The Business Times, 30 May 1996

Microfilm: NL20600
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 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, MAY 30,1996
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  • Article
    MARKET SUMMARY
    66 1 sin *****2 (-22.43) n BTOOMP mm 2MLGO (-12.52) n M 1M&26 (-1.14) Q IUJUXTMOODe SltXX HABKFT INDICES Wrdimdav Changp KLSECOMP 1147.95 -48* NIKKEI *****.4* +78.97 HANG SENG *****.56 +98.54 SET INDEX 1302.20 -6.00 JAKARTA COUP.—622.48 1.49 MANILA OOMP 3285.86. +37.10 TAIPEI WPI *****3 +16.89 SEW :i COUP .894.29
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  • Article
    FINANCE
    74 1 BBCHA1IBE BATES rss s« LSI 1.412 I 1.514 .1139 DM #.647 J.I14 ¥100 0.920 1.299 Ml 1.460... 0.3© HKI 0.129. .0.183 BAHT 0.039.. .1.056 Rl PIAH 100 0.043. 0.061 FUME BATES SINGAPORE* 8.44 KUALA LUMPUR „..8.15 JAKARTA 18.00 BANGKOK 1175 MANILA 14.50 HONGKONG .8.75 TAIPEI .8.00 SYDNEY 10.75 TOKYO
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  • Article, Illustration
    S'pore set to become regional hub for custody business
    605 1  -  Administered assets top $300b as global names move in By i Catherine Ong Shiv Taneja {SINGAPORE] Singapore is shaping up to be the regional hub for the fast-growing custody business as the entry of global names and growth of local custodians
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  • Article
    S'pore pips US to be 1st in competitiveness
    590 1  -  By < Chuang Peck Ming [SINGAPORE] Singapore has overtaken the United States to top the latest global competitiveness rankings by the Ge-neva-based World Economic Forum (WEF). "Singapore is the quintessential entrepot economy, serving as a key financial centre, a major trading centre,
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  • Article
    CCL shares take a hit
    318 1  -  Merc cab news, delay in MeraLodge's profit hnnkiwg By i Christopher Tan [SINGAPORE] Cycle Carriage fell 50 cents or 3.2 per cent yesterday to $15.10, which dealers said could be attributable to two pieces of news. One, that Mercedes-Benz the company's premium marque is going
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      177 1 Get your personalised stockw&tch A personalised KL stock price monitoring service is now available at BT Stock Watch QMlii/Zw ■daliwiiig;' Mstooks) at the Asia One Business Centre. Investors can get price updates of their KL stock holdings every five minutes by registering for Personal Stock Watch: KLSE, a free service
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      6 1 Bottlenecks slow down East Asia, Pg6
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      71 1 mm 4. ***-■3! REUTERS Hinging in the new century [NEW YORK] General Electric chairman Jack Welch (right) ringing the bell of the New York Stock Exchange on the 100 th anniversary of the Dow Jones Industrial Average on Tuesday. His company is the only stock Itflofthe original index. With Mr
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Seagate investing $28m in PCB operations in Malaysia
      361 2  -  fcrms&ysnewJß fUnt net related to fT-Micropolisdeal By i Genevieve Cua LEADING US electronics firm Seagate Technology yesterday said it is investing $28 million to expand its printed circuit board operations into Malaysia. The new manufacturing facility will be built in the Senai
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    • Article, Illustration
      Two Bukit Merah sites for sale
      335 2  -  By< Annette Pau TWO prime adjacent industrial properties in Bukit Merah have been put up for sale by German circuit board maker Degussa. Located at Jalan Kilang Timor near the NPB building, the two properties comprise a low-rise factory building with a built-in floor
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    • Article, Illustration
      Lock icon Finance firm loans in low gear
      359 2  -  EYE ON THE ECONOMY Finance By\ Shiv Taneja OVERALL loans growth by finance companies has continued to slow, weighed down by continued negative growth in loans for vehicles and declining growth in housing loans, according to the latest data from the Monetary Authority of
      Source: MAS  -  359 words
    • Article
      More effective, cheaper lightning rod to be introduced
      323 2  -  Swiss-made system offers increased protection for open spaces and Mldingji By' Toh Han Shih A SWISS lightning rod promises better and cheaper protection to lightning-prone Singapore. The EF Carrier Lightning Protection System offers increased protection for open spaces in addition to buildings.
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    • Article
      American gets three years' jail for cheating
      438 3  -  Businessman found guilty of cheating Thai firm of USs7m, made to pay costs of $100,000 By i Conrad Raj AN AMERICAN businessman was sentenced to three years' jail for cheating a Thai company of some US$7 million (Ss9.B million). Joseph Ford Proctor, of
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    • Article
      Thai PM Banharn arrives today for 3-day visit
      156 3 THAI Prime Minister Banharn Silpa-archa arrives this afternoon for a three-day official visit, his first in his present capacity. The Ministry of Foreign Affairs said yesterday that he will pay a courtesy call on President Ong Teng Cheong and have talks with
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    • NEWS Roundup
      • Article
        New president for BBA
        72 3 THE British Business Association (BBA) yesterday named Paul EUard its new president. Mr Ellard, who is a partner with an international accountancy firm in Singapore ha* been residing here for the past 12 year* During his term as president, he will build up a network to
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      • Article
        Air services agreement with Kazakhstan
        65 3 THE Minister for Communications, Mah Bow Tan, yesterday signed an air services agreement with Kazakhstan's Minister of Foreign AflfeirsKTokaev. The agreement provides the basic frame work fbr the operation of twice weekly air services between the two countries. Apart from charters between Singapore and the
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      • Article
        Suntec raises funds for Community Chest
        62 3 SUNTEC City owners and their tenants plan to raise $100,000 for the Community Chest as part of activities to mark The food court's 23 tenants and Suntec Food and Leisure, which manage* the food court, yesterday donated $23,000t0 the Community Chest. More donations will
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      • Article
        Launch of Radac certificate course
        70 3 THE Renovation and Decoration Advisory Council (Radac) has launched a certificate course for all Radac accredited renovators. The 80-hour course kicks off on July 7. It aims ♦a raiao th«> Bflrvlca and quality standards of the renovation industry as well as upgrade renovators' skills. It
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      • Article
        Corrections and clarifications
        56 3 I IN OUR May 29 report "ChaiChee estate picked to join SERS", we said the Chai Chee Selective Enbloc t Redevelopment Schemeproject was the first where owners could get financial aid. The Housing and Development Board has clarified that the new SERS financial package applies to all
        56 words
    • Article, Illustration
      BMW to rev up market share
      396 3  -  It targets 8% slice via. new 5-series and 316 i four-door By( Christopher Tan BMW is confident of nearly doubling its market share here in the next few years with the launch of the new 5-series and re-introduction of the 316 i four-door. BMW
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      143 2 Is the star really worth $80,000 more? Peugeot 605 SH Mercedes E2OO $122,800 excluding COE $205,000 excluding COE *j J*»*_ Drive a Peugeot 605, and you'll enjoy European prestige at its finest. And to complement the Peugeot 605 s meticulous engineering, you So why pay more for that three-pointed star,
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  • Page 3 Advertisements
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      328 3 Cxj ■i 0 I^RydK^^^^K|«j£ tcMv v y s S /vo home. What's more, if you need to access DOS, you can do so S$ 616.97 tf/&/ae?f #r nS *trc rrr: through Windows*. (inclusive of GS-n Take full advantage of the power of Windows* 3.1 and All this, of course, comes
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  • FOCUS: PROPERTY
    • Article
      It's business as usual
      470 4  -  HDB flat owners are still asking high prices and willing to sit it out after govt moves to cool the market By Michelle Low [SINGAPORE] VA L U A TIONS are down by a shade and transactions may be slowing but generally it seems business as
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    • Article, Illustration
      Foreign funds flow into Ho Chi Minh City
      601 4  -  Three mega-projects costing US$3LBb get German, British, HE and Taiwan backing By Harish Mehta [SINGAPORE] Nguyen Thanh Phong no longer dreams of turning Ho Chi Minh City into a mini-Manhattan bristling with high-rise buildings, modern bridges over the Saigon River as well
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    • Article
      Far East to build condo with Japanese giant
      213 4  -  By Agness Wee [SINGAPORE] Property developer Far East Organisation Is teaming up with Japanese trading giant Nissho Iwai Corporation to build a $400 million luxury condominium in Simei. Far East's 90 per cent stake In the joint venture project is through its
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    • Article
      House Hunt
      652 4 HDB transactions firm May 1,1996 VIW POSTAL CONTRACT MLHN LOCATION OBTWCT DATE (SOFT) tMT PSF <s$txxj) ess) 2 Hi— qwpmwo Macperson Lane 1336 13£/96 505 93 184 Macpherson Lane 1336 #5/96 473 86 182 JlnBatu 1543 473 86 182 3-««»<TVP»A> EunosCres 1440 807 220 273 TampinesSt42 1852 15/5/96
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      113 4 I RESIDENTIAL SITE IN CAIRNHILL VICINITY I y T~T 5 Peck Hay Road I I 3EK Site ArauAppnu. 14,283 iq. ft I Torare:FrethoU I I 0 Rat^>: I Height Restriction: Up to 20 Storeys I min to Newton MRT and within I sc&n 3 miiis' drive to Orchard Road, the
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      Page 4 Advertisements Column 2
      136 4 —-MBA Sfi mM 5 J THINKING ABOUT A GRADUATE DEGREE IN MANAGEMENT? I «MBA fairs Participating in Asia j UnivsrsMse At the MBA Fairs, you will Arthur a utile Schod learn about graduate j of Management programs in Business j Administration (MBA), 2:00-5:00 pm j UniwafSltyo4oenvw Finance. Accounting, Saturday, June
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      Page 4 Advertisements Column 3
      126 4 Prime Residential Site at 721 Bukit Timah Road FOR SALE BY TENDER Excellent location in District 10 Land Area: 16,836 sq ft (approx.) Freehold Potential for mixed landed or cluster housing developments Near reputable schools, institution and amenities j Ctoatng die of tender S June *06 (Wed) at 3 pm.
