The Business Times, 3 February 1995

Microfilm: NL19771
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    11 1 Business Times we khowaslT~ MITA(P) 194/12/94 Friday February 3 1995 85"
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  • 2 am LATEST
    • Article
      Lock icon Warnings against media restrictions
      60 1 Reuter BRUSSELS European advertisers yesterday warned the European Union not to restrict their freedom to take part in new media services as it moved toward a US-style "information society". The president of the European Advertising Tripartite said: "Advertising cannot find interest in the new media which
      Reuter  -  60 words
    • Article
      Lock icon Fiat's back in the black
      40 1 AFP TURIN, Italy Big Italian vehicle maker Fiat Group returned to operating profitability last year, it said yesterday, while sales jumped by 20 per cent year on year to 65.5 trillion lire (Sss9 billion). AFP
      AFP  -  40 words
  • Article
    MARKET SUMMARY
    165 1 Stock market indices Thursday Change STII 2,100.93 +17.57 KLSE Comp closed Nikkei 18,604.30 +135.17 Hang Seng closed SET Index 1,241.53 +3.00 Jakarta Comp 440.50 5.85 CLSA China B closed Aust All Ord 1,856.5 +23.4 FTSE 100 3,034.7 +17.4 Thursday Previous lpm EST close Dow Jones 3,856.64 3,847.56 Average
    165 words
  • Article
    Half-point Fed hike not the last this year: analysts
    538 1  -  Most observers see additional one percentage point increase before year-end From Leon Hadar in WASHINGTON DESPITE a half-percentage point interest rate rise by the Federal Reserve on Wednesday the seventh in the past 12 months analysts expect further rises based on
    538 words
  • Article
    S'pore banks unlikely to raise primes soon despite Fed hike
    589 1  -  Byl Quak Hiang Whai SINGAPORE The flush interbank market and its low rates are likely to keep local banks from raising their primes in immediate response to the US Federal Reserve Board's half a percentage point rate hike on Wednesday.
    589 words
  • Article
    Lock icon Dow up 9 points at 2 am
    91 1 Bloomberg Business News NEW YORK US stocks were mixed yesterday as advances by technology stocks overcame concern that the Federal Reserve would continue raising rates this year. At Ipm EST, the Dow Jones Industrial Average was up 9.08 points to 3856.64. Bet-ter-than-expected earnings
    Bloomberg Business News  -  91 words
  • Article
    Telecom teams up with top Indian firms to bid for phone licences
    341 1  -  By Genevieve Cua SINGAPORE Singapore Telecom has teamed up with two prominent Indian firms to bid for basic and cellular telephone licences in India. Sources believe the joint venture with leading software group HCL Corp and established truck
    341 words
  • Article
    Singapore gears up to host WTO meeting
    180 1 SINGAPORE Singapore has started preparations to host the First Ministerial Conference (MC) of the World Trade Organisation (WTO) next year. It will be a major effort involving both the public and private sectors. The Singapore government said in a statement yesterday that it
    180 words
  • Article
    Regional markets end mixed in reaction to US rate rise
    335 1  -  By R Sivanithy SINGAPORE The three major stock markets that were open in the region yesterday posted mixed reactions to the US Federal Reserve's decision on Wednesday to raise its short-term interest rates by 50 basis points, with the only
    335 words
  • Article, Illustration
    Lock icon CPF home financing applications down 12%
    410 1  -  By Abdul Hadhi SINGAPORE The number of applieations for Central Provident Fund home financing eased to 12.344 last year, reflecting the caution creeping into the private residential property market. This was a 12 per cent decline from 1993, when brisk buying resulted in a
    Source: CPF  -  410 words
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      223 1 %:>`_&{.`=;&?(})$;{<;!`/@(;^]<{ CONTENTS Spore News 2 SpThEb *13.14.15 Re&wt News 3.4.5 Financial 16.17 World News 6 Features Markets Analysis 11 Cloto/RLSf. S£S 2072 Editorial 10 Regional 18 Sports 7 World 19 TV/Lifestyle 9 Currencies 16 Advertising 1 Simex/Commo .16,17 Satacriftion Tel **********7 Fat *****/5 BT Newsdesk Tel *****18 Fai *****71 8
      223 words
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      8 1 Advertising: pg 7 Ban on unsolicited fax ads
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      18 1 HocfTlMck Siew: 13 New strategies needed for IPOs Bank of England lifts lending rate to 6.75%, Pg 12
      18 words
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      Page 1 Advertisements Column 4
      142 1 Bottom Line: p# 12 Another Fed Budget day on March 1 SINGAPORE Budget Day this vear will be Wednesday. March I. Parliament will then meet from March 13 to 23 to debate the Finance Minister's proposals for the 1995 fiscal year, the government said yesterday. Budget Day, traditionally a Friday,
      142 words
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      24 1 «fifi"TYCH GROUP TRANSPORTATION WAREHOUSING SPECIALIST SINCE 1955 YOUR PARTNER IN TOTAL LOGISTICS CALL: 862-2828 (20 LINES) FAX: 861-6366 Bearish market slows withdrawals, Pg 2
      24 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Little impetus for rise in local rates
        334 2  -  By Quak Hiang Whai WITH the Federal Reserve Board's 50 basis-point rise in its short-term interest rate on Wednesday, all eyes are now on local prime lending rates. Will Singapore banks use the Fed's rise as an excuse to raise their prime lending
        Source: Nat West Markets  -  334 words
    • Article, Illustration
      1994 tourist arrivals hit 6.9 m; Asean accounts for one-third
      373 2  -  By A J Leow THE number of visitors to Singapore rose 7.4 per cent last year to 6.9 million. The latest figures from the Singapore Tourist Promotion Board also show increases in seven of the top 10 markets. Topping the
      373 words
    • Article, Illustration
      SM Lee: If you take on the PM, he mil have to take you on
      352 2 CRITICS who try to mock or diminish the prime minister's authority and office cannot expect to get away without penalty, Senior Minister Lee Kuan Yew said. If such challenges were to go unanswered, it would
      352 words
    • Article
      Bearish market slows withdrawals under CPF investment schemes
      326 2  -  By Quak Hiang Whai THE sluggish stock market of 1994 has drastically reduced activity in the Central Provident Fund Board's basic and enhanced investment schemes. According to figures from the CPF Board, a net $1.7 billion was withdrawn last year, compared with
      326 words
    • Article
      Mulani: I'll make amends for NZ failure
      448 2  -  From Mike Simms in AUCKLAND SINGAPORE businessman Mohan Mulani. who late last year inexplicably failed to meet an NZ$B.4 million commitment to his New Zealand company, says he plans to make amends. He said yesterday he would reimburse Roller Mills Fashion, a shell
      448 words
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      Page 2 Advertisements Column 1
      261 2 O OMEGA The sign of excellence. f IN-DEPTH BUSINESS NEWS FROM SINGAPORE PERSPECTIVE S3r over two decades Singapore Business has covered the local and regional business scenes with more depth J Mr(MISMISS(Ms: J and breadth from a perspective which is J company: more relevant to local businessmen than Dept: Age:
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      75 2 Ik the raffles j CONVERSATION "The business community is very much on the forefront of discovering Asia. They know the region. They work hard to establish American presence there. The political and media elites are behind the curve in that regard." Former US diplomat and informal Apec ambassador in Washington
      75 words
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  • SOUTH-EAST ASIA
    • Article
      Jakarta urges insurers not to use KPMG unit as auditors
      359 3  -  All a misunderstanding, says accounting firm From Leslie Lopez in JAKARTA INDONESIA'S finance ministry has "appealed" to insurance companies to refrain from using KPMG Sudjendro Rekan, the country's second largest accounting firm, as external auditors. Sophar Toruan, director general of
      359 words
    • Article, Illustration
      Lock icon Thailand to import gas from Myanmar
      512 3 Reuter BANGKOK Thailand's state petroleum authority yesterday signed an agreement to import gas from Myanmar via a pipeline that rebel groups have threatened to destroy. Under the 30-year pact, signed at a ceremony presided over by Prime Minister Chuan Leekpai, the Petroleum Authority of
      Reuter  -  512 words
    • NOTE BOOK
      • Article
        Lock icon Talks urged over tax on hot money
        104 3 Reuter MANILA Philippine Central Bank governor Gabriel Singson urged the government not to consider taxing short-term portfolio investments without consulting economic and political leaders. Mr Singson said yesterday that "these things have to be a matter of national policy. They have to be
        Reuter  -  104 words
      • Article
        Lock icon New operators boost cell phone market
        76 3 Reuter MANILA The Philippine cellular phone market expanded about 100 per cent in 1994 largely because of the entry of new operators led by Smart Communications Corp, the National Telecommunications Commission said. The market totalled 200,409 mobile phone subscribers last year against 100,400 in
        Reuter  -  76 words
      • Article
        Lock icon Coastal Petroleum shifting to Subic
        93 3 AFP MANILA Coastal Petroleum will move its Asian trading headquarters from Singapore to the Subic Bay Freeport by May, the agency in charge of converting the former US naval base into an industrial zone said yesterday. The Subic Bay Metropolitan Authority said Coastal vice-president Dennis
        AFP  -  93 words
      • Article
        Lock icon Cambodia rice shortfall confirmed
        79 3 Reuter PHNOM PENH The United Nations World Food Programme yesterday said a Cambodian government estimate predicting a big shortfall in wet-season rice was reasonably accurate. The head of the WFP in Phnom Penh, Kenro Oshidari, said it was going to launch an appeal to top up
        Reuter  -  79 words
      • Article
        Lock icon Two planes collide at KL airport
        43 3 AP KUALA LUMPUR A Berjaya Air aircraft preparing for takeoff with 19 on board hit a plane parked at Kuala Lumpur International Airport yesterday. No one was injured but both planes were damaged, airport officials said. AP
        AP  -  43 words
    • Article
      Lock icon US slow to grab Viet business opportunities since lifting of embargo
      432 3 AFP HANOI In the year since the United States lifted its 19year trade embargo against Vietnam, the world's top economic power has appeared slow to take a leading role in foreign investment here, critics say. But most US businessmen
      AFP  -  432 words
    • Article
      Lock icon Half Of Indon grads cannot get work
      266 3 AFP JAKARTA Up to half of the 150,000 people who graduate from Indonesian universities each year cannot find work. Manpower Minister Abdul Latief said yesterday. Only about 40 to 50 per cent are absorbed by the job market, Mr Latief said after briefing
      AFP  -  266 words
    • Article
      Lock icon Release Suu Kyi, UN rights body official tells Yangon
      319 3 Reuter GENEVA A United Nations human rights investigator called on Myanmar yesterday to immediately release dissident Aung San Suu Kyi and to stop its soldiers and prison guards from committing killings and torture. He also urged the ruling military junta, which
      Reuter  -  319 words
    • Article, Illustration
      Lock icon Cambodian investment board upset over Rainsy's Malaysia remarks
      435 3 AFP PHNOM PENH A war of words has erupted between the Council for the Development of Cambodia and the outspoken former finance minister Sam Kainsy over his recent remarks labelling government deals with Malaysian companies "unconstitutional" and "dubious". "Once known for his
      AFP  -  435 words
    • Article
      Lock icon Indonesia uncovers 220 cases of corruption costing US$ 106m
      251 3 Reuter JAKARTA Indonesia officially uncovered 220 cases of corruption which cost the state US$lO6 million (SSIS3 million) during its last five-year development period, the Antara news agency reported yesterday. Soedarjono, head of the government's audit agency, was quoted as saying most
      Reuter  -  251 words
    • Article
      Lock icon Viet communist party turns 65, vows to avoid errors of E Europe
      393 3 AFP HANOI Vietnam's Communist Party, one of the last such regimes still in power, celebrates its 65th birthday today intent on not repeating the "mistakes" which triggered the collapse of socialism in Eastern Europe. The authorities are marking
      AFP  -  393 words
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      29 3 AUCTION UNDER INSTRUCTION FROM THE MORTGAGEE. ON SITE. 12 NOON SATURDAY 18TH MARCH 1995. J I X b rismwm. I MACK HALL ANO ASSOCIATES HooKQ Bjj j 325 2533
      29 words
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  • CHINA/ HONGKONG/ TAIWAN
    • Article
      Lock icon Taiwan will be a casualty in Sino-US trade war: analysts
      443 4 Reuter TAIPEI If the United States and China decide to wage a trade war across the Pacific, Taiwan will be caught in the crossfire and officials and analysts fear its economy could be left badly bruised. Not only would Taiwanese
      Reuter  -  443 words
    • Article, Illustration
      Lock icon It's showtime
      55 4 Reuter BEIJING A young perfonner, his face painted in a mask, waits his turn with stilt walkers to put on a show at a Beijing park yesterday. Thousands of Chinese, after welcoming in the Lunar New Year, are visiting parks in the capital to watch cultural displays during
      Reuter  -  55 words
    • Article
      Lock icon Beijing rejects US' human rights allegations
      298 4 Reuter BEIJING Beijing yesterday rejected US allegations that human rights conditions in China had not improved in 1994 despite major economic concessions made by President Bill Clinton to prod progress. "The United States has no right to make indiscreet remarks about the internal affairs
      Reuter  -  298 words
    • Article
      HK retailers say profit margins being squeezed by up to 50%
      297 4 HONGKONG Retailers claim that profit margins arc being squeezed by up to 50 per ccnt bccausc of high rents and soaring labour costs, according to a report in South China Morning Post. Besides, four rounds of mortgage-rate rises and
      297 words
    • Article
      Lock icon Package-tour visitors to China rise by 9%, spending up 56%
      346 4 Reuter BEIJING Overseas pack-age-tour visitors to China increased by nearly 9 per cent to 7.6 million in 1994, and spending by people on these trips shot up 56 per cent to US$7.3 billion (S$ 10.5 billion), the official People's Daily
      Reuter  -  346 words
    • CHINA WATCH
      • Article
        Lock icon Satellite launches to be limited
        87 4 Reuter HONGKONG China's satellite launch programme will be prevented from undercutting European competitors under an agreement signed with the United States, the South China Morning Post reported. Beijing's Long March rocket launch programme, which last week saw the China-backed Apstar 2 communications satellite explode soon
        Reuter  -  87 words
      • Article
        Lock icon Cigarettes cause 70% of China's fires
        90 4 AFP HONGKONG Seventy per cent of the fires that break out in China annually are sparked by cigarettes, a report said yesterday. Fires caused by cigarette smoking have cost China 30 billion yuan (555.17 million) a year. In addition, 1.2 million people above the
        AFP  -  90 words
      • Article
        Lock icon Blaze at Shenzhen disco
        73 4 AFP HONGKONG Fire swept through a hotel disco in southern China's Shenzhen city yesterday, forcing more than 400 guests to flee their rooms before dawn, local television reported. No fatalities were reported as the blaze emptied the city centre Shenzhen Lowu Hotel and its third-floor Evening
        AFP  -  73 words
      • Article
        Lock icon Fire sweeps through Taipei suburb
        63 4 Reuter TAIPEI A major fire believed to have been triggered by a gas leak swept through a Taipei suburb yesterday, damaging 76 houses and 16 cars, but no casualties were reported, Taiwan police said. More than 60 fire engines fought the three-hour blaze, believed to
        Reuter  -  63 words
    • Article
      Lock icon HK faces turbulent, crucial year: Beijing magazine
      290 4 AFP HONGKONG Hongkong can expect a turbulent 1995 because of the lack of British cooperation in the territory's handover to China. A Beijing-based monthly magazine. Bauhinia, yesterday said: "It will also be the most important and crucial year for Hongkong." The magazine also
      AFP  -  290 words
    • Article
      Lock icon HK may get 30,000 private apartments over next few years
      381 4 SCMP HONGKONG Hongkong Director of Lands Bob Pope estimates that by the end of the current financial year private sector developers will have acquired enough new land to build an additional 30,000 apartments in Hongkong over the next few years.
