The Business Times, 25 April 1995

Microfilm: NL19831
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KSOW ASIA MITA(P) 194/12/94 Tuesday April 25 1995 85 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow down 4 points
      67 1 Reuter NEW YORK Stocks were little changed yesterday as the market paused for breath after two straight days of a recordsetting rally. The Dow Jones Industrial Average was off 4.15 points at 4,265.94 at Ipm EDT. In the broader market, advances led declines by a margin
      Reuter  -  67 words
    • Article
      Lock icon European Commission clears Barings takeover
      37 1 UPI clears Barings takeover BRUSSELS The European Commission docs not object to the takeover of the collapsed UK merchant bank Barings pic by Internationale Ncdcrlanden Grocp NV, the commission said yesterday. UPI
      UPI  -  37 words
  • Article
    MARKET SUMMARY
    169 1 Stock market indices Monday Change STII 2.085.55 +6.05 KLSE Comp 975.05 -2.79 Nikkei 16.804.05 -164.19 Hang Seng 8.625.55 -19.84 SET Index 1.174.55 +1.39 Jakarta Comp 420.19 +0.67 Manila Comp 2.512.63 +10.15 Taipei WPI 5.963.86 -24.07 Seoul Comp 876.89 -14.95 Bombay BSE30 ..3.317.34 -45.45 CLSA China B 772.09 -9.95
    169 words
  • Article
    Today's poll results unlikely to move KL bourse: analysts
    621 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIANS go to the polls today almost certain to give Prime Minister Dr Mahathir Mohamad's ruling government a thumping victory, but analysts say the results are unlikely to lift sentiment on the country's stockmarket. They
    621 words
  • Article, Illustration
    IMF to give top priority to tackling turbulence in financial markets
    443 1  -  From Leon Hadar in WASHINGTON THE International Monetary Fund (IMF) would make it a top priority to establish mechanisms to deal with volatility in global financial markets, managing director Michel Camdessus said yesterday. In particular, the IMF would try
    443 words
  • Article
    Tanglin Club members vote in team opposed to redevelopment
    479 1  -  By Conrad Raj, Claire Leow SINGAPORE More than 600 members of the exclusive Tanglin Club on Stevens Road turned up last night to vote in a new team that opposed the "commercialisation" of the club. The team, headed by new-ly-elected president
    479 words
  • Article, Illustration
    Lock icon Top S-E Asian firms seek US listing: American officials
    373 1 Reuter KUALA LUMPUR lop companies in Malaysia and other South-east Asian countries are seeking a listing on American bourses, senior US capital markets officials said. "A number of companies have confidentially approached the SEC for listing (in the US)." Arthur Levitt,
    Reuter  -  373 words
  • Article
    Lock icon French markets recover from shock of Jospin's round-one win
    412 1 Reuter PARIS French financial markets stabilised yesterday after a knee-jerk slide triggered by Socialist Lionel Jospin's unexpected victory in the first round of presidential elections but investors remained on alert. The result, which confounded opinion polls, disappointed traders who had expected
    Reuter  -  412 words
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      215 words
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      134 1 Property: Pg n Lane Crawford 0, Marco Polo I? Regional stocks mark time SINGAPORE Regional stocks ended mixed in quiet trading yesterday, ahead of today's meeting of G-7 finance ministers to decide on measures to stabilise the US dollar. With investors waiting for the meeting's outcome, the Straits Times Industrials
      134 words
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      Page 1 Advertisements Column 3
      28 1 Hock Lock Siew: pi 'jf IPC needs to woo i meteors Kditorial: A chance G-7 must not waste. Pg 16 G-7 unlikely to reach dollar pact, Pg 10
      28 words
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      Page 1 Advertisements Column 4
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Manufacturing output grows 12.5%
        308 2  -  By Genevieve Cua MANUFACTURING output grew 12.5 per eent in February, partly because of a low base in 1994 when lactones were shut due to the Lunar New Year holiday. The Economic Development Board, which yesterday released the monthly index of industrial production for February, said
        Source: EDB  -  308 words
    • Article
      Corrections & Clarifications
      84 2 Corrections Clarifications IN OUR report yesterday headlined "Travel operators see no surge in visitors from Japan", we said that incentive travellers coming to Singapore through tour operator Japan Travel Bureau fell 20.2 per cent to 2,104 in February. This is incorrect. The figures are for January. The February figures are
      84 words
    • Article
      Exports surge 30% in first quarter
      416 2  -  By Genevieve Cua NON-OIL domestic exports surged 30 per cent in real terms in the first quarter of 1995, shrugging off the usual lull associated with the Lunar New Year holiday. Although the rise was due partly to a relatively low base last year
      416 words
    • Article, Illustration
      Keppel, co-operative to launch Islamic insurance products
      415 2  -  By Soh Tiang Keng ISLAMIC insurance, or iakaful. will debut in Singapore in the next few months. As a prelude to its launch. Keppel Insurance and the Malay Teachers' Multi-Pur-pose Co-operative Society of Singapore yesterday signed a agreement to promote and run Takafut.
      415 words
    • Article
      Base Internet charges on usage, says US expert
      301 2 AN AMERICAN expert has urged Internet operators to implement usage-based charging schemes to make the Net which links more than 30 million computer users worldwide more useful for business and commerce. Howard Salwcn, chairman of US-based networking company Proteon, told a news
      301 words
    • Article, Illustration
      Lock icon Increase in all cost components pushes March CPI up 2.4%
      393 2  -  By Ven Sreenivasan THH Consumer Pricc Index rose 2.4 per cent year-on-year in March as all its cost components recorded rises. But the latest figures from the Department of Statistics reveal that the March CPI was 0.3 per cent below
      Source: Dept of Statistics  -  393 words
    • NEWS ROUNDUP
      • Article
        SM Lee on importance of retraining
        116 2 SENIOR Minister Lee Kuan Yew has said that unions must insist on retraining and upgrading so that workers could keep up with technology changes and work on new machines. In an interview published in the latest NTL'C News, Mr Lee said that he was
        116 words
      • Article, Illustration
        Phase II of Millenia announced
        64 2 PONTIAC Marina yesterday announced that it was proceeding with Phase II of its Millenia Singapore project at Marina Centre. Phase 11, to be named Centennial Tower (far right), will comprise a 34storey class A office tower with a total area of 66,000 sq metres. The
        64 words
      • Article
        FEER allowed to double circulation
        38 2 THE GOVERNMENT announced yesterday that the Hong-kong-based Far Eastern Economic Review magazine has been allowed to increase its circulation from 2,000 to 4,000 copies per issue. The FEER remains a gazetted foreign publication.
        38 words
      • Article
        PM Goh calls for stronger Laos ties
        86 2 PRIME Minister Goh Chok Tong yesterday called for more contacts between Singapore and Laotian ministers, officials and businessmen, to strengthen relations and cooperation between the two countries. Mr Goh was speaking at a dinner last night in honour of Laotian Prime Minister Khamtay
        86 words
      • Article
        TDB leads mission to Indonesia
        75 2 THE Singapore Trade Development Board is leading a business mission to Indonesia explore opportunities for Singapore's hospitality and entertainment services industry. During the five-day trip which began yesterday, the mission will visit Jakarta, Padang and Bukit Tinggi in West Sumatra, and Medan and Prapat in
        75 words
    • Article
      Rapid change in religious allegiance: study
      415 2 THE religious profile of the Singapore population is changing rapidly as conversion becomes an integral part of a zero-sum game being played between religions, according to a survey based on the 1990 Census of Population. A study by National University of Singapore's Prof Eddie
      415 words
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      707 2 SorrcH I f JI The First Canadian Bank BQ Bank of Montreal 129, St James Street, Montreal, Quebec H2Y IL6, Canada Financial Statements for the fiscal year ended October 31,1994. CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME (Canadian in millions) (Canadian Dollars in millions) 1994 1993 1994 1993 Assets Interest,
      707 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Analysts see Bank Negara raising rates soon after polls
      514 3 Reuter KUALA LUMPUR Malaysia's Bank Negara will move to tighten monetary policy and jack up interest rates soon after the country's general election ends today, economists and analysts said. Polling began yesterday and ends today. Prime Minister Mahathir Mohamad's National Front
      Reuter  -  514 words
    • Article
      Lock icon Manila readies financial reforms ahead of IMF visit
      372 3 AFP, Reuter MANILA The Philippines is preparing financial reforms to show a review mission from the International Monetary Fund (IMF), due to arrive next month, that it is adhering to previous commitments, documents obtained here on Monday show. The measures include tax
      AFP,; Reuter  -  372 words
    • Article
      Lock icon Thai premier urges regional cooperation over human resources
      217 3 AP AP BANGKOK Thai Prime Minister Chuan Leekpai opened an Escap conference here yesterday with a call for greater emphasis on the development of human resources for the future. Regional cooperation in human resources development and the social implications of sustainable economic
      AP  -  217 words
    • Article, Illustration
      Lock icon Sleeping with the enemy
      44 3 AFP CU CHI A former Viet Cong guerilla-turned-tour guide showing visitors the Cu Chi tunnels yesterday. I he labyrinthine 200 km network of tunnels dug painstaking!) b> hand lies directly beneath the American 25th Division base in Cu Chi. AFP
      AFP  -  44 words
    • NOTE BOOK
      • Article
        Lock icon Fewer soldiers in parliament?
