The Business Times, 9 February 1995

Microfilm: NL19771
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 BUSINESS TIMES WE KNOW ASIA MITA(P) 194/12/94 Thursday February 9 1995 85 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow up 9 points
      68 1 Reuter NEW YORK Blue-chip stocks resumed their rise yesterday, benefitting from Wall Street's recent bullishness. The Dow Jones industrial average rose 9.42 points to 3,946.81 at I pm EST, nearing its record closing high of 3,978.36, set on Jan 31, 1994. In the broader market, advances
      Reuter  -  68 words
    • Article
      Lock icon US-Japan car talks
      33 1 AFP WASHINGTON The United States and Japan still have a long way to go to reach agreement on opening Tokyo's auto market, Deputy US Trade Representative Charlene Barshefsky said yesterday.
      AFP  -  33 words
  • Article
    MARKET SUMMARY
    166 1 Stock market indices Wednesday Change ST" 2,091.62 -27.18 KLSEComp 964.75 -10.83 Nikkei 18,290.25 -210.30 Hang Seng 7,934.83 -69.18 SET Index 1,314.24 -15.01 Jakarta Comp 451.95 -5.38 CLSA China B 804.46 -1.96 Aust All Ord 1,823.3 -22.5 FTSE 100 3,072.5 -0.2 Wednesday Previous 1pm EST close Dow Jones 3,946.81
    166 words
  • Article, Illustration
    Lock icon Royal Brothers close to buying 500-room Alison Hotel
    686 1  -  By Abdul Hadhi SINGAPORE The Royal Brothers group is believed to be close to buying Paul Sun's 500-room Alison Hotel in Victoria Street. If they pull off thts deal, it will be the group's second local hotel purchase within six months. BT
    Photo by Chris Loh  -  686 words
  • Article
    Markets dip but outlook still good
    209 1 SINGAPORE All regional stock markets yesterday paused for a breather, but brokers said the underlying tone of the markets continued to be firm. In Singapore, the Straits Times Industrials Index ended 27.18 points or 1.28 per cent lower at 2.091.62. Dealers said investors were
    209 words
  • Article
    Lock icon Aluminium prices crash in London
    176 1 AFP Reuter LONDON Aluminium prices, hitherto little affected by the slumping metals market, crashed on the London Metal Exchange yesterday as speculators withdrew in search of more secure markets. Analysts said the threemonth reference price dropped around US$l65, about 8 per cent, to close at
    AFP; Reuter  -  176 words
  • Article
    SSL, DBS Land start private sales of Pebble Bay condo units
    326 1  -  By Lilian Ang SINGAPORE Listed Straits Steamship Land (SSL) and DBS Land have begun private sales of their joint venture condominium project. Pebble Bay. Sources said priority booking for staff members was held yesterday with prices pegged at an
    326 words
  • Article
    Indon breweries angry over govt move to give distribution monopoly to firm
    494 1  -  From Leslie Lopez in JAKARTA FEARING sharp falls in sales, Indonesian breweries are demanding that the government scrap a plan to grant a politically well-connected firm a virtual monopoly over the distribution of alcoholic beverages. "This move is
    494 words
  • Article
    Lenders split on whether property bridging loans are secured loans
    496 1  -  By Quak Hiang Whai SINGAPORE Almost a week after the government announced measures to curb unsecured personal loan growth, banks and finance houses are still divided on whether bridging loans for property financing are considered unsecured. Under the new guidelines
    496 words
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      91 1 I CERRUTIIBBI SWISS WATCHES Time is on my side DYNASTY WATCH PTt LTD. I>l 733 2765 CONTENTS SStV™ Regional News 3.4,5 Financial 20.21 World News 7.8 Futms Markets Analysis 15 Oob/KISE. SES 24 26 Editorial 14 Regional 22 Sporti 9 World .23 IV litestyte 13 Currencies 20 Innovation 10 Smwx/Commo
      91 words
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      8 1 Innovation: Pg w Bright sparks from Poly students
      8 words
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      39 1 Hock Lock Siew: Pk n L_l a r i Testing time for new YHS Chief V Eye on Economy: Interest in equities likely to pick up, Pg 2 Regional markets, Pgs 22-26 Base metal prices losing lustre, Pg 20
      39 words
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      123 1 rhottom Line: Pg 16 [The paradox of growth M■ CO 7233 HwomMi CO Tuner wrth DSP Sound ProctssorfCD Changer Control*' FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. *****33 Kuala Lumpur: Phone. 757 0233 Penang: Phone. 615 985/619 014 Jakarta: Phone *****9/*****8 Finance firms told to write down value
      123 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Interest in equities likely to pick up
        259 2  -  By R Sivanithy AFTER a slow start to the month, trading volume on the Stock Exchange of Singapore main board and Clob eventually picked up to total 2.23 billion units worth $5.9 billion in January which in dollar terms was 24 per cent
        Source: MAS  -  259 words
    • Article
      Aussie bloodstock firm sets up company to manage S'pore auctions
      326 2  -  By Juliette Walker AUSTRALIAN auctioneer Magic Millions Bloodstock, which put 41 untried racehorses under its hammer in Singapore last September to rake in $2.2 million, has incorporated here to manage its thoroughbred operations. Anthony Twohill, a director of the newly
      326 words
    • Article
      Replacement for HP's Alex Chan hinges on HK talks
      301 2  -  By Claire Leow COMPUTER group HewlettPackard Singapore will decide who will replace Alex Chan as managing director only after discussions with its Hongkong regional headquarters, a spokesperson said yesterday. She said it would be difficult to speculate how many HP managers
      301 words
    • Article
      Don't assume no quake risk, insurers told
      479 2  -  Insurance Commissioner lauds preliminary study on earthquake risks in S'pore By Soh Tiang Keng THE INSURANCE industry should not take for granted that there is no earthquake risk in Singapore, Insurance Commissioner Lim Shu Chiau said yesterday. Backing the preliminary study on earthquake
      479 words
    • Article, Illustration
      Search for LRT system takes off
      398 2  -  From Ramesh Divyanathan in PARIS THE SEARCH for an LRT (Light Rail Transit) system for Singapore has begun. On Tuesday, Communications Minister Mah Bow Tan inspected a French-made LRT system called SK, a ca-ble-based operation that docs not require drivers. Mr Tan was leading
      398 words
    • Article
      Finance firms told to write down value of car loans
      624 2  -  By Catherine Ong THE Monetary Authority of Singapore (MAS) has asked finance companies with sizeable hire purchase business to write down the value of car loans booked in the second half of 1994 to reflect falling COE prices, industry sources
      624 words
    • Article, Illustration
      Lock icon Japan's Kenwood moving R&D, 30% of its communications production to S'pore
      373 2  -  By Michelle Low JAPANESE audio goodsmaker Kenwood will shift research and development (R&D) functions and up to 30 per cent of its communications equipment production here by next year. Two production lines costing $4.3 million already produce 18 per
      Photo by Francis Ong  -  373 words
    • Article
      Institute aims to lift image of sales people
      172 2 THE Marketing Institute of Singapore wants to help raise the profile and professionalism of sales people. It aims to do so by conducting talks featuring successful Asians, holding an annual contest to choose Singapore's best sales person and forming a Sales Professionals'
      172 words
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      250 2 r size BDfflQ any shape. I have a track record of transactions even the big boys will be proud of. My success story couldn't be !_Mi better t01d... 136 properties in 12 months, all sold! If going with a top Producer is not a guarantee of success Hi then vtfiat
      250 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Hartono named as Indonesia's new army chief
      296 3  -  From Leslie Lopez in JAKARTA ENDING weeks of speculation, Indonesia's powerful military yesterday announced that Lieutenant-General R Hartono will be appointed as the country's new army chief. Lt-Gen Hartono, 54, who is head of the army's sociopolitical affairs department, will replace General Wismoyo
      296 words
    • Article
      Lock icon Ho Chi Minh City to cut state-owned firms by 50%
      525 3 AFP HANOI Vietnam's commercial centre. Ho Chi Minh City, is to keep only 50 per cent of its 300 state-owned firms and will privatise the rest in a bid to boost efficiency and profitability. The newspaper Tuoi Tre yesterday quoted
      AFP  -  525 words
    • NOTE BOOK
      • Article
        Lock icon Thaksin suing Bangkok paper for libel
        105 3 AFP BANGKOK Outgoing Foreign Minister Thaksin Shinawatra has filed a defamation suit against the publishers of the newspaper Thai Financial, a eourt official confirmed yesterday. Mr T haksin, who is leav ing his cabinet post on Saturday, named Thai Unancial editor Chanchai Sanguanwong and
        AFP  -  105 words
      • Article
        Lock icon Indah Kiat under fresh pollution probe
        67 3 Reuter JAKARTA PT Indah Kiat. one of Indonesia's largest pulp and paper firms, is under fresh investigations over allegations it polluted the Ciujung River in western Java, an official said. Panji rirtayasa. spokesman for the Serang regional government, said they would close any company
        Reuter  -  67 words
      • Article
        Lock icon Hanoi to merge 2 state oil trading firms
        87 3 AFP HANOI Vietnam is to merge two state-owned fuel import-ex-port firms into one large corporation to boost the strength of the country's fuel trading base, the Turn Tre newspaper said yesterday. The two firms Kerogasimex. which specialises in imports and exports of
        AFP  -  87 words
      • Article
        Lock icon Mahathir denies Daim leaving politics
        48 3 Knight-Ridder KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad has denied reports that a key leader of his ruling United Malays National Organisation is leaving politics. Dr Mahathir said Umno treasurer Daim Zainuddin has not indicated that he wants to retire from politics. Knight-Ridder
        Knight-Ridder  -  48 words
    • Article
      Lock icon Sabah orders review of controversial timber deals
      299 3 Bernama KOTA KINABALU Sabah Chief Minister Salleh Tun Said yesterday ordered a review of last year's controversial sale of large tracts of timber concession by a state governmentowned company to two private timber companies. Mr Salleh said Innoprise Corporation Sdn Bhd (ICSB), the
      Bernama  -  299 words
    • Article, Illustration
      Lock icon In search of a sanctuary
      119 3 Reuter MAE SOT, Thailand An old Karen refugee carrying his dog and belongings crossing a Thai-Myanmar border checkpoint in Mae Sot yesterday. Myanmar troops crossed into Thailand yesterday during an intensive attack on the rebel Karen National Union's last major border stronghold, a Thai army
      Reuter  -  119 words
    • Article
      Lock icon New Asean tourism body modelled after Pata likely to be set up
      425 3 MBT KUALA LUMPUR A new body in charge of Asean tourism is likely to emerge within a year to add bite to an industry that is becoming one of the largest revenue earners for member countries. A study
      MBT  -  425 words
    • Article
      Filipino firm sets up aircon plant worth a cool 700 m pesos
      278 3  -  From Al Labita in MANILA A HOME-grown Filipino company which will be listed soon has set up a 700 million pesos (Ss44 million) airconditioning plant which is touted as one of the largest in Southcast Asia. Concepcion Industries
      278 words
    • Article
      Lock icon Thailand, Cambodia settle dispute over flight operations
      212 3 AFP BANGKOK Bangkok and Phnom Penh have settled a dispute which had prevented Cambodia's new national carrier from flying into Thailand last week, a Thai aviation department official said yesterday. Department director Srisook Chantarangsuk sent an official letter to his Cambodian counterpart on
      AFP  -  212 words
    • Article, Illustration
      Lock icon Ramos accuses China of intrusion in Spratlys, detaining fishermen
      296 3 Reuter MANILA The Philippines yesterday accused China of breaking international law by stationing armed vessels and detaining Filipino fishermen in an area in. the disputed Spratly Islands claimed by Manila. Philippine President Fidel Ramos said his defence department had photographs proving
      Reuter  -  296 words
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      9 3 NBT confirms Sabah considering revamped timber proposal, Pg 17
      9 words
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      Page 3 Advertisements Column 2
      115 3 v fd' n f i v"T^P^^ NORWICH HOUSE 6-10 O'CONNELL STREET, SYDNEY AUSTRALIA IS FOR SALE Right at the hub of the industry's heart Sydney's financial district Norwich House presents a number of other distinct advantages: 90% leased (CIC Insurance, Easy access to bus, rail and ferry terminals British Telecom,
