344 words
    • 195 19 SINGAPORE The sale of the Liang Court-managed hotel/serviee apartments in the Lake View Resort in Zhaoqing, China, will be launched here tomorrow. Marketing agent JM Sidlee said in a statement yesterday that the leasehold apartments range from 53.7 sq m to
      195 words
    • 142 19 SINGAPORE Milling group Prima has obtained a $50 million credit line from 11 banks. The three-year loan with an option for another two years was arranged by UK-based merchant bank NM Rothschild Sons (Singapore). Called the Multi-Currency Short-Term Advance Facility (MAF), it replaces
      142 words
    • 562 19  -  HOCK LOCK SIEW By SN Vasuki SINGAPORE Thailand's ambitious programme to attract private sector investment in the power sector has generated considerable interest among foreign and domestic firms. Analysts feel Thai companies will win many of the contracts
      562 words
    • 164 19 SINGAPORE ST Electronic Engineering (ST E&E), formerly known as Singapore Electronic Engineering, has entered a joint venture to look into the development of telecommunications systems and scrviccs in China and the Asia Pacific. ST E&E has tied
      164 words
    • 222 19  -  By Agnes Wee SINGAPORE Two Mibsidiarics of DBS Land have signed a joint-venture agreement with Singapore Insulating Cilass (SIG) and Southwall Teehnologies to make and market Southwall's Heat Mirror glass products in Singapore and the region. The two subsidiaries. Encteeh
      222 words
    • EYE on your STOCKS
      • 52 19 Market l/#W iminutes the likely trailing sentiment today, based on brokers /Milled at 5-ttnm yesterday. Overnight e\ents may alter sentiment Brokers /Hilled ilhanee. Barings. Credit Lyonnais Securities. Duma, h'rastr. (IK (nth, Kay Hum. Morgan (jrenfell, Ong Co. Somura. Phillip. Smith \ew Court. Il l Carr and SO
        52 words
      • Article, Illustration
        95 19  -  By Paul Leo LANDMARKS is building a base for a long-term rally. Short and medium-term technical factors are neutral while long-term technical factors are heading towards oversold region. Trading volume has also fallen 349,000 units changed hands yesterday compared to the 10-day average of 718.0()0 shares. Support is
        95 words
    • COMPANIES
      • 514 20 Foreign brokers can trade through tie-ups with local houses: KLSE chief AFP KUALA LUMPUR Malaysia is not ready to license foreign brokerages to trade locally although they will still be allowed to do so through tie-ups with local houses. "The time will come,
        AFP  -  514 words
      • 200 20 MBT KUALA LUMPUR Eight merchant banks have expressed interest in issuing call warrants. Three of them have submitted two sets of documentation each to the Securities Commission (SC), comprising a trust deed and a prospectus each. According to SC research
        MBT  -  200 words
      • 350 20 Reuter HANOVER, Germany German companies yesterday said they have signed billions of deutschemarks in contracts in the past two days with Indonesia, this year's foreign partner at the Hanover Industry Trade Fair. Largest was the US$l.6 billion (552.24 billion)
        Reuter; — Reuter  -  350 words
      • 193 20 Bloomberg Business News BANGKOK Shinawatra Satellite pic has leased all the less-costly transmission space on its two satellites, but still has some of the more expensive slots left, a senior executive said yesterday. The slots, known as transponders, are units on communication satellites that
        Bloomberg Business News  -  193 words
      • 273 20  -  By Yu Chin Fun SINGAPORE Local concern Citystate Management Group Holdings has bought out its British partner in general insurer Provincial Citystate Group. The buyout was triggered by the acquisition of its partner. Provincial Insurance pic, by Compagnie UAP. Europe's second
        273 words
      • 142 20 Bernama KUALA LUMPUR Mega First Corporation Bhd has reported a group pre-tax profit of MS 13.23 million (557.37 million) for the six months ended Dec 31, 1995, up 229 per cent from M 54.02 million in the previous corresponding period. Announcing its
        Bernama  -  142 words
      • COMPANY BRIEFS
        • 50 20 SINGAPORE Sunshine Allied Investments will be appointing a financial adviser to advise independent directors on the takeover ofler by Pengkalen Holdings. The company yesterday also said it has completed the acquisition of assets from the receivers of Charles Candy Sdn Bhd for about $7.7 million.
          50 words
        • 66 20 SINGAPORE Former Commissioner of Police Goh Yong Hong has been appointed a non-executive director of Sesdaqlisted Pertama Holdings. Mr Goh left the Police Force in 1992 after 13 years. He went on to join the Singapore Turf Club the same year and is currently its
          66 words
        • 45 20 SINGAPORE Harimau Investments, the closed-end fund of OCBC Bank, says its net tangible asset backing per share, based on the group's accounts as at Feb 28, was $1.96. Its NTA per share at the end of January was $1.92.
          45 words
        • 42 20 SINGAPORE Singapore Telecom has formed an associated company in Brunei called Integrated Communications (Incomm) to market and service telecommunications and information technology equipment. The authorised and paid-up capital of Incomm are Bs2 million and Bsl million respectively.
          42 words
      • 2483 20 UNIT TRUSTS A FUNDS Managers' prices (S) Apr 4 (JSC* Fund 100 KM" Singapore Unit Trust UOB Asset Mgt Ltd The C ommerve 157 1.(6 I nifund 1.33 I N The Savings Fund 142 I 50xd (Jmbond f 103 1055 S pore Prog Fund 0 5* 0 62 I nited
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      • 160 20 MANILA San Miguel Corp (SMC) has earmarked 40 billion pesos (552.2 billion) to finanee the second phase of its expansion programme. In a report yesterday to the Philippines Stock Exchange. SMC said the programme included the putting up of a brewery in
        160 words
      • 339 21 Reuter TOKYO One Bank of Tokyo Ltd (BoT) share will be exchanged for a 0.8 Mitsubishi Bank Ltd share in the banks* planned merger. The banks said in a joint statement yesterday that under the merger's legal framework. Bank of Tokyo
        Reuter  -  339 words
      • 148 21 Bloomberg Business News HONGKONG Property developer Winfoong Investment yesterday said its net profit rose 173 per cent in the year ended Dec 31, 1994. In a statement, the company said net profit after tax rose to HK590.03 million (5516.37 million) from HK533.03 million in the previous
        Bloomberg Business News  -  148 words
      • 420 21 NYT NEW YORK Seagram Co is close to a deal to sell its nearly 25 per cent stake in E I DuPont de Nemours Co back to the company for nearly US$lO billion (Ssl4 billion) in cash, several people familiar with
        NYT  -  420 words
      • 42 21 Business Wire PARK RIDGE, New Jersey Sony's egg-shaped RM-V3O universal remote control is economically designed and no bigger than an egg. The soon-to-be-available gizmo is pre-programmed to operate most TVs, VCRs and cable boxes. Suggested price: U5534.99 (5549.18). Business Wire
        Business Wire  -  42 words
      • COMPANY BRIEFS
        • 81 21 Bloomberg Business News HONGKONG Peregrine Investment Holdings on Monday said its net profit fell 23.9 per eent for the financial year ended Dec 31, 1994. Profit, after tax and minority interest payments, fell to HK5650.7 million (Ssl 17.12 million) from HK5855.6 million in 1993. Earnings per
          Bloomberg Business News  -  81 words
        • 64 21 Bloomberg Business News HONGKONG Li Ka-shing's company. Purple Mountain, sold 254 million shares, or 17 per cent of the issued capital, of investment company Sun Hung Kai Hong Kong Industries Ltd last Friday, the Chinese-language Economic Journal reported. Sun Hung Kai Hong Kong Industries dropped
          Bloomberg Business News  -  64 words
        • 58 21 Bloomberg Business News HONGKONG Shares in Yaohan International Holdings tumbled 23 per cent after the HK-bascd holding company said it didn t know why its stock surged in brisk trading last Friday. Yaohan said it wasn't in negotiations to sell or acquire businesses or
          Bloomberg Business News  -  58 words
        • 89 21 Reuter SYDNEY ICI Australia Ltd on Monday said its wholly owned unit ICI New Zealand Ltd has bought from Bums Philp and Co Ltd the assets and technology of the NZ-bascd CCL group of companies for an undisclosed sum. ICI Australia said the CCL
