The Business Times, 15 February 1995

Microfilm: NL19771
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES WE KNO HaS'IA MITA(P) 194/12/94 Wednesday February 15 1995 85*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow down 4 points
      70 1 Reuter NEW YORK Blue-chip stocks were lower at mid-ses-sion yesterday as investors focused on corporate news while they waited for today's batch of economic data. The Dow Jones industrial average was off 4.37 points at 3,949.84 at 1 pm EST. In the broader market, declining issues
      Reuter  -  70 words
    • Article
      Lock icon US growth to slow down
      31 1 Reuter WASHINGTON US economic growth is likely to slow this year, no matter what happens to interest rates, White House chief economist Laura Tyson said yesterday.
      Reuter  -  31 words
  • Article
    MARKET SUMMARY
    165 1 Stock aarfcet indices Tuesday Change ST1I 2,089.07 -4.05 KLSE Comp 972.99 -7.43 Nikkei 18,138.47 -175.39 Hang Seng ....7,862.67 -112.15 SET Index closed Jakarta Comp 454.10 -1.60 CLSA China B 851.45 -0.41 Aust All Ord 1,834.8 -11.5 FTSE 100 3,071.3 -9.8 Taesday Previous lpm EST dose Dow Jones 3,949.84
    165 words
  • Article
    Regional shares dip ahead of US CPI data
    175 1 SINGAPORE Stock prices around the region closed mainly lower yesterday as cautious institutional investors stayed on the sidelines ahead of today's US consumer price index figures. In Singapore, trading continued to be concentrated on Malaysian second liners traded on Clob International. But,
    175 words
  • Article
    Contra losses hit major M'sian clients of S'pore brokers
    525 1  -  By Conrad Raj SINGAPORE A number of big Malaysian stock market players are behind in their payments to Singapore brokers to the tune of millions of dollars following huge contra and other trading losses. Several of them are said to be
    525 words
  • Article, Illustration
    Lock icon Pound sinks against mark but analysts say it's not a crisis
    564 1  -  From Neil Behrmann in LONDON THE British pound tumbled to a two-year low against a rampant deutschemark amid worries about an inflationary economic slowdown and Prime Minister John Major's political problems. Sterling slid below crucial support levels and closed
    Source: Investment Research of Cambridge  -  564 words
  • Article
    Two Indon paper giants to vie for US funds through IPOs
    491 1  -  By Quak Hiang Whai SINGAPORE The stage is set for two Indonesian paper and pulp giants one controlled by the Eka Tjipta Widjaja family and the other, by the Sukanto Tanoto family to compete for money through initial public
    491 words
  • Article, Illustration
    Leap in Fed funds rate to 8% likely: JP Morgan economist
    472 1  -  By Vikram Khanna SINGAPORE The benchmark US short-term interest rate, the Federal funds rate, is likely to jump by a further two percentage points to 8 per cent by the end of this year, says an official with New
    472 words
  • Article
    GIC joins US$300m fond to invest in South-east Asian property
    331 1  -  By Lilian Ang SINGAPORE The Government of Singapore Investment Corp will partner a closed-end fund that will invest as much as US$3OO million in Southeast Asian real estate in the next three years. The GIC, which manages a significant portion
    331 words
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      214 1 CfIWM. In mtjild />»• r S'porf News 2 SpwMfsa .15.16.17 Regional News 3.4.6 Francd 19.20 World News 7.8 Miriitts Features Oob/KLSE, SES 24-26 An*y» 13 fe»wal -22 E (Moral 12 World -23 Sports 9 Currencies 20 TV/litetjte 11 Smw/Commo .20,21 Tel 1800-*****77 F» *****75 ST Ntwiillli Td *****18 Fv *****71
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      8 1 Regional Analysis: el 13 Thailand's economic outlook '95
      8 words
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      9 1 Hock Lock Siew: pg is Indosat's star shining again
      9 words
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      152 1 Bottom Line: Pgj4 Closer CI inslijuDior Xt f- fcoLi SOLE AGENT: LMEMXD IMPIX PTE LTD, T* i m m Nobel economist says Fed on right track, Pg 7 r i— i <—' Let 72 W rk For ou GR-2010 TRADE IN YOUR COPIER FOR UP TO *|200 Pab &mj|| |2al«f
      152 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Interbank rate hits one-year low
        317 2  -  By Paul Leo THE Singapore dollar threemonth interbank interest rate fell to a one-year low of 2.6875 per cent yesterday. That means a 43 per cent decline or a loss of 204 basis points from the recent peak of 4.7188 per cent on Nov 30.
        Source: Bloomberg  -  317 words
    • Article
      Printers hit by higher paper costs, poor IPO demand
      399 2  -  By Michelle Low PRINTERS of securitieslinked documents are in for a slow year as they face higher paper costs and drastically lower printing orders. The price of woodfree paper thicker, higher grade paper used for printing company prospectuses and share application
      399 words
    • Article, Illustration
      A touch of glass (and class) for Hylam St
      172 2  -  Arthur Lee FOR DECADES, it was a must-see place for tourists and Gls on R R. You could savour turtle soup or stir-fried crocodile meat, down a cold beer or two, and watch the "girls" go by. Hylam Street was one
      172 words
    • Article
      Simex, IPE to launch mutual offset system for oil futures
      239 2 THE Singapore International Monetary Exchange (Simex) and the International Petroleum Exchange (IPE) will launch a mutual offset system (MOS) for trading Brent Crude Futures on June 9. Simex and IPE signed the agreement yesterday, which allows the Brent Crude futures
      239 words
    • Article
      Star-studded cast to be at Fortune forum here
      164 2 PAKISTAN Prime Minister Benazir Bhutto will join a starstudded cast of speakers at a Fortune magazine's global forum to be held in Singapore next month. Ms Bhutto will be a luncheon speaker at the high-pow-ered gathering of chief executives for multinational corporations.
      164 words
    • Article
      IBM's disk drive plant set for April output
      322 2  -  US$ 100 m operation at Kaki Bukit has already started trial production By Claire Leow IBM's new disk drive plant here will begin volume production in April, says vice-presi-dent and managing director Chan Hua Bee. Mr Chan told Business Times that the
      322 words
    • Article
      Woodlands industrial site up for grabs
      298 2  -  By Abdul Hadhi A LARGE freehold industrial site in Woodlands with strong growth potential will go for sale by tender today. Estate agents Knight Frank Cheong Hock Chye Baillieu, which is handling the tender, said yesterday the almost 485,000 sq ft site was at
      298 words
    • Article
      President to visit Philippines
      92 2 PRESIDENT Ong Teng Cheong will visit the Philippines from today until Sunday. The Foreign Ministry said in a statement that the visit was aimed at strengthening bilateral relations. President Ong will receive a ceremonial welcome at the Malacanang Palace and will call on President Fidel Ramos.
      92 words
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      157 2 The sign of excellence TECHNOLOGY Tomorrow in Business Times The Singapore Institute of Management, in conjunction with RUTGERS, The State University of New Jersey, invites suitably qualified candidates for the programme commencing in June 1995. Classes are fully taught by faculty from Programme Structure: The programme consists of 12 two-week
      157 words
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      301 2 The India Conference Of The Year IJtffllT IMAKIM INCLUDIi Or Sumh R Mwruota, Chiel Advisor. SUDDOrted bVAssociated Chambers oi Commerce Industry o» Indie rr J Mr K K Mehre, Executive President. -J 0 6 r Q. Federation ct Hotel end Restaurant Associations ol Irxfca r/ ilDgapOre Mr Hareeti Hslhotra, Director.
      301 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Indon textile exports hit by high interest rates and wages
      410 3 Reuter AFP JAKARTA High interest rates, rising wages and stiff competition from other Asian countries are hurting Indonesia's textile exports. A senior industry official yesterday said textile exports, which grew by an annual average of 28 per cent in the
      Reuter; AFP  -  410 words
    • Article
      Lock icon S'pore will help fight pollution in Malacca Strait: M'sian minister
      387 3 NST MUAR Singapore has given an assurance that it would render whatever help possible to Malaysia to combat pollution in the Straits of Malacca. Chief Minister Muhyiddin Yassin yesterday said Singapore Prime Minister Goh Chok Tong gave the assurance at
      NST  -  387 words
    • Article
      Lock icon Rafidah to testify in share scam
      103 3 AFP KUALA LUMPUR Malaysian International Trade and Industry Minister Rafidah Aziz, under investigation for awarding a government share allotment to a relative, has become prosecution witness in a share scam involving a colleague. Officials yesterday said she had been subpoenaed to give evidence against
      AFP  -  103 words
    • Article
      Lock icon Disputed isles on official maps: Jakarta
      110 3 AFP JAKARTA Indonesia said yesterday two islands disputed by it and Kuala Lumpur have been on its official map for more than 100 years unlike Malaysia, which put them on its map only in 1969. Izhar Ibrahim, director general for political affairs of the
      AFP  -  110 words
    • Article
      Lock icon Manila to pay US$700m debts
      75 3 AFP MANILA The Philippines will pay US$7OO million (Ssl billion) in debts to the Paris Gub of creditor nations this year to speed up rescheduled debt payments. The finance department yesterday said it had informed the Paris Gub that it was ready to cancel past
      AFP  -  75 words
    • Article
      Lock icon US urges peaceful solution to dispute
      97 3 AFP WASHINGTON The US State Department has urged a peaceful solution to a new dispute between China and the Philippines over the Spratly islands in the South China Sea. "Opposition is that we don't take a position on the merit of competing claims," on
      AFP  -  97 words
    • Article
      Lock icon Bank of America in Vietnam
      63 3 Reuter HANOI Bank of America yesterday said it would open its first branch in Hanoi on Feb 24, and focus first on wholesale banking and trade finance. Another US bank, Citibank, opened a branch in Hanoi last month, becoming the first American bank to have
      Reuter  -  63 words
    • Article, Illustration
      Lock icon Indon, Thai, Philippine firms sign joint satellite deal
      341 3 AFP JAKARTA Companies from Indonesia, Thailand and the Philippines yesterday agreed to set up a joint venture to operate a satellite backing up a cellular telecommunication system in the region. Senior executives of Indonesian satellite carrier FT Pasific Satelit Nusantara (PSN.) Thailand's
      AFP; Reuter  -  341 words
    • Article
      Lock icon De Klerk dispels fears of Indian Ocean trade bloc
      148 3 AFP KUALA LUMPUR South African Deputy President FW de Klerk yesterday dismissed fears that his country's proposal to boost economic ties among countries lining the Indian Ocean would result in a trade bloc. Mr De Klerk said Indian Ocean rim countries
      AFP  -  148 words
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      193 3 or the takes wLa office f| too your You can change all that with the new Canofile Electronic System. The Canofile 510 sits on a desk. Not in a room. Saving you lots of office space. a j SQ uses a 51/2 inch Magneto-Optical Disk to store your files. Making
      193 words
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  • CHINA /HONGKONG /TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Deng in coma: Seoul paper
        98 4 Reuter SEOUL A South Korean daily yesterday said China's paramount leader Deng Xiaoping is believed to have (alien into a coma and is constantly on oxygen support. Seouj's nationally-cir-culated Kyunghyang Shinmun quoted a well-informed C hina watcher in Beijing as saying he had been told
        Reuter  -  98 words
      • Article
        Lock icon New chairman of HK mass transit
        64 4 Bloomberg Business News HONGKONG Governor Chris Fatten has appointed Jack So, a managing director of Sun Hung Kai Development (China), as chairman and chief executive of the Mass Transit Railway Corp. The government yesterday said that Mr So's appointment was for two years. He
        Bloomberg Business News  -  64 words
      • Article
        Lock icon China Light to raise tariffs
        61 4 AFP HONGKONG Inflation is forcing China Light and Power to raise its basic tariff by 7.5 per cent from March 1. Hongkong s biggest electric utility yesterday said private households, which make up 86 per cent of China Light's client list, will see their electricity
        AFP  -  61 words
    • Article
      HK tourism earnings up 7% to record HK$64.3b
      266 4  -  From Lim Soon Neo in HONGKONG HONGKONG'S tourism industry contributed a record HK564.3 billion (5512.13 billion) to the economy last year, up 7.1 per cent on the previous year, Hongkong Tourist Association (HK.TA) figures released yesterday show. The number of visitors rose
      266 words
    • Article, Illustration
      Lock icon China's growth and inflation likely to slow: Merrill Lynch
      448 4 AFP SHANGHAI China's economic growth will moderate this year to about 9 per cent, while inflation should show a marked decline to an annual rate of 17.5 per cent. Merrill Lynch, in its February Asian Economic Commentary published yesterday, said: "If
