The Business Times, 14 February 1995

Microfilm: NL19771
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Tuesday February 14 1995 85*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow up 17 points
      59 1 Reuter NEW YORK Stock prices were mixed in subdued trading yesterday as Wall Street geared up for this week's batch of important economic data. The Dow Jones industrial average was up 17.16 points to 3,956.23 at Ipm EST. Advances led declines by a small margin on
      Reuter  -  59 words
    • Article
      Lock icon Time Warner turns down Turner offer
      41 1 Reuter NEW YORK Time Warner chief executive Gerald Levin has turned down an offer of about US$l.7 billion by Turner Broadcasting System for Time Warner's 20 per cent stake in Turner, Newsweek said yesterday. Reuter
      Reuter  -  41 words
  • Article
    MARKET SUMMARY
    167 1 Stock market indices Monday Change STII 2,093.12 +19.07 KLSE Comp 980.42 +0.04 Nikkei 18,313.86 +22.51 Hang Seng 7,974.82 -38 SET Index 1,283.97 -18.00 Jakarta Comp 455.70 +2.39 CLSA China B 851.86 +8.30 Aust All Ord 1,846.3 +0.3 FTSE 100 3,081.1 -28.8 Monday Previous 1pm EST close Dow Jones
    167 words
  • Article
    Bridging, education loans not affected by new MAS rules
    542 1  -  By Quak Hiang Whai SINGAPORE Bridging loans for property purchases and education loans will not be affected by the latest measures by the Monetary Authority of Singapore (MAS) to curb the sharp increase in unsecured loans to individuals. The de facto
    542 words
  • Article
    Lock icon China's hot money influx below US$2b
    330 1 Reuter BEIJING Short-term speculative cash accounted for only a small part of total capital inflows to China in 1994. Officials yesterday said China attracted an estimated net capital of US$26 billion (5537.7 billion) in 1994. Of this, about 80 per cent was direct foreign
    Reuter  -  330 words
  • Article
    Muted funds leave Asian markets up in the air
    192 1 SINGAPORE A subdued institutional presence yesterday left the region's stock markets with no clear direction, resulting in a mixed finish for most major bourses. In Singapore, blue chips gained from minor buying by foreign funds, but attention continued to be firmly
    192 words
  • Article
    KL motorists see red over computerised traffic lights trial
    452 1  -  From Ho Kay Tat in KUALA LUMPUR A TRIAL RUN to determine if Kuala Lumpur's computerised traffic lights system could handle the bumper-to-bumper traffic without human intervention turned chaotic yesterday. Thousands of motorists fumed as they were caught in a virtual
    452 words
  • Article
    CASH shares defy critics to surge 70 sen on lifting of suspension
    416 1  -  From William Chia in KUALA LUMPUR ENDING a three-month voluntary suspension, Malaysianlisted construction Supplies House Bhd (CASH) confounded critics by trading sharply up on heavy volume yesterday. CASH shares closed 70 sen up, or nearly 12 per cent
    416 words
  • Article, Illustration
    Lock icon MPC forks out half of Fort Bonifacio bid
    418 1  -  From Al Labita in MANILA THE Metro Pacific Corp (MPC) group yesterday paid half the 39.13 billion pesos (552.3 billion) it bid for Fort Bonifacio, putting to rest speculation of a possible payment default. It also gave a surety bond for the
    AFP  -  418 words
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      20 1 Property: Pg 9 HK's housing supply tipped to fall Lord Cairns resigns from SG Warburg amid mass defections, Pg 16
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      16 1 Hock Lock Siew: p* n Birthday bonus from UOB? Editorial: MAS' reminder on prudence, Pg 14
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      4 1 Full reports, Pgs 22-26
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Cumulative investments to hit $50b
        231 2  -  By Chuang Peck Ming CUMULATIVE investments in the manufacturing sector will hit nearly S5O billion when the amounts pledged in the past two years take shape. As at end-1992, investments sunk into the sector measured by gross fixed assets was about $40 billion, says the
        Source: EDB  -  231 words
    • NEWS ROUNDUP
      • Article
        Disruption to phone services
        67 2 TELECOMMUNICATION services to some areas in the business district, involving 15,500 subscribers, were disrupted for a few hours yesterday by a software fault. A Singapore Telecom statement yesterday said intermittent disruptions started from about 9.45 am, and were fully restored by 12.20pm. Telecom said preliminary investigations
        67 words
      • Article
        Tips on international marketing
        64 2 TRADE officials from 25 Commonwealth countries are in Singapore this week to learn about developing export markets involving products as diverse as selling freshly cut flowers to Spain and tuna to the Japanese. The officials are being trained in the theory and practice of international marketing
        64 words
      • Article
        One-stop guide for business overseas
        81 2 VENTURING abroad made easy. A comprehensive directory which serves as a quick and informative guide for Singapore businessmen aims to do precisely that. Produced by the Economic Development Board, the Institute of Certified Public Accountants of Singapore, the Institute of Management Consultants and the Law
        81 words
      • Article
        Corrections & clarifications
        36 2 Corrections clarifications IN LAST weekend's Executive Lifestyle section of Business Times, we wrongly gave Mr Wee Ee Cheong's title as president of UOB group. He is the group's deputy president. We are sorry for the error.
        36 words
    • Article
      STPB chief spells out vision to make S'pore a tourism development hub
      359 2  -  By Jenny Lam SINGAPORE is poised to become a tourism business development centre for the region. "Tourism is big business and the aim is to make Singapore a global leader," Singapore Tourist Promotion Board chief executive Tan Chin
      359 words
    • Article
      Property market has peaked, upturn seen in 1997: Salomon
      504 2  -  By Abdul Hadhi THE local residential property market has passed its cyclical peak and will recover in 1997, says US securities firm Salomon Brothers. In a recently released report, it says that market indicators show that the sector will undergo a
      504 words
    • Article
      Telecoms giant sees four-fold jump in handphone ownership
      454 2  -  By Catherine Ong ONE in three Singaporeans will own a mobile phone by the year 2000, predicts a senior manager for Swedish telecoms giant Ericsson Telecommunications. This will mean a four-fold increase from the present level of 200,000 subscribers. Khalid Qureshi, manager
      454 words
    • Article
      Record cruise passenger traffic last year
      244 2 THE three-year-old Singapore Cruise Centre attracted record passenger traffic last year, the Port of Singapore Authority said yesterday. The latest figures show that the centre is making headway in raising South-east Asia's profile as an alternative cruise destination to the mature markets of the
      244 words
    • Article, Illustration
      Sony opens first integrated circuit design centre in Asia outside Japan
      336 2 SONY yesterday opened its first integrated circuit (IC) design centre in Asia outside of Japan. It was set up at a cost of $1.1 million to provide technical support for its Thai plant. The design centre which is part
      336 words
    • Article
      Income improves its managed health plan
      230 2 TEN companies have so far signed up with NTUC Income's Managed Healthcare System launched seven months ago bringing 1,371 members with them. At this rate, the insurance co-operative will not meet its target of drawing 50,000 members in the first two years. To attract
      230 words
    • Article
      US' Whirlpool to tap into Asia via Singapore
      110 2 US HOME appliance maker Whirlpool Corp yesterday announced the setting up of a local executive office to manage its plans for Asia. The Whirlpool Asia Appliance Group expects sales, revenue, production and employment to increase substantially this year and next. The groups
      110 words
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      198 2 _:=(`$-?'(/^'(`"!!?('/[*^_;>"}% /HOW TO STAY TRIM IN BUSINESS BY CUTTING CORNERS These days. U> slay successful in business, one has to he highly competitive Thai means having the right image, up- to- date office equipment and full time experienced staff: yet keeping low overheads. Here at World Wide Business Centre Pte
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      20 2 (cw'Jl EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. VsiNOATOHB# m Business Times mamoßAm
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Indonesia to woo investors to remote eastern region
      411 3 The Straits Times Reuter, JAKARTA Indonesia is considering tax exemptions and other incentives for investors in the sprawling archipelago's remote eastern region, Research and Technology Minister BJ Habibie said yesterday. A high-powered development council, headed by President Suharto but with Mr Habibie
      The Straits Times; Reuter,  -  411 words
    • Article, Illustration
      Lock icon KL backs South Africa's proposal of Indian Ocean Rim ties
      327 3 AFP KUALA LUMPUR Malaysia yesterday said it was agreeable to South Africa's proposal to boost economic ties among countries lining the Indian Ocean, provided the grouping was not a potential trade bloc. Officials said South African Deputy President F W
      AFP  -  327 words
    • Article
      Lock icon Asia's electricity demand growth unsustainable
      298 3 Reuter SINGAPORE The rapid growth of electricity demand in Asia is an unsustainable phenomenon, according to Ronald Hagen, energy researcher at Hawaii's East-West Centre. "So long as electricity prices arc subsidised, demand for electricity and the cost of providing electricity will grow beyond control." Mr
      Reuter  -  298 words
    • Article
      Lock icon NST chief ends long-running weekly column
      481 3 The Straits Times KUALA LUMPUR New Straits Times editor-in-chief Abdul Kadir Jasin's popular Biar Putih Tulang weekly column in the Berita Harian bowed out yesterday, after appearing regularly every Monday for the last eight years. Mr Kadir. who started the column in May 1987
      The Straits Times  -  481 words
    • Article
      Lock icon Ramos seeks emergency power to turn taps back on in Manila
      295 3 FT MANILA President Fidel Ramos of the Philippines is putting pressure on the Senate to grant him emergency powers to tackle a water shortage which is plaguing Manila and harming the country's image among foreign investors. Citing the success
      FT  -  295 words
    • Article
      Lock icon Hanoi secures Asean membership, eyes A pec
      202 3 AFP SINGAPORE Vietnamese Foreign Minister Nguyen Manh Cam said yesterday Hanoi should be given a few years to merge into a regional free trade plan after joining the Association of South-east Asian Nations (Asean) in July this year. "I have no idea how
      AFP  -  202 words
    • NOTE BOOK
      • Article
        Lock icon Philippines states Spratlys stand
        81 3 AFP MANILA The Philippines was "not considering the war option" over Chinese occupation of a reef claimed by Manila in the Spratly Islands. Defence Secretary Renato de Villa yesterday would not publicly state what Manila was doing, saying only "we're doing the best we can". Some
        AFP  -  81 words
      • Article
        Lock icon KL's industrial output index up
        85 3 Bernama KUALA LUMPUR Malaysia's Industrial Production Index (IPI) rose 12 per cent in December 1994 to 186.2 from 166.2 in December 1993. The Statistics Department yesterday said all the three divisions under the industrial sector reflected the increase between the two periods. The index of
        Bernama  -  85 words
      • Article
        Lock icon Innoprise reviews timber deals
        67 3 Bernama KOTA KINABALU Innoprise Corporation Sdn Bhd (ICSB). the investment arm of the state-owned Sabah Foundation, has formed an ad-hoc committee to review its controversial timber deals with two private companies. ICSB chairman Musa Aman yesterday said the committee, made up of Sabah Foundation and ICSB
        Bernama  -  67 words
      • Article
        Lock icon E European tanks roll into Cambodia
        83 3 AP PHNOM PENH Cambodia has taken complete delivery of 100 tanks and 50 armoured personnel carriers bought in Eastern Europe to shore up its armed forces. A senior official yesterday said the weaponry began arriving in January aboard cargo ships at the south-western seaport
        AP  -  83 words
    • Article
      Lock icon Johor government plans move into heavy industries
      146 3 Bernama JOHOR BARU The Johor government is identifying several heavy industrial sectors to be developed in the state. Mentri Besar Muhyiddin Yassin said yesterday. The move was important in efforts to diversify the industrial sectors in Johor. especially to meet the country's needs
      Bernama  -  146 words
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      161 3 VISITING PROFESSOR SAYS: "success urn A REMARKABLY T HIGH AT f MARfE FRANCE'\ I J fact-finding visit HI HH to Asia, top nutritionist Professor D.J. NaismithfromtheUniversityof London, |H recorded some very complimentary remarks about Marie HP! France. Here is an excerpt from the professor's findings: iW I "I was most
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon S&P says HK will honour debts despite Sino-British rows
      544 4 Reuter HONGKONG Hongkong will continue to pay its debts regardless of differences between London and Beijing in the 30 months remaining before the British colony reverts to China, ratings agency Standard Poor's said yesterday. S&P upgraded Hongkong's credit outlook to positive
      Reuter  -  544 words
    • Article
      Lock icon China to kick off new family-planning measures
      361 4 AP BEIJING With its population forecast to surpass the 1.2 billion mark this week, China is launching new programmes aimed at curbing the growth of the world's largest nation. Some 21 million Chinese people are born each year, putting severe pressure on the
      AP  -  361 words
    • Article
      Lock icon China won't budge on vital issues in trade row: Li Peng
      319 4 AFP, Reuter, AP BEIJING China will not capitulate on "principles it judges to be essential" in its trade dispute with the US over intellectual property protection. Prime Minister Li Peng said in an hour-long meeting yesterday with former French
      AFP,; Reuter,; AP  -  319 words
    • Article
      Lock icon Paper blasts Taiwan plan for offshore cargo port
