The Business Times, 19 February 1997

Microfilm: NL20862
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 Xs5 SINGAPORE Internet: http://www.asial.com.sg/biztimes WEDNESDAY, FEBRUARY 19,1997
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  • Article
    MARKET SUMMARY
    64 1 D *****79 (-26.31) D IIMAI (-12.42) PI IT COUP Wm ***** (-13.30) PJ BTMGA M lilt* (-12.30) mm MJIKKETHOODc Efl Wnd gTOClMAHCTlHMCES Tuesday Change KISK COMP IJ47J0 -4J8 NIKKH 18,470.75 -XTOJO HANO SUNG 13.***** -41.68 8SNMN3 700.16 -8.06 JAKARTA COMP _J*a 4M MANILA OOHP —3/106.43 8.41 TAIPEI WPI
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  • Article
    FINANCE
    73 1 EXCHAlKffi BATES USI St USI 1.424 1.611 1297 Oil M87 (L8N YKK Ml 0803 1.143 m 0.401 1671 HKJ 9.129 9.184 BAHT 8.938 9.054 ■JFtAH IW 0042 0.069 PUKE BATES SINGAPORE* 144 KUALA LUMPUR. 9.25 JAKARTA 18.09 BANGKOK UJS MANILA 13.50 HONGKONG 8JO TAIPEI M6 SYDNEY™ «jN TOKYO tM
    73 words
  • Article
    Malaysia to start OTC market for high-tech firms
    622 1  -  Bid to provide capital market support for Multimedia Corridor From. Eddie Toh in Kuala Lumpur MALAYSIA has unveiled a blueprint for an over-the-counter market to attract local as well as wholly-owned foreign high-tech companies. To be operational by the end of this
    622 words
  • Article
    Lock icon Concerns over Deng's health rock China and HK markets
    370 1 Shenzhen bourse hardest hit, diving more than 9% Reuter [HONGKONG] Concerns over the health of China's paramount leader Deng Xiaoping rocked China and Hongkong stock markets yesterday, with Shenzhen taking the biggest hit, brokers said. Investor attention turned to Beijing after
    Reuter  -  370 words
  • Article
    S'pore stocks slide ahead of results season
    233 1  -  By Ven Sreenivasan [SINGAPORE] Singapore stocks fell yesterday as retail investors squared positions while institutional investors kept to the sidelines ahead of the corporate results season. Another factor weighing the market down was mounting concern over the health of China's paramount leader Deng
    233 words
  • Article, Illustration
    Lock icon Indonesia to transform Natuna Island into an integrated economic zone
    667 1  -  Also being considered are plans to pipe gas to Batam for side to S'pore and Johor AVoml S N Vasuki in Jakarta THE Indonesian government has unveiled ambitious plans to transform Natuna Island, located near one of the world's largest
    Source:  -  667 words
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      Page 1 Advertisements Column 1
      86 1 nBBPB Samw Printed circuit board maker and Sesdaq aspirant Gul Technologies is expanding its manufacturing facilities, Pglfl KBWIYAUB tnmkuk,pgl Few would dispute that the long-term trend remains upwards. +farilMKhailPO,/j)? 15. Strong subscription can be expected. #U^kyoMila| msy,pg 15. Price volatility on Sesdaq attracts the speculators. pg 15 Can expect aggressive
      86 words
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      Page 1 Advertisements Column 2
      9 1 Seadaq hu come a long way: analysts, Pg 15
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      Page 1 Advertisements Column 3
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Growth rebounds to 5.8% in 4th quarter
      581 2  -  ECONOMIC SURVEY OF SINGAPORE 1996 But productivity growth for the year plunges to all-time low of 0.7 per cent By. Anna Teo THE economy has bottomed out, with all sectors faring better than expected in the 5.8 per cent growth rebound in the
      581 words
    • Article, Illustration
      Lock icon Sing dollar eases against greenback and ringgit
      323 2  -  By. Larry Wee THE Singapore dollar hit a 13month low of 551.4250 against the US dollar in interbank trading yesterday. Traders who spoke to BT attributed the US dollar buying to comments by a Monetary Authority of Singapore (MAS) official at a press
      Source: Bloomberg  -  323 words
    • Article
      Finance sector to maintain 8-10% growth: MAS
      292 2 AFTER a robust 11 per cent increase in the fourth quarter of 1996, the Monetary Authority of Singapore expects the financial sector to maintain an 8-10 per cent growth path for this year. Overall, the financial and business services sector grew 8.2 per
      292 words
    • Article
      Number retrenched rose 25% to 11,000 last year
      337 2 PRELIMINARY estimates show some 11,000 workers were retrenched last year, up from 8,800 in 1995, as a result of high costs and economic restructuring. A survey of private sector companies with at least 25 employees show that most of the retrenched workers
      337 words
    • Article
      Manufacturing sector shrank smaller-than-expected 0.7% in Q4
      479 2  -  Most economists now expect growth in current quarter By< Jennifer Lien THE manufacturing sector posted negative growth for the second successive quarter in Q4, but at -0.7 per cent, the decline was a sharp improvement from Q3's revised -3.9 per cent. Based on
      479 words
    • SURVEY Snippets
      • Article
        GDP rises 9.5% in nominal terms
        82 2 GROSS domestic product (GDP) reached $132.6 billion last year, or a 9.5% rise over 1995 in nominal terms, down from double-digit rates in recent years. Including net factor income from abroad, gross national product (GNP) grew 10.2% last year to $133.8 billion. Per capita
        82 words
      • Article
        External economy grows further
        62 2 THE external economy continued to grow last year. Overseas operations' contribution to the economy amounted to 11% last year. Latest estimates show the number of overseas set-ups by Singapore companies, including financial institutions, rose to 5,159 in 1995 from 4,708 in 1994. Over the period, direct
        62 words
      • Article
        Composite leading index up 2% in Q4
        87 2 THE composite leading index, which indicates activity about three quarters ahead, rose 2% in Q4 last year from Q3. This marked two quarters of pick-up after three quarters of decline. Compared to the same period a year ago though, the index dipped for
        87 words
      • Article
        External demand expands 7.4%
        95 2 EXTERNAL demand grew 7.4% last year, almost half its 1995 growth but remained the main source of economic growth. Domestic demand accounted for about one-third of total demand, up from 19% in 1995, due to greater consumption spending and private capital investment. Total consumption expenditure grew
        95 words
      • Article
        Savings rate dips slightly
        39 2 THE national savings rate dipped marginally to 49.7% of GNP last year, from 49.9% in 1995. National savings were more than enough to finance gross capital formation as indicated by the large current account surplus.
        39 words
      • Article
        Merchandise trade deficit pared
        119 2 THE merchandise trade deficit due entirely to oil trade last year narrowed significantly to $746 million, from $1.9 billion in 1995. The $3 billion oil trade deficit last year reflected the reduction in refining margins amidst increased competition from regional refineries. And despite the slowdown in
        119 words
      • Article, Illustration
        Retail sales improve 2.7%
        55 2 RETAIL sales rose 2.7% last year in volume terms, slightly up from 2.SS in 1995. Excluding motor vehicles, retail sales grew a stronger 6.2%, led by robust furniture/household equipment sales. Sales at department stores and supermarkets were little changed from a year ago and motor vehicle
        55 words
      • Article
        Still healthy growth for airline sector
        66 2 THE airline industry recorded slower but still healthy growth last year, and activities like international direct dial and cellular calls and Internet-related services boosted the communications sub-sector. Singapore remained the world's second busiest port in 1996, handling 12.9 million 20-foot equivalent units. And the
        66 words
      • Article
        Tight labour seen lifting building costs
        46 2 CONSTRUCTION costs are expected to go up this year due to a tight labour market, marginally higher material costs and higher overheads because of a more stringent enforcement of curbs against illegal construction workers. Construction costs rose 2.4% last year.
        46 words
      • Article
        Increase in GDP deflator slows
        87 2 THE GDP deflator, which measures the price level of economic output, rose by a slightly lower 2.4% last year, reflecting slower economic growth. Both the private and public consumption deflators grew at a slower pace. Strong investment activity pushed the deflator for gross fixed capital
        87 words
    • Article
      Apple unveils new products to boost sales worldwide
      250 2  -  By] Raja Chellam APPLE Computer yesterday announced a slew of new products, including six new Power Macintosh models, as part of a three-year plan to boost its sagging sales worldwide. Most of the products are slated for commercial availability in the Asia-Pacific
      250 words
    • Article, Illustration
      Pidemco top bidder for 2 industrial sites
      392 2  -  Offers for Übi parcels 15-20% below nearby sites sold in Dec By Diana Oon GOVERNMENT-linked Pidemco Land became the top bidder for two industrial land parcels yesterday, pitching its offers within market expectations, consultants said. Its unit, Rutile Pte Ltd, offered the highest
      392 words
    • Article, Illustration
      NTUC leadership likely to see at least six new faces
      398 3  -  Boon Heng says Mining triannial delegates'conference in April will be a watershed Byi Chuang Peck Ming THE NTUC Triennial Delegates' Conference in April is expected to produce major changes in the labour movement's leadership. Union boss Lim Boon Heng said
      398 words
    • NEWS Roundup
      • Article
        Visa card spending growth slowing
        110 3 SINGAPOREANS'credit card spending is moderating with growth falling to single-digit figures, according to data released by Visa International yesterday. For the quarter ended Sep 30,1996, Visa's volume in Singapore grew 8 per cent to US$73O million (Ssl billion) against the same quarter a year ago.
        110 words
      • Article
        New service for some property agents
        126 3 AS A farther incentive for property agencies to Join the Listed Housing Agents Scheme (LHAS), National Development Minister Lim Hng Kiang yesterday launched the HDB-Resale Net. The new service—which will be available only to LHAS agents—will cut the processing and approval time for resale
        126 words
      • Article
        Advice on doing business on the Net
        68 3 BUSINESSMEN can get first-hand information and advice on the latest developments in doing business on the Internet at a conference entitled "Net Profits —Doing Business on the Internet". Organised by the Singapore Chinese Chamber of Commerce Industry and the National Computer Board, the
        68 words
    • Article
      Second petrochem complex in top gear by Q2
      488 3  -  But $3.4b project faces competition after mid-year Reports by] Ronnie Lim THE second petrochemical complex here, which has just started plant commissioning trials, is gearing up for full commercial operations by the second quarter of this year. While the start-up of the
      488 words
    • Article
      Shell Chemicals opens $11m R&D lab to serve region
      219 3 SHELL Chemicals has set up a $11 million laboratory here to carry out petrochemical product development for its AsiaPacific customers. The R&D facility on Pulau Seraya will further boost Shell's petrochemicals operations here already the group's largest integrated production and export
      219 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      51 3 AH PRIME SHOWROOM/FACTORY/OFFICE SPACE LOCATED IN BUKIT MERAH ■BHH Expected to be completed by March 1997 "3 Excellent for corporate Image Area ranging from 2.800 SQ.ft to 65,000 sojt Naming rights possible for anchor tenant Fully air-conditioned For further details and/or site visit, please contactSole Marketing Agent Tel: 320 2622/320
      51 words
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      Page 3 Advertisements Column 2
      275 3 WHEN THE WORLD'S YOUR PLAYING FIELD, YOU ALWAYS HAVE HOME GROUND ADVANTAGE rB« Bl *m. 1 v 5 <4fe< v T S v i, B a A V mw k "jHT ft ;^L|: 41 I Ik IB A 1 M |t y-*| 1 I H M |L B L V
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • Article, Illustration
      Lock icon Baht-er times ahead?
