The Business Times, 31 May 1995

Microfilm: NL19983
Total Pages: 98
1 98 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 194/12/94 Wednesday May 31 1995 85*
    13 words
  • LATESTS
    • Article
      Lock icon Dow up 5 points
      37 1 Reuter NEW YORK Stock prices rose yesterday after early prof-it-taking. At 2 pm EDT, the Dow Jones Industrial Average was up S.lB points to 4,374.18. Turnover was 160 million shares at 1 pm.
      Reuter  -  37 words
    • Article
      Lock icon NY pension funds may turn to new markets
      62 1 Reuter NEW YORK New York state's public pension funds totalling US$6O billion are preparing to enter the international fixed-income market, a moved welcomed by bond traders. The state legislature is considering a measure that would allow the funds to invest up to
      Reuter  -  62 words
  • Article
    Untitled
    168 1 Stock Market indices Tuesday Chance STII 2,162.48 +8.08 KLSE Comp 1,050.00 6.52 Nikkei ZZ. 15,762.97 +188.94 Hang Sena 9,245.30 -70.87 SET Index 1,354.91 -27.17 Jakarta Comp 475.14 +2.38 Manila Comp 2,763.31 +18.94 Taipei WPI 5,647.07 49.63 Seoul Comp 881.8 -5.7 Bombay BSE30 ..3,276.44 26.89 CLSA China B 785.75 -3.06 Ausl
    168 words
  • Article, Illustration
    Regional growth a challenge for S'pore banks: Seah
    414 1  -  By Shiv Taneja SINGAPORE The challenge for the local banking industry is how to position itself regionally to help raise equity and debt capital and provide financial advisory services, says Peter Seah, chairman of the Association of Banks in Singapore. In an
    414 words
  • Article
    Lock icon Bad loans of 11 big Japanese banks hit 18.6 trillion yen
    278 1 AFP TOKYO Bad loans at 11 major Japanese commercial banks totalled 18.6 trillion yen (***** billion) as at the end of March, the Asahi Shimbun reported yesterday, quoting figures submitted to the Bank of Japan. The figure is more
    AFP  -  278 words
  • Article
    Lock icon S'pore inspectors say parts of UK paper's Barings report incorrect
    237 1 Reuter SINGAPORE Singapore's joint inspectors investigating the Barings collapse have said parts of a Financial Times (FT) report about their alleged findings were incorrect. "The reference to certain findings having been made by the inspectors is... incorrect," said a written
    Reuter  -  237 words
  • Article
    HK stock exchange to censure prominent businessman
    357 1  -  From Steve Vines in HONGKONG THE Stock Exchange of Hongkong last night decided to censure Tsang Hin-chi a wellknown businessman close to the Chinese government for failing to disclose a criminal conviction when he was on the board of Den way, at the
    357 words
  • Article
    Broking directors' hefty payouts unlikely to rise this year
    334 1  -  By Quak Hiang Whai SINGAPORE Directors of Kay Hian James Capel Holdings collected $14.3 million in remuneration last year, the company's annual report shows. This was a slight drop from the $15.5 million paid in 1993. With 12 members on the
    334 words
  • Article
    Lock icon China to raze illegal buildings
    191 1 Rcuter BEIJING China yesterday announced a drive to raze unauthorised buildings which have sprung up in a two-year-old construction frenzy that has spurred inflation and stolen precious farmland. The drive to remove illegal buildings is part of the construction ministry's "Year of National Urban Planning"
    Rcuter  -  191 words
  • Article
    Firmer dollar fails to lift regional markets
    308 1  -  By R Sivanithy SINGAPORE Regional equities yesterday ended mainly lower in quiet trading, despite a slight firming of the US dollar. Investors were said to be unprepared to raise their bids until New York resumed trading after a public holiday on Monday. In
    308 words
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      276 1 ■k S mf Centrepoint #01-30, Tel: 737 4509 Spore New 2 S pore* sta —19.20 Rceonal News 4.6.8 Financial 23.24 Work) News 11.12 r »■>■»! Mariwts Analysis 17 Qob/KLSE. SES 28-30 Edtoral 16 R«g»nal 26 Sports 13 World .27 TV/West* 15 Currencies 2« Report Focus 9 Simo/Commo 24.25 ilhwlpttw Tel
      276 words
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      14 1 Regional Analysis: Pg n Manila's trade challenge Insurance 9 !yS^j3j|^^jJ^oj8B(Jjj^^ A special BT supplement
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      31 1 Hock Lock Siew: pg 19 Parkway looks good for the long haul URA auction of Pagoda St shophouses meets cool response Pg2 Oei to quit as Ming Pao chairman, Pg 21
      31 words
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      111 1 Bottom Line: Pg 18 What trans-Atlantic initiative WtKBBk MPptBP WMggh- JPp?s?prjJ•«" Jr sw fflni v AIPf mm x Incredible? Not if you have the Canon Family Copier at home. It's so compact, convenient and fun to use that anybody can make copies from it. Even your mom! And, Canon's unique
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      9 1 w t, "lHl sho Regional market reports, Pg 26-30
      9 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon February non-oil shipments up 10%
        296 2  -  By Rahita Elias NON-OIL shipments through Singapore's sea gateways jumped 10 per cent year-on-year to 12.9 million tonnes in February. By comparison, Singapore's non-oil throughput growth had been just 5 per cent in the same month last year. In February this year, growth was propelled
        Source: PSA  -  296 words
    • Article, Illustration
      Lock icon Response cool at auction of Pagoda Street shophouses
      503 2  -  By Michelle Low THE URBAN Redevelopment Authority's latest auction of six Chinatown shophouses elicited a cool response from buyers yesterday. Of the five 99-year lease Pagoda Street parcels sold, all but two were sold at opening prices. One parcel was withdrawn after
      Photo by Chris Loh  -  503 words
    • ROUNDUP
      • Article
        Officials to meet on growth triangle
        91 2 SENIOR officials from Singapore, Malaysia and Indonesia will meet in Riau from June 1-2 for talks on the Indonesia-Malaysia-Singapore Growth Triangle. It will be their first meeting since the memorandum of understanding for the growth triangle was signed in December. Leading the Singapore delegation
        91 words
      • Article
        Former JLW boss to build team of 80
        89 2 FORMER Jones Lang Wootton head Edmund Tie will build up an 80-strong team for his newly formed consultancy Edmund N S Tie and Co. The recruitment drive, started two months ago, had already drawn top quality applicants, Mr Tie said. The company
        89 words
      • Article
        British business group elects president
        33 2 SAM Bonifant was elected president of the British Business Association (BBA) at its Annual General Meeting yesterday. Mr Bonifant is managing partner of the law firm Clifford Chance.
        33 words
    • Article, Illustration
      Labour shortage a headache for IBM's drive plant
      432 2  -  By Claire Leow IBM Storage Systems Division (SSD), which needs to double its manpower to 1,400 to cope with its production expansion, is facing a recruitment problem. The high-tech drive maker's new factory at Kaki Bukit will soon get new equipment to
      432 words
    • Article
      ERA subsidiary gets ISO 9002 certification for property services
      186 2 REALTY International Associates (RIA), a subsidiary of ERA, has achieved ISO 9002 certification for valuation, property management, publication and real estate training RIA, which has also been appointed by the Housing and Development Board (HDB) to be on its panel of
      186 words
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      174 2 UIHUIV PRODUCTIVE nIUnU ACCOUNTING CASH MANAGEMENT SOFTWARE. Easy Cash handles your finances, monitors your company's performance and provides cash flow nalysis. For me complete solution, call 278 0097. flrtstiv* Seminars to Suit Every Need The Orchard Parade Hotel's banquet department has the expertise and facilities to satisfy your seminar requirements.
      174 words
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      27 2 Find a new rider for your wheels Pedal your wheels to all kinds of people and clean out your store room with a convenient, fast-acting classified ad.
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      300 2 Straits Steamship Land Limited (Incorporated in the Republic ot Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Notice is hereby given that an Extraordinary General Meeting will be held in the Straits Room, 10 Collyer Quay #29-00, Ocean Building, Singapore 0104 on Friday. 16 June 1995 at 10.15 a.m. or immediately after
      300 words
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  • SOUTH-EAST ASIA
    • NOTE BOOK
      • Article
        Lock icon KL workers not learning fast enough?
        56 4 Reuter KUALA LUMPUR Malaysian workers are not picking up skills fast enough to meet advances in technology and rate only average among Asian workers, a report from a Hongkong-based think tank said yesterday. "Recruiting suitable staff is becoming increasingly difficult (in Malaysia)," said the
        Reuter  -  56 words
      • Article
        Lock icon Suharto likely to run again: report
        90 4 Reuter JAKARTA A US academic yesterday said Indonesia's President Suharto, already one of the world's longest serving leaders, was likely to run for a seventh term as president. "There are signs of this," said William Liddle, a professor of political science at the Ohio
        Reuter  -  90 words
      • Article
        Lock icon Getting tough with illegal recruitment
        73 4 AFP MANILA A special presidential commission yesterday proposed the formation of special courts to try cases of illegal recruiters of workers to minimise incidents involving undocumented Filipino overseas workers. In a report to President Fidel Ramos, the commission also proposed legislative measures that will curb
        AFP  -  73 words
      • Article
        Lock icon lark of safety measures in Viet plants
        60 4 AP HANOI Many foreign joint ventures routinely ignore safety conditions for their Vietnamese workers. A survey of factories owned by foreigners in Hanoi and Ho Chi Minh City has revealed that none of the plants using modern technology were meeting the government's health
        AP  -  60 words
    • Article
      Lock icon S'pore, Jakarta to strengthen police, immigration links
      217 4 The Straits Times JAKARTA Singapore and Indonesia are agreed on the need for stronger ties between police, immigration and drug enforcement officials from both countries, given the growing interaction in trade, tourism and other sectors. Singapore Home Affairs Minister Wong Kan Seng said
      The Straits Times  -  217 words
    • Article
      Lock icon Philippines welcomes S&P's upgrading of its credit rating
      375 4 Reuter AFP MANILA Standard and Poor's decision to raise the Philippines' credit rating will give the country a powerful boost as an investment destination, Finance Secretary Roberto de Ocampo said yesterday. S&P, the international credit rating agency, earlier yesterday said it was
      Reuter; AFP  -  375 words
    • Article
      Lock icon Jakarta is cool and KL angry over Canberra spying report
      153 4 AP Bernama JAKARTA Foreign Minister Ali Alatas yesterday shrugged off a report that Australia spied on the Indonesian embassy in Canberra, saying espionage is a common practice in diplomacy. "Espionage is a part of in-ter-nations life," he said. But, Malaysia,
      AP; Bernama  -  153 words
    • Article
      World Bank urges Hanoi to axe turnover tax on banks
      446 4  -  By Harish Mehta SINGAPORE The World Bank has strongly urged Vietnam to scrap an unpopular turnover tax on banks, and end discriminatory tax policies that penalise domestic banks and favour foreign banks. In a recent report, Viet Nam Financial Sector
      446 words
    • Article, Illustration
      Lock icon Slowly does it
      37 4 Reuter MANILA A Filipina housewife being lowered from her nth-storey flat yesterday after a fire broke out at the Avalon condominium complex here, nearly trapping several Japanese and Taiwanese nationals in the building. Reuter
      Reuter  -  37 words
    • Article
      Lock icon Viet inflation in double-digits after just five months
      119 4 Reuter HANOI Vietnam has surpassed its target inflation rate for the whole of 1995 after only five months, notching up a cumulative 10.5 per cent. The General Statistical Office yesterday said rising prices for food, up 2.6 per cent in May; and
      Reuter  -  119 words
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      197 4 f 1 French Consumer Goods Exhibition Shanghai 1 9 5 < > Paris Shanghai: r JPL Business Does Mix With Pleasur^ II CREATIVITE ET QUALITE mfc French products are renowned for their g tudorik sophistication and quality, and Shanghai is rapidly The French Consumer fBKHtf internationalizing and becoming Goods Exhibition
      197 words
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      154 5 Millenia J?*?*>' &ki -'-V TOWER ppp9 W °ss=r W CENTRAL BUSINESS D,ST RI CT. H THERE AREN'T MANY WORLD CLASS OFFICE if!**'j|||J j! 5 j« TOWERS IN SINGAPORE A STONE'S THROW AWAY fl ■■jS S "!.il§i j ll FROM FIVE 5-STAR HOTELS, 1.5 MILLION SQ. FT OF |J»»'*'* |||l J
      154 words
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  • CHINA/ HONGKONG/ TAIWAN
    • Article, Illustration
      Lock icon New airports proliferate in southern China
      434 6  -  Demand fuels construction but analysts question need for so many From Steve Vines in HONGKONG CHINESE Premier Li Peng yesterday opened a new airport in Zuhai on the southern tip of China, opposite the Portuguese enclave of Macau. And in doing so, he put
      AFP  -  434 words
    • Article
      Lock icon Taiwan PM says its economic future depends on Beijing
      337 6 Reuter AFP TAIPEI Taiwan's economic future depends largely on its political arch-rival China, which by 2000 will become the island's biggest trade partner and a major source of funds, Taiwan Premier Lien Chan said yesterday. His unusually upbeat remarks came days
      Reuter; AFP  -  337 words
    • Article
      Lock icon Five N-E Asian nations sign regional trade, investment pacts
      258 6 AFP BEIJING Delegations from five North-east Asian countries signed three agreements here yesterday, aimed at strengthening the management and operation of the Tumen River development area, bordering China,' North Korea and Russia. The other partners in the Tumen River Area Development
      AFP  -  258 words
    • Article
      Lock icon Jobless rate in HK likely to jump to 3.2%: bank
      177 6 AFP HONGKONG Unemployment in Hongkong will leap to 3.2 per cent this year, but no relief is in sight from eight painful years of inflation. Hang Seng Bank Ltd said yesterday. In a gloomy monthly economic report, the bank said
      AFP  -  177 words
    • CHINA WATCH
      • Article
        Lock icon Taiwan passes expansionary budget
        64 6 AFP TAIPEI Taiwan's parliament yesterday approved an expansive budget for the financial year beginning July, with a 12.2 per cent increase in government spending, parliamentary officials said. Parliament finished the third reading of the NTS 1,155.2 billion (Ss63 billion) budget, after slashing NT$2O.2 billion, or 1.7
        AFP  -  64 words
      • Article
        Lock icon China keen to join trade group
        76 6 Bemama-Kyodo MANILA China is seeking membership to the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), a grouping of business chambers from 18 countries in the region. A palace statement yesterday said CACCI president Alfonso Yuchengco told President Fidel Ramos during a call
        Bemama-Kyodo  -  76 words
      • Article
        Lock icon Talks resume on HK appeal court
        71 6 AFP HONGKONG Britain and China resumed talks yesterday on creating Hongkong's final court of appeal before 1997, amid fresh Chinese allegations that London was playing "petty tricks" with the issue. Going into the two-day meeting, British negotiator Richard Hoare said it was still Britain's
        AFP  -  71 words
      • Article
        Lock icon 300 Chinese farmers get compensation
        85 6 AFP BEIJING Nearly 300 Chinese farmers in a north-eastern province have been awarded compensation totalling 470,000 yuan (S$80,000) after being forced to sign a farming agreement by their village committee, a report said yesterday. The farmers had signed a contract in 1993 with a seed
        AFP  -  85 words
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      301 6 the new Brother Fax 620, with an l V system and automatic H H I I cutter irons out this horrible, The Brother Fax 620 comes loaded with all the features you'd expect from a leading Japanese name: "Smoothing" Enhanced Image Resolution; 32 Gray Scale; 15 Station Memory; Enhanced Remote
      301 words
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      310 7 LEAVE YOUR MARQUE WHEREVER YOU GO. JmKtKKKffff 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.
