The Business Times, 9 January 1996

Microfilm: NL20517
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE TUESDAY, JANUARY 9,1996 85c
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  • Article
    MARKET SUMMARY
    59 1 2»238M7 (+20.34) J! BTOOMP U mutt (+15.63) D Siraf+4.2s) Q XABKETMOOD: wmmmmsseumaa Monday Cki^i KL8E00MP 1054.64 +1148 MKKH J0M3.se -186.46 HAN088NQ *****.67 -612J SETINDEX. 13*4.43 +0.20 JAKARTA OOMP.—***** 4.18 MANILA COUP.......2696 -0.49 TAVnWPI 4934.86.—+87.66 SEOUL COUP 886.81 +8.46 BOMBAY BSBtO -J88S.I9 -46.67 CLSA CHINA B 7Mt -188 AU8T
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  • Article
    FINANCE
    49 1 HGBAMB BATES U8t St 1.425 Li 1466.. UK M .0.0*4 0989 fJM 0.949 1J52 ■L MM 0AM UK* 0.M9 0.184 Mflr 0.040. 0.066 MJPlAHIOt.. .0.044 0.062 EI L fi 1200 wuar. 1K75 FBAMtfinrr- su LONDON 6.75 NEW YORK &75 "MwqptflthMte. "Float ""flWfil kuk Aarooat rites (Source: NatWest Bank)
    49 words
  • Article
    Pernas bosses get govt okay for M$1.4b buy-out
    494 1  -  PIHP shares soar on talk that the company will be the buy-out vehicle Front, Ho Kay Tat in Kuala Lumpur SENIOR executives of stateowned Perbadanan Nasional Bhd (Peraas) are believed to have received government greenlight to undertake a Msl.4 billion (Ss7Bo million)
    494 words
  • Article, Illustration
    Lock icon Trading in Malaysian Clob shares hots up
    478 1  -  UOB-OTC Index has gained 7% this year on soaring volume By Ven Sreenivasan [SINGAPORE] While the bulls have been huffing and puffing, Malaysian shares traded on Clob International, Singapore's over-the-counter market, have dominated the actives list since the New Year began. It has
    FRANCIS  -  478 words
  • Article
    Lock icon Bond market nervous over commodities
    210 1 Reuter [LONDON] Rising commodity prices are starting to get global bond investors hot under the collar but analysts said yesterday that fears of rising inflation are unfounded. Oil prices neared two-year highs yesterday as the recent rally was boosted by US snowstorms, while the Commodity
    Reuter  -  210 words
  • Article, Illustration
    Toyota overtakes Merc as best-seller in S'pore
    485 1  -  But throw in parallel imports and the German make is still the most popular By\ Christopher Tan [SINGAPORE] Toyota has reclaimed its position as Singapore's best-selling marque, after trailing Mercedes-Benz for the first 11 months of 1995. But it has been a close
    485 words
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      126 1 Thtß&mbaog factor Ham the stock market is reacting to the appointment of Bambang as chairman of L&M, F|M MEWS TAUPE Fwu oacatfeM grt iuiji M day fcr HsL4b Malaysian stockmarket likely to continue to be aottvfched by such deals. Mprt pg 15. Shares vulnerable to profit-taking JHply because their prices
      126 words
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      Page 1 Advertisements Column 2
      19 1 KL wifM on as punters rush in; Heegkoegpelle back but brokers optimistic; Nikkei retreats but dealers bullish, pg 16
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      31 1 T~~" 1 r v ~Jr~~ j. jpjt-l t~~.- i»i"'^s^ jpF j P*^!®! r i J f j r f**"^^Sf§j>ftl Jjf *J|. jjflr*\ Asfci 'fe. >•^•?^H f^'' BT ,y f/yrf' 1— ■•^MMwI
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Baring Futures liquidators agree to help SFO in probe
      545 2  -  after SFO topped High Ceert appeal fer accent* documents By\ Conrad Raj THE liquidators of Baring Futures (Singapore) (BFS) have agreed to assist Britain's Serious Fraud Office (SFO) after the latter dropped its appeal in die Singapore High Court for access
      545 words
    • Article, Illustration
      Lock icon 10 days to the dawn of a new Millenia
      59 2 IT IS lOdays to the big day for the Ritz-Carlton Millenia. On Jan 18, the 610-room super-deluxe hotel will open Us doors to Us first guests. The countdown started last night The figure 10 was formed by lighting up the port-hole
      CHRIS LOH  -  59 words
    • Article
      Shipowner sues floating casino operator for $1.98m
      351 2  -  But operator rejects claims of unpaid charter-hire: report By 1 Toh Han Shih THE Singapore owner of a casino ship based in Cambodia has sued the Malaysian operator of the casino for unpaid rental totalling $1.96 million. The case is now before the
      351 words
    • Article
      Ever Technology targets $100m turnover by 1999
      343 2  -  By Ang Wan May EVER Technology, which makes equipment used in the semiconductor industry, plans to lilt sales by 185 per cent to $100 million by 1999. Managing director Neo Ee Lye declared: "It is by taking into account our customers' sales demand
      343 words
    • Article, Illustration
      Lock icon Recruitment ads in Dec up 3.2%
      304 2  -  BTE OM THE BOOHOMY Jobs By' Teh Hooi Ling THE total volume of recruitment advertisements in The Straits Times rose just 3.2 per cent last month over the same period a year ago, in column-centime-tre terms. However, compared with November's numbers, the ad volume
      Source:; FRANCIS  -  304 words
    • Article, Illustration
      Lock icon Labour aims to turn UK into a stakeholder economy: Blair
      495 2  -  Reforming tlw welfare system will be a major objective ef the party, he says By Kevin Sulliavan TONY Blair, leader of Britain's opposition Labour Party and the man widely expected to take over as prime minister after the next election,
      CHRIS LOH  -  495 words
    • NEWS Roundup
      • Article
        George Yee for US conference
        45 2 HEALTH Minister BG George Yeo, who to slm Mlnisti for Information and the Arts, will be in California from Jan 10 to Jan 17 to attend the Aala-Paetflc Roundtahle ooofctsnca. The conference is organiaed by Stanford University's Asia-Pacific Research Centre.
        45 words
      • Article
        Lock icon Selyu plans three more
        77 2 The Straits Ttmes JAPANESE retailer Selyu, which opened Its first store to Singapore less than a year ago at Bogis Junction, plans to MfftAMjl f iSn *liA M Ut. expana into tne suburbs wim three outlets in tns ns&t two to three years. The first ofthetrto
        The Straits Ttmes  -  77 words
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      51 2 MBA HASTU Of mot \»VI\ISTIATH)N Commencement: 29 January 96 ROGMAMME FEATURES 18-month programme Directed by the University's faculty Continuous professional development Underatanding of Management theories and its applicationa to manageriel functions Diploma holdera with extensive working experience will be considered favourably Coll: 227 8400 30 Robinson Rood, #04-01 A, Robinson
      51 words
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      Page 2 Advertisements Column 2
      46 2 ACCOUNTS EXECUTIVES: PUT YOUR FOOT DOWN. SAY YES TO REAL-TIME! The choice is yours. Say Yes to FACT and move IJ k Y on in life. Or continue to struggle with old batch processing accounting software. FACT Real-Time Business Accounting Software. Toll Free 1800-*****32 accounting POWER
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      283 3 B REITLING 1884 rumvnuiT Selfwinding mechanical chronograph CHRONOMAT calibrated to'/sthof a second. At a time when instruments routinely 30-minute and 12-hour totalizers. monitor flight data at Mach 1 miles above the Power reserve in excess of 42 hours. earth, why continue improving mechanical Easy-to-read calendar. chronographs? Precisely because there's more
      283 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Competition from across the border
      674 4  -  THE PROPERTY COLUMN Pop retailors straggling to shore up falling sales, there's more bad news: competition from ITslan stores Is likely to hot op By Lee Han Shih IF you had opened The New Paper during the Christmas season, a big Parkson department store and
      674 words
    • Article, Illustration
      Auction houses excel
      375 4  -  By* Abdul Hadhi [SINGAPORE] Leading property auction houses had another banner year in 1995. They chalked up sales of $243.89 million, up from $197.14 million in 1994. The spoils were divided mainly between Jones Lang Wootton (JLW) and Knight Prank, with new kid-on-the-block Edmund Tie Co (ET&Co)
      375 words
    • Article, Illustration
      Lock icon Hana Centre to be ready soon
      328 4  -  Developer to start leasing residential, commercial units in June or July By\ Diana Oon (SINGAPORE] Local property developer Ban Hin Leong expects to have Hana Centre, its residential and commercial property development along Bukit Timah Road, ready for occupation by the middle of this
      ARTHUR LEE  -  328 words
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      Page 4 Advertisements Column 1
      206 4 COLLECTIVE SALE BY TENDER PRIME RESIDENTIAL SITES AT BALMORAL CRESpgNT NOS 14&14 A V/\\ KHHRgI Site area 30,827 sf Option B X/ \BUUm Nos. 14,14 A, 16 16A S /WWv > o—" Site area 65,978 Si Garden® fden Freehold Tenure a x Rosita w Potential to develop 10-storey apartments/condominium at
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      Page 4 Advertisements Column 2
      76 4 PRIME INDUSTRIAL PROPERTY PASIR PANJANG ROAD Located along Pasir Panjang Road and across the PSA wharves/ports Easy access to Jurong city (8 strata titles) Tenure: Freehold Master Plan Zoning: Industry (PR 2.5) Queenstown DGP: Warehouse (PR 2.5) For investment reportAender documents, please contact Sole Marketing Agent: Lim Gnee Kiang *****26
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      139 4 B'pare shares give back some gains, Pg 16 r J1 FOR LEASE FORM INDUSTRIAL BUILDING Brand rww 8 slorsy Hght Industrial building Floor arsa from 5,000 aqf onwards ExcsHsnt corporals Imags Only 7 minutss drtvs to Chanal Int Airport Provision of air-conditioning facilities o. All-wssthsrsd loading/unloading facilities <0 Avsllsbts February
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      463 5 H savings 1 of jjH^R invest securities listed ■H»| on the Malaysia a M BRE h^H unit trust for CPF savings Hjß Tiqm6l m minimum sum of S$ 1,000 JRK «»>•«#" mi m .v. AHH invest in Singapore trusjflßMj^^HH HHH FD rates 0 ifyou in caah in with Tat Lee
      463 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Indonesia raising basic minimum wage by 10.6%
      441 6 JAKARTA The increase, which takes effect on April 1, will be above the inflation rate, says minister Reuter INDONESIA will raise its basic minimum wage across the country by an average 10.63 per cent effective April 1, Manpower Minister Abdul Latief said yesterday.