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  • FOCUS: CUSTODY BUSINESS
    • Article, Illustration
      Lock icon Global custodians take on a bigger role
      640 5  -  Custody, the prosaic back-office side of investing, is fast becoming a booming business, driven by the surge in securities transactions in recent years Reports by* Catherine Ong Shiv Taneja [SINGAPORE] Northern Trust, one of the top five global custodians in the US, does
      CHRIS LOH  -  640 words
    • Article
      Staying ahead with technology and staff skills
      377 5 is the biggest custodian in Asia with USsl2ob mder administration THE Hongkongßank believes staff skills and its much vaunted Hexagon system will help it to stay ahead of the pack in the regional custody business. By far the biggest custodian in Asia, the
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    • Article, Illustration
      New kid among S'pore's top-notch
      394 5 Assets under DBS custody at end of 1996 valued at over $28b SET UP 10 years ago, DBS Bank's custody operation is the new kid on the block, competing against established regional players like HongkongBank, Standard Chartered Bank and Citibank. But even in this relatively
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    • Article, Illustration
      It's part of the bigger picture for Citibank
      368 5 CITIBANK does not approach custody as a business in itself but as part of a whole gamut of activities under "securities services". This covers custody, clearing, alternative dispute resolution processes (ADRs), and other value-added services that support custody and securities clearing. "Custody
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    • Article, Illustration
      Things are warming up at Equitor
      437 5 ONE of the more successful regional sub-custodians in Asia with a string of performance awards under its belt, Standard Chartered Bank's Equitor Group the trade name of the bank's custody operation is constantly looking for ways to do more, do it better, and hopefully
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  • Page 5 Advertisements
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      10 5 Young Parents -When you want the best for your children
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      124 5 lk Bk t- Av* E CMP 3300 Epson's new EMP 3300 is one of the smallest most powerful multi-media LCD projectors ever as multi-media LCD projectors there is. much as 40% brighter than conventional machines. It's also extremely light just 7.7 kg, so you can And it's a snap to
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  • SOUTH-EAST ASIA
    • Article
      National car plant to be 7 months behind schedule
      420 6  -  JAKARTA Lunch Urge* can be met only if semi-knocked-down kits are shipped from Seoul: analysts By S N Vasuki A SENIOR official of Indonesia's controversial national car venture has confirmed that the assembly plant for the 1,500 cc sedans will be
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    • Article
      Infrastructure bottlenecks slow down most of E Asia: WEF
      362 6  -  SINGAPORE Only S'pore,HK, Taiwan and S Korea have managed to move np tech ladder Byt Chuang Peck Ming EAST Asian economies stay weak in technology and Infrastructure though they occupy four out of (he top ten rankings in the World Economic
      362 words
    • Article
      Lock icon Suharto sidesteps question about his re-election
      204 6 JAKARTA Reuter INDONESIAN President Suharto said yesterday he would serve out his current term but sidestepped a question about whether he would seek reflection. The official Antara news agency said Mr Suharto told villagers in central Java he was getting old but would finish
      Reuter  -  204 words
    • Article, Illustration
      Lock icon Affluent middle class can disrupt Indonesia: envoy
      299 6 SYDNEY Reuter A SENIOR Indonesian envoy said yesterday that the prospect of a more affluent, politically active middle class could threaten the country's social and political stability. Indonesia's ambassador to Australia, Wiryono Sastrohandoyo, said Indonesia's increasingly wealthy middle class could be expected to
      Reuter; REUTER  -  299 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      2199 6 <BoU)tn Catftlt jfinante Ifllll CORPORATION LIMITED 1/DU l&l (Incorpor aled In Singapore) XJUILX and its subsidiary company BALANCE SHEETS AS AT DECEMBER 31,1999 *nxED.BAVBiGS and other deposits flflQUe COMPANY f if T T T uuLimimwiinnnm'HUTY Third partiee 54.778.798 56,189,128 54.776,796 56.189.126 irvl EQUITY HoMng company (Note 3) 9.314.960 6.677.742 9.314.960
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  • CHINA-HONGKONG-TAIWAN
    • SINO Brief
      • Article
        Lock icon Talk of cabinet reshuffle in Taiwan
        62 7 Reuter [TAIPEI] Speculation mounted yesterday over an imminent cabinet reshuffle as recently re-elected President Lee Teng-hui held cloeed-door meetings with different fections of his ruling Nationalist Party. Mr Lee held a second day of a planned three day 8 of gatherings with Nationalist lawmakers,
        Reuter  -  62 words
      • Article
        Lock icon Fujian to get mobile-phone network
        69 7 Bloomberg Business News (HONGKONG] China's People's Liberation Army and the telecommunications ministry will invest US$3O million (SUB million) to set up a mobile-phone network in coastal FuJian province. The Chinese-language Hongkong Economic Tbnts yesterday cited unnamed sources as saying the project, known as the Great
        Bloomberg Business News  -  69 words
      • Article
        Lock icon Pollution in Shanghai worsens
        63 7 AFP [SHANGHAI] The level of pollution caused by vehicle ffihaustfUmas in Shanghai is as high as that in Tokyo and Loe Angeles even though there are Car fewer vehicles here. The Wenhuißao daily yesterday reported that at least 100,000 of the 400,000 motorised vehicles and 300,000
        AFP  -  63 words
      • Article
        Lock icon Who will take these dissidents?
        72 7 AFP [HONGKONG] Britain is asking other Western countries to accept some 100 Chinese dissidents who might be in danger after Hongkong returns to China next year. The British government has asked several countries including Canada, Denmark, France, Sweden and the United States, to take in
        AFP  -  72 words
    • Article, Illustration
      Lock icon World Bank urges China to keep up market reforms
      233 7 WASHINGTON AFP CHINA must continue implementing market reforms and reducing state involvement in the economy to sustain its rapid growth with low inflation. The World Bank, in a report released here on Tuesday and titled The Chinese Economy: Fighting Inflation, Deepening
      AFP  -  233 words
    • Article
      Lock icon Industrial relocation gets underway
      442 7 SHANGHAI Plan to torn city into premier financial, trading centre AFP FACTORIES are making way for financial institutions and trading houses under a massive relocation programme to turn China's largest industrial city into its premier financial and trading centre. The ambitious plan calls for the relocation
      AFP  -  442 words
    • Article, Illustration
      A Chinese high savings puzzle
      675 7  -  OHIVA WATCH Drastic Jumps In savings defy ready explanation In terms of wage income growth By Lu Ning THE use of bank safety deposit boxes, a practice which disappeared after the Communist revolution, is making a comeback in China's largest metropolis. Shanghai banks and securities
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    • Article
      Lock icon Pledged foreign investment soars 84%
      420 7 BEIJING Leap partly caused by investors rushing to commit ahead of April 1 tax changes, says ministry AFP Reuter PLEDGED foreign investment in China surged 84 per cent in the first four months of 1996, as a rush by investors to sign deals ahead of
      AFP; Reuter  -  420 words
    • Article
      Lock icon China not against Patten attending handover
      206 7 HONGKONG AFP BEIJING has denied wide media claims that it is opposed to letting Governor Chris Patten take part in the ceremony next year to mark Hongkong's handover to China. Zhang Junsheng, vice-di-rector of Xinhua news agency, China's de facto government representative in Hongkong,
      AFP  -  206 words
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      601 7 Incorporation of offshore companies with Chinese name Memorandum and Articles of Association are issued in Chinese Certificate of Incorporation is issued For further information with company name in Chinese and immediate service characters Mlchacl J Kingston Corporate documents notarised or OFFSHORE authenticated by the Embassy of the CORPORATE SERVICES People's
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  • ASIA
    • Article
      Lock icon Failed credit union head held for bond fraud
      158 8 TOKYO AFP JAPANESE police yesterday arrested the former head of a failed credit union based in the western city of Osaka on fraud charges involving bond sales, police officials said. Minora Kagiya, the 62-year-old former head of Kizu Credit Cooperative, was arrested
      AFP  -  158 words
    • Article, Illustration
      Lock icon Gowda begins talks to form centre-left cabinet
      452 8 NEW DELHI PM-designate faces daunting task in meeting conflicting demands of diverse groups Reuter INDIAN prime minister-desig-nate H D Deve Gowda began complex negotiations yesterday to form a centre-left government that must meet the conflicting demands of a disparate coalition, a spokesman said.
      Reuter; REUTER  -  452 words
    • Article
      Lock icon Survey reveals a much bigger consumer market in India
      549 8 NEW DELHI There's a consuming population of 504 m with different levels of purchasing power Reuter A NEW survey looking at what people buy rather than what they earn explodes the myth of a 300-million strong, homogeneous Indian middle class hungry
      Reuter  -  549 words
    • Article
      Lock icon N Korean army less prepared for major action: US
      257 8 WASHINGTON AFP THE North Korean army appears less prepared for major military action than it has in recent years, the Pentagon said on Tuesday. The US has seen no sign of active military training in North Korea in six to 12
      AFP  -  257 words
    • ASIA Notes
      • Article
        Lock icon S Korea's April deficit at record US$2.2B
        72 8 AFP [SEOUL] South Korea's monthly current account deficit widened to a record high of USS2JI billion (813.1 billion) in April from UBIB2O million a year earlier, the Bank of Korea said yesterday. As a result, South Korea accumulated* current account deficit of USI&S6
        AFP  -  72 words
      • Article
        Lock icon Canbeŕa to make business travel easier
        59 8 Reuter [CANBERRA] Australia would push for easier access to Asia-Pacific countries for businees travellers, Trade Minister Tim Fischer sakl yesterday. He told a food industry conference that his government backed calls by business for a special visa allowing business people from the Apec forum
        Reuter  -  59 words
      • Article
        Lock icon Hashimoto's support climbs to 52%
        81 8 AFP [TOKYO] Popular support for the Japanese cabinet of Prime Minister Ryutaro Hashimoto rebounded to 82 per cent in May, up 3.0 per cent from last month, according to a poll released yesterday by the Yomiuri Shtmbun. The approval rate topped SO per cent for
        AFP  -  81 words
    • Article, Illustration
      Lock icon Aussie economy springs surprise with 4.8% growth
      273 8 SYDNEY Reuter Bloomberg Business News THE Australian economy surged a startling 4.8 per cent in the year to March, confirming its reputation as one of the developed world's fastest growing economies, figures released yesterday showed. Australian gross domestic product (GDP) rose 1.8 per
      Reuter; Bloomberg Business News; REUTER  -  273 words
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  • THE WORLD
    • WORLD Watch
      • Article
        Lock icon Texas Instruments chairman dies
        29 9 Reuter (DALLAS] Texas Instruments Inc said Its chairman and chief executive officer, Jerry Junkins, died yesterday of cardiac arrest during a business trip in Europe.—Rtuttr
        Reuter  -  29 words
      • Article
        Lock icon EC raps British non-cooperation
        83 9 Reuter [BRUSSELS] The European Commission criticised Britain yesterday for its tactics of disrupting European Union business. "Thft Pmnmttftoft rtoplnra* that,,. certain dossiers whks are not at all linked to BSE are being held hoetage. This attitude is not appropriate in a community based on rule of
        Reuter  -  83 words
      • Article
        Lock icon S Africa to push ahead with privatisation
        99 9 Reuter [JOHANNESBURG] Alter months In limbo, South African ■j privatisation policy is crystallising and financial analysts hope tor decisive news on steps to sell state assets next month. President Nelson Pkmraot algnal Iyet that the government would push ahead with privatisation, despite union
        Reuter  -  99 words
    • Article
      Lock icon US begins notifying foreign firms on Cuba blacklist
      313 9 WASHINGTON AFP Reuter THE United States has begun notifying foreign companies from Canada, Mexico and Europe that they could face sanctions for their business dealings with Cuba. Letters were sent to at least three companies yesterday and possibly as many as six,
      AFP; Reuter  -  313 words
    • Article
      Lock icon Fahd chairs meeting dispelling talk of abdication
      246 9 DUBAI AFP AILING King Fahd of Saudi Arabia has put a brake on reports he may abdicate by chairing this week's cabinet meeting, but rumours persist of a power struggle within the royal family, diplomats and businessmen said. The 75-year-old monarch appears to
      AFP  -  246 words
    • Article, Illustration
      Lock icon Goode cash cows
      47 9 [ENGLAND] Harry Goode with hisFriesian cows covered in advertisements under the M 42 motorway. Mr Goode has been hit hard by the European Union ban on British beef and has decided to charge £200(*****) a week to advertisers to bring in some revenue. AFP
      AFP  -  47 words
    • Article
      Lock icon Clinton on defensive as ex-partners convicted
      442 9 LITTLE ROCK, Arkansas US Praridaot's former hnrononn nmnriitip, Arkansas governor found gmhy of fraud Reuter AFP PRESIDENT Bill Clinton is on the defensive from Republican attacks after two former business partners and his successor as Arkansas governor were convicted on fraud charges on Tuesday.