      115 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Shanghai to elect new mayor
        72 4 AFP HONGKONG China's largest metropolis of Shanghai is to elect a new mayor soon as mayor Huang Ju is stepping down. The Beijing-funded Hen ll'ei Ho yesterday said Mr Huang, who was promoted in September last year to the standing committee of the Chinese Communist
        AFP  -  72 words
      • Article
        Lock icon Taiwan's trade deficit up 8.7%
        87 4 AFP TAIPEI Taiwan's trade deficit stood at USS7O million (SSIO2 million) in January, an 8.7 per cent advance over the same month of last year. The Finance Ministry yesterday attributed the deficit to the island's widening imports of U557.46 billion in the month, a 0.3
        AFP  -  87 words
      • Article
        Lock icon Major crimes in China soar
        55 4 Reuter BEIJING Major crimes reported in China jumped 15.6 per cent in 1994 to 624.000 cases from 1993. with police seizing 15.000 illegal firearms. Official media yesterday said cases of robbery, fraud and theft in 1994 soared by 14.9 per cent. 26.3 per cent and
        Reuter  -  55 words
      • Article
        Lock icon China has 38m stockholders
        56 4 Reuter BEIJING China has 38 million stockholders, with a total of 25,800 stockholding firms. The Financial News yesterday said that in 1994, China set up 12,800 new stockholding firms. Only a small proportion are listed, with a total of 290 listed on China's two exchanges as
        Reuter  -  56 words
      • Article
        Lock icon Cost of new HK airport could take off
        84 4 AFP HONGKONG The cost of Hongkong's mammoth new airport could climb unless China approves financial support documents necessary to borrow money for the project. Hank Townsend, head of the Provisional Airport Authority, yesterday said progress on the Chek Lap Kok airport and
        AFP  -  84 words
      • Article
        Lock icon China tests social security plan
        85 4 Bloomberg Business News BEIJING China has been testing a new social security system in four of its poorest provinces aimed at eventually replacing the country's existing socialist version. The official People's Daily said on Tuesday that a social safety net "with Chinese characteristics" had been
        Bloomberg Business News  -  85 words
    • Article
      Lock icon Beijing drafts rules for issue and use of credit cards
      238 4 AFP BEIJING China's central bank is drafting regulations aimed at standardising the "■"credit card sector, in a bid to create an integrated national network as plastic fever mounts. Liu Zhong. an official at the "-People's Bank of China, yesterday said
      AFP  -  238 words
    • Article
      Lock icon US offers subsidised wheat despite row
      236 4 Reuter WASHINGTON US President Bill Clinton's administration offered China one million tonnes of subsidised wheat on Tuesday, despite launching into a trade war over intellectual piracy just three days before. The wheat was offered in the normal process of the US Department of Agriculture's
      Reuter  -  236 words
    • Article, Illustration
      Lock icon Beijing takes tough line ahead of copyright talks
      541 4 US-China trade dispute Reuter Bloomberg Business News BEIJING China yesterday urged US negotiators to leave their "irrational demands" at home next week when they visit Beijing for talks to defuse a looming trade war over intellectual property violations. A foreign trade ministry
      Reuter; Bloomberg Business News; AFP  -  541 words
    • Article
      Lock icon Motorola wins US$150m deals in China
      58 4 Reuter ARLINGTON HEIGHTS, Illinois Motorola Inc's international cellular infrastructure division said on Tuesday it won contracts totalling almost US$l5O million (SS2I9 million) to expand and upgrade existing analogue cellular systems in the Jiangsu and Zhejiang provinces of eastern China. These new contracts are Motorola's
      Reuter  -  58 words
    • Article
      Lock icon China announces plan to reform state enterprise
      471 4 AFP BLIJING China has issued a plan for state enterprise reform this year. Xinhua News Agency said yesterday, in a move reflecting continued government hesitation to extend radical measures beyond a select group of 100 firms. The State Economic and Trade Commission plan
      AFP  -  471 words
    • Article
      Lock icon Triton of US in offshore oil exploration deal with China
      262 4 Reuter BEIJING A US firm said yesterday it had signed a contract to explore for oil off China's south-east coast, adding that the country's potential for oil exploration was among the greatest in the world. Triton Energy Corp signed a
      Reuter  -  262 words
    • Article
      Lock icon Hughes says China irresponsible on satellite claim
      446 4 Reuter HONGKONG United States satellite-maker Hughes Space and Communications yesterday accused China of being irresponsible for blaming it for the explosion of the Chi-na-backed Apstar 2 satellite last month. "At this point it is extremely premature and irresponsible to seek to speculate on
      Reuter  -  446 words
    • Article
      Lock icon Taiwan's ruling party blasts Chinese offer of talks
      278 4 Reuter AFP TAIPEI Taiwan's ruling Nationalist Party said yesterday that Beijing's latest toplevel offer of an olive branch was "overbearing, arrogant and hegemonic". A speech by Chinese President Jiang Zemin last month was a ploy to seduce Taiwan into negotiations to further
      Reuter; AFP  -  278 words
    • Article, Illustration
      Lock icon KL says Taipei welcome to join EAEC
      346 4 Reuter TAIPEI Malaysian Prime Minister Mahathir Mohamad says Taiwan is welcome to join a proposed East Asia Economic Caucus (EAEC). but not as a country. The L'nited Daily News, one of Taiwan's two biggest newspapers. yesterday quoted Dr Mahathir as saying: "Taiwan can
      Reuter  -  346 words
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      Page 4 Advertisements Column 1
      69 4 Loss of goods Loss of business Loss of business credibility Make 1995 your year of V improved businessM^W (CSAS) Corporate Security Advisory Service A Security Professional Who Understands Corporate Needs I have advised Companies in Singapore and internationally, introducing Security Plans and procedures to improve daily business operations. Call me
      69 words
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      Page 4 Advertisements Column 2
      7 4 Editorial: Avoiding a trade war, Fg 14
      7 words
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  • REST OF ASIA
    • Article
      Lock icon Japan trade surplus soars to record US$145b, economy on recovery path
      482 5 But Finance Ministry says real picture shows surplus on downward trend in yen terms Reuter AFP lOKVO Japan's trade surplus soared to a record U*****.82 billion (*****.2 billion) in 1994 from U*****.51 billion a year earlier, the Finance Ministry'
      Reuter; AFP  -  482 words
    • Article, Illustration
      Lock icon Kim buried here?
      79 5 AFP PYONGYANG Ihe tomb of King langun. the legendary father of the Korean people, standing at the top of a hill in the suburbs of Pyongyang. A Japanese newspaper reported yesterday that the late Kim II Sung might be buried in the tomb. In Seoul, it was
      AFP  -  79 words
    • Article
      Lock icon S Korea's economy seen running out of steam
      419 5 Reuter SEOUL South Korea's economic juggernaut is expected to start running out of steam in the second half of this year because of a slowdown in investment and exports, economists say. "In 1994, robust investment and exports were the main impetus for
      Reuter  -  419 words
    • Article
      Lock icon Australian business lobbies against proposed carbon tax
      367 5 AFP SYDNEY Australian business groups warned the government yesterday that a proposed carbon tax would cost the country jobs, production and export earnings. Australian Treasurer Ralph Willis told parliament on Tuesday that the government would decide within weeks whether to impose a "relatively
      AFP  -  367 words
    • Article
      Lock icon Tokyo wants non-permanent seat on UN council
      170 5 AFP TOKYO Japan will seek a non-permanent seat on the UN Security Council in 1997 and 1998 while awaiting full membership in the powerful body, the Jiji Press news agency reported yesterday. Quoting foreign ministry officials. the Japanese agency said Tokyo had decided
      AFP  -  170 words
    • Article
      US power firm gets assurance on Indian project
      327 5  -  By S N Vasuki SINGAPORE Cogentrix Energy Inc. an American company building a 1.000 megawatt power station in the southern Indian state of Karnataka. has been assured by provincial officials that the stalled project would receive regulatory approvals within the next 30
      327 words
    • ASIA NOTES
      • Article
        Lock icon India to boost oil exploration
        93 5 Bloomberg Business News MADRAS The Indian government plans to encourage oil exploration by announcing new policies for national oil companies setting up joint ventures with international firms, said Minister of State for Petroleum Natural Gas Satish Sharma on Tuesday. Mr Sharma told a seminar on
        Bloomberg Business News  -  93 words
      • Article, Illustration
        Lock icon Cash cards catching on in Pakistan
        50 5 Reuter ISLAMABAD A Pakistani citizen flashing his cash card at an electronic teller machine here yesterday. Cash cards and credit cards are slowly gaining popularity in Pakistan, where most people still rely on cash even when buy ing a car or a house. Reuter
        Reuter  -  50 words
      • Article
        Lock icon US, Japanese experts to hold car talks
        86 5 AFP WASHINGTON US and Japanese officials will hold three days of talks in Tokyo next week on ways to open the Japanese car market, a US Commerce Department spokesman said on Tuesday. The talks, at experts' level, are due to run from Wednesday
        AFP  -  86 words
      • Article
        Lock icon Australia to raise income taxes
        106 5 Bloomberg Business News SYDNEY The federal government will raise income taxes in the financial year that begins July 1, going back on Prime Minister Paul Keating's pledge of no tax increases, the Sydney Morning Herald reported yesterday. The pledge to reduce income taxes by ASS
        Bloomberg Business News  -  106 words
      • Article, Illustration
        Lock icon Female students protest against law
        42 5 Reuter DHAKA Female students from Dhaka University staging a demonstration outside the office of the vice-chancellor yesterday. They were protesting against a 1922 law that compels female students to return to their residence halls before sunset. Reuter
        Reuter  -  42 words
      • Article
        Lock icon Aussie jobs growth to slow: survey
        99 5 Reuter CANBERRA A regular survey shows Australia's rate of jobs growth will fall below its long-term trend rate of 1.2 per cent a year in the second half of 1995, the Employment Department said yesterday. This compares with the 3.6 per cent growth in
        Reuter  -  99 words
  • Page 5 Advertisements
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      67 words
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      249 5 SUCCESSFUL FRANCHISING In 10 clear steps this workshop helps you plan and develop a total franchise system. The Way power-packed hands-on sessions will provide you with all the practical aspects of franchising. You will walk away ready to carry out your franchising plans. KEITH HARDY is adynamic speaker Q STEPS
      249 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Maharashtra poll may mean crunch-time for Rao
      1014 6  -  India's state elections From Yogi Aggrawal in BOMBAY ELECTIONS to state assemblies in India seldom have a direct bearing on the shape of power in New Delhi. But this time it may be different. Of the six states going to the polls this
      1,014 words
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      Page 6 Advertisements Column 1
      163 6 Even The Price Is Straightforward. M JrSS J >MI 1 i MV :< m m Mm c w ij/ j j Ij j j m j 111 W $799 m The Brother Laser HL-631With Straight Paper Path Technology. For Faster Printing, No Paper Jams. o The affordable Brother Laser HL-631,
      163 words
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      Page 6 Advertisements Column 2
      27 6 Find a new owner for your apartment Make a move to sell your apartment to a variety of home owners quickly with a convenient, fast-acting classified ad.
      27 words
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  • THE WORLD
    • Article
      Lock icon Senior aide in Clinton's economic team quits in protest
      609 7 Los Angeles Times NYT WASHINGTON In a sign of growing tension within the White House over President Bill Clinton's economic policies, a senior aide on his economic team has resigned in protest over the administration's failure to deal more aggressively with
      Los Angeles Times; NYT  -  609 words
    • Article, Illustration
      Lock icon Is there a future for them?
