The Business Times, 2 February 1995
1995-02-02
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The Business Times
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Title Section12 1995-02-02 1 BUSINESS TIMES MITA(P) 194/12/94 Thursday February 2 1995 WE KNOW ASIA 85"12 words
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2am LATEST
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69 1995-02-02 1 Reuter WASHINGTON The Group of Seven will have to explore ways for the international financial institutions to oversee nations' policies more closely once they stop borrowing from those organisations. "That's the kind of institutional question we're going to have to look at inReuter - 69 words
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Article36 1995-02-02 1 Reuter WASHINGTON World Bank president Lewis Preston has been diagnosed with cancer. The bank yesterday said Mr Preston was in New York for medical tests when the cancer was discovered. ReuterReuter - 36 words
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Article56 1995-02-02 1 Reuter WASHINGTON The US Agriculture Department's proposed wheat subsidy allocation for China is not being held up by a looming trade war over intellectual property rights. The USDA general sales manager yesterday said the allocation, expected to be around one million tonnes, was still under review inReuter - 56 words
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Article101 1995-02-02 1 Stock market indices Wednesday Change STII closed KLSE Comp closed Nikkei 18,739.47 +89.65 Hang Seng closed SET Index 1,238.53 +20.79 Jakarta Comp 434.65 +0.82 CLSA China B ..closed Aust All Ord 1,833.1 +2.5 FTSE 100 3,017.3 +25.7 Wednesday Previous 1pm EST close Dow Jones 3,860.34 3,843.86 Average of101 words
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Article, Illustration378 1995-02-02 1 AP FT GENEVA Singapore has been overwhelmingly endorsed to host the founding meeting of the World Trade Organisation (WTO). Delegations from Asia, Latin America and Europe gathered at the WTO's first general council meeting here on Tuesday agreed that the first ministerial conferenceAP; FT - 378 words
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444 1995-02-02 1 Maggie Ford - From Maggie Ford in JAKARTA INDONESIA'S central bank, beset by three multi-million-dollar bank collapses in the past four years, is to increase substantially the information required from banks in an effort to boost supervisors' ability to spot problem areas in advance. Bank Indonesia's director444 words
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351 1995-02-02 1 BANGKOK Former telecommunications magnate Thaksin Shinawatra announced on Tuesday that he was resigning as Thai foreign minister, saying he did not wish to wait for results of a probe of possible conflicts of interest. Though Mr Thaksin has already quit as chairman of Thai351 words
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456 1995-02-02 1 Chuang Peck Ming - By Chuang Peck Ming SINGAPORE Singapore is still the cheapest Asian newly industrialising country for expatriates to live in, says the London-based research firm Employment Conditions Abroad (ECA). Its rankings of the 1994 living costs in 67 countries show South Korea456 words
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445 1995-02-02 1 NEW YORK A key US economic indicator yesterday strengthened the view that US interest rates were set for another rise as the Federal Reserve's policy-setting Open Market Committee met for a second day to discuss the issue. As at 2.15 am445 words
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Article52 1995-02-02 1 US STOCKS rose for a second day amid optimism that Mexico's financial crisis is abating and interest rates won't move much higher this year. At Ipm EST, the Dow Jones Industrial Average rose 16.48 points to 3,860.34 after gaining 11.78 points on Tuesday to close52 words
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396 1995-02-02 1 Reuter AFP TOKYO Buoyed by United States President Bill Clinton's announcement of a financial rescue package for Mexico, stock markets in the region closed firmer yesterday. On Tuesday, Mr Clinton said that Washington would be willing to extend USS2O billion (Ss29 billion)Reuter; AFP - 396 words
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Page 1 Advertisements
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Advertisement169 1995-02-02 1 I3u rberrys; J F J c/- I j Reigns when it pours CONTENTS Regional News 2.3 Financial 7 World News 4 Features Rackets Law 10 Regional 8 Innovation 10 World 9 Sports 11 Currencies 7 TV/lifestyle 13 Simex/Commo 7 Focus 5 Subscription Tel 1800 *****77 Fax *****75 BT Newsdesk Tel169 words
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Advertisement22 1995-02-02 1 JL NF Innovation: Pg 10 k From the lab to the factory Insurance body studies risk of earthquake in S'pore, Pg 222 words
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Advertisement8 1995-02-02 1 Siew: pg 6 Hexindo's offer worth a sho&\8 words
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Advertisement61 1995-02-02 1 ftottattiXJne: p g m B V.- jPrimtosmg infrastructui JCERRfrrimCT US wages up only 3% despite strong growth, Pg 4 j|yU "•■■'-w» J Boutiques: Centrepoint #01-JO Tel:7J7 4509 Paragon By Sogo *01-19 Tel: 734 99J$ Corners: Metro Paragon Metro Marina *Takashimaya S.C. Alio available at Unit PSA Lot 10 Kuala Lumpur61 words
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SINGAPORE NEWS
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EYE on the ECONOMY
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Article, Illustration289 1995-02-02 2 Genevieve Cua - By Genevieve Cua RETAINED imports suited in the fourth quarter with a ycar-on-ycar growth of 20.62 per cent, the strongest quarterly growth in 1994. The surge came after a relatively slow third quarter, when retained imports grew 5.2 per cent, after a rise of 8.4Source: Dept of Statistics - 289 words
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148 1995-02-02 2 SINGAPORE Senior Minister Lee Kuan Yew said he wanted Singapore to go further up the ladder. In an interview with the New Paper yesterday, he said that this meant effort effort on the part of the government to get148 words
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454 1995-02-02 2 Soh Tiang Keng - By Soh Tiang Keng SINGAPORE The General Insurance Association of Singapore (GIA) is now conducting a preliminary study on earthquake risks on the island. This study, conducted by a special committee, will come out with findings and help GIA to decide whether to454 words
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NEWS ROUNDUP
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160 1995-02-02 2 SINGAPORE Prime Minister Goh Chok Tong in his Lunar New Year message said Singapore must retain its core traditional values even as it became more cosmopolitan. "That requires us to manage the external influences so that we absorb the good and filter out the undesirable.160 words
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107 1995-02-02 2 SINGAPORE Australian Treasurer Ralph Willis and Industry Minister Peter Cook said that US fibre optics group Methode Electronics would be relocating its regional office from Singapore to Australia. The move will lead to an investment of AS2O million (SS22 million) over the next five years107 words
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Article, Illustration98 1995-02-02 2 HOPE of striking it rich in the Year of the Pig isn't exactly out of order. Better still, punting on an auspicious day might make all the difference. So, the Lunar New Year celebrations and revelry can wait. This was exactlyPhoto by Arthur Lee - 98 words
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THE REGION
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Article, Illustration512 1995-02-02 2 Reuter AFP SHANGHAI Uncle Sam is getting ready for war, not to defend democracy but to protect Madonna, Microsoft and Walt Disney against Chinese pirates. Trade hostilities between the United States and China threaten to erupt on Saturday. US Trade RepresentativeReuter; AFP - 512 words
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353 1995-02-02 2 Reuter AFP JAKARTA A senior Indonesian naval official has said the archipelago needs to increase substantially the size of its naval fleet, the official Antara news agency reported yesterday. The agency quoted Eastern Fleet Commander Rear Admiral Gofar Suwarno as saying on TuesdayReuter; AFP - 353 words
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305 1995-02-02 2 Reuter TOKYO Nearly 150 members of Japan's ruling coalition have formed a group to prevent parliament from apologising for World War 11. group sources said yesterday. The 143 legislators oppose a planned apology to Asian countries for invading them andReuter - 305 words
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361 1995-02-02 2 But traders cannot expect indefinite special treatment Bernama KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad has asked the European Union (EU) to give Malaysia more time before withdrawing the country's status under the Generalised System of Preferences (GSP). The prime minister saidBernama - 361 words
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491 1995-02-02 2 AFP SYDNEY Health experts say an Australian health scheme which taxes cigarettes to pay for anti-smoking campaigns is competing with tobacco companies for new markets in Asia and the Pacific islands. At stake is said to be the survival of smokers in theAFP - 491 words
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REGION/WORLD
