The Business Times, 12 January 1996
1996-01-12
1
46
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The Business Times
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Title Section13 1996-01-12 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE FRIDAY, JANUARY 12,1996 85c13 words
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Article64 1996-01-12 1 ff SID U ZMMt (+7.38) PI BTCOMP U 2227.43 (+9.95) mm 1106.72 (-0.05) B ■imTMoops Ifl Mixed nmrBdqr Cfcugt KLSE OOMP 1M&79 -U8 NIKKEI *****.92 -OiM HAND SENG 1M29.82.....+126.19 SET INDEX 1.169.66 +17J2 JAKARTA COUP—533.78 +114 MANILA OOMP sm.1t +6.2S TAIPEI WFI 4M2.6K +IU7 SEOULOOMP 883.96 -1.81 BOMBAY64 words
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Article70 1996-01-12 1 USJ St tw &»-.—i.m lu- LM4. 219S ON 0.097 .0.991 TP tW> lJGft m. ftjoi —tJ67 RXt 9.129 ft. 184 MOT .0.940 AftU ELTUH Hft 0.044 .ft.OC PUKE BATES 8WBAF0EE* .144 KlIALA LUMPUR. 8.15 UXAXtA 17.5# BANGKOK.... 1175 MAW LA 16.60 HONGKONG IN TAIPH AM SYDNEY 11.75 TOKYO 1M70 words
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Article, Illustration623 1996-01-12 1 Ho Kay Tat - Marian PM pats in perspective questions about 'economic rivalry' between the neighbours From Ho Kay Tat in Kuala Lumpur PRIME Minister Mahathir Mohamad said yesterday that some of the measures Malaysia is taking to strengthen its economy may affect Singapore, but that623 words
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Article, Illustration360 1996-01-12 1 Anthony Rowley - From Anthony Rowley in Tokyo THE Tokyo stock market yesterday delivered what was seen as an unfavourable verdict on Japan's new Cabinet line-up when the Nikkei-225 average ended 234.40 points or 1.14 per cent lower at 20,337.92 after being some 350360 words
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309 1996-01-12 1 Ven Sreenivasan - By Ven Sreenivasan [SINGAPORE] Singapore stocks shrugged off Wall Street's 97-point plunge overnight, lending credence to the argument that a correction in New York could benefit Asian equities. The Straits Times Industrials Index ended the day 7.38 points higher at 2,369.49 points, but not309 words
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Article, Illustration428 1996-01-12 1 William Chia - By' William Chia [SINGAPORE] Taiwanese electrical lighting king Tsai Sao Chang has acquired a 5 per cent stake in mainboard counter Amcol Holdings for $62.45 million a move that could trigger a takeover fight. Mr Tsai said yesterday he paid an averageSource: Bloomberg; JEN CHUA - 428 words
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Page 1 Advertisements
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Advertisement140 1996-01-12 1 KSIIIE, Stufards get tht chop The Institute of Certified Public Accountants of Singapore tells why it has rejected two international standards relating to extraordinary items and goodwill, Pf 2 Retail cutback Tangs Studio gives up one floor of its retail space at Ngee Ann City, **a CTWgTAMIB pg. Mr Prlbadi140 words
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Advertisement8 1996-01-12 1 Hashimoto picks SDP stalwart Kubo to weather jusenstorm,PgB8 words
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Advertisement39 1996-01-12 1 KL won't reschedule mega projects, Pg 5 and Malays! Available at PwWsk*lf Timet HrteiMe, Newsstands NTUC Supermarkets Caltex mmterel STOP PRESS kiosks 7 Eleven Mobil Times the Bookshop Cold Storage SPC Kinokuniya Shell BP MPH Esso Stofsport Press hoMtfs39 words
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SINGAPORE AT HOME & ABROAD
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668 1996-01-12 2 Catherine Ong - Some say Dot Mowing role on extraordinary items will pot STpore out of sync with world Byi Catherine Ong A PROPOSED international accounting standard on extraordinary items has been rejected by the Institute of Certified Public Accountants of Singapore (ICPAS) although some accountants668 words
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Article, Illustration727 1996-01-12 2 Jenny Lam - Galeriea Lafayette decides to dose both outlets By< Jenny Lam TANGS STUDIO has joined the list of victims hit by the current retail crunch. Sources told The Business Times that it has finalised an agreement with landlord Toshin Development toCHRIS LOH - 727 words
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Article, Illustration372 1996-01-12 2 Teh Hooi Ling - EYE ON THE ECONOMY Business climate By' Teh Hooi Ling HERE'S an encouraging sign: fewer companies and people went bust last year. The number of company wind-ing-up suits filed in 1995 fell 2 per cent to 309, from 314 the year before, figures obtained fromSource: - 372 words
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283 1996-01-12 2 Genevieve Cua - Group aims to inveto several thousand Singaporeans By* Genevieve Cua MOBILEONE aims to get "several thousand" Singaporeans to take part in its network trial to be held over six months, starting from November. A Mobile One spokesman said there will be no283 words
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Article129 1996-01-12 2 POUR new members have been appointed to the Board of Jurong Town Corporation. They are JTC chief executive officer Lim Neo Chia, Ministry of Defence director (Military Security) Col Lee Fook Sun, Member of Parliament for Tanglin and Banque Indosuez general manager Lew Syn Pau and129 words
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Article, Illustration356 1996-01-12 2 William Chia - By William Chia MALAYSIAN exhibitor Sumurwang Group, the organiser of the first ever Russian aerospace show in Malaysia, is keen to bring the exhibition to Singapore. Sumurwang chief executive Lim Kim Hong, a Malaysian entrepreneur who controlled listed Kanzen Bhd until he sold out his356 words
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198 1996-01-12 2 THE organiser of International Furniture Fair Singapore (IFFS'96) expects the event to ring up spot order sales of US$l9O million (*****.8 million), up 50 per cent from the amount registered last year. The number of trade visitors is expected to grow 25 per198 words
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207 1996-01-12 3 THE restructuring of Dun Bradstreet in the United States will not affect the business information services firm's Singapore operations. A spokesman for Dun Bradstreet (Singapore) told BT last night: "As far as we know, there will be no change in the operations207 words
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Article, Illustration381 1996-01-12 3 Genevieve Cua - EDB incentive award part of efforts to spar local enterprises to invest overseas By( Genevieve Cua LISTED Asia Pacific Breweries aims to invest at least $180 miUion over the next five years in its various breweries in the region, of which at least381 words
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447 1996-01-12 3 Chuang Peck Ming - MNCskeen to join hands in regional projects By i Chuang Peck Ming THERE will be more joint ventures between Singapore and multinational corporations this year, said a senior Economic Development Board official yesterday. EDB director of international business development Chua Talk Him said many447 words
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147 1996-01-12 3 US-BASED systems vendor Tandem Computers has appointed Sembawang Media a value-added reseller of its server and World Wide Web products in Singapore on a non-exclusive basis. SembMedia, which wants to grow its systems integration business, will sell complete Internet systems normally a combination of hardware147 words
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304 1996-01-12 3 Michelle Low - By] Michelle Low CITY Developments sold over 100 units out of 288 In phase three of Signature Park at Its soft launch yesterday. Analysts found the response heartening, especially since this phase was pitched at a net average of $770304 words
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Page 2 Advertisements
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Advertisement60 1996-01-12 2 lOFFERMANN HANDCRAFTED IN GERMANY >*" -9 CALF LEATHER WALLET, six credit card pockets, id card compartment. TWO SECRET POCKETS FOR SAFE DEPOSIT KEYS. NAME CARD HOLDER. TWO CURRENCY NOTES COMPARTMENTS. COINS COMPARTMENT. OFFERMANN MADE IN GERMANY SINCE 1842 290 ORCHARD ROAD, 01-26 PARAGON BY SOCO, SINCAPORE 0923. TEL: 733 1700.60 words
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Page 3 Advertisements
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Advertisement327 1996-01-12 3 >1 jci dtju With HP's range of scMners, you'll find one that's yoWcup of tea. -in m, HP ScanJet 4s hp Scanjet <c P3PST' I ,>.k W i' y Ttffiti iii iinlii •*> M^m JHIQII II yff HP Scanjet If you ve been looking for a scanner to suit your327 words
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FOCUS: ADVERTISING & MARKETING
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Article, Illustration507 1996-01-12 4 Chan Siew Ling - Children are brand conscious and have strong preferences, a survey shows By< Chan Siew Ling [SINGAPORE] WHEN it comes to clothes, kids' stuff is no longer child's play. Image-con-scious children are preferring trendy branded goods, thank you very much. A recent507 words
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Article, Illustration492 1996-01-12 4 Agnes Wee - More and bigger shows expected to boost turnover By, Agnes Wee [SINGAPORE] Professional exhibition organisers are expecting a stellar year with bigger shows and rising turnover. An added plus is that as this is an even-number year, many biennial shows will be held, and these492 words
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Article290 1996-01-12 4 [SINGAPORE] Singaporebased multinational Dentsu, Young Rubicam (DY&R) has been appointed the Agency of Record (AOR) for PepsiCo Foods International (PFI) across the Asia-Pacific region. Fees and billings were not disclosed. DY&R is the first advertising agency in this region to receive a regional assignment fTom PFI.290 words
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Article35 1996-01-12 4 B 1 1? ||fc 5*** SirwSlwSi"* nZw!T JEST* tSS 1 Jm+19 OfMoraTnat StarUn Ma Mm» Foraa im SwmiCwfcrmi Tan te 227-4772 •996 Coafcrwct oa MrtnA kSSSm* AcSmr Jm»2t SnrtCvUMi'N OrtwW JJJJJi,, M3«%Z Source:35 words
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COPY Lines
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Article51 1996-01-12 4 [SINGAPORE] The Direct Marketing Association of Singapore (DMAS) yesterday introduced a revised code of practice to tighten acceptable practices among number companies. The Consumer Association of Singapore, which works cloeely with DMAS, ah» hopes to set up an umbrella unit to improve the standard of51 words
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Article70 1996-01-12 4 [SINGAPORE] Ttta managing director ofLeo Burnett month, lis will be taking up regional raaponsihfflfiaa to aggwanwp more ooapweiiwrint company, men as PuiMing up a recently won account with American PC firm Packard c BaH Mr Banks will be succeeded by the managing diretter of Leo70 words
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Article47 1996-01-12 4 [SINGAPORE] Executives seeking insists into turning i aroundailing companies will be well catered irwttha r ?'i conference organised by the Marketing Institute of Singapore to beheld today. MlkeTeng, a well-known speaker and managing director of aPS muftlwatinnal company here, will share his hande-on experiences.47 words
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Article42 1996-01-12 4 [SINGAPORE] Sony Singapore has booted the entire <rfl»t>lkT Hal—as part of a year-long advertising VbtL One train runs oil the NWline, while the other is on the EW line. Thecamwiign hit the tracks laat lWMlfc-' V-frr* ♦*1342 words
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Article50 1996-01-12 4 [SlNGAPORE]Marketeers andaflmtliligigeiM tajlwro\'A willbe able tofkA out more aboutprint and ratio 1 audiences across the Causeway ina talk to be held next Thursday. It la being hosted by Utusan Media and preeoited by Survey Reeearch of Malaysia at the Singapore Royal Holiday Inn Crowne Plasa.50 words
