The Business Times, 24 February 1995

Microfilm: NL19772
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    9 1 Business Times MITA(P) 194/12/94 Friday February 24 1995 85"
    9 words
  • 2am LATEST
    • Article
      Lock icon Thai-Myanmar businessmen sign deal
      29 1 AFP BANGKOK Leading Thai and Myanmar businessmen signed an agreement of "mutual understanding" in Yangon yesterday to promote bilateral economic cooperation, staterun Radio Yangon. AFP
      AFP  -  29 words
    • Article
      Lock icon CNN in Aussie venture
      52 1 Reuter ATLANTA Cable News Network and the Australian Broadcasting Corporation will cooperate in a 24-hour news channel in Australia under a pay-television venture announced yesterday. The venture, involving the government-owned ABC, USbased cable group Cox Communications and John Fairfax Holdings, aims to begin operations later in
      Reuter  -  52 words
  • Article
    MARKET SUMMARY
    172 1 Stock market indices Thursday Change STII 2,085.84 +32.52 KLSE Comp 949.46 +8.39 Nikkei 17,830.02 -276.63 Hang Seng 7,976.41 +67.14 SET Index 1,277.14 +11.19 Jakarta Comp 454.40 -0.49 Manila Comp 2,598.23 +0.09 Taipei WPI 6,552.95 -50.93 Seoul Comp 907.85 -1.63 Bombay BSE30 ..3,359.92 +126.61 CLSA China B 819.39 +9.11
    172 words
  • Article
    Greenspan's remarks fail to sustain rise of US$
    136 1 NEW YORK The dollar drifted lower in subdued US trading yesterday after getting a modest boost from Federal Reserve chairman Alan Greenspan's remarks that the US central bank had a responsibility to make certain that the dollar is a stable currency. "The
    136 words
  • Article, Illustration
    Marina Centre poised to rival Raffles Place-Shenton Way
    547 1  -  By Jenny Lam SINGAPORE Marina Centre is shaping up to rival the traditional financial hub extending from Raffles Place to Shenton Way, having signed up several big office tenants from that area. Business Times estimates that about 570,000 square feet of office
    547 words
  • Article
    Dow Jones cracks 4,000, index up 41 at 2am
    367 1 NEW YORK The Dow Jones Industrial Average rose to break through 4,000 in early trading yesterday, propelled by enthusiasm about the direction of the American economy and a strong bond market. The blue chip index moved just above 4,000 in the
    367 words
  • Article
    Regional share markets regain their poise
    289 1  -  By R Sivanithy SINGAPORE Regional markets, jolted by fears over the financial straits of Washington DC on Wednesday, managed to regain their composure yesterday. Providing the main support for the recovery were comments made by US Federal Reserve chairman Alan Greenspan on inflation and
    289 words
  • Article
    Nikkei plummets 276 points
    281 1  -  From Anthony Rowley in TOKYO TOKYO stock prices plunged yesterday as local and foreign investors appeared to take a more gloomy view of the prospects for economic recovery in Japan and for the yen. At one point, the Nikkei-225 average was down 540 points or over
    281 words
  • Article
    Giant US drugs firm to build $300m S'pore plant
    369 1  -  By Lilian Ang SINGAPORE American ?;iant Schering-Plough, known or its Coppertone and Dr Scholl products, is building a $300 million plant here a move set to spur growth in the nascent local pharmaceuticals sector. The investment, which is likely to have
    369 words
  • Article
    Jones Lang Wootton's new Asia chief likely to be Asian
    340 1  -  By Lee Han Shih SINGAPORE For the first time, an Asian is likely to head the Asian operations of international property consultants Jones Lang Wootton when Nigel Raymond steps down as chairman next week. His right hand man in Hongkong,
    340 words
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      155 1 9 CONTENTS News Companies S pore News 2 S poreM'sia .15.16.18 Regonaf News 3.4,6 Financial 19.20 World News 7 Features Markets Analysis 13 Clob/KLSE. SES 2426 Editorial 12 Regional .22 Sports 9 World 23 TV/Lifestyle 11 Currencies 20 Advertising 8 Simex/Commo ...20,21 Subscription Tel 1800-*****77 Fax *****75 BT Newsdesk Tel
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      15 1 Advertising: Pg s Ad agencies abuzz in Vietnam When Fed will cut rates, Pg 14
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      19 1 Hock iMck Siew: pg is Pearson-TVB link a good move US investors cut back on foreign securities, Pg 14
      19 words
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      75 1 Bottom Line: Pg u And now, a Euro-US superbloc? CPF trustee stocks what's in and what's out, Pg 15 A L FRED DUN HI L L The New Dress Pen t/myite i/uttim-titie (AurJn/f (/tvut/n. ,-Rmvst t/kummt/ittf W /inyttrr /iswiAe* Httt/t im/iim/iHi/ -wmt/ mt/n/tens. .-t'*i% /am fittnti/ </yt> Ttmntonn pen tmf/i
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      16 1 eMIKIMOTO The Originator of Cultured Pearls Since 1893 CTHOO #01 -22 TangSn Shopping Cantre, I Singapore
      16 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Cars, rents keep CPI in check
        304 2  -  By Ven Sreenivasan LOWER ear prices and a moderate rise in the cost of housing helped keep the year-on-year inflation rate last month to 3.4%. Compared with the previous month, January's Consumer Price Index was up 0.4%. A fall in COE premiums helped slow
        Source: Dept of Statistics  -  304 words
    • NEWS ROUNDUP
      • Article
        President Marine shipyard charged
        85 2 THE President Marine Pte Ltd, a shipyard located at Pandan Road, was charged on Wednesday with failing to appoint an independent external auditor for its safety management system by the Dec 1, 1994, deadline set by the Chief Inspector of Factories. This is the first time
        85 words
      • Article
        New Registrar of Vehicles
        55 2 LEE Yuen Hee, the Finance Ministry's deputy director of investments and regulatory services as well as corporate services, will succeed Lim Soo Hoon as the Registrar of Vehicles with effect from March 1. Mdm Lim will be made deputy dean of the Civil Service College with
        55 words
      • Article
        Advice to test bunker
        80 2 THE Port of Singapore Authority and the Singapore National Shipping Association yesterday urged bunker buyers to test the fuel they bought should they be in doubt over the fuel's quality. The two parties' advice follows reports of contaminated bunker. They said they were "concerned" over the
        80 words
    • Article
      More land jobs — and pay is 6.5% higher
      501 2  - More land jobs and pay is 6.5% higher 1994 NUS and NTU Graduate Employment Survey By Ven Sreenivasan WITH the economy booming, most fresh graduates of the two local universities had little trouble landing a job last year. The preliminary findings of the 1994 NUS and NTU Graduate Employment Survey
      501 words
    • Article
      Short-term pain but long-term gain
      571 2  -  FAS pulling out of M*sia League By Shahiron Sahari THERE will be a few shortterm losers, but Singapore soccer industry should still come out ahead financially in the long run, say officials and businessmen. The Football Association of Singapore's decision to pull out of the
      571 words
    • Article
      Pakistan eyes US$1b deals with S'pore firms
      311 2  -  By Vikram Khanna PAKISTAN hopes to sign preliminary agreements with local companies for projects worth about US$l billion (551.45 billion) when the country's prime minister, Benazir Bhutto, visits Singapore early next month. Shahid Hasan Khan. Special Assistant to the Pakistani Prime Minister on
      311 words
    • Article, Illustration
      Lock icon PWD building school using precast techniques
      312 2  -  By Abdul Hadhi THE Public Works Department (PWD) is building a school using precast techniques in support of a construction industry initiative to promote the use of precast materials. Kranji Secondary School at Choa Chu Kang Street 51 will be the first local school
      Photo by Chris Loh  -  312 words
    • Article
      Komatsu S'pore unveils Viet joint venture
      223 2 KOMATSU Singapore yesterday unveiled plans to set up a joint venture in Ho Chi Minh City, Vietnam, to tap the enormous growth potential for construction equipment. Komatsu Singapore coordinates the marketing activities in South-east Asia for its Japanese parent. Komatsu Ltd. the world's second
      223 words
    • Article
      Growth not 16%, EDB says
      192 2 A REPORT which appeared in Business Times on Feb 16 under the headline "Manufacturing likely to grow 16% in Ist quarter" was based on an error in an Economic Development Board press release, the EDB clarified yesterday. The board said the figure 16 per cent
      192 words
    • Article
      Help for poor must come with love: Boon Heng
      210 2 THE help given to poor and unfortunate Singaporeans must come with human love and care, National Trades Union Congress chief Lim Boon Heng said yesterday. And the best way to do this is to involve the community at large with support
      210 words
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      Page 2 Advertisements Column 1
      124 2 I specialise in selling private properties quickly... any size, HDBH9 any shape. I have a track record of transactions even the HTm big boys will be proud of. My success story couldn't be HK Wm better t01d... 136 properties in 12 months, all sold! HiS If going with a top
      124 words
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      Page 2 Advertisements Column 2
      9 2 Singapore decision good for soccer: KL minister, Pg 9
      9 words
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  • SOUTH-EAST ASIA
    • Article
      Proton may set up Indonesian plant in two years' time
      380 3  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA'S national car firm. Proton, may set up an assembly plant in Indonesia in two years' time. A feasibility study is now under way, Defencc Minister Najib Razak said yesterday. So far, Proton
      380 words
    • Article
      Phnom Penh plans to set up national stock exchange
      257 3 BANGKOK Cambodia is preparing to establish a national stock exchange to attract foreign capital for national development and local companies. The Bangkok Post yesterday quoted Cambodian Investment Board sccretary-general Ith Vichit as saying the stock market could open in 18 months
      257 words
    • Article
      Poverty is the real problem facing Cambodia: Hun Sen
      288 3  -  By Soh Tiang Keng SINGAPORE The real problem facing Cambodia today is not the Khmer Rouge but poverty, Cambodian Second Prime Minister Hun Sen said last night Speaking at a dinner at Mandarin Hotel to mark the 90th anniversary of Rotary
      288 words
    • Article, Illustration
      Lock icon Uphill task
      66 3 AFP MANILA The Philippine government is determined to move residents from a Manila 'mountain'. A temporary housing project is underway for squatters of Smokey Mountain, Manila's garbage dump. President Fidel Ramos, who visited the project site yesterday, ordered a facelift of the dumpsite, the country's symbol of poverty.
      AFP  -  66 words
    • NOTE BOOK
      • Article
        Lock icon US$373m spent to prop up baht
        65 3 Bloomberg Business News BANGKOK Thailand spent USS373 million (*****.8 million) of its foreign currency reserves to defend its currency when Mexico's financial crisis sparked speculation the baht could be devalued, the central bank said yesterday. Foreign currency reserves at the end of January were
        Bloomberg Business News  -  65 words
      • Article
        Lock icon EU won't end Thai copyright probe
        84 3 AFP BANGKOK The European Union will not end a two-year-old probe of alleged copyright v iolations in Thailand because of news reports that the practice remains widespread, a Commerce Ministry official said yesterday. "The EU has notified the department that it wants to delay
        AFP  -  84 words
      • Article
        Lock icon Myanmar junta leader visits Thailand
        73 3 AFP BANGKOK A leader of the Myanmar junta. Lt-Gen Tin 00, arrived here yesterday for a three-day visit to Thailand as a guest of the army, army spokesman Col Palangkul Khlaharn said. The visit came at a time of tension between the two countries, after
        AFP  -  73 words
      • Article
        Lock icon French group in Asian investment tie-up
        77 3 AFP PARIS French group Lyonnaise des Eaux announced yesterday that it is setting up an investment company with Australian, Malaysian and US partners to invest in water treatment and distribution projects in Asia. Lyonnaise said it had formed an alliance with Australian group Lend
        AFP  -  77 words
    • Article
      Lock icon Manila slams forex curbs on banks
      330 3 Reuter MANILA The Philippine Central Bank imposed foreignexchange restrictions on banks yesterday but the market shrugged them off and the local currency continued its decline. The Central Bank's Monetary Board, in a decision approved on Wednesday night, limited banks' long foreignexchange positions to 20
      Reuter  -  330 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      94 3 Jjmmlife, J||jk to Q Pontiac Marina Pte Ltd and CITIBAN<& |!|§!iii flttllfl on the signing of the lease at Millenia Tower. The Knight Frank Commercial team i HHtf l! is proud to have been instrumental towards the achievement of this momentous event. isßlK§s®tf IS a««*****18S |R Hrnf.v ~.!!!!!!!!<!!! RUus«".m| I!!!!!!!!!!!!!!
