The Business Times, 28 March 1996

Microfilm: NL20586
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 04(V12/9f» SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, MARCH 28,1996 85t
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  • Article
    MARKET SUMMARY
    48 1 D aM6 (-15.14) SZZ,,O7> D MMff'-lJl) Bssr— WPffg MAHET nmWiia asgcw^JuS —?SS HAMJSBW 1IMU7 +811# SET INDEX 1ML» 9.M JAKARTA COMP MM Lit MAMUOW **4.41 4BM TAinVPf JHLU Ail SEOUL OOMP K7J1 AM CLSACKWAB 7»J6 -LM AUST ALLOCS JStt7 -1J lpa EST. Ooft DOW JMWM 4t»
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  • Article
    FINANCE
    49 1 us ss im t.— urn n« Sir S —fS —v. !2 —12 II.. HK»_. liltt jg SINGAPOMT 444 KUAUUWUft All JAKABTA tUI BANGKOK 117* MANILA HM HONGKONG K7* wm KM SYDNUY I*» TOKYO JLM SEOUL ZURICH**... tiWt PRANKroirr- 1* liONOOM (tt inrrniir-' *jktenfMf ISkaaks. "ft* {Source: NatWest Bank)
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  • Article, Illustration
    Europa surprises with $100m bid for club site
    420 1  -  Amonnt is more than double the next highest bid by CityDev subsidiary By. Lee Han Shih [SINGAPORE] Club and pub owner Europa Holdings yesterday shocked the entertainment market by bidding $100 million for a 30-year-lease state site more than double the next
    420 words
  • Article
    HK Land earns US$257m but will pay out US$303m
    457 1  -  Company blames 30% profit foil on loss-making UK unit From Quak Hiang Whai in Hongkong HONGKONG Land, the property arm of British firm Jardine Matheson, yesterday reported a 30 per cent drop in net profit to U*****.9 million (*****.6 million) for
    457 words
  • Article
    Lock icon Job, inflation figures point to healthy economy: Greenspan
    322 1 Reuter [WASHINGTON] Federal Reserve chairman Alan Greenspan has given the US economy a clean bill of health, emphasising low unemployment and tame inflation. He said on Tuesday the recovery that began Ave years ago looked set to continue. "The economy seems, at
    Reuter  -  322 words
  • Article, Illustration
    Lock icon KL runs up first deficit in basic balance of payments since 1991
    610 1  -  But balance seen improving as economy slows dewn this year From Ho Kay Tat in Kuala Lumpur A HEFTY appetite for imported goods and services during eight years of high growth has taken its toll on the country's
    AFP  -  610 words
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      100 1 Uillllß DH kM H I And Upper Bukit Timah even has a well which is an outlet for a natural spring, P*2 UVBIIUIB tfOspg. Concern over current account deficit likely to be around fbr some time. pgZ Likely to sustain interest in YHS, which has property in that are®. 15.
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      Page 1 Advertisements Column 2
      84 1 Reports on Pg 15,16 EARNINGS 't NET (*n) GROWTH ML 138.60 -27.0% teePaTU 4.94 +18.3~ WKT 3.50 -32.0 ut fj- l kW4 1 w mi i i■ i i a mmm i n i < n«. live mmm live 2B I: SB i m pm m*rriß»KKroilKl*Svf- v wftii? Y: s
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      Page 1 Advertisements Column 3
      15 1 Bask Nogim to maintain, tight monetary polky, Pgf Mawm to liberalise >" banking industry, Pg 6 :>
      15 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Comfort launches $35m satellitebased taxi despatch system
      372 2  -  ■<m increases number of cabs using global positioning system here to 4,000 Reports by Christopher Tan WITH the theme from the film 2001: A Space Odyssey booming out and multi-screen displays flashing, transport group Comfort launched its $35 million satellite-based taxi despatch system
      372 words
    • Article
      LTA to introduce taxi performance tracking scheme
      230 2 THE Land Transport Authority will be introducing a performance tracking scheme soon to encourage taxi operators to provide better service, Communications Mah Bow Tan announced yesterday. Mr Mah was speaking as guest of honour at the launch of Comfort's Cab Link satellitelinked taxi
      230 words
    • Article, Illustration
      Lock icon Trade, production still robust
      364 2  -  EYE ON THE ECONOMY Outlook By, Anna Teo SEASONAL distortions due to the timing of the Lunar New Year and Hari Raya holidays this year already evident in last month's trade data will show up in the February industrial production and retail sales numbers. Smoothed out,
      Source: JP Morgan  -  364 words
    • Article, Illustration
      Lock icon Kuok group's Springdale phase one 68% taken up
      284 2  -  By] Diana Oon THE Kuok group's latest condominium project, Springdale, attracted a strong crowd of buyers when it went on sale yesterday. The company's business associates, who had first pick, bought 68 per cent of the 240 units launched in phase one
      ARTHUR LEE  -  284 words
    • Article, Illustration
      Dunearn site for residences up for sale
      231 2 RIDING the wave of interest in condominiums along the Bukit Timah and Dunearn roads, a 12,403 sq ft residential site opposite the Novotel Orchid hotel has been put up for sale by tender. Marketing agent Jones Lang Wootton (JLW) said yesterday that a
      231 words
    • Article, Illustration
      Why Singapore Power shouldn't go public early
      323 2 Delay in listing means it can adjust its current low rate of return: Boon Heng LISTING Singapore Power now will let foreigners gain most. Minister without Portfolio Lim Boon Heng said yesterday. "We need not give away un-der-priced shares to foreigners," he said
      323 words
    • Article
      TAS offers new areas for value-added network services
      182 2 THE Telecommunication Authority of Singapore (TAS) is opening up yet more areas of value-added network (VAN) operations for commercial use. The new areas are val-ue-added data and store-and forward messaging services. Value-added network services are services offered by third parties on top
      182 words
    • NEWSRoundup
      • Article
        s'pore joins convention to protect UN
        59 2 SINGAPORE has become a party to a United Nation* convention to protect the organisation and its personnel, equipment and premises from attack or any action that prevents them from discharging their mandate, sakl the Ministry of Foreign Affairs yesterday. The convention was adopted by
        59 words
      • Article
        Croatian leader coming today
        67 2 CROATIAN Deputy Prime Minister and Minister of Foreign Afairs, Mate Granic, arrives hare today for a three-day visit The visit—at the invitation of Foreign Ministers Jayakumar —is the first official one by a Croatian leader to Singapore since both countries established diplomatic relations in November 1992.
        67 words
      • Article
        Phonecards from Comfort
        61 2 TRANSPORT group Comfort has commissioned UMBO sets of limited edition phonecards to commemorate the launch ofComfortCfebLindt the new satellite-baaed taxi deqptcb system. The two-piece pbonecard set has a pictorial representation of the system and an artisf s impressfen of old and new modes of transport For sates
        61 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      135 2 Odeon Towers The Best BuMngs at the Be&tac*6om MRCENTRE Call *****65 1 Singapore, Bangkok, Setf-Loek-Up Office States Kuala Lumpur, Jakarta wuk Compku Sett ttuiai Support </> WITH A DIFFERENCE We odualifmaQsundour looms 0 and discovered that ours ore probably one of the most spodous you'l get of Ssl3s nett! to
      135 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      192 3 I IB- I I J M&M. ;JN —IB l I >4 w^ss^^^^^^^^H^^^NfifipsSCssiSSS^Nfir? TTty r >ii 111| f *"rr*f 3B ia. I f Value-added financial services. Your own Relationship Manager. A room with a view. At the heart of Privilege PRIVILEGE BANKING. Privilege Banking is that it comes Banking is your
      192 words
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  • FOCUS: PROPERTY
    • Article
      Appreciating without fanfare
      599 4  -  Price rises of 3-room HDB resale flats have gone almost unnoticed amidst the hype over prices of exec maisonettes By Abdul Hadhi [SINGAPORE] IN THE HDB resale market, most market watchers have focused their attention in recent months on executive maisonettes which have been transacted at $700,000
      599 words
    • Article, Illustration
      Pontiac Marina putting $345m into second Millenia hotel
      338 4  -  By\ Diana Oon [SINGAPORE] Pontiac Marina revealed yesterday that development costs for its second hotel in its Millenia Singapore project stand at $345 million an average of $678,000 per room. This makes Pontiac Marina the owner of the two most expensive hotel
      338 words
    • Article
      House Hunt
      93 4 Property transactions Jbr HDB apartments lodged ftw% Mat 4 to Mar 23,198& SS1X** 3 B«X*Rt>«v<* HOC MM 199 898 B7 199 MokNoftttSZ H06 3AM L99 1308 300 230 H»»nqP»qgPI«a M» ***** L99 644 M 302 3 SSBySr* IS 3fV9ai|99 s 2KT S SS IS S SS wo aSSS
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      260 4 100,000 sq. ft. Enbloc Office Building For Sale by Private Treaty Suitable for owner-occupiers and investors Location The property is prominently located at the corner of Cecil Street Boon Tat Street Strata Area Approx. 102,149 sq. ft Strata Titles 18 separate titles 4 MALI X fA Carparking 71 Lots Land
      260 words
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      Page 4 Advertisements Column 2
      108 4 Thelip C r r AVAILABLE OluO A SERVICE OFFICE B next to SINGAPORE INTERNATIONAL CONVENTION CENTRE Tramp Business Place offers comprehensive business facilities packages for entrepreneurs and enterprising businessmen always on the Besides stamping a prestigious address on your calling card, professional secretaries will take care of your administration needs
      108 words
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      Page 4 Advertisements Column 3
      163 4 Quickstock... Cost: 30 cents a minute Real-time stock info (stock no. on SES page in BT ZB faxback). Portfolio Manager monitors your stocks (subscription needed). For a fax on Quick Stock, call 740-2350 (24 hrs). To: SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1492
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  • Page 5 Advertisements
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      368 5 DON'T JUST INVEST IN THE FUTURE I [fW INVEST IN R SIR S ran w F UTU RE ft <§m Ml IijrBHiHPrSAVERS ASIA infrastructure fund HH The OCBC Savers Asia Infrastructure Fund is a unit trust whose objective is achieve medium to long term capital appreciation by investing primarily in
      368 words
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  • SOUTH-EAST ASIA
    • Article
      Liberalising the banking industry
      487 6  -  THE BAMK NEGARA REPORT High-powered task force will look at ways to create a more liberal banking environment Reports by Ho Kay Tat in Kuala Lumpur BANK Negara has set up a high-powered task force chaired by deputy governor Fong Weng Phak to find ways to
      487 words
    • Article
      Moderate growth seen in all sectors
      178 6 OUTPUT of all sectors of the Malaysian economy will expand at a more moderate pace this year to lower growth in the gross domestic product (GDP) to 8.3 per cent from 9.5 per cent in 1995. Bank Negara said moderation in growth will be
      178 words
    • Article
      Central bank to maintain tight monetary policy
      337 6 Bid to ensure excess demand, inflationary pressures do not derail growth BANK Negara said it will continue to maintain a tight monetary policy this year to ensure that excess demand and inflationary pressures do not derail economic growth. "In view of the continued
      337 words
    • Article
      1996 current account deficit expected to be lower at M$17b
      284 6 MALAYSIA'S much-debated current account deficit will moderate to Msl7 billion (559.4 billion) or 7.5 per cent of the country's GNP this year after touching a record high of M 517.8 billion or 8.8 per cent of GNP last year. Bank
      284 words
    • NOTE Book
      • Article
        Lock icon Dr M calls for study on Malays
        75 6 AFP [WELLINGTON! VisitingMalaysian Prime Minister Mahathir Mohamad called yesterday for a new professorship at Wellington's Victoria University to study the evolution of the Malay people. He told his audience at the campus that there was a lot of prejudice against "brown Malays". Many
        AFP  -  75 words
      • Article
        Lock icon Laos applies for Asean membership
        61 6 AFP [HANOI] Laos has formally applied for membership of the Association of South-east Asian Nations (Asean), the official Lao news agency KPL, monitored in Hanoi, said yesterday. Ly Southavilay, Lao ambassador in Jakarta, presented a letter on Tuesday from Lao Foreign Minister Somsavat Lengsavad to
        AFP  -  61 words
      • Article
        Lock icon Viet trade deficit up 51%