      Reuter  -  441 words
    • Article
      Lock icon KL wants new approach to Asia-Pacific security
      371 6 U KUALA LUMPUR Mahathir calls for restructuring of defence capabilities in region AFP, Bernama MALAYSIAN Prime Minister Mahathir Mohamad called yesterday for a restructuring of defence capabilities in the Asia-Pacific to allow poorlyarmed states to upgrade weapons and bigger military powers to cut
      AFP,; Bernama  -  371 words
    • Article
      Lock icon Umno youth says no to reinstating ex-leader Rahim
      237 6 KUALA LUMPUR AFP THE powerful youth wing of Prime Minister Mahathir Mohamad's party yesterday rejected the reinstatement of its former leader who was last year implicated in a sex scandal and recently cleared of graft charges. The executive council of the United
      AFP  -  237 words
    • NOTE Book
      • Article
        Lock icon Thai rice exports up 25%
        66 6 AFP [BANGKOK] Thailand's rice exports jumped 26 per cent from a year earlier to six million tonnes in 1995, the highest level In six years, as demand soared to cope with natural disasters across the region, a commerce ministry official said yesterday. The value of
        AFP  -  66 words
      • Article
        Lock icon Bangkok to act promptly on Asean pacts
        75 6 Bernama [BANGKOK) The Thai government would promptly implement the agreements reached at the Asean Summit last month to ensure that Thailand set an example to other «y members in the group, Prime Minister Banharn Silpa-Archa said here yesterday. He said he had instructed
        Bernama  -  75 words
      • Article
        Lock icon Second delay for M'sian satellite launch
        75 6 Reuter [KUALA LUMPUR] The launch of Malaysia's first satellite, scheduled for today, has been delayed to Jan 12, satellite owner Binariang Sdn Bhd said yesterday. This is the second delay for the Malaysian East Asian Satellite which was supposed to have gone on Dec
        Reuter  -  75 words
      • Article
        Lock icon Viet paper aţack pro-rights ' enemies'
        59 6 Viet paper aţack pro-rights enemies' AFP (HANOI] Vietnam's army newspaper renewed attacks yesterday on "ensmies" who use human rights to try to v destabilise the country. In a long commentary signed by a member of Hanoi's political studies Institute, the paper attacked "enemies who consider that human rights are a
        AFP  -  59 words
    • Article, Illustration
      Lock icon America's doors are opened – at last
      42 6 America's doors are opened at last [KUALA LUMPUR] Visa applicants lining up at the US Embassy in Kuala Lumpur yesterday. The embassy was opened after a record 21-day shutdown following an impasse in the US congress over a balanced budget plan. AFP
      AFP  -  42 words
    • Article
      Lock icon Ports bracing for holiday season cargo pileup
      208 6 KUALA LUMPUR Reuter MALAYSIA'S three main ports are drawing up emergency plans to tackle the possible congestion in the third and fourth week of February when two major holidays Chinese New Year and Hari Raya Puasa come close on the heels of each
      Reuter  -  208 words
    • Article, Illustration
      Lock icon Ramos says no to suspending unpopular value added tax
      264 6 MANILA Reuter, AFP PRESIDENT Fidel Ramos yesterday rejected a proposal from members of his ruling coalition that he suspend an unpopular value added tax that took effect at the start of this year. "The president definitely stood pat on his decision,"
      Reuter,; AFP  -  264 words
    • Article
      Lock icon Floods in Jakarta: 20,000 evacuated
      169 6 JAKARTA Reuter MORE than 20,000 people were evacuated from their homes here after widespread flooding during the weekend, media reports said yesterday. The Jakarta Post newspaper said 17,000 people had been evacuated in south Jakarta and 9,800 in central Jakarta when floodwaters rose to 3.5
      Reuter  -  169 words
    • Article
      Lock icon Manila urged not to intervene in deals
      180 6 MANILA Reuter OFFICIAL intervention in business contracts in the Philippines has harmed the country's image overseas, the Aus-tralian-New Zealand Chamber of Commerce said yesterday. The chamber cited the recent suspension of a share offering and the barring erf the sale of a government
      Reuter  -  180 words
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      221 6 W Ilk ik'\ Cl »11 k\ 111' II > > v. all! Ii -J. Aval on will take you there. jOOS i i V7TVsT?mVfln>VV^^Rji^^^^ /fi, f■ I k \il>illl Spcril IVrtiirin.iiK i it II v 11 'A ll! I 'I'll II A l[|) 111 IllU mil 'A 111 ll Hl'lMl
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Lock icon UK seeks smooth transition for HK
      385 7  -  HONGKONG It's in Britain's bog-term economic interest in HK and China, says minister By< Quak Hiang Whai ENSURING a smooth transfer of sovereignty in Hongkong is not just Britain's legal and moral obligation to the Hongkong people but it will also serve the long-term
      REUTER  -  385 words
    • Article
      Lock icon Major newspapers raise prices by a third or more
      216 7 SHANGHAI ■netoftriptfca gnt to starting to ralu price cantrob Bloomberg Business News SEVERAL Chinese state-run newspapers raised prices yesterday, a sign the government Is starting to relax price controls imposed last year to curb inflation. The Communist Party's flagship People's Daily
      Bloomberg Business News  -  216 words
    • Article
      Lock icon Taiwan PM calls for fresh talks with China
      203 7 TAIPEI Reuter TAIWAN Premier Lien Chan said yesterday that he believes there is no reason for military confrontation between this country and archrival China and called for new talks to strengthen economic ties. "I sincerely hope that communist China's leaders wi11... resume
      Reuter  -  203 words
    • SINO Brief
      • Article
        Lock icon low to this year
        28 7 Reuter UJ* w ™W.-.. *!s*Pi" i IWflLHHffl fhtm wffl issue a revised lMmknartcv law faE-fffe gftevitfiGQapMa said yesterday. "The new law is on |!lpl^orfMCw>gr»>a.anditwiflc<rtataiybepaasedi%^
        Reuter  -  28 words
      • Article
        Lock icon WTO told
        26 7 Reuter fl J9 tUte firs ya»a cfeatry to thetradsjtody, an official saldi wrttwffl||tf!Wi> mi the >asaa sf mlaril flu isi hth "'lfiiiil niurinm" iiwdßciS@4.—S3m^
        Reuter  -  26 words
      • Article
        Lock icon Taiwan doĺars capital gains tax bill
        58 7 Reuter {TAIPEI) Taiwan's ruling Nationalist Party said yesterday that it had tedded to postpone a review of the of the stock capital asins tax bill scheduled for today. a flwfliisi we ministry and related Jpwiiinnnf »gi¥'io> propose a plan to bolstsr the stock (fl»
        Reuter  -  58 words
      • Article
        Lock icon Tough low against industrial
        51 7 AFP t IBE1JING) Industrial esplnnagshaa become a risky business in China where new regulations provide for fines of up to2oo,oooyuan (8134,000) for leaking commercial the q>imiiagi» said yestswlay. "IHiiineas set i eta" are defined aa technical and commercial information of economic benefit to its owners, it
        AFP  -  51 words
    • Article
      Lock icon Taiwan's trade surplus grows 73% to US$1.3b
      242 7 TAIPEI AFP TAIWAN'S trade surplus climbed 73.1 per cent from a year earlier to US$l.29 billion (551.84 billion) in December, the finance ministry said yesterday. Overall exports rose 15.9 per cent year-on-year to U559.27 billion in December while imports climbed 10 per cent
      AFP  -  242 words
    • Article
      Lock icon 40% of state firms in red
      112 7 BEIJING Reuter. FORTY per cent of China's state-owned enterprises recorded losses in 1995, an increase of between four and five percentage points from 1994, the Economic Daily said yesterday. Unprofitable state firms lost a combined 40 billion renminbi (Ss6.Bi billion) in 1995, up 20
      Reuter.  -  112 words
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      52 7 FOR HIGH-QUALITY LABELS, INSIST ON HERMA! MSBBBSM SjJB" Hi 155E5 E^llSa^^E^pS^^B^ssl ■K [:j E CTH F 1 PTPfTtw*W7*]***jj hh^e?tl3b ■MT^M|MptiV(W* > MK l I—.l— jMMLJ^Jm HP I HERMA REINFORCEMENT RINGS J JBAMCo/* IU l_^____^_B lllk I I'.isir I'.inj.ini; Ro.nl, --ll't-{_'/ 14, Ilf4"'i. I I V" JH ABL LJ t D
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  • ASIA
    • Article
      Lock icon Indian state revives Enron power project
      271 8 BOMBAY AFP, Bloomberg Business News, Reuter THE government of the Indian state of Maharashtra announced yesterday that it had revived a plan for Enron Corp of the United States to build India's largest private power station. Maharashtra chief minister Manohar Joshi told a news
      AFP,; Bloomberg Business News,; Reuter  -  271 words
    • Article, Illustration
      Lock icon Hashimoto for prime minister
      236 8 TOKYO Parliament likely to confirm coalition's decision on Thursday Reuter, AFP JAPAN'S ruling coalition formally nominated toughtalking Trade Minister Ryutaro Hashimoto yesterday as its choice for prime minister, clearing the way for him to take up the post later this week. The decision by the leaders
      Reuter,; AFP; REUTER  -  236 words
    • Article, Illustration
      Polls outcome won't keep India from reform path, says SM
      456 8  -  8M LBB nr DVDXA But a delay could still leave India behind in race with Asia's emerging economies, he cautions By Chuang Peck Ming SENIOR Minister Lee Kuan Yew has this to tell Singapore businessmen: Regardless of the outcome of
      456 words
    • Article
      Lock icon Cut red tape for foreign investors, Rao govt told
      182 8 NEW DELHI AFP INDIA'S Planning Commission has slammed the government's implementation of economic reforms begun four years ago, saying foreign investors still need to wade through too much red tape. "Even after four years of reforms, a private investor has to
      AFP  -  182 words
    • Article
      Lock icon Korea plans to boost stock market
      171 8 SEOUL AFP SOUTH KOREA will soon unveil a stock market stimulus package designed to pull the market out of the doldrums it has suffered since the slush ftind scandal a government official said yesterday. "New boosting measures will be unveiled soon to push up
      AFP  -  171 words
    • ASIA Notes
      • Article
        Lock icon Korea to up stock fluctuation limit
        92 8 Reuter (SEOUL] The Korea Stock Exchange (KSE) it considering 3 expanding the limit on a listed stock's daily price movement to around 8 per cent of the previous dose from the current 6 per cent, a KSE official said yesterday. ft>e official could not
        Reuter  -  92 words
      • Article
        Lock icon London,Delhi sign science pact
        80 8 Reuter [NEW DELHI] Britain's Trade and Industry Secretary lan Lang signed a science and technology pact with India yesterday which will help British investors boost their presence in India's expanding market Mr Lang, who it also the president of Britain's Board of Trade, signed the agreement
        Reuter  -  80 words
      • Article
        Lock icon Rush to set up TV stations in Lanka
        82 8 Reuter [COLOMBO] Sixteen organisations have applied fixlicences to set up new private radio and television stations, a media ministry spokesman said yesterday. The applications for six radio and 10 television stations will be considered by a new broadcasting authority which will be
        Reuter  -  82 words
      • Article
        Lock icon Apec ministers to meet on exchange rates
        77 8 AFP [TOKYO] Finance ministers of the Axis Pacific Economic Cooperation (Apec) forum will hold an annual meeting In Kyoto in March focusing cm exchange rates and infrastructure development in the region, the flnanro Kg ministry said yesterday. During the March 16-17 meeting 41
        AFP  -  77 words
    • Article, Illustration
      Lock icon Howard pledges to take on unions if he wins Aussie poll