      94 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Fixed asset investment growth slows
        75 4 Reuter BEIJING Fixed asset investment growth in China slowed sharply last year, but serious problems of payment arrears and going overbudget in the construction sector persist, the Economic Daily reported. In 1994, total investment in fixed assets was 1.59 trillion yuan (*****.7 billion), an increase
        Reuter  -  75 words
      • Article
        Lock icon Sick firms told to reform
        56 4 AFP BEIJING China's top industrial official, Wu Bangguo, has called on ailing state firms to radically reform their management systems, to improve productivity and cut payrolls. "It's only in this way that state firms will be able to compete in a fierce market," Mr Wu
        AFP  -  56 words
      • Article
        Lock icon Chinese firm on bilateral Spratly talks
        60 4 UPI BEIJING China stood firm yesterday in its- demands for bilateral negotiations with each claimant of the disputed Spratly Islands. "The Chinese government has been proposing and will continue to propose bilateral talks with the countries concerned to peacefully settle issues and disputes over
        UPI  -  60 words
      • Article
        Lock icon Taiwan quake kills two
        44 4 AFP TAIPEI Two people were killed and 13 injured when an earthquake measuring 5.2 on the Richter scale struck Taiwan yesterday. The casualties were caused by a rock which fell and crushed a bus in Hualien county, police said. AFP
        AFP  -  44 words
    • Article
      Lock icon Beijing, US upbeat amid last-ditch huddles to end row
      462 4 Reuter, AFP BEIJING No fewer than eight US-China working groups were immersed in last-ditch bargaining yesterday, building on what both sides called progress toward averting a trade war over copyright piracy. For China's part, foreign ministry spokesman Chen Jian sounded an
      Reuter,; AFP  -  462 words
    • Article, Illustration
      Lock icon China set to be world's 10th largest trading nation
      406 4 Reuter BEIJING A leading Chinese think tank says China will become the world's 10th largest trading nation and will halve inflation this year but faces a swelling budget deficit and soaring numbers of jobless. The State Information Centre was upbeat about
      Reuter  -  406 words
    • Article
      Lock icon Taiwan opens up service sectors, but land ban stays
      248 4 Knight-Ridder TAIPEI Taiwan's Council for Economic Planning and Development recommended large-scale liberalisation of the island's service industry on Wednesday, but kept a ban on land-buying and development by non-residents. The CEPD, the government's main economic planning body, made the decision during
      Knight-Ridder  -  248 words
    • Article
      Lock icon China declares war on organised crime, vows to execute gang bosses
      351 4 Reuter BEIJING Chinese officials will fight organised crime with bullets, vowing to execute gang bosses responsible for a surge in extortion, prostitution, drugs, smuggling and gambling, news reports said. China in the *****, with its widespread corruption and surging
      Reuter  -  351 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      284 4 the new Brother Fax 620, with an I system and automatic H H H cutter irons out this horrible, H I TAS The Brother Fax 620 comes loaded with all the features you'd expect from a leading Japanese name: "Smoothing" Enhanced Image Resolution; 32 Gray Scale; 15 Station Memory; Enhanced
      284 words
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      Page 5 Advertisements Column 1
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  • REST OF ASIA
    • Article
      Lock icon New Zealand to spend more on education, health, Maori affairs
      418 6 AFP WELLINGTON New Zealand yesterday signalled an end to a decade of heavy government spending cuts when Premier Jim Bolger announced a range of funding increases, including for education, health and Maori affairs. And as Mr Bolger unveiled the plans,
      AFP  -  418 words
    • ASIA NOTES
      • Article
        Lock icon Japan's vehicle output falls after quake
        66 6 AFP TOKYO Japan's automobile production fell 1.4 per cent from a year earlier to 761,892 units in January as a result of last month's earthquake in Kobe, the Japan Automobile Manufacturers Association said yesterday. A spokesman said production would have risen 3.8 per cent
        AFP  -  66 words
      • Article
        Lock icon Vietnam urged to simplify procedures
        41 6 AP HANOI A high-powered Japanese business delegation, from the Japan Federation of Economic Organisations, yesterday said it has pressed Vietnam to simplify investment procedures and lower costs if it wants to attract more Japanese money. AP
        AP  -  41 words
      • Article
        Lock icon US, S Korea discuss nuke deal
        56 6 AFP SEOUL US Assistant Secretary of State Winston Lord yesterday held talks with South Korean officials to iron out differences over Washington's nuclear deal with North Korea. Mr Lord first met Assistant Foreign Minister Lee Jun Tae, with the North's reluctance to accept S
        AFP  -  56 words
    • Article, Illustration
      Lock icon Here's to life
      51 6 Reuter NEW ZEALAND Former New Zealand premier David Lange, 53, taking a sip from the coffee mug he used during his days in power after he announced yesterday that he will retire from politics at the next elections. He said that he intended to 'reclaim' his life.
      Reuter  -  51 words
    • Article
      Commercial helicopter services invited to take to Pakistan's open skies
      337 6  -  From Farhan Bokhari in ISLAMABAD PAKISTAN'S three-year-old "open skies" policy which allowed private airlines for the first time moved one step further this week with the government seeking offers for commercial helicopter services. This is the first time that helicopters
      337 words
    • Article
      Lock icon NZ may put the brakes on immigration
      296 6 AFP AUCKLAND Growing political tension caused by the highest immigration levels in decades may force New Zealand to "put the brakes on", Immigration Minister Roger Maxwell said yesterday. With the country's birthrate slightly below replacement level Mr Maxwell called for a formal debate
      AFP  -  296 words
    • Article
      SGS-Thomson launches design centre in India
      170 6  -  By Claire Leow SINGAPORE French-Ital-ian chip company SGSThomson Microelectronics has opened a design centre in Nodia, India. The four-storey, 5,000 sq m building, on an 8,000 sq m plot of land, has satellite links to SGS-Thomson's other design centres worldwide, including one in Singapore.
      170 words
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      Page 6 Advertisements Column 1
      295 6 5 1? Guardian of Great Vintages Guardian of Grt* V aitars /ff#l-KANCE £tcde> the, Aii in l/Ulne, GellaAA> I £e/ue PieAtuje, EiS ■■■■I i MANOIR COTTAGE ERMITAGE CASTEL CELLARS FOR THE HOME Manoir 1 12 144 1455 mm 680 mm 670 mm Cottage 3 11 142/148 1455 mm 680 mm
      295 words
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      Page 6 Advertisements Column 2
      118 6 This announcement appears as a matter of record only NAVA FINANCE AND SECURITIES PUBLIC CO., LTD U5555,000,000 SYNDICATED CREDIT FACILITY Arrangers Lead Managers The Fuji Bank, Limited, Singapore Branch Bank Brussels Lambert (Singapore) Limited Co-Lead Managers The Bank of Nova Scotia Asia Limited The Development Bank of Singapore Ltd Krung
      118 words
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  • THE WORLD
    • Article
      Lock icon Congress rebuffs Washington DC mayor's plea for aid
      644 7 The Washington Post WASHINGTON Members of Congress on Wednesday rebuffed District of Columbia Mayor Marion Barry's plea for a massive infusion of federal aid, saying in a day-long hearing that the city's failure to curb spending makes greater federal control of the
      The Washington Post  -  644 words
    • Article
      Lock icon US business investment likely to rise at slower pace: survey
      244 7 Bloomberg Business News, Reuter WASHINGTON Business investment is likely to rise at a slowei* pace this year as higher interest rates slow consumer demand for goods and services, government figures show. The projected 6.6 per cent increase in 1995 capital
      Bloomberg Business News,; Reuter  -  244 words
    • Article
      Lock icon US strengthens support for united Canada
      328 7 AP OTTAWA Wading into a heated Canadian debate, the White House strengthened its support for a united Canada yesterday, in the face of a new drive to make Quebec a separate country, as President Bill Clinton pledged to make ties with the northern neighbour
      AP  -  328 words
    • Article
      Lock icon German engineers set for 1st strike in 11 years
      435 7 Reuter MUNICH Germany's crucial engineering sector yesterday headed into its first strike in 11 years after employers failed to come up with a lastminute deal to bring the workers back to the negotiating table. Hans-Joachim Gottschol, the head of the Gesamt
      Reuter  -  435 words
    • Article
      Lock icon Opel recalls one million cars
      77 7 Reuter RUESSELSHEIM, Germany Adam Opel AG, the German unit of US carmaker General Motors, yesterday said it would recall at least a million cars worldwide to fix problems with airbags and fuel tank caps. Opel said the costs of the recall of its Astra model
      Reuter  -  77 words
    • Article
      Lock icon Insolvencies in Europe down 5.3%
      74 7 Knight-Ridder ZURICH European company insolvencies declined by 5.3 per cent in 1994 to 209,080 cases, compared with a climb of 4.7 per cent in 1993 to 220,787 cases, Credit Reform, the Swiss credit monitoring agency said yesterday. However, this masks some serious problems within countries
      Knight-Ridder  -  74 words
    • Article
      Lock icon Reagan-era official indicted
      48 7 AFP WASHINGTON Former US interior secretary James Watt was indicted on Wednesday by the special prosecutor investigating a housing scandal. Watt was charged with perjury, unlawful concealment and obstruction of justice for his role as a housing consultant after he left the Reagan cabinet. AFP
      AFP  -  48 words
    • Article
      Lock icon US farm exports set to hit record
      52 7 Reuter WASHINGTON US farm exports will zoom to a record US$4B.5 billion (5570.5 billion) this fiscal year, US$5 billion higher than the old mark, but farmer income will be little changed from 1994 because of low livestock prices, agriculture department officials forecast on
      Reuter  -  52 words
    • Article
      Lock icon US is world's biggest arms supplier
      69 7 Reuter WASHINGTON The US reported on Wednesday that trade in conventional arms has shrunk by almost 70 per cent in the past decade, but that US firms are now making over half of such sales. A Defence Department study showed the US sold US$lO.B
      Reuter  -  69 words
    • Article
      Lock icon French charges of US spying overshadow election race
      326 7 Reuter PARIS A request by Paris for Washington to recall five Americans accused of spying set off shockwaves in France's presidential election race yesterday. French Foreign Minister Alain Juppe demanded an inquiry into how the news leaked. "I am scandalised that a
      Reuter  -  326 words
    • Article, Illustration
      Lock icon A feat that's no hot air
      73 7 AFP SASKATCHEWAN, Canada Balloonist Steve Fossett (left) signing an autograph as he paused from cleaning up the capsule of his balloon on Wednesday, a day after completing the first solo balloon crossing of the Pacific Ocean. Fossett, 50, and a Chicago stockbroker, also set
      AFP  -  73 words
    • Article
      Lock icon Taxes help US to post budget surplus
      444 7 Collections offset rise in social spending Bloomberg Business News WASHINGTON Quarterly tax collections helped the US Treasury post a January budget surplus even though the pace of spending on social programmes was on the rise. The surplus narrowed to US$l5.ll billion (5521.9 billion)
      Bloomberg Business News  -  444 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      207 7 jfjjjP JH^^B jm _fl B m B jflnm im a M r jff+ Jf ML JH MBal* iir m-> 1 1 mHF MMM ■r* «n| P 1 j^HHEK&-&ln^jflHK *JM HR wT,, fl i^^^Mi&lSK ■faSiL ir ji H rtiiii v dAfl^^^^^nH?yr^vMp^ > <S*RSJ 55? SS? «3S STAGE 2 FIRST RELEASE INNER
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Ad agencies make beeline for Vietnam
      1084 8 The advertising industry Vietnam is booming, and Hanoi is taking measures to rein in its explosive growth ONLY five years ago, advertising was virtually banned by Vietnam's communist government. Promotion was restricted to slapping a sign against a wall or shouting out announcements in
      1,084 words
    • Article
      Samsonite hopes American Tourister will be a hit in Asia
      273 8  -  By Michelle Low Leading us luggage maker Samsonite hopes to tap Asian markets with its relaunched lowerpriced American Tourister line. Samsonite's Singapore distributor, Luggage Distributors, hopes the new line will corner 5 per cent to 10 per cent of the
      273 words
    • Article
      After 2 years, it's still trial and error
      479 8 WITH modern advertising barely two years old in Vietnam, finding the right message to reach consumers is still very much a matter of trial and error. Sony, for example, quickly discovered that the Vietnamese resent being compared to dogs. It caused howls
      479 words
    • Article
      Burson-Marsteller brings firepower to bear on Asia
      197 8 INTERNATIONAL public relations giant BursonMarsteller announced several senior management changes yesterday, in a move that puts more management firepower into its growing markets in Asia. "The changes will focus more senior talent on our growing Asia-Pacific business, especially in developing economies like China
      197 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      60 8 This article is reprinted from the Feb 13 E issue of Business Asia, a fortnightly management report by The Economist Intelligence Unit (Asia) Ltd. FOR THE GENTLEMAN WHO IS COMFORTABLE WITH SUCCESS, WE HAVE JUST THE SHOES. FREE Edmonds Shoe Care every pair •locks b 11 Ht *ttflr SAN FORD
      60 words
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      Page 8 Advertisements Column 2
      95 8 i International advertising agency actively seeking 1 qualified individuals to fill the following positions. 1) ACCOUNT MANAGER (TRAVEL-RELATED) i He/she should possess: 1 at least 3 years experience in a similar capacity diploma/university education i good knowledge of the travel-related business environment. PHI MEDIA BUYER^m i He/she should possess: □at
      95 words
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      Page 8 Advertisements Column 3
      19 8 PORT SHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. Business Times Wf KmmAuA
      19 words
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  • SPORTS
    • Article
      Lock icon Singapore decision good for soccer: KL minister
      442 9 Bernama KUALA LUMPUR Singapore's decision to withdraw from the Malaysian Premier League should be seen as a way of development for soccer in both countries and should not be construed as anything more, Malaysian Minister for Youth and Sports Abdul Ghani Othman said
      Bernama  -  442 words
    • Article, Illustration
      Lock icon US diving legend Louganis says he has Aids
      1024 9 NYT NEW YORK Greg Louganis, the 1984 and 1988 Olympic gold medal diver, who publicly acknowledged his homosexuality at last year's Gay Games in New York, said he has Aids. In an interview with ABC's 20/20 that will be broadcast today, Louganis
      NYT; Reuter  -  1,024 words
    • Article
      Lock icon Experts say virtually impossible to spread Aids virus in water
      242 9 AP LOS ANGELES Olympic great Greg Louganis says he worried about spreading his Aids virus to others during a bloody diving accident in the 1988 Games, but medical experts say it would be virtually impossible to do. 'it's laudable that
      AP  -  242 words
    • Article, Illustration
      Lock icon Couples looks forward to a big year
      620 9 NYT LOS ANGELES He returns to the US golf scene this week like a conquering hero, the highest-rated American player in the world and probably the most popular golfer on the PGA Tour. Ered Couples hasn't played on this side of the Atlantic
      NYT  -  620 words
    • SPORT SHORTS
      • Article, Illustration
        Basketball
        42 9 NEW YORK NBA Wednesday: Charlotte 100 Sacramento 89: New Jersey 94 Indiana 113; Milwaukee 100 Washington 92; San Antonio 105 Phoenix 100; Utah 118 LA Clippers 109; Seattle 120 Minnesota 104: Golden State 89 Portland 107; LA Lakers 112 Philadelphia 100.
