The Business Times, 12 January 1995

Microfilm: NL19765
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE BusinessTimes WE MOW ASIA MITA(P) 194/12/94 Thursday January 12 1995 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow down 17 points
      63 1 Bloomberg Business News UPI NEW YORK Wall Street stocks retreated yesterday amid concern that a three-week-long slide in the Mexican peso would damage some companies' 1995 earnings. At 11 am EST, volume was about 99,740,000 shares, compared with 106,560,000 in the same period Tuesday. At 1
      Bloomberg Business News; UPI  -  63 words
    • Article
      Lock icon Gorman GDP grew 3%
      36 1 Reuter FRANKFURT Bundesbank president Hans Tietmeyer yesterday said the German economy grew by almost 3 per cent in 1994 and that the German recession was undoubtedly over, according to the Handelsblatt newspaper.
      Reuter  -  36 words
  • Article
    MARKET SUMMARY
    164 1 Stock market indices Wednesday Change STII 2145.69 +8.49 KLSEComp 925.50 +2.12 Nikkei 19,548.47 +47.02 HangSeng 7,392.75 -148.97 SET Index 1,314.35 -11.64 Jakarta Comp 461.40 -7.30 CLSA China B 860.97 -5.58 Aust All Ord 1,859.3 +3.6 FTSE 100 3,049.4 -11.0 Wednesday Previous lpm EST close Dow Jones 3,849.24 3,866.74
    164 words
  • Article
    Prices down 17% at URA's first land auction this year
    572 1  -  By Abdul Hadhi SINGAPORE In what may set the tone for the private residential property market his year, average bids yesterday at the Urban Redevelopment Authority's first land auction of 1995 were 17 per cent lower than those set last
    572 words
  • Article, Illustration
    Lock icon A good enough start... but a quiet end
    97 1 THOUGH two more land parcels remained to be sold, the auction hall at the Urban Redevelopment Authority's first land auction of 1995 yesterday was more than half-empty. The auction, scheduled to start at 2 pm, was delayed for about 15 minutes because
    Photo by Wong Kwai Chow of The Straits Times.  -  97 words
  • Article
    Positive US data fails to lift regional markets
    217 1 SINGAPORE Regional stock markets responded with indifference yesterday to indications that US inflation may be under control, with most markets recording broad-based losses. In Singapore, relief that the latest US producer price figures showed little signs of inflationary pressure was quickly overshadowed
    217 words
  • Article
    Lock icon Thai, Indon officials deny rumours of currency devaluation
    305 1 Agencies BANGKOK Central bank officials in Indonesia and Thailand yesterday denied rumours that the baht and rupiah would be devalued after worries about Mexico-style devaluations fuelled weakness in their currencies against the US dollar. A Bank of Thailand official said the Thai
    Agencies  -  305 words
  • Article
    US-Japan financial accord to take effect by March
    208 1  -  From Anthony Rowley in TOKYO THE financial services agreement between the United States and Japan announced in Washington is likely to be signed and implemented by March, after the necessary treaties have been signed on both sides, US sources indicated yesterday. The
    208 words
  • Article
    Raffles Medical Group may apply for listing in 3rd qtr
    402 1  -  By Ven Sreenivasan SINGAPORE The Raffles Medical Group, which launched a mini hospital yesterday, is lipped to go public later this year. Sources say the group one of the biggest health-care providers in Singapore is likely to apply for a
    402 words
  • Article, Illustration
    Daimler-Benz looking at currency switch for local stock, says chief
    352 1  -  By Chew Farn Chyi SINGAPORE The chairman of Germany's DaimlerBenz group. Edzard Reuter, said yesterday the group was considering changing the denomination of its locally listed shares from US dollars to Singapore dollars. This would help achieve a greater spread
    352 words
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      74 1 CERRUTIIBBI SWISS WATCHES Time is on my side CONTENTS Spore News 2 19.20.22 Regional News 3.4.6 Financial 23.24 World News 7.8 Feature* Markets Analysis 15 doto/HISE. StS 28 30 Editorial 14 Regional 26 Sports 11 World 1! TV/litet*e 15 Currencies 24 Law 12 Simex/Commo 24.25 Subscription Id 1800-*****77 Fai *****75
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      30 1 Innovation: Pg n An innovative breakthrough US consumer prices rose by only 0.2% in December, Pg 18 DBS and UOB get licenees to offer loans in Thai baht, Pg 18
      30 words
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      25 1 Hock Lock Siew: pk 19 Rj 2 JAt Wing Tiek: regional stteggiant? Rupiah still edgy, Pg 23 Thailand dismisses rumours of baht devaluation, Pg 23
      25 words
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      8 1 An American triumph, a Japanese necessity, Pg 17
      8 words
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      96 1 3 tfauom Line: pk is ju3, China need closer links 11l GkiH&te, New- tyeab He- l/wAxm Celebrate the beginning of a prosperous new year at the Grand Pavilion. "> ~tr Owr expert chefs have planned out a \X*r/ W special menu for this special occasion. gi, Regular menu items are
      96 words
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      49 1 CO 2213 flefiovaOte CO lunef urith OSP Sound Proc«so"CO Changer Confrofle' FUJTTSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. 235 1333 Kuala Lumpur: Phone 757 0233 PenanQ: Phone *****5/619 014 Jakarta: Phone *****9/*****8 SM Summit launching year's first IPO, Pg 19 Daimler-Benz chief stresses S'pore link, Pg 20
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Mineral fuel price fall hits index
        265 2  -  By Teh Hooi Ling PRICES of mineral fuels fell further in November, dragging down the manufactured products price index. The latest figures from the Department of Statistics show that the price index for mineral fuels in November was 62.4 points, down by almost five
        Source: Dept of Statistics  -  265 words
    • Article, Illustration
      S'pore must remain Asian as it aims for Swiss goal: PM Goh
      586 2  -  By Chuang Peck Ming WITH Singapore on track to achieving Switzerland's 1984 per capita income level, its next goal is to become a developed country. Prime Minister Goh Chok Tong said in an interview with Nikkei Business. But
      586 words
    • Article
      Competitiveness of S'pore faces threat this year: UOB
      330 2  -  By Soh Tiang Keng UNITED Overseas Bank has warned that rising operating costs, higher wages and higher consumer prices may "threaten the competitiveness" of Singapore this year, but it remains bullish on 1995's economic prospects. In its latest Financial and Quarterly Review,
      330 words
    • Article, Illustration
      Lock icon Franchise may give coffee shops a lift
      360 2  -  Reports by Corinne Kerk COFFEE shop owners wanting to modernise their outlets can turn to First F&B. a franchise launched here yesterday. Supported by the National Productivity Board's Franchise Development Centre, the franchise focuses on improving customer service and operational efficiency to raise
      Photo by Arthur Lee  -  360 words
    • Article
      Joining a franchise helps to boost business, survey finds
      219 2 A SURVEY by the National Productivity Board's Franchise Development Centre (FDC) has revealed that most businesses whic!) joined a franchise are now doing better. Of the 130 franchisees surveyed last September, 62 responded (48 per cent). Of these. 30 were new
      219 words
    • Article
      Jurong Shipyard gets maximum $25,000 fine over tanker fire
      249 2  -  By Ramesh Divyanathan JURONG Shipyard pleaded guilty yesterday to violating a provision in the Factories Act and was fined $25,000 over a tanker fire last year that resulted in 10 deaths. The Subordinate Court heard that the yard failed to take
      249 words
    • Article
      Skills and savvy the keys to contracts, says CIDB chairman
      272 2 TECHNOLOGICAL know-how, project management skills and business savvy these are areas of expertise which Singapore construction firms need to monitor and upgrade if they want to remain competitive in the region's booming construction market. This was the advice given by
      272 words
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      119 2 This Lunar New Year, famous names on the bay! And get to know some of the finest in furniture and furnishings with over 100,000 sq ft in Marina Square: At Pacific Link The Futon Shop, Transera Concepts, Heritage, Nandwani's, Caesar Palace Furnishings, Kingsgate Arts N Crafts, Pertama. At Marina Court
      119 words
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  • SOUTH-EAST ASIA
    • Article
      M'sian property CEOs expect market to do better this year
      357 3  -  From Ho Kay Tat in KUALA LUMPUR MOST chief executives in the property sector in Malaysia expect the market to do even better this year, a survey has revealed. This is despite signs that the market may be overheating. Polled
      357 words
    • Article
      Lock icon Hanoi cuts rental tariff by 25%
      84 3 Reuter HANOI Vietnam has reduced by 25 per cent the rents for land, water and sea surfaces to make the country more competitive for foreign investment, a Finance Ministry official said yesterday. "The new rental tariff for land, water and sea surface is 25
      Reuter  -  84 words
    • Article
      Lock icon Manila bourse closes for Pope's visit
      87 3 Bloomberg Business News MANILA The Philippine Stock Exchange has canceled trading today for the arrival of Pope John Paul 11, who will be making a five-day visit to the only Roman Catholic country in Asia. Stock market officials "think people will be too busy
      Bloomberg Business News  -  87 words
    • Article
      Lock icon 5th Indon station to begin broadcasting
      60 3 AFP JAKARTA Indonesia's fifth private television station, Indosiar, was expected to start nationwide broadcasting yesterday, an official of PT Indosiar Visual Mandiri, which runs the channel, said yesterday. Indosiar, which has been operating on a trial basis since last month, will reach viewers in
      AFP  -  60 words
    • Article
      Lock icon Vietnam still 3rd biggest rice exporter
      38 3 AFP HANOI Vietnam kept its place as the world's third biggest rice exporter after Thailand and the United States in 1994, shipping 2.2 million tonnes, the official Vietnam News Agency reported. AFP
      AFP  -  38 words
    • Article
      Lock icon Britain offers to help Vietnam develop financial sector
      287 3 Reuter HANOI British Chancellor of the Exchequer Kenneth Clarke and senior businessmen, in talks with Vietnamese ministers yesterday, offered British help to develop Vietnam's financial sector. "We are anxious to offer our expertise and services we can provide to give access to
      Reuter  -  287 words
    • Article, Illustration
      Lock icon Jakarta gets tough on traffic offenders
      51 3 Reuter JAKARTA A policeman distributing leaflets to motorists on a busy street on Tuesday, warning them of the full enforcement of traffic law in Jakarta. The Indonesian capital has one of the busiest road networks in South-east Asia and traffic jams are very common.