      53 7 AFP NAZRAN, Russia Chechen refugee children from Grozny looking out of the window of a railway carriage which has become their temporary home in Nazran in the neighbouring republic of Ingushetia on Tuesday. Observers speak of an estimated number of 20,000 refugees from Chechnya
      AFP  -  53 words
    • Article
      Lock icon Middle East open for business: ministers
      417 7 AFP TABA, Egypt The first meeting of trade ministers from the US, Egypt. Israel. Jordan and the Palestine Liberation Organisation yesterday declared the Middle East "open for business" and backed efforts to end the Arab boycott of the Jewish state. "The trade leaders agreed
      AFP  -  417 words
    • Article
      Lock icon Major under fresh pressure over Euro currency
      432 7 FT LONDON Lurosceptics in the UK's ruling Conservative party were to put fresh pressure on Prime Minister John Major yesterday, to make a clear statement on whether he favours a single Luropean currency following the disclosure that the UK has made a 94.5
      FT  -  432 words
    • Article
      Lock icon Thatcher's son sued for alleged fraud
      255 7 AFP WASHINGTON Mark Thatcher, son of former British premier Margaret Thatcher, has been named in a civil lawsuit alleging wide-ranging fraud and racketeering in the operation of a Texas oil company. Mr Thatcher and his associates were accused of mail fraud, wire fraud, tax
      AFP  -  255 words
    • Article
      Lock icon German union warns of major strike against 'Rambo' bosses
      152 7 Bloomberg Business News HAMBURG. Germany 1G Metall, Germany's largest union, said on Tuesday that pay talks in the states of Saarland and North-Wuerttemberg broke up again and warned that a major strike may be necessary to fight the "Rambos" in the
      Bloomberg Business News  -  152 words
    • Article
      Lock icon Continuing education plan for US brokers
      417 7 Bloomberg Business News WASHINGTON The Securities and Exchange Commission is expected to approve today a continuing education programme for brokers proposed by the National Association of Securities Dealers and the stock exchanges. The programme will require thousands of brokers to undergo computer training on
      Bloomberg Business News  -  417 words
    • Article
      Lock icon EU to works towards more jobs, strong economy
      268 7 Reuter BRUSSELS The European Commission will pledge next week to fight to create jobs, build a strong economy and better manage the European Union, according to its annual working programme. The working programme, a 72-page document to be approved by the EU
      Reuter  -  268 words
    • WORLD WATCH
      • Article, Illustration
        Lock icon History in an egg-shell
        57 7 AFP BONN A German Mouse of History employee opening a Fabcrgc-cgg to take out a Lcporello containing the names of all German MPs who voted on the future seat of government of the unified Germany on June 20, 1991. The 14cm gold and enamel egg was
        AFP  -  57 words
      • Article
        Lock icon Mexico gets US$265m loan
        63 7 Bloomberg Business News MEXICO CITY The Mexican government said it has received a USS26S million (SS3B7 million) loan from the World Bank to fund workers* training programmes. The loan has a 15-ycar maturity, with a five-year gracc period. Mexico will pay an annual interest rate of
        Bloomberg Business News  -  63 words
      • Article
        Lock icon Kuwait expects oil income to rise
        73 7 Knight-Ridder KUWAIT CITY Finance Minister Nasser Al-Roudhan yesterday projected oil export revenues for the 1995-96 fiscal year beginning July I should increase to 2.56 billion dinars, up from 1994-95's projection of 2.23 billion. Mr Al-Roudhan was quoted by Al W atan newspaper as saying
        Knight-Ridder  -  73 words
      • Article
        Lock icon Fewer and fewer Russians
        102 7 AFP MOSCOW Russia's mortality rate rose by 8 per cent last year and the country's population fell by 124,000, deepening a demographic crisis. Itar-Tass news agency on Tuesday cited government experts as saying a large influx of immigrants had masked a real fall of 920.000 in
        AFP  -  102 words
    • Article, Illustration
      Lock icon No plateaus in this job
      57 8 AFP PARIS Two mountain-climbers preparing the Kiflel lower for its 17th face-lift on Tuesday. Twenty-five climbers will use more than 60 tonnes of paint in the 14-month project that will cost 20 million francs (555.5 million). The 320 m French landmark was erected in 1889
      AFP  -  57 words
    • Article
      Lock icon IMF chief moots plan to keep watch on weaker economies
      440 8 FT PARIS Convalescent economies will be watched over so as to head off financial crises such as Mexico's if a plan to be put forward by Michel Camdessus, managing director of the International Monetary Fund, is adopted. The plan is
      FT  -  440 words
    • Article
      Lock icon IMF lending rose to US$8.6b in 1994
      221 8 AP WASHINGTON Lending by the International Monetary Fund rose to US$B.6 billion (5512.5 billion) last vear from US$7.7 billion in 1993. the fund's "IMF Survey" reported. Most of its loans are made at rates close to those charged by commercial banks, but its
      AP  -  221 words
    • Article
      Lock icon G-7 invites Yeltsin to annual summit
      117 8 Reuter on AW A Russian president Boris cltsin has been invited to the annual summit of the Group of Seven industrialised nations in Halifax. Nova Seotia in June, the Canadian government said on l uesdav. "We have invited President Yeltsin, Canadian Foreign Minister Andre
      Reuter  -  117 words
    • Article
      Lock icon EC approves aid to TV and movie industry
      354 8 Bloomberg Business News BRUSSELS The European Commission approved aid to the television and movie industry of 400 million ECUs (SS73O million), and battle lines were drawn up in the dehate on how to support the seetor. The 20-member European Union executive decided
      Bloomberg Business News  -  354 words
    • Article, Illustration
      Lock icon Gingrich snuffs out revolt against US aid to Mexico
      341 8 Bloomberg Business News WASHINGTON House Speaker New! Gingrieh snuffed out a revolt by a small group of lawmakers bent on blocking President Bill Clinton's Mexican rescue package. Mr Gingrich on Tuesday rejected their motion that would have directed the General Accounting
      Bloomberg Business News; Reuter  -  341 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      142 7 We provide shelf companies and incorporation services in ALL jurisdictions, including British Virgin Islands Ct>ok Islands Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For further
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      Page 7 Advertisements Column 2
      287 7 I MFlilline I An SPH AudioTex Service In English Number Your Daily Stars 8450 The Aquarius Man; Win Prizes! Entertainment News 8451 Juicy News Of Tori Spelling <4 Nick Sevalas, Shannon DoherTy Uurmit Singh's TV Wedding Ghost Stories 8452 The Carpenter; Win Prizes! Children's Funland 8453 Giraffe Face Facts: Health
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      1178 8 CENTRAL PROPERTIES LIMITED AND ITS SUBSIDIARY COMPANIES (Incorporated in Singapore) PROFIT AND DIVIDEND ANNOUNCEMENT I UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1994 Tb« Group The Company 1994 1993 Change 1994 1993 Change SS'OOO SS'OOO SS'OOO SS'OOO Turnover (Note 1) 19.899 12.832 *55.1 30.309 22.835 *32 7 Profit before
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  • SPORTS
    • Article, Illustration
      Rover golf tourney a good warm-up for S'pore players
      568 9  -  Golf By Shahiron Sahari SINGAPORE The Rover Golf Championship starting today at the Jurong Golf and Country Club kicks oft" the long overdue Singapore Golf Circuit. It throws together, over three days, the best local professionals and amateurs, both men and
      568 words
    • Article
      Lock icon Athletic footwear makers heed the beat, and it spells team sports
      802 9 Bloomberg Business News ATLANTA Athletic footwear leaders are attacking the team sports market with a vengeance this year. The fast-grow-ing sport of street hockey is spurring some of the biggest interest among the companies, which are looking to outfit
      Bloomberg Business News  -  802 words
    • Article
      Lock icon England needs radical changes to halt the slide
      440 9 Ashes Series Review AFP PER I N England fast bowler Devon Malcolm's bout of chickcnpox sidelining him from the opening Test in Brisbane was among the more unlucky of a catalogue of sickness and injury almost without parallel among touring cricket sides.
      AFP  -  440 words
    • Article, Illustration
      Lock icon Only a tougher Australia can outwit Windies
      378 9 AP PERTH Australian captain Mark Taylor says his team must be mentally stronger to challenge the world champion West Indies next month, despite handing England its worst Ashes defeat in 47 years to finish otTthe 1994-95 series. Australia wrapped up an emphatic 3-1
      AP; – AFP  -  378 words
    • Article, Illustration
      Lock icon New Zealand boats end second round on high note
      537 9 America's Cup AFP SAN DIEGO, California Chris Dickson, playing every precious wisp of wind for all it was worth, guided his NZL 39 to a victory over a frustrated France 3 as the second roundrobin of the America's Cup trials concluded
      AFP; Reuter  -  537 words
    • SCORE CARD
      • Article, Illustration
        Basketball
        225 9 NKW YORK NBA Tuesday: Charlotte 92 Indiana 95 (OT): Cleveland 90 Philadelphia 84; Detroit 119 Washington 115; NY 87 Milwaukee 95; Minnesota 109 Golden State 100; Dallas 113 Phoenix 114; IX-nver 83 LA Lakers 85: Seattle 103 San Antonio 106; Utah 101 LA Clippers 88. Standings (W I. Pet
        225 words
      • Article, Illustration
        Yachting
        131 9 SAN DIECiO America's Cup trials 2nd rd luesda> Uiiis Vuitton C up Challenger Elimination Series: Tag Hcucr C hallenge (Chris Dickson) b France 3 (Marc Pajot) by 3 mins; Team New Zealand (Peter Blake) b Rioja de Espana (Pedro Campos) by 20 mins 50 see; Nippon (Makato Namba) b
        131 words
      • Article, Illustration
        Lock icon Tennis
        149 9 AFP AFP MAKSKII.LK, France L *****,250 Marseille Open Ist rd Tuesday: David Rikl (Cze) b Thierry (iuardiola (Fra) 6-2 6-7 (5-7) 4-6; Lionel Roux (Fra) b Andrei Olhovskiy (Rus) 6-3 6-2: Carl Uwc Steeb (Ger) b Andrea Voinca (Rom) 6-4 6-1: Ciianluca Po//i (Ita) b Fmilio Sanchez (Spn) 7-5
        AFP  -  149 words
    • Article
      Lock icon Basketball Hall of Fame star slam dunks today's stars
      246 9 Reuter NEW YORK Kareem Abd-ul-Jabbar scored more points than anyone in National Basketball Association history during a legendary 20-year professional career, but he didn't score any points with the current crop of NBA stars on Tuesday. Abdul-Jabbar. at a news conference
      Reuter  -  246 words
    • SIDE LINES
      • Article
        Lock icon Clinton fails to settle baseball strike
        102 9 AP WASHINGTON President Clinton threw the power and prestige of the White House into a last-diteh attempt to settle the six-month-old baseball strike on Tuesday, but after almost four hours of negotiations he admitted defeat and said he would ask Congress to impose binding
        AP  -  102 words
      • Article
        Lock icon ESPN launches programme in Asia
        69 9 Reuter HONGKONG Sportscaster ESPN International. 80 per centowned unit of Capital Cities/ABC Inc, said it has launched a daily satellite sports news programme in Asia, the Middle East, Africa and Latin America. The half hour programme SportsCentre.lnlernaiional Edition will be based on Sports Centre, which
        Reuter  -  69 words
      • Article
        Lock icon Aussie rugby union to sign 3-tier deals
        101 9 Reuter SYDNEY Australia's top rugby union internationals are poised to sign one-year contracts worth ASBO.OOO (5587.192) each. The Australian newspaper reported yesterday. According to the report, a three-tier system would be introduced with payments vary ing from AsBo.ooo for 11 key players down
        Reuter  -  101 words
      • Article
        Lock icon Rockets' guard may be suspended
        107 9 Reuter NEW YORK Houston Rockets guard Vernon Maxwell faces possible suspension and fines by the National Basketball Association after punching a fan in the stands on Monday night during a game at Portland Memorial Coliseum. "The league is investigating this matter. It would be inappropriate
        Reuter  -  107 words
      • Article
        Lock icon US footballers may get higher pay
        91 9 NYT NEW YORK Preliminary figures released by the National Football League Players Association on Tuesday show that teams will have an additional USS2 million (552.9 million) under the salary cap for next season. Gene Upshaw, executive director of the Players Association, said the cap
        NYT  -  91 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Lectures in 3-D will soon be a reality
      1187 10  -  Special visual effects that enhance learning will have students at the Ngee Ann Polytechnic literally goggle-eyed, says Lee Wai Leong Lee Wai Leong POLYTECHNIC STUDENTS in Singapore will soon be able to attend lectures where they will feel as if they have
      1,187 words
    • Article
      Lock icon Herbal cures that do more harm than good
      463 10  -  Herbal remedy for eternal youth causes a woman to lose liver and kidney in the US, Lisa Seachrist reports Lisa Seachrist UPI A WOMAN taking an anti-ageing herbal remedy suffered such severe hepatitis that she needed a liver and kidney transplant after
      UPI  -  463 words
    • IN TAKES
      • Article
        Lock icon New compound to treat Alzheimer's
        89 10 Reuter LONDON Canadian scientists have found a new class of simple chemical compounds that could work to alleviate diseases like Alzheimer's, adult-onset diabetes and rheumatoid arthritis. Known as alphatic sulphonates and sulphates, these compounds interfere with the formation of abnormal deposits known as amyloids, which
        Reuter  -  89 words
      • Article
        Lock icon New treatment for male infertility
        102 10 UPI JAPANESE and Greek researchers have developed a new treatment for male infertility. The treatment, called round spermatoid nuclear injection, or Rosni. involves isolating a sperm cell's nucleus and injecting it directly into the egg. Doctors say the problem in nearly half of infertile couples
        UPI  -  102 words
      • Article
        Lock icon Heartening vitamins
        101 10 UPI OLDER people who fail to eat enough foods rich in folic acid and B-vitamins are at higher risk of suffering strokes and other types of cardiovascular disease. That's the finding of a three-year study involving 1.041 elderly men and women. The researchers found those who lacked sufficient
        UPI  -  101 words
      • Article
        Lock icon Pest-resistant cotton
        91 10 Reuter CANBERRA Australian scientists are within three years of commercially releasing a new variety of cotton resistant to most cotton pests, an Australian commodity conference has heard. The new cotton variety, currently undergoing field tests, is genetically engineered to produce a protein toxic to most pests including the
        Reuter  -  91 words
      • Article
        Lock icon Cotton fibre from green jute
        73 10 AFP DHAKA Bangladeshi scientists have been hailed for turning green jute into rayon grade pulp for conversion into cotton fibre. The soft and silky fibre can be used for producing fabrics or be blended with normal cotton and synthetic fibres, an official at the Bangladesh
        AFP  -  73 words
    • Article, Illustration
      S'pore Poly students prove their commercial mettle
      392 10 SINGAPORE Polytechnic's students are proving to be bright sparks when it comes to innovative ideas that local companies can pick up on to commercialise. Final-year students from the electronics and mechanical engineering departments are showcasing their work at the polytechnic's annual Commex and
      392 words
  • Page 10 Advertisements
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      173 10 SINCE 1964 I M *1/2 hour Colour Print H •E6 Slide Process Hj Canon Instant Colour Laser Copy/OHP (Only at Orchard Tower) Hfl H l/C Instant Passport H Lamination Available at: #B1 -15 Orchard Towers, Orchard Rd Tel: *****15 #01-07 Tanglin Shopping Centre Tel: *****45 THE PROFESSIONAL LAB J WITH
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      Page 10 Advertisements Column 2
      217 10 BUSINESS TIMES TOLL-FREE TEI- No 1 -800-741-1883 FAX 741-1296 o ECICS HOLDINGS LTD (Formerly known as Export Credit Insurance Corporation of Singapore Ltd) (incorporated with limited liability in Singapore) U. 5.550,000,000 Floating Rate Notes due 1997 In accordance with the provisions of the Notes, notice is hereby given that for
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  • THE LAW PAGE
    • Article, Illustration
      New China law on commercial arbitration
      1304 11 Chew Farn Chyi explains the salient features of a new law that applies to domestic and foreign-related arbitration proceedings IN the past few months, the Middle Kingdom has made substantial strides in its quest to become a major player on the international commercial scene.
      1,304 words
    • Article
      SAWL offers new A to Z law guide
      251 11  -  atthe bar By Chew Farn Chyi Having difficulties and problems contacting your lawyer? Do you want to know more about your constitutional rights or buying a home in Singapore? Take a look at the new publication by the Singapore Association of Women
      251 words
    • Article
      Lock icon Lawyer files suit over wrong coffee
      171 11 AP NEW YORK A lawyer is suing a restaurant he says served him a double espresso instead of decaffeinated coffee. Donald Horowitz says the mix-up last December, at the Teggiano Restaurant in South Hackensack, New Jersey, put him in hospital with a rapid heartbeat.
