The Business Times, 6 February 1996
1996-02-06
1
48
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The Business Times
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Title Section12 1996-02-06 1 THE BUSINESS TIMES MITA(P) 046/12/95 SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, FEBRUARY 6, 199612 words
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Article69 1996-02-06 1 m *****1 15.84) if ROW U 230L75 (+20.62) H IT-mba U H8&36(+12.32) Q MJJUETMOQD: CTOCillgETDaWCES Monday danm KLSEOOMP 1079.88 +17# NIKKEI *****38 -***** HANG SENG *****.12 +14.72 SET INDEX 1410.98 -1.0 JAKARTA OOHP.—591.14 +157 MANILA COMP 2919.24 -8.02 TAIPEI WPI ....4759.25 .-39.83 SEOUL COMP 890.18 +105 BOMBAY BSE3069 words
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Article63 1996-02-06 1 BlCHAmB BATES uss ss U» 1.417 1 1.552 i»70 m ..0.677 .0.959 V10® 9.9*1 1J42 W 0192. .0.965 HKS 0.129. 0.183 BAHT 0.000„ 0.066 RUPIAI NO 0.044 OM noBiism SINGAPORE* .._.C44 KUALA LUMPUR. 8.15 JAKARTA 18.00 BANQKQK.. 1126 MAMA... 14.56 HONGKONG K75 SSI m» amcr* j.750 fRANKFURT*** .5.00 LONDON63 words
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517 1996-02-06 1 Ho Kay Tat - Speculators drove np 2 issues last week, with premiums topping 300% on first trading day From Ho Kay Tat in Kuala Lumpur WITH the speculative fervour in Malaysian second board stocks cooling off a little, market syndicates appear to be turning their attention to517 words
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Article, Illustration263 1996-02-06 1 R Sivanithy - But hedge funds may heighten volatility: analysts By] R Sivanithy [SINGAPORE] The Straits Times Industrials Iridex'yesterday smashed its way to an all-time closing high. Led by large gains in SPH and Keppel, the benchmark index settled 15.84 points higher at 2,484.01, beatingJEN CHUA - 263 words
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Article, Illustration347 1996-02-06 1 Jennifer Lien - By Jennifer Lien [SINGAPORE] After a heady year of growth, Silicon Valley upstart Netscape is coming to the Asia Pacific to ride the big Net-surfing waves sweeping through the region. Netscape which saw its stock soar from its August's initial347 words
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117 1996-02-06 1 AFP [DAVOS, Switzerland] Europe attracts four times the capital investment of Asia, and will remain the top world region for international investors for some time, according to a study released yesterday. Direct investment in Eu- rope will continue to exceed that inAFP - 117 words
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Article, Illustration592 1996-02-06 1 Conrad Raj - Transmarco's exec increases stake in Amcol to over 9.5% Byy Conrad Raj [SINGAPORE] Sukamto Sia has baffled market observers with twin moves increasing his stake in local trading and property group Amcol Holdings and becoming the largest single shareholder of Hong-kong-listed592 words
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Page 1 Advertisements
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Advertisement135 1996-02-06 1 diode BqwHkPhn What City Dev's purchase of the remaining 30% of its flagship Republic Plaza means tor its share price, n« HBWS TMIOB «ynmmtm nt bs rsapfcgsp IPOs, this pg. Unhealthy. Then again, it only hurts feort-sellers. ♦fIH kits ranrl U£, this pg. After previous high of 2,471 on Jan135 words
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Advertisement5 1996-02-06 1 Regional stock markets, Pgs 27-325 words
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Advertisement79 1996-02-06 1 1 A v 4 i y v *1% M.jn!•«Mj hi i,lli ,i fl.il |i v*. 11. i rt.iti It Ink v\liil.- _i,|.l. -.vt'li ili.im'.ri'l- 111.j -.l|'|'(lM IMmT l:« T p. .It .)|,i: M\LIU)LSSI\ -/n < I S I In- ,|,i. K< l\ I I I U Mill < MM I79 words
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SINGAPORE AT HOME & ABROAD
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536 1996-02-06 2 Teh Hooi Ling - Sun City buyers want deposits back while developer of another project continues to ignore investors Teh Hooi Ling TWO China property disputes which surfaced here last year have remained unresolved, with one groupj of buyers banding together over the weekend to demand a536 words
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Article, Illustration483 1996-02-06 2 Yang Razali Kassim - Bat we must have confidence to believe that what we are doing is right, he says By Yang Razali Kassim IT is unrealistic for Singapore to expect the United States to agree with everything it does, Yeo Ning Hong said483 words
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Article, Illustration422 1996-02-06 2 Shiv Taneja - Plan to launch CPF unit trust for regional equities early next year By I Shiv Taneja Yamaichi Capital Management (YCM) has become the first Japanese fund manager to get approval to manage CPF savings. YCM Singapore's managing director Ichiro Sasaki told BTARTHUR LEE - 422 words
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Article391 1996-02-06 2 Anna Teo - EYE OH THE ECONOMY GDP By Anna Teo THE economy which time and again has sped ahead of market forecasts is likely to outperform projections again this year, says Nat West Markets Singapore. The official forecast for real gross domestic product (GDP) growth in 1996391 words
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452 1996-02-06 2 WORLD ECONOMIC FORUM Voters who hack opposition may find they hove a govt they didn't want, he says The Straits Times {DAVOS, Switzerland] A major issue that voters will have to grapple with in the coming general election isThe Straits Times - 452 words
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195 1996-02-06 2 The Straits Times [DAVOS, Switzerland] The experience of other countries has shown that governments are not totally helpless when it comes to battling unsuitable material on the information highway, Deputy Prime Minister Lee Hsien Loong said on Sunday. "This is a problem whichThe Straits Times - 195 words
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301 1996-02-06 2 Jenny Lam - By Jenny Lam SOUTH Buona Vista Centre and an adjacent detached house have been put up for sale by tender in what may be the* first joint sale of a commercial/residential complex and a landed property. Located at the junction301 words
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Article, Illustration539 1996-02-06 4 Kevin Sullivan - ASIAIf AEROSPACE TO Asia-Pacific now seen as strategic growth area for international arms manufacturers By Kevin Sullivan AEROSPACE companies from the US, Britain and France, which together account for 90 per cent of air defence procurement sales worldwide, yesterday began a week ofARTHUR LEE - 539 words
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Article, Illustration295 1996-02-06 4 Rahita Elias - By Rahita Elias ASIAN carriers failed to bag any of Air Transport World's (ATW) 22nd Annual Airline Achievement Awards presented yesterday evening. Instead, Australia's Qantas Airways was tops. ATW, a USbased monthly aviation publication, presented the carrier with the Airline of the Year award for 1995295 words
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161 1996-02-06 4 SINGAPORE Telecom has awarded a $9.9 million contract for new transmission equipment to Teledata (S) Ltd. Teledata will supply the equipment based on synchronous digital hierarchy (SDH) technology, which will enhance the reliability of SingTel's international and regional telephone network. SDH is a transmission standard161 words
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232 1996-02-06 4 SMALL and medium-sized enterprises (SMEs) in Singapore and Britain have been urged to link up and venture into new territory together. Making the call in a speech at the Singapore-British Business Council (SBBC) luncheon yesterday, Minister for Trade and Industry Yeo Cheow232 words
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Page 2 Advertisements
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Advertisement267 1996-02-06 2 Washington should stick to one-China policy, says Haig, Pg 10 v' j |£Y<JV i There's a new and exciting way of meeting face-to-face with anyone, anytime, anywhere in the world, without having to leave Singapore. How? Through the wonders of video conferencing at Trade Mart Singapore. With the latest communications267 words
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Advertisement25 1996-02-06 2 Republic Ngee Ann City Odeon Towers The Best Building at the Best Locations Singapore, Bangkok, Self.Lock-Up office Suites Kuala Lumpur, Jakarta With Complete Secretarial Support25 words
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Page 3 Advertisements
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Advertisement439 1996-02-06 3 A History of Performance. 1914: The Kew Observatory certifies 1979 Dr. Sylvia Earle, UPHUjj Rolex as the first wristwatch in history diving to a depth of 1,250 to outperform the pocketwatch. feet in the JIM diving suit, 1 nor times her descent on her The world s first truly Rolex439 words
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Page 4 Advertisements
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Advertisement109 1996-02-06 4 V J'■ V* RMI6O NETT A NIGHT! JUST HOW DO THEY DO IT?" (Mr. Fionn O'Keeffe, Accountant) This be one the ever Deluxe rooms come calculations? Or could be one mysteries? Oh any take relax a the For double occupancy, inclusive of ABF, RM 190 nett. Price applicable from February109 words
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Advertisement121 1996-02-06 4 This festive season, cruise in comfort, elegance and safety in a Sintat car. Wheel in the festivities knowing that you've made that move to rent a quality car Come to Sintat for a taste of luxury on wheels now. You'll feel simply miles ahead! V sitVnr Singapore City 60 Bendemeer121 words
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FOCUS: PROPERTY
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Article, Illustration712 1996-02-06 5 Toh Han Shih - They are among the top foreign investors in Perth's CBD By' Toh Han Shih COMPANIES and individuals from Singapore have fuelled a real estate boom in the Western Australian city of Perth in recent years, in particular in the hotel sector. Total investments byJEN CHUA; ARTHUR LEE - 712 words
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Article, Illustration726 1996-02-06 6 Lee Han Shih - THE PROPERTY COLUMN Paper gain probably one reason for counter hitting record hlgb By Lee Han Shih IT may not be the deal of the century, but City Developments' purchase of the remaining 30 per cent of its flagship Republic Plaza surely comes close726 words
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Article, Illustration245 1996-02-06 6 [SINGAPORE] These Urban Development Management Co Pte Ltd (UDMC) flats in Nassim Hill may eventually have to make way for new developments. A UDMC spokesman confirmed that lease terms for the walk-up apartments had just been revised from a two-year lease to a monthly tenancy. Such245 words
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Article248 1996-02-06 6 [SINGAPORE] Local property and trading group Chesterfield International will be building six residential and commercial property projects in Bangalore, India. The first of these, La Suisse, is a $52 million condominium project scheduled for completion in February 1999. Phase one of the project will be248 words
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Page 5 Advertisements
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Advertisement201 1996-02-06 5 ■MjIPHSHMMii FOR SALE 1. ANG MO KIO IND. PARK 2 3 storey fty; Land 55,700 sq. ft. Bldg 43,500 sq. ft. 60 yr from 1980. Vacant Possession 2. JLN PEMIMPIN Phold 8 storey fty with redevelopment potentialLand 20,000 sq. ft. Bldg 33,400 sq. ft. SS 18m 3. AMTECH BLDG, SIN201 words
