The Business Times, 15 March 1996
1996-03-15
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The Business Times
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Title Section13 1996-03-15 1 THE BUSINESS TIMES MITA (P) 04(V12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE FRIDAY, MARCH 15,1996 85*13 words
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Article68 1996-03-15 1 D amSB (+28.85) PI BTOOMP U 2223LT4(+33.10) PI bt-mga U IMMLSI (+26.88) gj M4BKET MOOD: afTWMMAngT INDICES Thursday Changp KLSE COUP 1109.00 +24.17 NIKKEI *****.66. +188.96 HANG SENG *****.71 +202.27 SET INDEX *****8 +16.19 JAKARTA COMP 5GB.91 +9.78 MANILA COMP *****1 +1171 TAIPEI WPI 4851.65 +100.67 SEOUL COMP68 words
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Article71 1996-03-15 1 EXCHANGE BATES USS S) USI 1.407 I 1.584. .2.145 DM 0.680. 0.966 ¥100 0.949 1.336 ._0J»3... 0.564 HKI 0.129. .0.182 BAHT 0.040 .0.06* RUPIAH100 0.04*. .0.000 PUME BATES SINGAPORE* .144 KLALA LUMPUR. 8.15 JAKARTA 18.00 BANGKOK 1175 MANILA -.14.50 HON8KGNO A75 TAIPEI AM SYDNEY 10.75 TOKYO AM SEOUL 110071 words
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Article, Illustration588 1996-03-15 1 Quak Hiang Whai - Shaw Bros says it may make connter bid after rejecting SCMP's offer Prom Quak Hiang Whai in Hongkong WHAT seemed a friendly HKSI.IS billion (Ss2o9 million) takeover bid for TVE Holdings has turned into an outright tussle between media giants588 words
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285 1996-03-15 1 Reuter [SHANGHAI] Two dealers in the Bank of China took bribes and racked up losses of US$l75 million (***** million) in illegal foreign exchange trades that went wrong, the Shanghai Securities News reported yesterday. The newspaper said theReuter - 285 words
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292 1996-03-15 1 Ho Kay Tat - From\ Ho Kay Tat in Kuala Lumpur MALAYSIA'S Sapura Holdings Sdn Bhd and Singapore Technologies Ltd are to acquire a 20 per cent stake each in a small Philippine telecom firm. A Sapura executive told Business. Times the investment in TNRI, which292 words
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Article, Illustration401 1996-03-15 1 Catherine Ong - By l Catherine Ong [SINGAPORE] The magnificent mahogany staircase worth a million dollars alone looms like a stairway to heaven. And the walls and floors are lined with more marble than the Sistine Chapel. Or so it would seem to landlubbers who can only affordCHRIS LOH - 401 words
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Article161 1996-03-15 1 [SINGAPORE] Confidence seeped slowly back into regional equity markets yesterday on news that the ChinaTaiwan situation might reach a peaceful resolution. Also aiding sentiment was a relatively calm Wall Street overnight, where although the Dow dropped 15.17 to 5,568.72, the broader market hrmed. This stability was provided161 words
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Page 1 Advertisements
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Advertisement127 1996-03-15 1 XHSZDE Ju i i I VkYhHI I righting Singapore advertising executives lament industry's reluctance to change, Pj4 MBWBfIHOB oCL«mriapjnp47%,pg 19. Figures likely to make parallel importers of Mercedes cars green with envy. Sl%pgl9. Analysts get it close, which explains the counter's relatively low price volatility. DBSUaiwatoßtai 20. After a surge127 words
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Advertisement15 1996-03-15 1 Reports on Pg 19 EARNINGS NET (Sm) GROWTH C4C SslB2 +47% M Credit 5544.3 +54%15 words
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Advertisement229 1996-03-15 1 50,000 visitors expected at boat show, Pg3 Timeless values. Geneva enamel Duplex escapement movement V J £>> llbery of London. These two exquisite watches, The Rolex Day-Date in the shape of peaches, are V is appreciated for more called «For China». than just the twenty-five The craftsmen of Geneva were229 words
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SINGAPORE AT HOME & ABROAD
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IN Brief
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118 1996-03-15 2 RETURNS on the government's investments have averaged well over 5 par cent In Singapore dollar terms over the last 10 years, Finance Minister Richard Hu said yesterday. The assets are managed by the Government of Singapore Investment Corporation which handles the external investments, and118 words
