The Business Times, 17 April 1997

Microfilm: NL20875
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES NOTA (P) 023/12/96 Internet http://www.asial.com.sg/biztimes SINGAPORE THURSDAY, APRIL 17,1997 85c
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  • Article
    MARKET SUMMARY
    9 1 'mm 9* SSA '>..■ vi- .V i v
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  • Article
    FINANCE
    29 1 W s r; m oft— I UM UM IDf JPtf tW» LMt mT. r~JV U74 MO——im <44 II I g ==1 <10 1M ma7i 45w2£2LiK (Source: NatWest Bank)
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  • Article
    S'pore developer faces US insider trading rap
    940 1  -  Two under probe for buying call options in shires of NOL merger partner APL Ay l Catherine Ong in Singapore and Andrew Marks in New York THE Securities and Exchange Commission (SEC) in the US has filed insider trading charges against Singapore property
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  • Article
    Ong may have to reckon with S'pore law
    371 1  -  By( Catherine Ong [SINGAPORE] Singapore property developer Bobby Ong, who faces insider trading charges in the US, would also have committed an offence here if he had placed his orders to buy options in APL Ltd in the Republic, lawyers said. Those
    371 words
  • Article
    More unit trusts qualify for 1997 Fund Awards
    369 1  -  By I Shiv Taneja [SINGAPORE] A total of 72 lo-cally-authorised unit trusts will qualify for the 1997 Investment Fund Awards to be presented early in the first quarter of next year. Unlike the inaugural awards, which were given last September for the
    369 words
  • Article, Illustration
    Lock icon Waiting for the beat
    63 1 [SINGAPORE] The neon lights are up for HMVand soon there will be music. HMV, the British-based international music chain, is set to open its 25,000 sq ft flagship store in Singapore at The Heeren building on April 28, with an official opening scheduled for May. The
    ARTHUR LEE  -  63 words
  • Article
    Malaysian bourse steadies as forced selling dries up
    253 1  -  Ky R Sivanithy [SINGAPORE] The Malaysian market yesterday managed to recover some poise after hitting a nine-month low on Tuesday, boosted by a drying up of forced selling and a firm showing by Wall Street on Tuesday. A statement by Kuala Lumpur
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Economy to grow at 6.7% yearly to 2000: UN survey
      390 2  -  Asia-Pac set to remain world's fastest growing region, study adds By, Audrey Tan THE Singapore economy will grow at 6.7 per cent annually till the year 2000, a survey by a United Nations agency said. And the Asia-Pacific region looks
      Source: Escap  -  390 words
    • Article, Illustration
      Lock icon A dream sculptured in bronze
      68 2 [SINGAPORE] Canadian artist Sorel Etrog standing next to one of his bronze sculptures, the Dream Chamber, which is on display in front of the Singapore Art Museum. Etrog, who works mainly in the three-dimensional and in all mediums of bronze, wood and marble, is exhibiting
      AFP  -  68 words
    • Article
      UK banks urged to go into more innovative areas
      268 2  -  Republic taking steps to expand futures trading and develop fond management By' Teh Hooi Ling FINANCE Minister Richard Hu yesterday caUed on British financial institutions to expand their operations into more sophisticated and high value-added financial activities in Singapore. He was
      268 words
    • Article
      Phone line disruptions not our fault, says SP
      173 2 SINGAPORE Power yesterday denied there was any fault in its power supply system which could have caused disruptions to telephone services in the Orchard Road area. "Singapore Power confirmed that the power surges experienced at the Orchard Exchange of the telecommunications network
      173 words
    • Article
      First MOU with Egypt to be signed today to promote trade
      227 2 Agreement will cover business information, seminars, exhibitions SINGAPORE and Egypt will sign a memorandum of understanding (MOU) today on mutual cooperation in trade promotion, said the Trade Development Board yesterday. The MOU, the first to be signed between the
      227 words
    • Article, Illustration
      Lock icon Wholesale prices at 6-month low
      338 2  -  EYE OH THE ECOMOMT Prices By. Audrey Tan CHEAPER petroleum and gas led to lower wholesale prices in February, with the Domestic Supply Price Index falling to a six-month low of 86.8 points, figures from the Department of Statistics show. February's figure is 1.6 points
      Source: Dept of Statistics  -  338 words
    • Article
      KL electric rail: 1990 pact not superseded
      152 2  -  LETTERS TO TOE EDITOR Lam Chuan Leong Permanent Secretary (National Development) Ministry of National Development PLEASE refer to your article, "Singapore offers to invest in KL electric rail link", in yesterday's BT. Paragraph 3 of your article implies that the Singapore government's offer
      152 words
    • Article
      '97 growth figures: No revision to MTI forecast
      135 2  -  Miss Yong Ying-I Principal Private Secretary to Deputy Prime Minister Lee YESTERDAY'S reports on DPM Lee < Hsien Loong's speech to the Singapore British Business Council on Tuesday night, quoted him as saying that the Singapore economy was expected to make steady
      135 words
    • Article, Illustration
      Seagate may move out production of 2.5-inch drives
      449 3  -  Shift needed to boost capacity for high-end drives, says company's vice-president Jennifer Lien SEAGATE Technology might move the production of notebook disk drives out of Singapore to cater to "exploding" demand for its high-end, highcapacity drives, vice-presi-dent Joel Stead said yesterday. "There's
      449 words
    • Article
      New hours for 2 futures contracts
      488 3  -  Liffe, CBOT to offer US T-bond, Bund during working hours By\ Siow Li Sen SINGAPORE investors can from next month trade in the US Treasury Bond and the German Government Bond (Bund) futures two of the world's most popular futures contracts during normal working
      488 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      77 2 |B 1986. ELDEE YOUNG PLAYS SOMERSET'S M v /1 d J4 B _J 1997. ELDEE NOT-QUITE-SO YOUNG PLAYS SOMERSET'S Efdee Young, tfe man w\/)o started it all at Somerset's Bar is back. Somerset's Bar's first guest musician, and one of America's foremost jazz masters, Eldee Young and his > quartet
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      Page 2 Advertisements Column 2
      148 2 You can say NO to duplication in your accounts department You must be fed up of the number of times the same voucher or invoice is made, posted, updated and written over and over again by the different departments in your company. This naturally leads to delays, errors and unnecessary
      148 words
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      Page 2 Advertisements Column 3
      26 2 If you have found something, you can advertise for free in Classification 821(Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. |cata| j Another Classified Service
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      1224 3 NOTICE OF RESOLUTION AMCOL HOLDINGS LIMITED (in Judicial Management) Trust Deed dated 4 May 1993 ("Trust Deed") Between the Company Golden Bay Realty (Private) Limited (In Judicial Management) ("Golden Bay') and HSBC Trustee (Singapore) Limited ('the Trustee") constituting *****,000,000 5 per cent. Bonds Due 1998 ("the Bonds") NOTICE IS HEREBY
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      Page 3 Advertisements Column 2
      139 3 c 2.38 a.m. A hard day's night? g 1 I v* >v- t gf -x jfcg&-.-.-. Not so at teSIA Bmldmg. As the rest of Singapore sleeps, husiflfc&s doesn't stop at the SlABuilding Bv simply pushing the keys of your telephone. vou li r dCCeWtO AjSuildini/'s wsterm even after normal
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  • FOCUS: PROPERTY
    • Article
      Lock icon Ayala Land outlines development strategy
      257 4 Reuter [MANILA] Ayala Land Inc, the country's top real estate firm, is realigning its strategy and budgeting 10 billion pesos (Sss4 million) in capital spending this year despite worries of a property slowdown. Company officials yesterday said the thrust would be in new investments in
      Reuter  -  257 words
    • Article, Illustration
      Freehold East Coast flats going for $780psf
      424 4  -  Chapel Court put on the market close to completion By Diana Oon [SINGAPORE] A little-known property company, Unibuild Development, is building a freehold housing project on Sea Avenue, which is just off Marine Parade Road. The project, called Chapel Court, will be launched
      424 words
    • Article, Illustration
      Lock icon Down and out in Bangkok
      700 4  -  Oversupply has cut prime office rentals by 40% while condos are only 65% occupied By Harish Mehta in Bangkok IT IS dubbed the nightmare on Sukhumvit Road, the scene of hectic property development in Bangkok. All the signs of a slump are evident. Yields on
      Source:  -  700 words
    • Article
      Clarification
      41 4 IN an article in the BT Property Supplement of April 9, property consultant Richard Ellis said that Richmond Ville was a 99-year landed residential property project. The company has since clarified that Richmond Ville is actually a freehold landed project.