      Reuter  -  51 words
    • Article
      Philippines ups land-lease period from 50 to 75 years
      339 3  -  From Al Labita FOREIGNERS putting up assembly plants in the Philippines can now lease land for up to 75 years, up from the previous ceiling of 50 years. Trade Under-Secretary Tomas Alcantara said the new lease period was provided for under
      339 words
    • Article
      Lock icon Labuan set to be offshore financial centre by Jan '96
      255 3 Bernama LABUAN All development projects and facilities in Labuan are now being geared towards meeting the government's January 1996 deadline for setting up a full-fledged offshore financial centre. Labuan Development Authority (LDA) chairman Daim Zainuddin yesterday said that by early
      Bernama  -  255 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      85 3 WHAT AKOOL SALE! "i f First Ever Public Sale Jan 12 to 23, '95 Renowned European designer furniture, lightings and home accessories at 25% to 50% off Inspiration The Premier Designer Furniture House 896 Dunearn Road, #03-01 Sime Darby Centre (2158) Tel: 462 2155 (Showroom) 462 3155 (Office) Opening Hours:
      85 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Building of Shenzhen toll road delayed by design hitch
      372 4 Bloomberg Business News HONGKONG A 48-km, US$4OO million (SSSBO million) toll road construction project in the booming southern Chinese city of Shenzhen was being delayed because of changes to the road design, said one of the project's sponsors yesterday. "The road
      Bloomberg Business News  -  372 words
    • Article
      Lock icon HK garment and knitting firms top insolvencies list
      243 4 Eastern Express HONGKONG New insolvencies reaching the courts were a mixed bag last year, with the number of corporate ones rising by 4.4 per cent and personal ones dropping by 7 per cent. Altogether there were 732 insolvencies last year, down 0.7
      Eastern Express  -  243 words
    • Article, Illustration
      Lock icon The problem with scooters
      53 4 Reuter TAIPEI A woman looking for her missing scooter while a workman of the Taipei city government, watched by a traffic policeman, removes scooters which are parked illegally on Taipei sidewalks yesterday. Scooters are among the main modes of transportation for the 21 million people on
      Reuter  -  53 words
    • Article
      Lock icon Sally Aw tries comics route into China media industry
      304 4 Bloomberg Business News HONGKONG If you can t convince China to let in your newspapers, try comic books. Sally Aw Sian, chairman and majority shareholder of Sing Tao Holdings, one of Hongkong's largest newspaper publishers, wants to pry open China's media
      Bloomberg Business News  -  304 words
    • Article
      Lock icon Foreign leasing firms in China fail to recover money
      216 4 Bloomberg Business News HONGKONG Foreign leasing companies in China have made little progress in recovering about US$6OO million (SSB7O million) in delayed payments by Chinese companies. Germot Kluss. general manager of China Universal Leasing Co Ltd, yesterday said an appeal by
      Bloomberg Business News  -  216 words
    • CHINAWATCH
      • Article
        Lock icon Foreign investment in Taiwan up 34%
        78 4 Bloomberg Business News TAIPEI Investment applications from foreign companies approved by Taiwan in 1994 rose 34 per cent on the year in 1994 to US$l.63 billion (552.37 billion), the Ministry of Economic Affairs said. Approved investment from Japan rose 43 per cent to US$39l
        Bloomberg Business News  -  78 words
      • Article
        Lock icon 400m yuan for gold prospecting
        68 4 Reuter BEIJING China will allocate 400 million yuan (5568.4 million) in 1995 to finance gold prospecting work, said Cui Dewen, deputy director of the state gold administration under the Metallurgical Industry Ministry. The money will be provided to domestic gold enterprises in the form of
        Reuter  -  68 words
      • Article
        Lock icon Beijing to launch satellite for HK firm
        73 4 AFP BEIJING China will launch telecommunications satellite Ap-star-2 at the end of the month for a Hongkong company which j has taken out US$l6O million (*****.2 million) in insurance against failure, Xinhua said yesterday. Apstar-2, manufactured by Hughes Aircraft, is owned by the
        AFP  -  73 words
      • Article
        Lock icon Shanghai workplace deaths up 12%
        81 4 AFP SHANGHAI Workplace deaths rose 12 per cent to 505 in Shanghai last year, with most occurring at engineering companies, many of which arc foreign-funded. Xinmin Evening News reported yesterday that many of the deaths were caused by falls from high places. The report blamed
        AFP  -  81 words
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      382 4 Because Compaq Has The Answers To All Your Computing Needs A Compaq Deskpro XE ProUnea more than meet the great demand of corporate environment Its superb performance, rich features, upgradeability increased productivity IH greatly enhanced the competitive advantage of any business. At a reasonable budget U Deskpro XE 4/66 Model
      382 words
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      143 5 Iji P^HH 111 h .''MMMBMHWiP^^^ 1 MiiiiliMßWKF 11 F r -J»f^CT—i>, V;& > ,->. ■r.-» ji ?aSMlMBE&t€Cr IMS^HlhH^^^ E 9 v j# j| HHHHHMHra^ ■NBKk t ,X J BBPk< 4 B i i B 1 Sfceffii^BBBMBBBMBBBBBBBBBBBBBiBHBBMMBii^^^BK R-154-94-CMRS THE ART OF CONVERSATION. THE NOKIA 232. JM With slim, stylish looks and
      143 words
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  • REST OF ASIA
    • Article
      Lock icon Japanese credit quality likely to improve in '95, says S&P
      372 6 AFP TOKYO Japanese credit quality is expected to improve this year in line with the anticipated economic recovery and following three years of rating downgrades. Standard and Poor's Asia Ltd yesterday said the parent company's annual review of global credit
      AFP  -  372 words
    • Article, Illustration
      Lock icon Going underground to escape the heat
      63 6 Reuter LIGHTNING RIDGE Jeff Dooley relaxing with his nine-month-old pet kangaroo. Slippery, in the lounge room of his underground house in the outback mining town of Lightning Ridge on Tuesday. He built his underground home at a cost of US$lO,OOO (5514,496) to combat the
      Reuter  -  63 words
    • Article
      Lock icon S Korea property market hit by new rule
      349 6 AFP SEOUL South Korea's real estate market has slipped into the doldrums following the government's decision this week to ban the use of false and borrowed names in property transactions, news reports said yesterday. Property owners worried about a price plunge when
      AFP  -  349 words
    • Article
      Lock icon Aussie consumers set to spend A$7b a year on incentive schemes
      365 6 Reuter MELBOURNE Consumers are set to spend up to As 7 billion (557.7 billion) a year on the first of a series of incentive schemes which Australian companies are expected to introduce to win customer loyalty and fend off
      Reuter  -  365 words
    • Article
      Lock icon Aussie opposition leader hits back at critics
      291 6 AFP SYDNEY Australia's embattled opposition leader Alexander Downer hit baek yesterday at party critics, branding as "gutless" unnamed colleagues who had been undermining his leadership with damaging leaks. He took the opportunity of his first public address of the new year to launch
      AFP  -  291 words
    • Article
      Lock icon Japan's VCR imports surge 146% in November
      392 6 AFP TOKYO Japan's imports of video-cassette recorders (VCRs) soared 146 per cent to 218.843 units in November, led by increased shipments from Malaysia and China. The Electronic Industries Association of Japan yesterday said the latest rise, which followed a surge of 121 per
      AFP  -  392 words
    • ASIANOTES
      • Article
        Lock icon Australia 2nd in home PC use: survey
        118 6 Reuter SYDNEY One in four Australian households uses computers on a regular basis, ranking Australia second only to the US in home computer use, according to government Figures. Graham Penn, a computer market analyst for the International Data Corp, said yesterday that a
        Reuter  -  118 words
      • Article
        Lock icon Seoul trade gap expected to rise
        74 6 Reuter SEOUL South Korea's customs-cleared trade deficit is forecast to widen to US$9.5 billion (5513.8 billion) in 1995 from US$6.O6 billion last year, the Ministry of International Trade and Industry said yesterday. Free-on-board (FOB) exports are expected to total U*****.5 billion this year, rising
        Reuter  -  74 words
      • Article
        Lock icon S Koreans eating more beef, less rice
        111 6 AFP SEOUL Increasingly affluent South Koreans are eating more beef and less rice in a slow dietary change attributed by Agriculture Ministry officials to the booming economy, Yonhap news agency reported yesterday. The agency quoted ministry officials as saying a 15.3 per cent
        AFP  -  111 words
      • Article
        Lock icon Japan to produce chemicals from wood
        68 6 Bernama TOKYO Japan's Forestry Agency will embark on a four-year programme to develop chemicals out of wood which could eventually replace petrochemicals used in a variety of industrial products, agency officials said yesterday. The programme, which starts in fiscal 1995 beginning April 1, aims
        Bernama  -  68 words
      • Article
        Lock icon Yukong seeks new China refinery site
        68 6 Reuter SLOUL Yukong Ltd. a unit of South Koreas Sunkyong Group, is looking for a Chinese site other than Shenzhen for the planned US$l.5 billion (552.2 billion) construction of an oil refinerv, a company spokesman said yesterday. Yukong in 1993 signed a letter of
        Reuter  -  68 words
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      494 6 THE UNIVERSITY OF HULL England 1927 g"OVER 100 6Ms, MDs, CEOs ALREADY IN THE PROGRAMME!" "ONE OF THE MOST ESTABLISHED IN SINGAPORE" MBA H ONLY 8 PLACES LEFT! I— First to offer TQM and a Systems Approach to Creative Problem Solving the management philosophy of the 1990s First to offer
      494 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Rubin confirmed as Treasury Secretary by unanimous vote
      363 7 Reuter WASHINGTON The Senate confirmed former Wall Street executive Robert Rubin as Treasury Secretary on Tuesday by a unanimous vote of 99-0. The 56-year-old Rubin, tapped last month by President Clinton to succeed the retiring Lloyd Bentsen, was praised lavishly by lawmakers
      Reuter  -  363 words
    • Article
      Lock icon Germany's largest retailer pushing for longer store hours
      216 7 Reuter FRANKFURT The battle lines for extending store hours in Germany have been drawn by Karstadt AG, the nation's largest retailer, in a war analysts believe will pit Karstadt against unions and many other retailers. At present, under laws dating from the
      Reuter  -  216 words
    • Article
      Lock icon Conflicts in ex-Soviet republics lead to 1.5m refugees
      258 7 AFP GENEVA Recent conflicts in republics of the former Soviet Union have turned more than 1.5 million people into refugees dependent on international aid, the United Nations High Commissioner for Refugees said in a report on Tuesday. The majority of these refugees
      AFP  -  258 words
    • Article
      Lock icon Europeans unhappy with at least 3 new EU commissioners
      334 7 Reuter BRUSSELS At least three new European commissioners, including France's Yves-Thi-bault de Silguy, are unsatisfactory in the eyes of the European Parliament, EU officials said on Tuesday. Denmark's Ritt Bjerregaard and Finland's Erkki Liikanen also failed to find favour and a
      Reuter  -  334 words
    • Article
      Lock icon Small businesses in Germany want govt to curb big banks' powers
      333 7 Reuter BONN Germany's main small-business federation urged the government on Tuesday to curb the power of big banks in industry but the country's largest bank contended the influence of the major institutions was exaggerated. The Federation of Small and
      Reuter  -  333 words
    • Article
      Lock icon American markets fear Mexico peso crisis may spread
      493 8 AFP Reuter Bloomberg Business News WASHINGTON American financial markets were increasingly worried that fallout from Mexico's peso crisis could spread through Latin America, undermining growth in emerging countries, analysts say. The Mexican stock market plunged 11.09 per cent on Tuesday before closing
      AFP; Reuter; Bloomberg Business News  -  493 words
    • Article
      Lock icon US willing to provide aid to Mexico: Clinton
      257 8 AP WASHINGTON President Bill Clinton, seeking to calm investor jitters over the Mexican economy, yesterday announced that the United States was willing to provide assistance for a longer period of time if necessary to bolster the sagging Mexican economy. Mr Clinton said
      AP  -  257 words
    • Article, Illustration
      Lock icon Alarm in Italy as lira plunges to new depths
      429 8 AFP MILAN Dealers on financial markets and commentators in the press expressed alarm yesterday over the weakness of the lira, which reached new depths during morning trading. The lira touched a record low point of 1.062 here, rallying to 1,060.5. but
      AFP; Reuter  -  429 words
    • Article
      Lock icon Hardliners seen gaining edge in power struggle in Russia, reforms at stake
      461 8 FT MOSCOW Conservatives intent on re-nationalising privatised assets in Russia appear to be winning a power struggle within the government. Documents obtained on Tuesday show that the apparent ascendancy of hardliners in Moscow, and the failure of attempts
      FT  -  461 words
    • Article
      Lock icon Clinton plans first official visit to Canada to improve strained ties
      520 8 AFP OTTAWA US President Bill Clinton will make his first official visit to Canada next month to improve relations with his northern neighbour that have been strained by acrimonious trade disputes. The US leader will be in Ottawa on
      AFP  -  520 words
    • WORLDWATCH
      • Article
        Lock icon Five dead as storm hits California
        103 8 AP LOS ANGELES The worst rainfall in nearly a decade continued its deadly assault across California yesterday, forcing the evacuation of hundreds of residents and sending waves of mud into southern Californian homes. At least five deaths were blamed on the storm. "This was
        AP  -  103 words
      • Article
        Lock icon Pressure mounts for early polls in Spain
        126 8 AP MADRID Pressure mounted against Prime Minister Felipe Gonzalez yesterday as opinion polls indicated most Spaniards rejected his denials of government involvement in anti-terrorist death squads and favoured early elections as a way out of the political crisis. In a poll published by
        AP  -  126 words
      • Article
        Lock icon French Left divided over candidate
        84 8 Reuter PARIS The French Left fell deeper into disarray yesterday over their choice of a presidential candidate as Radical Party leader Bernard Tapie threatened to torpedo the candidacy of a former Socialist Party leader. Following a meeting of Radical and Socialist Party leaders to explore
        Reuter  -  84 words
      • Article
        Lock icon Bonn to repatriate 40,000 Viets
        111 8 AFP BONN The German government on Wednesday approved an agreement with Vietnam for the repatriation by the year 2000 of some 40,000 Vietnamese living in Germany and considered illegal immigrants, government sources said. Many of the Vietnamese came to Germany as workers in the now
        AFP  -  111 words
      • Article
        Lock icon Christopher denies talk of resignation
        100 8 Reuter WASHINGTON United States Secretary of State Warren Christopher on Tuesday denied fresh rumours that he was planning to resign, but privately, US officials said he had wanted to do so at the end of 1994 but was dissuaded by the White House. Mr Christopher
        Reuter  -  100 words
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      35 7 GUCCI f I I IX it v*l I\/ I Mkl k I PPtfl i w r S&IL 1\ |l uj Jr PARAGON HILTON SHOPPING GALLERY TAKASHIMAYA DEPT. STORE SOGO RAFFLES CITY f I lENJAMIN GROUP
      35 words
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      741 8 FINAL REMINDER 4D Jcmph JACK CHIA-MPH LIMITED (Incorporated in the Republic of Singapore) 11 January 1995 To: All holders of Jack Chia-MPH Limited Warrants 1995 ("Warrants 1995") SUSPENSION OF TRADING OF WARRANTS 1995 ON THE STOCK EXCHANGE OF SINGAPORE LIMITED ("SES") The last day for trading in the Warrants 1995
      741 words
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      57 9 Quite simply the Royal Oak. m Audemars Piguet The master watchmakers. Regional Agent: AUDEMARS PIGUET SINGAPORE PRIVATE LIMITED. 250 North Bridge Road #15-03 Raffles City Tower Singapore 0617. Tel: *****13/*****53 Fax: *****01. W)i Jlil U.iii Jill i-j J li •I Pi > 0L v s r®B MryQk v ~^fl sa^a-.
