The Business Times, 12 May 1995

Total Pages: 48
1 48 The Business Times
  • 14 1 SINGAPORE Business Times MITA(P) 194/12/94 Friday May 12 1995 WE KNOW ASIA 85 C
    14 words
  • 2am LATEST
    • 51 1 Reuter NEW YORK Blue chip stocks lost modest ground yesterday in a market analysts said was running out of resources to keep it higher. At Ipm EDT, the Dow Jones Industrial Average was ofT 3.46 points at 4,401.16, retreating slightly from Wednesday's record closing high of
      Reuter  -  51 words
    • 41 1 AP UNITED NATIONS A global confcrencc yesterday decided to extend the Non-Pro-lifcration Treaty indefinitely, perpetuating a system in which only five declared nuclear powers the US, Russia, China, France and Britain can legitimately possess nuclear weapons. AP
      AP  -  41 words
  • 170 1 Stock market indices Thursday Change STII 2.164.60 +72.7 KLSEComp 1.000.53 +49.17 Nikkei 16.461.73 -364.76 Hang Seng 9.025.66 +228.78 SET Index 1.345.55 +24.29 Jakarta Comp 459.55 +25.26 Manila Conip 2689.29 +83.84 Taipei WPI 5.776.18 +10.76 Seoul Comp 884.79 +7.08 Bombay BSE30 closed CLSA China B 736.70 +6.58 Aust All
    170 words
  • 681 1  -  By Paul Leo SINGAPORE The Singapore stock market sprang to life yesterday after hibernating for more than a year, with a gush of foreign orders sending the market up by almost 3.5 per cent. The sudden bull spurt was not confined
    Source: Bridge Into  -  681 words
  • 353 1  -  From Anthony Rowley in TOKYO THE Japanese government reacted calmly but firmly yesterday to the US threat to impose trade sanctions on Japan over the two countries' car industry dispute. Ministers and industry heads expressed confidence that the World Trade Organisation will
    353 words
  • 270 1 AFP Reuter LONDON The dollar rose sharply on European currency markets yesterday, boosted by a general move out of marks and yen. Sterling was carried along in the greenback's wake. Towards day's end, the dollar was trading at 1.4285 marks and 85.75 yen.
    AFP; Reuter  -  270 words
  • 204 1 Reuter STOCKHOLM Scandinavian Airlines System (SAS) and Germany's Lufthansa said yesterday they will form a strategic alliance from Jan 1, 1996. This "will offer travellers one of the largest and most competitive traffic systems in the world", SAS said in a statement. SAS
    Reuter  -  204 words
  • 327 1 SINGAPORE Institutional investors chased propert> stocks aggressively yesterday. The Straits limes Property Index surged 52.13 points or 3 per cent to 1,765.89 second only to the Straits limes Industrials Index, which gained 72.7 points or 3.5 per cent to 2,164.6. The most sought-after local
    327 words
  • 393 1  -  From Alvin Tay in Beijing THE Spratly Islands dispute is not just over resources and sovereignty but concerns navigation rights of nations as well. Prime Minister Goh Chok Tong told his Chinese counterpart last night. The sovereignty issue, he said, raises the question
    393 words
  • 140 1 AFP BEIJING China's parliament has passed a long-awaited Commercial Bank Law in a landmark move to restructure the country's financial system. The 91-article law. which goes into effect on July 1, was passed on Wednesday by the standing committee of the National People's Congress.
    AFP  -  140 words
  • Page 1 Advertisements
    • 262 1 nsrnri I COMPUTER PRINTER I RIBBON MANUFACTURER I CONTENTS S'pore News 2 Spore-HTsa .17.18.19 Regional News 3.4.6 Financial 21.22 World News 8.9 Futures Markets Analysis 15 CM>/KtS£. S£S 26-28 Edrtofial 14 Regional 24 Sports 11 World 25 TV/Lifestyte 13 Currencies 22 Advertising 10 SimexCommo .22.23 Subscription Tel 1800-*****77 Fa* *****75
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    • 173 1 Tel: 250 8070 Fax: 250 8471 Bottom Line: Pg 16 Asian confidence S'pore banks eye China market, Pg 16 US urges caution over Spratlys, Pg 3 YHS likely to keep Pepsi deal despite ownership tussle Pg 17 J? P. ~>l ft J ■y- iUL'' «<JUIVt II II <p I jfXV.
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    • 4 1 Full report Pg 4
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 338 2  -  By Ramesh Divyanathan THERE were fewer car registrations in the first quarter of this year than in the same period last year. Registrations in JanuaryMarch 1995 totalled 9,953 793 fewer than the firstquarter 1994 tally of 10,746. One reason was the drop in Certificate of Entitlement
        Source: ROV  -  338 words
    • 431 2  -  By Ven Sreenivasan AMERICAN typewriter and office equipment maker Smith Corona Corp is elosing down its Singapore and Batam plants and shifting their operations to Mexico. The eompany had said in the US on Monday night that it would cut a net 750
      431 words
    • 374 2 SINGAPORE Singapore Telecom has started a new service to help local firms put up their own corporate "sites" on the Internet's hugely popular World Wide Web (WWW). Telecom president and CEO BrigGen Lee Hsien Yang said yesterday. BG Lee announced the new service,
      374 words
    • 369 2  -  By Michelle Low MITSUBISHI Chemical may invest another $10 million next year in a second production iine at its new $20 million recordable compact disc (CD-R) plant in Tuas. The second line would more than treble output from 130.000 discs
      AFP  -  369 words
    • 236 2 A SINGAPORE environmental trade mission to Vietnam has identified about 50 projects, including pollution control and waste water treatment, worth about US$3OO million (Ss4lB million). The 10-day mission last month was organised by the Singapore Association for Environmental Companies (Safeco) and the
      236 words
    • NEWS ROUNDUP
      • 79 2 THE Economic Development Board will head for India tomorrow to recruit professionals in electronics, engineering and information technology. This is the EDB's first mission to India and the fourth since its recruitment drive started in 1993. Covering Bombay, Madras and New Delhi, the team
        79 words
      • 93 2 SEVEN traditional Chinese medicinal products have been found by the Ministry of Health to contain high levels of toxic chemicals, while five others were found to be adulterated with western drugs, some of which are scheduled poisons like chlorpheniramine and dipyrone. The Poisons Act makes
        93 words
      • 61 2 THE Overseas Union Bank has established the Lien Ying Chow professorship in medicine at the National University of Singapore. OUB has donated $2 million to the university's endowment fund and the government will match that donation. NUS will use the revenue from the capital
        61 words
      • 54 2 MINISTER for Foreign Affairs and Law S Jayakumar will go on an three-day official visit to Japan from May 15. He will be there as guest of Japanese Deputy Prime Minister and Minister for Foreign Affairs Yohei Kono. He will also pay a courtesy call on
        54 words
      • 49 2 SWEDISH furniture retailer Ikea will open its first Malaysian store early next year as part of its plan to expand in the Asia Pacific. The 8,000 sq metre store, to be located in Kuala Lumpur's suburbs, will be owned by Ikea Singapore.
        49 words
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  • SOUTH-EAST ASIA
    • 430 3  -  From Florence Chong in SYDNEY INFLATION was the biggest problem facing Vietnam and controlling it will be crucial to the country achieving its economic growth target of 10 per cent a year, said Cao Sy Kiem, governor of the State Bank
      430 words
    • Article, Illustration
      43 3 Reuter KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad (left) and Deputy Premier Anwar Ibrahim have reason to be smiling. They were celebrating yesterday the 49th anniversary of L'mno and the landslide victory of their coalition government at the recent elections. Reuter
      Reuter  -  43 words
    • 303 3 Reuter JAKARTA President Suharto said Indonesia could lose vital commodity export markets when Asian trade barriers are removed unless its workforce becomes more skilled. "If we do not seriously improve our human resource quality from now on, our market share of
      Reuter  -  303 words
    • 158 3 Reuter WASHINGTON The State Department's top East Asia policymaker will visit Vietnam and Laos next week as part of a regional tour, the department said. Winston Lord, assistant secretary of state for East Asia and the Pacific, will be in Asia from tomorrow to
      Reuter  -  158 words
    • 278 3 AFP MANILA President Fidel Ramos' forecast of a 10-2 victory in the Philippine senatorial elections held firm yesterday with about a third of the votes cast tallied, an unofficial count showed. With votes from 33.4 per cent of precincts counted, only Mr Ramos'
      AFP  -  278 words
    • NOTE BOOK
      • 79 3 AFP MANILA Employment opportunities abroad have contributed to the decline of the communist movement in the Philippines, said Acting Labour Secretary Jose Brillantes yesterday. It has dampened the desire to join some other groups, he said, referring to the communist New People's Army (NPA) and
        AFP  -  79 words
      • 81 3 Bernama KUALA LUMPUR Umno members who directly or indirectly opposed Barisan Nasional candidates in last month's general election have been automatically expelled from the party. They also would not be readmitted, the Umno Supreme Council decided yesterday at its meeting chaired by party president Mahathir Mohamad.
        Bernama  -  81 words
      • 59 3 Reuter WASHINGTON The World Bank announced on Wednesday that it was financing US$lOO million (SSI39 million) of a U*****.6 million environmentally-conscious power project in Thailand that will generate peak-time power using off-peak electricity. The World Bank said the Lam Takhong Pump Storage Project would help Thailand
        Reuter  -  59 words
    • 318 3 Reuter AP WASHINGTON The United States called on China and five other countries on Wednesday to step up diplomacy to prevent a possible outbreak of hostilities over the disputed Spratly Islands in the South China Sea. "The United States
      Reuter; AP  -  318 words
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  • CHINA/ HONGKONG/ TAIWAN
    • 580 4 Reuter Bloomberg Business News Beijing Chinese and foreign economists yesterday bailed a commercial bank law as a milestone in the country's financial reform but said it take time to implement (he new legislation in full. The 91-article law, which
      Reuter; Bloomberg Business News  -  580 words
    • 298 4  -  Singapore has invested US$3OO million in Wuxi so far By Schutz Lee SINGAPORE About eight out of every 10 contracts signed between Singapore and Wuxi, China, have translated into actual investments in the Chinese city, said a visiting Chinese trade official yesterday.
      298 words
    • 198 4 AFP GENEVA A high-ranking Chinese official has hailed the initial results of talks on Beijing's joining the World Trade Organisation, which resumed here after a four-month gap. "Generally speaking, I think it is positive because we came directly to the various
      AFP  -  198 words
    • 257 4 Reuter TAIPEI The first legal voyage direct from China to Taiwan since 1949 suffered a delay yesterday after mainland Chinese authorities postponed it indefinitely, Taiwan port officials said. A US-owned ship was scheduled to leave the southeastern Chinese port of Fuzhou yesterday for
      Reuter  -  257 words
    • CHINA WATCH
      • 67 4 Reuter BEIJING Consumer price inflation in China's 35 major cities was 19.7 per cent in April compared with the year-ago period, reversing a decline the month before, the State Statistics Bureau said. The consumer price figure rose by 0.3 percentage points from 19.4 per
        Reuter  -  67 words
      • 41 4 Reuter HONGKONG Hongkong Governor Chris Patten biting into corn at an agriculture department test field in the New Territories area on Wednesday. The test field was developed in a scheme to assist farmers in growing safe produce. Reuter
        Reuter  -  41 words
      • 58 4 Reuter BEIJING Telecommunications firm Unicom. China's fledgling "second telephone network", has laid four fibre-optic trunk lines and grown to more than 30 branches from an initial four in just 10 months, according to Xinhua news agency. Unicom was set up by the electronics, railways and
        Reuter  -  58 words
      • 47 4 AFP BEIJING China yesterday welcomed the upcoming visit of British Trade Secretary Michael Heseltine, but warned that London's stance on Hongkong remained the key to improving relations. Mr Heseltine is due to arrive in Beijing tomorrow heading a large trade delegation. AFP
        AFP  -  47 words
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  • Page 5 Advertisements
    • 28 5 1 i rSfcjffS£ ~i pifef MITSUBISHI > in ii H-* Sr A car that says you've arrived shouldn't have a price tag tnat says youVe left your senses behind.
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  • ASIA
    • 466 6 AFP Bernama TOKYO A leading Japanese newspaper yesterday said that Prime Minister Tomiichi Murayama was mulling over when to quit, but the premier strongly denied the report. "I have no intention of resigning at all, because it is time for the entire
      AFP; Bernama  -  466 words
    • ASIA NOTES
      • 94 6 Reuter CANBERRA The Australian senate will not now hold an inquiry into the government's 1995-96 budget accounting methods, opposition parties said. The conservative Liberal-National coalition said they would not support the Democrat Party's proposal for the inquiry and the Democrats said they could not start
        Reuter  -  94 words
      • 77 6 Reuter TOKYO A 2.73 trillion yen (5545.29 billion) supplementary budget for the year to March 31, 1996, approved by Japan's cabinet on Wednesday, is likely to be discussed in parliament next week, an official said. He said the lower house budget committee was likely to
        Reuter  -  77 words
      • 86 6 AFP SYDNEY International aid agency Care Australia padded its budgets to get extra funds and diverted money raised for specific programmes to other areas, according to a governmentordered audit released yesterday. It said Care Australia had overstated estimated costs in some budgets presented to the government
        AFP  -  86 words
    • 347 6 Japanese loan scandal AP TOKYO Prosecutors raided companies owned by relatives of a former labour minister yesterday, looking for evidence of a link between the former official and a scandal involving two failed credit unions. Toshio Yamaguchi became the first politician investigated in connection with
      AP  -  347 words
    • Article, Illustration
      61 6 Reuter GOLD COAST, Australia Scientist Ken Pegg showing off a bunch of Goldfinger bananas during a launch here yesterday. The Goldfinger is the First new variety of banana to be launched in 70 years. They were bred in Honduras and are ideal for sub-tropical regions. The bananas
      Reuter  -  61 words
    • 381 6 Jobless rate fell to 4'/2-year low in April Reuter SYDNEY Australia's unemployment rate fell to its lowest level in years in April, prompting economists to warn the unexpected surge in employment kept prospects of further interest rate rises on the agenda. The warning comes
      Reuter  -  381 words
    • 196 6 Reuter CANBERRA Australian Treasurer Ralph Willis yesterday rejected an accusation that he misled shareholders in a 1993 prospectus for the Commonwealth Bank of Australia Ltd, a breach of law that carries a jail penalty. The parliamentary opposition asserts that since Mr Willis announced
      Reuter  -  196 words
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      340 words
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  • THE WORLD
    • WORLD WATCH
      • 101 8 Reuter JOHANNESBURG Up to 100 miners were feared dead after plunging 500 metres down a shaft in a lift cage at Vaal Reefs Exploration and Mining Co Ltd, one of South Africa's biggest gold mines, the mine owners Anglo American Corp said
        Reuter  -  101 words
      • 72 8 AP WASHINGTON McDonnell Douglas Corp remained the US military's No 1 contractor in fiscal 1994 by receiving US$9.2 billion (5512.8 billion) in Pentagon spending, the Pentagon announced on Wednesday. McDonnell Douglas also ranked at the top in 1993 with USS7.S billion in contracts. The No 2
        AP  -  72 words
      • 65 8 Reuter BRUSSELS Unemployment in the European Union edged down to 10.8 per cent or 17.9 million people in March from 10.9 per cent in February and 11.3 per cent in March last year, Eurostat said yesterday. It said that over the past year
        Reuter  -  65 words
      • 65 8 Bloomberg Business News FRANKFURT German industrial output growth will accelerate in 1995, boosted by the favourable export outlook and conditions for higher domestic demand, the Institute for Economic Research (IFO) said. In a survey of business activity, IFO said manufacturing output will expand by at
        Bloomberg Business News  -  65 words
    • 385 8 Reuter LONDON Britain's central bank warned yesterday that interest rates may have to go up soon to keep inflation under control, adding to speculation of a rift with the government which has so far rejected any rise. Though the latest figures
      Reuter  -  385 words
    • 276 8 AFP LONDON The British government narrowly avoided defeat on Wednesday in a House of Commons vote on reform of London health services. MPs voted by 308 to 320 against a Labour motion calling on Health Secretary Virginia Bottomley to halt the
      AFP  -  276 words
    • 400 8 Reuter KIEV US President Bill Clinton arrived in Ukraine yesterday for a two-day visit to the former Soviet republic which is likely to be free of the controversy which dogged his visit to neighbouring Russia. Mr Clinton was greeted at Borispol airport by
      Reuter  -  400 words
    • 74 8 Reuter SLIDELL, Louisiana Slidell resident Colen Carter wading through flood waters in front of his house on Wednesday to check if any mail had been dropped off in the last two days since torrential rains that fell in and around the New Orleans area.
      Reuter  -  74 words
    • 401 8 Reuter LONDON Officials yesterday dismissed a newspaper report on proposals for new rules on cross-media ownership in Britain as "speculation" and said there was no set date for publication of a government discussion paper. The Independent newspaper said senior ministers
      Reuter  -  401 words
    • 391 9 EC's plans signal start of long battle over reforms FT BRUSSELS The European Commission on Wednesday challenged UK policy on Europe with proposals to change decision-making in Brussels which would reduce the right of veto and put an end to optouts for
      FT  -  391 words
    • 64 9 124-year-old woman sees the ocean for the first time Reuter RIO DK JANEIRO, Brazil Former slave Maria do Carmo Jeronimo, 124, looking at the sea for the first time on Tuesday at Copacabana beach. With Ms Jeronimo is Rio Mayor Cesar Mayar, who invited the Minas Gerais resident to Rio
      Reuter  -  64 words
    • 418 9 Bloomberg Business News WASHINGTON A congressional panel is poised to extend a USS2.2 billion (SS3 billion) annual research tax break for businesses on the premise that it will create job opportunities for Americans just as Republicans propose to slash funding for
      Bloomberg Business News  -  418 words
    • 337 9 Reuter MILAN After months of being a "no-go area" for the foreign investor, Italy is again attracting funds as confidence returns to the country's politics and economy. The battered lira, which hit the canvas against the mighty German mark in March and stayed
      Reuter  -  337 words
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    • 146 8 i jjflj WMHMUMBM iiii ppj EEI NATIONAL UNIVERSITY OF SINGAPORE FACULTY OF BUSINESS ADMINISTRATION presents WHARTON-NUS BANKING PROGRAM June 25 July 7,1995 Fees: 556,000 (Exclusive GST) 556,180 (Inclusive GST) For senior banking and financial institution executives with more than six years of llli managerial experience in lending, retail or operations
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  • Page 9 Advertisements
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    • 496 9 HERE'S THE OPPORTUNITY. 1 SOVEREIGN j V#7 IThe Sunday Tim es 1 nuprseas stocks: CPF discipline NOW. HERE'S YOUR TICKET. •> (j* I *fc»,' cowarrm t i r; 4 3 ♦*;>*»* FMHANCF PFTIIPNS ON YOIIR CPF SAVINGS WITH OCRC SAVFRS FUNDS Since January this year, through unit trusts approved under
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  • ADVERTISING & MARKETING
    • 569 10  -  Marina Rinaldi markets clothes for bigger-sized women but with Italian styling to flatter the figure. Corinne Kerk reports Corinne Kerk Bigger-sized women are now the target of the newest retailer in town. Inchcape's Branded Lifestyle Division officially opens Marina Rinaldi today, an Italian label
      569 words
    • 645 10  -  Stuart Elliott tells of the historical tenor in Mobil's new campaign Stuart Elliott NYT ADS FOR expensive Scotch whisky brag about how long it has been aged. Fine wine is sold on its vintage. Now a far more prosaic product, a
      NYT  -  645 words
    • 322 10 Japan's award-winning creative director talks about her hard times NYT 44rriHE advertisI ING industry is reA puted for being ahead of the times but in reality it's a man's world and women are still a minority," says Chieko Hattori who recently became the
      NYT  -  322 words
  • Page 10 Advertisements
    • 149 10 PORSCHE The new 911 Carrera includes ground-breaking technological leap forward with the ABS 5 braking system and new multi-link rear axle. Stuttgart Auto Pte Ltd developments. Set to boost the Carrera's already renowned agility The 911 Carrera comes in an elegant, sleek new look while maintaining 2 3 Leng Kee
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  • SPORTS
    • 380 11 NBA playoffs AP ORLANDO, Florida Wearing his old number, Michael Jordan was back playing like his old self. Jordan brought No 23 out of retirement on Wednesday night, scoring 38 points and controlling the action in the Chicago Bulls'
      AP; Reuter  -  380 words
    • 567 11 Reuter LONDON As many as 25 players at Rugby World Cup '95 were also involved in 1987 and 1991* but only David Campese. Michael Lynagh and Sean Fitzpatrick can truly claim to have seen it all. Eight years on from the inaugural tournament, the
      Reuter  -  567 words
    • 519 11 America's Cup NYT SAN DIEGO In a sport plagued by copycats looking for the best ideas in yacht design. New Zealand's America's Cup team deliberately spread rumours that its Black Magic boats were slow. But the truth is, the boats were fast right out of
      NYT  -  519 words
    • SPORT SHORTS
      • Article, Illustration
        85 11 AFP NEW YORK National League on Wednesday Los Angeles 3. San Diego I; Cincinnati 3. Florida 0; Philadelphia 10. Montreal 1; Houston at Pittsburgh (postponed, rain) New York 5. Atlanta 2; St Louis 11. Chicago I; Colorado 8, San Francisco 5. American League: Geveland 3, Kansas City 2 (10
        AFP  -  85 words
      • Article, Illustration
        13 11 AFP WASHINGTON NBA Eastern Conference quarter-final second game: Chicago 104 Orlando 94.
        AFP  -  13 words
      • Article, Illustration
        80 11 AP NEW YORK The news hit the heavyweights like a thunderbolt. After three years in prison and with no fights since June. 1991. Mike Tyson is ranked No 1 by the WBC. one step away from champion Oliver McCall. "It just shows how much politics and racketeering play a
        AP  -  80 words
      • Article, Illustration
        42 11 Reuter NEW YORK NHL first-round playoff games on Wednesday NY Rangers 4 Quebec (NY leads best-of-seven series 2-1); Boston 3 New Jersey 2 (New Jersey 2-1); Washington 6 Pittsburgh 2 (Washington leads 2-1); Buffalo 3 Philadelphia 1 (Philadelphia 2-1) Reuter.
        Reuter  -  42 words
      • Article, Illustration
        65 11 AP SANTIAGO, Chile Diego Maradona said on Wednesday that he would only return to active soccer if he was allowed to simultaneously play and coach. "I will return with a club that wants to hire me both as a player and as a coach. Separately, no," the Argentine superstar
        AP  -  65 words
      • Article, Illustration
        36 11 AP PINEHURST, North Carolina Clay Court Championships men's ATP Tour on Wednesday, Singles, 2nd rd: Thomas Enqvist (Swe) bt Richcy Reneberg (US) 7-6 (7-4). 3-6, 6-2; Fernando Meligeni (Bra) bt Steve Bryan (US) 6-2. 6-4.
        AP  -  36 words
  • Page 11 Advertisements
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    • 390 11 OFFICIAL NOTICE We. GMS WARUNA SHIPPING PTE LTD of No. 28 Hillview Terrace, Singapore 2366 hereby give notice that in consequence of our intended purchase, we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179), in respect of the ship "GREENVILLE
      390 words
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      353 words

