The Business Times, 13 January 1995

Microfilm: NL19765
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    9 1 BUSINESS TIMES MITA(P) 194/12/94 Fridav January 13 1995 75"
    9 words
  • 2am LATEST
    • Article
      Lock icon Dow down 1 point
      65 1 Reuter NEW YORK Blue-chip stocks were lower at mid-ses-sion yesterday as investors continued to worry about the economic crisis in Mexico. The Dow Jones industrial average was off" 1.01 points at 3,861.02 at 1 pm EST. In the broader market, declining issues led advances by a
      Reuter  -  65 words
    • Article
      Lock icon Asia takes lion's share of global capital
      52 1 Reuter ZURICH Lending by banks in the major industrialised countries to other countries rose by US$l2.9 billion (S$ 18.7 billion) to U*****.7 billion by mid-1994 from the end of 1993 with Asia continuing to attract the lion's share, the Bank for International Settlements
      Reuter  -  52 words
  • Article
    MARKET SUMMARY
    164 1 Stock market indices Thursday Change STII 2,102.36 -43.33 KLSEComp 915.24 -10.26 Nikkei 19,410.01 -138.46 Hang Seng 7,418.05 +25.30 SET Index 1,273.00 -41.35 Jakarta Comp 452.69 -8.71 CLSA China B 851.31 -9.66 Aust All Ord 1,861.9 +2.6 FTSE 100 3,033.2 -16.2 Thursday Previous lpm EST close Dow Jones 3861.02
    164 words
  • Article, Illustration
    Lock icon Regional currencies head south — down Mexico way
    527 1  - Regional currencies head south down Mexico way By Paul Leo SINGAPORE Regional currencies tumbled against the US dollar yesterday, despite assurances that there will be no Mexican-style devaluation in this part of the world. "All the fund managers are buying US dollar against every Asean currency," a dealer said. Trading
    Source: Bloomberg  -  527 words
  • Article
    Funds quit Asian markets as peso fallout spreads
    330 1  -  Singapore bourse also hit by selling of property stocks By R Sivanithy SINGAPORE Confidence in Asian markets ebbed significantly yesterday as a result of severe losses sustained by foreign funds in Mexico and other Latin American markets. Analysts said the sudden devaluation
    330 words
  • Article
    KL plans caning for stock market offences
    274 1  -  From Ho Kay Tat FINANCE Minister Anwar Ibrahim said yesterday that the Malaysian government was working on a proposal to introduce mandatory whipping for stock market offences such as insider trading, market manipulation and giving misleading information to investors. The proposals arc being
    274 words
  • Article
    COE prices for February expected to fall again
    455 1  -  By Ramesh Divyanathan SINGAPORE Certificate of Entitlement (COE) prices are expected to fall again in February, but the drop may be smaller than last month's sharp correction or so goes the market talk. January COEs plunged by between $7,000 and $45,5(X) compared
    455 words
  • Article, Illustration
    Independent panel recommends $1.6 m annual salary for S'pore PM
    780 1  -  By Chuang Peck Ming SINGAPORE The independent panel set up to look into the prime minister's salary benchmark has said that it is "comfortable with recommending" that the benchmark be raised to about $1.6 million a year. The panel, headed
    780 words
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      103 1 I i- 1 Etonic GROUND CONTROL Technology Innovation Performance CONTENTS I SpweNews 2 Regional News 3,4.6 Financial 20.21 World News 8.9 Featam Markets Analysis lb Clob/ KLSJ. SES 24 26 Edrtofial 14 Regional 22 Sports 10 Wort) 23 IV/litestjte 13 Currencies 20 MttHstn 11 Simex/Commo 20.21 Subscription Tel **********7 fa>
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      21 1 Advertising: Pg n 1 ot JL k> Telecom's IDD success Derivatives trading: Bank Negara sets guidelines for M'sian banks, Pg 3
      21 words
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      Page 1 Advertisements Column 3
      27 1 Hock Lock Siew: Pg 17 Bargain pickings Mexico's lesson, Pg 14 Global investors scrutinising statistics, Pg 16 URA auction: Prices up slightly on second day, Pg 2
      27 words
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      Page 1 Advertisements Column 4
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Sea cargo volume growth slows
        315 2  -  By Rahita Elias GROWTH in sea cargo volume slowed in October. The port handled 25.2 million tonnes of cargo for a year-on-year increase of 8 per cent. This was two percentage points below the September rate of growth and eight percentage points lower than August.
        Source: PSA  -  315 words
    • Article, Illustration
      Prices for landed-unit sites up slightly on second auction day
      523 2  -  By Abdul Hadhi LANDED units seem more likely to hold their own amid the general softening of prices in the private residential market, judging from bids at the Urban Redevelopment Authority (URA) auction yesterday. Bids yesterday for 99-year leasehold sites
      523 words
    • Article
      Five schools get Compaq computers worth $200,000
      215 2 US-BASED computer-maker Compaq Computer yesterday donated over $200,000 worth of computers to five local schools to mark the launch of its Education Programme. The recipients were the An-glo-Chinese School, Henry Park Primary, Nanyang Girls, Raffles Institution and Singapore Chinese Girls. Compaq is also
      215 words
    • Article
      Tradecraft Commodities wound up
      343 2  -  By Quak Hiang Whai A COMMODITIES trader alleged to have owed creditors at least a million dollars has been wound up. Tradecraft Commodities, a company which was still profitable in 1992, was wound up by the High Court yesterday after a successful petition by one of
      343 words
    • Article
      Some businesses get later date for tax returns
      423 2  -  By Soh Tiang Keng PARTNERSHIPS, sole proprietorships, clubs and associations have been given a 46day extension to submit their tax returns. From this year on, their statutory deadline for submission will be April 15. Previously, an internal regulation of the Inland Revenue
      423 words
    • Article
      Sing $ over-valued, further rise will hit exports: NTU lecturer
      423 2  - Sing over-valued, further rise will hit exports: NTU lecturer By Paul Leo THE Singapore dollar is overvalued and further appreciation would hurt export competitiveness, making the econonty vulnerable to a fall in fpffign demand, a Nanyang Technological University lecturer said yesterday. Presenting his findings at the National University of Singapore
      423 words
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      205 2 PI K Ik CROP*^ ADVERTISE YOUR JOB OPENINGS in the APPOINTMENTS' columns Bored With The Usual Family Lunch? Try A Of The Unusual This Weekend. World renowned for its exotic flavour and cosy south-seas ambience, Trader Vic's is proud to present an exciting new Weekend Lunch Menu for the entire
      205 words
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      19 2 rrgjifgj PORT SHOTS The ,ates ,n sea air and ,anci trans P ortation Shipping Times Monday to Friday. Businesslimes
      19 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      KL banks get first directive on prudent derivatives trading
      606 3  -  From Ho Kay Tat in KUALA LUMPUR BANK NEGARA yesterday said it would allow banks to trade only in interest rate and currency-related derivatives for customers with an underlying commercial reason to hedge. In the first of what will be a
      606 words
    • Article
      Lock icon KL defends need to impose import curbs
      268 3 Singapore-Malaysia petrochemical dispute Bernama KUALA LUMPUR International Trade and Industry Minister Rafidah Aziz said yesterday the Malaysian government is prepared to defend its imposition of a licensing requirement for the import of certain petrochemical products. In a statement, she said Malaysia would defend
      Bernama  -  268 words
    • Article
      Lock icon EU to develop strong commercial ties with Asean
      307 3 AFP KUALA LUMPUR The European Union is developing its commercial ties with Asean to end a long history of lost opportunities in the region. "We need Asean business as much as the rest of the world, maybe more," said Gwyn Morgan, head
      AFP  -  307 words
    • Article
      Lock icon Giant Viet insurer to get taste of market competition
      306 3 AFP HANOI Vietnam's giant state-run insurance monopoly Bao Viet will get its first taste of market competition this year, possibly even from foreign firms, the company chairman was quoted as saying. Truong Moc Lam's comments follow a 1993 liberalisation of the
      AFP  -  306 words
    • Article
      Lock icon Clarke warns Hanoi not to protect capital markets
      195 3 Reuter HO CHI MINH CITY British Chancellor of the Exchequer Kenneth Clarke yesterday warned communist Vietnam against protectionism as it develops its first capital markets. He also advised government ministers to develop a stock exchange urgently, he said after two days of
      Reuter  -  195 words
    • NOTE BOOK
      • Article
        Lock icon Pahang Sultan to contest land suit
        114 3 Bernama KUALA LUMPUR The Sultan of Pahang. who is being sued by Singaporean businesswoman Faridah Begum Abdullah over a piece of land, has given notice to the Special Court registry here that he will contest the suit. The documents were filed at the court
        Bernama  -  114 words
      • Article, Illustration
        Lock icon Pope arrives in Manila
        57 3 Reuter MANILA Pope John Paul II waving to well-wishers from the Popemobile during a motorcade from the airport to his residence after his arrival in the Philippine capital yesterday. More than a million people lined the roads to welcome the Pontiff, who is here on the
        Reuter  -  57 words
      • Article
        Lock icon Investment pledges to Vietnam up
        63 3 AFP HANOI Foreign direct investment pledged to Vietnam rose 50 per cent in 1994 to US$4.O4 billion (SSS.B billion). The Vietnam Economic Times yesterday said U552.69 billion was committed in 1993, and that 1994's figures brought the total committed since 1988 to more than US$ll
        AFP  -  63 words
      • Article
        Lock icon Japanese finance minister in KL
        38 3 AFP KUALA LUMPUR Japanese Finance Minister Masayoshi Takemura arrived here yesterday for a four-day visit that is expected to focus on trade issues as well as the rising value of the yen. AFP
        AFP  -  38 words
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      65 words
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  • CHINA /HONGKONG /TAIWAN
    • Article, Illustration
      Lock icon Picture of ailing Deng again sparks speculation
      404 4 AFP SHANGHAI A Shanghai newspaper yesterday was the sole major daily in China to carry the first updated picture of leader Deng Xiaoping in nearly a year, in a move seen by diplomats as rich in political implications. "Xiaoping is in good health,"
      AFP; Reuter  -  404 words
    • Article
      Lock icon No concessions if copyright row leads to trade war: China
      471 4 AFP BEIJING China yesterday warned the United States that it would make "no concessions" in the event of a trade war over intellectual property rights (IPR), but voiced hopes that upcoming talks on the issue would bear fruit. Negotiations on
      AFP  -  471 words
    • Article
      Lock icon Special Chinese funds to invest in state firms
      277 4 Bloomberg Business News BEIJING China set up special funds to invest in its struggling state enterprises last year, although the private sector continued to drive the nation's economy. The official China Daily yesterday reported that by the end of November, 41.4 per
      Bloomberg Business News  -  277 words
    • Article
      Lock icon Beijing cool to Jardines' apology
      214 4 AP BhIJING China responded unenthusiastically yesterday to an apology from Hongkong's oldest colonial trading house for misunderstandings resulting from its decision to move to Singapore. Asked if China was satisfied with the apology on Tuesday by Alasdair G Morrison, managing director of Jardine Matheson Holdings
      AP  -  214 words
    • Article
      Lock icon Taiwan to relax rules on capital flows of over US$1m
      362 4 Reuter TAIPEI Taiwan plans to revise rules on capital flows, shortening the period of approval for each lump sum greater than US$l million (S$ 1.4 million) entering or leav ing the island. After the rules are relaxed, any individual or
      Reuter  -  362 words
    • Article
      Lock icon Lydia Dunn settles libel suit against bank chief
      234 4 Bloomberg Business News HONGKONG Lydia Dunn, executive director of Swire Pacific Ltd, has settled a libel action against the chief executive officer of Bank of East Asia Ltd, David Li, after receiving HKSSI.OOO (559,560) in damages plus legal costs. Lady Dunn sued
      Bloomberg Business News  -  234 words
    • CHINA WATCH
      • Article
        Lock icon HK airport fund request next week
        110 4 Reuter HONGKONG Legislators will be asked next week to advance HKSS.2 billion (***** million) of funds to the Provisional Airport Authority so that it can proceed with construction of Hongkong's new international airport at Chek Lap Kok. A total of HKS2.B2 billion will be
        Reuter  -  110 words
      • Article
        Lock icon China telecoms turnover surges 52%
        72 4 AFP BEIJING Turnover in China's posts and telecommunications sector soared 52 per cent in 1994 over the previous year to 69.3 billion yuan (Ssl 1.8 billion), the minister responsible said yesterday. New telephone subscribers broke through the 10-million barrier for the first time last year
        AFP  -  72 words
      • Article
        Lock icon Sichuan acts to curb inflation
        90 4 Bloomberg Business News HONGKONG China's most populous province, Sichuan, has announced measures to curb inflation after retail prices rose a record 23 per cent in 1994. the Beijing-controlled China News Service reported yesterday. Sichuan plans to cut the retail inflation rate to 13 per cent
        Bloomberg Business News  -  90 words
      • Article
        Lock icon Guangzhou to issue 1b-yuan bonds
        91 4 Reuter HONGKONG China's southern city of Guangzhou is planning to issue more than one billion yuan (SSI7O million) of domestic bonds to finance infrastructure and motor car projects, senior vice-mayor Wu Liang said in Hongkong yesterday. "We expect the issue to be approved by the
        Reuter  -  91 words
      • Article
        Lock icon Call for ban on elite schools in China
        64 4 Reuter BEIJING Chinese Vice-Premier Li Lanqing has called for a ban on high-priced "elite" private schools, proliferating in communist China as living standards rise, the People's Daily said yesterday. "Our attitude to the so-called 'elite schools' that have appeared in society is
        Reuter  -  64 words
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  • Page 5 Advertisements
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      149 5 T fctefr' ..USOti -^rftlfti ■*y' w v% m„ '.1 Drive the new hlfif Saab 900 Cabriolet and discover the meaning of aircraft heritage. Adhering to the finest principles from aircraft technology, the new Saab 900 Cabriolet blends surging power with remarkable smoothness. Making it a car for those who open
      149 words
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  • REST OF ASIA
    • Article
      Lock icon Aussie unemployment rate close to three-year low
      445 6 Reuter SYDNEY Australia's unemployment rate slid close to a three-year low and employment powered ahead in December, according to official data released yesterday. But economists said the nation's swelling labour market may have peaked. Australian unemployment fell to 8.9 per cent in December,
      Reuter  -  445 words
    • Article
      Lock icon Japan's electricity industry faces overload
      228 6 Reuter TOKYO Japan's surging power needs risk overloading the electricity industry in this resource-poor nation if current forecasts of a 40 per cent rise in demand by 2010 prove accurate. Analysts yesterday said they feared a government deregulation strategy to help meet the projected rise
      Reuter  -  228 words
    • Article, Illustration
      Lock icon That first big glide
      48 6 Reuter YONG PYONG, South Korea A six-year-old boy taking his first glide with the help of a relative at the ski resort here on Wednesday. Almost 10 per cent of South Koreans ski at least once a year, with more learning every year. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Keidanren chief sees slow climb out of economic doldrum
      285 6 AFP TOKYO Japan's top business leader yesterday said the country was running up against an "extremely thick wall" in trying to free its economy but warned that deregulation was inevitable to avoid economic decline. Shoichiro Toyoda, chairman of the Japan Federation
      AFP  -  285 words
    • Article
      Lock icon Rao sacks Tamil Nadu party chief for backing rebels
      225 6 AFP NEW DELHI Indian Prime Minister PV Narasimha Rao, his leadership under threat and image dented after election losses in two key states, has sacked a supporter of his chief rival in the Congress (1) party. Mr Rao, who is also
      AFP  -  225 words
    • ASIA NOTES
      • Article
        Lock icon Indian MP faces smuggling charge
        96 6 AP NEW DELHI Indian customs officials have arrested a federal legislator and accused him of involvement in smuggling computer hard disks from Singapore. The Times of India yesterday said R Sridharan, a Member of Parliament from Tamil Nadu state, was arrested on Wednesday at New
        AP  -  96 words
      • Article
        Lock icon Bangladesh export earnings up
        84 6 AFP DHAKA Bangladesh's export earnings grew by nearly 14 per cent annually in the past three years, providing additional funds to cover the country's growing imports. An official report yesterday said average annual export growth was 13.98 per cent for the three fiscal years ending in
        AFP  -  84 words
      • Article
        Lock icon Sri Lankan exports hit record
        57 6 Bernama COLOMBO Sri Lanka established an all-time record for non-traditional exports valued at about US$2.3 billion (553.3 billion) during the first nine months of 1994. Export Development Board (EDB) sources yesterday said they were confident that exports for the entire year of 1994 would exceed
        Bernama  -  57 words
      • Article
        Lock icon S Korea seeks to join OECD
        62 6 Bloomberg Business News SEOUL The South Korean government will apply for membership in the Organisation for Economic Cooperation and Development as early as next week. A Foreign Ministry official yesterday said his ministry was waiting for final approval from President Kim Young Sam to
        Bloomberg Business News  -  62 words
  • Page 6 Advertisements
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      290 words
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  • FOCUS
    • Article, Illustration
      Derivatives: a zero-sum game with leverage?