      AP  -  171 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      54 11 The Ei<aajfc»ve hotel j r n warte is me. Bob 111 ne«r I -this house- J Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday TiMts Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU mm
      54 words
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      Page 11 Advertisements Column 2
      390 11 Protect Your Legal Rights to Intellectual Property Businesses spend thousands of dollars creating and perfecting ideas, and then turning them into original products. Yet perfect ideas are often copied without permission. Especially when an idea is easy to clone and copies are difficult to track down. To find out how
      390 words
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      Page 12 Advertisements Column 1
      982 12 Nothing Beats A Bud■ where t wine, dine and entertain of VALENTINE'S DAYII I SET MENU TCBRIARy 1995 SS3S.CC BU SALMONS MARIHAia AL BASIUCO Mannated Salmon with Basil Leaves Qjr SPAGHETTI CARTOCCIO ALIA MARINARA Spaghetti in "Cartoccio' with Seafood Sauce Flirm Dl SOGLIOLE COH VEU.UTATA AL VINO BIANCO Fillet of
      982 words
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      Page 12 Advertisements Column 2
      352 12 f Toss lb 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 DKE7T abundance, good health and prosperity. HwD£», For reservations, please call 831 6262/6. rbtalrant < Uti/tdann 333 Orchard Ro»d, Singapore
      352 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Don't blame me for my money
      595 13  -  Taiwan tycoon David Tans is not apologetic about flaunting his wealth, Joyce Liu finds out Joyce Liu Reuter HE flies to Hongkong to catch a movie, to Tokyo for a steak, or to Paris to shop for the latest fashion. His five-door bullet-proof Rolls
      Reuter  -  595 words
    • Article, Illustration
      REM's Monster show a tame affair
      533 13  -  By Christopher Toh WHAT'S the frequency, Michael? What indeed? For REM fans weaned on the Out of Time album, that was probably the question foremost on their minds when they caught the band at the Indoor Stadium on Tuesday night. The band was here
      533 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      476 13 WHERE TO WINE, DINE AND ENTERTAIN 1 Olde English Eating House I 277 Orchard Rd #02-38 Specialists' Centre S (0923) I UM When you spend $25/- or more at Fosters for lunch Hp or afternoon tea from Mon-Sat, show us your valid :i:l daily or monthly CBD pass $2/- will
      476 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      394 13 I WEATHER Singapore: Fair. Temperature (24-32*). Asia Pacific Hi/La" Cawd Emfi HI/La* Caad. Buenos Ares 29/17 Sunny Auckland 23/17 Showers Amsterdam 09 OS Raf Cheago -7/-11 Cloudy Bargkok 31/20 Sunny Athens 12/05 Cloudy Honolulu 27/19 Sunny Bering 06/-4 Cloudy Berkr MM Cloudy Houstor ISO 6 Cloudy Bombay 35 22 Sunny
      394 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      741 13 TV RADIO ———y —i—j Beta Fleck and the Flecktones, 10pm, Chl2 Banjoist Bela Reck two pals Victor Lemunte Wooten drumitar specialist Futureman Men at Wort, 8.30pm, Ch 5 directs 1990 comedy thriller. He and brother Charlie Sheen play two cool garbagemen who find a corpse in a W bin. They
      741 words
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  • Article
    Avoiding a trade war
    505 14 EDITORIAL THE United States and China have been engaged in recent days in a risky economic confrontation, imposing sanctions on each other amid accusations and counter-accusa-tions of unfair trade practices and rigid negotiating stances. Last Saturday, the Clinton administration imposed 100 per cent tariffs on more
    505 words
  • WHAT THE OTHERS SAY
    • Article
      Dispute real, stakes higher
      151 14 THE SPECTRE of the Sino-American trade dispute, over the protection of intellectual property rights, escalating into a trade war has aroused worldwide alarm. It should. An all-out trade war between the two economic giants would not only hurt both annual trade between them stands at about
      151 words
    • Article
      An important move for Vietnam
      157 14 VIETNAM'S likely admission into Asean this July is important to both the grouping and the communist country itself. For Hanoi, it means it will be officially accepted into the community of South-east Asian nations which for years used to rally the world's support in implementing
      157 words
    • Article
      Rapidly improving ties
      171 14 US-VIETNAM TIES took a big step forward recently with an agreement to open liaison ofTices in each other's capitals. It means that American investment can now return to Vietnam and international financial organisations will also relax their restrictions. This will make more countries feel more confident about
      171 words
    • Article
      Irony of the trade impasse
      141 14 THE OPENING SALVO in a trade battle between the United States and China over intellectual property rights can be read as a sad irony by Hongkong. The community has just entered the Year of the Pig, a year widely believed to bring greater prosperity. China
      141 words
    • Article
      A risk worth taking
      194 14 PRESIDENT Bill Clinton's decision last week to bypass Congress in a desperate bid to bail Mexico out of its devastating economic crisis risks further worsening his already poor rapport with the Republican majority. But most economists, notably those of the International Monetary Fund and other economic
      194 words
  • Article, Illustration
    Lock icon The way to build up Japan is to break it up
    818 14  -  The all-powerful central government in Japan has outlived its usefulness, according to maverick Kenichi Ohmae. To demonstrate what he feels would work better, he's gunning for the Tokyo governorship. Anthony Rowley reports Anthony Rowley The writer is BT's Tokyo
    Photo by Arthur Lee  -  818 words
  • Page 14 Advertisements
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      246 14 A growing triangle? The Riau islands Batam, Bintan and Karimun-took off with 7 great fanfare five years ago along with the Growth Triangle. Tjll What'sthepicturenow? HKsI ALSO IN THIS ISSUE: I Interest rate hikes: What stocks will hurt? How investors buy stocks, property Japan's painful privatisations House Hunt: Your pulse
      246 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      95 14 TCLL "OO \c? PpvsT° Voo GET LC.T'S -rup) Ttcjrw scßptfts A BLACKBOARD., weDGe... S> M I 1 1 I C AMOCIATtD MIMNMMITO, IW lIH fru£»— 93T| DOONESBURY GARRY TRUDEAU zonk£K, "T 7^S7Tf!S!srs^ ISNT MOMMY j lUORXJN6, f 577"- -ITSFHMIVHCfc GROW UP,I AU FUN, SAM. WEARING ANY SAM... ff', f MM...
      95 words
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  • ANALYSIS
    • Article, Illustration
      The Philippines: this time, it's for real
      1889 15  -  Vikram Khanna examines how 'the sick man of Asia' is rapidly getting in the pink. In the accompanying interview, Finance Secretary Roberto de Ocampo says the current economic recovery is durable and explains why the country is a great place for investors Vikram
      1,889 words
    • Article, Illustration
      'This country is a tiger cub'
      1552 15 QUESTION: We've seen episodes of high economic growth in the Philippines before, but they've invariably sputtered out pretty fast, being part of a boom-bust cycle. What's different this time? ANSWER: In the past, the Philippines had an inward-looking economic policy which relied on protectionist
      1,552 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      77 15 m I 0 H A Ml mm M mMM PROPERTY EXHIBITION Readers refer to the Classified for many reasons. Some for specific needs and some simply for useful market information. Classification 496 (Property Exhibitions) in the Classified is the place where readers look for choice properties and investment opportunities. So,
      77 words
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  • Article
    Lock icon New rules for foreign stakes in US communication firms
    471 16 The Washington Post Bloomberg Business News WASHINGTON Federal regulators have proposed new rules that could bar foreigners from owning or investing in US communications companies unless the foreigners' home markets for similar services are open to competition from abroad. The rules
    The Washington Post; Bloomberg Business News  -  471 words
  • Article
    Lock icon EU Commission agrees on moves for closer Mexico ties
    421 16 Reuter BRUSSELS The European Commission agreed yesterday on a new strategy for closer economic, political and commercial links with Mexico. "This agreement responds to the economic and political evolution of Mexico over the last years, including recent developments," the Commission said
    Reuter  -  421 words
  • Article
    Lock icon Thailand plans to woo Japanese investment
    116 16 Reuter BANGKOK The Thai government yesterday approved a three-year plan to promote Japanese investment in Thailand with the aim of attracting 2.000 projects worth 200 billion baht. According to the plan, which was approved by the cabinet late on Tuesday, the Board of Investment
    Reuter  -  116 words
  • Article, Illustration
    Asian cities pick the LRT to ease traffic woes
    551 16  -  By S N Vasuki SINGAPORE Asian cities are investing in LRT (light rail transit) systems to ease growing traffic congestion and the strain on their public transport systems. And the region's preference for such systems over more expensive mass transit networks
    551 words
  • Article
    Lock icon Plan puts Orange County on road to recovery
    310 16 Reuter SANTA ANA, California Orange County, California, approved a sweeping plan on Tuesday to end the largest municipal bankruptcy in US history, olTering investors 77 cents on the dollar and reassuring bondholders that it would make payments. At a hastily called meeting,
    Reuter  -  310 words
  • Article
    Lock icon Foreigners buy record US$49b Japan shares
    214 16 AFP TOKYO Foreign buying of Japanese shares more than doubled from US$2O billion (5529.2 billion) a year earlier to an all-time high of USS49 billion last year. The finance ministry yesterday said the record buying pushed net purchases of all securities up to U5534.7
    AFP  -  214 words
  • Article, Illustration
    Learning to live with the paradox of growth
    795 16  -  The Bottom Line CHUANG PECK MING CHUANG PECK MING The writer is a BT journalist THERE IS a paradox which economists might accept but politicians find baffling: A country's economy may be doing fine, yet its people may not be feeling so
    795 words
  • Article
    Lock icon US wholesale sales, inventories up in December
    239 16 Reuter WASHINGTON Sales at the wholesale level posted the strongest rise in four months during December while stocks of unsold goods rose for a sixth consecutive month. The Commerce Department said yesterday that total sales by merchant wholesalers were up 2.2 per cent
    Reuter  -  239 words
  • Page 16 Advertisements
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      13 16 Brochures Annual Reports Newsletters Corporate Identities Posters Direct Mailers Exhibitions. BROCHURES 744 1319
      13 words
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      Page 16 Advertisements Column 2
      102 16 IF ONLY THE MATTERS 744 1319 C»iki-|)( Design lopywriling lliolography Printing FREEHOLD 1 AT FAR RE R ROAD, DISTRICT 10 Property 8 Townhouses and a Bungalow (Lots 456 1315 Mukim 2) COR QAI C Land Area 4,499.6 sqm (48,434 sqft) approx Plot ratio 1.6 up to 10 storeys under BY
      102 words
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  • COMPANIES & MARKETS
    • Article
      Jardine units' delisting in HK a 2b share windfall for S'Dore
      388 17  -  From Lim Soon Neo in HONGKONG THE delisting of Dairy Farm, Hongkong Land and Mandarin Oriental International from the Hongkong stock exchange next month could lead to a shift of up to two billion of their shares to Singapore.
      388 words
    • Article
      General Securities Investments' net tangible asset per share down 26%
      317 17  -  By Paul Leo SINGAPORE The net tangible asset per share of DBS Bank's closed-end fund at end-1994 fell to $2.32, down nearly 26 per cent from $3.13 the previous year. The fall in General Securities Investments' NTA per share reflects
      317 words
    • Article, Illustration
      Lock icon Acer unit here forms JV with Indian PC maker
      333 17 SINGAPORE Singaporebased Acer Computer International (ACI), which is seeking a listing here later this year, has formed a joint venture with India's Wipro to sell personal computers. The new firm, Wipro Acer, will invest US$2 million (552.92 million) in the first
      Photo by Chris Loh  -  333 words
    • Article
      New man in the YHS hot seat faces a testing time on all fronts
      752 17  -  By Genevieve Cua SINGAPORE News on Tuesday of yet another management revamp at Yeo Hiap Seng must have come as a surprise to company watchers. It was only last September that Wong Yip Yan then chairman
      752 words
    • Article
      NBT confirms Sabah considering revamped timber proposal
      258 17  -  By William Chia SINGAPORE North Borneo Timber (NBT) yesterday confirmed the Sabah government has asked state foundation Yayasan Sabah to review its sale of two timber concessions to the company. This followed earlier reports that the Sabah government was expected to make a
      258 words
    • Article
      Submit forms to CDP, SES reminds JC-MPH shareholders
      224 17 SINGAPORE Jack ChiaMPH shareholders who want to sell their rights shares must submit the necessary forms with the Central Depository within seven days of their sale. Otherwise, the rights shares would be bought-in by the Stock Exchange of Singapore. Trading in the
      224 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        46 17 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, Wl Carr and SG Warburg.