      528 4  -  TECHNICAL VIEWPOINT Although the US dollar has a very strong upward momentum, it's overbought against the baht By\ Naresh Verma The writer is a manager of technical analysis advisory (South-east Asia) at Dow Jones Telerate. The opinions in this column are personal and do not represent the
      Source: TetaTrac  -  528 words
    • Article
      Market likely to resume its climb after current correction
      483 4  -  EYE ON THE REGION: MANILA Bat attention shifting from bine chips to speculative issues From, Al Labita in Manila THE Philippine bourse ushered in the new year with a bang, pushing the Philippines Stock Exchange (PSE) index to an all-time high
      483 words
    • Article
      Lock icon Americans turning to equity funds in retirement plans
      502 4 801 l ran accelerates shift away from conservative funds Bloomberg Business News [BOSTON] Americans are increasingly using aggressivelymanaged mutual funds in their retirement plan accounts. "There's been a real shift away from conservativelymanaged accounts to equity over the past five years, and
      Bloomberg Business News  -  502 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      293 4 «■■> EL I Jk M [m Wm±. |rA^UEI&X < U^KmXAJ iai L| IST RELEASE SUCCESSFULLY SOLD! 2ND RELEASE FOR SALE NOW mMg|]B^HK|^p^^^ A. N :-f* jjf B& jff HV" J M Ep r w ■pL^ Br xl^P^ A COMBINATION ''^9^ H PAYA LEBAB BP established industrial gj§ estate at Kaki
      293 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Thai central bank rules out baht devaluation
      612 5  -  BANGKOK Traders say BOT has lost US$lO-sl2b defending currency since December By, Alan Boyd THAILAND'S central bank emphatically ruled out a currency devaluation yesterday, as its defence of the besieged baht began to bite into the country's foreign reserves. With speculators maintaining their
      612 words
    • Article
      Lock icon Thai stocks are attractive even if baht is devalued, says Dr Doom
      342 5 BANGKOK HK-based guru bets that shares will rise more than baht's fall Bloomberg Business News WITH Thailand's currency at a 10-year low against the US dollar and its economy posting its slowest growth in a decade, Dr Doom
      Bloomberg Business News  -  342 words
    • Article
      Lock icon Ericsson probe to go on
      84 5 KUALA LUMPUR AFX-Asia DEPUTY Prime Minister Anwar Ibrahim said an initial report on alleged impropriety in the award of a Telekom Malaysia Bhd contract to Sweden's Ericsson calls for a deeper probe. "Based on the preliminary reports submitted, I think we will have to probe
      AFX-Asia  -  84 words
    • Article
      Lock icon Ramos says six-year term's enough for him
      139 5 MANILA Reuter PHILIPPINE President Fidel Ramos said yesterday six years in power was enough for him and dismissed opposition allegations he would engineer a palace coup to install himself as a dictator. Mr Ramos pledged again his respect for the constitution in an
      Reuter  -  139 words
    • Article, Illustration
      Lock icon Appealing for protection
      43 5 [YANGONJ Karen refugees carrying placards inside the Huay Kalok refugee camp, near the Thai-Myanmar border, on Monday. More than 4,oooKaren refugees, fleeing attacks by pro- Yangon Buddhist guerillas, rallied to highlight their appeal for protection from the Thai government. REUTER
      REUTER  -  43 words
    • Article
      Lock icon Dr M dismisses talk of cabinet reshuffle
      171 5 KUALA LUMPUR Reuter MALAYSIAN Prime Minister Mahathir Mohamad said yesterday he has no plans to reshuffle his present cabinet, the Bernama news agency reported. There was no problem with the present cabinet line-up, Dr Mahathir was quoted as telling a news conference in
      Reuter  -  171 words
    • Article, Illustration
      Walking on eggshells in a new relationship
      713 6  -  It would be a ptty tf Asem is marred by the Asean-EU emotional baggage AUVTDf By Yang Razali Kassim IT SURE didn't sound like a friendly way to start a relationship. Blame it on a sour foretaste that the Asian and European foreign
      713 words
    • 300 killed in W Kalimantan violence: army officer
    • Article, Illustration
      Lock icon Back after 29 years
      46 6 [PHNOM PENH] Cambodian King Norodom Sihanouk (right) gesturing as he explains the features of the Silver Pagoda, within the Royal Palace compound, to visiting Indonesian President Suharto yesterday. Mr Suharto is on a three-day visit to Cambodia, his first since 1968. AFP
      AFP  -  46 words
    • Article
      Lock icon Johor Corp to build M$2b heavy industries park
      340 6 Taqjnng Langsat to be second biggest in southern corridor after Pasir Gndang NST [JOHOR BARUI The Johor Corporation, the state economic planning agency, is developing one of the country's biggest parks for heavy industries in Tanjung Langsat, near Pasir Gudang. The Ms
      NST  -  340 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
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  • Page 6 Advertisements
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      326 6 PUBLIC AUCTION Small Land Parcels For Sale For Residential Developments Chuan 1 Hi! ijreen i 'MMM f K To allow for wider participation in government N* J land sale for residential development, the Urban V- i W Redevelopment Authority (URA), on behalf of the f J*"* CSr**. J government, is
      326 words
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  • Page 7 Advertisements
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      308 7 ijl H|r 91 Hi i^. Jlm vsCl^B^ xx^ &fr.ocat- a ■fe*H > jt^?• >v. MWiMWMWKaBF i < Migu 'yiHMßMßßK,4^WnP^ i^^Bßß^^^yiHBffißßHHHlfffi|w^^^^^^Hh|g^ li||p|B^ viniHPK II M B < H i^^K- ®v 9 I Q HH m SB S Bk. B B Hk.^l The new high-volume Canon NP 6085 can bring your business
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Beijing may limit foreign investment in textiles
      306 8 BEIJING It's also considering curbs on other sectors where domestic production is excessive Reuter CHINA is considering restrictions on foreign investment in textiles, garments and sectors where domestic production capacity is already excessive, a senior official of the State Statistical Bureau said yesterday.
      Reuter  -  306 words
    • Article
      Lock icon Shanghai anti-graft drive bears fruit
      142 8 ■SHANGHAI AFP LARGE numbers of high ranking officials in Shanghai have been jailed as part of an anticorruption drive that will be pursued this year, a party leader has said. Shanghai party secretary Huang Ju told a municipal work meeting last week that the struggle
      AFP  -  142 words
    • Article, Illustration
      Lock icon Tung confident of China nod for team
      320 8 HONGKONG He's flying to Beying to get approval for his choice of top officials Reuter HONGKONG'S future leader Tung Chee-hwa said yesterday he was confident Beijing would approve his choice of top officials for his post-han-dover administration when he visits the Chinese capital
      Reuter; AFP  -  320 words
    • Article
      Lock icon Lu Ping plans trip to Europe, US to promote Hongkong
      291 8 ■HONGKONG AFP CHINA'S senior official in charge of Hongkong affairs Lu Ping is to promote the territory in Europe and the United States in the run-up to the handover in July, a Preparatory Committee spokesman said yesterday. He will visit
      AFP  -  291 words
    • Article
      Lock icon US, Japan must forge new Sino bond: banker
      234 8 HONGKONG China will overtake Japan to be world's No 2 economy, he says AFP THE United States and Japan must forge a new partnership with China because of its role as Asia's economic powerhouse, a top banker urged yesterday. David Li, deputy
      AFP  -  234 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      190 8 LAN VIN Presenting our Spring/Summer '97 Collection. Tailored to suit you for all seasons. We are delighted to present, once again, our exclusive Made-To-Measure service from 20 to 22 February 1997, featuring the latest Spring/Summer '97 styles for men. Lanvin's Made-To-Measure Specialist, Mr. ThomasGheorghiu, will fly in specially from Paris
      190 words
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      Page 8 Advertisements Column 2
      80 8 KUOK (SINGAPORE) LIMITED -|fg§ $$50,000,000 P FLOATING RATE NOTES DUE 1998 In accordance with the provisions of the Notes, i notice is hereby given that for the six-nx>nth period r from 18 February 1997 to 18 August 1997, the > Notes will carry a rate of interest of 3.3125 per
      80 words
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  • ASIA
    • Article
      Lock icon Australian central bank upbeat on inflation outlook
      423 9 SYDNEY Interest rate levels seen right; bank warns about wage growth uncertainty AFP AUSTRALIA'S central bank warned yesterday about uncertainty surrounding wage growth but said interest rate settings were appropriate for the time being, with low inflation set to continue. Australia's official interest
      AFP  -  423 words
    • Article
      Lock icon Japanese household spending down for 7th time in 9 months
      506 9 TOKYO Slide despite higher incomes reflecting fears about coming tax changes Bloomberg Business News JAPANESE household spending fell in December for the seventh time in the last nine months, challenging government assumptions that spending would soar ahead of the consumption
      Bloomberg Business News  -  506 words
    • Article, Illustration
      Lock icon Taxing time for protesters
      59 9 [TOKYO] Labour union members staging a sit-in in front of the Diet yesterday to protest the government's plan to halt a special tax and cut the residential tax. Around 40 union members took part in the sit-in which will continue until Feb 28 when the Lower
      AFP  -  59 words
    • Article
      Lock icon N Korea may accept defection
      278 9 TOKYO AFP NORTH Korean radio broadcast a statement yesterday hinting that the country's top leader Kim Jong II could accept the defection of a senior party official to South Korea, Jiji Press reported. "As our traditional song says, those who are cowards go if they
      AFP  -  278 words
    • Article
      Lock icon Indian minister struggling to balance budget
      355 9 NEW DELHI AFP INDIA'S ruling coalition, bogged down by conflicting interests, is struggling to prepare an annual budget which will pursue free-market reforms without upsetting its communist partners. Budget balancing acts are always a tough exercise, with different groups putting pressure on the government
      AFP  -  355 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
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      Page 9 Advertisements Column 2
      116 9 Editorial, Pg 11 FOR SALE BY "EXPRESSIONS OF INTEREST" EXCEPTIONAL UNVESTMENT 255 SJSSfePiT 868 257 Adelaide PEBTH; WESItBH MSTIAIM I F' vSP i N I I. I Are you sitting comfortably? I I (You must be in Emirates' I I new Business Class.) I Comfortable? There's now up to 52"
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  • THE WORLD
    • Article
      Lock icon Myanmar risks more EC trade curbs
      395 10 BRUSSELS EC urges suspension of Y&ngon's 6SP membership over use of forced labour AFP Bloomberg Business News THE European Commission yesterday called for Myanmar to be stripped of further trade privileges accorded by the European Union over its use of forced labour. The EU's
      AFP; Bloomberg Business News  -  395 words
    • Article
      Lock icon MPs warn European Commission over BSE
      277 10 STRASBOURG, France Reuter THE European Parliament's main political groups confirmed yesterday that they would threaten to sack the European Commission unless it corrected serious shortcomings over the mad cow crisis. The leaders of the Socialists, Christian Democrats and Greens confirmed their groups would back
      Reuter  -  277 words
    • Article
      Britain aims for more exports to South-east Asia
      339 10  -  LONDON By] Neil Behrmann BRITAIN aims to step up exports to South-east Asia even as UK companies are grousing about the sterling's strength against the US dollar in the past year. The United Kingdom's sales drive in the last few years has
      339 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
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      Page 10 Advertisements Column 2
      173 10 r I a OHNI entree H I 1 H into modern noful^i^ LBjJjaj™ Offiett I.m 17,725 tq.fl. Shopt 2,159 6,?04 t,.fi. If you have found itKfiwdya!- something, you can -Vigh c^rtjng? advertise for/ree in < f^^\~ rrr T-r>lrrC Classification 821 rT^itflr (Found) to seek its owner. j Call C.A/T.S. at
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  • EDITORIAL & OPINION
    • Article, Illustration
      Upbeat note on future of S Africa
      721 11  -  OPINION THE BOTTOM LDVB By Anthony Lewis The writer is a columnist in The New York Times BOBBY GODSELL is a top executive in Anglo-American Corp, the dominant force in South African business. I asked him how he thought the country was doing
      721 words
    • Article
      IN OTHER WORDS
