The Business Times, 29 March 1996

Total Pages: 50
1 50 The Business Times
  • 13 1 THE BUSINESS TIMES MITA (P) 046/12^95 Internet■ http://www.asial.com.sg/biztimes SINGAPORE FRIDAY, MARCH 29,1996 85e
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  • 68 1 D 231L88 (-7,.77) n now mm 2775J7 (4.90) n Mi *****1 (-4.96) n MARKET MOOD: Bfl n»d STOCK MAIKET INDICES TtMnday Change KLSECOMP 1146.87 -7.1 J NIKKEI lltXJBt 44.16 HANG SENG *****.58 -tt.99 SET INDEX 1282.S7 *7« JAKARTA COMP—.585.71 -1M MANILA COMP 2848.71 +14J4 TAIPEI WPI 5MUS -W.76
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  • 57 1 US* ss US» 1.411 I 1.518. 1142 DM .0.871 0.949 Y100 0.B7 1.322 ma j o.its.ZZ..0.182 BAHT™. .0.040. .0.066 PUBURS SINGAPORE* 6.44 kuala LUMHJR AW JAKARTA 18.00 BANGKOK 1178 MANILA 14.80 HONGKONG 8.78 TAIPB _8J0 8TBW- 10.75 tarn _i8o SEOUL 12J0 ZURICH** 4.125 nttWDRT" 125 NEW 8.25 'Awnpofttbuks. "Float
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  • 505 1  -  Analysts say soft landing possible only ifßankNegara tightens monetary policy farther From Ho Kay Tat in Kuala Lumpur MALAYSIA'S economy will not slow down as much as what Bank Negara has projected because domestic demand will expand faster than the central bank's forecast,
    505 words
  • 436 1  -  European and US hotel assets being grouped nnder new entity for listing From'. Loh Hui Yin in London CDL Hotels International, controlled by Singapore's Kwek family, plans to raise £150 million (Ss32l million) to £170 million from the flotation of its
    436 words
  • 402 1  -  By < Christopher Tan [SINGAPORE] Borneo Motors is banking on its new Toyota Corona, being launched today, to beef up its share of the midsized sedan market. The member of the listed Inchcape group is pricing its new Corona slightly lower than the previous range in
    402 words
  • 499 1  -  Byt Genevieve Cua [SINGAPORE] Buoyed by a robust showing from almost all its core businesses, Singapore Technologies Industrial Corporation's net earnings for the year to December rose 36.2 per cent to J&LS4 million The performance was just slightly shoft of market projections ofa 37 per cent
    CHRIS LOH  -  499 words
  • Page 1 Advertisements
    • 141 1 DHBPE Bmf p m j 9 J L——_ZS Topping oat Marina LeisurePlex the sixth and latest addition to Marina Square is shaping up nicely, Pg3 v "T", 'jT fmwavAWJE thispg. Foreign ftmds likely to adopt a wait-and-see attitude on the stock market until future statistics bear out Bank Negara's rather
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    • 9 1 Snnay launch: just as in the movies, Pg 4
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    • 90 1 Reports on Pg 19, 20 EARNINGS NET (Sm) GROWTH OS $67.5 -7.4% tetrmoo 16.2 +13.9 n 69 +14 Oyef f1ff»16.5) +120 HMgOwnt 13.43 +40 9.57 +13 lohtoe 9.58 +2 Harauualnv 3.23 -63.2 |f m\~« m it—i ,>^ll IS'" 'v J|f9i PES' I 1 tfHP r> >5 M mil I I
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    • 8 1 Jdkmfm on today's UOB x results, Pg 20
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  • SINGAPORE AT HOME & ABROAD
    • 558 2  -  will help equip •fficers to meet challenges of public service leadership Reports by Chuang Peck Ming STARTING this year, officers in the elite administrative service will, as part of their career development, be posted not only to statutory boards
      558 words
    • 504 2 52 upgraded; exercise to match private sector salaries over ECONOMIC Development Board chairman Philip Yeo and Lim Siong Guan, permanent secretary of the Prime Minister's Office, will move higher up the civil service ranks in a promotion exercise that will see
      504 words
    • 371 2  -  EYE ON THE ECONOMY GDP By, Anna Teo THE economy is forecast to have grown 8.4 per cent in the first quarter, and will maintain the pace over the next three months, according to private sector projections. The forecasts were culled by UK-based Consensus
      Source: Consensus Economics  -  371 words
    • 555 2  -  P&cNet is now cheapest provider of Net services for light and heavy users By Toh Han Shih THE battle for Internet subscribers is escalating. Pacific Internet (PacNet) and Sing Net yesterday lowered their prices in response to last week's entry of Cyberway
      555 words
    • NEWS Roundup
      • 62 2 ASIAONE, the premier Internet web site in Asia, will feature another new publication, Times Net Asia, from today. Published by Far East Trade Press, a subsidiary of Times Publishing in Hongkong, it consists of live and archived news from Asian Business, Cargonews Asia, Cargonews China and
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      • 93 2 AN EXHIBITION to showcase Singapore's design expertise and emphasise the commercial relevance of design opened yesterday at the SMA House. Jointly organised by the Design Centre, a division at the Singapore Trade Development Board, and the Design Association Singapore, the event was opened by Goh
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      • 32 2 credentials to President Ong Teng Cheong at the Command House yesterday, said the Ministry of Foreign Affairs. They areJasem Mubarak Jasem Al-Mubaraki, Kuwait's ftmt rnnhwniVrrtftfHnFipfTf. Vietnam, Nyugen Due Hung
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      • 52 2 THE Television Corporation of Singapore launched its first CD-ROM collection called Singapore Sntnpnneurs yesterday, based on the previous TV current affairs series of the same title. Sponsored by ACE Daikin (S),ttis now available at major bookstores as well as 7-Elevan, Cold Storage and Tower Record outlets
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    • 503 3  -  Nerecerdssetlmt tender draws bids frem SSL, Per Bast, ▼big Tai, CityDer By Michelle Low PROPERTY heavyweights are back in the land market, with the latest government tender drawing bids from the like of Straits Steamship Land, Far East, Wing Tai and City Developments.
      503 words
    • 382 3  -  By\ Diana Oon THE Urban Redevelopment Authority kicked off its 1996 land sales yesterday, offering two residential and two industrial sites for sale by tender. The first condominium site on a 23,500 sq m plot in the heart of Bishan has a gross
      382 words
    • 190 3 SINGAPORE Telecom has awarded advertising contracts to three ad agencies as it gears up for increasing competition. Sing Tel said yesterday that the agencies were Euro RSCG Partnership (formerly Euro RSCG Ball Partnership), Dentsu, Young Rubicam, and Monsoon Advertising. "The three agencies will
      190 words
    • 205 3 MORE than 80 per cent of the space in the new Marina LeisurePlex has been leased out, with Golden Village, the leading multiplex cinema operator, as its anchor tenant Marina LeisurePlex is the sixth and latest addition to Marina Square, owned and operated by Marina
      CHRIS LOH  -  205 words
  • Page 2 Advertisements
    • 159 2 How much would it cost to have all this? Return air-tickets to Los Angeles Daily breakfast 5 nights accommodation at Airport Complimentary shuttle service to local Marina Resort Hotel Tower area shopping or Marina del Rey (beach) Airport transfers to and from hotel Hongkong extension possible at only $368 •Entertainment
      159 words
    • 368 2 THE BUSINESS TIMES LIFESTYLE EXCLUSIVE Congratulations to the followingwinners TOP PRIZE; A 18K. solid gold Fredenque Constant chronograph watch with hand-crafted mechanical movements worth 19,000 EVELYN QUEK l/C: *****901 2ND PRIZE: A 18K solid gold Fredenque Constant hand-wind mechanical skeleton watch worth $6jOOO PETER LEONG l/C: *****14 D CONSOLATION PRIZES:
      368 words
    • 0 2 ]"~^;]/&[%,)<^:\`=;}[\?$$)[=^`$
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  • FOCUS: ADVERTISING & MARKETING
    • 389 4  -  Tan Chong's ad campaign gets inspiration from the movies to revive flagging sales By Christopher Tan {SINGAPORE] IN AN attempt to make up for lost sales, Nissan distributor Tan Chong has unleashed a three-pronged, movie-theme campaign to launch its new look Sunny. Featuring direct-mail pamphlets
      389 words
    • COPY Lines
      • 76 4 [SINGAPORE] McDonald's is embarking on a new $3 million ad campaign which will feature the theme "That's My McDonald's" in April. The new theme will replace the eight-year run of the "Good Times, Great taste" theme and classics such as "A Day in Singapore", "Kids Talking"
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      • 75 4 [SINGAPORE] Union Bank Of Switzerland (ÜBS) is undertaking a global television advertising campaign to differentiate themselves in the competitive banking arena. The first stage of the "Hare Today. Here Tomorrow" campaign, which featured six poems reed by actors such as Ben Kingsley and
        75 words
      • 94 4 [SINGAPORE] Air New Zealand and Singapore Airlines are probably the first in South-east Asia to use an interactive poster at a bus stop to promote a holiday package. The deal includes three days of free car hire in New Zealand. When pedestrians approach the poster, a
        94 words
      • 36 4 [SINGAPORE] Lloyd Martin has secured the Saab and Porsche accounts from Trans Eurokars and Stuttgart Auto respectively. Lloyd Martin will provide advertising and below-the-line services with effect from June this year.
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    • 288 4  -  1,700 firms to take put in hospitality, food industry show By, Agnes Wee [SINGAPORE] Hoteliers keen to smooth the way for conve-nience-seeking guests will find new gadgets and gizmos aplenty at the coming Food Hotel Asia 96 exhibition. One item to go on display is
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    • 49 4 tewB— TWte Hmm 0rftear Apr 4-7 twMTra* Stow (Mfert (UMMCI (CMn) liar2*-21 ewetHWI WorttTr*» fwtitawin ItertB—UMMIIm Cub* OmUhi t| cfr i r* v5S2T" Tit at am Iter 2*30 Mate tab ft M1E*WM*{$) CoMWHMt Tit 272-2250 v M—lwPlii Iter 29-11 Mftetett WarMTra* Cmms/IMS Ccntrt ?*29MMt irPPNlPv 1^ Source:
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  • Page 4 Advertisements
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  • SOUTH-EAST ASIA
    • 454 5 MANILA Ofl industry being deregulated, carte en ferm imports lifted Reuter PRESIDENT Fidel Ramos signed a clutch erf laws yesterday aimed at further prying open the Philippine economy despite warnings by a leftist group which said it would vigorously oppose the measures. Mr Ramos signed
      Reuter  -  454 words
    • 191 5 JAKARTA Reuter PRESIDENT Suharto yesterday called on Indonesians to help finance a state project to build passenger jetliners estimated to cost some US$2 billion (Ss2.B billion). "It will be part of our national pride, besides meeting our transportation needs. Lefs work together," he
      Reuter  -  191 words
    • 202 5  -  SINGAPORE i&r] Harish Mehta SINGAPORE-BASED aerospace firm Samaero is expected to receive official approval soon to provide helicopter flights from the Cambodian mainland to oil rigs offshore. Samaero, a wholly-owned subsidiary of France's Eurocopter, wants to set up shuttle flights servicing the many
      202 words
    • NOTEBook
      • 79 5 AFP [BANGKOK) Thailand's trade deficit surged 23.6 per cent in February over the same period last year to 33 Union baht(Ssl .34 billion), the Bank of Thailand said yesterday. Exports ft* the month grew 18.7 per cantyear-oa-year to 117 bfflionbaht,whife February imports were up 22
        AFP  -  79 words
      • 99 5 AFP [HONGKONG] The two prime ministers of Cambodia's troubled coalition have held private talks in an attempt to •aw the government. First Premier Prince Norodom Ranariddh said here yesterday. Prince Ranariddh, here on a trade mission, denied there was a political crisis in the country
        AFP  -  99 words
      • 57 5 AFP 1 [BANGKOK) Thailand's Labour Minister Phisan linn—l fmluw 1i has died after a tang Illness, an official saidyasterday. Phisan, 67, died in hoepital late Wednesday ofheart failure after along battle with prostate cancer, the labour ministry official said. Thsdsputy party leader of the New Aspiration
        AFP  -  57 words
      • 62 5 Reuter [MANILA] The Philippines'stste water utility has approved a privatisation blueprint prepared by International finance Corp (IPC) calling tor at least US$5 billion (8*7.00 b&km) in Inveetments to modernise water distribution around Manila. Under the blueprint, the Metropolitan Waterworks and Sewerage System (MWSS) wffi be broken
        Reuter  -  62 words
    • 113 5 KUALA LUMPUR MBT FOREVER Fresh Coldstore Technology Sdn Bhd has entered into a Memorandum of Understanding (MOU) for joint management and operations with New Zealand's Polaroid Stores Ltd. The MOU was signed by its directors Moehamad Izat Emir and Anuar Othman and by Polarcold director
      MBT  -  113 words
    • 412 5 KUALA LUMPUR Marc comes after govt urges people to eat more chickens to solve market glut Reuter MALAYSIAN poultry farmers dropped a threat yesterday to kill a million day-old chicks in return for a government appeal urging people to eat as many
      Reuter  -  412 words
  • Page 5 Advertisements
    • 37 5 1 a, ■r jSIU J9B^|^^|H^H|r af < U J jm? >' Jr !??".>' .wisJnT j^V r **«v -J^Br v '4r- d^i^HF V the paragon takashimaya department store raffles hotel arcade hihon shopping gallery sogo raffles city F J BENJAMIN GROUP
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  • FOCUS: INDONESIA'S CAR INDUSTRY
    • 1375 6 Indon national car project forces firms to scale down production plans and rethink strategies The Nikkei Weekly [JAKARTA] PRESIDENT Suharto's recently announced plan to award his "national car" project to a company led by his youngest son is prompting Japanese carmakers to rethink strategies
      The Nikkei Weekly; ARTHUR LEE; Source: Association of Indonesian Automotive Industries  -  1,375 words
  • Page 6 Advertisements
    • 166 6 i I ui r» -w- /-> i -->*.«■ =< U 1 A• <ffit r"■ '»t i -f- A H VOLVO •"'T '.M v. J' <=.■ 0 .g ■"V ~*a *'T •'*f .0 '33$wHF 4% v: > ~^r.. -v HOW THE /S 4 w Mt 1 NEW VOLVO TWO- ~J\ <
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  • Page 7 Advertisements
    • 459 7 %'Sr.' The Urban Redevelopment Authority is offering the following sites for sale by PUBLIC TENDER. URA is offering 2 choice sites for housing development. K MB%& Land Parcel A at Bishan Rise occupies an attractive location directly opposite the Bishan MRT Station. Land Parcel B at Seletar Springs lies in
      459 words