      57 words
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  • WORLD FOCUS
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      198 10 <&/ <^f/ i (DOCI/*^ 111 To all tke kuyers, we would like to say a tig "THANK YOU" for your support for tkis development. For those wko kave missed Wing Fong Mansions, WING FONG COURT wi lite launcked soon. 1 Please note that the site sales office will therefore be
      198 words
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  • SPORTS
    • Article, Illustration
      China professionals to appear in JW Classic
      601 11 Golf HONGKONG Promising Zhang Lianwci and Cheng Jun, the first golfers from mainland China to turn professional, will enter the big time line-up with many of the world's greats in the Johnnie Walker Classie at The Orehard Golf and Country Club, south of
      601 words
    • Article
      Lock icon Capriati pulls out of Australian Open, citing flu attack
      415 11 AP MELBOURNE American teenager Jennifer Capriati has withdrawn from the Australian Open tennis championships, citing a continuing bout of influenza, tournament director Paul McNamee announced yesterday. McNamee said Capriati's doctor had advised her not to fly. "Jennifer is extremely disappointed that
      AP  -  415 words
    • Article, Illustration
      Lock icon Baseball has a past but no future
      605 11  -  By Mark Bradley AP N£W YORK The Hall of Fame celebrates baseball's past, which is all the grand old game has left. To borrow from that social critic Johnny Rotten (of the Sex Pistols, themselves long since defunct): There's no future, no future,
      AP; Reuter  -  605 words
    • Article
      Lock icon All-women America3 takes on Stars and Stripes
      630 11 America's Cup AP SAN DIEGO Strapped into a harness and perched over the bow of a speeding 75-foot (22.5-metre) yacht, Susanne Leech Nairn knows what it means to live on the edge. So do the 28 other crew members of AmericaJ, the first
      AP  -  630 words
    • Article, Illustration
      Lock icon Tennis turns fan-friendly after a bruising year
      750 11  -  By Robin Finn NYT NEW YORK While Pete Sampras is looking to tighten his stranglehold on the pinnacle of men's tennis by reprising his 1994 Australian Open victory and fend off the apparition of a clean-cut Andre Agassi. Steffi Graf is already sidelined
      NYT  -  750 words
    • SIDELINES
      • Article
        Lock icon Gough to miss rest of Ashes series
        95 11 Reuter MELBOURNE England suffered a setback yesterday when fast bowler Darren Gough was ruled out for the remainder of the Ashes tour in Australia because of injurs. The Yorkshire bowler suffered a stress fracture of his left foot during England's victory against Australia
        Reuter  -  95 words
      • Article
        Lock icon S Africa wins first leg of finals
        113 11 Reuter CAPE TOWN Inspired fielding by South Africa turned the tables on Pakistan on Tuesday, bringing the home side victory by 37 runs in the first leg of the Mandela Trophy final. The tourists seemed destined to make light work of their hosts'
        Reuter  -  113 words
      • Article
        Lock icon Man United pays £7m for Andy Cole
        82 11 AFP MANCHESTER. England Manchester United pulled oft" one of the most dramatic transfer coups of recent seasons here on Tuesday, when they signed Newcastle striker Andy Cole for a British record £7 million (S$ 15.9 million). Northern Ireland winger Keith Gillespie, rated at
        AFP  -  82 words
      • Article
        Lock icon Catt named for Five Nations match
        111 11 Reuter LONDON Bath flvhalf Mike Catt was named on Tuesday as England fullback for their opening Five Nations championship match against Ireland in Dublin on Jan 21. Catt comes in for Paul Hull in the only change from the side who thrashed Canada 60-19
        Reuter  -  111 words
    • Article
      Lock icon FAM tells S'pore to clean up soccer team before it can play again
      423 11 Bernama Reuter PETALING JAYA Premier League and Malaysia Cup champions, Singapore, must show documented proof they have cleaned up their team from corruption and match-fix-ing before they can compete in the coming season here. The Singapore FA
      Bernama; Reuter  -  423 words
    • SCORECARD
      • Article, Illustration
        Basketball
        44 11 NEW YORK NBA on Tuesday: Cleveland 108 Charlotte 116 (OT); Detroit 98 New Jersey 84; Washington 96 Atlanta 99; Minnesota 85 Sacramento 98; NY 117 Indiana 105; Chicago 109 Orlando 77; San Antonio 108 LA Clippers 97; Golden State 118 Seattle 128 (OT).
        44 words
      • Article, Illustration
        Golf
        47 11 LONDON Women's world rankings on Tuesdaj: 1 Laura Davies (Eng) 2 Lisolttc Neumann (Swe) 3 Beth Daniel (US) 4 Donna Andrews (US) 5 Betsy King (US) 6 Dottic Mochrie (US) 7 Helen Alfrcdsson (Swe) 8 Patty Sheehan (US) 9 Tammie Green (US) 10 Brandie Burton (US).
        47 words
      • Article, Illustration
        Rugby
        48 11 IX)NDON England team for its Five Nations Championship opener against Ireland in Dublin on Jan 21: Mike Catt; Tony Underwood. Will Carling (capt). Jeremy Guscott. Rory Underwood; Rob Andrew. Kyran Bracken: Jason Leonard. Brian Moore. Victor Übogu. Martin Johnson. Martin Bayfield. Tim Rodber. Dean Richards. Ben Clarke.
        48 words
      • Article, Illustration
        Tennis
        347 11 MELBOURNE Australian Open Seedings Men: I Pete Sampras (US) 2 Andre Agassi (US) 3 Boris Becker (Ger) 4 Goran Ivanisevic (Cro) 5 Michael Chang (US) 6 Stefan Edbcrg (Swe) 7 Michael Stich (Ger) 8 Todd Martin (US) 9 Jim Courier (US) 10 Yevgeny Kafelnikov (Rus) II Wayne Ferreira (SA)
        347 words
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  • THE LAW PAGE
    • Article, Illustration
      Lock icon Gaming lawyers in demand as casinos boom
      1041 12  -  Joseph F Sullivan looks at why there is an increasing need for legal expertise in the US gambling industry Joseph F Sullivan NYT AS MUCH AS green velvet, dice, cards and slot machines, the US gambling industry needs lawyers. They are in demand
      NYT  -  1,041 words
    • Article
      Look before you leap when doing business in China
      610 12  -  AI THE BAR By Chew Farn Chyi THOSE who think guanxi is the password to business success in China should think again. And perhaps the words they should think of are caveat emptor. Many foreigners have found the Chinese will not
      610 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      241 12 B I I Hong Qiao economic |HHB^^^^^H|HHHH .ijlhi ß lfißjßP"B^®Vj #w development zone is the new business hub Si a^H Shanghai. houses aH ■EfcM B jf§ most of the new Grade -J Hl^BH m&M commercial complex hotels. With the opening of City Beltway, Hong Qiao has become the most sought
      241 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      S'pore firm, Sisir turn to plasma technology to make Teflon PCBs
      697 13  -  Seamus Phan discovers how a small company dares to take up an innovative idea Seamus Phan Mention Teflon and pots and pans come to mind. So do motherboards and other printed circuit boards (FCBs). Thanks to a small local
      697 words
    • Article
      Lock icon Israeli invention gives a hand to the handicapped
      266 13 Reuter AN Israeli company lias invented a simple device that restores functional use of the hand in quadriplegics and stroke victims, company officials and neurologists said on Tuesday. The Handmastcr, as it is called, differs from other systems developed in the US
      Reuter  -  266 words
    • INTAKES
      • Article
        Conference on electronics packaging
        71 13 SINGAPORE A two-dav technical conference on the latest concept in electronics packaging opens on Monday at the Oriental Singapore. The conference on Ball Grid Array Packaging and Assembly will be the first of its kind in Asia, conference organiser Reed Exhibitions Companies said. A spokesman said
        71 words
      • Article, Illustration
        Lock icon When two galaxies collide
        75 13 AFP WASHINGTON This Hubble Space Telescope image released by the National Aeronautics and Space Administration (Nasa) on Tuesday shows a head-on collision between two galaxies located 500 million light years from Earth in the constellation Sculptor. Nasa said the ring-like appearance is a direct result of
        AFP  -  75 words
      • Article
        Lock icon Astronomers find 50 new galaxies
        80 13 AP TUCSON, Arizona Astronomers looking for extremely faint objects have found 50 previously unknown galaxies in what was thought to be a vast cosmic emptiness 500 times the size ot the Milky Way. A team of astronomers reported on Tuesday that a region some 700
        AP  -  80 words
      • Article
        Overseas stints for budding scientists
        66 13 SINGAPORE Several tertiary-level students, including undergraduates, will be given the chance this year to work on R&D projects in the US. Japan and several European countries. They will be funded under the Overseas R&D Attachment Programme of the National Science Technology Board. Candidates have to
        66 words
      • Article
        Lock icon Putting airplane history Wright?
        62 13 Reuter SEOUL Forget the Wright Brothers. A Korean invented the aeroplane in the late 16th century, said a book discovered recently in China. The Korean-language book, published in 1923, said the plane was a kind of spinning top which took to the skies in the middle
        Reuter  -  62 words
  • Page 13 Advertisements
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      113 13 Express we light, 'j heavy? course K the we w W^^t^trwii< ;*Kl'^flllJ^Hte MMMMM;'f ta fleet over 450 Federal Express uSyL^| worldwide. 'wB? s°, no matter how heavy or light, your A. TL Jk2 B shipment always gets airborne and you're 1 fiif i M' ;XI MliMiM v9assured of a time-definite
      113 words
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  • Page 14 Advertisements
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      905 14 A Bud, Biiiyfl where t w,ne |ne an entertain OK V*"——■ ammmlm^ I I number.- ~p p l.a. *■•>•" Tfc r I B.oJ p»Mi. HJU'T* H f- «r li. L. »p- I 1 Bou U».rd. Si.|»po" 1024 5-IN-l POOLSIDE BUFFET We are making waves by our Poolside with our neverbefore
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      Page 14 Advertisements Column 2
      318 14 Celebrating fish Let s drink to fish. Bouillabaisse or Tom Yam? Top of the M celebrates fish with a lunch buffet of every imaginable fish recipe. Salmon, sole. Itm* snapper, sea bass... If it con be caught, it can be cooked And we know all the delicious ways. {Tj Continental
      318 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Queen Camilla? Hardly likely
      604 15  -  Paul Majendie asks the royal experts for their views of the next instalment of the Charles and Camilla saga Paul Majendie Reuter PRINCE Charles could soon be free to marry his mistress Camilla Parker Bowles if he decides to end his own bitter union with Princess
      Reuter  -  604 words
    • Article
      Lock icon Camilla tops Blackwell's Worst Dressed list
      270 15 UPI CAMILLA Parker Bowles heads the 35th annual list of Worst Dressed Women released on Tuesday in Los Angeles by fashion maven Richard Blackwell. Meanwhile, Princess Diana, Prince Charles' estranged wife, made his list of Best Dressed Women, along with Princess Margaret. Sophia Loren,
      UPI  -  270 words
    • Article
      Lock icon Reagan can't recognise friends: biographer
      440 15 CHATTERBOX AP AP AP AP AP UPI AS HE slides deeper into the mists of Alzheimer's disease, former American president Ronald Reagan no longer recognises old friends and once referred to a set of books as trees, his biographer says. "About six months ago. he
      AP; UPI  -  440 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      377 15 WHERE TO WINE, DINE AND ENTERTAIN I M I HWIH Olde English Eating House I I 277 Orchard Rd #02-38 Specialists' Centre S (0923) j| I MM When you spend $25/- or more at Fosters for lunch ||S Hp or afternoon tea from Mon-Sat, show us your valid iil B|
      377 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1104 15 TV RADIO Masterpieces of the Hermitage, w |j Ihc area on which St Peters- 1 burg stands was a swamp in 1 Sweden in the l7(X)s. but Czar 1 N*Peter saw potential in its Jmßrh murky waters. He captured the land, built a city and gave his pi? country a
      1,104 words
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  • Article
    Best and brightest for Thai cabinet
    502 16 EDITORIAL ANEW constitution is being promulgated in Thailand, one that aims to bolster democracy in a country prone to coups since absolute monarchy was abolished in 1932. The latest reforms seek to replace a 1991 charter put in place by the military junta which
    502 words
  • WHAT THE OTHERS SAY
    • Article
      Being sensible about property
      171 16 FEW ISSUES today can provoke as impassioned a discussion among Singaporeans as the rise in property prices. Fear of being left out, especially of the private residential market, has prompted more and more vocal Singaporeans to urge the government to intervene to moderate the price rise.
      171 words
    • Article
      High stakes in Sri Lanka
      163 16 THE CONTROVERSIAL TRUCE between Sri Lankan government troops and Tamil rebels fighting a 12-year war for independence came into force last Sunday, but without supervision from foreign peace monitors. For Mrs Kumaratunga. the event is critical in marking her full control over the affairs of
      163 words
    • Article
      An encouraging peace move
      181 16 AFTER 12 YEARS of war, Sri Lanka is finally seeing peacc. The Sri Lankan government and the Tamil Tigers have ceased fire. Though the agreement holds only for two weeks, both sides will hold talks. The ceasefire this time round could mark the beginning of peace.
      181 words
    • Article
      Criminal Utopia, but who cares?
