The Business Times, 21 February 1995

Microfilm: NL19772
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNO W ASIA* MITA(P) 194/12/94 Tuesday February 21 1995 85*
    13 words
  • 2am LATEST
    • Article
      Lock icon Airbus to deliver 130 planes this year
      41 1 Reuter PARIS European aircraft maker Airbus Industrie is contracted to deliver 130 planes this year but managing director Jean Pierson yesterday warned that the firm is never sure until delivery actually takes place. Reuter
      Reuter  -  41 words
    • Article
      Lock icon Launch of Anglo-Irish framework
      40 1 AFP LONDON Prime Ministers John Major of Britain and John Bruton of Ireland will formally launch their longawaited Anglo-Irish framework document on the future of Northern Ireland tomorrow, sources here and in Dublin said yesterday. AFP
      AFP  -  40 words
  • Article
    MARKET SUMMARY
    171 1 Stock market indices Monday Change STII 2,116.78 -20.35 KLSE Comp 986.50 -8.74 Nikkei 17,956.48 -64.03 Hang Seng 7,906.74 -136.27 SET Index 1,296.99 -7.28 Jakarta Comp 454.03 +0.89 Manila Comp 2,589.86 -19.21 Taipei WP1 6,612.97 -37.32 Seoul Comp 929.23 +19.79 Bombay BSE30 ..3,358.73 -25.16 CLSA China B 821.86 -3.03
    171 words
  • Article
    Bapepam takes underwriters to task over battered IPOs
    507 1  -  From Leslie Lopez in JAKARTA INDONESIA'S securities watchdog body, Bapepam, has ordered nine underwriters to explain why the share prices of companies they had taken public in 1994 have suffered badly and are now trading at more than 25 per cent below
    507 words
  • Article, Illustration
    Lock icon US$-yen at its lowest since October
    463 1  -  From Anthony Rowley in TOKYO AMID predictions that the US dollar faced a "crisis of confidence", the US currency dropped to 96 yen at one point in Tokyo trading yesterday its lowest level since last October. It also slipped against European currencies. After closing
    Source: Bloomberg  -  463 words
  • Article
    US$ steady against S$, hits 2-year low against mark
    178 1 SINGAPORE The US dollar held its ground against the local dollar yesterday, despite falling to a two-year low against the German unit. The US dollar started at S$ 1.4515 in the morning, fell to a low of S$ 1.4505 in the
    178 words
  • Article
    Lock icon NBT's new acquisition plan rejected
    308 1 NST, Reuter KUALA LUMPUR The Sabah Foundation's board of trustees has rejected the North Borneo Timbers Bhd's (NBT) new proposal to acquire 60 per cent of Sabah Softwoods Sdn Bhd and 100,000 ha of the foundation's land for reforestation. The foundation's trustees, who made the
    NST,; Reuter  -  308 words
  • Article
    C-class Merz buyers can pick and choose as speculators bail out
    328 1  -  By Ramesh Divyanathan SINGAPORE How things have changed. Prospective buyers of Mercedes Benz cars, who until recently had to wait about a year for their cars, can now afford to pick and choose. Sources said two models in the
    328 words
  • Article, Illustration
    Lock icon Ekran shares hit limit-up on nod for Bakun project
    503 1  -  From Ruth Wong in KUALA LUMPUR EKRAN Bhd stock surged in the first minute of trading yesterday to hit the 30 per cent limit-up following an announcement that the company had secured approval to start work on the Msls billion (SSB.S
    Source: Bridge Info  -  503 words
  • Article
    Regional shares slide after Dow's overnight fall
    251 1 SINGAPORE Local shares retreated yesterday on the back of an overnight fall on Wall Street, dragging the Singapore Straits Times Industrials Index 20.35 points down to 2,116.78. Trading was focused mainly on Malaysian counters traded on Clob International. Dealers said that institutional interest
    251 words
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      148 1 m PREVENTS SWEAT RASH j AND CHAFING! effect 3B Available at pharmacies and supermarkets Ners Companies S pore News 2 S'porHTsia 17.18.19 Regional News 3,4,6 Financial 20.21 World News 7.8 Futara Markets Analyse 15 Ctob/KLSL SLS 24-26 Editorial 14 Regional 22 Sports 11 World 23 TV/Utestyle 13 Currencies 20 Property
      148 words
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      26 1 Property: Pg 9 Solving Asia's building puzzles KL airport grapples with congestion at warehouses, Pg 3 Share trading in Deng-linked Shougang companies to resume, Pg 16
      26 words
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      Page 1 Advertisements Column 3
      13 1 Hock Lock Siew: pg 17 What's par value got to do with it?
      13 words
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      105 1 PREVENTS SWEATY SMELLY FEET! H pTfff fEii rl n i IT RKALLY WORKS! Available at pharmacies and supermarkets Bottom Line: Pg 16 What the world need fm —*W 0 We don't want English that is good enough for use only in factories. Q JH Malaysian Prime Minister Mahathir Mohamad defending
      105 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Premiums up 13.4% in nine months
        251 2  -  By Soh Tiang Keng SINGAPORE'S insurance industry turned in another robust performance last year, government figures show. Statistics from the Monetary Authority of Singapore show that in the first nine months of 1994, gross premiums for general insurance rose 13.4 per cent year on
        Source: MAS  -  251 words
    • Article, Illustration
      Lock icon Compaq gets OHQ status, plans to invest $185m more here
      309 2  -  By David Mok COMPAQ COMPUTERS Asia-Pacific arm was awarded Operational Headquarters status yesterday by the Economic Development Board. Lim Soon Hock, Compaq's Asia-Pacific vice-president, said the company would pump $35 million into infrastructure development for the OHQ over the next
      Photo by Arthur Lee  -  309 words
    • Article
      New faces expected to make up half of Chinese chamber's new executive committee
      393 2  -  By Teh Hooi Ling THE Chinese Chamber of Commerce and Industry will be see a rush of fresh blood into its ranks of leaders as about half of its new executive committee are expected to be new
      393 words
    • Article, Illustration
      Lock icon NTUC widening membership drive to include executives
      367 2  -  By! Ven Sreenivasan THE National Trades Union Congress (NTUC) intends to broaden its membership base to boost its flagging membership numbers. The latest issue of NTUC News Weekly says NTUC Sec-retary-General Lim Boon Heng has suggested that unions expand their target membership beyond
      Source: NTUC News Weekly  -  367 words
    • Article
      US clinical research firm to open Asian office in S'pore
      195 2 US-BASED clinical research firm Quintiles Transnational Corp will open a regional office in Singapore to provide biopharmaceutical research services to customers in Asia. The services of Quintiles' regional centre its first in Asia will include clinical trials management, biostatistical analysis,
      195 words
    • Article
      First S'pore cable TV programmer promises no sex
      417 2  -  Entrepreneur Robert Chua clinches deal with offer of wholesome entertainment By Catherine Ong "NO SEX, no violence and no news'*. This is what the first programmer to win a contract on Singapore cable television promises although, ironically, his creativity extends to an
      417 words
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      Page 2 Advertisements Column 1
      272 2 Stremler FRAMELESS SHOWER SCREEN Condominium.& Private Housing projects Individually designed Spring tension to swing inwards, outwards and to self dose Increases sense of space within the bathroom Available in Bmm 10mm tempered glass c/w stainless steel, satin, brass, gold, finest quality hinges and accessories #-A. SINGAPORE INSTITUTE OF MANAGEMENT yTRATHCLYDE
      272 words
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      Page 2 Advertisements Column 2
      27 2 STRAIGHT TALK You shouldn't have to read between the lines .fC^TtTTTTf to get the full picture. Companies Markets. Everyday. SINGAPORE r■ 1 Business Times WE KNOW ASA
      27 words
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  • SOUTH-EAST ASIA
    • Article
      Suharto warns of curbs in face of diminishing farm land
      345 3  -  From Leslie Lopez in JAKARTA PRESIDENT Suharto yesterday said his government may impose limits on land ownership to prevent sharp falls in agricultural land and reduce mounting property speculation. Speaking to officials of Indonesia's national land agencies yesterday, Mr Suharto
      345 words
    • Article
      Lock icon Johor gives assurance about water supply to Singapore
      210 3 Bernama JOHOR BARU The Johor government yesterday reiterated that Singapore should have no problem getting untreated water from Johor as long as ties between Singapore and Malaysia remained good. Mentri Besar Muhyiddin Yassin gave an assurance that Johor would continue supplying water
      Bernama  -  210 words
    • NOTE BOOK
      • Article, Illustration
        Lock icon Tree hazard
        48 3 Reuter KUALA LUMPUR A stunned woman clasping her head in shock after her car was crushed by falling trees on a busy street here yesterday. Soil erosion due to rapid development in the city has led to many trees being uprooted, causing one death so far.
        Reuter  -  48 words
      • Article
        Ramos to open BOT Asia conference
        82 3 SINGAPORE Philippines president Fidel Ramos is scheduled to present the opening address at the three-day build, operate, transfer (BOT) Asia 95 conference that opens in Manila next Monday. The conference, organised by the Singapore-based Institute for International Research, will focus on BOT opportunities throughout
        82 words
      • Article
        Terengganu claim date set
        34 3 KUALA LUMPUR The High Court here will hear next Monday an application by the Sultan of Tcrcngganu's cousin, Ali Sultan Sulaiman, for a declaration he is the state's 14th ruler.
        34 words
      • Article
        M'sian resources feeling strains: group
        43 3 KUALA LUMPUR The Malaysian economy, which has registered growth of more than 8 per ccnt annually for the last seven years, is experiencing strains on domestic resources, said Association of Chinese Chambers of Commerce and Industries of Malaysia.