  • CHINA HONGKONG TAIWAN
    • 367 8 WASHINGTON But Lord says it will be tough getting Congress t« support extension of status Reuter US ASSISTANT Secretary of State Winston Lord said on Wednesday the administration will "fight" to renew favourable trade benefits for China and that recent tensions over Taiwan strengthened
      Reuter  -  367 words
    • 229 8 GENEVA Bernama THE chief negotiator for China's bid to join the World Trade Organisation (WTO) has expressed strong concern that the entry talks might take several more years, unless a political decision is made by major trade powers. Long Yongtu, Assistant Minister of the
      Bernama  -  229 words
    • 62 8 [HONGKONG] The final section of the Tsing Ma Bridge double-deck fixed crossing being lifted into place yesterday to complete the link between Lantau Island, where construction for the new airport is underway, and the rest of Hongkong. It will be the world's longest suspension bridge carrying both
      AFP  -  62 words
    • 171 8 BEIJING AFP CHINESE and US officials reached no agreement in their negotiations aimed at defusing a dispute over alleged textile transshipments aimed at avoiding US import quotas, Xinhua said yesterday. Negotiations running from March 25 to 27 in Beijing ended without agreement, an unnamed
      AFP  -  171 words
    • 152 8 BEIJING Reuter CHINESE police have arrested four people for trying to sell Cake German and US currency in the country's largest case involving the sale of counterfeit foreign notes in nearly SO years, officials said yesterday. Police in Chongqing city in south-western Sichuan
      Reuter  -  152 words
    • 103 8 BEIJING Reuter 0 CHINA is drafting rules to attract foreign investment in lossmaking state enterprises, a spokesman for the State Economic and Trade Commission said yesterday. The commission will announce this year regulations aimed at resolving the problems of state enterprises and attracting foreign investment, the
      Reuter  -  103 words
    • 183 9 WASHINGTON AFP THE Taiwan government's hope for regaining a seat at the United Nations is unrealistic, a US official said on Wednesday. "I just don't think it's a realistic option," an official in President Bill Clinton's administration, speaking on condition of
      AFP  -  183 words
    • SINO Brief
      • 56 9 AFP [HONGKONG] Chinese and British officials aided a third i round of talks yesterday on details of Hongkong's handover ceremony without reaching agreement. "All I can say is that this is not an easy discussion and we are having difficulties,'' said Hugh Davies, head
        AFP  -  56 words
      • 78 9 Reuter I [BEIJING} China plans to invest 26 billion yuan (554.4 billion) in of&hore oil production over the next five years, Xinhua news agency said. The state-owned China National Offebore Oil Corp will pour the hinds into 23 oSShore oil derricks, 500-km-long submerged pipelines,
        Reuter  -  78 words
      • 80 9 Reuter [BEIJING] Annual output growth of China's vibrant rural enterprises is expected to slow in the next five years, Xinhua said. Annual growth would foil to is per cent in 1986-2000 compared with an average of 30 per cent over the past 17 years,
        Reuter  -  80 words
      • 54 9 AP {BEIJING] China wants to make SO "great movies" under the next Ave-year plan, but each of them will be liable to censorship, tneneadattne communist Party's propaganda department said at a national conference on inßiiry ui our cuunuy, Ou ScUQ. —J\Mr \*sA*.K -W* HPM
        AP  -  54 words
    • 349 9 WASHINGTON Helms says his invite's long-standing and it's op to Taiwan leader to make first move Reuter THE White House said on Wednesday it has no plans for Taiwanese President Lee Teng-hui to visit the United States despite conservative Senator Jesse
      Reuter  -  349 words
    • 352 9 BEIJING Principle of one China beyond discussion, says govt official AFP THERE can be no dialogue between China and Taiwan until the nationalist island's leaders have clearly renounced independence, foreign ministry spokesman Shen Guofang indicated yesterday. Beijing also implicitly warned Washington that an invitation
      AFP  -  352 words
    • 245 9 TAIPEI AFP TAIWAN'S government-lip stock-support fund is reducity its activity in the local stcflL market after achieving its g&y of stabilising share priceV dealers said yesterday. The NTS2OO billion (Sslftp billion) fluid was scaling down" its purchases, buying 10V* than NT$l billion worth oft stocks
      AFP  -  245 words
  • Page 8 Advertisements
    • 41 8 t A name that fits well. <* -mm***** 2 Uv;t>> Kr M9h c > %v. m*#! \_iC-4 8 MsA 'rjjrtft V*V%lt F V s#(i sidiF -i v 'Was .ivzlm £2* AW Ligne Studio k t: A LANVIN PARIS Hyatt Regency, Paragon By Sogo.
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    • 109 8 IB llHilt 1-1- A i HuJil I—ll J*«l- ffixn a wonawfoe imiTi ot tou rnum-QiscipMneo proresstonais ana n n w i tl mL in I mntinn n I aMiaaji A n rfl t nH n aamlUlamMal a rwrwor* ot inTemauonai ott tees, va,ha provKWS corrnoenuW ana I cost ■MM company
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  • Page 9 Advertisements
    • 62 9 4- V, l\ u. t m v**, 'HJH —w K A,-;' rZ/re < fofW/ o/ < c //t,s/)(ra//o/i Hcnnossv XO Til Or t 1 It ukk I hcc .inic the staiul.iril h\ u h ich ot her coiMiacs u ore ndcc'il Aml toil a\llrema i n -> I Ik- it
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  • ASIA
    • 135 10 TOKYO Reuter SHIN Kanemaru, a former Liberal Democratic Party (LDP) kingmaker, died yesterday at a hospital in his hometown in central Japan. He was 81 years okL NHK public television said Mr Kanemaru died of complications resulting from diabetes. It quoted family members in Yamanashi
      Reuter  -  135 words
    • 338 10 NEW YORK Analysts cite loan wtes, US interest rate uncertainty Reuter THE start of a new Japanese fiscal year on April 1 is unlikely to herald a torrent of fresh money into US Treasury bonds and the dollar by Japanese institutional investors, financial
      Reuter  -  338 words
    • 295 10 TOKYO Business group says draft ignores key points which it had proposed to the govt FT THE Japanese government plans to unveil today what promises to be a modest package of economic deregulation measures, likely to be in line with the
      FT  -  295 words
    • 303 10  -  ■SYDNEY By\ Surinder Singh DYNASTY Corporation, through its Dynasty Pacific Group, has entered into a joint venture to develop a As6o million (Ss66 million), 228-suite hotel in Brisbane. The project, located in the central business district and undertaken with New Zealand's
      303 words
    • ASIANotes
      • 124 10 AFP [TOKYO] A court yesterday declared the cult Aum Supreme Truth bankrupt and named a lawyer to liquidate all its assets to help compensate victims of the sect's nerve-gas attack on the Tokyo subway last year and its other crimes. The ruling by the Tokyo
        AFP  -  124 words
      • 42 10 Bloomberg Business News [SYDNEY] Reserve Bank of Australia Governor Bernie Fraaer has warned that if wage growth continues to accelerate, the central bank will respond by raising interest rates in a bid to keep inflation under controL
        Bloomberg Business News  -  42 words
      • 80 10 AFP [DHAKA] President Abdur Rahman Biswas yesterday signed a landmark bill paving the way for all future elections in Bangladesh to be organised by a neutral caretaker government. The bill fulfils the main demand in the opposition's long-running campaign to topple Prime Minister Khaleda Zia. The
        AFP  -  80 words
    • 190 10 COLOMBO Reuter SRI Lanka, currently in the grip of a severe power crunch, is offering special incentives to overseas investors who set up their own power generating units, the foreign investment agency said yesterday. "The Board of Investment (BOI) will implement a special
      Reuter  -  190 words
  • Page 10 Advertisements
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  • Page 11 Advertisements
    • 1361 11 Singapore Technologies Industrial SINGAPORE TECHNOLOGIES INDUSTRIAL CORPORATION LTD (Incorporated in the Republic of Singapore) Unaudited Full Year Financial Statement and Dividend Announcement The Board of Directors of Singapore Technologies Industrial Corporation Ltd is pleased to announce the following unaudited results of the Group and Company for the year ended 31
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  • THE WORLD
    • 770 12  -  WORLD VIEW Russia gears np to choose a president from a motley selection of candidates By Kevin Sullivan EVENTS in Russia are compelling. The hustlers, statesmen, charlatans, idealists, old soldiers, thugs and intellectuals who make up Moscow's political class head pell-mell, and with Slavic panache,
      770 words
    • 165 12 FRANKFURT Bloomberg Business News THE Bundesbank left its full slate of interest rates unchanged, in line with expectations it will put off cuts to stimulate the German economy until money-supply growth slows. The M 3 money supply, the Bundesbank's gauge of inflation, surged at an annual
      Bloomberg Business News  -  165 words
    • 215 12 WASHINGTON Slower pace suggests some cantion over economic outlook Bloomberg Business News US business investment this year will probably grow at the slowest pace since the 1990-1991 recession as corporate executives reassess the economy's strength and computer sales slow down. The projected 1.5 per cent
      Bloomberg Business News  -  215 words
    • 335 13 LONDON Central banks say forex exposures net properly managed FT LEADING central banks warned on Wednesday that a widespread failure by banks to measure and manage large settlement risks in global foreign exchange markets posed a threat to world financial stability. A
      FT  -  335 words
    • 215 13 WASHINGTON AFP THE United States is close to a decision on whether to impose sanctions on China for its alleged sale of sensitive nuclear technology to Pakistan. US Secretary of State Warren Christopher told a congressional committee on Wednesday that Beijing's alleged sale of
      AFP  -  215 words
    • 241 13 LONDON AFP BRITAIN'S moribund beef industry went on life support yesterday as the government frantically searched for a formula to calm mad cow panic, restore consumer trust and rescue its farmers from ruin. The final death knell came in Brussels on
      AFP  -  241 words
  • Page 12 Advertisements
    • 715 12 PACIFIC CARRIERS LIMITED (Incorporated in the Republic of Singapore) The Directors of Pacific Carriers Limited wish to report as follows to shareholders:UNAUDITED RESULTS FOR THE YEAR ENDED 31 ST DECEMBER 1995 The Group The Company 1995 1994 Variance 1995 1994 Variance S'ooo $'000 $'000 $'000 °A 1(a) Turnover 137,345 133,769
      715 words
    • 168 12 H 4u 1 Detailed Enamelled Dials I IK MHKI I I lit fr I llr I Asj High PrecMon Hands FC-290E36 Already early in the 18th century, Geneve became known as a major centre for creation and production of timepieces. Since then the [HHI H Genevese watchmakers rose to unparalleled
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  • Page 13 Advertisements
    • 16 13 r r 6 I* ;i 4VH'fl^H■lll.' i^^^1 I*l1*1 11 ||^U|U|U||liHMJiH9||iMJMMiUi| fe. I L F r FQS4OO3
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    • 585 13 I This announcement appears as a matter of record only I I I I GRAND SILVER TRADING LIMITED I I US$5O MILLION I I TRANSFERABLE LOAN CERTIFICATE FACILITY I I I Arranger I I I Bank Of Boston, Singapore Branch I I I I Co-Arranger I I I Union Europ6enne
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  • EDITORIAL & opinion
    • 804 14  -  Tim BOTTOM ura OPINION By Mohan Kuppusamy The writer is BT's editorial page editor IT WAS perhaps unavoidable that the results of Taiwan's presidential elections would be seen by some as entirely a reaction to Beijing's missile tests in the narrow Taiwan
      804 words
    • 134 14 'My dream would be to see both parties solve our country's problems, and then we wouldn't have to do anything. But if they don't... we will have to get it done.' -iMiFtnt In another of his cryptic replies when CNN talk show host Larry King asked (fhe
      134 words
    • 588 14 EDITORIAL IF last week's "union accord" between Russia and Belarus has not been greeted with universal jubilation, it is because former members of the Soviet Union are haunted still by the ghosts of the past Never far from the surface, old memories had already been revived
      588 words
    • 985 14  -  London financial establishment's gutless handling of the Barings case erodes confidence in self-regnlation By Neil Behrmann The writer is BT's London correspondent A RECENT letter to the London Times reflects the general disenchantment with the British financial establishment's handling of the Barings collapse. Commenting
      985 words
    • 383 14 MORE than a decade of confidence-building measures by Britain and China, designed to encourage officials to stay, were undermined yesterday by the warning by mainland official Choi Ziying that all principal officials who serve beyond the handover must actively support the provisional legislature. It is hard
      383 words
  • Page 14 Miscellaneous