        58 6 AFP [HANOI] Vietnam's trade deficit increased 51.6 per cent year-on-year to US$B4O million (Ssl.lB billion) in the three months to March 25, according to preliminary Ministry of Trade figures released yesterday. Exports increased 24.8 per cent over the same period to US$l.3l billion while imports
        AFP  -  58 words
      • Article
        Lock icon Thai move to out trade deficit
        63 6 AFP [BANGKOK] Thailand alms to help cut its huge current account deficit by limiting the value of goods brought home by Thai tourists to 5,000 baht (*****) each, the customs department said yesterday. The measure will be implemented April 1 in a bid to
        AFP  -  63 words
      • Article
        Lock icon Manila joins ban on British beef
        25 6 Reuter [MANILA] The Philippines said it had banned imports of British beef because of the mad cow disease. Reuter
        Reuter  -  25 words
    • Article
      Lock icon Suharto invites Howard to visit
      134 6 JAKARTA Reuter INDONESIAN President Suharto said yesterday he would work with the newly-elected conservative Australian government and he had invited Prime Minister John Howard to visit Indonesia. Shane Stone, Chief Minister of Australia's Northern Territory, said after a courtesy call on Mr Suharto that he
      Reuter  -  134 words
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      209 6 I s „4s < X v N'* N v *>.'*>♦ »v i kk vwV »A k> ■> s mm MMPin i WE SERVE YOU GOLF ALL ROUND H i presents Wy II W W, t. fl V H fl ftl m jf -oriAdfl AW M W H s wßr xSk
      209 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      The B share confusion
      607 7  -  CHIVA WATCH Strict rales must be enforced before a merger of the A and B markets takes place By Lu Ning AS China moves to allow free convertibility of Chinese renminbi in current account, rumours doing the rounds on China's only two stock markets the Shanghai
      607 words
    • Article
      Lock icon Human rights deal in the offing
      218 7 WASHINGTON AFP CHINA has offered several concessions on human rights if European countries scrap a draft UN resolution condemning Chinese human rights abuses, Human Rights Watch/Asia said yesterday. Citing sources in the capitals of EU states, it said Beijing offered to become a party
      AFP  -  218 words
    • Article, Illustration
      Lock icon A break from the past
      51 7 [BEIJINGJ Construction workers breaking for lunch on the site where they are building the Donghuari Plaza. China's construction boom is rapidly changing the skylines of its major cities and luringfarmers and other fwral workers away from the countryside. Beijing alone has several million Itinerant workers.
      REUTER  -  51 words
    • SINO Brief
      • Article
        Lock icon 15b yunn loss from farmland pollution
        55 7 AFP [BEIJING] Senior Chinese officials have warned of the threat to agriculture posed by drought and pollution, With harVeet each year, reports said yesterday. Vice-Minister of > Agriculture Hong Puzeng said the acreage of China's peHuttti farmland had hit 10 million hectares, causing annuallosses
        AFP  -  55 words
      • Article
        Lock icon Natural disasters kill over 5,500
        74 7 Reuter [BEIJING] Floods, storms, earthquakes, droughts and. other natural disasters killed 5,561pe0p1e in China in 1996 and inflicted 186.3 billion yuan (5531.3 billion) of losses, the China News Service said ina report received yesterday. Southern China was swamped by torrential rain while the north suffered
        Reuter  -  74 words
      • Article
        Lock icon Taiwan growth projected at 8%
        90 7 Bloomberg Business News [TAIPEI] Taiwan's economy will grow more than 8 per cent this year, Premier Lien Chan said in an administrative" report to the parliament on Tuesday, the Economic Ekiity News reported. Taiwan's average economic growth rate over the next 10 years will be
        Bloomberg Business News  -  90 words
      • Article
        Lock icon Russia offers aid far N-power plant
        82 7 Reuter [BEIJING] Moscow has offered Beijing a US$2 billion (Ss2.B billion) low-interest loan to supply two Russian reactors and other gear to a nuclear power plant in north-east phina, a plant official said yesterday. The 15-year loan ."would carry an annual interest rate of
        Reuter  -  82 words
      • Article
        Lock icon Daya Bay expansion to start in July
        50 7 Reuter [BEIJING] Construction of the US$3.4 billion (554.76 billion) expansion of China's French-backed Daya Bay nuclear pow&r station near Hongkong will begin in July, officials said yesterday. Two 1,000 MW reactors will go into service in July 2002 and March 2003, they said.—Reuter
        Reuter  -  50 words
    • Article
      Lock icon Tariff quotas for farm imports from April
      164 7 BEIJING Reuter CHINA is to from April. 1 tariff quotas oh imports off-some agricultural goods, an official of the tariff committee under the cabinet's State Economic and Trade Commission said yesterday. This is the first time Beijing is adopting tariff quotas on such
      Reuter  -  164 words
    • Article
      Lock icon China pressure won't stop democracy in HK: Patten
      285 7 MHONGKONG AFP ALL China's throats and pressure in the run up to the change of sovereignty here will not snuff out the development of democracy in Hongkong, Governor Chris Patten was quoted yesterday as saying. China has vowed to scrap Hongkong's Legislative
      AFP  -  285 words
    • Article, Illustration
      Lock icon US risks fresh Chinese wrath over Taiwan
      441 7 BEIJING Senator says he's planning to invite Teng-hui for a visit Reuter AFP THE United States risks sparking a fresh bout of Chinese wrath if it allows Taiwan's President Lee Teng-hui to accept an invitation to visit, Beijing said yesterday. Conservative US Senator
      Reuter; AFP  -  441 words
    • Article
      Lock icon Carrier leaves as Perry says crisis has passed
      169 7 WASHINGTON AFP THE United States began scaling back its armada off Taiwan on Tuesday and US Defence Secretary William Perry said the crisis between Beijing and Taipei had passed. "Now that the exercises are over, I think this particular crisis is behind
      AFP  -  169 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      76 7 LIQUIDATION Complete HDPE blow film plastic bog (T-Shirt style and bags on the roll) making plont of capacity 3000 TPA Dismantled and ready for shipment. Valuation done fay SOS at US$l.l million. Machinery Details: •15 Extrusion Machines •13 Printing Machines 22 Bag Making Machines C/W Unwinding Unit 2 Punching Mochines
      76 words
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      Page 7 Advertisements Column 2
      185 7 Leader, Pg 10 I r KIME KtblDtlM lIHL DfcVELUrMEJN l I I SITE: 140 HILLVIEW AVENUE I I Cerebos Site "os** 1 It I I \t.\v I J"*** I I A J/\ I I w 1 I H v I I o Sffc Asfa 123,494 sq ft a I I
      185 words
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  • ASIA
    • Article
      Lock icon Victoria's govt to seek A$4b in investment if re-elected
      242 8 MELBOURNE Reuter THE government in the Australian state of Victoria said yesterday it would try to attract at least As 4 billion (554.35 billion) of new private sector investment to the state by the year 2000 if re-elected. Premier Jeff Kennett
      Reuter  -  242 words
    • Article, Illustration
      Lock icon No real recovery, only yen-driven growth: survey
      368 8 TOKYO Economists predict 2J2% growth, fearing structural problems will hinder recovery WHILE Japan's economy will grow this year at its fastest clip in five years, the Nikkei Stock Index and yen-dollar rate won't budge much by year-end, economists predicted in a Bloomberg Business
      Source: Bloomberg  -  368 words
    • Article
      Lock icon Japanese govt to seek effective use of land, says Hashimoto
      221 8 TOKYO Reuter JAPAN'S Prime Minister Ryutaro Hashimoto said that it was important for the government to seek the effective use of land. Mr Hashimoto told a parliamentary panel that Japan's land prices appeared to have fallen to the level where
      Reuter  -  221 words
    • Article, Illustration
      Lock icon Graduation concert
      32 8 [TOKYO] School children performing a classical piece at the graduation ceremony of Suzuki Method Music Institution yesterday. Some 500 children played the violin together before their parents and teachers. AFP
      AFP  -  32 words
    • ASIA Notes
      • Article
        Lock icon OK expected for Japan's stop-gap budget
        52 8 AFP (TOKYO] Japan's House of Representatives yesterday passed a 50-day stop-gap budget worth 11.62 trillion yen (***** billion) for the fiscal year beginning on Monday. The budget plan was immediately sent to the House of Councillors which was expected to give final parliamentary approval
        AFP  -  52 words
      • Article
        Lock icon Okinawa governor to appeal
        47 8 AFP [TOKYO] Okinawa Governor Masahide Ota said yeeterday he would appeal against a court decision ordering him to force local landowners to renew leases tor local military facilities run by the United States. The governor said he was "disappointed" by the ruling. —AFP
        AFP  -  47 words
      • Article
        Lock icon N Korea short of hard currency: defector
        38 8 AFP [SEOUL] North Korea is so deficient in hard currency that a trading company needs the approval of uncrowned leader Kim Jong-Il before using its own dollars, a defector said yesterday.—AFP
        AFP  -  38 words
      • Article
        Lock icon Descending from heaven
        81 8 AFP [TOKYO] Japan's finance ministry remained the biggest supplier of retiring bureaucrats to private Anns last year, an official report said yesterday. The state's National Personnel Authority said 188 government bureaucrats retired last year and landed jobs in companies closely related to their former public offices, a
        AFP  -  81 words
    • Article
      Lock icon Election body examines TV show on Rao
      196 8 NEW DELHI Reuter INDIA'S Election Commission was studying a television film on Prime Minister PV Narasimha Rao's economic reforms yesterday after opposition parties accused him of unfairly promoting himself ahead of polls. United News of India said the three-member body headed by Chief
      Reuter  -  196 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      119 8 Only one direction for the Tokyo market up, Pg 15 i 'l' I II I M 11—^^ Not just down under, but all over. Qantas' services to Australia and New Zealand are unmatched. But we can take you and Bangkok, with flights to Jakarta five times and Kuala Lumpur three
      119 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Dole declares victory in Republican race
      547 9 K Bate for ftp* White House Jtdfig WASHINGTON Buchanan refuses to quit and demands major role in shaping party platform Bloomberg Business News 808 DOLE declared victory in the race for the 1996 Republican presidential nomination after winning the primary in the nation's most
      Bloomberg Business News  -  547 words
    • Article
      Lock icon Asian immigrants boost economy
      188 9 WASHINGTON Reuter TAKING in immigrants from Asia and the Pacific has paid big dividends for the US economy, a study released yesterday said. The study's authors 16 scholars and immigration experts said they hoped their report would help "reframe" the debate in Congress, now considering the
      Reuter  -  188 words
    • Article
      EU citizens uninterested in reform
      341 9  -  BRUSSELS Poll shows only 15% aware of upcoming Turin talks By\ Shada Islam AS they prepare to meet in Turin in Italy tomorrow to launch at least 18 months of negotiations on institutional reform, European Union leaders are finally begining to worry about lack of
      341 words
    • Article
      Lock icon Pointless to delay EMU: Buba chief
      239 9 LAVAL, France Bloomberg Business News Reuter BUNDESBANK President Hans Tietmeyer said it is pointless to debate a postponement of the planned European currency while declining to predict how many countries will take part in it. "For the time being I can see no argument
      Bloomberg Business News; Reuter  -  239 words
    • Article
      Lock icon EU declares global ban on British beef
      296 9 BRUSSELS Reuter THE European Commission said yesterday it was declaring a global ban on British beef exports and announced its willingness to help the industry weather the crisis. "The measures, which it must be emphasised are of a provisional nature, ban the export
      Reuter  -  296 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      175 9 4 lraditions ot i i y.- TT colour and nPPMKn|p Harmony, mmmm v kospitality wj| :JHo|pßpH^K v? "*s Tke spirit of Singapore JH Jh| captured in a unique kotel. Tke jp 1 f Hotel Inter-Continental Singapore m mm Mends modern facilities with :.lf|' You'll find eckoes of Singapore's h •>>.