  • Page 12 Advertisements
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  • LIFESTYLE
    • 634 13  -  Many prominent films are surprisingly left out of Cannes. Michael Dwyer finds out why Michael Dwyer NYT THE lineup of films invited to compete in the Cannes International Film Festival. which begins next Wednesday, is impressive, with Christopher Hampton's Carrington (about the Bloomsbury group).
      NYT  -  634 words
    • 195 13 A RECORD $266,250 in prize monies is being offered in the Philip Morris Group of Companies Asean Art Awards more than $100,000 up from last year. As with last year's contest, however, money isn't everything. The top five entries in the local
      195 words
    • CHATTER BOX
      • 183 13 AP AP AP GLENN CLOSE, Sharon Stone, Demi Moore pshaw. Watch out, Michael Douglas. You've got Courtney Love on your case. "You know, I have a weird Michael Douglas fetish," the lead singer of Hole tells Vanity Fair in its June edition. "I love Michael Douglas.
        AP  -  183 words
  • Page 13 Advertisements
    • 160 13 WHERE TO WINE, DINE AND ENTERTAIN WM (EatrnlfUl j&teafe 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 #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 I 100% olive oil! no
      160 words
    • 89 13 TSINGTAO BEER Standing tall with its Superb Flavour Tsingtao, a rich strong flavoured beer brewed with sparkling, spring water from the famous mountains of Laoshan. Its superb taste, praised and awarded the world over since 1963, quenches your thirst... revitalises your body... makes you feel good! II JfIHNURL Tsingtao, it's
      89 words
  • Page 13 Miscellaneous
    • 1146 13 TV RADIO 1 The Philadelphia Experiment 2, Ch 5 GraPhantom sends a bomber to to the seaman Herdeg stop Welcome Home, 9pm, TV Kris Kristoflerson tremendous as presumed in Viet- I nam. He re-appears after 14 vl v| /5B Ml years, but his wife has remarr- [.I —m > I
      1,146 words

  • 833 14  -  The problem must be solved at home because it is homemade, writes Judith Bello Judith Bello The writer, a Washington trade lawyer and a former general counsel to the US Trade Representative, wrote this article for The Washington Post ARE Clinton
    833 words
  • 535 14 EDITORIAL LAUNCHED last Friday, Public Service For The 21st Century, or PS2I, signals the civil service's break with its bureaucratic tradition and opens the way for change. Right down the line, civil servants, once obedient and faithful followers of orders, are to be transformed
    535 words
  • WHAT THE OTHERS SAY
    • 379 14 THERE can be no two opinions on Prime Minister Goh Chok Tong's view that Singapore has the resources to improve the assets of its citizens. Vision, economic planning and husbanding of funds account for the prosperity that has prompted the Organisation for Economic Cooperation and Development
      379 words
    • 112 14 THE BLUEPRINT for excellent public service, PS2I. is something that many Singaporeans would expect. Of late, there have been many views extolling the need for our civil service to be upgraded to be at par or higher than the best in the private sector.
      112 words
    • 202 14 SINGAPORE'S rise in status from being a developing country to a developed one is both a cause for joy and a source of worry. By considering Singapore as a developed country, the Development Assistance Committee is no doubt recognising our accomplishments. But is Singapore truly a
      202 words
    • 178 14 ONE of the battle cries of the tenure of Governor Chris Patten has been his drive towards a more open society. An administration in which there is ready public access to information, and where administrators are held fully accountable for their actions is evidently desirable; and slowly
      178 words
    • 114 14 ALL the wrong turns taken by Tenaga Nasional have led to a right. The cabinet's decision to revoke the increase in electricity tariffs pending a review of the situation is appropriate, and maybe even necessary, considering the additional burden being exerted on manufacturers, the implications of an
      114 words
    • 70 14 THE Tourism Authority of Thailand (TAT) and the Forest Industry Organisation (FIO) have joined hands to develop eco-tourism within areas owned by the FIO. The agreement was reached during a recent meeting attended by high-ranking officials of the two agencies. With technical assistance from Swedish experts, 151,250
      70 words
  • Page 14 Advertisements
    • 132 14 O <\\P Get the answers and V more from 2 ncius/inK tL V. *v*4 Newslink's online database contains hundreds °f thousands of news articles, reports and company profiles dating as far back as 1989. These can be retrieved almost instantly by anyone with a personal computer with a modem from
      132 words
  • Page 14 Miscellaneous
    • 84 14 rjON£S,—) >N TO VODR rousr Be MORE: TO v UN 5. f ,2^5 T !9 N UF<£. THP\M TVUS TMEIK-EI must j) V £>G. ASSOCIATED NEWSPAWHS LTD '»U 1M) (^^^94-34 DOONESBURY GARRY TRUDEAU y ri> f/AMW-X TREAT YOU. BY I YOUFORmmjo 7*e Z*?M£, I>Cf DO? I MONTHS IT TAKBSTD VISTTTO
      84 words

  • ANALYSIS
    • 1026 15  -  The Thai government's plan to open up the telecommunications sector has run into a spot of trouble. Alan Boyd finds it plagued by political uncertainty and industry opposition Alan Boyd The writer is a Bangkok-based journalist who contributes to BT POLITICAL uncertainties
      1,026 words
    • 1172 15 But aspiring tigers Indonesia, Malaysia, Thailand and the Philippines, with large yen loans, are hurting THE rise of the yen has brought good news to LG Electronics Co. Since the start of the year, the South Korean manufacturer of VCRs, televisions, microwave ovens and
      1,172 words
  • Page 15 Advertisements
    • 208 15 UNION BANCAIRE PRIVEE GENEVE We are pleased to announce the opening of our Representative Office in Singapore. The Bank, with its headquarters based in Geneva, is one of Switzerland's largest privately owned banks specialised in asset management worldwide. At the end of 1994, the Group's equity exceeded CHF 1 billion
      208 words

  • 650 16  -  PMGoh in China By Alvin Tay BEIJING Buoyed by the record surge in Singapore investments to China, the Republic's Big Four banks are gearing up for a bigger share of the banking business there. Prime Minister Goh Chok Tong will
    650 words
  • 484 16 FT Reuter LONDON News Corporation, Rupert Murdoch's media and entertainment group, and MCI Communications, the sec-ond-largest US long-distance telecommunications operator, on Wednesday announced a worldwide strategic alliance. The two companies intend to form a joint venture to exploit their strengths in media
    FT; Reuter  -  484 words
  • 245 16 Code of ethics drawn up to preserve party's image AFP KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad yesterday warned ministers and MPs of his National Front they would be sacked if they tarnished the party's image after its landslide win in recent polls. A
    AFP  -  245 words
  • 339 16 Reuter WASHINGTON Inflation at the wholesale level shot up by 0.5 per cent in April, the biggest increase in five months. But another report yesterday showed a steep plunge in retail sales, suggesting to many analysts that a slowing economy would keep
    Reuter  -  339 words
  • 301 16 Reuter WASHINGTON The United Stales economy kept growing during March and April, but at a slower pace that showed little sign of firing up inflationary wage or price rises, a Federal Reserve survey said on Wednesday. The central bank's latest survey of
    Reuter  -  301 words
  • 190 16 Bloomberg Business News Reuter FRANKFURT Former Barings pic trader Nick Leeson told a German court he doesn't want to be extradited to Singapore to face forgery charges. Leeson's court appearance was his first since German prosecutors last week accepted evidence supporting a full
    Bloomberg Business News; Reuter  -  190 words
  • 865 16  -  The Bottom Line CHUA BENG HUAT CHUA BENG HUAT The writer teaches a course in sociology of consumption and popular culture at the National University of Singapore READERS of magazines and v iewers of movies and television can reduce the frustrations,
    865 words
  • Page 16 Advertisements

