The Business Times, 26 March 1996

Microfilm: NL20586
Total Pages: 60
1 60 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 0412/95 Internet: http://wAvw.asial.com.sg/biztimes SINGAPORE TUESDAY, MARCH 26,1996 85*
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  • Article
    MARKET SUMMARY
    66 1 D 2406J0 (+6.66) mm btoomp U *****7 9.51) mm it-ma U 1150*4 (+2.47) gg luraiiooa: OTWlltBTDOHCBS Monday Chaagr KLSE COUP 1160.83 +20.18 NIKKEI *****.44 +*14.52 HANG SENG *****.76 +8S.M SET INDEX 1364.08 4.62 JAKARTA COMP 585.94 -0.09 MANILA COMP 2878.61 -234 TAIPEI WP1 5067.51 +0J6 8E0ULC0MP 5067.51 +0.96
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  • Article
    FINANCE
    69 1 USS St U8S 1.408 I 1.510 1154 DM 0.671 0.955 ¥too ojm urn Ml. OJSS .0564 HKI .0.121. 0.182 BAHT 0.040. 0.056 BUPIAH101 0041 0.060 FBQB BATES SINGAPORE* 144 KUALA LUMPUR 8.15 JAKARTA 1800 BANGKOK 1178 MANILA 14JM HONGKONG A7S TAffH 8.80 SYDNEY 11.75 TOKYO— JtM SEOUL 12.00 zuwor
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  • Article, Illustration
    Alliance Sec may have to quit business by end of this week
    381 1  -  Banks appear to have withdrawn credit lines; firm said to be wider investigation by authorities Byl By Paul Leo and Lee Yoke Har [SINGAPORE] Mystery surrounds the fate of local brokerage Alliance Securities which is said to be
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  • Article
    Taipei stocks stay firm
    400 1 Regional bourses get a boost from easing of tensions [TAIPEI] Taiwan's stock market yesterday extended its rally, albeit only marginally, to the 10th day after President Lee Teng-hui's convincing victory in the island's first direct presidential elections over the weekend. Analysts said the trend was likely
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  • Article, Illustration
    Hutchison threatens boycott if New World gets port deal
    405 1  -  From Quak Hiang Whai in Hongkong THE bitter tussle over the Tuen Mun River Trade Terminal project between rival consortiums led by tycoons Li Kashing and Cheng Yu-tong has reached new heights, with Mr Li's Hutchison International Port Holdings threatening to
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  • Article
    Former Pacific Can chairman fails in claim for wrongful dismissal
    438 1  -  Edward Goh in breach of his duties to company, judge rules By William Chia [SINGAPORE] The former chairman of Pacific Can Investment Holdings, Edward Goh, has lost his long-standing action against the company for wrongful dismissal. High Court Judge Judith
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      130 1 ZMSKDE j IH =e i j Shwddtkarcbea cram onrauK. Some bankers say yes, considering the trend of rising personal debt among Singaporeans, Pg2 MBVSTIIfIB LAM pnftt nan to $2J7m, pg 17. One of those few companies "annointed" by 1 Indonesian businessmen, tut nothing much mt»S3orn,pg 17. Promising. IPO last September
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      15 1 Foreign investors positive about Taiwan, Pg7 Tokyo stock prices rally on jusen hopes, Pg 10
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      365 1 >96 1 comes today with a special ttripptagThM* supplement to mark the mm, Asia s premier maritime showcase, which kicks off today at the World Trade Centre. Reports on Pg 17,18 EARNINGS NET (sm) GROWTH Aoar <31.0 -<-19% MMt 3.0 +118** FMBoidtap 3.4 -93 <m> 1^ MA?fBtf#CEs of Chinese State
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Credit bureau could stem rising personal debt, say bankers
      589 2  -  Big obstacle: Secrecy clause that stops banks from revealing customer information By i Chan Siew Ling BANKERS say a credit bureau should be set up in Singapore to help tackle the worrying trend of rising personal debt. Of 10 banks interviewed
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    • Article, Illustration
      Lock icon Picture this: e-mail with graphics
      444 2  -  S>>re firm creates revolutionary Picture Mail software Toh Han Shih IN the backyards of Geylang, a few Singaporeans are plotting a revolution. They have set up a software company which promises to do for electronic mail what the World Wide Web (WWW) did for the
      CHRIS LOH  -  444 words
    • Article
      EDB, Hitachi set up semicon assembly plant in China
      411 2  -  Hitachi to own 70% of Suzhon plant to memory chips By 1 Teh Hooi Ling THE Economic Development Board (EDB) has tied up with Japan's Hitachi Ltd to form a four billion yen ($53 million) semiconductor assembly and marketing company in
      411 words
    • Article
      Per capita GNP tops $35,000
      366 2  -  EYE ON THE ECONOMY GDP By. AnnaTeo PER capita gross national product (GNP) last year was $35,036 at 1990 price terms, or 1.7 per cent higher than the original estimate based on 1985 prices. The difference arises from the recent rebasing of the national accounts
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    • Article
      PM, SM, BG Lee donate money from IHT libel suit
      370 2 Bulk of donations go to charities And educational causes PRIME Minister Goh Chok Tong has given away the money he received in libel damages from the International Herald Tribune and one of the beneficiaries is Williams College, his alma mater.
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    • Article, Illustration
      Six pre-war shophouses to go under the hammer
      245 2 SIX Kampong Glam pre-war shophouse units owned by the troubled Valibhoy family will go under the hammer in an auction this week. The properties are being put up for sale following a High Court order, to settle a dispute over ownership of
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    • Article
      LTA invites contractors to be prequalified for N-E line
      401 2  -  By i Christopher Tan THE Land Transport Authority (LTA) has invited contractors to be prequalifled for the design and construction of the 20-kilometre north-east MRT line. The exercise covers 12 major civil engineering contracts. Tenders for these contracts will be called
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      42 2 WHYAREMNCs DOWNSIZING FROM MINIS TO FACT? I I 7Mfl I Real-Time Accounting of course. They are moving UmU out of the old, outdated batch processing accounting to FACT Real-Time Business Accounting MHH INSTANT Software. You can too. Toll Free 1800-*****32 accounting power
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      37 2 Ml f on I y i' ;J' was as predictable. RepubiicPto^fHPSPHl Ngee Ann City |deon Towers The Best Buildings at the Best Bkw/ti mrcentrl Call *****65 1 Singapore, Bangkok, Self-Lock-Vp offict Sm*i K"°'« Lumour, Jakarta Cawpfrto SarttouUSupport
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  • Page 3 Advertisements
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      44 3 Bw^^^Hr y I'' "\J m ..,t^., VNOWWITI Situated in Singapore's prestigious Central Business District, the impressive SIA Building is poised to become a focal point of the city beyond the year 2000. For reservations, call 293-3228. (SB| Edmund TiefrCompany SIA PROPERTIES Unmistakably First Class.
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  • FOCUS: PROPERTY
    • Article, Illustration
      Cheap loans keep the market bubbling
      755 4  -  THE PROPERTY COLUMN Straits Steamship Land. Far East gronp-DBS Land and Liang Com* am developers taking advantage of low interest rates By Lee Han Shih Alan Greenspan and the Federal Reserve Board may today put a damper on the merry party in the property
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      Page 4 Advertisements Column 1
      296 4 Real Estate Management, Services SA on behalf of the Government of South Australia Sftvtcts SA POLICE HEADQUARTERC 30-38 FLINDERS STREET, ADELAIDE SOUTH AUSTRALIA f THE PROPERTY IS OFFERED FOR SALE BY PUBLIC TENDER TENDERS CLOSE ON WEDNESDAY 24 APRIL 1996 DETAILS CONTACT AGENTS IN CONJUNCTION IH3BQ&51I #H Jones Lang Wootton
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      Page 4 Advertisements Column 2
      213 4 MORTGAGEE'S SALE Prime Orchard Strata Office Quality Location Can be split into smaller units 2,281 sq ft Usable Existing Fit-out Offers before Auction Welcomed Suit Owner Occupier/Investor Amara Hotel, Ballroom 2, Level 3 25 April 1996, Thursday, 2.30 pm For further details A inspection, phase contact JLW Commercial Dept. Stuart
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      234 4 15 LEEDON PARK Single storey bungalow with inground swimming pool in a GOOD CLASS BUNGALOW zone Tenure: Freehold Land: approx. 2,979.2 sq. metres (32*068 sq. ft) 3 main bedrooms and 3 accessory rooms and a garage Rich and mature garden Quiet environment amidst lush greenery Legal description: Lot 258/26MK4 I
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Current account deficit on most analysts' mind
      543 5  -  KUALA LUMPUR Interest rates, Bank Negro's views on property will also be hot topics tomorrow By] H oKaj Tat QUESTIONS on Malaysia's current account deficit will take centrestage when Bank Negara governor Ahmad Mohd Don meets journalists and investment analysts tomorrow to release
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    • Article
      Lock icon Japan's security role in Asia hotly debated
      150 5 KUALA LUMPUR MBT SINGAPORE and Japanese representatives found themselves at loggerheads yesterday over Japan's security role in Asia and over the need to be watchfiil of China. During a security conference, dean of the Faculty of Social Sciences at Kyorin University, Tadae Takubo,
      MBT  -  150 words
    • Article
      Lock icon Developing as planned
      248 5 KUALA LUMPUR AFP MALAYSIA'S King Tuanku Jaafar Rahman says the country is now poised to launch the second phase of an industrial blueprint aimed at moulding it into a fully developed nation by 2020. Opening the first meeting of the second session of parliament yesterday. King Jaafar
      AFP  -  248 words
    • Article
      Lock icon Faster approvals for growth triangle projects
      238 5 JAKARTA Indonesia plans to give local bodies greater authority The Straits Times INDONESIA alms to provide faster approvals for projects undertaken within the framework of growth triangles as part of its on-going efforts to boost sub-regional cooperation with neighbouring Asean member-states. Kosim Gandataruna, a
      The Straits Times  -  238 words
    • Article
      Taisun to assemble buses
      189 5 SINGAPORE A SINGAPORE motor vehicle dealer is setting up Cambodia's first plant assembling fibreglass buses for the domestic vehicle market and export to Vietnam. Taisun Automotive Industries Pte Ltd was given an investment licence on March 1 to assemble bus bodies made of fibreglass and fitted
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    • Article
      Lock icon Australia seeks better trade ties with Malaysia
      104 5 DARWIN Reuter AUSTRALIA yesterday pushed for increased trade with Malaysia in the first meeting between the new conservative government and Malaysian leader Mahathir Mohamad. Australia's Foreign Minister Alexander Downer said his meeting with the Malaysian Prime Minister, ahead of talks between Dr Mahathir
      Reuter  -  104 words
  • Page 5 Advertisements
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      192 5 1 "KXif J: .uuT i r tf r-, i k I ICR Hewlett* n mXM Packard mMM viIIIfIHIIIIIH mUHB MIH (It does not, unfortunately, monitor taste.) Introducing the first Hewlett-Packard colour You'll have vivid colours and flawless printing The HP Copy Jet is easily hooked up to a printer-copier. The
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  • FOCUS: INTERVIEW WITH PRINCE NORODOM RANARIDDH
    • Article, Illustration
      Two-pronged fight against graft, red tape
      1207 6  -  Cambodia's First PM Ranariddh talks about strategy to drive its economy onto high-growth, low-inflation path Reports by Harish Mehta PRINCE Norodom Ranariddh says Cambodia must wipe out corruption in two ways: Raise the salaries of civil servants and use the law to prevent it
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    • Article, Illustration
      Foreign help not needed in 1998 polls
      372 6 CAMBODIA will be able to organise its next general election in 1998 without foreign intervention, and will set up its own Election Commission to do so, Prince Norodom Ranariddh said. He was responding to diplomatic concerns in Phnom Penh over the next general
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  • Page 6 Advertisements
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      233 6 in-Depth Business Egcpw News i s SfttgapereEFgiSs-: Perspective t For over two decades Singapore Business has covered the local and regional business scenes with more depth and breadth from mt/ms: 11 I i a perspective which is more relevant to I Profession: I local businessmen than any other I company
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  • FOCUS: CHINA-TAIWAN TENSIONS
    • Article
      Lock icon Foreign investors remain positive about Taiwan
      401 7 But they say they maid wtrry if rivals fail to reconcile and tensions continued Reuter [TAIPEI] Foreign business leaders in Taiwan yesterday expressed confidence in the island's investment climate after its historic presidential election, but urged Taipei to find a peaceful solution to its
      Reuter  -  401 words
    • Article
      Lock icon Taipei official proposes reunification after four years
      358 7 Bat Beging must agree to all-China presidential election Reuter AFP [TAIPEI] A top Taiwan official yesterday made China an unexpected offer reunification after four years so long as Beijing agrees to presidential elections embracing both China and Taiwan. Provincial Governor James Soong's comments
      Reuter; AFP  -  358 words
    • Article, Illustration
      Lock icon China may, hold a 4th military drill: Taipei
      267 7 AFP [TAIPEI] Taiwan's security chief said another round of Chinese military drills was possible after the scheduled end of the third round yesterday in the Taiwan Strait. Gen Ying Tsung-wen, director of the National Security Bureau, told a news conference the possible
      AFP  -  267 words
    • Article
      Lock icon Direct trade, transport ties planned
      177 7 AFP [TAIPEIJ Taiwan's economy ministry said yesterday that it was planning direct transportation, postal and trade links with China, which are banned by law here, but supported by the island's business Interests. "From the economic angle, it would be better for the two sides to
      AFP  -  177 words
    • Article
      Lock icon Big win seen boosting bid to lift Taiwan's global profile
      309 7 AFP ITAIPEI] Lee Teng-hui's overwhelming victory in the presidential elections is a major boost to his ambition to lift Taiwan's international profile despite Chinese opposition, analysts said yesterday. Mr Lee, who garnered more than half the votes in the four-way
      AFP  -  309 words
    • Article, Illustration