      41 words
    • Article
      House Hunt
      1254 4 Property transactions for districts 15 and 16 (sectors 42 to 45 ana 46 to 48) lodged between 1st Jan 1997 and 15th April 1997. PROJECTNAME/ PROP CONTRACT TENURE BUILT-IN/ PRKE PSf STREET NAME TYPE DATE LAND AREA (SOFT) (SS-000) CSS) District 15 Amber Park Apt 10/3/97 FH 1743
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      115 4 II Specialist I I in Residential Letting and I I Property Management I I in London I We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional
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      Page 4 Advertisements Column 2
      11 4 Richard Ellis Investment i II I hi i in MBS ■Bfll
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      428 5 f > 4 1 /•> A oevons -iS'rrt Vc" D v a KOao 4" DHOBY GHAUT I am. NEXT TO THE nnviHil HI «o AO *****11 l k s: WM *M 'U PROPOSED > wP 0 I; nt a n T7"17 r\ y t k\r V sfe K CLARKE QUAY
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  • SOUTH EAST ASIA
    • Article
      South American ministers invited to Asean meeting
      527 6  -  SAO PAULO. Brazil Proposed dialogue to strengthen ties between the two economic groupings By. Ronnie Lim ASEAN and Mercosur, the South American Common Market, are poised to strengthen their ties with one another. Brazilian trade officials said on Tuesday that Mercosur economic ministers
      527 words
    • Article
      Lock icon Indonesia's stable, Alatas assures investors
      277 6 JAKARTA Reuter INDONESIAN Foreign Minister Ali Alatas yesterday sought to reassure foreign investors that the nation was politically stable and a good place to do business despite recent disturbances. "It (the violence) does show a rather disturbing occurrence of ethnic tensions and unfortunate excesses (but)
      Reuter  -  277 words
    • Article, Illustration
      Lock icon On track to save two hours
      66 6 [HA TAY, Vietnam] Railway workers working on a section of the trans- Vietnam railway in the northern province of Ha Tay yesterday as part of efforts aimed at upgrading the railway in order to reduce the journey to 34 hours from next month. The
      AFP  -  66 words
    • Article
      Rival transport projects pose dilemma for Jakarta
      554 6  -  JAKARTA Triple decker project clashes with MRT plan, both trying to get special financing By\ S N Vasuki PT CITRA Lamtoro Gung Persada, owned by President Suharto's daughter Siti Hardiyanti Rukmana, is going ahead with its ambitious plan of building a "triple decker"
      554 words
    • Article
      Lock icon US warns Myanmar leaders of investment sanctions
      317 6 MARYLAND AFP US SECRETARY of State Madeleine Albright on Tuesday stepped up pressure on the Myanmar leadership, saying it was "on notice" and could face US investment sanctions. Noting Yangon's crackdown on political expression and jailing of demonstrators, "Myanmar leaders are on notice
      AFP  -  317 words
    • Article
      Lock icon Japan consortium plans to buy Natuna stake
      219 6 TOKYO AFP A CONSORTIUM of 11 Japanese companies plan to join Indonesia's Natuna gas field project, investing more than 250 billion yen (552.85 billion), the Nihon Keizai Shimbun said yesterday. The consortium expects to buy a 13 per cent stake in the huge
      AFP  -  219 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      82 6 B£lB9 class 95 FM PUB DISCO JAZZ KTV WORLD BONEY M LIVE-IN-CONCERT (IN CELEBRATION OF CLASS 95'S BIRTHDAY") A' a retro party featuring boney m class 95 djs (Friday 18 april 10pm > (no extra charge!! (tickets now on sale at sparks reception) Official Hotel: (giant disco hits) r—. co
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      Page 6 Advertisements Column 2
      162 6 "Dawn In The Eastern Sky" Exhibition of Li Keran's Paintings PI 18-27 April 1997 Orchard Point Exhibition Hall Level 4, Orchard Point 11am 7 pm I Li Keran's 'Dawn In The Eastern Sky' Chinese Painting and Calligraphy Exhibition is the late Chinese master's biggest show ever held in China and
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon Western bid to rap Beijing over rights shot down in UN
      334 8 BEIJING Reuter AFP BEIJING rejoiced yesterday after sinking a resolution in the United Nations to censure its human rights record and urged the West to draw a lesson from its seventh straight failure to criticise China. "The Chinese government
      Reuter; AFP  -  334 words
    • Article
      Lock icon China, UK sign HK land development agreement
      549 8 ■HONGKONG But experts say not enough land has been allocated for residential use Reuter CHINA and Britain agreed yesterday to release large tracts of land in Hongkong for development, but the accord failed to impress experts who said more must be done to
      Reuter  -  549 words
    • Article
      HK passes transitional budget without Democrats' support
      385 8  -  HONGKONG By Loh Hui Yin HONGKONG'S transitional budget was passed yesterday but without the support of the popular Democratic Party which made good its threat not to support it. The Democratic Party had earlier said it would not support the budget unless the
      385 words
    • Article, Illustration
      A Chinese bureaucratic battle
      620 8  -  CHUT A WATCH The flap over red chip's nik float flght By Lu Ning THE public float of Gitic Enterprises in Hongkong last month started as a routine exercise. A typical red chip company, Gitic Enterprises, a Hongkong-registered maker of marble and construction material, is owned
      620 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      22 8 Your good luck charm. BS* Jg3p f BP Millenia Walk Raffles Hotel Arcade Shaw Centre The Paragon Takashimaya Department Store m.b.melwanic., http://www.melwani.com.Bg
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      Page 8 Advertisements Column 2
      219 8 Organised by Singapore Network Services Pte Ltd |9H9BWSVSV!V!I 28 and 29 Raffles City Conventioo&^^^^^H The Asia Pacific Conference A Exhibition on EDI to and and EC are O these All y^ffiyffl|gp| h J^§fMgMjMjMMj^ Speakers from 12 countries address the following topics: Globalisation Trends in EC EDI QEOI and Internet edi
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  • FOCUS
    • Article, Illustration
      Lock icon Suharto still holds key to succession plan
      1260 9  -  Indonesian president remains in control despite rumours about healtb as country prepares for general elections next month ByY Yang Razali Kassim The writer is BT's Regional Analysis Editor [SINGAPORE] M T THE wedding two weekends ago of the son of Adi Sasono, a
      REUTER  -  1,260 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      257 9 1 MKM S i L /*r\c 5 .lj r Ir# I fl USv 1 fl ll M M 1 tpgwjwnjj npi y J n I C/io/ce 0f250 million viewers.pf^M INTRODUCING THE NEW AND ONLY 2.01 ESTATE WITH AWD The new Legacy 2.0/AWD Estate is the culmination of decades I An
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      188 10 No need to worry. We're already doing something about it... Introducing an exciting innovative plan with no final "balloon" you won't be left with a balloon bursting in your face. Plus you'll be payment! With the new Audi A 6 Pro Finance Scheme, you can enjoy enjoying Audi's 3-year Audi
      188 words
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  • ASIA
    • Article
      Lock icon No respite seen for Korea's economic slump: minister
      440 11 SEOUL Economy will stay in doldrums for considerable period; growth will taper off to 5% AFP SOUTH Korea's faltering economy will remain in the doldrums for a "considerable" period of time, with growth tapering off to the 5 per cent level this
      AFP  -  440 words
    • Article
      Lock icon Aussie regulations driving oil firms out: Ampol MD
      299 11 MELBOURNE Bloomberg AMPOL managing director lan Blackburne warned that oil companies in Australia may shut down some of their operations because the industry is too highly regulated. "Oil companies are being strangled by regulation," Mr Blackburne said. "If current trends continue there
      Bloomberg  -  299 words
    • ASIA Notes
      • Article
        Lock icon HK Chinese Australians alerted
        67 11 AFP [CANBERRA] Australia yesterday alerted thousands of Hongkong Chinese with Australian citizenship of the need to renounce their Chinese citizenship if they wanted to retain access to Australian consular services in China. The Australian Foreign Affairs and Trade Department issued the alert about dual citizenship to
        AFP  -  67 words
      • Article
        Lock icon Indian clothes exporters attack govt
        80 11 AFP [NEW DELHI] India's clothes exporters yesterday attacked the government, saying its new fiscal policies would stunt the industry's growth. Apparel Export Promotion Council chairman K L Madan said the end of tax concessions on imported fabrics, announced in India's latest export-import policy to March
        AFP  -  80 words
      • Article
        Lock icon Aussie govt faces A$640M shortfall
        54 11 Reuter [CANBERRA] The Australian government faced a As64o million (SJ7I7 million) 1996/97 budget shortfall with tax collection from small business running below projections, The Australian Financial Review newspaper reported yesterday. The paper, citing Tax Office documents, said the shortfall prompted tax authorities to tighten monitoring
        Reuter  -  54 words
    • Article
      Lock icon N Korea defector sold missile blueprints to China: paper
      185 11 MANILA AFP NORTH Korean defector Hwang Jang Yop reportedly sold top secret Pyongyang blueprints for two missile systems to Beijing, a Philippine newspaper said on Tuesday, quoting an intelligence source. Mr Hwang passed on "vital information" about North Korea's Rudong II
      AFP  -  185 words
    • Article
      Lock icon New entrant in race to be India's PM
      295 11 NEW DELHI Politician close to Nehru family in the lead, say reports Reuter A SOUTHERN politician close to the Nehru-Gandhi dynasty emerged yesterday as a front-runner to become India's next prime minister. GK Moopanar, who defected from the Congress party last year
      Reuter  -  295 words
    • Article, Illustration
      Lock icon From Sir, with love
      71 11 [TOKYO] Oscar winning actor Sidney Poitier presenting his diplomatic credentials as new Bahamas ambassador to Japan to Emperor Akihito at the Imperial Palace yesterday. Poitier, who has starred in films like To Sir, with Love, arrived in Tokyo on Tuesday for a six-day visit. He is
      AFP  -  71 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      268 11 I (M? RUF Designers' Beds '97 Collection L^.^J K *?yj euje( J ~7.': Europe's market leader for designer Qt |LV>* 0 m Studio Line RUF gollgry #o^-19 Pnrk Moll Wsfi* •9 *J» 11? upholstered beds and mattresses. The m S collection indudes more than 100 different bed designs, classic, contemporary
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      266 12 BUSINESS Notices This announcement appears as a matter of record only. HOTEL PRWWTIES LIMITED (Incorporated in the Republic of Singapore) U5550,000,000 TRANSFERABLE TERM LOAN FACILITY Arranger Oversea-Chinese Banking Corporation Limited Lead Managers Oversea-Chinese Banking Corporation Limited Standard Chartered Bank The Bank of Tokyo-Mitsubishi, Limited, Singapore Branch Co-Lead Managers Bayerische Lahdesbank
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      Page 12 Advertisements Column 2
      66 12 The Korea Development Bank U.S. $200,000,000 Floating Rate Notes due April 1999 In accordance with the terms and conditions of the Notes, the rate of interest applicable for the interest period 15th April, 1997 to 15th October, 1997 is 6.3625 per cent, per annum. Interest payable on 15th October, 1997
      66 words
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      Page 12 Advertisements Column 3
      1036 12 TONG MENG INDUSTRIES LIMITED (Incorporated In tho Rapubllc of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Second Annual General Meeting of the Company wM be held at 47 HM Street #05-02, Chinese Chamber of Commerce Industry Bufldtog, Singapore *****5. on Friday, 2 May 1997, at
      1,036 words
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      Page 12 Advertisements Column 4
      393 12 NOTICE IS HEREBY GIVEN that, I Fun Yin Chan of Blk. 21, #14-142, Teban Gardens Rd, Singapore *****1, have applied for a First Class Public House in respect of M/s Beautiful Myanmar Restaurant Cafe and Lounge located at No. 11, Mosque Street, Singapore *****1, and that this application will be
      393 words
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      Page 12 Advertisements Column 5
      874 12 HESHE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 60 Martin Road, Ground Floor, Boardroom, Trade Mart Singapore, Singapore *****5 at 10.00 a.m. oo 3 May 1997. The Extraordinary
      874 words
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      Page 12 Advertisements Column 6
      441 12 To advertise call toll-free 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO M THE MATTER OF BLACK A DECKER SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 30>N) 0 the Companies Act, Cap SO that the
      441 words
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      Page 12 Advertisements Column 7
      302 12 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF JPC PTE LTD (Incorporated in thi AoputoMc of Singapore) MEMBERS' VOLUNTARY WINDING UP At an Extraortftnary General Ms sting of the members of the abovenamed company duly convened and held at 190 Middle Road *17-04 Fortune
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      Page 12 Advertisements Column 8
      219 12 M THE MATTER OF THE COMPANIES ACT. CAP. SO AND M THE MATTER OF YOKOHAMA OENSAM (ASIA) PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act. Chapter 50. that the Final Meeting of the Members of the abovenamed
      219 words
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  • THE WORLD
    • Article
      Lock icon Inflationary pressure in wages: Fed governor
      394 13 WASHINGTON March CPI report gave good news, bat Q1 growth rate still a bit too fast for Fed Bloomberg FEDERAL Reserve Governor Susan Phillips suggested Tuesday's good news on consumer prices could be temporary and that rising wages still could trigger higher inflation in
      Bloomberg  -  394 words
    • Article, Illustration
      Lock icon Death toll in Mecca fire soars to around 250
      362 13 AFP TWO million Muslims prayed on a hill near Mecca yesterday as the death toll from the huge blaze that ripped through 70,000 pilgrims' tents soared to around 250, mostly Asians. While the mass of pilgrims gathered for the climax of
      AFP; REUTER  -  362 words
    • Article
      Lock icon Chip makers see 10% growth this year
      380 13 SAN FRANCISCO Texas Instruments says DRAM prices have began to stabilise FT WORLD semiconductor sales have started to recover from last year's 9 per cent fall in revenues and could rise 10 per cent this year, leading US manufacturers believe. Texas Instruments, one
      FT  -  380 words
    • Article, Illustration
      The evolution of a new Newt
      678 13  -  UTTER FROM WASHINGTON Gingrich has mellowed; it's time the OOP did the same By Leon Hadar SOME of Washington's pundits were speculating early this year, as Congress was reconvening after the election, that Republican Representative Newt Gingrich would not be able to muster enough
      678 words
    • Article
      Lock icon March US industrial output surprises with 0.9% increase
      308 13 WASHINGTON Bloomberg US INDUSTRIAL production advanced at a faster than expected pace last month, while plant use ran at a two-year high in the latest evidence of the economy's strength according to Federal Reserve figures released yesterday. Output at factories, mines and
      Bloomberg  -  308 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      1056 13 Compaq reports 65 earnings jump, Pg 22 NOTICE OF RESOLUTION AMCOL HOLDINGS LIMITED (In Judicial Management) Trust Deed dated 28 July 1994 ('Trust Deed") Between the Company and HSBC Trustee (Singapore) Limited ('the Trustee*) constituting *****,000,000 5.5 per cent. Unsecured Bonds Due 1997 ('the Bonds") NOTICE IS HEREBY GIVEN that
      1,056 words
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      Page 13 Advertisements Column 2
      172 13 If it's not for the ICE 'N' WATER dispenser, you would probably mistake it as a cabinet. yfmana Refrigerator Freezers IL. ■PT Presenting the totally built-in look by It's little wonder then that Amana is the leading brand mum Amana the only American refrigerator in Europe for American refrigerators used
      172 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Don't underrate Thais'ability to bounce back
      824 14  -  THE BOTTOMLDVE OPINION By Harish Mehta The writer is BT's Bangkok correspondent A SENSE of doom sallies from the very mention of the Thai property and finance sectors, the two areas that led the economy into the boom years. It has become quite common
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    • Article
      IN OTHER WORDS
      147 14 'Did you know there was a mayor's race going on? Elections in LA are so different. Here you got politicians with phoney smiles making false promises to voters with fake boobs and bad toupees.' Jay Leno US talkshow host on The Tonight Show. 'I'm always being told
      147 words
    • Article
      Settling HK's right of abode issue
      599 14 EDITORIAL NEW laws announced by China governing the right of abode for Hongkong emigrants came as welcome relief for thousands unsure about their status after July 1. But celebrations will be premature until China and Britain agree on who should pass the new laws.
