The Business Times, 12 March 1996

Microfilm: NL20585
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 04# 12/95 3 SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, MARCH 12,1996
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  • Article
    MARKET SUMMARY
    34 1 vwgtmSm&M Qn» jjmSSZ Moaday rv««g KLseeodP- IMUI ,-an NIKKEI... 197*2$ 4UM HANG SENG lltTT iff! iErmn. rrim ymm AumffAooup mu tm MAWLMPMf 4tfc SKSEffiSSS^^ CUACNMAB >1143 AfiBTALL0BB_Slf7.lt.. B8t Ctaa* BMT_ VMM -HUt
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  • Article
    FINANCE
    44 1 *SS3S? 1A T!L s$ W&iL _jl£ZliS BRS fl.188 Mil .0.066 KIPtAHM JM A.N0 fro una ONQAPORE* (.44 jgUUHitMPIM JWKAHTA MM WOOL 11.75 BMM 14.M HONGKONG &75 fin mi mtmt io7i looro m aopw r nmmSr am a» *rCartrai>uk Anon* rates (Source: NatWest Bank)
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  • Article, Illustration
    Lock icon Regional markets take a hammering
    610 1  -  Hang Sung hit hardest as China-Taiwan tensions exacerbate sell-off By Ven Sreenivasan, Quak Hiang Whai Bad morning. That was what Asian stock markets expected and got yesterday following Wall Street's sneeze last Friday and unabated tensions in the Taiwan Strait Worst hit was Hongkong, where
    ARTHUR LEE; ALLAN  -  610 words
  • Article
    More Taiwan firms said to be eyeing Singapore listing
    405 1  -  By\ Ronnie Lim, Teh Hooi Ling [SINGAPORE] More Taiwanese companies are considering listing in Singapore following the share battering on the Taipei bourse because of current China-Taiwan tensions, says the Singapore chief of Taiwan computer maker Acer. William Lu, chief executive
    405 words
  • Article
    Lock icon Dow up 39 in early afternoon trading
    148 1 Reuter AFP (NEW YORK] Stock prices were sharply higher at early afternoon yesterday after bouncing erraticaUy in early trading as the market tried to get its footing in the first session since it was blinds ided by unexpected good news about the economy.
    Reuter; AFP  -  148 words
  • Article
    Market meltdown makes no sense
    577 1  -  THkram Ihinwi says there's no reason to panic Vikram Khanna YOU COULD be forgiven if you don't get it A report is released by the US Department of Labor on Friday, saying the US economy has added 706,000 new jobs in February. Then what happens?
    577 words
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      Page 1 Advertisements Column 1
      103 1 DB 9H| ■ni I ThepKjoff Wtart the Ardmore Park project will mean for listed Marco Polo Developments, -H'-' 1i iiim oOl.t»lMMfcflrat|h*»rf Mmr%wm*,pg4 tap^on •pklvSstcdkhas nan unusuaßy active of fj late, aad price rising until yertwday* fall t ft iii« Mil* j* 2a Comfort looking like a stock with good growth
      103 words
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      Page 1 Advertisements Column 2
      42 1 Acer planm R&D base in S'pore, Pg2o Listing hopefuls eye Thailand, M'sia too, Pg 2 QUun reaffirms threat, Pg 8 Complete reports in Pg 19, 20. EARNINGS NET (|m) GROWTH aUrooPolo 555.3 -80.9% MUIBbd M 578.52 -5 Mm Prop M 59.9 +74
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      47 1 itr -is:" x > ys -%ML" 3\ 1 v K r xJ O .JT (>r juSF r ~JT >5 6gsr i < 1 BP S&r -r v 4 '-v.-'" I 1r "•$--< v s 30 V N 111. UM jS Ml !<>!»> ON I.\SSI< S( \l 1.. HERMES f,,. r
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      MPs praise budget, but still find it lacking in several areas
      651 2  -  Df PARLIAMENT Singapore Power's privatisation and the rising costs of essential services get most attention By Chuang Peck Ming IT WAS hailed as very generous and a "budget for all". Yet the many Members of Parliament who yesterday praised
      651 words
    • Article
      SBS' accident rate not worsening, says Mah
      226 2  -  By, Jennifer Lien THE recent spate of accidents involving Singapore Bus Service buses does not indicate a worsening trend, Communications Minister Mah Bow Tan said in Parliament yesterday. 'The accident rate for SBS buses for the first two months of this year is
      226 words
    • Article
      Singapore investors not affected at all
      440 2  -  GHDIA-TAIWAN TENSIONS jhlfrillftfia tiftkhtg iwrnr as usual; SIA flights rerouted bat icliednlMifitHgil By. Agnes Wee IT IS businearw usual for many Singapore investors in China, in spite of the missile tests in the Taiwan Strait. And there are no disruptions to Singapore Airlines' flights
      440 words
    • Article
      Listing hopefuls eye Thailand, Malaysia as well as S'pore
      334 2  -  By Teh Hooi Ling TAIWAN companies looking at an overseas listing in Southeast Asia are also considering Thailand and Malaysia, besides Singapore, analysts said. Many Taiwanese companies already have factories in Malaysia and Thailand. Once these become profitable, the parents will
      334 words
    • Article, Illustration
      Lock icon IDD calls dial 19% growth
      331 2  -  EYE ON THE ECONOMY Industry By, Jennifer Lien THE NUMBER of outgoing international phone calls grew from 145.8 million in 1994 to 173.4 million last year, an increase of 19 per cent, latest figures from Singapore Telecom show. The growth is in line with the
      Source:; ALLAN  -  331 words
    • Article, Illustration
      Lock icon Tins lion won't bite
      58 2 WORKERS stopping to rest and enjoy the viewfrom the mouth of a giant Merlion statue being built on Sentosa island. The 37-metre creation sits atop a hillock on the Sentosa resort island and commands a spectacular view of the republic. Costing $8 million to build, the
      REUTER  -  58 words
    • Article
      SM Lee to undergo 2nd angioplasty
      232 2 SENIOR Minister Lee Kuan Yew is to undergo a second balloon angioplasty, the Prime Minister's Office said yesterday. On Saturday, the Senior Minister's panel of three cardiologists, Drs Arthur Tan, Maurice Choo and Low Lip Pin, together with his panel of three primary physicians,
      232 words
    • Article
      M'sian trade body opens office here
      207 2 TRADE officials of Singapore and Malaysia hope to jointly promote trade and investment in third countries, and the newly opened Malaysian trade office here is expected to help do just that. Malaysia External Trade Development Corporation (Matrade) officially opened a Singapore office yesterday. Matrade
      207 words
    • Article, Illustration
      Lock icon Lau Pa Sat will become food court after $3m job
      304 4  -  Second nuyor facelift for landmark after earlier $10m effort By Diana Oon THE famous Lau Pa Sat or Old Market will undergo $3 million worth of renovations before re-opening as a food court on July 1. Kopitiam Investments, Which bought
      CHRIS LOH  -  304 words
    • Article
      CCL to launch first phase of Merawoods condo at $670psf
      317 4  -  By) Michell Low LISTED Cycle Carriage Ltd (CCL) will this weekend market the first phase of Merawoods, its third residential condominium project in the competitive Hill view area, at an average $670 per square foot At this price, the 181
      317 words
    • Article
      Chile wooing trade campaign
      457 4  -  Free-trade zone cited as an attraction but lack of air links is a barrier to trade By\ Kevin Sullivan THE Chilean government yesterday launched a Country Image Campaign in Singapore aimed at highlighting trade and investment opportunities in Apec's newest member and one of South America's
      457 words
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      166 2 fte MRCENTRE Call *****65 f Singapore, Bangkok, Seif-bock-Up office Suites Kliaia Lumpur, Jakarta wuh Secretarial Support TTsTgreatesqpe...lombok^ I Our 40% OFF offer is just the excuse you need to unwind in Asia's most I V relaxing new tropical getaway. Set within 5 hectares of lush gardens on I Senggigi Beach
      166 words
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      336 3 B R EIT LING 1884 V- 3 -r <y .-%l ■'■y-v Jjo X OLD NAVITIMER g^9HK 2D I( ?JHMBB@% Navitimer: On Course and on Time. With Selfwinding mechanical chronograph time a crucial aspect of air travel, the watch calibrated to l/sth of a second. has long been viewed by pilots
      336 words
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      169 4 Is YOUR MANUFACTURING EXPANSION GOING IN THE RIGHT DIRECTION 1 11 sft"*ife K JK9HH RMni B- Mk I• 1 *M'- <^> terrace factories Limited Supply Available A flatted factory FORSALE *mmmgg*mmmmmmm HIGH-TECH FACILITIES BP No. 7083/95 fK [*L*iZr c IT IS, IF IT'S GOING TO ADMIRALTY INDUSTRIAL PARK. High-tech facilities
      169 words
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  • Page 5 Advertisements
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      364 5 At Lexus we can t pretend to know what driving force made a 15" range and telescopes through 45mm, for your preferred position. responsibility of harnessing it safely. the successful man successful in the first place. Further pampering is evidenced in the steering wheel and gear Hence, Lexus engineers have
      364 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      4 more Pidemco projects
      333 6  -  New housing projects will put the company in good stead for its planned listing, say analysts By] Michelle Low [SINGAPORE] PI D E M C O Land will develop four more housing projects by year-end as the ernmentlinked company continues its push into the local residential
      333 words
    • Article
      Manila group ventures into the region
      248 6  -  Ayala Land sets np joint vtntare in Singapore with investment arm By, Abdul Hadhi [SINGAPORE] Philippine property firm Ayala has formed a new company in Singapore to concentrate on property development projects in the region. Called Ayala International Properties (AIP), the company is a
      248 words
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      362 6 pWMnEsSnA^EVEWpS^ I SITE: 140 HILLVIEW AVENUE I I Cerebos Site I I I I I I J t I MttaM fa*-] \v\V Bp //7 \v\ I V I l\ wdrtaNkx\ Ji iSiSß *7 jjfeea y\ I Br BMM hmmMj MM /I l I*\ Nrtww liiiwi ■>2£ MUM* J V Jl\
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      Page 6 Advertisements Column 2
      109 6 ♦The Property Column has been held over Prime Orchard Strata Office Quality Location Can be split into smaller units 2,281 sq ft Usable Existing Fit-out Offers before Auction Welcomed Suit Owner Occupier/Investor Amara Hotel, Ballroom 2, Level 3 25 April 1996, Thursday, 2.30 pm For further details A inspection, please
      109 words
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      Page 6 Advertisements Column 3
      234 6 r 4 Attention Realtorsl Ever wish you could concentrate on your professional services H SELLING, NOT HAVING TO SOURCE FOR MAINTAIN VITAL PROPERTY INFORMATION H With the realtools a powerful information tool, H IT IS NOW POSSIBLE Property Information That's And Accessible 24-Hour A Day a powerful on-line Hnk to
      234 words
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  • REGION
    • Article
      Lock icon Beijing seen speeding up listings this year to attract foreigners
      514 7 SHANGHAI Analysts expect Baying to prepare for merging of A and B shares by expanding stock reservoir Reuter CHINA is speeding up the pace of domestic share issues and listings this year, to make the market less volatile and substantial
      Reuter  -  514 words
    • Article
      Lock icon 8 more politicians charged in corruption scandal
      391 7 NEW DELHI Among the accused are two former ministers in PM Rao's cabinet Bloomberg Business News AN INDIAN court yesterday recognised charges brought by the Central Bureau of Investigation against eight more politicians in the country's biggest corruption scandal. The eight include two
      Bloomberg Business News  -  391 words
    • Article
      Lock icon Govt to aim for larger surplus in 96-97 budget
      208 7 JAKARTA Reuter INDONESIA will try to post a larger surplus in its 1996-97 budget starting April to speed up foreign debt repayments and to cool the overheating economy, the official Antara agency said yesterday. Finance Minister Mar'ie Muhammad was quoted as
      Reuter  -  208 words
    • Article, Illustration
      Lock icon The long and winding path
      56 7 [HONGKONG] Hongkong residents queueing up outside the Immigration Department to apply for British National Overseas (BNO) passports yesterday. Some 2,ooopeople lined up even before the office opened, fearing that passports obtained after June 1997 would not qualify for visa-free entry to Britain. Hongkong reverts to
      AFP  -  56 words
    • Article
      Lock icon Viet law to cover foreigners' mining rights
      394 7 HANOI AFP SO FAR, Vietnam's mining sector hasn't evolved much beyond pickaxes and wheelbarrows, but that could well change once a new mining law covering foreign investors' rights to exploit its rich mineral reserves is passed. Within the next two weeks Vietnam's national
      AFP  -  394 words
    • Article
      Lock icon HK firms planning to invest HK$140b in China
      414 7 HONGKONG Companies to spend more on property and infrastructure projects: survey South China Morning Post THE top 60 companies in Hongkong plan to invest HKII4O billion (Ss2s billion) in China over the next three to four years. Credit Lyonnais Securities Asia polled
      South China Morning Post  -  414 words
    • Article
      Lock icon Govt will find it difficult to keep inflation below 10% target
      292 7 BEIJING AFP CHINESE parliamentary deputies warned yesterday against "blind optimism" over curbing inflation, saying much of last year's drop was due to administrative measures and that many pressures remained. Cai Lulun, governor of the People's Bank of China Hunan
      AFP  -  292 words
    • Article
      Lock icon No backing for Asia-EU investment pact: report
      241 7 BANGKOK Reuter THAILAND is not ready to back a proposal by the European Union for a multilateral investment agreement between Asia and Europe, a senior Thai official was quoted as saying. Deputy Prime Minister Amnuay Virawan was quoted by the Bangkok Post as
      Reuter  -  241 words
    • Article
      Lock icon Japan chalks up 1.9b yen deficit in current account
      346 9 TOKYO First time since January 1991 that figure has gone in the red Bloomberg Business News JAPAN's surplus in its current account plunged into red ink in January for the first time in five years, showing a two-year narrowing trend firmly
      Bloomberg Business News  -  346 words
    • Article, Illustration
      Lock icon US$ lower on reports it could fall to 90 yen
      220 9 TOKYO Bloomberg Business News THE US dollar fell against the yen and Deutschemark after reports that US economist C Fred Bergsten predicted the dollar could decline to as low as 90 yen, traders said. Mr Bergsten, director of the Washington,
      Bloomberg Business News; Source: Bloomberg; ALLAN  -  220 words
    • Article
      Lock icon Court bans Murdoch's global rugby league
      302 9 SYDNEY Order stops News Corp's new game for boosting pay TV Bloomberg Business News RUPERT Murdoch's plans to bankroll his own global rugby league football competition as a drawcard for his pay television businesses are in tatters. The Federal Court of Australia yesterday banned
      Bloomberg Business News  -  302 words
    • Article
      Lock icon No honeymoon for Howard as deficit looms
      173 9 SYDNEY AFP AUSTRALIAN Prime Minister John Howard and his conservative government were sworn in yesterday amid continuing anxiety in financial markets here about an expected budget deficit and a trade union wage campaign. Mr Howard's victory nine days ago marked the end of
      AFP  -  173 words
    • Article, Illustration
      Lock icon Ex-presidents face angry crowd in court...
