The Business Times, 22 February 1995

Microfilm: NL19772
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times \\\tyOWASlA MITA(P) 194/12/94 Wednesday February 22 1995 85*
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  • 2am LATEST
    • Article
      Lock icon Dow up 9.76 points
      58 1 Reuter NEW YORK Stock prices were mixed at mid-session yesterday, pausing after the blue-chip Dow Jones index failed to top the 4,000-point mark last week. The Dow Jones industrial average was up 9.76 points at 3,963.30 at Ipm EST. Declines led advances on volume of more
      Reuter  -  58 words
    • Article
      Lock icon Kemper executives to buy out firm: report
      41 1 Bloomberg Business News LONG GROVE, Illinois Kemper Corp top executives are preparing a leveraged buyout offer for the insurance, brokerage, real estate and money-management firm, Crain's Chicago Business reported yesterday, citing unnamed sources. Bloomberg
      Bloomberg Business News  -  41 words
  • Article
    MARKET SUMMARY
    171 1 Stock Mitit Htdim Tuesday Change STII 2,105.14 -11.64 KLSE Comp 971.10 -15.40 Nikkei 18,096.25 +139.77 Hang Seng 8,082.29 +175.55 SET Index 1,288.31 -8.68 Jakarta Comp 455.83 +1.80 Manila Comp 2,590.36 +0.51 Taipei WPI 6,633.03 +20.06 Seoul Comp 917.75 -11.48 Bombay bSE30 .3,280.83 -75.9 CLSA China B 818.01 -3.85
    171 words
  • Article
    Lock icon Indonesia enforces new accounting rules
    93 1 Reuter JAKARTA Indonesia has introduced new accounting principles applicable to all financial statements from Jan 1, 1995. A government official yesterday said: "The regulations will have full impact for companies whose financial year starts from Jan 1." He said the new accounting principles contained some
    Reuter  -  93 words
  • Article
    Record $10b worth of new private homes sold last year
    567 1  -  By Lee Han Shih SINGAPORE A staggering $10 billion worth of new private houses, flats and condominiums were sold last year, according to latest government figures. The Urban Redevelopment Authority's quarterly supply data, released yesterday, showed that 9,860 new private
    567 words
  • Article
    GIC invests US$50m in M'sian capital venture fund
    588 1  -  By Catherine Ong, Ho Kay Tat in KUALA LUMPUR THE Government of Singapore Investment Corporation (GIC) is putting US$5O million (5572.5 million) into a fund set up to invest in Malaysian companies and Malaysia-related deals in the region. The GlC's 35.7 per
    588 words
  • Article, Illustration
    Lock icon S'pore investors and GIC in heavy selling of A$: report
    336 1  -  From Florence Chong in SYDNEY SINGAPORE investors have been heavy sellers of the Australian dollar in the past few days, reports here say. The Sydney Morning Herald quoted "worried" foreign exchange dealers as saying that the Singapore investors had the
    Source: Bloomberg  -  336 words
  • Article
    EPF to be biggest source of funds for Ekran dam project
    473 1  -  By S N Vasuki SINGAPORE In the first sign of how Ekran Bhd plans to finance its giant MS 15 billion (SSB.6 billion) Bakun Dam, Malaysian Energy, Telecommunications and Posts Minister Samy Vellu told BT that the Employees Provident
    473 words
  • Article
    Ekran shares lose steam
    130 1  -  -By Ruth Wong KUALA LUMPUR Ekran Bhd shares continued to be active yesterday but failed to shine after seeing strong gains on Monday. The counter reached a high of M 59.25 but later fell 30 sen to close at M 58.70. It was the second most
    130 words
  • Article
    SBS, SAE may merge taxi units
    302 1  -  By Ramesh Divyanathan SINGAPORE Singapore Bus Service Ltd (SBS) and Singapore Automotive Engineering Ltd (SAE) are exploring the possibility of merging their taxi operations, the companies said in a statement yesterday. SBS controls two taxi subsidiaries, SBS Taxi and Singapore Airport Bus Services (SABS),
    302 words
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      177 1 HfflNH I CONTENTS^ News Ciwpanln S-port few 2 Spore** 17,18,20 lk(BiMl New 3,4,5 Financial 21,22 WbrM New 6,8 Furtarw KUriwto taalyn 15 Qob/KLSE, S£S 26-28 Eitonal 14 te®onal .24 Shortj 10,11 World 25 W/Ltat* 13 Cwrewes 22 Md Focus 9 Smo/CwiMn .22,23 S«bsai|rti«N Tel 1800-*****77 Fai *****75 BT N«w«t»»h Tel
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      20 1 Focus: pk 9 US banks on lending spree China Steel to offer 1.44b shares in Taiwan's biggest IPO, Pg 20
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      18 1 Hock Lock Siew: p g n That GFA takeover S'pore buyers spent Aslb on Aussie hotels, Pg 2
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      98 1 Bottom Line: Pg 16 Global investment laws needed THE GREAT SEAFOOD THEATRE fLAST 1995 Business Lunch or t|!> Family Dinner Feast All You Can For Just $25. That's 50 delightful dishes in all! Featuring the best of Seafood Theatre Restaurant's much talked-about seafood and Cantonese cuisine. All you can eat.
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon December boost for finance firms
        294 2  -  By Shiv Taneja LOANS and advances by finance companies grew strongly in December to 514.7 billion, up 27.8 per cent year-on-year. According to the latest duta from the Monetary Authority of Singapore (MAS), this growth was largely driven by car loans, which saw year-on-year growth
        Source: MAS  -  294 words
    • Article
      S'pore buyers spent A$1b on Aussie hotels in the past two years
      300 2  -  B* Lilian Ang SINGAPORE investors bought more than Asl billion (S$ 1.07 billion) of Australian hotel properties between 1993 and 1994, accounting for just over half the value of all hotel deals in Australia. In 1994 alone, these
      300 words
    • Article, Illustration
      Chemical industries to focus on downstream project investments
      282 2 SINGAPORE will focus on seeking investments in the downstream petrochemical, specialty chemical and pharmaceutical fine chemical sectors, said the chairman of the Government Parliamentary Committee for finance, trade and industry, Ow Chin Hock. Speaking yesterday during the opening of the Chemical Week's
      282 words
    • Article
      Higher rents at some hawker stalls from April 1
      138 2 RENTS for Environment Ministry, Housing and Development Board as well as Jurong Town Corporation hawker centres will be raised from April 1 this year. For cooked food stalls, the new rent will be $160 per month, an increase of $40. For
      138 words
    • Article, Illustration
      Lock icon Prudential launches S'pore fund management arm
      406 2  -  By Soh Tiang Keng PRUDENTIAL Portfolio Managers Singapore (PPM Singapore), which was launched yesterday, plans to increase its start-up funds under management from $2.1 billion to $5 billion in the next three years. This was revealed by officials of Britain's Prudential Corporation which owns
      Photo by Arthur Lee  -  406 words
    • Article, Illustration
      Lock icon New disc maker buys $16m of equipment
      309 2 FAS Disc Manufacturing yesterday signed a $16 million contract to buy equipment and technology from Optical Disc Manufacturing Equipment (ODME) of the Netherlands. FAS, which has just been set up, plans to start production in April. It will make a full range of
      Photo by Chris Loh  -  309 words
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      129 2 &3# jsi®! 3B& Northwest Airlines has just single-handedly improved the economy of the United States Fly Northwest Airlines there are convenient flights Call Northwest at 336 3371 economy to Chicago, to destinations throughout or your travel agent for Boston or New York the USA. Don't miss this further details. between
      129 words
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      137 2 For Information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 1800-749-2577. FOR SALE BY TENDER. FORMER RAAF BASE. CURRENT WAREHOUSE I PARK, a spm (11 s*i ni fHr? ct OUTSTANDING OPPORTUNITY FOR AN ENTREPRENEURIAL INVESTOR OR
      137 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Thailand urged to improve workforce, infrastructure
      262 3 AFP BANGKOK Japanese investors are keen to increase their presence in Thailand but infrastructure problems and a shortage of top executives remain stumbling blocks. Hiromichi Seya, chairman of the Japan-Thailand Trade and Economic Committee, president of Asahi Glass and a member of Keidanren, yesterday
      AFP  -  262 words
    • NOTE BOOK
      • Article
        Lock icon Record tourists for Philippines
        54 3 AFP MANILA Tourist arrivals in the Philippines rose to a record 1.57 million in 1994, a 14.7 per cent rise over 1993. Tourism Department spokesmen yesterday said the United States contributed the largest number of arrivals with 310,231, while Japan came second at 277,825 and Taiwan
        AFP  -  54 words
      • Article, Illustration
        Lock icon Could this be the answer?
        62 3 AFP, Reuter BANGKOK A Thai doctor preparing an anti-Aids vaccine before administering it to drug users at Bangkok's Mahidol University hospital yesterday. More than a dozen volunteers received the first dose of the GP-120 vaccine manufactured by Genentech Inc of San Francisco. The vaccine is
        AFP,; Reuter  -  62 words
      • Article
        Lock icon New Thai deputy education minister
        42 3 Knight-Ridder BANGKOK The Thai government coalition's Democrat Party on Monday selected Charoen Kanthawong as the new deputy education minister, local papers reported. His nomination is expected to be submitted to the King for royal appointment today. Knight-Ridder
        Knight-Ridder  -  42 words
      • Article
        Lock icon Evans concerned over E Timor
        105 3 AFP JAKARTA Australian Foreign Minister Gareth Evans yesterday said the "deteriorating" situation in Indonesian-controlled East Timor was causing concern for Canberra. He made his comment following a meeting here with his Indonesian counterpart, Ali Alatas. "Making the point that what had been a pebble in
        AFP  -  105 words
      • Article
        Lock icon Thai cabinet nod for US$33.3b budget
        125 3 AFP BANGKOK The Thai Cabinet yesterday approved a budget of U5533.29 billion (5548.2 billion) for the next fiscal year, an increase of 16.4 per cent over the current one. A government spokesman yesterday said the budget for fiscal 1996, which begins on Oct 1,
        AFP  -  125 words
    • Article, Illustration
      Jakarta urged to raise toll to aid road developers
      379 3  -  From Maggie Ford in JAKARTA INDONESIA should increase toll fees on motorways immediately and review them every two years, said Siti Hardiyanti Rukmana (Tutut), daughter of President Suharto and controller of the leading toll road operating company PT Citra Marga Nusaphala
      379 words
    • Article
      Lock icon Some Indonesian strategic industries inefficient: Habibie
      378 3 Reuter JAKARTA Indonesia's Research and Technology Minister Jusuf Habibie has admitted several so-called strategic industries under his control have lost money and are inefficient. Mr Habibie, quoted by the Antara news agency yesterday, said five industries considered inefficient included state shipbuilder PT PAL and
      Reuter  -  378 words
    • Article
      Lock icon Sabah freezes applications for logging concessions
      118 3 Bernama KOTA KINABALU All applications for logging concessions in Sabah have been frozen with immediate effect. A statement issued yesterday by the Natural Resources Secretary's office in the Chief Minister's Department said the move was to allow the procedures of the timber tender system
      Bernama  -  118 words
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      193 3 We encountered a few obstacles on the road to success. full-width beams provide side-impact protection. More than just a few obstacles, in fact. It is no surprise then, that the Accord is the first Because we conducted hundreds of real-time Japanese car to crash tests on the new Accord to
      193 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Taiwan, China set for more talks
        78 4 AFP TAIPEI Taiwan and China will hold another round of talks through the semi-official associations set up to maintain relations between the two political rivals. Vincent Siew, chairman ot the cabinet-level Mainland Affairs Council, yesterday said the chairmen of Taiwan's Straits Exchange Foundation and
        AFP  -  78 words
      • Article, Illustration
        Lock icon Taiwan blaze: probe promised
        83 4 AP TAIPEI President Lee Teng Hui, his government under attack over a nightclub fire that killed 64 people, yesterday issued an apology to the nation and promised a thorough investigation. The apology, published by the ruling Nationalist Party, came as opponents filibustered in Parliament about the
        AP; AFP  -  83 words
      • Article
        Lock icon Seoul backs China's WTO entry
        70 4 Knight-Ridder GENEVA China should be allowed to enter the World Trade Organisation as a developing country, but with clear commitments to reducing market access and other barriers. South Korea's ambassador for international trade, Kim Chul Su, yesterday said: "China should be allowed to enter as
        Knight-Ridder  -  70 words
    • Article
      HK residential property prices ease but moves against speculation to stay
      388 4  -  From Lim Soon Neo in HONGKONG RESIDENTIAL property prices in mid-January this year had fallen on average by 14 per ccnt from the April 1994 peak, but the government will not relax anti-spec-ulation measures it introduced in June last
      388 words
    • Article
      4 Shougang firms take a drubbing
      283 4  -  From Lim Soon Neo in HONGKONG SHARE PRICES in four of the five Shougang companies, which resumed trading yesterday, plunged on heavy selling despite the Hang Seng Index rising 2.2 per cent to close at 8,082.29. The shares were suspended on Monday after news
      283 words
    • Article, Illustration
      Lock icon No need to alter Shougang system: Beijing
      409 4 fhe Shougang affair Reuter UtIJING China yesterday lauded Deng Xiaoping's poliey to reform troubled state tlrms. saying there was no need to alter a 15-year-old. high-auton-omy system used by steel giant Shougang. now being roeked by seandals. In a eulogy to Mr Deng's
      Reuter  -  409 words
    • Article
      Lock icon Investors' confidence shaken but only for short term: analysts
      305 4 AFP HONGKONG The fall of the chief of China's flagship Hongkong firm for alleged commercial crimes has shaken a cosy club of companies shielded until now by political patronage in Beijing, analysts said yesterday. Last week's arrest of Shougang Concord International
      AFP  -  305 words
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      90 4 Express we Sfnl npTuia !l7ufi]ilß II I t§3?i .%£>; s software i jjm£> we delay structure ''Bc the we across Asia up ;^v^K^ll^^Hfli^HhS29i2929BiHS9lSiHpHßßßHP^^^^^^^^^^^^lH9^l^9P9Mß9 Wj; -4 a f' (>et °f ver 450 Federal Express aircraft J. l aB worldwide. m 1 So. no matter how heavy or light, your assured of
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Japan adopts guidelines for info highway plan
      401 5 USs9Bob project includes subsidised loans to attract private companies AFP TOKYO Prime Minister Tomiichi Murayama yesterday adopted policy guidelines to promote Japan's US$9BO billion (551.41 trillion) information highway project, including subsidised loans to attract private companies. "The progress in information communications is one
      AFP  -  401 words
    • Article
      Lock icon US urges India to clear up confusion over telecom policy
      178 5 UPI NEW DELHI The United States yesterday urged India to clarify its policies on foreign investment in its telecommunications sector, saying this is essential if India is to have an efficient telephone system. Speaking in New Delhi to a meeting
      UPI  -  178 words
    • Article
      Lock icon Convergence of TV, and telecom heralds ad revolution in NZ
      313 5 Reuter AUCKLAND Signs are emerging of a broadcasting revolution in New Zealand as radio and television increasingly converge with computing and telecommunications, industry representatives say. "We predict that convergence of the broadcast television, communications and computer industries will create a
      Reuter  -  313 words
    • Article
      Lock icon NZ seeks clarification over Cook Islands' letters of guarantee
      288 5 AFP RAROTONGA, New Zealand Politicians and the New Zealand government are demanding explanations following allegations that Cook Islands' Prime Minister Geoffrey Henry has signed letters of guarantee worth more than NZ$2 billion (551.84 billion). In Wellington yesterday, Foreign Minister Don McKinnon
      AFP  -  288 words
    • ASIA NOTES
      • Article
        Lock icon Kim Young Sam sacks deputy premier
        72 5 AFP SEOUL President Kim Young Sam yesterday sacked deputy prime minister and former intelligence chief Kim Deok over an alleged attempt to engineer the postponement of this year's crucial local elections. Mr Kim Deok, who also held the key post ot national unification minister,
        AFP  -  72 words
      • Article
        Lock icon Indian nod for investments
        64 5 Reuter NEW DELHI India has approved a proposal by Asea Brown Boveri to invest US$l6.5 million (5523.9 million) in ACC-Bab-cock Ltd, the Industry Ministry said on Monday. Finolex Cables and AT&T have also been allowed to set up a joint venture to make optical fibre cables
        Reuter  -  64 words
      • Article
        Lock icon Tamil Tigers deny assassination plan
        67 5 AFP COLOMBO Sri Lanka s Tamil Tiger rebels have denied plans to assassinate President Chandrika Kumaratunga but tacitly admitted having killed former Indian premier Rajiv Gandhi. Press reports yesterday said the separatist Liberation Tigers of Tamil Eelam (LTTE) had discounted claims by Mrs Kumaratunga that
        AFP  -  67 words
      • Article
        Lock icon Tokyo taxi fares to rise
        116 5 AP TOKYO Tokyo's sky-high taxi fares are about to get even higher, with a minimum fare of 650 yen (about 559.70) to go into effect next month. The average 9.4 per cent increase, approved by the Transport Ministry yesterday, is the first since May 1992.
