The Business Times, 17 February 1995

Microfilm: NL19772
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    11 1 Business Times WE KNOb&tJRI MITA(P) 194/12/94 Friday February 17 1995 85«
    11 words
  • 2am LATEST
    • Article
      Lock icon Dow down 5 points
      68 1 Reuter NEW YORK Blue-chip stocks fell at midscssion yesterday as a slumping dollar kept the Dow Jones industrial average from reaching the 4,000 milestone. The Dow was off 5.38 points at 3,980.79 at I pm EST. On Wednesday, the Dow set a record closing high of
      Reuter  -  68 words
    • Article
      Lock icon World inflation at low
      37 1 AP PARIS Inflation in the leading industrialised countries in 1994 was the lowest since the Organisation for Economic Cooperation and Development started monitoring the rates in 1961, according to data released yesterday. AP
      AP  -  37 words
  • Article
    MARKET SUMMARY
    170 1 Stock market indices Thursday Change STII 2.133.07 +25.38 KLSEComp 989.99 +10.71 Nikkei 17.780.59 -210.41 Hang Seng 8.133.34 +30.20 SET Index 1.308.22 +21.79 Jakarta Comp 455.59 -0.86 Manila Comp 2.632.98 +12.3 Taipei WFI 6.646.55 +70.30 Seoul Comp 923.49 -2.6 Bombay BSE30 ..3.410.16 -74.98 CLSA China B 832.78 1.08 Ausl
    170 words
  • Article
    Goodman Fielder sells entire stake in S'pore unit for $192m
    582 1  -  Parkway Holdings is part of Indonesian-led consortium making purchase By Genevieve Cua SINGAPORE Australian food group Goodman Fielder Ltd is selling its entire 63.78 per cent stake in Singaporelisted Goodman Fielder Asia which it had once hailed as a star
    582 words
  • Article, Illustration
    Lock icon Price of big car COE plunges $20,000
    452 1  -  By Ramesh Divyanathan SINGAPORE Certificates of Ertfillement for big cars which were $95,100 four months ago plunged again in the latest round of bidding, this time by more than $20,000 to $38,888. March COE prices released yesterday by the Registry of Vehicles show
    Source: ROV;compiled by BT  -  452 words
  • Article
    S'pore firm spearheads Indian tourism projects worth $750m
    463 1  -  By Jenny Lam SINGAPORE A littleknown Singapore property and trading group. Chesterfield International, has clinched four deals worth about $750 million to build hotels and other tour-ism-related projects in Karnataka, India. Chesterfield director Shyam Ganglani told Business Times that three of the
    463 words
  • Article
    Lock icon KL polls: Front to meet on Feb 25
    129 1 Reuter KUALA LUMPUR Malaysia's ruling National Front coalition yesterday said it would hold a meeting of its Supreme Council on Feb 25 to discuss general elections, the national Bernama news agency reported. The secretary-general of the coalition. Information Minister Mohamcd Rahmat. said
    Reuter  -  129 words
  • Article, Illustration
    Lock icon Dow's record high overnight boosts regional markets
    213 1  -  By R Sivanithy SINGAPORE Regional equity markets yesterday welcomed the Dow Jones Industrial Average's recordbreaking performance on Wednesday, with prices ending higher almost across the board. In Singapore, trading volume on the main board and Clob International surged to the highest level this
    Source: Bridge Info  -  213 words
  • Article
    Lock icon Greenspan sees reasons for concern about inflation
    518 1 NYT, Bloomberg Business News HONOLULU Federal Reserve chairman Alan Greenspan issued a blunt inflation warning on Wednesday, saying that he saw "reasons for some concern" that larger price increases might be in store. Mr Greenspan's comments to a banking convention here came on
    NYT,; Bloomberg Business News  -  518 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Slower growth seen for bank loans
        319 2  -  By Shiv Taneja BANK loans and advances to non-bank customers grew year-on-year by 15.9 per cent to $90.7 billion in December, driven by sustained loans growth to professionals and private individuals, according to the latest data from the Monetary Authority of Singapore. Loans growth
        Source: MAS  -  319 words
    • Article
      Survey rates SIA tops among 46 carriers for service, food
      217 2 SINGAPORE Airlines, one of the world's most profitable carriers, has emerged tops again in surveys by Zagat Airline Survey of the United States and PATA Travel News. Zagat Survey rated the national carrier the best among 46 carriers for its
      217 words
    • Article
      Major urban planning, traffic show at WTC in Sep
      202 2 CITY Trans Asia, an urban planning, infrastructure and traffic engineering exhibition and conference, will be held at Singapore's World Trade Centre from Sep 21 to 24. Held once every two years since 1991, the event is a platform for government bodies
      202 words
    • Article
      Manufacturing likely to grow 16% in I1st qtr
      390 2  -  By Chuang Peck Ming THE manufacturing scctor is expected to grow by 16 per cent in the first three months of the year. Minister of State for Trade and Industry Goh Chee Wee said yesterday. This will be higher than the 12.3
      390 words
    • Article, Illustration
      Republic may seek WTO intervention over KL's import curbs on plastic resins
      433 2  -  Reports by Yang Razali Kassim SINGAPORE wants the fledgling World Trade Organisation to intervene if it fails to persuade Malaysia to remove import restrictions on plastic resins. Trade and Industry Minister Yeo Cheow Tong said if bilateral talks
      433 words
    • Article
      WTO summit to generate more than $10m for economy
      171 2 WELL over Sslo million will be pumped into the local economy when Singapore hosts the inaugural summit of World Trade Organisation ministers next year. The government itself is likely to spend between $8 million and $10 million on hosting the event,
      171 words
    • Article, Illustration
      Lock icon Motorola to spread green message among young
      159 2 Text and photo by Arthur Lee MOTOROLA is taking the "green" message to the young literally. The US company has spent $200,000 to convert a retired 40-seater bus into a mobile interactive environmental exhibition. And this exhibition will be going places primary schools.
      Text and photo by Arthur Lee  -  159 words
    • Article, Illustration
      Lock icon Infrastructure seen as Asia's next great investment wave
      356 2  -  By Paul Leo THE next great investment theme in Asia will be "infrastructure", proclaimed Nat west Investment Management Asia chief investment officer John Quinn. He said the Asian Development Bank has estimated that regional demand for infrastructure is a staggering US$l trillion
      Source: Natwest Investment Management  -  356 words
    • Article, Illustration
      Lock icon Keidanren sees room for tie-ups with S'pore in third countries
      440 2  -  By Juliette Walker LEADERS of Japan's Federation of Economic Organisations (Keidanren) said there was room for "triangular cooperation" by Singaporean and Japanese business in third countries in the region. On a visit here yesterday, Keidanren chairman Shoichiro Toyoda also said
      Photo by Chris Loh  -  440 words
    • Article
      Two-day conference to focus on service and profitability
      129 2 THE 1995 Asia Pacific Scrvicc Quality Conference "Delivering customer value to achieve business success" will be held at the Shangri-La Hotel on March 28 and 29. The confcrcncc, organised by the Scrvicc Quality Centre, is aimed at marrying quality service with long-term
      129 words
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      Page 2 Advertisements Column 1
      91 2 Guardian of Great Vintages Burgundy Leroy Frederic Roemer at the Regent Frederic Roemer, Sommelier of Restaurant Louis the XV at Hotel de Paris in Monte Carlo, Director of Domaine Leroy in Burgundy managed by the formidale Madame Lalou Bize-Leroy, will honour us of his presence and conduct a unique wine
      91 words
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      Page 2 Advertisements Column 2
      47 2 3lllllllllllllllllllllllllllllllllllllllllllllllllllllg E An old established Singapore Indian firm is E seeking partnership with Singapore based E 5 property developers for developing properties 5 E in Madras and Bangalore, India. E E Interested parties, please write to: E Towner P.O. Box 0325 E E Singapore 9132 E ntllllllllllllllliiiiiiiiiiiutiiiiiiiiiiiiiiiiiiimiijp
      47 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Manila backs PM Goh's call for Europe-Asia summit
      248 3 The Straits Times MANILA The Philippines supports a proposal by Singa;pore Premier Goh Chok Tong for a Europe-Asia summit, says a Singapore Foreign Affairs Ministry spokesman. Mr Goh first mooted the idea for a "dialogue at the 1 highest level" between European
      The Straits Times; Reuter  -  248 words
    • Article
      Indon timber trading group draws flak from minister
      400 3  -  From Leslie Lopez in JAKARTA THE Indonesian Wood Panel Association a powerful timber trading organisation headed by business tycoon Mohamad "Bob" Hassan has been blamed for the drop in wood exports last year. Trade Minister Satrio Joedono told a parliamentary commission the
      400 words
    • Article
      Lock icon Apec forum plans infrastructure talks
      416 3 AFP FUKUOKA, Japan The Asia-Pacific Economic Cooperation (Apec) forum has agreed to launch a special dialogue with the private sector on regional infrastructure problems, officials said yesterday. The officials said the dialogue would be held before October, identifying problems and taking stock of regional infrastructure,
      AFP  -  416 words
    • Article
      Lock icon Poor-rich void poses national threat, says Indon minister
      269 3 AFP JAKARTA A senior government minister has warned that exploitation of the poor and the growing disparity between economic classes are some of the biggest threats to national security, a newspaper report said yesterday. Minister for Defence and Security Edi Sudradjat told
      AFP  -  269 words
    • Article
      Indonesia confirms revamp of commodities regulator
      325 3  -  From Leslie Lopez in JAKARTA THE Indonesian government yesterday announced a toplevel revamp of the powerful national logistic agency Bulog and declared that the agency would no longer come under the purview of the Food Supply Ministry. Confirming a BT report last Saturday, State
      325 words
    • Article
      Lock icon Chuan pledges more foreign access to Thai market
      208 3 Reuter BANGKOK Thai Prime Minister Chuan Leekpai told foreign businessmen yesterday that a new law would give them greater access to the Thai market, and promised to cut some of the red tape around customs and immigration. Mr Chuan told a joint
      Reuter  -  208 words
    • NOTE BOOK
      • Article
        Lock icon KL may cane illegal immigrants
        85 3 AP KUALA LUMPUR The government is considering a law to whip illegal immigrants in a bid to tackle the growing problem of foreign workers sneaking into Malaysia, the home minister was reported as saying yesterday. But Megat Junid Megat Ayob said the main hitch was
        AP  -  85 words
      • Article, Illustration
        Lock icon An appetite for news
        40 3 Reuter JAKARTA A dilapidated Jakarta shop displaying satellite dishes for sale in the Indonesian capital yesterday. Satellite dishes to receive international broadcasts have become popular in the sprawling city, with prices starting at US$25O (*****) each.