      182 9 SEOUL Reuter BOOED from the public gallery and taunted with a cry of "sons of bitches", two former South Korean presidents appeared side-by-side in a Seoul court yesterday to face charges of mutiny and sedition. Chun Doo Hwan and Roh Tae Woo, former mUitary
      Reuter; AFP  -  182 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      183 7 MEDICAL PRODUCTS Successful Melbourne based supplier of high quality medical and surgical products. Family company with a strong market share. Good manufacturing opportunities with excellent growth potential in S E Asia. Price around Asl million SAV. For Further information write to: Business for Sale P O Box 353 Bentleigh Vk
      183 words
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  • FOCUS: CHINA-TAIWAN TENSIONS
    • Article, Illustration
      Lock icon Qian reaffirms threat
      462 8 BEIJING US told Taiwan not its protectorate after its decision to move aircraft carrier closer to island AFP Reuter FOREIGN Minister Qian Qichen reaffirmed yesterday China's threat to attack Taiwan should it declare independence, while reminding the US it had no right to defend the island like
      AFP; Reuter; REUTER  -  462 words
    • Article
      Lock icon Asian shipping shares fall on Taiwan tension
      427 8 SHANGHAI Growing worries over rising insurance charges, re-rooting Bloomberg Business News ASIAN shipping stocks fell, led by Cosco Pacific Ltd, amid concern Chinese military exercises near Taiwan could push up insurance charges and force ships to sail longer routes. The Chinese military began
      Bloomberg Business News  -  427 words
    • Article
      Lock icon NT$ down slightly, US$ buying continues
      136 8 TAIPEI Reuter THE Taiwan dollar closed slightly down yesterday as US dollar buying continued over mounting tensions between Taiwan and China, dealers said. The rate closed at NT527.500 against the NT127.496 finish on Saturday. Turnover was US$355 million (Sssoo million). "The central bank must
      Reuter  -  136 words
    • Article
      Lock icon Back reunification, Qian tells foreign govts
      137 8 BEIJING BernamaXinhua CHINESE Vice-Premier and Foreign Minister Qian Qichen said yesterday that foreign leaders and governments, who hope to see the issue of Taiwan resolved through peaceful means, should support China's policy of "peaceful reunification" and "one country, two systems". He was speaking to
      Bernama- Xinhua  -  137 words
    • INBrief
      • Article
        Lock icon Protest at splashdown zone
        41 8 AFP [TAIPEI] Taiwan's leading pro-independence group, the Democratic Progressive Party (DPP), said yesterday that its leader would stage a protest against China's missile exercises by sailing into a zone named the splashdown area for today's drill. AFP
        AFP  -  41 words
      • Article
        Lock icon Rising support for President Lee
        50 8 Reuter {TAIPEI] Support for Taiwan President Lee Teng-hui has risen despite tensions with China. A Liberty Times newspaper poll shows that 94.8 per cent 0f1,082 voters questioned on Sunday said they would support Mr Lee, UP from 29.5 per cent in a poll last week.—Reuter
        Reuter  -  50 words
      • Article
        Lock icon Taipei cold to suggestion to end UN quest
        72 8 Reuter [TAIPEI] Taiwan poured cold water on Beijing's suggestion yesterday that the current stand-off with China could be eased if Taipei abandoned its quest for a United Nations seat Foreign Ministry spokesman Rock Leng did not flatly reject Chinese Foreign Minister Qian
        Reuter  -  72 words
      • Article
        Lock icon Taiwan does not rule out China attack
        44 8 AFP [TAIPIIJ Taiwan does not exclude further missile drills by China or the possibility of a mainland attack on its offshore islands, but there is no sign yet of such assault, government spokesman Jason Hu said yesterday.—AFP
        AFP  -  44 words
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      229 8 H I I I iiX® I itfcfcrH-H Ji B 9 te I I Hr» ■r» v? I Centrally located at the junction of Kaki Bukit Ave t and Eunos Link. I I Easy access to the airport, port and city via the PIE and ECP. I I Flexible unit sizes.
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      33 9 Par terthar Information, plaaao contact Stuttgart Auto at 23 Lang Kaa Road Singapore *****6. Toi: 472 4433 Fax: 474 >101 It says, you've arrived. Only, before anyone else. I Stuttgart Auto Pte Ltd
      33 words
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      431 10 Now When you Invest in A Citibank foreign currency Time deposit, you'll enioy PARTICULARLY HANDSOME RETURNS. jJtm&m £«&>£&, -■«J«j&* C ff%£rag^&-,, ■•-mE.Myy.-A v 40m</' Li- \:,> %t?:i f mw%f.Wmm 'i A 3jgKHMB| feifr While Citibank is known for offering the most unique investment from The Link or even the swanky
      431 words
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  • THE WORLD
    • Article
      Lock icon G-10 sees markets calming
      392 11 BASLE Central banks will continue to examine possibilities for catting rates Reuter AFP BUNDESBANK president Hans Tietmeyer said the Group of 10 (G-10) did not see any crisis in bond and stock markets and expected them to calm down. Mr Tietmeyer also said he expected the
      Reuter; AFP  -  392 words
    • Article
      Lock icon Just a pause, not recession, say EU ministers
      256 11 BRUSSELS Bloomberg Business News EUROPEAN Union finance ministers debunked the threat of recession and said their economies are growing fast enough to meet the 1999 deadline for the start of the single currency. "This is a pause in growth, not a recession,"
      Bloomberg Business News  -  256 words
    • Article, Illustration
      Lock icon Blockade causing food shortage: Arafat
      236 11 GAZA CITY AFP PALESTINIAN President Yasser Arafat charged that the Israeli blockade of the Gaza Strip had caused serious food shortages and threatened to personally carry food into the territory if necessary. "I will go to the Egyptian border and will personally make sure that
      AFP  -  236 words
    • Article
      Lock icon Eurosceptics give ultimatum to Major
      294 11 LONDON PM told to reveal EU plans or lose backing in house vote Reuter PRIME MINISTER John Major faced a double dose of political uncertainty yesterday over the issue which has plagued his five-and-half years as Conservative Party leader Britain's relations with the European Union
      Reuter  -  294 words
    • Article
      Investigate top Barings execs: Lisa Leeson
      600 11  -  LONDON Leeson's wife says they should account for themselves By. Neil Behrmann "TOP Barings executives should account for themselves." This is the uncompromising view of Lisa Leeson, wife of Nick, the dealer who broke the bank. Mrs Leeson is in London promoting her husband's
      600 words
    • Article, Illustration
      Dole seen the big winner on 'Super Tuesday'
      424 11  -  WASHINGTON &y\ Leon Hadar SENATOR Robert Dole is expected to emerge as the Republican top dog in today's presidential primaries in six southern states, including the two huge electoral prizes of Florida and California. Once that is over, he will begin to
      424 words
    • Article
      Lock icon Foreign investment in Russia seen to fall before elections
      226 11 LONDON Bloomberg Business News FOREIGN investment in Russia is likely to falter before the June presidential elections as investors grow wary of Communist plans to expropriate private companies, the head of the Russian Privatisation Centre said. "I guess we'll see no
      Bloomberg Business News  -  226 words
    • Article
      Lock icon Monetary union could destroy EU: banker
      153 11 ■LONDON Reuter A SINGLE currency could ultimately destroy the European Union (EU), partly because rich states would have to transfer so much money to poor ones, a senior member of the Bundesbank was quoted as saying yesterday. Otmar Issing, chief economist of Germany's independent
      Reuter  -  153 words
  • Page 11 Advertisements
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      50 11 OUTDATED BATCH PROCESSING TO REftL-TIME ACCOUNTING It means no more validation, posting, updation, I "fiTi day end, month end, etc. You make an entry and HHBHH everything is done automatically, instantaneously. V Check out the power of FACT Real-Time Business BPHHH Accounting Software. Toll Free 1800-*****32 AQA/UUN I INo POWER
      50 words
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      Page 11 Advertisements Column 2
      121 11 SNEF Executive Development Centre presents /A Conference On ~j MANAGING COMPENSATION Restructuring For Competitiveness 10 11 April 1996 9am spm Marina Mandarin Hotel, Singapore A critical event for all HR Professionals. This conference gives you ideas on how you can restructure your compensation systems and practices so you can become
      121 words
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      2174 12 I ODBSBANK I I THE DEVELOPMENT BANK OF SINGAPORE LTD I THE DEVELOPMENT BANK OF SINGAPORE LTD AND ITS SUBSIDIARY COMPANIES I H (Incorporated in lh« RcpUiiic of Singapore) I BALANCE SHEET AS AJ 31 DECEMBER 1995 I l Note mS"""' 19W 1994 wj""" 19M IW4 I SHAH CATTtAi IM
      2,174 words
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      2227 13 I fiSDRSRANK^ II M LmJI Al I 10.1.1 TK« n«t book values of 31 December, at cost less accumulated depreciation, are as follow* I II DM BANK DBS GROUP I II 4 OHIAL RESERVE T>*s RW TWS Vf9i~ I II 01$ BANK DBS GROUP (SS'000) (SS'000) (SS'OOOI (SS'OOOI I 1995
      2,227 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Jakarta must act to boost non-oil exports
      737 14  -  THE BOTTOM LDVE OPINION By S N Vasuki The writer is a BT senior correspondent who will soon be based in Jakarta ALARMED by the sharp moderation in non-oil export growth, Indonesia's trade and industry ministry has pledged to address the growing concerns
      737 words
    • Article
      IN OTHER WORDS
      122 14 'If you want to be in aviation, you want to be in Asia' Mark Simpson a research analyst at ING-Barings (HK) Ltd as Cathay Pacific Airways was poised to unveil its best profit since 1992. 'Legally, all I'm allowed to do here is spend money. And so
      122 words
    • Article
      Time to show restraint
      642 14 EDITORIAL AFTER four days of missile tests off the coast of Taiwan, Beijing should consider easing off. If the missiles were fired to discourage Taiwanese aspirations for independence, the message should have sunk in by now. No one really doubts that China has a full range
      642 words
    • Article, Illustration
      Lock icon Testing times at LSE
      1161 14  -  First it damped its chief executive. Now the London Stock Exchange is in the firing line, its very purpose in question By < George Graham FT "YOU're walking through the City of London and suddenly a bloodstained body drops from a window. People want to inquire
      FT  -  1,161 words
    • Article
      MAILBOX
      393 14 mMTMU COSU 01 QOWIISIXIDg IN THE whirling economy of America today, hardly anyone can expect lifetime employment with a single company. It follows that people cannot look to companies for lifetime security health care, for example. But people must have that security to move from one job to another
