The Business Times, 28 April 1995

Microfilm: NL19831
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES WE KNOW ASIA MITA(P) 194/12/94 Friday April 28 1995 85 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow up 0.34 point
      67 1 Reuter NEW YORK Trading was subdued yesterday as investors turned cautious ahead of today's first-quarter US gross domestic product numbers. At 1 pm EDT, the Dow Jones Industrial Average was up 0.34 point at 4,300.17. In the broader market, declining issues led advances by a small
      Reuter  -  67 words
    • Article
      Lock icon US in open skies pacts
      36 1 Reuter WASHINGTON The United States has initialled "open skies" air accords with Denmark, Norway and Sweden, the Transportation Department said yesterday. The pacts will end restrictions on bilateral air travel. Rcutcr
      Reuter  -  36 words
  • Article
    MARKET SUMMARY
    174 1 Stock market indices Thursday Change STII 2.056.00 -7.63 KLSEComp 942.44 -16.19 Nikkei 16.883.99 +57.50 Hang Seng 8,312.29 +26.60 SET Index 1.171.86 +10.24 Jakarta Comp 417.81 -1.79 Manila Comp 2.470.98 -3.25 Taipei WPI 5.898.53 +163.30 Seoul Comp 893.88 +13.15 Bombav BSE30 ..3.210.71 -54.08 CLSA China B 754.68 -1.64 Aust
    174 words
  • Article, Illustration
    Office space prices turn soft after 15-month recovery
    497 1  -  Reports by Abdul Hadhi SINGAPORE The market for ofTicc space is casing after a 15-month recovery. Several buildings in prime areas offered recently have not found buyers, leading to a growing view among property analysts that prices shot up too fast last
    497 words
  • Article, Illustration
    Lock icon Rental rates edge up in prime areas
    279 1 SINGAPORE Office rentals, which have been lagging behind capital values, are edging up. Analysts said yesterday that rental rates in some Raffles Place buildings rose to $9.50$10.50 per sq ft (psf) in the first quarter of this year, from $8.50-$9.50 psf in fourth
    Source: Richard Ellis  -  279 words
  • Article
    Regional bourses stay in the doldrums
    204 1  -  By R Sivanithy SING A POKE Regional stocks continued to disappoint yesterday. The Malaysian market buckled under the strain of margin calls, short-selling by US hedge funds and fears of rising domestic interest rates. Brokers said there was plenty of hedge fund activity, but
    204 words
  • Article, Illustration
    Lock icon US raps Japan for not changing policy to stop yen's rise
    364 1 AFP Reuter WASHINGTON The United States criticised Japan on Wednesday for tailing to change its economic policy to deal with the recent turmoil in currency markets and urged Tokyo to reduce its trade surplus to bring the yen down.
    AFP; Reuter  -  364 words
  • Article
    Leeson faces 11 more charges of forgery and cheating
    445 1  -  By Conrad Raj SINGAPORE Nick Leeson, the man who broke one of Britain's most revered financial institutions. Barings pic, faces an additional 11 charges of forgery and cheating. The additional charges were contained in the formal extradition notice served by the
    445 words
  • Article
    Jakarta's plan to speed up farm reform may hit monopolies
    408 1  -  From Maggie Ford in JAKARTA INDONESIA has signalled its intention to accelerate the deregulation of the agriculture sector in a move which could hit the interests of major monopoly producers such as the Salim group. Beddu Amang. newly appointed chairman
    408 words
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      261 1 r1 i L J CONTENTS Co^p^n S'pore News 2 S'pcxeWsta —2122 Regional News 3.4.6 Financial 26 World News 8.9 Features Markets Analysis 19 Ctob/RLSt. S£S 30-32 Editorial 18 Regional 28 Sports 12 World 28 TV/Litestyte 17 Currencies 26 Advertising 15 Simex/Commo .26,27 Subscription Trt 1800 *****77 Fan *****75 BT Newsdesk
      261 words
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      Page 1 Advertisements Column 2
      18 1 Advertising: Pg is Singapore's big spenders An update on energy projects in Indonesia, Thailand and India Pg 19
      18 words
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      Page 1 Advertisements Column 3
      28 1 Hock Lock Siew: Pa 21 WA What's wrong with China Regional markets, Pg 28-32 Editorial: G-7 must do more, I'g 18 Washington needs wisdom of Keynes, l*j» 10
      28 words
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  • SINGAPORE NEWS
    • Eye on the Economy
      • Article, Illustration
        Lock icon How the pay packets compare
        346 2  -  By Chuang Peck Ming HOW much will managers and workers here make, and how will they rate with their counterparts in the region this year? Geneva-based Corporate Resources Group, in its Asia Human Resources Atlas 1995, offers some ideas. Start from the top with the
        Source : CRG  -  346 words
    • Article, Illustration
      Seiyu expects Bugis Junction store to be profitable in 3 years
      474 2  -  By Jenny Lam SEIYU department store, jointly operated by Japan's Seiyu Ltd and Hongkong's Wing On Group, expects to be operationally profitable in three years' time. Managing director Minoru Takaki said this yesterday at the official opening of the
      474 words
    • NEWS ROUNDUP
      • Article
        Call to workers to keep upgrading
        70 2 WORKERS must keep upgrading their skills to protect their jobs. Labour Minister Lee Boon Yang said in his May Day Message. Corporate restructuring and layoffs would become a way of life in business as global competition hots up. lie said. Unless workers acquired the
        70 words
      • Article
        ERA lands 5.6% more deals
        55 2 ERA REALTY Network said yesterday that it recorded a 5.6 per cent rise in the number of property transactions for the first quarter of this year to 1,669. compared with the same period a year ago. The value of the transactions rose to 5349 million
        55 words
      • Article
        Electricity to cost more
        31 2 THE PUBLIC UTILITIES Board said yesterday that electricity tariffs will be 0.33 cents per kWli higher in the next quarter (May to July). Gas tariffs remain unchanged.
        31 words
      • Article
        Hicom unit looks to M'sia
        36 2 IIICOM NETWORK Services Sdn Bhd, a joint venture between llicom Communications. IT Integrator and Singapore Network Services, said yesterday that it was ready to offer electronic data interchange services in Malaysia.
        36 words
    • Article, Illustration
      Siemens wants $200 m slice of regional business telecoms pie
      269 2  -  By Claire Leow THE telecommunications arm of German electronics giant Siemens aims to capture 20 per cent o£, the Asian market for business communications within five years. This share would be worth about $200 million, the executive vice-president of Siemens
      269 words
    • Article
      ST Teleport to spend US$5m on satellite dishes
      379 2  -  By Genevieve Cua ST TELEPORT, the Singapore Technologies group's satellite uplink/downlink facility, will spend USSS million (556.95 million) on new satellite dishes this year. ST Teleport general manager Toh Kim Huat said yesterday the group would install four or five more dishes
      379 words
    • Article, Illustration
      Vive L'Amour is Best Asian Feature Film
      406 2  -  Entries in Silver Screen Awards receive high praise from international jury By Susan Tsang ASIAN film-makers received high praise from the international jury at the Silver Screen Awards last night. The jury felt that the films in the competition belonged to "a world-class
      406 words
    • Article
      Leading US law firm chooses S'pore for regional office
      104 2 INTERNATIONAL law firm Vinson Llkins has opened its Asia-Pacific office in Singapore. The firm, which is one of the top 20 in the world in terms of revenue, said yesterday it had opened the office in response to client requests and
      104 words
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      189 2 The sign of excellence r > This announcement appears as a matter of record only NITHIPAT CAPITAL PUBLIC COMPANY LIMITED U*****,000,000 Syndicated Facilities Senior Lead-Manager The Hongkong and Shanghai Banking Corporation Limited, BIBF Co-Arrangers and Lead-Managers Bangkok Bank Public Company Limited Citibank N.A., BIBF Korea Exchange Bank, BIBF Westdeutsche Landesbank
      189 words
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      Page 2 Advertisements Column 2
      11 2 Siemens may miss growth target due to strong mark, Pg 25
      11 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon National Front caps victory by snapping up last seat in Sabah
      471 3 Bernama AFP KOTA KINABALU The National Front coalition (NF) yesterday completed its virtual sweep of the general election by winning in Kinabatangan constituency in Sabah, bringing its tally to 162 parliamentary seats. With the win, the NF amassed 12
      Bernama; AFP  -  471 words
    • Article
      Victory a clear mandate for Mahathir, says PM Goh
      127 3 SINGAPORE Prime Minister Goh Chok Tong congratulated his Malaysian counterpart, Mahathir Mohamad, yesterday on Barisan Nasional's victory in the general election. In his letter to Dr Mahathir, Mr Goh said that it was an expected, impressive performance, according to a Ministry
      127 words
    • Article
      KL group to pump US$1.2b into Mindanao
      261 3  -  From Al Labita in MANILA SEVEN Malaysian firms plan to form a consortium to pursue US$l.2 billion (Ssl.B billion) worth of projects in Muslim-dominated areas in Mindanao. Trade and Industry Secretary Rizalino Navarro said the plan was relayed to him last week by
      261 words
    • Article
      Asean to review relevance of older economic schemes
      404 3  -  From Loh Hui Yin in PHUKET WITH the establishment of the Asean Free Trade Area (Afta), Asean economic ministers are reviewing the relevance of the association's other existing and somewhat dated economic cooperation schemes. Among them are the Preferential Trading Arrangement (PTA),
      404 words
    • NOTE BOOK
      • Article
        Lock icon Star TV picks Jakarta as regional HQ
        83 3 Bernama HONGKONG Star TV. the News Corp satellite television subsidiary for the Asian region, has selected Jakarta as its Southeast Asian headquarters to beef up its presence in the region, the company said yesterday. Star TV already has a subscription channel agreement with
        Bernama  -  83 words
      • Article
        Lock icon Manila's tax collection shortfall
        117 3 AFP MANILA Tax collection failed to meet projected targets in the first three months of 1995 and officials warned yesterday this could lead to a smaller fiscal surplus by the year's end if the trend is not addressed. The Bureau of Internal Revenue, which accounts for
        AFP  -  117 words
      • Article
        Lock icon Jakarta may need anti-dumping law
        85 3 Reuter JAKARTA Indonesia is determined not to use anti-dumping duties to protect its market, but some kind of anti-dumping legislation may be necessary. "We have experienced the use ot anti-dumping duties by other countries as a tool of protectionism." Coordinating Minister for Economics, Finance and
        Reuter  -  85 words
      • Article
        Lock icon EAEC phobia in some countries: KL
        62 3 Reuter KUALA LUMPUR Malaysian Trade and Industry Minister Rafidah Aziz said yesterday some countries have "unfathomable" fears of an Asian economic caucus and arc trying to block its formation. Ms Rafidah said the EAEC (East Asian Economic Caucus) was not meant to be a
        Reuter  -  62 words
      • Article
        Lock icon Thai imports outpace exports
        68 3 UPI BANGKOK Thailand's exports soared nearly 20 per cent in the first quarter of 1995. but fell short of the amount of imported goods. According to a report by the commerce ministry, Thailand's exports jumped to 30() billion baht (SSI 7 billion) compared with the same
        UPI  -  68 words
    • Article
      Lock icon Indon minister left NZ because of presidential summons: Jakarta
      194 3 AFP JAKARTA An Indonesian cabinet minister hurriedly flew home from New Zealand because of a presidential summons, an official said yesterday, following reports in Auckland that a male hotel employee had complained the minister assaulted him. Tourism. Post and Telecommunication Minister
      AFP  -  194 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      30 3 0 f 1 f ■Hal -j; fifo 4 The Meutwstuck 149 Fountain Pan ond Agenda Pen, personalized engraving available Agenda, personalized embossing available. At Monlblanc Boutiques. f MONTRLANC BOUTIQUES Singapore
      30 words
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      28 3 "No great artist ever sees things as they really are. If he did he would (ease to be an artist." Oscar Wilde MONT* BLANC THE APT Of WRITING
      28 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China's grain ration coupons a short-term scheme: official
      364 4 Reuter BEIJING China has revived grain ration coupons in 29 big cities to ensure supplies for the poor but the return to ways of a Soviet-style planned economy will die out as the market matures, a senior grain official said. The coupons
      Reuter  -  364 words
    • Article
      Lock icon Beijing to work with anti-piracy group
      82 4 Bloomberg Business News HONGKONG Chinese authorities have agreed that compact disc manufacturers in China will check their orders with the international industry body charged with cracking down on piracy. The International Federation of the Phonographic Industry has published a list of 30 factories in
      Bloomberg Business News  -  82 words
    • Article
      Lock icon Beijing-Taipei trade up 44%
      80 4 Bloomberg Business News HONGKONG Indirect trade between China and Taiwan rose 44 per cent to U552.97 billion (554.12 billion) in the first two months of this year, the South China Morning Post reported, citing statistics published by the Taiwan Board of Trade. Most of the increased
      Bloomberg Business News  -  80 words
    • Article
      Lock icon New year rural exodus curbed
      80 4 AFP BEIJING China has claimed some success in its efforts this year to curb the annual Spring Festival flood of rural labourers to and from major cities, the China Daily reported yesterday. Labour Minister Li Boyong told a national conference on Wednesday that the number
      AFP  -  80 words
    • Article
      Lock icon Taiwan's economy gets robust rating
      51 4 AFP TAIPEI Taiwan's economy got a healthy "green light" rating yesterday from the cabinet-level Council for Economic Planning and Development, the fourth consecutive robust showing from major economic indicators. The council said the economy in February remained promising and registered a fourth straight green light.