          Reuter  -  89 words
      • 267 21 Rival Compaq announces new features for best-selling Presario line NYT NEW YORK HewlettPackard Co was expected to announce yesterday its first entry into the market for home computers, with three lines of aggressively priced multimedia Pentium machines that it planned to sell
        NYT  -  267 words
    • FINANCE & COMMODITIES
      • 420 24  -  By Soh Tiang Keng SINGAPORE The Frenchbased Suez group will set up an investment holding company in Singapore in the next few weeks to invest and manage USS2OO million (SS2B4 million) of its own funds in Asia. Called Suez Asia Holdings,
        420 words
      • 399 24  -  From Loh Hui Yin in BANGKOK HIGH interest rates and bearish conditions in the capital market in Thailand have driven developer Univest Land to tap a US$2O million (Ss2B million) loan from the Singapore branch of Germany's Commerzbank AG.
        399 words
      • 57 24 AFP SHANGHAI A representative of the American International Assurance company (AIA) talks to prospective customers at a makeshift counter along busy Nanjing Road here yesterday. AIA, one of only two foreign insurance companies allowed to open branch offices in Shanghai, has pushed insurance coverage
        AFP  -  57 words
      • SMALL CHANGE
        • 103 24 Bloomberg Business News HONGKONG The International Bank of Asia plans to expand the businesses for which it charges fees such as credit cards because big fluctuations in interest rates make lending riskier. The Eastern Express newspaper yesterday said the bank wanted to expand fee businesses
          Bloomberg Business News  -  103 words
        • 86 24 AFP MANILA Bank of Tokyo yesterday started commercial hank operations in the Philippines, becoming the first of the 10 foreign banks allowed to set up in the country to open its doors. The Bank of Tokyo's branch in Makati would be its only
          AFP  -  86 words
        • 63 24 Reuter LONDON Lloyds Bank pic chief executive Brian Pitman has predicted that new technology and increasing competition will see Britain's banking industry shed a further 75.000 jobs in the next few years. The Sunday Times quoted a spokeswoman as saying this should not be
          Reuter  -  63 words
        • 109 24 Reuter MANAMA Bank of Bahrain and Kuwait (BBK), the second biggest commercial bank in Bahrain, on Sunday posted a 25 per cent drop in its 1994 net profit. The bank made a 7.5 million dinar net profit in 1994, down from 10.1 million dinars in
          Reuter  -  109 words
      • 185 24 AFP, Bloomberg Business News HONGKONG Nat West Markets, the corporate and investment arm of the banking giant Nat West Group, said yesterday it had received approval to set up a branch in Malaysia to conduct offshore banking business. The bank, which has
        AFP,; Bloomberg Business News  -  185 words
      • 167 24 Reuter SINGAPORE The Kuala Lumpur Commodity Exchange (KLCE) plans to introduce options on its crude palm oil futures contract, the world's only such contract. KLCE chief executive Syed Jabbar Shahabudin yesterday said a series of talks to promote the contract and educate
        Reuter  -  167 words
      • 411 24 MBT KUALA LUMPUR The Malaysian government is setting up a MS27 million (SSIS million) fund to promote the Labuan International Offshore Financial Centre (IOFC) over the next five years. Daim Zainuddin, chairman of the Labuan Development Authority (LDA), has said. The fund will
        MBT  -  411 words
      • 319 24 Bloomberg ENERGY REPORT LONDON Oil futures declined on both sides of the Atlantic amid concerns demand for a cleaner-burning, so-called reformulated grade, or RFG, will diminish. Petrol futures have tumbled as much as 3 per cent since Thursday, after three counties in the state
        319 words
      • 205 24 Reuter LONDON The dollar dived to a post-World War II low on the yen and also closed near session lows versus the mark, undermined by a lack of fol-low-through intervention by European central banks. Dollar-supportive action by the Federal Reserve in Far Eastern trading had prompted speculation
        Reuter  -  205 words
      • 95 24 AFP NEW YORK The dollar hit a record low against the yen early yesterday and remained weak against other major currencies despite a rare intervention by the Federal Reserve on Asian markets. At about 1425 GMT. the greenback was quoted as trading at 1.3730 marks, up from 1.3728
        AFP  -  95 words
      • Article, Illustration
        1691 24 IlaJs urtichlid iiule\ <akulalfJ utams! V'|*»f top 14 trailing /uim<tv uw /«*< US$/S$ forward rates Noon /Apr 3 s$ Bid Offer 1-month I 4011 ***** 2-month ***** ***** 3-month 1.3930 1 394} 6-month 1 3825 1.3845 Wiv (X Kl Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Apr
        1,691 words
    • COMMODITIES & FUTURES
      • 1427 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended firmer on the Tokyo stock market's 4.7 per cent plunge and jitters over the yen's unstoppable rise. Eurodollar futures closed little changed in thin trade. "It's the same old story for Euroyen you've got a strong currency
        Reuter  -  1,427 words
      • 680 25 COMMODITY REPORTS Gold HONGKONG: Gold closed up on short-covering hut was otY its intra-day high in thin trade. "The trend is bullish today. All the sellers have disappeared and short-covering interest boosted the price to a dav's high of U*****.60/393.10 in'the afternoon session," said a
        680 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 71 25 TOKYO Japan's Dowa Mining Co announced yesterday it has increased production of copper 2.4 per cent to 10.184 tonnes per month for the first six months of fiscal 1995-96 (Apr-Sep). compared with 9.947 tonnes per month in the same period a year ago. The
          71 words
        • 57 25 HAMBURG Germany's Melitta cofTee group plans to develop markets and increase sales in Eastern Europe this year. Last year. Melitta founded regional firms in Poland and Russia, and opened offices in other eastern European countries. The group's turnover last year rose to 1.8 billion
          57 words
        • 60 25 NEW DELHI India has sold two million tonnes of wheat to China, according to newspapers, citing the Press Trust of India. State Trading Corp which exports grain for the government declined comment about the sale. Some 50.000 tonnes ol wheat have been
          60 words
        • 44 25 TOKYO Japan's Mitsui Mining and SmeUing said it has cut its domestic sales price of refined zinc by 2.000 yen (SS32) per tonne to 130.000 yen. effective yesterday. Mitsui is the recognised price leader for Japan's domestic zinc market.
          44 words
        • 74 25 HONGKONG China plans to increase exports of rolled steel to five million tonnes this year, compared with 3.7 million in 1994. because of a sluggish domestic market, the China Daily newspaper reported on Sunday. Officials at the Ministry of Metallurgical Industry said rolled steel
          74 words
    • 1513 25 SICOM Futures Rubber (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) ("lose Volume Open Month High Low Sett (tonnes) Interest Mav 95 262 50 I 1650 Jun 258.00 2725 Jul 256.00 1500 Aug 255.00 1500 Sep 254.00 1500 Oct/Dee 253.50 7680 Jan Mar 96 254.00 450
      1,513 words
    • REGIONAL STOCK MARKETS
      • 989 26 -7.1 LOWER futures, lingering budget uncertainty and a fall by the Tokyo market dragged stocks to a weaker close amid lower volume yesterday. The All Ordinaries Index ended 7.1 points lower at 1,899.5 after trading in a narrow 9.5-point range. The All Industrials fell 18.6 to 2,857.4, while the
        989 words
      • 627 26 -15.62 Share prices fell 0.65 per cent due to a technical correction following the minor rally last week and the fall of the US dollar against the yen. The Composite Index fell 15.62 points to 2,376.63. Turnover was 1.3 billion shares valued at 757.5 million pesos. Analysts, however, disagreed
        627 words
      • 504 26 11.45 Shares registered a heavy drop as newspapers reported a growing dispute over nuclear issues on the Korean peninsular. The Composite Price Index slid 11.45 points to 922.64 in very cautious and dull trading. Turnover was 13.06 million shares valued at 307.8 billion won. Falls swamped rises by 595
        504 words