        AP  -  116 words
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      471 5 M m reliable, I d be dead. Its as simple as that!' So said explorer Robert M mF Swan about the timepiece that W helped Him navigate to the M adventurer Janusz Kurbiel notes: "When you can't rely on external I time checks, a watch becomes one of the basic
      471 words
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  • THE WORLD
    • Article
      Lock icon Germany adds voice to ruling out 1997 for single currency
      472 6 AFP BRUSSELS The prospect of Europe's creating a single currency in 1997 was virtually ruled out on Monday as Germany threw its influential weight behind British scepticism about its happening before 1999. The 1997 scenario has been strongly pushed by
      AFP  -  472 words
    • Article
      Lock icon BBC chief against EU quotas on US TV shows
      165 6 AFP LONDON British Broadcasting Corporation directorgcneral John Birt acknowledged on Monday that there was a risk of "an Americanised world culture" but rejected strict EU quotas to limit European broadcasting available to US programmes. Mr Birt warned in an address. the
      AFP  -  165 words
    • Article, Illustration
      Lock icon Socialist ahead of Balladur in presidential race: poll
      304 6 Reuter PARIS France's presidential election campaign was flung wide open yesterday hv an opinion poll that showed Prime Minister Edouard Balladur. enmeshed in a phonetapping scandal, had lost his once-huge lead. The BVA survey for the First time showed conservative Jacques Chirac
      Reuter; AFP  -  304 words
    • Article
      Lock icon Bundesbank says price pressures showing in Germany
      430 6 Reuter, AFP FRANKFURT Germany is in a broad-based economic recovery and some price pressures are starting to emerge, the Bundesbank said yesterday, dashing any remaining hopes for further cuts in German interest rates this cycle. The central bank said that a slowing trend
      Reuter,; AFP  -  430 words
    • WORLD WATCH
      • Article
        Lock icon Improving transport of EU farm animals
        67 6 Reuter BRUSSELS European Union farm ministers, besieged by animal rights protesters, yesterday searched for a compromise between northern and southern countries over measures to improve conditions for animals transported long distances to slaughter. France, which holds the rotating EU presidency and was formerly in
        Reuter  -  67 words
      • Article
        Lock icon Italy's electoral reform law
        65 6 Reuter ROME Italy's Lower House of Parliament approved on Monday a law to reform the regional electoral system, one of four reforms Prime Minister Lamberto Dini has vowed to tackle. The Chamber of Deputies voted 267 to 30 in favour of the law, supported by leftist
        Reuter  -  65 words
      • Article
        Lock icon No replacements for strikers: Gore
        83 6 The Washington Post BAL HARBOUR. Florida United States Vice-President A 1 Gore told leaders of the AFL-CIO on Monday that the president would sign an executive order banning the use of replacement workers by federal contractors in labour strikes. Mr Gore announced the action at
        The Washington Post  -  83 words
      • Article
        Lock icon UK housing market in the doldrums
        65 6 Bloomberg Business News LONDON The housing market in England and Wales remains flat and talk of a recovery is increasingly irrelevant. A survey by the Royal Institution of Chartered Surveyors published yesterday said: "Job uncertainty, an aversion to debt and government policies designed to
        Bloomberg Business News  -  65 words
      • Article
        Lock icon Swiss seek EU membership
        57 6 AFP BERN Pro-European organisations here said on Monday they were launching a nationwide initiative to promote Swiss membership of the European Union. The initiative, entitled "Yes to Europe", aims to collect 100,000 signatures by August 1996 in order to compel the government to undertake negotiations with
        AFP  -  57 words
    • Article
      Lock icon New decree may stymie Russia farm reforms
      438 8 FT LONDON The Russian government has passed a decree which threatens to block privatisation of agriculture, in yet another show of force by government hardliners opposed to rapid economic reform Agriculture, currently the fcast reformed seetor of the Russian economy, is critical because
      FT  -  438 words
    • Article
      Lock icon Record deficits cloud Clinton's trade policy
      463 8 Reuter WASHINGTON Record trade deficits last year cast a shadow over US President Bill Clinton's economic policy, but administration officials say the US imbalance with the rest of the world is about to turn around. "The trade deficit is going to be less, our
      Reuter  -  463 words
    • Article, Illustration
      Lock icon Hunger in line
      70 8 Reuter SAN CRISTOBAL DE LAS CASAS, Mexico Indigenous children lining up with plates to receive their daily ration of beans in the mountains of Chiapas on Sunday. Hundreds of residents are fleeing from army troops who took over dozens of villages previously controlled by rebels of the
      Reuter  -  70 words
    • Article
      Lock icon Arab states lose massive US$12b in US investments
      322 8 AFP ABU DHABI Arab states lost nearly US$l2 billion (5517.4 billion) in their investments in the United States last year because of a decline in stocks and the dollar, a United Arab Emirates (UAE) official said. Said Al-Jarwan, director of the Sharjah
      AFP  -  322 words
    • Article
      Lock icon Pacific islands told to get more out of investments
      289 8 AFP SUVA One of the biggest challenges facing Pacific Island states was to get a better return in terms of economic growth from investment, a World Bank official told a regional finance ministers meeting here. Marianne Haug. World Bank director for
      AFP  -  289 words
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      136 words
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      217 7 i 'Vv TOWER tf ONE TEMASEK AVENUE. SINGAPORE'S NEW CENTRAL BUSINESS DISTRICT. I »v .^flP i iii«;;;:!;;!;; H9M flfl^H ai ||»|!Jf S jffßf There aren't many world class office towers T. m* > SHMIUEffi Singapore a stone's throw away from five 9 1 a a I .'fy t 5-star hotels,
      217 words
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      248 8 "BYTHE TIME ou ve developed all area.* of \/o/ir life but ,ihll can I ,*eeni to keep a good A eat) of hair. And you ve told your.'elf repeatedly '*V f thai it fu.it hereditary or wor.te .'till, W&r that there no hope! Well, ju.it .'bare a ll* moment with
      248 words
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      414 8 WiHow would you like to reduceyour operating j expenses by up to 30% in twelve months? Im Such a vision can become a reality if organisations are prepared to commit H themselves to a system of Total Quality Management. fhfa/Qua/i/yManagement leading Jhe Change 13-!sMarch /PPS 'ANA Hotel, Singapore H This
      414 words
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  • FOCUS
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      140 9 This announcement appears as a matter of record only. TAMARA BANK (INDONESIA) COOK ISLANDS BRANCH US$ 50,000,000 TERM LOAN FACILITY Arrangers AFC MERCHANT BANK ING BANK N.V. DE INDONESISCHE OVERZEESE BANK (INDOVER BANK) Co-Arrangers AMERICAN EXPRESS BANK LTD. BAYERISCHE VEREINSBANK A G.. MUNICH DEUTSCHE BANK A G. Lead Managers AMERICAN
      140 words
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      59 9 Guardian of Great Vintages 1961 Qiateau Branairc Ducru S$ 203 Chateau Giscours S$ 223 Chateau La Lagune S$ 234 Chateau Leoville Las-Cases S$ 508 Chateau Haut Brion S$ 833 Chateau Yquern S$ 614 Chateau Ausone S$ 1158 Chateau Lafite Rothschild S$ 1199 Chateau Margaux S$ 1239 Chateau Mouton Rothschild S$
      59 words
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      701 9 British-American Tobacco Company (Singapore) Limited PROFIT AND DIVIDEND ANNOUNCEMENT The Board of Directors is pleased to announce the following audited results of the Group and the Company for the year ended 31 December 1994. (SOOOs) THE GROUP THE COMPANY 1994 1993 1994 1993 A. PROFIT STATEMENT Turnover 341,819 288.975 +18
      701 words
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  • SPORTS
    • Article, Illustration
      Lock icon Kiwis score narrow win over Aussies
      705 10 America's Cup AFP SAN DIEGO, California Team New Zealand beat one Australia by only 26 seconds in a fight for first place at the America's Cup here on Monday while the struggling French saw their backup boat lose its keel and capsize. New Zealand's
      AFP  -  705 words
    • Article, Illustration
      Lock icon Chiller thriller
      76 10 Reuter TORONTO Hang on, this isn't your normal steel toboggan. It's made of concrete but the three passengers wearing football helmets for protection found it could still hurtle down snow mountains fast enough. The three, from Westminister High School in London, Ontario, were taking part in an inter-school
      Reuter  -  76 words
    • Article
      Lock icon Lillehammer success fans nationalism
      348 10 AP OSLO, Norway The tremendous success of last year's Winter Olympics in Lillehammer has convinced many Norwegians that they really are better than everyone else, researchers claimed on Monday. "People became very nationalistic or more delighted with Norway and a little more hostile towards people from
      AP  -  348 words
    • Article, Illustration
      Lock icon Rule changes can't slow down giants of basketball
      590 11 AFP WASHINGTON Rule changes cannot stop them. Opponents barely slow them. Even comparisons to past heroes cannot diminish their achievements. They are the giants of the National Basketball Association (NBA), a group of centres who have dominated the league like no other
      AFP  -  590 words
    • SPORT SHORTS
      • Article, Illustration
        Basketball
        31 11 NEW YORK NBA Monday: Cleveland 96 Miami 103; Charlotte 115 Chicago 104; Detroit 99 Sacramento 93; Milwaukee 104 Orlando 152; Seattle 105 LA Lakers 108; Golden State 98 Philadelphia 85.
