The Business Times, 25 March 1997

Microfilm: NL20864
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 02vV12/96 Internet- http://www.asial.oom.sg/biztimes SINGAPORE TUESDAY, MARCH 25,1997 85«
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  • Article
    MARKET SUMMARY
    9 1 I II!■ I I I I I
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  • Article
    FINANCE
    26 1 ■HE, -svv-, ljgZIiS .1 <Mi ffV MM IM 1S» r IMt MM niffAH w. ue—«• MNttQNQ —111 if fmimiJUt fttMPfiin..." ...i ME (Source: NatWest Bank)
    26 words
  • Article, Illustration
    Inchcape seeks to list marketing services division
    485 1  -  It will split its two core businesses off marketing services and motor distribution Byi Christopher Tan [SINGAPORE] Inchcape Bhd is seeking a separate listing for its marketing services division, a move it said was aimed at sharpening management focus and enhancing growth prospects.
    485 words
  • Article, Illustration
    Lock icon Sing dollar gets boost from Singapore-Brunei denial
    447 1  -  DrHn'B inflation comment over weekend also helps strengthen currency By Larry Wee [SINGAPORE] The Singapore dollar yesterday enjoyed its largest one-day rise in a year against the US currency on news that Brunei will not sever its one-for-one currency agreement with Singapore, as
    Source: Bloomberg  -  447 words
  • Article, Illustration
    Douglas Ooi to step down as Kim Eng MD
    324 1  -  Brother Ronald says family making way for From Eddie Toh in Kuala Lumpur DOUGLAS Ooi Thean Seng will soon step down as the managing director of broking house Kim Eng Securities. Younger brother Ronald Ooi Thean Yat, who is managing director
    324 words
  • Article, Illustration
    Lock icon Cruisng in imperial splendour
    79 1 ii [SINGAPORE] This is a cruise ship whose material comforts the 15th century Chinese Admiral Cheng Ho must have approved. Run by Watertours Pte Ltd, the Cheng Ho is a replica of an imperial ship, 60 cf which sailed under the admiral when he visited this
    ERIC CHU  -  79 words
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      63 1 sbbs II Singapore to the government test month couM fetch COftn, say ShdtoSl^^aays LwßftnShih, P|4 Market likely to acoord a higher value to die parts than to the whole. Baft* KB, this pg. Entry acanoutsiae laiimliMiiil Ulinlj in In IJBiyt|OwuV«3^t| j. v JTSS •wefled by an exceptional jailftqpfcaa MM, pg
      63 words
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      Page 1 Advertisements Column 2
      38 1 Inchcape profit down 17% to 148.5 million, Pg 18 Corporate loom: Micropolis' slow but steady turnaround, Pg 23 Full year earnings NET dm) CHO tochoap* $48.5 117.0 rmmtWh WW #67.9 Interim earnings NBTCIm) CHANGS roc 192.7 #62.0 ■oramimv«s
      38 words
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      Page 1 Advertisements Column 3
      88 1 f y* jam XJ The Mauboussin Jewellery Chronograph watch 18K white gold with crocodile srrap «> MAUBOUSSIN j since tfi 2 7 EXCLUSIVELY AVAILABLE AT: ROY EASTERN WATCH »01-86/88 #01-74 Lucky Plaza 304 Orchard Road Singapore *****3. Tel. <65)734 3139 (65) 734 1 935 DELUXE EASTERN WATCH #01-18/20 Centrepomt 176
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  • SINGAPORE AT HOME & ABROAD
    • Article
      New York Institute of Finance opens int'l HQ here
      369 2 THE New York Institute of Finance (NYIF), which teaches 10,000 financial professionals from 155 countries a year, yesterday launched its international headquarters in Singapore as its main office outside the US. The Singapore office aims to provide world-class financial training in
      369 words
    • Article
      Five stat bodies return 320 ha to Land Office
      397 2  -  Govt yet to finalise use of sites which include some in prime residential areas Reportsby, Diana Oon ABOUT 320 ha of land from Ave statutory bodies have been returned to the government over the last 11 months in the latest phase
      397 words
    • Article, Illustration
      Lock icon Land given back by NUS may fetch $200m
      530 2 Consntauits say sale of these prime sites likely to be spread eat THE 8.5 ha of land returned by the National University of Singapore to the government last month could have a market value exceeding $200 million if put to residential use,
      ARTHUR LEE  -  530 words
    • Article, Illustration
      Lock icon Slower growth in Jan IDD calls
      263 2  -  EYE 0* THE ECONOMY Industry By] Lee Kee Yeng LATEST figures from Singapore Telecom show that 17.85 million outgoing international calls were made in January, about 10 per cent more compared with a year ago. The January growth rate is below the 13.2 per
      Source: S'pore Telecom  -  263 words
    • Article
      Lock icon Why Tang's defences struck out: Justice Goh
      683 2 He had disregarded court orders to declare his assets The Straits Times OPPOSITION politician Tang Liang Hong's defences in 12 lawsuits had been struck out because he had disregarded court orders to declare his assets to the PAP leaders suing him for defaming
      The Straits Times  -  683 words
    • Article, Illustration
      PM Goh paves way for more S'pore investments in Laos
      770 5  -  PM GOB IM LAOS Businessmen welcome investment protection pact between the two countries By Yang Razali Kassim [VIENTIANE] Without fanfare, Singapore company Abacus Corporation won two Asian Development Bank tenders in 1994 and 1995 to supply pipeline materials to Laos,
      770 words
    • Article
      UK firms get centre to help them set up business in S'pore
      249 5 Centre to provide chfflpw frurilitiffl and avenues for tie-ups BRITISH firms will find it easier to do business here with help from the British High Commission and the Singa-pore-British Business CounciL The High Commission's new business centre will
      249 words
    • Article
      $650,000 condo top prize of Sinda donation draw
      239 5 THE Singapore Indian Development Association (Sinda) will launch a donation draw next Wednesday which has as its top prize a Regent Heights condominium worth $650,000. Sinda bought the 1,083 sq ft apartment in Bukit Batok from the developer, Far East Organization, for
      239 words
    • Article
      Howard arrives in S'pore for official visit tomorrow
      461 5  -  His tour aims to strengthen economic, political cooperation By Walton Morais AUSTRALIAN Prime Minister John Howard arrives for a three-day official visit late tomorrow to strengthen bilateral cooperation on both the economic and political fronts. The second Australian premier to visit Singapore
      461 words
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      126 2 Ootf Cow— r Khaoyai Your Guide To 6oM Tow* Voyage Panorama 4-Day Northeast Thailand Hofle Saraburi Khaoyai Korat Chaophya Park Royal Princess J' ,twin sharm 9> Non-GoHer SS6OB (twin sharing) Single Supplement Departure Pat—* March April 15,29 May 6,20 GOLF in a National Park! Forest! And Countryside! |inw air new
      126 words
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      Page 2 Advertisements Column 2
      91 2 Cli-i* Ktslauranl In iZ i Seafood Lunch $48.00++ For 4 Persons W'Xinm Soup of Today Braised Aba]one with Dried Mushrooms and Vegetables Steamed Whole Pomfiret with Bean Curd and Black Bean Paste Fried Noodles with Bean Sprouts and Soya Sauce feo* Choose any 2 Special Lunch Dishes Budget your Holiday
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      Page 2 Advertisements Column 3
      133 2 CHRISTIE'S ART IMPRESSIONIST AND MODERN PAINTINGS, DRAWINGS AND SCULPTURE (PART I) Auction: New York, May 14,1997 at Christie's Admission to the sale is by ticket only. I' Reservations: 212 *****27 H M Viewing: Singapore, March 27-29 at jjiHMB the Hyatt Regency Hi New York, May 9-14 (Also on view is
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      273 3 Centennial i w i ii llfHKHßl^n Bold, Distinctive and Inspiring is how some would the spectacular works of Roy Lichtenstein, Frank Stella, Attention to detail ensures a quality finish unique in describe the art of Roy Lichtenstein. Yet these are attributes James Rosenquist Dale Chihuly specially commissioned jJJ JJJ J
      273 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      S'pore group to invest in A$150m resort
      292 4  -  Ny Lee Kee Yeng [SINGAPORE] T C Koh, managing director and substantial shareholder of mainboardlisted Koh Brothers, is leading a consortium of businessmen from Singapore and Indonesia to invest in a Aslso million (Ssl7o million) resort near Perth in West Australia. The other
      292 words
    • Article, Illustration
      Internet could spell end for housing agents
      706 4  -  THE PROPERTY COLUMN Most transactions may one day be conducted In cyberspace Lee Han Shih IN five years or less, 25,000 people in one of the most lucrative businesses in Singapore could be out of a job. They are housing agents, and their
      706 words
    • Article, Illustration
      Tan Quee Lan St project set for Thursday launch
      319 4 [SINGAPORE] A property project that suits residential buyers who like their dining out centres close at hand will be launched on Thursday. The project. Heritage Place, not only contains 21 residential apartments but also a food court, two cafes and offices.
