The Business Times, 18 April 1996

Microfilm: NL20595
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE THURSDAY, APRIL 18,1996 85«
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  • Article
    MARKET SUMMARY
    42 1 PiSnwrit ffWOOMP T U J31&38 (+6.38) D 1147J8 (+0.39) mmmmmmmmmmmmmmmmmmrnrnrn KL8EQQHP— waff 4U8 jgtnZlx* 'Sm* I JAKARTA OOMP,—JM.17 +4J1 MANILA OOMP J*7.*_ -28.94 fWHWfl H87JR +141.71 SBOULOOMP m# +14.87 CLSACHBUB ***** -Ml ACSTALLORD 2MJ_+t7 lpa EST CfautfP DOW —M77.7& ,.-4117
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  • Article
    FINANCE
    53 1 uw a m —1.41# L 1J07 1124 Tilt. '.V; Ml W list 1.182 ■AST i MM MM SINGAPORE* 144 KUALA LUMPUR JAKAKTA IMS BANGKOK 14 75 wiph ZlZZIaw SYWfSYJ M.7I TOUD- il Ml WtKZL tlM ZUBCr*.__ 4jN FlAWfWrr- LM LONDON IS NBR1QK-— M& 'Awaprfttkrts. "Flwt -Cwtol bok few* rata
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  • Article, Illustration
    MRT contractors, property developers advised to team up
    512 1  -  LTA says tie-nps not a pre-condition, but will help integrate development By] Lee Han Shih [SINGAPORE] The Land Transport Authority (LTA) has advised contractors and property developers that "it would be ideal" if they could "come together" to pre-qualify for three station
    512 words
  • Article, Illustration
    Lock icon PSA clinches S$670m Dalian port deal
    311 1  -  Venture with Chinese will be its first investment abroad Byl Yong Mei Fong [SINGAPORE] The Port of Singapore Authority (PSA) will soon make its first overseas port investment in China, where it will partly own, develop, manage and operate Dalian's Daoyaowan Container Terminal. The
    ALLAN  -  311 words
  • Article
    Centrepoint to share property tax cut savings with tenants
    384 1  -  By< Jenny Lam [SINGAPORE] Centrepoint Properties is taking the lead in sharing its property tax reduction savings with all its office and retail tenants. A spokesman told BT yesterday the company would pass on 50 per cent of its savings to
    384 words
  • Article
    US, Japan seal security alliance for 21st century
    423 1  -  Clinton, Hashimoto see equal partnership in Asia-Pac security From, Anthony Rowley in Tbkyo US PRESIDENT Bill Clinton and Japanese Prime Minister Ryutaro Hashimoto yesterday sealed an alliance for the 21st century that foresees the two nations developing into more equal partners with
    423 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      101 1 nnnpg I I I J I I Redevelopments are giving this quiet and injure residential estate a new kx*,F*4 MBfiIUPB impact on landlord's profits. fir* GhffcalOvf cafe off fc—i 17. Slight diaappointnent hw Til ■fcpf pg 17. Stock has been on active and top gainers' lists lately. HFLtf»c*Utsll-M*k It&,pgl7. Further
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      Page 1 Advertisements Column 2
      29 1 Alfred Dunhill Printed Ties {flrrd Q)unAi/it'iJjbrinp/Summer (Q9&Go/faction, inspired(Ae Gari/t/fea/i. ill Gla&sukt to treasure since /<$?& 'lit// v i(flrc</ y)u*Ai//at tAe i/tcirapon. Jjkt 'i/ui iijw 'Jhtfles (><{y a/td (/human/ -/iasup Gourt.
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      Page 1 Advertisements Column 3
      9 1 US, Jtpu bury years of trade acrimony, Pg 8
      9 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      PSB to pick and guide firms with winning potential
      333 2  -  Plan is to build on capabilities of 400-600 SMEs to develop them into promising enterprises By< Annette Pau THE Singapore Productivity Standards Board (PSB) aims to develop some 400 to 500 promising small and medium -sized enterprises (PSMEs) to the level
      333 words
    • Article
      Lock icon S'pore Power in joint bid to build Guangxi power plant
      276 2 PirtMriiicMt Saba-Union and Tomen Ctrp Bloomberg Business News [BANGKOK] Saha-Union pic, Tomen Corp of Japan and Singapore Power International Pte will jointly bid to build a 700 megawatt power plant in Guangxi, China, a Union engineer said yesterday. Rights to
      Bloomberg Business News  -  276 words
    • Article
      SHA to study latest technology in state-of-the-art hotels overseas
      298 2 THE Singapore Hotel Association (SHA) is to set iqp an industry research and development team to study the latest technology in some state-of-the-art hotels in the US, Japan and Europe. SHA's chief executive officer, Pakir Singh, said yesterday that a list
      298 words
    • Article
      TDB on Cambodian mission
      103 2 THE Trade Development Board (TDB) and the Singapore Plastic Industry Association are mounting a five-day mission to explore business opportunities in Cambodia. The delegation, which includes representatives from 13 companies, will be led by Cheong Chee Chiew, an executive from Superior Metals. TDB officer Wee Tia
      103 words
    • Article, Illustration
      Lock icon Unidentified buyer may pay $37.8 m for Hexagon House
      324 2  -  By. Jenny Lam HEXAGON House, an office building along Beach Road, may have found a new owner after a year-long search. The buyer, an unidentified locally-listed company, is said to be willing to pay about $37.8 million for the property which
      ARTHUR LEE  -  324 words
    • Article, Illustration
      Lock icon It's full swing for a beefed-up Orrick
      560 2  -  Finn gets new blood in 4 former Condert Brothers lawyers By Anna Teo AMERICAN law firm Orrick, Herrington Sutcl iffe, which started up quietly In Singapore six months ago, goes into fUll swing this week with the addition of four ex-Coudert Brothers lawyers.
      CHRIS LOH  -  560 words
    • Article, Illustration
      Lock icon Money supply picks up strongly
      325 2  -  EYE ON THE ECONOMY Finance By} Paul Leo GROWTH in M 2, the chief measure of money supply, picked up strongly in February after a year of slow growth. Figures from the Monetary Authority of Singapore show M 2 grew 8.6 per cent year on-year
      Source:  -  325 words
    • Article
      KL-Singapore environment panel planning action to clean Johor strait
      281 2 THE Malaysia-Singapore Joint Committee on the Environment (MJCE), which met early this week in Malacca, will develop an action plan to clean up the Straits of Johor. This was disclosed by the Ministry of Environment (ENV), which however, did not give
      281 words
    • Article
      Build-Speed found negligent in MRT accident
      189 2 A CONTRACTOR whoee fivetonne vibrating hammer fell onto an MRT viaduct in GeyLang last week faces government action after being found negligent The Ministry of Labour and the Land Transport Authority said yesterday that Build-Speed Construction Pte Ltd had contravened the Factories Act because
      189 words
    • Article
      Yishun Seafood seeks franchisees for HDB outlets
      423 2  -  By Teo Sin Ee SINGAPOREANS with a craving for chilli crabs, buttered live prawns and lobster salad will soon be able to satisfy their hunger at a restaurant right at their very doorstep. Yishun Seafood Group, which manages Seafood Junction, aims to expand
      423 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      93 2 COLLECTIVE SALE DISTRICT 11 I 11G SHELFORD ROAD Prime Freehold Development 0 I DGP plot ratio of 1.4; Up to 4 storeys o SHELFORD |c| Land area: 45,522 sq ft (Approx) QAfl €N Excellent Accessibility /gl use* I Near reputable schools, institutions and amenities fW\\ r [TenderCloses:23May '96(Thur)at4:OOpnT| pm \3\
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      263 3 Opel Vectra You're destined for truly great things in life. May we recommend just the car to see you comfortably there? Presenting the all-new 1.6 litre Opel Vectra. And a brace of valuable features that lets you appreciate the collective Arguably, the only German engineered car in its class that
      263 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon New look for Frankel Avenue
      691 4  -  The quiet and mature East Coast area gets a facelift as old houses are redeveloped By) Diana Oon [SINGAPORE] A SPATE of redevelopments along Frankel Avenue and its surrounding area in the East Coast is giving the quiet and mature residential estate a new look.
      JEN CHUA; CHRIS LOH  -  691 words
    • Article
      ERA ventures into HK
      332 4  -  By, Abdul Hadhi [SINGAPORE] Property agents ERA Realty Network (ERA Singapore), which estimates it has a 20 per cent share of residential sales here, has set up operations in Hongkong. The Hongkong company, called ERA Realty Ltd (ERA Hongkong), is a three-way venture between ERA Singapore,
      332 words
    • Article
      Over 90% take-up rate for Millenia Tower
      335 4  -  umipeuuve rentals attract former Baffles Place tenants By Teo Sin Ee [SINGAPORE] Pontiac Marina's Millenia Tower has reported a strong take-up rate of over 90 per cent. Most of the net lettable space of 700,000 sq ft has been leased to established firms
      335 words
    • Article
      House Hunt
      778 4 Properly transactions for districts 15 and 16 (ssctors 42 to 45 and 46 to 48) lodged betweenApril ***** to April 19 1996. PROJECT HAME/ PROP CONDUCT TENURE LAND AREA PRCE PSf STREET NAME TYPE DATE Oq It) (SSDOO) (S$) District t5 (sectors 42 to 45) Amber Park Apt
      778 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      139 4 25 Swiss Club Rd (under construction) AUCTION SALE 25/4/96 Exclusively designed Californian Freehold, Land -Approx. 21,293 sq ft Lifestyle home m Superior finishes/landscaping 2-storey detached house with attic Expected T.O.P. June W TO FULFILL YOUR DREAM OF OWNING THAT PRESTIGIOUS ADDRESS IN SWISS CLUB ROAD Call Angela Mak or Sean
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      138 5 TjO COMMEMORATE i#;E%S OF CINEMA ©MAS PRESENT THEm OWN CELUpJfD l^&': fl||H H T wHtePtai n pen you are looking at is the j" <£ and are today recognised as thf originators of the official commemorative writing World's most sought-after and bei&iful pens. But just I*e the insddng the creatio^i
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  • SOUTH-EAST ASIA
    • Article, Illustration
      A tall Umno order?
      685 6  -  LBTTBRFKOM KUALA LUMBER Rules for party polls being changed to avert shadow fights By Ho Kay tat UMNO (United Malays National Organisation) elections are getting more bureaucratic and that is likely to take some fizz out of this year's polls scheduled for October. It is no
      685 words
    • Article
      Lock icon More liquid banking system sees M$4.5b surplus
      150 6 KUALA LUMPUR Reuter LIQUIDITY in the Malaysian banking system expanded in January this year with a resource surplus of M 54.5 billion (552.53 billion) against Ms4l7 million the month before, the national Bernama news agency quoted the central bank, Bank Negara, as saying.
