The Business Times, 10 March 1995

Microfilm: NL19814
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MITA(P) 194/12/94 Friday March 10 1995 WE 3ft
    10 words
  • 2am LATEST
    • Article
      Lock icon Dow down 2 points
      40 1 Reuter NEW YORK Wall Street stocks were mixed yesterday as the dollar's renewed fall sparked fresh worries about higher interest rates. The Dow Jones industrial average was off 2.42 points at 3,976.81 at Ipm EST. Reuter
      Reuter  -  40 words
    • Article
      Minmetals countersues
      57 1  -  By Neil Behrmann LONDON Minmetals International Non-Ferrous Metals Trading Co, the trading company controlled by Beijing, is countersuing Lehman Brothers for US$2B million (SS39 million) in damages and US$lOO million in punitive damages. Minmetals yesterday alleged that Lehman "lured an inexperienced trader to make more than US$35 billion
      57 words
  • Article
    MARKET SUMMARY
    172 1 Stock market Mfcw Thursday Change ST1I 2,070.74 7.36 KLSEComp 951.21 +16.16 Nikkei 16,763.08 +141.77 Hang Seng 8,076.79 +146.80 SET Index 1,214.95 +8.07 Jakarta Comp 437.50 +0.20 Manila Comp 2,370.06 -41.72 Taipei WPI 6,388.36 -37.71 Seoul Comp 943.76 +3.68 Bombay BSE30 ....3,475.09 -5.90 CLSA China B 818.59 +1.18 Aust
    172 words
  • Article
    Dr Hu appoints inspectors to probe Baring Futures (S)
    572 1  -  By Conrad Raj, Shiv Taneja SINGAPORE In a move that widens the scope of the ongoing investigations into the Barings affair, Finance Minister Richard Hu yesterday appointed auditors Michael Lim and Nicky Tan from Price Waterhouse as inspectors to look into
    572 words
  • Article
    US$ rallies in Tokyo, then dips in London
    432 1  -  From Anthony Rowley, Neil Behrmann in LONDON THE currency markets remained extremely skittish yesterday, with the US dollar rallying in Tokyo but retreating in London. The yen opened at 90.90 to the dollar in Tokyo yesterday morning and by the close of
    432 words
  • Article
    S$ firms up in Asian trading
    108 1 SINGAPORE The local dollar managed to end stronger yesterday compared with its New York close on Wednesday as fol-low-through buying of the greenback in Asia petered out. The Singapore dollar ended Asian trading at 551.4183 per US$ 87 basis points stronger than Wednesday's New
    108 words
  • Article
    Regional markets regain some ground
    234 1 SINGAPORE A steadier US dollar and a firm overnight showing on Wall Street helped regional stock markets regain some ground yesterday. In Singapore, Malaysian stocks commanded most attention, aided by a late rumour that a general election date would soon be announced. Although interest in
    234 words
  • Article
    Lock icon Currency turmoil claims one life in HK
    162 1 AFP HONGKONG Two foreign exchange speculators jumped from high-rise apartment buildings after incurring heavy losses when the US dollar plunged, police said yesterday. A woman identified as Ma, 56. died after leaping from the roof of a 35-storey apartment block on Hongkong Island
    AFP  -  162 words
  • Article, Illustration
    Parkway plans separate listings for its hospitals in the region
    377 1  -  By Jenny Lam SINGAPORE Property-and-hcalthcare group Parkway Holdings plans to list several of its Glencagles hospitals individually in the next few years. "Listing allows us to raise capital to invest in other healthcare projects and to expand our hospitals," Ronnie
    377 words
  • Article
    Edmund Tie sets up property consultancy, forms ties with HK firm
    452 1  -  By Lilian Ang SINGAPORE Former Jones Lang Wootton (JLW) head Edmund Tie is setting up a new property consultancy firm which will ride on the success of Hongkong's CY Leung and Company to expand into the region. The firm,
    452 words
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      Page 1 Advertisements Column 2
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Stock market turnover rose in Feb
        312 2  -  By R Sivanithy STOCK market interest in February picked up significantly, with the main board and Clob International trading 4.27 billion units worth SIO billion. In dollar terms, this was 69 per cent more than the 55.9 billion traded in January and more than
        Source: MAS  -  312 words
    • NEWS ROUNDUP
      • Article
        Jurong Island job goes to Penta-Ocean
        89 2 A JOINT VENTURE between Japan's Penta-Ocean Construction and Singapore's Koon Construction Transport has won the 5240 million contract for the reclamation of Jurong Island. Even before the ink was dry on the documents signed yesterday, Jurong Town Corporation (JTC) said the entire 184 hectares
        89 words
      • Article
        NUS Technology Hldgs incorporated
        53 2 WITH A Si million start-up and investment grant from the National Scicncc and Technology Board, the National University of Singapore yesterday announced the incorporation of NUS Technology Holdings. The private holding company will facilitate the commercialisation of university-derived research and inventions by providing early-stage support to
        53 words
      • Article
        Smoking restriction at Changi
        38 2 SMOKING AT Changi International Airport will be restricted to transit passengers from March 15. Independently ventilated rooms have been built to cater for them. Everyone else will have to smoke outside the terminal buildings.
        38 words
    • Article
      Pakistan in deals with Sembawang, Promet
      389 2  -  By Chuang Peck Ming THE Pakistani government has signed separate preliminary agreements with the Sembawang and the Promet groups on infrastructure projects worth a total ol US$6OO million (SSBS3 million). The memoranda of understanding (MOU) signed on Wednesday include the expansion of port facilities
      389 words
    • Article, Illustration
      Lock icon PM Goh: social cohesion, open trade key challenges in new world order
      484 2  -  Fortune global forum Reports by Catherine Ong, Chuang Peck Ming MAINTAINING social cohesion within national boundaries and keeping regional trading groups open arc the key challenges in the new world order, said Prime Minister Goh Chok Tong yester
      Photo by George Gascon of The Straits Times  -  484 words
    • Article
      Business and information keys to progress, says Bhutto
      284 2 PAKISTAN, which is opening up its economy, wants to show other Muslim nations the way forward to a more closely-knit world where business and information are kings, its Prime Minister Benazir Bhutto said yesterday. "What we are trying to accomplish in Pakistan
      284 words
    • Article, Illustration
      Political freedom will not impede prosperity: Patten
      524 2 HONGKONG Governor Chris Patten yesterday rejected the notion that political freedom will stunt economic growth, citing the British colony as an example where democratic values have not impeded prosperity. "Liberty and the institutions which sustain it have certainly not imperilled economic growth in
      524 words
    • Article
      Full-time social worker named Her World Woman of the Year
      217 2 A FULL-TIME social worker, Leaena Tambyah, won the Her World Woman of the Year 1994 award last night. Mrs Tambyah garnered a record 13 nominations for Her World magazine's coveted award. An impressive list of credentials ensured she came away
      217 words
    • Article
      OEM companies expected to be hardest hit
      339 2  -  Impact of weak US$ on manufacturers By Genevieve Cua, Ven Sreenivasan THE weak US dollar is expected to hit hardest manufacturers whose export sales are denominated in the American currency, particularly those in original equipment manufacturing (OEM). While forward contracts and raw material
      339 words
    • Article, Illustration
      Deloitte to have team of 250 consultants in S'pore by 2000
      369 2  -  By Shiv Taneja ACCOUNTING giant Deloitte louche Tohmatsu International plans to build up a team of 250 consultants in Singapore over the next five years, making the Republic one of its regional hub for management consulting business. Deloitte chairman
      369 words
    • Article
      Tough times ahead for retail market, says survey by property consultant
      350 2 TOUGH TIMES lie ahead for the retail market, according to survey results released by property consultant Knight Frank Cheong Hock Chye Baillieu. The survey done in the middle of last year interviewed 10 retail property owners and 44 retail
      350 words
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  • SOUTH-EAST ASIA
    • Article
      Thailand's political progress supports A2 rating: Moody's
      450 3 HONGKONG Action taken towards political maturity supports the present A 2 rating for Thailand's foreign currency debt, Moody's Investors Service said yesterday. The ratings agency said Thailand's foreign currency debt was based on the country's record of dynamic exportdriven economic growth and reinvestment,
      450 words
    • Article, Illustration
      Lock icon Near blasts from the past
      41 3 Reuter BANGKOK A Thai policeman inspecting mortar bombs unearthed at a construction site here on Wednesday. They are believed to have been left over from Japan's occupation of the Thai capital during World War 11. Reuter
      Reuter  -  41 words
    • Article
      Thai bourse eases margin trading rules for 9 months
      381 3  -  From Loh Hui Yin in BANGKOK IN an effort to stem the fall on the Thai bourse, the Stock Exchange of Thailand (SET) is to relax rules on margin trading for nine months, starting from today. It is aimed essentially at
      381 words
    • Article
      Lock icon US admiral concerned about tensions over Spratlys
      149 3 AP JAKARTA The head of the United States Pacific Command expressed concern yesterday about increased tensions over the disputed Spratly Islands. The Spratlys, said to be rich in mineral deposits, straddle key sea lanes and are claimed in whole or in part by
      AP  -  149 words
    • NOTE BOOK
      • Article
        Lock icon Thai bill to fight money laundering
        73 3 AFP BANGKOK Thailand's Narcotics Control Board (NCB) has given the initial nod to a proposed bill to curb drug money laundering, and recommended that it be expanded to cover money gained from other crimes. An NCB spokesman yesterday said the board felt the proposed
        AFP  -  73 words
      • Article
        Lock icon Manila's debt rising on yen's strength
        78 3 Reuter MANILA The Philippines' external debt is projected to rise by up to US$l billion (551.42 billion) as a result of the continued fall of the US dollar against major currencies. A Central Bank official yesterday said that since one-third of the country's foreign
        Reuter  -  78 words
      • Article
        Lock icon Brunei will back Japan's UN bid
        92 3 AFP TOKYO Brunei's Foreign Minister Prince Mohamed Bolkiah says his country will back Japan's bid for a permanent seat in the UN Security Council. A Japanese foreign ministry official yesterday said Prince Bolkiah, younger brother of Brunei's Sultan Hassanal Bolkiah, told his Japanese counterpart,
        AFP  -  92 words
      • Article
        Lock icon Manila, PNB agree on payment mode
        98 3 Reuter MANILA A finance department official yesterday said the government and Philippine National Bank had agreed on a mechanism for settling state-controlled PNB's outstanding claims against the Treasury. But they have still not agreed on the exact amount of the claims. Finance undersecretary Romeo
        Reuter  -  98 words
      • Article
        Lock icon Private sector funds for infrastructure
        84 3 AFP MANILA Governments throughout Asia will rely on private sector initiatives to spearhead the building of new infrastructure in the region, as traditional funding sources become more selective amid unprecedented demand. David Faulkner, a partner in international property consultants Brooke Hillier Parker, yesterday said "property
        AFP  -  84 words
      • Article
        Lock icon M'sian current deficit may be higher
        95 3 Reuter KUALA LUMPUR Malaysia's current account deficit for last year may have widened by as much as Msl7 billion (559.47 billion), a 41.6 per cent rise over the estimate of Msl2 billion, economists said yesterday. The data may not be as startling on closer
        Reuter  -  95 words
    • Article
      Lock icon Thailand will host Europe-Asia summit: Chuan
      304 3 The Straits Times BANGKOK Thai Premier Chuan Leekpai has written to his Singapore counterpart, Goh Chok Tong, confirming that Thailand will host the first Europe-Asia summit. In a letter dated March 7, he said Thailand would be ready to host the gathering of European
      The Straits Times  -  304 words
    • Article
      Lock icon Phnom Penh dismisses threat by Khmer Rouge to take Battambang
      323 3 AFP PHNOM PENH A government commander yesterday dismissed as propaganda Khmer Rouge claims that its guerillas had encircled Cambodia's second city of Battambang and were threatening to capture it. "The Khmer Rouge do not have the ability to capture Battambang
      AFP  -  323 words
    • Article
      Lock icon Myanmar's prime minister begins 5-day visit to Vietnam
      212 3 Reuter HANOI Myanmcse military leader General Than Shwe arrived in Hanoi yesterday for the start of a five-day visit to Vietnam, the second top-level contact between the onceisolated countries in less than a year. Gen Than Shwe, chairman of Myanmar's ruling State
      Reuter  -  212 words
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      35 words
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      7 3 Moody's opens office in Singapore, Pg 23
      7 words
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      Page 3 Advertisements Column 3
      284 3 The Zenith Rainbow Collection A Legend at Sea and on Land y j' v i xtm n -i-n.rt.rha.h > y' y iff Zenith, the time-honoured elite watchmakers and button start stop creators of the first ever chronograph movement the and reset; El Primero and winners of countless awards and jjb
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China's SEZs urged to quit low-tech sectors
      322 4 Reuter BEIJING China's five special economic zones (SEZs) should move labour-intensive, low-technology industries to the hinterland, a senior official said here yesterday. Hu Ping, who heads the cabinet's Special Zone Office, was quoted by Xinhua news agency on Wednesday as saying that the
      Reuter  -  322 words
    • Article
      Lock icon Beijing city has huge cash overhang: official
      165 4 Reuter BEIJING For the first time since 1959, the money in circulation in Beijing last year exceeded the amount in banks. An official of the People's Bank of China yesterday told Xinhua news agency that by end-1994, deposits in Beijing's major financial institutions
      Reuter  -  165 words
    • Article
      Lock icon Chinese firms lost 600b yuan in 13 yrs: report
      217 4 Knight-Ridder HONGKONG Poor planning, mismanagement and lax control over spending have caused China's state-run enterprises to lose or waste about 600 billion yuan (S$ 100.7 billion) since 1982, the Beijingbacked Wen Wei Po newspaper reported yesterday. The estimate came from a
      Knight-Ridder  -  217 words
    • Article
      Optimism on China's WTO hopes