      151 16 THERE REALLY ARE times when it transpires that what goes on under the mercifully blindfolded eyes of justice in Hongkong is so extraordinary as to actually beggar belief. This morning is one of them. What can be said about a so-called legal system that, by
      151 words
    • Article
      Disturbing delay
      140 16 HONGKONGBANK appeared, in many ways, a model employer after the arson attack on the Shekkipmei branch, despite questions about fire safety raised by the fact that 12 staff members died. Senior executives publicly mourned the deaths, and the bank, amid plenty of positive publicity, handed over the premises
      140 words
  • Article, Illustration
    Figuring out the Indian stockmarket meltdown
    1149 16  -  Vikram Khanna explains why, despite 1994 being hailed as 'the year of industrial revival' in India, share prices have headed south these past four months Vikram Khanna The writer is BT's Regional Economics Editor INDIAN STOCKS are taking a bath. In the last four
    1,149 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      233 16 I INVESTING IN 1995 What's the fate of ageing 99-year homes? Million-dollar condos and their trimmings Infrastructure funds tap big money MrMrvMiwMi. Get yourcopy of this month's Singapore Business I rnm I from your nearest newsstand or, if you prefer the I r,T- Tf|(o) convenience of doorstep delivery, send in
      233 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      67 16 u3e tfe.veßfP\u< s>uo*>\ (we. u' pnpsout Tv4e roOfiHWG I mco^c^ew^PM- ®OUT TWi«, V "M€. P»RT*V S NEW J VfftWlP* y NQTOSR NUMfteR J PPW.... y V Vp *>'••'-» Of^ POONESBURY GARRY TRUDEAU i«£S37STMMBB The main DMM&ACK* )£EI |piiMMIpHHH| >awc*-1 E aKT-AKW4O6Wt> f 2? r wZurSww 1 tNP~IUhAfS n PHANA6& g]
      67 words
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  • ANALYSIS
    • Article, Illustration
      An American triumph, a Japanese necessity
      1239 17  -  Anthony Rowley says Tokyo acted out of enlightened self-interest on Tuesday in striking a deal with Washington on financial services. The accord, besides benefiting the US, will go a long way in helping to revive the weak, recession-damaged Japanese economy Anthony Rowley The writer
      1,239 words
    • Article
      Lock icon The double role that the new WTO head must play
      789 17  -  Roy Denman makes a case for splitting the job into two Roy Denman IHT LAST YEAR was a good one for world trade. The Uruguay Round of trade negotiations, the most extensive trade talks ever, was successfully concluded and ratified
      IHT  -  789 words
  • Page 17 Advertisements
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  • Article
    Lock icon US consumer pnces rose by tame 0.2% in December
    497 18 Reuter AP Bloomberg Business News WASHINGTON A modest 0.2 per cent rise in consumer prices in December kept inflation last year at 1993's pace, the government said yesterday, as tame medical costs and cheaper clothing and airline fares held prices in
    Reuter; AP; Bloomberg Business News  -  497 words
  • Article, Illustration
    Lock icon Murayama prepares for meetings with Clinton, US leaders
    474 18 Reuter AP WASHINGTON Japanese Prime Minister Tomiichi Murayama yesterday prepared for meetings with President Bill Clinton and leaders of the US Congress in hours of strategy sessions with top advisers. Many in the oppositioncontrolled Congress are upset over festering United StatesJapanese trade
    Reuter; AP; AFP  -  474 words
  • Article
    DBS and UOB get licences to offer loans in Thai baht
    420 18  -  From Loh Hui Yin in BANGKOK SINGAPORE'S DBS Bank and United Overseas Bank are among 22 foreign banks granted licences in five provinces where they can offer Thai baht loans a potentially big market here. Baht-denominated loans have been
    420 words
  • Article
    Lock icon HK will lose private banking to S'pore before '97: banker
    268 18 Reuter SINGAPORE An international private banker thinks Hongkong will lose virtually all of its private banking industry before the 1997 handover to China. "The whole private banking business will move to Singapore," Balz Kloti, American Express Bank's head of private
    Reuter  -  268 words
  • Article
    Lock icon China to seek foreign investment in agriculture to improve grain yields
    451 18 AFP BEIJING China is to seek foreign investment in its troubled agricultural sector this year in a bid to boost yields as grain output declines on a continued fall in arable acreage, a report said yesterday. Repeating frequent recent
    AFP  -  451 words
  • Article
    Lock icon HK flats undersubscribed despite price cuts
    201 18 Bloomberg Business News HONGKONG A group of apartments for sale by real estate eompany Cheung Kong (Holdings) was undersubscribed yesterday, even though the average price was 15.7 per cent below the last asking price at the development in May. The subscription period for 128
    Bloomberg Business News  -  201 words
  • Article, Illustration
    US, China need permanent framework for consultations
    895 18  -  The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent FORGET all the talk about a "trade war" between China and the United States or about the growing American disenchantment with doing business in China. Yes, there are in disputes
    895 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      0 18 '|'_@@>^$$~!()(,}+/$%~/@``_!~^>
      0 words
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      Page 18 Advertisements Column 2
      170 18 I MARKETING Tomorrow in Business Times BusinessTim^ DDE: WOffi GAME <rRES U L T S Congratulations to the 25 readers for winning a remote-control wall radio. LowChiewFong l/C: *****49/ D Dorothy Tan Siok Hong l/C: *****88/G Lim Tong Lee l/C: *****73/Z Christina O C Thong l/C: *****78/E Tina Khoo C.
      170 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Ong Beng Seng extending Perth hotel to tap tour boom
      364 19  -  By A J Leow SINGAPORE Singaporean hotelier Ong Beng Seng is adding a new wing to the Perth Travelodge hotel in a bid to capture a slice of the city's growing hotel and tourism market. HPL Hotels Pty Ltd, the
      364 words
    • Article
      EI, Transpac invest in Suzhou cement plant
      310 19  -  By Schutz Lee SINGAPORE Eastern Industries Pte Ltd, a whollyowned subsidiary of Nat Steel Ltd, and Transpac Industrial Holdings Ltd have acquired a stake in a cement plant in the Chinese city of Suzhou. This is the second time in three months that
      310 words
    • Article
      Pac Can explains pricing in Pisces share swap
      303 19 SINGAPORE Pacific Can Investment Holdings Ltd yesterday told the stock exchange there were two main reasons it had arrived at a pricc of $2.26 each for 3 million Pisces shares as part of a swap with Pisces chairman Ang Chin Thian. These
      303 words
    • Article
      Wing Tiek set to become regional steel giant
      921 19  -  HOCK LOCK SIEW By William Chia SINGAPORE Malaysian-listed steel manufacturer Wing Tiek Holdings Bhd's prospects have improved much since two well-known corporate personalities, Joseph Chong and Liew Sip Hon, took over as managing director and chairman respectively in 1993. Before that, Wing
      921 words
    • Article
      CD-maker SM Summit launching year's first IPO on Sesdaq
      286 19  -  By Ven Sreenivasan SINGAPORE Compact disc manufacturer SM Summit Holdings is set to be first ofT the block this year in floating its shares on the Stock Exchange of Singapore. The company, which operates out of its plant in Paya Lebar,
      286 words
    • Article
      UOB gets nod to upgrade Taipei office to branch
      166 19 SINGAPORE United Overseas Bank will upgrade its representative office in Taipei to a branch, a spokesman here said yesterday, confirming a news agency report. According to the report, Taiwan's Finance Ministry gave UOB the go-ahead for the upgrade on Tuesday. It
      166 words
    • EYE on your Stocks
      • Article, Illustration
        MARKET MOOD
        46 19 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance, Baring, Daiwa, Fraser, GK Goh, Kay Hian, Morgan Grenfell, OngCo, Nomura. Phillip. Smith New Court, Wl Can and SG Warburg.
        46 words
      • Article, Illustration
        HOT STOCK
        142 19  -  -By Paul Leo THE downside threat on Idris Hydraulic is diminishing fast and at worst another 21-cent decline to support at $2.00 from yesterday's close of $2.21 can be exported before a rally towards $3.50 takes place. Bullish divergences are appearing on both the daily and weekly charts
        142 words
    • COMPANIES
      • COMPANYBRIEFS
        • Article
          CDL says others eyeing Plaza stake
          92 20 SINGAPORE: CDL Hotels International Ltd yesterday told the Stoek Exehange of Hongkong that it is only one of the potential purchasers interested in purchasing a stake in the Plaza Hotel in New York from a consortium of banks led by Citibank. As of yesterday,
          92 words
        • Article
          UIC closes dormant units
          59 20 SINGAPORE United Industrial Corp yesterday said it had closed down the following dormant subsidiary and associated companies within the group: UIC Marine Pte Ltd. UIC I rading Pte Ltd. UIC (Australia) Pty Ltd. UIC Trading Ltd. Fasteam Development Ltd, Estatrade Ltd, Speed Hunter Ltd. Citic-UIC Investments
          59 words
        • Article
          Foreign stake in Keppel Bank hits 9%
          36 20 SINGAPORE The percentage of foreign shareholding in the issued share capital of Keppel Bank of Singapore Ltd was 8.97 per cent as at Dec 31, the bank said yesterday.
          36 words
        • Article
          Jaya lifts equity in marine unit
          36 20 SINGAPORE: Jaya Holdings Ltd has increased its equity in its wholly-owned subsidiary Java Marine Lines Pte Ltd to $5 million by subscribing an additional 3.2 million shares of $1 each.
          36 words
        • Article
          Lock icon Kelanamas up on KL rumours
          62 20 Reuter KUALA LUMPUR Kelanamas Industries Bhd led the most active list yesterday on a rash of market rumours, dealers said. They said the talk was that the conglomerate may have received approval from the Securities Commission to buy a stockbroking company and a timber company.
          Reuter  -  62 words
      • Article
        Lock icon Faber unit to dispose of 16.6m shares in Cipriani
        195 20 Bernama KUALA LUMPUR Faber Development Holdings Sdn Bhd, a wholly-owned subsidiary of Faber Group Bhd, has proposed to dispose of 16.6 million shares of MS 1.00 each in Cipriani Sdn Bhd or 18.44 per cent of its issued and paidup share
        Bernama  -  195 words
      • Article
        Lock icon Thailand's Finance One revises fund-raising plan again
        287 20 Bloomberg Business News BANGKOK Finance One pic, Thailand's largest nonbank financial services group, has revised its fund-raising strategy for the second time in a month because of poor market conditions. Managing director Prapat Srisatayakul yesterday said the company had requested the Stock Exchange
        Bloomberg Business News  -  287 words
      • Article
        Lock icon London consultancy cuts S'pore weighting, ups HK's
        380 20 Reuter LONDON The recent outperformance of the Singapore stock market relative to Hongkong leaves it vulnerable to negative shocks. London-based consultancy Independent Strategy said in a research note yesterday: "We are therefore cutting the Singapore equity weighting in our global mixed asset portfolio
        Reuter  -  380 words
      • Article
        Metrojaya to plough M$60m into Penang department store project
        230 20 KUALA LUMPUR Metro- s java Bhd will invest about MS6O million (SS34 million) in its Penang department store I projeet. "We plan to put up a seven- 5 storey building with a total built-up area of 28,799 sq m i and
        230 words
      • Article, Illustration
        Lock icon Daimler-Benz chief stresses importance of Singapore link
        344 20  -  By Chew Farn Chyi SINGAPORE Outgoing Daimler-Benz chairman, Edzard Reuter. yesterday stressed the importance of Singapore as a role model and international hub for Daimler's major investments in the Asia-Pacific region. He said the exchange of ideas and their translation into actual investments
        Reuter  -  344 words
      • Article
        Lock icon Glenealy shareholders advised to reject Alpenview's offer
        242 20 Bernama KUALA LUMPUR Shareholders of Glenealy Plantations (Malaysia) Bhd have been advised to rejeet Alpenview Sdn Bhd's offer to acquire the company's entire issued and paidup share capital at M 56.40 per share. The general offer is being made following Alpenview's M 5265.74
        Bernama  -  242 words
      • Article
        DIVIDENDS ANNOUNCED
        365 20 Payment K\ Books Pa> (S) dale close date MSB 50* b 3 Jan 6 Jan 20 Jan 27 Asia Pacific F -ON Feb ft Feb 10 Feb 22 Avimo 20* F I2 5TE Mar Mar 7 Apr 15 Bcrjava (iroup F 6 x {an -6 Cam Mcch 10*
        365 words
      • Article
        Lock icon Malaysian Resources' pre-tax soars to M$76m
        157 20 Bernama KUALA LUMPUR Malaysian Resources Corporation Bhd registered a 20 per cent increase in group pre-tax profit to M 576.289 million (SS43 million) for the eight months ended Aug 31.1994, compared with M 563.5 million registered for the 12 months ended Dec 31, 1993.
