The Business Times, 14 March 1995
1995-03-14
1
48
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The Business Times
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Title Section13 1995-03-14 1 Business Times MITA(P) 194/12/94 Tuesday March 14 1995 WE KNOW ASIA** 85 c13 words
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2am LATEST
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51 1995-03-14 1 Reuter NEW YORK Gerald Corrigan, former president of the New York Federal Reserve Bank, yesterday said the US financial system was in solid shape and far better off than it was five to 10 years ago, but was not free of risk from derivatives.Reuter - 51 words
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Article58 1995-03-14 1 FT NEW YORK The US and the UK were the fastest growing of the world's main drugs markets in 1994 in spite of public and private sector efforts to control healthcare costs. Both markets grew by 8 per cent to U5552.9 billion (5574.6 billion) and US$5.6 billion respectively,FT - 58 words
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Article172 1995-03-14 1 Stock marital indices Friday Change STU 2,063.53 +2.25 KLSE Comp 932.02 -3.10 Nikkei 16,477.64 +119.26 Hang Seng 8,111.27 +161.88 SET Index 1,174.67 -14.81 Jakarta Comp 429.94 -2.79 Manila Comp 2,335.53 +24.57 Taipei WP1 6,503.18 22.20 Seoul Comp 953.17 -1.03 Bombay BSE30 ...3,410.11 -105.88 CLSA China B 818.65 +2.81172 words
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Article89 1995-03-14 1 Reuter NEW YORK Blue-chip stocks fell on profit-taking and nervousness about the dollar yesterday after rocketing into record territory on Friday. The Dow Jones Industrial Average was 9.69 points lower at 4,025.92 at Ipm EST yesterday as it retreated from its surge of moreReuter - 89 words
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430 1995-03-14 1 ShivTaneja - By ShivTaneja SINGAPORE None of the customers of the failed futures trading arm of Barings will suffer any losses, the interim judicial managers for Baring Futures Singapore (BFS) disclosed yesterday. Auditing firm Price Waterhouse said that surplus margins totalling US$B6430 words
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411 1995-03-14 1 Reuter FRANKFURT Nick Leeson, the trader blamed for the Barings Bank collapse, yesterday formally refused to be extradited to Singapore and his lawyer said he believed Leeson would eventually be returned to Britain. Leeson told a judge during a meeting in a holding cellReuter - 411 words
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580 1995-03-14 1 SINGAPORE The water conservation tax and water rates must rise sharply in the next few years to reflect water's true scarcity and the cost of developing new sources, Trade and Industry Minister Yeo Cheow Tong said in Parliament yesterday. "The cost580 words
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Article366 1995-03-14 1 Loh Hui Yin - From Loh Hui Yin BANGKOK Land, Thailand's largest property developer, stands to lose about US$6O million (5584.6 million) for failing to hedge its Swiss franc borrowings. This is believed to be why the Stock Exchange of Thailand suspended trading in its shares yesterday. It said366 words
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389 1995-03-14 1 Agnes Wee - By Agnes Wee SINGAPORE Senior Minister Lee Kuan Yew last night urged the tourism industry to persuade governments to allow airlines to operate freely under the dictates of market forces instead of bureaucratic decrees. In a dinner address to389 words
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163 1995-03-14 1 SINGAPORE The Singapore Tourist Promotion Board (STPB) has signed an agreement with a global tourism body that could see the Republic offering its resources and consultancy services for tourism projects overseas. The Memorandum of Cooperation signed yesterday with the World Travel and Tourism163 words
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298 1995-03-14 1 listless as hopes rise of rate freeze Bloomberg Business News Reuter NEW YORK The dollar was listless yesterday amid speculation that the Federal Reserve would not raise interest rates at its policy-making meeting on March 28. Last Friday's report of a greater-than-expected gain in employment in February had raised expectationsBloomberg Business News; Reuter - 298 words
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Page 1 Advertisements
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Advertisement128 1995-03-14 1 NEW YEAR BEST BUY $399 Autofocus Compact Nikon Camera Centre Max Ptioto #03-10 Centrepoint Tel: 733 3848/733 3868 CONTENT* Companies Spore News 2 S pofe-Wsa .19.21.22 Regional News 3.4.6 Financial 24,25 WwM News 9 Features Itetate Analysis 17 CW>/KLS£. SES »30 Editorial 16 Regional 26 Sports 12 World 21 TV/lifestyle128 words
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Advertisement8 1995-03-14 1 Property: Pg 13 Jakarta property risks a downturn8 words
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Advertisement15 1995-03-14 1 *H£ck lj)ck Siew: Pa 19 A Boustead surprise? "Barings managers must share blame," Pg 1815 words
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Advertisement10 1995-03-14 1 Rising business costs uppermost in most MPs' minds, Pg 210 words
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Advertisement15 1995-03-14 1 Bottom Line: Pa is Does the (JS want a weak BEAUTIFUL LABELS ALL THE TIME15 words
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Advertisement30 1995-03-14 1 NEW YEAR BEST BUY 'Nikon ZOOM 300QD world s maiiest Nikon Camera Centre Super Photo #03-26 Orchard Point Te1:737 4481/734 3816 Govts urged to play bigger tourism role, Pg 230 words
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SINGAPORE NEWS
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EYE on the ECONOMY
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Article, Illustration330 1995-03-14 2 R Sivanithy - By R Sivanithy INTEREST in Sesdaq stocks perked up in February. Business done on the second board totalled 56.2 million units worth 542.27 million, which in dollar terms was 80 per cent higher than the January figure of $23.55 million. The rise also tookSource: SES - 330 words
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Article, Illustration1101 1995-03-14 2 Ven Sreenivasan - In Parliament Yesterday By Ven Sreenivasan WORKER training, government assistance for small and medium enterprises (SMEs), and Singapore's eost competitiveness were on members' minds yesterday when debate on the latest budget began. The 22 Members of Parliament who spoke mostly offered Finance1,101 words
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Article, Illustration476 1995-03-14 2 Chew Farn Chyi - By Chew Farn Chyi FORT Canning Country Club, a members-only retreat with a range of recreational and food and beverage facilities, was officially launched yesterday. The club, centred on the historic former Singapore Command and Staff College476 words
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241 1995-03-14 2 SINGAPORE Cablevision (SCV) has signed up Asia Business News (ABN) for its soon-to-be-launched cable television project. ABN is the second broadcaster to get on to cable TV after Hongkong-based China Entertainment Television Broadcast. It is one of 30 channels that will be provided241 words
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225 1995-03-14 2 THE International Air Transport Association (lATA), an organisation of the world's airlines, has set up its Asia-Pacific regional headquarters in Singapore. A ceremony to mark the event was held yesterday when Communications Minister Mah Bow Tan and lATA di-rector-general Pierre Jeanniot signed225 words
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477 1995-03-14 2 A J Leow - World Travel and Tourism Council meeting By A J Leow GLOBAL tourism leaders who met here yesterday urged governments to play a greater strategie role in the development of the fast growing industry. The president of World Travel and Tourism (WTTC), Geoffrey477 words
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Page 2 Advertisements
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Advertisement219 1995-03-14 2 The sign of exccllence I HARBOUR VIEW DAI-ICHI HOTEL I MINUTES I I J& SUNTEC CENTRE Exhibition Convention I ■lIS (includes complimentary scheduled I jaßllltH *1 transfers to exhibition venues) H iBHRIIi it I mM I Superior Room (Single) I Exhibition Convention Calendar I Dale Exhibition/Convention Venue I 23 26219 words
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SOUTH-EAST ASIA
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Article, Illustration401 1995-03-14 3 Reuter JAKARTA Indonesia yesterday pledged to further deregulate its economy to encourage foreign investment in its remote eastern region after investment approvals soared in the first two months this year. Investment Minister Sanyoto Sastrowardoyo said foreign investment approvals in January andReuter - 401 words
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201 1995-03-14 3 Reuter JAKARTA Indonesia recorded a slight surplus of 10.4 billion rupiah (556.5 million) for its national budget for fiscal year 1994/1995. The official Antara news agency yesterday quoted Finance Minister Mar'ie Muhammad as saying revenues and expenditure were both up at around 72.35 trillion rupiah,Reuter - 201 words
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216 1995-03-14 3 MBT KUALA LUMPUR The Kuala Lumpur Futures Market (KLFM), set to become the country's first financial futures market operator, plans to limit the number of its broker members initially to deter "unhealthy" business practices. General manager Mohd Azwar Mahmud yesterday saidMBT - 216 words
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287 1995-03-14 3 Florence Chong - From Florence Chong in SYDNEY I Mb Asia-Pacific Economic Cooperation (Apec) grouping must soon make concrete moves towards free trade goals to maintain credibility, said Canadian minister Roy MacLaren here yesterday. At a minimum, the next Apec ministerial meeting at287 words
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NOTE BOOK
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72 1995-03-14 3 Reuter PHNOM PENH The Singapore government will soon open an embassy in Cambodia. A senior official at the Foreign Ministry' yesterday said four Singapore diplomats recently arrived to find a suitable site. "The Singapore embassy eould open in July. They were here to findReuter - 72 words
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Article, Illustration57 1995-03-14 3 AFP KUALA LUMPUR Two rare diamonds the 22.26-carat green Chameleon diamond (left) and the 21.3-carat Ping Diamond were shown to the press here yesterday. The Chameleon costs USS9OO.OOO (SSI.2 million) to US$l million while the Ping costs about USS6.7 million. Both will be auctioned by Sotheby's auction houseAFP - 57 words
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64 1995-03-14 3 AFP KUALA LUMPUR Top Asean officials are to hold talks in Singapore this weekend to work out a common stand on a regional security framework. Kamil Jaafar. secretary-general of Malaysia's foreign ministry, yesterday said Asean's senior officials had ploughed through various proposed "confidence-building" measuresAFP - 64 words
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288 1995-03-14 3 UPI BANGKOK Thai police are preparing to enforce a tough new computer software anti-pi-racy law next week, but resourceful copycats are already devising ways to get around it, officials and software dealers said yesterday. Police lieutenant colonel Prasart Subpiputtana of the Economic CrimeUPI - 288 words
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Page 3 Advertisements
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Advertisement333 1995-03-14 3 1 iP7A Wr Ai ffl hi Sflf k 1 JL. Ml K< 1 I iHpp*. V 9 /^1 I M f4H J? -J B|| 41 I A s **">»♦< i 1 19 KhJI M *1 j| Jr IsSE I Whether you're starting up a new business or expanding your existing333 words
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CHINA /HONGKONG/TAIWAN
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CHINA WATCH
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124 1995-03-14 4 AP BLUING Explosions in three neighbouring eoal mines in two days killed a total of 29 people, an official report said yesterday. Two of the mines in C hen/hou, in south China's Hunan province, were unlicensed and operating illegally, and the thirdAP - 124 words