  • COMPANIES & MARKETS
    • 585 17  -  By Genevieve Cua SINGAPORE Beverage group Yeo Hiap Seng (YHS) looks set to retain the bottling franchise for Pepsi-Cola despite the cloud of uncertainty looming over its ownership. Pepsi-Cola International president for South-east Asia Barry Shea said yesterday that Pepsi was
      585 words
    • 286 17  -  Byl Genevieve Cua SINGAPORE Drinks maker Yeo Hiap Seng would focus on stemming losses this year, managing director Alex Chan said yesterday. 1995 would be "a year of transition", he said. "Anything that gets us back on track would be a
      286 words
    • 289 17  -  By William Chia SINGAPORE Trading of IPC Corporation shares came alive yesterday, with nearly 13 million shares changing hands. However, a big chunk of the day's volume was a block deal of 8.78 million shares, which crossed at 80 cents apiece IPC's closing
      289 words
    • 298 17 SINGAPORE The Straits Trading Company seems to be having difficulty getting its ho-tel-cum-retail project in Bras Basah off the ground. Straits Trading chairman Howe Yoon Chong complained in his annual statement that although it has been a year since the company clinched
      298 words
    • 802 17  -  HOCK LOCK SiEW By Lee Han Shih SINGAPORE Well, it may not be as bad as watching yet another rerun of "Nightmare on Elm Street". But shareholders of Yeo Hiap Seng Ltd reading the interview with Alex Chan in today's papers could be
      802 words
    • 467 17  -  By Catherine Ong SINGAPORE United Overseas Bank expects keener competition and a slowdown in the Singapore economy to lead to lower loan margins and profit growth this year. In his annual statement, UOB chairman Wee Cho Yaw said: "With more financial institutions
      467 words
    • EYE on your STOCKS
      • Article, Illustration
        53 17 Firm 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Credit Lyonnais Securities. Daiu a. Fraser. G K Goh. Kay Hian, Morgan Grenfell. Ong Co. Nomura. Phillip. Smith Neh- Court. W Can and
        53 words
      • Article, Illustration
        78 17  -  -By Quak Hiang Whai LIKE many Malaysian counters, Mulpha has rebounded from its overwhelmingly oversold position. The point where its daily MACD lines crossed just below zero marks the beginning of a reversal. Daily and weekly RSIs show the stock has some way to go. By Qmak Hiang
        78 words
    • COMPANIES
      • 37 18 SINGAPORE PCI gained 2.5 cents on its first day of trading on the main board of the Stock Exchange of Singapore yesterday. It closed at 51.5 cents on volume of 196,000 shares.
        37 words
      • 36 18 SINGAPORE Nat Steel has bought another five million shares in Hongkong-listed metal trader Burwill Holdings for HK$5OO,OOO (SS90.100). This brings its stake in Burwill to 24.3 per cent.
        36 words
      • 78 18 SINGAPORE The SES yesterday queried Jurong Engineering on the tax charge in its 1994 results. It has asked the company to explain a substantial increase in tax and why this was not reflected in its interim results. It has also asked whether $2.65 million in
        78 words
      • 69 18 SINGAPORE San Teh has appointed Allen Chow Shih Wei assistant general manager of subsidiary Nantong San Teh Xing Electronic Industry Co. He is the nephew of the San Teh group's executive chairman Kao Shin Ping, but does not hold any shares in San Teh or its
        69 words
      • 42 18 SINGAPORE Asia Matrix Ltd has incorporated a wholly owned subsidiary providing management consultancy services. Called Asia Matrix Management, it has authorised share capital comprising 100,000 $1 shares, of which two shares have been issued and paid up.
        42 words
      • 530 18 M—gw»' prtew May 12 Mendaki Gr Fund 1.01 1.04$ lUt Trail us Or Fund 1.01 1.05® SEL 75 ,.77 UOB Asset Mgt Ltd The Savings Fund 1.30 1.59 Unifund 1.41 1.47 S'porc Prog Fund 0.60 0.64 Unibond 1.03 1.055 S'porc Sec Fund 0.97 1.03 United Gr Fund! 1.63 1.70 S'porc
        530 words
      • 260 18 Reuter KUALA LUMPUR Malaysia will soon make its first foray into the world of derivatives with the launch of at least one issue of call warrants, officials from the Securities Commission said. "We have reached the point where one issuer has substantially
        Reuter  -  260 words
      • 438 18  -  From Maggie Ford in JAKARTA INDOSAT, the Indonesian international telephone operator which floated its shares in New York last year, recorded a 65 per cent jump in net income in the first quarter, helped by lower payments to domestic operator
        438 words
      • 386 18  -  Company given two months to clean up alleged logging violations From Maggie Ford in JAKARTA INDAH Kiat, Indonesia's largest listed pulp and paper maker, has been warned again over alleged mismanagement of its forestry concessions. In a letter from Forestry Minister Djamaloedin
        386 words
      • 261 18 Reuter KUALA LUMPUR Malaysia's Securities Commission announced a comprehensive three-year plan to develop the country's capital market aimed at turning Kuala Lumpur into a key regional financial centre. The plan calls for a reform of the securities industry rules and regulations,
        Reuter  -  261 words
      • 549 18 Thai corporate results Bloomberg Business News BANGKOK Thailand's two major banks reported improved results for the first quarter yesterday. Thai Farmers Bank pic, the nation's third largest, posted a profit increase of 27.4 per cent in the first quarter. Higher lending
        Bloomberg Business News  -  549 words
      • 181 18 Bloomberg Business News BANGKOK With competition muted, Thailand's four major phone system operators are bound to ring up high earnings growth, analysts say. The question is how high, and the answers are surprisingly varied. A recently approved telecommunications master plan will do little
        Bloomberg Business News  -  181 words
      • 153 18 SINGAPORE Fourteen international investors, led by the Hongkong-based Morningside group, have set up a direct equity fund to invest in East Asia. Called the ASC Asian Equity Fund, it had raised US$l3O million (SslBo million) by the initial closing date of April
        153 words
      • 400 19 Bloomberg Business News TAIPEI In a move that shows the growing importance high-tech industry is playing in Taiwan, the Formosa Plastics Group, the island's largest industrial group, has mobilised a textile unit to join its move into high-tech. Shareholders of Formosa Taffeta
        Bloomberg Business News  -  400 words
      • 225 19 Bloomberg Business News HONGKONG Rising plastics prices and new trade barriers in Europe yesterday took their toll on toy makers Hong Kong Toy Centre International Ltd and South China Industries Ltd. Toy Centre International Ltd said its net profit dropped 23.5 per
        Bloomberg Business News  -  225 words
      • 419 19 Bloomberg Business News HONGKONG Chinese car maker Denway Investment Ltd reported a HK$ 148.6 million (5526.78 million) loss for last year, compared to a net profit of HK5262.75 million in 1993. The Hongkong-based car maker spun off the earnings road due
        Bloomberg Business News  -  419 words
      • 380 19 Reuter HONGKONG Noble Group Ltd, a steel products and dry bulk cargo company, said it would enjoy steady growth in 1995 by expanding its shipping business and benefiting from an expected rise in chrome ore exports to China.
        Reuter  -  380 words
      • COMPANY BRIEFS
        • 72 19 Bloomberg Business News HONGKONG Taiwan's biggest securities group, an affiliate of Taiwan's President Enterprises, said it formed two Hongkong joint ventures with the colony's First Eastern Investment Group. Both companies said they were aiming to take advantage of the estimated USS2O billion (SS2B billion)
          Bloomberg Business News  -  72 words
        • 109 19 Bloomberg Business News HONGKONG The controlling shareholders of Tungtex Hold l ings Company Ltd have agreed to sell their 50.01 per cent holding in the company to a Hongkong trading firm for HKSI.SO (550.27) per share. Mak Hing Cheong Hon (MHCH) Holdings is
          Bloomberg Business News  -  109 words
        • 67 19 Bloomberg Business News HONGKONG Property and mining company Qrand Orient Holdings Ltd reported a HKS3I million net loss for the year and a half to Dec 31. The company said it took a HKS6O.9 million charge for "investments in mining business". The company reported a
          Bloomberg Business News  -  67 words
        • 55 19 Bloomberg Business News BEIJING US tyremaker Goodyear has paid US$2.l5 million to purchase the Chinese registered trademark "Eagle" from a struggling Chinese rival, the official Beijing Youth Daily reports. The Huhhot Rubber Plant had paid just 200 yuan (Ss33) to register the name 10
          Bloomberg Business News  -  55 words
      • 176 19 Bloomberg Business News ARLINGTON HEIGHTS, Illinois Motorola Inc said on Wednesday that it signed a multi-million-dollar contract to deploy the first cellular phone system in Bombay. Motorola's International Cellular Infrastructure Division (Icid) has already signed contracts to provide systems in New Delhi
        Bloomberg Business News  -  176 words
      • 457 20 MCI-News Corp link-up NYT .NEW YORK With its -US$2 billion (Ss2.B billion) investment in Rupert Murdoch's News Corp, MCI Communications Corp is making corporate America's biggest bet yet that the Internet is going to be a booming business in a few
        NYT  -  457 words
      • 226 20 Reuter WELLINGTON Telecom Corp of New Zealand Ltd chairman Peter Shirtcliffe said the company was on track for further growth in revenue and earnings. The company reported a 17.4 per cent lift in net earnings to NZ5620.2 million (SssBo million) for the year
        Reuter  -  226 words
      • 52 20 Reuter LOS ANGELES Nintendo of America's latest electronic game, "Virtual Boy", a portable interactive "virtual reality" type game, is shown during a press preview at the Electronic Entertainment Expo on Wednesday in Los Angeles. The game will be available in August this year for about
        Reuter  -  52 words
      • 201 20 AFP SYDNEY The majority state-owned Commonwealth Bank of Australia yesterday announced plans to buy back around Asl billion (551.02 billion) worth of shares from the government and cancel them. The government said on Tuesday it would sell its 50.4 per
        AFP  -  201 words
      • 317 20 Reuter SAN FRANCISCO The Justice Department's suit to break up Microsoft Corp's USS2 billion (552.78 billion) acquisition of Intuit Inc on anti-trust grounds may have suffered on Wednesday when two big banks said they were getting into the same business. Bank America Corp
        Reuter  -  317 words
      • 179 20 Bloomberg Business News BOCA RATON. Florida New W R Grace Co chief executive Albert Costello, displaying firm control of the company he joined just nine days ago. told shareholders on Wednesday that he planned to move quickly to
        Bloomberg Business News  -  179 words
    • FINANCE & COMMODITIES
      • 478 21  -  From Neil Behrmann in LONDON THE LONDON International Financial Futures and Options Exchange (Liffe) has suffered a sharp decline in turnover. It is the third-largest financial futures market in the world. Other major derivatives markets, notably the Chicago Mercantile Exchange (CME), the Chicago
        478 words
      • 162 21 Bloomberg Business News NEW YORK The US government bought US$l.42 billion (about 551.97 billion) for dcutschemarks and yen on March 2-3 in what officials said was only a partly successful bid to prop up the dollar. The New York Federal Reserve Bank bought
        Bloomberg Business News  -  162 words
      • 280 21 Bloomberg Business News HONGKONG Nearly a third of banks audit their derivatives trading less than once a year or irregularly, the Hongkong Monetary Authority has said in a report. The HKMA, the closest equivalent Hongkong has to a central bank, circulated
        Bloomberg Business News  -  280 words
      • 229 21 AFP TOKYO Moody's Investors Service Inc said yesterday that Japan's regional banks would keep suffering from pressures on margins but added that the ratings among the most creditworthy would generally be sustained. "The banks will continue to suffer from margin pressures from diminishing lending
        AFP  -  229 words
      • SMALL CHANGE
        • 68 21 Bloomberg Business News TOKYO Japanese foreign exchange broker Kobayashi Co will quit trading at the end of May as British parent company Martin Bierbum pic moves all Asian spot foreign exchange operations to Singapore, the Nikkei Kinyii newspaper reported. The move reflects the high
          Bloomberg Business News  -  68 words
        • 74 21 Reuter LONDON Insurance premium rates in the UK are stabilising after a period of modest decline, Royal Insurance pic said, echoing Wednesday's comments from General Accident pic. "I don't think we're going to see very much movement. The stabilisation we're seeing at the moment has
          Reuter  -  74 words
        • 40 21 Reuter WARSAW Dutch banking and insurance group International Nederlanden Groep wants to increase its minority holding in Bank Slaski but needs a go-ahead from the Polish government, an ING official said. Reuter
          Reuter  -  40 words
        • 45 21 Reuter TAIPEI First Life Insurance Co, one of Taiwan's leading insurance firms, has sold about 40 per cent of its shares to Ching Fong Global Corp, bringing Ching Fong's stake in the insurance firm to 65 per cent. Reuter
          Reuter  -  45 words