      473 4  -  Copyright accord will help bring about favourable outcome on membership, says US academic By Schutz Lee SINGAPORE The Sino-US accord on copyright protection will holster China's chances of joining the World Trade Organisation this year, says an American author of several books on China. Harry
      473 words
    • Article
      Lock icon Taiwan Cabinet endorses NT$1.1 trillion budget
      275 4 AFP TAIPBI Taiwan's Cabinet yesterday approved an expansive budget for the financial year beginning July, with a 10.9 per cent increase in government spending. Cabinet officials endorsed the budget of NTS 1.14 trillion (5561.6 billion) proposed by the Cabinet-level Directorate General for Budget, Accounting
      AFP  -  275 words
    • CHINA WATCH
      • Article
        Lock icon China-Burma-India rail proposed
        80 4 UPI HONGKONG A plan to construct a new railway linking China with Burma and India has been proposed by a National Peoples Congress deputy from south-west China's Yunnan province. The proposed 2,100-km link was suggested as a means to promote resources development and cooperation among the three
        UPI  -  80 words
      • Article, Illustration
        Lock icon Facing the past
        67 4 Reuter SYDNEY Wang De Xin looking at a female mummy which is estimated to be close to 3,880 years old, at the Chinese Mummies, Treasures of China exhibition, at the Luna fun park here yesterday. The exhibition, comprising six mummies (four originals and two replicas), which are
        Reuter  -  67 words
      • Article
        Lock icon Taiwan rate rise uncertain: central bank
        79 4 Reuter TAIPEI The deputy governor of Taiwan's central bank, Paul Chiu, told journalists yesterday that he could not say whether the bank will or will not raise the rediscount rate. "I cannot say whether we will or will not raise the rediscount rate," he
        Reuter  -  79 words
      • Article
        Lock icon China Aerospace plans satellite TV
        89 4 Bloomberg Business News HONGKONG The coordinator of China's space programme, China National Aerospace Corp, plans to launch a satellite TV system this year that only shows programmes approved by the communist party. "The government is worried about people receiving overseas television broadcasts," said Terry Lui,
        Bloomberg Business News  -  89 words
      • Article
        Lock icon China against Lee's visit to US
        96 4 Reuter BEIJING China said yesterday it opposed any visit by Taiwan's president to the United States and the island's admission to the United Nations. "We are opposed to Lee Teng-hui visiting the United States in any form," a foreign ministry spokesman told a weekly
        Reuter  -  96 words
      • Article
        Lock icon US warned over UN rights resolution
        74 4 AFP BEIJING China strongly criticised the United States yesterday for its support of the defeated United Nations Human Rights Commission resolution condemning Chinese abuses, warning the action will-adversely affect bilateral ties. Chinese foreign ministry spokesma.. Shen Guofang told a press briefing that China deems
        AFP  -  74 words
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      543 4 Macintosh or Windows? ■H§gp; >111' MP' l 1 iidUUi" l Hill TK |«J. ."J"!lil. 1 i! riWßcVUawifc.' v i T iirr- iuiii nil i linn i tin tip— Get both. Pay for one. Just $3,188. When you buy the new Apple® Power Macintosh 6100/66 DOS/Windows Compatible Only Apple gives you
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Former head of Japan credit firm denies influence-peddling
      471 5 But he admits to ties with Cabinet ministers Reuter, Bloomberg Business News TOKYO The former head of an ailing Japanese credit firm has denied allegations that he sought special favours from politicians and bureaucrats to secure a bailout scheme at the heart
      Reuter,; Bloomberg Business News; Reuter  -  471 words
    • Article
      Lock icon Record Australian employment fuels talk of interest rate rise
      404 5 Bloomberg Business News SYDNEY Australian employment surged to a record in February, sending bond yields higher on speculation that the Reserve Bank will have to raise interest rates again soon to slow a hardy economy. "It significantly increases the prospects of
      Bloomberg Business News  -  404 words
    • ASIA NOTES
      • Article
        Lock icon S Korea trade with North hits US$880m
        100 5 Bernama SEOUL Inter-Korean trade has been steadily increasing since 1988 despite political tensions between South and North Korea, show statistics released by the National Unification Board (NUB) yesterday. Since the government took steps to free up trade with North Korea in 1988, the
        Bernama  -  100 words
      • Article
        Lock icon NZ inflation may break 2%: minister
        103 5 Bloomberg Business News WELLINGTON New Zealand Finance Minister Bill Birch said yesterday there was "a slight risk" that the country's 1995 underlying inflation rate would exceed the central bank's zero-to-2 per cent target. "The profile of where inflation is going is that headline inflation
        Bloomberg Business News  -  103 words
      • Article
        Lock icon India exchange to get 12 more centres
        86 5 Knight-Ridder BOMBAY The recently established National Stock Exchange is planning to extend its network of brokers to 12 more centres in addition to Bombay, said its managing director, RH Patil. In Delhi and Calcutta, the process of appointing brokers to trade in debt
        Knight-Ridder  -  86 words
      • Article
        Lock icon Kim vows to free Korean economy
        86 5 Reuter LONDON South Korean President Kim Young Sam yesterday pledged to liberalise one of Asia's fastest growing economies and open it up to foreign investment. Eager to win economic and political allies for Seoul while on a six-nation tour of Europe, he also pitched
        Reuter  -  86 words
      • Article
        Lock icon Japan profits revised downwards
        106 5 Bloomberg Business News TOKYO Japanese companies will see their current profits rise 8.8 per cent in the year ending March, 1995, the Nikko Research Centre said yesterday in a report. The forecast is 1.5 points lower than the research institute's earlier projections prior to the Jan
        Bloomberg Business News  -  106 words
    • Article
      Lock icon India expects 5.3% growth for fiscal year ending March
      306 5 Reuter BOMBAY India's central bank on Wednesday painted a rosy picture of the economy in its annual review, predicting higher growth in most sectors during the current financial year, ending this month. In a review released just a week ahead of
      Reuter  -  306 words
    • Article
      Lock icon Asians are NZ's biggest migrant investors
      155 5 Bloomberg Business News WELLINGTON Immigrants have invested NZ$l.O6 billion (551.05 billion) in New Zealand since 1991, Immigration Minister Roger Maxwell said yesterday. And of that sum, immigrants from North Asia were the biggest investors, spending a huge NZ$B56 million. Those from South-east Asia spent
      Bloomberg Business News  -  155 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
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  • FOCUS
    • Article, Illustration
      Lock icon Unlikely to suffer an Hispanic attack
      1355 6  -  Malaysia's economy and the ringgit From Ho Kay Tat in KUALA LUMPUR ALTHOUGH the dust kicked up by the Mexican peso crisis appears to have settled down, Malaysian Prime Minister Mahathir Mohamad was nevertheless irked by a report in the US magazine Fortune which
      AFP  -  1,355 words
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      20 6 OPENING jr C exquisite designer furniture, V furnishings, artifacts and home decoration ||r 1 1 11 11 rWjn 1 wffi|J
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      72 6 THE RAFFLES CONVERSATION "I hate all the brawls and the slamming matches that take place, and the intrusions into one's private life there is really no private life as such. But I love to see the joy in people's eyes when you do things that improve their lives." Pakistani Prime
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  • THE WORLD
    • Article
      Lock icon San Diego County to end use of derivatives
      446 7 Reuter SAN FRANCISCO San Diego County's treasurer has been asked to stop buying derivatives and ban leveraging to ensure that public funds are kept safe. The ehairman of the eounty board of supervisors, Dianne Jacob, yesterday said that the board had directed
      Reuter  -  446 words
    • WORLD WATCH
      • Article, Illustration
        Lock icon Woman's day
        44 7 Reuter EDINBURGH Managing editor of The Scotsman newspaper Lesley Riddoch standing outside the newspaper office and carrying a copy of the rcnamed-for-thc day paper, The Scotswoman. which she edited on Wednesday. The paper was renamed to coincide with International Women's Day. Rcutcr
        Reuter  -  44 words
      • Article
        Lock icon Minmetals countersues Lehman
        59 7 Bloomberg Business News NEW YORK China National Metals and Minerals Import Export Corp (Minmetals) filed a lawsuit yesterday seeking USSI2B million (*****.6 million) in actual and punitive damages against Lehman Brothers. In November, Lehman sued after Minmetals failed to pay its bills for U5552.5 million of losses
        Bloomberg Business News  -  59 words
      • Article
        Lock icon European Bank posts 1m ECU profit
        65 7 Reuter LONDON The European Bank for Reconstruction and Development (EBRD) turned in a net profit in 1994 of one million ECUs (551.85 million), which even though down from the previous year was better than expected. "In 1994, the EBRD laid a solid foundation for
        Reuter  -  65 words
      • Article
        Lock icon Sega, Ninendo monopolise market: UK
        68 7 Reuter LONDON Britain told Japan's Sega Enterprises Ltd and Nintendo Co Ltd yesterday they were guilty of "monopolistic practices" in their domination of the £400 million (SS92O million) British video games market. A report by the Monopolies and Mergers Commission found that both Sega and
        Reuter  -  68 words
    • Article
      Lock icon Officials scurry to get blueprint ready for world leaders
      296 7 World Summit for Social Development Reuter COPENHAGEN The United Nations social summit, striving for a formula to end global poverty, raced against time yesterday to agree on a blueprint for narrowing the yawning gap between the world's rich and poor. Hours
      Reuter  -  296 words
    • Article
      Lock icon EU single currency plans still intact, insists Santer
      233 7 Reuter BRUSSELS The European Union's plans to replace national currencies with a single currency are intact despite the turmoil in world money markets, European Commission president Jacques Santer said yesterday. "I don't think that the creation of a single currency has been
      Reuter  -  233 words
    • Article
      Lock icon G-7 cool to idea of expanded role for Russia
      211 7 Reuter OTTAWA On-going efforts by Russia to expand its role at this summer's Group of Seven summit in Canada have so far failed to convince the world's richest nations. But Canadian officials, leading a review of Russia's status before the June
      Reuter  -  211 words
    • Article
      Lock icon German economy shows strong recovery with 3% growth
      231 7 Reuter BONN The German economy showed robust growth of 3 per eent year-on-year in the Fourth quarter of 1994. Ihe Federal Statisties Office yesterday said "fourthquarter figures show that the economy is in a strong recovery phase". The Wiesbaden-based oft ice also
      Reuter  -  231 words
    • Article
      Lock icon Fed funds rate is too low, says former governor
      167 7 Knight-Ridder NEW YORK Former Federal Reserve governor Wayne Angell on Wednesday said the federal funds rate should be nearer to 7 per cent and added that the weak dollar is a clear indication that Fed policy is too loose. "The dollar
      Knight-Ridder  -  167 words
    • Article, Illustration
      Lock icon Clinton strikes out at firms that hire blacklegs
      417 8 AP WASHINGTON Plunging into a new conflict with congressional Republicans, President Bill Clinton on Wednesday issued an executive order authorising the government to cut ofF federal contracts to companies that hire blacklegs or replacement workers during strikes. The order, another sign of
      AP; Reuter  -  417 words
    • Article
      Lock icon Cable TV groups call for US$750m trade penalties against Canada
      234 8 Bloomberg Business News WASHINGTON Several cable television programmers and entertainment groups called on the Clinton administration to impose USS7SO million (SSI.OB billion) of trade penalties against Canada if it does not open up its market to US cable channels. The
      Bloomberg Business News  -  234 words
    • Article
      Lock icon US anxious to head off trade war with Japan
      311 8 Reuter WASHINGTON The US is anxious to avoid a trade fight with Japan over cars and car parts and would like to speed up talks that have been dragging along for nearly two years, a top trade negotiator said on Wednesday.
      Reuter  -  311 words
    • Article
      Lock icon Germany expects environmental talks to fall short of target
      372 8 Reuter BONN A major environmental conference in Berlin later this month is likely to fall far short of its German hosts' goals because many states oppose stronger steps against global warming. Bonn's Environment Minister Angela Merkel said the conference had originally
      Reuter  -  372 words
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      Page 7 Advertisements Column 1
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      Page 7 Advertisements Column 2
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      Page 8 Advertisements Column 2
      242 8 I Behavioural Research International Ptc Ltd Wc conduct a variety of professional training programmes throughout the year. Our forthcoming training and licensing programme on the Mycrs-Briggs Type Indicator (MBTI*) by our Master Trainer will be held in Singapore, Bangkok, and Kuala Lumpur during April. MBTI is a personality indicator based
      242 words
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  • SPORTS
    • Article, Illustration
      Lock icon Canadian, Irish players share lead in M'sian Open
      369 9 Golf Bernama, Reuter KUALA LUMPUR Indian Open champion Jim Rutledge and Irishman Darren Clarke set a sizzling pace with a fiveunder par 67 to share the opening round of the U*****,000 (*****,000) Benson Hedges Malaysian Open Golf Championship here yesterday. Taiwan player
      Bernama,; Reuter  -  369 words
    • Article
      Lock icon West Indies beats Australia by six runs in Barbados
      485 9 AP BRIDGETOWN The West Indies secured an exciting sixrun victory over Australia in the first Cable Wireless oneday international here on Wednesday. Despite David Boon's run-a-ball. unbeaten 85. Australia just fell short of the West Indies' imposing score of 257 all
      AP  -  485 words
    • Article, Illustration
      Lock icon Nippon clinches last spot in challenger semi-finals
      508 9 America's Cup AP SAN DIEGO Nippon is in and France 3 is out, giving the America's Cup a distinctly Pacific Rim flavour. Nippon claimed the last spot in the challenger semifinals on Wednesday by sailing to a 13-second victory over Rioja de Espana.
