The Business Times, 25 January 1995

Microfilm: NL19766
Total Pages: 46
1 46 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Wednesday January 25 1995 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Alfa Romeo to drive out of North America
      66 1 Reuter DETROIT After years of losses, Italian sports car maker Alfa Romeo yesterday said it will stop selling cars in the US and Canada at year-end. The maker of flashy and expensive sports cars said it had suffered significant losses and could
      Reuter  -  66 words
    • Article
      Lock icon Chevron's profits up 78%
      41 1 AFP SAN FRANCISCO US oil company Chevron yesterday said that its profits had risen by 78 per cent to US$525 million (SS76I million) for the fourth quarter, against US$294 million for the same period last year. AFP
      AFP  -  41 words
  • Article
    MARKET SUMMARY
    166 1 Stock market indices Tuesday Change STII 1,919.12 +2.18 KLSE Comp 840.87 -9.23 Nikkei 18,060.73 +275.24 Hang Seng 7,022.90 +54.97 SET Index 1,193.35 +2.09 Jakarta Comp 435.46 -0.7 CLSA China B 809.66 -7.65 Aust All Ord 1,862.0 +0.2 FTSE 100 2,969.0 +14.8 Tuesday Previous lpm EST close Dow Jones
    166 words
  • Article, Illustration
    Lock icon Nikkei rebound and finn Wall St stem region's slide
    459 1  -  STII edges up 2.18 points, but funds hold ofT buying By R Sivanithy SINGAPORE After Monday's battering, regional stock markets yesterday managed a tentative recovery, following a steady overnight session on Wall Street and a rebound in Japan. Analysts had feared
    Source: Bridge Info  -  459 words
  • Article
    Lock icon Doubts over strength of Japanese market
    328 1 Reuter TOKYO Stocks closed firmer on a technical rebound yesterday after Monday's plunge, but brokers said many market participants lacked confidence about the short-term direction of prices. "It is too early to say that share prices have bottomed out. Today's gains were due to
    Reuter  -  328 words
  • Article
    PM Goh, Zhu Rongji to meet in Davos
    305 1  -  By Catherine Ong SINGAPORE Prime Minister Goh Chok Tong is scheduled to have a meeting with Chinese deputy premier Zhu Rongji at the World Economic Forum (WEF) in Davos, Switzerland, on Friday. The meeting will take place barely hours after Mr Goh
    305 words
  • Article
    Biscuit king Pillai buying lb baht stake in Thai food company
    471 1  -  From Loh Hui Yin in BANGKOK BUSINESSMAN Rajan Pillai. who is being tried on charges of criminal breach of trust in Singapore, has cut a one billion baht deal here for a stake in a listed Thai food company.
    471 words
  • Article
    Lock icon Dow up 3 points at 2am
    90 1 Reuter NEW YORK Blue-chip stocks drifted slightly higher yesterday on uncertainty about interest rates and Congressional approval of a financial aid package for Mexico. The Dow Jones industrial average was up 3.03 points at 3,870.44 at 1 pm EST. In the broader market, ad-
    Reuter  -  90 words
  • Article
    S'pore property stocks look bleak: broker
    321 1 SINGAPORE Local property stocks yesterday may have managed a minor recovery in line with the overall market, but the outlook for these counters still looks bleak, at least according to brokers Morgan Grenfell Asia Securities (MGA). In a Jan 23 report entitled "Residential Property
    321 words
  • Article
    KL bourse bucks trend with 9-point fall
    325 1  -  From Ho Kay Tat in KUALA LUMPUR GOING against the trend among major regional stock markets, the Kuala Lumpur market fell yesterday, with brokers seeing more downside on expectations of further selling by foreign funds and little local buying support. The Kuala Lumpur
    325 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      147 1 Mode* No 9003 $220.00 CONTENTS Some News 2 S poreWsia .15.16,17 Rtvonai Ne*s 3.4.5 Financial 19.20 World News 8 Futures Markets Reg Analysis 13 Cloto/KISE. SES 24 26 Editorial 12 Regional .22 Sports 9 World 23 IV/Litestyie 11 Currencies 20 World Focus 6 Simex/Commo 20,21 US economy grew at 4.25%
      147 words
    • Advertisement
      Page 1 Advertisements Column 2
      15 1 Bargain-hunting lifts Hang Seng Index, Pg 16 Thai brokers told not to force-sell, Pg 16
      15 words
    • Advertisement
      Page 1 Advertisements Column 3
      12 1 ffcri ImHl A marketplace for ideas that shape the world, Pg 6
      12 words
    • Advertisement
      Page 1 Advertisements Column 4
      94 1 ■Ihm iJm: h tj/Lfffkr nttt me om the earth THE GREAT SEAFOOD THEATRE FEAST 1995 Business Lunch Family Dinner Feast All You Can For Just $23. That's 50 delightful dishes in all! Featuring the best of Seafood Theatre Restaurant's much talked-about seafood and Cantonese cuisine. All you can eat. At
      94 words
    • Advertisement
      Page 1 Advertisements Column 5
      9 1 9 Plywood plunge (o hit Aokam's earnings, Pg 25
      9 words
Page thumbnail Page 2
  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Bank loans show healthy growth
        272 2  -  By Quak Hiang Whai DESPITE rising interest rates, bank lending grew briskly in November last year, reflecting the strength of the real economy. Total loans and advances by commercial banks in Singapore were $90.8 billion, or 2.2 per cent more month on month and almost
        Source: MAS  -  272 words
    • Article, Illustration
      Maxtor shifts focus to mainstream desktop, notebook products
      412 2  -  By Claire Leow AMERICAN disk drive company Maxtor Peripherals will focus this year on mainstream desktop and notebook products, as part of strategic changes launched to stem its losses. Patrick Ngo, president for Asian operations and managing director of the Singapore facility,
      412 words
    • Article
      Workshop looks at women's health care concerns
      231 2 A FOUR-DAY workshop on gender, health and sustainable development opened yesterday. It is aimed at producing and disseminating findings on these issues and establishing a long-term research-and-action women's health network in the Asia-Pacific. The findings from the workshop organised by the International Development
      231 words
    • Article
      STIC-led projects in Wuxi make progress
      316 2  -  One gives tenant land, the other starts piling work By Teh Hooi Ling TWO projects in China led by Singapore Technologies Industrial Corporation (STIC) recorded "firsts" yesterday. They were the Wuxi-Singa-pore Industrial Park (WSIP), which handed over its first plot of prepared land to
      316 words
    • Article, Illustration
      Lock icon Ikea to move to its own building at Alexandra Road
      204 2 IKEA will be moving from its present store in Amber Close to its own building at Alexandra Road, which will be ready in August. It will give up the Amber Close store. The new outlet, near Queensway shopping centre, will
      Photo by Arthur Lee  -  204 words
    • Article
      It's curtains for Orchard Theatre next month
      132 2 SINGAPORE Resource Piling will begin demolition work on Orchard Theatre on Feb 6, and is expected to complete the job by month's end. In its place, will rise a $90 million nine-storey entertainment centre called The Orchard. To be opened in 1997, The
      132 words
    • Article, Illustration
      Lock icon Newspapers face serious challenges in wake of high-tech
      360 2  -  By I Corinne KerK THE impact of higher technology means newspapers must raise the quality of information, find new ways of disseminating it quickly and effectively, separate opinion from hard reporting and most importantly, raise the quality of staff. These were the
      Photo by Lim Sin Thai of The Straits Times  -  360 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      218 2 V\ ht h. Mli For Homo or Office deliveries of: Straits Times, Sunday Times, Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotline 1800-749-2577. What is holding vou back from learning a language? you have no time to attend classes K| you think that
      218 words
    • Advertisement
      Page 2 Advertisements Column 2
      116 2 irrj»» #1 OFFSHORE I WVI COMPANY SPECIALISTS I With a worldwide team of 125 multi-disciplined 1 professionals and a network of international I offices, OCRA provides confidential and cost I effective company formation in all the major low I tax areas including: ♦BRITISH VIRGIN ISLANDS BAHAMAS IRELAND I •WESTERNSAMOA MAURITIUS
      116 words
    • Advertisement
      Page 2 Advertisements Column 3
      40 2 Financial News IVJ|j9| A Quick Look At The I I Markets I Call 24 hours a day I I SES KLSE midday I reports, I I market reports and Cost: 30 cents a minute Organised by: An SPH AudioTex Service
      40 words
    • Advertisement
      Page 2 Advertisements Column 4
      26 2 f JUST CALL 1800-737-1166 Make the connection through The Straits Times Classified when you're looking for bargains or looking for customers. Just give us a call.
      26 words
Page thumbnail Page 3
  • SOUTH-EAST ASIA
    • Article, Illustration
      S'pore urged to help develop East Asean economic union
      383 3  -  By Conrad Raj in MANILA PRESIDENT Fidel Ramos wants Singapore to play a role in the development of the East Asean Growth Area (EAGA), which brings together eastern Indonesia, East Malaysia, Brunei and the Philippine island of Mindanao in a loose
      383 words
    • Article
      Lock icon Vietnamese minister laments parlous state of capital market
      222 3 AFP HANOI Vietnam's lack of a stock exchange a driving force of capitalist economies serves to highlight the poor state of the country's capital market, Vice-Finance Minister Tao Huu Phung said yesterday. Writing in the Vietnam News, he said the country needed
      AFP  -  222 words
    • Article
      Lock icon Mahathir to KTM: focus on completing electric train project
      421 3 Bernama KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad yesterday directed KTM Bhd to concentrate on completing the Msl.s billion (SSBSS million) electric commuter train project so that the service can operate as soon as possible. Dr Mahathir believes the project can
      Bernama  -  421 words
    • Article
      Lock icon KL backs China bid to rejoin Gatt: Rafidah
      254 3 Bernama KUALA LUMPUR Malaysia is supportive of China's application to rejoin the General Agreement on Tariffs and Trade (Gatt), International Trade and Industry Minister Rafidah Aziz said yesterday. Malaysia would like to see China admitted as a member of the World Trade
      Bernama  -  254 words
    • NOTE BOOK
      • Article
        Lock icon Jakarta in talks to promote exports
        90 3 AFP JAKARTA Business groups are being consulted by the Indonesian industry ministry in a bid to revive flagging exports. Industry Minister Tungky Ariwibowo yesterday said exports of industrial products during 1994 grew by an estimated 11-to-12 per cent, well short of the 17 per
        AFP  -  90 words
      • Article
        Lock icon Marcos estate loses bid over payment
        57 3 AFP WASHINGTON The estate of former Philippine president Ferdinand Marcos has lost a bid to avoid paying US$l.2 billion (551.74 billion) to victims of his iron-fisted rule. The US Supreme Court let stand without further comment a US$l.2 billion award against the estate, which
        AFP  -  57 words
      • Article
        Lock icon Vietnam dismisses China's protests
        84 3 Reuter HANOI The Vietnamese foreign ministry has dismissed Chinese protests against Hanoi's activities on the disputed Spratly Islands. In a statement issued late on Monday, the ministry reaffirmed Vietnamese sovereignty over the Spratlys and said its activities in the area conformed to international law. "Activities done
        Reuter  -  84 words
    • Article
      Lock icon M'sian business bullish about China but wary of laws, labour problems
      377 3 Reuter KUALA LUMPUR Top Malaysian businessmen said yesterday they are bullish about investing in China, but sounded a note of caution about its regulatory and labour pitfalls. While praising China's open market policy, the chief executive officers of several
      Reuter  -  377 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      162 3 L&M, Liang Court sign deals in Philippines, Pg IS Uncompromising sukhothai' s decor Every one the J floors (Hp dupiays of Wm'» exqmsite Thai 'tone and wood earrings. wluU the furniture it upholstered in nothing less than aAI.ONCi historic Boat Quay stands a You'd have to dine at Sukhothai to
      162 words
    • Advertisement
      Page 3 Advertisements Column 2
      320 3 gfc Find out today if W your hair aria scalp condition can benefitfiom this K—' Jl,. remarkable j new procedure. Call for a free professional examination today to see if your present hair and scalp condition can benefit from the amazing TOTAL HAIR RESTORATION procedure. It's real natural hair, it's
      320 words
Page thumbnail Page 4
  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Deng's death may rock Asian markets but effect will be short-lived: analysts
      607 4 Reuter HONGKONG When China's patriarch Deng Xiaoping dies Asian markets may tremble, but analysts said yesterday that they believed long-term prospects depended on factors more profound than the health of a 90-year-old man. Mr Deng's impending death and
      Reuter  -  607 words
    • Article
      Lock icon Controversy clouds China's second Apstar satellite launch
      382 4 Reuter HONGKONG A repeat controversy surrounds the launch of China's second commercial Apstar satellite tomorrow, as Apstar tries to elbow into the crowded skies over Asia without agreement from a nearby Thai competitor. Apstar 2, whose clients include two Ted Turner TV channels,
      Reuter  -  382 words
    • Article
      Lock icon Jiang relaunches anti-corruption drive
      230 4 AFP BEIJING Chinese Communist Party Secretary General Jiang Zemin has strongly relaunched his anti-corruption campaign and called on party members to continue their fight against "decadence", reports said yesterday. All major newspapers published front page articles on the Chinese president's speech on Monday before the party's
      AFP  -  230 words
    • Article
      Lock icon China's new labour law gives workers extra pay for overtime
      284 4 Bloomberg Business News HONGKONG Workers in China will get 150 per cent to 300 per cent extra wages for working overtime, according to a new law issued by China's Ministry of Labour. The government-owned China Daily yesterday said that the
      Bloomberg Business News  -  284 words
    • CHINA WATCH
      • Article
        HK to set up trade office in S'pore
        83 4 HONGKONG The territory is planning to set up trade offices in Singapore and Australia this year to enhance its economic ties with members of the Asia-Pacific Economic Cooperation forum (Apec), the Hongkong Economic Journal reported on Monday. Chau Tak-Hay, secretary for trade
        83 words
      • Article
        Lock icon Beijing, Taipei close to pact
        98 4 AFP BEIJING China and Taiwan could sign an agreement on repatriating hijackers and illegal immigrants as early as tomorrow, sources said here yesterday during the second day of high-level talks. Tang Shubei, chairman for the mainland Association for Relations Across the Taiwan Strait (Arats), and
        AFP  -  98 words
      • Article
        Lock icon HK November retail sales up 3%
        66 4 Bloomberg Business News HONGKONG The volume of retail sales rose 3 per cent year-on-year in November to HKSI6.4 billion (Ss3 billion). Consumers bought 23 per cent more clothing and footwear, and 14 per cent more durable goods, except motor vehicles, year-on-year in November, the
        Bloomberg Business News  -  66 words
      • Article
        Lock icon Seven in car theft ring arrested
        81 4 AFP TAIPEI Seven people have been arrested in connection with a car theft ring that sold some 25 stolen Mercedes Benz sedans to a dealer in China, police said yesterday. The officers said two of the seven, and an accomplice still at large, were
        AFP  -  81 words
      • Article
        Lock icon Fire in China store kills nine
        65 4 AFP BEIJING An early-morning inferno in a department store in the south-eastern city of Jiujiang has left nine people dead and two injured, the Workers' Daily reported yesterday. The blaze broke out at 3am on Friday in the Dazhong Department Store in Jiujiang, in
        AFP  -  65 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      167 4 Even The Price Is I Straightforward. yr """•«2r J -??ST M z' f!( l m i m 7 i *'Miifli i l f 8 f m .J£& t I Mil* fill $799.oa^^^^ The Brother Laser HL-631With Straight Paper Path Technology. For Faster Printing, No Paper Jams. r o The affordable
      167 words
Page thumbnail Page 5
  • REST OF ASIA
    • Article
      Lock icon Japan's trade surplus hits new high of US$ l2lb
      501 5 AFP TOKYO Record surpluses with Asia and the United States pushed Japan's trade imbalance up by 0.8 per cent last year to a new all-time high of US$ 121.2 billion (S$ 176 billion), the Ministry of Finance said yesterday. But it
      AFP  -  501 words
    • Article
      Strong Aussie growth could lift inflation above target rate: banker
      293 5  -  By Donald Turner SINGAPORE Robust economic growth in Australia would be accompanied by a rise in the country's headline inflation rate to 4.5 per cent in 1995-96, higher than the official target, a leading Australian banker forecast yesterday. ANZ Banking
      293 words
    • Article
      Lock icon NZ raps US dairy sale plan
      147 5 Reuter WELLINGTON New Zealand government ministers yesterday said they would raise concerns with Washington about its planned sale of heavily subsidised dairy products in Asia, and one called the US move hypocritical. "We will make certain that the Americans are very well aware of
      Reuter  -  147 words
    • Article, Illustration
      Lock icon Back to school
      33 5 AFP KOBE Students reuniting on Monday at an elementary school here six days after Jan 17's earthquake. Classes resumed in 188 of the 562 schools in the affected area. AFP
      AFP  -  33 words
    • ASIA NOTES
      • Article
        Lock icon Kobe rebuilding to top 6 trillion yen
        70 5 Reuter TOKYO Reconstruction costs for damage caused by last week's earthquake in central Japan will total well over six trillion yen (SsB7 billion), an official in the worst-hit area said yesterday. As of yesterday, the quake left 5.060 dead, with 102 people missing.