      SCMP  -  381 words
    • Article
      Lock icon Carmakers eye China, but what is the typical family car?
      377 4 AP DAVOS. Switzerland China created a sensation in the motor industry last November by inviting 19 world-class carmakers to Beijing for advice on mass-producing a "family car" for the potentially vast Chinese market. But Volkswagen AG, by far the largest
      AP  -  377 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      200 4 ♦1 HAI TIEN LP If the higher you toss, the more prosperous you get, then there is no better place to Lo Hei then at the Hai Tien Lo on the 37th floor. Lo Hei with your choice of abalone, salmon, garoupa or lobster. From $45.00 to $160.00. January 30
      200 words
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  • REST OF ASIA
    • Article
      Lock icon S Korea lifts limits on selected financial transactions
      367 5 Reuter SEOUL South Korea will abolish limits on overseas stock and bond investments by domestic institutions and those on export and import commissions will be abolished on Feb 13. But a schedule for other major elements of a foreign exchange reform plan,
      Reuter  -  367 words
    • Article
      Lock icon Indian government in desperate need of overhaul: survey
      343 5 UPI NEW DELHI A sweeping majority of Indians believe their government system is in desperate need of a makeover, said a poll released yesterday. Although democratically elected, many Indians believe their government and its entrenched bureaucracy fails to reflect the general population.
      UPI  -  343 words
    • Article
      Lock icon Seoul seeks to distance Asian states from Pyongyang for now
      288 5 Reuter AFP SEOUL South Korea, baulking at moves towards closer ties between North Korea and the Philippines, wants Asian nations to keep Pyongyang at arm's length for now. A foreign ministry official yesterday said Seoul wanted Manila to avoid approaching
      Reuter; AFP  -  288 words
    • Article, Illustration
      Lock icon Rao's rival takes the fight to the streets, leads major rally
      404 5 AFP NEW DELHI Dissident leader Arjun Singh has made his first foray into the Indian heartland, leading a rally that turned into a major show of defiance against Prime Minister P V Narasimha Rao's leadership. "Remove Rao, save the
      AFP  -  404 words
    • Article
      Lock icon Karachi banks told to keep special deposit
      134 5 Reuter KARACHI The State Bank of Pakistan (SBP) said yesterday it had directed all commercial hanks to maintain at all times with the central bank a special deposit equivalent to 1.5 per cent of their total time and demand liabilities in Pakistan. "The
      Reuter  -  134 words
    • Article, Illustration
      Lock icon Prayers and fasts
      44 5 Reuter NEW DELHI Indian Muslims praying at New Delhi's walled city's main mosque on the first day of the holy month of Ramadan yesterday. Muslims observe day-long fasts, not drinking or eating from dawn to sunset, during the holy month. Reuter
      Reuter  -  44 words
    • Article
      Lock icon Rebuilding Kobe: boon or bust?
      465 5 Will reconstruction drain Japanese economy or give it a boost? AP TOKYO Experts are divided over whether spending trillions of yen to rebuild earth-quake-shattered Kobe will drain the country's flagging economy or give it a muchneeded boost. As of yesterday morning, the death toll from
      AP  -  465 words
    • ASIA NOTES
      • Article
        Lock icon Seoul's trade deficit drops to US$ 1.1b
        113 5 AP SEOUL South Korea's trade deficit narrowed to US$l.l2 billion (SSI.6 billion) in January from US$l.45 billion a year earlier, thanks to booming exports. Exports surged 29 per cent from a year earlier to US$7.B5 billion, the Ministry of Trade. Industry and Energy
        AP  -  113 words
      • Article
        Lock icon Hawke, lover to tell story for A$ 200,000
        92 5 Reuter SYDNEY Former prime minister Bob Hawke and his latest love, writer Blanche d'Alpuget. have agreed on a near-record fee of A 5200.000 (*****,000) to tell of their life together. The Australian newspaper reported yesterday. Under the deal, which falls A 525.000
        Reuter  -  92 words
      • Article
        Lock icon Pakistani opposition MP re-arrested
        109 5 Reuter ISLAMABAD Pakistani policc re-arrested a former interior minister and prominent opposition parliament member on Wednesday immediately after he was released on bail. Shujaat Hussain. a member of the Senate, was re-arrested for allegedly misusing government loans for farmers, a government official said on Wednesday. He
        Reuter  -  109 words
      • Article
        Lock icon Japan threatens to cut aid to N Korea
        75 5 AP TOKYO Foreign Minister Yohei Kono said yesterday that Japan will suspend financial assistance to North Korea if it fails to disclose details of its past nuclear development projects. US and North Korean negotiators signed a landmark agreement in October, in which
        AP  -  75 words
      • Article
        Lock icon Tokyo team praises Indian reforms
        59 5 Reuter NEW DELHI The leader of a high-powered Japanese business delegation lauded India's economic reforms yesterday but said the country's technology and infrastructure lagged far behind other countries. "The reform process is progressing more steadily than we had heard, said Katsuhiro Utada, vice-chairman of Japan's
        Reuter  -  59 words
    • Article
      Lock icon Keating discounts 'banana republic' deficit threat
      379 5 Bloomberg Business News CANBERRA Australian Prime Minister Paul Keating said yesterday the wide eurrent account deficit did not pose the same economic threat as the 1980s deficit that caused him to issue his celebrated "banana republic" warning. "I think these numbers need to be
      Bloomberg Business News  -  379 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      51 5 Auction: Wednesday Bth March 1995 at 3pm on site Clo*> to Flagstaff Garden?. Victoria Market Melbourne Central Suitable for investors I owner-occupiers and developers Lettable area 5,942m^* 167-173 Franklin St. Melbourne (Corner of Anthony Street) *****88 »«i Im, IS Ma Mac* VOL 9089 Contact: Jim Williams David Ling FOLIO 141
      51 words
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      Page 5 Advertisements Column 2
      49 5 MUNCHEN MONO HQMG BERLIN NEW VOHK a. J Ui T> Our latest model reflects a < THE 1856 STATE-OF-THE-ART X 4/1 o X o or c D r Handmade Since 1856 c x 2 > GOLD l PFEIL i j «/> O m Finest Leathercoods x A c VHfL^ S
      49 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon European prison population swelling
        100 6 AFP STRASBOURG The explosion of the European prison population has alarmed the continent's parliamentarians, who urged on Wednesday that their eountries adopt a poliey of alternative penalties and shorter sentences. The parliamentary assembly of the Council of Europe meeting here was told that the prison population
        AFP  -  100 words
      • Article, Illustration
        Lock icon There lies Alexander the Great
        59 6 Reuter SIWA OASIS, Egypt Liana Souvaltzi. head of the Greek team exploring the Siwa oasis, points to a concealed crypt entrance which leads to what she believes is the tomb of Macedonian warrior Alexander the Great. Until now most historians had thought the grave was
        Reuter  -  59 words
      • Article
        Lock icon Delors optimistic about single currency
        113 6 Reuter PARIS Former European Commission president Jacques Delors said plans for a single European currency have recovered credibility, but they would have to go beyond mere monetary' criteria to win the people's hearts. Mr Delors told French business daily La Tribune scepticism about the European
        Reuter  -  113 words
      • Article
        Lock icon Labour urges new UK banking panel
        105 6 Bloomberg Business News LONDON The UK's Labour Party spokesman Alistair Darling said further developments towards monetary union in the European Union and the establishment of a European Central Bank could make it appropriate to remove the Bank of England's supervisory function and give it
        Bloomberg Business News  -  105 words
    • Article
      Lock icon Arab, Israeli leaders meet to speed up peace process
      485 6 Reuter CAIRO The leaders of Israel and its three Arab peace partners met in Cairo yesterday for a historic summit to speed up the Middle East peace process. Egyptian newspapers called the meeting of the leaders of Israel, Egypt, Jordan and
      Reuter  -  485 words
    • Article, Illustration
      Lock icon Rome? Oh, that-a-way!
      63 6 Reuter LONDON Builders dressed as Roman soldiers standing aside from the construction site at the Guildhall, an old Roman site, here on Wednesday. The event was to launch a new 'Oscars' type awards for the £46 billion (SSIO6 billion) building industry, which will recognise the country's best
      Reuter  -  63 words
    • Article
      Lock icon France seeks EU support to link trade with workers' rights
      360 6 FT LONDON France is to press its EU partners to support a campaign in the World Trade Organisation and other inter-government bodies to link workers' rights and labour standards with the conduct of international trade. Officials in Paris said the
      FT  -  360 words
    • Article
      Lock icon Yeltsin address will reinforce privatisation theme: paper
      167 6 Reuter MOSCOW President Boris Yeltsin will use this month's State of the Union address to stress his commitment to economic and political reforms, nailing his colours firmly to the democratic mast. Izveslia newspaper said. The newspaper said Mr Yeltsin planned to signal his
      Reuter  -  167 words
    • Article
      Sceptical IMF wants Russia to yield more concessions for loan
      389 6  -  From John Helmer in MOSCOW RUSSIAN negotiations with the International Monetary Fund ended this week in Moscow, with the two sides too far apart to agree on a new standby loan. the IMF's chief negotiator. Yusuke Horiguchi, wound up his
      389 words
    • Article
      Lock icon Compaq staff desert high-tech Dutch centre amid flood threat
      297 6 AFP GORINCHEM. Netherlands. As tloodwaters threatened their hi-tech building, the exhausted employees at the European headquarters of US computer giant Compact pulled out all the plugs and quit after a massive operation to save their stock. tight hundred metres away the
      AFP  -  297 words
    • Article
      Lock icon Gephardt calls for code of conduct for US businesses
      328 6 AP WASHINGTON American businesses can compete effectively in the world's markets without slashing the wages and benefits of their workers. House Democratic leader Dick Gephardt, saying Republicans wanted only to help businesses profit, on Wednesday called on companies and workers to
      AP  -  328 words
    • Article
      Lock icon Canada keen to begin talks to bring Chile into Nafta fold
      271 6 Reuter SANTIAGO Canadian officials have signalled they would like to start talks to bring Chile into Nafta earlier than scheduled. maybe as soon as next month. Chilean Finance Minister Eduardo Aninat said on Wednesday. But the treaty's other partners.