        Reuter  -  40 words
      • Article
        Lock icon Malaysia CPI up 3.2% in January
        77 3 Bernama KUALA LUMPUR The Consumer Price Index (CPI) for January 1995 rose 3.2 per cent from the same month in 1994. and increased 0.2 per cent from the preceding month of December last year. The Statistics Department yesterday said the CPI for January 1994
        Bernama  -  77 words
      • Article
        Lock icon Manila urged to manage peso
        85 3 Reuter MANILA The Philippines needs a weaker peso if it wants to cap its trade deficit which has just hit a record high. "The government should analyse the deficit and give us a competitive exchange rate the earlier, the better," Benson Dakay, a successful seaweed
        Reuter  -  85 words
      • Article
        Lock icon Thai economy likely to grow 8.6%
        86 3 Knight-Ridder BANGKOK The Thai economy is expected to grow 8.6 per cent in 1995, fuelled by an 18.8 per cent jump in exports. The Bangkok Bank's research department yesterday said exports in 1995 would reach 1.310 billion baht compared to 1,103 billion baht in
        Knight-Ridder  -  86 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      29 3 SOUTH AUSTRALIA 117-127 Rundle Mall, Adelaide LANDMARK INVESTMENT For Sale by Private Treaty Asking Price 14.5 m Deluils: Tina Wong or David Alien Colliers Jardine (Singapore) Ph 223 2323
      29 words
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      Page 3 Advertisements Column 2
      120 3 I .n m rfifc mm Jiui BMIWI r*'■:'iC -v. M A', '-/.-Xirft. V.V.-& nw wuMf mm Betw««n 12 JtiNMry and 29 Fabruary fs, you can taka homa a fraa Sanyo vMao f 1 cawatta racordar (Modal VHR-320 NTA) worth |IW with awary purchaaa of a Sanyo I Jfi| U 1
      120 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon HK property market may have bottomed out: experts
      411 4 South China Morning Post HONGKONG Hongkong property sales dived to their lowest level in two years last month but property experts now say the market may have bottomed out. Government sale and purchase transaction figures released yesterday showed the number of transactions
      South China Morning Post  -  411 words
    • Article
      Lock icon Hongkong banks seek new ways to attract home buyers
      206 4 SCMP HONGKONG Eager to tap into the sluggish yet lucrative mortgage market, banks are looking for new ways to stimulate buying. Government cooling measures have cut sales of new flats, prompting banks to look for alternative lending opportunities. Bank of America
      SCMP  -  206 words
    • Article
      No clear strongman after Deng: China analyst
      379 4  -  By Schutz Lee SINGAPORE There is no clear strongman in China after Deng Xiaoping and there will be no major policy changes until one emerges, says SG Warburg's China expert Nick Moakes. "There is likely to be a long period where nothing much
      379 words
    • Article, Illustration
      Lock icon Worst Taiwan fire since 1949 claims 64 lives
      50 4 Reuter TAICHUNG, Taiwan A man guarding bodies of victims of a fire at a funeral parlour in this central Taiwanese city yesterday The fire, which killed 64 people in a restaurant on Wednesday, was the worst in the country since 1949. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Taipei delays approval for 3 securities finance houses
      151 4 Bloomberg Business News TAIPEI Taiwan will delay licensing three new securities finance companies so that regulators can clarify plans to impose new restrictions on them, a Securities and Exchange Commission (SEC) official said. An SEC panel on Wednesday approved plans to license
      Bloomberg Business News  -  151 words
    • Article
      Lock icon Corruption threatens future of communism, warns Li
      335 4 Reuter BEIJING Premier Li Peng has called for more intensity in China's battle against corruption. warning that graft threatens the Communist Party's fate and future, official newspapers said yesterday. The party-run People's Daily and other major newspapers quoted Mr Li as telling a
      Reuter  -  335 words
    • Article
      Lock icon China seeks talks on direct trade with Taiwan
      284 4 Bloomberg Business News. Reuter BEIJING China's Foreign Trade Minister Wu Yi wants to sign an agreement with Taiwan allowing direct trade ties "as soon as possible". Xinhua news agency yesterday quoted Ms Wu as saying: "Direct business, communications and transportation have become
      Bloomberg Business News.; Reuter  -  284 words
    • CHINA WATCH
      • Article
        Lock icon Insurers query China satellite launches
        125 4 Bloomberg Business News SHANGHAI Insurers are demanding an assessment of China's past problems in launching satellites as an investigation begins this week into the explosion of a US-made satellite during its launch on Jan 26, The Asian Mall Street Journal said. Insurers said the Chinese
        Bloomberg Business News  -  125 words
      • Article
        Lock icon Deng is well, says Beijing
        51 4 AFP BEIJING The Chinese government yesterday reaffirmed that paramount leader Deng Xiaoping was in good health despite a recent report saying his health was unstable because of circulatory problems. "Deng Xiaoping is in good health," said Foreign Ministry spokesman Chen Jian during a weekly news
        AFP  -  51 words
      • Article
        Lock icon Beijing clamps down on foreign bonds
        66 4 Bloomberg Business News BEIJING China has banned local governments from selling bonds overseas or inviting international credit rating companies to assess their credit standing, the Xinhua news agency reported. As well, local governments won't be permitted to run budget deficits and have no right
        Bloomberg Business News  -  66 words
      • Article
        Lock icon Most believe in work-hard-get-rich: poll
        71 4 Bloomberg Business News NEW YORK Most people in China, embrace a "work hard, get rich" ethic that they expect will help them buy televisions and washing machines, a new poll found. The Gallup Organisation's poll also found that just 4 per cent of those surveyed
        Bloomberg Business News  -  71 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      179 4 CAINS^ANDR^^T 1 WjL, II la jjSTMKSPp wtf C» *1 40 New Casino M Southgate Waterfront Development v A Central Business District /SM6- SH Arts Centre/National Gallery w Botanical Gardens 1, I usf mmutes f0 r MIT; Melbourne University aLr" K| PARK |flß|j Investors Check Lift W~, J|«»J /.okv Deposit Delayed
      179 words
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  • REST OF ASIA
    • Article
      Lock icon Kobe earthquake's economic impact on Asia easing
      439 5 AFP KUALA LUMPUR Economic aftershocks from the Jan 17 earthquake in Kobe are subsiding as Asian supply lines are being restored and fears of Japanese fund withdrawals abate. "Japanese multinational corporations are still very cashrich and equity funds have not dissipated or substantially
      AFP  -  439 words
    • Article, Illustration
      Lock icon Morning mayhem
      52 5 Reuter DHAKA Thousands of rickshaws choking one of Dhaka's main streets in morning rush hour yesterday, making it too difficult for buses and mini-taxis to find a way through. Such jams, caused by half a million rickshaws, is a common scene in the Bangladeshi capital of seven million
      Reuter  -  52 words
    • Article
      Lock icon US may back private mediator in N Korea nuke deal: report
      315 5 AFP, KnightRidder TOKYO Washington is considering backing a private US firm as a mediator in providing South Korean-made light-water nuclear reactors to Pyongyang under a nuclear disarmament deal, a press report said yesterday. The Nihon Keizai. quoting US government
      AFP,; Knight- Ridder  -  315 words
    • Article
      Lock icon UK says India still has excessive tariffs, rules
      272 5 Bloomberg Business News NEW DELHI British trade and industry secretary Michael Heseltine on Wednesday said India still had excessive regulations and tariffs on some industries even after its "courageous" economic reforms. At the start of a two-day visit here, which British and
      Bloomberg Business News  -  272 words
    • ASIA NOTES
      • Article
        Lock icon Reserve Bank rules out rupee devaluation
        84 5 Knight-Ridder BOMBAY The Reserve Bank of India's governor C Rangarajan has ruled out any move by the central bank to devalue the rupee, the Financial Express newspaper said yesterday. There have been rumours that the Reserve Bank will initiate a depreciation of the rupee
        Knight-Ridder  -  84 words
      • Article
        Lock icon Indian stock investment rules to stay
        53 5 Knight-Ridder BOMBAY India won't change its regulations on foreign institutions' portfolio investments in local equities, the Economic limes newspaper quoted the country's finance secretary as saying on Wednesday. Montek Singh Ahluwalia's comments to businessmen in New Delhi suggested that India will continue to encourage
        Knight-Ridder  -  53 words
      • Article
        Lock icon Australia likely to maintain rates
        54 5 Bloomberg Business News SYDNEY Australian Treasurer Ralph Willis yesterday signalled that further interest rate rises are on hold until the effects of last year's three rises are clear, the Sydney Morning Herald reported yesterday. He also signalled a belief that last year's increases slowed the
        Bloomberg Business News  -  54 words
      • Article
        Lock icon NZ jobless rate falls to 7.5%
        56 5 AFP WELLINGTON Unemployment in New Zealand has fallen to 7.5 per cent and is now at its lowest level since mid-1990, according to the latest household labour force survey. Statistics New Zealand said yesterday. The seasonally-adjusted figure for the December quarter compares with 9.2
        AFP  -  56 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      192 5 We encountered a few obstacles on the road to success. full-width beams provide side-impact protection. More than just a few obstacles, in fact. It is no surprise then, that the Accord is the first Because we conducted hundreds of real-time Japanese car to crash tests on the new Accord to
      192 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Tenacious Chuan proving the pundits wrong
      1201 6  -  Future of Democrats in Thailand From Chatchai Yenbamroong The writer is the editor of Business Day. Bangkok WHEN Thailand's coalition government under Prime Minister Chuan Leekpai took office in September 1992, no political pundit expected it to last for very long, let alone to
      1,201 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      199 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PHONOGRAM PRIVATE UNITED (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50. the Final Meeting of the members of the abovenamed Company
      199 words
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      Page 6 Advertisements Column 2
      129 6 Tiff MATTER OF TNI COMPAMES ACT, CAP. M AM THE MATTER OF IAUrVWEOrTEITI (hi Hifllm* VfhurtiQi UfiMttlii) NOTICE S HEREBY GIVEN punuM to SacHon 308(2) of ft Companies Ad. Cap. 50 thai ft Final Meeting of ft Members of ft abovemmed Compiny «tt be haU on Mondqt 2W> March 1995
      129 words
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      Page 6 Advertisements Column 3
      521 6 BUSINESS TIMES NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF SRCC LIMITED (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 10 Changi Coast Walk. Singapore 1749 on
      521 words
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      Page 6 Advertisements Column 4
      337 6 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 SINTRAPACK PTE LTD MEMBERS VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of me Company held at 456 Alexandra Road #14 00 NOL Building Singapore 0511 on 9 February 1995 the following resolutions were duly passed 1. SPECIAL RESOLUTION WINDING-UP That the
      337 words
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      Page 6 Advertisements Column 5
      226 6 To all customers of DuPont Engineering Polymers Notice is hereby given that with immediate effect. Northland(S) Pie Ltd will no longer be an authorized distributor for DuPont's range of engineering plastics. The products are: Delrin* Zytel* Minion* Hytrel* Rynite 8 Crastin* Zenite* For continued supply of the above products, please
      226 words
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      Page 6 Advertisements Column 6
      158 6 OFFICIAL NOTICEj I. Chong Kok Keong of Pac Ocean Shipping Trading Pte Ltd, hereby give notice that in consequence of change of management. I have applied to the Registrar of Singapore Ships, under section 386 of the Merchant Shipping Act (Chapter 179) in respect of the ship T.Q. Super of
      158 words
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  • THE WORLD
    • Article
      Yeltsin offers no pointers to resolving woes in key address
      417 7  -  From John Helmer in MOSCOW PRESIDENT Boris Yeltsin, is his annual report to parliament yesterday, offered the legislators more antidote than bane for Russia's pervasive problems. The president tried to strike an accommodating tone towards his critics. At the same
      417 words
    • Article, Illustration
      Lock icon Gingrich promises budget that will end federal deficit by 2002
      412 7 AP WASHINGTON The Republican majority in the United States House of Representatives will produce a budget this spring that will eliminate the federal deficit by 2002. Speaker Newt Gingrich on Wednesday promised that his party would impose spending limits on
      AP  -  412 words
    • Article
      Lock icon US to go slow in banana clash with Europe
      313 7 Reuter BRUSSELS The United States has decided to hold fire for the moment in its campaign to quash the European Union's banana import regime, the US ambassador to the EU said yesterday. "We are not going to immediately publish a list
      Reuter  -  313 words
    • Article
      Lock icon United Nations means big business for US firms
      345 7 Bloomberg Business News NEW YORK If they navigate the red tape properly, American companies could get in on more of the United Nation's lucrative annual purchasing business, valued at US$3.5 billion (Sss billion) and growing, said the authors of a new guidebook
      Bloomberg Business News  -  345 words
    • WORLD WATCH
      • Article
        Lock icon Bonn wants Nato treaty with Moscow
        83 7 Reuter BONN German Defence Minister Volker Ruche yesterday suggested that Nato negotiate a treaty with Russia to ensure more intensive consultation on European security issues. Mr Ruehe told a meeting of parliament's defence committee that the Westem alliance was already working on this with
        Reuter  -  83 words
      • Article
        Lock icon SEC opposes House Bill on securities
        72 7 Bloomberg Business News WASHINGTON The Securities and Exchange Commission (SEC) yesterday said it would oppose a Republican-backed bill to make it more difficult for shareholders to sue corporations or securities firms. Less than 24 hours after a House Commerce subcommittee approved the measure, a
        Bloomberg Business News  -  72 words
      • Article
        Lock icon Peru: ceasefire is holding
        75 7 Reuter LIMA, Peru President Alberto Fujimori Said on Wednesday that a day-old ceasefire was holding in a disputed border zone in the Amazon jungle where iicudorcan and Peruvian forces had clashed for 20 days. "In global terms, the ceasefire is being respected," Mr Fujimori told America
        Reuter  -  75 words
    • Article
      Lock icon European Court says no to tax discrimination against non-nationals
      391 8 FT BRUSSELS The European Court has ruled that the tax laws of European Union member states must no longer discriminate against non-nationals who live in one member state and commute to work in another. The court rejected submissions from six member
      FT  -  391 words
    • Article
      Lock icon Dollar tumbles on renewed fears over Mexico's finances
      453 8 Bloomberg Business News, AP NEW YORK The US dollar plunged yesterday to a three-month low' against the Deutschcmark and yen amid renewed concern about Mexico's financial woes. Worries about Mexico grew after Grupo Sidck SA defaulted on USSI9.S million (SS2B million) in
      Bloomberg Business News,; AP  -  453 words
    • Article
      Lock icon German bankers urged to stop chairing supervisory boards
      284 8 NYT FRANKFURT German bankers should stop taking on chairmanships of company supervisory boards, a director of the country's biggest bank said on Wednesday, deepening the controversial debate about such boards' effectiveness. In an unusually outspoken comment on the role of banks in
      NYT  -  284 words
    • Article, Illustration
      Lock icon No ticket to ride
      47 8 Reuter SARAJEVO A mother hitch-hiking with her baby on Wednesday near a derelict building on one of Sarajevo's intersections facing front lines besieged by Bosnian Serb forces. Tram services stopped w hen a civilian was injured by a sniper bullet on Tuesday. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Germany urges EU partners to cap government deficits and debts
      233 8 AFP BONN Germany urged its European Union partners on Wednesday to limit their government deficits and their debt to meet the economic convergence criteria laid down in the EU's Maastricht Treaty. The Finance Ministry said in a report submitted to
      AFP  -  233 words
    • Article
      Lock icon Britain should take on role of US conduit to Europe: chancellor
      284 8 Reuter LONDON Britain should act as a "Trojan horse" for the United States in Europe, promoting deregulation and "free" economies, says British Chancellor of the Exchequer Kenneth Clarke. Speaking on Wednesday to a group known as The Pilgrims, which
      Reuter  -  284 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      104 7 Analysis: A risky odd-numbered year, Pg 15 A r^i HHafl Flying is a very personal experience. Some Mce to sleep the time away. Others Mm the JL. 11 InA■ Hm r# MM J time to rry away wnMQ waicnifig vnotf laiesc ravounto minw. Our SAS Eurodaas personal video player makes
      104 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      57 8 r i Wardley Limited (Incorporated in Hong Kong) wishes to announce that it has changed its name to HSBC Investment Bank Asia Limited Head Office 7th Floor, Hutchison House, 10 Harcourt Road, Hong Kong Tel: 852-2521 3166 Fax: 852-2868 0065 Singapore Branch 21 Collyer Quay #21-00, Hongkongßank Building, Singapore 0104
      57 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      The route to exponential sales
      819 9  -  US marketing guru Jay Abraham gives Michelle Low an insight into why he is able to charge between US$3,OOO and U5525,000 for his advice Michelle Low FOR someone who has no formal education and professes to be an applica-tions-based person. Jay Abraham sure knows his
      819 words
    • Article
      Lock icon German engineering group launches ad blitz
      388 9 Reuter Germany's Metaiigesellschaft AG engineering group, which was rescued from the brink of bankruptcy last year, placed full-page advertisements in major German newspapers on Wednesday to try to polish up its tarnished image. The company, which ran up billions of marks of losses in
      Reuter  -  388 words
    • Article, Illustration
      Lock icon Indian household name Bachchan becomes brand name
      561 9 AFP MOVIE superstar Amitabh Bachchan has become India's first human brand. The man known as "The Big B" has just tloated Amitabh Bachchan Corp Ltd in the first attempt in this country to cash in on the brand value of a public personality.
