The Business Times, 19 April 1995

Microfilm: NL19831
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 SINGAPORE BUSINESS TIMES WEKNOW ASIA MIIA(P) 194/12/94 Wednesday April 19 1995 85*
    12 words
  • 2 am LATEST
    • Article
      Lock icon Dow down 11 points
      51 1 Reuter NEW YORK Blue chip stocks lost ground yesterday. At 1 pm EDT, the Dow Jones industrial average was ofT 11.41 points at 4,183.97. In the broader market, declines led advances by a small margin on trading of more than 19S million shares on the NYSE.
      Reuter  -  51 words
    • Article
      Lock icon Widow awarded US$19m
      55 1 AP UNIONDALE, New York The widow of an executive killed in the 1988 bombing of Pan Am Flight 103 over Lockerbie, Scotland, has been awarded US$l9 million by a federal jury. Faith Pescatore's attorney yesterday said he believed it was the largest airline disaster award ever given
      AP  -  55 words
  • Article
    MARKET SUMMARY
    169 1 Stock market indices Tuesday Change ST1I 2,051.09 -2.64 KLSEComp 964.30 +1.67 Nikkei 16,225.11 -79.04 Hang Seng 8,644.97 -17.02 SET Index 1,177.83 -16.30 Jakarta Comp 414.96 -2.87 Manila Comp 2,477.63 -10.32 Taipei WPI 6,106.56 -5-51 Seoul Comp 917.06 -1.83 Bombay BSE30 .3,427.87 -32.59 CLSA China B 796.44 -1.20 Aust
    169 words
  • Article, Illustration
    Lock icon Significant fall in number of property loans: bankers
    640 1  -  But analysts divided over price trend in first quarter By Abdul Hadhi and Shiv Taneja SINGAPORE In the first sign of a major fall in private residential property demand, bankers have disclosed a significant drop in the number of property loan transactions
    Source: JLW  -  640 words
  • Article, Illustration
    Japan hits out at US inaction as US$ falls to 81.32 yen in Tokyo
    437 1  -  From Anthony Rowley in TOKYO SIGNS of increasing friction began to emerge yesterday between Japan and the United States over who should take responsibility for the collapse of the dollar against the yen as the US
    437 words
  • Article
    Lock icon US economists expect summer rate hike
    297 1 Reuter NEW YORK Most American economists in a Reuter poll expect the next Federal Reserve interest rate increase to come this summer, a marked shift from earlier surveys, when March or May were picked as the most likely time for a Fed move. "The
    Reuter  -  297 words
  • Article
    Lock icon US home-building starts lowest in two years
    316 1 Reuter WASHINGTON Construction starts on new homes and apartments dropped unexpectedly for a third month in a row during March, the Commerce Department said yesterday, falling to the lowest level in two years. The annual rate of starts nn new homes tumbled 7.9
    Reuter  -  316 words
  • Article, Illustration
    Hsien Yang takes over as Telecom president, CEO from May
    221 1 SINGAPORE Brig-Gen Lee Hsien Yang will move up Singapore Telecom's corporate ladder to become the group's president and chief executive from May 1. BG Lee, who joined Telecom last April as executive vice-president for local services, was was promoted to
    221 words
  • Article
    Rivals surface as Hong Leong balks at hospital chain's price
    523 1  -  By Lee Han Shih and Lilian Ang SINGAPORE The sale of the regional Mount Elizabeth Hospital ehain to the Hong Leong group of Singapore has hit a snag and other large eompanies are said to have expressed an interest in
    523 words
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      182 1 ""Ifflfflh"" i jOftngcrs sf£!?New 2 SfcSSSfcJJJUi Regional News 14.6 Financial 2122 World News 9.10 Fcatam Marticts Analysis IS CW./W.SE, StS 26-28 Utoriai 14 Regional 24 Shorts 11 Wort) -25 flf/Weslyle 13 Currencies 22 ftcus 7 S«ne»/Commo .22.23 S«tacriptiM Tel 1800-*****77 Fax *****75 IT Nnmtesk Tel *****18 Fai *****71 8 11
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      10 1 Regional Analysis: pk is Japan and the new regional economy
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      26 1 Hock Lock Siew: p H n Robinson's success formula Rate cut hardly boosts Japan's economy, Pg 6 Bundesbank likely to leave key rates unchanged, Pg 16
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      126 1 Bottom Line: p* 16 Time for new world trade talks^ Indonesia's foreign debt rating upgraded, Pg 16 Rajan Pillai applies afresh for anticipatory bail in Bombay, Pg 16 THE GREAT SEAFOOD THEATRE FEAST 1995 Business Lunch Family Dinner Feast All You Can For Just $25. That's 50 delightful dishes in
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      10 1 Q Tv-A Jgjf^3ki^^^M Telecom forms JV in China, Pg 17
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Bank loans up 18.5% in February
        335 2  -  By Shiv Taneja OVERAL L LOANS and advances by banks to non-bank customers grew to $94.7 billion in February, up 18.5 per cent year-on-year. According to the latest data available from the Monetary Authority of Singapore, loans to professional and private individuals continued to
        Source: MAS  -  335 words
    • Article
      World's 4th largest PC maker to set up shop in Singapore
      441 2  -  By Claire Leow PACKARD BELL of California, the world's fourth largest personal computer company, is coming to Asia. But analysts doubt that it could replicate its success as a strong home PC supplier. The privately-held company plans to locate
      441 words
    • Article, Illustration
      Singapore can be regional agricultural hub, says Yeo
      298 2  -  By Pek Hong Gee SINGAPORE can become a regional hub for the agricultural industry despite being highly industrialised and having little arable land. The Minister for Trade and Industry, Yeo Cheow Tong, said yesterday the key to success in this field was
      298 words
    • Article
      Experts to examine maid's remains today
      343 2  -  By Ven Sreenivasan FORENSIC experts from Singapore and the Philippines will conduct a joint examination today of the remains of Filipino maid Delia Maga. A Foreign Affairs ministry spokesman said yesterday that the team from Singapore includes two pathologists. Prof Chao Tzee Cheng and
      343 words
    • Article
      Vietnam invites NUS delegation for six-day visit
      100 2 THE Vietnam Government Youth Committee (VGYC) has invited an eight-member delegation from the Law Students' International Relations Committee of the National University of Singapore to visit Vietnam from tomorrow until April 25. This visit will be the first youth exchange between Singapore and
      100 words
    • Article
      Singapore CableVision set-tops to allow control over access to programmes
      390 2  -  By Catherine Ong SINGAPORE Cable Vision (SCV) has placed an initial order of 50,000 set-tops made by America's General Instrument group for subscribers of the Republic's first cable television system. The set-top connects the TV set to the wall outlet
      390 words
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      209 2 boss To Host A Business Meeting Near Where Businessmen Meet.,. You'll appreciate the Amara's convenience [i. 1 I Jjl guests can walk to the nearby historic and value in so many ways. Not just because tUPUP area of Tanjong Pagar a showcase of of our downtown location and exclusive AMARA*
      209 words
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      16 2 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY.„ Toadv^l^MJr Appointments or Notices, call toll-free 1-800-741-1883 [Th«Btr«itaTlm^rj
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      180 2 Romulo's sacking will affect investment climate, Pg 3 js* *v 1876 cover from Macao v addressed to Lisbon. X// < Jb Est: HK$BO,OOO "/7 100,000 y Singapore Preview: Auctions: Hyatt Regency Singapore 50 A P ri c- c c a o Contemporary Chinese Oil Paintings Sir Stamford Room Fine Chinese
      180 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Front candidate braves flood waters to fight former judge
      564 3  -  Elections 95 By Leslie Lopez KUALA LUMPUR The NF candidate for Lembah Pantai constituency in the Federal Territory, Shahrizat Abdul Jalil, knows that she is up against a formidable opponent in the person of the former lord president. Small wonder that
      564 words
    • Article
      Mahathir threatens to throw the book at DAP chief
      445 3  -  From Ho Kay Tat in KUALA LUMPUR NATIONAL Front (NF) leaders yesterday continued their verbal onslaught on Democratic Action Party (DAP) leader Lim Kit Siang. Prime Minister Mahathir Mohamad threatened to act against the Opposition leader for allegedly goading the police
      445 words
    • ELECTION SNIPPETS
      • Article
        Lock icon Mahathir's pledge on Labuan
        60 3 Bernama LABUAN The government will strive to make Labuan island, oft' Sabah state, the biggest international ofTshore financial centre in the world. Prime Minister Mahathir Mohamad said here yesterday. He was confident this could be achieved, especially now that Hongkong may no longer be so attractive
        Bernama  -  60 words
      • Article
        Lock icon DAP members set fire to newspaper
        83 3 Bernama PETALING JAYA Twelve members of the opposition Democratic Action Party created a minor traffic commotion in front of the office of The Star newspaper here yesterday when they set fire to copies of the newspaper in protest against what they alleged to be
        Bernama  -  83 words
      • Article
        Lock icon Proposal to expel 10 Urmno members
        58 3 Bernama KUALA LUMPUR The Umno headquarters has identified 10 members who face immediate expulsion for standing as independent candidates in the general election. Umno sec-retary-general Mohamed Rahmat said yesterday that he would recommend to party president Dr Mahathir Mohamad today to expel the 10
        Bernama  -  58 words
      • Article
        Lock icon Kitingan calls Dr M an autocrat
        45 3 AFP KOTA KINABALU Sabah leader Joseph Pairin Kitingan accused Prime Minister Mahathir Mohamad yesterday of being an autocrat. "Mahathir's National Front applies the system of autocracy," Mr Kitingan said as he launched his Parti Bersatu Sabah's manifesto here. AFP
        AFP  -  45 words
    • Article
      Romulo's resignation could hit nation's foreign investment drive
      454 3  -  From Al Labita in MANILA MANILA President Fidel Ramos' sacking of Foreign Secretary Roberto Romulo would affect Manila's drive to lure more foreign investments, a business leader said yesterday. "Prospective foreign investors may now have to wait and see before coming in,"
      454 words
    • Article
      Indonesian producers seeing double after government moves again on cement price
      298 3  -  From Maggie Ford in JAKARTA INDONESIAN cement producers and stock market analysts are unsure what to make of a government announcement of a 10 per cent drop in the retail price of cement. The announcement, on Monday, followed an
      298 words
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      162 3 r f Sk >*35 In the world of communkations systems, we're here to help* In 125 countries worldwide, we are Networks and entire business systems to INTELSAT VII satellite program and the helping to provide advanced communications the smallest mobile phones. And further TAT 12/13 transatlantic fiber optic cable. To
      162 words
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  • CHINA/HONGKONG/TAIWAN
    • Article, Illustration
      Lock icon EU to seek greater access to China market
      404 4 AP BEIJING Echoing themes in Sino-US trade talks, a European Union official yesterday said he planned to seek greater access to China's markets and discuss its admission to the World Trade Organisation. Leon Brittan, vice-president of the European Commission, who arrived here
      AP  -  404 words
    • Article
      Lock icon China's foreign trade up 38% in 1st qtr
      232 4 Knight-Ridder BEIJING China's foreign trade shot up 38.7 per cent to U5554.82 billion (5576.7 billion) in the January-March period. The People's Daily yesterday quoted statistics released by the General Administration of Customs as showing imports rose 16.9 per cent to U5523.87 billion,
      Knight-Ridder  -  232 words
    • Article
      Lock icon Beijing's growth slowed in 1st qtr, but still high
      424 4 Reuter BEIJING China's economicgrowth remained high in the first quarter of 1995 hut is showing signs of cooling, and officials say they hope a clamp on price rises would help to rein in galloping inflation. Gross domestic product rose 11.2 per
      Reuter  -  424 words
    • CHINA WATCH
      • Article
        Lock icon China's foreign reserves at US$58b
        80 4 Reuter BEIJING China's foreign exchange reserves hit a record US$5B billion (5580.62 billion) at the end of March, up by US$6.4 billion from the end of 1994. the State Statistics Bureau said. China's foreign reserves soared 140 per cent in 1994 to a record US$5l.6
        Reuter  -  80 words
      • Article
        Lock icon Property activity sluggish in HK
        70 4 Knight-Ridder HONGKONG Property activity here remained sluggish in March with the value of property sale and purchase agreements down 62 per cent to HKS2O.4 billion (553.67 billion) from the same month a year ago, the government said in a statement yesterday. The value of the
        Knight-Ridder  -  70 words
      • Article
        Lock icon HK property group lowers rent
        101 4 Bloomberg Business News HONGKONG Sun Hung Kai Properties, one of the largest property companies in Hongkong, has reduced rents on 10 units in its Pacific View apartment complex 28 per cent from last month, the Hongkong Economic Times reported. The luxury apartments, located in the
        Bloomberg Business News  -  101 words
      • Article
        Lock icon Poor management haunts China firms
        77 4 Knight-Ridder HONGKONG Poor management continues to be a problem with Chinese state firms, and the central government wants these companies to take more responsibility for their debts, the official Xinhua News Agency reported late on Monday. ViceFinance Minister Zhang Youcai said some firms have misused
        Knight-Ridder  -  77 words
    • Article
      Lock icon Chinese to vary power prices to ease peak time shortage
      266 4 Reuter BEIJING China will introduce a new system to vary electricity prices during peak and low times of the day to try to ease its increasingly acute power shortage. Xinhua news agency yesterday quoted Shi Dazhen, minister of the power
      Reuter  -  266 words
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      98 4 -r >. f *v.\. i"" 1- .<?• > f-.-. I' '€**;*fW r >P&:Z7 1 T t <, ftl *lw r > t it ■Wp*^F s. Ibf f.< Sfc* f "ji r*M- ~?-'4 i SHHKi# ifflßr 1 iff" tv 4«»»®8, P i. v I mu. j| dH X V i&A-%:..:■ W.