        Bernama  -  157 words
      • Article
        UNIT TRUSTS & FUNDS
        554 20 UNIT TRUSTS FUNDS Managers' print Jan 12 US Gr Fund 0 94 0.97" Singapore Unit Trust DOB Asset Mgt Ltd rhc Commerce 158 1.67 L'nifund 136 1.42 The Savings Fund 151 160 Unihond 102 1045 S'porc Prog Fund 0.58 0.62 United Cir Fund' 1-62 1-69 S'pore Sec Fund 0 93
        554 words
      • COMPANYBRIEFS
        • Article
          Lock icon Sony starts to revamp movie studios
          99 22 Reuter NEW YORK Sony Corp has started overhauling its movie studio operations after writing oft' US$3.2 billion (554.6 billion) of its investment in November, the New York limes reported. Much of the oversight of the studios will be moved to New York from southern
          Reuter  -  99 words
        • Article
          Lock icon French-HK tie-up clinches HK$3b job
          73 22 Bloomberg Business News PARIS Bouygues SA said a joint venture between one of its subsidiaries and Hongkong firm Hip Hing won a building contract in Hongkong valued at HKS3 billion (SSS6I million). Bouygues. a French construction, entertainment and telecommunications company, said its subsidiary Dragages et
          Bloomberg Business News  -  73 words
        • Article
          Lock icon AT&T in US$150m Guangdong deal
          72 22 AFP BEIJING US telecommunications giant AT&T has signed a contract to supply advanced equipment valued at more than US$l5O million to the southern Chinese province of Guangdong, a report said yesterday. Under the contract signed with the Guangdong Provincial Posts and Telecommunications Administrative Bureau, the
          AFP  -  72 words
        • Article
          Lock icon Seiko to sell pager watches in France
          75 22 Bloomberg Business News AMSTERDAM Seiko Communications said it has signed a technical agreement with a unit of France Telecom to make wristwatches that act like pagers and tiny information computers. Seiko already sells the watches in Portland. Oregon, Seattle, and Los Angeles. In
          Bloomberg Business News  -  75 words
        • Article
          Lock icon DuPont in venture with Taiwan firm
          46 22 AFP TAIPEI DuPont Co and Taiwan's Far Eastern Textile Ltd announced yesterday a US$lOO million joint venture in nylon production. The 50-50 joint-venture plant, at Kuan Yin Industrial Park in northern Taiwan, is expected to begin production in 1996. AFP
          AFP  -  46 words
        • Article
          Lock icon Litton wins US$738.8m navy deal
          80 22 Reuter WOODLAND HILLS, California Litton Industries Inc said the US Navy has awarded U*****.8 million to Litton's Ingalls Shipbuilding division to build two Arleigh Burke (DDG-51) class Aegis guided missile destroyers. This award funds construction by Ingalls of its second and third ships in a
          Reuter  -  80 words
      • Article
        Lock icon News Corp preference shares retain listing on Aussie index
        452 22 Bloomberg Business News AFP Reuter SYDNEY News Corps preference shares with limited voting rights will be listed permanently on the Australian Stock Exchange's benchmark All Ordinaries Index, even as its shares slumped to the lowest level in two years. Against an
        Bloomberg Business News; AFP; Reuter  -  452 words
      • Article
        Lock icon MCI signs up GE for its largest commercial contract ever
        398 22 Bloomberg Business News ATLANTA MCI Communications Corp has signed a seven-year agreement to provide telecommunications services to General Electric Co. It is MCl's largest commercial contract ever. The agreement exceeded MCl's previous largest contracts of US$25O million (***** million) with
        Bloomberg Business News  -  398 words
      • Article
        Lock icon Matsushita, MCA chiefs skirt troubled ties at meeting
        212 22 Bloomberg Business News OSAKA MCA Inc and its parent, Matsushita, did not address their troubled corporate relations in a top-level meeting but would have to in the future, the Japanese electronics giant said yesterday. After a seven-hour meeting of MCA's executive committee
        Bloomberg Business News  -  212 words
      • Article, Illustration
        Lock icon Ousted Saatchi chairman to set up new agency
        281 22 Reuter Bloomberg Business News LONDON Maurice Saatchi, acrimoniously ousted as chairman of advertising group Saatchi Saatchi Co pic, said yesterday he was forming a new agency and taking with him other senior executives who had quit. "Events have moved much more quickly
        Reuter; Bloomberg Business News; AFP  -  281 words
      • Article
        Lock icon Taiwan stock payment defaults close to NT$1b: report
        303 22 Bloomberg Business News Reuter TAIPEI Total defaults in Taiwan's latest stock settlements scandal have reached nearly NTSI billion (SSSS million). the Economic Daily News reported yesterday. But stocks rebounded yesterday as jitters over payment defaults waned amid expectations that new rules would
        Bloomberg Business News; Reuter  -  303 words
      • Article
        Lock icon IBM, Komatsu close to deal on software joint development
        326 22 Bloomberg Business News TOKYO IBM and Japanese machinery maker Komatsu Ltd are close to an agreement on the joint development of software for computers using IBM's Power PC chip. "We are well on the way to an agreement." said IBM Japan
        Bloomberg Business News  -  326 words
      • Article
        Lock icon Fujitsu to invest US$140m in new Philippine plant
        261 22 AFP TOKYO Japan's biggest computer maker, Fujitsu Ltd, said yesterday it would invest US$l4O million (SS2O3 million) over the next two years on a new plant in the Philippines to produce hard-disk drives for the global market. The company said it would
        AFP  -  261 words
      • Article
        Lock icon Buy HK stocks: Morgan Stanley
        94 22 Bloomberg Business News HONGKONG United States investment bank Morgan Stanley has recommended that investors buy Hongkong stocks, particularly property developers, because they have been "grossly oversold" in the recent plunge. "Certainly from a trading point of view the market looks attractive now," said Peter Churchousc.
        Bloomberg Business News  -  94 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Rupiah still edgy amid reports of dumping by offshore banks
        622 23 Bank Indonesia's policy of depreciating currency against US$ stays: official Reuter Knight-Ridder JAKARTA The Indonesian rupiah was still looking edgy yesterday after a spree of dumping by offshore banks in New York starting last Friday over fears of a Mexieo-style
        Reuter; Knight-Ridder  -  622 words
      • Article
        Lock icon Thailand dismisses rumours of baht devaluation
        232 23 Reuter BANGKOK The Bank of Thailand (BOT) said there was no truth in the devaluation rumours that caused banks to sell baht heavily against the US dollar yesterday morning and added that foreign exchange trading in Thailand was "normal and calm". "There's no truth
        Reuter  -  232 words
      • Article
        Lock icon M'sian appointed to head Chase's local operations
        191 23 Bernama KUALA LUMPUR Robert Yeoh has become the first Malaysian to head Chase Manhattan Bank NA's operations in Malaysia with his appointment as chief executive officer of the Chase Manhattan Bank (M) Bhd and senior Chase officer of the bank in Malaysia. Mr
        Bernama  -  191 words
      • Article
        Lock icon HK regulator warns banks about luring depositors with high rates
        472 23 Reuter Bloomberg Business News HONGKONG The Hongkong Monetary Authority (lIKMA), Hongkong's dc facto ccntral bank, yesterday warned banks to be cautious about paying high interest rates to attract deposits. David Carse, deputy chief executive of the HKMA, told the Legislative
        Reuter; Bloomberg Business News  -  472 words
      • SMALLCHANGE
        • Article
          Lock icon Tight rein on construction loans
          81 23 Reuter BEIJING The People's Construction Bank of China has ordered strict controls on lending this year in a bid to curb galloping inflation, the China Daily said. It has ordered senior officials of provincial branches to confine credit to the limits set by the central
          Reuter  -  81 words
        • Article
          Lock icon SocGen to have branch in Shanghai
          53 23 Bloomberg Business News HONGKONG China has granted French bank Socictc Generate a licence to upgrade its office in Shanghai to a full branch, the company announced. Societe Generate already operates full branches in Shenzhen, Guangzhou and Tianjin. Shanghai branch operations will start this year.
          Bloomberg Business News  -  53 words
        • Article
          Lock icon Japanese bank loan to Air China
          59 23 AFP TOKYO A group of five Japanese banks will lend up to US$l5O million (*****.6 million) to Air China Co, China's biggest state-run airline. The consortium comprises the Industrial Bank of Japan Ltd, Mitsubishi Bank Ltd, Dai-lchi Kangyo Bank Ltd, Mitsubishi Trust and Banking
          AFP  -  59 words
        • Article
          Lock icon Cagamas bond interest payment
          55 23 Bernama KUALA LUMPUR Cagamas Bhd announced that the second interest payment on the three-year fixed rate Cagamas Bonds with a total nominal value of Ms2so million (S$ 142 million) issued on Jan 28, 1994. at a coupon rate of 4.96 per annum, is due and payable
          Bernama  -  55 words
      • Article
        Lock icon Taipei to liberalise forward forex market
        115 23 Reuter TAIPEI Taiwan will liberalise its forward forex market to allow dealing by companies involved in foreign exchange services, overseas securities trading and overseas direct investment. The central bank yesterday said the liberalisation would become effective from Jan 16. "To accelerate the financial liberalisation,
        Reuter  -  115 words
      • Article
        Thai Military Bank expects profit to top 3.4b baht in '94
        563 23  -  By Quak Hiang Whai SINGAPORE The Thai Military Bank is expected to have earned at least 3.45 billion baht (SS2OO million) last year, up 22.6 per cent Irom 2.81 billion baht in 1993. But the listed bank expects interest
        563 words
      • Article
        Lock icon Taiwan bank loses US$20m trading derivatives
        176 23 Bloomberg Business News HONGKONG Overseas Chinese Bank, a commercial bank in Taipei, has lost US$2O million (Ss29 million) over the past two years in derivatives transactions arranged with Union Bank of Switzerland. A bank official yesterday said that in 1993 and 1994. the bank
        Bloomberg Business News  -  176 words
      • Article
        Lock icon Canadian dollar plunges to 9-year low, forcing rate hike
        366 24 Reuter TORONTO The Canadian dollar plunged to a new nineyear low on growing investor jitters on Tuesday, forcing the Bank of Canada to raise interest rates to near two-year highs. The Canadian dollar has tumbled three-quarters of a US cent in
        Reuter  -  366 words
      • Article
        Lock icon Kuok's edible oil business in China worth US$750m
        201 24 Knight-Ridder KUALA LUMPUR The Kuok group's edible oil business in China is expected to be worth more than US$75O million (551.09 billion) last year, the Hongkong-based Asia. Inc magazine said. Edible oil sales, mainly Malaysian palm oil, are forecast to total 1.5
        Knight-Ridder  -  201 words
      • Article
        Lock icon Bankers Trust debt rating cut by S&P
        185 24 NYT NEW YORK Standard Poor's Corp on Tuesday knocked Bankers Trust New York Corp from its lofty status as one of the few bank holding companies with a double-A rating, citing the unsettled trading markets for bonds, currencies and derivative products. The agency
        NYT  -  185 words
      • Article, Illustration
        Lock icon A banking crisis in Venezuela
        48 24 Reuter CARACAS, Venezuela A crowd of depositors in Banco Progreso lining up outside a branch of Banco Latino here on Tuesday to access their funds. The government took over and closed Banco Progreso and transferred deposits to five state banks including latino. Reuter
        Reuter  -  48 words
      • Article
        Lock icon High prices, coming holidays may cut demand for base metals: traders
        436 24 Reuter SINGAPORE Soaring world prices and Chinese New Year holiday closures are likely to cool demand for base metals from Chinese. Indian and other regional buyers, Singapore traders said. "It is going to be a very quiet market from
        Reuter  -  436 words
      • Article
        Lock icon Analysts zoom in on US cotton exports
        420 24 Only 2.7 m bales of targeted 10. lm shipped between August and December Reuter NEW YORK With the US harvest virtually completed, most cotton analysts will now be focusing on US exports, consumption and ending stocks in this month's US Department of Agriculture
        Reuter  -  420 words
      • Article
        Lock icon World recovery and output restraint may push aluminium above US$2,100
        334 24 Reuter TOKYO Aluminium should continue a bull run that took it to 4'A-year highs this week and is likely to rise above USS2.KK) (553,044> a tonne, driven by global economic recovery and output restraint. Japanese traders said yesterday. They said
        Reuter  -  334 words
      • Article
        Lock icon Oil firms on demand for North Sea crude
        291 24 ENERGY REPORT Reuter LONDON World oil prices climbed strongly on the back of healthy European refinery demand for North Sea crude cargoes and bullish overnight US stock data. Benchmark Brent Blend crude for February delivery on London's International Futures Exchange stood at
        Reuter  -  291 words
      • Article
        Lock icon Currency Reports: London
        170 24 Reuter LONDON The dollar, struggling to hold on to small gains against the mark and the yen. was dealt another blow by benign US inflation data for December which dented interest rate rise speculation. But analysts said the dollar's post-CPI decline was a knee-jerk reaction and a
        Reuter  -  170 words
      • Article
        Lock icon New York
        84 24 Reuter NEW YORK The dollar was lower at midday after President Bill Clinton instructed Treasury to keep on extending help to Mexico and even consider increasing the country's credit line, it needed. At 1200 EST/1700 GMT. the dollar traded at 1.5350/55 marks, off from 1.5360/65 marks at 0900
        Reuter  -  84 words
      • Article, Illustration
        Untitled
        1621 24 Iiatlc unghutl uuU lakulultt/ S'/*xr'\ hi' U iiotltnK iviiiki Duv nw /Wi< US$/S$ forward rates Noon Jan 11 SS Bid (Miff 1-month 1445) ***** 2-month ***** 1 4437 )-month 1.4)48 I 4414 6-month 1.4)21 I 4)42 Saunr: (K H(' Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Jan
        1,621 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen boosted by forex movements
        1293 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and Eurodollars ended higher in moderate trading. Dealers said Euroyen futures moved higher on technical trading after breaking above some chart points on the way up. "The market looks a bit toppish as there is really no change expected
        Reuter  -  1,293 words
      • Article
        Tin eases on weaker London close
        650 25 COMMODITY REPORTS KL Tin TIN price ended one sen lower to MS 15.21 per kg on the Kuala Lumpur Tin Market (KLTM) yesterday in line with the weaker close of the metal on the London Metal Fxchange overnight. dealers said. The LME saw the
        650 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Viet coffee prices rising
          88 25 SINGAPORE Vietnam coffee prices have risen the past two weeks due mainly to fast-declining supplies, according to Vietnamese traders. Vietnam coffee is now at U552.300-2.400 (553.335-3.480) per tonne, compared with USS2.IOO-2.200 a few weeks earlier. Supplies depleted rapidly after farmers sold heavily in late-October and November
          88 words
        • Article
          S Korea to cut barley tariff to 2%
          92 25 SEOUL South Korea has lowered the tariff on hull-less feed barley to 2 per cent from 5 per cent, while retaining one per cent and 2 per cent tariffs on corn and soybean, said the government yesterday. The change in barley tariff
          92 words
        • Article
          Aussie wheat board fears market loss
          61 25 SYDNEY The Australian Wheat Board has warned it could lose premium markets this year if growers withhold their crop in the hope of obtaining higher prices. Australian Wheat Board merchandising manager Phillip Pyle said it was not clear how much wheat the AWB would
          61 words
        • Article
          India gas well fire continues
          83 25 NEW DELHI Fire continued to rage in a newlydiscovered natural gas well for a fourth day yesterday in southern India, and the capping of the well may take 10-40 days, a spokesman at the state-run Oil and Natural Gas Corp said. An Indian news agency
          83 words
    • Article
      COMMODITY PRICES
      1447 25 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 95 238.50 237.00 237.50 700 900 Mar 239.75 237.50 239 00 1350 3025 Apr 242.50 239.75 241.00 250 3375 May 242.50 239.75 241.00 250
      1,447 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1002 26 +3.6 IHE Australian share market closed firmer yesterday for the first time in the nine trading days of 1995, led out of the doldrums by the strong performance of some blue-chip stocks, brokers said. The key All Ordinaries finished 3.6 points higher at 1,859.3. while the All Industrials Index
        1,002 words
      • Article
        Manila
        587 26 -26.21 Philippine share prices fell for the third straight day yesterday as investors stayed on the sidelines in the absence of good news, analysts said. The Philippine Stock Exchange Index shed 26.21 points, or nearly I per cent, to close at 2.631.47 points. Volume rose 16.35 per cent to
        587 words
      • Article
        Taipei
        602 26 +20.36 The bourse staged a weak comeback in modest trading with textiles posting the largest 0.7 per cent gain, ending five consecutive losing sessions, dealers said. The 410-issuc Weighted Price Index on the Taiwan Stock Exchange advanced 20.36 points, or 0.3 per cent, to settle at 6.777.24 points, after
        602 words
      • Article
        Seoul
        426 26 +5.64 Share prices rebounded yesterday on the Korea Stock Exchange, helped by technical upward corrections in blue chips, brokers said. The Composite Price Index managed a 5.64-point gain to close at 999.08 points, with 41 million shares worth 830 billion won changing hands. Falls outnumbered rises 455 to 304.