        43 words
    • Article
      KL airport grapples with congestion at warehouses
      608 3  -  By Amy Balan SINGAPORE After having to deal with fires, thefts, radar problems and security breaches, the Kuala Lumpur International Airport (KLIA) at Subang now has to contend with severe congestion at its bonded warehouses. The congestion is caused by inadequate storage space
      608 words
    • Article
      Mahathir meets businessmen in lively dialogue
      522 3  -  From Ho Kay Tat in KUALA LUMPUR IT MAY BE the fasting month, but Prime Minister Mahathir Mohamad yesterday showed the indefatigable side of him, what with a general election widely expected to be around the corner. Standing on his feet for three hours,
      522 words
    • Article, Illustration
      Lock icon Malaysia's first electric train
      70 3 AFP KUALA LUMPUR A station master standing beside Malaysia's first electric train during a trial run at the Sungai Buloh Railway Station yesterday. The train, designed and manufactured by Austria's Jenbacher Transport Systeme AG, will be commissioned in August this year. It is expected to run
      AFP  -  70 words
    • Article
      Lock icon Indonesia inflation seen under 10% despite crop woes
      236 3 Knight-Ridder SINGAPORE Indonesia's inflation is likely to remain under 10 per cent again this year despite fears adverse weather conditions could threaten key food crops. Many parts of Central Java have been literally under water these past few weeks, and the toll
      Knight-Ridder  -  236 words
    • Article
      Lock icon Indonesian fleet on trail of Aussie sea slugs
      275 3 AFP PERTH A huge fleet of Indonesian fishing boats is planning to "invade" Australian waters in April in search of sea slugs, a newspaper here reported yesterday. Fishermen in Kupang. West Timor, had said they were prepared to risk jail and even
      AFP  -  275 words
    • Article
      Lock icon Merrill shifts emerging market funds from M'sia to Brazil
      213 3 Reuter LONDON Merrill Lynch has shifted some of its global emerging market portfolio out of Malaysia into Brazil, which appears to have been jolted into speeding up economic reform by events in Mexico. Merrill chief international strategist Charles Clough said: "We
      Reuter  -  213 words
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      36 3 MY32MAHARAJAS AT YOUR SERVICE FROM SINGAPORE WEEKLY TO INDIA 2 TO BANGALORE 2 TO TRIVANDRUM 4 TO DELHI 8 TO MADRAS 12 TO BOMBAY TO INDONESIA 2 TO JAKARTA TO AUSTRALIA 2 TO PERTH MM*KM MM*
      36 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China raked in record 7b yuan income taxes last year: report
      645 4 Reuter Bloomberg Business News BEIJING China collected a record 7.25 billion yuan (S$ 1.2 billion) in personal income tax in 1994, a jump of 55 per cent compared with 1993 but averaging just US$O.72 (Ssl) for every Chinese, the
      Reuter; Bloomberg Business News  -  645 words
    • Article, Illustration
      Lock icon The real things
      76 4 AFP BEIJING Men unloading IBM personal computers at a shop in Zhongguancun, also known as China's Silicon Valley, earlier this month. The Xinhua news agency announced yesterday that more than 30,000 fake Maxell computer disks were seized last week in a raid on markets here as trade
      AFP  -  76 words
    • Article, Illustration
      Lock icon Deng's daughter says Jiang more than transitional leader
      318 4 Knight-Ridder HONGKONG The daughter of Deng Xiaoping said her father is in "good health" and dismissed speculation that President Jiang Zemin will only be a transitional leader after the death of the elder statesman, according to an interview in the latest issue
      Knight-Ridder  -  318 words
    • Article
      Lock icon HK dollar to stay after 1997: Bank of China
      201 4 Bloomberg Business News HONGKONG The Hongkong dollar will continue to be Hongkong's currency even after the territory reverts to Chinese sovereignty in July 1997, a senior Bank of China (BOC) official said. Lin Guangzhao, deputy chief executive of the bank's Hongkong-Macao
      Bloomberg Business News  -  201 words
    • Article
      Lock icon Doing business from Hongkong without being there
      342 4 AFP HONGKONG Businessmen interested in the China market can now do business from Hongkong without ever going to their office in fact without even being in the territory at all. Thanks to a new service being offered by a few business centres here,
      AFP  -  342 words
    • Article
      Lock icon US$1b Beijing-US agreements signed
      488 4 Reuter SHANGHAI United States Energy Secretary Hazel O'Leary yesterday witnessed agreements worth more than US$l billion (551.45 billion) being signed here, but most were vague promises since real business was stuck in Chinese red tape. Eight agreements were signed by US companies represented in Ms O'Leary's
      Reuter  -  488 words
    • CHINA WATCH
      • Article
        Lock icon HK unemployment rate at 2.2%
        72 4 Knight-Ridder HONGKONG Hongkong's provisional unemployment rate for the November-to-January period rose to 2.2 per eent from a seasonally adjusted October-to-December rate of 2 per eent. the government's Census and Statistics Department said yesterday. "The latest figures suggest that the labour market remained generally tight in
        Knight-Ridder  -  72 words
      • Article
        Lock icon Hongkongers optimistic about future
        56 4 AFP HONGKONG Most Hongkong residents arc confident the territory would remain prosperous and stable in the run-up to China's takeover in 1997. A bi-monthly government poll conducted last month by the Home Affairs Branch showed that 57 per cent of the 1,493 individuals interviewed were confident
        AFP  -  56 words
      • Article
        Lock icon China plans banquet tax
        70 4 Bloomberg Business News BEIJING China's rich will be forced to serve their country when they gorge on delicacies under a proposal to tax banquets to fund education, the Xinhua news agency reported. Sun Puling, a senior official of the government's advisory body, the Chinese People's Consultative
        Bloomberg Business News  -  70 words
      • Article
        Lock icon Satellite caused Apstar-2 blast: report
        80 4 Bloomberg Business News HONGKONG Last month's explosion of the Apstar-2 satellite and Chinese-built Long March 2E rocket must have been caused by the satellite, according to Ta Kurt# Pao, a pro-Beijing Hongkong newspaper. The newspaper said it had an "aerospace expert" examine photographs taken at
        Bloomberg Business News  -  80 words
      • Article
        Lock icon Taiwan exports grew 12% in January
        73 4 Reuter TAIPEI Global economic recovery helped push foreign orders for Taiwanese goods to U557.97 billion (S$ 11.5 billion) last month. 12.28 per cent more than a year earlier, the Economics Ministry said. "Due to global economic recovery, our January export orders growth showed five
        Reuter  -  73 words
    • Article
      Lock icon Chinese detest graft but willing to pay bribes if interests at stake: polls
      351 4 Reuter BEIJING China may be fighting a losing battle against corruption, with surveys published yesterday showing that a majority of people detested graft but were willing to pay bribes if their interests were at stake. A poll
      Reuter  -  351 words
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      120 words
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      20 4 r oo^v Didn't you know? I read it in (faWlKtm. Catch Cats' Mawt in Sunday Claisifiad this waakand. CATS. I
      20 words
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      Page 4 Advertisements Column 3
      193 4 12nd Annual PAN ASIA■ WAREHOUSING, DISTRIBUTION LOGISTICS CONVENTION j The warehouse is an integral part of the organization's marketing j| customer service operations. This convention will identify how a company can develop its warehouse distribution facilities and gM achieve improved profitability and customer satisfaction. Tj Major Benefits: Df Implement efficient,
      193 words
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      614 5 Trust Lexus engineers to invent a new leind of silence. (A nJ you. thought you <1 heard it all lefore.) I 'lj L_, I I it comes to silence, Lexus engineers seein create the most salubrious of aural surroundings. place to hold one. For not one of those subtle sounds
      614 words
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  • REST OF ASIA
    • Article
      Lock icon New Zealand govt to spell out long-term fiscal targets
      424 6 Reuter WELLINGTON New Zealand Finance Minister Bill Birch will spell out on Thursday long-range fiscal targets and conditions for future tax cuts which analysts said should be acceptable to his caucus and to financial markets. Interest in the Budget Policy Statement
      Reuter  -  424 words
    • Article
      Lock icon S Korea's central bank could win independence
      257 6 Finance Ministry proposal seen as first step before nation's entry into OECD AFP SEOUL South Korea's contra! bank will gain independence from political and government pressures, a legacy of past dictatorships, if a report submitted yesterday is approved, government officials said. The unprecedented
      AFP  -  257 words
    • Article, Illustration
      Lock icon Not the Reich way
      43 6 Reuter SEOUL South Korean President Kim Young Sam's trademark wave which some say resembles a Nazi salute and which his aides are now trying to change. Mr Kim normally raises his right arm stiffly and waves it slowly. Reuter
      Reuter  -  43 words
    • Article
      Lock icon Aussie inflation to hit 3.5% in 1995-96: survey
      158 6 KnightRidder CANBERRA Australia's headline inflation rate will rise to 3.5 per cent through 1995-96 (Juiy-June) as strong demand fuels import growth, according to a survey released yesterday by the Business Council of Australia. In the half-yearly survey of 56 industries. BCA members
      Knight- Ridder  -  158 words
    • Article
      Lock icon Aussie minister seeks to consolidate closer ties with Malaysia
      333 6 Reuter KUALA LUMPUR Australia's once-fractious ties with Malaysia are now much closer and more comfortable, Australia's Foreign Minister Gareth Evans said yesterday. In remarks ending a fourday visit to Malaysia. Mr Evans said bilateral ties were as "close and as comfortable
      Reuter  -  333 words
    • Article
      Lock icon Australia aims to help social development in Asia-Pacific
      248 6 AFP SYDNEY Australia aims to have a key role in developing social policy among the fastgrowing economies of the AsiaPacific region. Deputy Prime Minister Brian Howe said yesterday. Australia would concentrate debate on the region when it attends the UN World Summit
      AFP  -  248 words
    • ASIA NOTES
      • Article
        Lock icon Bangladeshis in US immigration bid
        62 6 AFP DHAKA Hundreds of thousands of Bangladeshis are cramming the country's post offices to submit their entries for the latest US immigration lottery, postal officials here said yesterday. According to the Dhaka General Post Office, around 12,000 letters are being mailed daily to the US
        AFP  -  62 words
      • Article
        Lock icon Additions to India's power capacity
        45 6 Knight-Ridder BOMBAY Additions to India's power capacity in a five-year period ending March 1997 will be 20,730 megawatts, nearly a third less than the government's target, the country's Planning Commission said, according to the United News of India yesterday. Knight-Ridder
        Knight-Ridder  -  45 words
      • Article
        Lock icon Fewer drought areas in Queensland
        66 6 Reuter BRISBANE More rain in the Australian state of Queensland over the weekend could prompt authorities to cut the number of state shires officially in drought by four to 41. state Primary Industries Minister Ed Casey said yesterday. Mr Casey said in a statement that
        Reuter  -  66 words
      • Article
        Lock icon Pakistan plans hydrocracker project
        47 6 Reuter KARACHI Pakistan is set to build a US$5l6 million (SS74B million) hydrocracker project in a joint venture with Crescent Petroleum International of Sharjah. Officials said reduction in imports of refined products would save Pakistan USSIOO million a year in foreign exchange. Reuter
        Reuter  -  47 words
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      483 6 TIMES LIFESTYLE ffl> EXCLUSIVE (Experience 120 years oi watetmaking^i^K^; tradition Audemars MuseumJ^^P) La Vallee de Joux in the Swiss Jura, some 50 km north of Top Prize: A fascinating SD/4N trip to Switzerland for two by Geneva, is the cradle of the watchmaking art. It was here Business Class. Highlights
      483 words
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  • THE WORLD
    • Article
      Lock icon German deficit to fall as growth surges in east, say economists
      538 7 Reuter BONN Resurgent economic growth in eastern Germany will help reduce Bonn's fiscal deficit over the next few years, but restoring the virtually balanced budgets seen before unification in 1990 will be difficult, economists said. "Among the major industrial
      Reuter  -  538 words
    • Article
      Lock icon US recycling turns profitable as markets heat up
      473 7 AP SEATTLE Garbage was never so precious. The American recycling industiy, after faltering for years despite public enthusiasm for recycling, has finally hit its stride. Demand is high for nearly all recyclables, and prices have soared for used paper, cardboard, aluminium cans
      AP  -  473 words
    • Article
      Lock icon EU presses on with single currency groundwork
      450 7 KnightRidder AFP BRUSSELS European Union finance ministers yesterday endorsed a strategy designed to keep the prospect of a single currency in 1997 alive despite Britain's insistence that this was practically and politically impossible. Commission president Jacques Santer. presenting the EU executive agency's work
      Knight- Ridder; AFP  -  450 words
    • Article, Illustration
      Lock icon All the presidential men
      55 7 Reuter MANCHESTER, New Hampshire Potential Republican presidential candidates {from left commentator Pat Buchanan, Senator Phil Gramm, senator Arlen Specter, Senate Majority Leader Bob Dole, former governor Ijimar Alexander, senator Bob Dornan, former ambassador Alan Keyes and senator Richard Lugar symbolically putting their hands together here at
      Reuter  -  55 words
    • Article
      Lock icon S Korean firm wins landmark legal battle in Saudi Arabia
      271 7 Reuter DUBAI A landmark legal battle won by a South Korean company against a Saudi government department should help ease fears of foreign firms dealing with the conservative kingdom. A lawyer for Hyundai Engineering and Construction yesterday said the Grievances
      Reuter  -  271 words
    • Article
      Lock icon Europeans assess damage to their Iraq oil facilities
      167 7 AFP NICOSIA Foreign firms have sent teams to Iraq to assess the damage inflicted on its oil facilities in the JanuaryFebruary 1991 Gulf War, the Middle East Economic Survey (MEES) said yesterday. The technical teams were dispatched mainly by European firms at
      AFP  -  167 words
    • WORLD WATCH
      • Article
        Lock icon UK bank lending up £2.9b
        53 7 Bloomberg Business News LONDON Domestic lending by British banks rose £2.9 billion (556.6 billion) in January after adjusting for seasonal variations, the British Bankers' Association said yesterday. That's the largest monthly increase sincc March 1990 and compares with a revised £1.33 billion rise in December.
        Bloomberg Business News  -  53 words
      • Article
        Lock icon German workers vote on strike
        63 7 Reuter FRANKFURT Thousands of German engineering workers streamed to the ballot boxes yesterday to vote on strike action from Friday. Around 165,000 workers at 628 firms in the southern state of Bavaria arc voting whether to hold the first full-blown strike in the major industrial
        Reuter  -  63 words
      • Article
        Lock icon IMF, Russia to re-start loan talks
        62 7 Reuter MOSCOW An International Monetary Fund delegation will arrive in Moscow this week to start a new round of talks on a U556.25 billion (Ss9 billion) standby loan, officials at the IMPs Moscow officc said yesterday. The team is expected to start negotiations with
        Reuter  -  62 words
      • Article
        Lock icon Russian inflation slows to 2.4%: weekly
        62 7 Reuter MOSCOW Russia's inflation rate slowed in the week ended Feb 14 to 2.4 per cent from 3.8 per cent in the previous week, according to figures released by the State Statistics Committee yesterday. Inflation in the first 14 days of February was 6.3
        Reuter  -  62 words
      • Article
        Lock icon Green reporting takes root in UK
        63 7 Rcutcr LONDON A third of Britain's top 100 companies produced separate environmental reports last year and the quality of such reports is improving. Accountancy firm KPMG, in an annual survey yesterday, said 34 of the companies in the FT-SE 100 index published reports on
        Rcutcr  -  63 words
    • Article
      Lock icon France prescribes drastic diet for Credit Lyonnais
      368 7 Reuter PARIS France's conservative government yesterday said that a huge portfolio of industrial assets will be shifted oflf Credit Lyonnais's balance sheet to help nurse the stateowned bank back to health. Anxious not to run into opposition from European competition regulators or face
      Reuter  -  368 words
    • Article
      Lock icon Europe leaders pushing for closer ties with US
      446 8 Move comes amid fears over Congress' 'America First' agenda FT LONDON Europe's leaders are stepping up the search for a new deal with the US to reinforce the political and military ties which have underpinned security on the European continent since 1945.