      281 4 AFP TAIPEI An offshore shipping cargo centre proposed by the Taiwanese planners to help divert a ban on direct contacts with China may generate more problems than benefits, the China limes said ji^sterday. "The feasibility of the operation depends first on China's
      AFP  -  281 words
    • Article
      Lock icon Taipei to ease rules for TDR listing
      178 4 Knight-Ridder TAIPEI The Taiwan Stock Exchange has decided to ease rules governing the issuance of Taiwan depositary receipts to spur interest among overseas corporations to list here. Exchange officials yesterday said rules allowing foreign firms to list TDRs went into effect one year
      Knight-Ridder  -  178 words
    • Article, Illustration
      Lock icon Take me to your ruler
      63 4 AFP KAOHSIUNG, Taiwan This lengthened 1978 Lincoln limo on display here yesterday is said to be the longest sedan in the world at 10.06 metres. The remodelled vehicle wst owner Su Chien Hung NTSI2 million (*****,000). He has nicknamed it The Emperor Car. And it
      AFP  -  63 words
    • CHINA WATCH
      • Article
        Lock icon China's net industrial output up 11.4%
        93 4 Bloomberg Business News HONGKONG China's net industrial output grew 11.4 per eent on the year in January to 123.7 billion yuan (5521.3 billion), the official Xinhua News Agency reported, citing State Statistical Bureau figures. The country's industrial output grew 15.5 per cent on the
        Bloomberg Business News  -  93 words
      • Article, Illustration
        Lock icon Slow wait for fast food
        57 4 AFP SHANGHAI When the queue is long enough, fast-food becomes a misnomer for restaurants like the newly opened Texas Chicken in Shanghai. With Shanghainese eager to try American cuisine, most Western-style fast-food restaurants in this city are so well-frequented that diners have to wait in
        AFP  -  57 words
      • Article
        Lock icon Taiwan fund to benefit more industries
        85 4 Reuter TAIPEI The Taiwan cabinet's Development Fund said it planned to expand financing to industries other than manufacturing and agriculture to help turn the island into a regional operations centre for international firms. "We plan to expand our financing targets to other industries in
        Reuter  -  85 words
    • Article
      Lock icon Beijing warns domestic metal producers to keep prices down
      347 4 Reuter HONGKONG The Chinese government has warned domestic metal producers to keep their prices down this year, but it is unlikely to take any concrete action in the short term, metals traders said yesterday. Hongkong trading sources said the Beijing government
      Reuter  -  347 words
    • Article
      Lock icon Daily's 'after Deng' reference sets Beijing abuzz
      196 4 Reuter BEIJING An influential internal newspaper has set Beijing abuzz by printing the longtaboo words "after Deng Xiaoping" in a front-page story. Officials and analysts said yesterday the appearance of the phrase in Friday's Reference News could not have been an oversight and
      Reuter  -  196 words
  • Page 4 Advertisements
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      119 words
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      37 4 Financial News o A Quick Look At The I I Markets! Call hours a day I SES KLSE I I reports. I 1 market reports Cost: 30 cents a minute Organised by: HilC An SPH AudioTex Service
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      363 5 g^PpßlflW 1 f>l ii I JJMM— 1 i W i M A V s 1 f ff j^B '< i4W3fli^Hii& Bt' Jr m ~'^m^ B H 1 J v t jb ,^j^ di Step into Maybank these days and you'll be greeted by a smart new uniform that perfectly matches
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  • REST OF ASIA
    • Article
      Sale of Pakistan's national phone company hots up as bids flow in
      429 6  -  From Farhan Bokhari in ISLAMABAD THE race for the privatisation of the Pakistan Telecommunications Corporation (PTC) gathered pace on Sunday when financial managers submitted bids to manage the sale of a huge block of shares in the country's
      429 words
    • Article
      Lock icon India must maintain pace of economic reform: president
      307 6 Reuter AFP. NEW DELHI India needs to maintain the velocity of its economic reform in order that the hard-earned benefits of liberalisation are not wasted. President Shankar Dayal Sharma yesterday said: "The momentum gathered by the country through these policies has to
      Reuter; AFP.  -  307 words
    • Article, Illustration
      Lock icon Japan's huge market still vital to US businesses: Mondale
      460 6 Reuter TOKYO United States Ambassador to Japan Walter Mondale yesterday said that Japan's huge market remained vital to American businesses despite growing US interest in big emerging markets in Asia and elsewhere. "We have seen the term 'Japan fatigue' in the
      Reuter  -  460 words
    • Article
      Lock icon Plan to revamp public firms not enough: Takemura
      143 6 Knight-Ridder TOKYO Japanese Finance Minister Masayoshi Takemura has indicated that the government's limited plan to re-orga-nise public corporations is not enough to address the problem of administrative reforms, Kyodo news service reported. Answering questions before the lower house budget committee yesterday, Mr
      Knight-Ridder  -  143 words
  • ASIA NOTES
    • Article
      Lock icon Aussie economy growing 5.5-6%
      93 6 Reuter SYDNEY The Australian economy is currently growing at a rate of 5.5 to 6.0 per cent a year, said Prime Minister Paul Keating in a radio interview yesterday. Gross domestic product rose 6.4 per cent between the September quarters of 1993 and 1994. "A balanced
      Reuter  -  93 words
    • Article
      Lock icon India, NZ to step up business ties
      98 6 AFP NEW DELHI New Zealand and India yesterday called for an expansion of their fledgling trade and investment ties to take bilateral relations beyond cricket. Robin Gray, New Zealand's associate minister of foreign affairs, told Indian executives at a meeting of the Joint
      AFP  -  98 words
    • Article
      Lock icon Japan's PC market surges 34.7%
      54 6 AP TOKYO Japan's personal computer market surged 34.7 per cent last year, topping three million units for the first time, a private research company said yesterday. Shipment of new personal computers in Japan totalled 3.32 million units in 1994. up from 2.46 million in 1993,
      AP  -  54 words
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      282 6 The fact that we handled over Ss2 billion m I I I m I i| I *****1111 l worth of property transactions 11l ll|||lj|l| 111 J *4 I I U I V m J. Jb That the people at Jones Lang Wootton ll 1111 l HI I H 111 H
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  • THE WORLD
    • Article, Illustration
      Lock icon Conservatives' infighting over Europe may engulf Major
      625 7 Reuter LONDON Can John Major's government survive until the next general election? The British Prime Minister has defied the odds many times before. But after a week of infighting over Europe that was extraordinary even by the standards of his ruling Conservatives, political
      Reuter  -  625 words
    • Article
      Lock icon European satellite body set for overhaul
      595 7 Eutelsat may be turned into a public limited company Reuter PARIS Eutelsat. the European government-controlled satellite organisation, is about to undergo its biggest change since it was founded in 1977. Two families of new satellites are scheduled to be launched to meet the growing
      Reuter  -  595 words
    • Article
      Lock icon Bonn works with neighbours to cut down jobless fraud
      241 7 Reuter BONN Germany wants to swap information with its neighbours to crack down on people who improperly draw unemployment benefits while actually working abroad, German Labour Minister Norbert Bluem was quoted as saying on Sunday. "I am negotiating to start a
      Reuter  -  241 words
    • Article
      Lock icon G-7 to adopt 11 global IT projects at Brussels meet
      212 7 Reuter TOKYO The Group of Seven (G-7) industrial nations will adopt 11 joint projects at their meeting on the development of a global information society late this month, a Ministry of Posts and Telecommunications official said. The conference, to be
      Reuter  -  212 words
    • Article
      Lock icon France in clarion call for European culture fight
      477 8 Reuter BORDEAUX, France France aims to rally culture ministers behind its viewpoint that the European Union needs to put up a fight to protect its cultural heritage from drowning in a flood of Hollywood exports. At a two-day informal meeting starting yesterday,
      Reuter  -  477 words
    • Article
      Lock icon Italy seeks S$8.7 billion international credit
      316 8 FT LONDON The Italian treasury was to announce yesterday that it was seeking 5 billion ECUs (SSB.7 billion) from international banks. It has asked J P Morgan, the US bank, to coordinate the 5-bil-lion-ECU, five-year facility. The bank will be asking a group of
      FT  -  316 words
    • Article
      Lock icon Higher UK producer prices spark new inflation worries
      393 8 Reuter LONDON A sharper-than-expected rise in the price of goods leaving British factory gates in January could signal that inflationary pressures are building up again in the economy. analysts said yesterday. Unadjusted output prices rose 0.9 per cent in January taking the
      Reuter  -  393 words
    • Article, Illustration
      Lock icon The tragedy behind the smiles
      85 8 AFP BUKAVU, Zaire They may have lost their homeland and loved ones in a brutal civil war, but these 38,000 Rwandan refugees were all smiles when I N Commissioner for Refugees Sadako Ogata visited the eastern camp of Kashuha in Bukavu. Ms Ogata was there
      AFP  -  85 words
    • WORLD WATCH
      • Article
        Lock icon Germany slashes deficits by 26%
        94 8 AFP WIESBADEN, Germany Germany reduced its public deficits by 25.7 per cent in the first nine months of 1994 to 95.5 billion marks (5591.3 billion) from the figure for the same period of 1993, the Federal Statistical Office reported yesterday. Total public debt amounted to
        AFP  -  94 words
      • Article
        Lock icon Backing for single European currency
        115 8 Reuter LONDON Nearly two-thirds of UK finance directors surveyed for BBC Television's "The Money Programme" think a single European currency would benefit their business, the British Broadcasting Corporation said in a news release on Sunday. The Mori survey questioned 100 finance directors from the UK's
        Reuter  -  115 words
      • Article
        Lock icon Peru president on border conflict
        79 8 Reuter LIMA President Alberto Fujimori said in an interview on Sunday night the border conflict with Ecuador is likely to worry investors if it drags on but Peru's economy remains solid and plans to maintain the country's fiscal balance while containing inflation. The Peruvian economy,
        Reuter  -  79 words
      • Article
        Lock icon Egypt parliament passes union polls law
        78 8 AFP CAIRO The Egyptian parliament on Sunday passed a law giving the government new powers over union elections amid bitter opposition from unions controlled by the fundamentalist Muslim Brotherhood. The law. amending legislation adopted in 1993, calls for the establishment of a legal committee
        AFP  -  78 words
      • Article
        Lock icon 100,000 illegal workers leave S Arabia
        69 8 Reuter DUBAI More than 100.000 illegal foreign workers have left Saudi Arabia since a crackdown by authorities started in December, Saudi Interior Minister Prince Nayef Bin Abdul-Aziz said. The official Saudi Press Agency said Prince Nayef announced on Sunday night that "the success of
        Reuter  -  69 words
      • Article
        Lock icon Yeltsin may block pay hike: minister
        63 8 Reuter MOSCOW Russian Finance Minister Vladimir Panskov yesterday said he was sure President Boris Yeltsin would veto a parliamentary decision which would more than double the minimum wage. Mr Panskov told Interfax news agency he believed Mr Yeltsin could soon veto the decision to
        Reuter  -  63 words
    • Article
      Lock icon Mexico needs quick political fix to ease financial woes
      331 8 Los Angeles Times, AFP LOS ANGELES As the Mexican government's military crackdown in the southern state of Chiapas intensifies, economic analysts are warning that a quick resolution of the latest political crisis is essential to avoiding another round of serious financial
      Los Angeles Times,; AFP  -  331 words
    • Article
      Lock icon Need for new global investment rules
      275 8 Reuter BRUSSELS The top trade representatives from the European Union and Canada yesterday agreed that new. global rules were needed on overseas investment. A European Commission spokesman said Canadian International Trade Minister Roy Maclaren and EU Trade Commissioner Leon Brittan also agreed that it
      Reuter  -  275 words
    • Article, Illustration
      Lock icon Three prominent Americans in race to head the World Bank
      383 8 the pres NYT NEW YORK Three prominent Amerieans are angling to replaee Lewis Preston as president of the World Bank. Mr Preston. 68, disclosed this month that he has cancer, and he is widely expected to retire soon. The principal
      the pres NYT  -  383 words
    • Article
      Lock icon Saatchi fails to get court injunction against ex-chairman
      170 8 Bloomberg Business News, Reuter LONDON Saatchi Saatchi Co pic, the UK advertising group, has failed in an attempt to get a court injunction against former chairman Maurice Saatchi and three former top executives to prevent them from setting up a rival advertising
      Bloomberg Business News,; Reuter  -  170 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      233 7 PLASTICS TechnologyAsia9s The Asian International Plastics Rubber Processing Machinery Materials Exhibition brings the world of plastics to you! 111 J MpnSfi B pfspp^Q fflj Source for all your manufacturing needs... abreast of the latest trends and technology in the industry... Afee/ key players and companies in the plastics and rubber
      233 words
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      Page 7 Advertisements Column 2
      250 7 Would Sir Like His Speedos Ironed? I There a polite cough and a discreet golf this afternoon when j 25 knock at tlie door of your luxury suite on hoard you arrive at the port. The mammm g the MegaS tar Aries, one of Asia s most har upstairs is
      250 words
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  • Page 8 Advertisements
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      135 8 Stremler FRAMELESS SHOWER SCREEN >ti itabjef >r Condominium Housjng^projects Individually designed Spring tension to swing inwards* outwards and to self dose Increases sense of space within the bathroom Available in Bmm 10mm tempered glass c/w stainless steel, satin, brass, gold, finest quality hinges and accessories We provide shelf companies and
