The Business Times, 28 February 1995

Microfilm: NL19772
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    9 1 Business Times MITA(P) 194/12/94 Tuesday February 28 1995 Ss'
    9 words
  • Article, Illustration
    Barings is bust, losses hit S$1.6b, but Simex is safe
    891 1  -  By Catherine Ong NEWS that Barings pic has gone bust rocked the world's financial markets yesterday as falling Japanese stock prices deepened the British merchant bank's losses to an estimated £700 million (Ssl.6 billion). The Bank of England (BOE) disclosed
    891 words
  • Article
    Regional markets take a knock but spared the worst
    346 1  -  By Quak Hiang Whai SINGAPORE Share prices fell across the region yesterday in the wake of the Barings crisis, but the worst was not to be. Most Asian markets had opened sharply lower as investors scrambled to sell after news of
    346 words
  • Article
    Lock icon Dow unshaken, off 1pt at 2am
    67 1 Reuter NEW YORK Stock prices were slightly lower at midsession yesterday as Wall Street showed little concern over the collapse of Barings pic. The Dow Jones Industrial Average was ofT 1.73 points at 4,010.02 at Ipm EST, holding above the psychologically important 4,000-point milestone.
    Reuter  -  67 words
  • Article
    Economy grew 10.1% in '94, lower rate forecast for '95
    746 1  -  By Chuang Peck Ming SINGAPORE The economy grew by 9.2 per cent in the 1994 fourth quarter to bring the year's growth to 10.1 per cent, matching 1993's performance. But 1995's growth, first projected at 8-9 per cent, is likely
    746 words
  • Article, Illustration
    The brilliant arbitrageur turned rogue trader
    643 1  -  By Conrad Raj SINGAPORE The man who caused the collapse of Barings pic, one of Britain's most venerated institutions, had a record of leaving behind unpaid bills, according to British press reports. When Nick Leeson left England, he was owing more than £3.000 in
    643 words
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      168 words
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      45 1 Property: Pg to Room to let in KL MORE REPORTS, Pg 2 Commentary: How was the wool pulled over so many people's eyes? Barings 1 staff hopeful buyer can be found, Investors in Barings unit trusts stuck. EDITORIAL: How do you regulate greed? Pg 14
      45 words
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      Page 1 Advertisements Column 3
      14 1 Hock Lock Siew: pg 17 HK hotel counters look good Regional markets, Pgs 24-28
      14 words
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  • THE BARINGS DEBACLE
    • Article, Illustration
      How was the wool pulled over so many people's eyes?
      1245 2  -  Commentary by PAUL LEO The writer is a BT correspondent SINGAPORE Just how did a single errant derivatives trader bring down an entire bank? From what can be pieced together, it appears that Nick Leeson, the general manager of Barings
      1,245 words
    • Article
      Barings' staff hopeful that buyer can be found
      583 2  -  Employees here unlikely to get their annual bonuses for last year By Shiv Taneja SINGAPORE Singapore employees of Baring Securities the stockbroking arm of the financially troubled British merchant bank. Baring pic are hopeful that a buyer for the brokerage firm can
      583 words
    • Article, Illustration
      Lock icon Tokyo bankers urge careful action by Simex, Osaka exchange
      896 2  -  By Ruth Wong TOKYO After close to a 4 per cent crash in Tokyo prices yesterday, investment bankers predicted last night that the market could fall significantly further unless Simex and the Osaka futures exchange handle the unwinding of Baring positions
      Reuter; AFP  -  896 words
    • Article
      Investors stuck as trading in listed funds is frozen
      300 2  -  By Catherine Ong SINGAPORE Retail and institutional investors in at least 21 Barings unit trusts in Asia are stuck. The firm's administrator, accounting firm Ernst Young, has frozen trading in all the firm's listed funds, preventing any redemptions by unit trust
      300 words
    • Article
      Lock icon The venerable Barings: old money ruined by new-fangled finance
      637 2 Reuter LONDON The Barings banking dynasty, whose deep coflers helped build the British Empire and shape the course of history, was brought to its knees by one man's gamble. One member of the blueblooded family yesterday said the weekend was "soul-destroy-ing"
      Reuter  -  637 words
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  • 1994 ECONOMIC SURVEY OF SINGAPORE
    • Article, Illustration
      Lock icon Untitled
      259 3  - Compiled by Ven Sreenivasan 12.9% annual growth 28.3% share of GDP Productivity up 11.4% VA share of electronics: 42% Electronics growth: 22% Other growth industries: transport equipment up 7.5% machinery up 20.3% $5.8 billion investments Unit labour cost down 3% Unit business cost down 0.6% 11,500 jobs created 9% annual
      Artwork by Ben Cruz  -  259 words
    • Article, Illustration
      No surprise if the economy again steams ahead of the economists
      1035 3  -  Commentary by VIKRAM KHANNA The writer is BT's Regional Economics Editor THE Singapore economy seems to have a way of exceeding forecasters' expectations. And as the Annual Economic Survey for 1994 shows, it has done so again with another
      1,035 words
    • SURVEY SNIPPETS
      • Article
        Japan and US the biggest investors
        135 3 FOREIGN direct investment in Singapore increased from Si 1 billion in 1980 to $57 billion in 1992, the latest year for which data are available. Japan held top position with a 23 per cent share at end-1992, while the US came in second, with
        135 words
      • Article
        Exports up by 28% and imports by 15%
        68 3 THE VOLUME of total trade grew by 21 per cent last year, compared to 18 per cent growth in 1993. Export volume was up 28 per cent, with Malaysia, the US, EU, Hongkong and Japan the top five export markets. Meanwhile, import
        68 words
      • Article
        Food, transport costs lift CPI 3.6%
        73 3 HIGHER food, and transport and communications costs lifted the Consumer Price Index 3.6 per cent last year, the highest rise since 1990. Domestic sources accounted for 2.9 percentage points while imported prices moderated by the strong Singapore currency added 0.7 percentage points. The Goods
        73 words
      • Article
        Motor vehicles pull down retail sales
        81 3 DESPITE strong economic growth, the volume of retail sales declined by 2.1 per cent compared with a 5.2 per cent expansion a year earlier. The decline was largely due to a 12 per cent decline in motor vehicle sales. Excluding motor vehicles, the volume
        81 words
      • Article
        Employment up 4.4%, jobless rate down
        96 3  -  Compiled by Ven Sreenivasan TOTAL employment grew by 71,200 or 4.4 per cent in 1994, marginally higher than the 70,800 jobs created in 1993. The financial business services sector led the pack, creating 15,800 jobs. Labour market tightened further, with the unemployment rate falling
        96 words
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      111 3 YOU'VE GOT TO BE THERE! I Your unique opportunity to meet the whole industry under one roof. A View the latest developments Exhibitwn^En trance Source new products and services Doors Open Daily 9.00 a.m. 5.30 p.m. A Make lasting business contacts (Trade Only) BE AT THE FOREFRONT OF THIS DYNAMIC
      111 words
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      77 words
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      37 3 MY 32 MAHARAJAS AT YOUR SERVICE FROM SINGAPORE WEEKLY TO INDIA 2 TO BANGALORE 2 TO TRIVANDRUM 4 TO DELHI 8 TO MADRAS 12 TO BOMBAY TO INDONESIA TO JAKARTA TO AUSTRALIA TO PERTH Ma amm mm
      37 words
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  • SOUTH-EAST ASIA
    • Article
      Masterplan to make Bangkok regional financial hub unveiled
      479 4  -  From Loh Hui Yin in BANGKOK THAILAND'S much-awaited financial masterplan, the country's first ever, has set out broad policy guidelines as well as specific goals to establish Bangkok as a regional financial hub. Under the five-year plan announced by Finance Minister Tarrin
      479 words
    • Article
      Lock icon Indonesia next on US' piracy list, say lobby groups
      340 4 Reuter JAKARTA In the wake of China's 11th hour agreement with the United States to stamp out piracy of computer software and other intellectual property, industry lobby groups said the focus was switching to Indonesia, another major abuser of copyright. Members
      Reuter  -  340 words
    • Article
      Lock icon Indon labour protests over holiday bonuses fall sharply
      279 4 Reuter JAKARTA Indonesia, for the past few years battling unrest among its 80 million workers, said yesterday that protests over holiday bonuses had fallen off dramatically this year after tough legislation and enforcement. The official Antara news agency quoted Manpower Minister Abdul
      Reuter  -  279 words
    • Article, Illustration
      Lock icon Not quite the real thing
      41 4 AFP BANGKOK A Thai vendor polishing one of several hundred pirated stereo components at his shop yesterday. Cheap local imitations of known brand names of lower quality than the originals are popular with Thai consumers. AFP
      AFP  -  41 words
    • NOTE BOOK
      • Article
        Lock icon Umno to distribute voters' list
        81 4 NST SHREMBAN. Malaysia The headquarters of the United Malays National Organisation (Umno) will distribute the voters' list to all party divisions nationwide by tomorrow in preparation for the general election, party vice-president Muhammad bin Muhammad Taib said yesterday. Mr Muhammad, who is Umno's computerisation committee
        NST  -  81 words
      • Article
        Lock icon Fake watches mar Thai trade fair
        70 4 AP BANGKOK The Thai government's first industrial fair, meant to show off products made in Thailand, was marred by the discovery of a booth selling fake Rolex watches. Police Lt Col Chaiyadit Panyamuansakul said yesterday that one disgruntled customer spent more than 70.000 baht
        AP  -  70 words
      • Article
        Lock icon Manila woos infrastructure investors
        81 4 Reuter MANILA President Fidel Ramos urged investors to take part in the Philippines' economic recovery by financing infrastructure costing billions of dollars. Officials said about U554.73 billion (556.85 billion) in private-sector financing was needed to pay for crucial infrastructure projects over the next three years. In
        Reuter  -  81 words
      • Article
        Lock icon US again rejects asylum for Viets
        65 4 AFP MANILA The US Embassy here rejected fresh appeals for asylum yesterday by 270 Vietnamese who threatened to set themselves on fire if forced to move to a camp for people scheduled for repatriation. "They have no choice. Under the US law. if they
        AFP  -  65 words
    • Article
      Lock icon Cambodia opens US$40m Japan-funded power plant
      178 4 Reuter PHNOM PENH Cambodia's King Norodom Sihanouk formally opened a Japanesefunded power station yesterday, part of a massive revamp of the capital's electricity-gen-erating capacity. "This is a very valuable aid, providing electricity to Phnom Penh that means to our people, to our national life
      Reuter  -  178 words
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      333 4 m CREATIVE MANAGEMENT j Creativity is an essential ingredient for success in individuals and organisations. It is a force which, if unleashed, would take them to new heights of success. Unleashing this latent creative power requires a mental process involving different quadrants of a brain a process best explained by
      333 words
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      126 4 —pßa waTiaawiiwsiwiiM j From February 25th Welcome aboard our new flight from Singapore to I Bombay via Madras. Experience the comfort of our wide-bodied Airbus A 300, with more leg space even in the Economy Class. Service and cuisine to match the warmth and care of the I traditional Indian
      126 words
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  • Page 5 Advertisements
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      610 5 There s an air of confidence al)out driving the new LS4OO. And not Dy accident. n 1 exacting standards, every driver is not. Front seat belts, therefore, come with innovative pretensioners to firmly cinch the webbing to your body skape. Tke steering wkeel tilts and telescopes to accommodate differences in
      610 words
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  • CHINA/HONGKONG/TAIWAN
    • Article, Illustration
      Lock icon Sino-US accord on copyright hailed as a positive step
      474 6 Reuter, AFP WASHINGTON The US agreement with China on copyright protection is being hailed as a positive step that will improve economic relations between the two countries. US Trade Representative Mickey Kantor said Beijing's agreement to stop rampant piracy of copyrights,
      Reuter,; AFP; Reuter  -  474 words
    • Article
      Lock icon China sees growth, regional imbalance continuing
      434 6 Reuter BEIJING China's runaway economic growth will slow slightly and inflation will fall in the first quarter, but the gap in development between the booming east and remote west will widen. The China Daily Business Weekly on Sunday quoted a forecast by the state
      Reuter  -  434 words
    • Article
      Lock icon Guangdong province to intensify crime clampdown
      300 6 AFP BEIJING Public security officials in the southern Chinese province of Guangdong are to intensify a law and order clampdown in the face of mounting crime, particularly in drug trafficking. The China Daily yesterday said five thousand extra police will be put on the
      AFP  -  300 words
    • CHINA WATCH
      • Article
        Lock icon Chinese dissidents petition parliament
        71 6 AFP BEIJING About 26 prominent dissidents and intellectuals sent a formal petition yesterday to the Chinese parliament, demanding an improvement in human rights and social justice. Exercising their right under the Constitution to petition the National People's Congress, which holds its annual plenary session next month,
        AFP  -  71 words
      • Article
        Lock icon Sino-Japanese talks on bilateral issues
        54 6 AFP TOKYO Japanese and Chinese diplomats will hold talks in Beijing on Thursday over bilateral and international affairs. The Japanese foreign ministiy yesterday said the Japanese team will be led by deputy foreign minister Hiroshi Fukuda while the Chinese side will be headed by vice-foreign
        AFP  -  54 words
      • Article
        Lock icon Taiwan's economy picks up steam
        91 6 AFP TAIPEI Taiwan's economy is picking up momentum, with the government's key economic barometer sending encouraging signs in January. The Council for Economic Planning and Development yesterday said: "The economy in January remained promising and chalked up a second consecutive green light, despite the composite
        AFP  -  91 words
      • Article
        Lock icon China's power demand to triple
        70 6 Reuter HONGKONG China's electricity consumption will triple by the year 2015 compared to 1994. Economic business forecasting and consulting firm DRI/McGraw-Hill yesterday said Asia will account for 53 per cent of the world's increase in energy demand over the next 20 years, and its share
        Reuter  -  70 words
      • Article
        Lock icon China's rice imports soar
        56 6 Reuter BEIJING China's rice exports fell to almost zero in January, but imports rocketed to 150.000 tonnes from just 10.000 tonnes in January 1994. Customs figures released yesterday showed China exported almost no rice in January compared with exports of 30,000 tonnes in January 1994. December
        Reuter  -  56 words
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      187 6 Even The Price Is Straightforward. i i •r 3 r—f IQ\ j I s mSTAjW if i tm mmmmmmmmmmmam m x SBHK I I/1 /iIiI m V I i l I i l l l I 1 j y'' iiiiiiii i i I m *****111 m wvjj ■fcjjjg^#<£ i v>A;
      187 words
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      160 7 CENTRALBusiNEss 1 SjilSyßfcfc. FROM THE GROUND UP. ■'SS S $i* w g I afe S-J'gjj;;!!!! J J I'l youll findthe five storey high HBttkMki i-';;;;.,.;!!!! glass lobby spectacular, the I B-Cia• 5 S jfii'jfc *rW specially commissioned so x7O ft ~l' B i tl»* l 1 MURALS BYWORLD RENOWNED ARTIST
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  • REST OF ASIA
    • Article
      Lock icon Indian govt faces pressure to slow economic reforms
      381 8 AFP NEW DELHI As foreign investors clamour for faster liberalisation. India's embattled Congress (I) party government is facing intense domestic pressure to slow economic reform or lose power. Still to recover from the December loss of two prized bastions in southern state
      AFP  -  381 words
    • Article
      Lock icon Former NZ minister floats tax-free vision for country
      300 8 AFP WELLINGTON A onetime finance minister who staged the most radical and controversial economic reforms seen in New Zealand history yesterday floated his vision of a country free of personal and company taxes if his newly-formed party wins elections due by 1997.
