The Business Times, 23 February 1995

Microfilm: NL19772
Total Pages: 52
1 52 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Thursday February 23 1995
    11 words
  • 2am LATEST
    • Article
      Lock icon Israel to sell 51% stake in national airline
      49 1 Bloomberg Business News NEW YORK Israel's government plans to sell 51 per cent of national air carrier El Al Israel Airlines on the Tel Aviv and New York stock exchanges by late March 1996, the company's president, Rafi Harlev, said yesterday.
      Bloomberg Business News  -  49 words
    • Article
      Lock icon Russia diversifying trade
      64 1 Reuter LONDON Russia is rapidly re-directing trade away from its "traditional" market of other CIS states and is pushing into Western Europe and the Far East. A report from Barings Securities yesterday said: "We would expect trade with CIS countries to comprise around 20 per cent of
      Reuter  -  64 words
  • Article
    MARKET SUMMARY
    175 1 Stock market indices Wednesday Change STII 2,053.32 -51.82 KLSEComp 941.07 -30.03 Nikkei 18,106.65 +10.40 Hang Seng 7,909.27 -173.02 SET Index 1,265.95 -22.36 Jakarta Comp 454.89 -0.94 Manila Comp 2,598.14 7.78 Taipei WPI 6,603.88 -29.15 Seoul Comp 919.48 +1.73 Bombay BSE30 ..3,233.31 -47.52 CLSA China B 810.29 -7.72 Aust
    175 words
  • Article, Illustration
    Lock icon Washington DC going bust unnerves region's markets
    514 1  -  By R Sivanithy SINGAPORE Regional stock markets were unhinged yesterday by reports that the District of Columbia, home of the US capital of Washington, had gone the way of Orange County. The Straits Times Industrials Index lost 51.82 points, or 2.46 per cent,
    Source: Bridge Info  -  514 words
  • Article
    Congressional board to take charge of DC's finances
    221 1  -  From Leon Hadar in WASHINGTON A CONGRESS-LED financial control board is expected to take charge of the US capital's spending in a few weeks as Washington's leaders agreed yesterday that their city was on the verge of bankruptcy. A top committee of
    221 words
  • Article
    Lock icon Dow up 17.8 points at 2am
    90 1 Reuter NEW YORK Stock prices rose yesterday following Federal Reserve chairman Alan Greenspan's reassuring comments about the economy. The Dow Jones Industrial Average was up 17.83 points at 3,981.80 at Ipm EST. In the broader market, advancing issues led declines by a narrow margin
    Reuter  -  90 words
  • Article, Illustration
    Sale of two CBD office sites poised to set new benchmarks
    658 1  -  By Lee Han Shih SINGAPORE All eyes will soon be on the sale of two prime pieces of state land in the Central Business District which developers say could fetch more than $700 million in the current bullish office
    658 words
  • Article
    SES to cut commission rates for deals above $1.5m
    447 1  -  By Amy Balan SINGAPORE In a move that industry sources say could push foreign brokers to seek membership on the local exchange, the Stock Exchange of Singapore is slashing commission rates for trades above Si.s million. The move, which takes effect
    447 words
  • Article
    Lock icon Dollar tumbles after Greenspan hints that rates will not rise
    413 1 Bloomberg Business News AP NEW YORK The dollar yesterday tumbled to a 28month low against the German mark and slumped against other currencies after Federal Reserve chairman Alan Greenspan stirred speculation that the Fed would not raise interest rates soon.
    Bloomberg Business News; AP  -  413 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      146 1 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; 23. 1333 Kuala Lumpur: Phone. 757 0233 Petiang: Phone: 615%: 619 014 Jakarta: Phone, *****9/*****8 CONTENTS S>*e News 2 Regional News 3.4.6 Financial 28.29 World News 8.9 Features Markets Analysis 23 CM>/KLS£. SES 32 34 Editorial 22 Regional 30 Sports 16
      146 words
    • Advertisement
      Page 1 Advertisements Column 2
      26 1 Innovation: Pa 17 An intelligent photocopier S'pore pulls out of Malaysia Cup for good Pgl6 Bank of East Asia to buy United Chinese Bank Pg 24
      26 words
    • Advertisement
      Page 1 Advertisements Column 3
      31 1 Hock Lock Siew: Tuning into MBM The Kuala Lumpur Stock Exchange will he closed from March I to March 5 for the Hari Rava holidays. Business will resume on March 6.
      31 words
    • Advertisement
      Page 1 Advertisements Column 4
      17 1 *ooftom Line: Pg 24 Don't dismiss S'pore manufacturing Three sites pulled out of HK auction, Pg 4
      17 words
    • Advertisement
      Page 1 Advertisements Column 5
      41 1 GOLF HOUSE fk HOUU\Le« Ann Gty GOtf HOUSE Centrepoinf HOUSftnTrmost Plaza GOLF HOUSE Marino Square t RJ h Sporting House Croup Greenspan: US growth will slow, Pg 24 CnristianDior j ~s •-.'3 V. r<: .UM >. '~r r- •■> ~v, H- > •■•-SJrii Wtim
      41 words
Page thumbnail Page 2
  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Something to chew over
        320 2  -  by Ven Sreenivasan THE latest catering trade index figures seem to suggest the local pastime of eating is on the wane. Restaurants, fast-food outlets and other eating places saw a measly 0.9 per cent rise in volume of business, or how much food was served, for
        Source: Dept of Statistics  -  320 words
    • Article
      Falling flash memory costs a boon for mobile computing
      304 2  -  By Claire Leow PRICES of flash memory products are expected to fall sharply this year and could plunge as much as 80 per cent in three years, says US market research firm Dataquest. The firm expects an average 16 megabyte (MB)
      304 words
    • NEWS ROUNDUP
      • Article
        PSA on recruitment drive
        72 2 THE Port of Singapore Authority (PSA) plans to recruit more than 400 people this year, in line with the expansion of its terminal facilities. The PSA will launch its recruitment drive at the Career Exhibition '95 to be held from this Saturday to March 1. This
        72 words
      • Article
        Teleshop Corner franchise
        99 2 lELECOM Equipment yesterday launched a franchise scheme for its retail arm Teleshop. The franchise scheme, called Teleshop Corner, is expected to extend the group's retail reach to areas which cannot profitably support a full-sized outlet. A Teleshop Corner is a smaller version of a full-sized Teleshop. fwo
        99 words
      • Article
        One-stop change of address
        130 2 FROM March 1, NRIC holders can make use of the One-Stop Change of Address Reporting Service (Oscars) provided by the National Registration Department. A holder needs to report his change of address just once at the National Registration Office, or a Neighbourhood Police Post or police
        130 words
    • Article
      Case wants the law to make lenders disclose actual cost of loans
      634 2  -  Banks say they are already giving information to customers By Catherine Ong, Soh Tiang Keng THE Consumers Association of Singapore (Case) will press for legislation to force financial institutions to make clear the actual cost of consumer loans
      634 words
    • Article, Illustration
      Suntec City sees strong take-up of its mega mall
      368 2  -  Reports by Jenny Lam SUNTEC CITY has found tenants for 70 per cent of the first two phases of its mega mall despite sluggish retail business in Singapore. Suntec business development general manager Ngeow Voon Yean told Business Times that about
      368 words
    • Article
      Chinese chamber to assume a greater role in region
      405 2  -  By Teh Hooi Ling THE Singapore Chinese Chamber of Commerce and Industry (SCCCI) will expand its playing field beyond Singapore, having attracted a group of high-calibre people to head its various committees. "Following companies' regionalisation and globalisation moves, we can no
      405 words
    • Article
      Tenants to boast new shopping concepts
      250 2 NEW shopping concepts will be introduced to Singapore when three Suntec City Mall anchor tenants Warner Brothers Studio. Royal Sporting House and Fun Dazzle open later this year. Warner Brothers will set up its first flagship store in Singapore at the Galleria. The 10,000-squarc-foot
      250 words
    • Article
      President Ong seeks clarification from court on powers
      416 2  -  By Ramesh Divyanathan PRESIDENT Ong Teng Cheong has exercised his constitutional right to refer a question about presidential powers to the courts. The Supreme Court said yesterday the issue was whether the president has the power to withhold his assent to any
      416 words
    • Article
      Jayakumar: Apec's success in Osaka hinges on Japan's action agenda
      276 2 THE success of the Asia Pacific Economic Cooperation forum's November gathering in Osaka hinges on the action agenda that Japan develops. Foreign Affairs Minister S Jayakumar said last night. "Japan now has the important responsibility to develop an action agenda
      276 words
    • Article
      Phuket: a rising property investment spot
      264 2 PHUKET is on the way to becoming an alternative real-es-tate investment location to well-established places like Malaysia. Australia, and the UK. And rightly so, said Phuket real-estate developer Banlur Tantivit. He was here to launch the freehold Patong Tower condominium at the Goodwood Park
      264 words
  • Page 2 Advertisements
Page thumbnail Page 3
  • SOUTH-EAST ASIA
    • Article, Illustration
      Indon aircraft maker's bid for export financing rejected
      549 3  -  From Leslie Lopez in JAKARTA A BID by Indonesia's ambitious state-owned aircraft manufacturer to secure export credit has been rejected. This could again pit the aircraft's promoter, Technology Minister BJ Habibie, against Finance Minister Marie Muhammad. Mr Marie told a parliamentary hearing
      549 words
    • Article
      Lock icon MAS to double cargo capacity at airport
      308 3 Reuter KUALA LUMPUR Malaysian Airline System Bhd (MAS), stung by press criticism about congestion at its airport cargo complex, yesterday said it was spending Ms2o million (5511.4 million) to double capacity. Senior officials of the national carrier also took a team of reporters
      Reuter  -  308 words
    • Article
      Accountants see new Indon rules having little impact on profits
      186 3  -  From Leslie Lopez in JAKARTA NEW accounting principles applicable to all Indonesian companies from Jan 1 this year sparked fears yesterday that it could hit the profitability of public listed companies. But accountants say the impact will be minimal. Much
      186 words
    • NOTE BOOK
      • Article
        Lock icon Thai mission meets Myanmar junta
        72 3 AFP BANGKOK A large group of visiting Thai businessmen on Tuesday called on senior Myanmar military junta members in Yangon, state-run Radio Rangoon reported in a dispatch monitored here. A total of 86 businessmen, led by Photipong Lamsam. chairman of the Board of Trade, held
        AFP  -  72 words
      • Article
        Lock icon M'sia urges new talks on islands
        72 3 AFP KUALA LUMPUR Malaysian Foreign Minister Abdullah Badawi yesterday urged Jakarta to cool down and enter fresh talks to resolve a 25-year-old dispute over two islands now featured in the Indonesian map. The dispute over the Sipadan and Ligitan islands could not be resolved
        AFP  -  72 words
      • Article
        Lock icon Hotel scandal MP quits posts
        82 3 AFP KUALA LUMPUR An opposition MP of the fundamentalist Parti Islam Malaysia (PAS) facing charges under Muslim law, after being found in a hotel room with a woman colleague, has quit all party posts, PAS officials said yesterday. "The party's central executive committee has decided
        AFP  -  82 words
    • Article
      Row over two airports puts S'pore firms' deal with Manila taipans in limbo
      462 3  -  From Al Labita in MANILA CONTROVERSY over a proposed airport expansion has put a 5540.2 million deal between three Singaporean Arms and six Manila taipans in limbo, a source said yesterday. The source, speaking on condition of
      462 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      266 3 For your CPF investment, choose Great Eastern Life, the company that always provides a wide range of investment plans to suit your individual needs. Congratulations. You're now able to invest your CPF funds under the of investment plans, your financial planning is made easier. Cn .c /CICX The Great CPF
      266 words
Page thumbnail Page 4
  • CHINA/HONGKONG/TAIWAN
    • Article
      No bids, so 3 industrial sites pulled out of HK auction
      411 4  -  From Lim Soon Neo in HONGKONG THE Hongkong government had to withdraw three industrial sites from a land auction yesterday although it sold two residential sites one of which was at a better-than-ex-pected price. There was no bidding at
      411 words
    • Article, Illustration
      Lock icon Budget will be non-event in cash-rich Hongkong: analysts
      365 4 Reuter HONGKONG Hongkong's coffers are so full that despite facing the tightest revenue constraints for years. Financial Secretary Hamish Macleod has no need to resort to drastic measures in his 1995/96 budget next week. Forecasters yesterday said that Mr Macleod. in his
      Reuter  -  365 words
    • Article
      Lock icon Beijing drafts law on negotiable instruments
      173 4 Reuter BEIJING China's parliament has begun deliberating a draft law to standardise negotiable instruments such as cheques, Beijing's first attempt to regulate a rapidly growing section of its economy, newspapers said yesterday. The draft law aims to regulate the huge flow of funds around
      Reuter  -  173 words
    • Article
      Lock icon China sacks steel industry official for graft
      263 4 Bloomberg Business News BEIJING The deputy party secretary of one of China's biggest steel producers. Anshan Iron and Steel Works, has been stripped of his job for graft. The official Beijing Youth Daily yesterday said Zhang Wenxiao. formerly a "rising star" in northern
      Bloomberg Business News  -  263 words
    • Article, Illustration
      Lock icon A small attempt at a record
      77 4 Reuter TAIPEI Chen Hong-hsien, a 39-year-old print-shop technician, displaying a tiny version of Snow White and the Seven Dwarfs here on Tuesday. Mr Chen's creation is 9mm by 9mm and contains 76 pages of Knglish text. He is planning to enter it into the
      Reuter  -  77 words
    • Article
      S'pore company to invest $4m in medical, training centres in China
      294 4  -  By Teh Hooi Ling SINGAPORE A company owned by Bcdok GRC Member of Parliament Arthur Beng and his wife will soon set up a medical centre and a training centre in China at a cost of $4 million. The
      294 words
    • Article
      Lock icon Beijing says revival of food ration coupons will be short-lived
