The Business Times, 7 March 1996

Microfilm: NL20585
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 la SINGAPORE nternet: http://www.asial.com.sg/biztimes THURSDAY, MARCH 7,1996
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  • Article
    MARKET SUMMARY
    62 1 D a 5.74 (-2.64) Wm BTOOMP U53U71(+9.20) BT-MGA IUM.7V (+3.06) Q jIAJBKET MOODc STOCK MABOTIXDICCS WedamfaQr Chuge KLSEOQMP 1146.14 +11.75 NIKKEI *****.18 +57.31 HANG SENG 1B38.7* -7U8 SET INDEX 1318.21 +855 JAKARTA COUP 187.87 4.81 MANILA COMP 2818.85 +10.il TAIPEI WPl 47*181 -66.93 8B0UL COMP 851.86.. -6.66 CLSA
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  • Article
    FINANCE
    66 1 uss ss list 1.41) S 1-529 Ain DM #.877 .MM VIM MM. LMt M». MM MM UK* .0.129 0.183 8PPIAH MIL_ZZI-M«IZ_.M«1 FUME BATES SINGAPORE* AM KUALA LUMPUR J.15 JAKARTA 1S.M RANOKOK tt.75 MANILA UM HONGKONG 8.75 WR AM SYDNEY 1*75 TOKYO tm SEOUL tlM* awes- j.75 FKANKFUrr- SO# LONDON
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  • Article, Illustration
    Lock icon Complaint filed against 2 ex-Sum Cheong execs
    544 1  -  Former chairman and finance director were allegedly seen destroying company records after quitting By I Conrad Raj [SINGAPORE] Sum Cheong International's managing director, Lai Seek Khui, has filed a complaint with Singapore's Commercial Affairs Department against his former chairman and finance director for
    DAN CROSHONG  -  544 words
  • Article, Illustration
    Lock icon HK spices up prudent budget with finance sector perks
    676 1  -  Corporate tax untouched; reliefs for individual taxpayers; HKsl.6b surplus seen From* Quak Hiang Whai in Hongkong PRESENTING his first and possibly last full-year budget, Hongkong's Financial Secretary Donald Tsang yesterday unveiled a package which left the corporate tax rate unchanged at
    REUTER  -  676 words
  • Article
    High-tech stocks are S'pore investors' favourites in US
    422 1  -  By I Siow Li Sen [SINGAPORE] Technology stocks have emerged as the darlings of Singapore investors pumping money into Wall Street since last year. A check with two US brokerages show that high-tech stocks dominated their lists, whether by value or number
    422 words
  • Article
    Lock icon KL posts M$653m surplus in Dec
    220 1 Bernama (KUALA LUMPUR] Malaysia recorded a trade surplus of M 1653 million (*****.8 million) for December 1995, a notable turnaround on the deficits of Ms4o million and Msl.6 billion in November and October respectively. Deputy Prime Minister and Finance Minister Anwar Ibrahim, in releasing
    Bernama  -  220 words
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      Page 1 Advertisements Column 1
      120 1 HmeHnt River Valley condos are bedding their own despite fears of oversupply, Ff4 ■WWBE U*4s**Ml*tMs/V. Stlfl very much favoured despite the more -w pedestrian showing of tech Stocks lately. flß.** prtftjnps»% fat Property counters likely to remain a hot favourite this year, despite results coming in below sritfc $7fe prdh,
      120 words
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      Page 1 Advertisements Column 2
      9 1 HK economy seen growing by 5% this year, Pg6
      9 words
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      Page 1 Advertisements Column 3
      106 1 These companies re- leased their results for 1995. Complete reports in Pg 15. EARNINGS NET (fen) GROWTH SSL $74.16 25.0% Kapptia—k 75.06 16.6 Fata 46.00 8.0 Ctatfcrto 7.16 NA y K; i V £0 I. fl r F* Js F A jK? *<VmT;> JMEr y« B Jfm^ 1 4' W
      106 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      S'pore Broadcasting Authority considering Net guidelines
      609 2  -  REACTIONS TO INTERNET POLICING New guidelines, if any, expected to be formulated within the next two months /fc/i Catherine Ong, Jennifer Lien THE Singapore Broadcasting Authority (SBA) said yesterday that it was mulling whether to introduce a new set of broadcasting guidelines to incorporate
      609 words
    • Article
      Navy chief to become new SMRT MD from July
      157 2 MASS-TRANSIT operator Singapore MRT Ltd has picked a new managing director Chief of Navy Rear-Admiral Kwek Siew Jin, who relinquishes his naval appointment to take over the helm from Lim Leong Geok on July 1. Mr Lim, 63, will then become
      157 words
    • Article
      NE line: HDB to help those affected
      297 2  -  Packages lined np for owners and tenants of HDB property Byl Michelle Low THE Housing Development Board has put together several packages for HDB property owners and tenants affected by the construction of the North-East MRT line. In all, 72 sold flats, 536
      297 words
    • Article
      Global Access sets up base in Singapore
      301 2  -  By' Toh Han Shih BOSTON-based Global Access, a reseller of satellite time, has set up its only Asian office in Singapore. Its Singapore subsidiary, Global Satellite and Video Services (Asia), opened the office in New Tech Park at Lorong Chuan last December, said
      301 words
    • Article, Illustration
      Lock icon Local funds in manufacturing up
      343 2  -  EYE ON THE ECONOMY Investment By < Chuang Peck Ming LOCAL investment commitments in the manufacturing sector jumped 36.2 per cent to $1.9 billion in 1995, and look set to cross the $2 billion mark this year. Local manufacturers are expected to spread their investments
      Source: EDB; ALLAN  -  343 words
    • Article
      Yokogawa investing $18m in R&D here
      224 2 INDUSTRIAL computer maker Yokogawa Electric Corp is investing $18 million in research and development here over the next four years, supported by a National Science and Technology Board grant. This is part of a $50 million investment commitment announced by the company in January.
      224 words
    • Article, Illustration
      Millenia to have restaurant with freshly-brewed beer
      403 2  -  German chain to open 13,000 sq ft outlet in Singapore in next few months By, Jenny Lam MILLENIA WALK has signed a deal with a German restaurant chain to open its first outlet here which will be Singapore's first restaurant to offer freshly-brewed
      403 words
    • Article
      S'pore firm ties up with Australian entertainment giant
      455 3  -  New Era appointed sole distributor in South-east Asia for Roadshow Entertainment By Toh Han Shih A SINGAPORE company will be the South-east Asian exclusive distributor for Australian entertainment giant Roadshow Entertainment. New Era Interactive Software will sell Roadshow video games and CD-ROMs
      455 words
    • Article, Illustration
      Balmoral Lodge sold en bloc for $27.5m
      277 3  -  By Michelle Low ANOTHER Balmoral Road property, Balmoral Lodge, has been sold to the Land Resources Group for $27.5 million, or $1,261 per sq ft. The purchase was made through an associate company, Pinetree Condominium, which beat four other medi-um-sized companies including Singapore
      277 words
    • NEWS Roundup
      • Article
        PM Goh congratulates Howard
        51 3 PRIME MINISTER Goh Chok Tong has written to congratulate Australia Prime Minister-Elect John Howard on his victory at the recent election. In his letter, Mr Goh said Singapore welcomed the statement that Australia would maintain its interests In Asia while strengthening ties with Europe and the
        51 words
      • Article
        S'pore InfoMap celebrates anniversary
        37 3 t THE Singapore Info Map will celebrate its first anniversary tomorrow with a new took. The official guide to Singapore will also have a new search engine and directory listings of Web sites.
        37 words
    • Article, Illustration
      Consortium to develop US$200m Shanghai project
      172 3 LOCALLY-registered United Consortium International Group (Shanghai) Pte Ltd (UCG) has teamed up with Chinese and Hongkdfe partners to develop a US$2OO million (Ss2B2 million) project in Shanghai. UCG will hold a 70 per cent stake in Jade Buddha City, while the remaining 30 per
      172 words
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      66 2 Restoria' Darkens grey hair m Imin-^_ in 5 minutes I Will not wash out and last for weeks. 2 min-jHK A' KJ 1 ,i 1 smm-H A M mm RSloc WI u. ft Available at Ape x,@| u a r d i a n, NTUC Healthcare and independent pharmacies. Marketed
      66 words
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      Page 2 Advertisements Column 2
      194 2 Regulating the Internet, PglO b|jj|jr f®tring TRIO When a A pen and pencil just isn't enough... |w The new Rotrinfl Trio Hi-lite has a point, a black ballpoint and a o.smm pencil encased in one stylish matt black brass barrel. With renowned Rotring precision and quality, Trio Hi-lite is possibly
      194 words
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      Page 2 Advertisements Column 3
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      35 words
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  • Page 3 Advertisements
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      11 3 glf;; fiTT; If only KT ,he Wr was as W'-' smooth.
