The Business Times, 21 April 1995

Microfilm: NL19831
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Friday April 21 1995 85 C
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  • 2am LATEST
    • Article
      Lock icon Dow up 15 points
      58 1 Reuter NEW YORK Bluc-chip stocks rose yesterday, boosted by a jump in IBM shares after it reported record profits. At 1 prn EDT, the Dow Jones Industrial Average was up 15.22 points at 4,222.71. In the broader market, advancing issues led declines on trading of more
      Reuter  -  58 words
    • Article
      Lock icon UK sends bombing suspect to US
      42 1 AP LONDON Britain said yesterday it has returned to the US a possible suspect in the Oklahoma bombing. A spokesman said the man was identified by immigration staff at Heathrow yesterday after arriving from Chicago. AP
      AP  -  42 words
  • Article
    MARKET SUMMARY
    170 1 Stock market indices IhwMlay Change STII 2.039.3 +3.63 KLSEComp 962.64 -1.18 Nikkei 16.643.06 +266.98 Hang Seng 8.631.37 +49.51 SET Index 1.160.29 +1.51 Jakarta Comp 414.41 +0.20 Manila Comp 2.489.8 11.94 Taipei WPI 6.136.54 +26.94 Seoul Comp 908.73 -1.13 Bombay BSE30 ..3.350.68 -33.84 CLSA China B 794.00 -1.05 Aust
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  • Article
    Thailand to pump $5b into new petrochemical projects
    460 1  -  From Loh Hui Yin in BANGKOK THAILAND will invest about $5 billion in a series of petrochemical projects that could pose a serious challenge to Singapore as the region's leading petrochemicals producer. The 14 plants producing a wide spectrum of products are
    460 words
  • Article, Illustration
    Lock icon Tokyo steps up attack on US even as $ firms
    458 1  - Tokyo steps up attack on US even as firms From Anthony Rowley in TOKYO THE Japanese government yesterday escalated its attack on the United States over Washington's failure to ofTer tangible support to the dollar, amid signs that Europe may also begin to join the attack on American intransigence. Tokyo
    Reuter  -  458 words
  • Article, Illustration
    Tokyu plans to raise $300m from sale of one Claymore tower
    452 1  -  By Lilian Ang SINGAPORE Japan's listed Tokyu group plans to raise about $300 million by selling en bloc one of two towers at The Claymore, an upmarket condominium project located opposite The American Club. Over the past two weeks,
    452 words
  • Article
    Minimum prices for air tickets to be scrapped from May
    427 1  -  By Agnes Wee SINGAPORE Member airlines of the Intra-orient Marketing Programme (IMP) have decided to do away with minimum selling prices for airline tickets from May 1. This was revealed last night by Robert Khoo. president of the National Association
    427 words
  • Article
    Banks unlikely to follow finance firms9 rate cuts quickly: analysts
    497 1  - Banks unlikely to follow finance firms 9 rate cuts quickly: analysts By Paul Leo, Shiv Taneja SINGAPORE Banks arc unlikely to lower their savings, deposit and prime interest rates before July, despite a cut in deposit rates by finance companies over the past few months. "Banks are not likely to
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      149 1 9 Clinton vows swift reaction to bombing, PglB S'pore News 2 19 20 Reponal News 3.4.6 Financial 23.24 World News 7. 8 Features Markets Analysis 17 Ctob/KLSE. SES 2&30 E Atonal 16 k®onal 26 Sports 9 World 11 TV/Utoitjit 13.14 Currencies 24 Ad &MU 15 Smex/Commo 24.25 Subscription Tel 1800-*****77
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      18 1 Advertising: Pg is WPP's talent track Ramos regrets deadlock, tells officials to arrange for final autopsy: Pg 18
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      39 1 Hock Lock Siew: /># 19 U\ Potential rich pickings in Tokylkstocks Hock Lock Siew: Potential rich pickings in Tokyo stocks, Pg 19 Concern over sterling slide, Pg 7 US dismisses Japan threat to pull out of car talks, Pg 8
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      79 1 e' MIKIMOTO I The Originator of Cultured Pearls Since 1893 C. T.HOO #01-22 Tanghn Shoppir>g Centre Singapore Bottom Line: Pg is Stop Japan-bashing again ALFRED DUNHILL B I* I Br Wf wBbM 11 Londinium c/oamc t/exiyjt intpirei/ ui /ondott, /ntme of. S/lunAi//. IhiZ unt/ /(V<y ytt/t/. ,I'an** mtii/r uxi/i yittirf:
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Finance company business up 23%
        291 2  -  By Shiv Taneja LOANS and advances by finance companies grew 22.9 per cent to $15 billion in February. The latest figures from the Monetary Authority of Singapore show housing loans registered ycar-on-ycar growth of 21 per cent to $2.3 billion, about the same rate of
        Source: MAS  -  291 words
    • NEWS ROUNDUP
      • Article
        Mt E, Eastshore hands-on centres
        51 2 MOUNT ELIZABETH and Eastshore yesterday became the first hospitals to be accorded Certified On-the-Job Training Centre status. The certification by the Institute of Technical Education gives national recognition to companies with effective OTJ training practices, and complements the National Productivity Board's efforts to promote OTJ
        51 words
      • Article
        SBS starts luxury Orchard-airport bus
        66 2 SBS Leisure Pte Ltd has introduced a new luxury air-conditioned coach service between the city's hotel belt and Changi Airport. Named Airbus, there will be two services initially. Airbus 1 will serve hotels along the upper stretch of Orchard Road and Scotts Road while Airbus
        66 words
      • Article
        Lying to get child into school an offence
        70 2 PARENTS who make false declarations aimed at getting their children a place in their school of choice in the Primary 1 registration exercise are committing an offence. The Ministry of Education said in a reminder that all such cases will be referred
        70 words
    • Article
      President has no veto power over constitutional bills, says tribunal
      486 2  -  8* Ramesh Divyanathan THE PRESIDENT! has no veto power over any constitutional bill, including one seeking to restrict presidential powers, a three-judge tribunal ruled yesterday. Chief Justice Yong Pung How. delivering the tribunal's 15-page judgment, said a purposeful interpretation was
      486 words
    • Article
      Lock icon S'pore hotels woo M'sian visitors with discounts
      283 2 Packages offered to help offset the higher cost of stay due to stronger local dollar MBT SEVERAL hotels in Singapore have been introdueing speeial paekages to woo Malaysian passport holders. Some of the hotels said they are eashing in on Malaysians' growing affluence,
      MBT  -  283 words
    • Article, Illustration
      Lock icon Govt to set minimum standards for housing of foreign workers
      407 2  -  By Abdul Hadhi THE GOVERNMENT was finalising rules that would lay down minimum standards for worker housing on construction sites, the Minister for National Development. Lim Hng Kiang. said yesterday. Speaking at the groundbreaking ceremony for the Keppel Housing project
      Photo by Arthur Lee  -  407 words
    • Article
      Case urges lenders to disclose charges for consumer loans
      337 2  -  By Soh Tiang Keng THE Consumers Association of Singapore (Case) has called on banks and finance companies to disclose facts on interest charges for consumer loans. In a study submitted to the Finance Ministry, it urges a "minimum level of disclosure"
      337 words
    • Article
      Karrie to sing at gala dinner
      71 2 PETER KARRI E, also known as the Phantom of the Opera, will sing at this year's Real Estate and Construction (REC) gala dinner. Organised by the REC SHARE sub-committee, the gala dinner will be held at the Singapore International Convention and Exhibition Centre on
      71 words
    • Article, Illustration
      Royal Sporting House launches new sales concept
      325 2  -  By Jenny Lam ROYAL Sporting House (RSH). Singapore's leading sports retailer is launehing today a new Si.s million sales concept called "Why Pay More" and a trust fund to promote sports excellence. RSH chief executive officer V K Gomber told Business Times this
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      115 2 I Such 3 market for dwce jobs. Any Job. Any Career. Available any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The new Paper UANHE ZAOBAO UANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MtNGGU jJT_ ryr r~{§) it& gfe- .si JnanAs that time of
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  • SOUTH-EAST ASIA
    • Article, Illustration
      National Front expects to win by biggest margin yet
      441 3  -  Elections 95 By Leslie Lopez KUALA LUMPUR As the short campaign period for Malaysia's ninth general election enters its final lap. Prime Minister Mahathir Mohamad's ruling National Front coalition is predicting that it will score its biggest poll victory in history.
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    • ELECTION SNIPPETS
      • Article
        Lock icon Mahathir fires 41 rebel party members
        58 3 AFP KUALA LUMPUR Prime Minister Mahathir Mohamad has axed 41 National Front party members who have defied his leadership to eontest as independents. Thirty-four were removed from Dr Mahathir's United Malays National Organisation (Umno), its secretary-general Mohamed Rahmat said. The other seven were from
        AFP  -  58 words
      • Article
        Lock icon Police warn against poll violence
        79 3 AP KUALA LUMPUR With pre-election violence spreading, the police warned campaigners yesterday to keep calm or face a crackdown. Officials said 156 incidents, including 16 brawls, had been reported across the nation. Four people were seriously injured and seven others arrested, Mohamed Cihazali, the director
        AP  -  79 words
      • Article
        Lock icon Let people's will prevail: Mahathir
        61 3 Bernama MARANG Democracy is a good system because it gives people the opportunity to dump governments that are not good. Prime Minister Mahathir Mohamad said yesterday. He said elections conducted under the democratic system in this country give the opportunity to the people to determine
        Bernama  -  61 words
      • Article
        Lock icon Newsweek reports on M'sia assailed
        49 3 AP KUALA LUMPUR Nensweek magazine has carricd unfair reports on Malaysia, Prime Minister Mahathir Mohamad said yesterday. The American weekly had described Malaysia as undemocratic. It also has criticised the 88-storey Kuaia Lumpur City Centre as wasteful spending, he told an election rally. AP
        AP  -  49 words
    • Article
      Australia to screen tourists from East Timor more thoroughly
      247 3  -  From Maggie Ford in JAKARTA AUSTRALIA is moving to stem the tide of political asylum seekers from East Timor who enter the country as tourists. An embassy spokesman said that residents of East Timor would be required to provide more information
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    • Article
      Ministers to brainstorm new ideas for Asean summit
      342 3  -  From Loh Hui Yin in BANGKOK ASEAN economic ministers will brainstorm next week for new ideas that would take the grouping's economic cooperation into the 21st century. "They will prepare the economic agenda for this year's Asean summit which will be held
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    • Article, Illustration
      Lock icon Remembering the war years
      59 3 AFP HO CHI MINH CITY Vietnamese-American tourists touching the body of an American FSA supersonic fighter jet at the War Crimes Museum here yesterday. The museum has an enormous amount of captured or left American weaponry. Thousands of tourists are in the former Saigon for the
      AFP  -  59 words
    • Article
      Lock icon US official finds Asian markets resilient in the face of crisis
      363 3 Reuter BANGKOK US Securities and Exchange Commission chairman Arthur Levitt said he thought Asian markets showed "substantial resiliency" following the financial crisis in Mexico in December and January. "The notion of saying what occurred in Mexico would have a
      Reuter  -  363 words
    • Article
      Suharto tells officials to monitor, extend aid to Indons working abroad
      214 3  -  From Maggie Ford in JAKARTA PRESIDENT Suharto has instructed Indonesian diplomats and manpower officials stationed in foreign embassies to monitor Indonesians who are working overseas and offer assistance whenever required. His call, in a speech delivered at a manpower
      214 words
    • Article
      Lock icon Petronas and Shell to build M$520m pipeline and distribution terminal
      289 3 MBT KUALA LUMPUR Petronas Dagangan Bhd and Shell Malaysia Trading Bhd yesterday signed a MSS2O million (***** million) deal for a mul-ti-product pipeline and distribution terminal, which they will jointly own. Work on the project will start by this December
      MBT  -  289 words
    • Article
      Plummeting US$ may force Thailand to prune economic growth forecast
      438 3  -  From Alan Boyd in BANGKOK THAILAND'S economic growth forecast may be revised following the turmoil in world financial markets, which has eroded export earnings and tightened money supply. The National Economic and Social Development Board, the government's main planning agency,
      438 words
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      142 3 Lipton celebrates Secretaries' Week mi k t jrWIMS Bom in Glasgow in 1850, Lipton revolutionised the way you could find yourself on a relaxing cruise to Penang. So, go wedrink tea, bringing it tothe masses. Hegavc us conveniently on have tea on us! small bags sealed for maximum freshness, an
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  • CHINA/HONGKONG/TAIWAN
    • Article, Illustration
      Lock icon China to renew land contracts started by Deng for millions of farmers
      552 4 Reuter BEIJING China's cabinet, the State Council, has approved the renewal of land contracts held by millions of farmers, extending for 30 years one of the first and most daring of Deng Xiaoping's econo-my-transforming reforms, officials said yesterday.