        89 3 AP JAKARTA lop Indonesian officials yesterday held consultations with House Speaker Wahono on a plan to reduce military representation in the parliament by a fourth, the official Antara news agency said. State Secretary Murdiono, military chief General Fcisal Tanjung and Home Affairs Minister Yogi Suardi Memed
        AP  -  89 words
      • Article
        Lock icon PTT to buy gas from Myanmar
        59 3 Reuter BANGKOK State-owned Petroleum Authority of Thailand (PTT) said yesterday that it plans to buy gas totalling 250 million cubic feet per day from Myanmar beginning in June. The gas is expected to be supplied from the Yetagun field off the coast of Myanmar
        Reuter  -  59 words
      • Article
        Lock icon Vietnam expects record rice harvest
        119 3 AFP HANOI Vietnam is expecting a record harvest for its winter rice crop, giving the government hope that it can rein in food prices that have risen by nearly 50 per cent in some northern provinces, a report said yesterday. A thick layer of soil
        AFP  -  119 words
      • Article
        Lock icon Cambodian trade fair a 'great success'
        129 3 Reuter PHNOM PENH Cambodia's first trade fair was a big success, attracting about 200.000 visitors. Commerce Minister Cham Prasidh said yesterday. He said attendance at Cambodia Trade Fair 95, the first oi its kind in this poor South-east Asian country, had been "double our
        Reuter  -  129 words
    • Article
      Lock icon Tenaga raises tariff by 3.9% to pay new power producers
      152 3 Bloomberg Business News KUALA LUMPUR Tenaga Nasional Bhd. the governmentcontrolled power provider, has increased the average tariff by 3.9 per cent to compensate for higher fuel eosts and mandatory purchases from independent power producers. The April tariff was raised to
      Bloomberg Business News  -  152 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      146 3 %J Cm code Will Male, YW Dreams Come True For Secretaries' Week. v t 7 < 'teg "-?|i April 24 to 28, Melting Pot Qfe Tasty Seafood Buffet! Win A Trip To^Hong Kong! Or For 1 What better reward for a door gifts and there'll be daily draw hard year's
      146 words
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      Page 3 Advertisements Column 2
      224 3 Simply adi for an appointment \md present the art-out coupon to take advantage of the benefits now. ———__i w LPREE One free consultation and Fat Percentage reading FREE! "3-in-1" gift set worth 5570.00 (While Stocks Last) 3. FREE One treatment worth *****.00 JTr 11, THE WEIGHT-LOSS PLAN FOR BUSY EXECUTIVES
      224 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Chinese economy expected to grow 9.5%
        88 4 Reuter HONGKONG China's economy will continue to cool this year with the growth rate staying below 10 per cent, US investment bank J F Morgan forecast yesterday. "It is now realistic to expect the overall economy will grow 9.5 per cent in 1995," the
        Reuter  -  88 words
      • Article, Illustration
        Lock icon HK philanthropist dies
        108 4 Reuter HONGKONG Philanthropist Horace Kadoorie (right), a member of one of the colony's most venerable business dynasties, died on Saturday at the age of 92, a spokeswoman announced yesterday. Sir Horace was the younger son of Sir Elly Kadoorie, who arrived in Hongkong in 1880 to establish
        Reuter  -  108 words
      • Article
        Lock icon Shanghai forex deals total HK$61.4b
        74 4 Bloomberg Business News SHANGHAI The Shanghai-based national foreign exchange trading centre has completed transactions worth HK561.44 billion (Ssll.l billion) since its formation last April, the official Shanghai Securities newspaper reports. US dollar-yuan spot transactions have so far amounted to U5556.7 billion (5579.4 billion) with Hongkong
        Bloomberg Business News  -  74 words
      • Article
        Lock icon China drafting rules on state assets
        84 4 Bloomberg Business News SHANGHAI China's State Administration of State Assets is drafting provisional regulations to prevent mismanagement of overseas state assets, the official Business Times reported yesterday. A pilot programme will be initiated in Hongkong, where many Chinese companies have set up foreign enterprises
        Bloomberg Business News  -  84 words
      • Article
        Lock icon HK consumer price index up 9.5%
        96 4 UPI HONGKONG The colony's consumer price index rose 9.5 per cent in March compared with the same period a year earlier, with the rise linked partly to the recent slide of the US dollar, officials said yesterday. Because the Hongkong dollar is pegged to
        UPI  -  96 words
    • Article
      Lock icon Japanese mission in Taiwan to buy electronic goods
      242 4 AFP TAIPEI A group of leading Japanese electronics and mechanical firms yesterday met 16 semiconductor suppliers in Taiwan for a two-day business meeting here on procurement of low-cost products. The Japanese trade mission grouping 20 firms including Fuji, Hitachi, NEC and Sony
      AFP  -  242 words
    • Article
      Lock icon China launches pilot scheme to close its east-west gap
      349 4 AFP BEIJING China has launched a multi-million dollar programme to reduce the growing gap between the country's developed eastern regions and impoverished inland provinces, a report said yesterday. The Agriculture Ministry has chosen 100 pilot projects to launch the East-West Cooperation
      AFP  -  349 words
    • Article, Illustration
      Lock icon Beijing celebrates 3,040th anniversary
      50 4 AFP BFIJING Chinese soldiers wearing ancient warrior costumes arriving on Sunday at Tiananmen Square in a Red Flag car to take part in the 3,040 th anniversary celebrations of the founding of Beijing. The celebrations included traditional dances, a road race and speeches by officials. AFP
      AFP  -  50 words
    • Article
      Five more companies sign up for space at Wuxi-Singapore park
      259 4  -  By Genevieve Cua THE Wuxi-Singapore Industrial Park yesterday received a bid of confidence from five companies, including two from France, which signed on as tenants. The new tenants from France are Air Lcquide International, which produces industrial gases, and Legris
      259 words
    • Article
      Lock icon 30 partners join HK multimedia venture
      180 4 AFP HONGKONG More than 30 businesses have agreed to furnish services for Hongkong Telecom's pioneering interactive multimedia scheme, the first of its kind in Asia, the utility announced yesterday. The system, undergoing a six-month commercial trial period with video-on-demand, will enable Hongkong Telecom customers
      AFP  -  180 words
    • Article
      Lock icon Speculation on Deng's health mounts as children cancel trips
      349 4 AFP HONGKONG Ailing Chinese paramount leader Deng Xiaoping's children have returned to Beijing and cancelled all trips out of the city for a month, amid growing speculation about Mr Deng's health, a report said here yesterday. Hongkong's Eastern Express daily quoted
      AFP  -  349 words
    • Article
      Lock icon Most farmers can't afford health care in China: report
      196 4 AFP BEIJING The absence of health insurance coverage in rural China has left 90 per cent of the country's 900 million farmers unable to afford medical fees and at the mercy of serious diseases, a report said yesterday. Public Health Minister
      AFP  -  196 words
    • Article
      Lock icon Credit card crimes up sharply in Shanghai, says report
      300 4 AFP SHANGHAI Forged credit card offences are on the rise in Shanghai 48 cases were reported to police in the first two months of the year, compared with 31 cases for the whole of last year, a newspaper reported yesterday. The
      AFP  -  300 words
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      143 4 A SIMPLE GESTURE OF APPRECIATION AND THANKS SECRETARIES WEEK AT ALKAFF MANSION 24 TO 28 APRIL 1995 qo/ mn elegant and stylish lam b treat awaits secretaries during Secretaries Week at the Mansion s Dining Room. Enjoy Indonesian favourites from succulent BBQ prawns for starters to a choice of hearty
      143 words
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      496 5 Instead of stretching the new LS4OO, the engineers the seats. Covered in sumptuous leather, meticulously As lor taste in performance: the 4-litre, 32-valve, at Lexus stretched their ininds. Finding new ways to selected from hundreds oi textured samples, they have a 2(>ohp VS, already hailed as the benchmark of power
      496 words
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  • ASIA
    • Article, Illustration
      Lock icon Canberra sure row with HK won't mar Qantas share float
      397 6 AFP SYDNEY Australia is trying to arrange urgent talks with Hongkong authorities to end a dogfight over air passenger rights, but is eonfident the upeoming sale of its Qantas Airways will eseape the tlak. Canberra hopes to raise about As
      AFP  -  397 words
    • Article, Illustration
      Lock icon Sweet fruit of their labour
      35 6 Reuter BOMBAY Workers sorting mangoes meant for the Culf states yesterday. More than 40,000 dozen are exported to Dubai every da> during the mango season, which lasts till June. Keuter
      Reuter  -  35 words
    • Article
      Lock icon Congress govt faces threat by dissidents
      100 6 AP NKW DELHI Dissidents in the governing Congress Part) hate threatened to propose a no-confidence motion against Prime Minister P V Narasimha Rao during the five-week session of parliament which opened yesterday. The Congress Party rebels do not appear to have enough strength in
      AP  -  100 words
    • Article
      Lock icon Independents gain further ground in Japan elections
      334 6 AFP TOKYO Setbacks suffered by Japan's ruling parties in the second round of local elections reflect growing apathy or even repulsion and apathy towards the current politics, analysts said yesterday. Independent candidates gained further momentum in the mayoral and city assembly polls on
      AFP  -  334 words
    • Article
      NZ police warn against protests at ADB meeting
      409 6  -  From Mike Simms in AUCKLAND NEW Zealand police have begun making personal calls on groups and individuals deemed likely to mount disruptive protests at next months's meeting of the Asian Development Bank in Auckland, as security fears grow. Those visited are being
      409 words
    • ASIA NOTES
      • Article
        Lock icon Japanese team to US for yen talks
        79 6 Bernama-Kyodo TOKYO The three-party ruling coalition plans to send a mission to the United States next Monday to seek US understanding on Japan's latest package of measures to arrest the yen's appreciation, coalition officials said yesterday. They said Yoshiro Mori, secretary-general of the
        Bernama-Kyodo  -  79 words
      • Article
        Lock icon Employment rate stays stagnant
        62 6 AFP TOKYO Japan's employment rate remained stagnant in the fiscal year to March, government statistics showed yesterday, reflecting companies' reluctance to take on more workers and moves to shrink labour forces through early retirement. A labour ministry survey shows its employment index stood at 106.7 for
        AFP  -  62 words
      • Article
        Lock icon Supplementary budget by mid-May
        83 6 Reuter TOKYO The Japanese government will announce its supplementary budget plan for the 1995-96 fiscal year on May 15. after it has been approved at an extraordinary cabinet meeting, a government spokesman said. He said the leaders of the three parties in the ruling coalition met
        Reuter  -  83 words
      • Article
        Lock icon S Korean dumping charges on zinc
        66 6 Reuter SEOUL South Korea's ministry of finance and economy said it would impose preliminary anti-dumping duties on zinc ingot imports from China. Kazakhstan and Uzbekistan from May for four months. The ministry levied the highest rate. 27 per cent, on ingots from Uzbekistan. Preliminary
        Reuter  -  66 words
      • Article
        Lock icon N Korea may resume nuke talks
        67 6 AFP SEOUL North Korea yesterday indicated it was about to reopen talks with the US to rescue a landmark accord to end the nuclear programme. "We attach great importance to dialogue with the United States and can have a talk." a North Korean official
        AFP  -  67 words
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      128 6 Dfn Temperature Sandwiches rm Melted andwiches en-Face dwiches Iwtches "My mood was as black as my double espresso. But then in came that Texas Ranger to The Mezzanine,- a hunk of homebaked beer bread drizzled in Southern-style chilli butter, reclining on a bed of dew-fresh romaine lettuce and sliced kosher
      128 words
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      87 7 TAGHeuer SWISS MADE SINCE 1860 ■k i? -|sHg _M j*s!fc*«fc fc >i :jflH ots 1 »'*^js^s^^«Fig^^WMfc^ Ma **Ktr .^V ,^Wil^^i^^^l^*r-^*ar"'"| ==FHBBHS==aißsgg=iß»3!¥ I ,dy JHMMRHHMr 't =i' V J i If* 4 "ii/ .M e ?.V" J J i^-- r i :£*>•." „c %|P "V--" ~>->: 1- n c.=sr; a v?r-j;
      87 words
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      264 8 Being put on hold for hours is no fun. Is it? Because of inadequate communications infrastructure in many We also offer the flexibility to implement telecommunications of Asia's developing countries, simply getting a dial tone can be systems for voice, fax and data, for both current and future an accomplishment.
      264 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Tough task ahead for Chirac: papers
      601 9 AFP PARIS Gaullist leader Jacques Chirac who came in second in Sunday's first round of the French presidential election remains the likely winner in the run-oIT though he will have a tough job mobilising the divided right wing electorate behind him, the French press
      AFP  -  601 words
    • Article, Illustration
      Lock icon Socialists' upset contender shows he is his own man
      336 9 AP PARIS Professorial and untested in big-time campaigning, Lionel Jospin was not supposed to be the Socialist candidate for president much less the leader going into the twoman runoff. The 57-year-old son of a schoolteacher and a midwife entered the race
      AP  -  336 words
    • Article
      Lock icon Consumer spending slowdown temporary, says Fed governor
      572 9 Bloomberg Business News SAN ANTONIO, Texas A slowdown in consumer spending is just temporary because a growing number of jobs for Americans means they will have more money to spend in the stores. Federal Reserve governor Susan Phillips said on Sunday. "We've certainly
      Bloomberg Business News  -  572 words
    • Article
      Lock icon North Atlantic free trade area could hurt world: Ruggiero
      440 10 FT LONDON Renato Ruggiero, incoming director-general of the World Trade Organisation, has voiced concern that the United States and the European Union could harm the multilateral trade system and slow the advance of global economic integration by seeking to create a
      FT  -  440 words
    • WORLD WATCH
      • Article
        Lock icon Bank of England's new deputy governor
        101 10 Reuter LONDON Howard Davies, whose appointment as Bank of England's (BoE) deputy governor was confirmed yesterday, said his experience of the real economy as director-general of the Confederation of British Industry (CBI) would be useful in his new job. In a statement on his
        Reuter  -  101 words
      • Article
        Lock icon Early returns kill Berlusconi's plan
        76 10 Reuter ROME Silvio Berlusconi's centre-right Freedom Alliance failed yesterday to secure the victory in regional elections that it had sought to precipitate a snap general election, computer projections showed. Based on early returns, they put the Berlusconi camp narrowly ahead with 42.5 per cent of
        Reuter  -  76 words
      • Article
        Lock icon U$1b offer tops bids for SPT Telecom
        66 10 FT LONDON A bid of US$l.O5 billion (551.47 billion) from Ameritech of the US and Deutsche Telekom of Germany has topped the first round of competition for 27 per cent of SPT Telecom, the Czech Republic's telephone operator, according to investment bankers. A
        FT  -  66 words
      • Article
        Lock icon S Africa to maintain ties with Taiwan
        30 10 Reuter JOHANNESBURG South Africa has no intention of cutting diplomatic ties with Taiwan in favour of China, President Nelson Mandela said yesterday. Reuter
        Reuter  -  30 words
    • Article
      Lock icon US to ban dealings in Iran oil
      168 10 AFP NICOSIA The Clinton administration is close to drawing up a draft executive order banning US firms from buying, refining or trading any Iranian oil anywhere in the world, the Middle East Economic Survey (MEES) said yesterday. The draft order, "which would significantly
      AFP  -  168 words
    • Article
      Lock icon G-7 unlikely to reach pact on US$: Bundesbank official
      343 10 Reuter FRANKFURT A senior Bundesbank official said yesterday that the Group of Seven leading industrial nations was unlikely to wring out an accord to support the beleaguered dollar at a meeting this week in Washington. "The idea that the seven meet
      Reuter  -  343 words
    • Article, Illustration
      Lock icon A tiresome sight
      44 10 Reuter CHARLOTrE, New York An aerial view of tyres burning at the Hornburg tyre dump here on Sunday. The dump, closed since 1986, is believed to hold more than four million tyres. The cause of the fire is not known. Reuter
      Reuter  -  44 words
    • Article
      Lock icon Fortune 500 list will now include industrial, service firms
      298 10 NYT NEW YORK After 40 years of publishing its benchmark Fortune 500 list an annual compilation of the 500 largest industrial corporations in America Fortune magazine is making a dramatic change. Having decided that its list no longer reflects the top
      NYT  -  298 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      64 9 If you want to air freight goods up to 25kg door-to-door anywhere in Asia for $145, North America/Europe for $195 or anywhere else for $245, all you have to do is put them in a DHL Jumbo Box and phone DHL on 1800 285 8888. We'll pick it up, organise
      64 words
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      Page 10 Advertisements Column 1
      763 10 X Organised jointly by: No-obligation I ETffIMR/ Registration form j HI I lli■ M 'Rf Capital Research Services J I |J m.m l!l> U Main Conference registration only Futures J Please register me for the main conference only, Friday evening I .«30 June, through Sunday, 2 July. Fee: RM2200 or
      763 words
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  • PROPERTY & CONSTRUCTION
    • Article
      PROPERTY WATCH
      363 11 Selected transactions in the past week Date of I I I Built in area I 1 Sale price transition Dl8trlct ?T0^C[ Type land area (»q ft) Tenure (S$) S$ps< PRIVATE Apr 17 1027 Beaverton Court Condo 2056 FH 1,350,000 657 Apr 17 i 0512 Pasir Panjang Rd Walk-up
      363 words
    • Article
      Lock icon HK mortgage loans surged 34.7% in March
      362 11 South China Morning Post Residential mortgage lending in Hongkong rebounded 34.7 per cent in March from a two-year low as the home sales market came back to life after the Lunar New Year. The gross volume of loans made by the territory's 33
      South China Morning Post  -  362 words
    • Article
      Duta Pertiwi rises above downturn
      1035 11  -  Property group bucks trend of flagging sales with superblock strategy, V\ illiam Chia reports William Chia AT A TIME when most Indonesian property developers are wringing their hands in despair over a slowdown in the property seetor. PT Duta Pertiwi has managed to chalk up
      1,035 words
    • Article, Illustration
      Lane Crawford 0, Marco Polo 1 ?