      Reuter  -  271 words
    • Article
      Lock icon TCI's plan to buy cable network may be challenged
      287 6 Bloomberg Business News WASHINGTON With a Monday deadline looming, the Federal Trade Commission is trying to sort out conflicting staff recommendations about whether to challenge TeleCommunications Inc's proposed acquisition of cableshopping network QVC Inc. The directors of the agency's anti-trust and
      Bloomberg Business News  -  287 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      284 6 MRliline An SPH AudioTex Service In English Number Your Daily Stars 8450 The Aquarius Woman; Win Prizes! Entertainment News 8451 New: The Latest In Music Scene Ghost Stories 8452 Dog's Eyes; Win Prizes! Children's Funland 8453 Sing A Song Of Six Pence Face Facts: Wealth Region 8454 Dreamland 8455 Depression;
      284 words
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  • ADVERTISING & MARKETING
    • Article
      Lock icon Investment adviser sanctioned by SEC for fraudulent advertising
      371 7 NYT An investment adviser who advertises heavily on financial talk radio programmes has been sanctioned by the Securities and Exchange Commission (SEC) for fraudulent advertising. Peter Bruno and his company, the Wall Street Money Management Group Inc. reached a settlement with the
      NYT  -  371 words
    • Article, Illustration
      Magic moments in the air
      131 7 BOEING has launched a promotion aimed at boosting business for its airline customers. The 'Magic of Flight" captures important moments in people's lives made possible by international air travel. Advertisements will be placed in 85 business and news publications in 125 countries and 10 languages.
      131 words
    • Article
      Lock icon Benetton slapped with damages over Aids adverts
      144 7 Reuter A PARIS court has ordered Italian clothing giant Benetton to pay damages to Aids-infected plaintiffs over an ad campaign showing parts of the human body tattooed with the sign "HIV positive". The court said on Wednesday that showing bare human flesh with
      Reuter  -  144 words
    • Article
      Lock icon US Appeals Court upholds ban on unsolicited fax ads
      175 7 Bloomberg Business News AN AMERICAN congressional ban on unsolicited advertisements sent on fax machines, whether from the Girl Scouts or a multinational corporation, does not violate the First Amendment, a federal appeals court has ruled. The 9th US Circuit Court of
      Bloomberg Business News  -  175 words
    • Article
      Lock icon Super Bowl commercials ad up to a hot cyberspace topic
      614 7 NYT The commercials that ran during Super Bowl XXIX have been critiqued by everyone from advertising experts to agency executives to David Letterman, who spoofed them with a mock Late Show spot in which he stuffed his mouth with Doritos
      NYT  -  614 words
  • SPORTS
    • Article, Illustration
      Lock icon Tennis queen Mary Pierce is 20, independent and proud
      668 7  -  By Harvey Araton NYT NEW YORK The newspaper in Jim Pierce's condominium told him everything he needed, or wanted, to know. It told him his daughter realised that he'd given her something forever, and good. "Mary said it right here in
      NYT  -  668 words
    • Article, Illustration
      Lock icon Weather wreaks havoc on Pebble Beach
      489 7  -  Golf By Larry Dorman NY I PEBBLE BEACH, California Almost every year since 1947, when Bing Crosby first moved his tournament to the Monterey Peninsula, there has been some kind of weather obstacle to overcome. Rain. Snow. Sleet. Howling winds that blew golf balls
      NY I  -  489 words
    • Article, Illustration
      Lock icon Dinosaurs in the NBA court
      57 7 Reuter TORONTO Toronto Raptors' general manager Isiah Thomas with seventh graders (equivalent to Singapore's Sec 1) Everol Bennet (left) and Daphne I ran as they modelled the NBA team's home and away uniforms on Wednesday. The Raptors will begin play with the National Basketball Association
      Reuter  -  57 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon American Football
        130 7 Reuter AFP W ASHING lON The National football League will soon begin internal discussions on the feasibility of changing its play-off format, the II 'ashingum Post reported yesterday. The paper said the NFL had been spurred into the discussions by the lopsided victory by the National Football Conference's
        Reuter; AFP  -  130 words
      • Article, Illustration
        Lock icon Basketball
        75 7 AP NEW \ORK on Wednes- >: IS™' 98 Dc,roit 7 5: New Jersey 95 Milwaukee 77; Minnesota 83 Dallas 104; Atlanta 111 Golden State 99; Indiana 101 2 ton 93 Charlotte il l MM? 98 Washington 89. Utah 1.9 Denver 88; Phoenix 118 LA Lakers 109: Portland 107 San
        AP  -  75 words
      • Article, Illustration
        Lock icon Cricket
        100 7 AFP CHRIS I CHURCH New Zealand cricket is in chaos as the national side prepares to take on West Indies to mark I 0() years of the sport in the country. Three NZ team members are still under a cloud after being caught taking cannabis. another top boiler has
        AFP  -  100 words
      • Article, Illustration
        Golf
        87 7 NEW YORK World rankings through Jan 30: I Nick Price (Zim) 21.72 pis 2 Greg Norman (Aust) 20 3 Nick Faldo (Fng) 16.53 4 Fred C ouples (US) 15.35 5 Jose Maria Olazabal (Spn) 15.1 X 6 Bernhard l-anger (Ger) 15.08 7 Emic Fls (SA) 14.85 8 Colin Montgomery
        87 words
      • Article, Illustration
        Lock icon Motor-racing
        29 7 Reuter TOKYO Last month's devastating earthquake in central Japan has forced the indefinite postponement of a Pacific Cirand Prix Formula One race scheduled for mid-April, organisers said yesterday.
        Reuter  -  29 words
      • Article, Illustration
        Tennis
        80 7 TOKYO I *****.250 loni> Pan Pacific Open 2nd rd yesterday: Vlary Pierce (Fra x 2) b Kyoko Nagatsuka (Jpn) 6-4 6-(); Lindsay Davenport (US x 3) h Mana Endo (Jpn) 6-2 6-L Magdalena Malecva (Bui x 7) b Anna Smashnova (Isr) w/o (Smashnova injured): Anke tluber (Ger x 6)
        80 words
      • Article, Illustration
        Yachting
        19 7 SAN DIKGO America's Cup challenger and defender races were postponed on Wednesday because of a lack of wind.
        19 words
    • Article
      Lock icon Three key NBA players passed over for All-Star Game
      334 7 AFP PHOENIX. Arizona Dikembe Mutombo. Clyde Drexler and Dominique Wilkins never realised they were no longer among the best players in the National Basketball Association (NBA). But their latest snubs have driven the point home, rendering the stars upset and determined
      AFP  -  334 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      1225 8 P'tM Nothing where to wine, dine and entertain PE^OF BK II F1 fi Fi Wi HI P To our valued customers ■ITEnPTWTTJJTTITTTWTiPIM 111 L I "v 1 L 1 H i W I 4 .1 Join us, at PASTA FRESCA to usher in a pp hm New Year of Happiness
      1,225 words
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      Page 8 Advertisements Column 2
      305 8 Toss lb Prosperity Start the Year of the Golden Pig with Pine Court's Prosperity Yu Shcng. Partake in the ceremonial tossing of raw fish salad for a year of abundance, good health and prosperity. For reservations, please call 831 6262/6. rfstmjrant ss- mm 333 Orchard Rn*i, Smgapore 0923 Td 737
      305 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Trials and tribulations
      736 9  -  Critically acclaimed film director Zhang Yimou shares his woes with Andrew Browne Andrew Browne Reuter ZHANG Yimou is back making another movie, this one set in Shanghai in the roaring 1930s and starring Gong Li, his frequent leading lady and close companion, as a gangster's moll. He's
      Reuter  -  736 words
    • Article, Illustration
      Lock icon Broadway's George Abbott dies
      310 9 CHATTERBOX Reuter AP AP GEORGE ABBOTT, Broadway playwright, director and producer, died on Tuesday night at age 107, CBS television reported on Wednesday. CBS Morning News said that Abbott suffered a stroke in his Miami Beach home. His career spanned 80 years and 125 plays, including
      Reuter; AP  -  310 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      237 9 WHERE TO WINE, DINE AND ENTERTAIN (Eaintljill j§teafe Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1150+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 Shima's Vakiniku CoorfwodPukHold ERVE( j AT
      237 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      448 9 Singapore: w J. a-- xcas-orj wssi"ft sr «VU» Cm*. Emu fUUT tmL BuenoeMae 28/16 Stows AucMand 34/16 Cloudy Amsterdam 09 04 Showers Chicago 08/ -6 Cloud* Bangk* 34/22 Sunday Athens 14/06 Showers Honolulu 27/18 Cloudy Be*m 02/9 Cloudy Bef*n 03/03 Shower Houston 20/07 ™~-ty Bomoay 33/18 Cloudy Bonn 08/01 Stouten
      448 words
    • Miscellaneous
      Page 9 Miscellaneous Column 2
      638 9 I TV RADIO Heatwave, Cable dramatisation of the Watts the *****. Blair Underwood plays Robert Rich- Ajfl ardson. an employee with the J&- Ml LA Times who gets a shot at H Ami w.' l 9 wH reporting when not white jour- 3. t jwg nalists can enter the Watts
      638 words
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  • Article
    The Philippine comeback
    532 10 EDITORIAL IF ANYBODY were to ask which Asian economy has made the most significant turnaround in the last two years, the answer would have to be the Philippines. When President Fidel Ramos took charge in November 1992 after winning less than one quarter of the popular vote
    532 words
  • WHAT THE OTHERS SAY
    • Article
      Asia beckons to Europe
      234 10 PRIME MINISTER Goh Chok Tong's announcement at the World Economic Forum's meeting in Davos that the first summit of European and Asian leaders was possible in 10 to 16 months was a reassuring one. As he had noted at a conference organised by the same forum
      234 words
    • Article
      More focused, more attractive
      177 10 THE ATTEMPT by the Coordinating Council for Malay Activities Groups at community centres and community clubs to improve the quality of their activities is important in two ways. First, the nine community centres that have been chosen to concentrate in promoting certain activities would be able
      177 words
    • Article
      Balance tradition and change
      136 10 FOR THE CELEBRATION of traditional festivals to pass on from one generation to the next, it cannot remain an activity valued only by the older folks. There will, however, always be differing views as to what traditions to preserve, how to retain the desirable and discard
      136 words
    • Article
      Investigate further
      91 10 EXACTLY two years ago, villagers among the remote mountains of south-west China were organised into search parties to recover the debris from the ill-fated Optus B2 satellite, which had been lost in space shortly after its launch. The fault was thought to be linked to a malfunction in
      91 words
    • Article
      Lacking sensitivity
      147 10 THE government's ability to miss the point of its own most controversial policies never ceases to amaze. Here is an administration at loggerheads with China over its principled refusal to hand over personal files on senior civil servants, ostensibly because to do so would be an infringement of
      147 words
  • Article
    Why Peso Shield flopped and Desert Shield worked
    1199 10  -  Leon Hadar says the US$2O billion financial aid package for Mexico extended by President Bill Clinton may just be the last such loan of'the lender of last resort' Leon Hadar The writer is BT's Washington Correspondent Many pundits compare the role that
    1,199 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      102 10 vejjl n\e. f\eaor tau. F\Rs,T cross Ms/ toOUJ, MRS. PußDie..... LOOK X G TV*^JS«t pua_-me.se. TepvL€Aves...?) \6fncx W rnonef....J gePP MY FoRTQNe. fog v #41 C AHOCIATtO MCWOAKM LTD, WMW 93*>a POONESBURY GARRY TRUDEAU WHAT?... NO! NO WAY!I H JUSTCHECKJN6IN... HII M* SENT OUT HERETO I JUST CHEAPANPPEGRAP' I BAP
      102 words
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  • ANALYSIS
    • Article, Illustration
      More high inflation and high growth for China
      3137 11  -  Discussing the outlook for the Chinese economy this year, Yang Mu and Karen Voon trace the growth of inflation along with GDP and investment. They find a difficult operating environment which, nevertheless, still offers opportunities for astute foreign investors Yang Mu and
      3,137 words
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  • Article
    Bank of England follows Fed lead, lifts rate to 6.75%
    426 12  -  From Neil Behrmann in LONDON THE Bank of England took its cue from the US Federal Reserve Board and raised its key minimum lending rate to 6.75 per cent from 6.25 per cent yesterday, a move that was widely expected.
