The Business Times, 20 April 1995

Microfilm: NL19831
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE BusinessTimes WE KNOW ASIA MITA(P) 194/12/94 Thursday April 20 1995 85 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow down 12 points
      49 1 Reuter NEW YORK Blue chip stocks fell on fresh profit-tak-ing yesterday. At 1 pm EDT, the Dow Jones industrial average was off 12.45 points at 4,166.68. In the broader market, declines led advances 12-7 on trading of more than 216 million shares on the NYSE.
      Reuter  -  49 words
    • Article
      Lock icon ING unhappy over delay in Barings probe
      47 1 Reuter AMSTERDAM Dutch ING yesterday admitted mounting frustration at the Bank of England's slowness in reporting on the collapsed of British merchant bank Barings and said it could be forced into unilateral action if the probe took much longer. Reuter
      Reuter  -  47 words
  • Article
    MARKET SUMMARY
    171 1 Stock market indices Wednesday Change STII 2,035.67 -15.42 KLSE Comp 963.82 -0.48 Nikkei 16.376.08 +150.97 Hang Seng 8,581.86 -63.11 SET Index 1,158.78 -19.05 Jakarta Comp 414.21 -0.75 Manila Comp .....2,477.86 +0.23 Taipei WPI 6,109.6 -3.04 Seoul Comp 909.86 -7.20 Bombay BSE30 ..3,393.53 -27.86 CLSA China B 795.05 -1.39
    171 words
  • Article, Illustration
    Lock icon Tokyo fury over US inaction mounts as $ hits new lows
    590 1  - Tokyo fury over US inaction mounts as hits new lows From Anthony Rowley, Neil Berhmann in LONDON THE US dollar continued to slide yesterday, touching new all-time lows against the yen and the German mark, as the war of words between Tokyo and Washington over the currency crisis escalated to
    Source: Bloomberg  -  590 words
  • Article
    Asian stocks slip but Tokyo bucks trend
    198 1 SINGAPORE Regional stocks yesterday continued to track the fortunes of the US dollar, which sank to yet another record low of 79.75 yen in early Tokyo trading. In Singapore, brokers reported heightened caution among their clients after the Straits Times Industrials Index lost
    198 words
  • Article, Illustration
    Lock icon S$ closes at new high of S$1.3915 against US$
    489 1  -  By Paul Leo SINGAPORE The Singapore dollar ended at a record high of 551.3915 against the US dollar in Asian trading yesterday. A currency dealer said the local unit went as high as S$ 1.3907 in the morning, before settling in
    Source: Bloomberg  -  489 words
  • Article
    MTV to sell half of Asian operations to Polygram
    620 1  -  By Catherine Ong SINGAPORE In a move that could lead to greater polarisation in the global music industry, MTV Networks announced yesterday it had agreed to sell half its interests in its Asian operations to record giant Polygram NV. The move
    620 words
  • Article
    Bombay court rejects Pillars request for anticipatory bail
    370 1  -  From K P Nayar in NEW DELHI A TWO-MEMBER bench of the Bombay High Court yesterday rejected a request by fugitive businessman Rajan Pillai for anticipatory bail to avoid arrest by the Central Bureau of Investigation (CBI). But the judges ruled that
    370 words
  • Article
    S'pore, Manila fail to resolve differences in autopsy reports
    480 1  -  American experts agree with Singapore's findings From Al Labita in MANILA SINGAPOREAN and Filipino pathologists yesterday failed to resolve their differences in their autopsy reports on murdered Filipina Delia Maga, setting the stage for a new autopsy to be done by
    480 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Shopping maul wounds retailers
        322 2  -  By Ven Sreenivasan RETAIL sales figures for February show the slide that began in Mareh last year has resumed, after a brief break during the Christmas and New Year-Lunar New Year period. The latest figures, released yesterday by the Department of Statistics, show sluggish sales in
        Source: Dept of Statistics  -  322 words
    • Article, Illustration
      Lock icon Hotel Prop's winning formula: clothe oneself, eat, live and travel
      636 2  -  STPB's 10th Tourism Awards By Agnes Wee Source: STPB "CLOTHE oneself, eat, live and travel" the four basic necessities of life according to the Chinese plus a dash of creativity and imagination. These were the ingredients that won Hotel Properties
      Source: STPB; Photo by Arthur Lee  -  636 words
    • Article
      URA to sell 18 shophouse parcels in Chinatown
      188 2 THE Urban Redevelopment Authority is selling 18 parcels of unrestored conservation shophouses in Chinatown by auction and public tender. The shophouses offered on 99-year leases are in Pagoda Street. The upper floors of the buildings can be used for commercial, institutional or
      188 words
    • Article
      Lock icon Chemical spill at HP; staff evacuated
      68 2 Reuter ABOUT 1,500 workers at a Hewlett-Packard plant in Depot Road were evacuated yesterday after a chemical spill. The company said three people were taken to hospital with breathing problems and nausea, but there were no serious injuries. Civil Defence experts later neutralised the
      Reuter  -  68 words
    • Article
      CAM Mechatronic to focus more on spindle motor business
      361 2  -  Plan for it to contribute 20-30% to revenue within three years By Claire Leow MAINBOARD-LISTED components manufacturer CAM Mechatronic aims to raise the contribution of its fledgling spindle motor business to the company's revenue to 20-30 per cent within three years.
      361 words
    • Article
      Swiss firm to invest $40m in Singapore
      169 2 THE ESEC Group is investing Ss4o million here over the next three years to transfer development activities from its Swiss headquarters and start assembly work here, the company announced yesterday. The ESEC Group manufactures assembly equipment for the semiconductor industry and has a
      169 words
    • NEWSROUNDUP
      • Article
        Farrer Road HDB flats to be upgraded
        70 2 OWNERS of Housing Board flats in the Farrer Road precinct have given the green light for an upgrading programme in their area. A total of 96 per cent of owners in seven blocks voted for the standard upgrading package. They also voted to
        70 words
      • Article
        Exhibition on networking products
        53 2 NETWORK Asia9s, an international networking exhibition and conference, will be held from May 2 to 5 at the Singapore Suntec Centre. About 150 companies, 58 per cent of which are from overseas, will be taking part in this event which features the latest technology in networking
        53 words
      • Article
        Seminar to help retirees
        127 2 THE People's Association Retirees' Club (FARC) and the Serangoon Gardens Community Club's Senior Citizens' Club will organise a seminar on "How to Plan and Enjoy Your Retirement" on May 21 from 8.30 am to 12.30pm. The seminar, which will be conducted in English, is held at
        127 words
    • Article, Illustration
      First local art museum in cyberspace launched
      167 2 Internet users have chance to view works of local artist Lin Hsin Hsin SINGAPORE'S first art museum in cyberspace was launched yesterday, giving over 30 million Internet users worldwide the opportunity to electronically sample the works of local artist Lin Hsin Hsin. Users
      167 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      132 2 m m* Finest Scotui Wiisiw ENBLOC SALE ONLY* 16 STRATA UNITS ON TWO FLOORS Ideal for investment or owner occupation i££9 11 1n "^j a m na a a a a 31M CQ Subject Premises sth 6th storey of Amtecti Building Location Sin Ming Road Total Area Available Approx 90,000
      132 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Newspapers in firing line in hustings war of words
      467 3  -  Elections 95 By Ho Kay Tat KUALA LUMPUR Temperatures are rising at the halfway mark to the general elections, and newspapers are getting caught in the crossfire. Opposition leader Lim Kit Siang, who is adept at political dramatics, set fire to
      AFP  -  467 words
    • ELECTION SNIPPETS
      • Article
        Lock icon Kit Siang on Mahathir's threat
        92 3 Reuter KUALA LUMPUR Malaysia's opposition leader Lim Kit Siang yesterday said he was prepared to be detained after Prime Minister Mahathir Mohamad threatened action against him for allegedly defying police and stirring racial tensions. Dr Mahathir said on Tuesday that the authorities would act against
        Reuter  -  92 words
      • Article
        Lock icon 'PAS can take Terengganu'
        49 3 Reuter KUALA TERENGGANU Parti Islam Malaysia (PAS) could capture the oil-rich state of Terengganu in the Malay heartland as infighting has weakened the ruling National Front, say politicians and analysts. The PAS could capitalise on a rising tide of rural islamic sentiment, they said. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Malays should back Umno: Anwar
        66 3 Bernama KUALA TERENGGANU Deputy Prime Minister Anwar Ibrahim yesterday said Malays should support the United Malays National Organisation to boost its strength as it is the only party that can promote Islam and protect the Muslims in the country. He said Umno never abused its
        Bernama  -  66 words
    • Article
      Lock icon UN agency signs accord to help Vietnam with urban planning
      176 3 Reuter HANOI A United Nations agency yesterday signed an agreement with Vietnam to provide U*****,000 (*****,000) to improve urban planning and management of Vietnam's cities. The United Nations Devel- opment Programme (UNDP) said the project would help government agencies to
      Reuter  -  176 words
    • Article
      Lock icon KL-backed firm in Cebu bets on Asia's newly affluent
      336 3 Reuter MANILA The central Philippine city of Cebu could become the Las Vegas of Southeast Asia if a Malaysian-backed company has its way. Waterfront Philippines Inc. a 75-per cent-held subsidiary of Malaysia's Waterfront Amusement and Gaming Ltd, hopes to cash in
      Reuter  -  336 words
    • Article
      Lock icon Investments in former Clark air base hit 7b pesos
      195 3 AFP MANILA Investments in a former United States military base north of Manila have reached 7.2 billion pesos (SS3B4 million) as of March, the agency transforming the area into an economic zone said yesterday. The investment in the former Clark air
      AFP  -  195 words
    • Article
      Lock icon Ramos blasts Philippine media for sensationalism, politicians for trivia
      200 3 AFP MANILA President Fidel Ramos, in a speech at the National Press Club (NPC), chastised the Philippine media for sensationalising trivial issues and criticised politicians for wallowing in gimmickry ahead of the congressional elections. "Many of you define public interest as
      AFP  -  200 words
  • Page 3 Advertisements
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon M$ to remain firm against the US dollar in the near term
      458 4  -  From Ruth Wong in KUALA LUMPUR THE Malaysian ringgit, which touched a nine-year high of M 52.45 to the US dollar on Monday, is expected to remain firm, dealers and analysts said. "Depending on the behaviour of the
      Source: Bloomberg  -  458 words
    • Article
      Lock icon Greenback drags Australian dollar to a new low against yen
      346 4 Bloomberg Business News CANBERRA The Australian dollar, caught in the slipstream of a plunging US dollar, fell to a post-war low of 59.16 yen, traders said. The previous intraday low of 59.60 yen was reached on April 10. "The Aussie
      Bloomberg Business News  -  346 words
    • Article
      Thai companies take advantage of cheaper US$ to repay loans
      444 4  -  Turmoil in currency markets From Loh Hui Yin in BANGKOK TAKING advantage of the cheaper US dollar, more Thai companies are borrowing it to repay their other more expensive loans, including earlier US dollar loans, as the Thai baht rose
      444 words
    • Article, Illustration
      Lock icon Doleful dollar means happy holiday
      55 4 Reuter TOKYO A Japanese housewife smiling yesterday as she holds thick layers of US dollar notes, just exchanged from Japanese yen as she prepares for a trip to US with her husband. She appeared very happy with the exchange thanks to the greenback's new post-war
      Reuter  -  55 words
    • Article
      Lock icon Manila seeks new loan plan from Japan
      143 4 UPI MANILA The Philippines is negotiating with Japan's Overseas Economic Cooperation Fund (OECF) for a new system of disbursing loans because of the appreciation of the yen against the US dollar. The Central Bank yesterday said the Philippines' USS9.4I billion (SSI3 billion) in
      UPI  -  143 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      278 4 ,*B O N *6 "R A T 4S L <A T 4 O N S (restaurant pub the restaurant with a difference ON THEIR OFFICIAL OPENING At 180 Albert Street #01-23 ALBERT COURT Tel: *****83 Fax: *****85 i 1 Of all Peranakan traditions, it is the cuisine that has become
      278 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon US seeks to phase out subsidies on farm exports to China
      427 6 Reuter HONGKONG The United States aims to phase out subsidies on agriculture exports to China, requiring Beijing to pay the market value for imports. US Undersecretary of Agriculture Eugene Moos yesterday said: "There is concern in our government and
      Reuter  -  427 words
    • Article
      Lock icon Sino-US copyright deal extended to EU, says Brittan
      324 6 Reuter BEIJING China has given the European Union the same intellectual property protections as pledged to the US. European Commission vice-presi-dent Sir Leon Brittan told reporters yesterday. Sir Leon said winning greater market access to China was another major demand during his
      Reuter  -  324 words
    • Article, Illustration
      Lock icon Mating of two cultures
      82 6 AFP BEIJING Chinese installation artist Xu Bing printing characters on a live pig earlier this month for an art work called Cultural Pigs. Mr Xu, whose works feature Chinese characters that he makes up, covered the body of one pig with his fake characters and the
      AFP  -  82 words
    • Article
      Lock icon China drafts policies on infrastructure projects
      230 6 Reuter BEIJING China has drafted policies to guide overseas investment in infrastructure and other primary industry sectors and could allow build-operate-transfer projects, Xinhua news agency said yesterday. The policies have been completed and will be promulgated after approval by the State Council, or cabinet,
