The Business Times, 29 April 1997

Microfilm: NL20875
Total Pages: 40
1 40 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS GUIDE MITA (P) 023/12/96 Internet: http://www.asial.com.sg/biztimes SINGAPORE TUESDAY, APRIL 29,1997 85*
    13 words
  • Article
    MARKET SUMMARY
    54 1 nsra mm HMLI9 (-22.81) nwr-m Ml MM (-19.41) nvroov mm 3913J2 (-32.75) D SS»(-24.85) Q UUETKOOOE KL8B OOMP l55S_?S5 NIKKEI IM7M7 +§7*1 hahosk.no njsit.17—*h SCT INDEX ***** -ILK JAKARTA COUP—IMH *4J» MANILA OOMP _X8J7Jt MM TAIPH WP! SEOULCOMP 7ftl« CLSA CHINA B _1>IMI—+1R2! AUST ALLOW) —1#1.7 .110 U+m
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  • Article
    FINANCE
    68 1 EXC8AMEIA315 USS SI USS 14* f 1JW 1341 DM 9m MK YEN IM M8® 1.141 MS M* ffKS BAHT MM M» KUPIAH IM U4t MM PB1ME BATES SINGAPORE* 144 KUALA LUWUR Ml JAKARTA 18J® BANGKOK IMS MANILA 1M0 HONGKONO 8.76 TAIPEI Mt SYDNEY Ul TOKYO 18# SEOUL 1175 ZURICH**
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  • Article, Illustration
    Lock icon G-7 fears weak yen may ignite US-Japan tensions
    446 1  -  Mitsozoka and Rabin pledge commitment to cooperate closely in exchange rates Froml Leon Hadar in Washington SENIOR finance officials from the Group of Seven major industrial nations have expressed their concern that a further weakening of the yen would bring about an
    AFP  -  446 words
  • Article
    STII sinks below key 2,000 level
    331 1 [SINGAPORE] Hit by rumours of yet more property curbs in the pipeline, the Straits Times Industrials Index yesterday breached its key support level of 2,000 while Singapore Telecom hit a record low of $2.38. The STII fell 22.81 points to 1996.79, its lowest level
    331 words
  • Article
    SES plans to question senior Lum Chang, NOL officers
    478 1  -  By i Conrad Raj [SINGAPORE] The Stock Exchange of Singapore is planning to call up senior officers of the Lum Chang group and Neptune Orient Lines as it conducts its own investigations into allegations of insider trading involving NOL's proposed takeover
    478 words
  • Article
    Economists forecast 3.7% GDP growth in 1st quarter
    643 1  -  Slowdown due to contraction in manufacturing output By, Audrey Tan [SINGAPORE] A contraction in manufacturing output is expected to pull economic growth down to 3.7 per cent in the first quarter. A BT poll of 12 economists' forecasts showed that gross domestic
    643 words
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      154 1 DfISEDB IkikMlrllS Malaysian Airlines System has been exempted from paying taxes on its Malaysian income for five years, giving it savings ofr up to Msao million. Shareholders too will enjoy tax-free dividends during the period, P|lA x V..- <IHII tflnimtiriifing Average valuations of HDB resale flats remained flat in the
      154 words
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      Page 1 Advertisements Column 2
      79 1 Greenback up, Pg 11 Can Japan weather intervention? Pg 11 G-7 at intervention, Editorial, Pg 12 v,' <- I ]1 ,<u I Ifl I II I I |fl A I II I 4 The Alfred Dunhill Suit Collection. ■■SBSVHHBHHI Indispensable for an immaculate Th« 1997 Spring/Summer Mmnnor Collection in konjry
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon $2b IT programme for schools gives industry a shot in the arm
      589 2  -  Private sector to provide hardware, content in govt plan to boost computer usage in education By 1 Toh Han Shih THE local information technology industry received a big boost yesterday with the launch of the government's $2 billion
      AZIZ HUSSIN/ST  -  589 words
    • Article
      Lock icon Tang 'underwritten' by someone: SM Lee
      758 2 The Straits Times SENIOR MINISTER Lee Kuan Yew told the High Court yesterday that he believed opposition member Tang Liang Hong was being "underwritten by someone or some agency" in his efforts to cause "maximum political damage to Singapore". This was why the lawyer
      The Straits Times  -  758 words
    • Article
      Merc joins rivals to offer easy repayment plans
      511 2  -  Byy Christopher Tan MERCEDES-BENZ, one of the last brands to have held out on the fancy financing schemes sweeping Singapore, presumably because its customers don't need them, has joined the fray. Both authorised agents and parallel importers now have various easy repayment
      511 words
    • Article, Illustration
      Lock icon Economy set to grow 7.3% in '98
      358 2  -  EYE ON THE ECONOMY GDP By. Andrey Tan SINGAPORE'S economic growth will accelerate to 7.3 per cent next year before slowing gradually to an annual rate of 6.3 per cent from 2003 to 2007, according to forecasts culled by London-based Consensus Economics earlier
      Source:  -  358 words
    • Article, Illustration
      Lock icon Two deals on judicial aid, use of PSA terminal facilities signed
      590 2  -  PM GOITS VISIT TO CHUT A From< Quak Hiang Whai in Beijing SINGAPORE and China further strengthened bilateral ties yesterday when the two countries signed two agreements here in the presence of their respective prime ministers. Visiting Singapore Prime
      CHIN FOOK CHEW/ZAOBAO  -  590 words
    • Article
      Relying on foreigners can hinder growth: Boon Yang
      206 2 FUTURE economic growth should come mainly from productivity improvement of Singapore's workforce and not from admitting more foreign workers, Minister for Labour Lee Boon Yang said in his May Day message. "Over-reliance on a large number of foreign workers, particularly low-skilled ones,
      206 words
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      141 2 Are month ends a camp site in your Accounts Department? Do vour accounts staff like camping? Have you ever wondered why you have a high turnover in your Accounts Dept? It just may be that your Accountant and your Accounts Assistants are not so fond of camping. Maybe the night
      141 words
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      Page 2 Advertisements Column 2
      92 2 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 l*ull nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      92 words
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      271 3 Centennial T O W K R iitsiaaia mm* >i> ■a« Bold, Distinctive and Inspiring is how some would the spectacular works of Roy Lichtenstein, Frank Stella, jjjjjf Mention to detail ensures a quality finish unique in describe the art of Roy Lichtenstein. Yet these are attributes James Rosenquist Dale Chihuly
      271 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon Exec condos: best game in town
      729 4  -  THE PROPERTY COLUMN Why the open tender for exec condo sites should see an unusually high number of bidders By Lee Han Shih THE property market is now full of memorable dates. May 14 marks the day (last year) the government introduced its anti-speculation
      FILE PICTURE  -  729 words
    • Article, Illustration
      Lock icon Flat prices, lower volume seen in HDB resale market
      397 4  -  Valuation figures suggest further consolidation in Q1 By. Abdul Hadhi [SINGAPORE] The HDB resale market consolidated further during the first quarter of this year. Figures released by the Housing and Development Board yesterday showed that average valuations of flats remained flat
      Source: UOB  -  397 words
  • Page 4 Advertisements
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      306 4 THE RIGHT 7] BUSINESS LOCATION £4 IS YOUR ASSET Orchard Building Every astute business decision maker knows that ]i there can be no better location for an office than where the business is. The new Orchard Building, <—-— situated at the junction of Orchard and Grange Roads right in the
      306 words
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      Page 4 Advertisements Column 2
      129 4 1 Specialist I in Residential Letting and I Property Management I in London I GROUND FLOOR WAREHOUSES at AMTECH BUILDING 1111 t'iiir I Unit 02 IOW ft 1 Biilii i i i New high-tech warehouse/factory building. 10 loading bays with docklevellers. Ample basement car &r lorry parking. Fully leased to
      129 words
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      Page 4 Advertisements Column 3
      287 4 DiifbtTT PrirrvTEtesidential Site J For Sale By Tender Location Shelford Road, a highly N popular and convanient rota J location. Closa proximity A V\ J I to good schools. Good \\*«auws accessibility via Pwi Island w*™ l (f Expressway (PIE). \condo TWo Lot 3508, 3510, 3512 Mukim 17 f f
      287 words
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      209 5 how do we make every customer feel like our only customer? As your business grows, don't you find access. And a previously expensa^e it's difficult to give the same level customer service department now of service to each and every customer? coste mwh fess to nm One transport company realised
      209 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Matters of local interest
      748 6  -  LETTER FROM JAKARTA Xndon electorate not particularly concerned about abstract national issues By S N Vasuki CAMPAIGNING for Indonesia's May 29 parliamentary elections has started at a frenetic pace. Leaders of the country's three political groupings are in different corners of this huge archipelago in an
      748 words
    • Article
      Lock icon UEM puts M'sia among top 4 foreign investors in Philippines
      224 6 MANILA Bernama MALAYSIA emerged as the fourth largest foreign investor in the Philippines in this year's first quarter, the Board of Investments (BOI) said. In its report, 801 said Malaysia pumped in 1.82 billion pesos ($599.68 million) in equity investments,
      Bernama  -  224 words
    • Article, Illustration
      Lock icon Nine Indon pro-democracy activists get stiff jail terms
      398 6 JAKARTA AFP TWO Jakarta courts yesterday handed down stiff jail terms of between 18 months and 13 years on nine defiant young pro-democracy activists accused of subversion after last year's riots here. The verdicts came from judges at separate trials in the
      AFP  -  398 words
    • Article
      Lock icon Indonesia signs dozens of mining contracts
      490 7 JAKARTA 65 deals signed after being delayed by Busang controversy Reuter INDONESIA yesterday formally allowed dozens of companies to explore for and mine minerals across the archipelago even as the cloud of the controversial Busang discovery hung over its mining sector. Mines and Energy
      Reuter  -  490 words
    • Article
      Lock icon Resist bid to link trade to politics: Rafidah
      264 7 KUALA LUMPUR Asean urged to monitor policies that will curtail exports AFP MALAYSIA yesterday urged Asean members to resist moves by major trading nations to link trade to politics. Citing Washington's recent ban on US investments in Myanmar, International Trade and Industry
      AFP  -  264 words
    • Article, Illustration
      Lock icon A tyre to drive home the message
      51 7 [MANILAIA tyre engulfed in flames during a protest in Manila's Taguig district yesterday. The residents were demonstrating against the demolition of their houses near a Philippine army camp. Officials say the houses, located in a squatter area, have to give way to development.