      293 4 Reuter BEIJING China yesterday said the revival of government food ration coupons was not a permanent solution to reining in spiralling inflation after more than 20 cities reintroduced the system nurtured by Chairman Mao Zedong. "The day when coupons will
      Reuter  -  293 words
    • Article
      Lock icon Taiwan govt officials to join China talks
      102 4 AFP TAIPEI Taiwan plans to allow members of its government to participate in formal negotiations with China for the first time since 1949. in a move which would further soften a ban on official contacts with Beijing. An official in Taiwan's top China
      AFP  -  102 words
    • CHINA WATCH
      • Article
        Lock icon Need for short-term market in China
        64 4 Reuter BEIJING The lack of an efficient short-term capital market in China is pushing thousands of companies into debt and obstructing economic development, an official newspaper said yesterday. Development of a market for capital for less than one year lags behind markets elsewhere in
        Reuter  -  64 words
      • Article
        Lock icon Deng watch launched in Guangzhou
        66 4 AFP BEIJING A gold diamond-encrusted watch bearing the face of China's patriarch. Deng Xiaoping, was officially launched onto the market in Guangzhou, the Xinhua news agency reported yesterday. A large ceremony was held on Tuesday in the presence of senior officials of China's southern Guangdong
        AFP  -  66 words
      • Article
        Lock icon Together but apart
        89 4 AFP HONGKONG Despite the lack of official ties with China, residents in Taiwan's Quemoy islands are in constant touch with mainland friends and relatives by mobile phone, it was reported here yesterday. Residents in Quemoy the Taiwan-held group of 12 tiny islands off south-eastern China's Fujian province
        AFP  -  89 words
      • Article
        Lock icon Taiwan trails dragons in trade
        62 4 AFP TAIPEI Taiwan's exports and imports were the lowest among the four Asian "dragons" last year, the Directorate General of Budget. Accounting and Statistics said yesterday. Taiwan's exports totalled US$93.l billion (S$ 134.9 billion) in 1994. while those of the other "dragons" Hongkong. South Korea
        AFP  -  62 words
      • Article
        Lock icon Crackdown nets 260,000 guns
        87 4 Reuter BEIJING Fighting to hold back a rising tide of armed crime. Chinese police seized 260.000 guns and 1,600 grenades in the first five months of a crackdown on illegal weapons, the China Daily said yesterday. The nationwide campaign, launched last August, also netted 780.000 rounds
        Reuter  -  87 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      296 4 > HAII MARCH 1995 PAN PACIFIC HOTEL, SINGAPORE OFFICIAL OPENING ADDRESS SPECIAL KEYNOTE ADDRESS YBDATO 7 SEW RAFIDAH AZIZ, TAB Datulc Mohd Saleh Minisler of IntemaNonal Trade and hdusky, Malaysia. Tun Datuk Haji Mohd. Said, Chief Minister and Minister of Rncnce, Scfcah. SPECIAL PRESENTATION YAB TUN DAIM ZAINUDDIN, Coordinating Minister
      296 words
    • Advertisement
      Page 4 Advertisements Column 2
      167 4 BUSINESS TIMES TOLL-FREE TEL. Nol-800-741-1883' FAX: 741-1298 OcMVI The pursuit of excellence is less profitable than the pursuit of bigness, but it can be more satisfying. David Ogilvy If you are interested in pursuing excellence in strategic planning, creativity, and execution, and have 2 <> years experience in public relations
      167 words
Page thumbnail Page 5
Page thumbnail Page 6
  • REST OF ASIA
    • ASIA NOTES
      • Article
        Lock icon Guilty verdict in Lockheed case
        75 6 AFP lOKYO Japan's Supreme Court yesterday gave a final ruling to the 19-year-old Lockheed scandal, finding two Japanese, Hiro Hivama, 85. former chairman of Marubeni Corp and Toshio Enomoto. 68, a former secretary to ex-prime minister kakuci I'anaka, guilty of procuring bribes. The Lockheed scandal
        AFP  -  75 words
      • Article
        Lock icon BOJ chief: quake won't halt economy
        55 6 AFP TOKYO Bank of Japan governor Yasuo Matushita said yesterday that last month's devastating earthquake in Kobe would not interrupt the economy, which is continuing to recover at a gradual pace. The central bank chief said industrial output had returned to normal alter stagnating
        AFP  -  55 words
      • Article
        Lock icon Apec's 51b yen fillip for Osaka
        80 6 AFP TOKYO The Asia-Pacific Economic Cooperation (Apec) forum's annual ministerial meeting and summit in Osaka in November is forecast to inject 51 billion yen (***** million) into the local economy. Sumitomo Trust and Banking Research Institute estimated the direct impact at 28 billion yen,
        AFP  -  80 words
      • Article
        Lock icon Aussie cattle exports to Asia up
        55 6 AFP CANBERRA Exports of live cattle to South-east Asia jumped 53 per cent to a record 290,000 head in 1994, the Australian Meat and Livestock Corporation (AMLC) said yesterday. Australia's two biggest markets in the region, the Philippines and Indonesia, imported 127,000 and 120.000
        AFP  -  55 words
      • Article
        Lock icon Judge returns book royalty
        61 6 AP BOMBAY A judge who received a US$BO,OOO (SS 116,000) payment from a British company that wants to publish his acclaimed book on Muslim law overseas decided to return the money after lawyers criticised the deal, the Times of India said yesterday. It said Judge AM
        AP  -  61 words
    • Article
      Lock icon Cook Islands opposition seeks answers on loans row
      164 6 Reuter RAROTONGA, Cook Islands Cook Islands opposition leaders said on Tuesday they would seek government explanations of the alleged issue of billions of dollars in loan guarantees by the tiny South Pacific nation. But pressure on Prime Minister Geoffrey Henry was tempered
      Reuter  -  164 words
    • Article
      Lock icon Weaker Aussie company profits trim growth forecasts
      444 6 Bloomberg Business News SYDNEY Australian growth forecasts for the final quarter will most likely be shaved following the release yesterday of weaker-than-ex-pected corporate profits in the fourth quarter. The Bureau of Statistics yesterday said corporate profits in the last three months of 1994
      Bloomberg Business News  -  444 words
    • Article, Illustration
      Lock icon Queueing for US visa
      50 6 Reuter DHAKA Bangladeshis queueing up at Dhaka's central post office early yesterday to drop applications for L'S visas under Washington's DV -96 immigration programme, which closes on Feb 25. Postal officials say nearly one million Bangladeshis are expected to apply for a few thousand prospects. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Canberra will back discriminatory Apec bloc if necessary
      356 6 Reuter CANBERRA Australia would support a discriminatory trade bloc for the Asia-Pacific if building a non-discriminato-ry grouping proves impossible, says a draft trade policy document leaked yesterday. "Australia's first preference should be to liberalise on a MFN (Most-Favoured Nation) basis (unilaterally to
      Reuter  -  356 words
    • Article
      Lock icon Ruling Congress party trails in Indian state poll
      175 6 Reuter GUWAHATI. India India's ruling Congress party yesterday trailed a regional rival in the first of six states to count ballots in assembly elections that could prove pivotal for Prime Minister P V Narasimha Rao. With 34 of 59 races decided in
      Reuter  -  175 words
    • Article
      Lock icon Murayama vows to probe latest financial scandal
      372 6 AFP. AP, Reuter lOKYO Japan's Prime Minister Tomiichi Murayama yesterday vowed to get to the bottom of a financial scandal involving a senior lawmaker and illegal loans by shaky credit unions. Mr Murayama told a parliamentary session that he would investigate after reports
      AFP.; AP,; Reuter  -  372 words
    • Article
      Lock icon Australia rapped for lacklustre showing in Asian markets
      331 6 AFP CANBERRA Australia's export performance in key Asian markets has been "very ordinary" and greater effort is needed in future just to retain market share, a leading industry group warned here yesterday. The Australian Chamber of Commerce and Industry (ACCI) said that
      AFP  -  331 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      290 6 HFHline In English Number Your Daily Stars 8450 The Pisces Man Entertainment News 8451 Juicy News Of Cindy Crawford, Richard Gere, Will Smith, Wyonna Ryder Naomi Cambell... Ghost Stories 8452 Breathed Anger; Win Prizes! Children's Funland 8453 Boys A. Girls Come Out To Play Face Facts: Paul McCartney 8454 Dreamland
      290 words
    • Advertisement
      Page 6 Advertisements Column 2
      28 6 ij SHOWER SCREENS 1 mm NC MORE 1 W :T OR r I 'if SLPPERY B F 1 1 1 y£mnm Br on re fume only. TEL *****11
      28 words
    • Advertisement
      Page 6 Advertisements Column 3
      98 6 SUSHI BAR PROMOTION Eat-As-Much-As-You-Like $38 Per Person m n?w;~ 'y apn w* A LA-CARTE SUSHI AT SPECIAL PRICES Toro Sushi Amaebi Sushi Matto Temaki (Tuna Belly) $16 (Sweet Shrimp) $14 (Fermented Soya Bean Paste Handroll) 6 Uni Sushi Aji Sushi (Sea Urchin) $16 (Horse Mackerel) $14 riegi Toro Temaki c
      98 words
Page thumbnail Page 7
  • REGIONAL FOCUS
    • Article, Illustration
      Making progress, but a taxing journey still lies ahead
      1041 7  -  From Peter Seidlitz The writer is Beijing-hased Far East and China correspondent oj Handelshlatt. the German business and financial daily. in BEIJING WHAT is the most efficient administration office in Beijing? It is the State Taxation Bureau, according to Douglas Scott,
      1,041 words
    • Article
      Giordano learns that big isn't beautiful after big flop in China
      843 7 Doing business in Chin; HONGKONG Foreign firms with little experience of China and who are looking to sell to its domestic market are typically bamboozled by the magic "1.2 billion". Those already in the country know just how wishful
      843 words
    • Article, Illustration
      Lock icon Chic slogan sounding a bit strange
      125 7 IN marketing to China, Giordano has focused on image, quality and shopping environment. An advertising campaign projecting a premium image must be backed by quality products and service. The clothing company tries to pitch a "lifestyle image" of trendy, cosmopolitan, well-off young adults buying
      Source: Stale Statistical Bureau  -  125 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      249 7 E /'his article is reprinted from the Feb 6 issue of Business Asia, a fortnightly management report by The Economist Intelligence Unit (Asia) Ltd y The ultimate approach to immediate leadership in profits and market share If you need a proven approach to ensure quantifiable increased effectiveness with your key
      249 words
Page thumbnail Page 8
  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Mitterrand gives job reward to ally
        82 8 Reuter PARIS President Francois Mitterrand, in one of his last major appointments before leaving office, yesterday named his close friend and ex-foreign minister Roland Dumas as president of France's Constitutional Council. The council vets all new legislation to see if it conforms to the
        Reuter  -  82 words
      • Article, Illustration
        Lock icon The president's economic chief
        73 8 AFP WASHINGTON US President Bill Clinton looking on as his ehief economic adviser Laura Tyson spoke to the press yesterday after he announced that she will chair the National Economic Council. Ms Tyson's appointment, which makes her the president's top economic adviser, highlights Mr Clinton's etYort
        AFP  -  73 words
      • Article
        Lock icon France to expel US spies: report
        66 8 Reuter PARIS French Interior Minister Charles Pasqua has asked the United States to recall five of its nationals, including four diplomats, for alleged espionage activities. The newspaper Le Monde yesterday said the five were suspected by French counter-intelli-gence services of being members of the
        Reuter  -  66 words
      • Article
        Lock icon Give peace a chance: Major
        73 8 Reuter BELFAST Britain and Ireland yesterday launched bold plans for a Northern Ireland political settlement, gambling that six months of peace would persuade reluctant Protestants to give the historic proposals a chance. British Prime Minister John Major, bidding to end years of bloodshed, appealed to
        Reuter  -  73 words
      • Article
        Lock icon Italy raises key interest rate
        73 8 Reuter ROME Italy raised its key interest rate to 8.25 per cent from 7.5 per cent on Tuesday after a shock jump in inflation figures plunged the battered lira to new record lows against the German mark. The Bank of Italy said the 0.75 point
        Reuter  -  73 words
    • Article
      Lock icon Germany targets projects linking telecoms, transport
      488 8 Bloomberg Business News BONN Germany said it will boost the development and application of technologies that link transport with communications, in a European market it said could be worth 200 billion Deutsehemarks (*****.4 billion) by the year 2010. Industry bodies said Germany can become
      Bloomberg Business News  -  488 words
    • Article
      Lock icon World drifting towards jobless crisis, warns UN labour body
      401 8 Reuter. AFP GENLVA The International Labour Organisation said yesterday the world was drifting into an employment crisis and called on governments to work together to avert a social disaster. In a major report, W'orUl Employment IWS. the United Nations body said
      Reuter.; AFP  -  401 words
    • Article
      Lock icon German investment recovering but outlook changeable: survey
      217 8 Bloomberg Business News BONN Increased investment by German companies has joined exports as a mainstay of Germany's economic upswing, the country's largest semi-annual business survey found. However, it concluded that the recovery is still not secure. "The German economy in 1995 remains on
      Bloomberg Business News  -  217 words
    • Article, Illustration
      Lock icon Where Chechen homes once stood
      55 8 Reuter GROZNV Russia A Russian soldier resting in front of a demolished block of flats in the centre of Grozny over the weekend. Grozny, the capital of the Russian rebel region of Chechnya, once being home to over 400,000 citizens, is now practically destroyed by
      Reuter  -  55 words
    • Article
      Lock icon Too much, UK opposition says of executive pay
      351 8 Reuter LONDON Britain's opposition Labour Party will launch a major effort to embarrass the government and business leaders over huge pay increases awarded to top industrialists while companies cut staff and services. Business, in turn, conceded on Tuesday that public concern was