      Reuter  -  552 words
    • Article
      Lock icon China assures US it won't use force to settle Spratlys row
      285 4 Reuter, UPI, AP WASHINGTON China has assured the United States it docs not intend to settle a dispute over the Spratly Islands by military means. Secretary of State Warren Christopher said on Wednesday. The Spratlys arc part of an
      Reuter,; UPI,; AP  -  285 words
    • Article
      Lock icon China looks beyond Washington state for apple imports
      384 4 Reuter WASHINGTON China has agreed to begin importing apples grown in Oregon and Idaho. marking an expansion of Beijing's current policy to buy only US apples produced in Washington state, US officials said on Wednesday. The agreement was reached on Tuesday night
      Reuter  -  384 words
    • Article
      Lock icon Dissident to run for Taiwan presidency
      118 4 Reuter TAIPEI A prominent Taiwanese dissident, whose mother and twin daughters were murdered while he was detained on sedition charges in 1980, said on Thursday he would run in Taiwan's first presidential elections in 1996. "Next year's presidential election is a turning point for
      Reuter  -  118 words
    • Article
      Lock icon Anti-corruption drive targets big guns: top Chinese prosecutor
      301 4 AP BLUING Chinese authorities are going after bigger targets in their anti-eorruption drive, the top government proseeutor said yesterday. The uncovering of major eases involving high-ranking officials shows how deeply the current anti-corruption campaign is cutting." said Zhang Siqing. procurator-general of the
      AP  -  301 words
    • CHINA WATCH
      • Article
        Lock icon 20% rise in China's CPI seen
        100 4 Reuter HONGKONG Smith New Court Far East Ltd said it believes China's consumer price index (CPI) will rise some 20 per cent this year, with Beijing unable to meet its target of keeping inflation to 15 per cent. China s CPI rose a year-on-year
        Reuter  -  100 words
      • Article, Illustration
        Lock icon Arnie gets a break in Beijing cinema
        68 4 Reuter. BEIJING US-made action film Trite Lies has finally made it to the Chinese screen. The film, starring Arnold Schwarzenegger, opened in Beijing yesterday, following China's lifting of a quota on foreign film imports. However, censors will continue to control the number and
        Reuter.  -  68 words
      • Article
        Lock icon China raps local, foreign tax evaders
        111 4 UPI BEIJING China lashed out at tax calling the losses from local and foreign evaders "appalling.'' Since 1980, when the country first began levying personal income taxes, tax evasion has cost the state 20 billion (553.2 billion) to 30 billion yuan in losses, the
        UPI  -  111 words
    • Article
      Lock icon Taiwan's growth set to surpass forecasts
      236 4 Bloomberg Business News TAIPEI A government report released yesterday offers the latest piece of evidence that Taiwan's economic growth in the first quarter exceeded the official forecast. The Ministry of Economic Affairs said industrial production grew 8.3 per cent in the first quarter, better
      Bloomberg Business News  -  236 words
    • Article
      Lock icon Beijing limits foreign funds to US$3b for dam
      203 4 AFP BHIJING China is to limit foreign financing of the Three Gorges dam to US$3 billion (554.17 billion), or just 17.2 per cent of the estimated capital needed for the huge Yangtze River project. Xinhua reported. A Three Gorges Project Development Corp
      AFP  -  203 words
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      142 4 1 A SIMPLE GESTURE OF APPRECIATION AND THANKS Secretaries Week at Alkaff Mansion 24 to 28 April 1995 Qg/ mil elegant and stylish lunch treat awaits secretaries durimj Secretaries Week at the Mansions Dining Room. Enjoy Indonesian favourites from succulent BBQ prawnsfor starters to a choice of hearty main courses
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      Page 4 Advertisements Column 2
      73 4 Asia's corporate giants telecommunications giant PT Indosat created corporate history last October when it became the first state-owned company to list on both the New York Jakarta Stock Exchanges. In an exclusive 5r interview, Indosat president Tjahjono Soerjodibroto (left) talks about the communication giant's I strategy to cope with competition
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      10 4 Analysis: The net widens against Beijing's corrupt officials. Pg 17
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      374 5 Mm I Ifl V i wf a m I IM J B§R^ iovi.:V., 1 ,^y^tl^My7||^Myi MBmaWBS^: ~?.BHHEPb9&'.*: SHH^. > sfea. ifi i -/va« 4'#n|^H^^^^H^HM<i'- vw is >1- rr rafSßP l f t ~fc' Help us help Singapore help nature. The Care-for-Nature MasterCard from Hongkongßank And everytime you use your card,
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  • ASIA
    • Article
      Lock icon Aussie business confidence lowest in two years: survey
      437 6 Findings suggest more abrupt economic slowdown, says Dun Bradstreet Reuter, Bloomberg Business News "CANBERRA Dun and Bradstreet said its measures of Australian business confidenee dived sharply in the June quarter and suggested there would be a more abrupt eeonomie slowdown than previously
      Reuter,; Bloomberg Business News  -  437 words
    • Article, Illustration
      Lock icon HK-Aussie row erupts over claims Qantas is taking away Cathay Pacific passengers
      313 6 Reuter HONGKONG Hongkong and Australia revved up for a dogfight over claims that Australia's Qantas Airways is stealing tot) many passengers flying from Hongkong to Singapore and Bangkok from Hongkong's Cathay Pacific. Hongkong said yesterday it would restrict
      Reuter  -  313 words
    • Article
      Lock icon S Korean banks to be hit hard by Youone's impending collapse
      423 6 Reuter SEOUL South Korean banks will be hit hardest by the virtual collapse of an unlisted construction firm. Youone Construction, but the impact on the overall financial market is expected to be small, analysts said yesterday. "I don't expect
      Reuter  -  423 words
    • ASIA NOTES
      • Article
        Lock icon Indian by-elections to be held in May
        91 6 Reuter NEW DELHI India's Election Commission, rebuffing political parties worried about costly campaigns, yesterday upheld an order requiring 29 by-elections to be held next month. Major political parties wanted the May 27 polls for the nine Lok Sabha (lower house of parliament) and
        Reuter  -  91 words
      • Article, Illustration
        Lock icon Murder of a child activist
        52 6 MUREDKEY, Pakistan Pallbearers earning the body of 12-year-old Iqbal Masih here on Monday to his burial. Masih, who won an award in the US for his part in the movement against child labour, was shot dead by an unknown gunman near Lahore over the weekend.
        Reuter  -  52 words
      • Article
        Lock icon Tokyo plans to disband cult
        126 6 AFP TOKYO Police boosted security in Yokohama yesterday after a gas attack on its train system made 548 people sick, as authorities clamped down on the doomsday cult suspected in last month's deadly nerve-gas assault on the Tokyo subway. More than 6.000 police were deployed
        AFP  -  126 words
      • Article
        Lock icon US$9m French aid for Lanka
        62 6 AFP COLOMBO France granted an aid package worth US$9 million (5512.6 million) in concessional and commercial loans to Sri Lanka for its water and telecommunication projects, the French embassy here said yesterday. The agreement was signed in Paris last week, it said. France has been
        AFP  -  62 words
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      297 6 LANE CRAWFORD WOULD LIKE TO PUT THINGS IN PROPORTION. Things are changing at Lane Crawford. We've brought together the best from every department and concentrated it on two full floors. You'll find almost everything you looked for before, but with a new store layout, now there's a prettier, brighter and
      297 words
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  • THE WORLD
    • Article
      Lock icon Libyan leader purges rivals and revamps security forces
      435 7 Gaddafi bracing himself for defiant stand against West NYT TRIPOLI Muammar Gaddafi, who governs Libya with a love of grandiose projects and unflinching repression, has reorganised his security forces, purged rivals from his inner circle and set Libya on a course of
      NYT  -  435 words
    • Article
      Lock icon Officials' concern over sterling slide boosts expectations of UK rate rise
      321 7 Reuter, AFP LONDON UK Financial markets are even more convinced that UK interest rates will go up by another 50 basis points next month, following Wednesday's release of the March 8 monetary minutes which showed the authorities were worried
      Reuter,; AFP  -  321 words
    • Article, Illustration
      Lock icon Electric web swingers
      42 7 Reuter SEAL SANDS, England looking like occupants of a giant web, two Northern Electric technicians played Spiderman to sen ice a pylon here on Wednesday. The men were conducting a 10-year maintenance check on the national electrical grid. Reuter
      Reuter  -  42 words
    • Article
      Lock icon Singapore's luxury apartments now among the world's costliest
      265 7 Reuter NEW YORK It helps to be rich, very rich, if you plan to buy or rent a luxury apartment in Hongkong. New York, London or Singapore. But Tokyo, which ranks among the world's most expensive cities in which to live, has
      Reuter  -  265 words
    • Article
      Lock icon Strikes in Denmark hit public transport, factories
      224 7 AP COPENHAGEN A series of strikes and blockades throughout Denmark yesterday paralysed public transportation, closed factories and blocked publication of several daily newspapers. International and domestic flights at Copenhagen's airport were also affected by the actions in support of bus drivers in western
      AP  -  224 words
    • WORLD WATCH
      • Article
        Lock icon EU dairy experts to look at Gatt rules
        77 8 Reuter BRUSSELS European Union dairy experts will on April 27 try to agree on detailed rules for imports and exports of milk products after July 1, when the Gatt world trade accord comes into effect, EU officials said. Experts were given a
        Reuter  -  77 words
      • Article
        Lock icon German inflation to rise 0.2% in April
        106 8 Reuter FRANKEURT West German consumer prices are expected to rise 0.2 per cent in April, implying an annual rate of 2.2 per cent compared with 2.4 per cent in March, according to a Reuter poll of economists. Economists added that the benefit of
        Reuter  -  106 words
      • Article
        Lock icon Swedish current account surplus swells
        55 8 Bloomberg Business News STOCKHOLM Sweden's current account surplus rose to 4.1 billion kronor (*****.8 million) in February from 900 million kronor in February 1994, the central bank said. The surplus was below expectations. Economists polled by Swedish news agency Direkt expected a surplus of 4.6
        Bloomberg Business News  -  55 words
      • Article
        Lock icon Romania expects telecoms loan
        61 8 Reuter BUCHAREST Romania is likely to get a European Investment Bank loan worth 80 million Ecus (*****.9 million) to upgrade its telecommunications network over the next three years, the telecommunications ministry said. The project is part of broader plans to improve the country's battered phone system
        Reuter  -  61 words
    • Article
      Lock icon Ritz-Carlton voted top US hotel chain in poll
      195 8 Reuter NEW YORK The RitzCarlton Hotel Co was rated the United States' top hotel chain on Wednesday by a major travellers' survey of US hotels, resorts and spas. The Ritz-Carlton had eight of the top 20 hotels in the country, according to
      Reuter  -  195 words
    • Article
      Lock icon US dismisses Japan threat to pull out of car talks
      301 8 Bloomberg Business News AP WASHINGTON US officials dismissed Japan's threat to withdraw from car trade talks, saying they had heard it numerous times in two years of trade wrangling with the Asian nation. "What they said yesterday was not new."
      Bloomberg Business News; AP  -  301 words
    • Article
      Lock icon US sees big opportunities for exports in fast growing Asia
      350 8 Bloomberg Business News WASHINGTON Asia will continue to lead the world in economic growth over the next five years and present major opportunities for US exporters, a US Commerce Department report said. The study, US Global Trade Outlook 1995-2000. said
      Bloomberg Business News  -  350 words
    • Article
      Lock icon UK public deficit up in March but annual figure falls
      219 8 AFP LONDON Britain's public sector deficit totalled £10.35 billion (5523.2 billion) in March, double February's £5.2 billion, but the annual figure dropped to £35.56 billion from £45.4 billion in fiscal 1993-94, the Treasury said yesterday, quoting provisional data. The March
      AFP  -  219 words
    • Article, Illustration
      Lock icon Up and coming attraction
      51 8 Reuter MOSCOW Russian workers chatting beside the monument to World War II commander-in-chief Georgi Zhukov which was to be erected in the centre of Moscow last Wednesday. Russia is preparing for celebrations to mark the 50th anniversary of the Soviet victory over Nazi Germany in 1945.
      Reuter  -  51 words
    • Article
      Lock icon Nothing to fear from Iran nuke deal: China
      336 8 AFP, AP BEIJING China yesterday dismissed US concerns over the sale of Chinese nuclear technology to Iran, saying cooperation between Beijing and Teheran was fully in line with the nuclear Non-Proliferation Treaty (NPT). Responding to a US State Department statement on Wednesday
      AFP,; AP  -  336 words
    • Article
      Lock icon Dubai's 'broking' houses face closure
      285 8 UPI DUBAI "Broking" houses in the United Arab Emirates, accused of throwing awav million of dollars of investors' money in high-risk financial transactions, face closure following the introduction of new UAE central bank regulations, officials said yesterday. The new rules, which went into effect on
      UPI  -  285 words
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      Page 7 Advertisements Column 1
      256 7 am Nh V HP knows how critical your network server Sp W Mf' j 'M m is to your business. So HP Net Servers are l- k M m engineered to ensure that your network I; TR ,|f j m servers are always up and running. m V J All
      256 words
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      519 8 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF QARUCK SECURITIES (PTE) LTO (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting of the Company held on the 11th day of April, 1995:•SPECIAL RESOLUTION" That the
      519 words
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      Page 8 Advertisements Column 2
      17 8 The m z offers B the most I current 1 list of Job I" opportunities I available--111
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      Page 8 Advertisements Column 3
      63 8 B U S 1 NE S ST I MB S TOI.I. I Rli: TIT No 1-800-741-1883* FAX: 741-1298^^ •> t A na<)'«* ,c >- r A j I I SELL^ Classified ads make finding a job an easy chore. No matter what it is, you can always buy it, sell
      63 words
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  • SPORTS
    • Article
      Lock icon AC Milan and Ajax to meet in Champions Cup final
      297 9 AP LONDON Having beaten AC Milan twice earlier in the campaign, Ajax of Amsterdam has to do it again in the Champions Cup final after both soccer giants made it through on Wednesday. Finnish striker Jari Litmanen scored twice as
      AP  -  297 words
    • Article, Illustration
      Lock icon Butler's soft landing
      34 9 Reuter LANDOVKR, Maryland Washington Bullets' Mitchell Butler (32) landing on the back of Orlando Magic's Nick Anderson as he hangs from the rim during the first quarter action on Wednesday. Keuter
      Reuter  -  34 words
    • Article
      Lock icon Mermaid boat handles rough Pacific to take the lead
      425 9 America's Cup AP SAN DIEGO The mermaid boat. Young America, handled the ehoppy Pacifie Oeean and rode the shifty wind baek into the lead of the America's Cup defender finals. Looking more like the defender favourite than the boat that lost
      AP  -  425 words
    • Article
      Lock icon It was hard work, Boon says on eve of his 100th test
      550 9 Reuter PORT OF SPAIN. Trinidad There are two matters your cricket-loving Caribbean taxi driver will bring up in the course of a 10-minute journey. One is the fare, the other, which is not open for debate, is the
      Reuter  -  550 words
    • SCORE CARD
      • Article, Illustration
        Basketball
        35 9 NEW YORK NBA Wednesday Cleveland 90 Miami 79; New Jersey 99 Atlanta 104; Washington 123 Orlando 117 (OT); Indiana 103 Philadelphia 91; Milwaukee 106 Boston 97; Denver 106 Minnesota 81; Utah 115 Houston 96.