  • EXECUTIVE LIFESTYLE
    • CHATTER Box
      • 127 15 Reuter ADOLF Hitler was suffering from Parkinson's disease in the last years of his life, a German doctor said on Wednesday, more than 50 years after the Nazi leader's p death. Professor Ellen I Gibbels, head of Cologne University's neurology department, said she had pored over
        Reuter  -  127 words
      • 76 15 Reuter PRINCE Edward meeting cast members of Starlight Express after it celebrated its 12th birthday and 5,000 th performance in London on Wednesday. Composer Andrew Lloyd Webber revealed plans for a £20 million (5142.8 million) cartoon film version of the musical. The roller-skating spectacular has now
        Reuter  -  76 words
      • 113 15 LA Times BEING a stand-in for Brad Pitt has its share of perks (jMfiwiwtng grmipjM among th«m) nn afft frnnww thU better than Steve Altes, 38, who is in New York to film The Devil's Own. Altes used to be a rocket scientist with
        LA Times  -  113 words
    • 646 15  -  It's not easy finding a bottle of pinot noir that costs less than $35. David "ww could only come up with nine DAVID GABRIEL IT IS not very easy to find inexpensive pinot noir in Singapore. Push into the $60 range and above and there is quite
      646 words
    • 486 15 RUGBY Lomu's marriage, lack of practice may affect team's hat-trick Md AFP [HONGKONG] Jonah Lomu's secret marriage and a lack of team practice could undermine New Zealand's chances of winning a hat-trick of Hongkong Rugby Sevens titles this weekend. "We will struggle a bit,"
      AFP  -  486 words
    • 303 16  -  LIFESTYLE BT lifestyle lUrch contest winners win watches not available here By Pamela de Souxa [SINGAPORE] Bubbly, animated, unique that's how you would describe Evelyn Quek, top prize winner of the BT Lifestyle March contest. The energetic Ms Quek, a strong believer in managing time
      303 words
    • 992 18  -  ART Indonesian focus in Christie's and Sotheby's upcoming By Iola Lenzi [SINGAPORE] Christie's and Sotheby's will be testing the regional painting market once more when the two auction houses hold their respective sales in Singapore and Amsterdam in the coming weeks. Christie's, conducting two South-east
      992 words
    • 430 18  -  ART Sadayalstigrii fcpfcti thft HfopiMk in deeply-felt portraits By Iola Lenzi [SINGAPORE] One of Japan's best established and prestigious modern art galleries, Galerie Nichido, is briefly in Singapore this weekend presenting artist Sadaya Ishigaki's views of Singapore at the Shangri-La Hotel Specialising in Impressionist paintings
      430 words
    • 695 18  -  MOTORING L&test MmhiTMW fresh colour, lighter body andpotcoinf(vt By Christopher Tan BMW made a good first impression. The new s's coupe-like stance highlights the best of the current 3- and 7-series. Few will find fault with its clean and modern design. As almost always,
      695 words
  • Page 15 Advertisements
    • 73 15 -1 i tbi£fell {i fcftc 1 JBWfaflflTt e 5 "fi' :/di i' fi -J HjEfi-'i-"' ;0 H '•>* V .-v;'. M.^t 1 A. ;> I i SKfeg *PB H H I K s >'- mJKLtm JLmJKLM The 1995 Businessman of the Year, the Outstanding Chief Executive and the Enterprise Award
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  • Page 16 Advertisements
    • 336 16 I ii i 11 aSiV 563 Orchard Road «BM3 Forum Goieria XI Ufflvri tri a fc~J SJngapofe23BBB4 1 I 4-spenoSl $******+ Lunch 1130 a- 3 00pm'Dinner 6.30pm -1100pm (UMMlpilLa JlOl I oyster With gariic Yunnan Garden Restaurant IrfifTfl 2 Jurong East Street 21 #05-01 CHINA CHINA RESORT RESTAURANT ftT|Hl| (IMM
      336 words
    • 87 16 12-31 March 96 Savour our hawker delights from Prawn Met Soup, Laiaa, Rati Praia, Popiah to mouth-watering desserts. Certainly a feast worth indulging! Only at Cafe Carousel! For reservations, please call 831 2868. Lunch: $1640(adult) $10M (child below 12) Dinner: $18 JM) (adult) $12 Ml (child below 12) Prices are
      87 words
    • 156 16 A CLOSE LOOK AT OUR CHEFS BEST IDEA YET Choose from the best of Seafood Theatre Restaurant. Thafs 60 of the finest seafood and Cantonese dishes in all! Served a la carte. So all you have to do is pick for a set. And sip on the freshly squeezed complimentary
      156 words
    • 148 16 I MORE THAN JUST I SEAFOOD! I Besides live seafood, Singapore's largest outdoor seafood restaurant offers the Instant Asia Cultural Show at no Available from Bpm to 8.40 pm, Mondays to Pridays. SIR6P m j seafood restaurant 920 East Coast Paricway, Siagapore 1344. Tel: 345 1111 j Executive Set funch
      148 words
    • 97 16 I 11 ■■I Mil Lunch with a difference at The Mezzanine. Our Sophisticated Sandwiches, with names impired by faraway places, arc a trip in themselves. So air our quiches, salads and sinful desserts. In the inviting ambience of The Mezzanine, youll indeed have a most pleasurable lunch. For reservations please
      97 words

  • Page 17 Advertisements
    • 127 17 Where to wine, dine and entertain [M|MQRffiQ|||E I BjMVVWVVVSVVWVt Come and join the Easter children's Party for FUN, GAMES, MAGIC SHOW, jk»; a yummy lunch spread and lots of Prizes! la*- 7th April 1996 Sunday, I.oopm \ltako your roaorvwbona today to «voM 1 dlaappolntmm eaU 733 2081 «t 468 1
      127 words
    • 122 17 4 Our new old (ajhiotied Italian expreeeo machine maU great coffee tke way it 'Skoulda be made'. All you have to do i* create iome time to II enjoy a cuppa during the kuainew day. So wketker you're a Managing Director A Ood Father, a aecretary or a Lean counter;
      122 words
    • 88 17 UOf Si Smmdmf. 7 /4p*U tf96 4 tfs a bunny fun time for all with game staife, kiddy rides, special appearance by our guest celebrity and a tempting selection of goodies I $40 nett Adult $30 nett Child* Get your tickets at the FA.B office by calling *****05 11.30 am
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    • 120 17 Singapore Business giving you the winning edge rm""yi iwii'iwm r~i if" m"tt b~rirrf —y -ig In a class of its own, \jbrthoseivith exquisite j ■Ppßi 4mhM! array of Dim Sum delicacies awaits you m** till New Kra Court Shark's Flo aid Safari Restaurant 20 Dronfe Rd (off Kflincy Rd) 101-01
      120 words
    • 100 17 IULI House Restaurant 3E River Valley Road #01-09/1 ICtak Quay Siiwore Q Hofel Melld'Scotts HIGH FASHIOH AT HIGH TEAV Join us every Saturday at the EL PATIO for that old-time tradition of afternoon high tea \VMcj I accompanied with an entertaining fashion show. yln/ Time: 2.00pm-5.00pm IJk j\ Price: $14.50+++(adult)
      100 words
  • Page 17 Miscellaneous
    • 443 17 TV&RADIO sESc. SSSr"-- HHi 1130 D^id^tternian 0W With 10 -3° I Man &0B Hans Christian Ander £0 UJO H AUce in Wonderland. j j V 1030 11 fiHHHHHHBHHM L 4° °P inion A Uwyvr aai A fft/SttMULOngoryPeik in the classic nun He I'd iroo "Sella-Vision. m amcdis %M Hindi Movi
      443 words
    • 173 17 CRYPTIC CROSSWORD Is involved with women of at- ""Q" jBpTTjT 22 4 Itinerant craftsman in poet29 Forced to return the cheese (4) 30 Weapon launcher in Navy port 12 But a blunt question may incur YEBTCBDATB SOLUTION to be due for modification (7,4) it (5,6) IXVWH 13 Camping or sailing?
      173 words

  • Page 18 Advertisements
    • 59 18 OFFERMANN HANDCRAFTED IN GERMANY CALF LEATHER WALLET, six credit card pockets, id card compartment. TWO SECRET POCKETS FOR SAFE DEPOSIT KEYS. NAME CARD HOLDER. TWO CURRENCY NOTES COMPARTMENTS. COINS COMPARTMENT. OFFERMANN MADE IN GERMANY SINCE 1842 290 ORCHARD ROAD, 01-26 PARAGON BY SOCO, SINGAPORE 0923. TEL: 733 1700. 435 ORCHARD
      59 words