      144 11 'Satellite television distorts the way teenagers look at sex. Young people don't feel inhibited any more.' w Tuutu Patri Indian psychologist on the impact of satellite TV on India's youth. 'Clearly, he is very sick, but it's not clear how much sicker than the usual very S
      144 words
    • Article
      Pyongyang's tottering regime
      618 11 EDITORIAL IT is probably futile to speculate why North Korea has changed its tune over the defection of its leading ideologue Hwang Jang Yop in Beijing. It is good enough that the Stalinist regime now says that if Mr Hwang had sought asylum, as Seoul has insisted
      618 words
    • Article, Illustration
      Lock icon China powers ahead
      1111 11  -  After a soft landing last year, Bering looks to another year of low inflation and steady growth By] Louise do Rosario The writer is a Hongkong-based writer who contributes to BT THE OX is a symbol of strength and diligence. The same can be said about the
      FILE PHOTOS  -  1,111 words
    • Article
      Factual errors hurt Haw Par
      235 11  -  MAILBOX Kristie Yeong Manager (corporate affairs) Haw Par Brothers International I REFER to your article on Haw Par headlined "Waiting for a giant to awake", in Business Times, Feb 3. Apart from being lacking in understanding of Haw Par's recent achievements, the article contains a
      235 words
    • Article
      WHAT THE OTHERS SAY
      440 11 W«»lUtigM mniwhniHUt SIXTY-EIGHT countries have signed a historic pact opening up the global telecommunications market worth some US$6OO billion (SsBs2 billion). From the onset of liberalisation, only large countries and big corporations seem to benefit, with their advanced technology and strong financial backing. But Singapore is
      440 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      36 11 POOWESBUET By Garry Trudeau W BormeNPS'l FO/WBJC% iunpsr- SO?I WWEH, UKZ, OH, G&AT! R XXJCJANT j BOmeWs/\ $TANP,dUT PoN'Ts££ r JUST THINK INO P£OPl£ H <%> f TO INVITE Imrpew thkisour WHATTHB WW e ONLYINA&MN6, 016 PEAL
      36 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Crying over Evita
      631 12  -  The opening of the film in Argentina has stirred up a bitter debate, writes sebasiuh rotella SEBASTIAN ROTELLA LAT Resurrected by Hollywood, Eva Peron has returned to Argentina in a characteristic blaze of hype, strife and emotion. Monday's Argentine premiere of the film version of Disney's rock
      LAT; FILE PHOTO  -  631 words
    • Article
      Lock icon Berlin market sees another vintage year
      591 12 FILM FESTIVAL Number of movies at vital film market up 10% on last year Reuter [BERLIN] Two European films have caused an early stir at the 10th annual European Film Market that runs parallel to the Berlin Film Festival, and buyers at one of
      Reuter  -  591 words
    • CHATTER BOX
      • Article
        Lock icon Watch this
        80 12 Reuter [HONGKONG] China's entrepreneurs are showing they have picked up a trick or two from Hongkong's capitalists. Diamond-encrusted watches bearing the profile of China's 92-year-old paramount leader Deng Xiaoping went on sale on Monday, the latest souvenirs touted to celebrate Hongkong's handover on July I. The manufacturer? The
        Reuter  -  80 words
      • Article
        Lock icon Delon and Bacall bomb out
        114 12 Reuter [BERLIN] A star-studded French film, making its world premiere at the Berlin Film festival, met an icy reception that left actors Alain Delon and Lauren Bacall shaken at an acrimonious news conference. The film LeJourEtLaNuit (Day And Night) with French heartthrob Delon and the
        Reuter  -  114 words
      • Article, Illustration
        Lock icon Honouring Ella
        66 12 Reuter [NEWPORT NEWS, Virginia] Officials are considering (Unding an annual jazz festival to honour one-time resident Ella Fitzgerald, the late jazz singer, the Newport News Daily Press said. The proposed Ella Fitzgerald Jazz Extravaganza would feature a performance by at least one major jazz artist and offer clinics
        Reuter  -  66 words
      • Article
        Lock icon Goldmans on tour to sell book
        85 12 NYT [NEW YORKJ Fred, Patti and Kim Goldman have started v touring to publicise their new book. His Name Is Ron; Our Search For Justice (William Morrow), which they wrote with William and Marilyn Hoffer. They plan to visit 13 cities to promote the
        NYT  -  85 words
    • Article, Illustration
      Lock icon Mixing art with commerce
      838 14 ART It's a happy marriage as US museums posh products to cash in on the public's appetite for high culture NYT [NEW YORK] At the American Museum of Natural History, painters are putting final dabs on dioramas for a show next month called "Endangered! A World
      NYT; FILE PHOTO  -  838 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      53 12 BusiiilM Game and winning big! vTI /lait 1 aspiring franchisees J mmmS etectro nfcs ■F J®ureelfwfchl aspaho *ttey I Available at Newsstands NTUC Supermarkets Caltex Published by Times Periodicals, member of STOP PRESS kiosks 7 Eleven Mobil naoore Times the Bookshop Cold Storage SPC p Kinokuniya Shell BP Ab ,j.
      53 words
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      390 13 Where to wine, dine and entertain Celebrate the Year of the Ox at Meisan Special Set Menus for 4 to 10 persons ranging from $188.00+++ to $738.00+++ from 31 January to 21 February 1997. For reservations, please call 731 7996. SI MEISAN Ml SICHUAN MSTMMAWT lOVAI OOWNC PLA2A SJMCAfoei 25
      390 words
    • Advertisement
      Page 13 Advertisements Column 2
      164 13 SINGAPORE BUSINESS Giving you the winning edge ZffLuncb cucn 90in ms every Saturdays, Sundays and Public Holidays from 12 pm to 530pmi Highlights induct*: kO varieties of Coccd, Western and Northern Indian favourites. includes Chicken Ukka, Koti Prata, flonya Kueh and Penang Kofak. Waffles with 9ce Cream Counter. Choice of
      164 words
    • Advertisement
      Page 13 Advertisements Column 3
      85 13 I 1 1 GESI' Restaurant At The Neptune on Shenton Way i Dian Xin/Lunch l(/g% 11.30am-2.30pm I 7th floor, overseas union house. COUYER OUAY. SINGAPORE *****1. fEL: 224 3922 j I SinV y«u* fe«U\ info juccule»*V/CUoic« VS 6«ef $ud\ *S T«H>«*toi»v, T-&«*e, Sirloin or Ri\?«y« for Only Jlllfl Or Savour
      85 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      730 13 TV&RAPIO ffcTMilin n I- 35 The Extraordinary. 0.00 Shangrilla. rrvuxu3r > M ■> m Roots. 10.00 Cinemathique: Autumn I*o PM TV Innovations. 3J5 Gossip Show. In Paradise (See Our -w an 2.30 The Winners. 3.40 That's My Boy Only Choice). fIH 3.00 Money. Money. Money. When It Hurts. 12.00 MN
      730 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      299 13 CRYPTIC CROSSWORD 1 A direct route provided imme 8 One using his loaf to support the family? (11) j j j j j j 11 The horse ran round the ring il I I Mail sorted for W African ||fl jj^V 13 Feeler from worker girl reject--15 It supplies needs
      299 words
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  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      211 14 TM WEATHER tttngaporec Partly cloudy and occasionally windy. Afternoon showers possible. Temperature (32-24) Ernpu Hl/Lo* Qnl Aaate Hi/Lo* Cond. HVLo* Good. At rilim 06.01) (V>ud\ AtlaaU 17 05 Cloudv Auckland a/14 Cloudy At** 14/07 Cloudv BuoosAra 47/17 Cloudy IfO Cloudy Bdrta Oi-3 Cloudv Hur»#o IB -t Cloudy Nag SX/19 Onrfy
      211 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Gul Tech plans expansion
      589 15  -  PCB maker expected te lock off IPO next week of all Dew shares By- Annette Pau [SINGAPORE] Local printed circuit board manufacturer and Sesdaq aspirant Gul Technologies is expanding its manufacturing facilities, and gearing up to take on more high-end PCB production in the next two
      CHRIS LOH  -  589 words
    • Article
      Sesdaq has come a long way: analysts
      268 15  -  By' Ven Sreenivasan [SINGAPORE] The Stock Exchange of Singapore Dealing .Automated System, or Sesdaq, has achieved its objective of providing small and mediumsized companies an effective jyeaue to tap fluids from the capital market This is the verdict of analysts as the junior
      268 words
    • Article
      Commerce Asset earnings up 41%
      272 15  -  From Ruth Wong in Kuala Lumpur THE vibrant financial sector helped Commerce Asset Holding Bhd, one of Malaysia's top banking and financial services groups, post a sharp 41.3 per cent hike in earnings to M 5267.55 million (*****.7 million) from M 5189.4 million. The strong
      272 words
    • Article
      Sesdaq no longer seen as the poor man's casino
      668 15  -  HOCK LOCK SIEW Conrad Raj SESDAQ, Singapore's second board, has come a long way since it was launched 10 years ago and panned by the Asian Wall Street Journal as a dumping ground for unwanted government stocks. Although it is no
      668 words
    • Article
      Omni Industries launches IPO to raise $22.9m
      439 15  -  Electronics and plastics group offering 54m shares at 45 cents each Annette Pau [SINGAPORE! Local electronics and plastics group Omni Industries is raising $22.9 million from its initial public offer of 54 million new shares at 45 cents each. The offer, which was
      439 words
    • Article
      Chuan Hup wins HDB site
      112 15 [SINGAPORE! Chuan Hup Holdings has been awarded a tender for a 99-year leasehold residential site by the Housing and Development Board. Subsidiary Chuan Hup Realty Pte Ltd, together with Heng Holdings SEA (Pte) Ltd, clinched the site at the junction of West Coast Road and
      112 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Bob Hasan seen heading Astra
        543 16 Suharto associate tipped to be named Cfcjeff «wnmi«rinnflr at country's largest carmaker Reuter [JAKARTA] Business tycoon Muhammad "Bob" Hasan, a close associate of Indonesia's President Suharto, is tipped to take a key role in the country's largest carmaker, PT Astra International, brokers and analysts said
        Reuter  -  543 words
      • Article
        Jardine to pull out of Sizzler tie-up
        258 16  -  From I Surinder Singh in Sydney HONGKONG-managed conglomerate Jardine Matheson Holdings has said that it is pulling out of a tie-up with Sizzler International in Australia which will see 39 of the restaurant chain's 78 outlets being sold. According to a report in
        258 words
      • Article
        SingTel awards $40m contract to CNS
        120 16 [SINGAPORE] Singapore Telecom (Sing Tel) has awarded a $40 million contract to Communication and Network Systems Pte Ltd (CNS) for the supply of telecommunications equipment to expand its local phone network and make it more reliable, the company said yesterday. CNS, a local partner
        120 words
      • Article, Illustration
        Lock icon Bakrie seeks S'pore firms for tie-ups to make car parts
        436 16  -  By' Yang Razali Kassim [SINGAPORE] Indonesia's Bakrie Group is keen to tie up with Singapore companies to produce automotive components and help it meet Indonesia's local content rules. The Indonesian conglomerate is scheduled to launch its maiden car project by
        ARTHUR LEE  -  436 words
      • Article
        S'pore firms eye Nasdaq
        136 16  -  From Eddie Toh in Kuala Lumpur THREE Singapore-listed companies are seeking secondary listings on Nasdaq, officials of the American exchange revealed yesterday. John Wall, executive vicepresident of Nasdaq, said discussions are being held with the Singapore firms. He said two of them are in the electronics
        136 words
      • Article
        Manila bourse suspends MBf unit for second time
        441 16  -  Move comes after share price jumps 50% in opening trade From, Al Labita in Manila THE Philippines Stock Exchange (PSE) yesterday suspended for the second time trading of a listed unit of Malaysia's MBf Holdings Bhd because of the unusual movement of
        441 words
      • Article
        FLEH unit to raise HK$60m via rights
        169 16 [SINGAPORE] Freight Links Express Holdings' (FLEH) Hongkong-listed subsidiary Vincent Intertrans has proposed to raise nearly HK$6O million (5511.02 million) in a rights issue. The company said in a statement yesterday that its 51.95 per cent-owned subsidiary is proposing a 1-for-l rights issue of
        169 words
      • COMPANY Briefs
        • Article
          ECS Computers in Netscape tie-up
          53 16 [SINGAPORE] NatSteel'B ECS Computers (Asia) has tied up with Sembawang Media to distribute Netscape products in Singapore. Under the joint venture, ECS, an Internet/Intranet value-added distributor here, will distribute Netscape's Internet browser and Internet server software. Sembawang Media continues to be the systems integrator for
          53 words
        • Article
          Vickers Ballas director resigns
          48 16 [SINGAPORE] Vickers Ballas Holdings yesterday announced that David Philbrick Conner has resigned as a director with immediate effect. New members have been appointed to the board: Michael Antonio Contreras Rico, 43, will be a non-executive director while Shehiad Naqvi, 41, will alternate with him.