      Reuter  -  150 words
    • Article
      Lock icon Workers ease higher minimum pay protests
      255 6 JAKARTA Employers will pay new basic wage, say officials and papers Reuter WIDESPREAD protests by Indonesian workers demanding higher pay tapered off yesterday after employers promised to meet increased minimum wage levels, officials and newspaper reports said. The protests began in west Java and
      Reuter  -  255 words
    • Article
      Lock icon Several foreign firms keen on industrial projects
      141 6 MANILA AFP SEVERAL foreign firms, including companies from Japan and Australia, have expressed interest in projects to develop 3,000 hectares of land into industrial estates. Gloria Santos, director for infrastructure and service industries of the Board of Investments, said yesterday at least 12
      AFP  -  141 words
    • NOTE Book
      • Article
        Lock icon Malaysian CPI up 3.2% in March
        62 6 AFP [KUALA LUMPUR] Malaysian consumer prices roee &2 per cent year-onyear in March but were down 0,3 percent from February, the Statistics Department said yesterday. For the first quarter, the consumer price index rose 3.4 per cent year-Mi-year with price Increases in ill main
        AFP  -  62 words
      • Article
        Lock icon Manila wecs GM with financing deal
        72 6 Reuter [MANILA] Two government financial firms have oflteedto package a financing deal for General Motors if it kwatee a UStl billion (SH .4 billion) car plant in the Philippines. Board of Investments governor Ofelia Bulaong said the Development Bank of the Philippines and the
        Reuter  -  72 words
      • Article
        Lock icon Bank clerk hold over US$590m
        44 6 Bernama PHJALA LUMPUR] Police detained a 36-year-otdcterk with Bank Btmiiptiter* Malaysia's Jalan Sultan lamail branch last Friday ft* suspected involvement in an attempt to cheat the tank of US$59O mUtton (*****.75 million) by uatng a forged Letter of Credit—Btrnama
        Bernama  -  44 words
    • Article
      Lock icon Get Perwaja ex-MD to explain: DAP
      246 6 KUALA LUMPUR AFP MALAYSIA'S main opposition party yesterday urged antigraft authorities to call on the former managing director of state-owned Perwaja Steel to explain huge losses sustained by the steel mill. The Democratic Action Party alleged abuse of power by Perwaja's long-serving managing director,
      AFP  -  246 words
  • Page 6 Advertisements
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      142 6 VOLVO The Volvo 2 -year warranty and maintenance service program is designed to keep your expenses to an absolute minimum. Guess The world's safest cars just became the world's safest investment. Buy a newValvo hOW much it'll COSt m 1 tod* and >ounee<k* spend, ill ft y \M m on
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      For now, more signal than substance
      701 7  -  China takes low-key approach to launch of open market operations CHDVA WATCH Lu Ning CHINA'S central bank, the People's Bank of China, last week officially kicked off the long-awaited open market operations, though without much fanfare. The operations, originally scheduled to start on April
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    • Article
      Lock icon Taiwan ready to seek peace pact but Beijing hesitant, says Teng-hui
      476 7 TOKYO He claims Chinese military exerting power and Jiang cant contain them Reuter TAIWAN President Lee Tenghui wishes to seek a peace accord with China but doubts Beijing is ready to make any fresh moves, the president was quoted
      Reuter  -  476 words
    • Article
      Lock icon Call for rapid defence build-up
      288 7 TAIPEI AFP TAIWAN must increase its defence forces rapidly because China is capable of blockading the island and laying siege to its front-line defences, Taiwanese Defence Minister Chiang Chung-ling said yesterday. Mr Chiang told members of parliament in a meeting here that though China is
      AFP  -  288 words
    • Article
      Lock icon China seeks foreign funds for petrochem sector
      150 7 BEIJING Reuter CHINA is encouraging foreign investment in its undersupplied petrochemicals industry and the Japanese are keen to oblige. The China Daily yesterday quoted Vice-Premier Wu Bangguo as telling visiting Japanese petrochemical industry executives: "The petrochemical industry is one of our national economy's
      Reuter  -  150 words
    • SINO Brief
      • Article
        Lock icon China faces glut of household appliances
        101 7 Reuter (BEIJING] China faces a serious glut of colour television sets, washing machines and refrigerators as the domestic market Is saturated. The Market Daify yesterday said the market was saturated because most appliances in urban households are new and will not need to be
        Reuter  -  101 words
      • Article
        Lock icon Most graft eases reported by public
        79 7 Reuter [BEIJING] Moet cases In China's drive to wipe out bribery and corruption are referred to authorities by ordinary people, Xinhua news agency reported yesterday. In the past three years, Chinese investigators had foUowed up 600,000 complaints about embezzlement and bribery, more than 80
        Reuter  -  79 words
      • Article
        Lock icon New gas find is China's second largest
        65 7 Reuter metres, and coold contatn more than 100 billion cubic metres, the official China Daily said yesterday. It said the China National OffMiore Oil Corp announced the reserves and said the field was China's second largest. It did not say output would be,
        Reuter  -  65 words
      • Article, Illustration
        Lock icon Hongkong's future on their minds
        9 7 AFP ngkog control AFP
        AFP  -  9 words
    • Article, Illustration
      Lock icon Where are my customers?
      71 7 [BEIJING] An elderly woman waiting for customers at her popslcle cart on a Beijing street yesterday. China has drafted a new law to protect the rights of Us rapidly ageing population into the 21st century, the China Daily reported yesterday. The number of citizens over the
      AFP  -  71 words
    • Article
      Lock icon China foreign debt hits US$106b
      199 7 BEIJING AFP CHINA'S foreign debt stood at U*****.59 billion (SIISO billion) at the end of 1995, an increase of 14.8 per cent over the previous year, the state administration of exchange control announced on Tuesday. Medium and long-term debt represented 88.8 per cent of the
      AFP  -  199 words
    • Article
      Lock icon Hawks and doves in tussle over policy towards US
      273 7 BEIJING Reuter CHINA'S hawks and doves are debating behind closed doors whether to toughen Beijing's policy towards Washington in the post-Cold War era, analysts said yesterday. The hardline conservative camp sees an imperialist United States trying to contain Beijing, Chinese analysts
      Reuter  -  273 words
    • Article
      Lock icon China to unify forex system
      282 7 SHANGHAI Trial aettkmeatpiu will be expanded to Reuter [SHANGHAI] China will unify its foreign exchange settlement system over the next five years by expanding a system on trial since March 1 to reach nationwide. The Shanghai-based Business News yesterday said China has begun a trial
      Reuter  -  282 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      103 7 US bMka one China policy, but will honour Taiwah u defence ties, Pg 8 II Incorporation of offshore companies I with Chinese name II Memorandum and Articles of I Association are issued In Chinese II Certificate of Incorporation is issued Farfrimkfommim I with company name in Chinese mdimmtdimtttrdet characters fluai
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  • ASIA
    • Article
      Reports on dollar/yen rate confuse Japan's financial market again
      256 8  -  From Anthony Rowley Tokyo JAPANESE financial markets Were thrown Into confusion for a second day running yesterday after reports that US Deputy Treasury Secretary Lawrence Summers had told a meeting in Tokyo that the US Would tolerate a rise in the
      256 words
    • Article, Illustration
      Lock icon US, Japan seek patient new trade order
      668 8 TOKYO But leaders fail to achieve fall scale agreement on economic and trade Uraes AFP AFTER years of acrimony, the United States and Japan appeared yesterday to have buried the hatchet on trade disputes, their leaders agreeing to seek "patient and pragmatic" solutions.
      AFP  -  668 words
    • Article
      Lock icon US backs one China policy, but will honour Taiwan defence lies
      291 8 TOKYO Reuter PRESIDENT BUI Clinton said yesterday the US would observe the "one China" policy of recognising only the Beijing government but would also honour its defence commitments to Taiwan. Mr Clinton told a news conference in Tokyo that
      Reuter  -  291 words
    • Article
      Lock icon BJP leader vows to protect domestic industry
      372 8 NEW DELHI Vajpayee also defends party's policy of Mia AFP INDIA'S right-wing Hindu opposition party vowed to defend domestic industry and attacked government economic reforms in its election sales pitch to top Indian businessmen here yesterday. In a speech to the Confeder-' ation
      AFP  -  372 words
  • Page 8 Advertisements
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      112 8 Lj L___ BT (British Telecommunications pic) can connect you to over 1,300 cities in more than 110 countries. That's because we have one of the largest global networks for data, voice and image in the world! We are in 15 countries and 65 cities in the Asia Pacific region alone.
      112 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      188 9 fc Hk^^l JB« <£0B MiK flHMjHHj|||fep. {'IHH^^N^ SB|p fcfc iB B Bl i B I I T I fSLE AGENT SERVICE CENTRE: TAG HEUER SINGAPORE PTE LTD 250 North Bridge Road, #32-04 Raffles City Tower, Singapore *****1. Tel: 338 6848. Showroom: #01-20, Ngee Ann City, Tel: 235 8477! Bjhorised Dealers:
      188 words
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  • THE WORLD
    • Article
      Lock icon IMF trims world growth forecast figure by 0.3%
      406 10 WASHINGTON Report cites slowdowns in Europe andN America; growth forecast for Japan raised to 2.7% Bloomberg Business News THE International Monetary Fund yesterday lowered its 1996 world growth forecast, citing slowdowns in Europe and North America, while predicting that Japan will outperform
      Bloomberg Business News  -  406 words
    • Article
      Lock icon IMF sets new norms for economic data
      171 10 WASHINGTON Reuter THE International Monetary Fund said on Tuesday it approved a set of standards for publication of official economic data. The voluntary standards, which most of the industrial countries and many of the emerging market countries are expected to adopt, cover not
      Reuter  -  171 words
    • Article
      Lock icon March housing starts fall 3.9% in biggest drop in a year
      192 10 WASHINGTON Bloomberg Business News NEW US housing construction startups fell a larger-than-ex-pected 3.9 per cent in March the biggest drop in a year as mortgage rates rose, Commerce Department figures showed yesterday. By region, startups declined in the south
      Bloomberg Business News  -  192 words
    • Article
      Lock icon Support growing for jobs chapter in EU treaty
      338 10 BRUSSELS But Britain against move, some countries are lukewarm Reuter EUROPEAN Union officials said on Tuesday there was growing support for the bloc to put a chapter on employment in its treaty as a way of meeting its citizens' most trenchant concerns
      Reuter  -  338 words
    • Article
      Lock icon Mark's fall seen to fuel exports
      235 10 MUNICH Bloomberg Business News BUNDESBANK council member Franz-Christoph Zeitler said the decline of the Deutschemark from its all-time high set in March 1995 will usher in a phase of export-led German growth with a low inflation rate. While Europe's biggest economy was likely to
      Bloomberg Business News  -  235 words
    • Article, Illustration
      Lock icon Presidential tourists
      45 10 [BEIJING] Finnish President Martti Ahtisaari and his wife admiring the Great Wall of China at Badaling, the North Pass of the wall which safeguarded the Chinese capital, yesterday. Mr Ahtisaari is in China on a five-day visit aimed at strengthening bilateral ties. AFP
      AFP  -  45 words
    • WORLD Wateh
      • Article
        Lock icon Buchanan denies he's quitting rase
        55 10 AFP [WASHINGTON] Conservative US presidential Pat Buchanan yesterday brushed aside a report saying he was dropping out of the race for the White House, asserting he would stay in through the Republican convention in August Mr Buchanan called a Washington Times report on his withdrawal
        AFP  -  55 words
      • Article
        Lock icon Mandela confident of stabilising rand
        57 10 Reuter [CAPE TOWN] South African President Nelson Mandela said he had confidence in Finance Minister Trevor Manuel's efforts to stabilise the plummeting rand "We have a very competent and strong minister of finance and... he is not alarmed, both him and the Governor of the
        Reuter  -  57 words
      • Article
        Lock icon British govt defends mad cow package
        53 10 AFP [LONDON] London yesterday defended its package of measures to deal with the "mad cow" crisis, amid calls from fanners and abattoirs for more compensation and disappointment in Brussels. The agriculture ministry said; "We have a comprehensive package to address what is a very
        AFP  -  53 words
      • Article
        Lock icon US under pressure ahead of China talks
        60 10 AFP [WASHINGTON] Secretary ofState Warren Christopher is to meet Chinese Foreign Minister Qian Qiehen tomorrow under mounting pressure to impose non-proliferation sanctions against Beijing. Mr Christopher, in an interview with CNN, declined to say whether an announcement on sanctions would come before or
        AFP  -  60 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      218 10 »>r *-k S .4*jssfa*&> '£/&S* HHHK.. ,S J J U|a BfE ■■■v, J jf --'Sfalll^^H s^Qk^itefr'. Peugeoc 605 SRi: $169,800 (Including COE) 2-litre 16-valw mdti-point eWctronic farl-injection ABS Driver's air bag Alloy wheels Power steering Leather sears '>- f V The route to the top may be strewn with will
      218 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      360 11 DON'T JUST INVEST IN THE FUTURE INVEST IN QCIQ'C em* nblH b iralß future SAVERS ASIA INFRASTRUCTURE FUND gjflJM The OCBC Savers Asia Infrastructure Fund is a unit trust whose objective to achieve medium to long term capital appreciation by investing primarily in fM securities of Asian corporations which carry
      360 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Short-sighted to ignore copyright laws
      758 12  -  THE BOTTOM SOB OPINION By Lee Boon Keng The writer is a lecturer at the Nanyang Business School, NTU. RECEMLY, representatives of the entertainment industry and software producers complained that Malaysia was too lenient with those who violated the Copyright Act Why should governments in
      758 words
    • Article
      IN OTHER WORDS
      128 12 'I try not to travel empty-handed, otherwise they may beat me up/ -B«* Teton Russian President on the mood of the crowd while campaigning in the city of Krasnodar. M I believe when people themselves sit back and say 'would we be better off without a monarchy?",
      128 words
    • Article
      The Russian challenge
      604 12 EDITORIAL US PRESIDENT Bill Clinton visits Russia later this week to attend a G-7 summit on nuclear proliferation But with June's presidential elections looming and President Boris Yeltsin trailing in the opinion polls, the visit may be seen as a symbolic gesture of support which could backfire.