      599 words
    • Article, Illustration
      Koreans eye bank aid
      1105 14  -  If Seoul can persuade the ADB to admit N Korea, the costs of future reunification could be shared By. Anthony Rowley The writer is BT's Tokyo correspondent THE Asian Development Bank has welcomed some exotic new members in recent times: Uzbekistan, Kazakhstan, Nauru and Tuvalu, to
      1,105 words
    • Article
      WHAT THE OTHERS SAY
      833 14 Confusing rlgbt of abode HOW pleasant it would be if, when Hongkong gets good news about the change of sovereignty, it could be announced by both sides in a spirit of mutual co-operation and genuine goodwill. Monday's decision about right of abode is generous, both in
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  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      58 14 DOQNESBURY By Garry Trudeau I toner n; f fifth-gmpcj&! LKtbn, kips, rrwontbb long f > (^^yourenoTX U MK. *****! LI TALK ABOUT dSFORS YOLTRB 7E£NA6&&, I $WK]7& HOW \UNPRO-\ R£AP/ TOR THAT U VOU'R£ NOT U MAJNUirtHBD' i ANO YOU ALL KNOW UJHAT I citc aoc yn/j ATBCTEP 57VFF! THAT*>
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Friends fails to convey any point
      587 15  -  THEATRE Casting of the Action Theatre play was confusing, while the directing lacked focns By] Holly Harrison i ntnt s no pome way to assess Action Theatre's Friends. Bluntly put: it's a flop. So much so that audience members at last Friday's opening night
      587 words
    • Article, Illustration
      Lock icon Britannia brims with solid British class
      567 15  -  Her Majesty's Yacht Britannia is one royally good boat, as david boey finds out DAVID BOEY ONE look at Her Majesty's Yacht Britannia and you'll probably tell yourself that this is one Grand Dame that really doesn't look her age. Though she turns 44
      CHRIS LOH; CROWN COPYRIGHT  -  567 words
    • Article
      All that glitters is gold leaf
      405 15 unless it's the gleam in the engine room or silverware A ROYAL banquet for about 40 people requires about 900 pieces of cutlery from the Royal Collection, all of which must be handwashed. Needless to say, all silverware must also be pristine. ♦The Royal
      405 words
    • Article, Illustration
      Putting a beauty and a beast to the test
      992 16  -  MOTORING RoUs-Bqyee's Sflrer Dawn is all elegance but the Continental T erndes raw power By l Christopher Tan [SINGAPORE] Rolls-Royce Motor Cars rarely conducts test-drives. Even when it does, the people at the wheel are usually potential customers. For a company
      992 words
    • BUMPER to BUMPER
      • Article
        Jaguar roars back with better sales
        101 16 CO VENTRY-based Jaguar recorded its best March sales since 1990 with 4,014 units sold an 18 per cent increase over the same period in 1996. Total first-quarter sales hit 10,931, an increase of 23 per cent from previously. The Ford-owned manufacturer's success is accelerated
        101 words
      • Article
        C&C pitches in with 2 MPVs
        43 16 CYCLE Carriage has pitched in for national soccer. It donated two Mitsubishi Space Gears to two football clubs the SAF Warriors and Home United s The Protectors last week. The multi purpose vehicles cost $188,000 each (with
        43 words
      • Article
        Rover sales up, but it's still in the red
        75 16 BMW AG has reported improved financial performance by subsidiary Rover Group. For 1996, Rover sales revenue hit £6.4 billion (5514.97 billion) compared with £5.6 billion in 1995. Unit sales were up 5 per cent to 507,254 vehicles. However, Rover is still
        75 words
      • Article
        GM's Delphi unit doubles net income
        67 16 GENERAL Motors-owned Delphi Automotive Systems, the world's largest vehicle parts supplier, more than doubted first-quarter net income to US$lBO million (Ss26o million) from US$79 million previously. Net profit margin was 2.7 per cent, compared with 1.3 per cent in the first quarter of 1996.
        67 words
      • Article
        Asian road investment over 20 times up
        88 16 ROAD expenditure in Asia has grown dramatically over the past 30 years. Asian governments are now spending more than 20 times the amount they invested in roads in 1965. Back then, road investment amounted to about US$3.5 billion (555.05 billion) a year. By
        88 words
      • Article, Illustration
        Land Rover Jr coming soon
        80 16 THESE are the soon-to-be-launched baby Land Rovers. Called Freetander, they will be available here some time next year. Pfewered by a 1.8 litre petrol engine (also a 2.0 litre diesel), they come in either a five or three-door mode. Indicative pricing in the UK ranges
        80 words
      • Article
        For whom should the roads be tolled?
        111 16  -  Compiled by Christopher Tan SHOULD road building and maintenance be privatised? The trend seems to have taken hold in Europe, and is even the subject of debate in the US, one of the last bastions of publicly financed highways. France and Italy have
        111 words
    • Article, Illustration
      The mother of all Beemers
      242 16 THIS is the mother of all 7-se-ries Beemers. Called the L 7 (no prize for guessing what L stands for), it is a superstretched version of BMW's flagship limousine and will cost well over half a million dollars here. Measuring 5.37 m bumper to bumper,
      242 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      1327 15 NOTICE OF RESOLUTION AMCOL HOLDMQB UMTTED /Igk L >j4 lAIAI (W judicial Management) Thist Deed dated 22 March 1994 ("Trust Deed") the Company Gotdan Bay Realty (Private) Limited (In Judicial Management) ("Gotdan Bay") and HSBC Trustee (Singapore) Limited ("the Thietee") constituting 5570,000,000 5 par canL Convertible Bonda Dua 1999 ("the
      1,327 words
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      Page 15 Advertisements Column 2
      73 15 ■Festival ■Watch What's on at the S'pore Int'l Film Festival I ■■■■>■!, IJMIg 7pm Hra. Deepa Mehta. Canada (1006), 104 raina. R(A). M lata* Oar*. Ari Folman, Ori Sivan. Israel (1906), 84 nina. Not rated. MB Mmnmrivv. Francois TntfftuU. France (1060), 85 miaa. R(A). AP ttoMnaA Umit Eld Turkey(l9o6), 91
      73 words
Page thumbnail Page 16
  • Page 16 Advertisements
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      189 16 'fun WEATHER Singapore: Showers with thunder are expected in the afternoon. Temperature (33-25). Aafe-Pactflc HVXo* Cood. Europe HVLo* Good. America ffi/Lo* '•'J T««»rt> \msbrttam IJIB (Vwh Ru,«„s Xirw Baiu&.t (Vud> Vlhrns |iiM Shrank (V **> Hrtjme W«8 Sunny «<■*■_ It 02 (Vwh <l>w*o «v 1 (loudy K.*ihay Xltt sunny R«m
      189 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      237 17 Where to wine, dine and entertain Horn "Kampung 'Days C AI» Carte "Promotion Ist '97 *Kintamani Indonesian ""Restaurant j4yam Coco (Grilled kampung chicken) Price $17.00+++ j\yam Donga la (Kampung chicken stuffed with chopped prawns) Price $22.00++* Ve/ut W/ambangan (Marinated fresh eel, grilled to perfection in the old kampung style) Price:
      237 words
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      Page 17 Advertisements Column 2
      140 17 SINGAPORE BUSINESS Giving you the winning edge HERBAL f 1 ""v f NOURISHMENT VITALITY AT Speciallyßnewed TURTLE SOUP. Onlysls+++ (Keg)s2s+++(LtKge) V Pott AwS only TURTIE SOUP lC>UKaioaiH- call *****66 ext. 1108. Mvrrt'itailßMM. YTTIAAaIaI «»"««<*». tac 737*7*1 IttlllUilferia OMWdinangMtbrlMNaMiMMUandUd OtaMkxxMMotftthao) Dear Bom I heard that La Praeaarie at The Marco Polo,
      140 words
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      Page 17 Advertisements Column 3
      1 17 R^HE|S2QSS^li^Kl
      1 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      820 17 TV&RADIO fkMMfHMIt tfr-'vf cial The Man Without LJil U Face (See Our Choice) 12.00 NN II 1 Mill 230 PM The Winners. LOO AM The Outer Limits ULIS PM Documentary 1 *2 J Ac^l oney Straight and Narrow. 12.48 Bisnes Hari Ini. 2*S Tho L 45 The Bill Nothing Ven
      820 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      177 17 CKVFTIC CROSSWORD lower to preen, fussily as Down ury Good gracious. (10) B 1 Unproductive meadow to the 12 US legation turning sticky YESTERDAY'S SOLUTION north (4) (10) 2 Trick sure to work (4) 13 Ties up numbers in street- [Nl||oiiiEfl°BEßfluSoyßl 3 Cake to go like lightning in rising (7)
      177 words
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      Page 18 Advertisements Column 1
      135 18 A class of its own. Luxury on the move. THE SEAT Alhambra. For only $1,280* A MONTH. The SEAT Alhambra is the last word in cabin And its state-of-the-ait German automotive technology spaciousness and the definitive luxury multi-purpose values safety and performance above all else. For an vehicle. Its luxury
      135 words
Page thumbnail Page 19
  • COMPANIES & MARKETS
    • Article, Illustration
      MCL Land to spend $1.1b on six new projects over 3 years
      713 19  -  Company will continue acquiring land in bid to become a more prominent property player Reports by Jenny Lam [SINGAPORE] MCL Land is spending $1.1 billion, including land cost, on six new projects over the next three years in
      713 words
    • Article
      MMI debuts with a mere 2-cent premium
      248 19 [SINGAPORE] MMI Holdings was the most hotly-traded stock yesterday, as expected, but the price gain at the end of its debut was just two cents or about 4 per cent over its initial public offer price. The weak performance is due largely to
      248 words
    • Article
      The best is yet to come for Jakarta Int'l Hotels
      715 19  -  HOCK LOCK SIEW S N Vasuki PUND managers are taking a second look at Jakarta International Hotels Development (JIHD), the listed property and telecommunications company that is expected to shine this year after several years of lacklustre performance. Analysts have
      715 words
    • Article
      New projects set to smooth out MCL earnings
      401 19 Results set to pick up in '98 after slight fall this yean analysts (SINGAPORE] MCL Land's new projects will help even out its earnings over the next few years with the most significant impact being felt in 1999 and 2000. "We expect
      401 words
    • REGIONAL COMPANIES
      • Article
        How China firms can help HK
        463 20  -  HE listings by Chinese companies will boost territory's status as financial centre: Citic chief From Quak Hiang Whai in Hongkong THE listing of more Chinese companies in Hongkong will boost the territory's status as a financial centre but such companies must play by Hongkong