      393 words
  • Page 14 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • CHATTERBox
      • Article
        Lock icon Argentinian director takes grand prize
        110 15 AFP (FRIBOURG, Switzerland] Argentinian director Eliseo Subiela's Don t Die Before Telling Me Where You're Going has taken the grand prize at the Fribourg Film Festival, it was announced on Sunday. Jurors at the festival —a showcase of African, Asian and Latin American cinema— praised
        AFP  -  110 words
      • Article, Illustration
        Lock icon Jagged Little Pill is Album of Year
        41 15 Reuter {HAMILTON, Ontario] Alanis Morissette accepting her sth Juno award of the evening after winning Album of the Year for her Jagged Little Pill album at the 1996 Juno Awards here on Sunday. Reuter
        Reuter  -  41 words
      • Article
        Lock icon Producer Ross Hunter dies
        46 15 LAT-WP [HOLLYWOOD] Ross Hunter, the producer who dedicated himself "to keep all my movies beautiful" and whoee exquisitely mounted films sought to give 1960s audiences the glamour 0f1930s Hollywood, died on Sunday. His age was variously reported between 69 and 79.—LA T-WP
        LAT-WP  -  46 words
    • Article, Illustration
      Lock icon Show goes on for Randall
      860 15  -  Tony Randall's unflagging spirit keeps the National Actors Theatre going, fbter finds out how he does it PETER MARKS NYT WHEN he was approached about playing the part of the reporter E K Horn beck in Inherit the Wind, the latest revival by Tony Randall's
      NYT  -  860 words
    • Article, Illustration
      Lock icon Dan Rather sees drawbacks in technology
      853 16 PEOPLE Tlie CBS anchor man talks about changes lie has seen In network news NYT [NEW YORK] On March 9, 1981, the night Dan Rather replaced Walter Cronkite as the anchor of CBS Evening News, the camera showed Rather from the waist up, with
      NYT  -  853 words
    • Article
      Lock icon Karaoke: big business in Japan
      622 16 POPCULTURE It has become the test flpfiiffltiffTi for Utwrt NYT [TOKYO] For a people taught from childhood not to draw attention to themselves, the Japanese sure do love to sing in front of others. According to one estimate, about 16.5 million times a day, somebody
      NYT  -  622 words
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      Page 15 Advertisements Column 1
      670 15 HI Budweiser ■l 181 11 lhi where to wine, oine and entertain world s largest seLLiNG BEER J E PALM SPRINGS SEAFOOD RESTAURANT Tet $66 9933 IMM Building sth Storey. Jurong East Street 21. Singapore *****1 Open Daily: 11.00 am 3.00 pm 5.30 pm 11.00 pm For enquiries (Office Hours)
      670 words
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      Page 15 Advertisements Column 2
      95 15 8H p Hie ribs are good cheap 19\\ Mai Km Keng af The Sunday Times Mtetf The Stetfes Itoer**** Talk about... JU Good Ribs Sixties has it Cosy Ambience Sixties has it Inexpensiue Fine has it For reservations, please call 226-5830 J Sixties: 31 Minna Park, Planet Manna #01-10, Singapore
      95 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      288 16 Growth towards a new century mm DIESEL GENERATOR P any inquiries on the products, please contact the following companies. PRINTING MACHINERY, DIESEL GENERATOR, AiR-CONOTTIONING SYSTEM, NEWSPAPER OFFSET PRESS, FORKLJFT, TRUCK MOUNTED CONCRETE PUMP MITSUBISHI HEAVY INDUSTRIES, LTD. 1 5-1, Marurxxjchi 2-chome, Chiyoda-ku, Tokyo 100, JAPAN K Phone: 81-3-3212-3111 Cable Address:
      288 words
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  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      137 17 Where to wine, dine and entertain r Come and join the Easter Children's Party for FUN, GAMES, MAGIC SHOW, oir. a yummy lunch spread and lots of Prizes! 7th April 1996 Sunday, I.oopm 1 Mate your raMrvatfofts today to avoM 1 <nww>iti>iiK caff 735 2081 ext 468 h 1 IASTBt
      137 words
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      Page 17 Advertisements Column 2
      215 17 Tke onion and lentil ooupo at tke ANA Hotel are world tamoui and take agea to make. Tkat'a becauae tkey uae only tke keat atocka and ingredient* and rely on tke experience of Singapore* moat talented ckefa. Spoil youraell today. I AANA HOTEL SINGAPORE 16 Na«Mm HiH *****7. *LfU» 732
      215 words
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      Page 17 Advertisements Column 3
      182 17 annoß Fondues wth a Difference! Feast on this culinary delight made perfect with a choice of peanut sauce, belachan 1 and soya sauce f Vegetable Teapara Fondae $12 per person Cattleflsh ft Meat Satay (per dozen $24 per person Prawn Teat para Fondae $34 per person all fondue entrees come
      182 words
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      Page 17 Advertisements Column 4
      196 17 Singapore Business Giving you the winning edge Dessert rtii i BOA iTI nan* m nwang Doy oieaiwom dutfot wosiaUan Toa Payoh: Blk 190 Ton Payoh, Lorong 6, #02-514, Singapore ***** a TeL 353 3315/353 4378 (faa Poyoh Central, date to ha mtovkange dt MKT Smlm, above KFQ Jurong: 1 Yuan
      196 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      724 17 TV&RAPIO 2M The Perfect Bride. CM Bual Bintang. j, 111HtlBTTiTTga^— CM Adbreak. MO Muzik-Muzik. 1M PM The Winners. s.OO Sell a- Vision fr). MM Memo. Money, Money, Money 100 See Wednesday's Sched- 10.30 The Science 2.00 Management Today. I™ 35 COO The Sooty Show. COO AM The Bots Master. W~SSA
      724 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      208 17 CRYPTIC CROSSWORD 4 Weapon-holder of blackleg poet Iflf Hi IH[ 10 According to Samuel, he was I j j j j j I I I i stone-dead (7) jjHj MM 11A dimmer-switch for the theatre i2~TI 12 Leicester, for example, not en- tirely primitive 13 Elbow-bending, but not on j
      208 words
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  • THE GOLF PAGE
    • Article, Illustration
      Great for those cracking long drives
      2417 18  -  If you cannot drive it long at Royal Johor Country Club, you must hone that chip of yours to razor sharpness, says iparas NICKLAUS D'CRUZ The writer is the editor of The Asian Golf Review Royal johor Country Club is a great place to
      2,417 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      192 18 Tm WEATmR Wnpparw Showers over a few areas in the late afternoon. Temperature (33-23) WU* Owl Em If HVLb* (M. Mb BVU* CM. A«*tod IVIJ (loudy Itiii K/-4 (tod> Aluta WR m,™> WB dandy Aflns IMB Showers BwmAira Jl/17 Sm B** IWM Cloudy Mta W4 Smw CWcwo owe a3 >WS
      192 words
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  • COMPANIES & MARKETS
    • Article
      Temasek takes 20% stake in HK development
      424 19  -  Two S'pore-led consortia to bnild projects along new mass transit line FYom* Quak Hiang Whai in Hongkong TWO major agreements involving Singapore investors in property projects along Hongkong's proposed airportrailway line were signed yesterday. Singapore government investment firm Temasek Holdings yesterday took a
      424 words
    • Article
      HPL, Econ buy into recreation firms in China and Vietnam
      235 19 HOTEL Properties Ltd (HPL) has secured a stake in a recreation company in China while Econ International has taken over another in Vietnam. HPL said yesterday that its associate HRC Holdings had formed a Chinese company called Guangzhou Liang Sing
      235 words
    • Article, Illustration
      Lippo Securities a good proxy to tap growth of Jakarta bourse
      681 19  -  HOCK LOCK SIEW By William Chia INVESTORS appear to have realised that Indonesia's only listed stockbroking firm Lippo Securities is a good proxy for the fast-growing Jakarta bourse. They have chased the company's share price to as high as
      681 words
    • Article, Illustration
      Lock icon $1b profit for New Ardmore
      371 19  -  Marco Polo project expected to fetch $1,700 to $2,000 psf By. Abdul Hadhi [SINGAPORE] Listed Marco Polo Developments' Ardmore Park condominium project can easily net the company $810 million to $1.09 billion at the pre-tax level, judging from the expected pricing of $1,700$2,000 per square
      ARTHUR LEE  -  371 words
    • Article
      Marco Polo's net earnings slump 80.9%
      410 19  -  tty Agnes Wee [SINGAPORE] Marco Polo Developments yesterday reported an 80.9 per cent plunge in group net earnings to $5.3 mil lion for the year ended Dec 31, 1995. Turnover fell 733 per cent to $67.4 million from $258.5 million previously. Pre-tax profit was
      410 words
    • REGIONAL COMPANIES
      • Article
        MUI earnings down 5%
        504 20  -  But group's property arm posts 74% leap in group net earnings to Ms9.9m for 1995, up from Mss.7m William Chia [SINGAPORE] Media and cement group Malayan United Industries Bhd has posted a marginal 5 per cent fall in group net earnings to M 578.52 million (5543.3
        504 words
      • Article
        Acer Computer plans to set up R&D base in S'pore
        301 20 (SINGAPORE! Mainboardlisted Acer Computer International plans to set up a research and development base and a regional repair/assembly facility here over the next few years, and may issue more shares to fund the expansion. As an indication of the scale
        301 words
      • Article, Illustration
        Lock icon Sime Darby (M) seen more reliant on local operations
        395 20 AFP [KUALA LUMPUR] Malaysia's largest multinational Sime Darby Bhd would see most of its future earnings coming from its local businesses as overseas operations come under pressure, analysts said yesterday. While overseas operations may decline in importance to earnings, this may
        AFP; JEN CHUA  -  395 words
      • Article
        Lock icon Sin Heng Chan stock soars 68% on lottery, properly news
        220 20 Bloomberg Business News [KUALA LUMPUR] Sin Heng Chan (M) Bhd's stock gained 68 per cent after the feed miller unveiled a plan to buy a British lottery operator and a Malaysian property company. The stock rose M 59.20 to M
        Bloomberg Business News  -  220 words
      • Article
        Lock icon Hayes likely to lift Acma earnings
        386 20 Analysts say Internet will be a big boost for modem-maker Bloomberg Business News [SINGAPORE] Acma Ltd's acquisition of Hayes Microcomputer Products Inc, executed with Northern Telecom Inc, of Canada, will boost its 1996 and 1997 earnings, analysts said. "The prospects for Hayes are good
        Bloomberg Business News  -  386 words
      • Article
        Lock icon Tasek Cemenfs pre-tax rises 18%
        182 20 Bernama MBT [KUALA LUMPUR] Tasek Cement Bhd recorded an 18 per cent rise in group pre-tax profit to M 537.65 million (SS2I million) for the half-year ended Dec 31, 1995, compared with a profit of M 531.92 million previously. This was registered on a group
        Bernama; MBT  -  182 words
      • COMPANYBriefs
        • Article
          Ipco completes Indon power plant early
          46 20 [SINGAPORE] Ipco International, through its wholly-owned subsidiary Ipco Constructors Pte Ltd, has completed phase 2 of its Cikarang Power Station project in Indonesia a month ahead of schedule. The turnkey project has a total value of US$ll3 million (SslsB million).