      604 words
    • Article, Illustration
      Lock icon The stature symbol
      1072 12  -  Is average height of its citizens a better measure of a nation's tiring standards than output-based indicators like GNP? By, Anna Teo The writer is a BT correspondent LAST YEAR, a Californian thinktank came up with a "genuine progress indicator" (GPI) as an alternative yardstick of living
      CHUI  -  1,072 words
    • Article, Illustration
      Dartboard beats analysts
      186 12  -  Tan Teck Meng I READ with trepidation the forecast by analysts that the Malaysian ringgit is now expected to move higher against the US dollar, to around 2.500 to 2.4850, by the end of this year ("Ringgit surges to six-month high against US$", BT, Apr 12). It
      186 words
    • Article
      WHAT THE OTHERS SAY
      603 12 CUba alMMl4a*t Im Ml «ct THAT China may have decided to shift its attention away from trying to become a member of the World Trade Organisation (WTO) cannot be the best of news. By doing so, it has become another country dictated by developed nations that
      603 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      43 12 Gary Trudeau mowe yooimju? toeiL,ii»c»n oh, sure, mrr&e/ 11 imzt minimum, s eve* KNOW zincs me IXsttk THAGWI ABA* WAGROSSPO- (AMAZtNG...) QmAtF) f™**: FROM THE MADE KXJR. I efTJONONTHE U I S£NT£DME. TANNING s- ftSOLI m\ CONVENTION J AT A MKT/. ||g JO
      43 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Learning to walk again, correctly
      1173 13  -  To get more out of a daily stroll, jamb brody emphasises the importance of proper techniques for a better workout JANE BRODY NYT IKNOW, you have known how to walk since infancy. But when you walk for fitness two or three miles a day three
      NYT  -  1,173 words
    • CHATTER BOX
      • Article
        Lock icon Veise told me to divorce Sheen
        124 13 AFP [WASHINGTON] Born-again Christian Charlie Sheen has found a spiritual explanation for his breakup with model Donna Peele Ave months after they married "There was a voice. Not like drug-induced voices, but there was a voice that kept telling me this will not work,"
        AFP  -  124 words
      • Article, Illustration
        Lock icon Biography of Denis Thatcher launched
        41 13 AFP [LONDON] Carol Thatcher and her father Denis, husband offcnner prime minister Margaret Thatcher, arriving on Monday at the London launch of her new book. Below The Parapet The book is a biography of Denis Thatcher.—
        AFP  -  41 words
      • Article
        Lock icon Diana Ross to star in remake of Diva
        53 13 AFP [CIJLVBR CITY, California] Singer Diana Roes will star in a remake of the critically acclaimed french film Diva, directed by Jean-Jacques Beinebc in 1982, Tristar Pictures announced. The film Is about an international! y acclaimed singer Involved with gangsters, smugglers and
        AFP  -  53 words
    • Article, Illustration
      Lock icon Divorce for Andrew and Fergie
      542 14 PEOPLE News comes two months after Charles and Diana agree to divorce Reuter [LONDON] Queen Elizabeth's second son, Prince Andrew, and his extrovert wife Sarah began divorce proceedings yesterday in a London court to end a marriage that started with a fairy-tale wedding ceremony 10
      Reuter; REUTER  -  542 words
    • Article, Illustration
      Lock icon Tights, tunics, accents —not a dream fit for all
      554 14 FILM NYT [NEW YORK) Daniel Day-Le-wis and Emma Thompson can do it Demi Moore and Tom Cruise cannot. Do what? Play period. Period, as in Greek slaves or Roman emperors, Old Testament prophets or New Testament apostles, medieval knights or Renaissance
      NYT  -  554 words
    • Article, Illustration
      The BMW 316—peerless in its class
      772 16  - The BMW 316 —peerless in its class MOTORING The relaunched model comes with punchier engine, classier cabin and snperb handling By Christopher Tan IF BMW wanted to, it could stick an Individual or Executive badge on its re-launched 316 four-door. If any model deserved the class differentiation, this one does.
      772 words
    • BUMPER to BUMPER
      • Article
        GM boosts Asia-Pacific sales
        74 16 mywMmrtmi Ky Opel hare, reported an overall increase in new vehicle sales in 1996 to 823,560unit5. This was 14 per cent more by Isuru Motors, in which GMhasaB7.s per cent stake. The group's market share inched 0.4 point upwards to 5 per cent Wtth the recent
        74 words
      • Article
        Nissan a sponsorer at Olympics
        76 16 NISSAN is sponsoring the 1996 Olympics. It will be the gl Atlanta Games' official import light truck and theoffictal import sports utility vehicle. The car-maker will also provide funding for the Olympic committees of six countries and supply a fleet ofvehicles lor use at the
        76 words
      • Article
        Petrol vehicles add to healt-care
        113 16 r v i•- AN EXTENSIVE research on electric vehicles done recently by the University of Hongkong claimed, among other things, that health-care cost* rote US$l (551.40) for each gallon litres) offuel burnt by a conventional petrol-driven vehicle. At an inaugural kcturt in Singapore rtrmfty, heed
        113 words
      • Article
        Audi that's below $200,000
        74 16 U)OKING for a luxury sedan that's below (on the 3 road)? Motor Ultima is having a "special" on its Audi 2.6-litre AS. Its list price is 9315,000; but a discount of U is granted quite easily For a high-end Germsn make, it's oulte a steal—constrtarlnf rtvmia
        74 words
      • Article
        Parallel importers move in on Lexus
        90 16  -  by Christopher Tan LXXUS cars are now available on the grey market Traditionally, parallel Importers only sold Mercs because of tte demand and the profit margin. But of late, at least two Independent players have found a market for the Lexus LS4OO and GSBoo,Tbeee
        90 words
  • Page 13 Advertisements
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      11 13 Home Decor -*«#< j I For people *1 who love their homes
      11 words
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      Page 13 Advertisements Column 2
      519 13 BUSINESS Notices l(> Vl)\ KUIIM-. \l.1.11)1.1.-I-KI-.I IXIMI-741 IXX.* NOTICE NOTICE IS HEREBY GIVEN that, I TAY PUAY HIANG of Blk 825, Jurong West St 81, #11-404 Singapore *****5, have applied for a Wholesale Liquor Shop Licence in respect of M/s Petwinds located at Blk 4, Pasir Panjang Road, Alexandra Distripark,
      519 words
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      Page 13 Advertisements Column 3
      877 13 JANBURGH HOLDINGS PTE LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT UNCONDITIONAL CASH OFFER (THE "OFFER") BY OVERSEACHINESE BANKING CORPORATION LIMITED ("OCBC BANK") ON BEHALF OF JANBURGH HOLDINGS PTE LTD ("JANBURGH") FOR ALL THE ISSUED ORDINARY SHARES OF $1.00 EACH ("SHARES") IN THE CAPITAL OF BOUSTEADCO SINGAPORE LIMITED ("BOUSTEADCO") OTHER
      877 words
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      Page 13 Advertisements Column 4
      136 13 >o^i! The 11 Business Times A bold newtokadified) approach to tenews ad vews. Furr vih it new, ad wit Ik mooing of fc new. Staqwfaaabnsineaad rate. •Deqwa^oft^adnmqwi^coninetfiy. Start my |TheßusinessTimes (Subscription now! I $265.10 (12 months for local) j Name (Mr/Mrs/Ms/Dr*): I I Address: J I Telephone No (H): \m
      136 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      205 13 THE WEA'l'llilH Wnppwpw Showers over many areas ill the late morning and afternoon. Temperature (32-24) I*l PuMc 81/Lo* (ML Ihn>i Hi/Lo* Coo«L ißMrtnn BVU* OomL Autfcland 11/14 showers Amtordaai 11/08 Rain A**a 17/1« Cloudy Banjduk 37/28 Tstorw AUwna 17/12 Cloudy BuaoaAina 2*lo Ck»d> Be#* 14/08 Cloudy Berlin 13/03 iloudy CMcap
      205 words
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      Page 14 Advertisements Column 1
      547 14 Ihidw&iser ZZHZ II I\ WHERE TO WINE, DINE AND entertain 91 WORLD S BEER- IE 9 Where can we bring the i !n #j4ort' for dinner? Singa Inn, of course! Singapore's largest outdoor seafood restaurant offers you the opportunity to dine under the stars and enjoy the cool sea breeze
      547 words
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      Page 14 Advertisements Column 2
      131 14 Lunch with a difference at The Mezzanine Our Sophisticated Sandwiches, with names inspired by faraway places, are a trip in themselves So arc our quiches, salads and sinful desserts In the inviting ambience of The Mezzanine, youll indeed have a most pleasurable lunch For reservations please caIHJ 1 6286/8/9 Lunch:
      131 words
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      343 15 Where to wine, dine and entertain I]f2 vj>ahne6e FOOD PROMOTION 1 Ml WHL ID 1M MAY 18M Come and Savour the best of Balinese cuisine prepared by Buffet Spread Changes Daily. Call 733 2081 ext 463. AWUOHOm TRAVELLERS' PALM RESTAURANT 8 Nations mmWi* I Dinner Buffet HOt Supper^g^X Tuesdays, 7-Bpm:
      343 words
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      Page 15 Advertisements Column 2
      210 15 r Home Decor -For people who love their homes ti < «'»V* -v H > v f• i •J International Hotel, a decade erf takes ptktem F»ov»dmg you tbe most sumptuous V iffiJU feast enhanced by an etegant a wuf/ atmoaphewafl under one root |jK 9-COIJRSE SET MENU Atol $288
      210 words
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      Page 15 Advertisements Column 3
      34 15 WWW 12 noon to 2.30pm, Mondays to Saturdays. Adult: $19.90*/ Child (below 12 yrs): $13.90* FHOENIX OOFFEE HOUSE Hotel Pkocnix BtwMnt,OrcUrJ Ro*<i/ Soaurwi RomL S(2MBSB) Tat: 757 8C« ♦Pwco »»b)»r»«» IWiwia tWyaai mimi thJb^C>T.
      34 words
  • Page 15 Miscellaneous
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      Page 15 Miscellaneous Column 1
      768 15 TVVRADIO 1M AM Extra International. Drama). 1 Mt\M tf tfTTiTTgalM^—— LM A Class Act ILM TV Innovations LM PM The Winners. m Beverly Hillbillies. LM AM Close. HM I > FlMfa 1 1 1 II 111 LM Money, Money. Money Billboard US Top 20 11 i Af ian Property Report.