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73 1995-03-14 4 Reuter BEIJING China's top judge yesterday said the courts jailed 341 people for involvement in 411 cases of trademark infringement in 1994 but will intensify their battle against piracy this year. "China has redoubled efforts in the protection of intellectual property rights in recent yearsReuter - 73 words
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73 1995-03-14 4 Bloomberg Business News SHANGHAI Companies in Shanghai's Pudong Development Zone will discuss avoiding China's newest real estate tax when Chinese Premier Li Peng visits next month. Mr Li is visiting the region next month to discuss the preferential terms and policies for PudongBloomberg Business News - 73 words
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70 1995-03-14 4 AFP BEIJING More than 30 Chinese cities have reintroduced grain and oil coupons, rolling back market-oriented price reforms in the face of high inflation and inadequate supplies, the Worker s Daily said yesterdav. After being abolished gradually across the country since mid-1992, cities beganAFP - 70 words
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455 1995-03-14 4 Bloomberg Business News BEIJING Surging exports pushed China's trade surplus to U554.46 billion (556.3 billion) in the first two months of the year, underscoring the problems in China's prickly trade relationship with the United States. China's surplus with theBloomberg Business News - 455 words
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Article, Illustration205 1995-03-14 4 Reuter BEIJING United States Trade Representative Mickey Rantor yesterday signed an agreement with China to extend for seven years a pact on satellite launch services preventing Beijing from sharply undercutting competitors. The accord came on the third and final day of Mr Rantor's visitReuter - 205 words
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253 1995-03-14 4 AFP, Reuter BEIJING The Chinese government has earmarked some 14 billion yuan (552.3 billion) to ease bankruptcies of state enterprises by reimbursing losses to creditor banks, Xinhua reported yesterday. The allocation of the special fundAFP,; Reuter - 253 words
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415 1995-03-14 4 Buyers' market expected at government auction South China Morning Post Reuter, HONGKONG Hongkong investors looking for signs of recovery in the British colony's property market are unlikely to get a clear picture of the market state from a government land auctionSouth China Morning Post; Reuter, - 415 words
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Page 4 Advertisements
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Advertisement22 1995-03-14 4 Arrow premier quality shirts, now in a r|J^| new and surprisingly different range. J Available all fine stores. %t w i'r —L22 words
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Page 5 Advertisements
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Advertisement200 1995-03-14 5 iMillenia TOWER ONETEMASEK AVENUE. SINGAPORE'S NEW CENTRAL BUSINESS DISTRICT IN THE HEART OF MARINA CENTRE THERE AREN'T MANY WORLD CLASS OFFICE TOWERS IN SINGAPORE A STONE S THROW AWAY FROM FIVE 5-STAR HOTELS, 1.5 MILLION SQ. FT OF SHOPS, SOUTHEAST ASIA'S LARGEST CONVENTION CENTRE, 5,000 PARKING SPACES AND EASY ACCESS200 words
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REST OF ASIA
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ASIA NOTES
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Article84 1995-03-14 6 AFP TOKYO Japan's major corporate bankruptcies, each with at least 10 million yen (S$ 156,000) in liabilities, rose 10.7 per cent in February from a year earlier to 1,140 cases. A private credit research agency, Teikoku Databank, yesterday said 22 cases were related to aAFP - 84 words
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66 1995-03-14 6 AFP. CHITTAGONG, Bangladesh Cheaper imports and free-mar-ket reforms are causing many Bangladeshi factories to close and workers to lose their jobs. The Factory Owners Association yesterday said about 50 per cent of more than 600 factories here had been shut over the past several years. "TheAFP. - 66 words
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Article, Illustration56 1995-03-14 6 Reuter SEOUL South Korean Buddhists filing into Chogye Temple here yesterday with roof tiles on their heads. It is a custom for worshippers to write their names on a roof tile, which is then used for extensions or repairs. Chogye Temple is the seat ofReuter - 56 words
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Article87 1995-03-14 6 AFP SEOUL South Korea yesterday gave eight local companies the go-ahead to visit and make business contacts in North Korea. The Unification Ministry said among the eight firms were the Hongkong subsidiaries of Hyosung Corp and Cheil Foods and Chemicals. The six others are smaller companies inAFP - 87 words
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Article51 1995-03-14 6 AFP SEOUL Opposition legislators occupied South Korea's Parliament yesterday after vowing to stop the ruling party from ramming controversial election law changes through the assembly. The ruling Democratic Liberal Party says election law changes are necessary for clean campaigning in local polls in June.AFP - 51 words
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Article, Illustration367 1995-03-14 6 AFP PERTH Former Australian tycoon Alan Bond yesterday elected to face a preliminary hearing in November on charges relating to an alleged Asl billion (551.05 billion) fraud. The charges relate to the transfer of funds from Bell Resources, a company onceAFP - 367 words
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268 1995-03-14 6 AFP, Reuter SEOUL A senior government official yesterday offered Japanese firms tax breaks, loans and other special favours to shift production bases to South Korea. The offer was put forward by Finance and Economy Minister Hong Jae Hyong during talks between topAFP,; Reuter - 268 words
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221 1995-03-14 6 Reuter TOKYO Japanese officials said yesterday they had no remedy for the growing debt burden inflicted by the yen's sharp appreciation on China and other countries with Japanese government loans. "We are keenly aware of the increased debt burdens ofReuter - 221 words
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448 1995-03-14 6 Reuter NEW DELHI Indian firms have started work on eight oil refineries the largest number planned in any country in a bid to more than double India's refining capacity by the turn of the century. Analysts yesterday said the list did not includeReuter - 448 words
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Page 6 Advertisements
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Advertisement236 1995-03-14 6 SB jjjjj B 1 I I The High Life.The High Seas, j 1 The Low Price. I I I C; As you sup caviar and sip champagne on hoard pampered hy the experienced international crew as you H 25 ffa one of Asias ultimate luxury cruise ships, you wont leisurely236 words
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Advertisement254 1995-03-14 6 Getting the right accommodation for the right guest can be tricky. > foremost question in our minds would be "What's the right price?". Luxury comes with a price tag. No frills typifies a cheap. Moderate would mean no confidence, (sigh) What about proximity, travelling and convenience? Would our guests prefer254 words
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Advertisement165 1995-03-14 6 chws£ wm [J 11J ANTIQUE EXHIBITION |f |1 K 9 NEW ARRIVALS:Chinese Antique Porcelain Japanese Antique Porcelain Japanese Antique Scrolls All Items Guaranteed by Antique Certificates Venue: Yi Zhi Xuan Antique Gallery Riverwalk Galleria #03-016, Date: 11 Sat -19 Sun March 1995 Time: 11am Bpm (Sundays Open) ANTIQUE APPRAISAL SESSION165 words
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Page 7 Advertisements
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Advertisement353 1995-03-14 7 As you may already know, Digital has beaten everyone always outperform them by a margin of 400 billion percent. _«J* J else to 64-bit computing, which, among other things, offers Sometimes, the margin is only a few hundred percent. 4 billion times the data addressing capacity of current Or a353 words
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WORLD FOCUS
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Article, Illustration1509 1995-03-14 8 Ralph Liu - Managing derivative Regulators must act fast to curb unrestrained growth in this lucrative but little understood business Reports by Ralph Liu The writer is managing director of Advanced Risk Managements Solutions Pte Ltd, a Singapore-based derivative consulting firm ONE of the most popular1,509 words
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1112 1995-03-14 8 Corporations are moving from 'What are derivatives?' to 'Why use derivatives at all? THERE are a few developing s trends in the risk management 1 business. i Back to basics. Corporations < will seek natural hedging from their normal business opera-1,112 words
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THE WORLD
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432 1995-03-14 9 NYT WASHINGTON Senior Federal Reserve officials are expressing little enthusiasm for raising interest rates further, despite sharp recent declines in the dollar and in the unemployment rate, which have created some pressure for another increase. Four of the Federal ReserveNYT - 432 words
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Article, Illustration259 1995-03-14 9 Reuter SARAJEVO Indonesian President Suharto arrived in Sarajevo yesterday for talks with Bosnian government leaders, a day after a plane carrying senior United Nations officials was hit by gunfire. Mr Suharto flew into the Bosnian capital after UN peacekeepers obtained safety guarantees fromReuter; AFP - 259 words
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WORLD WATCH
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75 1995-03-14 9 Reuter SAN FRANCISCO President Bill Clinton declared on Sunday a large part of California a federal disaster area as floods destroyed some of the state's lushest fields, closed roads and left at least 12 people dead and thousands homeless. Weather forecasters have predicted more rainReuter - 75 words
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Article80 1995-03-14 9 Reuter ISTANBUL Thousands of people from Turkey's minority Alawite Islamic community clashed with police in an Istanbul suburb early yesterday after gunmen in a taxi killed two people and wounded 15 others. Demonstrators set up fiery barricades along two main streets running through the GaziReuter - 80 words
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77 1995-03-14 9 Reuter BRUSSELS The creation of a single European Union currency could cost the banking industry 40 billion European currency units (SS7S billion) or more, a survey by the Banking Federation of the European Union said. The survey, published yesterday, says it will take threeReuter - 77 words
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Article68 1995-03-14 9 Reuter BUENOS AIRES Argentina, determined to stay clear of the devaluation path opened by Mexico and Brazil, announced on Sunday that it was "within inches" of a new International Monetary Fund loan worth US$2 billion (552.9 billion) to US$2.7 billion. The government has promisedReuter - 68 words
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378 1995-03-14 9 World Summit for Social Development AP COPENHAGEN World leaders yesterday adopted a sweeping declaration to fight poverty. The document lacked firm commitments but was still welcomed as a blueprint for reducing global misery. The declaration at the world's first poverty summit, approved byAP - 378 words
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352 1995-03-14 9 Kevin Sullivan - By Kevin Sullivan SINGAPORE The government of Newfoundland has introduced a raft of radical incentives aimed at attracting international investment to the sparsely populated province on Canada's East coast, Newfoundland Trade Minister Charles Furey said in Singapore yesterday. Mr Furey described the province's352 words
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Page 9 Advertisements