        Reuter  -  70 words
      • Article
        Lock icon Seoul won't intervene to support bourse
        54 5 Knight-Ridder SEOUL The government will not intervene to support the falling South Korean stock market, said Finance and Economy Minister Hong Jae Hyong yesterday. The Seoul stock market has plunged in value since the end of last year on rising interest rates and tight
        Knight-Ridder  -  54 words
      • Article
        Lock icon S Korean ruling party to change name
        62 5 Reuter SEOUL South Korea's ruling party yesterday decided to change its name from the Democratic Liberal Party to Unification Korea Party and also to choose some senior party officials through open competition. A party spokesman said the name change was expected to go
        Reuter  -  62 words
      • Article
        Lock icon Bomb thrown at Bangladesh PM's car
        38 5 AFP DHAKA A crude bomb was hurled yesterday at a motorcade carrying Bangladesh Prime Minister Khaleda Zia after she inaugurated an international investor's conference, but no one was injured, witnesses said. AFP
        AFP  -  38 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      152 5 hotelfo^salT Quality Hotel Auckland Airport The Auckland hotel market is performing strongly, with significant growth in demand. No major hotel has opened in Auckland since 1991. Auckland International Airport handles around 80% of New Zealand's international arrivals. The Quality Hotel Auckland Airport is well positioned to take advantage of this
      152 words
    • Advertisement
      Page 5 Advertisements Column 2
      183 5 We encountered a few obstacles on the road to success. full-width beams provide side-impact protection. More than just a few obstacles, in fact. It is no surprise then, that the Accord is the first Because we conducted hundreds of real-time Japanese car to crash tests on the new Accord to
      183 words
Page thumbnail Page 6
  • WORLD FOCUS
    • Article, Illustration
      A marketplace for ideas that shape the world
      1388 6  -  The World Economic Forum Reports by Catherine Ong WHFRI: can one get a clearer perspective of the turbulent world we live in than high up on a mountain, where the air is crisp and fresh and one is away from the hurly-burly
      1,388 words
    • Article
      More than just another meeting of top guns
      265 6 SINGAPORE Detractors may call the annual World Economic Forum (WEF) meeting at Davos a talk-shop, or worse a jamboree, where the rich and powerful sojourn every January for the mountaintop thrill of meeting other rich and powerful. The luminaries, from presidents to
      265 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      58 6 Express wc ||ggfi' »>• x: is shipping a customer's i 'V,f| »j[ h because we course has to be ImKhKI K the we operate M ver SO, no mattor how eavy r l^hl, your X "'I shipment always gets airborne and you're assured of a time-definite delivery. The next time
      58 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      69 7 q p Thanks For Involving Us In Last Year's Most Interesting DEVELOPMENTS DEALS I In 1994, we received sole agency instructions for nearly one and a half million square feet of office space and sold more than 1,400 residential units. To top it off, we closed record-breaking investment deals worth
      69 words
Page thumbnail Page 8
  • THE WORLD
    • Article
      Lock icon Fed poised to raise interest rates again: analysts
      651 8 Bloomberg Business News WASHINGTON Don't be fooled into thinking a lacklustre December factory orders report in the United States on top of a decline in retail sales during the month will stop the Federal Reserve from raising interest rates again. Fed policy
      Bloomberg Business News  -  651 words
    • Article, Illustration
      Lock icon Are things any better now?
      60 8 Reuter LMATY, Kazakhstan A Kazakh man, holding a picture of former Soviet dictator Josef Stalin, raising his fist as he took art in a protest in the Kazakh capital of Almaty on Sunday. The rally was organised by Kazakh trade unions as a protest against
      Reuter  -  60 words
    • Article
      Lock icon BBC, Pearson to launch 24-hour TV news channel to rival CNN
      379 8 AFP LONDON The BBC and British media company Pearsons will launch tomorrow, BBC World, a 24-hour international television news and information channel, which will initially broadcast to Europe, the United States next month, and later to the world. "The
      AFP  -  379 words
    • Article
      Lock icon Yeltsin sacks privatisation chief
      113 8 Reuter MOSCOW Russian President Boris Yeltsin has relieved Vladimir Polevanov of his dual responsibilities as a deputy premier and as head of the Russian Privatisation Committee. Interfax news agency yesterday said Mr Polevanov, appointed as part of a major government reshuffle following Russia's Oct 11 Black
      Reuter  -  113 words
    • Article
      Lock icon Republicans' tax relief plan unlikely to see light
      554 8 NYT WASHINGTON The only item in the congressional Republicans' "Contract With America" that was meant strictly to be a boon to business appears to stand no ehancc of becoming law. The measure, which is supposed to give businesses more generous tax deductions
      NYT  -  554 words
    • Article
      Lock icon UK govt to sell part of Treasury building in privatisation effort
      418 8 Reuter LONDON Britain's Conservative government yesterday unveiled plans to sell oft" part of London's huge Treasury building, practising what it so often preaches about the merits of privatisation. Finance minister Kenneth Clarke a zealous advocate of forcing public monoliths
      Reuter  -  418 words
    • Article
      Lock icon Lotus cuts software prices, makes deals to boost market share
      369 8 Reuter ORLANDO. Florida Lotus Development Corp launched a pre-emptive strike on Monday against Microsoft Corp by slashing prices on its popular Notes client and server software and unveiling deals with IBM Corp. Apple Inc and other companies to boost its
      Reuter  -  369 words
    • Article, Illustration
      Lock icon Mexico outlines plan to stabilise economy
      510 8 AP Reuter Bloomberg Business News MEXICO CITY Treasury Secretary Guillermo Ortiz has outlined a three-point programme to stabilise Mexico's economy and said US loan guarantees would help the country escape the burden of short-term debt. "The economic strategy we are proposing incorporates the difficult
      AP; Reuter; Bloomberg Business News  -  510 words
    • Article
      Lock icon Mexico given ample warning about collapse of economy
      573 8 NYT WASHINGTON While the Clinton administration and the Mexican government were saying until late last year that Mexico was a booming example of an emerging market that would bring wealth to workers in both countries, warnings were running rampant in both capitals
      NYT  -  573 words
    • WORLD WATCH
      • Article
        Lock icon EU urged to help beef up Japan role
        103 8 Reuter BRUSSELS European Trade Commissioner Leon Brittan said the European Union should look at ways of helping Japan to fulfil its growing desire to play a stronger political role in the world. Mr Brittan's spokesman said he told EU foreign ministers that
        Reuter  -  103 words
      • Article
        Lock icon US looks at centralised statistics body
        87 8 Reuter WASHINGTON The idea of a centralised agency handling many government statistics is being broached amid calls by Republicans to overhaul the Consumer Price Index, and fears that official economic data may become politicised. Experts push the concept or say it is worth more
        Reuter  -  87 words
      • Article
        Lock icon EU nod on Vietnam cooperation accord
        113 8 AFP BRUSSELS European Union (EU) fcfreign ministers on Mondav threw out a bid by three member-states to make Vietnam agree to take back its expatriates in Europe as part of a tradebased accord. Germany, Denmark and the Netherlands had argued for the proposed cooperation
        AFP  -  113 words
      • Article
        Lock icon Paris vows to curb public deficit further
        96 8 Bloomberg Business News PARIS Economv Minister Edmond Alphandery on Monday pledged renewed efforts to curb the public deficit, a task he said will be made easier by economic recovery. The fall in public deficits was alreadv well under way. but an effort was
        Bloomberg Business News  -  96 words
  • Page 8 Advertisements
Page thumbnail Page 9
  • SPORTS
    • Article, Illustration
      Lock icon Emotional Sampras keeps title hopes alive
      649 9 Australian Open Reuter AP MELBOURNE World number one Pete Sampras, crying openly on court in one of the most unusual and emotional scenes ever witnessed in tennis, hung on for a stirring fiveset win over twice champion Jim Courier at the Australian Open yesterday.
      Reuter; AP  -  649 words
    • Article
      Lock icon Stronger Chang powers into semifinals
      537 9 AP MELBOURNE Michael Chang has always been fast. Now he is also stronger and fitter. Those attributes on Tuesday helped lift him into the semifinals of the Australian Open the first time he has progressed so far at a Grand Slam since the 1992 US
      AP  -  537 words
    • SIDELINES
      • Article
        Ramos, Palmer in golf shootout
        139 9 MANILA Philippine President Fidel Ramos and golfing great Arnold Palmer shared the spotlight with a host of showbiz and sporting personalities in the Johnnie Walker Classic Celebrity Shootout at The Orchard Golf Country Club on Tuesday. The curtain-raiser to the fifth JW Classic, which starts
        139 words
      • Article
        Lock icon Selangor wants Aussie soccer star
        125 9 AFP MELBOURNE Australia's hottest young football talent, Mark Viduka, has been encouraged to accept a Asl million (SSl.l million) offer to play with Malaysian club Selangor. Former national team player Alan Davidson, who has spent the past three seasons with Malaysian league rival Pahang, said
        AFP  -  125 words
      • Article
        Lock icon Hick gets over back injury for 4th Test
        99 9 AP BENDIGO. Australia England batsman Graeme Hick is struggling to overcome a back injury in time to play in the fourth cricket Test against Australia, which starts tomorrow in Adelaide. Zimbabwe-born Hick, who has been troubled by sciatica all tour, spent Monday
        AP  -  99 words
      • Article
        Lock icon Vote for Winter Olympics host nation
        105 9 AP LAUSANNE The International Olympic Committee was to select four finalists yesterday from nine candidates bidding for the 2002 Winter Games. The gap between the strong and weak candidates is so wide that there appears little doubt over who will make the cut and
        AP  -  105 words
    • SPORT SHORTS
      • Article, Illustration
        Badminton
        127 9 TOKYO U*****,000 (S$181,000) Japan Open Men Ist Rd yesterday: Gc Cheng (Chi x 9) b Ronald Magnave (Phi) 15-7 15-3; Jerocn van Dijk (Neth *9) b Sarwar Hussain (Bang) walkover: Rashid Sidek (Mai x 9) b Takaaki Hayashi (Jpn) w.0.; Hermawan Susanto (Indo x 5) b Pontus Janti (Fin)
        127 words
      • Article, Illustration
        Basketball
        20 9 NEW YOKK NBA on Monda>: Charlotte 102 LA Lakers 108; Cleveland 90 LA Clippers 68; Utah 116 Dallas 111.
