The Business Times, 24 January 1995

Microfilm: NL19766
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KSOW ASIA MITA(P) 194/12/94 Tuesday January 24 1995 75*
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  • 2 am LATEST
    • Article
      Lock icon Exxon chalks up 27% rise in net income
      59 1 Bloomberg Business News IRVING, Texas Exxon Corp yesterday said its fourthquarter net income rose 27 per cent, partly because of special gains. The largest oil company in the United States said its net income rose to US$l.9 billion (552.7 billion), or US$l.53
      Bloomberg Business News  -  59 words
    • Article
      Lock icon US capacity utilisation rate to top 86%
      38 1 Reuter NEW YORK The United States' capacity utilisation rate will top 86 per cent by the end of 1995, putting upward pressure on industrial prices, the Conference Board said yesterday. Reuter
      Reuter  -  38 words
  • Article
    MARKET SUMMARY
    165 1 Stock market indices Monday Change STII 1,916.94 -111.67 KLSEComp 850.10 -35.03 Nikkei 17,785.49 -1,054.7 Hang Seng 6,967.93 -310.17 SET Index 1,191.26 -60.46 Jakarta Comp 436.16 -9.92 CLSA China B 817.31 -12.17 Aust All Ord 1,861.8 -16.6 FTSE 100 2,954.2 -40.8 Monday Previous lpm EST close Dow Jones 3,845.54
    165 words
  • Article, Illustration
    Lock icon Nikkei's shock 1,054-pt plunge rocks region's bourses
    689 1  -  5.5% wiped from Singapore's STII By R Sivanithy SINGAPORE The Straits Times Industrials Index crashed through its 2.000 support level and the Hang Seng through 7.000 as the pullout of foreign funds that started gaining momentum last week accelerated yesterday. Dealers said an
    Source: Bridge Info  -  689 words
  • Article
    Lock icon Dow Jones down 24 at 2 am
    147 1 AFP Reuter NEW YORK Wall Street share prices fell sharply yesterday in the wake of a plunge in Tokyo and on speculation that the Federal Reserve would tighten credit more than expected at the end of the month. The Dow Jones industrial average
    AFP; Reuter  -  147 words
  • Article
    Malaysian market takes a beating
    479 1  -  From Ho Kay Tat in KUALA LUMPUR SHARE prices took a heavy beating yesterday as the big sell-off in Tokyo where the impact of the Kobe earthquake on the Japanese economy has started to sink in contributed to the gloom on the Kuala Lumpur Stock
    479 words
  • Article
    Brunei joins S'pore to take stake in USslb regional fund
    488 1  -  From Yang Razali Kassim in Bandar Seri Begawan OIL-RICH Brunei has joined Singapore in a USSI billion (551.45 billion) regional infrastructure fund to invest in projects in China. Asean, Vietnam and India. Brunei has sunk USSIOO million into the Asian
    488 words
  • Article
    Lock icon Further falls in Tokyo feared
    323 1 Reuter TOKYO After yesterday's plunge in the key Nikkei share index, analysts are predicting further falls as economic fears induced by last week's earthquake pushed other worries to the surface. Stock analysts and brokers said the Nikkei was likely to challenge the 17,000 level soon
    Reuter  -  323 words
  • Article
    Hang Seng plummets 310 points
    369 1  -  From Lim Soon Neo in HONGKONG LARGE sell orders from Japan fears over rising interest rates and uncertainties over the health of China's paramount leader Deng Xiaoping combined to knock 310.17 points or 4.26 per cent off the Hang Seng Index yesterday. The blue-chip index
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      148 1 E«»MT lIWt effect I 3B Available at pharmacies and supermarkets CONTENTS News Companies Spore News 2 S sia 5.6 Regional News 3.4 Financial -8 World News 4 r, a u Markets reatures Clob, KISE. SES 1214 p tL4 5 Regional 10 Eocure EL6 World 10 Sports EL4 Currencies 8 TVRado
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      12 1 *4 Singapore's Consumer Price Index up by 3.6% last year, Pg 2
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      18 1 ,/@];<>&%&\;=&^]\>@_>>,_?,|.%%* More reports, Pg 17 Hock IjKk Siew: bear traps and bankruptcies What David Fuller expects 13 buck downtrend
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      12 1 ,Ja£attT*-» Let top Brunei officials run ke> depts as firms, PR 16
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      72 1 m*:u atn 5%% K*n ft SMKU.) KK£T! ®™FEfIT works! \vailahle at pharmacies and supermarkets Cartier, The Jeweller, works steel like a precious metal. Water mutant to 30m^^Q uartz Cartier movement Large model, automatic Large model S $2550. Medium model, quartz Cartier movement, S $2727^^^55?^ Cartier Cartier boutique/ Singapore Ngee Ann
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Consumer prices edge down
        270 2  -  By Teh Hooi Ling THE Consumer Price Index fell a marginal 0.1 per cent month on month in December 1994, thanks to lower transport and communication costs following lower car prices. Compared with December 1993, the CPI last month was 3.4 per cent higher. For 1994
        Source: Dept of Statistics  -  270 words
    • NEWS ROUNDUP
      • Article
        S'pore permanent site for Pata mart
        95 2 THE ROLE of Singapore as a regional travel hub should get a boost from a decision by the Pacific Asia Travel Association (Pata) to hold its annual Travel Mart permanently here from 1998. A memorandum of understanding was signed on Sunday in Manila between
        95 words
      • Article
        Two new faces on JTC board
        50 2 THE JURONG Town Corporation (JTC) has appointed two new members to its board of directors David Lim, JTC chief executive officer, and Gong Wee Lik, director of the Economic Development Board's services development division. They will each serve a one-year term, effective Jan 1.
        50 words
      • Article
        Dearer PUB gas prices on the way
        94 2 GAS PRICES will rise 5 per cent, or 0.5 cent per unit, in the February-April period. But electricity tariffs will not change. The Public Utilities Board said yesterday higher gas rates were necessary' to meet higher production costs arising from the replacement of
        94 words
      • Article
        Laguna golf club seeks 400 members
        82 2 THE LAGUNA National Golf and Country Club has launched a new membership drive by encouraging members to recruit at least 400 more new members. On introduction, new members have to put down a first-time payment of $26,600 and pay the balance of the fees
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      • Article
        Corrections and clarifications
        45 2 IN OUR "Eye on the Economy" column of Jan 20, we stated incorrectly that November 1994 retail sales fell in real terms by 2.9 per cent from the previous month. Sales actually rose 0.7 per cent. We are sorry for the error.
        45 words
    • Article
      Shareholder rules eased for architect, engineering firms
      271 2 PARLIAMENT yesterday passed two bills that pave the way for architectural and engineering companies to raise capital in the market. The Architects (Amendment) Bill 1995 and the Professional Engineers (Amendment) Bill 1993 relax professional shareholding requirements. The present acts bar nonprofessionals from owning
      271 words
    • Article, Illustration
      SCCCI elects clan representatives in final phase of new system
      176 2 THE Singapore Chinese Chamber of Commerce and Industry yesterday elected seven people representing the major founding clan groups to its 48th council. They are: Kca Meng Cheng (Fujian clan), Tan Meng Kow (Chaozhou), Leong Mun Sum (Guangdong), Lee Peng Shu
      176 words
    • Article
      Dissent that undermines govt will get robust response: PM Goh
      475 2 Yesterday in Parliament THE Government welcomes constructive criticism but dissenting views that undermine it will be met with a "robust" response, Prime Minister Goh Chok Tong told Parliament yesterday. Replying to questions from nominated and opposition MPs on the government's
      475 words
    • Article
      Bills give lift to economic aid schemes, workplace safety
      281 2 A BILL aimed at strengthening economic incentive schemes and another addressing health and safety issues in the workplace were passed by Parliament yesterday. The bills were the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill 1995 and the Factories (Amendment)
      281 words
    • Article
      Futures Trading Act amendment will give bucket shops the boot
      338 2 THE Government yesterday introduced a long-awaited Bill to amend the Futures Trading Act a move aimed at regulating leveraged foreign exchange trading and checking so-called "bucket shops". The move comes after years of abuse and financial scams in the unregulated
      338 words
    • IN BRIEF
      • Article
        Regular dates for polls not possible
        151 2 THE general election could not be held on regular dates because it was not set out in the Constitution. Prime Minister Goh Chok Tong said. He was replying to opposition MP Chiam See Tong who suggested fixing the dates to check illegal betting. "The
        151 words
      • Article
        234 firms axed workers last year
        67 2 SOME 234 companies retrenched about 7,743 workers in 1994 compared with 305 companies and 6,487 workers in 1993. said Labour Minister Lee Boon Yang in a written answer to opposition MP Ling How Doong. But those laid off had no difficulty in finding jobs,
        67 words
      • Article
        77 become PRs under EDB scheme
        52 2 FROM January to November 1994, 77 applicants were granted permanent residence under the Economic Development Board's Entrepreneurs Scheme. Home Affairs Minister Wong Kan Seng said in a written reply to NMP Kanwaljit Soin. Thirty of them were from Hongkong. 15 from Indonesia, and 14
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      • Article
        Pension Fund bill introduced
        75 2 A NEW BILL was introduced to set up a new government fund called the Pension Fund to meet payments of pensions, gratuities. compensation and allowances for the president. MPs and public officers on their retirement or discharge because of death and illness. Four other bills were
        75 words
      • Article
        Higher pay ceiling for Skills fund
        77 2 COME April, the salary ceiling for the Skills Development Fund would be raised from $750 to Si,ooo but the rate would stay at one per cent, said Goh Chee Wee. the Minister of State for Trade and Industry. The government would continue to review
        77 words
      • Article
        Average ministerial bonus in 1993
        84 2 MINISTERS received an average of 1.06 months' pay in performance bonus in 1993, with a maximum of two months. Prime Minister Goh said in a written answer to Mr Ling. In addition, like the civil servants, they also received a one-off special bonus of one-quarter
        84 words
    • Article, Illustration
      US-Japan venture opens $llm chip plant
      353 2  -  By Claire Leow FANUC of Japan and GE Fanuc Automation of the US yesterday opened an $11 million fully-automated plant to make specialised semiconductors for industrial machinery. The joint venture. Fanuc GE Automation Singapore, turns out programmable logic controllers (PLCs) used in machines for
      353 words
    • Article
      Commodity exports slip a little, but still make up a major slice of trade
      462 2  -  By Paul Leo COMMODITY exports fell slightly last year to $9 billion, from $9.1 billion in 1993. But they still accounted for a significant 15 per cent of Singapore's total non-oil entrepot trade. The Trade Development
      462 words
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      141 2 I specialise in selling prrvate properties quickly any size. MBEfJ any shape. I have a track record of transactions even the JSgj big boys will be proud of. My success story couldn't be better told 136 properties in 12 months, all sold! If going with a top Producer is not
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      11 2 Reports by Chuang Peck Ming, Ven Sreenivasan and Quak Hiang Whai
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Malaysia sees China as land of opportunity
      574 3  -  Mahathir says former foe now partner in pursuit of prosperity From Ho Kay Tat in KUALA LUMPUR PRIME MINISTER Mahathir Mohamad said yesterday that China, which for decades Malaysia had treated as a bitter foe, should now be seen as a land of
      Reuter  -  574 words
    • Article
      All settled, says Rafidah
      350 3  -  Singapore-Malaysia petrochemical dispute By Amy Balan SINGAPORE Malaysian International Trade and Industry Minister Rafidah Aziz said yesterday she believed a dispute between Malaysia and Singapore over import restrictions on petrochemical products had been resolved. "To me, it is resolved," Ms Rafidah said in reply to queries
      350 words
    • Article
      Time to expand S'pore-Philippine economic ties, says Cheow Tong
      364 3  -  By Conrad Raj in MANILA THIS year promised to be a very auspicious one for Philip-pine-Singapore relations as the two countries were clearly moving on to a "new and higher plane", said Trade and Industry Minister Yeo Cheow Tong yesterday. Mr
      364 words
    • NOTE BOOK
      • Article
        Lock icon KL to pay police for bribe reports
        92 3 AP KUALA LUMPUR Despite public criticism, authorities will implement a controversial plan to give police officers cash rewards if they report bribe-givers, Malaysia's police chief has said. Several lawyers and consumer associations said it would lead to more abuse of power by policemen,
        AP  -  92 words
      • Article
        Lock icon Habibie defends nuclear project
        101 3 Reuter JAKARTA Indonesia's Minister for Research and Technology B J Habibie has leapt to the defence of plans to build a controversial US$l.2 billion (551.74 billion) nuclear plant in central Java, the official Antara news agency reported. "Preparations for the (nuclear) project started 20 years ago.