      AP; Reuter  -  508 words
    • Article
      Show promises to be good but cast could have been stronger
      555 9  -  Singapore Cricket Club Rugby Sevens By Shahiron Sahari SINGAPORE The stands are bigger, the refreshments more varied, the weather probably more agreeable and the sponsors, once again, as forthcoming pity, then, that the cast is not as strong as
      555 words
    • Article, Illustration
      Lock icon Dashing through the snow
      43 9 Reuter CHALVIGNAC, France Competitors of the Paris-Nice cycling race ploughing along under the snow during the fourth stage of the race on Wednesday. Drifting snow twice halted the race and cancelled the fourth stage between Clermont-Ferrand and Chahignac. Reuter
      Reuter  -  43 words
    • SIDE LINES
      • Article, Illustration
        Lock icon The US$26,000 T-shirt
        83 9 Reuter ATLANTA. Georgia This one-of-a-kind 500-Day Centennial Olympic Games T-shirt was auctioned here on Tuesday for U5526.000 (5536.400) to Brad Shuman of San Diego. The previous high for a similar T-shirt was U557.500 at the Lillehammer 1994 Winter Games, where the charity auctions began. From Tuesday until
        Reuter  -  83 words
      • Article
        S'pore water ski contest begins Sunday
        81 9 SINGAPORE The season-opening Bayer Slam-Dunk Ski Championships, organised by the Singapore Water Ski Federation, will be held at the Kallang Riverside Park on Sunday from 9am. Sixty competitors from Singapore, the United States. New Zealand. Australia and Norway will compete in slalom, wake crossing
        81 words
      • Article
        Lock icon Hang corrupt players: Imran Khan
        111 9 AFP SYDNEY Former Pakistan cricket captain Imran Khan wants any of his country men found guilty of taking bribes to be hanged. Under the headline "Salim should hang if he's guilty" in yesterday's Sydney Morning Herald. Imran was quoted in an article, datelined Karachi, as
        AFP  -  111 words
      • Article
        Lock icon Czech skaters win pairs title
        51 9 AFP BIRMINGHAM. England Radka Kovarikova and Rene Novotny of the Czech Republic won the pairs title at the World Figure Skating Championships here on Wednesday. The title holders from Russia, Evgenia Shishkova and Vadim Naumov, were runners-up. It was the first ever Czech pairs win.
        AFP  -  51 words
    • SCORE CARD
      • Article, Illustration
        Basketball
        43 9 NEW YORK NBA on Wednesdav: Atlanta 99 Denver 88: Boston 100 NY 108; Orlando 114 LA Lakers 110: Philadelphia 108 New Jersey 115 (OT): Washington 105 Detroit 114: Minnesota 104 Seattle 118: Utah 114 Dallas 87: Golden State 120 LA Clippers 107.
        43 words
      • Article, Illustration
        Cricket
        244 9 BRIDGETOWN Scoreboard in first one-da> international between West Indies and Australia on Wednesday West Indies: P Simmons c Taylor b Warne 37: S Williams c Hcaly b KcitTcl 11; B Lara c Taylor b Blewett 55; R Richardson run out 9; C Hooper c May b McDcrmott 84: J
        244 words
      • Article, Illustration
        Rugby
        86 9 SINGAPORE SCC Sevens Draw Group A: Davctalcvu (Fiji). Bucks A. Singapore Recreation Club. Lcs Corsaires Tha). B: Valley (HK). Bugis Street Wanderers. Casuarina Cougars (Aust). Grecnndge. C: Durban Harlequins (SA). Kurumi (Jpn). Old Rafflesians Association. RM Police (Mai). D: Pctonc (NZ). Palmyra (Aust). Safsa. Cockerell. F: Norths (Aust). Vikings
        86 words
      • Article, Illustration
        Ice skating
        74 9 BIRMINGHAM. Kngland Fig- ure skating World Championships on Wednesday Men's individual technical programme leaders: 1 Todd Eldrcdgc (US) 0.5 pts 2 Elvis Stojko (Can) 1.0 3 Scott Davis (US) 1.5 4 Alcxci Urmanov (Rus) 2.0 5 Philippe Candeloro (Fra) 2.5. Pairs: 1 Radka KovarikovaRene Novotny (Czc) 1.5 pts
        74 words
      • Article, Illustration
        Tennis
        203 9 INDIAN WELLS, California I SSI.B million (552.6 million) ATP Champions Cup 2nd rd on Wednesday: 5 -Alberto Bcrasategui (Spn) b Fabrice Santoro (Fra) 3-6 6-3 6-4: 8-Todd Martin (US) b Horst Skoff (Gcr) 6-2 6-2; 6-Michael Stich (Ger) b Richey Reneberg (US) 1-6 7-6 (7/4) 6-3; 2-Andre Agassi (US)
        203 words
      • Article, Illustration
        Yachting
        125 9 SAN DIfcGO America's Cup 4th rd trials on Wednesday I>oois N uitton Cup Challenger Series (each victor) worth five points): Nippon (Makato Namba) b Rioja do Lspana (Pedro Campos) by 0:13 mins: One Australia (John Bertrand) b Tag Heuer Challenge (Chris Dickson) by 0:57: Franco 3 (Marc Pajot) b
        125 words
    • Article
      Lock icon Price tees off at Honda Classic with eye on Masters
      282 9 AP FOR I LAUDERDALE. Florida Nick Price, a two-time Player of the Year, begins his run at the Masters this week with the defence of his title in the Honda Classic. Fred Couples does not. Couples, who pulled out of
      AP  -  282 words
  • Page 9 Advertisements
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      917 10 •7Y^M&4ii^'^^NSi^^»^^^^By8^^*MSfcSB^MiB «W. %ar^Ss JT 1 HttflttiI»V .IS g#HK^jiS^b^j(rt^]T*fr!TrjwNP®^^fefii^K9il%Kr^s5 fc#lis "®^^^l BWlB^jr-«^fe^y a MM AA rsiuJgg JBP-rmM J»M»>Jg4>lPpKIjMa; §3£ Isli^BBIlH SMil^WBL^M^^WMH8BBB5flWBi .<ff; JiMjagmt iafc. 3 SKHB^^MH j 1^ t -m m. "B j .▲Jjkml ,-fl > i j. M* m-M-mr •«?'«%<«a jl^'~-• "k The self-contained, 3 ./M i .^fl fully-integrated resort
      917 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      746 11 A BT Special Advertising Feature MT| ALM Resort's 500-acre land will be devel- 1,975 sq ft. The units are being offered from a very oped in 7 phases over 7 years, at a cost of competitive SS108 per sq ft. A about MS600 million. While there will be a total
      746 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1344 12 Nothing Beats A BmL where t wine |ne and entertain OF i bJj L PASTA FRESCA DA SAIVATOft£ PTE LTD WM I *30 Boot Quay, S(0104) (Open 24 hours). Tel: 532 6283/539 3810 V, W P Blk 833 toyeMlle Butt Timah Rd, 101-02A33 5(1027). W: 469 4920/*****73 I 350 Orchard
      1,344 words
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      Page 12 Advertisements Column 2
      72 12 Opice up Marcli at our Indonesian Food Promotion. here will he plenty for every one including hot favourites Ciado-jado, Soto Ayam, Kendan£ Dating, ihan Bumhu Ku|ah and many more. The promotion is available for buffet dinner only at .28.(X1- per adult and 14.(K)»«t per child from 3 to II March
      72 words
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  • LIFESTYLE
    • Article, Illustration
      Of diamonds and Asian artworks
      430 13  -  Susan Tsang checks out some items to he auctioned at Sotheby's in New York and Taipei next month Susan Tsang WESTERN art, as practised by China's early practitioners, and by Western jewellers, will be on display in Singapore this weekend, ahead of two Sotheby's auctions.
      430 words
    • Article
      Intimate approach
      589 13  -  Vivian Wang reviews British pianist Jonathan Plowrighfs solo recital on Wednesday Vivian Wang AN EVENING of familiar favourites on Wednesday at the La Salle-SIA College of the Arts drew a warm, delighted response from the audience present at the recital given by British pianist Jonathan Plowright. The concert,
      589 words
    • Article, Illustration
      Lock icon No 'no' for director Cameron
      268 13 CHATTERBOX UPI UPI JAMES CAMERON doesn't often hear "I can't" from a star being asked to perform a daring stunt in one of his action thrillers such as The Abyss. True Lies and both installments of The Terminator. After all. Cameron doesn't ask his actors
      UPI  -  268 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      233 13 WHERE TO WINE, OINE AND ENTERTAIN (ttatntlftll jitoak pfnuse Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1150+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 Japanese Buffet Lunck wi+K Suski
      233 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1038 13 TV RADIO sew I Men Barkin. in this —rrr-- 1989 thriller. John Goodman Modern-day siren hllen Barkin lures lonely cop Al Pacino gives good support. ,nto the Sea °f Love > 11 P m Ch 5 P,h«nneJ 12 7.00 Good Morning Singapore. 11.30 Hiburan Nora. 8.30 Charlie Brown Special. 12.30
      1,038 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      No-frills, no-brands merchandise, anyone?
      571 14  -  Corinne Kerk previews Muji, a store that sells only back-to-basics goods Corinne Kerk A REVOLUTIONARY retail concept is about to take off here next month selling merchandise which do not carry any brand. Yes, Japanese retailer Muji has set up shop in Singapore to woo shoppers
      571 words
    • Article
      Changes at the top in BM
      189 14 INTERNATIONAL public relations firm Burson-Mar-steller last night announced changes in its leadership. Tom Bell, who left the firm a year ago, will rejoin on May 1 as president and chief executive. He replaces Larry Snoddon, who will become Young and Rubicam's vice-chairman on the
      189 words
    • Article
      Lock icon Japanese and European firms eyeing Saatchi?
      146 14 Reuter GLOBAL advertising group Saatchi and Saatchi, after losing major clients in a messy fight with its ousted former chairman, is the target of merger talk and asset sale speculation, say market sources. "Japanese and European buyers have been kicking the tyres," said one
      Reuter  -  146 words
    • Article, Illustration
      Lock icon A taste for porcelain of the expensive kind
      406 14  -  Arti Mulchand views a Wedeewood collection Arti Mulchand FANCY paving more than 5533.000 for a vase. Or perhaps 552,000 for a plate. For the more culturally rich, or perhaps the more financially equipped among us, Waterford Wedgewood presents its latest bicentenary collection.
      Picture by Chris Loh  -  406 words
    • Article, Illustration
      Lock icon Private labels the target of brand war
      789 15 National names fighting hard to regain their market shares Bloomberg Business News THERE'S more to Coca-Cola Co's reemphasis of its classic hour-glass bottle than some green-tinted memories. Proprietary packaging is just the most recently unsheathed weapon in a war as bitter as any
      Bloomberg Business News  -  789 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      6 14 Ifwfiiiiwr i* Hr,* r j>. ff^cm^
      6 words
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      Page 14 Advertisements Column 2
      142 14 SUSHI BAR PROMOTION Eat-As-Much-As-You-Like $38 Per Person |fl SAKE (Salmon) SUZUKI (Sea /rt/4 (Cuttlefish) TOKO (Octopus) Jtty AOYAGI (Round Clam) t| AKAGAI IBM .FBI (Frawn P|HpPr |J TOBI KO (Hying Fish Roe) HiSfe (Eel Hand Roll) CALIFORNIA (Avocado Crab L A /4/so GARDEN mr fresh salad, soup MAC HA ICE
      142 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      185 15 in conjunction with Asean furniture 95 I OFFICE] If your business is in the furniture industry, the International Furniture Fair Singapore (IFFS)/Asean Furniture Show (AFS) *95 is the exhibition not to be missedl Open exclusively to ASEAN FURNITURE 95 ra<^e v s 't° rs (except today, 2pm 6pm, when it's
      185 words
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      Page 15 Advertisements Column 2
      407 15 PRESENTS YAP I jfcI&KKM j i b <£HO'»A VJL. I APRIL 1995 SINGAPORE INDOOR STADIUM 8:00 PM Tickets at $75. $55. S4O and 525. Special FamiK Package: Minimum purchase ot 4 concert tickets at S3O each (Normal price S4O). Limited Seats Only! Tickets are available now at all SISTIC outlets.
      407 words
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  • Article
    Lessons on cavalier controls
    598 16 EDITORIAL THE Barings collapsc was first thought to be the result of a desperate act of a lone "rogue trader" in Singapore, 28-year-old Nick Lceson, who made wrong market calls on a humongous scale, and who then panicked and brought the whole house down. A few
    598 words
  • WHAT THE OTHERS SAY
    • Article
      Lock icon Action speaks louder than words
      348 16 The Straits Times March 9 MALAYSIA'S POSITION on Apec, the Asia-Pacific Economic Cooperation forum, and open trade among its 18 members is well known: it is all for tariff cuts and removal of non-tariff barriers but will not be tied down by commonly-imposed deadlines; it
      The Straits Times March 9  -  348 words
    • Article
      Internal controls the key
      79 16  -  Berita Harian THE FALL of a prestigious British merchant bank. Barings, is a grave lesson to financial institutions as well as nations. It was not the work of just one person, Nicholas Leeson, but rather the lack of internal controls within the 233-year-old bank. This is
      79 words
    • Article
      Better S'pore-Vietnam ties
      132 16  -  Lianhe Zaobao ECONOMIC REFORMS and openness in Vietnam were once viewed as having even greater potential than in China. However, its development slowed down in recent years, a sign that many bureaucratic problems remained to be solved in the communist country. The administrative red tape and lack
      132 words
    • Article
      Lock icon Understand the problems
      111 16 Malaysian Business Times March 8 IT IS unrealistic to hope for any solution to the imbalance in the world, between the rich and the poor, to arise from the Social Summit. The best that Malaysia can hope for is for it to share some of its experiences
      Malaysian Business Times March 8  -  111 words
    • Article
      Lock icon The World Bank must help
      154 16 The Nation March 7 THE AIM of the Social Summit in Copenhagen is to reduce poverty worldwide, create jobs and ease the social integration of millions of people excluded from normal society, such as the growing legions of the homeless in many countries. To fight
      The Nation March 7  -  154 words
    • Article
      Lock icon Alleviate the Iraqis' suffering
      116 16 The Jakarta Post March 7 AS WE APPROACH the date when the UN Security Council is to review the four-year-old oil sanctions against Iraq, the United States the chief architect of the embargo on Baghdad has been actively lobbying members of the Security Council to support
      The Jakarta Post March 7  -  116 words
  • Article, Illustration
    The changing face of Indonesian agriculture
    955 16  -  As the economy grows, incomes rise and new food tastes develop, Indonesia is having to set new priorities for agricultural land use. Maggie Ford reports Maggie Ford The writer is a Jakarta-based journalist who contributes to BT WHEN President Suharto last month announced the
    955 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      268 16 BUSINESS TIMES NOTICES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 THE COMPANIES ACT, CAP. SO MARINE FARMS (SINGAPORE) PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of (he members of (he abovenamed company duly convened and held at 10 Anson Road. #13-12 International Pla/a. Singapore 0207 on (he 7th day
      268 words
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      Page 16 Advertisements Column 2
      240 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF M.P.EVANS (FAR EAST) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION! FINAL MEETING NOTICF. IS HERF.BY GIVEN. pursuant lo Section 308 of the Companies Act. Chapter 50. that the FINAL MEETING of the members of the abovenamed Company
      240 words
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      Page 16 Advertisements Column 3
      305 16 11 THE MATTER OF THE COMPANIES ACT, CAP. SO AM M TNI MATTER OF TAJ LUKE ENTERPRISE PTE ITS (ta Maofesra' Votaatary Uqaldatloa) Notice is hereby given that I* creditors ot the abovenamed company, which is being voluntarily wound up. are required on or before 10th April 1995 lo send
      305 words
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      Page 16 Advertisements Column 4
      352 16 THE COMPANIES ACT. 1 CHAPTERM SECTION 290(2)(8) NOTICE Of RESOLUTION MARTIN PROCESSING (ASIA PACIFIC) PTE LTD (IN MEMBERSVOLUNTARY UOUIOATION) At an Extraordinary General Meeting of MarDn Processing (Asia Pacific) Pte Ltd held at 6 Battery Road, #32-00. Singapore 0104 on the 7th day of March 1995, the foUovwng special resolutions
      352 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      42 16 fioupcr eoureEoes) /ue s«m?L>( Eon up p>nd douw T We. JJC.T COWfLereD VTtP*CCL? Vg- tsJ PI£SS M*t£s of Ccgg'PQgS TRwNirJG &O*T\C O-teSTeR /twgjzcJS fJO -feRRV y \1 «OOT6. J iffil A# r C ASSOCIATf 0 MfWVAffUS LTD. IM2-IM9 W3 DOONESBURY GARRY TRUDEAU
      42 words
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  • ANALYSIS
    • Article, Illustration
      Here's looking at you, China — ambivalently
      1488 17  - Here's looking at you, China ambivalently Leon Hadar finds two Pentagon reports painting a picture of China as a likely post-Cold War ogre, even as Clinton administration officials use soothing tones. In the accompanying piece, Kevin Sullivan examines Asia's love-hate relationship with American forces Leon Hadar Kevin Sullivan The writer
      1,488 words
    • Article
      Nice having you around, Uncle Sam, but...
