The Business Times, 6 February 1996

Microfilm: NL20526
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 THE BUSINESS TIMES MITA(P) 046/12/95 SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, FEBRUARY 6, 1996
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  • Article
    MARKET SUMMARY
    69 1 m *****1 15.84) if ROW U 230L75 (+20.62) H IT-mba U H8&36(+12.32) Q MJJUETMOQD: CTOCillgETDaWCES Monday danm KLSEOOMP 1079.88 +17# NIKKEI *****38 -***** HANG SENG *****.12 +14.72 SET INDEX 1410.98 -1.0 JAKARTA OOHP.—591.14 +157 MANILA COMP 2919.24 -8.02 TAIPEI WPI ....4759.25 .-39.83 SEOUL COMP 890.18 +105 BOMBAY BSE30
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  • Article
    FINANCE
    63 1 BlCHAmB BATES uss ss U» 1.417 1 1.552 i»70 m ..0.677 .0.959 V10® 9.9*1 1J42 W 0192. .0.965 HKS 0.129. 0.183 BAHT 0.000„ 0.066 RUPIAI NO 0.044 OM noBiism SINGAPORE* .._.C44 KUALA LUMPUR. 8.15 JAKARTA 18.00 BANQKQK.. 1126 MAMA... 14.56 HONGKONG K75 SSI m» amcr* j.750 fRANKFURT*** .5.00 LONDON
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  • Article
    Syndicates ramping up M'sian IPOs: brokers
    517 1  -  Speculators drove np 2 issues last week, with premiums topping 300% on first trading day From Ho Kay Tat in Kuala Lumpur WITH the speculative fervour in Malaysian second board stocks cooling off a little, market syndicates appear to be turning their attention to
    517 words
  • Article, Illustration
    Lock icon STII smashes 2-year-old record to hit all-time high
    263 1  -  But hedge funds may heighten volatility: analysts By] R Sivanithy [SINGAPORE] The Straits Times Industrials Iridex'yesterday smashed its way to an all-time closing high. Led by large gains in SPH and Keppel, the benchmark index settled 15.84 points higher at 2,484.01, beating
    JEN CHUA  -  263 words
  • Article, Illustration
    Netscape to set up Asia-Pac HQ within next three months
    347 1  -  By Jennifer Lien [SINGAPORE] After a heady year of growth, Silicon Valley upstart Netscape is coming to the Asia Pacific to ride the big Net-surfing waves sweeping through the region. Netscape which saw its stock soar from its August's initial
    347 words
  • Article
    Lock icon Europe set to stay as top investment region
    117 1 AFP [DAVOS, Switzerland] Europe attracts four times the capital investment of Asia, and will remain the top world region for international investors for some time, according to a study released yesterday. Direct investment in Eu- rope will continue to exceed that in
    AFP  -  117 words
  • Article, Illustration
    Sukamto buys 32% stake in Sum Cheong for HK$234m
    592 1  -  Transmarco's exec increases stake in Amcol to over 9.5% Byy Conrad Raj [SINGAPORE] Sukamto Sia has baffled market observers with twin moves increasing his stake in local trading and property group Amcol Holdings and becoming the largest single shareholder of Hong-kong-listed
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      Page 1 Advertisements Column 1
      135 1 diode BqwHkPhn What City Dev's purchase of the remaining 30% of its flagship Republic Plaza means tor its share price, n« HBWS TMIOB «ynmmtm nt bs rsapfcgsp IPOs, this pg. Unhealthy. Then again, it only hurts feort-sellers. ♦fIH kits ranrl U£, this pg. After previous high of 2,471 on Jan
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      5 1 Regional stock markets, Pgs 27-32
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      79 1 1 A v 4 i y v *1% M.jn!•«Mj hi i,lli ,i fl.il |i v*. 11. i rt.iti It Ink v\liil.- _i,|.l. -.vt'li ili.im'.ri'l- 111.j -.l|'|'(lM IMmT l:« T p. .It .)|,i: M\LIU)LSSI\ -/n < I S I In- ,|,i. K< l\ I I I U Mill < MM I
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Disputes involving two China properties still unresolved
      536 2  -  Sun City buyers want deposits back while developer of another project continues to ignore investors Teh Hooi Ling TWO China property disputes which surfaced here last year have remained unresolved, with one groupj of buyers banding together over the weekend to demand a
      536 words
    • Article, Illustration
      Unrealistic to expect S'pore, US always to agree: Ning Hong
      483 2  -  Bat we must have confidence to believe that what we are doing is right, he says By Yang Razali Kassim IT is unrealistic for Singapore to expect the United States to agree with everything it does, Yeo Ning Hong said
      483 words
    • Article, Illustration
      Lock icon Nod for Yamaichi S'pore to manage CPF savings
      422 2  -  Plan to launch CPF unit trust for regional equities early next year By I Shiv Taneja Yamaichi Capital Management (YCM) has become the first Japanese fund manager to get approval to manage CPF savings. YCM Singapore's managing director Ichiro Sasaki told BT
      ARTHUR LEE  -  422 words
    • Article
      Economy forecast to grow 8.4%
      391 2  -  EYE OH THE ECONOMY GDP By Anna Teo THE economy which time and again has sped ahead of market forecasts is likely to outperform projections again this year, says Nat West Markets Singapore. The official forecast for real gross domestic product (GDP) growth in 1996
      391 words
    • Article
      Lock icon BG Lee: S'poreans must decide the kind of govt they want
      452 2 WORLD ECONOMIC FORUM Voters who hack opposition may find they hove a govt they didn't want, he says The Straits Times {DAVOS, Switzerland] A major issue that voters will have to grapple with in the coming general election is
      The Straits Times  -  452 words
    • Article
      Lock icon Govts not helpless in policing info highway
      195 2 The Straits Times [DAVOS, Switzerland] The experience of other countries has shown that governments are not totally helpless when it comes to battling unsuitable material on the information highway, Deputy Prime Minister Lee Hsien Loong said on Sunday. "This is a problem which
      The Straits Times  -  195 words
    • Article
      South Buona Vista Centre, adjacent landed site up for sale
      301 2  -  By Jenny Lam SOUTH Buona Vista Centre and an adjacent detached house have been put up for sale by tender in what may be the* first joint sale of a commercial/residential complex and a landed property. Located at the junction
      301 words
    • Article, Illustration
      Lock icon Defence companies begin week of heavy selling
      539 4  -  ASIAIf AEROSPACE TO Asia-Pacific now seen as strategic growth area for international arms manufacturers By Kevin Sullivan AEROSPACE companies from the US, Britain and France, which together account for 90 per cent of air defence procurement sales worldwide, yesterday began a week of
      ARTHUR LEE  -  539 words
    • Article, Illustration
      Qantas bags airline award
      295 4  -  By Rahita Elias ASIAN carriers failed to bag any of Air Transport World's (ATW) 22nd Annual Airline Achievement Awards presented yesterday evening. Instead, Australia's Qantas Airways was tops. ATW, a USbased monthly aviation publication, presented the carrier with the Airline of the Year award for 1995
      295 words
    • Article
      Teledata gets $9.9m SingTel contract
      161 4 SINGAPORE Telecom has awarded a $9.9 million contract for new transmission equipment to Teledata (S) Ltd. Teledata will supply the equipment based on synchronous digital hierarchy (SDH) technology, which will enhance the reliability of SingTel's international and regional telephone network. SDH is a transmission standard
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    • Article
      Cheow Tong'urges UK, S'pore SMEs to form alliances
      232 4 SMALL and medium-sized enterprises (SMEs) in Singapore and Britain have been urged to link up and venture into new territory together. Making the call in a speech at the Singapore-British Business Council (SBBC) luncheon yesterday, Minister for Trade and Industry Yeo Cheow
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      267 2 Washington should stick to one-China policy, says Haig, Pg 10 v' j |£Y<JV i There's a new and exciting way of meeting face-to-face with anyone, anytime, anywhere in the world, without having to leave Singapore. How? Through the wonders of video conferencing at Trade Mart Singapore. With the latest communications
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      Page 2 Advertisements Column 2
      25 2 Republic Ngee Ann City Odeon Towers The Best Building at the Best Locations Singapore, Bangkok, Self.Lock-Up office Suites Kuala Lumpur, Jakarta With Complete Secretarial Support
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      4 2 [jrat 30 ■ra minute,
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      439 3 A History of Performance. 1914: The Kew Observatory certifies 1979 Dr. Sylvia Earle, UPHUjj Rolex as the first wristwatch in history diving to a depth of 1,250 to outperform the pocketwatch. feet in the JIM diving suit, 1 nor times her descent on her The world s first truly Rolex
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      109 4 V J'■ V* RMI6O NETT A NIGHT! JUST HOW DO THEY DO IT?" (Mr. Fionn O'Keeffe, Accountant) This be one the ever Deluxe rooms come calculations? Or could be one mysteries? Oh any take relax a the For double occupancy, inclusive of ABF, RM 190 nett. Price applicable from February
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      Page 4 Advertisements Column 2
      121 4 This festive season, cruise in comfort, elegance and safety in a Sintat car. Wheel in the festivities knowing that you've made that move to rent a quality car Come to Sintat for a taste of luxury on wheels now. You'll feel simply miles ahead! V sitVnr Singapore City 60 Bendemeer
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon S'pore investors fuel Perth property boom
      712 5  -  They are among the top foreign investors in Perth's CBD By' Toh Han Shih COMPANIES and individuals from Singapore have fuelled a real estate boom in the Western Australian city of Perth in recent years, in particular in the hotel sector. Total investments by
      JEN CHUA; ARTHUR LEE  -  712 words
    • Article, Illustration
      Republic Plaza:A great deal for CityDev
      726 6  -  THE PROPERTY COLUMN Paper gain probably one reason for counter hitting record hlgb By Lee Han Shih IT may not be the deal of the century, but City Developments' purchase of the remaining 30 per cent of its flagship Republic Plaza surely comes close
      726 words
    • Article, Illustration
      Goodbye, Nassim Hill flats?