      768 words
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      Page 15 Miscellaneous Column 2
      243 15 CRYPTIC CROSSWORD 9 Loud suit for party (7) Pa mB B|| H|" 10 All the same how soldiers f^J 11 Remarkably not a river in Spain but a lake in America (7) H I 12 Originate from gentleman at embassy (7) 13 Hints coming during stormy 20 Thanks graduates taking
      243 words
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      298 16 NO ARGUMENTS ABOUT IT. THE NISSAN CE/7RO IS AMERICA'S BEST-SELLING IMPORT SEDAN. No, it isn't. J /J The executive sedan you see here V 6 engine, its Multi-Link Beam name or the other) in outstanding car is popularly called the Nissan Cefiro, Suspension, ABS and safety air-bag, awards like "Motor
      298 words
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  • COMPANIES & MARKETS
    • Article
      First Capital Corp calls off huge Jakarta project
      400 17  -  Dispute over land cost Is believed to be behind the abortion of dfml with Indonesian property developer By\ Michelle Low [SINGAPORE] A dispute over project cost has led First Capital Corp (FCC) to abort its deal with one of Indonesia's largest property
      400 words
    • Article, Illustration
      Lock icon Acma takes 28% stake in Hayes
      278 17  -  US court approves restructure plan involving new S'pore, HE interests By' Ven Sreenivasan [SINGAPORE] Local electronics producer Acma Ltd yesterday announced it has taken a 28.2 per cent stake in troubled modem maker Hayes Microcomputer Products after a US bankruptcy court approved its reorganisation
      Source: Bridge Info; ALLAN  -  278 words
    • Article
      Metal Containers' newly-acquired dry cargo business in the black
      176 17 [SINGAPORE] Metal Containers Ltd's recently acquired dry cargo business recorded a net profit of $960,000 on a turnover of $57.9 million for the six months to Dec 31,1995. However, the Singaporelisted company cannot incorporate the results into its books as the
      176 words
    • Article
      Tell-tale signs show US rates near bottom of cycle
      730 17  -  HOCK LOCK SIEW Lee Yoke Har LAST Friday, US bond prices rallied for the first time in a month, celebrating a Federal Reserve Bank of Atlanta report which showed manufacturing activities in the south-east still contracting. Other bond-friendly data came in
      730 words
    • Article
      Inno-Pacific sells paper business
      421 17  -  Returns did not justify the capital deployed in the business, says group By William Chia [SINGAPORE] Listed food group Inno-Pacific Holdings Ltd will receive $41 million in cash from the sale of its paper trading subsidiary Intercontinental Forest Products (IFP). Inno-Pac said yesterday it is selling
      421 words
    • Article, Illustration
      Lock icon HPL stock hits 11-month high
      319 17  -  By Ang Wan May [SINGAPORE) The Hotel Properties Ltd stock yesterday soared to an 11-month high, boosted by bullish property sentiment and good news about the soon-to-be-listed Planet Hollywood. Some 5.9 million shares changed hands and prices rose to an intra-day high of $2.84 before
      Source: Bridge Info  -  319 words
    • REGIONAL COMPANIES
      • Article
        SingTel eyes licences in Taiwan and Indonesia
        354 18  -  Company keen to enter fast-growing Asian mobile telecoms sector Byi Genevieve Cua [SINGAPORE! Singapore Telecom is eyeing mobile telecommunication licences in Taiwan and Indonesia, on top of its recent heavy investment in Belgian telecommunications operator Belgacom. Sing Tel chief executive BG Lee Hsien
        354 words
      • Article, Illustration
        Lock icon Bracing for harder times
        68 18 [MANILA] San Miguel Corporation chairman Andres Soriano presiding over the group's annual stockholders'meeting on Tuesday. The Philippine beer-based conglomerate forecast lower profit in the first quarter and slower growth for the next two years due to higher costs and expansion projects in China, Hongkong, Indonesia and
        AFP  -  68 words
      • Article
        Lock icon KLSE unfazed by super premiums of new listings
        607 18 The high prices were recorded during the bullish trend in local and foreign markets Bernama [KUALA LUMPUR] "Nothing unusual" was how market watchers described the stunning premiums recorded by newly-listed counters on opening day on the Kuala Lumpur Stock Exchange (KLSE). In
        Bernama  -  607 words
      • Article
        Clipsal to open US$5m Vietnam plant as part of Asia expansion
        282 18 (SINGAPORE] Electrical accessories maker Clipsal Industries will expand its production capacity in Asia. It will open a US$5 million (Ss7 million) plant in Vietnam early next year, which will make wiring accessories for the domestic market and for export
        282 words
      • Article
        Lock icon SPC sees better Q1 results on higher margins
        129 18 Reuter (SINGAPORE) Singapore Petroleum Company (SPC) saw better first-quarter performance on marked improvement in its refining margins, SPC's president and chief executive officer Cheng Hong Kok said yesterday. "Refining margins in the first quarter of this year were a lot better than
        Reuter  -  129 words
      • Article
        Lock icon Repco shares suspended pending acquisition news
        78 18 Reuter [KUALA LUMPUR) Trading in the shares of Repco Holdings Bhd has been suspended at the company's request, a Kuala Lumpur Stock Exchange official said yesterday. The official said Repco, in requesting the suspension, said the company was in the final stage of negotiations
        Reuter  -  78 words
      • Article
        Lock icon Gamuda associate clinches highway concession
        243 18 Reuter Bloomberg Business News [KUALA LUMPUR] Malaysia's Lingkaran Trans Kota Sdn Bhd, an associate company of Gamuda Bhd, has been awarded the concession for the privatisation of a 40-km expressway by the Malaysian government. Gamuda said on Tuesday that the six-lane highway, linking Kuala Lumpur
        Reuter; Bloomberg Business News  -  243 words
      • Article
        Tech Wall leases land for industrial complex
        153 18 [SINGAPORE] Teck Wah Paper Products plans to develop an Industrial complex in Pandan Crescent, with the first stage expected to cost $40 million. Teck Wah will develop the building on land leased from the Jurong Town Corporation (JTC), amounting to about 19,110 square
        153 words
      • COMPANY Briefs
        • Article
          Auric Pacific acquires subsidiary
          51 18 "[SINGAPORE] Auric Pacific has acquired a subsidiary called Auric Pacific Enterprise Pte Ltd as an investment holding company. Auric Pacific Enterprise is a $2 company whose directors include ex-banker Wee Sin Tho. Mr Wee is also a director of Auric Pacific, formerly known as Goodman Fielder
          51 words
        • Article
          Bousteadco director resigns
          50 18 [SINGAPORE] Bousteadco said yesterday one of its directors, Stephen Leow Liang Chuang, had resigned. No reasons were given, but Mr Leow's notice follows the resignation on Monday of two other directors, Jack Chia and Clement Chia, in the wake of a takeover of Bousteadco by Janburgh Holdings.
          50 words
        • Article
          Bonvests' largest shareholder ups stake
          42 18 [SINGAPORE] Bon vests Holdings' largest shareholder, Goldvein Holdings, has bought a further 4.42 million shares, or 2.09 per cent, at $1.45 a share. Goldvein paid $6.41 million for the purchase, lifting its stake to 70.85 per cent
          42 words
        • Article
          Provision Suppliers' book closing
          32 18 [SINGAPORE] Provision Suppliers Corp will close its books from June 6-7 to determine shareholders' entitlements to the proposed 5 per cent dividend for the year ended Dec 31.
          32 words
        • Article
          Lock icon MBf Holdings to buy stake in RFC
          39 18 Bernama [KUALA LUMPUR] MBf Holdings Bhd (MBfH), through Grogram Ltd, said yesterday it plans to acquire a 75 per cent equity interest in Philippines-listed RFC from Pacific Northstar and White Gold. Bernama
          Bernama  -  39 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon IBM posts better-than-expected earnings in first quarter
        378 19 Computer giant boosts dividend by 40% its Ist increase in 3 years Bloomberg Business News [ARMONK, New York] International Business Machines Corp has said first-quarter earnings rose more than expected and the world's largest computer maker boosted its dividend 40 per cent the
        Bloomberg Business News  -  378 words
      • GLOBAL Briefs
        • Article
          Lock icon Bombay shares close sharply higher
          49 19 AFP [BOMBAY] Share prices rose 3.5 per cent on the Bombay Stock Exchange (BSE), India's largest bourse, yesterday as foreign Institutional investors continued a buying rally ahead of the April-May parliamentary polls. The 30-share BSE Index closed 128.37 points up at 3,718.91 points. —AFP
          AFP  -  49 words
        • Article
          Lock icon Mattel posts record 1st qtr remits
          75 19 Reuter [LOS ANGELES] Mattel Inc, the world's largest toy company, on Tuesday reported record first-quarter results that were boosted by overwhelming demand for its most popular toys such as Barbie and Hot Wheels. Net income rose to U5529.9 million (5542.14 million), or 11 US
          Reuter  -  75 words
        • Article
          Lock icon SGS-Thomson Q1 profit up 64%
          53 19 Bloomberg Business News [PARIS] SGS-Thomson Microelectronics NV, Europe's biggest independent semiconductor maker, said net profit rose 64 per cent in the first quarter of 1996 as sales of its hfgh-margin products surged. Net profit totalled US$l75 million (*****.66 million), up from U*****.9 million a year
          Bloomberg Business News  -  53 words
      • Article
        Lock icon Li Ka-shing ups stake in Hutchison
        130 19 Reuter [HONGKONG] Li Ka-shing, chairman of Hongkong's Cheung Kong (Holdings) Ltd and Hutchison Whampoa Ltd, has raised his stake in Hutchison to 45.17 per cent from 45 per cent. The Hongkong stock exchange said on Tuesday that Mr Li had bought 6.15 million Hutchison
        Reuter  -  130 words
      • Article
        Lock icon Coca-Cola's Q1 earnings up 12%
        327 19 Soft-drink giant says total shipments of beverages rise 7% Bloomberg Business News, Reuter [ATLANTA, Georgia] CocaCola Co said its first-quarter earnings rose 12 per cent, matching expectations, as total shipments of its soft-drinks increased 7 per cent. The Atlanta-based company, the world's largest softdrink maker,
        Bloomberg Business News, Reuter  -  327 words
      • Article, Illustration
        Lock icon Moscow's first drive-through McDonalds
        42 19 [MOSCOW! George Cohen (C) senior chairman of McDonalds Restaurants of Canada Ltd, takes part in the opening of the first drive-through McDonalds restaurant in Moscow on Tuesday. McDonalds now has 6 restaurants operating in the Russian capital. REUTER
        REUTER  -  42 words
      • Article
        Lock icon AT&T's Q1 profit from continuing ops up 13%
        332 19 Increase comes from rise in long-distance volume, 32% jump in cellular customers Bloomberg Business News Jointly organised by [NEW YORK] AT&T Corp said its first-quarter profit from continuing operations rose 13 per cent, paced by an increase in volume on its long-distance
        Bloomberg Business News  -  332 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Malaysia plans major changes in insurance rules
        548 20 Tougher penalties for mismanagement and greater protection for policy holders bong proposed Reuter [KUALA LUMPUR] The Malaysian government has proposed sweeping new legislation to replace the current Insurance Act, calling for tougher penalties for mismanagement and greater protection for policy holders. The new
        Reuter  -  548 words
      • Article, Illustration