      Lock icon Only a small gain for stocks
      52 7 [TAIPEI] An investor watching stocks on video screens in a Taipei securities firm yesterday. The Taiwan Stock Exchange advanced only slightly yesterday as early gains triggered by bullish sentiment following President Lee Teng-hui's win in elections at the weekend were capped by profit-taking, brokers
      AFP  -  52 words
    • Article
      Lock icon US aircraft carriers to stay near Taiwan
      219 7 Reuter [WASHINGTON] The United States said on Sunday that it was keeping two aircraft carrier battle groups on patrol to show its interest in peace in the Taiwan Strait, one day after a presidential vote underlined Taiwan's differences with China. "We're maintaining our
      Reuter  -  219 words
  • Page 7 Advertisements
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      109 7 ROBINSON POINT. IT'S THE SMARTER BUSINESS ADDRESS. TT»w is easy MM to the East Cm Column-free office floors averaging 730 square metres State-of-the-art Building Automation jjgk' Kr{ Plf *H§= gr Make the smart move wow. Syaem <ha, manages ,hc building |SlPptF" CaU 330 6439/330 3643/ more efficlenlly and safety 'z
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  • Page 8 Advertisements
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      336 8 ADD MORE DRIVE TO YOUR LIFE Actually, if you're even thinking of enthuse about. Firmly braced on a double-wishbone suspension with a buying an Odyssey, you already have long wheelbase, and powered by a sweet 2.2-litre engine churning out considerable drive. That's because 145 ps the Odyssey manoeuvres prospective Odyssey
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China warns US against unilateral textile quota cuts
      369 9 B RIJING fUtjjing gUmg ckangM in rales on origin tnH r^lla for larger quotas AFP CHINA and the US began talks here yesterday on a dispute over alleged textile transshipments, with Beijing warning Washington to tread carefully on possible quota cuts. "The
      AFP  -  369 words
    • Article
      Lock icon New rules aim to attract BOT contractors
      130 9 BEIJING AFP CHINA'S draft regulations to encourage build-operate-transfer (BOT) contractors will guarantee contract renegotiations if Beijing changes its economic policies. "If companies operating projects face substantial economic losses due to the readjustment of Chinese policies, they will be allowed to extend the period
      AFP  -  130 words
    • Article
      Lock icon China delays Apstar satellite launch
      224 9 BEIJING Bloomberg Business News CHINA will delay the launch of the Apstar-1A satellite until at least May, said officials at China Great Wall Industry Corp, the satellite launcher. "At the earliest, the launch will be in May," said Ma Qimin, a spokesman for the launch
      Bloomberg Business News  -  224 words
    • Article, Illustration
      Lock icon Getting ready for a deluge
      56 9 [CHINA] Labourers digging a ditch to lay water pipes ahead of the rainy season, after a dry winter that caused drought in most parts of northern China. Authorities in east China are preparing forfloods as heavy rainfall over the past few days have caused water
      AFP  -  56 words
    • Article
      Lock icon China's provisional body can revise HE'S laws
      254 9 HONGKONG AFP A BEIJING-appointed body, to be in place before China resumes sovereignty next year, will have the power to revise and scrap Hongkong laws, a senior official said yesterday. The provisional legislature, which replaces Hongkong's elected legislators after July *****, will have
      AFP  -  254 words
    • Article
      Lock icon HK investors to keep status
      103 9 SHANGHAI Reuter HONGKONG investors in China will retain their status as foreign investors after the colony returns to China in 1997, yesterday's Business News newspaper quoted a senior tax official as saying. The Shanghai-based newspaper quoted Xiang Huaicheng, deputy director of the National Tax Administration,
      Reuter  -  103 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      60 9 Tung Centre 2.333 sf-13,000 sf Parkway Parade 925.36 sf/1,592.48 *f 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 si's--5h9 (A aeaber of Pint
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      Page 9 Advertisements Column 2
      255 9 I The new Amphitheatre at I I Tiger Balm Gardens. I I And a few points in its favour. I m i Be it a kallet performance, a concert, a ckildren s show Close proximity to tke city just 20 minutes from pB I or a product launck, we've got
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  • ASIA
    • Article
      Lock icon Court tells governor to sign lease order
      179 10 TOKYO AFP A JAPANESE court yesterday ordered Okinawa Governor Masahide Ota to sign documents forcing local landowners to renew leases for United States military installations, court officials said. The ruling by the Naha branch of the Fukuoka High Court came three months after
      AFP  -  179 words
    • Article, Illustration
      Lock icon Indian business leaders to lobby for curbs on MNC investments
      511 10  -  NEW DELHI Foreign companies said to have only short-term focns on India By. K P Nayar IN A pre-election move, captains of Indian industry have initiated a campaign aimed at committing the next government to restrictions on multinational investment in
      AFP  -  511 words
    • Article, Illustration
      Lock icon Stocks rise as poll result fuels hopes for jusen plan
      474 10  -  TOKYO Sentiment also buoyed by recovery in household spending By t Anthony Rowley TOKYO stock prices rose sharply yesterday as markets viewed the outcome of Sunday's parliamentary by-elec-tion as positive for ending the jusen (housing loan corporation) crisis threatening Japan's
      Source: Bridge Info  -  474 words
    • Article
      Japan's manufactured goods imports up 31% to US$199b
      233 10 TOKYO JAPAN's imports of manufactured goods rose 30.9 per cent from a year earlier to U*****.6 billion (Ss2Bo billion) in the year to December, the Japan External Trade Organisation (Jetro) said yesterday. Jetro said that although the dollar-based figure partly reflected an
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    • Article
      Lock icon Corporate tax cut needed to give firms a boost: minister
      131 10 TOKYO Reuter THE Minister for International Trade and Industry Shun pel Tsukahara said yesterday that he thought a cut in corporate taxes would be necessary to activate Japanese companies, a Miti official said. He also said such a cut must
      Reuter  -  131 words
    • Article
      Lock icon Australia to ask IOC to forgo profits
      141 10 SYDNEY Reuter AUSTRALIA will ask the International Olympic Committee (IOC) to forgo a guaranteed share of profits from the Sydney 2000 Olympics under a deal struck here yesterday to settle a local row over funding. lOC would surrender its legal entitlement to 10
      Reuter  -  141 words
    • ASIA Notes
      • Article
        Lock icon France, UK, US sign unclear pact
        76 10 Reuter [SUVA, Fiji] France, Britain and the United States signed the South Pacific Nuclear Free Zone Treaty yesterday, agreeing to ban nuclear weapons from the region in a move hailed as ending the South Pacific's role as a nuclear "playground". In a simple ceremony
        Reuter  -  76 words
      • Article
        Lock icon Tamil Tigers kill 15 govt soldiers
        59 10 Reuter [COLOMBO] Sri Lankan Tamil Tiger guerillas kilted at teast 15 soldiers when they ambushed an army patrol in eastern Trincomalee district yesterday, defence officials said. Three soldiers were wounded in the attack by Liberation Tigers of Tamil Eelam rebels, who are flghrtng for
        Reuter  -  59 words
      • Article
        Lock icon Bangladesh banks run low on cash
        71 10 Reuter {DHAKA] Commercial banks in Bangladesh have run tow on cash and are refusing customers money as the Opposition's crippling strikes bring economic activity to a virtual halt, bankers said yesterday. Officials with the banks said clearing by the Bangladesh Bank (the central bank)
        Reuter  -  71 words
      • Article
        Lock icon Tokyo court rejects ex-
        70 10 AFP (TOKYO] The Tokyo High Court yesterday rejected an appeal by a former state minister against a three-year jail term for taking 90 million yen (Stl.lB million) in bribes.' Fumio Abe, 73, was arrested in 1962 for receiving the brftw from Kyowa Co, a Hokkaido-based steel-frame
        AFP  -  70 words
  • Page 10 Advertisements
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      1034 10 ELECTRONIC RESOURCES LIMITED (Incorporated in the Republic of Singapore) The Directors are pleased to announce the Mowing results: 1. UNAUDITED RESULTS FOR THE YEAH ENOED 31 DECEMBER 1906 GROUP COMPANY 1986 1994 ♦<-) 1906 1994 srooo ssooo srooo ssooo Turnover 466,771 233.790 99 100.068 87.669 14 Operating profit before taxation
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  • THE WORLD
    • Article
      Lock icon Conflicting signals so Fed likely to sit on its hands
      457 11 WASHINGTON Analysts expect no action as policy makers need time to sift through data Reuter Reuter, Bloomberg Business News CONFLICTING signals about the economy are expected to keep the Federal Reserve on hold when it meets today to mull possible
      Reuter; Reuter, Bloomberg Business News  -  457 words
    • Article, Illustration
      Lock icon Ministers mull 'mad cow' solutions
      345 11 LONDON Reuter BRITAIN'S cattle farmers braced for a shattering blow to their industry yesterday as experts pondered measures to deal with "mad cow" disease. The government, widely criticised for doing too little, too late to tackle a crisis that has sparked worldwide alarm, could announce
      Reuter; REUTER  -  345 words
    • Article
      Lock icon US home resales rebound after foul weather
      300 11 WASHINGTON Bloomberg Business News US HOME resales rebounded in February as low mortgage rates and milder weather bolstered demand, real estate industry figures showed yesterday. The National Association of Realtors said sales of secondhand homes rose 6.5 per cent in February to an
      Bloomberg Business News  -  300 words
    • Article
      Lock icon 'Mad cow' scare seen affecting markets
      411 11 LONDON But potential costs o! crisis still hazy, says economist Reuter THE deepening crisis over Britain's "mad cow" disease is set to cast a shadow over London financial markets this week as analysts try to quantify the economic consequences of the scare. However, with
      Reuter  -  411 words
    • Article
      Lock icon Kohl's hand strengthened by state elections
      251 11 BONN Reuter CHANCELLOR Helmut Kohl emerged strengthened from three state elections on Sunday, seen as a mid-term referendum, suggesting that Germany now faces a tough round of overdue belt-tightening. Mr Kohl said last week that big budget cuts and a major tax system reform
      Reuter  -  251 words
    • Article
      Lock icon Chirac calls for fixed exchange rate with Euro
      229 11 PARIS AFP FRENCH President Jacques Chirac yesterday called for a fixed exchange rate between the new European single currency, the Euro, and those currencies which remain outside the system for the time being. In an article published in the daily Liberation, Mr
      AFP  -  229 words
    • Article
      Lock icon EU panel to meet on future currency relations
      114 11 BRUSSELS Reuter THE European Union's powerful monetary committee will meet today to finalise a draft plan for future currency relations between countries joining a single currency and those left outside. Sources yesterday said the regularly scheduled meeting would be the last ahead
      Reuter  -  114 words
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      190 11 THE HOTTEST GOLF EVENT IN ASIA MORE THAN 250 PRINCIPAL EXHIBITORS AND AGENTS FROM OVER 20 COUNTRIES PARTICIPATING R HOT FASHION SHOWS First time ever mt Golf Asia. The Ashworth Fashion Show Extravaganza presented by Pan-West. HQT 9HQT9 m Catch the 'Unbelievable' Trickshot rjl Golf Show by British PGA Professional
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  • EDITORIAL & OPINION
    • Article, Illustration
      Party interests hurt efficiency in Cambodia
      784 12  -  OPINION Tim BOTTOMLDTE By Harish Mehta The writer is a BT correspondent specialising in Indochinese affairs THE task of cutting red tape in the Cambodian administration is far from complete, in spite of a sweeping Cabinet reshuffle two years ago. Cambodia's co-prime ministers Prince
      784 words
    • Article
      IN OTHER WORDS
      137 12 'A continuous decline in land prices makes it more difficult for us to recover outstanding loans from the housing lenders.' -wimi*. Japanesefinance minister, on rising number of irrecoverable loans held by insolvent housing loan companies. The Internet of the future will be a combination of a promise
      137 words
    • Article
      Indonesia's national car furore
      601 12 EDITORIAL IT is a sacred article of faith for many developing nations to protect and nurture a "national" automobile industry. Hence companies designated as "national" car-makers receive sweeping concessions while their competitors face prohibitive barriers to entry. Not surprisingly, analysts have mixed feelings about Indonesia's plans
      601 words
    • Article, Illustration
      US prophet of doom
      1128 12  -  Economist argnes tktt fflptaligm and democracy are about to sink into a new Dark Age By\ Leon Hadar The writer is BT's Washington' correspondent ONLY five years ago, an American thinker proposed that with the end of the Cold War, history was coming to an "end".
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    • Article
      Waiting for news on EML
      144 12  -  MAILBOX Denis Distant Singapore *****8 ELECTRO Magnetics Ltd (EML) has been suspended from trading since July 6, 1995. On July 27, 1995, Business Times reported ("EML poised to come back") the company to have said it was "finalising finance deals with bankers to provide sufficient
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    • Article
      WHAT THE OTHERS SAY
      196 12 PAT Buchanan will not be the Republican candidate for president this year. But he has become a political and moral liability to the Republican Party, to Americans who usually vote Republican and to Democrats thinking of doing so this November. Buchanan...would have been a long time
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  • Page 12 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon A walk down the Oscars' memory lane
      1691 13  -  sdsan edto brings you a little trivia before the glitz SUSAN KING LAT Bits and pieces from the Oscars: CHANNEL SWITCHERS: Several of this year's acting nominees have a television history. Best actress nominee Elisabeth Shue (Leaving Las Vegas) played Craig T Nelson's
      LAT  -  1,691 words
    • Article, Illustration
      Lock icon What goes through their minds?