        Reuter  -  101 words
      • Article
        Lock icon Viet export project fails to take off
        86 3 AP HANOI Vietnam's biggest export processing zone is a failure because no foreign firms are willing to invest in building factories there, an official report said yesterday. Authorities in the northern port of Haiphong now want to sell the US$l5O million (*****.5 million)
        AP  -  86 words
    • Article
      Lock icon More perks needed to woo investors: Indon minister
      229 3 Reuter JAKARTA Indonesia said yesterday that foreign investors need more incentives to set up shop in the archipelago's remote eastern corner, warning that otherwise overall investment approvals would decline this year. "Approved foreign investment jumped too high in calendar 1994. I don't
      Reuter  -  229 words
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      110 3 xu, v > •< ft 4 /1 r. i "V' 1 CO Arab-Malaysian Credit Berhad RM150,000,000 SYNDICATED GUARANTEE FACILITY Arranger and Lead Manager The Tokai Bank, Limited Labuan Branch Lead Managers Bayerische Landesbank Girozentrale Labuan Branch The Fuji Bank, Limited Labuan Branch The Sakura Bank, Limited Labuan Branch The Sumitomo
      110 words
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      264 3 Marie France Bodyline 7 w Business Times Readers Special! lap —One week only from 23 to 28 January— v fjf Take advantage of the benefits. Walk-in or call for a FREE consultation to recieve.* r^spSl an&l Limited to first SO customers. 1. FREE! One free consultation and Fat Percentage reading
      264 words
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  • CHINA/ HONGKONG/ TAIWAN
    • Article
      HK govt won't interfere in property market: Patten
      404 4  -  From Lim Soon Neo in HONGKONG HONGKONG governor Chris Patten said yesterday the government had no plans to interfere in the falling property market. Speaking to the Foreign Correspondents Club about economic policy, he also called on China, which resumes sovereignty on
      404 words
    • Article
      Speech signals a government in retreat
      474 4  -  From Stephen Vines in HONGKONG MINUTES AFTER Hongkong governor Chris Patten finished making a keynote speech yesterday on the territory's economy, the blue chip Hang Seng Index went into sharp decline. Such is the level of animosity towards the governor in some business circles
      474 words
    • Article, Illustration
      Lock icon So who's got the fattest pig?
      70 4 AFP CHUNGLI, Taiwan Farmers in Chungli, south of Taipei, weighing a 718 kg pig during a swine contest last Friday. Raisers of the heaviest pig will be awarded a pair of special lanterns before the hog is sacrificed to deities early next month. On
      AFP  -  70 words
    • Article
      Lock icon Shanghai firm eyes 60m yuan stake in state bank
      262 4 Reuter SHANGHAI The Shanghai China International Travel Service Co Ltd plans to pay up to 60 million yuan (S$ 10.25 million) for a stake in the Communications Bank of China, a company official said. The plan has the blessings of the
      Reuter  -  262 words
    • Article
      Lock icon Accounts of Deng's health contradict one another
      473 4 Knight Ridder Reuter HONGKONG Conflicting rumours surrounding the health of Chinese patriarch, Deng Xiaoping, continued to surface yesterday. A senior Chinese official told reporters in Kuala Lumpur that Mr Deng remains in "good health" but is prone to the illnesses of old age.
      Knight Ridder; Reuter  -  473 words
    • CHINA WATCH
      • Article
        Lock icon HK inflation rises to 8.9%
        100 4 Bloomberg Business News HONGKONG The colony's year-on-year inflation rate rose to 8.9 per cent in December from 8.6 per cent in November, mainly due to higher vegetable prices, according to Consumer Price Index (A) figures issued by the government yesterday. The CPI (A), which is
        Bloomberg Business News  -  100 words
      • Article
        Lock icon Hanoi told not to survey near Spratlys
        69 4 Bloomberg Business News BEIJING China has told Vietnam not to go ahead with oil surveying near the disputed Spratly Islands in cooperation with Russia this summer, the official Xinhua news agency reported yesterday. Foreign Ministry spokesman Shen Guofeng responded to reports in Vietnamese
        Bloomberg Business News  -  69 words
      • Article
        Lock icon Accountant executed for cheating
        59 4 AFP BEIJING China has executed a government accountant convicted of having embezzled more than I.S million yuan (*****,500) from March 1993 to February 1994, the Beijing Daily said yesterday. Wang Bin, 24, who worked at the Ministry of Nuclear Industry, was executed immediately after the Supreme
        AFP  -  59 words
      • Article
        Lock icon More visitors to and from China
        59 4 Keuter BEIJING A record number of people left and entered China in 1994, the People's Daily said yesterday. A total of 101 million people entered or left the country, up 6 per cent over 1993, of which 90.77 million were Chinese nationals, and 10.45
        Keuter  -  59 words
    • Article
      Lock icon Most Beijing families unhappy with their lot: survey
      435 4 UPI BEIJING The bulk of families living in booming Beijing are dissatisfied with their incomes, yearn for more electrical appliances and arc turning into couch potatoes in their spare time, according to a survey released yesterday. "The changes in Beijingers' family sense
      UPI  -  435 words
    • Article
      Lock icon HK firms must tighten management control: Price Waterhouse
      247 4 Bloomberg Business News HONGKONG If Hongkong companies want to remain attractive to international investors, they must develop new policies for corporate governance, Price Waterhouse said. The accounting firm surveyed the senior management of 100 Hongkong-listed companies, randomly selected by computer, on how
      Bloomberg Business News  -  247 words
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      104 4 Financial SSSSj News Imufll A Quick Look At The I Markets I Call 24 hours a day for I I SES KLSE midday I reports, closing I I market reports and business news. Cost: 30 cents a minute Or^sed by: |^}|]j l]( An SPH AudioTe* Scrvice ACCOUNTS STAFF Qurr AGAIN?
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      422 5 Tlie new LS4OO. Is it tli e lap of luxury or ik e seat of power? jx>u decide. Life, it lias teen observed, is a series of than satisfied with the 2GO horses that, when fully feet, one can also find comfort in power at hand, compromises. A maxim that
      422 words
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  • REST OF ASIA
    • Article
      Lock icon Aussie farmers furious over US about-face on dairy exports to Asia
      438 6 AFP SYDNEY Australian farmers accused the United States yesterday of hypocrisy and cynicism over its announcement of new subsidies for dairy exports to Asia only six weeks after signing a new world free trade agreement. A decision by Washington
      AFP  -  438 words
    • Article
      Lock icon US makes headway in talks with N Korea
      154 6 AP SEOUL North Korea yesterday said talks with US experts on the fate of some 8,000 corroding nuclear rods resulted in "significant progress". The talks were part of the broad US-North Korea nuclear agreement reached in October, under which North Korea promised
      AP  -  154 words
    • Article
      Lock icon NZ may cut taxes next year if economy continues to grow
      309 6 Reuter WELLINGTON New Zealand Finance Minister Bill Birch reiterated that tax cuts may be feasible as early as 1996-97 but said fiscal discipline and economic growth would be needed to make them possible. "As 1 mentioned in the 1994
      Reuter  -  309 words
    • Article
      Lock icon Aussie inflation rate for 4th quarter likely to rise to 1%
      446 6 Reuter SYDNEY Home mortgage interest charges are expected to push Australia's headline inflation rate to around one per cent in the final quarter of 1994, but analysts stressed the underlying inflation rate should nevertheless remain low. But financial markets
      Reuter  -  446 words
    • Article
      Lock icon Quake cuts major Japan transportation artery
      451 6 Bloomberg Business News TOKYO Last week's devastating earthquake in the Kobe area severed a major transportation artery and has impeded the flow of goods and services domestically and internationally, said the Bank of Japan's Osaka branch manager. Because Kobe is in the centre of
      Bloomberg Business News  -  451 words
    • Article
      Lock icon Mitsubishi may stop domestic output because of parts shortage
      327 6 Reuter TOKYO Mitsubishi Motors Corp (MMC) is considering a halt to domestic production due to a possible lack of clutch parts due to last week's earthquake. managing director Taizo Yokoyama said. "MMC can continue output tomorrow and the day after but
      Reuter  -  327 words
    • Article
      Lock icon 2 Dhaka strikers killed in clash with police
      183 6 AFP DHAKA At least two people were shot dead and 50 others were injured yesterday near Dhaka as striking workers clashed with police and pushed the death toll to three on the second day of their nationwide protest, local sources said. Hundreds
      AFP  -  183 words
    • Article, Illustration
      Lock icon Ships of the desert join Indian celebrations
      50 6 Reuter NEW DELHI Members of India's Camel Regiment parading on a New Delhi street yesterday during a rehearsal for the country's Republic Day celebrations on Thursday. military and civil parades will be staged to mark the day India launched its democratic constitution. Reuter
      Reuter  -  50 words
    • Article
      Lock icon India probes alleged cartel of national, private airlines
      252 6 AFP NEW DELHI The Indian government has begun investigating an alleged cartel involving national and private domestic airlines to raise fares and campaign for further cuts in fuel costs. The Monopolies and Restrictive Trade Practices Commission (MRTPC) yesterday also warned the state-run
      AFP  -  252 words
    • ASIA NOTES
      • Article
        Lock icon India to export surplus food stocks
        94 6 AFP NEW DELHI India, sitting on mountains of food stocks that are posing storage problems, may export rice and wheat to China for the first time. The Economic Times reported yesterday. China has submitted a letter of intent to the Indian government, indicating it
        AFP  -  94 words
      • Article
        Lock icon Dhaka to import wheat and rice
        89 6 Bernama-Xinhua DHAKA Bangladesh is importing one million tonnes of wheat and rice as an emergent measure to arrest the current price hike of foodgrain across the country, according to reports here. The public sector is now importing 100.000 tonnes of rice and 500.000 tonnes
        Bernama-Xinhua  -  89 words
      • Article
        Lock icon Din raises heckles of Sydney residents
        109 6 Reuter SYDNEY Howls of protest against noise pollution in Australia's biggest city rose to fever pitch yesterday as Sydney residents threatened to mount legal action, a bizarre protest and their own political party to win silence. The recent opening of a new airport runway,
        Reuter  -  109 words
      • Article
        Lock icon N Korea ups exports to Japan
        68 6 AFP SEOUL North Korea posted a significant gain in its exports to Japan last year, ending a streak of falls since 1990 when the communist state's economic woes deepened. South Korean trade monitors said yesterday. North Korea's exports to Japan began soaring in September
        AFP  -  68 words
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      973 6 (Incorporated In the Republic of Singapore) ANNOUNCEMENT Theßoardof Directors of ASEAN Fund Limited wishes to make the following announcement: AUDITED RESULTS FOR THE YEAR ENDED 31 OCTOBER 1994 31 Oct»4 31 Oct S3 orM (USS 000) (USS 000) I. Investment and Other Income <9.541 30-774 *60.96 •Dividends and Interest Received
      973 words
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      599 7 9 GROUPE OTfNEfDER Merlin Gerin BSquareD Telemecanique ISO 9002 Certification Awarded To P.T. Schneider Manufacturing Batam In the short span of three years, P.T. Schneider Manufacturing Batam, a subsidiary of Groupe Schneider, has been vJXt/ A awarded the prestigious ISO 9CX)2 certification from SGS Yarsley. AV L W Message from
      599 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Shortcomings of UK companies
        71 8 Reuter LONDON More than half of Britain's top 190 public companies fall short of corporate governance guidelines. A report from investment consultancy PIRC, published yesterday, said more than 100 companies surveyed failed to comply fully with the Cadbury Committee's Code of Best Practice published in December
        Reuter  -  71 words
      • Article
        Lock icon Russia not for WTO yet: Sutherland
        88 8 Knight-Ridder MOSCOW World Trade Organisation director-general Peter Sutherland says Russia will not be able to join the organisation before late 1996, at the earliest. The Interfax news agency yesterday Quoted him as saying it was not the case that one single issue blocked Russia's
        Knight-Ridder  -  88 words
      • Article, Illustration
        Lock icon Rose Kennedy, 104, dies
        93 8 AP HYANNIS PORT, Massachusetts Rose Fitzgerald Kennedy (right), whose quiet strength as matriarch of the Kennedy clan saw three generations of the prominent American family through political triumphs and personal tragedies, died Sunday. She was 104. Mrs Kennedy lived her life in the public eye, always
        AP  -  93 words
      • Article
        Lock icon Clarke to seek backing for IMF plan
        74 8 Reuter LONDON British Finance Minister Kenneth Clarke said on Sunday that he would make a new push to win backing for his plan to sell part of the iMFs gold reserves to ease the plight of developing countries. Last year, Mr Clarke asked
        Reuter  -  74 words
      • Article
        Lock icon Santer takes over EU's reins
        66 8 Reuter BRUSSELS Jacques Delors stepped down as European Commission president yesterday, handing over the reins to Jacques Santer after 10 years of steering Europe towards ever closer union. In a ceremony at the European Union executive's Brussels headquarters, Mr Delors welcomed Mr Santer, the former
        Reuter  -  66 words
    • Article
      Lock icon German discount rate too high, says Bundesbank official
      376 8 AFP Bloomberg Business News SCHWERIN, Germany The German discount rate of 4.5 per cent is too high, a member of the policy-making central council of the Bundesbank, Hans-Juergen Krupp, said yesterday. "At the beginning of a phase of economic recovery, a central
      AFP; Bloomberg Business News  -  376 words
    • Article
      Lock icon Hackers using Internet for theft, says paper
      305 8 Reuter NEW YORK Unknown computer hackers have found a new avenue for theft using the international Internet system, a federal security agency has found, the New York Times reported. The paper said the govern-ment-financed Computer Emergency Response Team had found 20 million home,
      Reuter  -  305 words
    • Article
      Lock icon Clinton to tackle Republican challenge in Union address
      459 8 NYT WASHINGTON President Bill Clinton has revived, re-in-vigorated or re-invented himself half a dozen times since he set out to win the White House, and in his State of the Union address tonight, his advisers say, he aims to do so once
      NYT  -  459 words
    • Article, Illustration
      Lock icon Remembering Auschwitz
      63 8 AFP JERUSALEM Auschwitz survivor Zigmun Sobolavsky, wearing concentration camp clothing, paying his respects during a memorial service in the Hall of Remembrance at Yad Vashem Holocaust museum here on Sunday. The service marked the 50th anniversary of the liberation of the notorious Nazi death camp. Mr Sobolavsky survived
      AFP  -  63 words
    • Article
      Lock icon Video CD makers break into two camps in war over standards
      204 8 AFP PARIS Major companies in the emerging market for video compact discs, a key component of the multi-media industry. moved towards a so-called standards "war" yesterday by lining up behind two competing consortia. Sources at the French group Thomson
      AFP  -  204 words
    • Article, Illustration
      Lock icon New Italian PM plans to resign after carrying out reforms
      382 8 Reuter AFP ROME Italy's new prime minister, Lamberto Dini. indicated yesterday that he would resign as soon as he had implemented a limited programme of reforms in a clear pitch for right-wing support in a crucial parliamentary confidence vote. Mr
      Reuter; AFP  -  382 words
    • Article
      Lock icon Higher UK interest rates likely next month: analysts
      454 8 Reuter LONDON The continued robust growth of UK gross domestic product combined with strong inflation data last week have increased the likelihood of an interest rate rise in February rather than March, analysts say. "On balance, I'd favour February. The Bank of
      Reuter  -  454 words
    • Article
      Lock icon Russian minister confident budget will be passed tomorrow
      447 8 Reuter MOSCOW Russian Finance Minister Vladimir Panskov yesterday said he believed parliament would adopt a 1995 draft budget tomorrow, opening the doors to a USS6 billion (558.76 billion) loan from the International Monetary Fund. "They are likely to pass the budget at
      Reuter  -  447 words
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      124 words
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      Page 8 Advertisements Column 2
      24 8 180^737^166 Make the connection through The Straits Times Classified when you're looking for bargains or looking for customers. Just give us a call. CATS.