      245 6 [SINGAPORE] These Urban Development Management Co Pte Ltd (UDMC) flats in Nassim Hill may eventually have to make way for new developments. A UDMC spokesman confirmed that lease terms for the walk-up apartments had just been revised from a two-year lease to a monthly tenancy. Such
      245 words
    • Article
      India condos up for sale
      248 6 [SINGAPORE] Local property and trading group Chesterfield International will be building six residential and commercial property projects in Bangalore, India. The first of these, La Suisse, is a $52 million condominium project scheduled for completion in February 1999. Phase one of the project will be
      248 words
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      201 5 ■MjIPHSHMMii FOR SALE 1. ANG MO KIO IND. PARK 2 3 storey fty; Land 55,700 sq. ft. Bldg 43,500 sq. ft. 60 yr from 1980. Vacant Possession 2. JLN PEMIMPIN Phold 8 storey fty with redevelopment potentialLand 20,000 sq. ft. Bldg 33,400 sq. ft. SS 18m 3. AMTECH BLDG, SIN
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      Page 5 Advertisements Column 2
      153 5 111 Ariane 5 Exocet Building partnerships in aerospace technology. Aerospatiale's success is built upon technological and qualitative supremacy, plus the Group's unique ability to exploit the synergy which characterises its achievements. This is clearly shown by Aerospatiale's pioneering development of satellites with military and civil launchers such as Ariane. Cutting
      153 words
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      150 6 1 The 1 Business Times StuurpoTi D6opor A bold new look and a fiesh approach to the news and views. •Faster with the news, and with the meaning of the news. Shaiper focus on business and markets. Deeper analysis of trends, and more opinion and commentary. I Start my [TheßusimssTimes
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      Page 6 Advertisements Column 2
      196 6 PRIME INDUSTRIAL PROPERTY PASIR PANJANG ROAD Located along Pasir Panjang Road and Total strata area: 4,588 sq m/ 49,385 sq ft Land area: 2,899.30 sq m/ 31,208 sq ft Master Plan Zoning: Industry (PR 2.5) HB Queenstown DGP: Warehouse (PR 2.5) For investment report/tender documents, 1" please contact Sole Marketing
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      195 6 OUTDATED BATCH PROCESSING TO REAL-TIME ACCOUNTING It means no more validation, posting, updation, I day end, month end, etc. You make an entry and everything is done automatically, instantaneously. V Check out the power of FACT Real-Time Business H^RHB Accounting Software. Toll Free 1800-*****32 A 2 ACCOUNTING > 1 POWER
      195 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Analysts' forecasts off the mark, says finance minister
      443 7  -  KUALA LUMPUR 1995 current tccMDt deficit will not topMs2obas gap after October narrows Amur By] Ho Kay Tat FINANCE Minister Anwar Ibrahim yesterday took a swipe at investment analysts who expect Malaysia's 1995 current account deficit to top M|2o billion (Ssll billion),
      443 words
    • Article
      Lock icon KL to extend two-tier regulatory system to finance companies
      256 7 KUALA LUMPUR AFP MALAYSIA yesterday announced measures to farther deregulate its banking sector by extending a two-tiered regulatory system now in place for commercial and merchant banks to cover finance companies. Deputy Prime Minister Anwar Ibrahim said the move would make
      AFP  -  256 words
    • NOTE Book
      • Article
        Lock icon More cement,clinker for Indonesia
        54 7 Reuter Indonesia planned to import aboat two ;v f million tonnes of cement end clinker thisyear, compared wtttt U million in 1996, said demand was expected to rise by about 16 per cent to 27 J million tonnes this year from *U million tonnes in 1995,"
        Reuter  -  54 words
      • Article
        Lock icon No casualities in Bangkok blaze
        63 7 AFP (BANGKOK) Fire fighters braved dense black smoke to extinguish a fire at a popular Bangkok shopping mall yesterday, the latest in a string of blazes to break outat commercial centres tn the Thai capital. The Are broke out in an empty shop on the
        AFP  -  63 words
      • Article
        Lock icon Thai exports seen up 18% this year
        39 7 Reuter (BANGKOK] Thailand's total exports in 1996 are expected to grow by 18 per cent to 1.605 trillion baht (Ss9o billion) from 1.36 trillion last year, a deputy prime minister said yesterday.—Reuter
        Reuter  -  39 words
      • Article
        Lock icon Khmer Rouge loses two strategic hills
        55 7 AFP f ARANYAPRATHET, Thailand] Two strategic hills leading to a Khmer Rouge stronghold in north-west Cambodia fell yesterday to governmenifcrces, Cambodian army sources said. Government forces captured Hill 25 and nearby Hill 36 from the rebels in a two-day operation but lost four tanks
        AFP  -  55 words
      • Article
        Lock icon Apec trade mediation panel proposed
        84 7 Reuter (MANILA] The Asia-Pacifk Economic Cooperation (Apec) forum is considering creating a panel to mediate in disputes about trade practices, a statement said yesterday. The proposed panel would resolve issues ranging beyond the dispute settlement mechanism in the World Trade Organisation. "It is envisioned to
        Reuter  -  84 words
      • Article
        Lock icon Call for Viet navy to be modernised
        39 7 AFP (HANOQ Defence Minister Genera! Doan Khue has called for the modernisation of the navy so that Vietnam can firmly defend Its territorial waters, the Quan tM Nhan Dan daily reported yesterday.—AFP
        AFP  -  39 words
    • Article
      Lock icon Manufacturing industry growth moderating: report
      383 7 KUALA LUMPUR Think-tank Mier sees fourth quarto-1995 trend filtering into first quarter 1996 Bernama MALAYSIA'S manufacturing industry appears to be moving into a phase of moderation after achieving a rapid pace of growth in the early part of 1996, says the Malaysian Institute of Economic
      Bernama  -  383 words
    • Article
      Lock icon Profitable state companies to be listed: minister
      372 8 JAKARTA Companies performing badly will be sold off; special mission firms to stay in govt hands Reuter, AFP INDONESIA will sell nonprofitable state companies and list those making money on the stock exchange. Industry and Trade Minister Tungky Ariwibowo said yesterday. "In order
      Reuter,; AFP  -  372 words
    • Article
      Lock icon Japan aid to shift focus
      135 8 BANGKOK AFP JAPAN'S aid to Thailand will see a shift in focus from industrial development to the social problems which accompany economic growth, a special assistant to Japan's foreign minister said yesterday. Thailand would continue to receive soft loans for industrial projects, but social aspects
      AFP  -  135 words
    • Article, Illustration
      Lock icon A noteworthy queue
      61 8 HUNDREDS of people queueing up in front of the Bank Negara building in Kuala Lumpur to get the new Ms 2 note Measuring 130 mm by 65mm (slightly bigger than the Msl note), the Ms 2 bill is in a light shade of purple. On sale also
      MBT  -  61 words
    • Article
      Lock icon Dodgy time for Banharn's coalition
      357 8 ■BANGKOK PM offers cabinet revamp; vote of no confidence looms AFP THAI Prime Minister Banham Silpa-archa's fractious coalition government finds itself dodging political bullets amid mounting clamour for a cabinet reshuffle and a threatened no-confidence vote. The diminutive premier has said he will oblige with
      AFP  -  357 words
    • Article
      Lock icon Too many expats in jobs for locals,say legislators
      197 8 JAKARTA Last year saw 38% surge in foreign workers Reuter INDONESIAN legislators are worried about the growing number of expatriate workers filling jobs which could be done by locals, the official Antara news agency said yesterday. The extra money being spent by
      Reuter  -  197 words
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      112 7 To Getfeople Hooked Up With The Information Age, INFORMATICS yCounted On Us. S* 1 AkZ^tlf. 4 I I HONG LEONG FINANCE LTD Head Office: 16 Raffles Quay. <*01-05 Hong Leong Building S^a.ir Branches: (North Zone) Ang Mo Kio Tel: 452 8735 SerangocvC r- -'*****. h Tel *****4? Kallang Bahru Tel:
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      193 8 Change* In yen loans for infrastructure, Pg 11 A MAZDA FINANCED BY SINGAPORE FINANCE CAN TAKE YOU VERY, VERY FAR. FIRST PRIZE SECOND PRIZE THIRD PRIZE 2 return air tickets to New York plus 2 return air tickets to London plus 2 return air tickets to Sydney plus 3 nights
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      136 8 BAYVIEiy^^M u*j ',v Eleven strategic locations. Seven city hotels. Four resorts* Award-winning service. Tkere s always a Bay view waiting for you. Spa..i. 8 ike A.ia-Pacific I. eleve. .Irale.tc location, I. ckal. of kolel. .»d re.orl. committed I. e..url« B tkal your every .lay i. pie.—! one. For ike ku.l.,e«
      136 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Go slow on reform of state firms, urges Li Peng
      416 9 BEIJING China won't liquidate loss-making firms the capitalist way with bankruptcies, layoffs Reuter CHINESE premier Li Peng has said reform of state enterprises cannot follow the capitalist model, with bankruptcies and layoffs, for fear of mass unemployment, pro-Chi-na Hongkong newspapers
      Reuter  -  416 words
    • Article
      Sales of new projects show property market recovering
      398 9  -  HONGKONG Byy Quak Hiang Whai AFTER two years in a slump, the Hongkong property market is showing signs of a recovery. However, analysts are not about to declare any sharp rally in prices. Several sales of new developments in the past two
      398 words
    • SINO Brief
      • Article
        Lock icon Vice-chairman was murdered: paper
        73 9 AFP [HONGKONG] Li Peiyao, the vice-chairman of China's top legislative body—the National People's Congress (NPC) standing committee—was murdered by a government security guard, it was reported yesterday. The independent Chinese language newspaper Ming Pao said a 19-year-old security guard from a regiment stationed nearby killed Mr
        AFP  -  73 words
      • Article
        Lock icon Pudong seeks US$3b in foreign funds
        40 9 Reuter [BEIJING] China's largest technology development area, the Pudong New Zone in Shanghai, would seek US$3 billion (554.2 billion) in foreign fUnds for 800 new projects in 1996, Xinhua news agency said on Sunday.—Reuter
        Reuter  -  40 words
      • Article
        Lock icon China's new list of tariff cuts
        51 9 Bloomberg Business News [BEIJING] China yesterday published a new list of tariff reductions, covering consumer electronics goods. The list, printed in the International Business paper, brings the new tariffs announced so far to 4,106. The new tariffs will be introduced on April I.—Bloomberg Business
        Bloomberg Business News  -  51 words
      • Article
        Lock icon Fires down 11% after tighter measures
        75 9 Reuter [BEIJING] Tighter prevention measures in 1995 resulted in an 11 per cent drop in the number of fires from 1994, the worst year on record with some of China's deadliest blazes, China Daily said yesterday. The authorities are drafting a fire prevention law
        Reuter  -  75 words
    • Article, Illustration
      Lock icon Going with the grain
      73 9 [BEIJING] A grain worker regulating the flow of corn from a conveyer belt into a container at a grain stockpile facility on the outskirts of Beijing on Sunday. The grain, transported by rail to the facility, is for sale in and around the national capital. China's
      REUTER  -  73 words
    • Article
      Lock icon Li Peng admits there's confidence crisis in HK
      406 9 HONGKONG But keeping HK as economic centre may draw emigrants back AFP, Reuter CHINESE Premier Li Peng has admitted there is a confidence crisis in Hongkong in the run-up to China's takeover of the territory next year, it was reported yesterday. Mr
      AFP,; Reuter  -  406 words
    • Article
      Lock icon Stocks fall on reports that China's planning massive war games
      610 10 TAIPEI Taiwan President appeals to China for peace but defends holding presidential elections Bloomberg, AFP, Reuter TAIWAN stocks fell yesterday on reports in Hongkong newspapers that China will begin a 400,000-men military exercise near Taiwan. "There are going to be
      Bloomberg,; AFP,; Reuter  -  610 words
    • Article
      Lock icon Taiwan ties haven't improved: China
      306 10 HONGKONG Lee Teng-hui giving false impression, says Chinese premier AFP Reuter CHINESE Premier Li Peng has denied Taiwanese President Lee Teng-hui's claims that relations with Taiwan have improved, accusing Mr Lee of "creating a false impression". In an exclusive interview with three China-backed newspapers from
      AFP; Reuter  -  306 words
    • Article
      Lock icon China plugs licensing loophole
      114 10 BEIJING Reuter WITH US pressure mounting, China vowed yesterday to punish publishing houses that supply licences to copyright pirates, hoping to close a loophole used to chum out bootleg compact discs. New rules seek to rein in state publishing firms that have profited by selling officially
      Reuter  -  114 words
    • Article, Illustration
      Washington should stick to one-China policy, says Haig
      431 10  -  SINGAPORE Bat it most also keep military presence in Asia as tension rises By Yang Razali Kassim THE US should stick to its oneChina policy while not lessening its. military presence in Asia amid rising tensions between China and Taiwan. Making this
      431 words
    • Article, Illustration
      Lock icon Big aftershocks jolt survivors
      245 10 BEIJING Reuter TWO LARGE aftershocks yesterday jolted terrified survivors of China's largest earthquake in eight years as they shivered in freezing temperatures in the streets of southwestern Lijiang, officials said. "There are almost certain to be more casualties from these major aftershocks," said an official of
      Reuter; AFP  -  245 words
    • Article
      Lock icon Preferential policy on turnover tax to stay