        35 words
      • Article, Illustration
        Golf
        72 9 NEW YORK World rankings: I Nick Price (Zim) 20.78 pis 2 Nick Faldo (Eng) 18.66 3 Greg Norman (Aust) 18.46 4 Bern hard I.anger (Ger) 14.62 5 Ernie Els (SA) 14.44 6 Fred Couples (US) 13.00 7 Colin Montgomerie (Scot) 12.98 8 Jose Maria Ola/abal (Spn) 12.94 9 Masashi
        72 words
      • Article, Illustration
        Soccer
        49 9 PARIS European Cup semi-final 2nd-leg Wednesday AC Milan (Ita) 2 (Sa vice vie 21. 68) Paris-SG (Fra) 0. AC Milan win 3-0 on aggregate: Ajax (Hoi) S (Litmanen 11. 47. Finidi 41. IX' Boer 45. Overmars 89) Bayem Munich (Ger) 2 (Witeczek 36. Scholl 75pen). Ajax win 5-2
        49 words
      • Article, Illustration
        Tennis
        140 9 SKOII. Fed Cup Asia-Oceania zone qualifying round matches Thursday Group A: S Korea b NZ 3-0; Thailand b Kazakhstan 3-0. Grp B: China b Taiwan 3-0; HK b Philippines 2-1. HONGKONG Hongkong Ope« 2nd rd Wednesday 4-Thomas Enqvist (Swe) b David (Ger) 6-7 (5-7) 6-1 6-4; 5-Jonas Bjorkman (Swe)
        140 words
      • Article, Illustration
        Yachting
        63 9 SAN DIKGO America's Cup Wednesday Defender series (each victory worth one point): Young America (Kevin Mahaney) b America 3 (Leslie Egnot) by 2 mins 46 sec. Standings. 1 Young America 4 pts 2 equal Stars Stripes; Amcnca3 3. Challenger series: Team New Zealand (Peter Blake) v One Australia (John
        63 words
    • Article, Illustration
      Lock icon Fading Foreman wants bout with Tyson
      551 9 NYT LAS VEGAS He is of the coffee generation. George Foreman skips rope, chops wood and drinks two cups a day, caffcinated. This heavyweight champion of the world is not only old enough to be his next opponent's father, but he also woke up
      NYT  -  551 words
    • SIDE LINES
      • Article
        Lock icon Montana says bye to Kansas Chiefs
        86 9 AFP KANSAS CITY, Missouri National Football League great Joe Montana said goodbye again here on Wednesday, bidding farewell to the Kansas City Chiefs a day after announeing his retirement in San Franciseo. Some 60 players and friends attended the seeond send-off at the Arrowhead
        AFP  -  86 words
      • Article, Illustration
        Lock icon Playing table tennis for charity
        49 9 Reuter HONGKONG US tennis player Jim Courier (right) playing table tennis with his compatriot Michael Chang for charity yesterday during a break at the Hongkong Open tennis tournament. Chang beat Courier at the table tennis and raised US$lB,4OO (5525.576) for tennis promotion here. Reuter
        Reuter  -  49 words
      • Article
        Lock icon All but 1 of top 104 enter French Open
        77 9 AP PARIS All but one of the top 104 men players in the world have entered the French Open, the French Tennis Federation said on Wednesday. The Grand Slam tournament on the clay courts of Roland Garros will have all but
        AP  -  77 words
      • Article
        Lock icon England attacks seeding system
        96 9 AP LONDON England captain Will Carling on Wednesday attacked the rugby union World Cup seeding system, which has left his team almost certainly facing either host South Africa or defending titlist Australia in the quarter-final. England's World Cup task appears toughest of the seeded teams because
        AP  -  96 words
      • Article
        Lock icon Clinton jogs with marathon winners
        76 9 AP WASHINGTON President Clinton set the pace in a leisurely jog with the Boston Marathon winners. He said on Wednesday: "It was great. I wasn't too hard on them." hje led a group that included men's winner Cosmas Ndeti of Kenya and women's winner Uta
        AP  -  76 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      103 9 DEIJING MAESTRO AT LINGZHI VEGETARIAN RESTAURANT 8-30 April 1995 the extraorinaire Chinese Masterchef Han Sijun. np An expert in vegetarian cuisine from the Buddhist f Masterchef Han's creations —have left many a palate Masterchef Han Suun 1 wanting more. Now, due to overwhelming popular requests, Lingzhi has specially invited Masterchef
      103 words
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      Page 9 Advertisements Column 2
      39 9 mm smg MSSday Thailand's First International Business Daily Dedicated to Cover Business News in Thailand and around South East Asia at select 7- Eleven, Cold Storage and Times The Bookshop For subscription enquiries, please call our hot-line at **********7
      39 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      334 10 Stay well ai The new Acer Mate 486/g and Acer Mate 800. The ne The super fast workhorses. Go on, blaze away. With the new Acer Mate 486/g, which offers high performance VESA interface at a really affordable price. Or the Acer Mate The Ace 800, which combines the power
      334 words
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      Page 11 Advertisements Column 1
      286 11 I The new Acer Altos 7000 Value/Premium series servers.' I Affordable, scalable PCI-EISA servers with built-in 1/ Acer Altos 7000 Value/Premium series servers have everything Integrated 32-bit PCI Fast Ample storage space CPU 1 SCSI 2 controller that for 3 x 5.25" ana 9 x 3 lit SC 3.13. bill
      286 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      383 12 B&E This BUD'S For You/ WHERE TO WINE, DINE AND ENTERTAIN OF TH€ MOST RUTH6NTIC ITRUfiN PflSTfi PIZZA IN TOUJN f"S All Pasfa Lovers! A Outlet At J ALL-TIME ITALIAN FAVOURITES... ...NEARER TO THfEAST^K PASTA FRESCA DA SALVATORE PTE LTD XULy 350 Ordnrd tod She Houu l*» kom Iml 4
      383 words
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      Page 12 Advertisements Column 2
      355 12 8 EXOTIC CUISINES FOR JUST ONE PRICE. (Safe $16.80 for lunch. Or $19.80 for dinner. To qet a seat, we advise you to call 737 2911 U BOUI fcVARD HOTEL Ext 2868 earfy for a reservation. Prices subject to 10% setvice charge. t% cess 3% GST Sinjipre 1024 Secretaries Week!
      355 words
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      Page 12 Advertisements Column 3
      423 12 I LUNCH OR DINNER, I FEAST ALL YOU I CAN! g ft That's over SO delightful dishes in all! Featuring the Ix'st talked alx>ut seafood and Cantonese cuisine. > w All you can eat. Complimentary platter B- of Peking Duck Suckling Pig sfc? plus Guiling I lerlial Jelly. S Lunch:
      423 words
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      Page 12 Advertisements Column 4
      274 12 mjr-= Jancy 'Beijing? 'Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian 'Beijing dumplings, a selection of set menus, and "Beijing specialities Elliif such as "Beijing T>uc(i, Tench and HEK^ll!i Marinated Lamb. Jancy some nou>? RESTAI'RA\T I l/a/ukirt'/i
      274 words
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  • LIFESTYLE
    • Article, Illustration
      Sitting pretty and healthy with the latest in ergonomics
      547 13  -  Corinne Kerk takes a look at a chair that is designed to respond to the diversity of users and postures Corinne Kerk he Aeron. f U which has I features I such as -A- new tilt dynamics, inventive suspension and a
      547 words
    • Article
      Lock icon NY auction houses to sell US$200m worth of art in May
      324 13 Reuter NEW YORK From Pamela Harriman's Picasso to IBM's Diego Rivera, more than USS2OO million (SS27B million) worth of major art goes on sale at New York auction houses in May, fuelling hopes that the art market's long recession
      Reuter  -  324 words
    • Article, Illustration
      Lock icon Dicaprio's set to stay in limelight with The Basketball Diaries
      708 14 Acclaimed actor Leonardo Dicaprio has found new fame in his first lead role in a movie that traces a teenager's descent into heroin addiction. While the film is unlikely to become a big box-office success because of its subject, it
      UPI  -  708 words
    • Article, Illustration
      Lock icon Pavarotti launches perfume for men
      707 14 CHATTERBOX Reuter UPI UPI UPI AFP ITALIAN tenor Luciano Pavarotti launched his own perfume for men which he said was sexy enough for women to wear. Greeted by adoring fans shouting "Bravo" at the exclusive Harrods store, the heavyweight singer autographed bottles and promised the
      Reuter; UPI; AFP  -  707 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      236 13 WHERE TO WINE, DINE AND ENTERTAIN VALUE FOR MONEY YAUJE FOR MONEY VALUE FOR HONEY < I Nasi padanG I I BUFFET LUNCH S iSISBSj APPETIZER SOUP PRAWN CHICKEN FISH MUTTON a BEEF CUTTLEFISH CRAB EGG VEGETABLE g DESSERT COFFEE/TEA AND MORE... g 'ml COME TO s S INDONESIAN RESTAURANT
      236 words
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      Page 13 Advertisements Column 2
      150 13 TSINGTAO BEER Standing tall with its Superb Flavour Tsingtao, a rich strong flavoured beer brewed with sparkling, spring water from the famous mountains of Laoshan. Its superb taste, praised and awarded the world over since 1963, quenches your thirst... revitalises your body... makes you |_j| feel good! |a| Tsingtao, it's
      150 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1277 13 TV RADIO Aliens, Bpm, Ch Wf Kiplcy (Sigourncy Weaver) is W* found 56 years after launched into spaee. She is sent back to the Alien planet with Michael Bichn, Paul Re- iser and heavily-armed sol- diers. when the colony there K disappears. James Cameron -Wt^ (Terminator If) directs this ac-
      1,277 words
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      Page 14 Advertisements Column 1
      349 14 Enter the world of Lee Kuan Yew at a snap >jj^ V. to see his path in life and listen to him on how to run a country. The Family Constituency visits L ee K U an Yew conducted a marathon series of constituency Election Rallies National Day iL f1
      349 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      WPP expansion an uphill task
      893 15  -  Michelle Low collars WPP chief executive Martin Sorrell, who was on a tour of the Asia-Pacific, for the inside track Michelle Low THESE days, "economies", "balance" and "coordination" are the pet words of WPP pic chief executive Martin Sorrell. Running the world's largest advertising and
      893 words
    • Article, Illustration
      Ketchum PR to boost presence in Asia by buying into affiliates
      424 15  -  Jenny Lam talks to Ketchum PR chairman David Drobis on how the public relations company will plug itself into the Asian market Jenny Lam KETCHUM Public Relations Worldwide, the world's seventh largest public relations group, is stepping up its
      424 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      96 15 jVpjfe ro -the Top Qt C£L+,IALL. Jo write eu-ivk Jb* prvud -fop**}* u*. UtUstr 'Sock $tuJ)rt44 <Hu_ ",V £)tr4~c4rY n+xW fUjt filWjJnr J <%+iA Jiu. jo)> U ft*"**- limits <- hmJs &w lc±pt*u>j IHLL u&u*- go fit fa VACS Asi+A <fh*if AJprve AsK*/ Hi*. U**JL tOn+t l-c+* &10UJ l>t£ iaft+4,
      96 words
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      Page 15 Advertisements Column 2
      18 15 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertise your Appointments or Notices, call toll-free 1-800-741-1883 [TlveßiraiUTimo*]
      18 words
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      Page 15 Advertisements Column 3
      243 15 NEWS NETWORK SINGAPORE Singapore's Official Visitor Channel NOW SINGAPORE HAS 45 TV CHANNELS EXCLUSIVELY FOR VISITORS! Since its inception on 01 January 1995, TNN is now being screened round-the-clock over 45 TV Channels in Singapore's Premier Hotels, Changi Airport, Cruise Liners (and soon on Airlines) TOURISM NEWS NETWORK TNN-AN ADVERTISING
      243 words
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  • Article
    Getting tough with terrorists
    475 16 EDITORIAL THE horrific outrage in Oklahoma is a shocking reminder that the threat of terrorism is ever-present and that a tough line is the only way to deal with it. In the past few weeks, terrorism political, religious or ideological has been back in the headlines.
    475 words
  • WHAT THE OTHERS SAY
    • Article
      Smoothening the road to 1997
      546 16 CHINA'S National People's Congress (NPC) chairman Qiao Shi may have helped to defuse a potentially dangerous crisis by assuring Hongkong that Beijing appreciated the fears of the colonial community, and had no intention of reneging on its commitment to maintain its political and economic systems
      546 words
    • Article
      Allaying exporters' S$ fears
      136 16 SINGAPORE exporters may heave a sigh of relief when the Government looks into their loud grouses on the impact of the strong Singapore dollar. Many believe the strength of the SingS has made the Republic's exports more expensive, eroding our competitive edge. There is no quick-fix
      136 words
    • Article
      Strengthening S'pore-China ties
      188 16 THE Young People's Action Party, led by Minister for Information the Arts George Yeo, had ended their 10-day visit to China. The trip, at the invitation of the Communist Youth League, has great historieal significance to both Singapore and China: This is the first exchange in history
      188 words
    • Article
      What price democracy?