  • COMPANIES & MARKETS
    • 455 19  -  It plans to expand engineering and propei ly units for a wider profit base BSfi Christopher Tan Diana Oon [SINGAPORE] Singapore Bus Service posted a 7.4 per cent drop in earnings to 167.5 million for 1995, from $72.9 million previously. The outcome was
      455 words
    • 376 19  -  By] Diana Oon [SINGAPORE] Singapore Bus Service (SBS) expects to launch its condominium at Bukit Timah/King Albert Park in the third quarter of this year. Group chairman Wong Hung Khim said yesterday the 92-unit freehold project would be launched once sale licences
      376 words
    • 290 19  -  ICS gun improves 15%, UOI suffers 4% dip in earning? By\ Soh Tiang Keng [SINGAPORE] Singapore Reinsurance Corporation, which last night announced a 13 per cent rise in group net profit last year, is making a l-for-2 rights issue to raise about $36 million for
      290 words
    • 545 19  -  HOCK LOCK SIEW William Chia TAPIOCA starch producer Budi Acid Jaya (BAJ) is on course to expand its production capacity from 75,000 tonnes per annum in 1994 to 510,000 tonnes next year. BAJ, which was listed on the Jakarta Stock Exchange in
      545 words
    • 267 19 [SINGAPORE] Trader and car distributor Intraco yesterday reported a set of improved results, but said two of its most profitable businesses were expected to face pressure this year. The government-linked company saw turnover rise 3.8 per cent to $917.8 million
      267 words
    • 407 19  -  By Abdul Hadhi (SINGAPORE] Liang Court Holdings yesterday announced a 40 per cent rise in 1995 group net earnings to $13.43 million and a proposed 2-for-5 rights issue. The higher after-tax profit for the year ended Dec 31 was achieved on the back of
      ARTHUR LEE  -  407 words
    • REGIONAL COMPANIES
      • 345 20  -  Results better than consensus forecast despite net profit fall in second half By\ Shiv Taneja [SINGAPORE] Industrial Commercial Bank yesterday reported a 14 per cent increase in group net earnings to almost $69 million for the year ended Dec 31,1995. ICB, a
        345 words
      • 334 20 (SINGAPORE) No surprises are expected when OCBC Bank announces its annual results today but all eyes will be on United Overseas Bank. Analysts forecast that OCBC Bank's results ought to come in at or around the consensus forecast of $616.8 million, a growth of 14.7
        334 words
      • 143 20 [SINGAPORE] Hongkonglisted but Singapore-based Sum Cheong International has turned around, posting an interim net profit of HK511.62 million (Ss2.l million) for the six months ended Dec 31,1905, compared with a loss of HK$l.B6 million previously. The construction and mining company, which has been in the
        143 words
      • Article, Illustration
        33 20 [KUALA LUMPUR] Founder and chief executive officer of Asia Connect Sdn Bhd, Ray Cheng, in his office. Asia Connect is billed as Asia's first full service Internet solutions provider. REUTER
        REUTER  -  33 words
      • 205 20  -  By\ Lee Han Shih [SINGAPORE] Property company Hong Fok Corporation yesterday lived up to its reputation for erratic performance by declaring net earnings of $35.8 million for 1995. This was a drastic turnaround from the $12.9 million loss in 1994. Before that, Hong
        205 words
      • 258 20  -  From Al Labita in Manila LISTED Singapore Technologies Automotive Ltd (STA) is considering a joint venture with US Firm General Motors (GM) in the Philippines. In a letter to the Board of Investments (BOI), the agency overseeing the automotive industry,
        258 words
      • 115 20 tSINGAPORE] Electronics sub-contractor Singatronic plunged into the red with a loss of $5.1 million, against a profit $6.7 million a year ago. For the year ended Dec 31, turnover fell 37 per cent to $91.2 million. Operating profit of $3.3 million was not enough to cover
        115 words
      • 274 20 [SINGAPORE] Pacific Carriers Ltd (PCL) and Cosco Investment more than doubled their net profits last year. PCL's earnings rose 110 per cent to $28.5 million for the year ended Dec 31, 1995 while turnover rose 3 per cent to $137.3 million. Earnings per share soared
        274 words
      • 272 20  -  By\ Rahita Elias [SINGAPORE] Osprey Maritime, which last year experienced a 120 per cent surge in net profit to US$l5.5 million (Ss2l million), plans to launch a l-for-2 bonus issue. Chairman Tim Cottew said that the issue, which is subject to approval from the stock
        272 words
      • 165 20 [SINGAPORE] Lum Chang Holdings yesterday reported a drastic 56 per cent drop in net earnings to $3.08 million for the half-year ended Dec 31. The group's performance was dragged down by lower contributions from its stockbroking division, and the fact that no new property
        165 words
      • COMPANY Briefs
        • 54 20 [SINGAPORE] Construction group Koh Brothers' net earnings inched up 2 per cent to $9 J5B million for 1996. Turnover was 3 per cent higher at $213.67 million. Earnings per share was 4.03 cents. The directors have recommended a first and final dividend of 0
          54 words
        • 56 20 [SINGAPORE] Liang Huat Aluminium's group net profit improved 8.81 per cent to $4.19 million last year with turnover up 14.96 per cent to $79.35 million. Earnings per share slipped to 1.92 cents from 2-37 cents, while net tangible asset per share was marginally up
          56 words
        • 54 20 [SINGAPORE] Kian Ho Bearings raised its profit by 61 per cent to $4.65 million last year (Hi a 27 per cent higher turnover of $68.84 million. Earnings per share rose to 4.43 cents from 2.89 cents previously, white net tangible asset improved to 25.23
          54 words
        • 63 20 [SINGAPORE] SM Summit Holdings' group net earnings rose 11 per cent l ast year to $5.45 million. This was achieved on the back erf" a 28 per cent rise in turnover to $21.78 million. Earnings per share slipped to 3.68 cents from 4.3 cents,
          63 words
        • 29 20 [SINGAPORE] Rotol Singapore said net profit last year went up 31.6 per cent to $4.2 million, while turnover rose 63 per cent to $29.7 million.
          29 words
        • 63 20 [SINGAPORE] Hind Hotels International's group net profit fell 17 per cent to $5 million on a turnover of $38.2 million, up 3 per cent from 1994. The company expects the hotel industry in 1996 to be very competitive due to additional new rooms coming into
          63 words
        • 48 20 [SINGAPORE] Hwa Hong Corp posted a flat one per cent increase in net gain to $9.8 million (before extraordinaries), while turnover dropped 9 per cent to $210.3 million. The group said turnover was hit by lower contributions from insurance and construction activities.
          48 words
        • 25 20 [SINGAPORE] The Stock Exchange of Singapore has granted in-principle approval to the l-fbr-4 bonus issue proposed by Resources Development Corporation.
          25 words
      • 344 21  -  Li denies saying Hutchison Intl Pert would boycott terminal if rival had won tender From Quak Hiang Whai in Hongkong THE bitter tussle over the rights to develop and operate the Tuen Mun terminal ended yesterday with the lucrative deal being awarded
        344 words
      • 483 21  -  Profit boosted by property, cement, treasury income and Hutchison Whampoa From Quak Hiang Whai in Hongkong [HONGKONG] Li Ka-shing's Cheung Kong (Holdings) yesterday met analysts' expectations by reporting a modest 10 per cent jump in net earnings for 1995 to HK111.125 billion
        483 words
      • 199 21 Bloomberg Business News Reuter [HONGKONG] Amoy Properties Ltd, the Hongkong property investment company headed by Ronnie Chan, said net profit rose 1.7 per cent to HK1836.6 million (*****.59 million) in the six months ended December 1995. Analysts had forecast a net profit
        Bloomberg Business News; Reuter  -  199 words
      • 167 21 Reuter [TAIPEI] Britain's Swire Group said yesterday it wUI invest a total of NTS 2 billion (SIIO3 million) in Taiwan in Ave years to expand car sales and maintenance facilities, dismissing concerns about recent Taiwan-China tensions. "The Swire Group has decided to
        Reuter  -  167 words
      • 96 21 AFP [TOKYO] Japan's Sega Enterprises Ltd said yesterday it and Softbank Corp would set up a joint venture in the United States to adapt gamemachine software for use on personal computers with Windows 95. The Sega Entertainment Inc venture would have capital of
        AFP  -  96 words
      • 53 21 [SEOUL] Hundreds of union members of South Korea's Mun Hwa Broadcasting Co holding a protest rally yesterday outside Seoul's Railway Station Plaza. The workers were demanding fair television coverage and the resignation of company president Kang Sung Ku. The union has been on an indefinite strike since
        REUTER  -  53 words
      • 370 21  -  Group ops dividend payout in anticipation of good 1996 results From* Quak Hiang Whai in Hongkong HUTCHISON Whampoa, which is controlled by tycoon Li Ka-shing, yesterday said net earnings for 1995 rose 19 per cent to HK19.56 billion (511.75 billion) and
        370 words
      • 249 21 AFP {HONGKONG] Jardine Matheson Holdings Ltd yesterday said its net profit feU 13 per cent from a year earlier to HK5291.7 million (5553.1 million) in 1995, including an exceptional gain of HK$94 million. Jardine, the oldest trading firm in Hongkong but
        AFP  -  249 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 281 22 Second quarter loss is higher than expected; operational losses will be USs2oom Bloomberg Business News (CUPERTINO, California] ApComputer Inc will report a wider-than-expected loss of about US$7OO million (Ss9B7 -million) for its fiscal second quarter as the troubled computer maker struggles to remedy inventory problems
        Bloomberg Business News; Source: Bloomberg; BCRUZ  -  281 words
      • 206 22 NYT [TOKYO] In what would be an audacious move for a Japanese company, Sony Corp is planning to develop a new software operating system, officials said on Wednesday. Such operating systems, the fundamental software controlling computers, have been dominated by US companies. Officials
        NYT  -  206 words
      • 250 22 Bloomberg Business News [NEW YORK] US companies with Japanese operations are having a reversal of fortunes in the currency market as the dollar's climb against the yen eats into first-quarter profit growth. In the past 12 months, the US currency rose
        Bloomberg Business News; Source: Bloomberg  -  250 words
      • 164 22 [SINGAPORE! US investment bank Morgan Stanley yesterday announced a 3.5 times increase in net profit to US$273 million (Ss3Bs million) for the first quarter ended Feb 29, on a quarter-on-quarter basis. In a statement released here, it attributed the record quarterly earnings to
        164 words
    • FINANCE & COMMODITIES
      • 37 23 [HANOI] Vietnamese bank representatives comparing new and old US dollar bank notes during a seminar in Hanoi hosted by the US Secret Service on counterfeiting and features of the new US$lOO bills. AFP
        AFP  -  37 words
      • 292 23 Republic's banking system most secure among ND&S&P Reuter AFP [NEW YORK] Singapore has the most secure banking system in the world's newly industrialised economies, with Hongkong second, financial rating agency Standard and Poor's said on Wednesday. Top-notch regulation and well-disciplined management have yielded high capital
        Reuter; AFP  -  292 words
      • 359 23 Domination in future by screen-based banking through PCs, TV and powerful ragh machines FT MANY large retail banks In North America, Europe and the UK will have to slash their workforces by up to half within the
        FT  -  359 words
      • 321 23 Aussie shoots past key 78 US cents barrier US fond demand helps fan rise above this level for the Ist time since December 1991 Reuter [SYDNEY] The Australian dollar rocketed past the key 78 US cents chart barrier yesterday to heights not seen in five years as the whole world
        Reuter; Source: Bloomberg  -  321 words