      24 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      39 9 mkL Hi i^^rvr-T J^m I»\j.' ,.t^^%^i^Srai^B3T* JrF Quite simply the Royal Oak. J" iUDEMARS PIGUET 77?e master watchmakers. Regional Agent: AUDEMARS PIGUET SINGAPORE PRIVATE LIMITED. 250 North Bridge Road #15-03 Raffles City Tower Singapore 0617. Tel: *****13/*****53 Fax: *****01.
      39 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      1144 10 Nothing Beats A Bud. WHERE to wine, dine and entertain OK To our valued customers to usher in a mm M New Year of Happiness and Prosperity, m/™ Bukit Ttmah Open On Pm 31 Jan* 1 Feb 1995 m i ibh 10arn-10.30pm m [Bl! StvswlWuse: Closedon 31 Jan 1995, Ist
      1,144 words
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      Page 10 Advertisements Column 2
      401 10 ra r =^B1 fancy Heijinjj? 7hen, we're delighted to surest the Tine Court for a memorable dining experience. Our lunch. menu offers a variety of dian fin 'Beijing dumplings, a selection O of set menus, and "Beijing specialities Hnl/X, such as Beijing Vuc^, Bafyd Tench and Marinated Lamb. Jancy some
      401 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon An affair to remember
      782 11  -  Bernard Weinraub looks at the Golden Globes party that draws more stars than the respected Academy Awards Bernard Weinraub NYT The annual awards season in Hollywood is defined by two ceremonies that are polar opposites. The prime event, the Academy Awards, which is scheduled for March
      NYT; Reuter  -  782 words
    • Article, Illustration
      Lock icon Courtney flies into turbulence
      250 11 CHATTERBOX AP UPI UPI COURTNEY LOVE is up on charges of harassing people on a plane Down Under. Police say she abused and intimidated crew and passengers on a 90minute Qantas flight from Brisbane to Melbourne. Police later boarded the plane and charged Love with offensive
      AP; UPI; Reuter  -  250 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      406 11 WHERE TO WINE, DINE AND ENTERTAIN ■J Qlde English Eating House I 277 Orchard Rd #02-38 Specialists' Centre S (0923) ||l $2 CBDI J mm When you spend $25/- or more at Fosters for lunch Hp! or afternoon tea from Mon-Sat, show us your valid r M I BV.: daily
      406 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1173 11 I TV RADIO ■nfTTjinrnHi Special: oB^N^MI Ocean Drifters, 9pm, Ch JBHMBH Rodger ;V V» cincmatograproduces documcnon who lJ the currents. Last episode N Cat People, 11pm, a J^B McDowell) Josephine Baker Story, 8.30pm, v\ H Lynn Whitfield plays the L from St Louis V came the 1920s 1 surv Nastassja
      1,173 words
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  • SPORTS
    • Article, Illustration
      Lock icon Edbere buckles under Krickstein's old rackets
      532 12 AP Reuter MELBOURNE Aaron Krickstein called on some trusty old rackets yesterday and did something he hadn't done for five years. Unseeded Krickstein defeated No 6 seed Stefan Edberg of Sweden 6-7 (6-8), 5-7, 6-4, 7-6 (7-5), 6-4 after a three hour-43 minute centre
      AP; Reuter  -  532 words
    • Article
      Lock icon Japan's Sawamatsu defies quake tragedy to gain quarter final slot
      459 12 AFP MELBOURNE Unseeded Japanese player Naoko Sawamatsu fought her way past 11th seeded Mary Joe Fernandez into the women's quarter finals of the Australian Open here yesterday, buoyed by better news from her earthquakeravaged hometown. The consistent, hard-retum-ing Sawamatsu swapped
      AFP  -  459 words
    • Article
      Lock icon Miami hotels full, ticket demand eases
      579 12 Run-Up to Super Bowl XXIX Reuter MIAMI With the Super Bowl only a week away, hotels in Miami were already filled to the brim but demand for tickets to next Sunday's game appeared to be declining amid expectations it will be a blowout. Tickets
      Reuter  -  579 words
    • Article
      Lock icon San Francisco team's timely history lesson
      431 12 AP MIAMI The San Francisco 49ers are vowing to make Super Bowl history by not forgetting their Super Bowl history lessons. The 49ers arrived in Miami on Sunday night thinking about a previous National Football League title game in this city, when the Jets
      AP  -  431 words
    • Article, Illustration
      Lock icon Mud bath
      40 12 Reuter WETZIKON, Switzerland A mud-caked Richard Groenendaal of the Netherlands won Wet/ikon's cross-country cycling race on Sunday, ahead of Switzerland's Beat Wabei and Dutchman Adri van der Poel. The world championships in Eschenbach, Switzerland, begins on Saturday. Reuter
      Reuter  -  40 words
    • Article
      Lock icon Bradley lands LPGA women's tourney
      142 12 AFP ORLANDO, Florida Pat Bradley, who secured her place in the LPGA Hall of Fame in 1991, played one of the best rounds of her career on Sunday to win its inaugural women's golf tournament. "From tee to green, I've never hit the ball better
      AFP  -  142 words
    • Article
      Lock icon Adidas opens office in China
      127 12 AFP HONGKONG Leading sporting goods manufacturer Adidas has increased its presence in China, with the opening yesterday of a representative office in Shanghai to coordinate its marketing efforts, the firm said. The move indicated the firm's commitment to China, and "confidence in the continued prosperity"
      AFP  -  127 words
    • Article
      Lock icon Phoenix Suns clinch victory
      118 12 AFP PHOENIX, Arizona The National Basketball Association's top two teams went head-to-head on Sunday, with veteran Charles Barkley and his Phoenix Suns triumphing 111-110 in overtime over youngster Shaquille O'Neal and the Orlando Magic. Phoenix's Dan Majerle led all scorers with 28 points and Barkley added
      AFP  -  118 words
    • Article
      Lock icon Japanese player helps Ancona to win
      82 12 AFP ROME Motoko Obayashi of Japan helped Ancona win 3-2 (3-15, 15-10, 15-11, 10-15, 15-13) against Rome in the Italian women's volleyball league on Sunday. She scored nine points and won service 17 times, showing brilliance at the net in attack and defence. Thanks
      AFP  -  82 words
    • Article
      Lock icon US seeks China swimming ban
      56 12 Reuter COLORADO SPRINGS US Swimming's board of directors has passed a resolution asking the Pan Pacific Swimming Association to ban the People's Republic of China from competing in this summer's Pan Pacific Championships. Ten Chinese swimmers, including two world champions, tested positive for the use
      Reuter  -  56 words
    • Article, Illustration
      Basketball
      214 12 NEW YORK NBA on Sunday: Chicago 100 Houston 81; New Jersey 103 Washington 109; Indiana 98 San Antonio 93; Minnesota 100 Charlotte 83; Phoenix 111 Orlando 110 (OT); Miami 95 New York 104; Portland 103 Sacramento 87. Standings (W L Pet GB) Eastern Conference, Atlantic Division: 1 Orlando 32
      214 words
    • Article, Illustration
      Cricket
      121 12 JOHANNESBURG South Africa, 230 runs ahead of Pakistan after the first innings, won the oneoff inaugural test between the two sides by 324 runs on the fifth and final day yesterday. Fanie dc Villiers. who took 10 wickets and hit an unbeaten 66 in South Africa's first innings, was
      121 words
    • Article, Illustration
      Golf
      94 12 TUCSON US$l.25 million (Ssl.B million) Northern Telecom Open final round on Sunday (US unless stated); 269 Phil Mickelson 65-66-70-68 270 Scott Simpson 69-65-68-68, Jim Gallagher 68-64-69-69 271 Brett Ogle (Aust) 68-65-68-70 272 Jim Furyk 69-69-67-67. Selected: 274 Joe Ozaki (Jpn) 68-67-70-69, Bob Tway 70-65-69-70. Tom* Kite 71-66-67-70 278 Nick
      94 words
    • Article, Illustration
      Tennis
      98 12 MELBOURNE US$6.2 million Australian Open 4th rd yesterday Men: 10-Yevgeny Kafelnikov (Rus) b 8-Todd Martin (US) 6-1 6-4 6-2; Jacco Eltingh (Neth) b Patrick McEnroe (U§) 6-4 6-4 6-7 (7-9) 5-7 6-4; Aaron Krkkstein (US) b 6-Stefan Ed berg (Swe) 6-7 (6-8) 5-7 6-4 7-6 (7-5) 2-Andre Agassi (US)
      98 words
    • Article, Illustration
      Yachting
      128 12 SAN DIEGO America's Of trials Ist rd oa Sunday Loms Vrittoa Cap (Challenger FHmiadlna Series; each victory worth mm point): Team New Zealand (Peter Blake) b Sydney 95 (Syd Fischer) by 2 minutes and 28 seconds; France 2 (Marc Pajot) b Rioja de Espana by three minutes and 42
      128 words
    • Article, Illustration
      Lock icon Double joy for sub-par Mickelson
      455 12  -  Golf By Larry Dorman NYT TUCSON, Arizona One indicator of greatness in golf is the ability to win while playing below one's standards. By this measure, Phil Mickelson has taken another step towards the upper echelons of the game/ Overcoming a shaky putting stroke and
      NYT  -  455 words
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  • PROPERTY & CONSTRUCTION
    • Article
      Sino Land bid favoured to win development at HK rail station
      463 13 Top HK developers also in running A CONSORTIUM formed by Singa-pore-controlled Sino Land is favoured to win property development rights above Tung Chung station on the new Airport Railway in Hongkong, property sources say. Four bids have been received
      463 words
    • Article
      More private homes, but no big price fall: JLW
      247 13 More than 17,000 private housing units may be put on the this year if plans by developers for new projects are given the go-ahead by the government. Ong Choon Fah, Jones Lang Wootton associate direc- tor of research, says in the
      247 words
    • Article, Illustration
      Lock icon Reaching for the sky
      82 13 Photo by Arthur Lee SINGAPORE There is the Big Four in the banking fraternity. Soon, there will be the Tall Three in the storey stakes. When Hong Leong group's 66-storey Republic Plaza is completed later this year, it will join OUB Centre and (JOB Plaza 1
      Photo by Arthur Lee  -  82 words
    • Article
      Lock icon More gloom likely at HK land auction
      475 13 Reuter SENTIMENT in Hongkong's flaccid property market will be strained again tomorrow with an auction of government land seen drawing another poor response, analysts said. Property analysts widely expect the sale of two of the three lots on offer to fail, with bids
      Reuter  -  475 words
    • Article
      Colliers predicts an island-wide rise in empty shops this year
      379 13 More shops win fail vacant island-wide this year, according to property consultants Colliers Jardine. Writing in the latest issue of Asia Pacific Property trends. Colliers managing director David Govey said: "Vacancy rates island-wide rose in 1994 by 1.5 per cent
      379 words
    • Article
      PROPERTY WATCH
      218 13 Satscted transactions in the past week I I Txmm Sa^{[ lM MM PRIVATE Jan 16,1995 2261 j Lakeside Tower Coodo 1970 99 608,000 309 Jan 16,1995 j 2260 Pare Oasis 1076 j 670,000 623 Jan 17,1995 T 1646 i Bedok Court Condo 2410 99 820,000 340 Jan 17,1995
      218 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      106 13 Harbour View DaHchiHotel Corporate Rates All Are Welcome SUPERIOR dfclQO ROOM qplOO DELUXE fIICO ROOM fIOO S.OM $208* 'Inclusive of I) r«ak f a t and cocktail Reservations, call: toll free *****09/*****91 (8 am 8 pm) *****33 (24 hrs) or Fax: *****81 Prior reservations required and only limited rooms are
      106 words
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      Page 13 Advertisements Column 2
      92 13 x The ONLY English Newspaper r|| available on tht2nd Day of Chinese New Year -p 4 Ist February'9s •A-pJ JIBDBL e~_Zt&( Exclusive Interview; 1 SM Lee Kuan Yew on Singapore Tomorrow vl •Latest Local World News •FREE Cinema Tickets! jjikj? 350 tickets on "Leon" to be given away. Eight "Prosperity"
      92 words
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  • Article
    US realism in South Asia
    514 14 EDITORIAL IN A CLEAR sign that the Cold War is finally over, the United States is transforming its strategic and economic priorities in South Asia. A refreshing sense of realism is dawning on Washington. That development has been highlighted by the visit of US Defence