      200 10 ■SHANGHAI AFP FOREIGN-INVESTED enterprises in China can continue to enjoy preferential policies on turnover and corporate taxes, a newspaper reported yesterday. The Shanghai Securities News quoted a concerned official in Beijing as saying that the preferential policies on turnover tax, which included value
      AFP  -  200 words
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      383 9 IS ANA SUPER Y CLASS TO TOKYO OSAKA Fly Super Y Class on ANA and for the price of an economy ticket we'll upgrade you AIRPORT LOWNQE SERVICE Take advantage of our business dass lounges in to a business class seat. A seat with 50 inches of legroom and near
      383 words
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      Page 10 Advertisements Column 1
      212 10 guarantees absolute protection. B. If the safety of your records and l, documents are disrupting your peace of mind, then set your mind at peace with 7,1 Fire King the ultimate in filing performance offering 25% mora storage j| apace for fts cabineU. H Available in a range of sizes,
      212 words
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      69 10 US ambiguity gives Taipei wrong ideas, Pg 15 BAYER (SINGAPORE) PTE LTD r j We are pleased to inform you that with effect from 6 Feb 1996, /f our new address will be:- V K BAYER (SINGAPORE) PTE LTD WjT BUSINESS GROUP: STYRENICS* V A 101 THOMSON ROAD #12-02 i
      69 words
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  • ASIA
    • ASIA Notes
      • Article
        Lock icon Japan's merchandise trade deficit soars
        55 11 Bloomberg Business News [TOKYO] Japan's merchandise trade deficit for the first 20 days of January expanded 233.1 per cent from the same Period a year ago to U552,799 billion (SJ3J97 billion), the Finance Ministry said. In 1995, Japan recorded a deficit of UStB4O million for
        Bloomberg Business News  -  55 words
      • Article, Illustration
        Lock icon US reassures Seoul over N Korea aid
        79 11 AFP (SEOUL] US presidential security adviser Anthony Lake (left) yesterday held high-level consultations with South Korean officials to relieve jitters here over a US decision to give new aid to North Korea. Mr Lake told South Korean Foreign Minister Gong Ro Myung (right)
        AFP  -  79 words
      • Article
        Lock icon US firm in Bangladesh power project
        58 11 AFP [DHAKA] US power company AI and Associates Inc has signed a memorandum of understanding with Bangladesh energy ministry officials to build a 300-mega watt power plant, officials said yesterday. Bangladesh has signed deals for the construction of 11 power plants since it opened
        AFP  -  58 words
      • Article
        Lock icon Bows cost Aussies 79,600 working days
        54 11 Reuter [CANBERRA] Australia lost 79,600 working days in October due to industrial disputes, 38,500 days more than the 40,100 days lost in September, the Australian Bureau of Statistics said. There were 60 industrial disputes, involving93,4oo workers in October, compared with k 64 disputes involving24,soo
        Reuter  -  54 words
    • Article
      Lock icon Finance ministry may have to take jusen blame
      290 11 ■TOKYO Politicians looking for scapegoat to bear public outrage Reuter JAFAN's beleaguered finance ministry could end up being offered as a sacrificial lamb by politicians looking for a way to assuage public outrage over a plan to use taxpayers' money to Wind
      Reuter  -  290 words
    • Article
      Lock icon Financial institutions slow pace of investment abroad
      145 11 SEOUL Bloomberg Business News SOUTH Korean financial institutions slowed the pace of investment abroad last year cooling off a surge created by relaxation of government controls. Outstanding investment in overseas securities in 1995 rose 14.4 per cent to US$l.5B billion (552.2 billion), down
      Bloomberg Business News  -  145 words
    • Article
      Lock icon Main business districts hit by bomb blasts
      128 11 DHAKA AFP BOMB BLASTS rocked Dhaka's main business districts yesterday during the morning rush hour, sending passers-by and car drivers scurrying for cover, witnesses said, as the opposition prepared to announce new strikes ahead of upcoming elections. The series of blasts struck the
      AFP  -  128 words
    • Article
      Yen loans for infrastructure revised
      718 11  -  TOKYO Changes to bring more private players Into Airian project financing game By. Anthony Rowley THE Japanese government yesterday announced key changes in the way it intends to contribute to the "huge" and rising cost of financing infrastructure projects in Asia. In future, official yen
      718 words
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      Page 11 Advertisements Column 1
      238 11 LONGINES* collection by Longines V. is a creation of infinite beauty and magic which I I bears the mark of a ||flpi|Hp tradition of over 160 years in watchmaking... symbol ofperfection in ft'me measurement and the marvel of creation. Recommended Retail Prices. Ladie5(13.106.5.11.6)-$2,050 a Longines Golden Wing™. Exclusive models for
      238 words
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  • FOCUS
    • Article, Illustration
      Former military man takes charge of Apec
      1261 12  -  Filipino admiral-turned-diplomat Armando Madamba looks at the tasks facing the Manila summit By' Yang Razali Kassim The writer is BT's regional analysis editor [SINGAPORE] HE HAS a name that sounds like the Brazilian samba. But Armando Q Madamba, the new Apec executive director,
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      139 12 optf£2£& KEY ISSUES Adopting Global Standards for Sophisticated Instruments The Concept of Risk Management Engaging Technological Solutions The Legal Issues of Derivative Settlement Risk Regional Legal b Regulatory Issues b Concerns Effective Control b Compliance Management Supervision b Audit Towards Single Currency Margining Derivatives Clearing Services Flexible Organization b Management
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      160 12 HRPKn H Power Reserve Already early in the 18th century, Geneve became known as a major H centre for creation and production of timepieces. Since then the iHH^Z<ia3^Hi Genevese watchmakers rose to unparalleled heights in the art of H horology. Today this proud heritage continues with Frederique Constant, the latest
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  • THE WORLD
    • Article, Illustration
      The free trader vs the Asia basher
      595 13  -  UUII'UR FROM WASHINGTON Steve Forbes ahead of Pat Bnchanan in OOP presidential race By Leon Hadar THE rising popularity of conservative columnist Pat Buchanan among Republican voters has led many analysts to conclude that the Grand Old Party is beginning to abandon its
      595 words
    • Article, Illustration
      Lock icon Lone Star on ice
      49 13 [AUSTIN, Texas] The Lane Star State was in deepfreeze on Saturday as even the appearance of the sun in the afternoon failed to melt the ice in the Bicentennial Fountain in the business district here as record low temperatures in the mid-teens were expected. AFP
      AFP  -  49 words
    • Article
      Lock icon Communist head will reverse reforms: ex-minister
      193 13 DAVOS, Switzerland AFP ANATOLI Chubais, Russia's sacked privatisation minister, warned yesterday that the head of the communist party was lying to the West in pledging not to reverse economic reforms. Mr Chubais said that Gennady Zyuganov would lead a large-scale renationalisation programme, which would
      AFP  -  193 words
    • WORLD Watch
      • Article
        Lock icon Israel,US plan aid group for Syria
        79 13 Reuter [JERUSALEM] Israel and the United States are drawing up plans to form an international consortium to provide economic aid to Syria in the event of an Israeli-Syria peace deal, the Israeli press reported yesterday. The daily Hoar** said Kdwafd Djerejian, a former US
        Reuter  -  79 words
      • Article
        Lock icon Honouring a clown
        49 13 AFP [LONDON] A young clown listens during the 50th annual Grimaldl service at Holy Trinity with St Philip Church in Dalston, North East London on Saturday. The service is dedicated to Joseph Grimaldi, the famous 19th century clown, and gives thanks for the gift of laughter.—AFP
        AFP  -  49 words
      • Article, Illustration
        Lock icon Perry calls for Nato to be enlarged
        69 13 UPI [BONN} US Defence secretary William Perry said on Sunday Nato must be enlarged eastwards by allowing former soviet satellites to join despite Russian objections. SjWilrtng at a conference of international security experts in Munich, Mr Perry said Nato should at the same
        UPI  -  69 words
      • Article
        Lock icon Ukrainian miners continue strike
        107 13 AFP [KIEV] A Ukrainian mine union official vowed that miners would keep up a four-day-old strike until their demands for back pay were met. 0f227 mines in the country, 72 were at a standstill since the strike started cm Thursday and 105 others were refusing to
        AFP  -  107 words
    • Article
      Lock icon Civil war in Tajikistan averted
      283 13 ■DUSHANBE Reuter, AFP PROSPECTS of a fresh civil war engulfing the Central Asian state of Tajikistan receded yesterday after a senior minister, responding to a demand by two warlords who had menaced the capital, quit his post. It remained to be seen if the warlords
      Reuter,; AFP  -  283 words
    • Article
      Lock icon Buba chief sees German upturn
      128 13 LONDON Reuter BUNDESBANK President Hans Tietmeyer said he believes the German economy will rebound this year and added that any further interest rate cuts would depend primarily on developments in M 3 money supply. Interviewed on British Broadcasting Corporation (BBC) television Mr Tietmeyer said: "I
      Reuter  -  128 words
    • Article
      Lock icon US budget to be US$154b in red?
      225 13 WASHINGTON Bat Clinton plan also predicts budget surplus by 2002 AFP THE House said yesterday the US budget deficit for the current fiscal year would be U*****.4 billion (*****.6 billion), but predicted the budget would be in surplus by 2002 under its spending
      AFP  -  225 words
    • Article
      Lock icon EMU failure will hurt German economy: Waigel
      211 13 BONN Bloomberg Business News GERMANY needs a combination of fiscal austerity and growth to qualify for the European single currency, a critical component to securing the country's economic future, German Finance Minister Theo Waigel said. In interviews with the German press, Mr Waigel
      Bloomberg Business News  -  211 words
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      84 13 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 I Career Opportunities I 1 In Indonesia I m leading Jakarta Securities firm is looking for qualified ft m candidates with university degree for the following position: I SENIOR RESEARCH ANALYST I jj Degree in Finance or Accounting preferred K 9 Minimum
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      229 13 "One of the Most Sought After MBAs m Singapore!" DP The University of Hull England 1927 top MBA MBWS 19th Intake May 1996 "OVER £50 CEO* Mfis and 6Ms ALREADY IN INE PROGRAMME!" FIRST to offer TQM and a Systems Approach to Creative Problem Solving FIRST to offer Entrepreneurship and
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      317 14 ADD MORE DRIVE TO YOUR LIFE Actually, if you're even thinking of enthuse about. Firmly braced on a double-wishbone suspension with a buying an Odyssey, you already have long wheelbase, and powered by a sweet 2.2-litre engine churning out considerable drive. That's because 145 ps the Odyssey manoeuvres prospective Odyssey
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  • EDITORIAL & OPINION
    • Article, Illustration
      gives Taipei wrong ideas
      779 15  -  THE BOTTOM mm opW&M- By Mohan Kuppusamy The writer is BT's editorial page editor I NOT really matter what Washington tiles as the reason for the voyage of a 72,000tonne, nuclear-powered US aircraft carrier the Taiwan Strait A Pentagon spokesman. Major Steve Manuel, claimed early last
      779 words
    • Article
      IN OTHER WORDS
      121 15 This is a sad moment fop Daiwa. We have spent four decades serving the needs of corporate and individual clients in tjie United States and are sorry to be leaving what was an important market for our bank.' L -TakaahiKaiho Daiwa president after it shut its business
      121 words
    • Article
      Stick to the Phuket agenda
      608 15 EDITORIAL IT would be tragic, indeed, if irrelevant and peripheral issues were allowed to distract attention from the convergence of basic interests that underlies plans for the first-ever summit between 10 Asean and East Asian countries, and the 15 European Union members. Yet, a historic
      608 words
    • Article, Illustration
      Chip-picking in India
      1228 15  -  If Delhi sticks to the refrain 'Computer chips, yes. Potato chips, no', the country may well end up with jnst crnmbs Vikram Khanna The writer is BT's regional economics editor "COMPUTER chips, yes. Potato chips, no." That flippant soundbite is apparently the basis of the policy of
      1,228 words
    • Article
      WHAT THE OTHERS SAY
      392 15 BEIJING cannot forgive Taiwan for its freedoms and modest international ambitions, not until it surrenders its mind and future. It threatens naval blockade, and says missiles will fall every day in Taiwan... To the US, which would inevitably become involved in a Chinese-started war that neither
      392 words
  • Page 15 Miscellaneous
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      174 16 111^^ I M I r The all-alu m iniu m Audi Sfiace Frame takes safety beyond nor ma I steel body standards. Iu m iniu m the licj h t w eight revolution in prestigious 3ut o til otive technology. L J 1 IV! ore power and control is achieved
      174 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Animator pioneer dies, aged 87
      786 17  -  Shamus Culhane did some of the most memorable work in the world of cartoons, reports lawremgbyaxoelder LAWRENCE VAN GELDER NYT Shamus culhane, a pioneering animator who made the Seven Dwarfs march home singing "Heigh Ho" in Walt Disney's Snow White and the Seven Dwarfs, died
      NYT  -  786 words
    • Article, Illustration
      Lock icon Going broke only for the record?