      321 8 SYDNEY AFP OPPOSITION leader John Howard warned Australian trade union leaders yesterday that he will confront them head-on with new policies aimed at reducing their power if he wins government at the upcoming election. In a speech to young
      AFP  -  321 words
  • Page 8 Advertisements
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      431 8 LDP's *«vfleye'set to take on opposition, Pg 10 DDI IklfNew premium papers and films for all TcXt I I w Inkjet and laser printers. C A*t No Material Usage MKwAST) SB SSi I For Laser Printers 4567-114 Coated Laser Paper 115gsm Printing technical drawings, letters, $24.72 Q* Superb output invoices,
      431 words
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      Page 8 Advertisements Column 2
      122 8 m I||H tjr UNIVERSITY ttfireUHflKS of hull England 1927 Degree ceremony at the Raffles Hotel A PhSfiStr JL. m 18tklMfakf28Jm96 INNOVATIONS ADVANTAGES First to offer TQM and a Systems Approach to Creative Problem Solving First to offer Entrepreneurship and Project Management as core modules Completion in 21 months 312 seminar
      122 words
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  • THIS WORLD
    • WORLD Watch
    • Article
      Lock icon UK unions can sue pension firms: court
      174 9 LONDON Reuter PENSION companies have failed in a bid to stop trade unions prosecuting them over the alleged mis-selling of personal pensions. The GMB union said yesterday that the Bristol High Court had ruled that unions can go ahead with legal action against
      Reuter  -  174 words
    • Article, Illustration
      Lock icon France's ex-President Mitterrand dies at 79
      495 9 PARIS He write an important page in history of our country, says Chirac AFP, Reuter [PARIS] Former French president Francois Mitterrand died early yesterday at the age of 79, nearly eight months after leaving office following a record 14 years in power. He died
      AFP,; Reuter; REUTER  -  495 words
    • Article
      PM Goh's tribute
      107 9 SINGAPORE SINGAPORE Prime Minister Goh Chok Tong said yesterday he was saddened by the death of former French president Francois Mitterrand. "I last met him in October 1994.1 was deeply impressed by his dignity and his dedication to his country and people," a statement from the Prime
      107 words
    • Article
      Lock icon G-10 bankers see continued global growth
      246 9 BASEL Long-term outlook for US economy linked to budget negotiations Bloomberg Business News THE world's leading central bankers forecast continued growth in the world economy, although it linked growth in the US to the outcome of federal budget negotiations. Bundesbank president Hans Tietmeyer, speaking
      Bloomberg Business News  -  246 words
    • Article
      Lock icon GDP data likely to show markedly slower growth
      137 9 M BONN Reuter THE German economy, which a year ago appeared full of promise, slowed markedly in 1996 and seems unlikely to rebound any time soon, gross domestic product (GDP) data are expected to show on Thursday. Economists said growth slowed steadily
      Reuter  -  137 words
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      45 9 fry' Strange something H DESIGNED TO PUT OUT SHI CAN ACTUALLY v) ■■tyi luttS IHp tSh lis 131 M contribute to S/ W Hflß| MH| far more serious one. I AND CONTRIBUTE TO wf H Bp? T T U Sflj |H H GLOBAL g r
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  • EDITORIAL & OPINION
    • Article, Illustration
      US free-market excesses may draw backlash
      745 10  -  THB BOTTOM ZJMB OPINION By Anthony Rowley The writer is BT's Washington correspondent AMERICA'S 1996 business year started last week with business executives and political leaders sending a clear message to the nation: this is going to be the year of the people of
      745 words
    • Article
      IN OTHER WORDS
      98 10 'We call on the US to strictly adhere to the Srinciples enshrined in the Three oint-Communiques, not to further damage Sino-US relations, and not to harm the national feelings of the Chinese people.' -AaJhi China's foreign ministry spokesman, warning the United States not to issue Taiwan's vice-president
      98 words
    • Article
      The next stage in public transport
      582 10 EDITORIAL PUBLIC transport system so good that COE prices won't matter: it might make a slick tagline for the Land Transport Authority's bold blueprint for a woridclass bus, rail and road system unveiled last week It is also just what Singapore needs and what
      582 words
    • Article, Illustration
      Lock icon LDP's 'evil eye' set to take on opposition
      895 10  -  Japan's next premier Byntaro Hashimoto will face Ozawa challenge over housing leans bailont By, Anthony Rowley The writer is BT's Tokyo correspondent BEFORE the end of this week, Japan wtil have a new prime minister, almost certainly the current Trade and Industry
      REUTER  -  895 words
    • Article
      Danger in supply-led demand
      383 10  -  Lim Chin Siew Singapore 2159 IT WAS reported that Dr Steven Choo of JLW said, inter alia, that the take-up rate of new properties at "80-odd per cent is not too bad so long as demand is supply-led" (BT, Jan 5). I find the statement difficult
      383 words
    • Article
      WHAT THE OTHERS SAY
      363 10 THE premature departure of two successive chief executives from the London Stock Exchange in less than three years owes much to personality and more to the internal politics of the exchange. But it is also symptomatic of more fundamental difficulties. Indeed, the real question raised by
      363 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      27 10 DQOMESBURY-ff?/ Gary Trudeau \Yn*Av "/ptakget BUTIVSGOTTOHAVB [¥ll| nnMBI A PBNTIUMPROCeseOR YOU V ANP FOR 11 JIMBMTL,— CFO3/MHZQROZ77EK! i\ \MLL?U STOCKJNG H STOCKING j 77/. !/Kf- FASJi Q
      27 words
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  • EXECUTIVE LIFESTYLE
    • CHATTER Box
      • Article
        Lock icon Coming to a TV near you
        92 11 UPI IN THE WAKS of David Caruso's near-suicidal leap from successful TV series NYPD Blue to box-office flop movies, TV starssuch as George Clooney of £R and Jason Alexander of Seirtftld are scrambling to put down rumours that they too will abandon their steady
        UPI  -  92 words
      • Article
        Lock icon Pavaretti's debut performance in Africa
        97 11 AFP LUCIANO PA VAROTTI performed for the first time in Africa on Sunday, at a packed rugby ground in Stelienboech, the intellectual heartland of the Afrikaners. A rainbow in the sky welcomed the 60-year-old master as did a hang glider that swooped over the stadium
        AFP  -  97 words
      • Article
        Lock icon Sampras pulls out of Melbourne event
        53 11 Reuter WORLD No 1 Pete Sampras is suffering from influenza and has withdrawn from an exhibition warm-up event in Melbourne this week ahead of next week's Australian Open, organisers said yesterday. But Sampras is still set to play in the Open, said an Open
        Reuter  -  53 words
      • Article, Illustration
        Lock icon Sting has a son
        83 11 UPI < SINGER Sting, whose real name is Gordon Sumner, has a new eon, Giacomo Luke Sumner, his sixth child and fourth H- with wife TrudieStyler. Giacomo was born on Dec 17 in d London. Sting hae two children by a previous marriage. <§c Actreee Annie
        UPI  -  83 words
      • Article
        Lock icon S'pore honour for director John Wee
        76 11 AFP HONGKONG film director John Woo will receive an award -4 for lifetime achievement at a regional movie industry convention here next month, the organisers said yesterday. The award presentation will take place on the > final night of the Jan 30-Feb 1 Cine
        AFP  -  76 words
      • Article
        Lock icon Tinkering with classics
        102 11 UPI »}t PIMA THOMPSON Is getting critics' kudos forJaer work H4 in Samand Sensibility, not only as the vaovWM IN|* the screenwriter. She started with solid matdrMNNNT 19th century novel—but then she added humour /rand pared down some other elements. That kind of tinkering has raised a
        UPI  -  102 words
    • Article, Illustration
      Lock icon French cinema's dilemma
      1129 11  -  Change is clearly in the air for the French film industry, alan hiding reports ALAN RIDING NYT PRANCE's troubled movie industry has long resisted change because change would mean abandoning its artistic tradition and surrendering to the commercialism of Hollywood. But change may be coming anyway, not
      NYT  -  1,129 words
    • Article, Illustration
      Lock icon Disney hopes to get it right with Mr Wrong
      714 11 MOVIES Sitcom star Ellen Degeneres appears in her first movie UPI [LOS ANGELES] Walt Disney Co towers over rivals as the leader in the field of animated movies, but its performance in live-action films remains mixed. So it has been aggressively
      UPI  -  714 words
    • Article
      Lock icon Hollywood to meet Bollywood
      364 11 FILM FESTIVAL Reuter [NEW DELHI] A retrospective of Hollywood choreographer Gene Kelly, a homage to French movie-maker Louis Malle and a competition for Asian women directors will highlight India's international film festival that starts this week. Retrospectives of Italian actor-writer-director Nanni Moretti, Canadian film-maker Denys Arcand
      Reuter  -  364 words
    • Article
      Lock icon Teenagers ride camels in rich race
      370 12 DESERT RACE AFP [ABU DHABI] Teen-age boys from Bangladesh and other Asian countries kicked and caned camel backs to spur the animals into winning position in the richest desert race in the United Arab Emirates (UAE). Hundreds of boys, aged between 10 and 15,
      AFP  -  370 words
    • Article, Illustration
      Lock icon Free Willy star moves to new home in Oregon
      325 12 MOVIE AFP [WASHINGTON] Keiko, the trained whale known best for his starring role in the movie Free Willy, took the plunge in a new home after being flown from Mexico to Oregon on Sunday. Officials, using a special sling suspended from
      AFP; REUTER  -  325 words
    • Article, Illustration
      Lock icon Year of Graf and Sampras
      1089 14  -  TENNIS Seles and Agassi could easily have taken No 1 spots In a fear of dose matches By, John Barrett FT [NEW YORK] Who is the best? In all sports, that is the question that dominates the conversation in most clubhouse bars around the country,
      FT  -  1,089 words
    • Article
      Lock icon Israeli antiques on sale likely to be loot
      673 14 ANTIQUES Dlitit antique trade rims into tens of millions of dollars Bloomberg Business News [JERUSALEM] At US$5O (Ss72) for a clay lamp or US$25O for a carved stone ossuary, buying ancient objects in Israel seems like a bargain. Problem is, that bargain
      Bloomberg Business News  -  673 words
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      Page 13 Advertisements Column 2
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  • Page 13 Miscellaneous
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      Page 13 Miscellaneous Column 1
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      169 13 cbtptic crossword 5 "The nature of in--9 A friend backs rugby teams 27 Compunction felt by a lighta SUntrtrt to mta toboggan 'J£" ium»ij ieaday 14 Jump to it to appear smart (4,5) BB*^E^^SSB^BEBP 16 Treasury where the USSR con- ioßAnAflgßoEnAfloßAl 1 Where commuters could be left trived to hoard
      169 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon L&M shares hit new high of $4 on Bambang news
      351 15  -  jttfftk ffldff nwfhangftH at $3.74 a* initial euphoria was short-lived By\ Conrad Raj (SINGAPORE] The shares of building contractor L&M surged to an all-time high of $4 yesterday morning following Friday's announcement that President Suharto's second son, Bambang Trihatmodjo, had
      Source: Bloomberg; JEN CHUA  -  351 words
    • Article
      Telecom's stake in Belgacom may cut net assets by 22%: Salomon