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Advertisement181 1995-03-14 9 or the I fll a H too your You can change the new Canofile !l 510 Electronic Filing System. The Canofile 510 sits on a desk. Not in a room. lots also uses a 5 1 i inch Magneto-Optical Disk to store your a |bk erasable pages or the equivalent181 words
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Advertisement2271 1995-03-14 10 ©DBS BANK THE DEVELOPMENT BANK OF SINGAPORE LTD THE DEVELOPMENT BANK OF SINGAPORE LTD AND ITS SUBSIDIARY COMPANIES (Incorporated in the Republic of Singapore) BALANCE SHEET AS AT 31 DECEMBER 1994 DBS BANK DBS GROUP BS BANK DBS GROU, Note 1994 1993 1994 1993 rio,e J** (SS'000) (SSOOO) (SS'000) (SSOOO)2,271 words
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Page 11 Advertisements
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Advertisement1096 1995-03-14 11 g< DBS BANK SHARE PREMIUM ACCOUNT DBS BANK DBS GROUP 1994 1993 1994 1993 (SS'OOO) (SS'OOO) (SS'OOO) (SS'OOO) Balance at 1 January 1,198,903 1.319.542 1,198,903 1.319.542 Exercise of share options pursuant to the DBS BANK SHARE OPTION SCHEME 8.182 13,481 8,182 13,481 Conversion of DBS CPS to ordinary shares and1,096 words
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Advertisement1125 1995-03-14 11 8 ACCOUNTS PAYABLE, PROVISIONS AND ACCRUED CHARGES The following amounts relating to current taxation have been included in this item: DBS BANK DBS GROUP IQQ4 IQQI 1 QQi 1993 (SS'OOO) (SS'OOO) (S$'000) (SS'OOO) Provision for taxation 133,351 172,828 9 GOVERNMENT SECURITIES AND TREASURY BILLS, QUOTED INVESTMENTS The cost less provision1,125 words
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SPORTS
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Article, Illustration451 1995-03-14 12 AP FORT LAUDERDALE, Florida Mark O'Meara blew a six-stroke lead, then repulsed challenges from two of Europe's best on Sunday and scored a one-stroke victory in the Honda Classic. O'Meara, playing through a brief squall late in the day, denied Nick Faldo aAP - 451 words
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292 1995-03-14 12 AP PORT-OF-SPAIN, Trinidad A harried looking Mark Taylor could only shake his head and admit yesterday that Australia just could not stop Brian Lara in their one-day international against the West Indies. Lara led the West Indies with 139, pacing a 134-run victory thatAP - 292 words
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Article, Illustration45 1995-03-14 12 NEW YORK NBA Sunday: Orlando 110 San Antonio 104; Philadelphia 72 Cleveland 92; Boston 98 Atlanta 104; Milwaukee 93 Denver 109; Minnesota 88 Portland 102; LA Clippers 93 Sacramento 105; Miami 86 Utah 96; Detroit 94 Seattle 134; Phoenix 117 Golden State 124 (OT).45 words
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Article, Illustration269 1995-03-14 12 AFP PORr-OF-SPAIN Scoreboard in the third one-day international between West Indies and Australia on Sunday West Indies: P Simmons c Healy b Fleming 6; S Williams run out 6; B Lara c ReifTel b Waugh 139; C Hooper c Slater b ReifTel 41; J Adams not out 51; KAFP - 269 words
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Article, Illustration158 1995-03-14 12 Reuter AGADIR, Morocco Mark James, using a long-handled putter for the first time during a tournament, shot a course record 65 to win the Moroccan Open on Sunday. A seven-under-par final round gave James a 13-under aggregate of 275 and a one-shot victory over fellow Englishman David Gilford, whoReuter - 158 words
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Article, Illustration128 1995-03-14 12 Reuter LONDON England captain Will Carting ended speculation he might retire from the game after this year's World Cup on Sunday by committing himself to at least one more season of international rugby. Carting has led England to five successive wins this season and admits he is enjoying himselfReuter - 128 words
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Article, Illustration183 1995-03-14 12 AFP AFP DELRAY BEACH, Horidi Top-seeded Steffi Graf claimed her sixth Delray Beach women's title here on Sunday with a 6-2 6-4 victory over sccond-sccdcd Spaniard Conchita Martinez. The German needed just an hour and 13 minutes to defeat Martinez, who last year became the first Spanish woman toAFP - 183 words
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Article, Illustration57 1995-03-14 12 Reuter ST MORITZ Participants of the famous Engadin cross-country ski marathon getting ready to start at Maloja near the Swiss winter resort of St Moritz on Sunday. The race leads over a distance of 42 km from Maloja to Zuoz in the River Inn Valley. More thanReuter - 57 words
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665 1995-03-14 12 Shahiron Sahari - By Shahiron Sahari SINGAPORE In spite of watered-down pre-tournament forecasts, the 48th Singapore Cricket Club Sevens at the Padang last weekend turned out to be as good a competition as it has been in recent years. Although there were few household names665 words
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Page 12 Advertisements
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Advertisement400 1995-03-14 12 ©DBS BANK AUDITORS' REPORT To the Members of The Development Bank of Singapore Ltd We have audited the financial statements in accordance with Statements of Auditing Guideline and Statements of Auditing Practice and, accordingly, included such tests of the accounting records and such other auditing procedures as we considered appropriate400 words
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Advertisement282 1995-03-14 12 at Fantastic Low, Low Prices! Better Than any Warehouse Sale MPF 9000 3 Wheel 4 Moiai (■SSk Gflsen^W*^^ Rnif Trniiv /7 Hew W Proßalance Golf Trolly A/ improved p utter Light weight aluminium m Pncpn 'Uiwi with umbrella holder, scorecard i Steel Shaft Wl holder, seat and brakes Hy-roWer Usual282 words
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PROPERTY & CONSTRUCTION
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Article, Illustration398 1995-03-14 13 AFP A US$524 million (***** million) property development, the largest foreign project approved so far in Vietnam, has boosted Taiwan's investments here by around 25 per cent, a report said yesterday. The Jin Wen Group was licensed on Friday toAFP - 398 words
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668 1995-03-14 13 Leslie Lopez - Leslie Lopez looks at the dangers amid the hectic building activity in the city Leslie Lopez CRANES dominate the city's skyline while the din from pile-drivers is ever present. After years of hectic activity, Jakarta's property and construction companies are showing no signs of668 words
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Page 13 Advertisements
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Advertisement343 1995-03-14 13 Auction Profact Type land'area Twiure Siptt PRIVATE Mar 6,1995 1025 Rich Mans .Condo3+l 1675 I FH j 1,730,000 1033 Mar 8,1995 1025 Henry Park Walk-up Apt 3 1500 L 999 J~ 710,000 473 Mar 10,1995 1232 Boon Teck Apt Condo3 1237 ~FH T 670,000 542 Mar 10,1995 2158 HuaGuanAve S-detached343 words
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Advertisement24 1995-03-14 13 I EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertise your Appointments or Notices, call toll-free 1 -800-741-1883 f The Straits Times I24 words
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Advertisement354 1995-03-14 13 CHOOSING SURVEYORS VALUERS A Be a Qualified Real CARFPR Estate Agent r\G,E,rY Th e Real Esta'e Agency Course aims to train estate agents as well as upgrade the present IN standard of agency practice in Singapore. The course consists of 3 parts, each part comprising 8 lectures held once a354 words
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Page 14 Advertisements
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Advertisement954 1995-03-14 14 Nothing Beats A B»d n'fHlfi WHERE TO WINE f DINE AND ENTERTAIN OK Happy ,Hws Ith The 80s. n ow •Better Than Ver Free flow of draught beer $15 from Mondays to Fridays at 6pm Bpm One for one standard drinks 20% off bottle purchases Ladies Night every Monday Tuesday954 words
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Advertisement345 1995-03-14 14 17 to 26 March 1995 Pine Court T Here's a chance for you to sample cuisine from V" Chengde s Ching Dynasty Summer Palace. Experience the way game and poultry are prepared Chengde style, and savour dishes specially created by our guest chefs from Chengde City. For more DySS information,345 words
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LIFESTYLE
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Article, Illustration641 1995-03-14 15 Susan Isang - Theatreworks' Broken Birds is a commendable effort at giving a voice to the voiceless, says Susan Tsang Susan Isang WITH Broken Birds, Theatreworks has excavated a little-known part of Singapore history and introduced it in the form of a docu-drama. The story of Japanese641 words
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253 1995-03-14 15 AP CINDY CRAWFORD, the 28-year-old American glamour girl whose business zeal has earned her the nickname Cindy Inc, made about US$6.5 million (Ss9.l million) in 1994, making her the world's top-paid model, Forbes reported. The twice-monthly business glossy, famed for rankings of theAP - 253 words
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Article, Illustration298 1995-03-14 15 CHATTERBOX UPI UPI UPI AP IN HER latest book. My Lucky Stars: .4 Hollywood Memoir, actress Shirley MacLaine denies she ever had affairs with Frank Sinatra or Dean Martin during her 40-year friendship with them and other members of the Hollywood "Rat Pack". According toUPI; AP - 298 words
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Page 15 Advertisements
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Advertisement416 1995-03-14 15 WHERE TO WINE, DINE AND ENTERTAIN Olde English Eating House j™ 277 Orchard Rd #02-38 Specialists' Centre S (0923) 1 vDIi I V ]A When you spend $25/- or more at Fosters for lunch or afternoon tea from Mon-Sat, show us your valid daily or monthly CBD pass $2/- will416 words
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Page 15 Miscellaneous
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Miscellaneous203 1995-03-14 15 I CRYPTIC CROSSWORD 6 A request principle If order though (4) 10 Foreign currency row with 0 I I 1 I I I 1 Drink provided for a bird in miscty (7) 24 Serving men followed as told the day (4) 3° Covers feasts in the 9 pu( on aifS203 words
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Miscellaneous935 1995-03-14 15 I TV RADIO The Nature Greening operations. might their products are made. In of Our p^ r^ Lucy was part ape and part human, and she lived by a lake 'yWF XdKr jHI^EkSK^S^Ph in Africa. This tiny female Jk the one that scientists, on the H&Rf track of our genes.935 words
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498 1995-03-14 16 EDITORIAL THE United Nations World Summit for Social Development ended yesterday with a 90-page declaration calling for the global eradication of poverty. The countries represented at the Copenhagen meeting numbered 182 more than last year's UN population conference in Cairo, or the 1993 Vienna conference498 words
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WHAT THE OTHERS SAY
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Article191 1995-03-14 16 The Straits Times March 13 THE REPORT about Woodlands Town Garden being used as open-air living space by foreign workers underlines the importance of the decision by two companies, Keppel and L&M, to invest in quarters. This is investing in the future, it being most unlikely thatThe Straits Times March 13 - 191 words
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Article180 1995-03-14 16 Berita Harian - Berita Harian WHAT IS the best way to help the poor to help themselves? This is a thorny question being debated at the Copenhagen UN conference. While enjoying a high growth rate and one of the highest living standards in the world today, Singapore has180 words
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Article188 1995-03-14 16 Lianhe Zaobao - Lianhe Zaobao TODAY, more than 1.3 billion people, most of them in Africa, are living in poverty and eight of the poorest countries in the world are African nations. However, most of the African nations lack even the most basic political conditions for overcoming poverty. Leaders188 words