      1067 17 Representatives of the Chinese arms manufacturer, North Industries Corporation (Norinco), are in Manila this week, seeking a lucrative share of the Philippines' 50 billion peso (552.7 billion) programme to acquire weapons, aircraft and ships over the next five years. Norinco is offering Manila
      1,067 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      167 17 WtfM&t* *>'' i 1 HL^klwnE.i T '•i,;.-^ TOKYO SET DINNER Senbazuru is proud to offer our Tokyo Set Dinner, a lavish affair promising the best of Japanese cuisine. At only $90 for two, dinner is served in beautiful lacquered boxes... Take the lid off to a host of gastronomic treats
      167 words
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  • Article, Illustration
    Lock icon Greenback crisis will benefit South-east Asian exporters
    610 18  -  From Neil Behrmann in LONDON SOUTH-EAST ASIAN exporters should get on the next plane and aggressively sell their products to European corporations. The reason? Asian currencies, with the exception of the yen, are linked to the weak US dollar. The dollar crisis could
    Reuter  -  610 words
  • Article
    Lock icon American wholesale sales fell 1.1% in January
    361 18 Reuter WASHINGTON Sales at the wholesale level took their biggest tumble in more than lto years in January, while stocks of unsold goods kept rising, the Commerce Department said yesterday. Total sales by merchant wholesalers dropped 1.1 per cent to a seasonally adjusted
    Reuter  -  361 words
  • Article
    Lock icon SG Warburg sacks 90 in derivatives section
    304 18 AFP, Bloomberg Business News Reuter, LONDON SG Warburg, Britain's leading merchant bank, has sacked 90 people in its derivatives section, based in London, Tokyo and Chicago, the bank said yesterday. But the investment bank denied it was in difficulty in futures trading in
    AFP,; Bloomberg Business News; Reuter,  -  304 words
  • Article
    Lock icon Yeltsin, IMF chief to sign US$6.4b loan accord today
    282 18 Reuter MOSCOW Russian President Boris Yeltsin and IMF managing director Michel Camdessus will sign a joint policy statement today on a US$6.4 billion (Ss9.l billion) standby loan. Russia's deputy finance minister said yesterday. Agreement on the loan after months of difficult
    Reuter  -  282 words
  • Article, Illustration
    Overlay of East-West rivalry in Barings debacle
    880 18  -  The Bottom Line TYE KIM KHIAT TYE KIM KHIAT The writer is a BT journalist THE coverage of the Barings debacle in the world media carries some of the same Western moralistic overtones of the Michael Fay affair which grabbed world headlines late
    880 words
  • Article
    Lock icon Credit Lyonnais' loss may hit 10b francs
    137 18 Reuter PARIS State-owned bank Credit Lyonnais is likely to post a loss of around 9 billion francs (552.5 billion) to 10 billion francs for 1994. The business daily Lm tribune Desfosses yesterday said a state rescue for the bank had been ready for
    Reuter  -  137 words
  • Article
    Lock icon China's central bank to probe 1,000 financial companies
    245 18 Bloomberg Business News BEIJING China's central bank plans to investigate 1,000 financial companies by the end of this year in an effort to root out illegal practices, the official China Securities reported yesterday. At a recent national meeting on supervision of the
    Bloomberg Business News  -  245 words
  • Article
    Lock icon International network boosts ABN Amro's profit by 13.4%
    169 18 Reuter AMSTERDAM ABN Amro NV, the biggest Dutch banking group which lost out in the bidding for the bankrupt Barings group, yesterday said its 1994 net profit rose by over 13 per cent, mainly due to strong growth through the group's international
    Reuter  -  169 words
  • Page 18 Advertisements
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  • COMPANIES & MARKETS
    • Article
      ACPI set to clinch M$200m contract for light rail project
      404 19  -  From Ruth Wong in KUALA LUMPUR NEWLY-LISTED ACP Industries Bhd (ACPI), a materials firm with close links to tycoon Halim Saad's Renong Bhd, is set to clinch a multimillion dollar contract for the second phase of Malaysia's Light Rail Transit
      404 words
    • Article, Illustration
      Gleneagles plans hospital in all major Indon cities
      466 19  -  By Jenny Lam SINGAPORE The Gleneagles group hopes to have a hospital in every major city in Indonesia in the long term, according to Ronnie Tan, business development director of Gleneagles International (GI). For starters, he said that GI, the overseas healthcare
      466 words
    • Article
      Full steam ahead for Keppel Corp
      812 19  -  HOCK LOCK SIEW By Amy Balan SINGAPORE Back in 1989/1990, when news reports were still referring to Keppel Corporation as a marine-based group, the company's public relations manager would call up the news editors and insist that the company be described as a conglomerate.
      812 words
    • Article
      Lock icon Sime Darby on track for M$1b pre-tax this year
      500 19 Bloomberg Business News KUALA LUMPUR Sime Darby Bhd, Malaysia's biggest conglomerate, is expected to surpass MS I billion (SSSSO million) in pre-tax earnings this financial year, spurred by rising palm oil prices and its merger with Consolidated Plantations Bhd. The company
      Bloomberg Business News  -  500 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD Firm
        48 19 Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled Alliance, Credit Lyonnais Securities. Datwa. h'raser. GK Goh, Kay Hian, Morgan Grenfell, OngCo, Nomura. Phillip. Smith New Court, Wl Carr and SG Warburg.
        48 words
      • Article, Illustration
        HOT STOCK
        90 19  -  Quak Hiang Whai IDRIS Hydraulic surged by 13 cents yesterday, but it still looks like a reasonable buy, given the slightly bullish indicators in the daily charts. Daily RSI is moving up from 25 while weekly and monthly RSI are neutral. The nineday moving average appears to be
        90 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Jardine states asset backing
          51 20 SINGAPORE Jardine Strategic Holdings said yesterday its unaudited net asset backing per ordinary share was US$5.9O (558.37) on Feb 28, 1995. On a fully diluted basis, assuming conversion of all outstanding 601,099 convertible preference shares into 193.85 million shares, net assets per share would have been
          51 words
        • Article
          Liang Court boosts subsidiary
          44 20 SINGAPORE Liang Court Holdings has increased raised the capital of its wholly owned subsidiary Liang Court Hospitality (Singapore) from one share of $1 to 100,000 shares of $1 each. Liang Court said the injection was to provide additional working capital.
          44 words
        • Article
          OUB arm gives update
          24 20 SINGAPORE Overseas Union Securities said yesterday its unaudited net tangible asset backing per share was $2.90 on Feb 28, 1995.
          24 words
        • Article
          Lock icon Rothmans (M) to pay special dividend
          97 20 Bloomberg Business News KUALA LUMPUR Rothmans of Pall Mall (Malaysia) will pay a special dividend of M 51.25 ($0.70) a share for the financial year to March 31, 1995. The dividend is payable on April 26 to shareholders registered by April 7. It is
          Bloomberg Business News  -  97 words
        • Article
          Lock icon Dusit Thani lifts 4Q profit 52%
          37 20 Bloomberg Business News BANGKOK Thailand's largest hotel company, Dusit Thani, lifted consolidated profit 51.6 per cent to 37.3 million baht (SS2.I million) in its fourth quarter to Dec 31, 1994. Bloomberg
          Bloomberg Business News  -  37 words
        • Article
          Corrections and clarifications
          38 20 IN OUR report "Noel suffers interim loss of $260,000", we said the group's share of losses of associated companies was $350,000. The share of losses was, in fact, $71,000. We are sorry for the error.
          38 words
      • Article
        Untitled
        542 20 Payment Ex Books Pay date close date ABR Hldgs 5« F 18 Jun 13 Jun 19 Jun 30 Avimo 2V F 12.5TE Mar 1 Mar 7 Apr 15 Aztech 5' b 20TE May 11 May 16 May 31 BAT 21' F 4.14N Mar 20 Mar 24 Apr 6 Bcrgcr Intl
        542 words
      • Article
        Lock icon Malaysia's IJM tendering for two highway projects in Chile
        264 20 MBT KUALA LUMPUR Construction company IJM Corp Bhd is moving into Chile's construction sector by tendering for two highway projects in the South American nation. Managing director Goh Chye Keat told reporters after the company's extraordinary general meeting in Petaling Jaya
        MBT  -  264 words
      • Article
        Lock icon Fort Bonifacio development to start by mid-1996
        156 20 AFP MANILA Winning bidders of the Fort Bonifacio prime property at last January's Philippine government land auction hope to begin developing the land by mid-1996, an adviser to the consortium said yesterday. The group is led by Metro Pacific Corp, a local subsidiary
        AFP  -  156 words
      • Article
        Lock icon Indonesia's Bimantara Citra plans to go public
        355 20 Reuter JAKARTA Indonesia's PT Bimantara Citra, controlled by President Suharto's son Bambang Trihatmodjo. plans to float its holding company and some 27 member companies separately on the local stock exchange. "Yes, we are planning to go public but now's not the best time
        Reuter  -  355 words
      • Article, Illustration
        Lock icon CCB to strengthen after-sales service
        296 20 Bernama KUALA LUMPUR Cycle and Carriage Bintang Bhd (CCB), the local franchise holder of Mercedes Benz and Mazda cars, is strengthening its af-ter-sales service. This is being done in view of fluctuating car sales, CCB managing director Mohamed Haji Hasan told reporters at the launch
        Bernama  -  296 words
      • Article
        Lock icon L & G unit to invest in Aussie group
        156 20 L G unit to invest in Aussie group Bernama KUALA LUMPUR Odin Mining and Investment Co Ltd of Australia, a Land and General Bhd subsidiary, has proposed to acquire certain assets of the Fenning Group of Australia. An Odin statement released by Land and General here yesterday said no document
        Bernama  -  156 words
      • Article
        Lock icon Yen's surge could hit profits of Malaysian motor companies
        312 20 Reuter KUALA LUMPUR Malaysia's motor stocks, hit in January by worries about parts disruptions from quake-hit Kobe port, could face further earnings pressure from the surging yen. analysts said yesterday. The yen's sharp climb against the ringgit will lead to cost
        Reuter  -  312 words
      • Article
        Lock icon Bangkok Bank leads advisory team on power plant purchase
        356 20 Bloomberg Business News BANGKOK The Electricity Generating Co. or Egcomp. appointed a group of five tinaneial institutions as advisers for the purchase from the government of a power plant in southern Thailand. The estimated value of the plant, with a total
        Bloomberg Business News  -  356 words
      • Article
        Lock icon Kramat Tin revises bonus issue to 10-for-1
        129 20 Bernama KUALA LUMPUR Kramat Tin Dredging Bhd has revised its proposed six-for-one bonus issue to a 10-for-one bonus issue of 128.71 million shares of MSI each held after its proposed restricted offer for sale. A Kramat Tin statement yesterday said its proposed subscription
        Bernama  -  129 words
      • Article
        Untitled
        582 20 Managers prica* Mar 10 us Gr Fund 0.95 0 98" Singapore Unit Trust U06 Asset Mgt Ltd The ommcnv 158 1.67 Unifund 1.31 1.37 The Savings Fund 1.41 l.49vl I nihond 1.015 1.045 S'pore Prog Fund 0.57 0.61 United Gr Fund! 1.55 1.61 Spore Six Fund 0.92 0.98 I nilcd
        582 words
      • Article
        Gordon Wu set to revive China power projects
        470 21  -  By S N Vasuki SINGAPORE Hongkong tycoon Gordon Wu plans to revive 12 China power projects that his company Consolidated Electric Power Asia (CEPA) shelved more than 16 months ago. He said yesterday China had "back-pedalled" on its rigid power policy and
        470 words
      • COMPANY BRIEFS
        • Article
          Lock icon German firms opt for OS/2 Warp
          81 21 Reuter HANOVER, Germany IBM, the world's biggest computer maker, said yesterday it has won a major order for its latest computer software from several big German banks and companies, among them Germany's biggest bank Deutsche Bank. They have placed big orders for IBM's OS/2
          Reuter  -  81 words
        • Article
          Lock icon Daiwa ups recurring profits forecast
          88 21 Knight-Ridder TOKYO Recurring profits of 547 major Japanese corporations listed in the first section on the Tokyo Stock Exchange, will likely rise 20.1 per cent in fiscal 1995-96 (April-March), Daiwa Research Institute announced yesterday. The new forecast is higher than the forecast announced by the
          Knight-Ridder  -  88 words
        • Article
          Lock icon Westinghouse sells waste unit
          79 21 Bloomberg Business News PITTSBURGH Westinghouse Electric Corp said it will sell Aptus Inc, a subsidiary that incinerates hazardous waste, to Rollins Environmental Services Inc for US$l35 million (S$ 195.7 million) in cash and securities, US$25 million less than the previously announced price. The sale at approximately
          Bloomberg Business News  -  79 words
        • Article, Illustration
          Lock icon Estee Lauder's new face
          53 21 AFP NEW YORK Leonard Lauder, president and chief executive officer of Estee Lauder, and British actress Elizabeth Hurley at a press presentation here on Wednesday launching Ms Hurley as Estee Lauder's new signature face. The 29-year-old actress will appear in the cosmetic company's advertising worldwide beginning
          AFP  -  53 words
        • Article
          Lock icon Siemens-Nixdorf's profit up 9%
          60 21 Bloomberg Business News HANOVER, Germany Siemens-Nixdorf Informationssysteme AG said sales during the first five months of fiscal 1995 to Feb 28 rose 9 per cent as new orders rose 18 per cent. Gerhard Schulmeyer, Siemens-Nixdorf chief executive, said the figures show the fully-owned subsidiary of Siemens
          Bloomberg Business News  -  60 words
        • Article
          Lock icon Toa Steel sees first full-year loss
          92 21 Bloomberg Business News TOKYO Toa Steel is expected to post a 4.5 billion yen (Ss7l million) current loss in the fiscal year ending March 31, 1995, hit by a rise in scrap iron prices, Jiji Press Agency reported yesterday. The expected loss is Toa