      11 words
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      Page 3 Advertisements Column 2
      240 3 4 One Problem About Your Ready-Made Glasses Is That You Don't Know Who Else Might Be Wearing Them. TREAT vbwsEiP T* om-if-h-KMD aums. MIKISSIMES EYEWEAR H Casual Professional I Charming jfl S"T I o q| —f §||j||« creates glasses according to your taste By telling us your preferences among It
      240 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Lock icon River Valley: no oversupply effect
      788 4  -  But rents are beginning to feel the heat from the large number of apartments becoming available By' Tan Su Yen [SINGAPORE] ALONG a stretch of River Valley Road lined with high-rise apartments like The Morningside, there is a charming and small development that is easy
      ARTHUR LEE  -  788 words
    • Article
      KL project to be marketed here
      169 4 [SINGAPORE] Property agents DTZ Leung is marketing CN Gallery, a freehold Ms3so million (Ssl94 million) shopping/office/hotel complex to be built in Kuala Lumpur's prime shopping belt in Bukit Bin tang. Due for completion in 1996, CN Gallery will sit on the corner of Jalan
      169 words
    • Article
      House Hunt
      1015 4 Property transactions for districts 9 and 10 (sectors 22 to 23 and 24 to 27) lodged between Feb ***** and Feb *****6. MHtf PROJECT NAME/ PROP CONTRACT TENURE LAND AREA FMX PSF STREET NAME TYPE DATE tsq TO (SSttW (SS) District 09 (sectors 22 to 23) Aspen Ht
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      Page 4 Advertisements Column 1
      138 4 to cash Venturing ov&P f Finance Schema, ?sur "cash-for-Would vou liU instant Cfttk for vrntr invoice* financing could be for as invoices and lat someone else assume liHf 05 35% P a the responsibility for bad debts? We also help to cut your administrative DBS Factors has a worldwide nelworlc
      138 words
    • Advertisement
      Page 4 Advertisements Column 2
      224 4 4 i SEC-Online, the coolest player in the internet scene in Singapore is pleased to offer an incredible low price of 5549.95 per page per month for advertising your products on the Internet. If you have been paying thousands of dollars to advertise your products in the traditional printed medium,
      224 words
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      512 5 n I Insuring Your Cargo Has Never Been Easier/ 1-4 >1 "j'IT a M»/ IfIHL j^r CL.W f tttt Jfci i ■fe^Sl mm rtiw Bl »R *p t| I Take advantage of NTUC INCOME'S Wide Choice of Plans Register with us now! IfKlirP-T IUP nlon if vflll Qrp in thp
      512 words
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  • REGION
    • Article, Illustration
      Lock icon Govt-backed fund fails to prevent bourse's plunge
      400 6 CHINA'S MTSSTT.Ti TESTS OZT TAIWAN But foreigners boy NTs947m worth of stocks Reuter, AFP [TAIPEI] Taiwan share prices closed sharply lower yesterday over fears of China's planned guided missile tests near Taiwan, but brokers said a government-backed fund prevented a deeper plunge. The
      Reuter,; AFP  -  400 words
    • Article
      Lock icon Timor car seeks protection
      265 6 JAKARTA AFP THE makers of Indonesia's new national "Timor" car should be granted exclusive five-year duty and tax exemptions, a collaborator in the project was quoted yesterday as saying. Fritz Eman, commissioner of PT Indauda Putra Nasional Motor which is cooperating with PT Timor Putra Nasional
      AFP  -  265 words
    • Article
      US says tests a very bad mistake
      261 6 WASHINGTON THE United States assailed China on Tuesday for its decision to hold a series of missile tests near Taiwan, with Defence Secretary William Perry branding the move as a "very bad mistake". China's Ambassador to the United States Li Daowu was called
      261 words
    • Article
      Lock icon Mainland projects being scaled back
      160 6 TAIPEI AFP TAIWANESE investors are scaling back or even abandoning projects in China, as the mainland's series of missile tests and military manoeuvres on Taiwan's doorstep raise fears about political risks, a Taiwanese official said yesterday. Huang Ching-tang, deputy executive secretary of the Investment Commission,
      AFP  -  160 words
    • NOTE Book
      • Article
        Lock icon EPF investment limit to stay at 15%
        83 6 Bernama {KUALA LUMPUR] The government will not raise the investment limit of the Employees' Provident Fund (EPF) beyond the existing 15 per cent to avoid any risk to the organisation, Deputy Prime Minister Anwar Ibrahim said yesterday. "The EPF is a government body
        Bernama  -  83 words
      • Article
        Lock icon First Thai PM to visit Myanmar in 15 yrs
        81 6 AFP [BANGKOK) Prime Minister Banharn Silpa-archa will > become the first Thai prime minister to visit Myanmar in 15 years when he leaves for a two-day official trip to J Yangon on March 17, an official said yesterday. Mr Banharn will
        AFP  -  81 words
      • Article, Illustration
        Lock icon In the spirit of business
        56 6 AFP [HANOI] A visitor sipping a glass of whisky offered by two Vietnamese girls at an exhibition on light industry in Hanoi yesterday. Foreign tobacco and spirits companies f f are intensifying their advertising campaign by sending their marketing employees to restaurants, hotels and bars
        AFP  -  56 words
      • Article
        Lock icon Japan bankruptcies close to record high
        69 6 AFP [TOKYO] Japanese individual bankruptcies neared a record high in 1995, totalling 43,414 cases, up 7.5 per cent 11 from the year before amid a prolonged economic slump, the Supreme Court said yesterday. The figure compared y with a record 43£45 cases scored in
        AFP  -  69 words
      • Article
        Lock icon Court sets dates for Chun, Roh trial
        77 6 AFP [SEOUL] Former presidents Chun Doo Hwan and Roh Tae ia Woo will stand trial on mutiny and treason charges on «s three consecutive Mondays this month beginning March <c 11, the Seoul District Court said yesterday. Chun, Roh and *9 14 co-accused
        AFP  -  77 words
    • Article, Illustration
      New SEZ power sparks old debate
      641 6  -  CHDVA WATCH Inland provinces oppose plan to extend legislative powers to tuo SEZs V'--. By Lu Ning THE annual session of China's National People's Congress barely opened on Tuesday, but already a new battle is brewing over an old issue preferential policies for the
      641 words
    • Article
      HK economy seen growing by 5% per cent this year
      414 6  -  HONGKONG Byy Quak Hiang Whai THE Hongkong economy will grow by 5 per cent this year, after registering a lower than expected 4.6 per cent last year, Financial Secretary Donald Tsang said in his budget speech yesterday. While his latest
      414 words
    • Article
      Lock icon Indonesia urged to ease business constraints
      221 6 BUKIT TINGGI, West Sumatra The Straits Times OFFICIALS and businessmen from Malaysia and Singapore meeting here yesterday cautioned their counterparts from Indonesia that administrative bottlenecks and other constraints in the country could hamper growth of cooperative ventures and projectimplementation in the southern triangle. Their
      The Straits Times  -  221 words
    • Article, Illustration
      Lock icon Jusen fallout could hurt financial system: officials
      341 7  -  TOKYO Controversy mounts over govt plan to use public money in bail-out Reports by Anthony Rowley THE controversy over a Japanese government plan to use 685 billion yen (559.2 billion) of budgetary funds to liquidate failed housing loan corporations (jusen) intensified yesterday as
      AFP  -  341 words
    • Article
      Lock icon Pakistan planning N-test: report
      111 7 WASHINGTON Reuter US INTELLIGENCE officials have obtained evidence that Pakistan plans to conduct its first nuclear test blast if India carries one out in coming months, the Washington Post said in yesterday's edition. The evidence includes spy satellite photographs showing that Pakistani engineers are finishing the
      Reuter  -  111 words
    • Article, Illustration
      Lock icon A mountain's fury
      37 7 [KOMAGATAKE] Smoke and ash rising into the air from Mt Komagatake, a volcano on Japan's northern island of Hokkaido, yesterday. The 1,131-metre high volcano erupted on Tuesday, for the first time since 1942. REUTER
      REUTER  -  37 words
    • Article
      BOJ hints at systemic effects if jusen plan fails
      440 7 MORE is at stake than the political survival of Japanese Prime Minister Ryutaro Hashimoto and his government if the plan to wind up the bankrupt housing loan corporations (jusen) using budgetary funds should be derailed. The ruling coalition and the opposition
      440 words
    • Article
      Lock icon Bonds fall again on deficit concerns
      358 7 SYDNEY Wage claims by unions also weigh on the market Bloomberg Business News AUSTRALIAN bonds fell for a second day amid concerns the new coalition government will not take steps to rein in the budget deficit later this year, and amid speculation large wage
      Bloomberg Business News  -  358 words
    • Article
      Lock icon China still ignores human rights: US report
      380 7 WASHINGTON Washington Post GHINA'S economic reforms have failed to alter the government's pattern of systematic disregard for basic human rights, according to the State Department's annual report on human rights around the world. The report released yesterday finds that a fundamental premise of
      Washington Post  -  380 words
    • Article
      Lock icon Socialite businessman sued for HK$287m
      191 7 HONGKONG AFP CIGAR-SMOKING socialite businessman David Tang, who counts the Princess of Wales as one of his friends, is being sued for HK$2B7 million (5552.4 million) for alleged breach of fiduciary duty, it was reported yesterday. Mr Tang, the man behind the popular Shanghai Tang
      AFP  -  191 words
    • Article
      Indon inflation up 1.7% in Feb, fuelling concern
      493 7  -  SINGAPORE December trade surplus surges 150% but annual figure falls sharply By I S N Vasuki INDONESIA'S inflation rose 1.7 per cent last month, a sign that the central bank had not succeeded in taming inflationary pressures. The country also posted a
      493 words
    • Article
      Lock icon Properly market expected to see firm demand this year
      320 7 KUALA LUMPUR Bernama THE MALAYSIAN property market, which performed well last year, is expected to see firm demand this year, says property consultants Jones Lang Wootton (JLW) of Malaysia. Its managing director, N Ratnasingham, said while prime office rents in Kuala
      Bernama  -  320 words
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      86 7 I Incorporation of offshore companies I with Chinese name I Memorandum and Articles of I Association are issued in Chinese I* Certificate of Incorporation is issued For further information with company name in Chinese and immediate service characters please contact: Michacl J Kingston Corporate documents notarised or OFFSHORE authenticated by
      86 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      30 8 S3 TAGHeuer SWISS MADE SINCE 1860 vj b> BA i A*., il c""' "N-I SUCCESS. x S/el Chronometer Series. Officially certified automatic movement. Scratch-resistant sapphire crystal. Water-resistant to 200 meters.
      30 words
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  • THE WORLD
    • Article
      Republican ticket likely for Dole after big wins
      598 9  -  WASHINGTON Two may drop oat of race but Buchanan and Forbes pose strong challenge By Leon Hadar SENATOR Robert Dole of Kansas, who defeated his Republican rivals in eight primaries on "Junior Tuesday", has taken a giant step on his way to
      598 words
    • Article, Illustration
      Lock icon Kingly task
      42 9 [CAIRO] A giant ancient statue of the Pharaonic King Ramses II being readied for cleaning yesterday. The statue was placed in Ramses Square 40years ago and is suffering the effects of the sun and pollution from Cairo's notorious pollution. AFP
      AFP  -  42 words
    • WORLD Watch
      • Article
        Lock icon Hamas bomb cell dismantled
        68 9 AFP [JERUSALEM] A joint Israeli-Palestinian investigation led to the discovery and dismantling of the Islamic group responsible for three of the four recent suicide bombings in Israel, an army spokesman said yesterday. The spokesman said the military unit of Hamas was identifiedj*ra| jpcated in the West
        AFP  -  68 words
      • Article
        Lock icon Lower semiconductor market growth
        72 9 Knight-Ridder {NEW YORK) Texas Instruments said yesterday it expects world semiconductor market growth in 1996 to be less than it had previously hoped for. "TI continues to see strength in underlying electronic end-equipment demand." it said. "However, prices for dynamic random access memories recently have dropped
        Knight-Ridder  -  72 words
      • Article
        Lock icon France to subsidise two industries
        80 9 Bloomberg Business News I [PARIS] France unveiled a two-year, 4.2 billion franc (Ssl.2 billion) programme to support its ailing textile clothing aadneather industries, a move that may put it on a (jbp&sion course with the European Commission. Citing ielgap labour costs in Asia and competitive
        Bloomberg Business News  -  80 words
    • Article
      Lock icon French stocks in for pension boost?