      FT  -  446 words
    • Article, Illustration
      Lock icon US Congress unlikely to cut social security benefits this year: Dole
      431 8 Bloomberg Business News WASHINGTON Congress will likely refrain from cutting social security benefits this year as it searches for ways to trim government spending. Senate Republican Leader Robert Dole said. "For budget purposes right now, social security is not
      Bloomberg Business News  -  431 words
    • Article, Illustration
      Lock icon Fangs for the memories
      43 8 Reuter NICE, France A giant statue of Dracula the vampire the legendary horror movie character who just vants to suck your blood arriving here on Sunday The statue was part of a carnival celebrating a century of cinema. Keuter
      Reuter  -  43 words
    • Article
      Lock icon US tobacco giants may face biggest-ever class action
      551 8 FT LONDON In the course of more than 20 US court cases since the risks associated with smoking were first recognised, the country's cigarette manufacturers have never had to pay out so much as a cent in damages to smokers. But could
      FT  -  551 words
    • Article, Illustration
      Lock icon Yeltsin forced to share Russian seat of power with several factions
      509 8 AFP MOSCOW The real seat of power in Russia these days is becoming harder and harder to find, with President Boris Yeltsin appearing increasingly at the mercy of conflicting interest groups. Inconsistency in Moscow's handling of the Chechnya rebellion
      AFP  -  509 words
    • Article
      Lock icon British economy to grow 3% over next three years: think-tank
      364 8 Reuter LONDON The economy of the United Kingdom will grow at a rate of some 3 per cent over the next three years, with inflation rising to the top of the government's one to 4 per cent target band, the
      Reuter  -  364 words
    • Article
      Lock icon Recession climbs down from the attic to rattle Argentina
      237 8 Reuter BUENOS AIRES The ugly word "recession", consigned to the attic until two months ago together with other bad memories from the 1980s such as "hyperinflation" and "devaluation", is making a comeback in Argentina. "It's only natural, when you think that
      Reuter  -  237 words
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      Page 7 Advertisements Column 1
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      137 words
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      Page 7 Advertisements Column 2
      171 7 4L^tisißas^M^r~ > v With the Secretariat 1 Week approaching near, are yom wondering what is the best gift to reward your secretaries for all their hard work.? If your answer is YES, why not send them for: The 1995 TOP MANAGEMENT Secretary Convention This convention will enable them to develop
      171 words
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      Page 8 Advertisements Column 1
      242 8 A growing triangle? The Riau islands Batam, Bintan andKarimun-tookoffwith JjTh great fanfare five years ago *£2**. along with the Growth Triangle. What's the picture now? as?*-*- /tbWK ALSO IN THIS ISSUE: Interest rate hikes: What stocks will hurt? I How investors buy stocks, property nj t*n y Japan's painful privatisations
      242 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Solving Asia's building puzzles
      877 9  -  Juliette Walker meets innovative arehitect Kerry Hill Juliette Walker Kerry hill is a wizard with architectural puzzles. Each time he designs a building, he pores over all the pieces environment, culture, climate and building traditions to come up with the best fit. For 24 years now,
      877 words
    • Article
      Modernist buildings with a local flavour
      549 9 KERRY HILL settles into one of the modernist black armchairs in his shophouse-ofTice on Cantonment Road. The architectural guru who started his own firm in Singapore in 1979 has resort. commercial and residential projects taking shape around the region. On any given day, Mr
      549 words
    • Article
      Lock icon Prime Cox's Road site holds clue to HK prices
      643 10 The 4,127 sq m plot is expected to fetch up to HK$l billion SCMF Hongkong The auction of a residential plot in Cox's Road tomorrow will be an important gauge of sentiment in the current property market, being one of the
      SCMF  -  643 words
    • Article, Illustration
      Mini-mart calls it quits in the face of runaway rent
      181 10  -  Text and photo by Arthur Lee ATWO-thousand-dollar rent increase was the last straw for Daichi Foodmart. a thriving mini-mart at Serangoon Gardens. Yesterday, it threw in the towel. Daichi Foodmart opened in Serangoon Garden Way in 1985, paying a monthly
      181 words
    • Article
      Sumurwang in M$2b project
      405 10  -  The complex near Kuala Lumpur will be a one-stop corporate village, and centre for China business. William Chia reports William Chia MALAYSIAN entrepreneur Lim Kim Hong is moving into property in a big way with plans to develop a Ms 2 billion (S$ 1.13 billion) integrated
      405 words
    • Article
      ERA gives clients home warranty
      136 10 Having to cope with major repair bills two weeks after moving into your new home will become a nightmare of the past for ERA clients. Under the property agent's new One-Year Home Warranty Plan, all repair and replacement costs of major home systems and built-in
      136 words
    • Article
      PROPERTY WATCH
      336 10 Selected transactions in the past week Date of "X. TT 1 F Built in area/ Saiaprfca transaction District Project land w (>q ft) Tenuf> (S>) S ptf PRIVATE Feb 13,1995 1542 j Lor H Teiok Kurau I Terrace 1250(2550) j FH '1700,000 955^ T t T I I
      336 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      264 9 Be informed of the Happenings in Singapore through c* A crisp summary of the weeKs major events •>* 7- A in Singapore. The Straits Times Week!/ s offers poitical business, economic vett* .1 and other important news to keep you > updated on the current affairs of Singapore and around
      264 words
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      Page 9 Advertisements Column 2
      146 9 I SMART INVESTORS APPLY FOR PLACES AT UNIVERSITY TOWERS, Melbourne. LUXURY PENTHOUSE PROPERTIES IN THE HEART OF AUSTRALIA'S CULTURAL CAPITAL. Exclusive penthouses from A 5597,000 plus superb 2 bedroom W&W apartments from A 5199,950. Centrally located in Melbourne, Australia's cultural and Fit EE VIDEO financial capital. -PRESENTATION V Minutes from
      146 words
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      Page 10 Advertisements Column 1
      367 10 Ntdii Mrti tiiiiri I iMhrkpiryhnfaMwrf -J?^ v MKkAMwMq £*£LL J MpH»jhin<«li J I a. pq *omiww r—powiwwtT ALL QUESTIONS MUST K ANSWERED 1. EMUn* M^.'-" 1^ 111 *'T'*.V!:lT-* on th. porch— of th« fo«®wfn,T TO QUALIFY FOR A FREE SUBSCRIPTION 01 Power Equ*ment I wtsfi 10 start my FREE subset
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      Page 10 Advertisements Column 2
      89 10 FREEHOLD CONDOMINIUM LAND i I AT FARRER ROAD, DISTRICT 10 Property 8 Townhouses and a Bungalow (Lots 456 1315 Mukim 2) Land Area 4,499.6 sqm (48,434 sqft) approx TCMHCD Plot ratio 1.6 up to 10 storeys under tMDtn Tanglin DGP Closing date: Viewing strictly by appointment only. 3TCII 1 395
      89 words
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  • SPORTS
    • Article, Illustration
      Lock icon Els wins Lexington PGA Championship by two strokes
      354 11 Golf AP JOHANNESBURG Ernie Els rallied from two consecutive over-par rounds to shoot a final-round six-under 64 on Sunday and capture the Lexington PGA Championship by two strokes. After an opening-day 65, Els followed on Friday and Saturday with one-over 71s and
      AP  -  354 words
    • Article
      Lock icon Perry wins Bob Hope classic by one stroke
      391 11 AP PALM DESERT, California Two weeks after blowing the lead in the final round at Pebble Beach, Kenny Perry, 34, shot a 2-under-par 70 on Sunday to win the Bob Hope Chrysler Classic by one stroke over David Duval. Perry got his
      AP  -  391 words
    • Article
      Lock icon New York Knicks to finish season 2-0 against Rockets
      722 11 NBA roundup UPI NEW YORK The New York Knicks will finish the regular season with a 2-0 record against the Houston Rockets. That, however, will not begin to make up for the four losses the Knicks suffered against the Rockets in
      UPI  -  722 words
    • Article
      Lock icon Graf grabs back top slot with crushing victory
      592 11 AP PARIS Steffi's back and she's No 1 again. If there were doubts that Graf deserved to be No 1 after a slight blip in the computer rankings, she put them behind her. An impressive victory at the Paris Open over Mary
      AP  -  592 words
    • Article, Illustration
      Lock icon America3 crew emphasises self-reliance
      775 11 America's Cup NYT SAN DIEGO Female stereotypes are being buried at the AmericaS compound here with the efficiency of a bulldozer in a landfill. But the first all-women's team to compete for the America's Cup is still trying to turn over 144 years of men's sailing
      NYT; Reuter  -  775 words
    • SIDE LINES
      • Article
        Lock icon Spain reigns at last
        105 11 AFP SAN DIEGO, California Nobody is calling it the revival of the Spanish Armada, but it's a start. After 15 losses. Spain finally won a race at the America's Cup on Sunday. As he crossed the finish line 11 minutes 26 seconds ahead of Sydney 95,
        AFP  -  105 words
      • Article, Illustration
        Lock icon Dad's a Daytona champ
        88 11 Reuter DAYTONA BEACH. Florida A jubilant Sterling Marlin holding his daughter Sutherlin after beating Dale Earnhardt to win his seeond consecutive Daytona 500 in just .61 seconds in front of 150.000 fans on Sunday. Mark Martin was third. Marlin. who had never won a race before
        Reuter  -  88 words
      • Article
        Lock icon Straight-set win for Martin
        96 11 UPI MEMPHIS, Tennessee Third-seed Todd Martin of the United States defended his title on Sunday in the Kroger/St Jude international tennis tournament with a straight-set victory over No 11 Paul Haarhuis of the Netherlands. Martin needed only 98 minutes to dispatch Haarhuis. 7-6 (7-2), 6-4. Martin's
        UPI  -  96 words
      • Article
        Lock icon Suncoast Classic to Stockton
        59 11 AP LUTZ, Florida Powered by a sand wedge for eagle on the par-4 fifth hole, Dave Stockton shot a final-round 68 on Sunday to win the Senior PGA Tour's GTE Suncoast Classic by two strokes. Stockton's three-day total of 9-under-par 204 was two strokes better than
        AP  -  59 words
      • Article
        Lock icon Blundering Becker bows out
        74 11 Reuter MILAN Russian Yevgeny Kafelnikov beat Boris Becker 7-5 5-7 7-6 in the final of the Milan indoor tournament on Sunday to dash the German's hopes of winning the title for the third successive year. Becker contributed significantly to his own downfall with two double faults
        Reuter  -  74 words
    • SCORE CARD
      • Article, Illustration
        Basketball
        209 11 NEW YORK NBA Sunday: NY 122 Houston 117; Indiana 106 Miami 87; Minnesota 100 Orlando 95; Washington 92 Denver 94; Phoenix 110 Utah 107; LA Lakers 93 Portland 83. Standings (W L Pet GB) Eastern Conference, Atlantic Division: I Orlando 39 12 .765 2 NY 33 17 .660 5
        209 words
      • Article, Illustration
        Cricket
        51 11 WELLINGTON, New Zealand South Africa tied its one-day match with Wellington at the Basin Reserve on Monday when it hit two runs from the last ball to lift its total to 234. the same score as Wellington's. Scores: Wellington 234 for six (M Douglas 100). South Africa 234 for
        51 words
      • Article, Illustration
        Golf
        185 11 INDIAN WELLS, California 1551.2 million Bob Hope Classic final round Sunday (US unless stated): 335 Kennv Perry 63-71-64-67-70 336 David Duval 67-68-65-67-69 337 Dillard Pruitt 65-70-69-68-65, Tommy Tolles 66-69-68-64-70. Curtis Strange 64-73-67-63-70. JOHANNESBURG £250,000 South African PGA final round Sunday (South African unless stated. par 70): 271 Ernie Els
        185 words
      • Article, Illustration
        skating
        106 11 MILWAUKEE, Wisconsin World Sprint Speedskating Championships Sunday Men's 500 m: 1 Kim Yoon-man (SKor) 36.42 s 2 Hiroyasu Shimizu (Jpn) 36.51 3 Roger Strom (Nor) 36.62. 1,000: 1 Kim Yoon-man (SK) 1:13.11 2 Hiroyasu Shimizu (Jpn) 1:13.47 3 Kevin Scott (Can) 1:13.80. Overall standings: 1 Kim 146.025 2 Shimizu
        106 words
      • Article, Illustration
        Tennis
        36 11 MEMPHIS, Tennessee US$BOO,OOO Kroger/St Jude International final Sunday: 3-Todd Martin (US) b 11-Paul Haarhuis (Ncth) 7-6 (7-2) 6-4. OKLAHOMA CITY, Oklahoma U*****,250 IGA Classic final Sunday: 1-Brenda Schultz (Ncth) b 9-Elana Likhovtseva (Rus) 6-1 6-2.
