The Business Times, 19 March 1996

Microfilm: NL20586
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    21 1 THE BUSINESS TIMES MIT A (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes S I N G A P 0 R.E TUESDAY, MARCH 19,1996 85c
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  • Article
    MARKET SUMMARY
    65 1 sra 23CL46 (-5.85) BTCOMP 224L00{-8.98) BT-MOA *****9 (+1.82) mm HASEETMOOD: mm Had OTOdHKET INDICES Mondav Change KLSECOMP 1115.72 +4.17 NIKKEI .2M85.M........+96.28 HANG SENG *****.28 +43.70 SET INDEX 1277.01 +9.95 JAKARTA COMP .578.86 +2.07 MANILA COMP JS858.49 +36.74 TAIPEI WPI 4941.42.. .+0.57 SEOUL COMP .854 M -112 CLSA CHINA
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  • Article
    FINANCE
    74 1 EXCHANGE BATES uss s* USf._ 1.407 S L8» 2. ISO DM .0.(79 0.956 ¥100 .0.946. 1.3J0 Ml. 0.194 0.554 HKS .0.129. 0.182 BAKT .0.040. 0.056 RUP1AH 100 .0.043.... 0.060 FUME BATES SINGAPORE* 6.44 KUALA LUMPUR. 8.15 JAKARTA law BANGKOK 13.75 MANILA 14.50 HONGKONG 8.75 TAIPEI AM SYDNEY 10.76 TOKYO
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  • Article
    Contractors see red over concrete price hikes
    504 1  -  Prices hit 10-year high following sharp rises in price of cement, sand, stone By Siow Li Sen [SINGAPORE] Prices of concrete in Singapore are at their highest levels in more than 10 years, pushed up by sharp price increases in the components that
    504 words
  • Article
    STII dips in quiet trade
    103 1 [SINGAPORE] Regional stocks closed mixed yesterday, with prices here ending lower on a combination of external and internal worries. In one of the quietest days, the Straits Times Industrials Index dropped 5.86 points to 2,361.45. Including Sesdaq, volume amounted to just 69.59 million worth $232.14
    103 words
  • Article
    Sino Land clinches 2 HK sites in hotly contested bid
    456 1  -  From Quak Hiang Whai in Hongkong COMPANIES linked to Ng Teng Fong's Sino Land yesterday snapped up two plots of land in Hongkong for over HK$l.2 billion (Ss2l6 million) at a hotly-con-tested public auction which fetched almost HK$6 billion for
    456 words
  • Article, Illustration
    SingTel's 2nd tranche will not be open to foreigners
    395 1  -  But foreign funds may be offered private placements in future By< Genevieve Cua [SINGAPORE) Singapore Telecom's second tranche of shares to be offered later this year will not be open to foreign investors said Finance Minister Richard Hu in Kyoto. However,
    395 words
  • Article
    SingTel eyes Taiwan's phone market
    375 1  -  By 1 Teh Hooi Ling [SlNGAPOßE] Singapore Telecom is eyeing the mobile phone and paging market in Taiwan, notwithstanding the current tensions between China and Taiwan. Its overseas investment arm, Singapore Telecom International, is negotiating with potential Taiwan partners to form consortiums to bid for
    375 words
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      Page 1 Advertisements Column 1
      147 1 nwnPß Impact ifHDB grants The subsidy on resale flat purchases is having a spillover effect on private housing. MBWg TAUPE ritas far HKSUk, this pg. More signs of recovery in Hongkong, 1997 notwithstanding. AaMMntaflijHp46%, pgl7. A high-flier. Share price has risen sharply over the years, and still trading at PE
      147 words
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      Page 1 Advertisements Column 2
      20 1 ARTHUR LEE Past! Looking for a small office with a good address and its own strata title? See Pg 4
      20 words
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      Page 1 Advertisements Column 3
      4 1 Regional markets, Pg 22-28
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      Page 1 Advertisements Column 4
      30 1 Ties, scarf and pleated scarf. JH bath towel. enamelled objects. watch, "24. Faubourg" perfume. Pair your name with Herm£s' FOR CORPORATE GIFTS. HERMES PARIS Corporate Gifts Department, Tel: 235 6555
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      Page 1 Advertisements Column 5
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Concern over affordability of housing groundless: Hng Kiang
      810 2  -  Df PARLIAMENT Minister cites four indicators to show how S'poreans have little difficulty in owning HDB flats By Anna Teo CONCERN that housing, even private housing, is unaffordable is groundless, National Development Minister Lim Hng Kiang said yesterday. And if there is
      810 words
    • Article
      General election unlikely before June
      147 2 THE dates on which the provisional registers of electors will be open for public inspection will be announced next month, Home Affairs Minister Wong Kan Seng said yesterday, suggesting a general election is unlikely before June. Mr Wong was replying on behalf of the Prime
      147 words
    • Article, Illustration
      Lock icon Vehicle loans take a second dive
      313 2  -  EYE ON THE ECONOMY Finance By\ Shiv Taneja FOR the second straight month, finance companies' loans for the purchase of vehicles fell, latest data from the Monetary Authority of Singapore shows. At endJanuary, outstanding vehicle loans stood at $4.16 billion, down from $4.65 billion
      Source: MAS; BCRUZ  -  313 words
    • Article
      Unions to recruit professionals
      175 2 THE labour movement plans to take bold steps to increase its membership including recruiting executives and professionals. The broadened definition of union members to cover employees beyond the rank-and-file was agreed on by union leaders last Saturday at a workshop organised by the National Trades Union
      175 words
    • Article
      Seagate to reduce number of distributors
      389 2  -  Final decision in April; move follows acquisition of Conner By, Jennifer Lien SEAGATE Technology plans to cut the number of its AsiaPacific distributors next month, following its acquisition of Conner Peripherals. "Seagate has 38 distributors in the region, and Conner another, 20 or more.
      389 words
    • Article
      S'pore, Viet tourism officials hold talks
      152 2 SINGAPORE and Vietnam officials are meeting today for the second time to discuss cooperation on tourism issues. Issues on the agenda include a review of current training programmes for Vietnamese tourism staff and tour-ism-related investments by Singapore companies in Vietnam, joint promotion of the
      152 words
    • Article, Illustration
      Lock icon New homes for old
      169 2 WHAT'S happening to my environment, the Ministry of Environment building behind the rubble must be wondering. Well, the answer is Orchard Scotts the service apartment complex located between Anglo-Chinese Junior School and the Cairnhill Com- munity Centre is being torn down to make way for a
      CHRIS LOH  -  169 words
    • Article
      EDB launches Web site on Internet
      141 2 THE Economic Development Board (EDB) yesterday launched its own Web site on the Internet, giving investors, businessmen and the public direct access to latest information about the board. EDB chairman Philip Yeo, who officiated the launch at {he Cafefeßoat Quay, said the board was
      141 words
    • Article
      Sumitomo unit opens $2.2m plant in Tuas
      122 4 A SUBSIDIARY of Sumitomo Heavy Industries yesterday opened a new 552.2 million sales, engineering and distribution facility in Tuas. The 1,000 sq m-plant, will serve as SM-Cyclo (SEA) Pte Ltd's regional hub, said marketing director James Magee. The plant will employ 20 staff
      122 words
    • Article, Illustration
      Suntec City to sell office space to small buyers
      519 4  -  Industry hails move to sab-divide each floor in towers 1,3 By, Jenny Lam SUNTEC City Development (SCD) is now targeting small buyers for its office space, having obtained permission to convert two office towers from single strata title to multiple titles
      519 words
    • Article
      Wing Tai says it hasn't started to sell Dunearn units
      301 4  -  Market talk put freehold condo pricing at $1,000-$l 9 lOO psf By, Abdul Hadhi WING Tai Holdings yesterday denied that it had started selling units in the Blossomvale condominium project along Dunearn Road. The property company, which already has sale
      301 words
    • Article
      Marriott's timeshare arm studies Asia-Pac
      237 4  -  By Agnes Wee THE timeshare arm of hotelier Marriott International has grouped a team of business analysts, lawyers, consultants and some of its own experts to study the viability of expanding its network of timeshare properties to the AsiaPacific region. Marriott Ownership Resorts president Robert
      237 words
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      Page 2 Advertisements Column 1
      233 2 Upgrade Your Diploma To A The Singapore Institute of Management, in conjunction with the Royal r Melbourne Institute of Technology, invites applications for the first intake of the Bachelor of Applied Sdence in Construction Management programme. Programme Highlights Attain a bachelor's degree in just two and a half years from
      233 words
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      Page 2 Advertisements Column 2
      18 2 M RCENTRE' Call *****65 ry I Singapore, Bangkok, Self-Lock-Up office Suites Kuala Lumpur, Jakarta WUh Compute Secretarial Support
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      61 3 Hj^^r P— X ,^S|M(Kftttft -a «> w !*S9B9SiBnKM>R» MMMSk*. MHislslsiisll; *P lisisislspr^' l mm m v ?#MrisSfe iiflßL *Airsfc.' JHBK: |£p^jnp < |gp r ■■iimm* fr iff ii| umts mma mrm&& mmx* KBs Mli SIR It m* %-*i «S* W? «a tag <*& v*» IKSIV' BMI P Hl' S> BHr
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      303 4 I COLLECTIVE SALE I OF PRIME RESIDENTIAL PROPERTY AT I 121 KENG LEE ROAD Freehold Prime residential neighbourhood \\X '/V DGP plot ratio of 2.8; Up to 30 storeys sX/vX j Land area: 17,948 sq ft (Approx) \kV\K Walking distance to Novena and \*Vv\ 1/ Newton MRT Stations For investment
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      Page 4 Advertisements Column 2
      232 4 RICHWAY BUILDINd V NEW INDUSTRIAL ROAD e* 7 storey industrial building Land Area: 2663 sqm/ ***** sq ft Total strata area: 5486 sq m ***** sq ft 2 cargo lifts, 1 passenger lift Ample car parking loading bays Existing Tenancy For further details and enquiries, please call Sole Marketing Agent:
      232 words
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      7 4 5b For Reservation* Tel: *****12/13/14 Fax:(6s *****66
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  • FOCUS: PROPERTY
    • Article, Illustration
      More tap HDB grants
      654 5  -  THE PROPERTY COLUMN Spillover of subsidy on resale flat pnrchases will also benefit private housing By Lee Han Shih A GOVERNMENT subsidy is pumping $80 million to $300 million a year into the sizzling HDB resale market. Some of this money is flowing onward into the
      654 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      129 5 INVESTMENT OPPORTUNITY Choice site of 17,400 sqm (191,400 sq ft) to be sold with attractive development concept. Property is located only a few minutes to beach and in growth area of Bali with immense potential for income and value is increase. Contact: PT. 0 P L Jl. Gajah Mada 3
      129 words
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      Page 5 Advertisements Column 2
      309 5 PRIME RESIDENTIAL Site Area of 12,403 sf approx. Freehold Tenure SITE ALONG Excellent accessibility. Proximity to Dalvey Estate BUKIT TIMAH Provisional Permission granted for 7-storey residential development ROAD with a gross floor area of 19,845 sf. g For further information, please contact: O Sole Marketing Agent I JUnl V I
      309 words
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  • SOUTH-EAST ASIA
    • Article
      US$1b Vietnam economic zone project underway
      428 6  -  SINGAPORE International consortium involved in joint venture near Haiphong pert By 1 Toh Han Shih A US$l billion (Ssl.4 billion) economic zone project in Vietnam is underway with the signing of a joint venture agreement on Feb 29. The Asia Infrastructure Development (AID) will
      428 words
    • Article
      Lock icon Dr M launches Kulim hi-tech park
      293 6 KULIM Bernama MALAYSIA'S business-friend-ly policy has enabled it to set up what has been touted as South-east Asia's first hightechnology park here, Prime Minister Mahathir Mohamad said yesterday. Launching the Kulim HiTech Park the Science City of the Future, in the northern state of
      Bernama  -  293 words
    • Article
      Lock icon Manufacturing share of GDP up
      141 6 KUALA LUMPUR Bernama THE manufacturing sector contributed 33.1 per cent of Malaysia's gross domestic product in 1995, International Trade and Industry Minister Rafidah Aziz said. That represented a 1.5 percentage point increase from 31.6 per cent in 1994, she said when launching the Industry Excellence
      Bernama  -  141 words
    • Article, Illustration
      Lock icon Snaking round a ladder
      47 6 [HANOI] Cars and motorbikes attempting to avoid each other as Vietnamese workers scale a ladder to fix a broken traffic light at a busy junction in downtown Hanoi yesterday. According to traffic police, there were 15,999 traffic accidents throughout Vietnam last year. REUTER
      REUTER  -  47 words
    • Article
      Lock icon Work starts at Fort Bonifacio project
      197 6 MANILA AFP A MAMMOTH development project to set up a new financial centre at the site of a sprawling former army camp in the heart of the Philippine capital, saw its ground-break-ing yesterday, officials said. The first phase of the project involves transforming 45
      AFP  -  197 words
    • Article
      Bank Negara to brief analysts
