The Business Times, 8 February 1995

Microfilm: NL19771
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times Wli KNOW ASIA MITA(P) 194/12/94 Wednesday February 8 1995 85'
    13 words
  • 2 am LATEST
    • Article
      Lock icon Dow down 4 points
      60 1 Reuter NEW YORK Blue-chip stocks were slightly lower yesterday as investors took profits from the recent rally. The Dow index was ofT 4.38 points to 3,933.35 at 1 pm EST. In the broader market, advances led declines by a narrow margin on moderate trading of more
      Reuter  -  60 words
    • Article
      Lock icon Mattel profits up
      37 1 Bloomberg Business News EL SEGUNDO, California Mattel Inc, the nation's biggest toy company, said yesterday its fourth-quarter profit from operations rose 44 per cent thanks to strong sales spurred by acquisitions. Bloomberg Business News
      Bloomberg Business News  -  37 words
  • Article
    MARKET SUMMARY
    164 1 Stock Market indite i Tuesday Change STII 2,118.80 -6.09 KLSEComp 975.58 +3.62 Nikkei 18,500.55 -166.68 Hang Seng 8,004.01 +106.21 SET Index 1,329.25 -1.17 Jakarta Comp 457.33 +4.19 CLSA China B 806.42 +1.11 Aust All Ord 1,845.8 -17.1 FTSEI00 3,072.7 +10.7 Taesday Preriow 1pm EST close Dow Jones 3,933.35
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  • Article, Illustration
    YHS names Alex Chan as CEO in management revamp
    680 1  -  By Genevieve Cua Lilian Ang SINGAPORE Beverage group Yeo Hiap Seng has undergone yet another major management revamp. Hewlett Packard managing director Alex Chan has been named managing director and chief executive officer designate barely four months after Chng Hee Kok
    680 words
  • Article, Illustration
    Lock icon Owners of two Fairer sites in for a plum deal
    409 1  -  By Abdul Hadhi SINGAPORE The four owners of nine District 10 properties have joined forces to sell them and could reap easily the best profit so far in such a deal. The sale involves two freehold sites in Farrer Road,
    Photo by Arthur Lee  -  409 words
  • Article
    No Hongkong invasion, JLW assures staff
    488 1  -  Four more senior staff resign By Conrad Raj SINGAPORE There will be no "Hongkong invasion" at Jones Lang Wootton, Singapore's largest property consultants. JLW is in fact looking to appoint stafT from within the local office to replace the directors who have quit the
    488 words
  • Article
    Indocement to sell flour mill in move to shuffle assets
    553 1  -  From Leslie Lopez in JAKARTA INDOCIiMENT Tunggal Prakasa. Indonesia's largest cement manufacturer and a unit of the powerful Salim Group, will soon start a fresh round of asset shuffling. This will feature the sale of its flour-milling operations to its
    553 words
  • Article
    S'pore market takes a breather, brokers say mood still buoyant
    281 1  -  By Quak Hiang Whai SINGAPORE Profit-taking put the brakes on the eight-day rise in the Singapore blue-chip index yesterday. But brokers, encouraged by the robust trading volumes, said the underlying market mood remained firm. While the Straits Times Industrials Index
    281 words
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      281 1 ID Centrepoint 101-30 Tel: 737 4509 Paragon By Sogo #01-19 Tel: 734 9935 *«ws Companies Spore News 2 S>He*sia .15.16.17 Regnal News 3,4,6 Financial 19.20 World News 7.8 F«ate«s Markets Analysis 13 dob/USf. StS 2*26 [Moral 12 feg»nal 22 Spurts 9 World 23 TY/litestyte 11 Currencies 20 Smex/Commo ...2021 M
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      16 1 Regional Analysis: p* 13 Spotlight on Indonesia Clinton courts middle-class with US$l.6 trillion budget, Pg 14
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      36 1 Hock luK'k Siew: Pg 15 uj laH Can the Laus survive at KFC vWU? A Private housing rents down in third quarter, Pg 2 Moves in US to crack down on superich tax dodgers, Pg 14
      36 words
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      147 1 VEO WA ItyftorwjLine: pk n over nuclear treaty Incredible isn't it? But it's easy if you have the Canon' Fax-T2O at home. It's as good as having a telephone. I And much cheaper to use. You see, the Fax-T2O has an auto switchover from telephone mode to fax. Which ,-y
      147 words
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      21 1 t,,k lMl shop Regional markets, Pg 22-26 Fed may now be ready to leave rates stable, says Fed governor Pg 7
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Spending on sports up since 1990
        379 2  -  By Shahiron Sahari SINGAPOREANS arc spending more on sports, according to figures provided by the Singapore Sports Council. A closer look suggests, however, that we could be turning into a nation of spectators rather than participants. The figures could also suggest that more people
        Source: S pore Sports Council  -  379 words
    • Article
      $8m Tampines cable contracts awarded
      92 2 SINGAPORE Cablevision (SCV) has awarded contracts totalling $8 million for the laying of co-axial cables in Tampines, the first housing estate to be wired up for cable television. In a statement yesterday, the company said the contracts are for the construction of cables that will
      92 words
    • Article
      Private housing rents down 2.6% in third quarter
      303 2  -  By Lilian Ang RENTS of private residential properties continued to ease in the third quarter of last year, dropping 2.6 per cent from second-quarter levels. The Inland Revenue Authority of Singapore (IRAS) said yesterday that in total, private housing rents eased by
      303 words
    • Article
      Manufacturers upbeat on business outlook for first six months
      372 2  -  By Chuang Peck Ming MANUFACTURERS see a rosy picture for business in the first six months of 1995. says the Economic Development Board. Its latest survey of business expectations in the manufacturing sector shows the optimists outnumber the pessimists by 19
      372 words
    • Article
      Commerce sector sees good first half
      275 2  -  By Ven Sreenivasan MOST members of the commerce and services sector will enjoy good business in the first six months of this year, judging by the results of a recent Department of Statistics survey of the sector. Companies polled under the survey said business
      275 words
    • Article, Illustration
      Lock icon Students invent filter for kidney machines
      91 2 A FILTRATION system that can save the National Kidney Foundation $250,000 a year is one of 253 projects on display at an exhibition at the Singapore Polytechnic. The five students who invented the system are shown here with their device (left), which is hooked
      Photo by Arthur Lee  -  91 words
    • Article
      Siemens Components to pump US$ 200m into plant
      387 2  -  By Claire Leow SIEMENS Components Pte Ltd plans to pump US$2OO million (***** million) into its plant over the next five years to meet rising chip demand, said managing director Hartmut Lueck yesterday. The fresh capital commitment follows a historic achievement by
      387 words
    • Article
      S'pore is Amex travel services regional centre
      104 2 SINGAPORE has been picked as the regional centrc for American Express (Amex) Travel Management Services' (TMS) rapidly expanding business in the Asia-Pacific. The regional office will act as the focus for the services' operations in Singapore. Malaysia. Indonesia, Japan. Hongkong. Australia. Taiwan. South
      104 words
    • Article
      Kureha Chemicals to build $44m additives plant
      276 2 KUREHA Chemicals plans to build a $43.8 million plastic additives plant which will almost double the company's current capacity here. The new plant, scheduled to come onstream in July 1997, will produce 13,000 tonnes of additives annually. Additives are used to strengthen and
      276 words
    • Article
      Income gives $70m extra bonus on 25th birthday
      359 2 NTUC Income will mark its 25th anniversary this year by giving an additional bonus of $70 million to 300,000 life policyholders. The bonus will be paid over and above the normal annual bonus added to their policies. It will be given to
      359 words
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      74 2 e v e r n Dan.' po Jtntp' Time• ronuo* 9th FEBRUARY 95 Bpm HARBOUR PAVILION Prices: $120 (Limited seats only) $100, $80, $60, $40 Enquiries: Hotline: Fax: 272 0037 348 5555 440 6784 f Ticket* at nil SISTIC outlets A a? A Productions Cold Stora»e-Jelita,WTC, Forum The Shopping Mall,
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Suharto calls for study into causes of sharp rise in inflation
      358 3 Reuter JAKARTA Indonesia's inflation figure for January was more than double the previous month's, prompting President Suharto yesterday to order a study into the causes of the sharp rise. Indonesia's consumer price index rose 1.16 per cent, up from
      Reuter  -  358 words
    • Article
      Jakarta to cut agriculture tariffs, end non-tariff protection within 8 years
      398 3 JAKARTA Indonesia plans to simultaneously abolish nontariff protection and cut tariff rates on more than 1,000 agricultural products within eight years, the Jakarta Post reported yesterday. Minister for Agriculture Sjarifudin Baharsjah told a hearing with Commission IV of the
      398 words
    • Article, Illustration
      Lock icon Picnic in a concrete jungle
      47 3 Reuter HANOI Two female construction workers taking a break yesterday amid concrete foundation for a new building in Hanoi. Women from the countryside usually flock to Vietnam's big cities in search of odd jobs when rice fields do not need tending. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Krasae to be new Thai foreign minister
      199 3 The Straits Times BANGKOK A new foreign minister was picked last night to replace Thaksin Shinawatra, who will quit on Saturday after just 100 days in office due to possible conflict of interest between politics and his telecommunications business. Krasae Chanawong, 60, the
      The Straits Times  -  199 words
    • Article
      Lock icon S'pore, KL firms keen on Cebu site
      101 3 Reuter MANILA Singapore and Malaysian companies are expressing strong interest in investing in an industrial area near the booming central Philippine city of Cebu. Philippine businessman Emilio Osmena yesterday said: "We are negotiating with some Singaporean principals to becomc strategic partners." Mr Osmena
      Reuter  -  101 words
    • Article
      Lock icon IPTN to offer shares after 2000
      81 3 AFP JAKARTA State-owned Nusantara Aircraft Industry (IPTN) plans to offer up to 20 per cent of its shares to foreign aircraft companies after 2000. IPTN president Bacharudin Jusuf Habibie yesterday said: "We are planning to go international in the 2000s, but what we mean
      AFP  -  81 words
    • Article
      Lock icon Japanese interested in Natuna gas
      73 3 AP JAKARTA About 22 Japanese companies are interested in buying gas that will be produced in the giant Natuna field. Faisal Abdaoe, president-director of the state-owned oil corporation Pertamina, yesterday said as part of the marketing strategy, Japan was being given the top priority. Pertamina
      AP  -  73 words
    • Article
      Thailand to propose common mart
      51 3 SINGAPORE Thailand plans to propose an Asean common market during the Asean Summit to be held in Bangkok in December. The initiative was mooted at a round-table meeting of senior Thai officials at a seminar in Bangkok on Monday, according to the Television Corporation of
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    • Article
      Lock icon Binariang in talks with Manila on satellite co-launch
      193 3 AP MANILA A Malaysian firm is negotiating with the Philippine Department of Transportation about co-launching a communications satellite. Government officials yesterday said the tentative plan was for Binariang Sdn Bhd, the company behind the Malaysian East Asia Satellite I project, and Manila
      AP  -  193 words
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      207 3 DBS BANK. SINGAPORE'S LARGEST BANK. OPENS A BRANCH IN LABUAN TODAY. DBS Bank is now present in Labuan, Malaysia's international offshore financial centre, which complements the onshore financial system in Kuala Lumpur. We offer an extensive network of services to meet the banking and financial needs of our clients. II
      207 words
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  • CHINA/ HONGKONG/ TAIWAN
    • CHINA WATCH
      • Article
        Lock icon No date fixed for Jiang's Thai visit
        87 4 AFP BEIJING Thai authorities have several times invited Chinese President Jiang Zemin to Thailand, but a date has not yet been set for the trip, the Chinese foreign ministry said yesterday. The Thai press said on Sunday that Mr Jiang, who is also
        AFP  -  87 words
      • Article
        Lock icon HK office supply expected to surge
        104 4 Reuter HONGKONG Hongkong's grade A office supply will surge by 38.5 million sq ft, a 65.7 per cent increase in gross floor area, from 1995 to 1998, according to projections by property consultants Richard Ellis. The firm said the current total stock of prime
        Reuter  -  104 words
      • Article
        Lock icon Taipei held defence talks: paper
        69 4 Reuter TAIPEI Taiwan's ruling Nationalist Party newspaper reported yesterday that officials had held recent high-level discussions on how best to combat a possible attack from China. The Central Daily News quoted an unnamed general as saying Taiwan's navy and air force were replacing their weapons,
        Reuter  -  69 words
      • Article
        Lock icon Taiwan party arm allowed to invest
        68 4 Reuter TAIPEI Taiwan's ruling Nationalist Party has agreed that one of its investment arms. Central Investment Holding Co, can invest US$2O million (Ss29 million) in two foreign mutual funds, the party's Business Management Committee said yesterday. Central Investment was allowed to invest US$lO million
        Reuter  -  68 words
      • Article
        Lock icon China asset investment growth slows
        74 4 Bloomberg Business News BEIJING The growth rate of fixed asset investment slowed sharply in China last year to 34.2 per cent from 57.8 per cent in 1993, the official State Statistics Bureau reported yesterday. Total investment in plant and machinery reached 1.135 trillion yuan (S$
        Bloomberg Business News  -  74 words
      • Article
        Lock icon Beijing-Taipei seminar on quakes
        87 4 AP HONGKONG Experts from China and Taiwan will meet this month to discuss earthquakes following an improvement in relations between the two former enemies, a China-funded newspaper said yesterday. Wen Wei Po, a Hongkong daily, said the experts were scheduled to meet last year, but the
        AP  -  87 words
    • Article
      Lock icon Head of China's most powerful think tank opposes privatisation
      472 4 Reuter BEIJING The head of China's most powerful think tank said state ownership was the basis of socialism and ruled out following ex-communist countries into privatisation. Yuan Mu, director of the State Council (cabinet) Research Office, presented an emotional defence of
      Reuter  -  472 words
    • Article
      Lock icon Social security system urgently needed: paper
      263 4 AFP BEIJING China's communist party mouthpiece yesterday called for urgent efforts to develop a workable national social security system, saying failure to do so would hinder economic development and risk instability. By regulating relations between different interest groups, such a system can "ease and
      AFP  -  263 words
    • Article
      Lock icon US seeks US$ 8b energy deals with Beijing
      337 4 Reuter BEIJING United States Energy Secretary Hazel O'Leary and a large delegation is due in China later this month, hoping to sign deals worth up to US$B billion (5511.7 billion), despite a trade war between the two countries potentially three weeks away.
