The Business Times, 23 January 1996

Microfilm: NL20518
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    20 1 THE BUSINESS TIMES MITA(P) 04tV1^95 Internet: http://www.asial.com.sg/biztimes S I N G A P o R E TUESDAY, JANUARY 23,1996 85c
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  • Article
    MARKET SUMMARY
    70 1 gill M4BJ2 (+45.34) PI BTCOMP U 2258J7 (+27.89) PI BT-MGA UuaUA (+16.18) U HAXKETXOOD: STOCK MAHET1KD1CES Monday (ha nip' KLSEOOMP 1<K4,~4 „+7.84 NIKKEI *****.54 -M».a HANG SENG 1MmJS_+191.24 SET INDEX 1389.43 +14.40 JAKARTA COUP. 571.32 +8.97 MANUKA COMP 2831.15 +66.83 TAIPEI WPl 5039.00 +1.75 SEOPL COUP 842.89 +0.08
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  • Article
    FINANCE
    69 1 EXCHANGE BATES us$ ss rss 1.423 1.309 1147 DM 0.174 .0.959 Vl» 0.945. l.S+4 Ml- OJtl 0.K7 HK|~, 0.129 0.184 -.0.040 .0.056 RUPIAH 100 .0.044 0.082 PRIME 1ATES SINGAPORE* KUALA UMRJR 8.15 JAKARTA 17.50 BANOKOK 1.1.75 MANILA 15.00 HONOKONO 9.00 TAIPEI 8.00 SYDNEY 10.75 TOKYO SBWL 1100 ZURICH" 4.75
    69 words
  • Article, Illustration
    Lock icon STII soars 45 points to just 22 points below all-time high
    347 1  -  Punters, funds take cne from interest rate scenario to load op on bine chips By. R Sivanithy [SINGAPORE] The local stock market yesterday soared to its second highest close ever, as investors saw little to worry over Senior Minister
    Source: Bloomberg; Source: Bridge Info; ALLAN  -  347 words
  • Article
    URA acts to bring down speculative fever
    557 1  -  Govt to release land to meet up to 60% of total demand for private residential properties By Lee Han Shih, Diana Oon [SINGAPORE] Amid indications that the private residential property market could be stirring again, the government said yesterday that it would release
    557 words
  • Article, Illustration
    Lock icon Kotjo-linked shares hit by rumours of probe into tycoon
    420 1  -  Stocks recover most of the losses when investors learn talk had no basis By R Sivanithy [SINGAPORE] Shares of companies linked to Indonesian businessman Johannes Kotjo fell sharply yesterday on rumours that the tycoon was under investigation by the authorities but
    Source: Bloomberg; ALLAN  -  420 words
  • Article, Illustration
    Ex-QAF chief to buy 65% of Bousteadco, make general offer
    408 1  -  By' William Chia [SINGAPORE] QAF Ltd's former managing director Wong Fong Fui will be making a general offer for Bousteadco at $2.60 a share after acquiring a 65.38 per cent stake at the offer price, or a total of $57.2
    408 words
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      Page 1 Advertisements Column 1
      143 1 mama The (Mf Page We start today a weekly review of the best golf courses in Asia, Pf 10 HBWITMiDI ttmzjtf, thispg. Stocks concefried susceptible to rumours as their prices are supported more by expectations than by fundamentals. Ex-OAF to to* IpWlMin, thispg. Boasteadco likely to trade beyond offer price,
      143 words
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      Page 1 Advertisements Column 2
      34 1 ■■■■nv- Jafyasfo\&- YzwkaogmutSingapore Paragon. Palais Renaissance. Sunter City Mall. Daimani. Isetan Orchard. Sogo Raffles City. Takashimava Kuala Lumpur Star Hill Shopping Centre. KL Hilton. Sogo Pemas Jakarta Plaza Senayan. Sogo Plaza Indonesia J l
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Development cost of SSL's China Square may hit $2,300 psf
      482 2  -  Completed nnits likely to fetch prices equal to or less than the record cost By] Lee Han Shih, Diana Oon STRAITS Steamship Land (SSL) could spend a record $2,300 per sq ft, or a total of $552 million, to develop
      482 words
    • Article, Illustration
      Lock icon R&D spending here topped $1 billion in 1994
      260 2  -  Batamonntisjost 1.12% of GDP -well short of the target of 2% by 1995 By. David Mok SPENDING ON research and development in Singapore crossed the $1 billion mark in 1994, the National Science and Technology Board (NSTB) said yesterday. The finding is
      Source: STPB; JEN CHUA  -  260 words
    • Article, Illustration
      Lock icon Bank loan growth below 20%
      281 2  -  EYE ON THE ECONOMY Finance By ShivTaneja BANK loan growth to profess ionals and private individuals in November fell below 20 per cent for the first time in over two years. The November growth was 19.2 per cent in sharp contrast to late 1994 and
      JEN CHUA  -  281 words
    • Article
      SM Lee may leave hospital today
      174 2 SENIOR Minister Lee Kuan Yew is expected to leave the hospital today or tomorrow, after a successful balloon angioplasty treatment on Saturday. A statement from the Prime Minister's Office yesterday said Mr Lee was transferred out of the Cardiothoracic Intensive Care Unit on Sunday
      174 words
    • Article
      Volvo unit boosts stake in S'pore engineering company
      235 2 NEWLY-INCORPORATED Volvo Penta Asia, a unit of the Swedish maker of marine and industrial engines, has increased its stake in importer Nedco Engineering from 30 to 99 per cent. The $1.96 mUllon purchase from Keppel-linked Singmarine Industries was sealed on Jan 12.
      235 words
    • Article
      Lock icon Comfort to launch new service for customers in a hurry
      285 2 Bloomberg Business News COMFORT Group Ltd, Singapore's largest taxi company, is launching a fleet of rapid-re-sponse taxis for customers willing to pay more for better service. The 200 cars, which the company calls Premier Taxi Service, or PTS, will begin
      Bloomberg Business News  -  285 words
    • Article
      Sin Heng Chan case adjourned
      236 2 THE High Court ordered a one-day adjournment of the Sin Heng Chan hearing yesterday, asking the parties to try to come to an out-of-court settlement. The case involves a trust action taken by Sin Heng Chan's patriarch and founder, Eng Liat Kiang, against his wife
      236 words
    • Article, Illustration
      Festivities bring cheer to hotels that target tour groups
      370 2  -  LUNAR NEW TEAR A HARI RATA PUASA BOOM Occupancy rises to 80-100% but bookings by businessmen take a slide Reports by Ang Wan May THE coming Lunar New Year is proving to be a boon to hotels which target tour groups.
      370 words
    • Article
      Bookings flood travel agencies, airlines
      373 2 TRAVEL agents and airlines are reporting heavy inbound and outbound tour bookings as the Lunar New Year draws near. Travel agents contacted by BT say tours for all destinations have been fully booked from Asian short-haul destinations to New Zealand, Australia and more exotic lands
      373 words
    • Article
      Common exam for all housing agents from April
      405 3  -  Bat IRAS says those who passed previously recognised courses before Jan 1 will be exempted By. Abdul Hadhi CONFIRMING an earlier BT story, the Inland Revenue Authority of Singapore (IRAS) announced yesterday that it will implement the individual licensing of property agents
      405 words
    • NEWS Roundup
      • Article
        TDB forum on German buying needs
        73 3 THE Trade Development Board is holding a forum today to help local electronics-related firms better understand the procurement requirements of German companies. This is In conjunction with a procurement trip to Singapore by a group of German companies. Germany was Singapore's tttlb largest importer
        73 words
      • Article
        Advance Medical Directive panel formed
        86 3 THE Select Committee on the Advance Medical Directive BiH has been formed. It is chaired by Parliament Speaker Tan Soo Khoon. The members of the committee are Minister for Information and the Arts and Minister for f Health Brig-Gen George Yeo, Senior Minister of State
        86 words
    • Article
      Economist: Is the oil sector becoming sunset industry?
      455 3  -  Remedies include drills upgrading, new technology, she says By{ Chuang Peck Ming THERE'S gloom amid Singapore's economic boom. Reflecting on the country's glowing economic performance of the past year at an Institute of Policy Studies (IPS) conference yesterday, economist Amina Tyabji couldn't
      455 words
    • Article, Illustration
      Lock icon President celebrates 60th birthday
      201 3 SENIOR Minister Lee Kuan Yew paid tribute to President Ong Teng Cheong at the latter's 60th birthday celebration last night. In a speech read by Chief Justice Yong Pung How, Mr Lee said: "When I think of Ong Teng Cheong, I think of his contribution to
      THE STRAITS TIMES  -  201 words
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      Page 2 Advertisements Column 1
      117 2 IffjjMM UNIVERSITY HK3 of hull I^EnHuinH Degree ceremony at the Raffles Hotel IVTRA m Intake 28 Jan 96 INNOVATIONS ADVANTAGES First to offer TQM and a Systems Approach to Creative Problem Solving First to offer Entrepreneurship and Project Management as core modules •Completion in 21 months 312 seminar hours; 100%
      117 words
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      Page 2 Advertisements Column 2
      21 2 Republic Plaza Ngee Ann City Odeon Towers Tht Best Building at the Best Locations MRCENTRE *****65 Singapore, Bangkok, Kuala Lumpur, Jakarta
      21 words
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      Page 2 Advertisements Column 3
      13 2 Brilliant or just bold? Pg 4 Self-Lock-Up Office Suites With Complete Secretarial Support
      13 words
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      Page 2 Advertisements Column 4
      58 2 SELLING TO ONE CUSTOMER IN DIFFERENT CURRENCIES. HOW TO MANAGE ACCOUNTS? With FACT, this is very simple. In the same Customer A/c, you may enter invoices, receipts, debit notes, etc. in US$, DM, Yen, S$ etc. No need to open different accounts for each currency, Bteg FACT Real-Time Business Accounting
      58 words
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      Page 3 Advertisements Column 1
      46 3 For A Sizzling Good Time At Only $26+++ Surf Turf Barbccuc \\-inhibit t\t rx f rithns (iiul SiitnrtJti\ t 44# Malayan Motors Iftw A W'lnw to L-n.m'r m- /1• Wkr Jf Hi 1 4VV y W lid Id uiiojlion ;V jfc- f J; y T MSBSttXL
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  • FOCUS: PROPERTY
    • Article, Illustration
      Brilliant or just bold?