      REUTER  -  51 words
    • Article
      Lock icon Most banks within new loan limits
      114 7 KL Reuter THE Malaysian central bank said yesterday that many financial institutions werQv within the loan limits set by it* for lending to the broad prop-* erty sector and for buying? shares. Bank Negara's deputy governor, Fong Weng Phak, said 26 out of 37
      Reuter  -  114 words
    • Article
      Lock icon Viet workers at Nike contractor on strike
      244 7 HANOI Reuter ABOUT 800 workers went on strike over pay and labour conditions last week at a plant in Vietnam that makes shoes for Nike Inc, a Labour Department official said yesterday. Friday's three-hour stoppage at South Korea's Sam Yan Co factory near
      Reuter  -  244 words
    • Article
      Lock icon DAP MP Lim Guan Eng guilty of sedition
      134 7 MALACCA Reuter Bernama A MALAYSIAN High Court found an opposition Member of Parliament guilty of sedition yesterday. Lim Guan Eng. the deputy secretary-general of the Democratic Action Party, was fined M 515,000 (559,000) on two charges of sedition and spreading false news
      Reuter; Bernama  -  134 words
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      474 6 WHAT IS GOOD ENOUGH FOR Nokia 8110 GSM Nokia 9000 XtIT? DDl\fr Tfi VfklT AT TFI FCITAP Now $772.50* Communicator GSM W J-i KKl.ll\T 1 U I \JU iV J. J. FREE 2nd 400mAh NOW $2562.64* battery worth I Additional savings of S $100 I $422 f from Sing Tel
      474 words
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      186 7 SVENSONREAL NATURAL HAIR Will CHANGE YOUR UFE FOREVER Mark Tan was bald. He looked much older than bis age; bis career and social life were stagnant Then be came to SVENSON and new hair was added in stages. Few people noticed tbe gradual change but now everyone remarks on bis
      186 words
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      Page 7 Advertisements Column 2
      241 7 I Convene in Singapore j Connect to the world Impact your business through Technology j li r onrurrent Tech Connect '97 offer* exhibitors j h II In conjunction with II an ideal meeting "1 Tech connect' 9?, two < m concurrent activities II network and forge business partnerships f* are
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      485 8 F JLEELING LOST. I.i 1111 ui in ss. iT'S to ni I I \PECEED. YOU'RE IS A EAR AWAY I AMY BUSINESS TO ROW f DEADLISES EO MEET PEOPLE TO MfYlffi AVSW/R TO. And you cannot make he\ v gSP* 415% decisions because you cannot c\cn make >, T contact.
      485 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon Confidence in HK's future remains high despite row
      452 9 82% of those polled believe HE will stay prosperous; one-third worry about stability AFP CONFIDENCE over Hongkong's political and economic outlook remains high despite the row over the future government's plans to amend civil liberties laws in the last 64 days of
      AFP  -  452 words
    • SINO Briefs
      • Article
        Lock icon Taiwan raises Q1 growth forecast to 6.6%
        67 9 Reuter [TAIPEI] Taiwan's first-quarter gross domestic product likely will rise around 6.6 per cent, up from a February forecast of 6.4 per cent, the cabinefs Directorate General of Budget, Accounting and Statistics said yesterday. GDP growth for the whole of this year may
        Reuter  -  67 words
      • Article
        Lock icon 1842 traty on HK for Taipei exhibition
        90 9 AFP 5. [TAIPEI] On June 28, two days before Hongkong returns to Chinese rule, Taiwan's Palace Museum will display the 1842 Treaty of Nanking under which the Manchurian imperial government ceded Hongkong to Britain. The document will be included in an exhibition of
        AFP  -  90 words
      • Article, Illustration
        Lock icon New faces, big bucks
        63 9 AFP f [YANGSHUO, Guangxi] An elderly man walking by a < streets ide cafe serving western meals for foreign tourists I on Sunday in the resort of Yangshuo in Guangxi province. Some 51.13 million tourists from overseas, the largest number ever, visited China in 1996, up
        AFP  -  63 words
      • Article
        Lock icon China's foreign debt up 9.1% in '96
        65 9 Reuter y [BEIJING] China borrowed U5530.95 billion (5544.7 billion) from overseas sources in 1996, bringing its total outstanding foreign debt to U*****.28 billion at the end of 1996, Xinhua news agency said yesterday. Total outstanding debt was up U559.69 billion, or 9.1 per
        Reuter  -  65 words
      • Article
        Lock icon Beijing ratifies chemical weapons pact
        67 9 AFP 4 [BEIJING] China ratified the International Chemical i. Weapons Convention last Friday, a foreign ministry r spokesman said yesterday: "China's ambassador to the t United Nations, Qin Huasun, submitted the letter of ratification to the United Nations on April 25," the spokesman said. The
        AFP  -  67 words
    • Article
      Lock icon McDonnell-Douglas under probe over tools sale to Beijing
      278 9 WASHINGTON AFP THE US Justice Department is investigating aircraft maker McDonnell-Douglas for selling machine tools to China in 1994 that were diverted to a weapons plants, the latest issue of Newsweek said. The issue that appeared yesterday quotes a Pentagon source as
      AFP  -  278 words
    • Article, Illustration
      Lock icon More power for Taiwan president?
      257 9 TAIPEI New reforms planned will allow president to appoint PM without parliament's approval Reuter TAIWAN'S ruling Nationalist Party approved a major political reform package yesterday which would significantly boost the power of the president Under the ruling party's plan, the president would be granted the
      Reuter  -  257 words
    • Article
      Lock icon China to streamline auto industry
      283 9 BEIJING Plans to trim the 126 scattered small plants to six big ones Reuter CHINA'S "scattered and disorderly" auto industry is to be streamlined from 126 small factories into six large-scale plants, the official China Daily reported yesterday citing government plans. The country also planned
      Reuter  -  283 words
    • Article
      Lock icon China foils plan by 18 to sneak out to S'pore
      149 9 HONGKONG AFP AUTHORITIES in southern China have smashed a plan by a group of 18 people to sneak out of the country for Singapore via Hongkong, it was reported yesterday. The two women and 16 men from China's southeastern Fujian
      AFP  -  149 words
    • Article
      Lock icon Chinese city shuts down 50 ad firms to protect consumers
      219 9 BEIJING AFP VUIIU WIHVI KJ AUTHORITIES in the western*} Chinese city of Xi'an have-* shut down 50 advertising oper-f ations in a crackdown on fast-growing industry, the official China Daily reported yes- terday. The companies' qualifications were revoked last Thurs-'
      AFP  -  219 words
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  • ASIA
    • Article
      Lock icon Howard to impose his solution on land dispute
      473 10 CANBERRA PM raises prospect of early poll to end row between farmers and Aborigines Reuter AUSTRALIAN Prime Minister John Howard yesterday moved to end a brawl over conflicting land claims between Aborigines and farmers, saying he would ignore opposition from both sides
      Reuter  -  473 words
    • Article
      Lock icon Jinro to get 100b won in emergency bank loans
      169 10 SEOUL Bloomberg SOUTH Korea's debt-ridden Jinro Group will receive 100 billion won (Ssl6l million) in emergency loans from its creditor banks during the first half of this year, the Korea Federation of Banks said. The move will help keep the Jinro
      Bloomberg  -  169 words
    • Article
      Lock icon Hanbo scandal: sacked bank executive kills himself
      164 10 SEOUL AFP A FORMER South Korean bank executive, sacked for alleged involvement in a swirling Hanbo scandal, hanged himself at his home yesterday, police said. Park Seok Tae, former managing director of the Korea First Bank, was found dead in a stairwell of
      AFP  -  164 words
    • Article, Illustration
      Lock icon Setback for Gujral as his party chief faces charges in graft case
      433 10 NEW DELHI Call for resignation of ministers named in 10b rupee funds scam Reuter INDIAN Prime Minister Inder Kumar Gujral yesterday faced his first shock waves in office as pressure built for the leader of his party to
      Reuter; FILE PHOTO  -  433 words
    • Article
      Lock icon Hashimoto backs Aussie bid to join Asia-Europe Meeting
      243 10 CANBERRA AFP JAPAN'S Prime Minister Ryutaro Hashimoto strongly backed Australia in its fight with Malaysia to join the important Asia-Europe Meeting process in a speech here yesterday spelling out new measures to enhance bilateral links. Mr Hashimoto, who was greeted with a
      AFP  -  243 words
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      132 10 H Sl/in I!!! la|' i* Hk rM9 7MBi BTmt Mill I ItSa* IM 1 WtrTil n p i HESb Biw' J La^Bf] !mf HIMrHBi ■111 Designed to meet the needs of the corporation of tomorrow, Developer Sote W.iftelirxj Agent UE Square s strategically-located twin office block contains mmmm y N)TS)
      132 words
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      Page 10 Advertisements Column 2
      297 10 IISISIBEX'97 ft AIHEX 97 I fcallMPlUiiman aMlg 10——— taaoaan »•< Alia* lataiaatlaaal Haitfwaia lipoidica -3REHVAC97 fIAIDEX'97 1 ■migUKii' «a I*4 lalaraaflaaal latatlai Oatlfa lipoiltlaa And now, for the first time in Southeast Asia I H/e/C SYSTEMS" SINGfIPORS'97 I The Ist Computer Show for the Design and Construction Industry. H H
      297 words
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  • THE WORLD
    • WORLD Watch
      • Article
        Lock icon Buba member for strict EMU criteria
        68 11 Reuter [HANOVER] Bundesbank council member Helmut Hesse yesterday said he believed entry criteria for the single European currency should be strictly observed and not weakened to allow Germany to join if it failed to meet targets. Mr Hesse, president of the state central bank
        Reuter  -  68 words
      • Article
        Lock icon European envoys to return to Iran
        76 11 Reuter [DUBAI] European ambassadors will start returning to Teheran this week, barely three weeks after being recalled when a German court cited Iran's rulers ordering political assassinations, European diplomats said yesterday. Though EU ministers are expected to keep their policy of "critical dialogue" with
        Reuter  -  76 words
      • Article
        Lock icon Sanctions needed to rein in Saddam
        71 11 Reuter [NICOSIA] The US sees no practical alternative to maintaining sanctions against Iraq as long as President Saddam Hussein remains in power, former US assistant secretary of state Robert Pelletreau said yesterday. The US believes the Iraqi army would soon be back on the
        Reuter  -  71 words
      • Article
        Lock icon Netanyahu must change, says Syria
        54 11 AFP [DAMASCUS] Syria's chief negotiator Walid Muallem said the freeze in peace talks would continue unless Israeli Prime Minister Benjamin Netanyahu undergoes a "radical" change. The deadlock would not be broken until Mr Netanyahu "decides to resume them on the basis of the principles of
        AFP  -  54 words
      • Article
        Lock icon Ciller says coalition will continue
        51 11 Reuter [ANKARA] Turkey's Deputy Prime Minister Tansu Ciller yesterday said her coalition with Islamists would continue. Two ministers from Ms Ciller's True Path Party resigned as a result of Islamist Prime Minister Necmettin Erbakan's reluctance to meet military demands for a crackdown on Islamist activism.