      Reuter  -  337 words
    • Article, Illustration
      Lock icon A time-tested design
      46 4 AFP SHANGHAI A newly completed department store, built to look like a giant clock, attracting the attention of passers-by on Shanghai's main Hua-Hai street over the weekend. Shanghai, one of China's industrial powerhouses, has seen a surge in construction in recent years. AFP
      AFP  -  46 words
    • Article
      Asia after Deng need not be less stable: Merrill Lynch
      393 4  -  By Chuang Peck Ming SINGAPORE Asia may face greater uncertainty after the death of Chinese leader Deng Xiao-ping, but not necessarily greater instability, says American investment house Merrill Lynch. "Given China's more open and less distorted economy, post-Deng China should
      393 words
    • Article, Illustration
      Lock icon Newspaper blames US satellite for failure of China rocket
      338 4 Reuter HONGKONG A Chinesecontrolled newspaper in Hongkong yesterday blamed a USmade satellite for the failure of a Chinese Long March 2E rocket last month. "After detailed investigations and analysis by experts and scholars, the cause for the faijure is finally clear.
      Reuter  -  338 words
  • Page 4 Advertisements
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      616 4 ki SINGAPORE INSTITUTE OF MANAGEMENT The first educational and training institute in Asia to achieve SISIR ISO 9000 Certification (1) Salts Mnnigoawnt Betting the Most freai Year Sates Team Mareii 6 7,1995 *****.40 SIM members/*****.70 non-members This two-day seminar will enlighten you on how you should go about managing your
      616 words
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      Page 5 Advertisements Column 1
      135 5 has we have been our people to i9k VHP I' :^vP needs businesses. We S|H£f J -w^ customers venturing abroad are «H| WSr 4^l more employees counting on us to help them. personal responsibility (or k y?%SjS&£jL, ■*a#2&s JfßS&Ssßlfr'' -y^» i WSSm. Our customers by layers Petroleum 'Most These continuous
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  • REST OF ASIA
    • Article
      Lock icon Sri Lanka budget will aim to spur growth, woo investment
      455 6 Reuter COLOMBO Sri Lanka's 1995 budget, projected at 167 billion rupees (555.2 billion), is aimed at boosting economic growth, wooing foreign investment and protecting the poor, official sources said yesterday. The budget projection compares with an estimated 192 billion rupees
      Reuter  -  455 words
    • Article
      Lock icon Europe may shift focus from Japan to other Asian states: EU official
      293 6 Reuter TOKYO A senior European Union official yesterday warned that Europe might shift its business focus from Japan to other booming Asian economies as the trade balance with Japan remained badly skewed. Europe had a strong interest in
      Reuter  -  293 words
    • Article
      Lock icon Australia, S Africa back Indian Ocean free trade and security bloc
      301 6 AFP SYDNEY Australia yesterday announced a conference in June to discuss a plan backed by South Africa's Deputy President FW de Klerk for an Indian Ocean trade and security bloc to include Malaysia. Singapore. India and Indonesia. Mr De
      AFP  -  301 words
    • ASIA NOTES
      • Article
        Lock icon NZ to review national day celebrations
        104 6 Reuter WAITANGI The New Zealand government is to review its national day celebrations after a disastrous commemoration on Monday was cut short by Maori protesters. The Maori protesters, angered by a government proposal to settle land claims, had hoisted a red. white and black
        Reuter  -  104 words
      • Article
        Lock icon Seoul faces tougher US trade pressure
        78 6 Bloomberg Business News SEOUL South Korea's Trade Minister Park Jai Yoon will face tougher trade pressure from Washington when he visits the US next week, in the wake of the trade frictions between the US and China, the Chosun II bo reported. The national
        Bloomberg Business News  -  78 words
      • Article
        Lock icon Former general to head S Korean party
        83 6 AFP SEOUL A military general-turned-politician was yesterday named to head South Korea's ruling Democratic Liberal Party (DLP). Lee Choon Goo. 60. was named DLP executive chairman at a national convention, which was aimed at breathing new life into the ruling coalition before crucial
        AFP  -  83 words
      • Article
        Lock icon Nod for Tokyo supplementary budget
        65 6 AFP TOKYO Japan's Lower House budget committee yesterday passed a supplementary budget for the current fiscal year ending March. The bill revises downward the initial budget by 673.5 billion yen (559.4 billion) to 72.408 billion yen. It was expected to be passed by the Lower
        AFP  -  65 words
    • Article, Illustration
      Lock icon Japan worries about falling birth rates
      572 6 Debate over whether govt should encourage more births to boost economy Reuter TOKYO Japan, worried about its growing number of old people and dwindling birth rate, is locked in a quiet but serious debate on whether it should encourage couples to have more babies
      Reuter  -  572 words
    • Article
      Lock icon Australia wants US to cut farm subsidies that hurt its exports
      362 6 AFP CANBERRA As the US rages over allegedly unfair Chinese trade practices, Australia announced yesterday a new appeal to Washington to moderate farm subsidies which are devastating Australian farmers. Primary Industries Minister Bob Collins said he is to go
      AFP  -  362 words
    • Article, Illustration
      Lock icon Di-hard fans
      37 6 Reuter TOKYO Police trying to keep well-wishers of Princess Diana back during her visit to a senior citizen's centre here yesterday. Ihe princess is on a four-day visit to Japan, which started on Monday. Reuter
      Reuter  -  37 words
    • Article
      Lock icon Tokyo urged to debate measures to fund quake relief
      306 6 AFP TOKYO Japanese Finance Minister Masayoshi Takemura yesterday urged the government to discuss and settle sources of financing for the rehabilitation of areas devastated by last month's earthquake in Kobe. "There is no need to delay the debate. We should discuss
      AFP  -  306 words
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      280 6 THE REALITY OF NEW ZEALAND'S MOST SUPERBLY SITED INVESTMENT LIFESTYLE OPPORTUNITY BEACHCOMBER RESORT HOTEL PLUS LUXURY OWHERS RESIDENCE BAY OF ISLANDS Magnificently sited on o bench-fringed FEATURES' headland nth spectacular views -7970 m'Freehold Land across New Zealand s famed Bay of Islands, Beachcomber Resort Hotel 6 p 4m Bu,ld,ngs provides
      280 words
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  • THE WORLD
    • Article
      Lock icon Fed may decide not to raise rates again for some time
      523 7 Bloomberg Business News EVERETT, Washington The Federal Reserve may be ready to leave interest rates stable after a year in which it pushed up rates seven times. "We may be at the cusp of what we're trying to accomplish,"
      Bloomberg Business News  -  523 words
    • Article, Illustration
      Lock icon Discovery calls on Mir
      49 7 lIUTVI vv AFP CAPE CANAVERAL The LS space shuttle Discover)' approaching the Russian space station Mir on Monday. It hovered some 400 feet in front of Mir at the start of a rendezvous that will set the stage for a historic link-up in June. AFP
      lIUTVI vv AFP  -  49 words
    • Article
      Lock icon Former Air Force general Cams picked to run CIA
      516 7 The Washington Post WASHINGTON US President Bill Clinton has settled on Michael CP Cams, a retired Air Force general, to head the Central Intelligence Agency, administration officials said yesterday. An official familiar with the lengthy search for a replacement for R
      The Washington Post  -  516 words
    • Article
      Lock icon Clinton-Kohl agenda will put spotlight on relations with Russia
      444 7 AFP BONN Relations with Russia will dominate talks in Washington tomorrow between President Bill Clinton and German Chancellor Helmut Kohl whom the United States has chosen to be its privileged partner in Europe, government sources in Bonn said. "Bill" and "Helmut"
      AFP  -  444 words
    • Article
      Lock icon S'pore's Kesavapany to head fresh bid to pick WTO chief
      473 8 Reuter GENEVA Senior trade envoys yesterday said they would launch a fresh push this week to reach accord in the increasingly confused contest for leadership of the new World Trade Organisation (WTO). According to the envoys, the bid would be
      Reuter  -  473 words
    • Article
      Lock icon EU commission to discuss TV quotas today
      249 8 Bloomberg Business News BRUSSELS The European Commission begins a debate on the European Union's ailing audiovisual industry today, amid deep divisions over whether to strengthen restrictions against United States movies, and how much aid to give film makers. It will be the first
      Bloomberg Business News  -  249 words
    • WORLD WATCH
      • Article
        Lock icon Justice dept wants Reuter's records
        81 8 Reuter NEW YORK The US Justice Department has requested records from Reuters Holdings pic's Instinet off-exchange trading system as part of its investigation of Nasdaq's trading practices, the Wall Street Journal reported yesterday. It is not an implication that Instinet, a system that is used
        Reuter  -  81 words
      • Article
        Lock icon W German jobless rolls fall
        51 8 Bloomberg Business News NUREMBERG, Germany The number of unemployed in western Germany fell 3,000 to 2,530,000 in January from December, the labour office said. The decrease, which is adjusted for seasonal factors, was smaller than expected. Analysts had forecast a decline of 4,000. Bloomberg Business
        Bloomberg Business News  -  51 words
      • Article
        Lock icon UK won't join EU currency in 1996-97
        70 8 Bloomberg Business News LONDON British Foreign Secretary Douglas Hurd said Britain would not participate in a single European currency in 19% or 1997 even if other member states of the European Union go ahead. He said EU nations would not, by the time
        Bloomberg Business News  -  70 words
      • Article
        Lock icon Israel, Oman move to build up ties
        58 8 AFP MUSCAT Israel and Oman are to press ahead with talks to build up ties, says Omani Minister of State for Foreign Affairs Yussef bin Alawi Abdallah. He said his meeting with Israeli Foreign Minister Shimon Peres on Saturday in Jordan was part
        AFP  -  58 words
    • Article
      Lock icon Ron Brown hits back against Republicans in interview
      260 8 AP WASHINGTON President Bill Clinton's embattled secretary of commerce says intense Republican criticism has distorted his financial practices. "My business dealings have been made to sound sinister, and there's nothing sinister about it," Ron Brown said. He responded for the first time
      AP  -  260 words
    • Article
      Lock icon House votes to give Clinton line-item veto
      328 8 Reuter WASHINGTON The Re-publican-led US House of Representatives on Monday voted to give President Bill Clinton line-item power which will allow him to kill specific spending items without vetoing an entire bill. Republican leaders timed the vote to be an 84th birthday present
      Reuter  -  328 words
    • Article, Illustration
      Lock icon Palestinians want preferential trade pact with US
      378 8 Reuter TABA, Egypt Palestinians, seeking greater access to world markets, were to push for a preferential trade pact with Washington at a meeting yesterday of trade ministers from the United States, Israel and her Arab peace partners. "Palestinian products have not been admitted
      Reuter  -  378 words
    • Article, Illustration
      Lock icon US raising US$ 4.8b from airwave auctions
      495 8 The Clinton budget Bloomberg Business News WASHINGTON The Clinton administration proposed raising US$4.B billion during the next five years by expanding the Federal Communications Commission's authority to auction new slices of the spectrum or charging a fee for the spectrum companies now use
      Bloomberg Business News; Reuter  -  495 words
    • Article
      Lock icon Clinton riding wave of popularity
      237 8 Reuter WASHINGTON A new public opinion poll released on Monday has confirmed a recent upward trend in President Bill Clinton's popularity. The Gallup poll conducted for CNN cable television and the daily ('.9.-1 Today found 49 per cent of respondents approved of the way Mr
      Reuter  -  237 words
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      915 7 Epson unleashes 720 dpi color ink-jet printer I J that produces near-photographic images I Using a proprietary its R&D expense seems to have I J piezoelectric print head technology. Epson I has managed to squeeze high-resolution 600 bubble-jet and HP's 300 dpi DeskJet 560 C show a I I imaqinq
      915 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      284 8 MFMine In English Number Your Daily Stars 8450 The Aquarius Fortune; Win Prizes! Entertainment News 8451 Juicy News Of Tori Spelling <4 Nick Sevalas, Shannon Doherty, Gurmit Singh's TV Wedding Ghost Stories 8452 The Ring; Win Prizes.' Children's Funland 8453 New: Sleeping Lion Face Facts: Life Region 8454 Dreamland 8455
      284 words
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      Page 8 Advertisements Column 2
      156 8 HOTE^O^ALE Quality Hotel Auckland Airport The Auckland hotel market is performing strongly, with significant growth in demand. No major hotel has opened in Auckland since 1991. Auckland International Airport handles around 80% of New Zealand's international arrivals. The Quality Hotel Auckland Airport is well positioned to take advantage of this
      156 words
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  • SPORTS
    • Article
      Lock icon China aims to take on the best in basketball one day
      564 9 AFP HONGKONG China has launched a national professional basketball league which aims, in the words of one promoter, to one day see "the Beijing Ducks take on the Chicago Bulls". The first games of the new men's league, dominated
      AFP  -  564 words
    • Article, Illustration
      Lock icon Abdul-Jabbar makes Hall of Fame
      512 9 NYT NEW YORK In 1961, when Kareem Abdul-Jabbar took the court as a freshman at Power Memorial High School in Manhattan, everyone knew he would be special. He was. He became the best high school player of his day, the best college player of his
      NYT  -  512 words
    • Article
      Lock icon McDermott leads Australia to victory
      550 9 AP PERTH Craig McDermott finished with six wickets as Australia completed a conclusive 329-run victory over England yesterday in the fifth and finai Ashes cricket Test at the WACA Ground. Despite some brief resistance from seventh-wicket pair Mark Ramprakash (42) and Steve Rhodes, Australia was
      AP  -  550 words
    • Article, Illustration
      Lock icon Out on a limb
      51 9 Reuter SAN DIEGO, California A crewman aboard the Rioja de Espana crawling out on a line to reach the spinnaker spar on the first downwind leg in their America's Cup challenger race against France 3 on Monday. France 3 defeated Rioja de Espana by 22 seconds.