      Reuter  -  351 words
    • Article
      Lock icon Maastricht criteria will not ensure convergence: UK
      344 8 Knight-Ridder LONDON European Union countries have to be confident that economic convergence is "real" and "sustainable" before moving forward to monetary union. Bank of England governor Eddie George, in a speech in Luxembourg on Tuesday, said he was not saying that the economic
      Knight-Ridder  -  344 words
    • Article, Illustration
      Lock icon US loan gives Mexico limited benefits
      733 9 Bourse, peso continue to slide as market reacts to deal's stiff austerity terms Los Angeles Times MEXICO CI I V The signing of a US$2O billion (5529.4 billion) credit line to Mexico on Tuesday means that the international rescue package for this nation is
      Los Angeles Times; Reuter  -  733 words
    • Article, Illustration
      Lock icon Tobacco industry hit with US$1.4b suit
      260 9 Florida governor seeks damages to cover state healthcare costs AFP TALLAHASSEE, Florida The governor of Florida has filed a US$l.43 billion (Ss2 billion) lawsuit against cigarette makers in a landmark case over the costs of caring for those suffering from tobaccorelated diseases. Twenty-one US
      AFP  -  260 words
    • Article
      Lock icon Moody's rating agency wields great influence on countries
      616 9 NYT WASHINGTON In the 1960s the most important visitor a developing country could have was from the head of AID, the US agency that doled out foreign aid. In the 1970s and 1980s the most important visitor a developing country could have
      NYT  -  616 words
    • Article
      Lock icon German union gets workers' nod for strike
      192 9 Reuter FRANKFURT German engineering union IG Metall has received at least the 75 per cent majority vote it needs for strikes to go ahead to back its 6 per cent pay claim, union sources reported yesterday. The union is planning to start strikes
      Reuter  -  192 words
    • Article
      Lock icon Supreme Court rejects insurers' challenge to California proposition
      376 9 AP NEW YORK In a climax to the six-year legal struggle over a 1988 rate-cutting initiative, the US Supreme Court on Tuesday rejected the insurance industry's challenge to California regulations implementing the proposition. The ruling on Proposition 103, upholding a unanimous California
      AP  -  376 words
    • Article
      Lock icon Slower British growth may delay prospect of interest rate rise
      417 9 Reuter LONDON Britain's economy grew 3.9 per cent between the final quarters of 1994 and 1993, slightly less than an earlier 4.0 per cent estimate, prompting hope among economists that a slowdown could put off another interest rate rise. Official
      Reuter  -  417 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      127 8 We provide shelf companies and incorporation services in ALL jurisdictions, including British Virgin Islands Cook Islands Cayman Islands -Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For further
      127 words
    • Advertisement
      Page 8 Advertisements Column 2
      149 8 a Visit The Most IOFFICEI Comprehensive tonZBSBEiSI] 17 in con junction with Office Furniture Exhibition In Asia. A must fof architects, interior designers, wholesalers, retailers and others in the furnishing ASEAN FUfft[lJ|9s trade. Office International (Ol) '95 is the only office furniture exhibition in the Asian region devoted wholly to
      149 words
Page thumbnail Page 9
Page thumbnail Page 10
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      389 10 Message from Wong Hoo '"'Chief Executive Officer Technology •-iP- The ISO 9000 certification of our worldwide manufacturing Singapore an our continuous focus on quality and our best value to our customers. jk jjl The multimedia industry is experiencing exciting times as the A v W? PC, telecommunications and entertainment industries
      389 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      211 11 |Kigr7Rii. a t i O N s m to CREATIVE on achieving ISO 9002 Quality Certification JiHEATtVE TtCHN L G Y LTD CERT. NO. 195-2-0407 r U(i *****9002:1994 D DEVICES s^ s,nhu,or CHONG WAH INDUSTRIES PTE. LTD. EXOELPOINT SYSTEMS (PTE) LTD Flexible Polyurethane Packaging Foam Manufacturer 12 Tannery Lane #06-01/02
      211 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      187 12 CONGRATULATIONS fifo to CREATIVE on achieving ISO 9002 Quality Certification CREATIVE TECHNOLOGY LTD CERT. HO. I 95-2-0407 SSIBO 9002:1994 Teck Wah Paper Products Ltd 108 International Road Singapore 2262 Tel: 266 8181 Fax: 266 0546 I fft f #/?a tn Acropolis Electronics Pte Ltd Murata E ectn)nics singapore (pte} Ltd
      187 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      207 13 SO NGRATULATIONS on achieving ISO 9002 Quality Certification m YAMAHA LSI NISSIDENKI (S) PTE LTD Blk 4010 TECHplace 1 #03-01 Ang Mo Kio Ave 10 Singapore 2056 Tel: 552 5471 Fax: 552 5486 I CERT. NO.: M-2-0299 SS ISO 9002:1988 O-) (<o2y) Zylon Technologies Pte Ltd |<j n Keong Printing
      207 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      213 14 A*f II l A T lONS on achieving ISO 9002 Quality Certification vl^ LTD CERT.NO.:9S-2-0407 SS ISO 9002:1994 RAKON PRODUCTS PRIVATE LIMITED RUBYCON SINGAPORE PTE. LTD. Manufacturer Supplier of Quartz Crystal Products 0 Dundee Road #01-02 Crystal Units Clock Oscillator Units Setron Building Singapore 0314 998 Toa Payoh North #03-21/25
      213 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      211 15 CONGRATULATIONS/-;, \M- --|o- CBEATIVII on achieving ISO 9002 Quality Certification CREATIVE TECHNOLOGY LTD CERT. N Q 95.2^)407 SS ISO 9002:1994 Tri M TECHNOLOGIES TRI-M TECHNOLOGIES (M) SDN BHD (S) LIMITED Elect-Chemical Electronics PloH6JalanJelawat 25 Kallang Avenue #07-01/06 6058 Macpherson Road #03-09 Kawasan Perusahaan Kallang Basin Industrial Estate Citimac Industrial Complex
      211 words
Page thumbnail Page 16
  • SPORTS
    • Article, Illustration
      Lock icon S'pore quits Malaysia Cup for good
      546 16 The Straits Times IT IS official. Singapore has decided not to play in the Malaysia Cup soccer competition for good. This was announced by the Football Association of Singapore Council after its meeting at Jalan Besar Stadium yesterday. FAS president Ibrahim Othman. secretary John
      The Straits Times; Reuter  -  546 words
    • Article
      Lock icon Eyes on S Africans and Australasians
      385 16 Alfred Dunhill Challenge AFP JOHANNESBURG Southern African golfers, led by world No 1 Nick Price, and their Australasian counterparts, featuring the world's secondranked Greg Norman, take centre stage this week with the inaugural Alfred Dunhill Challenge. The southern hemisphere version of the Ryder Cup
      AFP  -  385 words
    • SPORT SHORTS
      • Article, Illustration
        Basketball
        35 16 NKU VORK NBA luesdav Atlanta 88 Chicago 105: NY 91 Cleveland 99; Washington 97 Dallas 102: Houston 97 San Antonio 98: Denver 118 LA Clippers 80: Phoenix 121 Boston 129: Portland 99 Minnesota 86.
        35 words
      • Article, Illustration
        Lock icon Boxing
        48 16 AFP INDIANAPOLIS, Indiana Promoter Don King's claim that former heavyweight champion Mike Tyson will be released from prison this week is untrue, an Indiana prison system spokeswoman said on Tuesday. "There is no truth to the rumour." said Pam Pattison of the Indiana Department of Corrections. AFP
        AFP  -  48 words
      • Article, Illustration
        Lock icon Cricket
        46 16 AP DLNKDIN, New Zealand Navjot Sidhu scored an aggressive half-century yesterday as India defeated Australia by five wickets in a Centenary Series limited-overs match at Carisbrook. India scored 252 for five in reply to Australia's 250 for six in scoring an impressive consolation win. AP
        AP  -  46 words
      • Article, Illustration
        Lock icon Soccer
        56 16 AFP HONGKONG National anthems were banned from the Dynasty Cup tournament in Hongkong so Chinese players and officials would not have to hear God Save the Queen. Asian football officials said. Instead the Dynasty Cup teams Japan. South Korea. China and Hongkong just stand in a line before each
        AFP  -  56 words
      • Article, Illustration
        Lock icon Olympics
        141 16 AFP ATLANTA, Georgia A mail campaign starts this week to sell USSSO.OOO (5572.610) luxury ticket packages to the 1996 Olympics, with the pitch aimed at 150.000 wealthy corporate executives. Olympic organisers said 100 of the packages have already been sold. He would not say how much money they hope
        AFP  -  141 words
      • Article, Illustration
        Lock icon Tennis
        185 16 AFP PHILADLLPHI A, Pennsylvania The acting coach for world number one Pete Sampras said here on Tuesday that the US player's bid to stay atop the ATP Tour will keep him from playing against Italy next month in the Davis Cup. "Davis Cup is elite, but you have to
        AFP  -  185 words
      • Article, Illustration
        Yachting
        117 16 SAN DIEGO, California America's Cup 3rd rd Tuesday Ijouis Vuitton Cup Challenger series: Team New Zealand (Peter Blake) b Tag Heuer Challenge (Chris Dickson) by one min 28 sec; One Australia (John Bcrtrand) b Sydney 95 (Syd Fischer) by one min 59 sec; Nippon (Makato Namba) b Rioja de
        117 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      111 16 ■NGRA?ULATI<mSt& TIVE on achieving ISO 9002 Quality Certification la LOOT LTD CERT. NO.: 95-2-0407 P.C.B. Center Singapore genhuat label company 1 1 2 East n Coa f t Ro d B t° s #04-06 Blk A Tong Lee Building Katong People s Complex 35 Kd|ang Puddjng Roa<j Singapore 334 Teh
      111 words
Page thumbnail Page 17
  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Minolta's intelligent photocopier
      695 17  -  Leather-bound books and even three-dimensional objects are not a problem for this advanced system. Seamus Phan discovers Seamus Phan The writer is the zone partner of a strategic planning, quality management, training and tet hnology consulting firm JUST when we thought we had seen everything there is
      695 words
    • IN TAKES
      • Article
        Lock icon Ricoh camera records images, sound
        111 17 Reuter TOKYO Japan's Ricoh Co Ltd said yesterday it had developed a digital camera which can record and play back still or moving images with sound, and is small enough to fit in a shirt pocket. Images and sound can be transferred from the camera,
        Reuter  -  111 words
      • Article
        Lock icon Thai tie-up to make wonder battery
        84 17 Business Day BANGKOK Electric Vehicle Holdings (Thailand) has joined High Technology Holdings, a US energy and transportation specialist, to set up a revolutionary battery manufacturing base in Thailand. Said to be the only one of its kind in the world, the new battery can
        Business Day  -  84 words
      • Article, Illustration
        Lock icon Star gazing
        60 17 AFP WASHINGTON, DC This Nasa Hubble Space Telescope photo, (right) released on Tuesday, reveals violent star formations within a 1,000-light-year-across region at the core of NGC 253, the closest starburst spiral galaxy to Earth. The galaxy, seen by a conventional ground-based telescope, (left) is located about eight million
        AFP  -  60 words
      • Article
        Lock icon A more advanced Hubble telescope
        107 17 AP ATLANTA Before this century is over astronomers will have the technology to start a full-scale search of the universe for other Earths orbiting other suns and, perhaps, harbouring other life, scientists say. In 1997, Nasa will add to the Hubble Space Telescope a high
        AP  -  107 words
      • Article, Illustration
        Lock icon Breeding disease-resistant crops
        133 17 UPI ATLANTA Scientists researching plant genetics have reported advances on several fronts that could make crops more resistant to disease, averting the famines such blights have caused in the past. Researchers at the Samuel Robert Noble Foundation in Ardmore. Oklahoma, and the Salk Institute for Biological Studies
        UPI  -  133 words
      • Article
        Lock icon Tapping ice for gas
        105 17 AP ATLANTA Ice that bums? Yes, and so much of it that it could meet America's natural gas needs for decades. But scientists have yet to figure out how to mine it without causing an environmental disaster. Methane trapped in the pores of ice forms a
        AP  -  105 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      100 17 YiyiijiT*j7Ti1 1 vi »TTv 71-7 •■mh 11 Flying is a very personal experience. Now we make your journey even more comfortable with wide seats and new wrap-around headrests. Whether you sleep the time away or spend K with a good book, SAS Euro Class will make sure you're comfortable. So
      100 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      100 18 *fo Jos&fi, 5 L jj^ t '^f* fc A y < jf j- '4r»,n Flying to Hong Kong now can take a load off your packs. For the earliest flight out to Hong Kong and the last one back, all within the same day, fly United Airlines. The airline that
      100 words
Page thumbnail Page 19
  • THE LAW PAGE
    • Article, Illustration
      Lock icon Men outperform women in US law schools: study
      989 19  -  Laura Mansnerus looks at the possible reasons for the gender gap in performance Laura Mansnerus NYT SOME male law students at the University of Pennsylvania devised a career stratagem a few years ago: sign up for a course that has lots of
      NYT  -  989 words
    • Article
      Disgruntled spouses can get justice for $1
      523 19  -  AT the ME—£l By Chew Farn Chyi FROM March 1, the Family Court will be an alternative to the civil courts for domestic matters enforcement of maintenance orders by the High Court, variations, recessions and suspensions of such orders by the subordinate courts,
      523 words
    • Article
      Correction
      55 19 IN AN ITtM in this column last week, we said there were 5 partners remaining at Wong Partnership according to a recent letterhead of the law firm. In fact, there are 10 partners on the letterhead and Wong Partnership currently has more than 40 lawyers in the firm. We
      55 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      70 19 riHI ttniLKfi Kij^^j^ng COE THAN BmLU LW Jin -j»' '|> \j@m !ft\ kt± H fIML) —r ,iAR *j&3ri| |HOT.->r-|- f.-aVyP ~W.---.. «g§|g -7^ THE RENAULT LAGUNA 2 0 $148, 073 js|sS®l^l r^X^.ls^W^-; THE RENAULT SAFRANE 2 0 S 1 65,073 i V "ifc ,y ;^S v r _J* %m ÜBI
      70 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      889 20 Nothing BeatsA BucL where t wine, dine and entertain OK P* |«d lit 'Us. Ijiijll At Sliiiii i The heat of a great era is now back. At the place where it all happened. And is now happening again. Come on hack to Studio M tonight! At PLAZA IKrn i.