      Reuter; AFP  -  442 words
    • Article
      Lock icon Unexpected home sales rise sparks inflation fears
      305 9 WASHINGTON Reuter AN unexpected rise in April sales of used homes sparked inflation fears that rocked financial markets on Tuesday, despite reports showing waning consumer optimism and only moderate economic growth prospects. Sales of existing homes edged up 0.5 per cent in April
      Reuter  -  305 words
    • Article
      Lock icon Money market moves spark hope of repo change
      327 9 FRANKFURT Reuter TWO steps taken by the German Bundesbank yesterday to reduce German call money interest rates sparked some speculation among traders that the central bank could be about to announce a change in its repo policy. The Bundesbank added 3.9 billion
      Reuter  -  327 words
    • Article
      Lock icon Russia to sell stakes in big oil companies
      620 9 MOSCOW Plan to raise US$Ub in privatisation revcnne; other sectors included in aeD-off Reuter RUSSIA intends to sell large stakes in half a dozen major oil companies this year under plans to raise up to US$2.5 billion (513.5 billion) in privatisation revenue,
      Reuter  -  620 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      146 9 No matter what you decide, Add to these its legendary world may be, the spacious interior vehicle goes quite as far to ensure with the unmatched traction of sure-footedness, and unrivalled of a Discovery is replete with the you never come to a full stop on the permanent four wheel
      146 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Why conditional engagement wont work
      774 10  -  THE BOTTOM LIMB OPINION By Leon Hadar The writer is BT's Washington correspondent US administration officials, lawmakers and columnists are now debating whether Washington should continue to apply a policy of "engagement" with China (as the Clintonites advocate) or to replace it with a strategy
      774 words
    • Article
      IN OTHER WORDS
      99 10 'If GM does come, it means Thailand will have really become a car hub in this region. But even without GM we can be a car hub.' -OaknuMiFhaakmicli deputy secretary general of the Thai Board of Investment. 'We have resolved the key problems of peace in Chechnya
      99 words
    • Article
      A respite for Banharm ?
      583 10 A respite for Banharm EDITORIAL HAVING just weathered a mini-crisis in his 10-month-old coalition government, Thai Prime Minister Banharn Silpa-archa must have been glad for a respite from the turmoil of domestic politics when he left yesterday for Malaysia and Singapore. At one point in the no-confidence debate earlier in
      583 words
    • Article, Illustration
      Australian disunity
      975 10  -  Prime Minister John Howard has taken on the unions to try and boost productivity By Peter Lynch The writer is based in Sydnp and contributes to BT IT IS Australian Prime Minister John Howard's biggest economic challenge; to increase productivity while holding down wages and inflation. Last week,
      975 words
    • Article
      WHAT THE OTHERS SAY
      969 10 ONE YEAR ago, the attention of the world was focused on Kikwit, a small town in Zaire. Its people were dying of a rare viral disease, Ebola fever, which TV viewers in the rich world feared might, perish the thought, reach them in their safe havens.
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  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      46 10 DOOMESBORY FU> gfFl> ffg S By Gary Trudeau APPARENTLY XXJCANT cvrunt: TO POUR N I J SOMHAftII MkVEP I REAUY POBU6/NE9S MRFRZWm, tNSOMS p THERE UNUS& VOU HAVE e IPJS? fTSCRTOF S2H/SSL 1 SORT OF A V/ETNAMBSB PARTNER... I j NECES6AR/ PERMITS. j OF THE MAR
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Recipes for good causes
      766 11  -  Cookbooks written by film and TV personalities and expert chefs are helping to raise funds for non-profit organisations, reports sozamme ha wt.tn SUZANNE HAMLIN NYT A GROWING number of cookbooks are being published to raise money for non-profit organisations. Written with style and sometimes wit, the
      NYT  -  766 words
    • Article, Illustration
      Lock icon New look at Kennedy killing
      512 11  -  FILM TVfiwUgß of that fateful day in Nov 1963 recovered By\ Kieran Murray Reuter [DALLAS] Long-lost television footage of scenes before and after the assassination of US President John F Kennedy has been unearthed and offers intriguing new evidence on the case, experts said on
      Reuter; REUTER  -  512 words
    • Article, Illustration
      Lock icon An immigrant's tale
      1061 12  -  FILM iPLj a lili I ll■■■■■■■ii ii I film rnis Dittersweet mm about an ordinary Dominican luus ■>■ ■j I CTpiiTniM mix Carribean nation By] Larry Rohter NYT [SANTO DOMINGO, Dominican Republic] For almost a year, they've been lining up outside theatres, often ignoring tropical downpours, to
      NYT  -  1,061 words
    • Article, Illustration
      Lock icon Ever-graceful Edberg
      145 12 [ROLAND GARROS] Stefan Edberg, playing at the French Open for the last time, brought cheering fans to their feet in the new "Suzanne Lenglen" show-court here on Tuesday when he >T? cruised comfortably through his first-round match against Karim Alami of Morocco. The 30-year-old former world champion, who
      AFP  -  145 words
    • Article
      Lock icon In search of the elusive wild mushroom
      631 12 FOOD NYT [NEW YORK] Each year around this time Bill Williams and his wife, Helen, become obsessed: They head north to a secret wooded enclave and sniff out an abandoned, overgrown apple orchard. Then with eyes cast downward they tramp through the decaying
      NYT  -  631 words
    • CHATTER BOX
      • Article
        Lock icon Charlie Sheen finds religion
        104 12 AFP [WASHINGTON) Actor Charlie Sheen is done sinning and has become a born-again Christian after a holy man healed his shoulder. "I knew people would scoff at Charlie Sheen finding religion, but it's important to me," he was quoted as saying in Tuesday's WuMngfon/tost As to
        AFP  -  104 words
      • Article
        Lock icon Alien monster should raise £20,000
        99 12 Reuter [LOS AtfGELES] The monster that exploded out of John Hurt's stomach in the 1979cu1t science Action film Alien la I up for sale. "It is the actual creature which came I breathing, pulsating and screaming out of John Hurt's g chest," said special effects
        Reuter  -  99 words
      • Article
        Lock icon Stephen Stills finally joins the group
        83 12 AFP [WASHINGTON] Stephen Stilto, who at 51 w« the only i bachelor of the music group Crosby, Stills and Nash, finally decided to follow his partners'example and take the vow by marrying 30-year-old Kristen Hathoway. The marriage ceremony took place late Monday at the
        AFP  -  83 words
      • Article
        Lock icon Graves not offended by exclusion
        101 12 AFP (WASHINGTON) Peter Graves, who starred in the former j television series Mission: Impossible, is not offended at J having been excluded from the recently-released film version. Graves, 71, told reporters that seeing his former J all-American hero character —played by Jon Voight j turned
        AFP  -  101 words
      • Article, Illustration
        Lock icon Speed's Keanu in bike crash
        102 12 Reuter {LONDON] Actor Keanu Reeves was in the hospital on Tuesday with minor injuries after a motorcycle crash, a local TV station reported. KCBS-TV said the 31-year-old star of the box-office blockbuster Spied was in good condition after surgery totiowing Monday's accident 7 There was
        Reuter  -  102 words
    • Article, Illustration
      Grab hold of your Seats
      946 14  -  I MOTORING By^ Christopher Tan LAST WARNING. Persons with cardiac conditions, respiratory problems or nervous disorders should leave the queue now. You are taking this ride at your own risk. Please empty your pockets, fasten eye-glasses and remove loose jewellery before buckling in. [SINGAPORE] Spanish
      946 words
    • BUMPER to BUMPER
      • Article
        207 Audis sold in first quarter
        81 14 NON-MEMBERS ofthe Motor Traders Association are B faring reasonably well, going by first-quarter figures m obtained through reliable sources. Motor Ultima leads the P way with 207 Audis sold (132 of them the 1.6-litre A 4), K followed by Subaru with 157 units and
        81 words
      • Article, Illustration
        Silverstons victory for McLaren F-1 GTR
        72 14 BMW-POWERED McLaren F-l GTR scored its fourth successive win ofthe 1996 International EndmanceGT Fl Championship season at Britain's Silverstone on May 12. The top five poeltloiis were as follow: F-l GTR, Lotus h Esprit F-l GTR, F-l GTR and Ferrari F4O. The next 24-hour
        72 words
      • Article
        Porsche gets ready for Le Mans
        60 14 GEARING to give McLaren a good run ia Porsche. This year, it developed an entirely new car—thettl GT1 specifically for Ls Mans. This super-duper stallion feattffes a SJHitre water-cooled power plant (as opposed to its traditionally air-cooled engines) that produces 600 horsepower at 7,200rpm.
        60 words
      • Article
        Now you see'em
        51 14 INDEPENDENT importers of Mercedes-Benz car* are becoming more visible. A couple of them have started pasting their company logos on the boot lids of their cars— where one normally eeee the Cycle Carriage insignia. The others, we presume, prefer to continue conducting their business in a low-profile
        51 words
      • Article
        Motorbike sales by parallel importers
        37 14 COMPETITION from parallel importers don't Just affect A authorised distributors of four-wheelers. It has been 4. estimated that up to TO per cant of motorcycles sold here are through independent agents. j,
        37 words
      • Article
        Opel Vectra and its features
        95 14  -  Christopher Tan AN astute reader and car enthusiast pointed out that adjustable lumbar support is not available in the Opel Vectra reviewed last week. The feature to available only in larger models. But let me take this opportunity to point out. that the car has
        95 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      56 11 V X' This SUMMER, need a room in Hong Kong? Only HKs7Bo* per room, per night THRU ffi^AslrOllFßEE Jim ■■1 HH f KOWLOQN Panda Horn B P International Home W 1S M HffiHPS*® •plus 10% service charge and 5% goverment tax *plu* 10% service charge. Subject to availability. Mega Hotels'
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      277 12 at RangMahal servings unlimited! HELP YOURSELF TO The "Aalap Group" from India is beret f\\A TSwie Performing nigbdy (except Monday) at C/ 1 im V oofnv fx Rang Mabal Restaurant Come and enjoy an evening of exotic food, amidst 111TJSTa.m-M 11 ex' vl Lwnnii C9COeCf P@tjo9rrl(o9UPS» I H Our new
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      Page 13 Advertisements Column 2
      37 13 UnLORD unuuinD UnPLUD WCRLD CUISINE AUSTRALIAN LUNCH BUFFET 1-30 JUNE 12NN 2.30PM At $16.50+++(aduK) $12+++(child) fMdting u&mVot 317 Outram Road Singapore *****5 Td *****88 rolv-l p bfy Roll your own juicy popiah with the scrumptious fillings ever.