    514 words
  • WHAT THE OTHERS SAY
    • Article
      Japan shaken but unmoved
      205 14 REELING but resolute, Japan offers an example to the world even in adversity. Last week's Kobe earthquake was a cruel blow but not the worst that the Japanese have endured. About 3,800 people perished in the Fukul earthquake in central Japan in 1948. In 1923, the
      205 words
    • Article
      Recognition for teachers
      199 14 THE TEACHING PROFESSION has been subjected to much debate and scrutiny. While it is said that on the average, teachers command high salaries compared to other civil servants, the high turnover rate is cause for concern. The resignation of many good teachers would have an adverse impact
      199 words
    • Article
      Isolationism is not the answer
      151 14 THE END of the Cold War has not brought about the long-awaited world peace. While the old global political and economic order has been shattered, a new one has not been established. The world is still in turmoil, especially in the former Soviet Union and
      151 words
    • Article
      S Africa must tread warily
      178 14 MOST PEOPLE might have hoped that South African Deputy President FW de Klerk could have chosen a message of peace and cooperation for the opening speech of his National Party (NP) congress, rather than a threat to walk out of its coalition government with Nelson
      178 words
    • Article
      Pinning hopes on tourism
      158 14 PERHAPS one of the greatest challenges that still confronts us in boosting tourism is to educate the average Indonesian to be a good host. It is not easy to admit, especially since we like to pride ourselves on being hospitable people, that all too often visitors
      158 words
    • Article
      States must be sensitive
      164 14 SINCE most private landowners, particularly the poor, do not properly manage and use their property, the government via its agencies can and should come to their assistance. Some private landowners have reached compromises with these agencies, and the result has always been amazing, including the formation
      164 words
  • Article, Illustration
    Lock icon The hard-liners had it right about the Soviets
    809 14  -  Archive material shows that the leadership of the former USSR was indeed an evil, repressive and expansionist regime, says Stephen S Rosenfeld Stephen S Rosenfeld Washington Post THE NEWS about the Cold War is that the archives of the former Soviet Union
    Washington Post  -  809 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      134 14 Get the answers and V more from ncuis/inK vOi Newslink's online database contains hundreds thousands news articles, reports and company profiles dating as far back as 1989. These can be retrieved almost instantly by anyone with a personal computer with a k modem from the comfort of their own office,
      134 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      71 14 PPRU CF\R£TN<ER SOU V6-GOT T 0 I' Do scroew-NG ftSGuT th& fQjA% 6g.RU 1 \f g££--ZIMG-• 9362. J ''•J' 4 ASSOCIATED NEWSPAPERS LTD ttM-ttM I »tjU— POONESBURY GARRY TRUDEAU f «wc? f«m>a/«7r\" ~7 r /m,**/ zFiSsZ now TXeOZAMOFUS. MORHIN6, AfWCtV 0F24 {*£U,TH£*E'S 1 COUUPde FtNPCHJT POVOU journalism mu~ eew rs&stbzsp*
      71 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon The 'Afghanists' were the real worry
      1030 15  -  John Helmer explains why Boris Yeltsin's power is still under threat in Moscow, despite him having the Chechen fighters on the run John Helmer The writer is BT's Moscow Correspondent PRESIDENT Boris Yeltsin may think he's rid himself of the Chechen secession, as Russian
      Reuter  -  1,030 words
    • Article, Illustration
      Lock icon The daunting challenges Kobe faces in rebuilding its economy
      1255 15  -  Earthquake-devastated Kobe needs a massive reconstruction effort and cash infusion to get on its feet again. James Sterngold finds local officials fearing this could mean a reversal of the trend towards deregulation James Sterngold NYT ONE ISLAND of calm in the
      NYT; Reuter  -  1,255 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      286 15 INFBline In English Number Horoscopes (Daily) 8450 The Aquarius Employee; Win Prizes! Entertainment News 8451 Battle Of Songs... Ghost Stories 8452 Am I Dreaming?; Win Prizes! Children's Funland 8453 Grandfather's Clock Face Facts: Mouth 8454 Dreamland 8455 Fandi Ahmad Eating Dream; Dreaming Of F00d... Chinese Almanac (Daily) 8456 Dear Aggie
      286 words
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  • Article
    Lock icon IBM posts glowing 4th-qtr profit of US$ l.2b
    408 16 Reuter Bloomberg Business News ARMONK, New York International Business Machines Corp yesterday said it more than tripled its profit in the fourth quarter to US$l.2 billion (551.74 billion), providing proof that its restructuring effort had paid off. However, it cited concerns over
    Reuter; Bloomberg Business News  -  408 words
  • Article, Illustration
    Let top Brunei officials leave civil service to run departments as firms: SM Lee
    501 16  -  From Yang Razali Kassim in BANDAR SERI BEGAWAN BRUNEI'S top officials should be allowed to opt out of the civil service and run some of the departments handling key services as companies. These companies could then
    501 words
  • Article
    Lock icon Developing countries denounce trade-labour link
    328 16 Reuter NEW DELHI A group of 82 developing countries yesterday unanimously rejected calls by rich nations to link strict labour standards to international trade. The hfth conference of labour ministers of non-aligned and other developing countries adopted a declaration at the end of a five-day
    Reuter  -  328 words
  • Article, Illustration
    Countries must take steps to prevent Mexico-style crisis
    940 16  -  The Bottom Line VIKRAM KHANNA VIKRAM KHANNA FOR sheer caprice, you've got to hand it to the world's money managers. One day, they tout Mexico as the great Eldorado of the 21st century, a First-World economy in the making. The next day.
    940 words
  • Article
    Merrill Lynch's 4th quarter earnings down 53%
    49 16 NEW YORK Merrill Lynch A Co ymcnfcy wd fcwrth quartet cantmp fcfl 3J ptr cnM a* *wumMh 4 Even so. 1994 was Merrill's second heK year. Hie firm's canmigs dedMed 25 per cent to I'M 102 Mho* from Uttl MM to 1091
    49 words
  • Article
    Lock icon Vietnam to set up trade unions in all firms by year-end
    244 16 AFP HANOI Vietnam plans to set up trade unions in all firms operating in the country by the end of the year in a bid to protect workers and prevent labour strikes in non-state-owned companies. The official Vietnam News
    AFP  -  244 words
  • Article
    Lock icon New military hierarchy in the making when Indon army chief goes
    268 16 AFP JAKARTA The imminent departure of Indonesia's army chief and President Suharto's brother-in-law, Wismoyo Arismunandar, marks the first of several changes to the country's military hierarchy, a military source told AFP. Officially, the 55-year-old General Wismoyo has not been
    AFP  -  268 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      219 16 mMrpv c-iumMJ WUCCESS ENSURED BY THE RIGHT CHOICE Beijing Quality, Singapore Reliability Speech Insurance and Mandarin Teaching Part of Khaw And Sons' Total Language Services Nothing can destroy your self-confidence in the middle of a speech more than a laugh from your audience when you don't think you have said
      219 words
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      Page 16 Advertisements Column 2
      58 16 PRIME RESIDENTIAL DEVELOPMENT I SITE CLOSE TO THE CBD j Location: Kim Yam Road, District 9 Large land area of 76,831 sq ft OR Development Guide Plan: Residential BY I!Tj—f (Plot Ratio of 2.8), height up to tNI,ER 30 storeys Closing date: Freehold title February 20,1995 Convenient to shopping at
      58 words
    • Advertisement
      Page 16 Advertisements Column 3
      21 16 Distributor for Nitsuko Keyphone Systems EPABX: SfatfApOßE SINGAPORE COMMUNICATIONS EQUIPMENT CO PTE LTD re/ 2TB 7088 ■Every Call Is A Commitment!
      21 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon S'pore bourse to bottom out in first qtR: market guru
      501 17  -  By Paul Leo SINGAPORE The local stockmarket will bottom out in the first quarter, followed by a very strong rebound, according to international investment adviser David Fuller. He advised clients of Lim Tan Securities at the Westin Convention Centre last
      Photo by Arthur Lee; Source: Bloomberg  -  501 words
    • Article
      Worst still to come for Jakarta index
      199 17  -  From Leslie Lopez in JAKARTA INDONESIAN equities came under strong selling pressure yesterday and analysts warned that the market might slip further in coming weeks. Though it was spared the massive losses incurred by other regional stock markets, brokers said the worst was
      199 words
    • Article
      Panic selling slashes 4.8% off Thai index
      288 17  -  From Loh Hui Yin in BANGKOK A WAVE of panic selling, driven by fears of higher US interest rates and the withdrawal of foreign funds, hit the Thai bourse yesterday, knocking 4.8 per cent off the barometer Stock Exchange of Thailand index. At
      288 words
    • Article
      Japanese funds sell Manila to rebuild Kobe
      289 17  -  From Al Labita in MANILA SHARE prices in Manila tumbled yesterday, sparked by a sudden surge in sales by fund managers with links to Japanese insurance companies. Turnover hit 2.2 billion pesos (Ssl3o million), the highest in a single day this year, indicating
      289 words
    • Article
      Bye-bye buy-buy; and for some, hello bankruptcy
      671 17  -  HOCK LOCK SIEW By Amy Balan SINGAPORE It was hard to find an analyst or a broker who was prepared to call a buy on stocks yesterday. When you have advised bargain-hunt-ing when the Straits Times Industrials Index sank to 2,100, it must
      671 words
    • Article
      Blue chips bear the brunt of rough day
      201 17  -  By R Sivanithy SINGAPORE In a day when blue chips were hammered, gainers were few and far between. In fact, only 13 counters actually managed to end in positive territory. Even so, the magnitude of the rises was described by observers as
      201 words
    • Article
      Pigs might fly, but fung shui index shows turbulence in HK
      238 17 SINGAPORE Those at a loss in working out their Hongkong investment strategy for the current year might want to consider the Credit Lyonnais Securities Asia Fung Shui Index. Now in its fourth year, the index remains light-hearted in its
      238 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        176 17 Market utMcmtes the hkety trading sentiment today, bated am broken polled at 5-6pm yesterday Overnight events may alter sentiment Brokers polled: Alliance, Baring. Daiwa, Fraser. GK Gok. Kay Hum. Morgan Grenfell. OngCo. Nomura, Phillip. Smith New Court. Wl Carr and SG Warburg. NEWS VALUE Tokyo pulls Asian markets
        176 words
      • Article, Illustration
        HOT STOCK
        118 17  -  By Quak Hiang Whai HOW long more will counters such as Pegi Malaysia continue to defy gravity? Going by charts alone, counters like Pegi should be in for a rebound within the next few session or even today. Daily, weekly and monthly RSIs have already moved deep into
        118 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Teledata: stock may be damaged
          56 18 SINGAPORE Teledata says some stoek may have been damaged in a fire yesterday at its premises on the third floor of the Setron Building. Doeuments kept on the sixth floor were not damaged. The goods on the third floor were insured. Customers can contaet Han
          56 words
        • Article
          APB bonus issue gets the nod
          39 18 SINGAPORE Asia Paeific Breweries has received approval from the Stock Exchange of Singapore for a one-for-one bonus issue. The bonus shares will not be entitled to the dividend payout due on Feb 22.