      AFP; Reuter  -  448 words
    • Article
      Lock icon China court awards damages to HK firm in fake goods case
      265 4 Reuter SHANGHAI A Shanghai court awarded damages to a Hongkong company in a commercial piracy case as hundreds of inspectors raided local shops grabbing everything from bootlegged compact discs to fake name-brand toothbrushes. Hongkong heating systems company Nengshi Industry
      Reuter  -  265 words
    • Article
      Lock icon Shortages forcing Beijing to import more rice
      300 4 Reuter HONGKONG China will import significant amounts of rice in coming months because stocks have been overestimated. last year's flood damage was underestimated and farmers have hoarded what little they have, traders said. "They need rice." a Chinese trader said. "I've had confirmation
      Reuter  -  300 words
    • Article
      Lock icon Shanghai bank calls meeting with foreign bankers
      207 4 AFP SHANGHAI The People's Bank of China's (PBOC) Shanghai branch has summoned all foreign bank branches to a special meeting next week to hear an "important announcement." foreign bankers said yesterday. "Next Monday all the foreign banks will meet (PBOC Shanghai governor) Mao
      AFP  -  207 words
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      10 4 Change in Asian diet keeps shortages at bay, Pg 20
      10 words
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      146 words
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  • REST OF ASIA
    • Article
      Lock icon Credit scam: Japan opposition official quits but denies links
      442 6 Reuter TOKYO A former Japanese minister linked to a brewing scandal over a government-led rescue of two ailing credit unions resigned his key post in a major opposition group yesterday, but strongly denied any wrongdoing. A spokesman for the opposition New
      Reuter  -  442 words
    • Article
      Lock icon Miti says 145 items of economic deregulation to be implemented
      229 6 Knight-Ridder Reuter TOKYO The Ministry of International Trade and Industry, in an interim report published yesterday, said that I4S items of economic deregulation, including the abolition of export inspections, are scheduled to be implemented once laws are revised. Kyodo news
      Knight-Ridder; Reuter  -  229 words
    • Article, Illustration
      Lock icon Aussie opposition leader leads PM Keating in polls
      235 6 Reuter CANBERRA Australia's new opposition leader John Howard has made another strong showing against Prime Minister Paul Keating as the country's preferred leader in two opinion polls published yesterday. John Howard, a veteran conservative politician who on Jan 30 was chosen opposition
      Reuter  -  235 words
    • ASIA NOTES
      • Article
        Lock icon New Japanese envoy to China
        47 6 AFP TOKYO The Japanese government yesterday named Yoshiyasu Sato, ambassador for the Japanese delegation to the Organisation for Economic Cooperation and Development, as its new ambassador to China. Mr Sato, 60. will replace Michihiko Kunihiro as Japan's chief diplomat in Beijing. AFP
        AFP  -  47 words
      • Article
        Lock icon US-Japan financial services pact
        70 6 Reuter WASHINGTON The United States and Japan yesterday signed a financial services agreement that was expected to help open Japan's financial markets to more foreign competition. It was signed by Treasury Secretary Robert Rubin and Takakazu Kuriyama. Japan's ambassador to the US. Among its provisions is
        Reuter  -  70 words
      • Article
        Lock icon Get ready for elections: Rao
        111 6 Knight-Ridder AFP NEW DELHI Prime Minister P V Narasimha Rao has urged the governing Congress (I) party legislators to get ready for parliamentary elections, which are due in 1996. The Economic Times newspaper yesterday said Mr Rao's call, made during a meeting of the Congress
        Knight-Ridder; AFP  -  111 words
      • Article
        Lock icon Japan wholesale prices up 0.1%
        53 6 AFP TOKYO Japan's overall wholesale price index in January rose 0.1 per cent from the previous month after rising 0.3 per cent in December. The Bank of Japan yesterday said export prices rose 0.1 per cent from the previous month after rising 1.1 per cent
        AFP  -  53 words
      • Article
        Lock icon Foreign investment in S Korea up
        59 6 AFP SEOUL Riding a booming economy in the midst of deregulation, foreign direct investment in South Korea jumped 264.3 per cent to US$lO2 million in January from a year ago. the Finance and Economy Ministry said yesterday. Japan was the biggest foreign investor during
        AFP  -  59 words
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      193 6 Even The Price Is 1 Straightforward. I t I —~f —1 J 111 ImSw Jpr MV •Jr ,-ar JBB^y m gßjr.: #SSr jffifß' *'a 4 ww m jj j j j t j j if t K SV m j m Mth J M I f J J j w/Jif
      193 words
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      Page 6 Advertisements Column 2
      157 6 HOTE^O^ALE Quality Hotel Auckland Airport The Auckland hotel nxirket is performing strongly, with significant growth in demand. No major hotel has opened in Auckland since 1991. Auckland International Airport handles around 80% of New Zealand's international arrivals. The Quality Hotel Auckland Airport is well positioned to take advantage of this
      157 words
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  • THE WORLD
    • Article
      Lock icon Nobel economist Fogel says Fed on right track in money supply policy
      435 7 Bloomberg Business News MADRID Nobel Prize-win-ning economist Robert Fogel said that the Federal Reserve's tight grip on the US money supply could lead to several years of steady economic growth during a period of profound economic transition. "We
      Bloomberg Business News  -  435 words
    • Article, Illustration
      Yeltsin faces tough time assuring Russians about the future
      474 7  -  From John Helmer in MOSCOW PRESIDENT Boris Yeltsin will give his fourth annual state of the federation address to the two chambers of parliament tomorrow, but he is going to have a lot of problems convincing Russians that things are going
      474 words
    • WORLD WATCH
      • Article
        Lock icon Peru, Ecuador agree on ceasefire
        100 7 Reuter LIMA Peru and Ecuador agreed on a ceasefire in a 19-day border conflict but both claimed control of three disputed posts where they had clashed in dense, mountainous terrain in the Amazon jungle. President Alberto Fujimori on Monday announced his government had declared a
        Reuter  -  100 words
      • Article
        Lock icon Gingrich is out of presidential race
        102 7 AP WASHINGTON House Speaker Newt Gingrich, after consulting his wife and friends over the weekend, said "On Monday that he would not run for president in 1996. In closing the door on a bid for his party's nomination, Mr Gingrich doused the long-shot hopes
        AP  -  102 words
      • Article
        Lock icon Govt funds wasted in eastern Germany
        101 7 AP BONN Billions of marks have been stolen or disappeared into worthless projects in the massive transfer of resources to eastern Germany since reunification, the government acknowledged on Monday. The German government has spent about 840 billion marks (*****.5 billion) to rebuild eastern Germany,
        AP  -  101 words
      • Article
        Lock icon UK retail sales flat in January
        91 7 Reuter LONDON British retail sales were little changed in January, compared with a year ago, the distributive trades survey of the Confederation of British Industry, a leading employers' group, said yesterday. Despite reports from retailers of a reasonably buoyant start to new year sales,
        Reuter  -  91 words
      • Article
        Lock icon Russia wage rise may upset IMF talks
        115 7 Reuter MOSCOW The Russian parliament's move to nearly triple minimum wages may seriously complicate talks with the IMF on a U556.25 billion (Ss9 billion) standby loan, Finance Minister Vladimir Panskov was quoted as saying. He said that he was counting on President Boris
        Reuter  -  115 words
    • Article
      Lock icon French socialist candidate vows to halt privatisation if elected
      375 7 APF Reuter PARIS French Socialist presidential candidate Lionel Jospin vowed yesterday to halt privatisation if he is elected in May though he said he had no "immediate" plan to renationalise firms already sold ofT. "The privatisation will be halted immediately," Mr
      APF; Reuter  -  375 words
    • Article
      Republican leader calls for more sensitivity in US' Asian policies
      464 8  -  From Leon Hadar THE leading Republican spokesman in Congress on Asia issues called on US policymakers to "resist the impulse to isolate or demonise" countries in Asia with which they disagree. Republican Doug Bereuter of Nebraska, the new chairman of
      464 words
    • Article
      Lock icon Clinton planning second summit of business leaders
      359 8 Reuter WASHINGTON President Bill Clinton says he wants to convene another economic summit of American business leaders, union heads and economists, similar to one held just after he was elected to the White House. That conference, in Little Rock, Arkansas, in December 1992,
      Reuter  -  359 words
    • Article
      Lock icon House panel votes to ban welfare for unwed teen mothers
      328 8 Los Angeles Times Knight-Ridder WASHINGTON House Republicans. writing a welfare reform bill that would reverse six decades of social policy, refused on Monday to back away from their plan to abolish cash aid to unmarried teenage mothers. On a straight
      Los Angeles Times; Knight-Ridder  -  328 words
    • Article, Illustration
      Lock icon Candles in the wind
      58 8 Reuter DRESDEN, Germany Young people lighting candles in front of the destroyed Frauenkirche cathedral here on Monday night to mourn for the victims of the Allied bombings of the city 50 years ago. At least 35,000 non-combatants were killed during the British and American air raids
      Reuter  -  58 words
    • Article
      Lock icon China, India high on list as OECD widens work on Asian economies
      291 8 AFP PARIS The OECD is to work over the next few months on building bridges between its industrial members and other present and future major players in the world economy, with China high on the list, OECD sources
      AFP  -  291 words
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      77 words
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  • SPORTS
    • Article, Illustration
      Lock icon Jockeying for playoff positions starts
      786 9 NBA All-Star Game AP PHOENIX Phoenix Suns coach Paul Westphal was only joking when he tried to coax Houston's Hakeem Olajuwon into doing something dangerous during the NBA All-Star Game. After all, with Olajuwon out of the way, the path to the NBA Finals would
      AP  -  786 words
    • Article
      Lock icon Beijing says ban on Chinese swimmers at Pan Pacific meet unfair
      447 9 AFP BEIJING A senior Chinese sports official said that a decision to ban its swimmers from the Pan Pacific Swimming Association championships in Atlanta in August over allegations of doping was "unfair". The Chinese Swimming Association also said that
      AFP  -  447 words
    • Article
      Lock icon Big stakes await foreign challengers in round three of America's Cup
      198 9 AP SAN DIEGO The third round-robin of the America's Cup trials brings higher stakes, particularly for the foreign challengers. "Round one and round two were very much practice rounds to sort things out," New Zealand skipper Chris Dickson said.
      AP  -  198 words
    • Article
      Cantona's not the first — but he did it on television
      536 9  - Cantona's not the first but he did it on television By Chris Matyszczyk The writer is a Londonbased free-lance writer who formerly worked in Singapore. LONDON Eric Cantona is a brittle genius, they say. Eric Cantona has besmirched the good name of English football, they say. Eric Cantona should be
      536 words
    • Article, Illustration
      Lock icon Tennis without physical pain is Grafs main concern
      419 9 NYT PARIS Steffi Graf was helping with the draw. When the tournament official charged with placing the name cards on the draw sheet fumbled "S. Graf and let it drop to the carpet, Graf quickly stooped over to retrieve it. Her back
      NYT  -  419 words
    • SCORE CARD
      • Article, Illustration
        Tennis
        136 9 MILAN US$BOO,OOO Milan indoor tournament Ist rd Monday: Karsten Braasch (Ger) b Stefano Pescosolido (Ita) 7-6 (7-4) 6-1; Karol Kucera (Slov) b Omar Camporcsc (Ita) 7-5 4-6 6-3. MIAMI, Florida WTA rankings: 1 Arantxa Sanchcz Vicario (Spn) 307.91 pts 2 Steffi Graf (Gcr) 289.19 3 Mary Pierce (Fra) 207.80
        136 words
      • Article, Illustration
        Cricket
        49 9 WELLINGTON India beat Central Districts by nine wickets on Tuesday in a one-day warm-up match for the New Zealand centenary one-day series. Scores: Central Districts 252 for six (A Jones 64. S Tcndulkar two for seven). India 255 for one after 40.3 overs (S Tcndulkar 139 not out).
        49 words
      • Article, Illustration
        Golf
        348 9 PALM BEACH GARDENS, Florida US Ryder Cup standings (top 10 automatically qualify for 12-man team): 1 Tom Lehman 502.500 pts 2 Phil Mickelson 479.864 3 Loren Roberts 436.500 4 Corey Pavin 404.167 5 Fuzzy Zoeller 345.000 6 Peter Jacobsen 340.000 7 Bill Glasson 326.310 8 Tom Kite 303.250 9
        348 words
    • Article
      Lock icon Tyson to be released next month...