      • 335 22  -  Reports by Neil Behrmann in LONDON GOLD is depressed mainly because of substantial central bank sales in the first four months of this year, said Gold Fields Minerals Services, a consultancy owned by leading producers Newmont Mining Corp and Gold Fields of
        335 words
      • 259 22 HEAVY sales of silver by US hedge and commodity funds caused a rout in the precious metals market mid-week. The decline started in late New York trading on Tuesday and silver plunged by 15 per cent to a low of U555.29 an ounce on Wednesday
        259 words
      • 426 22 Reuter JAKARTA As the US edges closer to imposing punitive sanctions on Japan over a car trade dispute. Indonesian rubber dealers are gleefully looking forward to making extra cash as a spinoff from the discord. Dealers yesterday said if sanctions were imposed, one
        Reuter  -  426 words
      • 265 22 ENERGY REPORT Reuter TEHERAN Iran has invited Western reporters to show the world that its oil and pctrochcmical industries arc advancing despite increasingly limited acccss to foreign loans and growing trade sanctions. Over the coming days, the National Iranian Oil Company (Nioc)
        Reuter  -  265 words
      • 196 22 Reuter LONDON The dollar surged two pfennigs from Wednesday's close as the resilience of the recent US bond rally kept investors interested in high yield currencies at the expense of safe havens like the mark, Swiss franc and yen. The US 30-year Treasury bond yield rallied back
        Reuter  -  196 words
      • 88 22 AFP NEW YORK The dollar was down in early Wall Street trading yesterday with dealers selling oft" the US currency at around 1.4150 German marks. The ounce of gold meanwhile was up 70 cents at U*****.30 compared to the Wednesday closing mark. At 1345 GMT, the dollar was
        AFP  -  88 words
      • Article, Illustration
        1615 22 htuk' inJt-\ tdJtuUileJ utfumxi S'pure's lttff 14 twJini? pann*i\ Bum' uur /W5 US$/S$ forward rates Noon /May 11 s$ Bid Offer 1-month I -1870 I 3*85 2-moMh ***** ***** 3-monlh 1.3765 1.3780 6-month 1 3630 1 3650 Stmnr. (X Bt Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on
        1,615 words
    • COMMODITIES & FUTURES
      • 1380 23 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures closed lower while Eurodollars were little changed after their Wednesday firmness, dealers said. The lead December Euroyen slipped to end at 98.48 from its previous close at 98.50. Turnover was 10,466 lots. September settled at 98.55 against its
        Reuter  -  1,380 words
      • KNIGHT-UDDER COMMODITY SUMMARY
        • 60 23 SINGAPORE Traders inside and outside of Vietnam are denying reports that Vietnamese farmers are selling oft their coffee stocks due to fear of competition from Thai and Indonesian new crop supplies. The Vietnam Investment Re\-iew. a weekly newspaper, reported coffee farmers were selling coffee beans
          60 words
        • 63 23 TOKYO An official of Atlas Consolidated Mining of the Philippines yesterday said it will take at least several more months before the company obtains the financing needed to restart production of copper at its giant Toledo mine in Cebu. Atlas had hoped to begin
          63 words
        • 90 23 WASHINGTON China is projected to import two million tonnes of corn in 1995-96. down 33 per cent from an estimated three million in 1994-95, USDA said yesterday in its monthly supply-and-de-mand report. However, that still represents a substantial volume of imports from a country
          90 words
        • 85 23 JOHANNESBURG Work at South Africa's 5.1 billion rand (SSI.9 billion) Alusaf aluminium smelter expansion project, which is scheduled to come on stream next month, has been halted following clashes between contract workers and onsite security which has left 55 people injured. Tom Ferreira, spokesman for Alusaf,
          85 words
      • 684 23 COMMODITY REPORTS Rubber SINGAPORE: Rubber futures ended with solid gains on the back of a surprise run-up in Tokyo and amid firm physical K rices, but talk that Chinese uyers were having difficulties in opening letters of credit or sending shipping instructions for their
        684 words
    • 1457 23 SICOM Futures Rubber (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Tim 257.00 257.0 257.00 50 M75 Jul 249.00 2425 Aug 246.50 2025 Sep 244.00 240.00 244 00 350 1800 Oct/Dcc 239.50 239.50 238.50 300 5475 Jan
      1,457 words
    • REGIONAL STOCK MARKETS
      • 1093 24 -20.5 SHARES closed around one per cent lower yesterday as the bourse fell into post-budget blues and market leader BHP slumped, brokers said. The All Ordinaries Index fell 20.5 points to 2,036.4. The All Industrials rose 0.5 to 3,082.1 while the All Resources dipped 39.0 to 1,243.8. Turnover was
        1,093 words
      • 627 24 +83.84 Stocks shot up 3.2 per cent with foreign buyers returning to the floor after a reassuring election result, analysts said. The PSE Composite Index rose 83.84 points to close at 2,689.29, the fifth straight day of a market upturn. Turnover was 2.71 billion pesos. "Foreigners are starting to
        627 words
      • 572 24 10.76 Stocks closed higher in slow trading, propelled by good performances of construction and banking and insurance issues. The 321-issue Weighted Price Index advanced 10.76 points to 5,776.18, following a 9.73-point decline on Wednesday. Turnover was 866 million shares worth NT537.9 billion, compared with the previous session's 947 million
        572 words
      • 477 24 -7.08 Institutional selling of primary blue chips took its toll on wobbly stocks in thin trade, sending the market to a lower close for the fifth consecutive session. The Composite Index shed 7.08 points to 884.79. Declining issues led gainers by 464 to 262. "Institutional investors have begun reducing
        477 words
      • 387 24 Shares finished a quiet session slightly higher as it waited for its largest stock, Telecom, to report after the market closed. Telecom closed down two cents at NZ$6.OB, ofT the session low of NZ$6.O2, and shortly before its late afternoon profit announcement. "It was a case of people
        387 words
    • WORLD STOCK MARKETS
      • 698 24 +27.8 THE UK's leading index ose to a 15-month high as idvances in bank and buildng materials shares countered a report from the Bank >f England that pointed to lccelerating inflation and ligher interest rates. Shares in companies that •ely on US business for a iignificant portion of their
        698 words
      • 156 24 +3.49 French shares posted small gains in the afternoon, hovering around the important 2.000 level which was on Wednesday in *ake of conservative Jacques Chirac's win in the presidential elections and gains on Wall Street. "There's a lot of interest in French shares now, there is a new client
        156 words
      • 161 24 +22.00 German stocks closed at a 10-week high as the mark's slump against the US dollar bolstered hopes the currency squeeze on exporters' earnings would ease. Exporters Daimler-Benz, BMW and Mannesmann led the advance as the DAX Index rose 22.00 points to close the post-bourse electronic trading session at
        161 words
      • 144 24 +3.43 Belgian stocks closed higher as a strong US dollar boosted shares in the supermarket chain Delhaize "Le Lion" and steel company Cockerill Sambre. The Bel-20 Index closed up 3.43 points at 1,451.56. A stronger dollar boosted the stock of Del- haize, which gained 1.3 per cent to close
        144 words
      • 130 24 +13 Italian shares ended little changed overall in highly technical trade with the prices of major stocks conditioned by the looming options close. Traders said they expected a repeat session today when the close will be used to set the strike price for the monthly contracts. The Mibtel closed
        130 words
      • 257 24 +2.80 Dutch shares closed firmer in brisk trade as bullish first quarter results from blue chip Royal Dutch unleashed buyers encouraged by a higher dollar. The AEX index closed 2.90 points firmer at 428.89, below a fresh year peak of 429.78, and further gains are expected if the dollar
        257 words
      • 173 24 +0.53pc Swedish shares firmed on falling bond yields and a stronger crown and were not put off by a late-afternoon rise in yields. The OMX Index gained 0.53 per cent to close at 1,222.12 in turnover of three million crowns. "When bond yields began to fall before lunch the
        173 words
      • 282 24 +39.6 Swiss stocks surged to a new 1995 high as Swiss Bank Corp shares gained as much as 5 per cent on the company's ofTer to buy SG Warburg Group's investment banking operations. SBC bearer shares rose as high as 400 francs, their highest level in more than a
        282 words
      • 354 24 +58.3 South African shares ended mixed as renewed demand lifted industrials but golds ended depressed by a weak bullion price and a mine disaster at Vaal Reefs. A dealer said gold shares had been mostly steady considering bullion weakness, and had found some support from a weaker rand. The
        354 words
      • 236 24 -6.79 Stocks fell in lacklustre early trading depressed by mixed North American debt markets, traders said. The TSE-300 Composite Index dropped 6.79 points to 4274.45 on volume of 8.60 million shares valued at CsBB million. Declining stocks edged out advances 159 to 155, with 218 issues unchanged. "It looks
        236 words
      • 766 24 10.37 The Dow Jones Industrial Average, which rose 13.84 points to a new record-high 4,404.62 on Wednesday, was ahead 10.37 to 4,414.99 at 11 am EDT. The dow was down 5.54 earlier but big gains in the three of its economically sensitive components helped lift the key barometer.
        766 words
      • 717 24 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit 38 MOO 38 6500 Mim Jersey Gill 0 1 *93 0.1992 Mim Ma» Income ****** *0 9500 US$ Cash Income Plus Fund 10 1800 10 7200 PS Reserve Fund 5 4 500 5 4600 Sterling Kquit> Euro Performance 0 4592 0493*
        717 words
    • Article, Illustration
      3076 25 Bloomberg Business News HONGKONG Foreign investors thundered back to the market in a spending spree of a magnitude not seen since Feb 7, 1994. About HKSB.4 billion worth of shares changed hands as foreign investment funds and hedge funds decided that local shares were once again good value. The
      Bloomberg Business News; Source: Bridge Info  -  3,076 words
    • Article, Illustration
      588 25 CLSA IN Hongkong, the H share index gained 25.65 points to 1,165.82 on a hefty turnover of HK5203.3 million. Maanshan attracted the largest turnover at HK553.5 million to close the day 5 per cent higher. Shanghai B shares rebounded 1.3 per cent, reflecting generally improved market sentiment, although turnover
      CLSA  -  588 words
    • Article, Illustration
      2557 25 Bloomberg Business News TOKYO Stocks had their biggest decline in almost a month as investors worried that US sanctions against Japanese exporters would hurt their earnings. "Foreign investors have been unloading their export shares," said a trader. "They seem more concerned about the trade friction than domestic investors." The
      Bloomberg Business News; Source: Bridge Info  -  2,557 words
    • Article, Illustration
      1880 25 Reuter BANGKOK Stocks rallied late and closed with the index at a four-month high on further foreign buying of finance and banking shares. The SET Index closed up 24.29 points at 1,345.55. Turnover was 202.8 million shares worth 16.27 billion baht. Rises led falls 186 to 160 with 82
      Reuter; Source: Bridge Info  -  1,880 words
    • Article, Illustration
      1171 25 Reuter JAKARTA Shares soared in heavy trading on foreign-trig-gered buying almost across the board, brokers said. "Players were seen on a stampede. placing buying orders almost across the board. I have never seen market frenzy like this," one excited broker said. Shares posted strong gains, some of them rising
      Reuter; Source: Bridge Info  -  1,171 words
    • 2405 26 G» *J~U. s rwHwi 0 T> FrS* C"rS" &J- i s'- ssf* iS' ,s» ,s j '3, J7| m \mste«l 50c I'M +16 306 194 181 193 I'M 150 3.7 22 17.4 1.15 7 ft JMfS* S7*5 Iti ,35 'S £5 'S '*7 5 2 ON SA >i»
      2,405 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 7169 26 Bloomberg Business News KUALA LUMPUR Stocks rccordcd their largest one-day gain in 16 months, rising by more than 5 per cent amid optimism that banks and property companies will benefit from steady interest rates. Zcti Aziz, chief economist at Bank
        Bloomberg Business News; Source: Bridge Info  -  7,169 words
    • STOCK EXCHANGE OF SINGAPORE
      • 8749 27 mzn: ZZ Or Cr M Wi |M$ Last Vol Day IjuQtoM Di» l)i< VU NH Cap A* Hick Ln C— r~T ~xW COOO) High Law Buyer Seller CNr S P I Ml Prk« INDUSTRIAL AND COMMERCIAL 482 382 ml s Acma 50c 408 cd 18 635 408 392 406 408
        8,749 words
      • 1822 28  -  By Paul Leo SINGAPORE Stocks staged the strongest rally in nearly 16 months as foreign fund managers rushed into the market. "There was quite a bit of a mad rush into the market by fund managers and later retailers who are
        Charts by Bridge info; Source: Bloomberg  -  1,822 words
  • Page 17 Advertisements
    • 513 17 NEWS VALUE Heavy buying by foreign funds fires up regional markets (pg I) Strong volume on SES suggests the uptrend is likely to continue. Japan firm in face of US trade threat (pg 1) Possible implications for financial markets worldwide may not have been fully assessed. YHS likely to keep
      513 words