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Advertisement153 1996-02-06 5 111 Ariane 5 Exocet Building partnerships in aerospace technology. Aerospatiale's success is built upon technological and qualitative supremacy, plus the Group's unique ability to exploit the synergy which characterises its achievements. This is clearly shown by Aerospatiale's pioneering development of satellites with military and civil launchers such as Ariane. Cutting153 words
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Page 6 Advertisements
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Advertisement150 1996-02-06 6 1 The 1 Business Times StuurpoTi D6opor A bold new look and a fiesh approach to the news and views. •Faster with the news, and with the meaning of the news. Shaiper focus on business and markets. Deeper analysis of trends, and more opinion and commentary. I Start my [TheßusimssTimes150 words
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Advertisement196 1996-02-06 6 PRIME INDUSTRIAL PROPERTY PASIR PANJANG ROAD Located along Pasir Panjang Road and Total strata area: 4,588 sq m/ 49,385 sq ft Land area: 2,899.30 sq m/ 31,208 sq ft Master Plan Zoning: Industry (PR 2.5) HB Queenstown DGP: Warehouse (PR 2.5) For investment report/tender documents, 1" please contact Sole Marketing196 words
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Advertisement195 1996-02-06 6 OUTDATED BATCH PROCESSING TO REAL-TIME ACCOUNTING It means no more validation, posting, updation, I day end, month end, etc. You make an entry and everything is done automatically, instantaneously. V Check out the power of FACT Real-Time Business H^RHB Accounting Software. Toll Free 1800-*****32 A 2 ACCOUNTING > 1 POWER195 words
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SOUTH-EAST ASIA
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Article, Illustration443 1996-02-06 7 Ho Kay Tat - KUALA LUMPUR 1995 current tccMDt deficit will not topMs2obas gap after October narrows Amur By] Ho Kay Tat FINANCE Minister Anwar Ibrahim yesterday took a swipe at investment analysts who expect Malaysia's 1995 current account deficit to top M|2o billion (Ssll billion),443 words
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256 1996-02-06 7 KUALA LUMPUR AFP MALAYSIA yesterday announced measures to farther deregulate its banking sector by extending a two-tiered regulatory system now in place for commercial and merchant banks to cover finance companies. Deputy Prime Minister Anwar Ibrahim said the move would makeAFP - 256 words
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NOTE Book
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54 1996-02-06 7 Reuter Indonesia planned to import aboat two ;v f million tonnes of cement end clinker thisyear, compared wtttt U million in 1996, said demand was expected to rise by about 16 per cent to 27 J million tonnes this year from *U million tonnes in 1995,"Reuter - 54 words
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Article63 1996-02-06 7 AFP (BANGKOK) Fire fighters braved dense black smoke to extinguish a fire at a popular Bangkok shopping mall yesterday, the latest in a string of blazes to break outat commercial centres tn the Thai capital. The Are broke out in an empty shop on theAFP - 63 words
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39 1996-02-06 7 Reuter (BANGKOK] Thailand's total exports in 1996 are expected to grow by 18 per cent to 1.605 trillion baht (Ss9o billion) from 1.36 trillion last year, a deputy prime minister said yesterday.—ReuterReuter - 39 words
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55 1996-02-06 7 AFP f ARANYAPRATHET, Thailand] Two strategic hills leading to a Khmer Rouge stronghold in north-west Cambodia fell yesterday to governmenifcrces, Cambodian army sources said. Government forces captured Hill 25 and nearby Hill 36 from the rebels in a two-day operation but lost four tanksAFP - 55 words
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84 1996-02-06 7 Reuter (MANILA] The Asia-Pacifk Economic Cooperation (Apec) forum is considering creating a panel to mediate in disputes about trade practices, a statement said yesterday. The proposed panel would resolve issues ranging beyond the dispute settlement mechanism in the World Trade Organisation. "It is envisioned toReuter - 84 words
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39 1996-02-06 7 AFP (HANOQ Defence Minister Genera! Doan Khue has called for the modernisation of the navy so that Vietnam can firmly defend Its territorial waters, the Quan tM Nhan Dan daily reported yesterday.—AFPAFP - 39 words
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383 1996-02-06 7 KUALA LUMPUR Think-tank Mier sees fourth quarto-1995 trend filtering into first quarter 1996 Bernama MALAYSIA'S manufacturing industry appears to be moving into a phase of moderation after achieving a rapid pace of growth in the early part of 1996, says the Malaysian Institute of EconomicBernama - 383 words
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372 1996-02-06 8 JAKARTA Companies performing badly will be sold off; special mission firms to stay in govt hands Reuter, AFP INDONESIA will sell nonprofitable state companies and list those making money on the stock exchange. Industry and Trade Minister Tungky Ariwibowo said yesterday. "In orderReuter,; AFP - 372 words
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Article135 1996-02-06 8 BANGKOK AFP JAPAN'S aid to Thailand will see a shift in focus from industrial development to the social problems which accompany economic growth, a special assistant to Japan's foreign minister said yesterday. Thailand would continue to receive soft loans for industrial projects, but social aspectsAFP - 135 words
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Article, Illustration61 1996-02-06 8 HUNDREDS of people queueing up in front of the Bank Negara building in Kuala Lumpur to get the new Ms 2 note Measuring 130 mm by 65mm (slightly bigger than the Msl note), the Ms 2 bill is in a light shade of purple. On sale alsoMBT - 61 words
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357 1996-02-06 8 ■BANGKOK PM offers cabinet revamp; vote of no confidence looms AFP THAI Prime Minister Banham Silpa-archa's fractious coalition government finds itself dodging political bullets amid mounting clamour for a cabinet reshuffle and a threatened no-confidence vote. The diminutive premier has said he will oblige withAFP - 357 words
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197 1996-02-06 8 JAKARTA Last year saw 38% surge in foreign workers Reuter INDONESIAN legislators are worried about the growing number of expatriate workers filling jobs which could be done by locals, the official Antara news agency said yesterday. The extra money being spent byReuter - 197 words
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Page 7 Advertisements
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Advertisement112 1996-02-06 7 To Getfeople Hooked Up With The Information Age, INFORMATICS yCounted On Us. S* 1 AkZ^tlf. 4 I I HONG LEONG FINANCE LTD Head Office: 16 Raffles Quay. <*01-05 Hong Leong Building S^a.ir Branches: (North Zone) Ang Mo Kio Tel: 452 8735 SerangocvC r- -'*****. h Tel *****4? Kallang Bahru Tel:112 words
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Page 8 Advertisements
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Advertisement193 1996-02-06 8 Change* In yen loans for infrastructure, Pg 11 A MAZDA FINANCED BY SINGAPORE FINANCE CAN TAKE YOU VERY, VERY FAR. FIRST PRIZE SECOND PRIZE THIRD PRIZE 2 return air tickets to New York plus 2 return air tickets to London plus 2 return air tickets to Sydney plus 3 nights193 words
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Advertisement136 1996-02-06 8 BAYVIEiy^^M u*j ',v Eleven strategic locations. Seven city hotels. Four resorts* Award-winning service. Tkere s always a Bay view waiting for you. Spa..i. 8 ike A.ia-Pacific I. eleve. .Irale.tc location, I. ckal. of kolel. .»d re.orl. committed I. e..url« B tkal your every .lay i. pie.—! one. For ike ku.l.,e«136 words
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CHINA-HONGKONG-TAIWAN
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416 1996-02-06 9 BEIJING China won't liquidate loss-making firms the capitalist way with bankruptcies, layoffs Reuter CHINESE premier Li Peng has said reform of state enterprises cannot follow the capitalist model, with bankruptcies and layoffs, for fear of mass unemployment, pro-Chi-na Hongkong newspapersReuter - 416 words
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398 1996-02-06 9 Quak Hiang Whai - HONGKONG Byy Quak Hiang Whai AFTER two years in a slump, the Hongkong property market is showing signs of a recovery. However, analysts are not about to declare any sharp rally in prices. Several sales of new developments in the past two398 words
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SINO Brief
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73 1996-02-06 9 AFP [HONGKONG] Li Peiyao, the vice-chairman of China's top legislative body—the National People's Congress (NPC) standing committee—was murdered by a government security guard, it was reported yesterday. The independent Chinese language newspaper Ming Pao said a 19-year-old security guard from a regiment stationed nearby killed MrAFP - 73 words
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40 1996-02-06 9 Reuter [BEIJING] China's largest technology development area, the Pudong New Zone in Shanghai, would seek US$3 billion (554.2 billion) in foreign fUnds for 800 new projects in 1996, Xinhua news agency said on Sunday.—ReuterReuter - 40 words
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Article51 1996-02-06 9 Bloomberg Business News [BEIJING] China yesterday published a new list of tariff reductions, covering consumer electronics goods. The list, printed in the International Business paper, brings the new tariffs announced so far to 4,106. The new tariffs will be introduced on April I.—Bloomberg BusinessBloomberg Business News - 51 words
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75 1996-02-06 9 Reuter [BEIJING] Tighter prevention measures in 1995 resulted in an 11 per cent drop in the number of fires from 1994, the worst year on record with some of China's deadliest blazes, China Daily said yesterday. The authorities are drafting a fire prevention lawReuter - 75 words
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Article, Illustration73 1996-02-06 9 [BEIJING] A grain worker regulating the flow of corn from a conveyer belt into a container at a grain stockpile facility on the outskirts of Beijing on Sunday. The grain, transported by rail to the facility, is for sale in and around the national capital. China'sREUTER - 73 words
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406 1996-02-06 9 HONGKONG But keeping HK as economic centre may draw emigrants back AFP, Reuter CHINESE Premier Li Peng has admitted there is a confidence crisis in Hongkong in the run-up to China's takeover of the territory next year, it was reported yesterday. MrAFP,; Reuter - 406 words
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610 1996-02-06 10 TAIPEI Taiwan President appeals to China for peace but defends holding presidential elections Bloomberg, AFP, Reuter TAIWAN stocks fell yesterday on reports in Hongkong newspapers that China will begin a 400,000-men military exercise near Taiwan. "There are going to beBloomberg,; AFP,; Reuter - 610 words
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306 1996-02-06 10 HONGKONG Lee Teng-hui giving false impression, says Chinese premier AFP Reuter CHINESE Premier Li Peng has denied Taiwanese President Lee Teng-hui's claims that relations with Taiwan have improved, accusing Mr Lee of "creating a false impression". In an exclusive interview with three China-backed newspapers fromAFP; Reuter - 306 words
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Article114 1996-02-06 10 BEIJING Reuter WITH US pressure mounting, China vowed yesterday to punish publishing houses that supply licences to copyright pirates, hoping to close a loophole used to chum out bootleg compact discs. New rules seek to rein in state publishing firms that have profited by selling officiallyReuter - 114 words