        20 words
      • Article, Illustration
        Golf
        194 9 PON I K VEDRA, Florida US PGA lour leading mone> winners (US unless noted): I Phil Mickelson U*****.250 2 John Morse 216.000 3 Steve Elkington (Aust) 180.000 4 Tom Lehman 140.850 5 Jim Gallagher 117,820 6 Bill Glasson 117.600 7 Scott Simpson 112.460 8 Bruce Lietzke 108.000 9 Dully
        194 words
      • Article, Illustration
        Motor-rally
        92 9 MONTE CARLO leading standings in the Monte Carlo rally after eight timed stages yesterday: 1 Carlos Sainz (Spn) Subaru Imprcza, two hours 33 minutes 30 seconds 2 Francois Delecour (Fra) Ford Escort 9 seconds behind 3 Tommi Makincn (Fin) Mitsubishi Lancer 1:24 4 Juha Kankkunen (Fin) Toyota Celica 2:22
        92 words
      • Article, Illustration
        Tennis
        124 9 MELBOURNE LSS6.2 million Australian Open quarter-finals yesterday Women: 4-Mary Pierce (Fra) b 8-Natalia Zvereva (Bcla) 6-1 6-4; 2-Conchita Martinez (Spn) b 6-Lindsay Davenport (US) 6-3 4-6 6-3. Doubles: 2-Jana Novotna (Czc)/Arantxa Sanchez Vicario (Spn) b 8-Lori McNeil (USVHelena Sukova (Cze) 6-0 6-3; 4-Larisa Neiland (Lat)/Manon Bollegraf (Neth) b Kristie
        124 words
    • Article, Illustration
      Lock icon NFL owners' big bucks pay dividends
      649 9 Run-up to Super Bowl XXIX AFP MIAMI San Francisco 49ers' owner Ed Deßartolo knew the money he spent on little extras for his players would return championship dividends. San Diego owner Alex Spanos found out the lessons of Scrooge the hard way, seeing success
      AFP  -  649 words
    • Article
      Lock icon How bookies figured out the betting line
      760 9 Bloomberg Business News NEW YORK Last week, the San Diego Chargers upset the Pittsburgh Steelers. 17 to 13, when a fourth and goal Pittsburgh pass failed to connect in the San Diego end zone. As soon as the ball hit the ground, a
      Bloomberg Business News  -  760 words
    • Article
      Lock icon Mental sports practice helps brain to be on the ball: study
      297 9 AP NEW YORK Brain scans shed light on how people may improve their tennis or golf games by simply imagining they are whacking the ball. The mental practice turns on most of the brain circuits used when a person
      AP  -  297 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      54 9 ffifj Leisure Court KTV Lounge No. 1018, East Coast Partway, #01-018, Leisure Court, S'pore 1544 (Singapore Tennis Centre) T«l: 449 7680 I Post renovation Special Promotion Happy Hours (3 pm 8 pm) Karaoke Hall: $5 per person (includes first drink) KTV room: $15 first hour 2nd and 3rd hour $8.
      54 words
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      1081 10 Nothing Beats A Bud. H w/fl WHERE to wine, dine and entertain of A LUNAR NEW YEAR I CELEBRATION Come celebrate this joyous occasion at Plaza Hotel. y. Pinner %C/ Jg 1 30 January i V x 556& per table J* N Reunion Dinner 30 January 14 February *c. V\
      1,081 words
    • Advertisement
      Page 10 Advertisements Column 2
      450 10 =^bi fancy 'Beijing? Then, we're delighted to suggest the "Pine Court for a memorable dining experience. Our lunch menu offers a variety of dian tin 'Beijing dumplings, a selection Khl[/V! of set menus, and "Beijing specialities BnlfYi such as Qeijing VucK'Bailed Tench and Oh* l Marinated Lamb, fancy some now?
      450 words
Page thumbnail Page 11
  • LIFESTYLE
    • Article, Illustration
      Lock icon Western outlook, Asian heart
      492 11 Vietnamese film-maker Tran Anh Hung, who is based in France, stands at the crossroads of the East and West AFP TWO YEARS after the triumphant opening of The Scent of The Green Papaya, the Fran-co-Vietnamese film-maker Tran Anh Hung is finishing shooting his second feature. Cyclo.
      AFP  -  492 words
    • CHATTER BOX
      • Article
        Lock icon More flesh from Moore
        246 11 AP AP AP DEMI MOORE is on another magazine cover, and you guessed it she isn't wearing any clothes. The 32-year-old actress, who posed in the nude before and after childbirth for Vanity Fair, is clutching her bare breasts on the cover of February's Rolling Stone.
        AP  -  246 words
      • Article
        Lock icon Cory Aquino sets price for settling feud with Kris
        244 11 Reuter FORMER Philippine president Cora/on Aquino will reconcile with her daughter Kris only if the young woman drops the man who got her pregnant, a family source said yesterday The source was commenting on Kris' tearful appearance on Monday night on
        Reuter  -  244 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      336 11 WHERE TO (NINE, OINE AND ENTERTAIN (ttairnlftll Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1150+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 A NEW YEAR, A New Experience... This
      336 words
    • Advertisement
      Page 11 Advertisements Column 2
      126 11 Savour the best seafood in a relaxed garden-style atmosphere. All the freshest catch of the day right here at the new Sun Laguna Seafood Restaurant. Choose from scrumptious black pepper crab, spicy fish Thai style, steamed prawns and many other delicious hot favourites. So, don't miss a sumptuous seafood selection
      126 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1071 11 TV RADIO I j Italian-French production of the Turgejie\ The _I9B^ ot a small boat in a storm. Find out how the predatory hvena fell prev to man and while a hospital administrator ft deals with a gunman. d,sease ,n Far "»'*">ns, 9pm, Ch 12 rhannoi 19 10 00 M
      1,071 words
Page thumbnail Page 12
  • Article
    Yeltsin's next campaign
    505 12 EDITORIAL CHECHNYA was Russia's first made-for-television war the first time the Russian army in action was exposed to the relentless eye of the camera, almost without censorship. The result has been obvious. President Boris Yeltsin has been shown to be indiscriminately violent and to be incapable of
    505 words
  • WHAT THE OTHERS SAY
    • Article
      More problems from success
      181 12 WHENEVER talk turns to the problems arising from Singapore's success, it is usually focused on the government's managing of the people's rising expectations and making them continually aware how vulnerable the country still is. Asset inflation is worrying. Any softening of property prices from current levels
      181 words
    • Article
      Kobe's lesson for Singapore
      130 12 THE DISASTER in Kobe, Japan, provides many lessons to the whole world the need to be prepared and the need to have international cooperation. Despite its World War II cruelty, Japan is receiving help from countries like China and Korea. This demonstrates international fraternity. The rebuilding
      130 words
    • Article
      Upgrade public flats only
      204 12 SOME RESIDENTS of private estates feel unfairly treated by the government when they see public flats being upgraded. Being already subsidised, those flats then seem to enjoy a dual subsidy. But private property owners should remember that the houses they own have increased greatly in value
      204 words
    • Article
      A bankrupt Khmer Rouge
      167 12 CAMBODIA'S outlawed Khmer Rouge has always denied its worst excesses. The group routinely denies evidence that more than a million Cambodians were killed or died when it formed the government in Phnom Penh. Now, in a strange reversal, the group seems determined to claim responsibility for
      167 words
    • Article
      Concerted aid for the poor
      191 12 MALAYSIA'S laudable poverty eradication effort has been almost monopolised by the government. The laurels it has received from the World Bank, among other international arbiters, rest on the breadth and extent of its anti-poverty drive, which goes well beyond the central government budget. Starting from
      191 words
    • Article
      Reputations at stake
      153 12 IT ALL SOUNDS almost too strange to be true. Two courts find that an academic at the territory's leading university plagiarised the work of one of his staff, yet the university decides no action needs to be taken. But that is exactly what happened at the University
      153 words
  • Article, Illustration
    Deciding what the UK's top dogs are worth
    1061 12  -  As state monopolies get turned into private ones, public attention is being focused on the pay of the new company heads. Neville Stack reports Neville Stack The writer is a political commentator based in London. He writes regularly for BT. THE British
    1,061 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      214 12 INVESTING IN 1995 What's the fate of ageing 99-year homes? Million-dollar condos and their trimmings Koh Samui: Best places to stay iir/MnAia/Ms: o«p-k« Getyourcopy of this month's Singapore Business I fromyournearestnewsstandor,ifyoupreferthe I A t<.|(Oi .hi I convenienceofdoorstepdelivery,sendinthepre-paid pl I subscription form now. I Please send my magazine 10 this address
      214 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      59 12 calls wmself we fcecoGNise: ft Spnd RzpLW.... ru€ mvjtw»ous toG rr s storing =j MP J s \P»OT Hirvr, g fpCE0 4C? —£2^<9363 1 U. e ASSOCIATfO MMWW LTD, IMMMS DOONESBURY GARRY TRUDEAU ...tXCSPTCURINGM£AIS, USONCBIN f ARB you mwepENOT&&l\ HJHSH toe'R£ 6UP£RVISeO. IA WW LB. LASTH/E&(£NP, J*U£L. \i&{TPEAC6-Wi ROOMING M
      59 words
Page thumbnail Page 13
  • REGIONAL ANALYSIS
    • Article, Illustration
      Steady growth in HK on strong fundamentals
      1192 13  -  BT's country-by-country assessment of regional economies ECONOMIC OUTLOOK 95 Special to BT GEORGE LEUNG GEORGE LEUNG The writer is senior economist with the Hongkong and Shanghai Banking Corporation Ltd. The views expressed do not necessarily reflect the policy of the bank. ON THE
      1,192 words
    • Article, Illustration
      Property: overheated, but not too much cooling seen
      1065 13  -  LIM SOON NEO LIM SOON NEO tt A LOT OF Hongkong f\ people work for devel--1 JL opers Cheung Kong and Henderson Land," quipped Sharon Cheung, a professional who has been waiting patiently for residential property prices to fall to an affordable
      1,065 words
  • Page 13 Advertisements
Page thumbnail Page 14
  • Article
    Lock icon US economy grew at 4.25% last year: Fed official
    545 14 Bloomberg Business News RICHMOND The United States economy grew at a 4.25 per cent pace in 1994, Richmond Federal Reserve Bank president Alfred Broaddus estimated, suggesting that growth in the fourth quarter may be stronger than expected. Mr Broaddus provided no
    Bloomberg Business News  -  545 words
  • Article
    Lock icon China said to stonewall US demands on software piracy
    475 14 AP AFP HONGKONG China is stonewalling United States demands for action against computer software pirates, US officials were quoted as saying yesterday, as talks resumed to try to avert a trade war. Stephanie Mitchell, vicepresident of the Business Software Alliance (BSA),
    AP; AFP  -  475 words
  • Article
    Lock icon Man gets seven years for pirating Deng's book
    149 14 AP BEIJING Foreign authors say pirates of their books can get away with practically anything in China. But when an enterprising businessman tried pirating the works of senior leader Deng Xiaoping, it was a different story. Wu Wangshen has been sent to
    AP  -  149 words
  • Article, Illustration
    Lock icon Skating for more dollars
    55 14 Reuter HAVANA, Cuba A waitress on roller-skates delivering an order of fast food to a customer at Havana's latest attraction for the Cuban dollar-owning class. El Rapido cafe, the popular new cafe, serves fast food at relatively low prices but is accessible only to those who
    Reuter  -  55 words
  • Article
    Clinton expected to share his vision in national address
    232 14 WASHINGTON President Bill Ginton planned to use his State of the Union address last night to outline his agenda and vision for the nation and draw political battlelines with the new Republican-controlled Congim. Mr Clinlon was exported to facM on km
    232 words
  • Article
    Lock icon AT&T posts US$ l.3b 4th-qtr earnings
    352 14 Reuter Bloomberg Business News NEW YORK AT&T Corp yesterday reported solid gains in earnings and revenue, buoyed by strong volume in its traditional telecommunications business and growing contributions from newer cellular telephone and consumer finance units. For the latest quarter, earnings surged to US$l.34
    Reuter; Bloomberg Business News  -  352 words
  • Article
    Lock icon Japan to pursue more pro-active foreign policy in E Asia
    425 14 AFP MANILA Japan will pursue a "more pro-active foreign policy" in promoting peace and prosperity in East Asia. Hisashi Owada, Japan's permanent representative to the United Nations, yesterday said "Japan's foreign policy is at a major turning point." adding that
    AFP  -  425 words
  • Article
    Global PC market grows 20%
    186 14 SAN JOSE, California The worldwide personal computer market grew 20 per cent last year, driven by a vibrant home market and fiercely competitive pricing, according to data compiled by industry research firm DataqucM Inc. C ompaq Computer Corp naMvd the No I from mmm m
    186 words
  • Article, Illustration
    All indications point to another rate rise by the Fed
    883 14  -  The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent FORGET ABOUT President Bill Clinton's coming State of the Union Address, House Speaker Newt Gingrich's US$4.5 million (556.5 million) book deal, or even the opening of OJ
    883 words
  • Article
    Jakarta to start planning subway this year
    201 14 JAKARTA The Indonesian government hopes to start work this year on the basic design of a US$65O million (*****.5 million) subway through Jakarta's city centre with the aim of starting construction in 1997, a senior government official said yesterday. "The basic design will
    201 words
  • Page 14 Advertisements
Page thumbnail Page 15
  • COMPANIES & MARKETS
    • Article
      Telecom invests US$ 94m in planned satellite phone system
      378 15  -  By Genevieve Cua SINGAPORE Telecom has invested US$94 million (*****.3 million) in Inmar-sat-P, a global handheldphone system that will extend mobile communications to remote areas out of the reach of conventional cellular systems. The investment gives Telecom a 6.7 per cent
      378 words
    • Article, Illustration
      Plywood plunge to hit earnings: Aokam chief
      390 15  -  From Ruth Wong in KUALA LUMPUR THE earnings of timber-based Aokam Perdana Bhd will be affected this financial year because of the plunge in plywood prices, managing director Teh Soon Seng said. '*The earnings will be affected," Mr Teh said after the firm's
      390 words
    • Article
      Sincere Watch opens new outlets in Shanghai, KL
      224 15 SINGAPORE Sincere Watch has opened new outlets in Shanghai and Kuala Lumpur. Shanghai Sincere Watch, which is wholly owned by the company's 75 per cent-owned subsidiary Leoco Enterprise, has been granted a 10-year licence to operate a watch shop in Nanjing West
      224 words
    • Article
      Lock icon KLSE market cap estimated at M$ 509b at end-1994
      252 15 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange's (KLSE) market capitalisation is estimated at M 5508.9 billion (*****.7 billion) as at end-1994 or 2.8 times the country's Gross Domestic Product, Deputy Finance Minister, Mustapa Mohamed, said here yesterday. It was lower
      Bernama  -  252 words
    • Article
      Will peso crisis stay the Fed's hand on rates?