      Reuter  -  51 words
    • Article
      Lock icon Adidas forecasts 12-fold rise in 1994 profits
      535 9 Reuter MUNICH Adidas, the German sportswear manufacturer restructured by French investor Robert Louis-Dreyfus, predicted on Monday a 12-fold increase in 1994 profits and said it was considering a public stock offering. Preliminary results showed 1994 pre-tax income of 150 million marks (SSI43 million),
      Reuter  -  535 words
    • SIDELINES
      • Article
        Lock icon Rocket player punches fan
        103 9 AP PORTLAND, Oregon Houston Rocket's basketball player Vernon Maxwell charged into the stands and punched a fan during a game against the Portland Trail Blazers, according to the fan, his brother and other witnesses. Maxwell, teammate Robert Horry and assistant coach Larry Smith were thrown out
        AP  -  103 words
      • Article, Illustration
        Lock icon Ferrari has high hopes for new car
        125 9 Reuter MARANELLO, Italy Alpine skiing superstar Alberto Tomba (right) touching the new 412 T2 Ferrari for good luck, encouraged by Ferrari president Luca di Montezemolo on Tomba helped launch the new Ferrari which the famous Italian team hope will adopt his winning ways
        Reuter  -  125 words
      • Article
        Lock icon Lotus makes stunning comeback
        105 9 AFP LONDON Lotus, declared dead and buried last month, staged a stunning Formula One comeback here on Monday by merging with rival Grand Prix team Pacific. The new team will be called Pacific Team Lotus. Lotus managing director David Hunt said: "This is a major strategic
        AFP  -  105 words
      • Article
        Lock icon French coach attacks 'new-look' England
        68 9 AFP PARIS French coach Pierre Berbizier here on Monday scoffed at "new-look" England and their World Cup chances in the wake of his side's Five Nations defeat at Twickenham. Berbizier, while praising Jack Rowell's "fine team" following their 31-10 win on Saturday, argued: "The English
        AFP  -  68 words
    • SCORE CARD
      • Article, Illustration
        Baseball
        18 9 NEW YORK NBA Monday: New Jersey 101 Detroit 97; Philadelphia 92 Atlanta 107; Portland 120 Houston 82.
        18 words
      • Article, Illustration
        Cricket
        59 9 CHRISTCHLRCH, New Zealand The first test of the three-match series between West Indies and New Zealand ended in a draw on Tuesday. Scores; New Zealand 341 for eight declared (Adam Parore 100 not out. Stephen Fleming 56) and 61 for two. West Indies 312 (Winston Benjamin 85, Shivnarine Chandcrpaul
        59 words
      • Article, Illustration
        Golf
        119 9 PONTE VEDRA BEACH, Florida US PGA lour money leaders (US unless noted): I Peter Jacobscn U*****,961 2 Phil Mickclson 250.523 3 Vijay Singh (Fiji) 236.961 4 John Morse 233.550 5 David Duval 210.013 6 Steve Elkington (Aust) 208,910 7 Bruce Lictzkc 161,733 8 Tom Lehman 153,850 9 Ben Crenshaw
        119 words
      • Article, Illustration
        Tennis
        274 9 DUBAI US$l.O4 million ATP tournament Ist rd Monday: Henrik Holm (Swc) b Alex Corretja (Spn x 8) 4-6 6-2 7-5; Hicham Arazi (Mor) b Karel Novacek (Cze) 7-6 (7/4) 6-7 (1/7) 6-2. MARSEILLE A I P U*****,250 tournament Ist rd Monday: Michael Stadling (Swe) b Fabrice Santoro (Fra x
        274 words
      • Article, Illustration
        Yachting
        116 9 SAN DIEGO America's Cup 2nd rd trials Monday I-ouis Vuitton Cup Challenger Elimination Series: Team New Zealand (Peter Blake) b Tag Heuer Challenge (Chris Dickson) by 54 scconds; Prance 3 (Marc Pajot) b Rioja dc Espana (Pedro Campos) by 22 sec; One Australia (John Bertrand) b Sydney 95 (Syd
        116 words
    • Article, Illustration
      Lock icon New PGA Tour chief right on top of things
      863 9  -  Coif No detail too small, no situation too trifling for workaholic Tim Finchem. Larry Dorman reports Larry Dorman NYT PEBBLE BEACH, California The commissioner of the PGA Tour was striding through the organisation's offices in Ponte Vedra Beach, Florida, recently, checking
      NYT  -  863 words
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      Page 10 Advertisements Column 1
      974 10 Nothing Beats A Bud. WHERE TO WINE, DINE AND ENTCRTAIN OK I I vgM m r I Tll k.oj >'•■ h^\rX- o o k 4 ro I H TW a— t p«.*— ws I H w,P~to*~* oaleymri siM«P* n 10,4 1 H boulevard hotel. Jade Lounge VALENTINE'S DAY GALA DINNER
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      316 10 Toss To I Prosperity Start the Year of the Golden Pig with Pine Court's Prosperity Yu Sheng. Partake in the ceremonial tossing of raw fish salad for a year of abundance, good health and prosperity. ii BEIJING fror reservations, please call 831 6262/6. restaurant Mandarin ||J Singapore 333 Orchard Road.
      316 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Love is Tarantino's pet four-letter word
      802 11  -  Andrew Gray attends the director's public interview where he outlines his philosophy of film-making Andrew Gray Reuter LIKE his controversial film Pulp Fiction, American director Quentin Tarantino is loud, full of energy, difficult to ignore and extremely popular. Even microphone problems could not stop
      Reuter  -  802 words
    • Article, Illustration
      Lock icon Oliver North's secretary was hooked on cocaine
      265 11 CHATTERBOX AP Reuter AP FAWN HALL, best known as Col Oliver North's documentshredding secretary, said she became addicted to crack cocaine after leaving Washington and was hospitalised for an overdose. "I hated myself so much because I couldn't even kill myself. I wanted
      AP; Reuter  -  265 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      314 11 WHERE TO WINE, DINE AND ENTERTAIN fointlpll £t/ak f U JGld For Your Romantic Valentine Candlelight Dinner Come to CaimhiU Steak House for a special 6 course set dinner jgSjV J>nced at S4s+, $55+ $65+ A comp&nemwy rose will be *>«*)/?/ given to ladies and also a /-2a-ATN complimentary photograph
      314 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      484 11 WEATHER Singapore: Windy, with passing showers over a few areas in the afternoon Temperature (24-31*). AsU-PadAc Mi/lo* Com) Europe Mi/Lo* Cond Bueros Aires 29 18 Cloudy Auckland 32/19 Cloudy Amsterdam 06 06 Sno»ers Chicago 01 -8 Showers Bangkok 23/16 Cloudy Alhcrs 05, 4 Shcmers Honolulu 27 18 Su»y Bctjirg 01/10
      484 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      711 11 TV RADIO Hamadryas: The Baboon of SauThe Phantom of the Opera, 10pm, ch m W t Lon V I who been the ft M Opera ft for At Mary ''^M*^' most romantic eape. Erik ab- MdL ui J to realisation 4 jj of Gaston Leroux's nfa, I n Great I'SPHfc
      711 words
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  • Article
    The urge to merge
    500 12 EDITORIAL SYNERGY, global reach, economics of scale. Management consultants were never tired of using these catchwords during the heady 1980s to describe the benefits of corporate mergers and takeovers. That was a volatile era for multinational corporations when big was beautiful, greed was good and billion-dollar
    500 words
  • WHAT THE OTHERS BAY
    • Article
      Curbs for the better
      205 12 SINGAPOREANS who are financially more conservative might have wondered what took the government so long to move to cool the increasingly evident taste for debt among the younger generation a taste encouraged by lenders eager to expand market share and by the lowest interest rates seen
      205 words
    • Article
      Order without barbarism
      134 12 HONGKONG'S police and legal establishment rarely come in for much praise. The most remarked-upon aspect of police work in recent months has been the Aberdeen shoot-out, while the Legal Department's innovative approach to the administration of justice conjures images of trains transporting gravy rather than those of
      134 words
    • Article
      Don't meddle in others9 affairs
      177 12 Don't meddle in others 9 affairs LESS THAN a year ago, the United States backed down from withdrawing China's most-favoured-nation (MFN) trading status after President Bill Clinton was berated by Beijing's leaders at the Seattle Apec summit. Caught between its patronising inclination to proselytise and its hang-ups about consorting with
      177 words
    • Article
      A good and timely move
      125 12 THE NEW GUIDELINES on loans released by the Monetary Authority of Singapore are both appropriate and timely. Finance companies have for some years been encouraging the taking of loans so much so that even undergraduates are borrowing money for holidays and the purchase of luxury
      125 words
    • Article
      Towards a more prudent society
      155 12 THE MOVE by the Monetary Authority of Singapore to tighten loan procedures may cause some uneasiness. It may be seen as squeezing the middle-income group and preventing them from attaining some luxuries in life, like a car. It may also be seen as a pro-rich
      155 words
  • Article, Illustration
    Taking it on the chin, finally
    1308 12  -  Anthony Rowley says Sumitomo's radical move to write off bad debts and declare losses this fiscal year provides a glimmer of hope for the future of banking in Japan Anthony Rowley The writer is BT's Tokyo Correspondent ALL OF a sudden, it seemed that
    1,308 words
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      156 12 BUSINESS TIMES roil. IK i: 1: 11:1 No. 1-BQO-741-1883 FAX:74I-1298 NOTICE NOTICE IS HEREBY GIVEN that, I V. JAYAPARVATHY of No.lB Lim Ah Pin Road #01-02 Singapore 1954, have applied for a Beer House, First Class Licence in respect of premises at M/s Chola Restaurant and Catering Services at 1008,
      156 words
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      Page 12 Advertisements Column 2
      310 12 NOTICE NOTICE IS HEREBY GIVEN that, I CHIOW SAY SENG of Blk 131 Yishun St 11 #05-233 Singapore 2776, have applied for a First Class Public House Licence in respect of premises at M/s Sita Cafe at 1 Coleman St. 81-40 Singapore 0617, and that this application will be considered
      310 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      95 12 oeieoT-. U3HFST tv*l Dev\u \s -wis m TW£.dost ON r t MS DP.SK.TOP' 3 MOWPf*/ —v oe ,ur Qf C 5W c *»»ocwno wwhtob ltd, no.im 937Q DOONESBURY GARRY TRUDEAU 1 iOWO BOOP9&, SH£s AiAYBS ggjNGSAMTD ONLY THREE. J IS ZONHSR 1 7HATSKXJZ M $&%£RP- PONT THINK A SOUM.IJUST M&MT[
      95 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Will the seven headaches go away this year?
      1326 13  -  Special to BT Spotlight on INDONESIA in BTs country-by-country assessment of regional economies ECONOMIC OUTLOOK 95 HARTOJO WIGNJOWIJOTO HARTOJO WIGNJOWIJOTO The writer is a Harvard-trained economist and president director of PT Asian Pacific Economic Consultancy Indonesia (PT Aspecindo Kreasi), based in Jakarta
      1,326 words
    • Article, Illustration
      A landmark year for the capital markets?
      1077 13  -  WILLIAM CHIA WILLIAM CHIA The writer is a BT correspondent INDONESIA'S capital markets could stage a strong turnaround this year despite a lacklustre showing in the last quarter of 1994. The Jakarta Stock Exchange (JSE) has performed poorly in the last few months,
      1,077 words
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      Page 13 Advertisements Column 1
      328 13 ff you are worried about your hair you doubtless study every tiny area of your scalp that seems to show through more than it should. You cant be sure, there j y may not be any problem but then again, it could be J I the onset of baldness. I
      328 words
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  • SINAGAPORE Business Times
    • Article, Illustration
      Lock icon US$l.6 trillion budget woos middle class with tax breaks, spending cuts
      556 14 The Clinton Budget Reuter Bloomberg Business News WASHINGTON President Eiill Clinton has presented a 1551.61 trillion (552.3 trillion) 996 budget designed to woo vital middle-class votes by promising new tax breaks and Spending cuts and challenged Republicans to match
      Reuter; Bloomberg Business News  -  556 words
    • Article
      Lock icon A taxing problem of citizenship for US super-rich
      417 14 LA Times WASHINGTON Alarmed >y a small but growing exodus >f super-rich Americans, the Tlinton administration has >roposed eliminating a loop»olc that allows wealthy individuals to avoid millions ind sometimes billions of Jollars in taxes by renouncing their US citizenship. Administration officials
      LA Times  -  417 words
    • Article
      Lock icon American productivity rises for fifth straight year
      374 14 AP WASHINGTON Productivity in the American workplace rose 2.2 per cent last year, the fifth straight annual advance, as output shot up to a 10-year high. At the same time, an inflation measure posted the smallest annual increase in 30 years. The Labour
      AP  -  374 words
    • Article, Illustration
      NPT: to extend or not to extend? Let's extend the decision
      898 14  -  The Bottom Line MOHAN KUPPUSAMY MOHAN KUPPUSAMY The writer is a BT Journalist IT IS just as well that the United States and the Western powers decided to back away from forcing a decision on the voting procedure to
      898 words
    • Article
      Lock icon Time Warner to buy Cablevision for US$ 2.6b
      348 14 Reuter AP Bloomberg Business News NEW YORK Time Warner Inc yesterday said it agreed to buy cable systems operator Cablevision Industries for stock and assumed debt totalling about USS2.6 billion (Ss3.B billion), in a major expansion of its cable television operations. Time
      Reuter; AP; Bloomberg Business News  -  348 words
    • Article
      Lock icon Quaker out of pet food business with sale of N American unit to Heinz
      328 14 NYT Reuter CHICAGO The Quaker Oats Co agreed on Monday to sell the remaining part of its once-large pet food business to the H J Heinz Co for USS72S million (SS 1.058 billion) in cash, meaning
      NYT; Reuter  -  328 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      262 14 UmCOMMOI I I I Authorised Dealer For Sngapore, China Vietnam I Reach the ASEAN Electronics Market through asiaHS _€LECTRONKS '95 UrMtnds Mimattmzatum Conference and Exhibition on Miniaturization and Portable/Handheld Electronics Design The 11th exhibition of electronics components, parts and assembles for electronics manufacturing 27 30 September 1995, Suntec City, Singapore
      262 words
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      Page 14 Advertisements Column 2
      5 14 More budget stories, Pg 8
      5 words
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      Page 14 Advertisements Column 3
      13 14 II pa COMPAQ I MICRO Consumer Products Centre I #04-40 Funan Centre I
      13 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Hong Leong Industries makes takeover offer for MPI
      435 15  -  From Ho Kay Tat in KUALA LUMPUR HONG Leong Industries Bhd (HLIB) is taking a final step to make Malaysian Pacific Industries Bhd (MPI) a subsidiary' company by offering to buy all MPI shares it does not own at M 54.60 (552.73)
      435 words
    • Article, Illustration
      Former law ministry deputy secretary is HTP Hldgs CEO
      192 15 SINGAPORE Mainboardlisted HTP Holdings has appointed Ng Kiat Chong as its director and chief executive officer. Mr Ng, who was the Deputy Secretary in the Ministry of Law, assumed his appointment with effect from last Saturday. Before his move to the
      192 words
    • Article
      Gadek confirms bid for KL airport contract winner Perspec
      275 15  -  From Ruth Wong in KUALA LUMPUR VEHICLE distributor Gadek (M) Bhd which is in the process of expanding into the finance, property and construction areas yesterday confirmed it has made a buyout bid for Pernas Precision Engineering Construction Sdn Bhd (Perspec).