          39 words
        • Article
          Causeway puts money into 2 units
          57 18 SINGAPORE Causeway Investment has increased its investment in two companies, American Dynamics and Formil, through its wholly owned subsidiary Uniweld Holdings. It has taken up another 1.5 million shares at Si apiece in American Dynamics and 460,000 additional shares of $1 in Formil. Both
          57 words
        • Article
          Transpac director quits
          18 18 SINGAPORE Krishnan Menon has resigned from the board of Transpac Industrial Holdings, effective Jan 1.
          18 words
        • Article
          Lock icon Berjaya's pre-tax up 17%
          74 18 Bernama KUALA LUMPUR Berjaya Sports Toto has reported a 17 per cent rise in pre-tax profit to M 566.34 million (5537.59 million) for the half-year to Oct 31, 1994. Turnover rose 24 per cent to M 5504.85 million. Berjaya expects results for the current half to
          Bernama  -  74 words
        • Article
          Lock icon Bigger loss for Setron
          42 18 Bernama KUALA LUMPUR Setron Malaysia has reported a pre-tax loss of MS6I9 million (*****.78 million) for the nine months to Sep 30, 1994. against a pre-tax loss of M 5573 million in the same period in 1993. Bemama
          Bernama  -  42 words
      • Article
        Untitled
        818 18 Payment Ex Books Pay date close date A1SB 50* b 3 Jan 6 Jan 20 Jan 27 Asia Pacific F 20N Feb 6 Feb 10 Feb 22 Avimo 20* F 12.5TE Mar 1 Mar 7 Apr 15 Bcrjaya Group F 6 Dec 12 Dec 27 Jan 26 Cam Mcch 10*
        818 words
      • Article, Illustration
        Lock icon Manila equities market may see 40% rise in capitalisation
        550 18 Reuter MANILA The Manila equities market could see total capitalisation rise by more than 40 per cent in 1995 on the back of a slew of new listings. Philippine Stock Exchange president Eduardo de los Angeles yesterday said: "The target for
        Reuter  -  550 words
      • Article
        Lock icon WCT Engrg eyes property development
        160 18 MBT KUALA LUMPUR Soon-to-be-listed WCT Engineering Bhd may be getting into property development in a big way. The company, which is currently involved in civil engineering with specialty in earthworks for housing development, highway construction and related infrastructure work, is looking at moving into other
        MBT  -  160 words
      • Article
        Aokam says strategic linkup with Idris working well
        303 18 KUALA LUMPUR Aokam Perdana Bhd said the disposal of its 30 per cent stake in its subsidiary. Aokam Industries Sdn Bhd. to Idris Hydraulic (M) Bhd for Ms7o million cash (5539.67 million) will strengthen its relationship with the latter. Aokam Perdana said
        303 words
      • Article
        European distributor buys into IPC unit based in US
        200 18  -  By Joseph Rajendran SINGAPORE German computer distributor Escom has taken a 10 per cent stake for US$lOO,OOO in US-based IPC Peripherals, a move that should boost both companies' strength in major markets. IPC Peripherals, a subsidiary of IPC Peripherals Singapore. plans
        200 words
      • Article
        Osprey buys 50% of local ship management group
        171 18 SINGAPORE Shipowner Osprey Maritime has acquired a 50 per cent stake in a local ship management group for US$4.2 million (SS6.I million). Osprey said yesterday that USS2.2 million of the purchase price represented the consolidated net tangible assets of Thome Shipmanagement group
        171 words
      • Article
        Lock icon CCL says car demand up since COE prices dropped
        164 18 Bloomberg Business News SINGAPORE Vehicle distributor Cycle Carriage Ltd (CCL) said demand for cars has picked up since the end of last year, when prices for certificates of entitlement (COEs) that give holders the right to own a car in Singapore
        Bloomberg Business News  -  164 words
      • Article
        Lock icon Instangreen incorporates four subsidiaries for China operations
        466 18 Bernama KUALA LUMPUR Instangreen Corporation Bhd, which recently acquired 51 per cent of Lamdeal Holdings Ltd (LHL), has incorporated four wholly-owned subsidiaries to implement its operations and proposed development of Zhuhai International Circuit Project in China. Instangreen told the Kuala Lumpur Stock Exchange
        Bernama  -  466 words
      • Article
        Lock icon Drug firm Glaxo makes £8.9b bid for Wellcome
        368 19 Reuter LONDON Europe's leading pharmaceuticals firm Glaxo pic yesterday launched an £8.9 billion (5520.46 billion) bid for Britain's Wellcome pic, in a move which would form the world's biggest drugs company. Glaxo said it was offering £722 cash and 47 new Glaxo
        Reuter  -  368 words
      • Article, Illustration
        Lock icon Tracking the earthquake havoc
        48 19 Reuter TOKYO Japanese businessmen studying a stock price display board yesterday. The Tokyo stock market has declined steadily and shed more than 1,545.77 points since last week's earthquake struck western Japan, killing more than 5,000 people and devastating the port city of Kobe. Reuter
        Reuter  -  48 words
      • Article
        Lock icon French-German telecom venture sees Asia turnover surging to 30%
        416 19 Reuter SINGAPORE Eunetcom, a joint venture between France Telecom and Deutsche Telekom, expects the Asia-Pacific to account for up to 30 per cent of turnover in a few years, a company official said. "We are going to see Asia represent a
        Reuter  -  416 words
      • Article
        Lock icon Board of Santa Fe Pacific spurns US$ 3.6b offer by Union Pacific
        577 19 Bloomberg Business News SCHAUMBURG, Illinois Santa Fe Pacific Corp's board of directors has rebuffed a US$3.6 billion (555.2 billion) takeover offer from Union Pacific Corp, leaving investors to choose between that bid and one by Burlington Northern. Santa
        Bloomberg Business News  -  577 words
      • Article
        Lock icon Expected US rate hike depresses foreign-listed Indian shares
        346 19 Reuter BOMBAY India's overseas listed shares are expected to remain dull in the face of market expectations that the US Federal Reserve will raise short-term interest rates next week, brokers said. "The expected interest rate hike will almost certainly have a further
        Reuter  -  346 words
      • Article
        Lock icon Microsoft and Sony team up to work on video-on-demand
        393 19 NYT TOKYO In a marriage of Japanese hardware and American software, Sony Corp and Microsoft Corp have agreed to work together to develop systems for video-on-demand and other applications of high-capacity communications networks, a Microsoft spokeswoman said on Sunday. The two
        NYT  -  393 words
      • COMPANY BRIEFS
        • Article
          Lock icon HK's Berjaya Holdings in the black
          101 19 Bloomberg Business News HONGKONG Berjaya Holdings (HK), an investment company controlled by Berjaya Group Bhd of Malaysia, reported net profit of HKSIS.9 million (552.98 million) in its fiscal first half ended Oct 31. Most of the profit was due to an exceptional gain of
          Bloomberg Business News  -  101 words
        • Article
          Lock icon Wool worths enjoys record sales
          74 19 Bloomberg Business News SYDNEY Woolworths Ltd, Australia's No 2 retailer, said sales rose 11.2 per cent in the second quarter, producing record first-half sales. The company predicted earnings for the first half would be at least 12 per cent. Sales in the 14 weeks ended
          Bloomberg Business News  -  74 words
        • Article
          Lock icon Eu Yan Sang buys HK property
          116 19 SCMP HONGKONG Hongkong-listed traditional Chinese medicine distributor and supplier Eu Yan Sang yesterday announced the acquisition of three storeys of the Chatham Centre for HK$93 million from Grand Right Enterprises. Under the agreement, Eu Yan Sang s acquisition of premises totalling 9.624 sq ft
          SCMP  -  116 words
        • Article
          Lock icon Motorola China triples sales
          103 19 AFP BEIJING Motorola (China) Electronic tripled its turnover to 2.56 billion yuan (*****.2 million) in 1994. compared with the previous year, the Xinhua news agency reported yesterday. Production increased to 2.82 billion yuan and exports reached USSII3 million, the agency said. Motorola China, created two years
          AFP  -  103 words
      • Article
        Lock icon Shenzhen's B-share quota yet to be fixed
        191 19 Reuter SHANGHAI Shenzhen's US$lOO million (SSI4S million) B-share quota approved by Beijing last year has been held over to this year but the actual volume to be issued will depend on market conditions. A spokesman for the Shenzhen Securities Administration Commission yesterday said:
        Reuter  -  191 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Regional central bankers look at ways to defend currencies
        392 20 Reuter HONGKONG The most powerful bankers in South-east Asia met here during the weekend to discuss plans to defend their currencies against any repeat of the speculation which swept the region's foreign exchange markets earlier this month. The meeting was held
        Reuter  -  392 words
      • Article
        Lock icon Proposed Chinese law will create three insurers
        218 20 Bloomberg Business News BEIJING China's biggest insurer, People's Insurance Co of China (PICC), is to have new competitors, according to an insurance law that is in its first stages of approval. The Moitern Economic Daily. as reported in the Periodical Digest, said the
        Bloomberg Business News  -  218 words
      • Article
        Lock icon Bank of East Asia to set pace in greater disclosure for HK banks
        392 20 Bloomberg Business News HONGKONG Bank of East Asia is about to tell the whole story on earnings. BEA, Hongkong's thirdlargest bank, will disclose total earnings tomorrow for the first time in its 76 years, setting the stage
        Bloomberg Business News  -  392 words
      • Article
        Keppel's joint-venture bank in India opens for business
        270 20 SINGAPORE A joint-ven-ture bank set up in India by the Keppel Group has opened for business. Keppel Corporation said Centurion Bank Ltd, set up by Keppel and 20th Century Finance Corporation of India, was officially launched yesterday with four branches to be
        270 words
      • Article, Illustration
        Lock icon BoJ opens coffers to meet quake victims9 needs
        401 20 BoJ opens coffers to meet quake victims 9 needs Bloomberg Business News Bernama-Kyodo TOKYO The Bank of Japan is pouring money into the banking system to meet surging demand for cash after the Kobe earthquake, a treasury manager at Nippon Credit Bank said yesterday. Yukinobu Kaibe. the Nippon Credit manager,
        Bloomberg Business News; Bernama-Kyodo; Reuter  -  401 words
      • Article
        Lock icon Lloyd's faces £lb bill from disaster: report
        452 20 AFP, Reuter LONDON The massive Japanese earthquake last week is expected to cost the Lloyd's of London insurance market around £1 billion (552.3 billion). Insurance agents told the Sunday Telegraph newspaper that the bill, if confirmed, would be one of the heaviest marine
        AFP,; Reuter  -  452 words
      • Article
        Bank Negara may have made up to M$ 800m from forex dealings
        341 20 KUALA LUMPUR Bank Negara. the Malaysian central bank, is estimated to ha\e made MS7OO million (***** million) to MSBOO million through its management ot foreign exchange reserves over the past year. The Star newspaper yesterday quoted foreign exchange
        341 words
      • Article, Illustration
        Untitled
        1551 20 Irade-Hrttehlrd nuU mhiilultii ateuni\l S/»»«*'» i<i< H wmftut paHHtn. Haw n'Ui IVtf US$/S$ forward rates Noon Jan 23 SS Bid Offer 1-month 1.4446 ***** 2-month 1.4416 1.4431 3-month I.4JOT ***** 6-month 1.4335 1.4335 Soun v (X fU' Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Jan 23 Singapore
        1,551 words
      • Article
        Asian oil little changed as buyers assess positions
        268 20 Bloomberg ENERGY REPORT SINGAPORE Crude oil prices in East Asia were little changed as buyers ot light, lowsulfur supplies continued to assess their requirements for March delivery. Forward supplies of Malaysian Tapis, the Asian benchmark crude, for February delivery were assessed at
        268 words
      • Article
        Lock icon Currency Reports: London
        296 20 Reuter LONDON The dollar tapered off in Europe after an early run-up against a troubled yen while analysts said it was too soon to say the Japanese currency was on the skids. The yen initially was hit by a 5.6 per cent slump in Japanese stocks overnight
        Reuter  -  296 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Futures firm on weak stock markets
        1388 21 SIMEX REPORT Reuter SINGAK)RE Simex Eurodollars and Euroyen futures were firmer at the close as funds switch out of plunging Asian stock markets. "The market got a boost from Asian equity weakness and the yen. Investors were switching to dollars and short term end
        Reuter  -  1,388 words
      • Article
        KL tin price maintains uptrend
        695 21 COMMODITY REPORTS KL tin TIN price, which surpassed the MS 16.00 sen a kg level last Friday. ended 20 sen better to VIS 16.38 per kg on the KLTM. Yesterday's price was the highest in two years due to aggressive buying by foreign and local
        695 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          China may buy Indian rice, wheat
          104 21 NEW DELHI India's govcrnmcnt-run State Trading Corp is negotiating with China to export two to three million tonnes of rice and 200.000 to 300.000 tonnes of wheat, the Economic Times newspaper said yesterday. The newspaper said China had sent a letter to STC about
          104 words
        • Article
          Taiwan discovers natural gas
          131 21 TAIPEI A natural gas pocket with an estimated 2.4 billion cubic metres of gas was recently discovered off the coast of Taiwan, the island's Chinese Petroleum Corp announced yesterday. The pocket, located between 3.34 km and 3.47 km under the sea. is about 100 km west
          131 words
        • Article
          Not enough gold to start mine