      101 9 AP INDIANAPOLIS Former heavyweight champion Mike Tyson will be released from prison on March 25, his original release date in his six-year term. Tyson's release had been set back to May 9 after he was disciplined in May 1992 for threatening a guard and
      AP  -  101 words
    • Article
      Lock icon .. and a challenge awaits him
      99 9 and a challenge awaits him Reuter NEW YORK Roy Jones is so bored with the super middleweight crowd that the International Boxing Federation champion spends his time pondering his prospects against heavyweight opponents including the fearsome Mike Tyson. At a news conference called to discuss his March 18 super middleweight
      Reuter  -  99 words
    • Article
      Lock icon Goosen in Dunhill lineup
      82 9 Reuter JOHANNESBURG Retief Goosen was handed a place in the Southern Africa team to take on Australasia in the inaugural Alfred Dunhill Challenge just 24 hours after winning the South African Open. He and Hendrik Buhrmann were selected on Monday by non-playing captain Gary Player as
      Reuter  -  82 words
    • Article
      Lock icon Japanese all-star joins Dodgers
      95 9 AP LOS ANGELES Pitcher Hideo Nomo, an all-star in Japan, has signed a minor league contract with the Los Angeles Dodgers and will have a chance to make the major league this year if the US baseball strike ends. "It has been a dream of mine
      AP  -  95 words
    • Article
      Lock icon Reminder to curb F-1 cheating
      113 9 Reuter LONDON Tyrrell design chief Harvey Postlethwaite warned motor-racing's ruling body on Monday to live up to their pledge and clamp down on cheating in the Formula One world championship. Speaking at the launch of his team's new Yamahapowered car, Postlethwaite said he hoped that
      Reuter  -  113 words
    • Article
      Lock icon Dream Team II coach quits
      58 9 AFP OAKLAND, California Don Nelson, who guided Dream Team II to a world championship six months ago, stepped down as coach of the National Basketball Association's Golden State Warriors here on Monday. Nelson, who received a reported US$l million (551.45 million) payment for quitting, will
      AFP  -  58 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      282 9 MFSline An SPH AudioTex Service In English Number Your Daily Stars 8450 The Aquarius Fortune; Win Prizes! Entertainment News 8451 Juicy News Of Demi Moore, Kevin Bacon, Brad Pitt A Madonna... Ghost Stories 8452 Phantom Of The Opera; Win Prizes! Children's Funland 8453 New: Prince Nezha Face Facts: Friendship Region
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      Page 10 Advertisements Column 1
      1001 10 where t dine *»■> entertain OP 1 BB r,,J tfygj Z3 B K] ,J|g 10 Varieties of Pasta Hi j Il!l 20 different sauces And all-time Italian favourites A I|| antipasti, pizza and puccia. L PASTA FRESCA DA SALVATORE PTE LTD WM I •30 Boat Quay, S(0104)(0p«r 84 hours). Tel:
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      363 10 Celebrating Fish Let's drink to fish. Bouillabaisse or Tom Yam? Top of the H 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 (Trffe cooked. And we know all the delicious wags. {Tj Continental
      363 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon 13 nominations for Forrest Gump
      457 11 67th Annual Academy Awards AP Forrest gump, the feel-good story of a simpleton who triumphs in the end, received a leading 13 Academy Award nominations yesterday, including best picture. Its star, Tom Hanks, got a shot at a second consecutive Oscar for best actor. The
      AP  -  457 words
    • Article
      Problem with being small
      407 11  -  Benjamin Loh was at the inaugural concert of Singapore Sinfonietta. He noted some discord here and there Benjamin Loh CONSISTING of 20 musicians from the Singapore Symphony Orchestra, the Singapore Sinfonietta was set up to complement the orchestral repertoire with works written for smaller ensembles. Their
      407 words
    • Article
      Abortion should be a hard choice: Goldberg
      305 11 CHATTERBOX WHOOPI GOLDBERG says deciding to have an abortion was "a hard choice", and she has no use for people who take such decisions lightly. Goldberg offered few details, such as when she had the abortion or who else was involved, in an
      305 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      269 11 WHERE TO WINE, DINE AND ENTERTAIN (ttatrrtfytll jlteafe Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1150+ Monday to Saturday 160 Orchard Road #B 1-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 Skima's Vakmiku -V Goodwxx)PukHad SeRVE(I
      269 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1069 11 I TV RADIO Komodo, 9pm, Ch 12 This documentary brings us to the Indonesian island of Komodo to look at of the JjHEE%t&&L nastiest reptiles around. The j komodo dragon grows to a few W. metres, and is covered in pretty scales. However, it's saliva also Cyrano De Bergerac, 10pm,
      1,069 words
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  • Article
    The price of growth
    497 12 EDITORIAL ALL INDICATORS are pointing to another year of robust economic growth for Malaysia. The Malaysian Institute of Economic Research (MIER) in its latest report has projected that real gross domestic product (GDP) will grow by 8.5 per cent in 1995. This will be slightly below
    497 words
  • WHAT THE OTHERS SAY
    • Article
      Let's keep it all heart
      301 12 SINGAPORE'S pragmatic face has a softer side. Nowhere is this more evident than in the big rush to marry today and the efforts made by the Ministry of Community Development (MCD) to fulfil these lovers' wishes. Today's record 1,099 marriages are possible only because the
      301 words
    • Article
      Hit copyright violation harder
      164 12 COPYRIGHT VIOLATION is a problem of modern technology. It is happening throughout the world. It is both piracy and a trade issue. That's the reason why America is pressurising China to take more concrete action to curb the problem, or face trade sanctions. Being a city-state
      164 words
    • Article
      Better public transport ahead
      183 12 THE Light Rail Transit (LRT) system will help improve greatly the quality and efficiency of our public transport, and enhance the vigour and glamour of Singapore as a modern city. A carefully planned and highly efficient LRT system, well integrated with the MRT, bus service and
      183 words
    • Article
      Unmaking the peace
      133 12 FOR MONTHS during 1991 and 1992, the United States held back US$lO billion in direct aid to Israel over the then Likud government's obstinate refusal to foster peace by halting new settlements in the occupied West Bank. Among his first acts in office, victorious Labour Prime Minister
      133 words
    • Article
      Don't blow up like a firecracker
      167 12 A JOURNEY of 10,000 miles begins with a single step, which may explain why Beijing's economic planners can take so many steps in the right direction. But not all initiatives have borne fruit. If China's economic progress is viewed as a journey, it is
      167 words
    • Article
      Unreasonable assumption
      83 12 LEGISLATORS seem to have touched a remarkably raw nerve in the government over the question of public access to the financial interests of senior civil servants. The sense of hurt and indignation is out of all proportion to the proposal. Requiring senior officials to disclose this information is
      83 words
  • Article, Illustration
    Ironies in South Korea
    1017 12  -  Moves in Seoul to open up the capital market are clashing with a bureaucratic desire to retain tight monetary control. A further complication is the political push for rapid OECD membership. Anthony Rowley reports Anthony Rowley The writer, BT's Tokyo Correspondent, visited Seoul recently SOME TIME
    1,017 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      177 12 illifi REALITY j j 750 A Chai Chee Industrial Park is ideally located close to new towns, offering the •ft' convenience of a ready pool of skilled workers, .'ijK as well as easy accessibility to the rest of r Singapore through an extensive transportation I- /fr* network. In every aspect,
      177 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      53 12 FAL-LS NslD c\l^ is e.tAPTv but FcR those. \HTf?E-P\D Bu>JD\Nll &z.oTveRS i& Twe, UP ON THE. 31HD PLDOR OF THE-MVL£-S f\ND RUDGE. E.*T£NTK>J. Ptße STOWING TO pr\epy Tfteiß GOP n *VeJON DPT£.... 0 AMOCIATU NCWa*A*CM3 LTD.. IM2-IM3 doonesbury" GARRY TRUDEAU III! THATSTHBeASYfHZr. J™** AREHJ&GiftrH&OUR- HONEi HJBJUSTTAKE'EM THAT *™7™*~^: nmA f
      53 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      Clouds behind the silver lining
      1338 13  -  Special to BT Spotlight on THAILAND in BT's country-by-country assessment of regional economies ECONOMIC OUTLOOK 95 > AMMAR SIAMWALLA AMMAR SIAMWALLA The writer is president of the Thailand Development Research Institute (TDRJ), a Bangkokbased think-tank THAILAND entered this year with its economic prospects looking good.
      1,338 words
    • Article, Illustration
      The search for power to fuel brisk economic growth
      960 13  -  ALAN BOYD ALAN BOYD The writer is a Bangkok-based journalist who contributes to BT THAILAND'S strong economic performance will focus attention on the energy sector this year, with the national power grid straining to keep up with heavy demand from industry.
      960 words
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      247 13 NEW CENTER NOW OPEN IN PETALiNG JAYA ff you are worried about your hair you doubtless study every tiny area of your scalp that seems to show through more than it should. You cant be sure, there f J th may not be any problem-but then again, it could be
      247 words
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  • Article
    Lock icon US official arrives in China for last-ditch trade talks
    486 14 Reuter Bloomberg Business News Knight-Ridder BEIJING United States trade negotiator Lee Sands arrived here yesterday for a final round of talks to try to avert a trade war over intellectual property piracy in China. Deputy Assistant Trade Representative Sands, leading the
    Reuter; Bloomberg Business News; Knight-Ridder  -  486 words
  • Article
    Lock icon US industry targets copyright pirates in Asia, Europe
    348 14 AFP Washington China is the worst offender when it comes to US copyright piracy, but a number of other Asian and European countries are also a cause for concern. The International Intellectual Property Alliance (IIPA), in an annual report to the US
    AFP  -  348 words
  • Article, Illustration
    Lock icon World's most expensive wool
    59 14 AFP SYDNEY Security officer Michael Kosseris guarding an aircraft cargo crate at Sydney International Airport yesterday containing the world's most expensive bale of wool. A Japanese clothing manufacturer paid a world record Asl.2 million (Ssl.3 million) for the bale of superfine merino wool at an auction
    AFP  -  59 words
  • Article
    Lock icon US retail sales up 0.2% in January
    298 14 AP WASHINGTON Retail sales rose modestly in January, held back by the first drop in vehicle sales in half a year. It was the ninth straight month when sales either rose or remained steady. The Commerce Department yesterday said sales rose 0.2 per
    AP  -  298 words
  • Article
    Lock icon UK clears Trafalgar's £1.2b bid for power firm
    375 14 Reuter LONDON Britain yesterday opened the floodgates on its privatised utility sector by clearing a controversial £1.2 billion (552.7 billion) bid by Trafalgar House pic for regional electricity company Northern Electric. Shares in the electricity sector surged as Trade and Industry Secretary
    Reuter  -  375 words
  • Article
    Lock icon South Korea to put foreign workers on minimum wage
    167 14 AFP SEOUL South Korea will make employers pay foreign workers the minimum wage starting next month and introduce a law on equal treatment and more job opportunities for foreigners, the labour ministry said yesterday. Starting in March, the ministry said foreign
    AFP  -  167 words
  • Article, Illustration
    Need for closer ties between Asian, European leaders
    692 14  -  The Bottom Line MAGGIE FORD MAGGIE FORD The writer is BT's Jakarta correspondent IF THERE had been any doubts that it is now money, not politics, that is more likely to make or break countries and leaders, the events of the past
    692 words
  • Article
    Lock icon EU rejects French call for tighter TV quotas
    285 14 AFP BORDEAUX, France France's campaign against Hollywood's domination of the European film and TV industry suffered a major setback yesterday when a meeting of EU culture ministers overwhelmingly rejected proposals to tighten restrictions on American and Asian audiovisual programmes broadcast on European
    AFP  -  285 words
  • Article
    Lock icon China issues rules governing futures trading by govt units
    141 14 KnightRidder BEIJING China has issued new regulations aimed at preventing state enterprises and government units from "blindly" participating in futures trading and losing state assets, the official Xinhua News Agency reported late Monday. Under the recently issued regulations, those wishing to
    Knight- Ridder  -  141 words
  • Article
    Lock icon Japan moots private sector role in six-point Apec aid plan
    442 14 AFP FUKUOKA. Japan Japan yesterday proposed a six-point plan to develop its aid initiative for the Asia-Pacific Economic Cooperation (Apec) forum, urging the private sector and non-government agencies to take part. The plan, presented to senior Apec officials at their
    AFP  -  442 words
  • Page 14 Advertisements
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      52 14 Brochures Annual Reports Newsletters Corporate Identities Posters Direct Mailers Exhibitions. BROCHURES 744 1319 1 FOR SALE BY TENDER Bungalow Site In Bukit Timah Vicinity 999 years Site Area 34,742 sf (approx.) Suitable for 2 bungalows Closing date 14 March 1995, Tuesday at 3 pm. For information tender documents, contact Sole
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      Page 14 Advertisements Column 2
      13 14 China court awards damages to HK firm in fake goods case, Pg 4
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      Page 14 Advertisements Column 3
      11 14 IF ONLY THE MATTERS 744 1319 Conccpt Design (Jopywriiing Photography Printing
      11 words
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  • COMPANIES & MARKETS
    • Article
      Robinsons bucks trend with 12.9% rise in half-time profit
      369 15  -  By Joseph Rajendran SINGAPORE Bucking the retail industry trend, main board listed Robinson Co yesterday reported a 12.9 per cent increase in interim net profit to $14.83 million. But in a statement to the Stock Exchange of Singapore, it warned that
      369 words
    • Article, Illustration
      Lock icon Mido Textiles plans to list joint venture in China within 2 years
      439 15  -  By Jenny Lam SINGAPORE Garment group Mido Textiles plans to float its China joint venture, Smart Garments, on the Chinese stock exchange within two years. Mido Textiles managing director Lawrence Ng said "A" shares will be issued when
      Photo by Arthur Lee  -  439 words
    • Article
      Aztech posts 13% rise in net earnings to $17m
      248 15 SINGAPORE PC multimedia firm Aztech posted improved sales, profits and margins for the full year to Dec 1994, shortly after competitor Creative reported a 35 per cent drop in profits. Aztech yesterday reported a 13 per cent increase in net earnings
      248 words
    • Article
      SES hopeful Datacraft plans regional expansion
      335 15  -  By David Mok SINGAPORE Data communications specialist, Datacraft Asia, which is seeking a listing on the Stock Exchange of Singapore, plans to expand further into regional markets this year. It aims to open offices in South Korea and Indonesia, countries where it does not
      335 words
    • Article
      Indosat's star shining again
      464 15  -  HOCK LOCK SIEW By Leslie Lopez JAKARTA Indonesia's international telecommunications firm PT Indosat is back in favour. Gone are the initial fears that the company won't be able to meet its own projected net profit of 277 billion rupiah (SSI66 million) for 1994, a figure flagged
      464 words
    • Article
      STIC food unit buys govt-owned abattoir operator
      461 15  -  By Genevieve Cua SINGAPORE Singapore Food Industries (SFI), a subsidiary of the listed Singapore Technologies Industrial Corp. has acquired a governmentowned abattoir operator. The company is also negotiating to set up a frozen food factory in central China, SFI general manager Peter Tay
      461 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        46 15 Weak '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, WI Curr and SG Warburg.