      581 13 Winners tell of that never-to-be-repeated LAT [HOLLYWOOD] Did you ever wonder what was going through the heads of Academy Award winners when they heard their names announced? Some of them were asked to recall their emotions at the exact instant they heard, "And the winner
      LAT  -  581 words
    • Article
      Lock icon On-line to the Oscars
      389 13 The world of film has fonnd a home in cyberspace NYT [NEW YORK] Alan Goodrich gagged when he heard the nominees for last night's Oscar ceremony. So he did what any self-respecting 18-year-old would do these days: He posted The Academy Awards Protest Page on the
      NYT  -  389 words
    • Article
      Lock icon Revolution stirs stage at Odeon
      616 14 THEATRE Director to set op travelling troupe to let new audiences experience theatre Reuter [PARIS] A touch of revolutionary fervour is set to sweep the stage again at Paris's Odeon theatre, which was seized as an anti-establishment symbol in the May 1968 student-work-er riots which
      Reuter  -  616 words
    • Article, Illustration
      Lock icon Something to crow about
      64 14 [BAUMHOLDER, Germany] Grammy award-winning singer Sheryl Crow holds up a coin of the First Armoured Division after it was presented to her following a performance in front offamilies deployed at Baumholder military base, on Sunday. Crow is travelling with First Lady Hillary Rodham Clinton who is
      REUTER  -  64 words
    • CHATTER Box
      • Article, Illustration
        Lock icon Stone visits Mexican rebels
        131 14 Reuter [SAN CRISTOBAL DE LAS CASAS, Mexico] Oscar-winning director Oliver Stone spent last night with Zapatista rebels in southern Mexico instead of attending this year's Academy Awards ceremony, a Mexican legislator organising his trip said. Stone, whose latest film Nixon has been nominated for several Oscars,
        Reuter  -  131 words
      • Article
        Lock icon Seven Razzies for Showgirls
        127 14 Reuter [LOS ANGELES] Showgirls set an all-time record for lameness in Sunday's Golden Raspberry Awards for the worst achievements in movies. The striptease drama won j seven Razzies, as the awards are known, including worst picture, worst actress (Elizabeth Berkley), worst screenplay (Joe Eszterhas) and worst
        Reuter  -  127 words
      • Article
        Lock icon Honours for Leaving Las Vegas
        91 14 Reuter (LOS ANGELES] The movie Leaving Las Vegas was the big m winner at the 1996 Independent Spirits Awards on H Saturday, taking four of the 12 honours presented. It was voted best feature film while director Mike Figgis took the ft{ best director award,
        Reuter  -  91 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      178 14 WHERE TO WINE, DINE AMD ENTERTAIN f TZZZZZZZZZIZ^* R[2t TLovem mmm V&aV&AA LONG BEACH SEAFOOD RESTAURANT (Mm* Bemm*) Tet 445 8833 9*m to Smgaporo Tara Cmtnl 1018 Eaat Com PmUmt S*Q*m 1844 Opwi My: 11.00 am 3.00 pm ft 500pm 11.15 am (Sal ft hm of Hofed* 1. IS ami
      178 words
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      Page 14 Advertisements Column 2
      162 14 12-31 March 96 Savour our hawker delights from Prawn Mee Soup, Laksa, Roti Prata, Popiah to mouth-watering desserts. Certainly a feast worth indulging! Only at Cafe Carousel! For reservations, please call 831 2868. Lunch: $16.80 (adult) $10.80 (child below 12) Dinner: $18.80 (adult) $12.80 (child below 12) Price* an smlftel
      162 words
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      Page 14 Advertisements Column 3
      163 14 "GOOD OLD FASHIONED FUN. AT CLUB 5." English and Chinese aN-time favourites performed 'live'. Drinking and dancing. Fashion show every Monday and Thursday. Happy Hours Monday to Friday, 5 pm to 8 pm, with one for one standard drinks. Club 5. If s the place for good oid fashion fun.
      163 words
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      Page 14 Advertisements Column 4
      118 14 I MORE THAN JUST I SEAFOOD! I Betide* live /tetfood, Singapore's largest outdoor seafood restaurant offers the Instant Asia Cultural Show at no extra chage! Available front 8 pm to 8.40 pm, Mondays to Friday*. SIRSfI IRR seafood restaurant 920 Bast Coast Parkway, Singapore 1544. Tel: 343 1111 Butterfly BAR
      118 words
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      Page 14 Advertisements Column 5
      159 14 Lunch with a difference at The Mezzanine. Our Sophisticated Sandwiches, with names inspired b)r j faraway places, are a trip in themselves So are our quiches, salads J and sinful desserts In the inviting ambience of The Mezzanine, J youll indeed have a most pleasurable lunch For reservations please call
      159 words
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      Page 15 Advertisements Column 1
      483 15 Where to wine, dine and entertain lcsbbyl6u!nge Live Entertainment at L LOBBY LOUNGE Peach Apple p Tree and > Two versatile Bands from the Philippines will keep you swinging through the night with the toppers, Rock Country Western and Evergreens. APOLLO HOTEL SMBAPOM MNMIOCXKMaMOtfQMIWUTfL 7UMI TILIWU mint TIUM W HWT
      483 words
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      Page 15 Advertisements Column 2
      115 15 V, v 1 >1"* i Singapore Business < V v v; -v v <"•». •%*>■ V >■'. v *>»J I > 1 J'V <•:<+•* wj Giving you the winning edge jj El 2nd Hoar RGUC Budckrif W73MCV736<*3ym»44 {Caajleligh Dinner A candlelight dinner, oysters, salmon and strolling serenaders wiN surely spice
      115 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      783 15 TVVRADIO PNHlaivlt < m 5.00 Sella-Vision *30 Muzik Muzik. CUM See Wednesday's Sched- 10.00 Memo. LOO PM The Winners. 10.30 The Science Show. L3O Money, Money ILOO Tunas LOO Management Today. *00 AM The Bots Master. L 25 AM Close. *30 TV Innovations. 430 Animated Cartoons. <mmM I 3.00 The
      783 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      258 15 CRYPTIC CROSSWORD ACROSS F E B p I I HE HK 1 Condemn unheard before an ar BB" 9 Both bare parts disguised in tow- MM 10 Poem is among those picked out I 1 I I I I I P 2 I 11 Promise to retain a single weapon
      258 words
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  • THE GOLF PAGE
    • Article, Illustration
      Titirangi: golfing in paradise
      1806 16  -  This New Zealand course has earned the respect of the world's top professionals, says micklausd'GßUS NICKLAUS D'CRUZ Titirangi boasts of being able to offer you a nearly similar experience to playing at some of the world's most renowned courses like Augusta National, Cypress Point and Royal
      1,806 words
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      Page 16 Advertisements Column 1
      343 16 1 Z •TZr- 7! T^dl"*ffiSf *sWF|fc r£&. *>. MHHk r "rf /j~_\ "ar%< {f r r^.C--.>■*/•• flKin comfort in the 'Pride of the Pacific 1 £f "SH BIUAQIM 1 Air New Zealand with your best golfing Return air-ticket to Auckland partner, New Shan Travel Service, for a on Air New
      343 words
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  • COMPANIES & MARKETS
    • Article
      L&M's profit more than doubles to $2.97 million
      411 17  -  PES still a high 152 based on yesterday's closing price of $3.04 By Lee Han Shih (SINGAPORE] Specialist contractor LAM Group Investment, now counting President Suharto's second son as its chairman, yesterday reported -a more than doubling of its profit to $2.97
      411 words
    • Article
      SBS to seek property go-ahead
      291 17  -  Plan to seek shareholder approval for diversification to Diana Oon {SINGAPORE] Singapore Bus Service (SBS) plans to seek shareholder approval for its proposed diversification into property development This follows last week's -'news of its top bid of $141 million for a prime residential parcel in
      291 words
    • Article
      Approval for SCMP's revised TVE offer open to challenge
      875 17  -  HOCK LOCK SIEW Catherine Ong THE decision by the Hongkong Securities and Futures Commission (SFC) to allow the South China Morning Post (SCMP) to revise its takeover offer for TVE (Holdings) after its first bid failed is ill-con-ceived and can easily
      875 words
    • Article, Illustration
      Lock icon Acer Computer's maiden net earnings up 19% to $31m
      366 17  -  By' Teh Hooi Ling [SINGAPORE] Acer Computer International (ACI) yesterday reported impressive maiden results, with group net earnings rising 19 per cent to $31 million for the year ended Dec 31,1995. The figure is considerably higher than the company's forecast of
      ARTHUR LEE  -  366 words
    • Article
      CityDev unit goes into upmarket city club business
      371 17  -  Joint venture with ClabCorp Asia takes np top three floors of Republic Plaza tower By, Agnes Wee [SINGAPORE] Property giant City Developments Ltd is diversifying its interests in the hospitality-related industry into the upmarket club business. Its wholly-owned subsidiary, Eton Properties, recently
      371 words
    • REGIONAL COMPANIES
      • Article
        QAF to sell stake in Brunei unit
        292 18  -  Group to suffer net loss of *****,000 based on selling price of B$lL2 million By William Chia [SINGAPORE] Food group QAF Ltd is planning to sell its 55 per cent stake in Brunei-in-corporated QAF Holdings Bhd to Baiduri Holdings for 8511.2 million (5J11.2
        292 words
      • Article, Illustration
        OCBC unit launches infrastructure trust
        282 18 [SINGAPORE] OCBC Asset Management, which yesterday announced the launch of its Savers Asia Infrastructure Fund (Saif)> expects to launch at least three more unit trusts this year. OCBC AM chairman Elizabeth Sam said this was a good time to launch a unit trust, as there
        282 words
      • Article
        General Magnetics still in the red
        202 18 [SINGAPORE] Audio tape maker General Magnetics remained in the red, with a group net loss of $1.1 million for the year ended Dec 31,1995. Turnover rose 13 per cent to $55.4 million but high prices for raw materials, the weakening US dollar and low
        202 words
      • Article
        Hotel Negara posts $1.4m loss
        183 18 [SINGAPORE] Hotel Negara yesterday reported a group net loss of $1.45 million for the year ended Dec 31,1995. The Claymore Road hotel had been closed for several years for redevelopment, which was completed in the second half of last year. When it re-opened, initial sales
        183 words
      • Article
        Heshe loss down 2% on higher turnover
        266 18 [SINGAPORE] Garment maker and retailer Heshe Holdings has snipped its interim loss by 2 per cent to $3.29 million on the back of a 10 per cent turnover increase to $104.82 million for the half-year ended Dec 31,1995. And the company expects to
        266 words
      • Article, Illustration
        Elec & Eltek interim net earnings up 36%
        380 18 Elec Eltek interim net earnings up 36% [SINGAPORE] Printed circuit board maker Elec Eltek International yesterday reported a 36.3 per cent rise in interim group net earnings for the six months ended Dec 31,1995. It also announced a HK1170.3 million ($3l million) purchase of a 143,563 sq ft piece of
        380 words
      • Article
        Lock icon Mandarin Oriental scraps Viet hotel project
        332 18 Group fails to reach accord with Saigon Centre developers AFP [HANOl] The Mandarin Oriental Hotel group has decided to scrap plans to build a five-star hotel in Ho Chi Minh City after failing to reach an agreement with developers of the Saigon Centre complex,
        AFP  -  332 words
      • Article
        Electronic Resources earnings double
        249 18 It proposes l-for-5 bonus and bond com warrant issues [SINGAPORE] Electronic Resources Ltd's net earnings for the year to December nearly doubled to $7.6 million from $3.9 million previously, on the back of strong growth in the electronics industry. Turnover also doubled to $465.77 million. The
        249 words
      • Article
        Lock icon Super Coffeemix plans bonus
        125 18 Reuter [SINGAPORE] Super Coffeemix Manufacturing Ltd said yesterday it was proposing a bonus share issue of 100 million new shares on the basis of one new ordinary share of $0.05 each for every two existing shares held. The company said in a statement it was also
        Reuter  -  125 words
      • COMPANY Briefs
        • Article
          UE unit secures $110m loan
          48 18 [SINGAPORE] United Engineers' subsidiary United Tech Park Pte Ltd has secured a 10-year, >110 mill inn Win from The Great Eastern Life Assurance Company, OCBC Bank and DBS Bank. The loan is to finance the development at the UE Tech Park warehouse complac.
          48 words
        • Article
          DBS Bank buys China Square site
          56 18 [SINGAPORE] DBS Bank has clinched a 8,077 square metre land pared in China Square at a price at 5367.31 million or about $8,611 psm per plot ratio. The land, located at the junction of Cross Street and Telok Ayer Street, will he developed jointly
          56 words
        • Article
          Omni Mold, Pivot Group in joint venture
          36 18 [SINGAPORE] Omni Mold has formed a 50-50 Joint venture with Pivot Group Pte Ltd called Omni-Pivot Pte Ltd, which deals in plastic injection molding, secondary processes and sub-assembly services.