      AFP  -  51 words
    • Article
      Lock icon ADB expects post-Deng China to continue reforms
      330 4 AFP MANILA The reforms which sparked China's sterling economic growth will continue in the post-Deng Xiaoping era because of popular support, experts at the Asian Development Bank (ADB) here said. China specialists admitted that the pace of the reforms has somewhat slowed down
      AFP  -  330 words
    • Article, Illustration
      Lock icon Showdown over demolition
      54 4 AFP TAICHUNG, Taiwan Riot police standing in front of cranes and bulldozers set to enter an area where local residents were demonstrating yesterday to protest against a government order to tear down their illegally built homes. More than 169 households and factories have been put up illegally
      AFP  -  54 words
    • Article
      Lock icon Taiwan's president says time not ripe for talks with Beijing
      245 4 AFP TAIPEI Taiwanese President Lee Teng-hui yesterday ruled out political dialogues with China, saying it is still not the time for the heads of state to hold talks. But he acknowledged that reforms have been underway on the mainland, and
      AFP  -  245 words
    • Article
      Lock icon Deng in good health, says China's Foreign Ministry
      230 4 Reuter BEIJING China's Foreign Ministry spokesman said yesterday paramount leader Deng Xiaoping was in generally good health for a man of his age. The spokesman said he had been authorised to repeat China's official line on the health of the 90-year-old leader.
      Reuter  -  230 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      238 4 v* y "•> -5 v.- >. German engineers discover cure for executive stress. The engineers at Volkswagen don't just concern themselves with the wodrings of much higher level than other 2 MrecarsV VWh help Iron, power steenng and Volkswagens Naturally, there's also room lor five adults m the comfort ol
      238 words
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  • Page 5 Advertisements
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      153 5 I HI I i 4 J i When people want their documents to persuade, explain or simply be understood, they dont compromise on their printers. Thats why more people around the world use HP LaserJets and HP DeskJets. From Sydney to Siberia, from New York to New Delhi, in offices
      153 words
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  • ASIA
    • ASIA NOTES
      • Article
        Lock icon OECD to set new criteria for aid
        71 6 AFP TOKYO The Organisation for Economic Cooperation and Development plans to set new standards for granting official development assistance which would disqualify Taiwan, Hongkong and other recipients from 1997, a report said yesterday. In addition to the current measure of pcr-capita gross national
        AFP  -  71 words
      • Article
        Lock icon Little progress in US, Japan car talks
        44 6 Bloomberg Business News TOKYO US and Japanese negotiators have made little progress in a second day of talks on improving American companies' access to Japanese vehicle markets, an American close to the talks said. Bloomberg Business News
        Bloomberg Business News  -  44 words
      • Article
        Lock icon Aussie inflation falls to 30-month low
        70 6 Bloomberg Business News SYDNEY Australia's core inflation rate fell to a 30-month low in the March quarter, easing concerns that interest rates will have to rise again soon and sending bond yields tumbling. The government yesterday reported the prices consumers paid for goods and
        Bloomberg Business News  -  70 words
      • Article
        Lock icon UN head sees more ethnic, religious woes
        42 6 AP SYDNEY UN Secretary-Gencral Boutros Boutros-Ghali has predicted a surge in ethnic and religious strife. Addressing a forum here on dignity for women in war, he thanked organisations providing humanitarian aid to war-torn countries. AP
        AP  -  42 words
    • Article
      Shell Australia warns it may close plants, shift to S-E Asia
      432 6  -  From Peter Lynch in SYDNEY SHELL AUSTRALIA has sounded a warning that it may close its plants and shift its refining operations to South-east Asia. This warning given earlier this week came in an outspoken attack on government environmental
      432 words
    • Article, Illustration
      NZ govt hits out at MP seeking curbs on foreign investment
      388 6  -  From Mike Simms in AUCKLAND A LEADER of a political party who called for stringent curbs on foreign investment was attacked as bigoted and anti-Asian by the New Zealand government yesterday. Finance Minister Bill Birch said the New Zealand
      388 words
    • Article
      Lock icon S Korean current account deficit at historic high
      435 6 Reuter SEOUL South Korea has posted its largest-ever current account deficit, which the central bank said was caused by soaring imports and rising prices for capital goods and raw materials. Preliminary figures from the Bank of Korea (BOK) showed the current account
      Reuter  -  435 words
  • Page 6 Advertisements
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      1309 6 fIE If only I j the market predi c t a b tie I H i -II t r* i h,. -.JU I II HAI SUN HUP GROUP LTD HAI SUN HUP GROUP LTD (Incorporated in the Republic of Singapore) (Incorporated in the Republic of Singapore) ANNOUNCEMENT NOTICE TO WARRANTHOLDERS
      1,309 words
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      308 7 LEAVE YOUR MARQUE WHEREVER YOU GO. The BMW 520 i Executive. The BMW 520 i is, in no uncertain terms, to the exacting fraction. a visible manifestation of who you are and These factors and more make the BMW where you are going. 520 i what it is today. From
      308 words
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  • THE WORLD
    • Article
      Lock icon EU, US urged to review relationship
      476 8 Reuter AFP BRUSSELS Like lovers with abrasively different characters, the European Union and the United States are once again reviewing their often stormy relationship. This time, perhaps, the stakes are higher. The EU's trade commissioner Sir Leon Britlan said yesterday that the EU must
      Reuter; AFP  -  476 words
    • Article
      Lock icon Canada plans to open skies to satellite TV competition
      389 8 Reuter TORONTO The Canadian government announeed on Wednesday it planned to open the skies to satellite television competition, paving the way for entry of the so-called US "dcathstar". Heritage Minister Michel Dupuy unveiled a new policy in the House of Commons
      Reuter  -  389 words
    • WORLD WATCH
      • Article
        Lock icon Labour seen ahead in UK local poll
        132 8 AFP LONDON I'hc opposition Labour party will go into the local elections in England and Wales next Thursday with a commanding 30-point lead over the ruling Conservatives, according to an opinion poll published here yesterday. The Mori poll for The Times gave Labour
        AFP  -  132 words
      • Article
        Lock icon French survey shows short-term growth
        73 8 Reuter PARIS French industrialists expect continued growth in the coming months but their optimism about the general outlook has declined further, the April monthly survey of French industrialists showed. The industrialists surveyed said production rose in all main manufacturing sectors in the first quarter of
        Reuter  -  73 words
      • Article, Illustration
        Lock icon Remembering the Holocaust
        54 8 Reuter JERUSALEM Israeli citizens standing by their cars here yesterday as traffic comes to a halt for two minutes while a siren wails to mark Holocaust Day. The country came to a standstill to mourn the six million Jews who perished at the hands of Nazis during
        Reuter  -  54 words
      • Article
        Lock icon Gas pipeline explodes in Russia
        84 8 AP MOSCOW A major gas pipeline exploded 1.000 km north-east of Moscow yesterday, sending a giant fireball thousands of metres high and scorching a large area of thick forest. There were no deaths or injuries and the cause was not immediately known, officials said. Windows
        AP  -  84 words
      • Article
        Lock icon Kuwait in talks to buy US choppers
        75 8 AFP KUWAIT CITY Kuwait has begun talks with the United States to buv Apache attack helicopters which saw action here in the 1991 Gulf War, a senior military official said yesterday. General Fahd al-Amir, the Kuwaiti army's assistant chief of staff, told the
        AFP  -  75 words
      • Article
        Lock icon Gingrich sees passage for telecoms bill
        71 8 Bloomberg Business News NEW ORLEANS House Speaker Newt Gingrich said he expected versions of the telecommunications bill to pass both houses of Congress by the end of the summer and a final bill to be approved by the end of the year. He said:
        Bloomberg Business News  -  71 words
    • Article
      Lock icon IMF moving towards early warning systems
      440 9 FT Bloomberg Business News WASHINGTON Member countries of the International Monetary Fund are moving towards agreement on improved early warning systems to head off Mexican-style financial crises. Countries argued in the IMF's policymaking interim committee on Wednesday that enhanced surveillance procedures were needed to
      FT; Bloomberg Business News  -  440 words
    • Article, Illustration
      Lock icon A nose for bad cash
      53 9 AFP LONDON A police horse sniffing out counterfeit bank notes seized h> police here on \\ednesda> in the largest e*er haul over £18 million (S$ 40.32 million) of fake British and I S current) alter a team of five detectives raided a lock-up garage in
      AFP  -  53 words
    • Article
      Lock icon Clinton outlines new anti-terrorist measures
      154 9 NYT WASHINGTON US President Clinton on Wednesday night proposed a new round of anti-terrorism measures, ineluding hiring 1 .(MX) new federal agents and easing the ban on involvement by the military in law enforcement to let it help investigate crimes involving chemical, biological or nuclear
      NYT  -  154 words
    • Article
      Lock icon A chilling proposal for Cold Warriors at the CIA
      329 9 NYT WASHINGTON The man nominated to be the next CIA director. Deputy Defence Secretary John M Deutch, pledged on Wednesday to sweep away a generation of Cold Warriors at the agency and change the spy service "all the way down to
      NYT  -  329 words
    • Article
      Lock icon Year 2000 the Achilles' heel for computers?
      273 9 AFP The world's big Computer systems could get suck at midnight on New I ear's Eve in 1999 if their proamming is not rectified in me to shift into a new centur, experts have warned. The machines set up in the 1960s and
      AFP  -  273 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      996 8 lilts Marketing E Institute of Singapore Date: 22 23 May, 1995 Le Meridten Orchard Fees: $824.00 (Non MIS Member) $618.00 (MIS Member) $618.00 Uoin as Member now)* Seminar Objectives Seminar participants will learn how to apply a new, cutting-edge identity-management framework to the needs of their organization. The framework is
      996 words
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      Page 8 Advertisements Column 2
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      Page 8 Advertisements Column 3
      165 8 A Two Half-Day Seminar 4 5 May 1995 9.00 am 12.30pm The Impact of New Company Law 8c New Tax Laws on Foreign Investments Seminar Leader Lee Fook Hong Day 1 New Company in China Background to the New Company Law Overview and Impact of the New Company Law Establishing
      165 words
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      Page 9 Advertisements Column 1
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      Page 9 Advertisements Column 2
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  • FOCUS
    • Article, Illustration
      Lock icon Wanted in Washington: the wisdom of Keynes
      794 10  -  Fixing the Bretton Woods system From Leon Hadar in WASHINGTON THE LEADERS of the Group of Seven industrial nations will meet in June in Halifax, Nova Scotia, to discuss reforming the Bretton Woods framework which, under the inspiring leadership of the US and
      Reuter  -  794 words
  • Page 10 Advertisements
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  • Page 11 Advertisements
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  • SPORTS
    • Article
      Lock icon Conner makes comeback victory
      636 12 America's Cup NYT SAN DIEGO In what was perhaps the most dramatic reversal in America's Cup history, Dennis Conner made up a four-minute deficit on Wednesday as his Stars A Stripes beat Mighty Mary by 52 seconds to Win the right to defend yacht facing's premier
      NYT  -  636 words
    • Article, Illustration
      Lock icon NZ govt giving NZ$5OO,OOO to America's Cup challenger
      228 12 AFP WELLINGTON The New Zealand government will give Team New Zealand NZ$5OO,OOO (*****.800) to support its bid to win the America's Cup, Trade Minister Philip Burdon said yesterday. His announcement came as New Zealand again came to a virtual standstill to watch
      AFP; Reuter  -  228 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        214 12 AFP WASHINGTON Baseball is back, but not all fans are prepared to forgive and forget the 232-day strike. Attendance was down on the first big day of the 1995 season on Wednesday, despite free tickets and other promotions designed to soothe fans still angered by the strike that wiped
        AFP  -  214 words
      • Article, Illustration
        Lock icon Boxing
        53 12 AFP SAG HARBOR. New York Heavyweight challenger Axel Schulz' promoter has urged the International Boxing Federation to overturn George Foreman's controversial victory of last Saturday. Promoter Ccdric Kushner called the decision "wrong and unfair" in a letter to IBF president Bob Lee. Foreman. 46. kept his crown with a
        AFP  -  53 words
      • Article, Illustration
        Lock icon Olympics
        61 12 AP IALSANNE, Switzerland The Japanese broadcast rights for next year's Atlanta Olympics have been wld for U5599.5 million (*****.5 million), the lOC announced on Wednesday. The International Olympic Committee said the exclusive rights were awarded to the Nippon Hoso Kyokai (NHK) network and the National Association of Commercial Broadcasters.