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      Page 4 Advertisements Column 2
      84 4 CHALLENGER" j Multimedia Convention Centre MEETING FACILITIES 320 Seats Jupiter Room 256 sqm 75 Seats Mars Room 90 sqm 50 Seats Venus Room 55 sqm Private Meeting Room, Business Centre, Computer Training Room Food Beverage Services EQUIPMENT AVAILABLE Multimedia Presentation Tool Q Videoconferencing piHHHHHE Electronic Message Sign Board PC Printers
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      78 5 At 4 she n<|ticed things others didn't, i- 1 I ~10"'M askinq attentions, Jl9 she was M..m :Wmk* J a „S»VI M 11 "*i• I *V A Br -Iu l( f* ts» J»« >T -W#' ilßiV.l -W j l I i v g 'Ate? known as No wonder \flLl *M
      78 words
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  • ASIA
    • Article
      India suggests 3-way link with S'pore, Iran
      357 6  -  Tie-up aimed at opening new trade route to Central Asia From K P Nayar in NEW DELHI INDIA took a bold new initiative on Monday to augment economic relations with Singapore by proposing trilateral cooperation with Iran in opening up a new trade
      357 words
    • Article, Illustration
      Lock icon Drugs worth US$256m go up in smoke
      60 6 Reuter ORMARA, Pakistan A Frontier Corps official setting fire to a 40-tonne pyre of hashish in Ortnara, 256 kilometres from Karachi, yesterday. The seizure, estimated to be worth US$256 million (*****.8 million) on the streets of New York, was made by Anti-Narcotics Task
      Reuter  -  60 words
    • Article
      Lock icon N Korea to open economic area in May to foreigners
      263 6 Reuter SEOUL A South Korean businessman yesterday said North Korea would be ready next month to open an economic area to foreigners, isolated from the rest of the Stalinist state by miles of barbed wire. Noh Jung Ho, president of
      Reuter  -  263 words
    • Article
      Lock icon India wants foreign firms to speed up approved projects
      375 6 Reuter NEW DELHI The top official in India's Commerce Ministry says he is displeased with the sluggish execution of foreign investment projects and wants them speeded up to help boost growth. "I'm very unhappy about the actual flows of foreign investment,"
      Reuter  -  375 words
    • Article
      Lock icon Rate cut hardly boosts Japan's economy, say economists
      286 6 Reuter TOKYO Japan's economy will get only a scant boost from last Friday's discount rate cut and government package of emergency economic measures designed to counter the high yen. Economists yesterday said the package, containing steps to prompt imports and speed up
      Reuter  -  286 words
    • Article
      NZ agency offers student screening service
      377 6  -  From Mike Simms in AUCKLAND A NEW ZEALAND government agency set up to help disadvantaged schoolchildren is selling its services to feepaying Asian students to close a funding gap. The Special Education Service has sent a representative to Singapore and Malaysia, offering a pre-screening
      377 words
    • ASIA NOTES
      • Article
        Lock icon Japan's sarin ban
        101 6 AFP TOKYO The Japanese cabinet yesterday adopted a Bill which would ban the production, import or possession of sarin, the nerve gas used in last month's Tokyo subway attack. The Bill is likely to be passed by parliament today as both the ruling and opposition parties have
        AFP  -  101 words
      • Article
        Lock icon Fishy hygiene standards
        95 6 Knight-Ridder TOKYO Japan's Health and Welfare Minister Shoichi Ide said yesterday that there was some truth in an European Commission report criticising Japanese authorities for failing to make adequate hygiene checks of seafood processing plants. Kyodo News Service quoted Mr Ide as saying affcr a cabinet meeting
        Knight-Ridder  -  95 words
      • Article
        Lock icon Draft of anti-war resolution delayed
        77 6 AFP TOKYO Japan's ruling parties have agreed to postpone the planned drafting of a parliamentary anti-war resolution until after a visit by Prime Minister Tomiichi Murayama to China in May. A spokesman for the premier's Social Democratic Party yesterday said Mr Murayama, who is seeking
        AFP  -  77 words
      • Article
        Lock icon Seoul's trade imbalance widens
        63 6 AFP SLOUL With thriving exports outstripped by imports. South Korea's trade imbalance deepened to U554.32 billion (Ss6 billion) in the first quarter ending in March. The Ministry of International Trade and Industry yesterday said the first-quarter deficit was US$l.65 billion up from the same period last
        AFP  -  63 words
      • Article
        Lock icon Telstra to bid for Indian phone jobs
        82 6 Bloomberg Business News SYDNEY Telstra Ltd, Australia's government-owned telecom/ munications company, will bid with two Indian partners on three telephone contracts in India valued at up to A 52.4 billion (552.47 billion). The Australian Financial Review- yesterday said if it won the contracts,
        Bloomberg Business News  -  82 words
  • Page 6 Advertisements
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      303 6 fl Weeks Stay Z SPECIALS No Utility Bills No Down-payment No Hassle jp $128 Deluxe Room Rate for single room only. add $20 for twin room f HiHI 1 i Minimum stay of 14 Iflfl||Ul|jj consecutive room nights jnK5 Business District. Walking distance to financial government /trading offices SiK« U&jktfj
      303 words
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      21 6 1 f STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. BSnessTimes
      21 words
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  • FOCUS
    • Article, Illustration
      Lock icon Scorching pace of globalisation
      826 7  -  The World Bank report Reports by Leon Hadar in WASHINGTON INDUSTRIAL countries are firmly in recovery, and developing countries are poised for sustained economic growth over the next decade. But the most significant feature of the world economy is the increasing pace of globalisation, according to
      Source: World Bank; Photo by Arthur Lee  -  826 words
    • Article
      How two regions manage inflows
      610 7 WASHINGTON The recent surge in private capital inflows has been concentrated in East Asia and Latin America, but there are several differences between the two regions in the composition and management of the flows, according to a World Bank report. After the Mexico crisis, these
      610 words
    • Article
      Developing nations behind most independent moves to free markets
      262 7 WASHINGTON In the seven years since the launching of the Uruguay Round in 1986, developing countries were responsible for 58 of the 72 independent liberalisation actions reported to Gatt, according to the World Bank report. "Indeed, the gains to industrial countries
      262 words
    • Article
      Services sector offers opportunities to go global
      265 7 WASHINGTON The services sector is playing an increasingly important role in the globalisation revolution, the World Bank report says. The report notes that in both trade and foreign direct investment (FDI), services are becoming the fastest-growing component. Annual growth in trade and commercial
      265 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      63 7 Box Hill Cash Box Federation Street, Box Hill, Victoria, Australia. Strong cashflow operation Estimated remaining landfill life is 9 years. QpMHT3KtAR£| Exceptional Future residential redevelopment potential (S.T.C.A). IUMMMHI Site area 7ha (17.3 acres) approx 400 m* from Box Hill District Centre For Sale by Public Tender closing Thursday May 11,1995
      63 words
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      Page 7 Advertisements Column 2
      153 7 M Exquisite handicraft, paintings and Noh masks greet the eyes as you enter the Asuka (pronounced Ask-ka) Japanese Restaurant Tastefully furnished to resemble a gallery, this is one place where a rewarding experience is shared between the eyes and the palate. A menu of tongue-tingling pleasure awaits you. offering scrumptious
      153 words
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      357 8 Imagine sitting in your office and having to wait three hours to get a call through to your manufacturing plant. 7 /-^V^opL IJ v T 1 t Hr i ft I "w'A v I ijy~"" !?g I B r 1 •y#.#*JJ<' 4^l *»i} »k I ■> hdjiSZS^^ Because of inadequate
      357 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Clinton overhauls rules on government secrecy
      419 9 NYT WASHINGTON President Bill Clinton signed an executive order on Monday overhauling government secrecy rules and requiring, with certain exceptions, that even the most highly classified documents be made public after 25 years. The directive, issued after two years of debate within the administration,
      NYT; Reuter  -  419 words
    • Article
      Lock icon White House firm over surgeon-general choice
      316 9 aAP WASHINGTON The Clinton administration on Monday said it would "go to the wall" to win the nomination of Dr Henry Foster for surgeon-gen-eral despite a threat by Senate majority leader Bob Dole to doom it by blocking a vote on the floor of
      aAP  -  316 words
    • Article
      Lock icon Survey of 'elite' says Tories handling economy correctly
      223 9 Knight-Ridder LONDON The views of British "opinion leaders" have staged a dramatic turnaround and a majority now believe the ruling Conservative Party is handling the economy as it should. According to a survey of "opinion-formers" in the Independent newspaper yesterday. 66 per
      Knight-Ridder  -  223 words
    • Article
      Lock icon Clinton signs finance package to rescue debt-hit Washington DC
      151 9 AFP WASHINGTON US President Bill Clinton has signed a bill imposing strict new spending controls on debt-laden Washington DC to prevent it toppling into bankruptcy with a US$722 million (SSI.OI billion) deficit. Mr Clinton said at a White House ceremony on
      AFP  -  151 words
    • Article
      Lock icon Stronger mark helps Germany cut import costs
      150 9 Bloomberg Business News FRANKFURT The stronger deutschemark helped cut the cost of oil and raw materials in Germany last month even though their prices rose in dollar terms, the Bundesbank said. In its regular monthly report. the German central bank said. "In the
      Bloomberg Business News  -  150 words
    • Article
      Lock icon Economists see US Feb trade deficit narrowing to US$10b
      422 10 Knight-Ridder NEW YORK The US adjusted trade deficit was likely to have narrowed to US$lO billion (Ssl4 billion) in February, from a record U5512.22 billion deficit in January, according to economists surveyed. But the economists expect that while the overall gap
      Knight-Ridder  -  422 words
    • Article
      Lock icon Fractured France seen seeking strong leader
      321 10 Reuter PARIS France, which votes on Sunday in the first round of a presidential election, is a fractured, fragile society in search of a strong leader. Conservative mayor of Paris Jacques Chirac is likely to win, not because voters think he can solve their
      Reuter  -  321 words
    • Article, Illustration
      Lock icon Is this the info superhighway?
      80 10 Business Wire SAN ESTEBAN, Belize Adventurer and cyclist Dan Buettner and his MayaQuest team pedalling through the jungle near San Esteban during a three-month trip across Mexico and Central America, all in the name of education. They use a laptop computer and communicate via satellite
      Business Wire  -  80 words
    • Article
      Lock icon Balladur: We may need to look at Gatt again
      147 10 Reuter PARIS The Gatt world trade accord may need to be discussed again if sharp currency swings continue to disrupt international commerce, French Prime Minister Edouard Balladur said yesterday. In an interview with afternoon daily Le Monde, Mr Balladur said that
      Reuter  -  147 words
    • Article
      Lock icon US officials put more pressure on Japan to open car market
      272 10 Reuter WASHINGTON Clinton administration officials turned up the heat on Japan on Monday to open its car and parts markets to more foreign imports as hopes of a breakthrough that could avert an all-out trade war faded. "At this
      Reuter  -  272 words
    • Article
      Lock icon EU to probe £450m grants to UK utility companies
      211 10 FT LONDON The European Commission is investigating the payment of grants of nearly £450 million (SSI billion) to UK companies amid Labour claims that the money was used to enhance the financial position of state utilities ahead of privatisation. Opposition Labour
      FT  -  211 words
    • WORLD WATCH
      • Article
        Lock icon UK tax accounting in line with EU laws
        106 10 Reuter LONDON Britain's tax authority, the Inland Revenue, said yesterday that the current accounting system for advance corporation tax on dividends paid by UK subsidiaries of foreign companies was in accordance with European law and treaties. The IR made the statement in
        Reuter  -  106 words
      • Article
        Lock icon Call for open German telecoms market
        63 10 Bloomberg Business News COLOGNE German industry leaders called on the government to deregulate the country's communications infrastructure. In a report by the Federation of German Industry, in conjunction with telecommunications industry representatives, the country's industrial leaders said that the high cost of accessing telecommunications
        Bloomberg Business News  -  63 words
      • Article
        Lock icon British trade mission to Syria
        71 10 AFP LONDON Britain will next week send its first official trade delegation to Syria in 10 years, a government statement said yesterday. The mission from April 24 to 27 will be led by Minister for Construction and Planning Lord Ullswater and include a delegation of
        AFP  -  71 words
      • Article
        Lock icon Russian GDP down 5% in 1st quarter
        73 10 Reuter MOSCOW Russian gross domestic product fell 5 per cent in the first quarter of 1995 to 279 trillion roubles (Ss77 billion). The State Statistics Committee said yesterday the fall was much less steep than in the first three months of 1994, when
        Reuter  -  73 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      226 9 City Cross Shopping Centre and Portfolio Rundle Mall, Adelaide, Ifi Prime location with *Four separate properties: broad frontage to Rundle City Cross Shopping Centre, yif Mall opposite Myer Centre Hiltons Rundle Mall, 8c David Jones 32 Grenfell Street and Jacqueline Eve, Cue, I Major CBD Esprit, and OPSM landmark site
      226 words
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      351 10 to see his path in life and listen to him on The Family Constituency Visits Election Rallies National Day H|f^M^^MM^MPH|H|||HMHHNpM||^^MHH||^HJH Rallies Overseas Visits Interview with Lee Kuan Yew Lee Kuan Yew's family tree, chronol- WT ogy, titles, honorary degrees, cabi- W ft M nets, election results, development I t 4
      351 words
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  • SPORTS
    • Article, Illustration
      Lock icon NZ, US women's crew triumph
      739 11 America's Cup AFP SAN DIEGO. California The prospect of Australia's John Bertrand and the US' Dennis Conner reprising their 1983 America's Cup showdown diminished sharply on Monday. More likely, they'll be a couple of has-beens by the end of the week. In winds of 10
      AFP; Reuter  -  739 words
    • Article
      Lock icon Sponsors go overboard for cost-a-lot yacht set
      449 11 Reuter SAN DIEGO, California Some of the names of the America's Cup sponsors splashed all over this town add a new twist to that old saying: "If you have to ask the price, you can't afford it". In this case, if you have
      Reuter  -  449 words
    • Article, Illustration
      Lock icon Walking on air
      67 11 Reuter ADELAIDE Jockey Roy Kvisla looks like he's got fed up with riding and opted for moon-wajking in this spectacular photo at a race meeting here on Monday. The jockey, who was visiting from Sweden, parted company with his six-year-old mount VValdorlier when it tripped after jumping
      Reuter  -  67 words
    • Article
      Lock icon Jordan starts a craze for No 45
      291 11 AFP CHICAGO, Illinois Michael Jordan has spawned a worldwide buying frenzy, all because he switched jersey numbers from 23 to 45 in his comeback with the National Basketball Association's Chicago Bulls. Supply cannot match global desire for jerseys bearing Jordan's new number. Even
      AFP  -  291 words
    • SIDE LINES
      • Article
        Lock icon Laura Davies breaks own world record
        80 11 AFP PHILADELPHIA. Pennsylvania British LPGA star Laura Davies broke her own world mark for the longest drive by a woman, bashing a golf ball 376 yards at an airport here on Monday. Davies broke the mark of 341 yards she set in Hawaii five
        AFP  -  80 words
      • Article
        Lock icon Ndeti in Boston Marathon hattrick
        131 11 AFP BOSTON, Massachusetts Kenya's Cosmas Ndeti won his third straight Boston Marathon on Monday, then vowed to take an unprecedented fourth straight title here next year in the centennial event. Ndeti joined US runners Bill Rodgers and Clarence DeMar as the only men to capture
        AFP  -  131 words
      • Article
        Lock icon Walton bags Catalan Open cup
        134 11 AP GERONA. Spain Ireland's Philip Walton came from one stroke behind England's Howard Clark to fire a 4-under-par 68 and win the US$4BO,OOO (*****.000) Catalan Open on Monday. Walton, who carded one birdie on the front nine and four on the back nine, notched up
        AP  -  134 words
      • Article
        Lock icon Skelton wins Volvo showjump final
        149 11 AFP GOTHENBURG Nick Skelton of Great Britain won the Volvo World Cup showjumping competition here on Monday with a total of seven penalties, to beat German Lars Nieberg who had nine. The 38-year old Briton was a surprise winner of the weekend competition he has
        AFP  -  149 words
    • Article, Illustration
      Lock icon Els finds PGA life tougher after US Open
      511 11 Golf AP AFP NEW YORK Ernie Els was ready to take the United States by storm. He was young, gifted and rieh. anointed after his US Open ehampionship as the next great golfer. His new world to conquer was the PGA lour.