      300 15  -  Promt Quak Hiang Whai in Hongkong SINGAPORE Telecom's recent acquisition of a stake in Belgacom poses significant risks to shareholders and will also result in a 22 per cent decline in net assets, says broker Salomon Brothers in a
      300 words
    • Article
      Lim Hui Boon is Horiguchi chairman
      144 15 [SINGAPORE] Malaysia's Ho Wah Genting chairman Lim Hui Boon has been appointed executive chairman of Sesdaqlisted Horiguchi Engineering. Horiguchi said yesterday that the appointment took effect from last Saturday. Mr Lim was censured by the Securities Industry Council two months ago for failing to
      144 words
    • Article, Illustration
      New rules trigger China rally but bulls need more to stay
      643 15  -  HOCK LOOK SBW By Lu Ning CHINA last week unveiled its long-awaited first set of national rules governing the issue and trading of shares exclusive for overseas investors in the Chinese stock markets—the so-called B shares. The new regulations
      643 words
    • Article
      Liang Court, 3 officers named co-defendants in HK lawsuit
      339 15  -  Individual files suit over management deal; Liang Court lawyer says no merit By< Abdul Hadhi [SINGAPORE] Liang Court Holdings and three of its officers, including chief executive Koh Boon Hwee, have been named as co-defendants in a lawsuit in Hongkong. The
      339 words
    • Article
      Broadway strikes deal to make disk drive parts
      211 15 [SINGAPORE] Broadway Industrial Group has struck a cross-shareholding deal with American parties to make and process precision parts for disk drives. The packaging company, through subsidiary Compart Holdings Pte Ltd, will take a 30 per cent stake in Compart USA for $1
      211 words
    • Article
      J Fleming gets two new directors
      74 15 [SINGAPORE] Jardine Fleming yesterday announced it had appointed Michael Koh and Roger Davis as directors on its main board, effective from Jan 1. Mr Koh, who is also a director of Jardine Fleming Investment Management, is the second Asian to be appointed to the
      74 words
    • REGIONAL COMPANIES
      • Article
        KL surges on as punters rush in
        386 16  -  peculators go for second board In the belief that takeovers will be confined to nailer companies From Ho Kay Tat in Kuala Lumpur THE Malaysian stock market resumed its rally yesterday but brokers said interest was centred on retail buying of speculative stocks
        386 words
      • Article
        Nikkei retreats but dealers remain bullish
        399 16  -  Key factor: PM-elect Hashimoto's pledge to defuse concerns over boosing loan firms From Anthony Rowley in Tokyo TOKYO stock prices retreated somewhat yesterday following their strong surge last week but dealers predicted that the Nikkei-225 Average will climb above the 21,000-level by next week
        399 words
      • Article
        Lock icon YTL Corp plans to list on Tokyo exchange
        175 16 AFP [KUALA LUMPUR] Malaysian construction giant YTL Corporation Bhd yesterday announced it was to list on the Tokyo Stock Exchange soon in a bid to tap Japanese funding for its Asian infrastructure and hotel projects. YTL is expected to be the first
        AFP  -  175 words
      • Article, Illustration
        Hongkong pulls back but brokers stay optimistic
        356 16  -  From* Quak Hiang Whai m Hongkong THE Hongkong market hit an air pocket yesterday afternoon as bears returned and took profit on recent gainers but brokers were not discouraged as the drop was on moderate market turnow. Compared with a feverish turnover of
        356 words
      • Article
        Lock icon M'sian bank may be first in Asia with Internet service
        331 16 Bernama [KUALA LUMPUR] A local bank will score a first in Asia by providing an online banking service through the Internet by February via an installation by STI Asia Connect Sdn Bhd, a leading Internet solution provider, it was announced
        Bernama  -  331 words
      • Article
        Lock icon Telekom may be replaced in Kalimantan project
        130 16 AFP [JAKARTA] A Malaysian firm involved in a major deal to provide a telephone system in Kalimantan province may be replaced because of a dispute with its Indonesian partner, the Jakarta stock exchange was told yesterday. P T Telkom has informed the bourse
        AFP  -  130 words
      • Article, Illustration
        Lock icon IPC, Fu Yu, Uraco among most heavily traded stocks
        362 16  -  By: David Mok [SINGAPORE] Electronic stocks IPC Corp, Fu Yu Manufacturing and Uraco Holdings were among the most actively traded issues on the local bourse yesterday on renewed positive sentiment. Computer maker IPC's shares went as high as 97 cents in
        Source: Bloomberg  -  362 words
      • Article
        S'pore property shares give back some gains
        218 16  -  By, Abdul Hadhi [SINGAPORE] Local property counters came in for some profit-taking yesterday after being chased up in recent days. The SES Property Index scaled back 7.74 points to close at 705.66. Some 58.83 million units worth a total of $116.48 million changed
        218 words
      • Article
        Lock icon Mid-year start for electronic share application in M'sia
        434 16 System is in place and awaits final MBT [KUALA LUMPUR] The electronic share application system (ESA) is in place and will be implemented as soon as a final simulation exercise of the system is conducted by the Securities Commission (SC). In an
        MBT  -  434 words
      • Article
        Lock icon HK Land plans China projects, says paper
        114 16 Bloomberg Business News (HONGKONG] Hongkong Land Holdings Ltd, a unit of the Jardine group of companies, plans to build office and commercial properties in Beijing and Shanghai, the Chi-nese-language Sing Too dailyreported, citing Wong Yau Jung, general manager at the company's property development
        Bloomberg Business News  -  114 words
      • COMPANY Briefs
      • Article
        Peregrine launches US$1b loan programme
        385 17  -  Investment ctmpiny plans to raise USQOOm through multi-currency fainting From Quak Hiang Whai in Hongkong PEREGRINE Investment Holdings yesterday launched a US$l billion (551.42 billion) multi-currency funding programme undo* which it can issue notes with a range of coupon rates and maturities. The company plans
        385 words
      • Article
        Lock icon Accept JCG offer, Winton board tells shareholders
        173 17 Bloomberg Business News {HONGKONG] The board of directors of Winton Holdings Ltd, a taxi financier, has recommended shareholders to accept a general takeover bid by JCG Holdings Ltd, a Hongkong subsidiary of Malaysia's Public Bank Bhd. The board valued the offer at HK$2.l5
        Bloomberg Business News  -  173 words
      • Article
        Lock icon Securities One plans offices in India and Philippines
        142 17 Reuter [BANGKOK] Leading Thai broker Securities One pic said yesterday it was studying plans to open representative offices in India and the PhiUppines to expand its brokerage business in the region. "We are studying any possibility to open our offices in India
        Reuter  -  142 words
      • COMPANY Briefs
        • Article
          Lock icon PNOC,Petronas drop bid for oiMeld
          49 17 Reuter [MANILA] The Philippine National 00 Co said yesterday its exploration unit and Malaysia's Petroliam Nasional X •gg Berhad(Petronas)haddK>W>edaplantobuy intotheWi#. 59fiia$a0tt ottfiftld In the south-eastern Philippines. PNoCg|| Corp not to pursue its piara because if "iVlmlto coyrahutsdsftcfr in government-run oil buffer K its manager.—Reuter
          Reuter  -  49 words
        • Article, Illustration
          Lock icon Salomon launches Korean venture
          36 17 AFP [SEOUL] Hanuri-Salomon Securities Co, a Joint venture between US securities firm Salomon Brothers and a South Korean consortium, opened in Seoul yesterday. It is only the second)oint>v«ntureibreigttlecurities firm in South Korea.—AFP
          AFP  -  36 words
        • Article
          Lock icon Boeing close to US$3b GE orders paper
          61 17 Reuter (MXW YORK] Bostaf Co was close to snagging a firm order for up to 60 planes worth more than US$3 billion (Ss44 bißion) from General Electric Co s Jetliner-leasing unit, the reported yesterday. A firm order ~f| %fb9ofam*4Q smaller Airbus Industrie jets
          Reuter  -  61 words
        • Article
          Lock icon wins HK Telecom contract
          53 17 Bloomberg Business News [TOKYO] Fujitsu Ltd has won a US$l3O million ($lB3 mllUon) contract to supply techiwlogy for a multimedia telecommunication* network to be set up by Hongkong's telephone company, win supply the switching equipment and fibre-optic trunk cable for Hongkong Telecommunications Lid's interactive multimedia eervtot#
          Bloomberg Business News  -  53 words
        • Article
          Lock icon Kadoarie buys 30m MB Int'l shares
          48 17 Bloomberg Business News [HONGKONG] International Trade A Investment Ltd, a trading company aaeoclated with the Kadoorie Group, bought 30 million HB Internationa] Holdings tharee. m 1 bought the share* for MHK cent* each from the Checkon Group Ltd. Bloomberg Business News vyyiv
          Bloomberg Business News  -  48 words
      • Article
        Manila to sell sequestered shares
        302 17  -  Stakes formerly held by Karoos allies in San Mignel, Meralco worth 46b pesos From, Al Labita in Manila THE Philippine government plans to sell by April shares it sequestered from cronies of late president Ferdinand Marcos, an official said yesterday. The sale involves a whopping
        302 words
      • Article
        Lock icon Manila suspends 3 futures firms
        115 17 Reuter [MANILA] The Philippines' Securities and Exchange Commission said it had suspended three firms that trade commodities futures following complaints from their clients. Acting SEC chairman Perfecto Yasay said the firms C&T Global Futures Inc, Solid- link Inc and Worldwide Monetary Market Inc were suspended
        Reuter  -  115 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Pentium chips not as fast as claimed, admits Intel
        404 18 Error in software used overstates performance of some of its newest chips by about 10 per cent FT [SAN FRANCISCO] Intel Pentium microprocessors, used in the latest high-performance desktop personal computers, are not as fast as had been claimed by the
        FT  -  404 words
      • Article
        Lock icon Granada faces tough decision over bid for Forte
        262 18 Reuter [LONDON] Gerry Robinson, chief executive of Britain's broadcast and leisure Granada Group, is facing an agonising decision over the future of his company's hostile bid for Forte pic. In November, Granada appeared certain to win the battle when it launched its
        Reuter  -  262 words
      • Article, Illustration
        Lock icon Qantas strike seen heralding more turmoil
        391 18 Flight attendants hold half-day strike over meal allowances Bloomberg Business News [SYDNEY] A half-day strike by Qantas Airways Ltd's international flight attendants yesterday may be a sign of increasing labour turmoil to come as Australia's main airline tries to cut costs. "This type of
        Bloomberg Business News; REUTER  -  391 words
      • Article
        Qantas' non-stop flight to S'pore unaffected by strike
        80 18 [SINGAPORE] Qantas Airways' non-stop daily flight from Sydney to Singapore yesterday was not affected by a crew strike in Sydney. The airline is now working to clear its other international flights which were delayed by a strike by flight attendants, who returned
        80 words
      • Article
        Lock icon Japan's top builders see light at end of tunnel thanks to recovery
        269 18 Bloomberg Business News [TOKYO] There's good news for Japan's top construction companies this year, sort of: things have finally stopped getting worse. That may not sound like much to cheer about, and experts don't foresee a massive recovery.