      • 435 26 1.36 Shares closed a touch higher after reversing early weakness. The barometer NZSE-40 Capital Index ended the day at 1,998.89 points, 1.36 higher and comfortably off the low for the day of 1,982.61. The leaders were a mixed bag. Foresters Carter Holt Harvey, up six cents to NZ53.46,
        435 words
      • 94 26 53.35 The market welcomed the 1995/96 financial year with fresh buying by speculators at the start of a new account pushing up prices in active trade. The 30-share BSE Index gained 53.35 points to 3.314.31 while the 100-share National Index rose 5.96 to 1.612.36. Buying was aggressive with yesterday
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      • 492 26 Taipei Apr IS Vol Vhanccil I ns 4110 020 3212 \mj< rrwm S7<■> u mh 1076 < alius < unslr 4110 *0 10 1455 jlhj> I ile Ins 1*7.00 I DO 2170 < hjn« M.j lljnk 168 00 200 2121 Cheng luung 4110 o 10 |<*2I «FliJ IImii .rn.nl N
        492 words
    • WORLD STOCK MARKETS
      • 737 26 Britannia Funds Mcrliag < ash Bid (OTn Mim jp IVpuul »*6400 W 6500 Mini Jene> <>ilt 0 l*4J 0 1442 Mim Mat Income *0 4000 *0 «»400 I S$ Cash Income Plus Fund *****0 10 5JOO PS$ RcwncFaad MM 5 4400 Furo Performance 0 4512 0 4111 Far EaM Fund
        737 words
      • 648 26 +5.2 SHARES finished the day marginally ahead in cautious trade despite renewed dollar weakness against the yen and the sharp fall in Japanese shares in Tokyo. "It's been deathly quiet today," said one analyst. "The combination of the weakening dollar and the sell-ofT in Japan has made the market
        648 words
      • 162 26 +4.52 Rallies in the French and German bond markets helped French shares reverse an early decline to close higher. "Bond markets across the world are stronger," a trader said. Bond prices, underpinned by last week's cuts in German rates, rose on US data suggesting a slowdown in the pace
        162 words
      • 173 26 +8.23 German shares ended at the day's high, holding futuresled gains. But trading volumes remained minimal. Dealers said the market was unsettled by the continued weakness of the dollar. The DAX Index ended 8.23 points higher at 1.930.82. Frankfurt Apr J DM \Tt; 1 32 50 -3 4 BASF
        173 words
      • 236 26 +8.26 Belgian stocks rose, offsetting Friday's decline, as the dollar recovered against the franc, easing concerns about earnings of Belgian exporters. dealers said. Stocks were also buoyed by a rise in bond prices, which made shares seem good value. Higher bond prices boosted banks and insurers in particular, as
        236 words
      • 127 26 -125 Italian shares ended more than one per cent down depressed by weak lira and stock falls overseas, dealers said. The Mibtel Index finished 125 points weaker at 9,458. "Italy is a small ship tossed on the heavy international seas and we are to some degree at the mercy
        127 words
      • 324 26 +0.88 Dutch shares closed a quiet day slightly firmer, with large-scale investors happy to sit out the session waiting for a clearer trend to emerge in the embattled dollar. "Volume today has been ridiculously low," said one trader. "The big investors are trying to get more information about the
        324 words
      • 138 26 +0.34pc Swedish shares firmed as the OMX Index rose 0.34 percent. Turnover, at 1.1 billion crowns, the lowest for nine months. The bourse closed higher in spite of rising bond yields and a vulnerable crown. Ericsson was the busiest share with turnover of 203 million crowns and firmed 2.50
        138 words
      • 261 26 +2.2 Swiss shares ended Hat after a quiet and a futures-led session. The weak dollar and lower mark versus the Swiss franc dampened sentiment and depressed activity. The Blue chip SMI Index closed up 2.2 points to 2,511.1, while the SPI Index added 0.40 at 1,641.25. Share prices were
        261 words
      • 421 26 1.5 South African gold shares renewed Friday's steep gains yesterday as they reacted to bullion price strength. "The gold price has done wonders for confidence," a trader said. "It has swung the market to buyers." But he said institutions appeared sceptical about the current rally, and their interest was
        421 words
      • 232 26 -9.70 Stocks were mixed in quiet early trading depressed by North American currencies with dealers expecting a sluggish session. The TSE-300 Composite Index lost 9.70 points to 4.303.90 on volume of 8.36 million shares valued at C 5102.00 million. However, heavily weighted gold shares helped advancing stocks outpace declines
        232 words
      • 756 26 unch The Dow Jones Industrial Average, which slipped 14.87 points on Friday, was unchanged at 4,157.69 at 11 am EST. The key barometer was ahead 10.72 shortly after the market opened. The NYSE Composite Index was off 0.12 to 270.92, while Standard Poor's 500-stock Index was down 0.32
        756 words
    • Article, Illustration
      3106 27 Bloomberg Business News HONGKONG Stocks suffered their biggest losses in nearly a month as investors shunned securities tied to the slumping US dollar. With the Hongkong dollar pegged to the US dollar, investors sold shares after the greenback fell to new lows against the yen. Many were concerned that
      Bloomberg Business News; Source: Bridge Info  -  3,106 words
    • Article, Illustration
      622 27 CLSA HONGKONG H shares ended down 19.14 points to 1,106.19 on turnover of HKS6I million. Beiren Printing and Luoyang Glass were the best performers, up 3.6 per cent and 2.1 per cent respectively in moderate trading. Shanghai B shares ended 0.23 per cent lower on turnover of USS3.7 million.
      CLSA  -  622 words
    • Article, Illustration
      2553 27 Bloomberg Business News TOKYO Stocks kicked off corporate Japan's 1995 fiscal year on a sour note, plunging to 31-month lows after the dollar fell to new lows against the yen. "Nobody's really surprised, given the big drop in the US currency," said a dealer. "The whole key to this
      Bloomberg Business News; Source: Bridge Info  -  2,553 words
    • Article, Illustration
      1892 27 Reuter BANGKOK Stocks closed lower on across-the-board selling in line with falls on key regional markets hit by concern over the ailing dollar. The SET Index closed down 29.97 points, or 2.5 per cent at 1.186.71. A moderate 62.7 million shares worth 3.9 billion baht were traded. Falls outstripped
      Reuter; Source: Bridge Info  -  1,892 words
    • Article, Illustration
      1209 27 Reuter JAKARTA Stocks closed lower in thin trading, with crosstrading dominating the market as sentiment remained cautious. "Players were cautious over the impact of the falling dollar. Except for cement stocks which made strong gains, most shares were subject to sell-ofTs." one broker said. Semen Cibinong was up 400
      Reuter; Source: Bridge Info  -  1,209 words
    • 2561 28 U t»r I* Last Vol Day Lm Quote IN> Oh \U Net M ap llfch l« oanpaay Salt (TOOI High u Bu>rr Seller N ("»r S PIf faml MALAYSIAN STOCKS 464 73 m AIS8 50c 460 f6 496 464 446 460 462 10 -2.9 0 2 472 120
      2,561 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 6969 28 Bloomberg Business News KUALA LUMPUR Stocks fell on concern that the yen's recent surge will raise costs for Malaysian companies that rely on Japanese imports for parts or equipment. The possibility of another increase in US and Malaysian interest rates also weighed on
        Bloomberg Business News; Source: Bridge Info  -  6,969 words
    • STOCK EXCHANGE OF SINGAPORE
      • 8742 29 U U M Mi **9 ijil \«l Da; I aM l>H( Dii Di» tld >«l (ay \»g High lo« (oaipaa) Sale 000) High Lao Bu>rr Seller S C"»r P/fc linil Price INDUSTRIAL AND COMMERCIAL 412 428 ml Vma 50c 434 cd until 3 4)4 410 4)2 4)4 22 5 26
        8,742 words
      • 1936 30  -  By Paul Leo SINGAPORE Local investors, nervous over a weak US dollar, withheld their bids, resulting in an 18.47-point fall in the Straits Times Industrials Index to 2.074.65 yesterday. Among the other indices, the BT-MGA Index was 8.89 points lower at 947.56
        Charts by Bridge Info; Source: Bloomberg  -  1,936 words
  • Page 19 Advertisements
    • 460 19 NEWS VALUE Tokyo shares plunge 5% as BOJ holds rates steady (pg I) Only a cut in the Japanese official discount rate would bring some relief to the ailing dollar and the Nikkei. CMB: full-year losses due to wrong interpretation in interim accounts (pg I) Company should have said so
      460 words