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Article, Illustration431 1996-02-06 10 Yang Razali Kassim - SINGAPORE Bat it most also keep military presence in Asia as tension rises By Yang Razali Kassim THE US should stick to its oneChina policy while not lessening its. military presence in Asia amid rising tensions between China and Taiwan. Making this431 words
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Article, Illustration245 1996-02-06 10 BEIJING Reuter TWO LARGE aftershocks yesterday jolted terrified survivors of China's largest earthquake in eight years as they shivered in freezing temperatures in the streets of southwestern Lijiang, officials said. "There are almost certain to be more casualties from these major aftershocks," said an official ofReuter; AFP - 245 words
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200 1996-02-06 10 ■SHANGHAI AFP FOREIGN-INVESTED enterprises in China can continue to enjoy preferential policies on turnover and corporate taxes, a newspaper reported yesterday. The Shanghai Securities News quoted a concerned official in Beijing as saying that the preferential policies on turnover tax, which included valueAFP - 200 words
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Page 9 Advertisements
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Advertisement383 1996-02-06 9 IS ANA SUPER Y CLASS TO TOKYO OSAKA Fly Super Y Class on ANA and for the price of an economy ticket we'll upgrade you AIRPORT LOWNQE SERVICE Take advantage of our business dass lounges in to a business class seat. A seat with 50 inches of legroom and near383 words
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Page 10 Advertisements
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Advertisement212 1996-02-06 10 guarantees absolute protection. B. If the safety of your records and l, documents are disrupting your peace of mind, then set your mind at peace with 7,1 Fire King the ultimate in filing performance offering 25% mora storage j| apace for fts cabineU. H Available in a range of sizes,212 words
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Advertisement69 1996-02-06 10 US ambiguity gives Taipei wrong ideas, Pg 15 BAYER (SINGAPORE) PTE LTD r j We are pleased to inform you that with effect from 6 Feb 1996, /f our new address will be:- V K BAYER (SINGAPORE) PTE LTD WjT BUSINESS GROUP: STYRENICS* V A 101 THOMSON ROAD #12-02 i69 words
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ASIA
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ASIA Notes
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55 1996-02-06 11 Bloomberg Business News [TOKYO] Japan's merchandise trade deficit for the first 20 days of January expanded 233.1 per cent from the same Period a year ago to U552,799 billion (SJ3J97 billion), the Finance Ministry said. In 1995, Japan recorded a deficit of UStB4O million forBloomberg Business News - 55 words
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Article, Illustration79 1996-02-06 11 AFP (SEOUL] US presidential security adviser Anthony Lake (left) yesterday held high-level consultations with South Korean officials to relieve jitters here over a US decision to give new aid to North Korea. Mr Lake told South Korean Foreign Minister Gong Ro Myung (right)AFP - 79 words
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58 1996-02-06 11 AFP [DHAKA] US power company AI and Associates Inc has signed a memorandum of understanding with Bangladesh energy ministry officials to build a 300-mega watt power plant, officials said yesterday. Bangladesh has signed deals for the construction of 11 power plants since it openedAFP - 58 words
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54 1996-02-06 11 Reuter [CANBERRA] Australia lost 79,600 working days in October due to industrial disputes, 38,500 days more than the 40,100 days lost in September, the Australian Bureau of Statistics said. There were 60 industrial disputes, involving93,4oo workers in October, compared with k 64 disputes involving24,sooReuter - 54 words
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290 1996-02-06 11 ■TOKYO Politicians looking for scapegoat to bear public outrage Reuter JAFAN's beleaguered finance ministry could end up being offered as a sacrificial lamb by politicians looking for a way to assuage public outrage over a plan to use taxpayers' money to WindReuter - 290 words
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145 1996-02-06 11 SEOUL Bloomberg Business News SOUTH Korean financial institutions slowed the pace of investment abroad last year cooling off a surge created by relaxation of government controls. Outstanding investment in overseas securities in 1995 rose 14.4 per cent to US$l.5B billion (552.2 billion), downBloomberg Business News - 145 words
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128 1996-02-06 11 DHAKA AFP BOMB BLASTS rocked Dhaka's main business districts yesterday during the morning rush hour, sending passers-by and car drivers scurrying for cover, witnesses said, as the opposition prepared to announce new strikes ahead of upcoming elections. The series of blasts struck theAFP - 128 words
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718 1996-02-06 11 Anthony Rowley - TOKYO Changes to bring more private players Into Airian project financing game By. Anthony Rowley THE Japanese government yesterday announced key changes in the way it intends to contribute to the "huge" and rising cost of financing infrastructure projects in Asia. In future, official yen718 words
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Page 11 Advertisements
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Advertisement238 1996-02-06 11 LONGINES* collection by Longines V. is a creation of infinite beauty and magic which I I bears the mark of a ||flpi|Hp tradition of over 160 years in watchmaking... symbol ofperfection in ft'me measurement and the marvel of creation. Recommended Retail Prices. Ladie5(13.106.5.11.6)-$2,050 a Longines Golden Wing™. Exclusive models for238 words
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FOCUS
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Article, Illustration1261 1996-02-06 12 Yang Razali Kassim - Filipino admiral-turned-diplomat Armando Madamba looks at the tasks facing the Manila summit By' Yang Razali Kassim The writer is BT's regional analysis editor [SINGAPORE] HE HAS a name that sounds like the Brazilian samba. But Armando Q Madamba, the new Apec executive director,1,261 words
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Page 12 Advertisements
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Advertisement139 1996-02-06 12 optf£2£& KEY ISSUES Adopting Global Standards for Sophisticated Instruments The Concept of Risk Management Engaging Technological Solutions The Legal Issues of Derivative Settlement Risk Regional Legal b Regulatory Issues b Concerns Effective Control b Compliance Management Supervision b Audit Towards Single Currency Margining Derivatives Clearing Services Flexible Organization b Management139 words
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Advertisement160 1996-02-06 12 HRPKn H Power Reserve Already early in the 18th century, Geneve became known as a major H centre for creation and production of timepieces. Since then the iHH^Z<ia3^Hi Genevese watchmakers rose to unparalleled heights in the art of H horology. Today this proud heritage continues with Frederique Constant, the latest160 words
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THE WORLD
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Article, Illustration595 1996-02-06 13 Leon Hadar - UUII'UR FROM WASHINGTON Steve Forbes ahead of Pat Bnchanan in OOP presidential race By Leon Hadar THE rising popularity of conservative columnist Pat Buchanan among Republican voters has led many analysts to conclude that the Grand Old Party is beginning to abandon its595 words
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Article, Illustration49 1996-02-06 13 [AUSTIN, Texas] The Lane Star State was in deepfreeze on Saturday as even the appearance of the sun in the afternoon failed to melt the ice in the Bicentennial Fountain in the business district here as record low temperatures in the mid-teens were expected. AFPAFP - 49 words
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193 1996-02-06 13 DAVOS, Switzerland AFP ANATOLI Chubais, Russia's sacked privatisation minister, warned yesterday that the head of the communist party was lying to the West in pledging not to reverse economic reforms. Mr Chubais said that Gennady Zyuganov would lead a large-scale renationalisation programme, which wouldAFP - 193 words
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WORLD Watch
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79 1996-02-06 13 Reuter [JERUSALEM] Israel and the United States are drawing up plans to form an international consortium to provide economic aid to Syria in the event of an Israeli-Syria peace deal, the Israeli press reported yesterday. The daily Hoar** said Kdwafd Djerejian, a former USReuter - 79 words
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Article49 1996-02-06 13 AFP [LONDON] A young clown listens during the 50th annual Grimaldl service at Holy Trinity with St Philip Church in Dalston, North East London on Saturday. The service is dedicated to Joseph Grimaldi, the famous 19th century clown, and gives thanks for the gift of laughter.—AFPAFP - 49 words
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Article, Illustration69 1996-02-06 13 UPI [BONN} US Defence secretary William Perry said on Sunday Nato must be enlarged eastwards by allowing former soviet satellites to join despite Russian objections. SjWilrtng at a conference of international security experts in Munich, Mr Perry said Nato should at the sameUPI - 69 words
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Article107 1996-02-06 13 AFP [KIEV] A Ukrainian mine union official vowed that miners would keep up a four-day-old strike until their demands for back pay were met. 0f227 mines in the country, 72 were at a standstill since the strike started cm Thursday and 105 others were refusing toAFP - 107 words
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Article283 1996-02-06 13 ■DUSHANBE Reuter, AFP PROSPECTS of a fresh civil war engulfing the Central Asian state of Tajikistan receded yesterday after a senior minister, responding to a demand by two warlords who had menaced the capital, quit his post. It remained to be seen if the warlordsReuter,; AFP - 283 words
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Article128 1996-02-06 13 LONDON Reuter BUNDESBANK President Hans Tietmeyer said he believes the German economy will rebound this year and added that any further interest rate cuts would depend primarily on developments in M 3 money supply. Interviewed on British Broadcasting Corporation (BBC) television Mr Tietmeyer said: "IReuter - 128 words
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Article225 1996-02-06 13 WASHINGTON Bat Clinton plan also predicts budget surplus by 2002 AFP THE House said yesterday the US budget deficit for the current fiscal year would be U*****.4 billion (*****.6 billion), but predicted the budget would be in surplus by 2002 under its spendingAFP - 225 words
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211 1996-02-06 13 BONN Bloomberg Business News GERMANY needs a combination of fiscal austerity and growth to qualify for the European single currency, a critical component to securing the country's economic future, German Finance Minister Theo Waigel said. In interviews with the German press, Mr WaigelBloomberg Business News - 211 words
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Page 13 Advertisements
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Advertisement84 1996-02-06 13 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 I Career Opportunities I 1 In Indonesia I m leading Jakarta Securities firm is looking for qualified ft m candidates with university degree for the following position: I SENIOR RESEARCH ANALYST I jj Degree in Finance or Accounting preferred K 9 Minimum84 words