        AP  -  61 words
      • Article, Illustration
        Lock icon Rugby
        258 12 AFP Reuter IXJNDON England stars Victor Übogu and Tim Rodbcr said they would consider joining Rupert Murdoch's breakaway Australian rugby league circus alter this year s World Cup. Murdoch is understood to be ready to offer around £300.000 (*****.(H)0) a year to top union players. Prop Übogu is quoted
        AFP; Reuter  -  258 words
      • Article, Illustration
        Soccer
        114 12 PARIS European championship qualifiers. Wednesdav Group I: Azerbaijan 1 Romania 4; France 4 Slovakia 0. Grp 2: Armenia 0 Spain 2: Denmark I Macedonia 0; Belgium 2 Cyprus 0. Grp 3: Switzerland 1 Turkev 2; Hungary I Sweden 0. Grp 4: Estonia 0 Ukraine 1; Lithuania 0 Italy I;
        114 words
      • Article, Illustration
        Tennis
        200 12 MONTE CARIX) A sprained ankle could put Pete Sampras him out of action for about two weeks. Sampras twisted his ankle in his opening match on Wednesday at the Monte Carlo Open, running to get to a shot by Paul Haarhuis of the Netherlands in the third game of
        200 words
    • Article, Illustration
      Lock icon Four Ryder Cup stars head Paris Pairs field
      245 12 Golf AP SAINT CLOUD. France Four of the current top seven on the Ryder Cup qualifying list, including Spain's Severiano Ballcstcros and Jose-Maria Olazabal. head the field at the US$5lO.OOO (*****.328) Paris Pairs event this week. The Spaniards, as well as Scotland's
      AP  -  245 words
    • Article, Illustration
      Lock icon Rockets lack hunger for another crown, says Hakeem
      463 12 NBA Playoffs AFP HOUSTON Hakeem Olajuwon. the Nigerian-born centre who sparked Houston to last year's National Basketball Association title, does not see the hunger in his teammates for another crown. "The anger is not there like it was last year." Olajuwon said
      AFP  -  463 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      331 12 I MFBline I An SPH AudioTex Service ENGLISH NUMBER Children's Funland isaw Three stups 910 0001 Usborne Book Line The wind a The Sun 910 0002 Horse Racing Results 911 0001(*) 4D/Sweep/Toto lTotoDrawNo967 911 0002(*) Tele-Games Crack The Safe A Mrs Wizards 911 0003 Crystal Ball 9 Me— Line I
      331 words
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      Page 12 Advertisements Column 2
      7 12 >re tl<rr .xt to co iB _^i«ilL-
      7 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      711 13 GOODWOOD PARK HOTEL LIMITED I AND ITS SUBSIDIARY COMPANIES (Incorporated In Singapore) (I PROFIT AND DIVIDEND ANNOUNCEMENT I (T) UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 1995 I 1. Unaudited Profit and Low Accounts I ma croup Ttw company 1995 1994 Change 1995 1994 Change [1 SS'OOO SS'OOO
      711 words
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      Page 13 Advertisements Column 2
      693 13 MALAYSIA LIMITED I AND ITS SUBSIDIARY COMPANY I (Incorporated In Singapore) I PROFIT AND DIVIDEND ANNOUNCEMENT I (H UNAUPITEO RESULTS FOB THE SIX MOUTHS ENDED 31 MARCH 1995 K 1. Unaudited Profit and Loss Accounts I The Croup The Company 1 1995 1994 Change 1995 1994 Change SS'OOO SS'OOO SS'OOO
      693 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      150 14 JBSb DEVELOPMENTS IS PROUD to present a limited edition of six superbly fj designed villas on elevated land in the coveted East Coast area overlooking the sea. In the vicinity of top schools, major shopping centres and recreational facilities, Villas at Kew have well-established landed properties as neighbours. Conceived in
      150 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Dover Parkview's top advertiser in 1st qtr
      543 15  -  Genevieve Cua looks at what makes up the $223 m advertising expenditure pie, which saw a further shrinkage in newspapers' share Genevieve Cua Mcdonald's Singapore's single largest advertiser since 1988 was knocked off the advertising pedestal by Dover Parkview condominium in the first
      543 words
    • Article, Illustration
      Lock icon McDonald's steps up competition in America
      369 15 Its mantras-value-pricing, location ana customer satisfaction Reuter Fast-food giant McDonald's Corp is taking off the gloves with its competition in the US, keeping prices low in an effort to build market share. "In the US, it is a price/market share slugfest. It's very competitive,"
      Reuter  -  369 words
    • Article, Illustration
      Lock icon Benetton wins court case against German retailer
      409 15 In the first of a dozen eases, clothes firm Benetton has come out on top after a shopowner blamed its hard-hitting ads for a drop in sales Reuter A GERMAN state court ruled on Wednesday that a former retailer upset by Benetton's shock
      Reuter  -  409 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      116 15 Seminars to Suit Every Need The Orchard Parade Hotel's banquet department has the expertise and facilities to satisfy your seminar requirements. What's more, we're conveniently located outside the CBD. Highlights of our full-day seminar from $30 per person (minimum 50 persons) include: Use of overhead/slide projector with screen Whyteboard and
      116 words
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      Page 15 Advertisements Column 2
      368 15 The Ist Singapore World Wide Web Conference '95 :<■ 1 EXDloititld thG W6b for vour As the astest growing facet of Internet, the World Wide Web offers businesses in Singapore a wealth of information and opportunities, business advantage! Through it, companies will be able to disseminate product information to a
      368 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1049 16 No. lin tll©*U§Al WHERE TO WINE, DINE AND ENTERTAIN "*♦s S Secretaries Week Celebration Bosses! Show appreciation. Treat your Secretary to Cate Plaza's Oriental/Western Set Lunch at $.V> per person 1 or Secretaries Set Lunch MKtjm v Menus from $(>H Sl9B at Seafcxxl Theatre Restaurant. 1 flfj J •Complimentary miniature
      1,049 words
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      Page 16 Advertisements Column 2
      415 16 This 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 Amen can breakfast at Mandarin Singapore She'll also stand a chance to win lots of other attractive prizes
      415 words
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  • LIFESTYLE
    • Article, Illustration
      Thought-provoking game of patients
      580 17  -  Shahiron Sahari checks out Singapore Stage Club's play version of the hit film One Flew Over the C uekoo s Nest Shahiron Sahari IT IS VERY easy, and very natural, to feel some resistance towards a stage production of Ken Kesey's One Flew Over The Cuckoo's
      580 words
    • Article
      Bugis Street not going to Cannes
      327 17  -  By Susan Tsang CONTRARY to recent reports, Bugis Street The Movie is NOT going to Cannes. Jaytex Productions, which produced the film, had earlier announced that its $3 million effort would be going to the prestigious French film festival. which takes place from May
      327 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      248 17 WHERE TO WINE, DINE AND ENTERTAIN CatrnlftU jSteafe Pouae Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1150+ Monday to Saturday 160 Orchard Road #B 1-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 i KARAOKE: It's Performance
      248 words
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      Page 17 Advertisements Column 2
      138 17 TSINGTAO BEER Standing tail with its Superb Flavour Tsingtao, a rich strong flavoured beer brewed with sparkling, spring water from the famous mountains of Laoshan. Its superb taste, praised and awarded the world over since 1963, quenches your thirst... revitalises your body... makes you feel good! IV Tsingtao, it's on
      138 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      1130 17 R Cyber Tracker, Bpm, Ch 5 gW\ ff& In this futuristic actionem the f/M f.gj r*'' 5 i judicial system is computerised! White Phantom: Enemy Of Dart- II iM JKIJj nest, lipm, Ch 5 TV VB jpTL M V A ninja gang plans to deliver a plutonium weapon to terrorists.
      1,130 words
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  • Article
    The G-7 must do more
    527 18 editorial! IT WAS probably just as well that there were meagre initial expectations for the meeting of the Group of Seven (G-7) finance ministers in Washington on Tuesday. On the eve of the meeting, the world's newspapers were highlighting the angry disagreements among the United
    527 words
  • WHAT THE OTHERS SAY
    • Article
      After the big win...
      346 18 THE National Front's big win in the Malaysian election validates an electoral truism in developing countries that pocketbook issues and the certainty of a bountiful future override everything else. Orators and snake-oil salesmen take note: one can perform to charm or agitate the crowds but the
      346 words
    • Article
      Design dispute
      169 18 THE Airport Authority of Thailand (AAT) seems to be dragging its feet on the development of the Second Bangkok International Airport (SBIA) at Nong Ngu Hao by failing to come out with a clear-cut criterion for bid assessment. The six-month delay in the selection of which consultancy firm
      169 words
    • Article
      Resounding mandate
      147 18 MALAYSIANS gave the ruling National Front coalition, led by Prime Minister Mahathir Mohamad, a resounding vote in the recent state and parliamentary' election. With 84 per cent out of 192 parliamentary seats, the Front obtained the biggest mandate since independence. The critical contest in four key states Penang,
      147 words
    • Article
      Multi-racial spirit affirmed
      183 18 THE resounding victory scored by the National Front in the Malaysian general election has been said to be closely related to the vigorous efforts made by Prime Minister Mahathir Mohamad and Deputy Prime Minister Anwar Ibrahim to win the favour of the Chinese electorate. It also shows
      183 words
    • Article
      Improving govt organisations
      189 18 WHEN it comes to business, productivity and efficiency are essential tools for survival. By contrast, most public sector organisations have enjoyed being subsidised by tax revenue and are, therefore, immune from the constant pressure to achieve. This will soon change if the global trend in streamlining government
      189 words
  • Article, Illustration
    Critics are speaking up
    962 18  -  Despite crackdowns, a growing number of Indonesians are now openly speaking out against government policies. Maggie Ford, in Jakarta, finds out why. Maggie Ford The writer is BT's Jakarta correspondent DESPITE increasing openness in Indonesian society, only a brave man or woman would enter politics on
    962 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      125 18 Now available in Singapore: THE BEST PRESENTATION SKILLS i by lain Ewing j THE Based on Singapore's famous J BEST Ewing Communications I I Seminar. PRESENTATIONI The most complete, SKILLS mMb comprehensive and 1 definitive book on *->*<>» w Presentation Skills ever j written. Guaranteed to by lam Ew*9 teach
      125 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      78 18 of five. Be&sI chased By J x I l D 0.... J TH£M *U- MV LIFE. J \)OU SEeM To Knolo y V 1 fs LOT fr6QUT JO" A ,9: *4 y C ASSOCIATE!) NEWSPAPERS LID. IM2-IM9 DOONESBURY GARRY TRUDEA a**; KID, I JUST THINK COMPUCATEDJOD. VOU'D BB MORE COMFORT-
      78 words
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  • ANALYSIS
    • Article, Illustration
      Indonesians grapple with private power
      1185 19  -  Asian INFRASTRUCTURE A monthly series S N Vasuki takes a look at plans by Indonesia, Thailand and India for more electric power as they move into the 21st century Govt plans to raise share of independent power producers between now and year 2000 S N
      1,185 words
    • Article, Illustration
      International giants bid for Thai projects
      1148 19 Big deals up for grabs as the country plans for the next century AS THE June deadline approaches, some of the biggest names in the power generation business are preparing detailed bids for Thailand's ambitious independent power producers (IPP) programme. Up for grabs are
      1,148 words
    • Article
      Opposition Shiv Sena and BJP breathe fire over Dabhol
      986 19 New coalition government of Maharashtra State threatens to cancel India s prestigious USs92om joint-venture project IN EARLY January, an overseas team of project finance specialists arrived in Bombay to assess the Dabhol power project, the single largest foreign investment in India's
      986 words
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  • Article
    Central banks' US$59b splurge failed to calm forex markets
    365 20  -  From Neil Behrmann in LONDON CENTRAL BANKS spent US$59 billion (5582.6 billion) during the first quarter of this year in a futile effort to counter currency turmoil, according to estimates of the Bundesbank, Bank of Japan and market sources. In its
    365 words
  • Article
    Lock icon Iran proposes selling oil to Japan in yen instead of dollar terms
    407 20 Reuter TOKYO Iran's state oil company, the National Iranian Oil Co (NIOC), has proposed denominating oil sales to Japan in yen as the dollar's deteriorating value is biting into its coffers, Japanese oil companies said yesterday. Japan is
    Reuter  -  407 words
  • Article
    Lock icon Economists see slower US growth in first quarter and beyond
    253 20 Knight-Rid-der Reuter WASHINGTON Americas economy is expected to show slower growth in the first quarter from its vigorous pace of late last year, and the composition of first-quarter growth will suggest that the economy may slow further in the second