      175 words
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      Page 9 Advertisements Column 2
      282 9 w t t v 4 a -1■ r The UK's National Computins Centre, a Jf leading independent IT training organisation, can now offer you a new structured, fast track career path in IT, all the fej way to the top. f BSc (Hons) Degree in I f Computins and Information
      282 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Cyberway will help raise Internet savvy
      680 10  -  THB BOTTOM LZVB OPINION By Kenneth James The writer is BTs technology editor MARK rr as a major upgrade of Singapore's Internet arena Cyberway's formal entry as the third Internet service provider (ISP) has redefined the local playing field in important ways. Most significantly,
      680 words
    • Article
      IN OTHER WORDS
      175 10 To deny press freedom in Asia is tantamount to assuming that there is an .inherent incompatibility between Asian values and liberty. Tliis argument is fallacious.' -Amvftrakta Malaysian deputy prime minister, speaking at the launch of the load printing of The Asian Wall Street Journal on Tuesday. 'Where
      175 words
    • Article
      Turn danger into opportunity
      613 10 EDITORIAL IF ANYTHING, the recentlyconcluded Taiwan presidential election has shown that it is in the best interests of Taipei and Beijing to construct a framework under which the two sides can resolve their differences gradually and peacefully, and out of the glare of international publicity. In
      613 words
    • Article, Illustration
      Sino-US ties in tatters
      1056 10  -  Oratress will Mock Clinton's bid to renew constructive engagement with China in the wake of Taiwan crisis By Leon Hadar The writer is BT's Washington correspondent "I'M NOT so sure that we were very successful at pursuing our constructive engagement policy with China." That admission, from
      1,056 words
    • Article
      WHAT THE OTHERS SAY
      792 10 THE administration's foreign affairs budget is receiving a downright negative reception in Congress... The advocates of retrenchment have no particular theory of their case. They make no serious claim that, in a postCold War world characterised by recurrent violence and ev-er-growing inter-relatedness in economic, immigration, ecological
      792 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      30 10 POOH USBPR7 By Gary Trudeau FRiettP'lM BUT I cation, durrste, S \x>BeTm\ iHEAKPrr r aunoußFßw thought i^youßiMn&.^asHr.M^ BUTTTLOOKSUKB I 06AZSR. \FFOMAFRJEMP. J XXJPON7HAVE XX/- 7 1 IPtt£TBNP J p=icr^ >,V
      30 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Stopping executions is her business
      1335 11  -  Oscars have brought fame to the author of Dead Men Walking. Visits to men on death row are the impetus behind Sister Helen's celebrity, says rick bbaoo RICK BBAGG NYT THE young man Sister Helen Pre jean has come to visit this pre-spring morning has
      NYT  -  1,335 words
    • Article, Illustration
      Delicate balance between conservation and commerce
      825 11  -  CONSERVATION Will tearism help to preserve monuments or run them? Toh Han Shih IT IS an age-old problem: which comes first, conservation or commerce? Famed South-east Asian monuments like Angkor Wat and Borobodur, for example, draw millions of tourists every year, generating large revenues.
      825 words
    • Article
      Lock icon Cutting the risk of heart attacks
      421 12 HEALTH Five-year study finds taking a widely prescribed cholesterol-lowering drug is beneficial Reuter [ORLANDO, Florida] Heart attack victims can reduce their risk of having another one or dying from heart disease by taking a widely prescribed drug that lowers their cholesterol level even if
      Reuter  -  421 words
    • Article, Illustration
      Lock icon The law keeps an eye on art
      55 12 [SINGAPORE] A police officer looking at Ni Tijawan and Little Ketoet at a Weaving Loom, a 1939 Balinese painting, during a public viewing of Christie's South-east Asian Pictures sale. A total of 170 pictures valued at about US$2.3 million (553.2 million) are up
      AFP  -  55 words
    • Article, Illustration
      Lock icon Stone rides into Mexican jungle with rebel chief
      422 12 PEOPLE Reuter [LA REALIDAD, Mexico] Os-car-winning film director Oliver Stone rode off with Zapatista leader Subcommander Marcos into the Mexican jungle on Tuesday, wearing a black ski-mask given to him by the pipe-smoking rebel The trip followed a brief encounter between Stone
      Reuter; REUTER  -  422 words
    • Article, Illustration
      Lock icon In Hollywood, all the world's a producer
      862 14 MOVIES The boom in so-called film producers is beginning to irk the real McCoys Los Angeles Times [HOLLYWOOD] Steve Jobs isn't just one of America's best-known computer entrepreneurs. He's also a movie producer. So is former New York deputy mayor Ken Lipper and
      Los Angeles Times  -  862 words
    • CHATTER Box
      • Article
        Lock icon Baggage handler: I stole Fergie's ste
        139 14 Reuter [NEW YORK] A baggage handler at New York's Kennedy International Airport pleaded guilty on Tuesday to stealing US$6OO,OOO (S$700,000) worth of jewellery belonging to the Duchess of York. Gilbert Terrero, 20, admitted in federal court in Brooklyn to rifling through the duchess' luggage
        Reuter  -  139 words
      • Article
        Lock icon La Soala to shut for 2 years
        115 14 Reuter [MILAN] Italy's temple of opera, La Scala, will shut for two years at the end 0f1999 tor renovation, city authorities in Milan announced on Tuesday. They said the Scala company would move during restoration work to a new 27 billion lira (5g24.3
        Reuter  -  115 words
      • Article
        Lock icon Vetaran BBC announcer dies
        87 14 Reuter [LONDON] Veteran BBC announcer John Snagge, who broke the newß of the 1944 D-Day landings and who for decades was the voice behind the Oxford-Cambridge boat race, has died aged 91, relatives said on Tueaday. Snagge who joined the BBC on 1924 and worked for
        Reuter  -  87 words
      • Article
        Lock icon Two authors to receive Banoroft Prise
        90 14 NYT (NEW YORK] Two authors were to be named the 1996 winners of the Bancroft Priae, awarded annually by Columbia University for books about American hiatory biography and diplomacy, at a ceremony laat night David S Reynolds, 47, waa chosen for Wait Whitman's America:
        NYT  -  90 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      155 11 iUc drtj ill f i v? y* r Dinner Opera with The internationally renowned opera Madame Butterfly Madame Butterfly, will transport you back ft A* Hi to C a y s l m P er a Japan. Set In Nagasaki, 3 Japan, the opera chronicles the sad story of April
      155 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      658 12 IB TO WINE. DINE AMD ENTIBTAUI J 1L WORLDS UWGEST SELUNQ BEER JK 12-31 March 96 Savour our hawker delights from Prawn Met Soup, Laksa, Roti Praia, Popiah to mouth-watering desserts. Certainly a feast worth indulging! Only at Cafe Carousel! For reservations, please call 831 2868. Lunch: $16M(adult) $10MT (child
      658 words
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      Page 12 Advertisements Column 2
      154 12 I I t I I I Lunch with a difference at The Mezzanine. Our Sophisticated Sandwiches, with names inspired by i J faraway places, ate a trip in themselves So are our quiches, salads J and sinful desserts. In the inviting ambience of The Mezzanine„j I youU indeed have a
      154 words
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      Page 13 Advertisements Column 1
      142 13 Where to wine, dine and entertain Come and join the Easter Children's Party for FUN, GAMES, MAGIC SHOW, t j a yummy lunch spread and lots of Prizes! ij 7th April 1996 r Sunday, I.oopm \Ueko your rmerveHona today to m/oU 1 dboppotntment c»M 733 2081 ext 468 lASTBI LUNCH
      142 words
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      Page 13 Advertisements Column 2
      172 13 I mate. Tlutt'a bectuie they um only the beat stocks and ingredients and rely on the experience of Singapore's most talented cksfs. Spoil yourself today. Melting Pot Cafe Introduces a New Menu with new concepts 6c more varieties at affordable prices! *Value Mtals-On-Traya Comes complete with fragrant rice, hot, steaming
      172 words
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      Page 13 Advertisements Column 3
      160 13 2S OQOaOIAS SnuttcA St Stmdtf. 7 Aput fff6 It's a bunny fun time for all with game stalls, kiddy rides, special appearance by our guest celebrity and a tempting selection of goodies I $40 nett Adult $30 nett Child* Gel your tickets at the FAB office by calling *****05 11.30
      160 words
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      Page 13 Advertisements Column 4
      202 13 Singapore Business giving you the winning edge 1, 11 I Housed a. the REZT International Hotel, MIWW Hsiang with a decade of experience, takes pride in ■■■■■Im //§{fjs providing you the most sumptuous ]j jGIL l! feast enhanced by an elegant V trr armos^lElls unc er one roo^- lIQ Choose
      202 words
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      Page 13 Advertisements Column 5
      29 13 SIE i We bake our cakes and pastries freshly throughout the day, and after 6pm we cut the prices all in half. So pop by for a good treat!
      29 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      627 13 TV&RADZO The Nanny. TM 12D11 Tamil Seithi. llilM lii I 4M AM Soccer Asian Olym- -S^!t2 f rlU pic Qualifier 96 Japan .!iS t ayar u Mi SfSr,, —S»iw Dftuna) HEST- Hf uo IS tenu onal ■HMMi |K'f S Money /F^" 1 US T tSXS**"™" 30 oney *on®y. Money Countdown.