      • 130 23 AFP (SYDNEY] Former Australian prime minister and Lloyd's of London "name" Malcolm Fraser has called on fellow underwriting syndicate members to support the insurance group's plan to resolve its massive losses. Mr Fraser, who was Australia's prime minister from 1975 to 1963, has never
        AFP  -  130 words
      • 87 23 Bloomberg Business News [WASHINGTON] The House Banking Committee revised a bill to overhaul the nation's 60-year-old banking laws, adding provisions that would grant banks new powers to sell insurance policies. A Supreme Court decision on Tuesday permitting banks to expand their sale of insurance
        Bloomberg Business News  -  87 words
      • 352 24 Investigation into whether agency used the threat of unsolicited ratings to get itself hired NYT {NEW YORK] The US Justice Department has begun an investigation into the workings of the credit-rating industry that focuses on what some contend are anti-competitive practices by Moody's Investors Services
        NYT  -  352 words
      • 93 24 Bloomberg Business News [HONGKONG] The Chicago Mercantile Exchange (CME) wants to begin trading futures and derivatives' contracts based on Asian interest rate, currency, and equity markets, the Asia Times reported. Exchange president Bill Brodsky said the World Bank's private-sector subsidiary, the International Finance Corporation, will help
        Bloomberg Business News  -  93 words
      • 359 24 China may be able to fond USs3ob project itself because of fdrex reserves build-up FT CHINA will defer for the time being the issue of bonds in international markets to fund its controversial US$3O billion (5542.3 billion) Three Gorges dam, following a
        FT  -  359 words
      • Article, Illustration
        39 24 [HANOI] Worker Tran Due Rieu lifting wet coalfhmi a mould at a coalfactory in Hanoi's Gia Lam district This particular form of coal is dried under the sun and used by most low-income Vietnamese for cooking. AFP
        AFP  -  39 words
      • 136 24 Bloomberg Business News [NEW YORK] Refco Inc, the world's biggest futures broker, denied a report that it is under federal criminal investigation for its dealings with Jay Goldinger, the money manager accused of losing at least US$4O million (Sss6 million) through
        Bloomberg Business News  -  136 words
      • 142 24 Corrections clarifications IN the article titled "Nomura in Large Simex Cross Trades" in the weekend edition (March 23-24) of BT, the total volume figures provided in the table were incorrect as a result of a technical problem in the Internet service providing Simex data. Simex has, meanwhile, pointed out that
        142 words
      • 226 24 Report Reuter [SINGAPORE] Simex Euroyen futures ended little changed against their overnight Chicago close as dealers awaited fresh trading leads. "Market sentiment is for interest rates to stay low and that triggered the short-cover-ing on Wednesday. Today, it gyrated within a pretty tight range," said one
        Reuter  -  226 words
      • 160 24 Reuter AFP THE dollar tumbled against European currencies in the wake of the Bundesbank's decision to keep key interest rates steady and of a rise in US first-time weekly applications for unemployment benefits. The market had been slightly long of dollars going into the meeting just in case
        Reuter; AFP  -  160 words
      • 336 24 ENERGY REPORT Reuter [LONDON] OU prices slumped yesterday as the market continued to puU back from the 3v*-year highs hit on Tuesday. In London, world benchmark North Sea Brent blend crude oU futures for May delivery hit a low of
        Reuter  -  336 words
      • Article, Illustration
        1218 24 IHTERBAUK CURBElfCT RATB8 4pm, Mar 28 S* A«riWtll$$ AfMSI A«olMt US$ CvtmcIm BM Offor SM l (WNf CarrwKtoo j Hi Oflor Hi Offer St'LSSS to on* unit ot foreign currmcy: St VSS to 100 unit* of Ibrtiffn currency: «mUHW Mr 11M Lion 0.7013 0.79W ftweft fra* 27.7927 27 (179 19.7003
        1,218 words
    • 1643 25 M00MP0TDM8 Mar 28 MM (Mam damp «l SJOpatf RSS 1 CONTRACTS cwtsA«) Owe VolMM Opm Moot* Wfh Low Sett (tomes) tatorost Apr 96 214.00 216,00 216.00 75 200 MfN ***** 4t75 Jm 94 209.50 209.50 209JO 50 2550 Mfap 96 205.50 202.50 205J0 825 ***** Oct/Dw 96 204.50
      1,643 words
    • 2196 25 MwlB hfrlllldl Mo A. A. Corp Adr *31/2 unch A6 Ports 288 -4 Attey National 564 *4 AMIed Lyons 4*9 -1 Amac 100 unci) ArgyB 303 -3 Asda Group 1041/2 -1/2 BAT tad 494 -4 BICC 338 11/2 80C Croup 885 -1 BR Petroleum 963 -11 BTH
      2,196 words
    • 1618 25 Reuter QWktaiaS -34J6 STOCKS ended easier on profit-taking after recent gains. But shares registered on the over-the-counter market surged in active business, attracting investors who expect higher prices when the new fiscal year starts on Monday. "Considering the rapid price rise led by in-dex-linked buying recently, it was natural
      Reuter  -  1,618 words
    • Article, Illustration
      1590 26 AFX-Asia Q Hug Seng 46J1 SHARE prices closed down in flat, directionless trading. The Hang Seng Index closed down 35.99 points at 11,030.58. Turnover was HK$4.OB billion. Amoy Properties, Hang Lung Development and New World Development announced interim results shortly after the market opened for the afternoon session. New
      AFX-Asia  -  1,590 words
    • Article, Illustration
      604 26 Reuter fl Shanghai B Share liiti -OH THE Shanghai B market closed lower after a newspaper report said China would list more B shares this year than in 1995. The index lost 0.26 point to 50.24 points on volume of 7.1 million shares worth US$3.2 million. The China Securities
      Reuter  -  604 words
    • 356 26 AFP QWPbfax -10.71 SHARES finished lower as investors declined to buy stocks ahead of a three-day holiday. "Most investors refrained from taking positions before the holiday," said a trader. The Weighted Price Index fell 10.76 points to 5,032.35. Turnover was 696 million shares worth NTJ20.43 billion. The government-led NTS2OO
      AFP  -  356 words
    • Article, Illustration
      677 26 AFP POwyatiMg -L3I SHARE prices closed lower, with most foreign investors sidelined during trade that was marked by speculation on second line stocks. The JSE Composite Index fell 1.36 points to 585.71. Turnover was 222.3 million shares worth 497.2 billion rupiah. Dealers said foreigners appeared to take a wait-and-see
      AFP  -  677 words
    • Article, Illustration
      813 26 AFP Dsn Mm -&.7I SHARE prices closed lower due to a lack of confidence in government plans to tackle its economic problems. "The government is still unclear on how to deal with fundamental economic problems of high inflation and the soaring current account deficit," said an analyst. The SET
      AFP  -  813 words
    • 303 26 AFP QiUoiU *1430 SHARE prices rose as investors picked up bargains. The Composite Index rose 14.30 points to 2,848.71. Turnover was 7.7 billion shares valued at 1.6 billion pesos. Philippine Long Distance Telephone Co rose 20 pesos to 1,435 and Ayala Land Inc climbed 1.50 to 40. San Miguel
      AFP  -  303 words
    • 399 26 AFP QONqwßttbiß -OJ6 SHARE prices slid, as a lack of fresh Incentives kept the market in the doldrums. The Composite Price Index inched down 0.65 point to 856.56. Turnover was 21.4 million shares worth 371 billion won. Falls beat risers 437 to 292, with 162 unchanged. Select blue chips
      AFP  -  399 words
    • 583 26 AFP QAnOriaariM -ZU STOCKS fell when an alreadyfloundering market came under additional pressure from a fall on Wall Street The All Ordinaries Index closed 23.2 points lower at 2,236.5. Turnover was 269.2 million shares valued at A) 686.2 million. Among the leading stocks, resource giant BHP fell 10 cents
      AFP  -  583 words
    • 270 26 AFP -aas SHARES closed off their lows after Telecom staged a recovery. It was down seven cents, but rallied back to its opening price of NZ$6.5O. The NZSE-40 Capital Index ended down 8.2S points at 2.14Z37. —AFP iNrM «a *b mm ANZ Banking 7.05 -0.10 2*900 AMMMNHMti 1.42 -0.01
      AFP  -  270 words
    • KUALA LUMPUR STOCK MARKET
      • 7492 27 KUALA LUMP U KReports Bloomberg Business News Q Composite Index -7J3 STOCKS fell to their lowest level in a week amid investor concern that the current account deficit could undermine the currency and push interest rates up. Two of the market's biggest stocks, Telekom Malaysia
        Bloomberg Business News  -  7,492 words
    • WARRANTS & OPTIONS
      • 220 28  -  WARRANT WATCH By) R Sivanithy LIQUIDITY in the local stock market has shrunk recently, but not so in Malaysia, where the Kuala Lumpur Stock Exchange has regularly chalked up daily volume of more than Msl billion. If this continues, the obvious beneficiaries in earnings terms
        220 words
      • 3245 28 I8MJM Laat Vol Day Uat Owti V M A«f wm» i— st— cw>t ti. -f rooo) wm. um wt wo M 4S m 3000 m AMD* cS3%*****6 49 *2 J3 ~49 473 -MS 50 77: 374 120 n 3001 Amcol WW0503 2« jj "3 *•JJ* 264 64.5 45.5 m 3143
        3,245 words
    • 2058 28 Or Of mVN LMt v* Day LootQwto 0* 0* VM Not MC« HM> U» gw Cgggf loot Mryor B—or CNr P/I ~~5 m a moo Aisssdfc 75 5 as s» w i u u oj wi 555 B7 IOJ 5001 AMOaSOc *5 IS M»« MJ II U 10
      2,058 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1176 29 TUMOVEI (*000) VALUE COOO) Mate cm TX* mfc en* r«m MMMM 324W 7,163 39,814 120,801 17.799 138.600 rminci 2.944 1243 5*231 5.224 61.454 Hot** 1,777 151 1,928 *933 307 7,240 Prwwtm 3.794 *.413 10,207 17,456 6,606 26^66 PMntatton 362 362 V0S6 U056 MMnq 536 536 1.648 1.648 •tw 5J97 2,510
        1,176 words
      • 4472 29 Cr Gr M Wt 1993/96 Last Vo4 Dsy Last Ousts CMv Mv YM Nst Cs# Avg HH> Law WW Ci—ny COOP) M* L— 8wyar Mhf CMt P/I tm* Prtca —yiiiiiii 5146 ASE NTS10 200 US- 214 165 1258 AcarSOc. US180 unch 264 180 178 180 181 12.0 298.0
        4,472 words
      • 842 29 Or 0r M Wt 1995/96 Lnt VM Day Last Ouota Wv ON rid NX Ca« Ar* HH> law JtNo Company Sak COOP) WH* L— Buy*' XMr Cw P/C Smll Prtca SESDAO 322 40 a 2000 ABRMIdqsSc 251 Cd -1 25 251 251 250 255 18.0 6.9 0.4 54 6
        842 words
      • 891 30  -  STOCK MARKET COMMENTARY ELSE Second Board benefits from speculative panting as the absence of Japanese funds also dampens bine chips By R Sivanithy [SINGAPORE] Activity in the local stock market continued to slow down yesterday, leaving the KLSE Second Board the main beneficiary of
        891 words
      • Article, Illustration
        67 30  -  Bytmilm Paul Lea SINGMARINE Industries yesterday JeU two cents to 53L96 with 223,000 units done more than three times the lOday average of ***** shares. However, compared to the previous day'svolumeqf292,oooshares, yesterday's setting can be considered as mikL Abo, with the weekly RSI in deepfy oversold territory, some
        67 words
      • ON THE GRAPEVINE
        • 166 30 NO ONE can accuse Straits Steamship fjinri for not paying attention to details. In the HDBlandsalewhichcloeedyestertlay.it put in a top bid of for a site In Choa Chu Kang. This must be the first time a company bidding hundreds of millions of dollars had bothered to price another
          166 words
        • 115 30 APRIL FOOL'S Jokes can be really costly, US news agency Bloomberg found out this week. A reporter in its KL bureau wrote a hoax news flash which said that Bank Negara was to be privatised with the sale of nine billion shares at Ms 2 each.
          115 words
        • 96 30 IS THERE a simple reason why Lee Shau Kee is the richest man in Hongkong? Well, it probably has to do with his ability to hedge his bets and strike win-win deals. Like the latest fierce tussle ova* the Tuen Mun terminal project between competing consortiums led by
          96 words
        • 123 30 THERE was a mad rush at the launch of Kuok's group Springdale condominium yesterday and a number of people found themselves kept out because of "problems of crowd control". One buyer who had bought one unit on Wednesday returned to try his luck again and
          123 words
  • Page 19 Advertisements