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Article157 1995-03-14 16 The Nation March 9 WHEN President Clinton manages to break free from the self-doubt and double-guessing that have plagued his first term, he offers a glimpse of a leader with vision and common sense even in areas as troublesome as foreign affairs. Such was theThe Nation March 9 - 157 words
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Article169 1995-03-14 16 Malaysian Business Times March II IT IS ESTIMATED that some MS52 billion worth of Malaysian cargo is shipped via Singapore. That translate to millions of ringgit in business opportunities lost through the handling of the cargo at local ports, not counting the insurance bills andMalaysian Business Times March II - 169 words
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Article177 1995-03-14 16 Bangkok Post March 10 IT SEEMS Myanmar's State Law and Order Restoration Council (Slorc) is about to win a long battle against democracy by overpowering all minority opposition groups and then trying to gain the trust of the world. It is a sad situationBangkok Post March 10 - 177 words
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Article, Illustration1064 1995-03-14 16 Prem Shankar Jha - Prem Shankar Jha says tomorrow's Indian budget must address major concerns like controlling inflation while reducing the fiscal deficit further Prem Shankar Jha The writer, based in New Delhi and former editor of The Hindustan Times, contributed this article to B'T THE BUDGET that1,064 words
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Page 16 Advertisements
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Advertisement116 1995-03-14 16 How lor do you have to go to soo tho biggest range of industrial innovations? Over to Hannover the world's biggest industrial lair In every every specialist seems innovoore the order of the day. Keeping tobs on progress meons meticulous comconstantly updated. Or a to mmbmh mmbh the Hannover where116 words
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Page 16 Miscellaneous
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Miscellaneous69 1995-03-14 16 I oost PMo&ceol M6an-?J1 iri ROWfc OftDfft i vfe. JOST sg£M Nbuß) Tv<e. ResuuT OF TV*6-ftLL t —KRISTOLO OF AMOCIATCO NFWSFAMaS LTO. <MMHI DOONESBURY GARRY TRUDEAU we're getting to rras fast ASUBCAN' THE PROBLEMIS I THEY MN* I 19 EfißOCi. IN HI BUT TT i f 50/ ASK THE SPEAKER.,I69 words
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ANALYSIS
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Article, Illustration1416 1995-03-14 17 Leon Hadar - The Glass-Steagall Act has long forced financial institutions in the US to choose to own either commercial banks or securities firms. Common thinking now is that, in these financially liberated '90s, that restrictive Depression-era law must go. Leon Hadar reports Leon Hadar1,416 words
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Article, Illustration1060 1995-03-14 17 Stephen Vines - Stephen Vines says Hongkong financial secretary-designate Donald Tsang has his work cut out for him in the run-up to 1997 Stephen Vines The writer, a Hongkong-based journalist, contributed this article to BT HONGKONG'S financial secretaries have traditionally wielded great power andReuter - 1,060 words
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Page 17 Advertisements
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Advertisement107 1995-03-14 17 LAND A STRATEGIC FACTORY SITE AT it i\T4M' 6 78 p AYA Land Area Approximately 14,956 I 8,644 8,324 8,005 10,612 sf J L-gso**^r-^T Built-in Area Approximately 17,120 I 14,597 I 13,640 12,957 12,5475f J f r £2EE. Excellent Location Easy Accessibility High Ceiling Own Compound Competitive Rent l 0107 words
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Advertisement118 1995-03-14 17 mm ■V OF SWITZERLAND fltf the electric-kombo I IS NOW SO AFFORDABLE YOU'RE H BOUND TO LOVE IT Mmt Htf fIM IBICO's E-KOMBO lets you punch holes at your fingertips. It is equipped with electrically operated functions. So you can do your u binding work more quickly, easily and effectively.118 words
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490 1995-03-14 18 Bloomberg Business News Reuter, BEIJING China's parliament has begun discussions of the country's first central bank law, which analysts yesterday said marked a milestone in the modernisation of China's financial system although success will depend on implementation. "This is the BundesbankBloomberg Business News; Reuter, - 490 words
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Article, Illustration422 1995-03-14 18 Reuter, AP NEW DELHI India's main opposition group, the Hindu nationalist Bharatiya Janata Party (BJP), yesterday said it would demand that Prime Minister P V Narasimha Rao's government resign when parliament meets today. Yesterday, the ruling Congress (I) Party conceded defeat in local assemblyReuter,; AP; AFP - 422 words
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373 1995-03-14 18 AP LONDON Managers at Barings, the investment bank that went broke on Asian futures markets, must share responsibility for the collapse they blame on trader Nick Leeson, a top securities industry executive said. "It seems to me that Mr LeesonAP - 373 words
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349 1995-03-14 18 AFP TAIPEI Taiwan yesterday offered to recognise China's head of state, in an unprecedented attempt by the Chinese nationalist island to thaw relations with the communist-ruled mainland. Vincent Siew, chairman of the body that formulates policy towards Beijing, told parliament that TaiwanAFP - 349 words
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307 1995-03-14 18 Florence Chong - From Florence Chong in SYDNEY SINGAPORE investors played a key role in keeping the Australian dollar within a narrow band against the greenback in the past weeks, according to a front-page story in the Australian Financial Review headlined "Someone in Singapore is307 words
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145 1995-03-14 18 Reuter BEIJING China yesterday agreed to resume its drive to join the new World Trade Organisation (WTO) after forging a new understanding with one of the ehief obstaeles to its membership the US. US Trade Representative Mickey Kantor said Chinese trade officialsReuter - 145 words
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Article, Illustration818 1995-03-14 18 ANTHONY ROWLEY; ANTHONY ROWLEY - The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent LET the dollar drift. Thus exhorted the New York Times in a leading article late last week. The essence of the argument was that the United States818 words
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Page 18 Advertisements
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Advertisement71 1995-03-14 18 WUCCESS ENSURED BY RIGHT CHOICE AUCTION SALE Freehold Residential Land near Paya Lebar MRT Sub-regional Centre Land area 16,897.3 sm Sr (approx 181,883 sf) i u Plot Ratio up t0 28 gross a Date of Auction 6 April 1995 at 2,30 pm r^P^ M ::r Venue Ballroom 1, 1 Level71 words
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Advertisement8 1995-03-14 18 Pact on satellite launch services extended, Pr 48 words
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Advertisement326 1995-03-14 18 Distributor for Nitsuko Keyphone Systems EPABX SINCfApORE SINGAPORE COMMUNICATIONS conns*' EQUIPMENT CO PTE LTD re/ 278 TOBO ■Every Call Is A Commitment! i Industry briefing on Fund Management I A 1995 Update Recent changes in the regulatory and taxation environment in Singapore are having a significant impact on the fund326 words
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COMPANIES & MARKETS
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473 1995-03-14 19 Genevieve Cua - By Genevieve Cua THE NEW owners of Goodman Fielder Asia intend to develop the group's core food and distribution activities, and will seek to expand its business base into property, infrastructure and financial services. A circular sent to shareholders yesterday473 words
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311 1995-03-14 19 Lilian Ang - By Lilian Ang SINGAPORE L&M Geotechnic has won a $28.8 million contract to do piling work for a new checkpoint at Tuas, where the second road link between Singapore and Malaysia will be built. The group, a subsidiary of the listed L&M, clinched the311 words
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Article, Illustration343 1995-03-14 19 SINGAPORE Asia-Pacific Breweries has launched a $10 million programme to upgrade its kegging, canning and bottling lines to cut operating costs and raise productivity. But deputy general manager Ho Ho expressed concern yesterday that an improvement in profit margins might be eroded by343 words
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664 1995-03-14 19 Ruth Wong - HOCK LOCK SIEW By Ruth Wong KUALA LUMPUR Boustead Holdings Bhd, the diversified flagship of army pension fund Lembaga Tabung Angkatan Tentera (LTAT), was until recently a sleepy counter. Its conservative management, coupled with its heavy exposure to the then weak plantations business, resulted in664 words
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543 1995-03-14 19 Bloomberg Business News SINGAPORE Don't be dismayed if Singapore bank earnings for 1994 don't earn rave reviews. Although their profit growth is tapering off. analysts say, bank stocks are still good buys. v "Banks have very healthy growth rates, and willBloomberg Business News - 543 words
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EYE on your STOCKS
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Article, Illustration174 1995-03-14 19 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at S-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Credit Lyonnais Securities. I)a in a. Fraser. Gk Goh. Kay than. Morgan Grenfell. OngCo. Nomura. Phillip. Smith New Court. WI Carr and SG Warburg.174 words
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Article, Illustration88 1995-03-14 19 Paul Leo - By Paul Leo YEO Hiap Seng Malaysia, at yesterday's close of $3.86, is turning bullish. Daily Relative Strength Index at 25 is indicating an oversold condition. Stochastics below 25 are also indicating an oversold situation. Both weekly and monthly directional indicators MACD are turning bullish. Buy near support88 words
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COMPANIES
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492 1995-03-14 21 Ho Kay Tat - Brokers blame rumour for dragging down stock market From Ho Kay Tat in KUALA LUMPUR MALAYAN Banking Bhd yesterday dismissed as "totally unfounded" rumours that the bank had suffered losses amounting to about US$2OO million (SS2B2 million) from trading in derivatives. Maybank is492 words
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Article, Illustration343 1995-03-14 21 William Chia - By William Chia SINGAPORE Indonesian polyester producer FT IndoRama Synthetics yesterday reported group net earnings of 62.17 billion rupiah (5539.41 million) for 1994, and predicted that earnings this year would nearly double to 120.03 billion rupiah. The company's 1994 profit is 23.51 per343 words
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Article542 1995-03-14 21 llaMCKl' pricn Mar 14 US Gr Fund 0 099" Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.57 1.66 Unifiind 1.30 1.36 The Savings Fund I 40 I 48»d Unibond 1.015 1.045 S'porc Prog Fund 0.57 0.61 United Gr Fund' 1.54 161 S pore Sec Fund 092 0 98542 words
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307 1995-03-14 21 Ho Kay Tat - It's off Idris' plan to merge with Bank of Nova Scotia branch iy Ho Kay Tat KUALA LUMPUR Idris Hydraulic (M) Bhd's plan to merge its finance subsidiary with the Malaysian branch of Canada's Bank of Nova Scotia is off. In a surprise announcement yesterday, Idris said the memorandum of307 words
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140 1995-03-14 21 SINGAPORE Sesdaq-listed Stamford Tyres Corp has signed a memorandum of understanding (MOU) with To-ronto-listed South China Industries (Canada) to form a Sino-foreign joint venture that will retail and distribute tyres in China. Stamford's 60 per cent share of the proposed140 words
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293 1995-03-14 21 Quak Hiang Whai - By Quak Hiang Whai B SINGAPORE Two Indonesian units of Thailand's feedmill group Charoen Pokphand have raised a loan of US$55 million (Ss7B million) here. The syndicated offshore loan signed yesterday was for PT Charoen Pokphand Indonesia (CPI) and its subsidiary PT Charoen293 words