          36 words
        • Article
          ITE Electric earnings down 10%
          58 18 [SINGAPORE] ITE Electric Co Lid's earnings fell 10 per cent to $1.06 million, despite a 9 percent riss in turnover to $28.86 million. Earnings per share came to 2.66 cents while net tangible asset backing per share rose 5 per cent to 8&flt cents. A
          58 words
        • Article
          Pun Malayan profit dives $3%
          56 18 [SINGAPORE] Pan Malayan Holdings' earnings for the year to December 1996 plunged 93 per cent to $3.4 million from $48.9 mimon previously. Earnings per share fell to 11 cents but net tangible asset backing par share roes 8 per cent to $3.72. A final dividend
          56 words
      • Article
        J Fleming says UK probing its fund management unit
        233 19  -  News of probe comes after Jardine sacks four HK floor traders for *rat trading* From Quak Hiang Whai in Hongkong JARDINE Fleming Holdings yesterday said its London-af-filiated fund manager Jardine Fleming Asset Management Ltd (JFAM) is being investigated by the British
        233 words
      • Article
        Group offers to buy HK Noble shares
        265 19  -  Mm may result in Misting from HK exchange, says firm By\ Shiv Taneja [SINGAPORE] A consortium, which includes the United Overseas Bank group, has made a cash offer of HK12.05 per share for all the outstanding shares of Hongkong's Noble Group Ltd. Noble,
        265 words
      • Article, Illustration
        Lock icon Star aims for China pay TV market with Phoenix
        276 19 Reuter [HONGKONG] Rupert Murdoch's Star TV yesterday announced a new Chinese TV service which it hopes to develop into a pay TV network in China, ending the latest round of speculation about its intentions in the vast market. Star, owned by
        Reuter  -  276 words
      • Article
        Lock icon Henderson China's IPO 3.4 times subscribed
        121 19 Reuter [HONGKONG] The initial public offering (IPO) of shares in Henderson China Holdings Ltd, a unit of Henderson Land Development Co Ltd, was 3.4 times subscribed, Henderson China said in a statement yesterday. Henderson China holds and manages all Henderson Land's property development and
        Reuter  -  121 words
      • Article
        Wharf's cable TV business loses HK$825m
        472 19  -  11% rise in group earnings well below market expectations From Quak Hiang Whai in Hongkong HONGKONG-LISTED Wharf (Holdings) said its cable television business lost HK1824.8 million (*****.1 million) last year although other exceptional items helped boost group earnings by 16.26 per cent to HK13.6
        472 words
      • Article
        Lock icon Analysts expect sharp fall in TVB earnings
        168 19 Reuter [HONGKONG] Hongkong's dominant local broadcaster Television Broadcasts Ltd (TVB) is forecast to report a sharp drop in earnings for 1995 as advertising revenue declined in a sluggish economy, analysts said. On average, analysts expect TVB's profits to drop 15 per cent to
        Reuter  -  168 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Cigarette studies suppressed: scientist
        453 20 Philip Morris accused of terminating projects to develop a safer cigarette Bloomberg Business News Reuter [NEW YORK] Philip Morris Cos suppressed development Of a safer cigarette out of fear of litigation, a former company scientist said. Lan Uydess, a senior researcher for 11 years at the
        Bloomberg Business News; Reuter  -  453 words
      • Article, Illustration
        Lock icon Inchcape pic axes chief executive, cuts dividends
        543 20 M Group implements strategic review to give it sharper focus Reuter [LONDON] International trad•er and motor car distributor Inchcape pic replaced its chief •executive yesterday and slashed its dividend in a drastic response to a dive in annu•al profits last year. The company
        Reuter  -  543 words
      • Article
        Lock icon Branson's Virgin seeks to attract retirement funds
        401 20 Company plans to introduce the service in the next 90 days Bloomberg Business News [NEW YORK] British conglomerate Virgin Group Ltd's next venture will be attempting to attract individuals' retirement funds, said Richard Branson, the company's chief executive officer. Virgin will introduce the
        Bloomberg Business News  -  401 words
      • GLOBAL Briefs
        • Article
          Lock icon NTT buys stake in US software developer
          67 20 Reuter (TOKYO] Nippon Telegraph and Telephone Corp (NTT) yesterday said it had acquired a 5.4 per cent stake in California software developer Wink Communications Inc for US$2.4 million (553.4 million). NTT and Wink would cooperate in development and licensing of software for interactive
          Reuter  -  67 words
        • Article
          Lock icon 3Com, Com21 to jointly develop modems
          77 20 Bloomberg Business News [SANTA CLARA, California] 3Com Corp on Sunday said it bought an equity stake in closely held Com2l Inc and would work with the company to develop cable modems. Terms of the investment weren't disclosed. 3Com, the second-biggest computer-networking equipment makgr after
          Bloomberg Business News  -  77 words
        • Article
          Lock icon Mitsubishi firms to form Thai venture
          75 20 Reuter [TOKYO] Mitsubishi Chemical Corp, Mitsubishi Gas Chemical Co Ltd (MGC) and Mitsubishi Engineering-Plastics Corp (MEP) yesterday said they would form a joint venture in Thailand to produce polycarbonate resin. It will be capitalised at 1 billion baht (5555.7 million) and 60 per cent
          Reuter  -  75 words
        • Article
          Lock icon Japanese vie for US supercomputer deal
          47 20 Reuter [NEW YORK] NEC and Fujitsu are bidding to supply a supercomputer to the US National Center for Atmospheric Research, The New York Times reported yesterday. It is the first time that another country has challenged to provide US government technology.—Reuter
          Reuter  -  47 words
        • Article
          Lock icon CNAO wants more more 6% of Dragonair
          64 20 Bloomberg Business News [HONGKONG! China National Aviation Corp (CNACX controlled by China's airline regulator, wants to buy more than 6 per cent of privately held Dragonair, the South China Morning Post reported, citing unnamed sources. That's more than what Swire Pacific Ltd and
          Bloomberg Business News  -  64 words
      • Article
        Lock icon Halifax to pay £802m for Clerical Medical
        237 20 NYT [LONDON] Halifax Building Society has reached a deal to buy Clerical Medical Investment Group for £802 million (Ssl.7 billion) to increase its life insurance business. Halifax, which plans to convert to a bank next year, yesterday said the Clerical Medical brand will
        NYT  -  237 words
      • Article
        Lock icon Moody's may downgrade Sega
        276 20 AFP [TOKYO] Moody's Investors Service Inc said yesterday it had placed the long-term debt rating of Japanese gamesmaker Sega Enterprises Ltd under review for a possible downgrade. The New York-based credit rating agency said the A-3 senior unsecured long-term debt rating for Sega and its supported
        AFP  -  276 words
      • Article
        Lock icon Matsushita to buy stake in DirecTV Japan
        166 20 Reuter [TOKYO] Matsushita Electric Industrial Co Ltd will acquire a 10 per cent stake in DirecTV Japan (DTVJ), which plans to launch 100-channel digital satellite broadcasting in Japan in 1997, Matsushita announced yesterday. "The investment is aimed at coping with diversification in Japan's
        Reuter  -  166 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Global bond issues running at record pace
        491 21 USslM.4b raised in first quarter is 80% more than last year's quarterly rate IHT [PARIS] Although the recent selloff in bonds translates into a bleak first quarter for investors, underwriters have reason to be cheerfUl: issuing activity is running at a record pace.
        IHT  -  491 words
      • Article
        S'pore, Manila sign repo deal
        173 21 [SINGAPORE] As part of a regional effort to maintain stability in the foreign exchange market, Singapore and the Philippines signed a repurchase agreement yesterday. The memorandum of understanding was signed by Gabriel Singson, governor, Bangko Sentral ng Pilipinas and Lee Ek Tieng, managing director, Monetary
        173 words
      • SMALL Change
        • Article
          Lock icon Nipp Credit Bank to close German unit
          54 21 Reuter {TOKYO] Nippon Credit BMk Ltd wiß clUiits wholly-owned German subsidiary Nippon Credit Bank (Deutschland) AG by September Wft, a bank spokesman said yesterday This is aimed at raising efficiency in its European business and boosting its restructuring efforts to cope with planned
          Reuter  -  54 words
        • Article
          Lock icon Niss Iwai's 35b yen
          59 21 AFP [TOKYO] Major Japanese trading house Hisaho lwai Corp will book an extraordinary loss of 38 billion yen (***** million) in the year to March 1988 on liquidation of trust ftmd Investments, a company official said yesterday. Asa result, the company wittpost a net parent loss
          AFP  -  59 words
        • Article
          Lock icon Pama-led group to TVN
          75 21 Reuter [SYDNEY] Inteißfttionai Media Management (Holdings) Ltd(lMM)saidTl nilimllsl fusil MjBlp||iHlll <1 illT 111 (Pama) and co-Inveetsrt)ntend to inject abqwtAs3o million (5132.7 million) of equity capital into IMMs subsidiary, Network (TVS). P» is tlis manager of esrtain assets of the Prudential Ineu*wsee<fctf4»edca and owns 20 per cent
          Reuter  -  75 words
        • Article
          Lock icon Nissan to get for yen
          41 21 Bloomberg Business News [TOKYO] The FlfaaitceMifiistry win extend approval for N issan Motor to sell up to 280 billion yen <BsB3 billion) in corporate txmda for another two jNNrtqgMareh 30, ministry documents said. Bioomfmg fHifrnjj News
          Bloomberg Business News  -  41 words
        • Article
          Lock icon O American bank to get
          31 21 AFP [BUENOS AIRES] The Central American Bank tor Economic Integration will fecsiveaOSlMOmifflon (***** million) injection from Japan's Sxfiort-fiaport BeraWE week, sources at an saidon Sunday. —AFP
          AFP  -  31 words
      • Article
        Lock icon Fed set to release high-tech US$100 bills to fight fakes
        460 21 Muck of new notes worth USsBob likely to flow overseas NYT [WASHINGTON] The Federal Reserve was to release new US$lOO bills with off-centre likenesses of Benjamin Franklin yesterday, and, based on past experience, most of them will soon be abroad.
        NYT  -  460 words
      • Article, Illustration
        Lock icon Testing for contaminated wheat
        68 21 [HOUSTON] Bob Myers, supervisor at Houston Public Grain Elevator, looking over the wheat being loaded onto the ship Jin Shun as it prepared to depart to Egypt from the Port of Houston at the weekend. The Agriculture Department has quarantined 30,000 bushels of durum wheat at
        REUTER  -  68 words
      • Article
        Lock icon UK set to back accord on easing global banks' capital needs
        444 21 Pact helps banks cat their interbank deposit market risks FT [LONDON] UK banking officials are expected to give the go-ahead today to a legal agreement that could slash hundreds of millions of dollars from the capital requirements of international
        FT  -  444 words
      • Article
        Lock icon Accountants in BCCI wind-up overcharged £1m: report
        276 21 Financial Times [LONDON] British accountants called in to wind up the Bank of Credit and Commerce International (BCCI) have been accused, in a confidential report, of overcharging creditors by £1 million (552.2 million) in the immediate aftermath of the bank's collapse. The report
        Financial Times  -  276 words
      • Article
        Lock icon China delegates supervision of its securities, futures
        339 22 Securities watchdog empowers 24 of its local offices to probe irregularities Reuter [SHANGHAI] China's securities and futures watchdog has delegated to local subordinates the power to deal with irregularities involving sums of up to three million yuan (*****,200) a circular said yesterday. The
        Reuter  -  339 words
      • Article, Illustration
        Lock icon NZ$ to reach parity with A$ soon: UBS
        366 22 Bank economists see both moving to US$O.7O by year-end Reuter [WELLINGTON] The New Zealand dollar will achieve parity with the Australian dollar by year-end, international economists said yesterday, forecasting that both currencies would move to US$O.7OOO. In a commentary, Union Bank of
        Reuter; Source: Bloomberg; BCRUZ  -  366 words
      • Article
        Lock icon Rubber prices to rebound this week?
        329 22 Reuter [SINGAPORE] Indonesian and Malaysian traders said yesterday that rubber prices could rebound this week on hopes that the end of a strike at US car giant General Motors would spark fresh tyre manufacturer buying. But other South-east Asian traders were less optimistic, saying
        Reuter  -  329 words
      • Article
        Lock icon Arab Insurance Group 1995 profit leaps 81%
        193 22 Bloomberg Business News [MANAMA, Bahrain] Arab Insurance Group (Arig), a Bah-rain-based international reinsurer, said 1995 net profit jumped 81 per cent on the back of rising investment and underwriting income. Net profit rose to U5536.6 million (5151.6 million) with its UK subsidiary, Arig
        Bloomberg Business News  -  193 words
      • Article, Illustration
        Lock icon Indonesia okays new crude oil price formula
        162 22 Reuter [JAKARTA] Indonesian Mines and Energy Minister Ida Bagus Sudjana said yesterday the government has approved the new crude oil price formula to boost prices. The new formula would be effective April 1, he said. "Changes to the formula have been approved. The
        Reuter  -  162 words
      • Article
        Lock icon Lloyd's reaches accord to pay Louisiana claims
        183 22 NYT [BATON ROUGE, Louisiana] Louisiana state regulators have reached a standstill agreement with Lloyd's of London so the troubled insurance company can continue to pay claims to its policyholders in Louisiana. Two state agencies one representing insurance policyholders and the other representing investors
        NYT  -  183 words
      • Article
        Lock icon Euroyen eases on Nikkei's rise
        236 22 SI HIKE Report Reuter [SINGAPORE] Simex Euroyen futures held above crucial support levels but ended on a weak note following a rise in Nikkei futures. September Euroyen hit a low of 99.01 when the June Nikkei breached the 21,000 points barrier, but its failure to
        Reuter  -  236 words
      • Article
        Lock icon CURRENCY REPORT
        162 22 Reuter AFP London THE dollar traded in familiar ranges in Europe, treading water after dealers liquidated long positions overnight as Taiwan's presidential elections ended in a victory for President Lee Teng-hui. Dealers sold long dollar positions built up as a safe haven prior to the elections as ChinaTaiwan
        Reuter; AFP  -  162 words
      • Article
        Lock icon Oil futures decline as product prices slump
        309 22 ENERGY REPORT Bloomberg Business News [LONDON] Oil futures declined on both sides of the Atlantic as US refined product values slumped after last week's surge. After an excessive rise or fall in futures prices, traders often bet against the prevailing trend and seU
        Bloomberg Business News  -  309 words
      • Article, Illustration
        Untitled
        1222 22 DtTHRBAini CPMlDfCT RATB8 4pm, Mar 25 AfotaotSS Afatet USS >|ilirt SJ Afotast USS Cfrtwdw BM 0ffor m Off* Cwt—cto M Offtf Hi Off* St'USS lo on* unit of Ibrriffn currrncy: StVSS to 100 uniU of htrtign eurrmcy: AMtraHM Ml* 1.0091 1090* 0.77J9 0.7744 Frmch fr«K 27.0*35 77.MM 19.7992 19.0032 Cwta
        1,222 words
    • Article
      COMMODITY PRICES
      1673 23 *****1 V"UTU«BS Mar 25 MJMIt (tomdaatatM* UQ«a) tSS 1CONTIACT (S cMtsA#) CtoM Mm OfM Moatt W» Law Satt (to—»> tetamt Apr 96 217.50 MO 475 May 96 215.50 2IL50 213.50 2625 51T5 Jw 96 210.00 210.00 210.00 1450 2550 Jut/Sap 96 210.50 ***** 207.00 6750 ***** Oct/Dac 96
      1,673 words
    • Article
      WORLD STOCK MARKETS
      2257 23 LOMMN mn hK» K A. Corp Adr 633/4 V4 AB Ports 290 -3 Abday National 566 -8 ARM Lyons 496 V2 -13 Amac 100 -2 AMf 305 -61/2 Asda Group >041/2 *1/2 BAT Ind 499 -4 BICC 3341/2 1/2 80C Group 886 -1 BRPatrolaum 556 *2 ■TR
      2,257 words
    • Article
      Lock icon TOKYO
      1659 23 Reuter P Nikkei 225 *214^2 STOCKS retained the gains they made in the morning and closed higher on index-linked buying led by higher futures. But business was slow, with traders staying sidelined as yesterday was the last trading day for March delivery of cash stocks. The 225-share Nikkei Average
      Reuter  -  1,659 words
    • Article, Illustration
      Lock icon HONGKONG
      1650 24 AFX-Asia Q Hang Seng SHARES closed off their highs in a day of thin trading dominated by futures-led activity. The Hang Seng Index closed up 85.03 points at 11,111.76. Turnover was HK54.99 billion. A dealer said he expects the market will find support at around 11,000 points this week.