      977 18 MUSIC TLCs manager and record-label are protesting the hot music group's bankruptcy petition NYT [NEW YORK] Success, as abrupt and electric as a summer thunderstorm, enveloped the music group TLC Ave years ago and shows no sign of ending. The three-woman group based in
      NYT  -  977 words
    • Article
      Lock icon Who's who in the group
      384 18 NYT [NEW YORK] The three young singers at the centre of this controversy are Tionne Watkins, known as T-Boz, who has a deep, gritty voice and tomboy demeanour; the volatile Ms Lopes, whose nickname is Left-Eye, who used to sport a colourful wrapped condom in
      NYT  -  384 words
    • CHATTER Box
      • Article
        Lock icon Ex-Mili Vasili memeber hold
        41 18 LA Times ROBERT Hiatus, OMfrttonamanbar of tfcatifcgraeai, dreadlocked music duo Mill! Vanilli, was arretted on Sunday morning in Hollywood on suspicion of attempted car burglary and threatening harm to the oh*« own* and his family. LA Timt
        LA Times  -  41 words
      • Article, Illustration
        Lock icon Fantasy awards
        91 18 AFP SPANISH film«maker Alex de la Igleeia took the grand prize on Sunday at the third Fantasy Film Festival In 1 Gerardmer, France, for his Dtocte to Btttfo (The Day of the Beast). Thell-mcmber Jury, headed by Dutch actor RutgerHauer, also presented a special prise to Anthony j
        AFP  -  91 words
      • Article
        Lock icon Twice the pleasure
        55 18 NYT W BEING the conductor of one orchestra Is good, then being the conductor of two must be twice as pood—or to Marvin Hamliech, who is also s composer and pianist, thinks. He was recently named principal pops conductor 4 the Baltimore Symphony, a poeition he already
        NYT  -  55 words
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      920 17 SERVINGS UNLIMITED! HELP YOURSELF TO y *J\me goodies... (Nt •> pack aa Mat (hußpHng'tWA cfcmg), mini dumpling, p0p44l •> d««p fifad apHagwit iH—'< r«*»*—• wfcued pojk fc V-r akaiiot cake, nvnt p«aa<it ao«p, awnt iwl bw« «4up. kakcd peanut pMtty mm* tek, ang ku koeh, H«aa» kuck, rtc-t."' 5 Eafoy
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      Page 17 Advertisements Column 2
      98 17 The ribs are good cheap 99\\ Man Kan Keng of The Sunday Times voted The Sixties Otoer"** Talk about... Mi Good Ribs jjO* Sixties has it Cosy Ambience Sixties has it Inexpensive Fine has it. For reservations, please call 226-5830 Sixties: 31 Marina Park, Planet Marina #01-10. Singapore *****1. Take
      98 words
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  • Page 18 Advertisements
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      270 18 Growth towards a new centuiy For any inquiries on the products, please contact the following companies. tICT PRINTING MACHINERY, DIESEL GENERATOR, AIR-CONDITIONING SYSTEM, FORKUFT, W^V NEWSPAPER OFFSET PRESS, INJECTION MOLOING MACHINE M MITSUBISHI HEAVY INDUSTRIES, LTD. 5-1, Manmouchi 2-chome, Chryoda-ku, Tokyo 100, JAPAN Phone: 81-3-3212-3111 Cable Address: HISHIJU TOKYO V
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      629 19 J) For stories, quizzes p j songs, call Children's A o'y Funland on 1900-910-0001, 0 at 30 cents a minute. y Where to wine, dine and entertain 7 i x I I 11. —ii I /ufM 111 j coffee house J Have a romantic candlelight j J dinner with our
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      Page 19 Advertisements Column 2
      28 19 |c#^| We bake our cakes and pastries freshly throughout the day, and after 6pm we cut the prices all in half. So pop by for a good treat!
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  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      685 19 TV&RADIO mmmmmmmmm amoo«. limi I H 1 M dm *J r> aa MB AM The Bots Master. iMrt JM M.O.G. As Seen On 9jao Happy Donut House. 4aa i 7.00 Good Morning Singapore. AM Morning News/CNN. A M 0 Wistaria in School. M>-30 A Family in the Eyes of a
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    • Miscellaneous
      Page 19 Miscellaneous Column 2
      146 19 CRYPTIC CROSSWORD 28 Saw Wandsworth, perhaps (11) dressed like a judge (8) YESTERDAY'S SOLUTION DOWN 9 Ending of apartheid means 2 Fodder for one trapped in a displaced negroes get aid labyrinth (5) 13 MNyAyRyEyEBAyEy 3 Dish that may sink in a little Delete from the list, despite Woiaifjtibiojair| d
      146 words
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  • THE GOLF PAGE
    • Article, Illustration
      Taking the game of golf to new heights
      1546 20  -  The Banyan Tree golf course in the Philippines is a real test of a golfer's skills, reports micklaus db crux NICKLAUS DE CRUZ WHEN describing Banyan Tree Nasugbu Evercrest Golf and Country Club, Arnold Palmer himself said, "I expect it to be
      1,546 words
  • Page 20 Advertisements
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      282 20 RENOUNCEABLE PREFERENTIAL OFFER BY KEPPEL BANK OF SINGAPORE LIMITED ("OFFEROR") OF 149,675,796 WARRANTS ("WARRANTS") AT THE PRICE OF Sso.Bo FOR EACH WARRANT TO SUBSCRIBE FOR 149,675,796 NEW SHARES OF 550.50 EACH IN THE CAPITAL OF STRAITS STEAMSHIP LAND LIMITED ("SSL") ON THE BASIS OF ONE (1) WARRANT FOR EVERY FOUR
      282 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      213 20 THE WEATMHK flUngnporee Generally cloudy and windy, with occasional passing showers. Temperature (22-29) Aala-FMMe HVLo* OomL Europe HVLo* Good. HVUt Good. Auckland 23/17 Cloudy Amsterdam 01/1 Cloody Atlanta 06-8 Cloudy Bangkok 36/19 Cloudy Athens 11/06 Cloudy Buenos Aires 27/16 Cloudy Bering OS/-5 Snow Berin OW-5 Cloudy Chrago 00/12 Showers Bombay
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  • COMPANIES & MARKETS
    • Article, Illustration
      SIA still keen to buy stake in Australia's Ansett
      412 21  -  MD says it is i interested if Ansett's sale te Air New Afalmil falls told Froml Florence Chong in Sydney SINGAPORE Airlines is re- ported to be showing renewed Interest in buying into Ansett Australia, the country's sec- pnd international airline.
      412 words
    • Article
      IPC pays US$7m for 50% stake in interactive TV firm
      267 21  -  Target customers include cable TV and telecom groups By, Jennifer Lien [SINGAPORE] IPC Corp has paid US$7 million (559.9 million) for a 50 per cent stake in a new company, IPC Interactive, to provide interactive television systems worldwide. The other
      267 words
    • Article, Illustration
      HK banks'inner reserves: not the full story but still useful
      771 21  -  BOCK LOCK SOW By Quak Hiang Whai IMKk S the first Hongkong bank to release full-year results under the new disclosure rules of the Monetary Authority of Hongkong, Ka W*h Bank's announcement last Monday came as something of an anti-cli-max.
      771 words
    • Article
      Key execs of Datacraft sell stakes totalling 10.9%
      161 21 [SINGAPORE) Key executives of Datacraft Asia haw sold a combined 1.43 million shares representing 10.9 per cent of their interests in the firm. Datacraft said yesterday that its managing director and chief executive officer Derek Peter Althorp, its regional director for South
      161 words
    • Article
      OPH joins China leisure venture
      185 21 [SINGAPORE] Listed Orchard Parade Holdings, through its wholly-owned subsidiary, OPH Leisure, is investing in a bowling and amusement centre in Chengdu, China. The total investment in the project, called Chengdu Leisure World, will amount to 554.6 million. OPH Leisure will take a 20 per cent
      185 words
    • Article, Illustration
      Wong Kok Siew becomes STIC's non-exec chairman
      214 21 TeoMingKian resigns as chairman and director [SINGAPORE] Singapore Technologies Industrial Corporation's former president Wong Kok Siew was yesterday appointed the group's non-ex-ecutive chairman. STIC also announced the resignation yesterday of Teo Ming Kian as chairman and director. No explanation was given for his
      214 words
    • REGIONAL COMPANIES
      • Article
        M'sian newspapers to cost more
        358 22  -  From, Ruth Wong in Kuala Lumpur HIT BY rising costs, Malaysian publishers yesterday raised the cover prices of all major newspapers in a move which will lead to healthier bottom lines, analysts said. The New Straits Times Press (M) Bhd (NSTP), Malaysia's largest publishing house,
        358 words
      • Article
        Lock icon Telekom undecided about Indon venture
        203 22 AFP [KUALA LUMPUR] Stateowned Telekom Malaysia has yet to decide whether to pull out of a troubled joint-venture with PT Telekomunikasi Indonesia in Kalimantan, a top official said yesterday. "We can't confirm at this stage," Telekom's chief executive and managing director Mohamed Said Mohamed Ali
        AFP  -  203 words
      • Article
        Lock icon Hong Leong Industries pre-tax earnings up 38%
        198 22 Net profit down 10% after Ms443m minority payout AFP (KUALA LUMPUR] Malaysia's Hong Leong Industries Bhd said yesterday its interim group pre-tax profit surged 38 per cent from a year earlier to MsllB.l million (5565.6 million) in the six months to December. Group
        AFP  -  198 words
      • Article
        Two joint ventures to invest in Cambodia
        196 22 [SINGAPORE] Two joint-ven-ture companies involving Singapore groups like Intraco, Thakral Investments, CWT subsidiary Camsin Corporation and Hiap Huat Holdings have been formed to invest some US$2O million (Ss2B million) in Cambodia. A 10,000 ha piece of land in Takeo province has been identified
        196 words
      • Article, Illustration
        S'pore IT centres for Cambodia
        210 22 [SINGAPORE] Mainboardlisted Informatics Holdings yesterday said it was setting up a joint venture with three other Singapore companies to pioneer the set-up of information technology (IT) training in Cambodia. Informatics will hold a 40 per cent stake in the venture, IGHT Pte Ltd, with the
        210 words
      • Article
        Lock icon Olympia awaits gaming licence decision
        145 22 Bernama [KUALA LUMPUR] Mycom Bhd said its subsidiary, Olympia Industries Bhd, has appealed to the authorities for the reinstatement of the 1996 gaming licence of its subsidiary company, Diriwan Corporation Sdn Bhd. Olympia is still waiting for the authorities to reply on the matter, Mycom
        Bernama  -  145 words
      • Article
        2 Hong Leong firms on the Net
        277 22 (SINGAPORE) Next time you want to find out where a particular Hong Leong Finance or Singapore Finance branch is, all you have to do is get on to the Internet, click a few commands and within seconds, you will get the location on
        277 words
      • Article
        STIC denies it is buying German firm
        108 22 [SINGAPORE] Singapore Technologies Industrial Corp yesterday said it is not conducting any negotiations to purchase German medical technology firm Dornier Medizintechnik. The main board-listed industrial company, whose parent is the government-owned Singapore Technologies Pte Ltd, was responding to a Reuters report that said
        108 words
      • COMPANY Briefs
        • Article
          Lock icon Majestic to issue more shares to MPHB
          93 22 Reuter [PERTH] Majestic Resources NL has agreed to issue a further 9.17 million shares to Malaysia's Multi-Purpose Holdings Bhd (MPHB), lifting its stake to 19.97 per cent Funds raised through the placement would be used to complete the purchase of significant copper resource
          Reuter  -  93 words
        • Article
          Patrick Yeoh joins Tat Lee board
          34 22 [SINGAPORE] Patrick Yeoh Khwai Hoh was appointed a director of Tat Lee Bank on Feb 1. He Had recently retired as president and a director of DBS Bank.
          34 words
        • Article
          SSL warrants oversubscribed
          41 22 [SINGAPORE] Straits Steamship Land's warrant offer received acceptances and excess applications for 162,468,332 warrants, representing about 108.5 per cent of the 149,675,796 warrants offered under the exercise. The acceptances for 148,570,764 warrants represented 99.3 pacent of those offered.
          41 words
        • Article
          ST Aerospace unit gets Hercules deal
          35 22 [SINGAPORE] ST Aerospace Engineering (STA Engrg), the wholly-owned airframe maintenance subsidiary of Singapore Technologies Aerospace (STAe), has been appointed and authorised by Lockheed Martin as a Hercules Service Centre.
          35 words
        • Article
          Rotary buys 30% stake in MP World Corp
          56 22 (SINGAPORE] Rotary Engineering has invested US$l.B million ($2.5 million) for a 30 per cent interest in MP World Corporation. MP has an 80 per cent interest in a joint venture with First Automotive Works of Changchun (FA W) to make aluminium castings
          56 words
        • Article
          GSI suspended pending results
          25 22 [SINGAPORE] General Securities Investments Ltd (GSI) has requested that its shares be suspended today pending the announcement of its latest results.