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483 1995-02-02 3 AFP Reuter BEIJING China has ushered in the Year of the Pig to a fanfare effectively proclaiming an end to the era of Deng Xiaoping and the emergence of President Jiang Zemin as the country's top leader. Mr Jiang's midnight appearanceAFP; Reuter - 483 words
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325 1995-02-02 3 AFP HONGKONG A Chinese official called yesterday on "patriotic" Hongkongers to stand as candidates in municipal and legislative elections here, despite Beijing's vow to dismantle the government bodies when it takes over. Zhang Junshcng. deputy director of the Xinhua News Agency China'sAFP - 325 words
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418 1995-02-02 3 Bloomberg Business News SHANGHAI Chinese economic czar Zhu Rongji said Beijing would cool feverish trading in bond futures by lowering yields on state bonds in the months ahead, the official China Business Times newspaper reports. Speaking to delegates at theBloomberg Business News - 418 words
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365 1995-02-02 3 Reuter CANBERRA Asian crime groups, including Chinese triads, Vietnamese street gangs and the Japanese mafia are entrenched in Australia. "Asian organised crime is active in Australia. It is not going to go away and the Australian public need to be given more informationReuter - 365 words
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200 1995-02-02 3 Reuter CANBERRA US Deputy Secretary of State Strobe Talbott received an angry protest over subsidised US dairy exports to Asia from Australia in a meeting with Trade Minister Bob McMullan yesterday. Mr McMullan said he had specifically sought the meeting with Mr TalbottReuter - 200 words
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Article, Illustration442 1995-02-02 3 Reuter WELLINGTON New Zealand's reappearance on the White House guest list marks a turning point for a country which has worked hard to shed its isolation in the South Pacific, officials and analysts say. But its continuing anti-nu-clear policy means there isReuter - 442 words
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Article, Illustration50 1995-02-02 3 Reuter x a 7~ y(mn f I 11 IV1yM iii* r vendor offering passers-by palm fruits and cooked and live palm worms at a street here on Tuesday. A .orrn. m.lk) us.,. a.ailabk oily in »i».er. cos.s 25 kya. (about $8.7 a. .he ofliSll excZ^ Ke?Reuter - 50 words
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443 1995-02-02 3 Reuter SYDNEY Data showing retail sales and building approvals slipping further in December and the current account deficit swinging open to a record high could delay even further the next rise in official interest rates, analysts said. The nextReuter - 443 words
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NOTE BOOK
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Article87 1995-02-02 3 AFP TOKYO The Murayama administration's public disapproval rating topped its approval rating for the first time in six months following criticism of the government's handling of the Kobe earthquake, according to a poll published yesterday. According to the Yomiuri newspaper survey, 44.7 per cent do notAFP - 87 words
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119 1995-02-02 3 AFP NEW DELHI The Indian government plans to clamp down on illegal trafficking in human body parts with a tough law this week providing for stiff prison terms for organ dealers, reports said yesterday. The decision came on the heels of a reportAFP - 119 words
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Article119 1995-02-02 3 Reuter MANILA The son of the late president Ferdinand Marcos formally declared his intention yesterday to run for the Philippine Senate, the Commission on Elections said. Ferdinand Marcos Jr, widely known as "Bongbong", registered as a candidate of the Nationalist People's Coalition, which nowReuter - 119 words
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Article106 1995-02-02 3 Bloomberg Business News SHANGHAI The number of Chinese living below the poverty line rose to 8 per cent of the total population last year from 5 per cent the year before, the official China Business Times reports. The paper did not say what preciselyBloomberg Business News - 106 words
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Page 3 Advertisements
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Advertisement158 1995-02-02 3 HOTELFO^ALE Quality Hotel Auckland Airport The Auckland hotel market is performing strongly, with significant growth in demand. No major hotel has opened in Auckland since 1991. Auckland International Airport handles around 80% of New Zealand's international arrivals. The Quality Hotel Auckland Airport is well positioned to take advantage of this158 words
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Advertisement171 1995-02-02 3 HOTEL FOR SALE SHERATON HOBART HOTEL, AUSTRALIA •Tasmania's I lighest Rated Hotel Net Cash Flow Growth Kntire City Block •Freehold Tide Internationally Renowned Waterfront Location Sheraton Hobart is Tasmania's highest rated international standard luxury hotel. Constructed in 1987 over 13 levels the hotel has recently undergone soft refurbishment. A landmark171 words
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THE WORLD
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WORLD WATCH
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Article97 1995-02-02 4 Reuter WASHINGTON The United States exported 202 billion eigarettes in the first 11 months of 1994, 14 per cent more than in the same period a year ago. the government said on Tuesday. The cigarettes were valued at U554.53 billion (556.57 billion), up 27 per centReuter - 97 words
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Article103 1995-02-02 4 Reuter LONDON Britons were asked yesterday to help locate £40 million (5592.4 million) in loose change which vanished in 1994. A Royal Mint survey estimated 450 million coins disappeared from circulation last year most probably falling through holes in pockets, slipping down the backs ofReuter - 103 words
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99 1995-02-02 4 Reuter VATICAN CITY Some 150 Vatican employees picketed the papal state's employment office on Tuesday to press for more money and better conditions, witnesses said. The protest followed a meeting of workers called by their union, the Association for Vatican Lay Employees, to draw upReuter - 99 words
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111 1995-02-02 4 Reuter STRASBOURG, France The head of a Russian parliamentary delegation to the Council of Europe agreed yesterday that Russia's bid to join should be kept on ice because of the conflict in Chechnya. A committee of the council's parliamentary assembly had urged on TuesdayReuter - 111 words
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108 1995-02-02 4 Reuter PANAMA CITY Panama's National Assembly passed a bill on Tuesday allowing the government to partly privatise the state-run telephone utility, authorities said. By a 44-18 vote, the measure to sell 49 per cent of the National Telecommunications Institute (Intel) passed its third and finalReuter - 108 words
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459 1995-02-02 4 AP WASHINGTON American workers' wages, salaries and benefits rose only 3 per cent last year despite strong economic growth and a sharp decline in unemployment, the Labour Department reported on Tuesday. The increase, the smallest ever recorded since the LabourAP - 459 words
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Article, Illustration75 1995-02-02 4 Reuter MOSCOW Russian president Boris UTtsiftalking to a girl in the Kremlin on Tuesday during a given in honour of talented Russian children. Over 110 winners of inter-school competitions gathered at the Kremlin to celebrate their triumph on the eve of Mr Yeltsin's 64th birthdayReuter - 75 words
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335 1995-02-02 4 AP JERUSALEM The leaders of Israel, Jordan, Egypt and the Palestinians will meet for an unprecedented summit today to find ways to break the stalemate in Mideast pcacc talks. The summit was called to rescue the pcacc process which has beenAP - 335 words
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334 1995-02-02 4 UPI Reuter BRUSSELS A court in Luxembourg on Tuesdav approved a US$l.B billion (552.61 billion) settlement that paves the way for compensation payments to creditors of the collapsed Bank of Credit and Commerce International (BCC1). The ruling by the Luxembourg Tribunal ofUPI; Reuter - 334 words
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358 1995-02-02 4 Reuter CHICAGO Large American retailers cleared the racks of winter goods in January, but business could slow in coming months as consumers feel the sting of higher interest rates, experts said on Tuesday. Many large chains are expected to report today thatReuter - 358 words
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300 1995-02-02 4 AP WASHINGTON Signalling a more activist federal response to problems underscored by Orange County's financial collapse. US Deputy Treasury Secretary Frank N Newman said on Tuesday that regulators were likely to adopt tough new controls on the sales practices of the brokersAP - 300 words
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265 1995-02-02 4 Bloomberg Business News WASHINGTON The world's nations arc less suspicious than they used to be of direct investment in their industries by foreigners, and that helps them economically and politically, said Sir Leon Brittan, European Union Commissioner for External Relations. "The issueBloomberg Business News - 265 words
