The Business Times, 31 January 1995

Total Pages: 34
1 34 The Business Times
  • 13 1 Business Times MITA(P) 194/12/94 Tuesday January 31 1995 WE MOW ASIA 75 c
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  • LATEST
    • 54 1 Reuter TOKYO A Japanese nuclear reactor was closed down yesterday, a power company said. There were no leaks of radioactivity. The 820,000kilowatt Number Two reactor at Shimane nuclear power plant in Shimane Prefecture automatically stopped when the water level rose in a reserve tank in a system
      Reuter  -  54 words
    • 45 1 AFP HANOVER, Germany Several thousand metal workers in Lower Saxony, north-west Germany, went on strike yesterday in support of their pay claims. Union officials said about 4,000 workers in 12 firms were to down tools for part or all of the day. AFP
      AFP  -  45 words
  • 160 1 Stock market indices Monday Change STII 2,083.36 +48.36 KLSE Comp closed Nikkei 18,752.88 +648.53 Hang Seng 7,342.65 +45.53 SET Index unav Jakarta Comp unav CLSA China B closed Aust All Ord 1,856.7 -5.9 FTSE 100 unav Monday Previous lpm EST close Dow Jones unav 3,857.99 Average el prime
    160 words
  • 679 1  -  By R Sivanithy SINGAPORE Investors here brushed aside US interest rate concerns yesterday, responding instead to news of robust growth in foreign investment and a massive rebound in Japan to send the Straits Times Industrials Index soaring 48.36 points, or
    679 words
  • 358 1 Knight-Riddcr BEIJING Chinese President Jiang Zemin yesterday called for the peaceful reunification of China and Taiwan, ruling out the use of military force, the official Central People's Broadcasting Station reported. Mr Jiang said China would work hard for
    Knight-Riddcr  -  358 words
  • 227 1 SINGAPORE Prices of Chinese mandarin oranges are down as much as 30 per cent from last year, with a box of 56 going for as low as $9.50 at Sogo Food Hall yesterday. But despite the price drop, sales are down at least on
    Photo by Chris Loh  -  227 words
  • 450 1  -  By Lee Han Shih SINGAPORE Corporate player Oei Hong Leong is reportedly making a second attempt to list his China brewing interest in the United States, at a time when sentiment on China plays is turning sour. Last December Mr Oei
    450 words
  • 392 1  -  By Corinne Kerk SINGAPORE Takashimaya Singapore, which yesterday announced a store turnover of S2BO million in its new financial year ending Dec 31, said it expects to get into the black "within 10 years". Director and general manager Hitoshi Hanehira also
    392 words
  • Page 1 Advertisements
    • 242 1 NEW YEAR |P|L BEST BUY KJ$399 Nikon ZOOM 300QD 35-70 mm Zoom Autofocus Compact Nikon Camera Centra Super Photo #03-26 Orchard Point Te1:737 4481/734 3816 CONTENTS N«ws Companies Regional News 2 S'pore-Wsa 8.10 World News 3 Financial 11.12 Features MarH®ts Analysis 25 CW>/KLS£. S£S 15.16 Editorial .1 24 Regional 13
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    • 26 1 Regrirb^r BOJ pacifies money markets HK$ link to US$ will not collapse, speculators told: Pg2 There will be no BT tomorrow. Publication will resume on Thursday.
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    • 9 1 Market Watch: s An elemental look at 0K market
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    • 26 1 X/g Companies: Pg s j ywok Group offloads 6 hotels May this Lunar New Year usher in all the success, prosperity and happiness for you. BALLY
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    • 33 1 NEW YEAR BEST BUY MMjk $399 Jri 35-70mmZoom t AutofocusCompact T Camera Nikon Camera Centre Max Photo #03-10 Centrepoint Tel: 733 3848/733 3868 Oei Hong l>eong on cover of Institutional Investor. Pg 8
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  • THE REGION
    • NOTE BOOK
      • 143 2 Bloomberg Business News JAKARTA Indonesian inflation will probably exceed 10 per cent this year. The Jakarta Post reported yesterday. Prominent economist Anwar Nasution was quoted by the paper as saying that increases in private and public sector wages will contribute to higher prices and pressure
        Bloomberg Business News  -  143 words
      • 108 2 Bloomberg Business News TOKYO Japan exported 362,220 passenger cars, buses and trucks in December, a rise of 9.2 per cent from December 1993, the Japan Automobile Manufacturers Association said yesterday. For all of 1994, vehicle exports fell 11.1 per cent to 4,460,292 units. In December, exports
        Bloomberg Business News  -  108 words
      • 123 2 Reuter LONDON The market for pharmaceuticals in China grew by 30 per cent in 1993-94 and is now worth US$lO billion (5514.5 billion) a year, according to a report by market research firm CB Marketing and Investment released yesterday. The study, conducted in collaboration with
        Reuter  -  123 words
      • 97 2 AFP TOKYO About 20 countries have protested over Japan's planned shipments of highly radioactive nuclear waste from France by sea next month, the Asahi Shimbun reported yesterday. The Japanese daily said countries in the Pacific, including the Philippines, have told the Japanese government they
        AFP  -  97 words
      • 100 2 OANA-TNA BANGKOK Thailand's textile industry is likely to grow 7.6 per cent this year with its export value expected to reach 148.33 billion baht (558.624 billion), a senior official of a commercial bank said here yesterday. The managing director of Thai Farmers Bank's Research Centre,
        OANA-TNA  -  100 words
    • 374 2 AFP BEIJING China pledged yesterday that the failure of last week's rocket launch would not affect future plans, saying it would still put five satellites, including an Ap-star-2, into orbit this year. A spokesman for the country's launcher, the China Great
      AFP  -  374 words
    • 323 2 Reuter CANBERRA Australian Prime Minister Paul Keating, under fire from both environmentalists and loggers for a new policy on woodchip exports, yesterday evaded a blockade of 250 giant logging trucks ringing Parliament House. The trucks and their trailers blocked the roads leading to parliament,
      Reuter  -  323 words
    • 554 2 Bloomberg Business News, AP TOKYO The Bank of Japan will continue to add extra funds to the money market in response to the Kobe earthquake, but its purpose has shifted to calming financial markets from giving disaster victims ready access to
      Bloomberg Business News,; AP; Reuter  -  554 words
    • 362 2 Reuter HONGKONG A US Defence Department study has warned that China "is up for grabs" after the death of its 90-year-old paramount leader Deng Xiaoping, Hongkong's South China Morning Post reported from Washington yesterday. The study, "China in
      Reuter  -  362 words
    • 391 2 AFP SYDNEY The Australian government is bracing itself for what economists say is likely to be a record December current account deficit because of reduced exports and a sharp rise in imports, including a giant natural gas ship. Analysts yesterday said the drought which
      AFP  -  391 words
    • 412 2  -  From Catherine Ong in DAVOS SPECULATORS against the Hongkong dollar are on a "wild goose chase" as the currency's fixed-rate link to the US dollar will not collapse, says a monetary reform expert who predicted the Mexican peso's devaluation five months
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    • 504 2 Reuter WELLINGTON New Zealand Prime Minister Jim Bolger said yesterday that Maoris would be "going backwards" if they marched on parliament in rejection of government plans to address their grievances. A national "hui", or gathering. of more than 1,000 Maori representatives agreed
      Reuter  -  504 words
    • 413 2 Reuter HONGKONG Hongkong likes to celebrate the Lunar New Year with a bang, staging an elaborate pyrotechnic show over the harbour. In recent years the shooting sparkles have symbolised another kind of boom: the growing influence of Chinese companies in the British
      Reuter  -  413 words