      AFP  -  561 words
    • COPY LINES
      • Article
        Euro RSCG Ball bags Viet account
        77 9 SINGAPORE agency Euro RSCG Ball has won the Vietnam Airlines worldwide account. It is expected to reap USS2.S million (553.5 million) in billings for the agency this year. The airline is pushing aggressively to become "one of the leading regional carriers by the end
        77 words
      • Article
        FJ Benjamin is top Guess distributor
        76 9 PAN PACIFIC Designs Inc. a licensee of Guess athletic footwear, has picked its Singapore distributor FJ Benjamin as the international distributor of the year. F J Benjamin distributes Guess shoes here and in Malaysia. Taiwan, Hongkong and Indonesia. Guess has 14 other distributors for
        76 words
      • Article
        Lock icon Hear, hear about billboard blitz
        82 9 NYT THE Outdoor Advertising Association of America and the American Council of Highway Advertisers is donating almost 1.000 billboards to a public service campaign promoting the early detection of hearing loss. The billboards represent more than USSI million (551.45 million) in ad space and productions
        NYT  -  82 words
      • Article
        Lock icon US appliance giant to change agency
        63 9 NYT US HOME appliance giant Whirlpool Corp has placed its domestic Whirlpool appliance brand account in review, after 22 years at D'Arcy Masius Benton Bowles in Bloomfield Hills. Michigan. Billings were estimated at USS3O million (5543.5 million) to USS3S million. DMB&B will be included.
        NYT  -  63 words
    • Article, Illustration
      Lock icon Round 2: you owe us US$40m
      401 10 Saatchi Saatchi plans to drag its former boss to the courts again while the latter has dealt another blow to the agency's precious accounts UPI BRITISH advertising agency Saatchi Saatchi said on Wednesday it is suing the Saatchi brothers Maurice and Charles for up
      UPI  -  401 words
    • Article
      Lock icon Prince of print: To Mirror, Maurice is fairest of all
      441 10 Reuter Maurice Saatchi dealt his old advertising company, Saatchi Saatchi, a painful double blow on Wednesday by scooping two of its prestigious clients just two days after scoring a comprehensive victory over it in court. "The New Saatchi Agency" will
      Reuter  -  441 words
    • Article
      DNC, Eureka go regional, in search of minority stakes
      301 10  -  But the companies are not merging, reports Michelle Low Michelle Low Advertising agencies DNC and Eureka are going regional in quite an unusual way. For one thing, the two companies are doing it together. For another, they want only minority stakes
      301 words
    • Article
      Lock icon Texas court dismisses lawsuit against Coke
      211 10 Bloomberg Business News A TEXAS state court dismissed a US$5OO million (***** million) lawsuit by Dr Pepper/Seven-Up Cos against Coca-Cola Co orer the distribution of Sprite brand soft drink. The three-year-old legal buttle was similar to a federal case dismissed in December. In both
      Bloomberg Business News  -  211 words
    • Article
      Lock icon PaineWebber lowers rating for True North
      202 10 Bloomberg Business News TRUE North Communications Inc, formerly known as Foote Cone Bel ding Communications, was lowered to "attractive" from "buy" at PaineWebber Inc by analyst Alan Gottesman. Mr Gottesman cut the rating because of the advertising agency's feud with its European partner, Publicis.
      Bloomberg Business News  -  202 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      180 9 11 A pile of reasons to S 11 attend our auction. B jgij SUNDAY AUCTION jraSj Ot Carpet experts Edmund and Shukor have brought back from their recent journeys a wonderful selection of tribal, village, and city carpets to be auctioned off this Sunday. tg|jQt J* AH lots are hand-picked
      180 words
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      Page 9 Advertisements Column 2
      162 9 Coopers 1995 Budget Seminar &Lybrand MONDAY 6 MARCH 1995 PACIFIC BALLROOM 3. PAN PACIFIC HOTEL 4.00 PM TO 6.30 PM s Ik j<m xf !lipwin i f The Finance Minister will be unveiling the 1995 Singapore Budget on Wednesday, 1 March 1995. Our Budget Team will be analysing the contents
      162 words
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      Page 9 Advertisements Column 3
      215 9 UNIVERSITY or HULL THE PINNACLE QUALIFICATION in marketing- ■■■HIHHmjMNMHiHHB The specialist course for executives in marketing management by Tbe Un iversity of Hull in association with the Chartered Institute of Marketing, UK. 10TH INTAKE IN SINGAPORE •Highly focused Strategic Marketing UK university Masters programme. Established internationally as a part-time distance
      215 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      476 10 _j 1 BUSINESS TIMES LIFESTYLE CJ EXCLUSIVE (pkperience j I I v., A i ik XF tradition Audemars Piquet Museuml^l^fe La Vallee de Joux in the Swiss Jura, some 50 km north of Top Prize: A fascinating SD/4N trip to Switzerland for two by Geneva, is the cradle of the
      476 words
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  • SPORTS
    • Article, Illustration
      Lock icon Presidents swing, the crowds wince
      807 11 Golf NYT INDIAN WELLS, California On the brilliant emerald fairways of the Indian Wells Country Club, "How does the president lie?" was a perfectly friendly question on Wednesday. The answer, after Bill Clinton's first drive, was "far right and in a sand trap". Gerald Ford
      NYT; AFP  -  807 words
    • Article, Illustration
      Lock icon Norman, not Faldo, is dominant player of the age
      942 11  -  Derek Lawrenson tells why it is impossible to dislike Greg Norman as a person. He always retains his dignity Derek Lawrenson FT LONDON In 1986 Greg Norman led going into the final round of all four major championships. He was 31
      FT  -  942 words
    • Article, Illustration
      Lock icon English officials fight to keep European Championships
      600 11 AF LONDON English soccer officials yesterday pleaded to keep next year's European Championships in England, saying cancellation would be a victory for hooligans who disrupted a match in Dublin the night before. "We are fully capable, given the right policing and all the
      AF; Reuter  -  600 words
    • SCORE CARD
      • Article, Illustration
        Basketball
        38 11 NEW VORk NBA on Wednesday: Cleveland 100 Orlando 99 (OT): Indiana 114 Detroit 88: Philadelphia 97 Minnesota 101: Chicago 107 Washington 92; Phoenix 120 Portland 113 (OT); Golden State 115 Boston 116: LA Lakers 102 Seattle 96.
        38 words
      • Article, Illustration
        Golf
        93 11 MELBOURNE Australian Masters 1st rd yesterday (Australian unless stated): 68 Ian Garbutt (GB). Peter Teravainen (US) 69 Peter Senior. Robert Allcnby. Tom Watson (US) 70 Darren Cole. Craig Spence. Russell Swanson 71 Doug Dunakey (US). Robert Earley. Scott Laycock. Steven Conran. Zoran Zorkic (US). John Daly (US). Peter O'Malley.
        93 words
      • Article, Illustration
        Rugby
        50 11 HONGKONG Draw for the Hongkong imitation meat (March 25-26) Pool A: NZ. US. Taiwan. B: South Africa. Argentine. Sri Lanka. C: France. Tonga. HK. D: Western Samoa. South Korea. Singapore. E: Fiji. Japan. Thailand. E: Ireland. Namibia. Portugal. G: England. Canada. Papua New Guinea. H: Australia. Ivory Coast. Malaysia.
        50 words
      • Article, Illustration
        Tennis
        186 11 MEMPHIS, Tennessee LSS808.000 Si Jude International tournament 2nd rd on Wednesday: Greg Ruscdski (Can) b Patrick McEnroe (US) 7-6 (7/4) 7-6 (7/4): Lars Kchmann (Ger) b Jacco Eltingh (Ncth) 7-6 (7/2) 4-6 6-2: Marcelo Filippini (Uru) b Marcclo Rios (Chile) 6-4 6-1: Thomas Enqvist (Swe) b Anders Jarryd (Swe)
        186 words
      • Article, Illustration
        Yachting
        124 11 SAN DIEGO America's Cup trials 3rd rd on Wednesday (each victory worth four points) Louis Vuitton Cup Challenger series: Sydney 95 (Syd Fischer) b France 3 (Marc Pajot) by 38 sec: Team New Zealand (Peter Blake) b Nippon (Makato Namba) by one min 34 sec: Tag lleuer Challenge (Chris
        124 words
    • Article
      Lock icon Women's tennis rejects sponsorship from Tampax maker
      588 11 NYT NEW YORK Women's professional tennis, which has been without a sponsor for the past year after prematurely ending its contractual relationship with the Philip Morris Corp. has officially turned down an offer from Tarnbrands, the manufacturer of Tampax tampons, to become the
      NYT  -  588 words
    • SIDE LINES
      • Article
        Lock icon Aussie cricketers fear reprisals
        100 11 AFP SYDNEY Australian cricketers feared physical reprisal from Indian bookmakers if they revealed they had been offered bribes before last year's test series in Pakistan, a paper reported here yesterday. The Sydney Morning Herald, in a back page spread, said intimidation and an underlying threat of
        AFP  -  100 words
      • Article
        Lock icon Graf makes brisk return after lay-off
        85 11 AFP PARIS Former world number-one Steffi Graf made a brisk winning return to tennis after her three-month injury lay-ofT at the Paris Indoor Open on Wednesday but the player she is scheduled to meet in next Sunday's final was accused of gamesmanship. Second seed
        AFP  -  85 words
      • Article
        Lock icon Unset by Sydney 95 forces rethink
        105 11 AFP SAN DIEGO Sydney 95 caused observers to rethink their America's Cup projections on Wednesday. Sailing with its third helmsman in as many rounds, the "other" Australian team opened the third round-robin of the Louis Vuitton Cup challenger trials with a 38-second victory that
        AFP  -  105 words
      • Article, Illustration
        Lock icon Nippon loses to Team New Zealand
        41 11 Reuter SAN DIEGO Nippon dropping its spinnaker into the water as it neared the leeward mark on Wednesday. Nippon lost the America's Cup challenger race against Team Sew Zealand by one minute 34 sees. Reutcr
        Reuter  -  41 words
      • Article
        Lock icon Fijians encouraged by draw
        115 11 Reuter HONGKONG Seven-times champions Fiji, already favourites to win this year's Hongkong Sevens tournament, were given further encouragement by the draw on Wednesday. The Fijians. the only traditional sevens specialists not involved in this year's 15-a-side World Cup in South Africa, were handed an easy route
        Reuter  -  115 words
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      Page 12 Advertisements Column 1
      993 12 NotfllillgßeatsAßud. BirVifl where to wine, dine and entertain OF I KB S BB BP]TT*7f77TTI» Uniml'if'iiLf Homteookid tig 10 Varieties of Pasta j 20 different sauces a s>^jH| And all-time Italian favourites A I jgj antipasti, pizza and puccia. j*T^ L PASTA FRESCA DA SALVATOA£ PTE LTD m I •30 Boat
      993 words
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      Page 12 Advertisements Column 2
      269 12 Celebrating fish Let s drink to fish. Bouillabaisse or Tom Yam? Top of the M celebrates fish with a lunch buffet of everg imaginable fish recipe. Salmon, sole. snapper, sea bass... If It can be caught. It can be ofijn cooked. And we know all the delicious wags. fT} Continental
      269 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Big bucks at the box-office
      662 13  -  67th Annual Academy Award Oscar contenders are expected to rake in more millions following nomination day. Dave McNary reports Dave McNary UPI THE movie Forrest Gump should significantly boost its US$3OO million (SS43B million) domestic box office total when it is re-released this week into
      UPI; Reuter  -  662 words
    • Article, Illustration
      Lock icon Pope's legacy in verse
      282 13 CHATTERBOX AP AP AP POPE JOHN PAUL II is again heading for the book shelves. This time the book bearing the pontiffs name is a volume of poems written between 1939 and shortly before his selection as pope in 1978. Complete Poetic Works, which was presented
      AP  -  282 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      278 13 WHERE TO WINE, DINE AND ENTERTAIN (EatrnfytU <Steafe 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 I KARAOKE: It's Performance Time
      278 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      522 13 WEATHER Singapore: Showers over several areas from rmd-aftemoon till early evening.Temperature (24-32*) Aste-PacMc Mi/La' Cot*. Europe W/la* Cm*. Buenos A««s 26 17 Ooudy Auctdand 22/16 Cloudy Amsterdam 06/03 Cloudy Ocago 02-7 Ooudy BangK* 35/25 Cloudy Athens 17/09 Cloudy Hondulo 27 18 Snowed Beyng 06/-2 Sumy Bertn 04/-1 Cloudy Houstor 17
      522 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      650 13 TV RADIO Three-time champions Chicago I Bulls take on the \ouiig lurks T &TEW/jSp* Scottie Pippen of the Bulls sur-grccn-CNcd Chinese |{(j He wrote the music too. IfL drug* enforcement agent who *Hlgs up drug-ridden siibur- M v -^R^S Screw face (Basil Wallace) in Kurt Russell, Kim Cattrall and Donald
      650 words
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  • Article
    Sri Lanka's family squabbles