        46 words
      • Article, Illustration
        HOT STOCK
        117 15  -  By Paul Leo MULTI-PURPOSE is due for a correction soon. The stock rose to $2.49 yesterday, a surge of 76.6 per cent from $1.41 on Jan 24. Daily Relative Strength Index is near 100, indicating a highly overbought situation. Weekly RSI is approaching 75 and will be overbought
        117 words
    • COMPANIES
      • Article
        KLSE urged to beef up its institutional base
        293 16  -  From William Chia in KUALA LUMPUR THE Kuala Lumpur Stock Exchange had to build a bigger base of institutional investors, the president of the Malaysian Investors' Association, PHS Lim. said yesterday. Mr Lim told a funds-man-agement conference that the bourse although one
        293 words
      • Article
        Strong KL firms should support stock exchange: Nik Din
        269 16 KUALA LUMPUR Local institutions which are financially strong should play their part and support the stock market when sentiment is poor. Kuala Lumpur Stock Exchange executive chairman Nik Mohamed Din Nik Yusoflf said there was a lot of liquidity in the
        269 words
      • Article
        Land & General earnings jump 41% to M$142m
        338 16  - Land General earnings jump 41% to M$142m From Ruth Wong in KUALA LUMPUR DIVERSIFIED Land General Bhd (L&G) saw a 41 per cent jump in the group's net profit to MS 142.15 million (5580.91 million) from MS 100.83 million for the year ended December 31, 1994. The group's earnings exceeded
        338 words
      • Article
        Sitt Tatt likely to take over Sabah's vehicle operations
        302 16 KUALA LUMPUR Sitt Tatt Bhd is likely to secure the privatisation deal to take over the Sabah government's fleet of motor vehicles comprising sedans and limousines. This would include buying over the fleet, maintaining it and then leasing it back to
        302 words
      • COMPANY BRIEFS
        • Article
          YHS director resigns
          33 16 SINGAPORE Philip Ng Chee Tat has resigned as a director of soft drinks maker and distributor Yeo Hiap Seng effective last Saturday. He was alternate director to Lim Hong Kcat.
          33 words
        • Article
          Orchard Parade unit lifts capital
          71 16 SINGAPORE Orchard Parade Holdings yesterday said its subsidiary, OPH Riverside, had raised its authorised capital from $100,000 to $31 million by creating 30.9 million ordinary shares of S1 each. OPH Riverside also raised its paid-up capital from $2 to $31,971,700 by alloting shares to its
          71 words
        • Article
          SPP arm in capital-raising move
          38 16 SINGAPORE SPP Ltd yesterday said its wholly-owned subsidiary. SPP Properties, had increased its authorised and paid-up capital to $1 million. SPP Ltd now owns one million shares of $1 each in the subsidiary.
          38 words
        • Article
          Nod for Hong Fok Corp new shares
          107 16 SINGAPORE Hong Fok Corp yesterday said the Hongkong Stock Exchange had approved the listing of and dealing in 75 million new shares of 25 HK cents each in its subsidiary Winfoong Investment Ltd. Winfoong issued the new shares under a conditional agreement with
          107 words
        • Article
          BMT bonus issue gets green light
          62 16 SINGAPORE British and Malayan Trustees (BMT) yesterday said the Stock Exchange of Singapore had granted in-principle approval for a proposed a 17-for-one bonus issue. The bonus issue will comprise 516,970 new ordinary shares with a par value of $10 each. They will be partly
          62 words
        • Article
          ABN-Amro announces FRN rate
          43 16 SINGAPORE ABN-AMRO Bank yesterday said the US$5O million (5572.5 million) in floating rate notes (FRN) with warrants issued by Parkway Holdings Ltd will carry an annual interest rate of 6.8125 per cent for the three months to May 16.
          43 words
        • Article
          L&M director gets audit role
          35 16 SINGAPORE L&M Group Investments has appointed Putra Masagung, an existing director, to serve as a member of its audit committee. He replaces Malcolm Leonard Smithson with effect from Jan 27.
          35 words
        • Article
          Corrections and clarifications
          49 16 SINGAPORE Asia Pacific Breweries clarified yesterday that David Richard Hazelwood had joined the company as its director. BT had wrongly reported in the Company Briefs column yesterday that Mr Hazelwood would succeed JBHM Beks as a director of Heineken NV. We are sorry for the error.
          49 words
      • Article
        UNIT TRUSTS & FUNDS
        489 16 UNIT TRUSTS FUNDS Ml«»|»ll' )liril tH Feb IS |JS Gr Fund 0 99 1.03** Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.59 I 68 Unifund 1.34 1.40 The Savings Fund 1.51 IW Unibomd* 102 1.045 S port Prog Fund 0 57 0.61 Untied Or Fund' 1.56 1.62 S'porc
        489 words
      • Article, Illustration
        Lock icon Giordano's 1994 profit seen rising 31%
        559 17 Bloomberg Business News HONGKONG Sales from a push into new Asian markets by clothing retailer Giordano Holdings countered slow growth in its Hongkong business in 1994. A group of analysts surveyed by the Institutional Brokers Estimate System yesterday made earnings predictions for last year
        Bloomberg Business News  -  559 words
      • Article
        Lock icon New World, Hang Lung to test HK property market
        251 17 Bloomberg Business News HONGKONG Two of Hongkong's major property developers, New Worid Development and Hang Lung Development, will test the colony's sagging property market this week with discount sales of 90 apartments each. New World will offer 90 low-rise apartments at
        Bloomberg Business News  -  251 words
      • Article
        Lock icon Bapepam queries Sinar Mas on establishment of holding company
        190 17 Reuter JAKARTA Indonesia's capital market supervisory agency Bapepam said it had asked the Sinar Mas group to clarify reports about the formation of a holding company comprising all its pulp and paper subsidiaries. "We have asked them for clarification," Bapepam chairman
        Reuter  -  190 words
      • Article
        Lock icon Samsung sets up household appliance venture in China
        334 17 Bloomberg Business News HONGKONG Two top South Korean companies have agreed to set up joint ventures in China. Samsung Electronics Co, the world's largest producer of computer memories, has signed a joint venture agreement to make household appliances in the eastern Chinese
        Bloomberg Business News  -  334 words
      • Article
        Lock icon San Miguel posts 41% profit hike before non-recurring items
        197 17 AFP MANILA San Miguel Corp of the Philippines yesterday said it posted a 41 per cent surge in net profit before nonrecurring items in the year to December to 4.93 billion pesos (SS2B7 million). Aggregate sales volume growth of 9.0 per
        AFP  -  197 words
      • Article
        Lock icon Coca-Cola stretches lead in US beverage market: report
        534 18 Bloomberg Business News ATLANTA Coca-Cola Co widened its lead in the US$5O billion (5572.5 billion) US beverage market in 1994, according to Beverage Digest, an industry publication. Atlanta-based Coca-Cola's stable of beverages garnered 41.5 per cent of the market, distancing itself from
        Bloomberg Business News  -  534 words
      • Article
        Lock icon PepsiCo may sell more restaurants
        212 18 Bloomberg Business News SCOTTSDALE, Arizona PepsiCo Inc might sell more of its company-owned restaurants to franchisees to reduce its exposure in the restaurant industry, chief executive Wayne Calloway said on Monday. Purchase, New York-based PepsiCo owns more than 60 per cent of the restaurants in
        Bloomberg Business News  -  212 words
      • Article
        Lock icon Govett American extends legal battle with Govett & Co to UK courts
        265 18 Govett American extends legal battle with Govett Co to UK courts Reuter LONDON The legal battle between investment house Govett Co and the Govett American Endeavour Fund (GAEF) took another turn on Monday as Govett American took the battle to British courts as well as those in the US. Govett
        Reuter  -  265 words
      • Article
        Lock icon US-Indian venture to set up entertainment chain
        205 18 Reuter BOMBAY United Artists Entertainment Co of the US said on Monday it was forming a joint venture with India's KK Modi group to set up a chain of entertainment centres in India. "This venture has great potential as in India you have
        Reuter  -  205 words
      • Article
        Lock icon Baxter International directors give green light for US$500m stock buyback
        244 18 Bloomberg Business News DEERFIELD, Illinois Baxter International Inc said on Monday its board has approved the repurchase of US$5OO million (***** million) of the company's stock. The shares will be bought over a two-year period. Baxter has about 282 million
        Bloomberg Business News  -  244 words
      • Article
        Lock icon Kerry Packer's move to raise stake in Fairfax above 15% triggers government inquiry
        399 18 AFP SYDNEY Television and magazine magnate Kerry Packer raised his stake yesterday in Australia's most prestigious newspaper chain, triggering a government inquiry amid fears of a looming takeover bid. The move took his share in John Fairfax
        AFP  -  399 words
      • Article
        Lock icon Sega stocks battered by talk of losing battle with Sony
        342 18 Reuter FT TOKYO A plunge in the share price of Sega Enterprise Ltd yesterday reflected market worries that it may be losing its battle with Sony Corp over a new generation of video game machines, brokers said. Sega shares closed
        Reuter; FT  -  342 words
      • Article
        Lock icon Earnings down 24% as Pacific Dunlop takes A$40m charge on heart pacemaker woes
        282 18 Bloomberg Business News SYDNEY Australian diversified rubber, food and sportswear group Pacific Dunlop Ltd yesterday said first-half profit fell 24.4 per cent, largely on a previously announced charge related to problems with the group's heart pacemaker. Profit
        Bloomberg Business News  -  282 words
      • Article, Illustration
        Lock icon All's not well for Maxwells
        65 18 AFP LONDON lan, one of the late Robert Maxwell's sons, arriving at the High Court on Monday on the first day of fraud proceedings against him and his brother Kevin. Mr Maxwell died after falling overboard from his yacht near the Canary Island. It emerged
        AFP  -  65 words
      • Article
        Lock icon Aussie food group aims to double share of world yeast market
        194 18 Reuter SYDNEY Food group Burns Philp and Co Ltd is seeking to double its share of the world yeast market over the next five years, managing director lan Clack said yesterday. Burns Philp is currently the world's leading manufacturer
        Reuter  -  194 words
    • FINANCE & COMMODITIES
      • Article
        Three S'pore banks considering alternatives to branch licence
        420 19  -  From Al Labita IN MANILA THREE Singapore banks, which failed to get a licence under the new banking rules, are considering other options. "We will look into other options now that the door for a branch licence has been closed," International Bank
        420 words
      • Article
        Getting by with fewer expatriates
        450 19  -  Hongkongßank acts to localise management in the Asia-Pacific By Schutz Lee SINGAPORE The Hongkong and Shanghai Banking Corp Ltd is cutting the number of expatriate stafT it deploys in the Asia-Pacific but not to the drastic extent that was reported by a Hongkong publication. A
        450 words
      • Article
        Lock icon Mexican credit line on track
        68 19 Reuter NEW YORK The US$3 billion credit line that JP Morgan and Co Inc and Citicorp are arranging for Mexico is on track, a Morgan spokeswoman said. A number of banks have said they plan to participate in the credit line, including US, Canadian, Japanese
        Reuter  -  68 words
      • Article
        Lock icon Commonwealth Bank profit up 45% on home loans
        272 19 Bloomberg Business News SYDNEY Commonwealth Bank of Australia Ltd, which is 50.1 per cent owned by the federal government, yesterday said first-half profit rose 45 per cent, largely reflecting the tailend of the housing lending boom. Profit in the six months ended
        Bloomberg Business News  -  272 words
      • Article
        Lock icon CS First Boston in cost-cuting move
        121 19 Bloomberg Business News NEW YORK CS First Boston will close its municipal bond business, shut offices and sell others to reduce costs following a 52 per cent decline in profits in 1994. The firm is taking the steps after earnings fell to US$l56 million
        Bloomberg Business News  -  121 words
      • Article
        Lock icon Allied Irish Banks' profit rises
        63 19 Bloomberg Business News LONDON Allied Irish Banks, Ireland's biggest financial services company, said 1994 pre-tax profit was 341 million punts (***** million), up from 292.6 million punts last year because of lower provisions for bad debts. Earnings per share rose to 30.4 Irish pence from
        Bloomberg Business News  -  63 words
      • Article
        Lock icon US banks urged to manage interest rate risks prudently
        337 19 Knight-Rid-der HONOLULU United States federal bank regulators yesterday urged banks to make sure they were prudently managing their interest rate exposure, and said they had already identified some small banks that were facing problems because they had not adequately managed these
        Knight-Ridder  -  337 words
      • Article
        Lock icon Luxembourg banks' profits dip 3.3%
        61 19 Reuter LUXEMBOURG Luxembourg banks' earnings dipped in the first nine months of 1994 from their record level in the year-earli-er period, figures in the Luxembourg Monetary Institute's latest quarterly report showed. Net profit before provisions fell 3.35 per cent to 87.211 billion francs from 90.235
        Reuter  -  61 words
      • Article
        Lock icon Salomon Bros closing private broking division to cut costs
        544 20 Bloomberg Business News NEW YORK Salomon Brothers Inc is closing its brokerage division for wealthy individuals, a business that had 115 employees, as part of a cost-cutting strategy announced last week. "We are discontinuing our private investment business in order to
        Bloomberg Business News  -  544 words
      • Article, Illustration
        Lock icon Angry with aid to Mexico