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Work begins on Wing Tai's Hagemeyer condo project
      315 9 WORK has started on the Wing Tai group's plan to transform the former Hagemeyer site at Bukit Timah into a plush 220unit condominium project. Demolition work has been completed, earthworks are scheduled to take place soon, and the main contract is likely
      315 words
    • Article
      Lock icon Relief soon for Thai developers
      375 9 Property groups can expect better profit margins by end-1995 after period of rivalry, high interest rates Reuter THAI property developers, struggling to maintain profit margins after a flood of new players in the last couple of years, should see some relief by the end of
      Reuter  -  375 words
    • Article
      Lock icon HK's housing supply tipped to fall this year
      448 9 Stanchart also calls for relaxation of measures banning advance apartment sales Bloomberg Business News, Reuter THE supply of new Hongkong residential property will fall this year and in 1996 despite the government's pledge to put more land on the market with the
      Bloomberg Business News,; Reuter  -  448 words
    • Article
      China Merchants targets US$150m Beijing project
      290 9 CHINA Merchants Holdings is poised to take a 70 per cent stake in a US$l5O million (SS2I7 million) commercial property development in Beijing's business centre. The group is negotiating for the project with several mainland parties including China Merchants Bank's Beijing office and the
      290 words
    • Article
      Bombay's high rental costs hit foreign firms
      283 9 SOME property laws in India pose potential pitfalls for foreign firms, warns the latest edition of Asia Pacific Property Trends, published by international property consultants Colliers Jardine. The managing director of Collier Jardine India, Michael Thompson, writes in the issue: "In order to
      283 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      312 9 rTTTTITITTIh T J\ A I I Selected transactions 1-—1 1 TVP. [jr^l T ""l TI PRIVATE Feb 6,1995 0512 FaberPark j Detached 4+l 4000/8150 FH 6,000,000 736 Feb 8.1995 1955 [jalanUmbok Semi-detach 1600/2800 999 1,400,000 500 Feb 9,1995 1730 Loyang Villas Terrace s+l 2575/1615 99 1,180,000 731 Feb 9,1995 2159
      312 words
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      Page 9 Advertisements Column 2
      20 9 CLASSIFIED ADVERTISING IS AFFORDABLE, FAST-ACTING, FAR-REACHING, IMMEDIATE AND, BEST OF ALL... EASY to use. Just call 1800-737-1166 CATS. TnillTllTlllllll]]]] 1
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      Page 9 Advertisements Column 3
      187 9 Give Your Face That Executive (jlljLook Premature wrinkles, eye bags, open pores, greasiness, worry lines and general pallidness is how your skin responds to the demands of the business world. The Men's Skin center can treat such skin defects with the Executive programme. Experience renewed confidence that comes from having
      187 words
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  • SPORTS
    • Article, Illustration
      Lock icon Sandelin makes miracle chip to take Canary Islands trophy
      662 10 Golf AFP MASPALOMAS, Canary Islands Sweden's Jarmo Sandelin won the Canary Islands Open by one shot after producing a miracle chip at the 15th hole here on Sunday. The Swede's remarkable win his first on the European Tour deprived what had
      AFP  -  662 words
    • Article, Illustration
      Lock icon Walsh deals worst ever defeat to NZ
      612 10 Reuter WELLINGTON Inspirational bowling by West Indies captain Courtney Walsh inflicted the worst defeat on New Zealand in their cricketing history when they lost the second test by an innings and 322 runs yesterday. Resuming at 52 for three after following on 444
      Reuter  -  612 words
    • Article
      Lock icon Ex-cricket captain refused A$1m bribe to lose '93 test: report
      466 10 Reuter SYDNEY Former Australia cricket captain Allan Border refused a AS! million (SSI.OB million) bribe to lose a test match against England in 1993. Sydney's Telegraph-Mir-ror newspaper reported yesterday. Border was offered the money by a former Pakistani test player,
      Reuter  -  466 words
    • SCORE CARD
      • Article, Illustration
        Golf
        208 10 LA JOLLA, California US$l.2 million (551.75 million) Buick Invitational of California final round on Sunday (US unless noted): 269 Peter Jacobscn 68 65 68 68 273 Mark Calcavecchia 71 67 67 68. Mike Hulbert 70 65 70 68. Kirk Triplet! 69 69 66 69. Hal Sutton 67 69 68
        208 words
      • Article, Illustration
        Tennis
        68 10 SAN JOSE U*****,000 San Jose Open final on Sunday: 1-An-drc Agassi (US) b 2-Michacl Chang (US) 6-2 1-6 6-3. CHICAGO U*****,000 Aroeritech Cup final on Sunday: 3-Mag-dalcna Malccva (Bui) b Lisa Raymond (US) 7-5 7-6 (7-2). DUBAI US$l million Dubai Open final on Sunday: 4-Wayne Ferreira (SA) b Andrea
        68 words
    • Article
      Lock icon Sponsorships bring record profit dream closer
      610 11 Rugby World Cup Reuter LONDON Rugby's 1995 World Cup. which kicks off in South Africa in May, has scored two key commercial successes recently, paving the way for record results from the world's third largest sporting event. International office equipment group Rank Xerox agreed
      Reuter  -  610 words
    • Article, Illustration
      Lock icon Western stars romp to a 139-112 victory
      862 11 NBA All-Star Game NYT PHOENIX Maybe some of the Eastern Conference players spent too much time soaking up the Phoenix sun. Maybe the Western Conference, which has been the stronger conference all season, simply wanted to prove a point. Whatever the case, Sunday's
      NYT; Reuter  -  862 words
    • Article
      Lock icon Look beyond the Hill for more good guys
      803 11  -  There are other NBA role models besides the much-hyped Grant Hill, says Harvey Araton Harvey Araton NYT PHOENIX Contrary to the prevailing notion that professional basketball has been taken hostage by marauding, trash-talking toughs, not one player refused to enter the rookie
      NYT  -  803 words
    • Article
      Lock icon Jordan could reach the majors before season ends
      357 11 AP CHICAGO As Michael Jordan enters his second year as a professional baseball player, there is a tantalising opportunity: If he makes as much improvement in 1995 as he did as a rookie, he could be a member of the White Sox
      AP  -  357 words
    • SIDE LINES
      • Article
        Lock icon Agassi takes San Jose men's title
        118 11 Reuter SAN JOSE Andre Agassi outslugged second-seed Michael Chang 6-2 1-6 6-3 to win the U*****,000 (*****.900) San Jose men's tennis tournament on Sunday. Agassi began strongly, displaying a thundering ground-stroking game to take the opening set against the two-time title holder. But Chang,
        Reuter  -  118 words
      • Article, Illustration
        Lock icon Ahead of his time
        56 11 Reuter GHENT. Belgium Kenyan Moses Kiptanui posing next to the timer displa\ing his new world 3.000 metres reeord during the Coca-C ola Indoor in Ghent on Sunday. Kiptanui broke his own best when he clocked seven minutes. 35.15 seconds. His previous best, set in Seville in
        Reuter  -  56 words
      • Article
        Lock icon Goosen wins S A Open with eagle
        156 11 Reuter JOHANNESBURG Retief Goosen finished in superb style with an eagle on the last hole to complete a runaway five-stroke win in the South African Open on Sunday. Goosen, whose last win on the South African tour was the 1993 Edgecombe Trophy, had
        Reuter  -  156 words
      • Article
        Lock icon Maleeva bags Ameritech Cup
        107 11 Reuter CHICAGO Third-seed Magdalena Maleeva. a last- minute entry, defeated Lisa Raymond 7-5 7-6 (7-2) on Sunday to win the U*****.000 Ameritech Cup. The U5579,000 first prize made the Bulgarian the 62nd woman professional tennis player to earn USSI million in a career. Raymond, who beat
        Reuter  -  107 words
      • Article, Illustration
        Lock icon Blair sets new speed skate record
        105 11 AFP CALGARY America's world champion speed-skater Bonnie Blair set a new world record for 500 m here on Sunday, defeating her closest rival in the fastest women's race of all time. Canadian Susan Auch. who beat Blair in their last two meetings on Saturday
        AFP  -  105 words
      • Article
        Lock icon 35 NBA refs under tax probe
        133 11 Reuter PORTLAND. Oregon At least 35 National Basketball Association referees are under investigation for allegedly evading taxes on income from the sales of unused airline tickets, a Portland newspaper reported on Sunday. The Oregonian said it had learnt from several sources that the Internal
        Reuter  -  133 words
    • Article
      Lock icon China banned from Pan Pacific swim meet amid drug charges
      409 11 AP HONOLULU China, facing accusations that its swimmers use performance-enhancing drugs, has been banned from this summer's important Fan Pacific meet. The Pan Pacific Swimming Association is the first international organisation to bar the Chinese. The ban. announced on Sunday,
      AP  -  409 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      462 10 UFESTIIE JHL Experience 120 years of 1 'I x tradition atjS^^ Audemars (UtS^h "V j" Sfflfk /A±S37\ Piquet Museumr^^^) La Vallee de Joux in the Swiss Jura, some 50 km north of Top Prize: A fascinating SD/4N trip to Switzerland for two by Geneva, is the cradle of the watchmaking
      462 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1052 12 Nothing Beats A BtldT HHfflfl WHERE TO WINE, DINE AND ENTERTAIN OK I J 1.., l Bf I M »r- l I I Cafe Flora VALENTINE'S DAY BUFFET DINNER 14 February 1995 Our spread of Norwegian Smoked Salmon, Chicken Consomme, Fresh Oysters on Ice, Roast Beef with Mushroom Sauce and
      1,052 words
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      Page 12 Advertisements Column 2
      385 12 Celebrating Fish Let's drink to fish. Bouillabaisse or Tom Yam? Top of the M celebrates fish with a lunch buffet of every imaginable fish recipe. Salmon, sole. Ify* snapper, sea bass... if it can be caught, it can be cooked. And we know all the delicious wags. YTj Continental or
      385 words
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  • LIFESTYLE
    • Article, Illustration
      Play on life here offers night of fun
      762 13  -  When being the best means little. Susan Tsang looks at Action Theatre's digs at Singapore stereotypes Susan Tsane ACTION Theatre's latest offering. Best Foot Forward! is certainly a step in the right direction. This was so even when seen on a Saturday
      762 words
    • Article, Illustration
      Geldof and wife parting ways
      424 13 CHATTERBOX POP STAR Bob Geldof and his wife, Paula Yates, are parting "for a while" after 18 years together, a British tabloid has reported. The News of The World published a handwritten letter, signed "Bob and Paula" which it said it received by fax from
      424 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      502 13 WHERE TO WINE, DINE AND ENTERTAIN ligtovJfostErs 11 FSI Idj l ""UGj oid e English Eating House I 277 Orchard Rd #02-38 Specialists' Centre S (0923) I When you spend $25/- or more at Fosters for lunch or afternoon tea from Mon-Sat, show us your valid L I daily or
      502 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1067 13 1 TV RADIO QED: Food Fights. 10.30pm. The Marklews struggle to get their young son to eat. There's JH| /A\ no physical reason for his re- ;*j ff-j fusal to eat, so they turn to a "J psychologist who deals with Hf food problems. His advice is an eye-opener for
      1,067 words
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  • Article
    MAS' reminder on prudence
    549 14 EDITORIAL THH Monetary Authority of Singapore moved decisively earlier this month to remind Singaporeans that instead ot spending what they don't have, they must first earn and save. Judging from the flurry of appeals from various quarters from car distributors to home renovation firms the MAS
    549 words
  • WHAT THE OTHERS SAY
    • Article
      Asia through Asian eyes
      290 14 SENIOR MINISTER Lee Kuan Yew presented an interesting set of figures in his speech at the Tanjong Pagar GRC Lunar New Year dinner last week. Western influence in Singapore stands at 60 per cent today, he said, with core Asian values exerting an influence of 40
      290 words
    • Article
      Reaction to Chechnya crisis
      117 14 THE WEST'S initial response to the Chechnya crisis was mild, thinking that it was a purely Russian domestic problem. But with televised pictures of the war and recent reports of Russian military deployment to former Soviet republics, Moscow has unveiled its militaristic stance. In view of
      117 words
    • Article
      Be flexible on new loan rules
      132 14 AS the main objective of the government's new measures is to curb excessive consumption, it is necessary to be clear on what is considered excessive consumption. Clearly, students taking loans to buy shares or to go on tours should not be encouraged. But borrowing
      132 words
    • Article
      Risky involvement
      103 14 THE most disturbing aspect of Xinhua's intervention is that it is acting as if China already runs Hongkong. It is sometimes easy to forget that Britain is still the sovereign power. How would China react if the future British consulate-general were to "coordinate" the campaigns of preferred candidates
      103 words
    • Article
      Problem of illegal workers
      219 14 BY NOW, Malaysia's labour pains must be legendary. For a developing country, it is already suffering from problems more likely to be associated with the industrialised world. Developing countries are supposed to have not only ample, but also cheap, labour. Malaysian labour is neither. Conservative estimates
      219 words
    • Article
      Cumbersome bureaucracy
      184 14 JUST about anybody who has had dealings with the Thai civil service establishment will come to the same conclusion: bureaucratic reform appears impossible. But most observers also recognise that the biggest drawback to the country's development today is the same cumbersome bureaucracy. But the country can no longer
      184 words
  • Article, Illustration
    Clinton passing the buck to Republicans
    1121 14  -  Having received so much rap over his first budget proposal. Bill Clinton decided to play it safe this time round. Leon Hadar reports from Washington Leon Hadar WHEN US President Bill Clinton tried to push through in Congress his first budget proposal in 1993.