      AP; AFP  -  511 words
    • SCORE CARD
      • Article, Illustration
        Basketball
        34 11 NEW YORK NBA Monday Boston 98 New Jersev Miami 93 Chicago 98; NY 93 Milwaukee 99; Orlando 111 Washington 100; Philadelphia 90 Charlotte 101; Houston 121 LA Clippers 111; Seattle 93 Portland 97.
        34 words
      • Article, Illustration
        Cricket
        27 11 BASSETERRE, St kins Australia and a West Indies Board XI drew their three-day match on Monday. Scores: West Indies Board XI 261 and 253-6; Australia 317.
        27 words
      • Article, Illustration
        Golf
        196 11 GIRONA, Spain Catalonia Open final round Monda> (GB unless stated): 281 Philip Walton (la*) 68 74 71 68 284 Andrew Coltart 72 74 68 70 285 Howard Clark 70 70 72 73 288 Mark Davis 71 72 74 71. GIRONA leading European R>der Cup standings (top 10 in final
        196 words
      • Article, Illustration
        Rugby
        24 11 KOI URL A. New Zealand 3rd lour Match yesterdav Canada beat North Island XV 40-35. Next match: Test v New Zealand on Saturday.
        24 words
      • Article, Illustration
        Yachting
        56 11 SAN DIKGU America's Cup final races held on Monday Challenger Series (each tictory is worth one point): Team New Zealand beat oncAustralia team by 3 mins 54 sec. Team New Zealand now leads best-of-nine series bv 4-1. Defender America 3 b Stars Stripes by 0:41 Standings: 1 equal Young
        56 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      347 11 INFHIine An SPH AudioTex Service ENGLISH NUMBER Children's Funland Top of The World 910 0001 Usborne Book Line Quiz On The Open Ocean 910 0002 Horse Racing Results 911-0001(*) 4D/Sweep/TotO Toto Draw No 964 911 0002(*) Tele-Games Crack The Safe A Mrs Wizards's 911 0003 Crystal Ball 9 Mensa Line
      347 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      338 12 MsSO This BUD's For You." two TH€ MOST ftUTH€NTK ITRUfIN PfiSTR 6. PIZZA IN TOWN —i— F5 All Pasfa Lovers! ALL-TIME ITALIAN FAVOURITES... ...NEARER TO THE EASTitK PASTA FRESCA DA SAIVATORE PTE LTD JCEt&f 30 loaf Quay $(0104) (OfQI 24 HOUC) U; *****53 *****10 jgflMr «133 bytMi Mdl Itai4 M
      338 words
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      Page 12 Advertisements Column 2
      261 12 8 EXOTIC CUISINES FOR JUST ONE PRICE. Gafe $16.80 for lunch. Or $19.80 for dinner. To fytWUSu m J4 hour iof/e* burnt* get a seat, we advise you to call 737 2911 fcvAßo^ Ext 2868 early for a reservation. Moodum Boukv.d Prices subject to tO% service charge. 1% cess 4
      261 words
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      Page 12 Advertisements Column 3
      390 12 WHERE TO WINE, DINE AND ENTERTAIN I LUNCH OR DINNER, I I FEAST ALL YOU I sC A,N I g 3 jfe That's over >0 delightful dishes in all! Ijk Featuring the best talked about w seafood and Cantonese cuisine. M All you can eat. Complimentary platter fjg of Peking
      390 words
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      Page 12 Advertisements Column 4
      336 12 rajj~= fancy 'Beijing? Then, we're deLighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian %in "Beijing dumplings, a selection f^E/V of set menus, and "Beijing specialities Ej|||£j! such as "Beijing "Duct, Tench and "Marinated Lamb. Jancy some nowf RE«TaVra!\T 111
      336 words
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  • LIFESTYLE
    • Article, Illustration
      A man of many surprises
      808 13  -  Singapore International Film Festival Taiwanese director Stan Lai tells Susan Tsang of his perceptions about the oft-discussed East-West cultural gulf Susan Tsang STAN LAl's The Red Lotus Society, which opened the Singapore International Film Festival last Thursday, has been described as "the perfect festival film
      808 words
    • Article, Illustration
      Lock icon Cheyenne Brando hangs herself
      49 13 Reuter PAPEETE, Tahiti Actor Marlon Brando's daughter Cheyenne (above) hanged herself in her home in Tahiti on Sunday, her family said on Monday. Relatives said that she had been depressed since the murder of her boyfriend by her half-brother, Christian, nearly five years ago. Keuter
      Reuter  -  49 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      261 13 WHERE TO WINE, DINE AND ENTERTAIN KARAOKE: It's Performance Time Join the business crowd in the Shima Maru Karaoke and F\jb for a light hearted jug of beer for only $15.00 For aspiring singers to be. indulge in the v*4de selection of songs ranging from English, Mandarin, Cantonese and Japanese
      261 words
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      Page 13 Advertisements Column 2
      50 13 /3e/ s Oo LUNCH S Anfl U'tter tin hi t(h' vmuirvi c'(mice ;g SPICR GARDEN, fust lore!) for our Sicbuau and Hmuui cuisines, at Le Meridien Hotel. Jjj Non', iritl) tf;is saiwir io*> on all a In carte dishes. Let's do lunch today! jjjj j a A member ol A
      50 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1013 13 TV RADIO kaH Secrets Of The CicMids, 9.30pm, s Ch 12 *lX tion of the Allied invasion of R o<*rt Mitchum is among the star-studded east in the 1962 Normandy does the job. war e P' c Longest Day, 10pm. IV 2 Chamfll 12 12 00 MN Rescu 30 Curt-Curt.
      1,013 words
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  • Article
    The politics of proliferation
    527 14 EDITORIAL WHEN George Bush and Mikhail Gorbachev announced an end to the Cold War aboard a dramatically unstable US naval vessel ofT Malta in 1989, they inaugurated an era of global optimism which had been unthinkable for nearly 50 years. In the space of an afternoon
    527 words
  • WHAT THE OTHERS SAY
    • Article
      In-laws and in harmony
      410 14 DESPITE what is depicted by Western comic strip characters like Andy Capp or Brutus Thornapple, in-law battles are not as widespread as perceived generally. This is true at least in Singapore, if the number of calls received by hotlines set up for people to talk about
      410 words
    • Article
      Promoting younger leaders
      161 14 YOUNGER LEADERS, like Lim Hng Kiang, Teo Chee Hean and Abdullah Tarmugi, have been singled out by Prime Minister Goh Chok Tong last year as having the ability to make it to full ministers. But as Mr Goh put it, they must be tested and stretched first,
      161 words
    • Article
      Getting senior citizens to work
      109 14 EMPLOYERS should not view senior citizens as a source of cheap labour. With more senior citizens yearning to secure a job to remain self-reliant, measures should be taken to prevent covert acts of exploitation. At the same time, employers should, depending on the nature of
      109 words
    • Article
      Apec currency fund proposal
      201 14 SINCE January, the financial markets in East Asia have witnessed unprecedented turmoil. The US dollar, the main international trading currency, has dipped to a record post-war low against the Japanese yen and the German mark. Fears of general economic instability have not subsided. Thus, when the
      201 words
    • Article
      Voters' duty in a democracy
      186 14 THE electoral process is about choice, the freedom and the responsibilities that goes with it to choose a government which meets with the hopes and aspirations of the people. It is about political parties, personalities and track records. And the duty to vote. But, going
      186 words
    • Article
      Be prepared for criticism
      213 14 PRESIDENT Suharto is well-known for his composure. wisdom, and self-restraint. Seldom is he known to engage himself in an emotional outburst. Thus, it came as a surprise when, last Thursday, on his return from a state visit to Germany and several Central Asian countries. he lashed
      213 words
  • Article, Illustration
    European barriers still a major stumbling block
    1028 14  -  Are criticisms of Europe protectionism valid? Salil Sarkar reports Salil Sarkar The writer is a Paris-based journalist who contributes to BT AT the height of negotiations over the Uruguay Round of world trade talks, Europe invariably came to be painted as the bastion
    1,028 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      373 14 SINGAPORE MAY 2-5 1995 a all plastics and rubber Rm%M SETTING THE MCE Wj&yjtijM INTO FUTURE Pf£Pi| I The event INTERPLASDCA ASEAN 95 Time to meet worldwide leading manu|Mf acturers 8 dynamically expanding W$&S Come to Singapore in May perfect time to develop your 4 basis for business in the
      373 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      34 14 .1 udCONTROU>SL£. PK FR£.DGRIC< J. FuOG£ TSJSf* BUL T ND£RGf KaBTSiFiSi -Tv4»S IS VOUR BHD FN BRUTRL L-IF6. 1 JT\ cwep r& SO4OOL »wv«HMgo, im mi <>4a Doonesbury has been delayed in the mail
      34 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      New breed of companies to gain from closer ties
      1425 15  -  Japan and the new regional economy Special to BT KEN IJIMA KEN IJIMA The writer is deputy president of the Tokyo-based Sakura Institute of Research WITH THE approach of the new century-, publishers are promoting books featuring future business scenarios for
      1,425 words
    • Article, Illustration
      Battle lines drawn in electoral fight
      841 15  -  M ASIAN e£l VIEW By Yang Razali Kassim The hustings in Malaysia are in full swing, with the battle lines drawn in key states where fights are going to be tough. For Prime Minister Mahathir Mohamad's ruling National Front, winning is not the issue;
      841 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      272 15 «aai IN-DEPTH VSi BUSINESS IjjHNEWS FROM SINGAPORE PERSPECTIVE I or over two decades Singapore I Business has covered the local and regional business scenes with more depth J Mr /Mrs/Miss/Ms occupatwn and breadth from a perspective which is company: more relevant to local businessmen than De P t: A 9
      272 words
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      Page 15 Advertisements Column 2
      79 15 FOR SALE BY PUBLIC TENDER INVESTMENT 55 Fiemington Road North Melbourne Current income $400,000 p.a. (approx) Total building area 5076m2 (approx) 5 Shops including 7-Eleven Unique opportunity for potential growth possibly 3 Upper levels of office space incorporating rooftop apartments (STCA) 61 car spaces Prime location opposite Royal Melbourne Hospital,
      79 words
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  • Article
    Agency upgrades Indonesia's foreign debt rating
    383 16  -  From Maggie Ford in JAKARTA INDONESIA'S long-term foreign debt rating has been upgraded by the international rating agency Standard and Poor's in a report which praises Jakarta's economic management and plays down the effect of the yen's rise on its foreign debt. S&P's new
    383 words
  • Article
    Tokyo won't ride out setting numerical targets
    233 16 TOKYO Japanese Finance Minister Masayoshi Takemura said he would not rule out the possibility of setting up a numerical target for reduction in the country's trade surplus if the ruling coalition parties continue to ask the government to do so. Mr Takemura had