        426 words
      • Article
        New Zealand
        313 26 +20.99 The New Zealand share market was boosted by a strong showing in forestry stocks and I clecom to close markedly higher on good volume. The NZSE-40 Capital Index ended the day at 1.945.16. up 20.99 points and marginally below the high for the day. Carter Holt Harvey,
        313 words
      • Article
        Bombay
        121 26 -22.27 Share prices closed lower on the Bombay Stock Exchange (BSE) yesterday but institutional investors returned to the market to buy in a signal that a recovery was on the anvil. The 30-share BSE Sensitive Index lost 22.27 points to close at 3,600.79 points, but the fall was not
        121 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        754 26 Britannia Funds Sterling Cash Bid Oflrr Mim I ap Deposit 3S 6400 3S 6500 Mim Jertey C.i* AIW3 0 IM2 Mim Ma» Income *0 "*100 «0 9300 I SS Cash Ikuik Plir. F und 4500 •>'•600 PS J Reserve Fund 5 3600 5 3TOO Strrlinn Emu Performance 0 45V2 0
        754 words
      • Article
        London
        636 26 -11.0 A retracement in FTSE Index futures and a near 20point fall in the Dow left blue chip shares lower at the close, well below the day's best achieved levels after bullish US inflation figures. The hTSE 100 ended 11.0 points lower at 3,049.4. The March futures contract was
        636 words
      • Article
        Paris
        149 26 -10.06 French shares finished lower for the third consecutive session this week, after attempting to rebound late Tuesday and failing to hold gains yesterday. The market had been struggling to rally after an easy opening and rose after US CP1 data reassured debt markets. But traders said foreign selling
        149 words
      • Article
        Frankfurt
        185 26 +9.95 German shares held most of the day's moderate gains to end near the day's highs, supported by firmer Bund and DAX futures prices. Dealers see DAX rise capped at 2,070 with DAX future hitting resistance at 2,085. The DAX Index ended up 9.95 points at 2,061.05. March DAX
        185 words
      • Article
        Stockholm
        117 26 +0.41pc The Swedish bourse closed higher after a day of high turnover of 3.166 billion crowns. Swedish investors were very active and traded mainly shares of large exporters. The OMX Index rose 0.41 per cent to 1173.29. Ericsson's B share, the day's most traded, rose 2.50 crowns to 434
        117 words
      • Article
        Milan
        135 26 +0.71pc Shares slipped from early highs in highly technical trade with Italy's political crisis continuing to deter investment. Brokers said the market was likely to start out weaker today in the absence of any news from Rome on who is to head Italy's next government. The Mibtel Index closed
        135 words
      • Article
        Amsterdam
        261 26 -1.23 Dutch shares threw ofT the day's lethargy in the last hour or so of business, with volumes picking up and prices edging away from the lows after the announcement of December US consumer price figures. By the 1530 GMT close the AEX Index was down 1.23 points at
        261 words
      • Article
        Brussels
        176 26 -5.32 Belgian shares ended another quiet day easier, falling in line with stocks on other European bourses, despite basically sound fundamentals and weaker-than-expec-tcd US consumer prices, dealers said. The Bcl-20 Index of closing shares closed 5.32 points or 0.38 per cent down at the day's low of 1,378.61 after
        176 words
      • Article
        Zurich
        240 26 -2.31 Swiss shares ended slightly lower after a mixed day. I he market reversed morning losses after the US inflation data. Stronger US bonds and shares helped. But shares slipped again near the end of the session. The SMI Index of leading shares was down 3.4 points to 2,597.0.
        240 words
      • Article
        Johannesburg
        287 26 -73.8 Ciold shares edged higher in afternoon trade as bullion firmed, dealers said, but other stocks remained depressed on emerging market concern. Trader said a sharply weaker financial rand was offering support to key stocks. The Overall Index was 49.2 points down at 5,624.8. Industrial Index 73.8 points down
        287 words
      • Article
        Toronto
        303 26 -27.79 Stocks dropped further at midday, giving up nearly all the gains made on Tuesday, as energy stocks and banks pulled the market lower. The TSE 300 Composite Index fell 27.79 points to 4164.07 with 40.48 million shares traded worth C 5617.30 million. Declines outpaced advances 364 to 197,
        303 words
      • Article
        New York
        755 26 -5.05 The Dow Jones Industrial Average, which edged up 5.39 points on Tuesday, was down 5.05 points to 3861.69 at 11 am ES I The key barometer was ahead 13.45 points shortly after the market opened. The New York Stock Exchange Composite Index was off 0.09 to 251.60.
        755 words
    • Article, Illustration
      Lock icon HONGKONG
      3097 27 Bloomberg Business News HONGKONG Stocks plunged, led by index futures contracts, on expectations that interest rates will rise and real estate prices will fall, traders and analysts said. "Worries about property prices and interest rates are taking their toll on the market and there is still more to come,"
      Bloomberg Business News; Source: Bridge Info  -  3,097 words
    • Article, Illustration
      Lock icon CHINA
      582 27 CLSA THE H shares fell 3.7 per cent on HKSB9.6 million turnover. Dongfang Electric plunged 9.8 per cent. Beiren. the only stock to defy the trend, climbed 1.1 per cent. CLSA Shanghai B Index dropped 0.8 per cent on a thin trading volume of US$l.4l million. Local investors' attention
      CLSA  -  582 words
    • Article, Illustration
      Lock icon TOKYO
      2537 27 Reuter TOKYO Stocks closed a little firmer, with prices supported by arbitrage-linked buying and by foreign investors' buying of largecapital issues, brokers said. However, trade in the first section was not very active compared with the volatile over-the-counter market, they said. "Foreigner buying in large capital shares eased fears
      Reuter; Source: Bridge Info  -  2,537 words
    • Article, Illustration
      Lock icon BANGKOK
      1812 27 AFP BANGKOK Continued selling by foreign institutional funds yesterday pushed the Stock Exchange of Thailand (SET) Index down 11.64 points, or 0.88 per cent, to a closc of 1,314.35 points, brokers said. It was the fourth straight daily loss for the Thai bourse. Trading remained very light with iust
      AFP; Source: Bridge Info  -  1,812 words
    • Article, Illustration
      Lock icon JAKARTA
      1157 27 Reuter JAKARTA Share prices closed lower in moderate trading on the back of selling in Indosat although two of this week's newcomers. Bukaka and Citra Marga. were steady, brokers said. "Overall the market has been weak on the back of Indosat's fall which is unfortunate, because Indonesia's market at
      Reuter; Source: Bridge Info  -  1,157 words
    • Article
      CLOB INTERNATIONAL
      2243 28 (if (if IW4,95 asl Nol lhi> IjsI IH% l>i% \M Nd M jp llitth Ijm» (oVM) Nik- "»kI> Bu>«' Viler t "»r Kf v MALAYSIAN STOCKS m I Ml MSB j«c 246 vl 12 21 MX 246 245 _<S1 to 2 114 206 105 >11 XMOB 50c lt»
      2,243 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Blue chips get a boost, telecom shares slide
        6452 28 Bloomberg Business News KUALA LUMPUR Stocks were mixed as investors bid up blue chips after a moderate US inflation report eased concerns about rising interest rates and pulled out of telecommunications stocks likely to be hurt by increased competition. The Kuala Lumpur
        Bloomberg Business News; Source: Bridge Info  -  6,452 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7122 29 Imwnboawp G« Gr M »l 1W4/ Vol Da) IjwI Qoole Di« Di» VM Nrt Ca» _*1 llitk Low Cuoipua; Sate {'000) High Lw B«)m Seller C"« P'E tal1 INDUSTRIAL AND COMMERCIAL 7.W 417 5-ml s Vnu Mk 436 -4 100 446 4* 434 416 8 8 47 10 139 6010
        7,122 words
      • Article, Illustration
        Lock icon Prices mixed as HK plunge stalls modest rebound
        1938 30  -  By R Sivanithy SINGAPORE A benign US December Producer Price Index figure that led to an overnight rally on Wall Street helped temporarily allay fears of another interest rate rise at the end of this month. As a result, stock traders here
        Charts by Bridge Info; Source: Bloomberg  -  1,938 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      315 19 NEWS VALUE Prices down 17% at URA's first land auction this year (pg i) Not the best news for listed property companies with significant local exposure. Eyes will now be on the outcome of the upcoming auctions. Raffles Medical Group may apply for listing in 3rd qtr (pg I) Could
      315 words
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      Page 20 Advertisements Column 1
      137 20 Venturing overseas? Finance Scheme, your "cash-for-4A/ invoice" financing could be for as Would you like instant cash tor your 0 c<y .11, i little as 3.5% p.a.. invoices and let someone else assume the responsibility for bad debts? We also help to cut your administrative t L ij. -j work,
      137 words
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      Page 21 Advertisements Column 1
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      202 words
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      Page 22 Advertisements Column 1
      32 22 DISCOUNTS UP TO 70% /RA R I S 1 j Isetan Scotts Level 4 i Children's Department Tel: *****11 Taskashimaya Level 3 Children's Department Tel: *****29 Laurel S The Promenade *****71 w
      32 words
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      Page 22 Advertisements Column 2
      37 22 Financial News o A Quick Look At The I I Markets I Call 24 hours a day for I KLSE I reports, I I market reports and I Cost: 30 cents a minute An SPfl AudioTex Scrvicc
      37 words
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      Page 22 Advertisements Column 3
      90 22 We provide shelt companies and incorporation services in ALL jurisdictions, including British Virgin Islands Cook Islands 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 applicants. For further
      90 words
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      Page 23 Advertisements Column 1
      251 23 District 10 Prime Development Site For Sale By Tender In The Vicinity of Holland Village Prime Local/International Schools. Tenure 947 years, 4 months, 23 days wet 15/5/1937 Land Area Approx 2950.5 sq.m. (31,759 sq.ft.) Master Plan Zoning Residential Plot Ratio 2.1 Tender Closing Date 12.00 noon 20th January 1995 For
      251 words
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      Page 25 Advertisements Column 1
      345 25 BUSINESS T I M li S TOI.L-FREKTr.I- No. 1-800-741-1883 lAX 7AI-129H THE COMPANIES ACT, CARS) PACOL PRIVATE UMITED (in Voluntary Liquidation) At an Extraordinary Ganaral Maating of tha abovenamed Company hald on tha 12th day of January 1995, tha following Spacial Resolution was passed:WINOiNG UP It was resolved: THAT tha
      345 words
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      Page 25 Advertisements Column 2
      56 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Financial News A Quick Look At The Markets I Call 24 hours a day for SES KLSE midday reports, closing world market reports and business news. Cost: 30 cents a
      56 words
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      Page 26 Advertisements Column 1
      23 26 I'lUfU'l lioutitfue and Sen ice Centre: *01-01 Mandarin Shopping Arcade, <^ r the Mandarin Singapore, ffW. Singapore JQAJLLSR £V n«i t iijti a:/>> i<w
      23 words
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      61 28 SINGAPORE THE HOUR GLASS Takashimaya Shopping Centre Tel *****20 Lgftu. Luchy pi a/a Tel *****62 Scoffs Tel *****27 Centrepomt Tel *****98 Peninsula Plaza Tel *****09 Raffles Hotel Tel *****41 World Trade Centre rIL 'rf7/777} F Tel *****51 Chongi Airport Terminal 1 (West Wing) Tel *****60 Terminal 2 (South Wing) 161
      61 words
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      70 29 ffi=sslLi STRAIGHT TALK You shouldn't have to read between the lines > to get the full picture. Companies Markets. Everyday. Business Times A Timely Investment. DICKSON WATCH JEWELLERY (S) PTE LTD Hi J}| I A wholly owned subsidiary of DICKSON CONCEPTS (IN TERNATIONAL) LIMITED) V Jtl Jtafl All m Jtl