      611 4  -  THE PROPERTY COLUMN Has SSL been wise In bidding as much as It did for four govt sites? Lee Han Shih INCLUDING the two parcels at China Square. Straits Steamship Land has won four government sites by bidding $60 million to $130 million higher than the
      611 words
    • Article
      DBS set to be No 2 owner of Shenton offices
      464 4  -  Hy. Abdul Hadhi [SINGAPORE] DBS Bank is poised to become the second biggest office landlord in the Raffles Place/Shenton Way area now that it has put in the highest bid for the commercial site at China Square. Data from property
      464 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      320 4 GOOD CLASS BUNGALOW SITE AT SWISS CLUB ROAD For Sale By Tender Prestigious Address 1 s 9 22T I Site Area of 8,751.3 smapprox. e Freehold Tenure «p Potential to develop King M*p*«WOOd« Nasorni several good class Aw(t 7 1? >v Jinor p< HffiffllX, bungalows Closing date of tender 1
      320 words
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      Page 4 Advertisements Column 2
      211 4 Singapore Business Giving you the winning edge PRIME INDUSTRIAL PROPERTY PASIR PAN JANG ROAD y. !j r i Located along Pasir Panjang Road and ,f across the PSA wharves/ports Easy access to Jurong and city Total strata area: 4,588 sq m/ 49,385 sq ft (8 strata titles) Land area: 2,899.30
      211 words
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      Page 4 Advertisements Column 3
      176 4 Leunff ISOOAkca Worldwide FOR LEASE FORM INDUSTRIAL BUILDINC Tampinss St 92, Singapore aiW I J r v 11 w ■klj: iial ■n| 9 Brand mw 6-etorey light Industrial building Floor araa from 5,000 aqf onwards 5? Excellent corporate image Only 7 minutes drive to Changi kit Airport Provtaion of air-conditioning
      176 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Foreign investment falls with shift to high-tech industries
      438 5 KUALA LUMPUR Japan, US, Taiwan, Singapore and S Korea account for 70% of investments AFP JEN CHUA APPROVED foreign investment in Malaysia shrank last year due to policies aimed at shifting production out of la-bour-intensive industries, Minister of International Trade and Industry
      AFP; JEN CHUA  -  438 words
    • Article
      Lock icon KL may have to up rates: analysts
      265 5 KUALA LUMPUR It may also have to review mega projects to cut large deficit AFP MALAYSIA may have to raise interest rates and review mega projects to tame its large current account deficit if it refuses to put the brakes on economic growth,
      AFP  -  265 words
    • Article
      Lock icon Competition will force some phone firms to go bust: Ramos
      230 5 MANILA Bloomberg Business News PHILIPPINE President Fidel Ramos said competition in the recently-liberalised telecommunications industry might force some companies out of business. "The competitive situation will force each player to prove its superiority," Mr Ramos said. "If in the process
      Bloomberg Business News  -  230 words
    • Article, Illustration
      Lock icon Flying start to trapeze act
      51 5 [PHNOM PENH] A young Cambodian student from the Royal School of Fine Arts bouncing iff the safety net during a high trapeze training session here yesterday. Visiting French trapezetroupe Les Arts Sauts is training students at the school for a series of performances this month.
      REUTER  -  51 words
    • Article
      Lock icon Rahim to resume Umno post
      100 5 KUALA LUMPUR AFP A FORMER youth leader of Malaysia's linchpin political party announced yesterday he was resuming the post he vacated in 1994 over a sex scandal, saying he had been falsely accused. Rahim Thamby Chik's political return followed a Jan 16 decision by the
      AFP  -  100 words
    • NOTE Book
      • Article
        Lock icon Indon jobless rate up 26%
        102 5 AFP [JAKARTA) The ranks of Indonesia's unemployed grew 26 percent to 14.04 million people in 1995 from 11.15 million the year before, Manpower Minister Abdul Latief said yesterday. Speaking after meeting with President Suharto; he said 4.4 million of the jobless had worked for less
        AFP  -  102 words
      • Article
        Lock icon Philippine investment down 28%
        63 5 Reuter [MANILA] Investment proposals approved by the Philippines' Board of Investments went down 28.0 per cent t0334.939 billion pesos (5f18.16 billion) in 1996 from 465.249 billion pesos registered in 1994. Hie state agency said yesterday that it had approved 479 proposed projects from 834 in 1994.
        Reuter  -  63 words
      • Article
        Lock icon Thai budget surplus expected
        62 5 AFP [BANGKOK] The Thai government expects to report a jfl budget surplus of 92.4 billion baht (555.2 billion) for the 9 fiscal year to September 1996, deputy government spokesman Phongthep Thepkanchana said yesterday. The government also targets a year to September foreign debt ceiling of US$3.7
        AFP  -  62 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      145 5 ammhmbbhhhmi i jflHßk I v iflHlEZ^c^i^WililH^^^^^^^^^K#.;; m Wh T i«^ Jofw Da/y steps onto the golf course, he doesn't exactly tiptoe. The man to put it mildly, a lightning storm A hundred million volts of pure golfing excitement. And he has forever changed the game as we know it. There's
      145 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      US offers support for a stable HK after 1997
      320 6 HONGKONG Winston Lord: We have important stake in continuing HK's prosperity WASHINGTON'S top official in charge of policy on East Asia offered US support yesterday for efforts to ensure Hongkong's continued prosperity and stability after the British territory reverts to China
      320 words
    • Article
      Lock icon Software piracy hard to stop
      217 6 BEIJING AFP Reuter CHINA will not be able to end computer software piracy in "the near future", a trade official was quoted as saying yesterday in thB first official response to new US warnings of sanctions over copyright infringements. The foreign trade official, quoted by
      AFP; Reuter  -  217 words
    • Article
      Lock icon Jiang hails better ties with Britain
      209 6 BEIJING AFP PRESIDENT Jiang Zemin said yesterday he was pleased with the improved Sino-British cooperation in recent months over the reversion of Hongkong to Chinese rule next year. Xinhua reported. "We hope that this kind of cooperation momentum can be maintained and developed" on
      AFP  -  209 words
    • Article, Illustration
      Lock icon When morning breaks in China
      52 6 [BEIJING] An elderly Beijing resident looking to the sky as she stretches while performing her morning exercises next to the Chinese character for 'people'in west Beijing yesterday. Millions of Chinese start their day with exercise programmes ranging from traditional martial arts and meditation to modern
      REUTER  -  52 words
    • Article
      Lock icon China eases forex rules further
      148 6 BEIJING Reuter THE PURCHASE of foreign exchange for non-trade and non-business purposes will no longer need official approval as part of reforms under .China's 1996-2000 Five Year Plan, a central bank official said yesterday. Foreign-invested companies will be allowed to buy and sell foreign exchange
      Reuter  -  148 words
    • SINO Brief
      • Article
        Lock icon Tax breaks decision in March
        69 6 Reuter [BEIJING] China will announce details in March on the abolition of tax breaks on the import of capital goods for Sino-foreign joint ventures, wholly foreign-owned ventures and jointly managed enterprises, a customs official said yesterday. Businessmen investing more than US$3O million (5542.6 million) would
        Reuter  -  69 words
      • Article
        Lock icon Trade deficit US$1.2b in December
        48 6 AFP [BEIJING] China's trade balance ended the year with a deficit of US$l.22 billion (551.73 billion) in December, despite an annual surplus of more than US$l6 milHoA official said yesterday. Exports rose to U5517.25 billipn while imports hit U5518.47 billion in December. —AFP
        AFP  -  48 words
      • Article
        Lock icon Consumer price inflation put at 10.1%
        41 6 Reuter [BEIJING] China's consumer price inflation registered a year-on-year increase of 10.1 per cent In December 1996 marking the 14th monthly decline, the State Statistics Bureau said yesterday. That marked afallofl.i percentage points from November.—Reuter
        Reuter  -  41 words
      • Article
        Lock icon Pledge from HK's anti-corruption chief
        61 6 AFP [HONGKONG] Hongkong's new anti«corruption chief yesterday pledged to fight corruption before and after next year's handover to China. Michael Leung, 56, started work as the first local ethnic Chinese chief of the Independent Commission Against Corruption. Mr Leung said he would continue to pursue
        AFP  -  61 words
      • Article
        Lock icon China lists import tariff cuts
        48 6 Bloomberg Business News [BEIJING] Chiha published a list of import tariff reductions, including duties on footwear. Printed in the International Business newspaper, this brings the number of new tariffs announced so far to 2,598. They will be introduced on April l.—Bloomberg Business News
        Bloomberg Business News  -  48 words
    • Article
      Lock icon Taipei denies peace talks after election
      231 6 m TAIPEI AFP THE Taiwanese government yesterday strongly denied a press report that it plans to call for peace talks with China after the Mar 23 presidential election. "There is no such plan at all, and what the report said was absolutely groundless," the
      AFP  -  231 words
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      Page 6 Advertisements Column 1
      1030 6 (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of ASEAN Fund Limited is pleased to make the following announcement: AUDITED RESULTS FOR THE YEAR ENDED 31 OCTOBER 1995 IMS IN4 UM'OOO UM'OOO 1. Investment and Other Income 29.803 49.760 (40.11) Dividends and Interest Received 4.888 5,533 (11.66)
      1,030 words
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      Page 6 Advertisements Column 2
      143 6 Fighting for Hongkong s future, Pg 11 MIND MAPPING \<>rß\\ U ToSICCKSS THE ULTIMATE DEAL yiBHW 1/ mm* f (treat news if you're visiting Hong Kong soon. Until 8 March 1V96 (excluding Jan 7 23), stay in one Jk Ur ncW rrnova, fJ Standard Rooms for |ust HKsl,lso*. Better still,
      143 words
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  • ASIA
    • ASIA Notes
      • Article
        Lock icon Chun, Roh to be charged today
        68 7 Reuter (SEOUL) Sooth Korean prosecutors will charge former presidents Chun Doo Hwan and Roh Tae Woo today over their rolee In the military crackdown on a i960 civil revolt, a prosecution official said yesterday. "Prosecutors have decided to indict Chun and Roh tomorrow in
        Reuter  -  68 words
      • Article
        Lock icon Rao involved in graft scandal?