        463 words
      • Article
        Lock icon MRCB increases NSTP stake to 44.66%
        96 20 Reuter [KUALA LUMPUR] Malaysian Resources Corporation Berhad (MRCB) said yesterday it had bought an additional 1.995 million shares in publishing group New Straits Times Press (Malaysia) Berhad on the open market. The shares were acquired between April 1 and 11 this year at prices
        Reuter  -  96 words
      • Article
        All subscribers for Lion Teck Chiang IPO to get shares
        339 20 [SINGAPORE] All investors who had applied for Lion Teck Chiang's (LTC) initial public offering will get shares, though most will receive a fewer number than they had applied for. The offer was subscribed 2.9 times at the close of the
        339 words
      • Article
        Electronic Resources, Venture go mainboard next week
        190 20 (SINGAPORE) Two Sesdaqlisted electronics counters will make their debut on the main board next week. Electronic Resources starts trading on the main board on Monday while Venture Manufacturing starts two days after, on Wednesday. Companies which have been listed on Sesdaq for two
        190 words
      • Article, Illustration
        Lock icon Bimantara sets long-term plans to boost revenue
        459 20 Reuter (JAKARTA] Indonesian conglomerate PT Bimantara Citra, run by President Suharto's son Bambang Trihatmodjo, unveiled long-term strategies on Tuesday to strengthen revenues well into the next century. Bimantara presented the plan at an analysts' meeting, saying the company's infrastructure division will contribute major
        Reuter  -  459 words
      • Article
        Lock icon MAS holding talks with four airlines to set up alliances
        368 20 Focus will be on joint ops, not on taking stakes: MAS chief AFXAsia, Bernama Bernama [SYDNEY] Malaysia Airlines chairman Tajudin Ramli said the company is in talks with AMR Corp's American Airlines, Delta Air Lines Inc, KLM Royal Dutch Airlines
        AFX- Asia, Bernama; Bernama  -  368 words
      • Article
        Lock icon M'sia's SC merges with CTC
        311 20 Securities watchdog will now oversee commodity fixtures Bernama [KUALA LUMPUR] The Securities Commission (SC) has merged with the Commodities Trading Commission (CTC), resulting in the regulation of commodity futures coming under the purview of the SC. With yesterday's merger, the Kuala Lumpur Commodity Exchange (KLCE),
        Bernama  -  311 words
      • Article
        Lock icon Benpres' income up 25% to 2b pesos
        227 20 Bloomberg [MANILA] Benpres Holdings Corp said its 1996 audited net income rose 25 per cent, powered by earnings from its broadcasting, banking, and power subsidiaries. The Manila-based Benpres, the flagship holding company of the Lopez family, said its consolidated profit was 2.016 billion
        Bloomberg  -  227 words
      • COMPANY Briefs
        • Article
          Acceptances for APP's Nippecraft offer
          74 20 [SINGAPORE] APP Printing (Holding) Pte Ltd. which made a general offer for Nippecraft Ltd shares, has received acceptances for 558,000 shares or 0.28 per cent of the issued share capital of the company. However, the Sinar Mas of Indonesia unit said its stake in Nippecraft
          74 words
        • Article
          Nippecraft chief, 2 directors quit
          53 20 [SINGAPORE] Nippecraft Ltd chairman lan Wayne Spence and two directors have resigned following the completion of a takeover of the company by APP Printing (Holding) yesterday. The directors that quit are Douglas Fergusson and Timothy Chia. A new chairman and additional directors will be appointed,
          53 words
        • Article
          Parkway director sells shares
          59 20 [SINGAPORE] Parkway Holdings yesterday said that its director, Tan Chin Nam, had sold 449,000 Parkway shares for $2.72 million or $8.06 apiece, reducing his stake in the company to 16.68 per cent from 16.82 per cent previously. Meanwhile, a director of a Parkway subsidiary, Wong Su
          59 words
        • Article
          OUB foreign shareholding near limit
          27 20 [SINGAPORE] Foreign shareholding in Overseas Union Bank and Overseas Union Trust at aid-March was 38.97 per cent and 19.96 per cent respectively.
          27 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Ssangyong Motor may sell HQ, assets to pay debt
        400 21 tightening credit in the wake of major corporate failures Reuter [SEOUL] In what would be a symbolically devastating move, Ssangyong Motor Co Ltd said yesterday it may sell its headquarters and other assets to pay off heavy debts. "We need 400
        Reuter  -  400 words
      • Article
        Lock icon HK Telecom offers cut-price IDD
        393 21 Move to fight competition from call-back operators giving big discounts Reuter [HONGKONG] Hongkong Telecommunications Ltd said yesterday it was launching two cut-price international direct dial (IDD) services. "It's not a big change of strategy it's another component of the customer retention strategy," said Jeremy Godfrey,
        Reuter  -  393 words
      • Article, Illustration
        Lock icon Netscape casts a wider net
        54 21 [SAN FRANCISCO) Marc Andreessen, vice-president technology and co-founder of Netscape describing, during a press conference on Tuesday, the company's new "push "software which will bring Internet-based dynamic content right to the computer desktop. The software named "Netcaster" will be a new component of the Netscape
        REUTER  -  54 words
      • Article
        Lock icon China's Jiangling Motors profit rises 776% on lower costs
        291 21 Firm improves cost controls with help from Ford Motor Reuter (HONGKONG] Jiangling Motors Corp Ltd yesterday attributed its huge 1996 profit rise to success in capping production costs with help from shareholder Ford Motor Co. Jiangling said net profit for 1996
        Reuter  -  291 words
      • Article
        Lock icon US firm top stake-holder in listed Japanese brokerage
        238 21 Bloomberg (TOKYO] Capital Guardian Trust Co, a US fund manager, became the largest shareholder in Wako Securities Co, giving it the largest foreign stake in a listed Japanese brokerage. Wako is among more than a dozen midsize brokerages expected to have serious
        Bloomberg  -  238 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Compaq beats forecasts with 65% earnings jump
        517 22 Major tech firms show selective strength in midst of Intel share selloff NYT [DALLAS] Several major technology companies led by Compaq Computer Corp, reported earnings on Tuesday that met dr surpassed expectations, showing strength in some computer and semiconductor areas even as investors'
        NYT  -  517 words
      • Article
        Lock icon Ford surprises analysts as Q1 earnings double
        318 22 Bloomberg [DEARBORN, Michigan] Ford Motor Co's first-quarter earnings more than doubled to US$l.5 billion (552.2 billion), or US$l.2O a fully diluted share, on high-profit new vehicles and lower costs. Analysts had expected the company to earn about US$l billion, or 87 cents a
        Bloomberg  -  318 words
      • CORPORATE Results
        • Article
          Lock icon Philip Morris Q1 net up 13%
          73 22 Bloomberg [NEW YORK] Philip Morris said yesterday that its first-quarter earnings rose 13 per cent on improved sales of cigarettes and food. The maker of Marlboro cigarettes, Kraft foods and Miller beer said net income rose to US$l.77 billion (552.5 billion), or 73 US
          Bloomberg  -  73 words
        • Article
          Lock icon Strong demands lifts Honeywell earing
          70 22 Bloomberg [MINNEAPOLIS] Honeywell Inc said first-quarter earnings rose 16 per cent as strong demand for its home and commercial-aircraft controls widened profit margins. The maker of thermostats, security systems and automation equipment said net income increased to U5575.6 million (Sslo9 million), or 60 US cents
          Bloomberg  -  70 words
        • Article
          Lock icon Colgate-Palmolive beats forecast
          58 22 AFP [NEW YORK] Colgate-Palmolive reported yesterday that its first quarter earnings rose 18 per cent to US$l7O million (***** million) from US$l44 million in the same period last year. Net earnings per share were US$l.l2, after 95 US cents, two cents higher than analysts' consensus forecast. Sales
          AFP  -  58 words
        • Article
          Lock icon Merck results better than expected
          59 22 AFP [WHITEHOUSE STATION, New Jersey] Pharmaceutical giant Merck said that its first quarter earnings rose to US$l.O2 billion (551.47 billion), from U*****.8 million last year. Net earnings per share was 84 US cents, after 70 cents last year. Analysts were banking on 83 US cents.
          AFP  -  59 words
        • Article
          Lock icon Charles Schwab profit Jumps 42%
          61 22 Bloomberg [SAN FRANCISCO! Charles Schwab Corp's first-quarter earnings rose 42 per cent to its second-highest ever, as a strong stock market in the first two months boosted mutual fund service fees and commissions. Net income rose to USss66.7 million (Ss96 million), or 37 US cents
          Bloomberg  -  61 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Chase first-quarter earnings rise 9.1% to US$946m
        373 23 Strong contribution from home and business loans as well as global securities trading Bloom berg [NEW YORK] Chase Manhattan Corp said first-quarter earnings rose 9.1 per cent as profit from lending to home buyers and businesses offset a drop in investment banking. The
        Bloom berg; Source: Bloomberg  -  373 words
      • Article
        Lock icon Bank America's first qtr gain up 8.3%
        134 23 Bloomberg [SAN FRANCISCO] Bank merica Corp said first-quarter earnings rose 8.3 per cent on the strength of corporate banking and lending. The US' third-largest bank said first-quarter net income rose to US$7BO million (Ssl.l billion), or US$2.O5 a share, from US$72O million and
        Bloomberg  -  134 words
      • Article
        Lock icon Record profits at Merrill Lynch, PaineWebber
        531 23 Stock market rally and selloff sent Q1 earnings to best ever for both brokerages Reuter (NEW YORK) In a quarter that saw the stock market rally to record levels in early March before starting a major selloff, two century-old brokerages have reported record earnings.