        46 words
      • Article, Illustration
        HOT STOCK
        140 17  -  By Paul Leo PARKWAY Holdings rose 8 cents to $3.40 yesterday but the buying pressure is easing. Yesterday's volume of 379,000 units was slightly more than half of the 10-day average of 701,000 shares. Daily Relative Strength Index above 75 indicates an overbought condition. Stochastics near 100 indicates
        140 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Lottery plan boosts Repco stock
          142 18 Bloomberg Business News KUALA LUMPUR Repco Holdings Inc. a small car parts company, rose more than 6 per cent ahead ot the announcement of its plan to take over the management of a lottery company in Sabah. The stock rose 50 sen to M 58.25,
          Bloomberg Business News  -  142 words
        • Article
          Lock icon Idris Hydraulic buys dormant firm
          49 18 Bernama KUALA LUMPUR Idris Hydraulic (Malaysia) Bhd has purchased a shelf plus dormant company, Prinsip Agih Sdn Bhd, with an authorised share capital of *M$ 100,000 (5557.140) of Msl each and the paid-up share capital of Ms 2 divided into two ordinary shares. Bernama
          Bernama  -  49 words
        • Article
          Lock icon ABB-Siemens team wins power deal
          45 18 AFP MANILA A consortium of Asea Brown Boveri of Switzerland and Siemens of Germany have won a 2.66 billion peso (S$ 156.2 million) contract for a power transmission project in the Philippines, the state National Power Corp said yesterday. AFP
          AFP  -  45 words
        • Article
          Lock icon Lim Kim Hai eyes Swiss tie-up
          87 18 Bernama KUALA LUMPUR Lim Kim Hai Holdings Bhd, which was promoted to the main board of the Kuala Lumpur Stock Exchange from the second board yesterday, is likely to see a Ms2o million (Ssl 1.4 million) tie-up with Huber and Suhner AG from Switzerland
          Bernama  -  87 words
        • Article
          Lock icon Southern Bank share quotation
          62 18 Bernama KUALA LUMPUR Southern Bank Bhd's shares issued to foreigners following its bonus issue of one-for-four and which was not entitled to any dividend and other distributions declared or to be declared in respect of the financial year ended Dec 31, 1994, will be quoted as
          Bernama  -  62 words
        • Article
          Lock icon Sateras evaluates Hefei interests
          90 18 Bernama KUALA LUMPUR Sateras Resources (Malaysia) Bhd said the effect of its acquisition of 40 per cent equity in Hefei World Trade Centre Co Ltd on the net tangible asset per share of the Sateras Group will be known after the completion of a valuation at
          Bernama  -  90 words
        • Article
          Lock icon Philtread ratifies deal with Siam Tyre
          55 18 Reuter MANILA Philtread Tire Rubber Corp said its stockholders had ratified the sale of the company's assets and inventories worth 1.2 billion pesos (5570.5 million) to a Philippine subsidiary of Thailand's Siam Tyre Co Ltd. Under the agreement, Siam Tyre's local unit will assume
          Reuter  -  55 words
        • Article
          Lock icon Koperasi to divest Tan Hah interests
          62 18 Bernama KUALA LUMPUR Repco Holdings Bhd, through its substantial shareholders, Koperasi Pekerja-pekerja Kerajaan Sabah Bhd, has entered into a sale and purchase agreement with Megasilk Sdn Bhd to sell ofT Koperasi's entire shareholdings in Tan Hah Sing Holdings Sdn Bhd. Koperasi currently owns 28.47
          Bernama  -  62 words
        • Article
          Lock icon Vitarich alliance with US chain
          60 18 AFP MANILA Newly-listed Philippine poultry firm Vitarich Corp will sign an agreement with America's second largest fried chicken fastfood chain to set up and supply restaurants. Vitarich said yesterday it would sign a "development agreement" with USbased Texas and Popeye chicken restaurants which will give
          AFP  -  60 words
      • Article
        Untitled
        827 18 MjMgerV pric*» Feb 9 US Gr Fund 0.99 1.03— Singapore Unit Trust HOB Asset Mgt Ltd The (imtrq- 1.60 1.69 Unilund 1.34 I 40 The Savings Fund 1.50 1.59 Unibond 102 1.045 S pore Prog Fund 0.57 0.61 united Cir Fund 1.56 1.63 S pore See Fund 0.93 0.99 Uniled
        827 words
      • Article
        Kretam makes first finance foray with M$168m bid for Innosabah
        339 18  -  From Ruth Wong in KUALA LUMPUR PLANTATIONS-based Kretam Holdings Bhd. in a bid to diversify into the financial services sector, has proposed to buy a majority stake in stockbroking firm Innosabah Securities Sdn Bhd for MSI6B million (5595.5 million) cash.
        339 words
      • Article, Illustration
        Lock icon Rubber smallholders demand more compensation from Road Builder
        437 18  -  From Ho Kay Tat in KUALA LUMPUR ABOUT 100 rubber smallholders caused a stir at a Road Builder (M) Holdings Bhd shareholders meeting yesterday when they tried to meet company directors to get more compensation for their land that is making way
        Reuter  -  437 words
      • Article, Illustration
        Lock icon Berjaya Leisure in tie-up to develop Penang commercial complex
        257 18 Bernama KUALA LUMPUR Berjaya Leisure Bhd yesterday announced it has entered into a joint-venture agreement through Palzon Sdn Bhd with two other parties to develop a commercial complex in Penang. B Leisure said in a statement yesterday that it will hold
        Bernama  -  257 words
      • Article
        Lock icon Golden Hope to raise stakes in Chermang, Mentakab Rubber
        365 18 The Star KUALA LUMPUR Golden Hope Plantations Bhd has proposed to buy stakes in Chermang Development (Malaya) Sdn Bhd and Mentakab Rubber Co (Malaya) Bhd from Negara Properties (M) Bhd for M 559.122 million (5533.78 million). Golden [lope signed an agreement
        The Star  -  365 words
      • Article
        Central Properties' after-tax profit up 5% on turnover surge
        253 18  -  By Abdul Hadhi SINGAPORE Hotel and property-based Central Properties yesterday announced a 5.2 per cent rise in annual group after-tax profit to 5i5.9 million. Releasing its financial results for the year ended Dec 31, the group said the rise in profit
        253 words
      • Article
        Morgan Stanley issues 125m Cheung Kong warrants
        191 18  -  From Lim Soon Neo in HONGKONG MORGAN Stanley (Jersey) Ltd, a wholly-owned subsidiary of the Morgan Stanley Group, yesterday issued 125 million two-year third party warrants worth about HK$ 120.5 million (5522.89 million) on property developer Cheung Kong (Holdings) Limited. A statement from
        191 words
      • Article
        Lock icon HK bus company on collision course with govt, may lose assets
        411 18 Bloomberg Business News HONGKONG Hongkong's second largest bus company, China Motor Bus Co (CMB). is running the risk of having its assets seized by the Hongkong government after shareholders voted to sell one of the company's depots for HKS3B2
        Bloomberg Business News  -  411 words
      • Article
        Lock icon L&G confident of future in Papua New Guinea operations
        408 18 Bernama KUALA LUMPUR Land General Bhd (L&G) is confident of its future in Papua New Guinea although its stake in Odin Mining Investment Co has been diluted. Chairman Azmi Hamzah yesterday said L&G wanted to give its shareholders the opportunity to
        Bernama  -  408 words
      • Article
        Lock icon Pepsico earnings up 14% but restaurant profit drops
        582 19 Bloomberg Business News NEW YORK Pepsico Inc reported its first drop in restaurant profit in 15 years, overshadowing a strong fourthquarter earnings report. The returns from Pizza Hut, Taco Bell and KFC helped push Pepsi shares down J /4 to 37 7
        Bloomberg Business News  -  582 words
      • Article, Illustration
        Lock icon 60 years of Monopoly
        54 19 AFP NEW YORK Rich Uncle Pennybags, the Monopoly game figure, showing some of his 'funny money' as he prepares to strike the opening bell at the American Stock Exchange here on Tuesday. The popular board game is celebrating its 60th anniversary, having sold more than 160
        AFP  -  54 words
      • Article
        Lock icon Budweiser owner's 4th-qtr net income rises 5% on global sales
        272 19 Bloomberg Business News ST LOUIS Anheuser-Busch Cos Inc said fourth-quarter net income rose 5 per cent as international beer sales increased and other units showed revenue gains. The gains reflected a strategy to increase beer sales by narrowing the price
        Bloomberg Business News  -  272 words
      • Article
        Lock icon Sears' 4th-qtr gain up on improved retail results
        511 19 Bloomberg Business News CHICAGO Sears, Roebuck Co says its fourth-quarter profit from operations has risen 4.6 per cent as results improved at its retail division. The Sears Merchandise Group, the company's retailing arm, posted an 18 per cent increase in operating profit,
        Bloomberg Business News  -  511 words
      • Article
        Lock icon Allied Signal posts 16% profit rise
        211 19 Bloomberg Business News MORRIS TOWNSHIP, New Jersey Allied Signal yesterday said its profit rose 16 per cent in the fourth quarter, reflecting productivity improvements and sales gains in all its businesses for the first time in seven years. The manufacturer of aerospace and automotive
        Bloomberg Business News  -  211 words
      • Article
        Lock icon Viacom to lose US$500m tax break with new bill
        463 19 Bloomberg Business News WASHINGTON Viacom Inc would lose a projected US$5OO million (Ss73o million) tax break it expected to receive as part of its US$2.3 billion sale of cable television systems under legislation introduced in Congress on Tuesday. The legislation could
        Bloomberg Business News  -  463 words
      • Article
        Lock icon UK probe of beer prices sends brewery shares down
        594 19 Bloomberg Business News LONDON British anti-trust regulators blew the foam off UK brewery shares by announcing a probe cf pub pricing practices. The UK Office of Fair Trading's (OFT) investigation of possible unfair competition might delay Foster Brewing Group's disposal of
        Bloomberg Business News  -  594 words
      • COMPANY BRIEFS
        • Article
          Lock icon Thorn EMI earnings rise
          110 19 Bloomberg Business News LONDON Music and retail company Thorn EMI pic said nine-month profit before one-time items rose 25.1 per cent, and announced it is pulling the plug on two unprofitable electrical products chains. Closing the Rumbelows and Fona chains, which Thorn said it will do
          Bloomberg Business News  -  110 words
        • Article
          Lock icon Tenneco's 4th-qtr profit up 53%
          59 19 Bloomberg Business News HOUSTON Tenneco Inc's fourth-quarter profit from continuing operations rose 53 per cent on improved earnings in four of its divisions and continued cost-reduction benefits. Earnings from continuing operations rose to US$2O9 million (*****.14 million), or US$l.l4 a share, from US$l37 million, or
          Bloomberg Business News  -  59 words
        • Article
          Lock icon Sale of China Steel shares sought
          111 19 Bloomberg Business News TAIPEI The Economics Ministry asked Taiwan's Securities and Exchange Commission to resume the public sale of 1.443 billion shares in China Steel at NT521.40 per share, the Economic Daily News reported. Seventy-two per cent of these shares in Taiwan's biggest steelmaker
          Bloomberg Business News  -  111 words
        • Article
          Lock icon Rhone-Poulenc almost doubles income
          43 19 Reuter PARIS French chcmical group Rhone-Poulenc yesterday said its 1994 net income jumped 99.1 per cent last year to 1.92 billion francs (***** million) due to a strong rise in operating profit and increased gains on asset sales. Reuter
          Reuter  -  43 words
        • Article
          Lock icon Ericsson expected to post record profit
          72 19 Bloomberg Business News m i I STOCKHOLM L M Ericsson A B, the Swedish telecommunications group, is expected to report a record full-year profit today, after a global surge in mobile phone sales. A 1994 pre-tax figure of 5.5 billion kronor (SSI.OB billion), after
          Bloomberg Business News  -  72 words
        • Article
          Lock icon HK bank's profit hits new high
          68 19 Bloomberg Business News HONGKONG International Bank of Asia said net profit surged 46.3 per cent in 1994, as income from trade finance, credit cards and insurance eased rising interest costs. Bolstered by a 27 per cent increase in earnings from businesses other than lending,
          Bloomberg Business News  -  68 words
        • Article
          Lock icon News Corp unit earnings up
          57 19 Reuter MELBOURNE Pacific Magazines and Printing Ltd, an offshoot of media group The News Corp, yesterday announced a 10.5 per cent surge in half-year profits. The company, 45 per cent owned by News Corp, said net profit in the six months to Dec 31 rose
          Reuter  -  57 words
      • Article, Illustration
        Lock icon Ted Turner may have freer hand as Time Warner buys Cablevision
        479 19 Bloomberg Business News ATLANTA Ted Turner may be close to slipping his chains and getting a clear shot at fulfilling a decade-long quest to snare one of the three big broadcast networks. Time Warner Inc. which said yesterday that
        Bloomberg Business News  -  479 words
    • FINANCE & COMMODITIES
      • Article
        Australia wants to bring insurance captives back home
        401 20  -  From Florence Chong in SYDNEY AUSTRALIA is expected to change its rules on captive insurance, hoping to lure back companies now based in Singapore. Of the 47 captives in Singapore insurance companies set up and owned by industrial or commercial conglomerates to
        401 words
      • Article, Illustration
        Lock icon Cambodia's biggest export earner
        37 20 Reuter SIHANOUKVILLE, Cambodia Longshoremen loading logs into the hold of a Hongkong-bound freighter at this southern Cambodian port. The country's booming timber trade is becoming the country's biggest export earner, officials said. Reuter
        Reuter  -  37 words
      • Article
        Lock icon Malaysian overnight rate surges on fund shortage
        221 20 Knight-Ridder SINGAPORE The overnight rate in the Kuala Lumpur money market surged yesterday afternoon as an unexpected fund shortage emerged, exacerbated by payments for Bank Negara bill issues yesterday. The overnight rate rose to 5.50 per cent, up from Tuesday's most heavily dealt
        Knight-Ridder  -  221 words
      • Article
        Sell-off by funds results in base metal prices losing lustre
        504 20  -  From Neil Behrmann BASE metals prices are crumbling under the weight of large-scale sales by commodity, hedge and pension funds. The tumbling prices will be a relief to Asian motor, construction, durable goods industries and other genuine users of metals.