        Lock icon Chase US$89m in the red after cost of merger
        579 20 ((learnings up 44% to US$937 million if not for the one-time charge of USsl.66b Reuter [NEW YORK] Chase Manhattan Corp on Tuesday posted a first-quarter loss of US$B9 million (*****.6 million) as it absorbed the cost of its merger with Chemical
        Reuter  -  579 words
      • Article
        Lock icon S'pore will stay major oil refiner: SPC chief
        263 20 Reuter [SINGAPORE] Investments to improve its refineries will enhance Singapore's role as Asia's major swing producer of refined oil products as traditional buyers build their own plants, the president and chief executive officer of Singapore Petroleum Company said. "Singapore's role as Asia's
        Reuter  -  263 words
      • Article
        Lock icon US$50m loan for China Everbright
        117 20 Reuter [BEIJING] China Everbright International Trust and Investment Corp has signed a US$5O million (5570.48 million) syndicated loan with a bank consortium led by the Singapore branch of the Banque Francaise du Commerce Exterieur, China Daily said. The bank consortium that made the one-year loan
        Reuter  -  117 words
      • Article
        S Korean bank raises US$60m loan
        176 20  -  By\ Soh Tiang Keng [SINGAPORE] LG Merchant Banking Corporation (LGMB) of South Korea has made its debut in the Singapore-based Asian dollar market, borrowing US$6O million (5584.57 million) under a transferable term loan. LGMB's senior managing director Choi Dong-Soo told BT that this was
        176 words
      • SMALL Change
        • Article
          Phillip Securities buys into Aussie firm
          64 20 [SINQAPORI)I,ocaI broking hooae Phillip Securities Pts Ltd has taken a tJO per cent stake In Australian-listed AusChina Corp, an inveetment company with no existing business operations. According to Reuters, the stake matches the trade of s parcel 0T2J64 million AusChina ahares through PIP Sacoritlaa
          64 words
        • Article
          Lock icon UBS rebel shareholder loses
          45 20 Reuter [ZURICH] Unkm Bank of Switzerland's former chiaf eaacuthre Robert ttuder wHodchalrmi on Tueeday, spelling (Meat for rebel shareholder Martin Kbner In a bitter dueL The bank said I§J million shares wers voted for Mr Studsr and 11.4 mfflton sgstnst —Reuter
          Reuter  -  45 words
        • Article
          Lock icon Guangnan forms US$90m fund
          65 20 Bloomberg Business News fHONGKONG] Ouangnan Holdings Ltd, the China-controlled food distributor, formed s US$BO million (*****.76 million) inveetment fond with two companies to inveat in food venturss in Guangdong province, Ming Poo Daily Neve said. Guangnan owns 40 per cent erf the fund. Unlisted FtngMin Group
          Bloomberg Business News  -  65 words
        • Article
          Lock icon FNB halts would-be rogue trader
          39 20 Reuter [JOHANNESBURG] Sooth Africa's Flrat National Bank said yss»rday it halted the acttYitkaofawook»>e rogue tradsr.T nesM had been contained to approximately flv» mUlfon rand (BHJ million). The Offlcee of Serious EcononiicOfllsnces is investigating —£«ufer
          Reuter  -  39 words
      • Article
        Strong profits for OCBC's Aussie unit
        223 20  -  From\ Surinder Singh in Sydney THE Bank of Singapore (Australia), a wholly-owned subsidiary of Singapore's Over-sea-Chinese Banking Corporation, has chalked up an operating profit after tax and minority interests of A 512.2 million (Ssl3 million) for the 12 months ended December 1995. This is
        223 words
      • Article
        Lock icon Volatile session for Euroyen
        229 20 SnUEZßeport Reuter [SINGAPORE) Simex Euroyen futures ended little changed after a volatile session. Euroyen and JGB recovered from an early plunge on leftover bearish sentiment after Tuesday's falls, dealers said. Euroyen and JGB felt pressure from the 225-share Nikkei Average, which again tested the 22,000 level,
        Reuter  -  229 words
      • Article
        Lock icon CURRENCY REPORT
        168 20 Reuter AFP London THE dollar and the main European currencies fluctuated in narrow margins as dealers awaited the fortnightly meeting of the central council of the Bundesbank today. At 1525 GMT, the dollar was traded at 1.5090 marks from 1.5097 on Tuesday. It was at 108.42 yen from
        Reuter; AFP  -  168 words
      • Article
        Lock icon US natural gas imports to rise 4.2% in 1996, IPAA says
        285 20 ENERGY REPORT Bloomberg Business News [NEW YORK] The United States' natural gas imports, consumption and production wiU rise in 1996 because of a colder-than-average winter, the Independent Petroleum Association of America (IPAA) said yesterday. America's natural gas imports wUI
        Bloomberg Business News  -  285 words
      • Article, Illustration
        Untitled
        975 20 BrmmomMwrmi SI AfriKt MS aHtoft SS ftgitnrt USS 5225* m tnm y «hc cwmtw m on* m oft«r wwyr S&VSt to iW wtti oftortijn atrrmcp: ESTS? t "2 ?2S 27.522s 19.5130 ».5M P—— tttf? LAM 0.7364 0.7)66 NMjMaf Mar Ni2 18.23 12.9274 12 9291 l ?ff >/*• h*W* n*aft 0.0606
        975 words
    • Article
      COMMODITY PRICES
      1672 21 *****1 ruTuagg Apr 17 MMCRCMwMcMaawtfSJQia) •SSI CONTRACTU ClOM VMMM OfM Mantll Uw Satt (toaau) Intamt S**" 204.00 203.50 203.75 200 4450 199.25 2100 *1* 1952# 2950 »m% ***** 3300 »96 ***** 3525 DK 96 192.50 192.50 192.50 75 ***** 97 192.25 2475 A|r/J*»97 192.25 ISS 3 CONTRACT (US
      1,672 words
    • Article
      WORLD STOCK MARKETS
      2273 21 MMtftliS Ma *h A. A. Corp Mr 66 3/4 ABPorts 300 *2 Abbey National 575 -10 AMed Lyons 5021/2 »1l/2 Am* 110 -2 Argyll 328 -2 A Nil Group no 1/2 11/2 BAT mo 5083/4 -21/4 BKX 358 »n BOC Group 913 -7 BR Petroleum 586 -14
      2,273 words
    • Article
      Lock icon TOKYO
      1641 21 Reuter QNikkei 225 -5145 STOCKS closed easier in narrow trade. There was profit-taking, especially in the late afternoon. But overall sentiment remained positive. The 255-share Nikkei Average fell 51.95 points to 21,816.22. The Topix index was down 1.85 at 1,677.48, while the Nikkei 300 lost 0.50 to 310.47. Volume
      Reuter  -  1,641 words
    • Article, Illustration
      Lock icon HONGKONG
      1711 22 AFX-Asia Q Hug Seng -70J29 SHARE prices closed lower in light trading on a lack of positive leads, dealers said. The Hang Seng Index closed down 70.29 points at 10,962.69. Turnover was HK$3.6 billion. Dealers said trading was quiet and largely directionless with the biggest falls seen in financial
      AFX-Asia  -  1,711 words
    • Article, Illustration
      Lock icon CHINA
      607 22 Reuter Q Shanghai B Index -0.04 THE Shanghai B market ended slightly down in dull trading, with most investors staying on the sidelines. The index edged down 0.04 point to 49.74, on volume of 2.9 million shares worth US$l.l million. Brokers said market sentiment had been depressed by poor
      Reuter  -  607 words
    • Article
      Lock icon TAIPEI
      371 22 AFP nwP Index +149.76 SHARE prices finished 2.5 per cent higher under the influence of strengthening financial and construction sectors. "Following yesterday's plunge, bargain hunters returned to pick up cheap stocks and helped the index gain momentum towards the end of trading," said a broker. The Weighted Price Index
      AFP  -  371 words
    • Article, Illustration
      Lock icon JAKARTA
      692 22 AFP P Composite Index +4J)I SHARE prices closed higher in moderate trade on continued foreign interest in selective heavyweight stocks. The JSE Composite Index closed up 4.91 points at 624.17. Turnover was estimated at 131.1 million shares worth 421.4 billion rupiah. Indah Kiat rose 225 rupiah to 2,450, Inti
      AFP  -  692 words
    • Article, Illustration
      Lock icon BANGKOK
      842 22 AFP n SET Intel -1122 SHARE prices closed lower due to profit-taking. "The drop was due to shortterm profit-taking in key SET sectors as investors are concerned that the authorities' new measures will dry up local liquidity," said a trader. The SET Index dropped 11.22 points to close at
      AFP  -  842 words
    • Article
      Lock icon MANILA
      349 22 AFP kJ Manila -28JH SHARE prices fell in reaction to disappointing corporate news from San Miguel Corp. The PSE Index fell 28.94 points to 2,987.69. Turnover was 7.5 billion shares valued at 3.5 billion pesos. San Miguel A fell 4.50 pesos to 44.50, while its B shares fell 7.50
      AFP  -  349 words
    • Article
      Lock icon SEOUL
      363 22 AFP F1 Composite Index +***** SHARE prices soared, with financial and low- and midpriced stocks leading a broad liquidity-driven rally. "Investors jumped in to snatch up stocks, spurred by a series of announcements by local banks of interest-rate cuts," said a trader. The Composite Price Index closed 14.67 points
      AFP  -  363 words
    • Article
      Lock icon SYDNEY
      630 22 AFP yiAnOrdmtrieg -HL7 STOCK prices gained 0.3 per cent yesterday as a late rally pulled the market up after a directionless day's trade. The All Ordinaries Index gained 6.7 points to 2,266.8. Turnover was 360.3 million shares worth A 5720.2 million, with falls beating risers by 493 to 414.
      AFP  -  630 words
    • Article
      Lock icon WELLINGTON
      270 22 Reuter □Wellington +3J4 SHARES slipped off their highs after inflation data released appeared to reinforce the Reserve Bank's high interest rate regime. The NZSE-40 Top Index ended 3.94 points higher at 2,154.97. Reuter A#r 17 «S COW ANZ Btnkmq 6.90 -O.OS 4972 Advonttgoi HMgt 1.72 "0.06 ***** Atr Now2oolond<A)
      Reuter  -  270 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares fall as profit-taking seeps in
        7749 23 KUALA LUXPURReports Bloomberg Business News Q Composite Index -134 PROFIT-TAKERS coming in to pocket gains from Tuesday's rally yesterday drove blue chips and second-liners down after a choppy session. A fall in Tenaga Nasional Bhd and Telekom Malaysia Bhd was offset by a rise
        Bloomberg Business News  -  7,749 words
    • WARRANTS & OPTIONS
      • Article
        RF Jama warrants: high-risk punt
        3699 24  -  WARRANT WATCH By] R Sivanithy THERE'S an old saying in the stock market that "volume always precedes price", meaning that before any major price run, there has to be noticeable volume buildup first. Interestingly, there's a warrant in the market which has traditionally seen high
        3,699 words
    • Article
      CLOB INTERNATIONAL
      2411 24 MALAYSIAN STOCKS Or Gr t9M Lest Vol Day Lnt Ouatt Mv Dtv YM Met M Cap Hlq» Leer Stwe Ceajpny Sale COOO> High Lw Buyer WHf Cvr P/t i$n* *25 40i 5000 AISB50C 500 5 M 505 500 500 51$ SO 41 0J 105.0 512J *3 M 5001
      2,411 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        975 25 Tumoral rooo) vaiuc cooo) M>>» CUfc M<te CH> TtW Mmtrill 25,063 54.560 138,652 42.900 18U52 HMrn 7,661 14,532 22,343 80,274 30,055 110.329 Hattli 8,1*9 947 6,716 27,321 1,178 26,499 ftlWrthl 5,501 19,944 21,529 37,6* 21.904 99,714 MlMHon 5,499 9.499 12.743 12.743 MMn« us 639 2,129 2,129 6U* 8,431 ***** 23,172
        975 words
      • Article, Illustration
        HOT STOCK
        69 26  -  By Paul Leo OVERSEAS Union Bank has been consolidating between $9.7oand $11.00 since the beginningcf theyear. As at yesterday's closing qf $10.80, it is likefy to drift tower before attempting to break above resistance at $11.10 Doily RSI is overbought while momentum indicators are slowing down. A break
        69 words
      • Article, Illustration
        Investors turn cautious on weak US bonds in Tokyo
        890 26  -  STOCK MARKET COMMENTARY Market tapers off after a bright start, with Malaysian second-liners and KL Second Board still dominating trading R Sivanithy [SINGAPORE] It was a generally patchy day in the local stock market yesterday, marked by two features: increased volatility
        890 words
      • ON THE GRAPEVINE
        • Article
          Will there be a big Dew dip?