    426 words
  • Article, Illustration
    Lock icon Keating defies loggers9 blockade
    81 12 Keating defies loggers 9 blockade Reuter CANBERRA Thousands of angry loggers sitting in formation, spelling out the word "timber", as they laid siege to the Australian parliament yesterday. Protesters blocked entrances to the building with huge trucks and provoking a defiant prime minister to defend forest-industry restrictions. Prime Minister Paul
    Reuter  -  81 words
  • Article
    Lock icon Wellcome fires earnings salvo against Glaxo
    262 12 AP LONDON Wellcome pic, gathering ammunition in its defence against a hostile takeover bid from rival Glaxo pic, took the unusual step yesterday of issuing an early earnings statement that showed a healthy rise in revenues and profits. Analysts said the big drugmaker's revenues,
    AP  -  262 words
  • Article
    Lock icon IMF approves US$ 17.8b credit for Mexico
    304 12 AFP Reuter WASHINGTON The International Monetary Fund has approved a record USSI7.B billion (5525.8 billion) credit line to help Mexico overcome its financial crisis. The IMF credits, approved late Wednesday, were part of a US$5O billion US-led rescue plan for Mexico announced on
    AFP; Reuter  -  304 words
  • Article
    Lock icon Murdoch's BSkyB links up with Reuters to form global TV news alliance
    511 12 Reuter LONDON British Sky Broadcasting Group pic, the satellite offshoot of Rupert Murdoch's global media empire, said yesterday it had formed a television news alliance with global news and information group Reuters Holdings pic. The long-awaited pact, the
    Reuter  -  511 words
  • Article
    Lock icon Salomon posts US$ 122m losses for fourth quarter
    447 12 Bloomberg Business News NEW YORK Salomon Inc. battered by rising interest rates and charges for "unreconciled balances," yesterday said it lost US$l22 million (S$ 177 million) in the fourth quarter, capping its first unprofitable year since going public in 1981. The securities
    Bloomberg Business News  -  447 words
  • Article, Illustration
    Room for just one more Fed funds rate rise this year?
    997 12  -  The Bottom Line ALVIN TAY ALVIN TAY The writer is BT's news editor THE United States Federal Reserve, probably the world's most watched central bank, on Wednesday gave regional stock market investors the hong Ihj<> most had expected a
    997 words
  • Article
    Lock icon Boeing to axe 7,000 jobs this year due to postponed deliveries
    298 12 Reuter SEATTLE Boeing Co said yesterday it expects to cut 7,000 jobs this year because it is curtailing production of its 737 and 767 jetliners to accommodate deferred deliveries to several airlines. "These job reductions are higher than we
    Reuter  -  298 words
  • Article
    Lock icon US jobless claims up slightly last week
    317 12 Bloomberg Business News WASHINGTON The number of Americans filing new unemployment claims rose slightly last week as labour markets remained strong. Labor Department figures showed yesterday. First-time jobless claims rose by 1,000 to a seasonally adjusted 326,000 last week. In the previous week,
    Bloomberg Business News  -  317 words
  • Page 12 Advertisements
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  • COMPANIES & MARKETS
    • Article
      Goldman Sachs sees value in S'pore stocks despite rate rises
      500 13  -  By R Sivanithy SINGAPORE Although US interest rates are expected to continue to rise in the first half of this year and again next year, US investment house Goldman Sachs says it believes Singapore stocks now offer good value. And
      500 words
    • Article, Illustration
      Lock icon Creative shares fall 6% as market grows wary
      322 13  -  By Joseph Rajendran SINGAPORE Shares in Creative Technology, whose second quarter results are due on Friday night in the US, fell 6 per cent to $18.30 yesterday. The stock fluctuated between $18 and $19.20 apiece on volume of 76,600 shares. In the
      Source: Bloomberg  -  322 words
    • Article
      Lock icon SIA expected to post strong profits after four-year drought
      444 13 Reuter SINGAPORE Singapore Airlines Ltd, one of the world's most profitable carriers, is heading for clearer skies on improved traffic growth, more regional joint ventures and tight cost control, industry analysts said. They said after four years of relatively sluggish performance,
      Reuter  -  444 words
    • Article
      New strategies needed for future IPOs
      871 13  -  HOCK LOCK SIEW By Ven Sreenivasan SINGAPORE With this year's first initial public offering (IPO) a flop with investors, the signs do not bode well for other companies looking to the market for capital. The poor reception that compact discmaker SM Summit Holdings received
      871 words
    • Article
      KLSE warns members about fraudulent share certificates
      270 13  -  By Corinne Kerk SINGAPORE The Kuala Lumpur Stock Exchange (KLSE) has advised its members to be more vigilant in the checking of share certificates after 13 fraudulent certificates were discovered recently. The exchange said in a circular dated Jan 26 that the 13
      270 words
    • Article
      Lock icon SAE to double profit by end-1997, says Schroders
      163 13 Reuter SINGAPORE Singapore Automotive Engineering (SAE) is expected to double its net profit to $21 million by the financial year ending Dec 31, 1997, Schroders Securities said yesterday. Its performance is seen boosted by contracts to upgrade and refurbish military transport vehicles
      Reuter  -  163 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        46 13 Firm Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance, Baring, Daiwa, Fraser, GK Goh, Kay Hian, Morgan Grenfell, OngCo, Nomura, Phillip, Smith New Court, Wl Carr and SG Warburg.
        46 words
      • Article, Illustration
        HOT STOCK
        119 13  -  -By Quak Hiang Whai PROMET continued its rebound yesterday with another 11-cent rise to $1.33. The rebound in the last few sessions has, however, sent its daily RSI and stochastics into the overbought region, meaning its upside for the time being could be capped soon and a consolidation
        119 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Haw Par director resigns
          47 14 SINGAPORE Haw Par Brothers International Ltd yesterday announeed that Peter Ngo Gim Kang had resigned as director from Jan 31. I his follows the company's earlier announcement on Dec 8. 1994 that Mr Ngo was resigning as group managing director of Haw Par.
          47 words
        • Article
          Econ names CEO, managing director
          56 14 SINGAPORE Econ International Ltd yesterday announced that it had appointed Chew Tiong Kheng as deputy chairman and chief executive officer. It also appointed Joseph Sin Kam Choi as managing director. Mr Chew was previously Econ International's managing director, while Mr Sin was executive director. The
          56 words
        • Article
          Seagate to acquire Santa Clara firm
          77 14 SINGAPORE Seagate Technology has signed a definitive agreement to acquire California-based Network Computing Inc (NCI) for an undisclosed sum, Seagate said in a statement in Singapore yesterday. Privately-held NCI in Santa Clara is a leading developer of network management software products for Novell Netware
          77 words
        • Article
          JC-MPH launches rights issue
          121 14 SINGAPORE Jack Chia-MPH Ltd yesterday launched its renounceable rights issue comprising $72.7 million of 3.5 per cent unsecured bonds due 2000, with 48.4 million detachable warrants, to subscribe to 48.4 million new ordinaiy $1 shares in the company. The basis for allocation is $3 principal amount
          121 words
        • Article
          Lock icon Nomura confirms London job cuts
          75 14 Reuter LONDON Nomura International, the European unit of Nomura Securities Co Ltd, confirmed it has cut its London equities staff by 16, which includes six of its 10 UK equities salesmen and seven analysts. A spokesman said the reason behind the move was "cost cutting",
          Reuter  -  75 words
        • Article
          Lock icon Sanyo Securities gets insurers' loans
          89 14 Reuter TOKYO Nine Japanese life insurers have provided a total of 20 billion yen in subordinated loans to Sanyo Securities Co Ltd, a Sanyo spokesman said. "We had asked life insurers to extend subordinated loans since last year, and the loans have been provided," he
          Reuter  -  89 words
        • Article
          Lock icon KLM lifts 3rd qtr profit five-fold
          57 14 Bloomberg Business News AMSTERDAM KLM Royal Dutch Airlines' third-quarter net profit rose more than five-fold because traffic increased and its fleet was used more efficiently. In the October-December period, KLM earned 83 million guilders (SsBo million) compared with 15 million guilders a year earlier.
          Bloomberg Business News  -  57 words
      • Article
        Untitled
        924 14 Payment Ex Books Pay 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
        924 words
      • Article
        KL-listed MCSB sets up two computer firms in S'pore
        348 14  -  By Joseph Rajendran SINGAPORE Malaysialisted MCSB Systems has set up two new computer firms under its Singapore investment holding company. The Singapore firm, MCSB Systems Singapore, has set up MCSB Consulting and Supercomputers Asia Marketing Corp, both led by group managing
        348 words
      • Article
        Lock icon M'sian corporate earnings last year stronger than expected
        597 14 NST KUALA LUMPUR Malaysian corporate earnings surpassed all expectations last year, registering an increase of 29.5 per cent over earnings in 1993. Many analysts had predicted a growth of about 20 per cent for 1994. The robust growth in corporate earnings also
        NST  -  597 words
      • Article
        Lock icon Shinawatra company wins 10b baht phone directory contract
        292 14 Bloomberg Business News BANGKOK International Broadcasting Corp pic (IBC) said its subsidiary, Shinawatra Directories Co, signed an agreement with a government company for rights to publish Thailand's telephone directories. IBC announced the 10-year agreement in a report to the Stock Exchange of
        Bloomberg Business News  -  292 words
      • Article
        Lock icon Pegi set to post big pre-tax profit if takeover proceeds
        254 14 NST KUALA LUMPUR Pegi Malaysia Bhd has projcctcd a significant increase in group pre-tax profit, after minority interest, to M 520.94 million (SSI 1.9 million) for the year ending March 31, after the proposed takeover of Kin Khoon Co Sdn
        NST  -  254 words
      • Article, Illustration
        Lock icon News Corp shares soar on peace hopes in newspaper price war
        524 14 AFP SYDNEY Shares in media magnate Rupert Murdoch's News Corp soared yesterday on speculation that an expensive newspaper price war in Britain may be about to end. The Adelaide-based media group's stock jumped 15 cents on Wednesday to close
        AFP  -  524 words
      • Article
        Lock icon Philippine steel giant to go public
        174 14 AFP MANILA Debt-saddled National Steel Corp, the Philippines' largest steel maker, said yesterday it would go public as part of a deal allowing Wing Tiek Holdings Bhd of Malaysia to acquire the firm. National Steel told the Securities and Exchange Commission (SEC) it would
        AFP  -  174 words
      • Article
        Lock icon Aussie body to block oil refiners9 merger plan
        400 14 Aussie body to block oil refiners 9 merger plan Reuter SYDNEY A plan to merge two Australian oil refiners and marketers to create the country's second largest petroleum company was dealt a blow on Wednesday when an anti-mo-nopolies agency indicated it would block the deal. The Trade Practices Commission (TPC)
        Reuter  -  400 words
      • Article
        Lock icon CSR gets good long-term rating from broker
        274 14 Reuter MELBOURNE Stockbroker JB Were and Son yesterday said it rated CSR Ltd a buy and believed the company had the potential to outperform the broader share market over the medium to longer term. Its strong free cash flow and low financial gearing
        Reuter  -  274 words
      • Article
        Lock icon Citic (A) aims to double revenue
        362 14 Reuter MELBOURNE China's state-owned Citic Australia Ltd aims to more than double revenue by the year 2000 through further expansion of its resource and primary industry interests, managing director Zhang Jijing said. He said the group saw scope for its planned minerals arm Portman
        Reuter  -  362 words
      • Article
        Lock icon London banks face inquiry into underwriting system, fees
        367 15 FT LONDON The UK Office of Fair Trading is planning to refer the whole system of equity capital raising in London to the Monopolies and Mergers Commission. Bryan Carsberg, directorgeneral of fair trading, wants the commission to examine whether fees for underwriting
        FT  -  367 words
      • Article
        Lock icon Cox merger to take US$ 1.6b of Times Mirror Ist qtr gain
        255 15 Bloomberg Business News LOS ANGELES Times Mirror Co said it completed the US$2.3 billion (553.33 billion) merger of its cable-televi-sion operations with Cox Communications Inc. and said it would take a US$l.6 billion first-quarter gain for the transaction.