        42 words
      • Article
        Golf
        334 9 DAVAO, Philippines L 5549.980 Philippine Open Ist rd Thursday (US unless stated): 66 Kevin Wentworth 69 Robert Pactolerin (Phi). Pedro Martinez (Par), Carlos Espinoza (Mex). Lee Porter 70 Aaron Mccks. Bob May. Steve Flcsch. Todd Barrangcr, Robert Boldt. Lee Lien-fu (Tai), Frankie Minoza (Phi). SYDNEY Canon Challenge Ist rd
        334 words
      • Article, Illustration
        Tennis
        194 9 PHILADELPHIA, Pennsylvania US$7OO,OOO US Indoor Ist rd Wednesday: I-Pete Sampras (US) b Marcclo Filippini (Uru) 4-6 6-4 7-5; Paul Haarhuis (Neth) b MaliVai Washington (US) 3-6 6-4 7-5; Richey Renebcrg (US) b 4-Jacco Eltingh (Neth) 6-4 6-3. 2nd rd: 2Andre Agassi (US) b Jeflf Tarango (US) 6-3 6-4; Brett
        194 words
    • SIDE LINES
      • Article, Illustration
        Lock icon Checking out new set of wheels
        42 9 AFP DIDCOT, Great Britain F1 racing drivers Damon Hill (right) and David Coulthard (centre) with test driver Jean-Christophe Boullion astride the new Williams-Renault FWI7 on Tuesday when the car was unveiled at the Williams factory. AFP
        AFP  -  42 words
      • Article
        Lock icon Marc Pajot scores
        90 9 AFP SAN DIEGO, California Marc Pajot, his backup boat shipwrecked and his America's Cup dream dissolving, discarded the albatross and followed the porpoise to victory over Nippon in a race he had to win on Wednesday. With a strong margin of 2 minutes 17 seconds, it was
        AFP  -  90 words
      • Article
        Lock icon Kevin Mitchell goes to Japan
        34 9 AP RICHMOND, Virginia Kevin Mitchell, the National League's Most Valuable Player in 1989, has decided to play in Japan because of the baseball strike, his agent said on Wednesday.
        AP  -  34 words
      • Article
        Lock icon China to decide on Olympic bid
        141 9 AFP HONGKONG China will decide on June I whether to bid for the 2004 Olympics, Wei Jizhong. general secretary of the Chinese Olympic Committee, said. He also said no retaliatory action would be taken for banning China's controversial swimmers from the Pan Pacific championships
        AFP  -  141 words
    • Article
      Don't write off the Chinese swimmers
      834 9 System of spotting and nurturing sporting talent is sure to produce results LONDON How the mighty have fallen. After their terrific performances in the 1992 Olympics in Barcelona (where they took away four gold and five silver medals), their breaking of four world records
      834 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      826 10 Nothing Beats A Bud. HjcWfl where to wine, dine and entertain F«IWo or IB fi fijjl Efl pg gr^i Ljj Htmtcootad P hila Fratea AbKST "j LDi SaUatari gj g| 10 Varieties of Pasta tjp*j MB SO different sauces v j| IL™ Af>d all-time Italian favourites A I j| antipasti,
      826 words
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      Page 10 Advertisements Column 2
      325 10 CMajomum V H'J.I:TO J *> of 10 persons) cs fV/*- SMO++CBvthJay- Maximum of ™jjg[" Maximum of Tallage C- 15persons) 10 persons) $130++ (Zffl/SF- ("Maximum of a Bpersons) T- g -fJ fij i /or a sory. 7or reservations call ui at 7J***** t*ru*en lOJOamand jjopmtrut 6JIO after fJOfm. LOcJty Thus an
      325 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Monaco has lost its grace and glamour
      723 11  -  The playground of the rich and royal is today attracting only the day-trippers, reports John Follain John Follain Reuter WHEN Grace Kelly played the part of a glamorous princess and gave Monaco sparkle, turning it into a must for the jet set, the
      Reuter  -  723 words
    • Article
      Lock icon A Major launch for UK's largest arts fest
      290 11 Reuter PRIME MINISTER John Major, backed by an all-star cast of actors, authors and playwrights, on Wednesday launched the biggest ever promotion of British arts around the world. Up to 300 festivals all over the country in 1995 are to be promoted
      Reuter  -  290 words
    • Article
      Lock icon Stephen Fry walks out of West End play
      353 11 CHATTERBOX AP AP AP AP BRITISH actor and writer Stephen Fry shocked London's theatre world on Wednesday by walking out of a West End play six days after it opened. "Stephen Fry expressed in a letter to me his great distress at
      AP  -  353 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      256 11 WHERE TO WINE, DINE AND ENTERTAIN (EairrtlftU j&ttafe Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1250+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel 737 4564,734 4956 Fax: 736 1922 Yakmiku GocdrodMHoiti SERVEd AT yOUR TAbIE
      256 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1244 11 Nation, 8.30pm, Ch 5 Mandy Patinkin belongs to an settles on Earth "newcomers". He a cop > iHB*. partnered to James Caan. who |V»4 needs their to a murderer r* who might be Terence Stamp. newcomer business- «\J man and possible drug dealer. '"^?hL New lack City, 11pm, Chs fflJflKS^vMario
      1,244 words
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  • Article
    Tinker, tailor, soldier, car-owner
    506 12 WbD&Qffflmm COME April, a 12-month trial to further fine-tune Singapore's vehicle quota system revs into high gear, banning transfers of ownership of new cars in the first three months after registration, among other measures. This is aimed at curbing double transfers a loophole traders exploited to
    506 words
  • WHAT THE OTHERS SAY
    • Article
      A bill out of this world
      281 12 BY VOTING to cut American payments for United Nations peacekeeping efforts and to give Congress a greater say in the deployment of troops abroad, the Republican majority in the US House of Representatives may have intended to signal withdrawal from global commitments. If so,
      281 words
    • Article
      Correcting misconceptions
      170 12 SINGAPORE is demonstrating agility and nimbleness in adjusting to changing technology and environment by setting up an electronic bulletin board on Internet, the global network of computers, next month to provide information on Singapore. Tentatively called the Singapore Infomap, it will give complete information about Singapore to Internet
      170 words
    • Article
      Practise water rationing
      202 12 THE ISSUE of water supply is linked closely to our survival. We must not focus just on our immediate and short-term needs, but should always be seeking long-term security. We should be concerned about the trend of a 3 per cent increase in the annual consumption of
      202 words
    • Article
      Aim to prevent crime
      155 12 THE 142 per cent jump in the number of white-collar crimes in 1994 compared to 1993 has to be viewed with trepidation because of its potential to cast a noose around the country's monetary system. Having amended the Criminal Procedure Code, (PC) last year to include
      155 words
    • Article
      A threat to national development
      124 12 PRESIDENT SUHARTO'S call for stricter control of the use and ownership of land is nothing new. Officials have made such calls many times before. However, the president's strong comments, reported on Tuesday, seem to indicate that things must have gone too far, or that perhaps
      124 words
    • Article
      Asean can stay optimistic
      146 12 FOREIGN INVESTMENT in Asean economies achieved spectacular rates of growth in 1994, and questions have been raised over the prospects for 1995 and beyond. Things started off on the wrong foot this year with high volatility in the stock markets, real and imagined liquidity problems and
      146 words
  • Article, Illustration
    Lots of fire, but no smoke
    1092 12  -  As the global warming debate heats up, Emily T Smith examines the case for stricter controls on carbon dioxide emissions in the face of inconclusive data Emily T Smith JOHN BSHLAES is on red alert. As executive director of the Global Climate Coalition, a
    1,092 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      239 12 A growing triangle? The Riau islands-Batam,Bintan and Karimun took off with great fanfare five years ago I along with the Growth Triangle. What's the picture now? IH■■ ALSO IN THIS ISSUE: Interest rate hikes: What stocks will hurt? How investors buy stocks, property Japan's painful privatisations House Hunt: Your pulse
      239 words
  • Page 12 Miscellaneous
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  • ANALYSIS
    • Article, Illustration
      Electrifying moves and smart connections
      1245 13  -  Asidn INFRASTRUCTURE In an exclusive interview, Samy Vellu tells S N Vasuki how Malaysia's vital energy and telecommunications sectors have been transformed by privatisation, deregulation and market-opening measures. The minister also shares his vision of an exciting future for his country S N Vasuki SAMY
      1,245 words
    • Article, Illustration
      Telekom's growing pains
      994 13 SAMY VELLU has a dream and that is to position Malaysia as a regional telecommunications hub. "This is not an impossible task because we have installed a nationwide fibre-optic cable network which will enable Malaysia to expand services for the next 30 years without any problem," he
      994 words
    • Article, Illustration
      Protecting Tenaga
      1018 13 TENAGA Nasional is its own worst enemy, says Malaysian energy minister Samy Vellu. But that's one view. Over the last year, there has been growing anxiety within Tenaga that the government is seriously considering privatising two of the most lucrative portions of its business electricity transmission and distribution.
      1,018 words
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  • Article
    Lock icon Greenspan: rate cuts if budget deficit reduction hurts economy
    521 14 AP WASHINGTON Federal Reserve chairman Alan Greenspan indicated yesterday that the central bank stands ready to cut interest rates if the hoped-for budget deficit reduction under the Republican Congress hurts the economy. "It may and 1 use the word may have
    AP  -  521 words
  • Article
    Lock icon Japan's Miti seeks to abolish law banning holding companies
    388 14 AFP TOKYO Japan's top bureaucrat in charge of domestic industry is seeking to abolish a 48-year-old ban on holding companies, adopted during the American occupation to break up large conglomerates. Tomio Tsutsumi, vice-min-ister at the powerful Ministry of International Trade and
    AFP  -  388 words
  • Article, Illustration
    Lock icon Tuning-in to a major market
    79 14 Reuter BRUSSELS An IBM employee making final checks in the Kspace Leopold press room yesterday. Top officials from the Group of Seven nations will gather in Brussels today for a three-day conference, hosted by IBM, on the information society. They will he joined by executives
    Reuter  -  79 words
  • Article
    Lock icon Indonesia plans new agency to implement UN Sea Convention
    308 14 The Straits Times JAKARTA Indonesia announced yesterday that it plans to set up a special agency to handle the implementation of the United Nations Law of the Sea Convention and other aspects of the country's expanded territorial waters. Coordinating Minister for
    The Straits Times  -  308 words
  • Article
    Lock icon Congress Party leads hung assembly in Indian state
    367 14 AFP NEW DELHI Indian premier P V Narasimha Rao's Congress (I) party failed to win elections in a remote eastern state yesterday but claimed the right to form a government after finishing on top of a hung assembly. The Congress won only
    AFP  -  367 words
  • Article
    Lock icon Mitsui subsidiaries in China, S'pore to boost oil sales
    149 14 AFP TOKYO Japan's Mitsui and Co said yesterday it had set up subsidiaries in Singapore and China to boost its sales of crude oil and petroleum products in Asia. The trading firm said that its wholly owned Singapore unit. Mitsui Oil
    AFP  -  149 words
  • Article
    Lock icon US investors spent 46% less on overseas securities last year
    535 14 Bloomberg Business News NEW YORK US investors' purchases of foreign stocks and bonds fell about 46 per cent last year as rising interest rates at home redueed the lure of overseas securities. Overseas investment fell to about U5567 billion (Ss97
    Bloomberg Business News  -  535 words
  • Article, Illustration
    How should Asia react to a Euro-American superbloc?