      319 words
    • Article, Illustration
      Lock icon Thai market sick, not terminal
      744 4 A rosy future awaits those developers able to weather the present storm Reuter (BANGKOK) Conditions in the sickly Thai property sector will worsen further but prospects of falling prices and steady demand mean the market's long term prognosis is far from terminal, analysts say. "Markets
      Reuter  -  744 words
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      438 4 9H For Sale By Tender New Building Along Bukit Timah Road Shop-Oftke-Apartment [JUL Mill Shop space: m "KM 00 Sq a PP rOX gg if J 2-betlroom apt: of 1,100 sq ft o Tender Closing: 16 April 1997 at 3 pm j PRIME SHOWROOM/FACTORY/OFFICE SPACE LOCATED IN BUKIT MERAH vrmimu
      438 words
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      134 5 e Ja f ltavelle 1 Free Jaz cartridge External Jaz Jaz Jet Free Carrying case 2 Jaz cartridges with coupon below Ik. i £t£*3H™ toimM H I I Andnowtor pkfcuptwo iocmtfhto Jez pedcegw. The twtawrttli^^ I I The* two great kits ere only available until the 31 Marthl»7. LlhhL mmmmmmmmmmrnmrnm
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      8 5 U-turns won't endear Howard to Asia, Pg 13
      8 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Indonesia going for US$500m standby loan
      127 6 JAKARTA Reuter INDONESIA'S Central Bank governor Soedradjad Djiwandono said yesterday the country will sign a US$5OO million (Ss7ls million) standby loan agreement today with a syndicate of 40 foreign banks to strengthen foreign exchange reserves. Indonesia will have a total of US$2 billion in
      Reuter  -  127 words
    • Article
      Busang geologist's body found; suicide suspected
      519 6  -  JAKARTA Mining analysts question report which claims size of deposit is smaller than estimated By\ S N Vasuki INDONESIAN authorities have found the body of Filipino geologist Michael De Guzman after an exhaustive fiveday search in the remote province of East Kalimantan. Mr De
      519 words
    • Article
      Lock icon M'sia may be near deal to acquire 39% stake in Fokker
      329 6 KUALA LUMPUR Bernama MALAYSIA may be close to sealing a deal to acquire a substantial portion of the debtridden Dutch aircraft manufacturer, NV Fokker, it was announced here yesterday. Henri ten Haveith, president and chief executive officer of Europe
      Bernama  -  329 words
    • Article, Illustration
      Lock icon Taking a leap for tourism
      57 6 [BANGKOK] A frog-shaped kitefrom the Netherlands flying near the Grand Palace in Bangkok last Saturday during the sth Thailand International Kite Festival 1997. The two-day event has drawn some 120 participants from 26 countries and was organised by the Tourism Authority of Thailand, Bangkok Metropolitan
      REUTER  -  57 words
    • Article
      Review insider trading cases, Manila bourse told
      341 6  -  MANILA Exchange npset over SEC move; watchdog wants it to justify dismissal of cases By, Al Labita THE PhUippines Stock Exchange (PSE) yesterday expressed shock over a government move to pursue the insider trading cases the bourse had earlier quashed for lack of
      341 words
    • Article
      Lock icon Financial problems may delay Jakarta subway project: report
      261 6 JAKARTA Govt wants to keep fores low; investors worry about re tarns Reuter [JAKARTA] Construction of a US$2.2 billion (513.16 billion) underground rail system in Indonesia's capital of Jakarta, scheduled to start in June, may be delayed because of financial problems, Kompas
      Reuter  -  261 words
    • Article
      Lock icon No foreign partners for Viet refinery
      262 6 HO CHI MINH CITY Reuter VIETNAM will press ahead with construction of its first oil refinery without foreign partners, a senior official of the state oil and gas firm Petrovietnam said yesterday. "Our government has decided to authorise Petrovietnam to build the refinery," Vu
      Reuter  -  262 words
    • NOTE Book
      • Article
        Lock icon Viet graft scandal:15 appeal
        82 7 AFP to death in Vietnam's blggeet corruption scandal began their appeal yesterday in Ho Chi Minh City, acourt official said. Fifteen people, lnehidlnttbe four condemned to death, began their aw>eal til theTamexco trti»L Pham Hoy Phuoc, the former head of Tamexco, a trading company, was sentenced
        AFP  -  82 words
      • Article
        Lock icon Asean move on developed area status
        68 7 Bernama (MANILAI Aaaan economic mlnlaters will proposeto Aaean heada of atatea that U>e region be turned Intoa developed area before the year 2020, an official said yestartay Trade and Industry Secretary Cesar Bautista told ra*orters the proposal was agreed upon during the informal meeting
        Bernama  -  68 words
      • Article
        Lock icon Militant menks hold in Yangen
        77 7 AFP [YANGON] Myanmar authorities rounded up 100 militant monks whowere stoning a:mosque frequented by lokmesiansmbaasy staff in western Yangon, hauling^ diem away In army trucks, witneaaon mid yesterday. It was the first time since ths unrest aorfeced In the capital that monks had been taken
        AFP  -  77 words
    • Article
      Lock icon Oil rig row: Viets call for talcs with China
      191 7 HANOI Bloomberg VIETNAM has called for talks with the Chinese government to resolve a dispute over petroleum drilling rights in the South China Sea. Last week, Vietnam said that a Chinese oil rig had moved into an area it claims, 112
      Bloomberg  -  191 words
    • Article
      Lock icon Worst is over in Thai financial crisis: Amnuay
      480 7 BANGKOK Finance minister confident of renewed economic growth; sees GDP growing by 6-8% this year Reuter, AFP, Bloomberg THAI Finance Minister Amnuay V Ira van yesterday said the worst was over in Thailand's financial crisis and he was confident of renewed economic
      Reuter,; AFP,; Bloomberg  -  480 words
    • Article
      Lock icon Ranariddh warns info ministry: I will send tanks
      242 7 PHNOM PENH He wants dept to ensnre equal airtime for political parties AFP CAMBODIA'S First Prime Minister Prince Norodom Ranariddh yesterday threatened to send tanks to surround the Ministry of Information if the department does not ensure equal airtime for political parties
      AFP  -  242 words
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      799 6 LION ASIAPAC LIMITED (Incorporated in the Republic of Singapore) UNAUDITED RESULTS FOR THE HALF YEAR ENDED 31 DECEMBER 1996 The directors wish to announce the following unaudited results for the half year ended 31 December 1996. ™E GROUP THE COMPANY 31.12.96 31.12.96 jSSSBfI 31.12.96 31.1196 (Decrease) ss*ooo ss*ooo svooo ss*ooo
      799 words
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      137 7 <& Christofle Paris knife rest Museum edition Ssl49 per pair with GST Pavilion Christofle The Shopping Gallery, <02-11/12 Hilton International Singapore, 581 Orchard Road, Singapore *****3. Tel 733 7257. Espace Christofle: lobiasoas 176 Orchard Road, Level 4, Centrepoint, Singapore *****3. Itetaa Scotts Level 4,350 Orchard Road, Shaw House, Singapore *****8.
      137 words
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      178 7 GOOD Audi 1 I Allow us to make you an indecent proposal. JHL .SliiHi Jm. JMu— "*f LIB jtj The Audi A 6 2.6 Pro-Line offers many temptations programme that covers all service and maintenance repairs. the sheer luxury of the leather and walnut interior, the But all these things
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      370 8 ya\ n B £1 !>/ A£# MSk j^BSr^afl > f T ■|ailHUM|fl||W :Js^MgpM^Mm^M: HP' 'J^HP^r Sf> i JWWMHTO: :r^,y y IP .-^tafew k hw l"'h mW,* -ftiggw 1 U>Vi§e l vf •V». J«(fl--» tV -y H 'iff r V K > --> kcL» iWr i >: JH Water represents different
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon Taiwan stocks plunge on news of military exercises
      482 9 TAIPEI CUmm threat follows Dalai Lama visit; tresps start slanghter rf infected pigs Bloomberg, Reuter TAIWAN stocks took their biggest dive in 10 months following newspaper reports that China plans new military exercises near Taiwan next month. The military threat comes just
      Bloomberg,; Reuter; Source: Bloomberg; AFP  -  482 words
    • Article
      HK to review broadcasting policies: official
      426 9  -  mHONGKONG Mm to counter stiff competition in region for investments By Loh Hui Yin HONGKONG is to review its policies on regional broadcasters to ensure it remains competitive, said a senior official yesterday. v "Hongkong faces stiff competition from Singapore and Other locations for
      426 words
    • SINO Briefs
      • Article
        Lock icon M'sia for higher foreign stake in telecoms
        61 9 AFP (TAIPEI] Taiwan plans to raise the maximum foreign M aula In 111 laimmniiiiiinh ■tlnni rnmpnnlfm to ono third f from the current 20 per cent, the Commercial Tims said yesterday. The plan, which would apply to firms operating »lislssa tslacoim wrviroo Including
        AFP  -  61 words
      • Article
        Lock icon China in large-enterprise plan
        52 9 Reuter J IBII4ING] China light industry authorities plan to set up 1110 large enterprises with snnnal sales ofmore than 2 fc bflhon yuan (B$M7 million) in 19W-2000, officials and state media»ald yesterday. The government would fund profitable state companies to look into mergers and acquisitions involving
        Reuter  -  52 words
      • Article
        Lock icon Shenzen bank officer on graft charges
        69 9 AFP t (BEIJING] A Shenzhen bank official has been charged with involvement in fQegftl profit-making businesses using more than 2 billion yuan (***** million) of his bank's ftmds, the official China Daily reported yesterday. Wang JunfSng, deputy ehief of the city's Shekou branch of
        AFP  -  69 words
      • Article
        Lock icon HK schools to teach in Chinese
        49 9 AFP 2 (HONGKONG] Hongkong is to start teaching in Chinese ty Jastoad of English next year, the education department said yesterday. The education board Is considering a proposal for public secondary schools to gradually adopt Chinees unless they have approval to use English.—AFP
        AFP  -  49 words
    • Article
      Lock icon Taiwan seeks China recognition in its dealings with HK
      252 9 HONGKONG AFP TAIWAN is seeking official recognition from China in its dealings with Hongkong after July's handover, a Taiwanese official was quoted as saying yesterday. David Chang Hsi-che told the Hongkong Standard newspaper that the island wanted to create a government
      AFP  -  252 words
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      584 9 The par 3, 15th hole at Sebana Now only minutes from Tanah Merah! |gS;K pllw by Why Singapore golfers are choosing Sebana: |g|j|j||||jj||j "I was impressed by the maintenance undulating, dog legs Top rated «>urse, only from Tanah Merah and blind greens. Unbelievable value at just $28,000 ThayVe aiming for
      584 words
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  • ASIA
    • Article
      Japan govt plans to allow securitisation of land
      513 10  -  TOKYO Hove may be mure effective than other IjfBTM in helping banks solve problems By. Anthony Rowley JAPANESE government officials said yesterday they are planning to allow land held by banks and other financial institutions as loan collateral to be securitised and
      513 words
    • Article
      Lock icon BOJ raises key overnight lending rate
      152 10 TOKYO Bloomberg THE Bank of Japan yesterday allowed a key lending rate to rise to its highest level in 18 months, a day before US Federal Reserve policymakers meet to decide whether to raise interest rates. The central bank injected about half as much
      Bloomberg  -  152 words
    • Article, Illustration
      Lock icon Gov-gen urges PNG PM to quit; 4 ministers resign
      373 10 PORT MORESBY AFP, Reuter PRESSURE on Prime Minister Julius Chan to resign mounted yesterday following the resignations of four ministers and a call by Governor-Gener-al Wiwa Korowi for him to "step aside" pending the outcome of an inquiry into the decision
      AFP,; Reuter; AFP  -  373 words
    • Article
      Lock icon S Korea extends US$1b bailout scheme to banks
      290 10 SEOUL LtollS tO MUM fITGK shortages, improve their credit standing AFP SOUTH Korea's central bank said yesterday it would extend US$l billion (551.45 billion) in emergency loans to bail out local banks suffering from dire foreign exchange shortages after two major bankruptcies
      AFP  -  290 words
    • Article
      Lock icon Howard announces boost for small business
      141 10 CANBERRA Reuter AUSTRALIAN Prime Minister John Howard yesterday announced a batch of new policies to assist small business, including a one-year exemption from unfair dismissal rules for new employees. The policy statement, More Time for Business, was particularly aimed at reducing administrative costs by
      Reuter  -  141 words
    • ASIA Notes
      • Article
        Lock icon Recruit scandal: ex-minister found guilty
        93 10 AFP [TOKYO] A Japanese court yesterday reversed a lower court ruling and convicted a former state minister of taking bribes In the Recruit stocks-for-Cavours scandal, sentencing him to a three-year suspended jail term. The Tokyo High Court also ordered former chief cabinet secretary TakaoFujinami, 64,
        AFP  -  93 words
      • Article
        Lock icon Aussie Senate kills euthanasia law
        84 10 AFP [CANBERRA] Australia's Senate yesterday killed off the world's first law sanctioning euthanasia, voting through a bill overriding it by 38 votes to 33. The conscience vote in the Senate came at the third and final reading of a private i member's bill designed to