          174 26 BARTON BIGGS of Morgan Stanley has observed this about the Dow Jones. The first bull market started in 1921 and peaked in 1929 with the Dow up 667 per cent in that period. The second big bull was from 1949 to 1966, and
          174 words
        • Article
          Fair faren?
          161 26 THIS is not to tar all investment analysts with the same brush but there is some talk that some of them have turned negative on landed transportation shares. They say that Singapore Bus Service, Trans Island Bus Services (Tibs) and the Comfort group will not enjoy a rise
          161 words
        • Article
          Like father, like son
          67 26 LOOKING Cm* a Mercedes-Benz ClBO but can't find it at Cycle Carriage? It looks like the baeenaodel Merc, which the authorised distributor has stopped selling in favour of the bigger C3OO, is being marketed by a company run by the son of former C&C head Thomas
          67 words
        • Article
          Fund?
          71 26 AN INVESTOR in one a China growth ftind got the shock of his life what hie 1300,000 investment supposedly went sour and all he had in his account was $19,000. What got him even more flustered was the cavalier attitude of the officer in charge when be made an
          71 words
        • Article
          Moving closer to be in-lawn?
          62 26 WE HEAR that Tom Inglis, head of research at Peregrine Securities, is leaving the company in a few weeks. His departure is believed to be due to personal reasons. Mr Inglis is moving back to Jakarta with his Indonesian wife who is expecting a baby.
          62 words
    • Article
      MAIN BOARD
      4447 25 6r Or M W» 1998 Last Vol Day Last Ouot* ON ON YM Nat Cap An HtgH Law StHa Campany 5«K fOOCj High Law Bwyor SUf CNr P/I gmfc Prfca MBUSTMALS *V "S 5146 ASC NTS10 200 US- 214 165 1258 AcarSOc US180 -2 93 182 180 180
      4,447 words
    • Article
      SESDAQ
      838 25 Sr Or M Wt 1998 Lnt VI Day LatOwM My Mv VW Nat Cap A** NN* l— mm Cdr rooo> l— i>» cw rn. $3 wa 289 234 2000 ABRHMgsSc 255 cd unch 37 255 253 255 260 3.0 142 0.1 159.4 n2.8 252 234 178 2001 Astdmatrlx SOc
      838 words
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      167 17 Traditions of jj^H|||H[H colour and mmmm^^Mrn larmony, detail ana j -;^|^H kl 1 l^'--., Hospitality (■HHHMH!iS9iIIIHHfci-2^MllP9flMH^^^^H The of Singapore captured in a unique hotel. Tke «■■■>»'' Hotel Inter-Continental Singapore blend* modern facilities with old world ch arm. ~IHHc h~: -S You'll find echoes of Singapore's Hp heritage our magnificent §31
      167 words
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      Page 18 Advertisements Column 1
      622 18 TO ADVERTISE CALL TOLL-FREE 1 800 -74 1 1 883 METAL CONTAINERS LIMITED (Incorporated in the Republic of Singapore) INTERIM REPORT FOR THE SIX MONTHS ENDED 31DECEMDER1995 The Directors wish to announce the following unaudited interim results tor the six months ended 31 December 1995: Group Company g--l- -I 1
      622 words
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      Page 18 Advertisements Column 2
      11 18 S 'pore will stay major oil refiner: SPC chief. Pg 20
      11 words
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      186 19 YOUR SWF BBS S rnmmi Walk is the perfect occasion for a staff get-together. And an invigorating one too. There are also loads of 111 AI HMA prizes for fast walkers as well as lucky participants. One of you might even come back with a sleek Opel Vectra 1.6 PM
      186 words
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      Page 22 Advertisements Column 1
      58 22 ISO Certification The Straits Times Supplement Tuesday, 21 May 1996 Ride On The Wings Of Quality! Singapore Press BOOKING DEADLINE 7 May 96 Advertise your products and services, as well as enhance your corporate image in our ISO Supplement. Call us now. Stephanie Lim 740 2263 (pg 9522 2185) Tang
      58 words
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      76 23 Quick Stock*** which P rovid^ S a Real-time Update A 2^-" r s(o cfc i"/° 0 Gives joii Instant access to reliable stock info 'ZnUo Manage' to he J., anytime, anywhere. keep trackj^^ ur >o« make timely decisions on your investments. J| a All you need Is key In the
      76 words
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      Page 23 Advertisements Column 2
      34 23 /4 (artier boubo I Ngee Ann City, Towp f PASHA DC CAPTKR WATCH 391 Orchard Road.' 18 Cam Qctd. Hilton Internal CartJar Automatic Movement Th« M Watar-Aaaiatant to 100m. UnMracttooai, Rotating Bani. 581 Urcnara
      34 words
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      207 24 GET KEY INFO 41 Vr* profits set to bloom with Blossomvale condo Name: S^'r n 9 re 9' onal exposure in industrial parks Tel (H) (0) 1«I n( II i»I V n IV L noe I Akin Report® Ordered: UWingTai aSTIC DBS Land Guthrie GTS Vll UVJI Pone ofthe most
      207 words
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      41 25 g "H* Imperisl-Style Hardwood Furniture Exclusively from: Hua Shi Fine Art Gallery (Business hours: I Oam 6pm Monday Saturday) Showroom 1 608 Martin Road #05-04, Singapore *****7 Tel: *****92 *****45 Showroom 2 276 River Valley Road, Singapore *****7 Tel: *****71 *****23
      41 words
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      Page 25 Advertisements Column 2
      40 25 BUY<* FIND^ Classified ads make finding a job an easy chore. No matter what it is, you can always buy it, sell it or find it with the Classified. T0 L t FREE 1800-737-1166 Hi Call Today For Results Tomorrow.
      40 words
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      Page 26 Advertisements Column 1
      1423 26 Singapore Closing Share Prices 17/04/1996 CLOSE PREV LOW HIGH till## uss uss uss uss \llllr Jardlne Matheson 7.90 7.85 7.89 8.00 Jard,ne Strategic. 3.22 3.20 3.16 3.22 LXsBBr A Dalf y Farm 0.92 0.935 0.915 0.93 Hongkong Land 2.20 2.25 2.19 2.24 ■JHRPSM Mandarin Oriental 1.32 1.32 1.32 1.32 ULUUlafl
      1,423 words
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      Page 26 Advertisements Column 2
      368 26 NOTICE NOTICE IS HEREBY GIVEN that, I TAN CHENG LEONG VINCENT of 7, Jalan Songket Singapore *****3, have applied for a Retail Liquor Licence in respect of M/s Xing Zhong Hang Trading Pte Ltd located at Blk 1, Defu Lane 10, #01-573/575 Singapore *****2, and that this application will be
      368 words
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      Page 26 Advertisements Column 3
      259 26 SUNBURST ENTERPRISE PTE LTD (taVtl. UqaMattoa) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Cap. 50) that ttw Final General Meeting of the Members of the abovenamed Company be heid at the Office of M/s Wee Seng Tiong A Co.. 1 Colombo Court #07-01/03,
      259 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      293 27 Knight-Ridder Reuter MORE positive news emerged on Tuesday for Panamax owners with reports of higher rates for trans-Atlantic round voyages and stronger demand for tonnage in the Pacific from Japanese charterers, brokers said. Caper rates were steady in most areas, although conditions far handy-Sizes were generally softer, they
      Knight-Ridder; Reuter  -  293 words
    • Article
      MARITIME STOCKS
      231 27 «EE m </■ m CWT Distribution LM O01 K omwhu» lm *ooi K>3 CMMfeMwtMMt _I40 yndi M2 nu r.M -as mi toMrtlMs um -aoi m GSHtMnqi 122 -002 10 WtaM* L02 *001 «27 m«cM Za>w V00 «M* 31 mctmmm—nk&«O J|»|II|IM|I 141 *001 41 JmaatMnart —9.50 undi 246 MMMCWV
      231 words
    • Article
      Lock icon Johor Port expected to be listed in Aug
      404 27 Funds raised to be used to build new Taqjnng Pelepas port MBT [JOHOR BARU] Johor Port Bhd, the private operator of Johor Port, is expected to be listed at the main board of the Kuala Lumpur Stock Exchange in August or September
      MBT  -  404 words
    • Article, Illustration
      Unithai manager upbeat on Thailand's shipping industry
      622 27  -  SHIPSHAPE By, Alan Boyd EDWIN Sim comes from a shipping town with a long past. But he devotes most of his time nowadays to gazing into the future. After spending his formative years in Hongkong, Mr Sim believes the face of that future
      622 words
    • Article, Illustration
      SembShip wins US$20m offshore conversion deal
      326 27  -  136,960 deadweight tonne tanker to be converted into an FPSO vessel By\ Rahita Elias [SINGAPORE] Sembawang Shipyard (SembShip) has secured its first major conversion job for the year a US$2O million (Ss2B million) offshore conversion contract. The Sembawang Corp (SembCorp) subsidiary said that the
      326 words
    • Article
      Lock icon Taipei may allow entry of China boxes
      198 27 Proposal if adopted means transport savings for firms Reuter [TAIPEI] Taiwan's government said it was considering a proposal to allow Chinaowned containers to enter harbours in Taiwan. "We have made such a proposal and will hold a meeting with various related agencies to
      Reuter  -  198 words
    • Article
      4 S'pore firms team up to form shipping venture
      170 27 [SINGAPORE] Three listed companies CWT Distribution, Hal Sun Hup and Singapore Technologies Industrial Corp (STIC) —have teamed up with Fitzgerald Law (Singapore) (FLS) to form a regional shipping services company. The joint venture, Hub International Container Line, will start with an
      170 words
    • Article, Illustration
      Lock icon Greek shipping tycoon Niarchos dies at age 86
      311 27 Reuter [ATHENS] Greek shipping tycoon Stavros Niarchos, one of the world's richest men and renowned for his rivalry with Aristotle Onassis, has died in Switzerland, Athens radio stations reported on Tuesday. Radio reports quoting family sources said Mr Niarchos, 86, died on
      Reuter; AFP file pic  -  311 words
    • PORT Shots
      • Article
        Lock icon Tanjung Prick urged to buy more cranes
        101 27 Deutsche Press Agentur [JAKARTA] Responding to a complaint by international shipping companies, the Indonesian government has urged the state-run port authority to buy more container cranes to anticipate a boost in handling activity, it was reported yesterday. Transportation Minister Haryanto Dhanutirto ordered Pelabuhan
        Deutsche Press Agentur  -  101 words
      • Article