      275 words
    • Article
      Can George Ting and associates oust the Lau brothers from KFC (M)?
      751 15  -  ptlpiOCK SIEW By Ho Kay Tat KUALA LUMPUR Is it the end of the road for the Lau brothers at KFC Holdings (M) Bhd? It does appear that after months of posturing, Kevin Lau Eng Guang and company
      751 words
    • Article
      NBT's concession buy-up may get nod in modified form
      364 15  -  By William Chia SINGAPORE Malaysian timber company North Borneo Timber's proposed purchase of two Sabah timber concessions may still go ahead in an amended form despite reports that the Economic Planning Unit had given the thumbs down to the deal. According
      364 words
    • Article
      KHJC appoints new chairman
      97 15 SINGAPORE Kay Hian James Capel Holdings has appointed Philip J S Gray, a Briton residing in Hongkong, its new non-executive chairman. Mr Gray, who is also executive chairman of Hongkongbased securities house James Capel Asia Ltd. replaced Kevin Anthony Westley on Sunday. Mr Westley resigned on
      97 words
    • EYEon your STOCKS
      • Article, Illustration
        HOT STOCK
        105 15  -  By Paul Leo PEGI Malaysia has risen 44 cents to $1.25 since Jan 24 but is losing steam. Daily Relative Strength Index and stochastics near 100 indicate a highly overbought condition. But the weekly Moving Average Convergence-Diver-gence Indicator is about to signal a buy. The five-day moving average
        105 words
      • Article, Illustration
        MARKET MOOD
        46 15 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance, Baring, Daiwa, Fraser, GK Goh, Kay Hian. Morgan Grenfell. OngCo, Nomura, Phillip. Smith New Court, W! Carr and SG Warburg.
        46 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Telecom gets nod for Cambodia subsidiary'
          60 16 SINGAPORE Singapore Telecom has received approval from the Cambodia Development Council to form a wholly-owned subsidiary in the country, named Sing Tel (Cambodia). The subsidiary, which holds a 10-vear paging licence, will operate a nationwide paging service in Cambodia. Sing Tel has a registered
          60 words
        • Article
          Hotel Royal unit buys NZ$ 49m property
          78 16 SINGAPORE Grand Complex Properties, Hotel Royal's New Zealand subsidiary, has completed its purchase of The Grand Complex and another three adjoining retail and commercial properties in the country's capital of Wellington for NZ$49 million (Ss4s million). Hotel Royal said yesterday that the purchase
          78 words
        • Article
          UIC lifts stake in Yan Yuan to 36%
          65 16 SINGAPORE The UIC group has injected US$3 million (554.38 million) into Chinese firm Yan Yuan International Hotel (YYI), thereby increasing its equity in the latter from 25 per cent to 36 per cent. The new funds will help YYI, which owns the
          65 words
        • Article
          UOL's GM named new CEO
          51 16 SINGAPORE United Overseas Land's executive director and group general manager Gwee Lian Kheng has been appointed president and chief executive officer of the group, with effect from Jan 1. UOL said yesterday the deputy general manager. Wey Kim Long, had assumed the post of general
          51 words
        • Article
          LC Dev raises issued capital of 3 units
          70 16 SINGAPORE Three wholly-owned subsidiaries of LC Development Hillgate Investment, Cesfield Holdings, and Torex have raised their issued share capital to $1 million. The subsidiaries had entered into agreements to buy properties at Holland Road, Jalan Loyang Besar and Draycott Drive recently and
          70 words
        • Article
          Lock icon YHS (M) names Alan Yeo's successor
          54 16 Bernama KUALA LUMPUR Yeo Hiap Seng (Malaysia) Bhd yesterday announced that Borhan bin Kuntom has been appointed chairman of the company, replacing outgoing chairman, Alan Yeo, who has retired from his positions with all the company's subsidiaries and associated companies. Mr Borhan is a
          Bernama  -  54 words
      • Article
        UNIT TRUSTS & FUNDS
        573 16 UNIT TRUSTS FUNDS Manager* prices Feb 7 US Gr F und 098 101" Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.61 1.70 Unifund 1.35 1.41 The Sav ings Fund 1.51 1.60 1 1 nibomJ 1.02 1.045 S'pore Prog Fund 0.57 0.61 United Cir Fund' 1.58 1.65 S'pore Sec
        573 words
      • Article
        DIVIDENTS ANNOUNCED
        262 16 Payment Kx Books Fay (*S>) date close date Asia Pacific F 20N Fch 6 Feb 10 Feb 22 Avimo 20 F I2.5TE Mar I Mar 7 Apr 15 Bcrjaya Group I 6 Mar 7 Mar 21 Apr 21 Bcrjaya Ind 1 3.5 Mar 7 Mar 21 Apr 19
        262 words
      • Article, Illustration
        Lock icon KL embarks on national motorcycle project
        398 16  -  From Ruth Wong in KUALA LUMPUR MALAYSIA moved closer to becoming a full-range vehicle producer yesterday. The latest project: a home-made motorcycle. This project will be undertaken by Diversified Resources Bhd (DRB), which yesterday signed a preliminary agreement with two Japanese giants Kawasaki Heavy
        AFP  -  398 words
      • Article
        Lock icon Telekom to provide Iridium handphone service
        395 16 NST KUALA LUMPUR Telekom Malaysia Bhd will be the service provider in Malaysia for the satellite based global cellular telephone network, known as Iridium, which will be operational by the end of the century. It is expected to sign an agreement tomorrow with two
        NST  -  395 words
      • Article
        Pembinaan Limbongan Setia's public share offer 70.5 times subscribed
        271 16 KUALA LUMPUR Pembinaan Limbongan Setia Bhd's (PLS) shares available to the public were subscribed 70.54 times when a total of 81.969 applications were received for 156.59 million shares. Malaysian Issuing House Sdn Bhd's general manager Fauziah Ibrahim said yesterday. The company
        271 words
      • Article
        Lock icon TH Loy unit to buy stake in Indon contract
        143 16 Bernama KUALA LUMPUR TH Lay Industries (\1) Bhd's whollyowned subsidiary. Probadi Sdn Bhd, is to acquire a 49 per cent stake in a production-sharing contract (PSC) to conduct onshore operations to exploit the oil reserves in Central Sumatra. Indonesia. 11l Ijoy
        Bernama  -  143 words
      • Article
        Lock icon High interest rates may take KL listed firms' profit growth below 20%
        485 16 Reuter KUALA LUMPUR The average earnings growth of listed companies in Malaysia will likely dip below 20 per cent this year as higher interest rates trim profits, analysts said yesterday. The expected moderation also reflects higher base levels,
        Reuter  -  485 words
      • Article
        Li Ka-shing opts out of Cebu container terminal project
        446 16  -  From Al Labita in MANILA HONGKONG tycoon Li Kashing has dropped his plan to join a consortium that will put up the Philippines" second biggest international container terminal. Neither Mr Li's name nor his investment firm Hutchison Whampoa appeared in the
        446 words
      • Article
        Lock icon Cable & Wireless tipped to get stake in Indon satellite operator
        196 16 Cable Wireless tipped to get stake in Indon satellite operator AFP JAKARTA The British firm Cable and Wireless appears to be the favourite to get 25 per eent of PT Satelindo. the Indonesian communications satellite operator. A source close to the negotiations yesterday said Cable and Wireless made the best
        AFP  -  196 words
      • Article
        Lock icon Thailand's Advance Agro likely to trade at a premium on share debut
        502 16 Bloomberg Business News BANGKOK Advance Agro shares are likely to debut today on the Stock Exchange of Thailand at a slight premium to their initial sale price of 59 baht (553.44) because of the current shortage of paper,
        Bloomberg Business News  -  502 words
      • Article
        Lock icon News Corp's earnings fail to impress US analysts
        544 17 Reuter SYDNEY Analysts at several US-based investment firms yesterday said News Corp Ltd's second-quarter and halfyear earnings were largely unimpressive, falling in line with or below their expectations. "While the reported number of 39 cents per ADR was better than expected, after
        Reuter  -  544 words
      • Article
        Lock icon Two give up seats on Tokyo bourse
        137 17 Bloomberg Business News TOKYO Kidder, Peabody Co and Prudential Securities (Japan) Ltd officially exited the Tokyo Stock Exchange and halted all securities transactions yesterday, said TSE president Mitsuhide Yamaguchi. Prudential's membership will be transferred to UKbased Smith New Court Securities (Japan) Ltd for
        Bloomberg Business News  -  137 words
      • Article
        Lock icon Brierley raises stake in Goodman Fielder to 5.3%
        413 17 Bloomberg Business News Reuter SYDNEY New Zealandbased Brierley Investments Ltd has accumulated a 5.3 per cent stake in Australian food group Goodman Fielder Ltd. Last week, Brierley said it had acquired 4.89 per cent of Goodman for about A 566.5 million (5572.6
        Bloomberg Business News; Reuter  -  413 words
      • Article
        Lock icon Indian GDR companies likely to see higher profits
        238 17 Reuter BOMBAY Profits of nearly 50 Indian companies which have issued shares abroad are seen rising sharply mainly because funds raised helped them retire expensive debt and slash interest costs, brokers say. "Many of these GDR companies have huge treasury incomes, otherwise
        Reuter  -  238 words
      • Article, Illustration
        Lock icon News Corp controls all equity of Fox: Murdoch
        478 17 NYT WASHINGTON Testifying behind closed doors before federal investigators in late January, Rupert Murdoch bluntly conceded that his Australiabased News Corp controlled all the equity of the American television stations that were the basis for the Fox television network. But he insisted
        NYT  -  478 words
      • COMPANY BRIEFS
        • Article
          Lock icon Quek Leng Chan ups stake in Guoco
          58 17 Reuter HONGKONG Guoco Group LtcTs chairman Quek Leng Chan yesterday told the stock exchange that through Guoling Overseas Ltd he had increased his interest in Guoco by seven million shares, or 1.64 per cent of the issued share capital. He held 26.70 per
          Reuter  -  58 words
        • Article
          Lock icon First-half profit at B SkyB rises 46%
          92 17 Bloomberg Business News LONDON British Sky Broadcasting Group pic (BSkvß). which sold 20 per cent of its shares in London and New York last December, yesterday said first-half pre-tax profit rose 46 per cent after advertising sales climbed 12 per cent and subscriber
          Bloomberg Business News  -  92 words
        • Article
          Lock icon News Intl' s pre-tax up 4-fold
          76 17 Bloomberg Business News LONDON News International pic, a UK global media company, yesterday said pre-tax profit rose more than four-fold to £561.9 million (551.28 million) in 1994, from £126.7 million a year earlier. The increase included a one-time gain of £403.4 million for the
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Premium income at Allianz unit up
          53 17 Bloomberg Business News STUTTGART. Germany Allianz Lebensversicherungs AG. the life insuranee unit of Allianz AG Holding, vesterdav said 1994 premium income rose 9.4 per cent to 10.9 billion Deutschemarks (SS 10.41 billion), from 10 billion marks in 1993. Allianz is Europe's largest insurance company.