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Advertisement229 1996-02-06 13 "One of the Most Sought After MBAs m Singapore!" DP The University of Hull England 1927 top MBA MBWS 19th Intake May 1996 "OVER £50 CEO* Mfis and 6Ms ALREADY IN INE PROGRAMME!" FIRST to offer TQM and a Systems Approach to Creative Problem Solving FIRST to offer Entrepreneurship and229 words
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Page 14 Advertisements
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Advertisement317 1996-02-06 14 ADD MORE DRIVE TO YOUR LIFE Actually, if you're even thinking of enthuse about. Firmly braced on a double-wishbone suspension with a buying an Odyssey, you already have long wheelbase, and powered by a sweet 2.2-litre engine churning out considerable drive. That's because 145 ps the Odyssey manoeuvres prospective Odyssey317 words
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EDITORIAL & OPINION
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Article, Illustration779 1996-02-06 15 Mohan Kuppusamy - THE BOTTOM mm opW&M- By Mohan Kuppusamy The writer is BT's editorial page editor I NOT really matter what Washington tiles as the reason for the voyage of a 72,000tonne, nuclear-powered US aircraft carrier the Taiwan Strait A Pentagon spokesman. Major Steve Manuel, claimed early last779 words
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Article121 1996-02-06 15 This is a sad moment fop Daiwa. We have spent four decades serving the needs of corporate and individual clients in tjie United States and are sorry to be leaving what was an important market for our bank.' L -TakaahiKaiho Daiwa president after it shut its business121 words
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Article608 1996-02-06 15 EDITORIAL IT would be tragic, indeed, if irrelevant and peripheral issues were allowed to distract attention from the convergence of basic interests that underlies plans for the first-ever summit between 10 Asean and East Asian countries, and the 15 European Union members. Yet, a historic608 words
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Article, Illustration1228 1996-02-06 15 Vikram Khanna - If Delhi sticks to the refrain 'Computer chips, yes. Potato chips, no', the country may well end up with jnst crnmbs Vikram Khanna The writer is BT's regional economics editor "COMPUTER chips, yes. Potato chips, no." That flippant soundbite is apparently the basis of the policy of1,228 words
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Article392 1996-02-06 15 BEIJING cannot forgive Taiwan for its freedoms and modest international ambitions, not until it surrenders its mind and future. It threatens naval blockade, and says missiles will fall every day in Taiwan... To the US, which would inevitably become involved in a Chinese-started war that neither392 words
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Page 15 Miscellaneous
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Page 16 Advertisements
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Advertisement174 1996-02-06 16 111^^ I M I r The all-alu m iniu m Audi Sfiace Frame takes safety beyond nor ma I steel body standards. Iu m iniu m the licj h t w eight revolution in prestigious 3ut o til otive technology. L J 1 IV! ore power and control is achieved174 words
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EXECUTIVE LIFESTYLE
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Article, Illustration786 1996-02-06 17 LAWRENCE VAN GELDER - Shamus Culhane did some of the most memorable work in the world of cartoons, reports lawremgbyaxoelder LAWRENCE VAN GELDER NYT Shamus culhane, a pioneering animator who made the Seven Dwarfs march home singing "Heigh Ho" in Walt Disney's Snow White and the Seven Dwarfs, diedNYT - 786 words
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Article, Illustration977 1996-02-06 18 MUSIC TLCs manager and record-label are protesting the hot music group's bankruptcy petition NYT [NEW YORK] Success, as abrupt and electric as a summer thunderstorm, enveloped the music group TLC Ave years ago and shows no sign of ending. The three-woman group based inNYT - 977 words
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Article384 1996-02-06 18 NYT [NEW YORK] The three young singers at the centre of this controversy are Tionne Watkins, known as T-Boz, who has a deep, gritty voice and tomboy demeanour; the volatile Ms Lopes, whose nickname is Left-Eye, who used to sport a colourful wrapped condom inNYT - 384 words
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CHATTER Box
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Article41 1996-02-06 18 LA Times ROBERT Hiatus, OMfrttonamanbar of tfcatifcgraeai, dreadlocked music duo Mill! Vanilli, was arretted on Sunday morning in Hollywood on suspicion of attempted car burglary and threatening harm to the oh*« own* and his family. LA TimtLA Times - 41 words
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Article, Illustration91 1996-02-06 18 AFP SPANISH film«maker Alex de la Igleeia took the grand prize on Sunday at the third Fantasy Film Festival In 1 Gerardmer, France, for his Dtocte to Btttfo (The Day of the Beast). Thell-mcmber Jury, headed by Dutch actor RutgerHauer, also presented a special prise to Anthony jAFP - 91 words
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Article55 1996-02-06 18 NYT W BEING the conductor of one orchestra Is good, then being the conductor of two must be twice as pood—or to Marvin Hamliech, who is also s composer and pianist, thinks. He was recently named principal pops conductor 4 the Baltimore Symphony, a poeition he alreadyNYT - 55 words
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Page 17 Advertisements
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Advertisement920 1996-02-06 17 SERVINGS UNLIMITED! HELP YOURSELF TO y *J\me goodies... (Nt •> pack aa Mat (hußpHng'tWA cfcmg), mini dumpling, p0p44l •> d««p fifad apHagwit iH—'< r«*»*—• wfcued pojk fc V-r akaiiot cake, nvnt p«aa<it ao«p, awnt iwl bw« «4up. kakcd peanut pMtty mm* tek, ang ku koeh, H«aa» kuck, rtc-t."' 5 Eafoy920 words
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Advertisement98 1996-02-06 17 The ribs are good cheap 99\\ Man Kan Keng of The Sunday Times voted The Sixties Otoer"** Talk about... Mi Good Ribs jjO* Sixties has it Cosy Ambience Sixties has it Inexpensive Fine has it. For reservations, please call 226-5830 Sixties: 31 Marina Park, Planet Marina #01-10. Singapore *****1. Take98 words
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Page 18 Advertisements
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Advertisement270 1996-02-06 18 Growth towards a new centuiy For any inquiries on the products, please contact the following companies. tICT PRINTING MACHINERY, DIESEL GENERATOR, AIR-CONDITIONING SYSTEM, FORKUFT, W^V NEWSPAPER OFFSET PRESS, INJECTION MOLOING MACHINE M MITSUBISHI HEAVY INDUSTRIES, LTD. 5-1, Manmouchi 2-chome, Chryoda-ku, Tokyo 100, JAPAN Phone: 81-3-3212-3111 Cable Address: HISHIJU TOKYO V270 words
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Page 19 Advertisements
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Advertisement629 1996-02-06 19 J) For stories, quizzes p j songs, call Children's A o'y Funland on 1900-910-0001, 0 at 30 cents a minute. y Where to wine, dine and entertain 7 i x I I 11. —ii I /ufM 111 j coffee house J Have a romantic candlelight j J dinner with our629 words
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Advertisement28 1996-02-06 19 |c#^| We bake our cakes and pastries freshly throughout the day, and after 6pm we cut the prices all in half. So pop by for a good treat!28 words
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Page 19 Miscellaneous
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Miscellaneous685 1996-02-06 19 TV&RADIO mmmmmmmmm amoo«. limi I H 1 M dm *J r> aa MB AM The Bots Master. iMrt JM M.O.G. As Seen On 9jao Happy Donut House. 4aa i 7.00 Good Morning Singapore. AM Morning News/CNN. A M 0 Wistaria in School. M>-30 A Family in the Eyes of a685 words
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Miscellaneous146 1996-02-06 19 CRYPTIC CROSSWORD 28 Saw Wandsworth, perhaps (11) dressed like a judge (8) YESTERDAY'S SOLUTION DOWN 9 Ending of apartheid means 2 Fodder for one trapped in a displaced negroes get aid labyrinth (5) 13 MNyAyRyEyEBAyEy 3 Dish that may sink in a little Delete from the list, despite Woiaifjtibiojair| d146 words
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THE GOLF PAGE
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Article, Illustration1546 1996-02-06 20 NICKLAUS DE CRUZ - The Banyan Tree golf course in the Philippines is a real test of a golfer's skills, reports micklaus db crux NICKLAUS DE CRUZ WHEN describing Banyan Tree Nasugbu Evercrest Golf and Country Club, Arnold Palmer himself said, "I expect it to be1,546 words
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Page 20 Advertisements
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Advertisement282 1996-02-06 20 RENOUNCEABLE PREFERENTIAL OFFER BY KEPPEL BANK OF SINGAPORE LIMITED ("OFFEROR") OF 149,675,796 WARRANTS ("WARRANTS") AT THE PRICE OF Sso.Bo FOR EACH WARRANT TO SUBSCRIBE FOR 149,675,796 NEW SHARES OF 550.50 EACH IN THE CAPITAL OF STRAITS STEAMSHIP LAND LIMITED ("SSL") ON THE BASIS OF ONE (1) WARRANT FOR EVERY FOUR282 words
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Page 20 Miscellaneous
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Miscellaneous213 1996-02-06 20 THE WEATMHK flUngnporee Generally cloudy and windy, with occasional passing showers. Temperature (22-29) Aala-FMMe HVLo* OomL Europe HVLo* Good. HVUt Good. Auckland 23/17 Cloudy Amsterdam 01/1 Cloody Atlanta 06-8 Cloudy Bangkok 36/19 Cloudy Athens 11/06 Cloudy Buenos Aires 27/16 Cloudy Bering OS/-5 Snow Berin OW-5 Cloudy Chrago 00/12 Showers Bombay213 words
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COMPANIES & MARKETS
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Article, Illustration412 1996-02-06 21 Florence Chong - MD says it is i interested if Ansett's sale te Air New Afalmil falls told Froml Florence Chong in Sydney SINGAPORE Airlines is re- ported to be showing renewed Interest in buying into Ansett Australia, the country's sec- pnd international airline.412 words
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267 1996-02-06 21 Jennifer Lien - Target customers include cable TV and telecom groups By, Jennifer Lien [SINGAPORE] IPC Corp has paid US$7 million (559.9 million) for a 50 per cent stake in a new company, IPC Interactive, to provide interactive television systems worldwide. The other267 words
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Article, Illustration771 1996-02-06 21 Quak Hiang Whai - BOCK LOCK SOW By Quak Hiang Whai IMKk S the first Hongkong bank to release full-year results under the new disclosure rules of the Monetary Authority of Hongkong, Ka W*h Bank's announcement last Monday came as something of an anti-cli-max.771 words
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161 1996-02-06 21 [SINGAPORE) Key executives of Datacraft Asia haw sold a combined 1.43 million shares representing 10.9 per cent of their interests in the firm. Datacraft said yesterday that its managing director and chief executive officer Derek Peter Althorp, its regional director for South161 words
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Article185 1996-02-06 21 [SINGAPORE] Listed Orchard Parade Holdings, through its wholly-owned subsidiary, OPH Leisure, is investing in a bowling and amusement centre in Chengdu, China. The total investment in the project, called Chengdu Leisure World, will amount to 554.6 million. OPH Leisure will take a 20 per cent185 words
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Article, Illustration214 1996-02-06 21 TeoMingKian resigns as chairman and director [SINGAPORE] Singapore Technologies Industrial Corporation's former president Wong Kok Siew was yesterday appointed the group's non-ex-ecutive chairman. STIC also announced the resignation yesterday of Teo Ming Kian as chairman and director. No explanation was given for his214 words