          46 words
        • Article
          ABR Holdings appoints new director
          39 20 [SINGAPORE] ABR Holdings said it has appointed Robert Kerr a director as of yesterday and chief executive officer with effect from June 1. Mr Kerr is presently the commercial director of PT Unilever Indonesia.
          39 words
        • Article
          SingTel, India group talks to conclude
          48 20 [SINGAPORE] Singapore Telecommunications said on its involvement in the Hinduja group-led consortium to provide cellular telecom services in Tamil Nadu will be concluded "soon". "We have not pulled out... We are still in discussion with the consortium," a Sing Tel spokesman said.
          48 words
        • Article
          Lock icon BTM Resources offer oversubscribed
          68 20 Reuter [KUALA LUMPUR] BTM Resources Bhd's offer for sale of 2.002 million shares to the Malaysian public was oversubscribed by 75.43 times, the Malaysian Issuing House Sdn Bhd said. It said BTM, a timber company, received a total of 96,614 applications for 153.003 million shares. For
          Reuter  -  68 words
      • Article, Illustration
        Lock icon Plane work
        44 20 [BEIJING] Workers at the Keyuan Light Plane Co putting the finishing touches on a two-seater Model AD-200aircraft designed by Nanjing's Aeronautics and Astronautics University. The private company is planning to produce about 100 aircraft a year mainly for the agriculture sector. AFP
        AFP  -  44 words
      • Article
        Comfort tie-up to run Ubi driving centre
        222 20 [SINGAPORE] Transportlinked Comfort Group has entered into a new line of business operating a driving centre. In a surprise statement yesterday, the world's largest taxi operator and fast-expand-ing car distributor said it had signed a memorandum of understanding to form a 90:10 venture
        222 words
      • Article
        Lock icon HK firm plans S'pore listing for unit
        163 20 Reuter [HONGKONG] China Merchants Hai Hong Holdings Co Ltd plans a separate listing for its wholly-owned ship owning and operating concern Ming Wah Universal (Bermuda) Co Ltd on the Singapore stock exchange on completion of a group restructuring, Hai Hong said in a
        Reuter  -  163 words
      • Article
        Lock icon Yahaya eyes Juan Kuang
        123 20 Reuter [KUALA LUMPUR] Juan Kuang (M) Industrial Bhd is being targeted for a takeover by car tsar Yahaya Ahmad, who is seeking to buy control of the wire harness maker from Singaporean shareholders, a report in The Edge said. The report in the March 11 to
        Reuter  -  123 words
      • Article, Illustration
        Cathay Pacific's net profit up 24.7% to HK$2.97b
        486 21  -  Profit riae partly due to change in aircraft depredation policy From Quak Hiang Whai in Hongkong CATHAY Pacific Airways, Hongkong's flagship airline, yesterday reported a 24.7 per cent jump in net profit to HK52.97 billion (*****.5 million) for the year ended Dec
        486 words
      • Article
        Lock icon Singapore firm wins trademark suit in China
        159 21 Reuter [BEIJING] A Chinese grain and oil packaging Arm has been found guilty of infringing the trademark of a Singapore company, Guo Brothers Grain and Oil, court officials said yesterday. China Nanhai Oil Industry Co (Chiwan), from eastern Zhejiang province, used the Singapore
        Reuter  -  159 words
      • COMPANYBriefs
        • Article
          Lock icon Vist hotel group to privatise
          74 21 AFP [HANOI] Ho Chi Minh City-based Saigon Hotel Co has been named as the next state-owned company to sell shares, a senior city official said yesterday. It is the first of9o Ho Chi Minh City companies slated to issue and 9ell shares this year, he
          AFP  -  74 words
        • Article
          Lock icon Seoul easing investment rules
          61 21 AFP [SEOUL] South Korea will ease stock investment regulations for foreigners cm May 1 by allowing them to use foreign currency for mandatory guarantee deposits. The Ministry of Finance and Economy said yesterday todtvid!>alfer»ign stock investors will be able to use such authorised foreign currencies as
          AFP  -  61 words
        • Article
          Lock icon BTR completes sale of Dunlop Slasenger
          79 21 AFX-Asia [LONDON] BTR pic said tt has completed the sale of It* sports business Dtmlop Slazenger to a management buy-out team for £330 million (Ss7o6 million). For the year ended Dec 31, Dunlop Slazenger's profit before Interest and tax was £23 million on sales
          AFX-Asia  -  79 words
        • Article
          Lock icon New AT&T seen valued at US$58 a share
          58 21 Reuter [NEW YORK] The successor to ATAT Corp the "new" AT&T that follows the splitting of the company into four segroents—should be valued eta share price of US$5B, according to an analysis In Barron's. The article said it Robert Alkn, other AT&T
          Reuter  -  58 words
      • Article
        Lock icon Seoul's Ssangyong Cement to buy back own shares
        128 21 Reuter [SEOUL] Ssangyong Cement Manufacturing Co said yesterday it would buy back 660,000 of its own common shares and 50,000 of its preferred shares on the open market between March 15 and June 14 to boost its share prices. The buyback, representing
        Reuter  -  128 words
      • Article
        Lock icon Firms may be forced to delay IPOs or offer shares at lower prices
        377 21 REACTIONS TO HK MARKET PLUNGE Bloomberg Business News [HONGKONG] Hongkong stocks' biggest drop since August 1991 may thwart some companies' plans to sell shares to the public for the first time. Henderson China Holdings Ltd, China's Guangshen
        Bloomberg Business News  -  377 words
      • Article
        Lock icon Indian stockbroker to appeal suspension
        155 21 Bloomberg Business News [BOMßAY] One of India's largest stockbrokers, S S Kan tilal Ishwarlal Securities Pvt (SSKI), has appealed a sevenday suspension imposed by the Bombay Stock Exchange, a company director said. It agreed to pay a fine and interest payments totalling about 4.5 million
        Bloomberg Business News  -  155 words
      • Article
        Lock icon GE Capital wants to double its Asian assets by 2001
        381 21 Alms to achieve target through aggressive growth of 20 per cent each year Bloomberg Business News [HONGKONG] General Electric Capital Corp hopes to double its US$4 billion (555.6 million) in Asian assets by 2001, the head of the company's Asian
        Bloomberg Business News  -  381 words
      • Article
        Lock icon Power NZ shares surge on hopes of merger
        215 21 Bloomberg Business News [WELLINGTON] New Zealand electricity utility Power New Zealand's shares rose to a record after a proposed merger in the New Zealand power industry raised expectations the company can get its own merger plans back on track. Auckland-based Power New
        Bloomberg Business News  -  215 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon CompuServe, Netscape in Internet pact
        277 22 It allows CompuServe Biers to choose Netscape's Internet Wowser over rival Microsoft product Reuter [LOS ANGELES] In a blow to Microsoft Corp, CompuServe Inc and Netscape Communications Corp on Friday announced a broad licensing pact that will allow CompuServe users to choose Netscape's Internet browser
        Reuter  -  277 words
      • Article
        Lock icon Microsoft forging series of tie-ups
        406 22 Game plan is to win mr Netscape users through high-speed naccess to Internet Bloomberg Business News Reuter {REDMOND, Washington] Mi- crosoft Corp is forging a series K -of alliances with companies ~including MCI Communications Corp, six of the seven Baby Bells and Motorola Inc to
        Bloomberg Business News; Reuter  -  406 words
      • Article
        Lock icon Xerox sets up subsidiary to enter flat-panel display market
        360 22 Move aims to reclaim high-end market from Asian competitors Bloomberg Business News [PALO ALTO, California] Xerox Corp is setting up a whol-ly-owned company, Dpix, to help it enter the market for high-resolution flat-panel displays. The market for the displays, which are
        Bloomberg Business News  -  360 words
      • Article, Illustration
        Lock icon Court battle over Walkman's origins
        303 22 AFP [LONDON] An appeal court in London was scheduled to start yesterday to review a Germanborn inventor's claim that he, and not the Japanese consumer electronics group Sony, created the Walkman personal stereo. Andreas Pavel claims he patented his "stereophonic production system for personal wear"
        AFP  -  303 words
      • Article, Illustration
        Lock icon German bank to correct tax returns covering 10 years
        332 22 FT [BONN] Commerzbank, Germany's third largest bank, on Sunday admitted that it was "correcting" tax returns covering more than a decade following allegations that it had made false or misleading submissions to the authorities. The allegations, which centre on the size
        FT  -  332 words
      • Article
        Lock icon Cable & Wireless ends talks with British Telecom
        146 22 Cable Wireless ends talks with British Telecom Reuter [LONDON] British-based telecom group Cable Wireless pic confirmed yesterday that it had been in discussions with British Telecommunications but said the talks had now ceased. It said this in a statement but did not say what the discussions had been about and
        Reuter  -  146 words
      • Article
        Lock icon Pechiney to cut workforce, annual costs by 8%
        500 22 FT [PARIS] Pechiney, the French aluminium and packaging group privatised last year, is planning to cut annual costs by at least 1.5 billion French francs (Ss4l6 million) or 8 per cent, by 1996 and is expecting to implement substantial workforce reductions. Jean-Paul
        FT  -  500 words
      • Article
        Lock icon Investor group ranks brokerage firms
        286 22 Bloomberg Business News [NEW YORK] Prudential Securities and Norwest Investment Services were ranked as the worst of the 10 largest brokerage and bank-affiliated brokerage firms, according to an investor group. The survey by the National Council of Individual Investors found that A G Edwards Inc
        Bloomberg Business News  -  286 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Clearing bank planned to handle forex deals
        468 23 17 migor global banks are evolving a system to reduce the risk of a short-circuit in the forex market FT (LONDON] The world's leading international banks are preparing to set up a global clearing bank to handle the U551,230 billion (551,734 billion) of
        FT  -  468 words
      • Article, Illustration
        Swiss Re to double Asia-Pac premium income
        373 23  -  STpore office to be upgraded to branch by Jan 1997; more Adt offices planned By\ Soh Tiang Keng [SINGAPORE] Swiss Reinsurance, which is upgrading its Singapore office to branch status, aims to more than double its premium income from the Asia-Pacific region by
        373 words
      • Article
        FJ Benjamin secures $70m short-term advance facility
        171 23 [SINGAPORE] Fashion retailer FJ Benjamin has raised funds through a $70 million short-term advance facility (STAF) with a $50 miUion standby revolving credit faculty. The deal was signed on Friday, and the arranger and facility agent was NM Rothschild Sons. The short-term advance
        171 words
      • SMALLChange
        • Article
          Lock icon Hill Samuel faces BOE sanctions paper
          56 23 Reuter [LONDON] The Bank of England is considering taking regulatory action against senior executives at merchant bank Hill Samuel for failing to make sufficient bad debt provisions against property loans at the height of the recession, the Sunday Ttlegraph reported. The BOE was said