  • Page 20 Advertisements
    • 186 20 Seminar on Attractive Investment Opportunities in INDONESIA The seminar will focus on one of Indonesia's newest and vibrant Export Processing Zone TANJUNG EMAS located at Semarang, Central Java. It offers more than one million square meters of land for new manufacturing sites. Efficiently organized as a Free Trade Zone. One
      186 words

  • Page 21 Advertisements
    • 323 21 I W[ n BI \1 J 3%. Ifm K €S) i- JMM y kwmif I r K v m bp® BHI VMHI hihhh f|f^^j||||||||||^^ Whether you're starting up a new business or expanding your existing operation, the last thing you need is a bank holding you back. Voted Best Bank
      323 words

  • Page 22 Advertisements
    • 537 22 The company for all your marine Provides marine air-conditioning electronic solutions refrigeration systems including design, consultancy, repair, maintenance related services Mitsubishi Corporation INTMHEH (MITSUBISHI SHOJI KAISHA, LTD.) BE D£ffiin°i iana 6-3, MARUNOUCHI 2-CHOME, CHIYODA-KU, TOKYO, JAPAN NAMIREI ENGINEERING TEL: (03) 3210-4475 FAX: (03) 3210-4446 TELEX: MCTOK A J ***** gA
      537 words

  • Page 23 Advertisements
    • 319 23 I—Another successful delivery I I t i t' '"-fv I jW-r ;Jat- i'-'if ->L' i-» jy jfl jJaMBBB% "^1 -v* r .?y VJP^wSSifefw.' I f^S££az^ > jl^iti2*i22S£fl^^^ *1 Petro Venture I^s^^sr*t^BWßpB BWW A partnership in success. Petroships and It also shows that Singmarine Dockyard, an Singmarine Industries Limited (Singmarine), completed
      319 words


  • Page 25 Advertisements
    • 71 25 Financial New s W!!j1l A Quick Look At The I I Market I Call 24 hours a day for I I SES KLSE midday I I reports, closing world market reports and business news. Cost: 30 cents a minute iHFlHline An SPH AudioTc* Scrvice Find a new rider for your
      71 words

  • Page 26 Advertisements
    • 94 26 The Taiwan stock market was closed yesterday 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
      94 words

  • Page 27 Advertisements
    • 24 27 ACTAL NEUTRALISES STOMACH ACID. quick relief from stomach discomfort, FAST-ACTING ANTACID gastric pain, indiges- M s >|r Health tion and heartburn. m f 2
      24 words


  • Page 29 Advertisements
    • 30 29 Find the job that suits you in TlieStraitsTiiiies APPOINTMENTS ALAIN DELON rr f I 7 T Ljlassics i« ~j^w| k r f' TIME GROUP Mr f »«.4 «o iwwiKi'fi .mx.fi^oNMMiKnirßwj.w
      30 words