        31 words
      • Article, Illustration
        Lock icon Cricket
        95 11 Reuter BRIDGETOWN, Barbados Richie Richardson will be back as West Indies' captain for the forthcoming scries against Australia in the Caribbean. The announcement by West Indies Cricket Board of Control on Monday comes after Richardson missed the recent tours of India and New Zealand because Of acute fatigue. Fast
        Reuter  -  95 words
      • Article, Illustration
        Golf
        161 11 LONDON World rankings (US unless stated): 1 Nick Price (Zim) 21.89 pts ave 2 Greg Norman (Aust) 19.68 3 Nick Faldo (GB) 16.31 4 Jose Maria Olazabal (Spn) 15.33 5 Ernie Els (SA) 15.13 6 Bcrnhard Langer (Ger) 14.83 7 Fred Couples 13.97 8 Colin Montgomeric (GB) 12.72 9
        161 words
      • Article, Illustration
        Lock icon Olympics
        130 11 Reuter SYDNEY Russia, the driving force behind the former Soviet Union's domination of post-World War II Olympic Games, has agreed to sell its sporting secrets to Australia for US$l million. Australia, host of the 2000 Olympic Games, is paying for Russian expertise in the hope of improving its medal
        Reuter  -  130 words
      • Article, Illustration
        Lock icon Rugby
        126 11 Reuter IX)IN DON Kngland prop Victor Übogu was a sadder, wiser man on Monday despite scoring the first try in Saturday's 23-9 Five Nations victory over Wales in Cardiff. Übogu. a director of a security firm, revealed after the match he stood to collect £1.800 having bet £100 at
        Reuter  -  126 words
      • Article, Illustration
        Lock icon Soccer
        75 11 AP TAURANGA, New Zealand New Zealand scored twice in the opening five minutes yesterday night and went on to defeat Singapore 3-0 in an exhibition international at Mount Maunganui Stadium. Mark Elrick and Simon Elliott put the New Zealandcrs in command with early goals and Darren McClennan netted in
        AP  -  75 words
      • Article, Illustration
        Tennis
        138 11 STUTTGART, Germany US$2.2 million Stuttgart Grand Prix Ist rd Monday: Bcrnd Karbachcr (Ger) b Jason Stoltenberg (Aust) 6-4 6-1; Thomas Muster (Aus) b Andrea Gaudenzi (Ita) 6-2 5-1, Gaudenzi retired; David Wheaton (US) b Javier Sanchez (Spn) 6-4 7-5; 4-Alberto Berasategui (Spn) b Olivier Dclaitre (Fra) 4-6 6-3 6-4;
        138 words
      • Article, Illustration
        Yachting
        119 11 SAN DIEGO America's Cup 3rd rd Monday I >ouis Vuitton Cup Challenger series: Tag Meuer Challenge (Chris Dickson) b Sydney 95 (Syd Fischer) by 4 mins 7 sees; Team New Zealand (Peter Blake) b One Australia (John Bcrtrand) by 26 see; Francc 3 (Marc Pajot) b Rioja de Espana
        119 words
    • Article
      Lock icon Tyson may walk free today
      735 11 Who will Tyson fight, and how soon? Dave Anderson reports NYT NEW YORK Mike Tyson will be waiting today for the word that he's finally free to walk out of the Indiana Youth Centre. That's a possibility, a very good one." Don King was saying
      NYT  -  735 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      470 10 BUSINES S T I M E S TOLL-FREE TEL. No. 1-80Q-741-1883' FAX: 741-1298 BE AT THE HELM WNEWMMTERS^ General Manager I (Chief Operation Officer) I Attractive Remuneration Package I Expatriate Benefits I Location Jakarta, Indonesia I MCS ***** I Our client, an outstanding media company in Indonesia I producing well
      470 words
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      Page 10 Advertisements Column 2
      256 10 SINGAPORE INFORMATICS Asia's #1 Information Technology Marketplace for Resellers and Corporate Decision Makers 26 28 October 1995 Singapore International Exhibition Convention Centre Singapore COMDEX/Asia at Singapore Informatics '95 expands on the regional status of Singapore Informatics by joining forces with COMDEX to establish itself as 4Cf the distribution and sourcing
      256 words
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      Page 11 Advertisements Column 1
      459 11 LIFESTYLE JSL EXCLUSIVE (Experience 120 years ofl 4 I I AaDfc«AI»S«6-CT V 1 JUtf watc n making /T\ tradition a {%Bßr Audemars Piquet Museum a^ee Joux in the Swiss Jura, some 50 km north of Top Prize: A fascinating SD/4N trip to Switzerland for two by /^@s&ESnjfev Geneva, is the
      459 words
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      Page 12 Advertisements Column 1
      1311 12 Null king Beats A Bud. HfcV/jfl WHERE TO WINE, DINE AND ENTERTAIN OF SS' gHpmteookid i 10 Varieties of Pasta 20 different sauces V v g*! liH And all-time Italian favourites A antipasti, pizza and puccia. I PASTA FRESCA DA SALVATOftE PTE LTD •30 Boat Quay, S(0104) (Open 24 hours).
      1,311 words
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  • LIFESTYLE
    • Article, Illustration
      Ferry puts a spell on us
      639 13  -  Gone was the trademark suit. But even in jeans, the singer still turned on a typically stylish show, writes Shahiron Sahari Shahiron Sahari THE Harbour Pavilion on Monday night was probably like your average dancehall in London a standing, dancing crowd awash in fancy,
      639 words
    • Article, Illustration
      A tour of the human condition
      528 13  -  Poet Adrian Mitchell's verse is genuinely moving without being maudlin, writes Kevin Sullivan Kevin Sullivan Adrian mitchell is one of a handful of British poets whose name is known outside universities and the minuscule subscription lists of literary magazines. He has been a public
      528 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      290 13 WHERE TO WINE, DINE AND ENTERTAIN (Eatrnlftll jsteak Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1150+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 KARAOKE: It's Performance Time Join the
      290 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      304 13 I CRYPTIC CROSSWORD 5 There's some point to a 3 IB^ flower festival (6) —^ii 8 Though a drinker, the driver should imbibe nothing Id 13 Left some absorbed in a legal HHiB ~MB" 15 document 14 A revolutionary art ~~|HV the bar most evenings (3) r^l^ 19 A retired
      304 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      976 13 I TV RADIO rMN ill ill %3 > I pfflgMUp 4 >■ i 2 Jim Hen son's Animal Show, 7pm, In this episode of the children's |Bn programme. Stinky the skunk and Jake the polar bear introduce their guest stars Arlenc J>V V B the Aardvark, whose diet conants termites,
      976 words
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  • Article
    Tokyo's Apec signals look good
    504 14 •> HE FIRST significant meeting of the Asia- Pacific Economic Cooperation (Apec) forum this year took place last week in Fukuoka, Japan. Senior officials met to lay the groundwork for this year's Apec process. This will culminate in the third Apec summit in Osaka in
    504 words
  • Article
    The binge must stop
    343 14 SINGAPORE'S ample reserves and pool of savings have bccome almost as impressive as its economic success. But the reserves of some $80 billion, accumulated over 30 years of hard work and thrift, and a savings rate which sees 47 cents of every dollar earned being squirrelled
    343 words
  • Article
    Mutual benefits in store
    113 14 PRESIDENT Ong Teng Cheong's visit to the Philippines is more than just symbolic. It reflects Singapore's desire to take already good relations to a higher level. Although Singapore and the Philippines do not have traditional links, leaders of both countries have been visiting each other more
    113 words
  • Article
    Strong car demand despite curbs
    143 14 THE PROPOSALS by the Committee to Discourage Double Transfers should be effective in curbing speculation, which has had a great impact on COE prices. But wc should not presume that no other forms of speculation will emerge. It is even harder to predict whether COE
    143 words
  • Article
    Keep sprinting to 2020
    159 14 MALAYSIA'S success to date is nothing if not indisputable. The growth of heavy industries, spearheaded by the first national car, is fast snowballing a process testified to by the nation's successful steelworks. To add glamour to an already quite magnificent achievement is the Malaysian luxury sports
    159 words
  • Article
    Check land reform abuse
    154 14 THE GOVERNMENTS decentralisation efforts seem to have gone astray of late. It started with the plan to decentralise the budgeting of local authorities to give them more autonomy, liien came the political crisis over the power of the Tambon Council, which led to the New Aspiration
    154 words
  • Article
    Tell us the whole story
    136 14 THOSE IN CHINA who waited anxiously for news of disgraced Shougang (Holdings) Hongkong chairman Zhou Beifang on the 7pm national television news yesterday were disappointed. So were those who rushed to the news-stands this morning to read about the affair after word of Zhou's arrest
    136 words
  • Article, Illustration
    Saving a party bent on self-destruction
    1025 14  -  John Major is finding it difficult keeping the Tories focused on tackling present problems rather than fighting battles of the future, says Neville Stack Neville Stack The writer is a political commentator based in London. He writes regularly for BT TOMORROW'S battles are being
    1,025 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      301 14 I JHE SHOW THAT GIVES YOUR P JUSINESS CENTRE STAGE. looking to network, and want a larger base, don't miss SIBEX, SIBS AIHEX. MffPC (jET READY FOR BBS THE BUILD,NG |M Hr WEEK SIBEX S,BS and Three shows now rolled into one. LIfSL II The region's biggest Building and Construction
      301 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      98 14 DOfSfLl ,T ol /NOT <SPOO<fM-LS We VAEPC.D lT f\LL) Do I H£/NR OORReci>/?\ V&oTV-fee VCO J Orrcr-ce j7 Do mR .rvjOGCCAu.you iMcomPtre>rr; I y il .--SC. D AMOCtATVO NfMHMIU LTD, IM2-IM* 9361 I POONESBURY GARRY TRUDEAU WS SEE.HRST THEN I ENTER MY fy&s- To-AJI readers. I II I CALL UP
      98 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Robust growth with high inflation again
      1218 15  -  Special to BT ECONOMIC OUTLOOK 95 Spotlight on CHINA in BT's country-by-country assessment of regional economies JOHN WONG JOHN WONG Prof M'ong is director of the Singapore-based Institute of East Asian Political Economy CHINA notched up 13 per cent economic growth in 1992 and
      1,218 words
    • Article, Illustration
      Mixed investment prospects
      1093 15  -  SCHUTZ LEE SCHUTZ LEE The writer is a BT journalist specialising in China affairs IT HAS BEEN raining dismal news on the foreign investors' parade in China lately. Not only did Beijing remove tax privileges accorded foreign investors, but renewed measures to fight inflation mean that Chinese
      1,093 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      310 15 f Find out today if your hair aria scalp condition cm benefitfrom this v V. remarkable f new procedure. Call for a free professional examination today to see if your present hair and scalp condition can benefit from the amazing TOTAL HAIR RESTORATION procedure. It's real natural hair, it's everlasting,
      310 words
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  • Article
    Lock icon US, Mexico agree on terms of US$20b rescue package
    590 16 AP, Bloomberg Business News WASHINGTON The United States and Mexico have agreed on the terms for a US$2O billion (Ss29 billion) rescue package for the cashstrapped Mexican economy, officials said yesterday. The agreement met US demands that Mexico pledge to make
    AP,; Bloomberg Business News  -  590 words
  • Article, Illustration
    Lock icon US heartened by China's copyright actions, but says piracy still rampant
    414 16 Reuter, Xinhua BEIJING Deputy US Trade Representative Charlene Barshefsky yesterday said Washington had been heartened by Chinese actions to crack down on intellectual property rights violations but piracy remained rampant. Arriving in Beijing to add weight to ongoing talks
    Reuter,; Xinhua; Reuter  -  414 words
  • Article
    Lock icon China may raise penalty for corporate crimes
    148 16 AFP. Reuter BEIJING China's parliament is to consider increasing the maximum penalty for violators of the corporate law from three to five years in prison in a bid to clamp down on widespread abuses, Xinhua news agency reported yesterday. A draft decision on
    AFP.; Reuter  -  148 words
  • Article
    Lock icon US protests to Thai govt over airport contract selection
    287 16 Bloomberg Business News BANGKOK US Secretary of Commerce Ronald Brown has lodged a complaint with the Thai government on behalf of a design group claiming unfair treatment in bidding for a contract on Bangkok's second airport. The complaint was made in
    Bloomberg Business News  -  287 words
  • Article
    Lock icon Fed must be prepared to cut rates to prevent recession: Blinder
    192 16 Reuter NEW YORK United States Federal Reserve vice-chairman Alan Blinder says the central bank is "close" to success in its fight against inflation and must be prepared for interest rate cuts to prevent recession. The Wall Street Journal yesterday
    Reuter  -  192 words
  • Article
    Lock icon Disappointing, irritating, so Russian TV bans all ads
    368 16 AP MOSCOW Russian state television has announced a temporary ban on all commercials, calling ads "a source of irritation and disappointment", officials said yesterday. The first commercials aired here only a couple of years ago, but many viewers are already fed up.