        Reuter  -  51 words
    • Article, Illustration
      Can Japan and the world weather intervention?
      652 11  -  COMMENTARY BOJ, Fed and others most likely to watch if markets really dare test 130 yen level By Anthony Rowley The writer is BT's Tokyo correspondent WITH by far the largest foreign exchange reserves among the world's central banks U*****.4 billion (*****.9 billion)
      652 words
    • Article
      Lock icon Bonn to start using the euro from Jan 1,2002
      166 11 BONN Reuter THE German cabinet yesterday approved plans for the state administration to switch over to using the planned single European currency, the euro, on Jan 1, 2002. But, according to an interim report published by the Finance Ministry, companies should
      Reuter  -  166 words
    • Article
      US$ surges, propelled by irresolute G-7
      656 11  -  biannual meetings or THE IMF and world bank BO J sits on sidelines asUSsrisesto4-yr high of 127.10 yen From. Anthony Rowley in Tokyo FOREIGN exchange markets -pushed the US dollar up by nearly one yen to a four-year high of 127.10 yen in Tokyo
      656 words
    • Article, Illustration
      Lock icon G-24 hedges backing for freer capital flows
      371 11 Group says several terms must be met for successful reform Reuter [WASHINGTON] Developing nations on Sunday hedged their support for a global push towards more liberal investment rules. The Group of 24 developing countries said it recognised the benefits of freeing capital movements.
      Reuter; REUTER  -  371 words
    • Article
      Lock icon Yeltsin signs decree for telecom giants privatisation
      170 11 MOSCOW AFP RUSSIAN President Boris Yeltsin signed a decree yesterday for the privatisation of 49 per cent of the giant Svyazinvest telecommunications company, including 25 per cent open to foreign buyers. Mr Yeltsin's decree finally gave the green light to the much-delayed privatisation.
      AFP  -  170 words
    • Article
      Lock icon Clinton slams prosecutor for pursuing Whitewater
      282 11 m WASHINGTON AFP US PRESIDENT Bill Clinton said Sunday the long-running Whitewater investigation is an attempt to go "after two people who lost money on a real estate deal". Speaking on the NBC television network show Face the Nation, Mr Clinton said the US
      AFP  -  282 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      133 11 G-7 baulks at intervention, Editorial, Pg 12 The University of Hull "One of the most established in Singapore!" Hmba Singapore 21st Intake July '97 I FIRST to offer TQM and a Systems Approach to a Creative Problem Solving FIRST to offer |§fff§a Entrepreneurship and Project Management as Jftpridby core modules
      133 words
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      Page 11 Advertisements Column 2
      265 11 5=6? f figureA V OUT J For over 20 yean, SINTAT Rcni a Car has For every 5 accumulated rental days, you are been operating in Singapore and throughout entitled to 1 of the following fabulous prizes Peninsular Malaysia. of your choice: 1 day free usage of a new car
      265 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Lee's lobbying may backfire on HK Democrats
      711 12  -  THE BOTTOMLIXB OPINION By Loh Hui Yin The writer is a BT correspondent in Hongkong FROM the outset Tung Chee-hwa's proposed trip to the US was not going to be a junket As the future ruler of Hongkong, Mr Tung was going to
      711 words
    • Article
      IN OTHER WORDS
      124 12 'If Labour had a collective grandmother, it would sell it' -John Major British Prime Minister about the Labour Party which is poised to win this week's general election. 'I certainly don't think that because we are electable and winning new support we are unprincipled.' -Tony Blair British
      124 words
    • Article
      The G- 7 baulks at intervention
      594 12 EDITORIAL ON THE EVE of the meeting of senior finance officials from the Group of Seven industrial countries in Washington over the weekend, the big question in international currency markets was: what will the G-7 do to stem the rise of the US dollar
      594 words
    • Article, Illustration
      Aussie forces see red
      1149 12  -  Australia's service chiefs are up in arms over adoption of a report to restructure nation's military Hy\ Peter Lynch The writer is a Sydneybased journalist who contributes to BT AUSTRALIA'S naval might was on display in the South China Sea two weeks ago, alongside that of
      1,149 words
    • Article
      WHAT THE OTHERS SAY
      743 12 Tbe South-east Asian reality THE decision by the United States to impose economic sanctions on Myanmar is, in reality, a move against Asean's in principle agreement for Myanmar's entry. But to Asean, applying pressure on Myanmar is clearly not the best way to prod Myanmar towards
      743 words
  • Page 12 Miscellaneous
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      489 13 Where to wine, dine and entertain kttp:// www. ana-hotels .com Not just seafood either. Visit our home page and you can order tonight's dinner from our cyher selection. Browse through the menu, leave us your order and it'll he ready to pick up before you can say 'information superhighway'. We
      489 words
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      Page 13 Advertisements Column 2
      157 13 SINGAPORE BUSINESS Giving you the winning edge i SeLecr pnorn six exemng ser menus and ger a chance to sample dippeKenr apperiserzs, mam courses and dessenrs daily. Available at Nibbles Cafe only in April at $17.80+++ per person. For reservations, please call *****66 Ext. 1105 V mm.- n.l IMnluMbla.Sngapan2)NliM7)7lM«Fac7»47«l iyrafDaWUM
      157 words
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      142 13 i SOUTH AFRKAN i FLAVOUR g i GOES CANTONESE 4 crt the Voptun© froirr now till ?1 Way. Enjoy OrtHcA disks, SoutA AfrtMß win* «m<] <t sowtA African Revue SAow 4 fop only fop c tdUo of 10. You couH win «tpip to SoutA Afplco <nx} Maupttlu? In oup Luciy
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      823 13 TV&RADIO 11.00 Tuesday After Dark 830 Konsert Mesra. The Hand (See Our 9J30 CPR (Lastep). 2.30 PM The Winners. Choice). 10.00 Japan Hour. 1* 3.00 Money. Money, Money. 12.40 AM X-Files (r). 1130 TV Innovations. f 3.30 How to Succeed in Busi- L 36 The Bill. 130 AM Close. T
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    • Miscellaneous
      Page 13 Miscellaneous Column 2
      298 13 CRYPTIC CROSSWORD 7 Frolic around, and get into a VV IV IBi 8 Such a vocalist shows dread- lM~~"IBB ful confusion 10 Turn and summon the atten- I I I I I j j dance register (4-4) 11 Bliss, to arrive finally in safe H| 12 Droop, with no starchy
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Norman Mailer's cross
      755 14  -  America's grand old man of letters blasted for his latest book. Arthur spiechri.wan reports ARTHUR SPIEGELMAN Reuter NEXT year the US literary establishment will no doubt celebrate Norman Mailer's 75th birthday and the 50th anniversary of the publication of his most famous novel. The Naked and the
      Reuter; FILE PHOTO  -  755 words
    • CBATTER Box
      • Article
        Lock icon That's a really rich story
        158 14 AFP [LONDON] The gift of the gab has earned a London taxi driver a £5.9 million (5513.8 million) deal with Hollywood after he thrilled a customer with an original story idea for the silver screen. Colin Hayday, 53, told publicist Jo Reynolds that he had
        AFP  -  158 words
      • Article
        Lock icon Margery Manners dies
        88 14 AFP [LONDON] Margery Manners, one of Britain's best-loved music hall and variety performers, died on Sunday, said a spokesman for St Mary's Hospital in London. She was 71 and had been suffering from cancer. In a career that spanned more than 50 years, Manners topped bills across
        AFP  -  88 words
      • Article, Illustration
        Lock icon Enjoying the Swiss standard
        123 14 AFP [GENEVA] French actress Isabelle Adjani, who will chair a star-studded jury at this year's Cannes film festival next month, appreciates the calm of Geneva, which she has recently made her home. "I lead a very quiet life, with no worries. People are so nice and
        AFP  -  123 words
    • Article, Illustration
      Lock icon A new mass appeal in opera
      812 14 MUSIC Opera's audience is growing and flocking to Philadelphia for a two-week fest NYT [PHILADELPHIA] This is a city of regulated routine. It does not usually teem; not with dignitaries, like those about to assemble at the Presidents' Summit for America's Future, and certainly
      NYT; FILE PHOTO  -  812 words
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      Page 14 Advertisements Column 1
      134 14 Strike Gold Club Oasis At The Hyatt, the most At The Oasis sophisticated health club in town, is now opening up limited Gold Life transferable memberships. A haven where a whole new concept of fitness and well-being is being conceived, it boasts the latest in state-of-the-art equipment and luxurious facilities.
      134 words
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  • COMPANIES & MARKETS
    • Article
      IPO pricing may fall with cooling sentiment: bankers
      319 15  -  PE ratio, rather than absolute price, seen as better gauge of how 'cheap' a stock is By Clarissa Tan [SINGAPORE) With the stockmarket flailing and public float fever cooling, the next few initial public offers could see pricing falling even lower, say
      319 words
    • Article
      Thakral moves closer to Sing-dollar listing
      348 15  -  By i Conrad Raj [SINGAPORE] Hongkongbased Thakral Corporation has taken another step towards a Singapore-dollar listing by relocating its treasury operations and, in so doing, incurring more than a third of its expenses here. This was disclosed yesterday at the signing ceremony of a
      348 words
    • Article
      San Teh to raise US$20m for new plant
      353 15  -  By. Ang Wan May [SINGAPORE! San Teh plans to raise at least US$2O million (5528.8 million) through a bond issue or share placement for its new China cement plant which is expected to account for half of group sales in just four
      353 words
    • Article
      Signs point to turnaround far Overseas & General
      798 15  - Signs point to turnaround far Overseas General HOCK LOCK SIEW R Sivanithy Shareholders of Overseas General, which is traded on Clob International, have seen their shares slump. After hitting an all-time high of Aso.Bl two years ago, the share price has since slumped to its present level of around A
      798 words
    • Article, Illustration
      Lock icon Lims pare their Sin Soon Huat stake
      200 15 [SINGAPORE] Sesdaq-listed Sin Soon Huat's shares dipped yesterday, hitting a low of 73 cents amid rumours that its controlling shareholder was selling a substantial stake. The rumours were right. The company said after trading hours that five members of the family sold some
      Source: Bloomberg  -  200 words
    • Article, Illustration
      Lock icon Renewed optimism powers Creative shares to 2-year high
      412 15  -  Stock jumps 5J% to $21.50; some analysts see further rise By Jennifer Lien [SINGAPORE! Creative Technology shares soared to a twoyear high of $21.50 yesterday on renewed optimism about the company's future performance. The stock was the day's top gainer in dollar
      Source: Bloomberg  -  412 words
    • REGIONAL COMPANIES
      • Article
        MAS granted tax-free period for five years
        523 16  -  Savings of up to Ms2omon taxfor profit made at home Froi Eddie Toh in Kuala Lumpur MALAYSIAN Airline System Bhd (MAS) has secured tax exemption on profit it makes at home for five years, a move which translates into tax savings of up
        523 words
      • Article
        SBS' Waterbank buys 40% stake in Lum Chang hotel unit for $21m
        272 16  -  By< Christopher Tan [SINGAPORE] Singapore Bus Service (SBS) has agreed to buy a 40 per cent stake in a Lum Chang Holdings subsidiary which has resorts and hotels in the Asia-Pacific and the UK for $21.24 million. The
        272 words
      • Article, Illustration
        Lock icon Here's the TVR Chimaera
        55 16 [SHAH ALAM, Malaysia] Malaysian Prime Minister Mahathir Mohamad giving the thumbs-up at the launch of the first Malaysian-built TVR Chimaera sports car on Saturday. Local firm TVR Sports (Malaysia) Sdn Bhd is the first overseas manufacturer that was appointed by Britain's TVR Engineering Ltd to build
        REUTER  -  55 words
      • Article
        Lock icon Guoco group buys 9 floors in Central building for HK$2.56b
        292 16 Group will sell space to units Dao Heng Bank, Guoco Land SCMP [HONGKONG] The Guoco Group and subsidiaries, Dao Heng Bank and Guoco Land, have agreed to buy nine floors of The Centre in Central for HK52.56 billion (*****.44 million).