        90 7 AFP [NEW DELHI] Leaders of India's main opposition party and other top politicians have turned up the heat under Prime Minister P V Narasimha Rao to respond to charges of involvement in a giant bribery scandal. "There is a prima fecie case that the Jain
        AFP  -  90 words
      • Article
        Lock icon Japanese sentiment towards China dips
        78 7 AFP {TOKYO] The Japanese public's sentiment towards China has sunk to a record low, with less than half of those polled saying they feel close to the country, according to a government survey published yesterday. The survey by the Prims Minister's Office on attitudes towards
        AFP  -  78 words
      • Article
        Lock icon Tokyo law to open telecoms services
        73 7 Bloomberg Business News (TOKYO] Japan's Ministry of Posts and Telecommunications plans a new law to force open local telephone lines. The ministry will also change the way it handles mobile phone rate change applications. The new law, aimed at encouraging competition among telecommunications services,
        Bloomberg Business News  -  73 words
    • Article
      Lock icon Two more Indian leaders quit over graft scandal
      143 7 NEW DELHI Reuter INDIA'S burgeoning black money corruption scandal claimed two further victims yesterday when the parliamentary leader of the leftist Janata Dal party and the Hindu nationalist opposition leader in the state of Bihar resigned. The resignations of Janata Dal leader
      Reuter  -  143 words
    • Article
      Enron agrees to cut cost of electricity from India project
      260 7 DALLAS ANSWERING the objections of Indian nationalists, Enron Corp said on Sunday that it had agreed to cut sharply the cost of the electricity that a huge project in India will provide. As a result, Enron said, it had formally
      260 words
    • Article, Illustration
      Lock icon Hashimoto pushes for jusen rescue plan
      654 7  -  TOKYO Finance Minister Knbo says the use of public money to finance the 685b yen plan is unavoidable By. Anthony Rowley DESPITE threats by political opponents to thwart a 685 billion yen (559.2 billion) plan for rescuing the nation's bankrupt housing loan corporations and
      REUTER  -  654 words
    • Article
      Lock icon 2.5% economic growth target for Japan
      193 7 TOKYO AFP THE Japanese government yesterday formally adopted a real economic growth target of 2.5 per cent for the year starting April 1. For the current fiscal 1995, the government had forecast a growth of 2.8 per cent last year, but had to settle
      AFP  -  193 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      354 7 i— a t I Super Business Class now offers a super-wide 82-inch seat pitch! w .imwu^ m rt I 1 Average seat pitch in niiilininiiLLiJ u_i?i.l iill < 111 I'm 11 i i 1111 m*l i Business Class (other airlines). 38 50 inches (0.96 1.27 m) ANA is proud to
      354 words
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  • A BT SPECIAL ADVERTISING FEATURE
    • Article, Illustration
      In the lap of luxury
      1658 8 Nissan, an established household name in consumer cars, has much to offer in its luxury marques HAVING pioneered the Japanese car industry with its first production lines in 1933, Nissan has strengthened its headstart over the years to become one of the world's leading vehicle
      1,658 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Gold surges past US$400, price seen staying high
      353 10  -  LONDON By Neil Behrmann US HEDGE and commodity funds as well as Middle Eastern investment syndicates powered gold through the US$4OO (*****) barrier yesterday. Prices rose to their highest level since August 1993 and traded in the morning in New York at
      Source: Commodity Market; JEN CHUA  -  353 words
    • Article
      Lock icon Debt limit remarks irk White House
      149 10 WASHINGTON AFP THE White House yesterday denounced remarks by a leading Republican senator indicating reluctance to raise the US debt ceiling to prevent default on federal debt. "It is not good for the country to play with the debt limit," said a White House
      AFP  -  149 words
    • Article, Illustration
      Lock icon Snow show
      34 10 [AROSA, Switzerland] A huge bison carved from snow beside two teepees outside the mountain resort of Arosa on Sunday. The 15-metre long sculpture was made of snow by artist Juerg Jenny. REUTER
      REUTER  -  34 words
    • Article
      Lock icon Bank executive fired for embezzlement
      164 10 TOKYO Bloomberg Business News JAPAN'S Ministry of Finance was informed last summer that Bank of Tokyo had fired a senior executive for allegedly embezzling hundreds of millions of yen, the ministry's top bureaucrat said. Vice-minister Tadashi Ogawa said the ministry neglected to make the news
      Bloomberg Business News  -  164 words
    • Article
      Lock icon PLO: Palestinian state possible in two years
      147 10 GAZA Reuter A SENIOR PLO official said yesterday he believed a Palestinian state could be set up before the end of the three-year term of the newly-elected Palestinian interim government. "Its term is the duration of the interim period during which talks on
      Reuter  -  147 words
    • Article
      Lock icon Reforms will not be abandoned, says Yeltsin
      253 10 MOSCOW Reuter PRESIDENT Boris Yeltsin, seeking to reassure foreign investors, yesterday promised that Russia would not Abandon reform but said factories needed cheaper loans to help them stay afloat. "Russia will not turn away from the policy of democratic reforms, the market and
      Reuter  -  253 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      487 10 m-mL M -lr i A I With a Philips Acoustic Coupler, )«ou can record important information I Acousxftc m"nir hftfukflt sfwt uiuu VA. a mvpmjv f'lT" W 7 VU nwnnni wiu jwh rnN T* rew l W.' 4. _.4kf- '"> Sff ~,,-> £j,' ~£fij jira 'we J4XL>> *T V jMUnm&SM.
      487 words
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      Page 10 Advertisements Column 2
      107 10 The Art of Chinese Imperial Style Hardwood Furniture ON EXHIBITION Date. From today until 10 February 1996 (Mon Sat. 10am 6pm) Venue: HUA SHI FINE ART GALLERY Showroom 1: 608 Martin Road. «05-04 Trade Mart Singapore Tel: *****92 (Cnr enters from River Volley Close) Showroom 2: 276 Valley Road. Singapore
      107 words
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  • FOCUS
    • Article, Illustration
      Fighting for Hongkong's future
      767 11  -  After a decade of service to London, lawyer Lo Tak-shing now forges closer ties with Beijing Byl Michael Steinberger The writer is a Hongkong-based journalist who contributed this article toBT [HONGKONG] EAGER to play a part in Hongkong's future, Lo Tak-shing wasted little time burying his
      767 words
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      Page 11 Advertisements Column 1
      680 11 INDONESIA MALAYSIA TAl*** TIJ c**"* hA 'i**o *o*° *C* LIMITED Incorporated in Singapore NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the fourteenth Annual General Meeting of the Company will be held at the Crescent Room A, Level 2, Four Seasons Hotel, 190 Orchard Boulevard, Singapore *****6 on
      680 words
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      Page 11 Advertisements Column 2
      514 11 <5» Christofle Paris BikAL Thl «|pl v 4 i B m. t M if: tr2sM mi K .< \■> >- > J k 1 \SriM i■' iUffii IS* *8 /1 mJB A Sel el Poivre Piccolo: Ssl93 withCST Pavilion Christofle The Shopping Gallery, 102-11/12 Hilton International Singapore, 581 Orchard Road,
      514 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      China, Britain get down to business
      711 12  -  THE BOTTOM LIMB OPINION By Lu Ning The writer is a BT correspondent specialising in China qffairs NATIONS are said to have no permanent friends, nor do they have permanent enemies. What they do have are permanent interests. So last week, a surprised but
      711 words
    • Article
      IN OTHER WORDS
      134 12 'Maybe we can't compete with the likes of a Morgan Stanley in Europe or the US, but we can stand our ground in Hongkong.' -PetarFu managing director of Peregrine Brokerage Ltd, which is helping the Beijing-controlled Citic Pacific Ltd finance its expansion in Hongkong and China. 'People
      134 words
    • Article
      A testing time for Asians
      620 12 EDITORIAL HAVING TAKEN a major step towards ensuring that South-east Asia is recognised as a Zone of Peace, Freedom and Neutrality (Zopfan), Singapore and the other Asean countries cannot but feel concerned about the possibility of nuclear developments in the neighbourhood This is irrespective of
      620 words
    • Article, Illustration
      Keating holds out his hand in mateship
      1060 12  -  Australian PM in new bid to bridge the East-West gap for a place in Asian son By Yang Razali Kassim The writer is BT's regional analysis editor THE NEXT time an Australian says: "G'day, mate," you may want to take it as more
      1,060 words
    • Article
      WHAT THE OTHERS SAY
      411 12 Grvjrtog «f AMriea AS longer life spans and fiscal realities force us to contemplate raising retirement ages, we are likely to be redefining our measure of the usefulness of people we formerly dismissed as old duffers. It's either that or the bankruptcy resulting from an aged
      411 words
  • Page 12 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Return of a Classic encounter
      785 13  -  After nearly three years, the Johnnie Walker Classic, complete with a star-studded cast conies back to Singapore, PTT PPM cham reports EILEEN CHAN A STAR-STUDDED line-up of the very best in the world of golf will converge in Singapore for the 6th Johnnie Walker Classic.
      785 words
    • Article
      Denetron puts up a good show
      238 13 DENETRON Electronics found the Texas Scramble format very much to their liking in the fourth leg of the Golfing World and Business Times Corporate Golf League, sponsored by Moet Hennessy Asia. Blending together superbly as a team, the Denetron players had a winning team
      238 words
    • Article, Illustration
      Towards greater heights in Singapore art
      857 14  -  ART The Singapore Art Museum can help draw talent and build public appreciation Iola Lenzi THE Singapore Art Museum was officially opened by Prime Minister Goh Chok Tong on Saturday in a glittery event attended by other dignitaries and art patrons. On hand at
      857 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      131 13 V. J Golfing World The Business Times THE VIDEO MAGAZINE SINGAPORE < §>WOSIW Corporate League N||/ V presented by v MoetHennessy Asia Pte. Ltd. iva ii I m in* [iii [»i HERMAfIx Transferj^^|^ yX£'& An ingenius way to mount artworks, visuals, photos, cuttings, etc. -J i ll^a»l Easy removal, re-pasting,
      131 words
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      Page 13 Advertisements Column 2
      120 13 RMI6O NETT A NIGHT! JUST HOW DO THEY DO IT?" (Mr. Fiortn O'Keeffe, Accountant) This be one the ever the Golden newly Deluxe rooms come for a mere calculations? Or could it be one mysteries.' Oh now take a break and relax with a cool drink by the For double
      120 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      34 13 POOMESBURYift/ Gary Trudeau II \WLI, LBJ'S fi 'PEAR. MIKBT^., TmA6AINTO\ PSAPALL S \IT. ZONK! PICK MB feor/T 1 I WANT YOUR, j %X)PONe> ITS FROM OOPS, vwmeou?) xmisrrExs- \outa lbttekat I S j.j. custom
      34 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      828 14 Budtweiser I n Ifcllll <££E3ta I j WHERE TO WINE, DINE AND ENTERTAIN FBI- WORLDSuwocstSELUNOB6ER <*■'<*?<3K.~j® 2 f 1 mi i i m hm 9 i .>s&:, M Catch the dynamic Manila Machine a sensational 6piece Filipino band in action at Mischief performing nightly from Bpm onwards (except Sundays). Jive
      828 words
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      Page 14 Advertisements Column 2
      182 14 OPENING PROMOTION! 50% off the original gourmet coffee price for all refills.* Only at j i ll jp-t cvm! I fancy Heijing? I Then, we're delighted to suggest tke9ine Court for ememornble dining experience. Our lunch menu offers e voriety of Hon V* a selection of set oumus, end 'Beijing
      182 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      559 15 SINGAPORE BUSINESS Where to wine, dine and entertain «J. I I Magical coffee house I WEEKEND t Jt'i a celebration! <M Delight the kids with a 3o treat this weekend "Hocus Pocus" and spell bind them with [magic show high tea Every Sunday Adult $12.00+++ 1.00 pm- 1.30 pm Child
      559 words
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      Page 15 Advertisements Column 2