      Reuter  -  230 words
    • Article
      Suzhou township factory developer gets US$28m loan
      222 6 SINGAPORE SingaporeSuzhou Industrial Holdings Pte Ltd (SSIH), which is building factories in the Chinese city of Suzhou, has secured a US$2B million (5539.2 million) loan from Overseas Chinese Banking Corporation. The loan will be used to help pay the cost of developing factories
      222 words
    • CHINA
      • Article
        Lock icon Chinese lapping up computers
        76 6 Knight-Ridder BEIJING China's market for computers will continue growing at a rate of 25 per cent a year until the end of the decade, when sales are expected to reach 150 billion yuan (5524.6 billion). The official China Daily yesterday quoted Qu Weizhi, vice-minister of the
        Knight-Ridder  -  76 words
      • Article
        Lock icon HK confirms local communist cell
        96 6 AFP HONGKONG Hongkong yesterday officially confirmed the presence of a Chinese Communist Party cell in the British colony, but added that it saw no reason to take action against it. The Hongkong and Macau Work Committee is reputed to act as the local branch of
        AFP  -  96 words
      • Article
        Lock icon China to lift foreign film quota
        79 6 AFP BEIJING China has decided to lift its quota on foreign film imports while brushing aside concerns that overseas blockbusters will hurt the ailing domestic movie industry. As well as lifting the quota which has stood at around 60 films a year the director
        AFP  -  79 words
      • Article
        Lock icon Beijing acts against migrant workers
        73 6 Reuter BEIJING China has told Beijing employers that under new rules to take effect in July they cannot hire migrant labour without a special permit. The Xinhua news agency said on Tuesday that the order was part of a raft of rules adopted by the
        Reuter  -  73 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      348 6 BUSINESS TIMES LIFESTTLE EXCLUSIVE TRACK SUBARU'S MILESTONES OF SUCCESS... TO THE WORLD RALLY IN SPAIN! z m M,swt TjWr TOP PRIZE 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
      348 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      550 7 HERE'S THE OPPORTUNITY. 1 Sill The SundayTiines |||j Ffii ration Ministry seas iBW 'P. imonitoring discipline_^^ 1 can be used from Janlg^jmi|ggM■■ to 81 ca s^ i NOW, HERE'S YOUR TICKET. J f ~dent fund Board J cT'.,, COMMM fc*> v.." WtrMDKHusi n.i» A 8 A £**>*-T^l £.-rv^S?} Wpft* a
      550 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      304 8 Your office in Hong Kong says your office in China never sent a fax confirming the multi-million dollar contract, but your office in China says it did. I pawriSini' '"V .T^hr. f\ I y«f v V What do you do? Inadequate communications infrastructure in many of Asia's reach even the
      304 words
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  • ASIA
    • Article
      Senior managers' pay exceeds fresh grads' by up to 7.7 times in Asia
      408 9  -  Reports by Chuang Peck Ming SINGAPORE The earnings gap between senior managers and fresh graduates in Asia ranges from a low 2.4 times to a high 7.7 times, says management consultants Corporate Resources Group. In Indonesia, senior
      408 words
    • Article, Illustration
      Lock icon Chemical engineers get highest starting pay
      182 9 SINGAPORE Chemical engineers have a head-start in the earnings league in Singapore. They command the highest starting pay among university graduates. Corporate Resources Group says chemical engineering degree holders kick olf with an average pay of $2,547 monthly. $621 more than an arts or
      Source: CRG  -  182 words
    • Article
      Lock icon IFC seeks to help more Aussie firms invest in Asia
      291 9 Reuter WASHING I ON The International Finance Corp (IFC). the private sector financing arm of the World Bank, is seeking to help Australian companies invest in projects in Asia. "We feel that Australian business is well-positioned to expand in Asia,"
      Reuter  -  291 words
    • Article
      Lock icon Aussie police probe major share scam
      159 9 UPI PERTH A multi-million-dollar shares racket, believed to have included illegal trading in seven of Australia's biggest companies, has triggered a major investigation. Police yesterday said a joint investigation was launched by the Australian Securities Commission. the West Australian Fraud Squad and the Australian
      UPI  -  159 words
    • Article
      Lock icon Solomon Islanders held over bid to block M'sian logging firm
      310 9 AFP HONIARA, Solomon Islands Police and defence force personnel have detained 56 islanders carrying knives and axes who were on their way to try and stop a Malaysian company from stripping their island of timber, a radio report said yesterday.
      AFP  -  310 words
    • ASIANOTES
      • Article
        Lock icon N Korea faces food shortage: official
        79 9 AP SEOUL North Korea will face its worst food shortage this summer unless it gets outside help. A South Korean agricultural expert yesterday said food reserves in the North had hit bottom and the isolated communist country lacked the funds to buy grain from
        AP  -  79 words
      • Article
        Lock icon Canberra assures PNG of support
        84 9 Reuter CANBERRA Australia has assured Papua New Guinea's cash-strapped government of financial support while it negotiates a rescue package with the International Monetary Fund (IMF). Australian officials yesterday said Prime Minister Paul Keating gave the assurance at a hastily arranged meeting with Papua New Guinea
        Reuter  -  84 words
      • Article, Illustration
        Lock icon A swig in memory of a swagman
        59 9 Reuter WINTON, Australia Campbell Irving, one of Australia's last 'swagmen', taking a drink from his water-bag after completing a 200-km waJk to this town to join the centenary celebrations marking the first public performance of Waltzing Matilda. Australia's unofficial anthem tells the story
        Reuter  -  59 words
      • Article
        Lock icon Vietnam to protect rice fields
        86 9 AFP HANOI Vietnamese Deputy Premier Phan Van Khai has reassured the National Assembly that the government will protect rice fields from the urban sprawl spreading out across the country. The Vietnam News Agency yesterday quoted Mr Khai as saying grain production would remain a priority
        AFP  -  86 words
      • Article
        Lock icon Expected aid pledges for Sri Lanka
        65 9 Reuter COLOMBO Sri Lanka can expect pledges of about US$7OO million (Ss9Bo million) in aid this year from donors at next week's Paris Aid Group meeting. Roberto Bentjerodt, a senior World Bank official, yesterday said: "The requirement is US$2 billion over three years but
        Reuter  -  65 words
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      Page 9 Advertisements Column 1
      108 9 COSTUME JEWELRY from on Lanka v trom Hong Kong >^r fl H v i LEATHER JACKET T# /rom Korea 1 v ELECTRONIC WATCH /rom Malaysia r/ m LEATHER BELT COTTON SHIRT from the from SILK STOCKINGS LEATHER SHOES from Thailand H /rom Ifyou see it on the runways in New
      108 words
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  • THE WORLD
    • WORLDWATCH
      • Article
        Lock icon US info tech revenue put at US$646b
        90 10 Reuter WASHINGTON Worldwide revenues for the US information technology industry were U*****.9 billion (*****.4 billion) in 1994, up nearly US$44 billion from 1993 and more than US$5 billion above the projection of the Information Technology Industry Council, the trade group said. It said
        Reuter  -  90 words
      • Article
        Lock icon Want to be a cosmonaut?
        93 10 Reuter MOSCOW Russia's cash-strapped space industry is opening its doors to foreign tourists, offering basic training in how to be a cosmonaut at a cost of up to U557,500 (S$ 10,430), Itar-Tass news agency said yesterday. It said about 100 foreigners had already joined the
        Reuter  -  93 words
      • Article
        Lock icon Hungary's privatisation woes
        65 10 Reuter BUDAPEST Hungaiy has decided to go ahead with the privatisation of its electrical utility but has also decided to hold back a larger stake for the state than planned. Minister of Industry Laszlo Pal said. The decision follows months of political wrangling. The privatisation of Magyar
        Reuter  -  65 words
      • Article
        Lock icon Airwave licence row resolved
        66 10 Reuter SAN FRANCISCO A legal challenge to the US Federal Communications Commission's plan to reserve some of its airwave licences for small minority and women-owned businesses has been lifted. Telephone Electronics Corp, the plaintiff, announced a deal with PCS PrimeCo a major winner of the FCCs
        Reuter  -  66 words
    • Article
      Lock icon Japan wants motor deal with US but will not be threatened
      447 10 KnightRidder TOKYO Japan wants a motor trade accord with the United States, but is ready to join the brinkmanship game as both sides edge toward taking the snarled case to the World Trade Organisation. Kyodo news service reported trade
      Knight- Ridder  -  447 words
    • Article, Illustration
      Lock icon Blast at US govt building kills 18
      120 10 AFP UPI Reuter OKLAHOMA CITY, Oklahoma An explosion believed to be caused by a bomb shattered a downtown federal office building yesterday, blowing out a huge chunk of the nine-storey structure and killing at least 18 people. At least 200 people were injured
      AFP; UPI; Reuter  -  120 words
    • Article
      Lock icon Clinton news conference shows how much power has shifted to Congress
      359 10 AP WASHINGTON US President Bill Clinton on Tuesday night declared his relevance to the political debate in Washington and called on Republicans to work with him during a news conference that offered a stark reminder of how much power
      AP  -  359 words
    • Article
      Lock icon Europe, N America should form free trade area: Bonn
      249 10 Reuter BONN Europe and North America should unite to form a trans-Atlantic free trade area, or Tafta, German Foreign Minister Klaus Kinkel said yesterday. Addressing Chicago's Council on Foreign Relations, he urged the United States not to turn in on itself
      Reuter  -  249 words
    • Article
      Lock icon Gulf states in bid to forge new foreign economic ties
      294 10 AFP ABU DHABI Key ministers from six Arab oil states will meet next month to try to forge a new economic relationship with Japan and other industrial giants to acquire technology and promote non-oil exports, officials said yesterday. The ministers
      AFP  -  294 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      258 10 Also available In 4.0 Are. How can you escape from work in A 4.6( V 8 fuel-injected engine Dual air-bags are standard and a host of the car you drive to the office? smoothly delivers all the power and other thoughtful refinements have been Break free. Let your spirit roam
      258 words
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  • SPORTS
    • Article, Illustration
      Lock icon NFL legend Montana calls it a day
      703 11 AFP SAN FRANCISCO American football star quarterback Joe Montana retired here on Tuesday, telling a crowd of 25,000 he needed to awaken from a dream-like career and move ahead with his life. Montana's starring role in four Super Bowl triumphs is unmatched in
      AFP; Reuter  -  703 words
    • SIDELINES
      • Article
        Lock icon Graf takes four-week break
        132 11 AP FRANKFURT Top-ranked Steffi Graf says she is taking a four-week break from tennis to avoid burning herself out and to stay healthy. In an interview with the Spori-Bild magazine released on Tuesday, Graf said she would return at the May 15-21 German Open in Berlin.
        AP  -  132 words
      • Article
        Lock icon Walker out of rugby union World Cup
        105 11 AP CARDIFF Former Olympic hurdler Nigel Walker was the surprise omission on Tuesday from the Welsh squad for the rugby union World Cup. The winger, who scored three tries against the Barbarians on Saturday, returned to action only recently after dislocating a shoulder
        AP  -  105 words
      • Article, Illustration
        Lock icon Mansell getting set for San Marino
        116 11 AFP SILVERSTONE, United Kingdom Britain's Nigel Mansell testing his rebuilt Mercedes McLaren on Tuesday at the racetrack here. Mansell. who missed the first two Grand Prix of the season after complaining the cockpit of the MP4-10 was too small for his sturdy frame, appears
        AFP  -  116 words
      • Article
        Lock icon Magic Johnson seeks Olympic return
        127 11 AFP LOS ANGELES Magic Johnson, who retired from the National Basketball Association in 1991 with the virus which causes Aids, wants to play for the US in the 1996 Olympics, his agent said on Tuesday. "He feels as good as ever," said Don Rosen. "He
        AFP  -  127 words
      • Article
        Lock icon Steve Davis beaten in first round
        93 11 AFP SHEFFIELD Six times world champion Steve Davis was beaten in the first round of the World Snooker Championships here. Davis lost 10-7 to Devon's Andy Hicks who was making his debut at the Crucible. Davis, seeded No 2, trailed 6-3 overnight and lost
        AFP  -  93 words
    • Article
      Lock icon A champ at riding the waves of controversy
      575 11 America's Cup Reuter SAN DIEGO If there is one thing definite about America's Cup defending champion Bill Koch, it is that nothing is definite. Or, for that matter, nothing is politically correct, consistent, popular or sometimes even very rational. But being the
      Reuter  -  575 words
    • SCORECARD
      • Article, Illustration
        Rugby
        72 11 CARDIFF, Wales Welsh squad for the World Cup in South Africa from May 25 to June 24: Backs Anthony Clement. Adrian Davics, Dai Evans, leuan Evans, Steve Ford, Mike Hall, Neil Jenkins. Robert Jones, Andy Moore. Wayne Proctor. Gareth Thomas, Justin Thomas. Forwards Mark Bennett, John Davies, Stuart Davics,
        72 words
      • Article, Illustration
        Basketball
        222 11 NEW YORK NBA Tuesday: Detroit 85 Cleveland 76; Minnesota 94 Utah 113; San Antonio 107 Denver 96; Dallas 104 LA Clippers 91; Phoenix 111 Sacramento 101; Golden State 103 Portland 102; LA Lakers 97 Seattle 113. Standings (W I, Pet GB; jrclinched conference title, x-clinched playofT berth) Eastern Conference.