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Article, Illustration494 1995-03-14 22 Lim Soon Neo - From Lim Soon Neo in HONGKONG CATHAY Pacific Airways chalked up a 4.1 per cent increase in net profit to HK52.39 billion (***** million) for 1994 in what chairman Peter Sutch described as "a very difficult year". Weighed down by494 words
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264 1995-03-14 22 Bloomberg Business News BEIJING The chairman of China's sprawling international conglomerate, China International Trust Investment Corp, is not being replaced by his deputy, according to a company official yesterday. Some foreign media reported last week that 71-year-old Wei Mingyi would retire fromBloomberg Business News - 264 words
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370 1995-03-14 22 Reuter BEIJING After years of chaos, China's native-language computer market began to gel yesterday in an alliance of global software giant Microsoft Corp. Chinese desktop computer leader AST Research Inc. and hot local software upstart SunTendy. AST unveiled a series ofReuter - 370 words
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264 1995-03-14 22 Bernama MELBOURNE Australian diamond producer and explorer Ashton Mining Ltd, in which Malaysian Mining Corp is a major shareholder, yesterday reported a fall in net profit from A 536.6 million (Ss3B million) in 1993 to A 531.7 million for 1994 despite a record annualBernama - 264 words
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530 1995-03-14 22 MARKET WATCH Reuter KARACHI Pakistani stocks, battered by violence in Karachi, are likely to sufTer further blows following last week's killing of two US consulate staffers, analysts say. "The present downward trend is the natural reaction of violence," said Jahangir SiddiquiReuter - 530 words
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454 1995-03-14 23 Partners' capital fell by 4.7%, says research report Bloomberg Business News NEW YORK Goldman Sachs Group LP's profits tell 81 per cent last year, according to a research report, confirming that 1994 was its worst year in memory. The Fitch Investors Service report, whichBloomberg Business News - 454 words
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319 1995-03-14 23 Bloomberg Business News LONDON Schroders pic will report a 3 per cent rise in pre-tax profit to £201.8 million (***** million) tomorrow as gains in fund management help offset declines in investment banking income, analysts said. A survey of nineBloomberg Business News - 319 words
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191 1995-03-14 23 Reuter LONDON Trafalgar House pic is believed to be considering an appeal to the UK takeover panel after its revised £9.50-per-share (SS2I) bid for Northern Electric pic was rejected by the company's board late on Friday, an article in theReuter - 191 words
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COMPANY BRIEFS
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Article, Illustration65 1995-03-14 23 AFP HANOVER, Germany Microsoft president Bill Gates making a spccch titled "The future starts now: Windows 95" at the international computer fair CeBIT here on Sunday. Microsoft Corp will ship over 400,000 test versions of its latest computer software this month in order to workAFP - 65 words
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58 1995-03-14 23 Reuter LONDON JP Morgan and Co Inc was the largest trading house in emerging market debt last year with a turnover of US$3l9 billion (***** billion) face value, according to a survey by Emerging Markets Investor magazine. Morgan was followed by Chase Manhattan Corp withReuter - 58 words
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48 1995-03-14 23 AFP PARIS Trading of plummeting shares of the French telecommunications giant Alcatel Alsthom was suspended here yesterday following a magistrate's decision on Friday to bar Alcatcl president Pierre Suard from office and charge him with fraud. The company asked for the suspension. AFPAFP - 48 words
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105 1995-03-14 23 Reuter LONDON Senior executives of the CS Holding group said yesterday they will vigorously defend lawsuits brought against units of the company. Malaysian company Bcrjaya Industrial Bcrhad earlier this month filed suit in Kuala Lumpur against CS first Boston (Singapore) Ltd, CS First BostonReuter - 105 words
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FINANCE & COMMODITIES
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327 1995-03-14 24 Soh Tiang Keng - By! Soh Tiang Keng SINGAPORE No time frame has been set for the installation of Access the electronic trading system of the New York Mercantile Exchange (Nymex) in Singapore. This was revealed yesterday by Daniel Carr, director of327 words
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268 1995-03-14 24 Reuter TORONTO A string of controversial acquisitions is drawing attention to Canada's largest single pension plan, the massive Ontario Teachers' Pension Plan Board. Observers say recent deals seem more like partnerships than investments, confirming that the sleepy days of the past forReuter - 268 words
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328 1995-03-14 24 Reuter LONDON Merrill Lynch Co Inc is fully committed to further developing its commodity business despite its recent loss of several key metal traders, said Flavio Bartmann, a Merrill Lynch managing director. Mr Bartmann, global head of commodities sales andReuter - 328 words
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171 1995-03-14 24 Reuter LONDON UK merchant banks, with more than a decade of experience in privatising state companies at home, have captured a sizeable slice of privatisation work worldwide, the Financial Times said. Five of the top 10 financial advisers in terms of new privatisation mandatesReuter - 171 words
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Article, Illustration440 1995-03-14 24 Reuter MELBOURNE Resource analysts sniggered five years ago when the late Rebbe Menachem Schneerson of the Jewish Orthodox Lubavitch sect in New York prophesied mining entrepreneur Joseph Gutnick would find gold and diamonds. But the smirks have become strained in recent years as MrReuter - 440 words
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186 1995-03-14 24 Bernama KOTA KINABALU Malaysian cocoa products are expected to be widely marketed in China with the signing of a Memorandum of Understanding (MOU) between the Malaysian Cocoa Board (MCB) and China's Wuxi Institute of Light Industries (WILI) here yesterday. Under theBernama - 186 words
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313 1995-03-14 24 ENERGY REPORT Reuter BAGHDAD Foreign oil company executives leaving Baghdad after an oil conference are lining themselves up to develop giant oilfields once UN sanctions against Iraq are lifted. "As soon as the embargo is lifted we hope to be among the firstReuter - 313 words
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Article86 1995-03-14 24 AFP NEW YORK The dollar weakened again against other major currencies in early New York trading yesterday, largely due to the rise of the German mark on overseas markets overnight. At 10 am (1500 GMT) the dollar was trading at 1.4065 marks, down from 1.4120 on Friday, andAFP - 86 words
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Article207 1995-03-14 24 Reuter LONDON The dollar guarded the downside in a nervous European market despite signs of continued demand for the mark, traders said. The dollar managed to cling to support at 1.40 marks and after a brief slide below 90 yen it steadied against the Japanese currency. The mark,Reuter - 207 words
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Article, Illustration1561 1995-03-14 24 I wJe-otighlnJ inJex ivknlaiai axainsi S'piirt'i (<>p 14 trading parinm Bom- yvar 198! US$/S$ forward rates Noon /Mar 13 ss Bid Offer 1-month 1.4067 1.4082 2-month 1.4024 1 4039 3-month 1.3985 1.4000 6-month 1.3883 1.3903 &»nr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9mi m Mar 13 Singapore1,561 words
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COMMODITIES & FUTURES
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Article1396 1995-03-14 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended higher on speculation of a Japanese interest rate cut and Eurodollar futures closed slightly firmer. Dealers said the December Euroyen contract rose following a higher-than-expected injection by the Bank of Japan which fuelled expectations of easing interest rates.Reuter - 1,396 words
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665 1995-03-14 25 gjiiifwTlmvtt f Trffl i? Rubber SINGAPORE: Rubber futures closed lower across the board in line with plunging Japanese prices, brokers said. They said all Tokyo rubber futures prices plunged the daily seven-yen a kg limit on stop-loss selling due to the yen's appreciation against665 words
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KNIGHT-RIDDER COMMODITY SUMMARY
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102 1995-03-14 25 TOKYO Japan's Ministry of International Trade and Industry is still considering selling molybdenum from its stockpiles but has not yet decided to begin such sales, according to a Miti official. Molybdenum is used by steelmakers to produce heat-treatable engineering steels and alloys. Japan's Nihon Keizei102 words
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104 1995-03-14 25 SEOUL Premia for copper cathode imports for immediate delivery to South Korean ports are now fetching around USSBO-90 a tonne, down from about USSIOO at the end of 1994, metals traders in Seoul said yesterday. "Spot demand has been and will be sluggish in the104 words
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Article52 1995-03-14 25 HAMBURG The European Union Cereals Management Committee has made another 300,000 tonnes of German intervention soft wheat available for export, according to the German Agricultural Ministry. That brings the total amount of German intervention wheat for export to 1.8 million tonnes, an official at the52 words
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35 1995-03-14 25 SINGAPORE Two Taiwanese groups may return to the market to cover their April soybean requirements this week, while Japan is expected to be absent on strong freight rates, traders said.35 words
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Article1439 1995-03-14 25 SICOM Futures Mar 13 Rubber (futures closing as at 5.30pm) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonne*) Interest Apr 95 261 00 253.00 253.50 300 U75 May 252.00 262) Jun 247.00 2275 Jul/Sep 246 00 244 00 245 00 150 6300 Oct/Dcc1,439 words
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REGIONAL STOCK MARKETS
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Article569 1995-03-14 26 +24.57 Philippine share prices staged a moderate rally yesterday to end 1.06 per cent higher on the back of Wall Street's record-breaking surge on Friday, analysts said. The PSE Composite Index gained 24.57 points at 2,335.53 following a three-week decline. Volume fell 40.4 per cent to 1.357 billion shares569 words
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Article926 1995-03-14 26 15.6 A RECORD closing high on Wall Street on Friday propelled the Australian share market to a slightly higher close yesterday with low volume preventing a stronger performance, dealers said. t The key All Ordinaries Index ended 15.6 points higher at 1,884.5 while the All Industrials Index gained 21.9926 words
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Article574 1995-03-14 26 +22.20 Taiwan share prices closed firmer but off early highs as willingness to push up share prices was weak over inflationary worries, brokers said. The Weighted Price Index, which rose to 6,525.89 at one stage, closed up 22.20 points or 0.34 per cent at 6,503.18. Turnover was NTS34.B billion574 words
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Article450 1995-03-14 26 -1.03 Share prices finished lower yesterday on the Korea Stock Exchange, as arbitrage selling eroded an early sharp gain, brokers said. The Composite Price Index recorded a slight loss of 1.03 points to close at 953.17 points, ending a bullish march for the past nine trading days. Trading volume450 words