          25 words
      • Article
        January good month for emerging markets
        470 22  -  Morgan Stanley Capital index rose 7% for biggest monthly gain in over a year By' Ven Sreenivasan [SINGAPORE] Emerging markets enjoyed their largest monthly gain in more than a year during January, according to Morgan Stanley Capital International (MSCI). The MSCI Emerging Markets Free
        470 words
      • COMPANY Briefs
        • Article
          Lock icon Acer plans to invert in industrial park *
          64 23 Acer plans to invert in industrial park Reuter (TAIPEI] Taiwan's Acer Group plans to invest the lion's share in a high-tech industrial park it expects will attract NTIIOO billion (515.15 billion) in investments over a 10-year period. Chairman Stan Shih told Reuters yesterday that foreign and local partners will be
          Reuter  -  64 words
        • Article
          Lock icon Seven's net profit rises 18%
          67 23 Bloomberg Business News [SYDNEY] Seven Network Ltd, the second-ranking commercial television network in Australia, said net profit rose 17.7 per cent. It said net profit in the 27 weeks ended Dec 90 rose to A 191.8 million (519&2 million), or 29.7 Australian cents a share,
          Bloomberg Business News  -  67 words
        • Article
          Lock icon NEC, Disney Interactive to market PCs
          39 23 AFP [TOKYO] Japan's NEC Corp said yesterday it had joined forces with Walt Disney and Co unit Disney Interactive to market personal computers in Japan and develop software using Disney's animated characters. AFP
          AFP  -  39 words
        • Article
          Lock icon China Tight denies it plans to sell assets
          78 23 Bloomberg Business News [HONGKONG] China Light Power Co Ltd denied reports that it plans to sell electricity and assets to Hongkong Electric Holdings Ltd, a China Light spokesman said. A report in yesterday's Hongkong Economic Journal said China Light's chairman Sidney Gordon
          Bloomberg Business News  -  78 words
        • Article
          Lock icon McDonald's to phase out low-fat burger
          75 23 Reuter [NEW YORK] McDonald's Corp soon will not be frying any more of its low-fat, McLean Deluxe hamburgers anymore. The McLean Dehixe, which had 10 grams offat or half that of a McDonald's Quarter Pounder, will be phased out over the next few weeks
          Reuter  -  75 words
      • Article
        Winwood wins control of Hudson Timber
        362 23  -  Firm overthrows Hudson board after failed takeover bid Prom Surinder Singh in Sydney WINWOOD Forest Industries, the Malaysian-owned company which last November made an unsuccessful hostile takeover bid for Sydney-listed Hudson Timber Industries, last week managed to snatch control of the company by effectively
        362 words
      • Article
        Shift of trading in HK stocks abroad worries regulator
        432 23  -  Commission will study matter before coming np with ways to stem the drift From Quak Hiang Whai in Hongkong HONGKONG'S Securities and Futures Commission (SFC) is worried about the increasing shift of trading in Hongkonglisted securities to overseas markets, the securities
        432 words
      • Article
        Lock icon Telstra considers new network in Australia
        258 23 Reuter [MELBOURNE] Australian telecommunications giant Telstra Corp yesterday said it may decide next year whether to proceed with a full service broadband network handling telephone, data and pay television. The state-owned company said this would be a multi-bil-lion dollar project, additional to the A
        Reuter  -  258 words
      • Article, Illustration
        Lock icon Reason to shout
        61 23 [SYDNEY] A futures trader shouting an order at the Sydney Futures E&hange yesterday as data showing an increase in employment was released. The jobs figures were good news for the government in the lead-up to the federal election in early March with the economy showing signs of
        AFP  -  61 words
      • Article, Illustration
        Lock icon Ming Pao shares fall as trading resumes
        251 23 Suspension lifted as 25.03% of its shares are in public hands AFP [HONGKONG] Trading in the shares of Ming Pao Enterprise Corp Ltd resumed yesterday on a weak note after the company met listing requirements by having 25.03 per cent of its stock
        AFP; Source: Bloomberg  -  251 words
      • Article
        Lock icon News Corp 2Q profit likely to dip 2.2%
        276 23 Lower income fran Fo* TV a key factor, say analysts Bloomberg Business News, Reuter [SYDNEY] Rupert Murdoch's News Corp will likely show a decline of about 2.2 per cent in the earnings for the three months to Dec 31 when it reports
        Bloomberg Business News,; Reuter  -  276 words
      • Article
        Stanchart gets approval to open Vientiane office
        188 23 [SINGAPORE] Standard Chartered Bank has received permission to open a representative office in Vientiane, the capital of Laos. In a statement yesterday, the British bank said the office will focus initially on inward investment, trade finance, correspondent banking and provision of on-shore support
        188 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Strong traffic boosts BA's 3Q pre-tax profit by 30%
        427 24 Better performance by partner airlines also helped BA hit higher profit of £104 m Bloomberg Business News [LONDON] British Airways pic said third-quarter pre-tax profit rose 30 per cent on strong winter seat-occupancy data and better performance by partner airlines. Pre-tax
        Bloomberg Business News; Source: Bloomberg  -  427 words
      • Article
        Lock icon Microsoft to stop work on tool for its online service
        325 24 It will concentrate instead on new version for World Wide Web Reuter, Bloomberg Business News [NEW YORK] Microsoft Corp plans to halt work on a programming tool for its online service, MSN, the Wall Street Journal reported yesterday. The company
        Reuter,; Bloomberg Business News  -  325 words
      • Article
        Lock icon New CEO Bollenbach expected to bring focus to Hilton Hotel
        260 24 Bloomberg Business News [BEVERLY HILLS, California] Hilton Hotel Corp's new president and chief executive, Stephen Bollenbach, is back in the hotel and casino business. Analysts expect him to bring focus to a company that's given shareholders a series of flip
        Bloomberg Business News  -  260 words
      • Article
        Lock icon AT&T, KDD planning joint optical seabed cable
        94 24 AFP [TOKYO] Japan's Kokusai Denshin Denwa (KDD) and American Telephone and Telegraph Co of the United States are planning a joint optical seabed cable for trans-Pacific telecommunications linking the United States and Japan, a KDD official said yesterday. KDD, Japan's largest international telecommunication
        AFP  -  94 words
      • Article
        Lock icon Hanson: Special dividend for demerger?
        151 24 FT [LONDON] Hanson is considering offering shareholders a special dividend of up to £600 million (Ssl.3 billion) as it attempts to build City support for its proposed demerger. Lord Hanson, group chairman, is believed to have floated the idea following the disappointing stock market reaction
        FT  -  151 words
      • Article, Illustration
        Lock icon Samsung BA among suitors: Fokker
        268 24 Reuter [SINGAPORE] Fokker chairman Ben van Schaik said yesterday British Aerospace, Aerospatiale, Samsung and the Taiwan government are among some of the suitors for the troubled aircraft maker. Mr Van Schaik, who was in Singapore for the Asian Aerospace exhibition, said that Fokker was negotiating
        Reuter  -  268 words
      • Article
        Lock icon Nintendo to delay US launch of Ultra 64 again
        221 24 Bloomberg Business News (KYOTO] Nintendo Co will delay the US launch of its powerfill Ultra 64 home video-game player until Sep 30 because it can't get enough semiconductor chips. It is the second time the company has put back the US
        Bloomberg Business News  -  221 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon BNY picks S'pore as regional hub
        574 25  -  plana tO operations and increase staffing By Catherine Ong [SINGAPORE] The Bank of New York, a leader in the global custody business, has chosen Singapore as its regional hub following the completion of its takeover of JP Morgan's custody business last month. Plans are
        ARTHUR LEE  -  574 words
      • Article
        Tat Lee gets same ratings as Keppel
        262 25 [SINGAPORE] Tat Lee Bank, the last of the local banking groups to be rated by Moody's, received A 1 and Prime-1 ratings for its long- and short' term deposits, and a C rating for its financial strength. Moody's Investors Service said yesterday that
        262 words
      • Article
        Lock icon BankAmerica unit building up merchant bank business
        224 25 Reuter [HONGKONG] Bank America unit BA Asia is building its merchant banking business to prepare for Asia's increasing capital needs, according to Frances Taylor, managing director and head of corporate banking. "Our plans include adding people in every single one of the merchant
        Reuter  -  224 words
      • Article
        Lock icon CURRENCY REPORT
        173 25 Reuter London THE dollar was softer in Europe after frustration at the US currency's inability to overcome key barriers prompted a general liquidation of long dollar positions. "We spent the whole of last week and some of the week before that in a tight range and it was
        Reuter  -  173 words
      • Article
        Lock icon Oil prices little changed ahead of UN-Iraq talks
        317 25 ENERGY REPORT Reuter [LONDON] Oil prices were little changed yesterday ahead of talks between the United Nations and Iraq on a UN plan allowing limited Iraqi oil sales. Benchmark North Sea Brent crude was up one cent a barrel at U5516.72. Talks
        Reuter  -  317 words
      • Article, Illustration
        Untitled
        1156 25 PrrHKBAMKCUKMWCTEATBg 4pm M5 A«aMS$ Afatest IIS$ Aoatatt 5$ ipMHt C«TOTd«» H OUr H OfHr Or-tto M 0W» W< QH* Frmdi frMC 27.1576 27.mi 5.0010 5.0030 Local dollar* to omc w*U of foreign cvrrmey: HMjfcMfMlar *J! 7.73M 7.7314 AiistrMMMIv 1.0690 WTO 0.7555 0.75*0 IrtHUftH»l* 0.06M ,,04«9 22*,750 2,*****0 CwteWlf ***** 1.0297
        1,156 words
    • COMMODITIES & FUTURES
      • Article
        COMMODITY Reports
        903 26 [KUALA LUMPUR] The soft performance of other base metals on the London Metal Exchange (LME) overnight eased tin prices on the Kuala Lumpur Tin Market (KLTM) yesterday, which dropped five sen to M 515.81 per kg. On the LME, three-month metal closed US$5O lower and the bearish market
        903 words
      • Article
        Lock icon SIMEX Report
        1071 26 Reuter [SINGAPORE] Simex Eurodollars ended lower yesterday, mainly on profit-taking. "The market is still looking to §o higher so this Erofit-taking is quite ealthy. I think it is a good opportunity to buy," said a dealer with a European bank. He also said that other factors which triggered
        Reuter  -  1,071 words
      • Knight-Ridder Commodity Summary
        • Article
          Gold price heading to US$500: report
          138 26 [LONDON] The price of gold is expected to soar to US$5OO per ounce, the highest since December 1987, according to Mercury Asset Management, manager of the UK's biggest gold fund, The Sunday Times newspaper here reported. It said MAM's forecast followed its own in
          138 words
        • Article
          World zinc deficit
          146 26 [LONDON] World zinc metal demand exceeded production by 141,000 tonnes in 1995, according to a preliminary estimate from the International Lead and Zinc Study Group (ILZSG). Western World metal demand exceeded supply by 779,000 tonnes with the deficit largely met by a drawdown in stocks, including a
          146 words
        • Article
          Higher lead consumption
          129 26 {LONDON] World demand for refined lead exceeded supply by 109,000 tonnes in 1995, according to a preliminary estimate by the International Lead and Zinc Study Group. Western World metal demand exceeded production by 299,000 tonnes last year, resulting in a significant fall in reported stock levels. World
          129 words
        • Article
          Mauritius exporting less sugar
          81 26 [LONDON] Mauritius exported 36,780 tonnes of sugar in November last year, down from 51,131 tonnes in the same month of 1994, according to the latest figures from the Mauritius Sugar Syndicate. Exports for the first 11 months of last year amounted to 457,810, down from 470,051
          81 words
    • Article
      COMMODITY PRICES
      1140 26 SICOM FUTURES Feb 5 RUBBER (futurw closing «s at 5J0p«) RSS1 CONTRACT(S curtiAq) ClOM VolWM OpM Hfrft tow $#tt (loots) HrtfMt Mar 96 220.50 1425 Apr 96 219.00 217.00 217.75 t050- 5225 M<y 96 218.50 215.00 216.00 B50 3975 Ju» 96 218.50 213.00 ***** 350 3225 96 213.50
      1,140 words
    • Article
      REGIONAL STOCK MARKETS
      4707 27 D**»» -250.66 SHARE prices closed lower yesterday on modest profittaking after Wall Street's decline on Friday, a stronger yen and with buyers sidelined. The Nikkei 225 Average was down 250.65 points at 20,653.38. The Topix Index was down 16.51 at 1,601.00 with the Nikkei 300 Index down
      4,707 words
    • Article
      WORLD STOCK MARKETS
      1628 27 □London -347 STOCKS suffered their biggest one-day loss in three months after British Airways and Dalgety posted disappointing earnings. "The results from British Airways and Dalgety were noticeably disappointing," said a trader. "People are more nervous about the coming earnings season than optimistic." The FT-SE 100 Index,
      1,628 words
    • Article, Illustration
      Lock icon HONGKONG
      2553 28 AFX-Asia Q Hang Seng +14.72 SHARE prices closed slightly higher as investors took profit in property stocks and switched into utility and other stocks that have lagged behind the market's recent rises, dealers said. The Hang Seng Index closed up 14.72 points at 11,484.12 on turnover of HKJB.94 billion.