          107 21 TOKYO After spending millions of dollars on exploration near Fairbanks, Alaska, Sumitomo Metal Mining has failed to find enough gold to start up a mine, a company spokesman said yesterday. Sumitomo is denying Japanese press reports that the company would soon begin drilling operations
          107 words
    • Article
      COMMODITY PRICES
      1466 21 Rubber Jan 23 Singapore Commodity Exchange Physical Prices (futures dosing as at 5.30p«) In, Mkn As at 12 mod (S cents/kg) RSS 1 Contract (S cents/kg) 555ES2 "22 Monih High Low Sett (tonnes) Interest **SS c > RSS 4 Feb 95 246 25 247.25N Feb 95 255.50 255.50
      1,466 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1130 22 -16.6 SHARES tracked offshore markets to a weaker close, with bearish sentiment sidelining investors ahead of the release of key economic data. "The overseas markets on Friday evening weren't too crash hot," said a broker, adding that weak performances yesterday in Japan and Hongkong increased the level of hesitation
        1,130 words
      • Article
        Manila
        651 22 -41.22 Share prices declined for the second trading day in a row, losing 1.7 per cent on continued jitters over an impending rise in US interest rates, analysts said. The PSE Composite Index tumbled 41.22 points to close at 2,421.43. Turnover was 2.89 billion shares valued at 2.23 billion
        651 words
      • Article
        Taipei
        551 22 -136.95 Stocks retreated across the board in light trading, with all eight major categories of shares posting losses, dealers said. The 420-issue Weighted Price Index lost 136.95 points, or 2.12 per cent, to 6,295.04. Turnover was 1.18 billion shares worth NT547.16 billion. Falls outpaced rises 296 to 40. with
        551 words
      • Article
        Seoul
        491 22 —19.73 Stocks took a heavy fall yesterday, amid worries about tightening monetary controls and, among other concerns, Chinese leader Deng Xiaoping's health. The Composite Price Index plunged 19.73 points to close at 935.38, the lowest for the past five months. Trading was thin with onlv 24 million shares worth
        491 words
      • Article
        New Zealand
        277 22 -9.83 Shares closed weaker after a quiet, holiday-affected session. The market was severely affected by the Wellington regional holiday, with volume a mere NZ$7.l million. The NZSE 40share Index dropped 9.83 points to 1,947.61. Brokers said despite the main index's loss, which was due to the lack of
        277 words
      • Article
        Bombay
        136 22 -102.63 The BSE 30-share Index fell by 2.9 per cent, or 102.63 points, to 3,497.90 as the market was hit by the combined effect of a payments default crisis and a sharp fall in India's overseas shares. The 100-share National Index slipped by 36.09 to 1,704.13. Brokers said that
        136 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        690 22 Britannia Funds Sterling Cash Bid Oder M.m Cap Deposit It MOO 38 6500 Mim Jer*> C".iH .0 1893 0.1992 Mim Ma* Income "0 -WOO *0 9400 I S$ Cash Income Plus Fund 9 5900 10 1100 PS S Reserve Fund 5 3700 5 1800 Median Fruits Furo Performance 0 4592
        690 words
      • Article
        London
        684 22 -40.8 THE leading stock index slid 1.4 per cent to a sixweek low as a slump in Japanese stocks rattled markets worldwide. Glaxo crumbled following its £8.9 billion bid for rival Wellcome. Analysts were dismayed that the prospect of Glaxo's cash being redistributed around the stock market wasn't enough
        684 words
      • Article
        Paris
        145 22 -40.49 French shares dropped sharply in a market with hardly any buyers as investors took fright following big drops in Asian markets. But a higher start on Wall Street, which had fallen previously on fears of an interest rate increase, later braked some of the fall. The CAC-40 Index
        145 words
      • Article
        Frankfurt
        186 22 -37.41 German shares, which lost 1.40 per cent over the bourse session, headed lower still in post-bourse Ibis computer trade as DAX and Bund futures continued to slide and Wall Street opened lower. Shares ended off lows but dealers say further US declines could pull DAX below key 2,000
        186 words
      • Article
        Brussels
        180 22 Belgian shares fell more than one percent as selling depressed the market, which fell in line with other European exchanges. The Bel-20 share Index was down 11.23 points to 1,348.41, after tumbling to a new year low of 1,344.03. Volume was fairly thin and trade mainly among -11.23 professionals,
        180 words
      • Article
        Amsterdam
        279 22 -5.71 Dutch stocks fell to the lowest level in six weeks as last week's earthquake raised concern that Japanese money managers will sell overseas investments to meet the cost of damage at home. "There are a few small problems in the world." said a trader. "First of all the
        279 words
      • Article
        Toronto
        230 22 -63.50 Stocks plummeted in heavy trading, dragged down by embattled foreign markets and continued angst over Canada's fiscal problems. The TSE-300 Index dropped 63.50 points to 4.035.34 in turnover of 7.57 million shares valued at C 5112.00 million. "It's taking a real thumping. All markets are down and nothing's
        230 words
      • Article
        Stockholm
        133 22 -17.42 Swedish stocks suffered their biggest single-day loss since Dec 3 as shares across the world slid on the prospect of rising US interest rates and concerns about the costly aftermath of Japan's earthquake. The benchmark OMX Index of 30 leading stocks fell 17.42 points 1,142.88. Twenty-eight stocks fell
        133 words
      • Article
        New York
        804 22 -23.22 The Dow Jones Industrial Average, which fell 12.78 points on Friday, was down 23.22 to 3.846.21 at I lam EST. The NYSE Composite Index was off 1.65 to 251.73, while Standard Poor's 500-stock Index was down 3.05 to 461.73. Declines pounded advances 1.453-415 among the 2,543 issues
        804 words
      • Article
        Zurich
        315 22 -49.3 Swiss shares extended losses in afternoon trading. Negative factors included sharply lower markets in Asia, the weak dollar, concern about a potential US interest rate hike and the financial crisis in Mexico. Dealers said further developments depended on Wall Street and Asian stock markets. Some had hoped for
        315 words
      • Article
        Johannesburg
        337 22 -114.2 South African industrial shares bore the brunt of the slide on Asian markets in bearish trade, but gold shares managed to post mild gains on a firmer bullion price, dealers said. Traders said the declines, mostly driven by a marked lack of demand, were in reaction to concern
        337 words
    • Article, Illustration
      Lock icon HONGKONG
      3086 23 Bloomberg Business News HONGKONG Stocks suffered their biggest losses in two months amid concern the Federal Reserve will soon raise interest rates, forcing the territory to follow suit. Banks and property companies, the most sensitive to rising rates, led a decline that wiped 4.3 per cent off the Hang
      Bloomberg Business News; Source: Bridge Info  -  3,086 words
    • Article, Illustration
      Lock icon CHINA
      568 23 CLSA H SHARES dropped 3.1 per cent on turnover of HKS66 million. Yizheng Chemical was the only gainer, up 1.1 per cent on the back of strong buying interest from institutional investors. Turnover in the Shanghai B market remained thin at US$4.7 million. Three Pudong property stocks accounted for
      CLSA  -  568 words
    • Article, Illustration
      Lock icon JAKARTA
      1174 23 Reuter JAKARTA Stocks tumbled in nervous trading, in line with heavy falls in the region. "There was heavy selling pressure today, but luckily we were not so badly hurt like other markets. Indonesia might have been spared. But I don't know about tomorrow." a broker said. Brokers said the
      Reuter; Source: Bridge Info  -  1,174 words
    • Article, Illustration
      Lock icon TOKYO
      2473 23 Bloomberg Business News TOKYO Stocks plunged 5.6 per cent to their lowest level in more than a year as mounting concerns about the effects of last week's killer Kobe earthquake on Japan's economy triggered declines across the board. "The damage estimates just keep growing," said a dealer. Pulled down
      Bloomberg Business News  -  2,473 words
    • Article, Illustration
      Lock icon BANGKOK
      1777 23 Reuter BANGKOK Stocks closed down but above the day's low on across-the-board selling led by institutional investors on concerns about a possible rise in US interest rates. The SET Index closed 60.46 points lower at 1,191.26 after diving as low as 1,179.30 on moderate 7.06 billion baht turnover. "Institutional
      Reuter; Source: Bridge Info  -  1,777 words
    • Article
      CLOB INTERNATIONAL
      2327 24 Gr Ur 19*4*5 Inl Vot l)») l«igmM l)n Di« \M N«4 M ap llifh Loo ompans Sale (WO) High iBurn Seller S Or S P/F Smil MALAYSIAN STOCKS 398 160 m MSB 50c 204 -15 16 210 204 204 209 J O -2.9 0 4 20 9 206
      2,327 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices plunge as margin calls add to rate fears
        6648 24 Bloomberg Business News KUALA LUMPUR Stocks plunged for a fourth day to a 16-month low as global interest rate concerns were exacerbated by stock brokers forcing clients to pay back their debt by selling shares. The Composite Index fell 35.03 points,
        Bloomberg Business News; Source: Bridge Info  -  6,648 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8305 25 I *WN»OA»P i Gr M W 1994.95 Ijnl Vol D«) QwX' Ofc Oi» >J4 N« High Ixm (ompmiv Safe (3)001 High law B«>er Seller Cw S P/K Saul Price INDUSTRIAL AMD COMMERCIAL 720» 388 ml s Vina 50c 390 -30 426 420 >88 390 398 8 8 4.7 I I
        8,305 words
      • Article, Illustration
        Lock icon Shares take a beating in line with Japan's decline
        1730 26  -  By R Sivanithy SINGAPORE The local bourse took a savage beating yesterday from foreign investors worried about the health of Asia's emerging markets. After a sharp fall in Japanese equities, the Straits Times Industrials Index collapsed 111.67 points, or 5.5 per
        Source: Bloomberg  -  1,730 words
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      268 17 Closing Share Prices Wll// on the Stock Exchange of Singapore 23rd January, 1995 iSUj! Jardine Matheson (JMH) US$ 6.90 ■DM™ Jardine Strategic (JSH) US$ 3.36 Published by Jardine Fleming International Securities Limited (Incorporated in Bntob VWgin Wands) Once you are on board the Mega Star Aries you know you have
      268 words
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      90 words
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      Page 18 Advertisements Column 2
      168 18 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF UNIOEN SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Cap. 50. the Final Meeting of the members ol the abovenamed
      168 words
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      Page 18 Advertisements Column 3
      66 18 The Riau islands: Five years on '1» R «sing interest rates and stocks I M H W 8 081 investor makes his decisions M Kerry Hill: Architect behind Beaufort JK V Japan's privatisation woes V ft Fund mamagers target the Arab word n Green Column: Wah Chang's green resorts V
      66 words
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      265 19 IN-DEPTH BUSINESS NEWS FROM \Sr22l& SINGAPORE PERSPECTIVE S3r over two decades Singapore Business has covered the local and regional business scenes with more depth J occupatwv j and breadth from a perspective which is J company more relevant to local businessmen than W *9* any other publication. Some may call
      265 words
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      681 21 BUSINESS TIME S TOLL-FREE TEL. No. 1-<OO-741-1883 FAX:74I-1296 THE COUP AMES ACT, CAP. 50 AMSCAM (S) PTE LTD (In Liquidation) At a general meeting of AM SCAN (S) PTE LTD (Xiy convened and held on the 23rd day of January. 1995 the fcflowmg special resolubon *as passed: SPECIAL RESOLUTION That
      681 words
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      Page 21 Advertisements Column 2
      30 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Don't miss Personal Finance Investment in Business Times every Saturday
      30 words
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      81 words
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      Page 24 Advertisements Column 1
      32 24 at over 12 mtitkm estabtipnents, MasterCard puts the whole world in your hands! And it gives yoo easy access to cash ot|380 000| bank ■■hnVa^BM«opi 4ij wk worldwide, in n 1 R
      32 words
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      45 25 A nsi I V I r| 111 V The Inspiration HMdOWice A.D TIE RfnEMMTOIMLPTI LTD 108 Mtfdte toad M642BngM Chamber Singapore 0718 Tel *****77 Fa* *****81 AO TWE WTONATONAI (HK) LTD Tel *****71 F* *****31 Swtartwd AO TIME SA Tel 44UU Fa* *****5 Malaga 4
      45 words
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      1232 26 B_JJ__S__I_N_JE_S_S__XJ[ M E S NOTICE NOTICE IS HEREBY GIVEN that, I STEPHEN THOMAS FOO of #2014 LEONIE HILL ROAD Singapore 0923, have applied for a PUBLIC HOUSE SECOND CLASS Licence in respect of premises at M/s FCL FOODS PTE LTD T/A TEX'S CANTINA at #01-05, 11 SENTOSA EAST MALL, FANTASY
      1,232 words
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      Page 26 Advertisements Column 2
      364 26 rM THE MATTER OF THE COMPANIES ACT, CAP SO AND M THE MATTER OF lIAMMOI——r SINGAPORE PTE LTD (In Mam bars' Voluntary Liquidation) HOnCEOfFtiAI MFFTHfI NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap 50. lhat a Final Meeting of the Members of the abovenamed Company
      364 words
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      333 26 X THE MATTER OF THE 1 COMPANIES ACT, CAP 50 ANO M THE MATTER OF |KF ASIA-PACIFIC PTE LTD On Members' Voluntary Liquidation) MrmCEOFnMAI_MCFnMQ NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act Cap 50. that a Final Mooting of the Members of the abovenamed Company will
      333 words
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  • Shipping Times
    • Article, Illustration
      PSA to spend $40m on R&D over next 2 years
      350 27  -  By Rahita Elias SINGAPORE The Port of Singapore Authority (PSA) will spend $40 million on research and development projects in the next two years. PSA director (engineering) Philip Ng said yesterday $20 million would be spent this year and $20