  • Page 20 Advertisements
    • 246 20 J ~A I 1-flVinivA 1 I OSPREY MARITIME LIMITED wHfe (INCORPORATED IN SINGAPORE) FINANCIAL HIGHLIGHTS 1995 I Net Profit US$ 15.5 m 120% Earnings per ordinary share US cents 16.13 95% Dividends per ordinary share US cents 2.75 Bonus Issue One for every two shares held For the year ended
      246 words

  • Page 21 Advertisements
    • 90 21 100,000 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 Carparking 71 Lots Land Area Approx. 14,560 sq.
      90 words
    • 214 21 Magnificent Swedish Hideaway with Royal Heritage j ft i Ifr? w f Oiimniin J (fj I The property in good decorative a 1-km avenue driveway to main building; total 8 conservation houses, one sauna, total 22 rooms; 4 kitchens, 9 bathrooms/ A rare opportunity to own an exceptional estate formerly
      214 words

  • Page 22 Advertisements
    • 1761 22 (d) The 1994 final dividend includes an additional dividend of 5514,000 (7.5% Isas tax of 27%) paid In respect X-— jT of shares issued under the Singapore-Re Employees' Share Option Scheme aflar the year-end. The final dMdend payable for 1995 may be dllferenl from that provided for In the accountoif
      1,761 words

  • Page 23 Advertisements
    • 13 23 [mi i i rrmair r J!" I intiu i[kf& Plan I iiiiHkSmSslHH -mmmammmm
      13 words
    • 49 23 "1 a I AH A 1 1 V w wy Silltfi ytwl ®PfPf| V WtWfl&mS? L~' ohcharo road wOBM WIWWAI lUWAL swewoieE' |&^ti ORCHAftO ROAD PALAttRPOtANCi WWOMOW 1«L- TWWI *f| *36 ORCHARD ROAD LEVtL 2 'V: dKIAN ORCHARD MNGAPOR«Ib>~ '?>/-* 3» NORTH BNOGC ROAD f*M» I' RAFFLES HOTEL ARCADE MNQAWMK
      49 words

  • Page 24 Advertisements
    • 71 24 i l N '.'l' 8 Bvlgari-Bvlgari Warc/i in 18 kt gold with saddle \leather strap. Automatic movement, lllpV V: L G A R I Bangkok rr/'A Singapore Kuala Lumpur Jakarta '[.'Xjfqnd Hyatt Erarfan VHflto4 International Shangri -La Hotel Grand Hyatt J *****25 '1# $*****2 *****19 *****1 ,J /to/m* Milano "Paris
      71 words
    • 3 24 v» winafl edgfljH
      3 words


  • Page 26 Advertisements
    • 33 26 M M M H, OULTR^» mmm shhhh AVANT-garde V r 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

  • Page 27 Advertisements
    • 232 27 Batam continues to boom. Private foreign and domestic investments totalled $6.2 ADVERTISEMENT RATES 11 jjf /I ammm M —«i_ billion in 1994. Revenues from tourism stood at $240 million in the first six months of 11 Ahß\ Il\m 11 The SlindflV limes ,ast y ear companies, especially electronics, open. Tourists
      232 words

  • Page 28 Advertisements
    • 151 28 Trade in your old photocopier, any brand, ME-. Ist. foru P to v+K-| r\ f\ f\ f .S I/.I II I CALL JENNY AT 747 9900 |SB j J W W and find out more about our attractive monthly II y instalment scheme. And get a brand new Selex. Put
      151 words

  • Page 29 Advertisements

  • Page 30 Advertisements
    • 254 30 NOTICE A BSIVBANK ABSA BANK UMITEO Negotiable Floating Rate uniVM 3VUVOI UQiiar vcrrifKarei off Deposit dee ia March 1998 In accordance with the provisions of the Certificates of Deposit, notice is hereby aiven that for the Interest Period from 29 March 1996 (inclusive) to 30 Sep 1996 (exclusive) the Interest
      254 words
    • 575 30 BUSINESS TIMES \&%$+<.?!+*}~~->=<`?'%@`&_\+=&' TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1298 THE COMPANIES ACT, CAP. 5* ACT SYSTEMS PTE LTD (la Volaatary llqatdartca) SPECIAL RESOLUTIONS PASSED ON 19 MARCH 1996 At an Katraofdmary Central Meeting of die company held al No 24 Peck Seah Street *06-07 Nehsons Building Singapore 0207 oa 19
      575 words
    • 361 30 Singapore Closing Share Prices 28/03/1996 CLOSE PREV LOW HIGH uss uss uss uss Mlf# Jardine Matheson 7.80 7.90 7.75 7.90 Fflnil Jardine Strategic 3.12 3.12 3.10 3.18 L J °airy Farm 0.925 0.905 0.90 0.925 Hongkong Land 2.35 2.34 2.33 2.37 H|Bfli!|| Mandarin Oriental 1.27 1.28 1.25 1.27 IfifiUUm Jardine
      361 words
    • 242 30 Gleneagles hospital SINGAPORE GLENEAGLES HOSPITAL LTD 5595,000,000 Floating Rate Notes Due 2000 In accordance with the provisions of the Notes, notice is hereby given that the Rate of Interest for the 3-month period from 29 March 19% to 28 June 19% (91 days) is 3.6123% per annum with a Coupon
      242 words
    • 479 30 M THE BATTER OF THE COHPAMES ACT, CAP. M VBON TRAVEL PTE LTD ()n Vokrtay UquOrton) M an Exkaartmy Q«m MiUng of t« mantes of VNON TRAVEL PTE LTD <U1 commd and hald al 6001 Baacti Roadf 14-01 tsaaaa an 6w 3» day of MM IMH 6w Mtaabiu Raaakjbora aara
      479 words

  • SHIPPING TIMES
    • 297 31 Knight-Ridder Reuter RUMOURS circulated yesterday morning that stronger grain fixtures had been agreed an private terms for Panamax tonnage from US Gulf to Japan and also from E Coast S America. One broker active in these trades stated that much market information "will go underground" due IK) rising
      Knight-Ridder; Reuter  -  297 words
    • 247 31 SEESSES. CWTOMMIm—U2 undi 2 CAuan Hup IHMtrn 1.13 -0.03 117 Coico iwirtiwuK i m FtU 7.90 *0JS 349 niWLMl 0.93 -0k02 M MIMHt U4 -0.04 n HdSunHM* t« -0.01 32S HRacMZCMM 104 *0.01 t MC IIMJmui HK5.60 JayaHddntt 147 imfi 10 -0J5 13*9 Con 12.70 *0-20 34* Mftetock
      247 words
    • 450 31  -  Proposed joint venture is to develop, manage and operate terminal in Dalian By Yong Mei Fong [SINGAPORE] A team from the Port of Singapore Authority (PSA) is in China, awaiting the final green light for a project to develop, manage and operate
      450 words
    • 310 31  -  S'pore Intl Bunkering Conference International Blinker Industry Association to offer 2 courses By] Rahita Elias [SINGAPORE] The entire spectrum of players in the bunker industry would benefit from having access to training, said Nigel Draffin from the London-based International Bunker Industry Association (IBIA). Mr Draffin
      310 words
    • 736 31  -  ADMIRALTY CASEBOOK By\ Selva Kumar A SHIPOWNER could not set aside a warrant for the arrest of its ship for unpaid bunker fuel as the charterer which received the ftiel could bind it in contractual relationships with third parties. Thus
      736 words
    • 189 31 Bloomberg Business News [ATLANTA, Georgia] American President Lines (APL) said it will spend about US$3O million (5542.3 million) for up to 1,900 new 53- and 48-foot domestic containers, with matching chassis. Of the 1,900 units, 900 will be net additions
      Bloomberg Business News  -  189 words
    • 221 31 New bail-out effort near completion, says shipyard chairman Reuter [COPENHAGEN] A Copenhagen court on Wednesday gave investors in crippled shipbuilder Burmeister Wain extra time to present a rescue plan after B&W chairman Jan Erlund said a new bail-out effort was near completion. The probate court extended
      Reuter  -  221 words
    • 1018 32  -  <JAPAM'S MERCHANT FLEET: HARD HIT BY HIGH COSTS guarantee the future of the fleet the transport ministry has proposed a system to let Japan-registered jships operate with a much higher proportion of foreign crewmen as well as to provide tax incentives Charles Smith Lloyd's
      Lloyd's List  -  1,018 words
    • 437 32 PACE Everett 18 ABCCont 17 6 A£ L 17 Everprime 18 AFTShpg 17 ™C U ami 3 ft Famous 7 API M Fanrtde 16 Abie 7 Feedertrans 4 Accord 8 'oongSun 8 Ahrenluel 4 Wlinki 16 Appenship 4 WWorid 8 Astro 18 GUn
      437 words
    • 15822 40 EXPORT CTA rr* AdvartMar voaa* TaMpNao CTA eta ajvmimrr voaa* Ml Nft —M R*m ww>«r NunMf sin oaarn "mm m mSoari OVM M/M ECL ORICNTROSC I *5-2247»3l A (VM 0V04 MISC PC MAC A Ml *5 *****22 TO ABU DHABI/ST JOHNS (AUH) 2004 To BOMBAY (BOM) 2053 United
      15,822 words
    • SHIPS IN PORT
      • 679 49 v,,w4 Vct W Arrival 0—rtri 0102* M*M 2041/M00 I Mm V* JO? Iiipd 2103/1500 i si's* 1 JO M*fM* 3104,1300 f j" 1 0302* J1I <I»H«I 21 01/2300 £*2" J* 2103/1*00 I'TV JIT *~*a* 05.04/2300 VM JO tll|«» 2*03/1200 i j«4 mm sc. ssr s ss: ssr I
        679 words
      • 1500 49 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO litis SMp Voy Mo Etfc/Btf Nrtoi From To Frow klJM IMA JVOMO M U/BOO H/H9t mm i uww ivm m*x 4 mm mm nttm lata* OTO WB30 U MM a/NM WDM ?s,~soc u *«/T7oc mat n/vvx ii-7oc */owo 1 21/0700
        1,500 words
      • 1084 49 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 averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        1,084 words
      • 504 49 Taiwan: Youth Day. lusa Iran: (tentative) Birthday of Eighth Imam/Islamic Republic Day. APII Iran: Thirteenth Day of New Year Holiday. APIS Israel: Passover. Sri Lanka. Market and Public holiday. Taiwan: Women's and Children's day. API 4 Colombia: Easter (To April 5). Denmark: Maundy Thursday. Finland: Public holiday; markets
        504 words
    • AIR & LAND TRANSPORT NEWS
      • 397 50 No immediate plans to open talks on passenger services, says official AFP [TOKYO] The US has hailed an agreement reached with Japan on mutual air cargo access, a senior US official here describing it yesterday as a "win-win" situation. "It's a win-win
        AFP  -  397 words
      • 216 50 Reuter [TOKYO] Japan Airlines Co Ltd (JAL) said yesterday that it plans to expand its transpacific cargo operations using rights which will be newly provided to JAL as a result of the US-Japan aviation talks that ended yesterday. In order to expand its operations, it
        Reuter  -  216 words
      • 80 50 [TOKYO] Japanese buyers taking a close look at a new Opel Vectra sedan at a Tokyo press preview on Tuesday. Japanese car dealer Yanase said it launched the completely remodelled right-hand-drive Adam Opel mid-class sedan in Japan. The Vectra goes on sale on April 6
        REUTER  -  80 words
      • 319 50 Used car certification programme gets good response Reuter [DETROIT] Sales of used Jaguars are expected to soar fourfold in the US this year to 20,000 units as buyers respond favourably to a used car certification programme, a top company
        Reuter  -  319 words
      • 186 50 AFP {NEW DELHI] India's Hero Motors has tied up with German car maker Bayerische Motoren Werke (BMW) AG to manufacture passenger cars, a newspaper reported yesterday. The Business Standard, quoting sources in the Indian company, said BMW would have a 51 per cent
        AFP  -  186 words
      • 185 50 Bloomberg Business News (WARREN, Michigan] General Motors Corp said it expected to operate all of its 29 North American assembly plants yesterday for the first time in nearly three weeks. The world's largest car maker said it reopened six car and truck factories on
        Bloomberg Business News  -  185 words
      • 252 50 IT sia preparing report based on proposals, says paper AFP [KUALA LUMPURJ Italian conglomerate Fiat SpA and Japan's Hitachi Ltd have forwarded proposals to help build a proposed pan-Asian electric railway that could some day be linked to Europe, a newspaper reported here
        AFP  -  252 words
      • 112 50 Bloomberg Business News [CANBERRA] Australian transport company TNT Ltd has signed an agreement with the government to operate its own trains on the nation's interstate rail network. The first TNT trains are due to run mid-year between Melbourne and Perth. "This is
        Bloomberg Business News  -  112 words
      • LOG Book
        • 83 50 Reuter (NEW YORK] Deutsche Lufthansa AG sakl its 1996 summer freighter schedule includes 35 weekly frequencies to the US, the same number as last summer. With the start of the summer schedule next month, a sixth weekly Boeing 747 frequency is being added for Chicago,
          Reuter  -  83 words
        • 99 50 Bloomberg Business News [TOKYOJ Japanese vehicle exports fell 13.1 percent in February t0325,042, the Japan Automobile Manufacturers Association said on Wednesday. Car exports have faiUm for 14 months. Car makers are moving production to overseas plants because of the strong yen and to
          Bloomberg Business News  -  99 words
        • 76 50 Bloomberg Business News [BANGKOK] Thai Airways International pic signed an agreement with Myanmar-based Air Mandalay Ltd to share some services. Initially, the agreement is limited to K Thai Airways taking reservations on behalf of Air Mandalay, a Joint venture between state-owned Myanmar Airways and
          Bloomberg Business News  -  76 words
        • 93 50 Bloomberg Business News {TOKYO] Nippon Cargo Airlines Co and United Parcel Service of America Inc have started negotiations on forming a wide ranging business tie-up, Nikkei English News reported. The two cargo carriers first explored the plan in February but waited for US and
          Bloomberg Business News  -  93 words
        • 107 50 Bloomberg Business News [HONGKONG] China Eastern Airlines and China Southern Airlines delayed their international share sales indefinitely because China's air regulator, the Civil Aviation Administration erf China (CAAC), wants its own new airline listed without competition, the South China Morning Post reported yesterday, citing
          Bloomberg Business News  -  107 words
      • 133 50 Reuter [AMSTERDAM) Talks aimed at resurrecting the aircraftmaking activities of bankrupt Fokker NV continue, Minister of Economic Affairs Hans Wijers said on Wednesday. In a letter to parliament Mr Wtfers said the Fokker admin- istrators were continuing to explore whether it was possible for the
        Reuter  -  133 words
      • 1383 50 CITY FUCHT ETA FLIGHT ETO AbaMuM GA976 2135 Halm PtC CZ3096 1030 AMaMt S0227 2230 Hanoi YN745 1305 VN744 1405 Aastariaa S0327 0640 S0/DL26 2355 VN74I OIO <***** WO VrTxr 1540 HatYai TG407 2120 TG406 0620 «ta» S0348 2250 -15 l» H WO Hatatakl AY902 1650
        1,383 words
  • Page 31 Advertisements
    • 19 31 Bid to keep flag of the rising son flying Japan's merchant fleet hard hit by high costs. Pagß 2
      19 words
    • 297 31 US side welcomes air cargo accord with Japan No talks yet on passenger services. Book Page o I Singapore College of Insurance MARINE HULL INSURANCE UNDERWRITING CLAIMS SEMINAR V\\ 15 16 April 1996 Course Outline: Marine Hull Risk Assessment, Underwriting of Hull Insurance, Latent Limitation of Liability, Collision Liabilities, Shipowners'
      297 words