      743 12  - Lane Crawford 0, Marco Polo 1 flflpßOreßTY COLUMN By Lee Han Shih THOSE looking for proof that the retail industry is doing badly need look no further than the swanky Lane Crawford Place along Orchard Road, Singapore's prime tourist belt. Last week, listed Marco Polo, the owner, said in its
      743 words
    • Article, Illustration
      Good response to Alliance Prop's condo project in Canberra
      214 12 ALLIANCE Properties, an Australian listed joint venture between Scotts Holdings, Guthrie GTS and Lee Kim Tah, has met good response to its Canberra condominium project. Almost 70 per cent of The Dowling has been sold, according to a Scotts statement released
      214 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      163 11 FOR SALE BY TENDER RESIDENTIAL DEVELOPMENT SITE AT ST FRANCIS ROAD Site area of 17,621 square feet approx. Freehold title Potential for a block of 10-storey apartments at plot ratio of 2.8 gross 10 minutes drive to CBD and Orchard Road Short distance to PIE and CTE Quiet environment Closing
      163 words
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      Page 11 Advertisements Column 2
      137 11 You may have been unable to get your Business Times. Straits Times, Sunday Times, LianHe Zaobao and ott>er daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service. PRIME
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      Page 11 Advertisements Column 3
      122 11 68/69 AMOY STREET A QUALITY NEW BUILDING An exquisite architectural statement befitting the company's image within the i fc&S ——i historical business district. if Top quality building amenities J r 111 Mb Elegant marble lift lobbies J Close to the centre of CBD, I N|j> Y\ ,pi Raffles Place and
      122 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      321 12 PRIME DEVELOPMENT SITE AT HOLLAND RISE/EAST SUSSEX LANE \vl L f(\ %f Site area: 4,922.4 sq m (52,984 sq ft) approx. FREEHOLD. Lot 1951 MK4 Good-class bungalows location Potential development for 3 detached bungalows > Close proximity to Cold Storage Jelita and Holland Village «•> _________——i H Closing Date: 3rd
      321 words
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  • SPORTS
    • Article, Illustration
      Lock icon Sampras begins quest for French win
      882 13 AFP MONACO Pete Sampras begins his quest for the one major title which has always eluded him a month early here this week when he opens his campaign at the USSI.79 million (552.5 million) Monte Carlo Open. The 23-year-old American, who is top-seed for
      AFP  -  882 words
    • Article
      Lock icon West Indies bowlers lift game to level series
      301 13 AP PORT-OF-SPAIN, Trinidad They were mad. They were angry. And the West Indies took it all out on Australia. West Indies bowlers routed Australia's second innings for 105 and then rolled to a ninewicket victory with more than two days remaining on
      AP  -  301 words
    • SPORT SHORTS
      • Article
        Lock icon NEW YORK
        183 13 AFP NEW YORK Howard Cosdl. the flamboyant US sportscastcr who helped define the age of televised, big-money professional sports, died on Sunday. He was 75. Cosdl. who had cancer surgery in 1991. died in hospital in the early hours of Sunday morning of a heart embolism, his grandson
        AFP  -  183 words
      • Article, Illustration
        Basketball
        101 13 .NEW YORK NBA Sunda\: NY 113 Orlando 99; Washington 106 Philadelphia 90: Milwaukee 104 Chicago 100; Charlotte 97 Cleveland 72: Indiana 103 Atlanta 87; Minnesota 91 San Antonio 97; Phoenix 105 Seattle 100; Houston 97 Utah 103; LA Clippers 124 Dallas 102; Miami 129 Detroit 105; New Jersey 102
        101 words
      • Article, Illustration
        Golf
        75 13 GREENSBORO. North Carolina US$l.5 million Greater Greensboro Open final round Sunday (I S unless noted): 274 Jim Gallagher 69-70-69-66 275 Jeff Sluman 70-65-66-74. Peter Jacobscn 69-65-69-72 276 John Adams 70-66-70-70. CANNES Cannes Open final scores Sunday (cut to 36 holes because of rain; GB/Ire unless staled): 132 Andre Bosscrt
        75 words
      • Article, Illustration
        Rugby
        87 13 SYDNEY Australian selectors \esterday dropped experienced forward Tony Daly for the first Test against Argentina, breaking up the most experienced front row in world rugby. The Wallabies, who will defend their World Cup crown in South Africa next month, also dropped tlanker Willie Ofahcngauc and ccntrc Pat Howard for
        87 words
      • Article, Illustration
        Lock icon Tennis
        348 13 AFP NICE, France Switzerland's Marc Rosset. 18th in the world and seeded fourth here, returned to big-time tennis to sweep away top seed Yevgeny Kafelnikov of Russia on Sunday to take the Nice tournament title 6-4. 6-0. Rosset. back after a nine-week break following an ankle injury, won in
        AFP  -  348 words
      • Article, Illustration
        Lock icon Yachting
        40 13 Reuter SAN DIEGO Stars Stripes was forced to wait another day for a chance to clinch a berth in the America's Cup after the race committee abandoned racing on the defender course on Sunday due to oscillating winds. Keuter
        Reuter  -  40 words
  • Page 13 Advertisements
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      679 13 Vf am "9 WALK WITH YOUR TWO FST AND i Mo age (20yn& (40 yr» A (Noage (20yn& (35yrs& I DRK AWAY WITH fOUR WHEELS I— 7 -1 I Five persons may farm a team and enter the team event without affecting the status in the individual event. I £u£jfl
      679 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      404 14 No. lin the .USA:° WHERE TO WINE, DINE AND ENTERTAIN TH€ MOST fIUTH€NTK ITALIAN PflSTfl PIZZA IN TOUJN CS All Pasta Lovarsi Outlet AU-TIME ITALIAN FAVOURITES... TIhBRIR TO THE EASTi^K PASTA FRESCA DA SALVATORE PTE LTD jflfeC 30 loat Quay S(0104) (OfH 24 HOUB) bfc *****(3 *****10 OwSv tk W3W-02/D3
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      Page 14 Advertisements Column 2
      301 14 Ipoh Hawkers Are At The Boulevard! April 21 May 7 Don't miss these unique hawker favourites. $17.80 (adult) $14.80 (child) (Prico subject id 10% ktvkc charge, 1% oa» 8c 3* IiST J4 torn tmff** iMW BOULEVARD HOTEL SINGAPORE 200 Orchard Boulevard Singapore 1024 Tel: 737 2911 „(XK AND v f\u
      301 words
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      Page 14 Advertisements Column 3
      404 14 Secretaries Week Celebration £01^ Bosses! Show appreciation. Treat your Secretary to Cafe Plaza's Oriental Western Set Lunch at 535 per person J II or Secretaries Set Lunch jHy Menus from $68 SI9B at Seafood Theatre Restaurant. I j •Complimentary miniature l t ß bottles of Cassilia eau de f~ PLAZA
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      Page 14 Advertisements Column 4
      405 14 I This I Secretaries' Week, Ask Your Secretary To Leave. Because you could be giving her a holiday package for 2 to Australia, a cruise to Penang or a weekend stay for 2 with American breakfast at Mandarin Singapore She'll also stand a chance to win lots of other attractive
      405 words
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  • LIFESTYLE
    • Article, Illustration
      Allusions to US pop culture pose difficulty for cast
      639 15  -  Corinne Kerk reviews the National Institute of Education drama department's first professional effort Corinne Kerk FOR ITS first professional stage effort, the National Institute of Education's drama department picked Talking With, an award-winning American play about displaced individuals trying to find
      639 words
    • Article
      Lock icon Naomi Campbell graces Red Square
      279 15 CHATTERBOX AP UPI AP MAKING her first visit to Moscow, supermodel Naomi Campbell did what any tourist would do: she strolled in Red Square, gazed at the wondrous onion domes of St Basil Cathedral and bought some souvenirs. Campbell was in the Russian capital for
      AP; UPI  -  279 words
    • Article
      Lock icon Four Weddings sweeps UK film awards
      101 15 UPI LONDON Local favourite Four It eddings and A Funeral dominated the British Academy of Film and Television Arts awards on Sunday with five top honours, including Best Film. Best Director and Best Actor. The British academy favoured the humorous British love story starring
      UPI  -  101 words
  • Page 15 Advertisements
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      391 15 WHERE TO WINE, DINE AND ENTERTAIN ■aaw E Jiggk it Hi Hl/wMH Olde English Eating House y i 277 Orchard Rd #02-38 Specialists' Centre Singapore (0923) A LUNCH SPECIAL K Mushroom Pie B Sj Valid Mon-Frt except Public Holiday DEVONSHIRE CREAM TEA B (Served from 3pm-6pm) Oven hot scones with
      391 words
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      Page 15 Advertisements Column 2
      40 15 m n I BOOK NOW for the KTV Rooms special promotion (For reservation please call *****36) Wednesday Ladies Nite, Swim wear Fashion Show (Ladies! Free fbw of drink. House pouring brands). 101 Thomson Road #01-01/06 United Singapore 1130 Tel: *****36
      40 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1225 15 L TV RADIO Inura the Dingo, 9pm, Ch 12 In the red desert of Central I N Australia, dingoes carry on J AND PR.OUD very much as they have for KV x —s V thousands of years. Though o I f I I man has not meddled, the V l\A
      1,225 words
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  • Article
    A chance the G-7 must not waste
    479 16 EDITORIAL THE normally staid and low-key spring meetings of the IMFs premier policymaking body, the Interim Committee, which begin today, take on an added urgency this year. With' the world's currency markets in turmoil, the finance ministers and central bank chiefs of the
    479 words
  • WHAT THE OTHERS SAY
    • Article
      Apec is right about rates
      353 16 FINANCE MINISTERS from the Asia-Pacific Economic Cooperation (Apec) forum did the right thing in Bali last weekend when they ruled out any unified and concerted stance on monetary and exchange rate policies. Considering the wounds that fickle capital flows and volatile exchange rate movements have
      353 words
    • Article
      Fighting terrorism
      103 16 OF LATE many Islamic countries are coming together to condemn terrorism. Islam forbids any form of force, what more terrorism, in pursuing the cause of justice. But why do Muslim groups resort to terrorism? There are two main reasons firstly, they are fringe groups who find that their
      103 words
    • Article
      US needs to take firm stand
      137 16 TO eradicate terrorist activities, the government and its people have to pay a price. For the US, the government has to muster political courage in the control of arms possession. The government should not retreat immediately whenever obstacles appear. In addition, the US government
      137 words
    • Article
      Call for transparency
      156 16 STATE MINISTER of National Development Planning Ginandjar Kartasasmita's oration after receiving his honorary' doctoral degree from the Gadjah Mada University in Yogyakarta last Saturday reminded us of the basic requirements for good, effective governance in today's world. He noted that a good, efficient state bureaucracy should develop
      156 words
    • Article
      Loyalty must come first
      174 16 BARISAN NASIONAL's quick and decisive move to axe 41 members from its component parties Umno, Parti Bansa Dayak Sarawak and Sarawak National Party for going against party decisions and for their indiscipline and double standards will act as a lesson and warning to others. The cancer
      174 words
    • Article
      Protecting press freedom
      137 16 THE SAFEGUARDING of a source is fundamental to press freedom. In many countries, journalists have gone to jail rather than breach this cardinal rule of the profession. But now, in Hongkong, someone could be about to go the same way since, in its present state, the privacy
      137 words
  • Article, Illustration
    Tide turns against Tories
    873 16  -  A disenchanted public may well vote Labour at the next election, thanks to a slowing British economy, a weak currency and higher interest rates, reports Neil Behrmann Neil Behrmann The writer is a London-based journalist who contributes to BT BRITISH Prime Minister John Major's cabinet was
    873 words
  • Page 16 Advertisements
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      370 16 BP DON'T Mjss 1 THE IDILDIG W9 a UweeK DAY*Sthat zvill shake ie World of Building Construction. W South East Asia's meeting point for t^ie building, Construction and Hardware Business. IggHKjyjK THE LARGEST AM) LONGEST RUNNING SHOW Em of its kind in the region. earth-shattering As B*^Hp Week unfolds as
      370 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      76 16 wofcoals psße ouT...si&oti UOOKiNG THROUGH THF OV0? OUOCMG IS OUT.TWe STOCKS NWkJScRiPT OF rnvf &OOK 'LiViislG, ™E- VG*£S... W?e. OUT CMASrtiy OCX-TS oewn IN TVfc e>VJV/\MG DePFNR.TMtMT' OUT... I M PTRPrtD IT'S DFNTBD f -a 2 1 T C AISOCXTtO NIWHKW I TO. IWi lltl Q«I DOONESBURY GARRY TRUDEAU \WMFT\
      76 words
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  • ANALYSIS
    • Article, Illustration
      Economic nationalists fight free trade
      1089 17  -  Some political and business bigwigs want the US to end 'mushy' open-market policies and get tough with Japan and the rest of Asia. Leon Hadar reports Leon Hadar The writer is BT's Washington correspondent FOR several months, pundits have been suggesting that Washington had succumbed