      AFP  -  300 words
    • ASIA NOTES
      • Article
        Lock icon Hewson quits Australian politics
        49 8 Reuter CANBERRA John Hewson, the economist whose fiscal policies led Australia's opposition to unexpected defeat at the 1993 election, quit politics yesterday. The former leader of the LiberalNational conservative opposition said he could no longer make a worthwhile contribution to the nation's political life. Reuter
        Reuter  -  49 words
      • Article
        Lock icon Probe into leading charity
        55 8 Reuter CANBERRA The Australian government yesterday said it would investigate claims that aid agency Care Australia misused funds, mismanaged relief operations and misled UN agencies. The allegations against Care Australia, part of Care International, were raised by former Care employees in a report on Channel Nine's
        Reuter  -  55 words
      • Article
        Lock icon Japan's Jan retail sales down 2.7%
        55 8 AFP TOKYO Japan's retail sales in January fell 2.7 per cent from a year earlier for the second consecutive year-on-year fall, the trade and industry ministry said yesterday. It said department store sales fell 5.2 per cent for the month, while supermarket sales edged
        AFP  -  55 words
      • Article
        Lock icon Pakistan leather garment exports hit
        57 8 AFP KARACHI Pakistan's leather garment exports have sharply declined due to shortage of finished leather, throwing 60.000 people out of jobs, exporters said. Exports of value-added leather items declined from US$256 million (*****.2 million) during the second half of 1993 to US$2O5 million in the
        AFP  -  57 words
      • Article
        Lock icon Japan to lift curbs on phone lines
        58 8 AFP TOKYO Japan's posts and telecommunications ministry plans to lift a ban on connecting leased company phone lines with public phone lines by the end of 1997, officials said yesterday. It will first allow one end of a leased line to be connected
        AFP  -  58 words
    • Article, Illustration
      Lock icon Stepping into the hundredth year
      99 8 Reuter BOMBAY Indian Gandhian leader Morarji Desai, who turns 99 today, is surrounded by his great-grandchildren at his home here. The world's oldest living former premier will enter his 100 th year amid prayers and religious rites. But for Mr Desai, the occasion holds no
      Reuter  -  99 words
    • Article
      Auckland faces dire shortage of hotel suites for ADB meeting
      414 8  -  From Mike Simms in AUCKLAND HOTELS in New Zealand's biggest city have been stretched beyond their limits by demand for luxury suites for the annual meeting of the Asian Development Bank to be held here in May. A company acting
      414 words
    • Article
      Lock icon Aussie trade deficit seen falling but still above A$2b in Jan
      356 8 Bloomberg Business News CANBERRA Australia's current account deficit in January is expected to have narrowed but will be the third successive monthly trade deficit in excess of As 2 billion (Ss2.l billion), analysts said. The current account deficit, to
      Bloomberg Business News  -  356 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      1170 8 n OVERSEAS UNION SECURITIES LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Overseas Union Securities Limited wishes to announce: AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1994 The Group The Company 1994 1993 ♦/<•) 1994 1993 ♦/!•> ss'ooo srooo ss'ooo srooo Operating Income 8,844
      1,170 words
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  • THE WORLD
    • Article
      Lock icon US wants early deregulation of EU telecom markets
      436 9 Reuter, AFP BRUSSELS The United States hopes to achieve a multilateral trade deal on telecommunications services that could bring about early deregulation of the sector in the European Union. US Trade Secretary Ron Brown said on Sunday that the US delegation was
      Reuter,; AFP  -  436 words
    • Article
      Lock icon World markets await Canadian budget
      403 9 Reuter TORONTO The Liberal government is expected to put forward late yesterday one of Canada's most important budgets in years as financial markets alarmed by the Mexican crisis demand tough measures to bring down chronic deficits. Prime Minister Jean Chretien could sorely test his lofty
      Reuter  -  403 words
    • Article, Illustration
      Lock icon Animal energy still counts
      55 9 Reuter JERUSALEM A Palestinian man filling up the tanks on his donkey with diesel fuel at an East Jerusalem petrol station >esterday. The man uses his donke> to deliver the fuel to Arab bakeries in the Old City where the streets are often too narrow for
      Reuter  -  55 words
    • WORLD WATCH
      • Article
        Lock icon Chirac promises tax reforms
        78 9 Reuter PARIS French presidential candidate Jacques Chirac yesterday pledged a major overhaul of the country's tax system to encourage employment and investment over speculation. He also said that France could hold a referendum as early as 1996 to vote on institutional reform in the European Union.
        Reuter  -  78 words
      • Article
        Lock icon US restates support for Nato chief
        91 9 Reuter BRUSSELS United States Vice-President A 1 Gore yesterday restated Washington's unequivocal support for embattled Nato secretary-general Willy Claes and said he hoped the alliance's relations with Russia would soon be back on track. The Belgian ex-foreign minister is under fire for not admitting
        Reuter  -  91 words
      • Article
        Lock icon Illegal capital flight from Russia
        57 9 AFP MOSCOW The illegal flight of eapital from Russia in 1994 was about USSSO billion in 1994. Interfax on Sunday quoted an interior ministry official as saying the illegal capital outflow was rising at the rate of US$l.5 billion to US$2 billion a month much
        AFP  -  57 words
      • Article
        Lock icon Yeltsin's popularity still low: poll
        65 9 AFP MOSCOW Boris Yeltsin's low popularity rating was hardly changed in February, with only 7 per cent of Russians saying they had confidence in their president. According to a poll, released on Sunday, 71 per cent of Russians did not have confidence in Mr Yeltsin,
        AFP  -  65 words
      • Article
        Lock icon ANC condemns walkout by Zulu rivals
        35 9 AFP CAPE TOWN President Nelson Mandela's African National Congress issued a strong condemnation on Sunday of last week's walkout from parliament of the Zulu nationalist Inkatha Freedom Party. AFP
        AFP  -  35 words
    • Article
      Lock icon Top Russian officials meet for talks on rebuilding Chechnya
      236 9 AFP MOSCOW High-ranking Russian officials are converging on Mozdok. the Russian base for operations in Chechnya, for talks on rebuilding the war-battered breakaway republic, the news agency Interfax reported yesterday. President Boris Yeltsin's special envoy for Chechnya, first deputy prime minister
      AFP  -  236 words
    • Article
      Lock icon Saddam vows to beat sanctions as US pushes for retention
      209 9 Reuter BAGHDAD As the United States lobbied United Nations Security Council members to keep sanctions on Iraq, President Saddam Hussein said his country had enough power and resources to make the embargo "something of the past". In remarks published in
      Reuter  -  209 words
    • Article
      Lock icon Entrepreneur McCaw bowing out of US phone auction
      456 9 Bloomberg Business News BRUSSELS After pushing prices for new wireless telephone licences skywards during the last three months, entrepreneur Craig McCaw said he's "fading" from the US government's auction of the airwaves. However, the 45-year-old cellular telephone industry billionaire said in an
      Bloomberg Business News  -  456 words
    • Article
      Lock icon American employers bullish on second quarter: survey
      389 9 Reuter CHICAGO Thirty per cent of all companies in the United States plan to expand staff in the second quarter and only 7 per cent foresee cutbacks, according to a key quarterly report that calls the hiring outlook the best in five years.