    Knight-Ridder; Reuter  -  253 words
  • Article
    Lock icon Party chiefs have okayed Beijing city's leadership purge: sources
    244 20 AFP BLUING The removal of the top leaders of Beijing municipality. including the city's powerful Communist Party chief Chen Xitong. has been formally sanctioned by the central leadership, informed sources said yesterday. The majority of the politburo standing committee, the party's
    AFP  -  244 words
  • Article
    Lock icon Lloyd's set to post £1.5b loss for 1992
    210 20 AFP Bloomberg Business News LONDON The Lloyd's of London insurance market is cxpcctcd to report losses totalling £1.47 billion (553.3 billion) in 1992, when it ofTicially announces the results in May, independent experts Chatsct predicted yesterday. The Chatsct figure is made up
    AFP; Bloomberg Business News  -  210 words
  • Article
    Lock icon India expects capital inflows to tumble in 1995-96: paper
    290 20 AFP Reuter NEW DELHI India's Finance Ministry expects overseas capital inflows to plummet in 1995-96, with foreign investors shying away from capital markets due to political uncertainty, the Times of India said yesterday. "Current estimates made by the ministry show that
    AFP Reuter  -  290 words
  • Article
    Lock icon NAM meeting ends with some accords on political issues
    119 20 AFP BANDUNG, Indonesia Non-Aligned Movement (NAM) ministers yesterday ended a three-day meeting of the movement's eoordinating bureau that yielded several recommendations on various international political issues. The meeting, attended by delegates from 97 member countries plus observer and gufst nations and
    AFP  -  119 words
  • Article, Illustration
    Australia sells itself short by not showcasing talents
    813 20  -  The Bottom Line TYE KIM KHIAT TYE KIM KHIAT The writer is a BT correspondent AUSTRALIA is getting a technological makeover in the form of a ASK) million media blitz so as to catch the eye of Asia. Running over 15 months
    813 words
  • Article, Illustration
    Lock icon The big cleanup
    57 20 Reuter USINSK, Russia lm> hundred kilometres to the south of this Russian town, a huge explosion at a pipeline sent a pillar of Tire thousands of metres into the air. Workers are seen here using a special spade and suction hose to clean up oil and pumping
    Reuter  -  57 words
  • Page 20 Advertisements
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  • COMPANIES & MARKETS
    • Eye on your Stocks
      • Article, Illustration
        MARKET MOOD
        52 21 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5 -6pm yesterday. Overnight events mnv alter sentiment. Brokers polled Alliance. Barings. Credit Lyonnats Securities. Datwa, Fraser. G K Ooh. Kay Hian. Morgan Grenfell, Ong (o. Nomura. Phillip. Smith New Court. WI Can and
        52 words
      • Article, Illustration
        HOT STOCK
        114 21  -  Paul Leo PARKWAY Holdings succumbcd to strong selling pressure to end 6 ccnts lower at $3.20 yesterday. Trading volume of 4.54 million shares was nearly 40 times the 10-day average of 114,000 shares. But if a married deal of 4.47 million shares at 53.46 is discounted, the technical
        114 words
    • Article
      Amcol expects US$50m profit from Shanghai property project
      427 21  -  By Conrad Raj SINGAPORE Amcol Holdings, a listed property trader and electrical and electronics goods distributor, hopes to rake in at least US$5O million (Ss7o million) from its Zhongshan Square commercial and residential project in Shanghai. This was disclosed to BT at
      427 words
    • Article, Illustration
      Participants raise $131,740 despite poor market conditions
      434 21 DBS Charity Investment Race SINGAPORE The latest lap of the five-year Charity Investment Race ended last month with $131,740.50 raised for the Community Chest. At a thank you ceremony yesterday at the Raffles Hotel for the eight teams that took part in the
      434 words
    • Article
      Keppel Bank to upgrade Hongkong deposit firm to branch
      244 21 SINGAPORE Fast-expand-ing Keppel Bank will open a branch in Hongkong next month. The bank says in its latest annual report that it received approval late last year to upgrade its deposit-taking company in the British colony to a restricted branch. It
      244 words
    • Article
      China H shares: investors getting too many nasty surprises in the small print
      699 21  -  HOCK LOCK SIEW By Steve Vines HONGKONG The business of investing in H shares is still a triumph of hope over experience. No one can deny that there was a great deal of hope when the Hongkong
      699 words
    • Article
      San Teh to open third China plant in Tianjin
      315 21  -  By Quak Hiang Whai SINGAPORE Rubber keypad maker San Teh, which announced plans on Wednesday to raise $20 million through a rights issue, will start production in Tianjin, China, next month. The plant, which will also make silicone rubber keypads, is
      315 words
    • Article
      Landmarks reports 2% drop in net earnings
      142 21 SINGAPORE Hotel group Landmarks Bhd has reported a 2 per cent drop in net profit for calendar year 1994. Profit slipped to M 536.4 million (5520.3 million) from M 537.05 million in 1993 because of a much higher tax bill. Tax last year
      142 words
    • COMPANIES
      • Article
        Clipsal to restructure stake in PWE to raise profile in Malaysia
        364 22  -  By David Mok SINGAPORE In a bid to increase its presence in Malaysia, electrical accessories maker Clipsal Industries is restructuring its interest in PWE Industries Bhd. the company said yesterday. The firm said in a statement that it would
        364 words
      • Article
        SBS aims to offer tourist transport services in Vietnam and Myanmar
        258 22 SINGAPORE Singapore Bus Service is exploring opportunities in tourist transport in Vietnam and Myanmar. SBS corporate development manager Choo Feng Yen said yesterday the company hoped to provide coach services to airports and tourist attractions, as well as limousine
        258 words
      • Article
        Goodwood Park interim net profit jumps 19% to $16.2 m
        365 22 Hotel Malaysia shines too with 17% rise in first-half earnings to $5.9 m SINGAPORE Khoo Teck Puat's Goodwood Park and Hotel Malaysia have turned in strong interim results. Goodwood said yesterday that its net profit for the six months to
        365 words
      • Article
        Untitled
        552 22 Mwnw' prtew Apr 28 Mendaki Gr Fund 0.96 0 99(5 Singapore Unit Trust USGrFund 103 M7 166 UOB Asset Mgt Ltd The Savings Fund 1.42 I.SO Unifund 1-33 I 39 S'porc Prog Fund 0.57 0.63 Unibond 1.03 1.055 5 pore Sec Fund 0.93 0.99 United Or Fund! 1.56 1.62 S'porc
        552 words
      • Article
        OCBC's subsidiary in Australia reaps first profit since 1986
        511 22  -  From Florence Chong in SYDNEY BANK of Singapore (BOS), the Australian offshoot of OverseaChinese Banking Corporation, has announced its first profit since 1986. BOS announced a profit of A 57.3 million (557.4 million) for the year ending 1994 which was a
        511 words
      • Article
        Lock icon HK fund managers dissatisfied with some H share firms
        416 23 Reuter HONGKONG Recent indifferent earnings reports from Chinese companies listed in Hongkong were roughly in line with market expectations, fund managers here said yesterday. But, they added, they were disappointed with some of the management at the state-con-trolled firms. The companies
        Reuter  -  416 words
      • COMPANY BRIEFS
        • Article
          Lock icon Lai Sun group buys site for HK$500m
          98 23 Bloomberg Business News HONGKONG The Lai Sun group, in an unusual move which confounded many analysts, has decided to buy a piece ot land through its Lai Sun Garment subsidiary, the Hongkong'Economic Journal reported yesterday. In the past, the group has put all
          Bloomberg Business News  -  98 words
        • Article
          Lock icon Kalbe Farma's earnings rise 17%
          45 23 AFP JAKARTA Indonesia's largest pharmaceutical company. PT Kalbe Farma posted a 17 per cent rise in consolidated net profit to 59 billion rupiah (Ss37 million) last year. Its assets increased a hefty 109 per cent to 1.09 trillion rupiah. AFP
          AFP  -  45 words
        • Article
          Lock icon SM Fund suffers 57% profit plunge
          61 23 Reuter MANILA SM Fund Inc. the financial and investment subsidiary of Chinese-Filipino shopping mall magnate Henry Sy. suffered a 57.46 per cent fall in first-quarter net income to 40.743 million pesos (552.17 million). It attributed the decline to the hefty fall in its investment
          Reuter  -  61 words
        • Article
          Lock icon Thai bank plans 1-for-6 rights issue
          44 23 Reuter BANGKOK Bangkok Metropolitan Bank pic said it will allocate 118.67 million new shares to existing shareholders. The shares will be offered at one new share to six existing shares at 10 baht (56 Singapore cents) each. Reuter
          Reuter  -  44 words
      • Article
        Lock icon Philippine National Bank's profit up 7.9% in 1st quarter
        286 23 Bloomberg Business News MANILA The state-con-trolled Philippine National Bank (PNB). the country's largest bank, said its net income rose 7.9 per cent in the first quarter to 501 million pesos (SS27 million). The increase reversed last year's profit fall of 17
        Bloomberg Business News  -  286 words
      • Article
        Lock icon PLDT's first-qtr profit jumps 44% as phone firm heads for strong recovery
        378 23 Reuter MANILA Philippine Long Distance Telephone Co (PLDT) said yestcrdav firstquarter profits jumped 44.1 per cent after disappointing 1994 results, showing the firm is well on the road to a strong recovery. PLDT said net profits in the
        Reuter  -  378 words
      • Article, Illustration
        Lock icon Optus sees big battle ahead in Aussie pay TV
        180 23 Reuter SYDNEY The fight for control of the rugby league is just the first shot ot the big battles which will be fought in the war for supremacy in Australia's potentially lucrative pay TV industry, Geoffrey Cousins, chief executive officer of
        Reuter  -  180 words
      • Article, Illustration
        Lock icon Strong yen may slash Toyota profit by 65%
        468 25 AFP Bloombeg Business News TOKYO Toyota Motor Corp's operating profit will drop 65 per eent for the six months to September, from the previous interim period, if the dollar stays at the 82-yen level, a report said yesterday. The operating profit of
        AFP; Bloombeg Business News  -  468 words
      • Article
        Lock icon Chrysler stocks fall as Kerkorian bid fades
        257 25 NYT DETROIT C hrysler Corp has surely never been so happy to see its stock price tumble. In a sign that investors have all but written oil' Kirk Kerkorian's chances of buying C'hrvsler. the shares of the carmaker on Wednesday endured their sharpest
        NYT  -  257 words
      • Article
        Lock icon Siemens may miss growth target due to strong mark
        377 25 Bloomberg Business News MUNICH German engineering and telecommunications company Siemens AG said first-half net profit rose 7 per cent and warned the strong deutschemark might crimp full-year earnings. "The sharp appreciation of the German mark in recent months will place an
        Bloomberg Business News  -  377 words
      • Article
        Lock icon ICI surprises analysts with first-quarter profit jump
        221 25 Reuter LONDON Britain's largest chemicals firm. Imperial Chemical Industries pic, yesterday posted first-quarter profits that smashed market forecasts and sent its share price spiralling upwards. Profit before tax and exceptional items jumped to £221 million (***** million) for the quarter ended March 31
        Reuter  -  221 words
      • Article
        Lock icon US court says Murdoch can own both paper, TV station
        294 25 Los Angeles Times WASHINGTON In a victory for embattled media mogul Rupert Murdoch, a US federal appeals court has rejected a bid to block the licence renewal of Mr Murdoch's flagship New York TV station on the grounds that federal
        Los Angeles Times  -  294 words
    • FINANCE & COMMODITIES
      • Article
        More investors see S$ as safe haven
        422 26  -  From Florence Chong in SYDNEY SOUTH-HAST Asians arc looking to the Singapore dollar as a safe investment, but it is too early to say whether the currency will become internationalised like the yen, says a Hongkong economist. Jakob Lund, a Hongkongbased economist of
        422 words
      • SMALL CHANGE
        • Article
          Lock icon Manila cuts reserve requirement
          75 26 AFP MANILA The Philippine Monetary Board on Wednesday slashed the reserve requirement on bank deposits by two percentage points to 15 per cent to combat an upsurge in interest rates, the Central Bank said. The measure, to take effect on May 31, was designed "to ensure
          AFP  -  75 words
        • Article
          Lock icon Thai bank lending up 30%
          58 26 Reuter BANGKOK Commercial bank lending in Thailand grew to 3.624 trillion baht (SS2OS billion) in March, up an estimated 30 per cent from the same period last year, the Bank of Thailand said. Commercial bank deposits rose an estimated 15.4 per cent to 2.724 trillion
          Reuter  -  58 words
        • Article
          Lock icon Indon bank opens office in Sydney
          62 26 Bloomberg Business News SYDNEY Bank Internasional Indonesia opened a representative office in Sydney as part of international expansion. "This initiative is the first step in a long-term plan to develop either a merchant bank or a full branch operation in Australia and expand throughout