        504 words
      • Article
        Lock icon Statoil in venture to build Malacca refinery
        199 20 Piatt's Oilgram NEW YORK Norway's Statoil announced on Tuesday that it has signed a letter of intent to join Conoco Inc and Malaysia's state Petronas in a joint venture to construct and operate a 100,000 bpd refinery in Malaysia. Conoco and Petronas signed
        Piatt's Oilgram  -  199 words
      • Article
        Lock icon Bank of East Asia to delay reserves disclosure: paper
        252 20 Knight-Ridder HONGKONG Bank of East Asia will not make public its internal reserves until the Hongkong Monetary Authority sets a timetable for local banks to disclose their reserves, a local newspaper reported yesterday. David Li, vice-chairman of Bank of East Asia,
        Knight-Ridder  -  252 words
      • Article
        Lock icon Manila banks face shortage of managerial staff
        376 20 Reuter MANILA Philippine banks arc unconcerned at the competition but are worried about losing their best staff, when new foreign banks receive licences to operate, bankers said yesterday. "I'm not worried about competition once the new foreign banks come in. I'm more worried
        Reuter  -  376 words
      • Article
        Futures fall as US inventories rise
        308 20 Bloomberg ENERGY REPORT LONDON Oil futures declined after the American Petroleum Institute reported increases in US crude and petrol stockpiles. Brent crude futures began to decline on Tuesday, reversing a six-day, 5.1 per cent climb, following a cut in projected global demand for oil
        308 words
      • Article, Illustration
        Untitled
        1566 20 I raUe-Hnfhled index mkulatnJ agamst Spare's tup 14 trading partners Bast- war IQS.5 US$/S$ forward rates Noon /Feb 8 ss Bid Oder 1-month 1.4536 ***** 2-month 1.4526 1.4541 Vmonth 1 4506 1.4521 6-month 1.4425 1 4445 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9wr on Fek S Singapore dollars
        1,566 words
      • Article
        Lock icon Currency Reports: London
        199 20 Bloomberg Business News LONDON The dollar fell against the Japanese yen and other major currencies after the Japanese government reported that the country's merchandise trade surplus rose 3 per cent last year to a record high of US$l46 billion. "The trade figures helped the yen." said John
        Bloomberg Business News  -  199 words
      • Article
        Lock icon New York
        93 20 AFP NEW YORK The dollar weakened against other major currencies except the pound yesterday in a quiet market waiting for the results of the second leg of the Treasury's quarterly refunding. At 1455 GMT the dollar was quoted as trading at 1.5290 marks, down From 1.5365 late Tuesday,
        AFP  -  93 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen firm at close
        1484 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures were firm at close. The sentiment for Eurodollars was bullish as Tuesday's USSI7 billion (5524.8 billion) auction of threeyear notes was well received. However, liquidity was thin with market participants mostly sidelined with more new supply
        Reuter  -  1,484 words
      • Article
        S'pore rubber tumbles in late trade
        691 21 COMMODITY REPORTS Rubber SINGAPORE: Rubber futures continued to drift lower in the afternoon, ending the day with wide losses on profit-taking and stop-loss selling, traders said. Sentiment was dented by the Tokyo market, which saw the March position plunging by the seven yen/kg daily
        691 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Aussie wheat growers may earn less
          60 21 CANBERRA The Australian Wheat Board has forecast grower returns for Australian Standard White wheat will fall to AS 165 (SSI80) per tonne for the 1995-96 harvest, down from AS24O this year. But AWB chairman Clinton Condon said that ihe figure may be rev ised
          60 words
        • Article
          India to import 850,000 bales of cotton
          68 21 NEW DELHI India's textile mills so far have made final contracts to import 850,000 bales (170 kg a bale) of cotton in the 1994-95 (Sep-Aug) season to ensure adequate supplies to their mills. Most of the contracted bales are of US and Egyptian
          68 words
        • Article
          Thai raw sugar premiums remain firm
          58 21 TOKYO Despite easing fears of a sugar shortage this year. Thai raw sugar FOB premiums have remained firm, with continuing support from expected strong Asian demand, traders said. Cargoes for Jly-Sep shipment were bid at 164 points and offered at a strong 174 points
          58 words
        • Article
          India coffee auction low-key affair
          62 21 BANGALORE High prices demanded by growers led to the withdrawal of roughly 350 tonnes of the 500 tonnes originally offered in the auction held on Tuesday by the Indian Coffee Traders' Association. Bidding was low-key as a result. Of the 150 tonnes sold. 100 tonnes
          62 words
        • Article
          Aussie-Russian alumina port deal
          55 21 CANBERRA Australian alumina producers will spend up to As3o million (SS33 million) to modernise ports in far eastern Russia to supply alumina to Russian smelters in exchange for primary metal. Alcoa of Australia will redevelop the Vanino and Vostochny industrial ports. In exchange. Australian producers will
          55 words
    • Article
      COMMODITY PRICES
      1505 21 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S ccnts/kg) ("lose Volume Open Month High Low Sett (tonnes) Interest Mar 95 265 50 265 50 265 50 50 850 Apr 265.00 ***** 265 00 575 2500 May 265.00 ***** 263.00 575 3025 Jun 265.00
      1,505 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1039 22 -22.5 SHARES closed at an 18-month iow yesterday as weaker gold and base metal prices drained confidence from the bourse. The All Ordinaries Index fell 22.5 points to 1.823.3. The All Industrials ended down 21.0 at 2.740.7 and the All Resources closed 24.5 lower at 1,129.5. Turnover was 233.1
        1,039 words
      • Article
        Manila
        585 22 -28.06 A three-day rally came to an end yesterday as profit-taking set in. The PSE Composite Index lost 28.06 points to close at 2,556.40. Turnover was 2.23 billion shares valued at 1.61 billion pesos. An analyst attributed the decline to profit-taking, primarily on shares that went up in the
        585 words
      • Article
        Taipei
        592 22 -5.08 Stocks declined as a result of profit-taking, with banking and insurance shares hardest hit. The 423-issue Weighted Price Index eased 5.08 to 6.526.74 points. Turnover was 1.21 billion shares worth NTS47.B billion. Falls outnumbered rises 166 to 149. with 108 issues unchanged. The market opened slightly higher and
        592 words
      • Article
        Seoul
        503 22 -1-15.81 Share prices rebounded yesterday, helped by brisk performances of theme-backed individual shares, brokers said. The Composite Price Index soared 15.81 points to 958.33. Turnover was 22.6 million shares worth 579.7 billion won. Rises swamped falls 630 to 142, with 72 counters unchanged. Investors, hoping that liquidity would improve
        503 words
      • Article
        New Zealand
        287 22 -0.87 Shares declined for a second day ahead of profit announcements and the final resolution of the strike alTecting Fletcher Challenge Ltd's Canadian pulp and paper mills, traders said. Companies about to report profit results include diversified group Skellerup Group Ltd. chemical and pharmaceutical group Fernz Corp and
        287 words
      • Article
        Bombay
        135 22 -38.70 Stock prices fell on lack of adequate buying support in cautious trade a day before the state elections get underway in India's most industrialised state of Maharashtra, brokers said. The 30-share BSE Index fell 38.70 points to 3,542.77 while the broader 100-share National Index slipped 12.95 to 1,716.65.
        135 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        656 22 Britannia Funds Ntertiag Cask Bid Offer Mim Cap Depoul 3(6400 3(6500 Mim Jeraev Gill 0 1(9) 0 1992 Mim Mat Income ***** 0 4400 ISS Cash Income Ptu» Fund *9 2700 *9 7700 PS S Re*T»e Fund 5 )(00 5 3900 Sterling Eqait) Euro Performance 0 4592 0 493( FarF.au
        656 words
      • Article
        London
        698 22 -0.2 STOCKS were mixed after five days of gains as the pound dropped amid threats to the stability of the government. British Telecom shares fell on regulatory concerns. As sterling dropped as low as 2.3756 marks, the lowest since Aug 23, there were concerns that weakness in the currency
        698 words
      • Article
        Paris
        149 22 -19.53 French shares finished lower as the market consolidated its recent gains. Much of the day's activity was focused on those shares featuring in the CAC--40 Index's new configuration from tomorrow. The CAC-40 Index closed down 19.53 at 1,850.91. Of the CAC-40 stocks, nine finished higher. 30 lower and
        149 words
      • Article
        Milan
        145 22 -0.28 pc Italian shares drifted in highly technical trade ahead of tomorrow's expiry of the monthly options. Brokers said the market would continue to mark time today when prices are set for the options contracts. Overall, the bourse lacked direction with some brokers still believing it needed a correction
        145 words
      • Article
        Amsterdam
        270 22 -0.60 Dutch shares closed easier, reflecting the tenor on surrounding markets after a largely featureless session with many investors sidelined for fear of profit-tak-ing of recent New York gains, dealers said. The AEX Index closed down 0.60 point at 413.53. Another factor braking trade was anticipation of US producer
        270 words
      • Article
        Frankfurt
        163 22 -4.87 German shares ended a lowvolume bourse session slightly weaker but on a steady note. The DAX spent the session within a sixpoint range. Dealers see market steady this week, but unlikely to break out over 2,100point level. The DAX Index ended down 4.87 points at 2,087.62. Frankfurt DM
        163 words
      • Article
        Stockholm
        114 22 -o.7pc Swedish shares fell 0.7 per cent., with falls for Ericsson and Trelleborg the only signs of activity in a slow market. "Stocks will have to go down a bit further to attract buyers," a broker said. The weakest performer amongst the larger companies was Trelleborg, which fell three
        114 words
      • Article
        Zurich
        242 22 -9.8 Swiss shares closed slightly easier, but above the day's low as the market consolidated recent gains, dealers said. Wall Street's steady opening helped prices recoup From a low. Prices were seen stable or slightly higher today. The broad SPI Index closed down 5.54 points to 1,707.92. The blue-chip
        242 words
      • Article
        Toronto
        235 22 -8.76 Stocks were dragged down early by a sluggish base metal sector leading losses in most other groups. The TSE-300 Composite Index fell 8.76 points to 4.092.23 on volume of 9.40 million shares valued at C 5109.70 million. Declining issues outpaced advances, 151 to 136, with 204 stocks unchanged.
        235 words
      • Article
        New York
        697 22 +4.37 The Dow Jones Industrial Average, which eased 0.34 point on Tuesday, was ahead 4.37 points to 3,941.76 at llam EST. The New York Stock Exchange Composite Index was ahead 0.19 to 261.83. while Standard Poor's 500-stock Index was up 0.53 to 481.34. Advances overtook declines 857-836 among
        697 words
      • Article
        Brussels
        154 22 -11.62 Belgium's main stock index fell to its lowest in four months after disappointing earnings from shipping firm Compagnie Maritime Beige sparked concern about corporate profits. The Bel-20 Index fell 11.62 points to 1,347.09, its lowest close since Oct 7. "Those companies that come out with disappointing earnings results
        154 words
      • Article
        Jonannesourg
        302 22 -45.3 South African shares' decline tailed off in early afternoon trade after heavy losses this week, as bargain hunters lifted prices off their lows and as near-term equity futures turned higher. Gold was seen consolidating and providing support. while selling on the back of the strong financial rand eased.
        302 words
    • Article, Illustration
      Lock icon HONGKONG
      3185 23 Bloomberg Business News HONGKONG Stocks dropped, ending a tourday rally, amid lingering concerns about rising interest rates and falling real estate prices. "1 am saying don't get sucked into this market." said a broker. "I don't believe rates have stopped rising." He also warned that stocks are likely to
      Bloomberg Business News; Source: Bridge Info  -  3,185 words
    • Article, Illustration
      Lock icon CHINA
      633 23 CLSA H SHARES yesterday staged a 4.8 per cent rally on heavy turnover of HKSISS million. Tsingtao and Qingling Motors took the lead, surging almost 9 per cent each. Maanshan and Shg Petrochem together accounted for 66 per cent of total market turnover, to close up 4.8 per cent
      CLSA  -  633 words
    • Article, Illustration
      Lock icon TOKYO
      2546 23 Reuter TOK.YO Stocks closed lower, but off earlier lows as buy-backs of construction shares emerged after the morning's drop. Arbi-trage-linked buying also helped to erase some of the earlier losses. Investors will continue to follow movements in construction shares, which will decide the overall direction of the market. The
      Reuter; Source: Bridge Info  -  2,546 words
    • Article, Illustration
      Lock icon BANGKOK
      1812 23 Reuter BANGKOK Stocks closed lower as the market continued to consolidate in the wake of strong gains late last week and early this week. The SET Index closed down 15.01 points at 1.314.24 on moderate 6.86 billion baht turnover. Falls led rises 226 to 94 with 76 issues unchanged.