      1672 7  -  The world of derivatives By Chew Farn Chyi SINGAPORE With the volatility in world financial markets last year, the fallout from the Orange County fiasco in California and the lack of a supervisory regime in the US and the Asia-Pacific, caution is the watchword
      1,672 words
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      Page 7 Advertisements Column 2
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  • THE WORLD
    • Article, Illustration
      Lock icon US Senate's new foreign committee chief puts focus on exports
      343 8 Reuter WASHINGTON The US Senate Foreign Relations Committee reopened under Republican management on Wednesday with a stronger emphasis on US exports and a pledge of straight dealing by new chairman Jesse Helms. The accession of the conservative North Carolina Republican
      Reuter  -  343 words
    • Article
      Lock icon Investment in developing markets down 19%
      298 8 Bloomberg Business News NEW YORK Developing eountries attraeted USSI66 billion (***** billion) of investment in 1994. a 19 per eent drop from the year before as higher US interest rates reduced investors' appetite for emerging market securities, a new study said. Economic woes in
      Bloomberg Business News  -  298 words
    • Article, Illustration
      Lock icon A jumbo takes to the air
      52 8 Reuter LONDON A policeman looking on as an elephant-shaped hot air balloon was inflated near Ix>ndon's Tower Bridge on Wednesday. The balloon marks the launch of the first endangered species education resource for schools in the United Kingdom by the environmental charity group, Tusk
      Reuter  -  52 words
    • Article
      Lock icon UK plans revamp of legal aid system to curb abuse
      295 8 Reuter LONDON Britain announced plans on Wednesday for a radical overhaul of its legal aid system, which has come under increasing criticism for spending millions of pounds on the defence of apparently wealthy people. Lord Chancellor Lord Mackay, the head
      Reuter  -  295 words
    • Article
      Lock icon US lawmakers call for repeal of year-old Nafta
      235 8 Reuter WASHINGTON A group of US lawmakers called on Wednesday for the repeal of the North American Free Trade Agreement (Nafta), saying the year-old pact linking the United States, Canada and Mexico is a looming catastrophe. Peter De Fazio of Oregon, a
      Reuter  -  235 words
    • Article
      Lock icon Chocolate's fat content likely to become burning issue in EU
      294 8 Reuter LONDON Sometime in 1995, the European Union is likely to open the floodgates and allow waves of vegetable fat to be used in making chocolate. If this happens, the EU will have to decide at what point chocolate stops
      Reuter  -  294 words
    • Article
      US Commerce Secretary leads 25 corporate chiefs to India
      408 9  -  From Leon Hadar in WASHINGTON IN A SIGN of the growing economic ties between the United States and India, US Commerce Secretary Ronald Brown will lead a Presidential Business Development Mission of 25 presidents and CEOs of US firms to New
      408 words
    • Article, Illustration
      Lock icon Is that my snow-mobile?
      35 9 Reuter DAVOS, Switzerland An unidentified driver trying to locate her car under the heavy loads of snow that covered this mountain resort and major parts of south-eastern Switzerland on Wednesday. Reuter
      Reuter  -  35 words
    • WORLD WATCH
      • Article
        Lock icon German economy grew 2.8% last year
        146 9 AP BERLIN After the tough recession year of 1993, the pan-Ger-man economy grew 2.8 per cent in 1994 and has not yet peaked out, the Federal Statistics Office said yesterday. The upswing in the gross domestic product was considerably stronger than had been predicted
        AP  -  146 words
      • Article
        Lock icon Czech telecom modernisation delayed
        120 9 Reuter PRAGUE A drive to modernise the Czech Republic's telecommunications system will run into deep trouble if the search for a foreign investor is delayed much longer, a telecom official said. Some 400,000 Czechs are waiting for telephone lines to be installed and the government says
        Reuter  -  120 words
      • Article
        Lock icon Kuwait reserve fund put at US$35b
        104 9 Reuter KUWAIT Kuwait's national nest egg of overseas investments is probably worth between US$35 billion (Sssl billion) and US$39 billion, down from between US$BO billion and US$lOO billion before the Gulf war, a US embassy report said. "A current reasonable estimate of the value
        Reuter  -  104 words
      • Article
        Lock icon Panama bares plot to kill president
        94 9 AP PANAMA CITY Authorities have uncovered a plot by police officers and former military men to assassinate President Ernesto Perez Balladarcs and set up a military government, an official said on Wednesday. Raul Montenegro, Minister of Justice and Government, told a news conference at
        AP  -  94 words
      • Article
        Lock icon UK Labour leader may sue author
        98 9 Reuter LONDON A senior member of Britain's opposition Labour Party said yesterday she was consulting her lawyers over claims in a book that she had been willing to ask questions in parliament on behalf of the KGB. The book, by right-wing commmentator Brian Crozier.
        Reuter  -  98 words
    • Article
      Lock icon E European businessmen in US for trade talks
      124 9 AP CLEVELAND Delegates from across the former East Bloc have begun arriving for a White House conference on boosting trade with the US. President Bill Clinton, who is scheduled to attend the twoday meeting that began yesterday, said in his Dec 4
      AP  -  124 words
    • Article
      Lock icon Clinton persuaded Christopher to stay on: official
      306 9 AP WASHINGTON President Bill Clinton met Secretary of State Warren Christopher toward the end of last year and they agreed Mr Christopher would stay on indefinitely, according to a senior US official yesterday. The disclosure came amid a swirl of rumours that Mr
      AP  -  306 words
    • Article
      Lock icon Third former Balladur minister indicted for fraud: sources
      475 9 AFP PARIS Former industry minister Gerard Longuet has been indicted for fraud, judicial sources said yesterday, raising the chances that France's corruption epidemic could harm Prime Minister Edouard Balladur's hopes of winning upcoming presidential elections. Longuet. whose dynamism at one time seemed
      AFP  -  475 words
    • Article
      Lock icon Court postpones decision on BCCI compensation
      271 9 Reuter LUXEMBOURG A Luxembourg court yesterday postponed by a week its decision on a compensation plan for claims of the collapsed Bank of Credit and Commerce International (BCCI). "The decision has been postponed to Jan 19. ..There have been manipulations." said Luxembourg court judge
      Reuter  -  271 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      448 9 I OPPORTUNITY The fortunate few who will the Members Gallery will enjoy an enviable lifestyle. From its magnificent, colonial style clubhouse, tranquil lakes I and gently undulating green fairways, Paradise B Springs is stunning. r The immaculate course is not only picturesque, but LraU fiL", i a so very challenging
      448 words
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  • SPORTS
    • SIDE LINES
      • Article
        Lock icon KL police have evidence of soccer bribery
        102 10 Bernama KUALA TERENGGANU Police have enough evidence to prosecute several footballers for soccer bribery. Deputy InspectorGeneral of Police Samsuri Arshad said yesterday. He said police would recommend to the Attorney-General to charge the players in court. "So far. we have two to three
        Bernama  -  102 words
      • Article
        Lock icon Briton, Korean tipped to win golf title
        105 10 AP KUALA LUMPUR Former champion Sally Prosser of Britain and defending champion Won Jae Sook of South Korea will be among the favourites when 120 professionals tee off next week in the Malaysian Women's Open Golf Championship. The US$9O,OOO tournament (S$ 131.000) on
        AP  -  105 words
      • Article
        Lock icon Priest voices concern over girl wrestler
        171 10 AP ST PETERSBURG, Florida Kelly Williams has been called tenacious and tough for wrestling against boys, and beating them, in high school competition. Now a Roman Catholic priest has written a letter to Kelly's coach, calling for an end to such grappling of the
        AP  -  171 words
      • Article
        Lock icon Dallas Cowboys star set for showdown
        87 10 AP IRVING, Texas Injured running back Emmitt Smith said on Wednesday the soggy conditions of San Francisco's Candlestick Park won't worry him when he plays on Sunday in the National Football Conference title game between the Dallas Cowboys and the San Francisco 49ers. "I'm
        AP  -  87 words
      • Article
        Lock icon Scotland rugby team in shakeup
        136 10 AFP EDINBURGH Scotland's rugby union selectors made sweeping changes to the side which lost 34-10 to South Africa in November, making a total of nine changes for the match against Canada on Jan 21 here on Wednesday. In one of the most radical shake-ups of
        AFP  -  136 words
    • Article, Illustration
      Lock icon Sampras drawn in toughest half of Australian Open
      395 10 AFP MELBOURNE Defending champion Pete Sampras faces the prospect of meeting Jim Courier or Michael Stich in the quarter-finals and Goran Ivanisevic or Michael Chang in the semi-finals in the Australian tennis Open. In the men's draw released here yesterday, Sampras appeared
      AFP; Reuter  -  395 words
    • Article, Illustration
      Lock icon Trials open with battle of the sexes
      605 10 America's Cup AP SAN DIEGO The trials for the 1995 America's Cup open on Thursday with a battle of the sexes between America3's historic women's team and Mr America's Cup himself, Dennis Conner. Only a handful of women have ever sailed in the
      AP; Reuter  -  605 words
    • SCORE CARD
      • Article, Illustration
        Basketball
        227 10 NEW YORK NBA on Wednes-. day: Boston 100 Indiana 97; Charlotte 100 Minnesota 91; Orlando 124 Detroit 107; Philadelphia 77 Chicago 115; Dallas 98 LA Clippers 93; Houston 108 Miami 97; Milwaukee 97 Sacramento 88; Utah 114 Denver 88; Portland 104 Golden State 92; LA Lakers 108 Phoenix 118.