      218 6  -  From Ho Kay Tat in Kuala Lumpur TO GET a clearer message across to financial markets on the state of the economy, Bank Negara will for the first time invite securities analysts for a briefing when it releases its annual report on March 27, sources
      218 words
    • Article
      Lock icon Local fund managers criticised
      142 6 mKUALA LUMPUR Bernama DEPUTY finance minister Affifudin Omar yesterday again criticised local fund managers for being merely followers of their overseas counterparts when analysing the local stock market. "They don't make their own analysis but follow what has been said by foreigners," he said at the
      Bernama  -  142 words
    • Article
      Lock icon Analysts disturbed by govt incentives for car firm
      402 6 JAKARTA They say move raises doubts abont investment climate Reuter INDONESIA'S granting of incentives to a firm controlled by President Suharto's youngest son has raised doubts over the country's investment climate and economic policies, analysts said yesterday. The government last month unveiled
      Reuter  -  402 words
    • NOTE Book
      • Article
        Lock icon Riots in Irian Jaya
        75 6 AFP [JAKARTA] Thousands of people took part in riots In the Irian Jaya provincial capital yesterday, leaving three dead and exposing the Indonesian authorities' mounting problems in the isolated but immensely rich region. Clashes erupted after security forces attempted to stop supporters from getting close to
        AFP  -  75 words
      • Article
        Lock icon Thai plan bring back proffesionals
        81 6 Bernama [BANGKOK] A proposal to bring Thai scientists and engineers back to Thailand to relieve a shortage of skilled manpower will be submitted to the Thai cabinet for consideration today, a cabinet source said here yesterday. The source said the Ministry of Science, Technology and
        Bernama  -  81 words
      • Article
        Lock icon Philippine jobless rate down
        75 6 Bloomberg Business News (MANILA] Unemployment in the Philippines fell to 8.3 per cent in January, the lowest level in three years, as the country added 13 million Jobs in the past year. The National Statistics Office said unemployment dropped from the 88 per cent rate in
        Bloomberg Business News  -  75 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      115 6 FRAMELESS SHOWER SCREEN Individually designed Spring tension to swing inward* outwards and to self close Increases sense of space within the bathroom Available in Bmm 10mm tempered glass c/w stainless steel, satin, brass, gold, finest quality hinges and accessories GET YOURSELF OR YOUR LOVED OWES CERTIFIED PROFESSIONAL TRAINERS TO HELP
      115 words
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      Page 6 Advertisements Column 2
      69 6 STRATA UNITS FOR SALE NOEL J f> s;' BUILDING J jjT* j Freehold Title strata units for sale: 2,925 sqm/31.484 Master Plan Zoning: Industry To be sold with Naming Rights High ceiling height K| 31 Ideal as Corporate Headquarters For information or inspection, Please contact JOINT MARKETING AGENTS Playfair Road,
      69 words
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      Page 6 Advertisements Column 3
      43 6 available: Wide Range of Forklift Trucks, Stackers, Reach Trucks, VNA Trucks ■As DEMAG The Name For Mmterielß Handing MHE-Demag Logistics (3) Pis Ltd 33 Qui Orde Singapore *****0 Fax: 862 1033 A Joint-Venture Between Jebeen Jeeeen (SEA) Pit Ltd Manneemann Dwnag Fordertechntk AG
      43 words
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  • FOCUS: CHINA-TAIWAN TENSIONS
    • Article, Illustration
      Lock icon Taiwan dollar and bourse stabilise as fears subside
      555 7 TAIPEI Investors heed govt's call for calm, no longer pniAiwg at Being's every move, say traders Reuter, AFP THE Taiwan dollar and local stocks saw stable trade yesterday as both markets hardened to China's military threats and settled into a consolidation phase
      Reuter,; AFP; REUTER  -  555 words
    • Article
      Lock icon US brushes aside Li Peng's warning
      377 7 WASHINGTON Reuter THE United States on Sunday brushed aside a warning by China to keep American warships out of the Taiwan Strait. Responding to a warning by Chinese Premier Li Peng that the United States should not send its navy into the waters separating
      Reuter  -  377 words
    • Article
      Lock icon Round 4 of military exercises?
      86 7 TAIPEI Reuter THE state-run Central News Agency quoted a top Taiwan security official as saying that China might stage a fourth round of military exercises sometime after war games due to begin yesterday. National Security Bureau director Yin Tsong-wen said yesterday that China's next round
      Reuter  -  86 words
    • Article
      Lock icon N-threat not official Chinese policy: Lord
      167 7 WASHINGTON AFP LOWER-LEVEL Chinese officials have threatened to attack Los Angeles with nuclear warheads if Washington comes to Taiwan's defence in case of a Chinese attack on the nation-alist-ruled island, Assistant Secretary of State Winston Lord said on Sunday. "Some Chinese lower-level officials told
      AFP  -  167 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      124 7 Project +Contract November 6-9, 1996 INTERNATIONAL SHOWCASE FOR INTERIOR DESIGN AND FURNISHINGS RESIDENTIAL RETAIL OFFICE HOSPITALITY INDUSTRIES With investments in South East Asia amounting mmMM 22.7 million sqm of office space available by 1998 hmk A conservative 80,000 hotel rooms built by 1998 750,000 sqm of new residential space in
      124 words
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      Page 7 Advertisements Column 2
      311 7 "One of the Most Sought After MB As in Singapore!" nn 9 The University of Hull England 1927 H MBA 19»h Intak* May 1996 "OVER fSOllti, MDs and GMs ALREADY IN THE PROGRAMME!" FIRST to offer TQM and a Systems Approach to Creative Problem Solving FIRST to offer Entrepreneurship and
      311 words
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  • THE REGION
    • Article
      Lock icon Govt policy, bureaucracy cited as obstacles
      287 8 SHANGHAI Shanghai mayor gets feedback from 112 foreign companies doing business in the city AFP GOVERNMENT policy and bureaucracy are the main impediments to foreign investors doing business in Shanghai, according to a survey conducted last year. The findings, contained in a report by
      AFP  -  287 words
    • Article
      Jobless rate in Hongkong falls to 3.1%
      283 8  -  HONGKONG By < Quak Hiang Whai HONGKONG'S unemployment situation has improved slightly with the latest provisional jobless rate reported at 3.1 per cent for the three months ending February this year. This was down from 3.2 per cent reported for the period of
      283 words
    • Article
      Lock icon World Bank makes first loans to China's private sector
      194 8 BEIJING AFP THE World Bank is to provide its first tranche of loans to private Chinese enterprises, directing US$lO million (Ssl4 million) of credit to six firms in the northeastern province of Shenyang, Xinhua said yesterday. The Chinese Bank of Communications
      AFP  -  194 words
  • Page 8 Advertisements
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      1982 8 II CUtSmL Clipsal Industries (Holdings) Limited I nSBnEDGE (Incorporated in the Republic of Singapore) m Announcement of Unaudited Results and Dividend for the Year ended 31 December 1995 The Board of Directors of Clipsal Industries (Holdings) Limited is pleased to announce the unaudited results of the Group and the Company
      1,982 words
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  • ASIA
    • Article
      Lock icon Japan's February trade surplus down 46%
      446 9 TOKYO Its trade gain with the US declines for ninth straight month, falling 29% to US$3.4 billion Bloomberg Business News Reuter, AFP JAPAN'S merchandise trade surplus shrank 45.8 per cent in February from a year ago to US$6.l billion (SsB.6 million) the eighth straight
      Bloomberg Business News; Reuter,; AFP  -  446 words
    • Article
      Lock icon Howard likely to stress ties with region with a trip
      240 9 SYDNEY Aussie PM expected to visit Japan, S Korea, Indonesia AFP AUSTRALIAN Prime Minister John Howard is likely to visit Japan, South Korea and Indonesia later this year to underpin his commitment to economic engagement with the region, government sources
      AFP  -  240 words
    • ASIA Notes
      • Article
        Lock icon India poll dates may be announced today
        69 9 AFP [NEW DELHI] India's election commission will announce dates today for the first nation-wide parliamentary polls in five years, an official of the ruling Congress (I) party said yesterday. The official, who requested anonymity, said the balloting to the 545-seat Lok Sabha, the
        AFP  -  69 words
      • Article
        Lock icon More reforms for Indian capital markets
        78 9 AFP [BOMBAY] Investor-friendly reforms and greater transparency are to be brought to India's capital markets, the chairman of the Securities and Exchange Board of India (Sebi) said in an interview published yesterday. Sebi chairman Devendra Mehta told The Economic Times that a host of
        AFP  -  78 words
      • Article
        Lock icon Dhaka PM to resign: report
        56 9 Bernama-Kyodo [DHAKA] Bangladesh's beleaguered Prime Minister Begum Khaleda Zia has expressed her intention to resign only after the passage of a nonpartisan government bill in the sixth parliament that begins today, press reports said yesterday. Her announcement came amid an oppositionsponsored non-cooperation movement that is
        Bernama-Kyodo  -  56 words
    • Article, Illustration
      Lock icon Mammal in distress
      55 9 [WELLINGTON] Locals on Sunday watching a sperm whale, one of three stranded on New Zealand's Paekakariki Beach, some 30 km north of Wellington Rough conditions ruled out any chance of volunteers going to the rescue of the helpless 10-metre mammals which died of internal injuries after being
      REUTER  -  55 words
    • Article
      Lock icon Chun answers charges
      130 9 SEOUL Reuter FORMER South Korean president Chun Doo Hwan, who may face the death penalty if convicted of mutiny, yesterday began answering charges stemming from the 1979 military coup which brought him to power for eight years. He appeared alongside his military academy classmate and presidential successor
      Reuter  -  130 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      60 9 Tung Centre 2,333 sf-13,0005f Parkway Parade 925.36 sf/1.592.46 sf 57/59/61 Robinson Road 52.528.32 sf (enbloc) Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,991 sf/3,982 sf/7.739 sf Terrace Factory (Last Unit) Built-up area: 14,477.58 sf Lucky Plaza 474 sf First Capital Property Management Pte Ltd r ymmmS (A member of First
      60 words
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      Page 9 Advertisements Column 2
      15 9 80% of the world's top companies use us. (We have the best connections.) BT$? I
      15 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Irish estates lure stars
      479 10 DUBLIN Privacy, relatively cheap prices cited as main reasons for snrge in demand Bloomberg Business News WELCOME to Bel Eire. In Ireland, that is, not California. Marlon Brando, Tom Cruise, Dennis Hopper and other American and English movie stars have begun househunting on the Emerald Isle,
      Bloomberg Business News  -  479 words
    • Article
      Lock icon Dole-Gingrich embrace will hinder govt: Panetta
      380 10 WASHINGTON Dole aligned with extremists to score votes: Chief of Staff Reuter [WASHINGTON] With President Bill Clinton ready to send his 1997 budget to Congress this week, his chief of staff warned on Sunday that another year of policy gridlock would follow unless Senate
      Reuter  -  380 words
    • Article
      Lock icon Dole starts campaigning against Clinton
      286 10 CHICAGO AFP ALTHOUGH the ballots in four Midwest states today list Bob Dole against fellow Republicans, the Senate leader is increasingly directing his campaign against Democratic President Bill Clinton. Here in Illinois, and in Wisconsin, Ohio and Michigan, Mr Dole's only serious candidate for the
      AFP  -  286 words
    • Article
      Lock icon Reforms behind fall in interest rates: Juppe
      233 10 PARIS Reuter FRANCE has undertaken a number of major reforms which have allowed a big cut in interest rates and led to positive signs in the economy, conservative Prime Minister Alain Juppe said on Sunday. Mr Juppe, facing a slump in popularity polls,
      Reuter  -  233 words
    • Article
      Lock icon EMU bond market could be biggest
      138 10 LONDON Reuter THE market for the government debt of participants in European Economic and Monetary Union (EMU) could be the biggest such market in the world, said lan Plenderleith, executive director of the Bank of England. "The market for government bonds issued by countries
      Reuter  -  138 words
    • Article
      Lock icon UK set to meet 2.5% inflation target through '97
      377 11 STOCKHOLM BOE says it errs on side of caution because of Britain's inflation track record Reuter BANK of England (BOE) governor Eddie George yesterday said Britain was on course to meet its underlying inflation target of 2.5 per cent or less
      Reuter  -  377 words
    • Article
      Lock icon US sees progress in test ban treaty
      264 11 GENEVA Reuter UNITED STATES Secretary of State Warren Christopher says the five major powers are moving closer on a nuclear test ban treaty, but concedes that China and Russia still have positions at odds with the others. He said yesterday he had told
      Reuter  -  264 words
    • Article, Illustration
      Lock icon When it's not gun-fire...