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Article46 1996-01-12 4 [SINGAPORE] The public and members of the Singapore j Institute of Management (SIM) can now, at the elicit of a mouse, call up information about the aervfcee that the institute offers via the Internet The SIM World Wide Web address is http://www.sinLac.sg/.46 words
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Page 4 Advertisements
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Advertisement38 1996-01-12 4 up to 60% off now till Jan 24 isetan scotts (level 4) isetan katong (level 2) isetan tampines (level 2) HI pure simple and pastel designs. t SKSSm!9^> CARPET COLLECTIBLES Handmade using techniques that are centuries old IgDHgB38 words
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Advertisement69 1996-01-12 4 The Art of I Chinese Imperial Style Hardwood Furniture ON EXHIBITION Dit" iv t V 1 I'M HUA SHI FINE ART GALLERY c 1 P t: '1 P p-ato I Exhibits includc: <"> '11 1 1.1 IV. r 1 Ml'< Iv.-t mi! I nil! HT't Ai- "S *i< >i, (i!69 words
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Advertisement147 1996-01-12 4 (JDRDnMK Add a new, profitable, prestigious and elegant line onto your establishment. Owner of specialised handcrafted unique crystal artpieces from Italy viz Violin, Pi-pa, Treasure Bowl and many more designs and 24K gold series crystal products amounting to approx. *****,000 is keen to seek partner for exhibition and subsequently distribution147 words
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SOUTH-EAST ASIA
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Article, Illustration496 1996-01-12 5 Ho Kay Tat - KUALA LUMPUR Mahathir says no need to slow economy or nae rates to narrow current account deficit Byl Ho Kay Tat MALAYSIA will not reschedule any of its mega projects as suggested by some economists because they are not a major cause of the country's496 words
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NOTE Book
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76 1996-01-12 5 AFP [HANOI] The Vietnamese government has authorised tne southern hub ofHo Chi Minh City to evaluate and license foreign investment projects worth less than US$2O million <5t28.4 million), a report said yesterday. The city would be guided by representatives of the Ministry tfPlanningandAFP - 76 words
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57 1996-01-12 5 Bloomberg Business News (MANILA] Investment in Subic Bay, a former US naval base transformed into an export and tourism zone, more than doubled to U*****.9 million <*****. lmillion) in 1906. Subic Bay Metropolitan Authority said that figure was 116 per cent more than the U*****.2Bloomberg Business News - 57 words
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77 1996-01-12 5 Bernama [PENANG] Former Supreme Court Judge Eusoffb Abdoolcader was found dead with gunshot wounds in his house here yesterday. Georgetown CID chief Supt Ibrahim Abdul Rahman said the booy was found in hia room at 4pm. Eusoffe was suspended with four other Supreme Court judgesBernama - 77 words
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Article196 1996-01-12 5 KUALA LUMPUR AFP MALAYSIA'S civil servants have rejected a Ms 2 billion (SII.I billion) government offer Of wage increases for 1996 in protest against the way pay rises will be distributed, union officials said yesterday. Key officials of the Congress of Unions of Employees inAFP - 196 words
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142 1996-01-12 5 JAKARTA AFP INDONESIA'S President Suharto called on foreign and publicly-listed companies to donate 2 per cent of their profits to state-run poverty alleviation programmes, a press report said here yesterday. "All companies, including those which are publiclylisted and foreign-owned, are urged toAFP - 142 words
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304 1996-01-12 5 Paul Leo - SINGAPORE By] Paul Leo THE Malaysian ringgit closed unchanged against the US dollar in Asia yesterday but only after volatile trading throughout the day. The Malaysian unit rose 1.3 sen to a high of M 52.5435 against the greenback at the opening of Asian trading304 words
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137 1996-01-12 5 JAKARTA Reuter INDONESIAN President Suharto has acknowledged his administration is not without faults or weaknesses and said he is willing to be corrected, the Jakarta Post newspaper reported yesterday. "We have to admit that there are quite a lot of shortcomingsReuter - 137 words
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Page 5 Advertisements
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Advertisement213 1996-01-12 5 Lunch Tote #4068 $265 T'xlO'xV Metro Tote *4066 $535 Prescott Brief #5275 $695 17 Vi" x 14 x 4•/«" I 16" x 10 x 3 Loacn. An American Legacy. In the legacy began New York handcrafting a of fine i natural leathergoods. To this day, ('M every product is made213 words
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Advertisement7 1996-01-12 5 hilwiwii'i problems of plenty: Editorial, Pg 107 words
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Page 6 Advertisements
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Advertisement37 1996-01-12 6 A Man's World .J -i. I OF EXCLUSIVE CLASSICS -l AT SUNTEC CITY MALL OFFICIAL OPENING TODAY AT 6PM r?i «L SUNTEC CITY MALL THE GALLERIA 01-049 TEMASEK BOULEVARD SINGAPORE *****3 FOR ENQUIRIES CALL 65 337 790637 words
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CHINA-HONGKONG-TAIWAN
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SINO Brief
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77 1996-01-12 7 Reuter [BEIJING] China's retail price inflation will be 6 per cent this year compared to 14.8 per centin 1996, a research institute under the State Planning Commission said. Inflation will rise by an annual 5 per cent in the first half of 1996Reuter - 77 words
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56 1996-01-12 7 UPI [BEUING] China's Shandong province has ordered 100 factories to close down within two years In a move aimed at cleaning up the severly polluted waterways, the China Daily said yesterday. Another 200 marked for inspection also fece the threat of a shutdown, throwingUPI - 56 words
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Article58 1996-01-12 7 Reuter [TAlPElhTaiwan Vice-President Li Yuan-m left tor Guatemala yesterday with a planned stopover in the US, which has upset China. Mr Li, who is going for the inauguration erf the Guatemalan president on Jan 14, was due to land in Los Angeles for aReuter - 58 words
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Article61 1996-01-12 7 Bloomberg Business News (SHANGHAI] China s special economic zones will lose some of their tax privileges over the neoct five years, the Shanghai Securities newspaper said. Liu Xiaohua, head of the State Council's office overseeing the zonae, BaJd<iuotas for duty-free imports of capital equipmentBloomberg Business News - 61 words
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192 1996-01-12 7 BEIJING Reuter CHINA'S National People's Congress, or parliament, is expected to pass a badly needed securities law in 1996, the China Daily said yesterday. A draft of the law is to be submitted to parliament for review and "hopefully will get aReuter - 192 words
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356 1996-01-12 7 BEIJING But no rethink on after handover or keeping out Patten Bloomberg Business News AFP THE Chinese government said it supports the construction of a new US$l.2 billion (511.7 billion) container terminal in Hongkong. "China is positive on the issue," said foreignBloomberg Business News; AFP - 356 words
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181 1996-01-12 7 HONGKONG AFP REPORTS of Hongkong's demise are "greatly exaggerated", the new chairman of the American Chamber of Commerce in Hongkong said yesterday, although unresolved issues on the territory's handover to China were causing US businesses concern. "Hongkong certainly has problems current andAFP - 181 words
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Article, Illustration48 1996-01-12 7 [BEIJING] British Foreign Secretary Malcolm Rifkind taking some time out for a visit to the Great Wall yesterday. He is in the Chinese capital for turn days of talks, focusing mainly on the handover of Hongkong to China in 1997. REUTERREUTER - 48 words
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Article145 1996-01-12 7 HONGKONG AFP THE Hongkong government released a handbook yesterday on the territory's post-1997 constitution in a bid to promote public understanding of the Basic Law before China's takeover in July next year. Entitled "Introduction to the Basic Law" a mini-con-stitution promulgated by Beijing to serveAFP - 145 words
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207 1996-01-12 7 BEIJING Reuter CHINA'S graft busters hailed unprecedented successes in 1995 and said yesterday new tough action in 1996 would include an order to all leaders of party and government to reveal their assets and spending plans. "We dare to say that last year we haveReuter - 207 words
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Page 7 Advertisements
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Advertisement128 1996-01-12 7 A showroom sale .aap DrexelHa liang court store Heritage level 3 less 30%-50% Rug barn from USA $115 H IV B table $429 If H Hand-crafted j jp ethnic terracotta vase I China $8,240 I I cart I I Server, sideboard, sofa ace available. I Cushion cover auntl «00l A128 words
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ASIA
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Article, Illustration530 1996-01-12 8 Anthony Rowley - TOKYO Opposition Shinshinto may force new govt to seek a mandate on bailout scheme By Anthony Rowley RYUTARO Hashimoto, who is widely expected to bring a bold and aggressive new style to Japanese politics, was formally elected Prime Minister yesterday. ButREUTER - 530 words
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Article127 1996-01-12 8 SEOUL Bernama [SEOUL] North Korea may open the port of Chongjin as a free trade zone in the near future in an effort to attract foreign investment to the RajinSonbong free economy and trade zone, business sources said yesterday. The sources, who askedBernama - 127 words
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172 1996-01-12 8 TOKYO AFP BANK of Japan governor Yasuo Matsushita has indicated that the central bank's discount rate, now at a historic low of 0.5 per cent, will rise but not in the immediate future, a newspaper said yesterday. "Since the rate cut,AFP - 172 words
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200 1996-01-12 8 SYDNEY Reuter [SYDNEY] Continuing strength in Australian employment, against expectations of a slowdown, dashed hopes of a near-term rate cut, but were still good news for a government heading to the polls in the first half of 1996, analysts said yesterday. AReuter - 200 words
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243 1996-01-12 8 NEW DELHI Fereign investment policies against nation's interests, says opposition party AFP A LEADER of India's main opposition party has threatened to change the country's freemarket policies if it takes power in general elections this year, the Press Trust ofAFP - 243 words
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184 1996-01-12 8 CANBERRA Reuter PRIME Minister Paul Keating would push an Australian company's bid for a As 3 billion (553.2 billion) navy patrol vessel project in talks with Malaysian leader Mahathir Mohamad next week, a government source said yesterday. Canberra has been supportingReuter - 184 words
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ASIA Notes
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Article18 1996-01-12 8 Reuter ;-y-> N* frndifffUHl on w rhfowi tnAnr > M PTOWBl»IOt» 'I itsal?& fReuter - 18 words
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13 1996-01-12 8 Reuter its September survey. C «w!£r iReuter - 13 words
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40 1996-01-12 8 Bloomberg Business News [SEOUL] The South Korean government said derefulatkHi ted to a record US$l.9 bilUon(S92.7bUtton) in foreign direct inveetment last year The value of direct Investment in 1986 went up percent (hm theBloomberg Business News - 40 words
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Page 8 Advertisements