      39 15 THE BEST HAWKERS'FARE AT THE PHOENIX. Tempi your tastebuds with our tasty hawker fare. You'll be thrilled. Lunch: 12 noon to 2.30 pm. Adult: $16.30* Child (under 12): $11J0» For reservations, call 737 8666 ext 129 PHOENIX COFFEE HOUSE
      39 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      855 15 TV&RADIO ■■&■■■<■■■■■ 100 See Wednesday's Sched- 1130 TV Innovations. mi Mil ules um AM Close. _—I^__~ LOO PM M.O.G. As Seen On TV 1 3.00 Jabberjaw (Cartoon). 6.00 AM The Bots Master. 0.00 AM Morning News/CNN. 3-30 Deify and His Friends. 030 Happy Donut House. 10.30 A Family in the
      855 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      265 15 CRYPTIC CROSSWORD ACROSS p I pi K I I 1 Most important to get a stan- dard quantity 8 Housing allowance (13) 11 Constantly on holiday (4) 12 Cereal crops are good given |H| wet weather (5) ri"^^" 13 Island producing copper and __L_LJ___^B_—l__L I barium (4) W>MH ißr--16 Fell,
      265 words
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  • THE GOLF PAGE
    • Article, Illustration
      An uphill course for even the best
      2363 16  -  We start today a weekly review of the best golf courses in Asia, micklaus de crux tours the region to give intimate views of each course, every Tuesday. NICKLAUS DE CRUZ CAREFUL planning and design from dense rubber and oil palm plantations has
      2,363 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      569 16 r, 1 I M E S TOLL—FREE TEL. No. 1-6QO-741-1883 FAX :741 -1 ggS I M THE MATTER OF THE COMPANIES ACT, CHP. 90 AND IN THE MATTER OF MEESPIERSON CORPORATE ADVISORY SERVICES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section
      569 words
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      Page 16 Advertisements Column 2
      18 16 Young I Parents I -When I you I want I the best I for your I children I
      18 words
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  • COMPANIES & MARKETS
    • Article
      Foreign tranche shares chased up over 13% since start of year
      535 17  -  Will more local companies establish foreign tranches for fieir shares? By l Shiv Taneja [SINGAPORE] Buoyed by a huge inflow of foreign institutional funds since the beginning of the year, foreign premiums of local shares have risen by over
      535 words
    • Article, Illustration
      Lee Han Yang is Tibs' new chairman
      151 17 [SINGAPORE] Transport group Tibs Holdings has appointed Lee Han Yang, 64, as chairman to replace John Michael Parker, who died on Dec 7,1995. A practising lawyer, Mr Lee has been a director of Trans-Island Bus Services Ltd (Tibs) since 1987, when the bus
      151 words
    • Article, Illustration
      Thai Danu is the missing link that Finance One's chief can bank on
      764 17  -  BOCK LOCK SEW By Loh Hui Yin NE prominent name will be conspicuously absent from H the list of applicants for new commercial banking licences when submissions to the Bank of Thailand close on Jan 31. That
      764 words
    • Article
      5 Jardine firms buying back odd lots
      145 17 [SINGAPORE] The five SESlisted Jardine companies have forked out US$l.3 million (551.85 million) to buy back about 680,000 "odd lot" shares, which have all been cancelled, the companies said. The companies Jardine Matheson, Jardine Strategic, Dairy Farm International, Hongkong Land and Mandarin Oriental
      145 words
    • Article
      Banks' move will delay IPO: Tianjin Medicine
      366 17  -  By\ Lu Ning [SINGAPORE] The listing of Tianjin Traditional Chinese Medicine Group in Singapore may be delayed because of the moves of six local banks, said a senior executive of the Chinese company yesterday. Tianjin Medicine president Le Heqi told BT from Tianjin
      366 words
    • Article
      Datacraft share price up 20%
      189 17 [SINGAPORE] Shares of network specialist Datacraft Asia shot up almost 20 per cent to a high of US$l.O2 (511.45) yesterday, on expectations of strong interim earnings and interest from a large institutional buyer, said brokers. The firm will announce its interim results on Thursday. Analysts
      189 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        Lock icon Esprit eyes M$765m construction tenders
        149 18 Reuter [KUALA LUMPUR] Esprit Corp Bhd, eyeing a listing on the second board of the Kuala Lumpur Stock Exchange, is bidding for construction contracts worth some M 5765 million (*****.6 million), the national Bernama news agency reported yesterday. The company has submitted tenders for more
        Reuter  -  149 words
      • Article
        Promet gets approval to list Philippine unit
        337 18  -  Construction, housing specialist will offer 75m new shares at one peso each Ry\ Shiv Taneja [SINGAPORE] Promet Bhd announced yesterday that it has received approval to list one of its overseas units the Philippines-based construction and mass housing specialist, Prophil Development Corporation. The
        337 words
      • Article, Illustration
        Schroder Investment launches 4th unit trust
        383 18  -  By I ShivTaneja [SINGAPORE] Two more unit trusts a CPF-approved unit trust under the Enhanced Investment Scheme and one that will invest in North Asian equities are slated for launch over the next 12 to 18 months, Richard Mountford, deputy chairman and regional managing
        383 words
      • Article
        DRB's Yahaya Ahmad begins intl road show
        330 18  -  From Ho Kay Tat in Kuala Lumpur WITH his Msl.B billion (Ssl billion) purchase of Hicom Holdings completed, Yahaya Ahmad is going on a marketing trip to present to fund managers the road map he has drawn up for his sprawling group and
        330 words
      • Article
        Lock icon Tenaga to tap local fund market
        342 18 MBT [KUALA LUMPUR] Tenaga Nasional Bhd, despite its highly successful outings in various fund-raising exercises in the US, prefers to tap local funds for its remaining Msl billion (***** million) funding requirement for the year ending Aug 31,1996. Fresh from a US$l5O million (Ss2l3
        MBT  -  342 words
      • Article
        Lock icon Wharf Cable delays break-even date
        155 18 Reuter [HONGKONG] Hongkong's Wharf Cable faces a tough year winning subscribers as retail sentiment remains dim, so it has delayed its break-even date, John Hung, managing director of parent company Wheelock and Co Ltd, said yesterday. Wharf Cable delayed its break-even date by about one
        Reuter  -  155 words
      • Article
        Lock icon Kumpulan Belton expects M$21m gain
        235 18 MBT [KUALA LUMPUR) Kumpu lan Belton Bhd has estimated profits of M 520.6 million (5511.5 million) from its plan to develop the land which it is acquiring to construct industrial buildings. The development of the project will commence by the middle of this year and
        MBT  -  235 words
      • COMPANY Briefs
        • Article
          Two L&M directors resign
          39 18 [SINGAPORE] L&M Group Investments Ltd said yesterday that Tan Eng Liang and Yap Neng Chew resigned as directors of the company with effect from yesterday. Both ceased to be members of the audit committee too.
          39 words
        • Article
          SES approves Pan Pacific's private placement
          43 18 [SINGAPORE] Pan Pacific Public Co said yesterday it had received in-principle approval from the Stock Exchange of Singapore for its proposed private placement of 4.9 million new shares to finance its investment in a Chinese-language television station.
          43 words
        • Article
          Lock icon Halim Mazmin sees M$7.53m profit
          49 18 Reuter [KUALA LUMPUR] Malaysia shipping firm Halim Mazmin Bhd, which is seeking a Second Board listing, said it expects after-tax profits to rise to M 17.53 million (Ss4.l million) for the year ending December 1996 from an estimated M 56.32 million a year earlier.—Renter
          Reuter  -  49 words
        • Article
          Lock icon Press Metal stock suspended
          59 18 Reuter [KUALA LUMPUR] Press Metal Bhd's stock was suspended yesterday pending a news announcement from the company, a Kuala Lumpur Stock Exchange (KLSE) official said. Press Metal was expected to release its results. Shares of the company, which is involved in activities including the making of
          Reuter  -  59 words
      • Article
        Lippo buys SBC's stake in Indon broking firm
        223 18 [SINGAPORE] Uncertainty over listed PT Lippo Securities seems to have cleared, now that substantial shareholder Swiss Bank Corporation (SBC) has sold its stake to majority shareholder the Lippo Group. Lippo Securities said yesterday that Lippo acquired SBC's 17.2 per cent stake, raising
        223 words
    • REGIONAL COMPANIES
      • Article
        Hutchison Whampoa to sell 25% of UK unit
        508 19  -  Proceeds from float of Orange pic in London will be used to repay telecom holding company's debts From Quak Hiang Whai m Hongkong AFTER months of speculation, Li Ka-shing's Hutchison Whampoa yesterday said it would float its UK mobile telecommunications business in
        508 words
      • Article
        Lock icon Printing problems may affect Fairfax's profits
        323 19 Disruption in Sydney Morning Herald's circulation dne to problems at new printing plant Bloomberg Business News [SYDNEY] John Fairfax Holdings Ltd chief executive Bob Mansfield said printing problems at its new Chullora printing plant threaten circulation of its flagship Sydney Morning Herald newspaper and
        Bloomberg Business News  -  323 words
      • Article, Illustration
        Lock icon Woosung's debts build up
        62 19 [SEOUL] A South Korean worker at the site of an unfinished apartment complex built by Woosung Construction in Seoul on Friday. Analysts yesterday forecast that South Korean companies must make massive efforts to try to reduce their debt ratio in order to avoid problems similar to
        REUTER  -  62 words
      • Article
        Lock icon Exchange to offer futures on H share index
        205 19 Bloomberg Business News [HONGKONG] The Hongkong Futures Exchange plans to introduce futures contracts based on the H share index of Chinese companies traded in Hongkong this year, said Ivers Riley, chief executive of the exchange. The futures exchange will also offer interest
        Bloomberg Business News  -  205 words
      • Article
        Lock icon Samsung in tech tie-up with SGS-Thomson
        129 19 AFP [SEOUL] South Korea's Samsung Electronics Co (SEC) announced yesterday that it had entered into a technology licensing tie-up with France's SGS-Thomson Microelectrics NV in the non-memory chip business. In a statement issued here SEC said the strategic arrangement with the French microprocessor industry
        AFP  -  129 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon SBC Warburg to curtail US ops?
        405 20 Its lawyers so far unable to got regulators to give itabank securities licence FT [LONDON] SBC Warburg will have to curtail its US securities operations unless the investment bank's lawyers can strike a deal with regulators in negotiations for a bank securities licence. The
        FT  -  405 words
      • Article
        Lock icon Merrill Lynch's profit hits US$1.1b
        133 20 Reuier [NEW YORK] Merrill Lynch Co Inc said yesterday an 88 per cent jump in fourth quarter profits left the company with a 10 per cent increase in annual earnings to USsl.ll billion (551.58 billion), the secondhighest in company history. Last year's earnings outpaced a
        Reuier  -  133 words
      • Article, Illustration
        Lock icon Daimler to cut off funds to Fokker, expects 6b mark loss in 1995
        478 20 Company expects return to profits this year with removal of main loss-makers Bloomberg Business News [STUTTGART] Daimler-Benz AG said it will cut off financial support for its Fokker unit, leaving the Dutch aircraft maker to face bankruptcy.
        Bloomberg Business News; Source: Bloomberg; JEN CHUA  -  478 words
      • Article
        Lock icon IPOs set for boost from robust IBM and Microsoft earnings
        501 20 Hot debut expected for techno stocks like led Brick Systems and Open Text Reuter [NEW YORK] A stronger tone to Wall Street stocks bodes well for the initial public offering (IPO) market, where activity is set to pick up after
        Reuter  -  501 words
      • Article
        Lock icon Sony's US video game head quits
        207 20 Bloomberg Business News [TOKYO] The head of Sony Corp's US home video game unit has resigned after three months as president, the latest of a series of shake-ups in the Japanese electronics giant's most important market. Martin Homlish, president of Sony Computer Entertainment of
        Bloomberg Business News  -  207 words
    • FINANCE & COMMODITIES
      • Article
        Japan's pension fund industry in for major shake-up?