      Reuter  -  389 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      157 9 r 4r > The Golden Age... An em dedicared to The penpecTion of Time. Jm iB6O, Jac<jues Didisheim set up a watch company in La Chaux de Fonds, Switzerland. He named it Juvenia to conjure up a picture of youthful radiance and spring. Today, Juvenia presents The Golden Age Collection
      157 words
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  • PROPERTY & CONSTRUCTION
    • Article
      Ipoh Garden to bid for Sydney waterfront project — again
      428 10  - Ipoh Garden to bid for Sydney waterfront project again The company declined the project in 1991 because of poor market conditions, reports Florence Chong Florence Chong IPOH GARDEN (Australia) is making a bid once more for the mult i-mil lion-dollar Walsh Bay redevelopment project on Sydney's waterfront. The company had
      428 words
    • Article
      PROPERTY WATCH
      169 10 Selected transactions in the past week m* rm -PfBVATl Feb 20,1995 2057 The Windsor Apt3 1400 ffl l 820,000 586~ iFeb 20,1996 1543 Maryland Park Condo3+1 1636 FH 800,000 489 [Feb22,1995 2056 Bishanpari< Condo3+1 1270 L99 800,000 630 k Feb23,1995 1545 Ocean Park Condo3 1872 FH 1,050,000 561
      169 words
    • Article, Illustration
      Lock icon Office occupancy rates in KL falling
      1007 10 Despite an eight-fold increase in retail space last year, the sector's outlook remains bright, says a report SCMP Although many firms are moving out of Kuala Lumpur to escape pollution, traffic congestion and high operating costs, office space in the city still increased during
      SCMP  -  1,007 words
    • Article
      Lock icon Half of shops in Kobe main street reopen for trade
      322 10 NYT KOBE'S main shopping street bustled with activity last Sunday with about 45 per cent of stores opening for business after being closed for weeks after the Great Hanshin Earthquake. Thousands of shoppers crowded Sannomiva Center-gai (street) in Kobe's Chuo
      NYT  -  322 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      168 10 mJm VWfl9PJ*^E^nm£^HHßBfew A f Pf VPiIMCIi i'.')'J#w*w fc' I HIWBfMIs*' r XiEBfIHeMH^SHi^KI^KEHHHIN^^BaHPVBnPf«»VPvinMPBHHnBVSnraR9^RnBHHnPVVvPn^^a9P »UKff Large land area of 52,151 sq ft I V Potential residential plot ratio of 1.6,10 storeys Perfect for condominium redevelopment I Lr Freehold title i iff Close to Orchard Road/CBD \l Excellent accessibility and convenient For investment
      168 words
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      Page 10 Advertisements Column 2
      139 10 iffnnmiiiiifir3kinirifnni J Prime Office/Retail Space For Sale I Most talked-about building in Shanghai Completed 1994 J Existing tenants include Jardine Fleming, J Shimizu Corp, Hitachi Zosen, Sumitomo J Corp. Metal Industries J Whole floors available J Suitable for owner-occupation or invest- J ment (expected yield 13.7%) 2 •No capital gains
      139 words
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  • SPORTS
    • Article, Illustration
      Lock icon Pavin returns to conquer Riviera
      566 11 NYT LOS ANGELES There are certain givens in sports: You don't hang a curveball to Frank Thomas, you don't try to single cover Jerry Rice and you don't outduel Corey Pavin at Riviera Country Club. This latest addition to the list of sports axioms was
      NYT  -  566 words
    • Article, Illustration
      Lock icon New Asian golf tour to include four new majors worth US$500,000 each
      179 11 Reuter HONGKONG The inaugural Asian golf tour will announce its long-awaited schedule today after last-minute negotiations brought Vietnam and Myanmar onto the 20-stop programme. But it is widely believed four new "majors" will be scheduled, worth US$5OO,OOO (*****,000)
      Reuter  -  179 words
    • Article
      Lock icon Pacers overcome Dallas
      37 11 AFP INDIANAPOLIS Dallas Maverick Lorenzo Williams (44) challenging Indiana Pacer Rik Smits for a rebound during first half action on Sunday here. Smits scored 28 points to help the Pacers beat Dallas 100-92. AFP
      AFP  -  37 words
    • Article
      Lock icon Price beats pal in error-ridden showdown
      461 11 Alfred Dunhill Challenge AP JOHANNESBURG Nick Price sounded almost apologetic. He beat his friend, Greg Norman, in a showdown of the world's top two players to help Southern Africa win the inaugural Alfred Dunhill Challenge over Australasia on Sunday. "It's tough when you have
      AP  -  461 words
    • Article
      Lock icon Team New Zealand sailors ruling the waters
      352 11 AFP SAN DIEGO, California New Zealand, who has been becalmed in the last three America's Cup series after a flying start, appears ready to break the trend. "It's different this time," said Peter Blake, whose Team New Zealand is undefeated after 18 races
      AFP  -  352 words
    • SCORE CARD
      • Article, Illustration
        Basketball
        212 11 'NEW YORK NBA Sunday: Orlando 105 Chicago 103; Indiana 100 Dallas 92; Denver 96 Utah TIO. Minnesota 106 Miami 99; Phoenix 103 Charlotte 92; NY 104 'Philadelphia 99; San Antonio 129 Golden State 99. Standings (W L Pet GB) Eastern Conference, Atlantic Division: I Orlando 42 13 .764 2
        212 words
      • Article, Illustration
        Cricket
        45 11 WANGANUI, New Zealand Sri Lanka were 170 for six wickets at the close of the second day of their four-day match against a New Zealand Selection yesterday. Scores: Selection XI 327 (D Murray 182). Sri Lanka 170 for six (S Jayasuriya 51 not out).
        45 words
      • Article, Illustration
        Golf
        300 11 PACIFIC PALISADES, California US$l.2 million Nissan Open final round Sunday (US unless stated): 268 Corey Pavin 67 66 68 67 271 Jay Don Blake 69 67 66 69. Kenny Perry 70 62 68 71 272 Scott Simpson 70 66 68 68. Craig Stadler 67 68 67 70 273 Jodie
        300 words
      • Article, Illustration
        Equestrian Sports
        51 11 BOLOGNA, Italy World Cup show jumping event Sunday: I Jan Tops (Neth) Top Gun 36.50 sec; 0 faults 2 Frankie Sloothaak (Gcr) Weihaiwej 36.71; 0 3 Stanny van PaesSthen (Bel) Iko Polo 38.66; 0. World Cup standings: I equal Tops; Ludger Bccrbaum (Gcr) 74 3 Michael Whitaker (GB)
        51 words
      • Article, Illustration
        Tennis
        39 11 STUTTGART, Germany U552,125 million Kurocard Open final Sunday: Richard Krajicek (Neth) b 5-Michacl Stich (Gcr) 7-6 (7-4) 6-3 6-7 (6-8) 1-6 6-3. PHILADELPHIA U*****,250 US Indoor final Sunday: Thomas Enqvist (Swc) b 3-Michael Chang (US) 0-6 6-4 6-0.
        39 words
    • SIDE LINES
      • Article
        Lock icon Ma's army running for the bar
        122 11 Reuter BEIJING Former members of China's world-beating "Ma family army" distance running team, including double world record holder Wang Junxia, want to become lawyers, the China Sports Daily said yesterday. But the track stars will not hang up their running shoes just yet, it
        Reuter  -  122 words
      • Article
        Lock icon Karlsson scores first European win
        86 11 Reuter VALENCIA, Spain Sweden's Robert Karlsson shot a final par round of 72 to score his first European Tour victory in the Mediterranean Open on Sunday as his main rivals failed to mount challenges. Karlsson led from start to finish following a course record 64
        Reuter  -  86 words
      • Article
        Lock icon US recaptures Chrysler Cup
        115 11 AP ACAPULCO. Mexico Jim Colbert and Jim Dent won the first two singles matches of the day on Sunday and the United States went on to recapture the Chrysler Cup 11-5 from an international team of seniors. Colbert, the US captain, beat his international counterpart. Bob
        AP  -  115 words
      • Article
        Lock icon Enqvist beats Chang in US Indoors
        109 11 AFP PHILADELPHIA, Pennsylvania Sweden's Thomas Enqvist rallied from a set down to win the final seven games and beat defending champion Michael Chang on Sunday in an odd finish to the US Indoors. The 0-6. 6-4, 6-0 victory here was worth USS 110.000 (*****,500).
        AFP  -  109 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      315 11 TOLL —FREE TEL. No. 1-800-741-1883 i'AX:74I-1298 4-STOREY SHOPHOUSE FV y/s T For Sale By Tender Location: 273 South Bridge Road (Within the Chinatown Conservation Area) Land Area 287sa m/3,0895a ft sP? Total gross floor area Approx. 933.435 a m/ 10,047 sa ft Tenure 999 years wef. 1 October 1823 Tender
      315 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      920 12 Nothing Boflte A BuH. where t wine > |me an entertain OK I number.. From W^4o*^«^ Mpped I i.«. MM >• TW r *-■'zZLX?*- I TT- s ,u I Sißg ,p«relo24. 1 *jKHklwB Leave the nitty gritty of organising your annual dinner dance to our banquet team. WEEKDAY i $350++
      920 words
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      Page 12 Advertisements Column 2
      393 12 oTzzs, P SJOO++ ('Birthday Maximum of IL——— Maximum of TactyeC- 15 persons) 10 persons) $180++ (*<<«>n">nof Bpersons) 3C7V %pom for a song. ?or rwrnufu-iu. ra/iT au »t 7J4 bIS I between IOJOam and 6Jopm SJI 6JIO after SJO/m. LiKciiy Tntes art subject to ttrtnu charge andpmMrifiw government iuqis including QSTat
      393 words
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  • LIFESTYLE
    • Article, Illustration
      Marking 100 years of movie magic
      667 13  -  From historic magic lanterns to the latest film offerings from East and West, the Singapore Film Festival has got it all, writes Susan Tsang Susan Tsang A FACT that has gone largely ignored in Singapore, home of the most avid cinemagoers in the world,
      667 words
    • Article, Illustration
      Lock icon Isabelle Adjani collects another Cesar
      433 13 CHATTERBOX Reuter AP AP AP FRENCH film star Isabelle Adjani took the best actress award at France's equivalent of the Oscars for her role in La Reine Margot (Queen Margot), a gory epic on 16th century religious wars. The Cesar prize for best French film
      Reuter; AP  -  433 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      407 13 WHERE TO WINE, DINE AND ENTERTAIN U ~11 »i lWiMi Hi ~nl O Olde English Eating House ||l I 277 Orchard Rd #02-38 Specialists' Centre S (0923) I H I Mm When you spend $25/- or more at Fosters for lunch Hp or afternoon tea from Mon-Sat, show us your
      407 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1073 13 1 TV RADIO The Appenzell Railways, 11pm, ch 12 **rnim mm Canton Appenzell is the small- i est eanton in Switzerland, but PW'/^ 1 V its ralway company is a giant M M the business. Ul Starting from picturesque Gos- J sau. we chug to the Abbey city jg*; of
      1,073 words
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  • Article
    How do you regulate greed?
    547 14 EDITORIAL I T IS shocking indeed that a lone rogue derivatives trader has caused the downfall of Barings pic. This is no naive county administration or a company whose directors had no clue what derivatives are or the risks involved. This is a venerable. 233-year-old
    547 words
  • WHAT THE OTHERS SAY
    • Article
      A cautious step forward
      217 14 TAIWAN'S RESPONSE last week to Chinese President Jiang Zemin's Lunar New Year speech matched the measured contents and tone of the mainland's overtures. The reasons for both the overtures and the caution, on either side, are domestic and international. Mr Jiang's speech was meant to impress
      217 words
    • Article
      Consume less water
      167 14 THREE DAYS without water would be fatal for any ordinary human being. Prosperity would be meaningless without it. The stern message from Prime Minister Goh Chok Tong on water consumption recently encapsulates a strategic meaning. We are dependent on our immediate neighbours, particularly Johor, for our water.
      167 words
    • Article
      Good to shame molesters on TV
      152 14 WHILE the number of ordinary criminal cases has been falling in recent years, some types of offences, including cheating and molest, are on the rise. This is a great cause of concern for parents and working women who often have to return home late.