      224 9 PARIS Bloomberg Business News FRANCE'S efforts to encourage the creation of private pension funds promise to break open the country's financial markets to a new type of institutional investor with billions of francs to invest. The government has said it will introduce legislation in
      Bloomberg Business News  -  224 words
    • Article
      Lock icon Major tips Patten as possible successor
      238 9 ULONDON Reuter JOHN Major yesterday praised Hongkong Governor Chris Patten as a politician of outstanding ability who could be a candidate to succeed him one day as British prime minister. In an interview with BBC radio on his way back from a week-long trip
      Reuter  -  238 words
    • Article
      Lock icon Congress may allow short-term bill for debt extension
      237 9 WASHINGTON AFP SENATE Republican leaders and the White House predicted on Tuesday that Congress would soon approve shortterm legislation to raise the federal debt ceiling and avert a government default. Trent Lott, the second ranking Republican Senator, said the measure extending the
      AFP  -  237 words
    • Article, Illustration
      Lock icon Growth underestimated, inflation overstated: Fed
      427 9 WASHINGTON Bloomberg Business News THE US economy is growing and the threat of inflation is overstated, Federal Reserve chairman Alan Greenspan and Robert Parry, the San Francisco Federal Reserve Bank president, said on Tuesday. Mr Greenspan said economic growth probably was underestimated, and inflation overestimated,
      Bloomberg Business News  -  427 words
    • Article
      Lock icon Faster growth will keep EMU on track
      183 9 BRUSSELS Bloomberg Business News EUROPEAN Union economic growth will accelerate towards the end of 1996, offsetting the effect of the current slowdown and ensuring plans to introduce an EU currency by 1999 remain on track, the European Commission's top finance official said. Presenting
      Bloomberg Business News  -  183 words
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      Page 9 Advertisements Column 1
      8 9 Trade la two-edged sword for candidates, Pg 10
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      Page 9 Advertisements Column 2
      112 9 ,;;r i n K '1J W f tMI 41 Tiicriipt>aniii Hli trS y J cs^arnoiiMtfiisYßß#iwij iUHKV rtii|iiLLT, mmr titw i finrit ilr. MUfcL rfritr 1 fill'f rinr""" K2 Hx I L 1 i •;*> 7•I" m AM) WOOL-UNEN COMMMUMMS, F xW ARE THE RESULT OF CEASELESS RE3EWEH s v ih^E
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  • EDITORIAL &. OPINION
    • Article, Illustration
      It takes more than low tax to be competitive
      709 10  -  OPINION nffi'JLin.Tini By Vikram Khanna The writer is BT's regional economics editor IN THE months leading up to every budget, it seems, certain groups of businessmen sometimes enthusiastically cheered on by sections of the press start clamouring for corporate tax cuts.
      709 words
    • Article
      IN OTHER WORDS
      135 10 The current account deficit is on the high side. The central bank has to do the right thing and keep with its conservative policy, especially with interest rates.' -Haxflug^ielemed research manager for Vickers Ballas on why Thailand should tighten credit to fight inflation and the current account
      135 words
    • Article
      Regulating the Internet
      629 10 EDITORIAL IN EVALUATING the latest moves by the government to regulate the Internet, the critical issue is not whether such regulation is necessary or even feasible, but how it is carried out There is no gainsaying the need for some regulation. While it contains much that is
      629 words
    • Article, Illustration
      Trade is two-edged sword for candidates
      923 10  -  Protectionist Pat can't win Republican nomination but friction with Japan and China will keep the issue alive By Leon Hadar The writer is BT's Washington correspondent LAST week as commentator Patrick Buchanan was campaigning in South Carolina and marketing his protectionist message, Swedish ballbearing
      923 words
    • Article
      EU'S hypocrisy over jobs
      304 10  -  —iif.wvr William Bratton PhD student London via e-mail THE continual pressure by the European Union to relate trade between Asean and the EU with human, and in particular workers', rights, is both hypocritical and almost certainly a form of trade protectionism. The EU has developed a
      304 words
    • Article
      WHAT THE OTHERS SAY
      489 10 WE ARE pleased Japanese Prime Minister Ryutaro Hashimoto and South Korean President Kim Young Sam avoided a scene when they met in Bangkok, and chose instead to agree to hold talks on the issues of fishing rights and drawing of sea zones, apart from the Takeshima
      489 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      59 10 DOOMESBURY By Gary Trudeau W KXJSEE, MR. REPSTEIN. M PAT BUCHANAN IS THE I UHAT YOU PEOPLE IN THE ONLY MAJOR CANPtCME I THBSe FOLKS, HE KNOWS HT WHAT B UOERAL MEDIA HAVE TO REACHOUTTQ HOHJ THEY THINK, HE E H rmtz W (1 M/SSEP IS 7H&INCLU' h THE FORGOTTEN
      59 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Celebrating with an Indian bubbly
      537 11  -  A vintner in India is set to launch a premium eight-year-old champagne, reports clarence fermamdez CLARENCE FERNANDEZ Reuter THE cork pops out of the bottle with a retort like a pistol shot. The sparkling wine sprays out in a plume of froth. The dozens of
      Reuter; REUTER  -  537 words
    • Article
      Lock icon International winemakers seek to invest in Chile
      709 11 'Good value' wines appeal most to cost-wary wineries Reuter [SAN JOSE, Chile] Top international winemakers, fighting for an edge with increasingly sophisticated consumers, are turning to Chile to add newly fashionable Latin American vintages to their product lists. Robert Mondavi, Mouton Rothschild and
      Reuter  -  709 words
    • Article, Illustration
      Lock icon Disney's Ovitz gets a corporate education
      531 12 PROFILE NYT [BURBANK, California] When Michael Ovitz lost an US$B5 million (Ssll9 million) bidding war to sign pop star Janet Jackson, he didn't flinch. Forget Jackson, the former talent agent and current Walt Disney Co president told colleagues. Why not buy Thorn EMI pic's
      NYT  -  531 words
    • CHATTER Box
      • Article
        Lock icon Deng's health is very good: daughter
        63 12 Reuter [BEIJING] China's 91-year-old paramount leaderfteng Xiaoping is in "very good health", eats and sleeps well, has gained weight and watches television news every night, his daughter was quoted as saying. The China News Service, in a report seen yesterday, quoted his daughter Xiao
        Reuter  -  63 words
      • Article
        Lock icon Scorsese lays his cards on the table
        97 12 Reuter [STOCKHOLM] American director Martin Scorsese asked a film distributor on Tuesday to precede Swedish showing! of his movie Casino with a message explaining that central scenes had been censored. A spokesman for the distributor, UIP, tokl reporters Scorsese's can had been prompted
        Reuter  -  97 words
      • Article, Illustration
        Lock icon Lomu meets his match – on the road
        95 12 Lomu meets his match on the road Reuter [NEW PLYMOUTH, New Zealand] New Zealand's giant flying rugby winger Jonah Lomu has finally met his match in the shape of a country policeman with an eye for a speedster, the New Zealand Press Association reported yesterday. Unstoppable on the field, Lomu
        Reuter  -  95 words
    • Article, Illustration
      Lock icon Jackie 0 catalogue a hit
      487 14 AUCTION The publication huds for Sotheby's best seller ranks NYT [NEW YORK] The cover is so self-consciously quiet it looks more like a wedding album than an auction house catalogue. Yet the cool white cotton cover with discreet silver lettering that says only The Estate
      NYT  -  487 words
    • Article
      Quartet makes Beethoven sparkle
      694 14  -  MUSIC By\ P Y Van [SINGAPORE] The Medici String Quartet believe in variety. Their two concerts at the Victoria Concert Hall this week featured different programmes and approaches. Monday's concert was a conventional evening of quartet music featuring Beethoven's Quartet in G Op 18 No 2,
      694 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      448 11 ~y //t\ THE BUSINESS TIMES LIFESTYLE W exclusive the oTPatftst An alabaster cast of this Egyptian time 9 measurement water receptable can be found m at the Karnak Temple, is dated 1-4 IS-1308 I BC and is also called a clepsydra. ill I I I of all time. —i 1
      448 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      917 12 SERVINGS UNLIMITED! HELP YOURSELF TO 014 Jlme Qooi lies... s— ■wat dumpling (Imk chsmg), mini dumpling, popiah, I deep-fried spring roll (teamed yam bun, steamed minced pork ft shallot cake, sweet peanut soup, sweet red bean soup, baked peanut pastry, mee teh, ang ku kueh, huat kueh, etc Enjoy as
      917 words
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      Page 12 Advertisements Column 2
      86 12 WMm •t TTie ribs are good cheap ft Man Kan Keng af The Sunday Times voted The Sixties Mm'"* Talk about... W Good Sixties has it Cosy Rmbience Sixties has it inexpensiue Fine has it. For reservations, please call 226-5830 Sixties: 31 Marina Park, Planet Marina #01-10, Singapore *****1. Schaschlik
      86 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      658 13 Singapore Business Giving you the winning edge Where to wine, dine and entertain i' r .i I MARCH 4- 10 Tlie aroma of fiery, passionate Italian cuisine wafts through the air at the Cafe-in-the-Park. With freshlytossed salads, creamy pasta, and imaginative fish, veal and chicken expressions. A ANA HOTEL SINCAPORE
      658 words
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      Page 13 Advertisements Column 2
      32 13 Candlelight Dinner A candlelight dinner, oysters, salmon and strolling serenaders will surely spice up your romance. 7.30pm to 10.30pm Mondays to Thursdays Adult: (23.00* Child (below 12 years): $14.50* PHOENIX GOFFEE HOUSE
      32 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      487 13 TV&RADIO m*M FYE! Entertainers '95 W I LOO PM The Winners MO Sell a V,s,„„ M. AM M..rn,n«NVw» CNN S MonSr"r y MO eV "EHm Horry SS u ?ia J"" 1 MU2 k 130 Little Rascals. rninBS nBapore Call'N'Shop Anhe^o^' endS 104 Primarama. •100 The Business. Legend of the Beauty.