          Bloomberg Business News  -  53 words
        • Article
          Lock icon Kirin's soft-drink venture in China
          86 17 AFP TOKYO Japan's Kirin Beverage Corp said yesterday it had set up a US$7.5 million (SS 10.95 million) joint venture with the Chinese partner that has been making its soft drinks under licence in Wushi for the past 10 years. The subsidiary of Kirin Brewery
          AFP  -  86 words
        • Article
          Lock icon Bank America raises dividend
          55 17 Reuter SAN FRANCISCO Bank America Corp on Monday said its board of directors has increased the quarterly dividend on its common stock to US$O.46 per share from the US$O.4O per share paid in December last year. The dividend is payable on March 14 to shareholders of
          Reuter  -  55 words
      • Article
        Lock icon ITC's profit likely to be below expectations
        307 17 Reuter BOMBAY A moderate hike in low-cost cigarette sales is likely to see India's tobacco and hotels giant, ITC Ltd, posting a 23 per cent rise in its 1994/95 net profit but it would fall short of most foreign invesexpectations. ITC is 33-per
        Reuter  -  307 words
      • Article
        Lock icon Intel changes its ways as it prepares for P6 chip launch
        426 18 Reuter SAN FRANCISCO Intel Corp, 10 days away from unveiling its next-generation P6 chip, has been quick to put into practice the lessons learned from the uproar over a bug in its Pentium chip. In planning the P6's debut,
        Reuter  -  426 words
      • Article
        Lock icon More Apple clones on the way
        276 18 Power Computing to start shipping Macintosh clones in March Reuter INDIAN WELLS, California A few large computer makers will likely announce this year they will make "clones" of Apple Computer Inc's Macintosh computer. Stephen Kahng, president and chief executive of Power Computing Corp, which
        Reuter  -  276 words
      • Article
        Lock icon Glaxo posts 10% profit rise, makes final offer for Wellcome
        208 18 Bloomberg Business News LONDON Glaxo pic yesterday said first-half pre-tax profit rose 10 per cent to £1.097 billion (552.5 billion), as rising sales of newer products outpaced declining sales of older products. The company also posted its final offer document
        Bloomberg Business News  -  208 words
      • Article, Illustration
        Lock icon Renault's new concept
        36 18 Reuter PARIS French car manufacturer Renault will present this new concept-car Laguna Evado at the coming Genoa fair from March 7-19. The Evado is a six-passenger break, with a large-opening roof top. Reuter
        Reuter  -  36 words
      • Article
        Lock icon P&G raises claim for derivative losses against Bankers Trust
        454 18 Bloomberg Business News CINCINNATI Procter Gamble Co yesterday increased to US$l95 million (SS2B4 million) its claim for losses suffered on derivatives the company bought from Bankers Trust New York Corp. The consumer products company first sued Bankers Trust in October, seeking
        Bloomberg Business News  -  454 words
      • Article
        Lock icon Kellogg streamlines operations, to axe 350 jobs
        278 18 Bloomberg Business News BATTLE CREEK, Michigan Kellogg Co said it will cut between 300 and 350 jobs by the end of the year, or about 2 per cent of its workforce, as the company streamlines its break-fast-cereal production. The nation's No 1 cereal
        Bloomberg Business News  -  278 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Hongkong acts to cut banks' derivative costs and risks
        433 19 Bloomberg Business News Reuter HONGKONG The Hongkong Monetary Authority plans to reduce banks' costs and risks in the market for financial derivatives by effectively reducing the amount of capital they use to back such contracts. The HKMA, which acts as the
        Bloomberg Business News; Reuter  -  433 words
      • Article
        Lock icon A price for longer-term Manila T-bills: dealers
        228 19 Reuter MANILA The Philippines plans to expand its capital markets by issuing longer-termed government securities, but local money market dealers say it must be prepared to pay a price for doing so. They say the government must be ready to offer its proposed
        Reuter  -  228 words
      • Article
        Lehman Brothers to expand staff in S'pore by more than half
        255 19 SINGAPORE US broker Lehman Brothers Inc is expanding in Singapore fast with plans that will increase its staff count by more than half. The company said yesterday it wanted to form a regional foreign exchange centre and an investment
        255 words
      • Article
        Lock icon Halifax buys over £1.5b business of BNP's mortgage arm in UK
        358 19 Reuter PARIS The Halifax Building Society took another step towards its goal of becoming one of Britain's top financial institutions on Monday by taking control of the UK mortgage arm of France's Banque Nationale de Paris (BNP). Under the
        Reuter  -  358 words
      • Article
        Morgan Stanley sets up forex sales unit in Singapore
        211 19 SINGAPORE US investment bank Morgan Stanley has set up a new business here foreign exchange sales. The bank yesterday said it had appointed Philip Whang and Mark McDivitt to start up the new business. Mr Whang and Mr McDivitt were transferred
        211 words
      • Article
        Lock icon Foreign banks in India raise prime rate
        137 19 Reuter BOMBAY Several foreign banks have raised lending rates in India amid increased competition for funds. Standard Chartered Bank. Deutsche Bank and Credit Lyonnais Bank on Monday hiked their lending rates by one percentage point for prime customers to 14.5, 15 and 15
        Reuter  -  137 words
      • Article
        Curbs will raise car loan instalments only marginally
        440 19  -  By Paul Leo SINGAPORE The Monetary Authority of Singapore's strict guidelines on car loans have minimal impact on monthly repayments of loans. Its only impact is on the initial outlay of capital to buy the new car. Take for example a new
        440 words
      • SMALL CHANGE
        • Article
          Lock icon Loans from Japan's city banks dip
          72 19 Bloomberg Business News TOKYO Bank loans extended by Japan's 11 major "city hanks" as at the end of January were down 1.5 per cent on the year to 218.87 trillion yen (553.22 trillion). The Federation of Bankers Associations yesterday said deposits at the 11
          Bloomberg Business News  -  72 words
        • Article
          Lock icon Lehman's equity research head quits
          75 19 Bloomberg Business News NEW YORK Lehman Brothers' head of equity research, Fred Fracnkel. has resigned. A spokesman for the firm yesterday said Mr Fraenkel's departure came a month after Lehman reported that earnings for the first 11 months of 1994 totalled US$ll3 million (SSI6S million),
          Bloomberg Business News  -  75 words
        • Article
          Lock icon Canadian bank to cut mortgage rates
          70 19 Reuter TORONTO The Royal Bank of Canada yesterday lowered its mortgage rates as the result of easing interest rates and a stronger Canadian dollar. The drop is the first among Canada's six major banks and follows a string of increases over the past six
          Reuter  -  70 words
        • Article
          Lock icon ANZ Bank expects higher earnings
          77 19 Bloomberg Business News MELBOURNE Australia New Zealand Bank expects increases in earnings this year, mainly on a pick-up in business lending. Chief executive Don Mercer yesterday said: "After a solid advance in 1994. ANZ is positioned for continued improvement in profits and an increase in
          Bloomberg Business News  -  77 words
        • Article
          Lock icon Winterthur to buy Swiss Re businesses
          97 19 Bloomberg Business News ZURICH Winterthur Insurance will pay 303 million Swiss francs (***** million) for three insurance businesses of Swiss Reinsurance, about 50 million francs less than was originally agreed. Winterthur said last September it would buy Schweiz Seguros, Barcelona; Schweiz Italia. Milan; and
          Bloomberg Business News  -  97 words
        • Article
          Lock icon Kenya's StanChart to sell 16 branches
          71 19 Reuter NAIROBI Standard Chartered Bank Kenya Ltd yesterday said it planned to sell 16 of its 42 branches as part of a restructuring programme. The bank said it was reducing its branches as the second phase of changes meant to make its business viable.
          Reuter  -  71 words
      • Article
        HSBC changes names of some Wardley firms
        381 19  -  From Lim Soon Neo in HONGKONG THE HSBC group has changed the name of its Asian investment banking arm Wardley Holdings Ltd to HSBC Investment Bank Asia Holdings Ltd as part of a move to create a more unified identity. The HSBC initials
        381 words
      • Article
        Lock icon Asia's oil refining tab likely to hit US$ 140b: study
        483 20 Piatt's Oilgram HOUSTON Asia's rapidly increasing oil consumption will require tremendous growth in infrastructure that could result in spending of as much as US$l4O billion (SS2O4 billion) for refining capacity alone by 2010, says a study by Arthur Andersen and
        Piatt's Oilgram  -  483 words
      • Article
        Lock icon Central Americans adopt minimum coffee price
        338 20 Reuter GUATEMALA CITY Central American coffee producing nations, with the exception of Guatemala, have agreed to adopt an immediate minimum export registration price of US$l.7O per pound fob, Guatemala's coffee ambassador Rene Montes said. He said Costa Rica, El Salvador, Honduras and Nicaragua had
        Reuter  -  338 words
      • Article, Illustration
        Lock icon World War II treasure? Ramos is sceptical, wants haul authenticated
        397 20 AFP MANILA President Fidel Ramos yesterday ordered experts to check the authenticity of a two-tonne haul of alleged platinum seized north of Manila and rumoured to be part of Japanese World War II General Tomoyuki Yamashita's fabled treasure. "The president
        AFP  -  397 words
      • Article
        Lock icon China to set up 400 more grain centres to boost output
        345 20 AFP BEIJING China is to set up nearly 400 more specialised grain commodity centres in a move "crucial" to achieving the country's target of boosting output to 500 million tonnes by 2000, a report said yesterday. Some 378 grain-growing
        AFP  -  345 words
      • Article
        Lock icon Will proud China reject cheap US wheat?
        494 20 Reuter HONGKONG While current Sino-US tensions are not expected to affect the bulk of China's food commodity imports, traders and diplomats are wondering if Beijing will refuse to buy cheap US wheat to salve wounded pride. The United States Department of Agriculture is
        Reuter  -  494 words
      • Article
        Lock icon Worst rice output in 22 years forces Indonesia to import and recall supplies
        364 20 Reuter JAKARTA Prolonged drought has cut Indonesia's 1994 unhusked rice output to the lowest level in 22 years, forcing the government to import and recall rice lent to several countries. Food Minister Ibrahim Hasan told a parliamentary
        Reuter  -  364 words
      • Article
        Prices to remain low as demand falls
        330 20 Bloombfg ENERGY REPORT LONDON Lower-than-ex-pected demand and steadily rising supplies means oil prices arc not likely to rise this year and may even fall. The price of North Sea Brent Blend, the international benchmark, has see-sawed within a dollar on either side of
        330 words
      • Article
        Lock icon Currency Reports: London
        207 20 Reuter LONDON The dollar was barely changed in early Europe with traders becoming increasingly frustrated with the US unit's inability to extend recent gains. Dealers said profit-taking on long-mark positions and the general buoyancy of the yen on the crosses combined to make the dollar's visit above
        Reuter  -  207 words
      • Article
        Lock icon New York
        93 20 AFP NEW YORK The dollar rose against most major currencies except the yen in early trading yesterday in a quiet market ahead of a threemonthly Treasury auction later in the day. At 1450 GMT. the dollar was trading at 1.5330 marks, up from 1.5314 at Monday's close, and
        AFP  -  93 words
      • Article, Illustration
        Untitled
        1613 20 /rade-wetfkletJ index lakululfd a*uin\l S'piwr'* lap 14 trading partneri Bait- year 198* USS/SS forward rates Noon /Feb 7 a Bid Offer 1-month ***** 1 4605 2-month ***** 1.4575 3-month 1 4540 1.4555 6-month ***** 1 4483 Swro" OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Fife 7
        1,613 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen little changed
        1373 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures ended little changed. Dealers said Eurodollars were trapped in narrow range trade ahead of three-year Treasury note auction last night and more economic data later in the week. A trader said: "The market is going to look
        Reuter  -  1,373 words
      • Article
        Tokyo rubber lower on profit-taking
        689 21 COMMODITY REPORTS Rubber TOKYO: Rubber futures closed weaker with large losses in distant months on expectations of sufficient supply availability by the summer, traders said. Prices ranged from 0.6 to 4.3 yen per kg lower, with benchmark Julv closing down 4.1 at 177.7. Nearby months
        689 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Indon coffee harvest delayed
          69 21 SINGAPORE The start of Indonesia's coffee harvest will be late by 1-1.5 months this year because of flowering delays, traders said. The slowdown in the flowering process key to the development of coffee beans is due to the effects of a prolonged drought last year. So
          69 words
        • Article
          Aussie sugar output set to fall
          112 21 CANBERRA The Australian Bureau of Agricultural and Resource Economics yesterday estimated Australian 1995-96 (July-June) raw sugar production at 4.91 million tonnes, down from five million tonnes in 1994-95. The government's commodity forecaster said the area under cane is expected to expand by 3 per
          112 words
        • Article
          Coffee group meeting postponed
          65 21 LONDON The Association of Coffee Producing Countries has postponed a meeting of a technical group until Mar 13. ACPC secretary-general Roberio Oliveira Silva confirmed on Monday. The meeting had originally been set for Feb 27. Silva said the talks have been put back at the request
          65 words
        • Article
          Dutch metal workers threaten strikes
          71 21 BRUSSELS The Dutch industrial workers union Industriebond has threatened a wave of strikes in the metals industry starting on Monday to put pressure on employers in talks on pay and conditions. There had already been work stoppages in two engineering companies on Monday. The 290,000
          71 words
    • Article
      COMMODITY PRICES
      1426 21 Rubber Feb i Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) luym 5«tim As at 12 noon (S cents/kg) RSS 1 Contract (S cents/kg) Pi— Vfl limr 7T— RSS 2 Mar 95 269.00 270.00N Month High Low (Sncs) lntc£! KSS 3 Mar 95 268 00 269.00N
      1,426 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1042 22 -17.1 A WEAK resources sector and lulls in three major blue chip companies dragged shares to a Sharply lower close yesterday. "The weakness in the resources sector is holding our market back." said a dealer. "Our three major stocks are all down by fairly major amounts. If you took
        1,042 words
      • Article
        Bombay
        103 22 -8.77 Shares fluctuated in a narrow band before ending a shade lower on anxiety ahead of state polls this week, brokers said. The BSE 30-share Index opened weak and see-sawed before closing 8.77 points down at 3,581.47. The 100-share National Index shed 5.70 to 1,730.62. Brokers said foreign and
        103 words
      • Article
        New Zealand
        315 22 -12.66 Shares fell, halting a three-day rally, as sentiment soured on a declining dollar, a marred holiday and a drop in share prices in Australia. Dealers said a rare outburst of racial tension on Monday helped damp enthusiasm. National Day ceremonies were cancelled for the first time since
        315 words
      • Article
        Seoul
        442 22 -2.75 Share prices made a turnaround to negative territory after a short rise as profit taking eroded early gains. The Composite Price Index eased 2.75 points to 942.52, with a modest volume of 23.5 million shares valued at 504 billion won. Rises edged out falls by 363 to 358
        442 words
      • Article
        Taipei
        621 22 +114.54 Stocks continued their upward trend amid improved market sentiment, propped up by good performances of banking and insurance shares and textiles. The 423-issue Weighted Price Index gained 114.54 points to settle at 6.531.82. Turnover swelled to 1.46 billion shares worth NT559.6 billion. The market opened high and steadily
        621 words
      • Article
        Manila
        583 22 +24.86 Stocks rose for the third day in a row due to the strong performance of other markets. The PSE Composite Index gained 24.86 points to close at Turnover was 3.87 billion shares valued at 1.62 billion pesos. The market opened strong but weakened before closing. Philippine Long Distance
        583 words
    • WORLD STOCK MARKETS
      • Article
        Milan
        159 22 +67 Italian stocks were given a late lift by the insurance sector after a day of dull trade. Insurers were boosted by news that the government had extended the suspension of withholding tax on private pension funds. Brokers said there may also have been some sector switching out of
        159 words
      • Article
        Johannesburg