          48 words
        • Article
          Lock icon MBf subsidiary renamed
          65 16 Reuter [MANILA] Investment holding firm RFC Inc, a unit of MBf Holdings Bhd of Malaysia, said yesterday the company would be renamed MBf Inc. RFC also said that while the Philippine central bank had approved its subscription to 45 million pesos (512.4 million) worth of shares representing
          Reuter  -  65 words
        • Article
          RDC boys bungalow for $6m
          44 16 [SINGAPORE] Resources Development Corp hat acquired a bungalow on a freehold site area of 12,156 sq ft for 96 million. Wholly-owned subsidiary RDC Simei Development Pte Ltd will redevelop the site in Jalan Soo Bee into six terrace houses.
          44 words
        • Article
          Tuan Sing to lease 3 units at The Oxiey
          69 16 [SINGAPORE] Tuan Sing Holdings has agreed to lease three units at The Oxley to substantial shareholder Nuri Holdings (S) Ptd Ltd. The commerc ial-cum-residential property project was developed by Tuan Sing's wholly owned subsidiary, Oxley Development Ptd Ltd. Each lease would
          69 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Deutsche Bank net gain up 4.8%
        445 17 Operating profit np 37% despite a series of blows, including debacle at MGAM Bloomberg Business News Reuter [FRANKFURT] Deutsche Bank AG, Germany's largest bank, yesterday reported a 4.8 per cent rise in net profit in 1996, a year in which its earnings and image
        Bloomberg Business News; Reuter  -  445 words
      • Article
        Lock icon France Telecom seeks Asian partner for Global One alliance
        497 17 WTO telecoms pact will improve access to Asia: official Reuter [PARIS] France Telecom said on Monday that it is looking for an Asian partner to join the Global One alliance with Deutsche Telekom and Sprint Corp. Gerard Moine, director of external
        Reuter  -  497 words
      • Article, Illustration
        Lock icon Paper power
        59 17 {MONTREAL] Abitibi-Price chairman and CEO Ronald Oberlander (left) as well as Stone Consolidated president and CEO James Doughan talking to the media in Montreal on Monday. The two companies proposed a C 54.31 billion (554.5 billion) merger last Friday to form AbitibiConsolidated Inc, which will be one of
        REUTER  -  59 words
      • Article, Illustration
        Lock icon Barclays' 13% profit rise disappoints investors
        432 17 Results hit by poor performance in investment banking Bloomberg Business News [LONDON) Barclays pic's shares plunged as much as 3.8 per cent yesterday after the bank said 1996 pre-tax profit rose 13 per cent, at the low end of expectations, as poor investment banking
        Bloomberg Business News; Source: Bloomberg  -  432 words
      • Article
        Lock icon Biggest US thrift in US$6b bid for rival
        268 17 Bloomberg Business News [IRWINDALE. California] The largest US savings and loans bank H F Ahmanson Co made an unsolicited takeover proposal for rival Great Western Financial Corp valued at almost US$6 billion (SSB.4 billion) in stock. The Wall Street Journal reported, citing
        Bloomberg Business News  -  268 words
    • FINANCE & COMMODITIES
      • Article
        Daimler-Benz unit won't finance parallel importers
        553 18  -  Stand taken despite aim to become major leasing player for its products Dy\ Siow Li Sen [SINGAPORE] Debis Financial Services, a unit of the Daimler-Benz conglomerate that owns Mercedes-Benz, will not finance parallel importers in Singapore, the firm's executives said here yesterday. "We will
        553 words
      • Article, Illustration
        Lock icon Deng and the dollar
        50 18 [TOKYO] Money dealers conducting US dollar trading as a quotation boardflashes the current rate at a foreign exchange brokerage yesterday. Concerns over the health of China's paramount leader Deng Xiaoping gave support to the US currency but profit-taking checked the currency's advance near 124.70 yen. REUTER
        REUTER  -  50 words
      • Article
        Indon firm US$105m loan
        264 18  -  3-year loan to Tempo Scan Pacific at 0.9% interest above Sibor By! Soh Tiang Keng [SINGAPORE] Nineteen Sin-gapore-based banks yesterday signed an Asian-dollar market deal here to lend US$lO5 million (Ssl4B million) to HVL Management BV, the financing arm of Indonesia's pharmaceutical group. Tempo Scan Pacific.
        264 words
      • Article
        Lock icon Euroyen, JGBs well supported
        234 18 SSMELReport Reuter [SINGAPORE] Simex Euroyen Euroyen and Japanese government bond (JGB) futures remained well supported on the downside but saw limited interest due to a lack of fresh leads, dealers said yesterday. They said the Nikkei's failure to extend its early gains and news that Moody's
        Reuter  -  234 words
      • Article
        Reports of Deng's poor health prompt sales
        190 18  -  MSCI TAIWAN FUTURES By Perry Gilbert vice-president, Refco Singapore PteLtd [SINGAPORE] Reports of further deterioration of Deng Xiaoping's health caused institutional selling by BZW Futures (S'pore) and Natwest Futures Asia as the Taiwan futures contract fell away from the day's high of 325.0
        190 words
      • Article
        Lock icon Oil majors losing market share in Asia
        200 18 ENERGY REPORT Reuter [TOKYO] Oil majors are expected to lose market share in Asia as deregulation provides local newcomers with a greater role, an energy specialist said yesterday. Dennis Eklof, director of US-based Cambridge Energy Research Associates, told a symposium here that a
        Reuter  -  200 words
      • Article, Illustration
        Untitled
        1427 18 nrrBKBAMK CROSS RATES Feb is AS C$ ECU ffr D» W MbHjUk Tm In >ft HZ$P»h Hw 5$ Kawd Sfr WT$ Idirt Pomt US$ AostraSSa 1.038 6.178 0.670 4.401 U04 5.935 27.498 ***** 0.954 (.642 1909 t.108 30.779 20.174 1091 1379 1.05 *****20.035 0.475 0.766 Canada 0.963 6.133 0.646 4239
        1,427 words
      • Article
        Lock icon CURRENCY REPORT
        288 18 Reuter London THE US dollar was little changed from overnight levels in early trade, with the market still cautious about pushing the greenback towards 125 yen and much above 1.70 marks in the short run, analysts said. Sterling was slightly lower but remains well supported by foreign investment
        Reuter  -  288 words
      • Article
        Lock icon Kerry Hldgs raises loan facility to US$750m
        202 18 Reuter [HONGKONG] Kerry Holdings has increased the size of its loan facility to US$75O million (551.06 billion) from US$5OO million after the issue was oversubscribed in the underwriting phase, the arrangers said on Monday. The issue was oversubscribed to over US$l billion but
        Reuter  -  202 words
    • Article
      COMMODITY PRICES
      1854 19 S1C0M FUTURES Feb is RUBBER (Mures ctovog as at 5.30pm) RSS1 CONTRACTS cwtsAg) Close Volume Open Month High low Sett (tonnes) Interest Mar 97 ***** 1225 Apr 97 174.50 172.00 174.25 175 1000 fey 97 175.50 173.00 175.50 175 1175 Jim 97 176.50 174.00 176.50 175 1025 Jul/Sep
      1,854 words
    • Article
      Lock icon TOKYO
      1666 19 Reuter P Nikkei 225 -***** THE stock market's key index saw its five-day rally end yesterday as global blue-chips lost their shine after recent heavy gains. The 225-share Nikkei Average fell 279.90 points, or 1.5 per cent, to the day's low of 18,470.75. Its March futures shed 220 to
      Reuter  -  1,666 words
    • Article
      WORLD STOCK MARKETS
      2378 19 fa»W vim awm London: FTSE-100 4,332J -5 J Parts: CAC-40 2,617.52 16.96 Stockholm: OMX 2,089.27 -0.57 Frankfurt DAX 3.276.16 *4159 Brussals: BEL-20 2.111.51 *10/47 Milan: Mito-30 18.218 >86 Amsterdam: EOE 735.40 ♦3.41 Zurtcls SMI 4,490.7 23.9 Jo'burg: Joftan-lnd 8 J57.I »416 f»l7 Va*»a CMma Toronto: TSE Comp
      2,378 words
    • Article, Illustration
      Lock icon HONGKONG
      1583 20 AFX-Asia CI Hang Sen* -4L68 SHARE prices yesterday closed well off their lows as European selling did not materialise and with little official confirmation of reports that the health of China's paramount leader Deng Xiaoping is rapidly fading, dealers said. The Hang Seng Index lost 41.68 points at 13,102.94,
      AFX-Asia  -  1,583 words
    • Article, Illustration
      Lock icon CHINA
      665 20 Reuter n Shenzhen B Index -1159 THE Shenzhen B market ended sharply lower yesterday with rumours about the health of Chinese leader Deng Xiaoping dampening market sentiment. The B Index lost 14.59 points, or 9.6 per cent, to 137.72 on volume of 28.5 million shares worth HK5152.6 million. The
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  665 words
    • Article
      Lock icon TAIPEI
      373 20 AFP □WP Index -46J5 SHARE prices finished lower yesterday in response to reports that China's paramount leader Deng Xiaoping's health was deteriorating. "Investors dumped shares due to reports of Deng's illness, but foreign institutions picked up petrochemical and electrical issues in the late session," said a broker. The TSE
      AFP  -  373 words
    • Article
      Lock icon WELLINGTON
      258 20 Reuter Wellington *3.48 SHARE prices ended slightly higher in quiet trade yesterday. The benchmark NZSE-40 Capital Index ended 3.48 points higher at 2,331.32 on turnover worth NZ$4l.4 million. Renter MM us r»0» AN2BanMnfl_ 935 0.20 45X29 Advantaflai MMgi 1.25 unch tSOO Air Naw 2(aland (A) 2.85 0.01 7682M AkK*«
      Reuter  -  258 words
    • Article, Illustration
      Lock icon BANGKOK
      835 20 AFP n SET Index -8.05 SHARE prices dropped 1.1 per cent yesterday due to a sell-off in financial stocks and a lack of positive leads to overcome concerns over the economy and the weakness of the baht. Trading was thin with sentiment weak following Moody's Investors Service announcement last