    648 14  -  The Bottom Line YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is BT's regional analysis editor AMOVE in the West to form a super trade bloc is not getting the attention it deserves. The aim is to unify America and Europe in
    648 words
  • Article
    Lock icon Indonesia launches plan to raise rice output
    229 14 Reuter JAKARTA Indonesia has launched a US$9O million (SSI3O million) emergency programme this year to boost rice output, which in 1994 fell to its lowest level for 22 years. Planning Minister Ginanjar Kartasasmita yesterday said the programme, including repairing and upgrading irrigation in
    Reuter  -  229 words
  • Article
    Lock icon Dip in Aussie housing, investment data allays fears of rate hike
    456 14 Bloomberg Business News SYDNEY Further evidence of a decline in Australia's housing market and weaker-than-expected business investment figures strengthened optimism that the economy is not growing too fast and that interest rates will not rise soon. Australian housing finance
    Bloomberg Business News  -  456 words
  • Page 14 Advertisements
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  • COMPANIES & MARKETS
    • Article
      CPF admits 7 items to trustee stocks list, drops another 7
      386 15  -  By Shiv Taneja SINGAPORE The Central Provident Fund Board has added five mainboard counters, one loan stock, and one unit trust to its list of trustee stocks. It has also deleted one company and six loan stocks from the
      386 words
    • Article
      Keppel's listed Philippine units report healthy full-year results
      338 15  -  By Rahita Elias SINGAPORE Keppel Corp's three listed units in the Philippines yesterday reported a creditable set of figures for 1994. The three units are Keppel Philippines Holdings, Kepphil Shipyard and Cebu Shipyard Engineering Works. For the year to Dec 31, 1994,
      338 words
    • Article, Illustration
      RDC's net earnings down 11% to $5.9m
      350 15  -  By Abdul Hadhi SINGAPORE Construc-tion-based Resources Development Corp (RDC) yesterday reported an 11.1 per cent drop in group net earnings to $5.96 million for the year ended Dec 31, 1994. Group turnover, however, rose 3.8 per cent to $188.94 million. RDC, which was
      350 words
    • Article
      Pearson-TVB link a good move over the long term
      643 15  -  HOCK LOCK SIEW By Lim Soon Neo HONGKONG Finally, after a few frustrating years of courtship, British media conglomerate Pearson pic has got what it desired: a stake in Asia's booming television market through 10 per cent ownership of Television Broadcasts
      643 words
    • Article
      GFA posts 16.3% drop in interim net profit to $2.72m
      295 15  -  By Genevieve Cua SINGAPORE Goodman Fielder Asia Holdings yesterday announced a 16.3 per cent drop in interim net profit to $2.72 million, due to lower earnings from its marketing and distribution business. The group now being taken over by a
      295 words
    • Article
      Lock icon United Bintang shares debut at 83% premium
      170 15 Bloomberg Business News KUALA LUMPUR Shares of heavy equipment distributor United Bintang Bhd yesterday opened at M 53.30 an 83 per cent premium to their M$ 1.80 offer price on their first day of trading on the Kuala Lumpur Stock Exchange. Shareholder Tan
      Bloomberg Business News  -  170 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        51 15 firm Firm Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance. Baring. Credit Lyonnais Securities. Dama. Fraser, GK Goh. Kav Hian. Morgan Grenfell. OngCo. Somura. Phillip. Smith New Court. H I Carr and SG
        51 words
      • Article, Illustration
        HOT STOCK
        109 15  -  -By Paul Leo CAM Mechatronic has found a strong base at 50 cents. It first touched that level on Nov 23 and has since attempted several times to go below it with no success. While the base is firm, it is unlikely to be a spring board for
        109 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          MBf Holdings to have two SES quotes
          65 16 SINGAPORE MBf Holdings Bhd will have two separate quotations on the Stock Exchange of Singapore from Monday. Shares entitled to any final dividend for the financial year ended Dec 31, 1994. will be quoted as "MBf Holdings Bhd". Shares not entitled to any
          65 words
        • Article
          Lock icon Thai Telephone rings in 179m baht profit
          78 16 Bloomberg Business News BANGKOK Thai Telephone Telecommunications said yesterday its net profit last year was 179 million baht (SS 10.43 million), against a loss of 166.5 million baht in 1993. On a per-share basis, earnings were 0.45 baht, compared to a loss of
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Palmco's interim pre-tax up 34.6%
          74 16 Bernama KUALA LUMPUR Palmco Holdings Bhd has reported a 34.6 per cent increase in unaudited group pre-tax profit to MS 15.79 million (558.97 million) for the six months to Dec 31, 1994, from M 511.73 million previously. The results were achieved on a 41.4 per
          Bernama  -  74 words
      • Article
        Untitled
        792 16 Payment Ex Books Pay date close date Avimo 20* F 12.5TE Mar 1 Mar T Apr 15 Aztech 5« b 20TE May II May 16 May 31 Bcrjaya Group I 6 Mar 7 Mar 21 Apr 21 Bcrjaya Ind I 3.5 Mar 7 Mar 21 Apr 19 Bcrjaya Leisure I
        792 words
      • Article
        Share slide forces Wembley to cut issue price of rights
        404 16  -  From Ho Kay Tat in KUALA LUMPUR WEMBLEY Industries Bhd has become another company forced to cut the price of its rights issue because of the slide in share prices. It announced yesterday that it now planned to make a
        404 words
      • Article, Illustration
        Competition will widen M'sian telecoms market
        351 16  -  By S N Vasuki SINGAPORE New competition in the cellular phone and international gateway segments of Malaysia's telecommunications business will further enlarge the market but Telekom Malaysia need not fear an erosion in market share and profitability. Malaysian Energy, Telecommunications and Posts Minister Samy
        351 words
      • Article
        Lock icon Thai publisher Manager plunges deeper into the red
        250 16 Bloomberg Business News BANGKOK Publishing group The Manager pic said its consolidated net loss in the three months ended Dec 31 was 191.2 million baht (SSII million) compared with a loss of 310,000 baht in the same period the previous year. The
        Bloomberg Business News  -  250 words
      • Article
        Lock icon Earnings reports should cheer KL market: analysts
        423 16 MARKET WATCH Rcutcr KUALA LUMPUR Concerns about forthcoming corporate results, which caused the Malaysian stock market to dive earlier this week, may give way to cheers when earnings arc actually announced in coming weeks. Analysts yesterday said Malaysia's listed companies were not expected
        Rcutcr  -  423 words
      • Article
        Hume-led group gets Manila tax perks for water project
        337 16  -  From Al Labita in MANILA THE Philippines yesterday granted incentives to a Malay-sian-led consortium to ensure the viability of its 4.5 billion pesos (SS2SB million) water treatment project. The Board of Investments (BOI) incentives were given to Philippines-Malaysia Water Consortium Inc.
        337 words
      • Article
        Lock icon Manila telecom firm welcomes court ruling
        282 16 Reuter MANILA Eastern Telecommunications Philippines Inc (ETPI) welcomed on Wednesday a Philippine Supreme Court decision upholding its right to a lucrative foothold in the country's booming telecommunications sector. "We are thankful to the Supreme Court. This is very good news," said Antonio Urera, president
        Reuter  -  282 words
      • Article
        Lock icon Siam Cement's consolidated net profit up 53%
        249 16 Bloomberg Business News BANGKOK Siam Cement pic said on Wednesday consolidated net profit last year was 5.39 billion baht (SS3I2 million), up 53 per cent from the previous year's 3.53 billion baht. On a per-share basis, group earnings were 45.06 baht, compared with
        Bloomberg Business News  -  249 words
      • Article
        Lock icon Vinythai share price jumps 33% on first day of trading
        257 16 Bloomberg Business News BANGKOK Shares of Vinythai pic, one of two domestic producers of polyvinyl chloride. rose to 46.5 baht in their first trading day on the Stock Exchange of Thailand. That price represents a 32.9 per cent premium over
        Bloomberg Business News  -  257 words
      • Article
        Lock icon Siam Tyre's 4th qtr profit down 67% to 40.6m baht
        191 16 Bloomberg Business News BANGKOK Siam Tyre pic. the second largest domestic producer of tyres, said its consolidated net profit in the final quarter of 1994 was 40.6 million baht (552.4 million), a decline of 67 per cent from the comparative
        Bloomberg Business News  -  191 words
      • Article
        Lock icon HK exchange officials urge China firms to be more open
        343 18 Bloomberg Business News HONGKONG In the wake of a scandal involving China's Shougang Corp, executives from the Hongkong Stock Exchange are urging mainland companies for quicker and more detailed disclosure. "You cannot hide behind the facade of a state-owned enterprise
        Bloomberg Business News  -  343 words
      • Article, Illustration
        Lock icon The first multimedia still camera
        68 18 Reuter TOKYO A new digital still camera DC-1, developed by Ricoh {he world s lirs! &<WWMI!Wj multimedia camera, is seen at its headquarters here yesterday. The camera, which can also record and reproduce moving scenes with sound, weighs 255 grams and is designed for today's
        Reuter  -  68 words
      • Article
        Lock icon HK and Shanghai Hotels profit up 23%
        540 18 Bloomberg Business News HONGKONG Luxury hotel and real estate group Hongkong and Shanghai Hotels said its net profit climbed 23 per cent in 1994 on the back of a leap in earnings from a prestigious apartment and shopping complex. The group, which gets
        Bloomberg Business News  -  540 words
      • Article
        Lock icon Hang Seng Index to get 3 new companies
        98 18 Bloomberg Business News HONGKONG Shangri-La Asia Ltd, Sino Land Co and South China Morning Post (Holdings) Ltd will join the Hang Seng Index of benchmark stocks from Feb 28. said HSI Service Ltd, which compiles the index. The three companies will become
        Bloomberg Business News  -  98 words
      • Article
        Lock icon Cheung Kong expects news on Oriental Plaza soon
        298 18 AFP HONGKONG Cheung Kong Holdings Ltd expects news shortly on the future of its Oriental Plaza development in Beijing, deputy managing director Albert Chow said on Wednesday. Oriental Plaza, a stone's throw from Tiananmen Square and the Forbidden City, has been stalled
        AFP  -  298 words
      • Article
        Lock icon Bestform pays 100% premium for Top Form shares
        206 18 Bloomberg Business News HONGKONG Lingerie maker Bestform Foundations Inc, a private US company, paid twice the market price when it acquired 9.88 per cent of Hongkong lingerie manufacturer Top Form International Ltd, Top Form announced. The companies announced the transaction on Wednesday,
        Bloomberg Business News  -  206 words
      • Article
        Lock icon Foul play in bond trading, says Shanghai bourse
        196 18 Reuter SHANGHAI The Shanghai Stock Exchange said there had been "rule violations" in yesterday's trading in a key treasury bill. Violations had occurred during the last 10 minutes of trading in contract F*****, the futures contract on the June 1992 three-year treasury
        Reuter  -  196 words
      • Article
        Lock icon Hongkong & China Gas expected to unveil 19% income rise today
        420 18 Hongkong China Gas expected to unveil 19% income rise today Bloomberg Business News HONGKONG Hongkong China Gas Co, straining to expand into China, relied on its main Hongkong gas utility to boost profit in 1994 and will again this year, analysts and executives said. The territory's dominant gas supplier for
        Bloomberg Business News  -  420 words
      • COMPANY BRIEFS
        • Article
          Lock icon India, Netherlands sprouting venture
          56 18 Bernama NEW DELHI The world's largest potato marketing company, Agrico of the Netherlands, is setting up a joint venture in India with Calcutta-based Quality Tea Plantations Pte Ltd. The proposed joint venture company, with 50:50 equity participation, will be the first one of Agrico's kind in
          Bernama  -  56 words
        • Article, Illustration
          Lock icon L'Oreal man named Nazi collaborator
          56 18 AFP NEW YORK Serge Klarsfeld, world renowned Nazi hunter, checking his notes before a press conference naming Andre Bettencourt, controlling shareholder of L'Oreal cosmetics, as a Nazi collaborator in Vichny France in the *****. Mr Klarsfeld announced that the US Office of Special Investigations will
          AFP  -  56 words
        • Article
          Lock icon Aussie firm wins Shanghai job
          83 18 AFP MELBOURNE An Australian company said yesterday it had won a As3so million (***** million) contract to build China's first monorail link in Shanghai. Monotraction Pty Ltd said the contract involved the design, construction and operation of a 13-km monorail link between the districts of
          AFP  -  83 words
        • Article
          Lock icon ICL, Bell merge European services
          61 18 Bloomberg Business News LONDON ICL, a British computing company, and Bell Atlantic Corp arc merging their European network services businesses into a new company, ICL Sort>us. ICL, a unit of Fujitsu Ltd of Japan, will manage the merged businesses, which will have revenue of more
          Bloomberg Business News  -  61 words
        • Article
          Lock icon ATT, Quadral end talks on Bull
          92 18 AFP PARIS US group ATT and France's Quadral Group yesterday announced that they were putting "an end to the talks" they had carried on with French authorities in connection with the planned privatisation of French computer group Bull. ATT and Quadral had contemplated the
          AFP  -  92 words
        • Article
          Lock icon President's profits down 8.6%
          76 18 Bloomberg Business News TAIPEI President Enterprises Corp, Taiwan's largest food company, yesterday said pre-tax profit declined 8.6 per cent in January from a year earlier to NTSI94 million (5510.7 million) on rising costs. The Commercial Times said prices for packaging materials such as aluminum cans and
          Bloomberg Business News  -  76 words
      • Article
        Lock icon Duty forced Wellcome Trust to accept Glaxo's £9b offer
        376 19 Reuter LONDON The Wellcome Trust, 39.5-per cent shareholder in Wellcome pic, had no choice but to accept Glaxo pic's £9 billion (Ss2o billion) bid for the company. "We were told (by our advisers) we would be behaving illegally if we did
        Reuter  -  376 words
      • Article
        Lock icon Trafalgar raises bid for Northern Electric to £11