      310 words
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  • ASIA
    • Article
      Lock icon Japan's jobless rate hits record 3.2%
      439 8 Strong yen, Kobe quake prompt job cutbacks Reuter TOKYO Japan's unemployment rate rose to a record 3.2 per cent in April as companies struggled to ease the economic toll of the strong yen and the Kobe earthquake by cutting back on jobs. The government's
      Reuter  -  439 words
    • Article
      Lock icon Indian govt still set on holding elections in troubled Kashmir
      320 8 AFP NEW DELHI The Indian government remains determined to hold legislative elections in strife-torn Kashmir this year despite its decision to extend federal rule over the Himalayan state, officials said yesterday. "We will go ahead with the polls," said an
      AFP  -  320 words
    • Article
      Right link-up looms in Japan as hard-line mood takes hold
      509 8  -  From Anthony Rowley in TOKYO CONSERVATIVE elements from both government and opposition parties are expected to join forces to contest what could be an early double election for the upper and lower houses of Japan's Diet. Political analysts believe the
      509 words
    • Article, Illustration
      Lock icon No turning back on market reforms, says Indian minister
      371 8 AFP NEW DELHI Indian Finance Minister Manmohan Singh yesterday said his five-year-old market reforms were here to stay, but ruled out sweeping privatisation in the world's largest democracy. "No power can stop an idea whose time has come," Mr Singh said,
      AFP  -  371 words
    • ASIA NOTES
      • Article
        Lock icon Spending boost for Japan telecoms
        58 8 AFP TOKYO Japan's telecommunications industry is expected to boost capital investment by 13.8 per cent to 3.5 trillion yen (5558.4 billion) in the year to March 1995, compared to the previous year, officials said yesterday. One area Japanese telecommunication companies will target is the portable
        AFP  -  58 words
      • Article
        Lock icon Rising yen bumps up S Korea's deficit
        121 8 AFP SEOUL The sustained strength of the yen helped push South Korea's current account deficit to USSB3O million (SSI.I billion) in April, 250 per cent higher than the same period last year, the central Bank of Korea (BOK) said yesterday. The Apn figure
        AFP  -  121 words
      • Article
        Lock icon Call for Indian bond market watchdog
        120 8 Reuter BOMBAY India should move towards a single regulatory authority and set up a clearing house for coordinating settlements to activate its bond market, a study commissioned by the Worid Bank said. India's bond market is subject to regulation by multiple authorities including the
        Reuter  -  120 words
      • Article
        Lock icon Aussie small businesses feel pinch
        106 8 AFP SYDNEY Australian small businesses reported their worst period sincc 1993 in the three months to the end of April, according to a survey released yesterday. The survey of 1,000 businesses employing fewer than 20 people, compiled for the Yellow Pages Small Business Index, indicated
        AFP  -  106 words
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      232 8 Should we usecranes Where should the nose of the aircraft to lift the turbine? of dSEder? during U»ding? within the aircraft? I. the weight How many pounds within the can the cargo r What is the minimum At what speed floor load limit lifters handle? Can the tie-down requirement for
      232 words
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  • REGIONAL FOCUS
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      178 9 WALES HOUSE SYDNEY, AUSTRALIA Located corner Pitt and Hunter streets, Sydney Existing 14 level prime CBD office building A Sydney landmark, Wales House is for sale with freehold title and a leasebock to Westpac Banking Corporation lor a flexible period of up to 4 years, negotiable. Constructed in 1922 Wales
      178 words
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  • THE WORLD
    • Article
      Lock icon Cardiff's set to carve niche as regional business hub: report
      322 11 FT !FF The Welsh capiardiflf is expected to be est growing British conii over the rest of the and could become a fiand business services :o rival other European I centres, says a report ropean regional prosreport, which was reyesterday
      FT  -  322 words
    • Article
      Lock icon IJK firms upbeat on Treating more jobs, lifting investment
      347 11 Bloomberg Business News LONDON UK businesses will create jobs and increase investment during the coming year as sales and purchases grow, says a survey by the Chartered Institute of Management Accountants. But the twice-yearly survey of CIMA's members, including financial directors
      Bloomberg Business News  -  347 words
    • Article
      Lock icon US gaming industry plays its ace hand
      330 11 AP WASHINGTON When Clinton administration planners were pondering ways to pay for health-care reform last year, a new idea suddenly surfaced: a 4 per cent gross receipts tax on gambling. Although the proposal ultimately went nowhere, it did provide a dramatic wake-up call
      AP  -  330 words
    • Article, Illustration
      Lock icon Dallying with Dali
      28 11 Reuter PARIS Tourists are dwarfed by a Dali sculpture displayed at the Place Vendrome on Monday. The exhibition groups 17 sculptures by Salvador Dali. Reuter
      Reuter  -  28 words
    • Article
      Lock icon S Africa launches housing plan targeting the poor
      238 11 AFP EAST LONDON, South Africa The government and private banks on Monday launched an ambitious programme to allow millions of the poorest South Africans to build their own houses. Housing Minister Sankie Mthembi-Nkondo said six million copies of a booklet explaining how
      AFP  -  238 words
    • Article
      Lock icon EU ministers hit out at US sanction threat against Japan
      331 12 Reuter BRUSSELS European Union foreign ministers waded into the simmering trade war between Japan and the United States on Monday, condemning Washington's threat to impose trade sanctions on Tokyo over car imports. "The EU Council of Ministers would emphasise its
      Reuter  -  331 words
    • Article
      Lock icon French premier implicated in graft probe
      164 12 AFP PARIS French Prime Minister Alain Juppe has been accused of involvement in the payment of a 1.8 million franc (S$511,000) commission to his neo-Gaullist Rally for the Republic (RPR) party via a Swiss bank account, the centre-left daily Liberation reported yesterday. The daily
      AFP  -  164 words
    • Article, Illustration
      Lock icon Scuds scrubbed
      36 12 AFP TABORFALVA, Hungary Parts of Scud-B rockets blow up white being destroyed in the presence of participants of the North Atlantic Assembly meeting at a shooting ground here in central Hungary on Monday. AFP
      AFP  -  36 words
    • Article
      Lock icon Markets wary of French plan to create jobs
      394 12 NYT Reuter FRANKFURT Less than two weeks after French President Jacques Chirac took office, the markets in Europe are sending an unmistakable message to Elysee Palace they are nervous about his new economic plans for stimulating growth to reduce the country's 12.2
      NYT; Reuter  -  394 words
    • Article
      Lock icon Tel Aviv market lures foreigners
      94 12 AFP TEL AVIV Foreign investors pumped US$3Ol million (Ss4lB million) into the Tel Aviv stock market in the first four months of the year, or three times as much as the same period of 1994, says the Bank of Israel. "Foreigners think there are bargains
      AFP  -  94 words
    • Article
      Lock icon Time to replace members of the Geriatric-7
      751 12  -  By Thomas Friedman NYT WASHINGTON On June 15, in Halifax, Canada, 5,000 journalists will gather for the annual meeting of the Group of Seven (G-7). Not since the G-7 summit in Naples a year ago will so many journalists be gathered in so
      NYT  -  751 words
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      586 11 B ROADWAY I INDUSTRIAL GROUP LIMITEDI I BROADWAY INDUSTRIAL GROUP LIMITED I (Incorporated in the Republic of Singapore) I I NOTICE OF ANNUAL GENERAL MEETING I I NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held I I on 16 June 1995 at 3.00pm
      586 words
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      1010 11 I Singapore I I Technologies I I Industrial I I SINGAPORE TECHNOLOGIES INDUSTRIAL CORPORATION LTD I I (Incorporated in the Republic of Singapore) I I NOTICE OF ANNUAL GENERAL MEETING I I NOTICE IS HEREBY QIVEN THAT the Twelfth Annual General Meeting of the Company I I will be held
      1,010 words
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      265 12 NOW YOU CAN OWN A PIECE OF PRIME REAL ESTATE ON JALAN AMPANG Distinguished Corporate and Professional suites on 'Embassy Row', next to the Golden Triangle, pi Our dedicated corporate office suites at 218 Ampang Road offer more than just a distinguished corporate address for your jj J& business. They
      265 words
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  • SPORTS
    • Article, Illustration
      Lock icon Ambitious Campbell hot on classy Langer's heels
      455 13 Golf New Zealander shows his mettle at British PGA Championship Reuter WENTWORTH, England In his long and fruitful career, Bernhard Langer has done it all. Michael Campbell still has it all to do. And while Langer at 37 kept building on his achievements
      Reuter  -  455 words
    • Article, Illustration
      Lock icon Unimpressive win for S Africa over Romania
      506 13 RUGBY WORLD CUR -1993 Western Samoa beats Argentina 32-26 after trailing up to the final minutes AFP AP CAPE TOWN Five days after beating the world champion Wallabies, South Africa crashed back to earth here yesterday with a limp 21-8 win over Romania.
      AFP; AP  -  506 words
    • Article
      Lock icon All Blacks bring in Zinzan to tackle Wales
      458 13 Side favoured to win pool after Ireland whitewash AP Reuter JOHANNESBURG What do you do after demolishing a tough opponent so badly that a leading rival described the performance as "awesome"? If you are New Zealand, you add 1994 Player of the
      AP; Reuter  -  458 words
    • Article
      Lock icon Ivanisevic sent packing by qualifier Tillstrom
      340 13 French Open AP PARIS Fourth-seeded Goran Ivanisevic became the first major upset victim of the French Open, losing in straight sets yesterday to qualifier Mikael Tillstrom of Sweden in the first round. Sergi Bruguera. by contrast, started strongly in his quest for a third
      AP  -  340 words
    • Article, Illustration
      Lock icon A gentleman in beggar's clothes
      260 13  -  From Michael Karem in PARIS AMERICAN Andre Agassi may be the undisputed number one on the computer rankings and hot favourite for the French Open title, but he scored few points with the fashion-wise Roland Garros crowd for his costume on the opening day. We
      Reuter  -  260 words
    • Article, Illustration
      Lock icon Basketball in a spin over distractions
      538 13  -  NBA Playoffs From Ira Berkow NYT in NEW YORK TO BE fair, if the NBA is to rid its arenas of mind-altering distractions, such as the spinning pinwheel placards that have recently caused a controversy in the Pacer-Magic playoff series, then Dennis Rodman must
      NYT; Reuter  -  538 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        201 13 Reuter INDIANAPOLIS Rik Smits sank a 14-footer at the buzzer to cap a wild and classic finish and give the Indiana Pacers a 94-93 win over the Orlando Magic on Monday in the Eastern Conference finals. The two teams have now won two games each. With the Pacers trailing
        Reuter  -  201 words
      • Article, Illustration
        Lock icon Cricket
        162 13 Reuter LONDON England captain Mike Atherton has called for ball tampering to be legalised. Atherton. at the centre of a controversy of alleged tampering last year, says in his new book: "T am not alone in thinking that the laws should be changed to allow certain actions which the
        Reuter  -  162 words
      • Article, Illustration
        Cycling
        235 13 PKRPIGNAN, France Miguel Indurain of Spain won the Midi Libre race on Monday when he finished second behind Briton Chris Boardman in the sixth and last stage, a 17.5-km individual time-trial. Indurain won the sixstage event with a total time of 24hr 55min 51 sec his maiden victory in
        235 words
      • Article, Illustration
        Golf
        93 13 WENTWORTH, England Brit ish PGA championship final rd oa Monday (GB unless stated): 27f Bernhard Langer (Ger) 67 73 68 71 280 Michael Campbell (NZ) 69 73 71 67, Per-Ulrik Johansson (Swe) 71 69 69 71 282 Peter O'Malley (Aust) 74 71 70 67. Peter Senior (Aust) 66 73
        93 words
      • Article, Illustration
        Lock icon Indy racing
        57 13 AP INDIANAPOLIS Christian Fittipaldi. runner-up to Jacques Villeneuvc. was honoured on Monday night as Indianapolis 500 rookie of the year. The nephew of two-time Indy winner Emerson Fittipaldi finished 2.481 seconds behind Villeneuve on Sunday. He said before the Victory Dinner that his only regret was not being
        AP  -  57 words
      • Article, Illustration
        Tennis
        144 13 PARIS US$lO3 million French Open Ist rd Monday (seeds only) Men: 1-Andre Agassi (US) b Karsten Braasch (Ger) 6-1 6-4 6-4; 5-Thomas Muster (Aut) b Gerard Solves (Fra) 3-6 6-4 6-2 6-1; 8Wayne Ferreira (SA) b Lionel Roux (Fra) 6-4 6-4 7-5; 9-Yevgeny Kafelnikov (Rus) b Jan Siemerink (Neth)
        144 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      649 14 l The All Naturally Brewed Beer. WORLD S LARGEST SELLING BEER TH€ MOST AUTHENTIC ITALIAN PASTA PIZZA IN TOWN ...NEARER TO THE EAST 3.93.93.93 PASTA FRESCA DA SALVATORI PTI U[D ratiß&WiSsr 1 iflk jjw 3»offlllda2lta«h«<»Sa«lJwl4S(M23) U *****73/ *****7$ 77 Uppar East Coast l«ed #01-01/W *****5) LggfaJ ttfllss*o 241W3 V J
      649 words
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      Page 14 Advertisements Column 2
      301 14 WHERE TO WINE, DINE AND ENTERTAIN May 7 May 31 Tuck into wholesome hawker fare and indulge in local dishes like Hainanese Chicken Rice, Beef Rendang and Rojak, plus a range of tempting desserts. $17.00 (Adult) $11.00 (Child) Menu changes regulary. B xa m. rn fncn urfwi! U 10% dmnft«»*
      301 words
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      Page 14 Advertisements Column 3
      399 14 I Celebrating I fish Let's drink to fish. Bouillabaisse or Tom Yam? Top of the M celebrates fish with a lunch buffet of every Imaginable fish recipe. Salmon, sole. Iqq snapper, sea bass... If It can be caught, it can be cooked. And we know all the delicious ways. Continental
      399 words
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  • LIFESTYLE
    • Article, Illustration
      Diamonds are forever
      545 15  -  An avid diamond collector talks to Susan Tsang about his passion Susan Tsang Those of us who dream about Liz Taylor's white diamonds will have a chance to view more colourful stuff when the "King of Coloured Diamonds" brings his collection to Singapore in August. Dutchman Eddy
      545 words
    • Article, Illustration
      Lock icon Doyen of British fashion dies at 66
      281 15 CMATtWBOX AP Reuter Reuter UPI JEAN MUIR, long esteemed as one of Britain's finest fashion designers, died on Sunday. She was 66. She died of cancer, according to an obituary published on Monday in The Guardian newspaper. Muir was admired for the classic
      AP; Reuter; UPI  -  281 words
    • Article, Illustration
      Budding writers all set to keep an eye on the world
      396 15  -  By Corinne Kerk NOT ALL budding writers necessarily want to write in the English language. In recognition of this, the organisers of the Sixth Creative Arts Programme have now extended their literary programme to Mandarin, Tamil and Malay language
      396 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      159 15 WHERE TO WINE, DINE AND ENTERTAIN I (EairaljtU 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 cholcstorol
      159 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      400 15 I WEATHER I Singapore: Showers are expected over a few areas om the afternoon. Temperature (26-33*). a... MflV Cm 4. law MLOV Cast BuenoaAwt 1M» Auckland 13/06 Shaven Amsterdam 16/12 Orcago AOTokr* 35/27 T'storm Mtwt 27/18 Cloudy HonoMu.. 27/22 Cloudy OCMfM n/i7 Cloudy Benin 18/08 Houston 27/18 Cloudy 34/28 Showers
      400 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      615 15 I TV RADIO his sacking by President Tru- Greeory Peck (centre) leads the action when he plays man during the Korean con- World War II hero Mac Arthur, 9.30pm, TV 2 flict. m pore. 11.10 Variety Show. CMW* l 8.30 Casper the Ghost and 12.00 AM Close. Msgiffsx** *oo Showcase
      615 words
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  • Article
    ARF should face up to Spratlys
    508 16 ASEAN seemed divided after the recent meeting in Brunei of senior Ascan Regional Forum (ARF) officials. Threatening to drive a wedge among Asean members is the Spratlys dispute, which pits China against the Philippines, Malaysia and Brunei. The issue testing Asean bonds is whether
    508 words
  • Article
    Wake-up call for Singapore
    444 16 GOOD GRIEF, after only one quarter of slower growth and the NTUC secretary-general is already telling workers to expect lower wage rises. This might be how some people would react to remarks made by Lim Boon Heng. Is he not speaking with undue haste? After all,
    444 words
  • Article
    Training the only way
    110 16 AFTER experiencing good economic growth for the past decade, Singapore is entering a slower phase owing to stiffer competition. Minister without Portfolio Lim Boon Heng has said that wage increases should be about 5 per cent this year. He also said that civil servants should not
    110 words
  • Article
    How to teach Chinese
    154 16 IN RECENT YEARS, the government has been trying to raise students' interest in the learning of Chinese. But despite all the effort, most students here do not like reading Chinese books or newspapers. Even though they can converse in Chinese, their writing skills and ability to
    154 words
  • Article
    Cogs in a wheel
    109 16 TOURISTS from other developing countries are known to express surprise upon seeing hardly any old cars on Jakarta's streets. To them this seems to reflect an affluent society. This first impression evaporates, however, as soon as they see the crowds trying to chase down the horribly
    109 words
  • Article
    Bond free
    119 16 BEIJING'S plan to scrap a US$lOO million bond issue, which will inevitably disappoint Merrill Lynch, Morgan Stanley and other foreign investment banks, is understandable. At a time when China's foreign exchange reserves situation is clouded by the aftermath of the Mexican peso crisis and a plunging US dollar,
    119 words
  • Article
    The burden of welfare
    131 16 A FEW years ago, a new-fangled concept called workfare became popular in Western countries facing runaway welfare bills as a result of high unemployment and social decay. Workfare, as opposed to the unqualified generosity of straight welfare, was intended to make the payment of benefits contingent
    131 words
  • Article, Illustration
    Too easy on product piracy
    876 16  -  US companies have tough time protecting intellectual property in Asia-Pacific markets because of weak rules, reports Leon Ha^ar Leon Hadar The writer is BT's Washington correspondent US intellectual property companies face significant hurdles in Asian markets, according to a new study issued by the Pacific
    876 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      155 16 B a. WrffHTßllniSXtiiki?v3 I^^IPRIMEWAREHOUS^^^^I FOR SALE I I EUNOSLINK SINGLE I I "1 |fn ——I STOREY I I 5 171 BLOCK A L ota Kin I I I 4sihj [B BloSqm) f STAND I I > flattedLj jj I ALONE I I UucbJ J WAREHOUSE I I -J < BLOCK
      155 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      53 16 LOOK M* Hex i i <SHE.«S EVEN clepsMED up ELWNEBRIGGSMUST c V vpfTeg PiGS pyNgLfcy.., LADV... Foe '>v >v IsoepggrjgGNßMesJ POONESBURY GARRY TRUDEAU WKNCMItUON- mLBjT\ f""^SSS^3St| I aw. /«r PBKMfffHffi 7H/5 tUOUUHT CNC6TUP M6THAT I lAW*/. fl M,XX*<WJ\ wAHim TMNemHTNOT KTH* NO? figyg&AHßK*e I S AUK. I e*HOUGH BfTF&SmAJB?. F*ST6W
      53 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Manila rises to world trade challenge
      995 17  -  Asia's response to the WTO: The Philippines Special to BT CIELITO F HABITO CIELITO F HABITO Dr Habito is the Secretary of Socioeconomic Planning and director-general of the National Economic and Development Authority (Neda) AS THE global village shrinks, interdependence among nations widens and
      995 words
    • Article, Illustration
      Business seeks fleet-footed Apec
      867 17  -  ASIAN VIEW By Yang Razali Kassim The writer is BT's Regional Analysis Editor Business leaders are business leaders. They want action, not words. They get worked up if the pace is slow. And if things don't get moving, they can be blunt. Corporate chiefs from 18
      867 words
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  • Article
    Lock icon High yen putting Japan's economy at risk: minister
    477 18 Reuter TOKYO One of Japan's fop economic policymakers yesterday voiced concern that the yen's recent sharp rise against the dollar could seriously hurt the Japanese economy and corporate earnings. Tsutomu Tanaka, vice-min-ister of the Economic Planning Agency, said in an interview he
    Reuter  -  477 words
  • Article
    Lock icon Economy right on target, says Fed governor
    147 18 Reuter J WASHINGTON Federal eserve Governor Lawrence Lindsey yesterday brushed aside concerns that the economy may be slowing down too much. "So far, (the economy is) fight on target," he told Reuters. Asked if he was worried that the economy may be Rowing
    Reuter  -  147 words
  • Article, Illustration
    Lock icon Move to link trade to labour laws has few backers: WTO chief
    394 18 Reuter NEW DELHI World Trade Organisation (WTO) chief Renato Ruggiero lent strong support yesterday to developing countries' efforts to head off a campaign by rich nations to link trade benefits with labour standards. Mr Ruggiero said the drive
    Reuter  -  394 words
  • Article
    China's crude oil needs forecast to hit 5.2 m bpd by 2005
    343 18  -  By Teh Hooi Ling SINGAPORE China will need 5.2 million barrels of crude oil per day (bpd) by the year 2005, outstripping its domestic production of 3.2 million bpd, a conference here was told yesterday. This demand, combined
    343 words
  • Article, Illustration
    A trans-Atlantic free trade area will send wrong signals
    828 18  -  The Bottom Line SHADA ISLAM SHADA ISLAM The writer, a Brussels-based correspondent, contributed this article to Business Times THE IDEAS are still new and undefined. But, Asian countries will have to watch carefully as senior policy-makers in Brussels, Paris, Bonn and
    828 words
  • Article
    Lock icon Japan's US$l3.3b giveaway makes it top global aid donor
    289 18 Bloomberg Business News Kyodo TOKYO Japan extended U5513.34 billion (5518.5 billion) in aid to global development projects in the fiscal year ending March 31 making it the world's top Official Development Assistance donor for the fourth consecutive year. Japanese aid rose
    Bloomberg Business News; Kyodo  -  289 words
  • Article
    Lock icon Apec ministers agree on setting up of regional information infrastructure
    172 18 Reuter SEOUL A pec ministers yesterday resolved to take steps to develop a regional information infrastructure to help liberalise trade and investment by the year 2020. Seventeen ministers of the Asia-Pacific Economic Cooperation (Apec) forum responsible for telecommunications and information
    Reuter  -  172 words
  • Article
    Lock icon French, German giants seal pact with Sprint
    166 18 Reuter BONN German and French telecommunications giants have sealed a global alliance with Sprint Corp, the thirdlargest long-distance carrier in the United States, company officials said yesterday. After a meeting of its supervisory board, Deutsche Telekom AG said a long-delayed agreement had been
    Reuter  -  166 words
  • Page 18 Advertisements
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  • COMPANIES & MARKETS
    • Article
      Telecom's 0.2 m beeper target for China
      547 19 Its radio paging joint venture hopes to attract 200,000 customers in first year SINGAPORE Singapore Telecom expects its China radio paging venture to have 200,000 customers in the first year of operation. Telecom's chairman Koh Boon Hwee told Reuters in Beijing that the
      547 words
    • Article, Illustration
      Lock icon Techno park project expected to earn Centrepoint $30m rental a year
      561 19  -  By Agnes Wee SINGAPORE Listed Centrepoint Properties (CPL) can expect to reap some $30 million in annual rental income from its Alexandra Technopark project when the entire project is finally completed a few years down the road. Initially, after
      Photo by Arthur Lee  -  561 words
    • Article
      Van Der Horst enters into two new joint ventures
      219 19 SINGAPORE Van Der Horst said yesterday that it had tied up with two parties to design and supply power plants and equipment, and to go into environmental projects. It said it had tied up with Lentjes, a German engineering firm, and
      219 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        54 19 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events ma y a fr sentiment. Brokers polled: Alliance, Barings, Credit LyonMis Securities, Daiwa, Fraser, G K Goh, Kay Man, Morgan GrenMl, Ong Co, Nomura, Phillip, Smith New Court, WI Carr
        54 words
      • Article, Illustration
        HOT STOCK
        107 19  -  By Paul Leo ANTAH Holdings Warrants have been drifting down since hitting a high of 71 cents on May 17. At yesterday's close of 62.5 cents, they appear to have bottomed out. Volume is lower at 796,000 shares compared with the 10-day average of 1.2 million units. Daily
        107 words
    • Article
      Parkway's healthcare business makes it a good long-term buy
      781 19  -  HOCK LOCK SIEW By Jenny Lam SINGAPORE Parkway Holdings' proposed corporate bond issue to finance the takeover of Tenet Heathcare Corporation's Asian hospitals is said to have attracted overwhelming response, indicating investors' strong confidence in the company. The bond issue comes
      781 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Van Der Horst's new director
          47 20 SINGAPORE Van Der Horst has appointed Chan Cher Boon a director and member of the audit committee from May 26. Mr Chan, 48, is also a director of Eltech Electronics and York Pacific. He was an executive director of Pertama until January.