        36 words
      • Article, Illustration
        Yachting
        122 11 SAN DIEGO America's Cup 3rd rd trials Sunday I >ouis Yuitton Cup C hallenger series: Rioja dc Espana (Pedro Campos) b Sydney 95 (Syd Fischcr) by 11 mins 26 sees; One Australia (John Bertrand) b Nippon (Makato Namba) by 8 mins 40 sees: Tag Heucr Challenge (Chris Dickson) b
        122 words
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      Page 12 Advertisements Column 1
      1093 12 Nothing Beats A BmcL Biiiyfl where t w >ne, dine and entertain OK L Homecooked J|| 10 Varieties of Pasta 20 different sauces And all-time Italian favourites L PASTA FRESCA DA SALVATORE PTE LTD 191 I •30 Boat Quay, S(0104) (Open 94 horn). Td: 532 6283/532 3810 <v, 11 P
      1,093 words
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      Page 12 Advertisements Column 2
      398 12 fefe (imm\ isjap Tactyje !A $250++ Tacf^age'D(Majpmum $350++ of 10 persons) lj C^l9fJOO++ ('Birthday Maximum of Maximum of <Pac!(ageC- 15 persons) (Z& 10 persons) $130++ L h (SZ&B* (Maximum of -SED^eiE %oomfoT a song. for reservations. call us at 7J4 61S1 bttuttn IOJOam and bJOpm Ail 6JIO after SJOym I
      398 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Pulling the plug on Madonna
      714 13  -  Concern over the 'satanic antennas' has prompted Teheran to ban satellite dishes. Charles W Holmes reports Charles W Holmes AP THE spectacle of rock music videos has made its way to Teheran. Via a satellite over Asia and through a dish atop an apartment building,
      AP  -  714 words
    • Article, Illustration
      Lock icon No 'making love' for Roxette
      304 13 CHATTERBOX AP AP NYT AP ROXETTE's Crash! Boom! Bang! world tour became Crash! Boom! Bleep! in Beijing. The first major Western rock group to play in China in a decade bowed to government censors who demanded changing the lyrics "making love to you" to "making
      AP; NYT  -  304 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      408 13 WHERE TO WINE, DINE AND ENTERTAIN H .jAikfflogtgrg II b TMrsmp r i tCtr IITT UQj Olde English Eating House r M I 277 Orchard Rd #02-38 Specialists' Centre S (0923) I H $2S CBD PASS! 1 mi When you spend 525/- or more at Fosters for lunch ||8 Hp
      408 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      493 13 I trnmrnrnmrnmamm Singapore: Cloudy with showers over many areas from the late morning. Temperature (24-30*) Mt-FacMc M/U* Cm* bnft M/U* Cm* Buenos Mcs 27/16 Cloudy Auckland 23/16 CtouO* Amsterdam 09,04 shown Chicago 06/3 Cloud* Bangiok 34/23 Cloudy Athens IS/OB Si*** HonokAi 27/17 Sutny Beyng 06/« Shown Bw*n 07/01 Shown Houston
      493 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      735 13 Swiss Rail Journeys Sr Ch 12 The Emmenthal region JK r jr Us climbs the V slopes, past the picturesque farms and woodlands, to the •'#<?£' '^^1 mediaeval town of Thun, with Tj~<%> ;I|^M its view of the Bernese Oser- v$ tkm 'm JH C Mr, Under One Roof, Bpm,
      735 words
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  • Article
    No time for Kiwi petulance
    524 14 EDITORIAL NEW ZEALAND leaders seem to have allowed themselves a display of petulance by cancelling future National Day celebrations after this year's Maori protests. Admittedly, being spat at and abused during the annual Feb 6 ceremonies at the village of Waitangi must have been unpleasant.
    524 words
  • WHAT THE OTHERS SAY
    • Article
      Europe seeks to compete
      244 14 THE European Commission should be complimented on its decision to set up a group of experts to examine the region's competitiveness vis-a-vis North America and Asia. A stronger Europe will be a stronger competitor for investment and a stronger business rival for Asians, both in Asia
      244 words
    • Article
      Facing the future confidently
      166 14 AS Singaporeans prepare themselves for the 21st century, often there are calls and reminders from national leaders on how not to lose our bearings and resolve. The recent speech by Deputy Prime Minister Lee Hsien Loong at the NTU encapsulates this message. He outlined three cardinal
      166 words
    • Article
      Less money for peacekeeping
      168 14 RECENT YEARS have seen the difficulties encountered by the United Nations in its peacekeeping activities, where its succcsses have so far paled into insignificance in comparison with its failures. The most classic example is the Bosnian war. which poses a serious threat to European security but
      168 words
    • Article
      A Thai at the WTO?
      129 14 IT MAY BE premature to assume that a Thai will be elected chairman of the new World Trade Organisation's Agriculture Committee, but reports that the EU is supporting the nomination must make this country the favourite. But the chairmanship of WTO committees is not, in
      129 words
    • Article
      Help the poor
      176 14 HONGKONG prides itself on being a glittering metropolis and one of the world's most affluent financial centres, its spectacular skyline studded with dazzling skyscrapers the envy of millions of tourists who flock here each year. Yet, how many know the flipside of Hongkong's success saga, the agony
      176 words
    • Article
      Sordid soccer mess
      154 14 AFTER MONTHS of police investigation of soccer bribery and match-fixing in the local premier league, what has emerged is indeed a sordid mess, the consequence of unmitigated greed on a grand scale. How far the disease has afflicted the teams in the tournament can be seen from
      154 words
  • Article, Illustration
    The Empire strikes back
    1127 14  -  Anthony Rowley reports on a recent seminar in Tokyo that highlighted growing widespread respect for 'policy-based finance* in promoting economic development Anthony Rowley The writer is BT's Tokyo Correspondent They hardly looked like counter-revolution-aries. the hundred or so economists, bureaucrats and assorted academics who gathered early
    1,127 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      73 14 llf onjy my boss would j y respond to these ads £> o > My M>ty can A walk into -tihese O two jobs Wo j f (The becutwe kwse«per ths Wet warts >5 7>e But I" never Any Job. Any Career. Available Any Day. Any Time. Anywhere. Tmf Straits
      73 words
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      Page 14 Advertisements Column 2
      284 14 INFiilline An SPH AudioTex Service In English Number Your Daily Stars 8450 The Aquarius Employee Entertainment News 8451 Battle Of Songs... Ghost Stories 8452 Phantom Of The Opera; Win Prizes' Children's Funland 8453 Prince Nezha Face Facts: Friendship Region 8454 Dreamland 8455 Fandi Ahmad Football Dreams; Dreaming Of Love... Chinese
      284 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      47 14 l IITM'V 1W MIWQ KJVO SOU f He's FN CLCR< O'TH «ffect#\L (yjM\CM one. I* POR. RRtSTbCJ?) Hi +A....J \NCeO« n/" fcyea BifweV \f~ J) UJ'MPOIO.. .J X. r 1&# fi-S- AMOCMTtO Ntvwtrni LTD.. iraim Vcfl- < 30 DOONESBURY GARRY TRUDEAU i fii^pisssi v&MwmZ,.' a bUlssfflffH rs I
      47 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon How Washington Inc makes a sale
      2666 15  -  The Japanese and Europeans have been doing it for ages. Now, several US government agencies including the CIA routinely help American companies secure big contracts abroad. David E Sanger finds out how they do it and how successful they have been David E Sanger
      NYT  -  2,666 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      56 15 I I-P only my boss would Any Job. Any Career. Available Any Day. -J? Any Time. Anywhere, m The Straits Times The Sunday Times Business Times i/nii I lE3 ES. ft The New Paper Lianhe Zaobao Lianhe Wanbao I te=| T' M Shin Min dailv News Berita Harian Berita Minggu
      56 words
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  • Article
    Lock icon Japanese firms keen on S'pore-Suzhou project
    118 16 AFP TOKYO Japan's Mitsubishi Corp, Mitsui Co and Industrial Bank of Japan are considering plans to join a China-Singa-pore project to develop Suzhou near Shanghai, company officials said yesterday. The development is being undertaken by a joint venture between Chinese parties and Singapore Suzhou
    AFP  -  118 words
  • Article
    Trading in Shougang firms to resume after suspension
    437 16  -  From Lim Soon Neo in HONGKONG SHARE trading in five listed companies in the Shougang group which has links with Chinese paramount leader Deng Xiaoping will resume today after a one-day suspension. Following last week's arrest of Zhou Beifang, chairman of two
    437 words
  • Article
    Lock icon 12 airlines plan global air freight container pool
    447 16 Reuter TORONTO Twelve airlines, including the four largest American carriers, are pushing ahead with an initiative to create a worldwide air freight container and pallet pool. Depending on findings of a feasibility study the carriers plan to commission by May, a pool
    Reuter  -  447 words
  • Article
    Lock icon US, China continue copyright talks after reporting progress
    363 16 AP, AFP BEIJING Talks on improving China's protection against piracy of US movies, music and other products continued yesterday, a day after both sides reported progress. A US Embassy spokesman said that the talks, which are intended to avert a trade war,
    AP,; AFP  -  363 words
  • Article
    Lock icon US cites good progress in Mexico bailout talks
    280 16 Reuter, Bloomberg Business News WASHINGTON The United States Treasury Department yesterday said it was making "good progress" towards sealing a US$2O billion (Ss29 billion) US aid package to ease Mexico's cash crisis. A department spokesperson said negotiations with Mexico, which began late
    Reuter,; Bloomberg Business News  -  280 words
  • Article, Illustration
    Lock icon Ramos gets a push start
    62 16 Reuter LINGAYEN, Philippines The phrase, "behind every successful man there is a woman", look on new meaning at President Fidel Ramos" hometown of Lingayen yesterday. First Lady Ming Ramos, ever ready to help him get a head start at the opening of a national swimming
    Reuter  -  62 words
  • Article
    Lock icon Russia plans to build up to four nuclear reactors in Iran
    280 16 Reuter MOSCOW Russia, undaunted by objections from the US and one of its own top environmental officials, gave details yesterday of its controversial agreement to help Iran build a nuclear power plant. The nuclear energy ministry said that under
    Reuter  -  280 words
  • Article, Illustration
    What the world needs now: people with a burning vision
    852 16  -  The Bottom Line CATHERINE ONG CATHERINE ONG The writer is a BT journalist T HERE was much talk about the idea of "global governance" at the annual meeting of the World Economic Forum which ended in Davos, Switzerland, recently. One
    852 words
  • Article
    No timetable for opening renminbi business to foreign banks: China
    291 16  -  By Teh Hooi Ling SINGAPORE There is no fixed schedule for allowing foreign banks to conduct renminbi business in China, said Zhang Dianzhong, People's Bank of China deputy chief of foreign bank supervision. "The financial system in China is still
    291 words
  • Article
    Lock icon India police file fraud charges against broker, bank officials
    142 16 Reuter NEW DELHI Indian police have filed charges of fraud against a leading stockbroker and officials at the Bank of America for their alleged involvement in the nation's worst financial scandal two years ago. The United News of India yesterday said
    Reuter  -  142 words
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  • COMPANIES & MARKETS
    • Article
      Berjaya takes stakes in Aussie property firm, US eatery chain
      438 17  -  From Ho Kay Tat in KUALA LUMPUR BERJAYA Group's chairman and chief executive officer Vincent Tan Chee Yioun is spreading his wings again by buying big stakes in an Australian property firm and an American restaurant chain for MSII6 million
      438 words
    • Article, Illustration
      Lock icon Sembawang Engrg in no hurry to list
      320 17  -  By Ramesh Divyanathan SINGAPORE Sembawang Engineering Pte Ltd (SEPL) is not seeking a listing because it does not need the funds, its chairman, Cheong Quee Wah, said yesterday. "If you want a listing, you need to take money from shareholders, but for what
      Photo by Ali Yusoff of The Straits Times  -  320 words
    • Article
      GRP Ltd hoists interim profit 20% to $1.3m
      198 17 SINGAPORE Sesdaq-listed GRP Limited yesterday announced a 20 per cent jump in net earnings to $1.33 million for the half-vear ended Dec 31, 1994. The industrial hose company said turnover rose nearly 22 per cent to $13.76 million, boosted by orders from
      198 words
    • Article
      Value of share not tied to its par value
      735 17  -  HOCK LOCK SIEW By R Sivanithy SINGAPORE A group of investors re cently wrote to Business Times accusing the regulatory authorities of being lax in approving the listing of certain companies. Simply signed off by "A disgruntled group of small-time investors",
      735 words
    • Article
      Isetan's Tampines store expected to contribute 8% of sales
      523 17  -  By Jenny Lam SINGAPORE Isetan Singapore's new Tampines store is expected to contribute up to 8 per cent of group turnover for the fiscal year ending March 31. 1996. Isetan sales and promotions manager Gerard Cheng told Business Times yesterday the
      523 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        48 17 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers [tolled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance. Baring. Duma. Fraser. OA (joli. Kay than. Morgan (irenfeU. OngCo. Nomura. Phillip. Smith Vt'w Court. Il l C'arr and SO W arburg
        48 words
      • Article, Illustration
        HOT STOCK
        123 17  -  Paul Leo THERE is a possibility of a head-and-shoulders top forming on the weekly chart of Orchard Parade Holdings and the right shoulder is just starting to take shape. The property counter, which ended at 59.55 yesterday, is likely to range between the neckline at around 59.25 and
        123 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Electronic Resources unit's property buy
          103 18 SINGAPORE Electronic Resources Australia (ERA), a subsidiary of Sesdaq-listed computer distributor Electronic Resources Limited, has bought a office-cum-warehouse in Sydney tor ASI.3 million (SSI.4 million). The purchase is expected to be financed by the company's internal resources and bank borrowings. A 10 per cent deposit
          103 words
        • Article
          Low Keng Huat warrants' take-up rate
          65 18 SINGAPORE The olTer for sale by OCBCBank of 36 million warrants to subscribe for 36 million new ordinary shares of Low Keng Huat (Singapore) has been subscribed by 103.7 per cent. The rights issue is in the form of three warrants for every 10
          65 words
        • Article
          NTA of Thai Prime Fund
          33 18 SINGAPORE DBS Asset Management last night announced that the net tangible asset backing per preferred share of Thai Prime Fund was U5523.77 as at Feb 17 this year.