      AFX-Asia  -  1,650 words
    • Article, Illustration
      Lock icon CHINA
      561 24 Reuter QShugbiß Shire lata AOB THE Shanghai B market ended weaker, but off intra-day lows, in dull trading. The B Index fell 0.06 point to 50.98, up from an intra-day low of 50.68, on volume of 2.8 million shares worth US$l.2 million. "A wait-and-see attitude dominated the market, with
      Reuter; Source:  -  561 words
    • Article
      Lock icon TAIPEI
      355 24 AFP HwPhit **M STOCKS advanced slightly, as an early rally triggered by President Lee Teng-hui's election win at the weekend was offset by profit-taking. 'Today's profit-taking was normal as President Lee's reelection had more or less been reflected over the past week," said an analyst. The Weighted Price Index
      AFP  -  355 words
    • Article, Illustration
      Lock icon JAKARTA
      716 24 Bloomberg Business News PjOomnotgtelniex 4M STOCKS were little changed as a rise in Bimantara Citra offset a decline in Hanjaya Mandala Sampoerna, a maker of clove cigarettes, on concern about Sampoerna's future tax liabilities. Expectations that the government will soon push Sampoerna into a higher tax bracket are hurting
      Bloomberg Business News  -  716 words
    • Article, Illustration
      Lock icon BANGKOK
      784 24 Bloomberg Business News n SET Mat -ua STOCKS fell, led by property issues, on expectations the Federal Reserve will not cut US interest rates at a rate-set-ting committee meeting today. "Property is declining," said a trader. "It doesn't look like developers are going to get the rate-cut they need
      Bloomberg Business News  -  784 words
    • Article
      Lock icon MANILA
      275 24 AFP Q Manila -2J4 SHARE prices closed lower as the traditional pre-Holy Week slump took hold. The Composite Index closed 2.94 points down at 2,878.61. Turnover was 10.9 billion shares valued at 1.9 billion pesos. Alson's Cement, which was listed yesterday, diverted much of the market's attention. It closed
      AFP  -  275 words
    • Article
      Lock icon SEOUL
      340 24 AFP pjC—Mfafajg -Ml SHARE prices closed lower as Investors took a wait-and-see attitude in a quiet market. The Composite Price Index slipped 5.49 points to 863.27. Turnover was 19.5 million shares worth 347 billion won. Falls beat risers 558 to 206. The market started marginally higher following a downward
      AFP  -  340 words
    • Article
      Lock icon SYDNEY
      562 24 AFP HilOrttoriw tIM SHARES closed higher as BHP ended a two-day slump to lead other stocks higher. The All Ordinaries Index rose 10.4 points to 2,255.4. Turnover was 217.8 million shares valued at AJBO&3 million with rises outnumbering falls 457 to 400. BHP slumped to a fourmonth low of
      AFP  -  562 words
    • Article
      Lock icon WELLINGTON
      258 24 Reuter PWdagm jM» STOCKS fell on concerns that the central bank's demand for higher Interest rates will tarnish the appeal of equities. The NZSE Top 40 Share Index fell 19 points to close at 2,166.18. —Reuter —a *f- mm MB ■■*!«< T.08 -0.05 T7390 MnntMMNMH t*3 urn* 7200 Mr
      Reuter  -  258 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Untitled
        7008 25 dm CMnfi wji co<npo«it* twow man ♦w.ji NIT MwfrM *04*34 59*9.76 *4*«0 «r rtMnc* *****.00 na« ♦mo.m MST Pra»«tto« WT.TI IUSJ0 *«.4« NST MMn« 2415.43 239*73 ~ltt£r 2US97 MT1 025 Tvtal ««i (M$> U0C.544 UNft ♦TS.JM CoMMirIM ».0« 1*9* MdwstrWi »od 4**57 4*272 HW Construction 7,996 MW -W» TnttatfScr*** 39.942
        7,008 words
      • Article
        Lock icon Stocks rise on good earnings growth
        379 25 KUALA hJJMPURReports Bloomberg Business News riCompoata Index +1(118 STOCKS rose to a fresh 18-month high yesterday, led by Petronas Gas Bhd and several stocks that have reported or are expected to report solid earnings growth. "It's been a very good earnings season," said a
        Bloomberg Business News  -  379 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
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        3,377 words
      • Article
        Take another look at Haw Par
        223 26  -  WARRANT WATCH By Paul Leo IN A February column, we did not choose Haw Par warrants as a play on the Straits Times Industrials Index simply because there were better alternatives. Its beta of 0.91 was lower than other index-link stocks then and it
        223 words
    • Article
      CLOB INTERNATIONAL
      2085 26 jmmmmob i mmmtmammmmmmmaami Of Oc HM/M LMt Val My Last Qaata Mv Mv VM MM MC« WH*I L—r H— Clim M« COOP) Hm» U» Oayar tollar Cvr P/t %m» *25 M MN AISB SOC SK -5 M SM SIS SIS SM 50 4.1 0.3 *3I 540.7 or its
      2,085 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        746 27 i nam nam -*M fti WMWIM 4MM *M MM* noma tun mm arnmm mm *t» mm a mm inui *u mm w*mm$ mut n.m mm tmmrnm ove *m mm MM Ma MM HM •eat wu» MM KKM MU OMCMC MMM s ssr MM MI4BM SUM USNrtpM* BMI *l» n»ttOa/W" «tfc«
        746 words
      • Article, Illustration
        Untitled
        228 28 •Tan Ctenq 50c 8,928,000 'Afltak HMgs 50 8,635,000 *MBf Capital 8,031,000 SingTel 15c 7,560,000 •Sri Hartams 5.070,000 HK land US$0.1 4,142,000 Arfah H W199 4,072,000 Parkway H 50c 3,142,000 UM 50c 2.144,000 Kris Myd 50c 2,127,000 Starts > SingTH 15c 26,886.260 •Tan amg 50c 19.167,840 K0f Capital 14,868,250 Antah Htdgs
        228 words
      • Article, Illustration
        HOT STOCK
        51 28  -  By Shiv Taneja TAN CHQNG Motors Holdings, which rm 15 ants in ?<■ heavy trading to $2.19 yesterday, is looking very toppish. Daiiy and weekiy RSIs art heavily overbought, and tnve* tors would do well to begin taking prqftt now. There is support/br the stock at $1.80 l
        51 words
      • Article, Illustration
        Market turns rosy as Taiwan tension eases
        662 28  -  STOCK MARKET COKMEXTARY Broad-based recovery also helped by feeling that the worst of the corporate reporting season is over for the market By Paul Leo [SINGAPORE] Confidence returned to the local bourse yesterday as the Taiwanese presidential election ended peacefully over the weekend.
        662 words
      • ON THE GRAPEVINE
        • Article
          Dept is not dead...
          104 28 BLOOMBERG has reported that the Asian bond market has turned out to be such a bummer that investment banks, especially in Hongkong, had mostly abandoned the bond marketing business by 1994. Most staff brought in to market Asian bonds are twiddling their thumbs. Still, it must
          104 words
        • Article
          -but equities are still king
          60 28 ACCORDING to international property consultants Marlin Land, comparisons for the years 1967-1996 put a five-country average return for equities at 17 per cent, higher than the same five-country average return for residential properties at 13.8 per cent, and 7.4 per cent for bank deposits. The
          60 words
        • Article
          A shorter puff
          117 28 LISTED BAT Singapore appears to have found an innovative way to cope with smoking restrictions: it has introduced a shorter cigarette. The press release describes the newly-launched Lucky Strike Metro brand as "a quick break for busy people on the go" and one which "takes into account
          117 words
        • Article
          Professional hazard
          88 28 WE RECEIVED some mouth-watering research on Hie Cheesecake Factory, a listed American company that specialises in, well, selling cheesecakes. Analysts are not expected to be wishM, but the gentleman who visited The Cheesecake >2 Factory obviously succumbed. "As the company's new state-of-the-art cheesecake bakery begins operations, we believe
          88 words
        • Article
          Foo quits Crosby Jakarta
          73 28 MARKET TALK in Jakarta hat It that Raymond Foo, managing director of the Indonesian unit of Crosby Securities, hat. put in his papa's. Mr Foo will apparently be moving to the broking arm of a leading local bank while Crosby's top-brass art soon expected to name
          73 words
    • Article
      MAIN BOARD
      4239 27 Of Or MM tm/M UM Vol Day Loot Quote W* M« VM Nat Cap A*9 hJTum mm cinn m roooi mn> u» —irar »«—r c-w w <a pneo 2M MS OMAcarSOfc USM3 *4 4M MS (79 MS MB 12 2 302 9 M4 32* Mt WOO AcmaSOc 444
      4,239 words
    • Article
      SESDAQ
      775 27 Or Or H Wt IfM/N last Val On LMtOMt* 09v Ok VH M Cap A«« w» l— ww ct «a rooo> mm> t— *»y«r oao» c*w p/e wi p*m h»M z 322 40 2000 A0*HM«tSc 250 cd 2U Ml IU it 04 MJ MU 252 200 SO 2001 Aatamatrfei
      775 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      113 17 A company's strength lies in the Backbone of its staff. ft Dauphin has the practical and suit individual needs. For more aesthetic answer to a major prob- healthy posture, added comfort lem for the purchasing depart- and increased productivity! ment! The Beta FB 6330 executive chair is just the one
      113 words
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      Page 18 Advertisements Column 1
      55 18 Let Sintat Drive You ToYQUr R«t F M7 te [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. sijfmr x Rent m car 60 Bendemeer Road, Singapore
      55 words
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      Page 18 Advertisements Column 2
      145 18 1. En-bloc sale of 16 units of apartments and land [Lot No. 6058] located at Km 4, Jalan Skudai, Johor Bahru (only 5 minutes' drive to Causeway and JB City Centre). This freehold property (Area: 4,619 sq m), with a panoramic view of the Straits of Johor, has planning permission
      145 words
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      Page 18 Advertisements Column 3
      93 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
      93 words
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      Page 19 Advertisements Column 1
      1740 19 WAH SHING INTERNATIONAL HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) Full Year Financial Statements The Directors of Wah Shing International Holdings Limited ("the Company") have the pleasure in announcing the following: I FINANCIAL STATEMENTS 4. Unaudited Balance Sheets aa at 31 December 1995 Group Company 1. Baaia of Presentation
      1,740 words
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      Page 20 Advertisements Column 1
      173 20 1 jr.-* < T#j■ <> I I 71 !«<>! Ml. t >•/< •> > > i- >! 72 >««» > 33 >->« > oJ i|hrild a-.; rfv. >c,ov i i I *v< ?>*»>■"» j »e{ r«j >§<•? ON THE LINE TO SUCCESS WITH SYSCOM,/ SYSCOM is dedicated to providing you
      173 words
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      Page 20 Advertisements Column 2
      176 20 Stake your daim on Rundte Adelaide, South Australia v t\ RENAISSANCE ARCADE PORTFOUO Adelaide's premier retail precinct m~ Estimated Rundte Mall traffic flow 600,000 people per week j\ A\ jfl Y»\ Seven individual investment opportunities from under I,om Long term teases Strong Traders VA -"A Includes Richmond Hotel and Renaissance
      176 words
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      Page 21 Advertisements Column 1
      352 21 SUPBRKIDS PARENTS, What are you doing for your children this JUNE holidays?... Act Now! ■M.IIIMBIUWIIIIIHM.-.-.-■■■■lL..—l——— ATTEND OUR FREE TALK KNOW HOW YOUR CHILD CAN... EXPERIENCE: Motivation, Effective Communication, Overcome Shyness, Build Confidence, Leam from Mistakes, Set Goals, Memory Techniques, Reading and Writing Skills, Maths Mastery, Creativity, Lateral Thinking, Time-management. WE
      352 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      105 24 SIMPLY DIAL 740-6000. SELECT 1 KEY IN THE CORRESPONDING DOCUMENT CODE OF THE COMPANY YOU AM INTERESTED IN Visa Freight BHP Register of Shipping S'pore Freight Forwarders Assoc. Thyssen Haniel Logistics Freight Links Freight Forwarding Services Ship Registry and Survey Membership Information Warehousing Logistics Services Warehousing Logistics Services Document Code:
      105 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      168 25 MW Batam continues to boom. Private foreign and domestic investments totalled $6.2 ADVERTISEMENT RATES 11 1J A\ 11 J\\ #11 billion in 1994. Revenues from tourism stood at $240 million in the first six months of 1 Vll P® SundayTimes ****<*»■ A. IV Ji JL IV .JL L. Supplement April
      168 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      44 26 FOR THOSE WHO PLACE QUfIUIY ABOVE ALL. YOUR TIME HAS COME! Enhance your image. Promote your business. All in the name of quality. Call us, we'll 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 27 Advertisements
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      Page 27 Advertisements Column 1
      33 27 Another Time, t JAEGER-LECOULTRI Another c^^Hl ReversoDuo. JH, J f Since FOR A FREE COPY OF OUR 200-PAGE CATALOGUE, CONTACT YOUR LOCAL RETAILER OR S.A. DESCO SINGAPORE PTE. LTD. TEL: 337-22-61. FAX: 337-10-98.