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143 1995-02-02 4 Reuter BRUSSELS The European Union and the Association of South-east Asian Nations yesterday signed a financing deal for the transfer of renewable energy technology from the EU to Asean. The deal covcrs the second phase of the co-gcncration of biomass (COGEN)Reuter - 143 words
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Page 4 Advertisements
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Advertisement295 1995-02-02 4 MFSline In English Number Your Daily Stars 8450 The Aquarius Man; Win Prizes! Entertainment News 8451 Juicy News Of Michael Crichton, Roxanne Barr, Mariah Carey, Pierce Brosnan A Oprah Winfrey Ghost Stories 8452 Damn Ugly; Win Prizes! Children's Funland 8453 Kufs Wiz Face Facts: Career Region 8454 Dreamland 8455 New:295 words
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Advertisement40 1995-02-02 4 Financial News o A Quick Look At The I I Markets II Call 24 hours a day for I I KLSE midday I reports, I I market reports and Cost: 30 cents a minute Organised by: An SPH AudioTex Service40 words
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Advertisement90 1995-02-02 4 We provide shelf companies and incorporation services in ALL jurisdictions, including British Virgin Islands Cook Islands Cayman Islands Hong Kong Bahamas Western Samoa" Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For further90 words
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FOCUS
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Article, Illustration886 1995-02-02 5 Neil Behrmann - South African economic prospects Reports from Neil Behrmann in LONDON SOUTH AFRICAN economic growth is likely to accelerate when the nation's Reconstruction and Development Programme (RDP) begins in earnest this year. The consensus forecast of South African economists is real growth of just above 3 per886 words
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816 1995-02-02 5 ASIAN corporations arc beginning to invest in South Africa for good reason. The postapartheid nation has achieved what was previously thought impossible, notably political stability and racial harmony. Despite differences between President Nelson Mandela and the former president, FW De Klerk, the816 words
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Page 5 Advertisements
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Advertisement285 1995-02-02 5 WINGTAI WING TAI HOLDINGS LIMITED 5562,000,000 Floating Rate Notes Due 1999 In accordance with the provisions of the Notes, notice is hereby given that the Floating Rate of Interest fpr the period from 2 February 1995 to 2 May ***** is 4.125% per annum with a Coupon Amount of 551,005.82285 words
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Advertisement333 1995-02-02 5 BUSINESS TIMES NOTICES TOLL-PREE TEL. No. rssro -1883 FAX:74I-1296 Kalfarm Finance Limited US$lOO,OOO,OOO Floating Rate Notes due July 1999 Unconditionally and irrevocably guaranted by PT Kalbe Farma In accordance with the terms and conditions of the Notes, the rate of interest applicable for the interest period January 30. 95 to333 words
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Advertisement370 1995-02-02 5 NOTICE NOTICE IS HEREBY GIVEN that, I WOO WAI KHUM PATRICIA of 53 Cairnhill Road #20-03 Cairnhill Plaza Singapore 0922, have applied for a Public House First Class (Extended) Licence in respect of premises at M/s The Royal Peacock Pte Ltd at 47-65 Keng Siak Road, Singapore 0208, and that370 words
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Advertisement371 1995-02-02 5 NOTICE NOTICE IS HEREBY GIVEN that, I EU YEE MING, RICHARD of 245 Orchard Boulevard, Orchard Belair Singapore 1024, have applied for WHOLESALE AND RETAIL LIQUOR SHOP Licence in respect of premises at M/s Eu Yan Sang (S) Pte Ltd at 269 South Bridge Rd Singapore 0105, and that this371 words
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COMPANIES & MARKETS
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390 1995-02-02 6 Al Labita - Associate to lease equipment in return for a cut of turnover From Al Labita in MANILA MALAYSIA'S Berjaya Group has penetrated the Philippines' multi-billion peso gaming market albeit in a roundabout fashion. Its associate company, Philippines Gaming Management Corp (PGMC), has clinched a lotto equipment390 words
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Article, Illustration361 1995-02-02 6 Chew Farn Chyi - By Chew Farn Chyi SINGAPORE Scsdaqlisted Heshe Holdings has entered a joint venture with PT Great River Textiles, a listed company in Indonesia, which will act as agent for Heshe house brands and a number of designer brands. Heshe expects an annual contribution361 words
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338 1995-02-02 6 Reuter NEW YORK International Business Machines Corp will buy back US$2.5 billion (553.6 billion) of its common stock, sending a strong signal to Wall Street that the company is confident in its recent financial turnaround. However, the computer giant on TuesdayReuter - 338 words
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815 1995-02-02 6 William Chia - HOCK LOCK SIEW By William Chia SINGAPORE Some investors must be wondering whether Indonesian heavy equipment supplier PI" Hcxindo Adiperkasa is doing the right thing by not postponing its public share offer. The company is going ahead with plans to list on815 words
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489 1995-02-02 6 Leslie Lopez - From Leslie Lopez in JAKARTA AS KOBE'S residents try to rebuild their lives and the area's economy, the earthquake that devastated the Japanese city appears to hold mixed fortunes for a number of listed companies in far away Indonesia. According to Credit489 words
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COMPANY BRIEFS
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Article69 1995-02-02 6 NST KUALA LUMPUR Gadek (M) Bhd is planning to buy Pernas Precision Engineering Construction Sdn Bhd (Perspec). Perspec, a wholly-owned subsidiary of Perbadanan Nasional Bhd, together with three other Japanese companies won the KL International Airport contract to build the terminal, contact pier and baggageNST - 69 words
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Article107 1995-02-02 6 Reuter SYDNEY Australian Consolidated Investments Ltd (ACIL), a subsidiary of Brierley Investments Ltd of New Zealand, said it has bought a 4.89 per cent interest in Goodman Fielder Ltd. In a statement to the Australian Stock Exchange. ACIL said on-market purchases totalling A 566.53Reuter - 107 words
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Article94 1995-02-02 6 NST KUALA LUMPUR Land General Bhd (L&G), which is proposing a one-for-two bonus issue, has forecast a group pre-tax profit of M 5231.74 million (SSI32 million) for the year ending Dec 31, 1995. This is an increase from the estimated M 5199.5 million in the previousNST - 94 words
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Article67 1995-02-02 6 Bloomberg Business News CAMBRIDGE, Massachusetts Polaroid Corp reported a 46 per cent jump in fourth-quarter net income on a 2 per cent increase in revenue. The Cambridge, Massachusetts-based maker ot instant cameras and him and other imaging products said its net income rose to U5557.3Bloomberg Business News - 67 words
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Article40 1995-02-02 6 Bloomberg Business News SIOUGHTON. Massachusetts Reebok International Ltd said fourth-quarter earnings rose 4.6 per cent to US$53 million (Ss77 million), or 64 cents a share, from US$5O.7 million, or 59 cents a share. Bloomberg Business NewsBloomberg Business News - 40 words
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96 1995-02-02 6 Reuter LONDON Brokerage house Smith New Court pic said it has expanded its operations in India and Pakistan. The company has taken a 51 per cent stake in a joint venture in India with lIT Investrust Ltd. The company will be a full service stockbroker.Reuter - 96 words
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COMMODITIES & FUTURES
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607 1995-02-02 7 Reuter WASHINGTON The Federal Deposit Insurance Corp (FDIC) on Tuesday proposed slashing the premiums banks pay to insure deposits, which could save the industry US$4.6 billion (556.7 billion) a year. Banks could pass on part of those savings to customers through lower borrowingReuter - 607 words
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257 1995-02-02 7 MBT KUALA LUMPUR Three key rubber agencies under the Primary Industries Ministry are expected to merge by the middle of this year. These are the Malaysian Rubber Research and Development Board, the Malaysian Rubber Exchange and Licensing Board and the Rubber ResearchMBT - 257 words
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162 1995-02-02 7 Bloomberg Business News NEW YORK A small bank serving Chinese Americans here sued Bear Stearns for allegedly coaxing it to buy risky mortgage bonds that plunged about 30 per cent last year, when interest rates went up. The China Trust Bank of NewBloomberg Business News - 162 words
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353 1995-02-02 7 FT MELBOURNE Axa. one of France's largest insurance companies, is paying ASI.I billion (551.21 billion) for a 51 per cent stake in National Mutual. Australia's second largest life company. Geoff Tomlinson, National Mutual's managing director, said in Melbourne thatFT - 353 words
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Article721 1995-02-02 7 COMMODITY REPORTS Gold TOKYO: Yen-denominated gold futures were mostly firmer yesterday on the back of yen's drop against the dollar, while silver futures closed weaker, traders said. Yen-denominated gold futures ranged from two yen per gram lower to four higher in quiet trade. Benchmark721 words