      Reuter; Source: Bridge Info  -  1,812 words
    • Article, Illustration
      Lock icon JAKARTA
      1182 23 Reuter JAKARTA Share prices closed tower in moderate trading following profit-taking, particularly on property stocks. "It's typical ot" local players. When they think they can get 10 to 15 per cent in capital gains, they will quickly sell, even on the same day they buy." a dealer said. "Foreign
      Reuter  -  1,182 words
    • Article
      CLOB INTERNATIONAL
      2609 24 lit Gr I'm<15 lJIM \.,l I hit Iasl QuMr Oh IN> \M Nrt M < ap IliKh lu» onipans Sal* fUOOl High lam Buv.r Seller S (>r S Pfc Vmil MALAYSIAN STOCKS 34* \3 m MSB MX 152 4 IS 252 252 24* 25* JO -2.9 0 J
      2,609 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Profit-taking halts six-session winning streak
        6878 24 Bernama KUALA LUMPUR Share prices closed lower as profit-taking across the board halted a six-session winning streak. But buying at the lower levels helped to lift shares from their day's lows. The Emas Index finished 2.03 points lower to 276.59 and the Composite Index fell
        Bernama; Source: Bridge Info  -  6,878 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8534 25 I »""«»*> Gr (rf M \\t 19*4/95 last \ol Da> I-M <>oir Di» l)i% \W Net Cap A«f lli|ll l-m» (ompunt Sale ('000) High l-o« B«>er Seller S C'%r S P/t Smil Price INDUSTRIAL AND COMMERCIAL 720* 388 ml t Acma 50c 4<0 -12 21 440 4)0 428 410 8
        8,534 words
      • Article, Illustration
        Lock icon Share prices slip as investors lock in profits
        1914 26  -  By R Sivanithy SINGAPORE Activity in the local stock market yesterday continued to cool off, as investors locked in profits in what proved to be a regionwide trend among institutions. Investors turned bearish on property stocks, based on talk that the upcoming
        Charts by Bridge Info; Source: Bloomberg  -  1,914 words
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      253 17 NEWS VALUE Lenders split on whether property bridging loans are secured loans (pg I) Property market will be that much worse off if the loans are considered unsecured. Markets dip but outlook still good (pg I) A healthy consolidation. Finance firms told to write down value of car loans (pg
      253 words
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      25 words
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      69 words
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      1085 26 s NOTICE NOTICE IS HEREBY GIVEN that, I TAN NAN KOK of Blk 161 Mei Ling St #16-327 Singapore 0314, have applied for a Wholesale Liquor Licence in respect of premises at M/s OAKWIN PACIFIC at Blk 373 Bukit Batok St 31 #02-08 Singapore 2365, and that this application will
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      Page 26 Advertisements Column 2
      371 26 NOTICE NOTICE IS HEREBY GIVEN that, I CHUA LENG SEE of Apt Blk 848, Tampines Street 82 #06-187 Singapore 1852, have applied for a Wholesale Liquor Licence in respect of premises at M/s PACT ASIA TRADING at 7500 A Beach Road #06-318, The Plaza Singapore 0719, and that this application
      371 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lock icon Death toll from S Korean ship fire rises to 19
      368 27 Reuter SEOUL The death toll from a fire in a South Korean shipyard rose to 19 yesterday, but seven seriously injured workers were considered likely to survive, a shipyard spokesman said. Fire broke out in the engine room of a
      Reuter  -  368 words
    • Article
      Lock icon Number of VLCC drydockings falls
      228 27 Knight-Ridder LONDON The number of very large crude carriers being drydocked for survey and repair work is decreasing, according to the International Association of Independent Tanker Owners (Intertanko). In Intertanko's market report for January, which is to be published later this week, statistics show that
      Knight-Ridder  -  228 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      612 27 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 •Ahlers Lines 12 1 Ahrcnkici Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line, The 9 5
      612 words
    • Article
      Lock icon M'sia considers ways to impose user fees for Malacca Strait
      250 27 AFP KUALA LUMPUR A Malaysian think-tank is studying ways to charge shippers passing through the Straits of Malacca to spread the cost of maintaining the world's busiest sea passage, news reports said yesterday. The Malaysian Institute of Maritime Affairs (Mima)
      AFP  -  250 words
    • Article
      Lock icon QE2 passengers seek US$62m from Cunard
      280 27 Reuter NEW YORK At least 120 passengers, who said they sailed on the luxury liner QE2 from England and New York in December, have filed a civil negligence suit seeking US$62 million (Ss9o million). That amount, according to the lawsuit filed in New York
      Reuter  -  280 words
    • Article
      Lock icon Yang Ming and K Line in deal for joint Asia-Europe service
      214 27 Reuter TAIPEI Taiwan's state-run Yang Ming Marine Corp has reached an agreement with Japan's Kawasaki Kisen Kaisha ("K" Line) for joint services in their Asia-North Europe container operations to strengthen services, it said in a statement on Tuesday. The
      Reuter  -  214 words
    • Article
      DAILY FREIGHTS
      1640 28 FRESH grain enquiries emerged in the freight market on Wednesday but the Baltic Freight Index (BF1) shed one point to 1.957 despite higher futures prices. In addition to new handy-size orders Toepfer introduced 45,000 tonnes of heavy grains US Gulf/Spanish Med for which they quote ideas of U5514.50.
      1,640 words
    • Article
      TRANSPORT DIARY
      390 28 COURSES Title: International Freight Forwarding I (SDF 70%) Duration: Feb 9 Apr 20 Organiser: Singapore Freight Forwarders Association Tel: For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Container Management (SDF 70%) Duration: Feb 15 Mar 2 Organiser: Singapore National Shipping Association lei: For further
      390 words
    • Article, Illustration
      Lock icon US defends port control policy
      843 29 Seatrade Week Newsfront IN LIGHT of increasing concern within the shipping community over the United States Coast Guard's rapidly expanding target list, Joseph Angelo, associate programme director at the Office of Marine Safety of the United States Coast Guard, mounted a stout defence of USCG
      Seatrade Week Newsfront  -  843 words
    • Article
      THE SHIPPING GUIDE
      11174 36 This is a list of ships loading al Singapore for ports around the world. It tabulates, by destination the name of the ship, the shipping line involved and the estimatec dates of arrival and departure frorr the Port of Singapore. IHtHD PN: ship calls at Pcnang alter
      11,174 words
    • Article, Illustration
      Lock icon Big Three find it's not easy being lean
      772 39  -  Jerry Dubrowski looks at the cost of factory shutdowns to America's Big Three carmakers Jerry Dubrowski Reuter BY MOST accounts, Detroit's Big Three carmakers had a banner year in 1994. Sales of new cars and trucks hit their highest mark in six
      Reuter  -  772 words
    • Article
      SHIPPING AGENTS
      3354 40 A (ontainerline .NV: Belsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Croup: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Vdkris Business Corporation Philippine: Cal source Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Scrvice: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,354 words
    • Article
      COURIER SERVICES
      280 40 Abacus ouriers Tel: 545-8011. Fa*. 545-1898. Air t\p«ss I ravel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJN Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Ouster Link Supplies Senices
      280 words
    • Article
      AIR FORWARDERS
      1510 40 Abex Express Freight Td: 542-7171. Fax *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Actinur Singapore Td: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8033 Fax: *****05 Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06 Air Express International Td: 542-7666. Fax: *****74. *****50. Air
      1,510 words
    • Article
      PORT CONDITIONS
      2648 41 ARGENTINA Diamante, Santa Fe: No vessels berthed, no vessels in roads, no vessels due. San Lorenzo: Six vessels berthed of which 4 loading soya bean meal pellets, I wheat, 1 soya oil, 7 vessels in roads, 14 vessels due at 9 terminals during the coming week. Rosario: One
      2,648 words
    • Article
      CRUISE & FERRY SCHEDULES
      1247 41 CRUISE FERRY SCHEDULES CRUISE SHIPS Art Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No FEBRUARY 09 09 Renaissance I Penang Renaissance Cruises 222-3388 09 09 Nautican Jakarta Lines Int'l Holdings 276-7175 09 09 Megastar Aries Malacca Jardine Shpg Agencies 224-1052 09 09 Megastar Taurus Cruise
      1,247 words
    • Article
      SHIP SALES
      795 41 THE emphasis has changed towards the tanker market this week, although the holidays in the Far East have probably contributed to the slow-down of activity in the dry sector. Whilst the early news was that the reported sale of the modern aframax Primo (81,000/87) had failed (comments indicated
      795 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        640 42 Vnsti Voy Wo Berth A/rival Departure Vessel Voy No Berth Arrival Departure iurong Port anna ia,% poj 0902/0100 *****900 Blanthe 165 111 alongside 0902/1600 Ah Danaos 23EB P01 0802/2100 09 02/0800 Elnusa 4,8 115/16 alongside 0902 0800 Aung Su Yu 002 POIA 0902 0900 0902/2300 Global Eos
        640 words
      • Article
        CONTAINER SCHEDULES
        1534 42 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 Aa lade 224B 10/1100 IB 08/1500 08/1659 08/1900 3 09/0700 09/1159 09/1400 4 09/1200 09/1459 09/1700 V» Uy 059A 11/1100 4
        1,534 words
      • Article
        COCKETT BUNKER MARKET REPORT
        829 42 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        829 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        586 42 Cartoon Carbon 2 Densrty Water Residue Ash Alumriun Sedrent Density Wats Residue Ash Mmriun Sedment 1 M/M M M Ejuuxi fjuor KG/M*3 1V/V t MM MM PPM method KG/M*3 IV/V I M/M M/M PPM method Eastern USA 180 Ave 986 0.3 12.9 0.08 12 0.02 monutHsvcm
        586 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Burlington Northern holders approve merger with Santa Fe
        530 44 Reuter ARLINGTON HEIGHTS, Illinois Shareholders of Burlington Northern Inc and Santa Fe Pacific Corp on Tuesday approved the companies' US$3.B billion (555.5 billion) merger that would create the largest US railroad company. The merger still requires ap-. proval from the Interstate Commerce
        Reuter  -  530 words
      • Article, Illustration
        Lock icon First South African-made BMW reaches Australian shores
        68 44 Reuter MELBOURNE South African Deputy President F W de Klerk sitting in the first South African-made BMW car to be exported to Australia yesterday. Mr De Klerk was attending the unveiling of the car at the Australian BMW headquarters here. He is on
        Reuter  -  68 words
      • Article
        Lock icon Swissair makes new partnership offer to Sabena
        434 44 Reuter ZURICH Swissair said on Tuesday it had made a new partnership offer to Sabena that reflects the higher financial need of the Belgian airline following the apparent collapse of a plan to cut its social costs. A Swissair spokesman also said the
        Reuter  -  434 words
      • Article
        Lock icon SIA plane's fuselage ripped by bursting tyres
        178 44 AP TOKYO Rubber bursting from a tyre that punctured during take-ofT ripped two holes in the fuselage of a Boeing 747-300 jumbo jet, Singapore Airlines officials said yesterday. But the damage was not noticed until the plane landed in Japan five hours later,
        AP  -  178 words
      • Article
        Lock icon Taiwan wants more airlines to fly to HK
        217 44 Reuter TAIPEI Taiwan, currently holding talks with Hongkong to renew a flight rights agreement. said it hoped more local airlines would be allowed to fly to the British colony, a civil aeronautics official said on Tuesday. "We don't want to see China
        Reuter  -  217 words
      • Article
        Lock icon Airbus hints at pilot error in Nagoya airplane disaster
        209 44 AFP TOKYO A senior Airbus Industrie official hinted on Tuesday that pilot error was to blame for the April 1994 crash of a China Airlines (CAL) jet in the central Japanese city of Nagoya, in which 264 people died. Ange Ortega,
        AFP  -  209 words
      • LOG BOOK
        • Article
          Lock icon Mexicana hit by big forex loss
          103 44 Reuter MEXICO CITY Mexico's debt-loaded airline Mexicana de Aviacion said on Tuesday its troubles have gotten even worse because of hefty foreign exchange losses and lean times ahead in the national market. Mexicana said it suffered foreign exchange losses of 1.15 billion new pesos
          Reuter  -  103 words
        • Article
          Lock icon Air India profits seen to plunge
          109 44 AFP NEW DELHI Air India's profits are expected to plunge to US$B.3 million (S$ 12.0 million) in the fiscal year ending in March from US$63 million the previous year, Air India managing director DS Mathur said on Tuesday. The fall in profits in fiscal
          AFP  -  109 words
        • Article
          Lock icon China Eastern, Asiana run joint route
          97 44 Bloomberg Business News SHANGHAI In their first cooperative agreement, China Eastern Airlines and Korea's Asiana Airlines have opened a joint air route between Shanghai and Seoul, the official Shanghai Star newspaper reported on Tuesday. China Eastern had previously run the route with Korean Air.