        46 20 AFP NEW YORK Pro-Zapatista demonstrators protesting inside a Chase Manhattan bank branch here on Monday against the financial bail-out of Mexico by American banks. At least six protesters were held by police after they entered the bank and damaged property. AFP
        AFP  -  46 words
      • Article
        Lock icon China's '94 cotton output falls short of target
        311 20 Bloomberg Business News BEIJING Heavy-handed tactics by the Chinese government to exhort cotton growers to raise their output had only limited success with last year's crop coming in at about 4.25 million tonnes, according to the Agriculture Minister. In a speech carried
        Bloomberg Business News  -  311 words
      • Article
        Lock icon Change in Asian diet keeping threat of rice shortage at bay
        451 20 AFP HONGKONG Changing diet in several Asian countries is keeping at bay a possible shortage of rice, the region's staple, despite the pressure of growing population, natural calamities and diminishing farmlands. To stave off shortages, Asian governments are monitoring
        AFP  -  451 words
      • Article
        Lock icon HK silk trade hit by low demand and US, EU quotas
        389 20 AFP HONGKONG Hongkong's silk business is losing its sheen, with supply high, and low demand further depressed by US and European Union quotas. The silk trade got rougher last year with China agreeing to a US demand to limit
        AFP  -  389 words
      • Article
        Lock icon Canadian Imperial Bank axes 15
        424 20 Bloomberg Business News NEW YORK Canadian Imperial Bank of Commerce fired 15 currency traders and sales people in New York and London as part of a shift towards trading currency options. The bank cut nine jobs in New York, partly to eliminate redundancy between that
        Bloomberg Business News  -  424 words
      • Article
        Asian light unchanged on steady demand
        313 20 Bloomberg ENERGY REPORT SINGAPORE Prices for light refined oil products in East Asia were unchanged as steady demand soaked up regional supplies and cargoes coming to Asia from overseas. Spot cargoes of gasoil were assessed at about 20 cents a barrel more than the
        313 words
      • Article
        Lock icon Currency Reports: London
        206 20 Bloomberg Business News LONDON The dollar steadied against the mark and rose against the yen before the release of the January US retail sales report. The report for December was one ot the first economic indicators to ease inflation concern. because it suggested rising interest rates were
        Bloomberg Business News  -  206 words
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        Lock icon New York
        95 20 AFP NEW YORK The dollar faced mixed trading yesterday with the market having little reaction to the announcement of modest increases in retail sales figures for January Retail sales gained 0.2 per cent instead of the 0.3 to 0.4 per cent experts had expected. Around 1445 GMT, the
        AFP  -  95 words
      • Article, Illustration
        Untitled
        1591 20 I rade-neighled index lakulaled a«uin\t S/»»<'\ top 14 trading partner* Bav year l9Hf US$/S$ forward rates Noon /Feb t4 si Bid Offer 1-month ***** 1.4495 2-month 1.4440 1.4455 3-month 1.4412 1.4427 6-month 1.4332 1.4352 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m m Ftfe 14 Singapore dollars to one
        1,591 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen end firm
        1405 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures were firm at close. Dealers said Eurodollar market participants were mostly sidelined ahead of the release of US January retail sales data last night. They said the market is divided over the numbers and whether they would
        Reuter  -  1,405 words
      • Article
        Active trading pushes tin higher
        667 21 COMMODITY REPORTS KLTin THE Tin Market closed seven sen higher to MS 13.90 per kg yesterday on intensifying buying interest amid active trading, dealers said. One dealer said the bullish sentiment was highly accredited to the positive leads which saw the metal "in demand" compared
        667 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Philippine mine to up copper output
          62 21 TOKYO Marcoppcr Mining Corp. hoping to take advantage of high demand for the copper ores it mines on the Philippine island of Marinduque, is adding a fifth ore mill to lift capacity to 35.000 tonnes per day from 30.000 tonnes. Marcopper produced 131,000 tonnes
          62 words
        • Article
          India buys Malaysian palm olein
          110 21 NEW DELHI India's state-run State Trading Coip has bought 6,000 tonnes of Malaysian palm olein, and a senior company official said more will be bought in the current 1994-95 (Nov-Oct) oil season to meet any shortages. Palm olein was bought recently, said the official, but
          110 words
        • Article
          Taiwan may act on yarn imports
          63 21 TAIPEI A report indicating Taiwan's cotton spinning industry has suffered losses from imports of low-priced Pakistani cotton yarn is now being forwarded to the Finance Ministry to determine whether anti-dumping tariffs will be levied. Local traders said the Finance Ministry may decide to slap
          63 words
        • Article
          Rice prices dive at Tokyo auction
          73 21 TOKYO Rice prices showed almost the biggest drops allowed at a Tokyo auction held yesterday. reflecting the abundant harvest and weak sales. Kyodo news service reported. Of the nine types traded during the morning at the fourth auction ot the current crop, prices of
          73 words
    • Article
      COMMODITY PRICES
      1419 21 Rubber Feb 14 Singapore Commodity Exchange Physical Price* (futures dosing as at 5.30pm) Bayers Sellers As at 12 aeon (S cents/kg) RSS 1 Contract (S cents/kg) r 77— RSS 2 Mar 95 255.00 256.00N Month Hi eh Low «™n£rt Rss 3 Mar 95 254 00 255.00N Month 5011
      1,419 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1000 22 -11.5 WEAKER blue chip resource stocks led the Australian share market to a lower close yesterday as investors assessed mixed company profit results. Brokers said good company profit results released earlier in the day had boosted the local bourse, but this was later offset by less positive announcements. The
        1,000 words
      • Article
        Manila
        557 22 18.72 Share prices climbed 0.71 per cent yesterday on the back of an anticipated strong fourth quarter result of blue-chip San Miguel Corp, analysts said. The PSE Composite Index gained 18.72 points to close at 2,660.51 points. Volume fell 59.93 per cent to 2.069 billion shares with value down
        557 words
      • Article
        Taipei
        593 22 +6.38 The Taipei bourse yesterday staged a weak comeback in cautious trading, propelled by good performances of plastic and chemical shares and textiles. dealers said. The 423-issue Weighted Price Index recovered 6.38 points to settle at 6,504.59 points, following a 67.03-point drop the previous session. Turnover diminished with 1.02
        593 words
      • Article
        Seoul
        444 22 -15.61 Share prices dived yesterday on a government announcement that it would introduce austere economic policies to head off inflation, brokers said. The Composite Price Index plunged 15.61 points to close at 941.49 points in lacklustre trading. Turnover diminished to 23.66 million shares valued at 515.8 billion won from
        444 words
      • Article
        New Zealand
        264 22 -0.61 The share market closed narrowly mixed after the market gained momentum in the afternoon ahead of a rash of results this week. The NZSE-40 Capital Index closed down just 0.61 points at 1,967.46 on a volume of NZ536.30 million. Corporate activity also provided some interest. Nearly 900,000
        264 words
      • Article
        Bombay
        185 22 +9.95 Share prices ended a shade higher as some domestic funds turned selective buyers but the overall trend was weak, brokers said. "Index-wise the market was a little better but there was not much improvement in volumes," one broker said. The 30-share BSE Index climbed 9.95 points to a
        185 words
    • WORLD STOCK MARKETS
      • Article
        London
        640 22 -9.8 LEADING UK shares wilted late in the day, failing to hold moderate midday gains as investors fretted over UK and US economic data due today, although bid speculation boosted mid-250 shares, dealers said. The FTSE-100 Index of UK blue chips ended down 9.8 at 3,071.3 but news that
        640 words
      • Article
        Paris
        154 22 +5.78 French shares finished a quiet session with a small gain, recovering just over a fourth of the previous day's loss. "You could barely call it a technical rebound," a trader said. The CAC-40 Index drifted in a 14-point range. Even the eagerly-awaited US retail figures failed to move
        154 words
      • Article
        Frankfurt
        247 22 +9.37 German stocks were mixed in post-bourse trading, paring earlier gains, after US January retail sales figures failed to give Wall Street much impetus. "There are very few orders this afternoon," said a broker. "People are watching the US figures but the retail figure was close enough to expectations,
        247 words
      • Article
        Brussels
        184 22 1.26 Belgian shares closed just 0.09 per cent higher in cautious trade ahead of the re- lease of US consumer price data. The Bel-20 Index ended 1.26 points higher at 1,358.40 with about 1.95 billion francs worth of Belgian shares traded. Some dealers expected CPI to have a short-lived
        184 words
      • Article
        Milan
        173 22 +33 Italian shares ended the February account on a mixed note and views vary over whether the market can make much progress at the start of the new trading month today. Telecom Italia was a bright performer, rising over 2 per cent with the help of a buying order
        173 words
      • Article
        Amsterdam
        242 22 -0.78 Dutch shares closed slightly lower after failing to overcome early light selling pressure in thin volume. Operators were reluctant to take positions ahead of today's key January consumer price data in the US. The AEX Index finished down 0.78 at 413.97. "The underlying mood is still fairly bullish,
        242 words
      • Article
        Stockholm
        99 22 +0.72pc Swedish shares jumped during afternoon trading with considerable support from index-heavy Ericsson. The OMX Index climbed 0.72 per cent to 1195.36 in turnover of 2.455 billion crowns. "Ericsson has lifted the market today, it appears that foreign investors are coming back," a broker said. +6.8 Stockholm hrb 14
        99 words
      • Article
        Zurich
        250 22 Swiss shares closed firmer, but below an earlier high on low volume. Roche and Sandoz led the market higher, while the rest of the blue chips performed mixed. The broad SPI Index closed up 3.74 points to 1,719.76. The blue chip SMI Index closed up 6.8 points to 2,642.8
        250 words
      • Article
        Johannesburg
        281 22 -29.5 Traders said the market had found few fresh positive factors, and drifted lower amid a lack of investor interest. "A lot of the volatility seems to have gone out of the market," a trader said. The Overall Index shed 29.5 points to 5,183.5, the Industrial Index was 37.9
        281 words
      • Article
        Toronto
        225 22 +7.06 Stocks edged higher eariy along with other Canadian financial markets, but the overall market tone remains sluggish, traders said. The TSE 300 Composite Index rose 7.06 points to 4107.41 on volume of 7.69 million shares valued at C 545.3 million. Advances squeezed past declines 127 to 121, with
        225 words
      • Article
        New York
        747 22 +2.69 The Dow Jones Industrial Average, which rose 15.14 points on Monday, was ahead 2.69 points to 3956.90 at 11 am EST. The key barometer was up more than 10 points earlier. The New York Stock Exchange Composite Index was off 0.07 to 261.78, while Standard Poor's 500-stock
        747 words
      • Article
        Untitled
        665 22 Britannia Funds Sterling Cash Bid Offer Mim ap Deposit JI MOO J8.6500 Mim ieriey CiK 0.189} 0 1992 MuaMailKomc 0.9100 ***** US$ Cash Incomc PVu-s Fund WOO '9 *000 PS S Rnmc Fund 5 MOO S 4000 Slrrlim Matty tyro Performance fl.4»2 0 49M Far E«l Fund *2 7650 '2
        665 words
    • Article, Illustration
      Lock icon HONGKONG
      3000 23 Bloomberg Business News HONGKONG Stocks dropped for a third day as investors braced for US economic figures that may bring news of accelerating inflation. Concern over the deteriorating health of Chinese leader Deng Xiaoping, prospects for a USChina trade war and a possible flood of new warrants also dogged
      Bloomberg Business News; Source: Bridge Info  -  3,000 words
    • Article, Illustration
      Lock icon CHINA
      596 23 CLSA IN Hongkong, profit-taking dominated the H share market. With the index finishing 0.7 per cent lower, overall turnover remained high at HKSISB million. Maanshan and Bohai were particularly hard-hit. with both counters down over 5 per cent. Hai Xing Shipping, plummeting almost 3 per cent, dragged the index
      CLSA  -  596 words
    • Article, Illustration
      Lock icon TOKYO
      2531 23 Bloomberg Business News TOKYO Stocks recorded their fifth decline in six sessions amid concern over the health of Japan's electronics exporters and second thoughts about potential profits from the reconstruction of earthquake-stricken Kobe. Electronic, car and construction shares led the market lower. "There is ongoing talk about reconstruction, but
      Bloomberg Business News; Source: Bridge Info  -  2,531 words
    • Article, Illustration
      Lock icon JAKARTA
      1188 23 Reuter JAKARTA Share prices closed lower in moderate trading, with active foreign participation failing to boost overall market sentiment, brokers said. "Buying orders came mostly from London and New York while selling orders were from Hongkong." one broker said. Hongkong-based fund managers appeared to be cautious due to the
      Reuter; Source: Bridge Info  -  1,188 words
    • Article
      CLOB INTERNATIONAL
      2451 24 t.r l.f Um \ol Day Ijnl Qnk l>.» IN* \ld Nrt M t af High low (ompaa) S»W (TOO) lli«h loo Buicr Nclkt f»r S P/li Vmil MALAYSIAN STOCKS WS 7J rn AISB MX 2*0 20 7 281 2*0 2*4 288 JO -29 0 I 28 7 206
      2,451 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks fall as short-term investors take profits
        6932 24 Bloomberg Business News KUALA LUMPUR Stocks fell as Malaysian investors cashed in on short-term gains rather than pay for stocks purchased last week, traders said. "Money in the pocket is better than forking it out," said Patrick Zecha, investment analyst at OCBC Securities.