        222 words
      • Article, Illustration
        Soccer
        50 11 PARIS lefa Cup second-leg semi-finals Tuesday: Parma (Ita) 3 (Asprilla 4, 55, Zola 67) Levcrkuscn (Gcr) 0 (Parma win 5-1 on aggregate); Borussia Dortmund (Gcr) I (Cesar 10) Juvenilis (Ita) 2 (Porrini 6. Raggio 31) (Juvcntus win 4-3). Two-leg final between Juvcntus and Parma on May 3 and 17.
        50 words
      • Article, Illustration
        Tennis
        232 11 HONGKONG Hongkong Open Ist rd Tuesday: 2-Waync Fcrrcira (SA) b Jeremy Bates (GB) 7-5 6-4; 6-Alcxandcr Volkov (Rus) b Ofer Scla (Isr) 6-3 6-3; I-Michael Chang (US) b Jakob Hlasck (Swi) 6-1 6-3; 3-Jim Courier (US) b Yong IIYoon (SK) 6-2 6-4; 5-Jonas Bjorkinan (Swc) b Marcos Ondruska (SA)
        232 words
    • Article
      Lock icon China takes swing at land-gobbling golf courses
      281 11 UPI BEIJING The proliferation of golf courses to indulge the whims of increasingly affluent Chinese was criticised yesterday for gobbling up too much land and posing risky investments. With seven standard courses under construction in the booming eastern city of Suzhou and another
      UPI  -  281 words
    • Article
      Lock icon Italians sew up Uefa Cup final after beating Germans
      204 11 AFP PARIS The Uefa Cup final became an all-Italian affair when Juventus and Parma saw off their German rivals in their second-leg semi-final matches on Tuesday. Parma were first into the final when they beat Bayer Leverkusen in Italy 3-0 with
      AFP  -  204 words
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      Page 11 Advertisements Column 1
      332 11 MRBline ENGLISH NUMBER Children's Funland The Ash Grove 910 0001 Usborne Book Line Fairy Nuff 910 0002 Horse Racing Results 911 0001(*) 4D/Sweep/Toto I Toto Draw No 965 911 0002(*) Tele-Games Mrs Wizards's Crystal Ball 9 A 911 0003 Crack The Safe Mensa Line Puzzles In STLife( 14/4) A 911
      332 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      53 12 'i l:f^ <-. ilirf' -i= rtßr rrn "c ~ral THE ULTIMATE DRIVING MACHINE. ENGINEERED TO MOVE THE HUlfflMMffiß .'v Jtk c J.J&t tttHK*<y. ajftv "'-k r%r■ >I,'. x. £-TiW®'' -"y I-- S-Sj7 >! V'sf ;V C i y 7 -A V-' X A 8 Audl 55 5 y V'jf >•
      53 words
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  • Innovation & Technology
    • Article, Illustration
      Saving harvests with genetic engineering
      924 13  -  Singapore has taken a major step in agricultural biotechnology with the launch of the Institute of Molecular Biotechnology on Tuesday. Pek Tiong Gee learnt more about this field of research when he spoke to Swiss scientists involved in agricultural biotechnology Pek Tiong Gee Millions of
      924 words
    • INTAKES
      • Article
        Lock icon Major superconductivity breakthrough
        101 13 AP LOS ALAMOS, New Mexico Scientists at the Los Alamos National Laboratory have created a new kind of superconducting film that can carry 100 times more current than any material of its kind. The research could speed development of a host of hyper-tech devices from magnetically levitated
        AP  -  101 words
      • Article
        Lock icon Coffee may be cancer fighter: study
        95 13 Reuter HAMBURG Scientists at a conference in Japan last week produced evidence coffee may protect against cancer, German coffee association DKV noted. Frieder Rotzoll. DKV's managing director, said a Swiss paper at the conference demonstrated how major coffee lipid components may favourably alter the
        Reuter  -  95 words
      • Article
        Lock icon New improved disc format from Pioneer
        93 13 Reuter TOKYO Pioneer Electronic Corp said it has developed a write-once optical disc that can record 3.2 gigabytes of data, five times as much as the recording capacity of read-only compact discs (CD-ROMs), on each side of the five-inch disc. The new system is
        Reuter  -  93 words
      • Article
        Lock icon Strides in the study of friction
        109 13 UPI SAN FRANCISCO Measuring friction on a level where the human hair appears gargantuan may improve computer disk drives 400-fold, scientists who calculated the resistance of an atom as it rubs against another said last week. The researchers used revolutionary techniques that are rewriting
        UPI  -  109 words
      • Article
        Lock icon A small step to starving a tumour
        121 13 Reuter WASHINGTON Scientists reported on Tuesday another advance in their attempt to learn how to cut off the blood supply to cancerous tumours in lab animals. The new research centres on Interleukin 12, which is already in preliminary clinical tests in humans as
        Reuter  -  121 words
  • The Law Page
    • Article, Illustration
      When derivatives go awry, whose baby is it?
      1250 13  -  By Ian Harvey-Samuel The writer is a partner at Allen Overy, Singapore, who advises a number of banks on the documentation of OTC derivative transactions IT SEEMS that every day the newspapers report another case of losses on so-called "derivatives transactions". How
      1,250 words
    • Article
      Take action against thugs who beat up photographers
      167 13  -  By Conrad Raj LIKE Straits Times reader James Ranasinghe Junior, I was disgusted by the lack of follow-through by the police after the beating up of Hongkong photographer Anthony Dickson outside the Church of the Sacred Heart in Tank Road. Mr Dickson
      167 words
    • Article
      Comings and goings at local law firms
      337 13 atthe bar *jl THE MUSICAL chairs in the legal world goes on as partners continue to leave their current firms to start their own offices. The Wong Partnership is barely six months old and already about a dozen lawyers have left the firm,
      337 words
  • Page 13 Advertisements
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      393 14 This BUD's For You.® TH€ MOST RUTH6NTIC ITALIAN PftSTfl PtZZfl IN TOWN T!**> All Pasta Lovers! New Outlet J %VHH|r/ flll-TIME ITALIAN FAVOURITES... TjIBRfR TO THE EASTJk PASTA FRISCA DA SAIVATORI PTI LTD SjSjt 30 loot Quay $(0104) (Oft* 24 HOUB) U: *****13/ *****10 It to <014M3 Wdl Ilw* led
      393 words
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      Page 14 Advertisements Column 2
      292 14 8 EXOTIC CUISINES FOR JUST ONE PRICE. hfe $16.80 for lunch. Or $19.80 for dinner. To (^OTOUSd get a seat, we advise you to call 737 2911 Ext 2868 early for a reservation. Prices subject to 10% service charge. 1 cess 3% GST Sinjjpurr 1024 Secretaries Week! 24 28 April
      292 words
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      Page 14 Advertisements Column 3
      406 14 WHERE TO WINE, DINE AND ENTERTAIN r VIETNAM IT'S AS SENSATIONAL AS YOU IMAGINED IT TO BE Dont' just imagine Come experience the j|a sensational of Vietnam ft in Cafe Plaza Serving W a Vietnamese lunch and dinner buffet at $19 (Adult) Wf and $12 (Child) A la carte Vietnamese
      406 words
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      Page 14 Advertisements Column 4
      332 14 =->^51 Jancy '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 lIUIIC of set menus, and "Beijing specialities D|J|/\ such as "Beijing "Due"Balked Tench and ■KSI < *C "Marinated Lamb, fancy some
      332 words
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  • LIFESTYLE
    • Article, Illustration
      A bitter Irish harvest from the haunting memories of war
      512 15  -  Singapore International Film Festival Susan Tsang is impressed by some excellent acting in Broken Harvest, a tale set in a quiet village where all is not as it seems Susan Tsang A BROKEN Harvest is what happens when a crop
      512 words
    • CHATTERBOX
      • Article
        Lock icon Batman or Todd Oldham Forever?
        192 15 UPI UPI TODD OLDHAM, one of the most talked-about young American fashion designers, has been taken up by Hollywood. Warner Brothers has signed Oldham, known for daring "Downtown" fashions, to design a collection of clothing and accessories for Batman Forever, starring Val Kilmer, Nicole Kidman,
        UPI  -  192 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      323 15 WHERE TO WINE, DINE AND ENTERTAIN It's now performance time for aspiring singers-to-be. Indulge in English, Mandarin, and Cantonese Karaoke at NO EXTRA COVER CHARGE! Happy Hours 5.00pm to B.oopm (50% off standard drinks) InH J /fa/ Vklwm Strii NriMf «ia Vat «71t T«4 2548 I Wtw+tt of fmr tw
      323 words
    • Advertisement
      Page 15 Advertisements Column 2
      25 15 «r~ «SBB^™isii2L BOOK NOW for the KTV Rooms special promotion (For reservation please call *****36) Choreographed dance cum fashion show tonight! Singapore 1130 Tat: *****36
      25 words
    • Advertisement
      Page 15 Advertisements Column 3
      32 15 f JUST CALL 1800-737-1166 Make the connection through The Straits Times Classified when you're looking for bargains or c looking for "*3% customers. Just give us J a call. CAT s -l
      32 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1210 15 TV RADIO > who finds his hands full when f he's with three young char- H tWTj ges after the sudden deaths of W -IC| his brother and sister-in-law. ~pM» Over 20.000 years ago man be- V gan from ship has man's best friend en- paradoxes: flu£a worship them and
      1,210 words
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  • Article
    China and the Spratlys
    509 16 EDITORIAL IF THE line of a pro-Beijing magazine in Hongkong is to be believed. South-east Asia and the Pacific will soon be in for a bloody clash with China over the Spratlys. W ide Angle, a Hongkong monthly reportedly with close links to the Chinese military,
    509 words
  • WHAT THE OTHERS SAY
    • Article
      Truth will set Filipinos free
      455 16 SINGAPORE has acceded to Philippine President Fidel Ramos' request to send two pathologists to examine the remains of the murdered Filipina maid, Mrs Delia Maga, even though Prime Minister Goh Chok Tong had said, rightly, that the examination should be held at a neutral venue,
      455 words
    • Article
      The challenge facing Apec
      173 16 WHEN opening the Apec finance ministers' meeting last Saturday, Indonesian Vice-President Try Sutrisno warned that it will be hard for Apec countries to create a free and open market in the year 2020 if monetary instability continues to persist in the region. The focus of the
      173 words
    • Article
      China's crucial test
      172 16 DENG XIAOPING's departure will only be a matter of time. But the path China has taken towards reform and openness has long been laid down and there can be no turning back. The Chinese leadership led by President Jiang Zemin has also become a political reality. China
      172 words
    • Article
      Discrimination against Asean
      218 16 BECAUSE of its success and achievements, especially in trade, Asean policies have come to be closely scrutinised by many developed countries and trading nations. A case in point is the fact that Asean never fails to be mentioned in any of the world trade reports or in
      218 words
    • Article
      Iraq shooting its own foot
      146 16 THE OFFICIALS of the Iraqi government sometimes seem to dwell on two separate planets or at least in two warring worlds. For a short while, it appeared the regime was gaining some sympathy against the heavily punitive economic sanctions imposed after its invasion of Kuwait
      146 words
    • Article
      China's anxiety over HK
      188 16 IT IS absolutely no criticism to say that Kwong Ki-chi. Hongkong's Treasury Secretary, had nothing dramatically new to reveal to his audience when he spoke at the Apec meeting of finance ministers in Bali. Indonesia. yesterday. The central theme of his message must have been familiar
      188 words
  • Article, Illustration
    A policy hard to defend
    1095 16  -  The Assistant US Trade Representative explained his country's trade policy at a recent meeting with journalists. Vikram Khanna finds he's still unconvinced on some issues Vikram Khanna Some days ago. journalists at Times House had the pleasure of meeting the Assistant US Trade Representative, Robert
    1,095 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      137 16 Now available in Singapore: THE BEST PRESENTATION SKILLS i by lain Ewing THE I Based on Singapore's famous BEST Ewing Communications jj wtf Seminar presentation! The most complete, comprehensive and definitive f SKILLS 91 book on Presentation Skills f ever written. Guaranteed to JowKCom your of L Pol)j(cSp*«Wnfl»nd(>*«Suco#MJ teach you
      137 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      43 16 you to coone p>nd /a.. S&e-i 'LEAVE (ON y t> be: IMkXS IN D'FF(iߣtiT) eF\RLy u)6 CAnJ'T mn<C lOORLQ PROnO TV<e ResT OFj qo T >1 ><sf DRV"iji FOT weC.LOC^7 <gT- V- km &J CASSOCUfIOMfWVAFtMtTO.mi-lfH V Doonesbury has been delayed in the mail
      43 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Mahathir: political fighter scaling the peaks
      1063 17  -  The indomitable Malaysian Prime Minister has indicated that he plans to stay in power until the turn of the century. And he has taken care of any possible challenge to his position. Leslie Lopez traces his Bumpy early days and his rise to political
      Reuter  -  1,063 words
    • Article, Illustration
      Thailand losing out to rivals offering better tax incentives
      919 17  -  Alan Boyd looks at what the Thai government is doing to encourage investments in the country Alan Boyd Ihe w riter is a Bangkok-haseJ journalist who contributes to Bl A STEEL manufacturer vows to move his sponge iron plant to Australia
      919 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      729 17 BUSINESS TIMES TOU. —FREE TEL. No. 1-BQO-741-1883 FA X :741 -1298 UL HAI SUN HUP GROUP LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Members of Hai Sun Hup Group Ltd (the "Company") will be
      729 words
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  • Article
    Lock icon Moody's slashes ratings of four top China banks
    478 18 South China Morning Post Bloomberg Business News Reuter HONGKONG China's banking reforms have failed to impress Moody's Investors Service, which has slashed the ratings of four top Chinese banks. Three of the banks are specialised banks, while the fourth is a commercial
    South China Morning Post; Bloomberg Business News; Reuter  -  478 words
  • Article
    Lock icon Sharp 24% fall in US February trade deficit won't last: economists
    346 18 Bloomberg Business News Reuter WASHINGTON The US trade deficit in goods and services narrowed 24.6 per cent to US$9.Ol billion (5512.6 billion) in February as exports to Japan posted a record, aircraft orders rebounded and the slowing domestic economy
    Bloomberg Business News; Reuter  -  346 words
  • Article
    Silver prices hit highest levels in six years
    367 18  -  From Neil Behrmann in LONDON SILVER prices surged to their highest levels in six years as funds and speculators bought vigorously. Rising 40 US cents at one stage yesterday, silver hit USS6.OS an ounce during Singapore trading hours before slipping back to
    367 words
  • Article, Illustration
    Lock icon Poison gas strikes 210 people in Yokohama
    163 18 Reuter AP TOKYO More than 200 people were injured yesterday after being struck by phosgene, a highly poisonous gas made from a mixture of carbon monoxide and chlorine, on three railway station platforms in the port city of Yokohama. At 6.30pm local time.