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REGIONAL COMPANIES
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Article358 1996-02-06 22 Ruth Wong - From, Ruth Wong in Kuala Lumpur HIT BY rising costs, Malaysian publishers yesterday raised the cover prices of all major newspapers in a move which will lead to healthier bottom lines, analysts said. The New Straits Times Press (M) Bhd (NSTP), Malaysia's largest publishing house,358 words
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203 1996-02-06 22 AFP [KUALA LUMPUR] Stateowned Telekom Malaysia has yet to decide whether to pull out of a troubled joint-venture with PT Telekomunikasi Indonesia in Kalimantan, a top official said yesterday. "We can't confirm at this stage," Telekom's chief executive and managing director Mohamed Said Mohamed AliAFP - 203 words
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198 1996-02-06 22 Net profit down 10% after Ms443m minority payout AFP (KUALA LUMPUR] Malaysia's Hong Leong Industries Bhd said yesterday its interim group pre-tax profit surged 38 per cent from a year earlier to MsllB.l million (5565.6 million) in the six months to December. GroupAFP - 198 words
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196 1996-02-06 22 [SINGAPORE] Two joint-ven-ture companies involving Singapore groups like Intraco, Thakral Investments, CWT subsidiary Camsin Corporation and Hiap Huat Holdings have been formed to invest some US$2O million (Ss2B million) in Cambodia. A 10,000 ha piece of land in Takeo province has been identified196 words
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Article, Illustration210 1996-02-06 22 [SINGAPORE] Mainboardlisted Informatics Holdings yesterday said it was setting up a joint venture with three other Singapore companies to pioneer the set-up of information technology (IT) training in Cambodia. Informatics will hold a 40 per cent stake in the venture, IGHT Pte Ltd, with the210 words
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145 1996-02-06 22 Bernama [KUALA LUMPUR] Mycom Bhd said its subsidiary, Olympia Industries Bhd, has appealed to the authorities for the reinstatement of the 1996 gaming licence of its subsidiary company, Diriwan Corporation Sdn Bhd. Olympia is still waiting for the authorities to reply on the matter, MycomBernama - 145 words
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Article277 1996-02-06 22 (SINGAPORE) Next time you want to find out where a particular Hong Leong Finance or Singapore Finance branch is, all you have to do is get on to the Internet, click a few commands and within seconds, you will get the location on277 words
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108 1996-02-06 22 [SINGAPORE] Singapore Technologies Industrial Corp yesterday said it is not conducting any negotiations to purchase German medical technology firm Dornier Medizintechnik. The main board-listed industrial company, whose parent is the government-owned Singapore Technologies Pte Ltd, was responding to a Reuters report that said108 words
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COMPANY Briefs
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93 1996-02-06 22 Reuter [PERTH] Majestic Resources NL has agreed to issue a further 9.17 million shares to Malaysia's Multi-Purpose Holdings Bhd (MPHB), lifting its stake to 19.97 per cent Funds raised through the placement would be used to complete the purchase of significant copper resourceReuter - 93 words
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Article34 1996-02-06 22 [SINGAPORE] Patrick Yeoh Khwai Hoh was appointed a director of Tat Lee Bank on Feb 1. He Had recently retired as president and a director of DBS Bank.34 words
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Article41 1996-02-06 22 [SINGAPORE] Straits Steamship Land's warrant offer received acceptances and excess applications for 162,468,332 warrants, representing about 108.5 per cent of the 149,675,796 warrants offered under the exercise. The acceptances for 148,570,764 warrants represented 99.3 pacent of those offered.41 words
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35 1996-02-06 22 [SINGAPORE] ST Aerospace Engineering (STA Engrg), the wholly-owned airframe maintenance subsidiary of Singapore Technologies Aerospace (STAe), has been appointed and authorised by Lockheed Martin as a Hercules Service Centre.35 words
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56 1996-02-06 22 (SINGAPORE] Rotary Engineering has invested US$l.B million ($2.5 million) for a 30 per cent interest in MP World Corporation. MP has an 80 per cent interest in a joint venture with First Automotive Works of Changchun (FA W) to make aluminium castings56 words
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Article25 1996-02-06 22 [SINGAPORE] General Securities Investments Ltd (GSI) has requested that its shares be suspended today pending the announcement of its latest results.25 words
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470 1996-02-06 22 Ven Sreenivasan - Morgan Stanley Capital index rose 7% for biggest monthly gain in over a year By' Ven Sreenivasan [SINGAPORE] Emerging markets enjoyed their largest monthly gain in more than a year during January, according to Morgan Stanley Capital International (MSCI). The MSCI Emerging Markets Free470 words
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COMPANY Briefs
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64 1996-02-06 23 Acer plans to invert in industrial park Reuter (TAIPEI] Taiwan's Acer Group plans to invest the lion's share in a high-tech industrial park it expects will attract NTIIOO billion (515.15 billion) in investments over a 10-year period. Chairman Stan Shih told Reuters yesterday that foreign and local partners will beReuter - 64 words
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Article67 1996-02-06 23 Bloomberg Business News [SYDNEY] Seven Network Ltd, the second-ranking commercial television network in Australia, said net profit rose 17.7 per cent. It said net profit in the 27 weeks ended Dec 90 rose to A 191.8 million (519&2 million), or 29.7 Australian cents a share,Bloomberg Business News - 67 words
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39 1996-02-06 23 AFP [TOKYO] Japan's NEC Corp said yesterday it had joined forces with Walt Disney and Co unit Disney Interactive to market personal computers in Japan and develop software using Disney's animated characters. AFPAFP - 39 words
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78 1996-02-06 23 Bloomberg Business News [HONGKONG] China Light Power Co Ltd denied reports that it plans to sell electricity and assets to Hongkong Electric Holdings Ltd, a China Light spokesman said. A report in yesterday's Hongkong Economic Journal said China Light's chairman Sidney GordonBloomberg Business News - 78 words
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75 1996-02-06 23 Reuter [NEW YORK] McDonald's Corp soon will not be frying any more of its low-fat, McLean Deluxe hamburgers anymore. The McLean Dehixe, which had 10 grams offat or half that of a McDonald's Quarter Pounder, will be phased out over the next few weeksReuter - 75 words
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362 1996-02-06 23 Surinder Singh - Firm overthrows Hudson board after failed takeover bid Prom Surinder Singh in Sydney WINWOOD Forest Industries, the Malaysian-owned company which last November made an unsuccessful hostile takeover bid for Sydney-listed Hudson Timber Industries, last week managed to snatch control of the company by effectively362 words
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432 1996-02-06 23 Quak Hiang Whai - Commission will study matter before coming np with ways to stem the drift From Quak Hiang Whai in Hongkong HONGKONG'S Securities and Futures Commission (SFC) is worried about the increasing shift of trading in Hongkonglisted securities to overseas markets, the securities432 words
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258 1996-02-06 23 Reuter [MELBOURNE] Australian telecommunications giant Telstra Corp yesterday said it may decide next year whether to proceed with a full service broadband network handling telephone, data and pay television. The state-owned company said this would be a multi-bil-lion dollar project, additional to the AReuter - 258 words
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Article, Illustration61 1996-02-06 23 [SYDNEY] A futures trader shouting an order at the Sydney Futures E&hange yesterday as data showing an increase in employment was released. The jobs figures were good news for the government in the lead-up to the federal election in early March with the economy showing signs ofAFP - 61 words
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Article, Illustration251 1996-02-06 23 Suspension lifted as 25.03% of its shares are in public hands AFP [HONGKONG] Trading in the shares of Ming Pao Enterprise Corp Ltd resumed yesterday on a weak note after the company met listing requirements by having 25.03 per cent of its stockAFP; Source: Bloomberg - 251 words
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276 1996-02-06 23 Lower income fran Fo* TV a key factor, say analysts Bloomberg Business News, Reuter [SYDNEY] Rupert Murdoch's News Corp will likely show a decline of about 2.2 per cent in the earnings for the three months to Dec 31 when it reportsBloomberg Business News,; Reuter - 276 words
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188 1996-02-06 23 [SINGAPORE] Standard Chartered Bank has received permission to open a representative office in Vientiane, the capital of Laos. In a statement yesterday, the British bank said the office will focus initially on inward investment, trade finance, correspondent banking and provision of on-shore support188 words
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INTERNATIONAL COMPANIES
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Article, Illustration427 1996-02-06 24 Better performance by partner airlines also helped BA hit higher profit of £104 m Bloomberg Business News [LONDON] British Airways pic said third-quarter pre-tax profit rose 30 per cent on strong winter seat-occupancy data and better performance by partner airlines. Pre-taxBloomberg Business News; Source: Bloomberg - 427 words
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325 1996-02-06 24 It will concentrate instead on new version for World Wide Web Reuter, Bloomberg Business News [NEW YORK] Microsoft Corp plans to halt work on a programming tool for its online service, MSN, the Wall Street Journal reported yesterday. The companyReuter,; Bloomberg Business News - 325 words
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260 1996-02-06 24 Bloomberg Business News [BEVERLY HILLS, California] Hilton Hotel Corp's new president and chief executive, Stephen Bollenbach, is back in the hotel and casino business. Analysts expect him to bring focus to a company that's given shareholders a series of flipBloomberg Business News - 260 words
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94 1996-02-06 24 AFP [TOKYO] Japan's Kokusai Denshin Denwa (KDD) and American Telephone and Telegraph Co of the United States are planning a joint optical seabed cable for trans-Pacific telecommunications linking the United States and Japan, a KDD official said yesterday. KDD, Japan's largest international telecommunicationAFP - 94 words
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151 1996-02-06 24 FT [LONDON] Hanson is considering offering shareholders a special dividend of up to £600 million (Ssl.3 billion) as it attempts to build City support for its proposed demerger. Lord Hanson, group chairman, is believed to have floated the idea following the disappointing stock market reactionFT - 151 words
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Article, Illustration268 1996-02-06 24 Reuter [SINGAPORE] Fokker chairman Ben van Schaik said yesterday British Aerospace, Aerospatiale, Samsung and the Taiwan government are among some of the suitors for the troubled aircraft maker. Mr Van Schaik, who was in Singapore for the Asian Aerospace exhibition, said that Fokker was negotiatingReuter - 268 words