  • REGION /WORLD
    • 455 3 AFP, NYT WASHINGTON Top senators from both parties yesterday said that President Bill Clinton lacked crucial support in Congress for his plan to rescue Mexico from its financial crisis. "Where the president has utterly failed is convincing anybody that we have a
      AFP,; NYT  -  455 words
    • 367 3 Reuter LONDON Prime Minister John Major is being held hosi tage by members of his Con- servative Party who are resisting closer integration with Europe. Former foreign secretary Geoffrey Howe said in an FT interview published yesterday that Mr Major was blinded by
      Reuter  -  367 words
    • 411 3 AP ;BRUSSELS A new campaign has begun in the longrunning war waged by some European nations to curtail the import of American films and television productions. This time the battlefield is the redrafting of a five year-old European Union regulation calling
      AP  -  411 words
    • 427 3 AP NEW YORK Orders for US-built machine tools surged in December to the highest monthly level in 15 years, giving the industry its second-best year on record. Last month's orders totalled U*****.3 million (SS7B9 million), up 26.5 per cent from November
      AP  -  427 words
    • 412 3 AP PARIS Record-breaking flooding in parts of Europe kept thousands of people homeless and jobless on Sunday, and another storm loomed as authorities struggled to restore basic services. At least six people were reported missing and two were dead in a third consecutive winter of
      AP; Reuter  -  412 words
    • 447 3 NYT MOSCOW A senior Russian minister has said the government was considering a fixed exchange rate to prop up the faltering Russian currency. Anatoli Chubais, deputy prime minister and the senior economic reformer in the cabinet, said last week that a
      NYT  -  447 words
    • WORLD WATCH
      • 86 3 AFP MOSCOW Boris Yeltsin's popularity rating dipped sharply in January, with 72 per eent of Russians saying they had no confidence in their president. Russian television reported here on Sunday. It said the poll, taken on Jan 20, showed that Mr Yeltsin's disapproval rating had
        AFP  -  86 words
      • 132 3 Reuter LONDON Smaller British firms are increasing employment, while larger ones are cutting jobs, and their investment plans are holding up better than those by larger firms, a survey of firms employing fewer than 200 people revealed on Sunday. The quarterly survey by accountants Pannell
        Reuter  -  132 words
      • 157 3 Knight-Ridder VANCOUVER Canada is likely to be hit with a major debt crisis between now and the end of 1996. But once it's over, the Canadian dollar will recover to become one of the strongest currencies in the world, a US economist predicted last Saturday.
        Knight-Ridder  -  157 words
      • 106 3 Reuter NEW YORK The number of young children living in poverty in the United States went up 20 per cent in five years, from five million in 1987 to six million in 1992, according to a new report drawn from the latest census data. The
        Reuter  -  106 words
    • 407 3 Reuter COPENHAGEN The Nordic countries, three of them members of the European Union and two still on the outside, pledged on Sunday to strengthen their cooperation but a Swedish plan for deep budget cuts created tension. The one-day meeting of prime ministers took stock
      Reuter  -  407 words
    • 337 3 NYT ,LIMA, Peru With troops, tanks and fighter jets massed on both sides of the border with Peru, Ecuador's military charged on Sunday that Peru had "launched a massive offensive, using mortar fire and supported by helicopters." Peruvian officials did not confirm that
      NYT  -  337 words

  • SPORTS
    • SIDE LINES
      • 113 4 AFP BANGKOK Thai Farmers became the first team to retain the Asian Club Championship when they beat A 1 Arabi of Qatar 1-0 in the final at the National Stadium here on Sunday. Thai Farmers, an amateur squad belonging to the bank's sports club,
        AFP  -  113 words
      • 97 4 AFP MANCHESTER, England Alex Ferguson has signalled his determination to rescue the Manchester United career ot disgraced Frenchman Eric Cantona. "I intend to keep working on him and with him... I still believe he could have an important role at Manchester United," Ferguson said on Sunday
        AFP  -  97 words
      • 144 4 AP SAN DIEGO The all-women's team America 3 held off a late comeback by race favourite Young America and emerged from a thick sea fog to win its second America's Cup race. America 3, with Leslie Egnot at the helm, took advantage of poor sail
        AP  -  144 words
      • 143 4 AP DELRAY BEACH, Florida Cy Young is a name more connected with American baseball than golf. But 70-year-old Cy Young from Delray Beach had his moment in the sun and on the links with two holes-in-one in a day. And he did it with only
        AP  -  143 words
      • 174 4 AFP WELLINGTON New Zealand favours scrapping rugby's amateurism regulations but does not want full professionalism, New Zealand Rugby Football Union (NZRFU) chairman Eddie Tonks says. Tonks, quoted yesterday in the daily Dominion, described a Sunday Star-Times report saying the union had voted to go professional
        AFP  -  174 words
    • SCORE CARD
      • Article, Illustration
        18 4 AP NEW YORK NBA on Sunday: New York 107, Phoenix 88; Chicago 116, Golden State 94. AP
        AP  -  18 words
      • Article, Illustration
        175 4 AFP SCOTTSDALE, Arizona Final scores in the US$l.3 million (Ssl.9 million) Phoenix Open on Sunday. (US unless stated): 269 Vijay Singh (Fiji) 70 67 66 66 (won at first play-off hole), Billy Mayfair 69 67 67 66 271 Ben Crenshaw 68 64 70 69 272 Payne Stewart 71 68
        AFP  -  175 words
      • Article, Illustration
        17 4 AP NEW YORK NHL Sunday's games: Pittsburgh 4, Washington 1; Philadelphia 2, Montreal 2. AP
        AP  -  17 words
    • 907 4 Super Bowl XXIX AP MIAMI Relentless. Overpowering. And, most of all, quick. That's the San Francisco offence. The Super Bowl was just 1 minute 25 seconds old on Sunday when it started clicking and it never really stopped. Led by Steve Young, the offence
      AP; Reuter  -  907 words
    • 716 4 Australian Open review AP MELBOURNE Andre Agassi won the Australian Open singles title on Sunday in a tournament that was also a victory for tennis. Agassi came into Melbourne three weeks ago itchy for his second consecutive Grand Slam after winning last year's US
      AP; Reuter  -  716 words
    • 230 4 AFP PARIS The death of a fan, rioting and police intervention in armoured vehicles in Italy overshadowed the weekend's European football scene already reeling from the midweek behaviour of French international Eric Cantona who attacked a fan after being sent
      AFP  -  230 words
    • 379 4 Golf Reuter SCOTTSDALE, Arizona Vijay Singh of Fiji kept up his playoff magic by sinking a twofoot par putt on the first hole of a sudden death playoff on Sunday to beat Billy Mayfair and win the Phoenix Open. Both Singh and Mayfair
      Reuter  -  379 words
  • Page 4 Advertisements
    • 65 4 Financial [SSR News IVJgul A Quick Look At The I I Markets I Call 24 hours a day for I SES KLSE midday I reports, closing I I market reports and Cost: 30 cents a minute rgan,sedb,: INRllline An SPH AudioTex Service GIVING I YOU WINNING >0 MPT NMnv Intonat
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  • Page 5 Advertisements
    • 546 5 Astronomical cost has kept the future of personal communications up in the air. A TA *I*l -J Today's market is clamoring for VV i, yL r lllyj I truly portable, global personal comJ munications. But the costs of such a 1 system costs that will ultimately -fl 4- come out
      546 words

  • Page 6 Advertisements
    • 1022 6 Nothing Beats A Bud* Bicjyfl where t w,ne d>ne m entertain JWunc; OF 111 i. 1 To our valued customers p villi 4 I F v A 11 \x£rK sBMdSIIUBUiH^H Join us, at PASTA FRESCA to usher in a p )m New Year of Happiness and Prosperity pgr** Bukit Timah
      1,022 words
    • 494 6 rajj"= =^51 fancy "Beijing? Then. we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian j;in 'Beijing dumplings, a selection f|Q of set menus, and Beijing specialities fl||iA such as "Beijing ©i<c£, Bailed Tench and HjS? 4 Marinated Lamb, fancy
      494 words