    Reuter; AP  -  163 words
  • Article, Illustration
    No place for gunslingers in derivatives business
    674 18  -  The Bottom Line RALPH LIU The writer is managing director of Advanced Risk Managements Solutions Pte Ltd. a Singapore-based derivatives consulting firm THE recent proposal by six leading United States investment houses recommending all banks self-regu-late their own derivatives businesses and the positive
    674 words
  • Article
    Lock icon EU starts probe on alleged dumping of S'pore, S Korean VCRs
    251 18 Reuter BRUSSELS The European Commission began an inquiry yesterday into alleged dumping on EU markets of video cassette recorders (VCRs) manufactured in Singapore and South Korea, a spokesman said. A Singapore-based interest of France's Thomson Consumer Electronics will be
    Reuter  -  251 words
  • Article
    Lock icon Ramos scoffs at report of war talks on Spratlys
    130 18 Reuter MANILA President Fidel Ramos yesterday firmly discounted reports that China is prepared to go to war with the Philippines over the disputed Spratly islands. He was commenting at a news conference on an article in Hongkong's leftist H 'ide Angle
    Reuter  -  130 words
  • Article
    Lock icon Ford chalks up 71% profit rise in 1st quarter
    168 18 AFP DEARBORN, Michigan The second largest US carmaker Ford Motor yesterday said that profits rose 71 per cent in the first quarter to US$l.55 billion (552.17 billion) against US$9O4 million over the same period last year. The company's earnings per share
    AFP  -  168 words
  • Page 18 Advertisements
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD Weak
        49 19 Market Mood indicates the likely trading sentiment today, based on brokerpolled at 5-ftnnt yesterday Overnight events may alter sentiment Brokers /Milled .Alliance. Barings. Credit l.yonnais Securities. Daiwa. Fraser. UK (Joh. Kay llian. Morgan (irenfell. Ong Co. Nomura. Phillip. Smith New Court. HY Carr and SO Warburg.
        49 words
      • Article, Illustration
        HOT STOCK
        110 19  -  -By Paul Leo DESPITE the low liquidity. Venture Manufacturing is a good trading stock. The daily average trading volume over the last 10 days is 39,000 shares. The counter's attractiveness lies in its clearly defined trading range of between $4.08 and $3.00. At yesterday's close of $3.50. daily
        110 words
    • Article, Illustration
      Jade House apartments said to be a sellout at $3m upwards
      368 19  -  By Abdul Hadhi SINGAPORE Hotel Properties Ltd is said to have sold most of the 39 units in its Jade House project in Nassim Road within three days. Sources say the freehold units were also sold at new benchmark
      368 words
    • Article
      DBS Bank to build on regional businesses
      501 19  -  By Conrad Raj SINGAPORE DBS Bank will continue to build on its capability and position in loan syndications, corporate finance and advisory services in the region. Stating this as the bank's strategy for its long-term profit growth, chairman Ngiam Tong Dow said in
      501 words
    • Article
      Lock icon KLSE finds nine forged MBf Hldgs share certificates
      135 19 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange yesterday said that nine share certificates of MBf Holdings Bhd were found to have been forged. These fraudulent certificates had serial numbers which had been altered. The KLSE asked stockbroking firms to be more
      Bernama  -  135 words
    • Article
      New ruling by fed-up KLSE puts pressure on tardy listed companies
      722 19  -  HOCK LOCK SIEW By Ruth Wong KUALA LUMPUR The Kuala Lumpur Stock Exchange (KLSE) must be miffed, as it is not often that it flexes its muscles. Just last week, it slapped a string of limitations on companies seeking
      722 words
    • Article
      Lock icon KLSE: new suspension rules are to prevent abuse of privilege
      498 19 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange's revised guidelines on the suspension of companies is meant to prevent the abuse of privilege by some companies, said the exchange's general manager Salleh Abdul Majid. Effective from Tuesday, the voluntary suspension
      Bernama  -  498 words
    • COMPANIES
      • COMPANYBRIEFS
        • Article
          Sembawang arm raises RDC stake
          57 20 SINGAPORE Sembawang Corp subsidiary Sembawang Industrial has bought another 1.35 million Resources Development Corp shares, representing 5.41 per cent of the RDC's paid-up capital. It paid $6.25 a share a total of $8.46 million. With the acquisition, Sembawang Corp's stake in RDC has risen from
          57 words
        • Article
          QAF unit buys rest of Ben Fortune
          57 20 SINGAPORE Malaysian company Ben Foods, a subsidiary' of QAF, signed an agreement yesterday to buy 50 per cent of the capital of Ben Fortune from Fortune Parade Pattiserie for M 5482,450 (*****,102). Ben Foods already owned 50 per cent of Ben Fortune, which
          57 words
        • Article
          Liang Huat sets up glass division
          54 20 SINGAPORE Liang Huat Aluminium has set up a glass division. Glaspee Industries, the holding company ot the new division, manages two fully owned subsidiaries Glaspee Malaysia and Singapore-based Glasia. Glaspee will operate and manage a glass processing factory in Seremban, Malaysia. Glasia will import
          54 words
        • Article
          Kim Eng director resigns
          18 20 SINGAPORE Kim Eng Holdings says James See Lop Fu has resigned as a director.
          18 words
        • Article
          Lock icon Lehman hires ex-director of GIC
          74 20 Reuter HONGKONG Lehman Brothers said that it has hired former Government of Singapore Investment Corp (GIC) director Seek Wai Kwong to head its South-east Asian business efforts based in Singapore. The investment bank now plans to build on its global fixed income capability, develop the
          Reuter  -  74 words
        • Article
          Lock icon Malaysia's CMS buys shipping agent
          83 20 Reuter KUALA LUMPUR Cement Manufacturers Sarawak Bhd (CMS) has agreed to acquire the entire paid-up capital of shipping agent and freight forwarder. Archipelago Shipping (Sarawak) Sdn Bhd for M 524.75 million (S$ 13.9 million) cash. Archipelago Shipping is currently the sole shipping agent for all
          Reuter  -  83 words
      • Article
        Lock icon Daiwa upgrades Malaysian, Philippine stocks
        95 20 Reuter SINGAPORE Daiwa Institute of Research (DIR) in its April Asia Pacific Investment Monthly report upgraded its recommendations for Malaysia and the Philippines. DIR Hongkong manager Simon Hallett, in the report's summary of market recommendations, said regarding Malaysia: "Worries over capital flows have diminished and
        Reuter  -  95 words
      • Article
        Indonesia's Telkom plans huge float in NY, London, Jakarta
        443 20  -  From Maggie Ford in JAKARTA INDONESIA is to float its state telephone company on three stock exchanges this year in a giant privatisation issue that will be lead-man-aged by four international investment banks. Announcing the share issue by PT Telekomunikasi Indonesia
        443 words
      • Article
        PLDT raised US$1.2b for expansion in 1994, says chief
        335 20  -  From Al Labita in MANILA NEW YORK-listed Philippine Long Distance Telephone raised US$l.2 billion (Ssl.B billion) last year to finance expansion, the company's chairman said yesterday. In a report to stockholders. Alfonso Yuchengco said U*****.8 million came from the foreign capital
        335 words
      • Article
        Lock icon Philippines' Atlas Mining posts further losses
        123 20 Reuter MANILA The Philippines' Atlas Consolidated Mining and Development Corp yesterday reported further losses in 1994 despite an extraordinary gain of 1.2 billion pesos (Ss64 million) after it restructured its foreign debt. Company officials gave no estimate for the losses. Atlas' copper and gold
        Reuter  -  123 words
      • Article
        Lock icon Island & Peninsular's group pre-tax profit up 85%
        204 20 Island Peninsular's group pre-tax profit up 85% Bernama KUALA LUMPUR Island Peninsular Bhd has recorded a group pre-tax profit of MSlos.il million (SSS9 million) for the year ended Jan 31, 1995, a 85.4 per cent rise from M 556.68 million in 1994. Releasing its unaudited results yesterday, the group said
        Bernama  -  204 words
      • Article
        Untitled
        618 20 Managers' print Apr 20 Mcndaki Gr Kund 097 100r« Singapore Unit Trust u* .i" IhcCommcrw 1.57 I 66 UOB Asset Mgt Ltd Hie Saving Fund 140 148 Inifund 1.33 139 S'porc Prog Fund 0.5? 0 61 I nihond 4 1.030 1055 S'porc See Fund 0.93 099 I nitcd Gr Fund
        618 words
      • COMPANYBRIEFS
        • Article
          Lock icon Li Ka-shing sells SHK Industries stake
          71 22 Bloomberg Business News HONGKONG The parent of Continental Mariner Investment Company Ltd, a Chinese controlled shipping company, bought 15 per cent of SHK Hongkong Industries Ltd from tycoon Li Kashing. the Hongkong Economic limes reported. China Poly Group Corp. a Chinese state-owned enterprise which
          Bloomberg Business News  -  71 words
        • Article
          Lock icon Stokes doubles Seven Network stake
          73 22 Reuter SYDNEY Perth-based media proprietor Kerry Stokes yesterday doubled his stake in broadcaster Seven Network Ltd to 13 per cent in another lightning strike on the network's share register. Analysts said the heavy buying, which is seen allying Seven with Rupert Murdoch's Australian pay-television group,
          Reuter  -  73 words
        • Article
          Lock icon ITC boss moves to stave off BAT clash
          69 22 AFP NEW DELHI Krishan Lai Chugh, the chairman of Indian Tobacco Co (ITC), has quit as chief executive of the bluechip firm's main subsidiaries, officials said yesterday. He named new chiefs on Tuesday to three company subsidiaries from ITC's 17-member board of
          AFP  -  69 words
        • Article
          Lock icon Nintendo buys 25% of UK firm
          66 22 Reuter LONDON Nintendo Co Ltd confirmed that it is buying a 25 per cent stake in the UK software company Rare in a multimillion dollar investment that will triple employment at the firm that developed its top-selling Donkey Kong game. Nintendo said in a
          Reuter  -  66 words
        • Article
          Lock icon New World Telephone buys System X
          71 22 Reuter HONGKONG New World Telephone Holdings Ltd said it has purchased the System X switch from GEC Plessey Telecommunications as the first part of its HKS2 billion (*****.8 million) investment plan. NWTH said its operating unit New World Telephone would install System X digital
          Reuter  -  71 words
        • Article
          Lock icon Chinese Estates profit doubles
          42 22 Reuter HONGKONG Property development company Chinese Estates Holdings said net profit rose 102 per cent to HKSI.2 billion (*****.8 million) for the year ended Dec 31, 1994. Sales fell to HKS2.3 billion from HKS2.4 billion in 1993. Reuter
          Reuter  -  42 words
      • Article, Illustration
        Inchcape plans 65 Timberland shops across Asia in two years
        405 22  -  By Chuang Peck Ming SINGAPORE The United Kingdom-based Inchcape group will spend up to 525 million opening about 65 Timberland retail outlets in the Asia-Pacific region in the next two years. Most of the outlets will be opened in Japan,
        405 words
      • Article
        Lock icon Int'l Paper one percentage point short of majority stake in Carter Holt
        292 22 Bloomberg Business News WELLINGTON New York-based International Paper Co moved to within one percentage point of gaining control of New Zealand-based forester Carter Holt Harvey Ltd. International Paper wants to acquire 50.1 per cent of the company it
        Bloomberg Business News  -  292 words
      • Article
        Lock icon Steady profit seen for 2 leading HK real estate firms despite slump
        553 22 Bloomberg Business News HONGKONG The chairman of two of Hongkong's largest real estate companies. Hang Lung Development Co Ltd and its property investment arm Amoy Properties Ltd. said both should avoid a drop in profits, in a year
        Bloomberg Business News  -  553 words
      • Article
        Lock icon Japan to create mini stock market to lure investors
        440 23 Bloomberg Business News TOKYO Japan's Ministry of Finance and the Japan Securities Dealers Association (JSDA) will start a "mini stock market" in July to prompt individual investment, according to Japanese news reports yesterday. The reports, published in the Nihon Keizai newspaper
        Bloomberg Business News  -  440 words
      • Article
        Lock icon Big US banks post varied performances
        463 23 Volatile markets lead to strikingly different lst-qtr earnings NYT NEW YORK Volatile trading markets led to strikingly different results among several large banking companies that reported first-quarter earnings on Tuesday. Citicorp's profits surged largely because of increased revenue from currency trading, while Bankers Trust
        NYT  -  463 words
      • COMPANYRESULTS
        • Article
          Lock icon Mattel's 1st-qtr gain up 12%
          76 23 Bloomberg Business News EL SEGUNDO, California Mattel Inc. the world's largest toymaker, said its first-quarter earnings rose 12 per cent amid increased sales of Barbie dolls. Hot Wheels cars and its other main product lines. Net income rose to U5526.9 million (5537.4 million), or 12
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Philip Morris tobacco income up 17%
          77 23 Reuter NEW YORK Philip Morris Cos Inc said first-quarter operating income from its worldwide tobacco business rose 16.9 per cent from a year earlier, to US$l.B billion (552.5 billion). Revenues rose 14.2 per cent to US$7.9 billion. The results were driven by strong growth
          Reuter  -  77 words
        • Article
          Lock icon Reebok's income below expectations
          66 23 Bloomberg Business News STOUGHTON, Massachusetts Reebok International Ltd said first-quarter earnings rose slightly but were lower than analysts' estimates. It blamed increased costs and lower-than-expected sales. Net income rose to U5565.9 million (5591.6 million), or 80 cents a share, from US$65.B million, or 77 cents. Six
          Bloomberg Business News  -  66 words
        • Article
          Lock icon Polaroid's loss higher than forecast
          98 23 Bloomberg Business News CAMBRIDGE, Massachusetts Polaroid Corp reported a great-er-than-expected first-quarter loss and took a US$77 million (S$ 107 million) charge for cutting 8 per cent of its workforce all part of its previously announced plan to boost profits. It lost US$75.B million, or US$l.66
          Bloomberg Business News  -  98 words
        • Article
          Lock icon NYT earnings up 54% in 1st qtr
          75 23 NYT NEW YORK The New York Times Co on Tuesday said its earnings rose 54 per cent in the first quarter, reflecting higher profits in the company's operating groups as well as higher equity from forest products operations. Its net income totalled U5527.4
          NYT  -  75 words
      • Article
        Lock icon Profit down 39% at Merrill Lynch
        196 23 Bloomberg Business News NEW YORK Merrill Lynch Co said first-quarter profit fell 39 per cent as revenue from investment banking and commissions plunged. Earnings at the United States' biggest securities firm fell to U*****.3 million (*****.9 million), or USS 1.08 a share, from a
        Bloomberg Business News  -  196 words
      • Article, Illustration
        Lock icon SOS call from Daimler-Benz Aerospace
        442 23 Bloomberg Business News MUNICH Daimler-Benz Aerospace (Dasa), the aircraft unit of Daimler-Benz AG, said the unexpectedly steep drop of the dollar "necessitates immediate action" to keep the company competitive, and called on the German government for help to keep the German aerospace industry alive. "This
        Bloomberg Business News  -  442 words
      • Article
        Lock icon Major pension funds oppose Chrysler takeover
        312 23 Los Angeles Times DETROIT Opposition to Kirk Kerkorian's US$22.B billion (5531.7 billion) gambit to acquire Chrysler Corp mounted on Tuesday as 18 major public pension funds expressed support for the company's management. The Council of Institutional Investors, a Washington-based organisation that represents public pension
        Los Angeles Times  -  312 words
    • CORPORATE FOCUS
      • Article, Illustration
        Lock icon Opening the floodgates to Hongkong telecoms market
        1232 21  -  By Genevieve Cua SINGAPORE The countdown to new competition in Hongkong's local fixed-line services the first-ever encroachment on Hongkong Telecom's domestic telephone turf can be a nerve-wrack-ing atYair. There are less than 10 weeks before the barriers to competition come down in July.