      1,089 words
    • Article
      Lock icon Stay-at-home investors driving the yen's rise
      849 17  -  Foreign currency assets of Japan's giant financial institutions have been falling fast. And the trend is unlikely to change soon, writes Gerard Baker Gerard Baker FT SEEKING an explanation for the yen's accelerated rise against the US dollar in recent months, Japanese officials and
      FT  -  849 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      23 17 PORT SHOTS The latest in sea, air and land transportation. Shipping Times Monday to Friday. SINGAPORE f l Business Times WE KNOW ASIA
      23 words
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      Page 17 Advertisements Column 2
      305 17 For more than a century and a half, Patek Philippe has been known as the finest watch in the world. The reason is very simple. It is made differently. It is made using skills and techniques that others have lost or forgotten. It is made with attention to detail very
      305 words
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  • Article
    Lock icon Weak dollar helps US firms beat Wall Street pundits again
    444 18 Reuter NEW YORK American corporations arc once again beating Wall Street earnings forecasts with amazing regularity as they reap the benefits of a weak dollar and cost-cutting. The strong earnings performance is part of a trend which is now in
    Reuter  -  444 words
  • Article
    Lock icon Boutros-Ghali urges NAM to work within UN
    211 18 AFP BANDUNG UN Secretary General Boutros Boutros-Ghali made an impassioned plea yesterday to the Non-Aligned Movement (NAM), meeting here, to work within the world body. "As the world witnesses basic changes in international relations, the NAM faces the challenge of adapting to the
    AFP  -  211 words
  • Article, Illustration
    Lock icon Lloyd's of London admits big losses but denies it's close to collapsing
    363 18 Reuter LONDON The Lloyd's of London insurance market, facing the biggest cash crisis in its 308-year history, admitted yesterday that its losses were huge but denied reports that it was on the brink of collapse. "The apocalysm (sic)
    Reuter  -  363 words
  • Article
    Lock icon Boeing's 1st qtr profit down 38% to US$181m
    176 18 AFP SEATTLE American aviation giant Boeing yesterday announced a 38 per cent drop in first quarter net profit to US$lBl million (*****.5 million) due to a decline in the delivery of civilian aircraft the year before. First quarter net profit last year
    AFP  -  176 words
  • Article
    Lock icon US Congress may force banks to beef up S&L insurance fund
    345 18 Bloomberg Business News WASHINGTON Congress is likely to force commercial banks lo pay billions of dollars to help strengthen the federal fund that insures consumers' deposits in savings and loan institutions, banking lawyers and consultants said yesterday. Solving the
    Bloomberg Business News  -  345 words
  • Article
    Lock icon Orders for US-made machine tools surge 47%
    196 18 AP NEW YORK Orders for US-made machine tools rose 47.3 per cent in March, reflecting industrial America's extended vitality despite signs of a slowdown elsewhere in the economy, a trade group said on Sunday. Last month's orders totalled U*****.9 million (*****.9 million), up
    AP  -  196 words
  • Article, Illustration
    Japan apologists not helping to bring down the yen
    953 18  -  The Bottom Line VIKRAM KHANNA VIKRAM KHANNA The writer is BT's regional economics editor TO VIEW the current strength of the yen as being the result of "Japan-bashing" by a bunch of Machiavellian Americans is misguided. and not very helpful. Yet,
    953 words
  • Article
    Lock icon Clinton slams radio talk shows that advocate violence and hate
    317 18 Reuter. OKLAHOMA CITY As evidence mounts that homegrown extremists were to blame for killing scores of people here. President Bill Clinton is saying the Oklahoma bombing shows that inflammatory rhetoric must not go unchallenged. Americans should call to account "people
    Reuter.  -  317 words
  • Article
    Rothmans surge sparks London insider dealing investigation
    209 18  -  From Neil Behrmann in LONDON THE London Stock Exchange is investigating alleged insider trading ahead of Richemont's announcement last Thursday that it would buy all of Rothmans International's shares. Trading in Rothmans' shares on the London Stock Exchange was heavy early on Thursday
    209 words
  • Page 18 Advertisements
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      221 18 ryrvmmwm Fi^AhbbbbhbT ARTNERSHIP w#C>" FORGED BY UNDERSTANDING EXECOTIVE MBA H ▼aW W *7 IN FINANCE FINANCIAL MANAGEMENT MANCHESTER BUSINESS SCHOOL UNIVERSITY OE WALES, BANGOR JULY 1995 INTAKE uses distance learning to allow you to study part-time with Programme Structure minimum disruption to your career and family life fce 19*800 Fee£7*soo'
      221 words
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      Page 18 Advertisements Column 2
      28 18 Distributor for Nitsuko Keyphone Systems EPABX S/N€fAPORE SINGAPORE COMMUNICATIONS COMEQUIPMENT CO PTE LTD ref 278 TOSS ■Every Call Is a Commitments Consumer spending slowdown temporal"}: Fed, Pg 9
      28 words
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  • COMPANIES & MARKETS
    • Article
      Poor investment performance cuts Times Pub's interim net
      358 19  -  By Quak Hiang Whai SINGAPORE A sharp decrease in net income from its fund managers and also a drop in the market values of its investments dragged the half-time earnings of Times Publishing Ltd down by 78 per cent. Releasing its results
      358 words
    • Article, Illustration
      OCBC property seen earning $65m in FY95
      410 19  -  By Shiv Taneja SINGAPORE The OCBC Group could book in the current year a net profit of up to $65 million half the $130 million net earnings analysts expect it to make from the first two phases of The Countryside residential project. According
      410 words
    • Article
      HSBC team goes for regional equities
      290 19 Charity Investment Race SINGAPORE HSBC Investment Bank Asia Ltd, one of the eight participating financial institutions in the recently concluded Charity Investment Race, said that its strategy was to stay in regional equities Singapore, Malaysia and Hongkong. The charity investment race, which is in
      290 words
    • Article
      IPC needs to map out a sharper, coherent, long-term vision to woo investors
      716 19  -  HOCK LOCK SIEW By Claire Leow SINGAPORE It looks as if IPC just does not have investor appeal. Not even a recent bout of good news has been able to perk it up. Last week, it confirmed
      716 words
    • Article
      Weak US dollar may hurt MISC's earnings: chairman
      522 19  -  From Ruth Wong in KUALA LUMPUR THE weakening US dollar might hurt Malaysian International Shipping Corporation's (MISC) bottom line, chairman Raja Muhammed Alias said yesterday. Mr Alias said that about 80 per cent of MISC's freight earnings was in US dollars. "When
      522 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        50 19 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-bpm yesterday. Overnight events may alter sentiment Brokers polled: Alliance. Barings. Credit Lyonnais Securities. Daiwa. Fraser. GK Goh, Kay Hian. Morgan Grenfell. Ong Co. Nomura. Phillip. Smith New Court. W7 Carr and SG Warburg.
        50 words
      • Article, Illustration
        HOT STOCK
        101 19  -  By Quak Hiang Whai HOTEL PROPERTIES attracted a lot of strong buying in recent days and is becoming toppish. The stock has traded to a resistance line marked by three higher tops. A "gap up" on high volume could push the stock past $2.80. But with its daily
        101 words
    • COMPANIES
      • Article
        Strong car sales fuel 111% growth in Astra's profit
        430 20  -  From Maggie Ford in JAKARTA STRONG car sales powered Indonesia's largest vehicle maker, Astra International, to a 111 per cent increase in net profit in 1994. The company's annual results, published yesterday, show sales rose 51 per cent to 8,885.5 billion
        430 words
      • Article
        Lock icon Analysts trim SPH earnings forecast but remain upbeat
        256 20 Reuter SINGAPORE Singapore Press Holdings Ltd had its earnings forecast trimmed following its half-year result but analysts still value the stock. SPH turned in a net profit of 5i49.34 million for the six months to February 1995, or an earnings per share
        Reuter  -  256 words
      • Article
        Lock icon Indian minister rules out flights by Tata-SIA venture
        116 20 Bernama NEW DELHI The Indian Civil Aviation Minister. Gulam Nabi Azad, has ruled out immediate permission for the Tata-Singapore Airlines joint venture company to operate flights in India. It was not possible to allow the new private airline to operate wide-bodied aircraft
        Bernama  -  116 words
      • Article
        OUB intensifies efforts to expand treasury activities
        372 20  -  By Shiv Taneja SINGAPORE In keeping with its aspiration to become a leading regional bank. Overseas Union Bank intensified its efforts to expand its nondomestic treasury activities last year, group chairman Lien Ying Chow said in the bank's annual statement released yesterday. In
        372 words
      • Article
        Lock icon MHS forecasts M$62m profit after proposals
        261 20 Bernama KUALA LUMPUR Malaysian Helicopter Services Bhd (MHS) has forecast a group pre-tax profit of M 561.8 million (5534.9 million) after its proposals for the year ending Dec 31, 1995. Before the proposals, group pre-tax profit was forecast at MsB.9 million, MHS said in
        Bernama  -  261 words
      • Article
        Lock icon Petron to appeal against decision on 1.29b peso tax assessment
        291 20 Reuter MANILA A court has upheld a demand for millions of dollars in back taxes from Petron Corp, the Philippines' biggest oil refiner, according to documents released by the Securities and Exchange Commission yesterday. Petron corporate secretary Liberador Villegas told
        Reuter  -  291 words
      • COMPANY BRIEFS
        • Article
          DBS Land unit invests in two firms
          64 20 SINGAPORE Prime Equities Pte Ltd. a wholly-owned subsidiary of DBS Land, has taken 50 per cent stakes in two local companies. Austvale Holdings Ltd and Aust Holdings Ltd. Austvale and Aust hold 50 per cent of each other's shares, and have a paid-up
          64 words
        • Article
          Hotel Prop associate buys firm
          64 20 SINGAPORE Hotel Properties Ltd said yesterday that its 50 per cent-owned associate company. HRC Holdings Pte Ltd. has acquired 100 per cent equity, comprising two shares of Si par value, in the capital of Newland Investments Pte Ltd. Newland. a newly-incorporated investment holding company in
          64 words
        • Article
          J Ballas appoints director
          43 20 SINGAPORE Vickers Ballas Holdings Ltd said yesterday that its financial controller, Ong Siew Heong. has been appointed non-executive director of its wholly-owned subsidiary. J Ballas Trading Pte Ltd. Ms Ong replaced Teo Kim Meng as director of J Ballas
          43 words
        • Article
          Lock icon Jakarta brokers back system delay
          118 20 Reuter JAKARTA Brokers here are supporting a stock exchange decision to further delay from yesterday until May 22 the introduction of an automated trading system for the exchange. The fourth delay since last September followed what auditors Ernst Young said are "crucial factors" to be
          Reuter  -  118 words
        • Article
          Lock icon EON to take up rights in bank
          136 20 Reuter KUALA LUMPUR Car distributor Edaran Otomobil Nasional Bhd (EON) yesterday said it will subscribe for its portion of a one-for-one rights issue by its subsidiary 1 EON Bank Bhd. Its rights entitlement works out to 122.6 million new shares in EON Bank
          Reuter  -  136 words
        • Article
          Lock icon KL computerised balloting to debut
          62 20 Bernama KUALA LUMPUR MIDF Consultancy and Corporate Services Sdn Bhd (MIDFCCS) will be the country's first issuing house to use the computerised balloting system with the balloting of Systematic Education Group Bhd shares tomorrow. Computerised balloting is quicker, more efficient and more convenient than the
          Bernama  -  62 words
      • Article
        UNIT TRUSTS & FUNDS
        575 20 UNIT TRUSTS FUNDS Manager! pnc« \pr J5 Mcndaki Gr Fund 097 I UU(a Singapore Unit Trust Uet nZT The Commerce 1.59 I bit UOB ASSCt mgt Ltfl The Savings Kund 1.43 I.SI Unifund 1.35 1.41 S'pore Prog Fund 0.58 0.62 Unibond 1.03 106 S'pore Sec Fund 0.94 100 United Gr
        575 words
      • Article
        Lock icon Japanese investors cut US weightings as $ falls: survey
        562 22 Japanese investors cut US weightings as falls: survey Reuter TOKYO Japanese investors have eut their weightings in US stocks and bonds because of the dollar's recent plunge to post-World War II lows against the yen, the latest survey of Japanese institutions found. "Pressure for the dollar to fall is likely
        Reuter  -  562 words
      • Article
        Lock icon Maanshan's net profit plunges 44% on lower steel prices
        365 22 Bloomberg Business News HONGKONG One of China's leading steel companies, Maanshan Iron Steel, announced a 44.3 per cent plunge in net profit for the year ended Dec 31, 1994. The state-controlled company said its net profit fell to 749.4 million yuan