      AFP  -  835 words
    • Article
      Lock icon SEOUL
      415 20 AFP P Composite Index -5J99 SHARE prices closed 0.8 per cent lower yesterday on waning institutional buying support amid concerns over the economy, dealers said. A trader said the won's sharp depreciation was a major concern for the market's future. "The foreign exchange situation is likely to make foreign
      AFP  -  415 words
    • Article
      Lock icon SYDNEY
      618 20 AFP Fl All Ordinaries *BJS SHARES closed at a record high yesterday amid strong demand for banking stocks. The All Ordinaries Index climbed 8.5 points to break through the crucial 2,500-point barrier and close at 2,501.7. Turnover was 409.6 million shares worth A 51.02 billion. The banking sector was
      AFP  -  618 words
    • Article, Illustration
      Lock icon JAKARTA
      780 20 AFP ST3 Composite Index -6155 SHARE prices closed 0.9 per cent lower yesterday amid profit-taking and lack of incentives to buy. "It was quite a disappointing day. Basically, there is a lack of direction because Wall Street was closed and most of the Asian markets don't know where they
      AFP  -  780 words
    • Article
      Lock icon MANILA
      318 20 AFP n Manila -8.41 STOCKS fell yesterday in a market dominated by local investors with foreigners sidelined by the country's political problems, brokers said. The PSE Composite Index fell 8.41 points to 3,306.43. Turnover was 49.7 billion shares worth 3.9 billion pesos. Philippine Long Distance Telephone dropped 20 pesos
      AFP  -  318 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8349 21 INDUSTRIALS Consumer products 1997 List Vol Day Net Cap High Low Company Salt 000 High Low P/E Smll 755 680 A|inomoto .745 25 24 755 710 56.8 302.0 444 334 Angkasa 432 4 17)9 444 430 12 8 636.9 905 750 Apollo Food Hlg 790 5 233 810 790 316.0
        8,349 words
      • Article, Illustration
        Lock icon Stocks close lower on profit-taking
        575 21 AFX-Asia Composite Index -458 SHARK prices closed lower yesterday with profit-taking reversing early gains. Dealers said there was a lack of buying interest from both local and foreign investors while retail investors were quick to take profits on second board stocks. The KLSE Composite Index
        AFX-Asia  -  575 words
    • WARRANTS&OPTIONS
      • Article
        Berjaya Leisure wrt: avoid for now
        215 22  -  WARRANT WATCH Ven Sreenivasan CLOB-TRADKD Berjaya Leisure's 1999 warrant jumped a whopping 32 cents cents, or 15 per cent, to $2.45 on a volume of 2.2 million units on the Stock Exchange of Singapore. Likewise, across the Causeway, the instrument jumped 50 sen, or
        215 words
      • Article
        Untitled
        4065 22 BONOS. LOANS ft WARRANTS wt 1996/1997 U«t Vol Day La»l Ouota Avq M«jh Low Stno Company Sal# *<"' COOO) High Low Buyer Seller Prke 65 47 m 3000 m AMDB cS.5%*****6 61.5 -2 S23 63.5 61.5 61.5 62 54.5 39 3160 "Acer ******1 US$ 54 5 »4 349 54.5 52
        4,065 words
    • Article
      CLOB INTERNATIONAL
      2477 22 MALAYSIAN STOCKS Gc Gr 1996/1997 Last Vat Day Last Ouote Mv Dtv VM Nat M Cap High Low Stno Company Sa>a COOP) High Low Buyer Se»er H C'w P/t $mM 625 360 mi 5000 AISB50c 412 386 416 5.0 4.9 0.3 85.5 422.6 132 84 mi 5001 AMDB
      2,477 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1657 23 TURNOVER fOOO) VALUC ('000) Main CM6 Tot* mix CIO Wjj hHurtrl* 96.949 42.149 139.118 173,584 74,MO 249,724 Flnanc 4 10,151 21,910 32,061 75,420 27.329 102.749 MOWS 3.091 1.970 5,061 10,382 4,492 14,874 Propofttes 7,959 34.659 42,618 50,444 46.695 97.139 Plantation 1,138 1.138 3,036 3.036 Mtmrwj 5« 592 1,754 1.754 8L*
        1,657 words
      • Article
        MAIN BOARD
        5052 23 Gr Gr M Wt HW1M7 Last Vol Day Last Ouote Dlv Olv VM Nat Cap Avq High Law StNa Company Sala COOO) High Law Buyar Saltar CMr P/E Smll Price MOUSTWALS 5146 ASENT$10 200 US- 1000 900 1275 ASF US$0.01 tOO US900 885 90.0 214 163 1258 AcarSOc
        5,052 words
      • Article
        SESDAQ
        1156 23 Gr Or M Wt 1996/1997 LMt Vol Day Last Quota ON D*» VM Met C<» Av« mt> L— HW» Ctm—mt fan COOP) u» Buyr Mir Cw P/E $m« Met 289 135 2000 ABRHIdqsSc »68 -3 41 172 16S 167 169 3.0 14.2 0.1 KM.O 74.7 170 183 68 a
        1,156 words
      • Article, Illustration
        HOT STOCK
        74 24  -  bf Shiv Taneja SMB UNITED, which closed one cent lower at 52.5 cents yesterday on a volume of 17.06 million units, is near its 12-month high. Daily and weekly RSI and stochastics are well past 75, and yet there is the possibility of more upside as the directional
        74 words
      • Article, Illustration
        Market eases as players lock in profits
        599 24  -  Investors stay on the sidelines ahead of the upcoming results season while contra players square their positions STOCK MJJtIBT COW KITAIT By Ven Sreenivasan (SINGAPORE] Shares fell across the board yesterday as investors decided to lock in profits made in the price surge
        599 words
      • Article
        Untitled
        226 24 Stocks Vrtat SUB United 10c 17,064,000 *MBf Hkkjs 50c 14,332,000 FHTK Hkfcjs 20c 10.534.000 *FAC8 50c 8,582,000 •Berjaya Ind 8.422,000 CM Telecom 75c 7.539.000 Chun Soon Huat 7.m.000 •Choc Prod 50c 6.691,000 •MBFLandBhd 6.589.000 •ArnsteH Wt 6.108,000 Sticks KeppH Corpn 23,819,461 08S Foreign 21,608,312 OCBC Foreign 20,232,788 City Dev 50c
        226 words
      • ON THE GRAPEVINE
        • Article
          Lights out
          62 24 BUSINESS at DBS Securities was hit by a power failure yesterday morning that lasted about 45 minutes. With no lights and all computer terminals down, most of the dealers and remisiers chatted away the minutes while those who sat near windows spent their time doing paper-work. Power was
          62 words
        • Article
          Benfire of the very expensive
          47 24 GUESS it may not be auspicious to talk about the Hungry Ghost Festival in the midst of the Chinese New Year, but did you know that BMW replicas were the most popular type of paper cars burnt during Hongkong's Yuen Lan Festival?
          47 words
        • Article
          When buying brings the taxman
          109 24 RELATING a story about the benefits of leasing (rather than buying), one executive from the financial services unit of Daimlerßenz Inter Services, an arm of the Daimler-Benz group, had this to say: In certain Asian countries where the culture of leasing has yet to catch
          109 words
        • Article
          Balanced growth
          171 24 ITS not often that you find a balanced fond outperforming an enhanced growth fond, but then last year was no ordinary year for portfolio returns, with bonds, in many cases, giving considerably better return than equities. From its inception in June last year to the end 0f1996, CitiSelect
          171 words
        • Article
          On notice
          93 24 AT A recent meeting of holders of a Singapore-registered unit trust, one young, somewhat vocal, holder demanded to know what management fee the company charged. On being tokl the annual charge was 1.75 per cent, he demanded a reftind of a portion of the fee, given that the
          93 words
        • Article
          Down and out?
          80 24 NOT that we need any man examples of how badly some Asian markets did last year but here is one for the record. According to the US-based Mutual Funds ma&zimt, the five worst performing US-registarsd specialised mutual ftinds for ths three months ended Feb 13 were either
          80 words
        • Article
          Ubin beckaus
          65 24 A WELL-TRAVELLED colleague went to Pulau Übin for the first time in his life this past weekend. And he admits: "Ifs ironical, but 1 decided to go only after my curiosity was aroused by a Time magazine advertorial on Singapore offshore islands." And here is some advice: Before
          65 words
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      Page 15 Advertisements Column 1
      80 15 it* <gw m I V wp m mi #L I U SINGAPORE BOUTIQUES: CENTRE POINT #01-30 TEL: 737 4509 MILLENIA WAIX *01-30 TEL: 332 3747 PARAGON BY SOGO #01-19/23 TEL: 734 9935 CORNERS: TAKASHIMAYA S.C. METRO PARAGON DAIMARU C.K.TANG KUALA LUMPUR: UNIT PBA LOT 10 TANGS-STAR HILL SOGO K.L ERAMAN
      80 words
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      67 16 HK' JAPANESE RESTAURANT SUSHI TEPPANYAKI ONLY THE GINGA KS Feast on exotic Sushi P\ V A J creations while our ml' chefs whip up a sizzling M\j, I i Teppanyaki treat of Fish, r w Jf Prawns, Chicken and Beef. Inclusive of fresh Salad Greens, L Miso up 311(1 Dessertsprices
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      Page 16 Advertisements Column 2
      185 16 I ffful 8 WvfK2Wvo6 I63fn OT IOU iTlUilHjiSCipiirwQ pTOT&SStOfwi WHQ la network of international offices, OCRA provides confidential and cost inactive company formation in all the major low tax anas I including: II FuN Professional after sales services provided. For a FREE copy of our 100 page oolour brochure or
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      467 17 WMI2OOO COMPUANCE Overcoming ttl6 COlTiputing CnOlfengS of the Millennium i 8:45 Chairman's welcome and day's overview 8:45 Chairman's overview and welcome HONG KONG t SINGAPORE HONGKONG The University of Hong Kong Asia Computer Weekly SINGAPORE To be announced m ,w ttszszsr* HONG KONG Legislative Councillor HONG KONG 4 S/NGAPOftE Unisys
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      Page 17 Advertisements Column 2
      147 17 I~HAiR% RFSCI IE it During this Hair Rescue Cam- and what action can be taken to corpaign, our consultants at SVENSON rect them. Many people have enjoyed will take a few hairs from the bald- new confidence by having such soing areas of your scalp and send them phisticated but