      693 15  -  HOCK LOCK SIEW By Chew Farn Chyi SINGAPORE When everyone seemed bullish about the US dollar at the start of the year, it looked as if it was to be a reprise of 1994. A year ago the bulls reckoned that
      693 words
    • Article
      L&M, Liang Court sign first deals in Philippines
      249 15  -  From Conrad Raj in MANILA TWO LISTED Singapore companies yesterday formally signed agreements here before Trade and Industry Minister Yeo Cheow Tong to embark on ventures in the Philippines. Singapore contractor L&M Group Investments will have a 40 per cent stake in
      249 words
    • Article
      Patriarch of Ongco dies
      219 15 SINGAPORE Ong Chin Chio, founder and patriarch of one of Singapore's biggest unlisted financial and trading empires, Ongco Group, died last Sunday. A well-known banker and rubber trader in his heyday, Ong, 83, also known as Ong Tjhio, leaves behind seven sons and two daughters. Several
      219 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        44 15 Mark* Hmmd wdhreNi Ar l'i« *a*y. few* m trvktn adM «r 5-4 pi yesterday Chenight events may titer tenttment Broken potted Alliance. Banns. Daiwa, Fraser, GK Goh. Kay Hum. Morgan Grenfeil. OngCo. Nomura. Phillip. Smith New Court. Wt Can and SG Warburg
        44 words
      • Article, Illustration
        HOT STOCK
        131 15  -  -By Quak Hiang Whai ONE OF THE badly battered counters in recent times, DBS Land broke a support at $3.52 last week and now looks headed towards $3.00. But all its short and long term indicators are pointing to an oversold stock and a rebound which had already
        131 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Sembawang orders tugs from Japan
          49 16 SINGAPORE Sembawang Maritime has ordered four new harbour tugs for $20 million from a Japanese shipyard its second order this year. Earlier this month, it ordered two tugs from Beijing Enterprise Development Corp. The Japanese-built tugs will come from the Matsuura Tekko Zosen yard.
          49 words
        • Article
          Lock icon Berjaya Leisure profit up 33.5%
          63 16 Bernama KUALA LUMPUR Berjaya Leisure Berhad has reported a pre-tax profit of M 581.09 million (5546.33 million) for the first half year ended Oct 31, 1994 up 33.5 per cent on the corresponding period in 1993. An interim dividend of 3.5 per cent per share
          Bernama  -  63 words
        • Article
          Lock icon Berjaya Singer interim slips 9%
          58 16 Bernama KUALA LUMPUR Berjaya Singer Berhad has reported a 9.3 per cent drop in group pre-tax profit to M 536.48 million for the first half year ended Oct 31, 1994 down from M 540.21 million. An interim dividend of 5 per cent per share, less
          Bernama  -  58 words
        • Article
          Malayan Credit forms property unit
          37 16 SINGAPORE Malayan Credit has set up a local wholly owned subsidiary, Malayan Credit (Serangoon) Pte Ltd, to carry out property development and investment. It has an authorised share capital of $100 million.
          37 words
        • Article
          Alliance offering shares in club
          59 16 SINGAPORE Alliance Technology and Development subsidiary Fort Canning Country Club Investment is offering 500 preference shares of 1,000 each as part of its membership drive for the FCC Club. A total of 450 "A" shares at $19,000 each, 30 "B" shares of $36,000 each and
          59 words
        • Article
          Liang Huat buys M'sian units
          59 16 SINGAPORE Liang Huat Aluminium has acquired two wholly owned subsidiaries in Malaysia. The first, LH Technology, was incorporated with an authorised capital of M$ 1 million while the other, Glaspec Industries, was started with an authorised capital of M$ 100,000. They will design, fabricate and
          59 words
      • Article
        Untitled
        530 16 MUMcen' priccs Jan 25 us Gr Fund 0.94 0 97** Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.48 1.57 Unifund 1.23 1.28 The Savings Fund 1.37 1.45 Unihund f- 1.02 1.045 S"pore Prug Fund 0.52 0.55 United Or Fund! 1.46 1.53 S'pore See Fund 0.86 0.91 United Asia
        530 words
      • Article
        Thai Petrochemical Industry eyes regional expansion
        409 16  -  From Loh Hui Yin in BANGKOK THAI Petrochemical Industry (TPI), whose shares are due to trade soon on the Thai bourse, plans to expand in the region on top of its massive 40 billion baht (552.31 billion) investment programme at home. TPI chief executive
        409 words
      • Article, Illustration
        Lock icon Tokyo exchange eyes listing of Malaysian firms
        439 16 Bernama KUALA LUMPUR The Tokyo Stock Exchange (TSE), which relaxed its listing requirements at the end of 1994. now hopes for Malaysian companies to be listed there. TSE listed companies supervision and corporate liaison director Eisuke Nagatomo said Japanese companies now operating in
        Bernama  -  439 words
      • Article
        Ayala Land to buy 25% of Indon developer Menara Duta
        199 16  -  From Al Labita in MANILA LISTED Ayala Land is buying a 25 per ccnt stake in Indonesian real estate developer Menara Duta. In a report yesterday to the Philippine Stock Exchange, Ayala senior vice-president Mercedita Nolledo said the buy-in would
        199 words
      • Article
        Lock icon Berjaya sets aside M$ 255m for direct investments in China
        387 16 Bernama KUALA LUMPUR Berjaya Group Bhd. which ventured into China only during the past three years, has earmarked about M 5255 million (SSI4S million) for direct investments in China. Executive director Aminuddin Rouse yesterday said the group had so far
        Bernama  -  387 words
      • Article
        US insurer Cigna joins Indon bank to tap 20m uninsured
        312 16  -  From Maggie Ford in JAKARTA THE SECOND largest US insurance company in the global market. Cigna, is to tie up with Indonesia's listed Bank Niaga to target the 20 million middle-class Indonesians who are uninsured. The US firm has bought
        312 words
      • Article
        Institutional bargain-hunting lifts Hang Seng 54 points
        379 16  -  Regional stock market round-up From Lim Soon Neo BARGAIN-HUNTING by institutions in the "cheap" stock market yesterday helped the Hang Seng Index gain 54.97 points or 0.79 per cent to end the day above 7,000. The widely-watched market barometer was up 35.59 points
        379 words
      • Article
        Don't force-sell, Thai brokers told
        232 16  -  From Loh Hui Yin BROKERS were advised yesterday against "forcing" their clients to sell shares bought on margin loans, as the Thai stock market took a respite after four days of heavy beating. Under Thai regulations, brokers have the right to require clients to sell
        232 words
      • Article
        Indon stocks hold firm, but prone to shocks
        184 16  -  From Leslie Lopez in JAKARTA INDONESIAN shares held largely firm for the second consecutive day yesterday, but brokers said the market remains prone to aftershocks from this week's region-wide selldown. The key Jakarta Stock Exchange composite index fell by just 0.7 point
        184 words
      • Article, Illustration
        Lock icon War over movie CD format may hurt electronics makers
        266 17 Reuter TOKYO Battle lines are being drawn for two rival standards for movie compact discs, with prospects of a damaging war among electronics makers. Matsushita Electric Industrial Co Ltd announced yesterday its support for a different standard for the digital video
        Reuter  -  266 words
      • Article
        Lock icon Kah Wah Bank bucks trend with 3% gain on HK bourse
        206 17 Bloomberg Business News HONGKONG Shares in Kah Wah Bank Ltd rose as much as 3.45 per cent yesterday, bucking a slump in other Hongkong bank stocks, amid speculation that the Chinesecontrolled bank had boosted 1994 profit by a third.
        Bloomberg Business News  -  206 words
      • Article
        Pearl River Tyre, due for Aussie listing today, names Malaysian to board
        341 17  -  From Florence Chong in SYDNEY MALAYSIAN businessman Goh Nan Kioh has joined the board of Pearl River Tyre Ltd. due to be listed on the Australian Stock Exchange today. Mr Goh's appointment reflects the substantial shareholding of the
        341 words
      • Article
        BMW is first European car maker to open Hanoi plant
        228 17  -  By Teh Hooi Ling SINGAPORE German car maker BMW, in a bid to penetrate the emerging Asian markets, yesterday became the first European car maker to open a car assembly plant in Hanoi. Vietnam. It will also open its first
        228 words
      • Article
        Lock icon Major US oil companies post improved quarterly results
        467 18 Reuter NEW YORK Exxon Corp and other major oil companies on Monday reported better-than-expected quarterly profits, helped by booming chemical operations and widespread cost-cutting. Exxon, the United States' largest oil company, said its profits jumped 27 per cent to a record high
        Reuter  -  467 words
      • Article
        Lock icon Bell Atlantic 4th quarter profit dips
        496 18 Bloomberg Business News PHILADELPHIA Bell Atlantic's fourth-quarter profit from operations fell slightly to U*****.9 million (*****.1 million), or 76 cents a share, from U*****.2 million, or 77 cents, a year ago. the company said yesterday. Results for the Philadel-phia-based regional Bell operating company fell
        Bloomberg Business News  -  496 words
      • Article, Illustration
        Lock icon Wellcome urges shareholders not to act on Glaxo's £8.9b bid
        699 18 Reuter Bloomberg Business News LONDON British drugs company Wellcome pic has advised its shareholders to take no immediate action in response to Glaxo pic's £8.9 billion (5520.6 billion) bid. "Having regard to the unsolicited nature of the proposed bid, the
        Reuter; Bloomberg Business News; AFP  -  699 words
      • Article
        Lock icon Intel starts shipping Pentium upgrade chips
        270 18 Bloomberg Business News SANTA CLARA. California Intel Corp yesterday began shipping the delayed Pentium upgrade chips that will boost the computer power of 486based machines. The chips, called Pentium Overdrive, can be easily inserted into 486/DX2 and 486/SX2 50-megahertz machines as well as some
        Bloomberg Business News  -  270 words
      • Article
        Lock icon Higher crude prices help Arco double earnings
        284 18 Bloomberg Business News LOS ANGELES Atlantic Richfield Co's fourth-quarter earnings nearly doubled on the strength of higher crude oil prices and chemical earnings and savings from cost-cutting measures. The energy company posted net income of USS3II million (SS4SI million), or US$l.9O a share,
        Bloomberg Business News  -  284 words
      • COMPANY BRIEFS
        • Article
          Lock icon Renong unit in Indon land venture
          89 18 Reuter KUALA LUMPUR A Renong Bhd subsidiary has entered into a joint venture with PT Citra Lamtoro Gung Persada of Indonesia to jointly develop 656 hectares of land in west Java. The subsidiary Renong Nusantara Sdn Bhd. will take 51 per cent equity in
          Reuter  -  89 words
        • Article
          Lock icon MRCB unit plans 6-for-l rights issue
          52 18 Reuter KUALA LUMPUR Malaysian Resources Corp Bhd (MRCB) said its 60 per cent owned subsidiary, Sikap Power Sdn Bhd, has proposed a rights issue of 300 million new shares of MSI each at par on the basis of six new shares for every Sikap
          Reuter  -  52 words
        • Article
          Lock icon Marine Midland's profit up 32%
          63 18 Bloomberg Business News LONDON Marine Midland Banks Inc, a US subsidiary of international banking group HSBC Holdings pic. said its net income rose 32.4 per cent to U*****.3 million (*****.78 million) in 1994. Net income in the fourth quarter rose 36.4 per cent to USS6I.9
          Bloomberg Business News  -  63 words
        • Article
          Lock icon Siemens' profit rises 8%
          77 18 Bloomberg Business News MUNICH Siemens AG said net profit in the first quarter of the fiscal year rose 8 per cent to 448 million Deutschemarks (*****.6 million) from 415 million marks in the year-ago period. Sales in the period rose 7 per cent to 18.5 billion
          Bloomberg Business News  -  77 words
        • Article
          Hughes wins US$ 700m phone deal
          49 18 Bloomberg Business News LOS ANGELLS Hughes Aircraft Co said it won a US$7OO million (SS 1.016 billion) contract from Afro-Asian Satellite Communications Ltd to set up a hand-held, mobile satellite phone system that will serve parts of Asia and all of Africa. Bloom-
          Bloomberg Business News  -  49 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Bank Negara finds bad practices among insurance firms
        334 19 Reuter KUALA LUMPUR Bank Negara, in its inspection of insurance companies, has uncovered a series of bad management practices which insurance company directors need to correct, a senior central bank official said on Monday. Acting manager of the central bank's Insurance Regulation
        Reuter  -  334 words
      • Article
        S Korea to speed up opening of bond market to foreigners
        298 19 Bloomberg Business News SEOUL The South Korean government will speed up a plan to allow foreigners to invest indirectly in the local bond market. "I am pleased to announce that the following additional changes will be made to give
        Bloomberg Business News  -  298 words
      • SMALL CHANGE
        • Article
          Cheung Kong tests banks' confidence
          117 19 Bloomberg Business News HONGKONG While property prices continue to fall, Cheung Kong Holdings is testing banks' confidence in property developers by asking for a loan of HK$3 billion (***** million), the Eastern Express reported yesterday. Cheung Kong is paying 75 basis points over the Hongkong
          Bloomberg Business News  -  117 words
        • Article
          TAC gets US$120m loan facility
          89 19 AFP HONGKONG Chase Manhattan Bank NA yesterday said it had signed a US$l2O million (S$ 174.2 million) loan facility agreement with Total Access Communication Co Ltd (TAC), one of two concession operators of private cellular telephones businesses in Thailand. The three-year loan facility, TAC's first
          AFP  -  89 words
        • Article
          JFM to tap Eurosterling market
          55 19 Reuter LONDON Japan Finance Corp for Municipal Enterprises (JFM) is shortly expected to launch a 125-150 million Eurosterling issue, syndicate managers said yesterday. The issue is expected to have a maturity of 10 years and CS First Boston has been rumoured as lead manager for
          Reuter  -  55 words
        • Article
          Maybank officially opens in PNG
          91 19 Bernama KUALA LUMPUR Maybank (PNG) Ltd, the wholly-owned commercial banking subsidiary of Malayan Banking Bhd (Maybank), became the first Asian bank to be opened in Papua New Guinea. A Maybank statement here yesterday said Maybank PNG offers a full range of banking services including deposit
          Bernama  -  91 words
      • Article
        American Express' fourth quarter profit up 15%
        274 19 Bloomberg Business News NEW YORK American Express Co said fourth-quarter earnings from continuing operations rose 15 per cent as consumer spending increased and profits from the company's insurance and mutual fund subsidiary advanced. The travel and finance company said income from continuing operations
        Bloomberg Business News  -  274 words
      • Article
        Thai dealers praise central bank's liquidity step
        506 19 Reuter BANGKOK The Bank of Thailand's decision to expand its swap facility to all commercial banks in Thailand has given banks just the right breathing space to adjust their liquidity positions, dealers and treasurers say. "Immediately after the announcement, interbank rates eased," a
        Reuter  -  506 words
      • Article
        Nomura gets approval to quit Slovak fund
        268 19 BRATISLAVA Shareholders of Slovakia's VUB Kupon investment fund have approved a plan that will allow Japan's Nomura Securities Co to pull out of its 31.347 per cent stake in the fund a move likely to prompt a court challenge. Nomura bought into the
        268 words
      • Article
        Orange County officials served with grand jury subpoenas
        351 19 Bloomberg Business News SANTA ANA, California Orange County officials have been served with subpoenas from a federal grand jury seeking information on the county's relations with Wall Street underwriters and lenders. The criminal subpoenas came as the Board of Supervisors voted yesterday
        Bloomberg Business News  -  351 words
      • Article, Illustration
        Productivity helps Prudential notch up record turnover
        372 20  -  By Soh Tiang Keng SINGAPORE Being productive has paid off for life insurer Prudential Assurance Singapore in more ways than one. The subsidiary of Britain's Prudential Corporation said yesterday that it achieved record turnover last year, with gross revenue premiums hitting $435 million.