      487 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      218 13 CRYPTIC CROSSWORD 1N ight-watch man! (10) 9 Brother Bertram without Mi I mat, all dishevelled (4) P° I I I I I WM 10 Overflowing supply in a horn-shaped container (10) 11 I I'd returned with Katy, say, a —U Thai leader imposing a 12 Startled when one left taking
      218 words
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      723 14 I fi R EAST LEVIIMCSTON 1 ISP SHIPBUILDING ITD I FELb S (Incorporated in the Republic of Singapore) I I 1. Unaudited results for the year ended 31 December 1995 I I The Directors of Far East Levingston Shipbuilding Ltd advise the following I I unaudited results of the Company
      723 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      189 14 THE WEATHER 1 Singapore: Fair. Temperature (32-22) AMmMo HI/Lo* Good. Pain ffi/Lo* OmmL flaiilini HVLo* (M, Auckland 2116 Sinny AHkntam 012 (Vjudy MUna IiTO Shown B*JWjLi* Hl3 Sunny Atom o*l CJoudy Buenos Aim 2*17 Sw Btfng 014 (tarty Beta 04/-3 Sunny CUaffi -1/11 £3 Bonb«y »19 Sunny Bob (HI Ctart
      189 words
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  • COMPANIES & MARKETS
    • Article
      SSL's profit jumps 25% but falls short of forecasts
      412 15  -  Contributions from residential projects boost net earnings last year to $74m By Abdul Hadhi [SINGAPORE] Contributions from residential projects boosted Straits Steamship Land's net earnings for 1995 by 25 per cent to $74.16 million, which were below analysts' forecasts of $84.2
      412 words
    • Article
      Fels net gain up 8% to $46m
      373 15  -  Offshore, marine engineering are strongest performers By Rahita Elias {SINGAPORE] Listed rigbuilder Far East Levingston Shipbuilding (Fels) yesterday announced a better than expected set of 1995 figures. The group's net profit after tax and minorities but before extraordinaries rose 8 per cent to
      373 words
    • Article
      Sukamto ups Amcol stake to 10.47%
      241 15  -  By' William Chia [SINGAPORE] Indonesian businessman Sukamto Sia has upped his stake in Singaporelisted trading and property company Amcol Holdings Ltd from 9.47 per cent to 10.47 per cent with the purchase of 2.99 million shares. Mr Sukamto, who is in the midst of
      241 words
    • Article, Illustration
      Plenty of power plays to satisfy investors come 1997 and 1998
      652 15  -  BOCK LOCK SEW By L Lee Han Shih SO WHAT if Singapore Power (SP) has delayed its listing? For those keen to invest in power plays, there is a grow- ing number of candidates on the Stock Exchange of
      652 words
    • Article
      Keppel Bank misses mark with $75m profit
      519 15  -  Earnings slightly below analysts' forecast of $79m By\ Paul Leo [SINGAPORE] Keppel Bank kicked off the reporting season for local banks yesterday with a 16.6 per cent increase in group net earnings to $75.08 million for the year ended Dec 31, 1995 from
      519 words
    • Article
      Guthrie posts surprise $7.1m profit
      184 15  -  By Lilian Ang [SINGAPORE] Guthrie GTS yesterday surprised the market with a sharp increase in net earnings to 57.16 million for the year ended Dec 31,1995 and proposed a l-for-5 bonus issue. The property and engineering group also recommended a special dividend of 10 per
      184 words
    • REGIONAL COMPANIES
      • Article
        WBL's sale of 10 bungalows may bring in $90m
        361 16  -  Property income helps offset poor technology business By] Lee Han Shih [SINGAPORE] Listed WBL Corp will sell 10 good class bungalows along Holland Road in the next few months, a move which will bring in at least $90 million for the
        361 words
      • Article, Illustration
        Lock icon Plunge in profit sends Sime S'pore stock down 10%
        348 16  -  By Ven Sreenivasan [SINGAPORE] Sime Singapore's share price fell almost 10 per cent yesterday as institutions unloaded the counter following the announcement of its sharp plunge in earnings. The stock sank to an intraday low of $1.01, its lowest level so
        Source: Bloomberg; ALLAN  -  348 words
      • Article
        Agency to rate S'pore fund managers
        339 16  -  By\ Shiv Taneja in Hongkong RCP Partners, a new rating agency for fund managers, has begun rating investment managers in Singapore, its Hong-kong-based managing director Shane Norman said yesterday. Launched in October last year with offices in Geneva and Hongkong, Mr Norman said his
        339 words
      • Article, Illustration
        CityDev clinches Goodyear site
        277 16  -  By Abdul Hadhi [SINGAPORE] Listed City Developments has won a bid for Goodyear Tyres' prime freehold bungalow land at Swiss Club Road for $46.5 million. The $494 per sq ft (psf) price for the 94,199 sq ft site is close to market estimates of around $500
        277 words
      • Article
        ChinaVest eyeing S'pore bourse
        388 16  -  HK-based investment firm may list some ventures here By. Lu Ning [SINGAPORE] Hongkongbased investment firm China Vest Ltd is considering listing some of its companies on the Singapore bourse, according to senior officials of the American private equity investment firm. The firm is studying the suitability
        388 words
      • Article
        Shangri-La to build hotel in Penang
        242 16 [SINGAPORE] The ShangriLa Hotels and Resorts group plans to build a Msl4o million (5577.8 million) resort hotel at the present site of the Palm Beach Resort at Batu Ferringhi, said a report in the Star newspaper on Tuesday. The paper quoted ShangriLa's Rasa Sayang
        242 words
      • Article
        SingTel to offer interoperable multimedia services
        275 16 [SINGAPORE] Singapore Telecom has joined a global forum seeking to provide business customers with interoperable multimedia services and applications. The Multimedia Services Affiliate Forum (MSAF) has companies like AT&T, Deutsche Telekom, KDD and Telstra as members. MSAF is a non-profit group seeking to speed
        275 words
      • COMPANY Briefs
        • Article
          UPP acceptances to be returned
          84 16 [SINGAPORE] Branburgh Holdings, which is acting in concert with Indonesian parties to take over listed United Pulp and Paper Co (UPP), announced yesterday that it had received acceptances for 14,000 shares at the close of its < offer yesterday, stake marginally higher to 49.66 million
          84 words
        • Article
          CCL (Weld) signs M$80m loan
          85 16 [SINGAPORE) CCL (Weld) Properties Sdn Bhd, a subsidiary of Cycle Carriage, signed a five-year loan of MsBo million (Ss4s million) with EON Bank on Feb 29. The loan is to help finance the construction of a 26-storey office tower above the existing podium of The
          85 words
        • Article
          Armstrong takes stake in Indon venture
          63 16 [SINGAPORE] Armstrong Industrial Corporation has taken a 57 per cent stake in a new joint venture, PT Armstrong Industri Indonesia in Bekasi, Indonesia. Armstrong paid 1.46 billion rupiah (*****.000) for 12,825 shares in the joint venture. The other partners in the venture are Vatiland
          63 words
        • Article
          Additional posts for OCBC chairman
          51 16 [SINGAPORE] OCBC chairman and chief executive officer Lee Seng Wee has been appointed from March 1 as chairman and CEO of Bank of Singapore, and a director and CEO of Four Seas Bank. Both Bank of Singapore and Four Seas Bank are wholly-owned subsidiaries of
          51 words
        • Article
          Lion Group unit ops M Containers stake
          76 16 [SINGAPORE] Omali Corporation, a member of the Lion Group, bought 25,000 Metal Containers (MCL) shares at 4 $1.82 each yesterday, thereby raising its stake to 90.63 million shares or 53.27 per cent Last month, Omali't parent Amalgamated Containers offered $1.83 for each of
          76 words
      • Article
        Architect now controls feedmiller SHC
        483 17  -  Esa Mohamad bays into Macronet, which owns 30% of SHC From Ho Kay Tat in Kuala Lumpur ONE of Malaysia's emerging corporate players, architect Esa Mohamed, is the new controlling shareholder of feedmiller Sin Heng Chan (Malaya) Bhd (SHC) which on Tuesday announced a big
        483 words
      • Article, Illustration
        Lock icon M'sia watchdog unperturbed by punting
        346 17 Reuter [KUALA LUMPUR] The Malaysian Securities Commission (SC) said yesterday it did not believe it needed to step up probes into excessive speculation in stocks listed on the Second Board. "We can't stop people from speculating," said Munir Majid, who heads the Kuala Lumpur Stock
        Reuter; REUTER  -  346 words
      • Article
        Lock icon Media tycoon Packer hands top job to son
        174 17 Reuter [SYDNEY] Kerry Packer, Australia's richest man, yesterday made his 28-year-old son the top man in his sprawling media company, a move which closely followed the recent promotion of rival Rupert Murdoch's offspring. Mr Packer's son James became managing director of Publishing
        Reuter  -  174 words
      • Article
        Lock icon F&N's KL revamp nears completion
        253 17 Name change for Malaya Glass effected on March 1 NST [KUALA LUMPUR] The restructuring of beverage giant Fraser Neave Ltd's Malaysian operations, via Malaya Glass Bhd, is expected to be completed by the end of May. The restructuring, which involved Malaya Glass acquiring F&N Ltd's
        NST  -  253 words
      • Article
        Lock icon Thakral net profit up slightly
        86 17 Reuter [SYDNEY] Hotel group Thakral Holdings Ltd said consolidated operating profit after tax rose to AJ6.B million (5J7.3 million) for the six months ended Dec 31 from A 56.7 million a year earlier. Thakral, part of the Thakral group of Singapore, said revenue rose 24
        Reuter  -  86 words
      • Article
        Lock icon Sime's first-half earnings expected to dip
        214 17 Reuter [KUALA LUMPUR] Lower contributions from Hongkong and Singapore are likely to shave Malaysian conglomerate Sime Darby Bhd's firsthalf earnings, analysts said yesterday. But they expect a secondhalf rebound and a ninth consecutive year of record annual profits for the blue-chip multinational. Sime is
        Reuter  -  214 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon IBM to invest US$500m in storage divison
        459 18 It annonnces price cats of 4% to 9% in its commercial desktop personal computer line Reuter [SAN JOSE] International Business Machines Corp said on Tuesday that It will Invest US$5OO million (***** million) to Increase the manufacturing capacity around the world of its
        Reuter  -  459 words
      • Article
        Lock icon Belgian govt to keep stake in telecom firm
        177 18 Reuter [BRUSSELS] Belgian Communications Minister Elio Di Rupo said in a newspaper interview yesterday there were no plans for the Belgian state to sell its 51.1 per cent stake in partially-privatised telephone company Belgacom. Mr Di Rupo told Belgium's L'Echo he still
        Reuter  -  177 words
      • Article, Illustration
        Lock icon Glaxo Wellcome profit up 30%
        389 18 Lower operating costs, be tter sales boosted profit Bloomberg Business News GLAXO Wellcome pic said 1995 pre-tax profit before exceptional charges rose 29.5 per cent as the world's largest drug company cut operating costs and boosted sales from respiratory products and the acquisition of Wellcome
        Bloomberg Business News  -  389 words
      • Article
        Lock icon US purchase boosts Cadbury earnings
        182 18 Bloomberg Business News [LONDON] Cadbury Schweppes pic said 1995 pretax profit rose 10 per cent as the purchase of Dr Pep-per/Seven-Up bolstered sales and offset a weaker European performance that forced reorganisation in Its French unit. Cadbury said Dr Pep-per/Seven-Up, the No 3 US soft
        Bloomberg Business News  -  182 words
      • Article
        Lock icon BAT pre-tax earnings climb 26% to £2.4b on surge in tobacco profits
        267 18 Bloomberg Business News [LONDON] BAT Industries pic, a UK tobacco and financial services company, posted a 26 per cent Increase In 1995 pre-tax profit as tobacco profIts surged. Pre-tax profit rose to £2.38 billion (555.11 billion) from £1.88
        Bloomberg Business News  -  267 words
      • Article
        Lock icon MCA's TV unit to boost global presence
        246 18 Reuter [LOS ANGELES] MCA Inc's television unit plans to increase its presence around the world by forming Joint ventures or taking ownership stakes in television stations, the company's newly-appoint-ed president said. "The United States used to represent everything and the world outside the
        Reuter  -  246 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Euroyen futures link-up a major coup for Simex
        419 19  -  Traders say deal stole thunder from similar tie-up planned by Tokyo, London exchanges By I Siow Li Sen [SINGAPORE] Last night's link-up of the Euroyen futures contract under a mutual offset agreement between the Singapore International Monetary Exchange (Simex) and the Chicago