    1,121 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      109 14 Bras i wI J X 00 5 Hz H-< 5 -5 O i j w ®If fi£ a 5J W <* jssf X Ki CO I u z o> r| O N essi 51 0° > pui! 8 i cm o E o I Di m -t: 6c C/ 5
      109 words
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      Page 14 Advertisements Column 2
      280 14 INFliiline In English Number Your Daily Stars 8450 The Aquarius Employee; Win Prizes! Entertainment News 8451 Battle Of Songs... Ghost Stories 8452 The Ring; Win Prizes! Children's Funland 8453 Biz Quiz Face Facts: Life Region 8454 Dreamland 8455 Fandi Ahmad Realising Dreams; Coping With Office Politics Chinese Almanac (Daily) 8456
      280 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      101 14 I old >s iwe TvA«£jr >(£&?& vJea -wou sfw.wv-wrsiviis ?Trs\ GR Rg-fekred I u>v4ee£.-m6. d&V.L PITDHGD stbongl-YJ 7 l*s rue P*XD HPnD I OP s ..1 v^/"f 5 C ASSOCIATED NFWifWf US LTD.IMMtM ©cC» 3 DOONESBURY GARRY TRUDEAU fp 111 T^JfTw^UOUTAT^ THAT BUDGET <\.J CujM *20,000 A POP I I
      101 words
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  • ANALYSIS
    • Article, Illustration
      Tokyo sees little need to give debt relief
      1329 15  -  The appreciation of the yen has increased Asia's debt burden. However, the burden is not as great as it appears, writes Anthony Rowley from Tokyo Anthony Rowley THERE is little sympathy in Japanese official circles for the idea of offering relief to
      1,329 words
    • Article
      Lock icon Will Lloyd's win in game of Snakes and Ladders?
      1274 15  -  Ralph Atkins looks at the pros and cons of Equitas, Lloyd's unique solution to the problem of outstanding claims on old insurance policies Ralph Atkins FT OUTSTANDING CLAIMS on old insurance policies, some dating back decades have long cast a shadow
      FT  -  1,274 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      233 15 A growing triangle? The Riau islands Batam, Bintan and Karimun-took offwith great fanfare five years ago ■■Mjtf*' along with the Growth Triangle. What'sthepicturenow? Kfl ALSO IN THIS ISSUE: Interest rate hikes: What stocks will hurt? How investors buy stocks, property Japan'spainful privatisations House Hunt: Your pulse on residential property prices
      233 words
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  • Article
    Apec's Osaka summit should cover trade liberalisation: Cheow Tong
    501 16  -  By Yang Razali Kassim SINGAPORE Singapore, a keen Apee supporter and an emerging leading light of the World Trade Organisation (WTO), says trade liberalisation in the Asia-Pacific by 2020 has to be on the agenda of this year's Apec summit in
    501 words
  • Article
    Lock icon Slower growth may prompt Fed to cut rates in '96: White House
    399 16 Bloomberg Business News, Reuter WASHINGTON The Clinton administration's latest economic forecast implies that the Federal Reserve's campaign to slow economic growth will be so successful that the central bank may have to cut interest rates next year. In
    Bloomberg Business News,; Reuter  -  399 words
  • Article, Illustration
    Lock icon World's first 1-gigabit DRAM chip
    47 16 AFP TOKYO Nippon Electronics Company (NEC) senior executive vice-president Dr Hajime Sasaki showing the world's first one gigabit dynamic random access memory (DRAM) yesterday. The microchip offers a one-gigabit file memory with a data transmission rate of 400 megabytes per second. AFP
    AFP  -  47 words
  • Article
    Lock icon Russian, Chechen commanders agree on partial ceasefire
    221 16 Reuter MOSCOW Russian forces reached a ceasefire agreement with Chechen fighters relating to heavy weapons, the Defence Ministry said yesterday, adding that follow-up talks would seek to broaden the truce. A ministry spokesman in Moscow said the ceasefire agreement was reached in the
    Reuter  -  221 words
  • Article
    Lock icon US, Indian firms sign US$1.4b deals
    298 16 Reuter NEW DLLHI Indian and US firms yesterday signed nearly two do/en energy deals worth US$l.4 billion (SS2 billion). capping US Energy Secretary Hazel O'Leary's second visit to the power-starved south Asian nation in seven months. Vis O'Leary said the fresh agreements raised to
    Reuter  -  298 words
  • Article, Illustration
    A lack of individual responsibility in US?
    766 16  -  The Bottom Line RUDI DORNBUSCH RUDI DORNBUSCH The writer is professor of economics at the Massachusetts Institute of Technology THE BATTLE tor 1996 is on: President Bill Clinton is fighting for survival by invoking divisive class prejudice, while the Republicans are no better
    766 words
  • Article
    Plan to rescue 2 credit unions may embarrass Murayama
    162 16  -  From Anthony Rowley in TOKYO A CONTROVERSIAL plan announced late last year to rescue two small Japanese credit unions, using public funds for the first time in the post-war period, could cause considerable embarrassment to embattled Prime Minister Tomiichi Murayama. According
    162 words
  • Article
    Lord Cairns replaced as Warburg CEO after mass defections
    378 16  -  From Neil Behrmann in LONDON LORD CAIRNS, chief executive of SG Warburg, has been axed, following mass defections at the troubled British investment bank. David Scholey succeeds him as chief executive and Brandon Gough. a non-execu-tive director, will become deputy chairman.
    378 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      119 16 /T77PPPTPV SMUf' UCCESS ENSURED BY THE RIGHT CHOICE f PRIME RESIDENTIAL DEVELOPMENT 1 I SITE CLOSE TO THE CBD 11 I Location: Kim Yam Road, District 9 I 1 Large land area of 76,831 sq ft FQR SALE I I Development Guide Plan: Residential BY TENDER I I (Plot Ratio
      119 words
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      Page 16 Advertisements Column 2
      247 16 Distributor for Nitsuko Keyphone Systems A EPABX: Sifi/tfAPORE SINGAPORE COMMUNICATIONS EQUIPMENT CO PTE LTD ref 278 TOSQ ■Every Call Is A Commitment! Happy Valentine's Day N qingrenjie kuaile WAl* tfcsß This year the Chinese Lovers' Day (vuanxiaojie falls on the 14th of February wnich is also Valentine's Day. It is
      247 words
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  • COMPANIES & MARKETS
    • Article
      2 Sembawang units form joint ventures in India
      392 17  -  By Juliette Walker SINGAPORE Sembawang Corporation deepened its involvement in India yesterday when two of its units signed joint venture agreements with Indian partners. Sembawang Projects Engineering Company Pte Ltd (Sempec), a Sembawang subsidiary, and Sembawang Maritime Ltd (SML), a listed associate
      392 words
    • Article, Illustration
      Lock icon NatSteel rating up on higher steel prices
      654 17 Reuter SINGAPORE Higher world steel prices and anti-dumping duties have improved the outlook for shares in Singapore's Nat Steel Ltd, which last year slashed prices twice to protect market share. Analysts yesterday said several stockbroking houses had upgraded shares in Nat Steel Ltd,
      Reuter  -  654 words
    • Article
      Signs point to 60th birthday bonus for UOB shareholders
      897 17  -  HOCK LOCK SIEW By Alvin Tay SINGAPORE There is cause for a double celebration at United Overseas Bank. The banking giant turns 60 on Aug 6 this year. And its flagship building, UOB Plaza, will be officially opened then. All this
      897 words
    • Article
      Cool response expected for Kwong Yik Bank's shares
      356 17  -  From Ho Kay Tat in KUALA LUMPUR AFTER years of operating under the shadow of its giant parent company Malayan Banking Bhd (Maybank), Kwong Yik Bank Bhd (KYBB) will carve out its own identity when its shares start trading on the Kuala
      356 words
    • Article
      Singapura Building Society posts 13% jump in earnings
      152 17 SINGAPORE Singapura Building Society yesterday reported a 13 per cent jump in interim group net earnings to $2.87 million. But earnings per share fell to six cents, down from 6.9 cents in the six months ended December 1993, when the finance company
      152 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        46 17 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance, Baring. Daiwa, Fraser, GK Goh, Kay Hian, Morgan Grenfell, OngCo, Nomura, Phillip, Smith New Court, Wl Can and SG Warburg.
        46 words
      • Article, Illustration
        HOT STOCK
        123 17  -  -By Paul Leo WBL Corporation is likely to face some short-term weakness from its close of $3.06 yesterday. Daily Relative Strength Index near 100 indicates a highly overbought situation. The stock is likely to fall back towards support between $2.80-$3.00 but this should be taken as a buying
        123 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          CityDev chief has executive powers
          50 18 SINGAPORE Property group City Developments said yesterday that chairman Kwek Leng Beng still had executive power over the business operations and management of the company. This is despite the earlier announcement that he had resigned as the managing director and has been appointed the chairman.
          50 words
        • Article
          SIA orders Learjets
          64 18 SINGAPORE Singapore Airlines has ordered two Learjet 31 and four Leaijet 45 aircraft from Learjet Corp of the US. The total value of the contract is US$56 million. The Learjet 31s, to be delivered at the end of this year, will replace SIA has used since 1991.
          64 words
        • Article
          DBS Land associate gets licence
          54 18 SINGAPORE Shanghai Hua Ging Real Estate Development Co, an associate of DBS Land, has been issued a business licence. The Chinese firm, which will have registered capital of US$5O million, is undertaking a 12,346 sq m development project in Shanghai at an estimated cost of
          54 words
        • Article
          New Heineken director
          27 18 SINGAPORE Asia Pacific Breweries said yesterday that Briton David Richard Hazelwood would succeed J B H M Beks as a director of Heineken NV.
          27 words
        • Article
          Hiap Moh sets up Tianjin branch
          26 18 SINGAPORE Hiap Moh Paper Beijing, a wholly owned subsidiary of Hiap Moh Corp, has set up a branch in Tianjin.
          26 words
        • Article
          Lock icon Tenaga looking at grid venture
          34 18 MBT KUALA LUMPUR Electricity utility Tenaga Nasional said yesterday it might take part in an equity venture to make various components for the country's 500 kilvolt power transmission grid.
          MBT  -  34 words
        • Article
          Lock icon Indah Kiat rises on pulp price
          50 18 Reuter JAKARTA The price of Indah Kiat Pulp and Paper Corp's foreign shares rose almost 7 per cent or 200 rupiah (550.13) yesterday to 3,150 rupiah on high turnover of almost 800,000 units. Analysts said news of rising pulp prices sparked investor interest. Reuter
          Reuter  -  50 words
        • Article
          Lock icon STS to set up Indon joint ventures
          37 18 Bernama KUALA LUMPUR STS Tecnic, which is seeking a listing on the second board of the Kuala Lumpur Stock Exchange, is negotiating joint ventures to make plastic products in Indonesia.
          Bernama  -  37 words
        • Article
          Sunway names two to board
          22 18 KUALA LUMPUR Sunway Building Technology has appointed Mirzan Mahathir chairman and Nizam Tun Abdul Razak a director.