  • LIFESTYLE
    • 785 7 Ex-bond dealer Michael Ridpath is on his way to making more money from the market with his first novel Reuter ONE PERSON guaranteed to make money out of the Eurobond market this year, regardless of how it performs, is British novelist Michael Ridpath. Few
      Reuter  -  785 words
    • 318 7 CHATTERBOX AP AP AP IN THE Name of the Tather was named the year's best film and Four H eddings and a Funeral won a further top three awards in the annual Evening Standard Film Awards on Sunday. Four Weddings star
      AP  -  318 words
  • Page 7 Advertisements
    • 350 7 WHERE TO WINE, DINE AND ENTERTAIN I Qlde English Eating House 277 Orchard Rd #02-38 Specialists' Centre S (0923) 1 */*OH /inn pi CQf i; 4>Zr= Ldl; I jM When you spend $25/- or more at Fosters for lunch m or afternoon tea from Mon-Sat, show us your valid daily
      350 words
  • Page 7 Miscellaneous
    • 524 7 I WEATHER Singapore: Windy, with passing showers over a few areas in the late afternoon. Temperature (26-32*). Asla-PacMc W/U* C««d. Europe Hi/la* Cm*. Buenos 28,16 AucklOTd 22/14 Surry Amsterdam 06 02 CkXKjy Chicago 02 -6 Ooudu Bangkok 34/22 Cloudy Athens 13 0? Showers Honolulu 27 18 Cloudy Bewrg 01/-11 Cloudy
      524 words
    • 719 7 Paradise Alley, 4pm, Ch 5 1 J^i Sylvester Stallone's 197S I 1 I directing debut (he writes, stars I f and sings) is set in 1946. Three OjfzM brothers \sant out Hell's >'# I Kitchen. Armand Assante a H9R|^ r crippled war vet. Lee Canalito 1 is the dumb iceman,
      719 words