    423 14 SRI LANKA's old-guard socialists have succeeded partly in thwarting an ambitious privatisation programme, barely weeks after president Chandrika Kumaratunga vowed to end state control over a host of sectors aviation, transport, insurance and powergeneration. Last week, in a dramatic about-face, the government toned down an ambitious
    423 words
  • WHAT THE OTHERS SAY
    • Article
      Turning the tables
      294 14 SOME PEOPLE are having such a good time that they have no time to take warnings seriously. Almost three years ago, the Housing Board came out clearly against those under-declaring prices in its resale market. Evidently, the warning fell on deaf ears. Greedy sellers, not satisfied with
      294 words
    • Article
      Towards better public transport
      193 14 IN ABOUT three years, residents in Bukit Panjang and Buona Vista will be able to enjoy even better transport facilities in their areas when the Light Rail Transit (LRT) systems are ready. Singapore is in fact one of a number of Asian cities which plan to
      193 words
    • Article
      With an eye to re-election
      166 14 THE DISASTROUS DEFEAT the Democrats suffered at the hands of the Republicans in the mid-term Congress elections last November apparently has an impact on the economic policy of the Clinton administration. It has apparently forced the Clinton administration to switch from a long-term policy of
      166 words
    • Article
      Catching up with the future
      144 14 THE Education Ministry is reportedly considering making computer studies a compulsory subject in view of the low computer literacy among schoolchildren. While it might be possible to equip all schools with a computer through the injection of more funds, the success of the programme will
      144 words
    • Article
      Teething immigration problems
      136 14 WHEN Hongkong people think of emigrating, New Zealand is not the first destination that springs to mind. These days, Canada and Australia are the destinations of choice partly because would-be emigrants have relatives in those countries and partly because both countries have a history of large-scale migration
      136 words
    • Article
      Fight soccer hooliganism
      128 14 WE DO NOT doubt that the State Minister for Youth Affairs and Sports, Hayono lsman, meant well when he urged that soccer hooligans be punished with severe penalties even by using the anti-subversion law if necessary. And given the growing brutality of those hooligans, perhaps there are
      128 words
  • Article, Illustration
    The next big trade issue: cross-border investments
    977 14  -  More important than the 'social clause' are global rules on international investment an area in which Asia must exercise its growing clout, says Shada Islam Shada Islam The writer is a Brussels-based journalist who contributes to BT European union (EU) Trade Commissioner Leon
    977 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      71 14 v hr i PROPERTY EXHIBITION Readers refer to the Classified for many reasons. Some for specific needs and some simply for useful market information. Classification 496 (PropertyExhibitions) in the Classified is the place where readers look for choice properties and investment opportunities. So, if you have any property exhibition, advertise
      71 words
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      Page 14 Advertisements Column 2
      287 14 MFSline In English Number Your Daily Stars 8450 The Aquarius Woman Entertainment News 8451 New: The Latest In Music Scene Ghost Stories 8452 Aspects Of Love; Win Prizes! Children's Funland 8453 Children's Song Face Facts 8454 Parental Region Dreamland 8455 Symptoms Of Stress; Fandi Ahmad A Football Dreams Chinese Almanac
      287 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      60 14 NICE. ,TW.... *rr OP p ROFRmry.... GXPOTLV/ R\C>HT HCJTE.... era, iw mi Ml W7 POONESBURY GARRY TRUDEAU XXJ6OT f 7HINKOF (TAS) 35 SIR, THATS tN- 7 BB^WS3Sy»SSSf I XXJ6O/M6 I HAVB.ISIW' *™JX*L SeBQMON£/. SAN&! HOWCAN Tyvf £VCT WoSSSuS H TOPO7H& n l6QrT,AH>n$ l HON&.W&V& WGPO9SIBVf |/*f /)95ttSH57W7 J FZASIBIUTY I
      60 words
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  • ANALYSIS
    • Article, Illustration
      Media turf battle Down Under hots up
      1706 15  -  Fairfax has been the 'flavour of the week' for Kerry Packer. Picking up more of the lucrative newspaper group's shares on Wednesday, the Australian media magnate has taken his shareholding to over 11% and is challenging cross-media ownership laws. Peter Lynch reports Peter
      1,706 words
    • Article
      A risky odd-numbered year
      1184 15  -  As Boris Yeltsin's popularity dives, John Helmer asks Moscow politicians what kind of power struggle scenarios they foresee for the rest of 1995 John Helmer The writer is BT's Moscow Correspondent IN THE short new history of independent Russia, this is the time of year when
      1,184 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      305 15 B U S I N E S S TIM E S TOLL-FREE TEL. NO. 1-800-741-1883- FAX: 741-1298 El Jk Jk I e are the research arm of Daiwa Securities Ltd. In line with our E9 HI yy expansion programme, we are looking for dynamic individuals El n to join us
      305 words
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  • Article
    Lock icon US housing starts plunge 9.8% in largest drop in a year
    438 16 Bloomberg Business News, Reuter WASHINGTON Starts of new housing construction plummeted 9.8 per cent in January the largest drop in a year and first-time unemployment claims increased last week, government figures showed yesterday. These further signs that the economy
    Bloomberg Business News,; Reuter  -  438 words
  • Article
    Lock icon Bell Atlantic's video network deal with AT&T hits sour note
    339 16 NYT, Bloomberg Business News WASHINGTON One of AT&T Corp's sweetest victories last year a multi-billion-dollar agreement with Bell Atlantic Corp to build an interactive video network that would reach eight million homes has gone sour. Bell Atlantic yesterday said it
    NYT,; Bloomberg Business News  -  339 words
  • Article, Illustration
    Lock icon Zaire refugee wants to go to China
    69 16 AFP BLKAVU, Zaire Zhou Jie Ndagijimana (centre), a Chinese woman who is a refugee in a Rwandan camp in Bukavu, Zaire, holding her sick son at a hospital in the camp. She told a medical team during the visit on Monday of UN
    AFP  -  69 words
  • Article
    Lock icon Case of the disappearing Saatchis?
    211 16 Reuter LONDON Charles Saatchi, the creative genius behind advertising group Saatchi Saatchi, yesterday said he was quitting and suing the company for making his job as president intolerable. "He feels his position to be intolerable. He is suing," Mr Saatchi's spokesman said. The famous advertising
    Reuter  -  211 words
  • Article
    Lock icon China says US copyright demands unrealistic
    425 16 UPI, Bloomberg Business News BEIJING A foreign ministry spokesman yesterday accused US negotiators of clinging to unrcalistically high demands for intellectual property protection and flatly ruled out total Chinese compliance to avert a trade war. While the two sides locked horns for the second
    UPI,; Bloomberg Business News  -  425 words
  • Article
    Lock icon Foreign firms in China told to take grievances to court
    419 16 Reuter BEIJING Foreign companies worried about their products being bootlegged in China should take their complaints to court rather than seek a political solution. The Economic Daily yesterday quoted Su Chi, chief judge at the 19-month-old Beijing Intellectual Property Court,
    Reuter  -  419 words
  • Article, Illustration
    Washington must be patient with Beijing on copyright
    797 16  -  The Bottom Line VIKRAM KHANNA VIKRAM KHANNA The writer is BT's regional economics editor READING about the dispute between the United States and China over intellectual property rights violations which the US wants China to stamp out post-haste reminded me of a
    797 words
  • Article
    Lock icon Hewlett-Packard shares soar 8% on news of good 1st-qtr results
    261 16 Bloomberg Business News PALO ALTO, California Hewlett-Packard shares rose as much as 8.4 per cent yesterday after the No 2 US computer maker said fiscal first-quarter net income had surpassed analysts' estimates for the fifth consecutive quarter. The 57-year-old electronics
    Bloomberg Business News  -  261 words
  • Article
    Lock icon China launches 50 rural economic zones
    200 16 Bloomberg Business News BEIJING China has launched 50 rural economic zones to promote rural industries and close a widening income gap between its cities and countryside, the official China Daily reported yesterday. The "township enterprise demonstration districts" would be given funds to build infrastructure
    Bloomberg Business News  -  200 words
  • Article
    Lock icon Kim Jong II fails to turn up for his own birthday bash
    263 16 Reuter TOKYO North Korea's official media said a double rainbow rose over the country's most revered peak and flower baskets poured in from around the world to mark the 53rd birthday of shadowy leader Kim Jong II yesterday.
    Reuter  -  263 words
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  • COMPANIES & MARKETS
    • Article
      Impact of China's capital gains tax on S'pore listed firms unclear
      556 17  -  By Teh Hooi Ling, Schutz Lee SINGAPORE Most listed companies here with property investments in China including those involved in Singapore's biggest investment in China, the Singapore-Suzhou Industrial Park will be affected by the capital gains tax which came
      556 words
    • Article, Illustration
      Liang Court and subsidiary take stake in second London residential project
      337 17  -  By Abdul Hadhi SINGAPORE Property development and management company Liang Court Holdings, in another foray into the London property market, has taken a 65 per cent stake in a £50.6 million (SSIIS million) residential project called Westfield. Liang Court
      337 words
    • Article
      Volatility control mechanism has no place here
      871 17  -  HOCK LOCK SIEW By R Sivanithy SINGAPORE The sharp increase in volatility seen recently in the local stock market raises the question of whether the authorities should introduce some intervention mechanisms. For instance, the Straits Times Industrials Index collapsed by a nail-biting 111
      871 words
    • Article
      Keppel, Mitsui cement ties further with joint brand
      261 17  -  By Rahita Elias SINGAPORE Keppel Corp has boosted further its ties with Mitsui Engineering and Shipbuilding of Japan, with a venture that has created the brand, Keppcl-Mitsui. Through an existing joint venture company, Keppel Mitsui Engineering (KME), the two groups would cooperate
      261 words
    • Article
      Maybank gets same credit rating as M'sian govt
      172 17 SINGAPORE Malayan Banking has been given an A/Al by credit rating agency Standard Poor's, placing the premier Malaysian banking group on par with its government in terms of credit risk. The rating coincides neatly with the bank's plan to raise a debt
      172 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        47 17 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Cher night events may alter sentiment. Brokers polled: Alliance, Baring. Daiwa. h'raser. GK Goh. Kay llian. Morgan Grcnfcll. OngCo. Somura. Phillip. Smith Sew Court. \V! Carr and SG Warburg.
        47 words
      • Article, Illustration
        HOT STOCK
        120 17  -  By Paul Leo SINGAPORE Technologies Industrial Corporation is a long-term buy at $1.72. While the climb will be slow, the downside is limited. The weekly Moving Average Convcr-gcncc-Divcrgcncc Indicator, which has been drifting in the bullish region sincc the second quarter of last year, shows that the rise
        120 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          JC-MPH sets exercise price
          77 18 SINGAPORE Jack Chia-MPH said yesterday the exercise price for its warrants would be $1.15. It said the price was based on a 9 per cent discount to the weighted average price of the shares traded on the local bourse. In the proposed cash call, JC-MPH will
          77 words
        • Article
          Cosco ups Harington's paid-up capital
          34 18 SINGAPORE Cosco Investment has increased the paid-up capital of wholly owned Harington Property from $2 to $2 million. Cosco wants to further increase the capital to $5 million soon.
          34 words
        • Article
          Green light for First Engineering
          36 18 SINGAPORE China's Ministry of Foreign Trade and Economic Cooperation has given approval to First Engineering to take a 30 per cent stake in Guangzhou Sanxing Precision Moulds and Plastics Engineering Co.
          36 words
        • Article
          SAE's new director
          22 18 SINGAPORE Singapore Automotive Engineering has appointed Lionel Lee Kim Hock to its board. He will be a non-executive director.
          22 words
        • Article
          Bonvests director resigns
          22 18 SINGAPORE Bonvests Holdings said yesterday that Lee Cheh Hiang has resigned as managing director of subsidiary firm Coop International.