        Source: Hongkong Telecom  -  1,232 words
    • FINANCE & COMMODITIES
      • Article
        HSBC Asset Mgt moves US$212m fund to S'pore
        353 24  -  By Catherine Ong SINGAPORE HSBC Asset Management will shift management of its U*****.9 million (*****.6 million) Asian Newly Industrialised Countries Fund (ANIC) from Hongkong to Singapore the first in a series of moves that will eventually see the firm managing at least
        353 words
      • Article
        Lock icon Templeton launches funds for small Asian firms and Korea
        178 24 Reuter HONGKONG Tcmpleton Franklin Investment Services (Asia) Ltd said it is launching two new Asian funds. The Templeton Asian Smaller Companies Fund will invest in companies with market capitalisations of under US$5OO million (***** million) in 14 Asian markets, said Mark
        Reuter  -  178 words
      • Article
        Lock icon Taiwan eases rules on banks' investments in the stock market
        272 24 Reuter TAIPEI Taiwan's finance ministry said it has decided to immediately relax rules on investments by the island's banks in the stock market. The ministry said it had scrapped the requirement that banks buy only those listed stocks which made
        Reuter  -  272 words
      • Article, Illustration
        Canadian bank to grow treasury ops from S'pore
        296 24 SINGAPORE Canada's largest bank, the Royal Bank of Canada, which is celebrating its 20th anniversary in Singapore this year, plans to actively grow its Asian treasury and trade finance business from its Singapore office. John Cleghorn, the bank's chairman and chief executive
        296 words
      • SMALLCHANGE
        • Article
          Lock icon Fuji Bank cuts short-term lending rate
          62 24 Bloomberg Business News TOKYO Fuji Bank Ltd has lowered the interest rate it charges on loans of less than one year by 0.375 percentage point to 2.375 per cent, the bank said yesterday. The cut, the second in less than two weeks, takes interest
          Bloomberg Business News  -  62 words
        • Article
          Lock icon China lets bigger firms resume trading
          75 24 Reuter BEIJING China is to allow a small number of the largest state-level companies to resume commodities futures trading on international markets, Geng Liang, director of the Futures Department of the China Securities Regulatory Commission, said yesterday. The goal of the relaxation of the
          Reuter  -  75 words
        • Article
          Lock icon Thai banks agree on new formula
          91 24 Knight-Ridder BANGKOK Thai commercial banks have agreed to a new formula proposed by the Bank of Thailand to calculate their minimum retail rates, at which the banks lend to small customers, local newspapers reported yesterday. The new formula will base the rate on each
          Knight-Ridder  -  91 words
        • Article
          Lock icon French banks suffer 12b franc loss
          77 24 Bloomberg Business News PARIS French banks sustained a cumulative net loss of 12 billion French francs (553.5 billion) in 1994, after a 2 billionfranc loss the previous year, according to a report by Association Francaise des Banques on Tuesday. Net banking income fell 5.4
          Bloomberg Business News  -  77 words
        • Article
          Lock icon Bank floats US$50m Euro-CDs
          62 24 AFP MANILA The United Coconut Planters Bank, one of the five largest banks in the Philippines, announced here yesterday that it was floating USSSO million (5569.5 million) worth of Eurodollar certificates of deposit (Euro-CDs). The bank said this is just the first tranche of a USSIOO-million
          AFP  -  62 words
      • Article
        Lock icon Sirim bid to head ISO rubber committee
        194 24 NST KUALA LUMPUR The Standards and Industrial Research Institute of Malaysia (Sirim) is bidding to head the technical committee for rubber and rubber products, one of the committees under the International Standards Organisation (ISO). The bid would be one of the first by
        NST  -  194 words
      • Article
        Lock icon Diamonds in jewellery up 5% in value in 1994: De Beers
        206 24 Reuter LONDON The value of diamonds contained in jewellery sold to the retail sector rose by at least 5 per cent in 1994, De Beers chairman Julian Ogilvie-Thompson said in the company's annual report. World sales of diamond jewellery
        Reuter  -  206 words
      • Article
        Lock icon KL interbank rate likely to rise further
        430 24 NST KUALA LUMPUR Malaysia's domestic interbank rate is likely to increase further in the short term following interventions by Bank Negara in the money market. The central bank was said to be active in the money market on a daily basis last week,
        NST  -  430 words
      • Article
        Futures steady as US inventories fall
        320 24 Bloomberg ENERGY REPORT LONDON Oil futures were little changed after the American Petroleum Institute (API) reported a decline in the nation's inventories. Prices surged on Monday and Tuesday followed Iraq's rejection of a United Nations olfer to sell US$2 billion worth of oil over
        320 words
      • Article, Illustration
        Untitled
        1688 24 IruJr »i vMrd in,J, 1 .uh uluwd ui(uin\l j Vjwr't lop 14 iruJwic purines I Way iiw US$/S$ forward rates Noon /Apr 19 ss Bid Offer 1-month I 1844 I 3864 2-month I \Xi»i I )815 Vraonth I.J754 I.J7W 6-monlh I \t U I J6S4 s,H,r„- (x m Source: OCBC
        1,688 words
      • Article
        Lock icon New York
        99 24 AFP NEW YORK The dollar got a boost in early trading yesterday following the publication of better-than-expected US trade results for February. At 1345 GMT. the dollar stood at 1.3600 marks, compared to 1.3530 at Tuesday's close, and was trading at 81.20 yen. compared to 80.63. In London,
        AFP  -  99 words
      • Article
        Lock icon Currency
        204 24 Reuter LONDON The dollar rallied here in response to US trade figures yesterday. The dollar firmed to 81.50 yen from 81.30 yen shortly before figures were published showing that the US had had a trade deficit in February of US$9 billion from a deficit of US$l2.2 billion in January.
        Reuter  -  204 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends sharply lower
        1444 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended sharply lower and Eurodollars were little ehanged. "The market has been heavily loaded with long positions for the past few weeks in Euroyen and JGB. but today the reverse happened," said a dealer. "On top of that, one
        Reuter  -  1,444 words
      • Article
        Tokyo gold succumbs to strong yen
        672 25 COMMODITY REPORTS Gold TOKYO: Yen-denominated gold futures ranged from six to 10 yen per gram lower, with benchmark February closing six weaker at 1,030. Prices tumbled across the board on the yen's persistent strength against the dollar The dollar sank to a post-World War
        672 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Caltex abandons Nias oil exploration
          89 25 JAKARTA Caltex Indonesia has abandoned its search for oil and gas in the North Sumatran regency of Nias after a one-year effort, the Antara news agency reported yesterday. The regent of Nias, Tal Larosa. said on Monday that the US company had (ound only small
          89 words
        • Article
          EU's white sugar tender
          106 25 LONDON The European Commission is expected to licence exports for 30,000 to 50.000 tonnes of white sugar at its weekly tender yesterday. Traders said the maximum refund was expected to be in the region of 47.45 ECU (5588.73) per 100 kg. At the last tender on
          106 words
        • Article
          Russian aluminium exports down
          60 25 MOSCOW Russian exports of aluminium were down in the first quarter of 1995 compared with the year-ago period, the Interfax News Agency said. Figures released by Russia's Ministry of Foreign Economic Relations show that exports of primary aluminium in the Jan-Mar 1995 period totalled 475.600 tonnes,
          60 words
        • Article
          Alcoa defers aluminium production
          60 25 NEW YORK Alcoa chairman Paul O'Neill on Tuesday said the current level of aluminium inventories meant the company would not be restarting any of its idled capacity for the foreseeable future. He said: "Until inventories arc zero, do not expect to see our capacity turned back
          60 words
    • Article
      COMMODITY PRICES
      1633 25 SICOM Futures Rubber (futures dosing as at S.30pin) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Setl (tonnes) Interest May 95 262 00 262.00 258 SO 25 1875 Jun 253.50 2825 iul 244.50 ***** 245 00 400 1675 Aug 242.50 239.00 243 00 400 1775
      1,633 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1153 26 -0.1 BARGAIN hunters entered the bourse late yesterday and helped shares recover from an early dip to close only marginally lower. The All Ordinaries Index closed at 2,040.4 points, down 0.1 point. The All Industrials fell 6.2 to 3.014.5 while the All Resources rose 5.1 to 1.308.0. Turnover was
        1,153 words
      • Article
        Manila
        625 26 0.23 Stocks barely moved yesterday. The Composite Index closed at 2,477.86 points, up 0.23. Turnover was 3.02 billion shares valued at 790.63 million pesos. An analyst said the very fact that the Philippine exchange did not drop along with all the other Asian markets, was an accomplishment in itself.