        China plans to class more vessels
        72 27 [LONDON] China Classification Society (CCS) is increasing the number erf vessels classed and in 1996 classed 217 vessels fiyingforeign flags. "We plan to increase the number classed to 2,100 with a total (rf 17 million gross tons by the end ofthe century with ships
        72 words
      • Article
        B&W's deadline extended
        49 27 [LONDON] A Copenhagen court has again extended the deadline for troubled Daniah shipyard Burmeister Wain to come up with a viable restructuring plan to avert bankruptcy. H»e court has given the yard until April 2ft. Latest efforts to seek investors are said to involve Japan's Mitsui
        49 words
      • Article
        Daewoo to build 6.500 gt ferry
        52 27 [LONDON] Korea's Dong Yang Express Ferry Co Ltd has ordered from Daewoo Heavy Industries a gross ton newbuilding to replace its 1960-builtawig Yang Express Ferry No. 8 on the Mokpo-Hong do route. The newbuilding will be the Korean shipyard's largest passenger vessel construction project
        52 words
      • Article
        Lock icon Latvian Shipping share sale to EBRD
        87 27 Reuter [SOFIA] Latvia may sell preference shares in Latvian Shipping Co to the European Bank for Reconstruction and Development (EBRD) as part of its privatisation of the company, one of the biggest shipping lines in the former Soviet Union, a senior Latvian official said
        Reuter  -  87 words
    • Article, Illustration
      Lock icon Streamlining gathers pace
      713 28 OAR PRODUCTION: GEARING FOR GLOBAL COMPETITION ford's takeover of Mazda and US-European plan to harmonise car standards show the need to raise efficiency in the industry. But the tendency to regard car making as a strategic industry is a big hurdle to rationalisation NYT The pace of
      NYT  -  713 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      292 28 PAGE Evergreen 6 m n Em prime 13 T»L 3 Fmwn 7 uu 7 Feedertraws 4 Accord 12 FL-flriqM 7 Ahrenkid 4 12 Appmhip 4 MlLd U Astro 13 ort<l Austral tl G Link Express 4 Avm( l Gemartrans 13 KA n 4
      292 words
    • Article
      SHIPPING GUIDE
      15147 34 EXPORT ETA ETA Atfwrtttar vnul Voy«f» TatapAon* ETA ETA AOvortlsar Vnxt Voyag* Talophono «N Owrw Namt Ninw Numtwr Numftor SIN Dwtn Nama Nam* Numbor Nmm» 27/04 12/05 Avar* TRADE FAST TFSB7 45-*****55 To ABU DHABI/ ST JOHNS (AUH) 2004 To EK2128? 25EL United Arab Emirates Massachusetts, United States
      15,147 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        757 41 VoyMo Bwth Arrival Dgghg JM|M taMM 9604 J02 Wa<siM It. 04/0700 RCiaUa* VM JOI «H|>ll 17 04/1400 MUM VM JOI *»«M« X'or« R MM* tar* 2/M JOI Mli|IIR 17 04/1900 MM MM JOI M0H41M* WWOO IM| VM JOI MMfs* M4/W30 R San MM J01 Mlinlli it x.tooc C
        757 words
      • Article
        CONTAINER SCHEDULES
        1610 41 RECEIYIWC OF EXPORT Fa COttTAIWERS AND La CARGO Boofcbtf/Miftct Rstls Ship Voy Wo Etfc/Btr NrtoJ Frow To Fro* to Oww OCt 20/0700 U 17/800 I7/Wt 17/800 i7«oc ir/im ir ""soc u T-'oc a wmo wots* wmo «m mi wwn 4 8/1200 WMM ■/ITOO MHrpk CMC 20/000 M IT/BOO
        1,610 words
      • Article
        COCKETT BUNKER MARKET REPORT
        899 41 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
        899 words
      • Article
        GLOBAL HOLIDAY
        336 41 Armas Belarus: Remembrance Day (Orthodox holiday). Israel- Memorial Day. Turkey: National Sovereignty Day. APBM Israel Independence Day. APS as Italy: Liberation Day, Australia/New Zealand: Anzac Day. Egypt: Sinai liberation Day. ARM Tanzania: Union Day. APK 27 Bahrain/Kuwait/Lebanon/Oman/Qatar/Saudi Arabia/United Arab Emirates: (tentative) (depends on sighting of the moon). South
        336 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon GE unit developing powerful engine for Boeing 777
        185 42 Bloomberg Business News [EVANDALE, Ohio] General Electric Co's GE Aircraft Engines division said it's developing what would be the world's most powerful jet engine, which is intended for use on the Boeing 777. GE Engines is developing the GE9O-1008, a more powerful
        Bloomberg Business News  -  185 words
      • Article
        Lock icon Most US aviation firms expected to report more profits
        441 42 Main exception is Boeing, which suffered strike in first quarter Reuter [NEW YORK] Most US defence and aerospace companies, with the notable exception of Boeing Co, are expected to report higher first quarter earnings with the help of mergers that have
        Reuter  -  441 words
      • Article, Illustration
        Lock icon Spotlight on UK rail sell-off
        38 42 [LONDON] The English labour Party continued its anti-rail privatisation campaign on Tuesday morning, beaming this slogan onto the front ofLondon's Victoria Station. The' House of Commons debated the sell-off of Railtrack yesterday. AFP
        AFP  -  38 words
      • Article
        Lock icon Committee to review China's rocket failure
        225 42 Bloomberg Business News [BEIJING] China set up a committee of international aerospace companies that may determine whether foreign insurers will back China's next satellite launch. The committee will review China's own investigation into the February explosion of a Long March 3B rocket carrying an
        Bloomberg Business News  -  225 words
      • Article
        Lock icon GM strike slashed March industrial output
        260 42 Reuter [WASHINGTON] A strike at giant car maker General Motors Corp slashed industrial output in March, the Federal Reserve said on Tuesday, though production in the first quarter gained momentum as the economy grew moderately. Output by the nation's factories, mines and utilities fell
        Reuter  -  260 words
      • Article
        Lock icon Pilots were tired, says crash report
        175 42 AFP [WASHINGTON] The pilots of an American Airlines jetliner that crashed into a Colombian mountain in December killing all 160 people aboard were tired and confused, according to a preliminary investigation. The pilots talked of needing rest and got completely lost in the moments
        AFP  -  175 words
      • Article
        Lock icon Garuda asks govt for 1.1 trillion rupiah
        222 42 Three senior board officials to be replaced AFP [JAKARTA] Indonesia's national carrier Garuda Indonesia wants 1.1 trillion rupiah (***** million) from the government to restructure its working capital and buy planes, reports said yesterday. Meanwhile, three senior officials on Garuda's board are to
        AFP  -  222 words
      • Article
        Lock icon Czech airline to select banks for jet financing
        277 42 Reuter [PRAGUE] The Czech national airline, Ceske Aerolinie AS (CSA) said it would further narrow a list of 10 international banks to provide a syndicated loan to finance its US$35O million (Ss49o million) purchase of 10 Boeing 737 airplanes. "We do have
        Reuter  -  277 words
      • LOG Book
        • Article
          Eva Air adds two new jumbo jets to fleet
          91 42 (SINGAPORE] Taiwan's Eva Air Is adding two new *****0s to its fleet to expand its services to the US. It will take delivery of the planes this week and at the beginning or next month. Prom May 15, the airline is
          91 words
        • Article, Illustration
          Lock icon Long wait
          51 42 AFP [HANOI] A soldier reads and a man sits waiting at a bus gj stop here on Tuesday. Hanoi bus services, which do not cover every part of the capital yet, is slow and uncomfortable, one reason why very few people use this means of transport In this
          AFP  -  51 words
        • Article
          Lock icon Cathay applies for cargo flights to Manila
          69 42 Bloomberg Business News [MANILA] Hongkong-based Cathay Pacific Airways Ltd has applied to the Philippine Civil Aeronautics Board for permission to start all-cargo flights between Manila and Hongkong, Business World reported yesterday. The airline applied to operate freighter flights four times per week using
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Thailand's 1st qtr car sales up
          96 42 AFP [BANGKOK] Car sales in Thailand roee 108 per cent year-on-year to 142,994 units in the first quarter of 1996» Toyota Motor (Thailand) said in statement here yesterday. Of the cars and light trucks sold in the three months, Toyota commanded the biggest market
          AFP  -  96 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1396 42 cmr rucm eta man etp urns 2M5 Mm* ms AfciMMI S0441 BIO Ho CM MM VK741 1310 SOT72 0930 A4MM 0«H 1930 S0171 V415 VN740 WW S0228 2055 WTO wa AMImtm KL843 0455 KL838 2300 S01 1125 UAM6 0700 S0/0L25 0650 S0/DL26 2355 6A903 1155 CX7I0
        1,396 words
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      1174 28 w® wr cum mot u ott STSTii mi ok by mcoarr mm Imr Irw lniwnTnli>iini|i— mnmiii i mmilii < imimiilii mini >mi i.mi'iuu«i.u i JSM T Mm I 15" ~~*m ~nm Tim ~wm ivmL/hh/h Tim W u/m m/m ]J5 w/2 um »Z S3 Btf? 5 1!/S IST ~T3T~ 1/Jf ft
      1,174 words
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      Page 28 Advertisements Column 2
      206 28 Linee A services represented by Members of »te Registry of US9|| Accredited Shipping Agents, S*pore Notorial Shipping Assoc _2 S" SjOTPINGTINffiSONLINE Just talk to us... Iris Lim 740-2044 Tan lip Chuan 740-1645 Jarrod Leong 740-2089 Philip Koh 740-2382 MELOt 8M 29/04 FWrrVAtWBrnrVUK I AG4ASORA 18AX RdnVAtWBmVUK I DELFI 17AM 02A36
      206 words
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      Page 28 Advertisements Column 3
      7 28 Members of (he Singapore Freight Fomardars' Assodstton
      7 words
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      Page 29 Advertisements Column 1
      1273 29 HOfK SOUTH WEST EXPRESS (DWECQ jvgsa Ivw m latm Ismetp |uu 1 mm. I mw I oa I *rrc I *n I hou wot I mwam mm 22/ M m/m |2s/m |w/w m/k is/os is/w I i*/w 1 it/u v/m 1 i7/w v/m mwm oott 130/031 pi/05 I 02/05 ly/os
      1,273 words
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      Page 29 Advertisements Column 2
      2026 29 HANJIN SHIPPING ■™T"— USA CANADA* ri* mam/vot m ISM la* w m w Toi pm m |nt law in in mtc p5 m m m m| nt hbcapommii 14/ M ii/m I w/m ii/m u/m u/is lt/ti 12/05 ii/m TytT" ii/ti "ii/w u/m" 13/ is is/as 11/ts lytT m/m n/is
      2,026 words
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      Page 29 Advertisements Column 3