          Bloomberg Business News  -  92 words
      • Article
        Lock icon Citic chairman tipped to step down this weekend
        389 21 Reuter BEIJING The board chairman of China's overseas flagship China International Trust and Investment Corp is set to step down at a weekend board meeting and be replaced by the president, Wang Jun. Western business sources close to the company yesterday said
        Reuter  -  389 words
      • Article
        Lock icon Analysts expect sluggish growth for Cathay Pacific
        265 21 Reuter HONGKONG Cathay Pacific, hit by Taiwan's ban on tours to mainland China last year, will post meagre net profit growth of 1.4 to 6.1 per cent when it announces its 1994 results next week, aviation analysts here said yesterday. The Hongkong airline
        Reuter  -  265 words
      • Article
        Lock icon Hongkong Electric's profit up 14%, sparked by higher sales
        243 21 Bloomberg Business News HONGKONG Hongkong Electric Holdings Ltd yesterday said 1994 net profit rose 13.85 per cent, thanks to rising electricity sales and earnings from real estate. Bolstered by a 6.5 per cent rise in electricity sales, profit attributable to shareholders
        Bloomberg Business News  -  243 words
      • Article
        Lock icon Australia's BTR Nylex registers 25% profit rise
        327 21 Reuter MELBOURNE Australian industrial conglomerate BTR Nylex Ltd has posted a rise of 25 per cent in operating profit for calendar 1994, and expects continued growth this year. "The favourable economic environment supported by increased capacity provides a sound basis for continued growth
        Reuter  -  327 words
      • Article, Illustration
        Lock icon News Corp, Telstra in pay TV deal
        327 21 AFP SYDNEY Rupert Murdoch's News Corp and stateowned telecommunications group Telstra yesterday announced a deal to start providing pay television in Australia in the second half of this year. Their joint venture company, Foxtel. will begin operations after the two companies agree to
        AFP; Reuter  -  327 words
      • Article
        Lock icon Toys R Us sees profit growth winding down as competition hots up
        406 22 Reuter PARAMUS, New Jersey Toys R Us Inc has reported higher earnings for the fourth quarter and all of 1994 but unveiled a costly new plan to fight tough competition in the industry that will slow its earnings
        Reuter  -  406 words
      • Article
        Lock icon Glaxo wins 81.6% of Wellcome shares; merged firm to start in May
        285 22 Reuter, Bloomberg Business News LONDON Glaxo pic yesterday confirmed its victory in Britain's biggest ever takeover, announcing it had secured 81.57 per cent of the shares in bid target Wellcome pic by Wednesday. Glaxo Wellcome pic, the new
        Reuter,; Bloomberg Business News  -  285 words
      • Article, Illustration
        Lock icon Introducing the new Compaqs
        41 22 Reuter NEW YORK Compaq Computer Corp CEO Eckhard Pfeifler announcing a new line of PCs at a news conference here on Wednesday. Compaq, the world's largest PC maker, has meanwhile lowered prices of its existing models. Reuter
        Reuter  -  41 words
      • Article
        Lock icon Rolls-Royce straps in for rough market ride
        346 22 Reuter LONDON Rolls-Royce pic said it was in good shape to cope with poor market conditions set to continue in its two main businesses of aeroengines and industrial power until 1996 at the earliest, but cost-cutting would continue. "While the markets are tough
        Reuter  -  346 words
      • Article
        Lock icon Commercial Union pre-tax jumps 90% to £402m
        402 22 Bloomberg Business News LONDON Commercial Union pic, the largest UK life and general insurer, yesterday said 1994 pre-tax profit almost doubled to £402 million (SS9I2 million), fuelled by gains in all business areas and its acquisition of a French insurance company. London-based Commercial
        Bloomberg Business News  -  402 words
      • Article
        Lock icon Looking for Dram chips? Try Korea
        159 22 AFP SEOUL South Korea's three major chip makers emerged together as the world's largest supplier of dynamic random access memory (Dram) chips last year, the Korea Trade Promotion Corp (Kotra) said yesterday. The three Samsung, LG and Hyundai cornered 22.3 per cent of the
        AFP  -  159 words
      • Article
        Lock icon Quaker Oats to take 4th-qtr charge of up to US$90m
        457 22 Bloomberg Business News CHICAGO Quaker Oats Co yesterday said it would take a fiscal fourth-quarter charge of USS7S million (SSIO6 million) to USS9O million as it realigns its food and beverage businesses pending the sale of its pet-foods operation. In
        Bloomberg Business News  -  457 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Leeson likely to appear before judge today
        339 23 Bloomberg Business News AP Reuter, FRANKFURT Jailed futures trader Nick Leeson would probably appear before a judge today to argue against his extradition to Singapore, his lawyer and the state prosecutor said yesterday. The disclosure came a day after Leeson's lawyers told a
        Bloomberg Business News; AP; Reuter,  -  339 words
      • Article
        Lock icon HK awaits ING plans before lifting Barings suspension
        388 23 Bloomberg Business News HONGKONG The Stock Exchange of Hongkong has demanded details of Internationale Nederlanden Groep NV's purchase of the collapsed Barings pic before letting the UK firm resume trading in the territory. Exchange executives and regulators said ING must detail the
        Bloomberg Business News  -  388 words
      • Article, Illustration
        Lock icon All Asian operations will be continued, confirms ING
        822 23  -  The Barings Debacle From Anthony Rowley in TOKYO CEES MAAS, a main board director of Internationale Nederlanden Group (ING) Bank, confirmed last night that all the Asian operations of the Barings group including those in Japan and Singapore will be continued, though
        Reuter  -  822 words
      • Article
        Bangkok to push on with plans for a futures and options exchange
        454 23  -  From Loh Hui Yin in BANGKOK THAILAND will press ahead with its plans to set up a futures and options exchange which will trade in derivative products despite the Barings disaster. "It's here to stay, you can't run
        454 words
      • Article
        Factoring volume in S'pore up 50% last year
        424 23  -  By Quak Hiang Whai SINGAPORE Factoring volumes in Singapore surged 50 per cent to US$l.9 billion (552.7 billion) last year mainly on the strength of domestic demand. Domestic factoring accounted for US$l.7 billion while international factoring, US$2OO million, figures from Factors Chain
        424 words
      • Article
        Moody's opens office in S'pore
        227 23 SINGAPORE Global credit rating agency Moody's Investors Services formally opened an office in Singapore yesterday the first such agency to do so. The office is the American firm's fourth in the Asia-Pacif-ic, after Tokyo, Hongkong and Sydney. It will be headed by a manager. Patrick
        227 words
      • Article
        Lock icon US life insurers face tougher rules on mortgage securities
        399 24 Reuter NEW YORK State insurance commissioners, fearful of another wave of insurance company failures prompted by real estate investments, are expected to toughen rules for life insurers investing in some types of mortgage-based securities. Regulators at the upcoming National Association of
        Reuter  -  399 words
      • Article
        Lock icon Asia-Pac will grow more dependent on M-E oil, forum told
        350 24 AFP MANILA Rapid oil consumption and dwindling production in the Asia-Pacific will increase the region's dependency on oil from the Middle East, an industry scholar said here. Fereidun Fesharaki, director of the resources programme of the Honolulu-based EastWest Centre, said
        AFP  -  350 words
      • Article, Illustration
        Lock icon Processing the key to keeping M'sian cocoa industry afloat
        437 24 Knight-Ridder SINGAPORE Malaysia's industrialisation programme and its move to cut its reliance on raw commodities exports may, ironically, be the only way to save its cocoa industry from further decline. An expanded processing industry which adds value to cocoa output will
        Knight-Ridder  -  437 words
      • Article
        Lock icon Anadarko raises estimates of Algerian oil reserves
        549 24 Company discovers fifth oil and natural gas field Platts NEW YORK Anadarko Petroleum Corp hiked its estimate on potential reserves at its Algerian acreage to a range of 850 million to 1.25 billion bbl as the company announced on Wednesday its fifth oil
        Platts  -  549 words
      • Article
        Lock icon Shanghai firm is China's first private concern to issue bonds
        192 24 Reuter SHANGHAI A Shanghai company has become the first private firm in China to issue bonds. Shanghai Pingjie Marine Products Co Ltd has issued five million yuan (*****.000) in six-month corporate bonds, a company spokesman said yesterday. The issue was
        Reuter  -  192 words
      • Article
        Lock icon Iraqi oil conference lures Western firms
        336 24 COMMODITY REPORTS Reuter BAGHDAD Some 250 energy industry specialists are expected to attend a conference this week in Iraq, a country where petrol is cheaper than water but a dozen eggs cost a week's salary. Iraq's oil wealth, estimated as the world's second largest
        Reuter  -  336 words
      • Article
        Lock icon Falling volumes force merger of 3 Japanese commodity exchanges
        161 24 Reuter TOKYO Three commodity exchanges located in central Japan the Nagoya Textile Exchange. the Nagoya Grain and Sugar Exchange and the Toyohashi Dry Cocoon Exchange have decided to merge into a single market by autumn. The falling trading volume and market
        Reuter  -  161 words
      • Article
        Lock icon Currency Reports: London
        282 24 AFP LONDON The dollar shed part of its early-morning gains by yesterday afternoon on the London foreign exchange market. but dealers said the greenback was still basically stable 24 hours ahead of release of US employment figures which are closely followed by forex dealers. The dollar rose
        AFP  -  282 words
      • Article, Illustration
        Untitled
        1765 24 IrtkJe /ikA't <u/i ulalnl afu/nw S'ptwe'i hi/' 14 liaJinf /vrineis Huh ntr /<«.< US$/S$ forward rates Noon /Mar 9 s$ Bid Offer I-month 1416} ***** monlh ***** I 4131 3-month I I 4091 6-HKWIh 1 3973 I 3993 StHinr (X H( Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9aw
        1,765 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollar end mixed
        1430 25 SIMEX REPORT Reuter SINGAPORE Euroyen and Eurodollar futures ended a session of US dollar-watching mixed, with investors reluctant to stray too far in case of further dollar gyrations. The March Euroyen contract, which expired yesterday, ended at 97.78 against 97.81 and the September contract was steady
        Reuter  -  1,430 words
      • Article
        Tin surges 76 sen to close at M$14.20
        666 25 COMMODITY REPORTS KL Tin TIN price closed at MS 14.20 per kg after rising 76 sen in tandem with the bullish performance on the LME overnight. Three-month metal rose US$l2O to U555.630 per tonne on the LME in sympathy with the stronger
        666 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          India set for record sugar output
          68 25 NEW DELHI India's white sugar output in 1994-95 (Oct-Sep) may touch 13.5 million tonnes, a senior sugar industry official said yesterday. This would be more than the record production of 13.4 million in the 1991-92 season. The official said production up to February has
          68 words
        • Article
          Demand for gold in India rises
          63 25 NEW DELHI India's demand for gold rose to 415 tonnes in 1994 from 405.4 a year earlier, the Pioneer newspaper said yesterday. A dispatch from Dubai quoted the World Gold Council as saying the Indian demand in the first quarter of 1994 witnessed a
          63 words
        • Article
          Cool weather delays cotton harvest
          86 25 SYDNEY Australia's 1994-95 (July-June) cotton harvest has started in the Emerald district, but picking in the major New South Wales regions will be delayed by cool, cloudy weather, traders said. Some traders are now forecasting the cotton crop will produce 1.3 million bales, compared with
          86 words
        • Article
          M'sia sells more palm oil
          39 25 KUALA LUMPUR Malaysian plantations' sales of raw palm oil in the cash market surged to 15.900 tonnes on Wednesday from 4,260 the previous day, according to data from the Malaysian Oil Palm Growers' Council.
          39 words
        • Article
          Indonesia ups palm oil export tax
          34 25 KUALA LUMPUR Indonesia has raised palm oil export taxes for March shipments, according to traders here. The increases range from US$6.6B to USSS2S.6O per tonne compared with February.
          34 words
    • Article
      COMMODITY PRICES
      1500 25 SICOM Futures Mar 9 Rubber (futures dosing as at 5.30pm) RSS I Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Apr 95 257.50 257.50 257.50 ilo iloo May 263.50 256.00 256 00 200 2625 Jun 254.00 254.00 254.00 100 2275 Jul/Sep 257.75 249.50 252.00
      1,500 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1075 26 -5.7 FEARS of rising interest rates and concerns over the local dollar led shares to a lower close. The All Ordinaries Index closed at 1,877.5 points, down 5.7. The All Industrials retreated 2.7 to 2,811.0, while the All Resources fell 8.3 to 1.172.3 Turnover was 142.9 million shares worth
        1,075 words
      • Article
        Manila
        636 26 -41.72 Stocks fell 1.73 per cent, influenced by a general downturn in the world equity markets. The PSE Index lost 41.72 points to end at 2,370.06. Turnover was 1.77 billion shares valued at 1.16 billion pesos. US interest rate fears and the fact that world markets were all down
        636 words
      • Article
        Taipei
        550 26 -37.71 Stocks remained bearish in light trading, with cement and food shares hardest hit. The 422-issue Weighted Price Index declined 37.71 points to close at 6,388.36. Turnover was 701 million shares worth NT528.15 billion. The market opened slightly higher, but steadily lost steam towards the end of the session.