    AP  -  368 words
  • Article
    Lock icon Experts support idea of North Atlantic free trade pact
    457 16 AFP PARIS Free trade across the North Atlantic could end tension and trade-war threats between the 15-nation European Union (EU) and North America and help further free up worldwide trade and investment, international trade experts said during the weekend. For Japan
    AFP  -  457 words
  • Article, Illustration
    Time is right to form global investment laws
    627 16  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, where this commentary first appeared NOW THAT a new set of rules has been put in place for world trade, it is time to do
    627 words
  • Article
    Lock icon European central bankers discuss dollar's weakness
    360 16 Bloomberg Business News LONDON European central banks discussed the dollar's weakness yesterday during their daily telephone conference call, an official for one of the banks said. There has been recent speculation, with the dollar at a two-year low against the German mark and near
    Bloomberg Business News  -  360 words
  • Article
    Lock icon Suharto wants study on electoral reforms, army's role in politics
    224 16 AFP, Reuter JAKARTA President Suharto has asked the Indonesian Science Institute (Lipi) to suggest electoral reforms and study the military's role in politics. State Secretary Murdiono yesterday said legislators and others were debating the issue and that some people had
    AFP,; Reuter  -  224 words
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  • COMPANIES & MARKETS
    • Article
      Wing Tai raising $250m to finance property projects
      408 17  -  By Lilian Ang SINGAPORE Listed Wing Tai Holdings plans to raise $250 million to finance its property development projects in Singapore, and for working capital. The diversified garment group said on Monday that the funds would comprise $100 million in unsecured floating
      408 words
    • Article, Illustration
      Nomura sees US interest rate rising to between 7-8% by year-end
      310 17  -  By R Sivanithy SINGAPORE The shortterm US interest rate could rise from its present 6 per cent to between 7 and 8 per cent by the end of this year, thus creating a bearish backdrop for world equities markets
      310 words
    • Article
      BAT posts 15% rise in earnings to $41.5m
      285 17 SINGAPORE BritishAmerican Tobacco Company (Singapore) yesterday reported a 15 per cent rise in group net earnings, buoyed by continued improvement in contract manufacturing activities, increased exports and ofTshore trading business. The results would have been better were it not for a weak
      285 words
    • Article
      Why are Wee Sin Tho and partners zooming in on Goodman Fielder Asia?
      893 17  -  HOCK LOCK SIEW By Amy Balan SINGAPORE At last! Something to stir Singapore's rather staid corporate scene. A good, old-fashioned takeover and more. Thanks to a stellar cast, the takeover of Goodman Fielder Asia (GFA), announced last
      893 words
    • Article
      DBS Bank unit takes majority stake in broking firm in India
      298 17  -  By Shiv Taneja SINGAPORE DBS Securities Holdings Pte Ltd. which is wholly-owned by listed DBS Bank, has taken a majority stake in a joint-venture stockbroking company in India. According to a Reuters report yesterday quoting an Indian government ofTicial
      298 words
    • Article
      DBS Land rakes in $191m with 93.5% of 'B' warrants exercised
      164 17 SINGAPORE DBS Land said yesterday that 93.5 per cent of its volatile *B' warrants had been exercised, giving the property firm a cash injection of about $191.5 million. In a statement to the Stock Exchange of Singapore, it said
      164 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        46 17 Weak '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 Can and SG Warburg.
        46 words
      • Article, Illustration
        HOT STOCK
        125 17  -  Paul Leo NOL closed at $1.87, down 43 per cent from $3.26 early last year. It is likely to hover around current levels in the short term and then stage a rally towards $2.40 in the next Few months. Daily and weekly Relative Strength Indices are neutral but
        125 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Goldtron gets SES nod on issue
          44 18 SINGAPORE The Stock Exchange of Singapore has given in-principle approval to Goldtron Ltd for the listing and quotation of its proposed issue of $70 million unsecured convertible bonds. The five-year bonds bear a coupon of 6.75 per cent.
          44 words
        • Article
          Listing go-ahead for Tibs bonds
          61 18 SINGAPORE Tibs Holdings has been given in-principle approval by the Stock Exchange of Singapore for the listing and quotation of its five-year $40 million bonds with 13,711,308 detachable warrants. The warrants will be offered for sale by DBS Bank on a renounceable preferential basis of
          61 words
        • Article
          Thumbs-up for Causeway share sale
          41 18 SINGAPORE Shareholders of Causeway Investment have voted for the sale of the company's one million shares of 1 each in the capital of its subsidiary, Phoenix Book Binding, to Aquiline Resources, Gedong Properties and Dharmala International.
          41 words
        • Article
          Clipsal (M) sells PWE shares
          83 18 SINGAPORE Clipsa! (Malaysia) Sdn Bhd, a subsidiary of Clipsal Industries (Holdings), has sold 519,00 shares held in PWE Industries Bhd, a company listed on the second board of the Kuala Lumpur Stock Exchange. The shares were sold at an average price of M 58.7275 each
          83 words
        • Article
          Informatics in Indonesia franchise deal
          71 18 SINGAPORE Sesdaq-listed Informatics Holdings and PT Rig Tenders Indonesia, a listed company in Indonesia and an associate of Chuan Hup Holdings, Singapore, have signed a joint-ven-ture agreement to franchise training centres for information technology in Indonesia. Informatics will hold a 60 per cent equity stake
          71 words
        • Article
          Lock icon KIG Glass plans two factories
          69 18 Reuter KUALA LUMPUR KIG Glass Industrial Bhd plans to build a new carton box plant and another glass factory this year at a total cost of about Ms6o million (Ss34 million). A KIG statement said production volume at the new carton box factory will be
          Reuter  -  69 words
        • Article
          Lock icon Third plant for Hasu Holdings' unit
          59 18 Bernama KUALA TERENGGANU Wire harness manufacturer Hasu Industries Sdn Bhd (Hasu), a subsidiary of Hasu Holdings Bhd now seeking a listing on the second board of the Kuala Lumpur Stock Exchange, will spend about Mss million (Ss2.B million) to build a new factory, its
          Bernama  -  59 words
        • Article
          Lock icon Food group RFM in rights bid
          60 18 AFP MANILA Food and beverage group RFM Corp yesterday sought government approval to make a rights offer of up to three billion pesos (S$ 174 million) to raise funds to diversify into other product lines. RFM said it planned to sell between 10 per
          AFP  -  60 words
      • Article
        Magnum seeks court's help as Sabah betting scene turns ugly
        485 18  -  From Ho Kay Tat in KUALA LUMPUR THE gaming business in Sabah is turning ugly, with Magnum Corp announcing that it was taking legal action against the Sandakan Turf Club (STC) after it claimed to have been shut out of
        485 words
      • Article, Illustration
        Lock icon Daimler Benz seeks govt nod to make its SDRs more attractive
        410 18  -  By Chew Farn Chyi SINGAPORE Industrial giant Daimler Benz has approached the Finance Ministry about listing its Singapore Depositaty Receipts in local currency instead of US dollars and reducing the number of common shares in each SDR to make
        Photo by Arthur Lee  -  410 words
      • Article
        Lock icon Proton in electric vehicle joint venture
        167 18 Bernama KUALA LUMPUR Perusahaan Otomobil Nasional Bhd (Proton) has formed a joint venture company with UMW Corporation Sdn Bhd and US Electricar Inc to make and assemble electric vehicles in Malaysia. Malaysian Electric Vehicles Sdn Bhd (MEV) will have an authorised capital of 20
        Bernama  -  167 words
      • Article
        Untitled
        521 18 MaMgNt' prfeM Feb 22 US Gr Fund IXX) 104" Unit Trust UOB Asset Mgt Ltd The Commerce I 60 1.69 Unifund 1.33 1.41 The Savinp Fund 1.32 1.61 Uaiboad-'- 1.013 1045 Sjporc Prof Fund 0.58 0.62 United Gr Fund! 1.36 1.63 £pore See Fund 0.94 00 United Asia Fund 1.31
        521 words
      • Article
        Lock icon 3 KL listed firms deny issuing press statements
        181 18 Bernama KUALA LUMPUR Three publicly listed companies queried by the Kuala Lumpur Stock Exchange under its corporate disclosure policy concerning their investments or corporate moves have denied issuing statements to the press. Tenaga Nasional Bhd (TNB), when queried over reports that it
        Bernama  -  181 words
      • Article
        Salomon upbeat about Keppel units in Philippines
        198 18 SINGAPORE Investment bank Salomon Brothers recommended yesterday that investors buy into Keppel Corp's three listed Philippine units, saying they would turn in strong performances this year and next. In a research report entitled "Keppel Philippines Fundamentally Attractive", Salomon recommended Keppel Philippines Holdings, Kepphil
        198 words
      • Article
        NBT sets sights on new deal to make up for Sabah snag
        362 18  -  From Ruth Wong in KUALA LUMPUR NORTH Borneo Timbers is trying to stitch together another deal before lifting the suspension of its shares following the rejection of its proposal to buy Sabah Softwoods and 100,000 ha of land
        362 words
      • Article
        Elec & Eltek posts 32% earnings jump to $17m
        295 18  - Elec Eltek posts 32% earnings jump to $17m By Claire Leow SINGAPORE Mainboardlisted Elec Eltek yesterday announced a 32 per cent rise in net earnings to S$ 17.1 million for the interim period ended Dec 31, 1994, compared with the previous interim results. The electronic components supplier's turnover rose 21
        295 words
      • COMPANY BRIEFS
        • Article
          Lock icon Semi-Tech to buy into Akai
          88 20 Bloomberg Business News HONGKONG Semi-Tech (Global) Co Ltd said shareholders in Akai Electric Co approved Semi-Tech's plan to buy a controlling stake in the Japanese consumer electronics company. Shareholders approved the plan by an "overwhelming majority" and the purchase will be completed today, Semi-Tech Global
          Bloomberg Business News  -  88 words
        • Article
          Lock icon Bombay bourse to halt Reliance trading
          71 20 Bloomberg Business News BOMBAY The Bombay Stock Exchange will halt trading for a day in Reliance Industries Ltd, India's largest private company, Indian newspapers said yesterday. The exchange has not said when the suspension will take place. The exchange says Reliance didn't declare a
          Bloomberg Business News  -  71 words
        • Article
          Lock icon Lianyuan Iron & Steel B shares
          85 20 Lianyuan Iron Steel B shares Reuter SHANGHAI Lianyuan Iron and Steel in China's central province of Hunan has won approval from securities authorities to issue 150 million B shares, the People's Daily reported on Monday. It said all the proceeds will be used to expand the company's steel production. It
          Reuter  -  85 words
        • Article
          Lock icon Quake costs Mitsubishi Elec 20b yen
          45 20 Bloomberg Business News TOKYO Mitsubishi Electric Corp yesterday said the earthquake will cost it about 20 billion yen (SS29B million). Mitsubishi must spend 10 billion yen repairing the company's five factories and two research and development centres. Bloomberg Busi-
          Bloomberg Business News  -  45 words
      • Article
        Lock icon Smith Barney closing investment banking business in HK
        373 20 Bloomberg Business News HONGKONG Fewer than 18 months after opening a Hongkong office. Smith Barney is eliminating 25, mostly senior, corporate finance jobs and effectively shutting the firm's Hongkong investment banking business. "A number of staff, including all the key officers, will
        Bloomberg Business News  -  373 words
      • Article
        Lock icon Taiwan's China Steel to offer 1.44 billion shares in March
        431 20 Reuter TAIPEI In the biggest offer in Taiwan's history, state-run China Steel Corp will accept applications for NTS3O.B billion (S$ 1.7 billion) worth of shares in early March. An Economics Ministry official yesterday said lead underwriter Core Pacific Securities will
        Reuter  -  431 words
      • Article, Illustration
        Lock icon Disputes delay Gordon Wu's power plant project in Pakistan
        343 20 Reuter KARACHI, Pakistan Plans by Hongkong-based entrepreneur Gordon Wu to build an US$B billion (S$ 11.6 billion) power plant in Pakistan have been delayed by disputes over location and the use of imported coal, Pakistani officials said yesterday. They said they
        Reuter  -  343 words
      • Article
        Lock icon Carr, Peregrine sell warrants on HK property developers
        483 20 Bloomberg Business News HONGKONG Investment banks yesterday sold warrants holding out the promise of big gains on shares in two of Hongkong's biggest property developers, providing fresh evidence the territory's warrant market is reviving. In a bid to cash in on renewed
        Bloomberg Business News  -  483 words
      • Article
        Lock icon SSI China Enterprises to raise A$11m through Aussie listing
        215 20 Bloomberg Business News SYDNEY SSI China Enterprises Ltd, a company which has joint venture agreements with the Chinese government, yesterday said it will seek A$ 10.92 million (SSII.B million) in a stock exchange listing in Australia. Just under half the company's
        Bloomberg Business News  -  215 words
      • Article
        Lock icon Microsoft trains China software experts to build up loyalty
        377 20 Reuter BEIJING United States giant Microsoft Corp yesterday launched a multi-million-dollar scheme to train 2,500 Chinese software experts, scrambling for manpower to promote its global networking strategy in China. Executives see the cultivation of Microsoft specialists as crucial to both sides
        Reuter  -  377 words
      • Article
        Lock icon Matsushita income soars on brisk electronics sales
        462 21 Reuter TOKYO Brisk sales of home appliances, communications equipment and electronic components fuelled a big jump in Matsushita Electric Industrial Co Ltd's group profits in the October-December quarter of 1994. The electronics giant said yesterday that group net profit in the period surged
        Reuter  -  462 words
      • Article, Illustration
        Lock icon Black stakes claim for control of Fairfax
        456 21 Aussie govt urged to amend media ownership rules Reuter CANBERRA Canadian media baron Conrad Black staked his claim for control of Australia's richest media company yesterday with his deputy calling on the government to amend rules limiting his current holding. Mr Black's deputy
        Reuter  -  456 words
      • Article
        Lock icon Surge in sales, cost cuts boost TDK profit
        375 21 Bloomberg Business News TOKYO Video tapemaker TDK Corp said a pick-up in sales and cost-cutting measures helped profits surge in the three months ended December 1994. TDK posted a rise in group net profit for the period of 145 per cent to
        Bloomberg Business News  -  375 words
      • Article
        Lock icon Unilever's profit up 24% as earnings in US rise
        201 21 Bloomberg Business News LONDON Unilever pic, the Anglo-Dutch food and household goods company, yesterday said pre-tax profit for 1994 rose to £2.38 billion (555.46 billion) as earnings in the US rose. That's up 24 per cent from a year earlier, thanks
        Bloomberg Business News  -  201 words
      • Article
        Lock icon Tokyo securities watchdog raids home of software firm head
        343 21 NYT TOKYO Japan's securities watchdog yesterday raided the home of the president of the bankrupt Tokyo software developer TSD in a search for evidence that he and other executives tried to drive up the company's stock price by misleading the public
        NYT  -  343 words
    • FINANCE & COMMODITIES
      • Article
        UOB gets nod to upgrade Viet rep office to a branch
        349 22  -  By Paul Leo UNITED Overseas Bank will be the first Singapore bank to set up a branch in Vietnam. The UOB group said yesterday it has received in-prin-ciple approval from the Vietnamese authorities to upgrade its representative office in
        349 words
      • Article, Illustration
        Lock icon That touch of gold
        50 22 Reuter LOZL', Japan A jewellery factory worker in Uozu village, central Japan, adding final touches to gold chains. The factory, nestled in a small fishing village along the Japan sea coast, is the world's largest producer of platinum jewellery and the second largest in gold. Reuter
        Reuter  -  50 words
      • Article
        Lock icon HSBC most profitable foreign bank in Shanghai
        294 22 AFP SHANGHAI Hongkong and Shanghai Banking Corp (HSBC) has emerged as the most profitable foreign financial institution in Shanghai, while Standard Chartered Bank is tops in terms of assets,, according to a central bank ranking. The ranking table obtained vesterdav showed the Bank
        AFP  -  294 words
      • SMALL CHANGE
        • Article
          Lock icon Natwest pre-tax profits soar 61%
          62 22 Reuter LONDON National Westminster Bank pie said yesterday its pre-tax profit surged to £1.59 billion (553.7 billion) in 1994 from £989 million the previous year, helped by a substantial reduction in bad debt provisions. The bank said all its sectors delivered strong performances and the
          Reuter  -  62 words
        • Article
          Lock icon Stanchart's HK treasury head quits
          61 22 Bloomberg Business News HONGKONG lam Ping-shing, the head of Hongkong treasury operations at Standard Chartered pic. resigned after a clash with management over costs and profit, the Eastern Express said yesterday. Mr lam. who is the Hongkong Forex Club president, left the London-based bank last
          Bloomberg Business News  -  61 words
        • Article
          Lock icon Milken fund pays Southmark US$26m
          61 22 Bloomberg Business News DALLAS Southmark Corp on Monday said it has received a U5526.5 million (5538.4 million) initial payment toward the US$2BB million it claims to be owed by Michael Milken and others at the now-defunct Drexel Burnham Lambert Inc junk bond brokerage. The U5526.5
          Bloomberg Business News  -  61 words
        • Article
          Lock icon HKBank beefs up Thai operations
          51 22 Reuter HONGKONG Hongkongßank yesterday said it had been awarded licences to open two provincial international banking facilities in Thailand to supplement its branch in Bangkok. Under Thailand's central bank guidelines, the two facilities would be allowed to lend a minimum of US$5OO,OOO (*****.000) per transaction.