      54 11 [SARAJEVO] A group of street vendors watch as the main market building in the centre of Grbavica, the Serb-held suburb of Sarajevo, is consumed by fire. The suburb is due to come under Croat-Muslim control today. Italian peacekeeping soldiers yesterday arrested some arsonists suspected of starting
      REUTER  -  54 words
    • Article
      Lock icon Harvey Nichols plans to go public
      280 11 LONDON Fashion retailer to raise up to £80m on London exchange Reuter HARVEY Nichols, the upmarket fashion retailer, yesterday said it plans to float on the London Stock Exchange. Dickson Concepts, the Hongkong-based owner of Harvey Nichols, plans to sell up to 49.9 per
      Reuter  -  280 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      129 11 MEDICAL PRODUCTS Successful Melbourne based supplier of high quality medical and surgical products. Family company with a strong market share. Good manufacturing opportunities with excellent growth potential in S E Asia. Price around Asl million SAV. For Further information write to: Business for Sale P O Box 353 Benfleigh Vic
      129 words
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      Page 11 Advertisements Column 2
      398 11 SMfs II S| The Republic of Singapore Yacht Club sails into the future with a new Ssso million club house marina at the Wfest Coast Park New Site, New Marina Facilities The Republic of Singapore Yacht Club (established in 1834) is set to Library and Chart Room become Singapore's hub
      398 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Congress'stand against China only hurts US
      781 12  -  THEBOTTOM LZXB OPINION By Mohan Kuppusamy The writer is BT's editorial page editor WHAT in the world could be in the minds of those US congressmen trying to change the terms of the Taiwan Relations Act? A key committee in the Republican-controlled Congress moved
      781 words
    • Article
      IN OTHER WORDS
      124 12 4 I am looking for a recovery, but we're seeing a lot of yellow flags going up.' Andrew Shipley an economist at Schroder Securities, on the end of hopes that there would be a resurgence from more than four years of near-zero growth in Japan. The Bank
      124 words
    • Article
      What does Bob Dole stand for?
      653 12 EDITORIAL AS the United States moves towards the countdown to the Nov 5 presidential election, it may appear that voters will have to choose between two men who both come from the middle of the political spectrum. Discounting some extreme positions that Senator Bob
      653 words
    • Article, Illustration
      Lock icon Betting on futures
      1132 12  -  Global competition forces US futures exchanges to introduce new contracts to defend their central roles By Barnaby Feder NYT WHEN Wall Street swooned last Friday, worried investment managers sought cover in Chicago, where the nation's largest futures exchanges gave them an opportunity to hedge their risks. But
      NYT  -  1,132 words
    • Article
      WHAT THE OTHERS SAY
      394 12 US—itiw dclwrtguU« US POLICY towards China and Taiwan is a study in calculated ambiguity. Should China attack Taiwan, Taiwan does not know the US will come to its defence. China does not know the US will not The goal is to deter Taiwan from declaring independence,
      394 words
  • Page 12 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Myanmar perspectives
      824 13  -  IOLA LENZI An insight into the lives of the people of Myanmar. iola lenzx reviews an art exhibition South-east Asian painting seems to be enjoying a renewed popularity in Singapore, particularly after the Singapore Art Museum's inaugural show, Themes in South-east Asian Art. The latest exhibition in town
      824 words
    • Article
      Lock icon Publishers worry over Net piracy
      557 13 BOOKS Advancements in technology allowing people to copy bestsellers in a matter of minutes NYT [PARIS] Officially, Le Grand Secret remains a literary state secret, a physician's tortured confessional disclosing the elaborate deception to hide the failing health of Francois Mitterrand and the vagaries of
      NYT  -  557 words
    • Article
      Lock icon Hoteliers call on govt to ease room shortage
      523 13 TRAVEL Reuter [NEW DELHI] When India rolled out the red carpet for its two millionth foreign tourist in 1995, the only furrowed brows amid popping champagne corks belonged strangely to the hotel industry. Hoteliers are wringing their hands as tourists, pouring into
      Reuter  -  523 words
    • Article, Illustration
      Lock icon Politics mars games
      517 14 SPORTS World Cop 1996 will be remembered not only for manoeuvres on the field, but also political moves off it AFP [ISLAMABAD] The 1996 World Cup will be remembered as a sporting fairy tale and as a political disaster. The final, fortunately, delivered the perfect climax to
      AFP; REUTER  -  517 words
    • Article
      Lock icon Sri Lanka goes wild over cricket win
      549 14 SPORTS AFP (COLOMBO) Sri Lanka erupted into joyous celebrations yesterday as skipper Arjuna Ranatunga and his World Cup winning cricket team returned to a head-of-state welcome. Thousands of flag-waving fans recovered from a night of singing and dancing on the streets after watching
      AFP  -  549 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      52 13 Let Sintat Drive You I loYQtir [Evening Rendezvous] Evening Rendezvous rates start from Ss4B nett inclusive of Physical Damage Waiver for rentals from 4 p.m. to 9 a.m. the following day, excluding weekends, eve of and public holidays. si^mr x Rent a car 60 Bendemeer Road, Singapore *****8. Tel: 295
      52 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      30 13 DOONESBUBY//// Gary Trudeau ALBX, IPUK£ B LI?reN,IHAV& (111 /SO vol. W VOU TOM EST 1 AtfX!) TO MAKE A SSPLEfiSL 1 PAPWSNSW FEW CALLS, ALREADY 7&N&UNRA I FR/ENP, KJM J
      30 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      207 13 THE WEATHER Singapore: Showers over a few areas in the afternoon. Temperature (34-24) Unla Pmctth) Hl/Lo* Good. Euiuyu Hl/Lo* Goad. It wlun Hi/Lo* Cood. Auckland 2X16 Cloudy Amsterdam 07/02 Cloudy Adam 12/03 (loady Bangkok JV22 Sunny Afeas I&DT Showers Buenos Aim 28/16 Cloudy Be** Cloudy Berhn 67/-1 Cloudy (twa*) 63,-5
      207 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      654 14 I iE» v/iiln ifl 11 £&siz. 11 where to wine, dine and entertain I MMIU I MACHINE MENU CHANGES WEEKLY 6-ln-l Super Buffet Lunch Enjoy local favourites like Satay Bee Hoon, Yoog Tao Fu, Mee Rebus, Nasi Briyoni, RoH Jala, Popiah and sweet, refreshing desserts. $13.80~ 15% discount for (hose
      654 words
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      Page 14 Advertisements Column 2
      90 14 B Rated Hcki Bg Had Kan Rag of Die Mag Tines J/ K^Vl W§> VOtCANK RBS II HONEY RES FIRE RIBS Wk If W S BBS 9k Qjj PEPPERMINT RIBS For raentAm, please ca& 275-9162 (ltMm (Mfm) 226-5830 (iOCfm-UMpm) I 31 Marim Park, Planet Mario* #0110, Smpqmrt *****1 Culinary Fare
      90 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      142 15 Where to wine, dine and entertain •••••••••••••••••••••••a Magical /u/M coffee house WEEKEND v<> Jt's a celebration! Delight the kids with a Hocus Pocus" and spell bind them with MAGIC SHOW 1 HIGH TEA 2 Every Sunday Adult: $12.00+++ 1.00 pm 1.30 pm Child 7.so+++ 3.30pm 4.00 pm I* APOLLO HOT€L
      142 words
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      Page 15 Advertisements Column 2
      136 15 HQ Tke onion and lentil soups at tlie ANA Hotel are world famous and take age* to make. Tkat'i because tkey use only tke keat stocks and ingredients and rely on le experience of Singapore's I most talented ckefs. Spoil yourself today. A ANA HOTEL SINGAPORE 16 N«m Hill, *****7.