        SCMP  -  292 words
      • Article
        F&N venture in Pakistan buys Coke bottling plant
        132 16 [SINGAPORE] A joint venture between F&N Coca-Cola Pte Ltd and Pakistani parties has acquired the operations and facilities of the Coca-Cola bottler in Hyderabad for an undisclosed sum. The company, Cola-Cola Beverages Pakistan Limited (CBP), said yesterday that it would pay cash
        132 words
      • Article
        Lock icon HK's New World, Companion bid for Siu-Fung
        260 16 Sime Darby also eyeing the ailing ceramics firm: report Bloomberg [HONGKONG] Property company New World Development Co and Companion Building Materials Ltd, which trades in ceramics and tiles, have bid to buy debt-ridden Siu-Fung Ceramics Holdings Ltd. which Sime Darby is also reportedly
        Bloomberg  -  260 words
      • Article
        Easyknit plans to list properly arm in HK
        277 16 [SINGAPORE] Hongkong garment exporter Easyknit International Holdings, which has a secondary listing here, is planning to list its property arm. Reports from Hongkong yesterday quoted Easyknit president Matthew Koon as saying it plans to spin off its property investment division in a
        277 words
      • Article
        Lock icon Metroplex operating profit up 44.4% to M$136m
        172 16 Bernama [KUALA LUMPUR] Metroplex Bhd reported a 44.4 per cent increase in its group pre-tax operating profit to M 5136.18 million (5578.3 million) for the year-ended Jan 31, 1997 from M 594.31 million in the previous year. The operating profit was achieved on
        Bernama  -  172 words
      • COMPANY Briefs
        • Article
          Kappel Bank, OCBC open offices abroad
          46 16 [SINGAPORE] Keppel Bank has opened a branch in Vung Tau City, Vietnam. This is its third overseas branch after Hongkong and Labuan. And OCBC Bank will officially open a representative office in Beijing today, and a branch in Chengdu tomorrow.
          46 words
        • Article
          Jacks Int'l earnings Jump 33%
          51 16 [SINGAPORE! Mainboard-listed Jacks International yesterday reported a 33 per cent increase in net profit to $2.7 million for the year ended Jan 31. Turnover rose 31 per cent to $277.1 million. The company also announced a dividend of 4.5 per cent, or 4.5 cents per
          51 words
        • Article
          Jeremiah stake in Aurio hits 80.47%
          43 16 [SINGAPORE] Jeremiah Holdings raised its stake in mainboard-listed Auric Pacific Group from 64.8 per cent to 80.47 per cent at the close of its takeover offer yesterday. Jeremiah Holdings is 60 per cent-owned by the Lippo group.
          43 words
        • Article
          Hotel Grand Central unit to sell property
          38 16 [SINGAPORE] Hotel Grand Central's Australian subsidiary, Grand Central Australia, is selling a North Sydney property for A 116.6 million (5118.6 million). Its book value was A 515.4 million. No buyer wasmamed.
          38 words
        • Article
          YHS unit raises authorised capital
          32 16 [SINGAPORE] Yeo Hiap Seng subsidiary YHS Manufacturing has raised its authorised capital from $1 million to $1.2 million by the creation 0f200,000 ordinary shares of $1 each.
          32 words
        • Article
          Low Keng Huat posts lower losses
          47 16 [SINGAPORE] Low Keng Huat's losses narrowed 24 per cent for the year ended Jan 31 to $2.74 million, on a 14 per cent revenue slide to $75 million. Loss per share was 2.3 cents, an improvement from 3 cents in 1996.
          47 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Most Net-linked flotations sink below offer price
        343 17 Bank's figures show growing scepticism abont Internet firms' potential FT [LONDON] Only four out of 25 recent Internet-related flotations in the US are trading above offer price, according to Broadview Associates, the specialist IT investment bank. Broadview's figures highlight growing scepticism among investors
        FT  -  343 words
      • Article
        Lock icon Pacific Dunlop to buy assets of gloves maker for A$115m
        239 17 Purchase gives it 40% share of US safety gloves market Bloomberg [MELBOURNE] Pacific Dunlop Ltd, a diversified Australian manufacturer, said it plans to buy the assets of Golden Needles Knitting Inc, a USbased safety gloves maker for Aslls million (Ssl29
        Bloomberg  -  239 words
      • Article
        Lock icon VW confirms loss of 1b marks in futures
        268 17 Bloomberg [FRANKFURT] Volkswagen AG, Europe's largest carmaker, yesterday confirmed that it lost more than one billion deutschemarks (SsB4l million) through currency speculation last year. It said it did not plan to change its current "conservative" hedging policy. The company was responding to
        Bloomberg  -  268 words
      • Article, Illustration
        Lock icon Lion Nathan interim down 21%; better second half seen
        433 17 Reuter Bloomberg [AUCKLAND] Australasian brewer Lion Nathan Ltd said yesterday it was confident of a better second half result after reporting a 21 per cent earnings slump to NZ572.2 million (5572.17 million). While the result was at the higher end of
        Reuter; Bloomberg; REUTER  -  433 words
      • Article
        Lock icon Daimler denies report on job cut plan
        320 17 Reuter [STUTTGART] Daimler-Benz AG yesterday denied comments at the weekend from a top union leader that the German industrial group planned to cut about 23,000 jobs in the coming years. Daimler said in a statement that it expected a stable employment situation in
        Reuter  -  320 words
      • Article
        Lock icon Pacific Exchange seat prices rising
        347 17 At U*****,000, it is 10% above bigger American Exchange's Bloomberg [SAN FRANCISCO] A seat on the Pacific Exchange is now worth 10 per cent more than a seat on the bigger American Stock Exchange. A seat on the San Francis-co-based regional exchange recently sold for
        Bloomberg  -  347 words
      • Article
        Lock icon Three under German price-fixing probe
        215 17 Bloomberg [BERLIN] Siemens AG and German units of Alcatel Alsthom SA and Asea Brown Boveri (ABB) are being investigated by German authorities on suspicion they fixed prices in the 1.5 billion deutschemark (551.25 billion) market for electrical cable, the Federal Cartel Office said. The office
        Bloomberg  -  215 words
      • Article
        Lock icon Compaq poised to show its first PC theatre
        414 17 Computer-cum-TV device may be key to industry's posh into TV market NYT (NEW YORK] Compaq Computer Corp was yesterday poised to formally enter the battle for the future of television with the expected introduction of its first so-called PC theatre, a U554,999
        NYT  -  414 words
      • Article
        Lock icon IBM cuts prices in return for share of profits
        240 17 FT [LONDON] International Business Machines is offering to drop its prices in exchange for a cut of clients' profits as it tries to prove the value of high-technology marketing programmes known as "data warehousing". The computer company is a recent entrant
        FT  -  240 words
    • FINANCE & COMMODITIES
      • Article
        UOB unit launches S'pore's 5th greater China trust
        390 18  -  Major portion of assets to go to HE, Taiwan; returns of 10-15% expected By I Shiv Taneja [SINGAPORE] UOB Asset Management (UOBAM) yesterday announced the launch of a greater China unit trust the fifth such one available to local investors. The United
        390 words
      • Article
        Lock icon Goldman sees Swiss sales hitting gold market by mid-1997
        262 18 Bridge [DUBAI] A plan by the Swiss National Bank to sell gold to finance a compensation fund for Holocaust victims is "a fait accompli" and will hit the precious metal market by mid--1997, according to Goldman Sachs International executive director Roy
        Bridge  -  262 words
      • Article
        Morgan Grenfell ami bids for A$18b pension fund
        385 18  -  Part of offer is to shift Asia operations to Sydney: report By Shiv Taneja in Singapore and Peter Lynch in Sydney MORGAN Grenfell Investment Management Asia (MGIM), which has its Asian headquarters in Singapore, is bidding to take over an AslB billion
        385 words
      • Article, Illustration
        Lock icon Straining for more rice
        97 18 [MANILA] Farmers crossing a r icefield carrying sacks of newly harvested rice in Lag una province, south of Manila, yesterday. As the Philippines recovers from a severe rice shortage in late 1995, scientists warned that the country and the Asian region could face serious rice shortages
        AFP  -  97 words
      • Article
        Lock icon Yamaichi Securities 164.7b yen in the red
        396 18 Pre-tax profit dives 92% as commission income is halved Bloomberg [TOKYO] Yamaichi Securities Co, the smallest of Japan's Big Four brokers, said the company lost 164.7 billion yen (Ssl.9 billion) in the year ended March 31 after it bailed out a struggling affiliate,
        Bloomberg  -  396 words
      • Article
        Lock icon Foreign banks limited by lack of yuan
        204 18 Reuter, AFP [SHANGHAI] Two foreign banks which began local currency operations in Shanghai a month ago have said lack of yuan funds is limiting their business, the official China Daily Business Weekly reported Sunday. China has approved nine foreign banks to conduct yuan
        Reuter, AFP  -  204 words
      • Article
        Euroyen firm on short-covering
        199 18 SIMEXReport (SINGAPORE) Simex Euroyen futures edged up yesterday as players covered short positions after last week's sell-off. Dealers said there was little fresh news to inspire trade and participants were mainly adjusting their positions before a Japanese holiday today. "Overall, the market is very quiet. Everybody