        296 19 Bloomberg Business News LONDON Trafalgar House pic raised its cash offer for the UK utility Northern Electric pic to 1,100 pence (5525.30) a share from 1,048 p, an increase that was less than expected and sent electricity stocks tumbling. Trafalgar increased its
        Bloomberg Business News  -  296 words
      • Article
        Lock icon Sony challenges rivals in brave gamble over video disc format
        455 19 AFP, Bloomberg Business News TOKYO Sony Corp said yesterday that it had "no plans" to join a rival video disc alliance led by Toshiba Corp, opting instead to push its own system, developed jointly with Philips Electronics NV of the
        AFP,; Bloomberg Business News  -  455 words
      • Article
        Lock icon W Australia to explore options for state bank
        263 19 Reuter PERTH The Western Australian government will formally investigate alternative options to a public float of the state-owned bank, Bank West, Premier Richard Court said yesterday. Mr Court said the board of Bank West had advised the government to consider other options,
        Reuter  -  263 words
      • Article
        Lock icon Takeover of Paramount boosts Viacom's profit
        356 19 Reuter NEW YORK Entertainment giant Viacom Inc on Wednesday reported higher profit, largely reflecting its acquisition of Paramount Communications Inc and Blockbuster Entertainment, and the popularity of its MTV Networks. Earnings from continuing operations in the fourth quarter were US$3O6 million (***** million), compared
        Reuter  -  356 words
      • Article, Illustration
        Lock icon A firm is born
        63 19 Reuter LONDON Derek Bonham (left), deputy chairman and chief executive of Hanson pic, and David Clarke, deputy chairman and chief executive officer of Hanson Industries, announcing a proposal to demerge 34 non-core Hanson Industries businesses, through a new company US Industries on Wednesday. Application will be
        Reuter  -  63 words
      • Article
        Lock icon Black's Hollinger plans major reorganisation
        506 19 Reuter TORONTO Conrad Black s Hollinger inc said it plans a major reorganisation which could involve the transfer of its stakes in Telegraph pic and Southam Inc to its American Publishing Co unit. It it goes ahead, American Publishing could make an equity issue, Hollinger
        Reuter  -  506 words
      • Article
        Lock icon Renison bids A$440m for Aussie gold miner
        426 19 Reuter SYDNEY Australian resources firm Renison Goldfields Consolidated announced plans yesterday to become one of the country's biggest goldminers with an As44o million (***** million) bid for Pancontinental Mining. The bid confirmed speculation over the past week that Renison, 40 per cent owned
        Reuter  -  426 words
      • Article
        Lock icon Warm weather limits British Gas' annual profit to £737m
        322 19 Reuter LONDON British Gas pic, one of the world's largest gas companies, reported a return to annual profit yesterday but said warmer than average weather had limited its earnings last year. The company, under fire for high payments to executives while
        Reuter  -  322 words
    • FINANCE & COMMODITIES
      • Article
        Sicom meets Japan's growing need for commodity hedge
        308 20  -  By Paul Leo THE Singapore Commodity Exchange (Sicom) will serve the needs of Japan as the latter is a major user and consumer of agricultural commodities and industrial raw materials such as non-ferrous metals. Singapore's Trade Development Board deputy chief executive officer
        308 words
      • Article, Illustration
        Lock icon Oil inferno
        54 20 AFP AMALAPURAM, India Fireflghters tending the blaze of an oil well of the state-run Oil and Natural Gas Commission on Wednesday in southern Andhra Pradesh state. India has sought the help of legendary American firefighter Red Adair to extinguish the inferno which has been raging for a month
        AFP  -  54 words
      • Article
        Lock icon China needs up to 50m tonnes of oil imports
        225 20 Bloomberg Business News BEIJING China will need to import up to 50 million tonnes of oil a year by the end of the century if current production and consumption trends are maintained, a US oil executive said here on Wednesday. Ross
        Bloomberg Business News  -  225 words
      • Article
        Kobe quake adds to steel price woes
        188 20 SINGAPORE Higher steel priccs are on the cards for Asia as a perennial shortage is worsened by an increased uptake from Japan because of the Kobe earthquake, industry analysts said on Wednesday. "Demand for constructionrelated steel will rise sharply because of massive rebuilding
        188 words
      • Article
        Lock icon Bank of Boston plans to stay independent
        299 20 Bloomberg Business News BOSTON Bank of Boston Corp said it plans to remain independent following the planned US$3.7 billion (555.4 billion) acquisition of Shawmut National Corp by Fleet Financial Group Inc. The Boston-based banking company said it plans to boost revenue by increasing
        Bloomberg Business News  -  299 words
      • Article
        Lock icon Australian bonds rally after Fed's comments on US rates
        560 20 Bloomberg Business News SYDNEY Australian bonds surged to four-month highs, fuelled by rallying US Treasuries after the Federal Reserve signalled that US interest rates may have been increased enough to control inflation. Three-year bonds due August 1998 rose A 54.67 per
        Bloomberg Business News  -  560 words
      • Article
        Lock icon Salomon, Bankers Trust to retail mutual funds
        349 20 Bloomberg Business News NEW YORK Salomon Brothers lnc and Bankers Trust New York Corp said they each planned to sell mutual funds to individuals, reflecting the growing allure on Wall Street of businesses that generate steady fees. The moves are a departure for
        Bloomberg Business News  -  349 words
      • Article
        Lock icon Kuwait embarks on expansion, eyes Asia
        333 20 ENERGY REPORT Reuter KUWAIT Four years after Iraq torched its oil wells, Kuwait has largely restored the giant desert fields and is expanding to boost its role in world oil's big league. The small Gulf oil state occupied by Iraq in 1990-91 plans to
        Reuter  -  333 words
      • Article
        Lock icon .
        89 20 AFP NEW YORK The dollar stabilised against major currencies here early yesterday in active trading, getting a boost from profit taking on crosstrading in German marks. At 1505 GMT. the dollar was trading at 1.4710 marks down from 1.4712 late Wednesday and 96.75 yen down from 97.00. In London, it
        AFP  -  89 words
      • Article
        Lock icon Currency Reports:London
        196 20 Reuter LONDON The dollar was little changed near 28-month lows against the mark as traders awaited Federal Reserve chairman Alan Greenspan's second day of Congressional testimony. His comments to the Senate Banking Committee on Wednesday stoked speculation that US interest rates are near their peak and could even
        Reuter  -  196 words
      • Article, Illustration
        Untitled
        1441 20 rode »rtfhied index cokukued a tarns! S'panr's top 14 trading partners Base year IVtf US$/S$ forward rites Noon /Feb 23 ss BM Oder 1-month I.449S 1 .4510 2-month I MM ***** J-month 1.4423 1.44)8 6-month 1.4)42 1 4362 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9aa M F«k 23
        1,441 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end mixed, Euroyen surge
        1423 21 Reuter SINGAPORE Simex Eurodollar futures ended mixed after early euphoria that US interest rates might have stopped rising, while Euroyen futures surged as Tokyo shares were clobbered again. An early rally was fuelled in the Eurodollar market after Federal Reserve Board chairman Alan Greenspan's testimony
        Reuter  -  1,423 words
      • Article
        Tokyo rubber ends at daily limit up
        668 21 COMMODITY REPORTS Rubber TOKYO: Rubber futures surged by the daily seven yen/kg limit at the close on active short-cov-ering and speculative buying. The April to July contracts soared by the seven yen limit, while spot March ended 6.9 higher. Newly listed benchmark August
        668 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Thai corn exports down sharply
          48 21 BANGKOK Thai corn exports totalled 17,488.35 tonnes in January, down sharply from 41,962 tonnes in December 1994, Thai Board of Trade figures showed. But exports were up from a year earlier, according to the figures provided by international surveyor Overseas Merchandise Inspection Co.
          48 words
        • Article
          Indon coffee exports to fall 67%
          66 21 SINGAPORE Indonesian robusta coffee exports in Jan-Mar are expected to fall 67 per cent compared with a year earlier, the Bisnis Indonesia newspaper said yesterday. The Association of Indonesian Coffee Exporters said exports during the first quarter of this year could reach only 14,000
          66 words
        • Article
          Japan's copper products up 13.5%
          105 21 TOKYO Japan's production of rolled copper products and copper alloys totalled a preliminary 94.010 tonnes in January, up 13.5 per cent fron actual production a year before, according to report released yesterday by the Japan Brass Mak ers Association. But that level is down from
          105 words
        • Article
          Exporters dominate India coffee auction
          90 21 BANGALORE Exporters dominated the Coffet Board of India's auction on Wednesday, buying 75 per cent of the 970 tonnes sold. The buying wa; higher than seen at the previous auction two week ago. Many feel the Wednesday auction could be tht last held by the
          90 words
    • Article
      COMMODITY PRICES
      1391 21 Rubber Feb 23 Stagaport Commodity Exchange Physical Prteot (futures dull as at S.30pai) i_j_i XxEui As at 12 mm (S cents/kg) RSS 1 Cantract (S cents/kg) r v Jj— RSS 2 Mar 95 252.50 253.50N Month High Low s£ (tonncT) InRSS 3 Mar 95 251.50 252.50N RSS 4
      1,391 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1031 22 13.9 SHARES rallied yesterday, after an early boost from firmer gold prices and Wall Street was complemented by a strong futures market, brokers said. The All Ordinaries Index finished at 1,893.5 points, up 13.9. The All Industrials Index climbed 22.3 to 2,837.3 while the All Resources Index lifted 7.5
        1,031 words
      • Article
        Manila
        657 22 +0.09 Listless performances marked yesterday's trading at the Philippine bourse for the second straight day, analysts said, as the index moved sideways. The PSE Index crawled up 0.09 to 2,598.23 points. Turnover was 2.04 billion shares valued at 791.9 billion pesos. Dealers said the bourse's poor show was due
        657 words
      • Article
        Seoul
        469 22 -11.63 Stocks fell as underlying uncertainty about the market future eroded early gains. The Composite Price Index slid 11.63 points to 907.85 in roller-coaster trading. Turnover remained slim with 19.37 million shares valued at 361.1 billion won. Falls swamped rises 664 to 124, and another 58 counters*ended unchanged. As
        469 words
      • Article
        Taipei
        572 22 -50.93 Share prices fell 50.93 points to settle at 6.552.95 in thin trading with all eight major categories suffering losses. The 423-issue bourse opened low and fluctuated to the day's low amid selling pressure led by institutional investors fearing government money-tightening moves. Turnover shrank with 907.5 million shares worth
        572 words
      • Article
        New Zealand
        274 22 -0.84 Shares were little changed, reflecting uncertainty about whether global interest rates have peaked and the degree to which current high rates may hurt corporate earnings. Forestry and energy group Fletcher Challenge L.td was steady, despite reporting slightly better than expected earnings on Wednesday. The NZSE-40 Capital Index
        274 words
      • Article
        Bombay
        127 22 126.61 The 30-share BSE Index, reversing a prolonged downturn, closed 126.61 points, or 3.9 per cent, higher at 3.359.92 on renewed buying interest. The composite 100-share National Index rose 47.70 to 1,619.29. Brokers said the market rose after the Securities and Exchange Board of India (Sebi) said it would
        127 words
    • WORLD STOCK MARKETS
      • Article
        London
        749 22 -1-29.8 STOCKS staged their biggest advance since Dec 16, led by banking and drug stocks, amid signs that US interest rates have reached their peak. Plans by industrial conglomerate Hanson to look for acquisitions after it spins off 34 US businesses with annual revenue of about US$3 billion also
        749 words
      • Article
        Paris
        158 22 +22.64 Erench shares ended higher in a technical reaction to earlier losses that was helped by Wall Street, where the Dow broke through the 4.000 barrier. But the weakness of the dollar and French domestic political uncertainties kept most foreign investors at the sidelines. "After falling below the 1.800
        158 words
      • Article
        Frankfurt
        195 22 +28.16 German shares ended steady at higher levels, supported by strong bond markets. Dealers said more orders were needed to break through new resistance levels at 2.145. Gains were seen capped around current levels, partly because of the looming IG Mctall strike that worried the market. A short-duration strike
        195 words
      • Article
        Brussels
        172 22 +5.38 Belgian stocks rose, ending a five-day decline, with lower bond yields making returns on stocks look more attractive and increasing the value of bank and insurance assets. Bonds account for about a third of the value of Belgian bank assets and about 45 per cent of insurers' assets,
        172 words
      • Article
        Milan
        171 22 Italian shares dipped from session highs after the minibudget was unveiled, worried by Prime Minister Lamberto Dini saying he might use a confidence vote to get package through. "He's digging his own grave," one dealer said. The Mibtel Index fell 119 points to 10,021. Mr Dini said his minibudget
        171 words
      • Article
        Amsterdam
        276 22 +3.00 The surge in the Dow to a new high above the 4,000point level gave Dutch shares a late boost and helped the AEX Index close just below the day's peak, but concerns over the dollar's weakness continued to cap the upside. A small recover in the dollar and
        276 words
      • Article
        Stockholm
        99 22 -5.09 Swedish stocks fell as disappointment on drugmakcr Astra's 1994 earnings report offset optimism on SKFs change of chief executive and a fall in bond yields. The benchmark OMX Index fell 5.09 points to 1,162.15, recovering from an earlier three-week low of 1157.57. Eleven shares fell, seven were unchanged
        99 words
      • Article
        Zurich
        248 22 +22.1 Swiss stocks rose as a stronger dollar and good earnings prospects boosted Roche Holding and investors sought Union Bank of Switzerland ahead of today's 1994 earnings report. Other banking shares also gained after slipping on Wednesday," buoyed by hopes that US interest rates were close to a peak.