        550 words
      • Article
        Seoul
        419 26 +3.68 Share prices extended an upward march for the seventh straight day, boosted by anticipated benefits from the strong yen and the stabilisation of interest rates. The Composite Price Index finished at 943.76 points, up 3.68. Turnover was 27.32 million shares worth 546.24 billion won. Falls outweighed rises 398
        419 words
      • Article
        New Zealand
        377 26 +7.60 Shares finished stronger but down from intra-day highs as earlier enthusiasm stemming from a recovery on Wall Street ebbed in late trade and gave way to mere cautious optimism. Teleeom was once again the star performer, adding nine cents to NZ55.53 in volume topping 1.6 million shares.
        377 words
      • Article
        Bombay
        121 26 -5.90 Lack of adequate buying support towards the end of the trading session combined with mild selling pressure from speculators took share prices a shade lower. The 30-share BSE Index closed 5.90 points down at 3,475.09 while the 100-share National Index fell 1.95 to 1,687.75. "The market is firm
        121 words
    • WORLD STOCK MARKETS
      • Article
        Zurich
        232 26 -54.2 Swiss shares plunged more than 2 per cent in active trade after the weak dollar induced major selling by foreign investors which cashed in on currency-relat-ed profits. The dollar would determine the market's future development, dealers said. The SPI Index closed down 28.30 to 1,619.42. The SMI Index
        232 words
      • Article
        Milan
        168 26 -139 Italian stocks fell for a third day on concern the weak dollar will undermine corporate earnings and the lira. Bonds were steady, tracking the German market. "We had a brief respite this morning, but basically fears are mounting that the weak dollar will create problems for European economies,"
        168 words
      • Article
        Amsterdam
        266 26 -3.28 Dutch stocks closed lower for a fifth day after the dollar resumed its slide, renewing concern that corporate earnings of international companies will be hurt. The EOE Index climbed as high as 399.35 in the first hour of trading but fell back to close 3.28 points lower at
        266 words
      • Article
        Stockholm
        126 26 -6.2 Swedish shares were stronger at midday on lower interest rates and a more stable crown, but lost these gains in early afternoon trading. The OMX Index ended 6.2 points lower at 1,100.97. "The bourse is cheap but the question is when does one dare go in?" one trader
        126 words
      • Article
        Toronto
        232 26 +7.512 Stocks moved higher in lacklustre early trading as investors digest the recent volatility in currency and debt markets, traders said. The TSE-300 Composite Index rose 7.51 points to 4,143.51 on volume of 11.0 million shares valued at C 5135.00 million. Advancing stocks outpaced declines 155 to 139, with
        232 words
      • Article
        New York
        763 26 1.04 Stocks were mixed after one hour of trading, as the dollar retreated in foreign exchange dealing. At I lam EST. the Dow Jones average of 30 industrial stocks was up 1.04 points at 3,980.27. The NYSE Composite Index was down 0.19 at 261.41. Standard and Poor's 500
        763 words
      • Article
        London
        818 26 -5.2 SHARES failed to hold opening gains after overnight dollar strength and closed lower as foreign exchange markets remained volatile during the day. Share prices crumbled as the session progressed and a fresh clutch of generally favourable corporate results failed to inspire investors. "The corporate reports are well received,
        818 words
      • Article
        Paris
        134 26 •29.69 French shares closed sharply lower on the dollar's continued weakness and two polls showing RPR Gaullist presidential candidate Jacques Chirac ahead of conservative Prime Minister Edouard Balladur, the market's favourite. The CAC-40 index closed down 29.69 points at 1,727.07. Of the CAC-40 stocks, 38 closed lower and two
        134 words
      • Article
        Frankfurt
        205 26 •40.58 Germany shares closed at a 22-week low as the dollar's persistent weakness fuelled concern about a squeeze on exporters earnings. Traders said there was heavy selling by US investors after analysts started revising down their earnings estimates on leading DAX Index stocks. "It's a terrible market," said a
        205 words
      • Article
        Brussels
        216 26 -7.13 Belgian stocks fell, reversing early gains, as the dollar recommenced its slide, threatening earnings at companies that sell goods and services in the US currency. The continued weakness of the dollar has also raised the possibility of an interest rate rise in the US to head off the
        216 words
      • Article
        Untitled
        530 26 Vienna Mar» A*ch AUA 1700 -5 Bjnk Aatfru PS 554 J C A BV VZ *20 unch fVN 1224 1 I luKtMtcn 4*0 -1 I rn/inf I U-Ujm 4M unch M.Kuljn Hid VZ T|2 T Of MV VZ ITT I VA Tcvhnotoeir 105* J Vcuvhcr 2*0 2 VcibunJ Uik A
        530 words
      • Article
        Johannesburg
        361 26 -25.9 South African shares finished broadly weaker as buying interest evaporated after gold fell and the financial rand rallied on speculation about its demise, dealers said. "Almost all of the buy orders that were in yesterday were cancelled this morning mostly by institutions," a dealer said She said the
        361 words
    • Article, Illustration
      Lock icon HONGKONG
      3063 27 Bloomberg Business News HONGKONG Stocks rose, led by property and utility issues, as the US dollar's rebound cased concern that interest rates might climb. Hutchison Whampoa and HSBC Holdings among the bourse's biggest stocks drove benchmark shares higher as the US currency rebounded from record lows against the yen
      Bloomberg Business News; Source: Bridge Info  -  3,063 words
    • Article, Illustration
      Lock icon CHINA
      576 27 CLSA HONGKONG H shares closed 0.3 per cent lower on volume of HK547.4 million. Qingling Motors was the biggest loser, down 6.5 per cent on turnover of HK.J4.4 million. The Shanghai B Index inched up 0.1 per cent on turnover of U552.45 million. The market had a roller-coaster day
      CLSA  -  576 words
    • Article, Illustration
      Lock icon TOKYO
      2536 27 Bloomberg Business News TOKYO Stocks rose, led by construction and electronics shares, as the dollar's rebound from record lows brightened the outlook for Japan's economy. The dollar was trading at 91.74 yen when the Tokyo Stock Exchange closed for the day. That's down from 91.78 yen in New York,
      Bloomberg Business News; Source: Bridge Info  -  2,536 words
    • Article, Illustration
      Lock icon BANGKOK
      1865 27 Reuter BANGKOK Stocks closcd higher on buying of blue chips after gains in New York overnight and the dollar's recovery against the yen and baht. brokers said. The SET Index closed up 8.07 points at 1,214.95. A moderate 54.7 million shares worth 4.46 billion baht were traded. Rises led
      Reuter; Source: Bridge Info  -  1,865 words
    • Article, Illustration
      Lock icon JAKARTA
      1189 27 Reuter JAKARTA Share prices closed mixed in moderate trading despite stronger market sentiment during the second session. "Players appeared to have overcome worries on the impacts of falling dollar and deposit rates' hike," a broker said. But companies which import a significant amount of their materials from Japan may
      Reuter; Source: Bridge Info  -  1,189 words
    • Article
      CLOB INTERNATIONAL
      2506 28 U (if l«*« IJB, Vol High Low (ompu) Sale COOO) High Low Bu\rr Setter Of P'fc tmil MALAYSIAN STOCKS 4,2 7J m MSB 50c 310 +30 "Ml 390 36* 390 392 30 -2 9 0 2 WO 206 77.5 m AMDS 50c 105 +5 318 105 102 104
      2,506 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Rothmans, stronger US dollar push prices higher
        6991 28 Bloomberg Business News KUALA LUMPUR Stocks rose for the first time in four days, led by tobacco company Rothmans, as the recovery of the US dollar on international markets eased concern that the Federal Reserve will raise interest rates later this month. But
        Bloomberg Business News; Source: Bridge Info  -  6,991 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8760 29 lit (.1 \N l last Vol Day l-*v Quote Din Din \M Nel Cay A»f High Low Cumpaa> Sale I'OOO) lli|t l ow Buyer Seller S Or P/E Sail Price INDUSTRIAL AND COMMERCIAL 720* 388 ml s Acma 50c 426 +2 74 428 424 422 410 88 4.7 10 116
        8,760 words
      • Article, Illustration
        Lock icon M'sian stocks dominate trading as market gains respite
        1954 30  -  By R Sivanithy SINGAPORE The local stock market gained some respite from its recent battering after the US dollar firmed both in New York on Wednesday and in Asian trading yesterday, while Malaysian stocks dominated activity on renewed rumours of a general
        Charts by Bridge Info; Source: Bloomberg  -  1,954 words
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      391 19 NEWS VALUE Parkway plans separate listings for its hospitals in the region (pg I) Promising. Health-care a fast growing business, region-wide. Pakistan in deals with Semhawang, Promet (pg 2) Regionalisation is going to be an investment theme for the next few years. Tough times ahead for retail market, says survey
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      88 25 Financial News |Klfl| A Quick Look At The yKfl I Market! Call 24 hours a day for I I SES KLSE midday I I reports, closing world I I reports and business news. Cost: 30 cents a minute Organised by: I^o]^ An SPH AudioTe* Service Find a new pet owner
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      26 27 lf>e Beeubwe this hotel □i ANY JOB. ANY CAREER, rrof Available Any day. ANY T,ME ANYWHERE. UANMI 2AO«AO IIAMHI WANfAO fH.N MIN OAIiV Nl*l IUHiAH RlNlfA
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      95 30 Prime District 10 Residential Development Site For Sale By Tender Location Near The Pinetree Club Land Area 3,153 sa m (Approx 33.939 sq ft) Tenure Freehold Rot Ratio 1.6 Height Restriction Up to 10 storeys Tender Closing Date 4pm, 22nd March 1995 For Tender Documents and further information, please contact
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      397 30 B US I N E S S TI M JES NOT ICES TOLL-FREE TEL. No. 1-BQO-741-1883 PAX.7AI-1296 4-STOREY SHOPHOUSE For Sale By Tender Location: 273 South Bridge Road (Within the Chinatown Conservation Area) -y Land Area 287sq m/3,0895q ft Total gross floor area Approx. 933.435q m/ 10,047 sq ft 'v\
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      126 30 ■■MB* MCMMKS*I.OMnaM HsranPin OufMiriatoitM) SUMTWTMUMQI ffKOUBKT lUfl SHI L* NK Hi USW32A 4M Ma Laa. Sappa IWI n WaK (i) l«a»Dtadadfaiin miiti n>ii|. k) TW 4 fci fanaand of*/ mi 4 ik«toßfaatM*Maafafafa7ttfar 4 Mud IW. ba|i*ftwftaa*aa*rf M I aa. fa afaa bdmtm cmamtmd, Um| fa aaa b Hi w4 ly
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      Page 30 Advertisements Column 4
      248 30 VEHTTO RENTAL PTE LTD (Incorporated in the Repubfcc of Singapore) NOTICE IS HEREBY GIVEN that a Final General Meeftng of the company wto be held at 5#4 Upper Thomeon Road. Singapore 2057 on 17.4.95 at 10.00 am for the fofcwnng purposes: AGENOA (1) To receive an account from the Liquidetors
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      270 30 TMHUTTIRMTNI COMMUKS ACT, CAP. M AM TKMATTOOF CHEMCAL COATW HIPPUEIU FH U1 (IscsrperaMiiftiJMpaMk at Naba s hareby given Id toe otditors of tot atxwenamed Company. afiidi is bang wund up voluntarily. St require} on or Monti* day of April 1996 to sand to toeir names and addresses and partners ol
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  • Shipping Times
    • Article
      Lock icon Mixed reactions for Klang's cargo-clearing proposal
      530 31 MBT KUALA LUMPUR The new cargo-clearing system proposed by the Klang Port Authority (KPA) has received mixed reactions from users. While most port users welcome it, they want the system to be transparent so that those responsible for delays can be identified and penalised.