          33 words
        • Article
          Pan Pacific unit sells shophouse
          114 18 SINGAPORE Pacific Book Centre (PBC), a fully-owned subsidiary of Pan Pacific Public Company, has granted Windu Investment an option to buy PBC's property a double-storey shophouse at Jurong East Street for $1.4 million. The option will expire at 4pm on Feb 28. Pan Pacific Public
          114 words
        • Article
          Nippecraft shuffles management
          78 18 SINGAPORE Nippecraft, the specialist stationery manufacturer, last night announced major appointments in its senior management in Singapore and Britain in line with its overseas expansion plans. William Habergham, previously chief operating officer of the group in Singapore, has been appointed group managing director. Evan Edward Coady, founder
          78 words
        • Article
          Lock icon Wearnes Int'l sees record profit
          70 18 Reuter SINGAPORE Industrial equipment company Wearnes International Ltd, expects to achieve a record profit for the financial year ending September 1995, chairman Tang I-Fang said. He said in his annual statement to shareholders that Wearnes International was able to broaden its trading base and boost
          Reuter  -  70 words
        • Article
          Lock icon Gadek to take 70% stake in Perspec
          66 18 Bloomberg Business News KUALA LUMPUR Gadek (Malaysia) Bhd said it would buy a 70 per cent stake in Pernas Precision Engineering and Construction (Perspec) for Ms2.B million (Ssl.6 million). Perspec holds 20 per cent in the joint venture company which won the Msl.7
          Bloomberg Business News  -  66 words
        • Article
          Lock icon Stock split for Philippines' RFM
          76 18 Reuter MANILA Philippines' RFM Corp has announced a five-for-one stock split to reflect a change in its capital structure and improve its liquidity in the stock market. In a letter to the Securities and Exchange Commission, RFM said its board and shareholders approved a plan
          Reuter  -  76 words
      • Article
        Untitled
        845 18 Payment Ex Books Pay date close date Asia Pacific F 20N Feb 6 Feb 10 Feb 22 Avimo 20« F I2.5TE Mar 1 Mar 7 Apr 15 Aztech 5* b 20TE May It May 16 May 31 Bcrjaya Group I 6 Mar 7 Mar 21 Apr 21 Bcrjaya Ind I
        845 words
      • Article
        Ciputra's profit jumps sharply due to accounting rule change
        319 18  -  From Maggie Ford in JAKARTA RIDING a residential housing boom, PT Ciputra Development hoisted 1994 net profit to 103.6 billion rupiah (5567.86 million) from 2.7 billion rupiah in 1993. The massive leap, however, was due largely to a change in accounting
        319 words
      • Article, Illustration
        Lock icon Multi-Purpose takeover: Hong Leong yet to seek nod
        246 18 Knight-Kidder Bloomberg Business News SINGAPORE Malaysian tycoon Quek Leng Chan and his Hong Leong Group have not yet sought formal government approval for their widely rumoured attempt to take over Multi-Purpose Holdings Bhd. the Asian Wall Street Journal said yesterday, quoting an
        Knight-Kidder; Bloomberg Business News  -  246 words
      • Article
        Lock icon Unicord to sell Bumble Bee brand for US$155m
        378 18 Bloomberg Business News BANGKOK Unicord pic, one of the world's largest canners of tuna, has signed a letter of intent with a group of investors to sell the Bumble Bee brand for US$l55 million (***** million). The Bangkok-based company yesterday said it
        Bloomberg Business News  -  378 words
      • Article
        Lock icon Dharmala unit delays US$100m bond sale
        380 18 Bloomberg Business News HONGKONG A planned US$lOO million (SSI4S million) bond financing for Dharmala Intiland. the property and finance unit of Indonesia's Dharmala Group, has been postponed. "We're not going to force an issue on a market not ready for it yet," said Richard
        Bloomberg Business News  -  380 words
      • Article
        Lock icon Proposed joint venture will give Talam additional land
        421 18 MBT KUALA LUMPUR Talam Corp Bhd said the proposed joint venture between its subsidiary Maxisegar Sdn Bhd, Nalfin Realties Sdn Bhd and PNSB Development Sdn Bhd will provide an additional 214 hectares of land to the group. The company said in a
        MBT  -  421 words
      • Article
        Lock icon Mulpha expects group pre-tax profit to rise to M$85.3m
        203 18 NST KUALA LUMPUR Mulpha International Bhd has forecast a substantial increase in group pre-tax profit to M 585.3 million (5548.4 million) for the year ending Dec 31, 1995. Group pre-tax profit for the year ended Dec 31, 1994, is estimated at
        NST  -  203 words
      • Article
        Lock icon Celcom close to solving interconnectivity woes among rival networks
        382 18 NST KUALA LUMPUR Cellular Communications Network (M) Sdn Bhd (Celcom) has said interconnectivity problems among rival networks are about to be resolved, bringing improvement to its ART 900 mobile cellular service. Celcom president Rosli Man said all the telecommunications service providers
        NST  -  382 words
      • Article, Illustration
        Lock icon MBf to make Peugeot car parts after assembly success
        319 18 Bernama KUALA LUMPUR The MBf Holdings Bhd Group plans to manufacture components for Peugeot cars, after having successfully assembled these vehicles locally. "We have formalised the final plans to set up a plant in Malaysia that will initially produce Peugeot's exhaust
        Bernama  -  319 words
      • Article
        Lock icon Aussie broadcasting watchdog steps into Packer-Fairfax brawl
        541 19 AFP, Reuter, Bloomberg Business News SYDNEY Australia's broadcasting watchdog has given media magnate Kerry Packer and John Fairfax Holdings until 0100 GMT Thursday to provide information about who controls the newspaper group, officials said yesterday. Separately, Communications Minister Michael Lee warned Kerry Packer
        AFP,; Reuter,; Bloomberg Business News  -  541 words
      • Article
        Lock icon Saatchi plans to take new name of Cordiant
        331 19 Bloomberg Business News LONDON Advertising group Saatchi Saatchi Co pic plans to change the name of its holding company to Cordiant pic and introduce a new per-formance-related employee share option scheme. The plans, outlined in a letter sent to shareholders on Saturday,
        Bloomberg Business News  -  331 words
      • Article, Illustration
        Lock icon Seven sets its sights on being most profitable Aussie TV network
        458 19 Reuter SYDNEY Television broadcaster Seven Network Ltd has tuned its vision to becoming Australia's most profitable television network by concentrating on its core free-to-air services. Managing director Bob Campbell yesterday said Seven started this year in an aggressive mode,
        Reuter  -  458 words
      • Article
        Lock icon Murdoch's Star TV to beam NBC business news to China
        396 19 Reuter SINGAPORE A year after axing BBC World Service TV news from broadcasts into China because they were too controversial, Rupert Murdoch's Star TV will launch a more China-friendly product to North Asia this year. From the middle of this
        Reuter  -  396 words
      • Article
        Lock icon HK exchange ready for stock futures launch after consultation
        284 19 Reuter HONGKONG After its plan to launch individual stock futures late last year met with a storm of criticism, the Hong Kong Futures Exchange has regrouped, answered its critics and is set to go ahead with the launch. "The most concern
        Reuter  -  284 words
      • COMPANY BRIEFS
        • Article
          Lock icon Tokyo bourse to invite Asian listings
          82 19 Reuter TOKYO The Tokyo Stock Exchange (TSE) and major Japanese brokerages will jointly hold seminars in Hongkong and Singapore in March to invite listings by Asian businesses on the TSE. A TSE official yesterday said the TSE and six brokerages would hold a seminar
          Reuter  -  82 words
        • Article, Illustration
          Lock icon Ailing credit firms to sue former heads
          76 19 Reuter TOKYO The head of two ailing credit firms, now the subject of a combined rescue by the Bank of Japan and private banks, yesterday said the firms will file legal complaints against their former presidents. "We are going to file civil and
          Reuter  -  76 words
        • Article
          Lock icon Akai Electric cuts losses
          79 19 AFP TOKYO Akai Electric yesterday said its pre-tax losses narrowed 30 per cent from a year earlier to 3.3 billion yen (Ss49 million) in the year to Nov 20, forecasting further losses this year. The troubled manufacturer of audio equipment said sales dropped 11 per cent
          AFP  -  79 words
        • Article
          Lock icon Hellaby's interim profit down
          63 19 Bloomberg Business News WELLINGTON Diversified group Hellaby Holdings yesterday said net profit declined seven-fold in the six months ended Dec 31. The profit of NZ$5.5 million (Sss million) compares with NZ535.2 million earned in the same period a year earlier. However, the year-earlier period included a
          Bloomberg Business News  -  63 words
        • Article
          Lock icon MKI may be rescued by white knights
          69 19 Bloomberg Business News HONGKONG MKI Corp may escape liquidation with the help of "white knight" companies which have entered talks with the Securities and Futures Commission. The Eastern Express yesterday quoted SFC executive director Gerard McMahon as saying two companies had approached the
          Bloomberg Business News  -  69 words
      • Article
        Lock icon Sunkyong probed after attack on govt policy
        235 19 AFP SEOUL Government auditors launched a retaliatory probe yesterday into South Korea's fifth largest conglomerate, the Sunkyong Group, for criticising government economic policies, a group spokesman said. Some 30 inspectors from the Fair Trade Commission visited the group's four key subsidiaries to look
        AFP  -  235 words
      • Article
        Lock icon IBM Japan wields scalpel on staff in quest for profits
        319 19 Reuter TOKYO IBM Japan has turned its back on lifetime employment and, at the end of two years of cost-cutting, has shed 17 per cent of its 25.000 workers and moved another 11 per cent into profit-making departments. The cuts
        Reuter  -  319 words
    • FINANCE & COMMODITIES
      • Article
        Foreign entries likely to force Philippine banks to merge
        511 20  -  From Al Labita THE ENTRY of 10 new foreign banks is expected to force Filipino banks to either merge or tie up with other foreign banks to stay competitive, analysts say. "There will be mergers and acquisitions as local banks try
        511 words
      • Article
        Coffee futures trading to be regulated
        220 20 From March 1, brokers or agents will need a licence from the TDB SINGAPORE Coffee futures trading will soon come under government supervision, as required by law. The Singapore Trade Development Board (TDB) said yesterday that coffee would be gazetted as a prescribed commodity
        220 words
      • Article, Illustration
        Lock icon Insuring against asbestos
        35 20 Reuter HAMBURG The former office building of a Hamburg insurance company being demolished by explosions in downtown Hamburg on Monday. The building was brought down due to high level of asbestos. Reuter
        Reuter  -  35 words
      • SMALL CHANGE
        • Article
          Lock icon Thai bank warns of offshore risks
          107 20 Knight-Ridder BANGKOK The Bank of Thailand has warned local banks to be careful about their exposures to loans and deposits from abroad, local newspapers said. Vijit Supinit, governor of the Thai central bank, warned the banks to be careful about the foreign exchange risk
          Knight-Ridder  -  107 words
        • Article
          Lock icon Nomura issues put, call warrants
          49 20 Knight-Ridder HONGKONG Nomura International has issued eight tranches of American-style put and call warrants on Hongkong stocks with three different maturity dates. The warrants are based on the NRI-AP Hongkong Index, which consists of 20 stocks and closely follows the Hang Seng Index. Knight-Ridder
          Knight-Ridder  -  49 words
        • Article
          Lock icon Dao Heng ups FRCDs to HK$1.38b
          40 20 Reuter HONGKONG Dao Heng Bank Ltd has lifted its five-year floating rate certificates of deposit (FRCDs) issue to HKSI.3B billion (SS2SB million) from HK$l.2 billion due to oversubscription. said arranger Barclays Bank pic. Reuter
          Reuter  -  40 words
      • Article
        Nord LB tests waters for dragon bond issue
        237 20 SINGAPORE One of Germany's largest banks, Norddeutsche Landesbank Girozentrale which set up an offshore branch here last October is looking to raise funds through a dragon bond issue. Gerhard Roggemann. head of the bank's international operations, who kicked off a fivenation roadshow
        237 words
      • Article
        Lock icon Jakarta's tin exports above quotas last year
        235 20 Reuter JAKARTA Indonesia, the world's third largest tin producer, exported more tin last year than it was permitted under Association of Tin Producing Countries (ATPC) quotas, a senior industry official said yesterday. Erry Riyana. president director of state-owned tin company PT Tambang Timah.