  • Page 32 Advertisements
    • 1317 32 I I iHHKKE! I OTHER DtSTINATIONS I I NWTH AMBHKA~] tm&TCAUT6*w*tcoA*tmtn I mm [w| ma mal uIwInI«Im I m I ok I «t I racoon msa Ivor! mi |naMm*|i*io*jMW»«nM*|ri uimijM»uiMaoj«a«nu|w>tM<Mrj«ama> -|fl||ir»* fll '"MW" *fflfT WW Jli > (imw jvim ~W H/u m/m n/M m*ih/mh/m ~n/H m/m m/m p/m g*? I*g|
      1,317 words
    • 204 32 Unos servtcee wpcmrtK) by Members ol t* Regleby of Member* of toe vAfiP// AecredNed Shipping Agents, S«ngapore Freight Forwente* Sfrore National Shipping Assoc Asswartu.*. (I Shipping Times Jurt talk to us... IrisLim 740-2044 Patricia Chew 740-1645 i Jarrod Leong 740-2089 Philip Koh 740-2382 BUFFALO InPl 30/03 RdnVAIWBmWJK 1 MBjO* SJd
      204 words

  • Page 33 Advertisements
    • 1057 33 EXPORT TO: TO: JEDDAH/UK/CONTINENT I Ivissa yoy sw in rou inuM rmm ston im also mooting out go for.- DANUH SIX* 30/03 10/04 10/04 15/04 10/04 GUSGIOW, GRANGEMOUTH ooanmom Sl3O 04/04 13/04 21/04 M/ 04 AMD CflunkwniK UIOWI 1134 05/04 21/04 23/04 20/04 27/04 HtDIIOYPHOMmm 3130 00/04 27/04 25/04 22/04
      1,057 words
    • 1595 33 HANJIN SHIPPING I USA CANADA' PANAMA# Mm mT* I '|w wkToST "m I rrz Imlm m ~S —1« I m I 36/W »/M M/M It/M B/M »/M H/M B/M 27/ M M/M M/M 27/14 27/14 M/tS W/M M/M Mll/Mj M/M I M/M M/M M/M 16/ M M/M 86/ M M/M
      1,595 words
    • 248 33 .'1 EXPOtT 3 Japow 2«Howjltowg -Ik Mania -1 k KaßriMMwg. K—lung Stuping FQM KK/NAHA/SPPAI/CEIU/ICH IBM— WW -*M aa »4t «*jm «h iw iw im MU mi—tlir BIT «LM JUL BH tin im UM. im iSUfflB Wi tMT"—fijr jMt JIM 17*4 \m >*» nM OLMtSBL m BCE ttH BH JLH. ii«
      248 words

  • Page 34 Advertisements
    • 1122 34 J y W I H I B_B I H H J w H M v I |AflrW^hMAMA|^H 1 «ssa wt awtfOK comao am baita ggggw giggt hbabwatbi mtthhm mm uhavb snrnmrawss IMIL _jm m M LK! x JSLXm H2KI2- _JM M M M W lki_ BUM MWH 38/3 1/4 13/4
      1,122 words
    • 1152 34 I NORASIA I I VESSEL VOY ISM ALQLAS SCLVAL HAM Bffi NOT ANT Fa LHA I NMTUITCC II3W MM 2M* 22*4 27M 2M4 27M 2M4 2M4 MM JAM KM NOMABAHMMUM MIV) IMM 3M4 2M4 MAI MM MM MM MM 87/ M I7M MM NOAASiA HONGKONG MlO-3 17M I7M MM IMB
      1,152 words
    • 582 34 JAPAN/HONOKONG/STRAITS REGULAR SERVICE LOADING FOR PORT KLANQ/PENANO ynta m stok pbuoam wa fmi BURN! MTU 3 HJ> 3LO 17f CHUM KUAN 17 »U> MPT II MOW WW IKY 1 SU) BLD WfT BWEBI HME J MPT 31MMI trauma i mpt wm HMBTDIBM 2 IAW 31 BMB MAPR TWBKLEACE 1 MAPR
      582 words

  • Page 35 Advertisements
    • 1045 35 I mm' m STRAITS SHIPPING PTE LTD I 11 Km CklM| Road *11-01 Keppol Towers I■LJB SiiHfoco 0208 Tol: *****88 Fox: *****17 hiw (MflifßA racinc turn simapow /SSSB (A SERVICE OF CHINA NAVIGATION CO) J m no wsjrsrr V HHMMM 30 Ml§l A#f Mwri A KMB IIMMI. pw ««i (HtHMMI
      1,045 words
    • 2290 35 Singapore Agent: rWI 1 C P& Container. Limited i 1« Hoe Chiaag Road, M7-S1 Keppd Towers, Singapore 02*8 First Class Connections WORLDWIDE Tclc RS ***** PNOCSf Fm; 5327/222 7517 tK liUHOcn r— —r VCS«CL VOY PWJ TO H SOU ANT ROT NAM OOT MM IB) VMM. VOY ANT OOT MOT
      2,290 words

  • Page 36 Advertisements
    • 1241 36 MP MM ANW HM THP LMV LHV THP ROM ANW HM PKL MP I S I. RESULT RW-SS7 MA 1M W W Ot W E. GUARO RE-S7S 3/3 S* J/J 7/3 1/3 1/4 1/4 i. ROYAL RW-4H 1/4 W W W W Jl/I E. GROUP RE-84S IB* 13/3 12/3 14/3
      1,241 words
    • 934 36 iaggi VtSSa VOTAd SOP IM AM MM MM IWT Ml I VfSSa VOTAd M AM MM UN SfiP Mann immt tw ivw ivw 14/w uam iiam 11am mcmm o»i«oi mi mi I imomt 03WW 11/ M 7i/04 tt/m tvw nam tsam ?VD4 I UNconcir omwl 30/03 si/5 ovm ovm m/m
      934 words
    • 579 36 gMCHn&D MAMNE AGENCIES (8) PTE LTD TEL: *****33 (12 UNES) FAX: <*****8/*****03 TELBb R8 ***** matflP P UnM) Cfl NO: **********0E fcraa-i -0- iir niMMMiMaMMMIIMMiIMMiifc lIJs 3HIPPMB URSrr J (NafkMHriUanof ElWoptag ACCEPTING FCL AND CONVENTIONAL Voy iTA |lni*i f «or *22 Atayot 43M8 IMM S?!^ Abtwy Wonz 48WB 03/06 H
      579 words

  • Page 37 Advertisements
    • 2050 37 IfipaED DA MKT MUMS IB NAM *14 BAYS NEW YORK 28 BAYS CoswVs7f/PP/Jsfi PTE LTD i/uvuMt r -IA <«m? CmmStJi: *ZM7*s COSTM AGENCIES (M) SDH BHD m r,t L,U mm cowr 4 u tttfftm" 7 mttmmmm ft. m «M M| Ttwrt Cff Mr llTtrUHtt M Fu. tttttti Iriittiilt trc Otet
      2,050 words
    • 429 37 I (j£ FAMOUS CONTAINER LINES I if(s 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 LINES) i P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 illk QLOBELINK FORWARDERS PTE LTD MABRA Ll *****33 18 LINK*) FAX: TLX: ***** ACT ■HJM PKL:
      429 words

  • Page 38 Advertisements
    • 1221 38 VESSEL VOV SIN JUT VESSEL VQV SIN PtN ISRA BHUM ***** ~Ffi In Pt Sun 31/03 BUNOA MAS EXPAT <301 Sun 31A>T~ Tua 02/04 l VtB €L 25 BKK_ OIMU BHUM IMB St~ 3<VO3 Tua 02AM B.MAS DUA 6067 Tua 02AM Thu 04AM RATHABHUM 101W St 30/03 Wad 03AM UWAOIIUM
      1,221 words
    • 918 38 |1 111 H I 111 i I H■ I I kM I M M B B 11 DUXTON HILL, SINGAPORE 0*9395 CR **********0N twmsHimusatvia gg| POKT KIANG PENANG j ww vot m m rasa wr m m J SttUUtt 4?» Myg tVPMW SIISM *014 74/03 SUM 77/ MB mmui mm
      918 words