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Article312 1995-03-14 26 +6.10 New Zealand's share market posted a slim gain despite the Dow's hefty hike on Friday disappointing brokers who said the result reflected New Zealand investors' lack of confidence in the share market. Ord Minnett's John Rattray said expectations were for the NZSE-40 Capital Index to rise 15312 words
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Article163 1995-03-14 26 -105.88 Share prices plunged on the Bombay Stock Exchange yesterday after the ruling Congress (I) party suffered a stunning defeat in state polls in two key western states. Maharashtra and Gujarat. The 30-share BSE Index lost 105.88 points to close at 3,410.11 points. Analysts said the Congress polls debacle163 words
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WORLD STOCK MARKETS
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Article647 1995-03-14 26 -9.3 BLUE chips drifted to close near their day's low in thin volume as weakness in the Dow weighed on market sentiment, with dealers remaining nervous over currency weakness despite a steady dollar and firmer sterling. The FTSE-100 Index closed off 9.3 points at 3,oll.B,'after having risen to 3,031.9647 words
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Article100 1995-03-14 26 -21.3 The Paris bours£ was dealt a sharp setback yesterday as the CAC-40 Index finished the day at 1,721.80 points, off 21.3 points or 1.22 per cent from 4 the Friday close. Paris Mar 13 Fr Air LiquhJc '380 +9.0 Alcatel Anathom 394 7 5 BNP Pans 217* -3.3100 words
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Article177 1995-03-14 26 +5.47 German shares slipped in post-bourse trade over dollar worries, fear of strong mark on European crosses and an indecisive Wall Street opening. Thin trade saw DAX follow futures down. The 30-share DAX Index closed up 5.47 points at 1,999.49. Frankfurt Mar 13 DM AEG 137 00 01 BASF177 words
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Article202 1995-03-14 26 +5.92 Belgian stocks closed higher as optimism about strong US growth boosted earnings hopes of Belgian exporters to the US. The Bel-20 Index of leading stocks closed up 5.92 points at 1,288.16. The Bel-20 is particularly sensitive to the US influences as many of the multinational companies quoted on202 words
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Article150 1995-03-14 26 -173 Shares ended close to session lows as lira and bond weakness and the indifferent performance of other bourses accelerated selling in a market where few want to buy. Views were mixed on how far prices can continue falling, although much will clearly depend on the outcome of the150 words
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Article189 1995-03-14 26 +0.26 Swedish stocks closed little changed after an increase in drugmaker Astra AB offset a decline in bonds and the krona. The yield on the benchmark 6 per cent bond due 2005 rose to 11.19 per cent from Friday's 11.15 per cent, but was off an earlier high of189 words
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Article220 1995-03-14 26 -6.94 Swiss shares fell back from a firm morning session to close lower as investors, worried about the weak dollar, turned to profit-taking in the afternoon. Volume was light. Selling came mainly from shortterm investors. Dealers declined to forecast today's market. The Broad SPI Index was down 6.94 to220 words
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Article303 1995-03-14 26 -0.33 Shares finished lower on the .day, dribbling back slowly from the highs reached in the opening minutes of the session as investors drifted away from the market, concerned the dollar could again come under pressure. "People are still worried about the dollar," said a trader. The AEX Index303 words
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Article719 1995-03-14 26 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit )8 MOO 18 6500 Mim Jersey Gib— ..tt.1193 0.1992 Mim Ma* Income *0*900 "09)00 I S$ Cash Income Plus Fund *9 7000 *10 3200 PS S Rome Fund 5.4200 5 4100 Sterling Equity Euro Performance .0.4592 0 49M Far East Fund719 words
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Article379 1995-03-14 26 13.7 South African shares finished mixed yesterday as the scrapping of the financial rand and subsequent strengthening in the unified unit dragged gold shares lower, dealers said. They said initially nervous trade had turned more bullish later and was reflected in a strong industrial market amid foreign demand in379 words
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Article243 1995-03-14 26 +5.83 Stocks rose early on buoyant gold shares which rallied after bullion prices hit new seven-week highs, traders said. The TSE-300 Composite Index climbed 5.83 points to 4,173.37 on volume of nine million shares valued at C 591.5 million. Advancing stocks outpaced declines 180 to 107, with 192 issues243 words
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Article797 1995-03-14 26 -10.38 The Dow Jones Industrial Average, which soared 52.22 points to a new high of 4,035.61 on Friday, was down 10.38 points to 4.025.23 at 11 am EST. The New York Stock Exchange Composite Index was oft 0.05 to 264.78, while Standard Poor's 500-stock Index was down 0.15797 words
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Article, Illustration3166 1995-03-14 27 Bloomberg Business News HONGKONG The benchmark Hang Seng Index of stock prices rose more than 2 per cent on strong demand for apartments sold by top real estate company Sun Hung Kai Properties and in response to record highs set by US stocks on Friday. The Hang Seng IndexBloomberg Business News; Source: Bridge Info - 3,166 words
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Article, Illustration587 1995-03-14 27 EXCLUDING Luoyang Glass, Shanghai Petrochemical and Yizheng which rose around 5 per cent, Hongkong H shares underperformed across the board with the CLSA H Index edging up just 1.8 per cent. Qingling Motors continued to fall another 1.9 per cent due to continued concerns over the company's yen exposure.587 words
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Article, Illustration2581 1995-03-14 27 Bloomberg Business News TOKYO Stocks were mixed as a rally in pharmaceutical and food shares offset concerns about the yen's recent rise against the dollar. Electronics and brokerage shares fell while food and chemical issues rose. "Investors are looking for issues that are less exposed to the yen," saidBloomberg Business News; Source: Bridge Info - 2,581 words
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Article, Illustration1801 1995-03-14 27 Reuter BANGKOK Despite some bargain-hunting. Thai stocks closed lower on concerns over the fluctuating dollar and tight domestic liquidity, brokers said. The SfcT Index closed down 14.81 points at 1,174.67 after moving between 1,172.04 and 1.201.71. A total of 47.5 million shares worth 3.56 billion baht changed hands. "UncertaintyReuter; Source: Bridge Info - 1,801 words
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Article, Illustration1198 1995-03-14 27 Reuter JAKARTA Share prices closed lower in lacklustre trading as market sentiment remained weak and players cut losses across the board, brokers said. "Local and foreign players appeared to cut losses, particularly in finance and property stocks." one broker said. Sentiment remained cautious despite an increase in Wall StreetReuter; Source: Bridge Info - 1,198 words
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Article2297 1995-03-14 28 Gf Cf Last Vol Day La* <>»«» W* W* *5* *•< «l> High Low ompw) Sale (HOO) High Lxm Seller CVr P t Smil MALAYSIAN STOCKS Jn 0 "412 73 m MSB 50c 360 -8 640 382 358 MO 362 J O -2 U 36.9 206 77 J2,297 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration6134 1995-03-14 28 AFP KUALA LUMPUR Share prices ended marginally lower yesterday, plagued by uncertainties over the US dollar and a lack of domestic leads, brokers said. The 86-stock weighted Composite Index fell 3.10 points, or 0.3 per cent, to 932.02 from 935.12 on Friday. TurnoverAFP; Source: Bridge Info - 6,134 words
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STOCK EXCHANGE OF SINGAPORE
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Article8591 1995-03-14 29 MAM BOARD Transaction date: Mar 13 Oi U M Ml I4HW Ij4 111) iMQwh I»i» Di» lid Vl Cf A»g Hick Low {uinpaa, Sale 000) High I «w B«>er Seller S ft S Pit. Smil Prk* INDUSTRIAL AND COMMERCIAL 7 20* 188 mis Acma 50c 41* unch 271 4*2 41*8,591 words
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Article, Illustration1916 1995-03-14 30 R Sivanithy - By R Sivanithy SINGAPORE Worries concerning the future of the US dollar and a drying up of liquidity were the two features in the local stock market yesterday that led to a broadbased weakening in prices. Observers said the market was stillCharts by Bridge Info; Source: Bloomberg - 1,916 words
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Advertisement295 1995-03-14 19 Closing Share Prices WW/ on the Stock Exchange of Singapore rri&H 13th March, 1995 Jardine Matheson (JMH) US$ 8.70 FnTmlTl Jardine Strategic (JSH) US$ 3.76 Published by Jardine Fleming International Securities Limited (Incorporated in British Virgin Islands! The hhhiihhhh Proceed carefully before v JH One glance at the Da Vinci295 words
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Advertisement546 1995-03-14 20 Astronomical cost has kept the future of personal communications upintheair. A TA 1 Today's market is clamoring for VVC VC I Llo 1 truly portable, global personal comj munications. But the costs of such a system costs that will ultimately "1 *4- come out of the consumer's pocket Il|lll ly546 words
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Advertisement250 1995-03-14 21 The Perfect Business Case. No Matter What Position "Vbu'ieln. 3'Quantum Focus* No matter more, this Quantum feature what position distinctive lawyer, models: musician,CEOClassic, Samsonite* Quantum* Milano. Just the are remarkably versatile. That's edge you need to because only Samsonite features work smart around the office, around an exclusive Smart Hinge,*250 words
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Advertisement382 1995-03-14 22 CHINA INDIA t 1 HONG KONG 1 VIETNAM I 1 THAILAND I i l MALAYSIA l <5 SOUTH KOREA II B TAIWAN PHILIPPINES mmmmmmmmmmmm—mmmmmmmmmmmmmmmmmm INDONESIA SINGAPORE UNITED BASIC REGIONAL FUND. UNITED ENHANCED REGIONAL FUND. Were United With its booming economies consistently yielding the Basic Investment Scheme (BIS). Created with the382 words
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Advertisement96 1995-03-14 23 Wc provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified96 words
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Advertisement519 1995-03-14 23 1-Day Seminar on mM U (Doing Business Opportunities, Problems Solutions) covering An Overview of the Economy; the Key Growth Sectors; Latest Economic Policies Reforms; Trade Investment Opportunities; The Legal Framework; The Business Environment; Practical Problems of Doing Business in Vietnam and Recommended Solutions; Strategies for Breaking into Vietnam Market by519 words
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Advertisement259 1995-03-14 24 The SIM, in collaboration with Henley Management College and Brunei University, invites applications for the 4th intake of the DBA programme commencing in June 1995. The DBA Programme The Doctor of Business Administration (DBA) programme is designed to focus on the skills required at senior level management, consultancy, management development259 words
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Advertisement25 1995-03-14 24 For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 1800-749-2577.25 words
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Advertisement79 1995-03-14 25 Financial News Kill A Quick Look At The Mfl I Market! Call 24 hours a day for I SES KLSE midday I I reports, I market reports and business news. Cost: 30 cents a minute orBamsedby: INFlliline An SPH AudioTcx Servicc BUY*? FIND^ Classified ads make finding a job an79 words
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Advertisement20 1995-03-14 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.20 words
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Advertisement31 1995-03-14 27 HWith over 215 million cords honoured at over 12 million establishments, I MasterCard puts the whole world in your hands. And it gives you easy access to«cash,at 380,000 bank worldwide. Bond31 words