      33 words
    • Advertisement
      Page 27 Advertisements Column 2
      44 27 BUY** SELL* FIND,/ Classified ads can speed up your search for the right car. No matter what it is, you can always buy it, sell it or find it with the Classified. T0 t I Ft E E 1800-737-1166 (all Today For Rosalts Tomorrow.
      44 words
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      Page 28 Advertisements Column 1
      119 28 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 PMmM I ikarta Securities firm is looking for qualified > with university degree for the following 1 Senior Research Analyst (SRA) 1 Degree in Finance or Accounting preferred Minimum 3 years working experience as a Securities Analyst or Corporate Finance Excellent English
      119 words
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      Page 28 Advertisements Column 2
      522 28 Singapore Closing Share Prtcee 29/03/1996 CLOSE PREV LOW HIGH uss use use use Will/ Jardine Matheson 8.25 8.05 8.06 &25 Ififfllll Jardine Strategic 3.24 3.26 3.20 3.24 I GS9 I Dairy Farm 0.92 0.93 0.92 0.936 Hongkong Land 2.32 2.30 2.30 2^4 ■fPPVTPPei Mandarin Oriental 1.25 1.25 1.26 1.26. E£UtiiUiififl
      522 words
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      Page 28 Advertisements Column 3
      305 28 MINE MATTER OF THE COMPAMES ACt, CAP. 90 M THE MATTER OF BEA MARME SUPPLY PTE LTD P MEMBBW VOLUNTARY UOUDATION) Extract of the Minutes of an Extraordinary Qanaral Moating of to MMtn of 8m Marin* Supply PtoUd Mdai PMMp Straat #07-00 Uppo Caatra. Singapore *****2 on 21 March IM
      305 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      269 29 Knight-Ridder Reuter THE ABSENCE of grain fixtures on Friday illustrated the difference between owners' expectations in the Atlantic and levels charterers were prepared to consider. The BFI put on five to 1,422 for again 0f590n the week. Handy-sixes were in short supply from Argentina and BraziL Dull conditions
      Knight-Ridder; Reuter  -  269 words
    • Article
      MARITIME STOCKS
      223 29 MrS M CWTOMriMaa U3 *002 9 Ctmm l>a U9 *002 9 Caaca hivaabaant _190 Hk M nu aw -as a* rraMOLM* &M *OOB 94 G9HaMa«i 124 wmc* H tMSwi** m men 332 _.U4 *OJM 43 JayaHaS* 144 «002 70 aacfc 339 MapalCary ZTtt.90 -OJO 209 Ilium* LSI mm
      223 words
    • Article
      S'pore is best Asian seaport and airport again
      392 29  -  Other AFIA titles win: be«t container terminal operator, best warehouse operator By Yong Mei Fong [SINGAPORE] The Singapore Maritime Week kicked off yesterday with a loud bang as Singapore swiped multiple awards, including Best Seaport in Asia and Best Container Terminal Operator,
      392 words
    • Article, Illustration
      Fels delivers vessel to Smedvig
      43 29 [SINGAPORE] Far East Livingston Shipbuilding yesterday handed over the floating production storage and offloading vessel, SPU3Bo(above), to Smedvig at Fels' Pioneer Yard. The vessel has been sold to Esso Norway for deployment in the Balder Field, North Sea.
      43 words
    • Article
      SingTel to launch two services at Singaport
      258 29 [SINGAPORE] Singapore Telecom will launch two new services for the maritime community at the SingaPort '96 exhibition. The two services are Sentosa Mail-65, an electronic mail service, and Intouch card, a prepaid calling card. With the Microsoft Mailbased Sentosa Mail-65, officers on board
      258 words
    • Article
      Spanish ports giving Green Awards
      115 29 [SINGAPORE] Spain's State Port Authority, which manages 26 leading port authorities in the country, has adopted Rotterdam's Green Award programme. It is giving Green Award certified ships which call at the Spanish ports a 7 per cent discount off standard tariff rates. These ships also
      115 words
    • Article
      Lock icon Norwegian govt's shipping proposals get cool response
      241 29 C«IC6ttiOII81IOt good enough, say shipowners Lloyd's List [LONDON] Norway is heading for renewed conflict over government efforts to stem the exodus of tonnage from the national flag. A white paper from ministers has received a cool response from the Norwegian shipping community and
      Lloyd's List  -  241 words
    • Article
      Lock icon ICTSI gets nod for grains terminal
      96 29 Reuter [MANILA] The Philippines' International Container Terminal Services Inc (ICTSI) has won approval to operate a grains terminal in Manila with a capacity of 150,000 tonnes, a copy of the government's decision said. A panel in the official Philippine Ports Authority (PPA), in a
      Reuter  -  96 words
    • Article, Illustration
      Lock icon Shortage of officers looms
      804 30 MUFFING CREWS: SHORT-SIGHTED TRAINING POLICIES BACKFIRE National fleets of the western world were whittled away in the '80s as ships' operators cut costs in crewing. Now managers are scrambling to improve training as Third World crews are not up to standard to fill senior positions Fairplay
      Fairplay  -  804 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      279 30 PAGE Ethiopian 6 ACL n O ami 3 Evafjraw 6 to* 7 Evcrprimt 13 Accord 12 ,1 AhrenkM 4 [«»>*» tmmrhifi 4 .TT"' Frt Vortt 12 Aw"al n GLMEiprtu 4 3 GcMrtrm 13 Gtrrstipg 4 7 GKMMM 13 b i«x) ws u Goklen
      279 words
    • Article
      SHIPPING GUIDE
      13886 36 EXPORT ETA n* AdvarttMr Vooooi »<W TMo*om CTA ETA Advartlaar VNMl Vow* iw Door* n*m norm gg, o*** JSBLi To BOMBAY (BOM) 2053 A India To ABU DHABI/ ST JOHNS (AUH) 2004 jmj ttm Avar* trade fast tfsim m *****55 Unltad Arab Em Ira Us am wm acl
      13,886 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        719 43 Vwsoj Voy Mo Nrth Arrival PoportMf* j»i»l MS*M OM* JM <HpM I 2101/0700 MCtm mm JOT MmiHi 2tov;K>c mb Stray* 039* J21 M>*t 26 03/2000 ■MW 306/96 JIT MM* 26 03/2300 «n 2/M JOI tomtuf 26.03/0900 ■*42*9 om JOI *ipi> 25 03/1*00 MnN VN JOI iMDUk 25 03/1*00
        719 words
      • Article
        CONTAINER SCHEDULES
        1786 43 RECEIVING Of EXPORT FCl CONTAINERS AND LCL CARGO BooUq/BalMC* tstta SMf Voy M> Etfc/Btr Hrtoi Frow To FroM *M» 0071, 24/1200 2VBOO 2V«* WW 2 ass SR 288 s ISS 35 ST" M 26/045* M£OC a :v ac 26/045* worn J 2 Miroe »m* a/t*oo 4 a«w a/MJ*
        1,786 words
      • Article
        COCKETT BUNKER MARKET REPORT
        740 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
        740 words
      • Article
        GLOBAL HOLIDAY
        514 43 MAS SS Bangladesh: Independence Day. ■Aft ST Nepal Ch&ltrastami/Chaite Dasain. MAS as Nepal Ram Navami. MAIM Taiwan: Youth Day. MAIS Iran: (tentative) Birthday of Eighth Imam/Islamic Republic Day. APBI Iran: Thirteenth Day of New Year Holiday. APIS Israel Passover. Sri Lanka: Market and Public holiday. Taiwan: Women's and
        514 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon France, US meet to defuse air row
        273 44 Paris still holding out against US policy of open skios deals AFP [PARIS] Transport officials of France and the US meet today to discuss air traffic between the two countries, in an atmosphere poisoned by last week's tit-for-tat cancellations of transatlantic flights. The
        AFP  -  273 words
      • Article
        Lock icon Qantas' Aussie market share little changed in year to Oct
        293 44 Carrier still on track to achieve forecast of 32% rise in net profit Reuter [SYDNEY] Qantas Airways Ltd's share of the Australian international travel market was little changed in the year ended October, but remains down on its internal forecasts,
        Reuter  -  293 words
      • Article, Illustration
        Lock icon Burlington Air invests $10m in Changi building
        462 44 Logistics centre also houses BAX International's Asian regional HQ Zfy Dexter Lee [SINGAPORE] Burlington Air Express (BAX) has pumped $10 million into a building of its own in Changi South to cater to small and medium-size customers. The building, which also houses BAX's
        CHRIS LOH  -  462 words
      • Article
        Lock icon Westfield in joint bid to win Aussie airport leases
        233 44 Bloomberg Business News [SYDNEY] Australian shopping centre developer Westfield Holdings Ltd said it has formed a joint venture with US concern Airport Group International to explore opportunities arising from the sale of leases on state-owned airports. "We have signed a heads
        Bloomberg Business News  -  233 words
      • Article
        Lock icon Japan and US start new round of air cargo talks
        295 44 Reuter [TOKYO] Japan and the US began a new round of aviation talks in Tokyo yesterday, aiming to set a framework for bilateral air cargo transport by the end of this month, an official at Japan's Transport Ministry said. The
        Reuter  -  295 words
      • Article
        Lock icon JAL to go ahead with Hawaii route
        171 44 Reuter [TOKYO] Japan Airlines Co Ltd (JAL) said yesterday it still intended to inaugurate a new Tokyo-Hawaii route in April as planned, despite objections from US carrier United Airlines. "We will start our Kona service from the beginning of April as we planned
        Reuter  -  171 words
      • LOG Book
        • Article
          Abacus CRS for Cambodia this year
          82 44 [SINGAPORE) Singapore-based Abacus Distribution System will be introducing its computer reservation system (CRS) in Cambodia this year. The leading CRS operator in Asia-Pacific said in a statement that it was finalising discussions with national carrier Royal Air Cam bodge. It plans to get the
          82 words
        • Article
          Lock icon Gulf Air to delay Airbus purchases
          76 44 Reuter (MANAMA) Regional carrier Gulf Air would delay the purchase of four Airbus Industrie A 320 aircraft mi order for another two to three years An airline official said on Sunday: "We are restructuring the delivery of four A32os, which are supposed to be
          Reuter  -  76 words
        • Article
          Lock icon Yamaha to set up Joint venture in India
          97 44 Reuter [NEW DELHI] India's Escorts Ltd and Japan's Yamaha Motor Co have signed a joint venture agreement to mair» motorcycles in India, industry officials said yesterday. The companies were expected to announce the 5W50 Joint venture at a news conference here set
          Reuter  -  97 words
        • Article
          Lock icon Daihatsu to boost output in M'sia
          91 44 AFP [TOKYO] Japan's Daihatsu Motor Co Ltd said yesterday it would boost output and dealerships in Malaysia to win a larger share of the market It said in a statement it would boost output at its production venture, Perodua Manufacturing Bhd, to7o,ooounits 1096 from
          AFP  -  91 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1326 44 CITY FLIGHT ETA FUCHT ETC OoangrtwMC CZ354 0920 AdolaMa Of 81 1930 0FB2 2050 Hanoi VN74S 1305 VN744 1405 mm n» mm gg mm gg Amstordani S0327 1535 KL844 OHO Nat Yd T6407 2120 TG408 0820 KL837 1540 KL838 2335 MI895 2255 IW96 1920 J 2355
        1,326 words
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      Page 30 Advertisements Column 1
      1233 30 I dt/iait DiafmAftoSs I I wssa "wr" ram n»« u om vo m mi ooc r fucoorr m nrnntt imm* ma gn imjMn "fflT "tTBT 'otT "jT" (Hraunan mvm mm ivm nm v/n mm ivm HM wm nm mm 52 SS 5T nm\ nZ SS 35 Sb ammmSm mm 5/5
      1,233 words
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      Page 30 Advertisements Column 2
      273 30 Una* A MrvtcM npnitnM by Mambars of tia RagMry of Accredited Shipping Agants. sfeora National Shipping Aaaoc. CALL US... ANYWHERE, ANYTIME.UkA j4MRAAi4uUI MMkjLI J|i MkApMkA IAJMI A MM|L4lillA A|M|f|ka uw oemanoing wona of rnano© mi a wonoffloo supply nanKX* or lubrication, tho officiont aacviong of more than 550 ports in
      273 words
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      Page 30 Advertisements Column 3
      7 30 Members o» tie Singapore Freight Forwarder* AnocMon.