    233 words
  • Article
    Lock icon Disagreements aplenty at talks on nuclear treaty
    522 16 Non-aligned nations, West differ over extension period AFP UNITED NATIONS Nonaligned and Western nations differed over how long to extend the Nuclear Non-Proiifer-ation Treaty at the NPT conference here this week as China and the United States squabbled over the sale of nuclear
    AFP  -  522 words
  • Article
    Lock icon Bundesbank likely to leave key rates unchanged: economists
    428 16 Reuter FRANKFURT The Bundesbank is likely to leave key rates unchanged at its council meeting tomorrow, despite the mark's latest appreciation against the dollar. The German central bank cut its discount rate, the floor to rates, to 4 from 4.5 per cent
    Reuter  -  428 words
  • Article
    Pillai applies afresh for anticipatory bail in Bombay
    273 16  -  From K P Nayar in NEW DELHI FUGITIVE "biscuit king" Kajan Pillai made a fresh application to the Bombay High Court yesterday for anticipatory bail, following the failure of a similar petition in a lower court last Saturday. His move ended three
    273 words
  • Article, Illustration
    Lock icon Dressed to drill
    44 16 Reuter EEIJING Paramilitary police making sure their top pockets are buttoned during a dress drill near their Beijing barracks yesterday. The paramilitary police are used to guard embassies, government and Communist Party offices in the capital and other Chinese cities. Reuter
    Reuter  -  44 words
  • Article
    Lock icon Japan to lend Vietnam 58b yen to back economic reforms
    283 16 AP TOKYO Japan yesterday agreed to lend Vietnam 58 billion yen (***** million) and Prime Minister Tomiiehi Murayama promised an additional three billion yen grant to support that nation's reforms. In a meeting with Do Muoi. general secretary of Vietnam's
    AP  -  283 words
  • Article, Illustration
    Time for US to start new round of world trade talks
    643 16  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, where this commentary first appeared AS trade fatigue sets in and America looks inward, nobody seems to be expecting major trade initiatives
    643 words
  • Article
    Lock icon Economic success of Asia-Pac spawning social problems: UN
    439 16 Reuter BANGKOK A senior United Nations official yesterday said the dynamic economics of the Asia-Pacific region faced equally fast-growing social problems, many of them spinoffs of their success. "I think we all know that the region has earned a reputation as the
    Reuter  -  439 words
  • Article
    Lock icon Rao faces new challenge in demand for sacking of corrupt ministers
    332 16 AFP NEW DK.LHI Indian Prime Minister PV Narasimha Rao. saddled with humiliating defeats in state polls, faces a new challenge with five senior leaders demanding the sacking of corrupt federal ministers. The Statesman daily yesterday said that at least
    AFP  -  332 words
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  • COMPANIES & MARKETS
    • Article
      Telecom forms JV to build first paging network in China
      341 17  -  By Genevieve Cua SINGAPORE Singapore Telecom has formed a joint venture in China to install the country's first nationwide paging network, making it one of the first foreign companies to invest in China's telecommunications infrastructure. Hongkong Telecom had earlier said
      341 words
    • Article
      Shareholder of RDC sells entire 5.4% stake for $8.4m
      229 17 SINGAPORE A substantial shareholder of Resources Development Corporation, Kah Fuh Retail Pte Ltd, yesterday sold its 5.42 per cent stake for 58.42 million. The sale of 1.35 million RDC shares through a married deal fetched the subsidiary of property-based Teng Fuh
      229 words
    • Article, Illustration
      Comfort buys 10% stake in data communication firm
      341 17  -  By Ramesh Divyanathan SINGAPORE Comfort Group Ltd yesterday bought a 10 per cent stake in data communication company ST Mobile Data Pte Ltd for $944,702. The transportation company, which operates Singapore's largest taxi fleet, also struck a deal with ST Mobile Data
      341 words
    • Article, Illustration
      Lock icon Robinsons a lesson in retail success
      866 17  -  HOCK LOCK SIEW By Jenny Lam SINGAPORE Retailers labouring under the yoke of the current retail crunch must wish they are in Robinson Co's shoes. Indeed, Robinsons is not only doing well but is expanding at a time when most retailers here are struggling.
      Source: Robinson's annual reports  -  866 words
    • Article
      OCBC Asset Mgt launches EIS unit trust, relaunches BIS fund
      277 17  -  By Soh Tiang Keng SINGAPORE OCBC Asset Management launched a new unit trust that aims for medi-um-to-long-term capital growth under the CPF Enhanced Investment Scheme (EIS). Known as Savers Enhanced Trust Fund, it will initially invest in companies listed on
      277 words
    • Article
      Lock icon M'sian police recover 60% of missing Baring scrip
      172 17 Bernama PETALING JAYA Police have recovered about 60 per cent of total share scrip worth Mss million (SS2.B million) belonging to Baring Securities (S) Pte Ltd which went missing on March 20. Petaling Jaya OCPD ACP Johar Che Din yesterday said the
      Bernama  -  172 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        50 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. Credit Lyonnais Securities. Daiwa, Fraser, GK Goh, Kay Hian, Morgan Grenfell, Ong Co. Nomura. Phillip, Smith Afew Court. WI Carr and SG Warburg.
        50 words
      • Article, Illustration
        HOT STOCK
        114 17  -  By Paul Leo SINGAPORE Technologies Industrial Corporation is a long-term buy but timing the purchase can be tricky. While yesterday's close is just one cent above support at $1.70. other technical indicators do not rule out further price weakness before a rally takes place. A break below $1.70
        114 words
    • COMPANIES
      • Article
        San Miguel will buy brands to maintain top slot, says chief
        372 18  -  Acquisitions will sharpen competitive edge, shareholders told From Al Labita in MANILA MANILA San Miguei Corp would pursue a vigorous acquisition programme to maintain its position as Asean's largest food and beverage conglomerate, its chairman said yesterday. Andres Soriano
        372 words
      • Article
        Orders delayed by worries on move: Omni Mold
        186 18 SINGAPORE Omni Mold has told the Stock Exchange of Singapore that delays in orders which resulted in the lower-than-forecast sales were due partly to a belief among customers that its production would be disrupted by a move. The company said that because
        186 words
      • Article
        Untitled
        2471 18 Mwews'prices Apr 19 US Gr Fund 0 98 102" Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.57 1.66 t nifund 1.34 1.40 The Savings Fund 1.41 1.49 Unibond 1030 1.055 S'pore Prog Fund 0.57 0.61 United Gr Fund 1.54 160 S'porc See Fund 0.93 0.99 United Asia Fund
        2,471 words
      • Article, Illustration
        Lock icon KL Appeal Court upholds M$8m award to Vincent Tan
        458 18 Bernama KUALA LUMPUR Freelance journalist M G G Pillai and three others lost their appeals yesterday against a High Court decision ordering them to pay a total of MSB million (554.5 million) to Berjaya Group Bhd chairman and chief executive Vincent
        Bernama  -  458 words
      • COMPANY BRIEFS
        • Article
          Nippecraft buys 20% of Aussie firm
          92 18 SINGAPORE Dcbden Associates Australia Pty Ltd. a whollyowned subsidiary of Nippecraft Ltd. has acquired 3,500 ordinary shares in Albox Australia Pty Ltd, for A 5250,000 (*****.000). This represents 20 per cent of the share capital of Albox, an Adelaide-based company which makes archival storage
          92 words
        • Article
          Oakwell forms joint venture
          73 18 SINGAPORE Oakwell Engineering has agreed to form a joint venture with Datalogger Inc. Called Datalogger-Oakwell International Pte Ltd, the joint venture will have authorised capital of $200,000. Oakwell Engineering also said yesterday that it had maintained its 51 per cent stake in subsidiary Spheretech Engineering Sdn
          73 words
        • Article
          NatSteel raises stake in Southern Steel
          34 18 SINGAPORE Nat Steel Ltd has acquired an additional 695,000 shares in its Malaysian associate. Southern Steel Bhd. Its stake in the associate is now about 22 per cent.
          34 words
        • Article
          Electronic Resources' bonus gets nod
          31 18 SINGAPORE The Stock Exchange of Singapore has granted in-principle approval for Electronic Resources Ltd's I-for-1 bonus issue of 66 million new shares of 10 cents each.
          31 words
        • Article
          Lock icon MWE sells Lityan shares for M$15m
          66 18 Bernama KUALA LUMPUR MWE Holdings Bhd yesterday said it would sell 2.06 million Lityan Holdings Bhd shares to an individual. Rahmat Harun. for MS 14.83 million (558.27 million). It said the sale would result in an extraordinary gain of M 57.82 million. The sale
          Bernama  -  66 words
        • Article
          Lock icon AMD in property development venture
          100 18 Bernama KUALA LUMPUR Arab-Malaysian Development Bhd has formed a joint venture to develop a piece of property on a 25-hectare site in Gombak, Selangor. The company said it owns 70 per cent of the joint venture. Panorama Skyline Sdn Bhd. while its partner. Southland Sdn
          Bernama  -  100 words
      • Article
        Lock icon Listing prospects in Malaysia excellent, says official
        371 18 MBT KUALA LUMPUR Prospects of public listings in Malaysia arc considered excellent, given the growing attraction of emerging markets and the rise in global equity issues and financing for economic growth. According to a paper presented here yesterday by a senior government official
        MBT  -  371 words
      • Article
        Fels set to gain from surge in offshore industry
        287 18  -  By Rahita Elias SINGAPORE Listed rigbuilder Far East Levingston Shipbuilding (Fels) is the best positioned offshore engineering company in Asia-Pacific to benefit from an expected surge in the offshore industry, according to investment bank Salomon Brothers. In Salomon's latest Singapore Marine
        287 words
      • Article
        Lock icon Beiren Printing Machinery defends use of working capital
        316 19 Bloomberg Business News HONGKONG Beiren Printing Machinery yesterday became the second Chinese company in a week to defend its business operations. Last week, Tsingtao Brewery felt the need to publicly detail 1994 activities after newspapers reported Tsingtao did not have enough working
        Bloomberg Business News  -  316 words
      • Article, Illustration
        Lock icon HK's Giordano to shift domicile to Bermuda?