        Reuter  -  531 words
      • Article, Illustration
        Lock icon Nomura will bounce back, clients will return, say analysts
        422 23 Bloomberg [TOKYOJ Many clients who've deserted Nomura Securities in the last month over a scandal will probably return. They won't have a choice. Nomura is Japan's largest brokerage and the world's largest measured by capital base. It has contacts, expertise and
        Bloomberg; FILE PHOTO  -  422 words
      • Article
        Lock icon Daiwa, Nikko ratings cut, Yamaichi under review
        430 24 SAP says action reflects prolonged poor performance of Japanese securities companies AFP [TOKYO] Standard and Poor's yesterday lowered its long and short-term credit ratings for two of Japan's Big Four stockbrokers, Daiwa Securities Co Ltd and Nikko Securities Co Ltd. "The rating action
        AFP  -  430 words
      • Article, Illustration
        Lock icon Protecting China's financial sector
        59 24 [BEIJING] A security guard maintaining his vigil outside a suburban branch of the Bank of China yesterday. The US and other developed nations want China to open its banking and insurance industries wider to foreigners before it can enter the World Trade Organization. WTO chief Renato
        REUTER  -  59 words
      • Article
        Lock icon US futures exchanges want govt to limit regulation
        461 24 House panel debating controversial bill to strip watchdog of mnch of its power Reuter [WASHINGTON] The biggest US futures exchanges pleaded on Tuesday for the government to stop "micro-manag-ing" futures contracts and giving overseas exchanges a competitive edge. "The top exchanges in
        Reuter  -  461 words
      • Article
        Lock icon Russian natural gas giant launches shake-up
        336 24 FT [MOSCOW] Russian natural gas giant Gazprom has launched a sweeping reorganisation which will see businesses that employ 100,000 people spun off this year and 3 triUion roubles (Ss7so million) saved. The restructuring follows a week of intense political pressure from Russia's new reformist
        FT  -  336 words
      • Article
        Lock icon Banks seen buying into investment banking
        360 24 NYT [NEW YORK] Banks and other financial companies have rushed to get into the investment banking business as increasing numbers of corporate customers have shunned conventional bank loans, preferring to raise investment money in the debt and equity capital markets. A critical question for
        NYT  -  360 words
      • Article
        Lock icon Oil products demand up 0.3%: API
        306 24 ENERGY REPORT Bloomberg [WASHINGTON) Mild winter weather reduced demand for heating oil, while strong economic growth spurred the use of diesel fuel during the first quarter, the American Petroleum Institute said. That result was a rise of just 0.3 per cent in demand for
        Bloomberg  -  306 words
      • Article
        Futures open higher on back of Dow's surge
        182 24  -  MSd TAIWAN FUTURES By Desmond Ho Desmond Ho, Service Dealer, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Index futures opened firmer yesterday following the surge in the Dow. Extension of early gains was seen at midday as bargainhunting was encouraged
        182 words
      • Article
        Lock icon Euroyen eases on comments about yen
        130 24 SOKSOLReport Reuter [SINGAPORE] Simex Euroyen eased in late trade yesterday, dampened by a Japan finance ministry official's comments on recent yen movements, dealers said. In a speech to currency dealers yesterday, Eisuke Sakakibara, director-general of the ministry's international finance bureau, said the yen's recent
        Reuter  -  130 words
      • Article
        Lock icon CURRENCY REPORT
        267 24 Reuter lilHHtwi THE US dollar stabilised against European currencies but was off against the yen at mid-day yesterday after remarks by a prestigious Japanese official calling the yen too low, traders said. At 1235 GMT, the dollar was trading at 1.7252 marks against 1.7345 on Tuesday evening, and
        Reuter  -  267 words
      • Article, Illustration
        Untitled
        1460 24 DrratBAME CROSS KATES Apr 16 14 C$ !■> ECU Pfr 9m m rw K B$Mll Hm s$ —g 07$ WM Pmm$ H Australia 1061 1178 0.6M 4.494 1.336 1000 27.722 UU4QJ74 4.921 1946 1124 JUJ7 20.403 LM 3.448 106 2UB8 20J97 0.474 1774 Canada 0.925 5.955 0.432 4.155 1234 5.544
        1,460 words
    • Article
      COMMODITY PRICES
      1651 25 MOOMfUTUMS Apr 16 RUMl Mmsttaifct ««t SJOpa) eg g, jg May 97 *175 140.25 *0.00 300 425 j»97 *0.50 160.50 *0.75 *0 WO J«I97 *2J0 *2.50 «J0 200 Aua97 *3.00 50 2045 $Zyf *3.75 50 1945 0«&*c97 *4-75 4500 RSS 3 C0*T1ACT (US cwta/ty Ojw Mutt mm law
      1,651 words
    • Article
      WORLD STOCK MARKETS
      2350 25 IOMON prt> h« *fr AB Ports 274 1.600 Abbay National 789.400 -1600 AMadDomacq 434.400 unch Aimc 137.400 unch Asda Croup 112.400 .200 BAT InO 540 2S.600 BCPte >87 *.600 BtCC 260.400 -1.600 BOC Group 909.400 8 BRPatroiaufl) 684 -9 BTR 255.400 1 Bank of Scotland 318 -1
      2,350 words
    • Article
      Lock icon TOKYO
      1653 25 Reuter H Nikkei 225 H7H STOCKS ended modestly higher yesterday as investors, encouraged by the yen's weakness, sought relatively low-priced shares that are sensitive to the economy. But some high-priced blue chips were capped by profit-taking, limiting overall gains. A rebound in the financial sector also provided relief to
      Reuter  -  1,653 words
    • Article, Illustration
      Lock icon HONGKONG
      1639 26 AFX-Asia PI Hang Seng +239.29 SHARE prices closed off their highs yesterday as profit taking emerged after the benchmark index tested resistance at the 12,600 level in afternoon trade. Dealers said institutions were unwilling to push blue chip valuations higher, despite the release of benign US consumer price data
      AFX-Asia  -  1,639 words
    • Article, Illustration
      Lock icon CHINA
      670 26 Reuter n Shenzhen B Index +L 26 SHENZHEN'S B Share Index closed slightly higher yesterday as investors began to return to the market to buy towards the end of the reporting season for 1996. The index rose 1.26 points to 160.78 on turnover of HKSB9.4 million, compared with Tuesday's
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  670 words
    • Article
      Lock icon TAIPEI
      400 26 AFP □wp Index -L 33 SHARE prices finished marginally lower yesterday in response to a reported government move to curb speculation in the market. "The market opened high, but the finance ministry's measure to monitor flows of banking loans limited buying interest," said a trader. The TSE Weighted Price
      AFP  -  400 words
    • Article
      Lock icon WELLINGTON
      259 26 Reuter n Wellington ♦1034 SHARES closed firmer yesterday as lower wholesale interest rates freed up cash for investment in equities, brokers said. The NZSE-40 Capital closed 10.34 points firmer at 2,253.55. Reuter «*rW (tM) AN2 BOTkinq 8 80 0.05 ***** Advant*g*s HMtqi 1.30 unch 7900 Air New ZMland (A)
      Reuter  -  259 words
    • Article, Illustration
      Lock icon BANGKOK
      838 26 AFP F1 SET Index +127 SHARE prices closed higher yesterday in light, speculative trading ahead of first quarter results due next week, as a few foreigners returned to do some bargain-hunting. Foreign buying was concentrated in blue chips, while overall trade was cautious and directionless, an analyst said. The
      AFP  -  838 words
    • Article
      Lock icon SEOUL
      428 26 AFP Fl Composite Index +LO3 SHARE prices closed higher yesterday, aided by late institutional buying on indexlinked stocks. The Composite Index inched up 1.03 points to 702.42. Turnover was to 39.1 million shares worth 616 billion won. Rises beat falls 452 to 346. Semiconductor shares took a dive, buffeted
      AFP  -  428 words
    • Article
      Lock icon SYDNEY
      600 26 AFP All Ordinaries *217 SHARE prices surged yesterday, hoisted higher by gains in industrials and resource stocks and positive sentiment from the US markets. The All Ordinaries Index, rose 24.7 points to 2,406.4. Turnover was 311.6 million shares worth A$869.9 million. Market heavyweight BHP jumped 22 cents to A$16.82,
      AFP  -  600 words
    • Article, Illustration
      Lock icon JAKARTA
      762 26 AFP V% Composite Index *155 SHARE prices closed higher yesterday after a wave of lastminute buying lifted the index on a flat day, with investors remaining cautious ahead of the general election here. "There is nothing that can change foreign investors' minds rights now, not at least until after
      AFP  -  762 words
    • Article
      Lock icon MANILA
      362 26 AFP PI Manila +ILSI SHARE prices rose yesterday due to the upturn on Wall Street, analysts said. The PSE Composite Index rose 11.51 points to 2,960.97. Turnover was 3.3 billion shares worth 1.8 billion pesos. San Miguel Corp saw its A shares rise 50 centavos to 54.50 pesos, while
      AFP  -  362 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares edge up on bargain hunting
        435 27 AFX-Asia P Composite Index +Lll SHARE prices closed slightly higher on bargain hunting yesterday after volatile business saw the market trade in a 30-point range. Dealers said quick profit-taking before the morning close clipped early gains on the back of rumours of a deepening
        AFX-Asia  -  435 words
      • Article
        Untitled
        7981 27 ■WHT1IIU Cmsmmt prefects •997 Last Vol Day Nat Cap MH» Law Cinm tale OOP Hip Leer Pf€ $mH 790 600 Ajinomoto 615 -20 16 635 600 46.9 249.3 44a 300 Angkasa 302 -6 500 314 300 9.0 445.3 905 670 Apollo Food Hlg 710 20 60 710 670 284.0 428
        7,981 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3496 28 HMDS, LOANS ft VMSAKTS 1997 Last Vol Day Last Ouata Avg High Lm St no Company lad ♦ar- COOO) High Law fctyir SaMar Wei 68 45 m 3000 m AM08 c5.5%*****6 Z 46.5 46.5 50 62 415 3160 *Acar ******1USS 44 -1 43 45 44 43.5 44 131 77 3164
        3,496 words
      • Article
        Keppel Land warrant a good buy if not for soft property play
        189 28  -  WARRANT WATCH -By 1 R Sivanithy ONE of the day's most active counters yesterday was the warrant issued by Keppel Land, the property development arm of the Keppel Group. The warrant actually rose yesterday even though the underlying
        189 words
    • Article
      CLOB INTERNATIONAL
      2228 28 PHNMllWinil I¥VIW Or Gr 1MT Lad Val On Last Ouata Mv Mv VM Nat M Cap W» la» Mm Campawy Safr COOOl m» I— Bpyr Cw W S— 478 330 msSOOO AIS850C 342 until 84 350 330 340 344 5.0 4.9 0.4 69/4 350.8 137 93 ms 5001
      2,228 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1359 29 TWMOVU COOO) VAIJfCOOO) Cm m* Mm cm rt* l*du*trt* Msg KM 87.134 KMIt JMU M/m Si m ss 3B M Ss m ssr *w 18! HS! SS .88 mi!t ASS .sss jstst MIWO Tjm M»7 ham cum total as tin a 3 t Fkunc* 14 7 7 2 0 21
        1,359 words
      • Article
        MAIN BOARD
        5076 29 Transaction Date J\pr 16 Of Or M Wt 1997 Last Va4 Day Laat Qurtt Ok Oh VN IW Cm A vg High Law »«W Cinipaiiy Salp COOOl Hipp Law Bwyor »attpr Cw P/I $■>■ Prtca —IlllHill 5146 ASENTS10 200 US- MS 885 1275 ASF US$0 ***** US88S 885
        5,076 words
      • Article
        SESDAQ
        1078 29 Or Sr M wt 1997 LMI Val Day LMtOwt* Mt Mi TM IM Cap Av« f» tm» CI ml my Ml roooi HH» L— 8wrar CV M Prtca *J 2000 ASRHMasSc 120 cd -1 5 121 120 120 122 3.0 6.0 0.1 171.4 53.4 123 202 144 2049 AS
        1,078 words
      • Article
        Untitled
        214 30 Stocks VoteMM MM HWqs 10c 22,142,000 •WiStinont Land 11,449.000 •Kl Wastries 9,025,000 Latroy M 20c 5,487,000 Casa HkJgs 10c 5,137,000 •MPfUndBM 4,461,000 *8erjaya Ind 3,952,000 Keppei Lend WOO 3,693,000 MOt 3,395,000 HoteiProp 3,200,000 man I •Westmorland 24,968.240 •Kl Industries 16,810,740 MMHMqslOc 12,034,180 UOt Foreign H.680.577 City Dev 50c 11.001,240 LaAroy
        214 words
      • Article, Illustration
        Dow's overnight climb helps lift local indices
        669 30  -  STOCK MARKET COMMENTARY In EL, forced selling seems to have abated and brokers see this as a sign that the worst is probably over By R Sivanithy [SINGAPORE] A huge overnight rally on Wall Street came to the rescue of local equities yesterday,
        669 words
      • Article, Illustration
        HOT STOCK
        61 30  -  -bfl Shiv Taneja HOTEL PROPERTIES closed one cent higher at $2.20 on a volume of 3.2 million yesterday. Daily RSI and stochastics are oversold, though investors with a longer term view should expect more downside from this counter. The weekly MACD chart is calling for a sell, but
        61 words
      • ON THE GRAPEVINE
        • Article
          Flying food
          93 30 YOU can dine airborne at Doc Cheng's come May. United Airlines is offering food creations from the famous restaurant in Raffles Hotel, swanky cutlery and all, to its first and connoisseur-class passengers. Dubbed a "new Asian" cuisine, a three-course Doc Cheng's meal will be served on the seven-hour
          93 words
        • Article
          Heavens' Gates
          60 30 IN THE course of a recent presentation to computer analysts and reporters, the regional chief of a British high-tech company made a less-than-flattering comment about Microsoft czar Bill Gates. At that moment there was a clap of thunder outside. Without missing a beat, the manager looked towards the
          60 words
        • Article
          Getting a profile
          88 30 FUND RESEARCH, a specialist UK fUnd management research outfit, has just launched a service which profiles major international fund management companies. It plans on publishing 50 profiles in the course of the next 12 months, and has kicked off the service with reports on Barings. Capital International.