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Advertisement107 1996-01-12 8 How to keep in touch with the latestjapanesebtfisiness news. <* riii'iTiii r'lii! ii TI 1.1, V *Pl«r*Mtesr FnM*«<Opta» in tiLfi, b stsas!: imSio^-iv^iad^ Wfrrnt fiftrtHnafr rwi rurt I rcwedpi Tmthm* m mmmtf p i )j t i \'*4% 1 -'}1 l|3fe V i J V^yK^^k, ••<.'s] ;7 /ill iHR -j^^Br107 words
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Advertisement182 1996-01-12 8 A DEVELOPMENT PROGRAMME FOR EXECUTIVES The Certified Diploma in Accounting and Finance (CDAF) is a post-graduate level Qualification which is offered by the Chartered Association of Certified Accountants (United Kingdom). The CDAF is an internationally recognised management programme which teaches executives from non-accounting backgrounds, the accounting and financial skills needed182 words
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THE WORLD
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Article, Illustration742 1996-01-12 9 Kevin Sullivan - WORLD VIEW Economic crises can be caused by bananas as well as by huge projects By Kevin Sullivan RUMOURS circulated on Tuesday that Eurotunnel, the French-British consortium which operates the channel tunnel and owes a cool £8 billion (5517.6 billion) to 225 anxious banks around the world, was742 words
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WORLD Watch
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Article74 1996-01-12 9 AFP O f flX)NDON] US Senator Bob Dole is holding secret talks Mrith General Colin Powell on a Joint Republican presidential ticket that would give Mr Powell, as vVice-president, broad new powers in defence and foreign < policy. Fereign Report, part of the Jane's Defence group, bt yesterdayAFP - 74 words
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Article80 1996-01-12 9 Reuter [BRUSSELS] Nearly 40 per cent of the European Union's citizens believe the economic climate in their countries will deteriorate this year, a survey showed yesterday. Polling conducted across the 15-nation bloc by the European Commission in the last three months of last year showed 39Reuter - 80 words
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80 1996-01-12 9 Bloomberg Business News [WASHINGTON! They call themselves "Blue Dog" Democrats. They're 22 fiscally conservative House members, mainly from the south and west. They're the best —and perhaps last—hope to break the budget impasse between President Bill Clinton and Republican congressional leaders. To end theBloomberg Business News - 80 words
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Article41 1996-01-12 9 AFP [GAZA] Visitors to PLO bead Yasser Arafat's headquarters must now leave their cellular phones far from the door, phone that was booby-trapped. Journalists yesterday said that guards demanded they and other visitors leave their dStsssEsasfisstt*AFP - 41 words
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Article76 1996-01-12 9 Reuter [LONDON] Beleaguered British Prime Minister John Major received more bad news yesterday when an opinion poll showed his ruling Conservative Party had slumped in popularity following a recent defection. The poll, published in the Guardian newspaper, said backing for the Conservatives in January had fallenReuter - 76 words
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123 1996-01-12 9 NEW YORK Reuter US FEDERAL Reserve Board vice-chairman Alan Blinder has said that the US central bank must bring real interest rates to neutral levels to allow the economy to grow. "Holding the nominal interest rate fixed while the inflation rate is changingReuter - 123 words
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258 1996-01-12 9 WASHINGTON Bloomberg Business News ECONOMIC forecasters, deprived of government indicators, say private industry reports, stock and raw materials prices and other data are signalling that the US economy may be losing steam fast. "There's a slowdown in the economy, just like official figures wouldBloomberg Business News - 258 words
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225 1996-01-12 9 PARIS AFP IN a steady drizzle that mirrored the mood of the day, France yesterday bid farewell to former president Francois Mitterrand in two simultaneous, but starkly contrasting requiems. In the splendour of Paris' Notre Dame cathedral, world leaders gathered for a memorial mass toAFP - 225 words
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369 1996-01-12 9 WASHINGTON Clinton to address nation as Dole hopes market reaction will help a deal Bloomberg Business News PRESIDENT BUI Clinton was to address the nation in a televised speech yesterday afternoon, a day after pessimistic comments by federal budget negotiators helped send US financialBloomberg Business News - 369 words
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245 1996-01-12 9 WIESBADEN, Germany Reuter THE German economy slowed sharply in 1995 with gross domestic product (GDP) rising just 1.9 per cent after 2.9 per cent in 1994, according to preliminary government data released yesterday. The Federal Statistics Office said west German GDPReuter - 245 words
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Page 9 Advertisements
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Advertisement45 1996-01-12 9 i i I I j I it no surprise that our staff know the names of our guests. They keep coming bach. THE ORIENTAL SINGAPORE sm I I I The Oriental, Singapore, 5 Raffles Avenue, Marina Square, Singapore *****7. Telephone: (65) *****66. Facsimile: (65) *****3745 words
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Advertisement62 1996-01-12 9 I OT Christofle Paris B| Pavilion Christofle The Shopping Gallery, #02-11/12 Hilton International Singapore, 581 Orchard Road, Singapore 0923. Tel 733 7257. Espace Christofle: Robiosoas 176 Orchard Road, Level 4, Centrepoint, Singapore 0923. l»etan Scotts Level 4,350 Orchard Road, Shaw House, Singapore 0922. Takaskiaaya Singapore Basement 2,391 Orchard Road, Singapore62 words
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EDITORIAL & OPINION
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Article, Illustration825 1996-01-12 10 Ong Wee Hock - THE BOTTOM LIMB OPINION By Ong Wee Hock The writer was with the Economic Development Board for more than 15 yean and last worked as general manager of CSA Holdings SINGAPORE officially became a developed nation on Jan 1. Yet, there was no celebration on825 words
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Article134 1996-01-12 10 'You have a power rate hike, a water rate hike, a possible wage hike and even a postal rate increase. Combined, these fuel fears of inflation.' -Connul Andres research director of DBP-Daiwa Securities Philippines. Philippine stocks fell on these inflation concerns. 'Nintendo is strong on the back134 words
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Article519 1996-01-12 10 EDITORIAL INDONESIAN President Suharto is not a man given to using hyperbole in his public pronouncements. That is precisely why economists are sitting up and taking notice of the president's budget speech to Parliament last week It was characterised by usual bluntness as Mr Suharto warned519 words
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Article, Illustration1081 1996-01-12 10 Leon Hadar - US investors expect the good times to roil on Irat some brave voices warn that not all is weO By] Leon Hadar The writer is BT's Washington correspondent A BLIZZARD in the north-east of the United States forced the shutdown of Wall Street and the federal1,081 words
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Article812 1996-01-12 10 RnrMMMkrOBP WHEN Congress and the White House finally put aside their bickering over the budget and reopen the government, one of the first things the Commerce Department will do is issue sweeping changes to its flagship measure of economic performance, gross domestic product. The new data812 words
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Page 10 Miscellaneous
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Miscellaneous30 1996-01-12 10 POOMEgBORYIft/ Gary Trudeau N£XT UP- GRAZING RJGHIS! (UfH-rrHERE MR. i FROM VALUtPAT ffOA MOH7H PER QOI SPEAKER! MEANP I■. CORPORATE COHJPOYS. 1 ACRB, TP UKBTOOPENTHB HEAR fug. fjotfu. SE£ J30 words
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EXECUTIVE LIFESTYLE
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CHATTER Box
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Article81 1996-01-12 11 AFP HOLLYWOOD'S hottest martial arts expert, Belgium's Jean Claude Van Damme, has received praise of sorts from unexpected quarters. Zsa Zsa Gabor says she considers Van Damme the sexiest of men. "It could be his European accent. Then again, it could be hisAFP - 81 words
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Article, Illustration133 1996-01-12 11 ,;tyISE-CRACKJNG, fjpr.p»fflng George Burns, who has entertained audiences In every form of show business this century from vaudeville to television and f Jfloviee, turns 100 years old on Jan 20, too frail to fulfil his dream of performing at the London Palladium or Dalaaa 4nT A133 words
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62 1996-01-12 11 AFP COUNTRY singer Wayne Newton celebrated his 25,000 th performance on Tuesday in Las Vegas, where he began in 1960, with a six-night stand at the Desert Inn. "I wanted to be a man who dares to dream and pursue tt using my head tor myselfAFP - 62 words
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Article, Illustration44 1996-01-12 11 Reuter THE stars and director of the new film Once Upon A Time When We Were Colored poeing together at the film's /wemiere In Loe Angeles on Tuesday. (From left) Richard Roundtree, Phylicia Rashad, Leon and director/producer Tim Reid. Reuter nryReuter - 44 words
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Article672 1996-01-12 11 David Gabriel - WINE w David Gabriel THE Cabernet Sauvignon has flourished in America, where winemakers are producing some excellent, fruity and moderately-priced wines. What struck our depleted panel of three, as two of the ladies were away on holiday, was how similar to the Australian wines the American Cabernet672 words
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Article, Illustration496 1996-01-12 11 SALLY CUMMINGS - US balloonist forced to land two days after lift off. sally cuKamras reports SALLY CUMMINGS Reuter AN ATTEMPT by a millionaire soybean trader to circle the globe in a balloon ended abruptly on Wednesday when he made a forced landing inReuter - 496 words
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381 1996-01-12 11 John Lui - INTERNET By John Lui John Lui (johnlui @singnet. com.sg) provides computer support in Singapore Press Holdings DECEMBER last year was a strange month for Singapore Internet users. Long used to the indifference of access providers Singnet and Pacific Internet (formerly known as Technet), they381 words
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Article, Illustration290 1996-01-12 12 CARTOONS UPI [BEIJING] Determined to create cartoon models appealing to Chinese youngsters, television artists said yesterday they are finishing a series based on China's 10 most outstanding Young Pioneers to compete with popular US and Japanese programmes. While children are dazzled by the imaginative importsUPI - 290 words
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205 1996-01-12 12 BEVERAGES Reuter [LONDON] Britain's drinks industry has agreed to tighter curbs on alcoholic lemonades and colas blamed for a rise in under-age drinking. A string of new "alcopops" have been a major marketing success in Britain with the market leader, Hooper's Hooch AlcoholicReuter - 205 words
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Article, Illustration691 1996-01-12 14 DISCRIMINATION Should employers bear the burden of fighting prejudice against ugly people? NYT [NEW YORK] Is prejudice in hiring ever justified? Most Americans agree that discrimination on racial, sexual or religious grounds is wrong. But what about against people who just happen to beNYT - 691 words
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Article, Illustration951 1996-01-12 14 Toh Han Shih - CULTURE International festival is testimony to Cambodia's revival By 1 Toh Han Shih IN THE light and shadows of an ancient temple, a haunting beauty approaches while a demon emerges from the dark. The unreal becomes real. Against the background of ancient towers, dancers in colourfulTOH HAN SHIH - 951 words