        227 words
      • Article, Illustration
        Rugby
        43 10 EDINBURGH Scotland side for the match attains! Canada on Jan 21: C.avin Hastings (capt): Craig Joiner. Gregor Townsend. Lan Jardine. Ken Logan; Craig Chalmers. Bryan Rcdpath; Alan Sharp. Kenny Milne. Peter Wright. Damian Cronin. Stewart Campbell. Rob Wainwright. Eric Peters, lain Morrison.
        43 words
      • Article, Illustration
        Soccer
        35 10 IjONDON English !>eague Cup quarter-finals on Wednesday: Bolton 1 Norwich 0; Crystal Palace 4 Manchester City 0; Liverpool I Arsenal 0; Swindon 3 Millwall I. Semi-final draw: Liverpool v Crystal Palace: Swindon v Bolton.
        35 words
      • Article, Illustration
        Tennis
        150 10 MELBOURNE Colonial < lassie eight-man exhibition event jesterday Semi-final: Michacl Chang (US) b Boris Becker (Gcr) 4-6 6-4 7-6 (7-3). Consolation pool: Michael Stich (Ger) b Wally Masur (Ausl) 6-3 6-2. SYDNEY U*****,000 (*****,500) New South Wales Open yesterday Men's Q-finals: Renzo Furlan (Ita) b Jamie Morgan (Aust) 6-4
        150 words
      • Article, Illustration
        Golf
        53 10 WELLINGTON, New Zealand US$l5O,OOO (S$ 140,600) New Zealand Open Ist rd yesterday: 66 Mike llarwood (Aust) 67 Stuart Dcanc (Aust) 69 Jeff Wagner (Aust), Craig Jones (Aust). David Smail (NZ) 70 Michacl Campbell (NZ), Doug Dunakcy (US). Andrew Marsh (Aust). Jason Dawes (Aust). Grant Moorhead (Aust). Robert Farley (Aust).
        53 words
    • Article, Illustration
      Lock icon LPGA's Tournament of Champions spared wind and chill
      346 10 Golf AP ORLANDO, Florida When the best of women's golf teed off yesterday in the US$700,000 (SSI million) Ladies Professional Golf Association Tournament of Champions, the wind was a distant memory. Eighteen of the LPGA's top 20 money winners in 1994, including
      AP  -  346 words
    • Article
      Lock icon Japan modifies boat extensively in hopes of winning premier prize
      592 10 AFP SAN DIEGO Makato Namba speaks of the future while looking back. "Three years ago, the America's Cup was schooling for us," says Japan's leading sailor. 'We did well in the early races and not so well later when it
      AFP  -  592 words
    • Article
      Lock icon Millions of dollars hang on oddsmakers' skills in sports betting
      423 10 Bloomberg Business News STATELINE, Nevada Like an influential Wall Street analyst, a Nevada oddsmakcr issues opinions that can make or lose millions. Instead of making buy, sell and hold recommendations, an oddsmaker uses computers, inside information and a measure of
      Bloomberg Business News  -  423 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      269 10 INFiiiline In English Number Horoscopes (Daily) 8450 The Capricorn Woman; Win Prizes! Entertainment News 8451 New: The Latest In Music Scene Ghost Stories 8452 Preserved Killed Underserved; Win Prizes! Children's Funland 8453 Kids Wiz Face Facts 8454 Cheeks Cheekbones Dreamland 8455 Forgetfullness; Fandi Ahmads Mental Picture Chinese Almanac (Daily) 8456
      269 words
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  • ADVERTISING & MARKETING
    • Article
      Telecom's IDD campaign a success
      263 11  -  More than 70.000 subscribers signed up for the service during the three months. Arti Murli Mulchand reports Arti Murli Mulchand Subscription to Singapore Telecom's international direct dialling service jumped a near 18 per cent in three months to almost 43 per cent ot all subscribers,
      263 words
    • COPY LINES
      • Article
        Hermes ad wins top prize
        64 11 SINGAPORE Luxury products retailer Hermes' 1994 ad campaign has won the best advertising campaign prize under the clothing/textile accessories category. The award was presented by the Association pour la Promotion de la Presse magazine. Since its founding in 1837, Hermes has progressed from making harnesses
        64 words
      • Article
        Chinese love Coke, Sprite
        78 11 SINGAPORE Coke is it, and so is Sprite, say China's soft drink fans. According to F&N Coca-Cola, which bottles the two drinks, independent Chinese surveys reveal that the two brands came up tops again last year. In other categories, consumers voted Zhonghua toothpaste as their favourite
        78 words
      • Article
        Honour for Batey's Mercedes ad
        77 11 SINGAPORE Come February. Batey's Mercedes Benz print campaign will be honoured at this year's Mobius Awards in Chicago. The "In Germany we chase the police" ad picked up the Best Single Print Advertisement award in the automotive category, while the rest of the campaign garnered
        77 words
      • Article
        Ad Grand gets $4.5 m in new accounts
        61 11 SINGAPORE Local ad agency. Ad Grand, has just acquired over $4.5 million worth of new accounts in the new year. They are NTUC Health Care Pharmacy. Anderson's Nuts, Oki Electronics, Da Vinci, and Coop International. The agency says it is also poised
        61 words
      • Article
        Lock icon Pepsi, Starbucks pick Hal Riney
        91 11 NYT NEW YORK The Pepsi-Cola Co in Somers, New York, and Starbucks Coffee Co in Seattle said on Monday that they had picked Hal Riney Partners in San Francisco as the first agency to handle advertising for their new Pepsi-Starbucks Coffee Partnership, which will begin
        NYT  -  91 words
      • Article
        Lock icon Marketing Sony's video game system
        151 11 NYT NEW YORK Sony Corps Sony Computer Entertainment of America division said on Monday that it has begun a review on its account to create advertising for a new video game system that will compcte with those marketed by Nintendo and Sega. The billings are
        NYT  -  151 words
    • Article
      Lock icon TV holdings expected to boost US newspapers' profits
      314 11 Reuter American newspaper companies, especially those with local television stations, shrugged off higher newsprint prices in the fourth quarter and are expected in coming weeks to report strong year-end profit gains. "You will see profit increases in the high-teens to 20 per
      Reuter  -  314 words
    • Article, Illustration
      Lock icon Saatchi & Saatchi prepares to strike back
      1146 11 Saatchi Saatchi prepares to strike back Stuart Elliott on the effects of Maurice Saatchi's announcement that he is forming a new agency NYT EIGHT days after Maurice Saatchi's ouster as chairman of Saatchi Saatchi led him to quit the world's filth-largest agency company in anger, the British advertising executive is
      NYT  -  1,146 words
    • Article
      Lock icon £1 million secret loan binds Tory party to Saatchi: report
      247 11 AFP BRITAIN'S ruling Conservative Party cannot move its account from Saatchi and Saatchi without repaying a secret £1 million (552.2 million dollar) loan to the company, said a report in yesterday Financial Times. The loan is said to represent the
      AFP  -  247 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      13 11 I TOTAL WORTH $343.70 HOYA FLORA HAMPERS APPOINTMENTS ADVERTISEMENTS ATTRACT THE RIGHT CANDIDATE
      13 words
    • Advertisement
      Page 11 Advertisements Column 2
      146 11 Hi, NEW ZEALAND Expressions of interest are invited before 31 January, 1995 Emst Young announce on behalf of ASB Bank Limited the sale of the banks property on the comer of Queen Wellesley Streets. Auckland. New Zealand. The building is located in the heart of the Central Business District and
      146 words
    • Advertisement
      Page 11 Advertisements Column 3
      147 11 iprr>2l #1 OFFSHORE I company specialists I With a worldwide team of 125 multi-disciplined I professionals and a network of international I offices, OCRA provides confidential and cost I effective company formation in all the major low I tax areas including: H BRITISH VIRGIN ISLANDS BAHAMAS IRELAND B WESTERN SAMOA
      147 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      951 12 Nothing WHERE TO WINE, DINE AND ENTERTAIN OF ip/uefiu/y eka- at*#' Why not make your next corporate function a mix of business and pleasure? Hold it at our corporate room in Singsation. Singapore's first theme karaoke lounge at the Plaza Hotel. osG*f+T(t/ Plaza Hotel JJ.I 1 fill 111 ■r«wtw°m<n •*>»'
      951 words
    • Advertisement
      Page 12 Advertisements Column 2
      293 12 Celebrating Fish Lot 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. "Em snapper, sea bass... if Mean be caught, it can be cooked. And we know all the delicious ways. Continental or Oriental
      293 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Collected pieces from a passionate life
      915 13  -  Nureyev's belongings, which were auctioned by Christie's this week, reveal a man of grand sensibility, says Elizabeth Kaye Elizabeth Kaye NYT FOR several months in 1990, while researching an article on Rudolf Nureyev, I found myself, memo book in hand, in the daunting presence
      NYT; AFP  -  915 words
    • Article, Illustration
      Lock icon Keanu Reeves' Hamlet stays on stage
      465 13 CHATTERBOX AP AP UPI Reuter NYT THE manager for Keanu Reeves has refused to allow the actor's stage performance of Hamlet to be taped for television. Reeves, star of last year's hit movie Speed, plays the Shakespearean role at the Manitoba Theatre Centre, in
      AP; UPI; Reuter; NYT  -  465 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      297 13 WHERE TO WINE, DINE AND ENTERTAIN t (Eatntljtll js>teafe use Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1150+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 KARAOKE: It's Performance Time
      297 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1071 13 TV RADIO ■'I'liHiHM MP 1 1 Joshua Tree, Bpm, Ch 5 P?^ Dolph Lundgrcn a race driver who likes to irafTiek exotic ears. Except he gets V framed for murder. Me cs- capes, steals a car and tries kidthe owner, who happens to be the k deputy shcrifT. 1992 movie.
      1,071 words
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  • Article
    Jakarta earns its stripes
    509 14 EDITORIAL LEAVING aside the current swirl of rumours about a devaluation of the rupiah a la the Mexican peso, the Indonesian budget released last week reaffirmed once again to the international financial community that prudence remains the top priority of President Suharto's government in steering the
    509 words
  • WHAT THE OTHERS SAY
    • Article
      Pushing for peace in Sri Lanka
      195 14 NOT UNTIL the Pope's Jan 20 visit to Sri Lanka is over will it be clear whether the present truce between government forces and the Liberation Tigers of Tamil Eelam is only "a trial round and a confidence-building measure", as President Chandrika Kumaratunga puts
      195 words
    • Article
      Use as avenue of last resort
      135 14 WITH THE SETTING-UP of a family court soon, it is hoped that family-related matters will be heard and tried in a more cordial manner, rather than in full-blown legal battle. Singapore can learn from the experience of similar courts in the United States, Australia
      135 words
    • Article
      Compete for foreign investments
      135 14 PRIME MINISTER Goh Chok Tong's four-day visit to India not only strengthened bilateral ties but also explored new grounds for economic cooperation. During the visit, Indian Prime Minister Narasimha Rao assured him that the Indian government would not slow down economic reforms despite pressure within the
      135 words
    • Article
      Books collecting dust
      176 14 OVER THE YEARS, the problems besetting Dewan Bahasa dan Pustaka (DBP) have stacked up the way its unsold books have been piling up in its warehouse, some of them going as far back as 1988. Books worth Mss2 million have been left unsold, says its directorgeneral, the
      176 words
    • Article
      Worrying drug abuse
      164 14 THE CRIME FIGURES for 1994 announced by the police yesterday make welcome reading. Bank robberies slumped and robberies involving firearms were down to about a third of the level of 1991. Hongkong's crime rate, the police say, is slight lower than that of Singapore, although the territory
      164 words
  • Article, Illustration
    Lock icon Mexico's lesson: don't depend on foreign investors' kindness
    853 14  -  Economists say overly optimistic Mexico played a risky economic management game, which resulted in the collapse of the peso. Peter Passell reports Peter Passell NYT TO JUDGE by the press reviews. Mexico's economic reformers did everything right. Why then did the peso
    NYT; Reuter  -  853 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      95 14 "tn <->v< Mk m •■nir' > »i« j Asia s corporate giants Telecom's bold push Competition is looming as the biggest threat and challenge for Singapore Telecom globally and domestically. In the international arena, more and more companies are racing for telecommunications licences which are getting scarcer. And, at home,
      95 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      65 14 \tn -TRKtNG yy>e\ \yJv4OA ONe«3 L£AV£ DOONESBURY GARRY TRUDEAU N SUCH A fBCUJTf, MB SOUNPS IHAV£AV&OH~-I luf KAAANPWCJPUNeEACH rMONLM OFHJtiu--tfAHA6&>, *U£9-miENVIRON- RCAU-Y n MYQHJN ?4ASM£U. fl, If i AGesfOßSooerv* V Sl wou? z C lTi 3kSS^IeS rvBAUUK*6OHeUHe*e. I THOUGHT I COUP CV7># BUT MO9T IkVOUANT, H LOKPS MXK-SAMOA, TteHaMYJ* *t
      65 words
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  • ANALYSIS
    • Article, Illustration
      China: on track, but a tricky road ahead
      2072 15  -  Peter Seidlitz interviews Pieter P Bottelier, World Bank head in Beijing, who expresses satisfaction with China's economic reforms to date but warns that a second stage now confronts Beijing which will be 'technically, politically and socially' more difficult to manage Peter Seidlitz
      2,072 words
    • Article
      Lock icon Thwarted talent hampers Japan's new media age
      705 15  -  The technology is there and so are the sponsors, but there just aren't enough programmes to screen, finds Sebastian Monett Sebastian Moffett Reuter PLANS for a multichannel television future are making Japan ask: what is going to run on it? The question is
      Reuter  -  705 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      202 15 Apollo Suite Apartment An Enviable Address For A Home Away From Home. If you appreciate what goes into a comfortable home, you'll appreciate what suite apartment should be like. A touch of casual elegance. Impeccable design and a personal touch to convey the atmosphere of "A Home Away From Home".