      152 words
    • Article
      Invest in R&D to keep the edge
      169 14 ACCORDING to the World Competitiveness Report 1994, Malaysia is the 17th most competitive nation in the world, outperforming many developed countries including Finland, Belgium and even Italy, a member of the elite Group of Seven (G7) leading industrial nations. It was the first
      169 words
    • Article
      Hit bad drivers hard
      157 14 NON-NEGOTIABLE maximum fines to curb the excesses of undisciplined drivers would, in all likelihood, arrive at the preservation of some semblance of order on our roads. Given man's almost natural revulsion to parting with his money for other than consumer pleasures, a threat to their pockets
      157 words
    • Article
      Inappropriate technology
      179 14 TO MANY INDONESIANS, the IPTN is a luxury the struggling nation, with an estimated 27 million people living in poverty, can ill afford. Indonesian workers are among the lowest paid and least skilled in South-east Asia, and many parts of the sprawling archipelago do not have electricity or
      179 words
  • Article, Illustration
    European trade unions look in the mirror
    1009 14  -  As growing unemployment makes workers more anxious, EU trade unions are reassessing their role and struggling to keep membership up. Salil Sarkar reports Salil Sarkar The writer is a Paris-based journalist who contributes to BT UW -W y E have to o rinB
    1,009 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      23 14 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... I To advertise your Appointments or Notices, call toil-free 1-600-741-1883 f The Strait* Time* I
      23 words
    • Advertisement
      Page 14 Advertisements Column 2
      338 14 p INRiKe I An SPH AudioTex Service IN ENGLISH NUMBER Children's Funland 910 0001 Boys A Girls Come Out To Play Us borne Book Line 910 0002 Brave Words Indeed Horse Racing Results 911 0001(*) 4D/Sweep/Toto (Draw No 950) 911 0002(*) Tele-Games 911-0003 Crack The Safe A Mrs Wizard's Crystal
      338 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      89 14 iTHPisjKS fofc R'NG'NG G w e 1 S?eJ\*S*& ....OONTT T\me To DROP PmsJD y Voooe URNTS \rt US CFFiCB \L\GHT R CPvMDV-6. «»MOC*tiOHCWiwim.Tp.mm« 1 I 9366 DOONESBURY GARRY TRUDEAU MRSPEAKER ?I If UHY? DOTING IN H/6H SCHOOLS IHENONEOOf THINKUZMI6HT THATS 15 SIMPLY OUT OF CONTROL! I FROM BfTTER lUJOKBUP PERMISSION
      89 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Contest to guard the nest-egg
      1460 15  -  While John Gapper finds more banks eagerly offering private banking services as the number of very rich people grows worldwide, lan Rodger discusses how the world's most popular private banking centre is responding to the new competition. John Gapper, Ian Rodger FT AS international banks
      FT; Source: Chase Manhattan Private Bank, 1993  -  1,460 words
    • Article
      Lock icon A discreet welcome from the Swiss
      620 15 FT THE RUSH of many of the world's big banks into international private banking might be expected to rattle the Swiss, who have long dominated this lush terrain. Statistics arc hard to come by in this most discreet of businesses, but Swiss banks collectively
      FT  -  620 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      34 15 fof STRAIGHT TALK You shouldn't have to read \y" between the lines t j .Yi >Titer x to get the full picture. Companies Markets. Everyday. f SINGAPORE f f Business Times WE KHOW ASIA
      34 words
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      Page 15 Advertisements Column 2
      41 15 Financial News Kill A Quick Look At The I I Market I I Call 24 hours a day for I SES KLSE I I reports, I market reports business news. Cost: 30 cents a minute Organised by: An SPH AudioTcx Service
      41 words
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      Page 15 Advertisements Column 3
      50 15 MULTI-COMPANY MULTI-DEPARTMENT MULTI-CURRENCY With FACT, all this is easy. Accounting can be fun. With Instant Accounting Power, see your up-to-date P&L and Balance Sheet, Inventory and MIS Reports with never-done before ease. KjjMgteX Don't take our word for it. See the power instant yourself. Toll Free 1800-*****32 AC powe™ G
      50 words
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  • Article
    MARKET SUMMARY
    163 16 Stock market indices Monday Change STII 2,094.10 -20.42 KLSEComp 953.79 -16.66 Nikkei 16,808.70 -664.24 Hang Seng 8,126.65 -92.30 SET Index 1,270.77 -23.42 Jakarta Comp 452.57 -2.13 Manila Comp 2,484.45 -103.46 Taipei WPI 6,388.57 -202.79 Seoul Comp 894.60 -18.00 Bombay BSE30 dosed CLSA China B 807.76 -12.54 Aust All
    163 words
  • Article
    US corporate chiefs hail copyright pact with China
    238 16  -  From Leon Hadar in WASHINGTON TRADE officials and heads of major US companies say the accord resolving the SinoAmerican dispute over intellectual property rights opens the door to growing commercial ties and improves the atmosphere for negotiations over China's membership of the
    238 words
  • Article
    Lock icon Fed will first raise, then cut rates this year: economists
    623 16 Reuter Bloomberg WASHINGTON The US Federal Reserve will at first raise interest rates during the next several months, and then begin to cut rates late in 1995, a National Association of Business Economists forecast says. The survey of 48 NABE
    Reuter; Bloomberg  -  623 words
  • Article
    Lock icon Manila stems peso's fall by dumping dollars, raising borrowing rates
    419 16 AP MANILA The Philippines yesterday moved to defend its currency, raising borrowing rates by 10 per cent and selling millions of dollars to shore up the peso and dispel fears the country was heading down the same path as Mexico.
    AP  -  419 words
  • Article, Illustration
    Lock icon Gem of a find
    78 16 Reuter HONGKONG Potential Hongkong buyers looking over a range of unique Australian opals on display at the world's first ever major opal auction yesterday. The colourful gemstones, which require a large supply of water to wash away dirt, were put on the market by miners from
    Reuter  -  78 words
  • Article, Illustration
    Bidding for infrastructure projects must be transparent
    878 16  -  The Bottom Line SN VASUKI SN VASUKI The writer is BT's senior correspondent specialising in regional infrastructure THIRTEEN international consortia are bidding to build Singapore's first light rail transit (LRT) system. Though the price tag of SS3OO million is modest, compared with other
    878 words
  • Article
    Lock icon 3,000 white-collar workers join German metals strike
    298 16 AP Reuter MUNICH Germany's largest union said yesterday that more than 3,000 white-collar employees had unexpectedly joined nearly 12,000 metal workers striking Bavarian metals and electronics companies. Also, more than 1,000 workers at the Airbus plant of Daimler-Benz Aerospace in Bremen struck for
    AP; Reuter  -  298 words
  • Article
    Lock icon Alcatel unit wins Shanghai water contract
    107 16 Bloomberg Business News PARIS Alcatel Alsthom SA yesterday said one of its units has won a contract to plan a US$65O million (***** million) water purification plant for Shanghai, China. The unit, Sogreah Ingenierie, will conduct a feasibility study for modernising a water treatment
    Bloomberg Business News  -  107 words
  • Article
    Lock icon Taiwan to farther expand exchanges with China
    297 16 AFP TAIPEI Taiwan yesterday decided to further expand exchanges with arch rival China, in a move seen as a response to Chinese President Jiang Zemin's recent proposals for peace talks and protection of Taiwanese investments on the mainland. The cabinet-level Mainland Affairs Council
    AFP  -  297 words
  • Article
    Lock icon Mark surges as investors seek safe haven
    505 16 Bloomberg Business News LONDON The deutschemark surged against other currencies yesterday, reaching record highs against the pound and the lira, as investors sought a safe haven from the financial turmoil sparked by the collapse of Barings pic. Barings, the UK's oldest merchant bank,
    Bloomberg Business News  -  505 words
  • Page 16 Advertisements
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  • COMPANIES & MARKETS
    • Article, Illustration
      Scotts almost doubles interim profit to $2.9m
      350 17  -  By Abdul Hadhi SINGAPORE Scotts Holdings almost doubled its interim earnings to $2.9 million for the six months ended last Dec 31 and is looking forward to even better figures for the full year. Group executive director Iqbal Jumabhoy said yesterday that the
      350 words
    • Article
      Share investors nibble, property buyers upgrade
      575 17  -  By Tan Su Yen SINGAPORE Psst... Have you got a tip? A recent survey published in the Singapore Business magazine found that the Singapore investor was always on the lookout for a good tip. And when it comes to property, upgrading is still a
      575 words
    • Article
      OUS earnings up 2.4 times to $6.9m
      284 17  -  By Soh Tiang Keng SINGAPORE Overseas Union Securities (OUS) the closed-end fund of Overseas Union Bank yesterday reported a 2.4-time jump in group net earnings to $6.95 million for the year ended Dec 31, 1994. The improvement was due largely to a change
      284 words
    • Article
      HK hotel counters look good in the short term as room supply shrinks
      567 17  -  HOCK LOCK SIEW by Lim Soon Neo HONGKONG In the 1980s, the constant sound of piling usually meant another posh hotel was springing up in the territory to cater for an increasing flood of pleasure-seekers and business
      567 words
    • Article
      Lock icon NSTP may set up M$500m newsprint plant with partners
      315 17 Bernama KUALA LUMPUR The New Straits Times Press (M) Bhd plans to set up a newsprint plant with an investment of more than Mssoo million (Ss2Bs million) in view of the increasing cost of imported newsprint. NSTP managing director Mohd Noor
      Bernama  -  315 words
    • Article
      FCC takes substantial stake in YHS for $29.5m
      170 17 SINGAPORE Propertybased First Capital Corporation (FCC) has bought a 5.5 per cent stake in Yeo Hiap Seng Ltd (YHS) for about $29.5 million, making it one of the beverage company's substantial shareholders. The stake was bought last Thursday through whollyowned subsidiary Camerlin
      170 words
    • EYE on your STOCKS
      • Article, Illustration
        UNCERTAIN
        46 17 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance. Credit Lyonnais Securities, Daiwa. Fraser. GK Goh, Kay Hian. Morgan Gren/ell, OngCo, Nomura. Phillip. Smith New Court, WI Can ana SG Warburg.
        46 words
      • Article, Illustration
        HOT STOCK
        96 17  -  Quak Hiang Whai MULPHA International is going through a correction after rising sharply from late January. Bearish divergence is seen in its oversold daily RSI, while the daily MACD is displaying a bearish signal a possible crossover from above zero. Prospective buyers should therefore wait for further dips
        96 words
    • COMPANIES
      • Article
        Lock icon Judge urges rivals in KFC (M) to settle dispute out of court
        298 18 AFP KUALA LUMPUR Two rival factions locked in a legal battle to protect their shareholding in US-based Kentucky Fried Chicken's Malaysian operations were yesterday urged by a local judge to settle the dispute out of court. Richard Talalla,
        AFP  -  298 words
      • Article
        UNIT TRUSTS & FUNDS
        558 18 UNIT TRUSTS FUNDS Managers' prices Feb 28 US Or Fund 100 1 04" Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.58 1.67 Unilund 1.33 1.39 The Savings Fund LSI 160 Umbond F02 1.045 S pore Prog Fund 0.58 0.62 United Gr Fund! 1.55 161 S pore See Fund
        558 words
      • Article, Illustration
        Lock icon MBf Capital pre-tax profit soars 31%
        385 18 Bernama KUALA LUMPUR MBf Capital Bhd has announced a 31 per cent jump in group pretax profit to Ms3o3 million (S$ 172 million) for the year ended Dec 31, 1994, from MS23I million in 1993. This was recorded on the back of a turnover
        Bernama  -  385 words
      • Article
        Lock icon Khong Guan leads KL trading
        319 18 Market speculation is that it will take over bank Bloomberg Business News KUALA LUMPUR Cookie maker Khong Guan Holdings Bhd led trading on the Kuala Lumpur Stock Exchange yesterday on speculation that it will take over the local branch of a foreign bank. Khong Guan
        Bloomberg Business News  -  319 words
      • Article
        Lock icon UMW posts 29% rise in pre-tax profit
        227 18 Bernama KUALA LUMPUR UMW Holdings Bhd yesterday reported group pre-tax profit of M$ 113.41 million (5564.6 million) for the year ended Dec 31, 1994 up 29.5 per cent from 1993. Group turnover rose by 21.6 per cent to M 52.204 billion. At the
        Bernama  -  227 words
      • COMPANY BRIEFS
        • Article
          QAF unit buys HDB shophouse
          57 18 SINGAPORE Wholly-owned QAF subsidiary Smart Supermarket has bought a Housing and Development Board shophouse in Aljunied Avenue 2 for $15.5 million cash from Home of Homes Furniture Furnishings. The 2,705-square-metre premises are on an 86-year lease that has 84 years to run. Smart funded the
          57 words
        • Article
          SCS ups stake in Thai venture
          27 18 SINGAPORE Singapore Computer Systems has increased its stake in SCS Computer Systems (Thailand) from 33.3 per cent to 49 per cent.
          27 words
        • Article
          Jaya forms shipmanagement arm
          39 18 SINGAPORE Jaya Holdings has incorporated a subsidiary called Jaya Shipmanagement to offer shipmanagement and supporting services to shipowners and operators in the liner shipping business. The authorised and paid-up capital of JSM is S 100,000.