        477 21  -  Threat by govt body to withdraw up to five trillion yen managed by 18 insurance firms From. Anthony Rowley Tokyo A MAJOR shake-up in the way Japan's pension fund industry is managed is on the cards as a result of the threat
        477 words
      • Article
        Lock icon Goldman Sachs rejects flotation scheme again
        274 21 FT [NEW YORK] Months of intense speculation on Wall Street ended on Sunday when Goldman Sachs, the investment bank, decided to retain its 127-year-old partnership structure, rejecting a plan to sell shares to the public. The decision was taken at a weekend meeting of
        FT  -  274 words
      • Article
        New BWZ unit formed to service global clients
        157 21 [SINGAPORE] BZW, the investment banking division of Britain's Barclays Bank, has formed a new unit that will focus on serving financial institutions around the world. Hongkongbased BZW Asia said yesterday that the unit, Financial Institutions Services (FIS), would provide dedicated client coverage
        157 words
      • Article
        Lock icon Greenback expected to retreat against yen
        449 21 Economists say dollar will hover at 101.43 yen at end of 1996/97 fiscal year Reuter [TOKYO] The US doUar will likely retreat slightly from recent peaks against the yen in the new business year from April, but is expected to keep its current steady
        Reuter  -  449 words
      • Article
        Lock icon CURRENCY REPORT
        187 21 Reuters f THE dollar was little changed against the mark and a minirally against the yen, on the back of a recovery in the mark/yen cross, run out of steam ahead of 106 yen. Activity was muted after a flurry of activity late last week ahead of Saturday's
        Reuters  -  187 words
      • Article
        Lock icon S'pore trails HK in promoting bond market, says banker
        387 21 One reason is that Republic's banks hold most of the govt bonds Bloomberg Business News [SINGAPORE] The Singapore government could take a leaf from Hongkong's book in promoting an active bond market, according to James Loh, a senior executive of Union
        Bloomberg Business News  -  387 words
      • Article
        Lock icon Oil slides as Iraq agrees to more UN talks
        317 21 ENERGY REPORT Reuter [LONDON] World oil prices were sharply lower yesterday after Iraq accepted an invitation from the United Nations to resume discussions on a UN oil-for-food plan. International benchmark North Sea Brent blend futures opened at US$l6.Bl a barrel in
        Reuter  -  317 words
      • Article, Illustration
        Untitled
        1054 21 ZMTERBAMKCUREBVCT RATES TT77Z 1 11 <— 4pm, Jan a AfatMt IIS$ JImM $f Aoatast U5$ k «>f »w oww cwini m jg Frwrtfrm 28-K>l5 2ft. 1294 5.0605 M4»3 LocmldoUart to one unit of toniffn mrrenty: NHfkMM Mtar 18.40 1941 7 7310 7 7320 ''M cSZToST lmM VSS t22 ®*2S SrS
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    • COMMODITIES & FUTURES
      • Article
        COMMODITY Reports
        899 22 [KUALA LUMPUR] Tin price in the Kuala Lumpur Tin Market held steady yesterday on better buying support, which saw the price rose six sen to M 515.92 per kg. Traders said the market was firm with higher tin closing on the London Metal Exchange overnight. At the opening
        899 words
      • Knight-Ridder Commodity Summary
        • Article
          Venezuela opens oil sector to bids
          77 22 [CARACAS] The Venezuelan oil industry was expected to mark the beginning of a new era yesterday when state company Petroleos de Venezuela (PDVSA) opens the first in a series of bids from private companies for contracts to explore and develop 10 oil fields. PDVSA
          77 words
        • Article
          Good weather will prevent cocoa deficit
          129 22 [LONDON] Exceptionally favourable weather in major producing countries will be needed to prevent a sizeable deficit in the world cocoa market next year (1996-97), according to United Kingdom-based trade house E D F Man. "In the absence of such circumstances, the world cocoa market
          129 words
        • Article
          Malaysia buys US corn, soya beans
          66 22 [HONGKONG] Malaysian buyers late last week bought a total ofBo,ooo tonnes of US corn and 20,000 tonnes of soya beans, traders said. One group bought a combination cargo 0f30,000 tonnes of corn and 20,000 tonnes of soya beans for February, they said. Another buyer
          66 words
        • Article
          Taiwan exporting more pork
          79 22 [TAIPEI] Taiwan's pork exports stood at 19,116 tonnes in December, compared with 16,702 tonnes in December 1994, the Council of Agriculture said yesterday. For 1995 as a whole, pork exports totalled 269,617 tonnes, up from 234,754 tonnes in 1994. Frozen pork exports rose to 14,888 tonnes
          79 words
        • Article
          Morocco buys 130,000 tonnes of wheat
          86 22 [COPENHAGEN] Morocco has bought 130,000 tonnes of wheat for March delivery, a Swiss trader reported yesterday. Other sources were unable to confirm the news, nor the origin of the purchase. The Swiss trader called the tender "very aggressive", done at between U*****.67 (Ss3o7) and
          86 words
      • Article
        Lock icon SIMEX Report
        1067 22 Reuter (SINGAPORE] Eurodollars and Euroyen futures drifted sideways in light morning trade with dealers cautious on a lack of a clear direction. Activity on the futures was said to be light as dealers try to digest the recent Group of Seven meeting and await the Bank of Japan
        Reuter  -  1,067 words
    • Article
      COMMODITY PRICES
      1170 22 SI COM FUTUKBS Jan 22 ttWKR (foturts dosfe* as «t S.30pa) R»1 CONTRACTU «*»A«) ClOM VofcHM OpM w* Uw Srtt (twwt) httfst I F*96 212.50 25 1650 214.00 212.50 2t3.00 425 2650 Apr 96 215.00 210.00 211.50 600 3000 M*96 215.00 210.00 ***** 600 3800 ■*•96 215.00 210.00
      1,170 words
    • Article
      REGIONAL STOCK MARKETS
      4702 23 □Nyo -1*23 WORRIES about an imminent parliamentary debate on Japan's mortgage firm scheme sent share prices lower yesterday as investors took to the sidelines to see whether the scheme would be approved. The Nikkei Average ended down 169.23 points at 20,196.53. The Topix Index lost 15.13 to
      4,702 words
    • Article
      WORLD STOCK MARKETS
      1624 23 rltiiofl +&fl LEADING shares closed modestly firmer yesterday, leaving the FTSE 100 at a new record. Traders said the market appeared to be consolidating after a near 100-point rise in six trading sessions. Prices remain supported by hopes of further UK rate cuts but the mood is
      1,624 words
    • Article, Illustration
      Lock icon HONGKONG
      2460 24 AFX-Asia W Hang Seng +19L24 STOCKS closed higher as foreign investors continued their strong buying interest, moving the Hang Seng index to within 45 points of the 11,000 level. The Hang Seng Index closed up 191.24 at its day's high of 10,955.33 after trading to a low of 10,835.81.
      AFX-Asia; JEN CHUA; BCRUZ  -  2,460 words
    • Article, Illustration
      Lock icon CHINA
      602 24 Reuter f% Shanflaiß Share Infex +0.41 SHANGHAI B shares ended firmer as overseas selling eased but the market direction was uncertain, with most investors sidelined. The B Share Index closed up 0.49 point to 51.88, on volume of four million shares worth US$l.5 million. The index rose because of
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  602 words
    • Article, Illustration
      Lock icon BANGKOK
      1229 24 Bloomberg Business News Fl SET fate ♦14.40 STOCKS rose to their highest level in 10 days, led by financial issues such as Bangkok Bank, Finance One and Thai Danu Bank, on merger speculation. "Foreign money is still coming into the region, giving our market a boost," said an analyst.
      Bloomberg Business News; ALLAN  -  1,229 words
    • Article, Illustration
      Lock icon JAKARTA
      997 24 Bloomberg Business News □Ompodtehda +BJ7 STOCKS surged as foreigners bid some of the market's largest and most liquid companies to record highss. "As long as foreign money keeps coming in, there will be more upside in large stocks like Telkom and Indosat," said a dealer. Telkom was the most
      Bloomberg Business News; BCRUZ  -  997 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Fund managers bid up blue-chip laggards
        7075 25 KOALA LUMPUR Reports Bloomberg Business News Fl Composite Indei *1M STOCKS rose for a second day as fund managers bid up prices on some big company shares that haven't kept up with the rally this year. Petronas Gas, the government's gas distributor and the
        Bloomberg Business News; ALLAN  -  7,075 words
    • WARRANTS & OPTIONS
      • Article
        Fed Furniture: 'A' shares a hedge
        3482 26  -  WARRANT WATCH -By R Sivanithy AT THE start of this month, we highlighted the warrants on Malaysian second board stock Federal Furniture, which at the time were trading at M 51.15. Those who bought then would have made a killing, as the warrants closed
        3,482 words
    • Article
      CLOB INTERNATIONAL
      2022 26 Of Of I9MAM Last Vat Day Last Ouata Mv Dtn VN M HCa» n**» Law Ifa CWNg COOP) MH>» Law »«y«- OaBar Off P/I tHI (20 IN MOO AIM 90C (8 HO 81 (20 (00 MO (B U (I Oi HU UU 07 70.5 a 5001 AMOBSOc 82
      2,022 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1769 27 TUMOVU rooo) VALUl (*000) m* cn» TH1 a* TM1 02.624 40J51 122.975 297.271 77,410 374.001 5f«* n.W2 12,043 23.999 79,442 22,444 101,944 MfMt 4,043 1.7S7 SJ20 12,730 3,194 15.927 Fr«»4mw 10,447 34,993 JU40 49.109 53.155 124.2*4 «4nUM*n <304 4.304 14J94 VM94 4tM UK 27,415 27,415 •LW 20.025 11.450 IUTS *****0
        1,769 words
      • Article
        MAIN BOARD
        4354 27 Or Gr M Wt 199S/98 Lest Vol Day Last Oust* Mv ON YM Net Cap Avg W|> Lew MW» Cewpany >a>a (*OOQ) W;> Law Buyar M«r H Cvr p/| $<■> Ww HHIlHliLI 214 176 1258 AcarSOc US199 -4 142 203 198 197 199 13.4 329.4 494 318* m
        4,354 words
      • Article
        SESDAQ
        863 27 L«* y«l Da* LastOuete C*» Dtl nl IM Call «Mf HNfc La» WW Cwi »ale rooot H>0I L— »rer 8a«er Of P/t tmrn Prtca SESDAO 22 249 6,0 261 23s 244 MS »-0 6.9 0.4 5X3 K)«.3 263 280 50 2001 Asiametrti SOc 216 -I 74 224 215 210
        863 words
      • Article, Illustration
        Lock icon HOT STOCK
        69 28  -  by Paul Leo JEN CHUA Sembawang Maritime fell six cents to $4.58 yesterday on strong volume of 611,000 shares -40 per cent more than the 10-day average of 437,000 units. With daily Relative Strength Index in oversold territory and monthly RSI just above 25, investors should look to
        JEN CHUA  -  69 words
      • Article
        Untitled
        224 28 Sttcfcs VoiWM •Sri Hartamas 18,436.000 Amcoi25c 14,778,000 UPP25C 9,WO,000 RFJM Wt96 6,760,000 •CoMen Phis H 6,*****0 HK Land US$0.1 6.392,000 •IdrisHyd 50c 5.775,000 IPC Corpn5c 5.476.000 S Steamship Rt 5,283,000 HMWt99 4.932,000 Macks Amcoi 25c 63,584,025 •Sri Hartamas 28.041,030 •GoMen Plus H 27.377,000 SIA Foreign 24,984.489 UPf 25c 24,009.250 MSLani
        224 words
      • Article, Illustration
        Market continues climb after a hesitant start
        634 28  -  STOCK MARKET COMMENTARY Kotjo-linked counters tumbled before recovering on afternoon rumours that he was under investigation by the authorities R Sivanithy [SINGAPORE] Trading kicked off on a slightly tentative note yesterday before the market continued the powerful upward climb which started on Friday.