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Article, Illustration314 1996-01-12 14 m TENNIS World No 5 feels disadvantaged by mall AFP [SYDNEY] Japan's Kimiko Date said yesterday she was just not strong enough to compete against the top players, and that she believed her slight build would limit her tennis career. > TheAFP - 314 words
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189 1996-01-12 14 FILM AFP [STOCKHOLM] American film director Martin Scorsese is fuming at Swedish censorship authorities who want to cut two violent scenes from his latest movie Casino, the Swedish daily Dagens Nyheter (DN) said yesterday. Scorsese has written a letter to the country's Supreme Administrative Court askingAFP - 189 words
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Page 11 Advertisements
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Advertisement168 1996-01-12 11 BUSINESS TIMES TOLL-FREE TEL. No. 1-BQO-741-1883« FAX: 741-1298 1 I <xF L HSBC Investment Bank Asia Limited I Member HSBC Group I r )f Singapore Branch invites applications for the following position: J The successful candidate should: fl have a recognised university Degree H have at least 3-5 years' international168 words
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Advertisement343 1996-01-12 11 g The Wickham Collection Innovative investment opportunities in Brisbane Australia's CBD properties. TnvyßiMtr. T" m>LBWPiu.4 X Test led into the side of a quiet hill ,s. -LN overlooking the Brisbane River and Queensland University, is ROSECUFFE on townhouses, together with the refreshing cool breezes, and the convenience this «M I343 words
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Page 12 Advertisements
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Advertisement385 1996-01-12 12 f{7o unnan vou can dine on our wide offerings of Cantonese cuisine, HunarvSichuan, Hong Kong Tim Sum, Seafood or Yunnan Garden Restaurant B2 Jurong East Street 21 #05-01 (IMM Building) Singapore *****1 Tel: 568 2228; Fax: 568 2231 I SHANGHAI SPECIALITIES ""ml P |k|a|kli iij tl Fittt I Ja.te** IkiWM385 words
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Advertisement163 1996-01-12 12 Wm House Restaurant 3E River Valley Road #01-09/11 Claric Quay Singapore V Tel: *****83 Shark's Fin Lobster Special (WFria; $688 Now: $338 for lOpenom or $33J8Q per pax (min. 4 persona) Menu: Shark's Rn Soup, Steamed live LotMer With Wine, Tudapia, Scallops Whh Fruits, t\xk Spare Rita With Champagne, Fresh163 words
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Advertisement176 1996-01-12 12 We've Stretched Our Serving Hours for T U N C H "lunch" is the best for lunch and high tea rolled into one. Which means longer serving hours and even more scrumptious spreads. .1 Saturday, Sunday Public Holiday "Tunch" 12 noon 5 pm 13.80 (Adult) $9.80 (Child) Tunch Karaoke" 3176 words
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Advertisement177 1996-01-12 12 |T-T j I Where bring I Singa Inn, of course! Singapore's largest outdoor j seafood restaurant offers you the opportunity to dine under the stars and enjoy the cool sea breeze at the same time! SIRSp \¥fi seafood restaurant I 920 East Coast Parkway, Siagapore 1544. Tel: 345 1111 JJ*J177 words
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Advertisement108 1996-01-12 12 V— s*i I fancy 'Beijing?. I I I Then, wt'rtdtQgkuita suggest tfu fine Court for omomorMttimkyttyerkma. Our tumck am offers vuriettf of 41m 3(lm lltifiwg AuUfOllgt, < SeU&iO*l of set uuuus, end 'Beijing sptciofitits |f Hiijity) Tfnri mmd MarinatedLomb. Jomcm tome mmf CHINESE RESTAURANT- t i i r I [_J108 words
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Page 13 Advertisements
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Advertisement145 1996-01-12 13 Where to wine, dine and entertain f /ufi* house PORRIDGE TREATS FOR SUPPER l 'MHSnM ADULT $11.00+++ CHILD $7.oo*++ Sunday to Friday: 10.00pm to 3.00 am Saturday and Eve of Public Holidays 10.00pm to 4.00 am Ala-Carte available for tapper APOLLO HOTEL MKOTW mimm: ;wm nux; n >wn cm «ouo145 words
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Advertisement108 1996-01-12 13 Well done, medium or rare. U.S. T-Bone Steaks you can really sink your teeth into. The Huhertus Grill U.S. T-Bones Steak Promotion at the ANA Hotel, perfect (or lunch or if you prefer, after dark. A ANA HOTEL SINGAPORE 16 NiMim Hifl, Smppor. 25M67. "U 732 1113/236 6660 ft. 236108 words
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Advertisement107 1996-01-12 13 CAFEITjORA Fond of Fondues If you have a fondness for &tfss fondues. i then try an array of fondues together wtth our freely prepared sauces. Cheete Fondue $25 person Meat Fondue $36 person i A I, a -j-i-L. -ii -./»I -i£- n 1. J^J| (CMC# Or JWHMfKM) Of Dom, CfvCKW)107 words
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Advertisement119 1996-01-12 13 Jr% a Jli—ry__ slngapqre BUSINESS -< I •< *V* Specg Promotion [i I®r jWTfTTTTWBI I junre'owrinte WaHj Spocial promotion price: $28 pof portion Daily Lunch Mectad Tim Sum Special at $1.80 per ptste Sun NewHrtaCourt Start's (fa ml Sofood teUum* 20 taeniae Rd(off Kftry Rd) #01-01 Devomfe Bukfag. Sb«fK 23*»Td:119 words
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Advertisement176 1996-01-12 13 Fancy a satisfying meal that is worth your evwy cent? Itecn tiy oar Executive Set Lunch now I Our range of menu caters for 2-4 pw. S-7pmmd ■p»~^jEyCpt 3-10 p» Sh»ri»fln In Cbypot Mftiole Bratoed AMom Junior Steamed Live Red Tilapia THal Style &>Mted Chicken in That Herfc» Thai Styie176 words
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Page 13 Miscellaneous
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Miscellaneous707 1996-01-12 13 TVARAPIO ■mmhhhmmmwmh ue Work! of Nursery Tales. OB Friday Prayer. 7jN Good Morning Singapore. IjM PentasJumaat 330 AM M.O.G. as Seen on TV mo Story from the East. 330 SinarZaman. Show. m Casper the and 433 Perdana Menteri bersa tt®o Close. Friends. ma Ke Arah Kecemerlan LOO PM M.O.G. as707 words
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Miscellaneous234 1996-01-12 13 UKVPTIU CROSSWORD 1 Sidesman emeritus initially putting a new version of the BBB^^B BB 9 Carrying disease that's spread- ■■f ■■j 10 Change anew from original diet Mil !<■ 13 An unhappy linesman's mood? S j I j IS Acid house party at home in the JBB— 17 Unexpected gift234 words
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COMPANIES & MARKETS
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417 1996-01-12 15 David Mok - Eej US indicator ptjltltolUfUflßT than expected fixture chip demand By David Mok [SINGAPORE] Most electronics stocks here recovered yesterday after the sector suffered a sharp fall a day earlier on fears of a slowdown in the US semiconductor industry. Analysts contacted by417 words
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323 1996-01-12 15 Florence Chong - Daikhiteb«y49% share intone entertainment firm Brash* for AslLBm From] Florence Chong in Sydney ONG Beng Seng's Hotel Properties Ltd (HPL) is diluting its holdings in the Australian home entertainment retailer Brashs Pty Ltd. It has agreed to sell 49 per cent to Daiichi323 words
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118 1996-01-12 15 Ivan Tan - LETTER TO THE EDITOR Ivan Tan, corporate communications officer, Singapore Telecom I REFER to yesterday's Hock Lock Slew "SingTel set to buy out some of its rivals in Philippines?" hi The Business Times Singapore Telecom's participation in the Philippines is solely through its investment in118 words
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Article, Illustration748 1996-01-12 15 Quak Hiang Whai - HOCK LOCK SBW By Quak Hiang Whai IS the current Hongkong rally in property stocks well grounded? In a matter of three weeks, the sectoral Hang Seng Property Index has risen by almost 10 per cent. But the euphoria that is748 words
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223 1996-01-12 15 [SINGAPORE] TO help set up its property division, Yeo Hiap Seng Ltd (YHS) has appointed Jenssen Lee Yuan Shin as vice-president of property development from the start of this year. YHS said yesterday that Mr Lee was formerly deputy chief project manager with223 words
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Article, Illustration411 1996-01-12 15 Ruth Wong - From\ Ruth Wong in Kuala Lumpur MALAYSIA'S Securities Commission (SC), keen to make infrastructure project companies (IPC) listings a success, will be strict in screening eligible companies. SC chairman Dr Munir Majid said yesterday that the intention of IPC listing, without a track411 words
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REGIONAL COMPANIES
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Article341 1996-01-12 16 Quak Hiang Whai - Joint venture with cooperative will kick-start Malaysia's fond management drive From* Quak Hiang Whai in Hongkong US-BASED Morgan Stanley yesterday signed a preliminary agreement with a Malaysian cooperative to set up a fund management unit in Kuala Lumpur kick-starting Malaysia's development as a fund341 words
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168 1996-01-12 16 Bernama [KUALA LUMPURJ Edaran Otomobil Nasional Bhd (EON) said the directive to its authorised dealers to direct 80 per cent of their hire purchase businesses to two finance companies under the group was on the basis of good commercial practice. This was for EON shareholders'Bernama - 168 words
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650 1996-01-12 16 William Chia - By William Chia [SINGAPORE] The total amount raised from initial public offers and rights issues on the Jakarta Stock Exchange (JSE) last year fell by 22.38 per cent to 9.40 trillion rupiah (555.82 billion) from 12.11 trillion rupiah in 1994.650 words
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119 1996-01-12 16 Reuter [MANILA] Power Page, a Philippine paging company, has set up a subsidiary with USbased MTel International Inc to operate a paging system that lets subscribers receive messages outside the country, the subsidiary Sky Tel said yesterday. In a letter to Transportation and CommunicationsReuter - 119 words
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288 1996-01-12 16 Vehicle used is up to management buyout timnr offtoial AFP [KUALA LUMPUR] The Malaysian government has approved a management buyout plan to privatise state-owned trading corporation Perbadanan Nasional Bhd (Pernas), a top official said yesterday. "The Pernas management buyout has been approved. TheAFP - 288 words
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98 1996-01-12 16 Reuter [KUALA LUMPUR] Telekom Malaysia Bhd raised its stake in Penang Shipbuilding Construction Industries Bhd (PSCI) to 11.96 per cent as of Dec 29, it said yesterday. Its stake in PSCI stood at 4.738 million at that date after it acquired 938,000 shares throughReuter - 98 words
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266 1996-01-12 16 AFP [MANILA] Philippine Airlines announced yesterday it had signed agreements to acquire 36 aircraft from Boeing Co and Airbus Industrie for about US$3 billion (554.3 billion). The airline said it had wrapped up a financing deal on the first, a Boeing 747-400, withAFP - 266 words
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253 1996-01-12 16 [SINGAPORE] Property group Tuan Sing Holdings and its subsidiary SPP have updated the Stock Exchange of Singapore on the status of the proceeds raised in a rights issue more than a year ago (November 1994). As at end-November 1995, Tuan Sing had used253 words
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137 1996-01-12 16 Bloomberg Business News [BANGKOK] Unicord pic shares rose 0.2 baht to 3 baht, as the financially ailing tuna canner said it expected to "reach a conclusion" this month with its creditors regarding the company's future. Trading in Unicord was halted for theBloomberg Business News - 137 words
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COMPANY Briefs