        242 19 Knight-Ridder HONGKONG Giordano Holdings Ltd has proposed a reorganisation that will result in the company becoming a wholly-owned subsidiary of Giordano International Ltd, which is incorporated in the tax haven of Bermuda. Peter Lau, chairman and chief executive of Giordano Holdings, said in
        Knight-Ridder  -  242 words
      • Article
        Lock icon Kunming Machine Tool's net profit plunges 64%
        217 19 Bloomberg Business News HONGKONG Kunming Machine Tool Co's 1994 net profit fell 64 per cent, to 26 million yuan (554.3 million), as a result of competition from importers and tougher operating conditions due to the Chinese government's austerity measures. Kunming yesterday reported a
        Bloomberg Business News  -  217 words
      • Article
        Lock icon Four Taiwan firms link up to develop TFT-LCD
        170 19 Reuter TAIPEI Four Taiwanese companies have forged an alliance sponsored by the government to develop 10.4-inch colour thin film transistor (TFT)-liquid crystal displays (LCD). "This is part of our fouryear TFT-LCD project which is funded by the government with NT$2 billion (SSIOB
        Reuter  -  170 words
      • Article, Illustration
        Lock icon From hops to slops
        79 19 AFP BEIJING A worker at the Beijing Beer Factory dumping a bottle of brew that did not pass inspection on Monday. Bottles of beer pass an illuminated box, where impurities are easily spotted, at this stage of the factory's quality control. China is the world's second
        AFP  -  79 words
      • COMPANY BRIEFS
        • Article
          Lock icon Osaka exchange relaxes listing rules
          65 19 Bloomberg Business News TOKYO The Osaka Securities Exchange will allow some companies running current losses to list their shares, the Nihon Keizai newspaper said yesterday without citing sources. Companies in knowledge-intensive industries, including computer software developers, will be subject to the relaxed listing requirement. Currently,
          Bloomberg Business News  -  65 words
        • Article
          Lock icon Jinan Qingqi fails to meet targets
          86 19 Bloomberg Business News SHANGHAI Jinan Qingqi Motorcycles Co said its 1994 net profit achieved just 63.7 per cent of the company's earnings forecast. In a written statement, the company said its after tax profit for the year ended Dec 31 was 108.7 million yuan
          Bloomberg Business News  -  86 words
        • Article
          Lock icon Aussie takeover bid fails
          60 19 Reuter SYDNEY The joint takeover bid for Australian Agricultural Co Ltd by Elders Australia Ltd and Australian Metal Holdings Pty Ltd closed unsuccessfully yesterday, advisers to the bidders said. A spokesman for Hambros Corporate said the bid failed because Australian 51 per cent shareholder. Colonial Mutual
          Reuter  -  60 words
        • Article
          Lock icon President profit down 15.6%
          79 19 Bloomberg Business News TAIPEI President Enterprises Corp. one of Taiwan's largest conglomerates, said yesterday that pre-tax profit in the first quarter of 1995 declined 15.6 per cent from a year earlier due to reduced earnings from its 7-Eleven chain store unit and rising costs. Profit between
          Bloomberg Business News  -  79 words
      • Article
        Lock icon NASD proposes new suitability rules
        436 20 Move to ensure securities sold suit customers Los Angeles Times NEW YORK The National Association of Securities Dealers (NASD), bowing to pressure from state and local governments, has proposed new rules that would require brokerage firms to ensure that the securities they sell are appropriate
        Los Angeles Times  -  436 words
      • Article, Illustration
        Lock icon Disk-tinct improvement
        67 20 Business Wire MASSACHL'SEITS Michael Ruettgers, president and chief executive of EMC Corp, posing with EMC's new Symmetrixslsoo Integrated Cached Disk Array for large computer systems at the company* data centre in Hopkinton. Massachusetts. The equivalent of 68 million pages of text can now be stored in just 5.25
        Business Wire  -  67 words
      • Article
        Lock icon Chase earnings fall; other big US banks post 1st-qtr gains
        538 20 Reuter NEW YORK Chase Manhattan Corp reported lower profits for the first quarter, but still beat Wall Street's expectations, while other big banks posted higher earnings. Nationsßank. First Chicago. Bank of New York and First Interstate Bancorp all posted stronger
        Reuter  -  538 words
      • Article
        Lock icon Microsoft stock hits record high as profit powers ahead
        439 20 Reuter SEATTLE Microsoft Corp stock soared on Monday to its highest levels ever as Wall Street welcomed the company's stronger-than-expected profits in the latest quarter. Microsoft ended up U554,875 at U5577,375 after rising as high as U5578,125 in trading of more
        Reuter  -  439 words
      • Article
        Lock icon Intel's 1st-quarter net earnings up 44% on Pentium sales
        440 20 Bloomberg Business News SANTA CLARA, California Intel Corp said its first-quarter earnings rose 44 per cent on robust demand in the personal computer market for its top-of-the-linc Pentium processor. Net income increased to US$BB9 million (551.24 billion), or US$2.O4 a share,
        Bloomberg Business News  -  440 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Stable monetary policy vital as use of securities spreads: Buba
        405 21 Bloomberg Business News FRANKFURT The increased proportion of debt in the form of securities, rather than bank loans, makes a stable monetary policy more important than ever, the Bundesbank said. In its April monthly report, the central bank warned that
        Bloomberg Business News  -  405 words
      • Article
        Lock icon Japan's banks eye further cut to short-term prime rates
        392 21 Bloomberg Business News TOKYO Japan's major commercial banks are considering another reduction in their short-term prime rates, according to spokesmen at two Japanese banks. Japanese commercial banks cut their short-term primes by 0.25 percentage point to an all-time low of 2.75
        Bloomberg Business News  -  392 words
      • SMALL CHANGE
        • Article
          Lock icon Sumitomo Bank's 130b yen loss
          74 21 Reuter TOKYO Sumitomo Bank Ltd accepted a total of about 130 billion yen (552.2 billion) in losses stemming from write-olTs of problem loans at two non-bank financial affiliates SB Leasing Co Ltd and Sumigin General Finance Co Ltd in the business year that ended on
          Reuter  -  74 words
        • Article
          Lock icon 60.4b yuan loan for farm sector
          62 21 Knight-Ridder HONGKONG The Agricultural Bank of China and rural credit cooperatives provided 60.4 billion yuan (559.9 billion) in loans to support farming in the January to March period, the China Daily newspaper said yesterday. The loans were used to help increase production of grain,
          Knight-Ridder  -  62 words
        • Article
          Lock icon New private bank in Bangladesh
          41 21 Reuter DHAKA Prime Bank, a private sector Bangladesh commercial bank, was launched with a 200 million taka paid-up capital. Finance Ministry officials said yesterday. The government recently approved the setting up of seven private banks. Reuter
          Reuter  -  41 words
        • Article
          Lock icon Nepalese-Thai joint venture bank
          54 21 AFP KATHMANDU Nepal and Thailand have opened their first joint venture bank here, an official of the newly established Bank of Kathmandu said yesterday. The bank is 45 per cent owned by Nepalese promoters, 30 per cent by Siam Commercial Bank and 25 per cent by
          AFP  -  54 words
      • Article, Illustration
        Lock icon Fed sees BIS rules oil derivatives by 1996
        323 21 Knight-Ridder WASHINGTON International guidelines on how banks involved in derivatives should measure market risks and calculate certain capital requirements will probably be introduced by next year. Federal Reserve Governor Susan Phillips said. "Something will be put into place at least on an
        Knight-Ridder  -  323 words
      • Article
        Lock icon KL to have options and financial futures market by November
        394 22 MBT KUALA LUMPUR Malaysia should have its own options and financial futures market by November although the Kuala Lumpur Options and Financial Futures Exchange Bhd (KlofTe) is all set to start operations for the trading in various instruments. KlofTe Bhd
        MBT  -  394 words
      • Article
        Lock icon Decision to include Merrill Lynch under fire
        306 22 Reuter SACRAMENTO The decision by State Treasurer Matt Fong to include Merrill Lynch Co Inc on the list of firms that the state will draw upon to underwrite future bond deals drew some fire in the California legislature. Orange County and Merrill Lynch
        Reuter  -  306 words
      • Article, Illustration
        Lock icon Glut in world stocks keeps Thai tin industry in the doldrums
        466 22 Reuter BANGKOK Thailand's tin industry will not be able to snap out of a prolonged slump because a glut in stocks in the world market will keep prices depressed in the coming months, government and industry officials said on
        Reuter  -  466 words
      • Article
        Lock icon UAE denies black cloud of debt looms over banks
        258 22 Reuter DUBAI The United Arab Emirates Central Bank said UAE banks had made adequate provisions in recent years to recover from a period since the early 1980s when a rash of lending forced some banks to merge. "The central bank of
        Reuter  -  258 words
      • Article
        Lock icon Salomon backs away from bonus plan
        357 22 Rethink after senior bankers move to rivals for better deal Los Angeles Times NEW YORK Salomon Brothers on Monday began backing away from a bold plan announced last fall that linked the size of bonus payments for individual investment bankers to the profits the
        Los Angeles Times  -  357 words
      • Article
        Crude up as Iraq rejects oil sale offer
        333 22 Bloomberg ENERGY REPORT LONDON Brent crude oil futures rose after Iraq appeared to reject a United Nations offer to sell a limited amount of oil to fund humanitarian aid. Traders saw little to offset an anticipated 10 per cent reduction in North
        333 words
      • Article
        Lock icon Currency Reports: London
        192 22 Reuter LONDON The dollar managed to hold above 1.3600 marks and 81 yen in Lurope on short-covering, but it was off to a rocky start after the Easter holiday with new record lows close in sight, dealers said. Disappointment over Japan's economic stimulus package, growing market perception
        Reuter  -  192 words
      • Article
        Lock icon New York
        95 22 Bloomberg Business News NEW YORK The dollar fell against the yen amid doubts that major industrialised nations will be able to halt its slide against the Japanese currency. The dollar fared better against most other major currencies. Finance ministers from the Group of Seven leading industrial nations meet
        Bloomberg Business News  -  95 words
      • Article, Illustration
        Lock icon Untitled
        1745 22 liiuir HtighltiJ inji iuhvlai<-d ugwnt/ Spare s lop 14 IraJinf pmtmtn \rar US$/S$ forward rates Noon /Apr 18 s$ Bid Offer l-monlh I '880 1.3895 J-month I 3837 I 3852 3-month 1.3797 ***** f>-month 1.3680 1.3700 SiHm v OC Hi Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on
        \rar |  -  1,745 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen higher, Eurodollars flat at close
        1365 23 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures closed slightly higher and Eurodollars were little changed after tight-range trading yesterday. Dealers said Euroyen contracts were quiet as the market watches ongoing US-Japan trade talks on cars and car parts. Investors are also skittish about the
        Reuter  -  1,365 words
      • Article
        Rubber continues to slide down
        654 23 COMMODITY REPORTS Rubber kuala Lumpur The Malaysian rubber market continued its downslidc yesterday with prices remaining weak as sellers were chasing prices down to attract buvers. May RSS One and SMR 20 lost another 5 sen and 3 sen respectively to finish at 452.50 sen
        654 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Frost boost for Indonesian coffee?
          80 23 SINGAPORE News of a light frost that hit Brazil's coffee growing areas over the weekend is likely to push up Indonesian prices, says an Indonesian coffee industry official. So far. farmers and coffee holding firms have not raised their prices but were awaiting more details
          80 words
        • Article
          India sets coffee export target
          104 23 BANGALORE The Indian Coffee Board has fixed the country's 1995-96 coffee export target at 150,000 tonnes with a value of 12.34 billion rupees (*****.3 million). The state-administered board expects an average realisation of 82.260 rupees per tonne of export. This compares with 1994-95's estimated exports
          104 words
        • Article
          Philippines approves sugar import
          56 23 TOKYO The Philippine government has ap proved raw sugar imports of 38.000 tonnes, and tiv Sugar Regulatory Administration is expected t> announce a tender soon, traders said yesterday. Th country's 1994-95 (Sep-Aug) crop is expected to bsomewhere between 1.8 and 1.9 million tonnes barely meeting domestic
          56 words
        • Article
          Japan aluminium output up
          59 23 TOKYO Production of aluminium sheets ant extruded products by Japan's seven major fabrica tors totalled a record high of 143,911 tonnes ii March, up 13.4 per cent from a year before, accord ing to the Japan Aluminium Federation. Fo 1994-95 (April-March), output was 1.493 millioi tonnes,
          59 words
    • Article
      COMMODITY PRICES
      1537 23 SICOM Futures Rubber (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 95 264 50 264.50 260 00 25 1900 Jun ***** 255.50 255 00 600 2825 Jul 249.00 249.00 246.50 50 1475 Aug 247 00 247.00
      1,537 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1026 24 19.8 KEEN buying of resource-based stocks led the Australian share market yesterday to its highest close in more than five months, brokers said. The All Ordinaries Index closed at 2.040.5 points, up 19.8 points on Thursday, the last trading day on the bourse before a four-day Easter break. Brokers
        1,026 words
      • Article
        Manila
        640 24 -10.32 Philippine share prices moved sideways yesterday with blue chips yielding to profit taking, analysts said. The PSE Composite Index closed at 2,477.63 points, 10.32 points down from the previous day's trading. Volume dropped 19.1 per cent to 2.194 billion shares, as value leaped 215.4 per cent to 1.799
        640 words
      • Article
        Taipei
        604 24 -5.51 Taiwan share prices rebounded slightly from recent heavy losses to close mixed, but market sentiment remained bearish over weak financials, brokers said. After falling to an intra-day low of 6,050.81, the Weighted Price Index recovered to close 5.51 points down at 6.106.56. Turnover was a modest NT$4O billion.
        604 words
      • Article
        Seoul
        448 24 -1.83 Shares closed easier after profittaking wiped out early gains in thin trading, brokers said. The Composite Index shed 1.83 points to 917.06, off a day high of 924.93. Declining issues led gainers by 489 to 237. "The market fell on a technical adjustment. But many blue chips remained
        448 words
      • Article
        New Zealand
        318 24 21.20 Shares rose for a second day as investors selling shares in forester Carter Holt Harvey Ltd to International Paper Co reinvested their money in other stocks, traders said. Beginning last Thursday. New York-based International Paper moved to try to buy control of Carter Holt, at a cost
        318 words
      • Article
        Bombay
        85 24 -32.59 Shares on the Bombay bourse ended lower as brokers said the eentral bank's credit policy announced on Monday would prompt banks to raise their interest rates. The BSE Index ended at a provisional 3,427.87, shedding 32.59 points from its previous close. The composite National Index fell 19.84 points
        85 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        723 24 Britannia Funds ■sterling Cash Bid Offer Mim C jp l>pix.ii J8 6400 J***** Mim Jene* t.ih .0 1891 0 1492 Mim Mai Income ****** *04V» USS Cash Income Plus Fund 10 2800 10 8100 PS Revise Fund 5 4500 5 4*00 Slnling h*i«it> Euro Performance 04W2 049W F« Fjni Fund
        723 words
      • Article
        London
        670 24 -14.3 THE FTSE-100 Index of UK shares closed at its low for the day in a dull session marked by some of the year's most sluggish activity, as dealers said the market probed economic data for any shift in sentiment. The FTSE-100 closed down 14.3 points at 3,194.5 on
        670 words
      • Article
        Paris
        125 24 -25.44 French shares ended sharply lower, pressured by weakness in the dollar and franc and pre-election nervousness, dealers said. The CAC-40 Index closed down 25.44, or 1.35 per cent, at 1,855.70. Of CAC-40 stocks, four closed higher and 35 lower. The broader SBF-120 Index closed down 13.88 at 1,268.39.
        125 words
      • Article
        Frankfurt
        194 24 -28.36 German stocks fell in postbourse trading, dragged down by a weak dollar that revived earnings concerns for carmaker Daimler-Benz tJ&G and other exporters. The DAX Index of 30 leading stocks closed at 1,954.62, down 10.67 points on the floor close and 28.36 points on the day in electronic
        194 words
      • Article
        Brussels
        177 24 -3.76 Belgian stocks fell, after rising for nine days, amid speculation the weaker dollar will reduce earnings of Belgian companies with sales in the currency. "Given the level of the dollar and the rise of the stock market in recent days it's quite normal the market would cool ofT
        177 words
      • Article
        Milan
        154 24 -8.0 Italian shares pulled back from initial lows to end basically unchanged. Futures market stole lion's share of trade, accounting for almost double the volume on cash market, dealers said. Market was deprived of major news, awaiting regional elections on April 23 and provisional inflation data due on Friday.