      MBT  -  530 words
    • Article
      Lock icon MISC to explore expansion opportunities in Vietnam
      311 31 MBT HANOI The Malaysian International Shipping Coi*p (MISC) will send a team to Vietnam later this month to explore the possibilities of expanding its operations in Indochina. Vietnam Maritime Development Corp director-general Vu Ngoc Son said MISC wanted to cooperate with Vietnam on
      MBT  -  311 words
    • Article
      Lock icon Brazilian dockers to boycott nuclear ship
      206 31 AP RIO DE JANEIRO, Brazil The National Federation of Dock Workers voted on Wednesday in Brasilia, the nation's capital, to boycott a British freighter carrying nuclear waste navigating near the Brazilian coast. The Pacific Pintail left France on Feb 23 on a secret route
      AP  -  206 words
    • Article
      Lock icon Montreal port idle due to dispute
      182 31 Reuter MONTREAL No traffic is moving in the Port of Montreal on Wednesday morning as the Maritime Employers Association (MEA) refuses to call longshoreman into work. "It's not a lockout. There is just nothing for them to do," said a spokeswoman for the association,
      Reuter  -  182 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1031 31 Page Col ABC Containerline 16 I Able Shpg 7 4/5 Accord Group 8 1-3 •AhlersLine 12 1 •Ahrenkiel Liner 4 1/2 •ANL 3 4/5 Antaco Mgmt 17 3 •APL 18 1/2 •Appenship 4 4/5 Arabian Express 15 4 •ASCL 5 5 Astro Shpg
      1,031 words
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      Lock icon P&O in US$250m bid to develop Colombo port
      257 31 Reuter COLOMBO P&O has proposed a USS2SO million (***** million) project to develop Colombo port, Sri Lankan Constitutional Affairs and Deputy Finance Minister Gamini Lakshman Peiris said on Wednesday. He said the shipping line was among other big foreign companies such as
      Reuter  -  257 words
    • Article
      Lock icon Protesting French seamen start blaze on British ferry
      223 31 AFP BOULOGNE, France French seamen sparked a fire aboard a British ferry on Wednesday in the latest protest over the use of non-European Union crews by a small British ferry firm. The blaze, which was put out rapidly, was started by a
      AFP  -  223 words
    • Article
      DAILY FREIGHTS
      1543 32 FREIGHT market conditions continued to run strongly in the favour of owners, especially in the Atlantic. Few vessels remained in either the North or South Atlantic that were able to offer March loading dates, brokers said. "The lid may be about to come off the Plate market," one
      1,543 words
    • Article
      TRANSPORT DIARY
      382 32 COURSES Title: 1-Day familiarisation Course on Singapore Bunkering Procedure (SDF Case-by-Case Basis) Duration: Mar 10 Organiser Singapore National Shipping Assoeiation Tel: For further details and application forms contact SNSA Secretariat at 278-3464 or fax: 274-5079. Title: Basic Principles of Shipbroking and Chartering (SDK 50%) Duration: Mar 13 Apr
      382 words
    • Article, Illustration
      Lock icon Waiting for the VLCC dreamboat to appear
      890 33  -  The outlook for the market for very large crude carriers has improved but what is a good market and how long will it last? Lan Middleton reports Ian Middleton Sea trade Review NINETEEN ninety-four will go down as yet another year in the
      Sea trade Review  -  890 words
    • Article
      THE SHIPPING GUIDE
      13466 40 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. LEGENO PN: ship calls at I'cnang after
      13,466 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        526 43 Jewel Voy No Berth Arrival Departure V«mI Voy No Berth Arrival Depart**« Jurong Port Batan. Spe«d5 044%* TOLA 10 03/0/00 1003/0900 ,J[BngN Sea 01/% 112 ator«s<de 1003/1000 Bays«alerll8 9M6 TO1 1003/0700 10O3/0B30 jQobal KTEC001 12 aiongsaJe 1003/2300 Chez Nous 1 P06 1003/2300 1103/1100 U«y 03/01/% 11 alongside
        526 words
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        CONTAINER SCHEDULES
        1372 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bookinf/BaUnce Rslts Ship Voy No Etb/Btr Poriod From To From •m 2 *a Ul» 060* 11/1300 1A 09/1500 09/1659 09/1900 IB 09/1500 09/1659 09/1900 3 10/0/00 10/1159 10/1400 4 10/1200 10/1459
        1,372 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Top US car makers look to Asia, Europe for market expansion
        487 50 Geneva Auto Show Reuter DETROIT With sales of new cars and trucks slowing in the US, Detroit's Big Three car makers are looking to overseas markets for growth, with Europe and Asia emerging as the most attractive opportunities. Armed
        Reuter  -  487 words
      • Article
        Lock icon China market may be over-rated, say analysts
        426 50 AP GENEVA Ford Motor Co and General Motors are anxiously waiting to see who wins out this month on a US$l billion (551.41 billion) car factory in China, but they may be overestimating the potential of the Chinese market, according to car experts.
        AP  -  426 words
      • Article, Illustration
        Lock icon Swiss sizzler
        59 50 Reuter GENEVA The Swiss concept car Rinspeed Roadster A, elegant and striking in design with dynamic attributes, was unveiled at the Geneva Auto Show on Wednesday. The car is equipped with a Ford V 8 4942 CM2 engine, five-shift gearbox and can accelerate from (MOO kph in 5.1
        Reuter  -  59 words
      • Article, Illustration
        Lock icon Fancy taking the Spider for a spin?
        73 50 Reuter GENEVA Renault unveiled its new concept car Spider at the Geneva Car Show on Wednesday. The Spider, with an ail-aluminium frame, has a five-speed manual gearbox and an engine size of 1998 cc. Its maximum power is llOltw at 6000 rpm and
        Reuter  -  73 words
      • Article
        Lock icon Tata aims for low end of Indian car market
        323 50 Reuter BOMBAY India's Tata group will decide within the next few weeks whether it should launch its own in-house car targeted at the low end of the market, or team up with a German firm like Mercedes, group chairman Ratan Tata
        Reuter  -  323 words
      • Article
        Lock icon NationsBank wins China Southwest Airlines' business
        285 50 Bloomberg Business News CHARLOTTE, North Carolina Nationsßank Corp said on Wednesday it arranged USS3OO million (***** million) in loans for China Southwest Airlines to buy six Boeing Co jets, underbidding two other big US banks that were in line to finance the purchases. China's
        Bloomberg Business News  -  285 words
      • LOG BOOK
        • Article
          Lock icon USAir to cut unprofitable flights
          67 50 NYT WASHINGTON USAir said on Wednesday that it would cut 5 per cent of its capacity, joining other airlines that in recent years have overturned a long-held industry belief that bigger is better. The airline, based in Arlington, Virginia, said that by July it would
          NYT  -  67 words
        • Article
          Lock icon Chrysler minivan accident under probe
          76 50 Bloomberg Business News OTTAWA A Chrysler Corp minivan accident that killed two children is being investigated by the Canadian government, less than a week after the US government urged some Chrysler minivan owners to report similar crashes. The two three-year-old children died in last Friday's
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Austria set to accept aviation pact: US
          53 50 Bloomberg Business News WASHINGTON The US says Austria is likely to sign a tentative "open skies" agreement on Wednesday that would erase many restrictions on international flights between the two nations. Officials in the Austrian Transport Ministry confirmed that an agreement was close.
          Bloomberg Business News  -  53 words
        • Article
          Lock icon Lexus ranked most dependable: survey
          92 50 Bloomberg Business News AGOURA HILLS, California Toyota Motor Corp's Lexus luxury sedan was rated the most dependable car by owners who have had their cars at least five years, according to J D Power Associates, a California car marketing research firm. The best model in
          Bloomberg Business News  -  92 words
      • Article
        Lock icon 60 small Indonesian airports to be expanded
        236 50 AFP JAKARTA The government will expand 60 small airports, mostly in eastern Indonesia, to accommodate the soon to be produced N-250 passenger plane from stateowned aircraft factory Industri Pesawat Terbang Nusantara (IPTN), according to media reports yesterday. "The N-250 will soon be launched
        AFP  -  236 words
      • Article
        Lock icon Air Macau given official carrier status
        178 50 AFP MACAU Macau has granted official air carrier status to the Portuguese enclave's fledgling airline, Air Macau, a government spokesman said on Wednesday. The Macau government granted a 25-year "public service" concession for inbound and outbound air transport of passengers, luggage, cargo and mail
        AFP  -  178 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1833 50 gtg nwt n> nw cnj wi et» bw rra_ < hbu PteaW GA970 2035 VN745 1430 VN744 1540 MalaMt Qf81 1930 QF82 2050 Natyai TG407 2120 TG406 0620 SQ227 2230 MjggS 2300 MI896 1920 KL837 1540 KL844 0115 HMmU AY902 1850 AY903 2140 SQ323 1710 KUJ38
        1,833 words
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      6 31 BusinesslT Every Monday in Business Times
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      27 31 Lines and services represented by Members of the Registry of Accredited UB0B;) Shipping Agents, Singapore National \w Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
      27 words
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      Page 31 Advertisements Column 3
      44 31 Waiting for the VLCC dreamboat to appear, Page 3 US car makers look to Asia, Europe for expansion, Back Page f STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. f U Business Times •KODViUM
      44 words
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      Page 31 Advertisements Column 4
      34 31 The Art of making money is first having ,he Craft SHIP FINANCING CALL US AT *****55 MtIINO IT WITM TO U ODIiSFINANCE I H*od Offici I 2 Robinson Rood. DAS Finance Building, Singapore 0106
      34 words
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      1708 32 1 I OTHER DESTINATIONS I I NORTH AMERICA 1 to west coast fficx) It* 6 COAgT 0* central 1 swoaporecautornk express {direct from west coast) vaa w store u om wr sea 'ml noustor 55c it nbxo Barmm Iwwlv I la u laca Haur lialioa Iptcallwuwaa lacajura losanbelb owuwd gag
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      Page 32 Advertisements Column 2
      39 32 0 r,;; 0 o ::ii I > LEAD i BY EXAMPLE il "if. > Ml I I I For some of i the best l examples of 2, Good Management. Enterprise Management. 1 Every Monday. m Business Times; wttucm AJU a
      39 words
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      1007 33 I LUASC SHIPPINGCO (SAG) B jflKvgyrffiCPLQJifQPfc/^^ 9 'ggW«m»lw fcJUfflßb U Ur Ivilvot t* no 1 on 1 shj kwi I auh Idm i bah i~dohl iwuwr i m mo tat iwiw g cm i a I OAWALEEOCIB7W 130 270 2*3 27/3 210 2*3 210 210 91/3 KM WALEEO CIC7W 130
      1,007 words
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      Page 33 Advertisements Column 2
      410 33 ANL. IT'S AUSTRALIAN FOR SHIPPING -^|r WtttL/vor jrr no «»c mi »v* *>• im Ito act ma hoi jit ["mD nt a nMAtti ns mm ism iim mm hm mm mm t australia mm mm mm iim i«n| mm. A AWT MS IM M M MM 11*4 A BOWA2W H«
      410 words
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      1419 34 555ba roam/ ui VESSEL VOY NO SPORE JEDOAH (VIA JED) STON H'BURO ATWERP HAVRE HOECHST EXPRESS 19/300 12/3 2QO 27/3 4/« 1/4 30/3 V 4 KITANO 29/110 IV3 1 0* STUTTGART EXPRESS ***** 27/3 3/4 Jl/4 6/4 8/4 12/4 KIRISHIMA 09V111 23/3 I DRESO6N EXPRESS 22Z2U Ifltt m 12* FRANKFURT
      1,419 words
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      Page 34 Advertisements Column 2
      440 34 i69MMNNMk tor 1 NANDNAKUL 12n 20/3 RdnVAtv»/UK/Nantes I TORO 22/3 28/3 Rdm/AIWUK/Nafrte# J-Loads EVW.MafyM«.lndone»a 1 I Loading tor H ISADAN KALKAVAN DutWDarrvnarVKuwait I BUFFALO I PAN RISER OiAfl^DanvnarVKuwvart/BahrairVOoha toads Singapore, EVW Malaysia. Indonesia J LoacSogtor I BILLIE FAY LosMMMiOrtaana/ I ChartostorVNorfoNt/Camdan I I SAW Mi FORTUNE Los ArhONbSMbi Ortaana/ 8
      440 words
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      Page 34 Advertisements Column 3
      1311 34 NORASWI VSL/VOY SM ALQj a MOTIVATOR SWW 1183 3083 KB4 KMX 0284 8384 0184 0484 0484 0684 SEA S6TIATIVE 510W 1083 KB4 0884 MAM 0084 0084 1684 1184 1184 1384 I NORASIA MALTA Vl6ll-3 2283 1184 1484 1584 1484 1584 1084 1784 1784 1084 NORASIA KIEL 9612 3 2083 1184
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      1500 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapof 0208 Td: *****88 Fax: *****17 NEW guinea pacific line BUlllka9UdßttiiiailHiliHllAZliyaHLyAliiMaHi jggßff (A SERVICE Of CHINA NAVIGATION CO) CARGO DU SAR.S C I MAGA M 22 ****** Muara lab 10-11 M« 13 Ux 14 Mar FCL. LCL CONTAINER
      1,500 words
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      Page 35 Advertisements Column 2
      3225 35 W Singapore Agent: W I jAU I 511 P&O Containers (Singapore Agencies) Pte Ltd 10 Hoe Chiang Road. »07-0 l keppel Towers, Singapore 0208 First Class Connections WORLDWIDE Tel: 225 2233e Telex: RS ***** PNOCSP.Fax: 225 5327/222 7517 C R Number: *****9 *****Z EXPORT IMPORT «»ML VOY '«w 'PKOSM SOU
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      484 36 J® llll VEMTURE VJHV SAMUOERA INDONESIA SIR RICKMERS W SINGAPORE CHINA DASA S£PULUH VOY 4NB OS Art QHGDAO GREEN ERA DRY DOCKING XIN6ANG •J SHANGHAI tfOUCEMEMT CALL P.KEIANG WDUCEMENT CAU. HK. P OJOANG. KLANAN, IG MAN XIAMEN, rtJANGW 4 t fo UTAMA HARTA I I'h WEEKLY FULL CONTAINERBHIP FEEDER VESSEL
      484 words
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      Page 36 Advertisements Column 2
      1310 36 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FDR til m IK HAM. SEA TV* POX ft* VSI SM lIK HAUL SAY AM NYC HANJtt ELIZABETH 015E 11/3 OKCI 30/3 31/3 1/4 HAMIM POHANG 156E 17/3 H. SAVANNAH 049E 20/4 21/4 23/4 HANM
      1,310 words
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      Page 36 Advertisements Column 3
      1318 36 -I—l gri^ Ir«, K M m 5?, s IS w «i o» «i no iu c« i« m lw vm km nr mt pso cm pkl w I I f SMII KMI a/i 2,? 2/i 2/2 i?{J Jl 71/3 n/1 9/1 11/1 1/4 IJ »/< »/< «/S 9/5 10/5 11/S
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      2775 37 MONTHLY I TO MOMBASA AMD MB ES-&ALAAM B cosTAx'imfpiiie m in =3 I SMn iv«r *17 M C» *K 11/I7I*MH M Fax: 22€220M BrtakMrntk Sec *****50 420S 710 Md r«NT l/CM Mac CCSU JOMOKt OFFICE: Fax: *****15 fu: a l < /N—>lll UN esr NO: M2-MM4M I COSTA* MCIK/H m
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      Page 37 Advertisements Column 2
      662 37 //j| FAMOUS CONTAINER LINES 80 ROBINSON ROAD. #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 13/03 ROTTERDAM 13/03 AARHUS/COKNHAGEN 13/03 HAMBURG/BREMEN 13/03 MARSEILLE/FRANCE 16/03 FELIXSTOWE/UK 13/03 BARCELONA/SPAIN tl/03 LEHAVRE/FRANCE 13/03 GENOA/ITALY 11/03 ANTWERP/BELGIUM 13/03 LOS ANGELES/WC/IPI 17/03 SYDNEY/MELBOURNE 13/03 NEW YORK/EC 17/03 FREMANTLE/ADELAIDE 13/03 VANCOUVER 14/03 BRISBANE 13/03 TORONTO/MONTREAL
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      1064 38 voy m MJ 1 vessel von —SIN p f BHATRA BHUM T2S 8.1 11/3_ Tu# _W3_ ,§J GURU BHUM Fri lln Pt 8.1 11/3 VCMCL VOY SIN BKK j| VIRA BHUM 1258 Sun 12/3 Frl 17/3 Q UftU BHUM 9041 MoiT 13/3 WU 11.3 H MAHTA BHUM 23SN 8.1 11/3
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      Page 38 Advertisements Column 2
      918 38 79 ANSON ROAD. #21-01, SINGAPORE 0207 TELE: *****02 FAX: *****57 CR **********0N BTIWTB WWTTtE SERVICE S_ PORT KLANG PENANG ttssa wy sw m vcssti vqy aw roi SEA LAUWEL 368W OS 3 (THU) 10. 3 (FB) ICC CONVtYOU MIS 08/3 (WED) 10/3 (H) EAGU BREEfI IW* 09.'3 <™H) 11/3 (SAT)
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      928 39 PACIFIC INTERNATIONAL LINES (PTE) LTD^ 140 Cecil Street, #03-00 PIL Building. Singapore 0106. SSSSSSIM UWkHf CR NO **********06 VESSEL VOY SIN CMB JIB HOO JED AQJ ADE PZU MSW ASA KOTA BERANI BRNISP 18/3 22/3 29/3 31/3 3/4 5/4 15/4 19/4 5/5 23/4 KOTA WIJAYA WJAS3S 29/3 2/4 10/4 12/4
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      Page 39 Advertisements Column 2
      924 39 vtsstis tt mm Hamburg thmus toTimow nmwtw WILE DC VUA *07*r 11/03 29/03 31/03 02/04 03/04 04/04 WLLE PI mm* fMW 11/03 05/04 Q7/Q4 O»/Q4 10,04 11/04 VILE DC LBRA 108* 23/03 11/04 13/04 15/04 lt/04 17/04 VM.lt Pt NORMA WOSW __JO i o3__ H/04 21/04 23/04 24/04 25/04 •AISO
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      Page 39 Advertisements Column 3
      610 39 BSA H. IBs!"!TsIST9R9HE!3S!S^^V MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdf HP* AN V2OBW IN PT PAGAN V2IBW 15/17 Mar MALAYSIA AGENTS BOUSTEAO SUPPING AGENCfS KUL T£l 0? 03-*****00 PKL TEL 02 0 3 *****67 PEN TEI 02 04 *****02 PGD: TEL 02-07
      610 words
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      538 42 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E [J (Natiwal M ot Ethiopia;' ACCEPTING FCL AND CONVENTIONAL Vmhl Vey ETA Loading For Spore Andlnet 38WB 12/04 Mombasa. Djibouti Assab. Massawa Abbay Wonz 43W8 08/05 Mombasa, Djibouti Assab.