        634 words
      • OH THE GRAPEVINE
        • Article
          The uncontactables
          78 28 JOURNALISTS aren't the only ones having problems contacting the top guns in the corporate world, it seems. The following sentence was found in the latest release by Hongkong-listed Shougang Group. "The directors of Shougang Grand (other than Mr Denis Campbell Bray who is overseas and uncontactable and Mr
          78 words
        • Article
          Two years to change his mind
          66 28 US MANAGEMENT guru Tom Peters, who gave the word "excellence" a new meaning in his best-selling In Search of Excellence, is reported to have cancelled a speaking engagement here in 1994 citing his objection to Singapore's treatment of Michael Fay. But now, two years
          66 words
        • Article
          The world according to two gurus?
          117 28 A BRITISH investment magazine, selling its forthcoming issue, features eye-catching quotes from two investment gurus, Warren Buffet and George Soros. Mr Buffet is a proponent of long-term investment while Mr Soros, he rides with the whimsical markets. "Have nothing to do with the market,"
          117 words
        • Article
          Softly,softly
          131 28 A FEW weeks ago, we ran an item that before the bull was even in foil run, dealers are already stressed out and starting to make mistakes with orders. Yesterday, grapevine received a note—by way of explanation or excuse?—that the noise level in the trading room from "inconsiderate colleagues
          131 words
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      184 17 SHAPE UP FOR WE NEW YEAR! ■n* Start now and look good for the New Year ft nf with Marie France. The r§l Marie France System 1 calls for the least amount of effort to 8 e s ,m y° u can I QSe inches all over or concentrate on
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      242 18 Accounting softwares, Instant or Otherwise, cover a very tiny segment of your Business and give you only presentations of what happened in the past. With Fl-IDEA a Business Software you can now Manage for a better Future. F1 -IDEA covers a much wider spectrum of activities than even the best
      242 words
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      127 18 (g&ptk 24 Mount Elizabeth Singapore *****8 Tel: *****88 Fax *****66 A Mrmkrr »f Far Emu OrgmmiaMam B U S I NE S S T T MRS TOLL-FREE TEL. No. 1-BQO-741-1883« FAX: 741-1298 I Career Opportunities I I in Indonesia I A leading Jakarta Securities firm is looking for qualified f
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      90 19 m t 9K I S CEp e d,dn#t just PSw l-A f: n I 4E3|m wS H I m 111 n >."2 CAPTURE HIM ON H A I ill 1M k I Si 31 M K 'P ab K il F.LM. WE ALERTED IE M u <gEi M 1 mm
      90 words
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      123 20 111 itfi 1 10 -x- H I tini Mini w n* i.I I MWr'"" f ~3H OFFERS THE MOST CONVENIENT RETURNS FROM BANCKOK TO SINGAPORE. With four flights daily to Thailand's vibrant capital, we offer you the most convenient schedule. From 29 October, our flights depart Singapore at B:3oam, I:ospm,
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      160 21 14 TOP MBA PROGRAMS FROM EUROPE WE INVITE YOUNG PROFESSIONALS TO MEET US *mmm'wiwii' wp-'V" i m mmt SDA Bocconi, Italy KU Leuven, Belgium CESMA Lyon, France Manchester Business Cranfield, UK School, UK EAP, France Nijenrode, HSEBA, Finland the Netherlands lESE, Spain Norwegian School of IMD, Switzerland Management, Norway INSEAD,
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      27 24 MASTERING OF TIME FOR THE MAN OF ACTION AND DECISIONS. Ref. 30.0243.410 SoMgold Soto Affwtt: CHYSTAI. TMM (S| PTB LTD 1M: 747 MM Ref 01.0240.410 SMnbss sted
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      109 26 All Ij l r 1 1 1 1I J 1 DT 11 TC)I B A O Subscribe to Name Age: X rlFj UU-L/LilJ OA.VxJV Hie Business Times, Find out by reading The Business Times daily. '~~~«>«» <® Occupation- Tbt/Fax\ I 12 months I i want »o >uOic»t)e tor mont*arSs J
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      111 27 WE'RE A BANK OF KNOWLEDGE ON mm UNIT TRUSTS. TO LEARN MORE, JUST CALL. Investing in unit trusts is a good way to diversify your portfolio. And nowhere will you find a greater body of knowledge about them H than at Citibank. To find out about our full range of
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      566 28 TIMES IN THE MATTER OF THE COMPANIES ACT, CAP. 5* CONSOLIDATED METALS ft MINERALS PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the company deemed to be held on 8 December 1995, the following resolutions were duly passed > 1. SPECIAL RESOLUTION WINDING-UP That the company be
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      Page 28 Advertisements Column 2
      673 28 IN THE MATTER OF THE COMPANIES ACT CAP S« AND IN THE MATTER OF FALCONOV PTE LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP {pursuant to Section ]M| At an extraordinary general meeting of the members of the above-named Company duly convened and held at 4 Shenton Way #07-07/09
      673 words
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      382 28 M THE MATTER OF THE COMPANIES ACT, CAP. SO AMD M THE MATTER OF SYSTME DATAPRO (S) PTE LTD (Incorporated In the Republic of Singapore) SPECIAL RESOLUTIONS PASSED ON IITM DAY OF JANUARY 1«N At an Extraordinary General Meetng of the Company held at 100 Beach Road #25-06 Shaw Towers
      382 words
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      Page 28 Advertisements Column 4
      193 28 Singapore Closing Share Prices 22/01/1996 CLOSE PREV LOW HKJH till#/ USS OSS OSS OSS \llifr Jardine Matheson 8.10 7.75 7.85 8.10 ITgßQf] Strategic 3.40 3.28 3.30 3.40 l lMf J P a, nr F»nn 1.01 1.00 1.01 1.03 Hongkong Land 2.18 2.10 2.10 2.10 ■WPffflffH Mandarin Oriental 1.28 1.26 1.27
      193 words
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      Page 28 Advertisements Column 5
      126 28 I 1 NOTICE NOTICE IS HEREBY GIVEN that, I HAN CHWA KOANG of Blk 7 Bedok South Ave 2 #02-328 Singapore *****7, have applied for a Second Class Beer House licence in respect of M/s Liang Seah Eating Place located at No. 2 Liang Seah Street Singapore *****3, and that
      126 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      323 29 Knight-Ridder, Reuter PANAMAX rates in the Pacific and north Atlantic ended the week on a stable note, and in some cases may be edging higher for modern vessels, brokers said. However, some poor fixtures for owners have been noted for handy-sizes in a number of areas, they added.
      Knight-Ridder,; Reuter  -  323 words
    • Article
      MARITIME STOCKS
      283 29 J—n hi CWT OtoribuMan 173 ♦O.OB 376" Chuan Hup H«Mn«t. L26 unch U Cmco Inwtmant 2.02 -0.01 1M rcLS us *o.a «n FnMM Unfet 0.925 -0.015 51 MIMhtl L32 -0.07 710 hMSwiHie 103 *0.02 MO NtacN ZoMn t)2 uneh 124 mtmmnq* HKS.M J*f HoMSnqs LAS -0.03 165 Juranq
      283 words
    • Article
      P&I insurance costs of shipowners likely to rise
      391 29  -  dnb singles out 3 factors which will increase owners' net liability exposure From David Hughes in London P&I INSURANCE is likely to make up a greater proportion of shipowners' costs in future, as marine liability exposure increases. In its 1995 annual report,
      391 words
    • Article
      Reminder to take care of crews
      269 29 [SINGAPORE] The London P&I Club has reminded its members of the need for all shipowners to make sure their crews are well looked after. The reminder comes in the first issue of a new quarterly publication from the club, the Stop Loss Bulletin, and
      269 words
    • Article
      Lock icon UASC awards US$660m ship deal to Japanese group
      215 29 Reuter [DUBAI] State-owned United Arab Shipping Co (UASC), expecting to report profits for the first time in three years in 1995, said on Sunday it had awarded a US$66O million (*****.2 million) deal for 10 coritainer ships to a Japanese consortium. UASC
      Reuter  -  215 words
    • Article
      Lock icon Dredging of Hongkong port to start in Sep
      273 29 Terminals will be able to bigger ships by mid-1997 Bloomberg Business News [HONGKONG] The government said dredging that will deepen the channel to Hongkong's container terminals will begin in September and permit the port to handle the world's biggest ships by mid--1997.