        294 22 -96.2 South African shares continued their losses across the board as bearish sentiment set in. said dealers. Local institutions had been the big sellers as they moved to reduce equity exposure in what had been a very nervous market. The Overall Index closed down 119.3 points to 5.213.4. the
        294 words
      • Article
        Toronto
        228 22 -12.32 Stocks fell in subdued early trading with dealers expecting a sluggish session. The TSE-300 Composite Index fell 12.32 points to 4.107.46 on volume of 7.90 million shares valued at CS86.5 million. Declines ambled past advances 187 to 138, with 210 issues holding steady. "It's pretty quiet. Some players
        228 words
      • Article
        Amsterdam
        281 22 +0.71 Dutch shares closed with small gains on the back of a firmer dollar, a higher London market and initial attempts by Wall Street to stage a fresh rally. Dealers said sentiment was positive, but big investors remained cautiously on the sidelines awaiting the emergence of a clear bull
        281 words
      • Article
        Paris
        116 22 French shares closed slightly lower on profit-taking after a good run from the start of the week on the growing conviction US interest rates lave peaked. The CAC-40 Index finished down 1.67 points at 1.870.44. Of the CAC-40 •shocks, 20 closed higher and 'SfO lower. Volume was «t.2l billion
        116 words
      • Article
        New York
        752 22 -5.38 The Dow Jones Industrial Average, which rose 9.09 points on Monday, was down 5.38 to 3,932.34 at I lam EST. The key barometer was ahead 1.34 points shortly after the market opened. The New York Stock Exchange Composite Index was off 0.25 to 261.50. while Standard Poor's
        752 words
      • Article
        Frankfurt
        171 22 +6.55 German shares ended higher as Wall Street trades Cautiously higher in early activity. The market was caught u\ range between 2.080 and awaiting new orders to push index to key resistance level at 2,100. Dealers said some shift of funds out of commodities into bonds and equities Opuld
        171 words
      • Article
        Stockholm
        115 22 •0.27pc Swedish shares broke the morning's positive trend and closed lower. The OMX Index fell 0.27 per cent at 1.183.88 in moderate turnover of 2.4 billion crowns. "The bourse feels strong. We have a couple of good reports coming up. The problem is that we have little liquidity on
        115 words
      • Article
        Brussels
        161 22 -6.70 Belgian stocks closed lower, dragged down by shipping firm Compagnie Maritime Beige (CMB). The Bel-20 Index closed down 6.70 points at *358.71. More than 3.6 points of the fall was accounted for bv CMB. CMB shares closed down 5.6 per cent at 2,380 francs after the company said
        161 words
      • Article
        Zurich
        255 22 7.7 Swiss shares closed slightly higher after a day dominated by investors swapping cyclical stocks for banks and insurers. Dealers said Wall Street reaction last night to the US Treasury auction would determine today's market. The broad SPI Index closed up 2.41 points to 1,713.47. The blue-chip SMI Index
        255 words
      • Article
        London
        725 22 10.7 SHARES closed firmer in a broad move, helped by a more bullish UK inflation cmtlook. but news of an Office of Fair Trading probe into brewers' wholesale beer prices and a soft Dow hplped take the edge ofT the earlier blue chip rise. The FTSE-100 Index closed 10.7
        725 words
      • Article
        Untitled
        788 22 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit 38 MOO **6500 Mim ienev (nil 0 1841 o 1442 Mim Ma« Income ***** ***** L S$ Cash Income Plus Fund *4 2700 *4 7H)o PS Reserve Fund i *800 5 3400 Slerlimi lauih Euro Performance 0.4542 0 4438 Fjr EjsI
        788 words
    • Article, Illustration
      Lock icon HONGKONG
      3079 23 Bloomberg Business News HONGKONG Stocks rose for a fourth successive day yesterday, led by conglomerates and real estate companies, amid optimism that interest rates won't rise much further and as corporate earnings growth remains respectable. The Hang Seng Index gained 106.21 points to close at 8,004.01. The All Ordinaries
      Bloomberg Business News; Source: Bridge Info  -  3,079 words
    • Article, Illustration
      Lock icon CHINA
      595 23 CLSA H SHARES yesterday chalked up a 2 per cent gain on modest turnover of HK$B7 million. Chengdu Cable recovered from Monday's 3.4 per cent loss to close up 4.8 per cent on active trading. Maanshan Steel also edged up 2.1 per cent on turnover of HKS29 million. Only
      CLSA  -  595 words
    • Article, Illustration
      Lock icon TOKYO
      2561 23 Bloomberg Business News TOKYO Stocks yesterday declined to their lowest point in a week as a rally in reconstruction shares, which had gained more than 10 per cent since last month's devastating Kobe earthquake, petered out. "The Kansai-area reconstruction story is discounted by the market," said an analyst. "Investors
      Bloomberg Business News; Source: Bridge Info  -  2,561 words
    • Article, Illustration
      Lock icon BANGKOK
      1668 23 Reuter BANGKOK Stocks closed easier after a roller-coaster day with both profit-takers and bargain-hunters out in force, brokers said. The SET Index closed down 1.17 points at 1,329.25 on heavy 10.S billion baht turnover. Falls led rises 202 to 116. "Investors just took profits in leading sectors after strong
      Reuter; Source: Bridge Info  -  1,668 words
    • Article, Illustration
      Lock icon JAKARTA
      1177 23 Reuter JAKARTA Share prices closed mixed in heavy trading after profit-taking by local players in the second session. "Investors took profit on selective stocks such as Dharmala Intiland and Duta Anggada. The possibility of profit-taking in the second session had been factored in," one dealer said. He said foreign
      Reuter; Source: Bridge Info  -  1,177 words
    • Article
      CLOB INTERNATIONAL
      2540 24 Gr Gr 1994.9* Last Vol Day last Q«Kr 13» IN« VM Net M (ap High L<m Company Salt COOO) ll«h Buyer Seller C'w P/t Soil MALAYSIAN STOCKS 398 73 m .MSB 50c 256 unch IS 262 256 256 261 30 -2 9 0 3 26 3 206 775
      2,540 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares rise for sixth session on rate hopes
        6785 24 Bloomberg Business News KUALA LUMPUR Stocks rose a sixth day yesterday on optimism that global interest rates are nearing their peak after the latest increase in official US rates. "In the last month or so we've been looking only at external factors
        Bloomberg Business News; Source: Bridge Info  -  6,785 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8659 25 I MAIN BOARD <;r iit M Wt IWH last Vol l>a> I (>»ul«r l>i» !>•% \ld N*l (ap Higll l ow ompjnv Sal* {'(NN)) High l ow Bu>«*r Viler S C *%r S P'K Sm& Price INDUSTRIAL AND COMMERCIAL 20* 188 ml \cma MV 442 -4 57 44*. 442 440
        8,659 words
      • Article, Illustration
        Lock icon Investors take profits after eight days of gains
        1909 26  -  By Quak Hiang Whai SINGAPORE Investors swooped in to take profits yesterday after eight straight days of gains but despite this, the underlying mood in the active Clob market remained firm. The Straits Times Industrials Index fell for the first time after
        Source: Bridge Info; Source: Bloomberg  -  1,909 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      265 15 NEWS VALUE YHS names Alex Chan as MD in management revamp (pg I) Investors likely to continue to adopt a wait-and-see attitude. Joint sale of Farrer sites set to be best so far (pg 1) Could perk up the rather inactive residential property market. Manufacturers upbeat on business outlook for
      265 words
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      119 16 irr/371 #1 OFFSHORE I WW COMPANY SPECIALISTS I With a worldwide team of 125 multi-disciplined 1 professionals and a network of international I offices, OCRA provides confidential and cost I effective company formation in all the major low I tax areas including: H BRITISH VIRGIN ISLANDS BAHAMAS IRELAND B WESTERN
      119 words
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      97 17 This announcement appears as a matter of record only. ECON 0 ECON INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) Issue of 39,300,000 warrants to subscribe for *****,000 new ordinary shares of 550.20 each in the capital of Econ International Limited ("Company") in conjunction with a transferable loan facility in
      97 words
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      Page 17 Advertisements Column 2
      245 17 j- Daily Chef's Specialties ■J our chef s specialties in the River Garden or dine alfresco at mt| the River Terrace. Whichever venue you choose, our sumptuous L*™ offerings will surely bring you back for more! ■J MONDAY SATURDAY W* Rod Prata/Murtabak/ /f Roast Chicken Tikka or I Roti Jala
      245 words
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      Page 18 Advertisements Column 1
      144 18 Express we take a "f same -Jji |im ..,•j taf software across 4 nM I rI. m because course y has to be a WpPWHI: the we operate ;major across Asia that 111 a fleet of over 450 Federal Express aircraft 'jj| JIHL., j -JgifMM wor 'dwide. I So, no
      144 words
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      Page 19 Advertisements Column 1
      103 19 I MORTGAGEE SALE I I BY AUCTION I 2 Units Aluminium Landing Craft I Sea Truck 1 St 2 I BUILT 1992 (AUST) I I Principal Dimension. 10.5 m (L) x 3.4 m (B) x I.om (D); Cargo capacity: 6.5 tonnes; I I Engine: Perkins diesel 1 x 83hp-M90LD***** with
      103 words
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      Page 19 Advertisements Column 2
      61 19 RAW FISH pßfa WITHOUT Pli THE RAW «|lj What you get instead is traditional |s|g Teochew-style Yu Sheng, or if you prefer, jgS Salmon Yu Sheng. Whatever your choice, jffiy you can be assured that we only serve the freshest of raw fish with the added touch HUNG RANG 38
      61 words
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      Page 19 Advertisements Column 3
      97 19 I I I I hoteTforsale Terrace Inter-Continental Adelaide Australia Features include: 334 room Five Star Hotel Central CBD location Inter-Continental Management or Vacant Possession $50 million spent on major refurbishment •Strong occupancy growth in 1994 set to increase further in 1995 Expressions of Interest Close 17 March 1995 Contact: Michael
      97 words
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      Page 21 Advertisements Column 1
      85 21 Financial News© l^fi A Quick Look At The I I Markets I I Call 24 hours a day for I SES KJLSE midday I reports, closing I I market reports and Cost: 30 cents a minute Organised by: |pffl^ ne An SPH AudioTex Service Cant keep your house in order?
      85 words
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      Page 21 Advertisements Column 2
      49 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. jTnrX r JUST CALL 1800-737-1166 Make the connection through The Straits Times Classified when you're looking for bargains or a looking for customers. Just give us a call. CA.TS.
      49 words
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      28 22 v JHGGnHMr 4 H w!! r ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536.
      28 words
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      87 23 Celebrating Fish. Let's drink to fish. BouillabaJse or Tom Yam? Top of the M celebrates fish with a lunch buffet of every Imaginable Tqq fish recipe. Salmon, sole, snapper, sea bass... If it can be caught. It can be cooked. And we know all the qfifle delicious wags. Continental or
      87 words
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      65 25 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, you can prosper through a wide range of investments. Local and Foreign Currency Time Deposits, Unfixed Time Deposits, Foreign Currencies, Unit Trusts and more. Just call our 24-Hour CitiPhone Banking toll-free on (1800) 225-5225 for your share of
      65 words
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      1468 26 (]$-)(">)?[:_!|^-,;{$'*=-),'&*/ In the Matter of THE COMPANIES ACT (CHAPTER 50) AND In the Matter oI ADVENT NETWORK COMMUNICATIONS PTE LTD (In Members Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of toe Companies AO. Chapter SO, toe finel meetng at toe members of
      1,468 words
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      Page 26 Advertisements Column 2
      285 26 In the Matter of THE COMPANIES ACT (CHAPTER 50) AND In the Matter of E S EASY ENTERPRISE SINGAPORE PTE LTD (In Members Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE 6 HEREBY GIVEN that pursuant to Section 306 of tie Companies Act Chapter 50, the final meeting of tie members
      285 words
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      Page 26 Advertisements Column 3
      154 26 In the Matter of THE COMPANIES ACT (CHAPTER 50) AND In the Matter of CHAMPION ELECTROMCS (PRIVATE) LIMITED (In Members Voluntary Liquidation) NOTICE OF FMAL MEETING NOTICE 6 HEREBY GIVEN that pursuant to Section 306 of tie Companiea Act Chapter SO. tie final meeting of the members of tie Compeny
      154 words
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  • Shipping Times
    • Article
      Hanjin set to begin Manila's Batangas port expansion
      288 27  -  From Al Labita in MANILA MANILA South Korea's Hanjin Engineering is set to start expanding Batangas port into an alternative international port of entry, the Philippines Ports Authority (PPA) said on Monday. PPA spokesman Ed Cordova said the expansion followed the relocation
      288 words
    • Article
      Lock icon Sabah shipyard wins US$ 200m Pakistan power barge deal
      267 27 Bernama LABUAN Pakistan's Ministry of Water and Power has awarded a US$2OO million (SS29O million) contract to Sabah Shipyard Sdn Bhd (Saship) for the construction and commissioning of a barge-mounted 288-megawatt power plant. Saship executive director Jimmy Chok said in a
      Bernama  -  267 words
    • Article
      Lock icon Some activity in Caribbean tanker market
      223 27 Knight-Ridder NEW YORK The Caribbean sector of the tanker market showed some activity in both the clean and dirty trades, brokers said on Monday. In the clean trades, trading was continuing under the counter with cargos not publicly quoted and details of concluded business
      Knight-Ridder  -  223 words
    • Article
      Lock icon Panama Canal dock explosion kills 3
      145 27 Knight-Ridder PANAMA CITY Three people died and 26 others were injured on Monday in an explosion at an inspection dock on the Panama Canal, which occurred when authorities used blow torches to open a steamroller suspected of containing drugs. Officials said two of the
      Knight-Ridder  -  145 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1046 27 Page Col ABC Containerize 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlcrs Line 12 I Ahrcnkiel Liner 4 1/2 ANL 3 4/5 Antaco Mgmt 17 3 APL 18 1/2 Appenship 4 4/5 Arabian Express 15 4 ASCL 5 5 Astro
      1,046 words
    • Article, Illustration
      Amfels delivers 2nd workover barge to AP Moller
      298 27  -  By Juliette Walker SINGAPORE Amfels. the wholly-owned US subsidiary of listed rigbuilder Far East Levingston Shipbuilding (Fels), delivered the second of two new workover barges to Denmark's AP Moller Group last month. A workover barge, which usually costs USS2O million (SS29 million)
      298 words
    • Article
      Lock icon Mombasa vessel delay surcharge dropped
      251 27 Knight-Ridder NAIROBI East African Conference Lines is lifting its vessel delay surcharge at the Kenyan port of Mombasa with immediate effect. In a notice to shippers last Friday, EACL said the decision had been taken because of improved performance at the port during January. The
      Knight-Ridder  -  251 words
    • Article
      DAILY FREIGHTS
      2200 28 PANAMAX rates in the east look set to climb in a dull start to the week on the freight market, brokers said. Although the Baltic Freight Index shows a drop in the freight rate for the two Panamax rates in the Pacific, brokers here noted a shortage of
      2,200 words
    • Article, Illustration
      Lock icon Recession continues to plague Japan
      765 29  -  Jutta Iten reports on the difficulties the Japanese shipping industry is facing Jutta Iten International Transport Journal Although economic recovery is making good progress in the United States, Europe and most parts of Asia, Japan is still fighting against recession. There are some scant signs
      International Transport Journal  -  765 words
    • Article
      THE SHIPPING GUIDE
      11793 36 This is a list of ships loading at Singapore for ports around the worid. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      11,793 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        756 39 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure iurong Port 8atam Speed4 *****" P01A 0702 2330 08 02 0100 Manama A62 17 alongside 0802 0500 Batam Speed4 ****** P01A 0802 2030 0802 2230 A# Gidiig 02 2 95 17 alongside 08 02 0600
        756 words
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        CONTAINER SCHEDULES
        1798 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Aft Miracle <9075 09 1200 1A 0//1500 07/1659 07/1900 28 07/1700 08 0659 08 0900 4 08 1200 08 1459 08/1700
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    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Clinton proposes flexible fund for US transport projects
        622 46 Bloomberg Business News WASHINGTON The Clinton administration has proposed collapsing 30 federal grant programmes into a US$lO billion (5514.5 billion) flexible fund that US states can tap for a range of transportation projects, from mass transit and rail to highways and airports.