      202 words
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      Page 15 Advertisements Column 2
      14 15 Peter Seidlitz is the Beijing-based correspondent for Handelsblatt, the German financial and business newspaper
      14 words
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  • Article, Illustration
    Lock icon Friendly US-Japan summit puts ties on new plane
    572 16  -  From Leon Hadar in WASHINGTON US AND Japanese leaders met on Wednesday in Washington for what was described by their advisers as a "friendly" summit, with President Bill Clinton later describing Japan as an "unwavering friend". The two sides reaffirmed their commitment
    Reuter  -  572 words
  • Article
    Lock icon Bidding war for US airwave licences accelerates
    308 16 Bloomberg Business News WASHINGTON The bidding war has accelerated in the government's auction of the airwaves, when high bids for licences to oiler wireless phone services in New York and Los Angeles jumped by US$3O million (5543.5 million) each. High bids for all
    Bloomberg Business News  -  308 words
  • Article, Illustration
    Getting the trade accords signed was the easy part
    735 16  -  The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent LAST YEAR saw the signing of no fewer than three potentially epoch-making international trade agreements the Gatt Uruguay Round, the Apec trade and investment liberalisation accord and the
    735 words
  • Article
    Lock icon KL to relocate zoo, develop resort surrounding it
    295 16 MBT, Bernama SHAH ALAM The Zoo Ncgara in Hulu Klang will be relocated to a 1,000-hectare site in Batang Kali. Mentri Besar Muhammad Haji Muhamad Taib yesterday said 200 hectares would be reserved for the zoo and the remaining 800 hectares would
    MBT,; Bernama  -  295 words
  • Article
    Lock icon Cement shortage could slow down M'sian building boom
    298 16 Reuter KUALA LUMPUR Malaysia is facing a cement shortage that could hurt the booming construction industry, a senior industry official said yesterday. Cement manufacturing capacity is hovering just above projected demand this year, and unexpected plant shutdowns or a demand surge could
    Reuter  -  298 words
  • Article
    Lock icon Mexico crisis prompts investors to scrutinise deficits, currencies in emerging markets
    626 16 Reuter LONDON Global investors are scrutinising statistics on nations' current account and budget deficits and closely watching currencies in emerging markets, having felt the disastrous effect of ignoring their misgivings in Mexico. Investment-fund managers say they always did look
    Reuter  -  626 words
  • Article
    Lock icon Indon private satellite operator may seek foreign partner
    179 16 AFP JAKARTA Indonesia's private telecommunications operator PT Satelit Palapa Indonesia (Satclindo) is negotiating to sell a stake in the company to one of four foreign telephone companies. Company spokesman liddy Thoyib yesterday said it was "in negotiations" with the French state telephone
    AFP  -  179 words
  • Article
    Lock icon Singapore, Japan to explore joint investment in Asia
    184 16 Reuter SINGAPORE Singapore and Japan will explore ways to invest together in China, India, Indonesia and Vietnam. Japan's visiting deputy viceminister for international affairs in the Ministry of Finance, Haruo Funabashi, yesterday said the topic was discussed during talks between Japanese Finance
    Reuter  -  184 words
  • Article
    Lock icon Italian president to name Berlusconi's successor
    413 16 AFP AP ROME Italians were waiting with bated breath yesterday for President Oscar Luigi Scalfaro to reveal who he would name as prime minister to resolve weeks of political conflict sparked by last month's resignation of Silvio Berlusconi. Having consulted leading players in the
    AFP; AP  -  413 words
  • Page 16 Advertisements
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        49 17 Mixed Market Mtxtd' indicates the likely trading sentiment today, based on brokers polled at 5-6 pm yesterday. Cher night events may alter sentiment. Brokers polled. Alliance. Baring. Daiwa. Fraser. G'A Cioh. Kay Hian. Morgan Grenfell. OngCo. Somura. Phillip. Smith Sew Court. W'/ Carr and SG H 'arburg.
        49 words
      • Article, Illustration
        HOT STOCK
        147 17 TECHNOLOGY Resources Industries is deeply oversold but investors are advised to wait for confirmation that the bearish trend has changed before jumping in. At yesterday's close of 53.70, daily Relative Strength Index is at zero, indicating a deeply oversold situation. Weekly and monthly RSIs and stochastics are below
        147 words
    • Article, Illustration
      SM Summit offers 48.8 m shares in year's first IPO
      505 17  -  By Ven Sreenivasan SINGAPORE Compact disc (CD) maker SM Summit Holdings yesterday became the first company to go public here this year with a Sesdaq initial public offering (IPO) of 48.8 million new and vendor shares. The shares, which are
      505 words
    • Article, Illustration
      Lock icon KL corporate profits expected to rise 26% this year
      387 17 AFP KUALA LUMPUR Malaysian corporate earnings, which rose 28.9 per cent last year, are set to rise by another 26 per cent this year to underpin the local bourse, the Malaysian Investors Association (MIA) said in a report released yesterday. "The
      AFP  -  387 words
    • Article
      There are pickings among timber stocks
      824 17  -  By Amy Balan SINGAPORE Is Malaysia's Securities Commission failing to see the wood for the trees? When it comes to timber deals, critics seem to think so. But then again, following the highly successful reverse takeovers of Aokam Perdana Bhd and Ekran Bhd a
      824 words
    • Article
      Telecom raises capital of mobile phone, paging firms
      258 17  -  By Genevieve Cua SINGAPORE Singapore Telecom has raised the paidup capital of companies it set up last year for its mobile phone and paging businesses. The paid-up capital of Mobile Link has been raised from S2 to $50 million and that of
      258 words
    • Article
      Lock icon Land & General in deal to buy 87% stake in PCSB
      189 17 Land General in deal to buy 87% stake in PCSB Bernama KUALA LUMPUR Land and General Bhd has entered into an agreement with Perbadanan Kcmajuan Ekonomi Negeri Perlis for the proposed acquisition of an 87 per cent equity interest in Periis Consolidated Sdn Bhd (PCSB). The acquisition, comprising 19.19 million
      Bernama  -  189 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          National Kap names director
          30 18 SINGAPORE National Kap Ltd said it had appointed Wong Kok Siew as non-executive director of the company and Chong Phit Lian as his alternate from yesterday.
          30 words
        • Article
          Foreigners hold 39% of OUB
          37 18 SINGAPORE The percentage of foreign shareholding in the issued share capital of Overseas Union Bank Ltd was 39.47 per cent on Dec 31, and 19.97 per cent for Overseas Union Trust Ltd.
          37 words
        • Article
          HBM Print buys into CEPL
          49 18 SINGAPORE HBM Print Ltd has bought one ordinary share of $1 in the share capital of Call Electro-Mart Pte Ltd, which has an authorised capital of $100,000 and paid-up capital of $3. CEPL will engage in the business of wholesaling and retailing telecommunications products.
          49 words
        • Article
          Lock icon Nam Fatt forms foreign vehicle
          64 18 Bernama KUALA LUMPUR Nam Fatt Bhd said it had incorporated a wholly owned subsidiary in the British Virgin Islands, to be used as its investment holding company for foreign investments and joint ventures. The subsidiary. Nam Fatt Investments (Hongkong) Ltd, has authorised capital of US$5O,OOO
          Bernama  -  64 words
        • Article
          Lock icon Chew Piau lifting LH Capital stake
          65 18 Reuter KUALA LUMPUR Malaysian engineering group Chew Piau Bhd has proposed raising its stake in leasing firm LH Capital Sdn Bhd to 51 per cent by acquiring an additional 484,000 shares in LH Capital for Msl.7 million cash (*****,000). Chew Piau already owns 40
          Reuter  -  65 words
      • Article
        Lock icon Allied Bank to the rescue of Co-operative Central
        223 18 Bernama KUALA LUMPUR Allied Bank (M) Bhd, a subsidiary of Phileo Allied Bhd, has assumed the assets and liabilities of the Co-operative Central Bank Ltd (CCB), effective Jan 1. These comprised properties, customer accounts, security as well as outstandings under credit facilities
        Bernama  -  223 words
      • Article
        Indonesia's Astra denies losing US$40m on derivatives
        500 18  -  From Leslie Lopez in JAKARTA AUTOMOTIVE giant PT Astra International yesterday dismissed mounting market speculation that it had become the latest Indonesian business to incur huge losses from derivatives trading in recent months. A senior Astra official said rumours about losses amounting to
        500 words
      • Article, Illustration
        Italthai submits US$3b airport plan for Clark
        245 18  -  From Al Labita in MANILA ONE of Thailand's biggest companies submitted a proposal yesterday to convert the former US Clark airbase into a world-class airport for US$3 billion (554.5 billion). The proposal by ItalianThai Development Public Co (Italthai) was drawn up by its
        245 words
      • Article
        Lock icon MRCB plans to sell 5% stake in power firm
        167 18 Bernama KUALA LUMPUR Malaysian Resources Corporation Bhd yesterday proposed to divest 5 per cent equity interest in Segari Energy Ventures Sdn Bhd (SEV) to the Employees Provident Fund, reducing its shareholding in SEV to 23 per cent. SEV is a company
        Bernama  -  167 words
      • Article
        Lock icon MBM Resources intends to move into car financing business
        507 18 Bemama KUALA LUMPUR MBM Resources Bhd, a group which is involved in automotive distribution and precision metal manufacturing, plans to acquire a finance company to serve potential buyers of Daihatsu and Kancil vehicles. Chairman Ahmad Azizuddin bin Haji Zainal Abidin said
        Bemama  -  507 words
      • Article
        Lock icon KL banks look at ATM share application systems
        261 18 MBT KUALA LUMPUR The Association of Banks in Malaysia's technical committee is evaluating computer systems to be used for share applications through bank automated teller machines (ATMs). ABM president Ismail Zakaria said the technical committee is working out the details and features
        MBT  -  261 words
      • Article
        Lock icon Renong plans major projects in Pahang with state govt
        271 18 New Straits Times KUALA LUMPUR Renong Bhd will undertake several projeets in Pahang this year, including those in the ceramics, tourism, infrastructure and transportation industries. Mentri Besar Mohd Khalil Vaakob yesterday said the state government and Renong had formed a joint
        New Straits Times  -  271 words
      • Article
        Lock icon Hicom, Gamuda in venture to build township
        308 18 MBT KUALA LUMPUR Tunas Prestasi Sdn Bhd, a joint venture between Hicom Holdings Bhd subsidiary Horsedalc Development and Gamuda Bhd, is developing a new township in Shah Alam valued at more than M 53.5 billion (551.99 billion). The developer is confident that the
        MBT  -  308 words
      • Article
        Untitled
        920 18 Payment Ex Books Pay dale close date AISB SO* b 3 Jan 6 Jan 20 Jan 27 Asia Pacific F 20N Feb 6 Feb 10 Feb 22 Avimo 20* F I2.5TE Mar I Mar 7 Apr 15 Bcrjaya Group F 6 Dec 12 Dec 27 Jan 26 Cam Mcch 10*
        920 words
      • Article
        Lock icon Brierley wants premium for stake in NZ newspaper group
        357 19 Reuter WELLINGTON Brierley Investments Ltd wants a premium of around NZ$2 (S$ 1.87) per share for the approximately 28 million shares, or 28.8 per cent, it holds in New Zealand newspaper group Wilson and Horton Ltd. W&H corporate affairs manager Matthew
        Reuter  -  357 words
      • Article, Illustration
        Lock icon Japan's FSX arrives
        54 19 Reuter NAGOYA, Japan The first prototype of Japan's new single-seat fighter bomber, the FSX, was rolled out at Mitsubishi Heavy Industries Nagoya plant yesterday. The new aircraft was built by Mitsubishi 4nd LockHeW Fort Worth Company following a seven-year project with the United States marred by delays
        Reuter  -  54 words
      • Article
        Lock icon Lockheed-Martin Marietta merger gets nod from regulators
        278 19 Reuter WASHINGTON Federal regulators on Wednesday approved the US$9 billion (S$ 12.96 billion) merger of defence contractors, Lockheed Corp and Martin Marietta Corp. Their action came after the two aerospace firms agreed to modifications to resolve government antitrust concerns. The Federal Trade Commission
        Reuter  -  278 words
      • Article
        Lock icon Price inertia in major Tokyo shares sparks OTC mini-boom
        285 19 Reuter TOKYO Uninspired by shares in Japan's major companies, investors have been flocking to lesser-known stocks on the volatile over-the-counter (OTC) market, and analysts say the trend is likely to continue. Price inertia on the first section of the Tokyo Stock
        Reuter  -  285 words
      • Article
        Lock icon China punishes 2 firms for manipulating share prices
        217 19 AFP SHANGHAI The China Securities Regulatory Commission (CSRC) has fined two companies one million yuan (*****,000) each for manipulating stock prices, and will confiscate their profits from the related transactions. A Shanghai stock analyst yesterday said this was the first time the
        AFP  -  217 words
      • Article
        Lock icon Foster's brewing plans for China
        372 19 Reuter BEIJING Australia's Foster's Brewing Group plans to produce 400.000 tonnes of beer a year with the help of the bankrupt north Chinese brewery it bought at auction. "The purchase of the Tianjin Bohai Brewery by our company shows wc arc fully confident in the
        Reuter  -  372 words
      • Article
        Lock icon Tough time to float in Aussie stock market, say analysts
        410 19 Reuter SYDNEY Australian companies planning to float on the stock exchange this year are in for a tough time, with a drifting stock market and investors still counting their losses from punting on the 1994 float bonanza. "I can't see
        Reuter  -  410 words
      • Article
        Lock icon Only 10 companies to list on Chinese bourses in first half
        183 19 Reuter SHANGHAI Only about 10 companies will list on Chinese stock markets in the first half of this year. The China Securities newspaper yesterday quoted sources at the China Securities Regulatory Commission as saying the companies had all been
        Reuter  -  183 words
      • COMPANY BRIEFS
        • Article
          Lock icon IBM sets record for patents received
          51 19 Reuter ARMONK, New York International Business Machines Corp yesterday said it received 1,298 US patents in 1994, a new record for any one company in any one year. IBM said its total placed it first among recipients of US patents for the second straight
          Reuter  -  51 words
        • Article
          Lock icon Daimler's investments in Vietnam
          69 19 Bloomberg Business News HANOI Daimler-Benz AG, Germany's biggest industrial conglomerate, yesterday said it would invest U*****.6 million (***** million) in Vietnam projects spanning vehicle assembly to airports. Mercedes-Benz is close to receiving a licence for a US$7O million factory for commercial vehicles and cars in the
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Alcoa's net profit down 40%
          79 19 Bloomberg Business News MELBOURNE Alcoa of Australia, the world's largest producer ol the key ingredient in aluminium, yesterday said 1994 net profit dropped 40.4 per cent to A 5267.6 million (***** million). Unlisted Alcoa of Australia is 39.25-per cent owned by Australian nickel and gold
          Bloomberg Business News  -  79 words
        • Article
          Lock icon TSB group pre-tax soars 67%
          91 19 Bloomberg Business News LONDON TSB group pic yesterday said pre-tax profit in fiscal 1994 soared 67 per cent to a record as the improving British economy allowed the country's fifth-largest bank to slash provisions for bad debt. Profit before tax for the year ended Oct
          Bloomberg Business News  -  91 words
      • Article
        Lock icon Intel and AMD end legal battle over microchips
        236 19 Reuter SANTA CLARA, California Intel Corp and Advanced Micro Devices Inc said on Wednesday they have reached an agreement to settle their long-running legal battle over microprocessor chip gyUnder the agreement, AMD will have a perpetual licence to the microcode in Intel's
        Reuter  -  236 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon HK drives up interbank rates to check currency's fall
        428 20 Bloomberg Business News HONGKONG The Hongkong Monetary Authority yesterday intervened to prevent the Hongkong dollar from weakening by taking HK55.42 billion (SSI billion) out of the banking system to drive up interbank interest rates. The move by Hongkong's nearest-equivalent to a
        Bloomberg Business News  -  428 words
      • SMALL CHANGE
        • Article
          Lock icon Sakura doubles stake in Manila bank
          65 20 AFP MANILA Sakura Bank Ltd of Japan has doubled its stake in Far East Bank and Trust Co, the Philippines' fourth largest bank, by buying the entire equity in it held by the American Chemical Banking Corp, Business World reported yesterday. The deal, worth
          AFP  -  65 words
        • Article
          Lock icon China's largest bank to expand
          53 20 Bloomberg Business News BEIJING China's largest state bank, the Industrial and Commercial Bank of China, will open offices in Frankfurt and Luxemburg this year as part of expansion of its overseas business, the China Daily quoted bank president Zhang Xiao as telling an annual meeting.