      627 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      297 13 CRVFTIC CROSSWORD 1 Joy of living in France ***** 7 Stick with something funny per- Hjj H|| Ml HM haps during hand in a card- it) game (7) I I I I I I I I I I I 8 Keep secret once in California |H B| Mb kv 10
      297 words
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      328 14 f/V A£X9k H Ri 1 SB ■pO TgSi I llifefeiiil ft. ({fs i/~j '1H iip*' 'y/ *I*®* 91 1 1 "ndfr iii« !r 1 < IS plifls^BSi^ h *w t "ijir^ V -zmSMs* 3 origin ofthe Basque country is still a mysteryh H >; .6jl' gr ±fa Geographically it is
      328 words
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  • COMPANIES & MARKETS
    • Article
      EML hints at major revamp and equity changes
      251 15 IfnptlitiMH built hold between major shareholder and A ,1 J interested party [SINGAPORE] Cash-strapped Electro Magnetics (1992) Ltd has hinted it might be in for a major restructuring and equity change if negotiations between its major shareholder and an interested party succeed.
      251 words
    • Article, Illustration
      Lock icon Only one direction for the Tokyo stock market — up
      747 15  - Only one direction for the Tokyo stock market up HOCK LOCK SIEW Anthony Rowley RISING stock markets are said to "climb a wall of fear" with many a nervous setback en-route to the summit but the Tokyo market has also had to tackle a marathon hurdle course during its ascent
      Source: Bloomberg  -  747 words
    • Article, Illustration
      JSL's 27% fall in profit larger than anticipated
      529 15  -  CiapaiykdpNr secta! half and 33% fall in shipyard profit bat chairman says worst may be over By Rahita Elias [SINGAPORE] Jurong Shipyard Ltd (JSL) yesterday reported a disappointing set of results for 1995, pulled down by its poor performance in the second
      529 words
    • Article, Illustration
      Sukamto gets cut in price for closing Amcol deal early
      327 15  -  Even with the 12 cent discount, he is paying a premium By 1 William Chin [SINGAPORE] Indonesianborn businessman Sukamto Sia has been given a 2.67 per cent discount for early completion of the purchase of a block of 6.6 million
      327 words
    • Article
      Guthrie clarifies sale of condos
      163 15 [SINGAPORE] Listed Guthrie GTS has reserved 12 units in its Fifth Avenue condominium project for a second phase launch. Forty-two units in the 70unit development in the Bukit Timah area were sold at a special preview on Monday, Guthrie said in a statement yesterday to
      163 words
    • REGIONAL COMPANIES
      • Article
        Dairy Farm net profit down 37%
        462 16  -  Mandarin Oriental's earnings up by 10%; both Jardine units declare high dividends From Quak Hiang Whai in Hongkong CONSUMER group Dairy Farm International Holdings saw sharply lower profits for 1995 while sister company Mandarin Oriental International lifted earnings by 10 per cent during the
        462 words
      • Article
        Lock icon Four held over fraud in share balloting process
        267 16 NST [KUALA LUMPUR] Four people have been arrested on suspicion of manipulating the processing of applications for Gadek Capital Bhd shares which was being handled by MIDF Consultancy and Corporate Services Sdn Bhd. Three people were arrested last Thursday after questioning. A
        NST  -  267 words
      • Article
        Lock icon Go-ahead for Indah Kiat rights, warrants
        416 16 812b nqriah issue to help repay debt and fond expansion Bloomberg Business News [JAKARTAI PT Indah Kiat Pulp Paper shareholders approved the sale of rights shares and warrants that could raise as much as 812 billion rupiah (Ss4B7 million) to repay debt and fund
        Bloomberg Business News  -  416 words
      • Article
        LC Dev's net profit up 15%
        203 16 [SINGAPORE] LC Development, an investment holding company and subsidiary of Lum Chang Holdings, yesterday posted a 15 per cent increase in group net profit to $234,000 for the half-year ended Dec 31 last year. This earnings growth was achieved on the back of a
        203 words
      • Article, Illustration
        Lock icon 7-Eleven multiplying
        58 16 [HONGKONG] One of many 7-Eleven stores in the British colony. The chain, owned by Dairy Farm International Holdings, has announced a joint venture with Guangzhou Foreign Economic Enterprises, a subsidiary of China's Ministry of Foreign Trade and Economic Cooperation. It plans to open up to 100 outlets throughout
        AFP  -  58 words
      • Article
        Lee Kim Tah posts 18% higher earnings
        223 16 [SINGAPORE] Constructionbased Lee Kim Tah Holdings posted an 18.3 per cent rise in 1995 group net earnings to $4.94 million. Announced its financial results for the year ended Dec 31, 1995, the group yesterday said the rise in net profit was achieved on
        223 words
      • Article
        Omni Mold earnings rise 11% to $1.5m
        131 16 [SINGAPORE] Omni Mold last night announced an 11 per cent rise in net earnings to $1.5 million for the year ended last Dec 31. Strong repeat orders as well as new major customers boosted turnover by 49 per cent to $16.8 million. The
        131 words
      • Article
        SNP Corp posts 32% drop in earnings
        195 16 [SINGAPORE] Printing firm SNP Corp saw its group net earnings drop 32 per cent to $3.5 million in 1995 as a result of strong competition. Its earnings were below analysts' estimates. According to the latest issue of The Estimate Directory, analysts had expected
        195 words
      • Article
        Lock icon Kia Lim gets nod for KLSE listing
        103 16 Reuter [KUALA LUMPUR] Kia Lim Bhd said It has received approval from the Securities Commission for the company's public listing on the Kuala Lumpur Stock Exchange (KLSE) main board. It said that the Foreign Investment Committee and Ministry of International Trade and Industry's
        Reuter  -  103 words
      • COMPANY Briefs
        • Article
          UniFund to go on forward pricing
          87 16 [SINGAPORE] United Overseas Bank's open ended unit trust, UniFund, will be offered on a scrlpless and forward pricing basis from today. With this change, all nine unit trusts managed by UOB's subsidiary UOB Asset Management will be scriplees and on a forward pricing basis.
          87 words
        • Article
          Blec opens two new Thai plants
          53 16 (SINGAPORE] Mainboard-listed Elec ft Eltek International Company yesterday opened two new plants in Thailand to make printed circuit boards (PCB). The plants, in Ayutthaya, north of Bangkok, are expected to produce over 100 million sq ft of PCBe a year. The ftaciliUee cost USIIO
          53 words
        • Article
          Sing Investments profit leaps 50%
          63 16 [SINGAPORE] Sing Inveetments and Finance's group net profit jumped 56.5 per cent to $4.4 million for the year ended last Dec 31. Group operating revenue roee 28.7 per cent to $312 million. Earnings per share moved up from 5.53 cents to 8.56 cents while net
          63 words
        • Article
          Wing Tai lifts DNP stake to 4.5%
          75 16 [SINGAPORE] A total of 71.51 million shares ofDNP Holdings has been issued to Wing Tai under DNFs 1-fcr-l rights issue at MH.6O per share. These shares comprise Wing Tai's entitlement to subscribe to 70.16 million shares •fid tts SUf ressftll "f 1 as
          75 words
      • Article
        Goldtron handphone has Chinese character display
        173 16 [SINGAPORE] Sesdaq-listed Goldtron Ltd has launched the world's first GSM handphone capable of displaying ideographic characters like Chinese, Thai and Cambodian. Goldtron said in a press statement yesterday that the handphone is developed by its wholly-owned subsidiary, Goldtron Telecommunications. Like other GSM handphones, Goldtron's
        173 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        TVB reports dismal full year results
        403 17  -  Analysts had forecast 18% fall in earnings bit net profit plunges 24% toHKs4Bsm From Quak Hiang Whai in Hongkong HONGKONG'S largest television network, Television Broadcasts Ltd (TVB), said yesterday its net profit for 1995 tumbled 24 per cent to HK5485.55 million (5*88.4 million). The
        403 words
      • Article, Illustration
        Lock icon Telstra's entry hits Telecom NZ shares
        256 17 Reuter Bloomberg Business News [WELLINGTON] Shares in New Zealand's biggest company, Telecom Corp of New Zealand, fell yesterday after news that Australia's Telstra was raising the temperature in the crowded local telecoms market The Australian stateowned company was launched in New Zealand on Tuesday,
        Reuter; Bloomberg Business News; Source: Bloomberg; BCRUZ  -  256 words
      • Article
        Orange shares soar 18.5% on listing
        342 17  -  Major stakeholder British Aerospace's shares rise too From] Neil Behrmann in London SHARES of Orange Communications, the UK mobile telephone network, yesterday soared to 243 pence, a premium of 38 pence or 18.5 per cent over the listing price of 205 pence. The premium
        342 words
      • Article
        Dharmala unit in joint venture to bid for Manila project
        312 17  -  Guoco-Hong Leong M'sia also bidding for water systems deal From. Al Labita in Manila A LISTED subsidiary of Indonesia 's Dharmala group is venturing into infrastructure projects to shore up profits which showed a slight dip last year. Dharmala Philippines
        312 words
      • Article, Illustration
        Lock icon Cheung Kong, CIBC Wood Gundy open HK brokerage
        261 17 Bloomberg Business News [HONGKONG] Hongkong billionaire Li Ka-shing and CIBC Wood Gundy Securities Inc said they opened a brokerage firm in Hongkong that will begin trading securities for clients this week. CEF GC Brokerage Ltd is 47 per cent-owned by Mr Li's
        Bloomberg Business News  -  261 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon NYSE tops US$1 trillion in volume within 3 months
        419 18 Surge brought by mutual funds' popularity and 16-month stock rally Bloomberg Business News (NEW YORK] Less than three months into the year, more than US$l trillion (Ssl.4 trillion) worth of stock has traded on the New York Stock Exchange, bringing joy
        Bloomberg Business News  -  419 words
      • Article, Illustration
        Lock icon Silicon Valley pioneer David Packard dies
        367 18 Reuter [PALO ALTO, California] David Packard, a giant of the high technology industry who co-founded Hewlett-Packard Co and fathered California's Silicon Valley, died on Tuesday at the age of 83 due to complications from pneumonia. Mr Packard, a leading American businessman and philanthropist who
        Reuter  -  367 words
      • Article
        Lock icon Apple's senior debt lowered to junk status
        264 18 Concern over firm's need to spend heavily on revamp Bloomberg Business News [CUPERTINO, California] Apple Computer Inc's US$3O5 million (***** million) of senior debt was downgraded to junk bond status by Moody's Investors Service Inc amid concern that the company will have to
        Bloomberg Business News  -  264 words
      • Article
        Lock icon Glaxo, Pfizer decline comment on merger speculation
        266 18 Bloomberg Business News [LONDON] Glaxo Wellcome pic and Pfizer Inc declined comment on market speculation that the two drugmakers could be the latest to join forces amid a spate of drug industry mergers in recent years. A Glaxo spokesman recalled that less than
        Bloomberg Business News  -  266 words
      • Article
        Lock icon Sun Micro fixing Net security flaw
        270 18 Reuter [PALO ALTO, California] Sun Microsystems Inc has been working non-stop since Friday to fix a security flaw in its new Java programming language used on the Internet, a spokesman said on Tuesday. A computer science professor at Princeton University, Edward Felton, and two
        Reuter  -  270 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon China central bank delays open market operations
        460 19 Control of interest rates by trading of T-bills is held back due to stable credit situation: analyst AFX-Asia, Reuter Reuter [SHANGHAI] The People's Bank of China's (PBOC) has delayed the start of open market operations in bond trading, originally scheduled to begin on
        AFX-Asia, Reuter; Reuter  -  460 words
      • Article, Illustration
        Lock icon Changing times
        50 19 [HANOI] A street foreign exchange money changer counting US dollar bills in downtown Hanoi just a few metres from police manning traffic. The number of illegal money changers, who offer the same rate as the banks, is growing and the authorities are doing little to stop them. AFP
        AFP  -  50 words
      • SMALL Change
        • Article
          Banque Indosuez to raise HK$1.2b
          55 19 [SINGAPORE] Banque Indosuez, through its Hongkong branch, yesterday signed an agreement to raise HK$l.25 billion (*****.5 million) through a floating rate certificate of deposit. The FRCD, with a maturity of three years and three months, pays an interest rate of 0.45 per cent above the
          55 words
        • Article
          Lock icon Whai Kee sells 5% stake in China unit
          90 19 Bloomberg Business News [HONGKONG] Wal Kee Holdings Ltd will sell 5 per cent of its China road subsidiary to three investment funds run by HSBC Holdings pic for HKSI2B million (5123.3 million), the company said. The company agreed to sell 66 million
          Bloomberg Business News  -  90 words
        • Article
          Lock icon Lioyds TSB mulls underwriting arm
          75 19 Reuter [LONDON] Lloyds TSB is considering setting up a general insurance underwriting business to service the whole group, the Financial Times reported yesterday. It said the underwriter would replace the group's diverse arrangements through which various parts of the group sell the policies of different
          Reuter  -  75 words
        • Article
          Lock icon Man tries to extort from Smith Barney
          82 19 Bloomberg Business News [NEW YORK] An Arizona man has been indicted ou charges of trying to extort US$5 million (S|7 million) from Smith Barney Inc in exchange for returning to the brokerage a confidential list containing the names of 660,000 of its clients.