          22 words
      • Article
        DIVIDENDS ANNOUNCED
        267 18 Payment Ex Books Pay (S) date close date Asia Pacific F 20N Feb 6 Feb 10 Feb 22 Avimo 20* F I2.5TE Mar I Mar 7 Apr 15 Bcrjaya Group I 6 Mar 7 Mar 21 Apr 21 Bcrjaya Ind I 3.5 Mar 7 Mar 21 Apr 19
        267 words
      • Article
        Hongkong stock exchange to look again at a second board
        499 18  -  From Lim Soon Neo in HONGKONG THE Stock Exchange of Hongkong will review the need for a second board and look at introducing new Chi-na-related products and services as part of its plan for the next three years. On a
        499 words
      • Article, Illustration
        Lock icon Producing iron powder for regional markets
        61 18 AFP KUALA LUMPUR Eric Chia, the managing director of Perwaja Steel, one of South-east Asia's largest steel producers, speaking at a news conference yesterday. Mr Chia said the state-owned Perwaja and the government's Standards and Industrial Research Institute have plans to pioneer commercial production
        AFP  -  61 words
      • Article
        Lock icon Indosat earnings will be higher than projected
        271 18 Bloomberg Business News JAKARTA The Indonesian telecommunications company Indosat is expected to announce better than projected full-year 1994 earnings tomorrow afternoon. Analysts yesterday said that Indosat's results will get a lift from the Apec leadership conference last November and the failure of newly-licensed
        Bloomberg Business News  -  271 words
      • Article
        Lock icon Chin Teck makes inroads into property development
        206 18 NST KUALA LUMPUR Chin Teck Plantations Bhd's proposed joint development, with Malayan United Manufacturing Bhd (MUMB), of a township in Port Dickson. Negri Sembilan, will pave the way for the company's entry into property development. Known as a conservative plantations concern. Chin Teck
        NST  -  206 words
      • Article
        Lock icon Outlook for Asian property stocks still mixed
        715 18 MARKET WATCH Reuter HONGKONG The outlook for Asian property stocks in early 1995 remains mixed after a series of US-led interest rate hikes dramatically dampened the sector last year, analysts said. The property sub-sectors on most Asian markets fell sharply in 1994 after
        Reuter  -  715 words
      • Article
        SCMP Hldgs posts 16.4% increase in interim profit
        326 18  -  From Lim Soon Neo in HONGKONG SOUTH China Morning Post (Holdings) Limited, due to become part of the Hang Seng Index from Feb 28. yesterdayreported a 16.4 per cent increase in unaudited interim net profit to HKS300.6 million (SS56.7 million). The publisher
        326 words
      • Article
        Repco takes a M$180m punt on gaming industry
        318 18  -  From Ruth Wong in KUALA LUMPUR VEHICLE parts trading firm Repco Holdings Bhd has announced a multi-million ringgit deal which would propel it into the lucrative gaming industry. Repco said in a statement to the Kuala Lumpur Stock Exchange it would pav
        318 words
      • Article
        Comfort, not NTUC, is eyeing LRT project
        119 18 SINGAPORE Listed Comfort Group Ltd yesterday clarified that it and not the National Trades Union Congress (NTUC) was participating in a tender exercise for Singapore's Light Rail Transit (LRT) system. The company was responding to a BT report yesterday on the consortia that
        119 words
      • Article
        UNIT TRUSTS & FUNDS
        558 18 UNIT TRUSTS FUNDS Managers' priCM Feb 14 US Cir Fund 0.99 .03** Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.60 1.69 Unifund 1-35 F4I The Savings Fund 1.52 1.61 Unibond '02 I.04S S'porc Prog Fund 0.58 0.62 United Gr Fund' 1.56 1.63 S'potv Sec Fund 0.94 1.00 United
        558 words
      • Article
        Lock icon Pearson pays HK$1.3b for 10% stake in HK's TVB
        493 19 Reuter HONGKONG British media group Pearson pic has entered the world of Asian television, taking a 10 per cent stake in Hongkong's premier broadcaster Television Broadcasts Ltd (TVB) for HKSI.3 billion (***** million). TVB, a prolific drama producer and owner of
        Reuter  -  493 words
      • Article
        Lock icon Nomura's loss may mean more misery for Japan's brokers
        460 19 Bloomberg Business News TOKYO News last week of unprecedented losses at Japan's largest brokerage gave investors only a first taste of the miseries in the country's securities industry. Analysts yesterday said that as early as this week, other brokerages, big and
        Bloomberg Business News  -  460 words
      • Article
        Lock icon Goldman Sachs to pay US$250,000 fine to NYSE for trading violations
        384 19 Bloomberg Business News NEW YORK Goldman, Sachs Co agreed to pay a U*****,000 (*****,500) fine to the New York Stock Exchange for allegedly filling its own trading orders ahead of its clients', Big Board spokesman Raymond Pellecchia said on
        Bloomberg Business News  -  384 words
      • Article, Illustration
        Lock icon Foster's makes a spirited jump in earnings, plans acquisitions
        508 19 Reuter MELBOURNE Foster's Brewing Group yesterday toasted a surge in half-year profits whicfc defied the effects of currency losses, and dampened rampant speculation about the future of its British unit, Courage. In a sign that it was returning to financial health,
        Reuter  -  508 words
      • Article, Illustration
        Lock icon Thou shall be a toy
        74 19 Reuter NEW YORK Japanese magician/illusionist Princess Tenko (left) and her escorts reacting on Sunday as Mattel Toy's president and COO Jill Barad shows her the "Deluxe Princess Tenko," one of the new line of Mattel Toys based on her to be shown during next week's
        Reuter  -  74 words
      • Article
        Lock icon Fairfax shares hit 6-week high
        447 19 Kerry Packer believed to be increasing stake in Aussie publisher Bloomberg Business News SYDNEY Shares in Australian publisher John Fairfax Holdings rose to their highest level in six weeks yesterday, amid signals that the country's richest man. Kerry Packer, was increasing his stake. The manoeuvring
        Bloomberg Business News  -  447 words
      • Article
        Lock icon Hyundai Motor profit doubles due to strike-free production
        290 19 Reuter SEOUL South Korea's largest carmaker Hyundai Motor yesterday said that its profits more than doubled last year, thanks to strike-free production, and analysts said the company's shares were undervalued. Hyundai Motor, a major unit of the Hyundai Group, said net profits
        Reuter  -  290 words
      • COMPANY BRIEFS
        • Article
          Lock icon Softbank to buy Comdex rights
          61 19 Bloomberg Business News TOKYO Japanese eomputer software wholesaler Softbank Corp said it would buy from the Interface Group of the US the rights to Comdex, the world's leading computer exhibition, for US$BOO million (551.16 billion), Softbank president Masayoshi Son said at a news conference. Comdex
          Bloomberg Business News  -  61 words
        • Article
          Lock icon Singer's Thai unit posts better profit
          61 19 Bloomberg Business News BANGKOK Singer Thailand pic said its net profit for the three months ended Dec 31 was 126 million baht (557.3 million), up 7.7 per cent from a year earlier. On a per-share basis, the home appliance distributor earned 4.69 baht, up
          Bloomberg Business News  -  61 words
        • Article
          Lock icon No post-Deng change: Taiwan group
          52 19 Bloomberg Business News TAIPEI President Enterprises Corp, Taiwan's largest food and agriculture company, does not expect to slow its investments in the mainland after the death of Chinese leader Deng Xiaoping, vice-chairman CY Kao said, according to a report in the Economic Daily News. Bloomberg
          Bloomberg Business News  -  52 words
        • Article
          Lock icon Salomon equity strategist joins SBC
          79 19 Bloomberg Business News LONDON Marcus Grubb has quit his position as global equity strategist at Salomon Brothers International to join Swiss Bank Corp as global strategist. Swiss Bank said the move is "one of a series of new hires" by the company which is "capitalising
          Bloomberg Business News  -  79 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Beijing to import more oil products in policy reversal
        482 20 Reuter SINGAPORE Beijing, in a reversal of its masterplan. has decided to buy more refined oil products this year than expected and this could push oil prices higher throughout Asia. Chinese and industry sources said yesterday. China had originally planned to
        Reuter  -  482 words
      • Article
        Lock icon Viet and Thai robusta coffee sellers cling on to stocks amid shortage
        378 20 Reuter KUALA LUMPUR Key Asian robusta coffee sellers from Vietnam and Thailand are holding on to stocks, forcing a steep jump in regional prices and worsening a shortage in Western markets, trade sources said. "Vietnam and Thailand sellers
        Reuter  -  378 words
      • SMALL CHANGE
        • Article
          Lock icon Asia Credit paying 4.5 baht dividend
          70 20 Bloomberg Business News BANGKOK Asia Credit pic, the main investment banking subsidiary of Bangkok Bank pic, said it will pay a dividend of 4.5 baht for last year. The company has yet to report its full-year earnings. For the nine months ended Sep 30,
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Sime Darby's insurance broking unit
          45 20 Bernama KUALA LUMPUR Sime Zeta Hogg Robinson Insurance Brokers Sdn Bhd, which undertakes insurance and reinsurance broking and consultancy in Malaysia, has become a wholly-owned subsidiary of PSD Holdings Bhd, which is 51 per cent-owned by Sime Darby Bhd. Bernama
          Bernama  -  45 words
        • Article
          Lock icon Thai banks urged to tighten loans
          65 20 Knight-Ridder BANGKOK The Bank of Thailand is warning Thai commercial banks to tighten up on foreign currency denominated loans to their customers, reported The Nation newspaper yesterday. The bank will tell the Thai Bankers Association to be careful about foreign currency loans to local
          Knight-Ridder  -  65 words
        • Article
          Lock icon Philippine banks welcome competition
          59 20 Reuter MANILA Bankers Association of the Philippines president Rafael Buenaventura welcomed the entry of 10 new foreign banks, saying they would stimulate local banks and the economy as a whole. "We are looking forward to competing as well as working alongside the new entrants in efforts
          Reuter  -  59 words
        • Article
          Lock icon Loan for US-Saudi petrochem project
          82 20 Reuter DUBAI Underwriters of a US$7OO million loan to a US-Saudi petrochemical project hope to go to the world market for syndication any day now. Bankers said the underwriters have prepared a list of Saudi, regional and international banks in the US, Europe and Japan
          Reuter  -  82 words
      • Article, Illustration
        BEA eyes bigger share of HK property loans despite weak market
        527 20 HONGKONG Despite the lacklustre property market, Bank of East Asia (BEA) plans to boost its mortgage loans via the balance sheet of another bank. United Chinese Bank (UCB). As part of its short-term plan to increase its share of
        527 words
      • Article
        Lock icon Swiss Bank Corp may have breached insider trading rules
        392 20 FT LONDON The government has received advice from a senior QC that Swiss Bank Corporation may have breached insider dealing rules in its controversial purchases of electricity shares ahead of Trafalgar House's £1.2 billon (552.7 billion) bid for Northern Electric. No
        FT  -  392 words
      • Article
        Brent crude rise on higher demand
        304 20 Bfoomtmg ENERGY REPORT LONDON Brent crude oil futures extended a two-day, 1.5 per cent gain amid optimism low crude and petrol inventories in the US will boost demand from refiners. US plants are expected to restart over the next two to three weeks after
        304 words
      • Article
        Lock icon New York
        85 20 AFP NEW YORK The dollar was steady in early Wall Street trading yesterday with little official economic statistics available to stir activity. The ounce of gold meanwhile was 40 cents down at USS376. Shortly after trading opened for the day, the greenback was at 1.5190 marks, unchanged from
        AFP  -  85 words
      • Article
        Lock icon Currency Reports:London
        184 20 Reuter LONDON The dollar kicked off the European week in sombre mood following its bond-inspired dip on Friday with little on the agenda yesterday seen likely to lift the current depression surrounding the US currency. It slid below 1.52 marks on Friday after the US producer prices report
        Reuter  -  184 words
      • Article, Illustration
        Untitled
        1650 20 IraJe-uetthlnl injex iakttLu-J a*tin\t S'pure'< Hip H IraJin f partnm Base year IWIf US$/S$ forward rates Noon/Feb 13 ss Bid Oder 1-month ***** 1 4483 2-month ***** ***** 3-month ***** 1.4417 6-month 1.4324 1.4346 Sounr OCHC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m Ftk 13 Singapore dollars
        1,650 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen little changed
        1396 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures closed little changed on lack of fresh factors. Eurodollar investors were mostly sidelined as they awaited more data from the US to be released later this week, dealers said. Among the indicators are the Consumer Price Index
        Reuter  -  1,396 words
      • Article
        Tokyo rubber limit down at close
        657 21 COMMODITY REPORTS KIIDMT TOKYO: Rubber futures plunged to their daily limit of seven yen per kg at the close, with investors rushing to liquidate longs as bearish sentiment spread through the market. The benchmark July contract closed at 165.4. "Belief that the tight market