        248 words
      • Article
        Toronto
        268 22 +20.30 Stocks rose early along with a rally on Wall Street, but Canadian volumes are light as market players await Monday's federal budget. The TSE-300 Composite Index rose 20.3 points to 4,141.40 on volume of 10.7 million shares valued at C 5163.00 million. Advancing stocks outpaced declines 191 to
        268 words
      • Article
        New York
        720 22 36.00 The Dow Jones Industrial Average rose to crack 4.000 in early trading yesterday, propelled by enthusiasm about the direction of the American economy and a strong bond market. The blue chip index moved just above 4.000 in the first 30 minutes of trading. At 1 lam EST,
        720 words
      • Article
        Untitled
        940 22 Britannia Funds Sterling Cask Bid Offer MimCaprVpout 3*6400 3* 6500 Mien J«*> Oik 01*93 0 1992 Mim Mai Income .***** 0 9400 l S$ Cask Income Plus Fund *9 4500 *9 9600 PS S Revise I und 5-W00 5 4100 S4crliag fruits Euro Performance ***** 049)* Far Fas Fund *2
        940 words
    • Article, Illustration
      Lock icon HONGKONG
      3057 23 Bloomberg Business News HONGKONG Stocks rose, led by international bank HSBC Moldings, amid optimism corporate earnings will grow briskly as interest rates peak. HSBC led the Hang Seng Index higher after Federal Reserve chairman Alan Greenspan told Congress on Wednesday that the US economy was slowing and interest rates
      Bloomberg Business News; Source: Bridge Info  -  3,057 words
    • Article, Illustration
      Lock icon CHINA
      591 23 CLSA HONGKONG H shares remained subdued on lacklustre turnover of HKSSB million, edging up 0.7 per cent, as most counters moved within a 3 per cent band. Trading was dominated by Maanshan Steel (+0.7 per cent) and Shanghai Petrochem (+l.l per cent). Hai Xing gained 2.2 per cent following
      CLSA  -  591 words
    • Article, Illustration
      Lock icon TOKYO
      2560 23 Bloomberg Business News TOKYO Stocks fell yesterday amid concerns over the strength of the yen and the health of Japan's economy, with the benchmark index of prices falling 3 per cent to a 13-month low before rebounding in the afternoon. Traders said a lack of confidence in the strength
      Bloomberg Business News; Source: Bridge Info  -  2,560 words
    • Article, Illustration
      Lock icon BANGKOK
      1782 23 Reuter BANGKOK Stocks closed higher on late buying of blue chips led by telecommunications and banking counters after the Bank of Thailand reported only a slight drop in foreign reserves for January. The SET Index closed up 11.19 points at 1.277.14 with 101.1 million shares worth 6.48 billion baht
      Reuter; Source: Bridge Info  -  1,782 words
    • Article, Illustration
      Lock icon JAKARTA
      1174 23 Reuter JAKARTA Share prices closed mixed in slow trade on a lack of fresh leads, with players appearing to focus on the property, textile and industry sectors. •'Sekar Bumi rose 150 rupiah, or 5.6 per cent, to 2,825 rupiah on grounds that it is still undervalued," one broker said.
      Reuter; Source: Bridge Info  -  1,174 words
    • Article
      CLOB INTERNATIONAL
      2440 24 Or Or 1994/95 Last Vol Day Last Qaolt Di« LM> VU NH M Cm Hith Low Company Salt 000) Ht|h Low Buyer Seller Or S P'K Smll MALAYSIAN STOCKS 39* 73 m A1S8 50C* 108 3* 630 >08 27* 308 310 30 -2.9 03 316 20* 77.3 in
      2,440 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares up on optimism over world interest rates
        6798 24 Bloomberg Business News KUALA LUMPUR Stocks rose as optimism about stabilising world interest rates brought foreign investors into the market, raising bids on blue chips. Large-capitalisation stocks like Telekom Malaysia, the dominant telephone utility, and Maybank, the nation's largest bank, led the
        Bloomberg Business News; Source: Bridge Info  -  6,798 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8702 25 I M*" B0ARD Cr Cr M \\i 1994/95 lM Vol Day last Quote Div Di. Yld N.I Cap A>| High Low torop.il> Sot* (D00) High loo Ba)rr Seller S Of S P I Smil Price INDUSTRIAL AND COMMERCIAL 7 -0» 388 ml s Acma 50c 424 unch 39 426 424
        8,702 words
      • Article, Illustration
        Lock icon Investors brush aside DC bankruptcy worries
        1888 26  -  By R Sivanithy SINGAPORE Reassuring signals from the US led to a rebound in the local stock market yesterday, as investors brushed aside concerns surrounding the US District of Columbia going bankrupt. The Straits Times Industrials Index rose steadily throughout the day and. despite
        Charts by Bridge Info; Source: Bloomberg  -  1,888 words
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      395 15 NEWS VALUE Marina Centre set to rival Raffles Place-Shenton Way^ 1) Initial impact on office rents in CDB not likely to be significant. Nikkei dives 540 pts before making partial recovery (pg I) Downside should be quite limited from here. CPF admits 7 items to trustee stocks list, drops another
      395 words
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      354 16 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX.74I-1298 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF HAPPY VIEW VIDEO PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company held at 257 Setegie Road 15-279/281. Selegie Complex, Singapore 0718
      354 words
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      Page 16 Advertisements Column 2
      8 16 An exclusive interview with Samy Vellu, Pg 13
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      556 17 Astronomical cost has kept the future of personal communications up in the air. T 7A "1"| "I Today's market is clamoring for Y y I truly portable, global personal comJ munications. But the costs of such a 1 1 system costs that ultimately kn-|YXi "irf 4- come out of the
      556 words
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      88 18 Asia's corporate giants Maybank goes regional Malayan Banking has two objectives in the 90s. Protect its lucrative home-base as competition hots up in the domestic market. And become a major regional player. A challenge enough to give sleepless nights for senior executives of Malaysia's best managed bank. In an exclusive
      88 words
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      Page 18 Advertisements Column 2
      138 18 Visit The Most IQFFICEI Comprehensive DanßfflEßßElHl Office ;vh^b Exhibition In Asia. A must for architects, interior designers, wholesalers, retailers and others in the furnishing trade. Office International (Ol) '95 is the only office furniture exhibition V JP in the Asian region devoted wholly to office furniture, systems and m m
      138 words
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      390 19 MFSline An SPH AudioTex Service In English Number Your Daily Stars 8450 The Pisces Woman Entertainment News 8451 New: The Latest In Music Scene Ghost Stories 8452 Eye Movements; Win Prizes! Children's Funland 8453 Oh! Suzanna... Face Facts 8454 Princess Diana Dreamland 8455 The Lights Go Down; Fandi Ahmad A
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      162 21 U.S. $2,000,000,000 The Republic of Argentina Euro Medium-Term Note Programme Series No. 07 U.S. $100^)00^)00 Floating Rate "Dragon Bonds" Due 1997 In accordance with the provisions of the Notes, notice is hereby given that for the Interest Period from February 22, 1995 to May 22, 1995 the Notes will carry
      162 words
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      Page 21 Advertisements Column 2
      39 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. I Call 1800- j/tfNn to place a If <sY I quick- I I acting ad. CAT S -1 ...J
      39 words
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      32 22 i 1 ggggy— i mf t MBB fMMW, T ~1 THE Reverso DUO. ygffipj impeccable Craftsmanship m IS j| l|H |pj| 12 H'-!2 WHICHEVER WAY YOU LOOK AT IT. V 3 Reverso
      32 words
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      142 23 Collection Non-reflecting sapphire glass. 4 I Abov.A B«yond Pt« Ltd 1 Maritime Squar* »2101 Expo Gateway Td *****42 Corttna Watch Cantra Pt*^td«ol- lt»m« City Shopping Ontnr Td 33W185. Ml-32 Lucky Ptaaa Td 235U0M Dflu EMm WMdi Pta Lid RMS/ L 2DOn»repo«*Td *****36 )»w.tl.ry IndtMtri*. (SI PM Ud 44 Alexandra Tarrace
      142 words
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      200 26 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF FV TRADING PTE LTD (In Voluntary Liquidation) Notice or Final Meeting NOTICE IS HEREBY GIVEN pursuant to Section 308 of tna Companies Act. Cap. SO that the Final Meeting of the members of the abovenamed
      200 words
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      418 26 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF GROUP STATIONERS PTE LTD (In Members' Voluntary Winding Up) NOTICE OF MEETING OF CREDITORS NOTICE IS HEREBY GIVEN that pursuant to Section 295(1) of the Companies Act. a meeting of the creditors of the abovenamed company
      418 words
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      Page 26 Advertisements Column 3
      171 26 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND In the Matter of HAPPY VIEW VIDEO PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN that the Creditors of the abovenamed Company, which Is being voluntarily woundup, are required, on or before the 25th March 1995
      171 words
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      Page 26 Advertisements Column 4
      295 26 NOTICE OF CREDITORS' MEETING IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding up No. 242 of 1992 In The Matter of The Companies Act, Cap 50 And In The Matter of Peacock Machinery Pte Ltd Notice is hereby given that the meeting of creditors in the above
      295 words
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      Page 26 Advertisements Column 5
      189 26 INERRI TELECOMMUNICATIONS This is to inform you that ABB Nera Norway has demerged from ABB and is B now a listed Company on the Stock Exchange in Norway. I I NOTICE OF CHANGE OF COMPANY NAME I I In connection with the above, please be informed that our two following
      189 words
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  • Shipping Times
    • Article
      Sembawang Corp ties up with Cosco for container depot project
      356 27  -  By Rahita Elias SINGAPORE Two Asian marine giants Sembawang Corp and China Ocean Shipping Co (Cosco) have teamed up to build and run a container depot and freight station near Shanghai. The partners in the project are Cosco Shanghai and
      356 words
    • Article
      Lock icon Thai owners can't buy seized boats back: KL
      223 27 AP KUALA LUMPUR Malaysia will no longer allow the owners of Thai fishing vessels seized for crossing into Malaysian waters to buy back their boats. Suiaiman Abu Bakar, of the Fisheries Department, said here on Wednesday that the decision was taken after
      AP  -  223 words
    • Article
      Lock icon Ferry firm cancels sailings after blockade threat
      115 27 Reuter LONDON French ferry company Brittany Ferries cancelled all sailings between Brittin and France for 48 hours from midnight on Wednesday after French seamen threatened to blockade Channel ports, the BBC said yesterday. The French seamen's union k objecting to the use of
      Reuter  -  115 words
    • Article
      Lock icon British ship arrives to take on nuclear waste for Japan
      127 27 AFP CHERBOURG, France The British cargo vessel Pacific Pintail docked here yesterday to begin taking on 15 tonnes of nuclear waste for a voyage to Japan, witnesses said. The vessel was met by the Moby Dick, a boat belonging to
      AFP  -  127 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1039 27 Page Col ABC Containerize 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Line 12 1 JAhrcnkiel Liner 4 1/2 •ANL 3 4/5 Antaco Mgmt 17 3 •APL 18 1/2 •Appenship 4 4/5 Arabian Express 15 4 •ASCL 5 5 Astro
      1,039 words
    • Article, Illustration
      Lock icon Star Cruise plans US$783m investment
      367 27 AP, Bernama KUALA LUMPUR Star Cruise Pvt Ltd plans to invest US$7B3 million (SSl.l billion) in new ships, a terminal and other facilities, its chairman Lim Kok Thay said on Wednesday. The line, which now has five cruise ships, hopes to have eight or more
      AP,; Bernama; Reuter  -  367 words
    • Article
      DAILY FREIGHTS
      1196 28 SPOT tanker rates for 80,000tonne vessels loading in the North Sea slipped marginally from previous day's levels despite a pickup in chartering. Meanwhile, rates in most other major lifting areas were little-changed but relatively weak as sluggish refiner demand for crude oil in both the Europe and US
      1,196 words
    • Article
      TRANSPORT DIARY
      603 28 COURSES Title: Principles of Shipping Operations and Practices (SDF 70%) Duration: Mar 7 Apr 21 Organiser: Singapore National Shipping Association Tel: For further details and application forms contact SNSA Secretariat at 278-3464 or fax: 274-5079. Title: Effective Written Communication in Shipping Management (SDF 50%) Duration: Mar 7 May
      603 words
    • Article, Illustration
      Lock icon Providing emergency response service
      1141 29  -  Jim Mulrenan on the P&I club correspondent, the person most shipmasters turn to when they are in difficulty in some distant or hostile location Jim Mulrenan Lloyd's List FROM Adelaide to Acajutla, Zeebrugge to Ziguinchor, there are few significant ports anywhere in the world where a
      Lloyd's List  -  1,141 words
    • Article
      THE SHIPPING GUIDE
      13489 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      13,489 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        546 39 Voy No Both Arrival Pgariwt Ve«d Voy Wo 9m* Vm»l Pggjjw JWOIIg Ptrt u ta lay< 126/96 P02 24 02/0800 2402/1100 A« P«g 2 STA02 118/19 2402/1900 2/02,0800 Kakmantan I A6/95 P03 2402/1530 24 02/2300 Balarr Mali N181 12/3 2402/0900 2402/2300 Insure VWd 202A <P) P02 2402/1500
        546 words
      • Article
        CONTAINER SCHEDULES
        1387 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bookinj/Balance Rslts Ship Voy No Etb/Btr Period From To From Aa Dasy 0628 24/2359 W 23/1500 23/1659 23/1900 IB 23/1500 23/1659 23/1900 28 23/1700 24/0659 24/0900 3 24/0/00 24/1159 24/1400 Ho
        1,387 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Air Canada expects operating profit to rise 20% this year
        379 46 Reuter MONTREAL Air Canada's operating profit in 1995 will be at least 20 per cent higher than the C 5244 million (*****.3 million) posted in 1994, said Hollis Harris, the company's chairman, president and chief executive. In a telephone interview
        Reuter  -  379 words
      • Article
        Lock icon Moody's raises Ford's Associates debt ratings to AA3
        186 46 Bloomberg Business News NEW YORK Ford Motor Co's Associates Corp of North America senior debt ratings were raised one notch to AA3 by Moody's Investors Service, based on the company's strong earnings outlook and financial stability. About US$2O billion (Ss29 billion) worth
        Bloomberg Business News  -  186 words
      • Article
        Lock icon Denver sues Continental Air over alleged breach of lease
        456 46 Bloomberg Business News DENVER The city and county of Denver has filed a lawsuit against Continental Airlines Inc alleging that the Houston-based carrier violated the terms of its lease at Denver International Airport. The carrier and city aviation officials had been
        Bloomberg Business News  -  456 words
      • Article
        Lock icon Saab-Scania to be split into two companies
        209 46 Bloomberg Business News LINKOEPING, Sweden Sweden's Saab-Scania AB said on Wednesday that the company will be split into two separate firms: a truck and bus producer and an aeroplane manufacturer. The two companies Scania AB and Saab AB will each be fully held
        Bloomberg Business News  -  209 words
      • Article, Illustration
        Lock icon US safety board urges upgrading of flight recorders
        255 46 AP WASHINGTON The United States National Transportation Safety Board on Wednesday recommended that flight data recorders in airliners be upgraded. It also called for urgent steps to update Boeing 7375. "The travelling public deserves to have available to them the current technology...