        ARTHUR LEE  -  419 words
      • Article
        Lock icon Bank of East Asia sells off fund manager
        120 19 AFX-Asia [HONGKONG] The Bank of East Asia has sold its 50 per cent stake in fund management company East Asia Hamon Asset Management to senior executives for an undisclosed price, the Eastern Express reported. The fund management house has been renamed the
        AFX-Asia  -  120 words
      • SMALL Change
        • Article
          Lock icon Japan's Juen turns insolvent:lawyer
          57 19 Reuter [TOKYO] Yokohama-baaed Juen K K has foiled to honour its promissory notes for a second time, which effectively means the firm has turned insolvent, one of Juen's lawyers said yesterday. Lawyer Michihiro Shoji said the operator of halls for parties and wedding ceremonies hart debts
          Reuter  -  57 words
        • Article
          Lock icon China Travel to tap HK$800m loan
          88 19 Bloomberg Business News [HONGKONG] China Travel International Investment Hongkong Ltd, a China-controlled travel and investment company, plans to borrow HKIBOO million (Ssl46 million) from a group of banks, a company official said yesterday. The company, which will sign the loan this month, will use
          Bloomberg Business News  -  88 words
        • Article
          Lock icon Andersen sees Viet businesss growing 50%
          69 19 Bloomberg Business News [BANGKOK] Andersen Worldwide, the US-based accounting and consulting company, predicts that its Vietnam operations will grow between 50 and 60 per cent in revenue terms annually, with revenue in the year 2000 expected to reach US$lO million, the Asian Wall Street
          Bloomberg Business News  -  69 words
        • Article
          Lock icon DMG to move into UK equities
          64 19 Reuter [LONDON] Deutsche Morgan Grenfell (DMG), the London-based investment banking arm of Deutsche Bank AG, will begin making a market in UK equities later this year, a spokesman confirmed on Tuesday. He said DMG is expected to recruit around 75 staff, mostly traders, as
          Reuter  -  64 words
      • Article
        Lock icon Credit Suisse Holding improves net profit by 5%
        421 19 1995 growth in line with expectations; group expects good results this year AFP [ZUßlCH] Swiss financial group Credit Suisse Holding improved its consolidated net profit by 5 per cent last year to 1.4 billion Swiss francs (551.64 billion) and expects "good results"
        AFP  -  421 words
      • Article
        Lock icon BankAmerica to buy back up to US$2b common stock by '97
        284 19 Knight-Ridder [NEW YORK] Bank America Corp plans to buy back up to US$2 billion (Ss2.B billion) of its common stock by the end of 1997. The new programme which wholly replaces the stock repurchase programme announced in February 1995
        Knight-Ridder  -  284 words
      • Article
        Asia took the most from project finance market: survey
        396 20  -  Asian loans jumped to USs9.3sb in 1995; Bank of America was leading project finance bank By I Soh Tiang Keng [SINGAPORE] Loans to Asian projects took up the lion's share of the growth of the global project finance market last year,
        396 words
      • Article
        Lock icon Coffee rises on fear of US sanctions
        286 20 Rumours Washington tariff on Colombian coffee of opto 50% Bloomberg Business News [NEW YORK] Coffee jumped on speculation the US may impose trade sanctions on Colombia after ruling the Latin American country isn't doing enough to fight illegal drugs. Colombia is the third-largest
        Bloomberg Business News  -  286 words
      • Article
        Lock icon Vietnam drafting mining law amid gold fever chaos
        315 20 Reuter [HANOI] Vietnam began work on a new mining law this week, focusing initially on reports a rag-tag army of prospectors, including children, was working in very poor conditions at illegal gold mines in the north. The law, due to be passed
        Reuter  -  315 words
      • Article
        Lock icon Out soon: US policy on banks selling insurance
        281 20 Paper to be available for comment in next few weeks Bloomberg Business News [LAS VEGAS] Comptroller of the Currency Eugene A Ludwig said his office shortly will issue a policy statement regarding the sale of insurance by banks. The document will be
        Bloomberg Business News  -  281 words
      • Article
        Lock icon Gasoil smuggling slows on firmer prices
        228 20 Platt's Oilgram [HONGKONG] Gasoil smuggling out of Hongkong eased in the last few weeks following firmer world spot prices and improved inventory levels in south China's Guangdong area, industry sources said. A trader with a major said gasoil volumes that the company sold on
        Platt's Oilgram  -  228 words
      • Article
        Lock icon Gold stabilises after sharp fall, but market seen vulnerable
        237 20 Reuter [LONDON] Gold stabilised yesterday after sharp falls early in the week, but the market was vulnerable to more weakness, dealers said. After taking a breather, prices could soon slide back to where they had started the year, effectively cancelling out
        Reuter  -  237 words
      • Article
        Lock icon CURRENCY REPORT
        146 20 Reuter, AFP London THE dollar barely reacted to a sharp increase in German unemployment in February, although economists warned that the figures heighten and will possibly bring forward expectations of a Bundesbank rate cut. German unemployment rose a seasonally adjusted 107,000 to 3.965 million, exceeding economists' forecasts of
        Reuter,; AFP  -  146 words
      • Article
        Lock icon Opec Feb output jumps to 26m bpd: survey
        301 20 EMERGY REPORT Reuter [LONDON] Opec wellhead crude production in February rose for the third month in a row, taking output to 26 million barrels a day (bpd) for the first time in 15 years, well above the oil exporters' own ceiling, a
        Reuter  -  301 words
      • Article, Illustration
        Untitled
        1215 20 nrraRBAWKCXnUUBWOTKATBi 4pm, Mar 6 AfalnstS* Against USS Against S$ Against US$ Cnrrandas BW OfTaf Hd Offf Carta* las Md Wftr M i Offar Franch franc 27.9M7 27.9319 5.0598 5.0608 Loeal dollars to one unit of foreign currency: Hongkong dollar 18.2* 18.28 7.7315 7.7325 Australian dollar 1.0769 1.0783 0.7625 0.7630 Indanasia
        1,215 words
    • Article
      COMMODITY PRICES
      1712 21 SICOH FUTURES Mar 6 RUBBER (Mwnt ctaht u IMfa) RSS1 datsAa) C»KO Opto Month yT Low Sttt (toawas) Intarast Apr 96 227.00 ItlOO 226.00 300 2125 May 96 ***** ***** 224.00 925 3850 Jun 96 225.00 225,00 222.50 150 2B75 Jul/Stu 96 ***** 219.00 221.50 900 TT700 Oct/Otc
      1,712 words
    • Article
      WORLD STOCK MARKETS
      2372 21 LONDON MnitrMi Met Mm A. A. Corp Mr 63 4/8 4/8 AB Ports 3084/8 *2 4/8 AbPoy National S71 8 2/8 AHtod Lyon* 511 1 Amoc 93 -1 Argyll 301 -3 Aim Group —103 4/8 1 BAT Htd S83 -7 BICC 316.840 -9.180 BOC Group 931 -4
      2,372 words
    • Article
      Lock icon TOKYO
      1644 21 Reuter HKikkri22s *67.31 STOCKS closed mixed yesterday, with the Nikkei 225 Average recouping sharp morning losses through arbitrage-linked buying triggered by a recovery In futures. But hightechnology shares remained weak after foreign Investors sold those shares actively In the morning. The Nikkei was up 57.31 points at 20,241.18 at
      Reuter  -  1,644 words
    • Article, Illustration
      Lock icon HONGKONG
      1727 22 Reuter Q Hang Seng -75J5 STOCKS clos«l sharply low* yesterday on index futures' plunge and the government's budget speech was largely ignored, brokers said. The blue-chip Hang Seng Index fell 75.35 points to 11,378.73, off the day's low of 11,345.50. Turnover dipped to HK$5.ll billion from Tuesday's HK$5.B3 billion.
      Reuter  -  1,727 words
    • Article, Illustration
      Lock icon CHINA
      661 22 Reuter Q Shanghai!! Share Index +023 SHANGHAI B shares rose, led by Shanghai Diesel Engine, as investors bet its successful reduction of accounts receivable will boost earnings. The share rose 4.6 per cent to 59.6 US cents on 421,400 shares traded. The company reduced the amount its customers owe
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  661 words
    • Article
      Lock icon TAIPEI
      388 22 AFP □WPWtt -66J3 SHARE prices finished lower as jittery investors shed stock ahead of an imminent missile exercise by China. "Some nervous investors rushed to dump shares on worries that China's two missile splash zones amount to a blockade of the island," said a trader. The Weighted Price Index
      AFP  -  388 words
    • Article, Illustration
      Lock icon JAKARTA
      689 22 Reuter CI Composite Index -3.61 SHARE prices closed lower after sustained weak sentiment as the market shrugged off yesterday's trade figures. The Composite Index ended 3.61 points down at 587.87, with advancers beating losers by 50 to 41. Volume was 52.3 million shares. Brokers said a small car battery
      Reuter  -  689 words
    • Article, Illustration
      Lock icon BANGKOK
      833 22 Reuter P| SET Index *(155 LATE bargain hunting pushed stocks into the positive territory after they languished for most of the day on poor market reaction to economic indicators released by the central bank, brokers said. The SET Index closed up 6.55 points at 1,318.21 after falling 7.62 points
      Reuter  -  833 words
    • Article
      Lock icon MANILA
      334 22 AFP Manila +1021 STOCKS rose mainly due foreign investment and advances on second-line issues. The Composite Index rose 10.21 points to 2,918.89. Turnover was 13.3 billion shares valued at 2.2 billion pesos. Among second-liners, Ayala Land Inc rose 50 centavos to 37 pesos. First Philippine Holdings' A shares rose
      AFP  -  334 words
    • Article
      Lock icon SEOUL
      419 22 AFP CI Composite Into -6J6 STOCKS fell, as weak blue chips and banking shares weighed on the lacklustre market, brokers said. "The lack of any fresh leading force kept the market mood in the doldrums," said a trader, predicting that the current trend was likely to remain for some
      AFP  -  419 words
    • Article
      Lock icon SYDNEY
      617 22 AFP DAflOrdmarieg -6J SHARES eased as a weaker gold sector combined with uncertainty over spending promises by John Howard's new conservative government to depress the bourse. The All Ordinaries Index fell 6.9 points to 2,301.1. Turnover was 285.06 million shares worth A 5652.72 million. Interest centred on the media
      AFP  -  617 words
    • Article
      Lock icon WELLINGTON
      282 22 Reuter Q Wellington -7JB SHARES closed lower. The main reason for the loss was a 13 cent slump in Fletcher Challenge, which closed on NZ53.27. The NZSE-40 Capital Index was down 7.98 points at 2,136.64. Reuter B *4- (HI ANZ Banking 7.20 -0.06 ***** Atfventeges HkJgs 1.50 unch *****
      Reuter  -  282 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Foreign funds bid KLCI to 17-month high
        7113 23 KUALA LOMPURReports Bloomberg Business News PCompogfo Index *1L75 STOCKS rose to a 17-month high yesterday as foreign funds bid up blue chips like Tenaga Nasional and Maybank. "Malaysia has been given a rating upward by foreign houses," said an analyst. "If you look
        Bloomberg Business News; ALLAN  -  7,113 words
    • WARRANTS & OPTIONS
      • Article
        Kemayan: pricey but interesting
        3761 24  -  WARRANT WATCH -By R Sivanithy ONE of the most speculative Malaysian second-liners traded here on Clob is Kemayan. The company recently proposed a warrants issue and yesterday was the first day's trading in the rights to these warrants. Given Kemayan's track record, these rights should prove
        3,761 words
    • Article
      CLOB INTERNATIONAL
      2399 24 MALAYSIAN STOCKS Cr Cf 1995/9® Last Vat Day Last Oust* Dto Mv YM Nat M Cap High Law Stno Company Sale__^Z-__OOOOM<l9h_LOTr__lk^ec$ejle<^1tCNr^%^F/e^$^ M5 «6 5000 AIS8 50C 615 wse VO 15 51 UOO 6307 127 70.5 5001 AMOB 50c 97.5 -IS 84 100 97 971 9* 4.0 10 11
      2,399 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        893 25 Tumovnrooo) valmcooo) WwtoW 4U70 24,132 67,401 119,922 *0.422 180,343 ""•"<4 Mto '5-270 20,890 47,599 31.382 78.980 y*.. VTT3 Ml 2,071 5.432 777 4J09 M12 9,820 13,532 28.289 15.814 42,107 "WW<W *044 3.044 7,W 7,911 J*S*4 V041 1,041 *741 3,741 Sw.. <0,851 14.647 9Jt30 11.997 21.228 *0.301 64J34 124,639 20*471 132.047
        893 words
      • Article, Illustration
        HOT STOCK
        71 26  -  By, Paul Leo TAN CHONG Motor Holdings' rally since October 95 is weakening. At yesterday's close of $2.03, weekly RSI is way overbought and daily Moving Average Convergence -Divergence Indicator is bearish. Moreover, the Average Directional Movement Index has fallen below both the positive and negative Directional Index
        71 words
      • Article, Illustration
        M'sian blue chips divert. interest away from S'pore