  • COMPANIES & MARKETS
    • 426 8  -  By A J Leow SINGAPORE Hongkonglisted luxury hotel group Shangri-La Asia said yesterday it was acquiring six hotels from its controlling shareholder. the Kuok group, for HKS4.I6 billion (SS7B4 million). The purchase from the parent company and its associates
      426 words
    • 550 8  -  By Amy Balan SINGAPORE Former United Industrial Corporation president Oei Hong Leong, now synonymous with deal-making in China, has made it to the covers of Institutional Investor. In its January international edition. Institutional Investor. which is compulsory reading for many international
      550 words
    • 297 8 KnightRidder BANGKOK The Stock Exchange of Thailand will introduce ethical conduct rules for Thai brokerages effective tomorrow, local papers said yesterday. Penalties for ethical breaches will range from warnings through trading suspensions to dismissals, the Bangkok Post said. Rules will prohibit brokers from
      Knight- Ridder  -  297 words
    • 675 8 MARKET WATCH Reuter HONGKONG At around this time of the year, analysts at Credit Lyonnais Securities Asia (CLSA) turn off their calculators and reach for ancient Feng Shui almanacs for a tongue-in-cheek forecast of the Hongkong stock market. For three
      Reuter  -  675 words
    • 332 8 SINGAPORE Sesdaq-listed electronics firm Goldtron Ltd has sold a seven per cent stake in Hongkong subsidiary. Goldtron Holdings (formerly Swilynn International), to Indonesia's Dharmala Group for HKSH.O2 million (SSI.S million). Goldtron. in a release yesterday. said the Goldtron Holdings stake,
      332 words
    • 168 8 SINGAPORE Francis Yeo Teng Yang has been promoted to senior executive vice-presi-dent at United Overseas Bank. The promotion puts Mr Yeo. 53. just below deputy president Wee Ee Cheong and president Ernest Wong. Mr Wee is the son of UOB chairman Wee
      168 words
    • COMPANY BRIEFS
      • 75 8 SINGAPORE GRP Ltd said yesterday it had yet to submit a formal application to the Stock Exchange of Singapore in relation to its transfer to the main board. The Sesdaq-listed company was responding to the story "Four Sesdaq companies eyeing transfer to
        75 words
      • 53 8 SINGAPORE DBS Finance said it has increased its authorised capital by S2OO million to 5250 million and its issued and paid-up capital by $75 million to $121 million through the issue of 75 million new ordinary shares of $1 each. DBS Finance is a whollv-owned subsidiary'
        53 words
      • 99 8 Bloomberg Business News BANGKOK Tipco Asphalt pic said it plans to raise 580 million baht (SS34 million) through a sharesale. The company, known as Tasco, said it will use the money to refinance debt and fund new factories. The sale of new shares will
        Bloomberg Business News  -  99 words
      • 54 8 NST KUALA LUMPUR Leader Universal Holdings Bhd is buying 73.2 hectares of land in Province Wellesley South for MS 19.73 million cash (5511.2 million). The land will be bought by its. wholly-owned subsidiary. LCI Property Development Sdn Bhd. from Ch'ng Hung Meng and Ch'ng
        NST  -  54 words
    • 105 8 SINGAPORE Singapore Telecom has clarified that it is not absorbing any 3 per cent good and serv ices tax on international telecommunications services. This is because there is no GST on such services to begin with. In response to a Business
      105 words
    • COMPANIES
      • COMPANY BRIEFS
        • 84 10 Reuter SYDNEY Coca-Cola Amatil Ltd (CCA) said its shareholders approved at an extraordinary general meeting the U*****.5 million (*****.3 million) purchase of the Coca-Cola Co's Polish bottling interests announced last month. The acquisition will be CCA's largest in Europe and will add another 23 million people
          Reuter  -  84 words
        • 80 10 Bloomberg Business News HONGKONG Home appliance maker and real estate concern Shell Electric Manufacturing (Holdings) said its net profit rose 21.8 per cent in the year ended Oct 31, 1994, on the low end of analysts' expectations. Shell said its net profit, boosted by
          Bloomberg Business News  -  80 words
        • 60 10 Bloomberg Business News LONDON Hickson International pic failed to agree with Unilever pic on compensation following Unilever's decision to stop buying from Hickson the controversial manganese catalyst used in Unilever's Persil Power and other detergents, the Financial Times reported. Lever Brothers, Unilever's British detergents subsidiary, has a
          Bloomberg Business News  -  60 words
        • 85 10 Reuter BOMBAY India's electronic bourse, the National Stock Exchange (NSE), said it would add 150 more shares for dealing on its capital market segment from Feb 8 taking the total number to 672. The NSE's equity trading arm started in November last year.
          Reuter  -  85 words
        • 98 10 Bloomberg Business News HONGKONG Furniture importer, distributor and manufacturer Lamex Holdings has reported a 40 per cent decline in net profits to HK$9.B million (S$ 1.74 million) for the six months ended Oct 31, 1994. Sales rose to HK$342 million for the period, from
          Bloomberg Business News  -  98 words
        • 88 10 Bloomberg Business News BEIJING Anhui Gujing Distillery plans to sell shares worth 60 million yuan (5510.3 million) to foreign investors and become the first Chinese liquor producer to list shares, the state-run China Daily reports. The central China-based company's B shares are to start trading
          Bloomberg Business News  -  88 words
      • 319 10 FT LONDON Wellcome, the UK pharmaceuticals group, was to step up its resistance yesterday to the £9.2 billion (SS2I billion) bid from drugs industry rival Glaxo with the launch of a new drug just days after regulatory approval. Wellcome is also understood
        FT  -  319 words
      • 641 10 Sales plunge, expansion plans shelved as peso devaluation hits businesses NYT MEXICO CITY The first reports detailing the impact of the peso devaluation on businesses in Mexico paint a brutal picture of huge foreign-ex-change losses, steep declines in sales and an erosion of
        NYT; AFP  -  641 words
      • 240 10 Reuter BONN Kloeckner-Hum-boldt-Deutz AG (K.HD), the loss-making German engineering group, was to meet its creditor banks yesterday, and was widely expected to announce far-reaching measures to close a yawning liquidity gap. The company's stock price fell 20 per cent last Friday before trade was
        Reuter  -  240 words
      • 289 10 Payment Kx Books Pa> date close date Asia Pacific F 20N Feb 6 Feb 10 Feb 22 Avimo 20* F I2.5TE Mar I Mar 7 Apr 15 Bcrjaya Group I 6 Mar 7 Mar 21 Apr 21 Bcrjaya Ind I 3.5 Mar 7 Mar 21 Apr 19 Bcrjaya Leisure I
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      • 505 10 MARKET WATCH Los Angeles Times NEW YORK The mouse is roaring again on Wall Street. Troubled by its faltering image with investors after a series of setbacks last year. Walt Disney Co invited nearly 200 analysts and money managers to Los
        Los Angeles Times  -  505 words
      • 530 10 Reuter MELBOURNE Negativesentiment continues to overhang diversified industrial group Pacific Dunlop Ltd. with brokers downgrading their profit forecasts and expecting little share price strength. Analysts yesterday said the shares, languishing at a fiveyear low after falling 20 per cent since November, have been
        Reuter  -  530 words
      • 336 10 AFP NEW DELHI Linda Wachner, president of Warnaco Inc. one of the largest intimate apparel firms in the United States, sees India as a land of opportunity. "It's virgin territory," the president and chief executive officer of the Fortune 500 company
        AFP ,  -  336 words
      • 569 10 Manager* priccs Feb 2 us Gr Fund 095 0 98~ Singapore Unit Trust DOB Asset Mgt Ltd The Cowcroc 1.55 I M Inifund 1.29 1.35 The Savings Fund I 155 L'ntbond 1.02 1.045 S'pore Prog Fund 0 55 0.59 I nited Gr Fund' 1.55 1.62 S pore See Fund 0.9|
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    • FINANCE & COMMODITIES
      • 397 11 FT PARIS French retail banks are poised this week to remove a regulation dating from the Middle Ages that has allowed them to make substantial profits on cash deposited or withdrawn by customers. The Association of French Banks was expected to recommend
        FT  -  397 words
      • 470 11 AFP SINGAPORE Asia's petroleum refining margins, down last year to their lowest levels in a decade, should recover in 1995 despite stiffer regional competition, according to an industry poll released here on Sunday. The optimism was based on .the region's buoyant economic
        AFP  -  470 words
      • 215 11 Reuter CANBERRA The future of Australia's Assso million (SS6OS million) malting barley industry depends on its success in Asia. The Grains Council of Australia (GCA) yesterday released an industry report by the Boston Consulting Group (BCG) saying Australia needed to focus on Asia
        Reuter  -  215 words
      • SMALL CHANGE
        • 99 11 Reuter MANILA The Bankers Association of the Philippines (BAP) says it supports a government idea of imposing a tax on speculative capital flowing into the country. BAP president Rafael Buenaventura told reporters on Sunday that the government must, however, define carefully what it considers
          Reuter  -  99 words
        • 50 11 Reuter NEW YORK Price Waterhouse's Financial Services Industry Practice has established a strategic alliance with Meyerman Associates to provide the financial services industry with consulting advice in the areas of domestic and international banking, trade services, capital markets, money centre banking and wholesale banking. Reuter
          Reuter  -  50 words
        • 64 11 Bloomberg Business News SYDNEY London-based ratings group IBCA Ltd has raised its credit ratings on two Australian banks, Westpac Banking Corp, and Australia New Zealand Banking Group, citing improvement in the banks' asset quality. The short-term rating for each bank was raised to A
          Bloomberg Business News  -  64 words
        • 84 11 UPI DUBAI The Commercial Bank of Dubai on Sunday announced a net profit of US$2l.4 million (Ss3l million) for 1994, up 19 per cent from 1993. The bank's annual general meeting approved payment of a 15 per cent dividend worth U5512.65 million, with most
          UPI  -  84 words
        • 103 11 Reuter MANAMA Saudi Hollandi Bank, a Saudi-Dutch joint venture bank, announced on Sunday a 32.8 per cent drop in its 1994 net profit mainly due to investment losses. The bank, 40 per cent owned by the Dutch ABN-Amro Bank, said it posted a net profit
          Reuter  -  103 words
      • 385 11 Reuter KUALA LUMPUR Regional traders said yesterday that the palm oil market may remain quiet this week because of the Lunar New Year holidays. But Singapore traders said a build-up of stocks due to poor exports and good production may
        Reuter  -  385 words
      • 89 11 Reuter NEW YORK Goldman, Sachs Co said it and PT Bahana Pembinaan Usaha Indonesia, an Indonesian multifinance firm, signed an agreement establishing an operating partnership. Goldman said the agreement covered joint services to Indonesian corporations including corporate finance, underwriting, financial advisory, asset management and
        Reuter  -  89 words
      • 405 11 Reuter BLUING China must overhaul its sugar policy it' it is to end a drastic drop in production and rising dependence on imports. Officials and traders yesterday said Beijing must raise the purchasing price for farmers, pay them in cash
        Reuter  -  405 words
      • 476 11 ENERGY REPORT Bloomberg SINGAPORE Forward crude oil prices in East Asia fell, reflecting traders' concerns about possible declines in gasoline and crude oil prices in the United States. Forward supplies of Malaysian Tapis, the Asian benchmark crude, for February delivery were discussed between US$lB.O5
        Bloomberg  -  476 words
      • Article, Illustration
        1639 11 IrnJe iifitihml inlt\ ah ulauil <i.*uimr S'/xxf > /<f> H twtlinf partmi\ Base nitr I Wt5 US$/S$ forward rates Noon Jan 30 s$ Bid Offer 1-month ***** ***** 2-monlh 1 4439 I 4454 V month 1 4413 ***** 6-month 1.4333 1.4353 Smmv OCIM Source: OCBC FOREIGN CURRENCY NOTE RATES As
        1,639 words
    • COMMODITIES & FUTURES
      • 1344 12 SIMEX REPORT SINGAPORE Simex Eurodollars and Euroyen futures were easier at the close of trade. Dealers said trade was thin with Simex closing early at 1600 local time for the Lunar New Year celebrations. A dealer said there was some profit-taking in Eurodollars after the
        1,344 words
      • 351 12 Bloomberg Business News PERTH, Australia The Western Australian government said it has approved proposals for the development of the Goldfields Gas Pipeline. The As4oo million (Ss44o million) gas pipeline will run 1,370 km, from Karratha on the northern coast of the state of
        Bloomberg Business News  -  351 words
      • 167 12 Bloomberg Business News LONDON Los Angelesbased Atlantic Richfield Co (Arco) said it will join the campaign of some Alaska officials to end a federal ban on oil exports from the state. Arco, based in Los Angeles, is the second-largest oil producer
        Bloomberg Business News  -  167 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 161 12 TOKYO Japan's Hitachi Metals Ltd is mulling an increase in the amount of aluminium it buys this year because of stronger-than-expected demand for aluminium wheels, a company trader said. The company announced plans in early December to lift production of aluminium wheels by more than
          161 words
        • 56 12 TOKYO Japan's demand for tin totalled 2,729 tonnes in October, up 5.9 per cent from a year earlier, and up 11.6 per cent from September, according to the Japan Industrial Mining Association. Japan's total supply of tin rose 12.2 per cent to 6,805 tonnes
          56 words
        • 75 12 TOKYO Japan's demand for nickel totalled 7,044 tonnes in October, up 31.6 per cent from 5,351 tonnes in October 1993, according to the Japan Mining Industry Association. Demand from the specialty and stainless steel sector rose 44.9 pacent in October from a year earlier to 5,118
          75 words
        • 64 12 PERTH Mining at Zapopan NL's Mount Todd gold mine in the Northern Territory will be suspended for 10 to 12 days due to flood damage, the company said. A company statement said the disruption may delay up to 12,000 ounces of production in the
          64 words
      • 1463 12 Rubber Jan 27 Singapore Commodity Exchange (futures dosing at at 5.30pm) ESS 1 Ceatract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 95 255.50 575 Mar 257.00 850 Apr 265.00 259.00 259.00 425 3350 May 260.50 259.00 259.00 225 3700 Jun 260.50 259 00
        1,463 words
    • REGIONAL STOCK MARKETS
      • 1062 13 -5.9 STOCKS closed modestly weaker yesterday after a late rally failed to offset the negative impact of another slump in gold bullion prices and weaker offshore bourses, brokers said. The key All Ordinaries Index closed 5.9 points lower at 1,856.7. The All Resources Index reflected the gold slump, closing
        1,062 words
      • 772 13 15.68 Stocks rose for the third time in four trading sessions, led by shares in large companies with good earnings prospects. The PSE Composite Index rose 15.68 points to 2,419.64. Turnover was 640.6 million pesos. Trading levels are expected to be low this week because the Lunar New Year
        772 words
      • 329 13 +23.14 Shares rose for a third day amid optimism that the central bank has inflation under control and that interest rates have peaked. Telecom led gainers, rising to a three-month high. Foresters Fletcher Challenge and Carter Holt Harvey also rose. The same optimism drove New Zealand bond yields
        329 words
      • 157 13 +38.21 Stocks rose on news that the Indian markets would soon have a system of options trading. making them more interesting to investors. Over the weekend, the Securities and Exchange Board of India announced that it would end the 38-year-old ban on options trading. With the end of the
        157 words
      • 759 13 Taipei Jan 26 IS VII SiFKric IikJ 2.'*0 uikIi 1(M#» Vsu t ciwnl 54t«» 0 50 'M>" t alhat i*in1 i 41 H> ynth 21*0 jlhjv Life InN 1*0.00 -i on 2?W I han» ll»a Hank IWWO 200 32J3 (hetuUnat 41 20 ♦0*0 dnHwCom 5 1566* hia Hvin Flour JUII
        759 words
    • 2863 13 London Britannia Funds Jan 27 Pent* Mcrli«f Cash Bid Offer J 1 Mmi Cap Deposit 3* 6400 Mi.J00 Industrials Mim j«r«» 0* 01*93 oiw Mim Ma* Income *0 9000 *0 9400 A. A. Corp Adr 47 *70 > .370 ah Pmic ">78 -2 LSI Cash I 42?
      2,863 words
    • Article, Illustration
      3053 14 Bloomberg Business News HONGKONG Stocks rose yesterday as a rally in property-related shares tempered concern over slack corporate earnings and a looming US-China trade war. Conglomerates Hutchison Whampoa and property developers Sun Hung kai Properties rose after a government land auction last week eased concern over declining property prices.
      Bloomberg Business News; Source: Bridge Info  -  3,053 words
    • Article, Illustration
      528 14 CLSA CHINA shares in Hongkong retreated across the board, with the H Index closing down 0.5 per cent in the final day's trading before the Lunar New Year holidays. Trading activity was subdued at HKSI7 million. Interest remained strong in Maanshan, with HK.SB.S million worth of shares changing hands.
      CLSA  -  528 words
    • Article, Illustration
      2456 14 Bloomberg Business News TOKYO Stocks reached their highest point in a week after a major Japanese bank announced it will lose money this year, sparking hopes other banks will write off bad loans faster and stop selling stock to avoid losses. The news that Sumitomo Bank won't report a
      Bloomberg Business News; Charts by Bridge Info  -  2,456 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7815 15 1 MAIN BOARD Cr U M #1 |H4f<5 Im Vol Du) l«*l Quote Di« Di» \ld M»l if A«g HiKh Lot Compan) Salt ("0001 lli||h Low Bujrr Seller Or P'E Pri«* INDUSTRIAL AND COMMERCIAL 720* 388 ml s Acma 50c -MO 8 119 458 418 418 442 88 4.7 10
        7,815 words
      • 2001 16  -  By R Sivanithy SINGAPORE The stock market yesterday proved wrong observers who had previously forecast that prices would drift lower, as relatively strong buying sent the Straits Times Industrials Index to a gain of almost 50 points. A significant portion of this gain
        Charts by Bridge Info; Source: Bloomberg  -  2,001 words
    • 2393 16 Gr Gr 1994/9$ Last Vol Day Last Quote Di» Oh YM Net M Cap High Low Company Sale <UOO) High law Buyer Seller Cw P/E Smil MALAYSIAN STOCKS 398 160 m AISB 50c 248 +10 14 248 245 245 249 3.0 -2.9 0.3 25.4 206 77.5 m AMDB
      2,393 words
  • Page 8 Advertisements
    • 48 8 nJH [f] GONG XI FA CAI rrn'iiiif I aKTfSI I I E&uik th I I I Available at Newsstands Times the Bookshop NTUC Supermarkets 7-Eleven STOP fIPQ PRESS kiosks Browse Buy at post-offices Shell Esso Caltex Mobil SPC BP. Published by Times Periodicals, member of Singapore Press Holdings
      48 words