      AFX-Asia; JEN CHUA; ALLAN  -  2,553 words
    • Article, Illustration
      Lock icon CHINA
      647 28 Reuter n Shanghai B Share Index -0.44 SHANGHAI B Share Index closed lower yesterday in slow trading, with most investors keeping to the sidelines due to a lack of market-moving news. The B Index fell 0.44 point to 51.30 on volume of 3.5 million shares worth US$l.6 million. "Trading
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  647 words
    • Article, Illustration
      Lock icon JAKARTA
      1023 28 Reuter PCwnpogtalndg +351 STOCKS ended slightly higher despite profit-taking in heavyweight shares, particularly those in the consumer sector. The Composite Index rose 3.57 points to close at 591.14 after touching the day's low of 587.53. "Investors switched their portfolios to second-liner stocks because they are still cheap," one broker
      Reuter; JEN CHUA  -  1,023 words
    • Article, Illustration
      Lock icon BANGKOK
      1242 28 Bloomberg Business News Q SET big -LB STOCKS were mixed as bank shares fell and export-oriented electronics producers surged for a second day. Electronics rose on expectations a strong US dollar would boost profits. "Some investors are looking backward, others forward," said an analyst. "With interest rates coming down
      Bloomberg Business News; ALLAN  -  1,242 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Foreign funds bid blue chips to 8-month high
        7208 29 KUALA LumurvMißeports Bloomberg Business News Q Composite Index *<170 STOCKS rose to an eight-month high as foreign investors bid up blue chip companies like Tenaga Nasional and Genting. "One of the drivers in the next few months is going to be international
        Bloomberg Business News; ALLAN  -  7,208 words
    • WARRANTS & OPTIONS
      • Article
        Tat Lee looks like a good bet
        3356 30  -  WARRANT WATCH I W II -By R Sivanithy OBSERVERS would have noticed that after yesterday's fine run, almost all the local bank stocks have moved to their all-time highs. The only exception is Tat Lee Bank which, at $4.00, is a fair bit
        3,356 words
    • Article
      CLOB INTERNATIONAL
      1753 30 a cia. d*a. g s sgfcrzg r r.% *2 "J* u nt mi 2 5 n Am*t*l50e M -I mm M M IB «4 10 IS 2B.I »27* 71 M04 AMH»H«QtSOe K3 -I Mm Its tu K4 U li 10 213 2374 .5 25 p Ld W U
      1,753 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        924 31 TUMOVCX COOOi VALUC (*000) cn» Ttm m» a* ww «W)5 36.242 124.497 *****3 *7,7*0 302,183 F inane* 14.470 24.497 30.967 10W24 40.423 1S0.747 (MM 5.972 U30 7402 22.340 2.4*3 24,832 PropartlM 20,820 17,693 38.522 89,143 25,162 1MJ05 Plantation 6.470 18,897 18.897 MM"* 2,852 2.852 IMM 10,610 ***** 11,911 39,414 *****
        924 words
      • Article, Illustration
        Lock icon HOT STOCK
        75 32  -  PUI J Paul Leo OMNI MOLD has been trading between 66.5 ants and 82.5 ants sina November and is ttkety to continue to do so fttr sometime. Moving Average OonvergenaDivergena Indicator Is oedUatlng around zero, typical of a consolidation trading pattern. Mooing Averages art atio crisscrossing each other
        JEN CHUA  -  75 words
      • Article, Illustration
        Doubts vaporise as STII breaks record convincingly
        904 32  -  STOCK MAKUT COMMENTAKY Banks benefit handsomely and property play continnes as more foreign funds poor in By R Sivanithy [SINGAPORE] Any lingering doubts about the ability of the Straits Times Industrials Index to break through its all-time high of 2,471 were swept aside
        904 words
      • ON THE GRAPEVINE
        • Article
          Who's driving Inchcape?
          132 32 MOTOR company Inchcape Bhd is losing senior managers faster than you can say Certificate of Entitlements. The latest to go is Inchcape Motors' business development manager Lee Chiu San, who left suddenly at the end of last month after a decade with the company. He will be
          132 words
        • Article
          The fun(ny) language
          204 32 FUND managers, being self-important like to talk in a language few can understand. For those who only speak English, we offer a translation of the words and phrases commonly used in the Industry that grows rich on other people's money. When a fttnd manager says he adopts
          204 words
        • Article
          Coping with grinf
          131 32 TECHNICAL analysts who use the Coppock indicator in their charts might be interested to know how it evolved. According to Phillip Securities' latest Far East weekly, Ed Coppock wss a Wall Street banker who was asked by the Episcopal Church to manage its fUnds. The story goes
          131 words
    • Article
      MAIN BOARD
      4331 31 Of Gr M Wt 1995/96 Last Vei Day Last Ouota Olv Oiv VM Nat Cap *<1 High Law StNo Company Sala COOP) High Law Buyer Saliar H CV P/t 5«Mi Ww MDUSTKtALS 21* "6 1258 Acer 50c US204 *4 238 204 195 202 204 13.8 337.7 494 318*
      4,331 words
    • Article
      SESDAQ
      760 31 iff* y«l 0»* LMtftMt* M> M C<» Avf mh> ki mm amgrni j* cooo) nm> l— »m* cv m £5 lao so loo? ?2» 704 282 264 280 281 W 0 6.9 03 61-' 124.3 271 280 50 2001 Aiiamatrtx 50c 290 211 220 711 •o w -5 *f^
      760 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      147 21 Sm today to JV LOOK GREAT fm FOR YOUR Jm LOVED ONE B3EE2E3ESSB What better time than Valentine's to get your figure the way you want it for your loved one Marie France Body line is the safer, surer way to lose fat without suffering hunger or exercise routines. And
      147 words
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      Page 22 Advertisements Column 1
      1143 22 I 180 Cecil Street #17-00, Bangkok Bank Building^ingapor^69s4^^^^^^^^^^^^| I (This is to be read in conjunction with the Fund's Notice of Extraordinary General Meeting) I J The Board of Directors of ASEAN Fund Limited is pleased to announce I I That the United Kingdom Board of Inland Revenue has certified
      1,143 words
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      Page 22 Advertisements Column 2
      93 22 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      93 words
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      Page 23 Advertisements Column 1
      44 23 I In a world of change, isn't it nice to know that some things stay the same. Like our dedication to customer service. L—l— THE ORIENTAL SINGAPORE SM The Oriental, Singapore, 5 Raffles Avenue, Marina Square, Singapore *****7. Telephone: (65) 33N(H)66. Facsimile: (65) *****37
      44 words
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      Page 24 Advertisements Column 1
      1381 24 SCOTTS HOLPINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT In response to the Press Release (the "Release") issued by Mr Rafiq Jumabhoy ("RJ") on Scotts Holdings Limited's ("SHL") Announcement dated 31 January 1996 (the "Announcement") on the disposal of SHL's interest in the Project in Gurgaon, India (the "Project"),
      1,381 words
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      Page 25 Advertisements Column 1
      754 25 S S TIMES COMPAf«EsS^T° F Ap H 5O 'N THE MATTER OF THE COMPANIES ACT, CAP. 50 AND YEONG iAfow MARINE TRANSPORT PTE LTD I I r"~— ——i IN THE MATTER OF LIQUIDATION) CARPE DEM PTE LTD NOTICE OP FINAL MMUMC NOTICE OF SPECIAL No6ce 15 hereb > B ,ven
      754 words
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      Page 29 Advertisements Column 1
      67 29 Quickstock*„ HiHI,,, T^lhTserricevl^'Taria teal-tim* Update A* 4 ltime stock inJ 0 Gives you Uutant access to rtUabl* ttock info 10 "joker,. keep Lets you make timely decisions on your investments. H AO you need is key in the 4-digit stock number found on the SES pages of Business Times A
      67 words
    • Advertisement
      Page 29 Advertisements Column 2
      28 29 ALFRED DUNHILL }J[ Londinium Watch I[ Iks// .Ott/t/uZ/a/ C7%c i/artiyon. l/w (>ify CI Lin hi i( r fy? ant^ fiainuirti M a/ (><>ttr/. O/ass/cs to treasure since ASty?.
      28 words
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      Page 30 Advertisements Column 1
      24 30 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, Please call our Customer Services Section on 1800-749-2577.
      24 words
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      Page 31 Advertisements Column 1
      114 31 Itims WE'RE A BANK OF KNOWLEDGE ON 818 UNIT TRUSTS. TO LEARN MORE, JUST CALL. Investing in unit trusts is a good way to diversify your portfolio. And nowhere will you find a greater body of knowledge about them than at Citibank. To find out about our full range of
      114 words
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      Page 31 Advertisements Column 2
      22 31 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003, axm eertfs "ff -fc a*minute. -fej v,j. v~
      22 words
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      Page 32 Advertisements Column 1
      922 32 Singapore Closing Share Prices 08/02/1996 CLOSE PREV LOW HIGH till## uss uss uss uss MIIF# Jardine Matheson 8.25 8.20 8.20 8.35 WfXnXfl Jardine Strategic 3.46 3.44 3.44 3.48 I VOfiy J Dairy Farm 0.94 0.055 0.04 0.05 Hongkong Land 2.30 2.36 2.37 2.43 wmmmm Mandarin Oriental 1.30 1.28 1.20 1.30
      922 words
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      Page 32 Advertisements Column 2
      286 32 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF F AM CONSULTANTS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held at 420 North Bridge Road. #05-39/40 North Bridge Centre, Singapore *****7
      286 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      315 33 Knight-Ridder, Reuter MOST sizes of dry cargo tonnage were affected by declining rates in the Atlantic. So far the capers and handy-sizes have been the most severely hit by the current slump, but on Friday there were signs even levels for modern Panamaxes were being dragged down. The
      Knight-Ridder,; Reuter  -  315 words
    • Article
      MARITIME STOCKS
      282 33 m m mi *h m CWT attribution 171 ♦0.01 192 Chuan Hup Holdings 1.26 unch 96 Cotco Invastmant 1.99 *O.01 1» FtlS 8-05 *0.05 WW FreMttLMu 0.93S *0.005 254 GB Holdings 132 -0.01 327 Hat Sun Hup 1.04 *0.01 1476 HKacNZaaan U6 *0.03 2*5 MCHoMbtgs HK5.60 Jaya Holding*
      282 words
    • Article
      S'pore firm gets Viet nod for ship-to-ship transfers
      411 33  -  Petrotech to operate in first petroleum truster site in east Vietnam coast By Yong Mei Fong [SINGAPORE] Local firm Petrotech Marine Consultants is pioneering ship-to-ship transfer operations for oil tankers in the first petroleum transfer site in Van Phong Bay on the
      411 words
    • Article
      Lock icon Yarrow shipyard axes 650 jobs
      222 33 Bloomberg Business News [LONDON] General Electric Co pic's Yarrow shipyard near Glasgow cut 650 of its 2,900 jobs because its workload is dwindling, British newspapers reported. The Independent of London also reported that Yarrow warned it will cut more jobs in April if it doesn't
      Bloomberg Business News  -  222 words
    • PORT Shots
      • Article
        Lock icon Daewoo in US$64m deal to build 2 ships
        74 33 AFP [SEOUL] Sooth Korea's Daewoo Heavy Industrie# Ltd has landed an order worth US$64 million (StBo4 million) to build two container ships for Conti Reederei of Germany. Construction of the two 2,100-TEU containers, which will have speeds of 20 knots, is scheduled
        AFP  -  74 words
      • Article
        Safmarine ship under S African flag
        63 33 [LONDON] South Africa's Saftnarine has switched its 2,020-TEU SA OranJe, to the South African Register. Hw company now operates five containerahips under the SA flag and hopes more will follow. Projects and finance executive Ivan Heeeom-Green said his company and other South African shipowners
        63 words
      • Article
        Baltic ports form Bopcom
        57 33 (LONDON! One of Europe's biggest-ever maritime transport tele-communications systems has been launched at a meeting in Lubeck. Thirty partners in 10 Baltic countries have Joined the Bopcom—Baltic Open Ports Communications System. It will be introduced in phases over three years and cover all aspects of Baltic
        57 words
      • Article
        Lock icon Fairyoung to list port subsidiary in HK
        64 33 Bloomberg Business News [HONGKONG] Fairyoung Holdings Ltd, an investment holding company, plans to list its China container port subsidiary in Hongkong, the Chineee-language Hongkong Economic Journal reported, citing managing director John Chan. The unit, Fairyoung Port Investment Holdings, has a 92 per cent
        Bloomberg Business News  -  64 words
    • Article
      Income and tonnage of German yards up in '95
      242 33  -  More orders forecast over the next few years Froml David Hughes in London GERMAN yard deliveries in 1995 show that, despite the headlong rush by domestic owners for cheaper foreign facilities. German know-how and quality still finds its takers. An erui-of-year
      242 words
    • Article
      Lock icon Fast ferry industry picks up speed in Philippines
      211 33 Reuter [MANILA] Fast ferries, a recent boon to the Philippines' ageing domestic shipping fleet, are starting to flourish in this country of 7,100 islands which has lost thousands of lives in sea disasters in the past few years. The Philippines could even
      Reuter  -  211 words
    • Article
      Lock icon M'sian firm hopes to seal shipyard deal by mid-year
      140 33 Bernama [KUALA LUMPUR) Halim Mazmin Bhd hopes to finalise its negotiations with foreign shipyard operators to set up shiprepair and shipbuilding facilities in Malaysia by the middle of this year, says its executive chairman cum managing director, Halim Mohammad. He said
      Bernama  -  140 words
    • Article
      Itochu gets $90.6m PSA quay crane deal
      95 33 [SINGAPORE] The Port of Singapore Authority has awarded a $90.6 million contract for the supply of 12 quay cranes to Itochu Corporation of Japan. These are the first of more than 100 quay cranes to be used at the new container terminal at
      95 words
    • Article, Illustration
      Lock icon Sole-client v general agents
      687 34 (SHIPPING AGENCIES: TO SPECIALISE OR NOT? Some agents spread their business risk among many principals while others keep to working with a single one. And though the number of dedicated agents is rising, there is still a need for both Fairplay SHOULD agents spread the risk
      Fairplay  -  687 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      285 34 PAOE Ethiopian 6 ACL II Evtrett 12 AHL 3 Emgrwfl 6 AM« 7 f4mous 7 Accord 12 foonflSun t2 AhrenkM 4 frotj *2 ApptmiMp 4 [ft World 12 Astro 10 G Link Express 4 Austral 11 Gatowwt 12 Avmt 6 <•«"**«« '3 BSA
      285 words
    • Article
      SHIPPING GUIDE
      13401 40 ETA ETA Advartisar VMMl Voyaga Pg ETA ETA Advartisar Vasaal Voyaga Pg SIN Dast'n Nama Nkm No. No. SIN Dast'n Now ..Nama No. No. M/oz 10/03 sinotrans zim Shanghai iw a A M/02 12/03 Evargraan E. GROWTH 2-OS2W 6 ikU| H/02 12/03 TrHsttno EVER GROWTH 0092-052W 4 (Mm*.