      889 words
    • Advertisement
      Page 20 Advertisements Column 2
      340 20 f't'TOlljlll Vad&gt A 'ijaiTiffP *250++ aZSEEBBS Ta ct<W (Magnum JBSm fJso of to person) JP S3oo++ (Hirtfiday Magnum of 'Maximum of TactyeC- 15 persons) (f W(S=s''. (Maximum of aSE~g (Sim 9C7V /or a song. for reservations, tall us at 7)4 61 Si between 10 JOam and b .Wpm <* SJI
      340 words
Page thumbnail Page 21
  • LIFESTYLE
    • Article, Illustration
      Lock icon Hollywood makes up with Tom Clancy
      866 21  -  The popular author is back in the frame with movie chiefs via a foray into TV. writes Daniel Howard Cerone Daniel Howard Cerone Los Angeles Times I V 1 N G m y o u r I book to V Hollywood is like turning
      Los Angeles Times  -  866 words
    • Article, Illustration
      Lock icon Carey's big dreams dashed
      339 21 CHATTERBOX UPI UPI AP SINGER Mariah Carey doesn't want to be a big duck in a little pond. When she and her husband, Sony Music president Tommy Mottola. got the go-ahead from a Westchester County, New York, planning board to construct twin ponds on their 20
      UPI; AP  -  339 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      391 21 WHERE TO WINE, DINE AND ENTERTAIN r AB&sh, Sfosiers 11 iMraoglMT r I oide English Eating House I 277 Orchard Rd #02-38 Specialists' Centre S (0923) I I $2= CBD PASS! I ■H When you spend $25/- or more at Fosters for lunch ■f or afternoon tea from Mon-Sat, show
      391 words
  • Page 21 Miscellaneous
    • Miscellaneous
      Page 21 Miscellaneous Column 1
      1216 21 I TV RADIO Pop Ballet Fortnight: Windows, P^P^MW—lf iopm. ch 12 An athletic, loose-limbed style of dance is set to music from Mo/art to gospel. HHBflf with a helping of humour Bom To Ride, 8.30pm, Ch 5 mmm John Stamos plays smirking W rebel in this 1991 act ioner. The
      1,216 words
Page thumbnail Page 22
  • Article
    Whither Japan-US defence ties?
    444 22 EDITORIAL IN 1991, academics George Friedman and Meredith Lebard published a book with the provocative title The Coming War with Japan. in which they predicted a progressive erosion of US-Japan relations, economic and political, ending in military conflict between the two powers. The then US ambassador
    444 words
  • WHAT THE OTHERS SAY
    • Article
      Only water, but think survival
      253 22 WATER is probably the most insistent symbol of Singapore's dependence on the outside, and hence its vulnerability. Life would be impossible and industry hobbled without water, for which the Republic has to depend heavily on outside sources of supply. This is what makes especially disturbing
      253 words
    • Article
      Really the top taxpayers?
      143 22 THE Indonesian government has made its annual announcement of the 200 top individual and corporate taxpayers as part of its campaign to inculcate a sense of pride in the people about fulfilling one of their basic civic duties paying taxes. The latest top taxpayer lists for
      143 words
    • Article
      A business-like solution needed
      159 22 THE SAGA continues between Hongkong's two largest trade partners, the stakes being raised over the weekend when US Trade Representative Mickey Kantor decided to send his deputy, Charlenc Barshcfsky, to head the US side of the next round of talks on intellectual property rights. President Bill
      159 words
    • Article
      Islam and development
      215 22 MALAYSIA'S success in lslamising financial institutions shows quite clearly that even in areas where modern financial and economic practices may be in conflict with Islamic principles, their operations could be modified to the accepted Islamic interpretations. What is important is not how any success story can be
      215 words
    • Article
      US-Russia ties on the slide
      157 22 PRESIDENT Boris Yeltsin has repeatedly invited President Bill Clinton to visit Moscow in May to cclcbrate the 50th anniversary of the end of World War 11, as well as to hold a summit. But American public opinion is urging Clinton to cancel the trip. In
      157 words
    • Article
      Reform the Forestry Department
      130 22 FIRST, there was the scandal over land reform. Then came the criticism over the handling of the five million rai reforestation project. And these are just the latest examples of the Royal Forestry Department's chronic ability to attract controversy. In the recent past, there was the
      130 words
  • Article, Illustration
    India starts enjoying a mild economic boom
    976 22  -  Prem Shankar Jha says surging capital goods output, higher investment commitments and growing bank credit for commerce are reasons for cheer Prem Shankar Jha The writer, former editor of The Hindustan Times, contributed this article to BT Although the political climate in the
    976 words
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      260 22 A growing triangle? The Riau islands Batam, Bintan and Karimun-took off with 1 great fanfare five years ago ■pMifp alongwiththeGrowthTriangle. What'sthepicturenow? ALSO IN THIS ISSUE: Interest rate hikes: What stocks will hurt? I How investors buy stocks, property Japan's painful privatisations House Hunt: Your pulse on residential property prices I
      260 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      75 22 '•'ffa *'I HOU) roptsjs/ G'RIS > (R\JNI OFF 500 OF TH&SE V CARD COMlfiG Up. POR TVIiS J f y V*Lo4"fifC, Sl£e.T VALENTINE. X H 5Sr rt (riwBt 1_ c ISOCIATtO *«<w*w in>. iwnw > T DOONESBURY GARRY TRUDEAU [Helen.let'sW ELnoNT' T j^S!erT^?n^^!^B| Weiaj,i*s,m $h£sar£6- meet in I yaJCANTT J.
      75 words
Page thumbnail Page 23
  • ANALYSIS
    • Article, Illustration
      Coping with a new world of disorder
      1150 23 Confusion reigns in Washington about America's place in a post-Cold War world. Leon Hadar describes how this is igniting transatlantic tensions and spreading the notion in Europe that Nato has probably outlived its raison d'etre Asian analysts who have been complaining about the
      1,150 words
    • Article
      A North Atlantic Free Trade Agreement?
      335 23  -  Leon Hadar The writer is BT's Washington Correspondent WHILE Europeans and Americans continue to wrangle over major security problems and as the continued existence of the North Atlantic Treaty Organisation (Nato) is being questioned, Washington and Brussels are trying to manage their trade problems.
      335 words
    • Article, Illustration
      Lock icon The tribes and tribulations of a war-torn country
      939 23  -  Disillusionment with the war and the leadership has thrown up a new force, the Taliban, from the dominant Pathan tribe, to clean up Afghanistan. Yogi Aggarwal reports Yogi Aggarwal The writer is a Bombay-based journalist who contributes to BT THE TURMOIL in
      Reuter  -  939 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      228 23 Ikn inn»MKrinrfM 4p|V4n m j nuitrr t4 rrnwd inly I I w c o Sinn Bualuang Co., Ltd. U*****,000,000 Transferable Loan Certificate Facility f/W Muaifrn Korea First Bank London Forfaiting Company PLC The Sakura Bank Ltd., Bangkok Branch-International Banking Facility Shinhan Finance Limited United Overseas Bank Limited Co-ljfad Maiwfrrs The
      228 words
Page thumbnail Page 24
  • Article
    Lock icon Greenspan says economic growth will slow, hints of interest rate cuts
    607 24 AP WASHINGTON Federal Reserve Board chairman Alan Greenspan yesterday warned that US economic growth this year "almost surely" will slow and hinted that central bank policy-makers were starting to think about cutting interest rates at some point down the
    AP  -  607 words
  • Article
    Lock icon Hongkong's Bank of East Asia to buy United Chinese Bank for HK$1.16b
    531 24 Bloomberg Business News HONGKONG Bank of East Asia will buy United Chinese Bank for HKSI.I6 billion (SS2I7 million), marking Hongkong's biggest bank takeover in more than a year. After a year-long courtship, BEA agreed to buy the HKSI.7O
    Bloomberg Business News  -  531 words
  • Article
    Free Japan's economy, urges govt committee
    267 24  -  From Anthony Rowley in TOKYO A JAPANESE government committee on deregulation proposed yesterday that all economic transactions in Japan be free in principle and that so-called "social regulations" be kept to a minimum. The committee's report will be formally submitted this week to the
    267 words
  • Article, Illustration
    Lock icon Satisfactory progress in US-China copyright talks, says Xinhua
    363 24 Reuter, AFP, Bloomberg Business News BEIJING China and the United States have made satisfactory progress towards averting a trade war as they race against the clock to reach an accord before Sunday's deadline for sanctions, Xinhua news agency said. The report came
    Reuter,; AFP,; Bloomberg Business News; AFP  -  363 words
  • Article
    Lock icon Thai minister says US misunderstood bid for airport project
    298 24 Bloomberg Business News BANGKOK Thailand's Minister of Transport and Communications Vichit Surapongchai yesterday said United States Secretary of Commerce Ronald Brown had misunderstood the bidding process for designing Bangkok's second international airport and that no contract had yet been awarded. Mr
    Bloomberg Business News  -  298 words
  • Article, Illustration
    Manufacturing's still very much an engine of growth
    928 24  -  The Bottom Line CHUANG PECK MING CHUANG PECK MING The writer is a BT journalist INDUSTRIAL activity will give way to services as the engine of economic growth when a country moves up the ladder of development. This is because affluence allows
    928 words
  • Article
    Lock icon Beijing, Manila to hold talks on Spratlys
    241 24 The Straits Times, AFP MANILA China, in an apparent move to defuse a row with the Philippines over Beijing's occupation of a reef claimed by both countries in the disputed Spratly Islands chain, has agreed to hold talks with Manila on the subject.
    The Straits Times,; AFP  -  241 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      13 24 Brochures Annual Reports Newsletters Corporate Identities Posters Direct Mailers Exhibitions. BROCHURES 744 1319
      13 words
    • Advertisement
      Page 24 Advertisements Column 2
      108 24 IF ONLY THE MATTERS 744 1319 loiut |>C Design Cop) writing iMiotogrii|>liy Printing District 10 Walshe Stevens Road PRIME FREEHOLD RESIDENTIAL DEVELOPMENT SITE FOR SALE BY TENDER Li" »ciff Large land area of 52,151 sq ft I Potential residential plot ratio of 1.6,10 storeys Perfect for condominium redevelopment I iP*
      108 words
Page thumbnail Page 25
  • COMPANIES & MARKETS
    • Article
      Tenaga Nasional to criss-cross W M'sia with new power lines
      464 25  -  Interview with Samy Vellu Reports by S N Vasuki SINGAPORE Tenaga Nasional Bhd (TNB) has just concluded a study on revamping the country's transmission system and will soon install a 500-kilovolt high-tension line that will run across the length and
      464 words
    • Article
      Renong set to conduct study on Indian highway project
      313 25 SINGAPORE Renong Bhd will soon receive a letter of intent from the Indian government to undertake a Ms4o million (5522.8 million) feasibility study on building a North-South highway in the country. Disclosing this in a recent interview, Malaysian Energy, Telecommunications and
      313 words
    • Article, Illustration
      Strong tourism performance boosts profit of CDL Hotels' NZ unit
      258 25 SINGAPORE CDL Hotels New Zealand (CDLNZ) has reported a 92 per cent rise in net earnings to NZ$lB.ll million (SS 16.75 million) for the year to Dec 31, 1994. The group, which is linked to locally-listed City Developments, said its
      258 words
    • Article
      UOB fund's NTA falls 6.25% to $1.65
      137 25 SINGAPORE The net tangible asset (NTA) per share of United Overseas Bank's closed-end fund at end-1994 fell to $1.65, down 6.25 per cent from $1.76 the previous year. United International Securities' NTA fall reflects a generally bearish market clouded by interest rate uncertainties
      137 words
    • Article
      Will MBM be the mousedeer of the Malaysian motor industry?
      784 25  -  HOCK LOCK SIEW By William Chia SINGAPORE In Malay folklore the tiny mousedeer, or kancil, is considered the smartest animal in the jungle and there are many stories of how it outwits larger creatures. Investors must be hoping that newlylisted
      784 words
    • Article, Illustration
      Lock icon Resorts World, Genting dive on take-profit tip
      365 25  -  From Ho Kay Tat in KUALA LUMPUR GENTING Bhd and its casino operating arm Resorts World Bhd were among the biggest losers in yesterday's stock market sell-off because a foreign brokerage had recommended clients to take profit on Resorts, brokers said. The brokerage
      Source: Bloomberg  -  365 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        51 25 Weak Market M<hhJ indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance. Baring. Credit Lvonnais Securities. I)ai* a. Fraser. GK Goh. Kay Hian. Morgan Grenfell. OngCo. \omura. Phillip. Smith Wu Court. If'/ Carr and SG If
        51 words
      • Article, Illustration
        HOT STOCK
        119 25  -  -By Paul Leo MALAYSIAN Mosaics is tracing a triangular formation on both the weekly and monthly charts. A line joining the peaks since Jan 1994 formed the hypotenuse while the almost horizontal base is formed by joining the troughs. Further weakness from yesterday's close of 52.26 can be
        119 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          GB financial director resigns
          50 26 SINGAPORE Ronald Filbert has resigned as financial director and secretary of GB Holdings and from all his positions in the company's subsidiaries. His resignation takes effect on Sep 1 this year. Ler Ching Chua. senior manager for finance, will become chief financial officer of the group.
          50 words
        • Article
          OCBC's issued and paid-up capital
          22 26 SINGAPORE OCBC Bank says its issued and paid-up capital at Jan 31 this year was $876.4 million.
          22 words
        • Article
          Lock icon Dunlop to sell Johor estate
          39 26 Reuter KUALA LUMPUR Dunlop Estates, a unit of Multi-Purpose Holdings Bhd, has agreed to sell the Pcngerang estates in Johor for MS 163 million (5592.6 million) cash. The buyer is Kelana Megah Development. Rcuter
          Reuter  -  39 words
        • Article
          MRC gets M$50m bridging loan
          44 26 SINGAPORE Malaysian Resources Corp has been granted a Msso million (5528.4 million) bridging loan by Malaysian Industrial Development Finance to subscribe to the initial equity in MRCB Telecommunication. This will raise MRCB Telecommunication's paid-up capital to M 551.35 million.
          44 words
        • Article, Illustration
          Lock icon Sony starts factory in Vietnam
          56 26 Reuter HANOI Sony has become the first major Japanese maker of consumer electronic goods to start a production line in Vietnam. It has a 70 per cent stake in a US$6 million (SsB.B million) factory which opened in Ho Chi Minh City yesterday. The local
          Reuter  -  56 words
        • Article
          Lock icon Discovery goes Taiwan via satellite
          57 26 Reuter HONGKONG The Discovery Channel Asia has signed a one-year uplink agreement for the Apstar-1 satellite with Singapore Telecommunications. Singapore Telecom will uplink a fully subtitled Chinese language version of The Discovery Channel for customers in Taiwan. Singapore Telecom uplinked the channel to the Palapa
          Reuter  -  57 words
        • Article
          Lock icon Cygal has M$500 million of projects
          59 26 Reuter KUALA LUMPUR Construction and engineering group Cygal, which is seeking a listing on the local bourse, says it has more than Mssoo million (SS2B4 million) worth of projects in hand. They include the Angkasa Impian luxury condominiums in Kuala Lumpur, the Bank Simpanan
          Reuter  -  59 words
        • Article
          Corrections and clarifications
          37 26 IN OUR report yesterday headlined "Listing go-ahead tor Tibs bonds", we incorrectly gave the price of the warrants as 50 cents each. It should have been 56 cents. We are sorrv for the error.