  • Page 18 Advertisements
    • 78 18 Home Decor -For people who love their homes Wole Ifcnj 9L%. $b Sfyy or tint to when you can hold HA\ your fflA Seminars f\\ r ifi Meetings Luncheons Receptions Functions I River View Hotel I •Talks I I strategically located outside the CBD I J with close proximity to
      78 words
    • 68 18 PROFILE "It is in fact true that in our region, in our environment, we could hardly imagine economic advancement without economic freedom, and economic freedom without political freedom." *-j2 Nfcjpy K J^L J Ih mkl 'i «k Czech President Vodav Havel on the phlosopWc premises of the Velvet Revolution which
      68 words

  • Page 19 Advertisements
    • 671 19 AUCTION AND TENDER !3fi) n II V-*. 7 lOf WQBW r/7 f I•QIHUA t ILs/ J/ g uanow Date 17 May 1995, Wednesday Auction Type of No. of No. of Housing Auction I t SEC SCH 18 May 1995, Thursday Schedule Housing Land Units Deposit E a SyS j&y nX.
      671 words

  • Page 20 Advertisements
    • 376 20 4 J* 66 Hi, I'm Chanida Buranabutr, Managing Director friendly. They make me feel so much at home. opened. Good reason to come hack again sooner, of Communication Concepts in Bangkok. My joh You Singaporeans sure are hospitable. ha! Believe it or not, I ve often hopped aboard is to
      376 words

  • Page 21 Advertisements
    • 578 21 II LAND 5,000 sq.ft. to 20,000 sq.ft. I I BUNGALOWS: Built up 2,500 sq.ft. to 3,000 sq.ft. I I PRICE $170,000 to $270,000 I I TITLE Freehold. FIRB Approved I I FINANCE 30% downpayment, Interest I I LOCATIONS With Golf Course Views, Sea Views, I H Schools, University, Shopping Trains!
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  • Page 22 Advertisements