      Bloomberg Business News  -  273 words
    • Article
      Lock icon 13 foreign companies prequalify for project to upgrade Beirut port
      212 29 AFP [BEIRUT] Thirteen European and Asian firms have prequalified for a US$l3O million (*****.6 million) infrastructure scheme to upgrade Beirut port, according to an official statement on Sunday. The firms include France's Bouygues, Korea's Hyundai, Italy's Grand! Lavori Fincosit, Britain's
      AFP  -  212 words
    • Article
      Lock icon Port Klang firm may offer trucking services
      113 29 MBT [KUALA LUMPUR] Logistics provider Port Klang Distribution Park (PKDP) may operate bonded trucking services. Its chief executive Amran Ibrahim said recently this will complement the services of other transport operators to meet growing demand. PKDP is operating from a 26-ha site within
      MBT  -  113 words
    • Article, Illustration
      Lock icon For whom the bell tolls
      999 30 smppnra m ctprus: cloud of eu membership looms The island shipping haven is negotiating to join the European Union, but its government has promised to look for major concessions to allow its thriving offshore companies to stay in business Fairplay WE D DING I r
      Fairplay  -  999 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      295 30 PACE Ethiopian 6 ACL H Ernett >2 AMI 3 Evergreen 6 Abie 7 Famous 7 Accord 12 ton, Sun 12 Ahrenfciel 4 Frotl 12 Appensh* 4 12 Astro to G Link Express 4 Austral tl Gatewest 12 Avant 8SA 11 Gensfipg 4 Batamindo
      295 words
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      SHIPPING GUIDE
      14663 36 ETA ETA Advertiser Vessel Voyage Pq ETA ETA Advertiser Vessel Voyage Pg SIN Dest'n Name Name No. No. SIN Dest'n Name Name No. No. •■■MHaaMHHMaHannaaHHBBaaHHH MNMnNMMMHMMHMnMMMMMMNMMMMMMMMMMMMMMi 31/01 03/02 ACL SRIMANEE SRM1SS n A 31/01 03/02 Avant SRIMANEE SRM1S3 i Ah|rt|i<( 01/02 04/02 ACL PANCARAN SINAR 990 II 01/02
      14,663 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        465 43 Voy No gfth Arrival Departure JniM (BT) II 2/96 Jl Honpult 23.01/1800 (BD Kurnti M« 1/96 J1 Mongside 23.01/1900 (IT) Sumter Rtpfei 2/96 J1 alongside 23.01/1900 Mm tiHWl N261 J2 (longs* 23.0V2300 Mm "w™ 01/06/96 J7 alongside 23.01/2300 Cutljss 252 jn alongside 23.01/2300 tondo 01/09/96 J2 *tongs.cj* 23.01/1300
        465 words
      • Article
        CONTAINER SCHEDULES
        1656 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Booting/Mane* Rstls »oy Wo Etb/Btr Nrtod Froi To Frwa to "<• n/xno 22/boo 22/»» 22/1400 1 ;voroc arm 2Vmm < 21/1200 21/899 2V1700 tai w"* "a 22/nS H/wm 2VMOO 1 21*700 2VIB9 21,1400 4 2 WOO 2 VMM 21/1700 25.-100
        1,656 words
      • Article
        COCKETT BUNKER MARKET REPORT
        874 43 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        874 words
      • Article
        GLOBAL HOLIDAY
        567 43 JAM 20 Nepal: Market holiday, Basanta Panchami. Lan at Australia: Market and Public holiday, Australia Day. Uganda: Market and Public holiday, National Resistance Movement/Army Day. JAN 30 Nepal: Market and Public holiday, Martyrs' Day. FEB 1 Malaysia: Partly Market and Public holiday, Federal Territory Day (Kuala Lumpur and
        567 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Technicians blamed for US air control blackouts
        399 44 They do not folly understand the new power supply equipment, says FAA NYT [WASHINGTON] The Federal Aviation Administration (FAA) has said that 7 of the 10 major power failures that struck air traffic control centres across the country in recent months some resulting
        NYT  -  399 words
      • Article, Illustration
        Lock icon On cloud nine
        52 44 [NEW DELHI] A group of children posing with a crew member of British Airways in New Delhi. The airline and Unicefon Saturday took 195 poor Indian children on a 240 km joy ride in a Boeing 747 and raised 200,000 rupees (558.400) for their education and health
        REUTER  -  52 words
      • Article
        Lock icon US car makers complain of too few dealerships in Japan
        347 44 New dealerships growing more slowly than expected: report Bernama-Kyodo [WASHINGTON] The "Big Three" US car makers complained in a monthly report last week that the pace of new US dealerships in Japan has been far slower than expected despite the
        Bernama-Kyodo  -  347 words
      • Article
        Lock icon 20-year-old Concorde still good for another 20 years
        325 44 Reuter [LONDON] Concorde, the world's only supersonic airliner, celebrated 20 years in service on Sunday but will still be around for wealthy passengers in a hurry well into the next century, British Airways (BA) said. The first commercial flight took off from
        Reuter  -  325 words
      • Article
        Lock icon Bonn and London agree on Eurofighter production
        221 44 Reuter [BONN] Germany and Britain have tentatively resolved their dispute over sharing production work for the longdelayed Eurofighter aircraft, Germany's defence ministry said. Defence officials from both countries agreed at a meeting in London on Friday that Bonn's intention to boost its order
        Reuter  -  221 words
      • Article
        Lock icon India gets 55 bids to upgrade highways
        238 44 USs24om project attracts bids from around the world AFP (NEW DELHI] India has received 55 global bids to upgrade its highways in a US$24O-million (*****.8-mil-lion) project funded by the Asian Development Bank, the Economic Times daily reported over the weekend. The project, which
        AFP  -  238 words
      • Article
        Lock icon China's military airports used for civilian flights
        170 44 Reuter [BEIJING] China's air force has opened 71 military airports and more than 460 military air routes to civilian airlines since 1990 to ease bottlenecks caused by growing air travel demand. A further 53 reserve military airports were offered to civilian carriers in
        Reuter  -  170 words
      • LOG Book
        • Article
          Lock icon THAI to sell six aircraft for US$123m
          69 44 AFP [BANGKOK] Thai International Airways Ltd (THAI) said yesterday it would sell six Boeing 747-200 aircraft to Langdon Asset Management Inc of the US for US$l23 r million (*****.6 million). The sale of the aircraft, which are to be delivered between March 1996
          AFP  -  69 words
        • Article, Illustration
          Lock icon Rising to the task
          48 44 Reuter [ALEXANDRIA, Virginia] A bulldozer carrying workers as they clear debris from street drains in historic Alexandria on Sunday after the Potomac river roee to 2.5 metres beyond the normal flood levels. The flood is caused by the melting of recent record snow falls.—Reuter
          Reuter  -  48 words
        • Article
          Lock icon Korean Air cuts domestic fares by 5%
          78 44 Reuter [seuulj Korean Air, tne worm s loth largest airline, will cut fares on all domestic routes by 5 per cent An airline spokesman last week said the cute, which will take effect „j§ starting Feb 1, will translate to a loss of
          Reuter  -  78 words
        • Article
          Lock icon Air Macan applies for Taiwan branch
          76 44 Reuter [TAIPEI] Air Macau, a China-owned airline which began 1 inaugural flights between Taiwan and China in December last year, said yesterday that it has applied to set up a branch company in Taiwan. "We have applied to the economics ministry, and from my
          Reuter  -  76 words
        • Article
          Lock icon BMW expects sales to increase in Japan
          96 44 Reuter (TOKYO] BMW Japan Corp expects sales in Japan of between 36,000 and 38,000 cars In 1986, BMW Japan president Paul LayzeU said. Sates in Japan in 1996 for the Japanese sales arm ofßayerische Motoren-Werke AG (BMW) were strong, totalling 34,426 vehicles, up
          Reuter  -  96 words
      • Article
        Lock icon Japan acts to stop gun smuggling by air
        140 44 Bernama-Kyodo [TOKYO] The national police agency (NPA) has sought cooperation of airline companies in its bid to prevent gun smuggling by air, urging the airlines to tighten baggage checks at airports. The agency sought cooperation for impeding gun smuggling from some 50
        Bernama-Kyodo  -  140 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1373 44 CITY FU6HT ETA FU6HT ETP VN741 1310 VN740 MX) Adalalda Of81 1930 Of82 2050 HatVal TG407 2120 TG406 0820 S0228 2120 M895 2340 M896 2020 Amstardam GA897 IMS KL844 OHO Ho CM MM VN74I 1310 VN740 UK) S0327 1535 KL838 2335 S0173 1920 S0174 1430 KLS37
        1,373 words
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      13 29 Cloud of EU membership loams over Cyrus Govt seeks major concessions. Pace 2
      13 words
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      Page 29 Advertisements Column 2
      210 29 Technicians blamed for US air control blackouts They don't ftilly understand new equipment. Back Pace I ix StigApcrg^ i a 'j-yiMft,«»,.. .f'fiji ILLJ-'*'' f Llm How Teck, formerly Neptune Orient Lines' chief operating officer, is now the national carrier's deputy chief W executive officer. The new from Overseas Diary I
      210 words
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      1116 30 WW*—— i QTtamDmmumm i i northamerica j PtftßCT CALL TO WEST COAST OCX} I WEST COAST MMQAPOHE CALIFOfWA EXPRC3S (PWECT FROM WEST COAST) *wr ibm ma u <m va su mi km ok rt ncoarr mm. ml mi Mfg. "fftif "fflf .fIL~ KXWUI- mm a/11 Ml It* m* ll* u*
      1,116 words
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      Page 30 Advertisements Column 2
      255 30 Unee 4 eervice« represented u <* <* Member, ot the 111B§)j Accredited Shipping Agents. £IMjU Singapore Fright Forwarders National Shipping Aaaoc. Association &}mjGMsOm Just talk to us... Iris Lim 740-2044 Patricia Chew 740-1645 Jarred Leong 740-2089 Philip Koh 740-2382 Jl gt ■v/j |.'i| *iiii'ii[N jil j _11 *J *J I[Mi
      255 words
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      1026 31 PAQRC SOUTH WEST DfftiSS (HKICT) *ga |wr m |atro laniip luulc*li—lcnl»rrc|tt. I mm nm I a* I mm iB/111 M/ii Im/ii Im/h lu/n I urn I u/n I is/b I ism I i*/n I nm I u/n I SHBI ma I H/%i 13i/%i I ai/ii !i*/ta I mm I ti>ta
      1,026 words
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      Page 31 Advertisements Column 2
      1478 31 OHANJIN SHIPPING I USA at Iw inf |01| wt wt Kg I wtc I■<| qi |oi tw m m m |r» u/w 17/w i;/w »//w li/w u/w u/w iyw jyg u/w iy/w u/w u/w a/w n/ti 17/w 17/ti H/W W/W M/tl 24/W »/W 26/W »/W H/W 26/W B/W J4/H 26/W