          22 words
        • Article
          Lock icon CCM to acquire Warner Lambert
          40 18 Bernama KUALA LUMPUR Chemical Company of Malaysia has entered into a conditional sale and purchase agreement with Renrall's to acquire its Malaysian manufacturing entity Warner Lambert (Mfg) Sdn Bhd for M 513.7 million (557.39 million)
          Bernama  -  40 words
        • Article
          Lock icon Thai Airways 1st qtr profit falls
          70 18 Bloomberg Business News BANGKOK Thai Airways International said its profit for the first quarter ended Dec 31 fell 14.5 per cent to 932 million baht (5554.06 million). On a per share basis, the airline earned 0.67 baht, compared with 0.78 baht in the same
          Bloomberg Business News  -  70 words
        • Article
          Lock icon Dhana Siam's 4th qtr down 42%
          46 18 Bloomberg Business News BANGKOK Dhana Siam Finance Securities, the investment bank and brokerage unit of Siam Commercial Bank, says net profit in the quarter ended Dec 31 fell 42 per cent to 405 million baht (5523.49 million). Bloomberg Business News
          Bloomberg Business News  -  46 words
      • Article
        Untitled
        551 18 prim (S) Feb 17 US Gr Fund 100 1 04" Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.61 1.70 Unifund 1.36 1.42 The Savings Fund 1.54 1.63 Umbond 1.015 1.045 S pore Prog Fund 0.58 0.62 United Gr Fund! 1.58 1.64 yporc See Fund 0.95 1.01 u„, tcd
        551 words
      • Article
        Leong Hup wins injunction to stay KFC Holdings' hand
        409 18  -  From Ho Kay Tat in KUALA LUMPUR LEONG Hup Holdings Bhd has obtained a court injunction to stop KFC Holdings (M) Bhd shareholders from removing its three representatives from the board of directors at a special meeting tomorrow. In a statement
        409 words
      • Article, Illustration
        Lock icon Meralco expects 125% profit jump
        371 18 AFP MANILA Power retailer Manila Electric Co (Meralco), once a scapegoat for the daily blackouts that plagued the Philippines in 1992 and 1993, is beaming brightly with 1994 profit forecast to more than double the previous year's result. Meralco president Manolo Lopez yesterday said the
        AFP  -  371 words
      • Article
        Lock icon MRCB expects challenging year
        183 18 MBT KUALA LUMPUR Malaysian Resources Corp Bhd (MRCB) expects the current financial year to be a challenging one, as the group will undertake new sizable investments where initial losses from new businesses, higher interest costs and other consequential increases in operating costs are expected. Chairman Ghazali
        MBT  -  183 words
      • Article
        Lock icon Hong Leong uncovers share cert fraud
        134 18 Bernama KUALA LUMPUR Hong Leong Nominees Sdn Bhd said yesterday that it had uncovered a share certificate of Hong Leong Industries Bhd whose certificate number had been altered. It informed the Kuala Lumpur Stock Exchange that the number of the certificate was part of
        Bernama  -  134 words
      • Article
        Lock icon WCT secures M$7 million contracts
        141 18 Bernama KUALA LUMPUR WCT Engineering Bhd has secured Ms 7 million (553.99 million) worth of contracts from the M$lS million which are at the advanced stage of negotiations. Managing director Taing Kim Hwa told reporters after the listing of its shares on the Kuala Lumpur
        Bernama  -  141 words
      • Article
        Lock icon Ayala declares big payout, aims to be major telecom force
        470 18 Reuter MANILA Ayala Corp, one of the Philippines' biggest conglomerates, yesterday announced a huge payout to shareholders and underlined its determination to become a major telecommunications force. The 40 per cent stock dividend, which will cost about 1.2 billion pesos
        Reuter  -  470 words
      • Article
        Dunlop Estates shares soar ahead of nod for M$1b deal
        351 18  -  From Ruth Wong in KUALA LUMPUR DUNLOP ESTATES Bhd stock yesterday soared ahead of an announcement that the Economic Planning Unit (EPU) had approved the company's proposed billion-ring-git acquisition of the Sarawak Electricity Supply Corporation (Sesco). Dunlop Estates hit a
        351 words
      • Article, Illustration
        Lock icon US Justice Department appeals unusual Microsoft ruling
        371 19 Reuter, FT .'WASHINGTON United Attorney General Janet jßeno yesterday said the Justice (Department had appealed an iiinusual ruling by a federal judge rejecting the government's antitrust settlement •with Microsoft Corp, the •world's largest computer soft.ware company. Ms Reno called the ruling iby US
        Reuter,; FT  -  371 words
      • Article
        HK to start stock futures trading next month
        270 19  -  From Lim Soon Neo THE Hongkong Futures Exchange announced yesterday it would begin trading stock futures on March 31. The exchange will begin with futures on HSBC Holdings pic and Hong Kong Telecom Ltd, the two biggest stocks in the Hang Seng
        270 words
      • Article, Illustration
        Lock icon IG Metall rallies 270,000 workers to stage walkouts
        126 19 AFP FRANKFURT About 270,000 German metal-workers staged walkouts on Wednesday throughout the country and about 15,000 of them marched through here to back their wage claims, the powerful IG Metall union said. The Frankfurt march and the walkouts were part of an
        AFP  -  126 words
      • Article
        Lock icon Packer wants control of Aussie media group John Fairfax
        478 19 Reuter SYDNEY Australian media baron Kerry Packer wants control of media group John Fairfax Holdings Ltd. "Fairfax is something we're definitely interested in. We'd like to take a controlling interest in it," he said in a television interview yesterday. Mr Packer
        Reuter  -  478 words
      • Article
        Lock icon Big shakeup at China's largest steelmaker
        213 19 Bloomberg Business News BEIJING Shougang Corp chairman Zhou Guanwu has stepped down as part of a major reshuffle at China's largest steel manufacturer. Liu Wei, division chief at Shougang's foreign affairs department, yesterday said: "Zhou has been replaced by Bi Qun, a vice-minister at
        Bloomberg Business News  -  213 words
      • Article
        Lock icon Indian firms hang fire on new issues until poll, budget
        415 19 Reuter BOMBAY Indian firms, the largest international equity issuers from emerging markets last year, have put new offers on hold until the middle of next month, after the budget and state elections are over, investment bankers said. "It's a sit-tight-and-wait
        Reuter  -  415 words
      • Article
        Lock icon Kleinwort's profit down 13%, fee income up 16%
        281 19 Bloomberg Business News LONDON Klein wort Benson Group yesterday said 1994 pre-tax profit fell 13 per cent to £97 million (Ss22o million) as a 16 per cent gain in fee income softened the blow of declining trading profits. Profit was higher than
        Bloomberg Business News  -  281 words
      • COMPANY BRIEFS
        • Article
          Lock icon Chinese liquor producer scores a first
          63 19 Bloomberg Business News HONGKONG China's Anhui Gujing Distillery plans to sell shares worth 60 million yuan (5510.2 million) to foreign investors and become the first Chinese liquor producer to list, Chinese press reported. The B-shares, which can be bought by foreigners, will begin trading
          Bloomberg Business News  -  63 words
        • Article
          Lock icon Kmart acts to reverse sales fortunes
          58 19 NYT NEW YORK Kmart Corp has formed a new team of executives to manage its various efforts to reverse the fortunes of the company's faltering discount store business. The team will include Charles Chinni, a former senior merchant with R H Macy Co, who
          NYT  -  58 words
        • Article, Illustration
          Lock icon Adding voice to their protest
          48 19 Reuter BOMBAY Employees of the Life Insurance Corp of India shouting slogans here yesterday to demand higher wages and protest against government moves to privatise the industry. More than 123,000 employees from all over the country took part in the day-long strike. Reuter
          Reuter  -  48 words
        • Article
          Lock icon GE unit in Indian satellite TV tie-up
          72 19 Bloomberg Business News FAIRFIELD, Connecticut General Electric Co's communications unit, GE American Communications Inc, will begin offering India's first satellite television service in July, the company said. The service will carry both entertainment and news and current affairs programmes in English, Hindi and
          Bloomberg Business News  -  72 words
        • Article
          Lock icon Hoechst close to taking over US firm
          69 19 Bloomberg Business News FRANKFURT German chemical company Hoechst AG is close to buying 51 per cent of US pharmaceutical company Marion Merrill Dow Inc for 3-3.5 billion marks (SS2.B-3.3 billion), the financial magazine Wirtschafts Woche reported. Citing a source close to the deal,
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Club Med makes profit of 94m francs
          50 19 Bloomberg Business News PARIS Club Mediterranee, the French travel and holiday resort operator, said it swung to a profit of 94 million francs (5526.3 million) in the year ended Oct 31, 1994. It lost 296 million francs the year before. Bloomberg Business News
          Bloomberg Business News  -  50 words
    • FINANCE & COMMODITIES
      • Article
        Credit Lyonnais plans joint venture in Malaysia
        341 20  -  By Shiv Taneja SINGAPORE Credit Lyonnais International Asset Management (CLIAM) plans to set up a joint-venture asset management eompany in Malaysia and increase its coverage of other regional markets. Managing director Kim Teo said yesterday details of the joint venture were being worked
        341 words
      • Article
        Lock icon First Union, Lippo in trade finance deal
        304 20 Companies to combine marketing efforts in South-east Asia, Pacific Rim Reuter LOS ANGELES First Union Corp, a North Carolinabased banking company, and Hongkong's Lippo Ltd yesterday said they would combine marketing efforts in a trade finance network in South-east Asia and the Pacific
        Reuter  -  304 words
      • Article, Illustration
        Lock icon Where coal is costlier than life
        90 20 Reuter SHAKHTY, Russia One of the residents of this grimy coal mining town, about I,oookm south of Moscow, taking a stroll. The 200,000 people in the town survive on an average monthly wage of US$lOO (Ssl4s). Most live in former stables with no inside
        Reuter  -  90 words
      • SMALL CHANGE
        • Article
          Lock icon China forex centre to trade in yen
          59 20 Knight-Ridder HONGKONG The national China Foreign Exchange Centre will begin trading the Japanese yen from Mar 1, the official China Securities newspaper reported yesterday. But foreign bankers greeted the announcement with little surprise since the centre, the key link in China's inter-bank foreign
          Knight-Ridder  -  59 words
        • Article
          Lock icon Scotiabank opens China branch today
          53 20 Reuter HONGKONG Canada's Bank of Nova Scotia (Scotiabank) said it will open its first China branch today in Guangzhou, capital of the southern province of Guangdong. The branch will engage in a wide range of foreign currency related activities including trade financing, correspondent banking and
          Reuter  -  53 words
        • Article
          Lock icon State Bank of India raises prime rate
          70 20 Knight-Ridder BOMBAY The State Bank of India, the country's largest commercial bank, on Wednesday hiked its prime lending rate to 15 per cent from 14 per cent, newspapers reported. It also decided to raise interest on time deposits. On deposits of two years
          Knight-Ridder  -  70 words
      • Article
        Lock icon Italian bank action putting takeover laws to the test
        238 20 Reuter MILAN Italy's takeover laws are being put to the test by moves towards concentration in the country's fragmented banking system and the results so far have been less than brilliant. Analysts yesterday said that in the latest case, northern Italian
        Reuter  -  238 words
      • Article
        Lock icon M'sian palm oil prices to stay buoyant in near-term
        232 20 Knight-Ridder KUALA LUMPUR Malaysian palm oil prices are likely to stay buoyant in the nearterm. mainly on strong demand as favourable export sales are expected this month and next. But over the longer term, the market looks set to turn lower,
        Knight-Ridder  -  232 words
      • Article
        Lock icon 3 banks bidding for KeyCorp mortgage unit
        359 20 Bloomberg Business News NEW YORK Bank America Corp. Fleet Financial Group and Nationsßank Corp are vying to buy KcyCorp's mortgage business for up to US$3OO million (***** million). Bankers familiar with the transaction yesterday said the banks were bidding from US$25O million to
        Bloomberg Business News  -  359 words
      • Article
        Lock icon Gasoil prices fall due to Europe stocks
        301 20 Bloomberg ENERGY REPORT Bloomberg Business News SINGAPORE Gasoil prices in Singapore fell as high inventories in Europe forced traders there to start sending cargoes eastward. In the forward market, gasoil for March delivery was discussed between US$2l.lO- a barrel, down about 20 cents
        Bloomberg Business News  -  301 words
      • Article
        Lock icon Currency Reports:London
        211 20 Reuter LONDON The mighty mark again had the dollar on the ropes yesterday, with a break below important chart levels pointing to a bleak outlook for the US currency. While traders said they felt safe going home with contracts to buy marks, they arc worried that the Federal
        Reuter  -  211 words
      • Article
        Lock icon New York
        85 20 AFP NEW YORK The dollar fell back against the other major currencies yesterday amid active trading spurred by investment fund liquidations due to technical factors. In morning trading, the dollar was at 1.4935 German marks, down from 1.5090 on Wednesday and at 97.65 yen (98.35). The dollar lost
        AFP  -  85 words
      • Article, Illustration
        Untitled
        1660 20 Iradr-Hcifhwd index aikulalnl afam\t S'/t onr'j hip 14 iradint parlntrv Bom- mr. 1955 US$/S$ forward rates Noon/Feb 16 Bid Oder 1-month 1.4472 1.4487 2-month 1.4433 1 4448 3-month 1.4403 1.4418 6-month 1.4327 1 4347 Simnv CK'BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Feb 16 Singapore dollars
        1,660 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollars end steady
        1439 21 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended steady to firmer on mild turnover as the Nikkei Average eontinued to slide, while Eurodollar futures were steady ahead of fresh US economic data due later yesterday. December Euroyen futures were the most heavily traded, closing at 97.26,
        Reuter  -  1,439 words
      • Article
        Palm oil closes sharply low
        662 21 COMMODITY REPORTS Palm Oil CRUDE palm oil physical market closed sharply lower yesterday, following the weaker CPO futures contract, dealers said. One dealer said the cash market saw huge selling activities throughout the day as players were concerned prices will drop in the short term.
        662 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          China fertiliser output up 23%
          58 21 BEIJING Production of chemical fertilisers got off to a good start this year as the Chinese government. keen to boost agriculture, stepped up funding of the fertiliser industry, the official Economic Daily reported yesterday. Chemical fertiliser production hit 8.46 million tonnes in January up 23.3
          58 words
        • Article
          Nickel compounds production to go up
          49 21 TOKYO Japan's production of nickel, ferronickel and nickel oxide are expected to increase 14 per cent to 125.000 tonnes this year from around 110.000 tonnes in 1994 due to strong demand from stainless steel makers and high nickel prices, according to industry sources.
          49 words
        • Article
          China to lift copper scrap imports
          85 21 HONGKONG High international copper prices are expected to boost China's imports of copper scrap to as high as one million tonnes by 1997, Felipe Tan. managing director at Simsen Metals Co Ltd of Hongkong said yesterday. Latest trade figures show a surge in copper
          85 words
        • Article
          Rain boosts Aussie cane prospects
          64 21 SYDNEY Heavy rain along Australia's sugar cane belt has boosted prospects for the 1995-96 crop, but raw sugar production is likely to remain under last season s record. A Cane Growers official said the organisation's first official forecast for the crop would be released next
          64 words
        • Article
          Kirin to import Heineken beer
          45 21 TOKYO Japan's Kirin Brewing Co will import 3.7 million cases of beer in aluminium cans from Heineken NV of the Netherlands over the next three years in a bid to cut costs and reduce retail prices, a company spokeswoman said.