          Reuter  -  56 words
        • Article
          Lock icon Industrial Bank of Japan ups prime rate
          66 23 Bloomberg Business News [TOKYO] The Industrial Bank of Japan said yesterday it would raise its long-term prime rate to 3.2 per cent from 3 per cent on March 13. The bank would sell March's allotment of five-year bank debentures to institutional investors for
          Bloomberg Business News  -  66 words
        • Article
          Lock icon Itochu to set up S'pore unit
          65 23 Bernama-Kyodo [TOKYO] Itochu Corp said yesterday it would form a whoUy-owned financial subsidiary in Singapore at the end of March to cash in on the expected growth of financial services in Asia. The subsidiary, Itochu Capital and Investment (Asia) Ltd, would be capitalised at
          Bernama-Kyodo  -  65 words
        • Article
          Lock icon HSBC to expand retail lending in Asia
          73 23 Bloomberg Business News [HONGKONG] Hongkong and Shanghai ftanVfag Corp, the territory's largest bank, win expand retail lending in other Asian countries outside Hongkong, the Hongkong Economic Journal reported yesterday, citing the bank's chief executive officer David Eldon. MrEldonsaid retail banking was more profitable
          Bloomberg Business News  -  73 words
      • Article
        Lock icon Japan, Korea seen buying more grains this week
        459 23 No signs of Taiwanese firms increasing imports Reuter [SINGAPORE] East Asian buyers are likely to step into the grains market this week, with signs that freight rates may be Arming. Meanwhile, Taiwanese importers are keeping their nerve despite Chinese pressure, traders said
        Reuter  -  459 words
      • Article
        Lock icon Liffe mulls contract changes in run-up to EMU
        227 23 FT [LONDON] The London International Financial Futures and Options Exchange (Liffe) is considering a modification of its short-term money-mar-ket contracts as part of its preparations for European Monetary Union. A full board meeting of the exchange was to assess yesterday the technical
        FT  -  227 words
      • Article
        Lock icon Eurodollars recover from lows
        219 23 ftiwtgi Report Reuter [SINGAPORE] Simex Eurodollars staged a partial recovery before the close yesterday after being aggressively sold due to the rise in US non-farm payrolls. "As London started coming in, people bought back to manage their positions. It's difficult to come up with a technical
        Reuter  -  219 words
      • Article
        Lock icon CURRENCY REPORT
        164 23 Reuter AFP THE dollar remained subdued in European trade, and managed to hold above key support levels on the mark and yen despite the current turbulence in global asset markets. It slid overnight in tandem with the US bond market but signs of a mild recovery by Treasuries
        Reuter; AFP  -  164 words
      • Article
        Lock icon African oil giant Nigeria hit by fuel shortage
        309 23 ENERGY REPORT Reuter [LAGOS] Africa's biggest crude oil producer Nigeria saw business in its commercial hub Lagos grind to a halt yesterday due to the country's latest fUel shortage. Long queues of vehicles jammed the streets as impatient drivers tried to buy
        Reuter  -  309 words
      • Article, Illustration
        Untitled
        1133 23 mTHKBAMICPMMTOTEATBg tmUa niniiBiii, »U JDKUfMiy bWJS. ft A|»Mt USJ 5=25! Wot ns >3SL 0 nn.ffr 92S2L t <m> im oti* Frwirtfrwe 27.4935 27.7041 5.0713 5.0700 n Local doUan toomimtt oftorrtgn eunwq,: »li»m «rfHr W W >819 7.7332 7.7337,, JJ2 h*2 7tM 7 4 0.0603 0.0404 2.330.000 2.333.000 n ,i,n *****
        1,133 words
    • Article
      COMMODITY PRICES
      1348 25 gQOMIHTUMi Mar 11 ClOM VMM* 9m «N> Urn lott (tww» Mwrt 225.00 ***** 227J0 200 2000 ***** 222.00 224.00 »75 3625 JmH ***** ***** 222.50 1600 3000 *W*96 ***** ***** 221.50 75 ***** MAMM ***** ***** ***** 2925 ***** JWM«r 97 220.50 3075 RSS 3 CONTRACT (US CMb/h|)
      1,348 words
    • Article
      WORLD STOCK MARKETS
      1980 25 *r» Paata A. A. Carp Mr 603/4 -21/2 ABPortl 304 -4 AMay National 553 -9 AMad Lyons 505 6 Amac 95 H AlfyB 309 -8 g la Group 1041/4 -11/4 Tlnd .554 -4 X 320 3 •OC Group 914 -121/2 ■RPatrotaum 5311/2 -41/2 «TR_ .3221/2 -2 Ban*
      1,980 words
    • Article
      Lock icon TOKYO
      1587 25 Anthony Rowley in Tokyo Q Nikkei 225 -3SMB STOCK prices plunged to their lowest level in three months, hit partly by the earlier rout on Wall Street but also by mounting jitters among international investors about the China-Tai-wan standoff and about the fate of the Japanese government plan to
      Anthony Rowley in Tokyo  -  1,587 words
    • Article, Illustration
      Lock icon HONGKONG
      1573 26 Quak Hiang Whai in Hongkong PHangSeng -830,34 VUND managers and brokers reeling after suffering Asia's biggest losses were last night bracing themselves with increasing nervousness for reaction today to the US market overnight. Brokers say much of the gains made on the Hang Seng Index in the last two
      Quak Hiang Whai in Hongkong  -  1,573 words
    • Article, Illustration
      Lock icon CHINA
      600 26 Reuter P Shanghai B Shire Infax -137 THE Shanghai B Index ended down 1.37 points, or 2.6 per cent, to 50.21 mainly due to sharp losses in Hongkong. Volume was 9.1 million shares worth US$3.B5 million. "Plunges in Hongkong today caused some overseas investors to sell heavily," said one
      Reuter; Source:  -  600 words
    • Article
      Lock icon TAIPEI
      361 26 AFP PfFhte -WLOB STOCKS plummeted 2 per cent on the eve of new Chinese war games on Taiwan's doorstep, despite massive intervention by the financial authorities. The Weighted Price Index fell 96.06 points to 4,711.43 as investors dumped stocks, worried by the latest phase in China's campaign of intimidation.
      AFP  -  361 words
    • Article, Illustration
      Lock icon JAKARTA
      635 26 Reuter Composite Index -2156 STOCKS finished sharply lower yesterday but off the day's low, following a sharp tumble on Wall Street on Friday. The JSE Composite Index closed down 23.56 points, or 4.2 per cent, to 544.54, against the day's low of 541.1 points with falls leading rises by
      Reuter  -  635 words
    • Article, Illustration
      Lock icon BANGKOK
      790 26 Reuter D SET Mm -4m SHARE prices ended 3.5 per cent down after heavy selling triggered by a plunge in Wall Street on Friday and hefty falls in regional markets. The SET Composite Index finished 45.31 points down at 1,263.66 its lowest level since Dec 19. "Investors came in
      Reuter  -  790 words
    • Article
      Lock icon MANILA
      344 26 Reuter Q Maria -MJ4 SHARE prices plunged 2.3 per cent on selling triggered by Friday's slump on Wall Street. The Composite Index fell 66.14 points to 2,810.65. Turnover was 6.8 billion shares valued at 1.8 billion pesos. Philippine Long Distance Telephone Co fell 40 pesos to 1,490. Petron Corp
      Reuter  -  344 words
    • Article
      Lock icon SEOUL
      394 26 AFP PCwnpoßteliig -1&37 STOCKS plunged as investors withdrew to the sidelines amid delays to government measures to boost the bourse. The Composite Price Index closed 15.37 points lower at 848.26. Turnover was 17.7 million shares worth 346 billion won. Falls beat rises 615 to 168, with 95 stocks unchanged.
      AFP  -  394 words
    • Article
      Lock icon SYDNEY
      606 26 AFP □iPOrflMriw -ana SHARES fell amid shock waves from a plunge on Wall Street and local concern over an expected budget blowout The All-Ordinaries Index fell 80.2 points, or 3.5 per cent, to 2,187.4, its biggest one-day fall in four years. Turnover was 252.3 million units valued at A
      AFP  -  606 words
    • Article
      Lock icon WELLINGTON
      277 26 Reuter PWcflington -3QJI SHARES steadied after sharp early falls as the NZSE-40 Capital Index closed 30.91 points, or 1.5 per cent, lower at 2,091.22. Prices fell 1.8 per cent at the open after Wall Street's dive on Friday. Reuter 1 *b rmm ANZ Banking 8.85 -0.15 3550 Advantage* HM«i
      Reuter  -  277 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon US bond yield rise drives shares down 3%
        6576 27 KUALA LUMPUR Reports Bloomberg Business News O Composite Index -33J1 STOCKS fell 3 per cent, led by Tenaga Nasional and Petronas Gas, as rising yields on US bonds over the weekend drove investors out of stocks, analysts said. "When bond yields go
        Bloomberg Business News; ALLAN  -  6,576 words
    • WARRANTS&OPTIONS
      • Article
        Juan Kuang: good for a punt
        3741 28  -  WARRANT WATCH By Ven Sreenivasan "THE time to buy is when blood is running on the street," Nathan Rothschild once observed. Indeed, the plunge that markets across Asia suffered yesterday provides a great opportunity to pick up counters that stand to rise to new
        3,741 words
    • Article
      CLOB INTERNATIONAL
      2202 28 MALAYSIAN STOCKS Gf Qf 1993/96 Last Vol Day Last Ouot* Div Mv YM Nat M Caa High Law Stna Company »aOa COOP) High Law Buyac SaWaf Cw H P/t imK 425 Si m 5000 AISB50C -Tift WW 10 15 ol 1309 U0~7 127 70.5 a> 5001 AMDS SOc
      2,202 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1212 29 TUMMVOt C000) VALUC COOO) w>» cit th«i turn co MlMtrW 54,492 21,052 77,504 1WI1 ***** W7.44S rtMnc* 14J98 ***** 30,743 132.040 22.814 (94.904 NaMi 5427 920 M4? 14.797 1.058 15.844 »mrt)w <2,813 12,514 25.327 44.784 14,821 81.607 nwtatlM 3.308 3.308 9,W •.'01 MMr* 2.410 2,410 7,881 7J81 8LW 13,945 9.807
        1,212 words
      • Article
        MAIN BOARD
        4503 29 6r Or mm 1995/9* LMt Vol Day Last Oust* W* tHv YM Mat Cap Avg HUH l— «m cawpany w roop) mg> u» —yr »a—f ct p/i Prtn WWIIfllU 214 176 1258 Acar 50c US18S -9 74 191 183 183 185 «-3 306.3 494 318* Bit 1000 Acma50c
        4,503 words
      • Article
        SESDAQ
        967 29 Or Qt M Wt 1995/96 LMt Vat Day Last Ouata Mv Dh YN Nal Cap A *4 MH> Law ttMa Ciijiay 8aH fBOO> MHIi Ua twyar fa—r Par Wl Mm tCSOAQ 322 40 a 2000 A8R MWgs 5c 258 -8 89 260 258 258 260 18.0 6.9 0.4 56.1
        967 words
      • Article, Illustration
        HOT STOCK
        77 30  -  By Paul Leo MARCO POLO Developments fell 20 cents to $2.61 yesterday with 104 million shares traded -16 times the lMay average 0f839,900 units. Looking at the move from a year ago on the weekly chart and using wave analysis, the current fall will find support at 5241
        77 words
      • Article, Illustration
        Shares tumble in sympathy with Dow's 171-pt plunge
        932 30  -  STOCK MARKET COMMENTARY Also cited for the big fall are mounting tension in the Taiwan Straits and rising yields on US bonds By Ven Sreenivasan [SINGAPORE! Stocks fell in tandem with regional bourses yesterday against a background of tension in the Taiwan
        932 words
      • ON THE GRAPEVINE
        • Article
          Bull trend intact, Merrill says
          81 30 MERRILL LYNCH'S latest Global Economics and Strategy Research report dated March 1, which arrived at our office yesterday, wins no price for timing. It has this screaming headline on the front-page: "Bull trend in US equities intact" and goes on to talk about how US
          81 words
        • Article
          It's liquidity, stupid
          87 30 THAT'S the title of Bank Credit Analyst Research Group investment strategy article in its March Emerging Markets Anafyst publication. Very appropriate, given that emerging markets have been driven by the tide of money from the West. In the article, it said "it is sobering to try and
          87 words
        • Article
          Dealing with market crises
          121 30 YOU know the stock market is not doing well when brokers exhibit certain behaviour. That is if they can be found at all. When the Hang Seng Index plunged 820 points, or 7 per cent, yesterday, our Hongkong correspondent was having trouble contacting analysts and brokers.