          Reuter  -  51 words
      • Article
        Lock icon Lloyds pays 20% premium in £1.8b C&G bid
        339 22 Reuter LONDON Lloyds Bank pic's 1.8 billion (Ss4.l billion) bid for Cheltenham Gloucester Building Society values it at more than 20 per cent over any likely stock market flotation, C&G said on Monday. As part of the deal, C&G will also take
        Reuter  -  339 words
      • Article
        Lock icon Pakistan coal pits undermined by competition, taxes
        288 22 Reuter KARACHI Century-old coal mines in Pakistan's southwestern province of Balochistan face ruin from competition and taxes, officials and mine owners said. More than half the province's 200 mines have been shut for more than three months and the rest are operating partially
        Reuter  -  288 words
      • Article
        Simex delays Brent Crude options
        306 22  -  By Paul Leo SINGAPORE The Singapore International Monetary Exchange (Simex) hopes to launch options trading on Brent Crude this year. Simex President Ang Swee Tian said yesterday the agreement with the International Petroleum Exchange required Simex to launch options and futures contracts on June 9.
        306 words
      • Article
        Asian light products steady
        307 22 cNBfCY SINGAPORE Prices for light refined products in East Asia were mixed, with petrol little changed as hopes that China would begin buying in greater quantities were offset by the prospect of more supply from Europe. Petrol traders said there was no clear direction in the
        307 words
      • Article
        Lock icon LONDON
        195 22 Reuter LONDON The dollar drifted lower in Europe despite its overnight rebound as the German currency flexed its muscles again in the ERM crosses, dealers said. The dollar started the day one pfennig higher but it quickly lost steam once the mark crosses started to climb. The lira hit
        Reuter  -  195 words
      • Article
        Lock icon NEW YORK
        102 22 AFP NEW YORK The dollar rose briefly yesterday on the news that US and Mexican negotiators reached agreement on terms of a peso bailout plan, but the greenback gave back some of the gains due to strong German mark trading. Around 9:50 am (1450 GMT) the dollar cost
        AFP  -  102 words
      • Article, Illustration
        Untitled
        1456 22 I raJr urtghinJ index calculated agamtl S'parra lap 14 trading partners Base year 198! US$/S$ forward rates Noon /Feb 21 s$ BU Oder 1-month 1.4471 144*6 2-month ***** ***** 3-month ***** 1.4414 6-month 1.4314 1.4334 Source: OCBC FOREIGN CURRENCY NOTE RATES As at m F«k 21 Singapore dollars to oae
        1,456 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollars end mixed
        1378 23 OMwy DCDTkiyr aimcA wwf Reuter SINGAPORE Simex Euroyen and Eurodollar futures ended a quiet session mixed with few new incentives to steer the markets. Despite a rise on the Nikkei cash index, Euroyen futures were stuck in narrow range. Dealers said the rise in stocks was
        Reuter  -  1,378 words
      • Article
        Tin finishes 13 sen higher
        648 23 COMMODITY REPORTS Kl Tht THE tin price on the Kuala Lumpur Tin Market finished 13 sen higher to M 513.82 per kg in tandem with the steadier performance on the London Metal Exchange overnight. On the LME, three-month tin added US$lO to close at U555,780
        648 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Malaysia growers' palm oil sales rise
          60 23 KUALA LUMPUR Malaysia plantations' sales of raw palm oil in the cash market rose yesterday ahead of the Muslim end-of-Ramadan holiday in early March. On Monday, sales totalled 7,460 tonnes, up from 1,550 on Friday, according to data from the Malaysian Oil Palm Growers'
          60 words
        • Article
          Indian firm hikes aluminium output
          62 23 NEW DELHI State-run National Aluminium Co Ltd is aiming to raise its annual aluminium metal output to 230,000 tonnes by fiscal 1996-97 (April-Mar), from 195,000 tonnes in fiscal 1993-94, a company spokesman said. Production will rise because the nation's biggest aluminium and alumina producer is
          62 words
        • Article
          Indonesia's crude palm oil exports up
          90 23 SINGAPORE Indonesia's crude palm oil ex- ports edged up in 1994 to 1.374,406 tonnes despiti the start of export tariffs on Sep 1, the Bisni Indonesia said yesterday. The tariffs are between 4( and 75 per cent and aimed at cutting exports so a?
          90 words
        • Article
          Japan smelter restarts zinc output
          102 23 TOKYO Production of special high-grade zini at the Hachinohe smelter in northern Japan's Aomori prefecture has resumed more than two months after an earthquake severely damaged refining line at the plant, according to a spokesman The 108,000-tonne capacity smelter, 40 per cen 1 owned by
          102 words
    • Article
      COMMODITY PRICES
      1406 23 Rubber Singapore Commodity Exchange (futures dMlitg as at 5.30*«) WSS 1 C—tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 95 I I 252.00 475 Apr 250.50 1875 May 250.00 250.00 249.50 100 2350 Jun 249.50 249.50 248.50 100 2100 Jul/Sep 247.50 1200 8175
      1,406 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1066 24 +4.5 Improved company profit results sparked heavy trading in selected stocks yesterday, pushing the Australian share market to a firmer close on otherwise moderate volume. The key All Ordinaries Index closed 4.5 points, or 0.24 per cent, up at 1.857.7, while the All Industrials Index rose 9.8 points to
        1,066 words
      • Article
        Manila
        592 24 +0.51 Philippine share prices moved sideways yesterday with punters dominating the market, analysts said. The Philippine Stock Exchange Index edged up fractionally by 0.51 points at 2,590.36 points, with declines outnumbering advances 52 to 21 in the broad market with 52 issues unchanged. Volume fell 20.32 per cent to
        592 words
      • Article
        Seoul
        439 24 -11.48 Share prices on the Korea Stock Exchange plunged yesterday after investors lost buying sentiment with no visible market-boosting measures by the government, brokers said. The Composite Price Index shed 11.48 points to close at 917.75 points. Trading volume was thin with 20 million shares worth 390 billion won
        439 words
      • Article
        Taipei
        584 24 +20.06 The Taipei bourse yesterday registered a marginal gain in dull trading, buoyed by good performances of textile and cement shares, dealers said. The 423-issue Weighted Price Index on the Taiwan Stock Exchange advanced 20.06 points, or 0.3 per cent, to settle at 6,633.03 points, following a 37.32-point drop
        584 words
      • Article
        New Zealand
        282 24 -7.54 Shares slipped as fund managers turned their attention to a major investment seminar in Auckland and investors waited for today's profit report from major forestry group Fletcher Challenge Ltd. Humphrey Sherratt. a trader at Jordan Sandman Were, said trading was light because US markets were closed for
        282 words
      • Article
        Bombay
        135 24 -75.9 Share prices tumbled further on the Bombay Stock Exchange (BSE) yesterday on heavy selling pressure, pushing the key bluechip barometer to the year's low. The 30-share BSE Sensitive Index lost 75.9 points to close at 3,280.83 points the lowest since the start of the year. "There are hardly
        135 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        698 24 Britannia Funds Sierlinf Cash Bid Offer Mim Cap Deposit 38 MOO 38 6500 Mim Jeney Gih 0.1*9} 01W2 Mim Ma> Income 0.9100 ***** I SS Cask Incomc Plus Fund *9 4500 *9 9*00 PS Reserve Fund 5 4000 5 4100 Slffliif h <niit> Furo Performance 0 4592 0 49 <8
        698 words
      • Article
        London
        652 24 +4.8 The London stock market rose slightly yesterday as the Footsie Index tacked on 4.8 points or 0.1 per cent to end at 3,023.4 points. The number of shares traded was among the lowest this year, with 434 million shares changing hands by 4:30 pm, according to Bloomberg analytics.
        652 words
      • Article
        Paris
        136 24 +3.38 French shares ended slightly higher on renewed dollar strength, mainly against the German mark which suffers from the prospect of strikes for pay rises, dealers said. The share gains were posted despite an earlier setback when an opinion poll showed Socialist Party candidate Lionel Jospin tor the first
        136 words
      • Article
        Frankfurt
        180 24 -0.21 pc The stock market slipped yesterday in light trading as the DAX Index finished at 2,097.04 points, down 0.21 per cent from the Monday close. Traders said stock prices had been depressed by the dollar's weakness, the bond market's drop and a strike threat in the key metal
        180 words
      • Article
        Stockholm
        114 24 +3.86 Swedish stocks rose for the second day as Volvo shares rose on speculation it is close to selling a unit, and lower-than-cxpected con-sumer-price figures for January reduced the odds of an official interest-rate rise. The benchmark OMX Index of 30 leading Swedish shares rose 3.86 points, or 0.33
        114 words
      • Article
        Brussels
        138 24 -5.78 Belgian stocks fell for the fourth day with the weakness of the dollar reducing the earnings outlook for companies with US activities. Disappointing 1994 company earnings and a rise in bond yields contributed to the decline, analysts said. The Bel 20 Index dropped 5.78 points, or 0.43 per
        138 words
      • Article
        Milan
        124 24 -166 Italy's benchmark stock index fell to its lowest since Jan 13, pushed down by a combination of political concerns, a higher inflation rate and a weak lira. The Milan Mibtel Index closed 166 points, or 1.6 per cent, lower at 10,262. just above its intraday low of 10,218.