        657 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japanese feeders seek emergency corn
          58 21 TOKYO Four or five Japanese feed manufacturers plan to apply for a combined 40,000 to 50,000 tonnes of com and sorghum for emergency relief following the Kobe earthquake, a Mixed Feed Supply Stabilisation Organisation spokesman said. The Ministry of Agriculture approved the release of 150,000
          58 words
        • Article
          Australasian Gold to start production
          61 21 SYDNEY Australasian Gold Mines yesterday said it expects to start gold production in May after securing As 7 million (557.6 million) in project financing This will enable commencement of mining of the Red White and Blue deposit, which will initially produce 20,000 ounces of gold
          61 words
        • Article
          Rain raises hopes of sorghum crops
          55 21 SYDNEY Rain over Australia's northern grain bdt has raised hopes for further sorghum planting in central Queensland and improved prospects for crops in the south of the state. Australian Wheat Board state manager Adrian Hunter said the sorghum production estimate has been raised from
          55 words
        • Article
          India expects oil prices to soften
          70 21 NEW DELHI Indian traders expect vegetable oil prices, which were firm in much of December and January, to soften over the next few weeks. Oil prices are likely to rule easy as the National Dairy Development Board reportedly has entered the international market to
          70 words
        • Article
          MIM zinc concentrates output up
          57 21 SYDNEY Australian miner MIM Holdings Ltd yesterday recorded a slight increase in zinc concentrates production to 21,100 tonnes in the four weeks to Feb 6 versus 20,400 tonnes in the previous month. The latest figure represents 23 production days, compared with 25 days in the
          57 words
    • Article
      COMMODITY PRICES
      1463 21 Rubber Feb 13 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pa) Buyri Seiars As at 12 mm (S cents/kg) RSS 1 Contract (S cents/kg) Vnlumr Twn RSS 2 Mar 95 260 50 261 *> N 5SJS=;? SSSK Mar 95 258.00 475 u«c s Mar 95 250
      1,463 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1093 22 +0.3 SHARES ended nearly square yesterday after a choppy session interrupted by technical trading problems, brokers said. The key All Ordinaries Index ended 0.3 point firmer at 1.846.3. The All Industrials Index closed 3.1 firmer at 2.766.3 and the All Resources Index fell 2 to 1,151.2. Turnover was 155.9
        1,093 words
      • Article
        Manila
        585 22 17.32 Share prices surged, boosted by strong performance of the dominant carrier in the New York Stock Exchange, analysts said. The PSE Index rose by 17.32 points to 2.641.79. Turnover was to 5.16 billion shares valued at 1.59 billion pesos. The "strong" showing of telecommunications giant Philippine Long Distance
        585 words
      • Article
        Taipei
        586 22 -67.03 Stocks closed lower on profittaking after recent gains and brokers said cautious sentiment might persist in the near term. The index ended down 67.03 points at 6.498.21. Turnover was NT550.82 billion. "Buying interest was minor due to a lack of leads. Profittaking by short-term oriented investors also weakened
        586 words
      • Article
        Seoul
        425 22 +3.39 Stocks closed slightly higher in moderate trading although consolidation of large-capitalised stocks pared back gains from an early technical rebound. The Composite Index ended 3.39 points higher at 957.10. Advances led declines 471 to 283, with 100 stocks remaining unchanged. Volume totalled 24.69 million shares valued at 540.75
        425 words
      • Article
        New Zealand
        346 22 10.14 Shares rose for the first time in five trading sessions after Telecom rebounded as investors discounted the likely impact of increased competition, traders said. On Friday, some investors sold Telecom after it made an offer to competitor Clear Communications Ltd which may resolve a long running dispute
        346 words
      • Article
        Bombay
        67 22 -16.10 Sellers dominated trading yesterday, pushing down share prices. The 30-share BSE Index fell 16.10 points to 3.506.04. Analyst Manish Prasad said scattered buying failed to stem the downtrend triggered by "sustained selling pressure". 'Most people are either selling or waiting,' he said, adding that uncertainty about the results
        67 words
    • WORLD STOCK MARKETS
      • Article
        London
        647 22 -28.8 SHARE prices shuddered to a broadly lower close, rattled by strong UK producer price figures and fears that other data due later this week may point to the need for further rate rises, strategists and dealers said. The 0.9 per cent rise in UK January output prices topped
        647 words
      • Article
        Paris
        109 22 -19.09 French shares ended with clear losses, hit mainly by profit-taking after last week's 1.46 per cent gain. A decline in French bond prices also dampened enthusiasm. The CAC-40 Index ended down 19.09 points at 1.850.31. Paris trb 13 Ir Xir-liquide 7 45 00 *00 Alcalcl Anvihom 45) SO
        109 words
      • Article
        Frankfurt
        165 22 -4.51 German shares pared losses in after-hours trade but remain lower. Dealers said range trade was seen roughly between 2,100 and 2.120 until new orders or impulses appear. Metal worker wage conflict could become talking point. If union calls for strike ballot and strike is agreed on. DAX could
        165 words
      • Article
        Brussels
        169 22 -1.01 Belgian shares ended marginally weaker and dealers said they expected dull trading at least until after the release of US CPI data tomorrow. "There's no reason for investors to move into the market at the moment. 1 don't see any big price moves over the next few days."
        169 words
      • Article
        Milan
        159 22 •134 Italian shares fell back in thin technical trade ahead of the close of the February account today. Brokers said there could be a technical reaction today but the mood remains bleak. "It is not as if there is much good news about and the market is fairly full
        159 words
      • Article
        Amsterdam
        256 22 -0.89 Dutch shares closed lower after a quiet session in which the institutions shunned the market and players let prices drift in line with other bourses in Europe. Early fractional gains on the back of a firm overnight Wall Street quickly evaporated and the market spent most of the
        256 words
      • Article
        Stockholm
        128 22 •14.03 Swedish shares opened strongly but could not maintain the momentum in the face of a rise in bond yields and receding European bourses. The OVIX Index fell 14.03 points to 1.178.90 in turnover of 518 million crowns. "It is a typical slow Monday bourse with no remarkable features."
        128 words
      • Article
        Zurich
        288 22 +0.6 Swiss stocks closed little changed as a late surge in shares of Union Bank of Switzerland and buying of pharmaceutical issues offset a fall in CS Holding. The SMI Index closed up 0.6 point at 2,636.0. with eight stocks rising, five unchanged and 10 tailing. The SPI Index
        288 words
      • Article
        Johannesburg
        296 22 -8.6 South African shares posted percentage declines on the back of a firm financial rand and weaker gold price, while other stocks drifted oft' on limited interest. The market had found few fresh supporting factors, and succumbed to the firm finrand and slightly softer gold price. The Overall Index
        296 words
      • Article
        Toronto
        258 22 -9.32 Stocks fell in quiet early trading with further sluggishness seen as players await this week's key US inflation data, traders said. The TSE-300 Index was down 9.32 points to 4.101.23 on volume of 7.86 million shares valued at C 556.10 million. Declining issues outpaced advances 166 to 132.
        258 words
      • Article
        New York
        710 22 +2.02 The Dow Jones Industrial Average, which edged up 6.39 points on Friday, was ahead 2.02 points to 3.941.09 at Ham EST. The New York Stock Exchange Composite Index was ahead 0.13 to 261.93, while Standard Poor's 500-stock Index was up 0.26 to 481.72. Advances edged declines 926-881
        710 words
      • Article
        Untitled
        739 22 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit <8 MOO >*6500 M.m Jenev C«k 0.1893 0 1 992 Mim Ma* Income ***** ***** ISS Cash Income Plus Fund *9 KM) *9 8000 PS Re*ne Fund MUX) 5 4000 Sterling Kquit) Euro Performance 0 4592 0 4438 Far East Fund
        739 words
    • Article, Illustration
      Lock icon HONGKONG
      3090 23 Bloomberg Business News HONGKONG Stocks were little changed as traders fretted over prospects for a flood of new warrants. A drop in the shares of HSBC Holdings pic and Hongkong Telecommunications Ltd, the biggest stocks in the Hang Seng Index, more than offset a rise in some stocks. Concern
      Bloomberg Business News; Source: Bridge Info  -  3,090 words
    • Article, Illustration
      Lock icon CHINA
      648 23 CLSA H SHARES gained 3.6 per cent yesterday. The most heavily traded counter Maanshan, on turnover of HKS4B million, jumped 9 per cent. Bohai posted an 8.8 per cent gain. After the surge last week, Shanghai saw some profit-taking, although the B shares still managed to rise another 2.4
      CLSA  -  648 words
    • Article, Illustration
      Lock icon TOKYO
      2449 23 Reuter TOKYO Stocks ended narrowly mixed yesterday after bursts of index-linked buying vied with dealer profit-taking in construction shares. But the absence of active participation by foreign and institutional investors, and a dearth of trading incentives, kept market turnover low, brokers said. "Last week, Fudo Construction and Penta-Ocean Construction
      Reuter; Source: Bridge Info  -  2,449 words
    • Article, Illustration
      Lock icon BANGKOK
      1818 23 AFP BANGKOK The SET index shed 18 points, or 1.38 per cent, to close at 1.283.97 points in sluggish trading yesterday after institutional investors sold off blue-chip issues, brokers said. Some 57.05 million shares worth 4.2 billion baht changed hands ahead of a public holiday today. Declines outstripped advances
      AFP; Source: Bridge Info  -  1,818 words
    • Article, Illustration
      Lock icon JAKARTA
      1164 23 Reuter JAKARTA Share prices closed higher after relatively heavy trading, boosted by cross trading and active foreign participation. dealers said. One broker said cross trading of 60 million Putra Surya Perkasa shares and 4.176.000 Hexindo shares helped to boost yesterday's overall volume. Foreign players were active, trading Bank Bali.
      Reuter; Source: Bridge Info  -  1,164 words
    • Article
      CLOB INTERNATIONAL
      2091 24 Gr Gr IVol Ih) Dh Di» Nrt M Cap High Low Coapaay Sale (XMM) High \um Bayrr Seller C"Vf P/fc S"»U MALAYSIAN STOCKS W* 71 m MSB 50c MO +6 218 306 297 284 29« 3.0 2.9 0 J 308 206 77.5 m AMDBSOt 121 +1 1630 127
      2,091 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares end mixed as rally loses steam
        6827 24 Bloomberg Business News KUALA LUMPUR Stocks ended mixed after rising as much as 1.3 per cent, as investors lost confidence in a rally based more on speculation than fact. "It turned a bit cautious," said a dealer. "I think we'll see more profit-taking
        Bloomberg Business News; Source: Bridge Info  -  6,827 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8762 25 MAIN BOARD Gr Gr M Ml last Vol D>) IjhI Quit Dii Di» \M Nrl (up A.« High lu» umpant Sale 4-/- I'UOUI High low Ba\» Seller S Or S P/E Smil Price INDUSTRIAL AND COMMERCIAL 720* m ml s Acuta 50c 442 +4 5 442 434 4.38 444 88
        8,762 words
      • Article, Illustration
        Lock icon Continued absence of serious buyers worries observers
        1881 26  -  By R Sivanithy I —i SINGAPORE Late profittaking in Malaysian stocks yesterday prevented the local stock market adding significantly to the gains made last week. Institutional buying was noticeably lacking, although retail participation was said to continue at high levels. The overall pattern
        Charts by Bridge Info; Source: Bloomberg  -  1,881 words
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      218 17 NEWS VALUE Bridging, education loans not affected by new rales: MAS (Pg 0 Some relief, but contractionary impact of guidelines probably underestimated by investment analysts. CASH shares defy critics to surge 70 sen on lifting of suspension (pg 1) Counter highly speculative. Expect volatile price movements. MPC forks out half
      218 words
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      112 20 Your Investments Secure???^! jl At PANWORLD INTERNATIONAL PTE LTD:... HEHaII Forex Orders are executed through our Principal I PANIN BANK INTERNATIONAL INC. One of Indonesia's j J top private banks with key strengths in Treasury operations 8188 24 hours trading in line with the International Inter-Bank market, 'm |K9 All
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      49 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. t 1800-737-1166 Make the connection through The Straits Times Classified when you're looking for bargains or JL tV looking for customers. jhn T Just give us a call. CATS.
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      2410 26 TOLL-FREE TEL. No. 1-800-741-1883 FAX.74I-1298 MTKMOTB m m OMMMB ACI, CAT. N AMtmn. P MEMKM* VOUMTAIT UQMOATKM) H ai Eitoaordtoary Gtnerd Meeting d toa abownamed Company duly comanod and hdd a 50 Lorang 1 Uok Kurai. Stogaport 15C on 7to Fttonary 1995 tot Mtartng Spadd Rndubam «*t dMy prat 1.