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Article1611 1995-02-02 7 SIMEX Feb i DEUTSCHEMARK Open High Low Set! Es» Vol Act/Vol Op/lnt Mar 95 I I I I T Jum 93 Closing range. Mar 95: Jun 95: EMOMUAJt Open High Low Sett Est Vol Act/Vol Op/lnt Mar 95 93.46 93.48 93.44 93.47 64K) 3690 ***** Jun 95 92.851,611 words
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REGIONAL STOCK MARKETS
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Article1180 1995-02-02 8 +2.5 A RALLY in Australian bonds and share futures lifted the bourse to a firmer close yesterday following the release of key economic data, brokers said. The All Ordinaries Index ended at 1.833.1 points, up 2.5 on Tuesday's finish. The All Industrials Index rose 16.1 to 2,715.5 while the1,180 words
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Article700 1995-02-02 8 +56.77 Share prices surged 2.34 per cent on strong across-the-board buying yesterday despite prevailing uncertainty over a possible increase in US interest rates. The PSE Index rose 56.77 points to close at 2,476.89. Turnover was 3.69 billion shares valued at 2.49 billion pesos as local investors returned after a700 words
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Article383 1995-02-02 8 17.23 Share prices recouped nearly all of Tuesday's losses by the close yesterday. The NZSE-40 Capital Index continued its roller coaster ride for the week, gaining 17.23 points to 1,957.057 Volume was a paltry NZ525.3 million with investors sidelined ahead of the FOMC decision on whether the Fed383 words
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Article121 1995-02-02 8 -38.48 Share prices reversed the session's uptrend in the last few minutes of trading on rumours that exchange officials had ordered some brokers with large outstandings to reduce positions, brokers said. The 30-share BSE Index fell 38.48 points to 3,580.06 after falling back from a high of 3,637. The121 words
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Article819 1995-02-02 8 Taipei Jan 26 1$ TT- Vd~ All Siikw Ind 2 70 uncti 104* Asia Cement 5400 0 .50 2*67 (atha> Const r 4150 undt 2180 Catha> Life Ins 180 00 -100 27)8 lung ll»a Bjnk ***** -f 2-00 3233 Cheng Loong 4120 0 50 7827 ChiaHsin Cement 38 40 t819 words
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WORLD STOCK MARKETS
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Article843 1995-02-02 8 4-25.7 BLUE chips ended broadly higher, lifting the Footsie and broader market index to close near the top end of the day's range as investors await further news on expected monetary tightening by US and UK authorities. The FTSE-100 Index closed up 25.7 points at 3,017.3 in moderate volume843 words
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Article566 1995-02-02 8 Vienna hrb I Aich AHA I"0 10 Bank Austria PS J'O unch CA-BV V/ *02 3 EVN I27» 23 Hughafrn 433 »nch Irn/in* 44* f I lokjm 462 unch Maculan Hid V/ "3 2T (IF MI v/ »I2 I V Technologic 1063 14 Vcii*.hcf 25' 3 VertMind UlK A 5*4566 words
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Article185 1995-02-02 8 +23.01 French shares extended their early gains in afternoon trading, buoyed by the gains in the dollar that followed US President Bill Clinton's decision to bypass Congress and offer Mexico a scaled-back aid package. "That removed a big risk from the market, and it's the reason all European markets185 words
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Article194 1995-02-02 8 -5.21 German share prices drifted slightly ofT the day's highs in moderate volume as DAX futures prices eased. Dealers said the market was waiting to judge global debt market reaction to outcome of the FOMC meeting. The Fed was expected to raise rates by 50 basis points. Unchanged rates194 words
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Article184 1995-02-02 8 +5.00 Belgian stocks closed higher amid signs of stronger earnings from domestic companies. Bonds were stable before a decision by the Federal Reserve whether to raise interest rates. The Bel-20 Index of leading shares closed up 5.00 points at 1,358.09. Petrofina, Belgium's biggest industrial group, closed up 0.86 per184 words
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Article305 1995-02-02 8 123.4 South African shares posted substantial gains after bullion climbed and key equity markets rallied on a revamped aid package for Mexico. Dealers said shares had been due for the bounce from heavily oversold levels, but further buying interest was needed to maintain upward momentum. The Overall Index ended305 words
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Article705 1995-02-02 8 +0.67 The Dow Jones Industrial Average, which rebounded 11.78 points on Tuesday, was ahead 0.67 point to 3,844.53 at 1 lam EST. The New York Stock Exchange Composite Index was ahead 0.33 to 256.26, while Standard Poor's 500-stock Index was up 0.60 to 471.02. Advances pounded declines 1,122-638705 words
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Article241 1995-02-02 8 +2.25 Dutch shares closed higher underpinned by the dollar's firmer tone, but with dealers unwilling to hold positions on fears of an adverse reaction to an expected US rate rise by the Federal Reserve. The AEX finished 2.25 points up at 410.36. A clutch of construction and dredging stocks241 words
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Article127 1995-02-02 8 16.10 Swedish stocks surged, tracking bonds and led by Astra, after President Bill Clinton cased concern that Mexico's debt crisis will further rattle world markets and drag down the dollar. Shares also rose on the back of strong year-end earnings reports and optimism for further good corporate profits. The127 words
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Article246 1995-02-02 8 +20.63 Stocks rose in early trade, extending Tuesday's rally on the international aid package for Mexico, with players awaiting news on US interest rates. The TSE-300 Composite Index gained 20.63 points to 4,038.11 on volume of 12.9 million shares valued at C 5198.1 million. Advancing stocks outpaced declines, 152246 words
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Article125 1995-02-02 8 +o.7pc Italian shares closed higher, shrugging off news US ratings agency Standard Poor's was downgrading its outlook for Italy's long term debt to negative from stable. The Mibtel Index ended 0.7 per cent higher at 10,744. Big institutions were not seen buying, with trade dominated by Italian investors and125 words
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Article292 1995-02-02 8 +23.4 Swiss shares closed higher in line with other European markets. Sentiment was supported by the firmer dollar and a US plan to aid Mexico. The broad SPI Index closed up 16.75 points to 1,678.04 while the blue-chip SMI Index was 24.3 higher to 2,561.2, just above resistance at292 words
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Article, Illustration2536 1995-02-02 9 AFP Reuter TOKYO Shares rebounded yesterday, with the leading index closing 0.5 per cent higher, supported by buying of construction and dredging issues. The Nikkei Stock Average of 225 selected issues gained 89.65 points to end at 18,739.47, while the broader Topix Index of all issues in the firstAFP; Reuter; Source: Bridge Info - 2,536 words
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Article, Illustration1830 1995-02-02 9 AFP BANGKOK The Stock Exchange of Thailand (SET) Index, buoyed by US President Bill Clinton's move to help Mexico, added 20.79 points, or 1.71 per cent, yesterday to close at 1.238.53 points. Trading remained light but still was nearly double that of recent days, with 51 million shares worthAFP; Source: Bridge Info - 1,830 words
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Article, Illustration1168 1995-02-02 9 Reuter JAKARTA Share prices ended up slightly ahead of the Federal Reserve meeting today despite talk of another interest rate rise, brokers said. They said provisional figures indicated a slight rise in the index on the back of rises in some big capitalisation stocks. Gainers beat losers by 30Reuter; Source: Bridge Info - 1,168 words
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Page 6 Advertisements
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Advertisement264 1995-02-02 6 ,'fH lit jp rl'iffi 1 f t t IN-DEPTH BUSINESS NEWS FROM SINGAPORE PERSPECTIVE S3r over two decades Singapore Business has covered the local and regional business scenes with more depth J Ur/UrMes/Us _oec U pa W v j and breadth from a perspective which is J company J more264 words
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Page 7 Advertisements
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Advertisement22 1995-02-02 7 ■■nMlKmil 1 BIHm 1 BiMfMMfl 1 liiHililiiU HHHH 1 I Caff 1100- 1 737-1166 f#p SSd' I I I octingod. I 1..........J22 words
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Page 8 Advertisements
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Advertisement223 1995-02-02 8 Discover the unique charm and beauty of classic rosewood furniture from W*h£yw%t+iA*l t%W7 f\ W I Singapore Handicrafts Singapore's leading rosewood specialist. A rosewood u ■fl I masterpiece Wlth lts refinecl lines and exact proportlons Wl H I a see the finest at Singapore's largest rosewood furniture showroom Where jt223 words
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Page 9 Advertisements
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Advertisement34 1995-02-02 9 The Hongkong and China stock markets were closed yesterday for the Lunar New Year Legal discourses in digestible portions. jh e aw p a g e> Every Thursday. rTI Business Times WE KHOW ASIA34 words
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INNOVATION & TECHNOLOGY