        124 words
      • Article
        Amsterdam
        238 24 +0.09 Dutch stocks closed mixed as Unilever NV and Poly Gram NV earnings were in line with expectations and the weak dollar threatened exporters' profits. The Amsterdam EOE Index closed 0.09 point, or 0.02 per cent higher at 410.12 points. Of the 25 index shares, 14 advanced, eight declined
        238 words
      • Article
        Zurich
        269 24 +6.97 Swiss stocks rose, with investors buying Union Bank of Switzerland and industrial companies expected to benefit from economic recovery. A steady dollar also boosted the shares of Roche Molding and Nestle SA. the most heavily weighted Swiss stocks, which both have large US operations. The Swiss Market Index
        269 words
      • Article
        Johannesburg
        286 24 10.2 South African shares ended mixed as a firm financial rand outweighed improved sentiment from renewed gold price gains. Traders said the market continued to struggle for direction amid a lack of interest, especially from offshore players. The Overall Index ended 5.9 points down to 5,101.8, Industrial Index 10.2
        286 words
      • Article
        Toronto
        372 24 -5.60 Canadian stocks were little changed for a third session as rising interest rates prompted investors to buy fixed-income securities rather than company shares, analysts said. The Toronto Stock Exchange 300 Index fell 5.60 points to 4101. On the broader TSE. 24.9 million shares traded, compared with the threemonth
        372 words
      • Article
        New York
        756 24 10.77 Blue-chip stocks rallied yesterday in a technical correction following Friday's nearly 40-point loss. The Dow Jones Industrial Average was up 10.77 points (0.27 per cent) at 3,964.31 at II am (1600 GMT). Some 105 million shares were traded on the New York Stock Exchange. Stocks also were
        756 words
    • Article, Illustration
      Lock icon HONGKONG
      3079 25 AP, Reuter HONGKONG Share prices in Hongkong rebounded sharply yesterday on optimism over the local property markets. The Hang Seng Index, the market's key indicator of blue chips, rose 175.55 points, or 2.2 per cent, to 8,082.29. On Monday, the index slumped 136 points. Turnover rose to HKS2.BBB billion,
      AP,; Reuter; Source: Bridge Info  -  3,079 words
    • Article, Illustration
      Lock icon CHINA
      585 25 CLSA HONGKONG H shares rebounded 3.1 per cent after Monday's 4.8 per cent fall with most counters gaining between one and 6 per cent. Shg Petrochem took the lead, surging 5.7 per cent, followed by Yizheng (4.7 per cent) which recovered almost all of the previous day's losses. Total
      CLSA  -  585 words
    • Article, Illustration
      Lock icon TOKYO
      2483 25 AFP, Bloomberg Business News TOKYO Japanese share prices rebounded here yesterday with the leading index gaining 0.8 per cent supported by arbi-trage-linked buying. The Nikkei Stock Average of 225 selected issues closed 139.77 points higher at 18,096.25, while the broader Topix Index of all issues in the first section
      AFP,; Bloomberg Business News; Source: Bridge Info  -  2,483 words
    • Article, Illustration
      Lock icon BANGKOK
      1866 25 AFP BANGKOK The Stock Exchange of Thailand (SET) Index fell 8.68 points, or 0.67 per cent, in directionless trading yesterday to close at 1,288.31 points, brokers said. Trading remained light with 65.69 million shares worth 4.4 billion baht changing hands. Declines outnumbered advances 173 to 118, and 107 issues
      AFP; Source: Bridge Info  -  1,866 words
    • Article, Illustration
      Lock icon JAKARTA
      1178 25 Bloomberg Business News JAKARTA Stocks rose as foreigners' appetite for stocks remained light but trading was dominated by local retailers. "Unlike Malaysia and Singapore. where the local investors ignore foreigners and go out on their own. we are dependent on the foreign presence," said Chin Ye. a trader for
      Bloomberg Business News; Source: Bridge Info  -  1,178 words
    • Article
      CLOB INTERNATIONAL
      2439 26 Cr G* 19*4*5 Lam Vol Day Las! Qmom DK Di« YU Net M Cat High Urn Company Sale (TOO) High Low Buyer Seller CVr P/E Vmil MALAYSIAN STOCKS 398 73 m AIS8 30c 284 -I 140 294 284 283 284 3.0 -2.9 0.3 291 206 77.J m AMDB
      2,439 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Blue chips spearhead share price falls
        6629 26 Bloomberg Business news KUALA LUMPUR Stocks fell with blue chip stocks such as utility company Tenaga and phone company Telekom in the lead. Large-capitalisation stocks led the declines. These stocks are preferred by some foreign fund managers because they tend to track the performance
        Bloomberg Business news; Source: Bridge Info  -  6,629 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8652 27 MAIN BOARD Gi t.r M Wt 1994/95 I *%t Vol Da> Im Quuic Div Div > U Nel Cap \»g Kick Lao Company Sale 00#I High l.o» Ba>rr N*lkr C'vr S P/E vmil Price INDUSTRIAL AND COMMERCIAL 720* 188 ml 4 Acnu 50c 436 unch 26 436 434 434 436
        8,652 words
      • Article, Illustration
        Lock icon Share prices stay wobbly in absence of overseas leads
        1852 28  -  By R Sivanithy SINGAPORE Malaysian stocks on Clob International hogged the limelight yesterday in the absence of overseas leads for the local stock market. But the weeks-old talk of Malaysian elections lost its steam and failed to sustain the upward price
        Charts by Bridge Info; Source: Bloomberg  -  1,852 words
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      240 17 NEWS VALUE Record $10b worth of now private homes soM last year (pg 0 Indicates that the residential property market has to consolidate, if not correct itself, this year. EPF to be biggest source of funds for Ekran's prefect (pg 1) Financing does not look like a problem but cost
      240 words
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      295 18 MFSline I In English Number Your Daily Stars 8450 The Aquarius Fortune Entertainment News 8451 Juicy News Of Cindy Crawford, Richard Gere, Will Smith, Wyonna Ryder A Naomi CambelL.. Ghost Stories 8452 Tm Back!; Win Prizes! Children's Funland 8453 New: Prince Nezha Part 11 Face Facts: Margaret Thatcher 8454 Dreamland
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      6 18 Dividends table has been held over
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      154 18 Opportunities' HC** by Dr Alan Hunter TALK 2 abia 'Japan and the f 0 East Asian j Development You are invited to a series of public talks on FOCUS ON THE REGION jointly organised by PBS Marketing Management Services and the University of Leeds. For registration, please call 338 6778
      154 words
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      439 19 Mpm- *mb v- *l®P? s F ilMgf J|M| IM§§l« 9 Jl^Hr j., r fl I f 1 L A ,m a 1; i;W m m _"i. r 1 J k V ■km -4§ JP f B ifl V X f 1 1 l m Afl -;/(@W > yp |wgsQkjr J
      439 words
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      179 20 irr nik n offshore l WVI COMPANY SPECIALISTS 1 With a worldwide team of 125 multi-disciplined I professionals and a network of international 1 offices, OCRA provides confidential and cost I effective company formation in all the major low I tax areas including: I •BRITISH VIRGIN ISLANDS BAHAMAS IRELAND I
      179 words
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      128 20 This announcement appears as a matter of record only 52 PT ARGO PANTES U5525,000,000 Term Loan Facility Arranger Lender PT Bank Ekspor Impor Indonesia (Persero), Singapore Branch Co-Arrangers Lenders DKB Merchant Bank (Singapore) Limited (lending through PT Indonesia Oai-lchi Kangyo Bank) The Sumitomo Bank Limited, Singapore Branch Lead Managers The
      128 words
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      Page 20 Advertisements Column 3
      100 20 zaTnrTTTTTVTWRT'irTTTWVTTfiTW) Wi Til mm PteUIA stanSihp stannan sninin V j wMj£ JMH IfiflSiES&QZj Made In Canada Allow you to glide upstairs or downstairs in complete safety. Can be fitted to straight or curved staircases. Can be folded neatly to leave the stairway dear when not in use. Dual usage for
      100 words
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      920 21 1 Epson unleashes 720 dpi color ink-jet printer that produces near-photographic images Using a proprietary Its R&D expense seems to have I L.. E paid off. The quality of images provided by Epson piezoelectric print head technology, Epso contrasting its output to that of Canon's 360 dpi BJChas managed to
      920 words
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      245 23 HOW TO STAY TRIM i IN BUSINESS BY CUTTING CORNERS These days, to stay successful in business, one has to be highly compctitive.That means having ihe righl image, up- to- dale office equipment and full time experienced stafT; yet keeping low overheads Here at World Wide Business Centre Pte Ltd,
      245 words
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      14 23 Some prices were not available yesterday due to a technical fault at the source
      14 words
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      48 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. JTnrV J JUST CALL 1800-737-1166 Make the connection through The Straits Times Classified when you're looking for bargains or looking for W customers Just give us tcall. |CATA|
      48 words
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      26 25 ACTAL NEUTRALISES STOMACH ACID. Actal neutralises stomach acid, giving quick relief from stomach discomfort, f jj Health tion and heartburn. L.— n i Ji a 2
      26 words
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      61 27 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, you can prosper through a wide range of investments. Local and Foreign Currency Time Deposits, Unfixed Time Deposits. Foreign Currencies, Unit Trusts and more. Just call our 24-Hour CitiPhone Banking toll-free on (1800) 225-5225 tor your share of
      61 words
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      1746 28 <]}[=>.'{][\)(,*>{<\>*][@(=\~,> IN THE MATTER Of THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF DRAGON GARDEN PTE LTD Ptemtoara'Voluntary Wli ulng-Up) At an Extraordinary General Meeting of the Members of DRAGON GARDEN PTE LTD duly convened and held at 2 Balestier Road •01-689, Singapore 1232 on the 20th day
      1,746 words
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      251 28 ,`<>@|<-{~|-;*'}.+~]@)~\|_-&(.. THE COMPANIES ACT, CAP. SO PARMAUN PTE LTD (la Member*' Voluntin Winding-lp) Al an Extra-Ordinary General Meeting of the Company held at 585 North Bridge Road #12-04 Blanco Court S pore 0718 on Ifith February. 1995. the following special resolution were passed (i) that the Company be wound up
      251 words
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  • Shipping Times
    • Article
      TSA to raise freight rates for shipments from Japan
      382 29  -  By Rahita Elias SINGAPORE Trans-Pacif-ic Stabilisation Agreement members, which ply between Asia and the United States, will raise freight rates for shipments from Japan on May 1. The group said it will charge US$225 (*****) more for each 40-foot equivalent unit
      382 words
    • Article
      PIL protests against Philippine authorities9 ruling on Suria Kota
      309 29  - PIL protests against Philippine authorities 9 ruling on Suria Kota From Al Labita in MANILA MANILA Pacific International Lines (PIL) has lodged a formal protest against the Board of Marine Enquiry's decision that its ship, the Suria Kota, was "solely at fault" for the sinking of a passenger ship. The
      309 words
    • Article, Illustration
      Lock icon EU Commission to tighten ship safety rules
      237 29 Reuter BRUSSELS The European Commission will introduce tough new rules on ship safety before the end of this year, European Union Transport Commissioner Neil Kinnock said on Monday. Among the measures will be a new licensing regime for ro-ro (roll-on, roll-off) ferries and
      Reuter  -  237 words
    • Article
      Lock icon Nuclear cargo to leave French port tomorrow: Japanese officials
      215 29 AFP TOKYO A ship laden with highly radioactive nuclear waste will leave France for Japan tomorrow, according to Japanese officials here, while the French reprocessors say loading of the reprocessed waste would start that day. The ship will leave the French
      AFP  -  215 words
    • Article
      Lock icon Minoan Lines sets up cruise firm with tour operators
      175 29 Reuter ATHENS Greece's Minoan Lines coastal shipper, involved in a 30 billion drachma turnover joint venture with Strintzis Lines, has set up a cruise firm with Cretan tour operators to promote the southern Greek island. Minoan Lines said in a statement
      Reuter  -  175 words
    • Article
      DAILY FREIGHTS
      1385 30 FREIGHT business was firmer in the Atlantic with caper sizes leading the rise, shipbrokers said. Stronger demand from charterers in the mineral trades are also affecting Transatlantic Panamax rates but US Gulf/Far East levels are relatively static. There are indications that handy-sizes are enjoying better conditions, brokers said.