        AFP  -  84 words
      • Article
        Lock icon Probe into Seoul scandal broadens
        83 10 AFP [SEOUL] Prosecutors yesterday widened a probe into a loans-for-kickbacks scandal as opposition parties called for the removal of government officials allegedly put in place 4 by the son of President Kim Young Sam in the presidential office and other government posts. The scandal took
        AFP  -  83 words
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      202 10 Do You Know Which Button To Push In Kuala Lumpur? wa (<i\ x^V xv{)>v Kf jMj'ir \^>\ K x vO\ -1 P^^HV is Bpf* B V PASSAGES E yer stayed in a hotel and been renovated Pan Pacific Kuala Lumpur, relaxing in our resort CAT*A? PACIHC AIIWAtt MALAYSIA AMINES SMGAFOCi
      202 words
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  • THE WORLD
    • Article
      Lock icon BOE to keep closer eye on higher risk banks
      367 11 LONDON Qpntral bank plans new regulatory framework for banking industry Reuter TJIE Bank of England (BOE) yesterday proposed a new regulatory framework for the Btltish banking industry wbich will take more account of individual risk situations and the controls present at
      Reuter  -  367 words
    • Article, Illustration
      Lock icon A fishy attraction
      39 11 [LONDON] A workman at London's newest tourist attraction, the London Aquarium, taking a tea break yesterday. The Aquarium is due to open at the end of March in the basement of the Old County Hall. AFP
      AFP  -  39 words
    • Article
      Lock icon Gore in Beijing calls for lasting peace
      141 11 BEIJING AFP US Vice-President A 1 Gore, who arrived in Beijing yesterday for a five-day visit, said he had come to China "to continue building a lasting peace" between the two countries. "I have travelled here to reaffirm the vital importance of relations
      AFP  -  141 words
    • Article, Illustration
      Andersen Consulting heading for a major restructuring
      338 11  -  SINGAPORE The leader in change management to nn veil changes by mid-year By' Tan Su Yen ANDERSEN Consulting a worldwide industry leader in change management or the business of overhauling businesses to make them more profitable is itself gearing up for a major
      338 words
    • Article
      Lock icon Clinton offers Republicans deal on tax cuts to get balanced budget
      402 11 WASHINGTON President responding positively to Gingrich's suggestion Reuter PRESIDENT Bill Clinton would be willing to delay action on his proposed tax cuts if the Republicans in Congress do the same as part of an accord on balancing the federal
      Reuter  -  402 words
    • Article
      Lock icon Tory support from business hits new low
      213 11 LONDON Reuter PRIME Minister John Major suffered another election campaign blow yesterday with two new polls showing his support ebbing among Britain's business community. With its well-being closely tied to the success of the economy, business has traditionally shunned the opposition Labour Party,
      Reuter  -  213 words
    • Article
      Lock icon BAT denies setting up US$3b fund for claims
      261 11 LONDON Bloomberg BAT Industries pic denied a press report that said it is seeking to establish a US$3 billion (554.3 billion) fund with other tobacco manufacturers, both to fight and pay settlements for legal claims. BAT's US unit Brown and Williamson was
      Bloomberg  -  261 words
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      458 11 University of Western Sydney Nepean, Australia DOCTOR OF BUSINESS ADMMISIRfIION (DBA) By Coursework Research Singapore Ist Intake April 97 |^BH ag|| Programme Innovations Duration 2 2 years 100% in Singapore Assessed by coursework, 4 publishable papers and a research project Specially nfl designed for business leaders, senior executives, university/ polytechnic
      458 words
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      295 12 Mm I 4 3 5/, 24» V# engine *2QO pa 'Programmed fuel injection 'Automatic climate control 'Dual SRS arrbags *ABS brakes '4-wheJ independent suspension *Immobiliser system *Electnc sunroof THE LEG EN DBYII ON DA. Possibly the smartest luxury car purchase air-conditioning technology in ike world are only some of the
      295 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Policy U-turns won't endear Howard to Asia
      791 13  -  TBB BOTTOM LDVE OPINION By Tye Kim Khiat The writer is BT's deputy foreign news editor THE peregrinations of Australian Prime Minister John Howard send an unequivocal message to the region and beyond that Asia is still very much at the heart of
      791 words
    • Article
      IN OTHER WORDS
      138 13 4 I have always viewed trade as being like sex it's the difference between partners that makes it interesting.' -Larry Greenwood of the US embassy in Tokyo, on why the US accepts Japan's different economy. 'When the story of Bre-X is written, you won't know what part
      138 words
    • Article
      No quick fix for Japan's ills
      661 13 EDITORIAL ECONOMIC deregulation is fast becoming an article of absolute faith among Japan's intelligentsia with rarely, if ever, a voice to be heard questioning the validity of the concept as a panacea for the nation's economic and financial ills. Yet deregulation could end up
      661 words
    • Article, Illustration
      Lock icon Cloud over Gore's trip
      1206 13  -  Anti-China mood in US causes vice-president's visit to Bering to be played down as no big deal By Leon Hadar The writer is BT's Washington correspondent A SENIOR US official who briefed journalists in Washington last week on Vice-President A 1 Gore's visit to China was
      REUTER  -  1,206 words
    • Article
      WHAT THE OTHERS SAY
      726 13 Cue lor Myanmar sanctions THE decision whether to apply sanctions to Burma (Myanmar) for its human rights abuses now rests with US President Bill Clinton. Last July, Congress passed a law calling for a ban on new American investment in that country if its repressive government
      726 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      26 13 POOMESBPRY By Garry Trudeau CFORGerrr.pu&yCTKNOM\ HBRSSMY PLAN, MR. THEY'LL PROTEST 7HAT7HS\ I 7H£ PRJVEZFS 7HAT&«JHY\ W fc^^rrfasLfii TMHIHMS H JS^f\w^S^iy ZLXX™vtnNri- «»™meKveviomed 1 toomochto~J twhwA\tvHOT\ I
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Stage set for Hollywood's big night
      792 14  -  Focus in this year's Academy Awards show will not be on who attended but rather, who missed the ceremony, reports arnvu jambs STEVE JAMES Reuter THE stage has been set, the red carpet down and fans have been camping out since Sunday ready for
      Reuter; AFP; REUTER  -  792 words
    • Article
      Lock icon A date with China's censors
      503 14 FILM Concerns abont artistic freedom hang over the HK film fest AFP [HONGKONG] Hongkong's international film festival, opening today, will catalyse a discreet but fervent debate about the future of the movie business under Chinese rule, now less than 100 days away. The festival's mosaic
      AFP  -  503 words
    • Article, Illustration
      It's not Seinfeld but absurdist play's great fun
      507 14  -  THEATRE REVIEW The Bald Soprano's ebullient cast kept the ainK—rf langtiing By Holly Harrison (SINGAPORE] Despite a few growing pains, like uneven casting and a tendency for props to shoot wildly across the stage, the NUS Theatre Ensemble pulled off a commendable
      507 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      51 14 Where to wine, dine and entertain Only The Sun Rains In Breakfast Buffet $17.00* Peranakan Buffet Lunch $21.00* BBQ Oinner Buffet $28.00* II 10 Coleman Street Singapore *****9 Tel: 33 6 34is Fax: jjs »«n I Manaoeo by Plaza Pacific Hotels Resorts A Hotel Manaoement Subsidiary op Hotel plaia Limited
      51 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      192 15 Where to wine, dine and entertain...... Et tu Huberte? iHA conspiracy w afoot Ute idea of March mound wilt the sound «i f < ci Uadc on spinning grindstone. Bccause on 1 April the Hukertus Gtifl will be mote. So come, join tke conspirator*, co—oh— V»Xi «id ton viveurs (or
      192 words
    • Advertisement
      Page 15 Advertisements Column 2
      100 15 /ufi& lounge CONNOISSEURS RENDEZVOUS A popular rendezvous for connoisseurs of Syphon Brewed Coffee, Tea and pre-dinner cocktails. "Cosy, private and quiet" Just the place to relax, catch up with friends, clinch that all important business deal or simply while away the hours with your favourite "Cuppa". J* APOLLO HOTEL iom
      100 words
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      Page 15 Advertisements Column 3
      163 15 I "Let's Dine At The Pool Terrace Restaurant..." Dining at the Royal Holiday Inn Crowne Plaza takaa on a docldedhr relaxed tone. Any time of the day, all day, everyday... With an enticing breakfast menu, an excellent dinner menu offering seafood and steaks, and an aH-day selection of choice snacka.
      163 words
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      Page 15 Advertisements Column 4
      125 15 >| SINGAPORE BUSINESS j s- .«-< "V'Giving you the winning edge v- Tr? w >. < i i Rang Mahal Lunch Buffet FEAST ON A WIDE SELECTION OF AUTHINTIC NORTH INDIAN CUISINE ACCOMPANIED BY LIVE ENTERTAINMENT! L uftck B u f e t (daily from 12aooa to 2.30 pa) llLtt&i
      125 words
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      Page 15 Advertisements Column 5
      80 15 I ——I The BIGGEST Dian Xin Restaurant 1 At The Neptune on Shenton Way i Pian Xin/Lunch j 11.30am-2.30pm j 7TM FIOOT. OtKSCAS UMON HOUSE. Executive buffet lunch with over 30 dishes from oysters to roasts Features weekly specialities 12 noon to 2:3opm Mon to Sat k Adult $23.00* Child
      80 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      752 15 TV&RAPIO I-?,*■*# Brother (Lastep). 130 Konsert Mesra. 13S Hogan's Heroes. 130 CPR J* Tne Winners. 4.08 All Creatures Great 10.00 Japan Hour. i 100 Money, Money, Money. Small A Dying Breed. ujq TV Innovations. mf i 130 How to Succeed in Busi- bum TV Innovations. L3O AM Close. ness 100
      752 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      144 15 CHUWUi CROSSWORD 22 All 26 The musician's smooth (6) well find attractive (8) VUflUtDArs SOLUTION 27 Laave in boys's head wear (8) 13 Having to cope with the DOWN head's frame of mind (10) iP^E^c^swoyumL^si 1 Elementary transport good 15 Bringing up the rear never- loiFiriElßßaßgßNmFffiLi in Paris (6) theless
      144 words
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  • CYCLE & CARRIAGE GOLF PAGE
    • Article, Illustration
      A show to whet the golfing appetite
      1650 16  -  The recent Golf Asia '97 show featured club membership packages, golf clubs and even golf schools, micklaus D'Cruz picks out some gems NICKLAUS D'CRUZ The writer is editor of The Asian Golf Review. These articles and further information about golfing in Asia are
      1,650 words
    • Article, Illustration
      Index up 1.13 points in Feb
      567 16  -  BT GOLF INDEX First rise since Jane but toe early to say if it's start of rebonnd By' Ven Sreenivasan [SINGAPORE] The seemingly inexorable downward trend in golf club membership prices could be nearing an end, if last month's advertised prices are any indication.
      567 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      62 16 S cAROf /\HHPHl^^^^H^H^HH|l||H|H|||H|llHl||lilH||^^H l Vtheyear/ I WIWWWPIW—WWWBWIIWIHHW^^^M V APAN 11 ■ftiiffIiiBnnSI^^^^^HIHIIIHIHIIIIHHAUIIIIHHIIIIIHIHIiIIIIBHIIIIIIIHI^^^B w// »j^^^^w^T?wC^^BßßWKlMßWMßWHwlwllHßMlHllßHißM^^^^^^^W MITSUBISHI SHOWROOM: 241 Alexandra Road, Singapore 11*911. Tel: 471 W AUTHORISED OEALIRS: Alpine Motors Pte Ltd, Tel: 449 999S Chartered Motor Credit Pte Ltd, Tel: *****11 Fuko Enterprises, Tel: 392 7777 Newton Auto Pte Ltd, Tel: 2SI
      62 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      FCC half-year profit jumps 62% to $92.7m
      516 17  -  Robinson Rd site to have 20-storey building instead of 13-storey office By i Siow Li Sen [SINGAPORE] Developer First Capital Corp (FCC) plans to erect a bigger building on its Robinson Road site, it said yesterday in announcing a hefty 62 per cent
      516 words
    • Article, Illustration
      Lion Asiapac to take 50% stake in China motorcycle maker
      409 17  -  Former Metal Containers posts $4J5m interim loss By Christopher Tan [SINGAPORE] Lion Asiapac, a Singapore-based unit of the Lion Group, will be acquiring a 50 per cent stake in a major motorcycle maker in China for $48.6 million. It expects
      409 words
    • Article
      LC Dev sells Pahang land to YTL
      172 17 [SINGAPORE] LC Development (LC) has agreed to sell YTL Land Sdn Bhd 305,000 shares in Satria Sewira Sdn Bhd held by its wholly-owned subsidiary, LCD Management (M) (LCDM). The deal which will result in an extraordinary loss of about $4.4 million for LC
      172 words
    • Article
      FJ Benjamin's profit fall: Were analysts too bullish on IPO?
      526 17  -  HOCK LOCK SIEW Jenny Lam j FASHION group FJ Benjamin shunned the market last Wednesday with its announcement of a 29.6 per cent fall in interim profit to $3.7 million. Consequently, its share price plunged 20.6 per cent to 90.5
      526 words
    • Article, Illustration
      Lock icon Venture surprises market with 68% profit jump
      503 17  -  But smaller margins, higher debt exposure are worrying signs By Lee Han Shih [SINGAPORE] Electronic subcontractor Venture Manufacturing (S) has again surprised the market with better than expected profits but its accelerated growth and big drop in margins are starting to become worrying.