        372 words
      • Article
        Mutual life insurers must use general accounting rules
        229 20 Bloomberg Business News NORWALK, Connecticut Accounting rule makers are requiring mutual life insurance companies to use the same generally accepted accounting principles (GAAP) other insurers must use when reporting financial results. The Financial Accounting Standards Board (FASB) is requiring mutual life insurers
        Bloomberg Business News  -  229 words
      • Article
        Prudential shares tumble in London after CEO resigns
        395 20 Bloomberg Business News LONDON Shares in Prudential Corp pic. Britain's largest investment group, fell as much as 3.9 per cent in premarket trading following Sunday's resignation of chief executive Mick Newmarch. Prudential Corp said Mr Newmarch resigned after almost a year-long dispute
        Bloomberg Business News  -  395 words
      • Article
        Gold helping to propel precious metals to record highs
        301 20 Reuter LONDON Gold is now on the verge of leading the European precious metals to new heights with the first target projected to be around U*****.75 where buy-stops are thought to be lurking, dealers said. "On the charts U*****.75 is a
        Reuter  -  301 words
      • Article
        Vancouver bars Alcan from huge power project
        402 20 Reuter VANCOUVER British Columbia on Monday barred Alcan Aluminium Ltd from finishing construction on a massive Csl.3 billion (551.32 billion) power project, citing environmental concerns. Provincial premier Mike Harcourt said he cancelled the controversial Kemano hydroelectric project in northern British Columbia because it
        Reuter  -  402 words
      • Article, Illustration
        Untitled
        1534 20 IraJe-Meighh-J inJt <akululiil afum\l Spire i utp 14 trading (uitnn Base >rtw /KJ US$/S$ forward rates Noon Jan 24 s$ Bid Offer 1-month ***** 1 4484 2-month ***** 1.4454 3-month ***** 1 4426 6-month 1.4333 1.4353 Sourer OCWC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m Jan 24
        1,534 words
      • Article
        European products trade curtailed by flood warnings
        280 20 Bloomberg ENERGY REPORT LONDON European product prices were little changed as trading has been curtailed by the closure of large sections of the Rhine river in Germany. Eurograde. 95 octane, unleaded petrol barges are on offer at US$l57 a tonne yesterday morning. Buyers
        280 words
      • Article
        Currency Reports: London
        184 20 Reuter LONDON The dollar drifted down during a quiet and lacklustre European trading with nothing new emerging to stir up interest. The gradual drift lower was symptomatic of the quiet conditions with traders happy to sit back and wait for more US economic numbers and the Federal
        Reuter  -  184 words
      • Article
        New York
        90 20 AFP NEW YORK The dollar fell against major currencies in light trading yesterday, with traders waiting for President Bill Clinton's speech and continued uncertainties over the Mexican currency crisis. Around 1500 GMT. the dollar was worth 1.5125 marks from 1.5145 late Monday, and 99.50 yen from 99.77. In
        AFP  -  90 words
    • COMMODITIES & FUTURES
      • Article
        Eurodollars, Euroyen close flat
        1334 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures ended flat yesterday. Eurodollars were trapped in narrow range trade ahead of the twoyear note auction in the US yesterday and a five-year auction today. "There is no fresh news and the market is not sure how
        Reuter  -  1,334 words
      • Article
        M'sian rubber closes on bullish note
        692 21 COMMODITY REPORTS Rubber KUALA LUMPUR: Malaysian rubber prices closed higher on bullish sentiments as sellers waited for higher bids before disposing of their stocks. I he market is staying firm. Sellers are reluctant to sell ahead of the lunar New Year celebrations. It will
        692 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          M'sian tin shipments to US surge
          49 21 KUALA LUMPUR Malaysia's tin shipments to the US surged to 510 tonnes in December from 110 in November after Chinese exports slowed, smelting firm sources said. The sources expect shipments to the US to remain firm this month with Chinese exports still slow.
          49 words
        • Article
          Indian firms seek import exemption
          63 21 NEW DELHI Indian soybean processing units have sought from the government "Advance Licence" to import soybeans without import duty to meet overseas demand for Indian soymeal. Under the "Advance Licence" scheme, a firm is allowed to import any commodity duty-free if it gives a commitment
          63 words
        • Article
          Japan imports more raw cotton
          72 21 TOKYO Japan's customs-cleared imports of cotton rose 22.9 per cent from a year before in December to 33.049 tonnes, according to a report issued yesterday by the Ministry of Finance. The total value of cotton imports in December increased 51.5 per cent from a year
          72 words
        • Article
          Aussie cotton sales hinge on rainfall
          54 21 SYDNEY Forward sales of 1995-96 (July-Jun) Australian cotton production are hinging on good rainfall over dam catchments, traders said yesterday. It is estimated that small quantities of 1995-96 production, planted from September to November, have already been sold. But further sales depend on good
          54 words
        • Article
          Japan's soybean imports up 2.6%
          57 21 TOKYO Japan's imports of soybeans rose 2.6 per cent from a year before in December to 501,141 tonnes, according to a report released yesterday by the Ministry of Finance. But the value of those imports in December fell 3.1 per cent from a year before
          57 words
    • Article
      COMMODITY PRICES
      1383 21 Rubber Jan 24 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30p<n) Buyers Sellers As at 12 noon (S cents/kg) RSS 1 Contract <S ccnts/kg) pr— RSS 2 Feb 95 257.00 258.00N u, ,-s. Feb 95 254.50 650 RSS 5 Fcb 95 247.00 248.00N Mar 256.00 850
      1,383 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1006 22 +0.2 SHARES rose marginally yesterday. aided by a rebound on the Tokyo bourse and a rally on shares in market leader BHP. The All Ordinaries Index edged up 0.2 to 1,862.0 points. The All Industrials fell 2.4 to 2,712.6 while the All Resourees gained 2.4 to 1,224.9. Turnover was
        1,006 words
      • Article
        Manila
        617 22 -46.57 Stocks tumbled 1.92 per cent with investors influenced by a generally bearish sentiment prevailing in world equity markets. The PSE Index fell 46.57 points to 2.374.86. Turnover was 16.09 billion shares valued at 1.35 billion pesos. "People have been frustrated for a long time," said an analyst. "Even
        617 words
      • Article
        Taipei
        601 22 -127.25 Stocks continued its downswing amid bearish sentiment among investors, dampened by the largest losers, construction and electrical shares, dealers said. The 420-issue Weighted Price Index fell 127.25 to 6,167.79 points. Turnover was 1.37 billion shares worth NT553.29 billion. The market dropped sharply from the start of the session
        601 words
      • Article
        Seoul
        423 22 -18.55 Share prices continued their sharp decline yesterday, as investors worry over the instability in the money market. The Composite Price Index tumbled 18.55 points to 916.83 an turnover of 25.2 million shares worth 481 billion won. Declining shares totalled 756, while 50 advanced and 41 counters ended unchanged.
        423 words
      • Article
        New Zealand
        356 22 -24.53 Shares closed lower, dragged down by weakness in most of the leaders. The NZSE-40 Capital Index closed 24.53 points lower at 1,923.08 on mediocre volume of NZ525.7 million. Leading the falls were Fletcher, down 10 cents to NZ53.73, and Carter, down eight to NZ53.75. Both shares have
        356 words
      • Article
        Bombay
        139 22 -72.89 Stocks plunged for a third day to a 13-month low as foreign financial institutions sold blue chips amid concern about the stability of emerging markets. Market leader Reliance Industries led the fall, dropping 17.50 rupees to 236.25. Reliance's stock has been hammered by foreign institutional investors angry at
        139 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        668 22 Britannia Funds sterlia* Cash Bid (Mler Mim Cap Dcpoul 38 6400 38 6500 Mim Jcncy C.ill 0 1*93 0 Mini Mai Income *0 9000 *0 9400 I S$ ask Incume Plus I und 9 5900 10 1100 PS S Heme I und S.3700 5 3800 Merlins MutO Euro Performance *****
        668 words
      • Article
        London
        688 22 +14.8 STOCKS rose as oil shares were boosted by better-than-expected earnings from US oil giant Exxon last night. Shell Transport Trading rose 1 Ip to 707, boosted by Hoarc Govett Securities which estimated 40 per cent growth in earnings per share in the next few years. British Petroleum rose
        688 words
      • Article
        Paris
        147 22 +7.33 French shares ended the day 0.41 per cent higher in a rebound to a 2.23 per cent fall on Monday. But the rise did not prevent the January account from closing with an 8.7 per cent loss, the worst close since June 1994. The CAC-40 Index finished up
        147 words
      • Article
        Frankfurt
        177 22 14.64 German shares edged higher in thin trade, tracking the DAX futures up. Limited short-covering, firm Bund futures were also underpinning shares, dealers said. Dealers said that shares were seen rising steadily but volumes were set to remain low. They said the DAX Index was unlikely to push beyond
        177 words
      • Article
        Brussels
        222 22 +4.00 Belgian shares closcd 0.30 per cent firmer but below the day's highs after a quiet session highlighted by a block trade in electric utility firm Electrabel and speculation about bank BBL. The Bcl-20 Index ended 4.00 points higher at 1,351.36 with about 1.56 billion francs worth of shares
        222 words
      • Article
        Milan
        133 22 -31 Italian shares eased on some profit-taking as the market has now largely discounted the fact that Prime Minister Lamberto Dini will win a confidence vote in the Lower House today. The Mibtel Index closed down 31 points at 10,767. "!t is a sunny day outside, but it is
        133 words
      • Article
        Amsterdam
        268 22 +2.47 Dutch stocks closed higher for their first time in four sessions, reflecting a recovery on markets across Europe and a minor dollar rebound against the guilder. Optimism over earnings for North American oil companies caused Royal Dutch Petroleum Co to rally 2.4 per cent, extending Monday's gains to
        268 words
      • Article
        Stockholm
        135 22 Swedish shares closed considerably higher in a correction to Monday's fall after a day of intense trading. "We have seen a correction over the entire market today," a broker said. "The rise was supported by Tokyo and New York." "It's a matter of psychology now," said another broker, who
        135 words
      • Article
        Zurich
        265 22 +9.5 Swiss shares ended firmer, helped by foreign buying and derivatives demand in the afternoon, dealers said. The market had opened firmer on short covering, but slipped later on a lack of follow through buying. The SMI Index of leading shares closed up 9.5 points to 2,534.8, while the
        265 words
      • Article
        Johannesburg
        286 22 14.1 South African shares closed mixed yesterday as a recovery in Asian markets offered support but a gold price fall depressed related shares. Dealers said the market remained concerned about prospects, and buying was limited. The Overall Index closed 14.1 points lower at 5,323.7, the Industrial Index ended 14.1
        286 words
      • Article
        Toronto
        260 22 10.01 Stocks edged higher in early trading with most sectors posting gains after Monday's sharp sell-off. The TSE-300 Index was up 10.01 points at 4,059.37 on volume of 6.60 million shares valued at C 590.3 million. Advancing stocks outpaced declines, 156 to 107, with 188 issues unchanged. Traders said
        260 words
      • Article
        New York
        720 22 +3.03 The Dow Jones Industrial Average, which slid 2.02 points on Monday, was ahead 3.03 to 3,870.44 at 11am EST. The NYSE Composite Index was ahead 0.25 to 253.72, while Standard Poor's 500-stock Index was up 0.26 to 466.07. Advances topped declines 951-768 among the 2,538 issues crossing
        720 words
    • Article, Illustration
      HONGKONG
      3112 23 Bloomberg Business News HONGKONG Stocks were mixed as investors sought shelter from rising interest rates in conglomerate and utility shares. Bank stocks, among the most vulnerable to higher rates, slid further. Conglomerates Hutchison Whampoa and Wharf Ltd. whose diversified businesses help insulate earnings from rising rates and falling property
      Bloomberg Business News; Source: Bridge Info  -  3,112 words
    • Article, Illustration
      CHINA
      611 23 CLSA THE H Index yesterday eased 0.8 per cent on turnover of HK553.2 million, with sentiment cautious ahead of the resumption of Sino-US trade talks yesterday. Heavy selling pressure was seen in Hai Xing Shipping, which dropped 6.1 per cent on turnover of HKSB million. The Shanghai B Index
      CLSA  -  611 words
    • Article, Illustration
      TOKYO
      2478 23 Bloomberg Business News TOKYO Stocks recorded their largest rally in a month as signs of more help from the government encouraged investors to target construction shares expected to profit from last week's quake. Traders said investors may have overreacted in Monday's panic about the quake's effects on Japan's economy.