          39 words
        • Article
          Lock icon Olympia suspends betting games
          59 18 Bernama KUALA LUMPUR Olympia Industries has halted the games "Sweepstakes" and "I+3D" because of official inquiries into whether they are within the scope of its new gaming licence granted by the Federal Treasury. The licence replaces one granted by Sabah authorities. Olympia said its "Lotto", "3-D"
          Bernama  -  59 words
        • Article
          Lock icon D Keramat to sell UMBC stake
          67 18 Bernama KUALA LUMPUR Datuk Keramat Holdings says its whollyowned subsidiary UMBC Holdings has asked Bank Negara for approval to start negotiations on selling its equity stake in United Malayan Banking Corporation. Sime Darby said last weekend it was waiting for approval from the Finance
          Bernama  -  67 words
      • Article
        Delay in sale of Satelindo stake to Cable & Wireless
        502 19  - Delay in sale of Satelindo stake to Cable Wireless Contest between UK firm and Deutsche Telekom still open From Leslie Lopez in JAKARTA THE intense contest for a 25 per cent stake in Indonesia's PT Satelindo may still be open. Although it was reported yesterday that the stake will be
        502 words
      • Article, Illustration
        Lock icon KL Kepong headed for lower earnings: investment adviser
        244 19 Bernama KUALA LUMPUR Lower earnings are likely for plantations group Kuala Lumpur Kepong Bhd (KLK) in 1996 or 1997 since commodity prices are at a peak, said independent investment adviser Capital Dynamics Sdn Bhd. In the latest issue of its weekly newsletter,
        Bernama  -  244 words
      • Article
        Lock icon No surprises expected in Telekom Malaysia results
        338 19 Reuter §KUALA LUMPUR Contrary to rumours which pulled >down Telekom Malaysia Bhd's share price last week, there will £be no surprises in its results $when they are announced tojday, analysts said. They expect Telekom to reImport a 14 per cent higher net of
        Reuter  -  338 words
      • Article
        Globe Telecom assures Manila govt on project financing
        207 19  -  From Al Labita in MANILA LISTED Globe Telecom, the Ayala Corp-Singapore Telecom joint venture, yesterday assured the Philippine government that it could finance its telephone network project. The assurance was in the form of a 1.7 billion-peso (5595.7 million) escrow account the
        207 words
      • Article
        HSBC Holdings still staying away from bond trading
        448 20  -  From Lim Soon Neo in HONGKONG HSBC Holdings, which suffered losses of £123 million (SS2B2 million) on bond and interest-related trading during the first half of last year, has continued to stay away from such trading because the markets arc still not
        448 words
      • Article
        Lock icon Hang Seng Bank's net profit rises 10.6% to HK$7.4b
        385 20 Bloomberg Business News HONGKONG Hang Seng Bank Ltd yesterday said 1994 pre-tax profit rose 11.9 per cent, driven by a rise in customer advances and the sale of investments. Hang Seng, which is 61.5 per cent-owned by HSBC Holdings pic and
        Bloomberg Business News  -  385 words
      • Article
        Lock icon Sime HK sees a tough second half
        123 20 Bloomberg Business News HONGKONG Car and construction equipment distributor Sime Darby Hongkong said its interim profit after tax and minority interests rose one per cent and warned of a difficult second half. The Hongkong-listed company, which is controlled by Malaysian conglomerate Sime Darby
        Bloomberg Business News  -  123 words
      • Article, Illustration
        Lock icon Shanghai suspends free trading in bond futures to limit damage
        392 20 Reuter SHANGHAI Shanghai yesterday suspended free trading in bond futures and instructed investors to unwind positions in a move to limit damage from China's biggest market scandal. The move ofiered immediate relief to Shanghai International Securities, the brokerage firm at
        Reuter  -  392 words
      • COMPANY BRIEFS
        • Article
          Lock icon Seiyu cuts stake in Familymart unit
          86 20 Bloomberg Business News TOKYO Seiyu, a major Japanese retailer, yesterday sold 3.75 million shares, or a 5.73 per cent stake, in its convenience chain store subsidiary Familymart to a Seiyu affiliate, the companies announced. The sale was intended to offset losses that Seiyu incurred
          Bloomberg Business News  -  86 words
        • Article
          Lock icon Major US brewer seals China deal
          64 20 Bloomberg Business News HONGKONG The United States' largest brewer AnheuserBusch Companies Inc yesterday said it has completed an agreement to buy 80 per cent of a brewery in Wuhan, in central China's Hubei province. It expects to begin producing its Budweiser beer at the
          Bloomberg Business News  -  64 words
        • Article
          Lock icon Randex, Lydex call off merger talks
          75 20 Reuter JOHANNESBURG Exploration companies Randex and Lydex called off" merger talks because they cannot agree on the relative valuations of their assets, a joint statement said yesterday. Randex and Genbel managing director Anton Botha said: "It is virtually impossible to value mineral rights on
          Reuter  -  75 words
        • Article
          Lock icon Clyde's interim profit up 63%
          78 20 Bloomberg Business News SYDNEY Clyde Industries Ltd. an Australian engineering and transport manufacturing group, yesterday said net profit in first half ended Dec 31 rose 63 per cent to A 512.3 million (S$ 13.2 million). Sales revenue rose 57 per cent to A 5324.2 million.
          Bloomberg Business News  -  78 words
      • Article, Illustration
        Lock icon Alan Bond emerges from bankruptcy, for just A$3.25m
        508 21  -  From Peter Lynch in SYDNEY FORMER media and brewing tycoon Alan Bond was freed from one of the world's biggest bankruptcy cases yesterday, and immediately announced he would be setting himself up as a business consultant. The one-time head of the Bond
        Reuter  -  508 words
      • Article
        Lock icon Goodman Fielder and Bunge Group to set up giant baking venture
        592 21 Reuter SYDNEY Goodman Fielder Ltd said it plans to form a baking, flour milling and wheat stareh joint venture with Argent ina-based Bunge Group's Bunge Australia Ltd on July I. Goodman and Bunge will own 67 and 33 per
        Reuter  -  592 words
      • Article
        Lock icon Samsung Electronics posts record sales
        255 21 Bloomberg Business News SEOUL Samsung Electronics Co, South Korea's largest electronics concern, yesterday said earnings rose 527 per cent last year to 940 billion won (S$ 1.7 billion). That was a record for South Korean companies. The world's largest maker of memory semiconductors, Samsung Electronics
        Bloomberg Business News  -  255 words
      • Article
        Lock icon Pyramid, Siemens target IBM and AT&T customers
        266 21 Bloomberg Business News SAN JOSE, California Pyramid Technology Corp and Siemens AG were to begin marketing yesterday a powerful computer, offering special deals to entice customers away from International Business Machines and AT&T. If IBM and AT&T customers switch, Pyramid will offer at
        Bloomberg Business News  -  266 words
      • Article
        Lock icon SEC official cautiously optimistic on ethics training
        166 21 Reuter CARLSBAD, California Richard Roberts, a commissioner at the Securities and Exchange Commission (SEC), says he is "cautiously optimistic" about plans to implement ethics training for securities brokers. "I hope it will be helpful, but it remains to be seen how effective it
        Reuter  -  166 words
      • Article
        Lock icon Australian market undervalued: J B Were
        281 21 Reuter MELBOURNE Stockbroker J B Were and Son says its fundamental value model for the Australian share market indicates a fair value target for the key All Ordinaries index of 2,170 points for June 1995 and 2,370 for December 1995. The broking house said
        Reuter  -  281 words
      • Article
        Lock icon US lobbies for Motorola in dispute with Pakistan
        356 21 Reuter KARACHI The United States government is lobbying for US telecommunications group Motorola in a dispute with Pakistan, which has disconnected users of Motorolamade cellular telephones in Karachi, apparently for security reasons. "This is a battle to be able to do business
        Reuter  -  356 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Nasdaq dealer's harassment claim sparks Federal inquiry
        398 22 Los Angles Times NEW YORK Federal investigators are looking into whether the National Association of Securities Dealers (NASD) has retaliated against a small company that took the lead in narrowing the spreads on several of Nasdaq's biggest stocks, government sources said. The NASD
        Los Angles Times  -  398 words
      • Article, Illustration
        Lock icon China's soaring metals exports cause chaos in domestic market
        385 22 UPI BEIJING China's surging metals exports last year led to excess world supplies of zinc and chaos in its domestic market, an official newspaper has said. "The domestic market for non-ferrous metals is linked with the world market," said Chen Shengnian,
        UPI  -  385 words
      • Article
        Lock icon CFTC not worried about futures shifting overseas
        186 22 Reuter CARLSBAD, California Commodities Futures Trading Commission (CFTC) chairman Mary Schapiro said she was not worried about a shift in global futures volume to nonUS exchanges. "The foreign exchanges were really developing in response to local risk management needs," she said in an
        Reuter  -  186 words
      • Article
        Lock icon Orange County's new broom sweeps clean
        258 22 Reuter SANTA ANA, California The new executive officer of Orange County, California, said he dismissed former administrative officer Ernie Schneider and is seeking the removal of assistant treasurer Matthew Raabe. On Dec 6, Orange County filed for protection under chapter nine of the federal
        Reuter  -  258 words
      • Article
        Lock icon NatWest's investment arm sets sights on global play
        554 22 Reuter LONDON It may be unfashionable in Britain's troubled securities industry, but Nat West Markets (NWM), the investment arm of National Westminster Bank pic, still harbours a desire to become a truly global player. Chief executfve Martin Owen is preparing the ground
        Reuter  -  554 words
      • Article
        Lock icon Fed may up interest rate yet again to rein in US economy, says Prudential
        312 22 Reuter WELLINGTON Funds manager Prudential expects the US Federal Reserve Board to tighten monetary policy again in the face of continued strength in the US economy. Richard Brody, senior vicepresident of equity management at Prudential Portfolio
        Reuter  -  312 words
      • Article
        Wisconsin told to use cleaner petrol
        295 22 Bloomberg ENERGY REPORT LONDON Oil futures were lifted by surging US petrol values after government regulators refused to exempt a state from using cleaner-burning petrol. The US Environmental Protection Agency on Friday rejected the state of Wisconsin's request to opt out of a programme
        295 words
      • Article
        Lock icon Currency Reports:London
        192 22 Reuter LONDON Investors ran for cover to the mark as another bombshell the collapse of British merchant bank Barings hit the currency markets, leaving the dollar looking exposed and friendless. As investors crowded into the safe haven of the mark, it surged to record highs against the pound,
        Reuter  -  192 words
      • Article
        Lock icon New York
        94 22 AFP NEW YORK The dollar sagged against other major currencies except the pound here early yesterday in moderately active trading amid rumors that central banks would intervene to prop it up. At 1500 GMT. the dollar was quoted as trading at 1.4583 marks, down from 1.4618 late Friday,
        AFP  -  94 words
      • Article, Illustration
        Untitled
        1490 22 I raJt- MnffiinJ index calculated againv S'pure'\ lap 14 iraJinr partners Bom; year: 1985 US$/S$ forward rates Noon /Feb 27 St Bid Oder 1-month ***** 1.4499 2-month 1.4450 1 446} 3-month ***** 1 4435 6-month 1.4338 1.4358 Sotmr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m m Feb
        1,490 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Barings scandal dominates markets
        1393 23 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar and Euroyen futures markets were dominated by the Baring futures scandal, which sent the Nikkei 225 futures contract and the Japanese stock market on a rollercoaster. Euroyen futures rallied on the woes of Japanese stocks but the mood was jittery
        Reuter  -  1,393 words
      • Article
        HK gold ends firmer on late buying
        683 23 ENERGY REPORT Gold HONGKONG: Gold closed firmer in quiet, thin trading with most participants sidelined to await hints from overseas markets, particularly further developments in the Barings crisis. Early Japanese selling pressured the price before European buying emerged in late trade. Gold bullion
        683 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Colombian coffee production down
          94 23 NEW YORK The first private cofFee-crop damage estimates are emerging in regard to Colombia's recent spell of dry weather, following news that the country's National Coffee Federation likely will issue a reduced production 1994-95 forecast. A US agent for private Colombian exporters, Dick Escalera. this week
          94 words
        • Article
          Indonesia, Gabon join coffee pact
          98 23 LONDON Indonesia and Gabon have joined the International Coffee Organisation, ICO executive director Celsius Lodder said on Thursday. Lodder said the United Nations had notified him that both countries had completed procedures required under international law to join the International Coffee Agreement 1994, which leads
          98 words
        • Article
          Lower aluminium output to stay: firm
          136 23 COPENHAGEN Norway's Hydro Aluminium said yesterday it would maintain reduced levels of aluminium production "for the time being", despite a recent decision by Spanish producer Inespai to reverse a production cut of around 37,000 tonnes. "We will continue our reduced production for the time
          136 words
    • Article
      COMMODITY PRICES
      1365 23 Rubber Singapore Commodity Exchange (futures dosing as at S.34pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 95 258 00 258.00 259.00 150 400 Apr 257.50 75 1425 May 256.50 2750 Jun 255.50 2200 Jul/Sep 258.50 251.00 254.00 2100 6900 Oct/Pcc
      1,365 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1111 24 -17.9 SHARES in Barings' Australian offshoot, listed broking house Mcintosh Securities, were dumped in early trading here as shockwaves from the collapse of Britain oldest merchant bank hit the local bourse, triggering an across-the-board sell-off. The All Ordinaries Index finished 17.9 points down at 1,893.2. the All Industrials Index
        1,111 words
      • Article
        Manila
        655 24 -103.46 Share prices, already weakened by a peso depreciation and rising interest rates, plunged 4 per cent yesterday, aggravated by the collapse of Barings pic. The PSE Index fell 103.46 points to end at 2,484.45. Turnover was 2.69 billion shares valued at 1.22 billion pesos. "Last Friday, the market
        655 words
      • Article
        Taipei
        634 24 -303.79 Shares slumped across the board as a result of the Barings crisis and interest rate hikes by the Central Bank of China (CBC), dealers said. The Weighted Price Index dipped 202.79 points, or 3.1 per cent, to 6,388.57. Turnover was 1.64 billion shares worth NT566.6 billion. Falls overwhelmed
        634 words
      • Article
        Seoul
        443 24 -18.0 Share prices plummeted yesterday, dampened by the collapse of merchant bank Barings. The Composite Price Index plunged 18.0 points to finish at 894.6 on a thin volume of 22.83 million shares valued at 350.7 billion won. Falls swamped rises by 767 to 52 with 35 shares remaining unchanged.