        Bloomberg Business News; Source: Bridge Info  -  6,932 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8660 25 MAIN BOARD (it \l W| 1994 "»5 Im Vol Out I asl Quulr Di> l)is \W Net (up \<f High I u» C unipunt Sjlr i 1**11 High I •>■> Butrr "seller Csr S P t Mnil 1'iirr INDUSTRIAL AND COMMERCIAL 720* *lts nil 4 Vm 50t 440 -2 10
        8,660 words
      • Article, Illustration
        Lock icon Speculative trading in lower-priced issues cools off
        1852 26  -  By R Sivanithy SINGAPORE Speculative activity in the local stock market cooled off yesterday, ending a run that propelled Malaysian and other lowerpriced issues into the limelight from early last week. Interest in local blue chips, however, continued to be indifferent, possibly an
        Charts by Bridge Info; Source: Bloomberg  -  1,852 words
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      176 15 NEWS VALUE Contra losses hit big M'sian clients of S'pore brokers (pg 1) Such news can be taken to mean that the stock market has not found its bottom. Leap in Fed funds rate to 8% likely: IP Morgan economist (pg 1) Avoid stocks, particularly those companies with high borrowings.
      176 words
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      493 16 TIMES LIFESTYLE JSL (Experience 120 years of I I m? /'jff tradition Audemars Piguet Museum 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 /m@MGeneva, is the cradle of the watchmaking art. It was here
      493 words
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      393 17 The ultimate approach to immediate leadership in profits and market share If you need a proven approach to ensure quantifiable increased effectiveness with your key customers... If you need to win that major deal with outright certainty... If you need to guarantee fast and measurable sales results from your next
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      206 18 FREE OF HLJ CHARGE Consider free access 1 m High Returns Growing Economy liSjljlHHHij^H Ongoing Deregulation 6 6 January 1995 edition: Growing Middle Class T Detailed perspective Income Sector on each^?r^erty Expanding Customer sector in Indonesia Base Covers Jakarta, Bali and Surabaya 1995 Outlook If you are interested, you may
      206 words
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      955 19 Epson unleashes 720 dpi color ink-jet printer that produces near-photographic images Using a proprietary R&D "P*"* to I paid off. The quality of images provided by Epson piezoelectric print head technology, tpson contrasting its output to that of Canon's 360 dpi BJChas managed to squeeze high-resolution 600 bubble-jet and hp's
      955 words
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      87 21 Financial [SJ3 News |V(u9| A Quick Look At The I I Markets I Call 24 hours a day for I SES KLSE midday I reports, closing I market reports and business news. Cost: 30 cents a minute Organised by: An SPH AudioTex Service Any Time. irz *MT Ttree lof s
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      45 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 1800-737-1166 Make the connection through The Straits Tunes Classified when you're looking for bargains or looking for CT customers. Just give us a call. CATS.
      45 words
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      211 23 What makes this clock The difference is unlike any other clock in the world night and day. some clocks claim to offer world time, only GEOCHRON shows <2 you complete global time in vivid colour. Its everchanging. illuminated map actually replicates the earth's rotation allowing the GEOCHRON to accurately depict
      211 words
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      68 24 H Mondial Takes a Shine to Ngee Ann City To add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial. Now at Ngee Ann City. For Jf all your internationally certified G.I. A, H.R.D and 1.G.1 diamonds, emeralds and other gemstones. NEW SHOWROOM: Mondial Ngee Ann City
      68 words
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      64 25 INVESTMENT OPPORTUNITIES DON'T ALWAYS START AND END ON THIS PAGE. At Citibank, you can prosper through a wide range of investments. Local and Foreign Currency Time Deposits, Unfixed Time Deposits. Foreign Currencies, Unit Trusts and more. Just call our 24-Hour CitiPhone Banking toll-free on (1800) 225-5225 for your share of
      64 words
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      25 26 o o o Q o LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. BusmessTimes WE KNOW ASIA
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      454 26 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF DEMMDO (S) PTE LTD (In Members Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap 50. that a Final Maating of tha members of the abovenamed Company wfl be held
      454 words
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  • SHIPPING TIMES
    • Article, Illustration
      Kepphil Shipyard completes work on 2 major jobs
      329 27  -  From Al Labita in MANILA MANILA Kepphil Shipyard Inc (KSI), a listed unit of the Keppel Group, has completed two major job contracts worth 36 million pesos (Ss2.l million), the company said on Monday. The projects involved the construction of a floating
      329 words
    • Article
      Lock icon Shanghai to launch two port expansion projects
      266 27 AFP SHANGHAI Shanghai's harbour administration bureau will begin work this year on two major projects to build the port into a major international shipping centre, an official said yesterday. Chen Changqing. a senior official of the bureau, said dredging work will begin on
      AFP  -  266 words
    • Article
      Lock icon Crew rescued from blazing ship in English Channel
      273 27 AFP CALAIS, France French and British emergency services evacuated 21 crew members of a Panamanian banana boat in the English Channel on Monday, ofllcials said. The blaze broke out in the engine room of the Shofu early on Monday. A number of
      AFP  -  273 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1047 27 Page Col ABC Containcrline 16 I Able Shpg 7 4/5 Accord Group 8 1-3 AhlcrsLine 12 1 Ahrenkicl Liner 4 1/2 ANL 3 4/5 Antaco Mgmt 17 3 APL 18 1/2 Appenship 4 4/5 Arabian Express 15 4 ASCL 5 5 Astro Shpg
      1,047 words
    • Article
      Lock icon Sharp rise in piracy cases in SEA
      290 27 Reuter KUALA LUMPUR Incidents of piracy worldwide declined in 1994 but increased dramatically in Indonesian waters. the Regional Piracy Centre said yesterday. In its annual piracy report, the centre said there were 90 incidents of piracy across the world in 1994 against 103
      Reuter  -  290 words
    • Article
      Lock icon Royal Caribbean sees bright prospects
      484 27 Strong bookings for summer cruise season, says chief Reuter MIAMI Royal Caribbean Cruises Ltd chairman and chief executive Richard Fain expects the company to have a good year in 1995. He noted in an interview on Monday that bookings are looking especially strong for the
      Reuter  -  484 words
    • Article
      DAILY FREIGHTS
      1578 28 GRAIN TRADES slowed down after last week's hectic fixing which saw US Gulf/Japan soaring to US$33. The Baltic Freight Index (BFl) edged up four points on Monday to 1,984. Futures slipped, with April down 28 at 2.010. There were no significant developments on the most important grain routes.
      1,578 words
    • Article
      TRANSPORT DIARY
      563 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
      563 words
    • Article, Illustration
      Inefficiencies cloud bright outlook
      1003 29  -  Brian Gomez, reporting from Sydney, looks at the factors that hinder the growth of container shipping Down Under Brian Gomez Australia's ability to fully benefit from the burgeoning growth in container shipping being enjoyed in the Asian region is being inhibited by slow domestic growth. This
      1,003 words
    • Article
      THE SHIPPING GUIDE
      11705 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. LEGEND PN: ship calls at Penang after
      11,705 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        520 39 Vessrt Voy No Berth Arrival Pgartyrt Vessel Voy No Befth Arrival Departure Jurong Port a#h 02 95 pm mo? 1900 1502 0/00 Dm Guna 02 02 121 alongside IS 02 2300 Ns Express 02WB P06 15 02 0/00 1602 0600 Gott Horizon 16V* 18 alongsrte 1502/1500 Yadana
        520 words
      • Article
        CONTAINER SCHEDULES
        1623 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO CEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO 2 Record Bookint/Balance RsJts SQp Voy No Etb/Btr Period From To From •oTi* 0596 17/2359 IB 14/1500 14/1659 14 1900 4 15/1200 15/1459 15/1/00 *CvKt0f» 0059A 16/0200 1* 14/1500 14/1659 14/1900 IB
        1,623 words
    • SHIPPING TIMES
      • Article
        Lock icon Sale of components business likely as GM renames group
        612 46 Bloomberg Business News DETROIT General Motors Corp has renamed its US$26 billion (5538.2 billion) component operations in a move some analysts said is a prelude to selling all or a major part of the business. The change to Delphi Automotive Systems,
        Bloomberg Business News  -  612 words
      • Article, Illustration
        Lock icon Schiphol gets rapped over animal transport
        64 46 AFP SCHIPHOL, the Netherlands Members of Peta (People for the Ethical Treatment of Animals) protesting on the runway of Schiphol-East airport on Monday. They were demonstrating against the transport of calves from Coventry, England, to the Netherlands. Five activists were arrested by airport police.