        199 words
      • Article
        Futures volume crosses previous high
        202 18  -  MSCI TAIWAN FUTURES -By Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Index futures trading volume yesterday hit 4,304 contracts, surpassing the previous high of 3,083 contracts on April 22. Open interest was a high of 10,220 contracts as
        202 words
      • Article
        Lock icon China demand helps balance oil market
        208 18 ENERGY REPORT Reuter [LONDON] Oil prices meandered sideways yesterday in what traders said was a balanced market where rising crude supplies have been met by extra demand for oil products in the United States and China. International bellwether North Sea Brent blend crude for
        Reuter  -  208 words
      • Article
        Lock icon CURRENCY REPORT
        253 18 Reuter AFP London THE dollar closed firmer but off highs as dealers netted short-term profits from its rise triggered by a benign forex statement from Group of Seven (G-7) finance ministers at the weekend. The dollar was at 1.7288/98 marks at 1450 GMT, down from its overnight high
        Reuter; AFP  -  253 words
      • Article, Illustration
        Untitled
        1434 18 MTERBAMK CROSS RATES dgjjg A$ C$ !■> ICU Ffr Da HK$ Yen Won H$ «$Nfcts Nf SS land Sir HT$ Mt tomi US$ Australia LOW 6.178 0.692 4.552 1350 6.042 27.890 UOtt 0.988 6.961 I960 1122 ********** 1127 3.470 1148 ***** 20.373 0.481 0.780 Canada 0.918 5.951 0.635 4.177 1.238
        1,434 words
    • Article
      COMMODITY PRICES
      1862 19 SICOM FUTURES {pr2S RUBBER (futures closing as it 5.30pm) RSS1 CONTRACTS cwtsAg) Close VoliHM Open Month High Low Sett (tonnes) Interest May 97 154.00 250 Jun 97 154.75 725 Jul 97 156.25 156.25 156.25 25 1870 Aug 97 156.75 156.75 156.75 25 1920 Sep 97 157.50 »45 Oct/Dec
      1,862 words
    • Article
      WORLD STOCK MARKETS
      2349 19 LONDON Industrials »p f 21 hua 31 Group I 503 3.600 AB Ports 262.400 2 Abbey National 825 8 600 Allied Oom«q 433.400 -1.600 Anwc .139 600 As da Group 116.400 unch BAT Ind 516.400 5.600 BG PK WO 1 B1CC 248 400 -5 BOC Group 915.400
      2,349 words
    • Article
      Lock icon TOKYO
      1667 19 Reuter H Nikkei 225 +57j51 STOCKS closed mixed yesterday in extremely light trading as Sunday's Group of Seven (G-7) meeting failed to provide fresh incentives to the stock market, and most participants were unwilling to move actively before a holiday today, brokers said. The key 225-share Nikkei Average closed
      Reuter  -  1,667 words
    • Article, Illustration
      Lock icon HONGKONG
      1617 20 Reuter Hang Seng -3558 LATE profit taking in Hongkong's hot red-chip sector and caution ahead of this week's heavy calendar of US economic data dragged share prices to a lower close yesterday. The Hang Seng Index closed down 35.58 points, or u.28 per cent, at 12.610.17. Turnover was HK$l3.9
      Reuter  -  1,617 words
    • Article, Illustration
      Lock icon CHINA
      676 20 Reuter n Shenzhen B Index -OJO THE Shenzhen B index lost 0.10 points or 0.06 per cent to end at 176.54 on turnover of HK5273.8 million. "Today's market was hurt by weak earnings posted by Shenzhen SEZ Real Estate and Baoshi." an analyst with China Southern Securities said. Despite
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  676 words
    • Article
      Lock icon TAIPEI
      391 20 AFP □wp Index -MS SHARE prices in Taiwan finished slightly lower yesterday as late sales of manufacturing issues wiped out early gains driven by banking plays. "The market opened high but diminished buying interest and late profit taking pressure eroded early gains as more investors turned cautious over the
      AFP  -  391 words
    • Article
      Lock icon WELLINGTON
      271 20 Reuter n Wellington -1X35 The NZSE-40 Capital Index closed down 13.35 points at 2,240.22 on light turnover worth NZ527.7 million. Brewer Lion Nathan shed six cents to NZ53.42 after releasing its interim profit. Reuter Mr 21 «;s (000) ANZ Banking 8.95 -0.15 ***** Advantages Hldgs 1.29 0.01 5000 A
      Reuter  -  271 words
    • Article, Illustration
      Lock icon BANGKOK
      825 20 AFP □set Index -1L52 THAI share prices fell 1.7 per cent yesterday due to a lack of positive news in an economy marked by a slump in economic and export growth, dealers said. Adkinson Securities analyst Veerachai Krongsamsri said the main reason for the sharp fall was investor concern
      AFP  -  825 words
    • Article
      Lock icon SEOUL
      424 20 AFP F1 Composite ladei +4.40 SHARE prices rose 0.6 per cent on the Korea Stock Exchange in anticipation of increasing liquidity after the May 1 expansion of a foreign stock ownership limit, dealers said. "Investors started to snap up shares favoured by foreigners, sending prices rising," a Daewoo Securities
      AFP  -  424 words
    • Article
      Lock icon SYDNEY
      586 20 AFP nAH Ordinaries -13.0 CAUTIOUS investors awaiting domestic and US data helped depress prices yesterday as Australian shares closed 0.5 per cent lower. The All Ordinaries Index, fell 13.0 points to 2,461.7. Turnover was 347.51 million shares worth A 51.41 billion with falling stocks outpacing rises 550 to 378.
      AFP  -  586 words
    • Article, Illustration
      Lock icon JAKARTA
      725 20 AFP Composite Index +4.05 SHARE prices closed 0.6 per cent up yesterday as investors focused on the listing of lowcost credit company PT Putra Surya Multidana. dealers said. "Basically trade was largely centred in Multidana and some secondary stocks," said a dealer with a Hongkong brokerage. The Jakarta Stock
      AFP  -  725 words
    • Article
      Lock icon MANILA
      351 20 AFP P Manila -35.06 SHARE prices closed 1.2 per cent lower in thin trading due to a lack of market-moving news. "Last week we had the property and banking sectors being battered. There is nothing to really change the direction of the market right now." said Tessa Puno of
      AFP  -  351 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Blue chips still caught in selling spree
        545 21 AFP CI Composite Index -liM MALAYSIA'S key stock index closed 1.3 per cent lower yesterday on persistent selling of blue chips due to central bank curbs on loans for shares and properties. "Foreigners viewed the curbs as a fundamental change and they want
        AFP  -  545 words
      • Article
        Untitled
        8251 21 INDUSTRIALS ConswiMf products 1997 LMt Vol Day Net Cap High Law Company Sat* OOP High Low P/C Smll 790 600 Ajinomoto 645 35.7 261.4 448 300 Anqkasa 314 -2 18 314 312 9.3 463.0 905 670 Apollo Food Hlq 700 -20 2 700 690 280.0 428 189 Bcrjaya ind 299
        8,251 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
        3721 22 BONOS, LOANS ft WARRANTS wt ,-ot Last Vol Day L«»t Quote Avg High Low Stno Company Wo *.r- COOO> H*h Low Buyer SeNer Price 68 45 m 3000 m AMOB c5.5*>*****6 47.5 5 4 5 62 41.5 3)60 -Acer ******1 US$ 45 3 45.5 45 45 4b.| 131 77 3164
        3,721 words
      • Article
        Guthrie Holdings warrants worth looking at for long-term gains
        198 22  -  WARRANT WATCH Ven Sreenivasan THIS is not exactly a great time to be investing in warrants. But if you are a die-hard warrant investor, it pays to look around for something that has a long expiry period and strong fundamentals. This
        198 words
    • Article
      CLOB INTERNATIONAL
      2253 22 MALAYSIAN STOCKS Gr Gr ,oo 7 Last Vol Day Last Quota OK Wv YW Net M Cap Ht» Lw Stno Company M» rOOO> High Low Buyer Seier Cw M "Tjfl 1n W -14 18 346 332 334 346 SO4.9 0.4 68.0340.6 137 «.S 2\m Zm&ZZZZIn OS 287 94
      2,253 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1669 23 TURNOVER COOO) VALUE ('OOO) Mate CH» T*«» Mtn tt> Trtl Industrial 22.186 5.783 27.971 79,671 10.229 89.900 Ftaanct 6,032 3.313 9345 72,255 6.344 78.599 HottlJ 495 668 1,163 1.211 1.277 2.489 Proo*rt.»s 4.417 5,489 9.906 25,370 7 541 32,911 Plantation 2.130 2,130 4,878 4,878 Mirvina 126 126 328 328 BU»
        1,669 words
      • Article
        MAIN BOARD
        5076 23 Transaction Date -Apr 28 Cr Cr M wt 1 4Jt Vol Day Last Quota Olv Ot» Ytd Nat Cap Avg High Low StNo Company Sale *h_ 000) High Low Buy.r Seller Cvr P/t Smll Price INDUSTRIALS 5146 ASENTS***** US- aa 885 885 1275 ASF USSO-Ot 100 US885 885
        5,076 words
      • Article
        SESDAQ
        1160 23 Or Or M Wt 1997 Last Vat Day Last Ouota DW Dhr YM Nat Cap Avg Hiqh Law StN« Company Sale COOO) jgg Im twyec IHir Cw Pit $m« Prtea SESOAO 186 115 e 2000 A BR Hldgs 5c H5 £d 116 125 3.0 6.0 0.1 164.3 511 "9
        1,160 words
      • Article
        Untitled
        231 24 Stacks Sin Soon HK)c 45.929.000 SingTel 15c 5.970,000 •Kl Industries 2,467,000 HK Land US$0.10 2.134,000 West moot Land 2,022,000 JMH US$0.25 400 1,851,000 Keppei Corp 1.631,000 UOB Foreign 1,495,000 OCBC Foreign 1.260.000 DBS Foreign 1.228.000 Stocks Sin Soon H 10c 33.668.734 OCBC Foreign 21.094.400 DBS Foreign 20,824,803 UOB Foreign 20,675.000
        231 words
      • Article, Illustration
        HOT STOCK
        74 24  -  -if! Shiv Taneja SINGTEL, which has been in a freefaU the past several weeks, closed yesterday 13 cents lower at 12.38 on a volume of 5.57 million shares. While the daily and weekly RSI and Stochastics charts cuy well below 25, there appears to be more downside for
        74 words
      • Article, Illustration
        STII falls below 2,000 amid talk of more property curbs
        650 24  -  STOCK MARKET COMMENTARY Heavy overhang of bearish sentiment; market watchers see bourse falling farther in the weeks ahead Ven Sreenivasan PERHAPS the writing was on the wall when trading here was suspended yesterday morning due to a computer-re-lated technical fault.