          47 words
        • Article
          Rotary ups stake in subsidiaries
          86 20 SINGAPORE Rotary Engineering has increased its investment in three of its wholly owned subsidiaries. It has subscribed for 400,000 shares of $1 each in Rotary Electrical Company, 450,000 shares of $1 each in Rotary Mechanical and Construction Company, and 400,000 shares of $1 each in
          86 words
        • Article
          Harimau NTA per share at $1.91
          46 20 SINGAPORE Harimau Investments, the closed-end fund of OCBC Bank, says its net tangible asset backing per share, based on the group's unaudited accounts at Apr 30, was $1.91. Its NTA per share at the end of Feb 28 was $1.92.
          46 words
        • Article
          Heshe subsidiary changes name
          24 20 SINGAPORE Heshe's wholly owned subsidiary, Bene Fashion Singapore, changed its corporate name to Benefashion (S) Pte Ltd on May 22.
          24 words
        • Article
          Lock icon Ekran forms air services firm
          47 20 Bernama KUALA LUMPUR Ekran Bhd yesterday said it had formed a wholly owned airline subsidiary in Malaysia. Ekran Air Services Sdn Bhd will make charter flights from its base in Miri, Sarawak, to tourist centres in both Sarawak and Sabah states. Bernama
          Bernama  -  47 words
        • Article
          Lock icon Malpac's bonus issue approved
          102 20 Bernama KUALA LUMPUR Malpac Holdings Bhd yesterday said it had received approval from the Securities Commission for its proposed three-for-two bonus issue of 37.5 million as against the original proposal of a two-for-one bonus issue of 50 million shares. Approval was also given for the company
          Bernama  -  102 words
        • Article
          Lock icon Concrete posts M$ l.4m pre-tax
          92 20 Bernama KUALA LUMPUR Concrete Engineering Products Bhd yesterday said it had achieved a group pre-tax profit of M 51.411 million (*****,160) for the half-year ended Feb 28, 1995, on a turnover of M 544.661 million. It said its overall performance had been affected by its
          Bernama  -  92 words
        • Article
          Sunshine Bakeries' new MD
          60 20 SINGAPORE Auric Pacific has appointed Paul Yap Beng Huat managing director of Sunshine Bakeries from June 1, following the termination of the management arrangement provided by the Goodman Fielder Group to Sunshine Bakeries. Mr Yap, 45, has been with a large number of food and beverage
          60 words
      • Article
        Untitled
        2266 20 M—ft l' prkw May 31 Sh Greater China Fd 1.00 (2 »i_sa t a Mendaki Gr Fund 1.02 1.05® Singapore Unit Trust us Gr Fund 1.01 i.os** The Commerce 1 58 1.67xd iiab a.,,§ iu The Savings Fund 1.53 1.62 MSS®I ITIgi UB S'pore Prog Fund 0.62 0.66 Unifund 1.46
        2,266 words
      • Article
        Road Builder said to have clinched KL highway deal
        510 20  -  From Ruth Wong in KUALA LUMPUR MALAYSIAN construction company Road Builder Holdings is believed to have secured a slice of the lucrative toll operations in the country's capital. Sources close to the company say Road Builder has clinched the privatisation of
        510 words
      • Article, Illustration
        Lock icon Tenaga to spend M$ 4b on upgrading despite profit drop
        437 20 MBT KUALA LUMPUR Tenaga Nasional Bhd has no plans to reduce its capital expenditure despite posting a 3 per cent fall in its half-year result and being unable, for the time being, to raise its electricity tariff. According to executive
        MBT  -  437 words
      • Article
        Lock icon PepsiCo's Thai unit buys two potato chip brands
        190 20 Bloomberg Business News BANGKOK PepsiCo Foods Thailand Co said it has purchased two brands from United Foods pic, increasing the company's presence in the consumer snack market. The two potato chip brands, Chippy Chip and Mike, will be combined with PepsiCo's own
        Bloomberg Business News  -  190 words
      • Article
        First Engineering to raise stake in China firm
        227 20 SINGAPORE Precision plastic moulding company First Engineering will increase its equity stake in associate Guangzhou Sanxing Precision Moulds and Plastics Engineering Company Ltd (Sanxing) from 30 per cent to 61.5 per cent of its registered capital. Sanxing is a joint venture company
        227 words
      • Article
        Lock icon Ho Hup going back to property development
        306 20 MBT KUALA LUMPUR After being actively involved in major civil construction works, Ho Hup Construction Company Berhad (Ho Hup) is returning to property development projects. Managing director, TC Low told reporters after the company's annual general meeting in Kuala Lumpur yesterday that Ho
        MBT  -  306 words
      • Article
        Lock icon Len Bros, KK Ind in reverse takeover move
        254 20 Bernama KUALA LUMPUR Len Brothers Rubber Products Industries Bhd (LBI) has proposed a reverse takeover of Galaxy Waves Sdn Bhd from KK Industries Sdn Bhd. In exchange, KK Industries will take a 45.6 per cent stake in LBI. In a statement here
        Bernama  -  254 words
      • Article
        Lock icon Asas Dunia sees Penang projects ready in 3 years
        310 20 MBT KUALA LUMPUR Asas Dunia Bhd expects the construction of two of Penang's largest complexes it is undertaking to be completed in three years' time. Both projects are in Bukit Mertajam, where the company feels there is a vast potential due
        MBT  -  310 words
      • Article, Illustration
        Lock icon Oei Hong Leong to quit as Ming Pao chairman
        349 21 Former chairman Yu Pun-hoi may make comeback Bloomberg Business News Knight-Ridder HONGKONG Oei Hong Leong, chairman of the Chinese newspaper publisher Ming Pao Enterprise Corp Ltd, said he will step down as chairman but gave no timetable for his resignation, the
        Bloomberg Business News; Knight-Ridder  -  349 words
      • Article, Illustration
        Lock icon NEC's virtual aquarium
        59 21 AFP TOKYO In this aquarium, the fish will not die on you and you don't even have to clean the tank. Yoshihiro Yamamura, NEC's project chief, showed his Small Virtual Aquarium System called "Sakana Hekkel" at Japan's Economic Organisations yesterday. The system, including software, will be on
        AFP  -  59 words
      • Article
        Lock icon Renison to drop Pancontinental bid if 50% target not met
        190 21 Bloomberg Business News SYDNEY Renison Goldfields Consolidated Ltd will abandon its bid for Pancontinental Mining Ltd if it doesn't own 50 per cent of the company by Friday. Renison Goldfields also said yesterday that if it had sufficient acceptances to
        Bloomberg Business News  -  190 words
      • Article
        Lock icon Intel to make memory chips in China
        74 21 Bloomberg Business News SHANGHAI Intel Corp, the world's largest semiconductor manufacturer, said yesterday it will set up a factory in Shanghai to assemble and test flash memory chips. The plant has been approved by the Shanghai municipal government, which can only sanction projects
        Bloomberg Business News  -  74 words
      • Article
        Lock icon Tokyo firms invest in China cable venture
        110 21 AFP TOKYO Japanese trading houses Marubeni Corp and Itochu Corp said yesterday they would acquire a combined 20 per cent stake in a Chinese venture to produce cables and wires in Nanjing. The two companies said they would each hold a 10 per
        AFP  -  110 words
      • Article
        Lock icon MGM film studios no longer for sale
        83 21 AFP PARIS Credit Lyonnais, the troubled French state-owned bank, said on Monday it no longer wanted to sell the MGM film studios, as it believed a recovery plan launched for them two years ago would soon begin bearing fruit. The bank also denied
        AFP  -  83 words
      • Article
        Lock icon Sydney casino group launches IPO
        86 21 Bloomberg Business News SYDNEY Sydney Harbour Casino Holdings Ltd opened its initial public offering to the general public yesterday, offering a minimum allotment of 2,000 shares at A 51.28 a share, the Sydney Morning Herald reported. The issue price values the casino group at A
        Bloomberg Business News  -  86 words
      • Article
        Lock icon Olivetti sends Cir group into the red
        90 21 AFP MILAN, Italy The Cir group of Italian financier Carlo de Benedetti chalked up a consolidated loss of 377.3 billion lira (SS3I7 million) in 1994, the company said here on Monday. In the previous year, the group had recorded profits of 16 billion
        AFP  -  90 words
      • Article
        Lock icon Murdoch associate Stokes wins 2 seats on Seven Network board
        460 21 Reuter SYDNEY Perth-based media entrepreneur Kerry Stokes won two seats on Australia's Seven Network board yesterday, a victory analysts said could align the network with Rupert Murdoch's global media group, News Corp. But Mr Stokes, who began a raid on
        Reuter  -  460 words
      • Article
        Lock icon Legal and General in talks to form Indon joint venture
        214 21 AFP SYDNEY Leading insurer Legal and General Australia said yesterday it was negotiating a joint venture with a large Indonesian company and expected to finalise the deal this year. In its annual report, Legal and General said it was concentrating
        AFP  -  214 words
      • Article
        Lock icon Wilson & Horton's profit slumps 22%
        358 21 Wilson Horton's profit slumps 22% Bloomberg Business News WELLINGTON New Zealand newspaper publisher Wilson Horton Ltd said yesterday that net profit for the year to March 31 fell 22 per cent to NZ532.5 million (5530.2 million). The result included NZ$l2 million of one-time losses from the write-off of the company's
        Bloomberg Business News  -  358 words
      • Article
        Lock icon Regent group may take fund buyback battle to courts
        367 21 Bloomberg Business News HONGKONG Regent Pacific Group, a fund manager controlled by Canadian interests, is considering legal action after losing a vote to force the managers of the Thai-Asia Fund to re-start a share buyback programme. David Curl, fund manager of
        Bloomberg Business News  -  367 words
      • Article
        Lock icon Shanghai Tyre & Rubber plans to lay off 10% of workforce
        255 21 Shanghai Tyre Rubber plans to lay off 10% of workforce Bloomberg Business News SHANGHAI Shanghai Tyre Rubber Co, China's largest radial tyre maker, plans to lay off 10 per cent of its workforce this year to reduce costs, says Sassoon Securities, but it will continue to pay the workers a
        Bloomberg Business News  -  255 words
      • Article, Illustration
        Lock icon JAL bounces back into the black
        655 22 Airline posts 2.8b yen profit after four years of losses but ANA earnings fall 59% Bloomberg Business News AFP TOKYO Cost-cutting and an increase in overseas travel helped Japan Airlines, the country's largest, end four years of losses in fiscal 1994, the company said
        Bloomberg Business News; AFP  -  655 words
      • Article
        Lock icon Hoechst denies responsibility for cigarette recall
        391 22 Bloomberg Business News FRANKFURT Hoechst AG said its US unit was not responsible for Philip Morris Cot' US$lOO million (Ssl4o million) recall of billions of cigarettes last week, as alleged by the cigarette maker. Hoechst Celanese Corp "has found nothing to indicate that the
        Bloomberg Business News  -  391 words
      • Article
        Lock icon Morgan Stanley settles case with UK securities watchdog
        565 22 FT LONDON US investment bank Morgan Stanley has reached an unpublicised settlement with Britain's Securities and Futures Authority (SFA), after an investigation by the securities watchdog into a US$2B million (5538.8 million) loss incurred by five private clients of the bank. The
        FT  -  565 words
      • Article
        Lock icon Sony gets okay to start subsidiary in Indonesia
        141 22 AFP TOKYO Sony Corp said yesterday it had received the green light to set up its first wholly-owned subsidiary in Indonesia following a change in local government regulations. The company said the new unit, PT Sony Manufacturing Indonesia, would start operating in
        AFP  -  141 words
      • Article
        Lock icon Canadian brokers see profits plunge 82%
        303 22 Bloomberg Business News TORONTO Profits at Canada's securities firms fell 82 per cent in the first quarter because of a drop in new issues underwriting commissions. Net income fell to Cs44 million (5543.97 million) from Cs23B million a year earlier. The latest three-month period
        Bloomberg Business News  -  303 words
    • FINANCE & COMMODITIES
      • Article
        Aussie bank to boost its presence in Asia
        409 23  -  By Conrad Raj SINGAPORE Australia's largest and most profitabje bank, the National Australia Bank, plans to strengthen its position in Asia. To reflect the move, the bank has added Asia to its trading name in the region and plans to upgrade its
        409 words
      • Article
        Yaohan's Thai arm raises US$ 20m loan
        139 23 SINGAPORE The Thai arm of Japanese retailer Yaohan has raised a US$2O million transferable loan to refinance existing borrowings. The finance, for Thai Yao han Company, Thailand's fifth largest department store operator, was arranged and managed by Schroder International Merchant Bankers. The other
        139 words
      • Article
        Lock icon Hanoi to cut corporate loan rates
        59 23 Bloomberg Business News HANOI The State Bank of Vietnam, the country's central bank, will cut interest rates on loans to businesses, the Lao Dong newspaper reported yesterday. Rates will fall to 1.92 per cent from 2.1 per cent a month from tomorrow. Vietnam wanted
        Bloomberg Business News  -  59 words
      • Article
        Lock icon Stanchart launches HK$ lb FRCD
        79 23 Reuter HONGKONG Standard Chartered Bank has launched a threeyear HKSI billion (S$ 179.7 million) floating rate certificate of deposit, said arranger Standard Chartered Markets on Monday. The certificates were issued at par to float at 25 basis points over the one-month Hongkong Interbank Offered Rate.