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Article, Illustration670 1995-02-02 10 Arti Mulchand - Arti Mulchand meets some NUS dons who have linked their ivory tower with the factory Arti Mulchand SOME say that university research is done by academics for other academics. The founders of local hi-tech company Image Transforms would beg to differ. Engineering professors at670 words
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297 1995-02-02 10 NYT KYOTO, Japan Japanese students of English often have trouble eorreetly hearing, still less pronouncing, the sounds "r" and "I". The problem can be licked by a combination of computer and headset, according to a language research group. ANYT - 297 words
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IN TAKES
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Article79 1995-02-02 10 SINGAPORE The National University of Singapore has signed an agreement with Motorola Electronics to collaborate on research relating to impact resistance of electronic products and components. The project will develop mathematical models that accurately simulate the impact of falls and knocks to consumer products like79 words
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Article, Illustration74 1995-02-02 10 DID MUNICH For motorists attempting to switch lanes, the "blind spot" in the wing mirror is a constant worry. Now Siemens AG has come up with a solution: infra-red sensors built into the vehicle's rear lights. These sensors scan the area on either sideDID - 74 words
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Article117 1995-02-02 10 AP MOUNTAIN VIEW, California Despite years of scepticism, a team of Silicon Valley scientists, backed by some of the Valley's most venerable names, have started another search for signs of extraterrestrial life in space. Backed by US$4 million in donations from some of the founders ofAP - 117 words
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Article85 1995-02-02 10 AP NEW YORK Scientists have produced strong evidence that tiny particles called neutrinos so slight they were long thought to have no mass at all do indeed have mass, and may be some of the most abundant matter in the universe. The New York Times reported onAP - 85 words
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THE LAW PAGE
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Article, Illustration791 1995-02-02 10 Ramesh Divyanathan - Ramesh Divyanathan reports on the Court of Appeal's decision on 1.55 m Acma shares Ramesh Divyanathan A MAJOR legal wrangle in the aftermath of the PanElectric debacle ended late last year when the Court of Appeal decided on the ownership of 1.55791 words
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832 1995-02-02 10 AP THE headlines blared when a woman was awarded US$2.7 million (553.9 million) after spilling hot McDonald's coffee in her lap, and when a jury penalised Ford Motor Co US$l25 million over Pinto cars with exploding gas tanks. But what peopleAP - 832 words
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SPORTS
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Article, Illustration428 1995-02-02 11 Golf AP PEBBLE BEACH, California Coming into the AT&T National Pro-Am, comedian Bill Murray is playing it coy, while golfs leading pros are simply looking for a place to play. I hey scattered up and down the California coast in search ofAP - 428 words
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Article, Illustration640 1995-02-02 11 Superbowl XXIX review AP MIAMI You may not be old enough to remember a sporting custom that used to be observed each autumn. It was a game called baseball and a happening called the World Series. Ask your father about itAP; Reuter - 640 words
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SCORE CARD
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Article, Illustration84 1995-02-02 11 LONDON 1995 World Grand Prix rankings after three events Men: I Herynato Arbi (Indo) 720 pts 2 Hermawan Susanto (Indo) 600 3 Fung Permadi (Tai) 480 4 Lee Kwang-Jin (SKor) 360 5 Joko Supnanto (Indo) 310 6 equal PoulF.nk Hoyer-Larscn (Den) 245 Rashid Sidek (Mai); Allan Budi Kusuma (Indo);84 words
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Article, Illustration133 1995-02-02 11 VIRGINIA WATER, England PG A Kuropean lour leading money winners after the Johnnie Walker Classic, Jan 26-29, the second tournament of the year (x-denotes non tour member); I x-Frcd Couples (US) USS2BO.OOO 2 x-Nick Price (Zim) 143.845 3 Colin Montgomeric (Scot) 108.800 4 Michael Campbell (NZ) 77.936 5 x-Greg133 words
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Article, Illustration30 1995-02-02 11 NEW YORK NHL luesday: Florida I NY Islanders 5; New Jersey 2 BulTalo I; Quebcc 5 Philadelphia 2; Tampa Bay 4 Montreal I; St Louis 7 Anaheim 2.30 words
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Article, Illustration92 1995-02-02 11 SAN DIKGO, California America's Cup 2nd rd trials Tuesday l.ouis Yuitton Cup, challenger series (each victory worth two points): Australia (John Bertrand) b France 2 (Marc Pajot) by I minute 27 seconds; Team New Zealand (Peter Blake) b Nippon (Makota Namba) by 12 seconds; Sydney 95 (Syd Fischer) b92 words
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317 1995-02-02 11 AP MIAMI Move over Joe Montana. Steve Young is set to break your endorsement records, too. After one of the greatest Super Bowl performances. Young will likely move into the upper echelon of sports pitchmen. One estimate places his earning powerAP - 317 words
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238 1995-02-02 11 AP ORLANDO. Florida The popular item in golf shops this year will continue to be oversized clubs, according to the PGA Merchandise Show in Orlando, Florida, which ended on Monday. "Still making the news is oversized equipment, drivers and irons," said JohnAP - 238 words
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675 1995-02-02 11 NYT MIAMI As the only owner of three consecutive Super Bowl rings. Ken Norton Jr was glowing. And after having been on the two-time champion Cowboys, he understood better than anybody why the 49ers now reign and threaten to reign again. "Once I saw theNYT - 675 words
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SIDE LINES
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Article168 1995-02-02 11 AFP WASHINGTON John McEnroe's days of rage on the tennis court may be over, but even after retiring he continues to aim well-directed volleys at players and officialdom. In the February issue ot Tennis magazine, McEnroe criticises the current batch of US players for failingAFP - 168 words
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Article137 1995-02-02 11 AP NEW YORK Retail sales of licensed merchandise for the four major professional sports in North America increased more than 400 per cent from 1988 to 1993. according to Financial World magazine. The magazine said sales for US Major League Baseball. National Football League,AP - 137 words
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92 1995-02-02 11 AFP ATLANTA Atlanta Olympic organisers unveiled revised sketches of the yachting venue for the 1996 Games on Tuesday, promising it would be ready for use by late-July or early August. The venue in Savannah, Georgia's Wassaw Sound, will feature a floating marina where sailorsAFP - 92 words
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72 1995-02-02 11 AP SYDNEY A Supreme Court jury yesterday awarded Australian rugby league international Andrew Ettingshausen U5575,000 (SS 109.000) damages as settlement of a defamation suit. The three-women, one-man jury was told that an earlier hearing found the Australian rugby league player had been defamed when hisAP - 72 words
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Article150 1995-02-02 11 AFP BUENOS AIRES The Argentina grand prix, opening round of the 1995 Formula One world championship on March 12, has been postponed until April 9, the Buenos Aires race director said here on Tuesday. Rafael Fossaceca announced that the International Autosport Federation and the Formula OneAFP - 150 words
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Article, Illustration484 1995-02-02 11 Reuter SAN DIEGO. California Peter Blake and Team New Zealand eked out a narrow win after battling Makota Namba's Nippon all the way round the course on Tuesday in the most intense race at these America's Cup trials to-date. "ItReuter - 484 words
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Page 12 Advertisements
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Advertisement1104 1995-02-02 12 Hn£ BeatsA BucL Hrffi'ifl where t wine dine and entertain OP C? To our valued customers Join us, at PASTA FRESCA to usher in a mm New Year of Happiness and Prosperity, Bukit Amah s Open On mm 31 Jan 1 Feb 1995 in 10a,n 1 30pm ®L LJ" BoatQuajpPdpen1,104 words
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Advertisement290 1995-02-02 12 Toss To Prosperity Start the Year of the Golden Pig with Pine Court's Prosperity Yu Sheng. Partake in the ceremonial tossing of raw fish salad for a year of abundance, good health and prosperity. HwSawrr For reservations, please call 831 6262/6. rotauayt —f— 333 Orchard Raid, Singapore 0923 Td 737290 words
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LIFESTYLE
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Article, Illustration589 1995-02-02 13 Barbara Lewis - Barbara Lewis finds out what Bombay's long-established Prithvi Theatre is offering at its annual festival Barbara Lewis AFP Theatre troupes from the world over performing in English, French, Punjabi, Marathi and Japanese will flock to Bombay from today to steal a little limelight fromAFP - 589 words