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      755 13 TV&BAPIO Choice). 100 AM Morning News/CNN. 3JW All Star's Funniest 1240 NNNews. m PM The Winners. Prank. 12JB PM Dokumentari. I 140 Money, Money, Money. ub Pre-Holiday Late Night 12.45 Fokus Niaga. 200 Asian Property Report Movie II The Final Goal. LOO CNN/ABN. Q:. 040 See Friday's Schedule. L3O Call
      755 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      245 13 CKTPHC CROSSWORD 1 Relieving irritation by deciding not to compete (10) Hjj H| |H 9 Facts an American lawyer put to certain soldiers (4) 11 I I 1 1 I I 1 BI 10 Sound slow growing tree (10) 11 Maybe she can raise money on assets (6) parties (7)
      245 words
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      832 14 l() """< l|s| 'ON -I KM IS. Hi-"41 ISS* FORM UA STATUTORY DECLARATION •V DIRECTORS OP COMPANY'S INABILITY IO CONTINUK BUSINESS BY REASONS OP ITS LIABILITIES Nam* of Company: BOON TAT HARDWARC PTC LTD We, Goh Slow Hwa, Im Ann Mln and Cheong Wah Choo. Directors of Boon Tat Hardware
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      155 14 la the matter of The Companies Act. Cap. 50 And la the matter of m. e. oma system rn ltd STATUTORY DECLARATION BY DfRECTOCSOT COMPANY'S IN ABILITY TO CONTINUE BUSINESS BY REASON OT ITS LIABILITIES I. SOH HENO HOCK, of 206 Senmgooa Central *03-134 Singapore *****6. NRIC No. *****021Z make
      155 words
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  • COMPANIES & MARKETS
    • Article
      Acma taps $98m through bond cum warrants issue
      332 15  -  Shareholders to be offered warrants on oae-for-four basis at 34 cents each By] R Sivanithy [SINGAPORE] Local electronics producer Acma Ltd is raising about $100 million through a bond-cum-warrants issue, most of which will be used to repay bank borrowings. Acma said
      332 words
    • Article
      Sukamto ups stake in Amcol, buys 1.55 m more shares
      241 15 [SINGAPORE] Indonesianborn Singaporean businessman Sukamto Sia has upped his stake in Amcol with a further purchase of 1.55 million Amcol Holdings shares. In a statement yesterday, Amcol said Beswil Investments Pte Ltd Mr Sukamto's private holding company —had bought Amcol
      241 words
    • Article
      Amcol: Rights approval not overdue
      188 15 [SINGAPORE] Amcol Holdings directors said yesterday it was premature to suggest that there has been a delay in stock exchange approval for its rights issue. In a statement, the directors'said although the company's l-for-2 rights issue was announced on March 26, the submission to the
      188 words
    • Article
      OCBC-Nisp Indon venture part of broader gameplan
      569 15  -  HOCK LOCK SIEW S N Vasuki AT FIRST glance, the imminent entry of OCBC into Indonesia's over-crowded banking sector through a 85:15 joint venture with Bank Nisp may not seem such a good idea. Banking analysts in Jakarta have painted a frightening picture
      569 words
    • Article
      M Credit to sell Port Dickson land
      296 15  -  By* Annette Pau [SINGAPORE] Singaporebased property developer Malayan Credit Ltd said yesterday it has scrapped plans to build a hotel on a site in Port Dickson, Malaysia, and will sell the land instead. It also plans to reduce its 70 per cent stake
      296 words
    • Article
      Vicom raises earnings by 2.3%
      237 15  -  By l Christopher Tan (SINGAPORE] Listed vehicle inspector Vicom Ltd, a unit of the Comfort Group, posted a 2.3 per cent rise in earnings to $3.4 million for the year ended March 31 despite a 7.6 per cent drop in turnover to $7.7 million. Earnings
      237 words
    • Article, Illustration
      Metro's $27m hotel contract
      137 15 [SINGAPORE] Mainboardlisted Metro Holdings has awarded a $27 million contract to Fletcher Construction of Australia to build the first phase of a hotel in Cairns, Australia. The property and retail group said yesterday that it had also appointed French Accor Asia-Pacific as operator of the 600-room
      137 words
    • REGIONAL COMPANIES
      • Article
        MAS profit jumps 67% but still below analysts' forecasts
        536 17  -  Chairman ayi group will take delivery of 25 aircraft ordered amid talk it ever expanded capacity From] Ho Kay Tat in Kuala Lumpur MALAYSIA Airlines (MAS) has posted a 67-per cent increase in group net profit to M 5232.94 million (*****.8
        536 words
      • Article
        Asiatrust Bank plans to raise 750 m pesos from IPO
        265 17  -  Prom< Al Labita in Manila ASIATRUST Bank, partly owned by Singapore-based investors, is going public to raise funds for its expansion projects, an official said yesterday. Asiatrust president Dionisio Ong said they had applied to the Philippines Stock Exchange (PSE)
        265 words
      • Article
        Sum Cheong to raise HK$104m
        427 17  -  From* Quak Hiang Whai in Hongkong SUM CHEONG International, the Hongkong-listed company which saw a heated boardroom tussle between Oei Hong Leong and Sukamto Sia last month, last night announced a share placement to raise about HK$lO4 million (Ssl9 million) for its working capital. The
        427 words
      • COMPANY Briefs
        • Article
          Parkway directors
          73 17 [SIN<MPORE] Parkway Holdings said tts managing director Tony Tan and director UmCheok Peng have transferred 23 million sham from tatir dJwct joint account to Hong Leong Finance Nominees Pte Ltd. After the change, Mr Tan's deemed interest in the company increased to over 19.9 per cent His direct
          73 words
        • Article
          JC-MPH gains $ from share sale
          51 17 JC-MPH gains from share sale [SINGAPORE] Jack Chia-MPH said yesterday it soW2 mfflionßousteadcoSingapocesbarestoSwiesßankiiig Corp for million, or 13.10 per share. JC-MPH made $4.6 million proffi which wffl be tnchided in the current yasr results. JC4KPH now has some 2J2 million Bouateadco shares or about 6.6 per cent of Bousteadoo's share
          51 words
        • Article
          Teledata (S) requests share suspension
          19 17 [SINGAPORE] Teiedata (Singapore) Ltd has requested suspension of its shares today pending an announcement
          19 words
        • Article
          Acer warants offered at 39 US cents
          43 17 [SINGAPORE] DBS Bank on behalf of Acer International Ltd said yesterday that warrants being Issued in conjunction with bonds and a transferable loan teility will be offered at 39 US cents (568 cents) for each warrant.
          43 words
        • Article
          Vikay subsidary sets up UK unit
          42 17 [SINGAPORE] Vlkay Industrial Ltd's wholly owned subsidiary Mkrologle Inc has set up a new UK subsidiary, Micrologic Europe Lid. It will handle the marketing and distribution ofMktologic's Global Positioning System and other navigational products in Europe..
          42 words
      • Article
        DBS clinches deal to manage Tianjin Medicine IPO
        412 17  -  First primary listing by Chinese company targets USssom By] Lu Ning [SINGAPORE] After months of delay and wrangling, Tianjin Traditional Chinese Medicine Group has finally appointed DBS Bank to sponsor its initial public offer debut here, the first primary listing here by
        412 words
      • Article
        Lock icon 3 MUI shareholders file writ to stop Pengkalen purchase
        220 17 Bernama [KUALA LUMPUR] Three shareholders have filed a writ of summons in the High Court against Malayan United Industries Bhd (MUI), seeking among other things a declaration that its acquisition of Pengkalen Holdings Bhd shares was illegal and, therefore, null and
        Bernama  -  220 words
      • Article, Illustration
        Lock icon MRCB's interim profit slips 0.5% despite turnover jump
        443 17  -  Huge provision for minorities drags down net profit to Ms2sm From Ruth Wong in Kuala Lumpur DIVERSIFIED Malaysian Resources Corporation Bhd (MRCB) group said yesterday net profit slid 0.5 per cent to M 525.1 million (S|l4 million) for the first half ended
        Source: Reuters; ALLAN  -  443 words
      • Article
        HPL buys stake in UK cinema chain
        188 17 [SINGAPORE] Diversified property group Hotel Properties Ltd (HPL) has acquired an 11.3 per cent stake in UK-based Virgin Cinemas Group Ltd (VCGL) which owns the MGM cinema chain in the United Kingdom. The company said yesterday that its wholly-owned subsidiary HPL Properties (West)
        188 words
      • Article
        Lock icon Hutchison joins in cutting rates for overseas calls
        313 18 It offers calls to US that are 58% cheaper than HK Telecom, 4% less than other rivals Bloomberg Business News (HONGKONG] Hutchison Telecommunications joined the territory's newest phone companies in cutting international telephone service rates, offering calls to North America for 58
        Bloomberg Business News  -  313 words
      • Article
        Lock icon Star Telecom in China Internet market
        206 18 Reuter [HONGKONG] Star Telecom International Holding Ltd has taken a first step into China's embryonic Internet market, agreeing to build a service system for a Chinese state-owned operator. "We expect to sign a contract in three months' time," the chairman of the Hongkong company,
        Reuter  -  206 words
      • Article
        Lock icon HK bourse to step into Eu Yan Sang row
        411 18 Boardroom saga to escalate as exchange arranges to meet disputing parties SCMP [HONGKONG] The boardroom saga of Chinese medicine manufacturer Eu Yan Sang (Hongkong) is set to escalate as the stock exchange has decided to step in. Market sources revealed that
        SCMP  -  411 words
      • Article
        Lock icon Hainan Air plans to sell 100 m shares to public
        346 18 Bloomberg Business News [SHANGHAI] Hainan Airlines Co, the first Chinese airline owned partly by a foreign investor, financier George Soros, said it plans to become the first Chinese airline to sell shares to the public. Li Lin, an official in
        Bloomberg Business News  -  346 words
      • Article, Illustration
        Lock icon No new plants for Coke, Pepsi in China
        392 18 Bloomberg Business News [BEIJING] Chinese officials, shutting the door on one of the world's fastest-growing markets for Coca-Cola Co and PepsiCo Inc, said they won't approve any new carbonated soft drink plants in China. "There will be no more carbonated drinks joint
        Bloomberg Business News  -  392 words
      • Article
        Lock icon Asia Sat 3 likely to cost US$220m
        328 18 Plan for global share offering of 10&3 m existing shares Reuter [HONGKONG] Asia Sat 3, the third satellite scheduled to be launched by Asia Satellite Telecommunications Co (Asia Sat) in late 1997, could cost US$22O million (Ss3oB million), according to the company's preliminary
        Reuter  -  328 words
      • Article
        Lock icon Mayne Nickless to sell 24.99% stake in Optus
        267 18 Bloomberg Business News [MELBOURNE] Mayne Nickless Ltd will sell its 24.99 per cent stake in Optus Communications, the second-largest phone company in Australia, through a public offer or a trade sale. Mayne yesterday said the sale will likely occur at the time
        Bloomberg Business News  -  267 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        JAL reports first after-tax profit in five years
        500 19  -  But airline unable te pay dividend this year and next dne to accumulated losses From, Anthony Rowley in Tokyo JAPAN Air Lines, one erf the country's two main carriers along with All Nippon Airways, enjoyed a sharp turnaround from loss-making to profitability
        500 words
      • Article, Illustration
        Lock icon Apple sees lower sales, operating losses for rest of year
        296 19 Reuter [CUPERTINO, California! Apple Computer Inc expects to post operating losses for the remainder of the year and sees net sales remaining below prior year levels through the first quarter of 1997. According to its regular quarterly filing with the
        Reuter  -  296 words
      • Article
        Lock icon A chip that packs the power of 20 PCs
        255 19 Aal TI says it has developed the technology to build it Reuter [DALLAS] Texas Instruments Inc said on Tuesday it has developed new technology that will allow it to build computer chips more powerful than 20 of today's state-of-the-art personal computers
        Reuter  -  255 words
      • Article
        Lock icon Dow takes a bow on 100 th birthday
        583 19 Investors mark occasion by taking profits, with the index losing 53 points Reuter [NEW YORK] Balloons and fortune cookies were given away on Tuesday as the pulse of Wall Street, the Dow Jones Industrial Average, celebrated its 100 th birthday but traders
        Reuter  -  583 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Debt markets seen at turning point
        340 20 Ausie report calls for the setting up tf a financial markets council Reuter [SYDNEY] A report commissioned by three of Australia's main financial authorities said the country's capital markets have reached a turning point in their development which will dictate its fliture competitiveness. The
        Reuter  -  340 words
      • Article
        Lock icon HSBC Holdings planning to sell Premium Credit unit
        207 20 Bloomberg Business News [LONDON] HSBC Holdings pic, an international banking group, is putting its Premium Credit subsidiary up for sale because it is no longer considered a core business. HSBC spokeswoman Alexis Cheeseman yesterday said chief executive John Bond had told reporters
        Bloomberg Business News  -  207 words
      • Article
        Lock icon Hedge funds set to thrive under 'perfect' economic conditions
        355 20 Report cites global investment opportunities Reuter [LONDON] Hedge funds, which took a beating in 1994 and part of 1995, have turned around and could And the economic conditions in 1996 the "perfect environment". A report from Momentum Investment Management yesterday said:
        Reuter  -  355 words
      • Article
        Lock icon Unocal in Viet oil exploration deal
        262 20 FT [HANOl] Los Angeles-based energy company Unocal on Tuesday signed a three-year contract with state oil agency PetroVietnam to explore for petroleum off the southern coast of Vietnam. Unocal has 45 per cent of the venture and will be the operator in the area,
        FT  -  262 words
      • Article
        HKBank links up with China bank's ATM network
        129 20 [SINGAPORE] HongkongBank's customers will er\joy better facilities in both China and Taiwan soon. The Hongkong and Shanghai Banking Corporation yesterday announced that it has linked up with the Industrial and Commercial Bank of China's automated teller machine network in Shanghai. It said
        129 words
      • Article
        Lock icon April data M to move Euroyen
        234 20 cim ELReport Reuter [SINGAPORE] Simex Euroyen futures drifted to a weak finish as the April industrial production report failed to provoke a strong reaction. Dealers said the 3.9 per cent increase in Japan's industrial output in April was broadly in line with market expectations.