        625 words
      • Article
        Taipei
        613 26 +3.04 Stocks ended eight straight losing sessions and staged a weak comeback in slow trading, propelled by good performances of pulp and paper shares. The 321issue Weighted Price Index rose 3.04 points to 6,109.6. Turnover was 544 million shares worth NT525.56 billion. The market moved in a tight range
        613 words
      • Article
        Seoul
        427 26 -7.20 Share prices remained sidelined, as blue chips underwent corrections, brokers said. The Composite Price Index slipped 7.20 points to settle at 909.86 in a thin trading day, on which 21.82 million shares worth 428.6 billion won changed hands. Falls outnumbered rises 494 to 216, with 148 other counters
        427 words
      • Article
        New Zealand
        352 26 -1.05 Share prices levelled off as International Paper's bid for Carter Holt Harvey slowed, but an eight-cent gain in Telecom picked up the slack. Telecom closed at NZS6.O9 its highest point ever thanks to reinvestment of proceeds from Carter Holt Harvey into the number one stock. The NZSE-40
        352 words
      • Article
        Bombay
        67 26 -27.86 Shares continued Tuesday's slide, prompted by a tighter than expected central bank credit policy, as blue chips dropped on selling by smaller Indian mutual funds. Dealers said though the largest mutual fund. Unit Trust of India, was staving on the sidelines, smaller funds were sellers. The BSE 30-share
        67 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        961 26 In local cwt In SS la LSS %d) Syi dy yr dy yr \pr 19 Index chgt chgt chge chge chge chge World 452.8 00 -I.I 0.1 20 0.1 4.7 JEAFE 524 I 0 1 76 02 0.2 0 3 4 9 Europe 5298 4)4 -I I -0 3 21
        961 words
      • Article
        London
        748 26 -24.4 BLUE chips closed near their day's lowest levels, as the market was hit by fresh concerns over whether weakness of sterling could prompt an interest rate increase soon, dealers said. The FTSE-100 Index closed down 24.4 points at 3,170.1, just above its session low of 3,167.7. The index
        748 words
      • Article
        Paris
        149 26 19.2 French stocks closed higher as the dollar rallied against major currencies, boosting the earnings prospects of French exporters. "There's been a complete lack of volume in the market today," said a trader. "Most of the business has been in (futures) baskets trading." The CAC-40 Index closed up 19.2
        149 words
      • Article
        Frankfurt
        199 26 -10.74 German stocks fell for the third day as the mark's strength against the dollar and other currencies continued to undermine earnings prospects for exporters. The DAX Index of 30 leading stocks fell 10.74 points to close the postbourse electronic trading session at 1,943.88. That's 7.16 points lower than
        199 words
      • Article
        Brussels
        178 26 1.62 Belgian shares closed little changed as a surge in the stock of Solvay SA offset the weak dollar's impact on exporters. Solvay SA, the world's largest producer of soda ash. rose 300 francs, or 2 per cent, to 14,750 francs. The Bel-20 Index gained 1.62 to 1,363.35 points.
        178 words
      • Article
        Milan
        141 26 +25 Italian shares gained, on hopes that Sunday's regional elections will clarify the future for the government and on recognition that stocks are now undervalued. The All-Share Mibtel Index closed up 25 points to 9.818. The index is still down 17 per cent from the start of the year.
        141 words
      • Article
        Amsterdam
        270 26 -1.13 Dutch stocks fell, led by an 8.1 per cent plunge in steel maker Hoogovens NV, as the rise of the guilder against major currencies caused concern about corporate earnings. The EOE Index fell 1.13 points to 404.34. a five-day low, led lower by chemical and steel stocks. Among
        270 words
      • Article
        Zurich
        74 26 -30.3 Swiss shares fell by more than one per cent in quiet trade dragged down by fu-tures-related selling. The weak dollar weighed on sentiment. The Broad SPI Index closed down 15.68 points to 1,644.91, while the blue-chip SMI Index lost 30.3 to 2,516.8. Roche, 90 francs lower at 6.540.
        74 words
      • Article
        Johannesburg
        447 26 14.5 A firm bullion price helped to move South African shares higher, leaving a firm bullish undertone in the rgarket. dealers said. "The market is nice and strong at the moment." said a dealer, adding that gold counters and top-line industrials had dominated busy trade throughout the day. Another
        447 words
      • Article
        Toronto
        252 26 1.40 Stocks opened firmer on a stronger US dollar, which is seen as a signal that interest rates will steady, traders said. The TSE-300 Composite Index was up 1.40 points at 4,300.79 on volume of 7.7 million shares valued at CS 105.20 million. Advancing stocks outpaced declines 142 to
        252 words
      • Article
        New York
        729 26 =2.42 Stock prices turned lower early yesterday in heavy trading, as the market continues to digest recent gains. The Dow Jones Industrial Average, which lost 16.25 points on Tuesday, was down 2.42 to 4.176.71. The New York Stock Exchange Composite index Was off 0.53 to 272.50. while Standard
        729 words
    • Article, Illustration
      Lock icon HONGKONG
      3019 27 Bloomberg Business News HONGKONG Stocks dropped, led by property issues, amid concern the US dollar's slide against the yen will lead to higher interest rates. With the territory's currency and rates tied to their US counterparts, many investors based in currencies other than the dollar were reluctant to buy
      Bloomberg Business News; Source:  -  3,019 words
    • Article, Illustration
      Lock icon CHINA
      640 27 CLSA IN HONGKONG, the H share index slid 8.33 points to 1,092.35 on turnover of HK.S64 million. Bohai Chemical topped the actives list, gaining 2.1 per cent. Yizheng added 0.9 per cent. Tsingtao dropped another 2.8 per cent to HK53.475. In Shanghai, turnover in the B market was a
      CLSA  -  640 words
    • Article, Illustration
      Lock icon TOKYO
      2567 27 Bloomberg Business News TOKYO Stocks rose for the sixth time in eight sessions as gains in brokerage and utility shares overcame concerns about the dollar's slide against the yen. Trading, however, was limited, as investors waited for earnings reports to see how profits have been crimped by the yen's
      Bloomberg Business News; Source: Bridge  -  2,567 words
    • Article, Illustration
      Lock icon BANGKOK
      1830 27 Reuter BANGKOK Stocks ended lower on heavy selling of finance counters by foreign investors worried that large new rights issues will hit the earnings of finance companies. The SET Index fell 19.05 points to 1,158.78. Some 43.4 million shares worth 3.2 billion baht were traded. "The market lacked incentives.
      Reuter; Source: Bridge  -  1,830 words
    • Article, Illustration
      Lock icon JAKARTA
      1187 27 Reuter JAKARTA Share prices ended lower in dull trading on selling pressure in some blue chips. Indosat was up 50 rupiah to 8.275 in early trading, but profittaking in the second session eroded the gains. It fell 100 to close at 8,125. Brokers said Indosat's 1994 financial results had
      Reuter; Source: Bridge  -  1,187 words
    • Article
      CLOB INTERNATIONAL
      2697 28 Gr lit 1995 Um Vol Da) Last Quote l»i> l>i» Nrt M C ap High Low (ooipans Sale 1*0001 IImh l ux Brncr VIIff S ("w S P/K Xnil MALAYSIAN STOCKS 4>8 m A1SB 50c 372 -8 802 1*4 170 WO 372 10 -2 9 02 18 2
      2,697 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares hardly moved by US dollar's record low
        6990 28 Bloomberg Business News KUALA LUMPUR Stocks were little changed after the US dollar fell below 80 yen for the first time since World War 11, aggravating concerns that the Federal Reserve Board will raise interest rates. Higher interest rates would lead investors
        Bloomberg Business News; Source: Bridge  -  6,990 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        9159 29 I MAIN BOARD (,r Cr M Wl IW last Vol Da> last Quote Di« Di« >W Net <•» <*>« High lo. Company Sale 3-/- I 000) High Ij.w Buyer Seller S CV S P/F. Smil Price INDUSTRIAL AND COMMERCIAL 4*2 38X ml 4 Vnia MV 420 cd -4 19 424
        9,159 words
      • Article, Illustration
        Lock icon STII sinks below the 2,050 support level
        1958 30  -  By R Sivanithy SINGAPORE The Straits Times Industrials Index yesterday gave up the 2,050 level, a loss that took place at about the same time the US dollar surrendered the 80-yen support. institutional activity continued to hover at minimal levels, while retail interest
        Source:; Source: Bloomberg  -  1,958 words
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      13 19 Singmarine unit to team up with Malaysian marine firm, Shipping Times, Fg 1
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      Page 19 Advertisements Column 2
      233 19 NEWS VALUE Tokyo fury over US inaction mounts as hits new lows (pg I) No respite seen until the FOMC meeting in May when the US Fed may be forced to raise interest rates. CAM Mechatronic to focus more on spindle motor business (pg 2) Stock deserves a closer look.
      233 words
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      212 20 ft* f m H MARGIN MM IS SHARE FINANCING W USE OUR RESOURCES TO J, GENERATE MORE SHARE POWER Pi! v I mt IP -C/ ]j 1 ?'< M W, yr S lets you purchase stocks shares jg£j j*" up to 3 times your pledged assets All you need to
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      Page 20 Advertisements Column 2
      241 20 WBSM The hottest S P°* c,arke Quay has just turned up the temperature... with an a new ,ine U P of Suzies who will welcome you to their private world, where 4VI 1 each night promises to be soothing balm to a long day... where the music is cool and
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      661 22 Thfi^NEXT yjf*M LAP v i The Urban Re{, e ve, °P ment Authority is offering 18 parcels of conservation shophouses at Pagoda Street for sale by AUCTION and TENDER on 99 YEAR LEASES. fy v J Pagoda Street is located in the heart of the Chinatown Conservation Area which has
      661 words
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      33 23 HOT/COLD POOLS SAUNA BATH STEAM BATH TV/COFFEE LOUNGE 18 MASSAGE ROOMS REGENT HEALTH SPA 78, SHENTON WAY #01-01 A &B1 -01. SINGAPORE 0207 TEL: *****68(5 LINES) BUSINESS HOURS: 10.30 am TO 11.00 pm
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      Page 23 Advertisements Column 2
      70 23 VACHERON CONSTANTIN Geneva, since 1755 f,v >*.• t. 4 < LesEssenMles *****/***** 210** 1 V/ VACHERON CONSTAffix Anniversary The world's oldest watch manufacturer Sole Agent and Service Centre: Luxtime Singapore Pte Ltd, 3918 Orchard Road #15-08. Ngee Ann City. Singapore 0923 Tel (65) *****78 Fax: (65) *****74 Authonzed Retailers: Cortina
      70 words
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      49 24 You may have been unable to get your Business Times, Straits Times, Sunday Times, UanHe 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 tor home or office delivery service
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      115 25 Financial News A Quick I.ook At The I Mfl I Market! Call 24 hours a day for I W I SES KLSE I I reports, I I market reports and business news. Cost: 30 cents a minute MRSline An SPH AudioTex Service j Learn fmm U.S. mexperienced /furu on how
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      49 25 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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      136 27 Over 30 years of experience has led Svenson to the Single Hair System M Svenson Hair Center has helped thousands of people counteract hair and scalp problems with their unique formulations based on research gathered from leading W \9 institutions the world over. With years of technological development the Single
      136 words
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      37 28 N SINGAPORE Tm£ HOUfl GLASS Taus»i.m»,a Stopping Centre Tel *****20 luck* fa/a let *****62 Scons Id *****27 Peninsula "taia Tei 33/8309 Rattles le> 33*3241 MALAYSIA Int HOuR GiASS Lot 10 Centre Kuala Lumpur Tel 03 *****20 *«hou»gla»B
      37 words
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      235 30 AGAPE PRIVATE LIMITED (In Voluntary Liquidation) (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act (Cap. SO) that the Final General Meeting of the Members of life abovenamed Company will be held at the office of M/s L C Loong A Co..