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Article, Illustration555 1995-02-02 13 CHATTERBOX AP AP AP Reuter LONDON There were raves for the wave on Tuesday. Princess Diana's sleek new hairdo, unveiled on Monday in New York, got a thumbs-up from hairdressers back home. "It is not the Diana we know, but it was time sheAP; Reuter; AFP - 555 words
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Page 13 Advertisements
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Advertisement451 1995-02-02 13 WHERE TO WINE, DINE AND ENTERTAIN y I Olde English Eating House I MM 277 Orchard Rd #02-38 Specialists' Centre S (0923) ||J MM When you spend $25/- or more at Fosters for lunch mm Hp or afternoon tea from Mon-Sat, show us your valid Ml daily or monthly CBD451 words
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Page 13 Miscellaneous
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Miscellaneous1008 1995-02-02 13 TV RADIO Channel 12 10 30 N<ws 5 Tonight 4.00 Kyoshi Bin Bin (M). 11.00 Models, Inc Blind By 4.30 Simfoni Kasih. 6.00 PM Sesame Street. Love (Stereo). 5.30 Alfred i Kwak (Cartoon). 7.00 Old Mac Donald's Sing-A- U-S5 MN The Secrets of Lake 6.00 Regional News. Along Farm (Stereo).1,008 words
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487 1995-02-02 14 Catherine Ong - World Economic Forum Reports by Catherine Ong in DAVOS BILLIONAIRE fund manager George Soros is concerned about the outlook for China in the wake of the Mexican currency crisis but does not expect foreign direct investments in South-east Asia to487 words
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395 1995-02-02 14 THE BUILDING of the global information highway should be left to the private sector and government should not stille its development with regulations. business leaders meeting in this ski resort said on Tuesday. Speakers at a panel discussion on the topic. "The coming of395 words
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Article, Illustration706 1995-02-02 14 MEDIA baron Rupert Murdoch expects his loss-making Star TV to make money by 1998, but has ruled out any benefit for the regional network from last week's explosion of China-backed broadcasting satellite, Apstar2. Mr Murdoch told BT in an interview thatAFP - 706 words
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431 1995-02-02 14 Reuter DEARBORN. Michigan Ford Motor Co yesterday reported sharply higher earnings for the fourth quarter and all of 1994. easily topping its bigger rival General Motors Corp as the most profitable car company in the world. Ford's 1994 earnings ofReuter - 431 words
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284 1995-02-02 14 Anthony Rowley - From Anthony Rowley in TOKYO JAPAN'S chief cabinet secretary Kozo Igarashi last night denied that the government was considering a rise in the national consumption tax in order to help finance reconstruction after the Kobe earthquake. Analysts said, however, that income284 words
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Article, Illustration883 1995-02-02 14 S N VASUKI; S N VASUKI - The Bottom Line S N VASUKI S N VASUKI The writer is a BT correspondent specialising in regional infrastructure THE devil is in the details: This is a popular comment from senior executives of multinational corporations when asked about the dramatic policy changes883 words
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344 1995-02-02 14 MILAN Silvio Berlusconi, the former Italian prime minister already facing bribery charges, is under a new investigation for alleged false accounting, the Italian newspaper Corriere delta Sera reported yesterday. The case, which is documented in the register of prosecution enquiries in Milan,344 words
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249 1995-02-02 14 Bloomberg Business News Reuter AMSTERDAM Damage caused by flooding of the Maas. Waal. Rhine and IJssel rivers in the Netherlands could easily top 10 billion guilders (558.55 billion). ABN' Amro Bank NV said in a note to investors. None of that damage is insuredBloomberg Business News; Reuter - 249 words
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Page 14 Advertisements
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Advertisement6 1995-02-02 14 I^MARKETlfi™ 1^ Tomorrow in Business Times6 words
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Advertisement6 1995-02-02 14 IPwCRKETIN™ I Tomorrow in Business Times6 words
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SHIPPING TIMES
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Article, Illustration318 1995-02-02 15 Rahita Elias - By Rahita Elias SINGAPORE Evergreen Marine Corp of Taiwan will resume its Caribbean Sea service after a nine-year gap. The company will launch a container service in April, using two B-type feeder ships the Ever Bridge and the Ever Better. The ships,318 words
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297 1995-02-02 15 NYT TOKYO The government hopes to make cranes and warehouses at ports more earthquake-resistant, especially in the vulnerable Tokyo and Tokai regions, so that they can remain functional even after a big temblor, Transportation Ministry sources said on Monday. The ministry, after examiningNYT - 297 words
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322 1995-02-02 15 AFP TAIPEI Five years ago, the Taiwanese government granted permission for the radio ship Goddess of Democracy to dock here and transmit messages of freedom into China in what was hailed as an heroic act. But the ship has now become a political hot potatoAFP - 322 words
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602 1995-02-02 15 Page Col AbleShpg 7 4/5 Accord Group g 1-3 ACL 9 1/2 •Ahlers Lines 13 5 Ahrcnkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line, The 9 5 Batamindo602 words
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362 1995-02-02 15 Reuter AMSTERDAM Virtually all inland river shipping has been banned in the Netherlands as a result of severe flooding, an official of the Dutch ministry of transport and waterways said this week. "No barge traffic is now possible to Germany," JanReuter - 362 words
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352 1995-02-02 15 Bernama KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad wants international shipping lines to stop discharging wastes which could cause pollution to the Straits of Malacca. He said although the straits were international waters, any pollution to them would burden theBernama - 352 words
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Article2115 1995-02-02 16 ACTIVITY remained subdued for most sizes on the freight market with holidays continuing to overshadow trading, brokers said. However there were signs of a slight increase in new business for Panamax tonnage both in the Atlantic and Pacific areas, brokers said. Cargill opened with a Feb 15-24, 52,000-tonne2,115 words
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Article196 1995-02-02 16 COURSES Title: International Freight Forwarding 1 (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 further196 words
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Article, Illustration603 1995-02-02 17 Lloyd's List THE potential for port development and maritime infrastructure projects throughout the whole of South-east Asia has been responsible for the significant strengthening of British Maritime Technology's BMT (Asia) operation at its headquarters in Bangkok. "Key opportunities" in port development throughout Thailand and anLloyd's List - 603 words
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10116 1995-02-02 24 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. LE6CNO PN: ship10,116 words
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Article, Illustration1110 1995-02-02 27 FT FIERCE competition in European bus manufacture is leading to reorganisation and rationalisation. As a result, the past 12 months have seen extensive ac- tivity in this sector. The forecast, 5 back in July, by Helmut Werner, president and chief executive officer of Mercedes-Benz AGFT - 1,110 words
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Article3083 1995-02-02 28 A ontainerline NV: Belsin Shpg Agencies Pte Lid (SVMannc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SV Accord Contr Line (PK/PN). Adkris Business C orporation Philippine Calsourcc Shpg Frdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg I rdg (S). Albatros Sea-Air Service: Frata Shpg3,083 words
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Article311 1995-02-02 28 CONFERENCES CONSORTIA Hill Nin til AMfka EhUhml Rat* ApmNnt (Far East/North tawka, ucMm Japan* American President Lines; Sea-Land; Neptune Orient Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Liner system; "K" Line; Orient Overseas Container Line, Hapag-Lloyd. Trans* Pacific WMtfeoMd Rata Agreement (Nerth Auric a/Far East): American311 words
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Article294 1995-02-02 28 Abacus miners Tel: 545-8011. Tax: 545-1898. Air Express I nivd Tel: 533-5771. f ax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines*. 747-7421. Fax: 742-8975. Citx-I.ink International Tel: 344-3377. Fax: 345-6450 Cluster (.ink Supplies294 words
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Article1532 1995-02-02 28 \bex F.xpress Freight Tel: 542-7171. Fax: *****84 Aclinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore lei: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: 545-1018 Air Cargo Novo F.xpress Td: 542-5454. Fax: *****06 Air FApress International Td: 542-7666 Fax: *****74. *****50. Air1,532 words
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Article2674 1995-02-02 29 ANGOLA Luanda, Lobito, Namibe: All cities quiet, no berthing delays at any port. All crude oil terminals working normally. ARGENTINA Santa Fe: No vessels berthed, no vessels in roads, no vessels due. Diamante: No vessels berthed loading wheat, no vessels in roads, no vessels due. San Lorenzo: Six2,674 words