        650 words
      • ON THE GRAPEVINE
        • Article, Illustration
          Different strokes
          189 24 THE plot thickens. Raymond Lum Kwan Sung, executive director of Lum Chang Holdings (LCH), was reported to have faxed a statement to the media on Sunday categorically denying all allegations of insider trading involving the shares of APL, which is being taken over by Neptune Orient Lines. The
          189 words
        • Article
          Good going for CPF fond
          112 24 The liberalised Central Provident Fund rules on investment appear to be going down well with investors. The Schroder Enhanced Trust (the fund manager's second CPF fund) has raised just over $28 million at the end of its month-long launch period. Also, the word is that
          112 words
        • Article
          Unfinished business
          70 24 Something is fishy at the recently launched River Place condo project. Our photographer showed up at the showflat over the weekend but was turned away. No photos were permitted, he was told. Free publicity must be an alien concept to people at Far East Organization, the developer of
          70 words
        • Article
          A massage from the board
          110 24 THAI companies are heading for troubled times, what with the downturn in the stockmarket and contractions in certain sectors of the economy. So we can understand if management wants to soften up shareholders in case the news is bad. But this gesture from the board
          110 words
        • Article
          Reverse mortgage
          108 24 FRANCE is the the only country where reverse mortgages have taken off so far, according to Great Eastern Life's chief, Tan Beng Lee. Could it have anything to do with Jeanne Calment who in February celebrated her 122 nd birthday? Ms Calment of Aries, France, is officially the
          108 words
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      Page 15 Advertisements Column 1
      109 15 Vl nonstop *<»,vo Your Choice: 7 flights a week to Zurich 3 non-stop flights You can now fly non-stop to Zurich on Thursdays, in addition to our usual Tuesday and Saturday non-stop flights. Our departure times are convenient and passenger friendly. And your journey is a refreshing one. Swissair believes
      109 words
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      569 16 JEREMIAH HOLDINGS LIMITED OFFER FOR AURIC PACIFIC GROUP LIMITED ("APG") ANNOUNCEMENT In connection with the unconditional cash offer ("Offer") by Overseas Union Bank Limited ("OUB") for and on behalf of Jeremiah Holdings Limited (the "Offeror") for all the remaining shares of APG not already owned or controlled by the Offeror,
      569 words
    • Advertisement
      Page 16 Advertisements Column 2
      92 16 This announcement appears as a matter of record only April 1997 UNCONDITIONAL CASH OFFER by Overseas Union Bank Limited for and on behalf of JEREMIAH HOLDINGS LIMITED (Incorporated in the British Virgin Islands) to acquire all the issued ordinary shares of $0.50 each in the capital of AURIC PACIFIC GROUP
      92 words
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      Page 17 Advertisements Column 1
      60 17 Tung Centre 1,566 sf-3,165 sf Parkway Parade 925.36 sf/1,592.48 sf Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,991 sf to 13,982 sf 172/174 Pay a Lebar Road Short term lease 15,435.58 sf/14,477.58 sf First Capital Property Management Pte Ltd Si r (A member of First Capital Corporation Group) Tel: 437
      60 words
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      Page 17 Advertisements Column 2
      84 17 EXECUTIVE Appointments To advertise call toll-free ISM-741 1883 CAREER OPPORTUNITIES IN INDONESIA A leading Jakarta Securities firm is looking for qualified candidates with university degree for the following positions: Institutional Sales (IS) Research Analyst (RA) Degree in Finance or Accounting preferred Minimum 2 years work experience in a similar field
      84 words
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      28 20 For real-time stock information, Scall Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      28 words
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  • Page 23 Advertisements
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      Page 24 Advertisements Column 1
      323 24 BUSINESS Notices NOTICE IS HEREBY GIVEN that, I Wang Chew Lang of Blk 218, Marsiling Crescent, #04-55 Singapore *****8, have applied for a Beer House (first class) in respect of M/s Chye Seng Eating House located at Blk 431, Clementi Ave 3, #01-296 Singapore *****1, and that this application will
      323 words
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      Page 24 Advertisements Column 2
      311 24 NOTICE IS HEREBY GIVEN that, I Lee Boon Chwee of Blk 225 Pending Road #06-163 Singapore *****5, have applied for a Retail Liquor Shop in respect of M/s Find It Here Trading located at Blk 399 Yung Sheng Rd #0152 Singapore *****9, and that this application will be considered by
      311 words
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      Page 24 Advertisements Column 3
      318 24 NOTICE IS HEREBY GIVEN that, I Ang Siew Khim of Apt Blk 228 Serangoon Avenue 4, #08-57 Singapore *****8, have applied for a Retail Liquor Shop Licence in respect of M/s Isetan (Singapore) Limited located at 350 Orchard Road, #B 1 -00 to #04-00 Shaw House Singapore *****6, and that
      318 words
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      Page 24 Advertisements Column 4
      258 24 CHINA INTERNATIONAL TRUST AND INVESTMENT CORPORATION U*****,000,000 FLOATING RATE NOTES DUE APRIL 1998 In accordance with the provisions of the Notes, notice is hereby given that for the 6-month interest period from 29 April 1997 to 29 October 1997, the Note will carry an Interest Rate of 6.625% per annum.
      258 words
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      Page 24 Advertisements Column 5
      465 24 To advertise call toll-free 1800-*****83 M THE MATTER OF THE COMPANIES ACT. CHAPTER 80 AND IN THE MATTER OF BRUEL A KJAER SINGAPORE PTE LTD (IN LKMMOATION) Extract of the Minutes of an Extraordinary Ganarai MaaMng of tha Company haid on tha 22nd day of April 1997:•SPPCIAL RESOLUTION' That tha
      465 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      319 25 Reuter PANAMAXES remained under pressure in the east |oth rates lower again and little evidence that the fall Sis bottomed out, brokers ggd. Holidays are likely to keep rates at low levels. Clarkson Wolff said in |ts daily Biffex market report that the Baltic pjeight Index was a
      Reuter  -  319 words
    • Article
      MARITIME STOCKS
      226 25 m m 3 k 1% W^NHk I0tt SI *f- w_ S*U»allni 123 «*> 7 Hup 0.999 -0.019 42 MMUMM-U3 WCft 12 frfMMLMfcl 0909 "004 2*7 HZ 0.97 -003 43 WUCM2MW 0.73 -002 10 iriTHf p MK 5.60 Jay* lliwmi LOO J* Jaffna Shipyard 4JO une* 100 KMrfCaff 4J5
      226 words
    • Article
      PCL may diversify into feeder services and logistics
      513 25  -  Gronp wants to complement its two main activities of dry talk, liquid carriage By. Felix Chan [SINGAPORE] Mainboardlisted Pacific Carriers Limited (PCL) hopes to diversify into areas outside its two main activities of dry bulk and liquid carriage, and may go into
      513 words
    • Article
      Lock icon Kvaerner, Boeing team up in US$5b sea base project
      261 25 US Navy base to become world's largest mobile offshore platform FT [LONDON] Kvaerner, the An-glo-Norwegian engineering and construction group, has joined forces with Boeing of the US to develop the world's first offshore air base for the US Navy, in a
      FT  -  261 words
    • Article
      Lock icon World merchant fleet at record high last year
      383 25 Bloomberg [LONDON] The world merchant shipping fleet reached an all-time high in 1996 at 84,264 ships of 507.9 million gross tonnage, up 17.2 million gt since 1995. According to World Fleet Statistics 19% produced by Lloyd's Register, this figure is based on
      Bloomberg  -  383 words
    • Article
      Indon official is MPA's first guest under new programme
      217 25  -  By' Yong Mei Fong [SINGAPORE] The Maritime and Port Authority of Singapore has launched a programme in which it invites key maritime figures to Singapore, and has as its first guest Rear Admiral (Retd) Soentoro, Indonesia's director-general of sea communications. Rear-Adm
      217 words
    • Article
      Lock icon Nepline wins Shell deal
      44 25 Bernama [KUALA LUMPUR] Nepline Bhd, through its associate company, Nepline Haulage Sdn Bhd, has secured a threeyear contract from Shell Malaysia to transport its petroleum products, executive chairman and chief executive officer Nik Mohd Zain Haji Omar said yesterday. Ber
      Bernama  -  44 words
    • Article
      OOCL adds NZ ports to its network
      174 25 (SINGAPORE] Hongkongbased Orient Overseas Container Line (OOCL) is expanding its shipping network by adding port calls at New Zealand. The carrier has launched a new service between New Zealand and Asia. Europe and North America. Under a slot purchase agreement with Singapore's Pacific
      174 words
    • Article
      Lock icon Japanese tanker capsizes in Kobe port, killing 2
      141 25 Reuter [TOKYO] A medium-sized Japanese tanker capsized in the port of Kobe in central Japan on Monday, killing two of its crew members and spilling some fuel oil in the port, Japanese maritime officials said. The 196-tonne Shoei-maru, carrying four crew members
      Reuter  -  141 words
    • Article
      Lock icon Global, Grand alliances court Hyundai
      209 25 Journal of Commerce [LONDON] Members of both the Grand and Global alliances have approached Hyundai Merchant Marine about possible membership. The South Korean carrier is operating on its own in the Europe-Asia trades after splitting up from Mediterranean Shipping Co and Norasia Lines in February.