      Bloomberg Business News; Source: Bridge Info  -  2,478 words
    • Article, Illustration
      BANGKOK
      1776 23 Reuter BANGKOK Stocks closed slightly higher yesterday on last-minute buying of blue chips after a sharp fall in the morning. The SET Index closed up 2.09 points at 1.193.35 after dipping as low as 1.166.31 on 6.93 billion baht turnover. Falls led rises 184 to 131. "Retail investors gained
      Reuter; Source: Bridge Info  -  1,776 words
    • Article, Illustration
      JAKARTA
      1181 23 Reuter JAKARTA Share prices closed lower on thin volume with rises in some big capitalisation stocks preventing the index from falling lower, brokers said. "The market was still depressed by selling orders not only from Japanese houses but from other major foreign brokerage firms." one broker said. Brokers said
      Reuter; Source: Bridge Info  -  1,181 words
    • Article
      CLOB INTERNATIONAL
      2555 24 Ci Gr 1994/9S Last Vol Da) gj» lH W M Cap High Low onipant Sal« ("080) High l-ow Buyer Seller C»r K/fc Smil MALAYSIAN STOCKS 10* B „v Itu, _8 g 210 146 193 216 J" -29 0.4 201 206 77} m AMDS 50c 80 -I 6J0 84
      2,555 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Share prices fall to 16-month low on rate worries
        6689 24 Bloomberg Business News KUALA LUMPUR Stocks fell a fifth day to a 16-month low yesterday as global interest rate concerns and margin selling dampened investors' enthusiasm. Margin selling occurs when stock brokers force clients to pay back their debt by selling
        Bloomberg Business News; Source: Bridge Info  -  6,689 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8236 25 MAIN BOARD l.r U M Ml l»l \«l l)av I.asl Quote Dh Dii \U Nrt (if \>* IliCk lim Sak 0001 High \jm Butrr Vlkf S t"»r S P'E Mnil Price INDUSTRIAL AND COMMERCIAL 720* 188 mi Vnu XV WO umh 404 M 388 1*8 390 88 47 I I
        8,236 words
      • Article, Illustration
        Shares close mixed as selling pressure eases
        1944 26  -  By R Sivanithy SINGAPORE Some measure of stability returned to the local stock market yesterday, with prices closing mixed after an easing in the selling pressure that marked trading on Monday. Brokers said a reasonably steady overnight session on Wall Street and a
        Charts by Bridge Info; Source: Bloomberg  -  1,944 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      349 15 NEWS VALUE Regional markets firm after Wall St, Tokyo rally (pg 1) Downside looks limited for now. The Malaysian market is vulnerable, though. S'pore property stocks look bleak: broker (pg 1) It will be some time before the optimism returns. Sincere Watch opens new outlets in Shanghai, KL (this pg)
      349 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      254 16 BUSINESS TIMES NOTICE TOLL-FREE TEL. No. 1-800-741-1883 FAX:74.I-1298 I MAJOR MERCHANT BANK Corporate Finance Managers Attractive Remuneration Our client, a long established Singapore-based Merchant Bank, is a leader in the regional markets for its areas of expertise. The bank is expanding its corporate finance activities in the region particularly in
      254 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      287 17 INFlllline In English Number Yur Daily Stars 8450 The Aquarius Fortune; Win Prizes! Entertainment News 8451 Juicy News Of Elton John, Lnda Gray, Cher, John Travolta... Ghost Stories 8452 A Tune That Kept The House Alives; Win Prizes! Children's Funland 8453 Monkey King Is Unhappy Face Facts: Face Shape 8454
      287 words
    • Advertisement
      Page 17 Advertisements Column 2
      31 17 PRIVILEGE Ini Bj U a\\l 1\ I\\ Cognac Privilege d'Alexandre Bisquit is made from the a Daum decanter. Do expect us to absorb the GST? LA LEGENDE DU COGNAC DEPUIS 1819
      31 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      583 18 Results off tender for l&xable book-entry Government Bond 1995 due 1 February 2000 mM k to be issued on 26 January 1995; -1 ~r**Tenor approx. 5 years Amount Offered Allotted *****,000,000 f Amount Applied 551,713,750,000 ,y J Interest/Coupon Rate 4.000% p.a. Average Yield Price V, on Allotment 4.05% p.a. and
      583 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      40 19 Auction: Wednesday Bth March 1995 at 3pm on site Suitable for iiveston I owner-occupiers and developers Lettable area 5,942m^* 167-173 Franklin §1. Melbourne (Corner of Anthony Street) LmhShJ s ■MIBHSMiM VOL 9089 Contact: Jim Wrikams David Ling FOLK) 141 m
      40 words
    • Advertisement
      Page 19 Advertisements Column 2
      73 19 arht fjov those with a passion "hot mestiae and perfection. I l l s >=•<* CARAN <1 ACHE GENEVE This season* when you purchase any Collection 'Geneve' pen by Caran d'Ache, this classic signature Caran d'Ache leather wallet will be yours with our compliments. SOLE AGENT raro S.A. DESCO SINGAPORE
      73 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      288 20 BUSINESS TIMES NOTICE TOI.I. -l Rlilv Tlil.. No. 1-800-741-1883 lAX 741-1298 #1 Schroders SCHRODER INTERNATIONAL MERCHANT BANKERS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT OFFER FOR SALE BY SCHRODER INTERNATIONAL MERCHANT BANKERS LIMITED ("SCHRODERS") OF 39,300,000 WARRANTS (THE "WARRANTS") TO SUBSCRIBE FOR 39,300,000 NEW ORDINARY SHARES OF 550.20 EACH
      288 words
    • Advertisement
      Page 20 Advertisements Column 2
      2 20 I CATS.
      2 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      420 21 riTS"TT~c e'IH NOTICE NOTICE IS HEREBY GIVEN that, I MOOTHY S/O APPUDURAI of Block 205 Clementi Ave 6 #02-83, Singapore 0512, have applied for a Beer House First Class Licence in respect of premises at M/s Selmor Snack Bar at 48, Serangoon Road, Little India Arcade #01-68, Campbell Block, Singapore
      420 words
    • Advertisement
      Page 21 Advertisements Column 2
      58 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. r— Tele-Games Safe Test your skill against our "Super Safe" Computer. Break the 4-digit Code within 10 tnes. Or else, youll be caught by our ever vigilant "Tele-Cop" Com: 30
      58 words
Page thumbnail Page 22
  • Page 22 Advertisements
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      29 23 ACTAL NEUTRALISES STOMACH ACID. Actal neutralises stomach acid, giving quick relief from stomach discomfort, J Sterling 9 as r c P3' n > indiges- Reuevis GAS mc pain, j 2
      29 words
Page thumbnail Page 24
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      66 25 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, you can prosper through a wide range of investments. Local and Foreign Currency Time Deposits, Unfixed Time Deposits. Foreign Currencies, Unit Trusts and more. Just call our 24-Hour CitiPhone Banking toll-free on (1S()()) 225-5225 tor your share of
      66 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      276 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 and Caslin Property Pta Ltd (Membera' Voluntary Winding-up) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before 25 February 1995 to send in their names and addresses and
      276 words
    • Advertisement
      Page 26 Advertisements Column 2
      295 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF IS RESOURCES PTE LTD (la Mem ben' Voluntary Liquidation) At aa Extraordinary Geaeral Meeting of the member* of the company duly convened and held at Blk 3006 Übi Road I#o2-338 Singapore 1440 oa 20tla January 1993
      295 words
    • Advertisement
      Page 26 Advertisements Column 3
      235 26 BUSINESS TIMES NOTICES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 Pursuant to Section 290(2)(b) Caslin Property Pte Ltd (In Mam bars' Voluntary Winding-up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 15 Beach Road, *05-11 Baach Centre,
      235 words
    • Advertisement
      Page 26 Advertisements Column 4
      331 26 IN THE MATTER OF THE COMPANIES ACT (CAP.») AND IN THE MATTER OF KROHN (SINGAPORE) PTE LTD (la MtMbcrs' Voluntary Liquidation) NOTICE OF RESOLUTIONS At sn Extraordinary General Meeting of the members of KROHN (SINGAPORE) PTE LTD duly convened and held at the Registered Office, 5 Shcnton Way #11-03/04 UIC
      331 words
    • Advertisement
      Page 26 Advertisements Column 5
      389 26 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF KIAN CHEANG INVESTMENTS PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the member of KIAN CHEANQ INVESTMENTS PTE LTD duly held and convened at 137 Market Street #11-01 Singapore 0104
      389 words
    • Advertisement
      Page 26 Advertisements Column 6
      318 26 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO IN THE MATTER OF KIAN CHEANG TRADING PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the member of KIAN CHEANG TRADING PTE LTD duly held and convened at 137 Market Street #11-01 Singapore 0104
      318 words
    • Advertisement
      Page 26 Advertisements Column 7
      319 26 IN THE MATTER OF THE COMPANIES ACT, CAP 50 SENKO ELECTRONICS PTE LTD On Voluntary Liquidation) At an Extraordinary General Meeting ol the members of SENKO aECTRONCS PTE LTD duly convened and held at Bfc 6001 Bedok Industrial Park C #03-2282 Singapore 1647 on the 21 day of January 1995,
      319 words
    • Advertisement
      Page 26 Advertisements Column 8
      342 26 M THE MATTER OF THE COMPANIES ACT, CHAPTER SO OUTRAM REALTY (PRIVATE) LIMITED MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting ol the Company held at 16 Cotlyer Quay. *29-02. Hitachi Tower. Singapore 0104 on the 16 January 1995. the following resolutions were duly passed: 1) SPECIAL RESOLUTION WINDING-UP That
      342 words
Page thumbnail Page 27
  • Shipping Times
    • Article, Illustration
      Bangkok port to study costs at inland terminals
      325 27 SINGAPORE Bangkok port has formed a working group to study costs at inland terminals in a bid to prove their benefits. The Nation newspaper says the port's managing director, Payoongkich Chivamit, is trying to move the stuffing and unstuffing of all Full
      325 words
    • Article
      APL starts Asia-Mexico intermodal service
      181 27  -  By Arti Mulchand SINGAPORE American President Lines has launched a rail container service to help move goods between Asia and Mexico. "We expect the inbound rail link to significantly reduce the risk of in-transit hijackings," said APL de Mexico vice-president and di- rector general Joaquin
      181 words
    • Article
      No privatisation for Melbourne port but some assets to be sold
      377 27 Lloyd's List SYDNEY Melbourne, Australia's largest port, will not be privatised but responsibility for its operation is to be split between a public sector body acting as a landlord and a separate authority controlling channels. However, in a long-awaited
      Lloyd's List  -  377 words
    • Article
      Four lines in new Asia-US service
      131 27 AFP HONGKONG Hongkong's leading shipping company, Orient Overseas Container Lines (OOCL), announced yesterday a plan to launch a shared AsiaUS east coast service with three other leading shipping firms. OOCL will join US American President Lines Ltd. (APL), Japan's Mitsui OSK Lines (MOL), and
      AFP  -  131 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1044 27 Page Col ABC Containerline 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 AhlersLine 13 S Ahrenkiel Liner 4 1/2 ANL 3 4/5 Antaco Mgmt 17 3 APL 18 1/2 Appenship 4 4/5 Arabian Express 15 4 •ASCL 5
      1,044 words
    • Article, Illustration
      HK port says fears of overcrowding allayed
      290 27 Bloomberg Business News HONGKONG Hongkong's port set a record last year by handling more than 11 million twenty-foot-equivalent units (TEU) worth of cargo, allaying fears of overcrowding because of the delayed ninth container terminal, the Port Development Board said yesterday. Twenty-foot units are
      Bloomberg Business News  -  290 words
    • Article
      CGM concentrates on north-south trade
      425 27 Fairplay PARIS French state-owned shipping line Compagnie Generate Maritime (CGM) is radically changing its operational philosophy. Having completely withdrawn from the major east-west trades, CGM is now concentrating on the development of activities on the northsouth axis. CGM is already a significant carrier on the
      Fairplay  -  425 words
    • Article
      DAILY FREIGHTS