        AP  -  255 words
      • Article
        Lock icon More ex-UK cargo rate rises likely in late 1995
        196 46 Reuter LONDON The air cargo market is enjoying its quietest period, in terms of ex-UK freight tarifT movement, since the end of September. But despite recent rate stability, freight forwarders and their shipper customers are braced for what, in most cases,
        Reuter  -  196 words
      • LOG BOOK
        • Article
          Lock icon Iranian tanker runs aground off S'pore
          82 46 Reuter SINGAPORE An Iranian very large crude carrier (VLCQ has run aground in Indonesian waters south of Singapore but no oil pollution has been reported, the Port of Singapore Authority (PSA) said yesterday. The Khark ran aground on Wednesday evening at a position believed
          Reuter  -  82 words
        • Article
          Lock icon Objection to Minneapolis terminal
          97 46 Bloomberg Business News MINNEAPOLIS Northwest Airlines Corp said it opposes a new US$l billion (Ssl.4 billion) terminal at the existing Minneapolis/St Paul airport, calling it a "Denver-like bet" on "wildly optimistic" projections, the Minneapolis Star Tribune reported on Wednesday. Company representatives told the Metropolitan Airports Commission
          Bloomberg Business News  -  97 words
        • Article
          Lock icon Kiwi to increase flights by 30%
          81 46 Bloomberg Business News NEWARK, New Jersey Kiwi International Air Lines said it will increase its flight schedule 30 per cent, starting on March 1, in a move to boost business travel. Kiwi will offer 60 daily flights between Newark, New Jersey; Chicago Midway; Atlanta;
          Bloomberg Business News  -  81 words
        • Article
          Lock icon Pakistani airline to buy Boeing 737s
          83 46 Reuter ISLAMABAD A new Pakistani airline, Shaheen Air International (SAI), said it plans to acquire two more Boeing 737 aircraft as well as smaller planes to expand domestic and foreign services. SAI managing director, Air Commodore Shahid Kamal, said on Wednesday that the airline,
          Reuter  -  83 words
      • Article
        Lock icon Chrysler raises discounts on minivans as inventories grow
        310 46 Bloomberg Business News HIGHLAND PARK, Michigan Chrysler Corp has doubled discounts on its minivans to as much as US$2,OOO (552,900) in efforts to trim growing inventories before its all-new version comes out in spring. Chrysler is also mailing certificates worth an additional
        Bloomberg Business News  -  310 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
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      51 27 BusinesslT Every Monday in Business Times Providing emergency response service, Pg 3 Air Canada expects operating profit to rise 20% this year, Pg 20 Line* and service* represented by Members of the Registry of Accredited !;Hob;] Shipping Agents, Singapore National VJjLrfffJJ Shipping Association. For advertising enquiries. contact Shipping Times. Tel
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      Page 27 Advertisements Column 2
      54 27 The Aft of making money is first having ,he Craft "Ik SHIP FINANCING CALL US AT *****55 MAKINO IT WITH QDIJS FINANCE I H*ad Offict 112 Robinson Road, 06S Financ* Buitdmg, Singapore 0106 CENTRE STAGE Keep in step with the culture beat. The Arts. Every Monday. ■r I 1 Business
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      1982 28 Ihobth Am&jn I: otHuMWmAitcm 1 I mouth AMPMC* I WMCTCAU. TO OTST COAST ISCXI W**T W«*T Of 9tW™M. *****CA HMWWTA «tlW1C«~~; I SSWAPOM CALJPOAMA EXPRESS (OMECT FHO44 WEST COAST) tran un* ««nar a*- «i hU mmtm rtmr m icirn MOTIO VS. «019 LA I FIBO <SQ U ACA PT (MIT
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      Page 28 Advertisements Column 2
      40 28 4M '-•-1 O O Q o m tfl LEAD BY! §**i EXAMPLE w iM «w 9 H| For some of the best examples" of good management. Enterprise Management. Every Monday. 1 1 i t I v r¥l Business Times •VOOVAI4
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      963 29 IB sM.m^^p^AGENCEs f f "sin I esq I DXB I SHJ 1 km I AUH I dmn I bah I DOH I VSL/VQT <&/WT —SB- CMB I BL—I iCIOSW 27/2 13/3 11/3 13/3 15/3 14/3 14/3 IV3 17/3 AL USA CIOSW 27/2 14/3 10/3 27/2 4/3 06N J/3 20/3 U/3
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      379 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) I FROM AUSTRALIA (BAST COAST); Wistl ¥OT Ml MS *K STD ME* M MOO WS*L/WT WSWKB MMS«T I» A MTMUWTk 02$ 10/02 22/02 "/M 11/ M 14/01 MOKTW BAT 4S» U/02- I A. MM US 21/tt 27/02 02/03 11/01 10/01 21/03
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      1326 30 r AOABA T T ROAM, L£ VESSEL VOYNO SPORE JEDOAH (VIA JED) STOW H'BUBO ATAgRP HAVRE HANNOVER EXPRESS 24/X7 28/2 8/3 13£3 IVJ 18/3 292 NYKALTAW 02/106 1/3 18/3 19T3 1 ESSEN EXPRESS 10/308 4/3 1M 200 2/3 23/3 TT/3 2SV3 NYK2 01/109 9£ 2W3 28/3 HQ6CHST EXPRESS 19/309 11/3
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      Page 30 Advertisements Column 2
      492 30 iSSHMMMMh VLAHERNA 22/2 FldnVAtw/UK/Nante# I ESER KAPTANOGLU 22/2 26/2 RdnVAJWBmrVUK I APOLLON 26/2 2/3 Rdm/AtwAJK/Nwi I Loads E7WlN*a> Ma. Indonaaia I I Loading for 1 JEMIMA M Dubai/Darn man/WJda/VAqaba I MANISAMUT SAREE Kuwait/DwnmarVDubei I Toad* Singapore, EVW MMaywa. WowH I I Lowing for PAN EXPRESS Los Angelaa/Mawr Ortaana/ I /M.
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      Page 30 Advertisements Column 3
      1315 30 I NORASIAI VSL/VOY SM ALQ BCL LHM- 1 NORASIA SHARJAM 4M4-3 CD M ilffi 2083 2883 27M 7783 2883 IMS 3083&NOTNATORSMW 1083 3083 4284 UB4 4284 0384 4384 MB4 44/84 MT I SEA MmATTVE SIOW 1083 MM MB4 0084 4084 0684 IMM 1184 IUI UM NORASIA MALTA V Mll-3 22.TJ3
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      1307 31 r P W STRAITS SHIPPING PTE LTD 10 Hm Chiang Road #11-01 Keppd Towers Ml Mm Sinwoofe 0208 Tel: *****88 Fax: *****17 KniwiuMJißmaiiMU.miii.il—innmaM ww QUWHA PACIWC UNB HaaUaHßUßlilfflOßliniHHilillM aSva/ <a BinvKt or china navmatioh co) •CCEPTS ESjy* CARGO SMS MERUBI V9M3C UK. Skan. Taw 24-25 Fafc 27 Fab 01 Mar
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      Page 31 Advertisements Column 2
      2280 31 w Singapore Agent: wfeKHutt KKtC 1 I AjtlTO P&O Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Road. #07-01 keppcl Towers, Singapore 0208 First Class Connections WORLDWIDE e ocsr f t 225 5327/222 ,M? EXPORT IMPORT vessel vov pwo -pkq s«m tow ant rot mam got m ten vessel voy
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      459 31 FOR BOOKING 1800-*****00 (TOLL-FREE) outbouno nu pen »m sw hkg mo tai *ee yo* tky nm hob os* moi bus MAM HM 211/NO2C 19/02 20/02 72/0? 23 73/02 28/02 02/03 04/03 10/03 11/03 12/03 mm Ml 202/N076 22/02 23/02 25/02 2627/02 03/03 04/03 06/03 ~0770F 12/03 13/03 14/03 NM Ml
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      515 32 wA* JOINT VENTURE Wy SAMUOERA INDONESIA SIR RICKMERS SINGAPORE CHINA MSA SEPIiUH VOY 3NB 14 FEB QVtGDM) BEEN ERA VOY 4MB 13 MAR XMGANG I SHANGHAI i lOUCEMENT CALL P KELANG »CUC£MENT CALL W, GUOANG, BELANAN. TG MAN XIAMEN. HUANGPU UTAMA HARTA I I -gJ WEEKLY FULL COMT*IWER«H»» FEEPCR VESSEL
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      Page 32 Advertisements Column 2
      1105 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 If?*-! If I 5 cm tm iK hmi si rw pox n« *a I Ilm haul m» u wtc WW* ELSSTH'OIK" 9/3 DKCT 90/3 31/3 ISJS'StoTO OMt 1/3 RTOmMBMOI "/4 J/4 55£ is kssssis i:;i :sr& as as as
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      1136 32 Imscrucwsucm *1 o» ki sv no ui ae u htclm m ni w ik nt ck m 1 t aav«v» a/2 i/i «/i j/j »/j »/j u/i ii/j 22/ i s/4 7/4 u/« 11/4 u/« n/i 21/4 1/5 11/j u/i 17/5 4 I GENTU MO* 1/3 12/3 IS/1 17/1 21/1
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      1735 33 TO MOMBASA tun ES-SALAAM lto SSslir SStevr SSrfcWL .ass^'™ NUMta.** mITCOMk **********0 M Fu: 22*220* Br***m*Src Docs: *****50 S"*,%IMM Ems mm* r«w vc* n*.- ccsu /ohoik office: f—= »ss*is T« liftinc/CMM Fff: Ui tot Cut ftwe Cthi/iw< lug JIMI/WIW htc mi cw *ssi/»otmi mp |wc jm DM dm wb/wh wc
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      827 33 HEUNG-A SHIPPING (KOREAN FLAG) II I fully cowtmwbh) service I concthoml ««CE I JKTI HKO| H»r WIC PU6| HKR SW MX ft HKQ W» I Y. ***** n/82 «2/»3 88/83 88/83 14/83 U/M H/83 28/83 M. OCWM M2B 18/821 l»/tt 82/83 27/82 <8/83 13/83 aw o new 2i/>2 os/w w/w
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      Page 33 Advertisements Column 3
      525 33 FAMOUS CONTAINER LINES i 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 28/02 ROTTERDAM 28/02 AARHUS/COPENHAGEN 28/02 HAMBURG/BREMEN 28/02 MARSEILLE/FRANCE 28/02 FEUXSTOWE/UK 28/02 BARCELONA/SPAIN 03/03 LEHAVRE/FRANCE 28/02 GENOA/ITALY 25/02 ANTWERP/BELGIUM 28/02 LOS ANGELES/WC/PI 03/03 SYDNEY/MELBOURNE 02/03 NEW YORK/EC 03/03 FREMANTLE/ADELADE 25/02 VANCOUVER 01/03 BRISBANE 02/03 TORONTO/MONTREAL
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      1089 34 littOH ***** 1 BHATWA HUM 70S Sot ~2S/2~ Tin 28/2 I 1 I Mon > T ;rT T 0n ,n B P|V»SB«L __VOY SJN g« I 1 VWUBHUM 123S_ _28/2_ _Fri 3/3_ f INTRA BHUM ~28/T ~wid~ ~i7T BmNT* BHUM 233N gut 25/2 Tin at/2 IBWA BHUM SOS Fri 3/3
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      877 34 79 ANSON ROAD, *21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N pQRT KLANG Tj penanq^^^ vessel voy aw rrn vessel voy sw ftx noun GEMN *****H 24/2 (FIB) ?6/2 <SUW) HOUR iAYA ***** 24/2 (f) 2j/2 «SUW) S£A LAUBEL 365W 26,2 (SUN) 27/2 (MOW) MCC COWVEYOB 5013 26/2 (SUW)
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      965 35 1 *•-> PACIFIC INTERNATIONAL LINES (PTE) LTD l 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I SSSSSSSS KM CR NO *****6 *****F- i VESSEL VOY SIN CMB JIB HOD JED AQJ ADE PZU MSW ASA ?>i KOTA BERK AT BKT2IS 28/2 4/3 11/3 13/3 16/3 18/3 1»/3 22/3 8/5
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      Page 35 Advertisements Column 2