          Bloomberg Business News  -  62 words
        • Article
          Lock icon Change to Thai lending calculation
          86 26 Reuter BANGKOK Thailand's commercial banks can now base their minimum retail rate (MRR) on the cost of funds over one month, the Bank of Thailand (BOT) said. Previously, banks had to calculate their MRR. which is charged to smaller clients, based on the cost of
          Reuter  -  86 words
        • Article
          Lock icon Talks over long-term HK bond
          61 26 Bloomberg Business News HONGKONG The World Bank is in discussions with the Hongkong Monetary Authority about issuing a long-term bond, HKMA chief executive Joseph Yam said. "We have been lobbying the World Bank," he told the Bloomberg Forum, noting that the bond would serve "as
          Bloomberg Business News  -  61 words
      • Article, Illustration
        Lock icon Lloyd's may face dispute over its finances in US
        234 26 Reuter LONDON Lloyd's of London is embroiled in a battle over its finances with New York insurance regulators which could end in curbs being imposed on its US businesses, the Financial Times reported. The newspaper said yesterday that lawyers from Lloyd's
        Reuter  -  234 words
      • Article
        KFBC latest Korean bank to tap offshore market for funds
        242 26  -  By Quak Hiang Whai SINGAPORE Korean banking groups eontinued to flood the offshore capital market, with the Korean French Banking Corporation (KFBC) the latest to issue floating rate certificates of deposit (FRCD). KFBC plans to use the proceeds from the
        242 words
      • Article
        Futures rise after Russian gas line break
        307 26 Bloomberg ENERGY REPORT LONDON Oil futures were boosted amid concern about Russian supplies following an explosion and fire in a Siberian natural gas pipeline. The incident occurred 12.8 km from Ukhta, the capital of the Komi Autonomous Republic, which is about 990 km
        307 words
      • Article
        Lock icon Currency Reports: London
        198 26 Reuter LONDON The dollar swayed back and forth within narrow ranges in Europe as dealers waited for fresh impetus to drive the market. Short-covering and demand from various fund operators has kept the dollar afloat this week, hut buying interest has been limited. The dollar was unable
        Reuter  -  198 words
      • Article
        Lock icon First Chicago to charge customers for using human tellers
        257 26 NYT NEW YORK As part of the movement sweeping the banking industry to supplant branch workers with automated services. the lOth-largest US bank announced on Wednesday a broad-ranging plan to charge some customers up to US$3 (554.17) each time they use
        NYT  -  257 words
      • Article, Illustration
        Untitled
        1627 26 /rtfc/f neifhtrd inde\ cahiilalfj dfamsl S'porv\ top 14 iraJin* parlner\ Saw ynur /#S5 US$/S$ forward rates Noon /Apr 21 ss Bid Offtf 1 month I >875 ***** 2 month I 3829 ***** 3-month 1 3787 ***** 6-month 1.3645 1.3685 Sounr OC BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at
        1,627 words
      • Article
        Lock icon New York
        98 26 AFP NEW YORK The dollar was mixed against other major currencies here yesterday as traders awaited the publication today of the first estimate of US economic growth in the first three months of the year. At 1410 GMT. the dollar was quoted as trading at 1.3736 marks, up
        AFP  -  98 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollar end lower
        1309 27 StMEX REPORT~ Reuter SINGAPORE Simex Euroyen and Eurodollar futures were unchanged to slightly lower at the close. The uncertain tone the US dollar and the upcoming Golden Week holidays in Japan deterred trading interest, though the Euroyen was affected by the slightly stronger dollar in the
        Reuter  -  1,309 words
      • Article
        HK gold firms up despite late selling
        654 27 COMMODITY REPORTS Cold HONGKONG: Gold closed firmer yesterday on early shortcovering and bargain hunting despite late selling in a day of thin, two-way trading. Gold bullion ended at U*****.00/50 an ounce, up from New York's U*****.30/80 close on Wednesday and the local opening
        654 words
      • a
        • Article
          China's nonferrous metals prices up
          82 27 HONGKONG China's domestic nonferrous metals prices rose 44 per cent in March compared with the same month last year, the official China Business Daily reported this week. Prices rose a more modest 3.7 per cent in March from January, with the steady increase caused by
          82 words
        • Article
          India auctions 331 tonnes coffee
          94 27 BANGALORE, India The Indian Coffee Trade Association said it would offer 331 tonnes of coffee at its auction yesterday. The floor prices were to be announced at the start of the auction at around 1030 local time. This was the first auction after the government
          94 words
        • Article
          Lower margins for coffee futures
          69 27 NEW YORK The Coffee, Sugar and Cocoa Exchange was set to lower original margins for coffee futures from yesterday. Margins would drop to US$2,OOO (552,780) from U552,500 for all con tract months. The exchange also noted that unlimit ed month margins of US$7OO and US$5OO
          69 words
        • Article
          More tin, but at lower grade
          79 27 SYDNEY Australian miner Renison Goldfield? Consolidated Ltd yesterday said it produced 9.9 pei cent more tin concentrates from its Tasmania mintin the first three months of the year, but at a lower grade, resulting in less saleable material. Output o concentrates from the company's
          79 words
    • Article
      COMMODITY PRICES
      1513 27 SICOM Futures Rubber (future* doling a» at 5.30pw) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 95 244 00 500 jun 241 50 238.00 239.00 950 2825 Jul 234.50 230 00 233.50 300 1750 Aug 231.00 227.50 231.00 300 2150 Sep
      1,513 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1117 28 +23.1 SHARES rallied yesterday as bonds strengthened after the release of better-than-expccted underlying inflation data. the All Ordinaries Index closed at 2,032.4 points, up 23.1. The All Industrials rose 31.2 to 3.011.0 while the All Resources jumped 17.3 to 1,296.0. Turnover was 200.2 million shares worth A 5589.7 million.
        1,117 words
      • Article
        Manila
        591 28 -3.25 Share prices continued to mark time as a strong first quarter result of Philippine Long Distance Telephone (PLDT) failed to inspire the market. "People are still awaiting results of the election," said a trader, referring to the May 8 elections. The PSE Index shed 3.25 points to 2,470.98.
        591 words
      • Article
        Taipei
        576 28 163.3 Shares staged a comeback as bargain hunters actively bought at lows, with eight major categories of shares enjoying gains. The 321-issue Weighted Price Index gained 163.3 points, or 2.8 per cent, to finish at 5,898.53. Turnover was 951 million shares worth NT541.26 billion. The market opened higher, and
        576 words
      • Article
        Seoul
        449 28 13.15 Spurred by a set of market boosting measures announced by the government overnight, shares rebounded. The measures included the lowering of margin requirements and easing of credit for stock purchases. The Composite Index gained 13.15 points to 893.88. Turnover was 25.11 million shares worth 430.9 billion won. Rises
        449 words
      • Article
        New Zealand
        319 28 +0.49 Shares ended flat for the second straight day after a tame session, with Telecom the main standout as it rose two cents to a new high of NZ$6.2l. "I think people are just regrouping," said a trader. He said Telecom was still seen as an outstanding performer
        319 words
      • Article
        Bombay
        91 28 -54.08 Shares ended sharply lower as operators and funds sold blue chips heavily. The BSE 30-share Index dropped 54.08 points to end at 3,210.71 while the 100-share National Index shed 21.59 to 1,559.28. "About 40,000 to 50,000 shares of Reliance were sold by Calcutta operators. Speculators and funds in
        91 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        1062 28 Britannia Funds Sterling ash Bid <OT« Mim Cap 38 *400 3* 6500 Mim Jeno Gill 0IIM3 0 l«N2 Mim Mat Income «0<f|00 *0>»su0 tSS ash Income Plus Fund 10 2200 10 'N10 PS S Reverse Fund 5 4500 5 4«» Slerling Fquit> turn PcrtormjfKT 0 4W 0 49}* Far Fast
        1,062 words
      • Article
        London
        658 28 -8.6 STOCKS were mixed as concern interest rates will be raised next week offset surging profits at Imperial Chemical Industries, which initially propelled Britain's main stock index to an eight-month high. Chancellor Kenneth Clarke and Bank of England governor Eddie George are expected to raise rates to keep a
        658 words
      • Article
        Paris
        163 28 -11.36 French stocks fell, led by bank stocks, amid concern a US economic growth report Friday could lead to an other interest rate increase. The CAC-40 Index closed down 11.36 points at 1,930.96. Of CAC-40 stocks. 13 closed higher, 25 lower and two were unchanged. Volume was 4.35 billion
        163 words
      • Article
        Frankfurt
        202 28 -4.68 German stocks pared losses as Deutsche Bank led several blue chips higher, offsetting declines sparked by disappointing first-half earnings from Siemens AG. Ihe DAX Index of 30 leading stocks fell 4.68 points, to close the postbourse electronic trading session at 2,023.84. That's 2.24 points lower than the floor
        202 words
      • Article
        Brussels
        169 28 +2.99 Belgian stocks rose to a sev-en-month high, with a stronger dollar reducing concern about the earnings of companies with dollar sales. The Bel-20 Index gained 2.99 to 1.419.96 points, its highest close since Sep 16, it ruyched 1,422.95. It was the seventh day of gains for the index.
        169 words
      • Article
        Milan
        136 28 -1-124 Italian stocks rose for the second day, with the main index climbing to its highest since March 2, as a political truce following Sunday's regional elections brought foreign buyers into the market. The all-share Mibtel Index was up 124 points at 10,172. The index has risen 5 per
        136 words
      • Article
        Amsterdam
        261 28 1.75 Dutch stocks rose for a sixth session amid optimism over corporate earnings. Philips Electronics and Heineken led the market higher. The EOE Index rose 1.75 points to 415.54, an 11-week high. The index gained 2.8 per cent in the last six trading days. Some 17 million shares traded,
        261 words
      • Article
        Stockholm
        123 28 +5.01 Swedish stocks posted their seventh straight increase after record earnings from ball-bearing producer SKF AB confirmed hopes of a record earnings season this year. Better-than-expected trade figures and producer prices numbers added to the optimism, helping Swedish bonds higher. The OMX index of 30 leading stocks rose 5.01
        123 words
      • Article
        Zurich
        274 28 -7.4 Swiss stocks closed lower as losses in banking shares offset industrial gains and Roche Holding SA earnings contained few positive surprises. "The Roche earnings clearly were the centre of attention today," said a trader. "The market had anticipated much of the earnings rise already, though, and that's why
        274 words
      • Article
        Toronto
        290 28 -5.60 Stocks remained down at midday but dealers report a solid bid to the market regardless. "Toronto feels like it wants to go higher." said one dealer. "No-one's rushing in but it's holding steady." The TSE-300 Index was down 5.60 points at 4,277.32 in volume of 28.84 million shares
        290 words
      • Article
        New York
        857 28 -4.15 Stock prices recouped some of their initial losses in active trading early yesterday as the market continued the process of consolidating its recent gains. The Dow Jones Industrial Average, which inched down 0.34 point on Wednesday, was down 4.15 to 4.295.68 at 1 lam EDT. The key
        857 words
    • Article, Illustration
      Lock icon HONGKONG
      3003 29 Bloomberg Business News HONGKONG Stocks were mixed as reports that Chinese leader Deng Xiaoping was still alive calmed investors. The Hang Seng Index, which tumbled 2.6 per cent on Wednesday amid speculation that China was about to announce the death of the 90-year-old leader, wiped out an early decline
      Bloomberg Business News; Source: Bridge Info  -  3,003 words
    • Article, Illustration
      Lock icon CHINA
      592 29 CLSA IN Hongkong, the H share index slipped 1.48 points to 1,016.04 on turnover of HKSSS million. Trading activity was concentrated in Tsingtao, which finished 6 per cent lower following the announcement of a 42 per cent decline in profits. Turnover in Shanghai B shares was a mere US$2.l
      CLSA  -  592 words
    • Article, Illustration
      Lock icon TOKYO
      2486 29 Bloomberg Business News TOKYO Stocks were little changed as concern about car makers' earnings offset optimism about the dollar's rebound against the yen. A fall in car and utility company shares was counterbalanced by rising banking, chemical and oil shares. The Nikkei Average rose 57.50 points to 16,883.99. The
      Bloomberg Business News; Source: Bridge Info  -  2,486 words
    • Article, Illustration
      Lock icon BANGKOK
      1813 29 Reuter BANGKOK Stocks closed higher on active buying of issues of big finance companies in the afternoon. The SET Index finished 10.24 points higher at the day's high of 1,171.86. Turnover was 53.8 million shares worth 4.1 billion baht. Rises led falls 182 to 106 with 94 issues unchanged.