      70 words
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      275 30 I MFSline I In English Number Horoscopes (Daily) 8450 The Capricorn Man; Win Prizes! Entertainment News 8451 Juicy News Of Demi Moore, Chyna Philips, Billy Baldwin, Frank Sinatra A Robert deNiro Ghost Stories 8452 A Deadly Friend; Win Prizes! Children's Funland 8453 Oh Dear! What Can The Matter Be! Face
      275 words
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      Page 30 Advertisements Column 2
      468 30 b u s_j_JLJLJLJt_I_L-hLJLi!-— —r" i IN THK MATT ICR OK THK COMPANIES ACT, CAP. SO AND IN THK MATTER OF EERROTRANS PTE. LTD. (Incorporated in Singapore) Al an Extraordinary General Meeting of the members of Ferrotrans Pie Lid duly convened and held at 16 Leedon Heights #09-03 Singapore 1026 on
      468 words
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      Page 30 Advertisements Column 3
      353 30 OFFICIAL NOTICE We, THONG SOON SHIPPING PTE LTD ol 78 Shenton Way #10-01 Singapore 0207 hereby give notice that in consequence ol the intended change of name, we have applied to the Registrar ol Singapore Ship, under Section 386 ol the Merchant Shipping Act (Chapter 179) in respect of the
      353 words
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      Page 30 Advertisements Column 4
      692 30 inducing: (1) "BEHR" 750 HP Diesel Loco Raicar (1) MJURO-DAKOVKJ'DieseI Locomotive with 600 HP CATERPtIAR (2) COVERED GOOOS WAGONS, 4 wheel with side access door (11) 70 TON CAP. FLATBED BOGEY WAGONS (40" 35") (3) Single Axle DROPSOE FLATBED, 4 nrfteel wagons (2) Single Aide OPENSIDE FLATBED, 4 wheel wagons
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  • BusinessTimes ShippingTimes
    • Article
      PSA's container cargo throughput rises 16% in Oct 1994
      391 31  -  By Rahita Elias SINGAPORE The port of Singapore achieved a 16 per cent jump in containerised cargo throughput in October 1994. Figures just released by the Port of Singapore Authority show 952,300 20-foot equivalent units (TEUs) were handled that month, compared
      391 words
    • Article
      Lock icon OOCL, APL to launch Yantian service
      169 31 Reuter HONGKONG Orient Overseas Container Line Ltd of Hongkong and American President Lines will launch a direct transpacific service to Yantian, China, next month, replacing feeder ship operations between south China and Hongkong, Yantian International Container Terminals Ltd chairman John Meredith said yesterday. The
      Reuter  -  169 words
    • Article
      Lock icon German unions slam ruling on cheap foreign crews
      426 31 Reuter BONN Germany's constitutional court on Tuesday rejected a complaint against a law allowing German shipowners to hire cheap foreign crews, provoking a chorus of protests from unions. The court said the so-called second register, by which foreign personnel on German ships
      Reuter  -  426 words
    • Article
      Lock icon Beijing to crack down on unlicensed shipping agents
      209 31 Bloomberg Business News HONGKONG The Chinese government has called for a crackdown against unlicensed shipping agents which are causing chaos to the country's ocean shipping network, the official Economic Information Daily reported on Monday. The paper said China's 500 approved agencies are
      Bloomberg Business News  -  209 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      603 31 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Lines 13 S Ahrcnkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line. The 9 5 Batamindo 7 3
      603 words
    • Article, Illustration
      Lock icon Arms dealer on piracy charge
      83 31 Reuter MADRID Syrian arms dealer Monzer Al Kassar getting out of his car upon arrival at a Madrid court on Tuesday on the second day of his trial for alleged piracy in connection with the 1985 hijacking by Palestinian guerillas of the Italian liner Achille
      Reuter  -  83 words
    • Article
      Lock icon S Korea oil refiner loads North-bound shipment
      238 31 Reuter YOCHON, South Korea A South Korean oil refiner loaded a Chinese tanker with a shipment bound for the communist North, part of an oil transfer deal hammered out between North Korea and the United States. A spokesman for Honam Oil Refinery Co
      Reuter  -  238 words
    • Article
      DAILY FREIGHTS
      1548 32 THE Baltic Freight Index for spot dry cargo shipping rates rose to 2,015 on Tuesday from 1.994 on Jan 9. There was some activity for Panama.* tonnage to cover grain cargoes from the US, brokers said. Cargill was said to have covered 57,000 tonnes of heavy grain, sorghum
      1,548 words
    • Article, Illustration
      Lock icon China's surging port investments
      1064 33 Seatrade Review Monthly WITH modem infrastructure one of the highest entries on China's development wish list, it i* surprising that a recently published study by Ocean Shipping Consultants commented that China noverspending on port investment. If OCS believes that growth will taper by the end of
      Seatrade Review Monthly  -  1,064 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      14100 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls
      14,100 words
    • Article, Illustration
      Lock icon US auto industry upbeat about 1995
      842 43 AP AST year was a good one for the US auto industry: I j balance sheets were heavy with black ink and many factories were (unning flat-out. But for all of their pluses 1994 was the industry's best Jince 1988 automakers also had to
      AP  -  842 words
    • Article
      Lock icon Sony and Pioneer eye US market for guided vehicle systems
      252 43 AFP JAPANESE electronic group Pioneer announced on Monday that it would begin selling its automobile navigation systems in the United States, competing with the giant Sony. Demand is predicted to be huge for the maps displayed on a small liquid
      AFP  -  252 words
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      SHIPPING AGENTS
      3331 44 A fIBC Containerline NV: Belsin Shpg Agencies Pre Ltd (SyMarine Handling Sdn Bhd (PK/PN). Vcvurd Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Vhrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,331 words
    • Article
      COURIER SERVICES
      281 44 Abacus C ouriers Tel: 545-8011. Fax: 545-1898 Air Cxpress Travel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services
      281 words
    • Article
      AIR FORWARDERS
      1510 44 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Td: 542-7666 Fax: *****74. *****50. Air
      1,510 words
    • Article
      PORT CONDITIONS
      2431 45 ARGENTINA Diamante, Santa Fe: No vessels berthed, no vessels in roads, no vessels due. San Lorenzo: Five vessels berthed of which 3 loading soya bean meal pellets, 1 wheat. 1 maize. 4 vessels in roads, 17 vessels due at 9 terminals during the coming week. Kosario: Three vessels
      2,431 words
    • Article
      CRUISE & FERRY SCHEDULES
      1425 45 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel ETA E I D Forts of Calls Port Agent Telephone Na JANUARY 12 12 Renaissance 1 0800 1100 Penang Renaissance Cruises 222-338$ 12 12 Columbus Caravelle 1000 2100 Cruise to Nowhere Harpers Shipping 221-1388 12 12 The Empress 1200 2030
      1,425 words
    • Article
      SHIP SALES AND TANKER RATES
      1221 45 THERE has been no let up in activity during the holiday period and we enter the new year with a major emphasis still being placed on the handy/handymax dry bulk market. There is a lot of optimism being shown for 1995 and on the newbuilding
      1,221 words
    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        552 46 sas Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure vv Jurong Port Bait-™ r*p 26* to2 *****845 1101/7300 Aikhs Faith 13 alongside 1201/0600 Batam S<*ed3 *0495* TO1A 1201/1200 1201/1400 18 alongside 1201/1500 Batam Speed3 ****** TOIA 1201/0700 1201 0900 ~5*3br 110 alongside 1201/2359 Balam
        552 words
      • Article
        CONTAINER SCHEDULES
        1499 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From lade 2208 13/1100 2A U/170C 12 0659 12/0900 2B 11/1700 12/0659 12/0900 4 12/1200 12/1159 12/1700 I Ac, It, 0MA 14/0700
        1,499 words
      • Article
        COCKETT BUNKER MARKET REPORT
        949 46 •THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive descrip- tion of the market. Prices shown arc based on average-sized stem. Market movements are indicated. The Cockett Bunker Pricc Index change
        949 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        608 46 Carbon iWn Jan 5 Density Water Residue Ash Murwmir Sedment Density Water Rewkie Ash Afcnirun SeAwnt MM Exxon if 0 1 KG/M*3 V/V M M M M PPM method RG/M*3 V/V M/M M/M PPM method Eastern USA 1?0 «e" 985 0 2 13 6 0 08
        608 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon US meeting on airline safety issues 70 recommendations
        480 48 NYT WASHINGTON A two-day emergency conference on airline safety ended on Tuesday with 70 recommendations for sweeping changes in equipment and training. But many of those recommendations have been made before, and industry experts and government regulators alike agreed that one problem
        NYT  -  480 words
      • Article, Illustration
        Lock icon Ford plans to produce Taurus cars in China
        517 48 Bloomberg Business News BEIJING US automaker Ford Motor Co on Tuesday said it is holding talks to make 100,000 cars in China a year by the end of the century, just 10 days after Beijing threatened to halt auto talks with US
        Bloomberg Business News  -  517 words
      • Article
        Lock icon Sales of imported cars in Japan soar to record high
        471 48 Reuter TOKYO Competitive pricing, appreciation of the yen and a shift in consumer tastes helped sales of imported vehicles in Japan soar 49.6 per cent to a record 301,391 last year, industry sources said. The rise far outstripped the marginal
        Reuter  -  471 words
      • Article
        Lock icon Swissair to improve Asia cargo schedules
        259 48 Reuter HONGKONG SwissairSchweizerische Luftverkehr AG said its summer schedules starting on April 3 will feature improved services to Southeast Asia which will directly benefit cargo customers. For the first time, a twiceweekly passenger service will link Zurich and Taipei, stopping off in Bangkok en
        Reuter  -  259 words
      • Article
        Lock icon Continental to drop unprofitable flights
        205 48 Reuter NEW YORK Continental Airlines is dropping some unprofitable flights from its lowfare, short-haul business starting on Tuesday, the Wall Street Journal reported. The US airline started the CALite business on Oct 1, 1993, by devoting half of its fleet to the low-fare, short-haul service
        Reuter  -  205 words
      • LOGBOOK
        • Article
          China Yunnan orders 3 Boeings
          123 48 SINGAPORE China Yunnan Airlines has ordered three Boeing 767-300s and taken options on an additional three of the long-range twin-engine jetliners. The contract was signed earlier this week at the airline's headquarters in Kunming, Yunnan province. The total value of the contract, including the option
          123 words
        • Article
          Lock icon ANA eyes Kansai-Dalian-Beijing route
          63 48 AFP TOKYO Japan's second largest airline. All Nippon Airways Co Ltd (ANA), has asked the transport ministry to approve a new link from Osaka's Kansai International Airport to Beijing via Dalian in north-eastern China, company officials said yesterday. ANA plans to start one flight a week
          AFP  -  63 words
        • Article
          Lock icon US may ease curbs on ATR planes
          94 48 AP WASHINGTON Months after prohibiting cold-weathcr flights of certain European-made planes, a US agency said it may soon lift most of the restrictions. The Washington Post quoted Anthony J Broderick, associated administrator of the US Federal Aviation Administration, as saying the agency may
          AP  -  94 words
        • Article
          Lock icon VW Mexico unit suspends production
          98 48 Reuter MEXICO Volkswagen's Mexico unit said it will suspend production of aff models during the week Jan 23 to Jan 27 in reaction to a shrinking of the national auto market caused by Mexico's currency'Cffcis. "Given the current conditions of the Mexican economy and the