          Bloomberg Business News  -  82 words
      • Article
        Lock icon Everbright Bank to issue shares
        254 19 AFP [SHANGHAI] China's stateowned Everbright Bank will be restructured to become a shareholding entity this year, a newspaper reported yesterday. The Shanghai Securities News daily said the Everbright Group, which was under the aegis of the state council, would be the controlling stakeholder and continue
        AFP  -  254 words
      • Article
        Lock icon Court rejects bid to delay Chase, Chemical merger
        351 19 Community group argues merger will leave neighbourhoods nnderserved Reuter, Bloomberg Business News Reuter [NEW YORK] A three-judge panel of the US Court of Appeals denied a motion by a community group that would have delayed the merger of Chase Manhattan Corp and
        Reuter, Bloomberg Business News; Reuter  -  351 words
      • Article
        Lock icon Bank wins appeal against Florida's state insurance ban
        231 19 Bloomberg Business News [WASHINGTON] Banks won broader rights to sell insurance in many parts of the US as the Supreme Court on Tuesday struck down a Florida law that barred policy sales by most national banks. "This is a real positive move
        Bloomberg Business News  -  231 words
      • Article
        Lock icon Overcapacity seen to be banks' biggest banana skin
        397 20 Survey also shows fierce competition forces banks to take risks which could cause crisis Reuter [LONDON] Intense competition for business among banks forces them to take unacceptable risks which could cause a banking crisis, a report published yesterday said. This was top
        Reuter  -  397 words
      • Article
        Lock icon US, Japan firms in Indon mine tie-up
        250 20 Sumitomo to invest uptoUSs2somin Newmont's project Bloomberg Business News [DENVER] Newmont Gold Co has signed an agreement in principle with Sumitomo Corp to jointly develop Newmont's massive Batu Hijau deposit in Indonesia. Sumitomo will invest up to US$25O million (*****.7 million) to obtain
        Bloomberg Business News  -  250 words
      • Article
        New body for reinsurance brokers
        124 20 [SINGAPORE] Reinsurance brokers in Singapore have formed a body to represent their professional interests and ensure a code of practice. The new outfit, called the Reinsurers Brokers' Association (Singapore), also aims to build a "viable and dynamic" reinsurance community here. It will organise activities including
        124 words
      • Article
        Reboiler woes but Shell sticks to July shutdown
        252 20 [SINGAPORE] Shell Bukom is sticking to a July maintenance schedule for its largest crude distillation unit despite losing 1,000 tonnes of kerosene a day since early March because of a problem at a reboiler unit. "At this point, we have no plans
        252 words
      • Article
        Lock icon Euroyen up on fall in cash rates
        228 20 SBKELReport Reuter [SINGAPORE] Simex Euroyen futures surged, following an afternoon drop in cash money market rates, but dealers said further gains would be difficult in the near term. "The rally was triggered by cash rates trading down to 0.46/47 per cent after being
        Reuter  -  228 words
      • Article
        Lock icon CURRENCY REPORT
        167 20 Reuter AFP Tiitfuiim THE dollar staged a solid performance but was unable to extend early gains despite breaking above a key level on the charts at 1.4820 marks. "The big question now is can the US buUd on Europe's price action and take the dollar up to the
        Reuter; AFP  -  167 words
      • Article
        Lock icon Shell forms joint venture to exploit Russia's Salym fields
        280 20 ENERGY REPORT Bloomberg Business News [LONDON] The Royal Dutch/ Shell Group said yesterday that it had formed a joint venture to pursue a US$lO bUlion (SSI4 billion) development of the Salym oUfields about 3,000 km north-east of Moscow. The company agreed
        Bloomberg Business News  -  280 words
      • Article, Illustration
        Untitled
        1199 20 INTERBANK CURRENCY RATES IStrlSt to on* unit oflbrtign cvrrmcy: SSXJB$ to ttO iw» kmXttHm Mar I.09H 1.0930 0.77S4 0.7759 Fraacft Itmc *****0 ZtJKTi 19.199 8.7SW CwtaMKr 1.0333 1.0344 0)340 0.7343 Maa#aa|(a«« «J0 10.22 H.9321 ltttt9 ECO 17(30 1746) UUO L2537 MmmH n*ak MW 0.0403 0.0421 0.0424 UMto 0.9422 0.9434 0.4435
        1,199 words
    • Article
      COMMODITY PRICES
      1549 21 fflOOMPUTUm Mar 27 RMKR(Mmt<Mat«atU0|a> RSSICflNTRACTgCMfaAtf Oom Vofcwo Opo* M—Ml Nlgfc Lot Sott (two) Iwtortrt «pr96 2H50 275 thy 96 m.00 210.50 210J0 1350 4875 J»96 207.00 ***** 207.00 100 2550 M/WM 207.00 202.75 ***** 1200 <0425 0ct/DK 202.00 ***** JmfitmfJ ***** 2475 RSS 3 CONTRACT (US c«toA# Vote*
      1,549 words
    • Article
      WORLD STOCK MARKETS
      2282 21 T f o«f» L ondpir. FT S E «0 3,672.4 ♦US Port*: CAT-40 2.030.51 +22.M Stockholm OMX UMLtt Frankfurt DAX 2J2142 »26.10 Bnmota Kl-20 V68SJ1 »TM MBan; Mb-30 aw Amstortfam: COC unov ZuricltrSM 3,670.6 ♦K.I JtWvJohan-M UW <1U III# M VMuO ttHH mi VTi i iTIBTIII Toronto:
      2,282 words
    • Article
      Lock icon TOKYO
      1629 21 AFX-Asia Q Nikkei 225 ♦aisw SHARE prices yesterday closed at the day's highs on the back of active buying of leading cyclicals and futures-led gains, brokers said. The Nikkei 225-share Average ended up 315.21 points at 21,329.98, a rally of 1.5 per cent. The Topix Index ended up 15.97
      AFX-Asia  -  1,629 words
    • Article, Illustration
      Lock icon HONGKONG
      1624 22 Bloomberg Business News FlHan&Seog *8210 STOCKS rose, after companies reported earnings in line with expectations. "Citic and Henderson Land came out about where people expected," said a dealer. "There were no surprises." The Hang Seng index rose 82.10 points to 11,066.57. In the index, seven stocks fell and 21
      Bloomberg Business News  -  1,624 words
    • Article, Illustration
      Lock icon CHINA
      629 22 Reuter Shanghai B Share lidex -&20 THE Shanghai B Index eased in slow trade after investors sold stocks in companies expected to have performed poorly last year. The index lost 0.20 point to 50.50 on a volume of 4.7 million shares worth US$2.6 million. "Most investors stayed on the
      Reuter; Source: Credit Lyonnsis Securities (Asia) Ltd  -  629 words
    • Article
      Lock icon TAIPEI
      372 22 AFP QVPUn -4UH SHARES finished lower in a technical correction after 11 consecutive winning sessions. "It's normal for the overbought market to show a downswing and consolidate recent rallies," said a dealer. The Weighted Price Index fell 49.81 points to 5,043.11. Turnover was 1.02 billion shares worth NT530.22 billion.
      AFP  -  372 words
    • Article, Illustration
      Lock icon JAKARTA
      702 22 Bloomberg Business News Q Composite Index ♦LIS STOCKS rose, led by financial companies, after Lippo Bank posted profit that was higher than analysts had expected. Lippo said pretax profit for 1995 rose 32.4 per cent to 137.3 billion rupiah (5582.8 million). The stock rose 550 rupiah to 4,525. The
      Bloomberg Business News  -  702 words
    • Article, Illustration
      Lock icon BANGKOK
      805 22 Reuter □SETMn -M 3 STOCKS ended lower in lacklustre trade as most investors stayed away on a lack of confidence and an absence of incentives, brokers said. The SET Composite Index closed 9.53 points down at 1,288.13 on turnover of 3.3 billion baht. Falls beat risers 214 to 91
      Reuter  -  805 words
    • Article
      Lock icon MANILA
      311 22 AFP n Manila -37,38 SHARE prices closed lower in dull pre-holiday trade. Dealers said investors "are already in the vacation mood" ahead of Easter holidays next week. The Composite Index fell 37.38 points to 2,834.41. Turnover was 4.6 billion shares valued at 1.5 billion pesos. Petron Corp closed unchanged
      AFP  -  311 words
    • Article
      Lock icon SEOUL
      397 22 AFP POnnpoateMg jjj SHARE prices fell, as investors remained sidelined. "Investors didn't dare to move in after concluding that the market has no room for a take-off without outside support," said a trader. The Composite Price Index eased 1.86 points to 857.21. Turnover was 18.1 million shares worth 336.5
      AFP  -  397 words
    • Article
      Lock icon SYDNEY
      600 22 AFP PAHOrthariai -U SHARE prices eased In a directionless market where resource stocks were the only counters to see some action. The All Ordinaries Index edged down 1.9 points to 2,259.7. Turnover was 321.9 million shares worth A 5963.8 million, with falls beating risers 443 to 439. Shares in
      AFP  -  600 words
    • Article
      Lock icon WELLINGTON
      279 22 Reuter QWeOingtm -14J8 THE NZSE-40 Capital Index lost 14.52 points to 2,150.62 as Telecom took a 14-cent dive after Australia's Telstra entered the local bourse with the aggressive bid to take 10 per cent of the market. Reuter umv m mm ANZ6ar*M« 7.15 *0.05 ***** AtvaMaaa* HMfi IU unch
      Reuter  -  279 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Blue chips fall on profit-taking
        7416 23 KUALA LUMFU VLReports Bernama n Composite Index -10.49 SHARE prices closed lower yesterday in a fairly brisk trading session as many blue chips fell on profit-taking. The KLSE Composite Index lost 10.49 points to close at 1,154.00 and the Emas Index shed 2.74 points to
        Bernama  -  7,416 words
    • WARRANTS&OPTIONS
      • Article
        CLOB INTERNATIONAL
        2015 24 Or Or 1*93/1* Last Vol Day Lamt OMtl Mv M« VM M M Cap H*gk Law Itaa Csaipapy lak COOP) Wg Lao myar laBar Of >/l W us m a sow Aisssoc sjo -s 535 525 S2i 535 iomubumu 87 70.5 SOOt AMDB50C *3 -0J (2 93 92
        2,015 words
      • Article
        Better to invest in Inter-Roller shares than the warrants
        3587 24  -  WARRANT WATCH By R Sivanithy TRADING yesterday featured a noticeable surge on Sesdaq, which is probably not surprising given the spectacular heights to which the Malaysian Second Board has soared recently. One of the counters in play was engineering firm Inter-Roller.