  • Page 30 Advertisements
    • 29 30 BUSINESS TIMES NOTICES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 CENTRE STAGE Keep in step with the culture beat. The Arts. Every Monday. SINOAPORH fI 1 Business Times WE KNOW ASIA
      29 words
    • 252 30 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF LIFE SUCCESS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50. that the FINAL MEETING of the Members of the abovenamed Company will
      252 words
    • 296 30 THE COMPANIES ACT, CAP. SO CHEE KOON KAY (PTEJ LTD (IN MEMBERS VOLUNTARY UOUIDATtON) At an Extraordinary General Meeting of Chee Koon Kay (Pte) Ltd duly convened and held at 49 Devonshire Road. Singapore 0923 on Monday, the 27th day of March 1995. the following special resolutions set out below
      296 words
    • 345 30 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF VINCCI JEWELLERY MANUFACTURER PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 101-A Upper Cross Street. #11 -22 People's Park Centre. Singapore 0105 on the
      345 words

  • Shipping Times
    • 342 31 HO CHIH MINH CITY Vietnam will launch its first maritime trade show, Maritime Vietnam '95 and hold The first Maritime Inland Shipping Exhibition in Ho Chi Minh City from April 19-22. The trade show aims to address the demands and challenges of the
      342 words
    • 91 31 Photo by Chris Loh SINGAPORE The 35-metre monohull ferry 'Penguin Ever' being carried by a straddle crane lift at the Penguin Boat Service shipyard in Tuas. The $1.5 million crane can lift vessels of up to 250 tonnes from the water. Its four wheels, which are twice an
      Photo by Chris Loh  -  91 words
    • 445 31 MBT HONGKONG Hongkong, the world's busiest container port, continues to register huge growth in container throughput for the first two months of this year. Its eight container terminals at Kwai Chung and Stonecutter Island handled 1.15 million TEUs
      MBT  -  445 words
    • 599 31 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 •Ahlers Lines 12 1 Ahrenkiel Liner 4 1/2 •Appcnship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line. The 9 5
      599 words
    • 239 31 Knight-Ridder NEW YORK Tanker rates continued to lose ground in all sectors of the market last week, brokers said over the weekend. In the Caribbean, US buyers were in a relaxed mood and held off buying, with fuel oil and product
      Knight-Ridder  -  239 words
    • 149 31 Reuter OSLO Norwegian shipping firm Bergesen dy AS has agreed with Standard Tankers Bahamas Limited (STB), an Exxon Corp subsidiary, on an eight-year time-charter deal for M/T Berge Sigval. The contract takes effect in the second quarter of this year and includes an
      Reuter  -  149 words
    • 160 31 Bernama KUALA LUMPUR Malaysia's Department of Environment (DOE) yesterday issued a detention order against a tugboat suspected of polluting the Straits of Malacca. According to a DOE spokesman in Kuala Lumpur, the order had been faxed to the Marine Departments in Malacca
      Bernama  -  160 words
    • 1897 32 THE pace of this week's decline in freight rates slowed on Friday as the Baltic Freight Index (BFI) lost only eight points to 2,209. The index's losses this week now total 80 points. The market was active in most areas and types of vessels. But grain charterers are
      1,897 words
    • 182 32 COURSES title: Graduate Diploma in Facilities Management Duration: Apr 4 Organiser Singapore Institute of Engineering Technologists -•*< Tel: For further details contact VIMC at 224-8343 or fax: 224-2448. I jt Title: Shipping Law Disputes (SDF Case-by-Case Basis) Duration: Apr 5 May 17 Organiser Singapore National Shipping Association Tel:
      182 words
    • 1089 33  -  The US$637 million Vung Tau port will be one of Vietnam's biggest BOT infrastructure projects. Jimmy Yeow has the details Jimmy Yeow Malaysian businessman Alan TT Ong and his Japanese partners Hiedo Makise and Hideyuki Ota, a father-and-son team, have reason to celebrate. After more
      Photo by MBT  -  1,089 words
    • 12252 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LE6CNO PN: ship calls
      12,252 words
    • 1028 43 Americans are clocking up mileage for free trips without having to fly. How can the airlines possibly benefit from such frequent-flier programmes? Bloomberg Business News THE Budget Rent-A-Car clerk at Washington's National Airport was confused. Five minutes after renting a car to Jeff Pollak,
      Bloomberg Business News  -  1,028 words
    • 3330 44 A iklK C ontainerline NV: Bclsin Shpg \gencies Pie Lid (SV Marine Handling Sdn Bhd (PK/PN). Vccord Group: Accord Shpg Pte Lid (SyAccord Conlr Line (PK/PN). Vdkris Businni Corporation Philippine Calsource Shpg Trdg Pie Lid (S) Ahreakiel Liner Service: Kim Shpg A Trdg (S). Albatros Sea-Air Service; Frala
      3,330 words
    • 278 44 Abacus Courier* Td: 545-8011. Fax: 545-1898 Air Express I rat el Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80 Airswift Worldwide Courier Td: 278-0188 Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Cit)-link International Td: 344-3377. Fax: 345-6450. Cluster link Supplies
      278 words
    • 1525 44 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Actinur Singapore Td: 542-7822. Fax: *****20 Aerolink Freight International Td: 545-8033. Fax: *****05 Td"542-5911. Fax: *****18 Air Cargo No»o Express Td: 542-5454. Fax: *****06 Air Express International Td: 542-7666 Fax: *****74. *****50. Air Market Express
      1,525 words
    • 2327 45 ANGOLA Luanda: Power intermittent. Water supply erratic. No berthing delays. Lobito, Namibe: Ports quiet. Cabinda: No delays at town jetty. ARGENTINA Diamante, Santa Fe: No vessels berthed, no vessels in roads, no vessels di'e. San Lorenzo: Five vessels berthed of which 1 loading soya bean meal pellets, 2
      2,327 words
    • 613 45 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dtp Name of \essel ETA EID Ports of Calls Port Agent Telephone No APRIL 04 04 Rcnaissancc I Cruise to Nowhere Renaissance Cruises 222-3388 04 04 Nautican Cruise to Nowhere Lines int'l Holdings 276-7175 04 04 Columbus Caravelle Kukup Harpers Shipping 221-1388 04 04
      613 words
    • 762 45 SHIP SALES TANKER RATES ALTHOUGH the market continues to display a firm tone with positive interest for more modern vessels, the bulk of the sales concluded this week involve 1970's built tonnage. VESSELS SOLD FOR FURTHER TRADING Bulk Carriers River Princess: 114,645 dwt and built May 1975 Hitachi, sold for
      762 words
    • SHIPS IN PORT
      • 675 46 VmM Voy No B«rtt» Arrival Dtpartut Vessel Voy No Berth Arnval Departure iurong Port SMttw Ft34 m *****500 AAta Ocean V9503 B alongside 0404 0100 Uwon 491 P02 0304 WOO Mi Seraya AS 06 95 8 9 Jongside 04 04,2000 Agel 0495 P04 03 04 1830 04