        Bloomberg Business News  -  622 words
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        Lock icon UK minister cool on new airport plan
        171 46 Reuter LONDON The UK Secretary of State for Transport Brian Mawhinney on Monday said it was difficult to see how a proposal to build a new airport on a greenfield site in southern England could be reconciled with planning guidelines. Asked about the
        Reuter  -  171 words
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        Lock icon US Air receives cost-cutting bid from pilots, machinists
        431 46 Bloomberg Business News WASHINGTON The pilots and machinists unions proposed a package of wage cuts and contract give-backs to USAir that aims to help America's sixth-largest carrier beat back a swarm of low-fare challengers in its eastern stronghold. The third major union
        Bloomberg Business News  -  431 words
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        Lock icon Egypt highway to be moved away from pyramids
        252 46 AP CAIRO A highway that critics said would endanger the three Giza Pyramids will be moved away from the ancient monuments, Egypt's culture minister was quoted as saying on Monday. Farouk Hosni told the stateowned daily Al-Akhbar that the half-built highway, which
        AP  -  252 words
      • Article
        Lock icon Pena plans fast reform for US air traffic control
        257 46 Reuter WASHINGTON US Transportation Secretary Federico Pena has laid out an ambitious reform plan to turn the department's air traffic control system into a user-financed independent federal corporation bv 1997. It is similar to his reforms two years ago. but the
        Reuter  -  257 words
      • Article
        Lock icon Mexico's Dina halts output amid financial crisis
        261 46 Reuter MEXICO CITY Mexico's biggest truck maker Grupo Dina said on Monday that it will halt production for 60 working days from yesterday in the latest and one of the more dramatic signs of economic slowdown caused by the country's financial crisis. The
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      • LOG BOOK
        • Article
          Lock icon Shanghai plans shipping exchange
          88 46 Reuter SHANGHAI Shanghai plans China's first "shipping exchange" to trade cargoes on domestic and overseas routes, the Business Sews daily reported yesterday. Jointly run by the Ministry of Communications and Shanghai's municipal government, the exchange will also trade ship leases, the paper said. It gave no
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        • Article
          Lock icon Bomb scare on United Airlines plane
          96 46 Reuter TAIPEI A United Airlines passenger plane left Taiwan after a bomb scare forced it to land at Taipei's international airport for three hours, police said yesterday. "The plane asked to land at the Chiang Kai-shek airport early this morning on its way to
          Reuter  -  96 words
        • Article
          Lock icon KLM's Jan load factor up 71.5%
          95 46 Bloomberg Business News AMSTELVEEN, The Netherlands KLM Royal Dutch Airlines NV on Monday said its overall load factor rose to 71.5 per cent last month from 68.4 per cent in January 1994. The Dutch carrier's total traffic was 12 per cent higher in January,
          Bloomberg Business News  -  95 words
        • Article
          Lock icon Platina Reefer, Blue Sky in collision
          96 46 Knight-Ridder LONDON The 6,488 dwt refrigerated vessel Platina Reefer and the 26,107 dwt bulk carrier/container vessel Blue Sky allegedly collided in the English Channel on Saturday, according to Lloyd's Intelligence. All damage to the Blue Sky was said to be above the waterline and
          Knight-Ridder  -  96 words
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          Lock icon Containership refloated at Malta
          63 46 KnightRidder LONDON The 28,892 dwt container vessel Chesapeake Bay, which grounded at Marsaxlokk Bay, Malta, on Feb I, was refloated, at 1830, on Feb 4. The Hongkong-flagged vessel, which has 780 20-foot and 581 40-foot containers onboard, is currently about eight km off Marsaxlokk Bay. It
          KnightRidder  -  63 words
        • Article
          Lock icon Ro-ro vessel refloated at Lagos
          66 46 Knight-Ridder LONDON The 24,260 dwt roll-on, roll-ofT vessel Saint Roch was refloated at high tide at Lagos on Sunday with the assistance of two tugs, according to Lloyd's Intelligence. The vessel was in the process of sailing on Sunday when it went aground off Bull
          Knight-Ridder  -  66 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1724 46 at* nm n» nw ait nm n* nm rre^ Abu Dhabi OK 150 1620 GA984 0100 MI896 1920 0K150 1800 SQ442 2000 Hiro < Wn SQ977 1715 SQ978 0150 ofvvi Nn Chi Mbih City VN741 1310 VN740 1500 1 2Vf£i SQ171 1920 SQ172 1430 ***** RJ182
        1,724 words
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      45 27 Drager SAFETY EQUIPMENT (SOLAS APPROVED) PA9O MARINE MHHI Specifically Designed Bictthini Apparatus For Maritime Applications HIGH QUALITY HIGH PERFORMANCE Aklfk HIGHLY AFFORDABLE Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING
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      26 27 Line* and services represented by Members of the Registry of Accredited (?Ir@ai Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
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      46 27 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times Recession continues to plague Japan, Pg 3 Clinton plans flexible fund for transport projects, Pg 20 (fw'' EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Singapore rTI Business Times wt atom Asm
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      2057 28 I I ffMW'MM" I OTHtR DfSTJHA HONS I I NORTH AMtPtCA pwbct cjux to mi cmfrf wcx> —»t coait or cohiial «mwc« (mahoawta «ct»ic«i i wwgawmh courow* kiwi (d—ct wom wg«T coat) ntm 111 nu mmim rttr m ra-n MOTtO TSL WT U (dm *ssa U ACA IPT QMT MUM
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      35 28 O I O 3 m LEAD BY! <■ EXAMPLE m oO" <-<N For some of the best examples 3 of good management. Enterprise Management, i Every Monday. SINGAPORE 0 r 1 Business Times WE KHOW ASIA
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      670 29 mmm -<4>- —ißlKiW'Bi^Attwsfc-.v BOCKNomsiammvafm ;.\r s v- s. r-*< 'E=S== 11 Up|oU SHIPPING CO (SMSiMMpmtSmKETU:32IX4O6MfBFAX:ia4mitII I '1511 DOttHmmMTB;ZO&MBA-ORAeTFAZZUOtta a?« SEAtBGR&SHIPPIN&AnFNHIFQQtBuiKHsmtssosmFMbzuaon »-s IF'JKL —BP wsl/hoy SIN I ac~ am I kl/wv ST m/i J\ 1/3 3/3 N. MRQAB CIO3W 13/2 I 21/2 2/3 Al HUM CII3W 13/2 11/2 4/3 yj.fl*" f/3
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      121 29 Accepting LCL and containoriaod cargo** Direct to South Africa S pore Durban P Eta CTown Full Contatoar lanrtca OSAKA MARU 0380F 11/02 24/02 26/02 27/02 NEW OASIS 0401F 20/02 04/03 06/03 08/03 ORANJE 0520F 03/03 16/03 17/03 19/03 A VSL 06XXF 11/03 24/03 26/03 27/03 VAAL 0777F 21/03 03/04 05/04
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      338 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) FROM AUBTRAUA (EAST COAliv WH£L ¥°Y kt NC W M IHI Ml H WSXI/yOV MK STO MB M MOB 11/ M /M nmnm- i wsimim s« w/oi 20/01 *02 00/021 u/o£ > A COM 20$ M/ 02 11/02 17/02 01/0) 00/03
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      1466 30 AOABA ROAM/ LE VESSEL VOY NO SPORE JSPOAH (VIA JED) S TON H BURG A WERP HAVRE KAMAKURA 38/105 8/2 25/2 28/2 26/2 KATSURAGI 25/305 11/2 20/2 27/2 1/3 4/3 6/3 8/3 THAMES ***** 15/2 4/3 7/3 5/3 MAAS ***** 18/2 27/2 6/3 8/3 11/3 '5/3 KAI 12/107 22/2 I_l/3
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      517 30 IS'pore P.Ketang Loading for VLAHERNA 10/2 14/2. Rdm/Atw/UK/Nantes I •Loads E./W. Malaysia. Irvdorvesia I Loading for V ENERGETIC Dubai/Bahrain/Damman/Kuwait I SEA VENUS Hodeidah/Jeddah/Aqaba H •Loads Singapore. E./W. Malaysia. Indonesia Jm I Loading for V DONA V Los Angeles/New Orleans/ I Charleston/Norfolk/Camden OCEAN EVER Los Angeles/New Orleans/ H Charleston/Norfolk/Camden •Loads E./W.
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      1259 30 NORASIA UPGRADED WEEKLY SERVICE WITH FIXED DAY SAILING and IMPROVED TRANSIT TIMF 10 LA SPEZIA,FFO r BARCELONA, VALENCIA FOR MORE DETAILS/BOOKING, PLEASE CONTACT: M/S TAN SEOW CHUAN m A S POtt GENERAL AGENT NORASIA A6ENCIES (S) PTE LTD ALSO ACCEPTMG LCL TO: TIL: *****83 FAX: *****90 CR NO. **********00 VERICE/TRICSTE/ANCONA/ALEXANOftIA/fORT
      1,259 words
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      1652 31 W STRAITS SHIPPING PTE LTD ißt XBb 10 Hoe Chiang Road #11-01 Keppel Towers J Singapore 0208 Tel; *****88 Fax: *****17 i fcll?tfllWfalByj:?ilBßByjM7JlMsl;illJlM new guinea pacific line fjvßg (A SERVICE OF CHINA NAVIGATION CO) 1 accepts KygrV < CARGO DUE SAK.S j IN 30 0S 09 feb U FCL. LCL
      1,652 words
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      Page 31 Advertisements Column 2
      2764 31 Singapore Agent: I fl/mV t iOH |jj 1 lipyQ p& Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Koad. #07 01 kcppcl lowers. Singapore 0208 P»IP V First Class Connections WORLDWIDE ,cl 225 2233 ,c1tfV Rs ***** 225 5327/222 7517 C'K Number: *****9 *****/ export import VEBBEL VOV P™ P
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      Page 31 Advertisements Column 3
      798 31 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PKL PEN K)H SIN HUG *AQ tAI *EE KOB 0S« MOl BUS SEA RANGER N046 04 02 0*) 02 01 02 08 09 02 13 02 lb 0? T717 T S via MO IToF ITo7 25 02 WAN HAI 205 N069 0/ 02 08 02
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      503 32 cf D JOINT VENTURE WV SAMUDERA INDONESIA SIR RICKMERS Will SINGAPORE CHINA DASA SEFUUH VOY 3NB 14 FEB QINGDAO GREEN ERA VOY 4NB 13 MAR XINGANG SHANGHAI INDUCEMENT CALL P KELANG INDUCEMENT CALL HK. PJSUOANG. BELAWAN. TG MANI XIAMEN. HUANGPU ;<$ UTAMA HARTA WEEKLY FULL CONTAINER SHIP FEEDER VESSEL NAME
      503 words
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      Page 32 Advertisements Column 2
      1277 32 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FM vsi rsir)i*H*w St* m fOI ft* ttl IIWHWI sav lm htc HANWI WIIETO/U* 02* 11/2 WKCt 2/3 J/3 4/3 HAHJH KWANGYANG 1241 12, 2 H. MtIJNG 0521 16/3 17/3 l»/3 HANJM UHAVRt o?9t W/2
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      1364 32 I d-TrTT^TT^ Inn scr use wg klg ns wr oh net m iyo iu as bai nc u« im mm nr hk no cm nu. „s» -M I GATIO RE-Oil U/I 132 10,7 23/2 27/2 21/2 1/3 2/3 3*3 4/3 15/3 21/3 30/3 31/3 10 4 11/4 12/4 22/4 2/5
      1,364 words
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      3311 33 VARNA (BULGARIA) CONSTANTZA (ROMANIA) VIA LIMASSOL 3 SAILING PER MONTH ITO Fu yStuSte CMtaSlrf '< !?0 584 J /«44 c£t2iwf"s«: VI: *****02 Operation Container: 4205 715 COSTA R SHIPPING PTE LTD THax: ***** COSHIR Conventional: *****50 D/ Jp 4205/46 I Start** Wv (l/ OI CH No: **********0 M Fax: *****08
      3,311 words
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      Page 33 Advertisements Column 2
      405 33 (ft FAMOUS CONTAINER LINES —80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 13/02 ROTTERDAM 13/02 AARHUS/COPENHAGEN 13/02 HAMBURG/BREMEN 14/02 MARSEILLE/FRANCE 16/02 FELIXSTOWE/UK 13/02 BARCELONA/SPAIN 10/02 LEHAVRE/FRANCE 14/02 GENOA/ITALY H702 ANTWERP/BELGIUM ***** LOS ANGELES/WC/IPI 09/02 SYDNEY/MELBOURNE 09/02 NEW YORK/EC 09/02 FREMANTLE/ADELAIDE 09/02 VANCOUVER 10/02 BRISBANE 10/02 TORONTO/MONTREAL
      405 words
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      Page 33 Advertisements Column 3
      167 33 |°iPONGNAMA LINE CONTAINERISED SERVICE BTRAITS/»LW/IHC/»aN wsm (ics) scr sin me mc bsh SMMC IW »M» 12 02 13 02 14/02 K 20 02 01 01 BASHO* »M» II 02 20 02 22 02 21 02 05/03 00 0) MMM W>2N 25 02 27/02 20 02 02/01 12/01 15/03 n*S»»S IftO*