        Reuter  -  235 words
      • Article
        Lock icon HSBC's HK banks set to turn in poor results
        398 20 Bloomberg Business News HONGKONG The crown jewels of HSBC Holdings pic its Hongkong banks are losing their lustre. The London-based parent of Hongkong Shanghai Banking Corp. which earns about 60 per cent of its profit in Hongkong, is being forced to
        Bloomberg Business News  -  398 words
      • Article
        Brent crude futures slip in limited trade
        323 20 Bloomberg ENERGY REPORT LONDON Brent crude oil futures slipped in limited trade following a gasoline-led surge last week. Activity was restricted by the closure of the New York Mercantile Exchange for the US President's Day holiday. Brent trading will cease in London at
        323 words
      • Article
        Lock icon Currency Reports: London
        302 20 Reuter LONDON The dollar was stable but weary during a quiet European session after reaching 28-month lows against the mark in the Far East. The only thing restraining bearish players was thin volume in the absence of US dealers. "This is just a calm between storms." said
        Reuter  -  302 words
      • Article, Illustration
        Untitled
        1536 20 I iadf ncifhnil intle\ <ukulalnl afuirot l«p 14 iraJinat Box- war I9sf US$/S$ forward rates Noon /Feb 20 s$ Bid Offer I month ***** 1.4479 2-month 1.4421 1.4436 3-monlh I 4394 I 4407 6-month 1.4310 1 4330 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am m Feb 20 Singapore
        1,536 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen firmer, Eurodollars lower
        1422 21 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended slightly firmer while Eurodollar futures were lower at the close in thin trade ahead of a holiday in the US. Dealers said Euroyen was slightly firmer on the back of weak stocks and also the sliding dollar rate
        Reuter  -  1,422 words
      • Article
        S'pore rubber futures rebound
        654 21 COMMODITY REPORTS Rubber SINGAPORE Singapore RSS3 and TSR2O rubber futures yesterday recovered from their recent dips to finish higher on bargain-hunting but RSSI contracts stayed lower. Brokers noted a sudden lack of sellers on fresh demand news and amid rebounding Tokyo prices. News a major Australian
        654 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Seoul agrees to raise beef import
          79 21 SEOUL South Korea has agreed to raise the amount of beef imported under the simultaneous buy and sell system to 36.900 tonnes, the government said yesterday. The agreement eame out of the latest round of beef talks with the US. Australia and New Zealand,
          79 words
        • Article
          India may not have oil duty parity
          175 21 NEW DELHI Indian Finance Minister Manmohan Singh is not likely to introduce parity to customs duty on edible oil imports by private companies despite demand from the civil supplies ministry for such reform, according to industry officials. Some private companies have described the
          175 words
        • Article
          China buys 2.9m tonnes of cotton
          66 21 HONGKONG The Chinese government has purchased nearly 2.9 million tonnes of cotton up to the end of January, up more than 600,000 tonnes compared to the same period last year, the official China Business Daily reported yesterday. Ma Lisheng. Vice-Minister for Internal Trade, urged
          66 words
    • Article
      COMMODITY PRICES
      1491 21 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sell (tonnes) Interest Mar 95 252.00 249.50 250.50 1000 475 Apr 248.00 245 00 249 00 1125 1875 May 248.00 243.00 248 00 775 2450 Jun 248.00 245.00
      1,491 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1036 22 -3.0 SHARES ended weaker yesterday but well off its lows for the second session in a row. The All Ordinaries Index finished 3 points lower at 1.853.2, off its intra-day low of 1.844.7. Stocks finished narrowly mixed with Industrials slightly weaker but Resources a touch firmer. Dealers said the
        1,036 words
      • Article
        Manila
        560 22 -19.21 Philippine shares fell in lacklustre trade yesterday as most investors waited for a more definitive trend to emerge in overseas markets. Foreign investors shunned heavy-capitalised stocks and nibbled at second-liners following the correction in the Dow Jones last Friday, said one broker. The PSE Composite Index slipped 19.21
        560 words
      • Article
        Taipei
        597 22 -37.32 Late waves of selling pushed the share index lower at the close and brokers said the market might fall in the near term on a lack of inspiring factors. The Weighted Price Index lost 37.32 points to finish at 6,612.97. Turnover was NTS55.5 billion. The market was quiet
        597 words
      • Article
        Seoul
        473 22 19.79 Share prices jumped yesterday, ending a sixnJay losing streak, boosted by hopes that the government will ease its tight monetary controls. The Composite Price Index gained 19.79 points to close at 929.23 points. But trading was light with 23 million shares worth 410 billion won changing hands. Rises
        473 words
      • Article
        New Zealand
        355 22 -6.29 The index closed 6.29 points down on light volume, taking its lead from Wall Street on Friday, but brokers said it was a reason- able performance. The NZSE-40 Capital Index ended at 1,990.45, up from its intra-day low of 1,981.13, The main influence was the Dow's 35
        355 words
      • Article
        Bombay
        111 22 -25.16 An acute liquidity crunch combined with a lack of buying support from local mutual funds pulled down Indian share prices on a dull day yesterday. "Most local mutual funds did not participate in fresh buying. Most of them are keen to wait and watch till some shares reach
        111 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        1260 22 Britannia Funds Sterling Cash Bid Offer Mils Cap Deposit 3S 6400 38 6500 M<m Jersey Gilt OI893 0 1992 MimMai Income .0.9100 ***** US$ Cash Income Plus Fund *9 4500 *9 9600 PS Reserve Fund 5 4000 5 4100 Stotiat Matty Eyro Performance 0 4592 0 49)1 Far East Fund
        1,260 words
      • Article
        London
        629 22 -25.6 UK blue chips sagged to close broadly lower without the benefit of Wall Street, which was closed for the US President's Day holiday, giving fresh support to market bears' forecasts of further declines ahead. The FTSE-100 Index of leading UK shares closed down 25.6 at 3,018.6, above its
        629 words
      • Article
        Paris
        141 22 -20.23 French shares ended a mainly technical trade driven session lower despite a star performance by the latest privatisation stock, tobacco group Seita, which registered a gain in the biggest individual turnover. The CAC-40 Index was down 20.23 at 1,802.24 Seita closed at 133 francs and a total of
        141 words
      • Article
        Frankfurt
        214 22 -17.39 German shares marked time in minimal volume postbourse trade with activity hit by absence of US players. Dealers see the DAX Index holding current levels, unlikely to dip below strong support at 2,100. The DAX Index was down 17.39 points at 2,101.90. Siemens led volumes, down 4.60 marks
        214 words
      • Article
        Brussels
        143 22 -7.13 Belgian shares ended lower, in line with other European bourses which were also affected by the steadily weaker dollar. Dealers predicted further losses on the Belgian market and said the bearish mood could last for several weeks. The Bel-20 Index ended 7.13 points lower at 1,343.35 on a
        143 words
      • Article
        Milan
        168 22 -0.75 pc Shares slipped, tracking other European bourses in listless trade while the market waits for the government to present a mini-budget, traders said. The Mibtel Index closed down 0.75 per cent. Volumes were very low. around 410 billion lire, in reticent trade. Prime Minister Lamberto Dini is expected
        168 words
      • Article
        Amsterdam
        261 22 -0.92 Dutch shares ended lower on the easier dollar and Friday's slide in the Dow, after trading quietly in a narrow range due to the US market holiday. The AEX Index finished 0.92 points lower at 410.03. Business was concentrated in individual stocks particularly Philips, which dominated volume as
        261 words
      • Article
        Stockholm
        167 22 +0.19pc The Swedish share market closed higher in a reaction to last week's declines, dealers said. The bourse index firmed 0.19 per cent to 1,170.93 despite weak European share markets and higher domestic bond yields. "The Stockholm bourse was one of the best in Europe. On the other hand
        167 words
      • Article
        Zurich
        315 22 -1.82 Swiss shares closed little changed with a weaker bias. Dealers said volume was very low because of the weak dollar and because US participants were absent. The market was seen moving sideways near-term. The broad SPI Index was down 1.82 points to 1,695.82. The blue-chip SMI Index closed
        315 words
      • Article
        Johannesburg
        362 22 -9.4 South African gold shares finished off the day's best levels yesterday as financial rand strength capped early gains in mostly thin trade, dealers said. They said other shares had finished generally softer in line with finrand gains and weaker Wall Street and London markets. "There has been a
        362 words
      • Article
        Toronto
        264 22 -3.53 Stocks opened marginally lower in very quiet trade with dealers forecasting a dull day because US financial markets are closed. The TSE-300 Index was down 3.53 points at 4.097.64 in volume of 5.94 million shares valued at C$69.92 million. Declines led advances 163 to 158 with 213 unchanged.
        264 words
    • Article, Illustration
      Lock icon HONGKONG
      3138 23 Reuter HONGKONG Stocks ended sharply lower on the Dow Jones Industrial's 35-point tumble on Friday and the detention in Beijing of the chairman of premier red-chip counter Shougang Concord International, dealers said. "Wall Street. Sino-US talks lasting three or four days already with no concrete result, and the chairman
      Reuter; Source: Bridge Info  -  3,138 words
    • Article, Illustration
      Lock icon CHINA
      624 23 CLSA THE arrest of Zhou Beifang, chairman of Shougang Concord, sent the H shares plummeting 4.8 per cent on worries over Beijing's new round of anticorruption tactics against the "princelings". Bohai shed 2.1 per cent, reversing its 3.3 per cent gain on Friday. Yizheng and Maanshan lost some 5
      CLSA  -  624 words
    • Article, Illustration
      Lock icon TOKYO
      2529 23 Bloomberg Business News TOKYO Stocks yesterday fell for the fifth time in the last six sessions, as banking and brokerage shares slipped amid concern about the fate of Japan's troubled financial companies. Car, retail and construction stocks also contributed to the decline. Finance Minister Masayoshi Takemura said on Saturday
      Bloomberg Business News; Source: Bridge Info  -  2,529 words
    • Article, Illustration
      Lock icon BANGKOK
      1798 23 Reuter BANGKOK Thai stocks closed lower on selling of finance and banking counters, although there was some buying interest in telecommunications and building materials, brokers said. The SET Index closed down 7.28 points at 1,296.99 alter falling as low as 1.288.50 in moderate trade with 70 million shares worth
      Reuter; Source: Bridge Info  -  1,798 words
    • Article, Illustration
      Lock icon JAKARTA
      1195 23 Reuter JAKARTA Jakarta share prices closed lower ycstcrdav in slow trade on a lack of fresh leads following weakness in overseas markets, with both foreign and local players preferring to stay on the sidelines. "There were rumours circulating on the market that Mexico may not be able to come
      Reuter; Source: Bridge Info  -  1,195 words
    • Article
      CLOB INTERNATIONAL
      2556 24 to to IW<K I JIM Vol l»n> !-«>( Ouulr l>i» W> \U Nc« Ml# lli K h Low timpani Sak- COIIO) lli K h I ox Bu>if Seller S Cw S PIt Xnil MALAYSIAN STOCKS 198 73 m MSB <0c 285 -5 64 2*5 2*5 295 VO -2.9
      2,556 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Market falls, Oriental Holdings loses ground
        7062 24 Bloomberg Business News KUALA LUMPUR Stocks fell as Oriental Holdings lost ground after the death of the company's chairman, one of Asia's richest men. Oriental Holdings, a diversified auto trading company, had risen sharply on Friday and around the opening of the market yesterday
        Bloomberg Business News; Source: Bridge Info  -  7,062 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8523 25 I MAIN BOARD uj a* Gr Cr M »l l*H*5 l«l Vol Da> I asl Quote Dit l*» Md Net (ap \>| High Law Sale (-000) High Loo Buyer Selkr C»r S P/E Smil Prior INDUSTRIAL AND COMMERCIAL 720* 388 nil s AtnuWt 436 -4 24 440 4)6 432 438
        8,523 words
      • Article, Illustration
        Lock icon Market falls as institutions remain on sidelines
        1959 26  -  By Paul Leo SINGAPORE Local shares fell yesterday as institutions worried by the decline on Wall Street and a plunging greenback kept to the sidelines. "The institutions were very quiet" was a common refrain among corporate dealers. The Straits Times Industrials Index fell
        Charts by Bridge Info; Source: Bloomberg  -  1,959 words
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      382 17 NEWS VALUE Bapepam takes underwriters to task over battered IPOs (P8 I) Rather unusual. Could slow down IPOs. Ekran shares hit limit-up on nod for Bakun project (pg I) Price likely to remain volatile over the next few days. C-class Merz buyers can pick and choose as speculators bail out