        675 words
      • 1907 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookint/Balance Rslts Ship Voy No Etb/Btr Period From To From IOSmi 164* 05/1000 IB 03/1500 03/1659 03 1900 3 04/0700 04/1159 04 1400 4 04/1200 04/1459 04/1700 Ab AMI 197S 05/2115
        1,907 words
      • 1004 46 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        1,004 words
      • 609 46 Carbon Carton V: Mar 30 Density Water Readue Mi Afcarintm Serfenent M uenary vvirer kouK ran *friin xwwi IM/M Ejaon Ex** KG/IT3 UM MM MM PPM method RC/IT3 V/V MM M/M PPM metttti SO/Onac Imti Spec 991 10 15 0 010 80* 0 10* 180 987
        609 words
    • AIR AND LAND TRANSPORT NEWS
      • 207 48 AFP HONGKONG Cathay Pacific Airways Ltd on Sunday welcomed fresh air services talks between Hongkong and Australia that will put the South-east Asian traffic rights of Qantas under the spotlight. With the negotiations to start today in Canberra, the Hongkong-based
        AFP  -  207 words
      • 258 48 Reuter PONTIAC, Michigan Negotiators for General Motors Corp and the United Auto Workers union on Sunday continued talks aimed at ending a strike that began last Friday. Union officials said that the two sides did not appear close to settling key job-security issues,
        Reuter  -  258 words
      • 325 48  -  By Alec Almazan SINGAPORE DHL International has been voted the Best Express Service and Best Total Logistics Operator in the Asian Freight Industry Awards '95. It is the ninth consecutive time DHL has won in the Best Express Service category and
        325 words
      • 58 48 AFP BERLIN The Avus highway in Berlin was closed to motor traffic op Sunday during the world's biggest 'bicycle demonstration*. According to the police, some 10,000 people took part in the demonstration to draw attention to 'mobility without motors'. The UN Framework Convention on Climatic Change is
        AFP  -  58 words
      • 321 48 Reuter LONDON Airbus Industrie chief Jean Pierson said there is not a large enough market to support a "super-jumbo" passenger jet carrying more than 600 people, the Financial Times has reported. Mr Pierson, managing director of Airbus, told the newspaper in an
        Reuter  -  321 words
      • 303 48 AFP ABU DHABI South Korea's car giant Hyundai had boosted car exports to the Middle East and would take advantage of the strong Japanese yen to bid for a larger market share, a company official said on Sunday. Its exports to the
        AFP  -  303 words
      • LOG BOOK
        • 94 48 SINGAPORE P&O Containers will start a weekly service this month between South Asia and the Middle East. Replacing a fortnightly service, it will call at Kuwait and Bandar Abbas from Singapore via a feeder service from Jebel Ali. Capacity on this route will also be
          94 words
        • 52 48 Reuter NIEUWE WATERWEG, The Netherlands Two torpedoes being detonated by the Dutch Navy on Saturday. The torpedoes belong to British World War I ship HMS Tornado, which sank ofT the Dutch coast. The explosives were lying along the shipping lanes and posed a serious danger to
          Reuter  -  52 words
        • 70 48 Reuter JAKARTA Indonesia's state-owned toll road operator Jasa Marga expected private and state-owned firms to help it build 193 km of tolled roads on Java island, costing about 1.93 trillion rupiah (SSI.2 billion), a company official said yesterday. The roads would be built under the
          Reuter  -  70 words
        • 80 48 AFP TOKYO Motor vehicle sales in Japan in the year to March rose 5.1 per cent from the previous year to 5,055,374 units, marking the first annual rise in four years, the Japan Automobile Dealers Association said yesterday. In March alone, motor vehicle sales
          AFP  -  80 words
        • 51 48 Reuter SYDNEY TNT Ltd said it had bought the operations of transport and logistics group, Societe Affretements Groupages et Transports Bachini SA (AGT), from the Bachini family for an undisclosed sum. AGT is primarily active in the south of France and in the Paris region.
          Reuter  -  51 words
      • 160 48 AFP TOKYO Japan's All Nippon Airways (ANA) has sold nine Boeing aircraft to leasing subsidiaries of three major trading houses and will continue to operate them on "leaseback" agreements. The deal is priced at a total of 21 billion
        AFP  -  160 words
      • 1755 48 crty n» ra nw no_ eg nm ft* nm n»_ Abu Dhabi GA882 2310 Adelaide QF81 1930 QF82 2055 Hanoi VN741 1310 VN740 1410 SQ228 2120 Hatyai TG407 2106 TG406 0620 Amsterdam KL831 0925 GA974 0020 MI895 2300 M1896 1920 SQ327 1530 KL844 0040 H« CM
        1,755 words
      • 136 48 Bloomberg Business News NEWARK, New Jersey Kiwi International Air Lines is providing three airplanes to retrieve about 700 stranded travellers who booked vacations with Club America Vacations. The Newark, New Jerseybased airline said it was contracted by Club America, a tour operator,
        Bloomberg Business News  -  136 words
  • Page 31 Advertisements
    • 36 31 LAW PAGE Every Thursday in Business Times Freebies are for infrequent fliers too, Pg 13 DHL bags two awards in Asian freight industry poll, Back Pg Not enough market for super-jumbo jet: Airbus chief, Back Pg
      36 words
    • 33 31 Creating an Indochinese shipping hub. Pg 3 Lines and services represented by Members of the Registry ot Accredited Shipping Agents, Singapore National vaEjfffJ Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089
      33 words
    • 42 31 Cant keep your house in order? tf you are having problems with clogged pipes, over-grown gardens, pest infestations, poor TV reception, worn-out fittings and furnishings Get a quick fix. Seek help from the Classified. Home Needs Classifications 126 to 146. v*l CATS.
      42 words
    • 77 31 New Express Service HAMBURG E. EUROPE Effective from April '95 pis see Pa 6 for seheilule 1 IVI Mm 1 I y *'Z* v.?R fl'l 1 T 1 f|7l Reliable £2 Efficient Experienced l|/l Professional Then engage one who is a member of the Singapore Freight Forwarders Association (SFFA). SFFA
      77 words

  • Page 32 Advertisements
    • 1772 32 gMBHE i QTHgw peamtArtoNa i i north auepica i WB6CT CAIX TO WEST COAST fBCX) fWEgT COAST Of CPITBAI AMEWCA (MAWOAMTA SOMC*) SMQAPOWg CAUFOWA BCPWSSB (OWtCT fWOM WEST COAST) 1 |m ira IIA I m |w DM. ihowtoi| CMC rf mwo 555 m Iwt I w u |fnaiß»|u laca fcroon
      1,772 words
    • 287 32 CONVENTIONAL-INDONESIA SERVICE VESSEL ETA ETD DESTMATKM SAM WALIE 3/4 4/4 SEMARANG JAKARTA CHAHAYA SEJATI 8/4 JAKARTA. SURABAYA SEA SHINE 104 12/4 SEMARANG. JAKARTA. PAOANG KURNiA SEJATI 20/4 224 JAKARTA. SURABAYA FULL CONTAINS SERVICE SINGAPORE TO JAKARTA 0 VESSa VOT STORE LOADING PORT CARAKA JNV9 SJ46 W JAKARTA (tatting at W1)
      287 words