          88 words
        • Article
          A rally unique client
          56 30 A BT journalist received an invitation from Regalian, which flogs London properties, to look at yet another "unique investment opportunity". Enclosed with the invite was a £6,000 (Ssl 1,500) or £10.000 discount for being a "valued client". The Journalist has never bought anything from or through
          56 words
        • Article
          Too busy
          50 30 AFTER suggesting that the media gives his industry little or no coverage, the chairman of the venture capital association in Singapore declined to contribute a piece to BT*s forthcoming Banking, Insurance and Finance supplement, saying he "was too busy". Hardly surprising then that his industry gets no coverage.
          50 words
        • Article
          Principles and free expression
          159 30 A PICTURE hanging in the main bar of the Foreign Correspondents Club (FCC) in Hongkong was recently "a hotter topic than Tung Cheewah", reports Asia Inc. According to the magazine, the picture—a cover Of Style featuring two topless women —aroused the ire of the Women in
          159 words
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      78 19 pease ntact either Joyce Tan, Eileen Tan or Amy Wee at Tel: (65) 225 1233 and Fax: (65) 225 8013 Highly Competitive Interest Rate i -4 H HF- MMI.'W -,-1 I 'B y■■apaJfcfet-'Sfr. fe :-<"*l I<> 'ii)£n&St 9MB HI :z%flKt% l'"-* ■^B^^B^SHr^■. JffßB m lIH w I J. jVinwl <>.
      78 words
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      113 20 o ■C V t o( \cVi non-slop a!r Your Choice: 47 inches seat pitch* 48-degree recline* We've improved on our comfortable feats in Business Class so that they are even more comfortable than before. But whatever class you travel in, with Swissair, the experience is refreshing, Swissair believes in treating
      113 words
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      6 20 A Chinese bureaucratic battle, Pg 8
      6 words
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      Page 21 Advertisements Column 1
      51 21 ROME M ILAN PARIS L WlUt. LONDON NEW YORK i BEVERLY HILLS M \Jtt TOKYO 8E 1 J I N(i SEOUL TAIPEI KONG MANILA BANGKOK KUALA LUMPUR JAKARTA E regna Si ngapore Ngee Ann #01-07 8147 Isetan Scotts 735 0539 Raffles 334 0752 Liang 339 5871 ■i 11 < UMjb
      51 words
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      Page 22 Advertisements Column 1
      49 22 Measuring Equipment at the push from an to a *<&&»*xA-vtyifa*-'.Ufa' ..r-v vt >x »,y. .•■:<•.* ■v; >:, Isetan Reebok Concept Stores Watch Terminal Chelsea Watch Scotts Forum Shopping Mall MHlenJa Walk Woodlands Orchard Shopping Centre Stadium at Ngee Ann City Wisma Atria Suntec City Mall Tanglln Mall ROYAL SPOKHNO HOUSt
      49 words
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      Page 22 Advertisements Column 2
      542 22 ©DBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD {Incorporated in (he Republic of Singapore) NOTICE or ANNUAL GENERA! MEETING Vox All Shareholders NOTICE IS HEREBY GIVEN that the Twenty-Ninth Annual General Meeting of the Shareholders of the Company will be held in Meeting Room 3, 18th Storey, DBS Building Tower
      542 words
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      71 23 O 9 9 The Net is here to serve you. Not control you. We'll make Vj- sure of that. By blasting you into the future of networking. By turning your existing networks into intranets painlessly. By reducing costs everywhere and revolutionising how your business is transacted. We will help you
      71 words
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      129 27 Ta/w/ Transport Authority Infoline— COE Bidding Results Car Registration Number Availability. -Available or 10th or 11th of every month. All you Available between Saturday and Wednesday each All you need is IT 2?? f enter your Car Registration number; I number and the Vehicle Category number bid for. Car Registration
      129 words
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      148 28 ar# You love your while and blue shirts w but they all look alike. Why not tailor your shirts in your favourite colours with different collar, cuff and pocket designs and make a difference. WB JBfe CYC now offers you a cotton rich Oxford Weave fabric in white and blue
      148 words
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      Page 29 Advertisements Column 1
      58 29 C\ Loquet Jy Hermes. H our i Time makes the difference. JH V Sol* Agant: I A wholly owned sub«iary of OCKSON CONCEPTS (INTERNATONAL) LIMITED 391 A Orchard Road Ngee Ann City #17-06 Singapore *****3 Available .t: DICKSON WATCH JEWELLERY: Th. Promen.de. Centrepoint. Suntec City. HERMES BOUTIQUE: U«t Tower. D.imeru.
      58 words
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      Page 29 Advertisements Column 2
      10 29 Young Parents When you want the best for your children
      10 words
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      533 30 BUSINESS Notices I VICKERS BALLAS HOLDINGS LIMITED I (Incorporated in the Republic of Singapore) I NOTICE OF EXTRAORDINARY GENERAL MEETING I NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the I Company will be held at Vista Room 1, 3rd Level, Hilton International I i Singapore, 581 Orchard
      533 words
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      Page 30 Advertisements Column 2
      324 30 NOTICE IS HEREBY GIVEN that, I Ong Soon Huat of Blk 640 #04-5009 Ang Mo Kio Ave 6 Singapore *****0, have applied for a First Class Beer House licence in respect of M/s Pagkaing Pilipino Sa Bugis located at 3 New Bugis Street #01-06 Singapore *****6 and that this application
      324 words
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      Page 30 Advertisements Column 3
      334 30 THE STRAITS TIMES CLASSIFIED YOUR GUIDE TO MORE PRODUCTS SERVICES [Jgj NOTICE IS HEREBY GIVEN that. I Yim Choy Kuen of Apt Blk 284 Tampines St 22 #02-151 Singapore *****4, have applied for a Public House Ist Class licence in respect of M/s. Frederico's Paddles Too located at #01-06 #01-06
      334 words
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      Page 30 Advertisements Column 4
      523 30 To advertise call toll-free 1800-*****83 NOTICE IS HEREBY GIVEN that. I TAN AW TECK of Blk 857 Jurong West St 81 #05-550 Singapore *****7, have applied for a Wholesale Beer Shop in respect of M/s Dynamatic (S) Pte Ltd located at 90 Mandai Estate Singapore *****4. and that this application
      523 words
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      Page 30 Advertisements Column 5
      503 30 M THE MATTER OF THE COMPAMES ACT, CAP. SO AMD M THE MATTER OF MALLESONS STEPHEN LTD NOTICE OF RESOLUTIONS Al an Extraordinary Qanarai Moating of tha mambars of fha abovanamad Company duty convanad and held at Laval 2BRtofc>. S2S Collins Sfraat. Malbouma, Vic 3000. AmMi on Via 9Vi day
      503 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      277 31 Reuter RATES continued to slide for Panamax tonnage both in the Atlantic and Pacific regions, brokers sakL The market opened slightly weaker and then gained downward momentum, Clarkaon WoUf said in its daily market report Apr and May positions closed respectively 40 and 50 points lower with volume
      Reuter  -  277 words
    • Article
      MARITIME STOCK
      136 31 OMMNHW fcN OUM C7 lm «Xda«t OlM OM 10 -at SSSlees £5 5 NMI1M* U4 -003 M? S407 PI tM Midi DM OWMTHHMM -US2J0 oot 21 *cMcC«ntor*__U» OM U flMUdMCwy 0.74C Midi ST U 171 -OOI 21 srscrwdM—ut -ooa u jl 1M -0u04 S Mtof U -0J m
      136 words
    • Article
      Call to open cross-Strait shipping to foreign vessels
      431 31  -  Intl lines urge Taipei to persuade Bering to lift ban on lucrative route From. Bruce Cheesman in Taipei TOP international shipping lines, sidelined from the expected start this month of the first cross-Strait shipping services in 48 years, are pressing the Taiwan
      431 words
    • Article
      Lock icon More accidents likely in HK waters, warns marine director
      242 31 AFP [HONGKONG] Hongkong is likely to see more marine accidents in the years to come, the director of the territory's Marine Department said yesterday. The warning follows a series of collisions in less than a week in the territory's busy harbour,
      AFP  -  242 words
    • Article
      Lock icon Shipbuilding will remain in excess of demand: report
      225 31 Reuter [LONDON] World shipbuilding will continue to provide tonnage surplus to requirements between 1996 and 2000, according to a report by a Japanese industry association. The Association for Structural Improvement of the Shipbuilding Industry (ASIS) said: "The yearly average of shipbuilding tonnage
      Reuter  -  225 words
    • Article, Illustration
      Hands-on approach and a passion for naval architecture
      664 31  -  SHIPSHAPE By Marcus Hand WILLIAM Everard was born into the shipping industry and has been surrounded by shipping since early childhood. The UK-based family business, F T Everard Sons Ltd, was founded by his great grandfather, Frederick Thomas Everard, in 1880 and
      664 words
    • Article
      Lock icon APL considers changes to Pacific deployment
      276 31 Dedsien unlikely to be influenced by merger with NOL Journal of Commerce [SAN FRANCISCO] With its acquisition by Neptune Orient Lines at least five months away, APL Ltd, in coordination with its current alliance partners, is considering more immediate changes to its sprawling Pacific
      Journal of Commerce  -  276 words
    • Article, Illustration
      SMOE completes offshore living quarters module in record time
      230 31 [SINGAPORE] Sembawang Marine and Offshore Engineering (SMOE) set a new record when it finished constructing an offshore 70-man living-quarters module in four-and-a-half months. The company, an arm of SembCorp Engineering it Constructing Group, halved the time of 8-10 months usually taken
      230 words
    • Article
      Organised racket pilfering imports at Mombasa
      163 31 [NAIROBI] Importers using the port of Mombasa are losing goods in an organised import cargo pilferage racket, according to an East African Standard report. The daily newspaper, which staged a six-hour stakeout at the port last week, said that import cargo smugglers can steal
      163 words
    • Article
      Japanese petrochem exporters bypass major ports to cut costs
      249 31 [TOKYO] Petrochemical makers are increasingly exporting their goods from nearby ports, bypassing the major ports of Kobe and Yokohama. That will save costs to transport goods by trucks to large ports, store them at warehouses and cut port usage fees that
      249 words
    • Article
      Bimco office in S'pore
      90 31 [SINGAPORE] The Baltic and International Maritime Council (Bimco) will be setting up a representative office here in Singapore. The Denmark-headquar-tered international shipping association, whose shipowner members control about 60 per cent of the world merchant fleet, has been given the nod by the Trade Development Board
      90 words
    • Article, Illustration
      Lock icon Some clients fear less choice
      888 32  -  NOL-APL MERGER: WHAT SHIPPERS SAY Some say more transnational mergers will follow as carriers streamline operations and that this will reduce competition, but others see the NOL-APL merger as a positive move leading to a stronger company and better service By) Peter Tirschwell Journal of
      Journal of Commerce; FILE PHOTOS  -  888 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      223 32 PAOC D2 2 AO. tl Ejjtmrt 5 AMI 3 EASIntl AM* 4 Ea Accord 12 EES ,2 AhrMttt 4 1 Astro 3 'WW" Austral II f**oui 7 J FL-irlflM 6 M fooogSur 12 UaMMc 7 EWorld 7 CUnk 4 Comartrans 13 •COII 7
      223 words
    • Article
      SHIPPING GUIDE
      16180 38 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA CTA Advertiser Vnw Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 20/04 10/05 Hyundai MM HV. ADMIRAL 30*N *5 33*4*44 A 21/04 M/09 Hanfrtfl H. TOKYO 021W *512*0224 T- A Din lAkl
      16,180 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        603 45 VmH Voy Mo Nftfc ArrWrt Ptpftiifi JM|M Mri MM*s 701* JOi tfonfsM* 17.04/0200 MM MM N34S J09 MngM* 17.04/2100 H MttMm *****7 J01 H0*lMt 17,04/0530 Owri S*r*y« 02 JOi MnqUM 17.04/2300 GoM Lack 1 2/97 J15 Honguk *04/1100 Hm 1 00*97 J02 ilwmMi 17.04/0700 UM HMTt B J04
        603 words
      • Article
        CONTAINER SCHEDULES
        1740 45 RECEIVING Of EXPORT Fa CONTAINERS AMD LCI CARGO Booklno/Boionco litis Ship Vay Wo Etb/itr Hrto4 Frow To Fro* I SB !JS MS 17/0700 17/1754 "■KOC 4 ff/BM ff/M* IT/WO taMMt Or* W2W* U WBOO *35 522 M/BM Wt454 *4,14* u wff* 17/otn fffioo 2t */ffOO H/0454 "-'WOO i
        1,740 words
      • Article
        GLOBAL HOLIDAY
        230 45 Apr 17 Bahrain, Egypt. Kuwait, Oman, Qatar, SaudiArabla, Turkey, United Arab Emirates: (TENTATIVE) Eidal-Adha (dependent on sighting of the moon). Bangladesh: Eid-al-Azha. Jordan, Lebanon (TENTATIVE) Feast of A 1 Adha(dependent on sighting of the moon). AgrlS Bangladesh: Eid-al-Azha. Eeypt (TENTATIVE) Eld al-Adha (dependent on sighting of the moon).