        Reuter  -  234 words
      • Article
        Lock icon CURRENCY REPORT
        171 20 Reuter AFP THE dollar nudged briefly overnight to its highest level since February 1994 against the yen and a 16-month high against the mark before stalling again as traders grew sceptical of scope for further gains. Buoyant dollar sentiment has been fuelled by waning concern over an imminent
        Reuter; AFP  -  171 words
      • Article
        Lock icon Iraq, Turkey test joint pipeline for oil exports
        317 20 ENERGY REPORT AFP [BAGHDAD] Iraqi and Turkish experts have begun testing the joint pipeline to the Mediterranean Sea in preparation for oU exports allowed under the United Nations plan signed last week, an oU ministry official said yesterday. "Iraqi and Turkish experts
        AFP  -  317 words
      • Article, Illustration
        Untitled
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        1,168 words
    • Article
      COMMODITY PRICES
      1504 21 roxmruTumi may 29 MNO(MwwcMi««tf Ufca) CIOM V*NM Opa MH Lmt Sott (tornn) I■tomt j*96 219.75 100 Mil 2*00 ***** ***** 350 1975 MN 212.00 50 2500 Stt96 209.50 3450 Octac* 207.00 207.00 207.50 75 W50 Jm/mn 207.00 2775 207.00 RSSlCO«nUC?(HMbAi> Mm Orm mm m U» Srtt tbmm») kHmmt
      1,504 words
    • Article
      Lock icon TOKYO
      1587 21 Reuter H»m» +7U7 STOCKS closed slightly higher, with the key Nikkei index clinging just above 22,000 points. Gains were supported by the easier yen against the dollar and lower domestic interest rates, but worries over the economy limited rises. The 225-share Nikkei Average finished up 76.97 points at 22,021.50.
      Reuter  -  1,587 words
    • Article
      WORLD STOCK MARKETS
      2084 21 HW Nace *h A. A. Corp Mr 63 V2 -1/4 AB Parts 282 -2 AMey National 568 *7 AIM Lyons 491 »4 AlMC 112 *1 Argy« 3441/2 -1/2 AsdO Group 1161/2 1/2 •ATM 5191/2 *11/2 MCC 329 -2 IOC Croup 934 -3 BRPetroleum 562 -7 ■TR 281
      2,084 words
    • Article, Illustration
      Lock icon HONGKONG
      1549 22 Reuter jflHmgSw* *«JH STOCKS closed higher yester- day on market talk of covered warrant issues on Cheung Kong and Hongkong Telecom, with mild early losses sparked by New York's tumble overnight easily reversed, brokers ►Said. The blue-chip Hang Seng Index jumped 93.54 points to 11,200.56, off an early low
      Reuter  -  1,549 words
    • Article, Illustration
      Lock icon CHINA
      593 22 Reuter ClshanriuUß Share Meai 41? THE Shanghai B market closed slightly down in dull trading. The index edged down 0.07 point to 48.97 on volume of 3.1 million shares worth US$l.l million. "Although prices are very low with the index lingering around historical lows, a lack of positive factors
      Reuter; Source: Credit Lyonnsis Securities (Asia) Ltd  -  593 words
    • Article
      Lock icon TAIPEI
      351 22 AFP HwPMn *m» SHARE prices finished higher on bargain-hunting by institutional investors. "Institutional investors, especially domestic ftind managers, increased their shareholdings following sell-offs in early May," said a trader. The Weighted Price Index gained 16.89 points to 5,876.43. Turnover was 1.03 billion shares worth NT532.99 billion. Risers beat falls
      AFP  -  351 words
    • Article, Illustration
      Lock icon JAKARTA
      643 22 AFP "QCouiptßitafalg ♦L4I SHARES closed higher yesterday in modest trading with gains in Telkom offsetting the -effects of selective profit-tak- ing, brokers said. "People began buying Telkom and speculation intensified on a number of other stocks," said a dealer. The JSE Composite Index "edged up 1.49 points to end
      AFP  -  643 words
    • Article, Illustration
      Lock icon BANGKOK
      818 22 AFP PSETMg -Me SHARE prices closed lower as investors were sidelined waiting for economic data due to be released soon. "People are waiting for the release of April economic data by the central bank and May inflation by the commerce ministry," said a trader. The SET Index dropped 6.00
      AFP  -  818 words
    • Article
      Lock icon MANILA
      242 22 AFP Hlufa <3730 SHARES closed higher as a sluggish start gave way to a late rally on the eve of the release of first quarter gross national product growth figures. The PSE Composite Index gained 37.30 points to 3,285.06. Turnover was 5.3 billion shares worth 4.2 billion pesos. Some
      AFP  -  242 words
    • Article
      Lock icon SEOUL
      393 22 AFP Q Composite lafaz -lLtt SHARE prices closed lower, with sentiment hit in the last half hour by the announcement of a record current account deficit for April. The Composite Index lost 11.92 points at 894.29 on turnover of 29.3 million shares worth 602 billion won. Heavy selling focused
      AFP  -  393 words
    • Article
      Lock icon SYDNEY
      582 22 AFP HllOrihtriw jj SHARES closed higher, ignoring new data for the March quarter which showed an unexpectedly strong growth in the Australian economy. The All Ordinaries Index edged up 1.5 points to 2,264.2. Turnover was 364.9 million shares worth A 5607.8 million, with falling stocks outnumbering advancers by 497
      AFP  -  582 words
    • Article
      Lock icon WELLINGTON
      273 22 Reuter Qwrftmflnn -487 THE stock market finished just above the low for 1996. The NZSE Top 40 Index ended down 4.87 at 2,042.09, just a whisker ahead of the year nadir at 2,041.21 touched on Jan 24. Reuter mt *h rtm AMZ BWInq 6-90 -0.04 2 MO Advantages HMgs
      Reuter  -  273 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares at 10-week low on profit-taking
        7445 23 KUALA LDKPURReports —Bloomberg Business News, Reuter SHARE prices closed at a 10-week low on profit-taking of index-linked stocks ahead of the long weekend. "The stock market is still in a consolidation phase. In the short term, it needs these small corrections," said a dealer.
        —Bloomberg Business News, Reuter  -  7,445 words
    • WARRANTS & OPTIONS
      • Article
        Shrewd market players should know Kemayan's potential
        3358 24  -  WARRANT WATCH -By R Sivanithy ONE of the newest warrants are those on Malaysian speculative counter Kemayan Holdings, a stock that during the heady days of 1993 traded more than 100 million units daily. The warrant has been a disappointing performer since its
        3,358 words
    • Article
      CLOB INTERNATIONAL
      1923 24 Of Or f*M Last V«l Day LaatQuota M» Mv YM Mat MCap Hfri Law «m Ci—.»y »aH COOOI HN» Lo» —gr Mhr On P/t W SM a SOM AISBSQC IHK 5 515 55 55 *2 53 55 5" M a S00I AMOeSOc «J art IB II IIS 40
      1,923 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        934 words
      • Article
        MAIN BOARD
        4262 25 Or Or H UN Last Vri Day LaatOmM 89* ON VM Nat A»g w» law StMa Clip My ten a/. COOOt HN> Law Qatar SdBar Pw W »*a —IWMLI 214 *5 uss ffigg 0 200 "<1oj *i 57 m m mi m xom 73 to n.3 sou 494
        4,262 words
      • Article
        SESDAQ
        808 25 Or Gr M Wt me Last Vol Day LdrtOarta M* Mr VM MM _Ca» An wni l— ciw>i«t rooot hn» t— cv it w lai now ■MM 289 234 2000 AMHMQtSc 244 cd *2 53 245 244 241 245 Ml W 0.1 1523 MM 243 234 155 2001 A«lamatrt«
        808 words
      • Article, Illustration
        HOT STOCK
        5 26  -  -Bf Paul Leo
        5 words
      • Article, Illustration
        Market slides as boost from KL trade figures fizzles out
        858 26  -  STOCK MARKET COMMENTARY Dealers say their clients are net interested in local stocks currently because ef the Dew's volatility and a lack of fresh factors By R Sivanithy [SINGAPORE] The local stock market yesterday disappointed observers who had hoped for
        858 words
      • ON THE GRAPEVINE
        • Article
          On the road to paradise?
          84 26 SUKAMTO Sia and his broker friend, Peter Lim, may be one of the sawiest hands In the stock market. But publishers they ain't Zest, a magazine published by Keetrel Publishing which they own, has shut down production. In its final edition, the main story was
          84 words
        • Article
          Tele- Houdini
          106 26 WE HAVE heard some pretty strange phonemail messages in our time, but a well-known ftind manager has certainly got one of the funniest if not the most bizarre messages on his machine. Till recently, the message ran as such: "Sorry, both my hands and feet are tied up
          106 words
        • Article
          It's been a hard day
          95 26 WHOSE lift is tougher? A broker's or an analyst's? Well, a research manager seems to think that researchers and analysts have a tougher life. Brokers may have It tough when the market goes into a lull. But at least they can switch off when no
          95 words
        • Article
          A new measure of PPP
          74 26 ECONOMISTS have compared the purchasing power parity (PPP)of different countries using Big Macs and Mars bars. It is about time someone did one using the cash withdrawal limit at automated teller machines. For instance, Singapore's ATM's withdrawal limit is S|2,ooowhile in China, the Industrial Commercial
          74 words
        • Article
          No news is bad news?