      1440 28 WEAKENING panamaxes in the Atlantic and slumping futures prices are contibuting to an uncertain mood in the dry-cargo freight market, shipbrokers say. The Baltic Freight Index fell 15 points to 2,044 on Monday. But BifTex futures slid faster, with most traded February standing 45 points down at 1.860
      1,440 words
    • Article
      TRANSPORT DIARY
      580 28 COURSES Title: International Freight Forwarding I (SDF 70%) Duration: Feb 9 Apr 20 Organiser Singapore Freight Forwarders Association Tel: For further details contact SFFA Secretariat at 253-7550 or lax: 253-2303. Title: Container Management (SDF 70%) Duration: Feb 15 Mar 2 Organiser Singapore National Shipping Association Tel: For further
      580 words
    • Article, Illustration
      More than 50 post-Panamax ships on order
      1021 29 Lloyd's List Following Cosco's decision to contract six 5,250 TEU newbuildings in Japan and AP Moller's extension of its programme at Lindo, the number of wider-than-Panamax containerships currently on order worldwide has passed the 50 mark. The aggregate value of tonnage yet to
      Lloyd's List  -  1,021 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      10540 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEfiCND PN: ship calls
      10,540 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        651 39 Veud Voy Ho Berth Arrival Departure Vessel Voy No Berth Arrival Departure m Jwwm Net Bias!ae 1 M,95 P03 25.01 1500 5 UK?** Otywto 1,95 B alongside 25 01 0100 Butt *«i 01,95 P04 25.01/0100 H.0/M0 v Mm K b 1 M/U 25.01/laoo F»th 22/se po4 noi
        651 words
      • Article
        CONTAINER SCHEDULES
        1393 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO J RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO m Record Bookinf/Balance Rslts Shj> Voy No Etb/Btr Period From To From n n 4 to Ok, 0616 27/2359 IB 24/1500 24/1(69 21/1900 .2 3 25 0/00 25/1159 25,1400 3— 4
        1,393 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        World airports report booming cargo, rising passenger traffic
        402 46 Reuter GENEVA World airports on Monday reported booming cargo and climbing passenger traffic over the first 10 months of 1994 although passengers passing through Asian and African terminals during the year were down on 1993. The Geneva-based Airports Council International (ACI) said
        Reuter  -  402 words
      • Article
        BA must pay Dan-Air pilots, panel rules
        306 46 Bloomberg Business News LONDON British Airways pic may have to pay 180 former Dan-Air pilots a compensation package of as much as £9 million (5520.7 million) after an arbitrating body ruled on Monday that they were unfairly dismissed. Britain's Industrial Tribunal said in
        Bloomberg Business News  -  306 words
      • Article, Illustration
        Fiat unveils new Spider
        45 46 AFP TURIN, Italy The new Fiat Spider, dubbed 'Barchetta', which will be presented for the first time at the Geneva Motor Show in March. The convertible has a 1,747 cc engine and can reach a top speed of 200 kph. AFP
        AFP  -  45 words
      • Article
        Mercedes-Benz posts 17% rise in car sales
        391 46 DUESSELDORF, Germany German truck and luxury car maker Mercedes-Benz AG, part of Daimler-Benz AG, said on Monday its vehicle sales accelerated more strongly than expected in 1994 and that it had turned itself around. Chairman Helmut Werner told reporters car sales surged by
        391 words
      • Article
        GM resumes normal output after Flint strike settlement
        400 46 Bloomberg Business News DETROIT General Motors Corp said all plants affected by last week's United Auto Workers union strike at a key parts factory in Flint, Michigan, have resumed normal operations. The three-day strike last week caused GM to lose production of
        Bloomberg Business News  -  400 words
      • Article
        Eurocopter's 1994 sales fall 12%, sees loss in 1995
        272 46 Bloomberg Business News PARIS Franco-German helicopter maker Eurocopter said 1994 sales fell 12 per cent to nine billion French francs (552.5 billion) and that it expects to report a loss for the year. Eurocopter, a joint venture between Aerospatiale of France
        Bloomberg Business News  -  272 words
      • LOG BOOK
        • Article
          China carriers to add 22 jets in *95
          105 46 Reuter BEIJING China will buy 22 airliners in 1995 to reinforce its civil aviation fleet, the official Xinhua news agency said on Monday. Aviation minister Chen Guangyi said national flag carrier Air China and other state airlines under the Civil Aviation Administration
          Reuter  -  105 words
        • Article
          Latin America vehicle sales hit high
          97 46 Bloomberg Business News MIAMI A record 2.6 million vehicles were sold in Latin America last year, making the region the fastest growing in the world for cars and trucks, according to General Motors Corp. Sales in the region have more than doubled since 1990,
          Bloomberg Business News  -  97 words
        • Article
          Swissair eyes majority stake in Sabena
          65 46 AFP BRUSSELS Swiss national airline Swissair wants to acquire a majority stake in the long run in Belgian competitor Sabena. Belgian transport minister Elio di Rupo said on Monday. He told correspondents that "Sabena needs five to six billion Belgian francs (***** to *****
          AFP  -  65 words
        • Article
          Japan's auto output up for 3rd month
          63 46 AFP TOKYO Japan's automobile production in December increased 9.4 per cent from a year earlier to 863.393 units, expanding for the third consecutive month, an industry association said yesterday. In the year to December, the output declined 6 per cent to 10,554,119 units
          AFP  -  63 words
        • Article
          Denver airport opening date soon
          64 46 Bloomberg Business News DENVER Denver Mayor Wellington Webb may pick an opening date for Denver International Airport by the end of the week, depending on tests of a baggage system. He is awaiting the successful completion of testing on the auxiliary baggage system for two
          Bloomberg Business News  -  64 words
      • Article
        Kobe quake dents image of Japan's bullet train
        260 46 NYT TOKYO By severing Japan's bullet train line, the Kobe earthquake has not only choked off a key transportation artery but also tarnished Japan's image of the train as an emblem of the nation's prowess in high technology. Repairing the bullet train,
        NYT  -  260 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1313 46 ctty nm no nm n»_ g> ng* nt_ Aba MaM OK 150 1620 GA984 0100 MI896 1920 2000 HlrwWn SQ977 1715 SQ978 0150 1 Ha CM MM City VN741 1310 VN740 1500 SQ227 2030 SQ171 1920 SQ172 1430 RJ182 1445 RJ183 2210 Hwrtwi UA1 0050 UA2
        1,313 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      23 27 Drentr Sooth East \su Pie l td 67 A yet R«iah Singapore 0513 Td 773 2133 FM: 773 2033 Tl« RS JUSI DWSING
      23 words
    • Advertisement
      Page 27 Advertisements Column 2
      26 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. \^mnTy For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      26 words
    • Advertisement
      Page 27 Advertisements Column 3
      43 27 PIRSONAI FINANCE INVESTMENT L »'of j Scjtuf CJCJ j If^ Business Times More than 50 post-Panamax ships on order, Pg 3 World airports report booming cargo traffic, Pg 20 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Eveiyday.
      43 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      1934 28 MOtml AmUCil I OTHBt DeaTHATKMM I j NOKTH AMERICA I MKT CAIJ. TO Wt»T COA.T HCXI I I W«»T COABT Of COfmAL AWCTICA fWAHOAWTA BCTTICH WUMW CAUTOKMIA BOW (MMCT FHOM WCST COAST) Km wt s-fok u om k» o* wmm cnc w mhco Row »a. wt |s> u nuu Km
      1,934 words
    • Advertisement
      Page 28 Advertisements Column 2
      39 28 m i o °o 0 i m i" LEAD BYii example; i i J j I For some of the best of good management. I Enterprise Management. 1 Every Monday. Business Times': t 4 tf I a i 4
      39 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      1063 29 Ml -{iy BOOKJNQ TEL: *****17/418/419 —g— cusmmmSßX^Tmj32o242l4lBFAX224BQl4 I ll I wrMw tKJOJMmmoHm:72o3mßn.cfiAmAxmcmm fil/VQT |S«|P»| PXB I SHI KHI IWh I DMH I BAH I DQH I I wl/voy si t I mm I I tti/vov aw cmb fl) I At MM Clim 30/1 13/2 11/2 13/2 15/2 14/2 14/2 15/2
      1,063 words
    • Advertisement
      Page 29 Advertisements Column 2
      422 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) I FROM AUSTRALIA (EAST COAST) WS»/¥OT Ml K6 scr HC STD MB HOB~ KSOI/VOV M STO KB M HOS A TIMAStt 70S 20/01 30/01 02/0? 14/02 11/02 21/02 24/02 ENCOUNTOI B 0523 17/Bt I 20/011A. AUSTRMIA MS 03/02 07/02 M/ 02
      422 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      1412 30 I~AQABA ROAM/ IE VESSEL VQY NO SPORE JEDOAH (VIA JED) S'TON H BURG A WERP HAVRE FRANKFURT EXPRESS 77/103 25/1 11/2 14/2 12/2 LUOWK3SHAFEN EXPRESS 17/303 28/1 6/2 13/2 15/2 18/2 20/2 22/2 DANUBE ***** 1/2 18/2 21/2 19/9 LEVERKUSEN EXPRESS 22/304 4/2 13/2 20/2 22/2 25/2 27/2 1/3 KAMAKURA
      1,412 words
    • Advertisement
      Page 30 Advertisements Column 2
      463 30 IS' pore P. Ketang Loading for FORUM AKASAKA 27/1 31/1 Rdm/Atw/UK/Nantes I VLAHERNA 6/2 10/2 Rdm/Atw/UK/Nantes •Loads E./W. Malaysia. Indonesia I I Loading for V ENERGETIC Dubai/Bahrain/D3mman/Kuwait I SEA VENUS Hodeidah/jeddah/Aqaba 'Loads Singapore. E./W. Malaysia. Indonesia I I Loading for DONA V Los Angeles/New Orleans/ I Charteston/NorfolK/Camden H OCEAN EVER
      463 words
    • Advertisement
      Page 30 Advertisements Column 3
      1210 30 NORASIA UPGRADED WEEKLY SERVICE WITH FIXED DAY SAILING and IMPROVED TRANSIT TIME 10 LA SPEZIA. FQS r BARCELONA. VALENCIA FOR MORE DETAILS/BOOKING, PLEASE CONTACT: M/S TAN SEOW CHUAN s pore GENERAL AGENT: NORASIA AGENCIES (S) PTE LTD ALSO ACCEPTV* UCL TO: TEL: *****83 FAX: *****90 CR NO. 13S*****000D VENICE/TRIESTE/AHCONA/ALEXANDRIA/PORI THAILAND
      1,210 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1814 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 4 Sfe?) new guinea pacific line aira <a service of china navigation co> CAB go out S*as STRUTS VENTURE V9503C Mwra. lab 25-26 lan 27 lan 2S lan FCL LCL CONTAINER ANO
      1,814 words
    • Advertisement
      Page 31 Advertisements Column 2
      2125 31 w y... Singapore Agent: 1 I Afl| O P&O Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Road. #07-01 Kcppcl Tower*. Singapore 0208 PPPw First Class Connections WORLDWIDE J* |,MK S K 225 5 7 7517 EXPORT IMPORT VESSEL VOY *PMG 'PKQ SIN SOU ANT HOT MAM GOT BRE LEM
      2,125 words
    • Advertisement
      Page 31 Advertisements Column 3
      841 31 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PAL PEN )0M SIN HUG KAO TAI KEE YOU THY NAG *06 OS* MC) BUS WAN HAI >06 N042 FToI ?Toi 2771 28 29 01 02 02 04 02 06 02 0/ 02 13 02 14 02 15 02 WAN HAI 216 NO 11 28~oi
      841 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      532 32 > w cfn- JOINT VENTURE wy SAMUDERA INDONESIA SIR RICKMERS win c c SINGAPORE CHINA I GREEN ERA VOY 3NB 12 lAN QMGOAO OASA SfFUUH VOY 3HB 08 FEB XINGANG SHANGHAI 'f INDUCEMENT CALL P KELANG INDUCEMENT CALL HK. P.GUOANG. 6CLAMAN, TG MAN XIAMEN. ZHANGAGANG i f*T UTAMA HARTA 5
      532 words
    • Advertisement
      Page 32 Advertisements Column 2
      1231 32 <g) HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 fm vsi 5 HEME st« yv* rex fm *a sm |me hah saw in ntc HANIN FELIXSTOWE 0241 3/2 MttCT 23/2 24/2 25/2 HAAW KUNSAN HOI 28/1 H. KOK 2/3 3/J 5/3 HA NUN R0
      1,231 words
    • Advertisement
      Page 32 Advertisements Column 3
      1239 32 £MM-£fTJ7TZTTFTJT^ Iru *6 «s rus «i os ri w no uu w me lm mm mm iw «s nc cm m ssp I EGRTEOAEOSJ 30/1 a/1 5/2 1/2 W/2 13/2 U/2 IS/7 14/2 17/2 11/2 1/1 U/J 16/3 17/3 27/3 21/3 M/ 3 30/3 31/3 11/4 I ONUS BBS 4/2
      1,239 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      2399 33 VARNA (BULGARIA) CONSTANTZA (ROMANIA) VIA UMASSOL 3 SAILING PER MONTH 12E»M« rSnra sasss asirc.- f&L^s »~M— COSTAR SHIPPING PTE LTD T *mv »<JO COSHIP ComitM: <»5tSO Mk *****95 <Ws I StariM nr *17 M CO JJ*****00M M r«ji. 22*2298 MM Src «MC *****50 '•"*KS?*iJ/ 05 730 MS BMg r«nr 2
      2,399 words
    • Advertisement