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Article532 1995-02-02 29 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr IX-p Name of Vessel ETA K I D Ports of Calls Port Agent Telephone No FEBRUARY 02 02 Renaissance 1 Pcnang Renaissance Cruises 222-3388 02 02 Nautican Jakarta Lines Int l Holdings 276-7175 02 02 Columbus Caravelle Kukup Harpers Shipping 221-1388 02 02 Leisure532 words
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Article896 1995-02-02 29 FEW high capital units have been reported sold this week in the main stream market even though there is still a high level of enquiry but there has been further activity in the container sector with a couple of interesting sales. One exception to the above is the896 words
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SHIPS IN PORT
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Article375 1995-02-02 30 Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Nee Diali 1 039S P04 020.' OMOO 0302 0/00 Aadhika Adtwtsal 04 B IO alongside 0202/1100 Nurul Htsan 0102* P01A 0102 1/00 0102 1800 L»0> 23 H, 5 alongside 0202 0800 Nurul Ihsan 0202375 words
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Article1781 1995-02-02 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofcin(/Balance Rslts Slip Voy No Etb/Btr Period From To From At* lade 223B 03/1100 IB 01 1500 01 1659 01 1900 2B 01/1700 02 0659 02 0900 4 02/1200 02,1459 02/17001,781 words
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Article857 1995-02-02 30 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 and857 words
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Article580 1995-02-02 30 Carbon Carbon Jan Z7 Density Mater Residue Ash Nurnun Sedment Density Mater Residue Ash AUiwwn SeftnaM '.MM W Exion Exj#n KGM*3 V/V ".MM '.MM PPM method KG M*3 V/V MM 1 MM PPM metlw) Eastern USA 180 Ave 986 03 13.1 008 12 0?2 ISO C*nac580 words
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AIR AND LAND TRANSPORT NEWS
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533 1995-02-02 32 Bloomberg Business News DETROIT General Motors Corp's fourth-quarter earnings surged 34 per cent from a year ago, as strong vehicle sales pushed the company's North American operations to its first annual profit in five years. While the report marked greatBloomberg Business News - 533 words
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206 1995-02-02 32 Bloomberg Business News SAN FRANCISCO Eosat, a joint venture of Hughes Aircraft Co and Martin Marietta Corp, said it has signed a US$l billion agreement to market data from eight Indian satellites. The Lanham, Marylandbased company, which already collects and markets data from twoBloomberg Business News - 206 words
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461 1995-02-02 32 Bloomberg Business News BETHLEHEM, Pennsylvania Union Pacific Corp terminated its hostile US$3.6 billion (555.2 billion) tender offer for Santa Fe Pacific Corp, ending a see-saw struggle to create the nation's dominant railroad. The railroad, fearing rejection by federal regulators, decided aBloomberg Business News - 461 words
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269 1995-02-02 32 Bernama-Kyodo TOKYO Japan's auto exports dropped in 1994 for the ninth straight year, sliding 11.1 per cent to 4.460.292 vehicles, the Japan Automobile Manufacturers Association said on Monday. In terms of value, however, the exports grew 2.2 per cent to USSB4.IBernama-Kyodo - 269 words
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Article, Illustration104 1995-02-02 32 EVERETT, Washington The Boeing 111 exceeding its designers' expectations during a static test when the airplane's wings were pulled about 24 feet (7.3 metres) above their normal position during a fullscall destruct test last month at Boeing Commercial Airplane Group's plant here. Computer-controlled hydraulic actuators104 words
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LOG BOOK
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Article102 1995-02-02 32 Bloomberg Business News WASHINGTON McDonnell Douglas Corp is getting a US$239 million (***** million) increase to an existing Air Force contract involving 72 F-15 fighter jets ordered by Saudi Arabia. The money will allow the company to continue buying initial materials needed to assemble some ofBloomberg Business News - 102 words
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38 1995-02-02 32 Reuter WASHINGTON Chrysler Technologies Airborne Systems lnc, a division of Chrysler Corp. has received a U5595.5 million (SSI3B million) US defence contract to modify six EA-6 Tacamo aircraft to the EA-6B configuration. ReuterReuter - 38 words
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107 1995-02-02 32 Reuter MEXICO CITY Aerovias de Mexico. Mexico's largest airling, on Tuesday said it suffered foreign exchange losses of 709.98 million new pesos in December because of the devaluation of the Mexican new peso. Aeromexico said it will try to soften the negative impact ofReuter - 107 words
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Article101 1995-02-02 32 Bloomberg Business News SHANGHAI German automaker Volkswagen AG plans to step up production of its Audi sedan cars, the official GuangdongHongkong Information Daily reported on Monday. Volkswagen and China First Automobile Factory have been producing Audis since 1988. The companies expect to increaseBloomberg Business News - 101 words
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269 1995-02-02 32 AP DENVER Mayor Wellington Webb says Denver's prob-lem-plagued new airport will open by the end of the month and this time, he means it. The US$4.2 billion (SS6.I billion) Denver International Airport, with its circus bigtop terminal roof, was originallyscheduled toAP - 269 words
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Article1762 1995-02-02 32 ag nw eta fw no_ ag n» era n®_ Aba DfcaM GA985 1105 GF147 1850 H« CM Mm* City VN741 1310 SQ172 1000 GF146 1110 SQ171 1450 VN740 1410 SQ441 1510 UA1 0050 UA2 1215 GA883 1520 SQ1 1135 CX710 0840 GA975 1535 CX717 1235 SQ8601,762 words
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Page 15 Advertisements
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Advertisement47 1995-02-02 15 2 New Services to Far East OTA Arriving Wed to Pusan Incheon lAX Arriving Fri to Tokyo, Osaka Yokohama HotHiie *****30 BMT seizes opportunities in Thailand, Pg 3 European bus market faces realignment, Pg 13 GM's 4th qtr profit soars 34% on strong vehicle sales, Pg 1847 words
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Advertisement26 1995-02-02 15 Lines and service* represented by /#jj! Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-209026 words
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Advertisement24 1995-02-02 15 BusinesslT Every Monday in Business Times EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. rn Business Times WEKNOWASM24 words
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Page 16 Advertisements
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Advertisement429 1995-02-02 16 Wishing All Our Valued Customers And Friends A Happy And Prosperous ilk Chinese New Year, From The Management Staff Of NYK Line EXPORTS TO HONGKONG, MANILA, TAIWAN t JAPAN "TWICE WEEKLY" IMPORTS FROM JAPAN, TAIWAN. HONG KONG t MANILA "TWICE WEEKLY" MALACCA STRAITS SERVICE vessel vo? wr* jkt i km429 words
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Advertisement31 1995-02-02 16 o °o O LEAD BY EXAMPLE .1 I -41 Ml -m •a For some of the best examples of good management. Enterprise Management. Every Monday. %HNOAW*E« f 1 Business Times WtDtOWAMI31 words
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Page 17 Advertisements
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Advertisement881 1995-02-02 17 IBL/WT -SIL. HP 1 DUB I SHJ I Kill IMHI DM I BAH |MH \tSL/wi |«I w am I vsl/voy <sm cm I ml ft MM CIOIW 31/1 13H 11/2 13/2 15/2 l«/ 2 14/2 15/2 17/2 ft MM ClOlf 31/1 14/2 11/2 ft RAM CIOIW 30/1 4/2 11/2 mmm881 words
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Advertisement121 1995-02-02 17 Accepting LCI. and contatoariaad cargo** Diract to South Africa Spora Durban P Ela down FuN Contatoif itnfict OSAKA MARU 0380F 10/02 22/02 24/02 25/02 NEW OASIS 0401F 19/02 03/03 05/03 07/03 ORANJE 0520F 03/03 15/03 17/03 18/03 A VSL 06XXF 11/03 24/03 26/03 27/03 VAAL 0777F 21/03 03/04 05/04 07/04121 words
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Advertisement353 1995-02-02 17 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (BAST COAST! I FROM AUSTRALIA (BAST COAST)" VCSXI VOT Ml K( SGP M STB MR BUB MOB VCSKI/VOV HC ITO MCB Mi HOB JKT ""SSTTfJIs" ft- TDftftXK 70S 20/01 30/01 Bin IS/02 11/02 21/02 24/02 DOCOVUY B 4524 OS/021ft. AUSTftftUA W 04/02 00/02353 words
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Page 18 Advertisements
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Advertisement1296 1995-02-02 18 ROAM [i SOUTH- PORT V~ ~I VOY NO HAMBURG ANTWERP HAVRE AMPTON KELANG SPORE HKG KAO TVO SHI KOB NAG *AI 11/202 >0/1 12/1 14/1 2/2 3/2 7/2 9/2 16/2 14/2 HANNOVER EXPRESS 24/402 14/1 16/J 18/1 n/1 5/2 9/2 13/2 U/2 1 NYK ALTAIR 01/203 17/1 19/1 21/1 10/21,296 words
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Advertisement349 1995-02-02 18 M IS'pore P.Kelang Loading for VLAHERNA 10/2 14/2 Rdm/Atw/UK/Nantes U •Loads E./W. Malaysia. Indonesia I I Loading for V ENERGETIC Oubal/Bahrain/Damman/Kuwait I SEA VENUS Hodeidah/Jeddah/Aqaba I 'Loads Singapore. E./W. Malaysia, Indonesia I I Loading for V DONA V Los Angeles/New Orleans/ I Charleston/Norfolk/Camden I OCEAN EVER Los Angeles/New Orleans/ I349 words