      136 words
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      Page 15 Advertisements Column 3
      197 15 Fondues with a Difference! Feast on this culinary delight made perfect with a choice of peanut sauce, belachan and soya sauce! Vegetable Tempera Fondue $12 per person Cuttlefish A Meat Satay per dozen $24 H per person Prawn Teas para Fondue $34 per person all fondue entrees come with a
      197 words
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      Page 15 Advertisements Column 4
      79 15 SINGAPORE BUSINESS R I epjoftyrytlfci j Set Include* King Prawn Mteoeoup Beef or Chicken Pickle* Prioe of vl Deeeerfa Mixed ftutte Per person. CcJ for reservation <* 221 2811 0r*****24 WEfi 1 B Open k> public FAm fi Free pariungoofabte jCuN NMO JAPANESE RESTAURANT Hhl ?jV tpeiOoHOi—yCM i 8 Mvina
      79 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      684 15 TV&RAPIO LOB AMVidzfr;. &00 Berita 12. 100 n« lne Winners. 2.00 In Living Color (See Our 8.30 Bual Bin tang. *'V 9HH Q L3O Money, Money, Money Choice) Muzik-Muzik. »J 4 128 KYTV. 10.00 Memo. 130 TvSwlnnL To Die For. 10 JO The Science Show. I xoo -Kfp Wv Shnw
      684 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      164 15 CRYPTIC CROSSWORD 26 M ight one struggleto use firearm first in it? (8) 8) W™ 13 Provided lodgings that had T ArBSOUmON 2 Take offence at being been divided into four (9) I posted again (6) 14 No, no, no, we's about to do 3 Clean up gambling (5) it
      164 words
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  • THE GOLF PAGE
    • Article, Illustration
      Lock icon Not for greenhorns
      1990 16  -  NZ's Muriwai Golf Club is a challenge, even for the pros, mxcklaus D'cruz tests its fairways NICKLAUS D'CRUZ The writer is editor of The Asian Golf Review NO ONE would blame you if you came to Muriwai Golf Club with nothing but the highest expectations. After all
      FRANCIS  -  1,990 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      348 16 jjfL is? .--Z'-" .<■■ £i\t&ifliW mmPsur iPgMlwy\ /BPVt^ I w F J 1 I 1 V 1 V FLY in comfort in the 'Pride of the Pacific' K~ Air New Zealand with your best golfing j^y Retum air-ticket to Auckland partner, New Shan Travel Service, for a BBMjBBHBM^^| on Air
      348 words
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  • COMPANIES & MARKETS
    • Article
      Net profit at Vickers dips 4.7% to $34m
      299 17  -  By Ven Sreenivasan (SINGAPORE] Poor regional stockmarket conditions last year pulled investment house Vickers Ballas' 1995 net earnings down 4.7 per cent to $34.4 million, from $36.1 million the previous year. The profit dip came on the back of an 8.5 per
      299 words
    • Article
      Apollo posts 43% rise in group net profit
      259 17 [SINGAPORE] Hotel operator Apollo Enterprises' group net earnings for last year have risen 43.3 per cent to $5.25 million. It said in a statement yesterday that its two hotels, Apollo and Fur a ma, remain profitable despite rising operating costs and a
      259 words
    • Article, Illustration
      Fund managers must place trust in investor education
      709 17  -  HOCK LOCK SIEW By Shiv Taneja THE unit trusts industry in Singapore is growing strongly, albeit from a low base. Available figures show that at end-February 1993, only about $430 million was managed by all unit trusts. By the end of last
      709 words
    • Article, Illustration
      Acma group earnings jump 45% to $45.7m
      523 17  -  Group wins USsl2om deal to supply communications equipment to Russia By. R Sivanithy [SINGAPORE] Diversified engineering group Acma Ltd yesterday reported a 45 per cent jump in after-tax operating profit to $45.71 million and a new Russian deal worth at least US$l2O million
      523 words
    • Article
      CWT profit up 9%
      172 17 $&3in earnings in line with expectations [SINGAPORE] Warehouse operator CWT Distribution turned in a 9 per cent rise in net earnings to $8.3 million for 1995, in line with expectations. This was achieved on the back of a 22 per cent rise in turnover to $78.2
      172 words
    • Article, Illustration
      LKN earnings hard hit by lower development profit
      259 17 [SINGAPORE] Listed Lim Kah Ngam Ltd has posted a big fall in 1995 earnings due to lower development profit which the market had anticipated. LKN's turnover last year fell almost 20 per cent to $134.3 million, while pre-tax profit was down 63
      259 words
    • REGIONAL COMPANIES
      • Article
        Renong's profit grows 11%
        340 18  -  Units UEM, Time Engineering perform above market consensus forecast From, Ho Kay Tat in Kuala Lumpur CONGLOMERATE Renong Bhd has posted an 11 per cent rise in its net profit to M 5122.03 million (5167.5 million) for the half-year ended Dec 31, 1995. The interim result
        340 words
      • Article
        Halim succeeds in ousting wife from Renong board
        492 18  -  From Ho Kay Tat m Kuala Lumpur RENONG executive chairman Halim Saad yesterday succeeded in removing his wife Norani Zolkiffli as a director of the company at an extraordinary general meeting (EGM) of shareholders. The couple are in the midst of divorce
        492 words
      • Article, Illustration
        OCBC's Goh Chee Hiong to retire
        347 18  -  Conrad Raj [SINGAPORE] One of Singapore's leading bankers, Goh Chee Hiong of Oversea-Chi-nese Banking Corporation, has decided to call it a day after eight years with the bank. Mr Goh, one of two senior executive vice-presidents ranking just below chairman and chief executive officer
        347 words
      • Article
        Approval for CityCab to start Phnom Penh's first taxi service
        234 18  -  By Harish Mehta [SINGAPORE] Taxi company City Cab Pte Ltd has been given in-principle approval to start Cambodia's first taxi service in Phnom Penh, its capital. City Cab, owned by listed Singapore Bus Service Ltd and Singapore Technologies Automotive Ltd,
        234 words
      • Article
        Asia building activities, new products lift Clipsal's income
        282 18 (SINGAPORE) Electrical accessories maker Clipsal Industries yesterday posted a 11.6 per cent gain in group net earnings to $20.2 million for the year ended Dec 31,1995. This was slightly above The Estimate Directory's consensus forecast of $20.1 million, or an 11 per
        282 words
      • Article
        RDC loses $1.8m counterclaim against TDK
        294 18  -  Appeal Court's ruling expected to end lengthy legal tussle By' William Chia [SINGAPORE] Building materials supplier Resources Development Corporation (RDC) has lost its $1.8 million counterclaim against quarry contractor Teknikal Dan Kejuruteraan (TDK) for loss and damages suffered on termination of several leases in
        294 words
      • Article
        90% of Bintan villas sold over weekend
        173 18 (SINGAPORE] Almost 90 per cent of the first 51 units of the Nirwana Garden Resort villa development on Bintan Island have been taken up, just three days after the project's launch on Saturday. Thirty-six holiday villas and about half of the 15 luxury
        173 words
      • Article
        RDC chief steps down
        101 18 [SINGAPORE] The chairman of Resources Development Corp, Peter Chan Jer Hing, has stepped down. He has also resigned from the board of directors. That took effect from March 7. The building materials supplier said yesterday that Cheong Quee Wah, a member of the board, has been
        101 words
    • COMPANY Briefs
      • Article
        Osprey confirms US$130m acquisitions
        61 18 [SINGAPORE] Confirming earlier rumour*, Osprey Maritime said yesterday it would buy eight product tankers and two shipping services companies for about U*****.9 million (Ssl94 million) from the Petroßulk group. The agreement also gives Osprey the rights to the Petroßulk trade name. The acquisition will be funded
        61 words
      • Article
        UOB still in talks on Noble stake
        38 18 [SINGAPORE] United Overseas Bank yesterday clarified that it has yet to make an offer for shares in the Noble Group although it was discussing with the latter about a possible purchase.
        38 words
      • Article
        ST Auto bags $13m arms contract
        44 18 {SINGAPORE] Singapore Technologies Automotive, the automotive arm of the Singapore Technologies group, has clinched a contract worth more than $13 million to upgrade AMX-13 tanks overseas. The contract is for the supply of STA's own AMX-13 retrofit kit.
        44 words
      • Article
        ST Auto unit in Viet tuk tuk venture
        56 18 [SINGAPORE] ST Automotive (Vietnam), a subsidiary of Singapore Technologies Automotive, has established a Joint venture with Vietnam Frontier Fund and Global Environments Proprietary. The Joint venture, TukTuk International, will assemble, market and distribute low-cost, three or four-wheeled light utility/passenger vehicles called tuk
        56 words
      • Article
        GK Gob opens Philippine brokerage unit
        41 18 [SINGAPORE] GK Goh Holdings yesterday opened its Philippine brokerage operations. GK Goh Securities (Philippines) has been licensed to deal on the Philippine Stock Exchange and will provide broking services to both domestic and international investors.
        41 words
      • Article
        L&M Group CEO resigns
        47 18 [SINGAPORE] Liew Mun Leong has resigned as group managing director and chief executive officer of LAM Group Investments. His last day of service as CEO will be on April 17. The company yesterday said Mr Liew has decided to pursue a career change.
        47 words
    • REGIONAL COMPANIES
      • COMPANY Briefs
        • Article
          Lock icon Texas Instruments in China joint venture
          85 19 Bloomberg Business News [TAIPEI] Texas Instruments Inc has formed its first joint venture in China, a US$lO million (Ssl4. l million) electronic component factory in the eastern coastal province of Jiangsu. "China represents our largest opportunity in Asia," said Ted Jernigan, director of corporate
          Bloomberg Business News  -  85 words
        • Article
          Lock icon Asian Energy abandons Aussie float
          93 19 Reuter [SYDNEY) Asian Energy Ltd, which last year tried to raise As2B million (5530.4 million) through a public float in Australia to finance clean fUel technology in projects across Asia, has abandoned the plan after objections from the Australian Securities Commission (ASC). The company now
          Reuter  -  93 words
        • Article
          Lock icon ITC shares down 6% after court order
          87 19 Bloomberg Business News [BOMBAY] Shares in India's largest tobacco company, ITC Ltd, fell 6 per cent after a court ordered it to deposit 3.5 billion rupees (Ssl47 million) while it appeals a 7.98 billion rupee fine fbr tax evasion. ITC, which sponsored the
          Bloomberg Business News  -  87 words
      • Article, Illustration
        Lock icon HK corporate profits on target
        447 19 Good performances see analysts revising 1996 earnings forecasts upwards Bloomberg Business News [HONGKONG] When it comes to corporate profits, Hongkong is hitting the mark. Many of the territory's biggest companies are reporting 1995 earnings that match or top shareholders' expectations. With more set to report
        Bloomberg Business News; Source: Bloomberg  -  447 words
      • Article, Illustration
        Lock icon SCMP considers cash element in face of rival bid for TVE
        392 19 Several options, including higher offer, tinder consideration, say financial sources FT SOUTH China Morning Post, the publisher of Hongkong's leading English language daily of the same name, is considering a cash component in its bid for TVE, or an
        FT  -  392 words
      • Article
        Lock icon Murdoch unit offers A$175m for Shomega
        196 19 Bloomberg Business News (MELBOURNE) Pacific Magazines Printing Ltd, (PMP) controlled by Rupert Murdoch's News Corp, has made a Asl7s million (*****.2 million) offer for Shomega Ltd. By acquiring Shomega, a graphic arts, digital information, video and compact disc maker, Pacific Magazines "will be able
        Bloomberg Business News  -  196 words
      • Article
        Lock icon S Korean listed firms post 34% surge in net profits
        266 19 Bloomberg Business News [SEOUL] South Korea's listed companies with Dec 31 fiscal year-end showed a 34 per cent surge in net profit and a 25 per cent gain in total sales last year. The Securities Supervisory Board yesterday released the
        Bloomberg Business News  -  266 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Wallenberg group to sell 50% of Scania in IPO
        286 20 Trnckmaker to be Ist Swedish company trading on NYSE FT [STOCKHOLM] Sweden's Wallenberg industrial empire aims to earn SKrls.s billion (553.2 billion) to SKrlB.s billion from the sale of a 50 per cent holding in Scania, the truckmaker, in one of
        FT  -  286 words
      • Article, Illustration
        Lock icon Buffett names successor at Berkshire, at last
        325 20 Heir-apparent Lon Simpson shares conservative approach FT [NEW YORK] Warren Buffett has at last answered the question put to him at every Berkshire Hathaway annual meeting: "What happens to this place if you get hit by a truck?" In the Nebraskan's 1995 annual
        FT; Source: Bloomberg  -  325 words
      • Article
        Lock icon Deutsche Telekom says flotation could fail
        196 20 Reuter [BONN] Deutsche Telekom AG chairman Ron Sommer has warned that German municipal councils could cause the planned flotation of Telekom to fail if they insisted on levying line charges. "In the Bundesrat the municipalities could push through a 'robber baron' law which could
        Reuter  -  196 words
      • Article
        Lock icon Intel ends Paragon supercomputer line
        400 20 NYT [SAN FRANCISCO] Intel Corp has told customers of its Paragon supercomputer business that it will stop making the computers at the end of September and ship its last machines by the end of the year. Intel executives said the decision had been discussed since
        NYT  -  400 words
    • FINANCE & COMMODITIES
      • Article
        IFS buys 30% of Manila finance house
        321 21  -  From. Al Labita m Manila SINGAPORE-listed International Factors Singapore Ltd (IFS), one of Asia's largest factoring companies, has bought a 30 per cent stake in a medi-um-size finance firm, an official told BT yesterday. Mercator Finance Corp (MFC) president, Vicente Ramirez, said IFS'
        321 words
      • Article
        Lock icon Six credit associations plan to merge into 3 in Japan
        243 21 Reuter [TOKYO] Six credit associations, small deposit-taking financial institutions, are to merge to form three new firms, financial sources said yesterday. The mergers include one involving Asahi Shinkin Bank, the second-biggest credit association in the Tokyo area, with deposits totalling
        Reuter  -  243 words
      • SMALL Change
        • Article
          Lock icon Central bank to buy Thai bank's shares
          62 21 Reuter [BANGKOK] The Bank of Thailand said yesterday It has ordered Bank ofCommerce(Bl&) to sell aB of thil I 500 million new shares it plans to issue to the central bank. BBC was asked by the central bank to raise Its capital by
          Reuter  -  62 words
        • Article
          Lock icon Manila bank gets commercial licence
          78 21 Bloomberg Business News [MANILA] Bank of Southeast Asia Savings and Mortgage Bank has received its commercial bank licence, becoming the 48th in the Philippines to get the expanded authority, the central bank said. The upgraded bank will be known as Bank of Southeast Asia Inc.