      Reuter; Source: Bridge Info  -  1,813 words
    • Article, Illustration
      Lock icon JAKARTA
      1164 29 Reuter JAKARTA Shares closed lower with active late buying failing to cover early losses due to heavy foreign selling following rumours in Hongkong over the health of President Suharto, brokers said. State Secretary Murdiono said that Mr Suharto was in good health and described the rumours as baseless. Losers
      Reuter; Source: Bridge Info  -  1,164 words
    • Article
      CLOB INTERNATIONAL
      2086 30 Gf Gr 1495 LaM Vol l>») l*<>« Quoit Dh I*» J'J* High Low (ompnn> Salt ("000) High Ij)» Buyer Seller Or H'l. 5*nll MALAYSIAN STOCKS A s '77.5: sssac 6 s %> s s 155 'm ra \tmMd 50c IS* 122 186 .83 IS i." .50 f li
      2,086 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks slide again on worries over rate rise
        6094 30 Bloomberg Business News KUALA LUMPUR Stocks fell for a second day on concern the government will raise interest rates following this week's general election. The KLSE Composite Index fell 16.19 points to 942.44, its lowest level since March 16. The Emas Index
        Bloomberg Business News; Source: Bridge Info  -  6,094 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7289 31 MAIN BOARD .5. Gr Gr M Wt m u* vj D., lj O5* ■>■• v £3P£" High Low CtMnpsa> Sale 0001 High Lo. B«>er Neller S C»f S P'E >«<l Pr** INDUSTRIAL AND COMMERCIAL 482 38* mt Aetna Mk 406 cd -16 64 420 406 418 420 22 5 2
        7,289 words
      • Article, Illustration
        Lock icon Share prices dip on margin calls, short-selling
        1864 32  -  By R Sivanithy SINGAPORE The local stock market entered its second day of post-Malaysian elections blues, with prices declining across-the-board amidst margin calls in Malaysia and talk of short-selling by US hedge funds. Among some of the concerns voiced by dealers was the
        Charts by Bridge Info; Source: Bloomberg  -  1,864 words
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      Page 21 Advertisements Column 1
      237 21 NEWS VALUE Office space prices turn soft after 15-month recovery (pg I) Shares of companies with substantial commercial properties have risen quite sharply in the past few months. Some correction can be expected. Seiyu expects Bugis Junction store to be profitable in 3 years (pg 2) Listed distributors and retailers
      237 words
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      Page 22 Advertisements Column 1
      343 22 PERDANA MERCHANT 1 BANKERS BERHAD In view of our rapid expansion and renewed focus on Corporate Advisory Services, we are seeking highly motivated and experienced Malaysian individuals to fill the following Senior Management positions: As Head of the Corporate Finance Department, the candidate must possess the requisite drive and experience
      343 words
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      124 22 f— 1 1|H Hi b J mvsxm. J i WmMsmlam txt m Wm Name tt q please charge my credit card rWionatirkn IR 14 fflfl fl? Designation 12 Q Q Q Majt#rCard Q y,^ Company Card Number A'"'"'* l Cardholder's Name tt £5: City/State/Province MF7 Cardholder's Signature Zip/Postal Code K
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      87 23 China II shares: investors getting too many nasty surprises. Page 21 Keyjriove to Suntec City. v sl f As from 2 May 1995, we will be relocating I our organisation a prestigious new address: V :X Suntec City. This a significant step forward which reflects our Jf jy in today's
      87 words
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      2248 24 B U S I N I I IVI IZ S —j i ~n IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF WILGROW INVESTMENTS PTE l-TD I Incorporated Id Singapore) (la Member*' VolanUry Winding Up) At an Extraordinary General Meeting of the Member* of the
      2,248 words
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      Page 24 Advertisements Column 2
      1238 24 FORM 69 (4) NOTICE OF DIVIDEND Name of Company Parsons Chemical Engineering (F.E.) Re Ltd On Liquidation) Address of Registered Office 95 South Bndge Road #09-00 Pidemco Centre Singapore 0105 Amount Per Centum 10% First and Final or Otherwise First Final Dividend When Payable 28 April 1995 Where Payable Office
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      240 25 SAfIYO -I# -U H s,» V grab* iHQ^l* V; X lit j4r£ T 1 /SA !i»v6lsMr. Daffixx J fcfc»l»,< l «<}»tnO*^.-»s l f.l> sr r)M3v Jt»*. J •>.'' -.t-•-•• vCW li'jiwi m g*t m<»k ,:.-«*<• hu j J J M t B«o»TA?>f»niMMon -*»r Bp -v-. s|SL i mMK m m
      240 words
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      Page 26 Advertisements Column 1
      204 26 irrr»a offshore l WVI COMPANY SPECIALISTS With a worldwide team of 125 multi-disciplined I professionals and a network of international offices, OCRA provides confidential and cost I effective company formation in all the major low tax areas including: H BRITISH VIRGIN ISLANDS BAHAMAS IRELAND B WESTERN SAMOA MAURITIUS JERSEY I
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      Page 26 Advertisements Column 2
      49 26 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because ot the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery s^jvtce.
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      384 27 BUSINESS T I M ES TOLL-FREE TEL. No. 1-80Q-741-1883 FAX 741-1298 NOTICE NOTICE IS HEREBY GIVEN that, I HOR KHIM THYE, of 71-C, West Coast Drive, Singapore 0512, have applied for a Public House, Second Class Licence in respect of premises at M/s Good Chance Pohpiah at 12, Aliwal Street
      384 words
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      Page 27 Advertisements Column 2
      20 27 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures Ae carried instead
      20 words
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      109 29 Collection Ato*«* Beyond Pto Lid t MantimrSquJfv M?2-Ml fefoGrtnvay Td Z72mM2 CoctiM W»M> C«*tr* PW Lid «01 L yy 36R»m»Gty9*i r p«*Cr«*»«Td XJWIBS. »1-31 Lucky PUm Td 235UWM M«uE*tmiWi»<»ri« W«l-I»/ C" "2DC«ntf«po*itTd *****V> )«w*tl«ry lndin«Ti«»eS> P»« Lld*4 AWxjndra Twroor |ISBWn<Off P«r Par(»»*K Rd)Td n>, '",/> 47V um Roy EMtatn Wild.
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      1081 32 B U S I NOTICE NOTICE IS HEREBY GIVEN that, I Sabariah Bte Kasbari of Blk 636 Pasir Ris Dr 1 #03-582 Singapore 1851, have applied for a Retail Liquor Shop Licence in respect of premises at M/s H Trading at Blk 5 Changi Village Rd #01-2053 Singapore 1750, and
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      Page 32 Advertisements Column 2
      372 32 NOTICE NOTICE IS HEREBY GIVEN that, I Low Suan Kui of 603, Clementi West Str. 1 #01-36 Singapore 0512, have applied for a Retail Beer Shop Licence in respect of premises at M/s Youhuat Fruits Provision Store at Blk 603, #01-36 Clementi West Str. 1 Singapore 0512, and that this
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon PSA restructures Portnet charges from Oct 1
      364 33  -  By Alec Almazan SINGAPORE From Oct 1, Portnet subscribers will have to pay revised rates to use the Port of Singapore Authority's (PSA) on-line shipping information and document processing system. At present, PSA charges 36 cents for peak-hour transactions and 10 cents for
      Photo by Arthur Lee  -  364 words
    • Article
      Lock icon Tanker rates still weak despite active trading
      291 33 Knight-Ridder LONDON Despite a healthy supply of concluded business, brokers said, tanker rates remained unchanged and decidedly weak in the middle of this week. In the Persian Gulf and Red Sea, the Kuwait Petroleum Corp fixed the Argo Pallas for a May 16-17,
      Knight-Ridder  -  291 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1029 33 Page Col ABC Conlainerline 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlcrs Line 12 1 •Ahrenkiel Liner 4 1/2 •ANL 3 4/5 Antaco Mgmt 17 3 •APL 18 1/2 •Appenship 4 4/5 Arabian Express 15 4 •ASCL 5 5 Astro
      1,029 words
    • Article
      Lock icon Johor Port expects another year of healthy container growth
      443 33 MBT KUALA LUMPUR Johor Port Sdn Bhd is confident of another year of healthy growth in container-handling based on the encouraging trend to date. For the first quarter of this year, the port handled 67,271 TEUs (20-ft equivalent units), an unprecedented
      MBT  -  443 words
    • Article
      Lock icon Firmer bulk freight rates seen continuing till year end
      376 33 Knight-Ridder LONDON Firmer freight rates were likely to continue until the end of year, with the possibility of the current levels carrying over into next year, SSY Research Service's Philip Rogers of told the first LSE International Dry Bulk Carrier Conference
      Knight-Ridder  -  376 words
    • Article
      Lock icon China to remain big dry bulk market player
      256 33 Reuter LONDON China would continue to play an important role in the dry bulk market beyond the turn of the century, an Australian freight market analyst said on Tuesday. "China's imports and exports of steel, iron ore, coal and grain will grow
      Reuter  -  256 words
    • Article
      Lock icon Exxon loses appeal in US$16m lawsuit over oil spill
      197 33 Bloomberg Business News SAN FRANCISCO Exxon Corp has lost an appeal in its US$l6 million (5522.4 million) lawsuit against a Hawaiian refinery where an Exxon tanker broke away from a mooring and ran aground six years ago. The tanker spilled more
      Bloomberg Business News  -  197 words
    • Article
      Lock icon China may back proposed Taiwan offshore shipping centres
      165 33 Reuter TAIPEI China would conditionally support Taiwan's proposed establishment of "offshore" shipping centres, the Commercial Times newspaper reported recently from Beijing. The report quoted Li Jien, secretary-general of China's Marine Exchange Association, as saying that China would "conditionally" support the offshore shipping
      Reuter  -  165 words
    • Article
      DAILY FREIGHTS
      2273 34 DEMAND tor panama.x vessels lias continued to dominate freight market activity in most areas although other types of tonnage are experiencing mixed fortunes. Early capers worldwide and prompt geared hulkcarriers in the Plate and in the Ear East are easier. Even so the Baltic Freight Index (Bl 1)
      2,273 words
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      Lock icon Rough seas ahead but P&O is keeping calm
      709 35  -  Britain's famous shipping line is determined to win its battle with Eurotunnel for customers crossing the English Channel. Patrick Lannin reports on how the ferries are shaping up Patrick Lannin Reuter THE seas of competition are turning rougher for Britain's leading crosschannel
      Reuter  -  709 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      15676 42 This is a list of ships loading at Dn Singapore for ports around the world. It tabulates, by destination. j£j the name of the ship, the shipping Ev line involved and the estimated ca dates of arrival and departure from Sir the Port of
      15,676 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        651 45 Vessel <oy Ho Berth Arrival Departure Vessel Voy Wo Berth Arrival Departure Jurong Port Batam Speed* ****** POIA 2030 Caltw E»celence 118 112 atoi*side 28 04 0500 Batam SpeedS ****** POIA 27.04/2030 2/04/2230 Hety 04 08 95 II atones** 2804 0300 Batam Speed5 ****** P01A 28.04/2200 a
        651 words
      • Article
        CONTAINER SCHEDULES
        2036 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Book in j/Balance Rslts Ship Voy No Etb/Btr Period From To From to lad. 2358 ?8.1900 IB 2/ 1500 27/1659 21 1900 to uo, 236A 30/0/00 I* 2//1500 27/1669 2M900 4
        2,036 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon World's airlines post profit in 1994 after 4 years of losses
        466 52 Reuter GENEVA World airlines in 1994 made their first profit in five years on global routes and look headed for an even better result in 1995, the International Air Traffic Association (lata) reported on Wednesday. lata said that the