        Bloomberg Business News  -  269 words
      • Article
        Lock icon Investors back Chrysler strategy: chairman
        130 18 Reuter [DETROIT] Institutional shareholders approve of Chrysler Corp's management strategy and do not want major changes despite pressure from billionaire Kirk Kerkorian, Chrysler chairman Robert Eaton said on Sunday. In a speech prepared for delivery to the Automotive News World Congress here, Mr Eaton said
        Reuter  -  130 words
      • Article, Illustration
        Lock icon Keeping your ears tuned
        62 18 [LAS VEGAS] Robert Putnam, president of American Technology Corporation (ATC), modelling the world's smallest FMradio at the Consumer Electronics Show in Las Vegas on Sunday The radio retailsfor US$3O (Sf43) and ATC reports sales qf3so,oooin thepast 18 months. The annual CES convention attracts about 90,000 producers
        REUTER  -  62 words
      • Article
        Lock icon Bankers set to block LSE reform plans
        357 18 Large investment banks against hybrid trading system far tap 350 shares FT [LONDON] The London Stock Exchange faces further controversy over proposals to reform the way in which shares are traded following the abrupt dismissal last week of Mr Michael Lawrence, the exchange's
        FT  -  357 words
      • Article
        Lock icon Aussie, NZ bourses launch common index
        279 18 Reuter [SYDNEY] The Australian Stock Exchange (ASX) and the New Zealand Stock Exchange (NZSE) yesterday launched a previously announced TransTasman index. The TTIOO Index, comprising 13 New Zealand companies and 87 Australian companies, will operate between 7:30 am and 4.00 pm (2030 GMT and
        Reuter  -  279 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Japan denies it will ease bank capital requirements
        348 19 Media report had said capital-to-asset rales may be lifted to get banks to write off bad assets quickly Reuter [TOKYO] Japan's Ministry of Finance and Bank of Japan (BOJ) yesterday denied a media report that they are considering temporarily easing capital-to-asset requirements
        Reuter  -  348 words
      • Article
        Thai properly firm taps S'pore offshore market for US$20m
        217 19 [SINGAPORE] Thai real estate company Supalai made its debut in the international capital market yesterday, signing a syndicated deal hare to tap US$2O million ($28.4 million) from the Singapore-based Asian dollar market. The three-year loan its first syndicated offshore borrowing bears
        217 words
      • Article
        Lock icon Japanese sell net US$2.98b in US bonds
        417 19 Bloomberg Business News [TOKYO] Japanese investors wore net sellers of US bonds for the third month in a row to the tune of US$2.B9 billion (554.07 billion) in November, the Ministry of Finance said. That was down from a net sell-off of U556.59
        Bloomberg Business News  -  417 words
      • Article
        Lock icon China launches bonds at pioneer auction
        374 19 100 banks and institutions compete lor IXS billion yuan discount bonds Reuter [BEIJING] China's first auction of discount treasury bonds using a method similar to that employed in the US is a step towards a healthier bond market and the reopening of its bond
        Reuter  -  374 words
      • SMALL Change
        • Article
          Lock icon Japan banks raise interest rates
          53 19 Bloomberg Business News ymitVfV} flmmwirrial city hmlra -allMlrt ttWlf tntWPWt If rale* on tin* deposits with terms of two years or longer, newspaper reported in its evening edition. The banks raised the rates on three-year Super" time 1 &qpesttiwtthbalancesGf]aasthan3niillionyen(Ss39,4Bo) by as much at 0.1 per
          Bloomberg Business News  -  53 words
        • Article
          Lock icon Major Japanese banks to axe jobs
          63 19 Bloomberg Business News the number ofempioyeea to cut cots, NVton newspaper repor tad. The banks arewpected to have a total of *****0 employees, down 5,297 from the year-ago i period, by the end of March. They are likely to continue k reducing employees through
          Bloomberg Business News  -  63 words
        • Article
          Lock icon S Korean bank opens rop office in Hanol
          85 19 AFP fHANOI] The Commercial Bank of Korea (CBK) has 1 cjwiuJ its first Vietnim»oe lapmomiftliifi offloe in Hanoi, a report said here yesterday. CBK became the fourth 1 Karean bank with s representative office in Hanoi after ■Kealm tin ftatnrtu fliTVm Ini
          AFP  -  85 words
        • Article
          Lock icon Beijing urban co-op bank opens
          67 19 Reuter IBHJING] A new bank formed by merging Beijing's 90 urban credit cooperatives, the fourth of its kind in China, opened for businesa yesterday, a spokesman for the Psopis's Bank of China said. The Beijing urban I cooperative bank has a registered capital of 1.5
          Reuter  -  67 words
      • Article
        Lock icon More Indon firms to borrow abroad as credit tightens
        138 19 Bloomberg Business News [JAKARTA] Foreign borrowing by Indonesian companies will probably grow in the coming fiscal year, adding to inflationary pressures, as a result of the government's attempt to curb lending by local banks. The Jakarta Post yesterday quoted Laksamana Sukardi,
        Bloomberg Business News  -  138 words
      • Article
        Lock icon Thai ministry plans to end oil refinery tax: report
        127 19 Bloomberg Business News [BANGKOK] The Finance Ministry will abolish a 2 per cent tax paid by some oil refineries, in a bid to make the industry more competitive, according to a newspaper report The Nation newspaper yesterday quoted Chatu Mongol Sonakul,
        Bloomberg Business News  -  127 words
      • Article
        Commercial Union to form first insurance tie-up in Vietnam
        228 19  -  Its partners are Tokio Marine of Japan and BaoYiet By Soh Tiang Keng [SINGAPORE] Britain's Commercial Union Assurance, which runs a regional branch office in Singapore, has obtained the green light from Vietnamese authorities to form Vietnam's first joint venture insurance
        228 words
      • Article
        Lock icon China banks could protect HK$ after 1997: banker
        147 19 Bloomberg Business News [HONGKONG] China s four specialised banks could act together in the territory if necessary to protect the Hongkong dollar from speculators, the Asian Wall Street Journal reported, citing the general manager of the Agricultural Bank of China. The Hongkong
        Bloomberg Business News  -  147 words
      • Article
        Lock icon CURRENCY REPORT
        173 19 Reuter, ADP THE dollar steadied in European, firmer from Friday's close but off highs, as dealers saw little sign of a breakthrough in US budget talks and looked for a thinning of trading due to a snow storm on the East Coast of the US. November Japanese current
        Reuter,; ADP  -  173 words
      • Article
        Lock icon Oil prices soar as snowstorms hit US
        313 19 ENERGY REPORT Reuter [LONDON] Oil prices neared two-year highs yesterday as the eastern United States was hit by the worst snowstorms in decades. Brent crude futures for February delivery opened in London at U5519.25 a barrel, up 20 cents from Friday's close and
        Reuter  -  313 words
      • Article, Illustration
        Untitled
        1162 19 DTTBEBAMK CUMtBWCT RATES 4pm, Jan s AftfMtSS ApMN ApMS AftfNt t5t r ftwrtu on ow» on omr Cwwdw m mm m 0-t^rin, FraKktaK *****9 *****9 4.9315 4.9335 Local dollars to one v*U oftortign cvrrenqi: HMfkMf dotttr 18.41 *43 7.7»5 7.7J45 taMMMtar ***** 1543! 0.7455 0.7450 Hiwilliwpili 0.0522 0.0522 2490,000 249(400
        1,162 words
    • COMMODITIES & FUTURES
      • Article
        COMMODITY Reports
        947 20 [KUALA LUMPUR] Tin price on the Kuala Lumpur Tin Market ended two sen higher yesterday to close at M 515.75 per kg due to increased buying interest. The local bourse performance was also in line with the higher closing on the London Metal Exchange that saw the metal
        947 words
      • Article
        Lock icon SIMEX Report
        226 20 Reuter [SINGAPORE] Slmex Euroyen and Japanese government bond (JGB) futures ended higher, boosted by short-cov-ering and the Bank of Japan's generous money market operations. but dealers said further gains would be capped. September Euroyen ended two ticks off its intra-day high at 99.10 against a previous settlement at
        Reuter  -  226 words
      • Article
        Untitled
        766 20 >■■111 Jan 8 raoooomui om t— una latoai kAUt o$m JMM 9C4I M« H4I H« 19 01 IK Faft 9ft 94.57 94.57 9455 94.54 71 0 *34 Mar94 94.ftft 94.47 94.43 9444 450ft 1342 ***** (Map tmm Jaa Pfc HA. ftp Mc 94J1 Mar 9«e 9444 QMOmM Op- m» I—
        766 words
      • Knight-Ridder Commodity Summary
        • Article
          Vietnam rise output up by 10%
          122 20 [SINGAPORE] Vietnam's 1995 rice output rose by 10 per cent on the year to 25.4 millions tonnes, the Vietnam Investment Review said. By the end of November, Vietnam had exported about 1.93 million tonnes of rice, and total exports in 1995 were 2.15 million
          122 words
        • Article
          Thai rice exports reach 6-year high
          93 20 [BANGKOK] Despite nationwide flooding, Thailand's rice exports reached 6.01 tonnes in 1995, earning the country about 40 billion baht (5|2.2 billion) in foreign exchange, a government report said yesterday. According to the Foreign Trade Department, 1995 was the best year for rice exports since
          93 words
        • Article
          Taiwan, Thailand using more cotton
          73 20 [SYDNEY] Taiwan and Thailand are expected to lift their 1 raw cotton usage in 1996, while the aftershocks of a depressed yarn market are seen curtailing consumption in other Asian countries. Lacklustre local demand for yarn in Indonesia, Japan, South Korea, China and Hongkong is
          73 words
        • Article
          Japan may buy more Aussie barley
          83 20 [TOKYO] The Japan Food Agency is considering increasing its purchase of Australian barley for 1996 in case Canada fails to supply Japan's import needs. A JFA official said yesterday that the agency and the Canadian Wheat Board are scheduled to begin feed barley negotiations
          83 words
        • Article
          Egypt's new oil,natural gas finds
          112 20 (CAIRO] Egypt yesterday announced three oil and natural gas finds In the Western Desert and the Nile Delta. Oil Minister Hamdi El-Banbi said the first was found north of Mansoura in the Nile Delta by Agip S A, a unit of Italian energy group ENI.