      147 words
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      88 18 ■HMMflNMfill Teochew Raw Fish. A Fresh Approach To Tossing Up Luck. Authentic Teochew-style Yu-Sheng at Hung Kang Restaurant. It's a different approach, but it's not new. In fact, every dish is a faithful re-creation from age-old recipes, using only the freshest ingredients. Surely the most savoury way to usher in
      88 words
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      70 20 I A I These and other corporate milestones present perfect opportunities to I\ I w 111 t Q enhance your corporate image with a self-funding special feature in our 2L S I F°r more on how you occasion Jy feature, contact: Joe Hcng-Tel: 740 2481 Pg: 9306 8499 Pfw W®
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      143 22 Send 10 free faxes today! J|£ I I jSttMAiLER Got an Internet account—try out Send e-mail to any place in I 1 I;i Asia One's Fax Mailer where you TV| nfl |j| I continental United Slates from I 1" "Ic can send e-mail |/i riMllll P ll H[ anywhere in
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      79 23 ■evolent. jS9 lis BALLY tocaM: 738 4Qg» WaWlaa Hotal A. .rtIMSMOiW. Imtan «oo—TH: 738 QBB3 Buntac CMy WMITM: 338 wiminiiiiT- —-"y ~f -rn Biniiiiii rntmmm i i f n nuiiiumi irn Hninm itiiiimii iiiuiiui hiliu SWITZERLAND CNnvton Co C K. lkn« UmMad JM Wind Pta Ltd JT Ohmwwt (■> «a
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      Page 23 Advertisements Column 2
      49 23 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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      Page 24 Advertisements Column 1
      2119 24 l BUSINESS Notices ro \I)\KRTISK CM. I. roil. -1K i: I 18 00- 7 4 1 18 8 3 jiICTMiV March sth, 1997, 9:OOam Equipment No Longer Required In The Continuing Operations Of CARNAUDMeIALBOX 1120 Woodlands Road SINGAPORE Highlights Include: Alfons Haar 200 Oia. EOE Shell Press Minster 3T 206
      2,119 words
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      Page 24 Advertisements Column 2
      29 24 For real- time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      29 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      335 25 Bridge News Reuter A US holiday curbed trading on, the freight market, although activity for Panamax tonnage seems to have reached a pause, brokers said. A classic quiet Monday when both the futures and the Baltic Freight Index seemed affected by the same disease lethargy, Clarkson Wolff said
      Bridge News; Reuter  -  335 words
    • Article
      MARITIME STOCKS
      306 25 SES '000 MM *h ¥el CWT Distribution L42 -0.02 240 Oman Hup 1.11 *0.05 1574 Cosco Investment 1.53 -0.02 48 FELS 6.10 -0.10 2300 FrtfqM Links 0.85 -0.025 45t CBHoMngs 1.03 -0.03 67 HaiSunHup 1.12 -0.01 797 Hitachi ZNW 0.87 -0.025 131 IMC HoWngs HK 5.60 Jaya HoWngs
      306 words
    • Article, Illustration
      Alpha leases box depot space at Marina Wharves
      418 25  -  Logistics group leases 55,000 sq m from PSA; plans a regional expansion drive By] Felix Chan [SINGAPORE] Local transport and logistics group Alpha Container Services is leasing 55,000 square metres of yard space at the Port of Singapore Authority's (PSA) Marina Wharves
      418 words
    • Article
      Lock icon Call for marine insurance cover to stay at US$20b
      189 25 Reuter [LONDON] Protection Indemnity (P&I) insurer The Standard Club said on Monday that insurance cover for marine liability claims should not be reduced from its current maximum of around US$2O billion (Ss2B billion). "The Club is in favour of maintaining the
      Reuter  -  189 words
    • Article
      5 P&I clubs to finance IMB
      103 25 [LONDON] Five major P&I clubs have stepped in to ensure that the Kuala Lumpurbased Regional Piracy Centre, run by the International Maritime Bureau (1MB) stays open. Each club has agreed to contribute US$lO,OOO (S$14,000) a year for the next three years. Other P&I clubs
      103 words
    • Article
      Lock icon Chinese firm gets US$31m deal to make cranes for use in US
      281 25 AFP (SHANGHAI) A Chinese crane manufacturer has signed a US$3l.6 million (5544.2 million) deal with a local shipping line to manufacture six cranes for use in the US, a newspaper reported yesterday. The US unit of China Ocean
      AFP  -  281 words
    • Article
      More bulker deaths, more doubts
      559 25  -  STRAIT TALK By! Seafarer A WEEK AGO Saturday the master of the Cypriot-flag bulker Leros Strength called the Norwegian Rescue Services to say the ship was taking water and was difficult to steer. He appeared calm. The call was not a mayday but it was
      559 words
    • Article
      S'pore joins Int'l Convention on Maritime Search and Rescue
      291 25 [SINGAPORE] Singapore joins the International Convention on Maritime Search and Rescue (SAR Convention) from today. The SAR convention was adopted in 1979 by the International Maritime Organisation (IMO). the shipping industry's watchdog body. It provides a code of conduct and operating
      291 words
    • Article
      Lock icon Straits separation scheme for IMO meet
      149 25 AFP [KUALA LUMPUR] Malaysia plans to table joint plans with Indonesia and Singapore to separate north-bound and south-bound ships in the busy Straits of Malacca. The separation scheme will be submitted to an International Maritime Organisation (IMO) meeting in London in July, said Malaysia's
      AFP  -  149 words
    • Article
      Lock icon China renews call on Taiwan to lift ban on direct links
      301 25 Curbs increase costs for Taiwanese businessmen: magazine Reuter [BEIJING] China on Monday renewed an overture to rival Taiwan and urged the island to lift a decades-old ban on direct shipping and air links, saying the curbs increased costs by
      Reuter  -  301 words
    • Article, Illustration
      Lock icon Small jets alter air travel
      1109 26  -  AMERICAN AIRLINES DISPUTE: MORE THAN MEETS THE EYE The commuter jets' speed makes them popular with travellers on regional routes, but they are seen by unionised pilots as a way for American Airlines to replace many of the larger jets, as well as their jobs
      NYT; FILE PHOTO  -  1,109 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      401 26 PAGE EuroHansa 6 AEL 13 Euroeast 12 ANL 3 Evergreen 6 Able 16 FL-Bright 9 Accord 8 famous 7 Appenship 4 Farwide 13 Astro 3 Foon< > Sun 8 Austral 9 fr< 4 M Avant 6 FrtUnks 13 B tang Mas 8 Frt
      401 words
    • Article
      SHIPPING GUIDE
      15020 34 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vnul Voyage Telephone ETA ETA Advertiser v»«* Voyage Telephone SIN Dest'n Nam Nam* Number Number SIN Dest'n Nam* Name Number Number A 2V02 12/03 MOL NEDLLOYD AMERICA 9077 45-*****84 A 21/02 12/03 OOCL NE0LL0Y0 AMERICA 5077 45-*****0 T IBin UU (IB II 21/02
      15,020 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        591 41 Vessel Voy Ho Berth Departure JtfTOAQ Nft Mas 01 J19 alongside 19 02/1500 Andl) Perdana 9615 J12 alongside 21.02/0800 Batam Indah H330 J02 alongside 18.02/2315 Beaver 2 4 J04 alongside 18.02/0400 Bt Atrial *****7 J01 alongside 19.02/0600 Bt Mek *****7 JOI alongside 18.02/0315 Bt Mut Baru 1FEB97 J01
        591 words
      • Article
        CONTAINER SCHEDULES
        1850 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclnq/Btlancc Rstls Ship Voy No Etb/Btr Period From U fnm Acx SMK 2620 20/0600 2* JgW 1 19/0700 WA159 19A400 4 19/UOO »/M5* 11/1700 ka VMM oris 2V0800 tt WJ500 N/1659 N/N00 24 14/1700 N/0659 19/0900 3 19/0700 N/H59 N/1400
        1,850 words
      • Article
        COCKETT BUNKER MARKET REPORT
        770 41 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on averagesized stem. Market movements are indi cated. The Cockett Bunker Price Index change and
        770 words
      • Article
        GLOBAL HOLIDAY
        213 41 Mar 3 Australia: Trades Labour Day. Mar 17 Australia Canberra Day. Mat 20 Japan: Vernal Equinox Day. Mar 27 Denmark: Maundy Thursday. Philippines: Maundy Thursday. Mar 28 Australia Good Friday. Canada Good Friday. Denmark: Good Friday. Hong Kong: Good Friday. Indonesia Good Friday. Netherlands: Good Friday. New Zealand:
        213 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        593 41 Carbon Feb 13 OensitY Water »esldne Ash Aluminium Sediment %M/H tmm KC/M'i IN M/M M/M "*<*»« ISO/Cimac Limits Spec 99! 1.0 15.0 0.10 00* 0.W Spec C3S 991 1.0 18.0 0.15 80* O.W Northern Europe 180 Ave 980.8 0.2 1IT 0.04 20 0.01 180 Mai 991.8
        593 words
    • AIR&LAND TRANSPORT NEWS
      • Article
        Lock icon Bombardier unveils new plane today
        302 42 Launch propels Canadian group to top of regional jet maker league AFP [MONTREAL] With the launch of a new regional transport plane today, the CRJ-X, Canadian group Bombardier will confirm its place among civil aircraft market leaders. The Canadair Regional Jet CRJ-X is a twin
        AFP  -  302 words
      • Article
        Lock icon Qantas to reduce Taiwan services
        156 42 Reuter [CANBERRA] Qantas Airways Ltd plans to cut back services from Australia to Taiwan, reducing both its flight frequency and the size of the aircraft used. "It's a matter of fine tuning the service to the market," a Qantas spokesman said. Qantas has flown five
        Reuter  -  156 words
      • Article
        Lock icon Ansett gets go-ahead for daily Osaka flights
        163 42 Reuter [MELBOURNE] Australia's fledgling international airline, Ansett, has won approval to run daily flights between Osaka in Japan and Australia from mid year. The Canberra-based International Air Services Commission confirmed yesterday it had allocated extra capacity to Ansett along the busy tourism corridor.