        Reuter  -  466 words
      • Article, Illustration
        Lock icon The brains behind Burlington
        55 52 Business Wire FORT WORTH, Texas Burlington Northern Railroad's (BN) state-of-the-art network operations centre j jusi ixi its official opening on Tuesday. The system consolidates into one location the train and network management funclions for SS fn°"r e This nerve centre" manages 500-«0« trains a day over
        Business Wire  -  55 words
      • Article
        Lock icon Indian deputies rap foreign airline tie-up plans
        217 52 Reuter NEW DELHI A committee of India's parliamentary deputies criticised proposed joint ventures by foreign airlines, saying that if approved they would hurt the country's own airlines. A parliamentary committee on transport and tourism said that while it wanted free competition among Indian
        Reuter  -  217 words
      • Article
        Lock icon Foreign firms keen to build first railway on Mindanao
        233 52 Reuter MANILA Four foreign firms have expressed interest in building the first railway line on the southern Philippine island of Mindanao, Transportation Secretary Jesus Garcia said on Wednesday. He said in an interview that Spain's Construcciones y Auxiliar de Ferrocarriles SA
        Reuter  -  233 words
      • Article
        Lock icon Taiwan flag carrier makes historic landing in N Korea
        176 52 Reuter TAIPEI Taiwan's flag carrier China Airlines (CAL) on Wednesday made a historic flight to Pyongyang, marking the first time a Taiwanese airline has ever landed in a communist country. The Boeing 747-SP airliner, carrying 226 passengers, arrived in the North
        Reuter  -  176 words
      • Article
        Lock icon Analysts divided on CNAC getting HK air services nod
        287 52 Reuter HONGKONG Aviation analysts are divided on the likelihood of state-owned China National Aviation Corp receiving permission to run scheduled air services from Hongkong and the impact on* Cathay Pacific Airways Ltd and Dragonair. One analyst at an East Asian research
        Reuter  -  287 words
      • Article
        Lock icon Protesters want JAL to pull out of Hawaiian golf resort project
        342 52 UPI TOKYO A group from Hawaii and the Global Anti-Golf Movement called on Wednesday for a boycott of Japan Airlines (JAL) until the company withdraws from a Hawaiian development project. The alliance said that the development of 730 homes,
        UPI  -  342 words
      • LOG BOOK
        • Article
          Lock icon India's Airfreight to build DHL hubs
          93 52 Reuter NEW DELHI India's Airfreight Ltd, which operates nationwide courier and logistical services for DHL Worldwide Express, w ill spend some 7.5 billion rupees (*****.5 million) as part of a plan to build five sorting hubs. Chairman Cyrus Guzder said on Wednesday that the
          Reuter  -  93 words
        • Article
          Lock icon Cathay, CAL may extend air pact
          100 52 Bloomberg Business News HONGKONG Cathay Pacific Airways and China Airlines were expected to sign a temporary agreement which would let them keep operating between Hongkong and Taiwan after their present formal operating agreement expired on Sunday, the Asian llall Street Journal reported yesterday. Talks
          Bloomberg Business News  -  100 words
        • Article
          Lock icon Kia to open China car-parts firm
          93 52 Reuter SEOUL Kia Motors Corp and Kia Service Co Ltd of South Korea would launch a new wholly-owned company in China handling car-parts sales and atter-sales service, a Kia Motors spokesman said on Wednesday. Ihe two companies will invest a total of two billion
          Reuter  -  93 words
        • Article
          Lock icon Air India eyes Cochin airport stake
          90 52 Reuter BOMBAY India's international carrier Air India plans to take a 26 per cent stake in a private airport to be built in Cochin city in Kerala state, the hconotnic litnes newspaper reported yesterday. The Cochin International Airport Ltd (CIAL) will be one of
          Reuter  -  90 words
        • Article
          Lock icon Daewoo union goes on strike
          89 52 AFP SEOUL The labour union of Daewoo Motors Co, South Korea's third largest car producer, has gone on partial strike after seven months of labour negotiations broke down. A strike vote yesterday was supported by 7.995 workers, 78.2 per cent of union members at Daewoo's
          AFP  -  89 words
      • Article
        Lock icon Aussie trade body to clear Qantas-BA deal on route-sharing: paper
        215 52 Reuter CANBERRA Australia's anti-monopolies body, the Trade Practices Commission (TPC), is set to clear the routesharing plan by Qantas Airways Ltd and British Airways pic. The Australian Financial Review newspaper said yesterday. "It is understood a detailed agreement on the
        Reuter  -  215 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1791 52 otj nm n> fhm n»_ 05 H* 5®* HL Abu Dhabi GA970 2035 Hiroshima SQ977 1655 SQ978 0130 SiliSJ! SO227 2230 He Chi Win* Ctty VN741 1310 SQ172 1000 Amsterdam KL837 1450 SQ844 0040 SQ171 1445 VN740 1410 SQ327 1550 GA890 0205 GA839 2120 GA838 610
        1,791 words
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      36 33 I WEEKLY LCL TO: H Algeciras Las palmas Barcelona Madrid Bilbao Tenerife Ceuta Valencia Rough seas ahead but P&O is keeping calm, Pg 3 Airlines post profit in 1994 after four years of losses, Back Pg
      36 words
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      Page 33 Advertisements Column 2
      28 33 Line* and services represented by Members of the Registry of Accredited S hQWM Shipping Agents, Singapore National Shipping Association. Xj*/ For advertising enquiries, contact Shipping Times: Tel 740-2089
      28 words
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      Page 33 Advertisements Column 3
      43 33 The Art of making money is first having ,he Craft SHIP FINANCING CALL US AT 2230 3 5 5 MAK I N IT WITN TOD ODIiS FINANCE AD-LIB Candid views from people in the news. Conversations At Raffles. Every Other Saturday. BusinessEmes tfWMI
      43 words
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      1713 34 I OTHER DESTINATIONS 1 I NORTH AMERICA 1 *b4RgCT CALL TO WEST COAST (SCX) H WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) j SINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) ~j «sgi Ivor Istok u qm m|» w JiSnw] chk ny uraco Iwr I g lioHfTounatJ khj»l »wemw|rT c*dem|mii lmbbo
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      Page 34 Advertisements Column 2
      333 34 CONVENTIONAL INDONESIA SERVICE VESSEL ETA ETD DESTINATION CHAHAYA SEJATI 28/4 2ft4 SEMARANG JAKARTA SAN WALIE 30/4 2/5 JAKARTA SURABAYA KURNIA SEJATI 4/5 5/5 JAKARTA SURABAYA PADANG WALIE QUA 3/5 4/5 JAKARTA. FULL CONTAINER SERVICE SINGAPORE TO JAKARTA VESSEL VOY STONE LOADING PONT CARAKA JN 319 SJ49 26,4 JAKARTA (twttwgHWl) CARAKA
      333 words
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      789 35 I UASC SHIPPINGCO (SAG) IMUWHCIIM M2M2.*****«2»2»2«2M ntuwcugf »a» TSmSSSS .S US M I l"!!Bm32" n M M M 7» MScmT ffi H h MBRmw m m 1M W!Tm!sciiS Ss 1M m 12/1 1a m wff 14/1 ii» albwacww nil m isff |alh>aaciibw I 21/5 3ff i7ff ll !ff^ e !SWrJP
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      Page 35 Advertisements Column 2
      604 35 ANL ANL. IT'S AUSTRALIAN FOR SHIPPING OTSttUVOT *T MO MP Ml SVO Ml IW HOI «llfl/VOY IW ITO MCI lUR HOI JIT I I6P IPM A. AUSTRALIA 111 I7M turn MM DtSCOVFAY Mr SMJ IW MM I t MTUMTHHi MM IMI IW 74M IV* MM MM A AUSTRALIA IM MM
      604 words
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      1505 36 VQT SIHGAPOBt JtOOAH AQABA" SOOTXAMPTOW HAMBUBG »OnttDAM AN WW Lt HAVKf WW 11/31 > 21/4 l/s IS/S m 211 12Z5 Wi— mtm oa/n/ 4/s m m w w Rsaumss 11/317 t/s ivs n/s 30/5 w/s h/s a/s 31/s WWtVtfeA ~wnr~ 17/S M/S 31/S W/S 30/S HOKKTaWKS 70/311 IVS nj S
      1,505 words
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      Page 36 Advertisements Column 2
      609 36 V S pore P Ketang Loading lor 1 I BALABAN 1 2/5 5/5 FVkn/Atv»/UK,Nar>tes I I* LoadsEAV Malaysia. Indonesia I Loading lor I I ADEUNA Dubai/Damman/Kuwait 1 NAZUK Jeddah/Port Satd I I SAMMI FRONTIER Dubai/DarmiarVKuwait/Bahrain/Doha I I 'Loads Sngapore, EVW. Malaysia. Indonesia I |i|l Loading for I I SAMMI FORTUNE
      609 words
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      Page 36 Advertisements Column 3
      1388 36 NORASIAI VSL/VOY SIN ALG BCL VALHAMB^RO^M^F^LHI^ NOR HONGKONG #517 J 034)5 2205 2605 2705 2705 28.05 2805 2105 2905 30.05 1 NOR SHAAJAH 9518 3 10 05 29 06 0206 0306 0206 03/06 03.06 0494 05,06 K« I SI MOTIVATOR 519*1 20 05 09,06 124)6 1306 1106 15,06 15.06 16.06
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      Page 37 Advertisements Column 1
      1126 37 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road *11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line jg&kgD (A service of china navigation co) ACCEPTS \M vSvfT CARGO OOE SAILS tsisr V C JMA6AM-30 V9611E Muara. Lad. KK 28 29Apr 01 *Uy 02 May cOMTWNBI
      1,126 words
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      Page 37 Advertisements Column 2
      2127 37 0 Singapore Agent: vltfyite P&O Containers (Singapore Agencies) Pte Ltd A M I%*M 0 10 Hoi- Chiang Koad. *07-01 Kcppel Towers,. Singapore 0208 First Class Connections WORLDWIDE PM>CS F 75 export import ■SufacßAv &iss sa aXL 5g sss r E «."r I~ETas~ i: |i 1§ MAERSK ALGECIRAS 9506 29/04 30/04
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      Page 37 Advertisements Column 3
      508 37 OUTBOUND PKL PEN JOH SIN HKG KAO TAI KEE YOK TKY NAC KOI OS* _W»_ WAN HAI 212 *627 23/64 2404 2W 27-2604 IMB 1W 6506 6706 l*^ 6 WAN HAI 223 K612 2504 *m_ 2604 2*3004 >M 8 QMS BiC 0605 1406 1506 IMB J2o6_ ALEXANDRIA ***** 36-1105 0206
      508 words
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      Page 38 Advertisements Column 1
      464 38 SEAWARD SHIPPING AND I T TRADING CO (S) PTE LTD I ETA ETA ETA I SPORE PORT KEIANG PENANG BLUE JAOC 12/5 I(VS U Loading fcx Male I J mUVM HUOHU I Loading tor Japanese Ports I PIONEER SUPREME 86 I Loading tor Male I UMMEEDH 26 I Loading tor
      464 words
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      Page 38 Advertisements Column 2
      1256 38 HANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VSL nsn UNE HAUL SEA YVR POX FOR WSL SIN LINE HAUL SAV ILM NYC HANJN SEATTLE 037E 27/4 DIRECT 18/5 145 205 IRENES HORIZON 001E 28/4 M EUROPE OIK 1* 2* 4A HANJIN FELIXSTOWE
      1,256 words
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      Page 38 Advertisements Column 3
      1111 38 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA 9 $GP ROM H6G THP ANW LHV LHV ANW THP H6G RDM PKL SGP |l I GOODS RW-047 02* 27* 24,5 215 28* I GENIUS RE-065 5/4 6 4 7/4 MM- J/5 H E GENERAL RW 041 6/5 30/5 27/5 2M I. GATHER RE Ml 17/4 12/4 14/4 1M
      1,111 words
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      Page 39 Advertisements Column 1
      2446 39 EXPRESS TO FELIXSTOWE, ROTTERDAM AND HAMBURG Sl*&i»*r§ t Smtnl Aunts T§l (Gißtrsl): CO STAR SHIPPING PTE LTD KlM?,'"' SETES? SZZJZ*™?* MS tMf Ttmtr t ucn ccsu jon OKI Off ICC f" ftSSHS f siiwttim gst ao mt ttum x costar *cmcifs in) son ihd HI: 07 3S3IISt/If7 Fit: IT 3SJSITI
      2,446 words
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      Page 39 Advertisements Column 2
      675 39 (jt FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 "Sr HOT UNE; *****33 (30 UNES) GOTHENBURG/SCAN 01/05 ROTTERDAM 29/0411 AARHUS/COPENHAGEN 01/05 HAMBURG/BREMEN 01/05 MARSEILLE/FRANCE 06/05 FELIXSTOWE/UK 01/05 BARCELONA/SPAIN 03/05 LEHAVRE/FRANCE 01/05 GENOA/ITALY 01/05 ANTWERP/BELGIUM 01/05 LOS ANGELES/WC/IPI 04/05 SYDNEY/MELBOURNE 29/04 NEW YORK/EC 04/05 FREMANTLE/ADELAIOE 02/05 VANCOUVER 05/05 BRISBANE 29/04
      675 words
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      Page 40 Advertisements Column 1