        Reuter  -  79 words
      • Article
        Lock icon Tokyo sets derivatives guidelines
        72 23 Knight-Ridder TOKYO Thorough management of derivatives trading risks is the purpose of an eight-point notice Japan's Ministry of Finance will send to financial institutions in June, Nikkei News said on Monday. MOF will call on the firms to adopt rules requiring dealers to conclude deals when
        Knight-Ridder  -  72 words
      • Article
        Lock icon Sino-Israel export credit deal
        54 23 AFP TEL AVIV Israel's leading bank Hapoalim signed a US$23 million credit agreement on Monday with the China Investment Bank to finance medical equipment exports to Beijing, officials said. Bank Hapoalim said it was the largest such deal between the two countries, which opened diplomatic relations
        AFP  -  54 words
      • Article
        Lock icon Chase: Manhattan Card being sold for strategic reasons
        289 23 Reuter HONGKONG Chase Manhattan Bank said the intended sale of its stake in Manhattan Card Co Ltd was due to corporate strategy and not due to difficulties in Hongkong's competitive credit card market. "We compete very very well. In fact our share
        Reuter  -  289 words
      • Article
        Lock icon G-7 likely to reject plan to tax currency trades: economist
        504 24 Reuter OTTAWA The Group of Seven (G-7) industrialised nations will likely reject a controversial plan to curb currency speculation when they meet in Halifax, Nova Scotia, next month for their summit, the author of the plan said on Monday. Nobel
        Reuter  -  504 words
      • Article
        Lock icon Salomon launches electronic bond trading
        364 24 Bloomberg Business News LONDON Salomon Brothers International Ltd, in an effort to cut costs and improve the efficiency of its European bond operations, is offering customers the chance to trade some bonds electronically. Salomon has launched a new system called the Salomon Brothers' Execution system,
        Bloomberg Business News  -  364 words
      • Article, Illustration
        Lock icon World tin demand seen rising steadily
        185 24 Knight-Ridder KUALA LUMPUR Global consumption of tin will continue to show steady gains during the next few years, bolstered in part by growing demand for tin chemicals, Malaysia Smelting Corp officials predict. Executive director Mohd Ajib Anuar said he foresees a "growing trend" in
        Knight-Ridder  -  185 words
      • Article
        Lock icon Pakistan bond market expands as govt, private sector seek more funds
        488 24 AFP KARACHI Pakistan's corporate bond market is rapidly expanding as both the government and the private sector mobilise funds in a bid to meet their fiscal needs, investment experts said yesterday. And small investors are expected to show still
        AFP  -  488 words
      • Article
        Lock icon Deutsche Bank takes over Italian fund manager
        365 24 FT MILAN Deutsche Bank of Germany is to become the second largest mutual fund manager in Italy, by buying a controlling stake in Finanza Futuro, the fund management company, from Carlo de Benedetti's Cofide holding company. Deutsche Bank, which owns a 300-branch retail
        FT  -  365 words
      • Article
        Lock icon Allianz to set own fire insurance rates
        405 24 Bloomberg Business News MUNICH After years of losses in its industrial fire insurance division, Allianz Versi-cherungs-AG, the property and casualty unit of Europe's largest insurer Allianz AG Holding, said it was breaking with the industry pricing commission to set its own rates. The
        Bloomberg Business News  -  405 words
      • Article
        Oil futures rise as Brazil strike drags on
        312 24 ENERGYREIWr LONDON Oil futures rose in London and New York as an oil workers strike in Brazil entered its 27th day. The oil workers over the weekend voted to reject a court decision, Friday that reaffirmed a May 9 ruling that the
        312 words
      • Article
        Lock icon LONDON
        192 24 Reuter LONDON The dollar finished little changed in Europe as investors stayed sidelined ahead of the release of the key US non-farm payroll report for May on Friday. Speculation the Bundesbank may ease its repo rate as early as this week helped push the dollar higher early but bids
        Reuter  -  192 words
      • Article
        Lock icon NEW YORK
        87 24 Reuter NEW YORK The dollar was firmer at the US open amid talk of a possible German interest rate cut, dealers said. At the open, the dollar traded at 1.3860/65 marks, up slightly from 1.3833/40 at Friday's close. It was at 83.00/05 yen, up from 82.70/80. Despite speculation
        Reuter  -  87 words
      • Article, Illustration
        Untitled
        1212 24 Trade-onghurd index calculated against Spore's top 14 trading partners Base year 1955 US$/S$ forward rates Noon /May 30 ss iy offer 1-month 1.3#30 l.3«6S 2-monlh 1.3792 1.3W7 3-month 1.3742 1.3757 6-month 1.3605 1.3625 Sourer OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m m May JO Singapore dollars to
        1,212 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollars sharply higher
        1253 25 I—— Reuter SINGAPORE Simex Euroyen and Eurodollar futures ended sharply higher yesterday in moderately active trade. US funds and speculators bought Euroyen contracts in the afternoon, triggering stops on the way up. "Sentiment is very bullish. The market also traded higher following the sharp rise in
        Reuter  -  1,253 words
      • Article
        Rubber futures plunge by close
        619 25 COMMODITY REPORTS K..LI KuDoer Singapore: Rubber futures plunged to end broadly lower on early producer selling after morning declines in the Tokyo market, traders said. They said further losses were likely amid growing perception that the market could continue its bearish tone for some time.
        619 words
      • Article
        Japan raw sugar imports up 41%
        54 25 TOKYO Japan's customs-cleared imports of raw sugar totalled 203,600 tonnes in April, up 41 per cent from a year before, according to figures released by the Ministry of Finance. Coffee imports were 28,163 tonnes in April, down 10 per cent from a year earlier,
        54 words
      • Article
        China sugar output down 11%
        59 25 HONGKONG China has virtually completed its sugar cane extracting, with the 1994-95 (Sep-Aug) production standing at 5.29 million tonnes, down 1! per cent from the same period last year, the official Economic Daily reported. Due to declines in planted acreage, China's sugar production fell for
        59 words
      • Article
        April world zinc producer stocks up
        71 25 LONDON World producer zinc stocks totalled 343,400 tonnes in April, up 12,500 from an upwardly revised 330,900 in March and down 65,600 from 409,000 in April 1994, European Zinc Institute figures show. The March total was originally reported as 319,600 tonnes, meaning that the
        71 words
      • Article
        Japan April lead use in batteries up
        79 25 TOKYO Japan's consumption of refined lead in storage batteries rose 2.9 per cent to 19,976 tonnes in April from a year before, but was down 12.6 per cent from March, according to figures released yesterday by the Ministry of International Trade and Industry.
        79 words
      • Article
        Japan copper output rises
        34 25 TOKYO Japan's refined copper production in April rose 7.2 per cent from a year before to 96,836 tonnes, according to figures released by the Ministry of International Trade and Industry.
        34 words
    • Article
      COMMODITY PRICES
      1413 25 SICOM Futures Rubber (futon** daafag a» at 5.30m) IKS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest ***** 230.00 225.50 475 Jul 220.00 217.00 219.00 600 2125 Aug 216.00 213.00 216.00 400 2400 Sep 214.00 211.00 213.50 1150 2875 Oct/Dec 207.00 207.00 206.50
      1,413 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        915 26 +7.2 hare prices closed 0.4 per cent irmer in thin trade yesterday as nvestors took heart from a tronger local currency and reovered from recent Wall .treet-inspired losses. "The Aussie dollar nudged •ack up over the 72-US cent nark and the market gained a •it of confidence from that,
        915 words
      • Article
        Manila
        569 26 18.94 ♦hilippine share prices moved tp by 0.69 per cent yesterday, vith some foreign buying and ictivity on second liners. "The movement was generJlv sideways, we haven't had tny strong buying this week, uid it could be a carryover from ast week's perception of a fedxal rate cut," said
        569 words
      • Article
        BanghoK
        100 26 -27.17 Thai share prices closed 1.97 per cent lower yesterday on local retail speculation and a selloff of in finance stocks. "Speculators were realising their portfolios after many finance companies denied reports of setting up joint ventures with foreign companies, and because of a halt of foreign money flowing
        100 words
      • Article
        Seoul
        408 26 -5.7 South Korean stock prices closed 0.6 per cent lower yesterday, as caution overcame expectations of a follow-through uptick, brokers said. "A string of short-term profit takings emerged amidst prevailing caution the previous day's rapid surge," said Shin Jin Wook with Choheung Securities Co. The Composite Price Index finished
        408 words
      • Article
        Taipei
        574 26 +49.63 Taiwan share prices closed 0.88 per cent higher yesterday on active bargain hunting, with plastic and chemical shares enjoying the laiigest 2.7 per cent gain. "As the market has lost an average 20 per cent in recent weeks, individual investors fol- lowed institutions to buy lowcost shares," said
        574 words
      • Article
        New Zealand
        254 26 -2.01 New Zealand shares ended slightly down in quiet trade as financial markets here and in the Asia-Pacific region awaited fresh direction from British and US markets, which were closed for holidays. Fletcher Challenge was the main mover, easing three cents to NZ$4.OO, but turnover in the stock
        254 words
      • Article
        Bombay
        98 26 +26.89 Shares on the Bombay bourse traded in a narrow band and closed up as speculators covered short positions in select blue chips, brokers said. It was the last day of the current account in A group shares on the Bombay Stock Exchange (BSE) and on the National bourse.
        98 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        747 26 Britannia Funds Sterling Calk BM Offer Mim Cap Drawl M 6400 M 6300 Mm Jene> gST jDlIWJ ***** Mim Max Income ***** 0 9*00 I SS Cm* Income PW» Fund 10 5100 *****0 PS S Reierve Fund 5.4W0 5 4900 .0.4592 0 49# Fir EM Fund *2 7650 *2.9730 Mm
        747 words
      • Article
        London
        662 26 -1.2 JK stocks were mixed as a urge in government bonds n the US and Europe was ountered by concern that irofit growth may suffer as he economy slows. Traders and investors «rere wary that a retreat in JS stocks the Dow Jones vverage was down 0.3 per ent
        662 words
      • Article
        Paris
        139 26 -0.52 r rench shares finished a ouch softer after light prof-t-taking, mainly by foreign nvestors, turned the market jwer in the afternoon, tradrs said. Domestic institutions re staying cautious until 'rime Minister Alain Juppe ets out funding details in a nini-budget to fund his ■war on unemployment". The CAC-40
        139 words
      • Article
        Frankfurt
        201 26 +20.24 jerman shares ended the >ourse trade higher and jear the day's high, boltered by a friendly German tock futures market and a irm debt market. But weakness in the dolar and views the market nay be overbought hamwred gains as the DAX noved closer to the 2,100 evel.
        201 words
      • Article
        Stockholm
        118 26 +o.BBpc rhe bourse did a U-turn on in initial downward trend jid firmed as bond yields ell. Share prices received a urther boost when the US narket reopened after the ong weekend. The OMX Index closed >.88 per cent up at 1244.99 in turnover of a low 1.97 billion
        118 words
      • Article
        Milan
        169 26 +134 The Italian stock index was the biggest climber in Europe, led by telecommunications shares, amid optimism the government and central bank are working together to keep inflation in line and reduce Italy's budget deficit. Traders said Friday's official interest rate increase, which drove the discount rate up three-quarters
        169 words
      • Article
        Zurich
        236 26 16.9 Swiss shares closed higher, supported by firm bonds and rising bond futures. The broad SPI Index was up 9.07 points to 1,815.79. The blue-chip SMI Index rose 16.9 to 2,779.4, but failed to break resistance at 2,780. Banks and insurers Sined most. Nestle, up five incs at 1,177,
        236 words
      • Article
        Amsterdam
        243 26 +2.13 Dutch shares closed iust off the session's high after advancing on the stable dollar and strong bonds. Bullish sentiment was bolstered by a finish above technical resistance at 428 on the AEX Index. The AEX ended 2.13 points firmer at 428.53 and could now advance towards an upside
        243 words
      • Article
        Johannesburg
        331 26 -18.3 South African industrial shares finished off their lowest levels yesterday on hopes of a Wall Street rally and on easing of interest rate fears, dealers said. They said golds had ended softer on bullion's dip, and South Africa's televised World Cup rugby match against Romania had slowed volumes
        331 words
      • Article
        Toronto
        255 26 +6.78 Stocks edged higher in quiet early trading, supported by firm North American debt markets, traders said. The TSE 300 Composite Index rose 6.78 points to 4,438.97 in turnover of 9.20 million shares valued at Csll2 million. Advancing stocks outpaced declines 177 to 152, with 224 issues unchanged. "Bonds
        255 words
      • Article
        New York
        742 26 -12 US stocks turned lower at midday with the technology sector coming under particular pressure as investors took profits, analysts said. The Dow shed 12 at 4,357 with declines narrowly leading advances. The Nasdaq Composite Index fell 11 at 861 with declines leading advances 17 to 11. Analysts
        742 words
    • Article, Illustration
      Lock icon HONGKONG
      2694 27 AP Bloomberg Business News HONGKONG Share prices in Hongkong closed lower for the third straight day in light trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, fell 70.87 points, or 0.8 per cent, closing at 9,245.30. On Monday, the index had slipped 13 points.
      AP; Bloomberg Business News; Source: Bridge Info  -  2,694 words
    • Article, Illustration
      Lock icon CHINA
      523 27 CLSA THE H share market edged up one per cent with a modest pick-up in turnover to HK$45 million. Jilin, which accounted for 40 per cent of total trading, saw turnover reach HK$ 18 million, continuing its momentum with a 2.4 per cent gain. Slight profit-taking by local investors
      CLSA  -  523 words
    • Article, Illustration
      Lock icon TOKYO
      2457 27 Bloomberg Business News TOKYO Stocks rose as stron-ger-than-expected semiconductor and shipping-related earnings last year offset concern that the strong yen will stand in the way of an earnings recovery this year. "It's all earnings-related," said Dhia Amir, an equity trader at Nomura Securities. A rebound in the dollar also
      Bloomberg Business News; Source: Bridge Info  -  2,457 words
    • Article, Illustration
      Lock icon BANGKOK
      1546 27 Reuter BANGKOK Thai stocks closed 1.97 per cent down on heavy sales of finance counters in the afternoon, brokers said. Major investors sold finance issues heavily, prompting retail investors to panic and dump stock, they said. The Stock Exchange of Thailand Index closed down 27.17 points at 1,354.91 jn
      Reuter; Source: Bridge Info  -  1,546 words
    • Article, Illustration
      Lock icon JAKARTA
      1141 27 AFP Reuter JAKARTA Indonesian share prices closed 0.5 per cent higher on low volume yesterday with foreign interest in blue chips and local buying in smaller cap shares, dealers said. The Jakarta Stock Exchange Composite Index closed 2.38 points higher at 475.14. "Buying in third-liner stocks pushed the index
      AFP; Reuter; Source: Bridge Info  -  1,141 words
    • Article
      CLOB INTERNATIONAL
      1755 28 WM Lart Vol Da* U* <>ole D»r W» J M M.?. HJfh Low Sale r*W) H%h Low Bayer S«Uct Or VI*. i«U MALAYSIAN STOCKS as. 5 a 0 i? JO n si 3 ,g: 233 171 m aSL ISO -I 66 193 190 l*> I9J 110 17 2.2
      1,755 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares advance to six-month high
        6392 28 Bloomberg Business News KUALA LUMPUR Stocks rose to a six-month high, led by gains in Telekom Malaysia Bhd and Malayan Banking Bhd. Telekom, Malaysia's dominant telephone operator, rose 30 sen to MS 18.90. The Minister of Energy, Telecommunications and Posts, Leo Moggie, said on Monday
        Bloomberg Business News; Source: Bridge Info  -  6,392 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7034 29 t,f (.r M iim |,m Vol Dav last Quote Di« Di» YM Net Cmp A«» High Lo» Cumiwa> N«le ("000) High Im» B«>er Seller C"»r P/E Saril Price INDUSTRIAL AND COMMERCIAL 48: M2 n.1 418*1-1 34 420 418 4.8 420 22 5 2 7 8 7 576 2 416 4
        7,034 words
      • Article, Illustration
        Lock icon Market runs out of steam after strong start
        1807 30  -  R Sivanithy SINGAPORE A strong start in the morning that gave way to weakness in the afternoon was the main feature in the local stock market yesterday. Despite an 8.08-point gain in the Straits Times Industrials Index to 2,162.48 at the close,
        Source: Bridge Info; Source: Bloomberg  -  1,807 words
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      620 19 NEWS VALUE Regional growth a challenge for S'poro hanks (pg 1) Stocks in the finance sector likely to do well for many more years. Bad loans of 11 big Japanese banks hit IS.S trillion yon (pg 1) Looks like no bottom in sight for Japanese stocks. Telecom's 0.2 m beeper
      620 words
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      79 20 Why confine yourself when you con afford to stretch out in your own suite. After the So/ ChanC€ry SdlQOn street hustle, you deserve the space and comfort of the all-suites Sol Chancery Saigon. HoMn Sol Chancery Saigon. 196 Nguyen Thi Minh Khai Street, District 3. Ho Chi Minh City. Vietnam.