          Reuter  -  98 words
        • Article
          Lock icon Ecuador to sell airline shares
          81 48 Reuter QUITO Ecuador will sell part of state-run Ecyatoriana de Aviacion shares through the local stock exchanges some time between Feb 15 and Feb 18, Privatisation. Head Mauricio Pinto said on Tuesday. "We should have the company completely privatised by the end of February," Mr
          Reuter  -  81 words
      • Article
        Lock icon EU will be tough on airline aid: Kinnock
        183 48 Reuter BRUSSELS EU airlines applying for government cash injections can expect rigorous European Commission checks on aid terms, said Britain's Neil Kinnock, the next EU transport commissioner. Past recipients of aid can expect the closest scrutiny, Mr Kinnock said on Tuesday, a
        Reuter  -  183 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1334 48 ctt£ ETA FHM ETO_ Citjr FlgX ETA n»_ Abu Dhabi GF146 1110 GF147 1850 Frankfurt LH778 1615 QF5 2220 SQ441 1455 SQ325 1815 SQ328 2355 GA975 1520 QF6 1840 GA8e3 1545 Fukuoka SQ989 1720 SQ990 0125 92UL QF82 2050 fi«W¥a SW183 2140 Hanoi VN741 1310 VN740
        1,334 words
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      21 31 2 New Services to Far East RTA Arriving Wed to Pusan Incheon lAX Arriving Fri to Tokyo, Osaka Yokohama Hotline 326Q23Q
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      Page 31 Advertisements Column 2
      24 31 Line* and raprewnltd b> Mmben (X tlw *~«<«ed IjKglV Shipping Agents, Singapore National x&mtfpJJ Shipping Awoctotion. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 31 Advertisements Column 3
      51 31 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times China's surging port investments, Pg 3 US auto industry upbeat about 1995, Pg 13 US meeting on airline safety issues 70 recommendations, Pg 18 \Cw^^ EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. m Business Times
      51 words
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      1873 32 I IMPORT.... IMPORT.... I 'I. SNQrth America I i other destinations! I north ambrica i LBMBH-ff HMT CM*f (4BQ r- I aunt or emKML***** ifumfHtk «vimi -i 1I r rem. wr store u oak *a> sea dm. Houston chc et rejocoan wonnwi wr sr I u |FEn«ttssEi| u I *ca
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      1124 33 1 1 I U JkSCp atJ'PpSiftrn (QAft) tMr«7sw aw' pso dxb I shi Im auh I dmn I bah doh YSL/VPY ISH BW BKM [^mZZZZZCOZZSiZnZZHZ| UaWIJ *i*MAKH COM* IC/1 30/1 21/1 30/1 1/2 31/1 31/1 1/2 3/2 AL MANAKH COW* 10/1 31/1 2/2 ALMANAKH COW* 11/1 21/1 4/2 -"•-"BNTBAYRCIOOII 23/1
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      Page 33 Advertisements Column 2
      415 33 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUBTBAUA (BAST COAW FROM AUSTRALIA CAST COAltl wjsti/wr ki «s scr NC irt m bur hob ntsm/wr m in n m m n sgp pm L MYAKARTA lIS 11/(1 15/01 17/01 */01 02/02 MTARARTA MN 22/12 20/12 11/tl 11/01 15/fl ASM «5S 13/01 12/01
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      1427 34 F ~~1 ROAM LE SOUTH- PORT 111 I VO> NO HAMBURG ANTWERP HAVRE AMPTON KELANO S PORE HKO KAO TYO SHI KQ6 NAG DANUBE IB2SI 20/12 22/12 24/12 12/1 13/1 17/1 H/1 26/1 23/1 24/1 LEVERKUSEN EXPRESS 22/451 23/12 27/12 29/12 21/12 16/1 20/1 23/1 24/1 25/1 KAMAKURA 37/252 27/12
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      Page 34 Advertisements Column 2
      407 34 i^aapH|p|ppi||| S'pore P. Kelang Loading for I CELTIC Ski 8/1 Rdm/Atw/UK/Nantes I OSMARE 7/1 9/1 Rdm/Atw/UK/Nantes I 'Loads E./W. Malaysia. Indonesia I V Loading for I ENERGETIC Dubai/Bahrain/Damman/Kuwait I sea VENUS Hodeidah/Jeddah/Aqaba H Loads Singapore. E./W. Malaysia. Indonesia I E Loading for Los Angeles/New Orleans/ I Charleston/Norfblk/Camden Los Angeles/New Orleans/
      407 words
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      Page 34 Advertisements Column 3
      1447 34 I NORASIfI hrfoi jiisMjjiujiAi j»nd NOMSIA MALTA 9501 3 12/01 31/01 03/02 04/02 04/02 05/02 05/02 04/02 04/02 07 <* j NORASIA KCL 4502 3 14/01 04/02 10/02 11/02 11/02 12/02 12/02 13/02 13/02 14 SI PWCS 504W 27/01 15/02 14/02 20/02 20/02 21/02 21/02 22/02 22/02 23 j SI
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      1210 35 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Td: *****88 Fax; *****17 CARGO MA SAILS STRAITS VENTURE V9SO2E Muara.Lab.KK.Kch 13-14 lan IS lan 16 lan FCL LC I CONTAINER ANO Mf AKBULK StRVICt TO PAPUA New GUINEA MERUBI VOIC KK. Slian, Taw 16-17 lan
      1,210 words
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      Page 35 Advertisements Column 2
      2203 35 A 1 P&O Containers (Singapore Agencies) Pte Ltd ■■w* 0 ,0 Hoe chiang Road #07 01 Kcppcl Towers, Singapore 0208 Class Connections WORLDWIDE 25 2233 .™c*: rs ***** pnocsp Fax: 225 5327/222 7517 > EXPORT IMPORT i VESSEL VOY -WW *PKO SIN SOU AMT "o/T, JJfJ* LfM «'«L VOY ZEE
      2,203 words
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      Page 35 Advertisements Column 3
      737 35 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PRI PtN tOH Sti HKG RAO TAI REE YOK TKY WAG ROB OSK MO) BUS MAN Ml 212 N024 01/01 OS 01 10/01 12 12/01 16/01 18 01 20/01 T/S RAO 25/01 26/01 27/01 28/01 WAN HAI 203 N066 lToi 13/01 15/oi 15 16 01
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      487 36 rfh JOINT VENTURE \>l!V SAMUDERA INDONESIA SIR RICKMERS win SINGAPORE CHINA GREEN ERA VOY 3NB 12 lAN QINGDAO MSA SEPU.UH VOY 3N6 OS FEB XINGANG SHANGHAI INDUCEMENT CALL P.KELANG INDUCEMENT CALL HK. P.GUDANG. BELAWAN. TG MAN XIAMEN. ZHANGJIGANG J# UTAMA HARTA -J g) WEEKLY FULL CONTAINERSHIP FEEDER VESSEL NAME VOY
      487 words
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      Page 36 Advertisements Column 2
      1149 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FDR VSL SIN IM HAUL S£* m TO* F0« *SL IUM HAUL MV W WC HANJON HOHGKONG 0471 20/1 IMKCT 9/2 10/? n/i HANJIM WHANG 1531 14/1 H BARttIOM 07IE 1«/J 17/2 19/2 HANJIN SEATTLE 03«
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      Page 36 Advertisements Column 3
      1291 36 I -J -TrTn"T3T|^ I K1 "l 1 6 oa nst tyo ui chs ui mc uw mkmwkno cm m w I I i SSL«L, li 2/ a t\ 7/» l/j JLI J** n l lli V 3 IV) IV) IS/) 11/) 17/) 17/) 1M 12/4 m i Ji ,l'l J
      1,291 words
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      Page 37 Advertisements Column 1
      2994 37 VARNA (BULGARIA) COHSTMT2A (KOtUmtl haumssoi 3 SAILING PfH MONTH ?smm£ WE ltd saasftw..**. •^---BssKJrai&« SHIPPING PTE LIU Tain: 2MJO COSHIP Comittloasl: *****50 DO: *****»S J^T O in Wjj »17-09 CK No: **********0 M fac 22*2208 »«iU«M Sue— Oocs: *****50 I rowf 2 UC* Wo: CCSU lOHOHE OFFICE: Fmm: *****15 r
      2,994 words
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      Page 37 Advertisements Column 2
      289 37 FAMOUS CONTAINER LINES 80 ROBINSON ROAD. #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 16/01 ROTTERDAM 17/01 AARHUS/COPENHAGEN 16/01 HAMBURG/BREMEN 17/01 MARSEILLE/FRANCE 17/01 FELIXSTOWE/UK 16/01 BARCELONA/SPAIN 13/01 LEHAVRE/FRANCE 17/01 GENOA/ITALY 14/01 ANTWERP/BELGIUM 17/01 LOS ANGELES/WC/IPI 13/01 SYONEY/MELBOORNE 15/01 NEW YORK/EC 13/01 FREMANTLE/ADELAIDE 15/01 VANCOUVER 16/01 BRISBANE 13/01 TORONTO/MONTREAL 16/01
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      1140 38 j I i mn u JBRA_BHUM 538 Ffl Wtd fi INTRA BHUM 5007 Fri 12/1 _Sat_ 1471 IN BKK I BHATRA BHUM 948 Sat 14/1 Tw 17/1 WTWA BHUM 5008 Mo»~ /1 w 1 /1 14/1 Tua 17/1 j VtRA BHUM 117$ Bun__ls/1 Frl 20/1 j THANA BHUM IQ4N Tua
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      Page 38 Advertisements Column 2
      898 38 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N f Mil. STRAITB SHUTTLE SIEVICI JL PORT KLANG PENANG T VtSSEL I VOY I Stt PKL VESSEL VQY SW PEW StA LAUREL 352N 11/1 <WED) 13/1 (FRI) »0W ***** 13/1 (FRI) IS/1 (SUN)BAumNtA ****** 13'1 (FWI) IS 1
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      888 39 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I SSSSSSSS CR NO **********0E I I VESSEL VOY SIN CMB JIB HOO 4ED AOJ ADE PZU MSW ASA KOTA WIRWAN WRNSIS IS/1 23/1 29/1 30/1 2/2 4/2 13/2 "/2 20/2 V_- KOTABERAM BRNI3S 2S/1 2/2
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      Page 39 Advertisements Column 2
      931 39 VESSELS VOY Lt H*vtt HAWWC THAMES ROTTERDAM AWT WW MU H HTMM TO7W U/01 OVO* 07/0? 09/02 10/02 11/0? MILE Dt TUCANA UO7W »/<» M >8/02 12/02 13/02 14/02 VALE DC I (MA 107W **/<» "/<2 H/02 20/02 21/02 W.LE 0€ CARMA CO7W 01/02 23/02 21 02 20/02 27/02 •ALSO
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      Page 39 Advertisements Column 3
      582 39 bsa teA MYANMA ÜBBk FIVE STAR LINE r (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen PGdf PAGAN *217W 20/23 l*i I TANAH Alt ¥2W 20/24 lan MALAYSIA AGENTS BOUSTEAO SMTfWG AGENCKS KUL: TEL 02-03-*****00 P*l TEL 02 03 30X7(7 POt TEL 02 04 (***** PGD TEL 02
      582 words
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      Page 42 Advertisements Column 1
      1678 42 TO EUROPE FROM EUROPE FKOER ftl rtN MOTHB> Wt ISTO1STOKI l£H N» BBH FIT |m SWBf WW FUSAH S>-« _g0 «E/«M 5004/5004 0711 .7 01 H>. HOWPHMt 2414 IMI" ~HOT IMI 3011 »> 02 02 02 1514 1201 14 01 1701 2011 2MI 2311 ™L_ gst/saw MM/5001 14.01 mUm wTHsr~inr
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      Page 42 Advertisements Column 2
      486 42 ■LABMN CONTAINER LINES, INC :N:AV Agent* MAC-NELB BPORE: *****22 (24 LINES) W v "c/n N«c i2<W*****00e SIBU (064) *****9 KUCHING (0621 *****3 PENANG: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 J P KELANQ: (03) *****77 JAKARTA: (21) ****** SURABAYA: (3l) *****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE j PEN PKL SIN
      486 words
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      Page 43 Advertisements Column 1
      24 43 PORT SHOTS The latest in I sea, air and land transportation b Shipping Times i Monday to Friday SINGAPORE f BusmessTimes WE KNOW ASIA
      24 words
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      Page 43 Advertisements Column 2
      249 43 1 I 1 I VESSEL VOY SIN MAA SIN I I TIGER SPEED 314N 15-16/01 21-27/01 01-02/02 TIGER ISLAND 125S 18 19/01 (FOR DISCHARGE ONLY® CAPE HERMES 204N 17-18/01 23-29/01 0243/02 U TIGER CAPE 013 22-23/01 28-04/02 09-10/02 TIGER BRIDGE 315N 23 24/01 29 04/02 09-10/02 TIGER ISLAND 127N 27
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      Page 43 Advertisements Column 3
      368 43 PONGNAMA LINE COHTAINERIBEP SERVICE BTRAITB/BLW/INC/BBN KlSll (IKS) V* m M «c SMOMC T»M» »*)W 16 01 11/(1 11/(1 20/(1 30 01 (2/(2 usrm now 21/(1 21/(1 21/01 o« 02 «02 MMM *50W 21/01 11/(1 (1/(2 (2/(2 12/(2 11/(2 TU9OAS now 07/(2 10/(2 11/(2 22/(2 ROUND THE ASIA BIRVICI urea (Ml)
      368 words
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      Page 43 Advertisements Column 4
      413 43 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E PQ ETHIOPIAN SHIPf IN6 LINtS f (National Lines of CM**) ACCEPTING FCL AND CONVENTIONAL Vmml Voy ETA Loading For Sport Abbay Wonz 42W8 25/01 Mombasa. Djibouti Aaaafa. Masaawa
      413 words
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      480 47 ▲HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [pNA |~PKE P€D VESSELS VOY S« RIM ANT lEH HAM BWJ Fa 11/01 13/01 14/01 H. COMMANDER 16/01 03/02 05/02 04/02 05/02 05/02 07/02 IS/01 20/01 21/01 SI MARfCR 314* 23/01 10/02 12/02 11/02 12/02 12/02 14/02 25/01 27/01 2S/01
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      Page 47 Advertisements Column 2
      327 47 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE 4 KORO CARRER SPECIALIZE K HEAVY UPT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS yfjjfl VOY SM P* LOAOOG fOR PAKAATI SOMAN I 13/1 IS/1 OttAM Bid 21/1 *lAAA 2J/1 COSMK CHALLWtt* 17 1/2 </2 COSMIC UK** 1/2 V 2 SONBAI 31 2/2
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      Page 47 Advertisements Column 3
      703 47 I WY ISI ETA/D I LAX OAK I CHI DAL MEM/COL I HOU I NYC NOB MACKWAC BMOCE «2A 12/01 /13/01 29/01 31/01 01/02 02/02 02/02 03/02 03/02 04/02 ALLIGATOR TWH SOA 19/01 /20/01 05/02 07/02 01/02 08/02 09/02 10/02 10/02 11/02 GCOME WASHN6TON BMPg «4> 26/01 /27/01 30/01 14/02
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      304 47 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1.4 1.4 1.4 1.5 1.7 1.9 2.2 2.4 2.4 2.4 2.2 1.9 1.6 1.3 1.1 1.0 0.9 1.0 1.2 1.4
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