          121 words
        • Article
          Money and guts
          55 30 IT TAKES both money and guts to try and benefit from yesterday's sharp drop in the stock market Overheard during lunch at Boat Quay, "If I have the money, I will take the opportunity to buy the market," said a broker. His companion added: "If I have
          55 words
        • Article
          Put a GP in your tank
          145 30 WE CAN now reveal to our readers the secret for winning a Formula V car race. It is neither the car nor the driver. According to a statement which GP Batteries International sent to the stock exchange, which apparently has a keen interest in
          145 words
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      115 19 Ling Zhi, A Tradition of Good Health Fairy Brand T ing ?hi Enjoy Ling Zhi, the traditional way to Good Health with Fairy Brand Ling Zhi Tea Fairy Brand Ling Zhi Tea is prepared from the extracts of naturally cultivated Line Zhi crown on the slopes of the Emei Mountains
      115 words
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      287 20 ONE PEN Blue ballpoint ""functions Why Fumble for a pen or pencil when a'dick'is all you need? MjV The Rotring Trio has 2 ballpoints mJK red and blue and a o.smm pencil smartly packed into one neat barrel. With renowned Rotring precision and quality, it's available in 2 stylish finishes,
      287 words
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      Page 20 Advertisements Column 2
      15 20 24 Mount Elizabeth Singapore *****S Td ***** ft Fax *****44 A Hwmhr •{Far EmM Quiteriii
      15 words
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      Page 21 Advertisements Column 1
      254 21 BEBBflfl The 2nd International Exhibition Hl|||lH|H on Brewing, Beverage Equipment HpHBDBH M and Technology In Asia 1 Held In conjunction with the 24th 108 Convention BREW.DRINK TECH ASIA '96 will provide an excellent platform to assess the developments in brewing beverage technology and its applications. Visitors PQgIJ/ rjgfAflf "Ml g«in
      254 words
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      Page 21 Advertisements Column 2
      272 21 Achieve Business Success With SAP. Relevant information, at the right time and pioce, is crucial for any organization's well-being and future growth. With SAP, decision-makers are able to occess the time- and mission-critical information they need to help them achieve business success. As the undisputed leoding provider of integrated business
      272 words
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      Page 22 Advertisements Column 1
      338 22 UK CMM» SKHIMKS' CMKOTMI THE BOARDROOM EXPECTATIONS AND CHALLENGES Thursday, 4 April 1996 Pinetree Town Country Club The traditional role, responsibilities and liabilities of Company Venue The Balmoral Hall Secretaries have now seen a major change due to the fast pace in pinetree Town Country Club business development, practices and
      338 words
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      Page 24 Advertisements Column 1
      190 24 0% Finance Package Saab's pionaaring turbo tochnolofly for production saloons. It* TV tr: wheel. You Jea i. ji really want to get the whole show on the roa J* Now, of this Saab Financing -dSBr v„ I 1 ™W|fci^2i(l^WPß^ npippii!/jLj.a r'^*fyr^ W- 17 M *2t V* •*-i0 rf")n fix t
      190 words
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      Page 26 Advertisements Column 1
      54 26 Wiz- Get Biz! Get Wiz! u.. w^.P CD-Rom Everything you wanted to know about Unit Trusts as well as a financial planner shareware...all this and more in Wiz Vol 3, mlr/ J? a multimedia lifestyle magazine on CD-Rom. Hyjm Amconics Stop Press Challenger Superstore Wright-Tech Kinokuniya Book Store Multimedia Distributor
      54 words
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      31 27 Quick Stoc k% WttimL'llJlß'TEWiTMM g a accm "> /oar investments. /on*/ on the SES pages of Business Times A o, M i«d by: mClSfl' ZaoAao daily andfaxback on 740-2350 (24 hrs). IWrjujlllC
      31 words
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      Page 27 Advertisements Column 2
      58 27 Quality has no limit. E Q U I N O X E BQ CAMNjACHE quality that lasts SWISS MADE SINCE 1924 SU, Apmt S.A Dm s,n t *pmr P n Ltd 2)0 Vhmtm Stmt. »oj-05 b n ,ijnttm*. Offia Ttuir 8/« i /*****. W 337 Z»J. 337 jos» A*»tUUt at
      58 words
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      43 28 FOR THOSE WHO PLACE QUfILTIY ABOVE ALL. YOUR TIMEHAS COME! Enhance your image. Promote your business. All in the name of quality. Call us, we'll show you how. Tang Ngai Kin 740 2085 (pg 9301 9320) Serene Cheong 740 1609 (pg 9408 0305)
      43 words
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      98 29 r ARE THE BULLS BACK i =r- > the paper the market I Find out by reading The Business Times daily. movers read. j 12 months mnntaniSS v J Business Times landaw at S$ 265.20. I LJ S$ cheque/money order T m <||>j > t USStx3r*(>aft drown on oSngapore bar*
      98 words
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      Page 29 Advertisements Column 2
      38 29 BUY** SELL* JIP Classified ads make finding a job an easy chore. No matter what it is, you can always buy it, sell it or find it with the Classified. TOLL FREE 1800-737-1166 Coll Today For Results Tomorrow.
      38 words
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      18 30 A day in the life of Cindy Crawford Behind the scenes with the supermodel I FIR^Q ,J H
      18 words
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      Page 30 Advertisements Column 2
      248 30 Singapore Closing Share Prices 11/03/1996 CLOSE PREV LOW HIGH tll||/ US$ USS US$ uss Mill/ Jardine Matheson 7.50 8.15 7.45 7.90 3.20 3.38 3.20 3.38 mMr J {J* 11 Farm 0.965 1.03 0.95 0.98 Hongkong Land 2.07 2.23 2.07 2.15 Mandarin Oriental 1.18 1.25 1.18 1.24 midilm Jardine Strategic W9B
      248 words
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      Page 30 Advertisements Column 3
      306 30 AVID CORPORATION (SINGAPORE) PTE LTD (In Vol. Liquidation) FINAL MEETING NOTICE It HEREBY GIVEN pursuant to Section 306 of the Company Act (Cap. 60) that tha Final Oanaral Maating of tha Mam bar* of tha abovenamed Company w« bo held at tie Office of M* Wee Sang Tiong A Co..
      306 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      305 31 Knight-Ridder Reuter THE freight market ended the week positively for owners in most areas. But conditions vary from, strong demand for Capers in the East and most types of tonnage in the South Atlantic on the one hand, through a marginally better situation for owners in the North
      Knight-Ridder; Reuter  -  305 words
    • Article
      MARITIME STOCKS
      274 31 as ft urn h cwrr OWrtbuKen tSS -O.V4 303 Chuan Hup HoWtrwjj LJ7 -0.05 130 Coaco Mvastmant U4 -0.10 27 ntS 7.50 -020 7*7 rrtffULMu 0 58 -0.035 12 MHaMb*a L24 -a04 249 MM Sub Hu» Croup-100 Onch 2603 MUcHJmm LOO -010 296 MCMaMng* HK5.60 JrneMumm 144 -0.07
      274 words
    • Article
      Demand for fast Australia-E Asia cargo ships: study
      323 31  -  They can make just-in-time deliveries of time sensitive and high value goods Frornl Selva Kumar m Sydney A RECENT study by Australian shipbuilders and shipowners has found that there is a niche market for high speed cargo ships from here to East
      323 words
    • Article
      Lock icon Taiwan may let domestic lines engage in cross-straits trading
      256 31 Major revisions to its proposed shipping links with China Knight-Ridder [TAIPEI) Taiwan's Ministry of Transportation and Communications is considering making major revisions to its proposed offshore shipping centre plan to permit domestic shipping firms to participate in transport of cargo between
      Knight-Ridder  -  256 words
    • PORTShots
      • Article
        New port planned in India
        73 31 [NEW DELHI] Indian private sector steel company Mukand plant to build a new port at Kulpi, near Haldia, to handle coastal cargo and shipments toChittagong in Bangladesh. The West Bengal state government will have an 11 per cent stake in a Joint venture set up,
        73 words
      • Article
        Lock icon Congestion eases at Indon ports
        88 31 Knight-Ridder [JAKARTA] Congestion at Indonesian ports has eased sharply from last month, but around 29 ships, carrying perishable food items, are still waiting to unload, the Jakarta Post reported yesterday. The ships—l 9 at Jakarta, seven at Surabaya and three at Medan—are mainly holding rice,
        Knight-Ridder  -  88 words
      • Article
        Making it easier for foreign ships
        60 31 [MANILA] Hie Philippine maritime and customs authorities have hammered out a deal between themselves to allow foreign ships to be given permits to carry domestic cargo on a case-by-case basis. Previously the Maritime Industry Authority and the Customs Bureau had overlapping powers on the
        60 words
      • Article
        US$39.6m needed for port projects
        60 31 [NEW YORK] Officials of the Port Authority of New York and New Jersey, the State of New Jersey and the City of New York have asked Congress to provide U5539.6 million for "projects essential to navigation in the port". They argued that the work is
        60 words
      • Article
        Cruise liner awaits its fete
        84 31 [MANILA] UK-based cruise line Cunard has still to decide what to do with its 1965-built passenger ship Sagqflord following its recent Are while in Philippine waters. The ship is now at Subic Bay while the company determines the full extent of the damage. The company's
        84 words
      • Article
        Lock icon Nigeria to check all oil-carrying ships
        88 31 Reuter [LONDON] Nigeria will inspect all vessels carrying oil into its territorial waters. Lloyds Casualty Reporting service said. "Due to recent (unspecified) tanker disaster and high incidence of marine pollution both in port and within international waters, the National Maritime Authority (NMA) of Nigeria
        Reuter  -  88 words
    • Article
      Lock icon Report slams captain, pilot of Sea Empress
      188 31 AFP [MILFORD HAVEN. Britain! A preliminary report on the Sea Empress oil spill off the South Wales coast last month criticised the captain of the supertanker and the port pilot who guided the ship in. The report by the Marine Accident Investigation Branch
      AFP  -  188 words
    • Article
      US$20b insurance cover limit too high, P&I conference told
      237 31 [LONDON] The P&I compromise figure of US$2O billion (5528.2 billion) limit on insurance cover is still unacceptably high to owners, participants at a conference here were told last week. Mike Meehan, managing director of South Africa's Griffin Shipping Holdings Limited, expressed