        Bloomberg Business News  -  255 words
      • Article
        Lock icon More Russian regional brokers' bodies set up
        193 15 Reuter MOSCOW Three more regional brokers associations have been set up in the Russian share trading centres of St Petersburg, Novosibirsk and Yekaterinburg as part of plans to link Russian brokers in a Nasdaq-style network. They follow the creation of Russia's first brokers
        Reuter  -  193 words
      • Article
        Lock icon UK-listed Fortune Oil targets south China
        724 15 MARKET WATCH Reuter HONGKONG As China fast approaches becoming the world's largest car market. Fortune Oil pic is hoping its red lion logo will become the Holy Grail for drivers on the clogged roads of the country's south. The London-listed oil trading group aims
        Reuter  -  724 words
      • Article, Illustration
        Lock icon Hanson CEO silent on talk of bid for Costain
        179 15 Reuter LONDON Hanson pic group chief executive Derek Bonham said he could not comment on a market rumour that Hanson was preparing to make a bid for mining and construction firm Costain Group pic, in keeping with company policy. "It's not
        Reuter  -  179 words
      • Article
        Lock icon Troubles in financial markets take shine off Paribas profits
        428 15 Reuter PARIS French holding company Groupe Paribas said on Wednesday its net attributable profits rose by 17 per cent in 1994. though difficult conditions in financial markets took some of the shine off its results. It said net profit rose to
        Reuter  -  428 words
      • Article
        Lock icon Productivity gains help Total lift profits by 15%
        191 15 FT PARIS Total, the French oil and chemicals group, overcame depressed market conditions to raise net profits by 15 per cent to 3.4 billion francs (***** million) last year. Chairman Serge Tchuruk on Wednesday described the result as "honourable, if not satisfactory
        FT  -  191 words
      • Article
        Lock icon Texas Instruments, TCSI tie up to develop chipset
        149 15 Bloomberg Business News BERKELEY, California Texas Instruments Inc and telecommunications software company TCSI Corp have formed an alliance to develop and license a chipset for the digital cellular market in the US, Texas Instruments said. Texas Instruments, a leading producer of semiconductors,
        Bloomberg Business News  -  149 words
      • COMPANY BRIEFS
        • Article
          Lock icon HK Telecom details earnings
          129 15 Bloomberg Business News HONGKONG Hongkong Telecommunications, disclosing a breakdown of its earnings for the first time, yesterday said its international business posted a return on capital of 74.7 per cent in the year ended March 1994, three times that of its local service. 1 he South
          Bloomberg Business News  -  129 words
        • Article
          Lock icon IBM subsidiary buys Chrysler unit
          97 15 Bloomberg Business News STAMFORD, Connecticut International Business Machines Corp yesterday said its credit subsidiary had agreed to acquire Chrysler Systems Inc from Chrysler Corp. Terms were not disclosed. "We're purchasing Chrysler Systems to expand on the programs we currently offer customers," said James Forese, chairman
          Bloomberg Business News  -  97 words
        • Article
          Lock icon Samsung countersues Nintendo
          64 15 Bloomberg Business News SEATTLE Samsung Electronics Co yesterday filed a countersuit against Nintendo Co, alleging that the Japanese video-game maker defamed Samsung's name when it accused it of selling counterfeit parts for pirated video games. The suit, filed in US District Court in Seattle, denies that Samsung
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Arvind Mills to cut workforce
          128 15 Bloomberg Business News BOMBAY Arvind Mills Ltd, the third-largest producer of denim worldwide, plans to stop making low-value textiles and lay off workers so it can dominate the market in more profitable products like denim. The Economic Times yesterday said the company was negotiating with
          Bloomberg Business News  -  128 words
        • Article
          Lock icon EMC 4th-qtr net up 66%
          131 15 Bloomberg Business News HOPKINGTON, Massachusetts EMC Corp, citing robust demand, yesterday reported a 66 per cent jump in net income for the fourth quarter on a 73 per cent sales increase. Stock of the maker of computer storage devices fell, however, as its gross margin
          Bloomberg Business News  -  131 words
      • Article
        Lock icon US steelmaker Armco makes its first annual earnings since 1989
        400 15 Bloomberg Business News PITTSBURGH Armco Inc, aided by rising demand for flat-rolled specialty steel, rebounded to a slender fourthquarter profit from a year-ear-lier loss and its first annual profit since 1989. The Pittsburgh-based maker of stainless and electrical steel posted
        Bloomberg Business News  -  400 words
    • FINANCE & COMMODITIES
      • Article
        January trade gives Simex record number of contracts
        346 16  -  By Shiv Taneja SINGAPORE Heavy trading at the Singapore International Monetary Exchange Ltd during the first few weeks of 1995 pushed the exchange to a record number of contracts traded. In January, Simex's daily average volume leapt to 118,358 contracts, surpassing the
        346 words
      • Article
        Base metal prices plunge, ending spectacular boom cycle
        433 16  -  From Neil Behrmann in LONDON IS THE remarkable base metals boom over? Several London and US analysts contend that remaining guests at the party are rapidly making their way to the exit. Base metals plunged in active trade this week as fund
        433 words
      • Article
        Lock icon Increased premiums lift USF&G 4th qtr
        213 16 Bloomberg Business News BALTIMORE USF&G Corp said fourth-quarter profits excluding losses from investment sales rose 28 per cent on increased premiums. The property and casualty insurer said profit from operations rose to US$37 million (5553.6 million), or 30 US cents a share, from US$29
        Bloomberg Business News  -  213 words
      • SMALL CHANGE
        • Article
          Lock icon Commerzbank launches new bond
          79 16 Reuter FRANKFURT Commerzbank AG is launching a novel new bond for Germany, the country's first floating rate paper whose coupons are fixed annually to an index of 10-year bonds. Corex, a reaction to the disappointing developments on the German capital market last year, combines the relative
          Reuter  -  79 words
        • Article
          Lock icon Daiwa Investment to absorb Cosmo unit
          84 16 Bloomberg Business News TOKYO Daiwa Bank's investment subsidiary will absorb its counterpart at Cosmo Securities in April. The merged subsidiaries Cosmo Capital Management Ltd and Daiwa Investment Management Ltd will be called D and C Capital Management Co Ltd. Daiwa Investment officials said the
          Bloomberg Business News  -  84 words
        • Article
          Lock icon Bank America completes Arbor purchase
          65 16 Reuter SAN FRANCISCO Bank America Corp has completed its acquisition of Arbor National Holdings Inc, based in Uniondale, New York, with an exchange of common stock. Under the terms of the agreement, each share of Arbor National common stock outstanding on the merger date will
          Reuter  -  65 words
      • Article, Illustration
        Lock icon African rubber producers seek quality control programme
        327 16 Reuter ABIDJAN Natural rubber producers in Africa, anxious to improve the image of their product on world markets, are to ask their governments to help set up a quality control programme complete with an African quality mark. The Natural Rubber Professional Association of
        Reuter  -  327 words
      • Article
        Lock icon Indian coffee growers reject 50% pooling, want end to controls
        245 16 Reuter BANGALORE, India Indian coffee growers, demanding a complete end to marketing controls, have decided to resist a mandatory handover of half their produce to the state-spon-sored Coffee Board, planters said on Wednesday. Industry analysts said the delay in lifting
        Reuter  -  245 words
      • Article
        Lock icon Bank crisis in Venezuela claims 3 more victims
        357 16 Reuter CARACAS, Venezuela Venezuela's year-old financial crisis claimed new victims on Wednesday when the state took over three more struggling banks. The announcement by the Emergency Financial Board (JEF) in the middle of the night brought to 16 the number of banks
        Reuter  -  357 words
      • Article
        New Jersey rejects new grade of petrol
        309 16 Atoomfttrg ENERGY REfoRT LONDON Oil futures fell on both sides of the Atlantic after the state of New Jersey announced its withdrawal from the US federal reformulated (RFG) gasoline programme. Brent crude in London reversed a three-day gain as petrol futures tumbled amid
        309 words
      • Article
        Lock icon New York
        102 16 AFP NEW YORK The dollar was steady in calm early Wall Street trading yesterday the day after the Federal Reserve again raised interest rates. "The dollar is a little bit weak on the mark, but it has good support at 1.5150," said a banker. The ounce of gold
        AFP  -  102 words
      • Article
        Lock icon Currency Report: London
        196 16 Reuter LONDON The Federal Reserve's half point interest rate rise failed to spark any signs of life in the dollar which spent the European morning stuck in less than a half pfennig range. The Federal Open Market Committee decided to raise both the Federal funds and discount
        Reuter  -  196 words
      • Article, Illustration
        Untitled
        1608 16 rode »etfilled index ivUulaieil axainsl Spore's top 14 trading partners Base year. IW US$/S$ forward rates Noon /feb 2 ss Bid Offer 1-month 1.4470 1.4485 2-month ***** 1.4433 3-month 1.4412 1.4427 6-month ***** 1.4354 Source: OCBC FOREIGN CURRENCY NOTE RATES As at Sam mi Fefc 2 Singapore dollars to one
        1,608 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars steady, Euroyen lower
        1353 17 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars were steady and Euroyen futures lower at the close. Dealers said there was some buying of Eurodollars in the afternoon session when European participants came in. I he market was sold off sharply overnight in Chicago after the Federk cserve
        Reuter  -  1,353 words
      • Article
        S'pore rubber futures close higher
        356 17 COMMODITY REPORTS Rubber SINGAPORE: Rubber futures closed higher across the board in line with higher Japanese rubber prices, brokers said. "The morning session was quite featureless on lack of players but prices picked up slightly in the afternoon in line with higher prices in Tokyo
        356 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Australia plans wool campaign in US
          68 17 SYDNEY The International Wool Secretariat will launch aAS 15 million (SS 16.5 million) campaign in the US later this year to boost wool consumption. IWS said US net domestic consumption of wool per person is about 0.5 kg per year, about halt to a
          68 words
        • Article
          BHP denies closing India office
          91 17 MELBOURNE Australia's BHP Petroleum, a leading oil and natural gas exploration company, yesterday denied reports in an Indian newspaper that it is closing its Slew Delhi office. The Economic limes newspaper said yesterday that the multinational company is planning to shut down its India operations
          91 words
        • Article
          India warns dairy producers
          104 17 NEW DELHI The Indian government has warned two dairy producers that it will prosecute them if they breach a regulation that prohibits big companies from producing and marketing ice cream, the Economic Times newspaper said yesterday The government issued a notice to Brooke Bond Lipton. an
          104 words
        • Article
          Japan signs LPG pact with M'sia
          91 17 TOKYO Japan's Iwatani International announced that it has renewed its liquefied petroleum gas term purchase contract with Malaysia's Petronas Trading Corp (Petco) for an annual 120.000 tonnes, up a sharp 380 per cent from last year's 25,000 tonnes. This is part of the company's
          91 words
        • Article
          Mitsui Mining lowers zinc price
          45 17 TOKYO Japan's Mitsui Mining and Smelting said it has decreased its domestic sales price of refined zinc by 7.000 yen (SSIO2) per tonne to 152.000 yen. effective on Wednesday. Mitsui is the recognised price leader for Japan's domestic zinc market.
          45 words
        • Article
          Sugar supply little affected by quake
          83 17 TOKYO The big earthquake that rocked western Japan more than two weeks ago will have limited effect on Japan's supply of refined sugar as the region struggles to get its internal delivery system in order. Some Japanese trade sources say end-users will continue to
          83 words
        • Article
          High aluminium price favours Japan
          121 17 TOKYO Japanese rolled aluminium makers have so far been unable to pass on to their customers all of the increase in worldwide aluminium prices seen in the past year due in part to tough competition from US mills, according to industry sources. But recent sharp
          121 words
    • Article
      COMMODITY PRICES
      1500 17 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) ("lose Volume Open Month High Low Sett (tonnes) Interest Mar 95 I I 262.00 I 850 Apr 261.00 261.00 263.50 50 3400 May 261.00 ***** 263.50 50 3750 Jun 261.00 261 00 263.50 50
      1,500 words
    • REGIONAL STOCK MARKETS
      • Article
        Untitled
        472 18 Taipei J" 26 i$ TTMl Sincere Ind 2 70 unch 104* Asia C emeni 54 00 0 50 2867 CatlMvConsir 4150 unch 2180 C athas Life Ins ***** -100 2718 hang Hwa Bank 170 00 2.00 3233 JJenf.Loo* 41 20 0 SO 7827 CTtia Hsin cmrnl 38 40 0 40
        472 words
      • Article
        Australia
        1073 18 +23.4 SHARES rallied yesterday as brokers reported a 50 basis point interest rate hike in the US had erased market uncertainty and lifted confidence. The All Ordinaries Index closed at 1,856.5 points, up 23.4. The All Industrials Index climbed 40.9 to 2,756.4 and the All Resources Index gained 9.8
        1,073 words
      • Article
        Manila
        661 18 -19.10 Caution prevailed yesterday as share prices fell by 0.77 per cent despite the upturn in other foreign markets. The 30-share PSE Index fell 19.1 points to close at 2,457.79. Turnover was 2.74 billion shares valued at 930.7 million pesos. An analyst said there was a cautious stance in
        661 words
      • Article
        Seoul
        545 18 17.79 Share prices jumped for the second consecutive trading day on strong blue chip rallies, led by government market-boosting measures, brokers said. The Composite Price Index rose 17.79 points after adding 18.51 on the last trading day on Saturday, closing out at 94J.36. But turnover was slim with only
        545 words
      • Article
        New Zealand
        306 18 11.03 Shares rose after Fletcher Challenge said its Canadian subsidiary reached a tentative settlement with unions in a sixweek strike. The company said if union members ratify the agreement, three affected mills could resume operating early next week. "It's always good news when everything's back to normal again."