      Source: Bloomberg  -  503 words
    • Article
      Lock icon Creative offers PC-DVD kit at US$499
      239 17 Bloomberg [MILPITAS, California) Creative Technology, the world's leading provider of multimedia products for personal computers, yesterday became the first to ship a complete DVD solution for the PC with its new Creative PC-DVD kit. Available from yesterday on the shelf the new Creative PC-DVD
      Bloomberg  -  239 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article, Illustration
        Lock icon Inchcape profit falls 17% but worst may be over
        433 18  -  Company manages to recoup much of frst Rolex earnings, gays analyst By* Christopher Tan ({SINGAPORE] "The worst is over," said an analyst yesterday in reaction to motor and marketing group Inchcape Bhd's 1996 performance. The affiliate of UK-based Inchcape pic posted
        Source: Bloomberg  -  433 words
      • Article
        Pentex Schweizer's interim earnings down 45.4%
        206 18  -  FCB maker says electronics slowdown paused lower sales k Annette Pau LOCAL printed circuit board tnaker Pentex Schweizer's half-time earnings were down a hefty 45.4 per cent for the six months ended Dec 31, 1996, way below analysts' expectations. The company yesterday iaid interim
        206 words
      • Article
        IOI to buy almost 33% of Palmco
        305 18  -  fYom. Eddie Toh in Kuala Lumpur LISTED plantation and property company 101 Corporation feerhad has proposed to acquire a stake that's a shade below 33 per cent in listed Palmco Holdings for M 5249.2 million (*****.5 million) cash. 101 last night said the
        305 words
      • Article
        Berjaya Sports Toto shares tumble
        188 18 (KUALA LUMPUR] The share price of Berjaya Sports Toto tumbled yesterday following news of the latest restructuring exercise engineered by tycoon Vincent Tan. Berjaya Sports Toto yesterday fell by as much as Ms 2, or 14 per cent, to M 511.90 before closing slightly higher
        188 words
      • Article
        SBS in tie-up for Java industrial estate project
        178 18 (SINGAPORE] Singapore Bus Service has teamed up with Jurong Town Corp and the Lend Lease Group to develop a massive 240 ha industrial estate in Java. SBS, which announced the deal yesterday, did not give the value of the three companies' investment
        178 words
      • Article, Illustration
        Lock icon Raffles Medical plans expansion with IPO
        246 18  -  By Jenny Lam [SINGAPORE] Sesdaq-bound Raffles Medical Group (RMG) plans to spend two-thirds of the proceeds from its initial public offer on local expansion and the rest on regional projects. RMG, which may launch its IPO this week, will spend most of the money
        CHRIS LOH  -  246 words
      • COMPANY Briefs
        • Article
          Sing Investments in share placement
          81 18 [SINGAPORE) Sing Investments Finance has appointed OCBC Bank as the manager for its proposed private placement 0f4,542,800 new shares, amounting to 10 per cent of its existing capital. OCBC will subscribe or procure subscription for the 3,634,240 local and 908,560 foreign shares at $1.44 and
          81 words
        • Article
          SIA, Rolls-Royce in joint venture
          69 18 [SINGAPORE] Singapore Airlines subsidiary SLA Engineering Company together with Rolls-Royce Aero Engine Services have set up International Engine Component Overhaul here on a 50-50 basis. The joint-venture company has an authorised and paid-up capital of US$2O million (Ss29 million) and US$l5.5 million respectively. Its principal
          69 words
        • Article
          Teck Wah profit plunges to $49,000
          92 18 [SINGAPORE] Teck Wah Paper Products last year made a dismal profit of only $49,000, a sharp fall from 1995's $2.09 million. Turnover also fell 8.5 per cent to $51 million. The company blamed its poor performance on weak demand and drop in selling prices.
          92 words
        • Article
          Lock icon Southern Bank's profit soars to M$108m
          60 18 Reuter [KUALA LUMPUR] Southern Bank Bhd yesterday announced a jump in net profit to M 5106.18 million (5562.6 million) for last year, against 1995's MJ68.49 million. Group turnover also shot up from M 5295.53 million to M 5395.2 million while earnings per share swelled
          Reuter  -  60 words
        • Article
          IFS earnings up 23% to $5m
          47 18 [SINGAPORE] Net profits of International Factors (S) rose 23 per cent to $5 million last year on a 23 per cent higher gross operating income of $30.7 million. Consequently, earnings per share improved to 4.9 cents from 4 cents in 1995.
          47 words
        • Article
          ASJ maiden profit since IPO up 67%
          62 18 [SINGAPORE] ASJ Holdings yesterday announced its first set of results since its listing. On a proforma basis for comparison reasons, it posted a group turnover of $37.6 million, up 10.55 per cent, and after-tax earnings of $4.52 million, a jump of 67 per
          62 words
        • Article
          ABR posts poor results
          77 18 [SINGAPORE] ABR Holdings posted an after tax gain of $296,000 last year, down from $697,000 in the previous year, on a 2.8 per cent lower turnover of $29.8 million. The company said 1995's turnover was higher as it included $1.4 million sales consoliated from a group
          77 words
        • Article
          Lock icon Metalock calls off plan to buy stake
          74 18 Bloomberg [SINGAPORE] Metaloek Singapore has cancelled a plan to buy 44 per cent of a mechanical-engineering company after realising it would have to invest more "cash resources and management effort" to develop Expressneed's China business than it wants to invest. Metaloek previously said
          Bloomberg  -  74 words
        • Article
          Asiamatrix cuts group losses
          57 18 [SINGAPORE] Asiamatrix last year cut its group losses to $2.7 million from 1995's $4.93 million. Turnover fell 35 per cent to $4.74 million. The company also reported an extraordinary gain of $527,696 from the sale of its entire shareholding in Wilmont Asia, Wilmont Asia (USA) Inc,
          57 words
        • Article
          Lock icon MRCB may sell NSTP stake to TV3
          75 18 Bloomberg [KUALA LUMPUR] Malaysian Resources Corp Bhd will likely sell its 43.6 per cent stake in New Straits Times Press Bhd to Sistem Televisyen Malaysia, The Edge magazine reported, citing unidentified sources. Sistem Televisyen, or TV3, will issue new shares to MRCB at
          Bloomberg  -  75 words
    • REGIONAL COMPANIES
      • Article
        BZW is bullish on Asian power sector
        341 20  -  Broking house sets up benchmark to track regional power stocks From Quak Hiang Whai in Hongkong BZW ASIA yesterday painted a rosy picture for investment in Asia's power sector and announced the setting up of a benchmark to evaluate regional power stocks. Its
        341 words
      • Article, Illustration
        Lock icon Taiwan to relax company listing rules by year-end
        289 20 Trading of warrants delayed till officials iron ont details AFX, Bridge [TAIPEI) The Taiwan government is expected to allow local companies to list on foreign markets and allow foreign companies to list on the local market by the end of this year,
        AFX,; Bridge; FILE PHOTO  -  289 words
      • Article
        Lock icon GM in talks to buy stake in troubled Ssangyong Motor
        350 20 AFP (SEOUL) General Motors Corp of the United States is considering taking an unspecified equity share in South Korea's debt-stricken Ssangyong Motor Co in exchange for use of its local distribution network, reports said yesterday. "We are in talks with
        AFP  -  350 words
      • Article
        Lock icon Daiwa Securities says it expects major loss
        199 20 Bloomberg [TOKYO] Daiwa Securities Co will report a "major" net loss this year because of a drop in revenue from trading commissions and the bailout of an ailing lending subsidiary, a spokesman for the brokerage said yesterday. He said Daiwa won't reveal the
        Bloomberg  -  199 words
      • Article
        Lock icon Gitic share offer 892 times subscribed
        439 20 Subscription rate highest in history of HK stock exchange Bloomberg [HONGKONG] Gitic Enterprises Ltd, a state-controlled maker of marble and granite slabs, drew the strongest demand for any share sale in the 17-year history of the Stock Exchange of Hongkong. Investors applied for 892
        Bloomberg  -  439 words
      • Article
        Lock icon Hang Seng Index firm plans red chips index
        112 20 Reuter [HONGKONG] HSI Services Ltd, the keeper of Hongkong's blue-chip Hang Seng Index, said yesterday it was considering compiling an index of red chips or China-concept stocks due to market demand for China plays. "Based on that kind of market demand, we
        Reuter  -  112 words
    • INTERNATIONAL COMPANIES
      • COMPANY Briefs
        • Article
          Lock icon Lonrho in hotel sale talks
          81 21 Bloomberg I (LONDON) Lonrho pic is in talks with Prince Al-Waleed ft bin Tfchal to sell the Saudi investor part of its Princess hotel chain for about US$6OO million (SIB4O mill ion). Dubai's Khalee) Times yestardayquoted Prince Al-Waleed as saying hs will put the chain
          Bloomberg  -  81 words
        • Article
          Lock icon Goldlion denies eyeing Giordano stake
          73 21 Reuter [HONGKONG] Men's clothing maker and retailer Goldlion ft Holdings Ltd said yesterday it was not in talks to buy a f strtra tn lAfi "The company wishes todartfy that there is no negotiation nor appointment of financial adviser for the acquisition of shares in
          Reuter  -  73 words
        • Article
          Lock icon S&P downgrades Nomura's debt outlook
          84 21 Bloomberg i> {TOKYO) Nomura Securities' debt outlook was changed to "negative" from "stable" by Btandard Poor's. SAP said fkllout from a trading scandal in which two directors intettfy tom—lWl mrtWAy tn clients linked With gangsters may hurt Nomura, ft cited concern over "suspension of orders
          Bloomberg  -  84 words
      • Article, Illustration
        Lock icon Krupp-Thyssen venture likely with public pressure
        433 21 TrikapngrMsm&bnt Krnpp still preparing for hostile takeover FT [BONN] The likelihood that German steelmaker Krupp Hoesch and rival Thyssen will agree to form a joint steel company increased at the weekend as political and trade union pressure for an amicable settlement grew in reaction
        FT; REUTER  -  433 words
      • Article
        Lock icon Britain's new cable giant may seek further acquisitions
        533 21 Cable and Wireless fommnnications plans to list 14.7% of shares in next few weeks Reuter [LONDON] Cable and Wireless Communications (C&WC), Britain's new cable giant, said yesterday it might seek further acquisitions as it set the formal stage for its complex formation
        Reuter  -  533 words
      • Article
        Lock icon Revamp boosts Waterford's profit by 24%
        246 21 Bloomberg, Reuter [DUBLIN] Waterford Wedgwood pic said 1996 pre-tax profit jumped 24 per cent as a major reorganisation yielded record high sales. The Irish crystal and china firm said pre-tax profit increased to 34.9 million punts (5580.6 million) in 1996 from 28.1 million a
        Bloomberg,; Reuter  -  246 words
      • Article, Illustration
        Lock icon McDonald's bets on growth in Japan as US sales rall
        477 21 Bloomberg [TOKYO] Same-store sales fell each of the last six quarters for McDonald's Corp in the US. And the burger chain flopped at luring more adults with the Arch Deluxe chicken, beef and fish sandwiches touted as more sophisticated than
        Bloomberg; FILE PHOTO  -  477 words
      • Article
        Lock icon Disney in refinancing deal for 73b yen loan
        422 21 Move aims at cutting interest costs on lota company took in TO FT [LONDON] Walt Disney, the US entertainment company, has negotiated a groundbreaking deal to refinance a 73.4 billion yen (*****.8 million) loan which is backed by future royalties from Tokyo
        FT  -  422 words
    • CORPORATE FOCUS
      • Article, Illustration
        Lock icon Micropolis' slow but steady turnaround
        1681 23  -  By< Jennifer Lien DISK drive maker Micropolis is "breaking records day by day", say long-time employees of the company, but chief executive Joe Chen is hardly ecstatic. "The company was so far behind, so I'm not (yet) too happy about that statement," Dr Chen told
        ARTHUR LEE  -  1,681 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Credit Lyonnais chief sets ultimatum
        484 24 Chairman threatens to quit if EC forces him to sell too many of bank's activities in its restructuring FT [PARIS] The chairman of Credit Lyonnais has upped the stakes in the battle over the restructuring of the French state-owned bank with a suggestion that he
        FT  -  484 words
      • Article
        Time to buy Taiwan index futures?