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      359 26 THE COMPANIES ACT, CAP. SO BLUE CONTMENTAL PTE. LTD. P NBMOV VOUJNTMT UOUBAnOto At an Extraordinary Qanaral Meeting of Blue Continental F»to Ltd duly convened and held at 545 Orchard Road #02-10 Far East Shopping Centra Singapore 0923 on Wednesday, 8 February 1995, the tofcxnng special resolution* set out below
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  • Shipping Times
    • Article
      Kvaerner wins Seajet ferry contract
      239 27  -  By Ramesh Divyanathan SINGAPORE Hydropower specialist Kvaerner Energy ended its vessel propulsion business on a high note in 1994 by winning a contract to power two Seajet fast ferries. The ferries, owned by Danish operator Mols-Linien, will each be powered by twin General Electric/Kvacmer Energy
      239 words
    • Article
      Lock icon Grounded tanker leaks oil into New York harbour
      517 27 NYT NEW YORK An oil tanker trying to avoid another passing ship ran aground near the shipping channel off Sandy Hook, New Jersey, on Friday night, tearing a hole in its hull and spilling at least 300 barrels of light oil into
      NYT  -  517 words
    • Article
      Lock icon M'sian ports urged to improve cargo handling services
      203 27 Bernama JOHOR BARU Malaysian ports should provide more efficient cargo handling services in light of the rapid expansion of the country's import and export trade, Transport Minister Ling Liong Sik said here on Saturday. If they failed to do so, ships would
      Bernama  -  203 words
    • Article
      Lock icon Shareholders of Philippine shipper agree to 75% dividend
      169 27 Reuter MANILA Shareholders of Philippine inter-island shipping firm Negros Navigation Co (Nenaco) approved a 75 per cent stock dividend at a special meeting yesterday. Nenaco president Daniel Lacson told the meeting that the firm expects calendar 1994 profit to exceed the target
      Reuter  -  169 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      618 27 Page Col A West Marine 4 1 Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 •Ahlers Lines 12 1 Ahrcnkiel Liner 4 1/2 •Appcnship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5
      618 words
    • Article, Illustration
      Lock icon French N-waste could pass through Cape Horn: Greenpeace
      213 27 AFP BUENOS AIRES A controversial shipment of nuclear waste from France could pass Cape Horn this month en route to Japan, the environmental group Greenpeace said on Saturday. Greenpeace said it has learned from French and Japanese companies involved in the plutonium
      AFP; Reuter  -  213 words
    • Article
      Lock icon Freight market quiet, Panamax rates firm
      409 27 Knight-Ridder NEW YORK Trading on the freight market here ended the week quietly but with optimism that rates for Atlantic capesize tonnage would firm for cargoes bound for the east. There was no sign of Panamax rates softening, brokers said on Friday. In the
      Knight-Ridder  -  409 words
    • Article
      DAILY FREIGHTS
      1169 28 WORLDWIDE active conditions are continuing to push freight prices up and a Panamax on the US Gulf/Japan route was said to have fetched U5533.50 on Friday. Market talk suggested that charterers Andre agreed to pay this sum after U5532.50 was recorded on Thursday on a Korea Line tonnage
      1,169 words
    • Article
      TRANSPORT DIARY
      564 28 COURSES Title: Container Management (SDF 70%) Duration: Feb 15 Mar 2 Organiser Singapore National Shipping Association Tel: For further details and application forms contact SNSA Secretariat at 278-3464 or fax: 274-5079. Title: Developing a Safety Management System Duration: Feb 20-22 Organiser Lloyds Register of Shipping Tel: For further
      564 words
    • Article, Illustration
      Lock icon Time to overhaul but not to scuttle
      1505 29  -  An American economist advocates major changes in the US Shipping Act of 1984 but warns against deregulatory zeal. Bruce Vail reports Bruce Vail American Shipper THE United States' Shipping Act of 1984 has become counterproductive to the interests of those businesses most directly
      American Shipper  -  1,505 words
    • Article
      THE SHIPPING GUIDE
      12169 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. LEGENO PN: ship calls at Penang after
      12,169 words
    • Article, Illustration
      Lock icon Airbus turns up the heat on Boeing
      1078 39 The European aircraft group looks set to grab a chunk of the American company's market Bloomberg Business News ITS COLD and lonely when John Leahy works on Saturdays and Sundays at Airbus Industrie's headquarters in Toulouse, France. "I'm working in coat and gloves
      Bloomberg Business News  -  1,078 words
    • Article
      SHIPPING AGENTS
      3238 40 A xm.BC Containerline NV: Belsin Shpg Agencies Pre Ltd (SVMarine Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pte Ltd (SVAccord Conlr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S).
      3,238 words
    • Article
      COURIER SERVICES
      276 40 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80 Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies A Services
      276 words
    • Article
      AIR FORWARDERS
      1527 40 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroliak Freight International Td: 545-8033. Fax: *****05 Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666 Fax: *****74, *****50. Air
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    • Article
      PORT CONDITIONS
      2302 41 ARGENTINA Diamante, Santa Fe: No vessels berthed, no vessels in roads, no vessels due. San Lorenzo: Six vessels berthed of which 4 loading soya bean meal pellets, 1 wheat, 1 soya oil, 7 vessels in roads, 14 vessels due at 9 terminals during the coming week. Rosario: One
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    • Article
      CRUISE & FERRY SCHEDULES
      966 41 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No FEBRUARY 14 14 Renaissance 1 Cruise to Nowhere Renaissance Cruises 222-3388 14 14 The Empress Cruise to Nowhere Semjom Agencies 227-8284 14 14 Columbus Caravelle Kukup Harpers Shipping 221-1388 14 14
      966 words
    • Article
      SHIP SALES
      851 41 THE EMPHASIS has changed towards the tanker market this week, although the holidays in the Far East have probably contributed to the slow-down of activity in the dry sector. Whilst the early news was that the reported sale of the modern aframax Primo (81,000/87) had failed (comments indicated
      851 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        510 42 *hmI Voy Wo Berth Arrival Pep*tut Vessel Voi No Berth Arrival Departure i Juroflg Port Batam Spe«J4 ****** P01A 14 02/2030 1402/2230 Murni 02 02/% II alongside 1402/2300 Batam Speecft A2995* P01A 1402 1300 1402/1500 Dw Guna 02/02/95 121 alongside 1402/2300 Batam Speed5 ****** P01A 1402/0/00 14
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      • Article
        CONTAINER SCHEDULES
        1456 42 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO I —1^— Record Bookint/Balance Rslts Ship Voy No Etb/Btr Period From To From AC* Swan 157A 15/1000 IB 13/1500 13/1669 13/1900 2A 13/1700 14/0659 14/0900 4 14/1200 14/1459 14/1700 Ala Bhum 5525
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      • Article
        COCKETT BUNKER MARKET REPORT
        826 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
        826 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        582 42 Cartoon Carbon Fib 2 Density Water Resdue Mi Martian Sedrent Density Water Keadue Mi Murnan Scttawt M M M/M Exxon £»*> KG M*3 V/V N/N MM PPM method KG/IT3 V/V M/M M/M PPM method Eastern USA 180 Ave 986 0.3 12.9 008 12 0.02 BO/Chnac LinNs
        582 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Rising US car prices pose a threat to industry: GM chief
        486 44 Reuter DALLAS The American car industry is facing an affordability crisis that is pushing car prices beyond the reach of many buyers, General Motors Corp chief executive officer Jack Smith said on Saturday. Mr Smith, speaking to reporters at
        Reuter  -  486 words
      • Article, Illustration
        Lock icon Blocking out the noise
        58 44 Reuter SYDNEY His ears stuffed with cotton wool, this man was among the 1,000 people blocking the entrance of Sydney airport's domestic terminal during the peak hour yesterday morning. The blockade was organised by local Sydney councils whose residents have been affected by increased airport noise
        Reuter  -  58 words
      • Article
        Lock icon Eurotunnel's car traffic target optimistic: report
        225 44 AFP LONDON Eurotunnel could fail to win the 50 per cent of cross-Channel car traffic it has targetted and could even face commercial ruin, a commissioned consultants' report says. The report, extracts of which were published on Sunday in The Observer newspaper, estimated that,
        AFP  -  225 words
      • Article
        Lock icon Douglas likely to move fuselage work to Long Beach next year
        289 44 LA Times LOS ANGELES Douglas Aircraft Co is expected to move the production of fuselages for its MD-11 aircraft to Long Beach, California, next year, which could provide jobs for as many as 2,000 people, sources said here on
        LA Times  -  289 words
      • Article
        Lock icon Vietnam Airlines to launch foreign-run ad campaign
        431 44 AFP HANOI Vietnam Airlines has become the first company here to launch a foreign-run advertising campaign, which is aimed at boosting the flag carrier's image abroad, according to a report published here on Sunday. The state carrier clinched a deal with international advertisers,
        AFP  -  431 words
      • Article
        Lock icon Alitalia staff plan three days of strikes
        218 44 AP ROME Travellers face three days of strikes by Alitalia workers this week, as the labour dispute heats up over the Italian state carrier's plans to cut costs. Flight attendants were scheduled to strike all day yesterday, except for a small group loyal
        AP  -  218 words
      • LOG BOOK
        • Article
          Lock icon Northrop to lay off 1,100 employees
          78 44 Knight-Ridder LOS ANGELES Northrop Grumman says it will lay oft" about 1,100 employees at its Military Aircraft Division in Hawthorne, California, because the United States Air Force has cancelled contracts for a missile programme. The defence contractor said it was formally notified on Friday
          Knight-Ridder  -  78 words
        • Article
          Lock icon Isuzu in China venture
          98 44 Knight-Ridder TOKYO Japan's Isuzu Motors Ltd has formed a joint venture with Kitamura Manufacturing Co and three Chinese firms in Beijing to produce aluminium van bodies for small trucks, an Isuzu spokesman said yesterday. The joint venture plans to produce 300 aluminium van bodies in 1995
          Knight-Ridder  -  98 words
        • Article
          Lock icon Rescued crewmen return to Bangkok
          87 44 Bernama SANDAKAN, Sarawak The two sailors rescued from the Sang Thai Galaxy which reportedly sank off the coast of Bintulu, in Sarawak, on Feb 1 returned to Bangkok on Saturday. Manut Phofah, 28, and Persert Kaewam, 34 flew home after being brought here on Friday
          Bernama  -  87 words
        • Article
          Lock icon Ford cuts product development time
          80 44 Reuter CHICAGO Ford Motor Co says it is now able to bring all-new cars and trucks to market in about 24 months, down from 50 to 60 months a few years ago. Ford chairman Alex Trotman told reporters at the Chicago Auto Show last week
          Reuter  -  80 words
        • Article
          Lock icon US bid to reduce air crashes
          88 44 AFP WASHINGTON Responding to a sharp rise in commercial air crashes in 1994, the United States government and the airline industry have announced measures to reduce the risk of accidents. As part of the effort, the US Transportation Department said it will start analysing
          AFP  -  88 words
      • Article
        Lock icon US aircraft company offers to build 8-seaters in Malacca
        241 44 Bernama MALACCA United States aircraft manufacturing firm Nimbus Aircraft Corporation has offered to build the Nimbus 650-8 eight-seater plane in Malacca in a joint venture with the state government. Malacca Chief Minister Md Zin Abdul Ghani said on Saturday that the