  • Page 23 Advertisements
    • 194 23 Financial fSSSSJ News KjHI A Quick Look At The I Market! Call 24 hours a day for I I SES KLSE midday I I reports, I market reports and business news. Cost: 30 cents a minute Organised by: An SPH AudioTex Service irr/WI #1 OFFSHORE I COMPANY SPECIALISTS I With
      194 words
    • 20 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words


  • Page 25 Advertisements
    • 57 25 •INVEST* antique a estate •YOUR NEXT WATCH- WOCHES The Rare and Unique PATEK PHILIPPE TIMEPIECES A by dedicated Old Masters. Er Classic period watches 7 now available in limited numbers. STOCKIST OF M I£td. LASER NUMBERED GIA MANUFACTURING JEWELLERS SINCE 1919 CERTIFIED DIAMONDS p ANY SHAPE SMALL TO LARGE 3
      57 words

  • Page 26 Advertisements
    • 68 26 Check out this month's offering from an exclusive private collection. Available now at a rarer-tban-rare price. r en^u r es P^ ease J anet Wottg/Lyna Tay at 734 2033Emerald and diamotnd brooch. Pear-shaped emerald weighing 23-75 carats. Mondial Ngee Ann City. 391 Orchard Road framed by 678 carats ofdiamonds 001-16
      68 words

  • Page 27 Advertisements

  • Page 28 Advertisements
    • 412 28 NOTICE NOTICE IS HEREBY GIVEN that, I LIM BOON SENG of Apt Blk 10, Joo Seng Road #04-100 Singapore 1336, have applied for a Beer House, First Class Licence in respect of premises at M/s STARSCOPE (S) PTE LTD at 8 Garden Avenue, #01-04 Sentosa, Asian Village Singapore 0409, and
      412 words
    • 517 28 BUS I NESS T E S TOLL-FREE TEL. No. 1-800-741-1883 FAX:"74I-1298 OFFICIAL NOTICE We, PACIFIC INTERNATIONAL LINES (PRIVATE) LIMITED. OF 140 CECIL STREET. #03-00 PIL BUILDING. SINGAPORE 0106, hereby give notice that in consequence of our intended purchase, we have applied to the Registrar of Singapore Ships, under Section 386
      517 words
    • 391 28 Mill/ Q] Jardine Strategic Annual General Meeting and Special General Meeting The Annual General Meeting of the members of Jardine Strategic Holdings Limited will be held at 11.00 a.m. on Tuesday, 6th June 1995, at the Princess Hotel, 76 Pitts Bay Road, Hamilton HMOB, Bermuda. The Annual General Meeting will
      391 words

  • Shipping Times
    • 293 29  - German terminal operator's cargo throughput up 11 By Rahita Elias SINGAPORE German terminal operator Hamburger Hafenund Lagerhaus AG chalked- up a double-digit inc. QreOse in tl*roughput last year, > tHJ revenue growth lagged. Cargo' volume jumped nearly 11 per cent to a record 19.6 million tonnes, but group turnover rose
      293 words
    • 265 29 Reuter PARIS Major French shipping groups Saga (Ste Anonyme de Gerance et d'Armement), Delmas-Vieljeux and Compagnie Generate Maritime will express their criticisms of the 1992 dock reform in a white paper they plan to submit soon to the new French government, Saga chairman
      Reuter  -  265 words
    • 999 29 Page Col ABC Containerline 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Line v 42 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 Arowana Shpg 13
      999 words
    • 212 29 SINGAPORE A conference and exhibition on multimodal transport in China will be held in Beijing next month. The exhibition will start on June 13 and the conference the following day. Both events, at the China International Exhibition Centre, will end on June
      212 words
    • 247 29 MBT KUALA LUMPUR The government will continue to keep an eye on the country's major ports to ensure that congestion and unnecessary delays can be overcome. Malaysian Transport Minister Ling Liong Sik has said. He said while the situation in ports
      MBT  -  247 words
    • 419 29 Knight-Ridder LONDON Trading in the tanker market slowed in the middle of the week, with little new business being publicly quoted and the amount of concluded business considerably down, although some brokers thought a reasonable amount of business was being concluded
      Knight-Ridder  -  419 words
    • 409 29 Bloomberg Business News SEOUL The weakening US dollar could mean as much as US$2OO million (SS27B million) in reduced profits for the South Korean shipbuilding industry this year, analysts said. But the strong yen is helping South Korea, the second largest shipbuilder
      Bloomberg Business News  -  409 words
    • 1663 30 WEAKER rates reported again on the Atlantic for capers and panamaxes have resulted in a further fall on Wednesday in the Baltic Freight Index, down 7 points to 2,328. Over-age tonnage featured most among lower grain fixtures with 1977-built panamax Suerte said to have been covered for 47,000
      1,663 words
    • 378 30 COURSES Title: Sea Transport Course (SDF 70%) Duration: May 17 Aug 23 Organiser Singapore Freight Forwarders Association lei: For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: International Freight Forwarding I (SDF 70%) Duration: May 25 Aug 3 Organiser Singapore Freight Forwarders Association Tel: For
      378 words
    • 858 31  -  Thailand's leading conglomerates are making plans to acquire full-scale merchant fleets to break the costly stranglehold of foreign shipowners. Alan Boyd reports on the first moves Alan Boyd The writer is a Bangkok-based journalist who contributes to BT TIRED of soaring freight
      858 words
    • 11206 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls
      11,206 words
    • SHIPS IN PORT
      • 617 41 •Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Pep*tut JurOflg Port Batam Spee<fc ****** P01A 12 05/2030 12.05/2230 I'AS 157/8 13 alongside 12.05/0930 Bin Belait 08E P01 12.05/1930 13 05/1500 Batam Iroah N195 11 alongside 1205/2300 Chu Nous 2 P08A 12 05/1300 14 05/0600
        617 words
      • 1896 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO m JIUWU ,Ml {RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO odwolnn Record BqokiniJtoBttt'*' ysdMH Ship Voy No Etb/Btr Penod A3 fiiA Ff§n To From Act Dais, 065A 14,0/00 3 12/0700 12/1159 12/1400 4 12/1200 12/1459 12/1/00 tVSL. 12/2359 Z*
        1,896 words
    • AIR AND LAND TRANSPORT NEWS
      • 378 48 NYT TOKYO Toyota, Japan's largest car maker, is considering its first permanent domestic plant closures, as a "last resort" to adjust to the yen's unexpected strength. Hiroshi Okuda, Toyota's vice-president responsible for finance, said on Wednesday that an internal research group
        NYT  -  378 words
      • 94 48 SINGAPORE The new Boeing 767 freighter for United Parcel Service is seen here taking on the shape of an airplane for the first time, as assembly mechanics join the main fuselage sections with the wings. UPS launched the 767 freighter programme in January 1993,
        94 words
      • 226 48 Bloomberg Business News CANBERRA Airport Group International Inc of the US, which is owned by Lockheed Martin Corp and Soros Capital LP, established a wholly owned subsidiary to participate in bidding when thifc Australian government leases the 22 airports
        Bloomberg Business News  -  226 words
      • 289 48 Bloomberg Business News ST LOUIS Trans World Airlines Inc has broken ranks with other major airlines and agreed to rescind a limit on travel agent commissions, but industry observers said the move won't prompt the biggest US carriers to
        Bloomberg Business News  -  289 words
      • 291 48 Bloomberg Business News WASHINGTON A federal judge approved a plan for eight of the nation's biggest airlines to give travelling state government employees a fare break under a US$4O million (5555.6 million) settlement of price-fix-ing allegations. The
        Bloomberg Business News  -  291 words
      • 218 48  -  By Ramesh Divyanathan SINGAPORE Dubai has set up a free port zone at its international airport to promote air freight, attract foreign investment and create new jobs. It will be the Middle Eastern country's second free port zone. The first is at
        218 words
      • LOG BOOK
        • 76 48 SINGAPORE Jaguar cars achieved an all-time monthly record with 48 units registered in Singapore for the month of March. The total delivered so far this year is 139 units, setting Malayan Motors on track for its target of 300 units this calendar year. Its
          76 words
        • 85 48 Reuter WINNIPEG, Manitoba Air Canada chief executive officer Hollis Harris says he expects revenue from international flights to double by the end of this year. "Transborder business last year made up 18 to 20 per cent of revenues and we are looking over the next
          Reuter  -  85 words
        • 110 48 AFP PARIS British Triumph motor bikes have taken the French market by storm in the last two years and sales in 1994 were 42 per cent higher than in 1993, the company said here on Tuesday. The marketing director of the French subsidiary,
          AFP  -  110 words
        • 62 48 Bloomberg Business News TOKYO A Finnair flight carrying 92 passengers was forced to rcti/rjn fa Kansai Airport for an emergency landing after developing engmc national NHK television reported yesterday. No one was m/ottxJ. Jjie DC-10's computer signalled overheating m the main engine ofr the right
          Bloomberg Business News  -  62 words
        • 57 48 Bloomberg Business News WASHINGTON Amtrak's plan to electrify its line between New Haven and Boston won approval on Wednesday from US Transportation Secretary Federico Pena, who said the change will slash the train ride between New York City and Boston from four hours
          Bloomberg Business News  -  57 words
      • 184 48 AFP MANILA The latest round of negotiations on "open skies" policy between the US and the Philippines have not made any progress, Philippine Transportation and Communications Secretary Jesus Garcia said on Wednesday. Mr Garcia said that the two countries could not
        AFP  -  184 words
      • 1808 48 ctt£ FidK eta mt eto_ nw* m nm n»_ Abu Dhabi GA970 2035 Hiroshima SQ977 1655 SQ978 0130 AdaiaMa SQ227 2230 Ha CM MMi City VN741 1310 SQ172 1000 Amsterdam KL837 1450 SQ844 0040 SQI7I 1445 VN740 1410 SQ327 1550 GA890 0205 GA839 2120 GA838 1610
        1,808 words
  • Page 29 Advertisements
    • 39 29 ""TMMIWiIIU IJIIM U llfLMf BIJLJJI 1 WEEKLY LCL TO: Algeciras Las palmas Barcelona Madrid Bilbao Tenerife Ceuta Valencia Major Thai exporters decide to go to sea, Page 3 Toyota considers closing down domestic plants as last resort, Back Page
      39 words
    • 27 29 Lines and services represented by Members of the Registry of Accredited (JhQß*) Shipping Agents, Singapore National Shipping Association. xfTwTx For advertising enquiries, contact Shipping Times: Tel 740-2089
      27 words
    • 59 29 The Art of making money is first having ,he Craft ML, SHIP FINANCING CALL US AT 2230 3 5 5 MA■ I M IT WITH TOU O DBS FINANCE I H«od Offict 112 Rofcxnvxi Road, MS Finance Building, Singapore 0106 STRAIGHT TALK You shouldn't have to read between the lines
      59 words

  • Page 30 Advertisements
    • 1411 30 V [!V fH^ I I OTHER DESTINATIONS I I NORTH AMERICA I I nuirTClHt Tf> WTWT WHTW WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) SINGAPORE CALIFORNIA EXPRESS (PWECT FROM WEST COAST) Jw ii"' |an "ioT T a an |Hount»'| cat mr mmco Iwr I a Iwnlfiaunud muml bwmwmml w cmbmlim
      1,411 words
    • 317 30 CONVENTIONAL INDONESIA SERVICE VESSa ETA ETD OESTMATXM "^'E SANWAUE 166 176 JAKARTA. SURABAYA CHAHAYA SEJATI 126 136 SEMARANG JAKARTA KURNIA SEJATI 206 216 JAKARTA. SURABAYA. PADANG WAUEDUA 256 276 JAKARTA. FULL CONTAINER SERVICE SINGAPORE TO JAKARTA VESSEL VOY STORE LOADING PORT CARAKA JN 3-9 SJ4B 176 JAKARTA (btrthng at W1)
      317 words