          45 words
    • Article
      COMMODITY PRICES
      1490 21 Rubber Singapore Commodity Exchange (futures closing as at 5.30p«n) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 95 I 243.50 475 Apr 240.00 236.00 242.50 625 2000 May 240.00 236 00 240.50 425 2425 Jun 240 00 236.00 239.50 425 2325
      1,490 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        944 22 17.3 ENCOURAGING company profits and a record close on Wall Street lifted the stock market to a firmer close yesterday, brokers said. "The market has followed New York," said a broker, adding that good profit results during the week had also buoyed the bourse. The All Ordinaries Index finished
        944 words
      • Article
        Manila
        593 22 12.3 Share prices edged slightly higher by half a per cent in yesterday's trading, following the lead of the New York Stock Exchange, analysts said. The PSE Composite Index ended 12.3 points higher at 2,632.98. Volume plunged by 50.02 per cent to 3.52 billion shares, and value fell 37.7
        593 words
      • Article
        Taipei
        595 22 +70.3 The bourse remained bullish yesterday in heavy trading, led by the largest winner electricals with a 1.8 per cent jump, dealers said. The Weighted Price In- dex climbed 70.3 points to settle at 6,646.55 points, extending a 71.66-point jump the previous session. Turnover swelled with 1.804 billion shares
        595 words
      • Article
        Seoul
        458 22 -2.6 Share prices continued their losing streak amid jitters over a financial strain, brokers said. The Composite Price Index settled at 923.49 points, down 2.6 points after diving about 15 points in the morning session. Trading volume was thin with 22.29 million shares valued at 427.7 billion won changing
        458 words
      • Article
        New Zealand
        319 22 +20.24 The share market sat up and took notice of a flow of strong corporate results yesterday. Brokers took a brighter view of Telecom after Wednesday's third quarter result. The market leader ended four cents higher at NZ55.45 after an indifferent performance on Wednesday, when it announced a
        319 words
      • Article
        Bombay
        160 22 •74.98 The 30-share Bombay Stock Exchange Index closed 74.98 points down to a provisional 3.410.16 on sustained selling by mutual funds and speculators, brokers said. The 100-share National Index fell 25.40 points to a provisional 1,665.09. Brokers said that some small and medium-sized companies had placed selling orders after
        160 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        782 22 Britannia Funds Sterling Cask Bid Offer Mim Cap Deposit 38 MOO 38 6500 Mim Jersey Gill O lM) 0 1992 Mim Ma» Income ***** 0 9500 US$ Cash Income Plus Fund *9 3000 *9 8000 PS S Reserve Fund 5 3900 5 4000 Sterling Kquit) Euro Performance 0 4592 0.4938
        782 words
      • Article
        London
        620 22 -23.8 UK blue chip stocks closed down, though slightly above session lows, as Wall Street's early weakness compounded the effects of lower gilts and stock index futures amid continuing weakness in sterling and the dollar. The FTSE-100 index closed off 23.8 at 3,051.1 after sinking as low as 3,046.9
        620 words
      • Article
        Paris
        133 22 -26.90 French shares closed sharply lower after a sell-oIT sparked by political uncertainty and concerns about weakness in the dollar and in the franc, dealers said. "Confidence in the bourse has been shaken by how fast it fell today," a trader said. The CAC-40 Index closed down 26.90 at
        133 words
      • Article
        Frankfurt
        159 22 -19.77 The stock market was weakened yesterday by the dollar's feebleness against the mark and by the threat of a metal-workers' strike, traders said after the close. The DAX Index shed 19.77 points on the day to end at 2,115.72 points. Frankfurt M> 16 DM AM 14J 70 -60
        159 words
      • Article
        Brussels
        194 22 -8.03 Stocks closed lower as the weaker dollar threatened the earnings of companies that sell goods or enter contracts in the US currency. The Bel-20 Index closed down 8.03 points at 1350.52, its lowest point for a week. "The only thing weighing down on the market is the dollar.
        194 words
      • Article
        Milan
        214 22 -2.11 pc Shares slumped on fears that the "government of experts" of Prime Minister Lamberto Dini will not be able to push through its budget cutting plans. The fears sent the lira skidding lower on the foreign exchanges which in turn led to concern that the Bank of Italy
        214 words
      • Article
        Amsterdam
        251 22 -3.18 Dutch stocks fell as the dollar plunged to a threemonth low against the guilder, raising concerns over earnings of companies with US operations. Leading the decliners was publisher Wolters Kluwer NV, while major financial shares also were big contributors to the fall. The AEX Index closed 3.18 points
        251 words
      • Article
        Zurich
        268 22 -8.04 Swiss shares ended lower in moderate volume on the back of a weakened dollar, dealers said. Many investors fear a setback on Wall Street and therefore retreated to the sidelines, they added. Today's share prices will again depend on the dollar's performance and on expiries on SofTex, dealers
        268 words
      • Article
        Johannesburg
        379 22 -44.9 South African shares extended earlier declines by the close yesterday as buyers remained scarce and sellers gathered in bearish trade, dealers said. They said the market had found little support from a stronger Wall Street overnight, and was likely to struggle for fresh direction in the short term.
        379 words
      • Article
        Toronto
        270 22 -2.2 Stocks eased early along with sagging Wall Street stocks and investor jitters ahead of the federal budget, traders said. The TSE 300 Composite Index edged down 2.2 points to 4,123.0 on volume of 9.3 million shares valued at C 599.38 million. Declining issues outpaced advances, 159 to 140,
        270 words
      • Article
        New York
        723 22 -14.13 The Dow Jones Industrial Average, which jumped 27.92 points to an all-time high 3986.17 on Wednesday, was down 14.13 points to 3.972.04 at 11 am EST. The New York Stock Exchange Composite Index was off 0.89 to 262.30, while Standard Poor's 500-stock Index was down 1.30 to
        723 words
    • Article, Illustration
      Lock icon HONGKONG
      3052 23 Bloomberg Business News HONGKONG Stocks wiped out most of their gains amid concern prices had climbed too far, too fast. The Hang Seng Index tumbled 2.62 per cent in the last hour of trading after surging to its highest level this year amid optimism interest rates will stabilise soon.
      Bloomberg Business News; Source: Bridge Info  -  3,052 words
    • Article, Illustration
      Lock icon CHINA
      622 23 CLSA IN Hongkong H shares finally retreated 1.1 percent with profit taking evident in most stocks. Turnover reached a new peak of HK.5237 million, suggesting there is still a healthy appetite for these shares. Noticeably, GZ Shipyard fell 17 per cent but given its small trading volume, this should
      CLSA  -  622 words
    • Article, Illustration
      Lock icon TOKYO
      2526 23 Reuter TOKYO Stocks ended with hefty losses for the third day in a row, with the Nikkei Average ending at a 58-week low. Brokers said foreigners sold blue chips, especially electricals and cars, while dealers and individuals were selling construction stocks to limit losses. The Nikkei Average ended down
      Reuter; Source: Bridge Info  -  2,526 words
    • Article, Illustration
      Lock icon BANGKOK
      1774 23 Reuter BANGKOK Thai stocks yesterday closed considerably higher on institutional buying, spurred by a rise in the New York market overnight and in many regional markets yesterday. The SET Index closed up 21.79 points at 1,308.22 on moderate turnover of 7.3 billion baht. Debuting Safari World was the centre
      Reuter; Source: Bridge Info  -  1,774 words
    • Article, Illustration
      Lock icon JAKARTA
      1171 23 Reuter JAKARTA Share prices closed mixed in relatively heavy trade, with profit taking by local players in the second session eroding sharp early gains, brokers said. "The early morning market was driven largely by local investors buying property stocks. The top 10 most heavily traded stocks were denominated by
      Reuter; Source: Bridge Info  -  1,171 words
    • Article
      CLOB INTERNATIONAL
      2697 24 t»r (>r I9*4/»S Last Vol Day Unl Quote Dt» W» Md Net M Cap High Low Compaay Sale (TOO) High Low Buyer Seller S ("vt S P/fc Smil MALAYSIAN STOCKS 398 73 m MSB 50c 286 +4 34 290 286 286 2*7 30 -2.9 0 3 29 3
      2,697 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Election talk and US data push up shares
        6916 24 Bloomberg Business News KUALA LUMPUR Stocks rose a second day, as signs of stable world interest rates enticed foreigners and news of possible corporate developments brought in local investors. Growing expectations that elections will be called for late March or early April
        Bloomberg Business News; Source: Bridge Info  -  6,916 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8798 25 MAIN BOARD tif Or M ttl l*wt? 1 Mt Vol Ik) I m Quoit Di» Di» VM Net Cap V>« IliCk l.oa onifMcs Sale (0001 High I u» Bam Seller S C'tr P F. tail Price INDUSTRIAL AND COMMERCIAL ?20» 388 ml Vina 50l -MO -4 19 446 MO 4W
        8,798 words
      • Article, Illustration
        Lock icon Local shares soar on year-high volume
        1926 26  -  By R Sivanithy SINGAPORE Boosted by firmness on Wall Street overnight when the Dow Jones Industrial Average hit a new peak the local market performed strongly yesterday on the highest volume this year. Demand for stocks on both sides of the Causeway was firm
        Charts by Bridge Info; Source: Bloomberg  -  1,926 words
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      389 17 NEWS VALUE Goodman Fielder sells entire stake in S'pore unit for $192 m (pg I) GFA's share pricc has moved beyond the offer pricc of $2.42 in the last two weeks. But could rise further. Price of big car COE plunges $20,000 (pg I) More room for car distributors to
      389 words
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      75 18 f: THE RAFFLES CONVERSATION still get gooseflesh when I talk about it." M \W- Ji i- MMk Richard Gordon, the flamboyant chairman of the Subic Bay Metropolitan Authority, on the dramatic story of how he and 8,000 unpaid volunteers worked to preserve the former US naval base of Subic Bay
      75 words
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      Page 18 Advertisements Column 2
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      156 words
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      239 19 Chan Brothers Group PROUDLY PRESENTS ISBI lAPARTMENTS 7 QUEENSTOWN B3SS|||||HR^H NEW ZEALAND fThis project is located next to Chan Brothers Group's Country Lodge Hotel. Both will ultimately form a hotel and resort complex. if The existing hotel is fully-operational, boasting a high rate of occupancy, with an established, wide clientele
      239 words
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      16 20 AD-LIB Candid views from people in the news. Conversations At Raffles. Every Other Saturday. Business Times
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      48 words
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      247 26 In The Matter of The Companies Act, Cap. 50 And In The Matter Of UNI-CREDIT PTE LTD (Members' Voluntary Winding-up) At an Extraordinary General Meeting of the Members of UNI-CREDIT PTE LTD duly convened and held at 3 Shenton Way #21-10 Shenton House Singapore 0106. on the 16th day of
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      Page 26 Advertisements Column 2
      235 26 In The Matter of The Companies Act, Cap. 50 And In The Matter Of KING STAR TECHNOLOGY PTE LTD (Members' Voluntary Winding-up) At an Extraordinary General Meeting of the Members of KINGSTAR TECHNOLOGY PTE LTD duly convened and held at 1 Rochor Canal Road #02-19 Sim Lim Square Singapore 0718,
      235 words
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      381 26 IN THE MATTER OF THE COMPANIES ACT. AND CAP. IN THE MATTER OE ENGWOOD (PTE) I.TD (Incorporated In Singapore) (In Member*' Voluntary liquidation! Al an Extraordinary General Meeting of member of FNGWOOD I PTE) LTD duly convened and held at 151 Chin Sw ee Road. #02 12 Manhattan House. S'poreo3l6on
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      595 26 BUSINESS TIMES NOTICES ■EnßßamHlE22gffl i IN THE MATTER OF THE COMPANIES ACT, CAP.SO IN THE MATTER OF TOBY ASPAC INVESTMENTS PTE LTD On Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS (Pursuant to Section 290(?Xb)) At an Extraordinary General Meeting of the Company held at 9 Penang Road. #12-00.
      595 words
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      305 26 IN THE MATTER OF THE COMPANIES ACT, CAP.SO IN THE MATTER OF AIR SEA BROKER (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290(2Xb)) At an Extraordinary General Meeting of the Company held al 10 Anson Road. #14-07, International Plaza. Singaporeo2o7 on
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      Page 26 Advertisements Column 6
      478 26 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT, CHAPTER 5# AND IN THE MATTER OF CASTALIA TRADING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that a Hnal General Meeting of the members of the Company will be held at Suite 3. 120 Pacific Highway.
      478 words
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  • Shipping Times
    • Article
      Havtor to buy Kvaerner's gas carrier fleet
      450 27  -  By Rahita Elias SINGAPORE Listed Norwegian shipping company Havtor plans to buy the gas ship fleet of energy and shipping group Kvaerner A/S. Under the proposed deal, Havtor's shares will be used to pay for the ships. Kvaerner said in a statement this
      450 words
    • Article
      Lock icon Sea-Land to sail 5 ships under foreign flag
      268 27 AP LIBERTY CORNER, New Jersey Sea-Land Service Inc has discovered that patriotism does not always pay for the international shipping line. In an effort to cut down on costs, Sea-Land will sail five of its ships under the orange, white and blue
      AP  -  268 words
    • Article
      Lock icon Kobe receives Chinese containership
      171 27 Knight-Ridder KOBE A Chinese container vessel arrived yesterday in the port of Kobe, a sign that port activities are resuming following the devastating earthquake last month, reported Kyodo wire service. The 1,576-ton Qiian Zhou, which unloaded 110 containers, is the third such foreign vessel to arrive
      Knight-Ridder  -  171 words
    • Article
      Lock icon International firms vying for Beirut port contract
      161 27 AFP BEIRUT Some 70 Asian, European and Lebanese firms are vying to secure a USSI3O million (S$ 191 million) contract to rehabilitate the port of Beirut which was ravaged during the 1975-1990 civil war. port administration officials said on Wednesday. Firms from South
      AFP  -  161 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1040 27 Page Col ABC Containerline 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Line 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
      1,040 words
    • Article, Illustration
      Lock icon Whale slaughter continues
      73 27 Reuter ROSS SEA, Southern Ocean, Antarctica A Minke whale being trussed to the side of the Japanese whale hunter Kyo Maru No I on Wednesday as the boat headed for the factory ship Misshin Maru in the Antarctic whale sanctuary. The whale was caught within the Southern
      Reuter  -  73 words
    • Article
      RCL, S'pore lines to upgrade Philippine services
      196 27 SINGAPORE Regional Container Lines (RCL) of Thailand and two Singapore feeder companies will upgrade their joint services between Singapore and the Philippines from Feb 24. The two Singapore lines are Singha Shipping, a wholly owned subsidiary of national carrier Neptune Orient Lines, and
      196 words
    • Article
      Lock icon Freight business slow but steady
      404 27 KnightRidder NEW YORK There was little concluded freight business reported in trading on Wednesday, but rates were steady for the little that did emerge, brokers said. In the smaller and handy sizes, Cargill was said to have covered a 1.3 million to 1.5 million cubic
      Knight- Ridder  -  404 words
    • Article
      DAILY FREIGHTS
      1143 28 AN EXCEPTIONALLY quiet trade in the freight market on Wednesday saw the index recorded its first fall in a week, by three points to 1,981. Grain trades were conspicuously lacking reports of completed business. Panamax rates for US Gulf/Continent stand at US$l5.OO from charterers and U5515.50 from owners.