      350 words
    • Article
      Lock icon Republicans issue shock call for US OPA 90 changes
      417 27 Lloyd's List WASHINGTON The US Congress' newly empowered Republican Party has dropped a bombshell by providing the first public indication that it may reopen the controversial US Oil Pollution Act of 1990 and initiate sweeping changes. It was made clear that
      Lloyd's List  -  417 words
    • Article
      Lock icon New customs order clogging Mombasa Port
      138 27 Reuter MOMBASA Importers grappling with new customs regulations requiring them to produce original documents before clearing goods, say a massive backlog of imports is now clogging Kenya's Indian Ocean port. In addition to all Kenya's seaborne imports and exports, Mombasa handles large quantities of
      Reuter  -  138 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      605 27 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Lines 13 5 Ahrenkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line, The 9 5 Batamindo 7 3
      605 words
    • Article
      Lock icon Pacific Basin Bulk Shipping buys 4 second-hand vessels
      207 27 Bloomberg Business News HONGKONG Pacific Basin Bulk Shipping Ltd said yesterday that it has bought four second-hand ships for USS4O million (SSSB million). The purchase brings to 14 the total number of such ships acquired since the company started trading in the
      Bloomberg Business News  -  207 words
    • Article
      Lock icon Kinnock vows to tackle EU fleet decline
      194 27 Reuter PARIS Tighter enforcement of port and flag state controls, use of second registers and a revival of a proposed European Union shipping register proposal would help reverse the decline in EU fleets, incoming EU Transport Commissioner Neil Kinnock said on Sunday. "The
      Reuter  -  194 words
    • Article
      Lock icon Jordan National Lines posts record profits
      170 27 Reuter AMMAN Jordan National Shipping Lines Company saw pre-tax profits soar nearly three fold in 1994 from the previous year, company officials said on Sunday. The company posted a record 3,750.000 dinars (SS7.B million) in pre-tax profits during 1994 from 1.348.990 dinars in 1993,
      Reuter  -  170 words
    • Article
      DAILY FREIGHTS
      1442 28 THE Baltic Freight Index shed 11 more points to end the week at 2,059 as panamax rates ran out of steam in the Atlantic, shipbrokers said. They reported easier Atlantic grain trades this week, shown by Toepfer's fixture of "Samson" for about 53,000 tonnes heavy grain at US$l6.OO
      1,442 words
    • Article
      TRANSPORT DIARY
      568 28 COURSES Title: International Freight Forwarding I (SDF 70%) Duration: Feb 9 Apr 20 Organiser Singapore Freight Forwarders Association lei: For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Container Management (SDF 70%) Duration: Feb 15 Mar 2 Organiser Singapore National Shipping Association Tel: For further
      568 words
    • Article, Illustration
      Lock icon New optimistic mood of Spanish ports
      1010 29 Seatrade Week Newsfront SPAIN'S shipping industry is experiencing a minor renaissance as signs of an end to economic stagnation are eagerly sought after. In the Canaries, the second ship register is in need of resuscitation. But the shipbuilding and port facilities sectors are showing
      Seatrade Week Newsfront  -  1,010 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      9468 36 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. IBBffND PN: ship calls
      9,468 words
    • Article, Illustration
      Lock icon European frequent flyer plans get generous
      1274 39 Bloomberg Business News HERE'S good news for frequent flyers: just as many US airlines are tightening their awards in mileage programmes, European airlines are becoming more generous. It's about time, too. Two years ago, most European carriers had no programmes at all. Once they
      Bloomberg Business News !  -  1,274 words
    • Article
      SHIPPING AGENTS
      3331 40 •A iS.BC Container! ine NV: Belsin Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Croup: Accord Shpg Pte Lid (SVAccord C ontr Line (PK/PN). Adkris Business Corporation Philippine Calsouree Shpg Trdg Pte Ltd (S) Ahreakiel Liner Service Kim Shpg -Trdg (S). Albatros Sea-Air Service: Frata Shpg
      3,331 words
    • Article
      COURIER SERVICES
      285 40 bat us Couriers Td: 545-8011. Fax: 545-1898. Air Express Iratel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Td: 542-8844. Fax: 542-3716 *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-I ink International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies
      285 words
    • Article
      AIR FORWARDERS
      1527 40 Abe* Fvpress Freight Td: 542-7171. Fax: *****84. Aclinic Forwarder Td: 225-1833. Fax: *****42. Act hair Singapore Td: 542-7822. Fax: *****20. Aeroliak Freight International Td: 545-8033. Fax: *****05. \eraspeed Td: 542-5911. Fax: *****18. Air Cargo No»o Express Td: 542-5454. Fax: *****06 Air Express International Td: 542-7666 Fax: *****74. *****50.
      1,527 words
    • Article
      PORT CONDITIONS
      2438 41 ARGENTINA Santa Fe: No vessels berthed, no vessels in roads, no vessels due. Diamante: One vessel loading, wheat. no vessels in roads, no vessels due. San lorvn/o: Four vessels berthed of which 3 loading soya bean meal pellets, I discharging crude oil. 5 vessels in roads. 16 vessels
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    • Article
      CRUISE & FERRY SCHEDULES
      699 41 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait l)ep Name of \essel ETA ETD Forts of Calls Port Agent telephone No JANUARY 24 24 Columbus Caravdie 1000 2100 Kukup Harpers Shipping 221-1388 Renaissance I 1100 2000 Cruise to Nowhere Renaissance Cruises 222-3388 24 24 The Empress 1200 2030 Cruise to Nowhere Semjom
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    • Article
      SHIP SALES AND TANKER RATES
      1635 41 THE firm trend in the dry bulk market has continued to be the major influence with panamax and handysize bulkcrs still dominating the reported sales. Also there have been some further rumours regarding newbuilding capcsize bulkers including comments that Messrs Golden Ocean arc in close
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    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        691 42 Vesstl Voy Wo Berth Arrival Dqwtwe VwsH Voy No Berth Arrival Departue Jurong Port Batam Speetf ****** P01A 2401 0700 2401 0900 Ai Sahmah 113 116/17 alongside 2401.1300 8m Belait 02£ P02 2401 0100 25 *****0 Batam Mum J1 alongside 2401/2300 Enon Maru 01W6 P03 24 01
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      • Article
        CONTAINER SCHEDULES
        1650 42 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/ Balance Rslts Chip Voy No Etb/Btr Period From To From text* 04GA 25/2000 1A 23/1500 23/1659 23/1900 2A 23/1700 24/0659 24,0900 4 24/1200 24/1459 24/1700 Act Swan 154A 25/1000 IB
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      • Article
        COCKETT BUNKER MARKET REPORT
        858 42 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
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      • Article
        VERITAS BUNKER QUALITY REPORT
        582 42 Carton Carbon »1 Ian 19 Dengty Water Residue Ash AUmum Sednwnt Density Water Residue Ash Afciririun Se&nent MM *MM buon kM* KG IT3 V/V 'MM "MM PPM method KG/M*3 V/V M/M 1 M/M PPM method Eastern USA 180 Ave 986 0 2 13.3 0 08 11
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    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Vietnam Airlines may be growing too fast, says official
        412 44 AFP HANOI Fast-expanding Vietnam Airlines may be growing too quickly for its own good and faces the risk of "over-heating" unless the growth is checked, a senior company executive was quoted as saying on Sunday. Pham Ngoc Minh, the state-owned flag
        AFP  -  412 words
      • Article
        Lock icon Special offers by airlines come under US review
        508 44 NYT NEW YORK Airline advertisements, including those that list one-way fares but require travellers to buy a return ticket, will be scrutinised more closely by the US Transportation Department under a new programme that Secretary Federico F Pena was due to announce
        NYT  -  508 words
      • Article
        GM workers vote on deal to end parts complex strike
        387 44 FLINT, Michigan Workers at a crucial General Motors parts complex overwhelmingly ratified a deal on Sunday to end a four-day strike that forced shutdowns at other GM plants in the United States and Canada. The agreement included a GM commitment
        387 words
      • Article, Illustration
        Lock icon Goodbye to traffic woes
        56 44 Reuter KARACHI, Pakistan A view of a traffic jam in one of the busiest squares of the overcrowded industrial port city of Karachi on Saturday. A French international transport group, Interfina, won a two billion franc (SSSS2.B million) contract on Wednesday to construct a light rail
        Reuter  -  56 words
      • Article
        Lock icon BMW cars to roll off Viet assembly line today
        310 44 AP HANOI German automaker BMW AG is ready to sell its first luxury sedan built by Vietnamese workers, company officials announced on Sunday. The firm plans to roll the 525 model car off an assembly line in Hanoi today. BMW is
        AP  -  310 words
      • LOG BOOK
        • Article
          AIA's LA-S'pore freight service
          69 44 SINGAPORE US-based American International Airways yeSterday launched a weekly 8747 freighter service between Los Angeles and Singapore. Under the new service, its plane will arrive Singapore every Monday at 1 am, before flying off at 3 am on the same day. Singapore is the carrier's third
          69 words
        • Article
          Lock icon Toyota resumes production at plants
          80 44 Knight-Ridder TOKYO Toyota Motor Corp resumed production at all of ils factories in Aichi prefecture and in the Kyushu region on Sunday. Toyota had closed its plants on Thursday night and all day on Friday due to interruption of supplies after last week's powerful earthquake.
          Knight-Ridder  -  80 words
        • Article
          Lock icon Quebec train spills acid load in river
          94 44 AP TROIS-RIVIERES, Quebec A freight train derailed on Saturday, spilling at least 15,000 gallons (57,000 litres) of sulfuric acid into a river and threatening drinking water in several towns. No one was injured in the derailment. The Canadian National train derailed north of
          AP  -  94 words
        • Article
          Lock icon Canadian Air workers killed
          91 44 Bloomberg Business News MONTREAL Canadian Airlines International said three of its workers were killed in an accident at Montreal's Mirabel airport on Saturday night. The workers were killed after being knocked off a truck by a Royal Air Moroc Boeing 747 which was being de-iced at
          Bloomberg Business News  -  91 words
      • Article
        Lock icon Mexican economic crisis puts auto industry on the ropes
        291 44 Bloomberg Business News AFP MEXICO CITY The plunge in the Mexican peso, higher interest rates and a subsequent economic slowdown may bring Mexican auto sales down 40 per cent this year, the magazine Tendencias reported on Sunday. Four foreign carmakers have
        Bloomberg Business News; AFP  -  291 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1416 44 g& nw ra nm n»_ ag nm cu nm n» kbm PfcaM GA974 2245 faluMa SQ969 1720 SQ990 012S Adciakte QF81 1930 QF82 2050 tww SR183 2140 SQ228 2110 Hmm4 VN741 1310 VN740 1410 SH 7 7 iSS SSm 8?!l IS M 96 1920 KL838 2245
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      5 27 I LAW PAGE Business Times
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      28 27 Lines and services represented by Members of the Registry of Accredited s h@b») Shipping Agents, Singapore National ShtDotoo AioctoUda v For adverting enquiries, contact S/vppng Times, re/ 740-2089/740-2090
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      Page 27 Advertisements Column 3
      482 27 'longbeach OAKLAND Arriving every Friday Hotline 316Q23Q B New optimistic mood of Spanish ports, Pg 3 European frequent flyer plans get generous, Pg 13 Vietnam Airlines may be growing too fast: official, Pg 18 SI BCON '95 30-31 March 1995 Raffles City Convention Centre. Singapore BIMERMG: RESPONSIBILITY PROFITABILITY SIBCON. the
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      1848 28 I +mfpffffA I I OTHER DeSTTNATtONS 1 NORTH AMBKCA I I «MT COAT Of mmiL AWCAIHWnAWTA «WYic|i~; ~n WW Q^cZI> O W«tX W «M(O»«CT WI O M WtrrCOA»T) Z |rw |To« [»a su lo* I houstom Icwl ir I mbco Bono wt m u I Fan mm u ki Ir
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      28 28 o o o Q o 0 C LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. ■r 1 Business Times WEBtomAMA
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      723 29 ■SKsotisag) sss^^^ttssfassm, ING AGENCIES gggKgr* 24 3 £&qam bah I DON wst/MDY |SMIH I Ml I WL/WT SB QB P I 15/2 17/2 M. MM CHI* 31/1 14/2 11/2 *MM CMOI 30/1 4/2 11/2 22/2 24/2 M BAJMH CIO2W 1/2 21/2 23/2 M BAIMH CIO2W 1/2 11/2 25/2 1/1 3/3
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      Page 29 Advertisements Column 2
      404 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (BAST COAST) FROM AUBTWAUA (EAST COAST)" ■■Hi jkt kg wr m >n nn w vessel/vov mk syd in ma n n I ssr Ws n lausa m M/ti JO/ei 02/02 is/02 11/02 21/02 2«/« cncouhtd > «M 3 17/01 I 20/01 I A
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      1373 30 11l R DAM LE SOUTH- PORT VOV NO HAMBURG ANTWERP HAVRE AMPTON KELANG S PORE H G K* o TYO SHI KOe NAG THAMES 26/201 VI 5/1 7/1 2*/1 26/1 30/1 HI 7/2 ELBE 25/401 7/1 9/1 nj li! 2£l! HI 7/2 KA| 11/202 10/1 12/1 14/1 2/2 3/2 7/2
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      490 30 IS'pore P.Kelang Loading for FORUM AKASAKA 25/1 30/1 Rdm/Atw/UK/Nantes H VLAHERNA 5/2 9/2 Rdm/Atw/UK/Nantes •Loads E./W. Malaysia. Indonesia I Loading fOr ENERGETIC Dubai/Bahram/Damman/Kuwait SEA VENUS Hodeidah/Jeddafi/Aqaba •Loads Singapore. E./W. Malaysia. Indonesia Loading for DONA V Los Angeles/New Orleans/ I Charleston/Norfolk/Camden H OCEAN EVER Los Angeles/New Orleans/ Charleston/Norfolk/Camden •Loads E./W. Malaysia.