        443 words
      • Article
        New Zealand
        279 24 -10.53 Share prices ended slightly lower on light volume but held reasonably well, given Tokyo's sharp decline. The NZSE-40 Capital Index ended 10.53 points down at 1,990.21 on turnover of NZ532.7 million. "Overall, it was not a bad performance on the day to finish down just 10 points,"
        279 words
    • WORLD STOCK MARKETS
      • Article
        London
        627 24 -12.4 BLUE chip stocks ended the day down, but considerably higher than their opening lows, with traders expressing surprise at global markets' resilience to the Barings debacle. Dealers worldwide were poised for a massive sell-off, with some talk of a potential 15 per cent slide in UK equities. But
        627 words
      • Article
        Paris
        136 24 -3.57 French shares ended with a slight loss as Wall Street's performance in the last hour lifted shares from the depths they had reached from the start in the fall-out from the collapse of Barings. The CAC-40 Index closed down 3.57 points at 1,802.17. Of the CAC-40 stocks, 11
        136 words
      • Article
        Frankfurt
        157 24 -10.19 German shares edged down slightly at the close, tracking supportive Bund futures prices upwards. Dealers said the market shrugged off the impact of the collapse of Barings. The DAX Index closed at 2,107.40, down 10.19. Frankfurt F*k 27 DM AEG 142 10 09 BASF AC 322 50 -2.3
        157 words
      • Article
        Brussels
        192 24 -7.92 Belgian shares closed lower as the weak dollar, domestic and foreign uncertainty sidelined investors. The Bel-20 Index ended 7.92 points lower at 1,329.61 after trading within a narrow margin between 1,330 and the intra-day low of 1,326.69 for most of the session. Volume, in spite of some basket
        192 words
      • Article
        Milan
        213 24 -112 Italian stocks fell for the sixth day, as bonds and the lira plunged, and UK investment bank Barings revealed massive losses, sending traders scurrying for safer investments. Losses mounted in European stock markets after Barings collapsed over the weekend with losses estimated at more than US$l billion as
        213 words
      • Article
        Amsterdam
        318 24 -1.19 Shares sneezed but did not seem to have caught a serious cold from the collapse of Barings, ending down but well off their worst as New York seemed to take the crisis in its stride. The AEX Index closed off 1.19 points at 409.41 after sliding to 406.72
        318 words
      • Article
        Stockholm
        146 24 -0.67 pc Swedish shares fell shaiply as the collapse of Barings pushed the OMX Index down 0.67 per cent to 1,156.74 in light trade. Brokers said the weak Swedish crown, which plunged along with other European currencies, had the biggest impact on share prices. Turnover was low at 1.650
        146 words
      • Article
        Zurich
        279 24 -15.8 Swiss shares ended lower on dollar weakness and a mild negative effect from the collapse of Barings, dealers said. They said early selling on European bourses after the Barings news was partly corrected later. Today's share prices will depend on the dollar and on Wall Street, traders said.
        279 words
      • Article
        Johannesburg
        291 24 -22.8 South African shares ended softer in quiet trade as market reaction to the collapse Barings and its effect on key world markets continued. Dealers said trade was slow, while a soft gold price compounded negative sentiment, but a weaker finrand offered support at the lows. The Overall Index
        291 words
      • Article
        Toronto
        230 24 -6.70 Stocks eased in sluggish early trading with traders expecting a quiet session ahead of Canada's 1995/96 federal budget, traders said. Banking stocks were depressed early by news that Barings had collapsed. The TSE-300 Composite Index sank 6.70 points to 4,113.40 on volume of 7.80 million shares valued at
        230 words
      • Article
        New York
        683 24 -1.73 The Dow Jones Industrial Average, which rose 8.41 points to a new all-time high of 4,011.74 on Friday, was off 1.73 to 4,010.01 at 1 lam EST. The key barometer was down five shortly after the market opened. The NYSE Composite Index was off 0.57 to 264.29,
        683 words
      • Article
        Untitled
        682 24 Britannia Funds Sterling Cask Bi4 Offer Mim C ap Deposit 3* 6400 3* 6500 Mim Jersey Gill 0.1*93 0 IW Mim Mat luranc .0.9100 0 9500 (JSS Cash Income Plus Fund *9 4*00 *9 9900 PS Rntnc Fund 5 4000 5 4100 Slcrlina Faalv Euro Motaan .0 4592 0 493*
        682 words
    • Article, Illustration
      Lock icon HONGKONG
      2883 25 Bloomberg Business News HONGKONG Stocks dropped as the insolvency of Barings pic rattled investors across Asia. HSBC Holdings, the biggest stock in the Hang Seng Index, led benchmark stocks lower amid concern Barings will sell stocks and other securities to help cover a US$ 1 billion (551.45 billion) derivatives
      Bloomberg Business News; Source: Bridge Info  -  2,883 words
    • Article, Illustration
      Lock icon CHINA
      567 25 CLSA HONGKONG H shares fell 1.1 per cent on turnover of HKS64.B million yesterday. Zhenhai Refining was the biggest loser, shedding 3.8 per cent on turnover of HK$3 million. Luoyang Glass and Qingling Motors were the only counters that recorded gains. Despite strong performance during the morning session, the
      CLSA  -  567 words
    • Article, Illustration
      Lock icon TOKYO
      2552 25 Bloomberg Business News TOKYO Stocks plunged yesterday on news that Barings pic has filed for court-supervised reorganisation because of losses linked to the Japanese markets that have ballooned to more than US$l billion (551.45 billion). "We all know why it is falling, we just don't know when it will
      Bloomberg Business News; Source: Bridge Info  -  2,552 words
    • Article, Illustration
      Lock icon BANGKOK
      1719 25 Reuter BANGKOK Stocks recovered some ground in the second session on buying of banking counters but still ended the day sharply down. The SET Index closed down 23.42 points at 1,270.77. An active 8.2 billion shares worth six billion baht changed hands. "Local fund managers bought banking issues after
      Reuter; Source: Bridge Info  -  1,719 words
    • Article, Illustration
      Lock icon JAKARTA
      1181 25 Reuter JAKARTA Share prices closed lower in slow trading in line with downward trends in refional markets due to a fall-out rom Barings' collapse. "The market is in a position to weather the storm but players appeared to stay on the sidelines waiting to see how things go." one
      Reuter; Source: Bridge Info  -  1,181 words
    • Article
      CLOB INTERNATIONAL
      2279 26 U Gr 19*1*5 LmU Vol Day MOMi Dt» IK» YU Nrt MC« H%h Lam Sdt COO0) High L®" Iqa SHfcr Or P/E imil MALAYSIAN STOCKS -.398 73 m MSB 50c 340 +16 1146 344 220 33* 340 3.0 -19 0.3 34.9 206 77.S m AMDB 50c 109 -7
      2,279 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Barings crisis sparks fall in stocks
        6433 26 Bloomberg Business News KUALA LUMPUR Stocks fell amid concern British investment bank Barings pic must liquidate its holdings of stocks and derivatives to cover losses of more than US$l billion (SSI.4S billion). Still, dealers said they don't expect the impact to last more than
        Bloomberg Business News; Source: Bridge Info  -  6,433 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8317 27 E MAIN BOARD Gr Cr M \V| 19*4/95 I asl Vol Day l ast Quolr Di« Div > M Nel Cap A>g lligli Low Company Sale 47- ("0001 High Low Bayer Stlln C*»r S fit. Smil Price INDUSTRIAL AND COMMERCIAL TJtr 388 ml s Acma 50c 424 -6 109 430
        8,317 words
      • Article, Illustration
        Lock icon Prices recover after early scare over Barings' collapse
        1780 28  -  By Quak Hiang Whai SINGAPORE Share prices recovered from an early scare brought about by the collapse of British merchant bank Barings in a billion-dollar derivatives scandal. All eyes were on Japanese Nikkei futures market after news broke that a trader in
        Charts by Bridge Info; Source: Bloomberg  -  1,780 words
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      Page 17 Advertisements Column 1
      343 17 NEWS VALUE Barings is bust, losses hit $1.6b, but Simex is safe (pg J) Extent of losses still unclear. Makes for volatile trading. Scotts almost doubles interim profit to $2.9 m (this pg) Profit base still small. NSTP may set up Mssoom newsprint plant with partners (this pg) A substantial
      343 words
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      Page 18 Advertisements Column 1
      201 18 cr €m I 7 L %I GUARDIAN OF GREAT VINTAGES LERQY Z)///'y//// s/y >Y/s/f/yy-) PW Ml This ivirie is a product of a biodynamic vineyard This method prohibits the use of all chemicals, including weed killers, pesticides and synthetic fertilizers and also reintroduces the importance of the knowledge of the
      201 words
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      Page 18 Advertisements Column 2
      276 18 I DOMAINE LEROY I I EXCERPTS FROM THE WORLD'S LEADING WINE WRITERS I LEROY cellars a prestigious inventory. "Here we are at the I LOUVRE Museum. These are cultural moments about I wine and its language" JACQUES PUISAIS I I "At LEROY one finds the best wines of Burgundy. I
      276 words
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      Page 19 Advertisements Column 1
      21 19 STRAIGHT TALK 0 You shouldn't have to read between the lines to get the full picture. iCompanies Markets. Everyday. Business Times
      21 words
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      Page 19 Advertisements Column 2
      107 19 r 1 iafS&r&W I ''fl I I I 1 11 I fl K lßSßS»®ri^^i -.sag 1 11 2 Days Left To Power Up Your Business. There's one sure way to power up your business. And that is with an advertisement in the Yellow Pages or i m i IjjSl Talking
      107 words
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      Page 20 Advertisements Column 1
      267 20 Be Among The First At Ttlf flLPtlfl Singapore Science Park II The Alpha. The first of the Greek alphabet, the *y-i j|| j|| DISCOVER THE ALPHA prestigious address for your R&D operations. /""xL-;-;||| Hl— I W Kl^T«lm alo g ,u o to-JRe«-ckuni«fa,e»«, "7ZT* i Sr3C22?'4 s L JI R&D company,
      267 words
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      Page 21 Advertisements Column 1
      49 21 This advertisement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities 28 February 1995 Bayerische Landesbank f Girozentrale (A public law financial institution under the laws of Germany) U.S. $100,000,000 7.75 per cent. Notes due 1997 Lehman Brothers
      49 words
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      Page 21 Advertisements Column 2
      222 21 IsiSli 1 w I— -J g. !T! oo 2 H z El r H n I M iu< M r— -y 41 P| Si c 0 KM 0? I 3 ESQ s s Z Kj Kg s sa si wo as«p* a J? l W 60 4= C s qN
      222 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      772 23 B U S I N E S_S__T_l__M_E_S__ TOLL-FREE TEL. No. l-fIOO-741-1883 FAX:7*I-1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CENTRAL GRAIN CO (PTE) LTD (M MEMBERS'VOLUNTARY LIQUIDATION) Extract of the Minutes of an Extraordinary Genera) Meeting of the members of Central Grain Co
      772 words
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      Page 23 Advertisements Column 2
      36 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Hp offers Bp the most ft l current IF list of job pF opportunities available. Li
      36 words
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      Page 24 Advertisements Column 1
      107 24 The Bombay stock market was closed yesterday ELECTRONIC AIR TRION's Electronic Air Cleaners improve Indoor Air Quality by I T-1300 A FMIOOO (CeiiingUnit/ removing up to 95% of invisible dust and pollutants like smoke pollen, Flush Mounted) spores, mites animal dander, lint etc. The filters do not need replace- JLI
      107 words
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      Page 25 Advertisements Column 1
      105 25 1 Stock Page Classic Service Track the Stock Market Anytime, Anywhere! Because we are linked to the computer systems of the Stock Exchange of Singapore you can track any price movements in your stock shares and make timely decisions anytime, anywhere. The Stock Page Classic Service provides: Top-15 Gainers Losers
      105 words
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      Page 27 Advertisements Column 1
      27 27 In a world of haves and have-nots, it's clear Wh3t some shsvers h3VC. combinationofciicularholesandrectangularslots. Another premier line from J 01 urang 17 G«y«en£ W^ <^'l^!gal*^S^o^ l Fsc
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      Page 28 Advertisements Column 1
      765 28 ">:$*~@;>;/_)!;$|([@*$;;"$$<);- I I The Export-Import Bank of Korea U*****,000,000 Floating Rate Notes Due 1999 f In accordance with the provisions of the Floating Rate Notes, notice is hereby given as follows: Interest Period February 28,1995 to August 31.1995 (184 days) Rate of Interest 6.7375% per annum Coupon Amount: U558,609.03 (per
      765 words
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      Page 28 Advertisements Column 2
      198 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 ANO M THE MATTER OF FEBOLANO INVESTMENT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act. Cap 50 that the Final Meeting of Members of the Company wiM
      198 words
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      Page 28 Advertisements Column 3
      185 28 In the Matter of THE COMPANIES ACT, CAP. 50 And In the matter of FULHAM PRIVATE LIMITED NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act (Cap. 50) that the Final Meeting of Members of the abovenamed Company will be held at the office of Tan Chew
      185 words
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  • Shipping Times
    • Article
      Currency surcharge for S'pore-bound shipments up
      306 29  -  By Rahita Elias SINGAPORE The strong Singapore dollar has prompted a group of shipping lines operating between the US and Asia to raise the currency surcharge for Singapore-bound shipments. Members of the Transpacific Westbound Rate Agreement (TWRA) make quarterly adjustments to currency and fuel
      306 words
    • Article
      Marine underwriter loses $1m appeal
      574 29  -  ADMIRALTY CASEBOOK This is a fortnightly column that highlights important shipping court cases By Ramesh Divyanathan SINGAPORE The Court of Appeal has rejected a marine underwriter's defence that an insured vessel was unseaworthy, not properly surveyed and that its policy did not cover the vessel.