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      1052 34 1 VESSEL 3f'9l I VESSEL ~VOY SIN PEW 1") WANA BHUM 286S Wed_ JnM ®Sl VV2_ KOTA JAPE JADO37 W»d lln Pt Fri lo7z~ VESSEL VOY SIN BKK IBRA BHUM 878 Fri_ JW2. _W*d_ _15/2_ j NTRA BHUM 5023 Fri 10/2 S.t 11/2 11] MAMA BHIIM* 216W Thu 9/2 Sun
      1,052 words
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      Page 34 Advertisements Column 2
      973 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****9^FAX^*****^^^^^*****2000CN STRAITS SHUTTLE SERVICE Hw PORT KLANG PENANG vessel vor sm pkl vessel »ot sm pen" SEA i.*Oßtl 36CN 082 WtD. 10 1 FRI) MCC COWVEVOR SOOT 07 J gut' 10 I (MB HOW GEMW 10 2 (FRI. 12 2 'SUM, »QUR IAYA
      973 words
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      919 35 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. CR NO **********0E fi VESSEL VOY SIN CMS JIB HOO JEO AOJ ADE PZU MSW ASA 2.' KOTA WUAYA WJASIS 10/2 14/2 20/2 22/2 24/2 26/2 2/3 7/3 10/3 KOTA BcRLIAN BRL27P 17/2 21/2 20/2 2/3 4/3
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      906 35 «saLS ¥OT~ sm »mm HOBUHC THAMES HOTTEHPAM HUE 01 M6ITTA SO7W 08 0? 01/03 03/03 05/03 06 03 07/83 mu o *qw» ao7w 15/02 o«/o3 10/03 12/03 13/03 u/03 Witt DHTPM HO7W 73/0? 15/03 17/03 H/03 20/03 21/03 VIILI X ITRA TO7W 02/03 22/03 24/03 26/03 27/03 ii/ 03 •AISO
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      Page 35 Advertisements Column 3
      593 35 BSfl ik MYANMA |SBBk FIVE STAR LINE (Myanmar National Line) loading for Yangon (Rangoon) Spore P.Kit Pen PGdf TANAH AK V2W SAIED HPA-AN V2O7W 12/14 Feb PAGAN V2IBW 2« Feb MALAYSIA AGENTS BOUSTIAD SWPMG AGENCES KUI: TEL 02-03 *****00 PHI: TEL 0243 *****87 PEN: TEL 02 04 *****2 PGD: 111
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      680 38 H TEL: *****33 (12 Lines) B FAX: *****15/*****03 ttj TELEX: R8 ***** RISHIP (3 Lines) CR NOj **********0E ETHIOPIAN SMPFttfi LMIB Jf (Nitioral lints of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vnml Voy ETA I Loading For Sport Andinef 38WB 03/04 Mombasa. Djibouti Assab. Massawa Abbay Wonz 43W8 08/05 Mombasa. Djibouti
      680 words
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      750 38 J PI k AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi, Islamqala (Doqharun) mWm€3cuWm c.i.s./russia: ma Ata. Ashkhabad. Baku, Dushanbe. I HIIH-inr 0 u .runh Irkutsk. Khabarovsk. Krasnoyarsk. Korsakov. Moscow, MllllZ&r fit Muncn Novosobirsk, Sochi. Tashkent Tbilisi. Vladivostok. Vostochny International Forwarders Mongolia: uiaan Bator N orea; Pyongyang. Nampo EXPRESS CONTAINER SERVICE TO
      750 words
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      Page 38 Advertisements Column 3
      270 38 THk FOONG SUN V SHIPPING (PTE) LTD. WHOLESALE CENTRE, BLOCK 1, #0310 SINGAPORE 0511 BOOKING/ENQUIRIES CR NO: **********0W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP VESSEL VOY ETA ETD DESTINATION SUN RAY 3/95 13/2 15/2 PLAJU/PALEMBANG SEAMAR 2/95 13/2 15/2 PONTIANAK/SINTETE GULF DAOUD 3/95 20/2 22/2 BENGKULU/PAOANG SUN
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      Page 38 Advertisements Column 4
      424 38 *ABMN CONTAINER LINES, INC -|\=/\"ir Afl« nt MAC-NELS SPORE: *****22 (24 LINEB) X V 'cm Ho 1200S7M000C SIBU (084) *****9 KUCHING tta|>B*433 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (635#t***** P KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK
      424 words
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      184 39 AC SINO EXPRESS SHIPPING (PTE) LTD. MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. 1 7 TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKG/SHAI SPORE HKG SHAI VESSEL VOY ETA I ETD ETA I ETD ETA I ETD LATMOS 921/922 25/2 26/2
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      Page 39 Advertisements Column 2
      1425 39 feeder m pen mot*r *se stow ieh rtm ham am at *a m stone we fusaji kok shmzu ngo BSE/ITB 5020/5020 04 02 04 02 M) OCEAIBA 2524 07 02 25 02 26 02 2712 01 03 #2.03 NORRMMK IMS 10.02 1102 14 02 17.02 19.02 20.02 2102 1 BSE/ITB
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      1540 40 ■BIi'iMHiHUWHI U. S. A. /CANADA 3 TIMES A WEEK MAERSK VANCOUVER V. 9504 ETA SIN 14TH FEB 95 MATHILDE MAERSK V. 9504 ETA SIN 14TH FEB 95 LUNA MAERSK V. 9504 ETA SIN 15TH FEB 95 Vessel Voy ETA I ETD DESTINATIONS Next Weak PANAMA Next Week 6TH STRING MATHILDE
      1,540 words
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      809 40 MMloyd f UIL CONTAINER SERVICES I tot >'• y/lail I C swill M7W 04 tl MO2 M til) 111) KO3 00 0] 07 0J ItSMUTR m 11 02 1J U 17 02 10 03 (7 03 01 03 IDtQUtI MTU 11(2 19 02 10 02 00 03 10 03 UO3
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      804 40 TO E. CANADA US ATLANTIC US GULF «?Xo P.KEIANG HALIFAX N YORK NORFOLK N ORLEANS MOBILE TAWPICO HOUSTON xrifr J/® F b 8/9 Feb 16 Mar 19 Mar 22 Mar 28 Mar 31 Mar 3 Apr 8 Apr HOFGH 2/.n HZi* 1 Feb 2 5 8 Apr 14 Apf 17
      804 words
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      562 41 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BMMBUK SOC CARGOCS TO FROM OSAKA. YOKOHAMA NAGOYA. MO*. TOKYO*. MANIA*. DAVAO* Penanj* P KHanj Singapore E'Msia* KARABIVERETT V2IE 24/25 Feb ttMALEVERETT V2SE 14/15 Mar 'A VESSEL 22/23 Mar ACCEPTKC BKAKBUK FCI/ SOC CARGOtS TO/FROM CMTTAGONG. CALCUTTA MO MONGIA*. Singapore P. Kelang*
      562 words
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      188 41 BE GLORY NAVIGATION GROUP to AMS REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 6/2 12/2 14/2 16/2 GLORY SELATAN X 4/2 10/2 12/2 14/2 SIN KAO GLORY SELATAN VIII 8/2 15/2 SINGAPORE ASEAN
      188 words
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      638 41 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE VESSEL SIN ""kARACM™" HYDERABAD 137-HW 20/02 01/03 tSIAMABAD 132-HW 2</02 07/03 MAKRAN 156-HW (tt/03 M/ 03 SARGOPHA 153HW 12/03 21/03 mii can cur ran hmct to Nmcncm FAR EAST CONTAINER SERVICE ONLY VOT" SIX BSW OS NAG TON MAHKAH 155-OW 05/02 10/02
      638 words
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      675 41 Liunailßßßl!|pM FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL/VOY ETA SIN ETA MAA MV TIGER SPEED 08-09/02 14-20/2 MV BUNG A TERATAI V TERO27 10-11/02 16-17/02 MV PESTOVOV 09 12-13/02 18-19/02 MV TIGER CAPE VOI4N 15-16/02 21-25/02 MV SEA DRAGON V DRGO4I 16-17/02 22-23/02 MV TIGER ISLAND VI29N 17-18/02 23-27/02
      675 words
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      318 41 SIN FAR EAST 14/2 KEEIUNG/KAOHSIUNG 12/2 BANGKOK 12/2 MANILA/CEBU 12/2 JAKARTA/BELAWAN/SURABAYA 12/2 PORT KELANG/PENANG/E. MALAYSIA 12/2 BUSAN 12/2 TOKYO/YOKO/KOBE NGO OSA 12/2 HONG KONG SIN CHINA 12/2 GUANGZHOU/HUANGPU SHENZHEN FUZHOU XIAMEN SHANTOU/SHEKOU DALIAN SHANGHAI/XINGANG TIAN JIN/QINGDAO HAIKOU also accepting LCL cargo SIN EUROPE/UK 13/2 LDN/FLX/LVP SOU 13/2 RDM HAM ANT/LEH/GOA/OSL/GOT/BCN
      318 words
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      633 42 FIXED k WEEKLY SAILINGS Tel: 261-3595 Fax =S^B^^g^gSHßF? MELBOURNE u) GP SHIPPING PTE LTD Call: Kenny/Mas/Peter STAR SHIPPING AGENCIES (S) PTE LTD MOTS ro*. ZIM CONTAINER SERVICE GOLD STAR LINE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (8 LINES) FAX: *****70 <co wo. mn>*oow-» N.AMERICA/CARIBBEAN SERVICES JfigßSwi una Iww I soi
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      Page 42 Advertisements Column 2
      419 42 Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SjL €Br CMT Liner Express Agencies Pte Ltd Hot Line: 22-007-22 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD. SINGAPORE 0208 TEL: *****88 FAX: *****64 Mm.m TLX: R*****5 SINMER OR No: **********0W Receivinf Cargo at PTI I Blntulu "1 I
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      Page 42 Advertisements Column 3
      415 42 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 12 FEBRUARY (Accepting to all N*w Zealand porta) PENANG 10 FEB JAKARTA 12 FEB PORT KLANG 9 FEB BAN6KOK 12 FEB MANILA 12 FEB MELBOURNE 9 FEB SYDNEY 9 FEB BRISBANE 12 FEB FREMANTLE 9 FEB ADELAIDE 9 FEB I6OTHENBURG 11 FEB
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      Page 42 Advertisements Column 4
      1157 42 CONSOLIDATION TO BUS AN Singapore I HR?&>WR\\ AKDLR IN OFFERING TWICE WEEKLY LCL SERVICE TO BUSAN 1 cfc Call SANISA at DID: 277 1058 for bookings NOW!!! Tel: Fax: Singapore >61 1668 272 9838 INTERNATIONAL SEA FREIGHT A Also has offices in:- FORWARDING MM MALAYSIA lILMLAM) PHILIPPINES mm AND LOGISTICS
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      694 43 SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R Y.S.N. V°y Hong Kong Singapore P. Kttong Pwing CMo Orchid 13 12-12/2 13-14/2 Sun RuOy 13 13-13/2 Star Ruby 5 IN PORT 14-15/12 18-17/12 18-19/2 S— Patent
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      Page 43 Advertisements Column 2
      2271 43 CEYLON SHIPPING CORPN Ragr) Nationol line of Sri Lanka CONTAINERISED SERVICE TO IK \ND NORTH CONTINENTAL FORTS «gl |WT|»|ao|U»|HM»llWllMM|Mn KP GtWOW 05IW 1? 2 V 2 WOIIMM HMBOU»6 3 15/2 70 2 II 3 ~wT 71/7 IP ag WW 17/7 22,2 ~~T~ ~T~ NOOSU HOWE*OWE *587 1 12 2 21
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      Page 44 Advertisements Column 1
      1622 44 AMERICAN PRESIDENT LINES, LTD. 19 KIPPtI ROAD »02 01 JIT POH BOtIDING SINGAPOWt 0208 TEL 235 9966 F«» 221 4923~ ALSO OFFERING SERVICE TO/FROM *PRC *CIS 'VIETNAM *EAST RUSSIA 'CARIBBEAN 'LATIN AMERICA 'EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY TO WORTH AMERICA A CANADA WEEKLY CONTAINERIZED SERVICE iKßti/wtug |kh|
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      Page 44 Advertisements Column 2
      1822 44 K44 v AS AGENTS: "K" UNI (SINGAPORE) PTE LTD (O NO **********0 M GSJJttG NO: M2-*****99-C) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****'6/7iB/9 i W MALAYSIA -1" LINE MARITIME (MALAYSIA) SON SHO -1 W*J TEL: SA *****00 PK *****75 PEN *****20 JB *****0,} PGU.^5 *****/6 INDONESIA: P.T. SARANA LAUT INTERNUSA.
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      Page 44 Advertisements Column 3
      474 44 BLACK SEA SHIPPING CO (UKRAINE): BLASCO SERVICES BLASCO: tNWARP *****65 OUTWARD *****28 FAX *****26 MSQUNK I LOAOIH6 noti wt tfM jehahl ji Im In |ai ijomi nMfos|nrin|giM 1.1 TOMAS 24CE94 til HO HO 24CW94 IS/02 21/12 06/03 12/03 IS/03 17/03 11. TWSM HCt95 14/02 24/02 14/03 01CW95 19/03 24/03 00/04
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      Page 45 Advertisements Column 1
      495 45 A HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 |~TNA fp»(i PGO VESSELS VOY SW RTM AWT LEH HAM BREJ PEL 08/02 10/02 i1702~ SEA PROGRESS 315W 13/02 03/03 05/03 04/03 05/03 05/03 07/03 15/02 17/02 11/02 H. CHALLENGER 314W 20/02 10/03 12/03 11/03 12/03 12/03 14/03 22/02
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      Page 45 Advertisements Column 2
      376 45 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE i RORO CARRIER SPECIALIZE W HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS lEM lETO VESSEL VOY SIN PK 10AWNC fOR SOMAI 31 SID BANTEN 11/2. lAKMTA 12/2 OIANGE MOON SO 11/2 BANGKOK 14/2 KU2MA GMDASH l( 13/2 CHAMPION TRACO 43 13/2
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      Page 45 Advertisements Column 3
      643 45 JEDDAH/UK/CONTINENT I STORE »D S lON HWRC R DAM LEH 'Also Acceptrj C«p fm KATSURAG 25/305 11/2 20/2 1/3 4/3 0/3 0/3 Southampton :toal UK destnabon. Belfast atd Dubfci THAMES 27/100 15/2 4/3 7/3 5/3 Rotterdam to al Antwerp Amsterdam Oslo. Hehadu MAAS 01/306 10/2 27/2 0/3 11/3 13/3 15/3
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      305 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 1.2 1.6 2.0 2.3 2.4 2.4 2.2 1.9 1.6 1.3 1.1 1.0 1.0 1.2 1.4 1.6 1.7 18 1.7
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