      7 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1163 31 I SOUTH WIST EXPIESS (PMECT) vesa |w w |am |»np lux I m I w 1 im 1 a Ihou I mom I sm I mmiw i m iis/v Ivm Inm mj/m Inml nm i i//m Inmlnml nm I nm I w/m I IB Iw/mlw/m Im/m Iw/m InM Igg I
      1,163 words
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      Page 31 Advertisements Column 2
      1586 31 (g)HANJ!N SHIPPING "^j USA pMlmi/wr mm m su m|w m pin |m. [mm m pSt m m ro m m <sz[ Si! ™|"m| **>—*» M/W M/W W/M It/M W/M W/M 11/ M 11/ M 11/ M H/N H/W H/M M/M H/jT" H/M" W/jT" M/M 01/ M M/M M/M M/M M/W
      1,586 words
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      Page 31 Advertisements Column 3
      280 31 lE3EEB3— EXPORT 3 x Japow •2 k Hnnglrßwg •I k Monti -1 Voo+mm*. Kmkmg (011 iptfny FQ to MOC/NAHA/gNOAt/CaU/lOj iSSL bjt H!? *51*151'"* B? MM w Iwjml mm mm iijj iS^ IfIUW WW 27jW *WM »J» l«m| MM «n nw lIM UM UM Z njr- tur ftMltwl IW iw im
      280 words
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      Page 32 Advertisements Column 1
      504 32 s. ill ill *****1 nssa VOT MM mi AMT IHA SIQN PJBJK SM Htt MO HO SM KOK MS ■MB -m Eg J m 47S ~W~ UT— WWiMfMMmt IW» 4/1 S/3 11/3 31/3 1/4 ~V4 T7T" lll—fiwm ran nrr ~W~ IEZ Isl JEI jSL HSZ JSL I—IWHIWiI MKII IV3 It/3
      504 words
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      Page 32 Advertisements Column 2
      992 32 I NORASIA I IVBSSBL VOV ran ALOLAS 80. VAL HAM Ml NOT ANT HL UU I *.MX lit* 8M MM MM MM 14M U«4 14M 1&M 1444 IM4 MM awuji nta \vm\ nm nm am tm am txm am am am am ■.mtwtwe raw am am am vm am vm
      992 words
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      Page 32 Advertisements Column 3
      475 32 JAPAN/HONOKONO/STIUfTS RIOULAR SCRVYCC LOADING FOR PORT KLANO/PENANQ *tna I VOY rwm P.BUBMB iwa friS ****"> J—SB ffTf--giar PATOAW 2 27 BAR a MM! I cnunkuom 17 nmm WthwT iww MUM SIMM VBIAmB. 2 gg gg HONOY WKMO 1 I »MAW 1 MIMB |tl APR |I T 3 WW WOW HAUAPKMSR
      475 words
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      Page 33 Advertisements Column 1
      1000 33 STRAITS SHIPPING PTE LTD riMßf mad 10 Hm ttiiaai Road #11*91 Kappol Taware um Slatotfg D2ot Ttl: *****18 Far *****17 i wiw quhiia pacific um (A SERVICE OF CHINA NAVIGATION CO) CARAKA JM M-J2 VMMEA 21 Mw llMar UMM. ImMm Atan. ffLinmiHl wn M MIWfM TP fMIM I— STRMTSHM VM7EA
      1,000 words
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      Page 33 Advertisements Column 2
      1602 33 PAO Containers Limited \ArUUUIMft9 10 Hoe Chi.Dg Rood, 007-01 Keppel Tower*. Singapore 0208 First Class Connections WORLDWIDE Tri s "<ocsp Fm m axma nn OR liMIDCn ZUUMMHIOUOvIM EVBADT lUMPT EAFOWT IMrvHT VfSMI WW 'PHC *p*s 9MI SOU AMT ROT HAM OOT Ml LIN uooon VOY rmm QQT MOT MAM M
      1,602 words
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      Page 33 Advertisements Column 3
      444 33 loutmouhd In 1« I ml a Imklbbl mlßliwlwul n|« _bl _ml _bl .jl I MAIMTUfIPI I W/Wl Ml IP/MIMMII Ml IMM MM M/M -1-1 I W/M IV* IIM flg| l&M lIM gflj —MMffi/M); pmmm mmlm-iiml »im \w* \mM iy J um z_ JiJL IHM7II/MT Hl/MIM/M iMMIMMII MM IMM I Mil
      444 words
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      Page 34 Advertisements Column 1
      1094 34 MP ROM AMW HOG THP LHV LHV THP RDM ANW HSG PHI MP I I. RESULT RW-M7 W UK W) >W tW Wt I.GIFTED RE-OS 3 2*2 2*2 274 2*2 14 254 274 E. ROYAL RW-MS M 284 27/4 2*4 3S/4 31/4 E. GUANO RE-07S 3/3 1/3 9/3 7/3 1/3
      1,094 words
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      Page 34 Advertisements Column 2
      932 34 IAPQSI vusa VOTMI W Oi IN MM UN IWT MB I VtSSII VOTAGt DM AM DMM »u u» B uNcmcoto mww n.13 07*4 OHM <**4 lOD4 n/K |> jMoom ;3 1 0301 rro3 -TO3 *"3 orw ■lM COMMA 034WJIW 05*4 IVW IVW lA/D 4 17AM IVD4 lt*4 |IM COKBT K
      932 words
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      Page 34 Advertisements Column 3
      491 34 SWCIgaiUMAWNIAOEMCga mm LTD TEL: *****33 (12 UNO) FAX: ***** IS/*****03 TSLKXiRS ***** RMHPpUnMj CW MO: 13T708a***** ACCEPTING FCL AND CONVENTIONAL Vwi Vtay STA" I- omb I*o4 AbtMyWont 4MB 20*06 Mnrotoaw. ppboua Iff MawMßiwe' j «.r <*5 FlflXY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH FCL/LCL ALSO BCMSOC *»on toc m Atmmca
      491 words
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      Page 35 Advertisements Column 1
      2269 35 FIXED-DAY DIRECT SJUUMS TO HAIFA-14 DAYS KW YORK-28 DAYS r#/ (U—my mitt* smiA—tui o«*i opintm c—tnw 4mrn johohi ornct COSTAR SHIPPING PTE LTD flt <*■—>/■• aww c—tiint: *tuui/uim*ytS7 Ciiuinr tn m ummi Cmixm/iu/ <m;m COSTAR AGENCIES Ml SDH BHD l.'Mr"? 7 Ufi tUM cotmr tints* o/o an 7it f,./,..., umru
      2,269 words
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      Page 35 Advertisements Column 2
      415 35 I tie. FAMOUS CONTAINER LINES JJP 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 y HOT UNE: *****33 (30 UNES) u a JJ, J rj AJ>'TJJ< -*j P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 MmM»L- 1 EX PASIR GUDANG DIRECT LCL CONSOLIDATION TO (a)
      415 words
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      Page 37 Advertisements Column 1
      41 37 To retrieve more schedules, just follow these simple steps... document Mnal 740-6000 tep be the port your Step key in the four number digit code Key in your Example: i fax number To HAMBURG (HAM) 2180 for calls within Singapore fermany
      41 words
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      Page 39 Advertisements Column 1
      699 39 %MHA MYANMA wBBk FIVE STAR UNE (Mywr National Um) W loadisg far Yaogo* (Ronjoos) rosa vor sin m m ph > MAWUUOYMf 72W MPT U« AN 4W il/03 MALAYSIA AGENTS: OOUSTIAD SMffWG AGENCIES -7 WL m 01-03-1417)00 HL TR 02-03-*****01 PBfc IE 01-04-*****0} Kfc TH 02-07-*****21/4 r BANK LINE (A
      699 words
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      Page 39 Advertisements Column 2
      1055 39 ADVANCE CONTAINER LINES (PTE) LTD API 140 Cod Stroai #12-00, PIL Budding. Singapore *****0 M V Li TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO. **********0E IANOROK JAKARTA SSmANg SAM lA3 27/03 V»d 30/03 Sa 03/04 KH3AH 935 27/03 V*d 30/03 51» 03/04 WkT SASTION 914 28/03 Ihu
      1,055 words
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      Page 39 Advertisements Column 3
      849 39 *****002 },aaa w •K OAMgTTA LE HWRE HAMBURG TMAMESPORT RQTTB<O<M<I ANTWERP wlledecapbia tmw mm obam isam 17/04 Imm acvo* ham VtXEDEUBWA L 14W OW IVO4 ~ZSM jj/04 g/04 2U04 VtLEP'AQUt.A AI«W 08AM 22AM 30/04 01/06 00/06 04/06 OM VILLE DE CUTiI. CI4W 2S/04 07 AM I<VO6 11/06 IM6 also accepting
      849 words
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      Page 40 Advertisements Column 1
      1069 40 Vg—B. VOY WW JKT VESSEL VOY MM PEH EAQLE TIDE* 120 Tim lln Pt "tat 30/03 ■HATHA BHUM 6363 Tu> InPI Thu 2BA» .H vwm 52 wui ru.iu bj*a»oua mm Thu 2*03 si xvoa naktabhum mn Tu. mpt sx jo/oa wru\nH»M imsST ~m mam »unoamasem*at~ ~SoT~"aSTIvoT"tS~m*T MATHU BHUM* CTW Wfcd
      1,069 words
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      Page 40 Advertisements Column 2
      753 40 11 DUXTON HILL, SINGAPORE *****3 CR **********0N PORT KLANG I PENANG W I an m Bvcsa wi m m tolim fig WPSW BaBM *014 P/BW mi asy» p/mw> M —m.— mkuov hot vwn* a/niHu ■aw *ois ft*n p/teao «um en ammu two* huid HI E*nH fissns? Ma Bioss wn mm
      753 words
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      Page 41 Advertisements Column 1
      722 41 ff~\ SINO IXPRISS SHIPPING (PTI) LTD. V MM I 11 COLLYER QUAY #00-01 THE ARCADE SINGAPORE 0104. Z TEL: *****90 (4 LINES) FAX: *****08 TLX: R*****1 BINOEX ■> SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI s S'PORE HKQ 3HAJ I; VESSEL VOY ETA ETP ETA ETP ETA ETP JNFU 9801/9602 22/03 StfS
      722 words
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      Page 41 Advertisements Column 2
      577 41 \mjkm MN CONTAINER LINES, INC I Aoaflts: MM4BS SPORE: *****22 (24 UNO) kuchnq:<oh)4M4» 1 N~/\ 1 on WO. «BU:(0t4)S1«17t MAMLA: («2) 912M1 UV PCNANQ: (04)*****1 BAMQKOK: (BS2) 23MtS7 SURABAYA: (31) 291 WO P.KHANQ.(»)J»««77 JKttgl)«»WMPN:<tl)Wtt ttAMPUMftgBK—M 20TH ANNIVERSARY OFFER:- HMB/FXT/R'DAM mv "HANJIN LEHAVRE "V.033W ETA 1/04/96 GENOA/BCN/MARSEILLES f mv "MAPLE RIVER"
      577 words
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      Page 41 Advertisements Column 3
      15 41 EXPRESS (S) PTE LTO WEEKLY CONSOIEIO MUARA MANILA HONGKONG "AT COMPETITIVE RATES" PLEASE CALL: *****96
      15 words
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      Page 41 Advertisements Column 4
      201 41 ATTRACTIVE FCL/LCL RATES TO: Indian Sub-Continent Ports MADRAS /BOMBAY/ CALCUTTA I COLOMBO j CHITTAGONG NHAVA SHEVA .S WENDER CONTAINER LINES'; ENQUIRIES PLS CALL TEL: 224 6744 Astro SMppiwg Pt> Lftl WEEKLY CONSOLIDATION SERVICE| SHANGHAI 27/03,03/04 T| [BAB^^^27/03, 03/04^ I TEL 220-6045 (12 LINES) HX: 325-4080 7] \f& O.K. LINE FULL
      201 words
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      Page 42 Advertisements Column 1
      511 42 SHIPPINGTIMES business Centre ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JU ST CALL 740-6000 I i rTTTM#J.I I r*TJ fl Document Co<fe I iIUiT/ lflllllll liJ a f'omra [tj BtJ 11 9 X w iri il vvlU/ aggreko rthe shipping 1| Aggreko is the reputable name that stands
      511 words
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      Page 42 Advertisements Column 2
      238 42 goal. A quality which has been w The Total Transportation People j embraced by all at Visa Freight Transportation b transportation needs in our hands and join the winners' circle. ESTASU3HEO SWCE 1994 VISA FREIGHT SERVICES PTE LTD JSSSSfI. 10AnsonRd#2009Irtterxattor^PtemSk\jcpof©*****3 vaca ckitut Tel: 65-*****66 Fax:6s-*****86 Telex: RS ***** VISA JIS£J!rJS?:L
      238 words
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      124 43 LIGCNO: R Thunderstorm T*mp*rotur* c A tOUJJ W*oth*r Wind draction with sp**d in knot* Roin WovlhMh Cloudy Sky h flN W|*W i'l«<i t* i*4it*t*d by arrow* which My with th* wind On* Kji cird* r*pr***nt* calm or Kght and variabi* wind* On* half ftech* wpnnnti 5 knot* L_». On* Ml
      124 words
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      Page 44 Advertisements Column 1
      146 44 NOTICE TO CUSTOMERS The undermentioned shipping lines, serving the trade between Far East and Brazil/River Plate, wish to advise customers that in order to partly offset increased costs incurred by handling containers shipped from ports in Singapore and Malaysia to Brazil and the River Plate, and vice versa, effective shipments
      146 words
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  • SingaPort '96
    • Article
      A Time to Reflect
      480 45  -  The maritime industry should now take a quick look back and spend some time thinking about the best course for the future. by Yong Mei Fong by Yong Mei Fong Mm ARITIME players think big these days. Billion-dollar port ex- pansions and megaships of up to
      480 words
    • Article, Illustration
      PSA: Committed to Staying Ahead
      917 46 Competition, overseas ventures and the desire to maintain its premier position are thrusting port management towards new targets AS THE 21st century approaches, the Port of Singapore Authority (PSA) is increasingly looking at ways to enhance Singapore's premier position as the world's busiest port. The
      917 words
    • Article, Illustration
      Lock icon Rotterdam Goes High Tech Way
      1115 47  -  Technology has improved the competitive position of the iprt of Rotterdam. by Tie Schellekens -by Tie Schellekens The writer is Press Officer, Rotterdam Municipal Port Management j£ I OTTERDAM owes its posttion as Europe's biggest port not only to its geographical location and hinterland connections,
      FREEK VAN ARKEE  -  1,115 words
    • Article, Illustration
      The M'sian Route to Privatisation
      1171 48  -  The success of the first private terminal operator has silenced all critics and now unions want more of it by Jimmy Yeow -by Jimmy Yeow The writer is a reporter with MalaystU* Business Times WHEN the move to privatise the Klang Port Authority's container operations
      1,171 words
    • Article, Illustration
      Lock icon Pinning Hopes on Laem Chabang
      1305 49  -  Thailand's port industry is in transition, as it attempts a change from a transhipment to a primary gateway role. by Alan Boyd by Alan Boyd The writer is a journalist who writes for Shipping Timet;, WITH little fanfare, a Global Alliance vessel quietly docked at
      Source:; JEN CHUA; REUTER  -  1,305 words
    • Article, Illustration
      Lock icon Rough Seas in the Piracy Fight
      1151 51  -  It is under control in South-east Asia, but the fight goes oa by Chiang Hal Ding by Chiang Hai Ding The writer is economic adviser to the chief executive officer of Neptune Orient Lines PIRACY as a "profession" is one day younger than seafaring.