        230 words
      • Article
        COCKETT BUNKER MARKET REPORT
        939 45 THIS report compiled by Cockett Marin* OU Ltd. shows price range* la US dollar* lnetead of tingleprtoM tor a more comprehensive deecrtptlon of th* market Prleaa shown an band on average-tiaad •tarn Market movements ar* lad lea tad Th* Coekatt Buakar Prtoa Indaa chang* and th*
        939 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        427 45 cmom MO Mm m i u MJ o.n T1 o.dl Ar to OwMitT M« OmMm Art UnMm MM N* MOW E2S 1 1 4 0 C *0 MM 0.5 12.7 047 12 0.00 J2! mm m u 1,3 0-0T «W1 %W %H# m mm« Mom 615
        427 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        S'pore's air express sector forecast to grow 70%
        479 46  -  Industry will hit $500minvalueby the year 2000, says DHL Singapore Reports by] Marcus Hand [SINGAPORE] The air express industry in Singapore will grow 70 per cent by the year 2000, to a value of $500 million, DHL International (Singapore) forecast yesterday. And
        479 words
      • Article
        Industry needs space and staff to grow
        307 46 Otherwise other countries will benefit at STpore's expense [SINGAPORE] If the air express industry here does not get the space it requires to grow or the extra staff it needs to cope with that growth, it would mean Singapore's loss and other countries's
        307 words
      • Article, Illustration
        Lock icon Four-nation effort
        49 46 [HANNOVER] A glittering show-piece at the annual Hannover International Trade Fair here is the new European hunter aircraft "Eurofighter2ooo" which has been developed by aviation scientists and experts from our nations —Germany, Italy, Britain and Spain. The 14.5-metre long Jet has a wingspan of 10.5 metres. REUTER
        REUTER  -  49 words
      • Article
        Lock icon Warning of HK airport congestion and higher costs
        274 46 Reuter [HONGKONG] Cathay Pacific Airways Ltd warned of congestion at Hongkong's existing airport and potentially high costs at the territory's new airport, with the airline industry in general facing tight margins. "From now until 2000, the industry as a whole will be
        Reuter  -  274 words
      • Article
        Lock icon Mitsubishi claims world first with new petrol direct-injection engine
        149 46 AFP [TOKYO] Mitsubishi Motors Corp yesterday said it had developed the world's first sixcylinder 3.5 litre gasoline di-rect-injection engine, unveiling plans to introduce it in five models later this year. The new engine improves fuel consumption by 30 per cent, boosts
        AFP  -  149 words
      • Article
        Lock icon GE and Snecma win US$1.1b engine order
        150 46 Reuter [WASHINGTON] General Electric Co and the French firm Snecma are being awarded a US$l.l billion (SII.S billion) US defence contract for 267 engines for KC-135 tanker planes and RC-135 reconnaissance planes, the Air Force said on Tuesday. The firms have been Jointly
        Reuter  -  150 words
      • Article
        Lock icon Aeroflot to buy 10 Boeing aircraft for US$400m
        204 46 Bloomberg (MOSCOW] RAO Aeroflot Russian International Airlines said it will buy 10 737-400 medium-range airliners from Boeing Co for US$4OO million (***** million). The airline, also known as Aria, is the dominant international carrier to emerge from the collapse of the Soviet
        Bloomberg  -  204 words
      • Article
        Lock icon BAe reassures France on concerns over Airbus revamp
        278 46 FT [LONDON] British Aerospace reassured France on Tuesday that it would not lose its factories and research establishments as part of the shake-up of Airbus Industrie. BAe stuck to its firm line that Airbus should take over its shareholders' factories and research
        FT  -  278 words
      • Article
        Lock icon EC likely to oppose merger of Boeing, McDonnell
        307 46 Boeing's sole supplier deals with airlines unacceptable: official Bloomberg [CAMBRIDGE, Massachusetts] The European Commission has doubts it can approve Boeing Co's planned acquisition of McDonnell Douglas Corp in the wake of the US aircraft manufacturer's move to set up exclusive supply agreements
        Bloomberg  -  307 words
      • LOG Book
        • Article
          Lock icon OAA changes
          10 46 AFX-Asia [MANILA] The 18-memberM«ociaticmr«prBeentlng Aala-PadflolrUDMnldltbHchanaMlltjnrawtotlM Orient AliitnM Auoclitlon.—AFX-Aita
          AFX-Asia  -  10 words
        • Article
          Lock icon Japan
          5 46 AFP (TOKYO! y Shimburu—AFP
          AFP  -  5 words
        • Article
          Lock icon Japan starts
          25 46 AFP {TOKYO) TV Jtpantst uplt of Cfaryikr Cots ytfrtay ~f! simooncadt nsw stralagy to SL sates of Its N«onMdanterd3r t«owMk> after tfea gajan^aaaasp^
          AFP  -  25 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1302 46 CITY FU6HT HA FU6HT ETP iMHH CY794 2030 w—I VWW OW VW740 1410 $0230 WO 0F82 2055 Ntf Yd ***** 2105 ***** 0020 OW WO iW5 280 HWt MB KL843 0455 KL838 2300 NtCMMMl ¥***** 1310 SOI72 0930 DL2S 0*55 K24 2355 S0171 M20 S0T74 1410
        1,302 words
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      588 32 vot om sa u sm H vnsa vov ea mm mm iai coi sm HONSBNMQWSS MWSII M/M M/M M/M Jl/M 17/ M H MIIIIMMIN 18 M/M M/M M/M M/M **WAI Jl/W M/M M/M 17/ M M/M H DMMMMMT IS lt/M IS/M M/M M/M M/M M/M MPTBB AifXANMfTt MWSI4 M/M M/M
      588 words
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      Page 32 Advertisements Column 2
      54 32 MHUM tHIWNO WTW. LTD. t«Smoo fIMI tac 59M004 Tatw: MS MM MNUM WBQY IttUUI SBVKI TO MST/WBT Mftt Cumin mi (m iOlid Ory) ma. vot mm m mom mum pjun nUMMU wv l*/4 IV4 mm u/n 11/4 w< SM TOU W IV4 TV* IV4 «m u/ft w* mm vn n/4
      54 words
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      Page 32 Advertisements Column 3
      394 32 Unw ewvlow repieeeniK by Mwnbara of ttw RagMiy of Aocradtod Shipping Aeanto. 3*por« National Shipping Amo of WW Bmg>por» Fratght Fonwrtw' AMOctatton. &OTPmG|^ffiSONL^E Just talk to us... IrisLim 740-2044 TanLipChuan 740-1645 Jarrod Leong 740-2069 Philip Koh 740-2382 W 5 5 jj a lr M I 5 meiwb m Hp*sm hnrhrs
      394 words
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      Page 33 Advertisements Column 1
      239 33 MQIt MitsciOSK Lines .Ltd LJ^Z—^f:>,«l!T^n T y,-Mi>/,nif--7.'.«ry.:«r-/.:« T -7- ir T l a |-T l By7l Mr7| BrvM inla JEHL'lJLajti r JnyjHE** 1 I7L mm:\ ■iivl'V CQ^HKo^K^paizapaEEaiiEaEsaEsaEEaEOEsai 1 1 LiJLAJLA_IL'JL'JILAJL'JII VfcAJILAJL'IJi Mrv EJLJ—rTIP, If JlZlllJßßriririririri L^LiSßPE!Jii^iL r iJi2AjdKv. i l i 1 JlCMnifTli Ait a;il!ni l j, ■ElEOCacaE —I ■E7JIHJEE3FJ
      239 words
    • Advertisement
      Page 33 Advertisements Column 2
      708 33 HANJIN SHIPPING |uwwMt/yor r j^j —n!"isu |fw i "top™ 01 *t I jvjh ;fjriffrj^jr-H~ llf™ lif* l"* 8 lir* I nnwm M/M I is/M I Jf% ~u%r~*Er M/I> "S£~ ~s£~ ~SS~ "SS~ ttS--55-I 11 I l < v* l*y» I k—u m„» BMI;. 1..; klalafe Islals Is Is Eg WVB/WT
      708 words
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      Page 33 Advertisements Column 3
      82 33 [OCT] ORIENT EXPRESS LINES {U.K.) LIMITED m*J, (MANAGER FOR SHREYAS SHIPPING UMIIH)) W mun« www rasa wr wm iwmi L£BKXT 916 21/04 28/04 LEERORT 915 14/04 21/04 SINAKTOaA 210 27/04 05/05 SNARTOaA 209 19/04 27/04 02/05 10/05 5555F 409 25/04 02/05 LgKOKT 917 "AM ~8/05 LEERORT 916 ~~***** U/Q6 fOAWB
      82 words
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      Page 34 Advertisements Column 1
      552 34 <KT DSRSBUTM Summmwwr mm ?m mm nil um um hm mm IoSmwiMCCM \mm 'St" Itm mm m IWWTeEYO M?lt fI.H 11M UK tMI It.H hmHHMTWniiw|■)« KR u tI.Ma.M- Ibm ommmu mm mm mm mm itm mm mm mm awrwwun |mtm mm mm mm mm Imm iiirmimmm mm mm mm uu
      552 words
    • Advertisement
      Page 34 Advertisements Column 2
      717 34 1 NORASIA VMBM. VOY IBM HQ. I (MM LAB ML VALALA NOT MX ANT (^u^| mu hSmSS SS aMI tli t» M Hi w ia w 2""!" 22} !55i 11M IMB iw nn m hm i» MCJASMM ***** M 4 3M4 IMI IMB 17M 2MB 2MB 2MB 2MB 21M 2MB
      717 words
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      Page 34 Advertisements Column 3
      263 34 |TT-/VO/?TRANS CONVENTIONAL SERVIG TO THAIAND AND MAUYSIA BREAKBUUC, RO/RO AND HEAVYUFT ANT WBGHT THAI HAG STATUS PRIORITY BERTHS t+bpm V4M MB MB WWW vjm im/N n-n/N v-nm wnfm fctahpn«V*A 2J-JS/04 29-M/04 11-M/tS fctahpmV47A !7-ff/»J 10-10/05 IJ-14/W 14-17/05 MOttNGS t ENQURKS: n mum mum uamm warns tssun mm mam mntam trnuu
      263 words
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      Page 35 Advertisements Column 1
      1064 35 IWQMB. VOY WW POU PRO PRN 9UW I 9M MAN TVYPOUN (ML-1223 20/03/97 20/03/97 31/03/97 MAN OHBYAMAT PJL-1229 19/04/97 12/04/97 20/04/97 MAN TAKHTI PJL-1230 20/04/97 23/04/07 03/00/97 MAN TANWTI PJI-1224 13/03/07 07/03/07 20/03/07 23/03/97 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN.