        Bloomberg Business News  -  365 words
      • Article
        Lock icon IP's Carter Holt bid gives fillip to NZ share market
        417 22 Reuter WELLINGTON International Paper's NZSI.7 billion (SSI.6 billion) buying spree in New Zealand's seeond largest company last week has given a glow to an already brightening outlook for the New Zealand share market, brokers said at the weekend. IP spent
        Reuter  -  417 words
      • Article, Illustration
        Lock icon Packer in the clear over media laws
        242 22 Reuter CANBERRA Kerry Packer has not breached Australia's Broadcasting Services Act by taking a 17.17 per cent stake in media group John Fairfax Holdings, the Australian Broadcasting Authority (ABA) said yesterday. The act stipulates that a person must not be in a position
        Reuter  -  242 words
      • Article
        Lock icon China Strategic profit rises 20% to HK$183m
        266 22 Bloomberg Business News HONGKONG Tyre, beer and paper investment company China Strategic Holdings Ltd said its net profit rose 20 per cent, from HK$ 152.74 million (5527.49 million) to HKS 182.57 million in the year ended Dec 31. One of China's largest brewers,
        Bloomberg Business News  -  266 words
      • COMPANY BRIEFS
        • Article
          Lock icon Paul Y-ITC wins HK$467m contract
          85 22 Bloomberg Business News HONGKONG Construction company Paul Y-ITC Construction has won a HK5467.4 million (5584.1 million) contract to build roads and drainage works related to Hongkong's new international airport, the Hongkong Standard Financial Review reported yesterday. The civil engineering company will build a 4.5 km
          Bloomberg Business News  -  85 words
        • Article
          Lock icon Wing On's earnings soar
          99 22 Bloomberg Business News HONGKONG Wing On Co Ltd, an investment company with interests in department stores, insurance and restaurants, said yesterday that its net profit for the year ended Dec 31, 1994 rose 344 per' cent to HKSI.2 billion (SS2I6 million). The rise was mainly attributed
          Bloomberg Business News  -  99 words
        • Article
          Lock icon Bowater to change name to Rexam
          92 22 Bloomberg Business News LONDON Bowater pic, which makes paper and packaging products and buildings supplies, said yesterday it planned to change its name to Rcxam pic in a bid to create a global identity. The companv will take a one-time chargc of £2.5 million
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Pancontinental, Coal Corp tie up
          68 22 Reuter SYDNEY Diversified mining company Pancontinental Mining Ltd is to acquire 60 per cent of a joint venture, which will initially be known as the New Zealand Coal Export Project, with the government-owned Coal Corporation of New Zealand Ltd for NZS4B million (5544.6 million) to
          Reuter  -  68 words
        • Article
          Lock icon Shareholder cuts Tung Fong Hung stake
          97 22 Reuter HONGKONG Shareholder Chan Kwok Hing told the stock exchange yesterday that he had cut his stake in Tung Fong Hung (Holdings) bv 20* million shares, 3.93 per cent of the issued capital. The Chincsc-mcdicinc retailer announced the sale ot 66.37 million new shares,
          Reuter  -  97 words
      • Article
        Lock icon Financing stands in way of Kerkorian's bid for Chrysler
        458 23 Reuter DETROIT As a 10-dav financing window for Kirk Kerkorian's proposed US$22.B billion (Ss32 billion) buyout of Chrysler Corp draws to a close, the carmaker is preparing to respond to the bid from a position of strength, experts say. Chrysler appeared
        Reuter  -  458 words
      • Article
        Lock icon Disney's 2nd-qtr earnings growth to top 24%?
        255 23 Bloomberg Business News BURBANK, California Walt Disney Co, weathering a year of management instability, is poised to announce some of its best second quarter earnings ever. By tomorrow, Disney will announce fiscal second quarter earnings of 56 cents, up more than 24 per
        Bloomberg Business News  -  255 words
    • FINANCE & COMMODITIES
      • Article
        Eight banks raise US$2.5b for Paiton power station
        361 24  -  From Maggie Ford in JAKARTA A CONSORTIUM of eight commercial banks has completed a US$2.5 billion (553.5 billion) fund-raising exercise for the Paiton Energy Company, which will build Indonesia's first privately financed power station, the company announced yesterday. The agreement has been
        361 words
      • Article
        Lock icon Top Salomon Brothers team defects to UBS
        347 24 FT NEW YORK Turmoil continued yesterday at Salomon Brothers, the troubled New York investment bank, as five defectors from its corporate finance department joined the New York office of the Union Bank of Switzerland. The appointments are important for ÜBS' attempts to build
        FT  -  347 words
      • Article, Illustration
        Lock icon Aussie research group warns of overcapacity in nickel output
        271 24 Reuter SYDNEY An Australian mineral research group has warned of an overcapacity in world nickel production in the next two years if the next economic downturn is deep and then again early next decade. AME Mineral Economics said strong demand for
        Reuter  -  271 words
      • Article
        Lock icon Australian review sees commodity prices rising in short term
        323 24 Reuter CANBERRA Tight supplies should drive the short-term prices of many commodities higher although slower growth in the US and parts of Asia will eventually end this upswing, said an Australian commodity price review. The review, published by the National Farmers'
        Reuter  -  323 words
      • Article
        Lock icon Peregrine Capital bidding to underwrite Viet Eurobond issue
        180 24 Bloomberg Business News Ho Chi Minh City Peregrine Capital Vietnam Ltd, part ot" the independent Asian investment hank Peregrine Capital Holdings, is competing to underwrite the country's first international bond issue. "It is true we are bidding to the Ministry of Finance
        Bloomberg Business News  -  180 words
      • Article
        Futures fall as supplies seen as ample
        324 24 Bloomberg ENERGY REPORT LONDON Crude oil futures here and in New York fell, ending a five-day rally, amid perceptions supplies were adequate to meet growing demand. Brent crude was undermined after pumping returned to normal on Sunday on the Brent crude pipeline from
        324 words
      • Article
        Currency Reports: London
        193 24 LONDON The dollar struggled to regain some of its poise in early Europe amid shortcovering by inter-bank dealers and funds after dropping sharply in the wake of a mark buying spree overnight. The dollar was weighed down by mark strength on news French Socialist candidate Lionel Jospin
        193 words
      • SMALL CHANGE
        • Article
          Lock icon Forex savings up 40% in Shanghai
          67 24 Bloomberg Business News SHANGHAI Personal foreign currency savings in Shanghai totalled USS3.O9 billion (554.29 billion) by the end of last year, up 40 per cent over 1993, the official W'cnhui Daily reported. Local branches of the Bank of China, the Bank of Communications and
          Bloomberg Business News  -  67 words
        • Article
          Lock icon Taiwan's reserves in US$ holdings fall
          39 24 Reuter TAIPEI The US dollar holdings of Taiwan's foreign exchange reserves fell to 54 per cent of its total reserves at end-March from 56.73 per cent at end-June 1994. an official said yesterday.
          Reuter  -  39 words
        • Article
          Lock icon Massive response to HK notes issue
          41 24 Bloomberg Business News HONGKONG Investors applied for HKS2.9 billion (***** million) worth of the government's new three-year note issue, nearly six times the HKSSOO million sold. The average price accepted was HKSIOO.I6. Bloomberg Business News
          Bloomberg Business News  -  41 words
      • Article
        Lock icon New York
        81 24 AFP NEW YORK The dollar lost ground against other major currencies except the yen in mid-morning trading yesterday as traders awaited today's meeting of G-7 finance ministers and central bank governors. The dollar was down to 1.3648 mark from Friday's 1.3693 but remained strong against the yen at
        AFP  -  81 words
      • Article, Illustration
        Untitled
        1772 24 iiuU *t i?hii-U tnJt i i ali utuu-d uituin\l S'i»wr'i top 14 iraJint partmry Skv year 19N5 US$/S$ forward rates Noon /Apr 24 s$ Bid Offer 1-month ***** 1 3882 2-month ***** 1.3832 3-month 1 3777 1.3792 6-month I 3654 1.3674 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am
        1,772 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Futures mixed ahead of G-7 meeting
        1343 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and Eurodollar futures were mixed at the close in quiet trade ahead of today's Group of Seven (G-7) finance ministers' meeting and Japan's Golden Week holiday, dealers said. The lead December Euroyen contract settled at 98.48 after moving
        Reuter  -  1,343 words
      • Article
        HK gold firms on short-covering
        681 25 COMMODITY REPORTS Gold HONGKONG: Gold closed at the day's high on local shortcovering. dealers said. Gold bullion ended at U*****.10/60 an ounce, up from New York's U*****.90/ U*****.40 close on Friday and the local opening of U*****.70/391.20. Local gold ended HK.SS higher at 11k.53.603 a
        681 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          EU coal output down 17.3%
          106 25 BRUSSELS The EU's output of coal was down 17.3 per cent in 1994 at 131.2 million tonnes from 158.7 million in 1993. according to provisional data from the EU statistical agency Euroslat yesterday. Output in 1992 totalled 185.0 million tonnes. Output from Germany, the biggest
          106 words
        • Article
          EU ban on hormone-treated beef stays
          133 25 BRUSSELS The European Commission yesterday ruled out any relaxation of a ban on the import of beef treated with growth hormones, an issue that has long been a sore point in trans-Atlantic trade relations. "There is no proposal to ease import restrictions," a Commission
          133 words
        • Article
          Panel to draft US Farm Bill
          107 25 WASHINGTON The House Agriculture Con mittee actually will begin to write the 1995 Fan Bill in mid-Viay. once House Republican leadei have decided how much to cut farm program mi over the next five years, the panel's chairman sai yesterday. Despite the late start
          107 words
    • Article
      COMMODITY PRICES
      1555 25 SICOM Futures Rubber (futures closing as at 5.30pm) RSS 1 Contract (S ccnts/kg) (lose Volume Open Month High Low Sett (tonnes) Interest Mav 95 249 50 500 Jun 244 50 2825 Jul 239.50 235.50 ***** 300 1750 Aug 236.50 235 00 237 00 300 2150 Sep 235 50
      1,555 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1061 26 -1.8 UNCERTAINTY about inflation data due this week dragged share prices fractionally lower yesterday. Dealers said a public holiday today also dampened enthusiasm. The All Ordinaries Index closed 1.8 points down, at 1,999.1. The All Industrials fell 5.8 to 2,958.2 while the All Resources added 1.4 to 1,277.6. Turnover
        1,061 words
      • Article
        Manila
        585 26 10.15 Share prices rose slightly on thin trading on the back ot' selected blue chip buying, mainly San Miguel and Petron Corp. The PSE Index gained 10.15 points to 2,512.63. Turnover was 1.47 billion shares valued at 786.4 million pesos. Traders said the market was spurred by San Miguel's
        585 words
      • Article
        Taipei
        585 26 -24.07 Stocks ended lower in modest trading, dragged down by the market heavyweights of banking and insurance shares. The 321-issue Weighted Price Index dropped 24.07 points to finish at 5,963.86. Turnover was 705 million shares worth NT534.52 billion. Rises outnumbered falls 161 at 155, with 91 issues unchanged. The
        585 words
      • Article
        Seoul
        464 26 -14.95 Share prices hit a year's low. dragged down by renewed worries about tight liquidity. The Composite Price Index recorded a sharp 14.95-point plunge to close at 876.89. I rading volume was very thin with 16.33 million shares worth 320.6 billion won changing hands. Falls swamped rises 578 to
        464 words
      • Article
        New Zealand
        351 26 +4.09 Share prices reversed their early losses to close slightly higher ahead of the Anzac Day public holidav today. Ihe NZSE-40 Capital Index closed 4.09 points higher at 2.120.10, on respectable volume of NZSSO million. Dealers said the market put in a solid performance, especially given that some
        351 words
      • Article
        Bombay
        115 26 -45.45 Sporadic selling pressure by operators and local mutual funds combined with a lack of buying interest on a dull day pulled down share prices. The 30-share BSE Index fell 45.45 points to 3,317.34. The Composite National Index fell 16.09 to 1.615.20. Brokers said the selling pressure was not
        115 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        769 26 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit M.6400 Wtfc500 Mim Jet*» (iill O.IOTJ 0 l<N2 Mim Ma» Income WIOO «0>»500 1 S$ t ash Income Plus Fund IO*2tW 10 7MI0 PS Reserve Fund 5 4500 5 4MJ0 Sterling lvquil) luro Performance 045*2 OWI* Far East Fund '2 '650