          Bloomberg Business News  -  53 words
        • Article
          Lock icon Prudential may post loss of millions
          54 20 Reuter NEW YORK Prudential Insurance Co of America may post a 1994 loss that reaches into the hundreds of millions of dollars, the iVfH' York Times quoted analysts as saying. In 1993, the financial services and insurance company posted a profit of US$B79 million
          Reuter  -  54 words
        • Article
          Lock icon Pakistani bank chief held in fraud case
          40 20 Reuter KARACHI Pakistani police have arrested Khalid Latif, president of the privatised Allied Bank Ltd (ABL), in connection with fraudulent deals uncovered by the central bank, a central bank official said yesterday. Reuter
          Reuter  -  40 words
      • Article
        Lock icon M'sian unit trust scheme expects strong capital gains
        253 20 Bernama KUALA LUMPUR The MSSOO million (Ss2Bs million) unit trust scheme, Amanah Saham Bank Simpanan Nasional (ASBSN), expects to achieve strong capital gains when the local bourse improves. Ahmad Zahid Hamidi, chairman of Bank Simpanan Nasional (BSN), said yesterday that with the
        Bernama  -  253 words
      • Article
        Firms to blame for derivatives losses
        299 20  -  Heavy losses caused by taking of unnecessary risks: MIT professor By Paul Leo SINGAPORE A derivatives expert yesterday laid the blame squarely on companies which lost heavily trading in such instruments. Professor John Cox of Massachusetts Institute of Technology said these were "large companies
        299 words
      • Article
        Lock icon Oil price rally runs out of steam
        291 20 ENERGY REPORT Reuter LONDON A world oil price rally, which lifted prices by 45 US cents a barrel a day earlier, ran out of steam yesterday as traders reassessed shortterm direction. The prospect of continued unseasonally warm weather in the US which has
        Reuter  -  291 words
      • Article
        Lock icon Currency Reports: London
        174 20 Reuter LONDON The dollar finished the European session lower, losing its battle to find a foothold against mark and yen as Mexican woes and political problems in Spain and Italy continued to unsettle the markets. "The market has developed a dollar-negative psychology that is not really logical,"
        Reuter  -  174 words
      • Article
        Lock icon New York
        95 20 AFP NEW YORK The dollar was down against other major currencies in early Wall Street trading yesterday as dealers remained nervous over the Mexican financial crisis. Shortly after trading opened, the greenback was at 1.5323 German marks against 1.5365 German marks at Wednesday's close and at 99.07 yen
        AFP  -  95 words
      • Article, Illustration
        Untitled
        1600 20 rode- unghiexJ index tahuluinl atfamst S'pure's top 14 trading partners Bay >war 198* USS/SS forward rates Noon Jan 12 S$ Bid offer 1-month ***** 1 4546 2-month I 4488 1.4513 3-month ***** 1 4488 6-month ***** 1.4410 Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m laa
        1,600 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollar higher on CPI data
        1253 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars were firmer and Euroyen Hat at the elose. Dealers said Eurodollars continue to correct higher, following friendly inflation data overnight where the US consumer price index rose by 0.2 per cent in December. A Japanese dealer said the front
        Reuter  -  1,253 words
      • Article
        KL tin slips further on profit-taking
        651 21 COMMODITY REPORTS KLTin TIN price yesterday slipped another 10 sen to MS 15.11 per kg on the Kuala Lumpur Tin Market (KLTM) on continued profit-taking activities. The London Metal Exchange (LME) saw three-month tin unchanged at U556.090 per tonne. On the KLTM. at the
        651 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          S Korea's LNG demand up 33.5%
          83 21 SEOUL South Korea's liquefied natural gas consumption surged 33.5 per cent in 1994 compared with a year earlier, as more LNG was consumed in the power generation sector, the Ministry of Trade. Industry and Energy said yesterday. According to the ministry's preliminary data released
          83 words
        • Article
          Taiwan's non-ferrous metal imports
          86 21 TAIPEI Taiwan November imports of major non-ferrous metais were generally mixed compared with October figures, according to customs statistics. Imports of lead nearly doubled as local manufacturers purchased large amounts in expectation that prices would continue to rise next year, a local trader said. "Imports of
          86 words
        • Article
          Indian soymeal more competitive
          72 21 HONGKONG Indian soymeal has regained its competitiveness against Chinese-origin soymeal, following China's cancellation of tax rebates, trade sources said. Indian soymeal is now offered at USS2IS per tonne, compared with Chinese soymeal without rebates at USS2OS. At these price levels, buyers will switch to the better-quality
          72 words
        • Article
          Mitsubishi restarts zinc smelter
          58 21 TOKYO Mitsubishi Materials Corp confirmed it has restarted production at its 101,000-tonne capacity Akita zinc smelter in northern Japan after damage from an earthquake halted production for two weeks. "We started last night and full production was reached today." a company spokeswoman said yesterday. An earthquake
          58 words
    • Article
      COMMODITY PRICES
      1464 21 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 95 240 00 75 825 Mar 243.00 241.75 241 50 3450 1025 Apr 247.00 243.75 243.50 2250 3825 May 247.00 243.75 243 50 500
      1,464 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1070 22 +2.6 A still tentative Australian share market closed firmer yesterday for only the second consecutive day in 1995, underpinned by a turnaround in the gold sector. "Gold stocks basically held the market up today," Lance Jones's Hamish Bonifant said. "Their turnaround was basically the push behind the market." The
        1,070 words
      • Article
        Taipei
        610 22 -167.74 The Taipei bourse yesterday plunged across the board on bearish sentiment among investors, with all eight major categories of shares suffering losses and textiles posting the largest 4.6 per cent slide. The 410-issue Weighted Price Index on the Taiwan Stock Exchange slumped 167.74 points, or 2.47 per cent,
        610 words
      • Article
        Seoul
        501 22 1.69 Share prices edged up yesterday on the Korea Stock Exchange on a continued blue-chip rally. The Composite Price Index closed at 1,000.77 points for a 1.69-point gain, with an active trading volume ol 43.8 million shares valued at 888 billion won. Falls outweighed rises 409 to 338, and
        501 words
      • Article
        New Zealand
        315 22 -6.16 The main share index closed lower yesterday, after profit-tak-ing in the leaders reversed early gains. The NZSE-40 Capital Index closed at 1,939.00, down 6.16 points, otl' a high for the day of 1.947.98. Craig Robins at County Natwest said profit-taking in Carter. Telecom and Fletcher Challenge dragged
        315 words
      • Article
        Bombay
        103 22 -25.89 Share prices continued to slide yesterday on the Bombay Stock Exchange (BSE). India's largest bourse. The 30-share BSE Sensitive Index lost 25.89 points to 3.574.90 points. Analyst Manish Prasad said most shares remained steady despite heavy selling as financial institutions intervened to prop a sagging market. Associated Cement
        103 words
      • Article
        Untitled
        360 22 Manila \<>! IVv, CHI") XHMMN *<*« 141 «K< Milling 3 \VsM g« U "i \.lll«.»l>\ ,Kh 49 y XZm IUlutfan < 3. umh 134 trsasi mi r: ss S££r; B 14. II |l. II "I" x IViipiiN IMAngs <*« < C*mj IIUfc> N IW X ,M 100 I 4 IhivjK
        360 words
    • WORLD STOCK MARKETS
      • Article
        London
        595 22 -16.2 Renewed worries about dollar weakness and a volatile foreign exchange market pushed share prices lower by the close. The FTSE 100-share Index closed 16.2 points lower at 3,033.2 having given up an earlier gain of the same magnitude. Firmer gilts provided some support ahead of an expected UK
        595 words
      • Article
        Paris
        124 22 -0.27 pc French shares lost ground for the fourth dav in a row, undermined by futures selling, the bond market's inability to break decisively higher and the franc's drop to a new 13-month low against the mark. The CAC 40 Index finished the day at 1,844.06 points, off 0.27
        124 words
      • Article
        Frankfurt
        215 22 +10.22 German stocks gained after an early-morning rally amid speculation that investors switching to German bonds to escape turmoil in other European markets will also buy German shares. Interest focused on pharmaceuticals concern Sphering AG, as news spread that it's won a patent that could prevent its biggest rival
        215 words
      • Article
        Stockholm
        114 22 •1.20pc The Swedish bourse closed lower after foreign investors, particularly US investors, sold shares in late afternoon The OMX Index fell 1.20 per cent to 1159.17 in turnover of 3.109 billion crowns. Several brokers believe Sweden's poor economy and exposed position is the cause for foreign investors' pessimism. Ericsson
        114 words
      • Article
        Milan
        145 22 +0.02pc Shares lost momentum to close little changed on the day as investors waited to see what steps President Oscar Luigi Scalfaro will take to end Italy's political crisis. Brokers said the market was likely to continue drifting until Mr Scalfaro decides whether to ask outgoing Prime Minister Silvio
        145 words
      • Article
        Amsterdam
        213 22 -1.31 Dutch shares closed down shedding early gains on an easier dollar and losses in Wall Street and London stocks. The AEX Index finished off 1.31 at 410.42. Airline KLM staged a strong rally rising 1.90 guilders, or 4.19 per cent, to 47.20 on good institutional buying helped by
        213 words
      • Article
        Brussels
        152 22 -10.67 Belgian stocks dropped lor the third day with a drop in the dollar reducing earnings outlook for companies with US activities. Bekaert NV, which sells a third of its steel wire in the US, led the decline in the Bel 20 Index. The stock dropped 4 per cent
        152 words
      • Article
        Zurich
        200 22 1 Swiss shares ended only slightly higher after the market failed to hold onto most of its opening gains due to a lack of follow-through buying. dealers said. The SMI Index of leading shares was up 3.5 points to 2.600.5 but off the day's high of 2,617.7. The all-share
        200 words
      • Article
        Johannesburg
        302 22 +20 Gold shares posted strong gains yesterday to pare some of their recent hefty losses as bullion pushed higher and the financial rand weakened, dealers said. Industrials gained towards the close after consolidating earlier. They fell sharply on Wednesday on concern about emerging market prospects. The Overall Index finished
        302 words
      • Article
        Toronto
        301 22 -15.99 Stocks continued to fall in active midday trading with sharper losses restrained by a surging gold and precious metals sector. The TSE 300 Index dropped 15.99 points to 4170.66 in turnover of 34.35 million shares valued at C 5479.82 million. Declining stocks outpaced advances, 327 to 254, with
        301 words
      • Article
        New York
        775 22 -2.69 The Dow Jones Industrial Average was down 2.69 points to 3859.34 at 11 am EST. The New York Stock Exchange Composite Index was off 0.31 to 251.41, while Standard Poors 500-stock Index was down 0.60 to 461.07. Declines overtook advances 899-813 among the 2,592 issues crossing the
        775 words
      • Article
        Untitled
        764 22 Britannia Funds Sterling Cash Bid Offer Mim C ap Deposit 38 6400 38 6500 Mim Jerw) Gill .***** 0 l«J Mim Mai Income *0 4000 *0 4300 I S* Cash Income Phis Fund «4MX) 4 >*00 PS Reserve Fund 5 M0 5 3700 Sterling I- quit) Euro Performance 0.4W 0
        764 words
    • Article, Illustration
      Lock icon HONGKONG
      2968 23 Reuter HONGKONG Shares closed modestly higher in quieter trading, with sharp morning gains mostly pared after a day of futures-led seesawing trade, players said. The blue-chip Hang Seng Index was up 25.30 points to 7,418.05, ofT a day's high of 7,527.05. Turnover shrank to HK52.66 billion from Wednesday's HK.54.46
      Reuter; Source: Bridge Info  -  2,968 words
    • Article, Illustration
      Lock icon CHINA
      587 23 CLSA TURNOVER of H shares remained thin at HK556.4 million yesterday. Kunming Machinery was the biggest loser, falling 6.7 per cent. Harbin Power and Qingling Motors were the biggest gainers, up 5.0 per cent and 3.8 per cent respectively. The CLSA Shanghai B Index dropped 1.5 per cent on
      CLSA  -  587 words
    • Article, Illustration
      Lock icon TOKYO
      2404 23 Bloomberg Business News TOKYO Stocks fell to their lowest level in three weeks as the yen strengthened and foreign investors sold shares of exporters, especially consumer electronics companies. "Every time the yen falls below 100, there's a sell-off," said Ravi Nandigum, a manager of derivative products for Societe General