          112 words
    • Article
      COMMODITY PRICES
      1007 20 SIOOMFUTOBBB Jan 8 1 1 NNCf Mamcteafcfisit*JOf«) micwmuCTgim>)h r:iu ow mmm oom mm mm u» satt <m—») utamt MM 229.00 222.00 222J0 050 TT00 MrH ***** ***** 222J0 300 825 tar 90 ***** 28J0 220.50 000 4325 ibfl ***** X ijgJQ 220.50 600 4325 JIMfti ***** 219JO *****
      1,007 words
    • Article
      REGIONAL STOCK MARKETS
      4433 21 p**»» -106.46 SHARES were subdued as institutional investors took profits in blue chips after a nearly 800-point jump in the Nikkei last week. But increased arbi-trage-linked buying prevented the market from dipping sharply, underlining continued strong sentiment "The fast rising pace since the Btart of this year
      4,433 words
    • Article
      WORLD STOCK MARKETS
      1258 21 Hiwfci *iu UK STOCKS closed at a record high as oil stocks advanced and the Dow Jones made early gains after an opening delayed by heavy snowfall. The FTSE-100 Index dosed 16.1 points higher at 3,720.6, surpassing its previous peak of 3,715.6 set on Jan 3, with
      1,258 words
    • Article, Illustration
      Lock icon HONGKONG
      2372 22 AFX-Asia Q Hug Seng 4033 SHARE prices closed lower on speculation that Hysan Development and Cheung Kong are planning share placements. Dealers said sentiment turned bearish on rumour that Hysan is planning a share placement. They said there was speculation that Cheung Kong is also considering placing shares to
      AFX-Asia; FRANCIS  -  2,372 words
    • Article, Illustration
      Lock icon CHINA
      466 22 Reuter nSunHudßSbroMg 4JI SHANGHAI B Share Index ended down after thin trade yesterday, with most investors sidelined and confidence weak, but brokers said the market was unlikely to fall sharply in the short-term. The index fell 0.17 point to 50.884 on a volume of 3.7 million shares worth US$l.B
      Reuter  -  466 words
    • Article, Illustration
      Lock icon JAKARTA
      1009 22 Bloomberg Business News Q Composite Index -OJB STOCKS were little changed as a rise in Kabelmetal Indonesia, a maker of telephone and power cables, was offset by a fall in Gadjah Tunggal, a tyremaker. "The negative news on Gadjah Tunggal is that rubber prices will continue to rise, and
      Bloomberg Business News; BCRUZ  -  1,009 words
    • Article, Illustration
      Lock icon BANGKOK
      1189 22 Bloomberg Business News P SET Mm +M STOCKS were mixed, as property and export issues rose, on expectations earnings would be bolstered by a strengthening US dollar. Phone and cement issues, among the biggest gainers last week, fell as prices may have risen too fast to correspond with earnings
      Bloomberg Business News; BCRUZ  -  1,189 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Foreign buyers send shares to 5-month high
        6925 23 KUALA VSfKPUK Reports Bloomberg Business News yiCnmpogtehißi +12.48 THE benchmark stock index rose to a new five-month high as foreign fund managers seeking blue chip stocks bid up Maybank and Sime Darby. "Most of the foreign funds were underweighted in this market and
        Bloomberg Business News; BCRUZ  -  6,925 words
    • WARRANTS & OPTIONS
      • Article
        Anomaly offers opportunity
        3417 24  -  WARRANT WATCH By' Ven Sreenivasan THE rally that started last Wednesday has led to an anomaly, with several underlying shares surging ahead of their warrants. When added to the strike price, the result is a squeeze on conversion premiums for a slew of warrants. The phenomenon is
        3,417 words
    • Article
      CLOB INTERNATIONAL
      1947 24 'Him urn 6* Of IMVN Last Vat Day Last Oust* Olv Mv VM Mat MCap Mtpti lia Btna Cmpaay HH ftXX» H0»> La» Bayar Sa8ar Cvr P/t S«di n IN AISB50C 470 >2* 87 470 440 400 470 10 1* S3 *12 4023 420 703 AMOBSOc «13 2003
      1,947 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        702 25 1 J J MAM turn total s? —i H in 1 H sS* 3 i i 3 i i 3i J 8BS. "5 "J I 5 "8 "S mmrn «CM "MM nnim -nm *m mm mam mm mm vmm mm mm «m* mm *tJi mm n*m*m rm* *a mm mS*mm
        702 words
      • Article
        MAIN BOARD
        4240 25 Or Or M Wt 1998/M lm« V* Day LaatOwata Dt» Mv YM Nat Cap A** l«» Ui 6889a Cw—>y tan COOOt UN* —var CNr P/K U* Ww ■■■■■■■■■■■i <■ ■■wnnHM 214 174 12M AcarSOc US211 *1 132 214 209 211 212 14-2 349.3 4M 318* ml 1000 AOM90c
        4,240 words
      • Article
        SESDAQ
        747 25 (r tr MM IHV* Laat Val Day LmIOmM Mr Ok W M Cap Av« MN* m WW Ciwpawy %ttm rOQOI MH> t— 8»yar urn* Cm *n $3 htw StSMO 322 40 AMHMpSc 270 *2 44* 275 2*7 270 271 M3 *3 OJ S8.7 IffA 2*7 280 SO 9 Aslamatrti
        747 words
      • Article
        Untitled
        183 26 *tar)ava Gtmp 12,822,000 *KC1 HMqs 50c 9,681.000 IPCCorpn5c 8,882,000 8,017,000 •tasasBM 7,383,000 VJMWttt 7,220,000 mC8HM«S«t99 7,142,000 Fm YuMfglOc 7.102.000 UK 6,477.000 Htngfri 50c 6,445,000 mm* DBS Foreign 38,846,730 UOtForaip 22.451,650 SMfcmangCwp 18,095,868 Jtacol25c 16,933,520 FIN 15,816,500 •MCt HMgs 50c 15.096,650 OKU* M,707,452 QUE 14,158.215 *B«r)ayi Group 13,114,745 IMplMlwH 12J24.920 •MCI
        183 words
      • Article, Illustration
        Lock icon HOT STOCK
        62 26  -  b F Lee FRANCIS UK* raQj to $1.48 yesterday from $1.96 at the beginning indication of a ISSSSrSmni million shares was 21 times that qf the 905,000 units when the ralty started. Despite the optimism, caution is advtsed as technical factors are getting overbought and 1 there is
        FRANCIS  -  62 words
      • Article, Illustration
        Rally continues as more foreign funds flow in
        667 26  -  STOCK MAOTT OOUBMTAR Bine chips lead surge bnt focus falls on Clob counters and second-liners By Ven Sreenivasan [SINGAPORE] Stocks continued surging yesterday, with the Straits Times Industrials index hitting an intra-day high of 2,400.23 points, the highest level since Feb 23,1994,
        667 words
      • ON THE GRAPEVINE
        • Article
          Taking SES seriously
          67 26 THE Stock Exchange of Singapore's injunction to directors of listed company to disclose timely Information it being taken very seriously at Detacraft Asia, the communications end networking system integrator. Yesterday, we received a press rsisese from Detarrsft died Jang. In tfanas like theee, we understand if company
          67 words
        • Article, Illustration
          The truth about appointants
          95 26 WHO says accountants are boring people who wear grey suit* end doot know bow to let down their hair? The picture above dearly «hettersthleetereotypViallfnsa» of the profeeekm. Mr Roland Ma, fUfrtime partner ofkle own accountancy firm and part-time letter writer to the preee, is aeen here
          95 words
        • Article
          Taking Fu Yu su
          123 26 THANKS to the ragtag bulls, FuYa Manufacturing had a chance yesterday to dismiss the unkind remark of critics who snubbed at its IPO last year by saying, "dontlstFuYu tool you". The msmrfartursr of plastfc sisctnmtes components came into the market at 40 cents apiece at a
          123 words
        • Article
          It's a taugh
          80 26 NATSTEBL, Singapore's sola atari producer which patfttapedaureseafttfly to fee authorities laat year fer an M anti-dumping levy to be imposed on Malaysian and Tui tay atari imports, to now I at the receiving end of complaints about ita pricing. The oorapany has apparently 1/| Imported atari in
          80 words
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      479 15 FMS. The Weight-Loss Programme That Works! AMAZING RESULTS SINCE ITS INTRODUCTION 7 didn't believe it would work, but I nearly gave up hope of ever lost weight in all the right places." looking slim again." DEXTER AT 98.7 KGS.. WAS ONCE THE VCTM OF JOKES, CAUSMG "LOOKING BACK, I REGRET
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      60 16 FOR SALE BY TENDER 19 Kim Keat Road A 10-storey light industrial building with basement carpark Site area approx 23,000 sqft Gross floor area approx Tenure: Freehold Close proximity to CBD Orchard Area w Easy access to CTE PIE Tender closing date Wednesday, 14 February '96 at 4.00 pm For
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      183 17 I Jf I l»\ JfmLl f i™ ik. Business Class return, private chauffeur and J|Hp|| hotel of your choice -HlflN Th c Royal Orchid Executive Package from Thai Airways International has 3 convenient ways to help you embark on a successful business trip to Bangkok in comfort. V 3F On
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      173 18 l/\ Modern approaches: Arbitrage, Market Efficiency Capital Asset Pricing Creating Enhancing Shareholder Value Linking Corporate Strategies to Corporate Value Strategic Value Analysis Understanding Gearing/Leverage, Capital Structure m Official Pibbobon- Creating Value Value Base Management M\ Our distinguished speakers: David Ewers, Director, Value Focus Ltd (UK) BSriM Todd Lukasik, Asia Account
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      165 18 We provide consultancy service* 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 qualified
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      113 21 '■W'Z* 3$ 'but *">£ y. •>• <••••**. >-• -sH». -J V-' < -<•• C~V. -.*•<-■"•> I« r «4.si ,V •< ......i.». > f* ■:m *>. i"! *">a w >«*$ :■->■ JZs: v -s *£> i «V •<-*< < V:.- > x V.i' ,'v <v* VIT V V +M ■>■ ~r
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      43 22 MONT* BLANC THE ART OF WRITING Available at MONTBLANC BOUTIQUES Singapore Ngee Ann City #01-32 Raffles City #0/ Oo Ml NTBLANI CORNER S►l y u 3rd Fi: Bugis Junction Sincere Watch #01 013/01 5 Suntec City Ma 11 and all njthor :1- a
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      121 23 A 181 j 1 r■ 1 i WW? UflT T CJ T1 A O Subscribe to Name (Mr/Mrs/Ms/Dr*) Age: KTi 111 l\j If 1J I I liAl V Ix. The Business Times, AddPOM. TVtfV > t' #I|P I ———————^^m—m—m—m Find out by reading The Business Times daily. mows™*. lewweNoM: v
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      42 24 SMOOTH AS SILK TO BANGKOK Travelling to Bangkok? Fly smooth as silk on Thai Eftim TIIUIEQ rtAII V four times daily. Enjoy gourmet food, vintage UAILT. French wines and a standard of service that's famous the world over. Thai. Smooth as silk.
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      218 26 Mess (s#H Newt from ras|§r a Slngaporel Perspective^- For over two decades Singapore Business has covered the local and regional business scenes with more depth and im* I breadth from a perspective which is profession: more relevant to local businessmen than I company: any other publication. Some may call it
      218 words
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      Page 26 Advertisements Column 2
      197 26 Singapore Closing Share Prices 08/01/1996 CLOSE PREV LOW HIGH a||l|a US$ US$ US$ US$ \liiir Jardine Matheaon 7.55 7.45 7.46 7.70 J«*ine Strategic. 3.10 3.14 3.10 3.10 LBSy J Dairy Farm 1.03 0.09 0.06 1.06 Hongkong Land 1.87 1.01 1.66 1.06 ■WpiPVH Mandarin Oriental 1.28 1.30 1.27 1.30 EfiUUUti&l Jardino
      197 words
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      Page 26 Advertisements Column 3
      276 26 M THE MATTER OF THE COMPAMES ACT, CAP. SO AND BOMDIEWMIBUPTItTi AinExMtayQmriMNlni of too Company duly convened and hold at Room 203 Wi Caw M Gobartcho Chryoda-ku Tokyo 102 Japan on M 2 January 1986 tfw todMrtnQ BpaoM Aaaokdtan wm dulypaaeed. RESOLVED Ml M Company to wound up whnM|f pursuant
      276 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      275 27 Knight-Ridder, Reuter CONDITIONS in the freight market were mixed, shipbrokers said. They were generally steady for Panamaxes in the Atlantic but softening in the Pacific, strong for Handy-sizes in the US Gulf/Atlantic but generally weak elsewhere, and bleak almost everywhere for Capers, but especially in the East. Negative
      Knight-Ridder,; Reuter  -  275 words
    • Article
      MARITIME STOCKS
      232 27 *M CWTOMributton US *008 244 126 undi 30* Co»c» Inontiwm 2.01 *001 30 ftLl 7.0S *020 571 PraMtLMa a*49 *003 4*3 OOlTlllp Ul OOI 7S2 imsmmmp am *ooa 1020 IBhMZiih LM undi 3M mci ma |i wiM JiyilllWwp U2 *001 198 JWM8 —1LOO 040 SM thtmS Car* 1240
      232 words
    • Article
      Management buyout team acquires Lloyd's publisher
      320 27  -  Lloyd's of London Press sold for £8&5 m; no change in names of publications By Yong Mei Fong [SINGAPORE] Lloyd's of London Press (LLP), publisher of the world's oldest maritime and daily newspaper, Lloyd's List, has been bought over by a management buyout team.