      1,385 words
    • Article
      TRANSPORT DIARY
      392 30 COURSES I itle: Principles of Shipping Documentation and Practices (SDF 70%) Duration: Feb 23 May 25 Organiser Singapore National Shipping Association Tel: For further details and application forms contact SNSA Secretariat at 278-3464 or fax 274-5079. I itle: Principles of Shipping Operations and Practices (SDF 70%) Duration: Mar
      392 words
    • Article, Illustration
      Lock icon Narrow margin for fatal error
      1146 31  -  John Prescott on Turkey's attempts to tighten navigation rules in the treacherous Bosporus straits as traffic increases sharply John Prescott Lloyd's List A BAD ACCIDENT in the Bosporus could wipe out densely populated areas on Turkish shores, particularly at the southern end where Istanbul and
      Lloyd's List  -  1,146 words
    • Article
      THE SHIPPING GUIDE
      12664 38 This is a list of ships loading a Singapore for ports around th world. It tabulates, by dcstinatior the name of the ship, the shippin line involved and the estimate* dates of arrival and departure frori the Port of Singapore. LEGEND PN: ship calls at Penang al
      12,664 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        553 41 Vtttd Voy Wo Berth Arrival Departure Vessel Voy No Berth Arrival Departure JurOflg Port Brastagi 1 A7 95 P03 2102 1500 2102 2300 Batam Murm 02 04 95 il alongside 2202/2300 Cahaya Tetan 002 P01A 22 02 0800 2402 2300 Ptilaii Sal hi 75 J89 alongside 22
        553 words
      • Article
        CONTAINER SCHEDULES
        1587 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookini/Balance Rsits Ship Voy No Etb/Btr Period From To From m Das» 0628 24 2359 IB 21/1500 21/1659 21/1900 4 22/1200 22 1459 22/1700 ffi FremanBe 19S 23/2100 1A 21/1500 21/1659
        1,587 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon TNT trebles half-year profit to A$73m
        326 48 Bloomberg Business News SYDNEY Global transport concern TNT Ltd said yesterday that first-half profit, including joint ventures such as Ansett Transport Industries, trebled on improved contributions from some European and Australian operations. GD Express Worldwide, the group's joint-venture express postal service that spans Europe
        Bloomberg Business News  -  326 words
      • Article, Illustration
        Lock icon All eyes on Chrysler's new minivan
        56 48 Reuter FENTON, Missouri Members of Chrysler's minivan launch team going over a finished 1996 model at the end of the assembly line in the company's plant here on Monday. Production of the new minivan design, introduced last month in Detroit, is underway with the
        Reuter  -  56 words
      • Article
        Lock icon Northwest, Boeing reschedule aircraft deliveries
        338 48 Bloomberg Business News MINNEAPOLIS Northwest Airlines Corp has reached an agreement with Boeing Co to postpone delivery of most of the jets it has on order, allowing the.financially wobbly airline to put off spending as much as USS2.4 billion (553.5 billion). The bulk of the
        Bloomberg Business News  -  338 words
      • LOG BOOK
        • Article
          Lock icon Rolls Royce in US$14m China deal
          68 48 Reuter BEIJING Peebles Electric, a member of the Rolls Royce Industrial Power Group, has signed a US$l4 million (5520.3 million) contract to provide generator transformers to the China National Import and Export Corporation, a Rolls Royce spokesman, said yesterday. Peebles Electric will supply six
          Reuter  -  68 words
        • Article
          Lock icon American Airlines cargo traffic rises
          53 48 Reuter FORT WORTH, Texas American Airlines Cargo Division said traffic continued to rise in January —it was up 13.9 per cent compared to the same period last year. American flew 148.8 million cargo ton miles in January versus 130.6 million one year ago, according to
          Reuter  -  53 words
        • Article
          Lock icon Federal Express to boost capacity
          89 48 Reuter MEMPHIS, Tennessee Federal Express Corp plans to increase its aircraft capacity between Europe and the United States by introducing two McDonnell Douglas Corp MD-11 freighters on its trans-Atlantic routes beginning in July. The company currently operates two DC-10 freighters daily from Paris' Charles De
          Reuter  -  89 words
        • Article
          Lock icon Fiat's Argentina plans founder
          82 48 Bloomberg Business News BUENOS AIRES Negotiations on Fiat SpA's plans to return to Argentina after a 15-year absence have ended without an accord. Talks for Fiat to take over part of the production facilities of Sevel Argentina SA, which makes Fiat and Peugeot models under licence,
          Bloomberg Business News  -  82 words
      • Article
        Lock icon GM outsells Ford in California for first time since 1991
        371 48 Bloomberg Business News DETROIT General Motors Corp. claiming success with a new pricing initiative started in late 1993. said it led in retail vehicle sales in California last year, topping Ford Motor Co for the first time since 1991. GM
        Bloomberg Business News  -  371 words
      • Article
        INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
        1053 48 Page Col ABC Container!ine 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Line 12 1 •Ahrenkiel Liner 4 1/2 •ANL 3 4/5 Antaco Mgmt 17 3 •APL 18 1/2 •Appenship 4 4/5 Arabian Express 15 4 •ASCL 5 5 Astro
        1,053 words
      • Article
        Lock icon GM plans to sell locomotives in Mexico
        114 48 Bloomberg Business News MEX ICO CITY General Motors Corp is interested in selling locomotives and owning rail maintenance workshops in Mexico. William Happel. head of GM's electromotive division. met Mexican President Ernesto Zedillo on Monday to express the company's desire to expand its
        Bloomberg Business News  -  114 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1694 48 Citjr Fight ETA Fight CTD_ Cg ETA Wtft ETD^ Abu Dhabi OK 150 1620 GA984 0100 Hiroshima SQ977 1715 SQ978 0150 O*' 50 1800 C,w h City VN741 1310 VN740 1500 u lt>1 £££H SQ171 1920 SQ172 1430 n<llll<l SQ227 2030 Hongkong UA1 0050 UA2 0835
        1,694 words
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      223 29 Drager SAFETY EQUIPMENT 9f (SOLAS APPROVED) "-5 PA9O MARINE (MHni Specifically Designed Breathing Apparatus 1 For Maritime Applications HIGH QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE JBHHLSBr Draeger South East Asia Pte Ltd 67 Aycr Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING -da. U
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      Page 29 Advertisements Column 2
      64 29 LAW PAGE Every Thursday in Business Times Narrow margin for fatal error in the Bosporus, Pg 3 TNT trebles half-year profit to As73m, Pg 20 Shipping Index, Pg 20 ALEADERIN REFRIGERATION ®fees£ Mr \^r i ill 'i Ijy |i i I I > 'y'^vksi&SßM I I -jM T "''-Hjt« M
      64 words
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      1802 30 I north AmmcA 1 I ommmurmmm I I nomn Amtuca l 1„ I I MM |„J „„„l BK, WWT COAST) E!_ cmiomi um Vi 17 >13 Ld. 1. HT~STIiS zr\ n mmmm omm mmcmo »nu gg «M«I I 411 22 23J 11.3 113 15.3 113 14.3 14.3 113 113 lt3
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      Page 30 Advertisements Column 2
      40 30 I 1 It" °o o o 0 Q A> < i A* vW rib LEAD BY >• EXAMPLES *1 *m i mm For some of the best examples Z W. of good management. 7 Enterprise Management. Every Monday. 22? —j Businessßmesi WOOVAII
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      768 31 (SaSI GCO (SAG) DOCVf^fTAmN T8j*****M8A DRAFT FAZ*****53 ;j !ItsL/ypT -HSH-ta—ma—sblZml-aim iMiim-Im! i«l/w»y "51 ST~ mm j|jfcrtßllF OLKMCMSR 27/2 13/3 11/3 13/3 15/3 14/3 14/3 I 15/3 17/3 XI KM CIOSN 27/2 14/3 18/3 N. MSA A ClOSi 27/2 *Jj S3 DUB I Cl 8/3 20/3 11/3 20/3 22/3 21/3 21/3
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      Page 31 Advertisements Column 2
      119 31 Accepting LCL and containartaad cargo«« Diract to South Africa PE ct ORANJE 0520F 03/03 16/03 17/03 19/03 PACIFIC LINK 0601F 11/03 24/03 26/03 27/03 VAAL 0777F 21/03 03/04 05/04 07/04 NED COLOMBO 0676F 01/04 13/04 15/04 17/04 OSAKA MARU 0981F 12/04 25/04 27/04 28/04 P.EHZ C Town Durban S pore
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      Page 31 Advertisements Column 3
      388 31 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) PROM AUSTRALIA (EAST COASTT *SSU/¥OT*i KG MS STO IO BU* HOB WSSU/VOT ME STD MEB M M» *T IfKS A MVMMT* MS 10/02 21/92 23/02 11/03 14/03 MOW TON Mr 4525 14/02 20/021_ Mumanoß n'V* m/« IS/ J iM! 4/M 6S
      388 words
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      1422 32 AQABA R'DAM/ [1 VESSEL VOY NO SPORE JEDOAH (VIA JEO) S TON H BURG A WERP HAVRE NYK KAI 12/107 22/2 IV3 14/3 1M HANNOVER EXPRESS 24/307 25/2 6/3 13/3 15/3 18/3 20/3 22/3 NYK ALTAIR 02/108 1/3 18/3 21/3 W3 ESSEN EXPRESS 10/308 4/3 13/3 20/3 22/3 25/3 27/3
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      Page 32 Advertisements Column 2
      527 32 IS'pore P Kelang Loading for VLAHCRNA 22/2 Rdm/Atw/UK/Nantes ESER KAPTANOGLU 22/2 26/2 Rdm/Atw/Bmn/UK APCH.LON 28/2 2/3 Rdm/Atw/UK/Nan Loads E./W. Malaysia. Indonesia I Loading for H JEMIMA M Dubai/Damman/lddah, Aqaba I MANISAMUT NAREE Kuwait/Damman/Dubai H 'Loads Singapore. E./W. Malaysia. Indonesia I I Loading for PAN EXPRESS Los Angeles/New Orleans/ I Charleston/Norfolk/Camden
      527 words
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      Page 32 Advertisements Column 3
      1346 32 I NORASIAT I !i/21 J1 14/04 15/04 16/04 17/04 17/04 9/04 I I NOR ASIA HONGKONG 9507-3 22/02 14/03 17/03 11/03 11/03 19/03 20/03 21/03 21/03 22/03 I I y*i«m«no l^lM| ,t 3 ?l/2i »/2i «5/2 i 26/03 27/03 «/03 21/03 21/03 *0/03 I I «/tin Am I^? 3 30/03
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      1501 33 STRAITS SHIPPING PTE LTD flft 10 Hm Chiang Road #11-01 Keppei Towers 0208 Tol: *****88 Fax: *****17 Fx lililMlßMMlftHiaitHllHWMtiaiHW MM) QUHmA MOHC lime nniniwiiiffliffliiiwniimiiiiii mm CARGO DUE SJUIS Wmm j W5031 KK. Skan. Taw 24-25 F«6 2« F«to 21 Fib FCL, LCL CONTAINER ANO BREAK SOLK SERVICE TO PAPUA NEW
      1,501 words
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      Page 33 Advertisements Column 2
      3059 33 r|o m Singapore Agent: wtawifL Mvl C p& Containcr (Singapore Agencies) Pte Ltd rr* 1 /-"I /-I 0 Hoc Chiang Road. #07-01 Kcppel Towers. Singapore 0208 First Class Connections WORLDWIDE Te,: 225 2233 Tc,e rs ***** pnocsp .Fax: 225 5327/222 7517 CR Number: *****9 *****/ JfxVuAERSK Sm £5 ;r O
      3,059 words
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      535 34 w JO,NT venture W SAMUOERA INDONESIA SIR RICKMERS wm SINGAPORE CHINA OAS* SCPULUH VOY 3MB 14 FEB QINGDAO GREEN ERA VOY 4NB 13 MAR XINGANG SHANGHAI INDUCEMENT CAU P KELANG INDUCEMENT CALL HK. P GUDAMG. BELAWAN. TG MANI XIAMEN. HUANGPU i|f#{ UTAMA HARTA I I v WEEKLY FULL CONTAINER SHIP
      535 words
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      Page 34 Advertisements Column 2
      1273 34 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FM WL SM IW HAUL SEA IW f0» fW WL SM IIM HAUL SM KM NYC HA NUN MOHSAJNG 01* 2*/2 DMCI li/3 17/3 l»/3 HANAN POHANG 155£ 25/2 M LUWK 01K 30/3 31/3 1/4
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      Page 34 Advertisements Column 3
      1256 34 I mSVISCIKUIWItIOIItISKnOUIIKu mr u_ mi M I I. GIOBC V 059 2s/2 1/3 4/1 i/\ i/i t/i ia/i n/> m.« l®G 1 CMB Pll SCf I I GtNTLi HOH |/3 12 /j ij/j |;/j j /3 jJ\ l!(J 11'? .11 1/4 7/4 17/4 11/4 »»/4 20/4 21/4 1/5 U/S 14/5
      1,256 words
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      3119 35 MONTHLY zmH V Bl w mombasa i 1 iii i ii'ii'im S'oiiporCi General Agents: Tet (Cental): *****00 Salt, Booking: Agency Oopt: COSTiff (MlPPliM* OTr irn Fj* /General): *****66 Container: *****41 844 Container Src fl: *****02 Operation Container *****15 r"r'^ fT rft LIB Telex: ***** COSHIP Convention*! *****50 »ft ******5 Conventional:
      3,119 words
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      Page 35 Advertisements Column 2
      527 35 Jg FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 27/02 ROTTERDAM 27/02 AARHUS/COPENHAGEN 27/02 HAMBURG/BREMEN 27/02 MARSEILLE/FRANCE 23/02 FELIXSTOWE/UK 27/02 BARCELONA/SPAIN 24/02 j LEHAVRE/FRANCE 28/02 GENOA/ITALY 25/02 ANTWERP/BELGIUM 28/02 LOS ANGELES/WC/IPI 24/02 SYDNEY/MELBOURNE 23/02 NEW YORK/EC 24/02 FREMANTLE/AOELAIDE 23/02 VANCOUVER 24/02 BRISBANE 28/02