      237 words
    • Article, Illustration
      Maersk ship to be S'pore-flagged
      59 31 [SINGAPORE] AP Moller's latest newbuilding (above) was named Maersk Taiyo by Mrs Sachiko Ishikawa, the wife of NYKexecutive vice-chairman Hiroshi Ishikawa, in a ceremony recently. The vessel, a 4,000- unit type pure car-carrier built by Tsuneishi Shipbuilding Co of Japan, will be registered under the
      59 words
    • Article
      Joint MISC-RCL service calls at Port Klang
      256 31  -  By' Yong Mei Fong [SINGAPORE] Malaysia International Shipping Corporation (MISC) and Thailand's Regional Container Lines are now calling at Port Klang on their joint Singapore-Penang service. The lines are operating three feeder vessels on the service they each provide a fixed day weekly
      256 words
    • Article
      Lock icon S Korean shipbuilding orders plunge 31%
      147 31 AFP [SEOUL] South Korean shipbuilders, snagged by rival Japan's lower prices, saw a 31 per cent year-on-year decline in new orders to 480,000 gross tonnes in the first two months of this year. The Korea Shipbuilders' Association (KSA) said new shipbuilding orders in February
      AFP  -  147 words
    • Article
      Asia Pacific transport logistics conference opens today
      240 31 [SINGAPORE] Some 200 participants are expected to at-; tend the Asia Pacific Trans* port Logistics which opens today at The Mandarin Hotel. Communications Mah Bow Tan will kick off the three-day event with his open-! ing address today. He will be followed by
      240 words
    • Article, Illustration
      Lock icon Mitsubishi in for tough fight
      997 32  -  JAPAMBSB RECREATIONAL CAR MAKERS: COMPETITION RISES Japan's changing economy and a shift towards leisure activities has seen an enormous demand in off-road vehicles but this has also made it harder for the bigger players to hold their own as more manufacturers enter the market By
      NYT  -  997 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      270 32 PAGE CtNepiwi Tn 5" 12 ANL 1 i iku 7 CvrprtMt U Iftord 12 r(Moa> AvLkM 1 FooogSun 12 i£!™5L i Frota 12 15™* FrtWorM 12 n eunaEipftu 4 J2" GMurtrm 13 fanthnn 4 RCA «1 ?T UoMM 7 UoMMW) 13 BtangMas 12
      270 words
    • Article
      SHIPPING GUIDE
      17219 38 ETA ETA Advertiser Vessel Voyage Pg ETA ETA Advertiser Vessel Voyeqe Pg SIN Detfn Name Name No. No. StN Oest'n Name Name No. No. MnMHMMNMBMHMHNMMMkMIMHMMMMBNNMMHHMNMMMl MMHHNIHMMMHMMHMMRnHMRMMMHWyiHMNnMMHnHHaHHBni a Bangkok 12/03 IS/03 Avant SINO MARINE MRN131 6 Abidjan 13/03 n/03 acl kota harta mtaoot n 8/03 20/04 Del mas OELMAS
      17,219 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        645 45 Voy Mo Nfttl Affhm Poportw R M" VN navwoc noVfloo rmkjm v* m ujumm anoon ■Sa iM m xtu/vtoc aJuhoc tm km* VN Ml IU3/050C n.OJAwc R MM Ml Mi 'iCC O03/M00 MM i3M Ml H0VM30 12.0 VMJO (Ma VN Ml n.01,i0i$ O»3/i0T5 IMMJ VN M UMIW* 2
        645 words
      • Article
        CONTAINER SCHEDULES
        1509 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booting/bianco Rstii SMp Voy Wo Etb/ltr Portod frm To frow mmm omm M/noo a vttoo ants* 12/0*00 J a/C'OC 0/W4 12,-UOC 4 O/OM 0/149* 12/T700 kiM Si 14-T70C 12/0700 ~t2,n5* :-J00 4 o/om o/mo* o/iao M**m MM 0*00 M tVBOC
        1,509 words
      • Article
        COCKETT BUNKER MARKET REPORT
        834 45 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual
        834 words
      • Article
        GLOBAL HOLIDAY
        403 45 MAS 12 Mauritius: National Day. MARIS Belarus: Constitution Day. Hungary: Anniversary of 1848 revolution. HARM Iran: (tentative) Martyrdom of Sixth Imam. MARIS Ireland: St Patrick's Day. MARI* Iran: Oil Industry Nationalisation Day. Malta: St Joseph's Day. Nepal: Ghode Jatra, (for the Kathmandu Valley only). Spain: (tentative) Father's Day.
        403 words
    • AIR&LAND TRANSPORT NEWS
      • Article, Illustration
        Lock icon S Korea joins foreign fight for Japan car market
        390 46 Ssangyong Motor's Musso becomes first Sooth Korean car to be marketed in Japan AFP {TOKYO] The first shipment of South Korean cars has landed in Japan, establishing a new bridgehead in the widening battle here between foreign car makers and the
        AFP  -  390 words
      • Article
        Lock icon Aviation show in Santiago draws companies worldwide
        275 46 330 exhibitors at International Air and Space Show AFP [SANTIAGO] An international aviation exhibition displaying commercial and military wares from 42 countries opened here on Sunday for a week-long run expected to draw officials from around the world. The International Air and Space
        AFP  -  275 words
      • Article
        Lock icon GM strike widens to affect 35,000 workers
        219 46 Reuter [DETROIT] The number of workers affected by a strike at General Motors Corp's Dayton, Ohio, brake plants swelled to nearly 35,000 on Sunday as the car maker cancelled yesterday's production at a nearby truck plant. The walkout by the 3,000 workers at
        Reuter  -  219 words
      • Article
        Lock icon Ford to invest £2.6b in UK by 2000
        190 46 Bloomberg Business News [LONDON] Ford Motor Co estimated it would invest £2.6 billion (555.5 billion) in its UK car manufacturing plants by the year 2000, a spokesman for the company said recently. The estimate includes previously announced investments, such as engine plants
        Bloomberg Business News  -  190 words
      • Article
        Lock icon UAL revamps pay for executives
        227 46 Bloomberg Business News [WASHINGTON] UAL Corp, seeking to emphasise the company's employee-owned status, adopted a new compensation philosophy for its corporate executives. Under the new plan, chairman Gerald Greenwald and other senior executives win be required to meet certain stock ownership guidelines based on their
        Bloomberg Business News  -  227 words
      • Article
        Lock icon Escap to discuss ways to launch Asia's land transport projects
        215 46 Oana Yonhap (SEOUL) Delegates from member nations of the United Nations Economic and Social Commission for Asia and the Pacific (Escap) will gather in Seoul tomorrow to discuss ways of initiating projects for the construction of railways and highways linking
        Oana Yonhap  -  215 words
      • Article
        Lock icon Alitalia MD hits out at old management
        216 46 Reuter [ROME] The newly appointed chief of Italian airline Alitalia has lashed out at the old management of the company and gave a warning about results for the start of 1996, daily II Corriere della Sera said on Saturday. "The financial situation at
        Reuter  -  216 words
      • Article
        Lock icon Braniff chairman offers creditors US$1m
        149 46 Los Angeles Times [NEW YORK] The chairman and co-owner of defunct Braniff International Airlines has offered to pay US$l million (511.41 million) in restitution to the airline's creditors. Philadelphia businessman Jeffrey Chodorow made the offer in US District Court in Brooklyn last Friday. He was
        Los Angeles Times  -  149 words
      • LOGBook
        • Article
          Lock icon Aeroflot signs MOU to lease 4 Airbuses
          66 46 Reuter [MOSCOW] Russian international flagnhtp carrier Aeroflot has signed a memorandum of intent to lease four A3lO-300 wide-body jets from Airbus Industrie, a senior Aeroflot official said last week. Igor Desyatnichenko, Aeroflot's head of economic planning, said the planes would be leased for
          Reuter  -  66 words
        • Article, Illustration
          Lock icon A little helping hand
          39 46 Reuter (BARCELONA, Spain] Antique car enthusiast Mariel Maluquer of Spain pulling on the wheels of a 1909 Lefevre to get a little extra mileage during the 38th International Barcelona to Sitges antique car rally. —Reuter
          Reuter  -  39 words
        • Article
          Lock icon Mitsubishi stops Mighty Max sales in US
          71 46 Reuter (TOKYO] Mitsubishi Motors Corp will stop selling its Japanese-made one-tonne pickup trucks in the US, mainly due to the strong yen, a spokesman sakl yesterday. It will stop selling Mighty Max pickups after it sells out its US inventory. It planned to
          Reuter  -  71 words
        • Article
          Lock icon Unions resolve dispute with Air France
          90 46 Reuter [PARIS] Two pilots'unions at Air France have settled a long dispute over working conditions which will boost their members'productivity at the state airline by a third, union officials said on Saturday. A spokeswoman for the SNPL union said it and the smaller SPAC
          Reuter  -  90 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1330 46 OTY FUOfT ETA FU6HT ETP SwwyMiWC fflj4 0920 MMMt om 1930 0T82 2050 HaM VN745 1105 VN744 1405 »OI_W0 j_ VN741 1310 VK740 MX) Am Ml Mi 6A897 IMS RLM4 0110 IMtYli ***** 2120 TG408 0820 S03Z7 639 K1838 2335 MM95 2255 M896 1920 Ho CM
        1,330 words
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      Page 31 Advertisements Column 1
      12 31 Mitsubishi in for tough fight Recreational vehicle market more competitive. Page 2
      12 words
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      Page 31 Advertisements Column 2
      286 31 S Korea enters Japan car market Ssangyong Motor launches Musso. Back Page |*|Ppk effect -Swary 1996. ?flHf OVERSEAS CI Yearbook now available Happenings The 19MCS0nUln«risati0Blii- unurvnur c tarnation*! Yearbook, com I 3 prising over 800 pages of on Instftutt Tim* Claus- L, ~,r *T? ts-Hull on Mar 21. Call maritime
      286 words
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      1106 32 EMMMBJBBBBS* -j -J I *£<""' ?wwSS!lSlMn!!!IS!!wl!il ISS? 5% I !!fl 1"Z I SslUS*! '"ss" "§2* UST fill "fs~ ssssr 7s:s:ssasssssss ss s: ss 55 I aas— sag as as laaiwra [m tyn ii/mlb/mlm/mlm/mlm/mlb/mlm/mI m/m [gg mm MIMM """M mmmmmwmu■ a ummm i a/m-h/m ■mmmmq WIMH »omciu.{MMMlMl/MMIM. !S»umiii 5LE75 BUnST omkhhmimrmum
      1,106 words
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      Page 32 Advertisements Column 2
      283 32 Unee services represented by Members at the Regieky <* Accredited Shipping Agents, S"pors National Shipping Assoc CALL US... t 1 Wmr XANYWHERE, ANYTIME. In the demanding world of marine lubricator, the efficient servicing of more than 550 ports in over 70 customers'veseelsremens one of the countns,Castrol continue to provide prime
      283 words
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      Page 32 Advertisements Column 3
      4 32 Singepore Freight Forwarder* Association.