          Bloomberg Business News  -  78 words
        • Article
          Lock icon HK long-term bonds get prelim AA rating
          45 21 Reuter {TORYO] Japan Credit Rating Agency (JCR) said yesterday it had preliminarily assigned its double A rating to long-term bonds to be issued by Hongkong. It said Hongkong has been able to achieve high economic growth. <1 —-Reutefr <"
          Reuter  -  45 words
        • Article
          Lock icon Viet upgrade approval for Taiwan bank
          36 21 Reuter [TAIPEI] Taiwan's International Commercial Bank of China (3CBC) said yesterday it had won approval from Vietnam to upgrade its representative office in Ho Chi Minh City to a branch.—Reuter
          Reuter  -  36 words
      • Article
        Lock icon French banks recover amid signs of shake-up
        248 21 Reuter [PARIS] French banks are half-way through the 1995 reporting season and, by most accounts, half-way on the road to recovery after years of hefty provisions for property losses and wider recessionary troubles. But financial results have not provided the sole focus of
        Reuter  -  248 words
      • Article
        Lock icon Four Japanese banks face downgrading
        353 21 Reuter [LONDON] IBCA, the European ratings agency, said yesterday it had placed the long-term and individual ratings of Japan's Dai-Ichi Kangyo Bank (DKB), Sumitomo Bank, Sanwa Bank and the individual rating of Bank of Yokohoma on Rating Watch with negative implications. DKB, Sumitomo and Sanwa
        Reuter  -  353 words
      • Article
        Forex markets stable for now
        607 21  -  Central banks' moves succeed in reining in currency volatility From'. Neil Behrmann in London CENTRAL banks, for the moment, have succeeded in taming the US$l.2 trillion-a-day (551.69 trillion) global foreign exchange markets. Compared with the volatility last year, currency markets are calm. And exchange rates,
        607 words
      • Article
        Poser over cause of NZ car fires
        403 22  -  Some say unleaded petrol's aromatics level, its use in older cars conld be cause By\ Ronnie Lim [SINGAPORE] An over-high content of aromatics in New Zealand unleaded petrol as well as the fuel's general unsuitability for older cars could be the cause for
        403 words
      • Article
        Lock icon SBC Warburg still tops but faces stiffer competition
        285 22 FT [LONDON] SBC Warburg has maintained its position as the leading financial adviser in the City, according to Crawford's Directory of City Connections, but it has been forced to share at least six of its most valuable clients with competitors. And it
        FT  -  285 words
      • Article
        Lock icon Goldman, Sachs losing more staff to rivals
        437 22 Many leave because they see partnership as outside their reach Bloomberg Business News [NEW YORK] Goldman, Sachs Co lost more than 11 bankers, traders and analysts this year to rivals, after many of them decided they had slim chances of becoming partners at
        Bloomberg Business News  -  437 words
      • Article
        Lock icon Euro$ futures a notch firmer
        216 22 STMTIX Report Reuter [SINGAPORE] Simex Euroyen and Eurodollar futures got off to a sleepy start yesterday, with dealers expecting activity to remain thin due to an absence of market-moving news. September Euroyen was confined to a two-tick band, showing little inclination to break below the
        Reuter  -  216 words
      • Article
        Lock icon CURRENCY REPORT
        164 22 AFP y^niAui THE US dollar was slightly firmer against the mark and yen in subdued trading on the back of firmer US bonds, dealers said. Broker GNI said the diminished hopes of a further cut in US interest rates are being countered by the vulnerability of asset markets.
        AFP  -  164 words
      • Article
        Lock icon Opec raises demand forecast to 25m bpd
        307 22 ENERGY REPORT Reuter [LONDON] The Opec secretariat said that demand for Opec crude oil production in 19% will average 25 million barrels per day (bpd), an upward revision of 300,000 bpd from its forecast last month, the Opec News Agency said yesterday. The
        Reuter  -  307 words
      • Article, Illustration
        Untitled
        1198 22 DfTBRBAlfK CTORBMCT RATB8 4pm, Maria A«ainst SI Ajatest US$ Against S5 Afdast VS$ CwTMcItt M Offar BM Offar Carrancias M Offar BM Offar Franc* franc tTJMS 17.9194 ***** IMS Local dollart to one unit of foreign currency: Hongkoni Mhr I8.it 18.20 7.7308 7.7318 Australian Mar ***** 1.0883 0.7730 0.7735 Manasia
        1,198 words
    • Article
      COMMODITY PRICES
      1595 23 SIOOM FUTURES Maria KU8CCI (Mures ctostagM at UOpa) RSS1 CONTRACTU cwrts/ka) CtOM Vofcmo OpM Mart* Hi# Law Sett (ton—«) Internt Apr96 Id 50 1173 May 96 212 JO 4525 Jen 96 211.00 200 2700 Jvi/S«9 96 210.00 207.00 210.00 2325 ***** 0ct/De«96 209.00 206.50 209.50 600 ***** Jan/Mr
      1,595 words
    • Article
      WORLD STOCK MARKETS
      2324 23 LONDON HarM hw A. A. Corp Adr 62 -3/4 AB Ports 302 3 Abbey Notional 5501/2 *12 Allied Lyons 409 1/2 Amoc 97 -1/2 ArqyH 310 -1/2 AsdeGroup 1031/2 1/4 BAT Ind 4881/2 -111/2 BKC 33B *1 BOC Group 902 -9 BR Pttroloum 559 *6 3/4 BTR
      2,324 words
    • Article
      Lock icon TOKYO
      1614 23 Bloomberg Business News +*4-28 STOCKS rose, led by car and electronics shares, on expectations exporters will see their earnings improve as the US dollar gains against the yen. "The yen's weakness always helps this market," said a trader. The Nikkei 225 Index rose 94.28, or 0.47 per cent, to
      Bloomberg Business News  -  1,614 words
    • Article, Illustration
      Lock icon HONGKONG
      1623 24 Reuter Q Hang Seng +4170 STOCKS yesterday closed modestly higher after seesawing aimlessly in wary trade, with the government land auction failing to have an impact on trade. The blue-chip Hang Seng index gained 43.70 points to Xi,601.28. Turnover dwindled to an anaemic HK$3.4B billion from Friday's adjusted HK$5.2O
      Reuter  -  1,623 words
    • Article, Illustration
      Lock icon CHINA
      629 24 Reuter *0.41 THE Shanghai B share index closed up yesterday on bargain-hunting and brokers said the impact of tensions in the Taiwan Strait was fading. The index closed up 0.41 point or 0.81 per cent to 51.46 points, on volume of 5.2 million shares worth US$l.7 million. Of 36
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  629 words
    • Article
      Lock icon TAIPEI
      370 24 AFP Q WP Index +&S7 SHARE prices in Taiwan were virtually unchanged yesterday, notching up a tiny 0.01 per cent rise, despite the scheduled start of week-long air-sea-land exercises by China, brokers said. The Weighted Price Index advanced 0.57 point to 4,941.42. It was not known whether the government,
      AFP  -  370 words
    • Article, Illustration
      JAKARTA
      687 24 Composite Index *2Jfl SHARE prices closed 0.4 per cent higher yesterday in thin trading on the back of selective large cap gains led by PT Telkom, dealers said. "The market was rather dull, but there was some last minute comeback by Telkom and Astra's foreign shares," a dealer said.