        154 words
      • Article
        Amsterdam
        302 24 -1.12 Dutch shares closed in negative territory on a weaker dollar but were ofT lows as a late flurry of buying lifted the AEX Index one full point. The index ended at 405.47, losing 1.12 points from Thursday's pre-Easter close, off from a session low of 403.48. Volume was
        302 words
      • Article
        Stockholm
        118 24 -o.4pc Swedish shares fell 0.4 per cent in low turnover yesterday. According to brokers, rising bond yields were the crucial factor that moved the market as there was no other news to trade upon. "Bond yields are moving the market, the crown and the dollar are weakening. The European
        118 words
      • Article
        Zurich
        293 24 -13.2 Swiss stocks closed lower as the US dollar's renewed weakness heightened concern about exporters' earnings. Einancials stocks also fell. "The weak dollar was the main influence today," said a trader. "It hurts exporters' earnings and it also makes Swiss stocks more expensive for foreign investors." The SMI Index
        293 words
      • Article
        Johannesburg
        391 24 +43.00 South African gold shares ended a mostly slow day off their best levels as a late bullion slip and rand strength took their toll on prices, dealers said. Other stocks ended mostly firmer on improved sentiment in the gold sector and amid selective demand for industrials, they said.
        391 words
      • Article
        Toronto
        230 24 -7.10 Stocks moved lower in quiet early trading as market players catch their breath after a recent strong run, dealers said. The TSE-300 Composite Index eased 7.10 points to 4,295.60 on volume of 6.02 million shares valued at C 581.94 million. On Monday the index closed at 4,302.72 on
        230 words
      • Article
        New York
        761 24 -9.68 Stock prices turned moderately lower early yesterday in heavy trading, as the major indices "tested new highs." The Dow Jones Industrial Average, which lost 12.80 points on Monday, turned down 9.68 points to 4,185.70 at II am EDT. The New York Stock Exchange Composite Index eased 0.28
        761 words
    • Article, Illustration
      Lock icon HONGKONG
      3026 25 Reuter AP HONGK.ONG Shares ended lower in quiet trade with buying interest absent amidst concerns over the US dollar's weakness, dealers said. The blue-chip Hang Seng Index dipped 17.02 points or 0.20 per cent to 8,644.97. Preliminary turnover was HKS2.IS billion versus Thursday's adjusted HKS2.4B billion. The market was
      Reuter; AP; Source: Bridge Info  -  3,026 words
    • Article, Illustration
      Lock icon CHINA
      574 25 CLSA ALL China shares remained quiet yesterday. In Hongkong, turnover of the H shares posted only HKS4O.S million. Maanshan Steel remained the most actively traded stock, up 1.9 per cent due to expectations of improving steel prices. Beirin Printing outperformed the market, rising 2.3%. The CLSA H index closed
      CLSA  -  574 words
    • Article, Illustration
      Lock icon TOKYO
      2544 25 Reuter AFP TOKYO Stocks ended soft yesterday after a subdued day of narrow trading. Brokers said the market lacked direction as investors are keeping away due to the yen's strength and fears that the dollar might plunge further. "Everything very much hangs upon the yen/dollar level. And it looks
      Reuter; AFP; Source: Bridge Info  -  2,544 words
    • Article, Illustration
      Lock icon BANGKOK
      1819 25 Bloomberg Business News BANGKOK Stocks fell, led by financial issues, on the belief that efforts by the Bank of Japan were not enough to prevent the US dollar from weakening against the yen. analysts said. "The perception is for more declines," said an analyst. "That is keeping foreign investors
      Bloomberg Business News; Source: Bridge Info  -  1,819 words
    • Article, Illustration
      Lock icon JAKARTA
      1185 25 Reuter JAKARTA Jakarta share prices closed lower on heavy foreign and local selling pressure in blue chip stocks, brokers said. "Players had been sidelined waiting for directions. When there were some heavy selling on certain blue chip stocks, players just started to panic and began unloading their shares." one
      Reuter; Source: Bridge Info  -  1,185 words
    • Article
      CLOB INTERNATIONAL
      2662 26 tir Or r— IW Ijim Vol Day l*s< Qunit Ui» Ui« tU Nd M C ap High Uro < ompans Sak (DUO) High lxn> Buser Seller CV S V i Soiil MALAYSIAN STOCKS 478 1% m MSB 50c 380 8 1053 396 360 380 3H6 JO -2.9 02
      2,662 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article
        Lock icon Index edges up as investors show some interest
        244 26 AFP KUALA LUMPUR Malaysian share prices ended yesterday slightly higher as investors began to nibble on selective blue chips in anticipation of a recovery after next Tuesday's elections, brokers said. The Composite Index added 1.67 points to 964.30 from 962.63 a day
        AFP  -  244 words
      • Article, Illustration
        Lock icon Untitled
        6754 26 Source: Bridge Info KXCtS TURNOVER Clow Pmion Change KLSE Composite 964 30 962.63 +167 NST Industrial ..5162.10 *****1 +3 09 NST Financc 8912.32 8928.09 -15.77 NST Properties ..2508.27 2492.37 15 90 NST Mining 2268.31 2226.80 +41.51 Inow (D00) Total volume 95.551 87.785 +7.766 Total val (M$) 419.043 373.435 45 608
        Source: Bridge Info  -  6,754 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8751 27 [MAIN BOARD 11M Gr G» M Ml ,w '-»>• Vol l>a> ImOmt l)i> ni. \id ISH Cap \«> l Safe 0001 High La* Bu>rr Seller Cn P/F. Smil Prit* INDUSTRIAL AND COMMERCIAL "f- 3*8 ml i Acma 50c 424 cd 4 5 426 424 424 426 22 5 2.7 X
        8,751 words
      • Article, Illustration
        Lock icon Dealers expect market to trade around current levels
        1884 28  -  By Paul Leo SINGAPORE A technical rebound on Clob International failed to lift the broader market yesterday. "There wasn't much life on the exchange except for the rebound on the over-the-counter market," said a remisier. So, while the UOB-OTC Index rose 7.05
        Charts by Bridge Info; Source: Bloomberg  -  1,884 words
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      453 17 NEWS VALUE Significant fall in number of property loans, say bankers (pg 0 But it is still too soon to make a call on the emerging price trend. Rivals surface as Hong Leong balks at hospital chain's price (pg I) Unlikely to fire market interest in the listed companies left
      453 words
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      115 18 (J) OUR CHINA TOUR M B PACKAGES COME WITH RADICAL REFORMS M Total Flexibility Incredible Variety Unbeatable Value E* Beijing 4D/3N S$ 476 Kunming 4D/3N S$ 391 Wey Xiamen 4D/3N SS 360 Ljli HV Beijing/Xian/Shanghai 7D/6N 551,450 Beijing/Guilin/Shanghai 7D/6N S$ 1,652 fljS Beijing/Guilin/Guangzhou 7D/6N S$ 1,486 wH Shanghai/Suzhou/Wuxi/Hangzhou/Shanghai 7D/6N S$
      115 words
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      Page 18 Advertisements Column 2
      101 18 ACROSS THE NATION AROUND THE WORLD FOR SALE BY TENDER PRIME DISTRICT SHOPPING CENTRE Northern Market Shopping Centre, Gawler, South Australia Corner Murray Street Cowan Street Strong tenancy structure including a Coles Supermarket, the Australian Government, National Mutual and H R Block, plus 24 speciality shops Current net income of
      101 words
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      347 20 BUSINESS TIMES LIFESTTLE EXCLUSIVE TRACKiuEtARIJ'S MILESTONES OF SUCCESS... TO THE WORLD RALLY IN SPAIN! top prize mmmMMmmmmmmmmm 2nd prize A SD/4N trip by A SD/4N trip by Business Class to Economy Class to Catalunya, Spain Catalunya, Spain Pure escapism! The very stuff that holiday magic is made of! Imagine yourself
      347 words
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      293 21 BSi^!S!i^^^B^SLr~"iKBßi^^B^^^^B AUSTRALIA HHMH^^hhhhh Situated on the shores of Lake Jindabyne at the gateway to the Australian snow fields. The complex features: •39 accommodation rooms Bars, restaurants, bistro, entertainment venue Pub Tab, games room, pool, gym, spa, sauna Estimated net profit 94/95 $1,000,000 Expressions of Interest close Friday 28 April 1995
      293 words
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      Page 22 Advertisements Column 1
      80 22 B U S I NHSS TIMES NOTICE 32 Ford Avenue Location Ford Avenue, off Holland Road Land Area 4 226.4 sq m (45,493 sq ft) type Regular shaped bungalow land plot Tenure Freehold Potential Development of up to 3 good class bungalows Tender Closing Date 3 pm, Tuesday, 9 May
      80 words
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      Page 22 Advertisements Column 2
      49 22 You may have been unable to get your Business Times, Straits Times, Sunday Times. LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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      70 23 Financial News Kjll A Quick Look At The Mfl I Market I Call 24 hours a day for I I SES KLSE midday I reports, closing world market reports and business news. Cost: 30 cents a minute o»—» KRiiline An SPH AudioTex Service Find a new rider for your wheels
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      Page 23 Advertisements Column 2
      20 23 As and when the latest London/ Rotterdam prices arc not available, the previous trading day's closing figures arc carried instead.
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      24 words
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      87 26 Personal finance investment I 1 A prelection KL stock rally? Don't TELEQUOTE DATA b i n Because the financial market is so amm i unpredictable. wfe'g *Whether it's the headlines or it's between the lines, our real-time financial 111?% information could give you that vital competitive edge in making crucial
      87 words
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      61 words
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      Page 28 Advertisements Column 1
      335 28 NOTICE NOTICE IS HEREBY GIVEN that, I TEO SIEW KHENG of Blk 326, #01-384 Serangoon Ave. 3 Singapore 1955, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Feng Soon Enterprise at Blk 326, #01-384 Serangoon Ave 3 Singapore 1955, and that this application will
      335 words
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      Page 28 Advertisements Column 2
      363 28 Binn^sn^s ToTrTßKEnrEL^<^^o^M-188^^ATTB-129e NOTICE NOTICE IS HEREBY GIVEN that, I ANG KWONG HWEE of Blk 20, Chai Chee Rd #06-416 Singapore 1646, have applied for a First Class Beer House, Licence in respect of premises at M/s Rong Wong Food Services at Blk 65, Circuit Rd #01-361 Singapore 1337, and that
      363 words
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      Page 28 Advertisements Column 3
      366 28 NOTICE NOTICE IS HEREBY GIVEN that, I Ng Siok Hee of Blk 625, Ang Mo Kio Ave. 9 £02-110 Singapore 2056, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Ng Lian Hock Seng Kee at Blk 625, Ang Mo Kio Ave. 9 #01-110, Singapore
      366 words
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      Page 28 Advertisements Column 4
      363 28 NOTICE NOTICE IS HEREBY GIVEN that, I Laino Antonino of No 2058 Jalan Loyang Besar, Loyang Ville Singapore 1750, have applied for a Public House (2nd Class) Licence in respect of premises at Porta Porta Catering cum Restaurant at 971 Upper Changi Road North Changi Garden Singapore 1750, and that
      363 words
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  • BUSINESS TIMES SHIPPING TIMES
    • Article
      Eight S'pore firms taking part in Vietnamese maritime show
      336 29  -  By Alec Almazan SINGAPORE Eight Singapore firms are taking part in Vietnam's first maritime trade exhibition, Maritime Vietnam, which opens today. The four-day event, organised by Singapore-based RAI Exhibitions, is being held at the Ho Chi Minh International Exhibition and Convention
      336 words
    • Article
      Russian exhibition draws strong interest
      171 29 SINGAPORE A shipping exhibition in St Petersburg in September has attracted strong interest from previous exhibitors and new groups. Organisers of the Neva 95 event say 90 per cent of international space has already been booked by past participants from 50 countries. New exhibitors include
      171 words
    • Article, Illustration
      Lock icon Out of action
      48 29 AFP ST HELIER, Great Britain The French St Malo catamaran being towed back to St Heller on Monday after being holed off the Channel Island. Up to 40 of the 307 people on board the ferry were injured as they abandoned the stricken vessel. AFP
      AFP  -  48 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1039 29 Page Col ABC Containerize 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Line 12 1 •Ahrenkiel Liner 4 1/2 •ANL 3 4/5 Antaco Mgmt 17 3 •APL 18 1/2 •Appenship 4 4/5 Arabian Express 15 4 •ASCL 5 5 Astro
      1,039 words
    • Article
      Lock icon Yang Ming to offer 169 million shares
      228 29 Reuter AFP TAIPEI Taiwan's state-run Yang Ming Marine Corp said it will release 169 million shares, or 15.7 per cent of its shares, between late April and late May. A company spokesman said yesterday: "The Ministry of Transportation and Communications has approved our
      Reuter; AFP  -  228 words
    • Article
      Lock icon Johor shippers unwilling to use lorries to truck boxes
      427 29 MBT KUALA LUMPUR Shippers and shipping agents in Johor are reluctant to use conventional lorries to truck their containers despite the government's green light allowing such vehicles to be used. The government had relaxed the rules for container transport at the
      MBT  -  427 words
    • Article
      Lock icon Japan's ship orders exceed 10m grt
      239 29 Reuter TOKYO Japan's shipbuilders won orders to build 10.35 million gross registered tonnes (grt) of foreign ships in the year ending March 1995, the highest tonnage since 1973, the Japan Ship Exporters' Association said yesterday. "This is the first time ship orders have surpassed
      Reuter  -  239 words
    • Article
      DAILY FREIGHTS
      640 30 WITH Europe on holiday on Monday there was very little activity on the freight market here, brokers said. In the grain trades. Continental Grain has fixed 28,000 tonnes 10 per cent more or less of heavy grain, sorghum or soybeans from the US northern range to Morocco at
      640 words
    • Article
      TRANSPORT DIARY
      557 30 COURSES litle: Sea Transport Course (SDF 70%) Duration: May 17 Aug 23 Organiser: Singapore Freight Forwarders Association l ei: I or further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. litle: International Freight Forwarding I (SDF 70%) Duration: May 25 Aug 3 Organiser: Singapore Freight Forwarders Association
      557 words
    • Article, Illustration
      Lock icon A new alternative to Panama Canal?