        3,587 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        874 words
      • Article
        MAIN BOARD
        4389 25 Or Or M Wt 1998/96 LdPt VM Day Laat OmK M M YM M Cap Avf w» l— stw» fin>i~T rooo) u» —Y«r BaBar cv M tm gig SM6 AS£NT$W200 US- 214 MS 1258 Ack SOc US180 -4 M 184 WO IT* 180 12.0 2fi0 494 3W* ml
        4,389 words
      • Article
        SESDAQ
        814 25 Or Or M W» 1999/96 Laat VM Dry Latt OwM Di« Ok W M Cm A** MN> l4d> StW tggg tdf POOP) MH> U» Bwyw jjjg Cw M til gjlw 322 40 4 2000 AMHM«t5c 2S2 cd unc* 2S2 2S0 290 260 IU 4.9 0.4 HI H14 251 280
        814 words
      • Article, Illustration
        HOT STOCK
        60 26  -  Paul Leo BUY Metroptex on any weakness towards support at $5.19 or on a break above resistance at JUS. A drift back t> $LW uxmM push the weekfy RSI into oversold rogkmwMe a move above $L 25 would constitute a break above adorn*ward sloping trendttne on tktwmkfy chart
        60 words
      • Article, Illustration
        Second-liners spring up as blue chips retreat
        837 26  -  STOCK MARKET OOMMHMTAKT Sentiment kit by market rumours tkat Bank Negus's economic report may not be as gpod as the market kal expected By R Sivanithy [SINGAPORE] Second board stocks from either side of the Causeway were thrust into the limelight yesterday, default
        837 words
      • ON THE GRAPEVINE
        • Article
          Gearing up for the Seven
          137 26 THIS Is the most important week in corporate Hongkong. No, if s not because companies such as Cheung Kong. Citk Pacific or Henderson Land are releasing their results. It's the Rugby Sevens, stupid. The annual sporting event held every last weak ofMarch, has become a
          137 words
        • Article
          NTV caps deal with Durex
          66 26 SINGAPORE-BASED musk station. MTV Asia, has clinched a multimiHkw-doHT regional advertising deal with London International Group pic, the malnr ef Durex condone. The headline at the praee rataee was "IITV in bed with Dure*". One wag noted that "if DurexiereaQy effective, this going to bed
          66 words
        • Article
          Mad cow and f
          48 26 POULTRY stocks on the London etocfc exchange aren't the only financial investments which have benefited from the mad am disease scare tatbe UK. Vtaex iwi ri A.a_S U-umaiHVNtWMMIinWIMMI Brttiafc pouad weetoa^!«SSisSSooMttla* disease wilUead to a fell tadensod lor British beef andsrarraspoodiiw rise fbr Awtemeat
          48 words
        • Article
          OK to s questions here
          14 26 WK HAVK a inwirlin mwykhm flirt mm* byOoMt^^ Butwetak*itw»caaNk«o«»fMtra|l
          14 words
        • Article
          Share sef share
          8 26 tetestvea e none too enChaMMtle
          8 words
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      75 16 24Mow*Elizabeth Singapore22BslB Tel:*****88 Fax:*****66 A Mmmktr Far Bast Orfmmlytit» For Sale By Tender With Reserve Price Prime Residential Development Site In District 10 Located in prime Jervois Close. Provisional permission obtained for a 19-storey apartment block (total: 38 units). Highest bid above published reserve price secures. Site area approx. 28,000
      75 words
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      Page 16 Advertisements Column 2
      528 16 BUSINESS TIME <S THE COMPANIES ACT. CAP. 30 BEST ELECTRONICS FTC LTD (la MnW Vnlinry Wtodto*-Up) Ai ta Extxaorduary 0«Mnl Mmbh o( Ike abovcaaacd Coapaay Ally ooaaeacedaadtedal lOAaaoaßoad 0799Q3oa21Maach 1996 the foilowiag SpscM KmoMm ware paeeed:1) RESOLVED «M «w Ccfiay to ii u—<»|i ilminjniiin»lii«i» 290 (1) (b) of tha Cofiaiii
      528 words
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      Page 17 Advertisements Column 1
      458 17 Fly ANA Now To Osaka's Blooming Skyhub MATSUYAMA KOCHI TOKYO(HANEDA) Free Flight From Osaka Tfcjjjj* Flight From Osaka KAGOSHIMA X Slllf Afe*. SENDAI Flight From Osaka SAPPORO 3vtip 50% Discount L P/liW A yife B^w m i MM I M m m I mum m dr SINGAPORE I P^^V/1 cherry
      458 words
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      Page 18 Advertisements Column 1
      1302 18 J2imUed (Incorporated in tfwAaputoiicot Singapore) The Director* d Prima Limited ere pleased to make the following announcement:UNAUOfTED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1995 The Company tL. 31.12.95 31.12.94 31.12.95 31.12.94 Company Group Ss*ooo SfOOO 1 (a) Turnover 65,174 71,619 123,374 121,039 -9.0 1.9 (b) Investment Income 13.238 7,396
      1,302 words
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      Page 18 Advertisements Column 2
      64 18 For Sale By Tender A modem, well-designed purpose built 2 storey office/factory with a single storey warehouse /factory Strategically located within Tampines Industrial Park A Land 71,332 sq ft Built in 50,762 sq ft HDB Leasehold 30 yrs +30 yrs w.e.f. 1 Aug '90 Easy access to MRT station and
      64 words
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      Page 19 Advertisements Column 1
      799 19 Jurong Shipyard Limited (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of Jurong Shipyard Limited announce the foNowing unaudited results of the Group and the Company for the year ended 31 December 1995: Company Group IMS 1994 1996 1994 rooo rooo Change $*000 $*000 Change Revenue 306,147 304.273 1*
      799 words
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      62 20 If you must leave a mark, let it be a. testoni I: I H Hf fit a. testoni® SB i £3 I BOLOGNA ITALIA ingenuity shaped by tradition g ■$> yx, At A. Testoni Boitiqi B *01-15/16 Hilton Hotel Shopping Galleiy Tit: 734 4855 *01-10 Mandarin Hotel Shopping AbcadeTei: 734
      62 words
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      Page 22 Advertisements Column 1
      107 22 SIMPLY DIAL 740-6000. SELECT 1 L KEY IN THE CORRESPONDING DOCUMENT CODE OF THE COMPANY YOU ARE 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
      107 words
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      Page 24 Advertisements Column 1
      44 24 FOR THOSE WHO PLACE QUALITY ABOVE ALL. YOUB TIME HBS 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) Stephanie Lim 740 2263 (pg 9522 2185)
      44 words
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      Page 24 Advertisements Column 2
      33 24 ISO CERTIFICATION I h< Mi .ills linns N ippl<-in< nt I LII;S| )\Y MAY 2 1,1 <><)(> l)< )< >I\II)L! 1 >( mcl 11 n< I 111 SI )AV MAY 7, I <><)(, Singapore Press VJV Holdings
      33 words
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      Page 25 Advertisements Column 1
      193 25 AW Batam continues to boom. Private foreign and domestic investments totalled $6.2 ADVERTISEMENT RATES 111/ II V\\ billion in 1994. Revenues from tourism stood at $240 million in the first six months of 11 JLj\ I l\# 11 The SnndOT Times 1351 y®*- Com panies, especially electronics, open. Tourists arrive.
      193 words
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      Page 25 Advertisements Column 2
      42 25 mg"Or make your dream a reality with a piece of realty. Whether you're in the market for a luxurious bungalow or an affordable apartment, you can find it easily in the Classified. Move on to the Properties Section, Classifications 400 to 569.
      42 words
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      Page 26 Advertisements Column 1
      607 26 Il" O T P r:7^1 I Nf E FAX :741-1298 ANNOUNCEMENT BY CITICORP INVESTMENT BANK (SMGAPORE) UMTED ("CITICORP") ON THE MTERESTRffABLE BY CVTICORP UPON THE WMIM FLOATING RATE NOTES DUE 1907 fNOTES-) ISSUED BY JADEVMEUMTTED. Purauarrt to the Endorsement by Cttcorp on each Mole, Citicorp hereby gives notice to the
      607 words
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      Page 26 Advertisements Column 2
      105 26 ODBSLAND OBS LAND LTD H K5500,000,000 Roating Rate Notes Due 1997 (Series 2: HK$25O Million) In accordance with the provisions of the Floating Rate Moles, notice is hereby given that for the period from 27 March 1996 to 27 June 1996. the Notes wM carry an Interest Rate of 5.875%
      105 words
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      Page 26 Advertisements Column 3
      158 26 M THE HATTER OF THE COMPARES ACT, CAP. 80 AND M THE MATTER OF ARBEA BROKER (8) PTE LTD NOTICE 18 HEREBY GIVEN ptnuwl to Sac San 30B(1) of too Canpanm Ad Cop 80. M FM Oeoorai a« the Hniwml CoMpany be htfd to Pawg Rood #12-00 Pa* MtoL Ttogop
      158 words
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      Page 26 Advertisements Column 4
      222 26 Singapore Closing Share Prices 27/03/1996 CLOSE PREV LOW WON US$ US$ US$ US$ Mill/ Jardine Mathoson 7.90 7.05 7.66 7.90 WmXn JwtHne Strategic. 3.12 3.18 3.10 3.18 I lfiflfifif J Dairy Farm 0.005 0415 OJO 0.01 Hongkong Land 244 242 241 248 Mandarin Oriental 148 143 145 148 BfiUUUliy Jardhao
      222 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      301 27 Knight-Ridder Reuter THE Continent and east coast South America remain firm for Panamax and Handy tonnage, as does the US Gulf for early positions, trade sources said. But elsewhere the market was less encouraging for owners, with the North Pacific the weakest section. Caper rates slipped a little
      Knight-Ridder; Reuter  -  301 words
    • Article
      MARITIME STOCKS
      223 27 —n m m C»TIMIlll« LAI -OjOI M CUMUM lllMHp-UP *0.01 202 cimtwm—wt—\j» -aot 94 rcu 7JO «M 304 ant»—« -as m Matt*** wot «OOt 134 MCMa«*i MR&M mm vtr -OM 21 JraaMnwrt—Ut mcd 3d MJ -<mo m NOL IM «0u0l IM nipii)Mil—i III! 11 *002 SI PacMcCantan Ut
      223 words
    • Article, Illustration
      Yangming chief upbeat on direct shipping links
      366 27  -  SlngaPort "96 China and Taiwan may agree to this in next three months, he says By Yong Mei Fong [SINGAPORE] China and Taiwan may agree to direct shipping links in the next three months, the head of Taiwan's second largest carrier said yesterday.