      Journal of Commerce  -  209 words
    • Article, Illustration
      Lock icon Steering into profitable niches
      1011 26  -  NORWAY'S SHIPPING INDUSTRY: STRATEGY PAYS OFF Norway's shipowners, who control one of the world's largest merchant marine fleets, avoid containerships and make money in specialised trades that need long-term relationships with customers and trades with high entry, exit barriers Janet Porter Journal of Commerce THERE'S money
      Journal of Commerce; FILE PHOTO  -  1,011 words
    • Article
      INEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      251 26 PAGE Eastmal 5 I EAS Intl II AW. 3 AtX« 4 EES 12 Accord 12 Ahrenkiel 4 EuroHans 6 5 zr i w jmow n 6 FoongSun 12 Avant 6 r JV. rrx wotkj f JJf J GUnfc 4 m™o I G««artrans 13
      251 words
    • Article
      SHIPPING GUIDE
      15926 32 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA A«v*rt!»r Vassal Voya* T**»ona ETA ETA Adv*tlS* Vassal Voyaga Ta*p*»n. Sin n#st'n Nam* Nam# Numbcf Nombar SIN Dast n Nam# Naroa SBHB&MHHSENMMMMMMMMMMMNMNMMMMMMMMMNMMNNMMMNI To BOSTON (80S) 2054 A Massachusetts, United States To ABIDJAN (ABJ) 2003 01/05 27/05 Hant* m. Yokohama ome Ivory Coast. Cote
      15,926 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        656 39 VmmI VoyMo Bfth Arrival 0«pirt«r« UailnM *348 J *J02 aMnqsidt ».(Hg300 St Ury 8akt 3**97 J01 atoncpjd# M.0O730 K Pa, mm *****7 J01 along*** 28 04/1500 M WI *****7 J01 atangsid* 28.04/1800 KMOOI *****7 J01 ataapMt St Sary *****7 J01 akwpjd* 28.04/1400 C Proof ru LH2804 JIO akmeUt
        656 words
      • Article
        CONTAINER SCHEDULES
        1739 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclnq/Minci Bitls Ship Voy Mo Etb/Btr Nfkd Frw To from Aci Lmwhr 0231 JO/WOO U 21/800 2**S9 2*1900 mmm u» jo/uoo a~ 2t£oo a/*59 a 2*ttoo 29/0459 nmoo 1 29/0700 29/09 »/M00 4 29/1200 29/M59 29/1700 OVWOO M 2*800 2*1459
        1,739 words
      • Article
        GLOBAL HOLIDAY
        195 39 Afr» Japan: Greenery Day. Apr 90 Netherlands: Queen's Day. Mayl Belgium: Labour Day. China: Labour Day. France: Labour Day. Malaysia: Labour Day. Norway: Labour Day. Philippines: Labour Day. Singapore: Labour Day. Sweden: First of May. May 3 Japan: Constitution Day. May S Japan: Children's Day. Nether land: Ascent
        195 words
      • Article
        COCKETT BUNKER MARKET REPORT
        663 39 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        663 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        358 39 Carta* 110 Mai 992.5 ».1 16-8 0.11 71 0.00 Apr24 Mt) Water hsMw Art Sedhaeat NoaboME25 I J A -J 340 Aw 986.4 0 J 12 7 0.07 31 0.02 »ZZ 340 Max *95.9 7.0 17.9 0.14 41 0.07 IMn M/M »MrfM W Wo ataat C35
        358 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Call for more cooperation in air cargo industry
        474 40  -  Customers, forwarders and integrators will all gain, conference told Froml Selva Kumar in Sydney DHL South-east Asia's Singa-pore-based regional managing director Graham Davey has called for more cooperation within the air cargo industry to satisfy the demand for various types of air
        474 words
      • Article
        Lock icon Forwarders, airlines urged to streamline
        266 40 Journal of Commerce [WASHINGTON] Airlines and freight forwarders use too many duplicative processes and need to streamline, a study by Unisys Corp has found. In a comparison of cargo services, Unisys a supplier to and customer of the air cargo industry says it found that
        Journal of Commerce  -  266 words
      • Article
        Lock icon Ford plans zero emission fuel-cell car
        257 40 NYT IWASHINGTON] Ford Motor Co plans to build a prototype electric car that gets its power from a fuel cell rather than from batteries, the company and the Energy Department said last week. The car will carry compressed hydrogen gas, which the fuel cell
        NYT  -  257 words
      • Article, Illustration
        Lock icon Pocket car park lots
        89 40 [TOKYO] Nestled between buildings and narrow streets, cars are parked on a tiny pocket of land turned into a low-priced parking lot in Tokyo. By transforming such land into parking lots, Japanese company Park 24 is trying to prevent the current headache of hunting for a
        REUTER  -  89 words
      • Article
        Lock icon India installs latest radar at int'l, domestic airports
        265 40 AFP [NEW DELHI] Indian authorities have begun installing the latest radar to monitor growing civilian air traffic and to help the military track rogue aircraft, a newspaper reported yesterday. The Indian Express said the Monopulse Secondary Surveillance Radar (MSSR), which has a
        AFP  -  265 words
      • Article
        Lock icon Airbus pitching its A330, A319 at Indian Airlines
        294 40 Business Line [NEW DELHI] Unfazed by the lack of any discernible progress of Air India's multi-bil-lion dollar MCLR (medium-ca-pacity long range aircraft) acquisition programme, Airbus Industrie has targeted its sales pitch at the fleet replacement programme of its sister carrier, Indian Airlines.
        Business Line  -  294 words
      • Article
        Lock icon Boeing will seek US govt help if EU blocks merger
        252 40 But Boeing and McDonnell still helping in EU probe Reuter {WASHINGTONI Boeing Co and McDonnell Douglas Corp, unwilling to concede Europe's authority to derail their proposed merger, are ready to ask the US government for help if necessary. Nonetheless, the
        Reuter  -  252 words
      • Article
        Lock icon Malaysia's Perodua unveils M$1.3b expansion plan
        258 40 AFP [KUALA LUMPUR] Malaysia's second national car maker Perodua yesterday unveiled a MS 1.3 billion (*****.5 million) five-year expansion plan to boost production and enhance its market share. Perusahaan Otomobil Ked ua Sdn Bhd (Perodua) managing director Abdul Rahman Omar said the programme included
        AFP  -  258 words
      • LOG Book
        • Article
          Lock icon Philippinas, Japan to expand flights
          68 40 AFX-Asia [MANILA] The Philippines and Japan have agreed to raise the frequency of passenger and cargo flights by their designated air carried to 43 every week from the existing 84, Pacific East Asia Cargo Airlines director for external affairs Reynaldo Rodriguez said. But he said
          AFX-Asia  -  68 words
        • Article
          Lock icon Japan's auto exports up 6.2%
          74 40 AFP [TOKYO] Japan's motor vehicle exports in the year to March rose per cent from the previous year to 3,047,866 units, backed by the yen's decline against the dollar, an industry group said yesterday. Car exports grew 7.5 per cent to 24)67,668unit5, while exports of
          AFP  -  74 words
        • Article
          Lock icon US Airways may lay off pilots
          66 40 AFP [WASHINGTON] US Airways will begin laying ofT pilots and other employees on June 30 unless they agree to cost-cutting measures involving Job losses, The Washington Post said over the weekend. The paper quoted company sources as saying the layoffs would come into effect
          AFP  -  66 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1509 40 city hi n hit no AkaOkaN CV794 1940 TG407 2105 TG408 0620 AMUUa SO230 1830 0f82 2055 Of81 1930 HoCMMWi VN741 1310 GAS 38 1210 Aastariaa S0327 0005 GA692 0030 J™ u>n 6A897 1045 KL644 0040 j™ 73 »05 ***** 1420 KL837 1455 KL838 2300 0L26
        1,509 words
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      16 25 Norway's shirring tines steer into profitable niches Strategy of avoiding container ships pays off. Page 2
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      Page 25 Advertisements Column 2
      323 25 Call for more cooperation in air j cargo industry Customers, forwarders and integrators will all gain, conference told. Back Page Cowing lip: Events Galore in May 1 A number of international events will be staged in Singapore next month. Make a mark in your diary and watch this space for
      323 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      723 26 SIUWUIS UUUIWVA V ""-r w 1 1 I 1 vcsa vot om su u w H vtssa vot <a oah m mnmuumm www «vm io*4 io*4 ivS 01/ M mmmmmt is ii/m is/m w/m w/u m/m m/m UMSMT 07WS1S 14/ M 17/ M 17/ M 11/ M 01/05 >»/M 11
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      Page 26 Advertisements Column 2
      482 26 UnM wvtOM reprMtntod S*pora Nrtontf Shipping Assoc Awocafcm. IAL Container Line I (UK) Limited I A< Marine Transport Resources S' Pre Ltd Tel 223 8380 Fax 223 8387 "The I Epitome I Service" I Weekly to the Indian Sub-continent and Middle East I >.*r~ jr*rn ***&££> I i H mEXPORT
      482 words
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      Page 27 Advertisements Column 1
      823 27 I PAORC SOUTH WEST EXPRESS (MRECT) ALSO ACCffTING MAMAUS I TZZ Imwl mi I c«im ltMtm I lAI Ibh Im I Ofl I nk lOL I HOU 1 WOi ISU 1 mam >m Iwmlmm U* MM LI M U* ffj wirams ti* MM ii/ts hm *M MM _»/»_|JJ* -J155--SS-m<m —-BrwTO"~s7B"TOny?»r^g:jsg:^l^gl-gg-3^:^l
      823 words
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      Page 27 Advertisements Column 2
      1383 27 (g) HANJIN SHIPPING U»A CANADA* lin haul/vot lull f» HI In wr loifwr db» |nt |ww|—|« mc AT m m m|m tm ii imwiibi 5* m/m 14i/w b/m m/m a/* a/* a/w m/w a/* a/* a/* ty/w »/w m/w m/m _Mflg_ r===r «7/M In/K I 14/ M 31/ M 41/
      1,383 words
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      Page 27 Advertisements Column 3
      81 27 ORIENT EXPRESS UNES (U.K.) LIMITED flSf, (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAjJBOMBA)n_SHUTTLE_ VBSa VOY SMICAfOti WHAT VBStt VOY WHAT gjjjWll NOROKAP 410 02/05 10/05 NOBDKAP 409 25/04 02/05 LEEBORT 917 11/05 18/05 LEEROKT 916 04/05 11/05 SINAR TOBA 211 18/05 25/05 SINARTOBA 210 10/05 18/05 NORDKAP 4*ll 24/05 31/05