        306 words
      • Article
        Bombay
        109 18 +25.03 Late buying orders by local mutual funds saw share prices staging a rally to end higher after opening lower on local investor selling. The 30-share BSE Index closed 25.03 points higher at 3.594.69. The broader 100-share National Index, however, slipped 0.68, retlecting a weak trend in group B
        109 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        710 18 Britannia Funds Mtrliag Cash Bid Offer Mini <ap Orpusil )8 MOO )8 6500 Mim Jcrso (iilt 0 184) OIW Mini Mat Income *0 4000 *o 4«J0 l'S$ Cask Income Plus I und 4 (.'00 10 1400 PS I Rnerte Fund 5 WOO VJWO Sterling Fquits Euro Performance 0 4542 0
        710 words
      • Article
        London
        672 18 17.4 SHARES of UK blue chips held most of their early gains after the much-antici-pated rise in interest rates announced at midday, although afternoon dealing volume remained quiet as investors began refocusing on deal scenarios. The FTSE 100 Index closed at 3,034.7, up 17.4 on the day and nearly
        672 words
      • Article
        Paris
        151 18 -4.81 Erench shares suffered a moderate loss as the CAC 40 Index gave up 4.81 points to end at 1,816.10. The index had previously moved into positive ground around midday after morning losses. Union des Assurances de Paris sliped after reporting 1994 sales 7.1 per cent higher. The market
        151 words
      • Article
        Frankfurt
        183 18 •3.18 German shares slipped in light trading, as the DAX Index eased by 3.18 points to finish at 2,045.25. Although the Fed's rate hike lifted a cloud of uncertainty weighing on the market, traders admit they still do not see a green light to move significantly higher. Dealers said
        183 words
      • Article
        Brussels
        179 18 +5.51 Belgian stocks rose for the second day amid strong earnings growth and speculation interest rates will remain stable for several months, analysts said. "Yesterday's rise in Fed rates caused some relief in the market, even though it was largely expected," said a trader. "By acting now, the Fed
        179 words
      • Article
        Milan
        147 18 -0.27 pc Profit taking during the second part of the session weakened Italian shares, but dealers said the market could perk up today, led by Fiat's encouraging results and the speculation surrounding the banking sector. Carmaker Fiat, which posted a pretax profit of 1.75 trillion lire, a 22 per
        147 words
      • Article
        Amsterdam
        253 18 +0.41 Dutch shares ended slightly above their lows at a mixed and sluggish trade with investors expressing disappointment that the dollar did not rally, despite the impetus of Wednesday's half point US interest rate hike. "It's a difficult market to get a good idea of," one dealer said. "We've
        253 words
      • Article
        Stockholm
        128 18 •1.30 Swedish shares closed slightly lower after an afternoon of very quiet trading. The OMX Index fell 1.30 points to 1,166.75 in moderate turnover of 2.2 billion crowns. The market undertone was still considered strong by brokers, but Wednesday's sharp rise led the bourse into a quieter phase. "It
        128 words
      • Article
        Zurich
        291 18 +2.9 Swiss stocks gained for a second day as investors bought pharmaceutical stocks and Nestle on broker recommendations and a weaker franc. The SMI Index of 23 leading stocks closed 2.9 points higher at 2,563.7, with nine stocks higher, one steady and 13 lower. The broader SPI Index was
        291 words
      • Article
        Johannesburg
        333 18 106.1 South African shares posted gains as buying interest returned in line with improved sentiment. Dealers said the continued bounce from heavily oversold levels had been driven by subsiding concern about emerging markets and hopes of a rally in key world markets. But they said the market could cool
        333 words
      • Article
        Toronto
        215 18 16.19 Stocks moved higher in quiet early trading, spurred by shining gold stocks which led gains in most sectors. The TSE-300 Index climbed 16.19 points to 4,035.30 on volume of 8.5 million shares valued at Csloo.l million. Advancing issues outpaced declines, 170 to 147, with 155 stocks unchanged. Toronto
        215 words
      • Article
        New York
        714 18 +3.03 The Dow Jones Industrial Average, which edged up 3.70 points on Wednesday, was ahead 3.03 to 3,850.59 at 1 lam EST. The New York Stock Exchange Composite Index was on 0.12 to 255.88, while Standard Poor's 500-stock Index was down 0.18 to 470.22. Declines led advances 907-807
        714 words
    • Article, Illustration
      Lock icon TOKYO
      2556 19 Bloomberg Business News TOKYO Stocks fell amid concern that insurers will be hurt by earthquake damage claims and banks won't begin writingotT bad loans as soon as many investors had hoped. The Nikkei Average fell 135.17 points to 18,604.30. The Topix Index fell 8.89 to 1,455.25 and the Nikkei
      Bloomberg Business News; Source: Bridge Info  -  2,556 words
    • Article, Illustration
      Lock icon BANGKOK
      1689 19 Reuter BANGKOK Stocks closed slightly higher after fluctuating in a narrow range throughout the day. The SET Index closed up three points at 1.241.53 after fluctuating between 1.236.41 and 1.251.14 on moderate 4.67 billion baht turnover. "Profit-taking was rife. Investors are taking short positions in the absence of any
      Reuter; Source: Bridge Info  -  1,689 words
    • Article, Illustration
      Lock icon JAKARTA
      1209 19 Reuter JAKARTA Share prices closed higher in active trading spurred by local players "Local players seemed to have sparked a spree of buying in the second session." one broker said. Brokers said foreign sell orders might have dried up and share prices apparently have hit their bottom. The sudden
      Reuter; Source: Bridge Info  -  1,209 words
    • Article
      CLOB INTERNATIONAL
      2436 20 UM \ul l)a> l«l<|Mr IN* IN> \M \el M < ap lliuh I uw C miipan) Sal* -f ('(Mil) High low timer Seller S (V S H/K Smil MALAYSIAN STOCKS 118 IN) 111 MSB <IV 25) 5 d 25) 24* 25) 265 10 -2.1 0) 251 206 77.J
      2,436 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8410 21 MAW BOARD U Or M Wl 1994/95 IM Val Da) l*»4 Quot. On Di» YW Net Cap \»g llitk lam (Mp.it Sal* l'000) High lx>« Buyer VIkr t'n ftf Sail Price INDUSTRIAL AND COMMERCIAL 720* 388 ml Vcma 50l 442 2 >4 446 436 442 448 8 8 4.7 1.0
        8,410 words
      • Article, Illustration
        Lock icon STI Index surges past 2,100 level on heavy volume
        1945 22  -  By R Sivanithy SINGAPORE Investors yesterday shrugged ofT an indifferent overnight performance on Wall Street after a 50-basis points rise in US interest rates to send the Straits Times Industrials Index past the 2,100 barrier in relatively good volume. Boosted by
        Charts by Bridge Info; Source: Bloomberg  -  1,945 words
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      136 13 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Tan Chim Peng of 149 Ellington Square Singapore 2056, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Loyang Valley Supermart at 216, Loyang Avenue, Loyang Valley Singapore 1750, and that this application will be considered in
      136 words
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      Page 13 Advertisements Column 2
      540 13 NEWS VALUE Fed raises rates by half-point; mora hikes expected (pg 1) Hardly comforting news. The element of interest-rate uncertainty is again back in play in the market. S'pore banks unlikely to raise primes soon despite Fed Nko (P8 0 A relief for highly-geared companies worried about interest costs this
      540 words
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      149 13 MTha Matter at The Cimpaalee Act Cap. M tad la The Matter at mem. aa of mms kmmm r*ua |M Heaters' Vataatary I toaHallea) MOtmr VOUMTUY WMOOM OF At an H y fl in yy General Meeting ot to Members ot to aboMttamed Company duly convened and Md d 126
      149 words
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      26 14 For Homo or Office deliveries of: Straits Times, Sunday Times, Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotline 1800-749-2577.
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      80 15 The Forum could hardly be better located: in the heart of the City, directly opposite the proposed Federation Square. This position, with the building's charm, character and spaciousness, is ideal for presenting major entertainment in a unique and enchanting environment. The property incorporates two theatres seating over 1,500 people. r
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      70 17 Financial SBBSj News o A Quick Look At The I I Markets! I Call 24 hours a day for I I SES KLSE I reports, I I market reports and Cost: 30 cents a minute Organised by: [MESS S r L_—_____ An SPH AudioTex Service o O LEAD BY EXAMPLE
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      62 17 I he Malaysian and Hongkong commodities markets were closed yesterday As and when the latent London/ Rotterdam priees are not available, the previous trading day's closing figures are carried instead. Fashion Beauty •Have A Colourful Lifestyle! Call 24 hours a day for hoi topics close to your hcartanything from head
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      192 19 The Hongkong and China stock markets were closed yesterday ,J|B§& Water-resistant to 100 m or 50m. BE IVJ j\ v- 3 \Jjj t 5 Available in gold, gold and steel or steel. I^ll I■■ ;X Above* Beyond Pi* Lid 1 Maritime Square *>2-101 bpo Gateway Td 272X042 Cortina Watch C*ntr*
      192 words
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      Page 19 Advertisements Column 2
      28 19 o I °o 0 LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. SINGAPORE f Business Times WE KNOW ASIA J
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      206 20 I he Kuala Lumpur stock market was close yesterday The Zenith Rainbow Collection I .JaßSb a Legend at Sea and on Land I Primero automatic chronograph movement Hf ife. I Non-reflecting sapphire glass. 3 ?I J Water-resistant to 100 m or 50m. CT IV.I K jjff Jf I Available in
      206 words
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      22 20 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday SINOAPORE rr Business limes WE KNOW ASIA
      22 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Caribbean the most popular route for nuclear fuel
      433 23 AP SAN JUAN, Puerto Rico Merchant ships have made 140 voyages carrying spent nuclear fuel from Japan to Europe, more than 90 per cent of them through the Panama Canal and the Caribbean, industry representatives said on Wednesday. After 27 years of
      AP; Reuter  -  433 words
    • Article
      Lock icon Mombasa port hit by stowaway scourge
      382 23 Reuter MOMBASA, Kenya Twen-ty-seven-year-old Juma Mrisho had a trip of a lifetime after he stowed away in a Danish vessel at Kenya's port of Mombasa. The Tanzanian from the Indian Ocean island of Pemba emerged from his hideout three days after the ship sailed,
      Reuter  -  382 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1043 23 Page Col ABC Containerline 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 Ahlers Line 13 5 Ahrenkiel Liner 4 1/2 ANL 3 4/5 Antaco Mgmt 17 3 APL 18 1/2 Appcnship 4 4/5 Arabian Express 15 4 ASCL
      1,043 words
    • Article
      Lock icon Dutch, German waterways seen closed for another week
      427 23 Reuter AMSTERDAM The main waterways through the Netherlands and Germany will probably stay closed to shipping for at least another week. Dutch officials said on Wednesday. The ban on commercial navigation, imposed over the weekend, has stranded 85 per cent of Europe's
      Reuter  -  427 words
    • Article
      Lock icon Manila launches ship to fight pollution and poachers
      191 23 AFP MANILA The Philippine government yesterday launched an ecology patrol ship to enforce environmental laws on the country's vast coastal waters, officials said. President Fidel Ramos said at the launching ceremony here that the 46-metre Banlay Kalikasan (Environmental Guardian) will go after
      AFP  -  191 words
    • Article
      DAILY FREIGHTS
      1030 24 THE dry cargo freight market eased again as measured by the Baltic Freight Index which was down seven more points on Wednesday at 1,966. Shipbrokers said the market was quiet and featureless, waiting to see what Asian charterers would do next week after the lull during the Lunar