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Article60 1996-01-12 16 iranamarco said yesterday that Sabre Development Sdnßhd would be sold to Pan Global Properties Sdnßhd tor not more than MS«JS million (5136.8S million). The sale is slated to be completed to July, following an agreement struck on Jan B.Babrs Development is a property firm60 words
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Article49 1996-01-12 16 [SINGAPOfUfIWBL Corporation has fbrmed a 75 per cent owned subsidiary, Chen«rtuWearneeUEST Co, in China to research, develop and produce bioeleetronic products tor the domestic market The University of Electronic Bdence andTechnotogy<rfChinaownatheremainlnf»percent Tbejolnt venture will have an initial paid-up capital of 16 million renminbi (812.5 million).49 words
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Article57 1996-01-12 16 [SINGAPORE] Uraco Holding* has takan control of Maxplas Singapore Pte Ltd, a thermoplastic synthetic yesterday tt bad bought 1.04 million tl par value Maxplas ;M sharw for 1806,000. With the acquisition, Uraco now owns per cent if operations manager Willy Koh exercises an option to57 words
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496 1996-01-12 17 Quak Hiang Whai - Hang Long group seen as front runner for HKs4ob development From' Quak Hiang Whai in Hongkong [HONGKONG] With one day to the close of tender for the HK$4O billion (Ss7-35 billion) airport-railway station property project in Central, the market is abuzz496 words
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107 1996-01-12 17 Bloomberg Business News, AFP [HONGKONG! Shares of Hongkong developer Hopewell Holdings Ltd rose 6.06 per cent after it said it planned to restructure operations. Hopewell, which ran into trouble building roads and power plants across Asia, wants to revamp its businesses within aBloomberg Business News,; AFP - 107 words
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Article, Illustration246 1996-01-12 17 AFP [TAIPEI] Computer giant Acer Group is planning to shift its global telecommunications centre here to either Hongkong or Hawaii because of the costly and controlled telecommunications environment on the island, China Times said yesterday. The paper quoted Acer group chairman Stan ShihAFP - 246 words
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425 1996-01-12 17 Company says it is interested In baying one of its competitors Bloomberg Business News [MANILA] Smart Communications Inc said it's interested in buying one of its competitors this year, which could be the first of several mergers in the Philippines' telecommunications industry.Bloomberg Business News - 425 words
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INTERNATIONAL COMPANIES
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368 1996-01-12 18 Company blames price pressures, plans restructuring Reuter [LOS ANGELES] Apple Computer Inc, citing fierce competition in the personal computer market, stunned investors on Wednesday with news that it would post a US$6B million (5596.7 million) operating loss in the first quarter andReuter - 368 words
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Article270 1996-01-12 18 Knight-Ridder [LONDON] British Petroleum pic (BP) has announced a major restructuring of its worldwide refining system. It will shut down three of its refineries and significantly cut its overall refining capacity. The aim is to create a global network of plants that are among the mostKnight-Ridder - 270 words
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162 1996-01-12 18 Reuter [LONDON] British-based conglomerate Lonrho pic said yesterday it plans to list its mining assets as a separate company and said more measures were in the pipeline to streamline its business and unlock shareholder value. The company also reported that pre-tax profit in theReuter - 162 words
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FINANCE & COMMODITIES
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Article, Illustration444 1996-01-12 19 Rifle sparked partly by speculators' temporary flight from stocks, bonds NYT (NEW YORK] The price of gold rose above US$4OO (Sss6B) an ounce for the first time in nearly two-and-a-half years on Wednesday, pushed higher in part by speculative demandNYT; Source: Bloomberg; JEN CHUA - 444 words
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230 1996-01-12 19 Bloomberg Business News [BEIJING] Chinese central bankers gather in Beijing this weekend to decide whether to loosen lending controls that helped push four out of 10 state companies into the red. Yang Xiaolu, chief economist at China's State Development Bank, said the annualBloomberg Business News - 230 words
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568 1996-01-12 19 Reuter World rice prices began the New Year on an upward trend lifted by strong global demand, limited supply from Thailand, the largest exporter, and on delays to Indian shipments caused by heavy port congestion. Thai rice prices have gradually Armed up inReuter - 568 words
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349 1996-01-12 19 Siow Li Sen - By\ Siow Li Sen [SINGAPORE] Singapore banks are rich and well-con-trolled but boring while private Indonesian banks are exciting but potential minefields, says an executive of a bank rating agency. Somewhat in between are Thai banks which, although highly profitable, could be349 words
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292 1996-01-12 19 ENERGY REPORT Reuter [LONDON] Oil prices turned sharply lower yesterday as the market retreated from the heady gains made early in the week in anticipation of warmer US weather. World benchmark Brent blend crude futures for February delivery were downReuter - 292 words
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Article, Illustration1132 1996-01-12 19 IMHgtBAMK CUEREWCT RATB8 ipm.jan,, >l>U|t m Aaahttt m** W|W| it HM CwtwkIw 8M Off" flBr Umtto M Offar IM Offar in i I ttiQM ma w t»y ai« t.i-ra M ft«Kft*N« 28.8875 28.9196 4.9195 4.9215 Lorn/ dollar* to one unit of foreign currency: NMftoftf Mtr 18.38 1840 7.7329 7.7331 Australian1,132 words
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199 1996-01-12 19 Bloomberg Business News [NEW YORK] Lehman Brothers Inc is being sued by China's Sinochem (USA) Inc, which is seeking to recover US$2O million (5528.4 million) in losses it says Lehman caused through unauthorised trades. Sinochem claims in its suit that Lehman made badBloomberg Business News - 199 words
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Article160 1996-01-12 19 Reuter. AFP THE dollar, propped up by weaker than expected German economic data, barely budged in Europe after recuperating from an overnight drop on the back of tumbling US stocks and bonds. Analysts said gloomy prospects for US budget talks had been superceded by even gloomier growth prospectsReuter.; AFP - 160 words
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COMMODITIES & FUTURIES
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Article915 1996-01-12 20 [KUALA LUMPUR] Tin price on the Kuala Lumpur Tin Market closed 27 sen firmer to M 516.02 in line with the strong undertone on the overnight London Metal Exchange. At the opening level, bids amounted to 284 tonnes while offers were at 59 with major support coming from915 words
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Article1032 1996-01-12 20 Reuter [SINGAPORE] Late profit-tak-ing and the US dollar's brief recovery against the yen caused Euroyen futures to give up their early gains and finish on a flat note. Early losses on the Nikkei cash market boosted September Euroyen to a mid-day high of 99.24, but dealers said theReuter - 1,032 words
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Knight-Bidder Commodity Summary
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Article108 1996-01-12 20 (TOKYO] Estimates for Chinese sugar imports in 1996 are likely to be revised downward, but Asian traders said yesterday it was not conceivable that China could avoid making any purchases this year. Traders pegged China's 1995-96 production at 6.5 to 6.6 million tonnes, up froifi°December108 words
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Article99 1996-01-12 20 [NEW YORK] Benton Oil and Gas Company yesterday announced that it has signed a letter of intent to sell all the stock of its wholly owned subsidiary, Benton Oil and Gas Co of Louisiana, to Shell Offshore Inc, an affiliate of Shell Oil Company, for U5535.499 words
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70 1996-01-12 20 [KARACHI] Pakistan is likely to produce 10 million bales of cotton this year; 1 according to official estimates reported yesterday. A committee set up to survey the 1995-96 crop reduced the estimate given by officials who earlier had predicted a harvest of 10.570 words
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118 1996-01-12 20 [JOHANNESBURG] Zimbabwe mined a record 24.29 tonnes of gold last year, which was 18 per cent up on the 20.5 tonnes produced in 1994, according to the Zimbabwe Chamber of Mines yesterday. Output in 1995, which is the highest in 55 years. The chamber118 words
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Article75 1996-01-12 20 [AMMAN] The Jordanian Ministry of Supplies yesterday invited tenders from local traders for the supply 0f50,000 tonnes of US corn, that could be raised to 100,000 tonnes, ministry sources said. The ministry set Feb 13 as a deadline for submitting the bids, according to the sources.75 words
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Article1093 1996-01-12 20 *****1FUTUALBS Jan 11 1 NMCI (falarn dMtoi« at SJOhD L HSieOiT«ACT(ScMliA« 0m VaftMO 9m NMI Mfli Imp lilt (toMM) Mtiost F5H ***** 22U0 221.50 300 55 Mr 90 ***** 220.00 ***** ISO 2400 sflroo 220.00 iso «rs f %90 220.00 ISO 4179 J+N 220.00 190 392$ MtUpH 223.001,093 words
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Article1481 1996-01-12 21 Qbata -1M RENEWED turbulence on Wall Street again washed over onto UK stocks, sending the FTSE-100 Index down for a third day running, though the index rallied by the close as the Dow made a partial recovery from Wednesday's slump. The Footsie closed 16.6 points lower at1,481 words
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Article4637 1996-01-12 21 Dlttyt -***** SHARES ended lower in quiet trade yesterday after a collapse of high-tech shares on Wall Street overnight prompted small-lot foreign sell orders in high-techs. Many traders were sidelined, waiting to see how the Dow will fare in the next few days. The Nikkei Average ended4,637 words
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Article, Illustration2380 1996-01-12 22 Bloomberg Business News EH Hung Seng ♦12&1> SHARE prices closed sharply higher, returning to positive territory one hour into the afternoon session after sharp falls early in the day, as several financial institutions were seen v accumulating stocks in order to issue covered warrants. "There is talk that PeregrineBloomberg Business News; JEN CHUA - 2,380 words
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Article, Illustration466 1996-01-12 22 Reuter D Shanghai B Share lilei 437 SHANGHAI B share market ended down in dull trade with most investors keeping to the sidelines due to weak sentiment after the B share index repeatedly hit record lows last month. The index lost 0.27 point to 51.17 on volume of 3.1Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd - 466 words
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Article, Illustration1188 1996-01-12 22 Bloomberg Business News ffSETMa +V2X STOCKS rose to a six-month high, led by big banks. Investors wagered back-to-back stumbles in US shares could spark a shift to markets such as Thailand's that lagged last year. Brokerage shares also gained, as the interbank interest rate fell to 6 per centBloomberg Business News; BCRUZ - 1,188 words
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Article, Illustration955 1996-01-12 22 Bloomberg Business News QOifMttiMg STOCKS rose to a 23-month high, led by Telekomunikasi Indonesia, as foreign investors bet the country will tackle the dual problems of rising inflation and a growing trade deficit. "There is worry, but we believe the recent numbers show concern over the trade imbalance andBloomberg Business News; BCRUZ - 955 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration6426 1996-01-12 23 KUALA LUMFUK Reports Bloomberg Business News QjCompofltc -6J6 MALAYSIAN stocks feU yesterday, led by Malaysian Airline System on concern that the national carrier will call on shareholders to help pay for a US$4 billion (515.7 billion) jet airplane order announced on Tuesday. TheBloomberg Business News; BCRUZ - 6,426 words