          37 words
      • Article, Illustration
        Siam Steel Pipe in furnishings tie-up with S'pore firm
        479 26  -  From Loh Hui Yin in BANGKOK A SUCCESSFUL construction joint venture with three Singapore firms has prompted the Siam Steel Pipe (SSP) to team up with another Singapore firm, this time to manufacture furnishings. SSP's new business partner is Shanghai Chong
        479 words
      • Article
        DIVIDENDS ANNOUNCED
        268 26 Payment h\ Books Pay date close date Avimo 20* F I2.5TE Mar I Mar 7 Apr 15 Aztech 5' b 20TE May 11 May 16 May 31 Berjaya Group I 6 Mar 7 Mar 21 Apr 21 Bcrjaya Ind I 3.5 Mar 7 Mar 21 Apr 19 Berjaya
        268 words
      • Article
        Untitled
        576 26 Managers' prices Feb 23 USGr Eund 0 99 I.03** Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.57 166 IJniTund 1.33 1.39 The Saving Fund 14# 1.57 I nihond t 1015 1.045 S pore Prog Fund 0 57 0 61 United Or Fund' 1.55 1.61 Spore See Fund 092
        576 words
      • Article
        IPC to acquire stakes in two Israeli firms
        218 26  -  By Lee Wai Leong SINGAPORE Local computer giant IPC Corporation yesterday announced it is expanding its information technology business by acquiring strategic stakes in two Israeli firms. Under two separate agreements, IPC has invested US$2.2 million (553.2 million) for a 10 per
        218 words
      • Article
        Sempec forms engineering joint venture in China
        157 26  -  By Ramesh Divyanathan SINGAPORE Sembawang Projects Engineering Co Pte Ltd (Sempec) has formed a joint venture with a Chinese company for engineering, procurement and construction works in China. The venture, Sembawang HuanQiu Engineering Corporation, will also provide engineering design services to support Scmpec's
        157 words
      • Article, Illustration
        Creative Tech obtains ISO 9002 status from Sisir
        175 26 SINGAPORE Creative Technology said yesterday its factory here had been awarded ISO 9002 certification by the Singapore Institute of Standards and Industrial Research. Creativc's founder and chairman, Sim Wong Hoo, said: "The award means that Creative is recognised not only as a
        175 words
      • Article
        Lock icon Good interest margins boost Bangkok Bank profit
        128 26 Reuter BANGKOK Bangkok Bank's 24.9 per cent net profit growth in 1994 was led by lower costs and good interest margins, said a senior bank executive yesterday. The bank reported net profit in 1994 of 17.36 billion baht (Ssl billion) against 13.90 billion
        Reuter  -  128 words
      • Article
        Lock icon Lien Hoe branching out for timber concessions in Myanmar, Vietnam
        439 26 Bernama PETALING JAYA Lien Hoc Corporation Bhd. which securcd a timber concession in Indonesia last year, is now looking at new timber concession areas in the Asian region. Its managing director, Chan Wah Long, said the company hoped to secure
        Bernama  -  439 words
      • Article
        Turf club defends move to dump Magnum unit
        449 26  -  From Ho Kay Tat in KUALA LUMPUR THE Sandakan Turf Club has defended its deeision to axe Magnum Corp's subsidiary Sababunu (Sandakan) from operating betting games in Sabah and give the rights to a new group. Magnum announeed three days ago that
        449 words
      • Article
        Wing Lung Bank proposes to issue one-for-five bonus
        372 26  -  From Lim Soon Neo in HONGKONG WING Lung Bank, which yesterday reported a 10 per cent increase in audited consolidated profit to HK5611.4 million (SSI 15 million) for its 1994 financial year, is proposing a one-for-five bonus issue. The directors of the
        372 words
      • Article
        Lock icon KL securities body to focus more on quality of listing hopefuls
        316 26 MBT KUALA LUMPUR The Securities Commission will be placing more emphasis on qualitative aspects of companies applying to be listed on the Kuala Lumpur Stock Exchange (KLSE). Securities Commission general manager Siow Kim Lun said yesterday that with the
        MBT  -  316 words
      • Article
        Lock icon Philips' profit almost triples on soaring demand
        293 27 Bloomberg Business News, Reuter EINDHOVEN, Netherlands Philips Electronies NV yesterday said net income from continuing operations almost tripled last year amid soaring demand for electronic components and semiconductors, and a fourth-quarter turnaround in consumer electronics. Profit after tax rose to 2.04 billion guilders
        Bloomberg Business News,; Reuter  -  293 words
      • Article
        Lock icon Apple loses case against Microsoft's Windows
        370 27 Bloomberg Business News WASHINGTON Apple Computer Inc has lost its sev-en-year legal battle to prove that Microsoft Corp's best-sell-ing Windows software illegally copied the user-friendly graphics of Apple's Macintosh computers. The Supreme Court yesterday refused to consider Apple's appeal of a lower-court decision. which
        Bloomberg Business News  -  370 words
      • Article, Illustration
        Lock icon Scuffle with TV cameraman mars Fairfax's good showing
        578 27 Reuter SYDNEY John Fairfax Holdings, Australia's richest newspaper group and the target of recent share raids by three of the world's top media tycoons, yesterday reported a swift jump in operating profits and revenue. But the earnings performance, which exceeded even the
        Reuter  -  578 words
      • COMPANY BRIEFS
        • Article
          Lock icon Turner Broadcasting's income jumps
          84 27 Bloomberg Business News ATLANTA Turner Broadcasting System Inc said on Tuesday that its fourth-quarter net income jumped two-and-a-half times as new sources of revenue kicked in from acquired film operations and cable television programmes performed well. It reported net income of US$26 million (5537.7 million), or
          Bloomberg Business News  -  84 words
        • Article, Illustration
          Lock icon Disney chief's comeback
          43 27 Reuter LAKE BUENA VISTA, Florida Walt Disney Company chairman Michael Eisner speaking at the company's annual general meeting at Walt Disney World Hotel here on Tuesday. It was Mr Eisner's first shareholders' meeting since his heart surgery last year. Reuter
          Reuter  -  43 words
        • Article
          Lock icon Over-the-Counter Securities to cut fees
          86 27 Bloomberg Business News TOKYO Japan's Over-the-Counter Securities Co will cut the fees it charges securities companies by about one-third beginning March 1, Japan's Jiji Press reported yesterday. The company serves as an intermediary between brokerage houses. For transactions of 100 million yen (S$ 1.5 million)
          Bloomberg Business News  -  86 words
        • Article
          Lock icon Asahi Breweries' profit surges 46%
          55 27 AFP TOKYO Japan's Asahi Breweries Co Ltd said yesterday its pre-tax profit soared 46 per cent from a year earlier to 21.4 billion yen (Ss32o million) in the year to December. The country's second-largest brewer said sales expanded 16 per cent to 875 billion yen
          AFP  -  55 words
        • Article
          Lock icon Great Eagle may defer China project
          70 27 Bloomberg Business News HONGKONG Great Eagle Holdings may shelve a jointventure property development in Guangzhou, the South China Morning Post reported yesterday. The office and retail project, to be built by the Hongkong developer's 60 per cent-owned Lun Hing Enterprise, is under review because
          Bloomberg Business News  -  70 words
      • Article
        Lock icon Fletcher Challenge expects higher profit
        507 27 Reuter WELLINGTON Higher newsprint prices will improve profits substantially for New Zealand's Fletcher Challenge Ltd (FCL), chief executive Hugh Fletcher said yesterday. The diversified forest products and energy company reported a NZ$l76 million (Ssl62 million) net profit for the six months to Dec 31 well
        Reuter  -  507 words
      • Article
        Lock icon UK group Hanson to demerge non-core US businesses
        375 27 AFP LONDON British conglomerate Hanson plans to demerge 34 non-core businesses and investments with annual revenue of about £3 billion (556.9 billion) through a new US company to be called US Industries Inc, it announced yesterday. After the demerger, Hanson will consist
        AFP  -  375 words
      • Article
        Lock icon Loss of Mars account costs Saatchi £30m
        310 27 Bloomberg Business News LONDON Saatchi Saatchi Co pic yesterday said the account it lost with the US confectioner Mars Inc was worth £30 million (Ss69 million) per year in revenue. Mars announced on Tuesday that, after a six-week review of its advertising, it
        Bloomberg Business News  -  310 words
      • Article
        Lock icon Dell Computer's earnings soar to US$60m
        122 27 Reuter DALLAS, Texas Dell Computer Corp's earnings soared to a record high in the latest quarter as strong demand for its notebook and other computers boosted sales 39 per cent. The Austin, Texas-based maker of high performance IBM compatible computer said on Tuesday that
        Reuter  -  122 words
      • Article
        Lock icon Canon's pre-tax profit jumps 29% to 77b yen
        282 27 AFP TOKYO Japan's Canon Inc said yesterday that its group pre-tax profit leapt 29.1 per cent from a year earlier to 77.5 billion yen (S$ 1.15 billion) in the year ended December 1994, and forecast a further increase this year. The leading
        AFP  -  282 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Fed's tight policy could throw US into recession: economist
        460 28  -  By Shiv Taneja SINGAPORE The US Federal Reserve's highly restrictive monetary policy could throw the American economy into recession, says a visiting economist. Hongkongßank's chief US economist Lacy Hunt believes there is a one-in-three chance of that happening. Speaking on the
        460 words
      • Article, Illustration
        Financial wire agency Bloomberg reports 100% rise in local earnings
        408 28  -  By Paul Leo SINGAPORE Financial information provider Bloomberg doubled local revenue last year and expects to do the same this year. Its founder and owner, Michael Bloomberg, who was visiting Singapore yesterday, said 500 terminals were installed here and he
        408 words
      • Article
        Lock icon Coffee, cocoa prices surge on supply worries
        213 28 Reuter LONDON Coffee and cocoa prices, which surged last year during a commodities price boom, are on the rise again. They jumped to fresh 1995 highs here, ignited by fears about a lack of future supplies. Coffee drinkers who hoped for a price
        Reuter  -  213 words
      • SMALL CHANGE
        • Article
          Lock icon Thai Military Bank to raise capital
          95 28 Reuter BANGKOK The Thai Military Bank pic is to increase its capital to 5.132 billion baht with a new issue of 85.53 million shares at 10 baht par, the bank said in a filing to the Stock Exchange of Thailand yesterday. TMB, a medium-sized
          Reuter  -  95 words
        • Article
          Lock icon Taiwan investment firm opens branch
          62 28 Bloomberg Business News KAOHSIUNG China Development Corp, one of Taiwan's largest investment companies, has opened a branch office in Kaohsiung. The company, which is controlled by the ruling nationalist party, also has offices in Taipei and Taichung. Foreign financial institutions owned about 2.1 per cent
          Bloomberg Business News  -  62 words
        • Article
          Lock icon RBC hires former Kidder traders
          67 28 Bloomberg Business News NEW YORK RBC Dominion Securities Inc yesterday said it had hired about 20 former Kidder, Peabody Co employees as part of a plan to expand its derivatives operations. RBC, the investment arm of Canada's largest bank. Royal Bank of Canada, wants to
          Bloomberg Business News  -  67 words
        • Article
          Lock icon NatWest Australia's profit down
          84 28 Reuter SYDNEY The Australian branch of the investment banking arm of National Westminster Bank pic, Nat West Markets Australia Ltd, yesterday said net profit for the 1994 year eased to A 569.5 million from A 570.9 million a year earlier. The result included an abnormal gain
          Reuter  -  84 words
      • Article
        Lock icon Citicorp to focus on consumer banking
        261 28 Knight-Ridder NEW YORK Citicorp chairman John Reed has announced a one-year plan to transform the bank's global operations into a business focused more on consumers. He said on Tuesday that the strategy will involve a fivepronged approach to cutting costs and would focus on
        Knight-Ridder  -  261 words
      • Article
        Lock icon Fleet to buy fellow New England group Shawmut for US$3.4b
        331 28 FT NEW YORK Fleet Financial, the US banking group based in Providence, Rhode Island, has announced a US$3.4 billion (554.9 billion) all-share acquisition which would catapult it into the ranks of the country's 10 biggest commercial banks. The planned takeover
        FT  -  331 words
      • Article
        Lock icon Shanghai bonds on bull run, stocks in bear hug