        Bernama  -  241 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1664 44 gg nm tn nm n»_ a* nm ro nm n»_ kkm H»aM GA974 2245 Fafc—ha SQ989 1720 SQ990 0125 fllfflaiitt QF81 1930 QF82 2050 Qhwi SRI S3 2140 SQ228 2110 VN741 1310 VN740 1410 Amttrtfan KL837 1540 GA892 0010 lutyal TG407 2120 MI896 1920 GA897 1655
        1,664 words
  • Page 27 Advertisements
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      24 27 LAW PAGE Every Thursday in Business Times Time to overhaul US Shipping Act, Pg 3 Airbus turns up the heat on Boeing, Pg 13
      24 words
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      Page 27 Advertisements Column 2
      27 27 Lines and services represented by ffik Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. V"»y For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 27 Advertisements Column 3
      512 27 More than 150 Inland Points in USA Every Friday Saturday Sailing Hotline *****30 For more information, please refer to Pg. 6 SIBCON '95 30-31 March 1995 Raffles City Convention Centre, Singapore BUNKERING: RESPONSIBILITY PROFITABILITY SIBCON, the world's premier bunkering conference will be held for the seventh jHHEXiiEZiXX^QEIiiHiI time in Singapore
      512 words
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      1860 28 mmCA r OTHBR DCSTMATMNB |I WOWTW AMURK^j BMCT CM-L TO Hilt CttMT »CXI 1 WW WWW I MMWOUE CAUTOWHA tXWTO (PWtCT F.OM WtlT COAST) j «S1 IWT S-MK It OM fa XA DM HBHTOI CMC W KKO II>TIB W U fHBa ga !LEI """j"" 1 lMOg «XL WNO LOB MBUS
      1,860 words
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      22 28 o °o O v: LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. Business Times
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      952 29 Mil 1 iSSE^'^S« CT ill imMENCIES |«L.mOY sw KM AW om B*H PQH- IBL/WT Z SB IJM~ BUM VSI/VOT I-SB CMR. IP MZM CIOOI 20/2 4/3 4/3 C/ 3 1/3 7/3 7/3 1/3 10/3 W2M Clo4* 21/2 7/3 J/3 M ZIM Clo4* 21/2 25/2 11/3 Al MSA'A CIOSW 27/2 13/3
      952 words
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      Page 29 Advertisements Column 2
      433 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUBTRAUA (EAST COAST) I FROM AUBTBAUA (BAST COAST) WWI/WT i« Pw la* nc n out ma wan/vor m syo md mm hoi kt scr kc SOM 203 11/*2 1 ft/92 10/02 ftl/U M/U 07/01 00/01 A SO** 1M 20/01 23/01 2C/01 20/01 13/02 10/02
      433 words
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      1442 30 ROAM ii SOOTH- PORT VOY NO HAMBURG ANTWERP HAVRE AMPTON KELANG S PORE HKO KAO TYO SHI KOB NAO LA SEINE 39/204 24/1 26/1 2«/1 <6/2 17/2 21/2 23/2 2/3 28/2 HOECHST EXPRESS 19/404 28/1 30/1 1/2 25/1 19/2 23/2 KITANO 28/205 31/1 2/2 */2 23/2 24/2 28/2 2/3 9/3
      1,442 words
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      480 30 Jl fek IS'pore P Keiang Loading for VLAHERIMA 22/2 Rdm/Atw/UK/Nantes H ESER KAPTANOGLU 18/2 22/2 Rdm/Atw/Bmn/\JK STEPMN ARTEMENKO 28/2 2/3 Rdm/Atw/UK/Nan •Loads E./W. Malaysia. Indonesia I Loading for V JEMIMA M Dubai/Oamman/lddan/Aqaba I MANISAMUT NAREE Kuwait/Damman/Dubai •Loads Singapore. E./W. Malaysia. Indonesia I I Loading for V PAN EXPRESS Los Angeles/New
      480 words
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      1440 30 NORASIAi IVSL/VOY SIN ALG BCL VAL HAM BRE ROT ANT FEL LHA NORASIA FRBOURG 9506 3 17/02 09/03 12/03 13/03 M/ 03 14/03 15/03 IC/03 15/03 16/03 NORASIA HONGKONG 9507 3 22/02 14/03 17/03 IS/03 11/03 19/03 20/03 21/03 21/03 28/03 NORASIA SHARIAH 950* 3 01/03 21/03 24/03 20/03 26/03
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      1308 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE jggßp <A SERVICE OF CHINA navigation CO> CA*6o s DUE SAILS STRAITS VENTURE V 9505£ Muirl Lab. KK 15 16 F«b 17 F«to IS Fob FCL. LCL COMTAINCR
      1,308 words
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      2940 31 w 1%0 Singapore Agent: 1 I AfITQ fipyC P&O Containers (Singapore Agencies) Pte Ltd A V^VrlimAllW 9 10 Hoc Chiang Koad. #07-01 Kcppcl Towers, Singapore 0208 First Class Connections WORLDWIDE w'imS 225 5327/222 75.7 EXPORT IMPORT VESSEL VOY *PNO *MO MM »OU AWT NOT HAM OOT SHE LEH VESSEL VOV
      2,940 words
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      555 32 r JOINT VENTURE SAMUOERA INDONESIA SIR RICKMERS win m SINGAPORE CHINA 'MSA SEPULUH VOY 3NB 14 FEB QtNGDAO GREEN ERA VOY 4NB 13 MAR XINGANG SHANGHAI r, -INDUCEMENT CALL PKELANG INDUCEMENT CALL HK. r kP GUDANG. BELAMAN. TG MAN XIAMEN. HUANGPU iiiiiiiiimi ;fU UTAMA HARTA I S• —j WEEKLY FULL
      555 words
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      Page 32 Advertisements Column 2
      1145 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FM Kl siT~l LK HAIA S£» YVtt Po* FM VSL S4N UNI HAUI S** IN NTC HAKIM LFHAVRf 0291 1//2 MtiCT J/J 10/3 11/3 HWIIKI KUNSAN 11 IE 18'2 H. MNYOM 0591 2J/3 24/J 26/3 HMIN
      1,145 words
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      Page 32 Advertisements Column 3
      1297 32 j J J,| jTraTTI^ Im scp «t mc us rus «i os ki w tyo lu cms m nyc uw m km w ik no cm m ssp I awe tt 052 11/2 23/2 1/3 1)/) 14/1 15/3 It/3 17/3 11/3 29/3 11/4 13/4 24/4 25/4 2C/4 27/4 21/4 1/5
      1,297 words
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      1669 33 VAJMA (IUIUXU) ciNSTMfnc /wnwm COSTAM SHIPPING PTC LTD r«te Miii cosmip r«m—«—e 4205*50 4205T85 Cwi»w«w»fc ims/m StartM War CO N« II *****0000 M fit 2M2IM S«c Doc* 4MS7M 420i710 DBS BMg rtnr 2 UCff Nk CCSU JOHORI OFFICE: rax: *****15 Fac 2MIIM tlwiri 01M esr wot M 2 *****05 X
      1,669 words
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      Page 33 Advertisements Column 2
      860 33 Q HEUNG-A SHIPPINO (KOREAN FLAG) II I 1 1 i I t wmil Mkdl ibr I jk» 1 hko Iw f mcimoji twl w')jrr|«»T|wcaiw" aw o rsssw iim n/K m n is/w n/M »/»2 tn/n n/n no > poww S42R 14/421 u/clc/cl xm m m 1113 CTJgJJWg 11/42 10/02 24/42
      860 words
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      Page 33 Advertisements Column 3
      364 33 (j£ FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 20/02 ROTTERDAM 20/02 AARHUS/COPENHAGEN 20/02 HAMBURG/BREMEN 21/02 MARSEILLE/FRANCE 16/02 FELIXSTOWE/UK 20/02 BARCELONA/SPAIN 17/02 LEHAVRE/FRANCE 21/02 i GENOA/ITALY 17/02 ANTWERP/BELGIUM 21/02 LOS ANGELES/WC/PI 17/02 SYDNEY/MELBOURNE 16/02 NEW YORK/EC 17/02 FREMANTLE/ADELAIDE 20/02 VANCOUVER 17/02 BRISBANE 16/02
      364 words
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      Page 33 Advertisements Column 4
      121 33 t pi DONGNAMA LINE mmummn mmrc* mmmMmtcMin. ffiO (MB) KT n KM UK MC B* ■ami nta a/u 22/ un/« :vu «/u m.u mm neai a/u 27/tt a oj c/u 12/u ivu msoM naa m/u m/u m/u »/u aw StKMC ntMßt HUH 11/u 11/U IVU u/u a/u a/u «QU (IHI
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      986 34 91 VEBBCL VOY MN JKT B VttfgL VQY 1 WAWA BHUM W7I W»d IS/2 I*l 18/2 IE fHANA BHUM 108N Tin In PI Tlhi Wi IB BHATBA SHOW W« 18/2 Tw 21/2 K q T A JAQg JAOQ3B Wod IS/2 Fri 17/2 I VWA BHUM 1228 Bun If/2 Thu 23/2
      986 words
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      Page 34 Advertisements Column 2
      774 34 79 ANBON ROAD. #21-01. SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N PORT KLANG PENANO kssel wy m rut vessel vot I sw pct St* LAUttl 3§2*j 1 6/2 (THU) 17/2 (F«) MCC COWVtYOB 5011 17/2 (FW) H/2 (SUM) FABO ****** 11/2 (FBI) 112 (SUN) HQUB lATA ***** H/2 (SUN)
      774 words
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      1164 35 ADVANCE CONTAINER LINES (PTE) LTD J\ I Z 140 Cocil Sir**!, #12-00, PIL Building, Singapore 0108 MIS LbZ TEL: 221MSI1 FA *****19, TELEX :RS ***** ACLPL ll,— Hi lIIIMII I I" 1 1 OaHnga/Waak to PAT, I OaMng* lo MIT, 1 taHng to LCM) (3 /Waok) -EAX mm hk am
      1,164 words
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      Page 35 Advertisements Column 2
      913 35 VESSELS VOY u HAVRE HAMBURG THAMES ROTTERDAM ANTWERP VK.U P'AQMLA AQ7W lt/02 M/ 03 10/03 12/03 13/03 14/03 MUE O'HTPRA HO7W 22/02 15/03 17/03 19/03 20/03 21/03 W.IE Pt LYRA YO7W 02/03 22/03 24/03 26/03 27/03 21/03 HUE Ot VEIA VO7W __M/03__ 29/03 31/03 02/04 03/04 04/04 •ALSO ACCEPTMG CARGO
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      Page 35 Advertisements Column 3
      600 35 I BSfl J. MR MYANMA «BBk five star line V (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P.Gdf lANAH AR V2W SAIEO HPA-AN V2O7W 11/20 F«0 PATHEIN VI3IN 27/01 Mar PAGAN V2ISW 21 Fab MAUTSU AGENTS BOUSTtAO SVPWG AGENCES I KUL: 1U 02-03-*****00 PKL: TEL 02-03-3(*****
      600 words
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      686 38 a^^RlciJlEmEßllinGtllc^ TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E i® FTHNfUN SUPPING LINK Y (Mrtoml tim of Ethwpa) ACCEPTING FCL AND CONVENTIONAL Vmnl Voy ETA Loading For Spoco Andtn«t 38W8 03/04 Mombasa. Djibouti Assab. Massawa Abbay Worn 43W8 08/05 Mombasa. Djibouti Assab. Massawa
      686 words
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      Page 38 Advertisements Column 2
      631 38 J PI k AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi. Islamqala (Doqharun) Ewe or Ewe c.i.s./russia: Ima Ata. Ashkhabad. Baku. Dushanbe. I c .ruiK Irkutsk, Khabarovsk. Krasnoyarsk. Korsakov. Moscow, Mlinzef a Muncn Novosobirsk, Sochi. Tashkent, Tbilisi, Vladivostok, Vostochny international Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo express container service TO
      631 words
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      Page 38 Advertisements Column 3
      282 38 ITfS\ FOOWG SUN V SHIPPING (PTE) LTD. WHOLESALE CENTRE, BLOCK 1, #0310 SINGAPORE 0511 BOOKING/ENQUIRIES CR NO **********0W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP VESSEL YOY ETA E7D DESTHATION SUN RAY 3/95 16/2 11/2 PIAJU/PALEMBANG SEAMAR 2/95 15/2 17/2 PONTIANAK/SMTETE WANUAKU 1/95 17/2 19/2 BENGKULU/PADANG SUN SPEED
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      Page 38 Advertisements Column 4
      287 38 IP »www c6NfAIMER Uhhmhiw l-K=A^l A t^ ltw MAC-NELS BPOUR *****22 (24 LINKS) aaasow I»wuwa <o»)3«aawT jmaht* grTtaMw wiwbwmw) awo 1 ftSlfl HKG/TWN/BKKI GENOfI/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 13/2 14/2 15/2 HKG/BKK/KEE/KHH G'buri/Chaiefl/Slwlm/Chlo 12/2 13/2 14/2 16/2 17/2 18/2 HKG/BKK/KEE/KHH Piraeus 22/2 23/2 24/2 20/2 21/2
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      30 39 at •t m ■CfV r f*~** 0* r i •r •ft Legal discourses in digestible portions. The Law Page. Every Thursday. 4 'i J < SINGAPORE rXI BusmessTimes WE KNOW ASIA
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      34 41 /Si STRAIGHT TALK I —J—3 You shouldn't have to read "~Jr\ between the lines Wbr si t0 get the full picture. I j H Z!r Companies Markets. Everyday. II Mli r*l Business Times WOBtAM
      34 words
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      511 43 4k HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 ["pNA (HE PGP I ffsstls WY I SIN I RTM I ANT LEH I HAM Bttj Fa M5/O2 17/02 18/02 H. CHALLENGE* 314W 20/02 10/03 12/03 11/03 12/03 12/03 14/03 22 02 24/02 25/02 H. PIONEER 313*1 27/02
      511 words
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      Page 43 Advertisements Column 2
      363 43 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE ROM CARRER SPECIALIZE W HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS Toa leto r VESSEL VOY SIN PK LOAWIG FOR CHAMPION lUOU 43 IN PT 15/2 BMTULU 10/2 BRIGHT VEGA 143 *PT KUCHR* 1 «/2 AMMKA AMAIM 4 20/2 HRI 24/tJAJM*
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      Page 43 Advertisements Column 3
      693 43 VESSEL VCY ISI ETA/D LAX I OAK I CHI 1 DAL MEM/COL I HOU NYC I NOR ALLIGATOR VICTORY 59A 16/02 /17/02 05.03 07/03 OS/03 09/03 09/03 10/03 10/03 11/03 MACKHAC BRPGE MA 23/02/24/02 12/03 14/03 15/03 16/03 16/03 17/03 17/03 11/03 ALLIGATOR TRIUMPH MA 02/03/03/03 19/03 21/03 22/03 23/03
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      303 43 TODAY'S TIDES (hrigfrt 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 2.3 2.1 1.7 1.3 1.1 1.0 1.1 1.4 1.8 2.4 2.8 2.8 2.7 2.3 1.7 1.2 0.8 0.5 0.4 0.5
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      107 44 fflipiVfc I %Sf I nl I ANALYSIS I ROTOT^ M.V. "SUNNY VENTURE" VOY.I Amwd 7th February 1995 M.V. "PRINCESS" VOY. 74 Arrived 7th February 1993 Comignees of aJi damaged cargoe* ex the captioned vcmclj are hereby notified that a general survey will be held on die Is«h February 1995 0900-1200
      107 words
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      Page 44 Advertisements Column 2
      6 44 ["""analysis I Tomorrow in Business Times
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