      160 16 JUST six years ago the world seemed about to become a much better place. The Berlin Wall had fallen, euphoria reigned in Europe, glasnost and pcrestrvika were taking hold in Russia. "Democracy" and "free-market economics" seemed vindicated. But even these two wonderful ideals, like all human undertakings
      160 words
    • Article
      Doubts cast by volatile US$-yen
      129 16 JAPAN'S Finance Minister Masayoshi Takemura and US Secretary of the Treasury Robert E Rubin reaffirmed at a separate meeting in Bali on Sunday their commitment to continuing consultation and cooperation on exchange market issues. But as long as their commitment is not seen as creditable
      129 words
    • Article
      Seeking to limit nuclear arms
      133 16 MORE than 170 countries opened a month-long nuclear weapons conference yesterday at the United Nations head-quarters in New York, with the goal of stopping their spread. The signatory countries of the nuclear Non-proliferation Treaty (NPT) will whether to extend it indefinitely or for one more
      133 words
  • Article, Illustration
    Lock icon Challenging the monarchy
    960 16  -  David Gardner detects a softening in the Saudi Arabian monarchy's absolute grip on power David Gardner FT THli MAN who spoke first in the debate was an Egyptian Marxist. It was midnight in a wedding hall on the outskirts of Riyadh and our host was a Saudi
    FT  -  960 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      21 16 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertise your Appointments or Notices, call toll-free 1-800-741-1883 f The Strait* Times
      21 words
    • Advertisement
      Page 16 Advertisements Column 2
      325 16 INFniline ENGLISH NUMBER Children's Funland Horsey Morsey 910 0001 Usborne Book Line The Vinegar Bottle Woman 910 0002 Horse Racing Results 911-0001(*) 4D/Sweep/Toto Toto Draw No 965 911 0002( Tele-GameS I Crack The Safe A Mrs Wizards's 911 0003 Crystal Ball 9 Mensa Line Puzzles In Today's Life A 911
      325 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      34 16 i cp\N'T to do I Tirne. i set rdot in this r, ,T .-eg. IN) > Vtt NOTHING, R\G>HT J I BOiUOfJG SOMG-eoDV PUU.S THEIw iKn \r—W FRO*, Doonesbury has been delayed in the mail
      34 words
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  • ANALYSIS
    • Article, Illustration
      No more easy money in Shanghai
      1131 17  -  China tightens the screws on what it perceives as overborrowing in foreign markets by local companies. Meanwhile, the walls close in on crooked officials who embezzle to support their bourgeois lifestyles. Peter Seidlitz reports from Shanghai Peter Seidlitz IT'S GOING to be a hard
      1,131 words
    • Article
      The net widens against Beijing's corrupt officials
      816 17 IT WAS a sunny day when Beijing vice-mayor Wang Baosen. 60, asked his driver to take him along the scenic road leading to the ancient imperial town of Chengde north of the capital. At the halfway point, in the town of Huairou. he
      816 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      29 17 The secret of success Bs^j|^ Taking the right course, of course. Study the wide range of courses available in the Education/instruction Section in the Classified Classifications 600- 670. CATJ&
      29 words
    • Advertisement
      Page 17 Advertisements Column 2
      270 17 FW Keppel Bank kX4 of Singapore Limited (Incorporated in the Republic of Singapore) NOTICE OF CLOSURE OF BOOKS OF MEMBERS NOTICE IS HEREBY GIVEN THAT Subject to approval being obtained at the 36th Annual General Meeting to be held on 6 June 1995, a first and final dividend of 3%
      270 words
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      Page 17 Advertisements Column 3
      80 17 invitation, fashion and gifts. Is there a catch, loss?" "No catch!" Set luncheon at $20++ includes complimentary glass of wine, beer or soft drink. Secretaries' Week, April 2A to 28 Daily door prizes are available. Grand prize a cruise on the Star Aquarius. KEY LARGO OYSTER BAR SEAFOOD RESTAURANT #01-08
      80 words
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  • Article, Illustration
    Lock icon Clinton vows swift reaction to bombing as the hunt begins
    554 18  -  From Leon Hadar in WASHINGTON PRESIDENT Bill Clinton has marshalled the investigative resources of the federal government, as well as of international intelligence agencies, as part of an extensive effort to find the perpetrators of what law-enforcement authorities describe as
    Reuter  -  554 words
  • Article
    Lock icon IBM beats forecasts by trebling profit to US$1.2b
    354 18 Bloomberg Business News NEW YORK International Business Machines Corp (IBM) said its first-quarter earnings more than tripled to US$l.24 billion (SSI J billion) on robust sales of mainframes and personal computers, as well as on gains overseas from the weak dollar. The
    Bloomberg Business News  -  354 words
  • Article
    Ramos regrets deadlock, tells officials to arrange for final autopsy
    389 18  -  From Al Labita in MANILA PRESIDENT Fidel Ramos yesterday expressed regret over Wednesday's deadlock on the Philippines-Singapore joint autopsy on the remains of Filipina Delia Maga. "A number of issues remained unresolved," Mr Ramos said in a statement and ordered
    389 words
  • Article
    Lock icon Robust car business drives GM 1st-qtr profit to record US$2.2b
    335 18 Reuter DETROIT General Motors Corp yesterday reported record profits in the first quarter, helped by a turnaround in its US car business and improvement in its foreign operations. The world's largest carmaker said it earned USS2.2 billion (553.07 billion), the
    Reuter  -  335 words
  • Article
    Lock icon No trace of Pillai, say Indian police
    242 18 Reuter BOMBAY Police admitted yesterday they cannot find fugitive Indian tycoon Rajan Pillai 10 days after he fled to Bombay from Singapore. "We are making every effort to search for him. He may have left Bombay," a police spokesman said yesterday. Police also
    Reuter  -  242 words
  • Article, Illustration
    Japan bashers must take hard look at the facts again
    885 18  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent JAPAN-BASHING is back with a vengeance as a result of the government's alleged failure to come up with a satisfactory economic stimulus package. Never has such criticism
    885 words
  • Article
    Lock icon Manila reports US$168 million payment surplus
    96 18 AFP MANILA The Philippines achieved a US$l6B million (***** million) balance of payments surplus in 1994 in a major turnaround from the US$5Ol million deficit of 1993, Central Bank Governor Gabriel Singson said yesterday. Mr Singson said the surplus was due mainly to strong
    AFP  -  96 words
  • Page 18 Advertisements
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  • COMPANIES & MARKETS
    • Article, Illustration
      CityDev aims for mix of outlets at Central Mall
      400 19  -  By Abdul Hadhi SINGAPORE City Developments is aiming for a mix of retail, food and beverage, and entertainment outlets in seven eonservation warehouses at Riverside Village, the latest attraetion along the banks of the Singapore River. Named Central Mall, the warehouses
      400 words
    • Article
      Lock icon KLSE urges caution in wake of tampered share scrip
      156 19 NST KUALA LUMPUR The Kuala Lumpur Stock Exchange (KLSE) has cautioned dealer's representatives to exercise extra vigilance when accepting big sales order from their existing clients in the wake of increasing number of tampered share scrip. It said an increasing number
      NST  -  156 words
    • Article
      Singapore Telecom buys 47% of American fax firm for US$30m
      186 19 SINGAPORE Singapore Telecom has bought a 47 per cent stake in Fax International Inc, a Massachusetts-based company, for US$3O million (Ss42 million). Fax International is in the business of guaranteed delivery transmission of facsimile documents, Telecom said yesterday. Domiciled in
      186 words
    • Article
      JEL elaborates on its 1994 results in response to SES query
      234 19 SINGAPORE Jurong Engineering Ltd (JEL) yesterday expanded on its 1994 results, after being queried by the Stock Exchange of Singapore. The engineering and construction group, which posted an 8.2 per cent rise in net profit to $11.8 million, said
      234 words
    • Article
      Potential rich pickings in Tokyo stocks as interest rates hit rock bottom
      934 19  -  HOCK LOCK SIEW By Anthony Rowley TOKYO Money talks, and what it is saying in Japan at the moment is that now is the time to buy the Tokyo stockmarket. This may seem odd as predictions are growing
      934 words
    • Article, Illustration
      Bed-linen maker Mayfran gets nod for Sesdaq listing
      431 19  -  By Jenny Lam SOUTH-EAST Asia's leading bed-linen maker Mayfran Singapore has received in-princi-ple approval from the Stock Exchange of Singapore to list its shares on the second board. Henry Koh, managing director of this homegrown company, told Business Times that he hopes
      431 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        50 19 Firm 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance. Barings. Credit Lyonnais Securities. Fraser. UK Uoh. Kay Hian. Morgan Urenfell. Ong Co. Nomura. Phillip. Smith New Court. H I Carr and SG Warburg
        50 words
      • Article, Illustration
        HOT STOCK
        96 19  -  By Paul Leo CASH appears to have limited downside risks from here, having lost almost half its value in just two months. Its weekly and monthly RSIs are below 25, indicating an oversold position. The daily charts are neutral. Only danger is there is no clear support between
        96 words
    • COMPANIES
      • Article
        Genting Bhd plans to set up M$740m newsprint plant
        380 20  -  Production at proposed Selangor plant scheduled to begin in mid-1997 From Ruth Wong in KUALA LUMPUR GENTING BHD has proposed to expand its paper manufacturing facilities by setting up a MS74O million (SS4IB million) newsprint plant in Kuala Langat, Selangor. The
        380 words
      • Article, Illustration
        Indorama to raise US$50m from 1-for-6 rights
        427 20  -  By William Chia SINGAPORE Indonesia's largest polyester producer PT Indorama Synthetics is planning a l-for-6 rights issue to raise around US$5O million <Ss7o million) to finance part of its ambitious expansion programme. Indorama managing director S P Lohia, who was in Singapore yesterday
        427 words
      • Article
        Hume invests M$120m to treble capacity of fibre-board plant
        291 20  -  From Ruth Wong in KUALA LUMPUR MANUFACTURING-based Hume Industries Bhd. which is keen to build up its woodbased business, is pumping in some MS 120 million (SS6B million) to expand its medi-um-density fibre-board (MDF) plant in Nilai, Negeri Seremban. Senior group
        291 words
      • Article
        Singamas to set up new operation in Hongkong
        185 20 SINGAPORE Rapidly expanding Singamas Container Holdings, which is listed on the Hongkong and Singapore stock exchanges, will set up what is called a mid-stream operation in Hongkong. The managing director of Singamas subsidiary Eng Kong Containers, Sunny Cheong, said yesterday strong market
        185 words
      • COMPANY BRIEFS
        • Article
          ISO 9002 certification for FCC arm
          56 20 SINGAPORE The property arm of First Capital Corp has received ISO 9002 certification the international mark of quality. Ihe certification, after an audit by the Construction Industry Development Board and the Singapore Institute of Standards and Industrial Research, is for First Capital Property Management's
          56 words
        • Article
          Heshe selling Lucky Plaza shop
          69 20 SINGAPORF Heshe Holdings, hit by poor retail sales, is selling its treehold. 44 sq m shop in Lucky Plaza to Everian Holdings for Si.B million. The sale will net an extraordinary gain of about $750,000. Ihe proceeds will be used to repay part of debt
          69 words
        • Article
          Goodman Fielder Asia calls EGM
          47 20 SINGAPORE Goodman Fielder Asia has called an extraordinary general meeting on May 16 to get shareholders' approval to change its name to Auric Pacific Group. The change is needed because Goodman Fielder no longer has a major stake in Goodman Fielder Asia.
          47 words
        • Article
          Glaspec raises paid-up capital
          99 20 SINGAPORE Glaspec Industries has raised its issued and paid-up capital from $2 to S2 million, with its parent company Liang Huat Aluminium subscribing for 1.999.998 new ordinary shares of Si each in Glaspec. With the increase. Glaspec's whollyowned subsidiaries Glasia Pte Ltd and Glaspec (M) Sdn
          99 words
        • Article
          Perlis Plant profit up
          59 20 KUALA LUMPUR Perlis Plantations has reported a 26 per cent rise in group pre-tax profit to MS33B million (SSI9I million) for calendar year 1994, from M 5268.5 million in 1993. After-tax profit last year was M 5251.01 million, up from M 5212.04 million previously. Group turnover
          59 words
      • Article
        Untitled
        598 20 Managers' price* Apr 21 Mcndaki Or Fund 097 100(« US Or Fund 097 1.01** Singapore Unit Trust The Commcrcc 158 167 UvB ASSCt mgt Ltd The Savings Fund I 41 141 Unifund 1.33 1.39 S'porc Prog Fund 0 57 0.61 I nihond 1.03 1.06 S'pore See Fund 0 94 100
        598 words
      • Article
        Promet-managed oil terminal near Karachi opens
        169 20 SINGAPORE The Fauji Oil Terminal near Karachi, built and managed by Malaysia's Promet group, was opened yesterday by Pakistan's Prime Minister Benazir Bhutto. The Port Qasim project is one of the first under the Pakistan government's privatisation programme in which the private sector was
        169 words
      • Article
        Lock icon HK bourse amends rules for more bank transparency
        321 21 KnightRidder Reuter HONGKONG The Stock Exchange of Hongkong has announced amendments to rules governing financial disclosure of listed banking companies to increase transparency. However, the exchange did not cover the controversial issue of internal reserves, which are currently kept secret by most
        Knight- Ridder; Reuter  -  321 words
      • Article, Illustration
        Lock icon Oriental Brewery losing market share
        266 21 Reuter SEOUL As South Korea's sweltering summer approaches, the nation's breweries are getting into a froth over market share. For decades. South Korea's brewing industry had been dominated by one beer company, Oriental Brewery Co Ltd (OB). But the shape of the country's highly-protected beer
        Reuter  -  266 words
      • COMPANY BRIEFS
        • Article
          Lock icon Lee Hing 1994 profit falls 34%
          118 21 Bloomberg Business News HONGKONG Securities trading and real estate investment company Lee Hing Development said its net profit fell 34.5 per cent for the year ended Dec 31, 1994. In a statement, the company said net profit after tax fell to HK$ 177.8 million
          Bloomberg Business News  -  118 words
        • Article
          Lock icon MKI liquidation decision today
          66 21 Bloomberg Business news HONGKONG Hongkong's Securities and Futures Commission will decide today whether to continue its first-ever attempt to have a public company liquidated. SFC executive director Gerard McMahon said the winding-up petition announced late last year against MKI Corp could still proceed, even though hearings
          Bloomberg Business news  -  66 words
        • Article, Illustration
          Lock icon MTV blows its own trumpet
          47 21 TAIPEI Music Television Asia president Peter Jamieson holding up a copy of Newsweek at the launch of MTV Asia here yesterday. An article in the magazine said the US-based M'I"V Networks had captured audiences in most parts of the world. AFP AFP
          AFP  -  47 words
        • Article
          Lock icon Yizheng plans for 400m new shares
          61 21 Bloomberg Business News HONGKONG China's state-owned polyester maker Yizheng Chemical Fibre Co said it had gained shareholder approval for its plan to issue up to 400 million new shares within six months. Any new issue is still subject to approval by China's Securities Commission
          Bloomberg Business News  -  61 words
        • Article
          Lock icon Qingling Motors profits up
          63 21 Knight-Ridder HONGKONG China's Qingling Motors has reported estimated profits after tax and minority interests of 521.93 million yuan (SsB6 million) for the year ended Dec 31, 1994, up from 481.55 million yuan in the previous year, the company said. The results are estimated because the company
          Knight-Ridder  -  63 words
        • Article
          Lock icon Thai-Asia Fund rejects Regent request
          63 21 Bloomberg Business News HONGKONG Thai-Asia Fund Ltd, an investment fund listed in Hongkong, rejected Regent Fund Management's request to renew its share buy-back programme, the Chinese-language Hongkong Economic Journal reported. An extraordinary shareholder meeting was convened on Wednesday following Regent's repeated calls to find ways
          Bloomberg Business News  -  63 words
      • Article
        Lock icon Takeover by US firm highlights ease of buying NZ assets
        336 21 Reuter WELLINGTON Carter Holt Harvey, New Zealand's second biggest company, was taken over yesterday by US pulp and paper giant International Paper, highlighting the relative ease with which foreign investors can buy New Zealand assets. International Paper took exactly a
        Reuter  -  336 words
      • Article
        Lock icon Aussie TV body to probe stake-building in Seven
        267 21 Reuter CANBERRA The Australian Broadcasting Authority (ABA) said it was investigating whether Perth-based media proprietor Kerry Stokes and/or media group News Ltd are in breach of broadcasting provisions following stake-building moves on the Seven Network Ltd. News Ltd is a unit of
        Reuter  -  267 words
      • Article
        Lock icon Colonial Mutual hit by financial markets' downturn, incurs A$261m loss
        259 21 Reuter MELBOURNE The Colonial Mutual Life Assurance Society has reported a group net loss of AS26I million (***** million) for last year. Managing director and chief executive officer Peter Smedley said in a statement that the earnings result was driven
        Reuter  -  259 words
      • Article, Illustration
        Lock icon BlL's sale of stake in W&H may be delayed
        260 21 Reuter WELLINGTON Brierley Investments Ltd (BlL)'s possible sale of its 28.8 per cent stake in newspaper publisher Wilson and Horton (W&H) could be delayed following criticism of BlL's recent exit from Carter Holt Harvey, analysts said. BIL attracted criticism in some
        Reuter  -  260 words
      • Article
        Lock icon US newspapers in drive to put industry on-line
        391 22 AP Reuter NEW YORK Eight of the largest US newspaper companies announced a joint venture on Wednesday to drive the industry into broader use of online services and other forms of electronic publishing. The companies said their objective is to help newspapers
        AP; Reuter  -  391 words
      • Article, Illustration
        Lock icon Chrysler tells its banks not to finance Kerkorian bid
        424 22 Bloomberg Business News Reuter NLW YORK Chrysler Corp is putting pressure on its biggest banks not to finance Kirk Kerkorian's US$2O.5 billion (5528.49 billion) hostile bid for the carmaker, bankers familiar with the situation said. OfTieials from the office of Chrysler
        Bloomberg Business News; Reuter  -  424 words
      • Article
        Lock icon Weary shareholders want Salomon to be acquired
        335 22 Bloomberg Business News NEW YORK Salomon Inc, struggling to overcome a year of losses and defections among key personnel, faces another unfriendly contingent: investors who want to see the company acquired. "I would much rather see Salomon sold." said Douglas Grey, a portfolio
        Bloomberg Business News  -  335 words
      • Article
        Lock icon MCI enjoys strong growth in long-distance phone volume
        351 22 NYT NEW YORK MCI has won the latest skirmish in its running battle with AT&T and Sprint for long-distance telephone customers, based on the company's first-quarter results. MCI Communications Corp said on Wednesday that its volume of long-distance calls increased a robust
        NYT  -  351 words
      • COMPANY RESULTS
        • Article
          Lock icon Coke's 1st quarter income up 22%
          67 22 NYT NEW YORK Coca-Cola Co on Wednesday reported a 22 per cent increase in first-quarter earnings. The world's largest softdrink maker, earned US$63B million (SSB9O million), or 50 cents a share, up 22.4 per cent compared with US$52l million, or 40 cents a share,
          NYT  -  67 words
        • Article
          Lock icon GE posts 13% rise in earnings
          69 22 Bloomberg Business News FAIRFIELD, Connecticut General Electric Co said first-quar-ter earnings rose 13 per cent, helped in particular by increased profits at its plastics, appliances and broadcast divisions. Net income in the latest quarter was US$l.37 billion (S$ 1.9 billion), or 81 cents a
          Bloomberg Business News  -  69 words
        • Article
          Lock icon USAir Group losses down
          76 22 NYT NEW YORK USAir Inc's parent, USAir Group Inc, which has been struggling with consumer safety concerns since last year's two crashes, said on Wednesday that its losses had narrowed in the first quarter and that it had an operating profit in March. USAir Group reported
          NYT  -  76 words
        • Article
          Lock icon AMR earnings above expectations
          73 22 NYT NEW YORK AMR Corp, parent of the largest US carrier American Airlines, exceeded analysts' expectations by reporting on Wednesday a first-quarter profit of US$3B million (Sss3 million), or 48 cents a share, compared with a loss of US$7 million in the corresponding quarter last year.