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Advertisement22 1995-03-14 28 YOU'VE GOT THE WHOLE WORLD IN YOUR HANDS f: MasterCard 4 JUA i JKv I* -'i) C KlSS^l I Wl> L i_:22 words
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Advertisement62 1995-03-14 29 s WATCH FOR THOSE WITH K3BMB Sole Agent DICKSON WATCH JEWELLERY (S) PTE LTD CHOPARD BOUTIQUE: WISMA ATRIA 435 Orchard Road #02-36 Singapore 0923 Tel *****51 DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchard Road #01-03 Singapore 0923 Tel *****00 CENTREPOINT 176 Orchard Road #01 05/06 Singapore 0923 Tel *****22 Service62 words
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Page 30 Advertisements
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Advertisement81 1995-03-14 30 Fully and tastefully furnished executive office suites Complete, up-to-date business support facilities Full-time staff at your service Conference room, impressive reception area Flexible long/short term lease, very reasonable rates with absolutely no hidden charges Call us now...a visit will convince you MMig WORLD WIDE WWW BUSINESS CENTRE PTE LTD 11181 words
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Advertisement25 1995-03-14 30 J I'm a human resource manager. I rely on The Straits Times Classified to get my job done. CATS. 1800-737-1166 Call Today For Results Tomorrow.25 words
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Advertisement500 1995-03-14 30 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 For Sale By Tender 'SzrJ' Location: 273 South Bridge Road (Within the Chinatown Conservation Area) v\ Land Area 287sq m/3,0895q ft xk Sm Total gross floor area Approx. 933.435q m/ 10,047 sq ft V\ Tenure 999 years wef. 1 October 1823 Tender Closing Date 12500 words
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Shipping Times
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418 1995-03-14 31 Rahita Elias - By Rahita Elias SINGAPORE Taiwan shipping giant Evergreen Marine Corp will launch a weekly service between the US west coast and East Asia, using Singapore as its Southeast Asian hub. An Evergreen spokesman said: "This Singapore Express service, which starts in418 words
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562 1995-03-14 31 Ramesh Divyanathan - ADMIRALTY CASKHOOk By Ramesh Divyanathan SINGAPORE A tugboat company whose boats accidentally hit a floating fish farm after breaking from their moorings in a storm has been ordered to pay damages. In making this decision, the Court of Appeal overruled an earlier verdict and562 words
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342 1995-03-14 31 Bernama KUALA LUMPUR The delays and bottlenecks in cargo clearing at all seaports in Malaysia were expected to be eased by mid-April under an efficiency exercise to be launched by the Transport Ministry on Saturday. Transport Minister Ling Liong Sik said yesterday theBernama - 342 words
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598 1995-03-14 31 Page Col Able Shpg 7 4/5 Accord Group 8 1-3 ACL 9 1/2 •Ahlers Lines 12 1 Ahrenkicl Liner 4 1/2 •Appcnship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line, The 9 5598 words
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227 1995-03-14 31 SINGAPORE Twelve of the 1,500 ships which bunkered in Singapore last month received fuel with a high content of aluminium and silicon, the Port of Singapore Authority said yesterday. One of the ships has since lodged a report with PSA, which is currently227 words
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Article, Illustration259 1995-03-14 31 AFP ST JOHN'S, Canada A judge here ordered the release on bond on Sunday of the captain of a Spanish trawler seized last Thursday in international waters in a dispute over fishing quotas, a court official said. The captain of the 60-metre EstaiAFP; Reuter - 259 words
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Article1879 1995-03-14 32 THE Baltic Freight Index for spot dry cargo shipping rates rose to 2,176 on Friday from 2,111 on Mar 9. Thursday's New York fixture of a Panamax vessel on the US Gulf/Japan route at US$37 sent the Baltic Freight Index (BFI) to a new record on Friday but1,879 words
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Article190 1995-03-14 32 COURSES Title: International Freight Forwarding II (SDF 50%) Duration: Mar 14 Jun 30 Organiser Singapore Freight Forwarders Association Tel: For further details contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Shipping Law Disputes (SDF Case-by-Case Basis) Duration: Apr 5 May 17 Organiser Singapore National Shipping Association Tel:190 words
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Article, Illustration749 1995-03-14 33 Ever bigger containerships are being built. But large ports and high trade volumes are necessary for the use of these jumbo carriers International Transport Journal HERE has been an un- checked trend towards << I large containerships for I about seven years.International Transport Journal - 749 words
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Article11347 1995-03-14 40 This is a list of ships loading at Ap Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping E line involved and the estimated dates of arrival and departure from n the Port of Singapore. M LEGEND PN: ship11,347 words
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Article, Illustration803 1995-03-14 43 Neil Winton - California has ruled that by 1998, 2 per cent of all its cars must emit no pollution. But Neil Winton discovers that the industry has yet to make battery power provide sufficient speed, range and convenience at a price to tempkbuyers Neil WintonReuter - 803 words
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Article3095 1995-03-14 44 A X IL.BC Containerline NV: Belsin Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Croup: Accord Shpg Pte Ltd (Sy Accord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg A Trdg Pte Ltd (S) Ahreukiel Liner Scrvice: Kim Shpg A Trdg(S). Albntros Sen-Air Service; Frata3,095 words
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Article162 1995-03-14 44 CONFERENCES CONSORTIA OSKLto Mwon Liner system; E ■saline, 1 East Ma Rati Agiiwwrt (IAHA): American President Lines; Orient Overseas Container Line; It" Line; Malaysian International Shipping Corporation; Neptune Orient Lines; SeaLand; A P Moller Macrsk Line; TSK Line. ACE (Far Eact/Empa): "K" Line; Neptune I Orient Lines; Orient Overseas Container162 words
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Article278 1995-03-14 44 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express I ra»el Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716, *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-link International Td: 344-3377. Fax: 345-6450. Cluster link Supplies Services278 words
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Article1504 1995-03-14 44 Abex Express Freight Td: 542-7171. Fax: *****84 Actinic Forwarder Td: 225-1833. Fax: *****42. Activak Singapore Td: 542-7822. Fax *****20. Aeroliak Freight International Td: 545-8033. Fax: *****05 Aerospeed Td: 542-5911. Fax: *****18. Air Cargo No*o Express Td: 542-5454. Fax: *****06 Air Express Internatioaal Td: 542-7666. Fax: *****74. *****50 Air1,504 words
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Article2654 1995-03-14 45 ANGOLA Cabinda: First exports due this month from Kokongo Field designated as Nemba crude. Soyo: All terminals loading according to programme. ARGENTINA Diamante, Santa Fe: No vessels berthed, no vessels in roads, one vessel due. San Lorenzo: Five vessels berthed of which 1 loading soya bean meal pellets,2,654 words
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Article998 1995-03-14 45 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA LIU Ports of Calls Fort Agent Telephone No MARCH 14 14 Rcnaissancc I Cruise to Nowhere Renaissance Cruises 222-3388 14 14 Langkapuri Star Port Klang Jardine Shpg Agencies 224-1052 Aquarius 14 14 Columbus Caravelle Kukup Harpers Shipping 221-1388 14998 words
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Article827 1995-03-14 45 MESSRS Ceres Hellenic feature again as sellers this week. Following their recent disposals which have included a couple of VLCC's for demolition, they are now reported to have sold two panamax bulkcarriers to Greek buyers and a handy tanker to Monte Carlo based Italians. Virtually all the activity827 words
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SHIPS IN PORT
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Article574 1995-03-14 46 IbmI Vty Wo B«fth toM Oqwtae Vwd Vot Wo Bwth fcmal Oepifhse hroM Port Brastag 1 *10 96 P03 1403/1630 1403/2300 Mm laya *66 13 1403/0600 Caia»a ***** ***** P03 14 03,0/30 IS 03/1000 Balar 03/02/95 12 *r«s«Je 1403/0300 C4ia Balam 011 P01* 14 03/1200 14 03/1300574 words
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Article1412 1995-03-14 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Baiance Rslts Ship Voy No Etb/Btr Period From To From to Sm* 161* 15/1000 IB 13/1500 13/1659 13/1900 28 13/1700 14/0659 14/0900 4 14/1200 14/1459 14/1 TOO Pmfc OOS8A 16/0700 1A1,412 words
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Article875 1995-03-14 46 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and875 words
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Article600 1995-03-14 46 taroon Mar 9 Denaly Water Reate Mi Akmmun Sedment Deraity Water Indue Mi tomn S«MM X MM Mjtf Exxon c£> KG/IT3 %V/V X M/M M/M PPM method HG/HT3 V/V M/M I M/M PPM medtt ad. Eastern USA 180 Aw 985 0.4 13.0 0 08 24 A600 words
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AIR AND LAND TRANSPORT NEWS
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445 1995-03-14 48 Washington Post WASHINGTON The Clinton administration waived a key provision of federal pension regulations on Sunday to allow General Motors Corp to use US$6 billion (SSB.7 billion) of its own stock to help finance its employee retirement plan. The waiver from the LabourWashington Post - 445 words
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Article, Illustration261 1995-03-14 48 Rahita Elias - By Rahita Elias SINGAPORE DHL Worldwide Express has launched the Jumbo Box to cater to airfreight shipments in the 10 to 25 kg range. Singapore is the launching pad for the service, which will be extended later to Malaysia, Indonesia, India andPhoto by Chris Loh - 261 words
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226 1995-03-14 48 AFP MANILA Philippine police have asked the family of a Japanese man killed in a mid-air explosion on a Philippine Air Lines (PAL) flight to file charges against suspected terrorist Ramzi Ahmed Yousef, police sources here said yesterday. They said they suspectedAFP - 226 words
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362 1995-03-14 48 Washington Post WASHINGTON The US Transportation Department's inspector general is investigating whether Denver officials diverted revenue from federal funds intended for the city's new airport to other civic services, officials confirmed on Sunday. The investigation, which covers a period that includes TransportationWashington Post - 362 words
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231 1995-03-14 48 AFP BEIJING A Sino-French auto joint venture plans to pump 3.8 billion yuan (***** million) into its operation in central Wuhan, making the firm one of the largest car manufacturers in China, a report said yesterday. The 10.S billion yuan Dongfeng-Citroen Automobile Co LtdAFP - 231 words
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93 1995-03-14 48 Reuter MUNICH, Germany A 20 km oil slick stretched down the river Danube towards the southern German city of Passau on Sunday after a Dutch tanker barge carrying 1,700 tonnes of heating oil ran aground, police said. They estimated some 30,000 litres of theReuter - 93 words
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79 1995-03-14 48 Reuter TOKYO Kawasaki Heavy Industries Ltd and Mitsui and Co Ltd won a US$lBO million (SS26I million) order for 114 dou-ble-deck rail cars from Long Island Rail Road of the United States, a Kawasaki Heavy spokesman said yesterday. The cars will be deliveredReuter - 79 words
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117 1995-03-14 48 Reuter LONDON British carmaker Rover Group, acquired by Bayerische Motoren-Werke AG a year ago, plans a sharp increase in investment to boost production and finance new model programmes, yesterday's Financial Times reported. The newspaper said an expansion of Rover's engineering facilities were scheduled toReuter - 117 words