  • Page 9 Advertisements
    • 139 9 st* Bfst #St i. st st BiTt im ST h wm t Tr isi*^jiki jfr.iii. K gt b **j flL* atlhu.* w R hit e K&r S? 1 »T*ii! g* jfi+ SMSff BBt gT st JH\ LgS ■:ViL»»'£""."«+!?». PtSt*!?* BU* St* ftf It ft®* w f «+B+ si'* H Irlf
      139 words

  • Page 10 Advertisements
    • 283 10 MFSline In English Number Your Daily Stars 8450 The Aquarius Employee; Win Prizes! Entertainment News 8451 Battle Of Songs... Ghost Stories 8452 A Tune That Kept The House Alive; Win Prizes! Children's Funland 8453 Quiz On Fish Face Facts: Face Shape 8454 Dreamland 8455 Fandi Ahmad Sleeping Hero; Dreaming Of
      283 words


  • Page 12 Advertisements
    • 26 12 o o o o o v: LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. fTI Business Times WtB*OWASA
      26 words
    • 33 12 Fashion Beauty "Have A Colourful Lifestyle! Call 24 hours a day for hot topics close to your heartany thing from head to toe. Cost: 30 cents a minute Mine Ail SPH AwboTex Service
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  • Page 13 Advertisements
    • 148 13 ELECTRONIC AIR CLEANERS, USA. s a supreme 2000 (ceihng cac 1000 (c in9 j m TRION's Electronic Air Cleaners improve Indoor Air Quality by I j aT 1300 FMIOOO (CeiiingUnit/ removing up to 95% of invisible dust and pollutants like smoke pollen, Flush Mounted) spores, mites animal dander, lint etc.
      148 words

  • Page 14 Advertisements
    • 51 14 The Advertisement Copy For This Space Did Not Arrive At Press Time The Bangkok and Jakarta market reports were not available because of early printing time f STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE# Business Times WE KNOW
      51 words


  • Page 16 Advertisements
    • 13 16 H, J mk^d mS \m J ATMs BusinesslT Every Monday, in Business Times
      13 words
    • 77 16 THE QUEST FOR KNOWLEDGE TWii IS NEVER ENDING. j H Quench that fiery ambition in "Learning for Success". It provides the avenue for institutions offering tertiary and higher degree courses to reach out to <gs. interested students and working professionals searching for information on '0 education courses. Please contact Benny
      77 words