      366 words
    • Article
      Healthy growth in Asia-Pacific's bunker consumption expected
      360 27  -  Intl Bunkering Conference By. Rahita Elias [SINGAPORE] Bunker consumption in the Asia-Pacific countries, including Singapore, is likely to continue experiencing healthy growth rates until the year 2006. This prediction was made by Fsreldun Fesharaki, East-West-Centre's director of programme on resources, at the second
      360 words
    • Article
      Europe's shipbuilding industry falling apart
      551 27  -  MEWBUXLDS By. David Hughes IT HAS been a very quiet time in the newbuilding market over the past fortnight. Very few orders have been reported, with no really large vessels. "Quiet" is not, however, the best word to describe the shipbuilder's world right now. Substantial
      551 words
    • Article
      Lock icon Call for high-level meeting to rescue WTO maritime talks
      331 27 Deadline nears for accord on liberalising shipping services Reuter [GENEVA] Norway proposed on Tuesday that a high-level meeting should be called in a bid to rescue World Trade Organisation talks on a global pact to liberalise maritime services. Trade officials said
      Reuter  -  331 words
    • Article
      Lock icon US-Indonesia talks on sea lane proposal
      179 27 Reuter [JAKARTA] US and Indonesian officials will hold a fourth set of talks this week on Jakarta's proposal to restrict foreign ships to three designated sea lanes around the archipelago, official sources said on Tuesday. The two-day meeting, set to begin today, win be
      Reuter  -  179 words
    • Article
      Lock icon Bremer Vulkan sells E German subsidiary
      144 27 Reuter [BREMEN, Germany] Troubled shipbuilder Bremer Vulkan said it had sold its east German machine tool subsidiary Neptun Industrie Rostock in a first step towards spinning off its east German businesses. A spokesman at the company that filed for protection from creditors last month
      Reuter  -  144 words
    • Article, Illustration
      Computers smooth the way
      855 28  -  SPXP REOXSTRATIOM: MORE FLEXIBLE LEGAL APPROACH WANTED Tie advent of global electronic communications means that a ship's mortgage and other documents such as bills of sale can be recorded at offices other than the registry"s central office, saving time and cutting down on expenses Byl Guy
      855 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      297 28 PAQg Ewrett 12 Ad n tmirwfl 6 AM. 3 Ewrprtut 13 AM 7 7 t Accord 12 FaNar Trans 4 AftrankM 4 FonqSw (2 AppmsMp 4 Frota 12 Astra Q FrtWorM 12 Austral Tt (LMLortss 4 AraM 6 Gwwrtrans 13 ISA II G«*h«
      297 words
    • Article
      SHIPPING GUIDE
      13419 34 EXPORT ETA CTA ArfvartOar ««Ml VHMM TalapNona CTA CTA AO—r VMM* WW ToMpaaaa *m oaar* Rama m— WWBar Nuwtar own Noaa Naxa a*—' 1 A To BRATISLAVA PORT (BAB) 2055 Slovak Rep To ABU DHABI/ #T JOHNS (AUH) 2004 21/03 n/m cosco shun hi im *5-22*1km United Arab
      13,419 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        619 41 Vtssd Voy Wo Brtti Arrival Poporturo JN|M *fmI «VM JV7 <in|iili 27.0VD00 MHMt «m JOI »>**'»> 2701/2100 Pojorn j» iimm :i: ix V* jm «i«n i :':I,vk VM jot m«pni r 03/*0C TIM JOT 27 01/1200 VM JOT M>«Mt 2'01/0600 O/M JOT Mm** I7JVWM ejflmbcM 09VW JQ ftium
        619 words
      • Article
        CONTAINER SCHEDULES
        1602 41 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO BqoMiq/Mmcc tstts SMp Voy Mo njgjr Nrtoi Fw To Frn to te» 0T7I Wax M n/BM MM n/IMO vmoc vwi r.i«K a nm mm iv-x a 2T/BW aflM Jtwio 1 Itr.'v. aflM a/uoc 4 am am a/rroo mum* «M7 wun
        1,602 words
      • Article
        GLOBAL HOLIDAY
        493 41 MAI 28 Nepal Ram Navami. HUM Taiwan: Youth Day. Hun Iran: (tentative) Birthday of Eighth Imam/ Islamic Republic Day. APK1 Iran: Thirteenth Day at New Year Holiday. Arms Israel: Passover. Sri Lanka: Market and Public holiday. Taiwan: Women's and Children's day. Arm Colombia: Easter (To April 5). Denmark:
        493 words
      • Article
        COCKETT BUNKER MARKET REPORT
        737 41 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
        737 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon Aerospace industry looks to Asia for future sales
        374 42 Region Is huge growing at a faster rate than anywhere else, conference told Bloomberg Business News (WASHINGTON] Asia will be the source of much of the aerospace industry's future revenue growth, several corporate executives said. The region has "real customers with real
        Bloomberg Business News  -  374 words
      • Article
        Asia replaces US as Schiphol's top cargo market
        329 42  -  By Dexter Lee [SINGAPORE] Asia has overtaken the US as Schiphol Airport's biggest cargo market. Last year, cargo to and from Asian destinations accounted for 30 per cent of total throughput at the Dutch airport, compared to 28 per cent for US
        329 words
      • Article
        Lock icon Lower quota for Japanese car exports to Europe this year
        247 42 AFP [TOKYO] Japan and the European Union (EU) agreed yesterday to cut the overall ceiling on Japanese car exports to Europe this year by 5,000 units despite higher quotas for four countries, Japanese trade officials said. The agreement came during
        AFP  -  247 words
      • LOG Book
      • Article
        Lock icon Ansett group wins Olympics contract
        205 42 AFP [SYDNEY] Seven international airlines headed by Ansett have outbid arch-rival Qantas Airways Ltd to snare a deal potentially worth hundreds of millions of dollars as official carriers for the Sydney 2000 Olympics, sources said yesterday. Ansett's partners in the "Olympic Alliance" are its prospective
        AFP  -  205 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1136 42 cmr FUGHT HA FLIGHT ETD VW743 1925 />—MM S044I 850 NM«IIM« UA80S 0105 UA806 0015 AMaMa OfW 1930 OfS2 2050 "710 0640 2045 GA903 1210 S0660 0915 kmtfrim S0/DC25 0645 S0/D126 2355 035 0664 1440 AMWW S0347 0750 S0665 1440 CX712 1450 Aaddaa4 S0285 2035 S0288
        1,136 words
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      12 27 Ship registration: computers smooth the way More flexible legal approach wanted Fa#e2
      12 words
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      Page 27 Advertisements Column 2
      122 27 INTERNATIONAL FREIGHT FORWARDER SCE CONSOLIDATION (S) PTE LTD 105, Cecil Street, #05-00 The Octagon, Singapore *****4 Tel: *****16 (12 lines) Fax: *****93 Tlx: RS ***** SCE CONSOLIDATION (I) PVT. LTD. HEAD OFFICE: MADRAS BRANCH OFFICE; BOMBAY, CALCUTTA, COCHIN, BANGALORE, TUTOCORIN, NEW DELHI **NVOCC specialist for Indian Sub-Continent All Far East
      122 words
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      Page 27 Advertisements Column 3
      12 27 Aerospace industry looks to Asia for sales Region is huge and growing.