        AFP  -  64 words
      • Article
        Lock icon Canadian govt seeks talks with unions to avert rail strike
        203 46 Bloomberg Business News OTTAWA Canadian Transport Minister Doug Young has called last-minute talks with union leaders to avert a nationwide rail strike that could shut down freight and passenger traffic. Last week, workers at Via Rail Canada, the national senger
        Bloomberg Business News  -  203 words
      • Article
        Lock icon US car dealers see flat sales
        172 46 Reuter DALLAS A flood of cheap, two-year-old used cars will lure more and more price-conscious buyers away from new vehicles this year and may hurt car and truck sales next year and in 1997, US dealers and industry experts say. At the National Automobile
        Reuter  -  172 words
      • Article
        Lock icon United to put Bill on trans-Atlantic flights in June
        448 46 Bloomberg Business News CHICAGO United Airlines said on Monday it will begin trans-Atlantic service of the new Boeing 777 jetliner on June 7, putting confidence in Boeing Co that the plane will be certified for overseas flights by then. The Federal
        Bloomberg Business News  -  448 words
      • Article
        Lock icon Alitalia head won't give in to unions
        497 46 Cabin crews, pilots and ground staff go on strike Reuter ROME The managing director of Italian state airline Alitalia SpA said on Monday he would not give in to the demands of unions who began two days of strikes that disrupted flight traffic.
        Reuter  -  497 words
      • LOG BOOK
        • Article
          Lock icon United to cap agents' commissions
          123 46 Bloomberg Business News CHICAGO United Airlines will cap the commission paid to travel agents for writing airline tickets, matching plans announced last week by rival carriers. Chicago-based United, a unit of UAL Corp, said as of today the cap will be US$5O (Ss74) for a
          Bloomberg Business News  -  123 words
        • Article
          Lock icon Storm damages 5 jets at Miami airport
          106 46 AP MIAMI A windstorm with gusts of up to 98 kph damaged five jetliners parked at Miami International Airport on Monday. No one was injured and passengers were scheduled on other flights. A Tower Air 747 was spun sideways and pushed into a
          AP  -  106 words
        • Article
          Lock icon Continental Airlines cuts Europe fares
          90 46 Bloomberg Business News HOUSTON Continental Airlines Inc is reducing fares for senior citizens and others by as much as 50 per cent. The Houston-based airline said the "sweetheart deal" fares range from as low as US$99 (SSI46) one way from New York/Newark to London to
          Bloomberg Business News  -  90 words
        • Article
          Lock icon Man held over KLM's forced landing
          108 46 AFP GLASGOW. Scotland An airline passenger was arrested on Monday, after a mid-air "disturbance" forced a Canadian-bound jumbo jet to divert to Glasgow, police said. Police said the KLM Boeing 747 from Amsterdam to Toronto was diverted after a "disturbance;; on board, but gave
          AFP  -  108 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1775 46 Crtj Firtt ET> n» no_ atjr r-x ct> nw no_ MM DfcaM OK 150 1620 GA984 0100 **896 1920 OK 150 1800 SQ442 2000 HhwhhM SQ977 1715 SQ978 0150 ***** He CM MM City VN741 1310 VN740 1500 kttlaMe SQ227 2030 SQ171 1920 SQI72 1430 IUmwi
        1,775 words
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      49 27 Drager Wh SAFETY EQUIPMENT Rr9B (SOLAS APPROVED) :^j|^^^EZZs: PA9O MARINE 1 Specifically Designed Breathing Apparatus For Maritime Applications HIGH QUALITY HIGH PERFORMANCE Mk\rr>. HIGHLY AFFORDABLE MHHLfIV Draeger South East Asia Pte Ltd 67 Ayci Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING
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      25 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Stopping Times: Tel 740-2089/740-2090
      25 words
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      Page 27 Advertisements Column 3
      57 27 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times Inefficiencies cloud bright outlook of Australian container shipping, Pg 3 Sale of components business likely as GM renames group, Back Pg I STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE r
      57 words
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      1808 28 I north america! I OTHER destinations I I NORTH AtnmcAl I DtMCT CALL TO *t»T COAST 1»C«I 1 WIST COAST Of C.HTKAI AM.MCA MWMAWTA WWVICTI I SMQAPOM CAUPOfIMA DMM (MKCT mCM WMT COAST) «si WT ITO u «.|n I»I Ml I NOMSTON CMC lin «ko «no |w U jnwm U
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      24 28 o O Q o LEAD BY EXAMPLE < 4 For some of the best examples of good management. Enterprise Management. Every Monday. Business Times iffWVAJM
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      648 29 "JT" MkiITCQ ADAD SWITCHBOARD:2272SdO OS UASC SHIPPING CO (SAG) gEbSShSiSSSSU. II SEALOftD SHIPPING AGENCIES- %SBSSSi£gi"" um -0' ISM I RTM IMM I iXLUnJ "vsTvOY ■sw WYC I saw 1 ORF I BaTI jffl YQT SIH SAI IrW fii YQT S«1 SPt 1 QQft I LIY fQS YLC BN ZIM CIO4N
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      117 29 Accepting LCL and conta«n*ri**d cargo** D»r*ct to South Africa Spore Durban p.Eta C.Town Fun Container B*rric* OSAKA MAHU 0380F 16/02 01/03 03/03 04/03 NEW OASIS 0401F 20/02 04/03 06/03 08/03 ORANJE 0520F 03/03 16/03 17/03 19/03 A VSL 06XXF 11/03 24/03 26/03 27/03 VAAL 0777F 21/03 03/04 05/04 07/04 PEMz
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      425 29 ANL. IT'S AUSTRALIAN FOR SHIPPING [TO AUSTRALIA (EAST COAST) I FROM AUSTRALIA {EAST COAST); *bci/wy mi pkc I' ssr m sn mm mm wssti/wn aw sto m m ho *t I"* I COW* MS 13/02 1»/M 11/t2 «1/»J 04/03 07/03 WO3 GOWI IIN 20/01 21/01 20/01 2»/01 13/ M 10/*****/02.
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      1447 30 AOABA ROAM/ [1 VESSEL VOY NO SPORE JEPOAH (VIA JED) S TON H BURG A WEHP HAVRE THAMES ***** 15/2 4/3 7/3 5/3 MAAS ***** 18/2 27/2 6/3 8/3 11/3 13/3 IS/3 NYK KAI 12/107 22/2 11/3 14/3 '2/3 HANNOVER EXPRESS 24/307 25/2 6/3 13/3 18/3 20/3 22/3 NYK ALTAIR
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      520 30 R| IS pore PKelang Loading for VLAHERNA 22/2 Rdm/Atw/UK/Nantes H ESER KAPTANOGLU 18/2 22/2 Rdm/At*/Bmn/UK STEPMN ARTEMENKO 28/2 2/3 Rdm/Ato/UK/Nan •Loads E./W. Indonesia I I Loading foe JEMIMA M Dubat/Oamman/lddah/Aqaba I MANISAMUT NAREE Kuwait/Damman/Dubai •Loads Singapore. E./W Malaysia. Indonesia H I Loading for V PAN EXPRESS Los Angeles/New Orleans/ I
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      1173 30 NORASIA WEEKLY DIRECT SAILING TO HONG KONG, BUSAN KEELUNG ALSO ACCEPTING Iffi DALIAN, QINGDAO XINGANG (VIA BUSAN) SHANGHAI, CHI WAN HUANGPU (VIA HONG KONG) FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN S POKE GENERAL AGENT: NORASIA AGENCIES (S) PTE LTD ALIO LCL TO: TEL: *****83 FAX: *****90 CR
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      1589 31 M STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line BlaAllJttßAßSllAilillJHiiililiMAiiaMUiiMlMaiiH (a service of china navigation co> CARGO DUE SM.S B—T STRAITS VtNIURE V9505L Mujrj. lib KK 15 IS Fob 17 Feb 11 Fob FCL, LCL CONTAINER ANO
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      Page 31 Advertisements Column 2
      2492 31 W. no Singapore Agent: MXtI 1 f Afirg i HPfC P&O Containers (Singapore Agencies) Pte Ltd 10 Hoe Chiang Road. *07-01 Kcppcl Towers. Singapore 0208 First Class Connections WORLDWIDE "»-J*; J**®* pnocsp.f« 225 5327/222 75.7 EXPORT IMPORT VEISE VOV 'PNG 'PKG *M SOU ANT HOT HAM GOT ME LEM VESSEL
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      Page 31 Advertisements Column 3
      597 31 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUNO PKI PtN IOH SM HKG KAO TAi KEE TOK TKT NAG KO6 OSK MOI BUS wan hai 212/N025 iTToi [5/02 1617/02 2i/oa 22.0? 24/02 02 03 03 03 04,03 WAN HAI 203 NO6/ 14/0? 15/02 17/02 IS 19 0? 23/02 24 02 26 0? 27/02
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      Page 32 Advertisements Column 1
      548 32 rfn JOINT VENTURE WV SAMUDERA INDONESIA SIR RICKMERS SINGAPORE CHINA DASA SEPUIUH VOY 3NB 14 FEB QINGDAO GREEN ERA VOY 4NB 13 MAR XINGANG SHANGHAI INDUCEMENT CALL P KELANG INDUCEMENT CALL HK. PGUOAMG. BELAWAN. TG MAN XIAMEN, HUANGPU UTAMA HARTA I —gJ WEEKLY FULL CONTAINEWSHIP FEEOER VESSEL NAME VOY SIN
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      Page 32 Advertisements Column 2
      1272 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 rna ikj SM IN HAUL Sl* TV* POX H* WL S* lIM HAUL SA¥ IM KYC KAN IN I f HAVRE 02* II 2 MttCl 9/3 10/3 11/3 HAH UN KUNSAN 1111 18 2 H. KWYORK
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      Page 32 Advertisements Column 3
      1302 32 IPU SCP ASC MS ALS PUS MI 0» NET 9U rro LM CMS BM KTC IMV Hi m W «C PSD CM PU SGP I I GtMO KOS2 11/2 23/2 I/) 13/3 14/3 IS 316 3 17/) 11/3 29/3 11/4 13/4 24/4 25/4 2C/4 27/4 2t/4 1/5 11 522 5
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      3338 33 VARNA (BULGARIA) CONSTANTZA (ROMANIA) VIA UMASSOL 3 SAILING PER MONTH Singaporet General AgentZ Tel IGeneral) *****00 Saiet. Booking t />ACT,D ruißßiuo nrr i T n Fax lOoporaO: 22*18*6 Container: *****41/844 Container Src— B/L: *****02 Operation Container *****15 COSTAR SHIPPING PTE LTD COSHIP Conventional: *****50 O/O: ******5 Conventional: *****46 C Shenton
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      Page 33 Advertisements Column 2
      335 33 (fc FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) NEXT GROUPAGE SERVICE TO CHINA ETA: 21st FEB. 95 CONTACT: KEN SIM/ SYLVIA HOT LINE: *****33 (30 LINES) P. KLANG PH: 0203-*****02 (10 LINES), PENANG PH: 0204-*****7 (10 LINES) J. BAHRU PH: 0207-*****22 GLOBEUNK FORWARDERS
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      Page 33 Advertisements Column 3
      158 33 PONCNAMA LINE CONTAINERISED SERVICE tTmrf/IW/INC/M$ I wssn (IBS) sgp m UK me MC B3M MSTIOM *502* M 02 22/02 n« 2302 K/U 00,03 MUM) VW2* 25 02 27 02 21 02 02/(3 12/03 15/03 msdas no* m oj 00,03 00/03 11/03 22/03 SMKMC ttMO KM* 11 03 13/03 15/03 10/03
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      1097 34 I. VESSEL VOY SIN JIT VESSEL VOY SIN PEN I a WANA BHUM 267S Wad In Pt Sat 19/2 KOTA JADE JADO39 Wad In Pt Fri 17/2 B VOY SIN BKK I BHATRA BHUM 69S Sat H/2 Tin 21/2 ihTRA BHUM 5027 Fri 17/2 Sat H/2 J 217N Thu 16/2
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      Page 34 Advertisements Column 2
      939 34 79 ANSON ROAD. #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE I PORT KLANG PENANG VESSEL I VOY SIX PKL VESSEL VOY SJh PEW StA LAUREI 362N 16 2 (THU) 17/7 <fRI. MCC CONVEYOR SOU 17 2 <FRI» 19/2 (SUN) FABO *****K 11,2 tFRIi 19/2 SUN<
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      897 35 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I *****53? Km fIHV CR NO *****6 7 QOOOE VESSEL VOY SM CMS JIB HOC JEO AGJ AOE PZU IMW ASA I KOTA BERLIAN BRL27P 10/2 22/2 20/2 2/3 4/9 0/3 10/3 22tt Ut* I