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221 1996-02-06 24 Bloomberg Business News (KYOTO] Nintendo Co will delay the US launch of its powerfill Ultra 64 home video-game player until Sep 30 because it can't get enough semiconductor chips. It is the second time the company has put back the USBloomberg Business News - 221 words
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FINANCE & COMMODITIES
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Article, Illustration574 1996-02-06 25 Catherine Ong - plana tO operations and increase staffing By Catherine Ong [SINGAPORE] The Bank of New York, a leader in the global custody business, has chosen Singapore as its regional hub following the completion of its takeover of JP Morgan's custody business last month. Plans areARTHUR LEE - 574 words
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262 1996-02-06 25 [SINGAPORE] Tat Lee Bank, the last of the local banking groups to be rated by Moody's, received A 1 and Prime-1 ratings for its long- and short' term deposits, and a C rating for its financial strength. Moody's Investors Service said yesterday that262 words
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224 1996-02-06 25 Reuter [HONGKONG] Bank America unit BA Asia is building its merchant banking business to prepare for Asia's increasing capital needs, according to Frances Taylor, managing director and head of corporate banking. "Our plans include adding people in every single one of the merchantReuter - 224 words
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Article173 1996-02-06 25 Reuter London THE dollar was softer in Europe after frustration at the US currency's inability to overcome key barriers prompted a general liquidation of long dollar positions. "We spent the whole of last week and some of the week before that in a tight range and it wasReuter - 173 words
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317 1996-02-06 25 ENERGY REPORT Reuter [LONDON] Oil prices were little changed yesterday ahead of talks between the United Nations and Iraq on a UN plan allowing limited Iraqi oil sales. Benchmark North Sea Brent crude was up one cent a barrel at U5516.72. TalksReuter - 317 words
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Article, Illustration1156 1996-02-06 25 PrrHKBAMKCUKMWCTEATBg 4pm M5 A«aMS$ Afatest IIS$ Aoatatt 5$ ipMHt C«TOTd«» H OUr H OfHr Or-tto M 0W» W< QH* Frmdi frMC 27.1576 27.mi 5.0010 5.0030 Local dollar* to omc w*U of foreign cvrrmey: HMjfcMfMlar *J! 7.73M 7.7314 AiistrMMMIv 1.0690 WTO 0.7555 0.75*0 IrtHUftH»l* 0.06M ,,04«9 22*,750 2,*****0 CwteWlf ***** 1.02971,156 words
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COMMODITIES & FUTURES
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Article903 1996-02-06 26 [KUALA LUMPUR] The soft performance of other base metals on the London Metal Exchange (LME) overnight eased tin prices on the Kuala Lumpur Tin Market (KLTM) yesterday, which dropped five sen to M 515.81 per kg. On the LME, three-month metal closed US$5O lower and the bearish market903 words
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Article1071 1996-02-06 26 Reuter [SINGAPORE] Simex Eurodollars ended lower yesterday, mainly on profit-taking. "The market is still looking to §o higher so this Erofit-taking is quite ealthy. I think it is a good opportunity to buy," said a dealer with a European bank. He also said that other factors which triggeredReuter - 1,071 words
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Knight-Ridder Commodity Summary
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138 1996-02-06 26 [LONDON] The price of gold is expected to soar to US$5OO per ounce, the highest since December 1987, according to Mercury Asset Management, manager of the UK's biggest gold fund, The Sunday Times newspaper here reported. It said MAM's forecast followed its own in138 words
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Article146 1996-02-06 26 [LONDON] World zinc metal demand exceeded production by 141,000 tonnes in 1995, according to a preliminary estimate from the International Lead and Zinc Study Group (ILZSG). Western World metal demand exceeded supply by 779,000 tonnes with the deficit largely met by a drawdown in stocks, including a146 words
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Article129 1996-02-06 26 {LONDON] World demand for refined lead exceeded supply by 109,000 tonnes in 1995, according to a preliminary estimate by the International Lead and Zinc Study Group. Western World metal demand exceeded production by 299,000 tonnes last year, resulting in a significant fall in reported stock levels. World129 words
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Article81 1996-02-06 26 [LONDON] Mauritius exported 36,780 tonnes of sugar in November last year, down from 51,131 tonnes in the same month of 1994, according to the latest figures from the Mauritius Sugar Syndicate. Exports for the first 11 months of last year amounted to 457,810, down from 470,05181 words
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Article1140 1996-02-06 26 SICOM FUTURES Feb 5 RUBBER (futurw closing «s at 5J0p«) RSS1 CONTRACT(S curtiAq) ClOM VolWM OpM Hfrft tow $#tt (loots) HrtfMt Mar 96 220.50 1425 Apr 96 219.00 217.00 217.75 t050- 5225 M<y 96 218.50 215.00 216.00 B50 3975 Ju» 96 218.50 213.00 ***** 350 3225 96 213.501,140 words
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Article4707 1996-02-06 27 D**»» -250.66 SHARE prices closed lower yesterday on modest profittaking after Wall Street's decline on Friday, a stronger yen and with buyers sidelined. The Nikkei 225 Average was down 250.65 points at 20,653.38. The Topix Index was down 16.51 at 1,601.00 with the Nikkei 300 Index down4,707 words
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Article1628 1996-02-06 27 □London -347 STOCKS suffered their biggest one-day loss in three months after British Airways and Dalgety posted disappointing earnings. "The results from British Airways and Dalgety were noticeably disappointing," said a trader. "People are more nervous about the coming earnings season than optimistic." The FT-SE 100 Index,1,628 words
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Article, Illustration2553 1996-02-06 28 AFX-Asia Q Hang Seng +14.72 SHARE prices closed slightly higher as investors took profit in property stocks and switched into utility and other stocks that have lagged behind the market's recent rises, dealers said. The Hang Seng Index closed up 14.72 points at 11,484.12 on turnover of HKJB.94 billion.AFX-Asia; JEN CHUA; ALLAN - 2,553 words
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Article, Illustration647 1996-02-06 28 Reuter n Shanghai B Share Index -0.44 SHANGHAI B Share Index closed lower yesterday in slow trading, with most investors keeping to the sidelines due to a lack of market-moving news. The B Index fell 0.44 point to 51.30 on volume of 3.5 million shares worth US$l.6 million. "TradingReuter; Source: Credit Lyonnsis Securities(Asia) Ltd - 647 words
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Article, Illustration1023 1996-02-06 28 Reuter PCwnpogtalndg +351 STOCKS ended slightly higher despite profit-taking in heavyweight shares, particularly those in the consumer sector. The Composite Index rose 3.57 points to close at 591.14 after touching the day's low of 587.53. "Investors switched their portfolios to second-liner stocks because they are still cheap," one brokerReuter; JEN CHUA - 1,023 words
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Article, Illustration1242 1996-02-06 28 Bloomberg Business News Q SET big -LB STOCKS were mixed as bank shares fell and export-oriented electronics producers surged for a second day. Electronics rose on expectations a strong US dollar would boost profits. "Some investors are looking backward, others forward," said an analyst. "With interest rates coming downBloomberg Business News; ALLAN - 1,242 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration7208 1996-02-06 29 KUALA LumurvMißeports Bloomberg Business News Q Composite Index *<170 STOCKS rose to an eight-month high as foreign investors bid up blue chip companies like Tenaga Nasional and Genting. "One of the drivers in the next few months is going to be internationalBloomberg Business News; ALLAN - 7,208 words
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WARRANTS & OPTIONS
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Article3356 1996-02-06 30 R Sivanithy - WARRANT WATCH I W II -By R Sivanithy OBSERVERS would have noticed that after yesterday's fine run, almost all the local bank stocks have moved to their all-time highs. The only exception is Tat Lee Bank which, at $4.00, is a fair bit3,356 words
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Article1753 1996-02-06 30 a cia. d*a. g s sgfcrzg r r.% *2 "J* u nt mi 2 5 n Am*t*l50e M -I mm M M IB «4 10 IS 2B.I »27* 71 M04 AMH»H«QtSOe K3 -I Mm Its tu K4 U li 10 213 2374 .5 25 p Ld W U1,753 words
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STOCK EXCHANGE OF SINGAPORE
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Article924 1996-02-06 31 TUMOVCX COOOi VALUC (*000) cn» Ttm m» a* ww «W)5 36.242 124.497 *****3 *7,7*0 302,183 F inane* 14.470 24.497 30.967 10W24 40.423 1S0.747 (MM 5.972 U30 7402 22.340 2.4*3 24,832 PropartlM 20,820 17,693 38.522 89,143 25,162 1MJ05 Plantation 6.470 18,897 18.897 MM"* 2,852 2.852 IMM 10,610 ***** 11,911 39,414 *****924 words
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Article, Illustration75 1996-02-06 32 Paul Leo - PUI J Paul Leo OMNI MOLD has been trading between 66.5 ants and 82.5 ants sina November and is ttkety to continue to do so fttr sometime. Moving Average OonvergenaDivergena Indicator Is oedUatlng around zero, typical of a consolidation trading pattern. Mooing Averages art atio crisscrossing each otherJEN CHUA - 75 words
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Article, Illustration904 1996-02-06 32 R Sivanithy - STOCK MAKUT COMMENTAKY Banks benefit handsomely and property play continnes as more foreign funds poor in By R Sivanithy [SINGAPORE] Any lingering doubts about the ability of the Straits Times Industrials Index to break through its all-time high of 2,471 were swept aside904 words
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ON THE GRAPEVINE
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Article132 1996-02-06 32 MOTOR company Inchcape Bhd is losing senior managers faster than you can say Certificate of Entitlements. The latest to go is Inchcape Motors' business development manager Lee Chiu San, who left suddenly at the end of last month after a decade with the company. He will be132 words
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Article204 1996-02-06 32 FUND managers, being self-important like to talk in a language few can understand. For those who only speak English, we offer a translation of the words and phrases commonly used in the Industry that grows rich on other people's money. When a fttnd manager says he adopts204 words
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Article131 1996-02-06 32 TECHNICAL analysts who use the Coppock indicator in their charts might be interested to know how it evolved. According to Phillip Securities' latest Far East weekly, Ed Coppock wss a Wall Street banker who was asked by the Episcopal Church to manage its fUnds. The story goes131 words
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Article4331 1996-02-06 31 Of Gr M Wt 1995/96 Last Vei Day Last Ouota Olv Oiv VM Nat Cap *<1 High Law StNo Company Sala COOP) High Law Buyer Saliar H CV P/t 5«Mi Ww MDUSTKtALS 21* "6 1258 Acer 50c US204 *4 238 204 195 202 204 13.8 337.7 494 318*4,331 words
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Article760 1996-02-06 31 iff* y«l 0»* LMtftMt* M> M C<» Avf mh> ki mm amgrni j* cooo) nm> l— »m* cv m £5 lao so loo? ?2» 704 282 264 280 281 W 0 6.9 03 61-' 124.3 271 280 50 2001 Aiiamatrtx 50c 290 211 220 711 •o w -5 *f^760 words
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Page 21 Advertisements