      235 words
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      Page 30 Advertisements Column 2
      379 30 R IJ S 1 N Li S S 1 I IV! i; s T01.1.-FRBIi Tlil.. No. l-SOO-741-1883 I'A X 711-1298 NOTICE NOTICE IS HEREBY GIVEN that, I Tan Swee Bian of Blk 28, #03-145, Tiong Bahru Road, Singapore 0316, have applied for a Wholesale Beer Licence in respect of premises
      379 words
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      Page 30 Advertisements Column 3
      462 30 IN THE HATTER OF THE COMPANIES ACT, CAP. 50 JAYA RIG CATERING PTE. LTD. fH MEMBERS VOLUNTARY UOUOATO* At an Extraordinary General Meeting of Jaya Rig Catering Pte Ltd duly convened and h«M at 45 Shipyard Road TW9 Jurong Marine Base. Singapore 2262 on Wednesday. 12 Apnl 1995. the following
      462 words
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      Page 30 Advertisements Column 4
      346 30 NOTICE NOTICE IS HEREBY GIVEN that. I Lim Chen Hsien of 84A Jalan Haji Alias Singapore 1026, have applied for a Public House, Second Class Licence in respect of premises at M/s The Blue Ginger Restaurant Pte Ltd at 97 Tanjong Pagar Road Singapore 0208, and that this application will
      346 words
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      Page 30 Advertisements Column 5
      355 30 NOTICE NOTICE IS HEREBY GIVEN that, I TAN KIAH WEE of Blk 22, Dover Crescent 10-358 Singapore 0513, have applied for a Beer House, First Class Licence in respect of premises at M/s Drinkers' Haven, at 3 New Bugis Street *01-13 (C 9) Singapore 0718, and that this application will
      355 words
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  • BusinessTimes ShippingTimes
    • Article, Illustration
      Singmarine unit to team up with Malaysian marine firm
      392 31  -  By Rahita Elias SINGAPORE Singmarine Industries subsidiary Aluminium Craft plans to break into the Malaysian marine market through a tie-up with Mofaz Marine. According to Singmarine's recently released annual report, the two firms are likely to collaborate in businesses such as
      392 words
    • Article
      Lock icon Rising yen worries Japanese yards
      280 31 Reuter TOKYO The yen's surge against the US dollar may deal a heavy blow to Japan's shipbuilding industry, the Shipbuilders' Association of Japan said yesterday. "With the yen at the current level, we cannot make any new deals and we are in constant fear that
      Reuter  -  280 words
    • Article
      Lock icon St Lawrence Seaway Dev Corp head quits
      205 31 Reuter NEW YORK The head of the US Saint Lawrence Seaway Development Corporation (SLSDC) resigned suddenly over the weekend, leaving the agency that manages US operations on the St Lawrence Seaway without an acting administrator. "This was definitely a surprise," said an SLSDC
      Reuter  -  205 words
    • Article
      Lock icon HK probes collision in harbour
      182 31 AFP HONGKONG Hongkong launched an extended investigation on Monday into the weekend collision of two ships in its bustling harbor, as it denied that extensive landfill works were making navigation too dangerous. Lan Dale, the government's marine director, said a "board of discipline" would look
      AFP  -  182 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      612 31 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 •Ahlers Lines 12 1 Ahrenkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line. The 9 5
      612 words
    • Article
      Lock icon Pakistan to develop Bin Qasim port
      303 31 AFP KARACHI Pakistan has drawn up a multi-million dollar plan to expand cargo handling facilities at the port of Bin Qasim. 50 kilometres from here, officials said yesterday. Private sector is expected to play a "major role" in the development of the port. Port
      AFP  -  303 words
    • Article
      Lock icon Catamarans safer than ro-ros: experts
      340 31 Reuter LONDON Catamarans such as that holed off Jersey have a better safety record than roll-on roll-ofT ferries they are more stable and less likely to capsize, marine experts said on Tuesday. But catamaran crews have to be trained to think fast if disaster strikes
      Reuter  -  340 words
    • Article, Illustration
      Lock icon Licence of ferry captain suspended
      235 31 AFP ST HELIER, Jersey The French captain of a ferry that hit a rock near Jersey on Monday had his licence suspended for the island's territorial waters pending the inquiry into the accident, port authorities said here on Tuesday. The suspension was "routine procedure used
      AFP; Reuter  -  235 words
    • Article
      DAILY FREIGHTS
      2773 32 THE freight market is generally firm and the Baltic Freight Index added nine points on Tuesday to 2,256 to get closer to its all-time record of 2,295 in March. Further evidence of strong front-haul rates for Capers was provided by Nippon Steel's fixture of Samarinda 149,500 dwt delivery
      2,773 words
    • Article, Illustration
      Lock icon Colombo Port expands to meet growing traffic
      600 33 The Sri Lankan port of Colombo is building a new terminal to handle increasing cargo volumes and to maintain its position as south Asia s transhipment hub Reuter SRI LANKA is expanding its main harbour the Port of Colombo, which sits astride a
      Reuter  -  600 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      11837 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls
      11,837 words
    • Article, Illustration
      Lock icon One carrier's successful fight against Teamsters
      1182 43  -  US trucking company Overnite Transportation has remained resolutely anti-union, and it has even used advertising campaigns to fight off the International Brotherhood of Teamsters. Kevin Shinkle reports Kevin Shinkle Bloomberg Business News WHEN the Teamsters began organising the 90 workers at Overnite Transportation Co's
      Bloomberg Business News  -  1,182 words
    • Article
      SHIPPING AGENTS
      3101 44 A Xm.»C Containerline NV: Belsin Shpg Agencies Pte Lid (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Lid (SVAccord Contr Line (PK/PN). \dkris Business Corporation Philippine Ca I source Shpg A Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg A Trdfc(S). Albnlros Sen-Air Service: Frata
      3,101 words
    • Article
      COURIER SERVICES
      292 44 Abacus Couriers Tel: 545-8011 Fax: 545-1898 Air Fx press lra»el Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 2W-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Fink International Tel: 344-3377. Fax: 345-6450 Cluster link Supplies Services
      292 words
    • Article
      AIR FORWARDERS
      1525 44 Abe* Express Ireight Tel: 542-7171 ha*: *****84 Aclinic Forwarder Td: 225-1833. Fa*: *****42 Acti»air Singapore Td: 542-7822. Fa*: *****20. Aeroiink Freight International Td: 545-8033. Fa*: *****05 Atrmpml Td: 542-5911. Fa*: *****18 Air «iio Novo Kxprrss Td: 542-5454. Fa*: *****06 Air Express International Td: 542-7666 Fa*: *****74. *****50. Air
      1,525 words
    • Article
      PORT CONDITIONS
      2742 45 ALBANIA Durres: Seven vessels operating of which 5 discharging (1 bagged chicken. 2 bagged cement, 1 bulk coal. 1 diesel oil), 2 loading (I bulk ferro-chrome, 1 bulk wine), no vessels waiting in roads. ARGENTINA Santa Fe: No vessels berthed, no vessels in roads, no vessels due. Diamante:
      2,742 words
    • Article
      CRUISE & FERRY SCHEDULES
      721 45 CRUISE FERRY SCHEDULES CRUISE SHIPS Art [)ep Name of Vessel ETA LID Pom of Calls Port Agent Telephone Ntr APRIL 20 20 Renaissance I Penang Renaissance Cruises 222-3388 20 20 Nautican Jakarta Lines int'l Holdings 276-7175 20 20 Columbus Canvelle Cruise to Nowhere Harpers Shipping 221-138if 20 20 Megastar Taurus
      721 words
    • Article
      SHIP SALES & TANKER RATES
      645 45 SHIP SALES TANKER RATES THIS week has seen rather a mixed bag of sales with a number of reports featuring low capital tweendeckers and handy bulkers, most of the higher priced deals coming to light in the tanker sector. VESSELS SOLO FOR FURTHER TRADING Bulk Carriers I .a Marquesa: 37,994
      645 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        500 46 W» hrifc fcitail P»pjrtwt KwmI V«y Hi Bwtti Armil Dtpjrtut Jw«"» Pwt BUM S«M(13 A4495* P01* 19 04/1300 1904/1500 Art* Fa* 120/13* H Amgsdr 2004/2300 Batam S«ccd3 A4595* POIA 2004/1300 2004/1500 l /B 006,95 US aim■* 20 04/1700 B*am Se«d3 ****** POIA 1904/2030 1904/2230 04/07/95 )1 atoraade
        500 words
      • Article
        CONTAINER SCHEDULES
        1836 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING Of EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Biiince Rdts SNp Voy No Etb/Btr Period From To From Ao Dm 0646 21 2359 IB 19/1500 19 1659 19/1900 3 20/0700 20/1159 20/1400 4 20/1200 20/1459 20/1700 Aci Hie 2346
        1,836 words
      • Article
        COCKETT BUNKER MARKET REPORT
        912 46 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows pfice ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        912 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        618 46 Carton Carton Apr 12 OcraitT Water Undue Ash Numm Sedhnent Den9ty Njt(r T ~4- Hmmm jufcmwl MM X MM Exxon Exxon KG/M*3 V/V MM X MM PPM method KG/IT3 U/V IM/M MM PPM method c ,c« n Eastern USA 180 Ave 987 0 4 13 9
        618 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        FedEx to start intra-Asian services from Subic on Apr 30
        385 48  -  By Rahita Elias SINGAPORE US-based Federal Express will kick off its intra-Asian air services this month, based at Subic Bay in the Philippines. Singapore-based Michael Ducker, FedEx vice-president for the South Pacific and Middle East, told Business Times the network
        385 words
      • Article, Illustration
        Lock icon First Boeing 777 arrives in London
        345 48 AP LONDON Heathrow airport fire fighters directed their powerful jets over the first Boeing 777 wide-bodied airliner to fly to Britain in a watery tarmac welcome to London on Tuesday. The plane, in the livery of its launch customer, United Airlines, and captained by
        AP; Reuter  -  345 words
      • Article
        Lock icon ValuJet's 1st-qtr profit more than quadruples, exceeding forecasts
        475 48 Bloomberg Business News ATLANTA ValuJet Airlines Inc's first-quarter earnings more than quadrupled, exceeding analysts' expectations and the company's earlier forecast. The Atlanta-based airline also said it is close to concluding an agreement to serve Boston's Logan Airport, between its major hubs in
        Bloomberg Business News  -  475 words
      • Article
        Lock icon Plane receives US, European certification
        154 48 Bloomberg Business News SEATTLE Boeing Co's newest jetliner, the Boeing 777, was to receive unprecedented joint certification from US and European aviation authorities yesterday. US Secretary Federico Pena, Federal Aviation Administrator David Hinson and representatives of the European Joint Aviation Authorities were to take part
        Bloomberg Business News  -  154 words
      • Article
        Lock icon Hainan Airlines to offer jet rental service
        99 48 AFP BEIJING An airline in southern China is offering the country's first private jet rental service at 20,000 yuan (U553,280) an hour. Li Qiang, a director of Hainan Airlines in Hainan province, said yesterday the company was targeting rich Chinese businessmen and was
        AFP  -  99 words
      • Article
        Lock icon Air NZ, Ansett set to merge: reports
        216 48 AP SYDNEY Air New Zealand has agreed to buy the Australian airline and transport company Ansett from media company News Corp, reports said yesterday. The Australian Financial Review said Air New Zealand has agreed to pay about US$4O7 million (*****.8 million) for News
        AP  -  216 words
      • Article
        Lock icon Conrail may sell some marginal routes to invest in profitable ones
        375 48 NYT NEW YORK Conrail Inc might sell or abandon a large part of its marginal north-east-ern routes as it shifts investment toward its most profitable and growing lines, a senior executive of the freight railroad said on Tuesday. Charles
        NYT  -  375 words
      • LOGBOOK
        • Article
          Lock icon S Korea to build container feeder port
          107 48 Reuter SEOUL South Korea's state-run Korea Container Terminal Authority (KCTA) is to invest 202.5 billion won (*****.5 million) to build a feeder port by 2000 in the southern port of Pusan. A KCTA official yesterday said the port would be able to handle
          Reuter  -  107 words
        • Article
          Lock icon All Nippon Airways to review pay
          90 48 Bloomberg Business News TOKYO All Nippon Airways Co, Japan's second largest airline, will review its payroll system to reduce personnel costs by 5 billion yen (SsBs million), or about 3 per cent of its total personnel expenses, in the next five years. Sihon Keizai
          Bloomberg Business News  -  90 words
        • Article
          Lock icon McDonnell's earnings forecast
          67 48 Reuter CHICAGO McDonnell Douglas Corp is expected to report first quarter earnings yesterday in the range of US$l.24 (S$ 1.73) to US$l.27 a share, according to estimates compiled by Zacks Investment Research. The St Louis, Missouri-based aircraft and aerospace company reported earnings of US$l.l4 a share for