        769 words
      • Article
        London
        695 26 +9.4 CURRENCY stability and resilience on Wall Street pushed the FTSE-100 Index back above the 3,200 level in late trading. "Wall Street was expected to be under a lot more strain after the surge on Friday," said one dealer. "When the sell-oIT failed to materialise, any selling pressure here
        695 words
      • Article
        Paris
        178 26 -9.86 French stocks fell as investors weighed the consequences of an unexpected win by socialist candidate Lionel Jospin in Sunday's first round of voting for the French presidency. Paris Mayor Jacques Chirac came second with 20.1 per cent of votes to Jospin's 23.3 per cent. Conservative Prime Minister Edouard
        178 words
      • Article
        Frankfurt
        178 26 -0.43 German shares closed floor trading slightly lower, in thin trading. Dealers said technical factors helped pare earlier gains. They said the market was still worried by the dollar levels, lack of new orders and futures market losses. The DAX Index ended down 0.43 point at 1.976.21. Frankfurt Apr
        178 words
      • Article
        Brussels
        167 26 +0.37 Belgian shares closed fractionally higher in quiet trading after some late basket buying helped the market recover from early weakness, traders said. The Bel-20 index of leading shares closed 0.37 points higher at 1,397.97 after moving in a narrow range between 1.391.91 and 1,400.68. Many investors were sidelined
        167 words
      • Article
        Milan
        161 26 -52 Italian shares drifted low in late trade, weighed down by inflation concerns and with players digesting results of weekend regional elections. Trade also very thin with many players olf ahead of market closure for Liberation Day holiday today. The Mibtel Index closed 52 points lower at 9.875. Early
        161 words
      • Article
        Amsterdam
        288 26 +0.19 Dutch shares closed mixed, rallying from the day's lows as the dollar recovered somewhat against the guilder after an early fall. Dealers said there were signs of residual short-cover-ing left over from Friday's futures and options expiries. "Locals were short and have been trying to cover their positions
        288 words
      • Article
        Stockholm
        146 26 +0.73pc Swedish shares rose despite a weak crown, weak European bourses and a volatile bond market. The OMX-ln-dex firmed 0.73 per cent. It was, however, a twotiered bourse where export shares rose sharply and rate sensitive shares experienced a weak development. SSAB's first quarter report contributed to the interest
        146 words
      • Article
        Zurich
        248 26 -6.0 Swiss stocks closed lower as the strong Swiss franc threatened exporters' earnings and the Swiss Bank Corp traded ex-dividend. The SMI Index of 23 stocks closed down 6.0 points at 2,554.8. Ten stocks closed lower, three were unchanged and 10 were higher. The broad SPI Index fell 2.81
        248 words
      • Article
        Johannesburg
        368 26 +32.4 South African shares ended a quiet day mostly firmer as fundamentals offered support. but interest remained low amid a lack of clear direction. Dealers said selective interest had raised volumes, but gold price uncertainty and a firm rand had capped gains and activity. The Overall Index ended 21.2
        368 words
      • Article
        Toronto
        237 26 -6.22 Stocks opened mixed in a slow market, with dealers forecasting further weakness. "Everybody's looking for a bit of a pull-back and because everyone feels that way, it'll happen anytime," one dealer said. The TSE-300 Index was down 6.22 points at 4,253.98 in volume of 12.83 million shares valued
        237 words
      • Article
        New York
        792 26 -1.73 Stock prices turned narrowly mixed in quiet trading as the market tried to absorb profit taking following Friday's record-setting leap with the help of options-re-lated buy programs. The Dow Jones Industrial Average, which leaped 39.43 points to 4,270.09 on Friday, was off 1.73 to 4.268.36 at llam
        792 words
    • Article, Illustration
      Lock icon HONGKONG
      3063 27 Bloomberg Business News HONGKONG Stocks were mixed as a drop in Henderson Land and other property developers offset a rise in some utility issues. The Hang Seng Index opened higher, buoyed by a rally in US stocks on Friday, only to shed its gains within the first 30 minutes
      Bloomberg Business News; Source: Bridge Info  -  3,063 words
    • Article, Illustration
      Lock icon CHINA
      609 27 CLSA HONGKONG H shares lost 7.78 points to 1,070.88 on turnover of HKSS4 million. Dongfang Electric slipped 1.8 per cent, despite positive results announcements, which were up 198.5 per cent. Shanghai B shares slipped 1.6 per cent on volume of US$2.B million. Property stocks came under heavy selling pressure,
      CLSA  -  609 words
    • Article, Illustration
      Lock icon TOKYO
      2581 27 Bloomberg Business News TOKYO Stocks fell for the first time in four days amid concern that today's meeting of finance and banking chiets from the world's seven leading industrial nations will fail to produce measures to support the dollar. A snag in US-Japan car trade talks, seen as a
      Bloomberg Business News; Source: Bridge Info  -  2,581 words
    • Article, Illustration
      Lock icon BANGKOK
      1846 27 Reuter BANGKOK Stoeks ended firmer in a last-minute buying spree after fluctuating in a narrow range. The SET Index inched up 1.39 points to 1,174.55. Some 47.4 million shares worth 3.32 billion baht were traded. "Investors sold when the index could not breach the 1.180 level," an analyst said.
      Reuter; Source: Bridge Info  -  1,846 words
    • Article, Illustration
      Lock icon JAKARTA
      1187 27 Reuter JAKARTA Share priccs were mixed at the close, with players taking profit, trimming modest morning gains, brokers said. Players were seen taking profit not just in speculative property stocks but also in blue chips like Astra. The stock rose 100 rupiah to 2.400 in early trading, but profit-taking
      Reuter; Source: Bridge Info  -  1,187 words
    • Article
      CLOB INTERNATIONAL
      2552 28 U III .99? 1 JIM Vol lh» IjsIOwk Ut» l)i« N« M I* High Lu» Compan? N»le (WO) lligh law Km it Selk* S <>r S P/fc Smil -MALAYSIAN STOCKS 478 196 m MSB MX 374 -12 188 392 370 372 374 JO -2' 02 184 127 77
      2,552 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article
        Lock icon Shares fall as investors brace for election results
        260 28 Bloomberg Business News KUALA LUMPUR Stocks fell on concern that the ruling Barisan Nasional (BN) political coalition would not win the general election by as wide a margin as some had hoped. The Composite Index fell 2.79 points to 975.05. The Emas
        Bloomberg Business News  -  260 words
      • Article, Illustration
        Lock icon Untitled
        6875 28 Source: Bridge Info fOCCS fc TONOVBR Close Pwicm ('hup KLSE Composite .975.05 977.84 -2.79 NST Industrial ...5174.23 5180 89 -6 66 NST Finance 8907.40 8916.26 -8 86 NST Properties ...2550.27 2578 08 -27 81 NST Mining 2235.55 2249 59 -14 04 I now (*000) Total volume 115.589 154.225 -38.636 Total
        Source: Bridge Info  -  6,875 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        9075 29 I WMWomo Gf Cr M Hi 19*$ Ijim Vol Day Um Quo!* Di« Di» VM N« Cap Avg lligh loo (oaipaat Sale (000) High Lw. Buyer Seller Oi Hf. Sail Price INDUSTRIAL AND COMMERCIAL -I*: 388 mi i Vcma 30c 420 cd -4 26 422 41# 418 420 22 J
        9,075 words
      • Article, Illustration
        Lock icon Friday's rally fizzles as players await G-7 plans for US$
        1903 30  -  By R Sivanithy SINGAPORE The rally in stock prices here that started on Friday proved to be short-lived, as investors shied away from further commitment yesterday ahead of today's meeting of G-7 finance minsters to decide on measures to prop
        Charts by Bridge Info; Source: Bloomberg  -  1,903 words
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      397 19 NEWS VALUE Poll results unlikely to move M'sian bourse, soy analysts (PR J) A broad rally not likely but companies with political connections could still stand out. Singapore exports surged 30% in first quarter (pg 2) Stock market not responsive to trade statistics these days. Poor investment performance cuts rimes
      397 words
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      224 20 m f a SI MAROINfImS? M JHfc SHARE FINANCING W USE OUR RESOURCES TO GENERATE MORE SHARE POWER m x i gk 'J, s PJj^ p '-ft k* H f m! x v IB y k x i fa m -jp lets you purchase stocks shares pss up to 3
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      Page 20 Advertisements Column 2
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      179 words
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      144 21 e MEETING THE WORLD JBr Singapore Technologies It's a name that brings together the many companies which over the years have forged our skills in key business areas. It's a name that reflects our 1 dynamic culture one which focuses our organisation and f energies towards the business of tomorrow.
      144 words
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      409 22 IF Keppel Finance Limited I (Incorporated in the Republic ol Singapore) H NOTICE OF EXTRAORDINARY I GENERAL MEETING I NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Shareholders of the Company will be held at the Board Room of Keppel Finance I Limited at 10 Hoe Chiang
      409 words
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      Page 22 Advertisements Column 2
      352 22 Stay-at-home investors driving the yen's rise, Fg 17 I INFKiliiie I An SPH AudioTex Service ENGLISH NUMBER Children's Funland Top of The world 910 0001 Usborne Book Line Quiz On The Open Ocean 910 0002 Horse Racing Results 911 0001(*) 4D/SWeep/Toto I Toto Dra» No 964 911 0002(*) Tele-GameS I
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      Page 22 Advertisements Column 3
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      209 23 B8P»r .v..;-- T r— v''" Fly smcx)th as silk to Bangkok, 28 times a week. For reservations call I 800 224 9977 Secretaries Week! 24 28 April 1995 Moon Pavilion Chinese Restaurant Secretaries' Week Buffet Luncheon Show your appreciation to your secretary for the hard work she's put in. Treat
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      Page 23 Advertisements Column 2
      411 23 LAGUNA by RENAULT a total new sensation in driving :f -I^l At—.-*- MB fega laßfe^^l^ahrtL.'^.:> I A#r Bl\*V |y 2.0 litre Step into a new Renault Laguna Rear sun-blind 4-speed autobox 60-40 split rear seat with sports mode to ex P er| ence a whole new driving sensation. Centre arm
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      358 words
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      Page 24 Advertisements Column 2
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      49 words
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      181 25 I 2 Courses That WM Make An Impact on Your Business! l*IX9I9Jll&llLtlfc!l 30 May 2 June Omni Marco Polo A 4-day Woricshop moddfcd on the Harvard Negotiation Workshop and developed to meet the needs of local and regional culture differences. The course combines theory and practice with the objective of
      181 words
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      Page 25 Advertisements Column 2
      20 25 As and hen the latest London/ Rotterdam prices are not available, the previous trading day's closing Figures are carried instead.
      20 words
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      111 26 A SUPREME 2000 (Ceiling Unit) CAC 1000 (Ceiling Unit) SGB|H TRION's Electronic Air Cleaners improve Indoor Air Quality by j T-1300 A FMIOOO (Ceiling Unit/ removing up to 95% of invisible dust and pollutants like smoke pollen, j < .'J spores, mites animal dander, etc. The filters do not need
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      Page 27 Advertisements Column 1
      113 27 I 1 Stock Page Classic Service Track the Stock Market Anytime, Anywhere! Because we are linked to the computer systems of ihe Stock Exchange of Singapore you m can track any price movements in your stock shares and make timely decisions anytime, anywhere. The Stock Page Gassic Service provides: Top-1
      113 words
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      Page 28 Advertisements Column 1
      39 28 With over 215 million cords honoured at over 12 million establishments, MasterCard puts the whole world in your hands. And it gives you easy access to cash at 380,000 bank branches and ATMs jdßNflfc 1/ MM i\ m #B—
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      54 29 ■And youll K ive the look you want in a jiffy. I S allows you :/t the look you want. I r **-**X'\ Extra Body during tk< day- ts g* thermostatically controlled Another Irom /4- KENWOOD APPLIANCES SINGAPORE '#>>- 01 Lorang 17 Geytang *06-02 Lam Laong Buiktng Sngapoe 1438 T4:
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      1527 30 BUSINESS TIM LL_S__; TOLL-FREE TEL. No. FAX 741-1298 f THE COMPANES ACT. A CHAPTER SO SECTION 290<2)(B) notice of resolution SKF VEHICLE PARTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At Extraordinary General Meeting of SKF Vehicte Parts Pta Ud held at 153. Gui Circle, Jurong. Singapore 2262 on the 17thdayofApril995.