      687 words
    • Article, Illustration
      Lock icon BANGKOK
      825 24 AFP p SET lata +U6 THAI shares rose 0.8 per cent yesterday as a rally in big market capitalisation issues put some life into an otherwise lacklustre and thin day of trading, brokers said. "There was no positive news to spur market sentiment," said an analyst, but added that
      AFP; BCRUZ  -  825 words
    • Article
      Lock icon MANILA
      330 24 Reuter |3 Manila *3174 SHARES ended higher yesterday though trade was cautious as investors were worried over the Taiwan-China crisis, brokers said. The Composite Index rose 36.74 points to 2,858.49. An analyst said the local bourse rebounded following its lacklustre performance last week. Brokers said Ayala Land's 1.50 peso
      Reuter  -  330 words
    • Article
      Lock icon SEOUL
      342 24 AFP QOnporiteUK_j2J2 SHARE prices closed 0.2 per cent lower on the Korea Stock Exchange yesterday, as heavy profit-taking centred on bank and construction shares weighed down the market, dealers said. "The market underwent its expected consolidation today following the rapid gains in the past three consecutive sessions," said an
      AFP  -  342 words
    • Article
      Lock icon SYDNEY
      608 24 AFP PAflOriniriag -02 AUSTRALIAN shares closed steady yesterday, a barely perceptible 0.009 per cent off Friday's close. The All Ordinaries Index ended 0.2 point lower at 2,234.6, The All Industrials Index closed 0.2 point higher at 3,334.1 and the All Resources fell 0.4 point to 1,405.4. Turnover totalled 210.15
      AFP  -  608 words
    • Article
      Lock icon WELLINGTON
      274 24 Reuter Q Wellington -12J7 NEW ZEALAND share prices ended with a soft tone. 9rokers said the fall was a correction to Friday's 44-point gain on the NZSE-40 Capital Index. It ended 12.97 points down at 2,121.60. Reuter NarN *h root) A HZ Banking 7.10 0.10 ***** Advantages Htdqt 1.65
      Reuter  -  274 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares dip ahead of US data release
        7245 25 KOALA LUMPUR Reports AFX-Asia nQmipoate Index -4J7 SHARE prices closed lower on thin trade in blue chips as institutional investors remained sidelined due to a lack of fresh leads ahead of the release of US economic data, dealers said. The KLSE Composite Index
        AFX-Asia; BCRUZ  -  7,245 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3484 26 LOANS ft VARIANTS m ItM/N Last VI Day Last Ouata V M Av« M* Law Stna Cm»«ny Sata *ar- COOO) High Law Buyar Salter Prtc. 56 45 m 3000 m AMDS c5 5%*****6.7... 47 47.5 49 174 120 m 3001 Amcoi <******5 269 -5 117 274 267 268 273 266
        3,484 words
      • Article
        Sriwani worth considering
        239 26  -  WARRANT WATCH By R Sivanithy THERE seems to be a perception in the market that the upside for Singapore stocks is limited at least in the short term mainly because of the disappointing earnings reported so far. By the same token, the Malaysian market is expected to
        239 words
    • Article
      CLOB INTERNATIONAL
      2348 26 MALAYSIAN STOCKS Gr Gr 1995/96 LMt VI Day Lest Quote Dtv Mv YM Net M Cap Mo* Low Stno Company Soto TOOO) High Low Buyer Seller C"VT p/C Smii *25 St 5000 AISBSOc 68 SOS* 10 49 02 U09 *30.7 •127 70S 5001 AMDS SOc 90 -f 137
      2,348 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        858 27 Twuwmrooo) valok row ■ate cim r»i >w» o* nw MMlW 2*25* Mil 3XmO WU33 15.900 121,132 iMUCt 3294 3,400 *.*94 29.206 S.WC 35,096 1.001 m v* *om m* «*> MmUl 7.769 5,677 VMM 40X9 6*64 49J12 ST 55 iSS uS StV is S ffl JS SS »'S K50A0 4,039 4,6*
        858 words
      • Article, Illustration
        HOT STOCK
        76 28  -  By Paul Leo CYCLE AND CARRIAGE is facing strong trentUtne resistance after rising $1.00 over the last two trading sessions. The downward sloping trendUne is formed by joining the peaks sines Jan 27 at $17.00 Expect the car distributor to drfft back towards $15.00 from yesterdays closing cf
        76 words
      • Article, Illustration
        External factors, corporate earnings depress market
        849 28  -  STOGKMA&KET COMMHMTARY Fond managers appeared to be downgrading the local market in the light of the below-par results announced so far By R Sivanithy [SINGAPORE] Disappointment over local corporate earnings, renewed worries over the China-Taiwan situation and US bond market jitters yesterday put paid
        849 words
      • ON THE GRAPEVINE
        • Article
          Making sense at last
          207 28 "MARKET meltdown makes no sense" that was the headline to a Business Times page-one commentary last Tuesday on the knee-jerk reaction of Asian stock markets to a 171-polnt drop on Wall Street Essentially, the commentary by our writer wondered why share prices should (all on news
          207 words
        • Article
          Cricket on a winning wicket
          67 28 OVER the last month, it would seem that cricket bookies in India have had a busier time than stock brokers. Quoting "cricket observers", a news wire reported that total betting on the cricket World Cup in India this year was above five billion rupees (Ss2lo
          67 words
        • Article
          Net The Ardmore anymore
          94 28 MARCO Polo Development's posh33o-unit condominium development will not be THE Ardmore Park. Rather, it will be just Ardmore Park. We learnt that Marco Polo failed to get approval from the authorities to add the word "The" to Ardmore Park. Apparently, this is because die authorities didn't
          94 words
        • Article
          Watch out,Yeo's
          72 28 STEP aside, Yeo s. Students of the Singapore Polytechnic have figured out a winner for the soft drinks market, they said in a press release yesterday. The drink, called Lemonsi Delight, has a unique taste of lemon and calamansl (lime) and is said to be a real thirst
          72 words
    • Article
      MAIN BOARD
      4295 27 Gr Or H Wt HH/N Last V« Day Lot Ooata Otv OK VM M«t Cap Atg m» Laar own Ciw»«» W» (*000> Ltm 8»y«r »<%»>/! ■mbikuls 214 MS 1258 Acar SOC——— US177 -1 109 171 tW ITT IN It* 2*3.0 «4 318* it WOO AcmaSOc 424 unch M7
      4,295 words
    • Article
      SESDAQ
      756 27 I»*W» LMt VM Doy LMt Quota 0* CMv YM MM C«| Am L— ww» c—mm PDOCI HI» t— »—f cw wi w» SCSOM 322 40 2000 AMHMpSc 258 572 255 2*0 *0 6.9 0.4 54.1 W4.1 259 2 SO 50 2001 Aslanwtrti 50c 196 170 190 49.1 209 124
      756 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      191 17 f <o While Others Wwk Hard m Communicate... You Can Rely On Us To Make Communications Work For You. At Singapore Comm, you can count on us when it comes to reliable telecommunications systems. But don't just take our word for it. Let our track record of over 8500 installations
      191 words
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      Page 18 Advertisements Column 1
      425 18 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      425 words
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      Page 20 Advertisements Column 1
      484 20 in Makati, Manila Philippines For further details, please call Ashley, Wei Lin or David I t CMSOORT Mart Mer£ Women t Woman's Womarrt mMmmw irilftlrv WW mmm m Afffc MMMKVU rn r»n r*i r«~i nn m j LMMIwU Iflrf fff mUKt- •*-«-*-«rTrri ii 11 111 ill ill ill ii u
      484 words
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      354 21 Bl See-thru labels? 1 Removable labels? J Weather-proof labels? la Has w A special H label for any special need. CtPT-MMTLABELS ■«««■—iwi Type Uses Material Versions Sta Lafeata par Raf. MP stn Utah par Hal. MP Removable Time-limited 70gsm or Computer print t—> ifcaatfrae* sa. («wt) «fcaatt»aafc na. Njß) Labels
      354 words
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      120 22 i RMI6O NETT A NIGHT! JUST HOW DO THEY DO IT?" (Mr. Fionn O'Keeffe, Accountant) be one the ever the Golden newly Deluxe rooms for a mere a my calculations? Or could be one mysteries? Oh any now take a relax with by the palm-fringed pool." For double occupancy, inclusive
      120 words
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      Page 24 Advertisements Column 1
      55 24 Express yourself with classic French style. PARIS Waterman Le Man 100 Black. n Individually numbered, with a solid 18k gold nib. |Jt\ Designed with the elegance that is the signature of Paris. WW I /.'expression personnels. Guaranteed for life. WA TERMAN Available at department stores and pen specialists. For more
      55 words
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      Page 25 Advertisements Column 1
      44 25 FOR THOSE WHO PLACE QUALITY ABOVE ALL. YOUR TIME HAS COME! Enhance your image. Promote your business. All in the name of quality. Call us, well show you how. Tang Ngai Kin 740 2085 (pg 9301 9320) Serene Cheong 740 1609 (pg 9408 0305)
      44 words
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      Page 26 Advertisements Column 1
      39 26 —g- H 4 I iiißiiwai—i t 1 KF^ 1 KkQuoy O.Y.L Sales Service (S) Pte Lid Tel: 250 2966 (Sales) 258 8698 (Service hoHine) McQuay Air Conditioning (S) Pte Lid Tel: 356 6438 (Sales) 258 5165 (Service hoHine) |^^^^|^QQjQQQQQ
      39 words
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      Page 27 Advertisements Column 1
      22 27 ROY EASTERN WATCH, LUCKY PLAZA, #01-74. #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536.
      22 words
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      Page 27 Advertisements Column 2
      44 27 I BUY* r SELL* Classified ads make finding a job an easy chore. No matter what it is, you can always buy it, sell it or find it with die Classified. T0 I I FI E E 1800-737-1166 [c£| Coll Today For Rosolts Tomorrow.
      44 words
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      Page 28 Advertisements Column 1
      816 28 1 CWT DISTRIBUTION LIMITED The unaudited results of the Group and of the Company for the financial year ended 31 December 1995 are as follows: Group Company 1995 1994 1995 1994 SS'OOO Sl'ooo SS'OOO SS'OOO Turnover 78,234 64,311 22 63,397 57.069 11 Investment Income 200 Interest Income 1.391 488 185
      816 words
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      Page 28 Advertisements Column 2
      169 28 MOT I C E S NOTICE This is to inform that Mr Fraacis Ng Chin Heng, NRIC No. *****066/B is no longer in our company and is not authorised to transact any business or collect monies on our behalf. FRONTLINE CORPORATION (ARCHITECTURAL PRODUCTS) PTE LTD SINGAPORE RATTAN A CANE MART
      169 words
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      Page 28 Advertisements Column 3
      369 28 Singapore Closing Share Prices 18/03/1996 CLOSE PREV LOW HIGH uss uss uss uss \lllf/ Jardine Matheson 7.75 7.70 7.70 7.75 FffllYl Jardine Strategic 3.30 3.30 3.26 3.30 LVQtffj Dairy Farm 0.03 0.94 0.03 0.035 Knfl Hongkong Land 2.14 2.15 2.12 2.16 ■ppnHM Mandarin Oriental 1.23 1.25 1.23 1.25 EAUytt&B Jardine
      369 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      308 29 Knight-Ridder, Reuter THE week ended on quite an encouraging note for owners in most areas, shipbrokers said. Although Panamaxes are ballasting from the Pacific into Atlantic loading areas, freight rates appear unaffected and continue firm in the US Gulf and from East Coast South America. Brokers report more