      574 words
    • Article
      Lock icon S African warships to track nuclear waste ship
      199 29 Reuter PRETORIA South African warships will track a British ship loaded with reprocessed nuclear fuel destined for Japan if it rounds the Cape of Good Hope, a navy spokesman said on Friday. "We will monitor her passage around the coast." Commander Stan
      Reuter  -  199 words
    • Article
      Lock icon Vard stays afloat by selling off ferry unit, ships
      183 29 Reuter OSLO Troubled Norwegian shipping firm Vard A/S swung into profit in 1994 largely because it sold its ferry division and three cruise ships, the company said recently. A statement said group af-ter-tax profit was 285 million crowns (Ss64 million) versus
      Reuter  -  183 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      617 29 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 •Ahlers Lines 12 1 Ahrcnkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line, The 9 5
      617 words
    • Article, Illustration
      Lock icon Oriana tests the waters
      67 29 Reuter LEER Germany The 260-metre-long ship Oriana passing through a small water canal of the River Ems between Papenburg and Leer in north Germany during a maiden run on Sunday. The passenger ship was built by the German shipyard Meyer Werft in Papenburg for Britain's P&O
      Reuter  -  67 words
    • Article
      DAILY FREIGHTS
      1179 30 FAR EAST charterers continued their prominent role in fixing tonnage of all sizes and the Baltic Index put on four more points to 2,027. Conditions remained generally steady with early Caper and Panamax vessels now mostly covered. Futures staged small rallies with April edging five up to 2,045
      1,179 words
    • Article
      TRANSPORT DIARY
      600 30 COURSES Title: Principles of Shipping Operations and Practices (SDF 70%) Duration: Mar 7 Apr 21 Organiser Singapore National Shipping Association Tel: For further details and application forms contact SNSA Secretariat at 278-3464 or fax: 274-5079. Title: Effective Written Communication in Shipping Management (SDF 50%) Duration: Mar 7 May
      600 words
    • Article, Illustration
      Lock icon Plain sailing days may be over for insurers
      936 31 Protection and indemnity clubs in the International Group hope the European Commission will renew an agreement to restrict competition. But a tougher stand on anti-competitive practices could work against them Lloyd's List WITH shipowners around the world moving to renew their marine
      Lloyd's List  -  936 words
    • Article
      THE SHIPPING GUIDE
      10696 38 This is a list of ships loading at I Singapore for ports around the N world. It tabulates, by destination, the name of the ship, the shipping I line involved and the estimated dates of arrival and departure from 1 the Port of Singapore. LEGEND PN: ship
      10,696 words
    • Article, Illustration
      Lock icon Shipowners to adopt greener fuel policy
      695 41  -  Tony McAuley reports on moves to tighten pollution rules for ships Tony McAuley Reuter SOME of Europe's major shipowners are looking to adopt greener fuel strategies as international policy makers move towards tighter pollution rules for ships. Pressure to make a contribution towards reducing
      Reuter  -  695 words
    • Article
      SHIPPING AGENTS
      3264 42 A «-B( C ontainerline NV: Belsin Shpg Agencics Pte Hd (SV Marine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Ptc Ud (SVAccord Contr Line (PK/PN). Adkris Business C orporation Philippine Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Album Sen-Air Sen ice: Frata
      3,264 words
    • Article
      COURIER SERVICES
      279 42 Abacus Couriers Td: 545-8011. Fax: 545-1898 Air Express Travel Tel: 533-5771. Fax: 535-6144 Airborne Freight C orporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Td: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Liak International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies A
      279 words
    • Article
      AIR FORWARDERS
      1491 42 Abex Exfras Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroiink Freight International Td: 545-8033. Fax: *****05. TeT3!w9ll. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74. *****50. Air Nfavkct Express
      1,491 words
    • Article
      PORT CONDITIONS
      2301 43 ARGENTINA Diamante, Santa Fe: No vessels berthed, no vessels in roads, no vessels due. San Lorenzo: Six vessels berthed of which 4 loading soya bean meal pellets, I wheat, 1 soya oil, 7 vessels in roads, 14 vessels due at 9 terminals during the coming week. Rosario: One
      2,301 words
    • Article
      CRUISE & FERRY SCHEDULES
      1117 43 CRUISE FERRY SCHEDULES CRUISE SNIPS Ait Dep Nam* of Vessel ETA L I D Forts of Calls Port Agent Telephone No FEBRUARY 28 28 Nautican Jakarta Lines Int'l Holdings 276-7175 28 28 The Empress Cruise to Nowhere Semjom Agencies 227-8284 28 28 Columbus Caravelle Kukup Harpers Shipping 221-1388 28 28
      1,117 words
    • Article
      SHIP SALES
      876 43 There has been another change of emphasis this week, with the majority of sales coming in the tanker sector. Main developments having revolved around Aframax and Panamax tankers with a number of meaningful deals and plenty of other activity and rumour. VESSELS SOLO FOR FURTHER TRADING Bulk Carriers
      876 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        465 44 <«hI V«y No Berth Arrival Dprtw Vessel Voy No Berth Arrival Departure Jurong Port Batam Speed4 038%* P01A 2702/2030 2702/2230 Aictanedes 301 118/19 alongside 28 02 2300 Batam Speed4 ****** P01A 28 02/2030 28.02/2230 Batam Mah N182 C alongside 28 02/2300 Bonaslar 2 *****A P04 28 02/1930
        465 words
      • Article
        CONTAINER SCHEDULES
        1175 44 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Baiance Rsits Ship Voy No Etb/Btr Period From To From Acj Ubc 041B 01/0300 28 27/1700 28/0659 28/0900 3 28/0700 28/1159 28/1400 Ala Btarn 5533 28/1500 1A 27/1500 27/1659 27/1900 Ml Trum* 0061A 02/0200 1A 27/1500 27/1659 27/1900 2A
        1,175 words
      • Article
        COCKETT BUNKER MARKET REPORT
        767 44 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        767 words
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        VERITAS BUNKER QUALITY REPORT
        541 44 m Cjrtwn Cjrtoon m Feb 23 Density Water Resdue Mi NunMun Sedbnenl DmRy Natar Roidw Mi ItmHm SatfnM m **M Luai KG/M*3 V/V M/M M/M PPM method RG/1T3 IV/V t M M M M PPM djfctiiod Jg_ BO/an* Lints Spec 991 1.0 15.0 010 80* 0
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        ANA to launch new regional and international services
        408 46  -  By Juliette Walker SINGAPORE All Nippon Airways is moving ahead on its aggressive strategy to expand its regional and international network, encouraged by the success of flights out of the new Kansai airport. ANA, Japan's largest domestic carrier, will soon launch new
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        Lock icon Virgin keen to take over Airlanka management
        273 46 Reuter COLOMBO Britain's Virgin group is keen to. take over management of Sri Lanka's national airline Airlanka when the carrier is privatised, Virgin chairman Richard Branson said on Saturday. Mr Branson, who is in Sri Lanka for talks on Airlanka and other business
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        Lock icon Mitsubishi's Viet tie-up to begin truck production
        229 46 Bernama-Kyodo TOKYO The Vietnamese joint venture set up with Japan's Mitsubishi Motors Corp and Malaysia's Proton carmaker as its partners will kick off the manufacturing of Mitsubishi's "Canter" trucks in April in the outskirts of Hanoi, the Japanese automaker said yesterday. The joint
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        352 46 Washington Post WASHINGTON The Justice Department has broadened an investigation into agreements that major airlines have with travel agents, focusing on whether they give large carriers an unfair advantage over their smaller competitors. Justice Department spokeswoman Gina Talamona on Friday confirmed the
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        141 46 Bloomberg Business News TORONTO Air Canada Corp will begin non-stop service from Toronto to Atlanta on March 6, making it the first airline to take advantage of the new US-Canada open skies agreement. The airline on Sunday said it will introduce two
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        439 46 Reuter INDIANAPOLIS Safety investigators this week hope to find what sent an American Eagle flight and all 68 people on board into a 2,700-metre, 36-second death dive on a rainswept Halloween night last autumn. The National Transportation Safety Board on
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          103 46 AFP MAJURO The heads of state of as many as six mid-Pacific nations will meet here later this week to discuss details of a sub-regional airline corporation. Foreign Minister Phillip Muller said yesterday there was consensus among island leaders for a regional approach and the
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          102 46 Reuter DETROIT Ford Motor Co said on Friday it is recalling about 273,700 1990-model Ford Taurus, Probe and Mercury Sable cars to correct an emissions-related problem. Ford said the cars involved in the US recall are equipped with 3.0-litre V 6 engines. About
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          76 46 AFP TOKYO Japan's Aisin Seiki Co, affiliated with Toyota Motor Corp, will set up a joint venture in June in Indonesia to make and market auto parts, a company spokesman said on Friday. The venture, capitalised at three billion yen (Ss4s million), will
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          87 46 Bloomberg Business News STUTTGART, Germany Mercedes-Benz AG's Evoßus Unit, the newly combined operations of Mercedes' European bus production and Karl Kaessbohrer Fahrzeugwerke GmbH, said it expects 1995 sales to reach 3.4 billion deutsche marks (553.3 billion). The new company, 100 per cent owned by
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      8 29 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times