      1,527 words
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      Page 30 Advertisements Column 2
      373 30 f THE COMPANES ACT. A CHAPTER 50 SECTION 290(2)(B) NOTICE OF RESOLUTION HJ». MEMORY (PTE.) LTD (M MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of H.P. Hendry (Pte.) Ltd held al 153, Gul Circle. Jurong. Singapore 2262 on Ihe 17th day of April 1995. the following special resolutions were
      373 words
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  • Shipping Times
    • Article
      TradeNet to cover transport, warehousing business
      431 31  -  Terminal Operations Conference Reports by Rahita Elias SINGAPORE The Trade Development Board plans to extend its electronic network service Trade Net to the transport and warehousing business. TDB board member Teo Siong Seng said yesterday in his opening address to the Terminal Operations Conference:
      431 words
    • Article
      HK faces tough task of coping with demand
      369 31 SINGAPORE The port of Hongkong would have difficulty coping with the demand for its services in the next few years, Hongkong port development board secretary Tony Clark said at the Terminal Operations Conference yesterday. Hongkong would handle more than 12 million 20-ft
      369 words
    • Article
      Cargo owner wins right to sue for award
      464 31  -  ADMIRALTY CASKBOOK This is a fortnightly column that highlights important shipping court cases By Ramesh Divyanathan SINGAPORE The Admiralty court in London has made a landmark ruling allowing a cargo owner to sue for a salvage award. Traditionally, cargo owners have never
      464 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      616 31 Page Coi Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 •Ahlers Lines 12 1 Ahrenkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line, The 9 5
      616 words
    • Article, Illustration
      Lock icon Protest against Pacific Pintail
      50 31 Reuter ROKKASHO, Japan An anti-nuclear demonstrator climbing over screaming security guards yesterday onto a crane to be used for the arrival of British ship Pacific Pintail and its load of about 14 tonnes of highly radioactive waste today at Mutsu-Ogawara port in Rokkasho, northern Japan. Reuter
      Reuter  -  50 words
    • Article
      Lock icon World merchant fleet hits record high
      268 31 Reuter LONDON The world's merchant fleet expanded to a record number of 80,676 ships in 1994, according to figures from Lloyds Register of Shipping yesterday. The ship classifier said gross tonnage of the fleet was up 18 million at 476 million. They added that
      Reuter  -  268 words
    • Article
      Columbian carrier in slot-chartering deal with Evergreen
      214 31 SINGAPORE Columbian national carrier Flota Mercante Grancolobiana (FMG) has signed a slot-chartering agreement with Taiwanese shipping giant Evergreen Marine Corp. Under the agreement, FMG will use space on vessels that connect with Evergreen's round-the-world service. Evergreen operates a weekly Caribbean service that connects
      214 words
    • Article
      Lock icon China's largest shipyard to be built in Shanghai
      200 31 AFP SHANGHAI A new shipyard with a capacity to build six 150,000 deadweight tonne ships a year will be constructed in Shanghai's Pudong New Area development zone, Xinhua News Agency reported yesterday. The shipyard, which would be China's largest and among the
      AFP  -  200 words
    • Article
      DAILY FREIGHTS
      1453 32 THE Baltic Freight Index for spot dry cargo shipping rates rose to 2,299 on Friday from 2,288 on Apr 20. There has been little change in the freight market on Friday, brokers said. Chartering was said to be "on the slow side this week," with few brokers looking
      1,453 words
    • Article
      TRANSPORT DIARY
      545 32 COURSES Title: Sea Transport Course (SDF 70%) Duration: May 17 Aug 23 Organiser Singapore Freight Forwarders Association Tel: For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: International Freight Forwarding I (SDF 70%) Duration: May 25 Aug 3 Organiser Singapore Freight Forwarders Association Tel: For
      545 words
    • Article, Illustration
      Lock icon Genoa set to dust the cobwebs off its docks
      714 33  -  With business booming, authorities and dockers have linked up to revive the Italian port. Melanie Goodfellow reports Melanie Goodfellow Reuter. IN THE 1980s, dockers blockaded this north-west Italian port for months on end and fought with police in a battle to
      Reuter.  -  714 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      9589 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
      9,589 words
    • Article, Illustration
      Lock icon Airbus dream is no pie in the sky
      777 43  -  The European consortium plans to make its planes cheaper to buy and operate than Boeing's. John Tagliabue reports John Tagliabue NYT BOEING may scoff, but Airbus Industrie is serious: it wants to command half of the world market for large civilian aircraft
      NYT  -  777 words
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      SHIPPING AGENTS
      3268 44 A riBC Containerline NV: Belsin Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkrn Business Corporation Philippine Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albnfra Sea-Air Service: Frata Shpg Pte Ltd
      3,268 words
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      COURIER SERVICES
      278 44 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster link Supplies Services Tel:
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      AIR FORWARDERS
      1530 44 Abe* F a press Freight Td: 542-7171. Fax: *****84. Actinic For»inler Tel: 225-1833. Fa*: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aeroliak Freight International Td: 545-8033. Fax: *****05. Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Td: 542-7666. Fax: *****74,
      1,530 words
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      PORT CONDITIONS
      2743 45 ALBANIA Durres: Seven vessels operating of which 5 discharging (I bagged chicken, 2 bagged cement, 1 bulk coal. I diesel oil), 2 loading (I bulk ferro-chrome. I bulk wine), no vessels waiting in roads. ARGENTINA Santa Fe: No vessels berthed, no vessels in roads, no vessels due. Diamante:
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      CRUISE & FERRY SCHEDULES
      535 45 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Pep Name of Vessel b'l A K I D Forts of Calls Port Agent Telephone No APRIL 24 24 Pear! Port klang Jardinc Shpg Agencies 224-1052 24 24 Renaissance 2 Port Klang Renaissance Cruises 222-3388 24 24 Nautican Jakarta Lines int'l Holdings 276-7175 24
      535 words
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      SHIP SALES & TANKER RATES
      887 45 SHIP SALES TANKER RATES IN THE approach to the Easter holidays we have seen a number of interesting deals reported in both the dry bulk and tanker markets. There has been further activity in the panamax bulker sector with buyers still concentrating mainly on 1980's built tonnage. Two 1983 built
      887 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        688 46 Vessel Voy No Befth Arrival Departure Vessel Voy Wo Berth Arrival Deplore luroflg Port Algoa Bay 001% P01 2504 1700 2/ 04/0/00 Andauos I 18,9 alongsBe 2504,0600 Arhtis Sea MBC01 P04 25 04,1100 2/ 04,0600 Batam Bahagia 04 04 95 11 alongsde 2504/2330 Batam Speed3 *4/95* P01A
        688 words
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        CONTAINER SCHEDULES
        1718 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Am Swan 167A 26,1000 IB 24/1500 24/1659 24/1900 2A 24 1700 25/0659 25/0900 3 25/0700 25/1159 25/1400 4 25/1200 25/1459 25/1700
        1,718 words
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        VERITAS BUNKER QUALITY REPORT
        577 46 Carbon Carbon Apr 20 Demity Water Residue Ash Akairnm Segment Dermty Nate Residue Mi ttennun Sedmen*. 1 M M M M" Exxon Exxon KG/IP3 1V/V M M 1 M M PPM method KG/M*3 V/V M/M 1 M/M PPM method on. n,n. Eastern USA 180 Ave 987
        577 words
      • Article
        COCKETT BUNKER MARKET REPORT
        806 46 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        806 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Russia to launch trainer jet aimed at Asian market
        440 48  -  From John Helmer In MOSCOW THE builders of Russia's Mikoyan (MiG) warplanes have opened a new front in their battle to penetrate traditional western aerospace markets, particularly in Asia and Africa. Alexander Ageev, head of the strategic analysis department of the
        440 words
      • Article, Illustration
        Lock icon Eyeing the car market in China
        49 48 AFP GUANGZHOU Businessmen looking at a car made in China by the French manufacturer Citroen last week during the Chinese Export Commodities Fair. Several foreign car manufacturers, such as Citroen, have opened joint-venture factories to produce for the fast expanding Chinese market. AFP
        AFP  -  49 words
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        Lock icon China forecast to produce 400,000 cars in '95
        264 48 AFP BEIJING China's car production is expected to total some 400,000 units this year, up from the original estimate of 350,000, the overseas edition of the People's Daily said yesterday. The revised estimate, based on actual production since the beginning of 1994,
        AFP  -  264 words
      • Article
        Lock icon Pilots fight over stewardess
        180 48 AFP DHAKA Some 30 airplane passengers aboard a Biman Airlines flight counted their lucky stars when their aircraft made a safe landing after a fist fight broke out between two pilots over a stewardess, a report said yesterday. A fight broke out between the two pilots
        AFP  -  180 words
      • Article
        Lock icon Aussie rail project still lacks funds
        294 48 AP DARWIN, Australia A new push to build the Alice-Springs-to-Darwin railway involving South Korean firm Daewoo Corp still needs substantial federal funds, the Northern Territory treasurer said on Monday. Barry Coulter was speaking after returning from a trip to South Korea where he signed
        AP  -  294 words
      • Article
        Lock icon Chinese airline applies for licence to challenge Cathay Pacific
        376 48 Bloomberg Business News HONGKONG A Chinese state-owned company has applied to the Hongkong government for a commercial airline licence to challenge the colony's flagship Cathay Pacific Airways. "Hongkong is a part of China, so it's only natural China wants to set
        Bloomberg Business News  -  376 words
      • LOG BOOK
        • Article
          Burlington unit in deal with Honeywell
          76 48 SINGAPORE Burlington Air Express has secured a global air freight agreement worth more than US$4 million (555.5 million) with Honeywell. Under the terms of the accord, BAX will be the service provider for all Honeywell's imports into Europe and the preferred service provider for
          76 words
        • Article
          Lock icon Nissan to boost output in Thailand
          95 48 AFP TOKYO Nissan Motor Co said yesterday it plans to boost vehicle production in Thailand by 50 per cent and enter into more joint ventures with local companies with an eye on the expanding South-east Asian market. A company official said the Japanese car
          AFP  -  95 words
        • Article
          Lock icon China Aerospace plans ventures
          74 48 Bloomberg Business News HONGKONG China Aerospace International is negotiating joint venture research development projects in Germany, China and the US, the Eastern Express reported yesterday. The electronic and plastic products manufacturer is transferring its production facilities to Huizhou, Guangdong, from Hongkong over the next five years.
          Bloomberg Business News  -  74 words
        • Article
          Lock icon Rising yen hits Sri Lankan car market
          84 48 Reuter COLOMBO The surging yen has hit sales in Sri Lanka's small car market, dominated by Japanese brands which are facing stiff competition from Korean and European makes, industry officials and analysts said yesterday. "The rising yen could slow down car sales," Nimal
          Reuter  -  84 words
        • Article
          Lock icon Flat Aussie car registrations forecast
          73 48 Reuter SYDNEY Tomorrow's Australian motor vehicle registrations figures are expected to show registrations were essentially flat through March, after a 2.8 per cent fall in February, economists said. Based on a Reuters survey of economists, registrations are expected to have risen 0.4 per cent in
          Reuter  -  73 words
      • Article
        Lock icon China light rail project set to start this year
        253 48 Reuter MELBOURNE Work is expected to start later this year on the As4oo million (Ss4lo million) 60km light railway from Beijing to the Great Wall of China, the project's Australian joint venture partner said yesterday. Dennis Corke, a director of the
        Reuter  -  253 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1765 48 nt nw ET» nw nm m nm n» /Ua PkaM GA882 2310 llfT'r"' QF81 1930 QF82 2055 tlllT 1 I SR187 2225 SQ228 2120 M—I VN741 1310 VN740 1410 Aaistariaai KL831 0925 GA974 0020 Hatyai TG407 2106 TG408 0620 SQ327 1530 KL844 0040 MI895 2300 M1896
        1,765 words
      • Article
        Lock icon Continental Air unveils paperless ticketing
        235 48 Bloomberg Business News HOUSTON Continental Airlines Inc unveiled a new electronic ticketing system that eliminates the need for passengers to check in with airline agents when they arrive at the airport. The system, developed in conjunction with Electronic Data Systems Inc and AT&T Corp's computer
        Bloomberg Business News  -  235 words
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      39 31 LAW PAGE Every Thursday in Business Times Genoa set to dust the cobwebs off its docks, Page 3 Airbus dream is no pie in the sky, Page 13 Russia to launch trainer jet aimed at Asian market, Back Page
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      26 31 Line* and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National vofiKU Shipping Association. for advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
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      Page 31 Advertisements Column 3
      38 31 New Express Service HAMBURG E. EUROPE Effective from April '95 rls see Pn 6 for schedule jp&onesia Economic Business I Review The primary source of information on Indonesia's economic and business affairs. For subscription, please call 1800-749 2577.