  • Shipping Times
    • 251 17 AP KUALA LUMPUR Malaysian Law Minister Syed Hamid Albar said on Sunday that there should be a regional conference to set guidelines to deal with waste dumping problems by ships in the Straits of Malacca. He said if such a conference could be held
      AP  -  251 words
    • 190 17 SINGAPORE Western Australian yard Austal Ships has made its first sale to the eastern Mediterranean market. In a statement issued recently, Austal said it had delivered two 30-metre monohull ferries each costing As 2 million (552.2 million). Its client was Turkish
      190 words
    • 471 17 Seatrade Review Monthly LONDON Shiprepair, by its very nature, is a dangerous occupation. No matter how many precautions are taken to prevent accidents, events can and do conspire which results in a claim on a yard's insurance policy. In the past year,
      Seatrade Review Monthly  -  471 words
    • 601 17 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Lines 13 5 Ahrenkiel Liner 4 1/2 •Appcnship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line, The 9 5 Batamindo 7 3
      601 words
    • 215 17  -  By Arti Mulchand SINGAPORE West Port, the newest shipping gateway in Malaysia's Port Klang, is expeeted to become a regional hub for transhipment. According to a statement issued last week by Klang Multi Terminal, the port is on Pulau
      215 words
    • 229 17 Reuter ATHENS Greece is risking a surge in tension with its neighbour and rival Turkey by preparing to ratify a world sea treaty which allows Athens to extend its territorial waters to 12 miles (19 km). Turkey threatened last year to go
      Reuter  -  229 words
    • 1453 18 A fair volume of fresh enquiry has emerged in the dry-cargo market after a week of slow business hut the Baltic Freight Index lost another 13 points. Rates reported in the market were mixed, although the index has steadily fallen since the beginning of the week and stood
      1,453 words
    • 560 18 COURSES litle: International Freight Forwarding I (SDF 70%) Duration: Feb 9 Apr 20 Organiser Singapore Freight Forwarders Association Tel: For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. I itle: Container Management (SDF 70%) Duration: Feb 15 Mar 2 Organiser Singapore National Shipping Association Tel: For
      560 words
    • 1264 19 International Transport Journal HOW does KlausMichael Kuhne, chief executive officer of the Kuhne Nagel organisation, face up to the problem that the forwarder is still the whipping boy where prices are concerned? What advice for the future does the group head have for mediumsized firms,
      International Transport Journal  -  1,264 words
    • 12663 26 This is a list of ships loading at Singapore for ports around the world, it tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls
      12,663 words
    • 3051 30 A xm.BC Containerliae NV: Betsin Shpg Agencies Pte Ltd (SVMarinc Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pte Lid (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Cakource Shpg I rdg Pte Ltd (S) Ahreakiei Liner Service: Kim Shpg A TrdglSV Albutroa Sea-Air Service: Frata Shpg Pte
      3,051 words
    • 151 30 CONFERENCES CONSORTIA lean Contaiwr Line; East Alia late toiwwt (CAM); American President Lines; Orient Overseas Container Line; M K" Line; Malaysian International Shipping Corporation; Neptune Orient Lines; SeaLand; A P Moller Maersk Line; TSK Line. ACC (Far East/Europe): "K" Line; Neptune Orient Lines; Orient Overseas Container Line. OASIS (Far East/Fwilßß
      151 words
    • 279 30 Abacus C ouriers Tel: 545-8011. Fax: 545-1898. Air K\pm\ Travel Tel: 533-5771. Fa*: 535-6144 Airborne Freight C orporation Tel: 542-8844 Fax: 542-3716. *****80. Ainwift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-link International Tel: 344-3377. Fax: 345-6450. Cluster link Supplies
      279 words
    • 1520 30 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20 Aemlink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Fxpress Tel: 542-5454. Fax: *****06. Air Fxpress International Tel: 542-7666. Fax: *****74. *****50. Air
      1,520 words
    • 2676 31 ANGOLA Luanda, I .obi to, Namibe: All cities quiet, no berthing delays at any port. All crude oil terminals working normally. ARGENTINA Santa Fe: No vessels berthed, no vessels in roads, no vessels due. Diamante: No vessels berthed loading wheat, no vessels in roads, no vessels due. San
      2,676 words
    • 270 31 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel L I A ETD Ports of Calls Port Agent l elephope No, JANUARY 31 31 Renaissance I 1100 2000 Cruise to Nowhere Renaissance Cruises 222-338H 31 31 Columbus Caravelle 1300 2100 Rukup Harpers Shipping 221-1388. 31 31 Nautican 1400 2000
      270 words
    • 632 31 THE earthquake in Japan has rendered the major steel mill in the area inoperative which has led to the cancellation of a number of cargoes and potential fixtures. Vessels awaiting to discharge locally are now looking for other facilities which will lead to some congestion. The shipyards in
      632 words
    • SHIPS IN PORT
      • 184 32 Voy »0 Berth Arrival Departure Vejw) Voy No Berth Arrival Departure Marina Wharves ".duon.. 6A *23 2502/i/M 3001 1200 Sembawang Terminal '""T* bikson 9516S S04 alongside 30 01/2300 Pasir Panjang Terminal sa9v so? *****900 Aobay flow 42W6 P05 alongsde 0202, 2359 Naii«*>sett *****5 S05 alongside 16 02
        184 words
      • 1563 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record BooMif/Balance Rslts Siyp Voy No Etb/Btr Period From To From 1 woe 01/2300 18 29/1500 29/1659 29/1900 lht 3 30/0700 30/1159 30,1400 4 30/1200 30/1459 30/1700 fc Piym 17 31/2300 IB
        1,563 words
      • 861 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows fcricc ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and
        861 words
      • 566 32 Carbon <*» TJ Jan 27 Dens*y Watw Readuc Mi Nnm Sedtomt Owrty Wito bate Wi Akmriun Sedmetf "MM Exxon KG/IT3 V/V M/M M/M PPM method KG/IT3 V/V M/M M/M PPM "Hfcii Eastern USA 180 Ave 986 03 111 008 12 382 ISO/Owe lints Spec E25 991
        566 words
    • AIR AND LAND TRANSPORT NEWS
      • 411 34 AFP HANOI Vietnam Airlines is braced for a string of changes this year including an airfare increase, a management restructuring and the stemming of its booming growth rate, a report said on Sunday. The flag carrier's major plans for the year
        AFP  -  411 words
      • 207 34 SINGAPORE Avro International Aerospace, a member of the British Aerospace group, recently celebrated two anniversaries. On Jan I, 1995, the company celebrated its founding. On that day in 1910, aviation pioneer AV Roe and his brother formed AV Roe and Company in Manchester. According
        207 words
      • 447 34 Bloomberg Business News WASHINGTON USAir Group Inc expects that its cash on hand US$45O million (***** million) at the end of last year will dwindle over the coming weeks and remain above US$2OO million by the end of the first quarter,
        Bloomberg Business News  -  447 words
      • 275 34 KnightRidder HONGKONG The biggest single contract in Hongkong's mammoth new airport project has gone to a consortium that brings together a Chinese state company with two British and two Japanese firms. In a statement yesterday, the Provisional Airport Authority said the HKSIO.I billion
        Knight- Ridder  -  275 words
      • 234 34 KnightRidder MEXICO CITY Legislators in the Chamber of Deputies, following the lead of the Mexican Senate, are expected to pass a constitutional amendment that will clear the way for the federal government to begin privatising the state-owned railroad, according to yesterday's Journal of
        Knight- Ridder  -  234 words
      • 188 34 Knight-Ridder NEW YORK In a regulatory change that could help the proposed merger of Santa Fe Pacific Corp with Burlington Northern Inc, the Interstate Commerce Commission last week published rule-making procedures to establish a speedy, 180-day schedule to consider rail mergers. According
        Knight-Ridder  -  188 words
      • 171 34 AFP MANILA Philippine Airlines Inc (PAL) said yesterday it plunged deeper into the red with 871.5 million pesos (Sssl million) in losses in the first eight months of its current fiscal year. The April to November figure was more than double its 402 million
        AFP  -  171 words
      • LOG BOOK
        • 70 34 Reuter STOCKHOLM All four people aboard a light plane died when it crashed after running out of fuel north of Stockholm on Saturday evening, police said. Police said the four died when the single motor plane crashed near the city of Uppsala, 60 km
          Reuter  -  70 words
        • 102 34 AFP TOKYO Some trains began running again into central Kobe yesterday morning, for the first time since the devastating earthquake struck the port city two weeks ago, Jiji Press reported. Japan Railways (JR) trains on the restored 7.3 km sector running from the city's west
          AFP  -  102 words
        • 95 34 AFP TOKYO About 20 countries have protested Japan's planned shipments of highly radioactive nuclear waste from France by sea next month, a major Japanese daily reported yesterday. The Asahi Shimbun said countries in the Pacific, including the Philippines, have told the Japanese government they would
          AFP  -  95 words
        • 55 34 NYT NEW YORK Two hours after taking off from Kennedy International Airport, an American Airlines jetliner bound for London turned back to New York on Saturday night after a flight attendant discovered that food being served to 61 passengers appeared to be contaminated, an airline
          NYT  -  55 words
      • 1695 34 Cttj nw ETA n» ETO_ Oft Firt* ETA Abu MmM GA974 2245 fukmlll SQ989 1720 SQ990 0125 Adelaide QF81 1930 QF82 2050 C—«W SRI 83 2140 SQ228 2110 Hanoi VN741 1310 VN740 1410 Amsterdam KL837 1540 GA892 0010 Hatyai TG407 2120 MI896 1920 GA897 1655 KL844
        1,695 words
  • Page 17 Advertisements
    • 28 17 Stouten tntunU tune LONGBEACH OAKLAND Arriving every Friday ~Hotline *****30 Freight forwarders face price problem, Pg 3 Vietnam Air braces itself for airfare hike, management revamp, Pg 18
      28 words
    • 25 17 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Stopping Times: Tel 740-2089/740-2090
      25 words
    • 29 17 LAW PAGE Every Thursday in Business Times CENTRE STAGE Keep in step with the culture beat. The Arts. Every Monday. W MmiAIDKI'. r I 1 BusincssTimes WT. KNOW MM
      29 words