      382 words
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      63 19 i times a week VJulf Air flies nonstop from Singapore to the Gulf seven times a week, PJjf [j||P more than any other airline. Whichever class you travel, y fly in comfort and style, experiencing our traditional hospi ty. Come fly with us and discover the international »>«*£A^Fa■■ fll I
      63 words
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      81 21 Financial News |V(g9| A Quick Look At The I I Markets! Call 24 hours a day for I I SES KLSE midday I reports, closing I I market reports and mi Cost: 30 cents a minute Organised by: An SPH AudioTex Service BUY^ SELL,* FIND,* Classified ads are purr...feet for
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      Page 21 Advertisements Column 2
      35 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Catch what's news in Pant mitt it in Sunday ClattifiaJ tfiis weekend. jftr fO>\ a
      35 words
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      100 22 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers
      100 words
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      Page 23 Advertisements Column 1
      35 23 WHh over 215 million cords honoured over 12 million establishments, MasterCard puis the pole world in your handsjAnd it gives you easy access to cash|at 380,000 bank mm worldwide. J pMm Bi m R Boz««
      35 words
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      Page 24 Advertisements Column 1
      43 24 With over 215 million cords honoured at over 12 million establishments, MasterCard puts the whole world in I t iv y v your hands. And it gives you easy J v 'v- %£Bji<pp access to cash at 380,000 bank worldwide. Ns-STVis -V,- lonr
      43 words
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      Page 25 Advertisements Column 1
      32 25 jib 4 ns Im A T lii -'9-1251 M I m ULJ Efcyki^K HMd OMn:A.O. TVS INTERNATIONAL PTE LTD 106 Mridte Road *> Snga(X«o7lB T* *****77 Fa« *****«1 Tig UTERNATTQNAL (HK) LTD P
      32 words
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      93 26 ]*`&$?@[)=~.,*^;+~}'*)_%>;+[\+' JUST DESERTS Legal discourses in digestible portions. The Law Page. Every Thursday. SINGAPORE F Business Times WE KNOW ASIA fwppJTlJ ■KT& --i.- j|fißMaKjfH||FH|^i gy J% Tf] PROPERTY EXHIRITION Readers refer to the Classified for many reasons. Some for specific needs and some simply for useful market information. Classification 496
      93 words
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      Page 26 Advertisements Column 2
      98 26 This announcement appears as a mailer of record only KOTOBUKIYA CO., LTD. (Incorporated with limited liability under Ihe Commercial Code of Japan) U. 5.530,000,000 Guaranteed Floating Rate Notes due 2000 unconditionally and irrevocably guaranteed as to payment of principal and interest by The Industrial Bank of Japan, Limited ISSUE PRICE
      98 words
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      Page 26 Advertisements Column 3
      169 26 M THE MATTER Of THE COMPANIES ACT, CAP. 90 AND ATEUER MORIER FASHION PTE LTD On Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(2) of The Companies Act, Cap. 50, that the Final Meeting of the above named Company will be held at 27 Cantonment Road, Singapore
      169 words
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  • Shipping Times
    • Article, Illustration
      NOL and NYK to start New Bombay service
      266 27  -  By Rahita Elias SINGAPORE Neptune Orient Lines (NOL) and Nippon Yusen Kaisha (NYK), partners on the South Asia/Indian subcontinent trade, will start calling at the Jawaharlal Nehru Port at New Bombay from next month. In a statement yesterday, NOL said that the
      266 words
    • Article
      Lock icon Cristal to appeal over Glacier Bay ruling
      651 27 Lloyd's List LONDON A legal battle that threatens the future of the Cristal oil spill compensation scheme is to be taken to the Court of Appeal. An appeal against fundamental aspects of a High Court judgement arising from pollution from the Glacier Bay,
      Lloyd's List  -  651 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      614 27 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 •Ahlers Lines 12 1 Ahrcnkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line. The 9 5
      614 words
    • Article
      Lock icon Aussie builder taking nothing for granted in M'sian bid
      263 27 AFP SYDNEY An Australian company bidding for a As 2 billion (SS2.I billion) contract to build patrol boats for Malaysia said yesterday it was not taking anything for granted despite encouraging signs from a senior Malaysian minister. Deputy Prime Minister Anwar
      AFP  -  263 words
    • Article
      Lock icon Tanker rates remain in weakened state
      274 27 KnightRidder NEW YORK Tanker rates remained in a weakened state in most sectors of the market on Friday, brokers said. They said there was little change in the Caribbean sector, with demand for end-February loaders very thin. Citgo took the Tom is Independence for
      Knight- Ridder  -  274 words
    • Article
      Lock icon German illicit nuclear transport up sharply, says report
      183 27 AFP BONN Illicit transport of radioactive material emanating from Germany sharply increased last year and has more than doubled since 1992, German media reports said yesterday. In its Monday edition, the weekly Der Spiegel quoted a report by Bonn's secret services destined
      AFP  -  183 words
    • Article
      DAILY FREIGHTS
      1442 28 ACTIVITY WAS brisk in dry cargo chartering markets on Friday although details of fixtures were slow to emerge in certain areas. The Baltic Freight Index rose 9 points to 1,992 largely on higher rates reported in the Pacific for Capers and Panamaxes. P and O paid at least
      1,442 words
    • Article
      TRANSPORT DIARY
      385 28 COURSES Title: Principles of Shipping Documentation and Practices (SDF 70%) Duration: Feb 23 May 25 Organiser Singapore National Shipping Association Tel: For further details and application forms contact SNSA Secretariat at 278-3464 or fax: 274-5079. Title: Principles of Shipping Operations and Practices (SDF 70%) Duration: Mar 7 Apr
      385 words
    • Article, Illustration
      Amsterdam port looks to Asia
      866 29  -  Sangeeta Mulchand reports on the Port of Amsterdam's new business drive Sangeeta Mulchand AFTER two decades of steady but slow growth, the second largest port in the Netherlands is looking to Asia and its newly launched Westpoint multimodal facility to propel it onto the fast
      866 words
    • Article
      THE SHIPPING GUIDE
      13182 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
      13,182 words
    • Article, Illustration
      Lock icon US travel agents fight cap on commissions
      987 39 NYT WHEN US airlines began imposing a maximum US$5O (Ss73) cap on travel agency commissions a little less than two weeks ago, they seemed to have given the agents little choice but to meekly accept the lower fees. But the airlines may have
      NYT  -  987 words
    • Article
      SHIPPING AGENTS
      3350 40 A uLm.BC C ontainerline NV: Bolsin Shpg Agencies Pte Ltd (SVVlarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Lid (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte
      3,350 words
    • Article
      COURIER SERVICES
      279 40 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Intel Td: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716 *****80 Airswift Worldwide Courier Tel: 278-0188. Fax. 273-8283. .VIS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Sen ices
      279 words
    • Article
      AIR FORWARDERS
      1526 40 Abex Express Freight Td: 542-7171. Fax: *****84 Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822 Fax: *****20 Aerolink Treight International Td: 545-8033. Fax: *****05 Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454 Fax: *****06 Air Express International Td: 542-7666 Fax: *****74. *****50 Air
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    • Article
      PORT CONDITIONS
      2302 41 ARGENTINA Diamante, Santa Fe: No vessels berthed, no vessels in roads, no vessels due. San Loremo: Six vessels berthed of whieh 4 loading soya bean meal pellets. 1 wheat, 1 soya oil, 7 vessels in roads, 14 vessels due at 9 terminals during the coming week. Kosario: One
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    • Article
      CRUISE & FERRY SCHEDULES
      581 41 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel ETA K I D l'orts of Calls Port Agent Telephone No FEBRUARY 21 21 Nautical) Cruise to Nowhere Lines Int'l Holdings 276-7175 21 21 Columbus Caravelle Kukup Harpers Shipping 221-1388 21 21 Renaissance 1 Cruise to Nowhere Renaissance Cruises 222-3388
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    • Article
      SHIP SALES
      880 41 DESPITE the lack of sales reported recently, buying interest for good quality dry bulk vessels remains firm and this has resulted in a number of fresh deals coming to light during the week, mainly in the panamax sector. Two-modern panamax bulkers lead the way with reports that Messrs
      880 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        592 42 •> Vend Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Juroog Port Batam Speed4 033%* P01A 2002 2030 20 02/2230 Ambrasu 1 J9/10 alongside 2102/0(0) Batam Speed4 034%* P01A 2102 2030 2102/2230 Batam Mat) N180 J12 alongside 2102/2300 Batam SeeedS A3595* P01A 2102/1300 2102/1500
        592 words
      • Article
        CONTAINER SCHEDULES
        1275 42 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Rtcord Bookini/Bahnce Rslts Ship Voy No Etb/Btr Period From To From Ac SWJII IMA 22/1000 2B 20/1700 21/0659 21/0900 3 21/0/00 21/1159 21/1400 4 21/1200 21/1459 21/1700 Aa VSoH 0448 21/2300 IB
        1,275 words
      • Article
        COCKETT BUNKER MARKET REPORT
        864 42 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        864 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        589 42 Urton Canon Feb 9 Demity Mater Rendu* Mi Mmnun Setfcnent m uensrty water K«nue ran wmin ;*arwr* M/M Ml* E*M* Lom KG/IT3 V/V M/M 1 MM PPM method RG/M 3 y/y MM MM PPM inettwd BO/Q»cl«bSp«c 991 10 150 010 30" 010* 180 A 986 03
        589 words
    • AIR AND LAND TRANSPORT NEWS
      • Article, Illustration
        Qantas to launch new S'pore to Melbourne service via Bali
        415 44  -  By Conrad Raj SINGAPORE Australian carrier Qantas plans to launch a new service next month from Singapore to Melbourne via Bali. The thrice-a-week service will add to the carrier's 73 departures a week from Singapore. This was disclosed yesterday by
        415 words
      • Article
        Lock icon Second runway planned for Osaka's Kansai
        194 44 AFP TOKYO Japan's transport ministry is planning to build another rtfnway at Osaka's Kansai International Airport and a new international airport in central Japan, a leading business daily reported yesterday. The cost of building a second runway at Kansai, which opened in September as
        AFP  -  194 words
      • Article
        Lock icon Venezuela air force occupies airport control towers
        440 44 Bloomberg Business News CARACAS, Venezuela President Rafael Caldera clamped down on the first major labour conflict of his presidency by ordering the nation's air force troops to occupy the control towers of nearly all of Venezuela's airports. Blastoni Gonzalez, president of Venezuela's air
        Bloomberg Business News  -  440 words
      • Article
        Lock icon Miami airport expansion in turmoil, says paper
        206 44 Reuter MIAMI An ambitious US$2.B billion (SS4.I billion) expansion aimed at turning Miami International Airport into a modern "Hub of the Americas" is in turmoil with sparring among contractors, angry employees and lobbyists, the Miami Herald reported on Sunday. Costs of the project
        Reuter  -  206 words
      • Article
        Lock icon China's Red Flag limo battles to make headway
        443 44 Bloomberg Business News BEIJING In a bid to shed its stodgy 1950s image, the producers of China's Red Flag limousine have introduced a sleek new model based on a German Audi complete with metallic paint, leather seats and a refrigerator. "Right now,
        Bloomberg Business News  -  443 words
      • LOG BOOK
        • Article
          Lock icon Japan quake trims Toyota output
          99 44 Knight-Ridder TOKYO Production, sales and exports by Toyota Motor Corp were sharply down in January from a year earlier as a result of the damage caused by the Jan 17 earthquake, company officials said yesterday, Kyodo news wire reported. In contrast, Toyota's main competitor, Nissan
          Knight-Ridder  -  99 words
        • Article
          Lock icon Air India inducts ground staff
          107 44 AFP NEW DELHI Air India has begun inducting ground stafT to operate its flights as a crippling protest by cabin crew entered a second week, a spokeswoman said yesterday. Some 150 ground staff were given crash courses in flight safety before they were asked to
          AFP  -  107 words
        • Article
          Lock icon Air NZ operating at 80% of capacity
          98 44 Bloomberg Business News WELLINGTON Air New Zealand Ltd said it operated at about 80 per cent of normal capacity yesterday, following the grounding of 10 of its 13 Boeing 737 fleet on Friday. The planes were grounded after the airline suffered a fourth