        394 28 Reuter SHANGHAI Highlighting a dramatic turnaround in the fortunes of China's two key markets, bond turnover in Shanghai on Tuesday hit a record USS2I billion (5530.4 billion) while stock turnover shrivelled to US$l3 million. "Almost all institutions have pulled out of
        Reuter  -  394 words
      • Article
        Futures steady ahead of US report
        312 28 Bloomberg ENERGY REPORT LONDON Oil futures were little changed as traders speculated about the inventory and production report from the American Petroleum Institute. The weekly figures were delayed 24 hours because of Monday's President's Day holiday in the US. The US is both the
        312 words
      • Article
        Lock icon New York
        95 28 AFP NEW YORK The dollar strengthened against other major currencies here early in the day on a technical correction in calm trading. The dollar climbed to 1.4790 German marks in initial trading before slipping slightly, said a trader. The US currency could benefit from Bavarian metalworkers' vote to
        AFP  -  95 words
      • Article
        Lock icon Currency Reports:London
        199 28 Reuter LONDON The dollar came under renewed pressure from the merciless mark after comments from Federal Reserve chairman Alan Greenspan raised speculation US interest rates may be ncaring a medi-um-term peak, analysts said. Mr Greenspan, in prepared testimony to the Senate Banking Committee, noted the possibility of steady
        Reuter  -  199 words
      • Article, Illustration
        Untitled
        1623 28 fMr-nqiM indrx mkiilaml agamM S'parr't lop 14 IraJin* paring', Ban- )tar /9S5 US$/S$ forward rates Noon /Feb 22 s$ Bid Offer 1-month 1.4477 1 4492 2-monlh ***** 1.4452 Vmonlh 1.4407 1.4422 6-monlh 1.4322 1.4342 Sown- OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at Sam an Feb 22 Singapore dollars
        1,623 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollars end firmer
        1401 29 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar and Euroyen futures ended mostly firmer in late rallies though the US dollar's woes were a major focus for much of the session. Dealers said a late gain in the dollar above 97 yen gave the market some heart, but
        Reuter  -  1,401 words
      • Article
        M'sian tin prices surge
        675 29 COMMODITY REPORTS KL Tin TIN price on the Kuala Lumpur Tin Market ended 16 sen higher at MS 13.98 per kg yesterday in line with the stronger performance on the London Metal Exchange overnight. On the LME, three-month tin jumped USSIOO to finish at US$5,BBO per
        675 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japan firm to shift some production
          54 29 TOKYO Japan's Tosok Corp will transfer some of its production of copper harnesses to a joint venture it is establishing in Vietnam in an effort to reduce costs, a company spokesman said yesterday. Tosok will transfer production of 24,000 copper harnesses to Tosok Precision
          54 words
        • Article
          Russia to lift timber exports
          59 29 MOSCOW Russia plans to increase its timber exports by 27 per cent this year and to raise the proportion of dressed timber in them, a top official said yesterday. The timber industry recently has shown a tendency to stabilise, he said. Last year timber and
          59 words
        • Article
          Russian subsidy to boost farm output
          66 29 MOSCOW The Russian government will pay 981 billion roubles to provide half of the fertilisers and agrochemicals needed this year by farmers in an effort to improve production of wheat, sugar and vegetable oils, reported Interfax. Rosagrokhim, the body that represents agrochemical plants, will
          66 words
        • Article
          Vietnam rice acreage up 7%
          77 29 HANOI Vietnam's agriculture ministry has reported a 7 per cent increase in rice acreage from a year earlier for its recent winter-spring crop up until Feb 5. the Vietnam News Agency said. More than 75 per cent of the winter-spring crop occupying more than 1.8
          77 words
        • Article
          Aussie beef to cost more in Japan, US
          59 29 SYDNEY A rise in prices for Australian beef in Japan and the US is tipped to continue in the short term. Prices for Australian grass fed fullsets to Japan have mostly languished below 175 US cents per pound in recent months but
          59 words
    • Article
      COMMODITY PRICES
      1438 29 Rubber Singapore Commodity Exchange (futures closing a* at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Set! (tonnes) Interest Mar 43 I I 251 00 475 Apr 250.00 248 00 249.50 500 1875 May 250.00 248 00 248 50 500 2475 Jun 250.00 248.00
      1,438 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1107 30 +21.9 INVESTOR appetite for bluechip stocks amid a raft of interim profit results propelled the share market 1.2 percent higher yesterday. The All Ordinaries Index ended at 1,879.6 points, up 21.9 points from Tuesday's finish and its highest since Jan 19. National turnover on the bourse totalled 189.6 million
        1,107 words
      • Article
        Manila
        610 30 +7.78 Philippine share prices rose by a mere 0.3 per cent yesterday as investors remained cautious, looking for any positive or negative developments, analysts said. The PSE Composite Index rose by 7.78 points to 2,598.14 points after a mere 0.51-point climb on Tuesday. Volume fell by 10.6 per cent
        610 words
      • Article
        Taipei
        556 30 -29.15 Taiwan share prices closed lower yesterday but cement issues were slightly higher as some players adjusted their positions. The Weighted Price Index slid 29.15 points to finish at 6.603.88. Turnover was NTS46.B billion. The paper sector lost most, ending 1.53 per cent down, on profit-taking. Other industrials were
        556 words
      • Article
        Seoul
        477 30 1.73 South Korean stocks were mixed yesterday as gains by leading exporters and state monopolies expected to post strong earnings were offset by declines among smaller issues seen as potential victims of high interest rates. The Composite Price Index rose 1.73 points to 919.48 in trading of 20 million
        477 words
      • Article
        New Zealand
        303 30 1.66 New Zealand shares were little changed after mixed earnings reports and as individual stocks were hurt by specific issues such as Air New Zealand having to ground its domestic fleet. Forestry and energy group Fletcher Challenge Ltd. the nations third largest stock, provided one of the highlights
        303 words
      • Article
        Bombay
        124 30 -47.52 The benchmark BSE Index fell for a seventh day to a 14-month low amid concern that Prime Minister P V Narasimha Rao will have to scale back economic reforms. The index, which tracks 30 shares on the country's biggest exchange, dropped 47.52 points to 3,233.31. The index is
        124 words
    • WORLD STOCK MARKETS
      • Article
        London
        681 30 -3.9 UK STOCKS were mixed before a slough of corporate earnings reports today amid concern about the stability of the British government and the pound. The pound fell to a two-year low against the mark at 2.3253 marks in early trading. Although it later recovered, it has still fallen
        681 words
      • Article
        Paris
        148 30 -1.25 French shares ended a slow day softer yesterday, paralysed by a political scandal and adrift on international market movements, dealers said. A recent political scandal about phone taps and alleged bribe offers to the father-in-law of an investigating magistrate probing illicit funding of a government party is circling
        148 words
      • Article
        Frankfurt
        175 30 •3.88 German shares cut some losses but remained weak, below key 2,100 line in late after hours trade. Market was still unsettled by weak dollar but lifted slightly by stronger bonds taking cues from Greenspan commentary and price data, signaling lower inflation fears. The 30-share DAX Index closed down
        175 words
      • Article
        Brussels
        162 30 -6.54 Belgian stocks fell fora fifth day, sending the benchmark index to a 16-month low, amid mounting speculation the weakness of the US currency will reduce earnings for companies with dollardenominated sales. The Bel 20 Index dropped 6.54 points to 1,331.03, its lowest close since Oct 5, 1993. "The
        162 words
      • Article
        Milan
        167 30 -122 Italian shares recovered their poise yesterday after having slumped at the open on the back of fresh lira lows and a hike in official interest rates. The Mibtel Index closed down 122 points at 10,140. "We did better than expected. but we're not out of the woods yet,"
        167 words
      • Article
        Amsterdam
        277 30 •1.66 Dutch shares are likely to slip further unless the dollar begins to stabilise, dealers said. Investors are worried the slide in the US currency in which about 40 per cent of listed Dutch companies' profits are denominated will undermine the current recovery in cyclicals and could cap guilder
        277 words
      • Article
        Stockholm
        99 30 -7.55 Swedish stocks fell to their lowest closing level in three weeks after earnings reports from Astra AB and Atlas Copco disappointed investors. The benchmark OMX Index of 30 leading Swedish stocks fell 7.55 points to 1.167.24. Twenty-one shares fell, two were unchanged and seven rose. Stockholm F*fc 22
        99 words
      • Article
        Zurich
        246 30 +0.26 Swiss stocks closed mixed, as investors bought industrial stocks and Nestle SA. the most heavily weighted Swiss share, but shunned banking shares. The SMI Index of 23 leading stocks rose 0.4 to 2.610.0 points, the only benchmark European index to post a gain. Nine shares rose, three were
        246 words
      • Article
        Johannesburg
        322 30 -0.1 South African shares ended dully mixed and little changed in financial randdominated trade again yesterday. dealers said. "Most people are sitting on the sidelines while the speculators try to lock in their positions on the financial rand." a dealer said. Gold steadiness and world markets lent some support
        322 words
      • Article
        Toronto
        238 30 10.27 Stocks moved higher in early trading, propelled by strong gold shares, which led gains in most sectors, traders said. The TSE-300 Composite Index rose 10.27 points to 4,112.12 on volume of 8.60 million shares valued at Csll2 million. Advancing issues outpaced declines 153 to 144, with 211 stocks
        238 words
      • Article
        New York
        764 30 14.80 The Dow Jones Industrial Average, which rebounded 10.43 points on Tuesday, was ahead 14.80 points at 3,978.77 at 11 am EST. The New York Stock Exchange Composite Index was ahead 1.13 to 263.1 1. while Standard Poor's 500-stock Index was up 2.49 to 485.21. Advances topped declines
        764 words
      • Article
        Untitled
        678 30 Britannia Funds Sterling Cash Bid Offer Mim Op Deposit 38 6400 38 6500 MimJenejGilt 0 1893 0 1942 MimMu Income ***** 0 9400 USS Cash Income Plus Fund *9 4500 *9 9600 PS Reserve Fund 5 4000 5 4100 Sterling Equity Euro Performance 0.4592 0 4938 Far East Fund *2
        678 words
    • Article, Illustration
      Lock icon HONGKONG
      3001 31 UPI. AFP HONGKONG Investors reacted abruptly to a government land auction, driving prices down 2.1 per cent yesterday. The Hang Seng Index tumbled 173.02 points to 7.909.27. The index jumped 175 points on Tuesday partly in anticipation of good results at the land auction yesterday afternoon. analysts said. Within
      UPI.; AFP; Source: Bridge Info  -  3,001 words
    • Article, Illustration
      Lock icon CHINA
      596 31 CLSA IN Hongkong, H shares posted widespread losses to close down 2.8 per cent amid negative press reports on SFC investigations into the Shougang group. Turnover shrank to HK.SS7 million as investors dumped stocks, reversing the previous day's gains. Yizheng (down almost 4 per cent) and Maanshan, which shed
      CLSA  -  596 words
    • Article, Illustration
      Lock icon TOKYO
      2555 31 Bloomberg Business News TOKYO Stocks were little changed as the yen strengthened against the dollar. The market had risen as much as 152 points by early afternoon after several consumer electronics companies reported strong earnings on Tuesday. But most of the gains evaporated in the last 90 minutes of
      Bloomberg Business News; Source: Bridge Info  -  2,555 words
    • Article, Illustration
      Lock icon BANGKOK
      1827 31 AFP BANGKOK The sinking US dollar yesterday cost the SET Index 22.36 points and left it at 1,265.95 points at the close. Trading remained light with 72.51 million shares worth 4.7 billion baht changing hands. Declines buried advances 271 to 53, and 80 issues closed unchanged. The index gained
      AFP; Source: Bridge Info  -  1,827 words
    • Article, Illustration
      Lock icon JAKARTA
      1175 31 Reuter JAKARTA Share prices closed higher in lacklustre trade following selective local buying, particularly in property stocks. Lippo Land rose to the day's high of 2,125 rupiah from an opening price of 2,075 rupiah but profit-taking in the second session eroded the early gains. It closed at 2.000 rupiah.