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WARRANTS & OPTIONS
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3384 1996-01-12 24 Ven Sreenivasan - WARRANT WATCH By' Ven Sreenivasan SOMETIMES, picking a lucrative warrant is a bit like fishing you've researched your area, the conditions are good, you have a few strikes .but there's always the one that got away. Inevitably, it's a big one. During the past week,3,384 words
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Article1958 1996-01-12 24 MALAYSIA* STOCKS Or Or t*MSM Laat VH Da* LaatOuata Mi Mr W IM MCap Htgt> L— Itno Canaan* M« COOP) Mm. Urn Imur SaMar CV W 540 ma MSB 50c 540 *90 202 MO 4M US MS 10 U OJ El SS34 420 TtLS AMDBSOc M 2 K1,958 words
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STOCK EXCHANGE OF SINGAPORE
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Article835 1996-01-12 25 Tutmvci rooo) vAtwrooo) s? —a r sS si w gS*. 15 4SJ iSSS Js 4! «&S i§ wt>io mn Hm MAW CUM TOTAL on 3 S 3 s in IMM I# A 4 I J i f won »*4 o i j r»» 1 I I J nmttMllll 000 370835 words
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Article4223 1996-01-12 25 Or Or M «t IHI/M Last Vel Day Last Ovate Dk Ok VN Ml Cap A»g Kg* Law own Mi fOOO» I— —yar Se*or CV M 2M IT* use Acarsoc US207 *2 112 209 203 207 200 M3 342.7 494 310* m t 1000 Acme 50c 4*0 -84,223 words
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Article794 1996-01-12 25 Or Or M art im/M Last V« Dry Laat Oaata Dk Ik W M Cm A«f MM» Ltm »tW Cint Ut» fOOO) >—I La» tayar 8a— Cw P/t Prtaa 322 40 2000 AMHMgiSc 261 *1 253 2*5 257 2*1 2*3 MX *.9 03 3*7 115.4 2*6 2*0 SO 2001794 words
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Article184 1996-01-12 26 VP 25c 8,027,000 •Mphattf 50 7,206,000 toE*2Sc 6,939.000 *MJ»yiGn*p 6,824,000 •CASH 50c 6348,000 VJMV196 5420,000 RkiEflf Wt97 5,366,000 AaolZSc 5,164,000 •SrtMt—t 5^26^00 MM12SC 2U***** SMFMp 18,529.980 •CASK 50c 17.*****0 JM US$025 40 15,197,486 MFMp 13,*****0 0CKF««i|i 13,*****2 -TlMIIM 13,072.980 CBylavSOc 12,951.792 Iwiltl 50c 12J66JM0 mutmwn W.746J80 MM CWb 7 vrim184 words
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Article, Illustration74 1996-01-12 26 Paul Leo - bf Paul Leo JEN CHUA i MBNANQ Corporation* tuxxent decline to $1.18 an tower turnover yesterday is a precursor to further weal nem. Yesterdays volume qf 1 J million shares was less than a quarter of Wednesday* 5.5 million units. Both daify and wrnkb RSIs are overbought ButJEN CHUA - 74 words
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Article, Illustration619 1996-01-12 26 Ven Sreenivasan - nOCZMAKKBT OOMKHMTAXY Undertone still positive as institutions and retail investors take oppoi linilj provided by previous two days'pnllback to accnmnlate stocks By Ven Sreenivasan [SINGAPORE] The market shrugged off early nervousness alter Wall Street's overnight plunge as institutional and retail investors619 words
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OH THE GRAPEVINE
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Article130 1996-01-12 26 WE DO NOT always agree with the missionary zeal in which the Slock Exchange of Singapore sometime* go about rSa!r^!w?«nlS But you can take It that wear* Ml percent behind the SSB efforts to make directors of listed companies disdoes more about their personal ralatkm Without130 words
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102 1996-01-12 26 IF YOU think banksrs In Hongkong are loan sharks, you haven't heard of the 14K triad society. The latter commands the highest financing margin, a polka raid on a I4K-bacfcodk>en carts! reveals. This cartel boeets I,ooocustomers, total lending of HK$lOO million (Ssia4102 words
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Article124 1996-01-12 26 ALOCALbrokIHf flrmhaa,Qow«Trwayaf describing recent stock mart* events. In its wesklytnveetmsnt report, it said buyers ofstocks are like kids in a candy store. At Qrst, they §o tor the old ftuniliar candies. ~p. Thai the kids—tired of the old detectabies —went fcr the rave and the new. And124 words
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Article26 1996-01-12 26 BUSlNKSSMraoftaaeomplainodrtoutthe like Myanmar We reckon the Group which Is to a Joint-venture with BfcdtoofNrateAirMendalay,iefalheatiy qualified ror doing Dustnees in met country26 words
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Page 15 Advertisements
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Advertisement165 1996-01-12 15 V There s onty wi/ Watch a discerning individual would wear. But where would he turn to for a Corum? V '•V M H 'Lmdifht'. A <pnm mmiuuii wdnndigßU md wmamffkut at of 96 brilliant*, it ha» pyramidal aappfci* wiA 12 faoeo awl a goU 4U M widi 93 dnaouk165 words
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Advertisement1069 1996-01-12 16 I«T :-_ii .~r, v nat ««»OC •"> 541 S3 ?55 Jio TIT trn TT? 77T7 77* 7a yn -1 i «5 r ;jc si ix* u« i.x« urn hslj isoi no >4* »i sow*** sa--52«» lit*-*-. dm-- tjss l>s J3«2* w n t-m'smuoMsamn -*am•S ::iIC" !Ht"s KMf iq MCI N1,069 words
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Advertisement199 1996-01-12 16 If fUI 8 VOrKIWKM (Mm OT ZDU vTHIiIHIISCtpiiriM pTOTMStOnaIS any nnworK ot imanuroonai onices, uww provKiM confKMfiiw ana coet effective company tormstkxi in ail the me)or low In sreas inducing: IFuM Professional after sales services provided. For a FREE copy of our 100 page colour brochure or to arrange a199 words
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Advertisement180 1996-01-12 17 The Westin Tai Ping Yang Shanghai WZ.~.— vi i lm%m 3r-~ -'<"vX?v v < .2£, l i H l| HBjpi j «^c j Where east meets west in Shanghai, you'll find a tantalizing mix of genuine hospitality and superior service. /4f 7ifae Westin Tai Ping Yang, every guest is treated180 words
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Advertisement65 1996-01-12 17 ENBLOC PRIME FREEHOLD RESIDENTIAL INVESTMENT District 11 Units from 2.800 3,000 sq. ft. 12 Maisonettes Blue Chip Corporate Tenants Recreational facilities Break-up potential For further details, please call CeNna Urn or Jeremy Lake U llJi.lA c ROM RAY THE GATEWAY TO INDIA ■E Hs' 9 Bill WR) HfiWIHHHINHII MHIMI HIW65 words
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Advertisement1976 1996-01-12 18 0 UCO BANK WHOLLY OWNED BY THE GOVERNMENT OF INDIA Head Office: 10 BIPLABITRAILOKYA MAHARAJ SARANI, CALCUTTA *****1, INDIA AUDITED ACCOUNTS AT 31st MARCH 1995 INDIAN RUPEES (000s omitted) CAPITAL A LIABILITIES As on 31.3.95 As on 31.3.94 Rs. Rs. Capital 1560,52.00 1035.00,00 Rmkvm A Surplus 155,40,65 15.91.00 Dsposits *****.34.291,976 words
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Advertisement748 1996-01-12 18 NOT! C E S I zj% a|< B B l*! B GLADIOLI INVESTMENTS PTE LTD (Incorporated in the RepubNc of Singapore) LOST SHARE CERTIFICATE The following Share Certificate issued by Gladioli Investments Pte Ltd f the -Company") on 22nd November, 1990 in favour of Montien International Limited fMontiern has been748 words
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Advertisement55 1996-01-12 19 1 i S i -i; |1 o 0 Bvlgari-A vlgari Wat h in m ,in 41 IL /S kt gold. Qui \rtz movei !«■>, J VBangkok uIS ingapore Jakgr(c^\\ .Grah&Hyatt Erawan H(U6t International ShtiAgfi- La Hoh(\GrartU W 6325 Jj: '*****2 772°1 8919 \\MjJ > stoma Milano Genive Diisxjaorf London'*New// Beverly55 words
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Advertisement21 1996-01-12 21 Ifr Exceptional Character. horlogerie PiageT Pfaget Polo, 18 K gold. PIAGET Boutique: *Ql-Q9BNgee Ann City Towerß, 391 Orchardßd, Singapore23BB74. TeL *****31•21 words
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Page 22 Advertisements
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Advertisement26 1996-01-12 22 .c^II^BmV^IKIHUHHBI Officially-certified Chronometer GMT Automatic. Chronograph. Ref 2990STG 552,870.00 Ref. 7790STG 552.*****0 Raymond Weil Showroom Service Centre. #02-09 Raffles Hotel Arcade, Singapore *****9. Tel 339 321826 words
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Advertisement104 1996-01-12 23 A U"ri nn Hi 1 UTTT T C H A SubSClibetO I Nome(Mr/Mfj/Mi/Df) r f\ IV WTj 1 JXtL J3UJLi-Lil3 -Dr\VxJV The Business Times, the paper the market I Find out by reading The Business Times daily. movers read. i Occvjpohon Ih/FaK* 12 months I I want to juMcribe tor104 words
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Page 24 Advertisements
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Advertisement41 1996-01-12 24 t f. SMOOTH AS SILK TO BANGKOK Travelling to Bangkok? Fly smooth as silk on Thai —bi||m I>AII V four tlmes dai| y- Enjoy gourmet food, vintage rOUn TIMES DAIL French wines and a standard of service that's Thai. Smooth as41 words
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Page 25 Advertisements
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Advertisement23 1996-01-12 25 ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTRE POINT, #01-18/20 ORCHARD ROAD TH_- 23S 253623 words
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Page 26 Advertisements
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Advertisement1483 1996-01-12 26 Singapore Closing Share Prtcoa 11/01/1906 CLOSE PREV LOW HIGH tlllf# uss uss uss uss \lHir Jardine Matheaon 7.40 7.30 7.15 7AO FCmV| Jsrdine Strategic. 3.10 3.14 3.08 3.14 LWJ Dairy Farm 0.06 0.07 1.00 Hongkong Land 1.02 1.68 1.86 1.02 ■ppvaatg Mandarin Ortental 1.27 1.25 1.26 1.27 BfiUUliya Janflno Strategic1,483 words
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Advertisement293 1996-01-12 26 IN INK MATTfI Of TMC COMPANIES ACT, CAP. SO m fMAItI SALON rn ltd At an Exlraadbay Cwwml Maettnq ol KIM CHAIN UION PVf LVD duly oomranad and held a> 50. Jalan Sudan 11-01. Jalan Sutton Contra. Singapore 1W74 on 10th Jenuay I9H the toiowtnq resolution was paiMd: SMCIAL HSOLUTtOM293 words
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SHIPPING TIMES
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Article304 1996-01-12 27 Knight-Ridder, Reuter RATES were described as "patchy" for panamax tonnage, with reasonable rates paid for early positions in the Atlantic but February rates easier, brokers said. The Baltic Freight Index was 7 points down at 1,570, with capes ize routes static, but, as with Panamaxes, there is moreKnight-Ridder,; Reuter - 304 words
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Article241 1996-01-12 27 in mmmwarn Jmu n VCWTDMrWtan L*3 -OOI H8 CUmn Hup I liWnn 1.26 -002 WO CMMhwwtaMrt _t90 -0.02 M FOS MS -009 1423 0.935 -OOI 280 OatfcMn* U9 *0.10 2980 MSMH« 0.969 *0.009 4M NRMMZmm U2 "O01 498 MCIHI—p HK9J0 Jllllllllp 181 -OOI to Jmna SMpy«rd 1120 -0-20241 words
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453 1996-01-12 27 Bruce Rutledge - Degpita same hard knocks they remain world's Mo 1 for second year running Prom. Bruce Rutledge in Tokyo JAPAN'S shipbuilders took a few punches during 1995 a right jab from the high yen, a left from the aggressive Korean buUders but stUl453 words
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Article, Illustration167 1996-01-12 27 AFP [SYDNEY] Chinese and PhUlppine flagged vessels were among the worst offenders of Australian safety requirements based on the number of vessels seized last year, officials said on Wednesday. More than 200 foreign ships were detained in Australian ports in the past year, theAFP - 167 words
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664 1996-01-12 27 Selva Kumar - CASEBOOK By Selva Kumar A SHIPOWNER which delivered goods without receiving an original bill of lading (B/L) was liable to the shipper regardless of whether the goods were delivered directly from the ship or from a warehouse. That liability was strict and664 words
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215 1996-01-12 27 [MALACCA] Three steps are being taken to make Port Klang a major terminal in the region, Transport Minister Ling Liong Sik said. The first is to forge strong long-term relations with the ports of neighbouring countries. The second step calls215 words