        885 26  -  STOCK MARKET COMMENTARY Local blue chips drift lower as sustained interest in KL counters send many to 52-week or historical highs By R Sivanithy [SINGAPORE] Interest of participants in the local stock market remained firmly fixed on Malaysian shares for the third
        885 words
      • ON THE GRAPEVINE
        • Article
          A global buy
          136 26 PSST! Looking for a good buy on the KLSE? Well, look no further than ma inboard-listed finance company Pan Global Equities Bhd. Analysts reckon the company's stock price, which closed yesterday at MJ6.50, could surge to around M 59.00 by the end of this month when it
          136 words
        • Article
          Here's the point
          149 26 JOURNALISTS at a press conference organised by the Singapore Broadcasting Authority (SBA) to announce proposed regulations for Internet services couldn't help noticing an unintended pun from Ms Ling Pek Leng, the SBA's director for policy and planning. She was asked why content sent through the Net is
          149 words
        • Article
          Beware the ides of March
          67 26 MARCH is turning out to be quite a non-event on the stock market in Singapore, despite it being the corporate reporting season. But there are still potentially significant dates worth noting. There is the widely-watched Taiwan elections due March 23, Bank Negara Malaysia's release of
          67 words
        • Article
          The peril of sticking your neck out
          151 26 IN THE March 1 issue of a weekly news magazine, a foreign brokerage (which shall remain unnamed here) recommended Sime Singapore as a buy. One of the reasons cited was the group's strong motor dealership division. It said: "Thanks to popular new models
          151 words
    • Article
      MAIN BOARD
      4085 25 Or Or M Wt Last Val Day Last Quota Dtv Dtv YM Nat Cap Avg mg» U» >m* Cw—awy m rooo> m* lw nyar saaar cv p/t M wii MDtfSTRtALS 214 176 12S8 AcarSOc. US201 *1 177 201 199 19® 201 13 6 332 7 222 3 .T
      4,085 words
    • Article
      SESDAQ
      695 25 Mtoh* 4/ Tl« St No COMM. £2 °*V Lart 0»t» tSl Mv n« Not cjp Aw| Company M» COOP) HH» L— 8»yor Slur CV P/t %m* Prtco IU so m 244 264 26T 2 0J 57J 21 2 89 M 5 *55 < >C 2 s "J" 5 *52
      695 words
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      138 15 ln<liYi<lualili) is l>« 111«| aim; I<» llm.L on I si< I. il \v square I —lvic licvillc C lironoo'r.iplie An tomal ii| tic tic lornic loiuicati 7 V Manufacture Girard-Perregagx DEPUIS 1791 Pictured: Model ***** 0.1 1.6156 "Tonneau" automatic chronograph in stainless steel Exclusive Distributor: BMI Pte Ltd Tel: 737
      138 words
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      Page 16 Advertisements Column 1
      231 16 Sime's first-half earnings expected to dip, Pg 17 IT'S NOT IN THE HEAD. ITS ALL IN THE SHAFT. 99% of branded golf clubs have their shafts manufactured by world class shaft manufacturing companies like True Temper, Aldila, G-Loomis, Brunswick etc. just to name a few. The reason is simple. Golf
      231 words
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      Page 16 Advertisements Column 2
      77 16 STRATA UNITS FOR SALE BY TENDER NGEL BUILDING Freehold Title Total of 14 strata units for sale: 2,925 sqm/31,484 sf I; > Master Plan Zoning: Industry To be sold with Naming Rights > A Ideal as Corporate Headquarter 11 information or inspection, Please JOINT MARKETING AGENTS Playfair Road, Lot 6130
      77 words
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      Page 16 Advertisements Column 3
      17 16 (£iy M 24 Mount Elizabeth Singapore *****8 Tel: *****88 Fax *****66 A Member of Far East OrgmmigtitH
      17 words
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      Page 17 Advertisements Column 1
      84 17 i Kit Mil MLUiTM 11 BI iKiCiKH B.f J KlLf J I i Asia is booming. But much of that growth has come from repr(xlucing Western ideas cheaply. If Asian businesses are to reach their full |x>Untial. they must now adopt some of the thinking that led to the creation
      84 words
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      Page 18 Advertisements Column 1
      730 18 1 f I Straits Steamship Land Limited I (Incorporated in the Republic of Singapore) H 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1905 I I The Directors advise the following unaudited results of the Group and the Company for the year ended B 31 December 1995: B B
      730 words
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      Page 19 Advertisements Column 1
      686 19 [IJ Keppel Bank I ■XJ of Singapore Limited I (Incorporated in the Republic of Singapore) The Board of Directors of Keppel Bank of Singapore Limited is pleased to announce the following:The Group The Bank 1995 1994 1995 1994 $'000 $'000 $'000 $'000 Interest income 420,126 351,814 336,227 274,629 Less: Interest
      686 words
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      Page 20 Advertisements Column 1
      391 20 BUSINESS TIMES TOLL—FRRP.TEI.. No. 1-aOO-741-1883 t'AX:74I-12»e IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ALAN A CWEE PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 308(2) of the Companies Act. Cap. SO. thai the Final Meeting of Members of
      391 words
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      Page 20 Advertisements Column 2
      7 20 ♦The Simex closing report w&a not available.
      7 words
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      Page 22 Advertisements Column 1
      38 22 1 MONT* BLANC THE ART OF WRITING Available at MONTBLANC BOUTIQUES Singapore Ngee Ann City #01-32, Raffles City #02-03. MONTBLANC CORNER: Seiyu 3rd Fir., Bug is Junction, Sincere Watch #01-013/015, Sun tec City Mall and all authorised dealers.
      38 words
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      52 23 "7 =5 n 4mf f 'tiS« i-#>' -*ir 'sJSw'l"' 4- W "TtT'ITi# 1 i I&iP 't* i' jf |s i -->> t I 1 J AVAILABLE AT NEWSSTANDS j-:*: <L* 4 m- mm r MB Ml. m B I ivl MBWkBm K UU /km flBV I "7' IT r V<:
      52 words
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      Page 24 Advertisements Column 1
      44 24 SMOOTH AS SILK TO BANGKOK Travelling to Bangkok? Fly smooth as silk on Thai Q| w T|lipc riAII V* six times dally. Enjoy gourmet food, vintage lIKIEd French wines and a standard of service that's Thai. Smooth as silk. 'Effective from 31st March 1996.
      44 words
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      Page 25 Advertisements Column 1
      39 25 PRECEPT EV ShHILS PJ^W Somethingin your game^ EXTRA SPIN Combines the Superior Distance with the Spin and Control of Wound Balls. EXTRA DISTANCE The Ultimate Ball for Distance and Accuracy. For Better StmoGesnne SPORTS PTE LTD Tagore Lane Singapore
      39 words
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      Page 25 Advertisements Column 2
      42 25 BUYa SELL/ FIND<* Classified ads can speed up your search for the right car. No matter what it is, you can always buy it, sell it or find it with the Classified T0 L I FREE 1800-737-1166 Coll Today For Results Tomorrow.
      42 words
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      Page 26 Advertisements Column 1
      191 26 ;]`/;"*^!>@.>`}.;\!^+</^&/|*`.| The" Business Times Faster. Sharper. Peeper A bold new look and a fresh approach to the news and views. Faster with the news, and with the meaning of the news. Sharper focus on business and markets. Deeper analysis of trends, and more opinion and commentary. Start my TheßusinessTimes Subscription
      191 words
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      Page 26 Advertisements Column 2
      200 26 W THE HIGH COURT OF THE REPUBLIC OF SINGAPORE COMPANIES WINDING UP NO. 237 OF 1994 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF yip SOH CONSTRUCTION PTE LTD (IN LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which was
      200 words
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      Page 26 Advertisements Column 3
      709 26 Singapore Closing Share Prices 06/03/1996 CLOSE PREV LOW HIGH US$ US$ USS US$ All If# Jardine Matheson 8.25 8.25 8.20 8.25 Jardine Strategic 3.48 3.48 3.46 3.48 KKssSf J Daif y Farvn 102 102 100 104 Hongkong Land 2.34 2.32 2.30 2.34 |HlßVjHjpi Mandarin Oriental 1.29 1.34 1.28 1.31 E£KUliB«
      709 words
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      Page 26 Advertisements Column 4
      141 26 Name of Company: Winhouse Construction Re Ltd Company No: *****3246W Notice is hereby given that on 24th day of January 1996 an order for appointing a new Judicial Manager to the abovenamed company was made and the relevant particulars of the matter are given as follows: (1) Number of Matter:
      141 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      272 27 Knight-Ridder, Reuter THE BALTIC Freight Index (BFI) fell again on Tuesday but only by two points down to 1,347 and shipbrokers said that dry cargo rates looked more stable generally, particularly citing Panamaxes. Rates were seen rising from East Coast South America. US Gulf/Japan was fixed by ADM
      Knight-Ridder,; Reuter  -  272 words
    • Article
      MARITIME STOCKS
      235 27 Ifcrl M CWT DmrfcwtXw 144 ioToi W Khum HM» HiWwfi L2C -0X1 4* Cmco HwwtnMnt tW UaeH 4 ftu ?jn ♦o.os SM /raWNLMs 0.924 *0X10 17 Mllillp U1 *001 1 JMSMMMPOtmp -102 *0X2 20V Vucm&m* toe -oxi 9i NCIIKnp MK9.60 Hp 134 -0X3 17 -JMTMfSNprart V-lO *OJO 129
      235 words
    • Article
      Ports for Thai landbridge in the wrong places, say planners
      484 27  -  Officials also fear huge budget involved would be a drain on fond sources From, Alan Boyd in Bangkok FRESH doubts have arisen over the future of the southern Thailand landbridge project, as government planners say two deep-sea ports being built
      484 words
    • Article
      Lock icon India's privatisation of ports inadequate: report
      234 27 No induction of new technology by private operators involved Knight-Ridder [NEW DELHI] India's widely touted port privatisation policy is skewed and inadequate, a parliamentary committee said, according to a report in The Journal of Commerce. It cited evidence that "very few proposals involved either
      Knight-Ridder  -  234 words
    • Article
      Lock icon Bremer Vulkan to get 100m marks to stay afloat
      129 27 Reuter [BREMEN, Germany] Creditor banks of Bremer Vulkan Verbund AG have agreed to pay out nearly 100 million marks (5595.4 million) in new fUnds to keep the cashstrapped German shipbuilder afloat, the group administrator said on Tuesday. "The credit to continue
      Reuter  -  129 words
    • Article, Illustration
      Lock icon Teaching old dogs new tricks
      729 27  -  SBiraiUPE By Yong Mei Fong YOU can't teach an old dog new tricks, some ship chandlers told Mike Sim, president of the Ship Suppliers Association (SSA), when he decided to organise the first ever conference and exhibition for the ship chandling Industry here. Especially not
      ARTHUR LEE  -  729 words
    • Article
      Lock icon B&W's third bailout plan collapses
      217 27 Danish shipyard likely to face bankruptcy Bloomberg Business News [COPENHAGEN] Burmeister Wain Holding A/S's third bailout plan collapsed after US creditors refused to accept the plan to save the Danish shipyard. "I think the best solution would be to head for bankruptcy and work on
      Bloomberg Business News  -  217 words
    • Article, Illustration
      Evergreen's speediest ship
      79 27 [SINGAPORE] The fastest ship in the Evergreen fleet, the Ever Ultra (above), was christened at a recent ceremony in Japan by the wife of Chang Yung-fa, chairman of the Evergreen group. The vessel is the first of five U-class 5,364-TEU post-Panamax container vessels being built at Mitsubishi
      79 words
    • Article
      Lock icon Historic Cunard line up for sale
      199 27 Reuter [LONDON] Luxury cruise ship operator Cunard, owner of the Queen Elizabeth II and other plush liners, is up for sale after its ailing parent company Trafalgar House agreed to a takeover by Norwegian engineering giant Kvaenter. Kvaerner says several buyers have expressed interest
      Reuter  -  199 words
    • PORT Shots
      • Article
        Lock icon Jakarta cases up on transport
        48 27 Knight-Ridder transport ministry mi cut the ggg and permits imposed on sea, land and air <* wk imiwiiKTicw, iWerday. This it the first <rfa eerie* of dsregtistory J in the transportation sartor,"add Transportation Minister Haryanto Dhanutirto. The package, sflecttve immediately, would cost the 4
        Knight-Ridder  -  48 words
      • Article
        Lock icon wreaks in Metaka
        4 27 Bernama
        Bernama  -  4 words
      • Article
        Oil spill 20.000
        30 27 i ooartonPebl4,cuus«ryatlonl»ta»aMooTttwa»r.Sahfa>f expert* at Mttferd Haven la Ba«rtti Wake eald tfaqr bad tiandtoed a total of5BJOO tone ofoflfrom the Sea Empreea, whose original cargo was 130J94 tocnea.