        392 24  -  Simex's MSCI stock fixtures looking good after retr&cement: Natwest Markets By\ Siow Li Sen [SINGAPORE] It may be a goocfcrtime to buy Simex's MSCI Taiwan index futures, say traders despite the fact they plunged sharply yesterday on reports that China is planning military exercises
        392 words
      • Article, Illustration
        Lock icon Lehman out to court lucrative buyout funds
        254 24 Bloomberg, Reuter [NEW YORK] Lehman Brothers Holdings said it formed a group of investment bankers to win more business from corporate buyout funds, the latest Wall Street firm to create such a unit. Jeff Sechrest, 41, formerly co-head of Lehman's investment banking unit
        Bloomberg,; Reuter; Source: Bloomberg  -  254 words
      • Article
        Lock icon French banks may start 6-day week
        300 24 FT [PARIS] France's commercial banks may soon be able to open branches six days a week and to introduce more flexible working hours following a long-awaited overhaul of controversial legislation dating back 60 years. The leading financial sector unions are expected to announce their
        FT  -  300 words
      • Article
        Lock icon SBC Warburg launches NZ bond, bank bill indices
        126 24 Reuter [WELLINGTON] Investment Bank SBC Warburg yesterday launched a group of New Zealand bond and bank biU indices, which it said provided comprehensive coverage of the New Zealand market by issuing sector, maturity classes and risk profile. The indices were developed with
        Reuter  -  126 words
      • Article
        Lock icon Euroyen, JGBs rebound from lows
        218 24 SOKEXBeport Reuter [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures rebounded from a sharp early sell-off yesterday as players covered their positions following a late plunge in Tokyo stocks. "It was just some short-cov-ering. The market had been oversold earlier," said a trader. He
        Reuter  -  218 words
      • Article
        Futures fall amid more negative news
        203 24  -  MSCX TAIWAN FUTURES By Perry Gilbert Gilbert, vice-president, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan index futures came under further selling pressure yesterday as more negative news hit the market. Talk of China planning military exercises near the island caused nervous players
        203 words
      • Article
        Lock icon Gloom hangs over Viet energy industry
        244 24 ENERGY REPORT Reuter [HO CHI MINH CITY] A spat with China over potentially gas-rich waters, acrimony over plans for a refinery with foreign partners and disappointing offshore oil finds cast a gloom over Vietnam's oil and gas show yesterday. As industry executives gathered here
        Reuter  -  244 words
      • Article, Illustration
        Untitled
        1313 24 IMTBRBAMK CROSS RATBS Mar 24 Hi c$ CO! rfr 9m Mtt *88i8»l1 Y«> Ww M$ HZSNfch N» S$ «M4 SIT Wl N» N— Antr* 1.084 6.178 0487 4491 1333 6.105 ***** iX'O.W 6.9*7 1956 U33 ********** 1133 3.493 '«3 21-*****.MR OT88 C«Mdi 0.922 6.044 0434 4148 1230 5430 26.070 17.466
        1,313 words
      • Article
        Lock icon CURRENCY REPORT
        277 24 Reuter, AFP London THE US dollar was firm against most currencies, its sentiment propped up by widespread expectations the Federal Reserve will raise key US interest rates today for the first time in two years. It was not making much headway, however, as traders steered clear of major
        Reuter,; AFP  -  277 words
    • Article
      COMMODITY PRICES
      1406 25 gOOMPOTOEBS Mar24 IWH OMewde*!** SJOm) RSSICOVTtACTttcMtafo) Close VOtMM OpM IMi I— Sett (tows) Ifrwt 5T400 J§ 2*97 175.50 «25 jnfT 176.50 1150 MAatf? 178.25 225 5910 0cH2c97 180.00 *W00 975 4950 JMfltarM «>-75 750 KIWWIW.M. M, £2 j£» 555 Is g 123.00 2255 **,91 04.00 ***** gJOO 225
      1,406 words
    • Article
      Lock icon TOKYO
      1663 25 AFP Q Nikkei 225 -***** SHARE prices tumbled yesterday, with the key market barometer closing 3.2 per cent lower on late selling triggered by a rise in money market rates, brokers said. "The market was hit by fu-tures-linked arbitrage selling as investors were alarmed by the sharp rise in
      AFP  -  1,663 words
    • Article
      WORLD STOCK MARKETS
      2151 25 LONDON > Mg24 Nkta AB Ports 268 -6 ABPay National 716 -7 A Iliad Domacq 442 -1.600 Amtc 126 2 Aid* Group 107.600 .200 BATInd 508 15 BCPIt 158 -3 BICC 266 2.600 BOC Group 960 unch BR PotrotMH 703 3.800 BTR 254.400 -4.600 Bank of Scotland
      2,151 words
    • Article, Illustration
      Lock icon HONGKONG
      1572 26 AFX-Asia PI Hang Seng +259.84 SHARE prices closed higher yesterday, led by gains in properties, with institutions having factored a 25 basis point hike in US interest rates into current stock valuations. Dealers said portfolio managers centred their buying activity on property blue chips and laggards in the belief
      AFX-Asia  -  1,572 words
    • Article, Illustration
      Lock icon CHINA
      658 26 Reuter n Shenzhen B Index -L4O THE Shenzhen B share market ended lower yesterday with investors awaiting the debut of Wafangdian today. The B Index lost 1.40 points to 162.94. Turnover was HK$76.B million. Bearing-maker Wafangdian will list 130 million B shares on the Shenzhen Stock Exchange today. Analysts
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  658 words
    • Article
      Lock icon TAIPEI
      397 26 AFP □WP Index -287.19 SHARE prices finished 3.5 per cent lower yesterday amid reports that Morgan Stanley was cutting its investments here and that China was planning military exercises. The TSE Weighted Price Index slumped 287.19 points to 7,946.88. Turnover was 2.97 billion shares worth NT5124.8 billion. Falls beat
      AFP  -  397 words
    • Article
      Lock icon WELLINGTON
      272 26 Reuter n Wellington -5.86 A SLEEPY share market closed flat yesterday as most investors sat on the sidelines ahead of the Federal Reserve meeting today. The NZSE Top 40-share Index lost 5.86 points at 2,223.93. Reuter Mv 24 Ui (0001 ANZ Bankta* *020 ***** Advantages Hldgs 130 unch 9500
      Reuter  -  272 words
    • Article, Illustration
      Lock icon BANGKOK
      833 26 AFP n SET Index +1L75 SHARE prices rose yesterday, with buying interest emerging in late trade among blue chips mainly in the bank and finance sectors, dealers said. An analyst said speculative buying boosted the index as investors had factored in an expected interest rates rise in the United
      AFP  -  833 words
    • Article
      Lock icon SEOUL
      423 26 AFP Q Composite Index -SJB7 SHARE prices closed lower yesterday on concerns over a demand-supply imbalance following reports of the listing of Korea Telecom, dealers said. The Composite Index slid 5.87 points to 617.26. Turnover was 35.45 million shares worth 448.6 billion won. Falls beat risers 685 to 161.
      AFP  -  423 words
    • Article
      Lock icon SYDNEY
      620 26 AFP QAD Ordinaries +15.7 A SURGE in banking stocks ahead of the expected release this week of a government inquiry into the sector propelled share prices up yesterday. The All Ordinaries Index gained 15.7 points to 2,402.1. Turnover was 234.4 million shares worth A 5640.5 million. Market leader BHP
      AFP  -  620 words
    • Article, Illustration
      Lock icon JAKARTA
      761 26 AFP Q Composite Index -4.49 SHARE prices closed lower yesterday in quiet trade marked by falls among Telkom and cigarette makers' shares, dealers said. "The overall market is still in a correction phase," a trader said, adding that foreign investors sold heavyweight shares such as Telkom and cigarette-maker Sampoerna.