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233 1996-01-12 27 Yong Mei Fong - By' Yong Mei Fong [SINGAPORE] A consortium of four shipping lines, including national carrier Neptune Orient Lines (NOL), has finalised the details of its trans-Pa-cific services, to be launched by the middle of this year. The group, which also comprises Nippon Yushen Kaisha,233 words
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181 1996-01-12 27 [SINGAPORE] Indian seamen have lifted a "siege" on a Sin-gapore-registered ship MV Jaipur after its owners agreed to increase the wages of the crew. "We aUowed the ship to commence loading at Madras after its owners assured us that wages as181 words
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Article, Illustration905 1996-01-12 28 ENHANCED SURVEY PROGRAMMES: FACT OR FUDGE? Enforcement of stricter rules for vessels is well under way despite initial fears about how the shipping industry Would cope. The health of many sectors of the industry is also being enhanced along with it Fairplay INCE the 111ceptionFairplay - 905 words
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460 1996-01-12 28 PAOC ABC Coot 17 AO. 17 AW. 3 API M AM* 7 Accort AMm ft AhrenkM 4 Air Mb 20 AppcnsMp 4 Arowana IS Astro 12 Austral 9 Avarrt ft rung Mas 6 BSA 9 in. o Batamindo 7 Bengal Br IS Mm460 words
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Article13513 1996-01-12 36 ETA ETA Advartlsar Vassal Voyaga Pg CTA ETA Advartlsar VmmI Voyage Pg SIN Dtfn *am« N«iw A NYK ESSEN EXPRESS B-WFBIM 2 AhMUn 0/01 01/02 C0SC0 WtTTY RIVER/ 0035W T si ss Tts. mmf i S! x ssss« MM JJA» Jot PAr nri NK MMF 3 8/01 <MZ13,513 words
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SHIPS IN PORT
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Article641 1996-01-12 45 VM Vov »o Bort> ArrivH lggtg» j—|HI an m»jm vn ji 12.01/1515 »)N«iJW VN JI lUlUld 12 01/0815 •I) MnMl 2/H JI lliipHi 12.01/0400 on INM 02/94 JI MM* 12 01/0900 V" Mv* K 2/M JI I'HllHl 12 0l/WOO MtaMMr M0 JM/17 MM* BA/Z30C iSiMM *■»'<■ 12.01/2315 MMM641 words
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Article1506 1996-01-12 45 RECEIVING Of EXPORT Ftt CONTAINERS AND La CARGO ■cmn/llmn Rstls SMp Voy Mo Etfc/Btr Hrtti frm To Few to Wy 07* IVBOO MM V*M IVfWO a mm b/mi mm i u/oroo aam bam 4 B/BM B/MM 12/1700 MM «M3 M/2000 4 OM MM MM mnw mm a/jm i1,506 words
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Article851 1996-01-12 45 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 Individual851 words
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Article447 1996-01-12 45 JAlf 15 Japan: Market and Public holiday, Adults' Day. Sri Lanka: Market and Public holiday. JAN 21 Nepal: Market holiday, Lhochhar festival. JAN 22 Pakistan: Market and Public Holiday (Ist Ramadan). JAN 25 Nepal: Market holiday, Basanta Panchami. JAN 28 Australia: Market and Public holiday, Australia Day. Uganda:447 words
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AIR & LAND TRANSPORT NEWS
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379 1996-01-12 46 Imparted vehicles, largely Japanese brands, make up 10.2% of the market AFP [TOKYO] Japan imported nearly 30 per cent more cars in 1995 than the year before but despite intense pressure from the US to prise open the car market,AFP - 379 words
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Article, Illustration69 1996-01-12 46 [WASHINGTON] The chiefexecutive officers of (from left) Ford Motor Co Alex Trotman, Chrysler Corp Robert Eaton and General Motors Corp Jack Smith posing together with the first cars manufactured by their companies in celebration of the 100 th anniversary of the US car industry. In theREUTER - 69 words
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301 1996-01-12 46 Cash rebates by Ford, and special discounts ljy Chrysler Bloomberg Business News [DETROIT] US car makers are returning to sweeping incentive programmes in an effort to boost business, as evidence grows that the general economy is too weak to generate sufficient sales. In oneBloomberg Business News - 301 words
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289 1996-01-12 46 Cargo carriers will take up to a week to recover Reuter [TORONTO! It will take up to a week for international air freight operations to shake off all the effects of this week's monster snowstorm that closed US east coast airports from Richmond, Virginia,Reuter - 289 words
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Article177 1996-01-12 46 Bloomberg Business News [ST LOUIS] Trans World Airlines Inc (TWA) is talking with aircraft lessors and aircraft and engine makers about acquiring a significant number of new aircraft. TWA could announce the orders during the first quarter, said Robert Peiser, chief financial officer.Bloomberg Business News - 177 words
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LOG Book
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76 1996-01-12 46 Bloomberg Business News [BANGKOK] The Thai Air Force iadoaa to ordering eight. FA-18 Hornet jet fighters from McDonnell Douglas Carp, as the US government has approved a Thai government request that the planat be capable offlringair-tfreir missiles. the Bangkok Post reported. Rival airplane 1Bloomberg Business News - 76 words
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Article, Illustration76 1996-01-12 46 [SINGAPORE] The new Boeing 777-300 (above) will be one of the stars tn next month's Asian Aeroepace-96. Its appearance follows Singapore Airlines' recent announcement ofan $18 bUllop deal for Boeing to supply 77 8777s between 1007 and 9004. The Boeing 777-3 DO is the world's76 words
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75 1996-01-12 46 Reuter [SYDNEY] Qantas Airways and American Airlines will extend a US <x>da*harina agreement with new sei vices t».. Miami anA Dan—, Forth Wotito,ttamlm Angrtas >^»JF said in a statement From Feb 1,19 codasliareflightso© W American Airlines will operate each wmh ft urn Ua 1 Angeles toReuter - 75 words
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Article16 1996-01-12 46 Reuter owned subsidiary In aS^wjpeosto^ subsidiary, capitalised at wouU Involve capitalReuter - 16 words
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Article28 1996-01-12 46 Bloomberg Business News [NEWDEUfI] Sujuki Motor Co < the Indian government's move toocatOMlMlnddflr Osamu Suxuki, president and dhitf aiflNkkMqAbipof Japanese company, said the mow Jeua&rand laid. Ttm-Bloomberg Business News - 28 words
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Article8 1996-01-12 46 AFP harbour in Shonteooo^.Mfß^lnJlKim^" 1 Guangzhou.—AFP jyAFP - 8 words
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345 1996-01-12 46 Reuter [DETROIT] Fuelled by a fastgrowing economy, India's vehicle market may top 1.2 million units in 2000, more than double the 560,000 car and truck sales projected for 1996, according to the top official of Premier Automobiles Ltd. "The projections areReuter - 345 words
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195 1996-01-12 46 Reuter [DETßOlT] Nearly 49 per cent of Americans would rather buy a two to three-year-old used car or truck than a new one, indicating serious consequences for the car industry, according to a new survey released on Tuesday. The survey, conducted by the DohringReuter - 195 words
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Article1227 1996-01-12 46 cnv man ha fusht et» Qagw atw3 zv<o AOaOMM BY602 0910 BY607 0420 Ol»|lH.POC CZ354 0920 IY6I7 2050 NaOnaPOC CZ3090 1030 HmoI VM745 1305 VN744 V405 *555 ***** W«n VN740 MIO «SS2! ,75 l«Y«i T6407 2120 T6406 0t20 M095 2255 MB96 1920 wm jw miiirtrl AY9021,227 words
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109 1996-01-12 46 NYT [PARIS] Aerospatiale might need a capital injection from an outside company, president Louis Gallois said yesterday. This would be necessary if the French government did not recapitalise the loss-mak-ing business. Mr Gallois has been calling on the French state for a capitalNYT - 109 words
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Page 27 Advertisements
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Advertisement12 1996-01-12 27 Enhanced survey proflrammwc Fact or fudge? Owners adjust to new rules. Paf»212 words
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Advertisement72 1996-01-12 27 US losing to Europe in figjit for Japan car market Imported vehicles make up 10.2% of market. Back Pafß I HANJIN SHIPPING I I Weekly Direct Service To I I MEDITERRANEAN Ports I I From 16 January 1996 I I u »J?: ;^frW J W n^HTvj^^Hr I HANJIN SHIPPING (SINGAPORE)72 words
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Page 28 Advertisements
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Advertisement1047 1996-01-12 28 I OTHPtO«»TWMTIDW« I I NQfiTM/WtfuSTl tb«teTUU.TOv*»*c<>*»ifccxi I regrets MIMM! ~I I iWMIWWMt/IM MBIB—B ww *or ma u|m ra su IMII m <ac n |m9arr| m Iwrl w IrunzMJMUMjMMMHiu nowMulu i UNBBO tunilttVMai kmb ¥HM in JHL jhm. _ami_ Mi mnru ST ivm m/h m/h om mm m/h m/b m/m M/h1,047 words
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Advertisement178 1996-01-12 28 Li— nd mntow rtpriiwitd i( SUMIM Aowti! U *"J i»»9«pOre PMttOflM for aftvtt* onquirte, contact Times.- 3 V 740-2089 Bi ■athnoula 10m ■3EAOREAM 12A)1 18AJ1 RcfcrVAtwrtJKAtanlM |l ■GTSaUNRBE aVDI I M ILoadngtor W lAVBEANA I"-' ■HERMEUN PubiroiwiWMlntortl 11 HMNQRACE 11 1 em iii. mi ww* 11 ■■BBi l ILoadbigtor I178 words
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Advertisement949 1996-01-12 29 EXPORT TO: TO: JEPPAH/UK/CONTINENT IvKsa voy m m rum mm rmm stow un aiso acoftmg cawo fo* ok sou 13/01 03/ M 01/ M M/ 01 M/ 01 GUSGIOW, GRANGEMOUTH ooaratiwi sin i«/ii m/m 04/ m m/m mn cmmKumK lASBK MM M/ 01 10/ M M/M M/M M/M TTNE 10M949 words
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Advertisement1714 1996-01-12 29 HANJIN SHIPPING |mwm I «mm I m m oa kt w "W] ns hc oi ov m m |ra pm ns ww 11/H —g Iw/B ii/w u/w u/w n/w iyw n/w u/w u/w ~n?w~"i»7ti iyw~ iyw "ji/jf" u/w **"M H/»l MM li/H 17/ M U/W U/W 11/W W/W W/W W/W1,714 words
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Advertisement902 1996-01-12 30 urn wr TaawK cbu>mo~ jbmi mtu ggggg warn mmm mmm mm uwmi mm sol. _im m m na -HUMMUS Uffi UA VI M »A_ BSHiBWBS !2B_ _!M 3Q M H VI lifcr lift I*l i 111 mili-l rass kbl i as, 1 saisas aaa, 85m am "aw w'Mw •i$ —\Si902 words
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Advertisement618 1996-01-12 30 I NORASIA 1 MHL VOY MM ALQ LAS ML WIL HAM MM HOT ANT FH. LMA mmu* E 2E 32 US «gg g. jgggWWWWWiIHWM! HEHHMMMMM 35 2 Hm am M nm vm MM nomimnomrom JJfJ JJ* 25 w mm m mm mm mm mm nm mmmmmn tmu um mm urn618 words
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Advertisement432 1996-01-12 30 JAPAM/HONOKOMa/STRAfTS REGULAR SCRV>CS LOADING FOR PORT KLANQ/PSNAMQ VEUa VOV SPORE P.BUBMM PU m CB gg »MUJ«T WW WJMI 17MN PAOBC BRACE 27 WW WJMi wu—imm. wrr mjmi BHMUNI3 WJW U JAN lmwo nm 1 I www m a Jim I mSTTI IALTIA 2 24JAN I aJMI ■Ml Mr A 2432 words
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Page 31 Advertisements
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Advertisement825 1996-01-12 31 3pv STRAITS SHIPPING PTE LTD mm II Naa CMaai Mai #11-01 Kappal Tavava I IfIHjHV Slafapara 02S8 Tal: *****88 Fax: *****17 ®Hf (A SERVICE OF CHINA NAVIGATION CO> STNMTSnM MK ttJM 11 Jm Mm, LMaM AUtlOaaMto g; 1 ■r' stmhunok vmk njm sjm Mwa.MiHaaMtoftLMM ooin M W WlM simhssm «mm825 words
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Advertisement1911 1996-01-12 31 Singapore Agent: HH WW 1 I iIfIIAIIIMHi P&O Container* (Singapore Agencies) Pte Ltd 1* Hoe Chiang Road, M 741 Keppel Towers, Singapore 02M First Class Connections WORLDWIDE ""x* l rmZZSshtim mi V-- DIMMIT ■-r'v IMPOWr 'V IT: waaa wov i-fwo *p*B HH laou ant nor nam oot ana um wml1,911 words
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Advertisement239 1996-01-12 31 OUTMOUMP PKL PM JON SM MBMPM MEtMTMMMMK—IM MMNM22I/MS Ml 1141 Ml 14-14*1 Ml Ml HH «H Ml IVH IW -Ml wnaran® —www uw Twrwr-asw —an —r-~ir ioftwiw MMHM2BMMI Ml W Mil H-Ml Ml "gUT Mil WB ~gg" gg gg ~IW MMHAI2I2M36 Ml Ml Ml _ZtML Ml Ml Ml Ml M239 words
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Advertisement1043 1996-01-12 32 ran MM ANW MR IMP UW LHV TUP MM MM NM PRL MP 8. RACERRNN 13/1 1/2 3/2 4/1 W 7/2 E.IROUPM-M7 IVII IVII 11/11 lint WII IVI 17/1 E RESULT RW-M4 2VI V 2 1M 11/1 1M 14/1 I. GATHER RE-M4 2V12 Id 2 2V12 27/12 2VII 23/1 2VI1,043 words