      Reuter; Source: Bridge Info  -  1,175 words
    • Article
      CLOB INTERNATIONAL
      2524 32 Cr Gr I'm<>5 Last Vol l>ay last Qaolt Div IN* \M Net M (up High Low Company Sale (0001 High low Brner Seller Or PIt Smil MALAYSIAN STOCKS 398 7} m MSB 5ft. 272 -12 59 286 212 271 275 JO -2 03 21* 106 775 in \MDB
      2,524 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares dive on concerns of low profit reports
        6926 32 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index dropped 3 per cent to its lowest point in nearly three weeks on expectations some major companies would report lower-than-expected earnings in the next two to three weeks, traders said. Concern that the
        Bloomberg Business News; Source: Bridge Info  -  6,926 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8568 33 MAIN BOARD Gr i.t M Wi IH4'f5 l ih! Vol IHi> I isl Quote l)it f>i% Id Nrt jp %»K lli«h low < ompjnv Sale l«i K k I «m Bu%rr Srllrr i *»c S P/H Ml Rrict INDUSTRIAL AND COMMERCIAL 720* 188 ml i Vnu *0c 424 -12 49
        8,568 words
      • Article, Illustration
        Lock icon Prices dive on Washington DC bankruptcy reports
        1875 34  -  By R Sivanithy SINGAPORE Continued overnight weakness in the US dollar which triggered softness in the US bond market yesterday combined with rumours of poor earnings for key Malaysian blue chips to send share prices sharply lower. Also badly affecting sentiment was news
        Charts by Bridge Info; Source: Bloomberg  -  1,875 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      283 25 NEWS VALUE Washington DC's woes send Asian shares reeling (pg The US dollar's problems put a ceiling on regional stocks in the short term. Sale of two CBD office sites may set new benchmarks (pg I) Market expectations bullish but a surprise should not be ruled out. SES to cut
      283 words
Page thumbnail Page 26
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      36 27 ...I i «n- HOT/COLD POOLS SAUNA BATH STEAM BATH TV/COFFEE LOUNGE 18 MASSAGE ROOMS 7 REGENT HEALTH SPA 78, SHENTON WAY #01-01 A 81-01, SINGAPORE 0207 TEL: *****68(5 LINES) BUSINESS HOURS: 10.30 am TO 11.00 pm
      36 words
Page thumbnail Page 28
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      67 29 Financial News A Quick Look At The I I Markets! Call 24 hours a day I I SES KLSE midday I reports, closing I I market reports and business Cost: 30 cents a minute orBanisedby: INFiilline An SPH AudioTex Service Find a new owner for your apartment Make a move
      67 words
    • Advertisement
      Page 29 Advertisements Column 2
      34 29 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 euiT*'*»"! Don't Mitt H in SunJiy ClattifiU this weekend. a
      34 words
Page thumbnail Page 30
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      135 31 I Over 30 years of experience has led Svenson to the Single Hair System Svenson Hair Center has helped thousands of people counteract hair and scalp problems with their unique formulations based on research gathered from leading institutions the world over. With years of technological development the Single Hair System
      135 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      68 32 Q Singapore: TIN-: HOIJKCI ASS l ucky I'l.i/jTW 7M24XVI Sculls.Tfcl HWimiW* C'liilnixitiM TH rMIWMfI) K-mosula Ito.rH M7K wyjMTrttti Wi*Ul Tiddc-C'timp Trt 27J1007 MateK—rtmwiUi.lW *****62ft41 KaHtov 1H J*****1 CHan«i/Siipm! Unninal 1(1 **l I. West Wingx). I*4 VIMIMM). Rimiiul I (South Wit*| Ttf VIJfIOBI Sole Afcnl Till-. lIOIIK CI ASS. JO. llMk-toul
      68 words
Page thumbnail Page 33
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      94 34 4-STOREY SHOPHOUSE |^V For Sale By Tender Location: 273 South Bridge Road (Within the Chinatown Conservation Area) a, x\ Land Area 287sa m/3,0895a ft N, <o^m Total gross floor area Approx. 933.435q m/ 10,047 sq ft Tenure 999 years wef. 1 October 1823 Tender Closing Date 12 noon, 29 March
      94 words
    • Advertisement
      Page 34 Advertisements Column 2
      666 34 BUSINESS TIMES NOT I C E S TOLL-FREE TEL. No. 1 -800-741-1883 FAX.74I-1298 NOTICE NOTICE IS HEREBY GIVEN that, I TAY YEW HOCK have applied to the Hotels Licensing Board, Singapore, for a certificate of Registration in respect of premises known as MAYO INN at 9/A/B/C/D 11 Jalan Besar Singapore
      666 words
    • Advertisement
      Page 34 Advertisements Column 3
      248 34 SAVU PROPERTIES UD SS5II,0(10,000 SECURED FLOATING RATE Notes Due 2002 In accordance with the provisions of the Notes, notice is hereby given that tor the six-month period from 22nd February 1995 lo 22nd August 1995 (181 days), the Notes will carry a Rate of Interest of 4.25% per anum with
      248 words
    • Advertisement
      Page 34 Advertisements Column 4
      248 34 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF KLOECKNER MACHINERY PLASTICS PTE LTO (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companiea Act Chapter 50. that a Final General Meeting of the abovenamed Company will be held at 9
      248 words
Page thumbnail Page 35
  • Shipping Times
    • Article
      Lock icon Top Whirlpool executive becomes Outboard's new chief
      394 35 NYT CHICAGO Outboard Marine Corp replaced its chairman, chief executive and president on Monday, abruptly ending James C Chapman's tumultuous five years at Outboard's helm. Succeeding him is Harry W Bowman, a top Whirlpool Corp executive with a strong marketing background. Mr Chapman
      NYT  -  394 words
    • Article, Illustration
      Lock icon Shipbuilders' global order book grew 17% in 4th qtr
      385 35  -  By Rahita Elias SINGAPORE The world's shipbuilders will be busier than ever in the next two years. The global order book swelled 17 per cent year-on-year to 45.8 million gross tonnes in the last quarter of 1994. And more than 91
      Source: Lloyd's Register  -  385 words
    • Article
      Lock icon Singapore bunker fuel said to be contaminated
      264 35 Reuter SINGAPORE A number of bunker deliveries sold out of Singapore has been found to have been contaminated by a high content of abrasive metals and several ships have been forced to unload the contaminated fuel, industry sources said here yesterday. One testing
      Reuter  -  264 words
    • Article
      Lock icon Alert over pirates after ship hijacked off Vietnam
      124 35 AFP KUALA LUMPUR Ships in South-east Asia were alerted to renewed piracy threats yesterday after gun-wielding masked pirates hijacked a cargo vessel off Vietnam and escaped with its cargo last week. The vessel, Lucky Trader, reported the pirates threatened the crew at
      AFP  -  124 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      613 35 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 •Ahlers Lines 12 1 Ahrenkiel 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
      613 words
    • Article
      Lock icon KPM to invest M$40m on Port Klang container terminal
      402 35 Bernama PORT KLANG Klang Port Management Sdn Bhd (KPM) is investing another Ms4o million (5522.7 million) to acquire new equipment for its container terminal, Klang Port Container Terminal (KPCT). KPM managing director Elias Kadir said the investment was to upgrade KPCT
      Bernama  -  402 words
    • Article, Illustration
      Lock icon Japan won't reveal nuclear waste ship's route
      447 35 Reuter TOKYO Japan said it has decided to keep secret the route of a ship soon to leave a French port carrying nuclear waste to Japan. Japanese foreign ministry spokesman Terusuke Terada said the shipment of high-level radioactive waste in sealed canisters would
      Reuter; AFP  -  447 words
    • Article
      DAILY FREIGHTS
      1172 36 BUOYANT conditions in the Atlantic Capers sent the Baltic Freight Index (BFI) up seven points to 2,009 amid grain enquiry that was building up in Latin America. Transatlantic mineral rates have in general improved by US$O.5O to US$O.75 per tonne in the last 10 days, shipbrokers reported. But
      1,172 words
    • Article
      TRANSPORT DIARY
      607 36 COURSES Title: Principles of Shipping Documentation and Practices (SDK 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
      607 words
    • Article, Illustration
      Lock icon Insurance market's recovery could be in jeopardy
      1006 37  -  This follows spectacular and costly shipping losses last year. Bob Jacques reports Bob Jacques Seatrade Week Newsfront FOLLOWING some spectacular and costly losses in the last months of 1994 notably the Estonia. Achille Lauro and Cebu City and the sobering spectacle of the
      Seatrade Week Newsfront  -  1,006 words
    • Article
      THE SHIPPING GUIDE
      13467 44 This is a list of ships loading at Singapore for ports around the wodd. 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
      13,467 words
    • Article, Illustration
      Lock icon Hazardous flights for young children
      1210 47  -  Many child safety seats certified for use in planes have been found wanting in tests by American authorities, reports Betsy Wade Betsy Wade NYT THE United States Federal Aviation Administration (FAA) has tested forward-facing child safety seats certified for use aboard planes and found them
      NYT  -  1,210 words
    • Article
      SHIPPING AGENTS
      3380 48 A xm.BC C ontainerline NV: Bclsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg A Trdg Pte Ltd (S) Akrrnkiel Liner Service kim Shpg A Trdg(S). Albatros Sea-Air Service: Frata Shpg
      3,380 words
    • Article
      COURIER SERVICES
      285 48 Abacus C ouriers Tel: 545-8011. Fax: 545-1898 Air Kxprtss I rau-l Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies
      285 words
    • Article
      AIR FORWARDERS
      1524 48 Abex Express hrvtght Tel: 542-7171 Fax: 5****** Actinic Korwarder Td: 225-1833. Fax: *****4}. Activair Singapore Td: 542-7822. Fax: *****20. It Acroliak Kreight Iniemational 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.
      1,524 words
    • Article
      PORT CONDITIONS
      2301 49 ARGENTINA Diamante, Santa Fe: No vessels berthed, no vessels in roads, no vessels due. San Lorenzo: Six vessels berthed of which 4 loading soya bean meal pellets, 1 wheat, I soya oil, 7 vessels in roads, 14 vessels due at 9 terminals during the coming week. Rosario: One
      2,301 words
    • Article
      CRUISE & FERRY SCHEDULES
      577 49 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dfp Nnine of Vessel ETA KID Ports of Calls Fort Agent telephone No FEBRUARY 21 21 Nautican Cruise to Nowhere Lines Int'l Holdings 276-7175 21 21 Columbus Caravelle Kukup Harpers Shipping 221-1388 21 21 Renaissanee I Cruise to Nowhere Renaissance Cruises 222-3388 21 21
      577 words
    • Article
      SHIP SALES
      884 49 There has been another change of emphasis this week, with the majority of sales coming in the tanker sector. Main developments having revolved around Aframax and Panamax tankers with a number of meaningful deals and plenty of other activity and rumour. VESSELS SOLD FOR FURTHER TRADING Bulk Carriers
      884 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        530 50 II 3tase< Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure rt Hfarong Port Kalmiantan 1 6/% P02 73 02/0830 23 02/7300 *CHte Ewelence >8 112 2302/0500 2302/1NO Unsma 2202 POIA 2202/2230 2202/2330 'Owlsea Bridge 1/95 16 2302 0030 26.02/2300 MaMiola Enp MO/95 P01A 2202/1530
        530 words
      • Article
        CONTAINER SCHEDULES
        1556 50 Deceiving of export fcl containers and lcl cargo Record Booking/Balance Rslts 'Ship Voy No Etb/Btr Period From To From to Oats, 0626 24/2359 1A 22/1500 22/1659 22/1900 IB 22/1500 22/1659 22/1900 2B 22/1700 23/0659 23/0900 4 23/1200 23/1459 23/1/00 •Ac, Jade 2266 24/1100 2A 22/1/00 23/0659 23/0900 3
        1,556 words
      • Article
        COCKETT BUNKER MARKET REPORT
        857 50 •THIS twice weekly report, compiled by Cockett Marine Oil Ltd, Ishows 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
        857 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        546 50 .aJ -H! Carbon Carton Feb 16 Density Niter Residue Ash Aknriin Sedment Density Water RevV M.'M qp« A t»on -*m EJ KC/1T3 tV/V MM MM PPM mettwd rG/m*3 V/V 4M/N MM PPM mel go/a-it* s«< 1.0 Hi u so- our 03 126 23 S«C35 »> 10
        546 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon US travel agents group to file anti-trust suit against airlines
        465 52 NYT NEW YORK The American Society of Travel Agents announced on Tuesday that it will soon file an anti-trust suit and pursue other legal action to force the airlines to restore the 10 per cent commissions they once paid agents
        NYT  -  465 words
      • Article
        Lock icon GM plans US$1.2b investment in Brazil
        309 52 Bloomberg Business News MIAMI LAKES, Florida General Motors Corp says it plans to invest US$l.2 billion (SSI.7 billion) in Brazil within two years to meet a possible doubling of consumer demand by the year 2000. Investments in Latin America could reach US$2 billion by
        Bloomberg Business News  -  309 words
      • Article
        Lock icon Duff & Phelps upgrades Chrysler's debt ratings
        245 52 Duff Phelps upgrades Chrysler's debt ratings Bloomberg Business News CHICAGO Chrysler Corp's debt ratings have been upgraded one notch by Duff Phelps credit rating company, which cited the carmaker's improved balance sheet and success at developing new products, such as the Neon car. Ratings on Chrysler Financial Corporation, the carmaker's
        Bloomberg Business News  -  245 words
      • LOG BOOK
        • Article
          Lock icon US' Superior in venture with Fuchs
          97 52 Reuter VAN NUYS, California Superior Industries International Inc said on Tuesday that it has agreed to form a joint venture with Germany's Otto Fuchs Metallwerke to produce aluminium wheels for the European automotive market. Fuchs is a major producer of non-ferrous metals for the
          Reuter  -  97 words
        • Article
          Lock icon Discounted air fares to Europe
          79 52 The Washington Post LONDON Interworld, a Florida consolidator, has tapped into Farebase, a London database listing discounted airfares from London to the rest of Europe, Africa and Asia. The service is aimed at three groups of American travellers: those who have free frequent-flier tickets as
          The Washington Post  -  79 words
        • Article
          Lock icon Lufthansa to buy 20 Airbuses
          62 52 AFP FRANKFURT The management of German national airline Lufthansa decided on Tuesday to buy 20 A-319 Airbuses, subject to approval by the company's Supervisory Board. The company said the A-319 will be used in a 126-seat configuration, replacing 20 Boeing 737-200s between 1996 and 1998.