      AFP  -  761 words
    • Article
      Lock icon MANILA
      341 26 AFP F1 Manila +20.81 SHARE prices closed higher in thin trading yesterday as investors snapped up oversold blue chips. The PSE Composite Index gained 20.81 points to 3,222.46. Turnover was 11.9 billion shares worth 1.9 billion pesos. SM Prime Holdings rose 30 centavos to 7.70 pesos while PLDT gained
      AFP  -  341 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares rise in thin, directionless trade
        311 27 AFX-Asia PI Composite Index +L 66 SHARE prices closed slightly higher in thin directionless trade yesterday ahead of the Federal Reserve policy-making meeting and Bank Negara's annual report later this week. The KLSE Composite Index rose 1.66 points to 1,214.60 on volume of 316.1
        AFX-Asia  -  311 words
      • Article
        Untitled
        252 27 Up O— UM» ConsMMr pro W 24 13 31 37 JO Construction 7 15 J Tradht«fS*c 24 24 Mrastiv 0 0 2 nnwc* 22 30 M Mot* 2 4 0 Jr oportv 31 21 13 Plantrton 12 10 MMnq 0 3 3 T»>Ht I LMA 41 47 17 Rt*/W*r«nt» I
        252 words
      • Article
        Untitled
        7869 27 Mwtnuu iq. pcotfucts nuuL L Vol Day N«t Cap ?oT Company Sal* OOP High Low P/E $mll 448 Ajinomoto 705 5 13 705 700 53JO 285.8 90S ?cn Angkasa 384 unch 19 384 380 11.4 566 2 4?s ,12 Apollo Food Hlg 775 5 22 775 770 310.0 7« Berjaya
        7,869 words
    • WARRANTS & OPTIONS
      • Article
        South Malayan Industries warrants not attractive just yet
        176 28  -  WARRANT WATCH tw R Sivanithy IN A recent column highlighting Acma's warrants, we said it might sometimes prove profitable to buy a warrant when it moves from being in-the-money to out-of-the-money. However, this only applies under certain circumstances and in the case
        176 words
      • Article
        Untitled
        3887 28 BONDS, LOANS ft WARRANTS 1990/1997 Last Vol Day Last Ouota Avg High Low Stno Company Sala *or- COOO) High Low Buyar Seller Price 68 47 m 3000 m AMOB c5.5%*****6 54.5 -1.5 16 56 54.5 54 54.5 62 39 3160 "Acer W*****1USS 42 -2.5 26 42.5 42 39 42.5 131
        3,887 words
    • Article
      CLOB INTERNATIONAL
      2440 28 MALAYSIAN STOCKS Gr Or 1996/1997 Last Vol Day lot Ouote DW CMv YW Net M Cap High Low Stno Company Sale COOP) High Law Buyer SeMer C'vr H P/t 625 360 mi 5000 AISB50C 392 1 36 396 390 392 400 i!o 4.9 0.4 79.7 402.1 137 84
      2,440 words
    • STOCK EXCHANGE OP SINGAPORE
      • Article
        Untitled
        1389 29 TURMOyO C000) VALUE COOO) em r«m nm cut um SJjiS U't® 43,573 124.526 32.«74 IS7.400 SSS5* *52? 7 f« ««.092 13,297 61,369 PraSit... $lil "S *.»28 *0,777 1.356 12.134 nfffffi, 5,M *.302 22,070 34.830 22,977 57,807 2^ tk '305 1.305 5,535 5.535 *•<> 7»0 2271 2271 *,924 15.113 1®.037 3.583
        1,389 words
      • Article
        MAIN BOARD
        3906 29 1996/1997 Last Vol Day Last Quota Dlv Oiv YM Not Caa Awa Htgft Lew StWo Company Sola COOP) High Law Buyar Satlar H C'yf P/t $mE Prtcs INDUSTRIALS 5146 ASENT$***** US- lOOO 900 1275 ASF US$0.***** US900 885 go 0 214 155 1258 AcarSOc US160 unch 95 160
        3,906 words
      • Article
        SESDAQ
        655 29 SIN. f nmnmr «2? J2L la«t OwH. M» M* W4 Nat c£ Am CaaiMny S«* (OOP) Hlfh Law 8wyaf Sabac tV P/t $m» Prtc* nm 209 135 t 2000 AORHMft5c MO *3 2 142 140 140 14c 1 a 14 j a < > 202 2049 ASaUTwc wo unch
        655 words
      • Article, Illustration
        HOT STOCK
        62 30  -  bf Shiv Taneja SELANGOR DREDGING, which closed unchanged at $1.40 on a volume of 6.3 million shares yesterday, has seen some volatile trading recently. The daily and weekly RSI and stochastic charts are above 75, and while the MACD chart is calling for a buy, the upside looks
        62 words
      • Article
        Untitled
        230 30 Stocks Volame Labroy M 20c 14,320,000 •Sel Dfedg 50c 6,292.000 *B«rjaya Group 5.M8.000 Casa Hldqs 10c 5,055,000 DairyF US$0.05 3,700,000 HK Land US$0.1 3,631,000 Hotel Prop 3.296,000 DBS Land 3,089,000 •MBf Hldgs 50c v 2,393,000 *Multi-P Wt98 2,362,000 Stacks S Labroy M 20c 28,741,380 Keppel Corp 20,264,327 DBS Foreign 19,153,721
        230 words
      • Article, Illustration
        Property stock gains help end 8-day losing streak
        664 30  -  STOCK MARKET COMMENTARY But volume stays low and sentiment subdued, suggesting heightened caution ahead of Fed meeting on interest rates By R Sivanithy [SINGAPORE] Led mainly by property counters, the local stock market yesterday managed to end an eightday losing streak, although
        664 words
      • ON THE GRAPEVINE
        • Article
          Getting ahead of the auditors
          103 30 THE Annual Report Award Committee should award CAM International for the annual report that was not. The company issued a statement yesterday urging all shareholders to ignore its 1996 Annual Report despatched last week. Its reason? "The company's joint auditors have not completed the audit
          103 words
        • Article
          M1 phones to be unlocked
          111 30 WE REPORTED in this column recently that Mobile One, the new competitor to Sing Tel Mobile, has locked its free handset for the 15,000 people who are currently on its service trial. This means that trialists can only use the Ml SIM (Subscriber Identity Module)
          111 words
        • Article
          Appreciative shareholders
          79 30 DIRECTORS of mainboard-listed Ossia International recently received a pleasant surprise a letter of congratulations from shareholders. Six "men in the street" wrote in to tell the clothes and sports equipment manufacturer and wholesaler they were in favour of the group's recently-reported venture into property development. Perhaps Ossia's founders,
          79 words
        • Article
          Special cheapskate award
          176 30 OUR "cheapskate of the first quarter" award goes to the organisers of the Economic Society of Singapore Annual Dinner at the Regent Hotel last Saturday. The guests were served seafood salad with assorted fruits, followed by braised shark's fin soup with crab meat and bamboo pith, fried
          176 words
        • Article
          Money-making courses
          63 30 THE New York Institute of Finance launched its international headquarters office in Singapore yesterday. Its visiting president, Robert Gulick, made it clear that the institute's short-term training courses are not meant for financial professionals seeking paper qualifications. He quipped: "If you wish to pursue a degree, go to
          63 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      93 17 The Tourism Capital As Singapore gears up to be a heavyweight tourism capital DirGCtiOnS -The business magazine examines this vital industry. Hotels are regionalising, international franchises are coming to town, and Singapore is taking on London, Paris and New York in a fight for the tourist dollar. Discover more about
      93 words
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      Page 18 Advertisements Column 1
      70 18 S* irv fln i ipi I (V M I'HP- j! U 11 ImpH 1 l II .11l Im/m #11 I si v %i&||| 1 I I■ J I I i: J Smooth bottom tracks and no unsightly screws and rivets. Quality beyond compare Designed to save space Available in sliding,
      70 words
    • Advertisement
      Page 18 Advertisements Column 2
      39 18 Centre Tenure of Land: 999 Years Leasehold Lot No: 136-52 MK 22 Location Chuan Hoe Avenue Planning Approval No DC96/0240-1 (*****6-41D1-M) BP no.: PWD BP 5-*****-1996 BPNEOOI Expected Date of TOP: Dec. 1997 Expected Date of Legal Completion Dec.1999
      39 words
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      Page 20 Advertisements Column 1
      1167 20 ©INTERNATIONAL FACTORS (SINGAPORE) LTD (Incorporated in the Republic of Singapore) FULL YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT The Board of Directors of International Factors (Singapore) Ltd wiahee to announce the fotowtng unaudited results of the Group and o« the Company lor the year ended 31 December 1996. I alert year
      1,167 words
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      Page 20 Advertisements Column 2
      158 20 Turning your Accountant into Suaerman? We must be kidding. I Consider this weigh a man down with a ton of bricks around his neck and ask him to do a backflip. Naturally, he will not manage it. Now ask your Accountant to produce timely reports when all you have given
      158 words
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      Page 21 Advertisements Column 1
      27 21 estne trip tollhraH seem shorter. With an extra 10 inches between rows, vou can stretch out farther in our Business Class. The Australian Airline. hop: //wwwqan cas.com.au/
      27 words
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      Page 22 Advertisements Column 1
      1710 22 EXECUTIVE l/V/VO/ l/l UHlit S l° il(l\tTlisi' </;||| toll 111T INOO-7-JI ISS Mil!/ Jardine Strategic Payment of final dividend for the year anded 31st December 1996 Dividend A final dividend of US$9.9O per share will be payable on 18th June 1997, subject to approval at the Company's Annual General Meeting
      1,710 words
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      Page 22 Advertisements Column 2
      646 22 mom nnrar mutiia MOiKI NBarr eiVW an [JpuuwJtoary of Company w« fa* hrid at Wbtfn Mercury Room, Lml 4 t 2 Stanlcxd Road, Sitgap— 1788t2e»i*eS£[ 15 April, 1997 at 10 00 a m br to purpcee of a«4, ihougnt fit, passing blowing resolutions or wtfhoul anwndmMtOKNNART RHOUmONS 1. THfWWOMD AOQUWTION
      646 words
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      Page 23 Advertisements Column 1
      1940 23 <$> BURWILL HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 1996 FINANCIAL RESULTS Development Projects The Directors of Burwill Holdings Limited (the i<• r "Company") are pleased to announce the unaudited our consolidated results of the Company and its subsidiaries subdivision
      1,940 words
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      Page 24 Advertisements Column 1
      64 24 EXECUTIVE. il*itin nis i Leam how to make money as a I dealer or investor in share market I I o Fundamental and Technical Analysis I I o Charting training, software and data I I o Excellent Lecturers I o Quality notes questions r o Computerized Test o Excellent prospects
      64 words
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      68 26 n■£* fm These and other corporate milestones present perfect opportunities to Q to the I enhance your corporate image with a self-funding special feature Occasioi For more on how you can to the feature, contact: Joe Tel: 740 2481 Pg: 9306 8499 Official openings Corporate anniversaries fSO ceruncation ceremonies Topping-up
      68 words
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      Page 27 Advertisements Column 1
      48 27 GET THE BEST IPO FINANCING FROM CITIBANK. FOR ENQUIRIES. PLEASE CALL OUR 24-HOl R C lI'I PHONE BANKING ON < 1800) 225-5225. CITIBANK HkA IMS I I Sill \T() W :(.X()kC II K I) k<>\ l> I I I ko\ <; I \S I SI M the citi never sleeps
      48 words
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      Page 29 Advertisements Column 1
      125 29 Need cash for any worthwhile purpose? At Hong Leong Finance and Singapore Finance, we give you cash for your shares almost immediately. This is all you have to do: So, why keep your shares tucked away? Use it for a million purposes. Call us btop by any Hong Leong Finance
      125 words
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      Page 29 Advertisements Column 2
      8 29 Home Decor For people who love their homes
      8 words
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      Page 30 Advertisements Column 1
      217 30 Singapore Business -Giving you the winning edge LOONEY TUNES, names, characters and all related indicia are trademarks of Warner Bros ©1997 infinite Possibilities m. ..-J 2060 In 20cpm at all times Paper up to A3 size Fast first copy speed: 4.0 seconds *2 standard 600-sheet paper cassettes A wide variety
      217 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      328 31 Bridge News THE topic in the Panamax freight market was the deferral of up to 500,000 tonnes of US corn to Taiwan due to the slaughter of a large number of hogs with foot-and-mouth disease. Continental Grain withdrew its 54,000-tonne cargo to Taiwan without fixing, brokers said. The
      Bridge News  -  328 words
    • Article
      MARITIME STOCKS
      286 31 SIS 000 i»i4 a m CWT Dtetrtbutton U3 inch 22 ChuanHup 1.01 *0.02 24 Catco tovastmant 141 FraMltLMU 0.785 *0.01 234 GBHoMngs 0.90 -0.02 33 HaiSunHup 104 unch 1M MttadHZoaan 0.78 -0.005 2* IMC NeWngs MK 3.60 Jay a HoMnqs 104 unch S Juronq Shipyard 6.45 *0.05 22
      286 words
    • Article
      End cabotage, set up 2nd register, Canberra urged
      460 31  -  Key proposals of the Shipping Reform Group's recently completed report From Jerzy Farynski in Sydney AUSTRALIA'S Shipping Reform Group is calling for the elimination of cabotage and the establishment of a second shipping register. These are the two key recommendations of its
      460 words
    • Article
      Kvaemer to build second giant cruise ship for RCCL
      292 31  -  By' Yong Mei Fong [SINGAPORE] Norway's Kvaerner ASA group, which just last week clinched a US$2OO million (Ss2B6 million) contract from P&O Nedlloyd, has announced that it will, be building a second 130,000 gross ton (gt) cruise ship for Royal Caribbean
      292 words
    • Article
      Lock icon Korean shipowners ask to be allowed to raise funds abroad