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Advertisement818 1996-01-12 32 Vtssa VOTAOI W M Ml DOW OAM IWT lAO VKSH VOTAOI DM AM OMI MM SOP moon numr 2voi own oym wn um oun 01/02 mcokoio oumk 31/12 01/01 01/01 ovoi 14/01 HUM Ml WW Ml OW OW IMB 12/02 |UN COM** 037V-02M 04/01 07/01 01/01 OVOI 11/11 •AM>aooapMnßEeL*oPt*».Shaqah.Jrt»lAlvta thbai.818 words
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Advertisement636 1996-01-12 32 U TEL: *****99 (12 UNfIS) FAX: *****10/*****09 TELEX: M ***** MBHP (9IM CR NO: **********0E 9B 1 111 1 1 1 1 q S |r ACCEPTING FCL AND COHVENTIONAL j Vws Way I iST 11 n*i|tif —1 AndW 42W8 21/02 T22T112^ Atoyot 43M8 IMB H KIEN HUNG UNE 1 FULLY636 words
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Advertisement1653 1996-01-12 33 MECTSJUUMS7B NAM-14 BAYS MW YORK 2S BAYS tnwiwl $mmlAO—H: TH (t—M): Zttlttt Aftf Oft: COSTAR SHIPPING PTE LTD SE/SSSMS"' tmt m9m ~'£iSlL +*»—c SfcfSBSSS. %X$S& 4mm .&25% ffrSSSmm-, SZSE""""" S s T»t 17-MMIU/117 hi 8 7-MM 17V SS«MRWSW MW !W W SolcIiTOW?" 1 W »5! SCKHE«OtK mrl WJ Ml W1,653 words
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Advertisement433 1996-01-12 33 I -jg FAMOUS CONTAINER LINES JlpS 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 LINES) Weekly Sailing To UNITED KINGDOM r-J[ SCOTLAN^ CALL OUR FRIENDLY GROUP FAMOUS EUROPE GIRLS RAMLAHIIMAHI MOLLY I *****33 P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) j. BAHRU PH: 0207-*****22433 words
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Advertisement706 1996-01-12 34 vessel voy sm jkt yam vor «w pb* I^B k«—« n«sv 2 BKK MRABHUM ***** Fri mPt Bun IVDI STAMFORD «70«__ ■LSSs ia /oi WWPHVM 0488 fcLil!LJH_m *fc«_ JB«l—PM_ _IIMI_ H nSwtabhum ywABHUM as jvoi__sst_ jofla_ I stamforo «Z52 I!sl_ Js22__|-_ «£L■ WAMTA BMUM 27>N S«t WANA BHUM 3006 Wnd706 words
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Advertisement106 1996-01-12 34 BKK/LAEM CHABANG/LAOS 18/01 21/ VI 25/01 JAKARTA 27/01 03/02 10/02 PT KLANG/PENANG 25/01 01/02 01/02 MANILA 20/01 02/02 00/02 HONG KONG 04/02 11/02 25/02 TAIWAN 21/01 20/01 04/02 BUSAN 15/01 21/01 20/01 ad Ifn atom iMttaahr TWQETUS 2MI/M Otl/K WMIIOMMOIi KIM W K to UGMETUS IVt/H nlawMn reaaa zmm rtnm106 words
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Advertisement581 1996-01-12 34 7# AM SOW ROAD, §21-01, SINGAPORE 0207 CR **********0N WWW «HUTTLt MWWCB POBT W PEMAHO vEsia \Krt_ m m. ««a voy si pa SEA LAUREL 450N UMSUK 1 SOI MOW MCC VANTAGE 6003 1001 WED ***** FW SS— PAtfmcusPY iwimu gl SEA LAUREL 1901 FBI PfIAGOH TEKONG 25N 1301 SAT581 words
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Advertisement199 1996-01-12 34 II 'i iCSweSeßuEwNGMreaffl BoowMa/w|Qo|( *****4 nnnn innnnw J TEL: *****93 ItOtOWOOOWrji FAXs 221 40IDIW> J vosa vot sura sunt nstmbim SWWKI VH 15/01 17/11 FUN/MBMK 16 DIM 1 VH 17/01 If/01 POMMM/SnOE ausma i/m u/oi lyoi wwitinwc j WOMB i/H ipor m wmmm Ma 2/M IMI 20/01 JMMB^MMK SB ROM199 words
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Advertisement613 1996-01-12 35 I: EISA 1 MYANMA VHHBk FIVE STAR UNE T NOIUMI UM) L»li| fw YM|M Hmml I nssa vot sm m rai poi j LUIMYSBT 1W HPT BTOBAVWAISIW 14/11 1 BAUftU MOTS: MUSIUO SEPfM MBKBS J ML Itt 42-13-***** M Kk IE IMS-*****11 KNs IB 42-04-*****42 ME IE IM7-2512M1/4 BANK LINE613 words
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Advertisement809 1996-01-12 35 I PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I cn no iooeo67ooooE VO44E voy am earn noo jbd aoj am ru mm aba KOTA WUAYA WJA444 30/1 34/1 30/1 1/3 3/4 4/4 4/1 4/1 7/4 1/1 t KOTA44RAM 4WHH4 33/1 4/3 4/3 10/3809 words
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Advertisement748 1996-01-12 35 0237—0000Z \trmn h w m* oametta leh/kre hambubo thamlm uiii wrr—MM animct?H MLLEOEVBLA Vtaw WW 28*01 OMB 07/02 OMB KMt IMB VLLEDECAFBLA TI3W SMH OMB IMB 17/02 IMB BMB SBBS VLLEOEUBRA LI3MT OMB 12*B 20KB 21/02 2VOt Ml Ml AI3W WWg~ IMS 27*2 M WE ~~SSS ALSO AOCEFTBIO CAROO TO748 words
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Advertisement427 1996-01-12 38 aKAPAL KRIS Shipping Pte Ltd 708 DUXTON ROAD, S'PORi *****9 *****76 *****77 Q NO. **********00 SYARIKAT PERKAPALAN KRIS SENDIRIAN BERHAD k 309-609 HOCK A GIOMAC MJSMSS CEMTM, 10 MIAN SS 6/1, KHANA JAYA, P.O. lOX 8428 ***** PfttUNG JAYA, SBAMGOt. Jth *****77/71/79 FAX: *****07 IHfX: MA ***** VCSS& VOT ER9QB427 words
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Advertisement375 1996-01-12 38 DIRECT MONTHLY SAIUNQS BWOfISHtVKI VBSa/WT SI UKMOWS WMMm BB I vissa n tgm i k in m a nw n nu m Mttvuo u nrr 11/01 is/oi OORTROWB VIM SU fl» Hi BP! JJ/II 19/11 «/M MCSHVI/II 15/11 27/11 SI/11 02/il MMMTVIII 31/11 03/W 17/11 0»/W •tt.jiu.irx jn/gri/uWHMW/11 IWMWWB n/B375 words
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Advertisement599 1996-01-12 39 TIGER OCEAN 399N 12-1301 17-21/01 25-27/01 I TIGER CAPE 400N 15-1001 21-2401 29-3QOI I TIGER ISLAND 401N 18-2001 24-2001 01-***** I TIGER BROGE 402N 22-2301 29-31,01 *****2 I TIGER OCEAN 403N 25-27/01 31-04/02 08-1002 I TIGER CAPE 404N 29-3001 0407,02 1213/02 I VESSEL VOYSIN CAL SIN I TIGER RIVER 228CN8599 words
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Advertisement889 1996-01-12 39 ISeaHLand I FIXED WEEKLY SAILING TO PANAMA Iwo DW mm mm I'—'— wot m ao T~ms~~mTT mm n mm m ombvmmm mr ~isfli u/11 aauwa jot r/r «/w u/w m/r 1W "ii^T bdmss m iw on agwy 2« iKS 12-C5 !M5 ]t/n um OMBMRM MM B/01 B/OI ll« J" >J/"889 words
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Advertisement930 1996-01-12 39 toeuropi (^Tr# Nedlloyd Lines ««nr Tkw»/FHdoy/Sotwdoy MHQAPOBE phone (General) 22uses rate enquiries *****4ummm cfs <phone) *****10 cfs <fax) *****23 I 1 1 gMIM TO EMMK nmv tmhuwsbP I—— i mmwmt Mi 8m Ul mm Aw* Han Ml ELBE /3016 13/01 29/01 30/01 03/02 04/02 01/02 .r 00CL FORTUNE /5026 18/01930 words
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Advertisement1028 1996-01-12 40 14 AS AGENTS: "K* L— (MiaHWM) PTI LTD (CWWOc HIffIWMMIHIT«BM>:MMW7MM| TH: *****77 7H_EX KAWAW R*****5 FAX; *****167/8/9 ■ft T T WTV|\ MALAYSIA: If UNi MAIVTiM (MALA YSUk) SON BHD I Pi TEL SA *****00 PK *****75 PEN *****20 JB *****01PGU*****256 1 MDONE9A: P.T. SAftAMA LAUT 11— UMA, TEL JKT *****081,028 words
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Advertisement311 1996-01-12 40 PUL NTERNATIONAL ♦MrfHi 111 I9i»i»iili ti I «***9jdwlliiH»tiBj|iii M*» "'V fIWOTI ISMt/KIK ■}-f I fet,|ilrihJfligjS^ fffit I !«/»< I Ml m l»/«l I wiiawaiMMw I BL I HOT f HI I Mj Mum ivi \fm I imiTmm h/iilm n/t\ ffMfffltflllliff iH/fl I Tit 17/tl iWd 1 lf/11 I m/KniM/mi 5*55311 words
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Advertisement1021 1996-01-12 40 jaMF h Pftt boab ioi-oi it row womb SMfINK OOMSI JM HMH <a MO-miiiimi/W) ■U'L aisrwMsavw ns-i-ns aoc—rowm ih^m4 GBOALUM 225-W* GBBALMX *****12 We Carry Your Confidence mm V%+W lAfill VOKE 321-Mtt m "Win WM/wmi •TT MM*OTM ST ~uu~ 15" Wen I o*. I 'dm Iml we M^fMX Ml Ml1,021 words
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Advertisement838 1996-01-12 41 ACCEPTING LCL CARGO TO Singapore SSSC QStkdmhr SS first forwarder in MaAiMhL fuuuU.-i--*rr r ASIA AWARDED mfy niiiiag "«T WW T I iso 9002 »y lrqa wmeb Sitwiiy ***** (vary Friday bmiSmkn aST i^lg 1,n,,i„ t i> —j— /yI I Unbiiil Phase Plmm 3 idh|S mmlli (sUyiJIJLI w stiff if838 words
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Advertisement1764 1996-01-12 41 WjL„_. -KM—BML -ME: -M MB Ml 11 AH ML- BB Jft JEM- JB BM_ JH T M J—LJBMTNMKS Ml IUI M IUI UK ajl MB WMM BM BB* MB OB 111 Ul M «ll MMMM KM IIH 11B* MB MB BB KB MB M.BMtt «l til till til Mil tt.fi1,764 words
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Advertisement540 1996-01-12 42 SAMUDERA INDONESIA fS) PTE LTD I —"Bf" 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 TEL: *****81-3 FAX: *****6 (3 HUNTING LINES) TLX; R*****0 IOOKIIBS CALL DIRECT LIME: *****41/*****43 JEBSICA/CEUA 5 SLGS/WEEK 3 SLGS/WEEK HE V6Y Ifcw jak Iggf Mir B5fi5N~(OTSj 906 13/01 (SAT) 17/01 (WED) EPONYMA 909 13/01 (SAT)540 words
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Advertisement469 1996-01-12 42 TO E. CANADA US ATLANTIC US GULF I fWMMO VOY SPORE I PJffl WHr] HAUFAX N.YORK NORFOLK N. ORLEANS BAVANNAH TAMPICO HOUSTON HOEQH CUPPER 0232 I&I7JAN 108 JAN 08MAR 06MAR 00MAR 16MAR 12MAR 20MAR 33MAR HOeQM DRAKE (MM (JVM FEB 128 JAN 23 MAR 28MAR 28MAR 08APR 01 APR 08469 words
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Advertisement252 1996-01-12 42 PHILIOHKNT V* UN€S PTC LTD ®TBL: *****00 (16 UNES) FAX: *****70/*****38 17 JAN I NAPER, CHRKTCHURCH, NEW PLYMOUTH I LONDON, FBJXSTOWE, LE HAVRE, ISJSNI ROTTERDAM, HAMBURG, ANTWERP I AND ALL MLAND DESTViATIONS WITHM EUROPE 16 JAN I KOBE. TOKYO. OSAKA 14 JAN I BUSAN, MAMLA, BANGKOK, PJCELANQ, 14 JAN I252 words
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Advertisement415 1996-01-12 43 •_L. Singapore Soviet Shipping iwt Co pto Ltd CR NO: **********0N IHiHHbkAiAßalllaH||iSfißUlkli3^HHHi BOMBAY/COCHIN jvraSCL VOY SM BOM 000 XOOR MA 001 IMI mot SCA QLOfIY OLftOOl 12/01 23/01 www- epmob woi aim i. I«°**OBWNI 414 2VOI >1/01 ■^^■■■|HnTi7TFTTRTTTTni^HHI^H^H HAIPHONG SERVICE "3T- r JvEBBB. vov Ism dm PIOMER KIROI 108F96 12m415 words
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Advertisement333 1996-01-12 43 m FAR EAST I 16/01 KEELUNG/KAOHSIUNG 1 14/01 BANGKOK 14/01 MANILA/CEBU 14/01 JAKARTA/BELAWAN/SURABAYA 14/01 PORT KELANG/PENANG/E. MALAYSIA 14/01 BUSAN 14/01 TOKYO/YOKO/KOBE/NGO/OSA 14/01 HONG KONG 1 SIM CHINA 14/01 GUANGZHOU/HUANG PU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EURQPE/UK 14/01 LON/FLX/LVP/SOU 15/01 ROM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIM333 words
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Advertisement496 1996-01-12 43 I STAR SHIPPING AGENCIES (S) PTE LTD zn (xmSShb SBtVKK GOIO STAK UNI LTD SiTH SMPfMG CORPORATION IHfPHONfc 220-6666 (I IMS) FAX: *****70 fcfc *****12 (MAtKETMG) (d NO. IUIMSMOKI It ANERKA/CARMIAN SaVKK W |WT INMUM IMII pi I Iwtl 5i auooaw i«t a/i zjbmmm n/i i/i s/i //i «/a MU496 words
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Advertisement606 1996-01-12 43 (q»» iMQwiworia /!Ss yr-x J NBIUFdMK 18. (03) 24)2323. I aOO»4Qa MOIUNi 10l US. CANADA. UK/EUaOTt. AUSIUUA. (MK rVb\ 'A' K.L (03)*****33. ■BB Hf#M# I ,'*!y? ONS lA<y<w I FWwr (03) 34a9067, *wl fWK#Ar I Mi i-aaa-amaaa ma mm i» iou r»ru* I 1 *°*»M»oo(soa>M| 1an*****«/V4, I CFS Ml 17MU7606 words
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Advertisement136 1996-01-12 43 TOKYO SNMII KAIUN CO PTI LTD HSSII 10 AMBON ROAD #23-15 UIUJ MmNCnONAL PLAZA WOMOM7 TSL: *****28 (6 UNO) FAX: *****06 A *****10 Cflfc **********0S SERVICE TO: BUI EAST/CHWA/EUWOPg 1 10*01/981 TOKYO, YOKOHAMA, KOBE NAOOm 18/01/96) OSAKA, USA BANGKOK, HONQKONQ AND ALL CHMA PORTS 18/01/98| KfWlin 12/01/981 ROTTERDAM SOUTHAMPTON ALL136 words
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Advertisement486 1996-01-12 44 f INO IXnill IHIMINO |m) LTD. V MM I 11 COLLYHI QUAY §06-01 THE ARCADE SMQAPOMS 0104. TIL: *****00 (4 LINES) FAX: *****0S TLX: R*****1 BINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI vrom HKQ BHAJ vnm VOV ETA I ETP ETA I ETP ETA IHP CHANQ YHQ 9617/9618 06/01 06/01 11/01486 words
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Advertisement411 1996-01-12 44 rasas. ssaagi.— ~gS& j HONGKONG US$l/m 3++ I EX "WAN HA1221" VOY. N022 ETA 14/1 j KEELUNG/KAOHSIUNG i EX "UNI OBTAIN" VOY. 0472-AN ETA 18/1 I ICEBU US$45/m*H EX "INTRA BHUM" VOY. 24E ETA 20/1 LOW-LOW RATES FOR CO-LOADERS lwr im I «I w I msa vor m m TTfi411 words
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Advertisement141 1996-01-12 44 r™^ ££i MFL SHIPPING (INTL) SSSff PTE LTD SUBSIOURY OF HAI SUN HUP GROUP FCULCL CONSOLIDATION SERVICES HOT LINES; *****42/346 VKSa VOY EU(SM) MSTWAJKM WITUAN 0107-043E 15/01 KEELUN6 AflSfOK fOK 17/11 HONGKONG chow* sun mn ii/ii Ibm T~ v I) AIiMSSADOtW ftX 1M KAOHSMMG ~li SEAIAN6B OH 21/01 OSAKA MONT141 words
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Page 45 Miscellaneous
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Miscellaneous131 1996-01-12 45 /i 11 n *7f 17^ 11 1 LEGEND: Thunderstorm T«mporoti*e c V Showor W«o(h«r Wind droction with ip—d in knot* Rain II Cloudy Sky Wove height t ■*CBt»d by errows wM, Hy wrtt, tfc. w»d M drd r P, nti COfcn o,l^ond voriatote winds i— On* half Heche represents 5131 words
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