          NYT  -  73 words
        • Article
          Lock icon Northrop Grumman profit up 4%
          83 22 Bloomberg Business News LOS ANGELES Northrop Grumman Corp said first-quarter earnings increased 4 per cent on a 33 per cent sales gain in its military and commercial aircraft and electronics businesses. Net income rose to US$54 million (5575.4 million), or US$l.lO a share, from US$52
          Bloomberg Business News  -  83 words
        • Article
          Lock icon Compaq per-share results unchanged
          61 22 Bloomberg Business News HOUSTON Compaq Computer Corp's first-quarter net income rose slightly, but per-share results remained unchanged on a shrinking gross margin. It said net income rose to US$2l6 million (Ss3o2 million) from US$2l3 million. Per-share earnings remained unchanged at 80 cents. Sales rose 30 per
          Bloomberg Business News  -  61 words
        • Article
          Lock icon Kodak earnings climb 80%
          79 22 NYT NEW YORK Shares of Eastman Kodak Co jumped on Wednesday after the company reported that its first-quarter earnings shot up more than 80 per cent. The company earned US$262 million (***** million), or 77 cents a share, compared with US$l45 million, or 44 cents a
          NYT  -  79 words
    • FINANCE & COMMODITIES
      • Article
        24 banks signing US$150m loan deal
        193 23 SINGAPORE Ten Singa-pore-based banks and 14 other banks from Asia, Europe and North America will sign a deal here today to extend a US$l5O million (Ss2lo million) revolving loan to Thailand's National Finance and Securities (NFS). The three-year loan deal, to be signed at
        193 words
      • Article
        Lock icon ABN Amro to boost lending business abroad to beat domestic rates
        350 23 Reuter AMSTERDAM ABN Amro said it planned to countcr growing competitive pressure on domestic interest margins by boosting lending business abroad and repeated its aim of building through strategic foreign acquisitions. "Our aim is to provide volume growth abroad
        Reuter  -  350 words
      • SMALL CHANGE
        • Article
          Lock icon Public Bank raises base lending rate
          74 23 Reuter KUALA LUMPUR Public Bank Bhd yesterday raised its base lending rate (BLR) to 6.95 per cent from 6.65 per cent. The bank said that the increase reflected the current overall cost of funds in line with prevailing interest rates in the market. Consequently,
          Reuter  -  74 words
        • Article
          Lock icon 3 Japanese banks to cut prime rates
          71 23 AFP TOKYO Three Japanese commercial banks said yesterday they would cut their short-term prime lending rates by 0.375 percentage points to 2.375 per cent per annum, starting next Tuesday. The three banks Dai-Ichi Kangyo Bank Ltd, Asahi Bank Ltd and Sanwa Bank Ltd
          AFP  -  71 words
        • Article
          Lock icon Peregrine gets nod to set up Viet office
          76 23 AFP HANOI Peregrine Capital Vietnam Ltd, a subsidiary of the Hongkong-based investment bank, has been licensed to establish a full office in Vietnam to move into direct investment and financial consulting, a statement said yesterday. The company, 60 per cent owned by
          AFP  -  76 words
        • Article
          Lock icon BOT happy with lending, deposit rates
          57 23 Reuter BANGKOK Thai commercial banks' deposit and lending rates are satisfactory, said a Bank of Thailand (BOT) official. "The BOT is quite happy with the existing level of deposit and lending rates," he told Reuters. Thai banks have raised lending and deposit rates several
          Reuter  -  57 words
      • Article, Illustration
        Citibank plans to have more retail outlets in Asia
        413 23  -  By Chew Farn Chyi SINGAPORE Citibank plans to increase the number of its retail outlets in Asia from 119 to around 150 in about 30 locations by year 2000. And it will beef up key staff in two areas consumer finance
        413 words
      • Article
        Lock icon Ringgit set to hit new high of 2.42 against US$: dealers
        395 23 AFP KUALA LUMPUR Malaysia's ccntral hank has given subtle indieations it will tolerate the ringgit gradually rising to as high as 2.42 in the medium term from its current eightyear high level, forex dealers said on Wednesday. The ringgit
        AFP  -  395 words
      • Article
        Lock icon BOC: Downgrade by Moody's won't affect global operations
        458 24 AFP, SCMP SHANGHAI The Bank of China (BOC) has responded defiantly to the downgrading of its long-term debt-rating by Moody's Investors Services, saying the move would have no effect on its international financial operations. Moody's announced on Wednesday it had lowered the
        AFP,; SCMP  -  458 words
      • Article, Illustration
        Lock icon Drought-hit harvest
        57 24 AFP MOURA, Portugal Portuguese farmer Manuel Brito showing wheat spikes without any grain at his fields in Sobral in the southern province of Alentejo on Monday. With temperatures rising up to 30 degrees Celsius, southern Portugal and Spain are suffering a lasting drought with grain harvests already lost
        AFP  -  57 words
      • Article
        Lock icon No immunity from Barings-style collapse: Fraser
        305 24 Bloomberg Business News SYDNEY The head of Australia's central bank said the best regulatory system in the world can't guarantee that a Barings-style collapse would not happen in Australia. "We can't guarantee such a situation couldn't develop here," Reserve Bank governor Bernie Fraser told
        Bloomberg Business News  -  305 words
      • Article
        Lock icon Analysts expect markdown for Citic too
        374 24 SCMP HONGKONG China International Trust and Investment Corp (Citic) may not escape a downgrading by ratings company Moody's Investors Service on its A3 long-term debt ratings. say analysts. Citic, a ministry-level company which reports direct to the State Council, is the latest Chinese financial
        SCMP  -  374 words
      • Article
        Futures rise amid pumping problems
        314 24 Btoomberg ENERGY REPORT LONDON Brent crude oil futures were boosted after Shell Exploration and Production was forced to carry out unplanned maintenance on the main pipeline carrying crude from the Cormorant Alpha platform. Pumping problems caused an unspecified reduction in the amount of crude being
        314 words
      • Article
        Lock icon Currency Reports:London
        207 24 Reuter LONDON The dollar s sharp rebound overnight has sparked some glimmers of hope that the ailing US unit may be on the brink of turning the corner against the yen and the mark, but tough obstacles remain on the way. "There is no doubt this is a
        Reuter  -  207 words
      • Article
        Lock icon New York
        94 24 AFP NEW YORK The dollar fell against most major currencies except the yen in early New York trading yesterday in a quiet market. At 1340 GMT. the dollar was trading at 1.3695 marks, down from 1.3715 late Wednesday, but had edged up to 82.70 yen from 81.30. Earlier
        AFP  -  94 words
      • Article, Illustration
        Lock icon Untitled
        1639 24 IiiiJf Keifhuil injf ijh ululnJ dfuinst S 'pure hip 14 trading pai lner\ Base year: 1985 US$/S$ forward rates Noon /Apr 20 s$ Bid Offer 1-month I 3906 I 3921 2-month I 3856 ***** 3-month 1.3815 ***** 6-month 1.3697 1.3717 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on
        Base year: 1985  -  1,639 words
      • Article
        Lock icon A commodity boom? Only when priced in ailing US$
        244 24 Reuter LONDON Headlines about a commodity boom make scant sense in nations like Japan, Germany or Switzerland, where strong currencies render dollar-denominated raw materials cheap. "In yen, marks and Swiss francs, commodities are cheap," said Stefan Judisch, vice-president of commodity risk
        Reuter  -  244 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen futures lower, Eurodollars flat
        1384 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended lower and Eurodollars were little changed yesterday. "We saw some Euroyen retracement because of the recovery of the Nikkei Average, which was helped because the US dollar recovered from its low against the yen," said a dealer.
        Reuter  -  1,384 words
      • Article
        M'sian rubber eases on poor demand
        680 25 COMMODITY REPORTS Rubber KI'ALA LUMPUR: 1 he rubber market eased further at the close as sentiment was affected by a continuing lack of demand and poor lead from Tokyo. Trading was quiet with buyers still awaiting cheaper levels before coming into the market. May
        680 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Coffee roasters forced to raise prices?