      314 31 They also repeat call for Korean ship registry Journal of Commerce [SEOUL] South Korean shipowners have called on the government to allow them to raise funds abroad through commercial loans, and repeated a call for a Korean ship registry that
      Journal of Commerce  -  314 words
    • Article
      US fleet registers strong growth: study
      225 31 [WASHINGTON] America s domestic fleet, those vessels moving cargo within the US, has experienced explosive growth in the last three decades, more than doubling from 861 large commercial vessels to 1,894 and tripling in cargo capacity, a new report finds. The report breaks new
      225 words
    • Article
      Call on P&I shipowners to exert influence on clubs
      230 31  -  From, David Hughes in London P&I (protection and indemnity) shipowners, especially those from Asia, should band together to influence their P&I clubs, according to the vicechairman of the London P&I Club. In the current issue of the London Club's newsletter, Robert
      230 words
    • PORT Shots
      • Article
        Lock icon Primorsky Shipping gets US$188m loan
        72 31 Bloomberg [NAKHODKA, Russia] AO Primorsky Sea Shipping said it negotiated a US$lBB.3 million (*****.2 million) loan from Norway's Christiana Bank that will allow the Russian shipping company to build vessels in South Korea. The Norwegian bank helped Primorsky refinance a debt to the European Bank
        Bloomberg  -  72 words
      • Article
        Japan's local govts to get aid for oil spill
        76 31 [TOKYO] The Japanese government will pay &3 billion yen (Ss62 million) to affected local governments to help finance their cleanup efforts following a massive oil spill from Russian tanker Nakhodka, Home Affairs Minister Katsuhiko Shirakawa said last week. According to Kyodo,
        76 words
      • Article
        OTAL adds 3rd ship to W African service
        67 31 [SINGAPORE] OT Africa Line (OTAL) has added a third vessel, Karawa, to its West African container service increasing service frequency to every 12 days from 18 days. All three vessels deployed on the service have a capacity of approximately 1,100 TEUs and
        67 words
    • Article
      Semb Wah Kwong orders its 4th ship
      217 31 [SINGAPORE] Sembawang Wah Kwong Shipping (SWK) has placed a US$23 million (5532.3 million) order for a chemical tanker, in line with its objective of owning 10 vessels within two years of its formation. The company, formed last July as a joint venture between
      217 words
    • Article, Illustration
      Lock icon Where political ties count
      1006 32  -  CHXKA'S AIRCRAFT MARKET: AIRBUS, BOEING VIE FOR ORDERS Airbus' sale of its first three planes to China's biggest airline, Air China, last year shows how hard it will be for Boeing to keep its lead in the fastest-growing airplane market where diplomacy often overrides business decisions
      Bloomberg; FILE PHOTO  -  1,006 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      260 32 PACE Eistmal 5 Ml 9 "S™ ANL 3 ECl 6 AMe 4 EES 6 Accord 12 AhrmkM 4 Ewofcws 6 A«wf»Np S Astro 3 Famous 7 Austral II Fl-Bright 11 A««t 6 Foo«gS« 12 KA 7 Frt World 7 MmMo 7 CUak 4
      260 words
    • Article
      SHIPPING GUIDE
      15076 38 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advwttor Vassal Voy*ga T»»»pf>ona ETA ETA Advartlsar Vnul Voyaga Ttlapftona SIN Oast'n Nama Numtoar Numtoar SIN Oastn Nam Mm Nankar mmOar 28/03 2V04 COSCO TAO HE 0K» 45 *****00 A 21/03 23/04 Pro Una PRO VESSEL 45-*****12 .Dmuu/lOhjnni H/03 2W0* K»n rtunq JINAN
      15,076 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        697 45 Vossol Voy No Btrth Arrival Dtporturo m Pra*M* 74N tKmpf 2103/000 Ma MO »3* J02 25 03/0300 II Mb* 0201*7 JO) llupUl 25.03/0100 (MM UM 04/17 J03 MoovOt 25.03/2351 Crtllllilli W JO M(M 25.03/0*00 latMKNi t 2 JI3 |I|A|1I*| 25.03/0*00 UNO) Ac* M JOT llmiHl 24.03/1700 Jiimlin M
        697 words
      • Article
        CONTAINER SCHEDULES
        1691 45 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Booking/Mulct Rstts SMp Voy Mo Etfc/Btr Nrtgl Frw To Frow Atl UK 06* 25/1500 H 24/1500 24/1*9* 24/1*00 M-)w» 9M 25/MOO M MAM* MM» 24/HOO »!■<■>» 02KN H/UM 2A 24/WOO 2MMI 25/0*00 a 24/T700 25/0451 2V<>*00 1 25/0700 25/1B* 25/MOO
        1,691 words
      • Article
        GLOBAL HOLIDAY
        205 45 Mar 27 Denmark: Maundy Thursday. Philippines: Maundy Thursday. Mju-28 Australia: Good Friday. Canada: Good Friday. Denmark: Good Friday. Hong Kong: Good Friday. Indonesia: Good Friday. Netherlands: Good Friday. New Zealand: Good Friday. Norway: Good Friday. Philippines ;Good Friday. Singapore: Good Friday. Sweden: Good Friday. Switzerland: Good Friday. United
        205 words
      • Article
        COCKETT BUNKER MARKET REPORT
        785 45 THIS report, compiled by Cockett Marine OH 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
        785 words
      • Article
        VERITAS BUNKER. QUALITY REPORT
        448 45 Carta* 160 Max 993 3 LI 164 O K 106 040 Mar 20 Dwtfty Mater IhMm Ask Aliwliliw iifciH No above £25 2 1 9 4 1 0 300 Am 9*5.5 0.5 12.6 0.07 34 0.02 taZ 300 Mai 995.9 74 17.9 0.10 01 OjW Mflri
        448 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon India plans to upgrade and build 28 airports
        389 46 Standard of aviation safety has improved, says civil aviation miniatur Business Line [NEW DELHI] The Airports Authority of India (AAI) plans to upgrade and construct 28 airports in the country. It will also spend 27 billion rupees (***** million) for the development
        Business Line  -  389 words
      • Article
        Lock icon British Midland to announce orders of at least 20 new aircraft soon
        321 46 Reuter [BRUSSELS] British Midland plans to order at least 20 new aircraft in the next few weeks. Chairman tyiehaai-Bishop told a news conference on last week: "We expect in the next few weeks to be announcing a significant
        Reuter  -  321 words
      • Article
        Lock icon OAA urges HK to review airport charges
        246 46 AFP [MANILA] An association of Asian airlines yesterday urged Hongkong to review landing fees for its new airport, warning that high tariffs would damage the territory's tourism and retail businesses. The Airport Authority, in charge of building the multi-billion-dollar complex, has said the
        AFP  -  246 words
      • Article, Illustration
        Lock icon HK airport tunnel completed
        53 46 [HONGKONG] A construction worker makes a traditional Chinese offering burning paper after the 1.6 kilometre Cheung Ching Tunnel opening ceremony late last week. The ceremony marked the completion of a major link in the Hongkong Airport Core Programme transport infrastructure for the new airport at Chek
        AFP  -  53 words
      • Article
        Lock icon Nissan undecided over Ford contract
        147 46 AFP [TOKYO] Japan's Nissan Motor Co Ltd said yesterday it was "undecided" on extending beyond 1998 a contract with Ford Motor Co in Europe to supply recreational vehicles for sale under the US giant's own brand name. The Nihon Keizai Shimbun, Japan's leading business daily,
        AFP  -  147 words
      • Article
        Lock icon Toyota's plan to up offshore output going smoothly
        208 46 AFP [TOKYO] Japanese car maker Toyota Motor Corp said yesterday its plan to increase local production at offshore plants was moving forward, as were steps to increase purchases of imported parts. "Efforts to further localisation are moving forward across the globe," it
        AFP  -  208 words
      • Article
        Lock icon Beijing merging its unprofitable domestic airlines
        246 46 Bid to stem losses and boost efficiency Reuter [BEIJING] China will merge weaker companies in the aviation sector in a bid to stem losses and boost efficiency, the official Xinhua news agency said. It quoted Shen Yuankang, vice-minister of the General Administration of Civil
        Reuter  -  246 words
      • Article
        Lock icon FAA sloppy, inefficient says ex-official in book
        239 46 AFP (WASHINGTON! The Federal Aviation Administration conducts sloppy investigations, lax airport security and antiquated air traffic control, a former top official charges in an upcoming book. Mary Schiavo, former inspector general of the Transportation Department, says in her book Flying Blind, Flying Safe
        AFP  -  239 words
      • Article
        Boeing likely to announce US$700m sale to China
        302 46 [BEIJING] Boeing Co, the world's biggest aircraft maker, is poised to announce today the sale of five Boeing 777s jets to China's biggest airline. The sale, worth more than US$7OO million (Ssl billion), would be Boeing's biggest sale to China since 1995.
        302 words
      • LOG Book
        • Article
          Lock icon Manila,KL to air cargo
          80 46 AFX-Asia [MANILAJThe Philippines and Malaysia will resume air cargo talks on March 81 after felling to reach an agreement r on proposed increases imcargo volumes between Manila i" and Kuala Lumpur during their last talks in November, a Philippine airline official said. An official o<Padflc Bast
          AFX-Asia  -  80 words
        • Article
          Lock icon Japan's gap sales up in
          88 46 Bloombtrg [TOKYOI Japan's biggest car makers reported a rise in domestic sales in February as consiraers rushed to beet a sales tax increase on Aprill. Toyota Motor Corp. Honda Motor Co, Nissan Motor Co, Mazda Motor Corp and Mitsubishi Motors Corp all sold more cars
          Bloombtrg  -  88 words
        • Article
          Lock icon 33 killed in S Korean train
          66 46 AFP [SEOUL] At least 18 people were killed and anoflwr 20 injured when strain ploughed intoabusnyr the southern South Koreen city of Namwon early yesterday reports said. said the accident occurredat 9am (0000 GMT) when the driver of the passmpr bus ignored a stop
          AFP  -  66 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1374 46 an FII6HT HA FLIGHT ETP AkaPMM CV794 206 BY60I 2025 "itY* T6407 2120 TG406 0620 IIMAC TICK UIMU «MC IY607 ZWO M*Mi S0230 «1S MM ItoCMMMi VN74I 1310 VN740 MIO 0F61 1930 6A839 1850 S0174 HI5 AwMw GA897 IMS KL644 0125 jjJJJ 22 1420 S0329 1525
        1,374 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      14 31 China's aircraft market: Where political ties coant Airbus and Boeing vie for orders. 2
      14 words
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      Page 31 Advertisements Column 2
      281 31 India plans to upgrade and build 28 airports Standard of aviation safety has improved. Back Page People mmi m Swissair has appointed Jeffrey G Katz Wheels Logistics Asia 97 which was president and chief operating officer. He slated for this month has been postponed succeeds Phlppt Bruggisser, who to Oct
      281 words
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      786 32 **>*»' 1 i 1 i vtssa vot aw m sttla sm nssa vot ju mm mm iai a* m ■KMT MM M/M M/ 03 M/M 10/ M 27/ M ff WBIBUNMM »T~ 07/ M M/M 10/03 14/ M M/M M/M NttZKON SIWSIO 10/03 13/03 13/03 17/03 03/04 BMBMBMT 111 14/03
      786 words
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      Page 32 Advertisements Column 2
      542 32 uom aarvtcaa npminM fsgßrnXi by Mambara of tt» Ragiatry of AocradNad Shipping Aganta, S*pora National Shipping Aaaoc > lamhi Hi a W WW Slngapora Fomwdafa' Maori—on. lAL Container Line (UK) Limited m'. M.iririe Trjnspoit Resources S Ptr Ltil Tel 223 8380 Fax 223 8387 For Reliability and Peace of Mind
      542 words
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      1041 33 HOfK SOUTH WEST EXftKS (MEKT) ALSO ktGFVMG WAIUUS Ivea wr |na lain law re |u»|mi|— [cwlwrclai I wou wot 1 1 MIMfMN OMI 117/B 11VB |M/M |M/M B/B B/B B/B 10/B 10/B B/M B/M 11/ M I BIWOB I SMI B/B 3t/B 27/B H/b IS/b U/m H/M 1»/B 17/B U/M
      1,041 words
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      Page 33 Advertisements Column 2
      1740 33 HANJIN SHIPPING r mawm/vm i— m m nr oa in Tm im im mi oa im nz in nc im hqmmmmti JiflL. -5/3? I _w/m_ _ug!_ _n/n_ nm n/w w/m a/M a/M a/N "a/a n/M w/w "nmi~ n/M n/n imtmaama p/m m/m n/M m/m n/M n/n m/b m/m m/m m/m
      1,740 words
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      1057 34 fiT DSR-SENA TOR mMk Round the World Container Services TOMBCOOTINItfr FBOMPTOOWTPOWT voy Ml I inn IWWI mm 1 fu~ out lma 11 wbr wr um mln ~m> Iful «n pii| UVCOMROT tEMTOft WRIT MM 188 *1B OB MB MM M M CMOVMM QMUT H714 K B UN M B B
      1,057 words
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      Page 34 Advertisements Column 2
      1145 34 I NORASIA I II VESSEL VOV MN PKL~| OOALASBCLVALALQROT ANT ML LMA I I mmrmum «7ii-3 nm hm t3M iw aw tw vm im« ibm mm I I NOR HONGKONG 9712 3 (1M (3*4 H* 2BM WW 27M 2M4 24M 2M4 IM4 2M4 I I NORSHAAJAH 9713-3 HW IBM- 23*4
      1,145 words
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      Page 34 Advertisements Column 3
      390 34 tt A/Q/?TRANS CONVENTIONAL SBtVKi TO THAftAND AND BREAKBUUC RO/RO AND HEAVYUFT ANY WBqR THAI HAG STATUS PRIORITY BOTHS k*ixfnuVMA ma smm 20-31/03 imi/M HkfffnuVASk 05-07/04 o*oo/04 IM3/04 li-tt/04 Ada Exyrtu V.44A 10-21/04 22-22/04 20-27/04 27-30/04 I Aril Ixpren V.47A~ 03-OS/0S 00-00/0S 10-11/05 11-14/6 tOOtUNGS t fIWMIfHF* ib mi mm fIKMME
      390 words
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      Page 35 Advertisements Column 1
      1141 35 PJMtMiiiiii SIhhJH VOY 8N IWU P«g 1 WB| JM ■UN TVYPOURI PJL-1223 20/03/97 WSm/Vf 31/03/97 NUN QHBYAA4AT PJL-1229 00/04/97 03/94/97 *4/04/97 1 MMNTAKHTI PJL-1224 13/03/97 WWWW 99/93/97 23/03/97 |»UK TAKHTI ML-1230 19/04/07 ItgggT] 1-1 99*94/97 1 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN MAN A CIS COUNTMOLt. AZARMftIAN, ARMENIA.