          105 26 AN ANALYST, anxious to know how many potential customers of First Capital Corp's 696-unit Maysprings project have not exercised their options, has this theory. If the company is slow to announce the number of cancellations, It means bad news. This line of thought supposes that
          105 words
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      1554 16 %l#estpac Banking Corporation STATEMENT OF ACCOUNTS FOR YEAR ENDED 30 SEPTEMBER 1995 Ufestpac Banking Corporation Westpac Banking Corporation and its controlled entities (All figures quoted in Australian dollars) aiistraiia He^Olllce 60 Martin Place Audit Opinion Sydney NSW 2000 In our opinion, the financial statements of the Bank and the Group
      1,554 words
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      64 17 More inches for your feet on Emirates 777. Luxurious new sleeper seats and 63 inch pitch in First Class. More space in Business and Economy too, on Emirates' new Boeing 777. $r Emirates THE FINEST IN THE SKY •1 INTERNATIONAL AWARDS. INTERNATIONAL DESTINATIONS FOR RESERVATIONS. CONTACT YOUR TRAVEL AGENT ON
      64 words
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      90 18 TNs announcement appears as a matter of record only j g«' centre Sjjji FPSLWATCO CO LTD U5535,000,000 I!!!! Syndicated Transferable Term Loan Facility Keppel Bank of Singapore Limited Rgj^fl Vietcombank Lead Managers Keppel Bank of Singapore Limited United Overseas Bank Limited Credit Lyonnais Vietnam, Hochiminh City Branch Oversea-Chinese Banking Corporation
      90 words
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      16 19 'm 24 Monni Elizabeth Singapore *****8 Tel: *****88 Fax *****66 A tjmmhr »f far Emit Qrymfaart—
      16 words
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      Page 19 Advertisements Column 2
      125 19 »c I it #rr rt- <>? r > n l"T r: f fk* J Get your own copy of Nikkei Weekly. Subscribe for one year and receive an extra month free. Japan's favourite business newspaper offers Yev rd tike to subscribe to Nikkei Weekly (or 12 months and receive an
      125 words
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      144 20 ALOCASSIA APARTMENTS LIMITED The Definitive Apartments at3B3 Buk.it Timah Road A new trend is emerging in the hospitality industiy apartments with service that cater to the business travellers (for periods of 1 month to 2 years). Alocassia Apartments is located just outside the city limits in a prime residential area.
      144 words
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      47 22 Express yourself with unique French style. PARIS: Waterman LeMan Rhapsody. J ijV i ha S its own blend of and subtle and a solid 18k gold nib. 'WET Designed with the elegance that is the signature of Paris. V f Lexpression personnelle. Guaranteed fpr life. WATERMA stores
      47 words
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      66 23 EnhanyO]^]^^p^g p I Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Supplement in our group of newspapers. Talk to us! We'll be pleased to be your marketing partner. Joe
      66 words
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      150 24 H Singapore Handicrafts presents the splendour of the majestic rosewood. Discover the unique charm and beauty of classic rosewood furniture from Singapore Handicrafts Singapore's leading rosewood specialist. A rosewood masterpiece with its refined lines and exact proportions will add a touch of elegance to any room in your home. Come
      150 words
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      162 25 To: SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period I\ 12 months Q 6 months Q 3 months at 5560.00
      162 words
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      Page 26 Advertisements Column 1
      649 26 BUSINESS Notices i<> \i>\■kiisi:'' 1 i. i <> i. i -1 i< i: i i s»»- ~-tii s < Acett ACER COMPUTER INTERNATIONAL LTD. I (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING I NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Acer Computer International
      649 words
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      Page 26 Advertisements Column 2
      173 26 This announcement appears as a matter of record only. May 1996 MOTOR 11 CREDIT CORPORAnON TOYOTA MOTOR CREDIT CORPORATION (a California corporation) U*****,000,000 6.50 per cent. Notes due 2001 Joint Load Managers Merrill Lynch International CS Flret Boston Senior Co-Lead Managers Lehman Brothera Nomura International Paribas Capital Marketa Salomon Brothera
      173 words
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      Page 26 Advertisements Column 3
      65 26 THE COMPANIES ACT, CAP. 9* POH UAN ENTERPRISE (PRIVATE) LIMITED (In Voluntary Lufuuiaacm) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that the Final Meeting of Memben of the aboveaamed company will be held at 213CMIemafd Road Singapore *****3 on Ist July 1996 at lOamfortheporpoaes stated in Section 30> and
      65 words
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      Page 26 Advertisements Column 4
      75 26 Singapore Closing Share Prices 29/08/1906 CLOSE PREV LOW HIGH u— USS USS USS WW/ Jardine Matheson 7.80 8.05 7.78 8.00 MfGBOGM J«nflne Strategic 3.02 3.00 2.99 3.08. l IMAAf J Dairy Farm 0.888 0.88 0.88 0.87. Hongkong Land 2.24 2.23 2.21 2.28 SSSSSSS Mandarin Oriontal 1.34 1.32 1.32 1.38 Bmaiiaa
      75 words
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      Page 26 Advertisements Column 5
      332 26 THE COMPANIES ACT, CHAPTER SO SECTION 290(2)(b) NOTICE Of RESOLUTION LUXSSMATE TRADING PTB LTD ON MEMBERS' VOLUNTARY LIQUIDATION) Al an Extraordinary General Mealng of Luxsemato Trading Pta Lid held al 1-1485-1. KaijincHo-Mirtami. Funebashi City. CNba Ptef. 273, Japan an tw 22nd day of May 1996, Via following apacial raaolutiona war*
      332 words
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      Page 26 Advertisements Column 6
      333 26 THE COMPAMES ACT, CHAPTER SO SECTION 290(2)(b) N2ncsgpjfl{oU£!!oN Ul INVESTMENT HOLDtMOS PTE LTD VOLUNTARY UGHJDATION) At an Extraordinary General Meeting of LJ Investment HokSngs Pta Ltd held at 15 Tai Seng Drive, Singapore *****0 on tw 20ti day of May 1990, the following special rMoiutfont vwt duly ptntd:* RESOLVED: 1.
      333 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      300 27 Knight Ridder Reuter ACTIVITY was slow to resume after the long weekend in Britain and in the US, with new business limited, brokers said. A very disappointing Baltic Freight Index at 1,373, down 6, had little affect on the day's volume. Many had expected the BFI to come
      Knight Ridder; Reuter  -  300 words
    • Article
      MARITIME STOCKS
      244 27 to vCWT OtotribuBon —142 -0i04 Jg Chuan Hup 10« uncft 123 Cmi mwlwnt —US -OuOO 12 TtLS MS uncft 129 taMtUM 0.79 -002S S GOHsMngt US -0.01 U MtalH* LOS -0.01 494 MKKMZMM 0.99 -OlOOS M MIC HdiNI —hk MO U4 «0-02 7 -0-03 99 Carp H.70 -0J0
      244 words
    • Article
      Lock icon Taiwan ship in stowaway row is detained
      231 27 AFP (OTTAWA, Canada] A Taiwanese container ship whose officers are accused of tossing three Romanian stowaways overboard on the high seas has been detained in Halifax, Nova Scotia, as Canadian police reopened their probe of the allegations. In a statement greeted by jeers
      AFP  -  231 words
    • Article, Illustration
      Safeguarding HK shipowners' interests through to Chinese rule
      781 27  -  SHfIPSBAFE By: Rahita Elias George chao, 55, has a formidable task ahead of him. As chairman of the 220-member Hongkong Shipowners Association (HKSA), he will be seeing the association through the period when Hongkong switches from British to Chinese sovereignty. And Mr
      781 words
    • Article, Illustration
      Lock icon Star Cruise plans to start round-the-world cruises
      478 27  -  Cruise operator to set up cruise resource centre at Ngee Ann Polytechnic By Yong Mei Fong [SINGAPORE] Asia's leading cruise operator Star Cruise is planning to run three-month-long round-the-world cruises. The company plans to start these cruises from the year 2000, and the
      CHRIS LOH  -  478 words
    • Article
      OOCL to start direct Japan to Taiwan service
      222 27 [HONGKONG] Orient Overseas Container Line (OOCL) will offer direct sailing between southern Japan and Taiwan three times a month from August The service initially will use a vessel with capacity equivalent to 187 TEUs (20-ft equivalent units), plying between Shikoku prefecture and
      222 words
    • Article
      Lock icon Kontena Nasional sets up firm in Tanjung Priok
      296 27 Joint raitnre to operate container yard and warehouse MBT [KUALA LUMPUR] Kontena Nasional Bhd, Malaysia's leading haulage and logistics provider, is spreading its wings in the region with Tanjung Priok in Indonesia as its first base. Kontena Nasional has tied up with
      MBT  -  296 words
    • Article
      Lock icon Nigerian port users criticise high charges
      201 27 Reuter [LAGOS] Shipowners and other port users met the transport minister on Tuesday to protest against Mgh port tartft and other charges, the News Agency of Nigeria reported. Represented by executives of the Nigerian Institute of Shipping, the port users complained to minister MajorGeneral
      Reuter  -  201 words
    • PORT Shots
      • Article
        Lock icon UM treaty
        51 27 AFP mi.y ii^rtii) T.n«i MilUmniLl Inn {TOKYO} Tlis lower Brass ocms Japanese parliament nae approved bilk to ratitytha UN treaty known as the j'tVii fHilkii m ffttT-*y nf tfts flsajftnilpsis hfl Moi ,r fLj" (Be HOIWa Of Keprsswtstwee Sf a Jj, iwniMMMtr nuijled a set rf ato H
        AFP  -  51 words
      • Article
        owners orders record box
        53 27 [MJNDONlOannanownm reportedly now hava a laoord -v flßcontainsrshipe of more than 1,*****-11 equivalsn* units on order Neeriy 100 onlirssre said to have bean placed recently, the result of th* government's cuts in ship i investment beneftts which ars likely to be backdated to the jj «nd
        53 words
      • Article
        Lock icon captain
        21 27 AFP PAR 18 SALAAM) The Tansanian§orsrnmenihae gfyj the cantata sndchirfsoatoe»ofth4<>rof#f;^ M into tt>* <>a nj!^"g^^ > < 5 a Sjff n 1|
        AFP  -  21 words
      • Article
        survey
        26 27 §K2gg > iiiitMiilif i i ImaaU«*4nub g w*ftaajr»li|iipil^ n miiiini «niiri i iinißiiint B*n T-rr *r-rrttr*-—T Mint lor <korw*f iijrhlchtiHMtfirwDaptrtßMllbHantminkHMdftvpAo U Interviewing maritime coapaniae an! organisatione.
        26 words
      • Article
        at
        40 27 [IX)NDON] Shipping Bnee using India's Nehru port are to raise export container dateotkmchargeefttaanittinooth following a revision alftt: ":f port winbacharged lrfioorupeaaonojjbraao-tootaranl i 2jxo 11 it mini «in nmiaa iTiTiiiiiiiiiii i ini i^iiiiiiiffMioiiir space rent will be levied for protonglddstantiane.