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Advertisement147 1996-02-06 21 Sm today to JV LOOK GREAT fm FOR YOUR Jm LOVED ONE B3EE2E3ESSB What better time than Valentine's to get your figure the way you want it for your loved one Marie France Body line is the safer, surer way to lose fat without suffering hunger or exercise routines. And147 words
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Page 22 Advertisements
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Advertisement1143 1996-02-06 22 I 180 Cecil Street #17-00, Bangkok Bank Building^ingapor^69s4^^^^^^^^^^^^| I (This is to be read in conjunction with the Fund's Notice of Extraordinary General Meeting) I J The Board of Directors of ASEAN Fund Limited is pleased to announce I I That the United Kingdom Board of Inland Revenue has certified1,143 words
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Advertisement93 1996-02-06 22 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified93 words
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Page 23 Advertisements
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Advertisement44 1996-02-06 23 I In a world of change, isn't it nice to know that some things stay the same. Like our dedication to customer service. L—l— THE ORIENTAL SINGAPORE SM The Oriental, Singapore, 5 Raffles Avenue, Marina Square, Singapore *****7. Telephone: (65) 33N(H)66. Facsimile: (65) *****3744 words
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Page 24 Advertisements
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Advertisement1381 1996-02-06 24 SCOTTS HOLPINGS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT In response to the Press Release (the "Release") issued by Mr Rafiq Jumabhoy ("RJ") on Scotts Holdings Limited's ("SHL") Announcement dated 31 January 1996 (the "Announcement") on the disposal of SHL's interest in the Project in Gurgaon, India (the "Project"),1,381 words
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Page 25 Advertisements
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Advertisement754 1996-02-06 25 S S TIMES COMPAf«EsS^T° F Ap H 5O 'N THE MATTER OF THE COMPANIES ACT, CAP. 50 AND YEONG iAfow MARINE TRANSPORT PTE LTD I I r"~— ——i IN THE MATTER OF LIQUIDATION) CARPE DEM PTE LTD NOTICE OP FINAL MMUMC NOTICE OF SPECIAL No6ce 15 hereb > B ,ven754 words
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Page 27 Advertisements
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Advertisement25 1996-02-06 27 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock number are available in the stock pages of BT and ZB25 words
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Page 28 Advertisements
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Advertisement20 1996-02-06 28 SINGAPORE 1 J *lj§&kis<% <~« St?' %r£ A V M m B H AVAILABLE AT NEWSSTANDS GIVING YOU THE WINNING EDGE20 words
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Page 29 Advertisements
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Advertisement67 1996-02-06 29 Quickstock*„ HiHI,,, T^lhTserricevl^'Taria teal-tim* Update A* 4 ltime stock inJ 0 Gives you Uutant access to rtUabl* ttock info 10 "joker,. keep Lets you make timely decisions on your investments. H AO you need is key in the 4-digit stock number found on the SES pages of Business Times A67 words
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Advertisement28 1996-02-06 29 ALFRED DUNHILL }J[ Londinium Watch I[ Iks// .Ott/t/uZ/a/ C7%c i/artiyon. l/w (>ify CI Lin hi i( r fy? ant^ fiainuirti M a/ (><>ttr/. O/ass/cs to treasure since ASty?.28 words
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Page 30 Advertisements
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Advertisement24 1996-02-06 30 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, Please call our Customer Services Section on 1800-749-2577.24 words
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Page 31 Advertisements
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Advertisement114 1996-02-06 31 Itims WE'RE A BANK OF KNOWLEDGE ON 818 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 than at Citibank. To find out about our full range of114 words
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Advertisement22 1996-02-06 31 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003, axm eertfs "ff -fc a*minute. -fej v,j. v~22 words
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Page 32 Advertisements
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Advertisement922 1996-02-06 32 Singapore Closing Share Prices 08/02/1996 CLOSE PREV LOW HIGH till## uss uss uss uss MIIF# Jardine Matheson 8.25 8.20 8.20 8.35 WfXnXfl Jardine Strategic 3.46 3.44 3.44 3.48 I VOfiy J Dairy Farm 0.94 0.055 0.04 0.05 Hongkong Land 2.30 2.36 2.37 2.43 wmmmm Mandarin Oriental 1.30 1.28 1.20 1.30922 words
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Advertisement286 1996-02-06 32 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF F AM CONSULTANTS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held at 420 North Bridge Road. #05-39/40 North Bridge Centre, Singapore *****7286 words
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SHIPPING TIMES
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Article315 1996-02-06 33 Knight-Ridder, Reuter MOST sizes of dry cargo tonnage were affected by declining rates in the Atlantic. So far the capers and handy-sizes have been the most severely hit by the current slump, but on Friday there were signs even levels for modern Panamaxes were being dragged down. TheKnight-Ridder,; Reuter - 315 words
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Article282 1996-02-06 33 m m mi *h m CWT attribution 171 ♦0.01 192 Chuan Hup Holdings 1.26 unch 96 Cotco Invastmant 1.99 *O.01 1» FtlS 8-05 *0.05 WW FreMttLMu 0.93S *0.005 254 GB Holdings 132 -0.01 327 Hat Sun Hup 1.04 *0.01 1476 HKacNZaaan U6 *0.03 2*5 MCHoMbtgs HK5.60 Jaya Holding*282 words
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411 1996-02-06 33 Yong Mei Fong - Petrotech to operate in first petroleum truster site in east Vietnam coast By Yong Mei Fong [SINGAPORE] Local firm Petrotech Marine Consultants is pioneering ship-to-ship transfer operations for oil tankers in the first petroleum transfer site in Van Phong Bay on the411 words
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Article222 1996-02-06 33 Bloomberg Business News [LONDON] General Electric Co pic's Yarrow shipyard near Glasgow cut 650 of its 2,900 jobs because its workload is dwindling, British newspapers reported. The Independent of London also reported that Yarrow warned it will cut more jobs in April if it doesn'tBloomberg Business News - 222 words
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PORT Shots
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74 1996-02-06 33 AFP [SEOUL] Sooth Korea's Daewoo Heavy Industrie# Ltd has landed an order worth US$64 million (StBo4 million) to build two container ships for Conti Reederei of Germany. Construction of the two 2,100-TEU containers, which will have speeds of 20 knots, is scheduledAFP - 74 words
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63 1996-02-06 33 [LONDON] South Africa's Saftnarine has switched its 2,020-TEU SA OranJe, to the South African Register. Hw company now operates five containerahips under the SA flag and hopes more will follow. Projects and finance executive Ivan Heeeom-Green said his company and other South African shipowners63 words
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Article57 1996-02-06 33 (LONDON! One of Europe's biggest-ever maritime transport tele-communications systems has been launched at a meeting in Lubeck. Thirty partners in 10 Baltic countries have Joined the Bopcom—Baltic Open Ports Communications System. It will be introduced in phases over three years and cover all aspects of Baltic57 words
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64 1996-02-06 33 Bloomberg Business News [HONGKONG] Fairyoung Holdings Ltd, an investment holding company, plans to list its China container port subsidiary in Hongkong, the Chineee-language Hongkong Economic Journal reported, citing managing director John Chan. The unit, Fairyoung Port Investment Holdings, has a 92 per centBloomberg Business News - 64 words
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242 1996-02-06 33 David Hughes - More orders forecast over the next few years Froml David Hughes in London GERMAN yard deliveries in 1995 show that, despite the headlong rush by domestic owners for cheaper foreign facilities. German know-how and quality still finds its takers. An erui-of-year242 words
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211 1996-02-06 33 Reuter [MANILA] Fast ferries, a recent boon to the Philippines' ageing domestic shipping fleet, are starting to flourish in this country of 7,100 islands which has lost thousands of lives in sea disasters in the past few years. The Philippines could evenReuter - 211 words
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140 1996-02-06 33 Bernama [KUALA LUMPUR) Halim Mazmin Bhd hopes to finalise its negotiations with foreign shipyard operators to set up shiprepair and shipbuilding facilities in Malaysia by the middle of this year, says its executive chairman cum managing director, Halim Mohammad. He saidBernama - 140 words
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95 1996-02-06 33 [SINGAPORE] The Port of Singapore Authority has awarded a $90.6 million contract for the supply of 12 quay cranes to Itochu Corporation of Japan. These are the first of more than 100 quay cranes to be used at the new container terminal at95 words
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Article, Illustration687 1996-02-06 34 (SHIPPING AGENCIES: TO SPECIALISE OR NOT? Some agents spread their business risk among many principals while others keep to working with a single one. And though the number of dedicated agents is rising, there is still a need for both Fairplay SHOULD agents spread the riskFairplay - 687 words
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285 1996-02-06 34 PAOE Ethiopian 6 ACL II Evtrett 12 AHL 3 Emgrwfl 6 AM« 7 f4mous 7 Accord 12 foonflSun t2 AhrenkM 4 frotj *2 ApptmiMp 4 [ft World 12 Astro 10 G Link Express 4 Austral 11 Gatowwt 12 Avmt 6 <•«"**«« '3 BSA285 words
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Article13401 1996-02-06 40 ETA ETA Advartisar VMMl Voyaga Pg ETA ETA Advartisar Vasaal Voyaga Pg SIN Dast'n Nama Nkm No. No. SIN Dast'n Now ..Nama No. No. M/oz 10/03 sinotrans zim Shanghai iw a A M/02 12/03 Evargraan E. GROWTH 2-OS2W 6 ikU| H/02 12/03 TrHsttno EVER GROWTH 0092-052W 4 (Mm*.13,401 words
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SHIPS IN PORT
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Article484 1996-02-06 47 Vessel Vey Me Bertfc jwW Departure JarMf Pert (BT) Sefati J1 alongside 02.02/1800 '(ID Suriati III 10/96 J1 alongside 02.02/0600 Man Mali N264 J9/10 alongside 02.02/2100 Buana Indah 03/96 J2 alongside 02.02/2300 'Bami Putra 02/01/96 J12 alongside 02.02/1300 ilUmtrans Leo/B 19/95 J13 alongside 02.02/2300 RwniaSelatJ 01/96 J9 alongside484 words
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Article1746 1996-02-06 47 RECEIVING OF EXPORT FCl CONTAINERS AND La CARGO lootlng/lil Mr i Rstts SMp Voy Mo Ett/Btr Nrtoi from T» Fwm Ha oo» or/mo ovnoo ovus* ovmo 1 MIN MM WMN 4 04/1200 04/M5* 04/1700 m mum i ovbm nw ovmo ovnoc ov*m c^-ioc u 01/1700 04/049* 04/OTCX) a1,746 words
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Article802 1996-02-06 47 THIS report, compiled by Cock ett 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 the802 words
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Article569 1996-02-06 47 ran* New Zealand: Market and Public holiday, Waitangl Day. FEB 8 Slovenia: Market and Public holiday. Cultural Day. Lebanon: Market and Public holiday, St Maroun. Iran: Market and Public holiday, Revolution Day Holiday (National Day). FEB 12 Japan: Market holiday, National Foundation Day, (in lieu of Sunday, February569 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration382 1996-02-06 48 Dexter Lee - Govts should upgrade their operational procedures too, says lata director-general By Dexter Lee [SINGAPORE] Asian governments must speed up the development of infrastructure to benefit from the boom in air travel in the region, said a senior aviation executive. "There is a dangerARTHUR LEE - 382 words