      79 words
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      506 21 B Keppel Corporation Limited (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 27th Annual General Meeting of the Company will be held at the Emerald Room, 10 Hoe Chiang Road, 4th Floor, Keppel Towers, Singapore 0208, on Thursday, 15 June 1995,
      506 words
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      436 22 M: HAI SUN HUP GROUP LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT RENOUNCEABLE RIGHTS ISSUE ("RIGHTS ISSUE") OF 214,422,375 NEW ORDINARY SHARES OF $0.20 EACH ("RIGHTS SHARES") AT $0.50 FOR EACH RIGHTS SHARE, ON THE BASIS OF ONE RIGHTS SHARE FOR EVERY ONE ORDINARY SHARE OF $0.20 EACH ("SHARE")
      436 words
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      Page 22 Advertisements Column 2
      534 22 Mr HAI SUN HUP GROUP LTD (Incorporated in the Republic of Singapore) NOTICE TO WARRANTHOLDERS Pursuant to the provisions of Conditions s(b)(iii), s(d) and s(e) of the warrants which were issued by Hai Sun Hup Group Ltd (the "Company") together with the U5539,000,000 214 per cent, bonds due 1997 and
      534 words
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      383 23 I Straits Steamship Land Limited (Incorporated in the Republic ot Singapore) Notice of Annual General Meeting ALL MEMBERS ARE CORDIALLY INVITED to attend the Annual General Meeting of the Company which will be held in the Straits Room, 10 Collyer Quay #29-00, Ocean Building, Singapore 0104 on Friday, 16th June
      383 words
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      Page 23 Advertisements Column 2
      2134 23 O Focal Finance Limited (Incorporated In Singapore) Focal Finance A Member of tt* OCBC Group BALANCE SHEET AS AT 31 DECEMBER 1994 No*n 1994 1993 Note* 1994 1993 > J s ASSFrS LIABILITIES AND SHAREHOLDERS' EQUITY r...1, r< mm Currant liabilities: Cash deposits and balances with banks 3 33,452,699 26,794,826
      2,134 words
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      157 25 irrj*2l #1 OFFSHORE I WYI COMPANY SPECIALISTS I With a worldwide team of 125 multi-disciplined 1 professionals and a network of international I offices, OCRA provides confidential and cost I effective company formation in all the major low I tax areas including; I IRTTISH VIRGIN ISLANDS BAHAMAS IRELAND WESTERN SAMOA
      157 words
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      Page 25 Advertisements Column 2
      20 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words
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      89 27 we've caught it! The taste for fl#h. V Cooked In every Imaginable wag. jL 'A*'-" If It can c>e caught it can be cooked You coutd sa Y- we re looked i~_ on f lsh And you it be too V Top the lunch f nM In I r_r->_ _nl
      89 words
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      80 28 to 70% Financing > Easy approval payment ■SIWSHSinHM > Scripless counters are also acceptable 10.89% 2 months 1.7% 10.33% months ®pai I iiq NOW! Hcfld Office Tel; 223 9222 Setegie Branch Tel: 338 2097 East Coast Branch Tel: 440 6882 TAT LEE FINANCE Bukit Panjang Branch Tel: 769 1907 Holland
      80 words
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      62 29 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, you can prosper through a wide range of investments. Local and Foreign Currency Time Deposits. Unfixed Time Deposits, Foreign Currencies, Unit Trusts and more. Just call our 24-Hour CitiPhone Banking toll-free on (1800) 225-5225 for your share of
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      43 30 Find a new rider for your wheels Pedal your wheels to all kinds of people and clean f out your store room witn a convenient, fast-acting 'T classified ad. 1100-737-1166 I m PLAY SMART Be part of the good life. Lifestyle. Everyday. BusmessTimes
      43 words
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      249 30 >*[;[.`{%<^+(=!&>=@+&{}|\\~\-=) la The Matter Of The Companies Act, Cap. 5» And In the Matter Of DESCO PROPERTY PTE LTD (In Votantary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given thai pursuant 10 Section 308 of the Companies Act. Cap. 50 the Final Meeting of Members of the Company will
      249 words
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      Page 30 Advertisements Column 3
      340 30 M THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF LEGEND JEWEL PTE. LTD. (Incorporated in Singapore) (Members' Voluntary Windings) At an Extraordinary Genefal Meeting ol Legend Jewel Pte. Ltd. duly convened and held at B* 139 Kim Tian Road 102-00 Singapore 0316 on 29th May
      340 words
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      Page 30 Advertisements Column 4
      278 30 BANK OF COMMUNICATIONS US$lOO,OOO,OOO FLOATING RATE NOTES DUE MAY 1998 In accordance with the provisions of the Notes, notice is hereby given that for the six month interest period from 31 May 1995 to 30 November 1995, the Notes will carry an Interest Rate of 6.6125% per annum. The interest
      278 words
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      Page 30 Advertisements Column 5
      494 30 Singapore Closing Share Prlcee 30/05/1995 CLOSE PftEV LOW HIGH US$ USS USS US9 FfKBSI iar<Hn« Matftaaon 7.70 7.78 7.50 7.75 ICgyJ Jardina Strat«(tc 3.42 3.42 3.4* Dairy Farm 0.97 S 0.975 1.00 ■■■■■I Honfkone Land ....................—•••2.02 2.03 2.01 2.04 Katuma i" i.i« I.ls Jardtna Strataflc Warrant* 98 0.478 0.4S 0.47
      494 words
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      Page 30 Advertisements Column 6
      109 30 WTKMWTBOf THE OQMMNB ACI CHMT9 SO NCHE AUTOMAJCN PIE UD frM«b«»'VbU*ij Uyiiilml NOTICE Of IESOUmONS NOTICE B HEKIY GIVEN Extraordinary Gonoral Mwhlg Moabon of NICHE AUTOMATON PTE UD 4Jy oowmd and hold tf U out batow won duly paMod: RESOLVED: Tkat h Company ba wound tjp 1&2INK&S) (Mod: 31 SM
      109 words
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  • Banking, finance & insurance '95
    • Article, Illustration
      Lock icon FUNDING GROWTH IN ASIA
      472 31  -  By Shiv Taneja ALACK of adequate funding for infrastructure continues to be Asia's single biggest growth constraint, and with over US$3 trillion (554.17 Million) needed in infrastructure investment oetween now and the turn of the century, traditional sources of funding the region's governments, as well as
      Illustration bv Ben Cruz  -  472 words
    • Article, Illustration
      Rising to new challenges in the region
      1681 32 IN ABOUT a month. Peter Seah, current chairman of Association of Banks in Singapore, will relinquish his role as the banking community's key representative. In q wideranging interview, Mr Seah, who is also president of Overseas Union Bank, shares his thoughts with SHIV
      1,681 words
    • Article, Illustration
      Clean-up continues in Asia's largest economies
      1604 34  -  Vikram Khanna looks at problems and prospects in the banking systems of Japan, China, Indonesia and India Vikram Khanna The writer is BTs regional economics editor IN SOME cases, it's because of a hangover from a period of heady economic expansion. In others, it
      1,604 words
    • Article, Illustration
      Singapore's future as financial centre
      958 34  -  Christian Zuegel examines the challenges ahead for the Republic Christian Zuegel The writer is managing director at JP Morgan s Singapore office THERE has been a lot of debate about the roles that international financial centres should play in bridging the demand and supply of
      958 words
    • Article, Illustration
      Funding building blocks for Asia's infrastructure
      1385 36  -  John D Taylor looks at the ADB's role in promoting build-operate-transfer investment in the region John D Taylor IN THIS ERA of instant global communications, not a day passes without headlines, articles and news analysis commenting on the urgent need for infrastructure and the
      1,385 words
    • Article
      Where the private sector comes in
      723 36 WE KNOW that governments in Asia cannot afford to fund their massive infrastructure requirement and that the private sector is willing to step in and invest in financially viable projects. Governments, therefore, have a responsibility to prepare attractive projects for private sector participation. The
      723 words
    • Article, Illustration
      Debt is king for regional infrastructure projects
      959 37  -  Why are regional capital markets not being tapped to raise the billions of dollars needed to get major Asian projects off the ground? S N Vasuki finds out S N Vasuki The writer is BT's correspondent specialising in regional infrastructure AFTER 12 months
      959 words
    • Article
      Global telecoms sector leaps to life
      776 37  -  David Lake reports on the flurry of activity as telecommunications companies seek to raise funds David Lake The writer is president of News Feature International, a news agency specialising in coverage of financial issues. This article first appeared in Citibank's Securities Services Update THE
      776 words
    • Article, Illustration
      Banks a victim of China's easy credit schemes
      1280 38  -  Unless the government stops giving unlimited loans to bail out state firms, Chinese banks won't be able to function on a commercial basis, says Schutz Lee Schutz Lee The writer is a journalist with BT's China Desk AYEAR ago, China's momentous banking
      1,280 words
    • Article
      Still the great frontier for foreign investors
      1064 38  -  Max Loh and Jenny Ong take a look at the problems that crop up in China's changing economic scene Max Loh Jenny Ong The writers, based in Singapore, are managers with the China Desk of an international accounting firm AFTER two years of
      1,064 words
    • Article, Illustration
      Foreign firms waiting for openings to China's vast insurance sector
      1531 39 Increasing consumerism is fuelling demand for insurance and, according to World Bank estimates, China s insurance industry will be worth 200 billion renminbi by the end of the decade OVER the last year, foreign insurers have been establishing representative offices
      1,531 words
    • Article
      Growing from strength to strength
      802 40  -  The rising popularity of the private debt securities market augurs well for the Malaysian economy, according to Yeah Kim Leng Yeah Kim Leng The writer is manager, economics and market research, of Rating Agency Malaysia Bhd Concerted efforts by the Malaysian government have spawned a
      802 words
    • Article, Illustration
      Room for a stock exchange in Labuan?
      441 40  -  That's not as far-fetched as it sounds, reports William Chia William Chia The writer is a BT correspondent specialising in Indonesian and Malaysian corporate affairs LABUAN, the tiny island off the north-west coast of Sabah, has certainly come a long way since the
      441 words
    • Article, Illustration
      Bigger role for private banks
      1599 41  -  Indonesia's banking sector is in transition as state-owned banks wrestle with bad debts and see their market share decline. William Chia reports William Chia The writer is a BT correspondent specialising in Indonesian and Malaysian corporate affairs THE Indonesian banking industry is currently undergoing the
      1,599 words
    • Article, Illustration
      Is a bail-out in sight for sinking banks?
      2384 44  -  How did Japan's financial institutions land in dire straits? Anthony Rowley traces the role of the bubble economy in this sad state of affairs Anthony Rowley The writer is BT's Tokyo correspondent BANKING crises can happen anywhere, but like Britain's secondary-bank problems
      2,384 words
    • Article, Illustration
      Authorities' refusal to bail out credit unions an ominous sign
      688 44  -  Anthony Rowley reports on a politically-motivated crisis Anthony Rowley WHILE the Barings collapse was grabbing headlines around the world recently, the fact that the Tokyo Metropolitan Assembly had at the same time baulked at bailing out two local credit unions
      688 words
    • Article, Illustration
      Thailand's banks forced to cut back on loans
      1377 46  -  The government has had to bring in tough austerity measures to curb inflation, reports Alan Boyd from Bangkok Alan Boyd THAI banks are expecting slightly lower growth this year as government austerity measures force a slowdown in lending activity. In the longer
      1,377 words
    • Article
      Bangkok set to go down the financial reform path
      879 46  -  But, says Alan Boyd, economic planners are torn between gradual change and the Big bang approacn Alan Boyd The writer, based in Bangkok, contributes regularly to BT Financial reforms aimed at transforming Thailand into a regional monetary centre will start to
      879 words
    • Article, Illustration
      Manila banks brace for battle
      1288 47  -  The entry of 10 foreign banks is heating up the competition in Makati. A 1 Labita reports Al Labita The writer is a Manila-based journalist who contributes regularly to BT WHEN Manila recently allowed entry of 10 foreign banks, the intent was simple: spur capital
      1,288 words
    • Article
      Foreign bankers question choice
      843 47 AT ANILA 'S choice of W/m the 10 new foreign X A banks had long been final. Yet, there are still grumblings from some foreign bankers. And one bank they say was "overrated" was Singapore's DBS Bank. They favour more the Keppel Bank. "Between DBS Bank
      843 words
    • Article, Illustration
      For whom the dong tolls
      1543 48  -  Harish Mehta looks at the state of the Vietnamese banking industry Harish Mehta The writer, BT's Indochina correspondent, files this report from the US where he was a research fellow at the University of North Carolina at Chapel Hill, studying Indochinese politics. ITs a curious
      1,543 words
    • Article, Illustration
      Political influence eroding in banking system
      1607 50  -  Peter Osborne finds out more from the former central bank governor Peter Osborne The writer is a correspondent with BT's Foreign Desk PATRONAGE and pay-offs have long been a way of life in Taiwan's banking system where most banks are state-run, and answerable to
      1,607 words
    • Article, Illustration
      Box office pie waiting to be sliced up
      1791 51  -  Andrew Craissati looks at why the idea of financing the entertainment or media industries is still a novelty in South-east Asia Andrew Craissati The writer is the group managing director of The Magna Group. The firm, headquartered in Singapore, is an investment
      1,791 words
    • Article, Illustration
      Following the Western lead in financial services
      1543 51  -  As economies in Asia grow and develop, the venture fund industry is in some ways at the leading edge, says William Seymour William Seymour The writer is managing director of HA. Q Asia Pacific, which has fund management companies WITH the historically unprecedented
      1,543 words
    • Article, Illustration
      Tool for infrastructure funding
      659 52  -  Liang Xianzhu looks at some of the factors required for successful project financing Liang Xianzhu The writer is a vice-president specialising in project finance in a major European bank PROJECT financing has become an interesting subject in recent years not least because of the remuneration that
      659 words
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      New directions in financing
      742 52  -  Saw Choo Dickson talks to infrastructure finance expert Kevin Files about the trends Saw Choo Dickson The writer is senior manager, corporate communications, at HSBC Investment Bank Asia Holdings Ltd SUCCESSFUL project financing requires a blend of factors that are often influenced by local, rather than
      742 words
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      Stronger US unit will dampen spirit of S$ bulls
      2037 53  -  Daniel Lian examines the prospects for exchange and interest rates in South and South-east Asian economies Daniel Lian The writer is the regional economist. Nat West Markets, at the National Westminster Bank in Singapore IN RECENT months, the symbiotic relationship between
      2,037 words
    • Article, Illustration
      Lock icon Trials and tribulations of the US dollar
      1276 53  -  Andy Tan examines some factors put forward to explain recent greenback developments Andy Tan The writer is regional economist and general manager of MMS International in Singapore INCREASING turmoil has continued to afflict the US dollar this year. Last year the US unit
      Source: Datastream  -  1,276 words
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      Securing a place in Asia's future
      1011 54  -  Asia looks set to develop its bond market, writes R Sivanithy R Sivanithy The writer is BT's stock market correspondent THE conversation, when Asian financial markets are spoken of, invariably centres on the fact that the region is the fastest growing in the world.
      1,011 words
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      Meeting the needs of global investors
      1321 55 Simex is set to enhance Singapore's position as an international financial centre THE establishment of the Singapore International Monetary Exchange (Simex) on Sep 7, 1984, was a significant milestone in Singapore's development as an international financial centre. Established as Asia's first financial futures exchange,
      1,321 words
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      Financial statements: how transparent they are?
      1551 56  -  David Mason discusses the level of financial disclosures in the banking sector and how much information is imparted through them in Singapore David Mason The writer is a partner in an international accounting firm. The views here are entirely his own and not necessarily
      1,551 words
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      Lowdown on derivatives
      1203 57  -  Dominic Nixon offers suggestions on how to handle the complexities of derivatives activities Dominic Nixon The writer is a partner with an international accounting firm Many of the concerns expressed about the derivatives business have not been very clearly articulated. Some have suggested that the business over
      1,203 words
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      Transient quality makes regulation difficult
      1444 58  -  Lim Hock Kheng looks at the unique features which set apart the Asian derivatives market from its counterparts elsewhere in the world Lim Hock Kheng The writer is director. Ernst Young Corporate Advisory Services THE recent bad publicity surrounding derivatives raises questions on how regulatory
      1,444 words
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      Lock icon Private banking and the wealth cycle
      1731 60  -  What is a private banking client like? Urs S Brutsch describes two increasingly typical examples Urs S Brutsch The author is head of private banking at Credit Suisse Singapore BOTH Mr Chan and Mr Sim have every reason to be proud of their achievements.
      Source: Credit Suisse; Source: Dept of Statistics  -  1,731 words
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      A growing business in Asia
      1320 60  -  Chew Farn Chyi looks at the current trends and new products that capture the potential private client's attention in Asia Chew Farn Chyi PRIVATE banking in Asia is a growing business following the region's growing economies and increasing creation of wealth by individuals. And some
      1,320 words
    • Article
      Emerging markets: Is the party over?
      1777 62  -  Tan Keng Hock finds out why investors stayed away from these markets last year Tan Keng Hock The writer is a director with Schroders Investment Management Singapore Ltd. The views expressed in this article are the personal views of the author, and do not
      1,777 words
    • Article
      Dawn of new era for brokers
      1300 62  -  Slowly, but surely, Asia's securities industry is coming to terms with Electronic Trade Confirmation. Catherine Ong reports Catherine Ong The writer is a senior correspondent with BT THE process of confirming institutional trades by computers is slowly but surely making its way to Asia's
      1,300 words
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      The new economics of aviation cycles
      1705 63  -  Thomas J Gallagher looks at the changes in Asian aircraft financing Thomas J Gallagher The author is managing director and aerospace executive of The Chase Manhattan Bank in New York and is responsible for the bank's global aerospace corporate finance practice WE SEEM, somehow,
      1,705 words
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      Factors for growth in the Asia-Pacific
      1344 64  -  As one of the world's fastest growing markets for factoring, Asia offers vast opportunities still untapped for this form of financing, writes Ruth Tan Ruth Tan The writer is with International Factors (Singapore) Ltd. Singapore's only listed factoring company SPURRED on by dynamic economic
      1,344 words
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      Work ahead for quality controllers
      997 65  -  International banks have some way to go in improving management of trading risks, says Richard Lapper Richard Lapper This article first appeared in The Financial Times IT is common practice for international bank executives these days to pour scorn on the management failures that contributed
      997 words
    • Article
      Managing financial risk
      880 65  -  Rosarii Coleman looks at the role of top executives in risk management Rosarii Coleman The writer is a management consultant specialising in financial services at Coopers Lybrand Consultants IN THE wake of derivative losses incurred by companies and financial institutions in different parts of the world, financial
      880 words
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      A vital tool for meeting customers' demands
      1488 66  -  Dan Milton looks at how banks are tapping computer technology to stay competitive Dan Milton The writer is a senior projects manager with Tandem Computers Incorporated. He is also the president of the Indo-American Society. Bombay. A sweeping transformation is taking place in
      1,488 words
    • Article, Illustration
      Tapping intelligent systems for problem-solving
      1345 67  -  Such techniques are good for forecasting, monitoring and fraud detection, report Philip Treleaven and Suran Goonatilake Philip Treleaven and Suran Goonatilake Prof Treleaven and Dr Goonatilake are with the Intelligent Systems Lab, University College London VERY TIME a per- j son draws money from a
      1,345 words
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      Soon all you will need is your electronic purse
      1646 68  -  All that loose change in your handbag or pocket will be a thing of the past, says Richard Chang Richard Chang The writer is country manager for Singapore, Thailand and Indochina, of Visa International I ASH costs money. t Most people
      1,646 words
    • Article
      Get smart, carry a smart card is message for the future
      1375 68  -  Brian Thorn looks at what the era of the cashless society is dealing up Brian Thom The writer is senior vice-president, marketing, at MasterCard International, Asia-Pacific Microchip technology is changing the way customers use payment cards. A smart card
      1,375 words
    • Article, Illustration
      Life insurance vital in an affluent society
      960 70  -  A J Pathmarajah looks at how life insurance can be customised to suit a person's financial situation A J Pathmarajah The writer is managing director of Great Eastern Life HOW much money do you need to live in Singapore in the 21st century?