      1,478 words
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      Page 31 Advertisements Column 3
      354 31 EXPORT 3 x Japan -2 x Hongkong •1 x Manila -1 x Kooafcung, Koolung (Accopting KL to BKX/NAHA/SENDAi/CEBU/lQi) W Wh m, HWMOW»TYOViXmW6«AUft T jaaam —sm—our mi- an jml aa sm mm qmi aa <u» tauwxK oi« Hjr hji- aa >yj» gyjj omi im -Km* fii—2ui mic mi jul aa mi
      354 words
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      Page 32 Advertisements Column 1
      1088 32 rasa VOY HAM ran ANT LHA 570N rKEANG SIM HKG UO IYO M IOK MAC MYIftOCYON OVWI 3/1 VI J/1 77/1 30/1 ~W~ t/7 4/7 1/1 1/7 J«ws n/«i w\ v\ ton S7i wT~ \n L J*l* w\ m W7 W *7?"T5 —its °i£9L_U£ "/i ivi h/i yi y? I/i
      1,088 words
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      Page 32 Advertisements Column 2
      850 32 Il NORASIA I Ai BCL VAi. HAM BRE ROT ANT FSL LHA MRMMmUURG JSfi £23 1222 1W? W M W B« 2£i V£2£l££2S£ amHmammm am am am 2oMme22uS 7 **2 BM3 U*3 KM) UM3 MM3 OM3 OMO 17«3 St IBW MM IBBS 11*3 12*S 12*3 148S SEA ENDEAVOUR M7W 21
      850 words
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      Page 32 Advertisements Column 3
      595 32 J I JAPAN/HONQKONQ/STRAITS REGULAR SERVICE I LOADING FOR PORT KLANG/PENANQ "vtiitL VOY S'PORE P MUM Ptt frS wwm M_ *4JAII nMI ■A*-™ tt JAM 97 JAM MAJUJAYA I "SJST~: niM I CHUNKUAN iriiMr- Fffl CALAYAN WIS 7~ > M H PANOANB TIMOfI LIMA 2 KF» "I m YAYASAN TUJUH II
      595 words
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      Page 33 Advertisements Column 1
      802 33 PW STRAITS SHIPPING PTE LTD IB MB II Nm Cklaat Rmhl #11-91 Ktpptl Towar* Slfpara 0208 Tt<: 22S07SS Fax; *****17 smAjrs STAfI vwox MiWn Mwn"i wTom*.*""" wa,ua. cwtmm«*m> wmw> to— M> tTDMISHOK VMIX BU MM Mmh, LMm ft Mi KMtM MffiWCt KIT ITOHf i STRAmi Hi I*". *OBfITU WW SMI
      802 words
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      Page 33 Advertisements Column 2
      1613 33 RfeO PAOciStam (Singapore Agencle.) Pte Ltd VRfcv First Cla^C^""^RlDmDE DO">i€ maers* So; "r£y ?vv *?c. m?o. L H unoo« malrsk asm c£m »/r- Lj alo md tm *w prov»owce BAY mis tw 25/01 27/01 ira i»/02 17/02 17ah boo? OMM OTAE 7m* IMn j"*" saw siam CAROKJANBAY 5617 28/01 37/01
      1,613 words
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      Page 33 Advertisements Column 3
      383 33 OUTBOUND FW. FBI JOM «M HB UP W B m T« HI MM MM ""P 8 18 iy °W a* l «u> twlj-Wpi'" W MM MM 212 MM »F 2W7/ti "W W "BS~ UST WB~ TRF ffW ~SM~ MMHM2HMBI n*i am am *-nm mFIw jrirww W BWPW JSLaiLJM! Wt TO
      383 words
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      1111 34 I MP ROM ARM HBO TW LHV IHV TUP ROM ANW H6G PKL SGP I E RfFWf RW-M4 1/2 23/2 24rt 2V2 27/2 24/2 E GATHER RE-664 24/12 38/12 2V12 27/12 21/12 23/1 29/1 lE. REPUTE RW-662 117 1/3 2/3 3/3 M 0/3 E GRAND REOSS 31/12 1/12/ I 3/1
      1,111 words
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      Page 34 Advertisements Column 2
      912 34 I- KMC VBSa VOY AM MP DM AMI MM UN KWT Ml rtSSfl VOYACI MB ABU MM UM SAP I "a® l SgjES Jft! 2$ ?JS w/w h" 0 o»wf 5Ei !<* 3w mi B*l I ffUN 03H404W MM 01/tt I<W7 IVD3 13/B HUM *****031 19/01 »/»l »/fl| Ai>oaoo«p*ngF(X to
      912 words
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      Page 34 Advertisements Column 3
      615 34 gMCMFELD MAMNE AOENCCB (5) PTE LTD TEL: *****33 (12 UNEB) FAX: ***** IS/*****09 TELEX: R8 ***** MBMP (3 Urns) CR NO: **********0E fcr3rx ■KTr ITHHtfttN f (NatkmlLtowrfElttopfa) ACCEPTING FCL AND CONVENTIONAL «TA Soor» Amfcwt 42W8 28/Q2 i Atoyot 43M8 2MB H weh hums like FULLY CONTAINERISED REGULAR LINER SERVICE ACCEPTING
      615 words
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      394 35 Mfstuumn MM-mmvs NEW TOM 28 DAYS SHIPPING PTE LTD K2?K»«». JSSX-« mm'W"* on£f»»7Mww» WMM m rm nSfri? f T f**' MHOHt OrrKt U '7 823KW"" BIT DO H2HMUSI COSTAH MIOCUS(MI iOK MO In,9M Til 17-SUIIU/117 Hi. 17 SUII7I I COSCO'S NETWORK I j. ALONG CHANG JIANG RIVER GAOGANG y-^7™ YANGZHOU
      394 words
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      Page 35 Advertisements Column 2
      412 35 ©HEUNG-A SHIPPING (KOREAN FLAG) Ot NO: **********0 M I FUUrCOWTMHBttS»SaVK3 MO4ONMtKTEXPRESSSVC nuram Ii» li» iMliln |»m in |m llnnm Iw.lml—l S II Us sg Mbilsil.^l^lg^l^l^feml^l'^l gjfM ni Of IFMfll I WHti 117/H 131/tl 105/02 I jCH I M/t2 17/ MI IIVM I \kM I 1 1 1 1 |l vb.
      412 words
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      Page 35 Advertisements Column 3
      392 35 I FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) Weekly Sailing To a I I AUSTRALIAN PORTS FOR MORE DETAILS CALL KEN SIM VERON ONG I *****33 I P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 QLOBEUNK
      392 words
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      Page 38 Advertisements Column 1
      465 38 BKAPAL KRIS Shipping Pte Ltd 701DUXTON ROW, STORE OJ9SM T«fc *****76 ta:JJ«IJ77 ~„,o n nAAr CR NO. 10y319S0Q0QG SYARIKAT PERKAPALAN KRIS SENDIRIAN BERHAD k 309-609 BLOCK A GLOMAC BUSINESS CENTRE, 10 JAIAN SS 6/1, KELANA JAYA, P.O. lOX 8428 ***** PEVtUNG JAYA, SEUNGOU TEL *****77/78/79 FAX: *****07 TEEX: MA *****
      465 words
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      Page 38 Advertisements Column 2
      218 38 wFPeHTWFWWW WPVIHPJ ".-J w i fimnin w- m■ SOUTHERN AFRICA SERVICE ffOtfST hooucts savw) FMM: W CWWai/WK£ EMT T»; FM BUT direct monthly saiunqs won savia vßsa/voT sw imamm wmm mm VBSa U TM SM K m (M CT TAW SKN KKU TMA TIBANDOTVII9 31/11 13/02 17/12 W/02 OBIT AOWB
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      Page 38 Advertisements Column 3
      260 38 lb*-i ■iIMJIMII.IUJ a THJ* RAMAN ROAD «M CTTVORT CBITRE, STORE MM TEL *****11 (6 Hint) FAX: *****06 TIX RS ***** CR NO. *****14Q00QW VEUa VOT. EU ETO DUIMMM ■MMinM mm mm nmm umm MI an* ZMIM W— ■mum mm nmm zmim im ■mba mm vmm vam mrmmtmmi UMU MM 2MIM
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      Page 38 Advertisements Column 4
      45 38 Astro Shippteg Pta lid WEEKLY CONSOLIDATION SERVICE Tele-Games Crack 'i Safe Test your skill against our "Super Safe" Computer. Break the 4-digit Codewithin 10 tries. Or else, you'll b£ caught ...by our ever vigilant "Tele-Cop'. Cost: 30 cents a minute MFBline An SPH AodioTcx Service
      45 words
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      646 39 mm MYANMA FIVE STAR UNE (My—w N«ti*««l Um) loadfaf far Yaafaa (R vissa vor m m nn nsu tPUUBMVSOY ra st» MTORUTWA l]» U MPT HUM Man* mm smppmi Aswan OL IB OVO3-J*****0 nt m 0103-37*4101 nt m n-o+unm no. m ommsll3ji/« BANK LINE (A »er*k> >1 An*ew Wefr Sbipphu)
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      Page 39 Advertisements Column 2
      1071 39 ADVANCE CONTAINER LINES (PTE) LTD API 140 CncM Street 12-00, PIL Building. Stngapora *****0 Mw Li TEL: *****21, FAX *****10, TELEX RS ***** ACLPL CR NO. **********06 ]MJtgKOK JAKARTA r* j fiMUiiy toMt n W to Itt'l V6WB- vov m aw aw voom Ivor F" m m m BiZA .228
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      Page 39 Advertisements Column 3
      773 39 wnon n voy am D*Mgra iinwt Hamburg thamebport bqttetoam antwew MLLE OE CAPELLA TlWf Z7/91 07/02 IMB IMB 2UW \ALLE DC LIBRA LIS* OMB 12AJ2 2MB VU£D>AOULA AI3MT 07AB IMB 27/Q2 OMB |vHEOECARWA |ci3W 13AB 3MB QMS ***** o*o3 i« vDS ALSO ACCEPT**} CARGO TO ALL U K. DESTMATtONS. SCANDINAVIAN
      773 words
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      888 40 I■! 1 VtMgL 1 [vessel vov sin pen M B VESSEL VOY imi BKK EAOLE TIQg 111 TM« In Pt St 27/01 STAMFORD 6708 ~Tu» In Pt Thu 28*1 rathabhum tu. MMfcHMI aiSfi «ssL _Bsc_l ™"**i I!S_ I™__2S!_ a MATHU BHUM* 263N Wtad 24/01 Hi 27/01 WWA BHUM 13S1 Ed
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      Page 40 Advertisements Column 2
      700 40 7» ANSON ROAD, §21-01, SINGAPORE 0207 C R **********0N «TRAIT« tHUTTLE MHVICI ~I PORT KLANQ PENANQ vma voy »m pb. [vessel vor j™ m SEAIAUREL 454N 2MISUN 2MI MON SUSAK 2&01 SUM MCC VANTAGE ***** 2901 MON 31/01 WEDI PAOOf.iAnv ZL yt* SEA LAUREL SaT 0102 THU U202H0 I SBjjSL:
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      598 41 AQ SINO IXPRISS SHIPPING (PTI) LTD. M I 11 COLLYER QUAY §06-01 THE ARCADE SINGAPORE 0104. —J TEL: *****90 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTRANB SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI SPORE HKQ SHAJ VESSEL VOY ETA I ETD ETA I ETP ETA I ETD Wt FAgTSR 2821/2622 20/QI 21/01
      598 words
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      Page 41 Advertisements Column 2
      471 41 hfcAa MN CONTAINER LINES, INC I AfMrts: MAC Hfflt SPORE: {WflWttf (24 UMKS) kuchmq: f0«2)4244» 1~1V > J WWiHWWWMI SBU: (OW) *****9 MAWLA. EMUIHWI UV PPWWLpqWm BANGKOK: (MS)2MWS7 SURABAYA: (31) tOIMO PKRAMQ:fOg)M«T7 JKT: (21) WOBIO7 MDttfrl) *****3 BAWDUNQ (22)*****86 CEBU mv "INTRA BHUM" V.25E ETA 2/2 VANCOUVER (B.C) MTL/TOR mv
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      Page 41 Advertisements Column 3
      96 41 I WBBavaUUHCTO OS STATES (VIA BANDAR ABBAS/BUSAN) UKRAINE (VIA ODESSA) MOSCOW ■■■wwv II (VIAFVRMO) 1 THE RUSSIA SPECIALIST ACCEPTING BOOKING FROM FAR EAST,? INDIAN SUB-CONTINENT AND CHINA MAIN PORTS. mLmmmmm vessel voy am jkt•®TOSA MM 24/01 27A>1" SCRAYA JAVA 200SR 20A)1 29/01 •CMANO JAVA ORVDOCKMQ AT JKT ALL VESSELS BERTH
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      506 42 SffIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 740-6000 J? Sentosa LES Inmarsat-C/ C-Plus services. D i us W j+H Ensure you get the message everytime. Sentosa LES Inmarsat-C is a compact Sentosa C-Plus service is a full range of Sentosa packet data communication system
      506 words
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      Page 42 Advertisements Column 2
      312 42 quality which has The Total Transportation People embraced by all at Visa Freight Transportation ■S, m n fSTASUSHCD SmtCf IM4 ns VISA FREIGHT SERVICES PTE LTD tISSSSfL 10 Anson Rd #2009 International Plaza Sngcpore *****3 V/ICA CDCI/=iJ T Tel: 65-*****66 Fax:6s-*****86 Telex: RS ***** VISA VISA FREIGHT TOUFREEV: 1800-*****66 SERVICES
      312 words
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      123 43 I I LEGEND: R Thunderstorm Temperature c V Shower Weother Wind direction with speed in knots Roin i Cloudy Sky Wov height > wm ""d* o fc* Orrows which Hy with the wind Cl) One Ml circle represents calm or light and vanobie winds One hoW flee he represents 5
      123 words
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