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      Page 28 Advertisements Column 1
      1371 28 f<r DSR-SENATOR in Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT Ivtssa Ivoy |w| WTM |«HV HOM |ax low I |lha IktmHowv |hm< Ifu |*in law HAMKJMSBMKW WF7S" *5" ~HW ~OM "175" "HIT" "HS" *0 06 CHOYNMIWTORY t£7lo 11.04 MMH* lIM 00 OS HMUWEUZMFTH **721 M B »SB S
      1,371 words
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      Page 28 Advertisements Column 2
      1239 28 I NORASIAI VESSEL VOY IBM PKL I OOA LAS BCLVALALQROT RK ANT FEL LHA I MSC JASMINE 9716-3 2*44 3M4 IMB IMB 17MB 2M5 2MB 22/85 2MB 2M5 23/06 NOR KIEL 1717-3 Q746 WH ZW» 2MB 2MB 0146 (tt« 2MB MM 3MB 3M5 31/05 I NOR SHANGHAI 9711-3 18/ IB
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      Page 28 Advertisements Column 3
      459 28 ir /V OfiTR ANS^ CONVENTIONAL SERVKE TO THAILAND AND MALAYSIA J BREAKBUIK, RO/RO AND HEAVYUFT ANY WEIGHT THAI FLAG STATUS PWORfTY BOTHS j BllHMllHHilßHUllMllllllUiilßHlUfllH Alii Lgrwi V.44A SAIP W-30/04 3H2/05 I Jayi Van V.O2A MPORT SAAB) 02-03/05 3IHH/0S Asii Express V.47A 05-07/05 M-4M/0S 11-12/05 12-14/ M Jay* V«n V.O3A of-11/0S
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      Page 29 Advertisements Column 1
      1302 29 IvtMCL VOY am POU pko pmn sun ma I wk HUN TVYFOUM PJL-1223 20/03/97 20/03/97 31/03/97 IRAN QHBYAMAT PJL-1229 10/04/97 12/04/97 20/04/97 NUN TAJOm PJL-1224 13/03/97 07/03/97 28/03/97 23/03/97 I HUN TAKHTI PJL-1230 28/04/97 27/04/97 07/08/97 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAUAN,
      1,302 words
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      Page 29 Advertisements Column 2
      1175 29 BMNUKMIIBSWft I |u Wiß r SINGAPORE'S GENERAI AGENTS: 6 SHENTON WAY TEL *****00 FAX: *****0* OUTWARD (l/l) *****02 JOHORE OfFKE; I COSTAR SHIPPING PTE LTD fi7-oi Dts BLDG SAUS/MGS s 4205M1/43 inward DIPT (D/OI *****6S COSTAR AGENCIES (M) SDN BHD CR NO: *****6******1 TOWtt TWO (*****1) CONVENTIONAI *****50/55 T/SHPMIT DgT
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      Page 29 Advertisements Column 3
      400 29 /TTIPKRKAPATJLN DAI ZHUN > jg TONG JOO SHIPPING PTE LTD CR NO; **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KItCMNG-FASTtST TtAMSTf/ MUUtA+WOUTY UHM MO CHI MMH-MDICATID APPU 9720S 01/03 G(WI 9713* 01/05 GMOCK 9705 30/04 6ISOON ***** 03/05 GUOO 9750 04/05 GIHUAT ASIU 03/05 GIWII
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      Page 30 Advertisements Column 1
      1115 30 jmpj mmmmmmmmmmrnm SGP ROM ANW HBG THP ZEE LHV LHV TUP ROM ANW HM PKL MP E RIGHT RW 021 IMS 22/05 27/ M 23/ M 2M» 2MB E. QUEST RE-951 M/M OS/M IW MAM 11AM M/OS 0M» E. ROUHO RW-02S IUS 3V» 31/ M D2/M MM E. GLEEFUL RE-M7
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      Page 30 Advertisements Column 2
      1049 30 li»otT VB«L VOTAGI WWMINDNUHIWIIM VtSSft VOTAGi DM JM AW DMN UN SGP IMOMMO 04SWOT* 30/04 09/0S 10/05 12A» 12/05 UMCOMOtO *****34J M/ 04 20/04 11/04 22/04 23/04 05/05 UN OKMfN *****40* 00/05 11/05 10/05 19/05 30/05 11/05 IMB 7Z/05 UNCOtOM *****37E 17/04 17/04 21/04 71/04 30/04 12/05 Also aoceptng FCL
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      Page 30 Advertisements Column 3
      454 30 1 S NANTAI LINE FUU.Y CONTAINERISED SERVICE TO Mauritius south africa VBSa VOT ISI PU] out (FT mmivaus om v/w os/os w/m 13/ ps JWIlf 014S 03/05 13/05 11/05 72/05 wcmptwffss oi<s 13/05 n/M M> mUIQUBM QMS 72/05 31/05 04/0* Ml wrairowg oiss 02/0* \m nm mmvaus 020s 12/0* ?i/m
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      Page 31 Advertisements Column 1
      762 31 1 BSfl iIT MYANMA FIVE STAR UNE r (Myaanor National Um) Laodiag for Ymjm (Rao«ooa) VISSU VOY SM PIG PfN KU PAGAN J4JW SU HPA-AM 2JJW SID MAIATSU AUNTS: MIISTIAD SiNPPMG AGtNCKS KUL m 03-03-***** M Ptt: TU 02-OJ-J7MIOI 1 POt HI 02-04-*****02 PGO-. HI 02-07-*****21/4 BANK LINE (A if<k»
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      Page 31 Advertisements Column 2
      1198 31 Ik HYUNDAI I MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 i«* I M I Ptt I VKSfI VOT I'swllfll 1 W AMI I HAM 118 1 Jft iS/04 25/04 26/04 HI IiCIWt" 304W 27/04 14/05 15/05 17/05 17/05 17/05 20/05 S/55 02/05 03/ MS MtSolr 106W 04/05 21/0
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      Page 31 Advertisements Column 3
      634 31 FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 y HOT LINE: *****33 (30 UNES) FAMOUS LOGISTIC (M) SDN. BHD. (Co. no. *****P) NO. 30 LORONG CEMPENING ***** PORT KLANG, SELANGOR DARUL EHSAN MALAYSIA TEL: 603-*****33 (20 LINES) FAX: 603-*****33 (05 LINES) COMPREHENSIVE SAILINGS TO AND FROM PORT KLANO Our
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      Page 33 Advertisements Column 1
      45 33 To retrieve more schedules, just follow these simple steps... document jLvdS. 740-6000^7^^^ tep be the port your Step key in the four %jj|phone number digit code Key in your Exampte: i fax number To NEW YORK (NYC) 2275 o United States for calls within Singapore
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      424 35 W—kly LCI 4 FCL Servkas to Caribbean hipping A Central America H. SEOUL IS AURORA 184E 705N Port Country 30/04 07/05 Baiiz* City Belize 03/06 10/06 Bridgetown Borbodos 06/06 1 3/06 Cartagena Colombia 05/06 12/06 Cosines St. Lucia 05/06 12/06 Fort de France Martinique 06/06 13/06 Freeport Bahamas 01/06 08/06
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      Page 35 Advertisements Column 2
      1111 35 ADVANCE CONTAINER LINES (PTE) LTD A I I 140 Cacil Street, #12-00. PIL Building. Singapore *****0 til. TEL: *****21. FAX: *****19. TELEX :RS ***** ACLPL 1 CR NO. **********06 I BANGKOK JAKARTA 1 (5 SStM/WMk 10 PAT, J SattM 10 *n, 2 witogi to LCH) (4 UillhW*"* «n —l vKsa
      1,111 words
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      Page 35 Advertisements Column 3
      893 35 l^lSllSi*® CR WO: **********02 vessels voy sw I *d I pso I ieh I ham I htm I thp anr VKXE DC CAPS-LA T2OW 06/06 14/06 16/06 26/06 26/06 26/06 ®?5 ?55— wipnf I MBA L2OH 12/06 21/06 23/06 01/06 08/06 04/06 06/06 VXE D 1 AQUARIUS U2OW 19/06 26/06
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      Page 36 Advertisements Column 1
      1649 36 POL INTERNATIONAL UNE POL INTERNATIONAL jj— PT KiLAMO yaw VOY SIN BKK VESSEL VOY SIN PKL nnii ■■!■!■> V» illl 1 PIYABHUM To. In Pt S* 03/06 OURU BHUM 7743 Wad _30/04 Fri 02/06 MMKtt (BK 1) 4 Sltt/WB uiiuiDiaiy Twuj -M/ 04 Sat 03/0S BUNQA SEROJA 7007 Thu 01
      1,649 words
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      Page 36 Advertisements Column 2
      654 36 A/iccord SHIPPING PTE LTD TO *****54 (40 Line*) FAX *****46 KM KLAMG (U) U7 IMI DIRECT ACCESS TO.: *****57 (IXPORT 600MN0) MSB NMM /0/J JJI IV7 225»M7 (SXFORT DOC), *****64 (IMPOCT) fSMM mUll44i UHLrHTTP://WWW-ACCORD.COM. SO MKJJIU (71) *40 V 7% potr msw potr msm row msm eokt in sin [FAR
      654 words
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      Page 37 Advertisements Column 1
      663 37 SINO EXPRESS SHIPPING I /ZD 11 COLLYER QUAY #06-01 THE ARCADE iBINOTRANSI J 8 (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 SINOEX NO/ SINOTBANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SIN ETAHKG ETASHA 0. GLORY 9712 03/05 08/05 12/05 6. WELL 9712 10/05 15/05 19/05 G.LIK 9712 17/05 22/05 26/05
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      Page 37 Advertisements Column 2
      361 37 M AC-NELS S'PORE HTSIA I Carrier MM CONTB UNO. WC SSt**a:«o4)«Mg» «*HOKOI6(BO)a»WW SURABAYA:(3I)29IfI«O P.KB>WQl«>3)»O«n JKT:pi)W»ia7MO»K«l)M<«a SYDNEY/MELBOURNE I AUCKLAND MV "NOt AMBOf VSOS MV "FREMANTU STAR" V2OS ETA SIN: 3-5-97 ETA SIN: 1-5-97 BANGKOK PIISAN MV "ANOUUIA" V 924 MV "NID HOORN" V 8167 ETA SIN: 1-5-97 ETA SIN: 4-5-97 ¥YO/YOK/UKB/O$A
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      Page 37 Advertisements Column 3
      315 37 GAMMA 3MM RdrrVATwAJK I PAN FORTUNE 2MDS 25/06 RdnVAfWBmrV\JK/Nar Loads E7W. Malaym, Indonesia I ■z. KAPTANOQLU Hodaidah/Jeddah/Aqaba/Eaypt I ■SEA RENOWN HodatdatVJaddaNAqaba I ■EVA MARIA Dubai/Doh4Batvtin/D«nman/Kuwaft I ■AMELLA Dubai/DammarVKuwait I Xoada Singapore. E7W. Malayala. frdonaaia I Loadngtar ■OCEAN HOST Loa Anaalaaffiaw OrtaanJChartaaten/ I NorMMCamdan I ■HUAGUANG Loa Ortaar/ChailaataV I NorWk/Camden I
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      414 38 Shipping Times ""BusinessCentre Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. 5: To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. J) Call 740-6000 Press T key in Document Code *0 Key
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      Page 38 Advertisements Column 2
      337 38 ■gn ***** Products Services J t>* Turnkey Factory Automation System Automated Storage and Retrieval System < Automated Guided Vehicle System (AGV) Full Range of Conventional Pallet Engineering Services 1 !1! -^H^^^^^lll^BilTfPßnr9Sß]rS!SEßlfl>lHHHH!l^Ht MBmK r iP» B 2B JBJB T^l^B R Multi-storey warehouse: *«»a~».13 10,000 square metres currently available (1,800 to 2,000
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  • Page 39 Miscellaneous
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      Page 39 Miscellaneous Column 1
      123 39 LEGEND: R Thunderstorm Temperoture c A\ V Shower Weother ~y Wind d*ection with speed m knots Rom Cloudy Sky Wove he,9ht Serfoce winds or* indicated by arrows which Hy with the wind \Zs circle represents cotm or hght and variable wnds 1 One hotf fleche represents 5 knots I—•- One
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      56 40 M.V. "TWINKLE ACE" V 97 ARM) 21 APRIL 1997 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the 30 April *****900-1200 hours at PT4. No further survey will be entertained thereafter. As AgeaU: "K" Line Kinkai AB Shipping
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