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      27 29 Lines and services represented by Members of the Registry o( Accredited UeQBJJ Shipping Agents, Singapore National V^hgwfj\ Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
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      172 29 More than 150 Inland Points in USA Every Friday Saturday Sailing Hotline: *****30 For more information, please refer to Pg. 6 Plain sailing days may be over for insurers, Pg 3 Shipowners to adopt greener fuel policy, Pg 13 ANA to launch new regional and international services, Pg 18 i
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      1827 30 I NORTH AMERICA 1 I OTHtR OSBTINATIONB I I AMBnICA 3 omgCT CALL TO WKBT COAfT ~1 FIltT COMT Of ttftfttttf. MMffllfrrt ««VtC«) MWOAfOW! CAUPOWWU EXFMM (PWgCT PWOM WMt COAT) kssei |wr 7w* I u> ou** Isul ou I houstohl ckc m mjxo wono wy Isr u I koommb u
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      29 30 o o o Q o °ftTia LEAD BY EXAMPLE 4 4 I For some of the best examples 2 a of good management. Enterprise Management. Every Monday. BusinessEmes ■VIWVAfIII
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      980 31 Dp UASC SSPHngcoisag) Sm H SEALORD SHIPPING AGENCIES gggßg.aai"""''" Ivd/MOY laIPM I DM I shj Ikm auh I pom I BAH doh vsi/voy S« BHD BuD VS./VOT ZZ _JjH_ OB JBIZI fUMI 4/3 2S/3 11/3 21/3 22/3 21/3 21/3 22/3 24/3 DUBAICI #411 4/3 21/3 23/3 DUBAICIO4W 4/3 11/3 25/3
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      409 31 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUBTHAIM (EAST COAST) 1 PROM AUSTRALIA (EABT COA8T)" vraa/vor *t ms s3> m sn n u no wssa/wr me iw m hb ii nt LUHHS 23/(2 27/02 (2/(3 IJ/M IVM 21/(1 24/(3 MAMPMT 07* 11/(2 l«/(2 (2/(1 I (5/(3 M/(3 MAMPMfT MS (2/(3 M/(3
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      1347 32 R*OAM LE SOUTH- PORT T" ~I vessel voy.no Hamburg Antwerp havre ampton kelanq store mo mo no w osa nap KTTANO 2MOB 31/1 2/2 4/2 23/2 24/2 28/2 2/3 W3 7/3 STUTTGART EXPRESS 06/406 4/2 V 2 6/2 1/2 2/3 8/3 7/3 8/3 KJRtSHMA 06/206 M 2 9/2 113 w
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      475 32 P-KaMno Loa<Bng tar I APOLLON V 3 8/3 RtMVAIWUK/NarMa I Lo«M EVW MNayfa. mdonwfr J rLo*#ngtor 1 JEMIMA M (XbaYDarnman/Jaddßh/Aqatoa B MAMSAMVT NAREE KuwaA/DammaMXiJNi I PANWSER DUbai/Danwiian/KuaMl/BBfirain/Daha "Loads Singapore, MMayaia, Indonaaia ILoadng tor PAN EXPRESS LoaAngaMa/NawOrlaana/ I OwMafc*VNor«WCan*Mn I BJLUE FAY LoaAnoalaa/NswOrtaana/ I Ctartaalo«VNortoS«/Can*Mn 1 •Loada EJW Mataya. Indonaaw I
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      1220 32 I norastaH FBL «LHA NORASIA SHARJAH MS-3 KAS MAS MBS IMS HM 278J 77/83 IMS 28BS SBBS SL MOTNATON SMW IBM 388S KB4 BMt SM* BSB4 BMt MB4 MM ABM SEAHNTUTIVEIMW IMS MM MB4 MM MM MM IBM 11M 11M «ISM NOWASU MALTA V Mll-S 22AS 11A4 1484 IM* 14M
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      1351 33 PW! STRAITS SHIPPING PTE LTD an mam 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 11 WiWiMMfMWilWMtfMilJliM JfcftA NtW QUIWA PAC»tC UNI jgQBP <a service of china navigation co> ACCEPTS KWyP CARGO out MIS MEMH V9SOX NX. Skan, Taw In Pail 01 M« FCL, LCL
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      2225 33 w Singapore Agent: MrM 1 I AflTJl Dp#C P&O Containers (Singapore Agencies) Pte Ltd A O 10 Hoc C hiang Koad. #07-01 Kcppet Towers. Singapore 0208 Rrst Class Connections WORLDWIDE 5 f <K^P K 225 2,/222 7517 EXPORT IMPORT VESSEL VOY -PMO "fit SM SOU ANT HOT HAM QOT BRE
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      469 33 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND P*L PEN WH SB HAG *A 0 TAI ML YOU THY NAG *06 OS* MOI BUS WAN HAI 213/NO2l 75/02 26/02 28/02 02 02 03 06 03 00/03 10/03 11/03 15/03 17/03 18,03 WAN HAI 206/N043 01/03 02 03 04/03 0546/03 10/03 11/03 13'03 14/03
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      499 34 joint venture v!y SAMUDERA INDONESIA SIR RICKMERS WBII SINGAPORE CHINA MSA SEPU.UH VOY 3NB 14 FEB QMGOAO GKEN ERA VOY 4ltt 13 MAR XINGANG SHANGHAI MDUCEMENT CALL P.KELANG INDUCEMENT CALL HK. P.&JDAMG, BELAWAN, TG MAN XIAMEN. HUANGPU .e I UTAMA HARTA h ——4 WEEKLY FULL COWTAIN6RBHIP FE£D€R VfeSSELNAME VOY SIN
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      1188 34 HANJIN SMPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71 275 FDR YSI JO LK HAUL St* YY* POX FM YSI SW LME HAUL SAY W *TC HANJM LONGKACH 051E 2/3 OKCI 23/3 24/J 25/3 WBBi KYOTO W2t 3/3 M»TUj» »1« 7/4 J/4 HAIUN FLIZABtIH 015£
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      1210 34 I ML ISS MS 116 KB MT OH «T SMI TTO LAI 06 RAL RYC W» MM KM T» IK PJO CIM ML JSP V** E COITU K 054 1/1 12/3 u/l 17/1 21/1 *1/1 Z2/1 21/1 24/1 2S/1 5/4 11/4 21/4 21/4 i/S 2/5 1/5 4/5 5/5 15/5 25/5
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      2328 35 MO *>*» C&4MLMMM y Q atr **i 1/M4 CmMwSn U: 4MSM2 fffrritfr- r«nf«fnn- MM/IS I COSTAR SHIPPING PTE LTD rSjfzZajl) COSH'' cl"l»XZ>**l: *****50 WO: 4205 7SS CtmmmHo—l *****44 I I HMfx War 17-00 CH mk 117M*****00 M Fmjc *****00 Oraakkmlk Sue Osei: CiHtpmmmt: *****30 fir J Scffioccso ,OHO*l OFFICE: *****
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      530 35 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) i* r r NEXT GROUPAGE SERVICE j TO 1 t CEBU S 4 ETA: 06th MAR. 95 f CONTACT: KEN SIM/ SHARON HOT LINE: *****33 (30 LINES) j f r ji r P. KLANG PH: 0203-*****02
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      909 36 VEB>CL VOY Siw PEN I 4/3 I Ttt I£L INTRA BHUM 5083 Ty lln PI Wd 1/3 I 1248 ®S!! 5£2 £d I££l- f| THANA BHUM 11 OK Tu« In PI Thu 2/3 Z2i ?fi! lU3_ Ty 14/3 KOTA JAQg JAOQ43 Wd 1/3 Frt 3/3 1??* *an y*tl yiLL- IBRA
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      889 36 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR IS337WOWN PORT KLANG PENANG vessel voy sm pkl vessel voy si ra»; StA tAUREI 366N 02/3 (THU) 03/3 (EM) MCC CONVEYOR SOU 03-3 (fW) OS/3 (WD) eagle mui 193* 02/3 <thui 04/3 <sat> xqur iaya 9soi4 os/3 <wtP) 08/3
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      1148 37 Li! ADVANCE CONTAINER LINES (PTE) LTD "fc—■ A I 140 Cocil Street, #12-00, PIL Building, Singapore 0106 Lz ra.: *****31, FAX *****19, TELEX RS ***** ACLPL I BAHdk6if ItHrtA IHPMM if JA*Art*A (S Owfeng*/w««fc to PAT, 2 ««Htng« to BOUT, 1 Sailing to LCM) (1 MHn«*/WMk) »AT VtOOtL VOV [—an-
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      897 37 ttSSUS WT S* U H«m HAMBUKG THAMES ROTTERDAM ANT NEW MllE DC ETM TO7W 03/03 22/03 24/03 26/03 27/03 28/03 VM.Lt PI VEIA VO7W 10/03 29/03 31/03 02/04 03/04 04/04 VKLE Dt TITMW IQtW 15/03 05/04 07/04 09/04 10/04 11/04 Wilt 01 IW> 10»W ___22/03 11/04 13/04 15/04 16/04 17/04
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      589 37 BSA ik M MYANMA IBSBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gd| HP* AN V2OBW 01/03 M* PATHEM VI3IW 27/04 M* PAGAN V2IBW 05/07 Mar MALAYSIA AGENTS BOUSTEAO SHPPING AGENCES KUL TEL 02-03-*****00 PHI: TEI 02 03 3(8(7(7 PEN: TEL 02 04-*****02 PGD
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      752 40 OS RICHFIELD MARINE AGENCIES (S) PTE LTD H TEL: *****33 (12 Lines) B FAX: *****15/*****03 H] TELEX: RS ***** RISHIP (3 Line*) 1 CR NO.: **********0E ACCEPTING FCL AND CONVENTIONAL Vnml Voy ETA Loading For Sport Andinet 38WB 12/04 Mombasa. Djibouti Assab. Massawa Abbay Wonz 43W8 08/05 Mombasa. Djibouti Assab.
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      458 40 mm AFGHANISTAN M&M Afohanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharun) C.1.5./RUSSIA: Alma Ata, Ashkhabad, Baku, Dushanbe. I Irkutsk, Khabarovsk. Krasnoyarsk. Korsakov. Moscow Militzer a Munch Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA I ALSO ACCEPTING
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      294 40 TTTvFOONG SUN V~ SHIPPING (PTE) LTD. WHOLESALE CENTRE, BLOCK 1, #03-10 SINGAPORE 0511 BOOKING/ENQUIRIES CR NO: **********0W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP VESSEL VOY ETA ETD DESTWATION SUN RAY 4/95 8/2 10/2 PtAJU/PALEMBANG NEE WAK I 4/95 9/3 11/3 PONTIANAK/SHTETE SUN RAY 4/95 8/3 10/3 BENGKULU/PADANG
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      289 40 ■MWMfcl CONTAINER UNE®,« ASIA HKG/TWN/BKKI GENOA/EUROPE j PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN I 28/2 1/3 2/3 HKG/BKK/KEE/KHH G'burg/C'hagen/Shokn/Oslo 5/3 6/3 7/3 7/3 8/3 9/3 HKG/BKK/KEE/KHH Piraeus 28/2 1/3 2/3 14/3 15/3 16/3 HKG/BKK/KEE/KHH Ldn/Fli/Rtm/Ant/Ham/Leh 4/3 5/3 6/3 RECEIVING TO /t 28/2 1/3 2/3 SHANGHAI/DALIAN JPN/KOREA/M ANIL A
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      516 45 A HYUNDAI MERCHANT MAmNE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 rpNA [~PkI PfiO VESSELS VOY SM RTM WIT lEH HAM BRE* FEL "01/03 fe/03 04/03 SI FREEDOM 3151T 06/03 24/03 26/03 25/03 26/03 26/03 26/03 08/03 10/03 11/ OS H. FRONTS* 31SN 13/03 31/03 02/04 01/04 02/04 02/04 04/04
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      379 45 STRAITS/ JAPAN/ STRAITS SERVICE MULTIPURPOSE RORO CARRIER SPECIALIZE 14 HEAVY LFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS ETA lETD «SStl VOT SM PK 10MXNG FOR GOLDEN SEAWAY 1 MPI JAKARTA 3/3 OMENT LIT S 5/3 7/3 tmwsf si/3- KAAANA SEMB4.AN 2 11/3 cosmic men 43 11/J iakarta
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      705 45 Ivessq Ivor Isieta/d lax loak lew pal Imem/col Ihou Inyc won ALLIGATOR TRIUMPH 61A 02/03 /03/03 19/03 21/03 22/03 23/03 23/03 24/03 24/03 25/03 GEORGE WASHNGTON BRPGE 85A 09/03/10/03 2t/03 21/03 29/03 30/03 30/03 31/03 31/03 01/04 ALLIGATOR PUtt 5K 16/03/17/03 02/04 04/04 05/04 06/04 06/04 07/04 07/04 M/ 04
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      311 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 2.3 2.0 1.6 1.2 1.0 0.9 1.0 1.3 1.9 2.5 2.9 2.9 2.7 2.3 1.6 1.1 0.6 0.3 0.2
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      88 46 r ANALYSIS I f IMUBHIM "N M.V. "JUPITER ACE" VOY. 51 Arrived 21st February 1995 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held on the Ist March 199S 0900-1200 hours at PT7. No further survey will be entertained thereafter
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      8 46 I I ANALYSIS I Tomorrow in Business Times
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