      Bloomberg Business News; Source: Bridge Info  -  2,404 words
    • Article, Illustration
      Lock icon BANGKOK
      1822 23 AFP BANGKOK The continued flight of foreign capital and rumours of a devaluation of the baht yesterday sent the Stock Exchange of Thailand (SET) index plunging 41.35 points, or 3.15 per cent, to a close of 1.273.00 points, brokers said. It was the fifth straight daily loss for the
      AFP; Source: Bridge Info  -  1,822 words
    • Article, Illustration
      Lock icon JAKARTA
      1149 23 Reuter JAKARTA Share prices slid at the close in nervous trading despite a temporary rebound late in the first and second sessions, brokers said. They said prices closed mostly lower overall although Indosat managed to peg back to 7,300 rupiah after having hit an all time low of 7.100
      Reuter; Source: Bridge Info  -  1,149 words
    • Article
      CLOB INTERNATIONAL
      2342 24 <.r (if L»t Vol IMy l*.iyuoh- l)h l*» \ld IVrt \l <_•# High Low C ompany \ak (WO) High Low Bayer Seller S C »r S P'k Mnil MALAYSIAN STOCKS s :s issiv s s »s s s «s: 10 0 5 WIUB Kl> 0.5 unch 10 0.5
      2,342 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares tumble on Latin American scare
        6518 24 AFP KUALA LUMPUR Malaysian share prices continued to tumble yesterday as investors used the financial crisis in Latin America as an excuse to sell down further or remain sidelined, brokers said. The Kuala Lumpur Stock Exchange's 86-share weighted Composite Index fell 10.26 points to
        AFP; Source: Bridge Info  -  6,518 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7801 25 1 MAIN BOARD Gi U M Ml ItHW IM \ol Da) l*HH> D«* \'l High |lomp»«> Sal* (-WW) Nigh lo« B.»« >elWt N C »f S P/E < 1 INDUSTRIAL AND COMMERCIAL 72U* 414 ml VmiMIc 416 20 257 416 414 41k 426 88 4 7 II IJ 3 573
        7,801 words
      • Article, Illustration
        Lock icon Mexican crisis, land auction result drag prices down
        1819 26  -  By R Sivanithy SINGAPORE The local stock market took another beating yesterday, with the Straits Times Industrials Index just managing to hold the 2,100 mark. Brokers said the Mexican currency crisis and the collapse of Latin American stock markets had shaken confidence
        Charts by Bridge Info; Source: Bloomberg  -  1,819 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      353 17 NEWS VALUE Regional currencies head south down Mexico way (pg 1) Confidence unlikely to return for some time. Funds quit Asian markets as peso fallout spreads (pg I) Looks like a Chinese New Year rally is not going to happen. COE prices for February expected to fall again (pg 1)
      353 words
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      Page 18 Advertisements Column 1
      73 18 Vu > v jS HB«W JB y w^nnß^i PROPERTY EXHIBITION Readers refer to the Classified for many reasons. Some for specific needs and some simply for useful market information. Classification 496 (Property Exhibitions) in the Classified is the place where readers look for choice properties and investment opportunities. So, if
      73 words
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      Page 19 Advertisements Column 1
      230 19 12 January 1995 A copy of the Prospectus has been lodged with and registered by the Registrar of Companies and Businesses in Singapore which takes no responsibility for its contents. SM SUMMIT HOLDINGS LIMITED (Incorporated in the Republic of Singapore on 31 March 1984) Invitation in respect of 48,800,000 Shares
      230 words
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      Page 20 Advertisements Column 1
      176 20 TH^MONETAR^^UTHORJP^F.sjngapore AMOUNT OFFERED SGD7OOMIO mm ISSUE CODE N*****0N ISSUE DATE 26 JANUARY 1995 fc- i MATURITY DATE 1 FEBRUARY 2000 pi. INTEREST RATE TO BE DETERMINED BASED ON THE AVERAGE YIELD OF SUCCESSFUL APPLICATIONS m r PRICE TO BE DETERMINED AT THE AUCTION gaS INTEREST PAYMENT DATES 1 FEBRUARY AND
      176 words
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      Page 20 Advertisements Column 2
      1 20 CATS.
      1 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      35 21 "I deal in cameras. And I J<now where to ggtgpod exposure." "JCO UUiM. fft" 4 or or V «S. lf) ete a ts Sup, r I Call today for results tomorrow. Tm CA.T.S. 737 1166
      35 words
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      Page 21 Advertisements Column 2
      56 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Financial News ssssA Quick Look At The Markets t Call 24 hours a day for SES KLSE midday report*, closing world market reports and business news. Cost: 30 cents a
      56 words
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      Page 25 Advertisements Column 1
      54 25 You may have been unable to get your Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service. If only everything
      54 words
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      Page 26 Advertisements Column 1
      27 26 f STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE f 1 Business Times WE KNOW ASIA
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      Page 26 Advertisements Column 2
      755 26 BUSINESS TIMES INOT I C E S TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 OFFICIAL NOTICE We, Sachsen Engineering Services Pte Ltd of 79 Anson Road #21-01, Singapore 0207 hereby give notice that in consequence of change of ship's name as requested by the charterers, we have applied to the Registrar of
      755 words
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      Page 26 Advertisements Column 3
      88 26 ROBINSON AND COMPANY, UMTEO (Incorporated in Singapore) LOST STOCK CERTIFICATE Stock certificate no ***** C covering $1,000/- stock units in the name of Oeij Joe Jong has been reported lost, destroyed or mislaid NOTICE IS HEREBY GIVEN that new certificate will be issued and the above original certificate will be
      88 words
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  • SHIPPING TIMES
    • Article
      APL joins Far Eastern Freight Conference
      308 27  -  By Ramesh Divyanathan SINGAPORE American President Lines has joined the Far Eastern Freight Conference (FEFC) with effect from Jan 1, 1995. The conference is a Lon-don-based group of lines that cover the Europe-Far East trade, except Japan. The move by APL does not surprise
      308 words
    • Article
      Lock icon M'sian committee to fight congestion at container terminals
      209 27 Bernama KUALA LUMPUR The Transport Ministry and the Commercial Vehicle Licensing Board will set op si. joint comiTHrtce'tO overcome congestion <rt cbfliamec terminals at the "main pprts and airports in the Transport Minister Dr Ling" Liong Sik said on Wednesday. He said
      Bernama  -  209 words
    • Article
      Lock icon Yantian port seen complementing, not eclipsing, Hongkong
      228 27 Reuter HONGKONG The decision by Orient Overseas Container Line Ltd and American President Lines (APL) to replace a feeder service to Hongkong with direct calls at China's Yantian port does not sound a death knell for Hongkong's lucrative cargo handling sector, shipping sources
      Reuter  -  228 words
    • Article
      Lock icon Vessel delay surcharge at Mombasa may go
      192 27 Knight-Ridder NAIROBI East African Conference Lines' vessel delay surcharge at the Kenyan port of Mombasa could be lifted by February if performance at the port continues to improve over the next few weeks, according to EACL representative in Nairobi, Paul Thomson. Mr Thomson
      Knight-Ridder  -  192 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1053 27 Pajje Col ABC Containerline 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 Ahlers Line 13 5 Ahrcnkicl Liner 4 1/2 ANL 3 4/5 Antaco Mgmt 17 3 APL 18 1/2 Appenship 4 4/5 Arabian Express 15 4 ASCL
      1,053 words
    • Article, Illustration
      Lock icon Next stop North Korea
      60 27 Reuter VOCHON, South Korea South Korean workers tying up the Chinese tanker Da Qing for the loading of 25.000 tonnes of bunker oil for delivery to North Korea on Wednesday. The oil is being transferred under a US-brokered deal to supply North Korea with oil in
      Reuter  -  60 words
    • Article
      Lock icon HK shipping firms press for China payments
      221 27 AFP HONGKONG Hongkong's shipping companies have banded together to seek long delayed freight payments from agents and firms in China, an official of Hongkong Liner Shipping Association said yesterday. Roberto Giannetta, the association's secretary, said a letter from the association had been sent
      AFP  -  221 words
    • Article
      DAILY FREIGHTS
      1540 28 THE Baltic Freight Index for spot dry cargo shipping rates rose to 2,019 on Wednesday from 2,015 on Jan 10. Dry cargo brokers found good strength in the Far East, with the Pacific taking the limelight as the most rapidly improving area of the freight market. This applies
      1,540 words
    • Article, Illustration
      Growing dominance of Asian carriers
      968 29 AS OF Sep 1, 1994, the world's top 20 container carrying lines controlled just over 1.8 million TEU of the estimated 3.9 million TEU in serv ice. Of this total, operators based in Asia managed 906,644 TEU, a rise of 15.4 per cent on their
      968 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      13485 36 Page II 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:
      13,485 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        572 39 Vessel Voy No Befth Arrival Departure Vessel Voi Wo Berth Arrival Departure JurMg Pert Batam S«e«d3 *0595' POl* 13.01/1200 (301 1W0 Mana 13,a *59 12 alongside 1301, 051b Batan $peed3 *****' Wl* 13.0 /WOO 30 0900 *pplause 1 14,5 alongs.de 1301/1100 Batam Speed4 ****** POl* 12Ob2030 2
        572 words
      • Article
        CONTAINER SCHEDULES
        1474 39 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 fc, 2206 13/1500 1* -tt/lifl <,K V/1<W 12/1900 fc> Lotus 0606 13/2359 16 12/1500 12/1659 12/WOO 2* 12/1700 13/0659 13/0900 28
        1,474 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon World air cargo market enjoys brisk start to 1995
        414 46 Reuter LONDON Traditionally, January is perhaps the cruellest month of the year for airlines in cargo revenue-earning terms as customer demand slumps after the peak pre-Christmas period. But for the first time in the living memory of most younger generation air
        Reuter  -  414 words
      • Article, Illustration
        Hertz picks new India franchisee
        406 46  -  By Ramesh Divyanathan SINGAPORE Car rental giant Hertz has appointed a new partner in India to rev up its business there. Hertz Asia Pacific has signed a five-year franchise agreement with Indian conglomerate the Autoriders Group. "The opening up of the Indian economy has attracted
        406 words
      • LOG BOOK
        • Article
          Lock icon Manila Harmony taken in tow for HK
          61 46 Knight-Ridder LONDON The 4,887 grt freighter Manila Harmony, which struck a submerged object near Balikpapan on Dec 29, is undertow for Hongkong to discharge its cargo, according to Lloyd's Intelligence on Wednesday. It is estimated that the Philippineflagged vessel will arrive in 10
          Knight-Ridder  -  61 words
        • Article
          Lock icon Stevedores at Paranagua go on strike
          27 46 Knight-Ridder LONDON Stevedores at Paranagua port, Brazil, went on strike on Wednesday for an indefinite period, according to Lloyd's Intelligence. Knight-Ridder
          Knight-Ridder  -  27 words
        • Article
          Lock icon Gladiator damaged by moving boxes
          70 46 Knight-Ridder LONDON Containers on the 26,360 dwt freighter Gladiator shifted during bad weather causing damage, according to Lloyd's Intelligence on Wednesday. The Liberian-flagged vessel, which was en route from Vancouver to Los Angeles, sustained damage to its hatch pontoons. The vessel diverted and arrived at
          Knight-Ridder  -  70 words
        • Article
          Lock icon Prometheus leaves Lagos under tow
          54 46 Knight-Ridder LONDON The 15,121 dwt freighter Prometheus, which suffered a fire in its engine room on Oct 24, sailed from Apapa, Lagos to Greece, under tow, at 1513, on Dec 28, according to Lloyd's Intelligence. The Cypriot-fiagged vessel is expected to arrive in Greece in
          Knight-Ridder  -  54 words
        • Article
          Lock icon Georgios P grounded, then refloated
          96 46 Knight-Ridder LONDON The 81,028 dwt bulk carrier Georgios P grounded at 1000, on Jan 7. in the soft bottom of the Orinoco River, at Mile 170.1, blocking the channel and obstructing traffic, and was refloated, with tug assistance on Tuesday, according to Lloyd's Intelligence. The
          Knight-Ridder  -  96 words
        • Article
          Lock icon Jetliner crashes in Colombia
          73 46 AFP BOGOTA A jetliner carrying 53 people on a flight to the coastal resort city of Cartegena exploded while preparing to land and crashed on Wednesday in northern Colombia, civil aviation director Alvaro Raad said. He said it was unlikely that anyone had survived the crash.