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Advertisement1404 1995-02-02 18 I norasTzv I tfA fM*AVtt* cacuu "'J* 24/02 25/02 25/02 26/02 20/02 27/02 27/02 20*2 I I 3 «/2» /03 04/03 04/03 05/03 05/03 00/03 00/03 07/03 I I WWASW MDNBIOMMM7 3 22/02 0/03 11/03 n /03 12/03 12/03 13/03 13/03 14#3 I I NORASU n?/2i l!/« u/03 »«/03 10/031,404 words
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Page 19 Advertisements
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Advertisement1395 1995-02-02 19 ff? S STRAITS SHIPPING PTE LTD AM *0 Hoe Chiang Road #11-01 Keppel Towers 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE c+cgsb' <a service of china navigation co> CARGO DU SAHS IwTT C I MAG* W-30 Wso3£ Mini, Lib. KK to foil 02 Feb FCL, LCL CONTAINER ANO1,395 words
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Advertisement3186 1995-02-02 19 w TfcO 0 Singapore Agent: I All QIH P&O Containers (Singapore Agencies) Pte Ltd O 10 Hoe C hiang Koad. *07-01 Rep pel l owers. Singapore 0208 JP&BIK First Class Connections WORLDWIDE psoas*. f«= 2:5 53:7,222 75.7 EXPORT IMPORT I VESSCL VOV -WK! 'PUG SIN SOU ANT ROT HAM OOT3,186 words
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Advertisement479 1995-02-02 20 wA- JOINT VENTURE Vjly SAMUDERA INDONESIA SIR RICKMERS wm SINGAPORE CHINA G*KN ERA VOY 3MB 12 JAN QtNGOAO OASA SfPUUH VOY 3MB 08 FEB XINGANG SHANGHAI INDUCEMENT CALL P KELANG INDUCEMENT CALL HK. P GUOANG. BELAWAN. TG MAN XIAMEN. ZHANGJIGANG UTAMA HARTA I WEEKLY FULL CONTAINERSHIP FEEDER VESSEL NAME VOY479 words
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Advertisement1184 1995-02-02 20 I HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL> *****30-233 DOCUMENT TEL: *****71-275 HMVSL 5 UK HAUL SEA TV* P0» MW. SM IN MAUI SAW HM NYC HANJM ROIUROAM 029 C 10/2 DMECT 2/3 J/3 4/3 NMM POHANG IM£ 4/2 M ASiA 0201 »/l 10/3 12/3 HAH IN1,184 words
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Advertisement1221 1995-02-02 20 -J-TcT^TTTn^ 11 rjHK If au T, s f, Iff, n®, 5?, JfJ, 5", *"°UIOB irrc im mm km nr nc ncaw MP M 11 S7!f. iJ >i? J i ?J,\ ii'l 2 y\ 'V, *V 2 1/3 n/1 »/J </« 5/4 4/4 11/« ?7/4 l/s vs I f M/j >1,221 words
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Page 21 Advertisements
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Advertisement3275 1995-02-02 21 NOW VARNA (BULGARIA) COttSTAMTZA (ROMANIA) 3 P» MONTH Erlwri P' CM fP P f Wr"pTr I Til JiwhSESfe 2 *****5S C£H!%£"*****41/944 cZZiZmfr's'rc —*1 *****02 »W*W C—UNy. *****1% CUSTAR SHIPPING PTE LTD TaUx ***** COSNIP CfrMttouf: 4205*50 DO: 4j***** C—namtkntat *****46 6 S*MIM Nr<jr »17 0* CR No: **********0 M Fax;3,275 words
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Advertisement298 1995-02-02 21 (ft FAMOUS CONTAINER LINES silt"* 80 ROBINSON ROAD. #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 06/02 ROTTERDAM 06/02 AARHUS/COPENHAGEN 06/02 I HAMBURG/BREMEN 07/02 MARSEILLE/FRANCE 07/02 FELIXSTOWE/UK 06/02 BARCELONA/SPAIN 03/02 LEHAVRE/FRANCE 07/02 GENOA/ITALY 05/02 ANTWERP/BELGIUM 07/02 LOS ANGELES/WC/IPI 03/02 SYDNEY/MELBOURNE 05/02 NEW YORK/EC 03/02 FREMANTLE/ADELAIDE 06/02 VANCOUVER 08/02 BRISBANE298 words
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Page 22 Advertisements
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Advertisement1246 1995-02-02 22 I <v If I„----. 1? r 1 H VEBBEL J T VESSEL VOY SIN PEN ■<j 1 IBRA BHUM 968 Fri 3/2 Wad 9/2 S IWTRA BHUM 5019 ~~Fri I 3/2 SO 4/2 ■9 VESSEL VOY SIN BKK BHATRA BHUM «78 S«t 4/2 Tua 7/2 NT RA BHUM 5021 Mon1,246 words
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Advertisement641 1995-02-02 22 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAUS SHUTTLE I PORT KLANG PENANG VtSStL VOY SIN PKL VESSEL VOY SW PCH St* L*UKL 359N Oi7 (S<JW) 06 7 (MOW) MCC CONVEYOR SOOB 03,2 (FR!> OS/2 (SUN) >OUH SPOtt ***** 06/2 (MOW) 08 2 (WtO) HOUR641 words
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Advertisement264 1995-02-02 22 GOLDEN LINE IftJV guan guan shipping u2SJ<\ (PTE) LTD 1 23. W Street SMeAKKf 0104 TEL: *****41 (10 UK) F>i *****04 (C« N*. **********0*) 6TRAIT6/PER6IAM GULF SCR TICK S pore P. Mang Penang GOIOCN SIM Karachi/Dubai/Kuwait 1/9 Feb 95 GOIDEN GRACE Karachi Dubai, Kuwa.t 27/21 Feb 95 CHIHA 6ERVICK GOIOCN264 words
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Page 23 Advertisements
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Advertisement1105 1995-02-02 23 ADVANCE CONTAINER LINES (PTE) LTD A I 140 Ceci< Street, #12-00, PIL Building. Singapore 0100 LbZ TEL; *****31. FAX *****1*. TELEX RS ***** ACLPL ■AMP** MOA HHM "1 JAKABTA Wm* to PAT. 2 Mfcp to MIT, 1 SaHng to LCN) (1 t) JII »»m VOY MN KK OIN Vllitl VOY1,105 words
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Advertisement889 1995-02-02 23 watts vor sm u mm wmwuk: imws »oti«oam wrwor WLLt Dt CMdHO CO7W 02/0? 21/02 2J/02 25/02 26/02 27/12 win oc mom iom 00/02 01/03 03/03 05/03 20/03 07/oi Wilt D*q«.« Mm 16/02 01/03 10/03 12/03 13/03 14/03 wnt p-HTOM norm is/03 17/03 n/03 20/02 21/03 •Also ACCCFIMG CAKGO TO889 words
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Advertisement575 1995-02-02 23 I BSA^ Ml MYANMA FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kit Pen PGd| TANAH AM V2W SAILED HP* AN ¥207W M/ 10 Feb UUtttlA AGENTS BOUSTEAD SHTTfIG *GENCES Ml TEL 02 03 -*****00 ML: TEL 02-03 PEN TEL 02-04-*****2 PSD TEL **********1 '4 NIGERIAN575 words
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Page 26 Advertisements
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Advertisement1774 1995-02-02 26 TO EUROPE feeder I pkl 1 pen I moticr «l stow I hh I iw I him Iw I ht ysi mi. stow «6 fiban robe shmkul ngo row BSt/ITB MU/Mll 2101 2191 ASIA »|4 01.02 11.82 1103 2012 22.0? 23.02 NORMA** 1035 0802~ 0102 |To 2 IM2~ 19.02 201,774 words
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Advertisement489 1995-02-02 26 IfcAflMN cdwAINGh LINES, INC |;r\=/\"|A fl enU: MAC-NELB SPORE: *****23 (24 LINES) N« trnmmtm SIBU (064) *****9 KUCHINO (062) *****3 PEMANG: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (08) *****77 JAKARTA: (21) *****07 SURABAYA: (31) ******r I ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN489 words
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Page 27 Advertisements
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Advertisement55 1995-02-02 27 u m 5 to m i i The latest in i sea, air and land transportation L Shipping Times Monday to Friday i *,< SINGAPORE f Business Times 4 WE KNOW ASA m i i S STRAIGHT TALK Vou shouldn't have to read between the lines to get the u55 words
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Advertisement225 1995-02-02 27 I VESSEL VOY SIN MAA SIN TIGER BRIDGE 315N 0304/02 09 15/02 20-21/02 TIGER BAY 128N 04 05/02 10-17/02 22 23/02 TIGER SPEED 316N 07 06/02 13-19/02 24 25/02 CAPE HERMES 205N 11-12/02 17-23/02 27-28/02 TIGER CAPE 014N 15-16/02 2128/02 04-05/03 TIGER ISLAND 129N 16-17/02 22 28/02 05 06/03 IVMSO.225 words
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Advertisement339 1995-02-02 27 IVhI dongnama line SSI w m HI PNS MC BSD m*» mm »/»i M/»I n/02 12/K iy«2 nta> > m/n n/tt a/a 23,u ummc rum nta n/« u« i«/i2 it 02 aii 01/03 Ms 11/12 21/12 am 23/12 m/m ROUNO THj ASIA 81RVIC1 Kim on) scr wit ok rat NOUHt339 words
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Advertisement346 1995-02-02 27 IV TEL: *****33 (12 Lines) K FAX: *****15/*****03 BP TELEX: RS ***** RISHIP (3 Lines) l=J CR NO.: **********0E ACCEPTING FCL AND CONVENTIONAL "vwwi Voy ETA Loading For Sport Andlnat 34W8 03/04 Mombasa. Djibouti Aaaab, Massawa Abtoay Woru 43W8 06/05 Mombasa. Djibouti Aaaab, Massawa Fl LLV CONTAINERISED REGLLAR LINER SERVICE346 words
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Page 29 Advertisements
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Advertisement10 1995-02-02 29 PERSONAL FINANCE INVESTMENT Every Saturday, in Business l imes I10 words
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Page 31 Advertisements
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Advertisement487 1995-02-02 31 I HYUNDAI I MEBCHANT MABINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 r PHA [~PKi PGD Vfssas VOY SM RTM ANT LEH HAM BRE| FEL 01/02 03/02 04/02 H EXPLORER 315W 06/02 24/02 26/02 25/02 26/02 26/02 28/02 08/02 10/02 11/02 SEA PROGRESS 315N 13/02 03/03 05/03 04/03 05/03 05/03487 words
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Advertisement350 1995-02-02 31 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE RORO CARRtR SPECIALIZE M HEAVY UFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TOWS VESSEL 101 SM FK LOMMGFOR SONBAI J1 Hft OANTEN 4/2 lAXARTA 5/2 COOK LEADER 49 1/2 3/2 COSMK CHALLENGE* I 7 3/2 5/2 ORANGE MOON tO 11/2 BANGKOK 14/2 KU2MA350 words
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Advertisement680 1995-02-02 31 ffSStl WY SW ETA/P LAX OAK CH I DM. MEM/COL IHOU I NYC I NOR ALLIGATOR PRPE 57A 02/02 /03/02 H/02 21/02 22/02 23/02 23/02 24/02 24/02 25/02 IPWY UPSON BRPCE 81A W/02/10/02 26/02 21/02 01/03 02/03 02/03 03/03 03/03 04/03 ALLIGATOR VICTORY 59A 16/02/17/02 05.03 07/03 01/03 09/03 09/03680 words
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Page 31 Miscellaneous
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Miscellaneous303 1995-02-02 31 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 2.5 2.6 2.6 2.3 1.7 12 0.9 0.8 0.8 1.1 1.7 2.6 3.1 3.2 3.0 2.6 1.9 1.2 0.7 0.4303 words
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Page 32 Advertisements
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Advertisement5 1995-02-02 32 TECHNOLOGY Tomorrow in Business Times5 words
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Advertisement8 1995-02-02 32 iNNOVfOTON %i m TECHNOLOGY Tomorrow in Business Times8 words
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