      1123 40 11 VOY SIN JKT VESSEL VOY SIN PEN HIJ 1 VIRA BHUM 130S Thu INPT Sun 30/4 BUNGA SEROJA ~5067 30/4 Tu. 2/5~ BD vessel TvOY SIN BKK I VIRA BHUM 131 Sun _30/4 W*d 3/5_ THANA BHUM 119N Tim 2/5 W.d 3/5 MAHABHUM 225N Thu lln Pt Son I
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      Page 40 Advertisements Column 2
      953 40 79 ANSON ROAD. >21-01, SINGAPORE 0207 TEL: *****92 FAX: *****57 CR **********0^ STRAITS SHUTTLE SERVICE PORT KLANG PEWANG VESSEL I VOY I SIM PKL VESSEL VOY SIN PEW SEA LAUREL 382N 274 (THU) 2&4 (FRI) MCC CONVEYOR 5025 3Q4 (SUNi 02.6 |TUE) EAGLE BREEZE 201 A 27/4 (THU) 29>4(SAT) XOUR
      953 words
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      Page 41 Advertisements Column 1
      854 41 PACIFIC INTERNATIONAL UNES (PTE) LTD J I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO **********(36 VOY SIN C«m JIB MOO JBD AOJ AM PZU MBW ASA KOTA 30/4 4/8 0/8 11/8 14/8 18/8 17/8 H/8 w BNNI7B 8/8 13/8 18/8 21/8 88/8 88/8 87/8 1/8 28/8
      854 words
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      Page 41 Advertisements Column 2
      819 41 ICR NO: **********0Z [VESSELS I VQY ISN "I LE HAVRE HAMBURG THAMES ROTTERDAM ANTWERP VK-LEDELYRA YOBW 02/06 22/06 24/06 26/06 Z7/06 28/06 VILL£D6VB> gg 3(v06 qi/06 oa/w BALTIC SKOU TO9W 17/06 17/OC VILLE BE LIBRA LO9W 23/06 IMt IVD6 17/08 Ta« I*o6 ALSO ACCEPTING CARGO TO ALL U. K DESTINATIONS
      819 words
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      Page 41 Advertisements Column 3
      621 41 rTßs^jT MYANMA FIVE STAR LINE r (Myanmar National Line) w Loading for Yangon (Rangoon) S pore PKlg Pen P Gdg PAGAN V2I9W SLD BAGO V 45 30/04 PAGAN V22OW 15/05 MALAYSIA AGENTS: BOUSTEAO SHIPPING AGENCIES KUL TEL 02-03 *****00 PKL TEL 02-83-*****01 PEN TEL 02 04-*****02 PGO TEL 0247-*****21/4 NIGERIAN
      621 words
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      Page 44 Advertisements Column 1
      517 44 TEL: *****33 (12 UNES) I FAX: *****18/*****03 I TELEX: RS 3M83 MSMP (3 Unaal I CR NO: **********0E I m\ ETHIOPIAN SHIPPING UNES f (Natioaai Um> ol EiUopfai) ACCEPTING FCL AND CONVENTIONAL V Voy ETA Loading for «pow I Abbay Wonz 44W8 27A» I Andfciat 40WB 20W I H HEN
      517 words
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      Page 44 Advertisements Column 2
      549 44 HF| HHHH AFGHANISTAN M&M Afghanistan Ltd., ■kJH Hairatan, Torghundi, Islamqala (Doqharun) ■Wee* ■We C.1.5./RUSSIA: AJma Ata, Ashkhabad. Baku. Dushanbe. I .u, Irkutsk. Khabarovsk. Krasnoyarsk. Korsakov. Moscow Mllltzer MunCn t Novosobirsk. Sochi. Tashkent. Tbilisi. Vladivostok. Vostochny InternatK?nal Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE T0 WEBT COAST
      549 words
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      Page 44 Advertisements Column 3
      337 44 |*Afl MN CONTAINER LINES, INC Agents: MAC-NELS tPSRt: *****22 (24 UHES) 1 -Nt\ J ORNOi IMOC7aOOOM SBU (064) >***** KUCHX0(C0)*****3 PENANG: (04) *****6 BANGKOK (66Z) *****57 MANLA (832) *****61 P. KELAMQ: (03) *****77 JAKARTA; (21)*****07 SURABAYA: (31) W660 I ASIA HKG/TWN/BKKI GENOA/EUROPE I Si fjjf, GbunjAMiagen/S'holm/Osk) 4/5 5/5 6/5 28/4
      337 words
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      Page 45 Advertisements Column 1
      382 45 f AD SINO EXPRESS SHIPPING (PTE) LTD. MM I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE 0104. > m TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI ■W STORE HKQ SHAI VESSEL VOY ETA I ETP ETA I ETD ETA ETP LATMOS 9553/9534 28/5
      382 words
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      Page 45 Advertisements Column 2
      1080 45 Una go* pilmm pbmmb md tm m to U BH BSL_ «a EU m—m—.BOM— jam HO—no ma —at -an_ NO HONSHU Mi MM 27* MM* RH MM MM 17* MM Si HDNOMHM2MR MM* 8M MM 82 05 MR MWMMKK 1W MM MM* 27 M* MM IRM 11i MM MS LA
      1,080 words
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      Page 46 Advertisements Column 1
      1766 46 uamsnmrn MAERSK LINE YOUR GLOBAL CONNECTION RELIABLE PARTNER Vessel Voy ETA I ETP I 1 DESTINATIONS Next We«* PANAMA Next Week 61H STRING MAYVEW MAERSK V 9504 MAERSK V 9508 ■0^ CY 1/5 1300 HHS CY 4/5 1200 MRS ATL BAI CHS CL2 IGB MEM MIA NYC OAK PHL IQQ
      1,766 words
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      Page 46 Advertisements Column 2
      727 46 Lloyd I FULL CONTAINER SERVICES csTlwrn mwi /'m ">'» 11 ot ,s n<n ,n i •>>' ««ii ii <> i" 1 :us ii ,'iot I C» IHANLt t»VI J4 •>'* rt 0» Iw IN "1 -I<| Oi I 0 Ml* «c 4 <■' I >1 M ••> it I MMKO
      727 words
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      Page 46 Advertisements Column 3
      802 46 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPORE P KELANG HALIFAX N YORK NORFOLK N ORLEANS SAVANNAH TAMPICO HOUSTON HOEGH DRAKE 0430 12/13 May 6 MayC) 20 Jun 23 Jun 26 Jtin 3 Jul 29 Jun 7 Jul 12 Jul HOEGHOYKE 0630 24 25 May 18 MayC) 7
      802 words
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      Page 47 Advertisements Column 1
      952 47 M ACCEPTING RORO I I TO I SOUTH AMKRICA I Container ***** Break Bulk Sarvlce I B-'ILMJ.I.D-ll.'fJMimiLlllllJ mm mmi/A/£s rTimwiiii-tiii-tiii win SERVICE: SGP/S.E. ASIA PANAMA/NORTH AMERICA (INCL HOU*) r»a nFTTf —I for I si* I IK I —it I I uA» I <*i |*A|UV|iM|in<|o»|Mrr| nu m nUNIUM H/4 JO/4 VIA
      952 words
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      Page 47 Advertisements Column 2
      543 47 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A OONPMNER SERVICE mm WT m xmcw hydcrasao nnm tw mm isuhmbao nmw ii/« nm mtflOHA HHW M/W gjj HB-BW 11/W m mjo accwtm cmmh to mm FAQ EAST CONTAINER SERVICE ONLY 8K I wW 1 iis I hkc 1 ssm I osa I
      543 words
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      Page 47 Advertisements Column 3
      681 47 lOluailiMMlM PULL COI^AMa^MVIC^MS^I^^SADIIA^^ VtSSE L/VOY ETA SIN CTA MAA MV MUVDVtSK *17 IN PONT 02-0 M» MV TIQCR ISLAND V 32SN IN PORT OJ-07/OS MV BUNOA TERATAJ V TERO37 2«-3<VO4 05-06 AW MV TKttR BRIOOt V 3J6N 01-02WJ 07-1«0S MV PCSTOVO Vl4 03-03A6 o*o*o6 MV. TtQER MV V.S27N 04-OM)S 10-11
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      Page 47 Advertisements Column 4
      311 47 i^OBSB SIM EAR EASI 2/5 KEELUNG/KAOHSIUNG 1/5 BANGKOK 1/5 MANILA/CEBU 2/5 JAKARTA/BELAWAN/SURABAYA 2/5 PORT KELANG/PENANG/E. MALAYSIA 1/5 BUSAN 30/4 TOKYO/YOKO/KOBE/NGO/OSA 30/4 HONG KONG SIM CHINA (+BS£»*n) 30/4 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XING ANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo m EUROPE/UK 2/5 LDN/FLX/LVP/SOU 2/5 ROM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. m USA/CANADA
      311 words
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      Page 48 Advertisements Column 1
      673 48 STAR SHIPPING AGENCIES (S) PTE LTD I MitMTS FOR: DM CONTAINER SERVICE GOLD STAR LINE LTD SIW SHIPPING CORPORATION WIPHONE: 220-6466 (8 LINES) PAX; *****70 T<fc *****12 (MARKETING) (C* MO. **********0-t) It AMERICA/CARIBBEAN SERVICES "wot ivwim —rwotliM Ikt imy lit linZ IW ~Ji7rrSsss a ii/» i*/* i 4/» i*/* u/4
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      Page 48 Advertisements Column 2
      336 48 9 Singapore Soviet Shipping I[\ Co. Pte. Ltd. j CR NO: **********0N BOMBAY/COCHIN I VESSEL VOY nUTI SEA OLOftY OUW4I THOA 07/06 KOTA MUTIAIU MLTTO27 07/06 I*^o6 MAMAftLU 512 19/06 21/06 M KUfUKO MKO4M 17/06 31/06 SEA QLOAY GLRO43 23/06 01W> HOCHIMINH/HAIPHONG I VESSEL VOY »N MCM MPM HAUGIANO A
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      Page 48 Advertisements Column 3
      116 48 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 4 MAY (Accepting to an N*w Zealand ports) PENANG 5 MAY JAKARTA 2 MAY PORTKLANG 4 MAY BANGKOK 30 APR MAMA 30 APR KEEUMG 5 MAY MELBOURNE 4 MAY SYDNEY 4 MAY BRISBANE 11 MAY FRBNANTLE 4/5 APR ADELAIDE 4/5 APR 'ACCEFTIIG
      116 words
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      Page 48 Advertisements Column 4
      557 48 CONSOLIDATION TO LIMASSOL T 4J S£5r ACCEPTING LCL CARGO AT '"SJ'SEJSE ATTRACTIVE RATES """""Th irußhip™.! to Beinil, Lattakia via Limavsol .yy Call Te at DID 277 1064 (((g) j) X; for bookings NOW!!! I W' C^jl Tcl Fa WTERNATX3NAL SEA FREIGHT Singapore 561 1668 272 9838 FORWAROMG AND LOGISTICS SERVICES
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      Page 49 Advertisements Column 1
      1798 49 SUNSHIP AGENCIES PTE LTD 2 20 McCallum Street *16 01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R Y.S.N. LlTir— 1111 m V*t»el Voy Singapore P. Kelang Penang Diamond Star 1 29-30/4 8-6/5 7-«/5 Sp'cj 70 SAILED 2-2/8 3-4/5 SUr Ruby g 6-7/8
      1,798 words
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      Page 49 Advertisements Column 2
      376 49 (A WHOIIY-OWMED SUBSIDIARY Of MOt) Official Agent of: S62DnQE6 (SEA AIRFREIGHT) T«an«po#it omwi O INTERNATIONALE SPECMTION MAIN LINE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETA ETA COLOMBO 01/05 01/05 CHITTAGONG 04/05 12/05 CALCUTTA 02/05 08/05 BOMBAY/NEW DELHI 01/05 08/05 KARACHI 01/05 08/05 MADRAS 01/05 04/05 USA/EUROPE ETD ETA USA
      376 words
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      Page 49 Advertisements Column 3
      783 49 I NEPTUNE ALEXANDRITE 13W ETA SGP 06/05/95 1 I MfOfc I ETA RDM 22/05/95. FLX 24/05/95. I I BRE 25/05/95. LEH 27/05/95 J EXPORT 1 SINGAPORE CALIFORNIA EXPRESS (SCX) TOi U»WC CANADA VtSSCL SOP LOS OAK VAN i£T ATL CCC HOU PLP TOW MOW J CALIFORNIA PEGASUS 30 03' OS
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      Page 50 Advertisements Column 1
      1697 50 AMERICAN PRESIDENT LINES, LTD. 19 KEPPEI ROAD *02 01 JIT POH BPILOiNC. SINGAPORE 0208 MAIN LINE *****66 CUSTOMER SERVICE J2VI22S FAX *922 EAGIE VOCF 3219 4«8 CFS 270 TTO NORTH AMERICA CANADA WEEKLY CONTAINERIZED SERVICE RtSStLVOT'Gt 1 PtN IPKI Mfl h" I s I|«S«UVOYWSt Isa I SFt OAK WW CHI
      1,697 words
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      Page 50 Advertisements Column 2
      1925 50 AS AGENTS: "I" LINE (SINGAPORE) PTI LTD (CR NO: **********1M/GST REG NO: M 2-*****99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 Ml* MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON INO I u TEL. SA *****00 PK *****75 PEN *****20 J0 *****01 PGU *****25/6 1 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL: JKT *****08
      1,925 words
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      Page 50 Advertisements Column 3
      522 50 ISLAND LINE PTE LTD Subsidiary ot Hal Sun Hup Group 200 CANTONMENT ROAD #02-11 SOOTHPOINT TEL: *****57 FAX: *****04 TLX: RS ***** A RS ***** INTRA-ASIA CONTAINER SERVICE WEEKLY SERVICE TO INDONESIA Z VtmL T tQI T~ JUT Vttwi I VOY I WW I WW I I 'N* V9SQI9S T
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      Page 51 Advertisements Column 1
      489 51 ▲HYUNDAI WESTBOUND TO EUROPE BKG: *****61 "ptw PKE PGD VESSELS VOY S« RTM ANT LEH HAM BREJ FEL "26/04 28/04 29/04~ H. PIONEER 314* 01/05 19/05 21/05 19/05 21/05 21/05 23/05 03/05 05/05 06/05 SI FREEDOM 316W 08/05 26/05 28/05 26/05 28/05 28/05 30/05 10/05 12/05 13/05 H. FRONTIER 316W
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      Page 51 Advertisements Column 2
      407 51 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE I RORO CARRIER SPECIALIZE IN HEAVY UFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS EH IriA r VESSEL _VOY «N PJ LOAOWG FOR BRIGHT VEGA 146 SIO M fT MUARA 2/5 FORTUNE EPOCH 1 27/4 30 4 APPIAUSE 30/4 2/5 ABIE BRIGADES 1
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      Page 51 Advertisements Column 3
      596 51 JEDDAH/UK/CONTNENT I STORE CD 10AM HBUR6 BW S TON LEH Abe Acceptnf C* t o For THAMS 3175 1/5 U/5 25/5 24/5 21/5 22/5 Southampton to AUK tfnhnakon. Mint aid OuMn LA LOK 1175 5/5 21/5 23/5 25/5 27/5 Rotterdam to 4 Antwerp Amsterdam. Olio. Htferiu ELBE 3115 1/5 11/5
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  • Page 51 Miscellaneous
    • Miscellaneous
      Page 51 Miscellaneous Column 1
      314 51 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.4 2.0 14 10 0 7 0.6 0 7 0 9 1.5 2.1 2.5 2 6 2 5 2.1 1.6
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