      573 31  -  Nicaragua is considering various proposals to relieve congestion in the canal, reports Tim Coone Tim Coone Lloyd's List THE financially-strapped Nicaraguan government is weighing up new proposals from private consortia to build an interocean transport link to eventually complement the Panama Canal which celebrates
      Lloyd's List  -  573 words
    • Article
      THE SHIPPING GUIDE
      11756 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,756 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        599 41 Vend Voy No Berth Vmal Departure Vowel Voy Wo Berth AnhiJ Oepartwe JurOflf Part Batam S#eed5 A7395* P01A 1705/1300 1705/1500 Canopus ***** 119 ato<*5tde 1904/1900 Batam Spe«d5 0 7395* P01A 1705/0700 17 05/0900 ET Otfshoie I B 68 110 alongside 1904,0600 Citra Batam 041 P01A 19 04/1200
        599 words
      • Article
        CONTAINER SCHEDULES
        2076 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record Booking/Balance Rsfts Ship Voy No Etb/Btr Period From To From to tade 2346 21/1100 IB 18/1500 18/1659 18/1900 3 19/0700 19/1159 19/1400 4 19/1200 19/1459 19/1 ?00 to Swn 166A 19/1500
        2,076 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon FAA to install runway radar safety system
        482 48 Long-delayed scheme to be implemented at 37 airports Bloomberg Business News WASHINGTON The Federal Aviation Administration (FAA) on Monday announced plans to install radar safety systems designed to prevent runway collisions at the nation's 37 busiest airports. The announcement comes a decade after
        Bloomberg Business News  -  482 words
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        Lock icon Ad that's way above others
        65 48 Business Wire COLORADO SPRINGS A Western Pacific Boeing 737-300 displaying the corporate colours and logo of Colorado Springs 1 famous resort, The Broadmoor Hotel. The new airline, which begins service from its Colorado Springs hub on April 28 with a flight to Oklahoma City, plans
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        247 48 Reuter WASHINGTON The Supreme Court said on Monday it would decide whether surviving relatives must prove they were financially dependent on a person killed in an airline crash to recover damages under an international treaty. The justices agreed to decide
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        237 48 AP BEUING American cars are selling well in China this year after months of sluggish sales due to lack of overall car demand, the official China Daily reported on Monday. Chen Ping, vice-president of the China Trade Centre for Imported Automobiles, the
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        542 48 Bloomberg Business News DETROIT Ford Motor Co and General Motors Corp are expected this week to report higher first-quarter earnings partly because they persuaded their North American dealers to take on more inventory than could be sold to consumers. Car
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          92 48 SINGAPORE The head of the Philippines' Maritime Industry Authority, Pacienco M Balbon. has been appointed a member of Germanishcer Lloyd's Asean Committee. The German classification society held a meeting last week in Singapore; which was also attended by Dr Hans Payer, a member of GL's
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          109 48 Reuter NEW YORK The American Bureau of Shipping (ABS) said it classed 10 per cent more tonnage in 1994 than the previous year, making 1994 its best year since 1982. ABS said it classed 4.45 million gross tons in 1994, up 10 per cent from
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          86 48 Reuter BEIJING China's State Planning Commission has approved the construction of a new airport in southern Haikou following a feasibility study, the Xinhua news agency said yesterday. Because the capital of the booming southern province of Hainan is expanding rapidly its airport needs
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          42 48 Bloomberg Business News HONGKONG An official of the Hongkong Port Development Board said the territory will need significantly more land to meet the demand for container storage, the Hongkong Economic Times reported yesterday. Bloomberg Business News
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        1745 48 og fw ro nm ETO_ a$ nw CTA nw n»^ Abu MmM OK 156 1735 GA974 0020 QF6 1845 GA984 0310 fufcuoka SQ969 1700 SQ990 0105 J*^ 2 6«Mva SR183 2105 ***** 2030 "252 J420 Amman RJ182 1440 RJ183 2210 Naiigzbou MI931 2015 M1932 0905 Hanoi
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        179 48 Bloomberg Business News TOKYO Three Japanese heavy machinery makers have signed a contract with Boeing Co to jointly develop the nextgeneration model for the Boeing 737, a small passenger aircraft, the Nihon Keizai newspaper reported yesterday. Boeing's partners in this venture are
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      94 29 Drager m SAFETY EQUIPMENT J (SOLAS APPROVED) f PA9O MARINE Specifically Designed Breathing Apparatus For Maritime Application! HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE ■BV Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore OS 13 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING Nicaragua studies
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      55 29 pfti TlmfS WEEKLY LCL TO: j Algeciras Las palmas Barcelona Madrid Bilbao Tenerife Ceuta Valencia HAN JIN'S CHINA-EUROPE EXPRESS SERVICE will guarantee you the chances to enjoy: faster transit time increased frequency to Europe direct service to/from China's main ports 4 5s .JV v.''' '--.'a f if?'- -•> s—, *3
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      1673 30 igi AD-LIB Candid views from people in the news. *&?{('•iLJ) Conversations At Raffles. ~7 —Every Other Saturday. SINGAPORE f Business Times KSO»ASH I I OTHER DESTINATIONS I I NORTH AMERICA I DWKCT CALL TO WIST COAAT ftCX) I WI»T COW OT CtHTBAL AMPBCA tMAffOABITA MBVICt) 3IHQAPOMS CAUfOWIA EXPMBB (DWCCT FROM
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      305 30 CONVENTIONAL INDONESIA SERVICE "J von. ETA ETC OOTMATION CHAHAYA SEJATI 22/4 23/4 SEMARANG JAKARTA KURNIA SEJATI »4 27/4 JAKARTA. SURABAYA. PADANG m WALIE OUA 2*4 29M JAKARTA SAN WALIE JO* t/5 JAKARTA. SURABAYA FULL CONTAINER SERVICE SINGAPORE TO JAKARTA VESKL VOY STORE LQADWG PORT CARAKAJN3I9 SJ49 26/4 JAKARTA(bertlangtfWl) CARAKA JN
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      1707 31 IP -M. |V. BOOKING TEL *****17/418/*****mM8 W CUSmmSBM%m:32Q24M4IBFAX:224QQI4 HI SEALORD SHIPPING AGENCIES MJUMmCIISW 24Y4 0* 9* 8* 10* *5 *T 10* 12* ON JUBAYRCII3W 24/4 9* ii*~~ BN JUBAYR CII3W MM m AL WAJMCII4W 1/5 I*s 12* 15* 17* 11* I*s 17/5 I*s AL WAJBA CII4W 1/5 I*s 18* AL
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      1183 32 VKSa VQT SW6tfO« JBXMH IMA' MgMjggjl mam MTTBPAAI OMIT IfHAVtt haahukowbs iizili 2!A VI Jfi J& H n/4 w m W M Uli— mwwitt cross «/m v/* u/s w jj/s ws mw ~rysir~ HA »/s Wl gg I«/S i77S ?</s I ww Aim m/ii; vs y/s m M M tssatimss
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      548 32 I NANO NAKUL IN PT 21/4 RdnVAtw/UK/Nantaa I I BALABAN t 26/4 3CV4 RdrrVAtWUK/Fttrites I Ugi EWV Malaysia. Indooeaa 1 Loading for 1 I SAOAN KALKAVAN OubauDtfTimarVKiiwait I BUFFALO Jeddah/Aqaba/Tnpok/AJgena I SAMMI FRONTIER I 1 toads Singapore. E7W. Malaysia. Indooeata 1 Loading (or 1 I SAMMI FORTUNE Los Angetos/New Orleans/
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      1076 32 NOR ASIA UPGRADED WEEKLY SERVICE WITH FIXED DAY SAILING and IMPROVED TRANSIT TIME IP LA SPEZIA. FOS t BARCELONA. VALENCIA FOR MORE DETAILS/BOOKING, PLEASE CONTACT: M/S TAN SEOW CHUAN S PORE GENERA AGENT: NORASIA AGENCIES (S) PTE LTD also ACCEPTORS La TO. TEL: *****83 PAX: *****90 CR NO. **********00 THAILAND
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      1426 33 pV STRAITS SHIPPING PTE LTD ■egf 10 Hoe Chiang Road #11-01 Keppel Towers IHLfIV Siagapore 0200 Tel: *****88 Fax: *****17 r new quinea pacific line (A SERVICE OF CHINA NAVIGATION CO) CARGO DOC SAILS STRAITS VENTURE VWIK KX. Skan. Taw 21 22 Apr 23 A#f 25 Apr C J NUGAIII-22
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      2470 33 Singapore Agent: I W I fMltA.'l flfifC p& Containers (Singapore Agencies) Pte Ltd Hoe Chiang Ruad, #07-01 keppel Towers, Singapore 0208 First Class Connections WORLDWIDE Tel: 225 2233 Telex: KS ***** PNOCSP Fax: 225 5327/222 7517 IK Number ***** V *****/ EXPORT IMPORT VESSEL VOY |*MM *»KQ SIN SOU ANT
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      524 33 OUTMOUBOP PKL PEN JOH SM HUG KAO TAI Kg YOK TKY NAG KOB OSK MOJ BUS SEA RANCH! MBM 1544 IMM 1644 20-2644 2444 2644 2744 2144 0346 0446 6MB 6246 WAN MAI 215M616 1*44 2644 2244 2644 2644 6146 0245 0646 6646 1646 6646 AUXANORIA MOOl 0246 0146 3644
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      444 34 SEAWARD SHIPPING AND II TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KELANG PENANG BLUE JADE 7/5 Loading tor Male IRUVAJ HUOHU 5^5 Loading (or Japanese Ports PIONEER SUPREME 8/5 Loadmg for Male UMMEEDH 25/4 Loadng for Male PROGRESS LIBERTY In Port Loadng for Bangkok PIONEER ELEGANT 2<V5
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      1190 34 HANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VSL SIN LINE HAUL SEA YVR POX FDR VSL SM UNE HAUL SAV ILM NYC HANJIN HONG KONG 04IE 21/4 DIRECT 11/5 12* 13/5 IRENES SYNTHESIS 004E 16N H NEW YORK ONE 25* TVS 26/5
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      58 34 SOON KIAT SHIPPING PTE LTD I —111 WKf WWMI aomMNMH REGULAR SERVKZ TO SMMWM A MUG SPOM Sri Pat* 17/K BimaliuMiri M/M Supanor 6 lory 05*5 Port miang »*4 Mafa Yo«fl Hua 06*5 liMaly/Miri 24D4 kcM| eaqa at Paak raafaa fTM AccapM, fa ml tartar caaMar aa* kaaayNMa ap la
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      1185 34 4m EUR OPE/UK/SCANDINA VIA/FINLAND/RUSSIA SGP RDM MSG TMP ANW LMV LMW ANW THP MBG RDM PKL SGP E GROUP RW-044 20/4 17* 14* IS/5 1M f GIFTED RE-MO 27/3 21/3 30/3 1/4 20/3 24/4 25/4 E GARLAND RW-MO 28 4 23* 20/5 22* 24* 25* E GENIUS RE-055 4/4 5/4
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      1861 35 SERVICE FORTNIGHTLY TO pfNNMfc PCRU CHILE tSmfPorf Central TH *****00 Ssi—. K»okJmc: *[f l tat MCT4B CUIDDIur orr irn fC»««r»a.- 2MIM< CmMmt 4}0M41/144 Cwhiwf Sue 420M02 Oparmttn— CwlMiw: *****JS in'rriffU rlt LIU Ttax: »IM COSMir Comnmtkml: *****50 M; 4M5715 CmtmlM. 4M574« t.vTJ*" r "J 7 C* Nk *****1M0M M Fas;
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      787 35 HEUNG-A SHIPPING (Korean FLAG) I RJIIY COWtMWBWZED SERVICE CONVENTIONAL 3EHVKS MHMTAmc I w lw> It [JKT b— |wc Isaoji [m» petoist ukt [—vj—cttj pw M-MMY.snw ua<_ vm nw ww iib.iiw imi iw.iwhmimm im _im im jms. GIANNIO V.SI4N 24/94 MM HAS 17,98 IMB 17/S6 IMB IMB *0 IDO NAM J44N
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      571 35 jSf FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) ANNOUNCEMENT COMPETITIVE RATES TO U.S.A ETD: 21 ST APR. 95 CONTACT: MAY JUAN HOT LINE: *****33 (30 LINES) P KLANG PH: 0203/*****02 (10 UNES) PENANG PH: 0204/*****7 (10 UIMES) J. BAHRU PH: 0207-*****22 jSfik QLOBEUNK
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      1013 36 IB" 8 VOY SN JIT VQY SIN B BHATWA BHUM 77* Fri 21/4 Mow 24/4 KOTA JADE JADQS7 Wad In Pt Fri ~21/4~W SIN BKK I WAX A BHUM 2758 Sun 23/4 Wad 26/4 j BUNGA SEROJA 5063 Thu 20/4 Sat 22/4 In PI Sat 22/4 I VWA BHUM 130S