          Reuter  -  67 words
        • Article
          Lock icon Dasa expects loss if dollar stays weak
          64 48 Reuter MUNICH, Germany Daimler-Benz Aerospace AG, a unit of Daimler-Benz, said yesterday it would make a loss of at least 100 million marks (Sslo2 million) this year if the US dollar did not soon return to above 1.60 marks. The company is also
          Reuter  -  64 words
        • Article
          Lock icon Ford to recall 40,000 Mondeos
          116 48 Reuter COLOGNE, Germany Ford Motor Co's German unit Ford Werke AG will recall a total 40,000 Mondeo cars in Europe due to a potential fuel tank filling fault, a company spokeswoman said yesterday. The spokeswoman denied a report in PS Report last week that the
          Reuter  -  116 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1703 48 a& nm ra nm qd_ fh« ru fh* n» Abu Dhabi GA985 1105 GF147 1850 Hatyai TG407 2105 TG406 0820 GF146 1145 MB95 2300 VI896 1920 SQ441 1505 GA883 1520 Ha CM MM City VN741 1310 SQ172 1000 GA975 1535 SQ171 1445 VN740 1410 MllaMl QF81
        1,703 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      45 31 China Express Service Direct Mnglng Qingdao Effective from May '95 j pis see P/j 6 for schedule j Colombo Port expands to meet growing traffic, Page 3 One carrier's successful fight against Teamsters, Page 13 FedEx to start intra-Asian services on Apr 30, Back Page
      45 words
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      Page 31 Advertisements Column 2
      25 31 Lines and service* represented by Members of the Registry ot Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089
      25 words
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      Page 31 Advertisements Column 3
      26 31 r PERSONAL FINANCE INVESTMENT Every Saturday in Business Times AD-LIB Candid views from people in the news. Conversations At Raffles. Every Other Saturday. Business Times mmmHmi
      26 words
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      Page 32 Advertisements Column 1
      1658 32 I lII—I—HIM—I I OTHER DESTINATIONS H NORTH AMERICA I PWtCTCAIJ.TOWgBTCOAgT»6X) fWMT COAgT Of cHitlUt (fcUIWAWTA MWWOt) LA OA* ¥C* SEA Ml HOUtTOM CMC *T "grr" MOWMI IWT If U I U ACA HfIUET ImUOa" FT 01 WIWMII AOUOTIA TETTT 1 WT IB UMMMttS amn »A4COU¥BI 8881 IfflK CAKMWUn«r W —ill
      1,658 words
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      Page 32 Advertisements Column 2
      310 32 CONVENTIONAL-INDONESIA SOWICE I VESSEL ETA ETD DESTINATION CHAHAYA SEJATI 22/4 23/4 SEMARANG JAKARTA KURNIA SEJATI 26M 27/4 JAKARTA. SURABAYA. PAOAMG WALIEDUA 28/4 29/4 JAKARTA SANWALIE 3Q/4 1/5 JAKARTA. SURABAYA FULL CONTAINER SERVICE SINGAPORE TO JAKARTA VESSEL VOY STORE LOADING PORT 1 CARAKA JN3I9 SJ49 2*4 JAKARTA (berthng at W1) CARAKA
      310 words
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      Page 33 Advertisements Column 1
      410 33 nWem:mm4ißFAX:22m4 mmzaeMßMm?r?AX;22*m MJUMTRCII3W 2V4 2*4 U« AL WAJBACII4W 1/6 H M M BAJJAH CIISW H 13A 27A AL MRQM CIIVW 1M 2*5 3* ZUHRCII7W _22A__ 27A 1M > IVRMRII «A M M M IK tU I MSEWMH 17/4 ISA lift I*s 17/5 I*6 I GKEWN62I I* 2» W 1 MHWM622
      410 words
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      Page 33 Advertisements Column 2
      647 33 ANL. IT'S AUSTRALIAN FOR SHIPPING"^®' TO AUSTRALIA (EAST COAST? FROM AUSTRALIA (IABT COAST! Vf SSIUVOY Ml ne MP M SYD MCI MM NO* Vf SSCL/VOY MC SYD MCI NO KM XT Mr m majapawt m iw n« m nm nn a. timaiu tin m iiim hm km mm a« iw
      647 words
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      Page 34 Advertisements Column 1
      1291 34 «ssa wr nm rowi ant mi tn pibmc sm ice uo tyo sn «a m 6 «I*M OIAI3 9/3 ~~3l7T" 30/3 2/4 71/4 H/4 1774 475 i7T ~Z/T HOEQgTBWBS ?V413 1/4 30/3 W/3 S/4 4/4 7V4 ?4/4 t7/4 1/5 ys WIBUMO nou" ~s7T~ 7/4 4/4 t/4 H/4 Z/S j/T STOnMTPHBS
      1,291 words
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      Page 34 Advertisements Column 2
      492 34 jfiSMRMRRRI NANDNAKUL MPT 21/4 FttnVAtWUK/NvHn I BALABAN 1 28/4 30/4 Rdm/AtwAJK/NanBe« I Lot* EL/W Mata»»a. IndowH I I Loading tor 1 SADAN KALKA VAN Dutoai/Damman/KuwM I BUFFALO I SAMMI FRONTIER Oubai/Danvnan/Kuwart/BahravVDoha I Ix4*B Slngapora. EVW. Matoyata, Indonaaia I I Loading for SAMMI FORTUNE Loe Angelaa/New OriavW I ChtftostorVNortofc/COTidOT I PAN
      492 words
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      Page 34 Advertisements Column 3
      1144 34 i norasTOl VSL/VOY SM ALG BCL VAL HAM BRE ROT ANT FEL LMAB I KABNXAVOURVSISW Z2M "M MBS 14BS IMB IMS IMS MBS 17M^ NOR. FRBOUMMI6-1 MB MS B*B MM 21M 21*1 2MB* NOR. HONMOM SSI7-3 25 7788 77*8 2MB 2MB IMi 2MB NOR SHAAJAH 818-3 1 *"2552 M M
      1,144 words
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      Page 35 Advertisements Column 1
      1202 35 H STRAITS SHIPPING PTE LTD 10 Hm Chiang Roatf #11-01 Keppal Towers Siafapara 0208 Tal: *****08 Fax: *****17 {A SERVICE OF CHINA NAVIGATION CO) CARGO OUI SAILS tTRAITS VENTURE VKKE KK. Skan, tor 2122A*r 23 Apr 25 Apr i ILIXL [OinMHI«IW»H» lUM [C flflll II W~ C J NU6A W-22
      1,202 words
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      Page 35 Advertisements Column 2
      2079 35 fwvtsk 1 P&o Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Road. #07-01 keppel Towers, Singapore 0208 First Class ConnecHons WORLDWIDE PNOCSP F 225 5327/222 75,7 EXPORT IMPORT VESSEL VOY I'PNO -PKOi UN sou ANT ROT NAM OOT BRE LEM VESSEL VOY zn OOT NOT NAM ME KU LSM ALO
      2,079 words
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      Page 35 Advertisements Column 3
      501 35 QUfOUMD PEL PEN JOH SIN HKCKAOTM mWTIW6BII OWIBJM SEA flftlfflfn MM> 15*4 16*4 1111 20-20*4 24*4 20*4 27*4 20*4 »*6 QMS IMS 02*6 WAN HM 215 MOM IM4 20*4 22*4 23-24*4 21*4 20*4 >I*6 02*6 IMB MS IM6 OM6_ ALEXANDRIA MMI Wjg 12*6 >I*6 3M4 00*8 WAN HM 212 M
      501 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      455 36 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KELANG PENANG BLUE JAOE 7/5 Loading lor Male IRUVAJHUOHU 56 Loading for Japanese Ports PIONEER SUPREME 8/S Loading tor Male 'UMMEEDH 25/4 Loading tor Male 1 PROGRESS LIBERTY In Port r Loading tor Bangkok PIONEER ELEGANT 205
      455 words
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      Page 36 Advertisements Column 2
      1142 36 HANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VSI |SM I LINE HAUL SEA YVR POX FOR VSL SM UNE MAUI SAW IN NYC HANJM HONG KONG 049E 21/4 DIRECT 11* 12/5 115 HANJN KUNSANII4E 21/4 H NfWYORK OBOE 2V5 M 2M HANJN
      1,142 words
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      Page 36 Advertisements Column 3
      55 36 SOON KIAT SHIPPING PTE LTD 3 SMBTTUI WAT *20-OM> I— SOTMNOUK REGULAR SBMCE TO SARAWAK A BRUNB STONE Sri Pu«t 07*5 BlntKlM/Klri ?»TM Superior Glory 05/95 Port Holing 7V04 kU|l Tong HU 06*5 BMnlaMtri 24/ M •mMi e««i al PMk N4m« HW Fa art cmWht ■M m f »To» m
      55 words
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      Page 36 Advertisements Column 4
      1110 36 EUROPE/UK/SCANDINAVM/FINLAND/RUSSIA c roruin nix •<* RDM MtG TOP ANW LMV LHV ANW TOP HBG RON PKL UP I 14 IB* E GIFTEO RE-MI 27* 2B* 30/3 1* 21* 25/4 25/4 r RW^4# IM 22* 1« 21/5 23* 24/5 E GENIUS RE 055 5/4 M 7/4 M 1/4 3* S s°2®?
      1,110 words
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      Page 37 Advertisements Column 1
      2586 37 Ku^h^MMß^Bhlßuß IJ*W«Nfti AwmtW Afntt Tti fO—ra*: 22*1990 %atf/9omkk« Diocr Ow< rnCTJB tUIDDIkir orr I Tl» f" |t«wri» 2aiw CM(iM«r *****41/144 CmMmtSk 9/L: *****02 Opermitmm CmMmt; 4M5715 anirrmu rlt LIP rw*<: mim coshif cmwiMt *****50 m mm/is twiwt <7*5744 ZJfTfIT J"" "J 7 cn Mac **********0 M Fax *****09 Broskbmtk Src
      2,586 words
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      Page 37 Advertisements Column 2
      503 37 (fc FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) ANNOUNCEMENT v!> COMPETITIVE RATES TO 11.5.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 LINES) J. BAHRU PH: 0207-*****22 QLOBEUNK
      503 words
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      Page 38 Advertisements Column 1
      966 38 ff 1 ■■■■■■jpTM S [VESSEL VOY 8N I JKT lip VESSEL VOY SIN k(k I H m BHATRA BHUM 778 Sgt, 22/4 Tu. _2S/4_ fj BUNGA SEROJA SOU Thu lln Pt S.t I »/4 m BKK 1 WAHA BHUM 2758 Mow 24/4 Thu 27/_4_ BUNGA SEROJA ~~5065 Tu« mTT M
      966 words
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      Page 38 Advertisements Column 2
      876 38 79 ANSON ROAD, #21-01, SINGAPORE 0207 TEL: *****92 FAX: *****87 CR i **********0N STRAITS SHUTTLE SERVICE PORT KLANQ PENANQ w a pw. vEssa vot m ra SEA LAUREL 378N 13/4 (THU) 14/4 (FRI) MCC CONVEYOR 5022 11/4 (TUC) 14/4 (FBI) !2i 13/4 (THU) 15/4 (SAT) 2&Q22 16/4 (SlIN) FAft o
      876 words
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      Page 39 Advertisements Column 1
      1177 39 ADVANCE CONTAINER LINES (PTE) LTD A 1 140 Cocil Street, #12-00, PH. eulMtng, Singapore OKM L™ TEL: *****21. FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E ItiMMIUHIAWHIt ACZ JAKaMA HI <0 Oa*n««/Waafc to MT, X OaMnga lo ■MT. 1 OaMng to LCH) (3 «.lOng./W—to POUT AUTHORITY THAILAND WW. VOY
      1,177 words
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      Page 39 Advertisements Column 2
      811 39 VESSELS VOY SN LE HAHRE HAMBURG THAMES lIUIIUIUAM ~ANTWERP WOfC? HYDRA HOBW 2MM IMB 1606 2MB 21/06 22/06 VIXE DC LYRA YOBW 02/06 2V06 2MB 27A06 26/06 2ftQ6 V*J_E 06 VELA VOBW OMB 3MB 01/06 00MB OMB OMB aALTKSKCXJ "TT36W I*o6 OMB KMB 12AB IMB 14/06 ALSO ACCEPTMO CARGO TO
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      Page 39 Advertisements Column 3
      590 39 I BSfl aTI MYANMA FIVE STAR LINE (Myanmar National Lint) w Loading lor Yangon (Rangoon) S'pan P Kig PEN P G* MYOMAYWA VISSW SAILED PAGAN V2I9W IN PT MALAYSIA AGENTS: BOUSTEAO SHIPPING AGENCIES KIIL TEL 82-13-***** M PKL TEL I2«-)7N1I1 PEN: TEL a2-«4-2«124a2 PGO: TEL M-17-*****21/4 NIGERIAN NATIONAL SHIPPING LINE
      590 words
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      510 42 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 UNES) FAX: *****18/*****03 TELEX: RS ***** RISHK* (3 Lines) CR NO: **********0E ETHIOPIAN SHIPPING UMIS r (National Lbes of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Viwil Voy ETA Lowing for Spore Abtoay Worn 44W8 27/06 Andbwt 40WB 20/07 Assao, Massawa H
      510 words
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      Page 42 Advertisements Column 2
      397 42 AFGHANISTAN MAM Afghanistan Ltd., ■kJH Hairatan, Torghundi, Islamqata (Doqharun) ■wICX mwm C.1.5./RUSSIA: Alma Ata. Ashkhabad. Baku. Dushanbe. I Irkutsk, Kf labarovsk, Krasnoyarsk. Korsakov, Moscow, hrtu<TYatWt I P rlore Novosobtrsk, Sochi, Tashkent, Tbilisi. Vladivostok, Vostochny Ulaan Bator N Korea: Pyongyang, Nampo express container service to west coast south america ALSO ACCEPTING
      397 words
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      Page 42 Advertisements Column 3
      180 42 TFTv FOONG SUN SHIPPING (PTE) LTD WHOLESALE CENTRE, BLOCK 1. #03-10 SINGAPORE 0511 TIL: *****5S (12 LINES) FAX: *****10/*****25 TLX: R*****0/***** FSSNIP VESSEL VOY ETA ETD DESTINATION UNTAS PACIFIC M 6 24/4 21/4 PLAJU/PALEMGANG NEE MAX I MS 25/4 27/4 PONTMNAK/SMTETE SUN RAY 2/96 21/4 21/4 BENGKULU/PAOANG WANUAKU 2f16 21/4
      180 words
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      Page 42 Advertisements Column 4
      386 42 Ip ai MM MMTAIMMStt LIMES. IMC Agents: MAC-NELS SPORE: *****22 (24 LINES) MwXzJ CMNOI SOU(004)*****0 KUCHN0(002)*****1 PENANG: (04)*****6 8ANGK0K(662)*****67 MAMLA(032)*****61 P. KELAMQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I ASIA HKG/IWN/BKKI GENOA/EUROPE I PEN PK SIN 3. 5?), uSJltlfifSnnS G'buniAJ'hOßon/S'lKHm/Oslo 23/4 24/4 25/4 21/4 22/4 23/4 HKG/BKK/KEE/KHH Piraaus
      386 words
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      Page 47 Advertisements Column 1
      482 47 A HYUNDAI I MERCHAWTMARIWE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [pNA fl*E PGD VESSELS VOY SH RTM ANT LEH HAM BREJ FQ 19/04 li/04 22/04~ H. CHALLENGER Hm* 24/04 ***** U705 ***** 14/05 14/05 16/05 26/04 28/04 29/04 H. PIONEER 314W 01/05 19/05 21/05 19/05 21/05 21/05 23/05 03/05
      482 words
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      Page 47 Advertisements Column 2
      405 47 STRAITS/ JAPAN/ STRAITS SERVICE MULTI PURPOSE I RORO CARRIER SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS lII* lII* vessel wt rj 10*0*16 re MAfMA HARMON* 1 SID BMTU.U 22/4. MR! 24/4 SONBAI 33 «H BAHTEN 22/4 MM IST 1 SID M H OR*NGf BRtlrt
      405 words
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      Page 47 Advertisements Column 3
      695 47 VESSEL VOY lm ETA/D LAX OAK ICH MEM/COL HOU I NYC NOR I DAL GEORGE NASHWGTON BR S6A 20/04 /Zl/04 07/0S 09/05 10/06 11/05 12/05 12/05 13/05 11/05 ALLIGATOR PRBE »A 27/04 /21/04 14/05 18/05 17/05 18/05 H/05 19/05 20/05 23/05 tfIWY HUDSON BWOGE WA 27/04 /21/04 21/05 23/05 24/05
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      302 47 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 ft 2.4 3.0 3.2 3.0 2.6 2.0 1.3 0.8 0.4 0.2 0.3 0.6 1.2 IS 2.2 2.4 2.4 2.1 1.7
      302 words
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