        40 words
      • Article
        Crowley for
        45 27 [LONDON] Jackaonvill»»baeedUS carrier Crowky JjHHthff liifrfnai ititl* fcbtlng built by South KoST.Bast Coaat-South America aartfee starting in sally 1997. The ships will be operated by Contlßeederei and win replace three smaller and slower veeeelßwhoee charters wffl expire next year. x •"«r«S*« .4 <* w^SMBBnwRIVwaEaSREBHHHHHHHr
        45 words
    • Article, Illustration
      Lock icon Tattered flag still fluttering
      798 28  -  FL&O OP CONVEHIEKCE: ANARCHY AT HOME BRINGS OUT THE VULTURES ABROAD Panama has seized on the misfortunes of the West African country of Liberia, which is involved in a bloody civil war, in an attempt to woo shipowners to change their registrations to what they say
      Reuter  -  798 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      293 28 PACE Eur otero 6 ACL n Ewfgreen 6 ami i Evcrprine 13 AMc 6* f4moos 7 Accord 12 Fw*rtr«« 13 AhrcnkM 4 FL-flngbt T AppensNp 4 FoomSun 12 Astro j Frota 12 Austral n FrtWortd 7 Avant 6 C Link S m 7
      293 words
    • Article
      SHIPPING GUIDE
      14576 34 EXPORT r»« rri ijiu.iiim Vessel Vo»ege Telephone I ETA ETA Advertiser Vessel Vovoge Tslophons In £t\ mST «BBB Number Numt»r SIN Oesfn Nam Name Numb* Number I 31AM M/M OHk Lloyd ANRO GOWA VJB 4H21BS7 A I 04/04 04/07 COSCO OA ME 0024E «-22*1*0 I oS/04 2VM Austral
      14,576 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        690 41 Vt*st< Voy Mo Nrtfc jwW Dtpffrt JN|M MM OM SSM JM MM* 30.05/BOO •SI4S7 jo/m joi m»ih w.ovnoo kmn bim jm mm* njtmtot *y*r V* JM rtipiH KIMW MM 2* 04M JM ftipMi 2105/0030 RNM( 0*M JM <milM 210V9M0 C Mfcrv a JM dmpll 30.05/0400 CM 0S.M JM
        690 words
      • Article
        CONTAINER SCHEDULES
        1519 41 RECEIVING OF EXPORT Fa COWTAIWERS AMP LCt CARQO tnntrlni/iilinri litis SMp ivf Mo Etfc/Hr Hhoi frm To f r— KXJMt na 30/1700 II MM IVMM M9M If/1500 2VMSI IVIM OM* OVBOO a mtoo mm MM tgMgi MlMitt MIM* IV HfHlW »WWJT M|VNV 3 30/0700 4 JO/KOO 36/WI N/ON
        1,519 words
      • Article
        COCKETT BUNKER MARKET REPORT
        946 41 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single Cxs for a more comprehensive cription of the market Prices shown are based on average-sized stem. Market movements are Indicated. The Cockett Bunker Price Index change and the individual
        946 words
      • Article
        GLOBAL HOLIDAY
        348 41 UTN Croatia: Statehood Day. MAT SI Malaysia: Buddhist holiday. Singapore: (SIMEX remains open). Vesak Day. Thailand: Wisakha Bucha Day. JUMBI Malaysia: King's Birthday. Sri Lanka: Market and public holiday. JUMBS Indonesia: Buddha's Birthday. (Note: this holiday may be held on Monday, June 3). JUMBS Greece: Holy Ghost Day.
        348 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Middle East seen as fast growing aviation market
        322 42 Paaaeagar figures set to doable by 2000, say ergaaisersof forum Rentes W Reuter [ABU DHABI] The Middle East offers huge growth potential for the airline industry and passenger figures are set to double by the year 2000, industry officials said on Tuesday.
        Reuter  -  322 words
      • Article
        Lock icon American, Canadian Air get tentative antitrust immunity
        277 42 Bloomberg Business News [WASHINGTON! AMR Corp's American Airlines and Canadian Airlines International Ltd received tentative antitrust immunity on Tuesday from the US Transportation Department to ease their plans to coordinate airline service between the US and Canada. "The carriers would be able to
        Bloomberg Business News  -  277 words
      • Article
        Lock icon Family of victim gets US$10m in KAL case
        201 42 Reuter (LOS ANGELES] A federal judge on Tuesday approved a US$lO million (Ssl4 million) settlement to the family of a South Korean businessman who died in the downing of a Korean Air Lines plane by Soviet jets in September, 1983, the family's
        Reuter  -  201 words
      • Article, Illustration
        Lock icon China to cut group air fares to boost tourism in 1997
        291 42 Reuter [BEIJING] China launched its official Visit China '97 tourism campaign on Wednesday with a pledge to slash air flares for group holidays next year. To coincide with Hongkong's return to Chinese rule on July 1, 1997, and to
        Reuter; REUTER  -  291 words
      • Article
        Lock icon 6 foreign groups prequalify for Manila airport deal
        168 42 AFP (MANILA] A Philippine firm has prequalified six major foreign consortia to vie for a US$4OO-million (Sss6o million) contract to build a new airport in the capital, an official said Tuesday. Antonio Henson, chief executive officer of Asia's Emerging Dragon Corp (AEDC),
        AFP  -  168 words
      • Article
        Lock icon 5 Japan firms hope to join Boeing project
        263 42 US aircraft manufacturer remodelling 747 plane KnightRidder [TOKYO] Five major Japanese aircraft makers are hoping to join a project of Boeing Co of the US to remodel its 747 airliner, spokesmen for the companies said yesterday, according to Kyodo news service. The
        Knight- Ridder  -  263 words
      • Article
        Lock icon Berlin's Schoenefeld airport to be expanded
        211 42 AFP [BERLIN] The states of Berlin and Brandenburg and the federal government have agreed that Berlin's southern Schoenefeld airport should be expanded to cater for the German capital's future air traffic, Transport Minister Matthias Wissmann said on Tuesday. The city's two other airports, Tegel
        AFP  -  211 words
      • LOG Book
        • Article
          Lock icon US lifts warning about Athens airport
          71 42 Newsday [WASHINGTON) Travellers now can fly to Greece confident that airport security there meets US standard*. The US Transportation Department recently lifted its warning about lax security at Hellenikon International »T' Airport in Athens after a Federal Aviation Administration team visited it and concluded
          Newsday  -  71 words
        • Article, Illustration
          SembEx ties up with US firm
          93 42 [SINGAPORE] Sembawang Express Pte Ltd (SembEx), the Integrated logistics arm ofSembawang Corporation's transport and logistics group, has tied up with US exprese* transport company Federal Express Logistics Services (FLS) to provide integrated logistics services in Asia. They will open the Express Distribution Centre at
          93 words
        • Article
          Lock icon Hino Motors posts dip in parent profit
          78 42 AFT [TOKYO] Japan's Hino Motors Ltd reported a 08 per cent decline in parent pre-tax profit from a year earlier to 12.1 billion yen (Ssls7 million) in the year to March. The leading Japan—a track maker said In a statement received on Wednesday
          AFT  -  78 words
        • Article
          Lock icon Owens off to good start
          92 42 Reuter [WELLINGTON] Transport group Owens Group Ltd said on Wednesday It had made a sound start to the new year* against a background of high interest rates, an appreciating currency and political uncertainty. In Australia, the level of activity in New South Wales and Vlctwi*
          Reuter  -  92 words
        • Article
          Lock icon Chrysler passes 1m sales mark
          93 42 Reuter [AUBURN HILLS, Michigan] Chrysler Corp said on Tuesday it hassold 1 million vehicles so fkr in calendar 1696, marking the earliest point in any year the company f has reached that milestone. Chrysler's dealers reached the 1 million mark 10 days ahead ofthe company's
          Reuter  -  93 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1196 42 QTT FU6OT ETA FUOfT ETO ■—I VW741 OB VW740 MB AtaOlMli S044I 1510 ItotYai ***** 2105 TG400 0120 J77 MMQC MM AMMft MAC S0230 jO bww Of WO L ttoCMMWl VW741 BB ***** 0930 Amtartfaa RIH? Qiff h yif 2300 ***** MB VN740 M10 S0/D125 0650
        1,196 words
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      Page 28 Advertisements Column 1
      1299 28 I. oiafctTO JS-— paTCOMTOrca»mM.«MrtIC*»IMW«I«r*MWWO«) MHWOH CAUTOWW* D(PWn» HMWtCT mow WWTeOMTI I wsm var mm mm u m va m m m ok I n Inoan mm. Ivor m b-mimimbm mmmmbm nmmiuaimma lamnAmmam iam» -Ski B MUMB- mm JWHM- -IWff--A-iSSiH "SiT 55 mm SS nm mm «E SS mm b/m b/m
      1,299 words
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      Page 28 Advertisements Column 2
      198 28 Unas A aarvicas rapiaaamail M r b f o#,h R grtrY I'lHr'V *»w»ad Shipping Agants. Ff **fl N FonwdW., S*pora National Shipping Asaoc Aaaodalion. t i SffIPPiNG'nMEsONUNE Just talk to us... < IrisLim 740-2044 Tsn Lip Chuan 740-1645 Jarrod Leong 740-2089 Philip Kota 740-2382 PJCafcng Looting For 1 OKTEMAKSOY 24*06
      198 words
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      Page 29 Advertisements Column 1
      894 29 PAfIBC SOUTH WEST EXPttSS (DWKT) I fm Iww Ihi \mm lan hp luu lm I mm 1 ot 1 wtc I m 1 mm I wo« 1 1 mwmm Im» Im/mlm/m M/jTnflT g/M m/m m/m p/m vm \mm mm mm MX. Mm IHB I It/M 11 t/M liyit V >t
      894 words
    • Advertisement
      Page 29 Advertisements Column 2
      1374 29 (g) HANJIN SHIPPING UM NM&/VOT MM 91 |0* m WW AT CM HT Ml p* |MMI —I IMSI RK pW I TVt ImIMI TK I W nm—— aaosa 'am mm lam ~nm~ ~nm~ nm nm~ nm am am am nm am am mm I m/m~ p/a vm mm nm iamco—obi
      1,374 words
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      Page 29 Advertisements Column 3
      223 29 SM SM M» Wt———£®| ———UM— mmm «m «m» «u» mm. mm iut—am iih mi mi JfIUE mm- mm- mm MM. UM—UM VM »Mj ttg glfc_ iiiwn m mar jul jam im if MLBSUL 111 fill VMT VM JUL UM JZJL—UHI Ml 8M Ml mow tm yum iur MM J4H m
      223 words
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      Page 30 Advertisements Column 1