          AFP  -  62 words
        • Article
          Lock icon UK TV host aims for flight record
          79 52 Reuter LONDON British television personality Anneka Rice left London on Tuesday hoping to set a record for flying round the world in airliners. The present world record, set 15 years ago, is 44 hours and six minutes. Rice, who left Heathrow airport on
          Reuter  -  79 words
        • Article
          Lockheed unit to axe 800 jobs
          74 52 SUNNYVALE, California, Lockheed Missiles Space Co says it will cut its workforce by 800 through the end of June, mostly through layoffs, and will consider comparable reductions in the second half of 1995. The initial job cuts will reduce costs to help the company
          74 words
      • Article, Illustration
        Lock icon Shifting ground causes rail tracks to bend
        65 52 AFP MALAKASSA, Greece A section of the Athens-Lamia rail track here in central Greece was totally bent on Tuesday after rare underground landslides on Saturday ripped up motorways and rail tracks in the region causing severe damage. The ground is still shifting and
        AFP  -  65 words
      • Article
        SilkAir to fly direct to Padang, Pekanbaru
        155 52 SINGAPORE Silk Air will launch direct services next month to Padang and Pekanbaru on the Indonesian island of Sumatra. The thrice-weekly services, which start on March 26 and 27 respectively, will use a newly leased Fokker 70 jet. The launch is in line
        155 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1778 52 at? n» eta gn ati n» no n»t rre Ate MuM GA985 1105 GF147 1850 K—< VN741 1310 VN740 1410 H*tya4 MI893 1705 MI894 1325 SQ441 510 TG407 2120 ***** 535 1 HtCMMMCMy VN741 1310 SQI72 1000 SQ171 1450 VN740 1410 AdllaHl QF81 1930 QF82 2050
        1,778 words
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      48 35 Every Monday to N.EUROPE, RUSSIA, PORTUGAL, HUNGARY, SCANDINAVIA, UNITED KINGDOM. Hotline *****30 For more information, please refer to Pg. 6 Insurance market's recovery could be in jeopardy, Pg 3 Hazardous flights for young children, Pg 13 US travel agents group to file anti-trust suit against airlines, Pg 20
      48 words
    • Advertisement
      Page 35 Advertisements Column 2
      25 35 Line* and service* represented by Members of the Registry ot Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      25 words
    • Advertisement
      Page 35 Advertisements Column 3
      252 35 PERSONAL FINANCE INVESTMENT Every Saturday in Business Times THE CAMEROON NATIONAL SHIPPERS' COUNCIL CEMENT 1. We are pleased to announce that Hai Sun Hup Co (Pte) Limited has been formally appointed as the agents for the Cameroon National Shippers' Council in Singapore, Malaysia (East West), Thailand and Indonesia as from
      252 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      2036 36 y flv J^^Ui«yauEl^^^^^^^^^^^^^^^^^^^^^HlHNywli|||U|j|H|H|||U|y|^^^H|||pUly||||^^ I NORTH AMERICA 1 I OTHER DESTINATIONS I I NORTH AMERICA I DtRtCT C*U TO WBST COAST tSCXI IWW W A»T y cpfnw. AWCA (MAWWT* WY"?*) MNOAPOItt CAUTOftNU EXHItM (DtMTCT nKM WMT COAST) rn STOK U OM SIA ML HOUSTON CMC lit »"i HOT» rtl IM* V
      2,036 words
    • Advertisement
      Page 36 Advertisements Column 2
      25 36 o 4 I I LEAD BY EXAMPLE 41 For some of the best examples of good management. m ~Enterprise Management. Every Monday. Business Times mmnrntm
      25 words
Page thumbnail Page 37
  • Page 37 Advertisements
    • Advertisement
      Page 37 Advertisements Column 1
      915 37 H SEALORD SHIPPING AGENCIES ji CTmiwfflwiwfflM tirodulm^HHHir -fiLZYQI SB_ PSQ PXB SHI MM NJt\ PHI BAH l_Mß_| IttL/WT sk bp my I va/vor Imi I cm id I V J\ 4 /3 13/3 15/3 14/3 14/3 15 J IJ J CIOSW 27/2 14/3 10/3 AIKSA* CIOSW I 27/2 I 4/3
      915 words
    • Advertisement
      Page 37 Advertisements Column 2
      120 37 Accepting LCL and containoriaod cargoaa Diroct to South Africa Spora Durban P Eltt C Town Full Contakw tanrtca ORANJE 0520F 03/03 16/03 17/03 19/03 PACIFIC LINK 060 IF 11/03 24/03 26/03 27/03 VAAL 0777F 21/03 03/04 05/04 07/04 NED COLOMBO 0876F 01/04 13/04 15/04 17/04 OSAKA MARU 0981F 12/04 25/04
      120 words
    • Advertisement
      Page 37 Advertisements Column 3
      418 37 ANli* IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST! FROM AUSTRALIA (CAST COAST) wssa/wr mi pm ssp mk tn ma mm hob wssa/vov mc std m m mob on *YAMS?» 92S It/92 22/92 21/92 11/OJ 14/0) MOM TOM Mr 4J2S 14/02 20/02 A. ASIA MS 21/92 21/92 92/93 15/03 11
      418 words
Page thumbnail Page 38
  • Page 38 Advertisements
    • Advertisement
      Page 38 Advertisements Column 1
      1412 38 ROAM LE SOUTH- PORT VOY NO HAMBURG ANTWERP HAVRE AMPTON KELANO S PORE HKG KAO TYO SHI OSA NAG KIT ANO 28/205 31/1 212 4/2 23/2 2*12 28/2 2/3 9/3 7/3 STUTTGART EXPRESS 08/405 4/2 6/2 012 1/2 27/2 2/3 6/3 7/3 8/3 KIRISHIMA 08/208 7/2 9/2 n/2 2/3 3/3
      1,412 words
    • Advertisement
      Page 38 Advertisements Column 2
      509 38 dmmk WL IS'pore P Ketang Loading ftx VLAHERNA 22/2 Rom/Atw/UK/Nantes H ES£R KAPIANOGLU 22/2 26/2 Rdm/Atw/Bmn/UK APOLLON 28/2 2/3 R<*n/At«/UK/Nan 'Loads E./W. Malaysia. Indonesia I Loading for V JEMIMA M Dubai/Damman/lddah/Aqaba I MANISAMUT NAREE Kuwait/Damman/Dubai H 'Loads Singapore. E./W. Malaysia. Indonesia B I Loading for V PAN EXPRESS Los Ange)es/New
      509 words
    • Advertisement
      Page 38 Advertisements Column 3
      1398 38 NORASI/T NOftASM MAOIA^Sm'j" 3 n?/OJ J?/2i i? 7 11/03 1,/03 «>/03 21/03 21/03 22/03 I M 3 */03 27/03 27/03 21/03 21/03 30/03 I 52 J*'®* /M 02/04 03/04 03/04 04/04 04/04 06/04 I SEA NTIATNE 510* 16/03 05/04 00/04 09/04 08/04 09/04 10/04 11/04 11/04 13/04 I «li£J 15/04
      1,398 words
Page thumbnail Page 39
  • Page 39 Advertisements
    • Advertisement
      Page 39 Advertisements Column 1
      1509 39 STRAITS SHIPPING PTE LTD ■Hlf Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific line (A SERVICE Of CHINA NAVIGATION CO) L CARGO DUC SAILS I t > HkCRUei V9so.it NK. Skan. Ia« 24 25 Feb 27 Feb 01 Mai FCL. LCL CONTAINER ANO
      1,509 words
    • Advertisement
      Page 39 Advertisements Column 2
      2708 39 rft Singapore Agent: Krvi 1 I Af|FCII P&O Containers (Singapore Agencies) Pte Ltd KJ 10 Hoc Chiang Road. #07-01 Kcppcl Towers. Singapore 0208 First Class Connections WORLDWIDE pnoosp.f«: 225 5127/222 7517 EXPORT IMPORT VtlliL VOY -n«G *m SIN SOU AWT ROT NAM GOT BRE LEH VESSEL VOY ZEE GOT HOT
      2,708 words
Page thumbnail Page 40
  • Page 40 Advertisements
    • Advertisement
      Page 40 Advertisements Column 1
      538 40 L ctft- JO,MT VENTURE W/ SAMUDERA INDONESIA SIR RICKMERS will i. j SINGAPORE CHINA JMSA SIPUUH VOY 3N6 14 FEB QINGDAO jBRtEN ERA VOY 4NB 13 MAR XINGANG SHANGHAI I INDUCEMENT CALL P.KELANG INDUCEMENT CALL HK. > GUOANG. BELAWAN. TG MAM XIAMEN. HUANGPU I > IT# UTAMA HARTA f| WEEKLY
      538 words
    • Advertisement
      Page 40 Advertisements Column 2
      1209 40 HANJIN SHIPPING I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 POCUMENT TEL: *****71 275 FDR Wt SIN IMI HAUL SfA YW HM H* «L SM IK HAUL SA¥ KM KYC HANNN 10NGKACH 051E 2/3 DULCI 2J/J 24/3 25/3 15* 25/2 M EUROft OIK JO/1 31/3 l/« HANHN EIUAKtH
      1,209 words
    • Advertisement
      Page 40 Advertisements Column 3
      1387 40 V J -J T JTTTTn^ 1 fl I I 9 «n« b< au 1111 5?, ,S£ e «t wo» *'o» w mi no m t« I* »c wi ik fj m m I CIOK H#M 25/2 I/J |/3 7/3 1/3 Mi 10 3 11/) 22/3 4/4 4/4 7/4 17/4 14/4
      1,387 words
Page thumbnail Page 41
  • Page 41 Advertisements
    • Advertisement
      Page 41 Advertisements Column 1
      2997 41 TO MOMBASA MO PAR ES-&ALAAM 5 mgaporo* General XfHll T»l (General): *****00 Sale* Booking: «mcy <topt: CO&TAR SHIPPING PTF ITU r tOeneratk 2MIMC Container: *****41/844 Container Ste B.L: *****02 Operation Container: *****15 l"*'™ i" r,t l'" Mn; ***** COSttIR Conventional: *****50 D O: ******5 *****46 i CH No: **********0 M
      2,997 words
    • Advertisement
      Page 41 Advertisements Column 2
      509 41 //j£ FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 *&r HOT LINE: *****33 (30 LINES) NEXT GROUPAGE SERVICE TO CHINA ETA: 27th FEB. 95 CONTACT: KEN SIM/ SYLVIA HOT LINE: *****33 (30 LINES) P. KLANG PH: 0203-*****02 (10 LINES), PENANG PH: 0204-*****7 (10 LINES) J. BAHRU PH: 0207-*****22 Jgftk
      509 words
Page thumbnail Page 42
  • Page 42 Advertisements
    • Advertisement
      Page 42 Advertisements Column 1
      1182 42 K&I a [INTRA BHUM 5031 Fri 24/2 S«t x/ 9 H VESSEL vqy 3N BKK Z 1 VWABHUM 1238 Sun 28/2 Fri 3/3_ (NTRA „,l 11 M~ 1 PMAHA BHUM 218N_ Thu In Pt Sun 26/2 f WANA BHUM 2898 0n,,. 0n,,. I m t" 1 m WAWTA BHUM Srf__2s/2_J[Us_
      1,182 words
    • Advertisement
      Page 42 Advertisements Column 2
      870 42 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX; *****57 CR **********0N I BTRAITS BHUTTLI SERVICE ST" PORT KLANG j PENANG 5! 5? m vessel voy sw pew 2WJFII) 26/2 (SUN) XOUB i*YA 9SOIZ 24/2 (FBI) 26/2 tSST" MiSffi 2/-2 (MOW) MCC CONVEYOR SOl3 26 2 (SUN) 01/3 <g) 27/2
      870 words
Page thumbnail Page 43
  • Page 43 Advertisements
    • Advertisement
      Page 43 Advertisements Column 1
      1189 43 Z« ADVANCE CONTAINER LINES (PTE) LTD ■M A I 140 Cacll StrMl, #12-00. PIL Building. Singapore 0100 L.Z TEL: *****21, FAX *****19, TELEX RS ***** ACLPL i ii f. jamama I (S Swting*/Wm* to PAT, 2 Sailing* lo BMT 1 Sailing to LCH) (1 tailing*/Waa*) W««L VOY SJN BKK Wj
      1,189 words
    • Advertisement
      Page 43 Advertisements Column 2
      936 43 KSSUS VOY S« It HOW HAMBURG THAAES ROTTERDAM ANTWERP Will D'HYPRA HO7W 23/02 IVO3 17/03 19/03 20/03 21/03 WU£ Ot ITM Yo7* 03/03 22/03 24/03 2C/03 27/03 20/03 VELE Pt VtlA VO7W 09/03 25/03 31/03 02/04 03/04 04/04 I Wilt Dt TIT>M TOBW 05/04 07/04 09/04 10/04 11/04 •ALSO ACCtPTMG
      936 words
    • Advertisement
      Page 43 Advertisements Column 3
      576 43 BSA 4 MYANMA wink FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P Klj Pen P.Gdf HPA-AN V2OSW 01/03 Mar RATHE* VI3IW 27/04 Mar PAGAN V2IOW 05/07 Mar MALAYSIA AGENTS BOUSTEAO SHTPttG AGENCES Kl*.: TEL 02-03-*****00 PHI. TEI 02-03-*****67 PCM: TU 02 04-*****02 PGD Til 02-07
      576 words
Page thumbnail Page 44
Page thumbnail Page 45
Page thumbnail Page 46
  • Page 46 Advertisements
    • Advertisement
      Page 46 Advertisements Column 1
      668 46 S RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E Irian PU ETHIOPIAN SHIPPING LINES Y (National im of EWio|>i») ACCEPTING FCL AND CONVENTIONAL Vmml Voy ETA Loading For Spora Andinet 38WB 12/04 Mombasa. O|iboutl Ataab Massawa Abbay
      668 words
    • Advertisement
      Page 46 Advertisements Column 2
      636 46 PI HI k AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundl. Islamqala (Doqharun) IYIOcIVI C.1.5./RUSSIA: Ima Ata, Ashkhabad. Baku. Dushanbe, I I e ii. u Irkutsk. Khabarovsk, Krasnoyarsk. Korsakov, Moscow. MllltZßf MunCn Novosobirsk, Sochi, Tashkent. Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE to west
      636 words
    • Advertisement
      Page 46 Advertisements Column 3
      289 46 IT?g\ FOONG SUN V SHIPPING (PTE) LTD. WHOLESALE CENTRE. BLOCK 1, #0310 SINGAPORE 0511 BOOKING/ENQUIRIES CR NO: 1096M*****W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP VESSEL vor ETA no DESTHATIQN SUN RAY 4/95 2/3 4/3 PLAJU/PALEMBANG NEE WAK I 4/95 27/2 21/2 PONTIANAK/SINTETE SUN RAY 4/95 2/3 4/3
      289 words
    • Advertisement
      Page 46 Advertisements Column 4
      351 46 ■LABMN CONTAINER LINES, INC -fWX" A fl« nt MAC-NELB BPORE: *****22 (24 LINKS) N c/R No: **********01 SIBU (084) *****9 KUCHING(O62I -*****3 PENANG: (04) *****6 BANGKOK (662) *****67 MANILA (632 &1268W P KtLANQ: (03) *****77 JAKARTA: (21) *****07 SUfIABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN
      351 words
Page thumbnail Page 47
Page thumbnail Page 48
Page thumbnail Page 49
Page thumbnail Page 50
Page thumbnail Page 51
  • Page 51 Advertisements
    • Advertisement
      Page 51 Advertisements Column 1
      495 51 I A. HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG; *****61 [m [m. PSD VESSELS VOY RTM ANT LEH HAM BREJ FEL 22/02 14/02 2V02~ H. PIONEER 313* 27/02 17/03 19/03 IS/03 19/03 19/03 21/03 01/03 03/03 04/03 H. FRONTER 315* 06/03 24/03 26/03 25/03 26/03 26/03 2t/03
      495 words
    • Advertisement
      Page 51 Advertisements Column 2
      411 51 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE RORO CARRER SPECIALIZE M HEAVY LFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO SO TONS [eta lent KSSfI VOY SOI PK LOAOMG FOR MOW* NMATNA 4 M n MM 25/2. TMI JONG MAMS 77/2 BMTU.U 21/2 OCEAN Bill II 25/2 21 2 BANGKOK l/J TMBOt
      411 words
    • Advertisement
      Page 51 Advertisements Column 3
      691 51 VESSEL Ivor ISWETA/D LAX I OAK CH PAL MM/COL HOU NYC NOR ~1 MACKMAC BWDGE I3A 23/02 /24/02 12/03 14/03 15/03 16/03 U/03 17/03 17/03 IS/03 ALLIGATOR TRRITH <1A 02/03/03/03 H/03 21/03 22/03 23/03 23/03 24/03 24/03 25/03 GEORGE NASHM6TON BWDGE SSA 09/03 /10/03 26/03 28/03 29/03 30/03 30/03 31/03
      691 words
  • Page 51 Miscellaneous
    • Miscellaneous
      Page 51 Miscellaneous Column 1
      304 51 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1.3 1.7 2.2 2.5 2.7 2.7 2.4 2.0 1.5 1.1 0.9 0.7 0.7 0.9 1.2 1.5 l.« 19 1.9 1.7
      304 words
Page thumbnail Page 52
  • Page 52 Advertisements
    • Advertisement
      Page 52 Advertisements Column 1
      7 52 I MARKETING I Tomorrow in Business Times
      7 words
    • Advertisement
      Page 52 Advertisements Column 2
      12 52 PLAY SMART Be part of the good life. Lifestyle. Everyday. Business Times
      12 words
    • Advertisement
      Page 52 Advertisements Column 3
      72 52 .'"-~\)(*;($-${@!~$%";[|.&`>~@{ FAR/EAST/EAST AFRICA FREIGHT CONFERENCE NOTICE TO SHIPPERS VESSEL DELAY SURCHARGE AT PORT OF MOMBASA Shippers are hereby notified that the Member Lines of this Conference, in view of port operation efficiencies are improving, have decided to adjust the subject surcharge with effective from vessels arriving at Singapore on or
      72 words