      1,143 words
    • Article
      TRANSPORT DIARY
      753 28 COURSES I itle: Developing a Safety Management System Duration: F eb 20-22 Organiser: Lloyds Register of Shipping lei: For further details, contact Ms S Y Yeo/Mr Camilo Heng/Capt Ron Vardon at 278-9444 or fax: 273-1662. Title: Principles of Shipping Documentation and Practices (SDF 70%) Duration: Feb 23 May
      753 words
    • Article, Illustration
      Lock icon Newcomer making waves in Greek market
      1136 29  -  Nick Skrekas looks at the Commercial Bank of Greece's recent entry into the ship finance sector and how it plans to tackle the competition Nick Skrekas Seatrade Week Newsfront IN recent months several nonGreek banks have made various strategic moves depending on their evaluation
      Seatrade Week Newsfront  -  1,136 words
    • Article
      THE SHIPPING GUIDE
      12228 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
      12,228 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        502 39 fhsH Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure m rmg Port Equator toy 32/5C P02 17 02 1500 1802/1800 Taiantc M S 1 alongside 1/02/0600 Equator Rise 134,SC P03 1602/1700 18 02/0600 fergel FnkMy 110,11 03/95 alongside 1702/2300 Giace Luna 11 P05 17
        502 words
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        CONTAINER SCHEDULES
        1298 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO OF EXPORT FCL CONTAINERS AND LCL CARGO 3 Record Boofcmf/Balance Rslts Ship Voy No Etb/Btr Period From To From d >cx Daisy 062A 18/1100 1A 16/1500 16,1659 16/1900 IB 16/1500 16/1659 16/1900 3 17/0/00 17/1159 17/1400 z 17/1200 17/1459 17/1700
        1,298 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Travel agency chain sues US airlines for commission cuts
        432 46 Bloomberg Business News ENGLEWOOD CLIFFS, New Jersey Travel Network Ltd. an American chain of travel agencies, has sued five major US airlines because they cut the commissions that agents earn on ticket sales. The lawsuit, filed on Wednesday in the US
        Bloomberg Business News  -  432 words
      • Article, Illustration
        Lock icon BMWs taking shape in Vietnam
        84 46 AFP HANOI A Vietnamese working on the assembly line of German BMW 525 i cars at Vietnam Motors Corporation here on Wednesday. About 300 BMW 525 i cars will be assembled in this plant this year. Many car firms have shown interest in Vietnam. Japan's
        AFP  -  84 words
      • Article
        Lock icon Delta preparing response to pilots over concessions
        221 46 NYT ATLANTA Delta Air Lines, hoping to wring US$34O million (Sssoo million) a year in concessions from its pilots, is planning this week to outline its priorities as new contract negotiations get under way. The pilots are working under a contract signed in
        NYT  -  221 words
      • Article
        Lock icon Swissair, Delta to strengthen alliance after open skies deal
        454 46 Bloomberg Business News ZURICH Swissair AG and Delta Air Lines, Inc said they will enhance their partnership after Swiss and US delegations reached an "open skies" accord. Swissair is likely to buy a stake of up to 49 per cent in
        Bloomberg Business News  -  454 words
      • Article
        Lock icon Canadian airlines set for major battle after US air pact
        485 46 Reuter TORONTO Canada and the US are about to sign an "open skies" accord to liberalise air traffic but the battle between Canada's two major carriers for the lucrative new routes has only just begun. Analysts believe President Bill Clinton
        Reuter  -  485 words
      • Article
        Lock icon Air Canada chief sees profits ahead
        458 46 Reuter BOSTON Air Canada Corp president Hollis Harris expects the carrier to report next week a "slight" profit for the fourth quarter and net earnings of more than Csl2s million (SSI29 million) for the 1994 fiscal year. "We think we will be able to
        Reuter  -  458 words
      • LOG BOOK
        • Article
          Lock icon Daihatsu to remain in HK and China
          126 46 AFP HONGKONG Japanese carmaker Daihatsu Motor (HK) Ltd said yesterday it would keep Hongkong as the base for developing business in China, despite possible restrictions on vehicles in the territory. In a rare advertisement published in newspapers here, Daihatsu Motor said: "We will
          AFP  -  126 words
        • Article
          Lock icon Thai Airways to cut fares by 25%
          94 46 Oana-TNA BANGKOK Thai Airways International pic, Thailand's national carrier, will slash its airfares for first and business classes indefinitely, starting in April, its President Thammanoon Wanglee announced here yesterday. Mr Thammanoon said Thai will lower airfares for passengers in the two classes by
          Oana-TNA  -  94 words
        • Article
          Lock icon KLM fears loss of transit income
          85 46 Reuter AMSTERDAM KLM Royal Dutch airlines said the Schengen Accord to remove border controls between seven EU countries could cost it between 250 million guilders (Ss2l4 million) and 500 million guilders in turnover, due to a possible fall in transit passengers handled. Spokesman Hans
          Reuter  -  85 words
        • Article
          Lock icon Clouds over Indian carrier's planes
          102 46 AFP NEW DELHI One of India's mushrooming private airlines is planning to buy planes which British Aerospace (BAe) aims to phase out as uneconomic and obsolete, officials said here on Wednesday. Sahara India Airlines, a controversial private carrier, has signed an agreement with Jetstream Aircraft
          AFP  -  102 words
        • Article
          Lock icon Viet-Seoul venture takes to the skies
          87 46 AFP HANOI A joint-venture between Vietnam's VASCO airline and Seoul Air International (SAI) on Tuesday launched chartered flight services from Hanoi and Ho Chi Minh City with Britishmade Jetstream planes, officials said on Wednesday. Vietnam Air Services Co is using J3l aircraft, with a
          AFP  -  87 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1793 46 at)i F»t>>t eta rtM no_ at* n#t no rre Aim Dhabi GA970 2035 VN745 1430 VN744 1540 Adelaide Qf81 1930 QF82 2050 Hatyai TG407 2120 TG408 0820 SQ227 2230 MI895 2300 M1896 1920 Amsterdam KL837 1540 KL844 0115 HthMu AY902 1850 AY903 2140 SQ323 1710 KL838
        1,793 words
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      53 27 BusinesslT Every Monday in Business Times i Newcomer making waves in Greek ship finance market, Pg 3 Travel agency chain sues US airlines for commission cuts, Back Pg Lines and services represented by Members ol the Registry of Accredited/? Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Stopping
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      17 27 BusinesslT Every Monday in Business Times PLAY SMART Be part of the good life. Lifestyle. Everyday. Businessßmes
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      1980 28 f NORTH AMMFttCA 1 1 OTHER DESTINATIONS "1 I NORTH AMBR9C A 1 DIRECT CALL TO WEST COAST (SCX) WEST COAST OF CENTRAL AFRICA, (MARQARIT A SERVICE) SMOAPOftE C ALIFORM A EXPRESS (DIRECT FROM WEST COAST) u mmm\ *mm tct (cum, Mmma mm.JTTmccmpl surm w 011 *«uw I «1 222
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      35 28 i *A 4 o I o a o o 0 4 LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. i SINGAPORE F 1 Business Times mmmm aaa
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      1107 29 -toy UralcD ARAB BOOWNGTBJ *****17/418/419 I fai SHIPdNGSOfSAS) B SEALORD SHIPPING AGENCIES W&RS& IS?" 2 I WSL/VQY SIN I PSO DXB I SHJ KWI I AUH DMK BAH DOH I VSL/VOY Sk"l BC I BM I VSL/VOY I« I OB I ID I M ZIMt CIO4N 20/2 6/3 4/3 6/3
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      430 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) I FROM AUSTRALIA (EAST COASTjg WSSCI/WY «T «G wl* SW MB Ml HOB KSXL/VOV MC STD MU BUB HOB KT f'stflniTT A MVAftABTA »2S 17/02 21/02 23/02 11/03 14/03 I WTMMU SIN 30/01 02/02 17/02 20/02 21rSf A. ASM MS 23/02
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      1480 30 AOABA R DAM/ [i VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE MAAS ***** 18/2 27/2 6/3 8/3 IJ/3 >3/3 15/3 NYK KAI 12/107 22/2 IV3 14/3 12/3 HANNOVER EXPRESS 24/307 25/2 6/3 13/3 15/3 18/3 20£3 22/3 NYK ALTAIR 02/108 1/3 18/3 21/3
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      518 30 IS fxxe P.Kelang Loading for VLAHERNA 22/2 Rdni/At*/UK/Nantes H tSER KAPTANOGLU 18/2 22/2 Rdm/At«/Bmn/UK STEPMN ARTEVENKO 28/2 2/3 Rdm Atw/UK'Nan I 'loads E /"W Malaysia. Indonesia I Loading for V JEMIMA M Dubai/Damman/lddah, Aqaba I MAMSAMLT NAREE KuwaiT/Damman/Dubai Hjj •Loads Singapcxe. E./W. Malaysia. Indonesia I I Loading for PAN EXPRESS
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      1443 30 NORASIA £2!c!i ii'S 2 <w/03 12/03 13/03 14/03 14/03 15/03 16 03 15 3 16 M I NORASIA HONGKONG 9507-1 22/02 14/03 17/03 18/03 18/01 19/03 20/03 21/03 21/03 22/03 I 3 °i 3 21/03 24 3 26/03 26/03 27/03 27/03 28/03 28/03 30/03 I SI MOIIVAIOR 509W 10/03 30/03
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      1489 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ■maiHaHßMtf.HM.ia.M.lM'lJfllUlM WW OMNIA PACWC LINK fZyjEff (A SERVICE OF CHINA NAVIGATION CO) i CARGO DUI SMS STRAITS VENTURE V9505E Muwa. lab. KK It F«6 1J Fab 20 Fab FCt. LCI CONTAINER ANO
      1,489 words
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      2401 31 W P&O Containers P& ?*aiLaien (Singapore Agencies) Pte Ltd ■Bm 10 Hoc Chiang Road, #07-01 Kcppcl Towers, Singapore 0208 First Class Connections WORLDWIDE Te,: 225 2233 Telcx: RS ***** pnocsp eFax: 225 5327/222 7517 1 CR Number: *****9 *****Z ~..1 .,1 J.LMUL ~.iy° RT REPULSE BAY 3528 iTSS iTol ISO
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      576 31 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PHI pfN JOM SIN HKG KAO TAI Mf ROB OSK MO) BUS WAN HAI 203 N067 15/02 16/02 18/02 19 19/02 24/02 25 02 2//02 28/02 05/03 1 06/03 1 07/03 WAN HAI 211/N026 ii"o2 I?7o7 21 02 72 73/02 21/02 01/03 03/03 T/S »ia
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      522 32 JOINT VENTURE VjV SAMUOERA INDONESIA SIR RICKMERS Win SINGAPORE CHINA DASA SOUUH VOY 3HB 14 FEB QWGOAO GREEN ERA VOY 4NB 13 MAR XINGANG SHANGHAI INDUCEMENT CALL P KELANG INDUCEMENT CALL HK. P GUOANG. BELANAN. TG MAN XIAMEN. HUANGPU UTAMA HARTA If WEEKLY FUU. COWTAINCR&HIP FEEDER J VESSEL NAME VOY
      522 words
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      Page 32 Advertisements Column 2
      1245 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 fMWI SW ILK HAU SEA YYf Dl ft* SW IIM HAUL SAV 1M HYC HANJM MOHSUNG 019 C 24/2 MKCI 14/3 17/3 11/3 HAN« ROMAIC 15« n 2 M IWOfl OIK 30/3 11/3 1/4 HANJM 10NGKACH
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      1355 32 Ci 9 "IH I ml «st mt uc ras WI m rsy av iyo ui cks bm nyc lhv mm *om r» wc ra cm m w I II aow a t 2 ii i/i 'M 'lyi 'i/i 'i/i !M H/i i',l M 4 n 4 »/< u/J »/s »/i
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      3198 33 VARNA (BULGARIA) COHSTMTZA (ROMMI A) VIA UMASSOL I S SAILING mi MONTH Www*'! Somorol AiMtc Tot <G*n*rtl): *****00 Solos. Booking: Agoncy Oopt: mSTAD QUIPPIMr PTC I rn f'» |C"« 4 CmMmt: 4}OSUI/M4 CMIJiMf Src Byl: *****02 Oporalton Cml<Mw: 4;***** tci v I .i r,t l U Tolo*: ***** COSHIP Conrontion.