      12 words
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      952 28 ■■■■HI I 5555T ~m vm "mm. u/m is/m u/m "5Jm m/m m/m "ii/m u/m mm |ww|«vN| ri M^]»^ lIM Sri «stT'| n/iT mm 57ST J 5 K? a—m wmi vm |w«c —|mh|m/m1 n/M Iw» I mm I n/M I gfl* I m/m mm mm m< 55 B)« SS mnm mmm
      952 words
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      Page 28 Advertisements Column 2
      217 28 Mambaraaffta Snpipofi Rny< riw—dw AaaodaSon. •6 Un« MrvtoM raprMcnlKJ L by Mamban of «w RtgMy of fAocrwftadShfcplfigAoan*. *jWW ahfrflnq A—oc Si^2SiS2^S§^S£J£ Just talk to as... 4 Iris Lim 740-2044 Patricia Chew 740-1645 Jarrod Leonf 740-2069 Philip Koh 740-2382 > i IVpon RKafcno LaacbngFor V BUFFALO In PI R&nMMBmnAJK I MELOf
      217 words
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      962 29 PAOBC SOUTH WEST EXFtPS (PHKCT) ~Vllm |SW ETA ISM EIP 1 LAI IDMI MM I Ofl Iwr I 1 mwi Im[g. suHwim MB I g/M Ivm lm»» n/it SB u/m nmt ii/L r& I I Jr. I I *mr Ima ISS \»Z IJZ IJZ I I 1!«£! I IT'S I
      962 words
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      Page 29 Advertisements Column 2
      1343 29 HANJIN SHIPPING T| |-|«[»|„|,i<. "f** I m i ISsr 5 I*" 1 I 1"" I"? Eg I-*" w-iwH-iw- it ..0,.,. mm I.l* l«£|„£ [S S£j -CT- m w UMtfOMttlf 14/H I 14/H Imm ia/n 1 It/at I iAia< 1 itifct I n/ii 1 t I 1 H/w tl/IS it/is I
      1,343 words
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      685 30 v 7 4iKUmnißviS| k B H ia J I*l J aI"J j j J k 111 Ik I *1 l I ■■■■MMHMiIIiMIMHHHMHHfeiIiMAiftMIAIIftUAABHI 1 I I—l r «ssa m mi m un um sioh rouse sm hb mo tvo sm kom mc mmcm "~ssiT~ig i7T W ~w7T~ ZHZ 3SZ 33SZ13Z HZ
      685 words
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      Page 30 Advertisements Column 2
      958 30 I NORASIA I VESSEL VOY ran ALO LAI BCL VAL NAM BMB HOT ANT FSL LMA smtiatm nni bm aw a« vm mm vm mm mm mm mm km woman r—ouw wuj mm mm mm mm mm mm mi mm vm ra mb NORASM HONMDM HIM 17/ M 17 M
      958 words
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      Page 30 Advertisements Column 3
      525 30 JAPAN/HOPtOKONO/STRAITS REGULAR SERV»c£p LOADING FOR PORT KLANQ/PENANQ t£ mE voy store FSB fw rm it murmbayu > su tin mpTT BATBARU 2 MPT M ~7 CHUHMIAN 17 MPT |5B 111 mSH swgMPMi j aag "I tiiw STBIA AMEL 2 aKM NiM I- If mnmowsky i mpt sib hmm INANPYVMNM 1
      525 words
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      Page 31 Advertisements Column 1
      1060 31 |l» W STRAITS SHIPPING PTE LTD WtA II Mm CkiMfl Rm4 #11*91 Ktppol Tnrart IMKLJKK S>»Mport KM Tel. *****88 Far *****17 b+Jk «mw ouwa iwawc una flßßf (A SEBV!C« OF CHMA NAVIGATION COI ETA FTD t3Hr^ T straits star vw7f MNvsiMar mmiimumMh S, M urn rnmnn in ■iwr straitsmope mm
      1,060 words
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      Page 31 Advertisements Column 2
      1909 31 P&O CoiltfllllfifC P& Containers Limited ilffllllVlCl 10 Hoe CUaag Road, *07-« l Keppe) Tower*, Siafapore 0208 First Class Connections WORLDWIDE Tefc 225 2233 •J**™** 34s64 fNOCSP Fiuc 225 5327/222 7517 CR Number **********0 M up out 111—I VOV *RMO f*4 HN SOU AMT ROT HAM OOT am UN 1 DORTHE
      1,909 words
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      Page 32 Advertisements Column 1
      1043 32 EUROPE/UK/SCANDINAVM/FINUND/RUSSIA W ROM ANW HM THP LHV LMV TMP ROM ANW KM PKL UP E. RESULT RWSB7 310 1M MM MM 23/4 24M E. BUMO RE-179 SO SO SO 7/3 1/3 1/4 3/4 I MWiMH M 2S/4 27M 21/4 31/4 31/4 E. GROUP RE-MI ISO 13/3 12/3 14/3 11/3 M
      1,043 words
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      Page 32 Advertisements Column 2
      849 32 msa VOTAM SCP MM AN MM MN IWT Ml I VRSH VOTAM M AM MM UN U» I HIM (MOM WS«W 05,tx 14* IS* It* 17,* t* IMM UMOtOWN *****30t 11/03 ?TO3 7T03 MJ I iMOMT OJWJW ll* 11/ M m< a« K« tv« 1V« ll* COUCH! 03T3474C 30/03 31/03
      849 words
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      Page 32 Advertisements Column 3
      516 32 B TEL: *****33(12 UNES) FAX: *****19/*****03 TELEX- RS ***** RtSMP (3 Un««) CP NO: **********0E ACCEPTING FCL AND CONVENTIONAL Vojf Sta" I master 525 Atoyo* 43M8 IVO4 Dgxx* AfabayWons «M 2CVO6 Mwwh—.QfbOUl H kkrhumum!' FULLY CONTAINERISED REGULAR LINER SERVKT ACCEPTING BOTH FCL/LCL ALSO BOffiOC KXIWTTOiMAtmmia ANBKAtTMOUraAJWdftfcftTS I i .T| Wwwi
      516 words
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      1949 33 DKKTSMUNSTO SAM *14 MVS KW YWIX 2S DA YS Wfwwl (MI'II At**is Til (ttaHlf: mum <ji«f Otn OftrtU— CM»M*r Utirii JOMOai OfFICi COSTAR SHIPPING PTE LTD fu <*•"<*»■ mim cmffr uuui/uvuvui c-un*, tn m. *mm c~w«wi *M 7* COSTAR AGENCIES (M) SDN BHD. IttMHmlfiTtt T.itifMcotmr M..r vtust M ww*«w» im
      1,949 words
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      Page 33 Advertisements Column 2
      437 33 FAMOUS CONTAINER I3MP 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 UNES) P. KIANG PH: 0203/*****02 (10 UNES) PENANG PH: 0204/*****7 (10 LINES)). BAHRU PH: 0207-*****22 QLOBEUNK FORWARDERS PTE LTD Htummmn j»tonmwt*umm bamdunoc rvmr POt (04)937*4V%3T—0 JKD *****90 ffTlUlin 111 m HTKI minHfl,! fWIWOOfIM EX PASIR GUDANG DIRECT
      437 words
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      Page 35 Advertisements Column 1
      40 35 To retrieve more schedules, Just follow these simple steps... Ste^^^hcciocu merit "-»0-6000^^^^^® P a inter your key in the four hone number Jp digit code Key in your Exampte: r—L» fax number To HAMBURG (HAM) 2150 for calls within Singapore
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      639 37 BSAi M MYANMA UHtHk FIVE STAR UNE W (Mywr Mrtiwd Um) Liifcl ftr Y—|M (RMfM*) vosa vot sw m m nu ■ANUNTM 71W HPT ■MM 4W M/ 03 ■4UTVA AOam IO6SIMD SMMI6 MBKIS HL IK M-tt-*****00 Htt: IB W-4J-J7MIII Wfc m n-M-MIMM NBe TH W-47-ISIIJJI/4 BANK LINE (A Mfvto W
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      Page 37 Advertisements Column 2
      984 37 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Cad Street, #12-00, PW. BuMding, SingaporeooB64o L TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL ■■■■■■MMBHCR NO **********06 sakas*A (8 UHmNhJk iiMT i MBpFCW (4*5555 VBMEL A ip W Tff'T m v—i Ivor mt jtr mt LAIAZA* 902 30/03 Srt 02/04 U
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      Page 37 Advertisements Column 3
      822 37 **********QZ W WW MMETW 1 LEHAMRE HAMBURG THAMEJTOnT ROTTERDAM AMT>HB9 MU-E DE CAPELLA TI«W »M 08/04 IMM 17/04 1204 20/04 22/04 V*IE PC ÜBRA LHW 04/04 I&Q4 23AM a*M 26(04 27/04 2MK VLLE VMMA AM* OM4 2WM 90(04 01/06 QMS 04/06 OMB |vH£DeCAWNA CI4W 28/04 07/86 OM6 WKB il/S IMB
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      987 38 I ■rZVTV i HKssaBP BI H l^^^^^^^S H i!SSSSl^^^Sl 1 VBSBa. W BIN JKT vessel. voy sm WEN HI f==r r35v =5 hwabhum i4sse fh I map aun 31 /oa pu* <o«« Thu hpi a* I soa» '■Sis tePt aumtmm ms i*_ m. _D*_ *aa_ •UNQAMASEMPAT jun_ [ig «g4_ M
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      Page 38 Advertisements Column 2
      96 38 M TELOK MMMH ROM) M2-«2 UIPUWI COTRE.SfOK MM TEL 272M11 (6 lints) FAX: *****05 TLX: RS ***** CT MO. **********0W mm m n no kotmhon iMaunM ww mmm mm mmu vm mmm mm mmumummi SEASPACE INTERNATIONAL (3) PTE LTD 139 Ntw Brk*e« Road #0«-08 Chinatown Point T«4: *****78 FAX: 83M330
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      Page 38 Advertisements Column 3
      695 38 11 DUXTON HILL, SINGAPORf *****5 CR **********0N STKAITS SHUTTLE SMVtCE PORT KLANG PENANG w I I m waa <or I mi I i <21 JHK MM Hmsw Mtt w>g iSh tvmimm vmm mbm ma ~ktoa aSKuw m vow am wis nmn 1 gSS "Bia m Ji*nn snnn MOKum NOT n/mm
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      Page 39 Advertisements Column 1
      497 39 f/~\ SINO IXPRRSS SHIPPINO (PTI) LTD. V MM I 11 COLLYER QUAY *06-01 THE ARCADE SINGAPORE 0104. TEL: *****00 (4 LINES) FAX: *****98 TLX: R*****1 3INOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKO/SHAI STORE HKQ BHAJ VfflF 1 VOY ETA ETP ETA ETP ETA ETP JIN RJ 9601/9602 22/03 23AM 2KB 2HB
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      Page 39 Advertisements Column 2
      119 39 DRAFT-CARGO MYS (S) PTE LTD ACCEPTING LCL CARGOES TO; COCHIN BANGALORE NHAVA SHEVA CALL DON/HOWARD TEL: *****90 FAX: *****63/8 MARKETING: 222 <838 NVOCC CONSOLIDATION&FCL SERVICES Indian Sub-Continent Ports. SIM SWEEJOO SHIPPING I JUT*JAVA 1M 2MB Tim 0104 0204 COM I umnAU AAVA 111 2MO I r*m IfPfH Q3P4 S&TI —BLOWOEATU
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      Page 39 Advertisements Column 3
      391 39 I*a« MN CBWTAIHEA Uilß. IMC I x-'S -|W\- MtMmm WW 11,, dim lIMWI u assssiss* aasaa^gjasr 20TH ANNIVERSARY OFFER:-(Lowest-Lowest Rates) PEM/PK SIN HMB/FXT/R'DAM 3/4 8/4 mv "HANJIN ROTTERDAM V.033W GENOA/BCN/MARSEILLES 16/4 17/4 mv "DAINTY RIVER" V.0035W SYDNEY/MELBOURNE 5/4 6/4 mv "OOCL ACCORD" V.lOl AUCKLAND 13/4 14/4 j mv "NZOL CAMPAIGNER"
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      Page 39 Advertisements Column 4
      190 39 ATTR AC" I'l vba FCL/LCL RATES TOSf Indian Sub-Continent Ports MADRAS I BOMBAY 2? CALCUTTA COLOMBO CHITTAGONG NHAVA SHEVA J WENDER CONTAINER LlNjp ENQUIRIES BOOKINdU PLS CALL 3| TEL: 224 6744 X Astro Shippiwg Pt> Ijg WEEKLY CONSOLIDATION SERVICE O.K.LINE! h FULL CONTAINER SERVICE 8* PORE/JAKARTA rasa voy m jct
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      Page 40 Advertisements Column 1
      408 40 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST-CALL 740-6000 vJ "SSSSSB-Zr ra rtions involves w apply IWU Busirvess &Q. Kj KnGWYour PI Rights And I I Enrol II Labilities, I 1 r Sign Up Now. HfeaJ *2%***°**" CAourse ee M IslPi 4fns n s,"S£«t vsn ,i<4
      408 words
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      Page 40 Advertisements Column 2
      167 40 TEAMWORK is when everyone mgm takes responsibility and diligently jsSia work towards achieving the main goal. A quality which has been The Total Transportation People embraced by all at Visa Freight these past ten years. Put your needs in our hands and join the winners' circle. i/r ■WIWMMW VRA FREIGHT
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
      123 41 LEGEND: 1 R Thundarvorm T*mp*rotur* c y Showar Waolhar Wind (fraction with *p««d in knot* ROin Wava h«x-#i, Cloudy Sky Wov by wrwn wfcidi fly wi* Ae wW Q9 On® KJ or da r*pr**ant* calm or Ight and variable wind* J_». On* half fl*ch* r*pr***nt* 5 knot* L» On* KJ
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      Page 42 Advertisements Column 1
      389 42 Increase of Chlttagong Congestion Surcharge Feeder lines utilising the facilities at the port of Chittagong have endured numerous delay primarily as a remit of acute congestion within the container yard coupled by worsening political situation, resulting containers vsls suffering long delay in port Hie Chittagong Feeder TYade Committee (CFTC) has
      389 words