      4 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1086 33 MQFK SOUTH WIST EXPRESS (DtRKD I** m lawm law no |m|m|wii|oi|iiyc|« 1 wni 1 woo la* [OBim/B 13/03 13/03 04/03 01/04 03/04 4/04 04/04 04/04 05/04 05/14 05/04 jwrog* I«g |iy« m/m gg os/oo mm n\m nfo !W~ ~»ssr l^iT yf" l |MM 12S/P 27/03 10/03 11/04 14/04 14/04 17/04
      1,086 words
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      Page 33 Advertisements Column 2
      1850 33 ©HANJIN SHIPPING I USA I CANADA* F-AW IwIMiI«>IwI IW I <n I WT |w»|w |w |tc |m m |m|m|m|<g |o« j m "N"—»N» gg M/M I 04/M~ o*/M Ot/M Ot/M t7/H I M/»4 07/ M «/»4 QQ/M 00/ M |M/M W/M W/04 04/04 M/M 17/ M fl/S U/M n —mmtarn
      1,850 words
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      Page 33 Advertisements Column 3
      326 33 J |\1 B |Til Bi a Fill 11]■ EXPORT 3 x Japan •2 x Hongkong -1 x Manila -1 x Kooshiung, Koakmg (Accopling FCL to MCK/NAHA/SENDAI/CEKI/lOf >mm w m pw Ml Wlwt w» mo m m it# i*x **6 **a u*t > ftgwr wp "4r 1 t»r aw lis*l \m
      326 words
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      Page 34 Advertisements Column 1
      701 34 J fIH mh| V k B l»l *j M| §yj I.™ —J J I j 111 111 I 3 k I rasa vot hmi ram ant uu sum rnum sm m mo no sn ioh nig snmmrtxwss ~~MffTliS itft Tift 575 ii7T~ ITT li7T ~W IST 1173 am 3<ff» uft
      701 words
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      Page 34 Advertisements Column 2
      964 34 II NOR ASIA I vov Ism alo las bcl va^har^bh^ro^ah^fh^uE* I ySHSJ® SJt 3 135 MM MM KM MM MM MM 11M "1 I £"CZ£ '12 52 !!2 IS 14 WM IAM IMM MM IM4 IAM I 2 2S 214 2M4 2M« 2M4 I aM t2M nm 2*04 27M IM4
      964 words
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      Page 34 Advertisements Column 3
      601 34 i— Ii 1 JAPAN/HONQKONQ/STRAITS REGULAR SERVICE LOADING FOR PORT KLANG/PENANG VOY STORf PBUOANG PKO Hmnomih «A 1 Hi gg 3 wrr mm WMBrriHBID I NIPT 14 MM n FAMATTWIOT 11 MUM 14 MM J AMAVBTTURt »1 11 MAW 1 1 «WIIO<HIM*IW U I 17 MM It MM murnhayu a 21MM
      601 words
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      Page 35 Advertisements Column 1
      1040 35 pBT STRAITS SHIPPING PTE LTD ■MB Mi 10 Mm Cfclaaf Howl *11-01 Keppal Towers ImKLMK Siß|»p«f« 0200 Tal: *****00 Fax: *****17 IK»]:^a:iiuWBigWBIBiBffIfBHHSHBHB WBW quwea pacific mre r MNGATOAE /gH&p (A SERVICE OF CHINA NAVIGATION CO) CAfIAKA JNM-32 VMMC fcFWUMg LaMa. tiHUni >»wt. '.'UI miwuMimTßTTiririHini STRAITSHOPI VMMC M Part UMMm k
      1,040 words
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      Page 35 Advertisements Column 2
      1660 35 IHH RftO rrnitainw ~j First Class Connections WORLDWIDE Tel: 7517 CR Number **********0 M I*?? 1 I w*» VOY W9H KM SOU ANT WOT HAM OOT MM LBH REGMA MAERSK 9802 11/03 12/03 IVO3 01/04 03AM 00AM *W 2*« OOT NOT MAM MC SOU LSI ALA MD *MN t« fm
      1,660 words
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      Page 35 Advertisements Column 3
      339 35 x WIWW JLJg-JL -9 Jfi MA KM Ml BMQSI MB MM Ml 1 SB It i£!SJ4S. JML JLE. Jhß VM Ml »M MM vm VM JMHfIMBL JMLJjfIL JKB JZJIA M JUL JUL JUL JUL .Mi JBA. wa mmvyma 17/g iiy nm r\wn an mm w ayw iv* wwt m w
      339 words
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      Page 36 Advertisements Column 1
      1152 36 eUROPEAHWmiOimVIA/FlHlAWDMUgSl^^^^^^^^^^^l MP ROM AMW HM TOP LH¥ LHV TOP ROM ANW HM PKL SGP |l E. IMBNT RW-022 11/3 5/4 M 7M M 1M E. 6UIOE RE-071 11/2 21/2 2M 22/2 23/2 1«/3 IRACERRW-OM 23/3 12/4 13/4 14/4 11/4 17/4 E. GIFTED RE-M3 25/2 21/2 27/2 2M 1/3 2M 27/3
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      Page 36 Advertisements Column 2
      915 36 VKSII VOTAOI SOf DM AM MM MM IWT Ml VtSSfl VOTAGI DM AM MM MN SOP I IEUN 03V7<00M »/W JO/03 31 AO OVW OVM UM CHAtI 030f420f 0 '03 0?/03 OVO3 #4/03 IS/03 I UWCONCEIT mm* 71/W 31/03 01/04 02/D4 03/04 OVD4 04/04 YtUM *****0 X 07/03 OM3 WW
      915 words
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      Page 36 Advertisements Column 3
      663 36 m S^^^^3«EDwssEAs3«csnsFTeUD™ TEL: *****33 (12 LINES) FAX; *****18/22*3303 TELEX: RS ***** RISMP P UnM) CR NO: **********0E m ETHIOPIA* SHfPPMS LINES Y Oiwtkm* LMes of Ethiopia) ACCEPTING FCL AND CONVENTIONAL 5555 voy BtT Loading for 7" Spor» Abyot 43W8 IM4 NrtMnrt 42W8 20/06 Momb*. ppbou# Awfellwim H WEN HUMS LINE
      663 words
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      Page 37 Advertisements Column 1
      1563 37 INSECT SAUWS TO HAIFA -14 DAYS Ktf YORK-28 BAYS T Uft/t—Uaf: Afitf Dtfi Ountl— Cutilitr 4/M713 JOHOHI OFFICI COt TAR SHIPPING PTE LTD fu:lt—nl):miHS C&atiliir 4tttHl/U3/»4l/tS7 Citltlttr in A/l 4715M7 Cinxl/iu/ 4ZtS74t COSTAR AGENCIES/Ml SDN BHD lIIHIH W„II7U Wutsuscotmr wouhtm tm/tt JjlSl,» CUM*: ***** f M#M fwttUm »„UMk lr( D«,:tM7s»
      1,563 words
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      Page 37 Advertisements Column 2
      624 37 BKAPAL KRIS Shipping Pte Ltd 708 DUXTON ROAD, S'POftE *****9 Tel: *****76 Fox: *****77 CR NO. **********0G SYARIKAT PERKAPALAN KRIS SENDIRIAN BERHAD 309-609 BUXX A GIOMAC BUSINESS CENTRE, 10 JAUN SS 6/1, KELANA IKIk, P.O. BOX 8428 ***** PHAUNG JAY/C SHANGOH TEL *****77/78/79 FAX: *****07 TELEX: MA ***** REGULAR CONTAINER
      624 words
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      Page 37 Advertisements Column 3
      481 37 I FAMOUS CONTAINER LINES jlfe 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) I DAILY SAILING TO HONG4KONG r ATTRACTIVE RATES! i CALL FAMOUS FREIGHT FOR BOOKING SYLVIA KANG IVY I *****33 I P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH:
      481 words
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      Page 41 Advertisements Column 1
      657 41 M> MYANMA \BBBk FIVE STAR UNE (MyoMMr National Li««) 1 Loorfiag for Yaagoa (Roagooa) vtssa vor sin m m nii MAMAMYM 7TH MPT PATMBM IMW 15/03 MALAYSIA AGCMTS: MXRTUO SMPPW6 AGOKKS KUL m OJ-OJ-7417J00 PKL TH. Oi-OS-S/MIOI rot m 01-04-N***** P6O; TH 02-07-*****31/4 BANK LINE (A «Mko ol MoT Wok
      657 words
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      Page 41 Advertisements Column 2
      1089 41 ADVANCE CONTAINER LINES (PTE) LTD AOl 140 CocM StrMt #12-00, PIL Building. *****0 V-* LeZ TEL: *****21, FAX: *****19, TELEX RS ***** ACLPL Cfl NO. **********0E BANOMML JAJUUKTA «s»in»ft/w«»>i wr ait bkk aw <n» vor sw jkt m WCTAW«IA KTAQQ9 13/03 VMri 16/03 Sa 20/03 Wri lOH 933 IVO3 VXri
      1,089 words
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      Page 41 Advertisements Column 3
      866 41 **********0Z VtSatLS VOY~ OAMCTTA IE HOWE HAMBURG THAMBBPOWT ROTTB«AM ANTWERP. VILLE OS LYRA YIM/ 13/03 24/03 02/04 (Q/04 OMM ON4 OMM WUIDEVBA VI3W 2MB 31/03 OMM IQAM 12/04 IMM IMM L \ALLE DC CAPELLA TI4W 27AX3 08/04 16/04 17/04 19/04 20AM 22/04 WU£O6UBA LI4W I 02AM 15/04 BR 24/04 28/04
      866 words
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      Page 42 Advertisements Column 1
      994 42 ■*****551 1 vessel voy 5n jkt i VESSEL vov «W PEN EAGLE TIDE* lIS Tu. lln W St 14AO BHATRA BHUM 6847 T» TH. I IVW KK -^r- -r—B.MAS QUA SO4S Th, iw s< iwa St IS/03 B !ZT BHATRA BHUM *M» Su*_ 17/03 Tu. ISAO M St 16/03 B.MAS
      994 words
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      Page 42 Advertisements Column 2
      830 42 11 DUXTON HILL, SINGAPORE 0*9395 CR **********0N swmts shuttu sawct PORT KLANG PENANG wa vot m na vtssa wr m samaa wmm nwi sm *#io q*/03<b m/ow HQBCUW Wis M/BHB W/03SAI BU6OBIBBK W P>mWl ~W/«Sg sauwa m iimsum 11/03 mm urn ton w/t3« wusum ■awns too ii/Q3 mm 13/13 «H)
      830 words
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      Page 43 Advertisements Column 1
      702 43 SINO IXPRISS SHIPPING (PTI) LTD. A M M I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. V TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX 31NOTRANSSHANGHAI (CONTAINER SERVICE) Slii/HKtt/»MAI SPORE HKQ SHAJ VESSEL VOV ETA I ETP ETA I ETP ETA I ETP ChWQYMQ 9606/9606 08/03 09/03 IVO3
      702 words
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      Page 43 Advertisements Column 2
      375 43 Ijtta MM CONTAINER LINES, INC I RTTTfS AflWrts: MAC-NELS SPORE: *****22 (24 LINES) kucSnq: <082) *****3 I" (V/ $00: (ot4) ***** V MAMLA: (132) *****81 W FeWMfcWWW BANGKOK: <862) *****57 SURABAYA] (31)*****0 P. WLANO: (03) *****77 JlCfc (21)*****07 MDOt (81)*****3 BANDUNG; (22) *****66 Lowest RATES to:HAM B/FXT/R' DAM mv "HANJIN
      375 words
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      Page 43 Advertisements Column 3
      20 43 EXPRESS (S) PTE LTD WEEKLY SAILING TO MUARA ETD EU 07/03 10/03 12/03 15/03 17/03 20/03 PLEASE CALL: 276 7996
      20 words
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      Page 43 Advertisements Column 4
      215 43 <» m ATTRACTIVE §E FCL/LCL RATES TOgE Indian Sub-Continent Parts C J MADRAS BOMBAY rjs CALCUTTA COLOMBO i CHITTAGONG 3; NHAVA SHEVA 5; 1? i-JS lr tiE 1; WENDER 4; CONTAINER LINES ENQUIRIES PLS CALL TEL: *****44 1 «ft Astro Shipping PttLtyj WEEKLY CONSOLIDATION SERVIC^i r^«^7»sisr?a^^ I TEL 220-6045 (I?
      215 words
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      Page 44 Advertisements Column 1
      493 44 SHIPPINGTIMES BUSINESSCENTRE ADVERTISING THAT DELIVERS YOUR BUSINESS FACTS THROUGH THE FAX JUST CALL 740-6000 I i r.UIM g .T/m I f.T 1 jM Document Cod* I ft 1 11 KAn kl 8007 aggreko the shipping -7T Aggrako Is the reputable name that stands out in the field of deck industry
      493 words
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      Page 44 Advertisements Column 2
      283 44 r j TEAMWORK is when everyone I A- J A takes responsibility and diligentiy Document Cod* '—Ht'cicrr 9oal. A quality which has been 8002 The Total Transportation People The Total embraced by all at Visa Freight Transportation £i' B these past ten years. Put your People transportation needs our hands
      283 words
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      118 45 IBCINO: R Thundorttorm Temporoturo c A V Showor Woothor Wind dfrocfton wnh *p«od in knot* *Of» Cloudy Sky Wovo hoight Soria* aro Mkotad by arrow* wtadi fly »Mi tlio triad 0 Ono fui cirdo roprooon* cotm or Rght and vonabia wind* I— Ono half ftoche 5 knot* Ono M ftocha
      118 words
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