      538 words
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      Page 42 Advertisements Column 2
      426 42 AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi, Islamqala (Doqharun) IwlCfclvl C.1.5./RUSSIA: ma Ata, Ashkhabad. Baku, Dushanbe. I I Irkutsk, Khabarovsk, Krasnoyarsk. Korsakov, Moscow. Mllltzer a Muncfl 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
      426 words
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      Page 42 Advertisements Column 3
      191 42 FOOWG SUN V 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 QA CTD PESTWATJON SUN RAY 4/95 15/3 17/3 PIAJU/PALEMBANG NEE WAX I 5/95 23/3 25/3 PONTIANAK/SJNTETE WANUAKU 3/95 21/3 23/3 BENGKULU/PADANG SUN
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      Page 42 Advertisements Column 4
      547 42 p mm CONTAINER LINES, INC FlSSAyjAgfWf. MAC-NELB SPORE: *****22 (24 LINES) SIBU (084) *****© KUCHINQ (ol2> 424«3 i (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P-KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA; <31) *****0 ASIA HKG/TWN/BKKI GENOfI/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN I? 7 \l'l 16/3
      547 words
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      416 43 XC SINO EXPRESS SHIPPING (PTE) LTD. MM I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. -7 TEL: *****90 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX BINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI 3'PORE HKQ SHAI VESSEL VOY ETA I ETP ETA I ETD ETA I ETP LATMOS 925/926 7/3 8/3 13/3
      416 words
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      Page 43 Advertisements Column 2
      1162 43 Ksm mm pjoane pomme in son mm mi mi mi n Ksa pw jpok wc fiban mt km smku wo to m obota m-> mi o7m Mir vu »u mm mm 07 m m.m «umb M7S mm um ism mm Ml OK im It t) MM* Mir 01M MM MM
      1,162 words
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      1502 44 ■QEmsama VALUE-FOR-MONEY CALL US TODAY Vessel Voy ETA ETO DESTINATIONS Nut W«ok PANAMA N«l Week BTH STRING MARGRETHE M V 9604 AXEL MAERSK V 9506 BB^M CY 14/3 0800 MRS CY 15/3 1200 HRS ATL BAL CHS CL2 LGB MEM MIA NYC OAK PHI lOQ CFS 13/3 2359 HPS CFS
      1,502 words
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      Page 44 Advertisements Column 2
      748 44 11 MMM FULL CONTAINER SERVICES I» B mtM IN* 11,(1 11 1113 M M M M It 11/ M I V B LBU IMH lt/U 29 01 22/« 11 M 11/ M 15 M It M 17m B MMM MM ft 03 M/U M/U 19 M 21 00 71/ M
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      Page 44 Advertisements Column 3
      787 44 TO E. CANADA US ATLANTIC US GULF nil* P KELANG HAL*AX N.VORK NORFOLK N ORLEANS SAVANNAH TAMPICO HOUSTON 0328 M/l?2Sr T/o 2 May 3 May 11 May 7 May 15 May 20 May DENE 0328 30/31 Mar 1/2 Ape 12 May 15 May 18 May 24 May 23 May 30
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      Page 45 Advertisements Column 1
      500 45 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF B€N6M./JAPAN SERVICE ACCttTWG BKAKBUU/SOC CAAGOtS TO/FROM KOBE. YOKOHAMA. NA6OTA. HOI TOKYO*. MANIA*, OA»AO*. Paianf* P. Kei*i( Sin|aport E'Msia* KAMALEVERETT V2SE 18/19 Mar KAMMVWETT V22E 22/23 Apr KAMALEVERETT V26E 07/0« May ACCtrifK BKAKBU.K/FCI/SOC CARGOES TO/FROM CHITACOH6, CALCUTTA MO WONGLA*. Singapore P. Kt<an(* Ptnanf* Paw Gudanj* KARABEVERETT
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      Page 45 Advertisements Column 2
      214 45 PI GLORY NAVIGATION GROUP 41 REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 4/3 10/3 12/3 14/3 GLORY SELATAN X 9/3 15/3 17/3 19/3 SIN KAO GLORY SELATAN VIII 7/3 13/3 SINGAPORE ASEAN TO
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      Page 45 Advertisements Column 3
      555 45 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE vtssa voy aw Karachi SMGOOHA 153HW 16/03 25/03 MAKRAW IM-HW 22/03 01/04 HTDUMBAO 139-HW 14/04 23/04 Bam 140-HW 14/04 23/04 ni ati cmi au rain «ucr to k«hht FAR EAST CONTAINER SERVICE ONLY vtytfi wT m mc gg «T" nac Itok
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      Page 45 Advertisements Column 4
      691 45 PULL CONTAINER SERVICE FRORd SIN TO MADRAS VESSCL/VOY ETA S4N ETA MAA MV TIGER BAY V. 132N 09-11/03 15-19/03 MV SEA GALLANT VOL TO 11 11-12/03 17-18/03 MV PRAVOINSK Vl4 12 >3 03 18 19 03 MV TIGER CAPE V.OISN 13 14/03 19 22/03 MV BUNGA TERATAI V TERO3I 13-14/03
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      Page 45 Advertisements Column 5
      318 45 SIN FAR EAST 14/3 KEELUNG/KAOHSIUNG 12/3 BANGKOK 12/3 MANILA/CEBU 13/3 IAKARTA/BELAWAN/SURABAYA 13/3 PORT KELANG/PENANG/E. MALAYSIA 12/3 BUSAN 12/3 TOKYO/YOKO/KOBE/NGO/OSA 12/3 HONG KONG Si CHINA 12/3 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIAN JIN QING DAO HAIKOU also accepting LCI cargo SIN EUROPE/UK 13/3 LDN/FLX/LVP/SOU 13/3 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poiand/Butgaria/Czech. SIN
      318 words
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      Page 46 Advertisements Column 1
      1136 46 11 r 1111r H -ii r r nlll nir ir 11nir rlr r [fir'x. wrf<xw<*w FIXED L 11 WEEKLY SAILINGS V. Ht Fax SHU t MELBOURNE- m GP SHIPPING pte ltd 1 Call: Kenny/Mas/Peter I"""" 1 in n nTnn.i i STAR SHIPPING AGENCIES (S) PTE LTD *CEffTS FO*: 1— ZIM
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      Page 46 Advertisements Column 2
      404 46 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 12 MARCH (Ac cap ting to aN N*w Zultnd ports) PENANG 13 MAR JAKARTA 15 MAR PORT KLANG 16 MAR BANGKOK 12 MAR MANILA 12 MAR HONGKONG 12 MAR MELBOURNE 14 MAR SYDNEY 14 MAR BRISBANE 14 MAR FREMANTLE 14 MAR ADELAIDE
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      Page 46 Advertisements Column 3
      1078 46 CONSOLIDATION TO LIMASSOL Singapore I ACCEPTING LCL CARGO AT ATTRACTIVE RATES Transhipment available to Beirut, Lattakia via Limassol Call Te at DID: 277 1064 for bookings NOW!!! -ar Singapore 561 1668 272 9838 """"SKSk**** MM Also has olTices in:- mo logbtks so vices 0 MALAYSIA THAILAND PHILIPPINES MaaTl TllWif HONG
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      Page 47 Advertisements Column 1
      1689 47 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R Y.S.N. 11 V——l Voy Hooa Kong Singapore P. Kotong Pwww Sptcj _68 8«ll«d Sailed In Port jupitef 06 S<tl«d 13-14/3 15-18/3 ChW Of ChOfOfc— 48 12-13/3
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      Page 47 Advertisements Column 2
      374 47 CEYLON SHIPPING CORPN National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS «ra I iot i *laol u» I hmil I» I■»I Mn I gj> WmiM MOW 17/3 21/3 1/4 19 4 11,4 MID mi IMS OEM 11/3 23/3 ■craw wn 3 nji im m/ 4
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      Page 47 Advertisements Column 3
      700 47 |l if NEPTUNE ALMANOINEI2W' ETA SOP Tt/03/93 I II H ETA RDM 27/03/95, FLX 28/03/95 I H BRE 30/03/95, LEH 01/04/95 I export awayoai cautowha «xpm6» (tcx)TOi u»wc wnaba T' vt »SCL SOP LOS OAK j VAN MKT ATL CCC WOO MPH PLO TOW MOW CALIF OWMA SATURN 72E '5/03
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      Page 48 Advertisements Column 1
      1714 48 AMERICAN PRESIDENT LINES. LTD. 19 HtPPtL WQAO »03 01 JIT POH BUW.PINC S»*GAPOW€ 0208 TCI 225 9966 fa. 221 4923~ TWICE WEEKLY TO FROM ♦UK/NORTH CONTINENT EUROPE* FOR ENQUIRY/BOOKING CALL 225-1-225 I TO NORTH AMERICA CANADA WEEKLY CONTAINERIZED SERVICE fmnq/WTWi 1 w I w 1 m I mt~ m |*aa/wng
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      Page 48 Advertisements Column 2
      2111 48 44 AS AGENTS: "I" LINE (SINGAPORE) PTE LTD (Ct NO **********QM/GST REG NO: M2-*****M-C) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W Imi IT 1 MALAYSIA: "K" LME MARITIME (MALAYSIA) SON BHD U ■TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 1 INDONESIA: P.T. SAAANA LAUTINTERNUSA. TEL:
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      Page 49 Advertisements Column 1
      475 49 A. HYUNDAI MIEBCH ANT MARI WE CO. LTD. WESTBOUND TO EUROPE BKG; *****61 ["nil reo vessqs voy sm rtm ant leh hmn bkej pa M/ 03 10/03 il/oT H. FROMIKR 315W 13/03 31/03 02/04 01/04 02/04 02/04 04/04 15/03 17/03 11/03 H. COMMANDER 314VK 20/03 07/04 09/04 01/04 09/04 09/04
      475 words
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      Page 49 Advertisements Column 2
      388 49 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE !> RORO CARRER SPECIALIZE IN HEAVY LET CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS I ETA lETO VESSEL VOT SRI R< 10AONC FOR KARANA SEMBRAN 2 12/3 ORANGE MOON (1 13/3 BANGKOK 10/3 (C.K3A 24 U/3 lt/3 BELANAN 11/3 COSMC fIOKER 43 14/3
      388 words
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      Page 49 Advertisements Column 3
      617 49 JEDDAH/UK/CONTINENT I STORE ID RTMM HBUO6 BMH S TON LEM Ah« Acceptnf Cjifo Fir WDLLOTD HONG KONG 1105 17/3 2/4 4/4 t/4 »/4 Saitfumpd* :l»il UK dotntlan. BMnt aid DuMn MDUOTD AFRICA 3115 20/3 30/3 13/4 12/4 9/4 10/4 Rottodjm :to M Ant»«p AiratwcUm, Oils. Httariu IA SERE 1115 24/3
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      305 49 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1.4 1.7 2.0 2.3 2.4 2.3 2.1 1.1 1.5 1.3 1.1 1.0 1.0 1.1 1.2 1.4 1.5 1.6 1.5 1.5
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      Page 50 Advertisements Column 1
      40 50 I INVESTMENT I Appointments Well established Shipping Line with Round-The-World container services invites applicant for:Assistant Sales Manager knowledge in various trade at least 5 years sales experience Sales Executives at least 1-2 years sales experience For appointment please phone *****14
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      Page 50 Advertisements Column 2
      0 50 |)&@']*,'/[!=::@"<&\%`._{;\>]&}
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