      3,198 words
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      481 33 <(£ 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 GLOBELINK FORWARDERS
      481 words
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      1202 34 IMI II I VESBEL *m JKT HI i BHATRA BHUM 69S„_ Sat 18/2 Tua 21/2 |NTRA Fri lln Pt Jl VESSEL VOY SIN BKK VIRA BHUM 122S Sun 19/2 Thu 23/2 1= D 991 W v«- .4 INTRA BHUM 5029 Mon 20/2 W*d 99/9 WANT A BHUM 232N Sat H/2
      1,202 words
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      905 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0 M STRAITS SHUTTLE SERVICE S PORT KLANG PENANG «SSQ VOY SW PKL VOY SW PoTT" SEA lAUREL 362N 16 2 (THU) 17 2 'fWi MCC CONVEYOR SOU 17/2 IFRI) 19'2 (SUA) 4 _£*52 18/2 (SUN) XOOR JAY* *****
      905 words
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      951 35 (PACIFIC INTERNATIONAL LINES (PTE) LTD I iSSsSSS! K l4O Cecil Street, #03-00 PIL Building, Singapore 0106. CR NO **********0E I 1.-■,.■,■"■ I VOV SIN CMS JIB HOO JED AQJ AOE PZU MSW ASA KOTA BERLIAN BRL27P 18/2 22/2 2S/2 2/3 4/3 8/3 18/3 22/3 24/3 I K T KOTA BERK
      951 words
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      913 35 VESSELS VOY SM If HAMK HAAOUtG ThaWs ROT TIRO AM AMTNCRP ftU 0 HTIMU HO7N 23/02 15/03 17/03 19/03 20/03 21/03 Wilt DC ITRA TO7W 02/03 22/03 24/03 20/03 27/03 20/03 Milt DC *CLA WO7W 00/03 20/03 31/03 02/04 03/0* M 04 Wilt 0C UTAH* IMW 05/ M 07/ M
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      589 35 1 BSfl jT M MYANMA «BBk FIVE STAR LINE C (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIf Pen P Gd| MP* AN 12Q/n 22/24 Fab PATHUN VI3IW 27/01 Mar PAGAN V2ISW 21/01 Mar MALAYSIA AGUII BOUSUAO SWPMS MXJtCCS MA TU #2 03 24 W 300 NU TU
      589 words
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      647 38 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: R3 ***** RISHIP (3 Lines) CR NO.: **********0E """accept!^ "vwws Voy ETA Loading For 8pof« Andioet 38WB 12/04 Mombasa. Onbouli Assab. Massawa Abbay Wonz 43W8 08/05 Mombasa, Djibouti Assab. Massawa Kim t ON I \IV KRLSKI) KKt.l
      647 words
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      943 38 i pupumm I AFGHANISTAN^Tn^MgIwi^ I Hairatan. Torghundi. Islamqaia (Ooqharun) I MWMCJcMWm C.1.5./RUSSIA: Alma Ata. Ashkhabad. Baku. Dushanbe. I I Llilit™»i- I Uun/«H Irkutsk. Khabarovsk. Krasnoyarsk. Korsakov. Moscow. I |""nZcf oi MUnCTI Novosobirsk. Sochi, Tashkent. Tbilisi. Vladivostok. Vostochny I International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE
      943 words
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      110 38 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD ttft ii« it* 9on mi KUMG FIMHC nut MR Sailed SMI loading lot Mai* *UV»I HJDMU 22/2 Loading lot Ovbai OOimM 26 2 loading foi Md* men suwtw 2»/2 loading For Matt UMCtOH 21' 2 loading Foe Male ntOOBSS IBERTT 2/3
      110 words
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      330 38 i«P»a«££?| PENANQ: (04) *****6 BANGKOK (60S) *****57 MANILA (632) 81M0J1 f P.KELANQ: (03) *****77 JAKARTA: (21) *****07 3URABAYA'|3I) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS WEEK PEN PK SIN 17/2 18/2 19/2 HKG/BKK/KEE/KHH Gburf/Chaien/Shokn/Oslo 19/2 20/2 21/2 20/2 21/2 22/2 HKG/BKK/KEE/KHH Piraeus 25/2 26/2 27/2 24/2 25/2 26/2
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      185 39 AC SINO EXPRESS SHIPPING (PTE) LTD. MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. 7 TEL: *****90 (4 LINES > FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKG/SHAI STORE HKG SHAI VESSEL VOY ETA ETD ETA I ETD ETA I ETD J. FASTER 901/902 25/2 26/2
      185 words
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      Page 39 Advertisements Column 2
      1354 39 KSai STORE P KIMS PENANG lEH SOU MM CM (ID DMT D VESSEL PKI STOM MRS FUSAN MT KNN MKU MO TTO M AMERICA MIS 14.12 13 02* IMP 04 03 0513 0103 HU «H 17.03 71.U W FUROPA IMS ISM It 02 2102 2102 27 02 01 03 M)
      1,354 words
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      1566 40 IF YOU HAVE THE CARGO WE HAVE THE CAPACITY! Vessel Voy ETA ETO DESTINATIONS Neat Week PANAMA Next Week 6TH STRING M—— MARCHEN MAERSK V 9504 ARTHUR MAERSK V 9604 CY 21/2 0800 MRS CV 22/2 1200 MRS ATI BAL CHS CL2 LGB MEM MIA NYC OAK PHL IQO CFS
      1,566 words
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      823 40 11 MMloyd FULL CONTAINER SERVICES I. D H*DM M-M ~II»21! 01 iTi>7 I? Oi 1< 0) 29 0) I .>1 I 0 l»»l »0'» XII 21 V »2 0) !1 01 OJ 2% 0) 11 Oj I.lo] I D Kit WH 04 0) MO) WO3 nOl 11 0) o.' 04
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      688 40 vm.mm.J TO E. CANADA US ATLANTIC US GULF HALIFAX N YORK NORFOLK N ORLEANS MOBILE TAMPICO HOUSTON HOEGH DUKE 0528 21/22 Feb 23/24 Feb 2 Apr 5 Apr 8 Apr 14 Apr 17 Apr 20 Apr 25 Aor HOEGH MIRANDA 0728 13 Mar OPT 21 Apr 24 Apr 25 Apr
      688 words
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      608 41 Hi ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BMAKBUK SOC CMGOfS 10 FROM OSAKA. YOKOHAMA. NAGOVA. M 0». TOKYO*. MANKA*. OAVAO*. Penanj* P Kelang Srgapore E'Msia* KARABIVERETT V2IE 27/28 Feb 01/02 Mar KAMALEVERETT V2SE 16/17 Mar KARABIVERETT V22E 20/21 Apr ACCEPTING BKAKBUK/FCL/SOC CAHGOtS TO/FROM CHHTAGONG. CALCUTTA ANO MONGIA* Smjapore P.
      608 words
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      193 41 S GioBY BSBtB croup m 4*/* REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES' 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
      193 words
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      596 41 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE vtssti vor sm Karachi HYDERABAO 137 HW 21/02 2/03 ISUMABAO 132 HW 27/02 01/03 SARGOOHA 153 HW 12/03 21/03 MAKRAN IStHW 17/03 27/03 rn Ml CMI CUf NUTS SMECI TO WUaMNT FAR EAST CONTAINER SERVICE ONLY ttSStT ""vo7* BSN TO*™™ HYDERABAD
      596 words
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      730 41 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL/VOY ETA SIN ETA MAA MV TIGER ISLANO VI29N 17-18/02 23-27/02 MV SEA OHAGONVDRGO4I 17 18 02 23-02/03 MV TIGER BRIDGE V3I7N 19 20/02 26 02/03 MV PRAVDtNSK Vl3 23 24/02 Ol 02 0 3 MV TIGER BAV VI3O 24 25 02 02-06/03
      730 words
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      315 41 SIN FAR EAST 21/2 KEELUNG/KAOHSIUNG 19/2 BANGKOK 21/2 MANILA/CEBU 19/2 JAKARTA/BELAWAN/SURABAYA 20/2 PORT KELANG/PENANG/E. MALAYSIA 19/2 BUSAN 19/2 TOKYO/YOKO/KOBE/NGO/OSA 19/2 HONG KONG SjN CHINA (*QB#±*Sn) 19/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN 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
      315 words
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      1110 42 rr 1 fixed WEEKLY Tel: 261-3595 1 :i! HSIBr H MELBOURNE 1 y} GP SHIPPING pte LTD I Call: Kenny/Mas/Peter mmttmmmmttw—nwn—otwi—>m >—————< i—own——mmmm-tr if -if• n mo —m mmmm t' otmnnmni F^—~" I STAR SHIPPING AGENCIES (S) PTE LTD AGENTS FOX ZIM CONTAINER SERVICE GOLD STAR LINE LTD SETH SHIPPING
      1,110 words
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      Page 42 Advertisements Column 2
      444 42 y Conform CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 26 FEBRUARY (Accaptmg to all Maw Zealand porta) PfNANG 21 FEB JAKARTA 19 FEB PORT KLAN6 23 FEB BANGKOK 21 FEB MANILA 22 FEB MELBOURNE 22 FIB STDNET 22 FEB BRISBANE 6 MAR FREMANTLE 23 FER AOELAIOE 23 FER I^^gotiSNßOßG^^jSTE^^^^l 'ACCEPTING TO
      444 words
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      Page 42 Advertisements Column 3
      1189 42 CONSOLIDATION IO LIMASSOL i A FIRST HMTOAKDER IN J ACCEPTING LCL CARGO AT asia awarded ISO 9002 BV LRQA ATTRACTIVE RATES Transhipment available to Beirut, Lattakia via Limassol I sfeii I Call Te at DID: 277 1064 for bookings NOW!!! Singapore *****6* 272 9838 wawMMt so rgian J n A,so
      1,189 words
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      1689 43 W SUNSHip AGENCIES PTE LTD I 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 K. Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R m Y.S.N. L'"*"— V»»—l Voy Hong Kong Smgjpoie P. Keling Pwwig SUf RuCy 5 Sailed Sailed In Port 18-18/2 Sea GaUnt 39 Sailed 21-8372
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      Page 43 Advertisements Column 2
      384 43 /g§\ CEYLON SHIPPING CORPN National line of Sri Lanka cs r DIRtCT CONTAINERISED SERVICE TO IK AND NORTH CONTINENTAL PORTS Iwrfil— WIMM HORBICR6 WO7 I 22/2 IVt 11,1 M/l 21/3 md tmmm otow mi in wkmm tmm won i/i «/3 »/i rm mi MP) BMgIORA Mil 4/3 1/3 ft MOtlMfO
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      Page 43 Advertisements Column 3
      697 43 II ETA RDM 06/03/95, FLX 07/03/95, II H BRE 09/03/95, LEH 11/03/95 l| I Conwacttm CMNornta Mercurj 6S M NRG H/03/93 HI VtSMt LO% STT ATL CCC HOtl WPH PLD TOR MON KASOOA i 41E 33/02 '"03 13/03 I IS/03 I ft/03 <7/03 IS/03 'S/03 16/03 16/03 21/Q3 21/03 CALIFORNIA
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      1580 44 'VjV' AMERICAN PRESIDENT LINES, LTD. 19 HEPPEL ROAD •03-01 JIT POH BUILDING SINGAPORE 0208 TEL 225-9966 Fai 221 4922 ALSO OFFERING SERVICE TO/FROM •PRC *CIS 'VIETNAM *EAST RUSSIA 'CARIBBEAN *LATIN AMERICA *EAST MEDITERRANEAN L CALL 225-1-225 FOR BOOKING OR ENQUIRY TO NORTH AMERICA CANADA WEEKLY CONTAINERIZED SERVICE J msgiKOTitg IKMI
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      Page 44 Advertisements Column 2
      2003 44 K" AS AGENTS: LINE (SINGAPORE) PTE LTD (CD NO: *****7J0000M/GST REG NO: R2-*****99-6) m TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W m 1 |%J MALAYSIA LINE MARITIME (MALAYSIA) SON BHO Mm* JL SU TEL SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 INDONESIA P.T. SARANA LAUT
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      Page 44 Advertisements Column 3
      140 44 I BANGLADESH SHIPPING CORPN. j REGULAR SERVICE TO/FROM CHITTAGONG VESSEL VOYAGE CrtTTAGOMC SINGAPORE MOWGLA CHTTAGONG J BANGIAR MOW 42W 12 02 H/02 2S/Q2 BANGIAR RO6I 45W 18 02 2t/02 04 03 BANO.AR MOW 43W 26/02 05/03 11/03 13/03 J BAWGIAR ROW 46W 06/03 12/03 20/03 l«/Q3 BANGIAR MOW 44W 13
      140 words
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  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      506 45 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [rm Tpm pgd vessels voy sin rtm ant leh ham~| mf] fel 15/02 17/02 18/02 H. CHALLENGER 314W 20/02 10/03 12/03 11/03 12/03 12/03 14/03" 22/02 24/02 25/02 H. PIONEER 313* 27/02 17/03 19/03 18/03 19/03 19/03 21/03
      506 words
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      Page 45 Advertisements Column 2
      401 45 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE I RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS I ETA It TO KSSU ¥0Y SIN P* LOADMG FOR MOW A IWIINI 28/2 IM 24/2. TANIONG MAMS 29/2 BWTU.U 21/2 ocean aim 10 n/2 mi bangaok i/j WXOtN
      401 words
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      Page 45 Advertisements Column 3
      573 45 JEDDAH/UK/CONTNENT I I SWRE ID S lON HDURG A DAM LEH Aha Acctplm Carn For n\ 77/2 .f/1 li'J 13/3 IS/J Soutt, n P'<> r :tojl LN dutiubon Bdfast and DuMn MMniIWSN/W nil L/i !J/l m/? totter dam :to al Antwerp Aimterdam. Chlo IMiti 307 4/1 JJ{ 3 WJ W/3
      573 words
  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      317 45 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 26 2.7 2.5 2.0 1.4 1.0 0.7 0.7 09 1.3 2.0 2.7 3.1 3.1 28 2.3 1.5 10 06 04
      317 words
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