      960 words
    • Article, Illustration
      Get top value from car policy
      773 70  -  Tan Kin Lian discusses questions which vehicle owners have about insurance Tan Kin Lian The writer is the chief executive officer of NTUC Income Insurance Co-operative Ltd IT IS expensive to own and operate a car in Singapore. Besides paying the monthly instalments to
      773 words
    • Article, Illustration
      Look ahead with varsity savings plan
      1124 71  -  A good package can provide peace of mind for parents. Malcolm J J Arney looks at various options Malcolm J J Arney The writer is the president and chief executive officer of John Hancock Life Assurance Co Ltd FOR parents with young children, whose
      1,124 words
    • Article, Illustration
      Moving with the market
      1248 72  -  Insurance policies can also be investment tools, giving holders not only a safety net but also a tidy nest egg, says Tan Suee Chieh Tan Suee Chieh The writer is chief executive officer of Prudential Assurance Co Singapore (Pte) Ltd The success of investment-linked insurance, which
      1,248 words
    • Article, Illustration
      Lock icon The kiasu approach pays off
      856 73  -  It proves to be a winning formula for Singaporeans investing Down Under, writes T C Pan T C Pan The writer is executive director, Jones Lang Wootton LAST year will be remembered in Australian history as the year Australia really got out of a severe
      Source: JLW Research  -  856 words
    • Article, Illustration
      Cashing in collectively
      725 73  -  There are big profits for property owners who band together, says Jeremy Lake Jeremy Lake The writer is director (investment), Richard Ellis Pte Ltd IN THE last eight months, a new catchphrase has emerged in the residential market. Termed "collective sale", it came about when property owners
      725 words
    • Article, Illustration
      Going naked no longer
      1506 74  -  Charles W Thurston looks at what some companies are doing to hedge devaluation risks Charles W Thurston IN the aftermath of the Mexican peso devaluation, treasurers in emerging markets are staying up nights worrying about their foreign currency obligations. Concern over devaluation risk has led Asian,
      1,506 words
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      A new age in retail banking
      892 76  -  Elsie Foh looks back at some developments and gazes into the future Elsie Foh The writer is senior vice-president, retail banking, of DBS Bank THE LAST one-and-a-half decades can be viewed as watershed years in Singapore retail banking. Changes have confounded banks and customers
      892 words
    • Article
      Islamic pawnbroking draws interest
      1284 77  -  Malaysia goes into the Islamic pawnbroking business and other Muslim countries are showing interest as well, reports Said Abdullah Said Abdullah The writer is a journalist on the BT Foreign Desk FIRST it was banking, then insurance and stockbroking. Now the Islamic interest-free system in Malaysia
      1,284 words
    • Article, Illustration
      Lock icon Growth of Islamic banking
      724 77  -  Just what is Islamic banking? Michael Frenchman find outs Michael Frenchman IHT CONVENTIONAL bankers are still struggling to come to terms with the phenomenal expansion of Islamic banking, which has been growing at the rate of 15 per cent a year. Total funds under management by
      IHT  -  724 words
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      59 31 Our international inn j JgU property dealings 't||l l t 1 Iff; sometimes drive us up the wall. g1 m ********** l jr 1 "■K- 7V" 4? ;'•!>' i< J A I 1 r jr I J? 1 /f f -yf. 'y SiMi& k /•< ItomU'ti /<•/1"»•' H i Richard
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      109 31 HIGHLIGHTS The ABS Chairman Interview Peter Seah, chairman of the Association of Banks in Singapore, on the key challenges facing Singapore banks, both at home and overseas. Page 2 The Future Nurturing Singapore as a major financial hub in the region. Page 4 Insights Country reports on China, Malaysia, Indonesia,
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      304 33 1 i If you're juggling bank accounts OUB Multi Link fixed deposits. There One comprehensive statement looking for high returns, then look no are no frustrating forms to fill in. An At the end of each month, you 11 receive further than OUB Multi Link. overdraft will be at your
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      42 35 SOME SAY THEIRS IS I THE ULTIMATE DRIVING MACHINE. I OTHERS SAY THEIRS I I ENGINEERED TO MOVEBfeIUMAN fj I NEED WE SAY MORE? I vf'V IV x I AV < —E Audi A'] Vorspru fuj (Ju rc I > Foe hi 11 k
      42 words
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      157 36 Be Smart That's you Check what we have to offer before m 1 you make your decision. Especially if you're I H considering an Endowment Plan under the JL. Enhanced 4 Investment ca P nal Boomor fr Bust A /Gold ft Margin\ /yS\ bcneme A- f Stocks Shan* P I
      157 words
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      48 37 Quite simply the Royal Oak. I 4 M /IIIDEMARS PIGUEf The master watchmakers. Regional Agent: AUDEMARS PIGUET SINGAPORE PRIVATE LIMITED. 250 North Bridge Road #15-03 Raffles City Tower Singapore 0617. Tel: *****13/*****53 Fax: *****01. "'"I LVI r i\l I W/ jam v Mm f L&SgyjSsMMMg, r x W
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      239 38 CYC celebrates of perfect shirts Tailor-made for those who have it made. /^/V'^/'\✓\/^/^/^/%/\/^✓\/^/\✓ > v CYC is celebrating 60 years of excellent shirts. From April 27th to June 30th, you can have two custom-made white shirts for only $43* each. Such an offer is hard /H A to resist. To
      239 words
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      129 39 L;. >;4|!§* 3 B J, y V W v- v v^jflMßbr n -v- -R— ||i. ,4. -Jr -«smra» r. jSy t 1 It JT Ik y |L i 1 jut lv jp ipp»- v v V That's the philosophy behind Plus personal videos, innovative World Business Class; from KLM menus
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      190 40 /ytm purchases And that's we do and do very II If Providing loans particularly for private mM B Wktif property or HUDC homes that are structured wj Future home lor professional working couple with young kids. 10 d J| WEmPtlSi I r >\ H .>• "rf tfjm m enjoy lower
      190 words
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      1024 41 t 2 OPTIONS FOR EXTRA COVERAGE AT ONLY $280 Family Plws Ufa Plw (Option B) m» niiri; m» >MMI acci—m o—t* Permanent pnawti II 111 m m BM KwAwj t»* «»K im% •> ■■»—>—> o»— <pnm« Utl Pirmaaiat PI—MWy liniM M% •< I«mm IM Tm nwt [101 l Children v
      1,024 words
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      286 42 help you your needsI and thus earn their loyalty and business for I years to I I 1 1 Can one computing platform do I ill H I Hill that? Apparently 500 of the world's leadH B H I H I I ing banks think so, because they rely on
      286 words
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      238 43 I information. By distributing transactions I or queries across multiple processors, the I I I I J Himalaya Range will minimise bottlenecks H M H I I I 1 f I and expedite time-critical applications like H I H I I trading, market dissemination, clearing ■■■I■l I H only story.
      238 words
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      239 44 mjjjj Asia's most authoritative banking newsletter ASIAN BANKER is an indispensable source of information and market intelligence for the banking and financial services industry throughout Asia. ASIAN BANKER influences the thinking and direction of players at the very highest level. Each issue is designed to assist bankers who aim to
      239 words
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      100 45 Ih^. RIPHMI _t ~:> -s t 'L'* V X*'"'* f x r-. ''^-^l jf^fe* 1 r 'iv- ?f~V c p';» v > 'yl f jjjjfct r <<,rr J^** r 1 r 1 itE*~^■ H. fli I' 1M tf H|| II 'jl >.fIK vi -I I]l w-W .3|[lBp|r.- \At U C
      100 words
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      179 47 THE NEW PEUGEOT 605 SRi XiWMi s**- i VW Jr.- M w a > Climate Control, elegant and luxurious leather upholstery. For your safety on the road, the Peugeot 605 SRi comes fully /equipped with driver's Airbag and Anti-lock Braking System (ABS), Pyrotechnic Pre-tensioning seat belts, Double Security Deadlock and
      179 words
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      156 48 The key to individuality. Security tailored to individual needs. France, 17th century. This key has a secondary function. It opens doors but it is also a miniature pistol which the bearer of the key could keep on his person for protection. At Swiss Bank Corpora- 111 tion, portfolio management has
      156 words
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      128 49 fp- y >1 -v.;- <! < H K :^.^::4^p^; YOUR ACER ADVANTAGE SPEED .-',•> '7 -'I The new Acer Altos 7000 Value/Premium series servers. f I Affordable, scalable PCI-EISA servers with built-in I The Acer Altos 7000 Value/Premium Acer Altos 7000 Value/Premium series s I I MHz to future Pentium
      128 words
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      336 52 K i I iKI I lit hi >M tzMz\lit! i'i rsl rSl'Ki Km 11rsi 11*11W1 illh ■•mALi^^^B I 11 1181 I |&t Card and VISA give you ATM privileges no other bank in MMR rt| V^-T"| Voted "Best Bank in Malaysia" by Euromoney magazine. Singapore can match! Such as instant
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      325 54 I k firm grip n vaar cast (liw I cai do woniers [»r viur busiiess I Selling on competitive credit terms can leave you with I tight cash flow. Funds that could be better utilised in I your company's growth may all be frozen in accounts I receivable. I a
      325 words
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      280 55 Before you can stand out in Asian mankets, you have to blend in. 1 j. J§l If J*i I|V.' '.r r* r «v f 'v W I -f f if w fit :§V*.*dL£! v •i i•* f• s wis*, f if I v v-> .>• V/ i i v J-
      280 words
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      64 56 Congratulations. You can under the choosing the to you are to your you'll agree can be H I 1 1 and You can choose from our also the terms I our Great Plans investment your Our are by years you can the future For please call us at Great Eastern
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      203 57 We Took The Most Sophisticated Standards Ever Set For High Performance Engines «»»>"" V' J 4 0 < 0 A *f f *>*, \j\ y*\ c rnr ♦a "•k v. I V S°-.„ < w J «Ow«f injection f„ ASB". ts V U ®f I S jjMflj @te. L*% |^IH9
      203 words
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      33 58 biece&r&ot*-&h&%Atost--1 Cyan t fa/ne fflcMi* j j ||;;;|iee'::::!;; i|\ ASIA RADIO ASIA RADIO SINGAPORE PTE LTD Aiia Radio Building 39 MacTaggart Road Singapore 1336 Tel: (65) 298 2211 Fax: (65) 383 8600 I
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      719 59 I It is also one of the widest if not the widest I I cabins you can get comfortable in, helped in I I some measure by the increased leg and I I "THERE IS ONE THING headroom for all passengers and an enviable I I buffet of standard luxury
      719 words
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      346 60 I On-the-spot approval I I t ."-r *v I 4. > x I for your new oan I I I At Hong LeongFtndnceand Singapore Finance, And now you pay even lower rates for your I we make itepsierfcrybuto own yournewcar. new car! I I All you have to do js:
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      40 61 At she paid SttGPltion, V "9P I &51k_ I l9k t» «1BE ~jovv I I IS_ I at often naughty, I then one day hd l©3rnt to I i| I fk >H Wl^f listen, nlw^jyhe now I works for Prudential.
      40 words
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      196 62 /JIA -.•/y/JP V /yUdL fl> Balancing one's account can be as messy and confusing as playing with the magic cube. No matter how you twist and turn it you just can't seem to get it right. Let The Kwangtung Provincial Bank be of some assistance to you. Established in Singapore
      196 words
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      260 63 lissn® tuuj4£m*M. M^^BM^^^MMBBB^^^^BWM^WmlwtW~T yJ -rrffr B >' -Jfisß** '***f-^®ON> V HImmI&M The Canon BNI2OC Bubble Jet Notebooks Now avqilable in the more powerful PX2 and PX4 models. And we can confidently say that the Canon BNI2OC will still your favourite business application softwares. The LCD displays be the only notebook
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      404 64 liEkdKL I fc. -Jk K>l/\ I ;>;w IV IZ pp*"*"i iySS^MI few f iJWB MBv There's never been a better time to invest in Taiwan's world class industrialists are moving DBS Shenton Greater China Fund is managed Greater China (China, Hong Kong and Taiwan) the into the eastern coastal region
      404 words
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      502 65 INCOMEShieId "It's low cost with better "We can use our coverage for me and my CPF Medisave "We get protection right up "We can afford the S-.z P "*l s Your medical protection that pays you up to $240,000 for a lifetime! INCOMEShieId It a low-cost INCOMEShieId Benefits Example medical
      502 words
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      209 66 mmmummtiipisiii 9 MAROINmiff 9 SHARE FINANCING USE OUR RESOURCES TO g GENERATE MORE SHARE POWER J B W w WSk s•< a. -j/ r xr y a s f w m j margin lets you purchase stocks shares up to 3 times your pledged assets All you need to do
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      Page 66 Advertisements Column 2
      109 66 We thought you'd like to know that on top of our existing 63 awards we've taken another 5 on board. They are awards we are particularly proud of as they were voted for by the readers of Executive Travel, the U.lC's leading authority on business travel. Emirates serves 34 destinations
      109 words
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      248 67 js 11 2uljlv m n j no ill £Vuvn i ss >| Sill n jou sXofuo JV >1( 1 urd Vf U I <* ■>; t* .1 ui tuo 1 •s >I >1 <1 q l l 'H so W .sllJnss •> J 3 V V s l"'d °l n
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      200 69 O*jl U) The new Saab 9000 CD. s 1"* Because a luxury car should be a L**Jt destination in itself. w \w The new Saab 9000 CD proves that it isn't just where you go in life that matters. It's also how you get there. With a powerful yet smooth
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      285 70 t ?:> •5& v V vt' v **MKyp MX9m^^S^mmm^Btm^mM^^mmsßmwM^:^mm^mF vSBr-' *flKm' *Wi I <3fe*/ > w ff MF >»Jw '> x#* &I* ~< fw* jr V 3 v* .">*->< 4 i r lra&%|£w Frf&gj i+Mg tPssMt I i ■>4 v 5 >&* > %wm~ rn v y v w f*i
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      255 71 THE BEST MOVE INTO FOREIGN CURRENCY FIXED DEPOSITS BEGINS WITH DBS BANK. IB gT fl m mm- -JH I I J Kl J I ViH -mi jn fl JBSSilt j&z V If you've always imagined that S$ or short term loans In foreign the agreed forward rates. Foreign Currency Fixed
      255 words
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      745 72 i To PROPOSAL FORM FOR UOB LIFE GUARANTEED INCOME PLAN s %r* Jk'- I Pursuant to Section 24(4) of the insurance Act (Cap l 42), you are to disclose m this Proposal Form, fully and faithfully, ail facts which you know or ought to know. Otherwise, the policy tnued hereunder
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      140 73 'm. -i£ i§fc* 52. K. Sjsfeil < T i -jiiiLSKv 6 Lf r <« 'wf 1"? Jy Ik A l^L r Ik Ik HfeK|. L He'd be much happier if we'd done without the mature walnut panelling, the hand-finished Connolly hide and the deep pile carpeting. vk He saw no
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      293 74 m ~r .Iwxg x VI a IML" gr w w3S ;jjfeg, ■"4Sa llSfeP 1 > AH mfl WHERE YOUR NEST EGG GROWS Watching your investments grow must surely be one of Singapore Government Securities. Get more details on life the most satisfying things to do. At the new DBS Bank
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      381 75 Wmj§ M Mr VM BU A JH JHi Available in 2.0. 2 5 and 3 0 litres far both Sedan and Estate models «ti And to help you enjoy all this room, we've added programmable dual component leather seats for both the driver and front passenger. For rear seat passengers,
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      100 76 iMfmhrrthlpi Sk?^ *J...." j. -fe s sa" jfjt vM^" *yj&"r/■ tf f/ js Vf-^-'V-' r -4 *-•<*>. JfcTg v r y£ S fcj t 09 yivm Mnyi DISCOVER EUROPA'S LATEST ADDITION i S A w w Jp W V V, Itfi: K r lit m ■"*3 Jfc I From the
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      Page 76 Advertisements Column 2
      209 76 (Tl)tat lee banket Tat Lee Bank has 1 host of corporate banking MrvioH wj ranging from trade and project financing pockages to investment schemes to help your business grow. See a Tat Lm Banker today or call for more details. 0T "Go play some golf and leave the rest to
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      18 76 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY.To advoi tine your Appoartmants or Notice*, caMtoN-frso 1-800-741-1883 Bw Straif
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      157 77 U/\tAj With the continuing instabflity of many nUW (AJ uldy Ull regions of the world, we at People's are <| constantly assessing the knock-on effects which an even keel may possibly be felt in this area. We are not insular in outlook and world events do of course have repercussions
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      151 78 IF YOU'RE THINKING OF I fl MOVING TO -'^H I THE TIME. I V 'P K The stunning Republic Plaza occupies the available plot of land in Raffles Place the heart of Singapore's business and financial centre. With futuristic and intelligent features designed to give forward-thinking corporations a leap the
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  • SHIPPING TIMES
    • Article
      Asian shipowners to set up permanent secretariat
      490 79  -  By Alec Almazan SINGAPORE In a move which is expected to give them a major role in international maritime affairs, members of the Asian Shipowners Forum (ASF) have agreed to establish a permanent secretariat. The decision was made during the ASF's fourth annual
      490 words
    • Article, Illustration
      Hitachi Zosen delivers Panamax bulk carrier
      73 79 SINGAPORE Japan's Hitachi Zosen Corporation has completed and delivered a 71,550-deadweight-tonne bulk carrier to Francis Shipping Corporation. The vessel, Panagiotis A (above), built at its Maizuru Works, is the 77th Panamax bulk earner produced by Hitachi Zosen and the 12th of the maximum Panamax
      73 words
    • Article
      Lock icon Mexico to disband 8 state port firms by Nov
      232 79 Knight-Ridder MEXICO CITY The Mexican government has said it will disband eight state-owned port companies by the end of November as another step towards privatising Mexican ports. The Communications and Transportation Secretariat, which has authority over ports, has six months to
      Knight-Ridder  -  232 words
    • Article
      Lock icon Israel Shipyards to cut jobs, restrict building plans
      146 79 Knight-Ridder HAIFA, Israel Just a month after its privatisation, Israel Shipyards says it will cut the workforce and restrict its ship construction programme in order to remain viable. The company will concentrate on high-technology maritime applications and will stick to smaller ships
      Knight-Ridder  -  146 words
    • Article
      Pasir Gudang's traffic soars
      100 79 SINGAPORE Pasir Gudang, a port in the southern Malaysian state of Johor, handled 67,000 standard 20-foot containers in Jan-March, up 61 per cent from a year earlier, Bernama reported yesterday. And Johore Port Sdn Bhd which manages the port reported a 28 per cent rise in
      100 words
    • Article
      MARITIME STOCKS
      340 79 SES '000 May 30 S$ Vol CWT Distribution L 1.59 -0.01 13 CWT Distribution A 1.51 Chuan Hup Holdings 1.18 unch 41 Cosco Investment S 1.72 -0.03 2 Cosco Investment A 1.62 -0.01 11 Far East Levingsto 6.60 unch 119 GB Holdings Ltd 0.78 -0.01 2 Hai Sun
      340 words
    • Article
      Singamas arranges US$ 20m loan to finance expansion
      196 79 SINGAPORE Container maker Singamas Container Holdings has arranged a US$2O-million (5527.8 million) syndicated loan to finance expansion plans. In a statement issued from Hongkong yesterday, the company said the loan was arranged by Carr Indosuez Asia and co-arranged by Commerz (East Asia).