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      1471 30 I NORASIA I HAM BRE rot ANT FEL LHAI a PROE SO4W 27/01 15/02 19/02 20/02 20/02 21/02 21/02 22/02 22/02 23/02 1 SI VALVE 50JW 02/02 21/02 24/02 25/02 25/02 26/02 28/02 27/02 27/02 20/02 .1 SEA EFOEAVOUR 505W 09/02 21/02 03/03 04/03 04/03 05/03 05/03 06/03 06/03 07/
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      1165 31 H STRAITS SHIPPING PTE LTD 10 Ho* Chiang Road #1101 Koppol Towers Singapore 0208 Tol: *****88 Fax: 22M117 NBW QUINSA PACIFIC UHI BaillaHSßiiU ttRSM:, (aswvice op china navigation <x» CARGO™ «l SM.S Sit JUTS VCNTUtt MSOX Muara Lab 25 26 lai 27 ian 2* lan FCC. LCL CONT/UNCR AMO ME
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      Page 31 Advertisements Column 2
      2081 31 W Singapore Agent: V I .Al IFQI IIAfC P&O Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Road. »07-0 l keppel Towers. Singapore 0208 First Class Connections WORLDWIDE 2; 5 ,N K SP F 225 5327/222 7517 EXPORT IMPORT VOY 'mo 'NQ MN SOU ANT AOT HAM OOT M LEH
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      643 31 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUNO PKL PtN IQH S*» WC MO TAI KEE YOK TRY NAG ROB OSK MOI BUS WAN HM 713/NO7O 71/01 22/01 7373 01 79/01 OS/07 14/07 16/02 W/07 14/07 WAN HAI 706/N047 74/01 24/01 zTToi 78 79/01 02/07 04/07 06/07 07/02 13/07 14/07 14/07 WAN KM
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      487 32 tfb JOINT VENTURE Only SAMUDERA INDONESIA C|P RICKMERS Win SINGAPORE CHINA GREEN ERA VOY 3MB 12 JAN QINGDAO DASA SOULUH VOY 3NB OS FEB XINGANG SHANGHAI MXJCEMENT CALL P KELANG INDUCEMENT CALL HK. P GUOANG, 6ELAWAN. TG MAN XIAMEN. ZHANGKGANG UTAMA HARTA g) WEEKLY FULL COMTAINERSHIP FEEDER VESSEL NAME VOY
      487 words
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      Page 32 Advertisements Column 2
      1213 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 fm vsi sm uk mm st« m n» for va s« in hau sm im hyc HMUN SEATTLE OJ6£ 261 OKCT 16/2 17/2 11/2 HANJM KUNSM 1101 28 1 H. KOK 2/3 3/3 5/3 HMUH miXSTONC
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      1281 32 d-1 rl -TET3"T^ m 2*.. ,st 2 6 1 S'l f? T> °S> "5!» IS, 08 m"•»■mmn*lK f> ai n I I GENTRY K OS2 J I'l l'l }*/J U/2 22/2 7/1 9/3 M/l 21/3 21/3 22/3 2J/J 24/3 3/4 13/4 17/4 1»4 1 OFItD AE-OM 30/1 1/2 S/2 «/2
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      2944 33 VARNA constantza (*omania) VM UMASSOL 3 SAILMM rai MONTH f!«{T4» ITU ru «WIMM CMteta«rf«S«Sl4J/»M CmS2wsn 8/L. *****02 oparattam Cvitaim*: *****15 COSTA* SNIPPING PTE LTD Tatax: ***** COSMIP C»imwH»r««: 4205*50 O O. *****85 Camtamtlam* 4205/44 6 S*MtM War «17-00 CB No: **********0 M Fax: *****09 BraaAbmlk Src Oki: *****50 4205/ 30
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      291 33 (j£ FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 30/01 ROTTERDAM 30/01 AARHUS/COPENHAGEN 30/01 HAMBURG/BREMEN 01/02 MARSEILLE/FRANCE 31/01 FEUXSTOWE/UK 30/01 BARCELONA/SPAIN 27/01 LEHAVRE/FRANCE 01/02 GENOA/ITALY 28/01 ANTWERP/BELGIUM 01/02 LOS ANGELES/WC/IPI 27/01 SYDNEY/MELBOURNE 25/01 NEW YORK/EC 27/01 FREMANTLE/ADELAIDE 26/01 VANCOUVER 30/01 BRISBANE 29/01 TORONTO/MONTREAL
      291 words
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      1072 34 ll till frljtfsaumaaamsmfiliaßi iZZIL,... Wtt t y Q y JKT f 1 |~rTiiTT VOY SIN P F I I WANA BHUM 284S W?d_ »/1 JHAHA BHUM Tu. In W~ Thu 2t/1 H jVESSEL I VOV I I BIU BWU < 2Z£LJS**__J«_ I HOT A JADE JAOC33 Wd ~»7i 27/T YANTRA
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      Page 34 Advertisements Column 2
      199 34 uonanetmu nacmc Shipping £J TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU STORE PK LOADW6 FOR GUNS AND ROSES SID SID SID FLU/ROT/ANT/UK ANANGEL WISDOM SID SID FLU/ROT/ANT/UK WORLD AkPHUN MPT 2/2 5/2 FLU/ROT/ANT/UK Loads Sabah, hdonew C R NO. **********0H CONTIPAC SHIPPING PTE LTD T*i: *****32 Fax: *****49 P.K. MULTIPORT SDN
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      Page 34 Advertisements Column 3
      681 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0*1 STRAITS SHUTTLE SERVICE PORT KLANG PENANG VESSEL I VOY I SW PKL VESSEL VOY SW fCW Sf* tAURtI 3S6N n 1 tWEDI ?7.1 tfRI) HOW lAY* *>006 27/1 (FBI) 23.1 (SUN) f *0Q« GtMNI *****K 27 1 ifßli
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      Page 34 Advertisements Column 4
      245 34 r golden line KG GUAN guan shipping IgSsXV (PTE) LTD 23, W Street SNGATOK 01M IU *****11 (II LMES) Far *****04 (C« Ma. **********0*0 ■TRAITt/mtMAIi CULT tMTICK S pore P Mang Penang eaOCN KM Karachi/Dubai Kuwait 27/29 lan GOIDCN STM Karachi, Dubai Kuwait 1/9 Feb 95 qpjjA sektice GOLDEN HOMO
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      812 35 PACIFIC INTERNATIONAL LINES (PTE) LTD J T SBBgSj> M_ 140 Cecil Street. #03-00 PIL Building, Singapore 0106. I 'I 'SSSSSS* Jv CR NO: *****6 7OOOOE I I *iifi*l3|Msl3i^^^^ll]lV|||f E'' Ve«««L VOV MN CMS JIB MOO JED AOJ AO€ PZU MBW ASA :W "OTA KRANI BRNI3S 27/1 1/2 0/2 10/2 12/2
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      Page 35 Advertisements Column 2
      949 35 |»«n *0Y U H*m HAMBURG mAAKS HOTTUPAM WTWIf WUI Of IBM LO7W 24/01 12/0? 17/02 IVM 20/02 *1/02 MLLI Of CAMNA CO7W 02/02 21/02 23/02 25/02 tt/02 27/02 m.U H motta MTW 00/02 oi/w >3/ 3 */M 20/03 07/03_ MUI OAQULA *0711 00/03 10/83 12/03 13/03 14/03 "AISO ACCfPTMB CARGO
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      Page 35 Advertisements Column 3
      561 35 BSfl H. MYANMA iBBk five star line (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdf PAGAN V2I7W M TOUT TAN AH AM V2W SAAED HPA-AN *207* 01/10 Fib MALAYSIA AGENTS SOUSTEAC SHTfMG AGENOES KUL: TU 02-03-*****00 PW. TEL 02-03-30K757 PEN TU 02-04-*****2 PGD TEI 02 07 *****21/4
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      1558 38 AWa Y "m**"- w nun |m ftn I Mono ki [stoki lih I RTM Ihml w| m 5* JMT "~SST BSE/9M 5(12/5012 2111 21.91 B. FO.ANGI 2504 25.01 1102 J2.02 13.M 17tt IB MKMCA 1015 2101 2m 11|2 2012 2102 BS/OM 5010/5011 2101 2101 M> *S* 2514 01.02 1102 1002
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      Page 38 Advertisements Column 2
      462 38 HIMN CONTAINER LINES, INC I f\V\"l nU: MAC-NELB SPORE: 220M8 (24 UNKS) sxsrsrs*. asssjssBs*2»«« PJCELANQ; (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I ASIA HKG/TWN/BKKI GENOA/EUROPE j PKI SM 5 SALMGS/WEEK PEN PK SIN 23/1 24/1 25/1 HK6/BKK/KEE/KHH G'burg/C'hagen/S'holm/Oslo 29/1 30/1 31/1 27/1 28/1 29/1 HKG/BKK/KEE/KHH Piraeus 26/1 27/1
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      21 39 The latest in sea, air and land transportation Shipping Times Monday to Friday SINGAPORE# f m Business Times we atom Am
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      Page 39 Advertisements Column 2
      232 39 I VESSEL VOY SIN MAA SIN SOCOL 4 9501 26-27/01 01-07/02 TIGER CAPE 013N 03 10/02 15 16/ TIGER ISLANO 127N 3a31/OI 05 11/02 16-17/ TIGER BRIDGE 315N 01-02/02 07 13/02 18 19/ TIGER BAY I2BN 0203/02 08-15/02 20-21/ TIGER SPEED 316N 07-08/02 12 18/02 23-24/ I VESSEL VOY SIN
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      Page 39 Advertisements Column 3
      382 39 \2S PQNCNAMA LINE wsai am) up n an ms nc b» MMM Ml* n 01 Jl/M II 02 m m u/n IS M TUSCAS Ml* MM 11 M 21/ M 23 M ummc num M2ft 11,02 n/u m/m m/m it m m/m (una* m 2* 11 m 1* m 22
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      Page 39 Advertisements Column 4
      400 39 UTEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Lines) CR NO.: **********0E ffiliiroMw— whm vmi f (Nation* Lines of EtMopn) ACCEPTING FCL AND CONVENTIONAL Vmn< Voy ETA I Loading For Sporo Abbay Woru «2WB 31/01 Mombasa. Djibouti Assab Matsawa Andinet 38WB 20/03 Mombasa. Djibouti Assab. Mas&awa 0
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      469 43 A HYUNDAI WESTBOUND TO EUROPE BKG: *****61 [PNA nSli PGO VESSELS VOY SM RTM ANT LEH HUM «EJ Fa 25/01 27/01 28/01 H. MNOVATOR 313* »701 ***** 19/02 11/02 19/02 19/02 21/02 01/02 03/02 04/02 H. EXPLORER 315W 06/02 24/02 26/02 25/02 26/02 26/02 21/02 OS/02 10/02 11/02 SEA PROGRESS
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      1041 43 ESgl WT SI QA/P I LAI I OAK CHI I DAL HEM/COL HOU WVC NOR GEORGE WASHN6TON BRB6E MA 25/01 /26/01 30/01 14/02 15/02 16/02 16/02 17/02 17/02 11/02 ALLIGATOR PWOE 57A 02/02 /03/02 19/02 21/02 22/02 ~23/02 "23/02 24/02 24/02 *25/02 Z IttWY UPSON BROGE «1A 09/02 /10/02 26/02
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      308 43 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 M 1.2 1.7 2.3 2.6 2.7 2.6 2.3 1.8 1.4 1.0 0.9 0.8 1.0 1.4 1.8 2.2 2.3 2.3 2.1
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