      527 words
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      Page 36 Advertisements Column 1
      1230 36 1 WMa VOY sm JKT I r Wss*L VOY SIN PEN I I WANA BHUM 2MB Wad In Pt 3.1 25/2 KOTA JADE JADO4I WtdlkiPl FriTiw" Bfl VESSEL VOY SIN BKK I IBRA BHUM WS Omit Omit 3 INTRA BHUM 5031 Fri 24/2 Sal 2S/2 [jj PIYA BHtIM- 361N Wad
      1,230 words
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      Page 36 Advertisements Column 2
      998 36 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE J PORT KLANG PENANG VESSEL I VOY j SW PKL VESSEL VOY SW f" »OUR GEMN ****** 24 2 «fWI) ?6 2 (SUN) HQUft lAVA ***** H 2 (FRIi 26/2 SUNi■ St* 365N 26 2
      998 words
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      Page 37 Advertisements Column 1
      945 37 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I CR NO *****6/***** I I VESBIL VOY MN CMS J«B HOO JCD AGJ ADC PZU MSW ASA lii 1 ROTA MRKAT IKTIIt M 4/3 11/3 IS/3 It/3 IOT It/3 22/3 2S/3 Ml Hfl KOTAWMAWAN WRNS3S t/3
      945 words
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      Page 37 Advertisements Column 2
      886 37 WMRS ioy sm u HAWB IWK IHHHS ROTTOPUM mrmnp WU ywt«u> NO7W 22/02 IVO3 17/13 H/03 20/03 21/13 WLU PE LTM YO7W 03/03 72/03 24/03 20/03 27/03 20/03 WUC D€ *LA 00/03 29/03 31/03 02/04 03/04 04/04 WU£ Ot TITAm 100W IS/03 Oi/Ot 07/00 M/ 04 18/04 11/04 •MSO ACOPIME
      886 words
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      Page 37 Advertisements Column 3
      576 37 Ml MYANMA \BBBk FIVE STAR LINE W (Myanmar National Line) Loading for Yan|on (Rangoon) S pore P.Kit Pen P Gdz i»aar vzotm 01/03 m* PA ITEM VI3IW 27/02 Mar PAGAA V2IMI 05/07 Mir MALAYSIA AGENTS BOUSTEAO SHTPfK AGEMCES *11: TU 02 *3 *****00 HO. IE 02 03 3(04/17 fW: TQ
      576 words
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      652 40 ga HCVKIB HUME AGENCIES (S) PTE LTD m\ TEL: *****33 (12 Lin«s) irrw FAX: *****15/*****03 BO] TELEX: R8 ***** RISHIP (3 Lines) CR MO.: **********0E """TcceptINJFCLTNDTONV^^ Vmml Voy ITA Loading for Andnnl 3«we 12/04 Mombasa. Djibouti Assab. Massawa Abbay Worn 43W8 06/05 Mombasa. Djibouti Assab. Massawa H WW HUM UK
      652 words
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      Page 40 Advertisements Column 2
      1031 40 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi. Islamqala (Doqharun) MWm€x.mWm c.i.s./russia: Alma Ala. Ashkhabad. Baku. Dushanbe, I j liilit-rar o ILinrh Irkutsk. Khabarovsk. Krasnoyarsk, Korsakov. Moscow. I ITrLrLrifrtiifo Novosoblrsk. Sochi, Tashkent, Tbilisi. Vladivostok. Vostochny Internattonal Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo express container service TO WEST COAST SOUTH AMERICA
      1,031 words
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      Page 40 Advertisements Column 3
      256 40 ■■kM^BBJ ww|m,| pKaracn, MiIEVBPiHRH&III|I3B^ iyi AC NELS PtN PKL SIN 5 SAIL MGS/WEEK PEN PK SIN I 24/2 25/2 26/2 HK6/BKK/KEE/KHH Cbwi/Chagen/SHobn/Oslo 26/2 27/2 28/2 28/2 1/3 2/3 HKG/BXK/KEE/KHH Piraeus 25/2 26/2 27/2 3/3 4/3 5/3 HKG/BKK/KEE/KHH LAi/Fli/Rtm/Ant/Ham/L«h 25/2 26/2 27/2 j RECEIVING TO: g l M ?8 Z >J
      256 words
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      182 41 AG SINO EXPRESS SHIPPING (PTE) LTD. MM I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE 0104 1 TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKG/SHAI SPORE HKG SHAI VESSEL VOY ETA ETD ETA ETD ETA I ETD J. FASTER 901/902 24/2 25/2 2/3 3/3
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      Page 41 Advertisements Column 2
      1308 41 «ssa SPORE PJLANG PENMK lEH SOU MM BRH RTM DMT CD «SSfl P*l SPORE MG FUSAN WT KHH SMM2U NGO TTO N> HONSHU 2025 20.02 19 02* 1002* 1303 12.03 15.03 w55 2*33 2*03 HONS ROM 1055 21.02 22.02 20.02 01.03 03.03 09.03 NORMAMX 2035 21.02 27 02* 2(02* 25.03
      1,308 words
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      1404 42 ■UIWHiHUWI* YOUR GLOBAL CONNECTION V«SM< Voy ETA ETO DESTINATIONS Nail Week PANAMA Next Week 6TH STRING MARIT MAERSK V9SO4 ANOERS MAERSK V 9506 CY 26/2 0800 MRS CY 1/3 1200 MRS ATL BAI CHS CL* LGB MEM MIA NYC OAK PHI lOQ CfS 27/2 2359 HRS CFS 1/3 0400 MRS
      1,404 words
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      Page 42 Advertisements Column 2
      758 42 I (MffisLloyd FULL CONTAINER SERVICES IttitM to7h ho; 11 ti u•) 22 03 >« oj «oj 2i, nno I V 0 HIA mm 04 03 «03 MO3 MO3 11/13 K M 1) 04 04/04 I V D lITMtt TOM 11/13 11/U rt 03 04 04 07 04 0* 04 10
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      Page 42 Advertisements Column 3
      696 42 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPORE P KELANG HALIFAX N.YORK NORFOLK N ORLEANS MOBILE TAMPICO HOUSTON HOEGH DUKE 0528 23/24 Feto 25/26 Feb 2 Apr 5 Apr 8 Apr 14 Apr 17 Apr 20 Apr 25 Apr HOEGH MIRANDA 0728 13 Mar OPT 21 Apr 24
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      596 43 WgV'EVERETT ORIENT LINE" JAPAN BAY Of BENGAL/JAPAN SERVICE ACCEPTMG BREMBUU/SOC CARGOES TO/FROM KOK. YOKOHAMA. NAGOYA. MO*. TOKYO*. MAM. A*. OAVAO'. Penaif* P. Kelan Sin(iporc E Msia" KARAB€VERETT V2IE 27/28 Feb 01/02 Mar KAMALEVERETT V2s£ 16/17 Mar KARABfVERETT V22E 20/21 Apr ACCEPIMG BttAKBUK FCI SOC CARGOES TO/FROM CHITTAGOMG. CALCUTTA ANO MONCIA*
      596 words
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      Page 43 Advertisements Column 2
      191 43 ft GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES 0 CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 18/2 24/2 26/2 28/2 GLORY SELATAN X 19/2 25/2 27/2 29/2 SIN KAO GLORY SELATAN VIII 22/2 28/2 SINGAPORE ASEAN TO
      191 words
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      Page 43 Advertisements Column 3
      660 43 jdfC PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE VtSStl VOY SIN KARACHI IStAMABAD 132 HW 01/03 10/03 SARCOOHA 153 HW 16/03 25/03 MAKRAN 156HW 17/03 27/03 HYDERABAD 13S-HW 14/04 23/04 m ML CMI OAF mis SUBKCT TO MIUCtIKNT FAR EAST CONTAINER SERVICE ONLY VESSEL "vOY SIN HUG BSN OSA
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      Page 43 Advertisements Column 4
      727 43 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL/VOY ETA SIN ETA MAA MV PWAVOINSK Vl3 24-25/02 02-03/03 MV TIGER BAY V 130 24 25/02 02 06/03 MV BONGA TERATAI V TERO29 25 26/02 03 04/03 MV TIGER CAPE V OISN 27 28/02 OS 08/03 MV PESTOVO V tO 02 03/03
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      Page 43 Advertisements Column 5
      309 43 SIN FAR EAST 28/2 KEELUNG/KAOHSIUNG 26/2 BANGKOK 26/2 MANILA/CEBU 26/2 JAKARTA/BELAWAN/SURABAYA 27/2 PORT KELANG/PENANG/E. MALAYSIA 26/2 BUSAN 26/2 TOKYO/YOKO/KOBE/NGO/OSA 26/2 HONG KONG SIN CHINA 26/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 27/2 LDN/FLX/LVP/SOU 27/2 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SjN USA/CANADA 25/2 LOS ANGELES/NEW
      309 words
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      1098 44 i in lil 11 Hi mill mi imi mi r 1111 r>n t f iii rni rr• i" nllr r ni 1111 rt t*• FIXED jjf L WEEKLY SAILINGS T 1 261-3595 MELBOURNE fp GP SHIPPING PTE LTD I Call: Kenny/Mas/Peter STAR SHIPPING AGENCIES (S) PTE LTD I 4CCNTS ton:
      1,098 words
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      426 44 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 25 FEBRUARY (Accepting to all N«w Zealand porta) PENANG 23 FEB JAKARTA 26 FEB ram KLANG 23 FEB BANGKOK 28 FEB MANH.A 26 FEB MELBOURNE 8 MAB SYDNEY 6 MAR BBISBANE 6 MAR FREMANTLE 8 MAR ADELAIOE 8 MAR I I
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      1069 44 CONSOLIDATION TO BUS AN d FIRST FORWARDER IN VSIA AWARDED OFFERING TWICE WEEKLY ISO 9002 BY LRQA LCL SERVICE TO BUSAN Call SANISA at DID: 277 1058 iMlfSl for bookings NOW!!! Tel: Fax: Singapore 561 1668 272 9838 WTERfMTXMAI SEA FREIGHT Malaysia' 00 Thailand Philippines jj&k LOasT,cs SCTV)CfS 0 HONG
      1,069 words
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      1765 45 SUNSHIP AGENCIES PTE LTD 20 McCallum Street *16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R m y.s.N. Ve»»el Voj Hong Kong Slnaipor* P. Kelang Pnang Sea Galant 39 Sallad In Port 24-25/2 Maju Jay 17A 1-2/3 3-4/3 Spic« 68 21-1/3 8-7/3 8-9/3
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      Page 45 Advertisements Column 2
      391 45 /ggjs CEYLON SHIPPING CORPN National Line of Sri Lanka CONT AINEJUSED StRVICL TO IK AND NORTH COMINLNTAL PORTS wr I I cao I ia 1 i— I wt I I MP gBKK own a 2 m mm SHMHA* 1/3 </3 K/3 IVI M 3 MID BMCUOM Mm t/3 H/3 a
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      Page 45 Advertisements Column 3
      757 45 l| II ARRIVING LOS ANGELES 18/03/95 IN 16 DAYS II N AEX:'NEPTUNE PEARL 19E'ETA SGP 01/03/95 I II arrivingHEW YORK 25/03/95 in 23 DAYS I 11 CwwacMwg CalWorma Urcury 66 In HK6 11/03/96 i EXROWT HWVP" <=*"">■"«*<»CX) TOi WWC BMIK il >m LOS OAK VAN BCT ATL CCC HOP NPM
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      Page 46 Advertisements Column 1
      1602 46 jj AMERICAN PRESIDENT LINES, LTD. 19 KEPPtL ROAD .02-01 JIT POH BOILCHNC SINCAPORI 0208 TEL 225-9966 Fai 321 4922 ALSO OFFERING SERVICE TO/FROM •PRC *CIS VIETNAM *EAST RUSSIA I 'CARIBBEAN 'LATIN AMERICA *EAST MEDITERRANEAN U CALL 225-1-225 FOR BOOKING OR ENQUIRY iTO NORTH AMERICA CANADA WEEKLY CONTAINERIZED SERVICE rtN_ mi
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      Page 46 Advertisements Column 2
      1913 46 K" AS AGENTS: (SIII6AP0«) PTE LTD (CR NO: **********0M/6ST REG P» M2-*****5M) V TEL: *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 I IVI MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHO 1 m*J TEL: SA *****00 PK *****/5 PEN *****20 JB *****01 PGU *****25/6 INDONESIA: P.T. SARANA LAUT INTERNUSA. TEL: JKT *****08
      1,913 words
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      Page 46 Advertisements Column 3
      138 46 I BANGLADESH SHIPPING CORPN. REGULAR SERVICE TO/FROM CHITTAGONG VtSStl VOYAGE CHTTAGONG SINGAPORE MONGLA CHTTAGONG BANGLAR MM 45W 20/02 27/07 05 03 07/03 BANGLAR MOW 43W 25/02 05/03 11/03 BANGLAR BOW «W 07/03 14/03 20 03 BANGLAB MOW 44W 11/03 19/03 25/03 27/03 BANGLAR ROBI 47W 20 03 26 03 I
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      501 47 A HYUNDAI I MERCHANT CO. LTD. WESTBOUND TO EUROPE BKG: *****61 ~PNA [pKE POT VESSELS VOY SM RIM MIT LEH HAM BREJ FEL 12/02 24/02 25/02 H. PWfCER 313W ***** ***** 19/03 1«703 ***** 19/03 21/03 01/03 03/03 04/03 H. FRONTER 315W 06/03 24/03 26/03 25/03 26/03 26/03 2S/03 01/03
      501 words
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      Page 47 Advertisements Column 2
      409 47 STRAITS/ JAPAN/ STRAITS SERVICE MULTI PURPOSE I RORO CARRIER SPECIALIZE M HEAVY Lf T CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS eta letd VESSII VOY SM PK LOADING FOR WOW* AOOATNA 4 21/2 MM 25/2. TANJONG MAMS 27/2 BMTULU 21/2 OCEAN Km 10 25/2 2f/2 BANGKOK 1/3 GOIKN
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      Page 47 Advertisements Column 3
      605 47 JEDDAH/UK/CONTMENT I STORE 140 S TON H BURG BMH RDAM L£H Abo Accephn, Carp Far HAMIOVIR EXPRESS 24/347 25/2 4/3 15/3 14/3 24/3 22/3 Souttunplon to j4 UK 4«taiata* BHlast Hid DuDfe NYK AITA* 02/144 1/3 14/3 21/3 19/3 Rattndam :to a 4 Anhnrp. Amsterdam. o*. Hthriu ISSEN EXPRESS 10/304
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      306 47 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 1.4 2.1 2.6 2.8 2.8 2.6 2.1 1.5 1.0 0.7 06 06 09 1.3 1.8 2.1 2.2 2.2 19
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      Page 48 Advertisements Column 1
      48 48 I TECHNOLOGY I 21 units LWH 8' x 6'6" x B*6" 5 units LWH 8' x 8' x B'6" I Ideal for safe Transportation or Storage of Goods Household Removals, etc. Location to View: 33 Penjuru Lane, Jurong. Tel: 320-8884 or Fax:227-0402 for free Tender Forms before 28/2/95.
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      Page 48 Advertisements Column 2
      27 48 *',))}_".\>""^-[[;/~^)$!/@<>(|> Lines and services represented by Members of the Registry of Accredited [?B0s»] Shipping Agents, Singapore National Vtftt Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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