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      Page 35 Advertisements Column 2
      1464 35 CIFTMf tOSOfTVIMLY ■umoouirattvik Ulin MrllV I SINGAPORE'S GENERAI AGENTS: 6 SHENTOM WAY TEL 224 1900 FAX: 22*2200 OUTWARD (l/l) *****02 JOHORE OfFKE; COSTAR SHIPPING PTE LTD •IZ-oodkhog SAUS/MOS 4»SO4i/43 HMMtpeTO/O) *****0S COSTAR AGENCIES (M) SDN BHD a Mft_ii7oywooooii_ towb two m**D ammm 4Mstso/s5 ywrnioai *nsns ran/ as mi* HutM-07-353t)70 n/at
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      Page 36 Advertisements Column 1
      1132 36 SOP ROM ANW HBO IMF ZEE LHV I LHV IMP ROM ANW HM PKL Mr E. REFINE RW-TII IMS IM4 23*4 10/04 21/04 22/04 23/04 E. BHAMO RE-001 27/02 02*3 21/02 OMS 04/03 2W E. REPUTE NW-000 00*4 28*4 )U4 20*4 21AM 2M4 30AM EORADCN RE-007 04« 00*3 07/03 3M3
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      Page 36 Advertisements Column 2
      962 36 IVISM VOTMI MP MMMI MM lAN KWT Ml VBSR VOTAM MJMAMMM UM SOP I UMOMD tuwm 77/03 04/N 04/04 17/ M 01/ M »/04 lIM 01/04 UNICOIOIU 044S4NK 14/03 14/03 17/03 11/03 If/01 31/03 UMCOKBT 044V43M 03AM 11/04 13/04 14/0* 15/04 14AM 14/04 17/ M IMOMT *****371 73/03 73/03 24/03
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      Page 36 Advertisements Column 3
      378 36 NANTAI LINE FUUY CONTAINER ISO) SOVKETO MAURITIUS SOUTH AFRICA vcsa wf m nit m <wT" IMMMfBMCKS 011S WE OQ4 12/ M, mnMQuai om b/k ii/m is/h iw mmwig oi<s w/m p/h wh» umim om h/* b/k wis ii/k ■w «<s avos ivds \m ti/ts mm raws m iy>s •w» ii/m,
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      Page 37 Advertisements Column 1
      739 37 A BSA it «M MYANMA VBBBk FIVE STAR UNE (MytBBMT NfltiMMl Um) w lM«B| !*r YoafM (Rbb«mb) VKSH VOY SB PM PM POB PMAM MIW M/M NM-AB 133W 17/ M MAUYSIA ACBITV MMSIUO SIWPBI6 AGOKXS ■M IE M-M-MI73M PM: IS IM3-37M111 POI: TH M-M-MII4M POB; TH 01-47-*****11/4 BANK LINE (A
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      Page 37 Advertisements Column 2
      1113 37 HYUND&T] MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKQ; *****32 I hi I w I w I war m I w I I na I it Ira M/M M/M M/MHTMU MM M/M U/M 17/ M U/M U/M U/M H/M m/m m/m m/m in a— nm m/m m/m m/m m/m m/m
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      Page 37 Advertisements Column 3
      523 37 FAMOUS CONTAINER UNES lipS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) Weekly Sailing To a I I AUSTRALIAN PORTS FOR MORE DETAILS CALL KEN SIM IVERON ONG *****33 P. KLANG PH: 0203/*****33 (20 UNES) PENANG PH: 0204/*****7 (10 UNES) J. BAHRU PH: 0207-*****22 EX PASIR GUDANG
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      Page 39 Advertisements Column 1
      28 39 To retrieve more schedules, Just follow these simple steps... your key in the four number code fax number To YORK ffWCH JW for calls within Singapore Uftftl&d Stßt&s
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      Page 41 Advertisements Column 1
      453 41 W««kly LCI A FCI Services to Caribbean ii hipping 8 Central America MORCINC MA9SK NMMK 9704 9706 Port Country 24/03 30/03 Baliz* City Belize 26/04 03/05 Bridgetown Barfeodos 29/04 06/05 Cortageno Colombia 28/04 05/05 Cailries St. Lucia 28/04 05/05 Fort de France Martinique 29/04 06/05 Freeport Bahamas 24/04 01/05 Kingston
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      Page 41 Advertisements Column 2
      1265 41 ADVANCE CONTAINER LINES (PTE) LTD —/VC* 140 Cecil Street #12-00, PIL Building, Singapore *****0 Li TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E EAHOKO* II JAMJUI¥A (5 SMnaUWMk to PAT, 3 SaWM to BMT, 2 SaMta* to LCM) >4 SalllM«/WMk> i J —i—= VESSEL VOY SIN BKK
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      Page 41 Advertisements Column 3
      908 41 **********07 VESSELS VOY SX JBP PSO LEH HAM RTM THP ANR VM-LE D 6 CAWNA CI9W 26X33 04AM 06AM ISAM 18AM ISAM i»O4 2CVO4 VILLE DC SAGTTTA SIMf 31A» OMM 11AM 20/04 21/04 23AM MAM 25AM WJ-E DC NORMA NI9W 07AM 16AM IMM 27AM MAM 30AM OVOS 02/06 VLLEDEGBMMA HI9W
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      Page 42 Advertisements Column 1
      913 42 r BAMQKPK ZH\ PT KILANQ WSCL VOY SIN BKK VESSEL VOY SIN PKL imtA BHUM 339W Tu» In Pt St 29/03 BUNOA SEROJA TOW Tuo In Pt Wod gjW jpHU BHUM" 323N Wd 28/P3 St 2WQ3 OURU BHUM 7733 Wod 2BAXS Frt 28/03 HBHABHUM 194N Thu 27/03 Sun 30/03 BUNOA
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      Page 42 Advertisements Column 2
      446 42 POL INTERNATIONAL My MaM tajmd Ma Wvk* Mad I hate Rm4 On Sdtap bNmo to Ctl t IMapta S<X Cf» (Dry /ImM to 4 4rthr w Mm HMM mM w writ mmUmi VOT I SJM I JKT I IM I 4ss IWWnB I JI/OJT 9 I ti/M Z H4S IM/M
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      Page 42 Advertisements Column 3
      465 42 A 4CCORD A SHIPPING PTE LTD Til: *****56 (40 Umm) MUtt HSU44 KMT OA* fUDM7 mi B WL, OMICT ACCCSS TH. 1115SSS7 (DtPOtT BOOKMO) MMGUMUK \V7 225M57 (IXFOtT DOC), SSM4M (MIWOKT) fOMM t ls4/SUI44t ueuHnFV/wwwjkOCMeD.eo«kSO MUIH m)Mosm fon nisiw >otT lumi nb imwi 1 wmtt msiw (FAR EAST) (INDIA) (MOM
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      Page 42 Advertisements Column 4
      185 42 BINTANG MAS SHIPPING PTE. LTD. hhl road, smqapore oaot TEL: *****88 FAX; *****64 MHtV CR Not *****M0000W IkcrtntagOwportPTl I l**l I l .'Mu— I vnsa ma o sai m m m BBBm I IMm 1 nsse~iUMt ma m m m na ma m ssmkmb SSSSs r"HKBG™n i I HHDHMLJ I
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      Page 43 Advertisements Column 1
      444 43 SINO IXPRISS SHIPPING f 11 COLLYER QUAY #06-01 THE ARCADE iSINOTRANSI J 8 (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 BINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Vtssa VOYA6C ETA SIN EIA HKG ETA SUA 6. WEI 9708 28/03 02/04 ***** 6. LUCK 9708 04/04 09/04 "H/M 0. GLORY 9710 11/04 14/04
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      Page 43 Advertisements Column 2
      186 43 MV "KOU HAMAH" V. HMOO3 ETA SIN 29/03 MV "NYK PROVIDENCE" 03S ETA SIN 05/04 I FREMANTLE MV "LIBRA AUSTRALIA" V. 11l ETA SIN 31/03 I CALL BOOKING: 220-2022 MARILYN/YONG/HAMIDAH/MAS/LOOI consolidation, warehousing, transportation, I HOUSEHOLD REMOVAL AND AIR CARGO SERVICE LCL CONSOLIDATION SERVICE «|MiI«W9«Uw/WShI««M« imiMMi Ira 11. Cl»ywOOf yftl TOKYO/YOKOMAMA/HOiQOYA/KOt
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      Page 43 Advertisements Column 3
      103 43 I IRENE 26/03 30/03 RdnVAtWOrrrVUK .1 DELTA STAfI 12/04 RdrrVAIWBmnAJK/Kart fl ■CANALP 15/04 RdnVAtw/UK/N«i —>■ Loads EVW. l.l—, rta. mrtonf --J J EwcKrSTAL *1 ■A VERMEZ HodaUah/JsdiWVEgypt Jt ■GLOBAL JANE tabai/A. OhebVßahrHrVDemrrwVKuwi*! *J ■OZGUR AKSOY Lo» An B »l«»/H»i Ort—vOtl— NortoWCmtan I ■HIKAPTANOGLU \£*ygmA*wOMOmto+xt^'. I BPINAR KAPTANOGLU I Nortofc/Camden '""iM
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      Page 44 Advertisements Column 1
      458 44 Shipping Times -BUSINESSCENTRE »> Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. y To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. Fast, Reliable and Committed to you when it comes to
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      Page 44 Advertisements Column 2
      330 44 Products/Services Turnkey Factory Automation System Automated Storage and Retrieval System v J 101 ISH Pj iJ J Jll km I 11 vvlni ■■■Pm I-. j ii um LuJi v I im FU V-*£*r r vJll > lucm Avenue 13 iMP|k mwn sK>i ™y wurßnoui® |§f 10,000 square metres currently available
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  • Page 45 Miscellaneous
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      129 45 1 lEGENO: R Thunderstorm TempefOture o c A y Shower Weather Wmd (Vection with speed in knots ee Rom U Cloudy Sky Wov h «'9 h winds ore Hidicoted by arrows which fly with the wind j One fu« circle represents calm or bght and vanoble winds J_* One hoM
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