      13,401 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        484 47 Vessel Vey Me Bertfc jwW Departure JarMf Pert (BT) Sefati J1 alongside 02.02/1800 '(ID Suriati III 10/96 J1 alongside 02.02/0600 Man Mali N264 J9/10 alongside 02.02/2100 Buana Indah 03/96 J2 alongside 02.02/2300 'Bami Putra 02/01/96 J12 alongside 02.02/1300 ilUmtrans Leo/B 19/95 J13 alongside 02.02/2300 RwniaSelatJ 01/96 J9 alongside
        484 words
      • Article
        CONTAINER SCHEDULES
        1746 47 RECEIVING OF EXPORT FCl CONTAINERS AND La CARGO lootlng/lil Mr i Rstts SMp Voy Mo Ett/Btr Nrtoi from T» Fwm Ha oo» or/mo ovnoo ovus* ovmo 1 MIN MM WMN 4 04/1200 04/M5* 04/1700 m mum i ovbm nw ovmo ovnoc ov*m c^-ioc u 01/1700 04/049* 04/OTCX) a
        1,746 words
      • Article
        COCKETT BUNKER MARKET REPORT
        802 47 THIS report, compiled by Cock ett 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 the
        802 words
      • Article
        GLOBAL HOLIDAY
        569 47 ran* New Zealand: Market and Public holiday, Waitangl Day. FEB 8 Slovenia: Market and Public holiday. Cultural Day. Lebanon: Market and Public holiday, St Maroun. Iran: Market and Public holiday, Revolution Day Holiday (National Day). FEB 12 Japan: Market holiday, National Foundation Day, (in lieu of Sunday, February
        569 words
    • AIR & LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon Asia urged to develop aviation facilities quickly
        382 48  -  Govts should upgrade their operational procedures too, says lata director-general By Dexter Lee [SINGAPORE] Asian governments must speed up the development of infrastructure to benefit from the boom in air travel in the region, said a senior aviation executive. "There is a danger
        ARTHUR LEE  -  382 words
      • Article
        Lock icon China may dump Korea in plane project: report
        335 48 Rumours that S'pore may take its place if disputes continue AFP [SEOUL] China is rumoured to be dumping South Korea in favour of Singapore as co-de-veloper of a US$2-billion (Ss2.B billion) 100-seat passenger plane project if disputes with Seoul continue, a news
        AFP  -  335 words
      • Article, Illustration
        Lock icon Plane crash kills people on ground
        54 48 [ASUNCION, Colombia] Rescue workers searching for victims after a cargo plane crashed into homes near Asuncion on Sunday, killing at least 21 people, most of them children playing an outdoor volleyball match. The plane, a DC-d aircraft of Colombia's Lineas Aereas del Caribe, crashed
        REUTER  -  54 words
      • Article
        Lock icon BAA expects 14% jump in 3rd-qtr profit
        210 48 Bloomberg Business News [LONDON] BAA pic, the operator of seven UK airports, is expected to report a 14 per cent increase in third-quarter pretax profit as the worldwide recovery in air travel boosts retail sales. "The underlying story is very strong," said Marshall
        Bloomberg Business News  -  210 words
      • Article
        Lock icon UK rail firms begin operations
        193 48 Reuter {LONDON] Privatisation of Britain's passenger rail network got under way on Sunday, with a few hiccups an investigation into fraud allegations stopped one franchise, and passengers on another started out by bus. Three British Rail franchises were scheduled to go to the private sector
        Reuter  -  193 words
      • Article
        Lock icon Ansett expands domestic fleet to take on Qantas
        232 48 Reuter [SYDNEY] Budding international airline Ansett Australia turned its attention back to its home market yesterday, challenging Qantas Airways to a dog-fight for market share by announcing a larger-than-ex-pected fleet expansion. Ansett said it would acquire 10 additional aircraft within the next
        Reuter  -  232 words
      • Article
        Lock icon GM unveils new site on Internet
        135 48 Bloomberg Business News (DETROIT] General Motors Corp is planning to offer consumers thousands of pages of information about its cars and trucks through a new address on the Internet computer network. The Detroit-based car maker yesterday unveiled its new site on the computer network's
        Bloomberg Business News  -  135 words
      • Article
        Lock icon Aussie govt to spend A$370m on rail tracks
        135 48 Reuter [ADELAIDE] Australian Prime Minister Paul Keating said the Labor government would spend A 1370 million (*****.9 million) over Ave years upgrading the country's rail tracks. Mr Keating said the money would be spent developing a group called Track Australia that will
        Reuter  -  135 words
      • Article
        Lock icon 3 govt firms may sell PAL shares: reports
        244 48 AFP [MANILA] Three government partners of Philippine Airlines Inc (PAL) chief executive Lucio Tan may sell their shares in a consortium controlling the airline if the beleaguered flag carrier turns in a profit in six years, reports said yesterday. Under a put-option
        AFP  -  244 words
      • LOG Book
        • Article
          Lock icon US,Japan air cargo talks
          65 48 AFP third round oftalks on liberalising air cargo flights hare, l pti,iaOT d®«01n« approaches. The talks atTokyo's Transport Ministry are scheduled to end tomorrow, but art imllkaly to be smooth as Tokyo has been opposing Washington's liberalisation proposals, J{Ji Press toft Tte United States is propoalng
          AFP  -  65 words
        • Article
          Lock icon More Korean car parts for Japan firms
          76 48 Bloomberg Business News [TOKYO] South Korean carmakers will step 19 exports of parts to Japanaaacumpautoa, the NUnmßUmi newspaper wportad yaatmja>.Daa>woo Corp win and other parts to Japan's IsuxuMobOT Ltd tos billion yen (8198.7 million) in 1998, a five-fold increase Aran the camot level
          Bloomberg Business News  -  76 words
        • Article
          Lock icon British Airways carriers more cargo
          57 48 Reuter [LONDON] Carv> carried by British Airways roe« 8.4 par cant to 609,000 tonnes in the nlna months to end-December, thecompsny Mid. Cargo tonne-kilometres rose 8.3 per cent to9B9million km in the third quarter with yields improving by lJpareant. reflecting the changing mix of traffic
          Reuter  -  57 words
        • Article
          Lock icon More MAS period
          63 48 Bernama Airlines (MAS) will conduct eight additional fllifati between hare and Kuala T .nmpurfrom flsfc 19 to 97 to cope with the dilnase New Year and Hart Rayaruah.MASKotaßarumanager Haron Ahmad said yaatarday the extra flights would be between spm and B£opm on Feb 19,24.28 and 37. Meanwhile,
          Bernama  -  63 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
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      11 33 Should shipping si tfonrioc ftgcimwi specialise? Sole-client v general agents. P«|B2
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      423 33 Asia urged to develop aviation facilities Govts should upgrade software too. Back Page tm BPLL SThe Hongkong Shipowners Association's (HKSOA) new chairman is George Chao of Wah Kwong Shipping. He replaces C C Tung of Orient Overseas International. James Hughes-Hallet of China Navigation Company takes on the position of deputy
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      1271 34 HHHHI I OTHER DESTINATIONS 1 I NORTH AMERICA 1 WEST COAST Of CENTRAL AFRICA (MAWQAPfTA BgßvjcFi CALJFOWNU {PmgCT F>K)W WCTT wr casal u dm n ii n mi ok w aaicoon wa I*" I m Injare^iHiiiiJ——MiMih'^^'lTnni— IP I iwjmbii'l I mrnmm m m nm nm nm nm vm vm mm
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      249 34 I fnsn M«»nb«rB of the Regietry of Mwnbwaoftw \nßKf Accredited Shipping Agents. Smgapcwe Freight ronmrdera National Shipping Aaeoc Aaaociaion. <O VW Sa%oJust talk to us... Iris Lim 740-2044 Patricia Chew 740-1645 Jarrod Leong 740-2089 Philip Koh 740-2382 jfSSNHHHHHk: ■JAGRANi 12/02 I ■p*HFORTUNE 20/02 ■BALAJI DIPLOMAT 23/02 27/02 RtfcnMftaffinrtUK I* E
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      1056 35 PAQRC SOUTH WEST EXfRKS (DttKT) *5® w m aire ship m pm mb» oo mk a. hou moo 1 ox «/w 07/w 00/w n/w 27/0? n/n n/n n/n n/n n/m oi/w ti/w ogaajjOigA *x ivw W IS/M 01/03 >5/03 ls7or "575" "0770T "w76~ 176" wow oayi 10/02 2i/n n/w 00/
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      1247 35 HANJIN SHIPPING I USA fitiiiii r immmrm imi I«nI I «a m iw> I<m|in|m. iic |«|q. m mImT m IV I -n£h H 122 22 22 w/ W/M M/w -w Zl™ "!2 11 "2 "2 *2 I w/M I ,i/w jjg w/«» -Tgg- -^-I^-I^l^--^-M 22 2211 »i 2 «2 22
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      1226 36 «ssa VOY HIM IDIM ANT IMA S7ON PKUN6 SMt Hfi MO TYO SN IOK NIC I mNNt»Ba»BS tt7»T ~i77i fsTi ia/i ~i7? n?T~ W IDT ~W ~WT ~nft jm <v«i «/i n/i h/i n/> ii/» iz/* is/? w«m ~WnT w a/i a/i it/i l&r~M~~E7r~iifi Wi umm 30/<O4 27/1 «/l 31/1
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      977 36 II NOR ASIA VESSEL VOY Ism alo las bcl val ham mh kt ant FE lma NORASIA HONS KONG 0008-3 MM 27*2 WV. 02*3 IW3 MI mm* ITI. NORASIA SHARJAH MU IW OMD 0«3 HW W »HOUWM 007W M« 12*J "*3 IMB 17*3 11*3 17*3 1M 1«N MM 11*1 SL