      Knight-Ridder,; Reuter  -  308 words
    • Article
      MARITIME STOCKS
      251 29 Sf* < 1 11 II —\M -0.02 IS awnHM»iiiMim-m -am 123 CMMMMMWI —190 *0.03 4 rtLJ 7.90 -0-05 S20 FrotaMlMu a«0S wtcti 21 Willi—n 121 -002 39 Hal Sun Hup Croup 1.01 *041 *07 MUcMZmm LOS uncft U IMC I lolOnM MK5.60 an vm -ooi —US *aw 479
      251 words
    • Article
      ACL expanding fleet to beef up infra-Asia service
      363 29  -  S'pore line revamps service to cater for growing north Japan-S'pore trade By Yong Mei Fong [SINGAPORE] Local carrier Advance Container Lines (ACL) is beefing up its intraAsia service to clinch a larger share of the growing north Japan-Singapore trade. The regional operator
      363 words
    • Article
      Cougar wins order for fishing vessel
      199 29 [SINGAPORE] Australia's Cougar Catamarans has won a contract worth more than US$l.5 million (552.12 million) to build a fishing vessel. Under the contract, Cougar will build a 20-metre fast catamaran fishing vessel for North Lily Mining Company (NLMC). With this latest deal, the Queensland-based
      199 words
    • Article
      Lock icon Arab shipping firm to buy new tankers
      208 29 AFP [ABU DHABI] A joint Arab shipping company is planning to invest up to US$4OO million (***** million) to buy new tankers as part of expansion plans aimed at meeting growing business, its chairman said on Sunday. The Arab Shipping Company for Petroleum
      AFP  -  208 words
    • PORT Shots
      • Article
        Nedlloyd Districentres in deal with FAG
        54 29 (SINGAPORE] Nedlloyd Districenters has entered into a two-year agreement with FAG South East Asia to provide storage and logistics facilities. Kees Jan Dosker, general manager of Nedlloyd Districenters, said a dedicated space 0f22,0005q ft will be provided for FAG's exclusive use. The agreement is
        54 words
      • Article
        Lock icon Japan's foreign ship orders plunge
        53 29 AFX-ASIA (TOKYO] February export shipbuilding orders fell 66 per cent year-on-year to 298,880 tonnes, the Japan Export Shipbuilding Association said. In the month order* included six bulk carriers of a combined 151,300 tonnes, thro oil carriers ofa combined 135,800 tonnes and two freighters of a
        AFX-ASIA  -  53 words
      • Article
        Lock icon MOL to buy Japanese firm's shares
        45 29 Reuter {TOKYO] Mitsui OSK Lines Ltd (MOL) said recently it would buy 51 per cent of the outstanding shares of a Tokyo-based chemical tanker operator In a bid to expand its shipping operations. Tokyo Marine operates 24 chemical tankers.—Reuter
        Reuter  -  45 words
      • Article
        Lock icon Karachi yard near collapse
        61 29 Reuter [KARACHI] The head of Pakistan's National Shipowners Association said the state-run Karachi Shipyard and Engineering Works (KSSW) was on the verge of collapse because of lack of new technology. Masood Baghpatee said he had sent an appeal to Prime Minister Benaair Bhutto to save the
        Reuter  -  61 words
      • Article
        Lock icon Yang Ming chalks up 42% rise in profit
        67 29 Bloomberg Business News [TAIPEI] Yang Ming Marine Transport Corp, a Taiwan shipping line, said pre-tax profit rose 413 pa* cent in the eight months to February from a year earlier at NTfl. 63 billion (SsB3 million), or NT91.51 per share, the Economic
        Bloomberg Business News  -  67 words
    • Article
      Lock icon Norway proposes lax breaks for shipping industry
      227 29 Reuter [OSLO] The Norwegian government has proposed tax breaks to shipping companies to keep them from moving abroad and to maintain Norway's role as a major shipping nation. Norwegian shipowners have complained that they are unhappy with the shipping tax and that they
      Reuter  -  227 words
    • Article
      Lock icon US cruise lines set course for Europe
      205 29 Reuter [MIAMI BEACH] US cruise lines are targeting Europe where the number of people taking holidays at sea is rising by 10 per cent a year, industry experts said recently. By the year 2000, an estimated 1.5 million Europeans will be taking a
      Reuter  -  205 words
    • Article, Illustration
      Lock icon Crash of an aviation pioneer
      836 30  -  DUTCH AZRUMB INDUSTRY: FOKKER LOSES LAST BATTLE High costs and turbulent markets have overpowered the byword for Dutch industrial expertise, as debts were racked up by making its planes in strong guilders and selling them for US dollars By* Alister Bull Reuter FOKKER planes have
      Reuter  -  836 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      307 30 PACE Everett 12 tn Evergreen 6 ANL 3 Everprime 13 AMe 7 Famous 7 I Accord 12 FooagSun Ahrenkiel 4 Frotj <2 Appenshtp 4 WHorM 12 Astro 13 6 Lii* Express 4 Austral n Gemartrans 13 Avant 6 Gewhpg 4 B$a 11 GloMink
      307 words
    • Article
      SHIPPING GUIDE
      17611 36 ETA ETA Advartlsar VmmI Voyaga Pfl CTA ETA Advartlsar Vassal J (HI rw«t'n Uum u uu Ma Mo, SIN OMt'n NOT# Niffl# No No. "»1« jTi" i» I i.. Jl II—l nili—WM SHBBaHHMaaHNMMNMMMHMMMaMMMBMMMMMMMMBNai 01/04 25/04 UASC 01A FUJA'A CB3W 3 Bangkok Abidjan )9/o3 22/03 ACL SINO MARINE MRNB3
      17,611 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        739 43 Vw< I Vot Wo 8ft ti Arrive Po»ortiiri Jmhrt *mtm z VH M 8.03/0900 20.03/0500 BMW MM tm J02 *03/0900 8.01/2100 Mu*«H« 1 JOS B.OI/MOO 20 G3/120C tmmm 960J J20 8.03/0000 20.01/OTOO •mmmZ V96 JOt *03/2000 20.01/2300 **M I IT/* J01 *.03/1200 803/1900 M hM tt/96 J01 8.01/W0
        739 words
      • Article
        CONTAINER SCHEDULES
        1389 43 BooMno/BaUnc* tstts Skip Voy No Etb/Btr Ported From To Prow «ujMi aa *vow a wow wots* www 1 WOTW IMS* WMW 4 oraw WMt wrrw toUte OH* WBW W WBW WHS* WMO wbw w*» ■/not klin 2M It/IMS WBOO WW WWW B VfOO IWOiH IWOW *a mm SS
        1,389 words
      • Article
        COCKETT BUNKER MARKET REPORT
        868 43 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        868 words
      • Article
        GLOBAL HOLIDAY
        374 43 MARIS Iran: Oil Industry Nationalisation Day. Malta: St Joseph's Day. Nepal: Ghode Jatra, (for the Kathmandu Valley only). Spain: (tentative) Father's Day. MAR 20 Iran: Iranian New Year Holiday (to March 23). Japan: Vernal Equinox Day. Mauritius: Ougadi. Tunisia: Independence Day. MAS 21 Indonesia: Hindu Quiet Day. Iran:
        374 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Toyota, GM end 8-year Aussie partnership
        366 44 lmimm between car giants elsewhere net affected AFP [SYDNEY] The celebrated Australian union of global car giants Toyota and General Motors has ended in dissolution after eight years, officials of the two companies said. Although it boasted revenues of more than As 3 billion
        AFP  -  366 words
      • Article, Illustration
        Lock icon Snpersonic flying lab
        53 44 [MOSCOW] Russian soldiers walking past the modified Russian supersonic jet Tu-144LL6n Sunday at the Zhukovsky scientific research centre outside Moscow. The plane is to be used as a supersonic flying laboratory in a joint six-month flight research programme between Tupolev Design Bureau and a group of US
        AFP  -  53 words
      • Article
        Lock icon Asia seen as alternative to flat US, European car sales
        302 44 US car makers aim to seize opportunity for growth AFP [WASHINGTON] US car makers are now looking to vibrant Asian markets to offset expected stagnant sales in North America and western Europe, the head of the American Automobile Manufacturers Association
        AFP  -  302 words
      • Article
        Lock icon CNAC delays launch of HK airline: report
        150 44 AFP [HONGKONG] The state-run China National Aviation Corp (CNAC) has delayed the launch date for its airline in Hongkong from April to June, it was reported yesterday. The main reason given for the delay of the April 1 launch of China Hongkong Airlines,
        AFP  -  150 words
      • Article
        Lock icon Rapid Latin American air traffic growth
        186 44 Reuter [SANTIAGO] Latin America will see passenger and cargo air traffic growing in coming years at least as rapidly as the region's economic expansion, said Jerry Greenwald, executive president of United Airlines. "Latin America is so large that air traffic is required as much
        Reuter  -  186 words
      • Article
        Lock icon Bombardier group to build first high-speed trains in US
        235 44 NYT [WASHINGTON] A group led by Canada's Bombardier Inc will build the US's first high-speed passenger trains, Amtrak officials said. Bombardier and GEC Alsthom of France will build the 240-km-per-hour train, called the American Flyer, based on the technology used to
        NYT  -  235 words
      • Article
        Lock icon Rolls-Royce, Shorts hurt by Fokker crash
        379 44 Dutch rival's collapse only a slight advantage for BAe Reuter [LONDON] British aero-en-gine group Rolls-Royce and Belfast's Shorts Brothers are among the principal casualties of the collapse of Dutch aircraft maker Fokker NV, analysts say. Although British Aerospace (BAe) lost its only European rival
        Reuter  -  379 words
      • LOG Book
        • Article
          Lock icon China to set up 2 car joint ventures
          78 44 Reuter [BEUING] China plans to set up this year two giant joint ventures to manufacture auto parts, with investment in each expected to top 2.0 billion yuan ($340 million), the China Daily Business Weekly said on Sunday. One company is to make
          Reuter  -  78 words
        • Article
          Lock icon Canadair hopes to increase plane sales
          101 44 Reuter [MONTREAL! Canadair's chief executive said on Friday the company was hoping to expand sales of its CL-415 amphibious plane to Japan, Malaysia and Australia. Jim Cherry, chief executive of the unit of Bombardier, said the aircraft maker had presented the plane at air
          Reuter  -  101 words
        • Article
          Lock icon Ford increases sales outlets in Japan
          104 44 Reuter [TOKYO] Autorama Inc, the Japan sales unit for Ford Motor Co s cars, said yesterday it had reached a bask agreement with Ibaraki Nissan Motor Co Ltd on the sale of Ford cars. Ibaraki Nissan will set up wholly owned Ford Shin Ibaraki
          Reuter  -  104 words
        • Article
          Lock icon MAS to build check-in system at airport
          101 44 Reuter [KUALA LUMPUR] Malaysia Airlines announced on Friday that it had clinched a contract to design and Install a check-in system for passengers at ths new multi-billion dollar Kuala Lumpur International Airport Malaysia Airlines said it had been awarded the deal by a
          Reuter  -  101 words
        • Article
          Lock icon PIA reappoints former MD
          48 44 Reuter [KARACHI! State-owned Pakistan lirnrmifkmai A Mints Corporation has reappointed NawaiTiwana to take up his former poet of managing director on the expiry of Parooq Umer's three-year tenure, a PIA spokesman said on Sunday. He said Mr Tiwana was likely to take charge yesterday.—Rtuter
          Reuter  -  48 words
      • Article
        Lock icon Qantas, BA set up joint offices in Bangkok, S'pore
        228 44 Reuter [SYDNEY] Australia's Qantas Airways Ltd said yesterday it had integrated its operations with those of British Airways pk in Bangkok and Singapore. "The new arrangements involve the establishment of Joint offices in both cities, together with the merging of sales,