          AFP  -  73 words
      • Article
        Lock icon US FAA eases flight restrictions on ATR aircraft
        309 46 Reuter WASHINGTON US officials on Wednesday eased their restrictions on French-Italian ATR aircraft Hying in icy conditions. saying they would only apply to flights during freezing rain or freezing drizzle. The restrictions had originally been imposed on the ATR turboprops after an
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        Lock icon Cutlass is America's most stolen car: study
        170 46 Bloomberg Business News CHICAGO Chrysler Corps Jeep Grand Cherokee jumped from 54th to second on the list of the cars most often stolen during 1994. Still, it didn't beat out the diehard 1984 Oldsmobile Cutlass Supreme as the steal of the year. For
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        Lock icon European car sales rise 5.7% in 1994
        334 46 Reuter PARIS European car sales rose 5.7 per cent last year to 11.86 million in a partial recovery from a 15 per cent slump in the previous year, according to preliminary figures released on Wednesday by PSA Peugeot Citroen SA. Volkswagen AG remained
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        Lock icon VW confirms job cuts
        184 46 Reuter WOLFSBURG. Germany German car maker Volkswagen confirmed a magazine report that it would cut around 2.500 jobs in 1995 through an early retirement scheme but said it had already announced the move. "The 2,500 figure is an approximate one and one which we had not
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1749 46 ati nm eta n» at* nw eta mw n»_ torn MmM GA976 2355 »95 2325 Adoiakle Of81 1930 QF82 2050 Frankfurt SQ25 0645 SQ326 2220 SQ227 2230 LH772 1615 LH773 2359 Amsterdam KL837 1540 KL844 0115 fitalfci SQ989 1705 SQ990 0125 SQ323 1710 GA970 23.10 SRI83
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      24 27 BusinesslT Every Monday in Business Times Growing dominance of Asian carriers, Pg 3 World air cargo market enjoys brisk start to 1995, Pg 20
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      27 27 Lines and services represented by Members of the Registry of Accredited (-17©®* Shipping Agents, Singapore National xs&nfj&Jj Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      266 27 BusinesslT Every Monday in Business Times A IF YOU NEED TO TACKLE A HEAVYWEIGHT, i <■ YOU BETTER KNOW I A THING OR TWO ABOUT SHARP DELIVERIES. 0 4/ Especially if ifs from a fellow heavyweight like FostFreight from n y. Singapore Post. Because when it comes to door-to-door delivery
      266 words
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      2157 28 import.... import.,.. I NORTH AMERICA! OTHER DESTINATIONS I I NORTH AMERICA"! C: fticy C*lL TO WBIT COAST fSCXI Wtrr COAST or CENTRAL AMERICA (UAMJMTA MrWVTCt) tWOAPOM CALgQWOU txwtx (PUCT FROM WIST COAfT) /quo,%j VESSEL <0T STOW U OAK yen OA! HOUSTON CMC NY MEXICO CITY MOTHER VSL VOY SP U
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      1121 29 P. united ARAB Boawjoraf mfrW4lBf4l9 I 1 mm rf Uift29Lji CUIDDKMftM CUSTOM&tSBMCE7R;32O24OOSSfAX:224BW4 a£ 1 SEALORDSHtPPINGAGENCIES TELEX 13 1 2 1 VSI/VOY SIN I PSO I DXB I SHI IKM I AUH DMH BAH DOH I VSI/VOY ISW I BM) I BKM YSt YQT ISI I CMB I JEP 1 AL
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      422 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) FROM AUSTRALIA (EAST COAST) •ESSELVOT HI I*6 IS" BH S(II KB M HOI VESSEt ¥OY BM STD KB M HH IT SSF "|rK{ A IATAKAKTA tIS 11/01 IS/01 17/01 30/01 02/07 A UtTMMTI SON 22/12 20/12 11/01 MFT li/ll A ASM
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      1466 30 i AOABA ROAM/ Ci VESSEL VOY NO SPORE JEDDAH (VIA JED) S'TON H'BURQ A WERP HAVRE STUTTGART EXPRESS 07/301 14/1 23/1 30/1 1/2 4/2 6/2 8/2 KIRiSHIMA 06/102 18/1 4/2 7/2 *!1 DRESDEN EXPRESS 20/302 21/1 30/1 7/2 8/2 H'2 13/2 15/2 FRANKFURT EXPRESS 77/103 25/1 11/2 ]2!1 LUOWIGSHAFEN EXPRESS
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      439 30 /BpiRppHRII IS'pore P.Kelang Loading for FORUM AKASAKA 25/1 30/1 Rdm/Atw/UK/Nantes VLAHERNA 5/2 9/2 Rdm/Atw/UK/Nantes 'Loads E./W. Malaysia. Indonesia I Loading for H ENERGETIC Dubai/Bahram/Damman/Kuwait I SEA VENUS Hodeidah/Jeddah/Aqaba •Loads Singapore. E./W. Malaysia. Indonesia I Loading for DONA V Los Angeles/New Orleans/ H Charleston/Norfolk/Camden OCEAN EVER Los Angeles/New Orleans/ Charleston/Norfolk/Camden •Loads
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      Page 30 Advertisements Column 3
      1400 30 i norasTaT I oso? i I SUMK M 4* 27/0 TJm 11/02 11/02 12/02 12/02 13/02 13/02 14 M I ISI VALVE 503* 2 20/02 20/02 21/02 21/02 22/02 22/02 23/01 I I SEA ENDEAVOUR 505* ni/n» m/m 24/02 25/ 02 25/02 26/02 26/02 27/02 27/02 28/0* I SEA EWEAVOUR
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      Page 31 Advertisements Column 1
      1874 31 M STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW guinea pacific line BaAIJAB9UUBIiBUUfIBSIIAIIiAIiyBiB&IAIBAiA9HI ctvJEw (A service of china navigation co> CARGo" DUt SAIS STRAITS VINIURI ****** Muara.lab.KK.Kch 13 14 Jan 15 lan 16 lan FCt. LCI CONTAINER AND MEAKBUIK SERVICE
      1,874 words
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      Page 31 Advertisements Column 2
      2109 31 w T%O Singapore Agent: I I .AfITQ 1 P&O Containers (Singapore Agencies) Pte Ltd 10 Hoe C hiang Road. #07-01 kcppcl Towers. Singapore 0208 First Class Connections WORLDWIDE l 5 1 ,4 M psotsp.f.,: 3255 7 2 75,7 EXPORT IMPORT A VESSEL VO* *PNC -PKO SIN SOU ANT ROT HAM
      2,109 words
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      Page 31 Advertisements Column 3
      962 31 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PHI PfN K)H S« HAG MO TAI ME YO* THY NAG HOB OS* MOI BUS WAN HAI M 3 N066 TToi lToi iToi 15 16 01 20 01 21 01 24 01 25 01 31 01 101 021 02 02 WAN HAI >11 NC2S lToi
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      489 32 w Aj- Mm venture Vj|!V SAMUDERA INDONESIA SIR RICKMERS WIM SINGAPORE CHINA GR£IN ERA VOY 3NB 12 JAN Q4NGOAO OASA SEPU.UH VOY 3NB OS FEB XINGANG SHANGHAI INDUCEMENT CAIL P KELANG INDUCEMENT CALL HK. P GUOANG, BELAWAN. TG MAN XIAMEN. ZHANGJIGANG UTAMA HARTA gJ WEEKLY FULL CONTAINER SHIP FEEDER VESSEL
      489 words
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      Page 32 Advertisements Column 2
      1228 32 0 HANJIN SHIPPING I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 for vsi sm i* h*ui mm fm wi sat luk hmh sav im nyc HANJIN HONGKONG 047E 20/1 WKCI »/2 10/2 11/2 J®*" 1 22/1 AMUICA 01* 23/2 24/2 2«/2 HAN UN SEATTLE 03«
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      Page 32 Advertisements Column 3
      1353 32 J J T cT"T3"zH"^k Inn scr ISC we uc nis Ml o» WT JW nro IU cm BU nc in um km nr wc no cw m icr M E. GUM K 059 11/1 17/1 22/1 25/1 27/1 Mil Jl/1 1/2 2/2 1/2 4/2 15/2 21/2 2/3 3/3 13/3 14/3
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      3106 33 VARNA (BULGARIA) CONSTANTZA (ROMANIA! VIA UMASSOL 3 SAILING PER WONTH ico^i'^Pil^TFltd tesLZZc-*L 4205.02 <*♦"""-gs-aus I COSTAH SHIPPING PTE LTD th**. ***** coship co*™uo**: 420sas0 ji *****30 I C Shinto* war «17-M CH No: 117******00 M hcMKgl 1 *****50 mSTiMC L DBS Bldg Towor 2 UCK No: CCSU JOHOHE OFFICE: Fax:
      3,106 words
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      Page 33 Advertisements Column 2
      243 33 Jf FAMOUS CONTAINER LINES 1 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GROUPAGE SERVICE TO CHINA WEEKLY CALLING:SHANGHAI XINGANG QINGDAO DALIAN XIAMEN HAIKOU WHAMPOA CONTACT: SYLVIA OR KEN SIM HOT LINE: *****33 (24 LINES) PORT KLANG PH: 03/*****02 (10 LINES) 11 PENANG: 04/*****7 (10 LINES) GLOBEUNK
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      1187 34 111 Ml frIIUBiMHiWiT" I'tiM ffi MM^fl VESSEL VOY SN J? J VESSEL VO¥ j 1 isra bhum lnPt w,d 1,/1 I swibhum ~aa Fr, Fm p. s.tTu/i »i VESSEL VOY SIW BKK i BHATRA BHUM MS Sal__!4/1 L*s IZ£l_ IHTWA BHUM SOOT Mon H/1 W.d 1»/1 j^B NANTA BHUM 227N
      1,187 words
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      Page 34 Advertisements Column 2
      963 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********061 STRAITS SHUTTLE SERVICE PORT KLANG PENANG VESSEL VQY SIN PKL VESSEL VQT SIN PEN SE« LAUREL 352N 11 WtDi 13 1 (FM) »OU* lAYA ***** 13 1 (FRI) IS 1 tSUWi BAiJHftIA *****K 13 1 (fRI) 15 1
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      Page 35 Advertisements Column 1
      1114 35 ADVANCE CONTAINER LINES (PTE) LTD H—A I 140 Cacll StrMt, #12-00, PIL Building, Singapore 0108 L MJk lal TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL iWi I IAUAWTA (S Sailing*/Wm* to PAT, J Swluvga to MfT. 1 9aWng to LCH) <» »•«•«•»/W***) 9AT wmkl vov 5« mn vg»w- *2*
      1,114 words
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      Page 35 Advertisements Column 2
      970 35 vessus wot it mm gjgg thaws rotteroam ahtwer? ym (k ill ANA TO7W 16/01 05/0? 07/02 09/02 10/02 11/02 VILE DC TUCAKA UO7W H/ 01 /0? 10/02 12/02 I 13/02 I 14/02 I VILE Of IMA 107W 25/01 "/02 17/02 19/02 20/02 21/02 VIAE Ot CMM CO7W 21/02 23/02 25/02
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      Page 35 Advertisements Column 3
      566 35 I I Ml MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gd| PAGAN V2I7W 20/23 lan TANAH AW V2W 20/24 J«n MALAYSIA AGENTS BOUSTEAO SMPPW6 AGEJtCES Ml TEL 02 03-*****00 PHI TEL 02-03 3(1(7(7 PEN: TEL 02 04 (***** PCD TEL 02 07 *****21/4
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      1788 38 7 TO EUROPE FROM EUROPE r m tow FEEDER PKL PEN MOTHER *SI STORE LEH RTM HM |WH fll *55 s£. BSE; SBM 5004 5004 07.01 07.01 HONGKONG 2*14 10 01 20.01 »01 30 01 0 10? iM W ii!i Ll!l ITTT BSE, SBM 5001/5401 14.01 14.01 W AFRICA 2494
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      Page 38 Advertisements Column 2
      531 38 ■LAfIMN CONTAINER LINES, INU brs^/vvnAgents: MAC-NELB SPORE: *****22 (24 UNEB) LJ \y VzJ C/w SIBU (064) *****9 PENANG: (04) *****6 BANGKOK (662) *****57 (632)£*****1 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 13/1 14/1 15/1 HKG/BKK/KEE/KHH G'burg/Chagen/S'holm/Oslo 17/1