      317 29 EXTORT 3 Jopon 2 Hongkong 1 Mon.to 1 KooiKruofl *Wung iA«M*ng FQ k> WK/NAHA/S£NOAI CERU/tCK, m Nn i UUI mni *M frt r<* iMt M 6 6iA dk* taoam n» iir mr uk lukl an m »n mm his tun taimm om un- uir lawl hj< oiis oijs tin hjk
      317 words
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      Page 30 Advertisements Column 1
      516 30 ffisa W NAM ('DAM AKT IW SIN PIBJUK SM Ntt UO HO 91 Ml Mfi ggg OKA 13 27/3 2S/3 24/3 I 11/4 ~WT~ IvT ~VT ~WT ~jj7T ~jOT Ififijfi 3)8)3 30/3 W/3 V 4 2/4 72/4 wT MOtTOUMAUNE 02K13 27/3 21/3 1/4 ~ti7T~ ~22/4~ UTT" H7T 1 SSU. -SBn—^
      516 words
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      Page 30 Advertisements Column 2
      1242 30 I NORASIA I VESSEL VOY SIN ALQ LAS BCL VAL HAM ME NOT ANT FEL. LHA NORASM HONGKONG 9615-3 IM4 0746 QMS IMB 11* 1146 IMS IMB IMB IMB 1686 NORASIA SHARJAH MIB-1 2M4 IMB IMB 17 B6 IMB IMB IMB 2MB 2186 2186 2MB SEA ENDEAVOUR II7W (188 2MB
      1,242 words
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      Page 30 Advertisements Column 3
      551 30 JAP AN/HONQKON Q/STRAJ TS REGULAR SERVICE LOADING FOR PORT KLANQ/PENANQ vqy store p.guoMw wa pen E** l 1 «-D «U) HPT mapr SOUTH BATE 1 MJ JJJ) M pj i »u> MPT SHMUNE4 MPT MAP* tmkermll WiiW OWIEWTAi. HERO 11 HAPW g, g, JUPTE* J ri APW aow nun ch€2nous
      551 words
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      Page 31 Advertisements Column 1
      1033 31 Im m STRAITS SHIPPING PTE LTD 10 Nm Chiang Road #11-01 Koppol Towers Siaflaporo 0200 Tol: *****00 Fax: *****17 KWFTMIWWtWiEIWIMZWIM new guinea pacific like smAPOK aJS/Sa (A SERVICE OF CHINA NAVIGATION CO) ra eto p*Kar SBMITS imR VMME 22 Apr 23 Apr Him, Mi HmWi I Spl|. PCLLCLOONTMMRMDHUIBIIUdMIGiTOPtfUAMVWMU CAftAKA JN
      1,033 words
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      Page 31 Advertisements Column 2
      1898 31 %iiyin P&O Containers umited First Class Connections WORLDWIDE Te,:225 2233^'rTmJmpTocsp^zSJS 7517 CR Number. **********0, M EXPORT IMPORT xsst**™ ss izszs su~ r si as ss. r r s™aat ss as. sl h OMENTAL BAY 6663 17AM IUM 20/04 07/06 08/05 11/06 11/06 MA£RSK COLOMBO 9605 m/M «AM 21/04 23/04 *4/04
      1,898 words
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      1076 32 MP ROM ANW HBG THP LHV LHV THf ROM ANW MSG PKL S6P I I. REPUTE RW-OS3 29* 19* 11/9 12* 13/9 19/9 E GRANO RE-OM 29/3 27/3 29/3 30/3 23/4 29/4 I. RENOWN RW-TII 27/4 17/9 19/5 11* 215 22/9 E GENTLE RE-090 31/3 3/4 2/4 4/4 9/4 29/4
      1,076 words
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      Page 32 Advertisements Column 2
      870 32 A SB k VtSSll VOTAd Sd MM AM OBM lAN KWT lAI VISSfI VOTAd MM AMJ DMM IAH U» I UMOMWUO (W7OIW |f/M »A>4 01/»5 (H."OS MDS I MKOMOtt OWW! *W iEii STm STL nn* lUN (MM 03W-031W OMS OWS WW WW W (oTo2 Kl IVW M/S SS SS S/M
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      Page 32 Advertisements Column 3
      671 32 S3 WCHFIELD MAMNE AQENCCS (S) PTE LTD i W| TEL: *****33 (12 LINES) ELI FAX: *****18/*****03 fotjj TELEX: RS ***** RtSHiP (3 Unn| 1 C« NO: **********0E ETHIOPIA* SHIPPING LINES f (National Laws of Ethiopia) ACCEPTING FCI AND CONVENTIONAL Vby FT |Low«ngter i Spore Abyo< 43W8 22AM Abtoay Wonz 48WB
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      1143 33 I ri< V"* mr—i* mim atm nnmum c—msw/tumouoma »■>> *>*■ -y m, j I COSTAR SHWING P7T LTD uohkcou c.. n„**nsu» cosjii teaats msm me s« m.msm rrrrrj <»$/» f t+xtuMOKm h*itssm uttrssMm/w f«. t/smin tsmsrsiKemsns r, TTmmt fr-.Qta./M-,*-, wssa/w«« nan nvc tu oc nssa/voma |mp nwh m JSSjff?* 61
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      609 33 B 1 KAPAL KRIS Shipping Pte Ltd 701DUXT0N ROM, S'PORi OMS29 M! *****76 f«c3242J77 CD NO. **********QC SYARIKAT PERKAPALAN KRIS SENDIRIAN BERHAD 309-*****0CK A GIOMACIUSHCSS CBmE. 10 JAIAN SS 6/1, KELANA JATA, M. MX M 2» «719 PfttUNG MYA, SHAHGOR. TH; 704*477/71/79 FAX: *****07 THU; MA 30U5 REGULAR CONTAINER SERVICE
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      445 33 FAMOUS CONTAINER UNES _JJp 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) 4 SAILINGS A WEEK TO S BANGKOK 7 THAILAND BANGKOK f FOR BOOKING *****33 CONTACT AMY M P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 t JUK OLOBEUNK
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      Page 33 Advertisements Column 4
      32 33 /Cnorbuli^ I PicJJr WOWBULK CMOOIWVICM LTD I I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOO SERVICES I NOT 99 0606 10/05 AMS/AMTAJK I ■NORBULKTEAK 27AM 0506 UVORNQ/MONFALCONE I m VASTQ/HODOOAH I \HBallllßßP
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      41 35 To retrieve more schedules, just follow these simple steps... document 740-6000 tep be faxed the port lEnteryour Step key in the four number |l digit code Key in your Exampto: fax number To HAMBURG (HAM) 2150 for cftlls within Sing&pore GWltt®ny
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      746 37 n MYANMA UHMI FIVE STAR UNE (MyaMßßc Notiosoi Lias) Loodißg for Ybb§ob (Rssgoos) VDS& VOT SM PIG KN PGU PATNBM IMW 20/04 PAGAN JttW IS/04 20/04 MALAYSIA AGCNTS: MVS HAD SMPPMG AGtNOtS ML TH 02-03-*****00 PRL TH 02-03-37M101 ret m 02-04-*****02 PGO: TU 02-07-*****21/4 mB bank line si Aadrtw Wnr
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      Page 37 Advertisements Column 2
      1220 37 ADVANCE CONTAINER LINES (PTE) LTD API 140 Cecil Straat. #12-00, PIL Building, Singapore *****0 M 1,,* Li TEL: *****21, FAX: *****19, TELEX RS ***** ACLPL CR NO. **********0E BANGKOK JAKARTA (5 Sailings/Week lo PAT. 2 SaiHnat Id MOT. 2 SaiHnfl 10 LCM) (4 Solllift/WtH) KMgAyrHOKjfr TILAILAXD VESSEL VOY SIN BKK
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      Page 37 Advertisements Column 3
      770 37 Bsushh VESBB SN DAANETTA L£ HAVRE HAMBURG THAME3PORT ROTTERDAM ANTWERP MLLEDECARMA CI4W IWO4 2ft«CM 07/06 06/06 I<VO6 m* IMS V*J-EDCSAOfTTA SI4W 23/04 06/06 14/06 15/06 17/08 16/06 2006 V&iEOE NORMA NI4W 3&W 13/06 21/06 22m 2M6 2506 27/06 MUEDEGEMMA HI4W 07/06 IMS 2MK 2NW 2MB »QS OM6 ALSO ACCEPTING CARGO
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      Page 37 Advertisements Column 4
      115 37 W PRO LINE LMTH) t CO fimbN HAMBURG CONTAINER/BREAKBULK SERVICE LOAOM6 FOR SOUTH AMERICA VOY SPORE OUR SAJRES RIO SANTOS MIMKO SPCV DC VRASEOS 117 IM4 17/H 22*6 am MARCON 1M SIM IMS 2MB ISAS SMI Tim FREEDOM CONTAINER tM IMS 2VSS mm MS ISMS ALSO ACC&TM CARQO TO MONTCWBB)
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      919 38 v—p- VQY «H JKT ~VOY~ WN HEH Ullvmm T3oy SIN BKK OUBUBHUM 1— St 2CAM~ Tw 23AM" BUNQA MAS EXPAT MPS Thu hi W~ St I 20A>4~ ——i— JAIttJIMUM 028 Man 22AM Sat 77/04 S.MAS DOA SOS# Sun 21AM Tim 23AM 1 VANTHA BHUM 132N Thu jnPt_ Bun 21AM~ TT
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      Page 38 Advertisements Column 2
      596 38 11 DUXTON HILL, SINGAPORE *****5 CR **********0N STtATTS SHUTTLE SERVICE PORT KLANG j PENANG wt Iw I m I m Bwsai VOT a Hi «*S_ iwaw ivw— ■mm) mm ivwsw iw IklU!" SMI W1 17/fcW) H/MW IMHIW IIUMD toil IMHHd 71/MSMH <2! liywu nfrn |«tf m —JUKI■ K*nß no* m
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      Page 38 Advertisements Column 3
      197 38 #09-00 NEHSONS BUIUMNG 24 PECK SEAH STREET SINGAPORE *****4 OOOOUMOOIinUW CM NOi 10MM*****W TIL: 323 1133 FAX: 221 4053/M/88 TLX: R*****0/23QSa FOHtP vissa vot sunt smetd KsnunoM SWaOM 04/H 23/04 25/04 PIAJU/fUBHAW GULF DUUC M/H 24/04 24/04 tOMM/mm SWAOU o</H 2V04 25/04 HHU/tMMG tufsmui 01/H 20/04 72/04 jaukmnmk ONfIOMUD M/H
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      677 39 SINO KXPRCSS SHIPPING (PTI) LTD. V M M I 11 COU.YER QUAY #06-01 THE ARCADE SINGAPORE 0104. > TELi *****90 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTRANB SHANGHAI (CONTAINER SERVICE) 3IN/HKQ/BHAI S'PORE HKQ SHAI VESSEL VOY ETA ETP ETA ETP ETA ETD CHAMQ YING 9609/961Q 21/05 22/05 26/ OS
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      Page 39 Advertisements Column 2
      598 39 m. AM MN CUNTAINEH LINES, INC ixssnir'"SiSSS?""sisgar V PENANG: (04) *****6 BANGKOK; (982) *****67 SURABAYA: (31) *****0 P. KELANQ: (03) *****77 JtCR (21)*****07 MOX: (61)*****3 BANDUNG (22) *****86 20TH ANNIVERSARY OFFER:-(Lowest-Lowest Rates) PEN/PK SIM HONG KONG 20/4 21/4 mv "WAN HAI 222" V.N024 TOKYO/YOKO 20/4 21/4 j mv "ALLIGATOR MIRACLE"
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      Page 39 Advertisements Column 3
      262 39 ATTRACTIVE FCL/LCL RATES TO:; Indian Sub-Continent Ports T. MADRAS/BOMBAY/ CALCUTTA /COLOMBO/ CHITTAGONG 'J NHAVA SHEVA :S M m •JR'-1 WENDER >. )NTAINER LINES': 'QUIRIES BOOKINGSij JPLSCALL TEL: *****44 ;9 'I —f Astro Shipping Pt» Ltr WEEKLY CONSOLIDATION SERVICE T pAHGHA^^^24/04 01/05 TEL: 220-6045 (12 LIMES) FAX: 325-4080 4 W O.K.
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      Page 40 Advertisements Column 1
      590 40 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 740-6000 AND MEMBER A PARTNER I IN THIS I As a SFFA member, you'll project total professionalism to your clients PROFESSIONAL I as you comply with the association's stringent membership criteria. SFFA Is committed to upgrading the
      590 words
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      Page 40 Advertisements Column 2
      310 40 f I TEAMWORK is when everyone i J takes responsibility and diligently i work towards achieving the main goal. A quality which has been MW The Total Transportation People The Total embraced by all at Visa Freight Transportation I"~ these past ten years. Put your People I- needs In our
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  • Page 41 Miscellaneous
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      125 41 9 LEGEND: R Thunderstorm Temperoture c A\ 7 Show* Weather -V Wind dkection with speed in knots ee Rain O Cloudy Sky Wov h^9hl "dieted by arrows wfcicfc Hy wttfc Hte wind W n# crcl represents cotm or light and variable winds i_» One hoM Heche represents 5 knots One
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      69 42 (1) M.V. "LUCKY EMBLEM" VOY.2AIID 9TH APRIL 19% (2) M.V. "PRINCESS" VOY. *5 AMU) 9TH APRIL 19M Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a general survey will be held on the 19th April 1996 0900-1200 hours at PT3 and PT4 respectively. No further
      69 words