      196 words
    • Article
      Lock icon NYK's five new boxships to match those of partner P&O
      335 79 Lloyd's List TOKYO Japanese carrier Nippon Yusen Kaisha (NYK) will build its five new planned containerships with a capacity of more than 5,500 TEUs (20ft equivalent units) to match the newbuildings proposed by new partner P&O Containers. The carrier, whose
      Lloyd's List  -  335 words
    • Article
      Lock icon South Korean police prepare to raid Hyundai shipyard
      306 79 AFP SEOUL Riot police blanketed the southern port of Ulsan in preparation for a raid to pre-empt a possible strike at South Korea's largest shipyard, Hyundai Heavy Industries Co, witnesses said yesterday. Some 2,500 riot police troops circled the shipyard and took
      AFP  -  306 words
    • Article
      Lock icon W Australian port workers threaten to strike
      304 79 Reuter MELBOURNE Work at Western Australian ports will stop unless a dispute over the use of non-union labour is resolved, Australia's largest waterfront union has said. The Maritime Union of Australia yesterday said it was meeting state government officials to discuss the dispute
      Reuter  -  304 words
    • Article, Illustration
      Lock icon Hopes rise in sinking VLCC market
      806 80  -  Deciding to scrap an old VLCC is easy in the present miserable state of the market, but a new forecast might persuade some owners to think again. John Landells reports John Landells Trade Winds AFTER three years of market doldrums, there are finally hints
      Trade Winds  -  806 words
    • Article
      Six companies which are hanging on despite the heavy going
      497 80 THE list of owners selling VLCCs for scrap in recent months amounts to a veritable Who's Who of the tanker world: Ceres Hellenic, Navix, National Iranian Tanker Co, Troodos, World-Wide, the Livanos Group, Goulandris, KOTC, Chevron, BP, Texaco, Shell, Bergesen,
      497 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      504 80 Page ABC Cont 16 •ANL 3 •APL 12 Able 7 Accord 8 •Ahlers 6 •Ahrenkiel 4 Antaco 13 •Appenship 4 Arowana IS Astro 8 Austral 9 Avant 6 B'tang Mas 12 BSA 9 BTL 16 Bangladesh 12 Batamindo 7 Bengal Br IS •Blue
      504 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      11256 88 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. The page number refers to the location of the schedule advertisement. ETA ETA LIM Vessel ft E «mmJ£SSmJS5ji "mm t n
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    • SHIPS IN PORT
      • Article
        CONTAINER SCHEDULES
        1397 97 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Mb SNp Voy No Etb/Btf Period From To From 3 Acx Lotus 0656 02/2359 4 31/1200 31/1459 31/1700 Anda ***** 02/0300 1A 30/1500 30/1659 30/1900 I IB 30/1500 30/1659 30/1900 3 31/0700 31/1159 31/1400 4 31/1200 31/1459 31/1700
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      • Article
        AT CONVENTIONAL WHARVES
        487 97 I V«y Wo Berth Arrival Oeparture_ iurong Port Batam Bahagia 05/06/96 J1 alongside 31.05/2315 Bkstful Reefer 9510 12 alongside 31.05/2300 CaNo Star J-17 J12 alongside 31 05/0700 Gamma J16/17 alongside 31.05/1800 Hetf 05/09/95 J1 alongside 3105/0300 King, Be 05/06/95 J5/6 alongside 31.05/2300 Prasetya Lestari P99 J13 alongside
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      • Article
        COCKETT BUNKER MARKET REPORT
        905 97 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
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    • Air & Land Transport News
      • Article
        Lock icon Taiwan drafts plans to open direct air links with China
        368 98 AFP TAIPEI Taiwan's aviation authorities have worked out a blueprint to open direct air links with China before 1997, an official with the Transportation and Communications Ministry said yesterday. Under the plan proposed by Civil Aeronautics Administration (CAA), foreign airline
        AFP  -  368 words
      • Article, Illustration
        Bayer's cool idea
        87 98 SINGAPORE German chemical group Bayer has introduced a new transporter for shipping products which are sensitive to low temperatures. The vehicle (above) was developed in cooperation with the Spedition Pietrzik haulage company of Monheim and vehicle manufacturer Fahrzeugbau Butzen. It solves the problem of transporting a number
        87 words
      • Article, Illustration
        Lock icon Indonesia proposes alliance with Japan, Australia to build aircraft
        311 98 AP CANBERRA Indonesia's science and technology minister yesterday proposed an Aus-tralian-Indonesian-Japanese consortium to build passenger and military aircraft for Asia. B J Habibie said the consortium could eventually grow to include other Asian nations, in the same way the European Airbus
        AP  -  311 words
      • Article
        Lock icon Mercedes expects new E-class to boost sales by 11%
        281 98 Bloomberg Business News ULM, Germany MercedesBenz AG's new E-class models are expected to drive an 11 per cent increase in car sales for the company next year, according to chief executive Helmut Werner. Mr Werner is convinced the new models, successor
        Bloomberg Business News  -  281 words
      • Article
        Lock icon Air France, JAL may start joint frequent flier scheme
        199 98 Reuter TOKYO Japan Airlines (JAL) and Air France are considering a joint frequent flier programme and other measures to strengthen their cooperation, a JAL spokesman said. The two airlines' chairmen will hold a news conference in Tokyo tomorrow to announce details
        Reuter  -  199 words
      • Article
        SIA is businessmen's favourite
        102 98 SINGAPORE Singapore Airlines has been voted the top airline of business travellers for the second successive year. In the Asiamoney 1995 Business Travel Poll, based on a survey among 102 top business executives, SIA picked up 656 points, or 36 per cent of the total awarded,
        102 words
      • Article
        Boeing 777 wins FAA's extended flights certification
        341 98  -  By Alec Almazan SINGAPORE The Boeing 777 jetliner has received certification for extended twin engine flights from the Federal Aviation Administration (FAA), making it the first plane ever to win approval before entering commercial service, Boeing officials said. This confirms a Shipping Times
        341 words
      • Article
        Lock icon PAL cuts some domestic fares
        91 98 Reuter MANILA Philippine Airlines (PAL) announced a cut in some domestic fares yesterday, and a government aviation official said further liberalisation of the industry would lead to more fare reductions. PAL, a monopoly carrier until the Philippines began its first tentative steps towards liberalisation in
        Reuter  -  91 words
      • Article
        Lock icon Renault to boost exports
        87 98 Reuter PARIS Renault SA aims to increase exports and productivity in a bid to boost its competitiveness internationally, chairman Louis Schweitzer said in an interview with the newspaper La Tribune Desfosses. In terms of competitiveness, "we're in a favourable position in the European context, but not
        Reuter  -  87 words
      • Article
        Lock icon Central Asian states' train links
        77 98 AFP HANOI Tajikistan and Kyrgyzstan have joined the International Organisation for Railway Cooperation at a meeting in Hanoi that focused on developing train links between Europe and Asia, reports here said. The two central Asian nations are landlocked and heavily reliant on rail links to
        AFP  -  77 words
      • Article
        Lock icon Moscow airport shut for repairs
        85 98 Reuter MOSCOW Moscow's main international Sheremetyevo-2 airport was shut yesterday for emergency repairs after a heatwave buckled the runway, Interfax news agency reported. Officials said the airport would be shut from 9 am to 2 pm. State international airline Aeroflot was forced to reschedule the
        Reuter  -  85 words
      • Article
        Emirates to get first three B777s next April
        321 98 SINGAPORE Dubai-owned Emirates airline will take delivery of its first three Boeing 8777s in April next year. The deliveries are part of a US$2-billion (SS2.B billion) deal with Boeing that involves seven firm orders and seven options. When the other four 8777s
        321 words
      • Article
        AIRCRAFT ARRIVALS & DEPARTURES
        1432 98 AIRCRAFT ARRIVALS DEPARTURES ckjt ng in nm n» Mm DMM OK 156 1736 GA974 0020 GA964 0310 SQ442 2000 0*157 aoao >MlUl S0227 2030 RJ182 1440 RJ183 2210 nwHiw KL843 0455 KL832 2300 GA893 1310 SQ632 2355 KL837 1450 SQ323 1565 ilTtlinl NZ21 1820 NZ22 1940 SQ288 2050 SQ285 2045
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  • Page 79 Advertisements
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      Page 79 Advertisements Column 1
      64 79 Orager m SAFETY EQUIPMENT (SOLAS APPROVED) PA9O MARINE 1 Specifically Designed Breathing Apparatus For Maritime Applications HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE Draeger South East Asia Pte Ltd 67 Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING Hopes rise in sinking VLCC market:
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      Page 79 Advertisements Column 2
      188 79 I WEEKLY LCL TO: 11 Algeciras Las palmas I •Barcelona •Madrid Bilbao »Tenerife i Ceuta •Valencia 9 TRAPE AHHOMHtEHEIIT \jj II FAR EAST/MID-EAST P k H RATE RESTORATION OF |1 PP USD 150 PER TEU IJ I In view of escalating operating costs and deteriorating freight I II rates, the
      188 words
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      1214 80 rwiwnmmimm r OTHER DESTINATIONS 1 P I NORTH AMERICA 1 I WFSTT COAST Of CENTRAL AMERICA WAHQARtTA SERVICE) BWQAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST! I Wwt iHOUtrwl ewe Iff ng* Iw I, [-U— I i»m| mm ""TT IT* ITT I ssr are! si si slsi" 1 a I lal
      1,214 words
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      Page 80 Advertisements Column 2
      274 80 Lints and »er»icti represented by Members of the Registry of Accredrted LhqßJ Shipping Agents, Singapore National Shipping Association. for advertising enquiries, contact Shipping Times. Td 740-2089 CENTAURUS 30/5 3* RdnrVAiWUK/Nantes I ARIEL S/B 0/6 RdnVAIwAJK/Nartw K Loarta E/W. Mdayda. Indonaaia J ILndnglor 1 AYNUR KALKAVAN NAZLIK Jeddah/Port Said I PAN
      274 words
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      Page 81 Advertisements Column 1
      871 81 FOO N G SUN \f SHIPPING (PTE) LTD WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0611 TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FS6HIP vEssa vor eta etd destination SUN RAY 9/95 34 S* PIAJUmEMMN6 NEE OMR 1 7/96 3/6 Hi PONTMNAK/SMTETE GULF SULTAN 2/te Hi lli BEN6KULU/PADAN6 SUN FLORA
      871 words
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      Page 81 Advertisements Column 2
      994 81 EXPORT TO: JEDDAH/UK/CONTINENT VBSa/VOT ISTOB ItUI irms MN SUM l» ■osa ins n/M m/m m/m n/M m/m mwLi muenmms m/m is/m n/u v/u n/u n/u HjLU *K5 ss ssr MEDITERRANEAN (MED CLUB)* VBSa/VOT n=n M MM MM bIM MJBGA PfMUU 7105 01/06 M/M I J/0* l»/M M9UOYD IOttKAM 771S M/M
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      Page 81 Advertisements Column 3
      846 81 HANJIN SHIPPING L BOOKINGS TEL: *****35-237 OPERATION TEL: *****41-253 SAI F«f TEL: *****30-233 DOCUMENT TEL: *****71-275 IFORVSL raTI UK HAUL »IW POl FOR VS. tM UKHMJL IN U m HANJM LON6 BEACH K2E M DWCT 2M 2W HANJM KUNSANIIK 24 H.OKW Vt 7/7 Vt HANJM ELIZABETH UK M OMCT 2M
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      1137 82 rasa wr siiteAfocc jaxxm jjg; sagjigw hamiuk tonaoAM aot«w timwt UlWflWfflgwSS OWl/l r=z Jgj JU =7i— fnynnißßmss azm ui ua ua zza m w m M_ MMtM 01/ in v> M M tMMjgxßKts N/W aa nzm v? —gg M hmmwcbmbs vum m W. M 12 MMMWA 40/373 17/4 H/t 'J/7
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      Page 82 Advertisements Column 2
      1050 82 NORASIA INTRODUCING OUR UPGRADED MID WEEK AME 10 SERVICE WITH SHORTER TRANSIT TIME: HAMBURG 22 DAYS ROTTERDAM 23 DAYS ANTWERP 25 DAYS FELIXSTOWE 24 DAYS LE HAVRE 26 DAYS FOR MORE DETAILS, PLEASE CONTACT: DORIS NGE PAGER *****08 CALVNWONG *****46 WILSON SUM *****88 TAN SEOW CHUAN TELEPHONE *****83 STOKGOCMKHT: NORASIA
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      Page 82 Advertisements Column 3
      559 82 JAPAN/HONOKONQ/BTRAITB REOULAR SERVICE LOADING FOR PORT KLANG/PENANG VESSEL VOY S PORE P 6UOAN6 PKO P€N PAKARTISAMO4IAN 1 SLO MPT KALLEN 20 MPT KJW lEVM 51 16 JUN 03 JUN 17 JUN APQLiomtu 1 kjun nm ORIENT VENTURE 17 M JUN cowmr n MJUN 84 JUN lIJUN CHUN KUAN I 86
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      997 83 H STRAITS SHIPPING PTE LTD It Hoa Cklaof Road #1101 Kippil To wars Singapore 0208 Tel: *****88 Fax: *****17 mw ouinia pacific um service of china navigation co) CARGO OIK SAM STRATI! VENTURE V»1« KK. Ska*. few J1 M* KX.UDL MWMWWWWM—MWWW—I STRAITS HOPE VKBX Mm I*. KX SWAM S J
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      Page 83 Advertisements Column 2
      2114 83 M Singapore Agent: KM 1 f .nnt9l nPI*C P&o Container* (Singapore Agenda) Pte Ltd A lIVI 0 Id Hoc Chiaag Road. W7-0I Kepptl Towers. Singapore 02*8 First Class Connections WORLDWIDE I*™? 33 PN ts? 225 EXPORT IMPOUT nv mma 3SZ B arw AMT HOT MAM OOT BMC IMi VHHi VONf
      2,114 words
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      Page 83 Advertisements Column 3
      499 83 OUTMOUMP HL Wl JOH «M MB MO TM W M OWMOJWI MAN HM 211 MBit MM 2MB 27M M PONT MM! BBM B7M MM IMB IBM 17M I I HSL, MANHMM2MBM 2MB 2MB 31M M-MM MM B7M MM 11M 2f5! !s*_ JIS MMI MM H3 MTW 31M BUM B3M BMMB
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      1237 84 i EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA SOP ROM HBG TUP ANW LHV LHV ANW TUP HBO ROM PKL SOP I «I. RIGHT RW 410 IM 23* 25* 27* 20* 20* i. GENTLE RE 050 1/5 5* 3* 1/5 4v5 JO/5 IN PT RENOWN RW-011 10* 30* 2/7 4/7 1/7 5/7 E. GREET RE-MO 7*
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      Page 84 Advertisements Column 2
      821 84 PERSIAN GULF SERVICE vtssa vuy sgp oui 3u om rah UwT Ul ou mm «m vm 17* I UWCOKCOfIO 0351 0?1W D4W 5 2Mt TIM ?1« H UNI CORONA 3352 07?* ,i» »W £5 'W I UMONWMO 063-013W 24M OM7 «M 7 OM7 IM7 ALSO ACCEPTING Fa TO DOHA WMM.