      Source:; JEN CHUA  -  1,151 words
    • Article
      Will Tanker Markets Continue To Be Volatile This Year?
      1409 52  -  Scrapping levels and charterers' strategies will shape the markets. by Erik Ranhelm ■by Erik Ranheim 77k writer is research and statistics manager of the International Association qf Independent Tanker Owners THE tanker markets experienced strong volatility last year, with rates fluctuating
      1,409 words
    • Article, Illustration
      Lock icon The Baltic Exchange: Continuity in a Changing World
      902 53  -  Although the physical shipping industry has shifted eastwards, shipbrokers are still staying steadfast in London. by Jim Buckley by Jim Buckley The writer is chief executive dJgf secretary of the Baltic Exchange FOR hundreds of years, the wealth of the City of
      Source:  -  902 words
    • Article, Illustration
      Global Alliances – Mega Carriers' Key to Survival
      1128 54  - Global Alliances Mega Carriers' Key to Survival Faced with high market expectations and the necessity for survival, shipping lines are going beyond the traditional consortium type of cooperation. by Y Murayama by Y Murayama The writer is the Singapore senior representative, Mitsui OSK Lines THE closing years of this century
      1,128 words
    • Article, Illustration
      World Reefer Traffic Growing
      786 55  -  Trade statistics show that there is a worldwide annual growth of 25 to 30 per cent in reefer traffic by Anthony Chan by Anthony Chan The writer is general manager* (logistics) of Pacific International Lines ITH the gradual re- duction of ships with refrigerated facili,'r ties,
      786 words
    • Article, Illustration
      Getting All Hands On Deck
      1127 58  -  It takes a concerted effort to tap the huge potential of the cruise business. by Eddy Lee by Eddy Lee The writer is president and chief executti&jfc Star Cruise BEFORE the year is over, one million cruise passengers are expected to pass through the Singapore
      1,127 words
    • Article, Illustration
      Looking More to the Region
      1251 59  -  Singapore's shiprepair industry should expand regionally to take advantage of opportunities overseas by Wong Lee Lin by Wong Lee Lin The writer is deputy general manager (commercial A operations) Sembawang Shipyard THROUGH three decades of changing fortunes, there have been several constants which have helped
      1,251 words
    • Article, Illustration
      Asean Ports Go Full Steam Ahead
      854 60  -  Determined not to miss the boat on new economic trends, they are making major policy and infrastructure! changes. by Alda P Dizon -by Aida P Dizon The writer is head of the permanent secretariat, Asean Ports Association Anon-govern-mental organisation of ports within Asean called
      854 words
  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      240 45 11 I I ;L 1 n I yX tttMtfi iu t 9 iTF^^BlliHiiift 1 j TankwMartwts I dc a Rates were volaße amid a low surplus of H KSA I ransrormatKHi tonnage last year Pg H The continued management of a successful r port remains a major concern of PSA
      240 words
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      Page 46 Advertisements Column 1
      129 46 'Ml;. I I ii Vtts m Em ■1 ,i i 0 n r 1 4 The 'Akash SnJge' at N 35*10", EMI W Businesses rely on us to keep the flow of goods steady, and we take our responsibilities seriously. To meet our customers'needs we've created an integrated network of
      129 words
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      Page 46 Advertisements Column 2
      115 46 jßp* i 1 J|^V^^H| hf -*X I Bb- She Ik Km S V 49 *4 V -n i Unas Pte Ltd ■^■jj^^^H|^^k SHORT HAUL SPECIALIST providing fast, efficient container services the South East Asia and Indian MiHHiIiHIIIiiHHV Subcontinent regions. FJI container shipping services I I I Qjr comprehensive agency network
      115 words
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      Page 47 Advertisements Column 1
      31 47 m S#CiW® MilW^f lllllC of jM Sambawang I Location Positioned Support ..Total Infirastructwe I ecessanry complexes easy access Straits of Malacca. Marlwting Hmgtr: T I v y> V. Rcad J 3*E
      31 words
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      55 48 I^Stllzer. 2000 ***** Bhp 9 JkL T ,4w!' I A Z Series Medium Speed Four Stroke Diesel Engines 4890 ***** Bhp Any Spare Parts? ...Any Services? ...At Any Time. CALL US: 65 226 26 78 OR FAX: 65 226 00 95 New Sulzer Diesel Singapore 70 Shenton Way. Marina House
      55 words
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      Page 48 Advertisements Column 2
      59 48 I TO*yO (e non.iol 3-3264 5151 TAIPE 666-2-311 1567 SINGAPORE 05 796-0123 1 I SEOUL 622 396-1114 MANIA 63-2 527 6666 BANGKOK 00 2 236 4900 WHF I SHANGHAI 00 21 0320-1 166 MO CM MUM CTTY-.. 64-6-*****7 JAKARTA \f«« J JklliW I HONGKONG 652 2664 5100 KUALA LUMPUR.... 60-3-2*2-0766
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      Page 49 Advertisements Column 1
      168 49 /■1 fl I L y^ L V VHHh The Alligator Has a Winning Hand. MOL i 8 proud of its extensive total logistics service, including an route network and frequent sailings, extensive rail and truck transport but we know that Asian customers network, terminals and distribution require more. centers throughout
      168 words
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      Page 49 Advertisements Column 2
      102 49 I NIPPON KAMI KENTEIKYOKAI I I Providing Professional fl I Inspection Analytical Services I I in Singapore for Over a Decade I H I Services Include: Petroleum petrochemical inspection 1 Analysis I I Marine hull ship damaged survey 1 Maritime cargoes survey and claims setding I 9 agent for most
      102 words
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      Page 50 Advertisements Column 1
      127 50 Thanks To Evevy One Of You, j We've Got j "I The Best Port In j jj "r All Of Asia. x 9 I d| K T ■flHfcb iy I H H- j fl K eitt^9^^^^BH Winning awards is a great feeling. But it doesn't distract us from working even
      127 words
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      Page 51 Advertisements Column 1
      85 51 WetailOTloamto 142EaS Coast Road, Singapore *****2 FltmtlAA Tal: 348 2604 440 6076 rax: 344 6103 rOyal r iMVKfO nm soon (A member Of the OCBC Group) 910 Upper Thomson Road (NaeSoon), Singapore *****2 United 452 8303 nKo4nn 738 Hwilock Road, Sinflapore *****2 IrMimhaai 213 Lavender Street, Singapore *****3 SSnXSr Tel:
      85 words
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      Page 51 Advertisements Column 2
      104 51 I GEMARTRANS I I Meeting 1 I I Shipping I I Needs I I J-VIETNAM-J I I Our activities and establishment includes: I I offering a reliable container feeder service I I being a Terminal, CFS&ICD operator I I providing Ship Brokering, Sea Air freight forwarding I I Liner Tramping
      104 words
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  • Page 53 Advertisements
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      Page 53 Advertisements Column 1
      104 53 Mobil At Mobil, we believe In being more then |uet suppliers of leeding-edge share in your concern to get your fleet to perform at i^^^|%|, meximum efficiency. Together, we've eaved our "J|p customers millions of dollars in unplanned downtime, I expeneive repairs end equipment failure. y, k S IH HbHHUI
      104 words
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      Page 54 Advertisements Column 1
      92 54 I PERSONALISED SERVICE AT ITS BEST I [ft BECAUSE WE ARE SMALL, WE MOVE I I FASTER. THEREFORE, YOt/fl CAfIGO CAAT I 8 BE SHIPPED FASTER MORE EFFICIENT- I I LY BY RAIL TRUCK TO AND FROM I I MALAYSIA. COME TO US TO SOLVE YOUR I RAIL OR TRUCKING
      92 words
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      Page 54 Advertisements Column 2
      33 54 Getz Bros. Co. (Singapore), Pte. Ltd. Singapore Teh 9777 Fsug (65) 473 1028/469 0862 sailijj M [Jl> Just talk to Iris Um 740-2044 Tan Lip Chuan 740-1645 Jarrod Leong 740-2069 Philip Koh *****82
      33 words
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      Page 55 Advertisements Column 1
      41 55 Nil,;.; i fi.i i ;r j v ■H Kilt, KJir.V ■*?-""..#■■-£a y* nt 4 l> < -<i t-." F *I. «•»?>•» .*<■ ~t P'P 1 -J&? .JH*Vr 5 l IMPORT USA/CARIBBEAN/S. AMERICA/MEXICCV ME/AUSTRALIA SERVICE 323-8733 EUR/MED/CIS/AFRICA/ASIA SERVICE 323-8766 I CROSS TRADE ALL TRADES 323-8644
      41 words
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      Page 55 Advertisements Column 2
      35 55 ym ft FiMT i. p _y .JBHH^.,»*^Bt~' y 5 fit, a i J m HH vM* I j— B H H|l Hb flf Jf f I'-^M frfo- ttjß Bfc J|L MJ life v A UELII
      35 words
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  • Page 56 Advertisements
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      Page 56 Advertisements Column 1
      673 56 I MITSUI O.S.K. LINES s| I 2 (SINGAPORE) PTE LTD *90 j I The ISO 9002 An Affirmation i| Of Our Quality Commitment '5 r y* y..; Mitsui OSK Lines Singapore (MOLSIN) has come a long way since its incorporation in 1977. Today, we operate a comprehensive range of M
      673 words
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      Page 57 Advertisements Column 1
      293 57 ISO 9002 In Key Activities r^Tr^l flsa% And Special Procedures \m I certifote^ global growth providing total logistics services such as integrated intermodal f v f rk [m CONGRATULATIONS! Your consistent attention to quality never fails to impress all who work with you, I Ik« 1 Ik,- I i ALMATES
      293 words
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  • Page 58 Advertisements
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      Page 58 Advertisements Column 1
      123 58 1 fl Direct FCL/LCL/Conventional I S Services To H INDIAN SUB-CONTINENT Direct FCL/LCL Services FAR EAST/AUSTRALIA/ f! EUROPE f CONFER (S.EJL) I I 1(5p» I SHIPPING PTE LTD t MKM Tel: 226 1868 Fax: 224 5245 L_ mmmm J, «ShSHS Ji| A I H h HBhHHI CHT Where Total Service
      123 words
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      Page 58 Advertisements Column 2
      26 58 IPDS MSD r' GSts am 1 *w I j *9111^ > 1. 1M M I 1 1/ vj BJ |A 1 Lf v f il&ii wLfe J
      26 words
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      Page 59 Advertisements Column 1
      308 59 K AUSTRALIA KOREA Mr Anton Gruzman/Ms Nikki Loach HHH MrK. Y.Kim S" South Pacific Media BK International Inc. Tot: (2) 363-9736 Tel: (2) 742-9111 ■S Fax: (2)326-2713 Fax: (2)742-1881 K AUSTRIA MALAYSIA Mr Hans Csokor Mr Abdul Rahim Saleh ♦I PubKmedia International The New Straits Times Press (M) Bhd Ws
      308 words
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      Page 59 Advertisements Column 2
      18 59 J* K nRWMHWMfIMMnWMHMvriMVWL v HIR ™BM™m l ''^IJa^vc 11 FBI A' m I, A,r%♦ ■WwWIBBwIIMBIdIWWIMWIffWHBWMFwBIWBMBiBI ii 1 *SB
      18 words
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  • Page 60 Advertisements
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      Page 60 Advertisements Column 1
      226 60 <> .A, FREIGHT LINKS EXPRESS :^p-^itMfc HOLDINGS LIMITED ffH 111 H >4 leading integrated freight forwarding jig and logistics management fotf Links Express by&M tB| Singapore Offices %^r^ jj Omrnm(Mm PTE CTD (M) SON BHD a 566 9966 (40 unea) Fax 566 8166 v 566 7933,566 4508,566 8756 Tol Free
      226 words