      919 35 WSSfLS WOT SW *"1 Lt HAVRE H«WU>C IHAMES ROTUROAM ANHWW AL£ M IYRA TO7W 03/03 22/03 24/03 2* 03 27/03 20/03 VM.U H WLA VO7W 09/03 20/03 31/03 02/0* 03/04 04/04 Witt 01 TITAHA I0«W~ 15/03 05/04 07/04 10 04 11/04 j VHU DC IBM LOW 11/04 13/04 15/04 K/04
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      582 35 BSfl n. MgK MYANMA «BBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gd| HPA-AN V2OOW 01/03 M* MUCIN VI3IW 27/04 M* PAGAN V2IOW 05/07 Mar MALAYSIA AGENTS BOUSTEAO SMPWNG AGENCCS All: TEI 02 03 *****00 PKL TEI 02 03-30J747 PEN: TEI 02 04-2(***** PGD
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      688 38 aa RICHFIELD MARINE AGENCIES (S) PTE LTD H TEL: *****33 (12 Lines) B FAX: *****15/*****03 m TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E Ir 3n n^s*K ,as ACCEPTING FCL AND CONVENTIONAL Vmml Voy ETA I Loading For Spore Andioet 38WB 12/04 Mombasa, D|iboutl Assab. Massawa Abbay Wonz 43W8
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      740 38 AFGHANISTAN M4M Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Ooqharun) Hfl&lVI C.1.5./RUSSIA: Alma Ata. Ashkhabad. Baku. Dushanbe. I Irkutsk, Khabarovsk. Krasnoyarsk, Korsakov. Moscow, Mllltzer Munch Novosobirsk. Sochi, Tashkent. Tbilisi. Vladivostok. Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang. Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA I ALSO ACCEPTING CARGO
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      277 38 FOONG SUN Y~ SHIPPING (PTE) LTD. WHOLESALE CENTRE. BLOCK 1, #0310 SINGAPORE 0511 BOOKING/ENQUIRIES CR NO: **********0W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP VESSEL VOY CTA ETD DESTWMTION SUN RAY 4/95 2/3 4/3 PLAJU/PALEMBANG NEE HAK I 4/95 27/2 21/2 PONTIANAK/SJNTETE SUN RAT 4/95 2/3 4/3 BENGKULU/PADANG
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      Page 38 Advertisements Column 4
      316 38 AjfcflMN CONTAINER LINES, HW PENANQ: (04) *****6 BANGKOK (662) *****57 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) 2*1660 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 24/2 25/2 26/2 HKG/BKK/KEE/KHH G'burg/Chagen/Sholm/Oslo 26/2 27/2 28/2 28/2 1/3 2/3 HKG/BKK/KEE/KHH Piraeus 25/2 26/2 27/Z 3/3 4/3 5/3 HKG/BKK/KEE/KHH
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      184 39 SINO EXPRESS SHIPPING (PTE) LTD. V MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. TEL: *****80 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI SPORE HKG SHAI VESSEL VOY ETA I ETD ETA I ETP ETA ETP J. FASTER 901/902 24/2 25/2 2/3 3/3
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      1125 39 slifflßffßF mm mF iff b« «aa m gd wc wmw wt pm a—a wo m_± W HONSHU 2425 24 42 lJ.il* 14M* 13(3 UM ISM KM MM 24M 2 25 1 i I,W NU ?»S 1343 ISM MM roTlVti Nonum nn 24M v.tr »«r »m iim tun km ?JSE, l
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      1461 40 pona U. S. A. /CANADA 3 TIMES A WEEK MAERSK TACOMA V.9504 ETA SIN 27TH FEB 95 MARIT MAERSK V.9504 ETA SIN 28TH FEB 95 ANDERS MAERSK V.9506 ETA SIN IST MAR 95 vessel Voy ETA I ETO 1 DESTINATIONS Naxl WMk PANAMA Next Wmk 6TH STRING MARIT MAERSK V
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      775 40 [FMMIoyd FULL CONTAINER SERVICES Iv 11flu rtm M/K nm -awM M K U O/U IMI| 0 «LI W7* 04 03 tvu H/U »/M 11 M MM MM M/M VD mm TMW 11/ M 11/tt li/M KM M/M M/M M/M U/M I «DUK MM MOT U/M M/M ?1 M IfM M/M
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      715 40 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPOfiT P KELANG HALIFAX N YORK NORFOLK N.ORLEANS MOBILE TAMPICO HOUSTON HOEGH DUKE 0528 23/24 Feb 2S/26 Feb 2 Apr 5 Apr 8 Apr 14 Apr 17 Apr 20 Apr 25 Apr HOEGH MIRANOA 0728 13 Mar OPT 21 Apr 24
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      580 41 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCJPTWS BKMBU.K/SOC CMfiOK TO/fHOM KOK. YOKOHAMA. NAGOYA. HOI. TOKYO*. MAMLA*. DAVAO*. Pwanc* P. K*Un( Seaport EH»a* KARABEVERETT ¥21E 27/21 Ftb 01/02 Mar KAIIALEVERETT V2SE 17/1111* KARABEVERETT V22E 22/23 Apr ACCtPTNfi BKM«JU/FCI/SOC CMfiOES TO/FWM CHTTMONG, CAICUTTA MS MONO.** Snfiport P. K«te|* Ptn*t* Pis* Gudaif*
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      200 41 BE GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 24/2 2/3 4/3 6/3 GLORY SELATAN X 19/2 25/2 27/2 29/2 SIN KAO GLORY SELATAN VM 22/2 28/2 SINGAPORE ft ASEAN
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      565 41 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE *VEna"""™ ~~vor"*"" KARACH ISLAMABAD 132-HW 01/03 10/03 SWMOH> 153-HW 1<?03 2S/03 MAMAR MMg 17/03 27/03 HYOEAABAO 139-HW 14/04 23/04 ■nuuuau ran muct to maim FAR EAST CONTAINER SERVICE ONLY VESSEL VOY [MR I W6 IBSN IPSA |HAC [TOR HYPEHABAD lit-OR
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      722 41 ILiuwaillliMlM PULL CONTAINER SERVICE FROM SIN TO MADRAS VtSSEL/VOV CTA SIN ETA MAA MV PRAVOtNSM VI3 24-25/02 02-03/03 MV TICCR BAY V 130 24 25/02 02-06/03 MV BONCA TERATAI V TERO29 25-26/02 03-04/03 MV TIGER CAPE V 015N 27 28/02 OS-OS/OS MV PCSTOVO V.IO 02-03/03 08 15/03 MV TIGER ISLANO
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      Page 41 Advertisements Column 5
      326 41 mi I A] I i^^WBBBBBWBBWW|B^^^Mi m FAR EAST j 28/2 KEELUNG/KAOHSIUNG 26/2 BANGKOK J 26/2 MANILA/CEBU 26/2 JAKARTA/BELAWAN/SURABAYA 27/2 PORT KELANG/PENANG/E. MALAYSIA J 26/2 BUSAN 26/2 TOKYO/YOKO/KOBE/NGO/OSA J 26/2 HONG KONG Si CHINA (*B#±*«n) 26/2 GUANGZHOU/HUANGPU/SHENZHEN J FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo Si EUROPE/UK 27/2 LDN/FLX/LVP/SOU J 27/2
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      1104 42 FIXED -JBL k WEEKLY SAlLINGS^^HjUj^^^ MELBOURNEIp GP SHIPPING PTE LTD I Call: Kenny/Mas/Peter I STIR SHIPPING AGENCIES (S) PTE LTD tCCHTS FOR: ZIM CONTAINER SERVICE GOLD STAR UNE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (S LINES) FAX: *****70 tea WO. *****QSOOOI t) HUEBICA/CARISBEAH SERVICES" C «T/oS^SJU Kga Iwr I I
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      434 42 y Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 7 MARCH (Accepting to N*w Zaaland ports) PENAN6 3 MAR JAKARTA 1 MAR PORT KLANG 2 MAR BAN6KOK 1 MAR MANILA 26 FIR MELBOURNE 2 MAR SYDNEY 2 MAR BRISRANE 6 MAR FREMANTLE 8 MAR ADELAIDE 8 MAR 4 MAR I
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      1022 42 CONSOLIDATION TO LIMASSOL Singapore* I FIRST FORWARDER IN ACCEPTING LCL CARGO AT .^'^rdfd ATTRACTIVE RATES Transhipment available to Beirut, Lattakia via LimaSSOl Qpi Call Te at DID: 277 1064 for bookings NOW!!! Singapore 56 i 1668 272 9838 m% Also has offices in:- AN) logistics SERVICES fIF MALAYSIA THAILAND PHILIPPINES
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      1833 43 j SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 E. WM Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R I S Y.S.N. I Vw«l Voy Hoop Kong Slnflipore P. Helena Peninj S— Patent 39 Sailed Sajjgd In Port MUll jg» 17A 2-3/3 4-5/3
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      381 43 CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS wm |irt mmm shmbah kmi 1/3 «/i »/i 77/3 n/3 m machoha wm t/i n/i I a Monwroi wm n/i u/i in in m to*ro otai 11/3 k/3 g» WTHTIK 51W l«/ 3 ?l/3
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      734 43 H II NEPTUNE ALEXANDRITE 16W ETA sqp 04/03/95 II 11 iSjtf II ETA RDM 20/03/95, FLX 21/03/95, ll I II BRE 23/03/95, LEH 25/03/95 ll EXRORT HMBAMiI CAUTOtaA Hmms T#t. .-w* vt gL scp tos j oaa I vam"~ urr atl ccc hop Imp* rlo ton mon CALIFORNIA LUNA 72
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      1571 44 AMERICAN PRESIDENT LINES, LTD. 19 KEPPtL ROAD *02-01 j»T POH BUH.MNC S4NGAPOW 0208 Ttl 225 F«i 321 4922 ALSO OFFERING SERVICE TO/FROM •PRC *CIS 4 VIETNAM *EAST RUSSIA 'CARIBBEAN LATIN AMERICA *EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY to NORTH AMERICA CANADA WIIKLY CONTAINERIZED SERVICE *ssli,wiui ftw mi rat
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      Page 44 Advertisements Column 2
      1551 44 —-94 AS AGENTS: "K" UNI (SM6APORS) PTE ITO (CR NO: **********0M/6ST REG NO: M2-M*****4) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 H Mj* MALAYSIA: 1" LINE MARITIME (MALAYSIA) SON BHO i W*J TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 1 INDONESIA: P.T. SAAANA LAUTINTERNUSA. TEL: JKT
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      Page 44 Advertisements Column 3
      479 44 BLACK SEA SHIPPING CO (UKRAINE): BLASCO SERVICES BLASCO: INWARD *****65 OUTWARD *****28 FAX *****26 warn* I mm 1 »t«i wr gm jam w I w |«i *>m|nMEW|iim>|«M I. TNMS 24CEMI Ul 111 Stl 24CWM 20/02 05/03 10/03 25/03 21/N 30/03 t». mm net is 23/02 05/03 23/03 oicwos 21/03 k/m
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      487 45 HYUNDAI MIgCHANT MARINE CO.JLTD. WESTBOUND TO EUROPE BKG: *****61 [pfM [~Plci PGO VESSELS VOV SN RTM ANT 5 S 55 Fa 12/02 24/02 25/02 H. PWfCEK H3W 27/02 D 703 ***** ***** 19/03 19/03 21/03 01/03 03/03 04/03 H. FRONTO 31SW 06/03 24/03 26/03 25/03 26/03 26/03 26/03 OS/03 10/03
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      Page 45 Advertisements Column 2
      407 45 STRAITS/ JAPAN/ STRAITS SERVICE MULTI PURPOSE I RORO CARRIER SPECIALIZE M HEAVY UFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS IT* |CTD vessel vot sm n loaomc for worn* ADMAINA I 10 MR! ft/2 IANJONG MAMS 27/2 bbtuu n/z OCEAN BUI 10 25/2 20/2 BANGKOK 1/3 TBBER TRAOER
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      588 45 JEDDAH/UK/CONTNENT STORE ICD S TONH BURG BWH R DAM LEM *Mm Acccptnt C«r Hr. HAMKMR EVRESS 24/307 25/2 0/3 15/3 11/3 20/3 22/3 S«u#i«r»tor Md UK dntnata. Mnl aM OvMn NTK ALTAR 02/101 1/3 11/3 21/3 19/3 (.ttardi* :M d Antwwp Anatodjm (HM. HMNriu ESSEN EXPRESS 10/301 4/3 22/3 25/3
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      294 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 ft 1.2 1.4 1.7 2.1 2.4 2.6 2.5 2.4 2.0 1.7 1.3 1.0 OS 0.1 0.8 1.0 1.2 1.5 1.6
      294 words
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