      320 words
    • Article, Illustration
      Lock icon Shell's trading arm charters bulk lubricants tanker
      201 27 [SINGAPORE] SheU International Eastern Trading (Sietco) has expanded its local bulk lubricants delivery facilities three-fold by taking up a long term charter on Neptank Bunkering Services' newly-buUt 450 deadweight tonne bulk lubricants tanker. The trading arm of SheU, however, declined to disclose the
      CHRIS LOH  -  201 words
    • Article
      Lock icon Chinese shipbreaking industry in doldrums
      292 27 Double blows of higher costs and foreign competition Journal of Commerce [BEIJING] In a matter of months, China's shipbreaking industry has plunged from top of the heap to the doldrums on a combination of higher costs at home and stiffer competition abroad. Scrapping yards, mostly
      Journal of Commerce  -  292 words
    • Article
      Lock icon China building grain facility in Dalian
      136 27 Reuter [BEIJING] China has started to buUd its largest port faculties for grain imports and exports, in Dalian in north-east-ern Liaoning province, the China Business Daily said last week. The project, a beneficiary of a World Bank loan to improve grain circulation faculties, needs
      Reuter  -  136 words
    • Article
      Contract saves B&W from early closure
      113 27 (LONDON] A cash contract for three panamax bulk carriers for Italian owner Bottiglieri di Navigazione has saved Danish shipbuilder Burmeister Wain (B&W) from early closure. The yard confirmed that it regards the contracts as firm, although subject to final approval. The order for the
      113 words
    • Article, Illustration
      Lock icon Pushing for shipping reform
      1226 28  -  r SHIPPER ADVOCATES: BID TO END ANTITRUST IMMUNITY RULE 5 The European Shippers' Councils have launched a campaign to convince national governments and t the European Commission that the present conference exemption from antitrust regulations is harmful to shippers By\ Elizabeth Canna American Shipper zj UST
      American Shipper  -  1,226 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      305 28 PAQg mi n AMI 3 AM* 7 Accord (2 AMars 6 AkrcnkM 4 AppmMp 4 Astro 10 Austral H Avnt 6 BSA II Mwliiy 7 rtaniMas 12 BrtfMEipreu 6 CCNI 4 CMA It COSCO 7 CSAV 3 CMtmvy 7 CMHEI n Cfcataya 4
      305 words
    • Article
      SHIPPING GUIDE
      13289 34 ETA ETA Advertiser VmhI Voyage Pg ETA ETA Advortisar Vnwt Voyage Pg SIM Dosfn Now Name No. No. SIN Dost'n Name Name Wo. 01/01 04/02 PtO DISCOVERY BAY 5524 5 Abidjan o»/oi os/oz Triestmo ever craoc omt-m tw 4 10/01 10/02 COSCO TONC CHENG /OHM T 09A« Norasia
      13,289 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        443 41 Vessel ¥n— Berth Arrival Departure HI) Bwtang Jaya Jl 09.01/1000 i«D Meter 0796 Jl alongside 09.01/2300 Mm Indait M257 J2 alongside 09.01/2300 Mm Mini 01/02/96 J2 alongside 09.01/2315 lotk 01/96 J19 alongside 09.01/2300 Hong***** J7/8 alongside 09.01/1800 Irian Jaya 01/96 JTI alongside 09.01/1100 JM DoipMn/B PN9601 JT7/I8 alongside
        443 words
      • Article
        CONTAINER SCHEDULES
        1454 41 RECEIVING Of EXPORT Fa CONTAINERS AND La CAROO Boofcbq/Baimct tstts SMp Voy Etfc/itr Nrtoi Prow To Frw lajatt zm Mm ovhoo oo/km 04/1900 0*5700 09/169 09A400 4 09/1200 09/MM 09/1700 Data 204A 10/0200 1 0VBM OVMM 04/1900 04/T700 09/0*59 09/0900 09/0700 09/1159 09/1400 Ml *505 ivuoo a OM500
        1,454 words
      • Article
        COCKETT BUNKER MARKET REPORT
        962 41 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        962 words
      • Article
        GLOBAL HOLIDAY
        444 41 JAM 11 Nepal Market and Public holiday. National Unity Day/Basanta Panchami. Morocco: Market and Public holiday, Day of Independence Charter. IAM IS Japan: Market and Public holiday, Adults' Day. Sri Lanka: Market and Public holiday. JAM SI Nepal: Market holiday, Lhochhar festival. JAM as Pakistan: Market and Public
        444 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon China car industry set for shake-up
        365 42 Govt lifts ban on now car plants and lowers tariffs on car imports Bloomberg Business News [BEIJING] China's car industry is set for a shake-up after the government decided to lift its two-year-old ban on considering new car plants and lower its tariffs on
        Bloomberg Business News  -  365 words
      • Article
        Lock icon Japan hopes for air talks with US in early Feb
        209 42 Reuter [TOKYO] Japan hopes to hold athird round of air cargo talks with the US in Tokyo at the beginning of February, a Transport Ministry official said yesterday. "We have asked the US if we could hold the meeting on
        Reuter  -  209 words
      • Article
        Lock icon Northwest to start direct service to Beijing
        104 42 Bloomberg Business News [MINNEAPOLIS] Northwest Airlines Corp plans to start a non-stop service to China. Starting May 1, the Minne-apolis-based carrier will offer three direct flights a week from Detroit to Beijing. It has offered flights to Beijing through Tokyo's Narita Airport three
        Bloomberg Business News  -  104 words
      • Article, Illustration
        Lock icon Snowstorm closes airports along US east coast corridor
        281 42 Sharp increase in traffic accidents in many states Reuter [WASHINGTON] A fierce snowstorm swept through the eastern US on Sunday, closing airports from the nation's capital to New York and paralysing highways. All airports in Washington, New York and Philadelphia were closed
        Reuter; REUTER  -  281 words
      • Article
        Lock icon Japan to release report of Airbus crash
        188 42 Bloomberg Business News [TOKYO] A Transport Ministry panel will this spring conclude its investigation into an accident involving a China Airlines jet that crashed at Nagoya Airport in April 1994, a ministry spokesman said. The Yomiuri newspaper reported on Sunday that the panel
        Bloomberg Business News  -  188 words
      • LOG Book
        • Article
          SIA plans extra holiday flights
          71 42 [SINGAPORE] Singapore Airlines plans to havs adritttonal flights on the Singapore-Kuala Lumpur and Singapore-Penang routes to cater for the expected extra demand for seats during the Lunar New Year and Harl RayaPuasa holidays. On the Singapore-Kuala Lumpur route, 20 more flights will be scheduled between
          71 words
        • Article
          Lock icon Suzuki's Manila car-assambly project
          74 42 UPI [MANILA] Eyeing the Philippinee as a potential production base, Japanese car and motor manufccturer Suzuki Motors Corp announced piansior a our assembly facility that would serve most of Asia. Suzuki Philippines Inc said its mother company planned to start the prttfect in the middtoofthis year,
          UPI  -  74 words
        • Article
          Lock icon Cathay to lease 8 Boeing 747 freighters
          86 42 AFX-Asia [HONGKONG] Cathay Pacific Airways Lfcd has signed s 16-year agreement to lease three Boeing 747 200 freighters to its Air Hong Kong freight unit, the company said In a statement The throe aircraft will be purchased from the Brazilian carrier Varig, and
          AFX-Asia  -  86 words
        • Article
          Lock icon Jordazian airline in Tel Aviv
          109 42 Reuter mBL AVIV] Row! Jordanian aMln»wm«i-» n Tel Aviv within a month in preparation for the start of flights between Jordan and IsraeL The Jordanian national flag carrier sakl it had chosen Galilee Tours, the first agency to bringlsraeli tourists to Egypt snd Jordan,aa its
          Reuter  -  109 words
      • Article
        Lock icon Hyundai to set up aerospace complex
        181 42 AFP [SEOUL] South Korea's leading Hyundai Group said yesterday it would build an aerospace complex here to manufacture helicopters, satellites and aircraft parts. "Hyundai plans to set up an integrated aerospace plant in South Korea under a national project," a company spokesman Choi Ki
        AFP  -  181 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1276 42 an FU6WT ETA FU6HT ETP 8ww SIWT 2310 mmM mm fiwutiiwc COM OKO AMaiOo IY61I WO 0F82 2050 Hanoi VN745 1305 VN744 1405 Ortl 1930 ****** 1310 VM740 1410 SmjM_ i Hit Yal TG407 2120 T6408 0620 Aastartam GA897 IMS KL844 0110 M895 2255 1920 S0327
        1,276 words
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      1059 28 |J 59 IE I* IW»IOK I »r IMEBCoarT wuuS whuimbo tornu Lmaw|towS "IfIT f% mimm 4MB "m/w" "m/m" v/w" "5/5" h/m" m/m* b/m I m/m I w/m I w/wl mm P®**®P®FW*l WW nm Bfli WB iW !W" §1 SJJJ *7™ 52 IST "SST miSST T5555 SS 55»£«£ SS SUS US3S
      1,059 words
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      Page 28 Advertisements Column 2
      181 28 M MOfAJM PM MMR C Singapore j Ti -n Business Giving j you w am the iuv winning cf jSSMMMHMRfc ATHWOULA 1(VD1 ||—tlHfc» I SEA DREAM 12A)1 18AM i gtssunrke aom mmmmmi I B.*lMdi C JW. MiMj. Wonrti 'M layseana I ■HERMELM I Imn GRACE I j J lUMtflngtar I
      181 words
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      893 29 rftORCSOUIHWtST IXPKSS (MKCT) 1 vm I vot 1 w. I aim lint liw 1 pi I mm oc I kk I a I hoii I I n I (ftOM IMM 166/11 I M/W 1 M/M ln/tl I 36/H I 31/H I 11/11 I W/W I 11/W I W/H IOM I
      893 words
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      Page 29 Advertisements Column 2
      1647 29 HANJIN SHIPPING I l»A "n/»i I mmo lii/b ~mm~ ~b/b~ mm ~*m~ mm mm ~»m~ Hm~ b/b b/b b/b ~mi~ ~m7m~ ~m^T~ K/ll I MKT |H/R M/B H/B 11/B I 11/H 12/B H/B U/M >VB "/B IMS ty* I B/B 1W IVB Hm~ N|/M HM| UJd |ii/W IWir 17/B I
      1,647 words
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      988 30 I«a I «vr I nmi I rMM tm m sum pbum sm m mo to sn ok m MOB Mil W1 H/H 'y ~u7i W ~~57i~ ~n7i~ ~h7T ~n7T mam I iffi I Sti 1 n/it I fl7ir is/i j/i q/j jflg SK 8S mußoros n/4g iwni aw Vi i/i