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      720 36 79 ANSON ROAD, *21-01, SINGAPORE 0207 TEL: *****92 FAX: *****87 CRt **********0H STRAITS SHUTTLE SgRVICi PORT KLANO PENAWQ kssci voy sin m vessel I vov sm pbi SEA LAUREL 378N ia>4 (THU) 14.4 (FRI) MCC CONVEYOR 5022 11/4 (TUE) 14/4 (FBI) EAGLE BREEZE 199 A 13/4 (THU) IS/4 (SAT) XOURJAYA
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      247 36 GOLDEN LINE A GUAN GUAM SHPPMG IT& 0\ (PTE) LTD U'-NX>.\ 23. Mek Afar Strwt SMGAPORE 0104 V TEL *****88 (10 UNES) Fac *****04 fCRNa. *****S*****W) ■T»AIT«/»EM«IAM OUU «fVICF S'porf PKeiang Penang GOLDEN GRACE KaracfVDubA*uwat 26/27 Apr GOLDEN BEAR 4/6 May CHINA aEMVICE GOLDEN WOOER Shangha 4/6 May M BAO
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      940 37 ir f PACIFIC INTERNATIONAL LINES (PTE) LTD] I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO **********0E I I s j 1 1 T 7."rjJ BFI VOY SIN CMB JlB HOO JED AQJ ADC PZU MSW ASA t Ed KOTA BERKAT BKT23P 21/4 20/4 1/5 3/5 5/5
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      824 37 XSSELS wt sm umm HAMBUEC THMES HOTUHMM wrung WLU 0- HYDRA HOBW 25/04 16/05 11/05 20/05 21/05 22/05 WLL£ DC IYIM TOBW 02/05 23/05 25/05 27/05 20/05 28/05 WLL£ Of VEU VOBW 08/05 30/05 01/06 03/04 04/00 05/06 BMTK SHOD 101* 0* 0* 10/06 12/0 C 13/04 M/ 04 •M.SO
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      671 37 1 BSA iiT Mk MYANMA «BBk five star line V (Myanmar National Line) Loading for Yanjon (Rangoon) Spore P.KIc Pen P.Gdf MYOMA r* A v 155* SJM PAGAN V2I9W to Port MAIATSU AGENTS BOUSHAO SHPPW6 AGENCES HI TEL 02 03-*****00 PHI TU 02 03-*****01 PEN: 18. 02 04 *****02 PCD:
      671 words
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      521 40 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 LINES) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line.) CR NO: **********0E ETHIOPIA* SHIPPIH6 LINES f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vaaail Voy ETA Loading for Spo<« Andlnat 36W8 INPT AObay Wonz 44W8 15AX5 H KIEN HUNG LINE
      521 words
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      Page 40 Advertisements Column 2
      570 40 AFGHANISTAN MAM Afghanistan Ltd., ■yiO HJfl Hairatan, Torghundi, Islamqala (Doqharun) ■nocm C.1.5./RUSSIA: Alma Ata, Ashkhabad. Baku, Dushanbe, a tJi irvr»h Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, mi Inzer muncn Novosobirsk, Sochi, Tashkent, Tbilisi. Vladivostok, Vostochny uaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA ALSO ACCEPTING
      570 words
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      517 40 lllAjta MN CONTAINER LINES, INC I fTTTTj Agents; MAC-NELS SPORE: *****22 <24 UMES) I ~l\~/ I mmimmmmm nu(oM)aiai7> kuciwo(wt)mill PCNANO:(M)«M>M BANGKOK (M2)2MMS7 HAMLA («32) SI2SMI >.KEUWa:((Omt77 JAKABTA.Ot)«Wt«7 HMUYt pi) »W0 I ASIA HKG/TWN/BKKI GENOA/EUROPE I m Z m mSSSSZ, m w »4 25/4 26/4 27/4 HKG/BKK/KEE/KHH iTS./iitm/irt/ii.m/i »h SJ mi
      517 words
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      353 41 m Aa R si ff~\ SINO EXPRBSS SHIPPING (PTI) LTD. MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. m m 1 TEL: *****00 (4 LINES) FAX: *****00 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI STORE HKQ BHAJ VESSEL VOY ETA I ETP ETA ETP ETA I ETP
      353 words
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      1058 41 WW hum *mm jb> ham sou ta mm mtw owt mm. ml %nm ma mm wh mmt m WMj tto MHO 3156 IT.M IIM MM' n.M B7M HH MM 11 M MM NO EUMOMCIK till BM HM 27 M I I K MAAS 1154 M M MM* DM' MM UN
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      1600 42 ■UIiWHiHUWI-i U. S. A. /CANADA 3 TIMES A WEEK MAERSK YOKOHAMA V.9508 ETA SIN 24TH APRIL 1995 MAREN MAERSK V.9504 ETA SIN 26TH APRIL 1995 LUNA MAERSK V 9504 ETA SIN 26TH APRIL 1995 Vessel Voy ETA I ETD DESTINATIONS Nail WN> PANAMA Next Aee* 6TH SIRING uaqcn v M/tf
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      633 42 I MffleLloyd FULL CONTAINER SERV I CES IKMCOMIOt J Milt 1) M 1404 i; M 17~M 1) H14«11 M IS M »o»gu»« Kilt 14 04 iv*4 it 04 nn 11« itni* ou 14 04 n« u.04 M.n *1/0* i» n OIIMIIIC WUO M M 21 04 24 04 24 M
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      801 42 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPORE P KELANG HALIFAX N YORK NORFOLK N ORLEANS SAVANNAH TAMPtCO HOUSTON HOEGH CLIPPER 0228 20/21 Apr 22 Ape 30 May 2 Jun 5 Jun 12 Jun 9 Jun 16 Jun 21 Jun HOEGH DRAKE 0430 8/9 May 2 MayC) 20
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      433 43 ©(sooosfljiisnlffls)©® DGc3 I wMmwmiiSn VWtWL VQT SfOM FU HAM HTM ItH OKK MWOHH.OT ItHATOK j»T»H M/U 14*8 1l*»" 11*8 cownwf la tni\A mm aw iw im vm im» im» dm Mtnc mm t*/%* ?i/W hm» im» CONTtHIf TAHITI )N4 2M4 Mi 2Vf6 24,115 M/M 17/W I MiDtTIRRAWAK IWVICi I VtMiL
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      314 43 NIPPON Arrow Europe (Worldwide Consolidation System) FIXED WEEKLY DEPARTURE ARRIVAL TO: ■TnESEEia ETD S PORE EVERY SATURDAY ETA FELIXSTOWE EVERY TUESDAY ■ZjSXZIiEmi ETD S PORE EVERY THURSDAY ETA ROTTERDAM EVERY SUNDAY (17 DAYS TRANSIT ONLY) Also accepting cargo to all inland points in Europe UK BOOKING/ENQUIRIES:NIPPON EXPRESS (S) PTE LTD
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      399 43 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VtSSfl VOT KMACHI HYPtRABAO 133-HW 2«/04 04/05 ISLAMABAD 134 MW 12/ OS 22/05 SAKGOOHA 155HW 2t/05 05/06 {XX AW 150-HN 30/05 10/06 (V MSO KCVTK [MM! TO MM FAR EAST CONTAINER SERVICE ONLY vessel vor law [kg Ire* Ipso [wag Iron
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      754 43 FULL CONTAINER SERVICE FROM SIN TO MADRAS VCSSCL/VOV ETA SIN ETA MAA MV PESTOVO V.13 17-18/04 23-24/04 MV TIGER BRIDGE V 322N 17-18/04 23 26/04 MV SEA DRAGON V ORGOSI 19 20 04 25 26/04 MV TIGER BAY V 323N 20 22 04 26 30/04 MV TIGER CAPE V 324N
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      309 43 SIN FAR EAST 11/4 KEELUNG/KAOHSIUNG 16/4 BANGKOK 17/4 MANILA/CEBU 15/4 JAKARTA/BELAWAN/SURABAYA 16/4 PORT KELANG/PENANG/E. MALAYSIA 16/4 BUSAN 16/4 TOKYO/YOKO/KOBE/NGO/OSA 15/4 HONG KONG SjN CHINA (+B*±*fen) 15/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU /XIAMEN /SHANTOU/ SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 12/4 LDN/FLX/LVP/SOU 12/4 RDM/HAM /ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Ciech.
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      652 44 STAR SHIPPING AGENCIES (S) PTE LTD ttrwrs FO*. ZIM CONTAINER SERVICE GOLD STAR LINE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (S LINES) FAX: *****70 (C»wo. ioiiihsooooe> N.AMERICA/CARIBBEAN SERVICES ffgREiS, WSSU. ¥0T SM jWUB DOY I£B KSI SA» NYC HH m hw« me 19/4 i n*mca m i»/s ws i/t i/t
      652 words
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      349 44 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN I VESSEL VOY nurn BOM COC SEA GLORY GLRO4I 2W04 07/08 KOTA MO TIARA MUTO27 07/06 16/06 MANASLU 512 12/08 21/06 HO CHI MINH/HAIPHONG I VESSEL VOY SIN HCM HPM HAU GIANG 02 AIIOS 21/04 26/04 VYSOKOGORSK 065V96 25/04 26A>4
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      516 44 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 24 APRIL (Accepting lo all N*w Zealand ports) PENAN6 21 APR JAKARTA 22 APR PORT KLANG 20 APR RANGKOK 23 APR MANILA 23 APR RUSAN 24 APR MELROURNE 28 APR SYDNEY 28 APR RRISBANE 28 APR FREMANTLE 4/5 APR ADELAIDE 4/5
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      867 44 CONSOLIDATION TO BUSAN FIRST FORWARDER IN OFFERING TWICE WEEKLY ,£™Y*?r<?a LCL SERVICE TO BUSAN Hk Call SANISA at DID: 277 1058 for bookings NOW!!! Nan Tel: Fax: Singapore 561 1668 272 9838 INTERNATIONAL SEA FREIGHT Also has offices in:- FORWAMHNG 0* MM MALAYSIA THAILAND PHILIPPINES AK> LOGISTICS SERVICES SK2L HONG
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      1826 45 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R m y.s.n. V——l Hong Kortfl Singapore P. Kttoog Pwwng Oriwitil Sunri— 1 S*l«d SaWd MN to Port S— Gjfcgt 41 S«it«d In Port 31-22/4 Diamond Stof
      1,826 words
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      374 45 (A WHOHY-OWIHO SUBSIDIARY OF NOi) Official Agent of: jPA hilflgP (SEA AIRFREIGHT) tmnwout OMM O INTERNATIONALE SPEDfDON MAIN LINE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETA ETA COLOMBO 24/04 28/04 CHITTAGONG 27/04 04/05 CALCUTTA 26/04 04/05 BOMBAY/NEW DELHI 01/05 08/05 KARACHI 01/05 08/05 MADRAS 24/04 27/04 USA/EUROPE ETD ETA
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      740 45 > II VESSEL VOYAGE EXCHANGE RATES (USS)I II IN OUT IN OUT H| H H CALIFORNIA MERCURY 669 1 4063 1 3982 H II B H NEPTUNE CORAL 20C 20E 1 3982 1 3982 II B| NEPTUNE ALMANDINE 12E 12E 1 4035 1 3982 |l M ANRO FREMANTLE 22N 23S
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      1638 46 AMERICAN PRESIDENT LINES, LTD. 19 KEPPEL HOAO <02-01 JT POH BUILDING SINOAPOWe 020fl MAIN LINE 225-9986 CUSTOMER SERVICE 225 1225 FAX 221 4922 EAGLE VOCE 3gl»4M CFS 27Q TO NORTH AMERICA A CANADA WEEKLY CONTAINERIZED SERVICE |VU»BjVOY«6t IKM iwq PSB JUT S [VtIgUWY/Wt StA SW 10(W [WW [CM IIMH IMOU
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      Page 46 Advertisements Column 2
      2275 46 44._ _-ff AS AGENTS "K" LINE (SINGAPORE) PTI LTD (CD NO: **********0M/GST REG NO: IC-*****99-4) KM TEL *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 I IT MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHO m M I TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 1 INDONESIA F.T. SARANA
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      Page 47 Advertisements Column 1
      493 47 I A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 IPW PKE PGP VESSELS VOY S* RTM AWT LEW HAM BEE I FEI 19/04 21/04 22/04 H. CHALLENGER 315W 24/04 12/05 14/05 12/05 ***** U705 16/05T 26/04 28/04 23/04 H. PIONEER 314* 01/05 19/05 21/05 19/05 21/05
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      Page 47 Advertisements Column 2
      389 47 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE I RORO CARRER SPECIALIZE M HEAVY UFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS Inn leta wa wr m PK io*ow6 FOR ELEGANT PESCADORES I DPI ORANGE BREE2E 232 21/4 BANGKOK 24/4 ALICE 5 23/4 25/4 BATAM 27/4 BRIGHT VEGA 14C 27/4 21/4
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      Page 47 Advertisements Column 3
      587 47 JEDDAH/UK/CONTNENT 'STORE Ito RDAM HBUR6 BOW S TOM LEH *Nm Accept!* Carp Fw SSli? 8 /4 7/5 ,/S 11/5 IJ /5 Southampton :l« aO 101 dttttubon. Bcßait and OuMr lEDLLOTD mm 3105 20/4 0/5 15/5 10/5 15/5 10/5 :to 4 AnOttp hmtnim. Oris. HMrt* MMMEIICS 20/4 14/5 10/5 10/5 20/5
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      307 47 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 29 3.2 3.2 2.8 2.2 1.4 0.8 0.4 0.2 0.2 0.4 1.0 1.8 2.4 2.6 2.6 2.4 1.8 1.4 1.0
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      Page 48 Advertisements Column 1
      0 48 @(.-+:,~;%}<]:^({.+:`<+"{'"*^.\
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      Page 48 Advertisements Column 2
      130 48 I TECHNOLOGY Tomorrow in Business Times NOTICE FAR EAST/WEST AFRICA TRADE CURRENCY ADJUSTMENT FACTOR This is to announce that the major carriers of ocean freights in Far East/West Africa trade, Le., BULKSHIP, CAMSHIP, CMZ, DELMAS, GOLD STAR LINES, KAWASAKI KISEN KAISHA, MAERSK LINE, MITSUI O.S.K. LINES, NEDLLOYD LINES, NNSL, NYK
      130 words