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      603 36 JAPAM/HOMOKOMO/STRAfTS REGULAR SERVICE LOADING FOR PORT KLANO/PENANO vtwa vov »wmt pbuoww na rcw TATMAK TUJUM 11 SIP Tjpj CALATAMMH I to PI 17 Fa LOW OH J HP! hamoy vwmw 1 nn mfb 1»w~ ggmg j >7FH Ufa SHWUWE4 J Ufa MFB 12 Fa COMTY H_ 11FB 11 Fa (ELECTA
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      824 37 SHIPPIWQ PTE LTD l|M Mm 10 Km Chlaaf Road #11*91 Ktppol Tmrara Siiapf 9299 T»l: *****5S F»x: *****7 fTAAITI HO« VMX ten mL MoT Ml UMM I Utatt UJTOrKfm mrolf>w> CAAAKA MM2 VMS HMUNI talllMMH. PNfiniMCl unv Mlli tmMISIM VM4E 13M15M Mm. K* UmM> A Htm. T? ITMITIMOPt VMMf MMIIM
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      1414 37 Mfc P&o Containers (Singapore Afenciea) Pte Ltd > I First Class Connections WORLDWIDE Tel: 225 2233?TdecRS *****1W0C5P? 7517 I CI Naaber: *****9 IMMZ UCPORT v IMDADT it I MTVVII J J tsSgH* oa!n om* oSos Sam S2/03 So* SSn 1" gS?>„—. wonr xm am hot ham n sou uh alo
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      343 37 I—mAM OWOWM WB.WIJON Ml MB MO M BE TOK TM MB Mi OB MM MS 225 MMMMZMWH W irtar-ariwr-ariiia a~ mmvi/m jmljmEjmi n-nm imz mm "sb~ "iS -r- "Eb "bm" ST mtmsLßß— jul juml IS SSI 3Z 3Z St MBMim/MB J7g.Jjg.lMg n-BM M» MM WB mT "55~ BM WM iWRIMai|M*l
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      949 38 MP MM Ml NN THP UN LHV THP ROM ANW HBfi PKL W I EBEPUTERWS3I MA 1/B 10 30 M SO I. BAALANO NE-843 13/1 13/1 13/1 110 13/1 11/1 lift 1M 80 80 1M 11/3 13/3 I. BAR OEM RE-882 21/1 24/1 IVI 28/1 *7/1 1M MO KJ2l"*-*! 1M
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      814 38 w(M(oto SmSw wn iwj Iwn k?O7 jm» B& $k Sow, miom o% o£m oTS? SfJw it/m I ■UN COMMA O*7«7W \SM Mi %M VAtt 2* 9m TMtt KIM SS2S 8/5 85 JI/5 I ■aeagi I*®" *I'*® J# up m I vissa votmi an cap sap I lunnu? !2 03 M/
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      531 38 FW TEL: *****33 (IS UNEB) g» FAX: *****18/*****03 Hf TELEX: RS ***** MBMP (3 LktM) CR NO; **********0E (l jA( BSPHMMMIIB f (NrtwrtHwirfMl m ACCEPTING FCL AND CONVENTIONAL Way LM*«hr 4gWB 06/03 O**** J Abyot 43W8 06AM MorntMM. OpbouM n« T" "T —7 H KIERHUMUMEi FULLY COOTAINERISED REGULAR LINER SERVICE
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      407 39 FOB-BAY DIRECT SAILINGS TO H/UFA -14 MTS NEW TDM 28 DATS Av MIWIWI fcwm if—ti IW tttlttt UHtfrtHktf 4#«Kf Dtft COSTAR SHIPPING PTE LTD hi: HUM CmMHT 4/o*o4l/044 C»fl—r trt OA. 4ZUMI OfnU— CMMmt 4fMMf I m£Ti7£SSm o.c.ifSsrii Cmmm/mil 4W7N •W Mi hmrt J I 2S3 tms ■"MMJttfty Otcttmru [ftpmt*
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      553 39 I ©HEUNG-A SHIPPING (KOREAN FLAG) O NO: I4IM«SMM M migqiißWWHUßwa "~1 V waioitwaaawgsvc I sssfflr l wHmmSf** ft It mm- *siH m M SET Mfir WraßrioMf ii/ti W H7g |wrlml■lm I m. I m\ m SUNMI |m7S/N l«/« I 12/02 I 17/011 If/12 |10/02 I 25/42 I »/W I 11/43
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      421 39 I FAMOUS CONTAINER LINES 80 ROBINSON ROAD. #22-02 SINGAPORE *****8 (30 P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 GLOBEUNK FORWARDERS PTE LTD ISttl TEL: *****33 (1$ UNKS) FAX: 226*89*2*6*743 TLX: *S ***** ACT WLJRfI PKU (09f *****07 J* (07) *****97 (9 UNO*)
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      28 39 I "EOULAR CONVENTIONAL I I Ticcn AND FLYWOOQBEIMCB> I SP PK LOADING FOR I J I FORUM POWER 12*2 15*2 AMS/AHT/UK I 15*3 20*3 TMESTE I MOMFALCOME/VASTO I
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      449 42 KAPAL KRIS Shipping Pte Ltd I 7N DUXTOH ROAD, S'POIK *****9 *****74 *****77 01 HO. **********0G SYARIKAT PERKAPALAN KRIS SENDIRIAN BERHAD *****9 HOCK A GIOMAC DJSMBS CEMUIt, 10 JAUN SS 6/1, KHANA JAYA ML 10* M2i ***** KRUNO IKIK SHAMGOt. 1H: 704*477/71/79 FAX: 7****** THEfc M JOMS I kucnbo i
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      198 42 SOUTHERN AFRICA SERVICE DtRgCT MONTHLY SAIUNOS HWOfISttVKI VESSEL/VOT AM UmOMM HOWBHWG BMW VBSa n TM SM PI NTS Ml CI WM SKN KKU TMA TUUNDOTWII SU SU 17/12 99/12 oettT nowß vi 24 su su su su su su mm pacsuhvi/h a» sid hpt 01/02 donjumvm 21/02 2S/02 27/02 IAAMtt
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      257 42 Im-iIJIIJIMIIMIJ m tbjOk kangah hqad mmt envonr centre store mm TEL *****11 (6 lines) FAX: *****05 TIX RS ***** ffl MO. **********0W veu& my. cm etb oßwunon HMunat mm nmm tamm prlmummmtok INN MM MMM MM HMKMMIMMK UMMI Ml Mmm mmm fonimmm ■MMM MM I«MM tIMM MEMBER— MNIMM MM IUW
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      63 42 (Bk. Astro ShiDOtM Pte Ltd v«VlB V VINVIrmV iw V WEEKLY CONSOLIDATION SERVICE ESTZI^SS^ TEL *****45 (10 UNtS) BUI: 325-40 M k Tolo Games I Crack ©Slr^ Safe Test your skill against our' Super Safe* Computer. Break the 4—digit Code within 10 tries. Or else, you'll be caught ...by our
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      661 43 M MYANMA \HBHk FIVE STAR UNE 1 (Mywr NMtaMl Uh) lufcl far Yaapa (Raa|ooa) wssa VOT SM KG mi pen MBMI nsw 11/01 MtfWAY MW IJ/0J MMAY9O MINTS: KWSTIM SMPfM MBKXS KM: IB H4S-MI73M ,Nk IH 03-03-*****01 KM IB 0144-*****01 KB: IB 01-07-*****11/4 BANK LINE (A sarvk* of Aadraw Wafr
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      1060 43 ADVANCE CONTAINER LINES (PTE) LTD -A OI 140 Cad Straat, #12-00, PIL BuMcflng, StngM»r» *****0 LaZ TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPI CR NO. **********06 ->;.V. BAyTtfWTff jtKfal <1 fsMMmUHI. ffaH^kNiir.» jaMUoa »o 104) 1 L FOMT AyTMMIlff MAMAW> *"'"*o*™" vessel V2L_ w W SN >S* VOT m
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      864 43 I VEWELS m n—era ILEHUHE HAMBUBO THAMBBPOHT BQTTEHOAM WIXW "1 VBXE D*AQUBA AI3MT 07AB IMB 27M8 2MB 01/03 OMB OMB VBLEOECAWNA CI3W IMB 2MB 00)09 QMP 11/08 IMB IMB VHED6 SAQfTTA SI9W 22M8 OMB IMB IMB 17/09 IMB <m«| WLLEOEHOWMA XI3W 11/03 1»03 20MB 22/33 2MB 2V03 ALSO ACCEPTING CARGO
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      873 44 v.;. v vg gL "j* J T vov «N po< ~I^B Ve£kl VOY SM BKK I EAOLE TlQg* 113 Tu. In Pt »H ICVO2 STAMfOWO <718 Tu. In PI Thu OS/OS HATHA BHUM MW Tu. mPt HSS 1 *£Hg* SSteL JEfiJ. JUL J£s£si TIS I H MATHU BHUM* 2MN w5~
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      659 44 79 ANSON ROAD, *21 -01, SINGAPORE 0207 CR **********0N mum wwrrm wwc« PORT KLANO PENANQ vt»a voy mm m mm I vor I mm ra SEALAUREL 458N 11AK SUN 12AKM0N SUSAK ***** 12/TOimN UTOWm TAGE 601? tZAgMOW IMB WED PAOftCLADY ***** 14/0? WFH 1&02FRI SEALAUREL 459N IMJ2 THU 1602 FRI
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      558 45 MjC.J SINO IXPRKSS SHIPPING (PTI) LTD. V M I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. V—— TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX MWOTWAWS SHANGHAI (COHTAIWER SERVICE) SIH/HKQ/3HAI S-PORE HKQ SHAJ VMB. VOY ETA I ETP ETA ETP ETA ETD LATMOS 9603/9604 04/02 05/02 09/02 10/02
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      396 45 KIMTAIMF* IMBft IMf* L AanrtKMAC-nS SnME: *****22(24 UMS)kucw«>: toe) *****3 bJv\ZJ 0, lT M w.<Q3g3i«m muwiwi Bs»as»««i ssaaasr ACCEPTING TO:CEBU mv "INTRA BHUM" V.26E ETA 17/2 SONGKHLA, THAILAND US$55/m 3 (BC) MTL TOR mv "HANJIN HAMBURG" V.025E ETA 8/2 CALL: EILEEN, PHYLISS, XIUHUA I am. mcwuimmw I Xx\ «SSS* 1
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      98 45 WEEKLY SAIUNGTtT Me CTAKf US STATES (VIA BANDAR ABBAS/BUSAN) UKRAINE MA ODESSA) MOSCOW MAFHUWD) THE RUSSIA SPECIALIST ACCEPTINC BOOKING FROM FAR EAST, J INDIAN SUB-CONTINENT AND CHINA MAIN PORTS. ATTRACTIVE FCL/LCL RATES TO: Indian Sub-Continent Ports MADRAS/BOMBAY/ CALCUTTA COLOMBO CHITTAGONG NHAVA SHEVA ■g* KhiiliP'i j JMHHO- WENDER >NTAINER LINES ounura&BooKmos
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      529 46 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 74 0-6000 Inmarsat-B M- a new era in mobile satellite communications Document code Sentosa LES Inmarsat-B and M «jr nQQ services are advanced digital satellite communication systems which provide good quality services at competitive rates. i /""•Call
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      265 46 TEAMWORK is when everyone I takes responsibility and diligently Pocumtf^Coflt^ t" Qoal. A quality which has been The Total Transportation People established UNCI im VISA FREIGHT SERVICES PIE LTD <!EUF* 10AnsonRd#2009InternattonciPlazaSngapor©*****3 Tel: 65-*****66 Fax:6s-*****86 Tetex: RS ***** VISA VISA FREIGHT TOU. FREE 9:1800-*****66 SERVICES PTE LTD —r———— > frn.~ j"-»
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  • Page 47 Miscellaneous
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      119 47 LEGEND: R Thunderstorm Temperature c A Show«r W»oth«f Wind direction with speed in knot* Roin L/ Cloudy Sky Wov h ht Surte* winds ore mdicoted by orr«wi which «y with the wind Cl) On. fui circle represents cotm or ight ond variable winds J_» One half Heche represents 5 knots
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