          124 25 SAO PAULO Brazilian coffee roasters are becoming seriously concerned about the scarcity of green coffee on the domestic market and fear they will have to break a promise to the government not to raise prices, an industry leader said yesterday. "Coffee has become so
          124 words
        • Article
          India, Oman in aluminium plant talks
          86 25 NEW DELHI India and Oman are holding talks on setting up a joint venture aluminium smelter plant in Oman. Maqbool Ali Sultani, the visiting Omani Commerce and Industry Minister, told reporters. The proposed plant would import frorr India alumina, a chemical compound of alumini
          86 words
        • Article
          Posco plans to cut steel exports
          120 25 SEOUL South Korean's Pohang Iron and Stee Co plans to cut exports by 3.1 per cent this year ir order to meet growing demand at home, Poscc officials confirmed yesterday. Posco typically ex ports between 5.25 and 6.30 million tonnes out of total annual
          120 words
    • Article
      COMMODITY PRICES
      1577 25 SICOM Futures Rubber (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Clou Volume Open Month High Low Sett (tonnes) Intern! May 95 258 50 300 1575 Jun ***** 254.50 253.50 700 3025 Jul 244.50 244.50 244.50 75 1750 Aug 242.50 242.50 242.50 75 1850 Sep 240
      1,577 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1073 26 -14.4 OVERSEAS and domestic investors locked in their profits yesterday and dragged the market to a lower close. Uncertainty about interest rates and a fall in commodity prices on Wednesday eroded the recent bullish enthusiasm shown in the local bourse, traders said. The All Ordinaries Index slid to 2,026.0
        1,073 words
      • Article
        Manila
        571 26 11.94 Share prices rose slightly as selected blue-chip buying buoyed a market on its consolidation phase, analysts said. The PSE Index rose 11.94 points at 2,489.8. Turnover was 3.1 billion shares valued at 857 million pesos. "The market continued its consolidation phase but activity in Philippine Long Distance Telephone
        571 words
      • Article
        Taipei
        603 26 +26.94 Share prices advanced 26.94 points to settle at 6,136.54 in thin trading yesterday. Turnover was 553 million shares worth NT523.54 billion. Rises out- numbered falls 160 to 113 with 148 issues unchanged. The 321-issue bourse opened higher and surged to 6,164.17 points before sliding amid profittaking. Most investors
        603 words
      • Article
        Seoul
        439 26 -1.13 Share prices ended mixed to marginally lower yesterday. The Composite Price Index retreated 1.13 points to close at 908.73 in dull trading. Turnover was 19.32 million shares worth 371.4 billion won. Falls swamped rises 491 to 230, with 128 counters unchanged. In the absence of inspiring news, trading
        439 words
      • Article
        New Zealand
        375 26 10.55 Shares closed higher, but 10 points below its best level, as activity continued to centre around International Paper's (IP) bid for Carter Holt Harvey. The NZSE-40 Capital Index closed 10.55 points higher at 2,123.83. Volume was a moderate NZ$44 million. News came through the close that IP
        375 words
      • Article
        Bombay
        108 26 -33.84 Share prices lost early gains to end lower, continuing the week's downtrend on the last day of the account period. Brokers said the market opened up as speculators bought to cover short positions at the end of the settlement period but fell back as market players refused to
        108 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        745 26 Britannia Funds Mcriim Cash Bid Offer Mitn ap tepoul 38 MOU «H0 Mint Jcncy <»* 0.1(93 0 1992 MinMii Income ****** ****** US$ Cash ItKumc Plus Fund 10 2*00 10 8MO PS S Rnervr Fund ***** 5 46<« Furo Performance 0.4592 ***** Far East Fund *2 7650 *2 97M Man
        745 words
      • Article
        London
        665 26 +4.6 A WAVE of program trades swept through the market, making dealing choppy and boosting otherwise low volume, dealers said. A higher dollar and sterling, plus gains on Wall Street, also helped sentiment. As a result, the FTSE--100 Index ended up 4.6 points at 3,174.7 on volume of 640
        665 words
      • Article
        Paris
        132 26 +7.10 French shares ended higher, buoyed in part by foreign buying of futures contracts on speculation that the franc might weaken further. The bourse also received a lift from a higher opening on Wall Street. The CAC-40 index closed up 7.10 points at 1,882.00. Of the CAC-40 stocks, 24
        132 words
      • Article
        Frankfurt
        229 26 11.45 German stocks rose in late trading as the dollar steadied, easing concern about a tightening squeeze on exporters' income. The DAX Index of 30 leading stocks closed the electronic post-bourse session up 11.45 points at 1,955.33. Twenty three of the index constituents rose, six fell and one was
        229 words
      • Article
        Brussels
        197 26 12.65 Belgium's main stock index closed at a three-month high as a rebound in the dollar buoyed exporters such as steel wire maker Bekaert. The dollar gained against other major currencies, in particular the yen. It was last trading at 28.200 Belgian francs, up from a post-World War II
        197 words
      • Article
        Milan
        140 26 +89 Italian shares closed higher in futures-led trade even if brokers point to no particular factors at work. Much of the 570 billion lire cash volume was arbitrage business with the futures contract. Brokers say the widelywatched BCI index could target 640 soon after closing at 615 yesterday, assuming
        140 words
      • Article
        Amsterdam
        277 26 1.60 Dutch stocks rose for the first time in three days as the dollar recovered from Wednesday's lows and banking group Internationale Nederlanden Groep staged the biggest advance. The EOE Index rose 1.60 points to 405.94. Gains in ING, Royal Dutch Petroleum and Unilever made the biggest contribution to
        277 words
      • Article
        Stockholm
        143 26 +0.02pc After a hesitant opening, Swedish shares firmed, only to see the rise erased by rising bond yields. The OMX Index closed marginally up 0.02 per cent at 1,173,27 in turnover of 2.03 billion crowns. Market sentiments dropped after a government source told Reuters that next week's supplementary budget
        143 words
      • Article
        Zurich
        250 26 +27.4 Swiss shares closed higher with the overall market sentiment supported by a show of firmness from the dollar. But volumes were low with operators generally preferring to remain cautions. Volumes are expected to pick up today as the result of the expiry of Soffex options and futures. The
        250 words
      • Article
        Johannesburg
        391 26 +3.3 The Gold Share Index shed 3.3 per cent by a dull close as interest waned after Wednesday's gold price rally petered out under pressure from the stronger dollar. "There was no real selling pressure it was mainly on bullion and lack of interest," a dealer said. Interest in
        391 words
      • Article
        Toronto
        240 26 -10.37 Stocks fell early as heavily weighted gold shares dragged most sectors into negative territory. The TSE-300 Composite Index eased 10.37 points to 4,272.96 on volume of 14.10 million shares valued at Csl4B million. Declining stocks outpaced advances 196 to 155, with 263 issues unchanged. "Golds are down a
        240 words
      • Article
        New York
        735 26 +2.42 Stocks clung to slight gains early yesterday in active trading, as investors took a strengthening dollar in stride and focused on a mix of corporate earnings news. The Dow Jones Industrial Average, which gained 28.36 points on Wednesday, was ahead 2.42 to 4,209.91. The New York Stock
        735 words
    • Article, Illustration
      Lock icon HONGKONG
      3044 27 Bloomberg Business News HONGKONG Stocks rose for the first time in three days yesterday as a rebound in the US dollar eased concern that interest rates may climb. Banks and conglomerates, whose diversified businesses make them a proxy for the Hongkong market, led the advance after the US currency
      Bloomberg Business News; Source: Bridge Info  -  3,044 words
    • Article, Illustration
      Lock icon CHINA
      605 27 CLSA THE H Index fell 21.56 points to 1.070.79 despite a rally in the Hang Seng Index. Yizheng was the biggest loser, down 6.4 per cent, as its proposal to issue an additional 400 million shares was passed yesterday. Turnover in the Shanghai B market was a modest US$3
      CLSA  -  605 words
    • Article, Illustration
      Lock icon TOKYO
      2548 27 Bloomberg Business News TOKYO Stocks rose a third consecutive day as the dollar recovered against the yen and shares with relatively high dividends attracted investors. "As long as we don't see the dollar fall, it will probably stabilise the market," said Daniel Zbinden, sales manager at Kleinwort Benson Securities.
      Bloomberg Business News; Source: Bridge Info  -  2,548 words
    • Article, Illustration
      Lock icon BANGKOK
      1839 27 Reuter BANGKOK Stocks ended up on last-minute buying in telecommunications and finance counters after spending most of the day in the red. The SET index rose 1.51 points to close at 1,160.29 in moderate trade. Some five million shares worth 3.18 billion baht changed hands. Telecom Asia leapt three
      Reuter; Source: Bridge Info  -  1,839 words
    • Article, Illustration
      Lock icon JAKARTA
      1199 27 Reuter JAKARTA Share prices yesterday ended mixed in thin, directionless trading on lack of foreign participation but some light local buying was noted in blue chip stocks, brokers said. Gainers included Sampoerna. Lippo Land. Astra and Dharmala Intiland. rising by between 25 and 225 rupiah. Among the losers were
      Reuter; Source: Bridge Info  -  1,199 words
    • Article
      CLOB INTERNATIONAL
      2671 28 (>i t.r 1995 1 jisi Vol l*rt QikH* M> IM» VM Net M (ip High 1m Company Salt- (1)00) High law Buyer Srtlct < %f S F/fc Srml MALAYSIAN STOCKS 478 196 m MSB 5tk 374 *2 682 428 370 374 376 3 0 -2* 0 2 3*4
      2,671 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article
        Lock icon Blue chips fall but politically sensitive stocks rise
        262 28 Bloomberg Business News KUALA LUMPUR Stocks were mixed as gains in shares linked to politicians offset falls in blue chips. The Composite Index fell 1.18 points to 962.64. The broader Emas Index rose 0.04 to 272.65. Investors bet that politically sensitive stocks
        Bloomberg Business News  -  262 words
      • Article, Illustration
        Lock icon Untitled
        6699 28 Source: Bridge Info NMCES TURNOVER W frpiun hangr K.LSF Composite .962 64 %3 82 -1.18 NST Industrial 5145.21 5159.48 -14 27 NST Finance 8774 *****7 21 -12 80 NST Properties 2503.16 2506 00 -2 84 NST Mining 2230.87 2226.19 +4 68 I mom (*000) Total volume 77.155 77.426 -271 Total
        Source: Bridge Info  -  6,699 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        9180 29 MAIN BOARD tir tir M Wi IW Ijim Vol Da> Ijm OiuK Di» D» Md Net <«» A»* High Low Lumpon* Sole (1)00) High I .cm Bu>rr Seller S Of H E Smil Price INDUSTRIAL AND COMMERCIAL 482 388 ml s Vim MX- 414 cd -6 39 420 412 412
        9,180 words
      • Article, Illustration
        Lock icon Firmer US$ props up shares but trading still cautious
        1898 30  -  By R Sivanithy SINGAPORE A slightly firmer US dollar yesterday helped restore some stability to local stock prices, but trading in general was still marked by caution and hesitancy on the part of investors. Sentiment was also probably helped by a
        Charts by Bridge Info; Source: Bloomberg  -  1,898 words
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      282 19 NEWS VALUE Banks unlikely to follow finance firms' rate cuts quickly: analysts (pg 1) Local interest rates likely to remain steady in the short term. Tokyu plans to raise $300 m from sale of one Claymore tower (pg 1) Listed property stocks are beginning to stir again. Bed-linen maker Mayfran
      282 words
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      180 20 INESS--TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I -1 This announcement does not constitute an offer or invitation to any person to subscribe H for or purchase any of the securities described herein, nor is it calculated to invite, nor H does it permit the making of, offers for such securities. This
      180 words
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      184 20 Bring Your Deserving Secretary To Her Favourite Japanese Jsr Luncheon (24-29 April 1995) i I yhis Secretaries Week, make your secretary's day with an I Q=\ exclusive Japanese luncheon at River View Hotel. WV Hi I e=O n J For TEPPANYAKI treats the G,NGA JAPANESE RESTAURANT P "VI s featuring
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      223 words
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      123 words
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      20 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
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      147 27 The Zenith Rainbow Collection rf /'i^El Primero automatic chronograph movement. ggy Non-reflecting sapphire glass. Ik mk Abov« B«yomd P»« Ltd 1 Manhmr Sqiunv W2-101 Expo CJte-wjy Td 272M042 Cortiu Witdi Ctnte Pit LMWIZ'S V>Rj(fit-City Td VTWIHS *)l -32 Lutky Ptau Td 235U1H4 D*liu* taMra W*rfi P»« Ud «>l 1» V
      147 words
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      56 28 f||lSis|l| Whether it s the fea between the lines, our real-time financial information could give you that vital competitive edge in making crucial trading fipl decisions. Call us today. Sjsr-£ MMWW.mbcmw.BWBI PUTS THE WORLD AT YOUR RNGERTPS No 20, Upper Ofoiar Road 102-09, Rivefwak Gaieria, By counoy of Buanos Time*.
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      188 30 &<)).\-__$$\%!}%$*~[)/?*(*|!@:? In The Matter Of The Companies Act, Cap. 50 And In the Matter Of SEATOMA SOFTWARE PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act, Cap. 50 the Final Meeting of Members of the Company will
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      Page 30 Advertisements Column 2
      390 30 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OE LANDSCAPE DEVELOPMENT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING Notice is HEREBY GIVEN pursuant to Section >08 of the Companies Act. Cap. SO. that a Hinal Meeting of the Members of the abovenamed
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      Page 30 Advertisements Column 3
      341 30 NOTICE NOTICE IS HEREBY GIVEN that, I T. ELANGOHVAN of 7 Tronoh Road #03-87, Singapore 1233, have applied for a BEER HOUSE, IST CLASS Licence in respect of premises at M/s THAMBI'S CURRY FISH HEAD at 147 Upper Paya Lebar Road, Singapore 1953, and that this application will be considered
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      140 30 HALE ft LITTLE LABORATORIES PTE LTD (In Vat Liquidation) FINAL MEETING NOTICE IS NEREBY GIVEN pursuant to Section 308 of the Companies Act (Cap. SO) thai the Final General Meeting of the Members of the abovenamed Company vwD bo held at the Office of M/s Wee Seng Tkmg A Co..