  • Page 39 Advertisements
    • 672 39 BSA jL 1 M MYANMA wHBt FIVE STAR UNE Wymmm Not Mod Um) w lMdto| for Yoofoo (Rh«*m) msa vot sm ns pa ku NAMAMTSN 72W M PT (MAN 4W N/M MAIATSM AGEMTV KWSIUA SMFPSM AfiWOB U: IE 01-03-*****60 KL TH 02-03-J *****1 PBfc IS 02-04-M***** POO: TH 02-07-*****21/4 BANK
      672 words
    • 841 39 I SSSSSS PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cadi Street, PIL BoikSno, Smgapom *****0. I I B CRNO **********0E I msa vot no sm st» ma am JM I IOUNMtU NttOlS 20/3 M/ 3 M/ 4 12/4 IS/4 M/ 4 M/« I OOQ ACCOKO 00(101 S/4 0/4 17/4 M/
      841 words
    • 884 39 IcR NO: **********0Z I/*" pß3EE&QsliifiE329£S3Q2^^SE£^^S^miH!H^HHlHMim^HHi'' wimn a voy "ST" damctta HAMBURG thamctowT" Rotterdam antherf »3 MLLEDEUBRA LMW OMM IVO4 23AM MM 28/04 27AM 2KM J» MLLE D'ACXALA AI4W 06AM 22AM 3004 01/06 03A» 04/06 06/06 «^4 VLLE DC CARMA CI4W IVO4 29AM 07/06 08/06 KMB 11/06 13/06 WJIE OE SAOfTTA
      884 words


  • Page 41 Advertisements
    • 29 41 To retrieve more schedules, just follow these simple steps... Ste^ 740-6000^^^^^^ P the port Cnter your Step key in the four hone number digit code for calls within Singapore
      29 words


  • Page 43 Advertisements
    • 577 43 TIGER BAY 419N 29-3003 03-0704 12-13)04 I TWER CAPE 420N 01-0204 07-1004 15-1004 I TWEfUAPE 420N 01-0204 07-1004 15-1004 I TIGEFUBLANO 421N 06-0004 10-14/04 19-2004 I TIGER BRIDGE 422N *****4 14-17/04 22-2304 I TWER BAY 423N 12-13,04 17-21/04 2027/04 I I VESSEL VOY SIN CAL SIN I TWER RIVER 236CN8
      577 words
    • 784 43 Sea EE Land I I DIRECT CALL TO I NAHA L ==ii jiy!!2i3^r^^^^J i, M< w i»f i n—mHii wt 1 k lii ai >rc B5 m w mi sm fig- a? -iTST" mm jB"IR"WW"PrWWW"BrTiIWr UMOIMMJ INJ U/M 11/ M aiUMI MS V/* M/M »/M M/M M/M M/M 11/ M
      784 words
    • 861 43 db j Wedlloyd 10EUROPE (VERY I T Nedlloyd Lines mmum/nmu/mma SINQAPORE PHONE (GENERAL) 221 MM RATE B4QUMEB SIOMI/MMW CFB (PHONE) *****10 CFB (FAX) *****23 DANUBE /3126 30/03 1 5 04 16/04 20/04 21/04 10/04 OOCL FREEDOM /5130 03/04 25/04 23/04 24/04 21/04 LA LOIRE /1136 05/04 21/04 22/04 23/04 NU
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  • Page 44 Advertisements
    • 1172 44 V mm AS AGENTS: "K" UWI (MHOAffOWQ PTO LTD (CH IP: tt*TWMIT TEL *****77 TELEX MkVAKI R*****5 FAX; *****1&7/8/9 I V T Vjl MALAYSIA: If UNI MAMTMI (MALAYSIA) SON BHD TV m m TEL SA *****00 PK *****75 PEN *****20 J6 *****01 PGU *****256 ™NOONESIA: P.T. SARANA LAUT MTKRNUSA, TEL
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    • 190 44 PUL INTERNATIONAL UNE PUL INTERNATIONAL *I*l dim** ■•umlhuaMßteaMth I1»1— IIIW 11 M7Z~ nw I i fun/m a tnntmc s siss/m liitl in I" £U*g|*g I"P |ti/"p¥ y/yTpN |tt?H va iim I i nt 1 aiHHHtI Eg *1 SS Ml. JIMMAMNMVA MBSI H/M MM M/M -J—U mi* i ■MBMMMWMj fa S
      190 words
    • 1008 44 19 BPf& ROAD #01-01 IT PON BUUNNG SMGAfOtf *****1 MH aisrwwsavw ns-i ns ioaMBmnoNFAX s «BMMIM S ZZS4-9M GOMALMX s &1-MB We Cany Your Confidence. mm 270-5-065 EAfiU VOW :JZI-MM |mi 1 no. |m I jkt tttmMtm l«kAitl I »l uu [w |wi I h I*M I 1«i 1 wt
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  • Page 45 Advertisements
    • 815 45 f jMPORT PCL/LCL CONSOLIDATION ITALY/SINGAPORE V Marshalling Forwadlng Services (MFS) via Genoa and Milan 5 J T n»r POKWAMHt in Stiff At Your Service: NICHOLAS/SALHA/MARIA j i BOmiYUKM DID 277-1077/71/^1 i x > SUPER EXPRESS 1! MMr TyJWSWffffJffffiH service to sea IHißlllillllliliHHllill jr lAL SHIPPING AGENCY (S) PTE LTD 1
      815 words
    • 1133 45 vnff gon\rnm mmr w w w m iw \m wa m wb i im i\ m wt m— TO MOM 11M MM VMT 21M lIM ISM 21M uM MO.HOMIOW 21M MM* 2*M OIM OIM OSM 04M ■&.MNUM 31M SMI MM* MM ISM ItM 1104 20M MD.OOMOM 4IM 27M »M )1H
      1,133 words
    • 502 45 flffir ft Hi CHI HIIHH CITY IHP9HT FHCU HC CHI KIHH CITY mm w mr wT WW mo. |vn m hike mm J ran wis CH/w ot/m »/m m m/m ranw mm t7/w »/n m' BHI MM MI4 07/93) t*/W» 11/ M 8M MMM Mil M/M Sl/W BM MMMIWMrm SM
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  • Page 46 Advertisements
    • 637 46 SAMUDERA INDONESIA (S) PTE LTD I —15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 I mamam TEL: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 LJ""*** "jjf 9 Ay* 2: -!!1 3 jess '£A/celu gjgg=gg| 3slgs/WEEK I POBBiL V6V liw PSc ivate. IV6YIMN Isu* V~ KSTST§ABA§ *****9 "WPT 01/04 (MON)
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    • 501 46 TO E. CANADA US ATLANTIC US GULF LOADMO VOY SPORE I P-KELANG* HALIFAX N.YORK NORFOLK NORLEANS SAVANNAH TAMPICO HOUSTON HOCOH CAJRN 0134 MPT I 07 MAY >0 MAY 13 MAY 30 MAY 16 MAY 24MAY 27 MAY HOCQHOUKE 0834 19/20 APR I 14APR 27MAY 30MAY 31 MAY OiJUN 06JUN 13JUN
      501 words
    • 282 46 TpQ PHIU OnitNT Y** LINtS PT€ LTD ®TEL: *****00 (16 LINES) RAX: *****76/*****38 &WS CR COOK 10M*****00H Ttxßf R. WMW 03-*****96 SYDNEY, MELBOURNE, BRHBANE, 31 MAM I AUCKLAND, WELLINGTON, LYTTLETON, 30 MAM I NAPCR, CMRBTCMURCH, NEW PLYMOUTH J I LONDON, FELIXSTOWE, LE HAVRE,OI Af*f I ROTTERDAM, HAMBURG, ANTWERP I AND
      282 words

  • Page 47 Advertisements
    • 562 47 JL Singapore Soviet Shipping jffit Co. Pte. Ltd. CR NO: **********0N R k 4 m j ill]|'| ifiyiyjjj 3 BOMBAY/COCHIN j VESSEL VOV SIN BOM COC 'TRAM FAST TFBIM SlAtt 00AM > XOURINA 804 02AM 10AM VANESSA 00N 03AM 11AM J KOTACHAMAYA CAHIS3 08AM 18AM MMUmyiCHMKiaWCE JVEOOEI VOV SfOfil K.VCHEVBK
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    • 388 47 MM SIM FAR EAST 02/04 KEELUNG/KAOHSIUNG 31/03 BANGKOK 31/03 MANILA/CEBU 31/03 JAKARTA/BELAWAN/SURABAYA 31/03 PORT KELANG/PENAN6/E. MALAYSIA 31/03 BUSAN 31/03 TOKYO/YOKO/KOBE/NGO/OSA 31/03 HONG KONG SIM CHINA 31/03 GUANGZHOU/HUANG PU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/OINGDAO/HAJKOU also accepting LCL cargo SIM EUROPE/UK 31/03 LDN/FLX/LVP/SOU 01/04 RDM/HAM/ANT/LEH/GOA/OSI7GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIM USA/CANADA 01/04
      388 words
    • 582 47 I STAR SHIPPING AGENCIES (S) PTE LTD Aomntmt ZIM CONTAINER SERVICE GOLD STAR UM LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6646 (S LINES) FAX: *****70 ******112 (MARKING) «R NO. **********0-E) N. AMBKA/OUHNEAN SBtVKI mm Ivor I Immmm IMi Ire m im m ZMVMZIA lIK 17/ M LMttH IS M/M 11/ M
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    • 1049 47 (OINO.IUOV74OO0M) yV: i TH. 103) 2632®3, jy I aOOnNM MOIUNI ID) US. CANMM. UK/EUK3K. AUSTIAUA. [Mc 'Tte'. •A I K.L |03| *****33. I MnSUN. HONGKONG. WWAN iAMN V iK/ \#S.* (03) 3619M7. JvOk I 1«» IMMTITIM '•TrMnraA*. I NWUMUNK TBj 1-MO-S7MIOO iMnr (07) *****42/V4. I as t«j 17M17 (worr/worr lp«fc-|OS|SO4OSi,
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    • 88 47 TOKYO SHINEI KAIUN CO m LTD nl!n 10 ANBOM ROAD #23-16 lliiH MTBMCnONAL PLAZA VPOfIE 0207 TEL: *****25 (6 UNES) FAX: *****06 A *****10 C/W; *****X***** 4 SERVICE TO: FAR EAST/CHINA/EUROPE 31/03/96) TOKYO, YOKOHAMA, KOBE NAOOYA 31/03/96) OSAKA, USA 31/03/96) HONGKONG AND ALL CHMA PORTS f 29/03/96) HAMBURG, ROTTERDAM SOUTHAMPTON
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  • Page 48 Advertisements
    • 715 48 3 yZ\ r Ad 6INO IXPRISS SHIPPING (PTI) LTD. M I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. v M TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKG/SHAI STORE HKQ SHAI V—" VOY ETA ETD ETA ETP ETA ETP JINFU flfloi/98Q2 22/03 *****
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    • 549 48 kii MN CONTAINER LINES, INC I Agents: MACHELS SPORC: *****22 (24 LINES) kuchmo: <»)««» l-IWV- J CWtMOHMWTMMOa 800: (034) 31 tl TV MAMUL <N>) tl ***** VJV WEHANQ: (04) *****0 BANGKOK: (MO) *****67 SURABAYA; (31) *****0 EIOELANQ: (03) *****77 JKft (II) *****07 MDNs (31) 6*4323 BMiWa:<M»46MM6 20TH ANNIVERSARY OFFER:-(Lowest-Lowest Rates)
      549 words
    • 211 48 ATTRACTIVE FCL/LCL RATES TCB Indian Sub-Continent Ports MADRAS/BOMBAY/ CALCUTTA I COLOMBO fr. CHITTAGONG/ NHAVA SHEVA [f. s. y2BB WENDER CONTAINER UNjfi; ENQUIRIES BOOKINGS PLS CALL TEL: 224 6744 »tT Astro Shipping Pt< Lid WEEKLY CONSOLIDATION SERVICE s I. >L. It- ww Mp>|i mm mmmmm QiKiMMMp^pS. TH 2?0-M451H UMB) BUI: WHOM
      211 words

  • Page 49 Miscellaneous
    • 117 49 m IJMMP: R Thundantorm Tamparotura c X\ Shower Waothor Wind dtoction wilh ipaad in knota ••Rom \J Cloudy Sky Wov Swfoc* wiadt or* indicotad by arrow* wfedi fly witfc Htt wind (y Or*. Ml cird# rapratanta catm or fight and vonabia windt J— On* half ftecha rapratanta 5 knota I—•■
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