        Reuter  -  163 words
      • Article, Illustration
        Lock icon Bodies of 3 crash victims found
        62 42 [MANILA] A Philippine Coast Guard rescue team recoving three bodies of crash victims in the waters south of Manila on Monday. The private twin-engine plane owned by Air link International Aviation School with six passengers was on its way from Lubang Island to Manila
        AFP  -  62 words
      • Article
        Lock icon Change in Poland's car assembly rules will hit EU producers
        345 42 Like Daewoo, they assemble units in Poland to avoid high tariffs FT [WARSAWI The European Union's drive to force Poland to crack down on imports of car assembly units by Daewoo, the Korean industrial group, will also affect EU manufacturers
        FT  -  345 words
      • Article
        Lock icon VW and GM give cautious response to bribery charges
        376 42 Purchasing managers of both firms have demanded kickbacks from suppliers for contracts: report FT [NEW YORK] Volkswagen and General Motors, two of the world's biggest car companies, are treacling cautiously amidst allegations that members of their purchasing staff extorted bribes over
        FT  -  376 words
      • Article
        Lock icon Nissan cuts development time of new cars by 40%
        230 42 Reuter [TOKYO] Nissan Motor Co Ltd said yesterday it had introduced a faster system for producing new models that will cut vehicle development time by 40 per cent to just 19 months. Nissan said the move was expected to cut development
        Reuter  -  230 words
      • Article
        Lock icon Beijing to boost spending on railroads by 7%
        235 42 Reuter (BEIJING] China will increase investment in railroad development by 2.4 billion yuan (Ss4oB million) in 1997 to help exploit natural resources in remote regions and spur development in backward areas, the China Daily said yesterday. The Ministry of Railways will boost
        Reuter  -  235 words
      • Article
        Lock icon China airline getting its Boeing 777 next week
        144 42 AFP [HONGKONG] China's Southern Airlines is to take delivery of Boeing's widebodied 777-2008 aircraft next week, the banks arranging the loan for its purchase said yesterday. Southern Airlines, one of the three largest state-owned airlines, will take delivery of the plane with
        AFP  -  144 words
      • LOG Book
        • Article
          Lock icon New KL airport to be tested in Sep
          66 42 AFP [KUALA LUMPUR] Core facilities at Malaysia's second international airport in Sepang would be ready for testing in September, Transport Minister Ling Liong Sik said yesterday. Dr Ling said among the facilities set to be launched in January next year are the
          AFP  -  66 words
        • Article
          Lock icon Proton unit to export VW cars to M'sia
          67 42 AFP [MANILA] Volkswagen cars fully assembled in the Philippines will be exported to Malaysia under an agreement involving the European car maker and the local unit of Malaysia's Perusahaan Otomobil Nasional Berhad (Proton), the Filipino firm said yesterday. Proton Pilipinas Corp did
          AFP  -  67 words
        • Article
          Lock icon Lufthansa slashes fares in price war
          75 42 AFP [FRANKFURT] German national carrier Lufthansa announced yesterday an immediate reduction in fares on seven internal lines where it is in competition with British Airways. The reductions ranged from 14.6 per cent for "super economy" return tickets booked at least two weeks in advance
          AFP  -  75 words
        • Article
          Lock icon Fiji flight attendants win dispute
          60 42 AFP [SUVA] Industrial action by Air Pacific flight attendants which disrupted the Fijian national carrier's international services for four days ended yesterday with the flight attendants claiming victory. The Labour Ministry's dispute committee ruled in favour of the Fiji Aviation Workers Association. The union had
          AFP  -  60 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1772 42 CITY FUGHT ETA FUGHT ETD Fdnwfca S0989 1715 SQ990 0115 Abu Dhabi BY620 2050 H anyhow SQ809 2130 $0810 1020 Adelaide S0229 2220 Hanoi VN741 1310 S0176 1130 Amman RJ182 1450 RJ183 2210 S0175 1910 VH740 1410 Amsterdam S0327 0420 S0328 2320 Hat Yai MI893 1415
        1,772 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      18 25 Small jets alter air travel in US More than meets the eye in American Airlines dispute. Pag© 2
      18 words
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      Page 25 Advertisements Column 2
      206 25 VW, GM cautious on bribery charges Purchasing managers have demanded kickbacks from suppliers: report. BackPage Chevron CHEVRON CHARTERING REPRESENTATIVE CHEVRON SHIPPING COMPANY, a subsidiary of CHEVRON CORPORATION, is a US Multinational corporation engaged in petroleum and chemical business worldwide. We are a fully integrated company known in the tanker industry
      206 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1157 26 t NORTH AMERICA -1 I EXPORT 1 I OTHER DESTINATIONS DIRECT TO WEST COAST [WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) VESSa VOY InDSM I LA OAK VCR I SEA I DAL I HOU CHK NY |MEXKO<JTY WHO I VOT |sw IrTOKTiM Ikajutu HCAUW ouaAVBmMA SA■ iQtaaoTsMMACMI M Trrri "ZTiZi
      1,157 words
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      Page 26 Advertisements Column 2
      25 26 Airways WORLDWIDE AIR CHARTERING SERVICE WORLDWIDE AIR CARGO CONSOLIDATION IMPORT A EXPORT TEL: *****74 FAX: 543(1051 LENNON As Agents: QUESTOR CARGO EXPRESS PTE I II)
      25 words
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      Page 26 Advertisements Column 3
      7 26 Singapore Business Giving you the winning edge
      7 words
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      Page 26 Advertisements Column 4
      713 26 Lines services represented (fjESkvV by Members of the Registry of Accredited Shipping Agents. n^*tS pore National Shipping Assoc. Members ot the KUUE|3 Singapore Freight Forwarders Association. NEW IN SINGAPORE SMITHEUS (S) PTE LTD DUST FREE PREPARATION OF CONCRETE AND STEEL SURFACES FOR MORE INFORMATION CALL *****00 OR *****57 EXPORT 3
      713 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1102 27 TO EUROPE FROM EUROPE VESSCI VOY SIN RTM HAM UV SOU l£H IvtSSa VOY RTM NAM BRV SOU l» PUG UN MAAS 1077 21/02 09/03 11/03 14/03 15/03 UIOMI 2057 24/01 21/01 31/0101/02 11/02 OOCL FRANCE 3077 21/02 14/03 13/03 10/03 11/03 NEDUOYD NORMANDIE 4057 31/01 30/01 27/01 21/01 14/02
      1,102 words
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      Page 27 Advertisements Column 2
      2451 27 HANJIN SHIPPING USA CANADA* I UNI HAIA/VOY IAM SM SfA IroxlTTW |TOf|CMl|DTT|OtW|rHL[>Wl| mm DOS NYC ORF YVR YY7 YUL TYC TIG K.KOTTHDAMO37I 14/07 M/ 07 13/03 IS/83 14/03 14/03 16/03 10/03 15/03 U/03 ""il/03~ 10/03 11/03 "71/03 19/03 15/03 11/03 *11/03 11/03 ~i7/03~ H.KBUNGO6II 24/02 77/07 20/03 22/03 31/03 23/03
      2,451 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1661 28 <<r DSR-SEHATOR in Round the World Container Services TO UK/CONTINENT FROM UK/CONTINENT vtssa Ivov |w'l HTM mv hm fu *mt I lha I [vtsstL Ivor luw htm wiv~ hmi fu wit sm SHE MEN Sf NATOH WF7II 20 02 14 13 15 ID 1113 1713 1103 20 03 CHOYWIG VICTORY
      1,661 words
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      Page 28 Advertisements Column 2
      1255 28 I NORASIA I VESSEL VOY [SN PKL GOA LAS BCL VAL ALO ROT ANT FEL LHA I NOR KIEL 9717-3 2VU2 2MB 14,<13 16*13 IMB 23*3 24/03 ***** 21/03 21«3 22/03 NOR SHANGHAI 9708-3 OMB OMB 21 tB 23*3 22 03 30*3 31U3 2703 28*3 2MB 29*3 MSC ALEXA 9709-3
      1,255 words
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      Page 28 Advertisements Column 3
      308 28 Direct Container Service to Fangcheng Zhanjiang S'pore Fairecheng Zhanjiang UANBAO 08/03 13/03 15/03 tt~ /VOffTRANS CONVENTIONAL SERVICE TO THAILAND AND MALAYSIA BREAKBULK, RO/RO AND HEAVYUFT ANY WEIGHT THAI FLAG STATUS PRIORITY BERTHS Eipr V.42A SAIUD 27-28/02 20-21/02 21 24/0? Adifayw V.43A 27-01/03 04-«S/03 OS4B/03 Am ixprtts V.44A 11-13/03 14-14/03 IMS/03
      308 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1338 29 K STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singoporo *****5 Tol: *****88 Fox: *****17 SAIAH I HUMI CONViNTIONAt SIRViCE HO CHi IIMH FULL CONTAtHK SIKVICI Ivcsa I vot i« *1 wit I Ivissa vot I ff*«ns*n I nAHcwguK) W7OSI 27/02 03/03 04/03 OMBtTIUUmOV v nut n
      1,338 words
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      Page 29 Advertisements Column 2
      2412 29 ro MANZANIUO AND Ml INUND POINTS ¥IA k NONMONf i-igfer 1 SINGAPORE'S GINERAL AGENTS: 6 SHENTON WAY TIL 276 1900 FAX: ***** M OUTWARD (l/l) *****02 JOHOtE OffKE COSTAR SHIPPING PTE LTD #17-04 dosildg SALES/MGS 4205*41/43 INWARD DEFT (D/OJ *****15 COSTAR AGENCIES (M) SDN DND CR NO: **********0 M TOWER
      2,412 words
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      Page 30 Advertisements Column 1
      1338 30 EUROKAM/SCANDMAVt^njLMDAUSSIA rsG?n RDM ANW HBG THP ZEE LHV LHV THP ROM ANW HBG PW- *«P I RIGHT RW-027 27/B2 14/03 2W 20/03 22/B3 23/13 24/03 E. GIVEN RE-067 27*1 2VOI 20/01 3MI 01M2 2SM2 2M2 E GENERAL RW-H4 09*3 31*3 01/04 03AM I. GIFTED RE-607 02*2 OMI2 #4*2 N/02 07*2
      1,338 words
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      Page 30 Advertisements Column 2
      1150 30 A HH IXPQTT |W» J2ISS. 2K» SI J5fL JfJL m WSSfI VOYAW DM JM till DM HII W I *****2 (M/ 03 <mb omh «/w uwoun W4O-034E w/02 w/02 io/w 11/02 12/w 24/07 UMCOHCOCD 0444W5W 77/07 W/W W/W 10/03 11/03 12/03 15/03 IS/03 UN ((OWN 0441 03S( 14/07 14/07 17/07
      1,150 words
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      Page 30 Advertisements Column 3
      407 30 NANTAI LINE FUUY CONTAINERISED SERYKE TO MAURITIUS SOUTH AfRKA vessel I VOT lan m pm ai umma pus m 05/03 m \umim oiis 04/ m m 14/ c nrn 011S 14/03 >4/03 29/83 02/04 mroiWIKBS OI3S ?S/P3 Q7/M m mmiouta om m m m m mm mug ous m m
      407 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      700 31 M MYANMA wBHk FIVE STAR UNE (Myaaaar Natioaal L)m) W loodla, far Yaagoa (Rorjoor) VKSfI VOT SIN KG KM P6U MP*-All 231W SU> CIW SHW HAW JW 15/7 MAUTSIA AGCNTS: MUSIUD StRPPING AGOKXS lIL m 07-03-2417)00 MIL TU 01-03-17*4101 Kit TH 07-04-*****07 Kfc IB 02-07-2517J71/4 BANK LINE (A tMvk* tf
      700 words
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      Page 31 Advertisements Column 2
      942 31 A HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKCte *****32 pna no pcc rasa w I I I otm T ant nan ii ia 20/02 20/02 22/02 NT AMNBAI 305W 23/02 17/03 13/03 15/ M 15/03 IS/03 11/03 27/02 27/02 01/03 HT. HKNNBS 303W 02/03 19/03 20/03 22/03 22/03
      942 words
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      Page 31 Advertisements Column 3
      496 31 /j& FAMOUS CONTAINER UNES JIC2 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 UNES) KAOHSIUNdk I FOR ENQUERIES BOOKING /jg CALL OUR HOTLINE AT Jjp 224 1833 SUZANNAH ALVIN P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 CWT GLOBEUNK PTE LTD
      496 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1612 32 **>*- international LINE b^——— PUL INTERNATIONAL ■AMQWPH I >T Mum VESSEL VOY SIN BKK VESSEL VOY SIN PKL g <— T* 1 a w, ,> MATHU BHUM" 318N W*d In Pt St 22/02 QURU BHUM 7723 w Frt 21/02 JAMWA (tfTC 1) 4 SI6S/WK XETHA BHUM 18QN Thu 20/02 Sun
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      Page 32 Advertisements Column 2
      873 32 CHfTOGONO MEVICI MNOAPOM/CAiamA inVKi vts ml vot im cr» vuhi vot mm PAD MA 533 FRI 131/02 THU 37/01 TKMR SWUNG 275CNR OOQWI 14/03 gg [02/03 PAfU 010 TUE 35/03 SUN 03/03 XOOR MNOAPOM 335 SUN 03/03 IW 01/ M VANESSA 113 |fRI 13»/03 |lUi 04/03 TIGER RIVER 374CN> TVH
      873 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      489 33 S Weekly LCL FCL If rOllll-Hl Services to Caribbean Is hipping A Central Amenta MAKGKTK MABBK StAVKOK 9703 006E Poft Country 18/02 23/02 Bal.ze City B«lize 24/02 29/03 Bridgetown Barbados 27/02 01/04 Cortagena Coiomb.a 26/02 31/03 Cailri«s Si lucta 26/02 31/03 Fort de France Martinique 27/02 01/04 Freeport Bahamas 22/02
      489 words
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      Page 33 Advertisements Column 2
      721 33 S333S?PACIFIC INTERNATIONAL LINES (PTE) LTD SS&SSSSS 81 40 Cec'l Street, #03-00 PIL Building, Singapore *****0. SSS9V CR NO: **********06 BIEP BE "il IHi I lii! 1L ili' ii? pm.* m m m ft w* |P* W' TO, ifc| ME ii 5 111B' w irc E iii; A I ail BMBK.