  • Page 33 Advertisements
    • 499 33 DRAFTFAX:224OO63 I AnFNWFQ OPBRATJCWS 7E3L;*****94FAX:*****13 *****ARABSHP jPLJPWWWBBHWr join ivsiyvor H mo bom IvS/voy ii oa I t*4 QMFUM'ACIIIW I*4 2*4 27/1 QM FUJA'A CIIIW 1W I*4 2*T~ At*AMKHCII2W 17* 2* 4* AL MANAXH CII2W 17* 22* U 12* BM JUBAYfI CII3W 24* 9* 11* 0N JUBAYR CII3W 2*4 2*4 13/5
      499 words
    • 116 33 Accepting LCI and corrtatrwrtMd cargo** Dlract lo South Africa S'pore Durban PEte C Town OSAKA MARU 090 IF 17/04 30/04 03/03 04/05 NEW OASIS 1002F 30/04 13/05 15/06 17/06 ORANJE 1121F OS/OS 19/05 21/06 23/05 PACIFIC LINK 1202F 14/05 2 7/05 29/05 31/05 VAAL 1378F 24/05 06.06 08/06 104* PBz
      116 words
    • 585 33 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) I FROM AUSTRALIA IEABT COABTI W fl W*KUYOT IK ITO Mil MR HO* XT *BF PQ* A MYAAARTJItIS MA! 01/V4 N/M HW* 1314 *2/W 21*4 MAJAPAM4T MM hm ftmy %%m lt *uu ITS (U« IM4 IW nw IM MS MM A
      585 words

  • Page 34 Advertisements
    • 1425 34 FTDAM le south- port I™ I VESSEL VOY.NO HAMBURG ANTWERP HAVRE AMPTON KELANG SPORE HKG KAO TYO SHI OSA NAG nykkai 12an 14fl 143 143 44 V± IZ£4 1 HAWIOVER EXPRESS 2V411 18/3 21V3 2M IVI V* 12/4 13/4 17/4 NYKALTAIR 02/212 21/3 23/3 2S/3 13/4 14/4 18/4 20/4 27/4
      1,425 words
    • 424 34 p It tor I TORO 6/4 RdnVAtwAJK/Nantes NANONAKUL 8/4 14/4 Rdm/AtwAJK/Nartea I BALA BAN 1 20/4 25/4 Rdm/Atw/UK/Nantos Loadt EjW Malayma, Indonesia J I Loading tor I SADAN KALKAVAN Dubai/Darnman/Kuwart I BUFFALO jeddah/Aqaba/Thpoti/Aijiena SAMMI FRONPIER Oubai/DammarVKuwaiCßahnarVDoha 'Loads Singapore, EVW Malaywa. Indonesia I Loading for SAMMI FORTUNE Lo« Angetos/New Orleans/ I
      424 words
    • 1307 34 NORASIA «N ALO BCL VAL HAM SRE ROT ANT FEL LHA E* 4 aW4 a% 2404 2544 2*44 2044 2744 *•< 2544 2*44 2944 2*44 2*44 3044 OIM OIM 02.45 "B* s M>« MM mm SMS OBM 17/ M 07M MM -2V. VIK IMS IM6 IMB 12*6 IMB IMB IMB
      1,307 words

  • Page 35 Advertisements
    • 1250 35 STRAITS SHIPPING PTE LTD 10 Hm Chiaag Road #11-01 Keppel Towers Singapore 0200 Tal: *****00 Fax: *****17 "tr WdIWMA/IUJ: WliJil; WW:IHI— NEW QUIWEA PACIFIC LINE service of china navigation co> CARGO DUE SMU C J NUfiA 1-8 VKMt Man M Apr H Apr H Apr pn iw COMnUNBI AMD BMAHBULK
      1,250 words
    • 1853 35 P& Containcr (Singapore Agencies) Pte Ltd ir X,#V 10 Hoe Chiang Road. #07-01 Keppel Towers. Singapore 0208 ■■■k First Class Connections WORLDWIDE Te,: 225 22 i. Teie* rs ***** pnocsp Fa*: 225 5327/222 7517 CR Number *****9 *****/. EXPORT IMPORT vcmcl VOY Ml ma Um loou amt hot ham oot
      1,853 words
    • 518 35 OUTBOUBOP PW. PBI JOM 81 HKG KAO TAI Kg T« TH M 6 B» OM «J lUS WAN HAI 213 MB2 01*4 82*4 84*4 8646*4 IM4 1204 fljt IggO 1104 2M4 WAN HAI 221AW14 B&G4 06*4 08*4 88-IM4 14*4 ggQ 1704 18*4 24*4 28*4 28*4 VMN HM 218 MBl3 88*4
      518 words