  • Page 31 Advertisements
    • 952 31 I UiU UASC SKUPKigmisag) issis^^Eassssa.9l P SIN PSO OXB I ShH AUH I DMM BAH OOH IBP BOM «N —s*— nT~m rm ST 31/5 it 3M 31* m albwoaicuiw is* sm 1* I'SSSf/JST IX i£ IZS *T 99* UI U u 7* M B* 7* M BM ZUHR CII7W 2M
      952 words
    • 660 31 ANL ANL. IT'S AUSTRALIAN FOR SHIPPING""^Jr TO AUSTRALIA (EAST COASTI FROM AUSTRALIA (EAST COAST! VfMCUVOr JKT r»G sap mk sto me* mm mm vesseuvot m m n mm hoi 1 JATAAARTA MS MM IIM ISM I7*S 38M I!* A SOW* 118 ISM ISM ISM. MM lAMVYTNAms ABOWAIIS n* IW !M1
      660 words

  • Page 32 Advertisements
    • 1203 32 vcsa w awwoff jEPOAH Mwr~ SOUTHOMTTOW hamiuk wnaoAM AMWP umm WWW* 02/1)1 12/5 2L2 M fjr— HOfQKTarttss 2&ZHI IA2 22Z5 HZS 14 14 14 gynmromss w/n» i«/s V* w j» H75iT~ M —873 57SH7i HMH—H4— MSHeiBWKS 22/120 2VS UZ* M OKm 10/320 27/S V* A M W ?l/t iBBBBIB IWT~
      1,203 words
    • 535 32 I- S'pora P BALABANI IN PT 11/5 Rdm/Atw/UK/Nantta I Loads E-/W. Malaysia. Indoo—ta I I Loading tor I AOCUNA Dubai/DarnmarVKuwat I NAZUK JeddaTVPort Sad I SAMMI FRONTIER (Xbai/DammarVKuwat/BaMram/Doha I *Load» Singapore, E7W. Malaysia. Indonaata I I Loading for SAMMI FORTUNE Los Angeles/New Orleans/ I CharlestorVNorfofc/Carnden I PAN QUEEN Lot Angataa/Naw
      535 words
    • 1354 32 I NORASIA 3i VBL/VOY SIN ALQ BCL »J SI MOTIVATOR 519W 2096 SMS 12AIS 1389 H« 1549 1M» 1689 1686 1789 -*ll SEA MTTUTIVE STOW 2486 1X96 17/96 IMB 1786 ISB6 1196 1996 1986 2986 WOR MALTA 9621-3 3186 2089 2X09 2489 2MM 2989 2989 27.86 2786 2989 I NOR
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  • Page 33 Advertisements
    • 812 33 imi STRAITS SHIPPING PTE LTD 10 Mm Chiaag Road *11-01 Keppal Towers Slagapora 0200 Tal: *****00 Fax: *****17 new guinea pacific une f&XgD SERVICE OF CHINA NAVIGATION CO) ACCEPTS V^VBn CARGO out SAILS >TiP<ffy y S venture vmme w,Sta«.twr 12 "f* «!S 15!S wo, vol comwmwam>wanwwtmiKm towm*mmmmmA a? sea- HSnsiS
      812 words
    • 1925 33 0 Singapore Agent: |JX7fl 1 l AfltQ 1 fIArC P&O Containers (Singapore Agencies) Pte Ltd X ULVr VAflllCl 1 IMVI 9 to Hoc Chiang Road. *0701 Keppel Towers. Singapore 0208 First Class Connections WORLDWIDE SaSiSSEBT rNocsp.^assMr/iawn EXPORT IMPORT J vessel VOV ANT OCT HOT HAM BRB SOU LEM ALQ JB>
      1,925 words
    • 488 33 KgjgTTWTWnTTITTT^^i a m Ikß| I 1 W |I k I I!SSSn l S a joh SN, m& 4^--^-• WAN HA*****1823 I7M 8806 1806 1606 17 06 1806 2806 1 1 355 i MAN HM 221 ***** 1808 11*6 ISO 6 18-1706 2106 2206 2306 2SO6_ 3806 JlO6. _8106 1 WAN
      488 words

  • Page 34 Advertisements
    • 458 34 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD ETA ETA ETA SPORE PORT KELANG PENANG BLUE JADE 1»5 17/5 loading tor Male IRUVAIHUOHU 22/5 Loading foe Japanese Ports I PIONEER SUPREME 256 LoaOng lor Mate J UMMEEDH 20/5 Loading tor Male PROGRESS LIBERTY 30/5 Loading tor Bangkok PIONEER ELEGANT
      458 words
    • 1151 34 OHANJIN SHIPPING BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 fft TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VSL SIN UNE HAUL SEA YVR POX FOR VSL SM UNE HAUL SAV ILM NYC HANJWI BARCELONAO23E 105 DOttCT 1/0 *0 HANJIN KUNSAN 115E 12A M PROGRESS 03* 15* 10/0 10/0 1W ORECT u M
      1,151 words
    • 41 34 SOON KIAT SHIPPING I PTE LTD i rssisr m REGULAR SBMCE TO SARAWAK ft BRMB SPO« Sri P»|«t 08-95 Suptnor Glory M 45 Port Miju Yonj Hm Birtnl"**'* ln Porl rmtce*um mi fcewryttfe la M Tm. w: awow rnca*M7i m iwnmm
      41 words
    • 1235 34 EUROPE/UK/SCANDfNA VIA/FINLAND/RUSSIA rjjl SGP ROM HBG THP ANW LHV LHV ANW THP HBG ROM PKL SGP tfl I. ROUNO RW-015 14/5 4* 2* 5* 6* 7* E 6ATHER RE -M 1 17/4 11/4 14/4 11/4 In Pi IB E. REACH RW-003 20* B* 11* 13* IB* 14* E GLOBE RE
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  • Page 35 Advertisements
    • 2096 35 I—^■—lW>^ BMBB CWMMCCC j EUROPE LAHKn BflkV WXSTOWE, ROTTBBAM MB HAMBURG w wmmh- «<>— ui»ufu* r .f,*sL cSvAttsmfpSefTtLTO gsasTSa*" ""Z'ZX'., ——'SSSff&m war aa® 8 sisE, SESKr S?skw"" Mr KO WNWMSI COt JAH ABMCtft mi SDK MO Ttl: 17-JSJSIH/117 Fit 17-MMITt Ta: U.S. Eaat Caast T Honjtaw»B/CMaa FrWT,: U.S.A. East Coast
      2,096 words
    • 663 35 <(£ FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT UNE: *****33 (30 UNES) GOTHENBURG/SCAN 15/05 ROTTERDAM 15/05 AARHUS/COPENHAGEN 15/05 HAMBURG/BREMEN 15/05 MARSEILLE/FRANCE 16/05 FELIXSTOWE/UK 15/05 BARCELONA/SPAIN 17/05 LEHAVRE/FRAWCE 15/05 GENOA/ITALY 13/05 ANTWERP/BELGIUM 15/05 LOS ANGELES/WC/IPI 15/05 SYDNEY/WELBOURNE 13/05 NEW YORK/EC 15/05 FBEMANTLE/ADELAIOE 18/05 VANCOUVER 16/05 BRISBANE 13/05 TORONTO/MONTREAL
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  • Page 36 Advertisements
    • 834 36 788 Fri* InPt Mon IS/8 > 1 BUNOA SEROJA "5073 Sun 14/5 Tu« ~ii/S~ 2773 Sun 14/5 Wd 17/5 THANA BHUM 121N Tu> 16/5 W*d 17/5 132S Tu>" 16/5 Fri 18/5 KOTA JAPE JADO6S Wd 17/5 Fri 18/5 608 Thu 18/5 Sun 21/5 f BUNQA SEROJA 507S Thu 16/5 St
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    • 941 36 79ANSON ROAD, *21-01, SINGAPORE 0207 TEL: *****92 FAX: *****57 CR f **********<fr STRAITS SHUTTLE SERVICE 3 PORT KLAWG PENANQ vessel vor sin phl vessel voy sin ra SEA LAUREL 386N 11/5 (THU) 12/5 (FRI) MCC CONVEYOR 5027 I(VS (WED) 12/5 (ERI) EAGLE BREEZE 203 A 11/5 (THU) (SAT) XOURJAYA *****
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  • Page 37 Advertisements
    • 905 37 f PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, *03-00 PIL Building, Singapore 0106. I CR NO: **********0E H MM. VOY «M CM M MOO JBO MM AO! MUK WU MM AM KOTA WUAYA WM 83/0 86/0 31/0 8/6 4/6 KOTA 06MUAN OML3IO M 8/0 M 10/0 IS/0 14/0
      905 words
    • 811 37 I CH NO: **********02 I VESSELS VOY "MMI™™1 LEHAMWE HAMBURG THAMES HUIIEHOAM AWTWgy BALTIC SKOU TOMV ISW6 «/06 16/06_ VLLEOEUBRA LOSVY 23/06 13W6 IMI6 17/06 16/06 10*08 VU£ DC NORMA HO9H 3UW 2006 22AJ6 24/06 26/06 V&LEDECARMA COW* 06*06 37/06 2ftQ6 WAX 7 02/07 08/07 ALSO ACCEPTHQ CARGO TO ALL
      811 words
    • 598 37 I BSfl |T MYANMA FIVE STAR LIME (Myanmar National Una) w Loading lor Yaitfon (Rangoon) Sport PKH KM PM| SITTWE VI 7t u.O PATHEIN VI32W SLO PAGAN V22OW 15/05 MALArSU AGENTS BOUSTEAO SMTPING AGENCIES km Si 3 17 "0- Til K-«3-37Min PEi: TEL 1244-2****** PGO TIL «-17 *****21/4 M NIGERIAN
      598 words



  • Page 40 Advertisements
    • 484 40 BNCHFBLDMAMNEAQENCES (S) PTE LTD TIL: *****33 (12 UNES) FAX: *****15/*****03 TELEX: RS ***** RBMP (3 Ukm) CR NO: 13TT*****00E U| v; ETHIOPIAN SHIPPING LINES t B 4 (Nationl Uses of EtWopta) V r ACCEPTING FCL AND CONVENTIONAL Vmml Voy KTA |Lo«dh«g»or AtotooyWom 44W8 06/07 «H om* l^s^r HKIEN HUNG LINE
      484 words
    • 550 40 mm AFGHANISTAN MAM Afghanistan Ltd., ■kJH Hairatan, Torghundi, Islamqala (Doqharun) Ifl&lfl C.1.5./RUSSIA: Alma Ata. Ashkhabad. Baku. Dushanbe. I 11T1 Irkutsk, Khabarovsk. Krasnoyarsk, Korsakov, Moscow. Mllltzer a Mimcn Novosobirsk, Sochi. Tashkent, Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO west coast south america
      550 words
    • 325 40 rli MM ftftMTAIMPn IMM IMC Afawti: MAC4BELI SPOWE: *****22 (24 UMES) v* J PHINOiiaOM7MMM S«U (084) *****8 KUCHM0(082)*****3 4 PENANG (04) *****6 BANGKOK (882) *****87 MAMLA (832) *****81 P. KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****8 I ASIA HKG/TWN/BKKI GENOA/EUROPE I Zm m S nnmnmmm mm S 16/5
      325 words