      988 words
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      Page 30 Advertisements Column 2
      752 30 I NORASI2V~ IVeNEL VOY am ALO las bcl val nam am hot ant fel lma am arw nsi mi m« mm imi im> ivk iim ti« taw imi si value m wi tw iw w iw n« w iw nm tam nm KAMTMIM MM SMIUMISMI7MNMMIIMIMMMM HM lIM MMMRMUM MH *I*l
      752 words
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      Page 30 Advertisements Column 3
      468 30 JAPANSHONOKOMQ/STVIAfTS RSOULAft SCftVICS LOADING FOR PORT KLANO/PENANO m stow FSB na —fis ~~SS gpf~ 11JA9 MMR 11JM HM. SEA MOAT ttJM ItJMi ITJ— p»ohc brace v it m u 7 w—MMW 11 MM ~UmTZ SWUMS J 14 MM 12 JM uww n mar —z uamm m nm hjm ■M.H* i
      468 words
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      815 31 jPW STRAITS SHIPPING PTE LTD riMf mm nnm CMa* rmo *ii-«i Kappei tmm» rnWJTSHO« VMOIE In Put lIJm Man. KM UmMn A IMMit i' .1 CARMAJNM-32 VMSIE 11M 12 M MiMMMShMM A Hmm W tft cww —n AMU BRMMMMJt SMIWTOiWIMI—r STOAITSSM VMM It Jm 17 Jm Mm. LMm AMi MMM
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      Page 31 Advertisements Column 2
      1440 31 PSIA rilltltfllllfifQ PAOConoUner* (Singapore Agcndct) Pte Ltd \AWIIff wl 10 Hoc Chlaag Road, #97-Sl Keppcl Tower*, Singapore 0268 First Class Connections WORLDWIDE PNOCSP Faic 225 5327/222 7517 MAramMA»sK SiS 223 SE BBSkmmbmi !ww X I*l2 Swa i™ o*oi 0*0? o*w JSEPSJBE 222 SSI 22] 2223 L._, 223 223 nmt UVEfIPOOLBW
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      Page 31 Advertisements Column 3
      134 31 lohimiiimp Iml 1 jom I I MM IMO 1 MI I be 1 tor Itol MM IMM I ow 1 MOJ IMM I IMM WW 212 j"TTW MWI |PMI |MI»1| M-IDtl IjW 11—1 Hit 2tfl I 1 |HI HW HI H< 1 Cb| IMTLIMM [MM|WM \ml"]m\mITI aasm■ jhl.jbljhl_ddl_hl._jr_ SB sbs
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      Page 32 Advertisements Column 1
      1007 32 ran ROM MM IMS TOP URf Ul* THT ROM AMI HM PKL MP E. RACER RVMM 11/1 l/l U 40 U 71 E. BROUP RE-M7 11/11 SB/11 11/11 IS/IS W1! IVI 17/1 E. RESULT EW m W K 1B« llff 13/1 14/1 LMTHBIHE4H S4/IS 38/1S M/ 11 tint SB/IS SS/I
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      Page 32 Advertisements Column 2
      743 32 aim VOTAM MP MB MI MM IM IMV Ml I IflSSft VOTtM MM AMI Ml MM MP MOMMC QM74I7W 11/01 71*1 Ml M&« HKOKOtT OVMRS 11/17 01/01 Ml Cl/01 IVT>I IMODM DOflfl Ml *W Ml VD M M MOMMA 0J7147* Ml 07/01 01/01 Ot/M 71/01 *Alw«ooMM>MFaiaPcti«.Sh«MKJMlAl»MOubM.llluM(llß»OM>oo»). MH Mid *M Abu
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      Page 32 Advertisements Column 3
      395 32 5) WPTBLT I I ACCEPTING FCL AND CONVENTIONAL }/mmt psrn m iM*nkr AwfcH 4tm 21/08 am IMH ASJJJMBSSS? 1 |wr| >— jr.uM of m rrwi ■»»<iy imrel Hi n*i mi nn »—< I—it WI IWI Ml M E—«ci Sir I*l IMI K**>Culm PRSOIN iaw 17/W I 2UM mwobw iiw aw
      395 words
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      Page 33 Advertisements Column 1
      724 33 MWMHINM(i|i* W tt—nt): IMIMt Uh$JMHn. H~*l CO STAR SHIPPING PTE LTD tmjjmgfjygMt (nmntimmi/w cmmtiomimiw 0,«,n~ mi*, 4m?is UMm M* m-M Ttjti IUM COtm ClirfU—al (MMM A««Mf7W l- l l l l I^^f- in «Mf tm SJfSJVS mm m tmm inkmw fli/lwl( Juru BwwMi johom of net: r U ttutu n*rmms
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      Page 33 Advertisements Column 2
      384 33 I FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) W k I y Sailing To UNITED KINGDOM CALL OUR FRIENDLY GROUP FAMOUS EUROPE GIRLS RAMLAHIIMAHI MOLLY *****33 _J i P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 UNES) j. BAHRU PH: 0207-*****22
      384 words
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      380 36 B 1 KAPAL KRIS Shipping Pte Ltd I 7W DUXTON ROAD, STORf *****9 Mtt4777> fix *****77 a MO. **********06 j SYARIKAT PERKAPALAN KRIS SENDIRIAN BERHAD A 10 JAUHSS 6/1, lIHANA JAY*. M.IOXMM ***** KttlMG MY*, SBANGOt. TH: *****77/71/79 MX: *****07 IBB: MIM3S IKUOWW I I WW I I *»<»*» I
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      Page 36 Advertisements Column 2
      168 36 BMg MONTHLY SAIUNOS HUOflSaVtg VBgL/WT SH ÜBKMMM MMUM mm vissa n n i h n m a uw sm au nu mdeavim nrr ii/ii u/ii 11/11 aanFtawßviM a» at ii/vi 11/11 n/w »/»i •s/u paomyi/n b/ii u/ii »/ii tt/w t«a»otv»io si/ii n/M «7/n m/n -tk,dku.tn iyS/Sa/itMw/iw mmumt n/n tsm »/w
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      Page 36 Advertisements Column 3
      205 36 YfUOK ILMMH ROM AMI CHPORI WIRE, STONE Ml TEL: *****11 (6 Wins) FAX: *****05 TIX R» ***** CRNO.2MIII4IHWF mm mm tan* ttmm wmmucmm MMUKVBk VM IjfljW MUM KAOUPV tt/M mt/K IjUjW MMM tt/M FQHIWMC ttM&A W HMM MMMMMJMMM BEASPACE INTERNATIONAL P) PTE LTD 133 New Brlda* Head §06-06 Chinatown Point
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      Page 36 Advertisements Column 4
      45 36 Astro SMppfag Pts Ltd WEEKLY CONSOLIDATION SERVICE. J Tele-Games Crack Safe Test your skill against our 'Super Safe' Computer. Break the 4-digit Codewithin 10 tricar Or else, you'll be caught ...by oar ever vigilant "Tele-Cop". Cost: 30 cents a minute MFBline Aa SPH AmKoTcx Site
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      514 37 i BSA a M MYANMA VHHBk FIVE STAR UNE Wimmu M«H—I U-) lactfbf iw Ym|m (Ih|Ni) W» VOT SM K6 KM KM jLPuasMvwT iw Nrr 4 ml m n-n-Mi/m hl m ai-aumiai Wk m n-M-M ***** PBfc IB IM7-M*****/4 BANK UNE (A lenlce el Aedrew W* $%ph|) I NOtTHNOUNP TO
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      Page 37 Advertisements Column 2
      933 37 ADVANCE CONTAINER LINES (PTE) LTD 140 Cod StrMt, #12-00, PIL BuHdng, MnQMXMV *****0 TEL: *****21, FAX: *****19, TELEX: R8 ***** ACLPL CTMOIBM—— 1 "wn vMaa. Ivor I m jkt mt SWiWe 58M149 li/Di t>m 14/01 Sm £q Kgx>»i <ru 10/01 13/01 in 17/01 v»y til Sl*J2£6k iomo2v 11/01 iH, ivoi
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      Page 37 Advertisements Column 3
      686 37 CR NO: **********0Z I lI—III VOY mt WMETtt |lEH««E HAMBUBQ THAMLM'mM ROTTERDAM AimW "I VUCOEUnU VI2W 10*1 2XOI sms SS 55 *EiEOEVB> VI2W WW 2M>l QMa OM ttST^"" vu£WCAf«uA Tim mi m ~555 veieoeubra Liawf low I-ia« aw 555 55 335 is ALSO ACCEPTHG CARGO TO ALL U. K. DESTINATIONS.
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      902 38 181 nBBWnTTfiHB IVESBEL I VOY WW JKT I WMfc I VOY I 8W PEN |^B L-- WANABHUM 3088 WM ICKM~~ tun t«1 AKABHUM 11/01~ 81 13gj~ ;HI J5555: *2! £5 MRABHUM ~l^Tl4/01 stamfowo !Z2? i*2!__L-2_ JS2L■ RATHABHUM WW Tim InPt St 13/01 cWfWWIUM jMTO tot IVQI Tut "sg«" AKABHUM 8607
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      Page 38 Advertisements Column 2
      784 38 79 ANSON ROAD, #11-01, SINGAPORE 0207 CR **********0N E"A''* WUITLB WHwtvß f PORTKLAMO PENANQ vena vtnr m wa. «na wr m n» SEA LAUREL 450W 1401 SUM 1501 MOW MCC VANTAGE 6003 1001 WED 13/01 FRI XOUR SPORE ***** 1501 MOW 1M» PfIffKLKTY 9SQQ3 1101 THU ~301 SAT SEA LAUREL
      784 words
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      Page 39 Advertisements Column 1
      408 39 fj£\ UNO IXPRISS SHIPPING (PTI) LTD. V M I 11 COLLYER QUAY *00-01 THE ARCADE SINGAPORE 0104. TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SMOEX T SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI STORE HKQ SHM VES3EL VOY ETA FTP ETA I ETP ETA I ETP CHANG VOIQ 9617/9618 OMj 06/01
      408 words
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      Page 39 Advertisements Column 2
      381 39 ssyf" 33r >.waitwiww 3SSRSSSMSmU»MWI SSSSB^)«B!{S^ AUST (SYD/MEL/BNE/FRE) US$l3/m 3++ PUSAN US$4/m 3++ j KEELUNG/ KAOHSIUNG US$3/m 3++ j I CEBU US$45/m 3++ WTIJW La I m I w I ro I nan W I I a m u I 1 Bf" ]b a, ipig.l* i" -i-q _M_nm—WW amma a v/n
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      Page 39 Advertisements Column 3
      137 39 I MFL SHIPPING (IHTIj SSSsf PTE LTD SUBSUMARY OF HM SUN HUP GROUP FCL/LCL CONSOLIDATION SERVICES •A 1 HOT LUESs *****42/345 j ACCEPTMG CAKOCS TO EMOPf BASIPORTS/ SYMKY/MIMMMI WITS m oas»««alsg vissa voy COMCOHMA 007S 11/P1 jjggJjnAjj_ IWTI3I 14/01 3 I resa VOY rouS^M HHASUm SUHIS3 13/01 1 I suk
      137 words
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      Page 40 Advertisements Column 1
      550 40 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 740-6000 j~ ~y~k n Our Inmarsat-A service now jcovers the Indian Ocean Region. \/k (IJVr d' V. < IIiSHHHHHHNHI Sentosa IBS Inmarsat-A service has now extended to the Indian Ocean Region. Till May you 9an enjoy attractive
      550 words
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      Page 40 Advertisements Column 2
      231 40 TEAMWORK is when everyone I BgHMWHHi takes responsibility and diligently work towards achieving the main goal. A quality which has been The Total Transportation People The Total embraced by all at Visa Freight Transportation I these past ten years. Put your People J transportation needs in our hands and Join
      231 words
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
      122 41 LMCND: R Thundmtomi Temperotvre Show, Woother Wind direction with speed in knot* ••Rom vJ Cloudy Sky Wov# h^,t Serfwe n* «ra Mfceted by errews •hidi fly «Mb the «M Or* HJ circle represent* cotm or t*« ond variable «ind> I—One half ftoche represents 5 knots L» Or* fid fWche represents
      122 words
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      Page 42 Advertisements Column 1
      176 42 Asian Feeder Discussion Group I i NOTICE TO TRADE '> u 1- ,r f As a result of the increase in port tariffs in Singapore on 1 January 1996, the following members of the Asian Feeder Discussion Group have no alternative but to revise the current Cost Recovery Charge (CRC)
      176 words