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      Page 30 Advertisements Column 5
      357 30 NOTICE NOTICE IS HEREBY GIVEN that, I MDM GOH GIUK IM of 52 Greenleaf Drive, Singapore 1027, have applied for a IST CLASS PUBLIC HOUSE EXTENDED Licence in respect of premises at M/s CLUB BELLE M PTE LTD., at 271, Bukit Timah, Balmoral Plaza #81-03/04/05, Singapore 1025, and that this
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      Page 30 Advertisements Column 6
      349 30 THE COMPANIES ACT, CHAPTER SO SECTION 290(2) (B) MOTTO Of RESOLUTION WHmow ADVIRTtSINQ CORTB LTD (IN MEMBERS' VOLUNTARY UOUIDATION) At an Extraordinary General Meeting of Dimension Advertising Co Pte Ltd held at 6 Battery Road, #32-00, Singapore 0104 on the 17th day of April 1995, the following special resolutions were
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  • Shipping Times
    • Article
      S'pore firm Line Fast plans regular service to Viet ports
      375 31  -  From Alec Almazan in HO CHI MINH CITY SINGAPORE shipping company Line Fast is expanding its operations in Vietnam. The coastal liner is promoting its services to local shippers needing a reliable carrier for their goods. With enough cargo volume
      375 words
    • Article, Illustration
      P&O enhances S'pore service, wins awards
      202 31 SINGAPORE UK-based P&O Containers has added a new ship on its routes through Singapore next month to enhance services for shippers here. The Colombo Bay brings to nine the number of ships providing service on routes to and from Singapore, the carrier said in
      202 words
    • Article
      Lock icon Sluggish trading in tanker market buoyed by isolated interest
      401 31 Knight-Ridder LONDON Trading in the middle of the week was described as "unexciting" with the exception of small pockets of interest in the West Africa and North Sea markets. A broker said on Wednesday the volume of activity could not stay
      Knight-Ridder  -  401 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1034 31 Page Col ABC Containerline 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Line 12 1 •Ahrenkiel Liner 4 1/2 •ANL 3 4/5 Antaco Mgmt 17 3 •APL 18 1/2 •Appenship 4 4/5 Arabian Express 15 4 •ASCL 5 5 Astro
      1,034 words
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      Lock icon Yokohama expects higher cargo volumes
      439 31  -  By Ramesh Divyanathan SINGAPORE The Japanese port of Yokohama expects to handle more cargo this year because of improved facilities and traffic diverted from earthquake-damaged Kobe. Yokohama's newly appointed senior representative in Singapore, Shunichi Yano, said this week new roads and terminals had boosted the
      Photo by Chris Loh  -  439 words
    • Article
      Lock icon VLCC scrapping outstrips newbuildings
      353 31 Knight-Ridder LONDON More very large crude carriers (VLCC) have been sent to the breakers' yard this year than new ships entering the market, Galbraith's said in its weekly sale and purchase report. In the past two weeks over one million deadweight tonnes of VLCC tonnage have
      Knight-Ridder  -  353 words
    • Article
      DAILY FREIGHTS
      2211 32 A HIGHER US Gulf/Japan fixture, strong demand for Capers and fresh orders coming out of the Plate area and Brazil supported a steady improvement in freight rates. The Baltic Freight Index (BEl) rose 15 points on Wednesday to 2,271 as brokers reported a new US Gulf/Japan deal at
      2,211 words
    • Article
      Lock icon Japanese shippers favour conferences
      789 33  -  Shippers in Japan, unlike their counterparts in US and Europe, do not believe that conferences should be legislated out of existence. But, they would like to see the conference system more tightly controlled, reports Elizabeth Canna Elizabeth Canna American Shipper SUPPORT FOR the conference system has
      American Shipper  -  789 words
    • Article
      Excerpts from Japan Shippers' Council letter
      452 33 Consultations "Japanese shippers are still inclined to take a view that consultations with conferences over general rate increases (GRI) or imposition of new surcharges, such as the terminal handling charge, is very important as shippers can get better ideas of the carriers' intentions or
      452 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      12200 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
      12,200 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        529 43 Voy No Berth Vrivtl Departure Vessel Voy No Berth Arrival Departure Jurong Port Hong Huat *****A P04 21 04/0/00 2104/1500 Balam Batiagu 04 03, 95 12/3 alongside 2104 0300 Huai Ingnta 166 P07 21 04/1115 21 04/1900 Batam Indaft N191 112 alongside 2104/2300 lnabuk«a 14/95 P02 2104
        529 words
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        CONTAINER SCHEDULES
        2069 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookin(/Baiance Rstts Ship Voy No Etb/Btr Period From To From to Das. 0648 2? 0200 1A 20/1500 20/1669 20/1900 iilKmni. IB 20/1500 20/1669 20/1900 2* 20/1700 21/0659 21/0900 28 20/1700 21/0669
        2,069 words
    • AIR AND LAND TRANSPORT NEWS
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        Lock icon Iata chief predicts boom in industry over next 10 years
        539 50 Member airlines expected to make USSIb profit in 1994 Reuter GENEVA The International Air Transport Association (lata), celebrating its 50th anniversary, on Wednesday predicted huge growth generating many more jobs in the civil aviation industry over the next decade. lata
        Reuter  -  539 words
      • Article, Illustration
        Lock icon As good as new
        55 50 Reuter AUCKLAND Car restorer Hans Compter (right) guiding a 1911 Fafnir into the freight depot at Auckland Airport on Wednesday enroute to Germany. The car, one of only six known to exist, was restored over three years and was purchased by the car's original manufacturer, Rheinnadel
        Reuter  -  55 words
      • Article
        Lock icon Thailand to hold air talks with Germany, Australia
        155 50 Oana-TNA BANGKOK Germany and Australia will hold talks with Thai authorities on the possibility of airlink expansions, Transport and Communications Minister Vichit Suraphongchai said here on Wednesday. Mr Vichit was to discuss the issue with the visiting envoys from the German and
        Oana-TNA  -  155 words
      • Article
        Lock icon No ruling on Qantas-BA proposal yet
        247 50 Reuter CANBERRA Australia's anti-monopolies body, the Trade Practices Commission (TPC), said it has not made a ruling yet on the proposal by Qantas Airways Ltd and British Airways pic to cooperate on its European and Asian routes. "There was no decision," a TPC spokeswoman
        Reuter  -  247 words
      • Article
        Lock icon FAA endorses improvements to black box
        372 50 Bloomberg Business News WASHINGTON Federal regulators on Wednesday endorsed a sweeping upgrade of "black box" flight data recorders on the Boeing 737 and other jetliners, saying it was ready to work with airlines on a reasonable compliance schedule. The changes endorsed by the Federal
        Bloomberg Business News  -  372 words
      • Article
        Lock icon SIA, Midwest Express rated top airlines
        244 50 Reuter NEW YORK Singapore Airlines retained its title as the world's top-ranked airline on Wednesday in the influential Zagat Survey, while Midwest Express was ranked as the best US regional carrier. Singapore was lauded by flyers for "pristine" cabins, "solicitous" attendants and even a
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      • LOG BOOK
        • Article
          Lock icon Smedwig sells tanker for US$15m
          83 50 Reuter OSLO Smedwig Tankships Limited said on Wednesday it had entered into an agreement to sell the capesize dry bulk carrier I 'enanna for USSIS million (5520.8 million). The 139,609 deadweight tonne tanker, built in 1982. will be delivered in early June, the company said
          Reuter  -  83 words
        • Article
          Lock icon FedEx plane to make Vietnam flight
          78 50 Reuter KANSAS CITY A Federal Express MD-11 freighter is set to touch down in Vietnam on April 23, marking the first time in two decades a major US air carrier has operated a flight to that country said the flight's organiser. The MD-11 will
          Reuter  -  78 words
        • Article
          Lock icon Setback for Thai mass transit project
          111 50 Bloomberg Business News BANGKOK Tanayong pic's mass transit project suffered a setback as a government agency rejected the company's environmental impact report, the Bangkok Post said on Wednesday. Among other points, the report was rejected because it did not compare the potential effects of
          Bloomberg Business News  -  111 words
        • Article
          Lock icon Eurostar passengers exceed 10,000
          94 50 AFP PARIS The number of passengers using the high-speed Channel Tunnel train Eurostar topped 10.000 a day in the first week in April, the French state railway company said on Wednesday. On average. 10,272 people travelled on Eurostar every day between April 3 and 10, the
          AFP  -  94 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1831 50 city no n» no_ ati no n»t rro^ Abu Dhabi GA970 2035 Hiroshima SQ977 1655 SQ978 0130 JUMaMt SQ227 2230 No CM Mlnh City VN741 1310 SQ172 1000 Amsterdam HL837 1450 SQ844 0040 SQ171 1445 VN740 1410 SQ327 1550 GA890 0205 GA839 2120 GA83S 1610 KL838
        1,831 words
      • Article
        Lock icon Toyota venture to make steel parts in China
        184 50 Bemama-Kyodo NAGOYA Toyota Tsusho Corp, the trading arm of the Toyota group of companies, said on Wednesday it has established a joint venture in China's Tianjin to process and fharket steel parts for use in cars and other products. The joint venture,
        Bemama-Kyodo  -  184 words
      • Article
        Lock icon Swissair's purchase of Sabena stake faces obstacle
        189 50 Bloomberg Business News BRUSSELS The European Commission said it will only approve Swissair's plan to buy a 49.5 per cent stake in Belgian national airline Sabena when it receives guarantees the agreement won't distort competition in the European Union. The Swiss airline and
        Bloomberg Business News  -  189 words
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      37 31 i rTJimimfr M\ T ijp WEEKLY LCL TO: Algeciras •Laspalmas I Barcelona Madrid Bilbao Tenerife Ceuta Valencia ul il Japanese shippers favour conferences, Page 3 lata chief predicts boom in industry over next 10 years, Back Page
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      25 31 Lines and services represented by Members of the Registry ol Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089
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      Page 31 Advertisements Column 3
      64 31 The Aft of making money is first having the Craft SHIP FINANCING CALL US AT 2 2 3 0 3 5 5 '^SSlr MIIINI IT WITH TOW O DBS FINANCE I Head Offict 112 Robimon Road, DBS finance Building, Singapore 0106 STRAIGHT TALK You shouldn't have to read between the
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      1859 32 mJUUIHIWMiI— I OTHER DESTINATIONS I I NORTH AMERICA I DIRECT CALL TO WEST COAST fflCXl WIST COAST OF CENTRAL AMERICA (MARQARITA SERVICE) I SINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WIST COABT) ma VOT S PORE LA DA* VCR SEA DAL HOUSTON cue Mt MEXICO vnta lALJO*| VtSSa/WTNO LOSANOELES OAKLANO VAMCOUVBI SEATTLE
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      317 32 CONVENTIONAL INDONESIA SERVICE VESSEL ETA ETD DESTINATION CHAHAYA SEJATI 22/4 23/4 SEMARANG JAKARTA KURNIA SEJATI 26/4 27/4 JAKARTA SURABAYA PAOANG WALIEDUA 28/4 29/4 JAKARTA SANWALIE 30/4 1£ JAKARTA SURABAYA FULL CONTAINER SERVICE-SINGAPORE TO JAKARTA VESSEL VOY STORE LOADING PORT CARAKA JN 319 SJ49 26/4 JAKARTA (berthing at W1) CARAKA JN
      317 words
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      663 33 i tmmM BllW&S "SENCIES MfiA)C-*****)3 111 iiiiiiinn St/VOY BMP I BUM I |VSL/VOY SB CMB JED IN JUBAYRCII3W MM ft* 11/5 I BN JUBAYRCII3W 24/4 28/4 13/5 L WAJBA CII4W 1/8 18ft lift AL WAJBA CII4W 1/5 Ift 28/5 W BAJJAH CIISW Ift 23* 2&ft 13* 27* L MIRQAB CIIBW
      663 words
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      Page 33 Advertisements Column 2
      704 33 ANL ANL. IT'S AUSTRALIAN FOR SHIPPING~"^|r TO AUSTRALIA (EAST COAST! FROM AUSTRALIA (EAST COAST! VESSELYOV JKT KQ W IMt STO M€l lUR HO* VEIIEUVOY INf tYD Mil lUR HOI JKI MP WTC A TEMASEK 711 ttlM »/H !U4 11/W IS/W IMS It/05 A TfMASH 71M !t/U 11/ M #4*4 W/M
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      1234 34 USSR VOV SINGAPORE JEPOAH SOUTHAMPTON WMIUOG IQTTHIMM ItMVK HiWWtHi nmss 01/115 21/4 Ul L3ZS !Z5 VI —ug m m m !*i_ hAMWOVEt EIPKtSS ?S/IU 27/4 14/S IVS WS IrtUAi 13/314 71/4 t/S IS/S ?3/S 20/> H/S <V$ ?4/S "WSiTAii Q3/117 4/5 21/S 24/S 27/S ?VS SnCWBS 11/317 t/5 I S/S
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      Page 34 Advertisements Column 2
      557 34 NAND NAKUL SLD IN PT Rdm/Atw/UK/Nantes I BAtABAN 1 26/4 30/4 Rdm/Atw/UK/Nantes I Loads E7W Malaysia. Indonesia M [Loading tar I SAD AN KALKAVAN Dubai/Darmnan/Kuwart I BUFFALO Jeddah/Aqaba/T npoWAJgena I SAMMI FRONTIER I toads Singapore. EVW. Malaysia Indonesia J I Loading for 1 SAMMI FORTUNE Los Angetes/New Orleans/ I I
      557 words
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      Page 34 Advertisements Column 3
      1341 34 I NORASIA 1 VSL/VOY SIN ALG BCL VAL HAM LMA 1 SEA ENOEAVOUR V SISW 22.04 11/05 1305 1405 1495 IVOS IMB 1146 10/06 1705 I NOR FRIOOURG 9610-3 Tfyo4 IMB 1005 1045 1945 20/06 2MB 2145 2146 2246 I NOR HONGKONG 0517-3 0346 22.45 2605 2705 27/96 2MB 2005
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      1358 35 IRfS STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW QUINEA PACIFIC LINE jSvEkf (A SERVICE OF CHINA NAVIGATION CO) CARGO DU€ SAILS STRAITS VENTURE MM IK. Stan. Taw 21 22 Apr 23 Apr 25 Apr C J NIAGAIII-22 V9506E Muara
      1,358 words
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      Page 35 Advertisements Column 2
      2300 35 Singapore Agent: j V m .AflTj)l P&O Containers (Singapore Agencies) Pte Ltd :•1 10 Hoe Chiang Road, #07-01 Keppel Towers, Singapore 0208 J First Class Connections WORLDWIDE ***"P 33 T ft*« S^ M rNocsp m 12ssmnn wit EXPORT IMPORT j vessel voy -pno -pko im sou ant hot ham oot
      2,300 words
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      Page 35 Advertisements Column 3
      509 35 OUTMOUXO PKL PEN JOH SIN H*G_ KAO TAI KHYOKTKYM6KOEOSKMOJBUS SEA RANGER Hldl 15*4 JMM_ jwf 2»iftM 2M4 2704 2114 BMB 6406 IMB 6206 MAN HAI 215 /NTII JM4_ 2M* Ugt ~c*«M 2104 2M4 1106 0206 IMB IM6 1108 JM6_ ALEXANORIAOWI 24 2*04 0206 1101 3104 *06 WAN HAI 212 002/