  • Page 18 Advertisements
    • 1953 18 1 NORTH AMERICA 1 OTHER DESTINATION* I I NORTH AMERICA 1 DIRECT CALL TO WEST COAST f CX) WEST COAIT OF CENTRAL AMERICA (MARGARITA *WVtfP SUttAPOWI CAUPORISA EXPRESS (PSHCT FROM WMT COAT) OT STOH ILA m\«X I SCA I DM. I HOBTW CMC M«0 g[ g U_ FI1K» *»B U
      1,953 words
    • 22 18 o o o LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. Business Times WWDfOWA*I
      22 words

  • Page 19 Advertisements
    • 561 19 D 5Wf7t?N004f1D*****530 W 800Km7H;*****17?418t419 DOCUMBJTATK)NTBj2Z»9S&4B/tDMfTFAX:2&IOO63 -7t >ING AGENCIES ***** 3 bah Don vsl/vpy at I at? am vsl/vqt —sm o«_ p 15/2 17/2 AL NAJBA CIOIW 30/1 14/2 10/2 ALNABA CIOIW 30/1 «/2 11/2 22/2 24/2 BN BAJJAH CIO2W J/2 21/2 23/2 BN BAJJAH CIO2W 1/2 11/2 25/2 1/3 3/3
      561 words
    • 63 19 ANL. IT'S AUSTRALIAN FOR SHIPPING 'GONG XI FA CAP Wishing All Customers Friends A Happy Prosperous New year I FROM, MANAGEMENT STAFF OF JARDINE SHIPPING AGENCIES WISHING ALL OUR VALUED CUSTOMERS A HAPPY PROSPEROUS NEW YEAR 'GONG XI FA CAP FROM. MANAGEMENT STAFF OF JARDINE SHIPPING AGENCIES PORT SHOTS The
      63 words

  • Page 20 Advertisements
    • 1094 20 wishes all our xa Valued Customers, <&».L AssociateswM Friends, v,-ss. X.-' A Very Happy Prosperous Lunar New Year REBULAB DtBtCT CONTAINER 4 BREAKBULK SERVICE TO SOUTH PACIFIC ISLANDS/CHILE/PEBU Vessel/Voy SIN SUVA PAPEETE CALLAO IQUIQUE ANTOFAGASTA COQUIMBO VALPARAISO LIRQUEN 10NTUE 6801EB 19-22/02 08/03 14/03 28/03 31/03 02/04 05/04 06/04 08/04 TBN
      1,094 words
    • 464 20 IS'pore P. Kelang Loading for V VLAHERNA 10/2 14/2 Rdm/Atw/UK/Nantes •Loads E./W. Malaysia. Indonesia fl [Loading for ENERGETIC Dubai/Bahrain/Damman/Kuwait SEA VENUS Hodeidah/Jeddah/Aqaba •Loads Singapore. E./W. Malaysia, Indonesia I Loading for DONA V Los Angeles/New Orleans/ H Charleston/Norfotk/Camden OCEAN EVER Los Angeles/New Orleans/ Charleston/NorfolK/Camden •Loads E./W. Malaysia. Indonesia I Loading for
      464 words
    • 1537 20 I NORASIA ISI VALVE 503W 02/02 21/02 24/02 25/02 25/02 24/02 26/02 27/02 27/02 26/02 I I SEA ENDEAVOIM 505W 05/02 2«/02 03/03 04/03 04/03 05/03 05/03 06/03 06/03 07/03 I I NORASIA TRBOURG 9506-3 15/02 07/03 10/03 11/03 11/03 12/03 12/03 13/03 13/03 14/03 I I NORASIA HONGKONG 9507
      1,537 words

  • Page 21 Advertisements
    • 1299 21 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 I WW QIIINBA PACIPIC LINK *Sv(CP (A SERVICE OF CHINA NAVIGATION CO) ACCEPTS CARGO DUE SAILS C I NMGA WJO *950* Muara. Lib. KK 2130 fan 01 F«b 02 Ftb FCL, LCL
      1,299 words
    • 2415 21 w Singapore Agent: Hrtfm I .(I|l| j| P&O Containers (Singapore Agencies) Pte Ltd O 10 Hoc C hiang Road. »07-0 l kcppcl Towers. Singapore 0208 First Class Connections WORLDWIDE 1*?>?»£«£ pnocsp.k.* 225 5327/222 7517 EXPORT IMPORT 1 vessel vov -pno -mo am sou ant rot ham oot im leh vessel
      2,415 words
    • 762 21 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PKI PEN »H SW HKG KAO TAI K» YOK THY NAG HOB OSK MO) BUS WAN HAI 716 NOll FToi 29~01 JUol 0107,0? 06 07 08 02 10 02 16/02 17,02 18/02 MAN HAI 20/ NO4O 31/01 01 07 03 07 0404~c7" 09 02 10
      762 words

  • Page 22 Advertisements
    • 526 22 ~o^ cfn JOINT VENTURE Wy SAMUDERA INDONESIA QIP RICKMERS win SINGAPORE CHINA GREEN ERA VOY 3HB 12 J*N QJNGDAO MSA SEPUUH VOT 3MB 0« FEB XINGANG SHANGHAI INDUCEMENT CAll PKELANG INDUCEMENT CALL HK. P GUDANG BEL A WAN. TG MAN XIAMEN, ZHANGJIGANG UTAMA HARTA J— WEEKLY FULL CONTAIHERSHIP FEEDER VESSEL
      526 words
    • 1461 22 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 for vsl ran iw HAUI SM YW POX FDR «l SM IM HAUL S»» IM MYC HAN UN FtLIXSTOWt 02« 3 2 WttCT 23/2 24/2 2V2 HANHN POHANG IS4C 12 M ASIA 0201 »/3 10/3 12/3
      1,461 words
    • 1458 22 IPM SGP ASG WC *lfi PUS *1 0» W SW I»0 LAI CHS Bit H M MM IW W MK PSO OB Nl S6P I I QUID MOM JO I* Pi W 12 10? 117 14 21W1b2 17 2 It 2 1314 3 111 17} 27 3 213 «1 30
      1,458 words