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      Page 33 Advertisements Column 3
      969 33 CR WO: **********0Z VESSELS ~VOY JED PSO LEH HAM RTM THP ANR VILLE DC CAPQJLA TI9W 23/02 06/03 07/03 10/03 17/03 18/03 20/03 21/03 yjjjjpEl «RA LI9W (XVO3 12/03 14/03 23/03 24/03 26/03 27/03 26/03 VILLE D* AQUARIUS ~UI9W 1003 IftQ3 21/03 30*03 31/03 02/04 03/04 04/04 VILLE O'AQUH-A AI9W
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      56 36 TOKYO SNINEI KAIUN CO PTE LTD ||Wni 10 ANSON ROAD §30-06 llM»i INTERNATIONAL PLAZA S'PORE 0207 TEL: *****25 (6 LINES) FAX: *****06 A *****10 C/R: **********06 SERVICE TO; FAR EAST/U.S.A/EUROPE 23/02/97 JAPAN, HONG KONG 23/02/97 USA 23/02/97 INDIA, SURABAYA, JAKARTA 23/02/97 HAMBURG, ROTTERDAM, FELIXSTOWE ALL BOOKINGS AND ENQUIRIES, PLEASE CONTACT:
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      Page 36 Advertisements Column 2
      106 36 P.I PERUSAHAAN PBAYARAN W KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/PALEMBANG y MM Vty ITA/ETD DESTINATION RACHMANUEI II 3/07 20/11 Ftfc Jokorta/PaUmbong RACHMANUEI I 3/07 24/25 M Jokarta/PoWmbanfl RACHMANUd 111 3/17 27/21 F*k Jolcorla/PoUmbonQ RACHMANUEI II 4/f7 03/04 M« Jokorta/PoWmbonfl SURABAYA/PANJANG CARAKA JAYA NIA6A 21/22 F«fc P«n|ing/S«ribiyi NIAGA 10/20 SMrib«»l/Pin|ing PERAWAH/DUMAI/JAMBI/P'BARU
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      Page 36 Advertisements Column 3
      93 36 7— ————I FULL CONTAINER SERVICE ■■I POLISH DEPARTING EVERY SATURDAY MfJ TO: POLAND (GDYNIA) SB OCEAN RUSSIA (MOSCOW) I K| CIS PO«TS met- ESTONIA LINES LATVIA. LITHUANIA RELARUS, I UKRAINE MONTHLY IRIAXBUU SOVKI FROM SPORE, M'SIA, INDONESIA VIETNAM EUROEAST LINES S.A. I** <* HoavyWtj apt* 60MT ovoSoUo) II WU COHHUNBM
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      Page 36 Advertisements Column 4
      125 36 X^cassmm KAWASAKI KENKAI KISEN KAISHA. LTD. JAPAN/ HONG KONG STRAITS S'pora P.Oudang P.Kalang Panang TWINKLE ACE V 95 IMB 2M2 LION HEART VlO 24*7 2M2 NEVER ON SUNDAY VO2 tl«3 OfIIENT KING VII KM ***** king ace m nm 11/u MOTHER NOTE VM #MU 11/U SINGAPORE TOMAKOMAI. HOKKAIDO Regular fully
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      Page 36 Advertisements Column 5
      105 36 FCL/LCL CONSOLIDATION SERVICE TO ASIA/F.E., EUROPE, USA, AUST, NZ, INDIA, S. AFRICA, MED., ETC. PLEASE CALL *****00 (16 LINES) VIETNAM CONVENTIONAL SERVICE "DOOR TO DOOR" SERVICE YESSa ETA SIN LOADING H)t SATO 01/03 HAIPHONG NHAKONGO9 06/03 HO CHI MINH Also Accepting Cargo For All Other Vietnamese Ports PLEASE CALL 223
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      Page 37 Advertisements Column 1
      532 37 I VESSEL VOY SIN MAA SIN I TIGER BAY 51 IN 21 22/02 26-02/03 07-08/03 I TIGER WAVE 512N 24 25/02 02 05*03 10-11/03 I TIGER ISLAND 513N 28-01/03 05-09/03 14-15/03 I TIGER BRIDGE 514N 03 04/03 09-12/03 17 18/03 I TIGER BAY 515N 07-08/03 12-16/03 21 22AJ3 I TIGER
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      Page 37 Advertisements Column 2
      726 37 FREIGHT LINKS EXPRESS 62 Toh Guan Road Singapore *****1 sfoj Tel: *****66 (60 Lines) Fax: *****33 ||!V9l| V E-MAlL:flesin@singnet.com.sg fctliJl «S. ISOWM I CONSOLIDATION SERVICE CANADA ETD SIN SOUTH AFRICA ETD SIN MONTREAL 26/02 CAPETOWN 25/02 TORONTO 26/02 DURBAN 25/02 VAN COUVER 26/02 jOHANNESBURC 25/02 GREECE ETD SIN SPAIN ETD
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      Page 37 Advertisements Column 3
      925 37 OOCL (Singapore) Pte Lid CFS Keppel Distrpk gb, 79 Anso«i Rood #21-04 (S) *****6 Ilk Sl3 *01-121 t enquiry '/^YiVI CR NO 1187S7SOOOOH M: 272 7527 t* 3269 180 I fal: *****13 F«» 221 3942 F«: 272 7S2S NORTH AMERICA USA/ CANADA ™UJT*ALHI~ TO USA |sGf STO OAK |~oii [mem
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      Page 37 Advertisements Column 4
      231 37 FOUR TUOtS/ Win SAILINGS: f. GUDAWC/SmGAKXE SOUTH BOUND KBSa Mr P6UOAN6 SI kuausmi Wm iWwoi HAIJ WOI BMUflal —WBT- a/Wdmi" n/ficHn Bwuawt t7Ms n/wiwi h/miun nuuswi tms agflß 73/02 (sum wnuawn «ms ivrnmow) ?s/wn«) KUMA SMKI 1777S SwSffl) */B?(WED) NORTH lOUND I VGSa VOT SIN SUOAW6 PMtASuii irm imhiwhd ~Mflanwi)
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      661 38 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S PORE *****5 ■Ah TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKIIIM CAIL DIBECT JESSICA/CELIA/MEICIWI jJJ233EBEBHE3I 7 SLGS/)NEEK 3 SLGS/WEEK |VESSFI |VOY [SM Tjak [VESSEL [VOY SI ISUW SINAR NUSA 938 WPT 22/02 (SAT)
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      Page 38 Advertisements Column 2
      1309 38 rn YANGMMGUNE TWICE WEEKLY EVERY THURSDAY/SUNDAY ■I.'IJ.UJ ARRIVAL FIXED DAY-MONDAY VtSML WW I *■> I OTM MM FXT L£M MM MM *s*l m 10 FKT HAM MM NM W GIBfIAITAR BRIOGt A7O7W l?OC2 I IVO3 11C3 12f13 IMB 2MB MING GLORY «52f SU) SID SIO SLD SID IMB RHtINBHIOGE JD?W
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      Page 38 Advertisements Column 3
      102 38 NEWARK SHIPPING AGENCIES PTE LTD 48-A Campbell Lane. Singapore *****1 SINGAPORE T CHITTAGONG BOMBAY CALCUTTA COLOMBO MADRAS KARACHI TUTICORIN COCHIN DUBAI ALSO ACCEPTING ICD DELHI, ICD DHAKA CALL: (65) 294 0949 FAX (65) 294 9395 Agents for CONTINENTAL UNES INT'L CONFER (S.E.A.) SHIPPING PTE LTD TEL: *****68 FAX: *****45 DIRECT
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      Page 38 Advertisements Column 4
      419 38 9. Singapore Soviet Shipping SM Co. Pte. Ltd. CR NO: **********0N BOMBAY/COCHIN VESSEL VOY I SIN BOM SEA SUCCESS I 01N 23/02 03/03 MEKHANIK KURAKO MK29N 04/03 13/03 KOTACAHAYA CAMI77 07/03 16/03 SEA SUCCESS I 02N 20/03 29/03 ANNOUNCING REGULAR MONTHLY RO-RO BREAKBULK SERVICE SIN/BOM/N.SHEVA I VESSEL VOY S4N BOM/N.SHEVA
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      1038 39 1 1 ASIA MEDITERRANEAN EXPRESS (AMI) WESTBOUND SEBVICi 1 VESSEL VQY SIN PKG CMB MLA GEN BCN RTM FEL LEH MSC JASMINE 9706-3 19 FEB 21 FEB 25 FEB 06 MAR 08 MAR 09 MAR 14 MAR 15 MAR 16 MAR I N KIEL 9707 3 26 FEB 27 FEB
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      Page 39 Advertisements Column 2
      1942 39 vtssa swit mm Bur g) ham squ uh mm rtm omt vcsa \m iwa m rjsan km kt iot mo wot rml 18. MAS 1077 21.01 ***** 07 11X3 1103 1103 04X3 UlOMf 2057 14.92* 1102 24X2 25X2 24X2 27X2 OCL FRANCE *77 2102 21.02* 20.02 10.03 11.03 1103 14.03
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      361 40 SINO EXPRESS SHIPPING J^\ jy] 11 COLLYER QUAY #06-01 THE ARCADE fSINOTRANSI S—* J S (*****7). TEL: *****90 FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SIN ETAHKG ETA SHA G. LUCK 9704 21/02 I 26/02 02/03 0. GLORY 9706 CANCELLED G. WELL 9706 07/03 12/03
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      Page 40 Advertisements Column 2
      330 40 WLAM MAC-NELS S PORE M'SIA Carrier MN COHTR LINES, INC l-IWV- J W»»HOOI7IOMO« SIBU: (064) *****9 MANILA: (632) *****61 1 w PENANG: (04) *****6 BANGKOK: (662) *****67 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 HONG KONG MV "SEA RANGER" VNO64 ETA SIN 23-2-97 MV
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      Page 40 Advertisements Column 3
      139 40 WEEKLY GROUPAGE AUST, NZ, THAILAND, HKG, CHINA, KOREA, TAIWAN, PHIUPPINES, INDIA, SRI LANKA. PAKISTAN, BANGLADESH, FUI. MAURITIUS, NEW CALEDONIA. S. AFRICA, EUROPE, UK. USA S. AMERICA. AftSEA TRANSMPMBfTSmiECT CARGO QUOTES BL INSURED FOR US$5OO,OOO PER CLAM/RNC BONDED RATA t Sff A MEMBER FOR ENQUIRIES PLEASE CONTACT *14-01 EURO-ASIA CENTRE 15HOE
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      Page 40 Advertisements Column 4
      317 40 W S pore P Keiang LoadngForl I SEA GRACE 20/02 RdnVAtw/UK/Nan I OCEAN ISLAND 28/02 10/03 RdrrVAtw/UK I Indonesia J W Loading for H IC. GLORY Dubai/Damman/Kuwait I HAPPY DAY Dubat/ADhabt/Bahrain/Damman/Kuwait I lADAMASTOSI ADAMASTOS Aden/Hode«dah/Jeddah/Pt. Sad I CARAVOS EXPLORERS Dubai/A. DhaDi/Bahrain/Darnman/Kuwait I B 'Loads Singapore, EVW. Malaysia, Indonesia I I
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      140 41 1 y' [Regional Weqther] 1 y .100E noE i»r LEGENO R Thunderstorm Temperature «> c X\ Shower Weother —V Wind direction with speed in knots Rom Cloudy Sky W V h<,9M Surface winds are mdicoted by arrows which fly with the wind One full circle represents calm or light and
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