        30 words
      • Article
        Lock icon New CEO at Duckyard
        30 27 Bloomberg Business News < (COPENHAGEN! Denyard A/8, the shipbuilding subeidiary of J UuritienHokUnghae appointed Torben Mejnertsen its new chief executive officer. Mr fifcjnartam, si^ssss^atssssss: joined Panyard a»
        Bloomberg Business News  -  30 words
    • Article, Illustration
      Lock icon Lines scramble to link up
      895 28  -  OOKTAXXHB SHIPPING: FORMING TIES AROUND THE WORLD Five global alliances now jostle for position in the new era of frequent world-spanning service networks. Gut their combined market power creates risks of domination Bui Philip Damas American Shipper Global alliances and the Internet have a lot
      American Shipper  -  895 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      303 28 pace EtMopi M 6 ACL n Emftt AMI 3 Ewgreen 6 AM* 7 Emprt* 13 t Accord 12 f4 "»us 7 Ahrmktt 4 4 fraU 12 13 Frt »ortd 12 Austral n 6 Link Express 4 Avwt 6 faMrtran 13 kT n GMwttnk
      303 words
    • Article
      SHIPPING GUIDE
      17527 34 nikJi\0L»ni, liWD CTA CTA Advartlaar Vaaaal Voyaga Pg I ETA CTA Advartlaar VnM Voyaga Pa MW DgT> N—o NMM Na No. I »IW 0—f» Hmw Num No. n! a I 09/03 13/03 RCl HATHA BHUM 99 N 12 I W03 13/03 ACL KOTA BERKAT BKTOO' 1 Abidjan I
      17,527 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        655 41 v#M *i VcyNo Btftn Afrtwi D—rtwi i 12-Oi/OMO 07 03/0*00 J*»l* 0X196 JO» 06.03/1400 0603/2300 32* M 0103/KtfC 060 3/0400 IS* XI 0103/WX 06 03/0700 g!f»f» £J J" OTOiWOC *01/0900 122?. 55 m 07.08/BM OOJVBM V* .0' ouvwoc 06 03/150C J0» 0* 03/1000 07 03/1000 2SJ5." *2* a*.
        655 words
      • Article
        CONTAINER SCHEDULES
        1335 41 RECEfYIWC Of EXMIIT Fa COWTAIHOIS AMP LCI CABCO •ooMrq/Mmico Rstls SWP »oy Mo Ett/ttr HrtH fnm To Frow to Jf 2M 07/1700 M 04/800 04M 04/800 ot/noe mmm ot/noc *aU* 071A OVtSOO H *,T»M tX^NOC W!OC 3*,1»W jfc-NOC 21 04,1700 07/04W C'WC 1 07/0700 07/TO 07.HOC 4 07/1200
        1,335 words
      • Article
        COCKETT BUNKER MARKET REPORT
        819 41 THIS report, complied by Cockett Marine Oil Ltd, shows price ranges In US dollars Instead of single prices for a more comprehensive description of the market Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        819 words
      • Article
        GLOBAL HOLIDAY
        335 41 MAS 8 Belarus: International Women's Day. Nepal. International Women's Day. Russia: International Women's Day. Ukraine. International Women's Day. Uganda: International Women's Day. MAS 12 Mauritius: National Day. MAS 15 Belarus: Constitution Day. Hungary: Anniversary of 1848 revolution. MAS 18 Iran: (tentative) Martyrdom of Sixth Imam. MAS 18 Ireland:
        335 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Boeing and Airbus get US$6b worth of orders
        485 42 International Lease Finance Corp buys 56 aircraft-38 Airbuses, 18 Boeings Bloomberg Business News [LOS ANGELES] International Lease Finance Corp said it has ordered a total of 56 new aircraft from Boeing Co and European consortium Airbus Industrie. The fact that International Lease
        Bloomberg Business News  -  485 words
      • Article
        Lock icon Rivals in race to make super jumbo
        281 42 AFP [WASHINGTON] Boeing and the European consortium Airbus are locked in a risky race to produce a new super jumbo Jet, but industry analysts warn that Airbus is the far more vulnerable party in the contest. A Boeing spokesman said recently the group
        AFP  -  281 words
      • Article
        Lock icon US vehicle sales up 5.6% in February
        334 42 Figures ease fears of downturn in car industry NYT [DETROIT] Vehicle sales rose 5.6 per cent last month, assuaging industry and Wall Street fears that the industry was heading for a slump. Ford Motor Co reported nearly flat February sales on Tuesday. Ford
        NYT  -  334 words
      • Article, Illustration
        Lock icon Korean car makers a serious threat in Europe: Ford official
        227 42 Bloomberg Business News [GENEVA] Don Cook, vicepresident for European marketing and sales for Ford Motor Corp, said the advance of Korean car makers ihto the European market is a threat companies here can't ignore. "I perceive the Koreans as being
        Bloomberg Business News; REUTER  -  227 words
      • Article
        Lock icon US seeks new air accords with Japan and UK
        321 42 Bid to boost competition in air travel AFP [WASHINGTON! The US, touting the success of new aviation agreements with Canada and Germany, is now setting its sights on Japan and Britain in a campaign to increase competition in international air travel.
        AFP  -  321 words
      • LOG Book
        • Article
          Lock icon Swissair to revamp cargo sector
          90 42 Reuter [ZURICH] Swissair Is aipeeted to announce a new organisation for Its cargo activities tomorrow, t spokesman said. An article in the carriera'company magazine Swiaaair News by spokesman fonsßocher also said it was clear that Swissair wouki continue to fbcus on the air cargo business
          Reuter  -  90 words
        • Article
          Lock icon More chief confident of
          82 42 Reuter fQENEVAI Memarlaa Rem Wflratrsald on Tuesday that the car maker's 19Mrau2ts would be at least as good as the more than two bQHan marks (911.9 billion) it earned in 1995. In an interview at the Genera Car Show, he said: "from today's view,lam certain that
          Reuter  -  82 words
        • Article
          Lock icon 15.000 sale target for
          5 42 Reuter
          Reuter  -  5 words
        • Article
          Lock icon BA's load
          9 42 Bloomberg Business News **WW |g-. 7 7V'-
          Bloomberg Business News  -  9 words
      • Article
        Lock icon Japanese businesses hit out at 3 major airlines' plan to raise fares
        290 42 NYT [TOKYOJ Japan's three major airlines are coming under heavy criticism from business leaders in the wake of partial price deregulation because of planned fare changes that will increase ticket prices. Japan Airlines Co, All Nippon Airways Co
        NYT  -  290 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1178 42 an FUGHT ETA FU6HT ETC AtaDHaM S044I 590 6A990 205 HtCMMM VW741 1310 SOI72 1000 •Y65 2125 S0TT1 M50 VN740 MX) MHiMt Offl 1930 Of82 2050 ¥l174 1,25 1 S0228 2045 Honf KoMf UA005 055 UA006 0M5 Aastwtoa K1043 0545 KL838 2335 WW So 22 MjusoMswouiuss
        1,178 words
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      Page 28 Advertisements Column 1
      984 28 i uintH biituumam-i i mthtAMucA i ||w»»Tco««ro l it*knuLM««McA. MJ^.ll* 1 |«n|i»»jn»»| u „|o« msa l«»l I .Tt l"—-!. •nohcmmn mm n/M i*mm/m m/mm/m m/m mm m/m m/m m/m SJST" 17/ M n/M H7S i*/m v/m iW M/m WM 2 !K5 !r5 "5 K r MHI M/M »m I M/M
      984 words
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      Page 28 Advertisements Column 2
      222 28 Una* A aarvtoM rapreMntod X." ffmsX\\ hy "•*>*« <**• <* >MHBk MwnbwiofVw \nHf| Aocradßad Shaping Agartfa, Uflfl] Singapore FrtfgN Fonwartara N-onrt Shipping Aaaoc AaaodaSon. ti SHIPPINQTIMKSONI iTNR KIffiI^BHMinBEiBBHIHMIHIIIIW 4 Just talk to us... •IrisLim 740-2044 Patricia Chew 740-1646 > Jarrod Leong 740-2089 Philip Koh 740-2382 f I i r t
      222 words
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      Page 29 Advertisements Column 1
      1186 29 HORC SOUTH WEST EXMESS (PWECT) VBsa wt m lam |»ro |ux|Mi|«i|o*|iwc|a hob m I sm I Ulrhui oo* Im/bs Im/u Im/d la/u I mm I g/M I g/M I b/m I m/m I »/w I »/m I ttm I rnmum m» ii/b 13/B jgg m/m «/n m/m i/m m/m m/m
      1,186 words
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      Page 29 Advertisements Column 2
      1934 29 (g) HANJIN SHIPPING J I USA iimmm/wt I" a w a |n»l |ik 1« |m |m lm|m 1« fa mTTm\ nnftfttwamwa u/m_ u/w m/m~ m/m m/m *m vmm/m v/» m/m m/m u/t* |m/m~ m/m m/m m/m m/m I 17/ M ii/m "li/S 11 ■W»»ll wg 19/ M ?l/t3 T 11/
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      Page 30 Advertisements Column 1
      444 30 WT NMI HMM AW IMA STOK PJBAM SM MB |MO TTO SM (OK MM -mritf Wi r r wt ~I7T~ IJ2Z HZ 332Z *****8Z Jit BI ly ftT in™ Bps —3:Da==M:_:—sisrJr acacia: JUM nn ~gf~ nn S? u—iMAiuiums Im I a/i I w I I I m I 11/3 iyi
      444 words