  • Page 23 Advertisements
    • 2470 23 VARNA (BULGARIA) COHSTANTZA (ROMANIA) VIA UMASSOL 3 SAILING PER MONTH COSTA* 'SHIPPING*PTE ITO T ri*%•Z& 2 *MisSs c^X^'ifosMi*44 cE72JJ*s'rc 1 *****2 J I fSiHSi lp .t}!£ PTELTD it^JV^7 c .°9 < Zom sss&v* ***** mm s 0S7 6 MS Ml T*«r 2 UCR No: CCSU lOHORC OFFICE: Fax: *****15 Fax:
      2,470 words
    • 215 23 (fc FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 06/02 ROTTERDAM 06/02 AARHUS/COPENHAGEN 06/02 HAMBURG/BREMEN 07/02 MARSEILLE/FRANCE 07/02 FELIXSTOWE/UK 06/02 BARCELONA/SPAIN 03/02 LEHAVRE/FRANCE 07/02 GENOA/ITALY 05/02 ANTWERP/BELGIUM 07/02 LOS ANGELES/WC IPI 03/02 SYDNEY/MELBOURNE 05/02 NEW YORK/EC 03/02 FREMANTLE/ADELAIDE 06/02 VANCOUVER 08/02 BRISBANE 05/02
      215 words

  • Page 24 Advertisements
    • 675 24 I (ScE> WHH &mX^^^GB^s*9 swi^u^Kl H^HH GwpNc frnapg ten) Mwfcrtft W>Wgi Inc. termed H^BB Continental Pacific Shiooino W WB m B 3f TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR AN ANGEL WISDOM SID SID FIU/ROT/ANT/UK WORLD AMPMON MPT 10/2 14/2 FLU/ROT/ANT/UK MELOI 25/2 2/3 8/3 FIU/ROT/ANT/UK
      675 words
    • 889 24 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE f PORT KLANG PENANG VESSEL VOY I SIN PEL VESSEL VOY I SIN PEN St» IAURtt 3V9M OS 2 iSUWi 06 2 (MOW) MCC COWVEYOR MM Q3 2 (FRI) OS 2 (SUN) ■OUR SPORE 9SOII
      889 words

  • Page 25 Advertisements
    • 861 25 (PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. E j II CR NO **********0E I f VESSEL VOY SIN CMS JIB HOD JED AQJ ADE PZU MBW ASA KOTA WUAYA WJASIS 9/2 14/2 20/2 22/2 24/2 2«/2 27/2 2/3 7/9 KOTA BERLIAN BRL27P 17/2
      861 words
    • 945 25 11 wsseis vot set u n»m hiww thahs bottehpam mkwebp 11 W.IE PC CAIMM CO7W 02/02 21/02 23/02 25/02 26/02 21/02 11 wut ot sacitu ~so7w n/02 oi/QJ oa/Qi 05/03 M/ 03 07/03 M win o *q»« mm i«/o* M^o3 h/m 12/03 13/03 14/03 11 Will PHTDM HO7W IV" 17/03
      945 words
    • 558 25 I PSA li. MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf TAN AH AR V2W SAR.ED HPA-AN V2O7W 0«/10 Frt MALAYSIA AGENTS: BOUSTEAO SHVPWG AGENCIES KUL TU 02-01-*****00 PHI: TEL 02-03-36M767 PEN: TO. 02-04-*****2 PGD TEL 02 07 *****21/4 NIGERIAN NATIONAL SHIPPING LINE
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  • Page 28 Advertisements
    • 1627 28 [from EUROPE -TW m PtH MOTttRVSE 1 SUM lUH 1 RTM 1 HAM I BRH |HI I BSE/ITB 5016/5016 2101 2101 0102 11.02 13 02 j?« _23j2_ M WM gg- ISTiS SO2O/502(1 04.02 04 02 OCEANU 2524 07.02 2502 *oT 27 02 01.03 02.03 1045_ ISO 2 1 6IT 20
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    • 572 28 CONTAINER LINES, INC 12KZ/\ V|Afl« n t»: MAC-NELS SPORE: *****22 (24 LINES) v_j \y J cm Mo. **********0 c SIBU (084) *****9 KUCHING (082) *****3 PENANG: (04) *****8 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5
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  • Page 29 Advertisements
    • 45 29 The latest in sea, air and land transportation Shipping Times Monday to Friday SINGAPORE r 1 Business Times Wt KNOW AM o o o Q o LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. Business Times WIKHOWASIA
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    • 251 29 r VESSEL VOYSm MAASIN I TIGER ISLAND 127N 30 31/01 05 11,02 16-17/02 TIGER BRIDGE 315N 03 04 02 09 15/02 20 21/02 TIGER BAY 128N 04-05/02 10-17/02 22 23/02 H TIGER SPEED 316N 07-08/02 13 19'02 24 25/02 CAPE HERMES 205N 11-12/02 17 23/02 27 28/02 TIGER CAPE 014N
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    • 416 29 ID-'.1 D PONGNAMA LINE COMTAINERIBED SERVICE STRAITB/BLW/IMC/BBN *ssa <nss> vsr m bin hk mc ka MM* no IN n 01 Mil 01 02 12 12 12/12 IVI2 TU»M MIM 01 02 11 21 02 21 02 swomc mam *«2* u u u/ti 14/12 u 02 2002 0101 usnoM no2N 1102
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    • 450 29 m RICHFIELD MARINE AGENCIES (S) PTE LTD W TEL: *****33 (12 Lines) S FAX: *****15/*****03 rH TELEX: RS ***** RISHIP (3 Linet) CR NO.: **********0E m ETHIOPIAN SHIPPIN6 LINES (National Lines of Ettwopia) ACCEPTING FCL AND CONVENTIONAL Vhhl Voy ETA Loading For Spore Abba, Wonz 42W8 30/01 Mombasa. Dpbouti Assab
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  • Page 33 Advertisements
    • 483 33 I HYUNDAI I JWEBCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [7m [~PKI PCD VESSELS VOY 9N RTM ANT LEH HAM BREJ FEL "OT/02 03/02 04/02 K EXPLORER 315* 06/02 24/OF~ 26/02 25/02 26/02 26/02 21/02 01/02 10/02 11/02 SEA PROGRESS 315W 13/02 03/03 05/03 04/03 05/03 05/03 07/03
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    • 363 33 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE t RORO CARRIER SPECIALIZE M HEAVY LFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS WSSfI HOT SW P* lOWMG FM OCEAN BIUC 9 SID MUM* 29/1 INCHON 4/2 SONBAI II 2/2 BANTEN 4/2 IMMT4 S/2 COSMC LEAK* 4) 1/2 1/2 COJMC CHALLENGER 37
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    • 709 33 VESSEL 1 »0Y ISI ETA/P I LAX OAK I CHI DAL MEM/COL IHOU I NYC NOR ALLIGATOR PRIX S7A 02/02 /03/02 19/02 21/02 22/02 23/02 23/0? 24/02 24/02 25/02 HENRY HUDSON BRPGE »1A 09/02 /10/02 26/02 28/02 01/03 02/03 02/03 03/03 03/03 04/03 ALLIGATOR VICTORY 59A 10/02 /17/02 05.03 07/03
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  • Page 33 Miscellaneous
    • 302 33 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 MOO 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 ISOO 1900 2000 2100 2200 2300 2.5 2.5 2.1 1.6 1.2 1.0 0.9 1.1 1.5 2.1 2.« 3.2 3.1 2.9 2.3 1.6 1.0 0.6 0.3 0.2
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