          Bloomberg Business News  -  97 words
        • Article
          Lock icon I did not resign: Kiwi founder
          92 44 Reuter NEW YORK The founder of Kiwi International Airlines said he did not resign from the carrier's top positions and vowed to take legal action against its board. "I did not resign. They believed they could remove me as chairman. I believe all those
          Reuter  -  92 words
      • Article
        Lock icon Carmakers urged to go more global to reap trade gains
        264 44 Reuter LONDON Carmakers must go more global to reap the benefits from falling trade barriers and new economic blocs, but more open markets are likely to threaten European auto firms, according to a report released on Tuesday. The study, by
        Reuter  -  264 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1687 44 55 nw ro nw nm cu nm rre^ Aba MaM GA985 1105 GF147 1850 TG407 2120 Mo CM MM City VN741 1310 SQ172 1000 3g83 1520 SQ171 1450 VN740 1410 GA975 1535 Hoafhoag UA1 0050 UA2 1215 sSk M35 QF82 59f£2 2035 SQ865 1435 SQ862 1330
        1,687 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      72 27 2 New Services to Far East RTA Arriving Wed to Pusan Incheon lAX Arriving Fri to Tokyo, Osaka Yokohama HotlhU *****30 US defends port control policy, Pg 3 Big Three find it's not easy being lean, Pg 13 Burlington Northern holders approve Santa Fe merger, Pg 18 Lines and service*
      72 words
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      Page 27 Advertisements Column 2
      27 27 < PERSONAL FINANCE INVESTMENT Every Saturday in Business Times EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINOAFOIie rn Business Times wtßtamAUi
      27 words
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      Page 28 Advertisements Column 1
      2099 28 t Hotrm Amum* I I otmr msimahom 1 NORTH AMMFICA I DIRECT CALi, Tfr WEST (t?X) ZZ3 ffHT CQAST Of CENTRA*. A|rftW<;A (MAJTOATr* SEWVtCf) SMOAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) «m WT STOK U 01* KM SEI Oil HOUSTON CW NY KDCO "OTO «l WT 9 11 FttlM «JSQ
      2,099 words
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      Page 28 Advertisements Column 2
      26 28 o O 0 LEAD BY EXAMPLE s < For some of the best examples of good management. Enterprise Management. Every Monday. SINGAPORE rTI Business Times Wt KNOWASA
      26 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1065 29 1 1 U jQkv SHIPPING CO (SAG) O0K«6/4I8FAX.- *****14 —aa—aa——————— g—«a————————OßßßPCCßßQ———B—M|—B——W———iß—B—M—' AMMMHBBMMBNaaMMgMHHBBMHBanBr —■«—W——WB—M—B—B——*—T W/VOY |MM PSO IDM I SHI IKWI MM I DMN IBW I DOH I I fil/YPT G» BHP I BUM VSL/WT I sti I aa 1 n 1 XI MRQAfi CIO3N 13/2 27/2 25/2 27/2 1/3 21/2
      1,065 words
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      Page 29 Advertisements Column 2
      410 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COABT) FROM AUBTBALIA (»AST COAST)" vtssi vot «t mc s» m sra m m hob wssa/vor mc std ao m hob kt sop |p*s A. AUSTAAIIA MS 04/02 11/07 MPT 2S/02 21/02 <L AUSTMIIA MM 17/01 20/01 00/02 MPT 111/*2* *mm m
      410 words
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      Page 30 Advertisements Column 1
      1465 30 ROAM LE SOUTH- PORT VOY NO HAMBURG ANTWERP HAVRE AMPTON KELANG S PORE HKG KAO TYO SHI KQ6 NAG NYK ALTAIR 01/203 17/1 19/1 21/1 9>2 11/2 14/2 16/2 23/2 21/2 ESSEN EXPRESS 10/403 21/1 23/1 25/1 18/1 12/2 16/2 20/2 2V2 LA SEINE 39/204 24/1 26/1 28/1 16/2 17/2
      1,465 words
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      Page 30 Advertisements Column 2
      518 30 /fsippjjipipik I S pore P. Kelang Loading for VLAHERNA 10/2 14/2 Rdm/Atw/UK/Nantes I 'Loads E./W. Malaysia. Indonesia H I Loading for ENERGETIC Dubai/Bahrain/Damman/Kuwait B SEA VENUS Hodeidah/Jeddah/Aqaba B •Loads Singapore. E./W. Malaysia. Indonesia I Loading for DONA V Los Angeles/Mew Orleans/ B Charleston/Norfolk/Camden B OCEAN EVER Los Angeles/New Orleans/ B
      518 words
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      Page 30 Advertisements Column 3
      1347 30 I NORASIA" I 0 J ?2/f!» M/M ?2/M 04/03 05/03 05/03 06/03 06/03 07/03 I I FInBOURG 9506-3 15/02 07/03 10/03 11/03 11/03 12/03 12/03 13/03 13/03 14/03 I I NORASIA HONGKONG 9507-3 22/02 14/03 17/03 11/03 10/03 9/03 20/03 21/03 21/" 22/03 2K2 24/03 /03 /03 'i/03 £S 01/04
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      Page 31 Advertisements Column 1
      1379 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 T»l: *****88 Fax: *****17 new guinea pacific line jqregp (A service of china navigation co> CARGO [XJt SAILS CJ NUGA M3O V9504C Muri lab. KK M F*t> 10 Fob U Feb FCL, LCt CONTAINER AND BREAKBULK
      1,379 words
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      Page 31 Advertisements Column 2
      2508 31 Tip £~> M Singapore Agent: IjiOIITj HfifS P& Containcr (Singapore Agencies) Pte Ltd 17* l r*>\ IXTJ 10 Hoc Chiang Road. #07-01 keppcl rowers. Singapore 0208 First Class Connections WORLDWIDE rc,: 225 2233 rdcx: Rs ***** PN'ocsp.Fa*: 225 5327/222 7517 R Number: *****9 *****/. EXPORT IMPORT sr B pHW|!n, "a
      2,508 words
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      Page 31 Advertisements Column 3
      643 31 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PKI PtW *OH SW HKG _KAO TAI K£E YOK THY NAG KOB OS* MOI BUS WAN HAI 20b N069 0/ 02 08 02 10/02 11 12 02 16 02 17/02 19 02 20 02 27/02 28/02 01/03 WAN HAI 212 No2b 12 02 15/02 161/
      643 words
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      Page 32 Advertisements Column 1
      512 32 JOINT VENTURE vly SAMUDERA INDONESIA C|P RICKMERS W,M SINGAPORE CHINA OASA S£PUUH VOY 3NB 14 FEB QINGOAO GREEN ERA VOY 4NB 13 MAR XINGANG SHANGHAI INDUCEMENT CALL P KEIANG INDUCEMENT CALL HK. 9 GUDANG. BE LA WAN. TG MAN XIAMEN. HUANGPU ft""™^ PSt\ UTAMA HARTA r® WEEKLY FULL CONTAINERBHIP FEEDER
      512 words
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      Page 32 Advertisements Column 2
      1186 32 I HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VSI S« lIM HMJI StA YVt m FW VS. I S* llflC HMJI SA* U WYC HANJM ItOniROAM 0291 11/2 DKCT 2/3 3/3 4/3 HMMN RWANGYANG 1241 U/2 N. KEELUMG OSS IC/3 17/1 I*/)
      1,186 words
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      Page 32 Advertisements Column 3
      1330 32 I P*L S«P KSG HKG KLC PUS WT OSR RGY SMZ TYO LAI CHS BM RYI LH» ANN «M W MG PSt CMI NIL B t GATIO RMI U/2 IJ/2 It/2 2J/2 27/2 21/2 l/J 2/3 J/J 4/1 15/3 21/J M/ 3 31/3 14/4 11/4 12/4 22/4 2/5 6/5 ■E.
      1,330 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      3003 33 VARNA (BULGARIA) COMSTAHTZA (ROMANIA) VIA UMASSOL 3 SAILING PER MONTH SWfon't StMrat 4|m(l' M (GaaaraQ: *****00 Salas. Boohing: Afncy Oapl: MCTiD CU/DO/Ur OTP ITO Fax (Qoooral): *****66 Contalnar: *****41 844 Contalnar S*c— 1/1: *****02 Operation Caataimar 4205/15 LU9IMN onlrrlnu fit LTD Talax: ***** COSHIP Conventional: *****50 D/O: *****85 Convantlonal: 4205
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      Page 33 Advertisements Column 2
      327 33 (fc FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) NEXT GROUPAGE SERVICE TO CHINA ETA: 13th FEB. 95 CONTACT: KEN SIM/ SYLVIA HOT LINE: *****33 (30 LINES) P. KLANG PH: 0203-*****02 (10 LINES), PENANG PH: 0204-*****7 (10 LINES) J. BAHRU PH: 0207-*****22 GLOBELINK FORWARDERS
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      Page 33 Advertisements Column 3
      132 33 PONGNAMA LINE CONTAJMIRIBID ggRVICE tTmiTS/BLW/IWC/MH. ram (Mss) Sep n me mc b» SMKMC HIMO *502* 12/(2 IJ/K 14(2 14/(2 2»/(2 01/03 USIBM ****** M 22/(2 22/(2 23/(2 (5/(1 M/U MM* »50» 23/(2 27/(2 2(/(2 (2,(3 12/(1 15,(3 TUSBU «0* (M 03 H (3 (1/03 lt/() 22/(3 WOUND M «MWC« KSSI
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      892 34 I VjSSEL I V° Y ~T» ZZmjZZ I|VES«£L VOY STN P.* f| ISRA BHUM 67S Fri W»d 15/2 inTRA BHUM 5023 Fri 10/2 8«t 11/2 BKK BHATRA BHUM MS Sat 11/2 14/2_ INTRA BHUM 5025 Mon 13/2 W*d 15/2 T_ Sun 12/2 J VIRA BHUM 1218 Sun 12/2 Fri 17/2
      892 words
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      Page 34 Advertisements Column 2
      200 34 conanentat raonc Shipping J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU STORE PK LOADMG FOR AN ANGEL WISDOM SID SID FLU/tOT/ANT/UK WORLD AMPHON SU) 14/2 17/2 FLU/ROT/VIT/UK MELOt 25/2 2/3 6/3 FIU/ROT/ANT/UK Loads Sabati Indonesia C R NO **********0H CONTIPAC SHIPPING PTE LTD T*fc *****32 Fax: *****49 P.K. MULTIPORT SDN BHD.
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      Page 34 Advertisements Column 3
      907 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N BTRAITB SHUTTLE SERVICE I PORT KLANG PENANG WSSCL wt aw m. vessel vot sm pew g LA RtI Ml 0* 2 t*tD) 10/2 (FBI) MCC CONYEYOK SOQ9 07/2 JUt) 10 2 (ft) KOUB GtMW ****** 10 2 (FRI)
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      Page 35 Advertisements Column 1
      1189 35 55 ADVANCE CONTAINER LINES (PTE) LTD A Z 140 CacU SlrMt. #12-00. PtL Building. Singapora OKM t La' TEL: *****21. FAX *****19, TELEX RS ***** ACLPL II iiiiMA la PAT. 2 Mings I* BMT. 1 SaMng lo LCM) (3 toMngs/WMli) »at WW I VOV I MM I BKK I SIN
      1,189 words
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      Page 35 Advertisements Column 2
      905 35 VtSSfLS YOY Ml U haw HMBUIG THAAgS ROTTERDAM ANTWERP Wilt O'AQUS.A *07* 15/0? M/OJ 10/03 jj/OJ 13/03 14/03 WIH DHYOSA HO7W 23/02 IS/03 17/03 10/03 20/03 21/03 Wilt 01 ITM YO7W 02/03 22/03 24/03 20/03 27/03 20/03 WUC 0E «UA VO7W 00/03 20/03 31/03 02/04 03/04 04/04 •AISO ACCIPIMG CARGO
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      Page 35 Advertisements Column 3
      585 35 1 BSA it. %mm. MYANMA «BBk FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIc Pen P.Gd| TANAH AM V2W SAILED HPA-AN V2O7W 12/14 Feb PAGAN V2ISW 21 Feb MAUTSU AGENTS BOUSTEAD SUPPING AGENCCS KUL TEL 02 03 *****00 PW: TEL 02 03 36M767 PHI: TEL
      585 words
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      670 38 CS^ICHHE^^ARiNMMENCIEMS^T^n^I A TEL: *****33 (12 Lines) \rr% FAX: *****15/*****03 HJ TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E ffi ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Voy ETA Loading For Bpof Andinet 38WB 03/04 Mombasa. Djibouti Assab. Massawa Abbay Wonz 43W8 08/05 Mombasa. Djibouti
      670 words
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      Page 38 Advertisements Column 2
      778 38 4 PI HM ll AFGHANISTAN MAM Afghanistan Ltd., Halratan, Torghundi, Islamqala (Doqharun) ■weOrEwe C.1.5./RUSSIA: Ata. Ashkhabad. Baku. Dushanbe. I Miliar A. Irkutsk, Khabarovsk. Krasnoyarsk, Korsakov. Moscow. Mlinzer MUTCH Novosobirsk. Sochi. Tashkent. Tbilisi. Vladivostok. Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH
      778 words
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      Page 38 Advertisements Column 3
      105 38 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD EH ll* ll* SKW PMI KIIANG PINAAG 13/2 11/2 I aiding lor Mjic WVAI HUDHU 22/2 Loading lot Dubai DOLPHN 15/2 loading For Malt mcu sum MI u/2 Loading For Mate UMKOH M/ 2 Loading For Male «OGKSS LKJtTY 20/2 loading
      105 words
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      Page 38 Advertisements Column 4
      343 38 lIMIM 66MTAIhjft UkES, inc I ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILMGS/WEEK PEN PK SIN I 9/2 10/2 11/2 HKG/BKK/KEE/KHH G'burf/Chafen/S'holm/Oslo 12/2 13/2 14/2 13/2 14/2 15/2 HKG/BKK/KEE/KHH Piraeus 22/2 23/2 24/2 16/2 17/2 18/2 HKG/BKK/KEE/KHH Idn/Fli/Rtm/Ant/Ham/Leh 11/2 12/2 13/2 RECEIVING TO 11/2 6/2 7/2 8/2 SHANGHAI/DALIAN JPN/KOREA/MANILA I
      343 words
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      487 43 HYUNDAI I CO. LTD. WESTBOUND TO EUROPE BKG: *****61 fpNA [75 PGO VESSELS VOY sm RTM ANT LEH HAM BREt Ftt "08/02 10/02 11/ OF" SEA PROGRESS 315W ***** ***** 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 24/02
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      Page 43 Advertisements Column 2
      369 43 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE ROfiO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS Iu« [Fro VESSEL VOY SW P* LOAOING FOR ORANGE MOON M U/2 MUG*OK 14/2 KU2MA GMOASH 10 13/2 CHAMPION TRADER «3 IJ/2 15/2 BtNTHU 10/2. TANKING MAMS 21/2 KOTA KWABAIU
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      Page 43 Advertisements Column 3
      679 43 VOY SIN ETA/D LAX OAK CHI DAL MEM/COL HOU NYC NOR HENRY HUDSON BRDGE SIA 09/02/10/02 26/02 28/02 01/03 02/03 02/03 03/03 03/03 04/03 ALLIGATOR VICTORY 59* 16/02 /17/02 05.03 07/03 08/03 M/ 03 09/03 10/03 10/03 H/03 MACKINAC BRPGE 83A 23/02/24/02 12/03 14/03 15/03 16/03 16/03 17/03 "iT/oF" 18/03
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      305 43 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 16 1.7 1.8 1.7
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