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      Page 84 Advertisements Column 3
      639 84 U TEL: *****33 (12 UNES) FAX: *****15/*****03 IHi I TELE* RS ***** RtSHIP (3 Una*) CRNO: **********0E ETHIOPIAN SHIFPIMS LINES f (National 1J»« of EAiopto) ACCEPTING FCL AND CONVENTIONAL Vws Voy WTA Loading for Bpow Abbay Wonz 44W8 06/07 D ltxx An«n« 4QWB 1M» B KIEN HUNG LINE FULLY CONTAINERISED
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      2114 85 nvVSVimwlViß 1 HEUXHWE, BOTTHaAIi andimypuro tlMMin'i liiinl «n«fi ft/ l9»**r*l): tit tMI t»l**/t**U*t H***l f*f* COSTAR SHIPPING PTE LTD &SSS?&3S m C cZZ*Z?2mm "ft?" f" '»"U ommru J/''" UCKUt CCtU JOHOBC OFFICI Fit: tttMII Fit IIM g*r M WMMNI COST AH ASCHCIIt SOU MO ni i;-HMiH/>r fh iT-suim t O
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      Page 85 Advertisements Column 2
      742 85 (it FAMOUS CONTAINER UNES JMmim 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LIME: *****33 (30 UNES) GOTHENBURG/SCAN 05/06 ROTTERDAM 05/0611 AARHUS/COPENHAGEN 05/06 HAMBURG/BREMEN 02/0611 MARSEILLE/FRANCE 06/06 FELIXSTOWEAJK 03/06 BARCELONA/SPAIN 09/06 LEHAVRE/FRANCE 05/0611 GENOA/ITALY 03/06 ANTWERP/BELGIUM 02/0611 LOS ANGELES/WC/IPI 02/06 SYDNEY/MELBOURNE 01/06 NEW YORK/EC 02/06 FREMANTLE/ADEIAIPE 05/06 VANCOUVER 02/06 BRISBANE 08/06
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      1034 86 Mlgmpißtl vessel voy sin jkt Ivessel voy f .HATHA mUM .IS I»« 5I K T, M JA Pggt »0Y m 7 1 WAMA BHUM M SS_ _L« «<S_ M MAHABHUM* 229N Wd In Pt St 3/6_ WRA BHUM 1343 Moo V 6 Thu 8/6 BUNOASEROJA 50M Juj 5£ WVABHUM 375N
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      Page 86 Advertisements Column 2
      921 86 79 ANSON ROAD, 821-01, SINGAPORE 0207 TEL: *****02 FAX: *****57 CR **********0N I BTRAITS SHUTTLE SERVICE *T PORT KLANO PENANQ T VESSEL I VOY I Sin PKL VESSEL I VOY MM I rei EAGLE BREEZE 206 A 01/6THU 03/6 SAT LHOTSE 5032 026 FRI 046 SUN MCC CONVEYOR ***** 026
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      628 87 F BSA ifc. 1 1 MYANMA b:\Bßk FIVE STAB LINE (Myanmar National Line) w Loading lor Yangon (Rangoon) S'MN p K>« PEN P Mfl MAWLAMYIN6VMW INPT PAGAN V22OW 31/05 MYOMAYWA VISSW 15/06 -MALAYSIA AGENTS: SOUSTEAD SHIPPING AGENCIES a KUI: TEL 82-03-*****00 PKL: TEL 82-83-*****01 PEN: TEL 02-44-*****82 PGO: TEL 02-07-*****21/4
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      Page 87 Advertisements Column 2
      762 87 N agggflll PACIFIC INTERNATIONAL UNES (PTE) LTD 140Coci Street. #03-00 PlLBuildinQ, Singaporeolo6. SSSSSff B Cfl NO **********06 TO MUKALLA AND MASSAWA EVERY 20 DAYS TRANSIT TIME TO MUK 14 DAYS, TO MSW 17 DAYS SEE OUR NEXT SCHEDULE OR CALL US FOR DETAILS I I VESSEL VOY SM TMM I
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      Page 87 Advertisements Column 3
      801 87 |CR WO: **********0Z I VESSELS VOY "»T" L£ H*/R£ HAMBURG THAMES ROTTERDAM AKHWERP VELEOE NORMA NOOW 31/06 2MB 22/06 2V» 25*» VLLE OE CARINA COOW 08/D6 27/06 28/06 30*06 01/07 00/01 VBXE DE SAOfTTA SOOW 13AM 0407 OMT7 08AJ7 00/07 1007 VU-ED AQuEA AOOW 2M)B 13AJ7 15/07 16A37 1707 ALSO
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      1646 90 v •I ACATJWTC K" UMB (MMQAPOWgI PTO LTD (CR MO: 1244t73MMMCtT HH» NO: IC-M1739M) *P» TEL *****77 TELEX KAWAKIRS23I6S FAX: *****16/7/8/9 mjL W TWTV7 MALAYSIA: "K" UNI MARITIME (MALAYSIA) SON WO I H m TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 I J" INDONESIA: P.T. SABANA
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      Page 90 Advertisements Column 2
      1483 90 AMERICAN PRESIDENT LINES, LTD. 1-Li.i-i?- rut ~i ct/ix Punmp 5M5 CPS *****59 19 KEPPCL ROAD <02-01 JIT PQH BUILCMNO SINGAPORE 0206 MAJN UN6 225-9986 CUSTOMER SERVICE 2Z5-IZZ> TO NORTH AMERICA CANADA WCLV S«WIC« itttKuvowni |mi iwl |p« iJtr mm g* *n w -j£- -55T 757" PBMWCIO MM KM MM (Ml
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      629 91 (AWnLY-OMROSUBOMrrOFNOL) Official Agent of: Cpshl^HOP (SEA A AIRFREIGHT) aa»,n »u- INTERNATIONALE SPEOmON MAINLINE: 278 7772 WEEKLY LCL CONSOLIDATION INDIAN SUB-CONTINENT ETO ETD COLOMBO 04/06 11/00 CHITTAQOMQ 04/00 11/00 CALCUTTA 03/00 11/00 BOMBAY/NOW D6LHI 00/06 12/06 KARACHI 06/06 11/06 MftPWAt 06/06 12/06 USA/EUROPE rro «to USA (ALL INLAND POINT) 06/06 12/06
      629 words
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      Page 91 Advertisements Column 2
      1820 91 Nedlloyd Nedlloyd unes JO EUROPE: EVERY MONDAY AND FRIDAY AT SPORE Wm I CR **********6R P«i(n POiin S* P««« >M> sou Rtm A«• Ham Brti Ham Sou Srvlll Rtm(2) La<i PV* SM UO«;FI /iois 29/5 29/5 2/6 29/5<F) 22/6 23/6 17/6 18/6 20/6 NLL AMERICA /4195 7/5 10/5 11/5 8/5
      1,820 words
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      Page 91 Advertisements Column 3
      371 91 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street *16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX; *****05 CR No.: *****8 200 00R Y.S.N. LINE«.i-ijiiti.Bi.i.).iiu!i.nun.i.iiJUJ MLi.-ijj iiiiJ^ VESSEL WOT HOMGKOMG I SI*GAPORE I P.ICELAMG PENANG PIMT H-12* 13-14/1 15-1 M SWw H tl!* IM3O 14-150 16-176 IM Ullhw M
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      Page 92 Advertisements Column 1
      1415 92 ■UUfiHiHHWia U.S.A. CANADA 3 TIMES A WEEK MAERSK YOKOHAMA V.9510 ETA SIN STH JUNE 199S MARGRETHE MAERSK V.9506 ETA SIN 6TH JUNE 1995 ARTHUR MAERSK V.9510 ETA SIN 7TH JUNE 1995 UMMI *>* ETA ETO I QESTI NATIONS Next wMk PANAMA N«xl w—fc BTH STRING MARC MAERSK V 9808 LUNA
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      Page 92 Advertisements Column 2
      696 92 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPOfIE I P.KEIANG HAUFAX HYORK NOflfOtX N.OALEANB SAVANNAH TAMPICO HOUSTON HOEQH DYKE 31/IJUN I 2/3 JUN 7 JUL 10 JUL 13 JUL 20 JUL 10 JUL 24 JUL 29 JUL EgsssE ss rgHSswi S& -as 25auq a# *VMFnivtilpM FROM INDONESIA, SPORE,
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      Page 92 Advertisements Column 3
      222 92 PHILI-ORKNT \*+UN(S PU LTD ®TEL: *****00 (16 UNES) FAX: *****76/*****38 CR COOS: IOM7BOOOOOH WJSt P. HUM 03-*****06 piano o» ear* y 00 JUNE AUCKLAND, WELLMGTON, LYTTLETON, 02 JUNE KAPIER. CHRgTCHURCK NEW PLYMOUTH 06JUNE ROTTERDAM, HAMBURG I ANTWERP. ALL EUROPE. MLANOOESRNATIONS 06 JUNE AND CENTRAL SOUTH AMERICA PORT* 04JUNE JAKARTA 04JUNE
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      Page 93 Advertisements Column 1
      822 93 CONSOLIDATION TO BUS AN FIRST FORWARDER IN OFFERING TWICE WEEKLY i»^ w S LCL SERVICE TO BUSAN Call SANISA at DID 277 1058 (T(6)j) I for bookings NOW!!! Tel: Fax: Singapore 561 1668 272 9838 IMTERNA^SI Q FRBGHT £k Also has offices in:- and logistics services 0* Ml MALAYSIA THAILAND
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      Page 93 Advertisements Column 2
      1019 93 .in ia^^^—inwwiißßßWiiißiionßProfiwnt—if# «aa ja mbl_jm —bmh—m nL-JB-JLip-nL IhL« Bif aw m Sr 9M an mm «b w mmitni mm- an bm mm bm bm I? fTr 2? J ia6 MM an 24 W 11H NO MKWU4IN BR MM 17 M lIM MM MM 2ZT mZ MM «H mm aZ vZ
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      Page 93 Advertisements Column 3
      358 93 'JOINTLY OPERATED IY ATUS LINE, CHITTAGONG KMTC LINE, SEOUL (ATLAS SHIPPING LINES LTD) (KOREA MARINE TRANSPORT CO. LTD) Ml EAST -lAT OF lEHtAI (OMtIITIOMAi lE6UUI UIEI SERVICE vtmi vn a» Q*"i"i AiSWAMBJZ 001 Ot/Ot/tS H/H/W WOW mm* 003 r\/HM WUfl s jo/wh IM 004 to/om 14/W/W WW* TIM 005 WW/15
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      338 94 L Singapore Soviet Shipping Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY TTCT"" BOM COC KOTA MUTUAA MUTO2B OVO6 12AM MAMASLU SIS 07AM ISAM M. KURAKO MKOBN OSAM ISAM SMS •CA OLOMY OLMMS ISAM 27AM KOTA MUTIAMA MUTO3I 2S/DS (WW HOCHIMINH/HAIPHONG IvtSSCL VOV S»N MCM HPH WSOKOOORSK OS6VSS 01AM
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      Page 94 Advertisements Column 2
      170 94 SIM FAR EAST 6/6 KEELUNG/KAOHSIUNG 4/6 BANGKOK 4/6 MANILA/CEBU 5/6 JAKARTA/BELAWAN/SURABAYA 5/6 PORT KELANG/PENANG/E. MALAYSIA 6/6 BUSAN 6/6 TOKYO/YOKO/KOBE/NGO/OSA 6/6 HONG KONG SIM CHINA (*Bl#±»*n) 4/6 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGOAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 5/6 LDN/FLX/LVP/SOU 5/6 RDM/HAM/ANT/lEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIM USA/CANADA 5/6 LOS
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      Page 94 Advertisements Column 3
      363 94 I STAR SHIPPING AGENCIES (S) PTE LTD I ZIM CONTAINER SERVICE GOU> STAR UNE LTD SETH SNIPPING CORPORATION TELEPNONL* 220-6666 (8 UNES) FAX: *****70 U *****12 (MARKETING) (CR NO. **********0-1) N. AMERKA/CARItBEAN SERVKES unu IVQTI M I MMIMfI If* KM MV NYC Nfl ■rnnaa jtt ~jh iimu m FWWWTir ZMtUI
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      Page 94 Advertisements Column 4
      401 94 I VESSEL VOY SIN MAA SIN TIGER BAY 335N 0203/06 07-11/06 IS-17/06 TIGER CAPE 336N 0506.06 11-14/06 19-20/06 TIGER ISLAND 337N 06 1006 14-1806 22 24,06 TIGER BRIDGE 338N 12 13,06 18-21/06 26-27/06 TIGER BAY 339N 15-17/06 21 2506 29-01/07 TIGER CAPE 340N 19 2006 2528/06 03 0407 I VESSEL
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      Page 94 Advertisements Column 5
      226 94 V*l Ml FKM Mai TO WCt tyTT MUSKIM7 MM IMF" WW 1W MARTHA II Ml 11*7 IMT 2M7 IM7 >I*7 CM C VtWOlMt Ml 3M7~ 11<l 14M «M' mtmmam i*m mm mm mm mm mm 'ma Auckland rtl a W WW CHI fW. HI MljMa M 7 IIM M/ 17
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      307 95 FOUR TIMES/WEEK SAILINGS: P. GUOANG/SPORE Eta eta VESSEL VOY PASM OUOANO VOY SINGAPORE KUALA SiAK V 4086S 31/08 (WED) 4088N 01/08 (THU) KUALA SIAKV 4087S 02AM (FRfl 4067N 02/06 (FRQ KUALA SIAK V 4088S 03AM (SAT) 4088N 04AM (SUN) KUALA SIAKV 4089S OSAM (MOW) 4089N 08AM (TUE) KUALA SIAKV *****
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      Page 95 Advertisements Column 2
      417 95 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL/VOY ETA SM ETA MAA PRIVOLYE V.20 IN PORT OS-OWW BUNOA TERATAIVTERO4I 02-03/0* 06-11/06 TIGER BAY 33SN 02-03/0* OS-11/OS PESTOVO VIS 04-05/06 10-11/ OS SEA DRAGON V DRGOS7 04-05/06 10-11/06 TKJEP CAPE V.33SN 05-o*o6 11-14/06 KOTA JASA V JSAO7S 11-12/06 16-IWO6 SEA DRAGON
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      Page 95 Advertisements Column 3
      297 95 xax NEO SHIPPING n?T AGENCIES PTE LTD w Tel: *****29 Fax: *****59 SPORE WEEKLY RO/RO-CONVENTIONAL SERVICE TO HO CHI MINH TRANSIT 2 DAYS LOADING SINGAPORE ON ALSO ACCEPTING FCL CTNRS TO HAIPHONG 05 JUN 95 HAIPHONG 12 JUN 95 WEEKLY CONTAINERS SERVICE TO BOMBAY TRANSIT 10-12 DAYS LOADING SINGAPORE ON:
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      Page 95 Advertisements Column 4
      588 95 sex 'CALIFORNIA SATURN 74E' eta sop 07/06 I U m jII arriving LOS ANGELES in 16 days I I fW fc I aex: 'NEPTUNE RHODONITE 21E' etasgpoz/oa I EXPORT 1 SINGAPORE CALIFORNIA EXPRISS (SCX) TOt USWC-CANADA v—«*• W lOi OAK VAM m ATI. CCO MOW MHI PU> TOW MOW CALIFORNIA
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      Page 95 Advertisements Column 5
      143 95 REGULAR SINGAPORE VIETNAM SERVICE VESSELS VOY NO ETA ETC DESTINATION SONG MB* OS 2/96 3QW 01/06 CANTT«VMYTHOt OA OMH MB 06/06 OMK VUNGTAU AGENTS: IMKOV SHIPPING CO PTE LTD 39 DUXTON HILL SINGAPORE 0208 TEL: *****73 FAX: *****85 tMmjmmmm COLOMBO MADRAS ALSO MALDIVES WfEKLY LCL/FCL SIRVtCi FROM PINANO/PORT KLANO Agent*:-
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      Page 96 Advertisements Column 1
      763 96 AFGHANISTAN MAM Afghanistan Ltd., ■kJH o_HkjH Hairatan, Torghundi, Islamqala (Doqharvn) IvloclVl C.1.5./RUSSIA: Alma Ata, Ashkhabad.Baku. Dushanbe. Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, Mllltzer a MUncn Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE HHbQSSHHHIHKI to WEST COAST SOUTH AMERICA ftltQ AI.CIPIHQ
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      Page 96 Advertisements Column 2
      349 96 |*A* MN CONTAINER LINES, INC I Agents: MAC-NELS SPORE: *****22 (24 LINES) MVy J QWWOHWIIIIMH MMJ (084) *****8 KUCHB4Q (082)*****3 PENANG: (04) *****6 BANGKOK (862) *****07 MAULA (632) *****61 P. KELANQ: (03) *****77 JAKARTA; (21) *****07 SURABAYA: (31) *****0 I ASIA HKG/TWN/BKK GENOA/EUROPE I "SSS Sf I m m M
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      Page 96 Advertisements Column 3
      590 96 kbhhhrhhhrihiihihh* ■■^■nKyawMnwiHin^M* STRAITS/JAP AN/STRAITS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO SO TONS Ira Ira iomhkm VBSB Jw m WUtMUm 4 */S 1/4 OKMK 4/L MTMI7/4 Qll/i NMOU 71/4 TWTfO n/i UNM M/ 4 OMBfTUY 7 2/*- SIMA4ATI 4/4 OUNOT */4 IAMQtOC
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  • Page 97 Miscellaneous
    • Miscellaneous
      Page 97 Miscellaneous Column 1
      133 97 REGIONAL WEATHER LEGEND: R Temperature c /C\ ShoweT Weother Wind directron w,th speed in knots 5f in Wove hetght Cloudy Sky Wfoce wind* or* indicated by of rows which fly with the wind On* fut circle represents colm or light ond voooble winds i— On* holf Heche represents 5 knots
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      41 98 ANNOUNCEMENT Office Ivoirien des Chargeurs (OIC) hereby announce to the cargo owners of the shipments to Cote d'lvoire that OIC Visa stamping has been abolished and there is no need to obtain Visa with immediate effect. Office Ivoirien des Chargeurs (OIC)
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