      1,030 words
    • Article
      TRANSPORT DIARY
      756 24 COURSES Title: International Freight Forwarding I (SDF 70%) Duration: Feb 9 Apr 20 Organiser Singapore Freight Forwarders Association Tel: For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. 'Title: Container Management (SDF 70%) Duration: Feb 15 Mar 2 Organiser Singapore National Shipping Association Tel: For further
      756 words
    • Article, Illustration
      Lock icon US$ 100m spent to meet US pollution law
      1038 25 Lloyd's List THE good news is that nearly a month after the controversial requirement for certificates of financial responsibility (COFRs) came into force, there has been little if any disruption of the US oil trade. The bad news is that at least
      Lloyd's List  -  1,038 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      11306 32 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
      11,306 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        496 35 Vessel Voy No Berth Arrival Departure JwMg Pert C*e> Eiccknce J-5 112 alongside 03 02 1300 flonda Ranto. 2 0195 118.19 alongside 0302 2100 l« Clung 01% J/ 8 alongsrte 03 02 2300 Rachranuel I S12 95 13 atorysrte 0302 1500 Btfunt Recto 12 03.02 0800 04
        496 words
      • Article
        CONTAINER SCHEDULES
        1842 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts "Ship Voy No Etb/Btr Period From To From ,-Ao b* 7238 03/1200 1* 02/1500 02, ISM 02/1900 •Ho. lotus 061* 03/2300 IB 02 1500 02 1669 02,1900 2* 02/1700
        1,842 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Boeing likely to cut production, staff amid weak demand
        425 42 Reuter SEATTLE Boeing Co was expected to announce another round of production cuts and layoffs yesterday in a reflection of continued weak demand for new airplanes, industry analysts said on Wednesday. A source familiar with Boeing's plans confirmed that the company
        Reuter  -  425 words
      • Article
        Lock icon All Nippon Airways changes order to smaller planes
        239 42 Bloomberg Business News TOKYO All Nippon Airways, Japan's second largest airline, on Wednesday said it will order 10 narrow-body aircraft from Europe's Airbus Industrie and six wide-body planes from Boeing Co, but will cancel and delay orders for larger planes as it
        Bloomberg Business News  -  239 words
      • Article
        Lock icon Taiwan seeks US help on ATR-72 crash
        211 42 Bloomberg Business News TAIPEI Taiwan will ask US authorities to help them figure out why an ATR-72 turboprop plane crashed into a mountain on Monday night, killing all four on board, the Civil Aeronautics Administration (CAA) said on Wednesday. The CAA will ask
        Bloomberg Business News  -  211 words
      • Article
        Lock icon Low Paris-Toulouse air fares rise again in French air battle
        471 42 Bloomberg Business News PARIS It was nice while it lasted the low Paris-to-Toulouse air fares in January have nosed up again, as Air Inter and Air Liberte vow to compete more on service and frequencies than on price. That may
        Bloomberg Business News  -  471 words
      • Article, Illustration
        Lock icon UK passenger trains crash, 1 killed
        152 42 Reuter LONDON One person was killed and another seriously injured on Tuesday when a passenger train crashed into the rear of another one which had been derailed by a landslide in a remote valley in northern England, police said. About 30 people were also
        Reuter  -  152 words
      • Article
        Lock icon Swissair rethinks bid for Sabena stake
        217 42 AFP BRUSSELS Swissair has reconsidered its bid for a stake in Belgian airline Sabena. Belgian transport minister Elio de Rupo said in Brussels on Wednesday. He said in speaking to the Belgian Senate that Swissair, "after a re-examination of the general situation", would make
        AFP  -  217 words
      • LOG BOOK
        • Article
          Lock icon Rolls-Royce wins £50m engine order
          99 42 Bloomberg Business News LONDON Rolls-Royce pic, the UK jet engine maker, on Wednesday said it won a contract worth as much as £50 million (SSIIS million) to supply its Tay engines for Fokker-70 jets bought by Austrian Airlines AG. Austrian Airlines said on Tuesday that
          Bloomberg Business News  -  99 words
        • Article
          Lock icon P&O says Jan passenger figures up
          91 42 Reuter LONDON P&O European Ferries. a unit of the Peninsular and Oriental Steam Navigation Co, said that it had carried 600,000 passengers in January, a jump of 6 per cent on the same period last year. The firm added that tourist vehicles had risen
          Reuter  -  91 words
        • Article
          Lock icon Thai Air on UAL frequent flyer plan
          77 42 Reuter CHICAGO UAL Corp's United Airlines on Wednesday said that Thai Airways International Ltd will join its Mileage Plus frequent flyer programme. This will enable Mileage Plus members to earn miles and redeem awards on Thai Airways, it added. In addition. United will
          Reuter  -  77 words
        • Article
          Lock icon Saab sells more cars in US
          109 42 Bloomberg Business News STOCKHOLM Saab Automobile AB. the Swedish luxury carmaker, on Wednesday said it sold 33 per cent more cars in the US in January than it did in the same month last year. Saab sold 1,930 cars last month, compared with 1,455
          Bloomberg Business News  -  109 words
        • Article
          Lock icon Pakistan, Oman to start ferry service
          52 42 AFP ISLAMABAD Pakistan and Oman have agreed to start a ferry service between them and also establish a joint holding company to promote economic cooperation, officials said on Wednesday. The ferry service is likely to start in September, they said. No further details were
          AFP  -  52 words
      • Article
        Lock icon M'sia's HBR plans tie-up with Thai firm to build coaches
        229 42 NST KUALA LUMPUR The HBR Group of Companies (HBR), which operates the largest bus service in Kedah and Perlis, plans to form a joint venture with a Thai firm to build coaches. HBR chairman Hanafi Ramli said the plan to
        NST  -  229 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1817 42 a& nw ETA n» aty n.gm cn n lg w ETC *>■ HmH GA970 2035 VN745 1430 VN744 1540 Adelaide QF81 1930 QF82 2050 Hatyai TG407 2120 TG408 0620 SQ227 2230 MI895 2300 M1896 1920 Amsterdam KL837 1540 KL844 0115 HlllWU AY902 1850 AY903 2140 SQ323
        1,817 words
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      8 23 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times
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      27 23 Lines and service* represented by Members of the Registry ot Accredited fjßgjJJ*) Shipping Agents, Singapore National vJSzjZfff) Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      48 23 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times USsloom spent to meet US pollution law, Pg 3 Boeing likely to cut production and staff, Pg 20 UJ-M EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Singapore# m Business Times WE WOW ASIA
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      1994 24 IwoimMlMrMt,*! I QTMnDMSTWUTKMa 1 l normAimncA l PWtT WV, T9 fHHT fWfT wpo I] MtTMftlTpf tMMPOfI* CAUNMU DM EDMCT nan WECT COAST) I «sa »r rw* u om «a su dm. Houston cmc m *>"« *a «o* u una sssa u ki ngw mum nc* u*lcmjbo kuhu 111 1 1
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      25 24 o O 0 0 v: LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. SINGAPORE m BusincssTimes matowAtu
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      1533 25 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUBTRALIA (EABT COAST) PROM AUSTRALIA (BABT COAST)" KSKI/VOV JKT «C IST Hf S(I Kl M HOC KSKI/VOV ME SYD MO M HOS l "sfip"ljpßS A. MBTMIM SJS M/tZ 0402 10/02 2V02 24/02 OBCOVOY 4424 24/01 I OVO2 I- UOW* 20S wo: 11/02 10/02 01/01
      1,533 words
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      1438 26 AQABA ROAM/ LE VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE LUDWIGSHAFEN EXPRESS 17/303 28/1 6/2 13/2 15/2 18/2 20/2 22/2 DANUBE ***** 1/2 18/2 21/2 19/9 LEVERKUSEN EXPRESS 22/304 4/2 13/2 20/2 22/2 25/2 27/2 1/3 KAMAKURA 38/105 8/2 25/2 28/2 26/2 KATSURAGI
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      455 26 IS'pore P.Kelang Loading for VLAHERNA 10/2 14/2 Rdm/Atw/UK/Nantes I •Loads E./W. Malaysia. Indonesia I Loading for V ENERGETIC Dubai/Bahram/Damman/Kuwait I SEA VENUS Hodeidah/Jeddah/Aqaba •Loads Singapore. E./W Malaysia. Indonesia I Loading for V DONA V Los Angeles/New Orleans/ H Charleston/Norfolk/Camden H OCEAN EVER Los Angeles/New Orleans/ Charleston/Norfolk/Camden H •Loads E./W. Malaysia.
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      Page 26 Advertisements Column 3
      1598 26 NORASIA 3 SEA ENDEAVOLW 505W 09/02 20/02 03/03 04/03 04/03 05/03 05/03 06/03 06/03 07/03^^ NORASIA FRBOURG 9506-3 15/02 07/03 10/03 11/03 U/03 12/03 12/03 13/03 13/03 14/03 I NORASIA HONGKONG 9507-3 22/02 14/03 17/03 10/03 10/03 19/03 20/03 21/03 21/03 22/OJL.X NORASIA SHARIAH 9504-3 01/03 21/03 24/03 26/03 26/03
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      1885 27 Pi IW STRAITS SHIPPING PTE LTD 1 gff 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE KHilftiiahAMUlilMMlMllAiAiAftArilMyßHl (A SERVICE OF CHINA NAVIGATION CO) CARGO DUE SAR.S STRAITS VENTURE WM4t Mwi. Lab 03 04 Feb 06 Feb 07 F«b FCL LCI CONTAINER
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      Page 27 Advertisements Column 2
      2168 27 W TIP Singapore Agent: M» fifU VjOlltfll YIPfC P&O Containers (Singapore Agencies) Pte Ltd ■njA ~T "w*i 0 10 Hoc C hiang Road. #07 01 kcppcl Towers. Singapore 0208 First Class Connections WORLDWIDE ftf,: 225 33, lclcv RS ***** PNocsp.Fa*: 225 5327/222 7517 C R Number: *****9 *****/ EXPORT IMPORT
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      Page 27 Advertisements Column 3
      883 27 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND P*L PEN )OH SIN H*G *A 0 TAI ME *08 OS* MOJ BOS WAN HAI 20/ NO4O 31 01 01 02 03 0? 0505 02 09:0? 10 0? 1? 02 13 C 2 SEA RANGER No4o MW 5T02 oTo? 08 09 0? 13 02 15
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      Page 28 Advertisements Column 1
      479 28 JOINT VENTURE WV SAMUDERA INDONESIA SIR j RICKMERS win SINGAPORE CHINA GREEN ERA VOY 3NB 12 JAN QINGDAO DASA SEPIA.UH VOY 3NB 08 FEB XINGANG SHANGHAI INDUCEMENT CALL PKELANG INDUCEMENT CALL HK. P.GUOANG, BELAWAN, TG MAN XIAMEN. ZHANGXGANG UTAMA HARTA I S* WEEKLY FULL CONTAINER SHIP FEEDER VESSEL NAME VOY
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      Page 28 Advertisements Column 2
      1142 28 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FM VSI SM LM HAUL SLA m ID* FW VSI SM IIIK MM. S*V IM NYC HAHIN ROTTERDAM 92* 10/2 OMCT 2/3 3/3 4/3 HAW* ROTTEROMM 02X 10/2 H KUIURG OMI K/3 17/3 19/3 HANIN UHAVRt
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      Page 28 Advertisements Column 3
      1304 28 ziU =Mrl -1 I. «..«m« T?,, S 6 1116 •'MK'Mitijuucicui nc im urn km nr MS KB CM ws» I II Sm ivf J2/I 82 17,2 5£ "'I 22/2 21/2 2 12 nn t/1 n IVi J /< V 4 4/4 7/4 17/4 27/4 1/5 3A I I i «{J
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      3120 29 VAMU (BULGARIA) COMSTAHTZA (HOMANIA) KM UHASSOL 3 PHI MONTH SJflf«eor«'s CfMTiJ AfMti. M (Gonortl): *****00 Solo*. Booking: Agoncr t*r>: p/ICTJO ClilDDltir DTK ITO fax (Gonorol): *****66 C onto/nor: 4 *****1 844 CIMNrM */L: *****02 Opormltoo— Comtotmor: ***** 15 *V?!?" r"™il! P,t I,D Totox: 268 iO COSHIP CMrMIfOMI: 4M5150 B« 4MS7IS
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      Page 29 Advertisements Column 2
      226 29 (fc FAMOUS CONTAINER LINES —80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) NEXT GROUPAGE SERVICE TO CHINA ETA: 06th FEB. 95 CONTACT: KEN SIM/ SYLVIA HOT LINE: *****33 (30 LINES) P. KLANG PH: 0203-*****02 (10 LINES), PENANG PH. 0204-*****7 (10 LINES) J. BAHRU PH: 0207-*****22 GLOBELINK FORWARDERS
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      Page 30 Advertisements Column 1
      1287 30 M Iwcsaci unv itiai wr 9 I HI I'l VEBSfcL V 4 £*I >£ VESSEL VOY SIN PEN MWABHUM MS Fri_ .n PI Wad ./a I ,MTRA BHUM Fn In PI Sat 4/2 ™1 SN BKK BHATRABHUM S7S Sal 4/2__Toa 7J2_ j mTRA BHUm w#d /2 ps] NANTHA BHUM 230N