  • Page 41 Advertisements
    • 284 41 SINO EXPRESS SHIPPING (PTE} LTD. 'MM I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE 0104. W m TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI SPORE HKQ SHAI VESSEL VOY ETA ETP ETA ETP ETA ETP J. FASTER 9509/9510 16/5 17/5 22/5 23/3 26/5
      284 words
    • 916 41 vtMtl J& ZSBL-JSa BBM S® BB—JBL--BSL- W* K ELK 3186 MM WW WW WW WW WW WW WW WW L'SSKIi 52* J!" IAW NO HONGKONG 1106 12 OS 11W WW >11# WW WW II" 21W MS LA SEINE WW 15 OS 111 WW 21W MM M M WW WW "W
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  • Page 42 Advertisements
    • 1432 42 ■Bimrn U.S.A. CANADA 3 TIMES A WEEK MARCHED MAERSK V.fSOi ETA SIN IiTH MAY 1 »»5 ANNA MAERSK V.fSIO ETA SIN I7TH MAY IMS MARIT MAERSK V.9506 ETA SIN 23RP MAY 1995 I destinations Nut wfcMAWMA Not wwfc 6TH STRING MARCHEN MAERSK V.9606 ANNNA MAERSK V.9510 Hi MO^H CY-18/5 1«B0
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    • 594 42 I MfflgUoyd FULL CONTAINER SERVICES una m WW ja Iwrl cm im nam mm w mt HMWURG UN NFI2I 11* 1M 1I» tM uincuou weut iw t«» nuCA W IMI IM IMt *2 a«» IMI Dsanuimc wru* iw iw iw itw V 0 IMA H6S2I IMI MM OM IMI IMI
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    • 743 42 TO E. CANADA US ATLANTIC US GULF LOADING VOY I SPORE P .KELANQ HALIFAX NYORK NORFOLK NORLEANS SAVANNAH TAMPICO HOUSTON HOEQH DRAKE 0430 15/16 May 9M*yD 20Jun 23Jun 25 Jin 3JU 2#A*i 7A4 12JW HEOGH DYKE 0630 27/25 22Mayp) TJU 10Jul 13 JU 20 Jul 16 AJ 24 JU 29
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  • Page 43 Advertisements
    • 904 43 TWO SAILINOS/MONTH EX AUCKLAND I Cor^iinef/Boßo/BrMkßulkSe^ Jw/IHEIAfS£M ■J.HJ.HLII.IJIII--I'JI.IIIUI| mmm i //v£S r-m 11 iiiniiMßiifiii iii»« SERVICE SGP/S.E. ASIA PANAMA/NORTH AMERICA (INCL HOU*) rag j—ss: —i— rar Ivul UK I Se kh u/u c» «u uv mi im i ibt row iBE lilglglJilißlglilglglglßl- g llTltll MSO kCCBVm UJtGO TO FOUOWW6 OeSWAIXXfi.-
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    • 635 43 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE vessel voy I tm Karachi SAR6OOHA 15S-WW »M» IMP mam m-iw 10/00 i%m MiM 1&0-HW 21/00 Mm HYDERAOAO 141-HW »M 7 17/07 m anu cau euu roars wun to immmximt FAR EAST CONTAINER SERVICE ONLY VESSEL VOY I SIN I H«G
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    • 677 43 PULL CONTAHtBR BBRVICB PROM MM TO IRAORAB VEUCUVOY ETA SM ETA MAA WV. MUVOMSK V IS M PORT IS-ISOS WV. TMCR WLAMO VJHW M PORT 20-21 AS WV. TKJCR SMOOE V 330N IS-ISW 21-24 AW WV PESTOVO V.l» IS-17WS 21-2*09 WV. BUNOA TENATAI V TOOK 17-IHS 22-2 MIS TXJEA MY
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    • 324 43 piiiiiii SIM FAR EAST 16/5 KEELUNG/KAOHSIUNG 14/5 BANGKOK 15/5 MANILA/CEBU 15/5 JAKARTA/BELAWAN/SURABAYA 15/5 PORT KELANG/PENANG/E. MALAYSIA 14/5 BUSAN 14/5 TOKYO/YOKO/KOBE/NGO/OSA 15/5 HONGKONG SIM CHINA 15/5 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOtJ DALIAN/SHANGHAI/XINGANG TIANJIN/OINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 16/5 LON/FLX/LVP/SOU 16/5 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 15/5 LOS ANGELES/NEW
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  • Page 44 Advertisements
    • 667 44 STAR SHIPPING AGENCIES (S) PTE LTD I Aomtnmt ZIM CONTAINER SERVICE GOiO STAR UNI LTD SITH SHIPPING CORPORATION TELEPHONE: 220*666 (8 LINES) FAX: *****70 tt *****12 (HMKITIHC) (Q NO. **********0*) N. AMERICA/CAR lIBtAN SIRVKIS ißi&lftllTßF VW JE 11/J Z.JAP4HIH 14/4 M/ 4 1/7 J/7 ZMUOMSMM 1441 »/J Z. CANADAIM 14/4
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    • 344 44 9 Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY 40U COC MANASLU 012 14« M. KURAKO MKO4W 17« 01/06 SEA GLORY GLRO43 2SA» KOTA MUTIARA MUTQOO 31A» MANASLU 013 HOCHIMINH/HAIPHONG I VESSEL VOY SIH HC44 MPM VYSOKOGORSK 075V96 SAILED GORNOZAVOOSK 01SVM 28A» GORNOZAVOOSK 025V96 0M» GORNOZAVOOSK
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    • 154 44 y Conferm CONTKRM FREIGHT (F.E.) PTE LTD. AUCKLAND 18 MAY [Accepting to «M New Zealand ports) PENANG 14 MAY JAKARTA 19 MAY PORTKLANG 18 MAY BANGKOK 14 MAY MANILA 14 MAY KEELUNG 16 MAY MELBOURNE 18 MAY SYDNEY 18 MAY BRISBANE 18 MAY FREMANTLE 18 MAY ADELAIDE 15 MAY I^^WTHENW«G^^^l3MA^^^|
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    • 588 44 CONSOLIDATION TO LIMASSOL T ~"SL3S-""- ACCEPTING LCL CARGO AT m ii' ATTRACTIVE RATES iso*><».V««A TniiLshipmeiii a>aiUMe i« Beirut, Lattakia via Limassol A- -I Call Te at DID 277 1064 for bookings NOW!!! 5«l 1668 272 9838 ».TTBQHT mk ANO LOGISTICS SERVICES MM Also has offices in:MALAYSIA THAILAND PHILIPPINES (CISSfcl h()m;k()m;
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  • Page 45 Advertisements
    • 1768 45 W SUNSHIP AGENCIES PTE LTD 20 McCaUum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****06 CR No.: *****8 200 OOR Y.S.N. i t ■gg i W i .lif—-sa ttMWOMfOtot M IHW 17-11/8 ImHXto 33A 171 M K-24/8 I -V Ut 71 24-2 M 39-31/5 3 S*
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    • 356 45 (AMfIULY-UMUJ IUNIMfIYOFML) Seabi^ INTERNATIONALE SPCDmON MAIN UNE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETD ETA COLOMBO 17/06 22/08 CHITTAQONO 10/06 22/06 CALCUTTA 16/06 22/06 BOMBAY/NflW DELHI 16/06 24/06 KARACHI 16/06 24/06 MADRAS 16/06 22/06 USA/EUROPE ETD ETA USA (ALL INLAND POINT) 16/06 22/06 EUROPE (ALL SAM PORTS) 17/06 24/06
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    • 697 45 'NEPTUNE AMAZONITIISW' ETA SOP 20/05/951 I ETA RDM 05/06/95, FIX 07/06/95, I SRE OS/06/95, LEH 10/06/95 wain. "taT" toe mam wo aarr I *tl" oca|^i!w CALIFORNIA JUPITER 81 IN PORT 28*05 31 OS WW OMt I 04« O&Ot Q2/M 0M» OMK OmT Ot/to KASUGAI *36 17/06 OMU 05/06 07/06 0M»
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  • Page 46 Advertisements
    • 1435 46 AMERICAN PRESIDENT LINES, LTD. 9 KEPPEL ROD *02-01 JT POH BUIUXNG SINGAPORE 0806 MAIN LINE 22M8M CUSTOMER SERVICE 225-1225 FAX 22V-W22 EAGLE VOCE 3gl»4M CFS 270TOHOtTO* AMOTCAfcCAHADA-- W»«Ujr —WVCB MHB ra pp. I w IJTT IB iHHyjgg \tn low imi icm O**. |*W im lure it* I«| MTMUR MM MM
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    • 1345 46 ASAGBITS: H" UNI (WMQATOHBJ PTI LTD (CW mt iMKTMWuriTIB MO: WWW TEL *****77 TELEX KAWAKJ R*****5 FAX *****1^7/^9 ■A V TMI? MALAYSIA: "K" UNE MAfVTMi (MALAYSIA) SON BHD U Pi TEL SA *****00 PK *****75 PEN *****20 JB *****01PGU*****256 1 MDONE9A: P.T. SARAHA LAUT MTBRNUSA, TEL JKT *****06 /IXKWT M.AMH«»P*OWIOtOOTIW«»T
      1,345 words
    • 308 46 mmm ISLAND UNE PTE LTD MMM fililii) tflUSmH^Grmf 2M CANTOMMVT MM MI-11SOHTWOMT J IB: IM4SS7 Ml: 1M2504 INTRA-ASIA CONTAINER SERVICE WEEKLY SERVICE TO INDONESIA YPUMU I vSim 1 —m OOCTaaao* ieo IM I*s^ BE I a I i =r= sb =%==g =d i£ WEEKLY SERVICE TO WEST MALAYSIA r <&ttC.hjß
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  • Page 47 Advertisements
    • 479 47 I HYUNDAI MERCHANT MARINE CO. LTD. j WESTBOUND TO EUROPE BKG: *****61 [nu fin ko vissa vw 5 itm fin [~uii ham mi: Tm 11/45 12/05 13/05 H. FtONTU 314W 15/05 01/04 04/04 01/04 04/94 04/04 04/04 17/05 10/05 20/05 N. COMMANDS IISW 11/05 00/04 11/04 01/04 11/04 11/04 13/04
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    • 376 47 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO SO TONS Tn» n* LOADING K» *e» w.m n» OMMTMS 1 an (UOfING li/i BNTUUI 10/S to. mm »/v saaoui NAGOYA M/$» TOOYO 1/4 o*2 NOUS I HPT IS/OS COSMK HONCI! 44
      376 words
    • 621 47 Bcpoßnp^ JEDDAH/UK/CONTINENT VBS&/VOT S'POH MO rwui route MM $70N UH AN. KaUm C*n Nr UMM 110$ IS/05 25/05 M/M M/M 04/04 os/M tOlltNMa MNNMN MM!IOS 10/0$ N/04 M/M M/M 10/ M *MMM4».MMM.OMMM MIOTOMtKA 1105 77/0$ 01/ M ls/M 11/ M 11/0* 11/ M I'lV NMM«w—Mi.OiMNwOMOOi nmtnm AMMRM tato. ttoMo MEDITERRANEAN
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  • Page 47 Miscellaneous
    • 328 47 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 M 1.7 1.3 1.0 0.9 0.9 1.0 1.4 1.1 2.3 2.5 2.5 2.2 I t 1.3 1.0 0.8 0.8 0.9
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  • Page 48 Advertisements
    • 58 48 INVESTMENT 1 Tomorrow in Business Times PRIRAMA MARITIME PTE LTD This is to inform that Mr Suvendu Bose, I Indian Passport No. F*****8, is not in I the services of our Company any longer. I Therefore he is not authorised to represent/ I transact on behalf of our Company. I
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    • 39 48 J INVESTMENT 1 Tomorrow in Business Times KIMTRANS JV CARPENTARIA (S) PTE LTD 49 BEACH ROAD, #05-00 HEXAGON HOUSE, SINGAPORE 0718 TEL: 337 1117 FAX: 336 5488/337 5488 CONFIRMED SAILING EX SINGAPORE 20/5/95 HEAVY LIFT TO 80 TONS AVAILABLE
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