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      Page 35 Advertisements Column 2
      869 35 WT aw I u HAWE IWH THAMES ROITEBDAM MIT WW MUE D'AQULA AO7W 10/02 00/03 10/03 *2/03 13/83 14/03 «U DHYWU HO7W 22/92 IVB3 17/83 10/03 20/03 21/03 WILE OC LTIU TO7II 02/03 22/03 24/03 20/03 27/91 28/03 Will DC WLA W7TT~ M/ 03 20/03 31/03 02/0* 83/04 04/04 •ALSO
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      Page 35 Advertisements Column 3
      579 35 BSAI MYANMA \BBBk five star line (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gd| TAN AH MR V?* SAL ED WA AN V2O7W 11/20 F«b PATHEW VI3IR 27/01 M« PAGAN V2ISW 20 f*t> MALATSIA AGENTS: BOUSTEM) SHTfffK AGENCCS ML: TEL 02 03 2417)00 PKL TEL 024^XM7«7 PER
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      625 38 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E IfMMi MMM UCS it -I rMdnma\ ACCEPTING FCL AND CONVENTIONAL Vmml Voy ETA Loading For Sport Andtnot 38WB 03/04 Mombasa. Djibouti AssaO. Massawa Abbay Worn 43W8 06/05 Mombasa. Djibouti Asaab. Massawa I MWK FULLY CONTAINERISED
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      Page 38 Advertisements Column 2
      727 38 M AFGHANISTAN M&M Afghanistan Ltd., HkJH Hairatan. Torghundi. Islamqala (Doqharun) mwmikmwm c.i.s./russia: Alma Ata, Ashkhabad. Baku. Dushanbe. Irkutsk, Khabarovsk. Krasnoyarsk. Korsakov, Moscow. Milltzer a Muncn Novosoblrsk, Sochi. Tashkent, Tbilisi. Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea; Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA I ALSO
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      304 38 TTTv FOONG SUN Y SHIPPING (PTE) LTD. WHOLESALE CENTRE, BLOCK 1. #0310 SINGAPORE 0511 BOOKINO/ENQUIRIEB CR NO: **********0W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP VESSEL VOT EJA ETD OESTIMTION SUN RAY 3/95 17/2 19/2 PLAAJ/PAIEMBANG SEAMAK 2/95 20/2 22/2 PONTIANAK/SHTETE NANUAKU 1/95 20/2 22/2 BENGXULU/PADANG SUN SPEED
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      Page 38 Advertisements Column 4
      285 38 P-KELANQ: (03) *****77 JAKARTA: (21)6** 107 ***** ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 16/2 17/2 18/2 HKG/BKK/KEE/KHH G'burf/Chafen/Sliolm/Ojlo 19/2 20/2 21/2 i 20/2 21/2 22/2 HKG/BKK/KEE/KHH Praeus 22/2 23/2 24/2 23/2 24/2 25/2 HKG/BKK/KEE/KHH Ldn/Fl*/Rtm/Ant/Ham/leh 18/2 19/2 20/2 I RECEIVING TO 'Z B J'n7c°A M
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      184 39 AC SINO EXPRESS SHIPPING (PTE) LTD. MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKG/SHAI SPORE HKG SHAI VESSEL VOY ETA I ETD ETA ETD ETA ETP J. FASTER 901/902 25/2 26/2 3/3 4/3 7/3
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      1318 39 KSStI SMM fJOJM PtNANG LDI SOU HUM WW RTM DMT IP KSStL PKL SPOM HUt FUSAN HKT KW SHMB) NCO TTO m. arubca mis 14.02 13.02* ntr m«3 k.u 0103 mh mi u.m 21.03 wam ims iiii lut 2012 2102 27.02 «i.w M> HONSHU 2025 20 02 IS 07* 11.02*
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      1394 40 mammasnm U. S. A. /CANADA 3 TIMES A WEEK SL EXPRESS V.224E ETA SIN 20TH FEB 95 MARCHEN MAERSK V.9504 ETA SIN 21ST FEB 95 ARTHUR MAERSK V.9504 ETA SIN 22ND FEB 95 Vessel Voy ETA ETD DESTINATIONS Next Week PANAMA Next Week 6TH STRING MARCHEN MAERSK V 9504 ARTHUR
      1,394 words
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      774 40 [MlMloyfl 111 FULL CONTAINER SERVICES I Bttsai not si*' scr Icm I itn I mmi I n*Tii| »oi un I I I,o*™ HO7H U*****2 22 02 15 03 17 03 1» 03 20 03 21 03 I I VDinu TO rn 21,12 11 1) 02 03 22; I) 2* 13
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      Page 40 Advertisements Column 3
      705 40 TO E. CANADA US ATLANTIC US GULF LOADING VOY P KELANG HALIFAX N.YORK NORFOLK N.ORLEANS MOBILE TAMPICO HOUSTON HOEGH DUKE 0528 18/19 Feb 20/21 Feb 2 Apr 5 Apr 8 Apr 14 Apr 17 Apr 20 Apr 25 Apr HOEGH MIRANOA 0728 13 Mar OPT 21 Apr 24 Apr 25
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      561 41 ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BHEMBU.K SOC CMGOfS TO FROM OSAKA YOKOHAMA NAGOTA. MO*. TOKYO*. MANILA* DAYAO* Pen ant" P Kelanf Singapore E'Msia' KARABIVERETT V2IE 26/27 Feb 28 Feb/01 Mar KAMALEVERETT V2SE 16/17 Mar KARABEVERETT V22E 20/21 Apr ACCEPTMG MMMU FCI SOC CARGOES TO/FROM CMTTAGONG. CALCUTTA AND MONGLA*
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      Page 41 Advertisements Column 2
      191 41 Pi GLORY NAVIGATION GROUP to REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES 0 CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 12/2 18/2 20/2 22/2 GLORY SELATAN X 19/2 25/2 27/2 29/2 SIN KAO GLORY SELATAN VIII 16/2 22/2 SINGAPORE ASEAN
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      Page 41 Advertisements Column 3
      666 41 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VtSSEt SIN KARACHI HTOtRABAO 137-HW H/02 2«, 02 ISLAMABAD 132 HW 26/02 07/03 SARGOOHA 153 HW 14/03 23/03 MAKRAN 156-HW 15/03 25/03 mi c«u cui rars mmct to mensm FAR EAST CONTAINER SERVICE ONLY VESSEL VOY- SIN HKC BSN PsT"
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      738 41 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL/VOV ETA SIN ETA MAA MV TIGER ISLAND VI29N 17-18/02 23-27/02 MV SEA DRAGON V DWGO4I 17 18/02 23 02, 03 MV TIGER BRIDGE V3I7N 19 20/02 26 02/03 MV PRAVDINSK VI3 23-24/02 01-02/03 MV TIGER BAY V 130 24 25/02 02-06/03 MV
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      304 41 SIN FAR EAST 21/2 KEELUNG/KAOHSIUNG 19/2 BANGKOK 21/2 MANILA/CEBU 19/2 iAKARTA/BELAWAN/SURABAYA 20/2 PORT KELANG/PENANG/E. MALAYSIA 19/2 BUSAN 19/2 TOKYO/YOKO/KOBE/NGO/OSA 19/2 HONG KONG SIN CHINA 19/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 20/2 LDN/FLX/LVP/SOU 20/2 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SjN USA/CANADA 18/2 LOS ANGELES/NEW
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      665 42 FIXED W WEEKLY SAILINGS Fax :261-0978 MELBOURNEIp GP SHIPPING PTE LTD 1 Call: Kenny/Mas/Peter STAR SHIPPING AGENCIES (S) PTE LTD ME NTS FOR: ZIM CONTAINER SERVICE GOLD STAR LINE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (8 LINES) FAX: *****70 (CT MO. 103H65—00-t) N.AMERICA/CARIBBEAN SERVICES j rasa Twr s» wmki Ivor
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      414 42 Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SjL car CMT liner Express Agencies Pte Ltd Hot Line» 22-00*7-22 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD. SINGAPORE 0208 MM TEL: *****88 FAX: *****64 Ml TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI 1 Bintulu ~~l
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      435 42 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 26 FEBRUARY (Accepting lo all New Zealand porta) PENANG 17 FEB JAKARTA 19 FEB PORT KLANG 23 FEB BAN6KOK 19 FEB MANILA 19 FEB BUSAN 19 FEB KAONSIUNG 16 FEB MELBOURNE 22 FEB SYDNEY 22 FEB BRISBANE 6 MAR FREMANTLE 23 FEB
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      1081 42 CONSOLIDATION TO BUSAN d FIRST FORM ARDKK IN ASIA AW ARDED OFFERING TWICE WEEKLY ISO*.J«vlrqa LCL SERVICE TO BUSAN Call SANISA at DID: 277 1058 (@V|X for bookings NOW!!! rTFI Tel: Fax: Singapore 561 1668 272 9838 INTERHATIONAI. StA FREIGHT a i u er. FORWARDING Mk Also has offices in.-
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      1660 43 SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 OOR m y.S.N. r'-— v——< Voy Hon£ Kong Singapore MMtn2 Penang ago Orchid 13 Sailed In Port Star Ruby 5 Suited In Poet 17-18/2 18-IS/2 3— Q*tont 39
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      370 43 CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS mmmmm« m m m MMUU fMOUH nol3 17/? 21/2 M/J »/3 U/| »»M 05W 17/t nn WOUSW KWBKKK WO7 3 till 77/7 11/3 It/1 21/1 mo smurm own m WMW SWAH WM-3 1/3 t/3
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      746 43 sex 'KASUGAI4I ETA SGP 22/02/95 II II ARRIVING LOS AM6ILES 11/03/95 IN 16 DAYS II InivOL H AEX SINGAPORE EXPRESS 03E'ETA SGP 22/02/95 II II ARRIVING NEW YORK 18/03/95 IN 23 DAYS II 'in Cwwcttw CaatomU —reary $9 M HK6 IVO3/98 PjJ EXPORT INOydllt CAIirOIINIA IXWItM (tCX) TOi UtWC CANADA
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      1605 44 AMERICAN PRESIDENT LINES, LTD. 19 KEPPtI ROAD *02-01 JIT POM BUILDtSC SINCAPOftt 0208 TEI 225 9966 Fa. 221 4922 ALSO OFFERING SERVICE TO/FROM •PRC 'CIS 'VIETNAM 'EAST RUSSIA •CARIBBEAN 'LATIN AMERICA 'EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY TO NORTH AMERICA ft CANADA WEEKLY CONTAiNDUZBD SERVICE ttSttl/WTAg Ptll |HLlpa
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      2050 44 AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CD NO: **********0M/GSTIS6 NO: M 2-*****994) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 T T f MALAYSIA "K" LINE MAR(TIMI (MALAYSIA) SDN BHO U 4 TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 INDONESIA: P.T. SARANAUNITINTIRNUSA. TEL: JKT *****08 in
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      494 45 ▲HYUNDAI MERCHANT MABINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 "PHA ["PK! PCD VESSELS VOY SW RTM ANT LEH HMD BRE* Fa "15/02 17/02 IS/oT" H. CHALLENGER 314* 20/02 fi>7oF 12/03 11/03 12/03 12/03 14/03 22/02 24/02 25/02 H. PIONEER 313W 27/02 17/03 19/03 18/03 19/03 19/03 21/03 01/03 03/03
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      Page 45 Advertisements Column 2
      370 45 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE I ROftO CARRIER SPECIALIZE M HEAVY LFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS R" Ino VESSEL *0T SM PK LOAOMG FOR CHMMM TRAOa 43 SID 15/2 OMTUEU 19/2 BRIGHT VEGA 143 SU> AUCHNG 15/2 ANOHKA WM*TN* 4 20/2 24/2, TAMONG MAMS 26/2
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      630 45 JEDDAH/UK/CONTNENT Stow ID ST ON HBURt ADAM L£M Aha Accapt*| Carp Far 01/304 11/2 27/2 1/3 11/3 13/3 15/3 Southxnptor :toal UK dastratian. Mnl and Out* KM 1?/1>7 22/2 >1/1 >4/3 12/3 Rotterdam :to M faitimp. tantcrdam. (Ma. Httertu HAMKMR EXPRESS 24/317 25/2 t/3 15/3 11/3 20/3 22/3 Sauthanvtan :taal
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  • Page 45 Miscellaneous
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      302 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 2.5 2.3 1.9 1.4 1.1 0.9 0.9 1.1 1.5 2.1 2.7 3.0 2.9 2.7 2.1 1.5 1.0 06 0.4
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      226 46 I TECHNOLOGY I Tomorrow in Business Times NOTICE TO SINGAPORE CUSTOMERS Increased drayage, handling and other charges for container freight station (CFS) cargo delivered at Singapore terminals has prompted member shipping lines in the Transpacific Westbound Rate Agreement (TWRA) to raise the Agreement's Singapore CFS delivery charge. Effective March 1,
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      5 46 Tomorrow in Business Times p
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