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335 1996-02-06 48 Rumours that S'pore may take its place if disputes continue AFP [SEOUL] China is rumoured to be dumping South Korea in favour of Singapore as co-de-veloper of a US$2-billion (Ss2.B billion) 100-seat passenger plane project if disputes with Seoul continue, a newsAFP - 335 words
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Article, Illustration54 1996-02-06 48 [ASUNCION, Colombia] Rescue workers searching for victims after a cargo plane crashed into homes near Asuncion on Sunday, killing at least 21 people, most of them children playing an outdoor volleyball match. The plane, a DC-d aircraft of Colombia's Lineas Aereas del Caribe, crashedREUTER - 54 words
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210 1996-02-06 48 Bloomberg Business News [LONDON] BAA pic, the operator of seven UK airports, is expected to report a 14 per cent increase in third-quarter pretax profit as the worldwide recovery in air travel boosts retail sales. "The underlying story is very strong," said MarshallBloomberg Business News - 210 words
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Article193 1996-02-06 48 Reuter {LONDON] Privatisation of Britain's passenger rail network got under way on Sunday, with a few hiccups an investigation into fraud allegations stopped one franchise, and passengers on another started out by bus. Three British Rail franchises were scheduled to go to the private sectorReuter - 193 words
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232 1996-02-06 48 Reuter [SYDNEY] Budding international airline Ansett Australia turned its attention back to its home market yesterday, challenging Qantas Airways to a dog-fight for market share by announcing a larger-than-ex-pected fleet expansion. Ansett said it would acquire 10 additional aircraft within the nextReuter - 232 words
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Article135 1996-02-06 48 Bloomberg Business News (DETROIT] General Motors Corp is planning to offer consumers thousands of pages of information about its cars and trucks through a new address on the Internet computer network. The Detroit-based car maker yesterday unveiled its new site on the computer network'sBloomberg Business News - 135 words
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135 1996-02-06 48 Reuter [ADELAIDE] Australian Prime Minister Paul Keating said the Labor government would spend A 1370 million (*****.9 million) over Ave years upgrading the country's rail tracks. Mr Keating said the money would be spent developing a group called Track Australia that willReuter - 135 words
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244 1996-02-06 48 AFP [MANILA] Three government partners of Philippine Airlines Inc (PAL) chief executive Lucio Tan may sell their shares in a consortium controlling the airline if the beleaguered flag carrier turns in a profit in six years, reports said yesterday. Under a put-optionAFP - 244 words
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LOG Book
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Article65 1996-02-06 48 AFP third round oftalks on liberalising air cargo flights hare, l pti,iaOT d®«01n« approaches. The talks atTokyo's Transport Ministry are scheduled to end tomorrow, but art imllkaly to be smooth as Tokyo has been opposing Washington's liberalisation proposals, J{Ji Press toft Tte United States is propoalngAFP - 65 words
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76 1996-02-06 48 Bloomberg Business News [TOKYO] South Korean carmakers will step 19 exports of parts to Japanaaacumpautoa, the NUnmßUmi newspaper wportad yaatmja>.Daa>woo Corp win and other parts to Japan's IsuxuMobOT Ltd tos billion yen (8198.7 million) in 1998, a five-fold increase Aran the camot levelBloomberg Business News - 76 words
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57 1996-02-06 48 Reuter [LONDON] Carv> carried by British Airways roe« 8.4 par cant to 609,000 tonnes in the nlna months to end-December, thecompsny Mid. Cargo tonne-kilometres rose 8.3 per cent to9B9million km in the third quarter with yields improving by lJpareant. reflecting the changing mix of trafficReuter - 57 words
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Article63 1996-02-06 48 Bernama Airlines (MAS) will conduct eight additional fllifati between hare and Kuala T .nmpurfrom flsfc 19 to 97 to cope with the dilnase New Year and Hart Rayaruah.MASKotaßarumanager Haron Ahmad said yaatarday the extra flights would be between spm and B£opm on Feb 19,24.28 and 37. Meanwhile,Bernama - 63 words
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Article1268 1996-02-06 48 CITY FU6HT ETA ftJ6HT ETP tw0nWC gy 0920 WW 2B0 NmI VN74S 1305 ****** 1405 MtfaM* mil 1910 0T62 2050 W74I WO VW740 MW OFtl 1930 Hat Yal TG407 2120 T6400 0120 «a laws 2255 1*096 1920 AattarOaa GA097 1145 KLM4 0110 Ha CM MM VW7411,268 words
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Page 33 Advertisements
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Advertisement11 1996-02-06 33 Should shipping si tfonrioc ftgcimwi specialise? Sole-client v general agents. P«|B211 words
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Advertisement423 1996-02-06 33 Asia urged to develop aviation facilities Govts should upgrade software too. Back Page tm BPLL SThe Hongkong Shipowners Association's (HKSOA) new chairman is George Chao of Wah Kwong Shipping. He replaces C C Tung of Orient Overseas International. James Hughes-Hallet of China Navigation Company takes on the position of deputy423 words
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Page 34 Advertisements
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Advertisement1271 1996-02-06 34 HHHHI I OTHER DESTINATIONS 1 I NORTH AMERICA 1 WEST COAST Of CENTRAL AFRICA (MAWQAPfTA BgßvjcFi CALJFOWNU {PmgCT F>K)W WCTT wr casal u dm n ii n mi ok w aaicoon wa I*" I m Injare^iHiiiiJ——MiMih'^^'lTnni— IP I iwjmbii'l I mrnmm m m nm nm nm nm vm vm mm1,271 words
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Advertisement249 1996-02-06 34 I fnsn M«»nb«rB of the Regietry of Mwnbwaoftw \nßKf Accredited Shipping Agents. Smgapcwe Freight ronmrdera National Shipping Aaeoc Aaaociaion. <O VW Sa%oJust talk to us... Iris Lim 740-2044 Patricia Chew 740-1645 Jarrod Leong 740-2089 Philip Koh 740-2382 jfSSNHHHHHk: ■JAGRANi 12/02 I ■p*HFORTUNE 20/02 ■BALAJI DIPLOMAT 23/02 27/02 RtfcnMftaffinrtUK I* E249 words
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Advertisement1056 1996-02-06 35 PAQRC SOUTH WEST EXfRKS (DttKT) *5® w m aire ship m pm mb» oo mk a. hou moo 1 ox «/w 07/w 00/w n/w 27/0? n/n n/n n/n n/n n/m oi/w ti/w ogaajjOigA *x ivw W IS/M 01/03 >5/03 ls7or "575" "0770T "w76~ 176" wow oayi 10/02 2i/n n/w 00/1,056 words
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Advertisement1247 1996-02-06 35 HANJIN SHIPPING I USA fitiiiii r immmrm imi I«nI I «a m iw> I<m|in|m. iic |«|q. m mImT m IV I -n£h H 122 22 22 w/ W/M M/w -w Zl™ "!2 11 "2 "2 *2 I w/M I ,i/w jjg w/«» -Tgg- -^-I^-I^l^--^-M 22 2211 »i 2 «2 221,247 words
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Advertisement1226 1996-02-06 36 «ssa VOY HIM IDIM ANT IMA S7ON PKUN6 SMt Hfi MO TYO SN IOK NIC I mNNt»Ba»BS tt7»T ~i77i fsTi ia/i ~i7? n?T~ W IDT ~W ~WT ~nft jm <v«i «/i n/i h/i n/> ii/» iz/* is/? w«m ~WnT w a/i a/i it/i l&r~M~~E7r~iifi Wi umm 30/<O4 27/1 «/l 31/11,226 words
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Advertisement977 1996-02-06 36 II NOR ASIA VESSEL VOY Ism alo las bcl val ham mh kt ant FE lma NORASIA HONS KONG 0008-3 MM 27*2 WV. 02*3 IW3 MI mm* ITI. NORASIA SHARJAH MU IW OMD 0«3 HW W »HOUWM 007W M« 12*J "*3 IMB 17*3 11*3 17*3 1M 1«N MM 11*1 SL977 words
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Advertisement603 1996-02-06 36 JAPAM/HOMOKOMO/STRAfTS REGULAR SERVICE LOADING FOR PORT KLANO/PENANO vtwa vov »wmt pbuoww na rcw TATMAK TUJUM 11 SIP Tjpj CALATAMMH I to PI 17 Fa LOW OH J HP! hamoy vwmw 1 nn mfb 1»w~ ggmg j >7FH Ufa SHWUWE4 J Ufa MFB 12 Fa COMTY H_ 11FB 11 Fa (ELECTA603 words
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Advertisement824 1996-02-06 37 SHIPPIWQ PTE LTD l|M Mm 10 Km Chlaaf Road #11*91 Ktppol Tmrara Siiapf 9299 T»l: *****5S F»x: *****7 fTAAITI HO« VMX ten mL MoT Ml UMM I Utatt UJTOrKfm mrolf>w> CAAAKA MM2 VMS HMUNI talllMMH. PNfiniMCl unv Mlli tmMISIM VM4E 13M15M Mm. K* UmM> A Htm. T? ITMITIMOPt VMMf MMIIM824 words
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Advertisement1414 1996-02-06 37 Mfc P&o Containers (Singapore Afenciea) Pte Ltd > I First Class Connections WORLDWIDE Tel: 225 2233?TdecRS *****1W0C5P? 7517 I CI Naaber: *****9 IMMZ UCPORT v IMDADT it I MTVVII J J tsSgH* oa!n om* oSos Sam S2/03 So* SSn 1" gS?>„—. wonr xm am hot ham n sou uh alo1,414 words
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Advertisement343 1996-02-06 37 I—mAM OWOWM WB.WIJON Ml MB MO M BE TOK TM MB Mi OB MM MS 225 MMMMZMWH W irtar-ariwr-ariiia a~ mmvi/m jmljmEjmi n-nm imz mm "sb~ "iS -r- "Eb "bm" ST mtmsLßß— jul juml IS SSI 3Z 3Z St MBMim/MB J7g.Jjg.lMg n-BM M» MM WB mT "55~ BM WM iWRIMai|M*l343 words
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Advertisement949 1996-02-06 38 MP MM Ml NN THP UN LHV THP ROM ANW HBfi PKL W I EBEPUTERWS3I MA 1/B 10 30 M SO I. BAALANO NE-843 13/1 13/1 13/1 110 13/1 11/1 lift 1M 80 80 1M 11/3 13/3 I. BAR OEM RE-882 21/1 24/1 IVI 28/1 *7/1 1M MO KJ2l"*-*! 1M949 words
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Advertisement814 1996-02-06 38 w(M(oto SmSw wn iwj Iwn k?O7 jm» B& $k Sow, miom o% o£m oTS? SfJw it/m I ■UN COMMA O*7«7W \SM Mi %M VAtt 2* 9m TMtt KIM SS2S 8/5 85 JI/5 I ■aeagi I*®" *I'*® J# up m I vissa votmi an cap sap I lunnu? !2 03 M/814 words
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Advertisement531 1996-02-06 38 FW TEL: *****33 (IS UNEB) g» FAX: *****18/*****03 Hf TELEX: RS ***** MBMP (3 LktM) CR NO; **********0E (l jA( BSPHMMMIIB f (NrtwrtHwirfMl m ACCEPTING FCL AND CONVENTIONAL Way LM*«hr 4gWB 06/03 O**** J Abyot 43W8 06AM MorntMM. OpbouM n« T" "T —7 H KIERHUMUMEi FULLY COOTAINERISED REGULAR LINER SERVICE531 words
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Advertisement407 1996-02-06 39 FOB-BAY DIRECT SAILINGS TO H/UFA -14 MTS NEW TDM 28 DATS Av MIWIWI fcwm if—ti IW tttlttt UHtfrtHktf 4#«Kf Dtft COSTAR SHIPPING PTE LTD hi: HUM CmMHT 4/o*o4l/044 C»fl—r trt OA. 4ZUMI OfnU— CMMmt 4fMMf I m£Ti7£SSm o.c.ifSsrii Cmmm/mil 4W7N •W Mi hmrt J I 2S3 tms ■"MMJttfty Otcttmru [ftpmt*407 words
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Advertisement553 1996-02-06 39 I ©HEUNG-A SHIPPING (KOREAN FLAG) O NO: I4IM«SMM M migqiißWWHUßwa "~1 V waioitwaaawgsvc I sssfflr l wHmmSf** ft It mm- *siH m M SET Mfir WraßrioMf ii/ti W H7g |wrlml■lm I m. I m\ m SUNMI |m7S/N l«/« I 12/02 I 17/011 If/12 |10/02 I 25/42 I »/W I 11/43553 words
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Advertisement421 1996-02-06 39 I FAMOUS CONTAINER LINES 80 ROBINSON ROAD. #22-02 SINGAPORE *****8 (30 P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 GLOBEUNK FORWARDERS PTE LTD ISttl TEL: *****33 (1$ UNKS) FAX: 226*89*2*6*743 TLX: *S ***** ACT WLJRfI PKU (09f *****07 J* (07) *****97 (9 UNO*)421 words
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Advertisement28 1996-02-06 39 I "EOULAR CONVENTIONAL I I Ticcn AND FLYWOOQBEIMCB> I SP PK LOADING FOR I J I FORUM POWER 12*2 15*2 AMS/AHT/UK I 15*3 20*3 TMESTE I MOMFALCOME/VASTO I28 words
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Page 47 Miscellaneous
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Miscellaneous119 1996-02-06 47 LEGEND: R Thunderstorm Temperature c A Show«r W»oth«f Wind direction with speed in knot* Roin L/ Cloudy Sky Wov h ht Surte* winds ore mdicoted by orr«wi which «y with the wind Cl) On. fui circle represents cotm or ight ond variable winds J_» One half Heche represents 5 knots119 words
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