          Bloomberg Business News  -  98 words
        • Article
          Lock icon Northwest to cut 100 jobs in Taiwan
          114 44 Bloomberg Business News TAIPEI Northwest Airlines Inc plans to drop a route between Taipei and Seoul and slash its Taiwan workforce by about a third, a senior executive in Taipei said on Saturday. "Approximately 100 staff, including flight attendants and ground workers, will
          Bloomberg Business News  -  114 words
      • Article
        Lock icon Chrysler denies report of joint venture talks in Taiwan
        229 44 Bloomberg Business News DETROIT Chrysler Coip on Friday denied reports it is seeking partners for a joint venture to produce automobile parts in Taiwan as part of the company's efforts to lower component costs. "There are no discussions on joint ventures
        Bloomberg Business News  -  229 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1728 44 CHI "W ET* n» FTD_ 9ft fltfrt ETA nm TO WWW GA974 2245 Fahuofca SQ98Q 1720 SQ990 0125 Adeiaide Qf81 1930 Qf82 2050 ttiwn SRI 83 2140 ***** 2U0 Ha||#J VUMI 1310 VN740 1410 SS 7 7 IS? SS? S?ls 1 is® 7 2300 Ml896 1920
        1,728 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      32 27 LAW PAGE Every Thursday in Business Times Amsterdam port looks to Asia, Pg 3 US travel agents fight cap on commissions, Pg 13 Qantas to launch S'pore-Melbourne service via Bali, Pg 18
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      Page 27 Advertisements Column 2
      25 27 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
      25 words
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      Page 27 Advertisements Column 3
      555 27 More than 150 Inland Points in USA Every Friday Saturday Sailing Hotline: *****30 For more information, please refer to Pg. 6 \> SIBCON '95 30-31 March 1995 Raffles City Convention Centre, Singapore BUNKERING: RESPONSIBILITY PROFITABILITY SIBCON. the world's premier bunkering conference will be held for the seventh time In Singapore
      555 words
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      1579 28 r NORTH AMERICA I OlWWWffllwnOTri I NORTH AMERICA 1 HBELi efiAl 3LH MQ WET CO IT Of Ciwlim HHMfft MiaiKHi an Bflum mmm mm#ma w—r *MQ Wl JTOK II OM «a JO Ml HOUSTOI CMC W WDCO "™«1 WT U fnm «sa I U 4CA fT QUIT I MUM rr
      1,579 words
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      Page 28 Advertisements Column 2
      40 28 z m 1 O J pn. am LEAD BYf EXAMPLE I <m+> For some of the best examples-; of good management. —j Enterprise Management, ■*1 Every Monday. i I i i I a m Business Times WIBKfAJU i i t
      40 words
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      Page 29 Advertisements Column 1
      1005 29 I M I UNITED ARAB I 11 SEALORD SHIPPING AGENCIES *****73 I -IttL/WY ISM I PSO DXBI SHJ KM I AIM I o*Mt I BAH I DOH I VSL/WY IM I BMP I BKM I Kl/WY SM CM P H MU't CIOSW 27/2 13/3 U/3 13/3 15/3 14/3 14/3 15/3
      1,005 words
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      Page 29 Advertisements Column 2
      398 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) I PROM AUSTRALIA (EAST COAST) KSSCI/WY «T KG SCP M JYB MO BUR MOB KSSa/VOT M STO MD Mf HOB *T I fit A MTWMII »2J 10/02 22/02 21/(2 11/03 14/01 A MTMMH «1N 30/01 02/02 11/(2 20/02 22/02 A ASM
      398 words
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      Page 30 Advertisements Column 1
      1392 30 R DAM li SOUTH- PORT VOY NO HAMBURG ANTWERP HAVRE AMP TON KELANQ S PORE HKO KAO TYO SHI KOB NAG KITANO 28/205 31/1 2/2 4/2 23/2 24/2 28/2 2/3 9/3 7/3 STUTTGART EXPRESS 08/405 4/2 8/2 8/2 1/2 28/2 2/3 8/3 7/3 KIRISHIMA 08/206 7/2 9/2 H/2 3/3 7/3
      1,392 words
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      Page 30 Advertisements Column 2
      512 30 IS'pore P Keiang Loading for VLAHERNA 22/2 Rdm/Atw/UK/Nantes H ESER KAPTANOGLU 22/2 26/2 Rdm/Atw/Bmn/UK APOLLON 28/2 2/3 Rdm/Atw/UK/Nan •Loads E./W. Malaysia. Indonesia I Loading for JEMIMA M Dubai/Damman/lddah/Aqaba MANISAMUT NAREE Kuwait/Damman/Dubai I •Loads Singapore. E./W. Malaysia. Indonesia I Loading for V PAN EXPRESS Los Angeles/New Orleans/ I Charleston/Norfolk/Camden fi BILLIE
      512 words
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      Page 30 Advertisements Column 3
      1303 30 I NOR AS! Ail I ntwouo 11/04 14/04 15/04 14/04 15/04 16/04 17/04 17/04 19/ I I MOB ASIA SEOMSTSJ?* n?/M i 4 17/ 11/03 »«/03 19/03 20/03 21/03 21/03 22/B3 I I /03 24/03 »/0 3 3 27/03 27/03 20/03 20/03 30 C I 10/03 30/03 W/ 04 03
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1476 31 C 23 STRAITS SHIPPING PTE LTD I fllSf 10 Hoe Chiang Road #11-01 Keppel Towers 0208 Tel: *****88 fax: *****17 I NEW QUW«A PACWC UtM av&f <* stnvwt or cmna mavoatioh oat ACCIPIS yaw*' ClWfiO W* SMS C I MAGA M3O ¥***** Mum. lab. KK 21 Fob 22 Feb FCL,
      1,476 words
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      Page 31 Advertisements Column 2
      2163 31 0 Singapore Agent: I .AfITOI P&O Containers (Singapore Agencies) Pte Ltd O 10 Hoc Chiang Koad. #07-01 keppel Towers, Singapore 0208 First Class Connections WORLDWIDE Tel: 225 2233 side*: RS ***** PNOCSP #Fax: 225 5327/222 7517 I 1 K .Number: IU4VUV I(XXX)/ «IML VO* 'WW 'WO SM SOU ANT HOT
      2,163 words
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      Page 31 Advertisements Column 3
      596 31 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PHI PEN KJH SIN HUG MO TAI Mf YOK TKY WAG MB OSK MOl BUS WAN HM 211/NO/6 18/02 19 0? 21/02 22 23 02 2//02 01/03 03/03 1/SwMO- 09/03 10/03 11/03 WAN WU 202/N076 22/02 23 02 24/02 26 2/ oT 03 03 04/03
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      Page 32 Advertisements Column 1
      517 32 JOINT VENTURE WV SAMUDERA INDONESIA SIR RICKMERS win SINGAPORE CHINA DASA SEPU.UH VOY 3NB 14 FEB QINGDAO GREEN ERA VOY 4NB 13 MAR XINGANG SHANGHAI INDUCEMENT CALL P KELANG INDUCEMENT CALL HK. P GUDANG. BELAWAN. TG MAN XIAMEN. HUANGPU 0 UTAMA HARTA -V WEEKLY FULL CONTAINERSHIP FEEDER VESSEL NAME VOY
      517 words
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      Page 32 Advertisements Column 2
      1263 32 H ANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FM VSI SM LM HAW. Sl* TW TO* ttl SM IIME HAUL SAV IM NTC HANJW MOHSUNG 0191 24 2 D«CI 16/3 17/3 11/3 POHANG IS5€ 2V2 M {Lit Oft OIK 30/3 31/3 1/4 HAMJM
      1,263 words
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      Page 32 Advertisements Column 3
      1418 32 AU .T(J. T7T|^ Im use wc uc wKloam* no iu cms bal mtc lmy«* u w hbc no cm nu str (aOHHKt n/J I) 4,3 7/3 83 »/J N/3 11/1 HI 4/4 4 7/4 17 411 4 114 21M TM Ti 11/S 16/5 17/5 I. CMTIiMOM 13 12/1 15 1
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      Page 33 Advertisements Column 1
      2045 33 TO MOMBASA AND PAR SALAAM Jiwt'i OmmtW AfMfi. Tol (Gooortl): *****00 Solox. Booking: Agoncy Itop*. riKTif «UIPDIkir OTC I rn r,x (®*wa» *****99 ConUlnor: *****41/944 ComWw S« O/l: *****02 Oporalloo Comtoktor. 4205/15 Li(piMir snirriNb rffc Lit/ mim coship c»w«hmw. *****50 »ft *****0s fmitimi. *****4 c »Mt<M trar <>17-00 CO Mk
      2,045 words
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      Page 33 Advertisements Column 2
      642 33 HEUNG-A SHIPPING (KOREAN FLAG) RtlY CWffWPBB SHIWCt I I CWKPTKHWI SOfflCt JAJtAHTAOVC I HJ»f HKpf I JKT I HK« WC f MOJI W HKOI «M iJKTI SOYI HKQ| I a OB* I V.507H 24/02 01/03 05/03 07/03 13/03 17/03 10/03 H/03 WO. > PONAM M2W 14/02 "Tj/02 1 01/031 ?t/02j
      642 words
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      Page 33 Advertisements Column 3
      241 33 SHIPPING WAREHOUSING H SfIIV!IIIIIHIMVIRMMMM H a j| y\ Singapore Looking E«*ry Mon To Fri v\ (BATAMINDO l/ll) Y> jv3 Accopltng FCL/Convonliooal/Profoct I Hoovy Lift Corgo A Tel: 227-0322 U '/A Batamlndo Shipping F Warehousing Pte Ltd > Vk Fax: 222-9330 LINER SHIPPING PTE LTD TIME rnoFEssMoiVs* LINER LINER LINER *****33
      241 words
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      Page 33 Advertisements Column 4
      585 33 FAMOUS CONTAINER LINES —80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 27/02 ROTTERDAM 27/02 AARHUS/COPENHAGEN 27/02 HAMBURG/BREMEN 27/02 MARSEILLE/FRANCE 23/02 FELIXSTOWE/UK 27/02 BARCELONA/SPAIN 24/02 lEHAVRE/FRANCE 28/02 GENOA/ITALY 25/02 ANTWERP/BELGIUM 28/02 LOS ANGELES/WC/IPI 24/02 SYDNEY/MELBOURNE 22/02 NEW YORK/EC 24/02 FREMANTLE/ADELAIDE 23/02 VANCOUVER 24/02 BRISBANE 28/02 TORONTO/MONTREAL 24/02
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      Page 34 Advertisements Column 1
      1146 34 pi VESSEL VOV SIN JKT I |g|| VESSEL I VOY I SIN I PEN H |j VIRA BHUM 122S Tua ln_Pt Fri 24/2 fi THANA BHUM 109N Tua In PI Thu 23/2 ■gll VESSEL VOY SIN BKK WANA BHUM 2MS Wad 2272 Sat 25/2_ hqta jaDE JADQ4I W«d 22/2 Fri
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      Page 34 Advertisements Column 2
      942 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR *****920f1p0N STRAITS SHUTTLE SERvicE PORT KLANG PENANG vtsstL JJOY SJW PKL VESSEL I VOY I g PEN SEA LAUWL 364 M 23 2 (TW) 2*,2 (FW) MCC CONVEYOR SO 12 22/2 (UUCP) 24 2 <18l »OUW GEMHI ****** 24
      942 words
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      Page 35 Advertisements Column 1
      1155 35 55 ADVANCE CONTAINER LINES (PTE) LTD g\ I MO CocN Slrool, #12-00, PIL Building, Singapore 0100 J*"*'" TEL: *****21, FAX *****10, TELEX RS ***** ACLPL I ——jAMOKolt IUU4A mum II mwt. -J —H <• M MX, 2 MMngs to MIT. 1 SaMng le LCH) (1 ImHh ß »/W—>) i pat
      1,155 words
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      Page 35 Advertisements Column 2
      911 35 IWT I I lt HAm "amburg thamk hoi it row Antwerp MUf DWDM HQ7W 23/02 15/03 17/03 10/03 20/03 21/03 WU.E 0C LYRA TO7W 02/03 22/03 24/03 20/03 27/03 20/03 WILE K WIA *07W 00/03 20/03 31/03 02/04 03/04 04/04 Will Dt TIIAIM TOW 05/04 07/04 00/04 10/04 iI/04 •AISO
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      Page 35 Advertisements Column 3
      568 35 BSA M MYANMA Bk FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) Sport PKI| Pen P.Gdf HPA-AN ¥207* 22/24 F«0 PATHBN VI3IW 27/01 Mar v PAGAN V2IOW 2«/01 Mar MALAYSIA AGENTS 00USTEAD SHPPHG AGENCCS KU.: TEI 02-03-*****00 M(l TIL 02-03-3(0(7(7 Wl: TU 02 04-*****02 PfiD: TU 02-07
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      660 38 IV TEL: *****33 (12 Lines) K FAX: *****15/*****03 Ictj TELEX: RS ***** RISHIP (3 Line*) 1 CR NO.: **********0E ffi ETHIOPIAN SHIPPIM LINES f (Nitkmal lints of Ethtopit) ACCEPTING FCL AND CONVENTIONAL Vessel Voy ETA Loading For Spore Andinet 38WB 12/04 Mombasa. Djibouti AssaD. Massawa Abbay Worn 43W8 06/05 Mombasa.
      660 words
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      Page 38 Advertisements Column 2
      622 38 A AFGHANISTAN MAM Afghanistan Ltd., ■LJH Hairatan. Torghundi, Islamqala (Doqharun) ■WeOtEwe C.1.5./RUSSIA: ma Ata. Ashkhabad. Baku. Dushanbe. I Irkutsk. Khabarovsk. Krasnoyarsk. Korsakov. Moscow. MllliZßf ot MUnCn Novosobirsk. Sochi. Tashkent. Tbilisi. Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator n orea: Pyongyang, Natnpo I EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA
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      Page 38 Advertisements Column 3
      280 38 FOONG SUN T" SHIPPING (PTE) LTD. WHOLESALE CENTRE. BLOCK 1, #03-10 SINGAPORE 0511 BOOKING/ENQUIRIES CR NO: 10MM*****W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP VESSEL VOY ETA ETD OESTWATWN SUN RAY 4/95 27/2 2S/2 PIAJU/PAIEMBANG 0-TSU I 4/95 23/2 2S/2 PONTIANAK/SMTETE SUN MV 4/95 27/2 2t/2 BENQOIU/PADANG SUN
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      Page 38 Advertisements Column 4
      253 38 ASIA HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 21/2 22/2 23/2 HKG/BKK/KEE/KHH G bur|/CT»a|en/S hofcn/Oslo 19/2 20/2 21/2 j 24/2 25/2 26/2 HKG/BKK/KEE/KHH Piraeus 25/2 26/2 27/2 27/2 28/2 1/3 HKG/BKK/KEE/KHH Ldn/FI«/Rtm/Ant/Ham/Leh 25/2 26/2 27/2 i 21/2 22/2 23/2 SHANGHAI/DALIAN I JPN/KOREA/MANILA ~J I XIAMEN/BEIANG Mania/Cebu 22/2
      253 words
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      Page 43 Advertisements Column 1
      492 43 ▲HYUNDAI MERCH AN^ WESTBOUND TO EUROPE BKG: *****61 |~pna [we peo vessqs voy sm rtm ant leh ham brej Fa 22/02 24/02 25/02 H. PIONEER 313* 27/02 17/03 19/03 ***** 19/03 19/03 21/03 01/03 03/03 04/03 H. FRONTO 315* 06/03 24/03 26/03 25/03 26/03 26/03 28/03 08/03 10/03 11/0S FREEDOM
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      Page 43 Advertisements Column 2
      386 43 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE 1 RORO CARRKR SPECIALIZE M HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS In* letd ttSSEI VOY Sift M LOAOMG FOR ANDHKA ADOtATNA 4 71/2 MM 24/2. TANJONG MAMS 20/2 EUNTU.U 27/2 OCEAN BLUE 10 25/2 20/2 BANGKOK 1/3 GOLOEN SEANAY 1
      386 words
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      Page 43 Advertisements Column 3
      705 43 vtSStL YOT SW ETA/O LAX OAK CHI "i>AL MEM/COL ~HOU *NYC Ht MACKWAC BRPGE 83A 23/02 /24/02 12/03 14/03 15/03 16/03 16/03 17/03 17/03 18/03 ALLIGATOR TRRITH 61A 02/03 /03/03 18/03 21/03 22/03 23/03 23/03 24/03 24/03 25/03 GEORGE NASHW6TON BRPGE IM 09/03/10/03 26/03 21/03 29/03 30/03 30/03 31/03 31/03
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      302 43 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 K 1.1 2.4 2.1 2.9 2.7 2.3 1.6 1.1 0.7 0.5 0.5 0.1 1.3 1.9 2.4 2.5 2.5 2.2 1.7
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