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      Page 30 Advertisements Column 2
      908 30 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0K STRAITS SHUTTLE SERVICE PORT KLANG PENANG VtSStl WY S<w I PKL VESSEL VOY SK PO> SfA 15*! w 2 ,su> 06 2 'MOW) MCC CONVEYOR iOC« 03/7 <FRI» (ft 2 'SUN)T XOUR SPORE 9iOU 06 2 tMON) 08
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      Page 31 Advertisements Column 1
      973 31 TPACIFIC INTERNATIONAL LINES (PTE) LTD 1 •4 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I CR NO **********0E I VESSEL VOY SIN CMB JIB HOD JED AQJ AOE PZU MSW ASA KOTA WUAYA WJASIS 9/2 14/2 20/2 22/2 24/2 26/2 27/2 2/3 7/3 I KOTA BERLIAN BRL27P 17/2 21/2
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      Page 31 Advertisements Column 2
      933 31 VtSStIS YOT SM It HAMBURG IHAMIS ROTTtRPAM ANTWERP Wilt Ot SAGITTA SO7W 09 02 01/03 03/03 05/03 28/03 07/03 WIU OAQUHA AO7W 16/0? 08/03 10/03 12/03 13/03 14/03 Wilt DHYPRA HO7W 23/0? 15/83 17/03 19/03 20/03 21/03 Wilt Pt ITRA TO7W 22/03 24/03 26/03 27/03 21/03 •ALSO ACCEPTING CARGO TO
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      Page 31 Advertisements Column 3
      598 31 BSA ik M MYANMA «BBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore PKIf Pen P.Gd| TANAH AIR V2W SAILED HPA AN V2O7W 08/10 Feb MALAYSIA AGENTS BOUSTEAO SHIPPING AGENCIES AU. TEL 02-03 *****00 PKL TEL 02-03 *****67 PEN Ta 02 04-*****2 PGD TEI 02 07 *****21
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      Page 34 Advertisements Column 1
      2001 34 TO EUROPE FEEDER I PHI I PEN MOTMR VSL SPORE l£H HTM HAM BRH f«T VSL PKL STOW HRG FUSAW KOK SHMfI) N6Q I TOW BSC/ITB MU/SOlt 21.01 2101 to ASU 2514 01.02 1102 19 02 20 02 22 02 23 02 NORMAMXE 1034 0102 0102 12 02 16 02
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      Page 34 Advertisements Column 2
      531 34 ItAIMN CONTAINER LINES, INC l~N=/\"l A fl©nt»: MAC-NELB SPORE: *****22 (24 UNEB) X 'cm Mm laaawaoaaai SIBU (084) *****9 KUCHINQ (082) *****3 PENANQ: (04) *****8 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKI SIN 5 SAILINGS/WEEK PEN PK
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      Page 35 Advertisements Column 1
      165 35 CONVENTIONAL/BREAK-BULK SERVICES 1 VESSEL VOY SINGAPORE COLOMBO SUN PULSE 10 10-15/2/95 21-22/2/95 SITRA 1 10 15-20/2/95 26-27/2/95 BOOKING/GENERAL AGENT: RICK MARINE ASSOCIATES PTE LTD TEL: 534 0800 534 0900 FAX: 534 2272 TLX: RS ***** RMA WY HA ETO KIT POUT a BONANZA 9502 8/02 10/02 YANGON BY CONVENTIONAL H/LIFT
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      Page 35 Advertisements Column 2
      240 35 I VESSEL VOY SIN OIAA SIM I TIGER BRIDGE 315N 03 04/02 09 15/02 20 21/02 I TIGER BAY 128N 05-06/02 11-18/02 23 24/02 TIGER SPEED 316N 08 09/02 14 20/02 25-26/02 TIGER CAPE 014N 12-13/02 18-22/02 27-28/03 TIGER ISLAND 129N 16-17/02 22 28/02 05 06/03 I VESSEL VOY SIN
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      Page 35 Advertisements Column 3
      419 35 IS DONGNAMA LINE COMTAMCragD SERVICE «TRArra/BLW/INC/»K WSSU (MSS) n M MB MC KM smkmc tuoo non 11/02 u u 14,02 it m »02 0101 OASTK* «M» ltd M M 22 02 21/02 05 03 01 03 MMHN VSO2N 25 02 27/02 21 02 12 03 12. 01 15/03 Tutsms noai
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      Page 35 Advertisements Column 4
      436 35 Csf^ICHnELMMRINM^ENCHE^sTTrMJ^I TEL: *****33 (12 Lines) K FAX: *****15/*****03 PJ TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E ETHIOPIAN SHIPPING LOSS j (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vmml Voy iTA I Loading For Sport Andinet 38WB 03/04 Mombasa. Djibouti Assab. Massawa Abbay Wonz 43W8 06/0S Mombasa. Djibouti
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      Page 36 Advertisements Column 1
      1507 36 ■UHMHiHifIIM NO DETAIL TOO SMALL NO EFFORT TOO GREAT Vessel Voy ETA ETO DESTINATIONS Next Week PANAMA Next Week 6TH STRING MAY VIEW MAERSK V 9608 MAYVIEW MAERSK V 9502 HHH CY —07 Jen 0600 MBS CY 07 Jan 0900 HRS ATI BAL CHS CLZ LGB MEM MIA NYC OAK
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      Page 36 Advertisements Column 2
      829 36 [iMJflgLloytf FULL CONTAINER SERVICES dot sin- It 0 SAGIITA SO?* 94 92 to 92 NU II 03 03 03 04 03 MO) 07 03 11 ami on u u 1212 17 02 1003 07 oi 0003 V 0 AQU&A M7H 11,12 10 12 1* 02 00 03 II 01 12.11
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      Page 36 Advertisements Column 3
      781 36 TO E. CANADA US ATLANTIC US GULF X®* p KELANG HALIFAX N.YORH NORFOLK N ORLEANS MOBILE TAMPICO HOUSTON Si?! 2J* Feb l6Mar 19 Mar 22 Mar 28 Mar 31 Mar 3 Apr 8 Apr HOEGH mVranda 0737 2/Ift M 21 Feb 2 Apt 5 Apr 8 Apr 14 Apr 17
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      576 37 ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BKMBU.K SOC CMIGOES TO/FROM OSAKA. YOKOHAMA NAGOYA. MO*. TOKYO*. MANIA" DAVAO* Penan*' P. Kelanj Sinjapore E'Msia* KARABfVERETT V2IE 24/25 Frt KAMALEVERETT V2SE 14/15 Mar "A" VESSEL 22/23 Mar ACCEPTMG BKEAKBUM FCI SOC CABGOCS TO FROM CHTTAGONG, CALCUTTA AND MONaA*. Smgipore P. Kelanj" Penan|*
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      Page 37 Advertisements Column 2
      198 37 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM *AT ATTRACTIVE RATES 0 CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 26/1 1/2 3/2 5/2 GLORY SELATAN X 25/1 31/1 2/2 4/2 SIN KAO GLORY SELATAN VIII 8/2 15/2 SINGAPORE ASEAN TO TAIWAN
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      Page 37 Advertisements Column 3
      594 37 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE VESSEL VOY SI KARACHI HYDERABAD 137 HW 20/02 01/03 ISLAMABAD 132 HW 26/02 07/03 MAKRAN 156-HW 06/03 16/03 SARCOOHA 153HW 12/03 21/03 rci mi cut aw ratts saici to wuaicm FAR EAST CONTAINER SERVICE ONLY BSN OS* HAG YOK™™ MAKRAH 155
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      Page 37 Advertisements Column 4
      677 37 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL/VOV ETA SIN ETA MAA MV TIGER BRIDGE V 315N 03 04/02 09-IS/02 MV PRAVDINSK V.12 05-06/02 11-12/02 MV TIGER BAY V 128N 06-07/02 12-19/02 MV BUNGA TERATAI V TERO27 07-08/02 13 14/02 MV PESTOVOV 09 11-12/02 17-18/02 MV SEA DRAGON V DRGO4
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      Page 37 Advertisements Column 5
      306 37 SIN FAR EAST 712 KEELUNG/KAOHSIUNG 9/2 BANGKOK 12/2 WIANILA/CEBU 5/2 JAKARTA/BELAWAN/SURABAYA 7/2 PORT KELANG/PENANG/E. MALAYSIA 5/2 BUSAN 5/2 TOKYO/YOKO/KOBE/NGO/OSA 6/2 HONG KONG SIN CHINA (*DB#±#*n) 6/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 6/2 LDN/FLX/LVP/SOU 6/2 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgana/Czech. SjN USA/CANADA 11/2 LOS
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      Page 38 Advertisements Column 1
      641 38 FIXED L WEEKLY SAlLINGS^^HjjH^^^ iinnik MELBOURNEGP SHIPPING PTE LTD Call: Kenny/Mas/Peter AFGHANISTAN M&M Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharun) ■wee* Ewe C.1.5./RUSSIA: Alma Ata, Ashkhabad. Baku. Dushanbe, Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, MllnZer a IWuncn Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo
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      Page 38 Advertisements Column 2
      212 38 Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SJL or CMT Liner Express Agencies Pte Ltd Hot Line i 22-007-22 VESSEL SPORE INDONESIA DESTINATION Marina I Voy.2/95 ETD 10/2 Pontianali Marina II V0y.79 ETD 15/2 HKG/Kaohsiunt Swan Bay V0y.57 ETD 28/2 HKG/Kaotaiunt Princess Metwa Voy 34 ETD 20/2
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      Page 38 Advertisements Column 3
      689 38 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 12 FEBRUARY (Accepting to all Naw Zaaland porta) PENAN6 10 FEB JAKARTA 5 FU PORT KLAN6 6 FEB BAN6KOK 5 FEB MANILA 5 FEB MELBOURNE 12 FEB SYDNEY 12 FEB BRISBANE 12 FEB FREMANTLE 9 FEB ADELAIDE 9 FEB I^GOTHSiburg^^^iife^^^^^ 'ACCEPTING TO
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      Page 38 Advertisements Column 4
      1116 38 CONSOLIDATION TO LIMASSOL Singapore I ACCEPTING LCL CARGO AT ,N ISO 9002 BY I.RQA ATTRACTIVE RATES Transhipment available to Beirut, Lattakia via Limassol jb. Call Te at DID: 277 1064 for bookings NOW!!! Singapore 561 1668 272 9838 lliawmgLMi TOW Also has offices in:- AND LOGISTICS SERVICES CLma* »^5. YS|A
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      1749 39 SUNSHIP AGENCIES PTE LTD 20 McCallum Street *16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R Y.S.N. V——l VOJ[ Hong Kong Singapore P. Keleng Penjnj Globe Emerald 1 SAILED SAILED IN PORT CMo Orchid 13 12-12/2 13-14/2 Sun Ruby 13 13-13/2 Btm Ruby
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      Page 39 Advertisements Column 2
      388 39 CEYLON SHIPPING CORPN tfM&j National line of Sri Lanka 10 I K \ND NORTH CONTINENTAL PORTS <Cttl DOT Ml JO Lfll HMt IH> MM MH MID MMgUtS OVW S 2 i'l St« oBtjjßg MM» 12 11 2 VI < 3 KD gWOV> OttW 12/2 It/? womsu> mam w* 3 iw
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      Page 39 Advertisements Column 3
      741 39 I uu_rL. I 'OOCL HONOUR 36W'eta SGP TI/02/95 I I AJOMm I ETA R DM 27/02/95, FLX 28/02/95 I BRE 02/03/95, LEH 04/03/95 I EXPORT StNOJ POWt CALIFORNIA CXPWtSS (tCX) TOi UtV»C u- CANADA LOS QAM VAN %fl ATL CCC HOU MPH PLC TOR MON CALIFORNIA PEGASUS 26 06/02 25/02
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      Page 40 Advertisements Column 1
      1518 40 AMERICAN PRESIDENT LINES, LTD. 19 KtPPCL WO AO «Q2QI JIT POH BtHLCHNG S>NGAPOW£ 0208 TEL 225 9966 Fa. 221 4922 ALSO OFFERING SERVICE TO/FROM *PRC *CIS VIETNAM 'EAST RUSSIA 'CARIBBEAN 'LATIN AMERICA 'EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY TO NORTH AMERICA CANADA WEEKLY CONTAINERIZED SERVICE «sai norm ftw
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      Page 40 Advertisements Column 2
      2238 40 Kit mi ft AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CR NO: **********0M/GST REG NO: M2-0017J99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W Mi 1 MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD M T EL SA *****00 PK *****75 PEN *****20 JB *****01 PGU 25'8625/6 1 INDONESIA: P.T.
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      Page 40 Advertisements Column 3
      139 40 BANGLADESH SHIPPING CORPN. REGULAR SERVICE TO/FROM CHITTAGONG VtSStL VOTAGt CHTTAGONG SINGAPORE MONGLA CHTTAGONG BANGIAR MOW 41W 01/02 06/02 12 02 BANGIAR ROB 02/02 10/02 16 02 18 02 BANGLAR MOW 42W 12_02 20/02 26/02 BANGLAR HOW 45W l«/ 02 26/02 04 03 06 0 3 BANGIAH MOM 43W 26/02 06/03
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      379 41 A HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 WW PKE PGP VESSELS VOY SH RTM ANT L£H HAM BREj fa 01/02 03/02 04/02 H. EXPLORER 315* 06/02 24/02 26/02 ***** ***** ***** 28/02 08/02 10/02 11/02 SEA PROGRESS 315W 13/02 03/03 05/03 04/03 05/03 05/03 07/03 15/02
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      Page 41 Advertisements Column 2
      95 41 rfh SCHINDON SHIPPING PTE LTD 2 HAVELOCK ROAD. #06-02 APOUO CENTRE, SIN 0105 TEL: *****20 (8 LinM) FAX: *****38 TLX: RS ***** SCHIN CR NO: **********0N BOOKING: LUt/JESSIE RE6ULM COWVENTIOKAI StRWCt TO/FM EUROPE MDOTCSU HGfNT P.T. TMKORA UOTO. JMMU TEL: (21) SSM77O/6J***** CTP: DXM/SMUSI FAX: (21) *****17 WESTBOUND *Sl KT
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      Page 41 Advertisements Column 3
      354 41 BBS STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE I RORO CARRER SPECIALIZE VI HEAVY LffT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS VESSEL 101 PK LOAOMG FOR COSMIC CHALLENGEfI 37 3/2 5/2 OUMAI 7/2 ORANGE MOON 60 11/2 BANGKOK 14/2 KU2MA GNBASH 16 12/2 CHAMPION TRADER 43 13/2 15/2 BMTULU
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      Page 41 Advertisements Column 4
      493 41 JEDDAH/UK/CONTINENT I py1 n s?ST sr UH IHfIH MMM 13/2 l 2 21 1/3 «"««wp. Airatwdjm. Oik. Htferiu n 2/3 to 4UK dejtwtav. Mm and DuMn i»3slmk |}g y j;| ;;j o»*«*, MEDITERRANEAN (MED CLUB)* ■■jjj^H "sr I sr s?"' s;,f" f, svsrsri" B m w ">' IS9H p scw
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      305 41 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0«00 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.3 2.6 2.7 2.5 2.1 1.5 1.0 OS 0.7 0.9 1.3 2.0 2.7 3.1 3.0 28 2.2 1.6 1.0 0.6
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