      509 words
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      429 36 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA HA SPORE PORT KELANG PENANG BLUE JAOE 7/5 Loading foe Male IRUVAi HUOHU 5/5 Loading tor Japanese Ports PIONEER SUPREME 8/5 Loading tor Male UMMEEOH 25/4 Loading tor Male PROGRESS LIBERTY In Port Loadng tor Bangkok PIONEER ELEGANT 205 Loading
      429 words
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      Page 36 Advertisements Column 2
      1256 36 0 HANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FDR VSL SIN LINE HAUL SEA YVR PO* FDR VSL SIN LINE HAUL SAV ILM NYC HANJIN SEATTLE 037E 27/4 DIRECT 18« IVS 20rt IRENES HORIZON 001E 28/4 M EUROPE 019E 1/6 2« u HANJIN
      1,256 words
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      Page 36 Advertisements Column 3
      59 36 SOON KIAT SHIPPING PTE LTD 3 SHMTW WAT «2JHJVO6 SMHTOM HOUSE REGULAR SBWICE TO SARAWAK BRUNB SPORE Sri Puftft 07 "95 Bintvlu.Wirl 02 TO Superior Glory 05/95 Port Kclang 28 W M«|« Yonfl Him 06/95 Smtulu/Miri 24 tM eat* si Pa* P«(af PTM Acc*tmi Fa mi iwtar tmlMmm mt m
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      Page 36 Advertisements Column 4
      1289 36 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSH '.3 ■gpffWM MffPfPW ■Siliuiilß SGP ROM HBG THP ANW LMW LMV ANW THP KBC ROM PU 1 i GARLAND RW 040 26/4 225 11/5 21/5 23/5 24/5 E GIFTED RE-059 27/3 21/3 30/3 1/4 2U 2V4 &4 E GOODS RW 047 02)5 27/5 24/5 26/5 285 E GENIUS REOSS
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      2865 37 NEW SERVICE gk FORTNIGHTLY TO I^BHSjPANAMA, PERU _i«f_ I Sii|ap«n'i Central AfMll- Tel iCeneral): *****00 Sale*. Booking: Agency Or pi mo I />A{TJB CUIODItir arc Irn r (General): *****66 Container: *****41 844 Container Svc— I L *****02 Operation Container: *****15 L LyVOimil onirrinb rlt LIU Telex: ***** COSHIP Conventional: *****50
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      Page 37 Advertisements Column 2
      690 37 I Jt FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT UNE: *****33 (30 LINES) GOTHENBURG/SCAN 24/04 ROTTERDAM 24/04 AARHUS/COPEHHAGEN 24/04 HAMBURG/BREMEN 24/04 MARSEILLE/FRANCE 27/04 FELIXSTOWE/UK 24/04 BARCELONA/SPAIN 28/04 LEHAVRE/FRANCE 24/04 GENOA/ITALY 25/04 ANTWERP/BELGIUM 24/04 LOS ANGELES/WC/IPI 28/04 SYDNEY/MELBOURNE 23/04 NEW YORK/EC 28/04 FREMANTLE/ADELAIDE 23/04 VANCOUVER 25/04 BRISBANE 28/04
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      1030 38 BHATRA BHUM 77S Sat 22/4 Tua 25/4 BUHGA SEROJA 5066 Tua 25/4 Thu 27/4 VESSgL VOY SIN BKK WAWA BHUM 275S Moo 24/4 Thu 27/4 j 1 THANA BHUM il tST~ "m/T" ~V*d~ ~2V4~ NANTABHUM 241N Sat 22/4 Tua 25/4 VIRA BHUM 1308 Thu 27/4 Sun 30/4 I I KOTA
      1,030 words
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      Page 38 Advertisements Column 2
      979 38 79 ANSON ROAD, §21-01, SINGAPORE 0207 TEL: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANQ PEWANG VESSEL VOY SIN PW- VESSEL ypy SIM I PEW SEA LAUREL 378N 13/4 (THU) 14/4 (FRI) MCC CONVEYOR 502? 11/4 (TUE) 14/4 (FRI) EAGLE BREEZE 199 A <3'4 (THU) 15/4 (SAT) XOUR
      979 words
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      844 39 agaafllf pacific international lines (pte) ltd I ggggj 140 Cecil Street, #03-00 PIL Building, Singapore 0106. VUIIL VOV SIN CMB JW HOD JIO AOJ AM RU MSW ASA KOTA BIRKAT BKT23P SB/4 3/B B/B 3/6 B/B 7/8 14/8 20/8 18/8 KOTA WIRAWAN WHMBBB 88/4 2/8 B/B 11/8 14/6 16/8 14/8
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      Page 39 Advertisements Column 2
      769 39 VESSELS VQY SIN LE HAVRE HAMBURG THAMES ROTTERDAM ANTWERP VILLE D* HYDRA HOBW 25/04 16/06 18/06 20/06 21/06 22/06 VILLE 06 LYRA YOBW 01/06 23/06 2S/06 27/06 Mf 29«06 VtLLE D€ VELA VO6W 09/06 30/05 01/06 03/06 04/06 06/06 BALTIC SKOU TO9W 08/06 10/06 12/06 13/06 14/06 ALSO ACCEPTING CARGO
      769 words
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      Page 39 Advertisements Column 3
      76 39 GATEWEST SHIPPING PTE LTD M AUSTRALIAN SERVICE VESSEL P. KLAMG SIN KKIMU BRIS SYD ME LB TB* 3M 2*4 2/5 15/5 1«/5 22/5 BOOKINO AOS NTS:SPORE BOWLINE NAVIGATION PTE LTD TEL *****31. FAX: *****16 PORT K£LANG OASWAM SON BMO. TU 03 *****55 *****90 *****20 FAX *****6662 SABAH STANDARD MARINE AGENCIES
      76 words
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      Page 39 Advertisements Column 4
      705 39 BSA a Ml MYANMA FIVE STAR LINE: (Myanmar National Line) Loading for Yangon (Rangoon) S pore PKIfl PEN P Gdg MYOMAYWA VISSW SAILED PAGAN V2I9W IN PT MALAYSIA AGENTS BOUSTEAO SHIPPING AGENCIES KUL TEL 02-03-*****00 PKL: TEL 02-03 *****01 PEN: TEL 02-64-*****02 PGO TEL 02-07-*****21/4 NIGERIAN NATIONAL SHIPPING LINE SPORE
      705 words
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      535 42 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 LINES) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO: **********0E m\ ETHIOPIAN SHIPPING LINES (National Lines of EtHopb) ACCEPTING FCL AND CONVENTIONAL Vmml Voy ETA Loading for Spore Abtoay Wonz 44W8 27/06 A^^MaSawlf 1 Andin* 40WB 20/07 H
      535 words
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      Page 42 Advertisements Column 2
      580 42 AFGHANISTAN M&M Afghanistan Ltd., ■kJH BkJH Hairatan, Torghundi, Islamqala (Doqharun) uWm€ScmWm c.i.s./russia: Alma Ata. Ashkhabad. Baku. Dushanbe, J a. u..»_k Irkutsk, Khabarovsk. Krasnoyarsk. Korsakov, Moscow, Mllltzer ot MUnCn Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH
      580 words
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      Page 42 Advertisements Column 3
      581 42 ■IAAMN CONTAINER LINES, INC *IX"rt*: MAC-NELS SPORE: *****22 (24 LINES) —J L_J \y VZ_J CMMO; **********0 C BIBU (064) *****9 KUCHING (062) *****3 5* PENANG: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P KELANG: (03) *****77 JAKARTA (21)*****07 SURABAYA: (31) *****0,,,,, I ASIA HKG/TWN/BKK GENOA/EUROPE I PEN PKL SIN
      581 words
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      427 43 :*mm m I SINO EXPRESS SHIPPING (PTE) LTD. MM I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE 0104. TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI its S SPOKE HKQ SHAI 1 ?55 —VESSEL 11 VOY ETA I ETD ETA ETP ETA I ETD
      427 words
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      Page 43 Advertisements Column 2
      1149 43 xm s?ss_ _rjam. _a a** SOU LB! m rn BSL_ m _j«« WW hhm mn woo bmbbu m momibuu nu im mm 15m* dm vb nr 10 b 11 m iih ho euhopmms 21 m bn km 17 m MS HAAS 1155 MM MM* I«M* MM lIM 14 M (711
      1,149 words
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      Page 44 Advertisements Column 1
      1647 44 pomi U. S. A. /CANADA 3 TIMES A WEEK MAERSK YOKOHAMA V.9508 ETA SIN 24TH APRIL 1995 MAREN MAERSK V.9504 ETA SIN 26TH APRIL 1995 LUNA MAERSK V 9504 ETA SIN 26TH APRIL 1995 Vessel Voy ETA I ETD J DESTINATIONS Nent Wee* PANAMA Next Week 6TH STRING MAREN MAERSK
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      Page 44 Advertisements Column 2
      721 44 11 fMfeUoyd J FULL CONTAINER SERVICES! ISOVCM*IOT J WSU 11 M "i 75« 17 M "7" 17 05 DM 14 11 Kl5 K I 0««UU KM< I 4 M IS M II M MM U/K I lU<« 0)) M/M IVH 11. M 2« OS 21/15 UK I OS* Mine Kfvo
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      Page 44 Advertisements Column 3
      834 44 TO E. CANADA US ATLANTIC US GULF LOADING VOY P KELANG HALIFAX N.YORK NORFOLK N ORLEANS SAVANNAH TAMPICO HOQSTON HOCGH CLIPPER 0228 23/24 Apr 25 Apr 30 May 2 Jun 5 Jun 12 Jun 9 Jon 16 Jun 21 in HOEGH DRAKE 0430 8/9 May 2 MayC) 20 Jun 23
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      Page 45 Advertisements Column 1
      1082 45 Ti accept ctr TO/FROM I SOUTH AMERICA v SOUTH AFRICA Container/Ro Ro/Break Bulk Service mmg l wmmmmmiH£LMS£A/ WBBKmSBSBSSBBM 1 mm mmi/a/£s mam mniiHßirriii iim SERVICE: SGP/S.E. ASIA PANAMA/NORTH AMERICA (INCL HOU*) !wi \W' Ipki* Irtr sea LD6 |wg [me fu/u I cm. Fmi* ["sav [~i*i [ntc [ow [msy Imobu Mi
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      Page 45 Advertisements Column 2
      672 45 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE vtssti aw "*MMCH™"* HYOtHABAD 131HW »/04 W/OS ISLAMABAD 134 m 12/05 22/05 SABGOOHA 155-HW 26/05 05/06 BOIAH 150-HW 31/05 10/06 rtl MSO »CCff TMG CMGHS TO KM FAR EAST CONTAINER SERVICE ONLY VtSStl ""vo7* sm HKG BSH OSA NAG ToT" BOIAN
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      Page 45 Advertisements Column 3
      753 45 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL/VOY ETA SIN ETA MAA MV TIGER BAY V 323N W TORT 26-30/04 MV TICER CAPE V 324N 24-25/04 30-03,-05 MV PRAVWNSH V 17 25-26/04 01-02/05 MV TIGER ISLAND V 32SN 27-29/04 03-07/05 MV BUNGA TERATAI V TERO37 29-30/04 05-06/05 MV TIGER BRIDGE
      753 words
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      Page 45 Advertisements Column 4
      311 45 SIN FAR EAST 25/4 KEELUNG/KAOHSIUNG 23/4 BANGKOK 24/4 MANILA/CEBU 23/4 JAKARTA/BELAWAN/SURABAYA 23/4 PORT KELANG/PENANG/E. MALAYSIA 24/4 BUSAN 23/4 TOKYO/YOKO/KOBE/NGO/OSA 24/4 HONG KONG SjN CHINA 24/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 25/4 LDN/FLX/LVP/SOU 25/4 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 25/4 LOS ANGELES/NEW
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      Page 46 Advertisements Column 1
      596 46 STAR SHIPPING AGENCIES (S) PTE LTD AGENTS FOR: ZiM CONTAINER SERVICE tSOID STAR LINE LTD SfTH SHIPPING CORPORATION TELEPHONE: 220-6666 (8 LINES) FAX: *****70 Tit *****12 (MARKETING) (CR NO. 1031Q*****0-Q A AMERICA/CARIBBEAN SERVICES wssu Ivot s« Imamunei I VOT I LGO IST I sav In yc fiS ft«6tt6VA TOT JS7T
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      Page 46 Advertisements Column 2
      321 46 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN I VESSEL VOY [Tin BOM COC SEA GLORY GLRO4I 29AM 07/08 KOTA MLTTIARA MUTO27 07/06 1«A» MANASLU 512 12/06 21/06 HOCHIMINH/HAI PHONG I VESSEL VOY SIN HCM MPM HAU GIANG 02 A 1166 21/04 26/04 VYSOKOGORSK 065V96 2V04 28A)4 01/06
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      Page 46 Advertisements Column 3
      121 46 W Con term 7 CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 24 APRIL (Accepting to all New Zealand ports) PENANG 21 APR JAKARTA 22 APR PORTKLANG 20 APR BANGKOK 23 APR MANILA 23 APR KEELUNG 24 APR MELBOURNE 28 APR SYDNEY 28 APR BRISBANE 28 APR FREMANTLE 4/5 APR ADELAIDE 4/5
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      Page 46 Advertisements Column 4
      531 46 CONSOLIDATION TO LIMASSOL "assr ACCEPTING LCL CARGO AT "'ZFtXZStS ,N i ATTRACTIVE RATES ,so ,v Tntnthipnifnt available to Beirut, Lattakia via Limassol Call Te at DID 277 1064 for bookings NOW!!! I^S^rsril 3fV' INTERNATIONAL SEA FREIGHT Singapore 561 1668 272 9838 FORWARDING m* AND LOGISTICS SERVICES 0* MM Also has
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      Page 47 Advertisements Column 1
      1908 47 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R I y.s.n. uiirM 111"i Ve—el Voy Hong Kong Singapore P. Ketang Penang Oriental Sunrise 1 Sailed Sailed SaHed I" s«a "r'fot 41 Sailed Sailed tn Port
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      Page 47 Advertisements Column 2
      384 47 1 (A WHOLLY-OWNED SUBSIDIARY Of NOL) Official Agent of: 563D1jC126 (SEA AIRFREIGHT) tkak«*O«t O*MH INTERNATIONALE SPEOITK>N MAIN LINE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETA ETA COLOMBO 28/04 01/05 CHITTAGONG 27/04 04/05 CALCUTTA 26/04 04/05 BOMBAY/NEW DELHI 01/05 08/05 KARACHI 01/05 08/05 MADRAS 27/04 01/05 USA/EUROPE ETD ETA USA
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      Page 47 Advertisements Column 3
      740 47 I I NEPTUNE ALEXANDRITEI7W ETA SGP 02/05/98 I AfOfc I ETA RDM 18/05/95. FLX 20/05/95, I I BRE 21/05/95, LEH 23/05/95 I EXPORT SINGAPORE CALIFORNIA EXPRESS (SCX) TOt USWC CANADA T VISSIL SCP LOS OAK VAN SET ATL CCG HOU MPH PLD TOW MOW CALIFORNIA SATURN 73E 26/04 13/QS 15/QS
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      Page 48 Advertisements Column 1
      1542 48 AMERICAN PRESIDENT LINES, LTD. *9 KEPPEL ROAD 002-01 JIT POH BUILDING SJNGAPOfIE 0208 MAIN UN6 226 9966 CUSTOMER SERVICE 225-122S FAX 221-4022 EAGLE VOCE CFS 270i TO NORTH AMERICA CANADA WEEKLY CONTAINERIZED SERVICE fltatLWYMt I I HO. IMB I JKT r5T| I VttgWVOYMf XA g OM Bj CM Mi HOP
      1,542 words
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      Page 48 Advertisements Column 2
      1770 48 K AS AGENTS: "K" LINE (SINGAPORE) PTE LTD ICR NO 1244J*****0M/GST REG NO: IC-*****W-6) TEL: *****77 TELEX KAWAKI R*****5 FAX: *****16/7/8/9 I W IVI MALAYSIA -K" LINE MARITIME (MALAYSIA) SON BHD W*f TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 INDONESIA P.T. SARANA LAUT INTERNUSA. TEL JKT
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      Page 48 Advertisements Column 3
      554 48 ISLAND UNE PTE LTD Subsidiary of Hal Sun Hup Group 200 CANTONMENT ROAD #02-11 SOUTHPCMNT TEL *****57 FAX. 2242*04 TLX: RS ***** RS ***** iQSSSr INTRA-ASIA CONTAINER SERVICE WEEKLY SERVICE TO INDONESIA ITBBBBL I ml 81 I JUT IZ3 VE«»EL I voy I *m mim XQWINft V9SQI7S 22ii 2S/4 OOCL
      554 words
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      Page 49 Advertisements Column 1
      483 49 A HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 m PKE PGP VESSELS VOY SIN RTM ANT LEH HAM BREj FtL "WO4 21/04 22/04 H. CHALLENGER 315W 24/04 12/05 14/05 12/05 14/05 14/05 16/05 26/04 28/04 29/04 H. PIONEER 314*1 01/05 19/05 21/05 19/05 21/05 21/05 23/05 03/05
      483 words
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      Page 49 Advertisements Column 2
      393 49 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LfrT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS EM El* VESSEL _¥OT _SJN PK LOWING fOR ORANGE BRtE/E 232 21/4 BANGKOK 25/4 aiice i nn BAtw an BRIGHT VEGA 146 27/4 21/4 MUARA 2/5 APPIAUSE 21/4 1/5 fORTUNC
      393 words
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      Page 49 Advertisements Column 3
      628 49 JEDD AH/UK/CONTINENT I S PORE KD DAM H BURG BM4 5 TON lEH Abo Acctptai( Carp for NEDILOrO HONSHU 3145 24/4 4/5 19/5 11/5 15/5 14/5 Sou#un»tor :to>l UK Ontrjtior. Bettast ml DuMr MDtlOtD NORMA MX 21/4 14/5 14/5 11/5 20/5 Rotterdwi :to al Antwerp Airattrdam Olio. Hctartu THAMES 3175
      628 words
  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      306 49 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 'It 1.9 2.5 2.9 3.0 2.9 2.4 1.8 1.2 0.8 0.5 0 4 0.4 0.7 1.2 1.7 2.1 2.2 2.2
      306 words
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