      Page 33 Advertisements Column 2
      903 33 Q HEUNG-A SHIPPING (KOREAN FLAG) II l FUU.Y COWTMOgH) SERVICE 1 1 COWVOmONAL SERVICE I JAJtAHTAOVC 1 t«fti'<l>tl JKT I NKO HJO INC MOJ W>| HKo|'««n'lj|CT| j«Y[ HKO| CT nw V WJSO3 20/01 24/01 21/01 10/41 80/02 10/02 11/02 12/12 WO. 0 DOMM SOW 22/01 01/02 M/ 02 07/02 15/02
      903 words
    • Advertisement
      Page 33 Advertisements Column 3
      234 33 ((E. FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 —HOT LINE: *****33 (30 LINES) NEXT GROUPAGE SERVICE TO PAPUA NEW GUINEA ETA: IST FEB. 95 CONTACT: KEN SIM/ WONG K.S. HOT LINE: *****33 (30 LINES) >. KLANG PH: 0203-*****02 (10 LINES). PENANG PH: 0204-*****7 (10 LINES) J. BAHRU PH:
      234 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      1239 34 I pßßH®2lznzi[HPßi^HH mi m 1 VEBBEL *f! J T IVESSEL VOY SIN PEN IH& i$ WANA BHUM 2648 Wad In Pt Sat 28/1 i| KOTA JADE JADO33 Wad |In Pi" Fri 27/1~ Mgjl VESSEL VOY BjN BKK |j IBRA BHUM »5S Frt 27/1 Wad 1/2 f IWTWA BHUM 5015 Frt
      1,239 words
    • Advertisement
      Page 34 Advertisements Column 2
      851 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********^ PORT KLANG pgNANG i vessel I hot I aw pkl kssel vot aw pct 1 St* lAtWtl 3SMJ 25/1 (Mo> 27/1 <FW) HOUB IAYA ***** 27/1 (F«) 29/1 SUW MXJ» GfMM ****** 27/1 (Ml) 29/1 (SUH) MCC COWVtYOB
      851 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      1198 35 S; ADVANCE CONTAINER LINES (PTE) LTD Z 140 Cocll Str»«t, #12-00, Pit. Building. Singapore 0106 LiZ TEL; 2312*31, FAX *****19. TELEX MS ***** ACLPL VtMtL VOY UK MM VtOOOI I VOV I MN I JKT I MM I IOOATOW COYOTAI 4flM (Op 1 00/01 (Ty) 31/0 l" (0*) |04/ m"
      1,198 words
    • Advertisement
      Page 35 Advertisements Column 2
      935 35 ||g»l|gKl^H vtsms wot un umm hambubg thms hottchomi whmw VtXI K CMMA CO7N 02/02 21/02 23/02 25/02 26/02 27/02 HUE Dt StfTTTA SO7II 00/02 01/03 03/03 05/03 20/03 07/03 W.LI D'AQULA AO 7* 10/02 08/03 10/03 12/03 13/03 14/03 Win PHTWIA HO7W 15/03 M 3 19/03 20/03 21/03 •ALSO ACCtPTMG
      935 words
    • Advertisement
      Page 35 Advertisements Column 3
      592 35 I hIMILA Mt MYANMA «BBk FIVE STAR LINE V (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIj Pen P.Gdf PAGAN V2I7W IN PORT TANAH AM V2W SAL ED MPA AN V2O7W 01/10 Feb MALAYSIA AGENTS BOUSTEAO SUPPING AGENCES *11 TEI 02 03 2****** PKI; TEI 02-03-*****67 PEN TU
      592 words
Page thumbnail Page 36
Page thumbnail Page 37
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      1772 38 TO EUROPE FROM EUROPE ftim> m KM non« ml |stok| um btm mm bbh m m \ni iym mi Bg/MM 5012/5012 21.01 2101 1 PUANS 2504 2101 11.02 12.02 IMB 15.02 17.02 MOtC« 1015 2101 27 01 KM Z Bg/MM MU/MII 2MI 2101 M> ASM 2514 01.02 1102 1102 20
      1,772 words
    • Advertisement
      Page 38 Advertisements Column 2
      400 38 ?7/i U\ 25/1 "KG/BKK/KEE/KHH G'burf/C'hajen/S'holm/Osk) 29/1 30/1 31/1 I 2/! 2 29/1 HKG/BKK/KEE/KHH Piraeus 26/1 27/1 28/1 30/1 31/1 1/2 HKG/BttK /KfP /kmm ldn/Fl*/Rtm/Ant/Ham/Leh 28/1 29/1 30/1 RECEIVING TO ZZ, 1 28/1 23/1 24/1 25/1 SHANGHAI/DALIAN 1 JPN/KOREA/MANILfI I I 25/1 26/1 27/1 j I AUSTRALIA/NEW ZEALAND If/! m/! 26/1
      400 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      154 39 CONVENTIONAL/BREAK-BULK SERVICES VESSEL VOY SINGAPORE COLOMBO SUN PULSE 10 10-15/2/95 21-22/2/95 SITRA 1 10 15-20/2/95 26-27/2/95 BOOKING/GENERAL AGENT: RICK MARINE ASSOCIATES PTE LTD TEL: 534 0800 534 0900 FAX: 534 2272 TLX: R8 ***** RMA p— JOT ET* ETD KIT POT BONANZA 950? 8/02 10/02 YANGON BY CONVENTIONAL H/LIFT UPTO
      154 words
    • Advertisement
      Page 39 Advertisements Column 2
      213 39 I VESSEL VOY SIN MAA SIN I SOCOL 4 9501 26-27/01 OH)7/02 TIGER CAPE 013N 28 29/01 03-10/02 15-16/02 TIGER ISLAND 127N 30 31/01 05-11/02 16 17/02 TIGER BRIOGE 315N 01-02/02 07-13/02 18 19/02 TIGER BAY 128N 02-03/02 08-15/02 20-21/02 TIGER SPEED 316N 07-08/02 12-18/02 23-24/02 I VESSEL VOY UN
      213 words
    • Advertisement
      Page 39 Advertisements Column 3
      349 39 1 |°1 PONCNAMA LINEI umnMmmm fwot vmmmLvmmm* 1 utisti (MS) n aw mt mc b» MMft (MM 21/(1 11/12 12/(2 12/12 IVM TH9MS MM N/12 11/(2 21/12 2J/I2 smonc TtKQ nan 11m 11/02 14/12 11/12 nm ti/ti •urn nm ii/« 2 nm nm nm m/ii KWBIWMMHItt' •ran MB mt km
      349 words
    • Advertisement
      Page 39 Advertisements Column 4
      323 39 UTEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: R3 ***** RfSHIP (3 Line*) CR NO.: **********0E """TccEPmNG^ VMMi VOT IT A Loadkifl For Abbay Woru 42W8 31/01 Mombasa. Djibouti Assab Maasawa And met 3JWB 20/03 Mombasa. Djibouti Aaaab. Maasawa FULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH FCL LCI. ALSO ISO SOC
      323 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      1659 40 ■UWiHiHHIUIfI U. S. A. /CANADA 3 TIMES A WEEK MAERSK YOKOHAMA V.9504 ETA SIN 30TH JAN 95 MAREN MAERSK V.9502 ETA SIN 31ST JAN 95 ANNA MAERSK V.9504 ETA SIN IST FEB 95 Vessel Voy ETA ETO DESTINATIONS Next week MAREN MAERSK V 9502 31/01 0800 MBS BHH BB CFS
      1,659 words
    • Advertisement
      Page 40 Advertisements Column 2
      757 40 I MlgLloyd FULL CONTAINER SERVICES Jttigi JSL _2£L I Icn| mi him |ii» ml »oi lmi II OIM llm 21/01 22 01 Nil li 02 17 *2 It/K 2H 02 21 W MM WW Ml OMT OMT M M 22 M U M 20 12 VDCMM Co 7* nil 2(01
      757 words
    • Advertisement
      Page 40 Advertisements Column 3
      841 40 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPORE P KELANG HALIFAX N.YORK NORFOLK N.ORLEANS MOBILE TAMPICO HOUSTON HOEGH CAIRN 0128 2/3 Feb 4/5 Feb 16 Mar 19 Mar 22 Mar 28 Mar 31 Mar 3 Apr 8 Apr HOEGH DUKE 0528 18/19 Feb 20/21 Feb 2 Apt 5
      841 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      582 41 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTNG ttEJWBU.iI/SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOTA. MOi. TO*TO*. MANIA*. DAVAO*. P«n»t* P. Kelanj Srjapore E'Msia* KARABEVERETT V2IE 24/25 Fib KAIIAIEVERETT V2SE 14/15 My "A" VESSEL 22/23 Mir ACCEPT** BREAK BUU/FCI/SOC CARGOES TO/FROM CHTTAGONG. CALCUTTA AND MONGLA*. Snfiporc P. Kelant* Pwinf* Paw Gudatj*
      582 words
    • Advertisement
      Page 41 Advertisements Column 2
      196 41 CtMY MVieATmi croup"" RECULAR LIMER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 21/1 27/1 29/1 31/1 GLORY SELATAN X 19/1 25/1 27/1 29/1 SIN KOMPONG SOM GLORY SELATAN VIII 23/1 29/1 SINGAPORE ASEAN TO TAIWAN
      196 words
    • Advertisement
      Page 41 Advertisements Column 3
      628 41 jE PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE «SS£L """"voT**T M "lw"" KM* CH HYDERABAD 137 HW 15/0? 25/0 2 ISLAMABAD 132-HW 03/03 13/03 SAPGOOHA 151-HR M/ 03 U/03 MAKRAN 155-HW 15/03 25/03 w mu c*i air ran aacci to mown FAR EAST CONTAINER SERVICE ONLY vessel "voT
      628 words
    • Advertisement
      Page 41 Advertisements Column 4
      714 41 liiuyaiillMilllll FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL, VOY ETA SIN ETA MAA MV SOCOL 4 V 9501 26-27/OJ 01-07/02 MV SEA DRAGON V DRGO39 28 29/OI 03-04/02 MV TIGER CAPE V.013N 28-29/ OS 03-04/02 MV TIGER ISLANO VI27N 30 3 1 01 05-06 02 MV TIGER BRIDGE V
      714 words
    • Advertisement
      Page 41 Advertisements Column 5
      308 41 SIN FAR EAST 31/1 KEELUNG/KAOHSIUNG 29/1 BANGKOK 29/1 MANILA/CEBU 29/1 JAKARTA/BELAWAN/SURABAYA 30/1 PORT KELANG/PENANG/E. MALAYSIA 29/1 BUSAN 29/1 TOKYO/YOKO/KOBE/NGO/OSA 29/1 HONG KONG S|N CHINA (*H#±W«n) 29/1 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 30/1 LDN/FLX/LVP/SOU 30/1 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romama/Poland/Bulgaria/Czech. SIN USA/CANADA 28/1 LOS
      308 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      845 42 I FIXED jgf Lill WEEKLY SAILINGS I Tel ,261-3595 J Fax 5261-0978 MELBOURNE- ill [n GP SHIPPING pte ltd I I Call: Kenny/Mas/Peter AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghundi, Islamqala (Doqharun) Hfl&IVI C.1.5./RUSSIA: ma Ata. Ashkhabad. Baku. Dushanbe. I Irkutsk. Khabarovsk. Krasnoyarsk, Korsakov, Moscow. Mllltzer Munch Novosobirsk. Sochi. Tashkent. Tbilisi.
      845 words
    • Advertisement
      Page 42 Advertisements Column 2
      700 42 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 2 FEBRUARY (Accepting to all Haw Zaaland porta) PENANG 27 JAN JAKARTA 29 JAN PORT KLANG 6 FEB BANGKOK 29 JAN MANILA 29 JAN MELBOURNE 3 FER STDNEY 3 FER RRISRANE 3 FER FREMANTLE 9 FER ADELAIDE 29 JAN 2R JAN
      700 words
    • Advertisement
      Page 42 Advertisements Column 3
      1163 42 CONSOLIDATION TO BUSAN UkSI IORMARDKK IN OFFERING TWICE WEEKLY LCL SERVICE TO BUSAN gK Call SAN ISA at DID: 277 1058 for bookings NOW!!! F^Fl Tel: Fax: Singapore 561 1668 272 9838 MTIRNATIONN. SEA FREIGHT Also has offices in:- FORNARWNG JJ MALAYSIA THAILAND PHILIPPINES mn AND LOGtSTICS SH,VK:£S flf lA.
      1,163 words
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Page 43 Advertisements Column 1
      1714 43 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 OOR Y.S.N. LI"-— V——t Honjj Kong Singapore P. jUjM| Pwwifl Sirtua 13 SAILED IN PORT 27-21/1 Qlotoe Emf aid 1 IN POUT 1-2/2 3-4/2 3 Ckto Orchid
      1,714 words
    • Advertisement
      Page 43 Advertisements Column 2
      383 43 I /2&\ CEYION SHIPPING CORPN I Rslpfl National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS nag, w m ao la m m m m a HBOt WW Till 31/1 *>/? 21/2 MP HOW KOW6 OMR 7»/l l/t Z_ ft <m»i gg ui i/t JEZ^L m
      383 words
    • Advertisement
      Page 43 Advertisements Column 3
      755 43 H CALIFORNIA MERCURY 67' eta SOP mmm I H II arriving LOS ANGELES 18/02/95 IN days I II AEX NEPTUNE RHODONITE 19E' ETA sgp 02/02/95 I ARRIVING YORK 25/02/95 IN 23 days EXPORT Mwyow CAUrOHNIA UMIII OCX) TO, U»WC CAMAO* wltIL sop I tos I oak I van ttr I
      755 words
Page thumbnail Page 44
  • Page 44 Advertisements
    • Advertisement
      Page 44 Advertisements Column 1
      1651 44 AMERICAN PRESIDENT LINES, LTD. 19 WEPPCI WO AO >03 01 JIT POH BUK.D4HC StNGAPOfft 0208 TEL 225 9966 f«» 221 4932 ALSO OFFERING SERVICE TO/FROM •PRC 'CIS VIETNAM *EAST RUSSIA 'CARIBBEAN LATIN AMERICA *EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY T0 NORTH AMERICA A CANADA WEEKLY CONTAINERIZED SERVICE Ittga/wwg
      1,651 words
    • Advertisement
      Page 44 Advertisements Column 2
      1951 44 Vf* AS AGENTS: LINE (SINGAPORE) PTE LTD (CI NO 1244S *****0 M/ GST KG NO: M 2-*****99-€) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I H IVI 1« MALAYSIA "K" LINE MARITIME (MALAYSIA) SON OHO MTEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 INDONESIA: P.T. SARANA LAUT
      1,951 words
    • Advertisement
      Page 44 Advertisements Column 3
      140 44 BANGLADESH SHIPPING CORPN. REGULAR SERVICE TO/FROM CHITTAGONG VESSEL VOYAfii CHTTAGON6 SWEAfOKt MONGLA CHTTA6ONC 1 B*NQ.A< *06) 43W 22_01 27£1 0? 02 m3m 115 £I°] 05/02 11/02 BANGLAR ROW 44* 0? 02 09 02 15/02 17/02 BMW-** MOW 42W U_o2 !9£0 2 25/02 BAWGLAR *QU I 45W 1 17/02 24 02
      140 words
Page thumbnail Page 45
  • Page 45 Advertisements
    • Advertisement
      Page 45 Advertisements Column 1
      489 45 A HYUNDAI I I MERCHANT CO- i-TD. WESTBOUND TO EUROPE BKG: *****61 [pt« [m psd vessels vor sm rim wit leh ham we* fel 25/01 27/01 28/01 H. HNOVATOR 3l3iT 30/01 17/02 19/02 18/02 19/02 19/02 21/02 01/02 03/02 04/02 H. EXPLORER 31SN 06/02 24/02 26/02 25/02 26/02 26/02 21/02
      489 words
    • Advertisement
      Page 45 Advertisements Column 2
      364 45 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE I ROM CARRER SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS VESSEL VOV SM PK LONW6 FOR OCtAH BLUE 9 20/1 MUM* 29/1 MCHON 4/2 SONBAJ 31 2/2 BAM TIN 4/2 IMMTA 5/2 COSMK CHALLENGE* 30 2/2 5/2 OUMAI 4/2
      364 words
    • Advertisement
      Page 45 Advertisements Column 3
      607 45 JEDDAH/UK/CONTNENT i STORE ICD S'TON HBUR6 RDAM LEH Ahe Atcepta, C*io For LUDNKSHAFEN EXPRESS 17/303 2S/1 1/2 15/2 20/2 11/2 22/2 to dUK tfntnikon. B«B»t ml Out* DANUBE 17/104 1/2 10/2 21/2 23/2 Rottadun :to 4 Antwerp. Amtcrdan. Oik HtMi LEVERKUSEN EXPRESS 22/304 4/2 13/2 22/2 25/2 27/2 1/3 Swftwvlan
      607 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      306 45 TODAY'S TIDES (hdjht in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1.1 1.4 1.9 2.3 2.6 2.7 2.6 2.2 I.S 1.4 1.1 0.9 0.9 1.0 1.3 1.6 1.9 2.0 2.1 1.9
      306 words
Page thumbnail Page 46