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      Page 30 Advertisements Column 2
      882 30 I NORASIA 1 I vonr |mm alo las ia valnammmnotant fcl lma I SSiSJ— 1 "M n« M M Mi Itfl M I 1« inn in M* MM I MM4 I IMI I MM MM MM «7M Mt I7M MM MM MM 11M I I S-2J* 01 IN IMMI MM
      882 words
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      Page 30 Advertisements Column 3
      505 30 JAPAW/HOWOKOWa/tTIUITt RKOULAR SCMVICS LOADINQ FOR PORT KLANQ/PCNAMO wr rpowt p.sumes pq w g— HWWIW 1 IU M HPT MMAM iifisri inssri omentalhcto 7~"njfiT~ umm FAfttAST PILOT II 12 KYSA "JJJjjj" asmwntum !T~umir~ z —r-i wwwwmwo.il i ITiir iiaST- MUMNSAYU wan aMM MMM» mTMM t TTuHr *3 www I ajyT" SS-:
      505 words
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      Page 31 Advertisements Column 1
      856 31 [Wnm STRAITS SHIPPING PTE LTD I Abb 10 Hm ChiaR l Ro#d #11 -01 Keppel Towers UtKLBm tlfpw MOt Trt: ***** M Fix: *****17 /Mm (A SERVICE OF CHINA NAVIGATION CO! wawwi gyy wwn»»v» w» Vl«hwi vwf SlMfftlM VMM M Mar IN Mar Maaa Akm Unataiv m'| rmiifi.i nnr Bmif—»
      856 words
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      Page 31 Advertisements Column 2
      1252 31 «6 C llttit f!mitainArc c: W? in.IT 1.l *y.„ J 1® Hoe Chiang Road, #***** Keppel Towers, Singapore 0208 first Class Connections WORLDWIDE Tefc 22S 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 I CR Number **********0 M EXPORT IMPORT SSnMLMMMK Si C*/CO oSo3 07AM f 0- SO3 27/03
      1,252 words
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      Page 31 Advertisements Column 3
      489 31 eunoutm fIL. JHL JBL Stt dEfi_ J&L tai kee yok tok wac kob qsk mqj bus Buxcaoww*oo6 jaa jjaa. 3E2. J*LESSL omit 2403 2203 21/03 2MB WHAN HA1223 *021 0603 07/03 0903 10-11/03 1403 1603 1603 20)03 2403 2503 2603 23,03 WAN HAI 211 *037 1083 11/03 13*B 14-15AO IMB
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      1099 32 EUROPE/UK/BCAHDINAyiA/fmLAHD/BUBBIA MP ROM ANW HSG THP LHV UN TV Ml ANW HM PH. UP I E. REWARD RW-017 M 21/3 3S/3 31/3 2/4 V* E. SUNT RE-M3 12/2 13/2 14/2 1/3 E. RIGHT RW-522 11/3 5/4 1/4 7/4 1/4 11/4 E. GUIOE RE-071 18/2 21/2 20/2 22/2 23/2 I</3 11/3
      1,099 words
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      Page 32 Advertisements Column 2
      896 32 VESUL VOTAGI W DH Ml MM lAN KWT Ml I VtSSCL VOTAGf DM AM MM MX SCf I JNCKWN (WHOM IVW a/03 WW JVTO MO IMB V/to I IMCOIOM 03V-027E J4/B 75/W M/OJ 27/0? 01 03 I HtIUN 0347 006W IMB 21/TJ3 71/U 01 TX Oi 04 TEIAM OMIOCiI 04*03
      896 words
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      Page 32 Advertisements Column 3
      634 32 IV TEL: *****33 (12 UNEB) Jlk EL FAX: *****18/*****03 H] TELEX: RS ***** M9MP (3 Unas) ?Z'l 1 CR NO: **********0E j VjJ F -aasKß^" ACCEPTING FCL AND CONVENTIONAL v «TA I Loadfeif for I %>o*» Abyot 43M8 I*o4 Q*— Na<»anX 42W8 20/06 Momten. Dpboub A—b. Hnaaa H mtwHuiißLmti FULLY
      634 words
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      Page 33 Advertisements Column 1
      1591 33 MKT MUM IV NM'MMVI MEWYHK-MMYI /VlVrj o'vi/iaoiijo arc < rn 11/IUMt/tf JffMT Of* OftrtH— CmMAnt. JOMOHI OffKt: sasss?*" ZZZXXIXr™' -RZSZ mm Ml?*"***<**»•*. en unrtooooo n Hctmm ontmm tm fli tnim Hfr-Msoioont? f„ u uuin WD M. CCtU f§K ttUt 11 $$t no-, m-tmm-x ?So3 MW «**Lvor*a wrt t* oa tor
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      Page 33 Advertisements Column 2
      415 33 11 (iSt. FAMOUS CONTAINER UNES JJf" 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 J (30 P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 1 22» ISSmSt*r»»!'JmSSSSt5uSSa»i SSSSSimSaSamtmi EX PASIR GUDANG DIRECT LCL CONSOLIDATION TO (a) EUROPE MAIN PORTS ROTTERDAM ANTWERP LE HAVRE HAMBURG FELIXSTOWE
      415 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      641 37 I BSA i M MYANMA wHBk FIVE STAR UNE (MyaMMr Notioool Um) W Loodiog for Yatfti (Roegooo) vksii vot sim m m ko PA6AM nm M/ 03 MA VRAM TM TTM M/ 03 MAUTSIA AGENTS: OOUSTIAD SNffWG AGENOtS *UL IB 02-03-*****00 Ffl: IK 07-03-*****01 IH 02-04-*****02 PCO: TU 02-07-*****21/4 BANK
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      Page 37 Advertisements Column 2
      1102 37 I ADVANCE CONTAINER LINES (PTE) LTD API 140 CecM Street, #12-00, PIL BoMdlng, Singapore *****0 —MVLZ TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL CR NO. *****94Q000E I iftHflKfti inacpßafawr FooiTAuiwoiin'rTMAnuuip (4 miif«/WM4i Bft" BKX aw vooon Ivor mn jg mt I §3* n* 09/03 Sd 12/03 Tu» 14/03 Sd
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      Page 37 Advertisements Column 3
      862 37 Lrn —MTrnni—i ljbbjbi t i i Vt3M>tLS IVWI aw P«METI> IIEHAMRE HAMBURG THAMWUHI ROTTERDAM AWTWCT» 1 WUiDtIYWA Yl3Mf I IMP 25*08 02AM 09A4 OMM 06/04 q^ 1 WUEDEVBA VI3W I 2MO 01AM OMM 1(V04 12/04 ISAM WUfDtCtfSIA TI4W Z7/03 OMM WM 17AM 19AM 2CVO4 2001' VH-LE D€ ÜBRA LI4W ISAM
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      Page 38 Advertisements Column 1
      859 38 1 vtMgL vov bm jkt "I ivmn vov i —t wp< "I^B HillvaM Tvov am ii(K BHUM ***** Frl 108/03 Sun I<Voa 1 »HATIU BHUM WW Thy In"w~ S 00/oa M| Hi —J— —I I OORU BHUM 1280 Sat 00/03 Tut IS/09 8. MAS DUA 6047 Sun 10/03 Tu# 12/03
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      Page 38 Advertisements Column 2
      112 38 80 THJK 01ANGAH ROAD <82-02 OTTORT CWTRE, ITORE MOO TEL *****11 (6 Ihws) FAX: *****06 TLX: RS ***** ffl HO. **********0W ma wy ra era uttiowi ■MUM MM 078M0 078M0 KUMNfMI IMAMU M MM MM POKTWMI nmmm mo 11M00 xtmm a—— UMU MM ttOMO MM POHTUMM OMOUNB mo MM IMMO
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      Page 38 Advertisements Column 3
      695 38 1 1 DUXTON HILL, SINGAPORE *****5 CR **********0N PORT KLANG >H> f lri PENANG «i I vor I aw m |a ¥W mi m nam mm «*>» wo SSF 2r tS ISSI |IT SiSa? "^bm sg —-a—awr m la»uwa »7i 'OHM i«ih [tWJC{®2 UUIBI rfISJTI PHttIPPiNCS RJIL E- 3K E"»
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      Page 39 Advertisements Column 1
      559 39 Au SINO EXPRESS SHIPPINO (PTI) LTD. I 11 COULYIH QUAY #06-01 THE ARCADE SINGAPORE 0104. TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINO EX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKQ/SHAI HKQ MM VKMKL VOY ETA I ETP ETA I ETP ETA I ETP gWWYWQ 96QM6Q6 asm ISAM 16AO ia/oa atvoa
      559 words
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      Page 39 Advertisements Column 2
      283 39 toHAM B/FXT/R' DAM mv "HANJIN BREMEN" V.OIBW ETA 11/3 USs2o++ HONGKONG mv "ASIAN POLLUX" V.N082 ETA 10/3 BANGKOK mv "RATNA BHUM" V.9BN ETA 9/3 i CALL: EILEEN, PHYLISS, XIUHUA tASnRW lIP, gCSSSBa ROUP 9, HEAVY UFT VESSO. UFT UPTO 122 TOHs"| WiJC tS ***** fOSBI LOADING FOR MANILA/SUBIC BAT MV
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      Page 39 Advertisements Column 3
      229 39 ATTRACTIVE 3gj FCL/LCL RATES TO:jg Indian Sub-Contment Ports «sss MADRAS BOMBAY CALCUTTA /COLOMBO/ "5 CHITTAGONG/ i» NHAVA SHEVA l|f V >yz.* -ife 0 i rii3 y t WS&--4 '3® J S3 WENDER j£j CONTAINER LINESft gg I ENQUIRIES 33 I TEL: 224 6744 \\t& O.K. LINE f i FULL CONTAINER
      229 words
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      Page 40 Advertisements Column 1
      547 40 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 740- 6 0 0 0 Is it Difficult 8001 And Expensive To Call your loved Ones Now Your Loved Ones WHEN YOU ARE JUST A ARE At SEA? Phone Calj y Away B Now keeping /«touch with
      547 words
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      Page 40 Advertisements Column 2
      214 40 f TEAMWORK is when everyone takes responsibility and diligently work towards achieving the main goal. A quality which has been The Total Transportation People The Total m& embraced by all at Visa Freight Transportation Kd these past ten years. Put your People M-fi needs in our hands 3 1 j
      214 words
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
      105 41 m m LCGINO: J R Thunderstorm Temper atur# c V Shower Weother Wind (fraction with ip**d in knots Rain Cloudy Sky w o*« <o,— rrww Wy witfc tfce wind Cy On* KM circh represent* cotm or light and vonatte winds i_ On* half fWche represents 5 knots On* M fWch.
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