      1069 30 wsa HI M IW M Utt STOM PJSUHS SM K UO DO SHI OK w M&m Tft7s gs n7i "W ZHZ HZ ZHZ 3HZ ZHZ ZHZ HMHBBHBS ISKIt |/5 7/5 13/5 IA V* Blffi ZHEina 1 WS Mo z w—kbwbs mat is/5 m i«/s 4/4 ia/4 n/t \m jmm isr
      1,069 words
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      Page 30 Advertisements Column 2
      1086 30 I NOR ASIA I VESSEL VOY |MH ALA LAS KL VAL NAM Ml WT AMTWLLHAI awuk w mm tmnmnmamnmmttMmannmin I MMFNMUM NM Ml 11*7 17*7 14*7 11*7 12*7 1W 14*7 I miMMM MM >7/M <W MI7 MI IMF MM MM 2£ NORSHARJAH MM-J MM 2M7 21*7 21*7 MM MM M*7
      1,086 words
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      Page 30 Advertisements Column 3
      503 30 JAPAN/HONOKONaSBTRAfTB REGULAR MRVtCC LOADING FOR PORT KLANO/PENANQ *tna im «Tom p.aueww |~wm |kn RRABAYA QUEEN 1 «U> IfT ROUWTAg i >1 MAT MJ|)W NRMtIWI 1 MJUW MJW jiT wbmh4 mjw mar Juwra i MJUW WJIM MJUI PMEBMMff 1% MJUW MJUW lAHTA ESMBIAUtA MJUW UJM IIJUW OMUWI 1» IIJUW WJUW WTA
      503 words
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      Page 31 Advertisements Column 1
      1037 31 STRAITS SHIPPING PTE LTD :lkam mtm nNMCBISN*•»*«ii-nKSWMthmts IUBLMF OMt Tsl: *****11 Fimc 21M117 SBiIWHBIiHIfMSIBgBM MMMMMBMMIMMMMM6IBM /gwfiy (A SERVICE OF CHINA NAVIGATION CO) CMUMJNM-a VMIK HJm ttJw Uf. fiNNi. >— .11 -...m.. in rar)ll nnnf- stuntsM*c mux bjw njw STMTS SWA MIS NJw I7Jw Man. Ksto Usatofci 101 Hi SnUfTSHQH VMI4E
      1,037 words
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      Page 31 Advertisements Column 2
      881 31 ftsoAcanmetoootssiwm/mcommu VUUIMSSOLAISOACCFTiiGTOTIW«WIA2Ik i ww mtm mmi/tt* mmmmmt i* tsmtmntin ELSE —fc? r «■■»mmmmmmm $25e252&m HHS"" rA«.M»awr wcwmii fmmais fctuMntw/M/ tmthumm imman ft n<«wi fmmrnt mmrntm fSTI ms sm di <* mo m m im OIANGJMN6 (YANGTZE) RIVER VIA SHANGHAI KSSB/NME mm ml n mo da sm m nJO*/*IB ]|%S MAI
      881 words
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      Page 31 Advertisements Column 3
      261 31 ■MOW aa Ml Ml mm m au m w 1 JL _jm_ JK_ _HL- JBL_ MRM7I4MK l<M IVMS I*M lIM 17M TIM HM MM MM SJIM «W ft*. SSL mm mm nM w I Msv/* aM mn phm mhw Mt MWMm/sßi hm "a«" hm «m liw iw vmm mm >t»
      261 words
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      Page 32 Advertisements Column 1
      929 32 HHMMMMttS wvnitunfwnua«Mi SGP MM MM HN IHP UN LH* Jf J?" I?! 8 Hi if! I. RACER RW-818 1* tin m n« 1M 1M I.GIANT RE-884 28* 2* 38* M RESULT MMN M 28* 28* 28* 1/7 2/7 I. BLORY RE-878 8* 8/8 7/5 8* 11* 3* 8* I. ROYAL
      929 words
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      Page 32 Advertisements Column 2
      867 32 Pit VOTMi MP MB «W Ml M IM Mi VtSSa VOTAM MB AN MM MM MP O««3J* OMM 14/ M 17/TM 11/04 14/04 14/04 |f/M I UMCOMCOtO *****7K 10/W M/W JI Art 71/85 OVJ4 Hrr MOUNT 11/04 TV* 7V04 75/04 7Y04 7YM 74/J4 UMCOtOM 0407 47W H/M V/K n/W li/tt
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      Page 32 Advertisements Column 3
      492 32 UTBj *****33 (12 UNES) FAX: *****18/*****09 TELEX: RS ***** MMP <3 Unas) CR MO: **********06 pST\ ETNIOPIAII SHIPPING LBO |r (NateriUwrfEllfafk) ACCEPTING FCL AMD CONVENTIONAL *■»■< ITA Itnawtw m-m. Momban, OMbouN Aoosy wonz wWB 06/06 Manawa Andbiat 44W8 06/07 Mnwti—. DpboUi H MBUMMUIBf FULLY CONTAINERISED REGULAR UNF» WBVKI ACCEPTING BOTH
      492 words
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      Page 33 Advertisements Column 1
      610 33 BSA il MI MYANMA «HBk FIVE STAR UNE Wymmm NaHmml UM) Lh<H far Ym|m (l-|in) wssa vot sw n» ra ran PAfiAN 232W an su NFA-AN 224W 04/0* lium AftMlSe OOMSTIAB SMFFOB MBKKS •-mm 02-03-***** M ml ra 02-03-37*41*1 me m 02-04-M***** NO: IB 02-07-*****21/4 t«| BANK LINE (A wvlcs
      610 words
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      Page 33 Advertisements Column 2
      968 33 HYUNDAM MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE OKOi *****01 m IPM |PM I VBSM/VOT VOT M WM W |l IMB |Ml I M 29/0$ 31/05 01/ M XCOMMMM 321W M/M 21/ M 23/ M 2S/M 23/ M 23/ M 2S/M M/M 07/ M M/M a—awn 322W 10/ M M/M
      968 words
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      Page 33 Advertisements Column 3
      431 33 I FAMOUS CONTAINER UNES JJp-5 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) 2 SAILINGS A WEEK TO MANILA c» FOR BOOKING *****33 CONTACT SHARON LOW P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) j. BAHRU PH: 0207-*****22 QLOBEUNKFORWARDERS PTETJB T ffiflU wioiiiiffnim mD'Mwmwwilubmmiwmt
      431 words
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      Page 35 Advertisements Column 1
      30 35 To retrieve more schedules, Just follow these simple steps... 740-raM)o^^^y^^^ ep your key in the four number co^e Key in your Exampto: ■—«—i fax number To HAMBURG (HAM) 2150 Germany
      30 words
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      Page 37 Advertisements Column 1
      436 37 TPROPICAL WmUv LCI AKL SwvkM MAJESTIC MAUREN MAERSK 9606 MAERSK96O6 Port Courtry 29/05 05/06 Balizs City Win 02/07 09/07 Bridgatown Borfcadc* 05/07 12/07 Cartogana Colombo 04/07 11/07 Cartas St. Lucia 04/07 11/07 Fort da Franc* Morhntque 05/07 12/07 Fiwport Bahamas 30/06 07/07 i i i IGngrton Jamaica 02/07 09/07 Potnta
      436 words
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      Page 37 Advertisements Column 2
      1184 37 ADVANCE CONTAINER LINES (PTE) LTD AP I 140 CscS 9feMt, #1200, PIL Building, Slrtgapora *****0 ""Li TEL:22I262I,RAX:2233OIO,TELEX:RS2O34OACLPL CR NO. **********0E »AIH«OK II JAKAOTA I (SSMhgMMkIiPKT, ZMMpti NT. ZSMapIiLCN) (4 Egßi|RMUni|||iKS a I I vsssa SM w I I f I LAIAZAB 911 01/06 Sot 04/06 lua 08/06 Sd KH>AH(UTC2I 945
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      Page 37 Advertisements Column 3
      815 37 *****—0000Z MBWIB WV mi OAABETT* LEHA*/RE HAMBURG ITIIMW'UIII ROTTERDAM Awnnwp MLLEOELMRA LIBW 0W 17/06 2M06 2U6 2MS »M 01/07 wuggifluu mw 11/06 awe mm oam ow omt ow WXEDECARMA Cl«* IMB 01/07 08*07 KMO7 ***** IMP IMI7 VBlEDEBAflin* 81«W »M_ 0807 18/07 17/07 I*o7 5*07 2307 ALSO ACCEPTING CARGO TO
      815 words
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      Page 38 Advertisements Column 1
      1154 38 VESSEL VOY MH JKT IVtMB. VOY MM PM J^M GURU BHUM MM Sal 01AM Tim 04AM BUNGA MAS EMPAT *MT 1*" W^* P*"* WY 1 I M ■**>»* P YAMTRABHUM 138N T*u mPI Bun IOW ™*J™" fJJJ- "JJ- JARU BHUM >701 Tyi OW Thu WW STAMFORD* OSN W 31/06 Man
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      Page 38 Advertisements Column 2
      523 38 11 OUXTON HIU, UNOAPOU M»S*3 <1 S **********0N snouts shuttie satvtct 2 PORT KLANG PENANG I w I a m ww I w I a wr~ mm ww aasni wosw* J»* mm TMsm »uwa <w IWHI 11/85wi juji tt» Mytew ~gfciw mm MM JI/DSHB OtfNSM «> MK 18/MSN M/MNE s»UMB
      523 words
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      Page 38 Advertisements Column 3
      168 38 mm NEHSONS BULOM 24 PECK SEMI STREET* SINGAPORE *****4^ TIL: 323 1133 faxi 221 tonmi/m vissa wr sun an desimbkm SHRMk Ml Ml Ml fUN/MLMME SUM V* Ml Ml NMW/9MD! wsm IV* mi iv* umimm sunki ivn Mi vm mmmm wsm it* Mi Mi jwhhk MHDMUB 'v? SS J/S SSSShI
      168 words
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      Page 39 Advertisements Column 1
      617 39 JR fll SINO IXPRISS SHIPPING (PTI) LTD. V Mm I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE *****7. 2 m 1 TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINO EX i^——i— SIItOTIAMS fJUIWAI (CONTAINER SIRVICI) Also occepting container cargo to: L VBSH/YOY EUSIN ETA HKG ETA SHA W/T HKG:
      617 words
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      Page 39 Advertisements Column 2
      686 39 A.m MN CONTAINER LINES. INC 1 AgOTts: MAC-KELS SPORE: *****22 (24 UNES) kdoSno: (o*2)4*u» -NtV-J QW Mdi HI lIT BMU: (DM) *****S MAMUL 032) tl2Mtl PPIANOBANGKOK: (SSZ) 23SMS7 SURABAYA: (31) 2SISM R«LAHQ:WSSSSSyy JKT (SI) MCSW7 MP* »1) S44SH SANPUHOc(22)MMSM 20TH ANNIVERSARY OFFER:-(Lowest-Lowest Rates) PEW/PK SIM HONG KONG 5/6 6/6 mv
      686 words
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      Page 39 Advertisements Column 3
      308 39 ATTRACTIVE FCL/LCL RATES TO: Indian Sub-Continent Ports MADRAS/BOMBAY/ CALCUTTA COLOMBO CHITTAGONG/ NHAVA SHEVA IWENDER J CONTAINER LINBS »rENQUIRIES BOOKINGS PLSCALL TEL: 224 6744 m O.K. LINE FULL CONTAINER SERVICE B'PORE/JAKARTA vosa VOY SM JKT TAMMMGVM 7*l/7382 MM Ml UN MM MM S'PORE/SURABAYA/SEMARANQ VESSa VOY Ml MY SRG 1 Ml QM
      308 words
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      Page 40 Advertisements Column 1
      327 40 Shippingtimes BUSINESSCENTRE A D V E R T I SING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 740-6000 FREIGHT LINKS EXPRESS DISTRIPARK WHERE YOUR WAREHOUSING The Integrated I NEEDS ARE SATISFIED Logistics I Here's why we're worth a daser look! Specialist M Proximity to key port facilities
      327 words
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      Page 40 Advertisements Column 2
      370 40 TEAMWORK Is when everyone x: takes responsibility and diligently ■■■■■HHHK work towards achieving the main goal. A quality which has been The Total Transportation People Total m embraced by all at Visa Freight Transportation ftthese past ten years. Put your People BL transportation needs in our hands and join the
      370 words
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
      121 41 LEGCND: R Thunderstorm Temperolwe c A y Shower Weather Wind (fraction with ipnd in knots ••Rain CJ Cloudy Sky Wov h M Swfaoa «Mi ara «dkoted by arrows which Hy with the wind o On M '"Presents calm or light and variable winds On* half fleche represents 5 knots One
      121 words
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