        Reuter  -  228 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1225 44 CITY FUGHT ETA fllCHT CTO AMaMa Of 81 1930 0T82 2050 •HPlSJ* CZ354 0920 am too Haaoi VN745 1305 VH744 M05 kmUrim S0327 1535 KL844 0110 OB W740 MM IUJ37 1540 KL838 2335 lUtYal TG407 2120 TG408 0820 soma Z» M895 2255 M896 1920 OH— S0348
        1,225 words
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      Page 29 Advertisements Column 1
      11 29 Crash of an aviation pioneer Fokker loses last battle. Pa(e 2
      11 words
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      Page 29 Advertisements Column 2
      692 29 Toyota, 6M end Aussie partnership Similar un J ons elsewhere not affected. Back Page r QSnHaEHHoa- 1 H Hongkong's Marine Department is offering Hongkong-based mar- itime comingonthe shipping directory in its home page. The di- rectory covers port and ship- ping facilities and services in the colony. To submit details
      692 words
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      Page 30 Advertisements Column 1
      1381 30 wwmmmmmwi' i otwcw destinations i i north ame/hca "1 WMCT CALL TO WEST COAST CBC3Q WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICO SMQAPORE CAUFOWfIA EXFMM FROM WEST COAgT) Ma «f HKSM u va at mi m ok m wocoan vnsa |vot| sm ffig WI Ulljir fMflip "ffTtT IffW Ji_ -ffTTT*'
      1,381 words
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      Page 30 Advertisements Column 2
      193 30 Unes services represented /f/oB\X\ by Members* the Registry of Members olNta AccredNed Shipping Agents. Freight Forwarders Sfeore National Shipping Assoc. Aaaodaion. '^tmrnoiV 3 ShippingTimesOnline Just talk to us... Iris Lim 740-2044 Patricia Chew 740-1645 JarrodLeong 740-2089 Philip Koh *****82 SSSKKKtIKKKIk BUFFALO 22/03 3CVO3 RdnrvAtw/BmnAJK I Loads Hda) lis, Indonsets I-
      193 words
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      Page 31 Advertisements Column 1
      1209 31 POOHC SOUTH WIST EXPtfSS (PttKD [nssa Ivor |hi |aw tu Ism re |u»|b<i|— |oi|wrc|«i I hob I woi I I mw ws I ii/n Inm l»/n |«s/m I w/m I ii/w I n/m 111/w I ii/n I ii/m I ii/m I ij/m I mhaiftii M p/m m/m \nM SB '»/n
      1,209 words
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      Page 31 Advertisements Column 2
      1940 31 OHANJIN SHIPPING [(MNMR/VOT MM 91 |M* |<■ Dfl M |Ml M |MK ]OM I Tit TYI Ml VIC MB m mW—Mi U/M 21/ M I 11/ M 11/ M 12/ M 11/ M M/M U/M g U/M IS/M 11/ M |U/iT~ U>j~ 11/ M M/M g/M "g/M »/M 11/ M
      1,940 words
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      Page 32 Advertisements Column 1
      636 32 KSSa WT HAM fOAM ANT Utt STOI P.HLANG SM MB UO TYO SM KOK MAC ggjgßgjg nsT ~Wr \/3 m 21/3 2S/3 W ~Ui~ li7T ~Ui W imstawß vi *n 4/3 s/3 m ~Pj~ MWDBWS ttiffC ~W 21/2 M 24/3 75/3 ~W7T~ WtNOCTM OtCAIQ 4/3 1/3 V 3 21/3 1/4
      636 words
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      Page 32 Advertisements Column 2
      1001 32 I NORASIA I VESSELVOV [mT] ALOLAS BCLVALHAM BREHOT ANT P*LIMA I a. HUM 111W M IMI MM IM4 IMM 13*4 14*4 15*4 11*4 11*4 IM4 SL VALUE 612W 77*3 11*4 15*4 2M4 21*4 26*4 21*4 22*4 21*4 21*4 2MM SLMTIATM 613W 63*4 23*4 22*4 27*4 28*4 27M »*4 21*4 JM4
      1,001 words
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      Page 32 Advertisements Column 3
      560 32 J APAM/HOMGKOMQ/STRAITS REGULAR SERVICE LOADING FOR PORT KLANG/PENANG «Ma VOY INK P 6UOAN6 «5 shhoshmanou i mpt 21 mar murmimyu WM awn am> B»TWWI i MUM 14 MOW mmm mw ami CHUM BUM 17 MMAfI MUM ffAW~ naunwa i amw ami nmmnmm i aim am mum HAMBY VIKING 2 MNM
      560 words
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      Page 33 Advertisements Column 1
      824 33 |PnV STRAITS SHIPPING PTE LTD |m tmm It l*M Ckiaal Rsatf #11-01 Ksmml Tnran HLH Slnapm KM Til: 22M7SS Fax: 229*117 I. Mm (ASCPfVttiOrCMWANAVWAriONCO) IsnmiM MM la Pari 21 Mar Mm 1 data lUmM* '-wiiiu'w'im'ri l 1^"-'^-'-"'— ■SIHMTSNOR mm ZZMbBMH MmlMnaMl. rewr—.— ■CMMUJUHMHK 23 Mar M Mar UtMM. M*a«ltaaaa. HUBUB
      824 words
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      Page 33 Advertisements Column 2
      1966 33 BfeO CjOtltAl IIAfC Limited T~ rsr SL ll^l 19 Hoc Chiaog Road, #t7-4>l Keppei Towers, Siagapore 0268 first Class Connections WORLDWIDE Tefc22s 2233 -t«i«ur*****4pn0c5p.fu:*****27/*****17 CR Number. **********6 M w i HwrniiT WML 00* t«Q WT* «00 ANT ROT NAM OOT 808 UN 7™ f~~ REQMA MAERSK MO3 11/03 12/03 IMI
      1,966 words
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      Page 34 Advertisements Column 1
      1113 34 -m SSP ROM ANW HM TUP LHV my THf RDM WW Hit NL SGP I E. RACER RW-BM 23/3 12/4 11/4 IV4 1M 17* E GUIDE RE-971 IS/2 21/1 29/2 22/2 23/2 IS/3 18/3 I. RESULT RW-SB7 W HI UN »/l W W I. GIFTEO RE-993 2S/Z 2S/2 27/2 29/2
      1,113 words
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      Page 34 Advertisements Column 2
      931 34 VDSA VOTMI W M W M 111 Iff W VfSSfl VOTMI DM AM DM MM SflP I mmrn tmn* mm vm ot/w 02/04 civ ovm I nim tmton *vi Jvw tvw I HUM Uf24NO 71/03 31/03 01/W H« OW I UHOMWtO IM4IK 17/03 13/03 JVD3 I Alio acoopinq FQ. to
      931 words
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      Page 34 Advertisements Column 3
      575 34 g RICHFIELD MAMNI AQBHCKS 0| PTC LTD TIL: *****33 (12 UNES) FAX: *************** TUX: R8 ***** RHMP (2 Urm) CW NO: **********06 f (N-wlltMrfFttinrfi) ACCEPTING FCL AND CONVENTIONAL VI«««I vay ITA |i inniifn Atoyot 43DKB IMM HIMmmI 42W8 2M6 Momtaa*o|to^ IS v I"EM HUMS UNI, FULLY CONTAINERISED REGULAR LIN*H tfBVKI
      575 words
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      Page 35 Advertisements Column 1
      1433 35 FIXED DAY direct inn HIT TO HAffA -14 BAYS W MEW M 28 DAYS im? rr "ywl *MMW 4#Mft. TH (*—«nl): tttlM tl/MANt/if 4|«*cr 0«* Oftrtllt* Cfit fir *****11 JOHOHf OffKt COSTAR SHIPPING PTE LTD f,,: ttUMt CNWMr.' C—tii—r trt U. *mmi C»»mM*ut 479$ 744 COSTAR ABFMCIFS IM\ SDN BHD
      1,433 words
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      Page 35 Advertisements Column 2
      516 35 B' KAPAL KRIS Shipping Pte Ltd 7M DUXTON ROAD, S?OK 0895W *****74 0. HO. 1.731,*****0 SYARIKAT PERKAPALAN KRIS SENDIRIAN BERHAD 309-609 BLOCK A GLOMAC MJSMSS CENTRE, 10 JAUN SS 6/1, KELANA JAYA, P.O. IOX 8428 ***** PETALMG iKIK SBANGOR. TIL *****77/71/79 FAX: *****07 THfX: MA ***** RiOUOJf CONTAJNIR SERVICE ROM
      516 words
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      Page 35 Advertisements Column 3
      372 35 I FAMOUS CONTAINER UNES ilia" 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) F" DAILY SAILING H TO mim ATTRACTIVE RATES! I CALL FAMOUS FREIGHT FOR BOOKING j SYLVIA KANG IVY *****33 P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22
      372 words
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      Page 39 Advertisements Column 1
      565 39 MM MYANMA PNk FIVE STAR UNE W. lly—f MbHMMI UM) lllfc| fw Y«fM Hf M) wr sm m rat nu "Mm rm mpt mmbm imw la/as MUVSM MM* HIIST(A» SMPPBM MBUB WL IR M-M-*****M KL IK M49-37M111 Mk Tft M-M-*****M PBfc Ift M-47-*****21/4 BANK UNE (A tanfca af AMraw Wair
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      Page 39 Advertisements Column 2
      924 39 ADVANCE CONTAINER LINES (PTE) LTD API 140 Cm! ftraM, #12-00, Pft. BuMflng, *****0 _IMvL: TEL: *****21, FAX: *****18, TELEX: R8 ***** ACLPI. CR NOl 18CM*****0C aM SB «N~ JO m KCXAhHCIA, HBOII X/ 03 V»d 2VCO Srt 27/03 20/03 VMd 23/03 Sa 27/03 V»d »ASnON >13 21/03 n> 23/03 Ma>
      924 words
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      Page 39 Advertisements Column 3
      804 39 ioa376>oooez w m DMimnA lewmae iiamburq Itiiamwuiii wottbroam *«rai» WUWWA vtawr aaQB siam omm imm im tMM wm IM-LE OE CAPBLLA Tl4« MAM OMM IMM 17AM IMM g 2MM VIXEDCUBRA LI4W 02*4 16AM 23AM MM 2MX 27/04 M< |>*LEirAOULA |amw »W 3mm oiam omm mam i« ALSO ACCEPTMQ CAAQO TO
      804 words
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      Page 40 Advertisements Column 1
      1017 40 IVW«a VOY WW JKT VWB. ~~VOY WW WW |M mov ZZ Skk eaoletioe* in tw |mw a* 123/03 i MA PUA 061 Tu I Thu I 21/oTI^M uL I BHATRA BHUM «Bl_ _Thu_ «m_ NAWTA BHUM 288 M Tu> I" B o** 23/09 I tSAA BHUM ***** Fri w«w jhn
      1,017 words
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      Page 40 Advertisements Column 2
      689 40 11 DUXTON HILL, SI NO APORK 0*9395 CR **********0N mmra ihuttu saevia POST KLANG W I m m msa. wr m m mane mm *on i»/wn* nm wu susm mii ovm nmm g*uwa alg wnm mm m\ *is£r MKMP 161 a«M SUM *014 Htm Mi uuw om hum a/Baa in
      689 words
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      Page 41 Advertisements Column 1
      628 41 I //r± SINO EXPRESS SHIPPING (PTI) LTD. M M I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. TEL: *****00 (4 LINES) FAX; *****08 TLX: R*****1 SMOEX SINOTRANS SHAHOHAI (CONTAINER SERVICE) SIN/HKQ/SHAI S'PORE HKQ BHAJ VSSEL VOY ETA I ETP ETA ETP ETA I ETP gWtQYMQ MOMOM USB (WDQ 15AM
      628 words
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      Page 41 Advertisements Column 2
      291 41 I Lowest RATES to:- HAMB/FXT/R'DAM mv "HANJIN HAMBURG" V.025W ETA 25/3 USs2o++ HONGKONG I mv "WAN HAI" 221 V. N024 ETA 24/3 I BANGKOK mv "RATHA BHUM" V. 100N ETA 23/3 CALL: EILEEN, PHYLISS, XIUHUA I QAH I ISL IS-1 mlm I I "I- I I ISESU pi —wi —s%i!
      291 words
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      Page 41 Advertisements Column 3
      19 41 EXPRESS (S) PTE LTD WEEKLY SAIUNG 10 MUARA nt m 07/03 10/03 12/03 15/03 17/03 20/03 PLEASE CALL: *****96
      19 words
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      Page 41 Advertisements Column 4
      167 41 ATTRACTIVE FCL/LCL RATES TO: Indian Sub-Continent Ports MADRAS BOMBAY Astra Shipping Pt< Ltd WEEKLY CONSOLIDATION SERVICE \f& O.K. LINE FULL CONTAINER SERVICE 8* PORE/JAKARTA VESSa VOY ON JKT mi nm am TMBANGVI 7SV72K 2403 2%M S 1 PORE/BURAB AY A/3EM ARANQ vase. voy m wr sm tmm am am TMM
      167 words
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      Page 42 Advertisements Column 1
      463 42 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROU GH THE FAX JUST CALL 740-6000 the shipping I Aggreko Is the reputable name that stands out in the Iteld of deck industry generators for rental. Not surprising, considering these merits. More than 80 depots worldwide to serve shipping clients, largest
      463 words
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      Page 42 Advertisements Column 2
      244 42 TEAMWORK is when everyone nKBKSBB takes responsibility and diligently BoeumsntCM* I work towards achieving the main 9 oal A Q which has been The Total Transportation People i The Total embraced by all at Visa Freight Transportation I i these past ten years. Put your People transportation needs In our
      244 words
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      109 43 LIGEND R Thundartform Tempweh»e c y Shower W#o#wr Wind dbwetion w*h *p««d in knots Rain L/ Cloudy Sky Wov Wrjaw w ndmtad by mnmn •hick 8y wit* ri» wind Cy W r«pr«Mn» ca*n or ight and vonabte wind* 1— On. half fecha npriMnti 5 knot. L* Orm Ml Hcch* rapr**«nt*
      109 words
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