  • Page 36 Advertisements
    • 465 36 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD ETA (I* ETA TORE rail KELANG PENANG SLUE lADE tn Port Lbidirjg tor Mate MNN HUMJ 20/4 L««kng (Of Upanesc Poets oanw 15/4 LMdmg Foi Male men stntEtc is/4 loading Foi Mate UMMEEDH 8/4 Lbading For Male PfOOttSS IBEIIT 10/4 Loading
      465 words
    • 1176 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VSL SM UK NML StA YVR PCI fOR VSI SJN )|K MMA SAV "JC HANJM SMGAPORE 0171 6/4 DMECT 27/4 2«/4 2J/4 MAN* POHANC 1571 7/4 M. ASIA *211 11/5 HANJM BRIMN 0154 13/4 OKCT
      1,176 words
    • 60 36 buun mai anirrinu PTE LTD 3 SHENTON NAT #20-05/06 I—— SHENTON HOUSE REGULAR SERVICE TO SARAWAK t BRUNEI STOK Sri Pujut OS/95 Bintulu/llri U/04 Superior Dory 04/95 Port Kofert| 06/04 Mojti Voof Huj 05/95 BWufci/*iri h fttcwntf cvfo at Piw Fai|jn| fTO4 teoptmf Fa jnd roofor contwor ml koaryfttt up
      60 words
    • 1186 36 EUROPE/UKSMNDINAVIA/FINLAND/RUSSIA i 3 IHSTSSTTBI HTTjgrnH I RESULT RWOC2 w "M Si W Wl IMV LHV ANW THP K4G ROM PRL SGP I E MNMINMa I,M 4 1* M f GIANT RE4M 135 145 1M 145 1 M 11/4 IZM I GLO*NG 1 M 1/5 E. OERTRY RE 052 11/3 22/3
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  • Page 37 Advertisements
    • 1984 37 TO MOMBASA AND DM ES SALMM M MMnie 22*1900 SilmßwMm Aimct Dipt: A)criS CMIMtZm ira Fa* lO—talk 22*1*** C~rt*~r: 4205*41 »44 Camtalmar S«c ft: 4205*02 Opfr.lio. Cwl.tw: «»57M WSIW SHIPPING PTE LTD rite 2**3o COSMIF CmwlM: 4205*50 ft® ******5 caafamtlmmat *****4* Gkimtam War *17 0* CK Mac 117*7****** M F*m:
      1,984 words
    • 832 37 HEUNG-A SHIPPING (KOREAN FLAG) II jßiiY CONTAIOgH? SBWCE I COHVOfTIOmL gRWCt j JAKAWTAtVC {POtIMCqIOW JtTtMWi Wl WC HPJI) IWI Wttf'gljtTl Tl WCOf WW awprsim m/m u/h u/m u/tt m/m h/h n/u miaMnui a/w w/m 12/ Km/m a/x CT Will 512 M/>4 M/*4 12/14 14/14 M/>4 H/M Zi/U wat powm M3W
      832 words
    • 575 37 FAMOUS CONTAINER LINES —80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) ANNOUNCEMENT COMPETITIVE RATES TO U.S.A. ETD: 07TH APR. 95 CONTACT: MAY JUAN HOT LINE: *****33 (30 LINES) P. KLANG PH: 0203-*****02 (10 LINES), PENANG PH: 0204-*****7 (10 LINES) J. BAHRU PH: 0207-*****22 GLOBEUNK FORWARDERS PTE LTD
      575 words

  • Page 38 Advertisements
    • 1041 38 •N j| VESSEL VOY SIN JKT ygggEL VOY SIN PEN a WANA BHUM 273S ~Wad 5/4 Sat t/4 ,fj TNANA BHUM 115N Tin ln~Pt~ Wad 5/4 Ull VESSEL VOY WW BKK 1 WAHA BHUM 2748 W>d 5/4 Sat t!A_ KOTA j A OE JAOOS3 Wad 5/4 Fri 7/4 ■fy yANTRA
      1,041 words
    • 905 38 79 ANBOW ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0 M PORT KLANG PENANG VESSEL VOT I SIX PKL VESSEL V°Y SX PENSt* LAUREL 375N 06, 4 (THU) 07/4 (FRI) XOUR lATA ***** 04 4 (TUE) 06 4 (4u' EAGLE BREEZE 198 A 06,4 (THU) 08,4 (SAT) MCC
      905 words

  • Page 39 Advertisements
    • 1248 39 ADVANCE CONTAINER LINES (PTE) LTD 222 L 111 /V 140 Cecil Street, #12-00. PIL Building. Singapore 0106 AA TEL: *****21. FAX *****19, TELEX RS ***** ACLPL i CR NO. **********0E i BAMAKO* HB mm JAKARTA 1 (S S«lm«>/WMk to PAT, 2 S«tin«* to MIT. 1 S«lw? to LCM) (3 POUT
      1,248 words
    • 1049 39 VESSELS wr SW It HAW HAMBURG IHAKS ROHERPAM ANIWERP MUE DC CAMMA COIW 04 04 2V04 27/04 29/04 30 04 01/05 WiLt Dt SAOTTA SO«W 11/04 02 05 04 05 06 05 07 05~ 0* 0% Will 0 AQUM.A AOiW II 04 04/05 11.05 13/05 14 05 15 05 VKU
      1,049 words
    • 606 39 I BSfl nT mm. MYANMA USBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf MTOMATWA VISSW In Port HPA AN V2O9W 6/8 Apr MALATSIA AGENTS BOUSTEAO SHIPPING AGENCIES KUL TtL 02 03 *****00 PHI TEL 02 03-*****67 PEN m 02 04 *****02 PGD TEL
      606 words



  • Page 42 Advertisements
    • 574 42 m RICHFIELD MARINE AGENCIES (S) PTE LTD me TEL: *****33 (12 Lines) K FAX: *****15/*****03 B TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E |\S\ ETHMPUN SHPTIN6 LINES J (National Lims of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vmnl Vey ETA Loading For Spore Andinet 38WB 20/04 Mombasa, Djibouti Assab
      574 words
    • 561 42 AFGHANISTAN M&M Afghanistan Ltd., HkJH Hairatan, Torghundi, Islamqala (Doqharun) mwmocmwm c.i.s./russia: A ma Ata, Ashkhabad. Baku. Dushanbe. I iJiist-Mj- 0 Irkutsk. Khabarovsk. Krasnoyarsk. Korsakov. Moscow. MIIHZ6f a MUnCn Novosobirsk. Sochi. Tashkent. Tbilisi. Vladivostok. Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang. Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH
      561 words
    • 418 42 PJUIMN CONTAINER LINES, INC Ag«nt« MAC-NELB SPORE: *****22 (24 LINEB) v—' X 'cm Moc iMwmoooc SIBU (084) *****9 KUCHING (082) *****3 PENANG: (04) *****8 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN
      418 words





  • Page 47 Advertisements
    • 481 47 A HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 |WW PKE PGP VESSaS VOY SI KIM I AMT I LEH I HAM BREj FQ 05/04 ~07/04 Oi/OT H. EXPLORER 316* 10/04 2S/04 30/04 29/04 30/04 30/04 02/05 12/04 14/04 15/04 SEA PROGRESS 316*1 17/04 05/05 12/05 11/05 12/05
      481 words
    • 405 47 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE I mO CARRIER SPECIALIZE IN HEAVY LFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS eta In* wa 221 loaowg foo OCIAN am 11 2/4 BANGKOK V 4 BUST 11 1/4 OMENT 111 t 1/4 3/4 ASM) TRAX3CH 47 S/4 7/4 PALEMBANG 12/4. TANAU
      405 words
    • 717 47 HBJH VESSEL W1 SIN ETA/D LAX OAK CHI MEM/COL HOP WYC NOR I DAL MACKINAC BROGE MA 06/04 /07/04 23/04 25/04 26/04 27/04 21/04 28/04 29/04 27/04 ALLIGATOR TRIUMPH 62A 13/04/14/04 30/04 02/05 03/05 05/05 05/05 06/05 06/05 04/05 GEORGE WASHNGTOW BR 86A 20/04 /21/04 07/05 09/05 10/05 11/05 12/05
      717 words
  • Page 47 Miscellaneous
    • 305 47 TODAY'S TIDES (heigyit 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 2 200 2 300 JR 2.7 2.9 2.8 2.5 2.0 1.4 0.8 0.5 0.4 0.4 0.8 1.4 2.0 2.4 2.5 2.4 2.1
      305 words