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      Page 35 Advertisements Column 2
      1053 35 ftff H I SINGAPORE'S GENERAL AGENTS: 6 SHWTON WAY TIL 226 1900 FAX: *****0* OUTWARD OA) *****02 JOHOKOffKl^^^^^^^^^l COSTAR SNIPfINS PTI LTD hz-mmshdg saiis/bkgs 4205*41/43 inward dipt (o/oj *****1s COSTAR AGENCIES (M) SDN BHD aiKhiiyiywtttMi rows two paw*) conventional 4»sisd/ss t/snhwdept msm te: 0247-15 mt* fail ommsmitd I wm [w
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      Page 35 Advertisements Column 3
      414 35 'AJLIPERKAPALAN DAI ZHUN If TONG JOO BHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KwamimsT moan A imm mkhuty vatnA! bo cm mm+MMCAm 2 «oo f/#f 22/04 I awi *****1 23/94 I cmht mvs/m m kfW ***** 14/04 H GITONG 9792
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      Page 36 Advertisements Column 1
      495 36 0 EVERGREEN RTW SHIPPING IS) PTE LTD M Slfl flqfnls GREEN PENINSULA AGENCIES SDN DHD L a AY/ AVANT SHIPPING LINES V fault AflCCitUl&t v^*tL »S JSI By* «N ya«L VOY WW POO pkg m w KOTAMCWAH MWHOM 17/94 tMM MN COM3 MM 17/ M IMM NonaußM Mm imm imm
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      Page 36 Advertisements Column 2
      288 36 h|l-UIUIGLORY LINE 1 v Full Contdinci Scrvice ARABIAN PERSIAN GUlf SERVICE TAIWAN SERVICE HONG KONG SfRVICf JAPAN SfRVICf MANILA SfRVICf MALAYSIA SfRVICf LAfMCHABANG SfRVICf RTW SHIPPING (SI PTE LTD M SIA Aqrnls GREEN PE NINSUI A AGENCIES SDN RHD L_ 1 n M a*. J4l dII I J 5 ;j
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      Page 36 Advertisements Column 3
      332 36 NANTAI LINE FUUYCOffTAMBUSB SBtVKEfO MAUMTIUS/SOUTH AFRICA WHa I Wf I a Hi w I (FT wmwm im MI nm u/u m n<s OAS 11/ IS ~ims~~ Tl/K MMHIfKBS IKS iv»s T mTHM ■MBMQWI PIS B/K HM munm tig nm ~wjTlm ■MHMWS WS 12/ M 21/tt Eflt n/U t»g Jl/U 03/07
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      Page 37 Advertisements Column 1
      751 37 I BSA a mm MYANMA UHMfk FIVE STAR UNE (MyiMMr National Um) w loofaf he Yangoa (R0.g00.) VBSa VOY SM N6 m KU MMN 242W SIX HPA-AX 233W SIO MAIAYSM ACfMTS: OOUSTIAD SNIPPING AGtNOf S *UL m 02-03-*****00 PtL HI 02-03-*****01 rflfc TH 02-04-2****** P00: TH 02-07-2512J21/4 BANK LINE (A
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      Page 37 Advertisements Column 2
      1242 37 ▲HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKGL *****32 I i I i I w 1 vim m I i in I m I m TiS5 TSi m 10/ M 10/ M 12/ M KIPOOAI 304W 13/ M M/M 01/05 03/05 M/M M/ 05 04/05 U/04 10/ M 19/
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      Page 37 Advertisements Column 3
      21 37 Wl/E^D* MmmmuD to Vao&nfZimtcA Accepting cargo tor parti to MtDco. Oftomßh. S ,fr»«tor. Hondma* Com flfc* Oomtofcan Map. A«r*D flfoo, Mnuh
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      Page 37 Advertisements Column 4
      620 37 (fc FAMOUS CONTAINER UNES JJJ— 80 ROBINSON ROAD, #22-02 SINGAPORE *****6 y HOT UNE: *****33(30 UNES) FAMOUS LOGISTIC (M) SON. BHD. (ca. M siissp) NO. 30 LORONG CEMPENING ***** PORT KLANG, SELANGOR DARUL EHSAN MALAYSIA TEL: 603-*****33 (20 UNES) FAX: 603-*****33 (05 LINES) COMPREHENSIVE SAILINGS TO AND FROM PORT KLANO
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      Page 41 Advertisements Column 1
      440 41 W~klyia*FCl fl| fODICgI $trvicH to Caribbean it hipping A Central America IKKMNGYANGI H.SEOM 152N 184E Port Country 23/04 30/04 Belize City Belize 27/05 03/06 Bridgetown Barbados 30/05 06/06 Cartagena Colombia 29/05 05/06 Castries Si. Lucia 29/05 05/06 Fort de France Martinique 30/05 06/06 Freeport Bahamas 25/05 01/06 Kingston Jamaica 27/05
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      Page 41 Advertisements Column 2
      1137 41 ADVANCE CONTAINER LINES (PTE) LTD A I B 140 C«cil Street #12-00, PIL BuNdfog. Singapore *****0 Li TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E BANGKOK JAKARTA (3 to PAT, 3 SatNeai M MT, 2 SaMMgi to LCH) (4 UHlMuirnl) VOY lSiT~i^ VESSiI VOY SM IKK SM
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      Page 41 Advertisements Column 3
      713 41 i*****600Q0Z VBmu I VQY I«N I Jg> 1 PBO I LB< I HAM HTM AMR VHEDORION YlflW 22(04 3CKM 02/06 ri*6 IMB H« IMB WO6 WU£DEVELA Vl«* »04 07/06 OMB IMB IMB 21/06 2MB 2MB VIXE DC CAPBXA T2ojj> OMB 14/06 IMB 2VOB 2MB 2MB 2MB ~3MS MLLEDEUBRA L2OW 12/06
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      Page 41 Advertisements Column 4
      118 41 I REGULAR CONVOmONAL I I I—mwi »m «/n nM/m/m/m I Ig^^^^rTs3i«PLSssGrofl^^^^| ■MMUIIM s/M GOOHO/ißsurarT I W MAM um*MAnoMAk mmmm mm MAM INTERNATIONAL nAMMPOMTATtON (M'POBMf m m AFFIUATED TO EAS INTERNATIONAL TRANSPORTATION LTTXHNA GROUPAGE BY SEAFRBGHT/CONSOL BY AKFRBGHT TOBEUNG/SHANGHAi/SUZHOU/WJXI/TIANJN/TANGGU/XIAMEN/ DAUAN/CJNGOAO/XIAN AND MANY OTHER OTIS M CHNA, MUALA LUMPUR, PORT KLANG, PENANG,
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      Page 42 Advertisements Column 1
      1116 42 II |{M POL INTERNATIONAL LINE *lf«ltOK I »T KILAMO —-_TT_— VCBBn VOY 8»N BKK VESSEL VOY j SINPKL rw7T£i -V"HaUttam XETHABHUM 197N Thu In PI Son 20/04 BUNQA SEROJA 7066 Thu lln Pi Fn 18/04 WKftPTft flfff M 4 NANTABHUM 341N Sat 19/04 Tu* 22/04 JARU BHUM 7327 Sat 19/04
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      Page 42 Advertisements Column 2
      227 42 UNE mST A mi IMIStl PAX) *****37 vk$h VOT no eta vnsa vot to ra SPOM MIMA SPOCf IM APMGUMT MM/07 21/04 M/M APMOMT VOW/17 11/04 2S/M jmospm vom/v m/m m/m jnosra *o*/»7 m/m m/m APMCUKT VIM/07 M/M M/M APMGUMT Vl«/»7 M/M M/M jpmkpm vim/07 m/m 07/05 (mm vim/07 m/m
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      Page 42 Advertisements Column 3
      454 42 A ACCORD A SHIPPIMO PTE LTD m: *****56 (40 Lin*s) FAX: *****46 KMKIAKG (93) 397 mi U wL WMCT ACCISS TH.: *****57 (W<*T tOOKINO) HSMGUOMC (07)tSllV7 225M37 (iXKMT DOC). ******4 (IMPORT) nHM i (94) *****41 UKAtU (71) MM VAA^ mm ro sin ~pow m sin poit ita sin port msw
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      Page 42 Advertisements Column 4
      149 42 BINTANG MAS SHIPPING PTE. LTD. 39 NEE. ROAD, SMQAPORE 0206 TEL *****68 ROC *****84 TLX: R*****6 SMMER H|| CR Nk **********0W niciMng Cay FTI biKJ vpsn M i 19 ww cm hi BWSSBWR! Mraytarf WOKH-M/M 30D4 rasa vot $w in I ■Ciaaia to|Mi WW VU7/M 2MM MM V97OSC K7VW H/W
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      Page 43 Advertisements Column 1
      513 43 UNO EXPRISS SHIPPING 11 COLLYER QUAY *00-01 THE ARCADE IiSINOTRANSI S (*****7). TEL: *****90 FAX: *****08 k IU-iJ^ 1 f TLX: R*****1 3INOEX (IMTBMS SNANSHAI (CONTAININ URVICi) wsa i voYAGt i mail i et>hhg i eiasha i i cwtu >710 Ufa T<M 6UKX WlO 26/04 oi/05 ***** ISM ffli 03/05
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      Page 43 Advertisements Column 2
      502 43 TOKYO/YOKOHAMA/KOBE/OSAKA MV "ASIAN PEGASUS" V. H144 ETA SIN 20-04-97 NAOOYA MV "ALLIGATOR MIRACLE" V. ***** ETA SIN 19-04-97 CAU BOOKING: 220-2022 MARRYN/YONG/HAMIDAH/MAS/XIUHUA CONSOLIDATION, WAREHOUSING, TRANSPORTATION, I aMMMir HOUSEHOLD REMOVAL AND AIR CARGO SERVICE JO LCL CQMBQUDATIOM SERVICE An itniltlt ot Mftm/ 09K Lkm/H&l Sm Htp Ontf •IsSHoT my rssbTiSl roKtorimeHmMttaafijtiom
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      Page 43 Advertisements Column 3
      101 43 08. T A STAR IVO4 RdrrVAtw/BmrVUK/Nar I CANALP 2004 27AM RdrrVAtwAJK/N«i I GAMMA 30AM FWrrVATwAJK ■VANK 18AM RdnVAtWUK. I Loads EJH. Maiajda. Irdon—f I ■stars* HodaMah/Jaddah/Aqaba/Egypl/Algtara I ■PAN CRYSTAL Dubai/Batvain/Damman/KuwaM I ■a. VERMEZ Hotttdah/Jaddah/Egypt I ■a. HAZER Jaddah/Aqaba/ftaty I ■SEA MASTER M Dubai/A. DhabVDammarVKuwatt I I Xoada BMpt ETW MMayma.
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      Page 44 Advertisements Column 1
      355 44 Shipping Times -BUSINESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. 1 1 PORTS FREE Talk-Time p Motorola Walkie-Talkies allow you to talk
      355 words
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      Page 44 Advertisements Column 2
      46 44 URACO AUTOMATION PTE LTD BCoHBRflNHI B'' E~STOP LOGISTICS CENTRE 4 fi Contact persons: YD Poh Jimmy Poll Soo Pheng David OK I 1 ™"™1 lH HV V V 1 RCPAv4MMip^I3Ih HM»B| i! i!! ■HHBUi Aj^^2^22^S2£SSSSi£^HHH^^IHH^^^HHHI LW /Oh^IiI^ m r a i t m4tT bbhctbpwB'' t ft
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      118 45 LICIND: R Thundortform Ttmporoturo c A V Showor WooHwr Wind dfrtctton with ip««d m knot* R <n Wflv.h^aht Cloudy Shy 0 "•V" Swfoeo *Mi oro MmiW by orrow* whkh fty vltfc tfco »M CD on# crcl '•P'otonti eolm or Ught and vortaMo wind* i—» On# hoN Mocha roprotontt 5 knot*
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