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      179 39 CONVENTIONAL/BREAK-BULK SERVICES VESSEL VOY SINGAPORE COLOMBO SITRA 1 8 18-19/1/95 23-24/1/95 SUN PULSE 8 5-7/ 2/95 12-13/2/95 BOOKING/GENERAL AGENT: RICK MARINE ASSOCIATES PTE LTD TEL: 534 0800 534 0900 FAX: 534 2272 TLX: RS ***** RMA REGULAR SINGAPORE/VIETNAM SERVICE VESSELS VOY NO IT* fID OfSTWATION DAT VKT 1/95 M POUT
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      Page 39 Advertisements Column 2
      238 39 I VESSEL VOY SIN MAA SIN I TIGER SPEED 314N 15-16/01 2127/01 01-02/02 1 TIGER ISLAND 125S 2122/01 (FOR DISCHARGE ONLYfI CAPE HERMES 204N 18-19/01 24 30/01 0304/02 I TIGER CAPE 013 23-24/01 29-05/02 10-11/02 TIGER BRIDGE 315N 25 26/01 31-06/02 1112/02 TIGER ISLAND 127N 05-11/02 16-17/02 22 28/02 I
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      342 39 E3 PONCNAMA UME| wsai (MB) ssr m m pus mc hn I smomc two min it/ti is oi n/ti »/(i 3001 KUnOM MIR Zl/tl 23/01 ft/11 00 02 01/02 MMM ntlß »/(l 31 01 tl/tt 02 02 12/02 1i,02 TU.9MS MOM 07 02 10/02 02 22/02 WOU*P TW» AttA iiWVICI
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      Page 39 Advertisements Column 4
      410 39 IS) RICHFIELD MARINE AGENCIES (S) PTE LTD IW TEL: *****33 (12 Lines) \=L FAX: *****15/*****03 Hi TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E ESQ ETHIOPIA*SMPPMB ISBt! f (National Lines of Ethiopia) J ACCEPTING FCL AND CONVENTIONAL VMM* Voy ETA Loading Far Sport Abbey Wonz 42W8 20/01 Mombasa. Djibouti
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      Page 40 Advertisements Column 1
      1653 40 ■oimfa MAERSK IS REPRESENTED IN MORE THAN 60 COUNTRIES FACILITATING THE EASE OF LOGISTICS Vessel Voy ETA ETD DESTINATIONS Next week MADISON MAERSK V 9502 17/01 0800 HRS MBMBMBMBMBm CFS 16/01 2358 MRS OAK LGB SFO MEM ATL MIA CHS BAL PHL NYC TOR MAOISON MAERSK 9502 17/01 18/01 04/02
      1,653 words
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      Page 40 Advertisements Column 2
      856 40 MMloyfl FULL CONTAINER SERVICES V 0 rS TO7W Ho 55" 14 01 M M "oToF 17 17 MO2MM I VDTUCMW UO7W 14 01 li 01 10 01 0(07 10 07 UO7 11 07 14 07 I VOMBM LOW 71 01 72 01 HOl 15 07 17 (7 11 07 70
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      821 40 TO E. CANADA US ATLANTIC US GULF H<*GH DYKE 0628 5 N.ORLEANS MOBILE TAMPICO HOUSTON 2®?? l/'V i/ic-K Tc L L*" 2Mar BMar U Mar 14 Mar 19 Mar KOEGH CAIRN 0128 2/3 Feb 4, S Feb 16 Mar 19 Mar 22 Mar 28 Mar 31 Mar 3 Anr ft
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      584 41 ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE ACCEPTING BREAKBU.K SOC CARGOES 10 FROM K0«. YOKOHAMA. MAGOYA. MO*. TOKYO*. MANH.A". DAVAO*. Penanj* P. Kelanj Siniapore E Msia* KAMALEVERETT V24E 18/17 )an 18/19 KARABCVERETT V2IE 24/25 Feb KAMALEVERETT V2SE 14/15 Mar ACCEPTING BREWBUH FCL SOC CARGOES TO/FROM CHTTAGONG. CAICUTTA ANO MONGLA* Sinjapore P.
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      Page 41 Advertisements Column 2
      207 41 181 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES' CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 8/1 14/1 16/1 18/1 GLORY SELATAN X 12/1 18/1 20/1 22/1 SIN KOMPONG SOM GLORY SELATAN VIII 13/1 16/1 SINGAPORE ASEAN TO
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      Page 41 Advertisements Column 3
      663 41 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE TsaT™"" VOT SIN KAWACHI HYOCRABAP 137 HW 15/0? ISLAMABAD 132 HW 03 03 UJJ SAHGOOHA 151 HW 0«/03 l«/°3 MAKRAN 155 HW IV 03 25/03 Wl MU CAlt GUI POPTS SUMCT TO «BUC£I«1 FAR EAST CONTAINER SERVICE ONLY VESSti VOT SIN wT"
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      735 41 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL/VOY ETA SIN ETA MA A MV PRAVDINSK V 11 13-14/01 19 20/01 MV BUNGA TERATAI V TERO2S 15 16/01 22-23/Ot MV TIGER SPEED V 314N 15 16 01 21-22, 01 MV CAPE HERMES V 204N 18 19/OI 24 30/01 MV PESTOVO VOS
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      295 41 SIN FAR EAST 17/1 KEELUNG KAOHSIUNG 15/1 BANGKOK 15/1 MANILA/CEBU 15/1 JAKARTA/BELAWAN/SURABAYA 16/1 PORT KELANG/PENANG/E. MALAYSIA 15/1 BUSAN 15/1 TOKYO/YOKO/KOBE/NGO/OSA 15/1 HONG KONG SjN CHINA SS±#;«n) 15/1 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU XIAMEN'SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SjN EUROPE/UK 16/1 LDN/FLX/LVP/SOU 16/1 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA
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      Page 42 Advertisements Column 1
      900 42 ii FIXED Jjf L i I WEEKLY i|| SAILINGS I r :it ii I J Tel: I i|i :261-0978 |j |i jmm. —5- MELBOURNE- Jn GP SHIPPING PTE LTD :[I I Call: Kenny/Mas/Peter ■W'.' I<J WWW wwv-v-t ■--■-'i-|_ijfri- r i.i.- L i-;nrfr-.inj'Lnmrixr--.n.n*iiTii*i'i'* I jil I MijKcli 11 jSj |n(j|»jM IJIH
      900 words
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      Page 42 Advertisements Column 2
      773 42 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 19 JANUARY (Accepting to all N*w Zealand porta) PENANG 20 JAN JAKARTA 15 JAN PORT KLANG 19 JAN BANGKOK 15 JAN MELBOURNE 15 JAN SYDNEY 15 JAN BRISBANE 15 JAN FREMANTLE 26 JAN ADELAIDE 15 JAN I 21 JAN I 'ACCEPTING
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      Page 42 Advertisements Column 3
      1188 42 CONSOLIDATION TO LIMASSOL FIRST FORWARDER IN ACCEPTING LCL CARGO AT «VA D r E O°. ATTRACriVE RATES 1 ranshipmcni available to Beirut, Lattakia via Limassol 1 tibii Call Te at DID: 277 1064 for bookings NOW!!! Sin«.p,».f 561 1668 272 98.18 Also has Ortlccs in:- LOGISTICS SERVICES fIF MALAYSIA THAILAND
      1,188 words
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      Page 43 Advertisements Column 1
      1660 43 W SUNSHIP AGENCIES PTE LTD I 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 i Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 OOR 1 T.S.M. Vettel Voy Mono Kong Singapore P. Kelang Penang 86 Sailed Salted 13-14/1 15-H/1 Siriut 15 17-18/1 23-24/1 25-28/1 Globe Emerald J 23-24/1
      1,660 words
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      Page 43 Advertisements Column 2
      397 43 I CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINERISED SERVICE TO LK AND NORTH CONTINENTAL PORTS *nu tor w cto u> nam ns *L_ NcmsiA mi 3 it/1 22/1 ii/i JUL. JU2KD IW TO OMW It/1 22/1 _Z WD HfIWS W» 21/1 X/t m wax mwt ostw »/i 2/2
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      Page 43 Advertisements Column 3
      742 43 II ETA RDM 06/02/95, FLX 07/02/95, I BRE 09/02/95, LEH 11/02/95 I EXPORT SiWOAPOWK CALIFORNIA IXRtttSt (SCX) TO» UtWC CANADA V€,S€t SCP LOS OAK VAM ~s£T ATL CCC HOU MPM PLO TOW MON CALIFORNIA LUNA 71 18/01 04/02 06/02 08/02 09/02 10/02 08/02 08/02 09/02 11/02 14/02 14/02 CALIFORNIA SATURN
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      Page 44 Advertisements Column 1
      1656 44 i AMERICAN PRESIDENT LINES, LTD. 19 HEPPEL ROAD *02-01 JIT POH BUIiDINC SIWAPOWE 0208 TEI 225-9966 Fa» 221 4922 i ALSO OFFERING SERVICE TO/FROM T -PRC *CIS 'VIETNAM *EAST RUSSIA 'CARIBBEAN 'LATIN AMERICA 'EAST MEDITERRANEAN I: CALL 225-1-225 FOR BOOKING OR ENQUIRY TO NORTH AMERICA CANADA WEEKLY CONTAINERIZED SERVICE lnßU.wrug
      1,656 words
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      Page 44 Advertisements Column 2
      2256 44 4* M AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (01 NO: **********0M/GST REG NO: M 2-*****99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 i I ftl MALAYSIA K" LINE MARITIME (MALAYSIA) SON BHD JL M 24 TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 1 INDONESIA P.T.
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      Page 44 Advertisements Column 3
      135 44 a BANGLADESH SHIPPING CORPN. j REGULAR SERVICE TO/FROM CHITTAGONG j VESSEL VOYAGE CWTTAGONG SINGAPORE MONGLA CHTTAGONG BANGLAR ROBI 43W 14/01 ?1 01 jNjgtg MOW «0W 15/ 01 23/01 29/01 31/01 BANGIAR ROW «4W 27/01 03/02 09/02 j BAWGLAD MOO 41W 31/01 07/02 13/02 15Z5L__ L__ 11 Aho accepting FCI Container
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      484 45 I A HYUNDAI I 99-. fiTP,-— WESTBOUND TO EUROPE BKG: *****61 fpNA !~P»ci PGO VESSELS VOY Sm RTM ANT LEH HAM BREJ PEL 11/01 13/01 14/01 H. COMMANDER H3W 16/01 ***** 05/02 ***** 05/02 OVO2 07/02 18/01 20/01 21/01 SI MARINER 314 V* 23/01 10/02 12/02 11/02 12/02 12/02 14/02
      484 words
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      Page 45 Advertisements Column 2
      338 45 STRAITS/ JAPAN/ STRAITS SERVICE MULTI PURPOSE I RORO CARRIER SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TOWS VESSU TOY SM PR LOAOMG FOR PAKARTI SEMBHAN 1 13/1 IVI ocean aut K/I MUM* M/I COSMK CHALLENGER 37 1/2 4/2 COSMC LEADER 49 1/2 3/2 SONBN 31
      338 words
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      Page 45 Advertisements Column 3
      621 45 JEDDAH/UK/CONTNENT STORE lAD S'TON HBURG ROAM LEH •Mm Acctptaif C*|o For: ■MM N/102 11/1 4/2 7/2 9/2 Southampton :toM UK dntiiaion. Bdtat aid OuMn DRESDEN (MESS 20/307 21/1 30/1 1/2 11/2 13/2 15/2 Rottodwi to al Artwerp Aimttrdjm. OMo. HfHrtu IRAMUURI EXPRESS 77/103 29/1 11/2 14/2 lt/2 to al UK
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      300 45 TODAY'S TIDES (height in metres) HO* 0000 0100 0200 0300 (MOO 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1.7 1.5 1.4 1.3 1.4 1.6 1.9 2.2 2.5 2.6 2.5 2.3 1.9 1.5 1.2 0.9 0.8 0.7 0.9 12
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      Page 46 Advertisements Column 1
      7 46 J INVESTMENT 1 Tomorrow in Business Times
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      Page 46 Advertisements Column 2
      178 46 Tomorrow in Business Times DELMAS SHIPPING (S) PTE LTD APPOINTED AS GENERAL AGENTS FOR QUADRANT CONTAINER LINE FROM SOUTH EAST ASIA TO EAST COAST SOUTH AMERICA Quadrant Container Line, one of the five members of the new Good Hope Express Service (GEX), has appointed Delmas Shipping (S) Pte Ltd as
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