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      1392 32 m"" u WWT* Q« wr IBKO Bj ««w> m —re 5Sc *mxv*ir jsst —3?! -5f- -STST- -gr- srr- ttt— =3 auuc I"" P* I* I I* I I™» I «•I I ai I B}l cmaoaai unaa *7iw U l« M M 84 du—iww a mj at at mj a» ai
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      Page 32 Advertisements Column 2
      283 32 CONVENTIONAL INDONESIA SERVICE vosa ETA ETC) DESTNATKM CHAHAYA SEJATI 2W 29)4 SEMARANG JAKARTA SAN WALIE 3<V4 26 JAKARTA. SURABAYA KURMA SEJATI 4/5 V 5 JAKARTA. SURABAYA. PAOAMG WAIIEDUA 36 46 JAKARTA. FULL CONTAINER SERVICE-SINGAPORE TO iAKARTA vessel vor store lqaowg port CARAKAJN3I9 SJ49 2C/4 JAKARTA (btrthng at W1) CARAKA JN3-9
      283 words
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      669 33 WWIGTOfSAG) INGAGENCIES TBwa§^J%&>{Jf** *****0 «w s« ci» 1M 12* M JUMVH CII3W MM H 11* ■MJUMYHCII3W 24/4 2M 1M 17* It® M.WMMCII4W tf Hi W ALWABACII4W 1* M 2M M* 2M MIAJJMCIISW M M !M MIMMHCII9W IS 1M 27* >1* 2* M.NNMCCIIM 1U 1* ALMMMCIIMf 1M 2M M _W__M HUMWCII7W
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      Page 33 Advertisements Column 2
      676 33 ANL. IT'S AUSTRALIAN FOR SHIPPINGTO AUSTRALIA (EAST COAST) FWOW AUSTRALIA {EAST COAST) VCtSfUVOT JET PH MT Ml m KB MM MM KSSfUVOY W 1(1 Ml lUR HOI JIT [771 MM A TtMAKI m tV* t%M Tilt 11/ M MM IUW 1M« MSCOVtNY MT IMS 17/94 a Mitnui.u lit VIH turn
      676 words
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      1253 34 ttSSB WY MM rOMI ANT Utt S7ON PKEUM6 Sl* H«G (AO TTO SHI (OK Ntf piano w7nT ~~W 7/4 4/4 2/4 IS 17s 47s i7T~i7s snmautTßwss w/4u 1/4 */4 v< 12/4 11/4 30/4 i/s 4/s 11/s i/s ys (MtStBMA "W/fIT "uTT" 14/4 iV4 11/4 s/s »/s "ii7T ~~is/T It/S oiasaaress
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      Page 34 Advertisements Column 2
      556 34 1~ BALABANI 2W4 1/5 RdnVAtWUK/Nartw I Lot* E7W Indona— I I Loading for 1 AOEUNA I NAZUK JedcMVPort Sad I SAMMI FRONTIER Dubai/D4vmiarVKuwaft/BahrairVDoha I •Loads Singapore. E7W. Malayna. Indon—ia I I Loading for 1 SAMMI FORTUNE Los Angeiea/New OrtesrW I CftartoafcyVNortofc/Camdan I PAN QUEEN Ln Angetee/New Orlaana/ I QiartB69uii*A»lu6>/Camdan I
      556 words
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      Page 34 Advertisements Column 3
      1229 34 I NORASIA^ VSL/VOY SIN ALGSCL VAL HAM BRE ROT ANT FEL LHA NOR FW6OURG 8618-3 2M4 18*6 IMB IMB IMB 2MB 2MB 21/ M 2MB 22*6 NOR HONGKOMMI7-3 61MB 22*6 2MB 2MB 77*6 28/68 2MB 2MB 2MB 3MB' NOR SHARJAM 9618-3 IMB 2MB 82*8 63*8 02*6 03*8 83*1 84*8 M
      1,229 words
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      1379 35 K STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road *11-01 Keppel Towers Singapore 0200 Tel: *****80 Fax: *****17 /jffSgS? (A SERVICE OF CHINA NAVIGATION CO) CARGO 0U€ SAILS I CJNMGAIH-22 V9506E Muan. Lab In Port 20Ap» m.UX COWTAJNBW AM) IMWUU> OCTVICT TO W»UA NKW OWWU CJHIAGAIM-30 V9611E Moan. Lab. KK
      1,379 words
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      2707 35 Ifci. "v. ,i Singapore Agcnl 1 f AflrAl P&O Containers (Singapore Agencies) Pte Ltd 10 Hoe Chiang Road, #07-01 Keppel Towers, Singapore 0208 PPPP< First Class Connections WORLDWIDE igHiim. rsmsm pnocsp f., 225 5327/222 7517 EXPORT IMPORT VESSEL VOY l-PNO 'PKQ MM SOU ANT WOT HAM OOT »*I LEM VESSEL
      2,707 words
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      439 36 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KELANG PENANG BLUE JADE 7/5 Loading tor Male IRUVAI HUOHII 5/5 Loading tor Japanese Ports PIONEER SUPREME b'S Loading tor Male UMMEEOH 25/4 Loading tor Male PROGRESS LIBERTY In Port Loading tor Bangkok PIONEER ELEGANT 20/5 ■Loading
      439 words
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      Page 36 Advertisements Column 2
      1198 36 H ANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VSL SIN LINE HAUL SEA YYR POX FOR VSI SIN UNE HAUL SAW ll M MYC £!5 223 25 555 ,RENts HOMO* »IE meumkmi w w a 11* nSIrT IRENES SYNTHESIS QOSE H H
      1,198 words
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      Page 36 Advertisements Column 3
      1160 36 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA r rtumnßwiuil m/a m* LMV LMV AMW ™P M G ROM PKi SGP r toX 24/5 GIFTED RE-059 27/3 2»/3 30/3 1/4 20/3 25/4 20/4 SSTS£LI ii« £5 22 28/5 t GENIUS RE-055 5/4 1/4 7/4 0/4 0/4 J/5 ISA V* GATHER RE-061 17/4 12/4 14/4 11/4 9/5 I.
      1,160 words
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      2541 37 EUROPE EXPRESS TO FELIXSTOWE, ROTTERDAM AND HAMBURG Smfiftrts Ginirtl Aftnls HI (Gmirtl) illlNt Otpl COSTAR SHIPPING PTE LTD F m c ,n 4 4 'n/iV.ZL I SUlKlm Wi, 117 tl nl ut frft•ttnaati« JfffJff Connntiaml 421i74f OIS Hit Tawtr 2 J!/', r Brtlktulk Sue Duel 420S 7St ff»/*««#/ 4*iJ7J# Singtptri
      2,541 words
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      Page 37 Advertisements Column 2
      615 37 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) NEXT GROUPAGE SERVICE TO SHANGHAI ETA: 26TH APR. 95 CONTACT: KEN SIM/SYLVIA HOT LINE: *****33 (30 LINES) P KLANG PH: 0203/*****02 (10 UNES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 GLOBELINK FORWARDERS PTE LTD
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      Page 38 Advertisements Column 1
      1101 38 1 VESSgL VOY *51 :5I VESSEL ~VOY SIN I WANA BHUM 276S Wed 26/4 Sit 28/4 ,|g BUNGA SEROJA 5065 Tue In Pt Thu 27/4 f^H VOY SIM BKK BHATRA BHUM 78S Wed 26/4 Sat 29/4 t THANA BHUM 118N Toe In Pt Wed 26/4 TRA BHUM 82N Tm In
      1,101 words
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      Page 38 Advertisements Column 2
      607 38 79 ANSON ROAD, <21-01, SINGAPORE 0207 TEL: *****82 FAX: *****57 CR **********0N BTRAIT3 SHUTTLE BERVICE PORT KLANG PFNANC vess* l *9! 5* P*L VESSEL vor S(W SEA LAUREL 38?N 2//4 (THU) 28/4 (FRII MCCCONVEYOR SO* nu,*.., *> 1A SJten loOOTA *22* 30.4 {SUN) MCC CONVEYOR FR| o *g J, 383N
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      Page 38 Advertisements Column 3
      248 38 GOLDEN LINE GUAM GUAN SHIPPING f<6Q\ (PTE) LTD U'-V/nA 23, Tatofc Ayer Street SMGAPORE 0104 TEL *****88 (10 UNES) Fac *****04 ICR No **********0W) »TRAIT«/RER«IAN CULP «E*VICE S"pore P.Keiang Penang GOLDEN GRACE KaractvOubai/KimaK m Port GOLDEN BEAR KaracfVDub»/KiA»a« 4/% May CHINA SERVICE GOLDEN WONDER Shanghai 4/6 May SH BAO Huangpu/Shanghai
      248 words
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      1106 39 ADVANCE CONTAINER LINES (PTE) LTD g\ P I 140 Cecil Street, #12-00, PIL Building. Singapore 0106 M V taZ TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E IAWOKOK WHOA EXFIE— "1 JAKAUTA 5 Samn.gs.to PAT. 2 Sailing] to BUT. 1 Sailing >o LCHi (j Salilngs/W«rt) PORT AUTHORITY
      1,106 words
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      Page 39 Advertisements Column 2
      816 39 VESSELS VOY SIN LE HAVRE HAMBURG THAMES ROTTERDAM ANTWERP VMXE D 1 HYDRA HOBW 2MM 1&06 18A36 20/06 21/06 22/06 VM-LS DE LYRA VOBW 01/06 23/06 2&06 27/06 28/06 29/06 VHXE DC VELA VOBW 09/06 30/06 01/06 03/06 04/06 06/06 BALTIC SKOU TO9W 18/06 06/06 V 2 06 1&06 14/06
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      Page 39 Advertisements Column 3
      706 39 I I BSA nT v nsT=irVTeV9VS&^TSB I^^HF 'Mgfe MYANMA SBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P Klg 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 02-04 *****02
      706 words
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      548 42 rZ-j RICHFIELD MARINE AGENCIES (S) PTE LTD V TEL: *****33 (12 LINES) SL FAX: *****15/*****03 HH TELEX: RS ***** RtSHIP (3 Lines) H=; CR NO: **********0E {TWA ETHIOPIAN SHIPPING LIMES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VMMI Voy ETA Loading (or Spora Mombasa, D|iboutJ Abbey Wonz 44W8
      548 words
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      Page 42 Advertisements Column 2
      556 42 AFGHANISTAN M&M Afghanistan Ltd., HLJH HkJH Hairatan, Torghundi, Islamqala (Doqhamn) mwmOcmwm c.i.s./russia: Alma Ata, Ashkhabad. Baku. Dushanbe. I Irkutsk. Khabarovsk, Krasnoyarsk. Korsakov, Moscow, Mllltzer fit MUnCrl Novosobirsk, Sochi, Tashkent. Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: Ulaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE to WEST COAST SOUTH AMERICA ALSO
      556 words
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      Page 42 Advertisements Column 3
      389 42 MM CONTAINER LINES, INC PENANO: (04) *****6 BANGKOK (662) *****57 P. KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA. (31)*****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE 1 PEN PK SIN PEN PKL SIN 5 SAILINGS/WEEK Gbura/Cha o en/Shoim/Oslo 4/5 5/5 25/4 26/4 27/4 HKG/BKK/KEE/KHH pj"3 s y 30/4 1/5 2/5 28/4 29/4 30/4
      389 words
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      470 47 I ▲HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 PNA fKE PSD VESSELS VOY SIN RTM AWT LEH HAM BREI fa 26/04 28/04 29/04 H. PIONEER 314* 01/05 19/05 ***** 19/05 ***** 21/05 23/05 03/05 05/05 06/05 SI FREEDOM 316* 08/05 26/05 28/05 26/05 28/05 28/05 30/05
      470 words
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      Page 47 Advertisements Column 2
      383 47 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE I ROftO CARRIER SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS ETA ET* VESSEL W)Y P« LOAOOK FPU ALICE 5 SU) 75/4 BATAM 27/4 WIGHT KGA I*6 27/4 21 4 MUAAA 2/5 FO«T«f EPOCH 1 21/4 30,4 APftAUSE i 10/4
      383 words
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      Page 47 Advertisements Column 3
      651 47 VtSStL w 1 Stl ETA/D LAX joAK TcS HEM/COL HOU [NYC [nOR [DAL ALLIGATOR PRPE 59A 27/04/28/04 14/05 16/05 17/05 IS/05 19/05 20/05 20/05 23/85 HENRY WPSON BRPGE S3A 04/05 /05/05 21/05 23/05 24/05 25/05 26/05 26/05 21/05 30/05 ALLIGATOR VICTORY 61A 11/05/12/05 28/05 30/05 31/05 01/06 02/06 02/06 04/06
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      302 47 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 (MOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1.5 1.3 12 1.2 1.4 1.6 2.0 2.2 2.4 2.3 2.1 1.7 1.4 1.0 0.8 06 0.7 0.9 1.3 IS
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