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Article128 1995-03-14 48 AFP TOKYO Japan's All Nippon Airways (ANA) will terminate its business tie-up with Russia's Aeroflot this month as it will start new direct flights to Europe, a company spokesman said yesterday. The Japanese company applied last week to the transport ministry to stop severalAFP - 128 words
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174 1995-03-14 48 Reuter LONDON The British government's plans to privatise British Rail will receive a boost this week when the London Sc Continental Railways (LCR) consortium steps in to bid for passenger franchises, yesterday's Financial Times said. LCR is one of four consortia bidding toReuter - 174 words
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Article1586 1995-03-14 48 g& nm ct* no tn_ nm m ngt n®. Mm MmM GA974 2245 fataafca SQ969 1720 SQ990 0125 Jim Qf81 1930 QF82 2050 toww SR183 2140 SQ228 2110 Haad VN741 1310 VN740 1410 AntstmUm KL837 1540 GA892 0010 TG407 2120 MM 1920 GA897 1655 KLB44 01151,586 words
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Advertisement7 1995-03-14 31 REGIONAL ANALYSIS Every Wednesday in Business Times7 words
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Advertisement26 1995-03-14 31 Lines and service* represented by Members of the Registry of Accredited Shipping Agents, Singapore National IvLifi Shipping Association. For advert/sing enquiries, contact Shipping Times. Tel 740-2089/740-209026 words
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Advertisement65 1995-03-14 31 China Express Service rv m. Shanghai Direct Xingang to Qingdao Effective from April '95 pis see Pa 6 for schedule Is there really a need for jumbo carriers? Pg 3 Electric cars seen driving up blind alley, Pg 13 US waives federal pension regulations for GM, Pg 18 v EYE65 words
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Advertisement1562 1995-03-14 32 >' dnfikdisriNAridkA TI j| i north amriga i *>» *rr ma l» om ka mi mowpob chc rr wyo uwwi |«t**n> I *saLvo» mo iaTiwaai qa*usc <waxM« STrru jpom ■ot runn— p- ——-n ———-n —n— 2353S 1 s s iibs! £i£ £hi u rr Ml—il— a a-aj M *4 u.41,562 words
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Advertisement32 1995-03-14 32 o O O o o i; J LEAD BY EXAMPLE 1 For some of the best s examples of all Good Management, 'i Enterprise Management. Every Monday. Business Times WW BIO* ABA32 words
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Advertisement1003 1995-03-14 33 illl A w»lP|pAßfl^ri >< jS| iwwr "S" psa oa «hj kwi auh man 6ah doh i iwl/vot ~BT" wb bkx ira/wr MWUEDCWW I*9 VIS 2*3 *7/3 2*3 2*3 2*3 2*3 31/3 KM WALKD CI67W 134 2*3 3*3 KM WALEED CI67W |1U 144 14 BN KHALDOUN CI66W 2*3 VI 14 *41,003 words
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Advertisement401 1995-03-14 33 anl ANL. IT'S AUSTRALIAN FOR SHIPPING"^Ir TO AftMH HAUA (EAST COAST} AUSI RALiA fIEAST KSSCUVOT XT MP Ml IT* Ml MM WW VCSKUVOY IMi IYD Kfl MM KM XT MTI KM «n«wm MM 1M 1M IM MiM M« MM A. AUITRAIIA MM MM MM 1M tM) Ml A. AWT MM401 words
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Advertisement1278 1995-03-14 34 ROAM LE SOUTH- PORT 111 'I VESSEL VQY.NO HAMWRO ANTWERP HAVRE AMPTON KELANQ SPORE HKG K<o TYO SHI OSA NAO FRANKFURT EXPRESS 78/207 14/2 1W 18/2 11/3 14/3 18/3 2y3 laq 21/3 LUOWIQSHAfEN EXPRESS HW7 IV2 M 1« 12/3 18/3 1— Danube 17/aoa 21/2 23/2 2S/2 ta/3 17/3 21/3 3921,278 words
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Advertisement428 1995-03-14 34 ifISMMMMIt SpcxaP.Kaiang LoaOngtor 1 TORO 22/3 28/3 RdnVAtw/UK/Nar*a« I NANONAKUL 25/3 3<y3 RdnVAlw/UK/Nartoa I Loads E/W. MatayMa. IndonaH J I Loafing tor 1 SADAN KALKAVAN Dubai/DammarVKuwart I BUFFALO JaddaTVAqaba/Trlpoi/Alßaria I PAN RISER •Loads Singapore, EL/vV MMysa. IndonaaM J ILoadng for BIUJEFAY Loa Angalaa/Naw Orlaana/ I Owrtaaton/Nortok/Camdan I SAMM FORTUNE Loa428 words
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Advertisement1298 1995-03-14 34 NOR ASIA i SIN ALO BCL LHAi SEA MTIATWE 51tW IMB 06AM OMM SMI NM M IIM 11*4 11*4 13*4 NOWMA MALTA V 0011-3 24*3 13*4 1664 17*4 11*4 17*4 11*4 IM4 11*4 206P j NORASIA KJEI 9612-3 2M3 11*4 21*4 22*4 21*4 22*4 23*4 24*4 24*4 2S*P SLPRRKSI3W 00*41,298 words
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Advertisement1256 1995-03-14 35 STRAITS SHIPPING PTE LTD 10 Hoe Chiaag Road *11-01 Keppel Tower* Singapore 0208 Tal: *****88 Fax: *****17 umAiiiUmmmMvwnimml wgw guinea PACIFIC UWI j&K&J (a service ofchinanavigation co) ACCEPTS VUMVU CARGO DUE SAILS T*ZTW CJMAGAM22 VKB2EHMn.Uk Kt Port ISMar «ig eown—l U» —AKMAX MMWICM TO PMU4IHQUPM Ci NASA M-30 V9SO7E Maail.1,256 words
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Advertisement2234 1995-03-14 35 Singapore Agent: MrUI 1 I ./Mlffll P&O Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Koad. #07-01 Keppel Towers. Singapore 0208 First Class Connections WORLDWIDE ™P S ?»s««* »*»»*'•nocsp.f.,: 7517 EXPORT IMPORT VESSEL VOY "WW -P*o SM SOU ANT NOT NAM OOT ME LEH ??"cq., ZEE QOT "®T HAM ME2,234 words
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Advertisement496 1995-03-14 35 FOR BOOKING 1800-*****00 (TOLL-FREE) OWOUNP PKL PCM JOH SM HKC KAO TAI KH TOK TKY NAG KOB OSK MOJ BUB SEA RANGCT *047 12X3 13*3 15*3 11-17*3 21*3 22*3 24*3 28*3 MM >I*l M» WAN HAI 208 *071 18*3 18*3 18*3 18-28*3 24*3 21*3 21*3 20*3 14*4 KM <M* I496 words
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Advertisement449 1995-03-14 36 JOIHT VENTURE Very' SAMUDERA INDONESIA SIR RICKMERS WBBI SINGAPORE CHINA OASA SEPU.UH VOY 4NB 08 A« QWGDAO GREEN ERA DRY DOCKING XJNGANG SHANGHAI MDUCEMENT CALL P.KELANG INDOCEUNT CALL HK, P.GUDANG. BELAWAN, TG MAN XIAMEN. WJANGPU [llutama harta I WEEKLY FULL CONTAIHER»HM> FEEDER VESSEL NAME VOY SIN KCH SIBU 02/95 19/2449 words
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Advertisement1175 1995-03-14 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: 3 *****1-275 FDA vs. run UK HAUL a* rw roi FW |l* s*. s*. 5* HAIUN OAKLAND 02* 16/3 OMECT 6/4 7/4 8/4 HMUN POHANG 156E 17/3 M. IABAWMMB49E 20/4 21/4 23/4 HANJM VANCOUVER 020E 23/3 CNNECI1,175 words
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Advertisement1302 1995-03-14 36 4ERM iiU d -Trl ■Ts"lTn^ I I mi SSP AS£ MS KIS PUS W! 09 K' WnoIU CM 111 RYC LMt MM MM T)V IMG PS) CM PU OEh l chi k-bbj is/3 it/i a/i M/i 27/3 n/j n/i 30/3 ji/j i/« 12/4 a/« 11 n a/< i/s »/s 11/51,302 words
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Advertisement2351 1995-03-14 37 TO Mom es'salaam2 cost**'shippimlS'PTE LTD £&ssc£mP H^Z^SSF*^™' 4 Mm<m Mr 017-99 CK Mac 117M7****** m 4JM7 f£*SsTio«« MS N« rMT 2 WCII Mac CCSU >OHO*f OFFICE: Fax *****15 f,r "o*ooo Inmwt ||M osr MOe M 2 *****0S COSTAK MCMCIKS (Ml SOU BHD r«fc o; ismw/i<7 r«c 07-3sjqi7o Mllll I— ob2,351 words
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Advertisement684 1995-03-14 37 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 20/03 ROTTERDAM 15/03 AARHUS/COPENHAGEN 20/03 HAMBURG/BREMEN 15/03 MARSEILLE/FRANCE 17/03 FELIXSTOWE/UK 15/03 BARCELONA/SPAIN 15/03 LEHAVRE/FRANCE 15/03 GENOA/ITALY 18/03 ANTWERP/BELGIUM 15/03 LOS ANGELES/WC/IPI 17/03 SYDNEY/MELBOURNE 16/03 NEW YORK/EC 17/03 FREMANTLE/ADELAIDE 17/03 VANCOUVER 17/03 BRISBANE 16/03 TORONTO/MONTREAL 17/03684 words
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Advertisement1042 1995-03-14 38 1 I VESSEL I VOY I SIN JKT 1 IreMg^^^^^TvOVriW^^^Pg^^B 1 VIHA BHUM 1258 Tw In PI Fri 17/3 I qubu BHUM 8041 Tua In PI Wad 15/3 |M M I VESSEL VOY SIN BKK WANA BHUM 2718 Wad IS/3 Sat Ig/3_ I TMAHA BHUM 112H Tw 14/3 Thu IS/31,042 words
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Advertisement842 1995-03-14 38 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********5N PORTKUWG rosa vot I saw 1 na 1 vessel voy sw rai St* 3/OW 16/3 (THU) 17/3 (FIB) B XOUIHAVA ***** 14/3 (WED) 17/3 (ft [Aa£ US* 16/3 (THU) 18/3 (SAT) MCC COIWEYOfi 5017 17/3 (FW) 19/3 (SUM)842 words
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Advertisement1029 1995-03-14 39 grl ADVANCE CONTAINER LINES (PTE) LTD A I I 140 Cecil StrMt. #12-00, PIL Building, Singapore 0106 M TEL: 2213*21, PAX *****19. TELEX :RS ***** ACLPL CR NO. **********06 1 i* npiii IlliilßlU IHIJITMHiII— KT ABPAV I "imtA mfM— 1 1 trawmi«« (5 Win«i/IIMI to PAT, S MHng* la MIT.1,029 words
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Advertisement952 1995-03-14 39 KSSELS VOT ""sUJ"" II H.VRI HAMBURG TMAAeS ROITEROAM AHTWIRP VIAE OC TITAKA TO*W 18/03 05/0* 07/0* 09/04 10/ 04 U/04 VK.LE DC IBM LOtW 22/03 10/04 12/04 14/04 15/04 16/04 W.LI OE HOBMft MMN 29/03 19/04 21/04 23/04 24/04 25/04 VIUE 01 CARINA COIW __o€/04_ 2t/04 21/04 30/04 01/05 02/05952 words
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Advertisement588 1995-03-14 39 BSfl A M MYANMA K FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gd( TECHMAT PIONEER 17/20 Mar AVA VI32W 17/18 Mar PAGAN V2IBW 16/17 Mar MHiriSH AGENTS BOUSTEAD SHIPPING AGENCIES Ml lEI 02 03 *****00 PKL Ta 02 03 *****67 PEN: TEL 02-04-*****02 PGO:588 words
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Advertisement518 1995-03-14 42 RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E Vmml Voy ETA Loading Foe Spore Andtnet 38WB 16/04 Mombasa. Djibouti Asaab. Massawa Abbay Wont 43W8 18/05 Mombasa, D|iboutl Asaab. Maasawa H—■« FULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING BOTH518 words
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Advertisement573 1995-03-14 42 AFGHANISTAN MAM Afghanistan Ltd., HAAH Hairatan. Torghundi, Islamqala (Doqharun) Ewe or Ewe c.i.s./russia: Alma Ata. Ashkhabad, Baku, Dushanbe. I Irkutsk, Khabarovsk. Krasnoyarsk, Korsakov, Moscow. Mllltzer Munch Novosobirsk, Sochi, Tashkent. Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE TO WEST COAST SOUTH AMERICA I573 words
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Advertisement271 1995-03-14 42 LAfIMN CONTAINER LWi^INC biv/VrlAgente: MAC-NELS SPORE: *****29 (24 UNBS) SSb 7 ESffiS 1 ASIA HKG/TWN/BKKI GENOA/EUROPE j f PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 17/3 18/3 19/3 HKG/BKK/KEE/KHH G'burg/C'hagen/S'holm/Oslo 19/3 20/3 21/3 21/3 22/3 23/3 HKG/BKK/KEE/KHH Piraeus 21/3 22/3 23/3 i 24/3 25/3 26/3 HKG/BKK/KEE/KHH Ldn/Flx/Rtm/Ant/Ham/Leh 18/3 19/3271 words
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Advertisement20 1995-03-14 43 Legal discourses in digestible portions. The Law Page. Every Thursday, j SINGAPORE rri i Business Times WE KNOW ASIA ;l20 words
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Page 47 Advertisements
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Advertisement473 1995-03-14 47 I ▲HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 \m Iwe I wo I regis wt I I lew hm I tm Fa "15/03 17/03 11/03 a COMMANDER 314* I 20/03 07/04 09/04 01/04 09/04 09/04 11/04 22/03 24/03 25/03 SI HUH) 315* I 27/03 14/04 10/04 15/04473 words
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Advertisement393 1995-03-14 47 STRAITS/ JAPAN/ STRAITS SERVICE MU.TI-PURPOSE I RORO CARRfR SPECIALIZE M HEAVY LfT CARGO l*TO 120 TONS RAMP CAPACITY UPTO 50 TONS [eta [etc VESSEL VOT SN PR LOADRI6 FOR ORANGE MOON 41 SID BANGKOK 16/3 HQJCM *ri 16/3 KLANAN 11/1 coaac rams *3 mn iakarta 17/3. st*AaAYA 21/3 BRIGHT VEGA393 words
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Advertisement676 1995-03-14 47 [VESSEL I VOY IS6IETA/P LAX OAK CHI I DAL I HEM/COL I HOU NYC [NOR ALLIGATOR rape MA 16/03 717/03 02/04 04/04 05/04 06/04 06/04 07/04 07/04 08/04 HENRY HUDSON BRPGE S2A 23/03/24/03 08/04 11/04 12/04 13/04 13/04 14/04 14/04 15/04 ALLIGATOR VICTORY 60A 30/03/31/03 16/04 11/04 18/04 20/04 20/04676 words
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Page 47 Miscellaneous
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Miscellaneous291 1995-03-14 47 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 ft 1.9 1.6 1.3 12 1.1 U 1.4 l.« 22 2.5 2.5 2.4 2.1 1.6 1.2 O.S 0.6 0.5 0.6291 words
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Advertisement103 1995-03-14 48 I ANALYSIS 1 Tomorrow in Business Times LYHIiriIBN M.V. DIAMOND STAR" VOY.I Aimed 7th March 1993 Consignees of ill damaged cargoes ex ike captioned veaacis are hereby notified (hat a general aarvey will be held oa die 13th March 199} 0900-1200 horn aim No further auoey will be entertained thereafter.103 words
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Advertisement6 1995-03-14 48 II ANALYSIS Tomorrow in Business Times6 words
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