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Article48 1996-03-15 2 FOLLOWING the latest FY96 tax changes, the number of taxpayers will drop from 444,000 for YA9S to 417,000 for YA9B, Dr Hu said yesterday. But with continued economic growth and rising incomes, more individuals will return to the tax net, he said.48 words
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Article126 1996-03-15 2 MINISTER for Trade and Industry Yeo Cheow Tong said current tensions between China and Taiwan should not adversely affect Singapore's investments in the Suzhou Industrial Park (SIP). But if tensions mount, it would not only be Singapore's investment in SIP that would be affected, but126 words
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Article67 1996-03-15 2 MR YIO also said that tenders have been called by the on a desalination plant in Singapore. Consultants have been asked to select suitable sites, recommend processes as well as provide cost estimates for the project The report is expected to be ready in 1997. Based67 words
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139 1996-03-15 2 IN RESPONSE to concern on the impact of rising prices of industrial land on business costs, Mr Yeo said the government's current stock 0f7,250ha of industrial land would be Increased by 42 per cent to 10,300 ha by the year 2010. Most of139 words
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Article56 1996-03-15 2 Diana Oon - Compiled by Diana Oon MINISTER of Stats fer Trade and Industry Goh Chee Wee said yesterday thas the Skills Development Fund would be extended to workers outside the employment net. This means that contract workers, retrenched workers and those seeking to enter the56 words
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Article, Illustration778 1996-03-15 2 Anna Teo - Df PARLIAMENT Tariff increases have nothing to do with SP's privatisation, says Cheow Tong By Anna Teo ELECTRICITY tariffs, after they have been raised, will be capped at a rate lower than inflation, as measured by the consumer price index' (CPI),778 words
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Article, Illustration260 1996-03-15 2 Genevieve Cua - EYE OM THE ECONOMY Manufacturina By 1 Genevieve Cua INDUSTRIAL output surged nearly 26 per cent in January, with almost all major industries posting double-digit growth. The Economic Development Board said the growth was due to strong external demand in export-oriented industries and a lowerSource: UBS - 260 words
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311 1996-03-15 2 Ang Wan May - Tour agencies report huge drop in March bookings but Israel tours still popular By. Ang Wan May SINGAPOREANS are avoiding Taiwan as a destination this school holiday but are less risk-averse when it conies to Israel. A check on travel agencies here shows311 words
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488 1996-03-15 3 Vikram Khanna - High-welfare not for S'pore as a recession will drain reserves in just 5 years, he says By' Vikram Khanna SINGAPORE needs to avoid the high-spending, low saving, high-welfare and low-invest-ment syndrome if it is not to be a slow-growing developed488 words
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Article150 1996-03-15 3 THE National University of Singapore and Nanyang Technological University yesterday announced a 5 per cent increase in tuition fees for the 1996-97 academic year. Fees for non-laboratory based courses will rise $200 to $4,300; laboratory-based courses, up $250 to $5,400; and medical and dental fees,150 words
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Article, Illustration479 1996-03-15 3 Ang Wan May - Exhibits range from USs4om luxury yachts to 5530,000 powerboats By. Ang Wan May RICH Asians are expected to turn up in droves to view the generation's next status symbol powerboats and luxury yachts at Boat Asia '96, the Asia-Pacific's premier marine leisureCHRIS LOH - 479 words
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Page 2 Advertisements
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Advertisement242 1996-03-15 2 r For expertise in water recycling and water treatment ®Hitachi Plant E>tJbt<>hed since 1929 Tel: 222 0665 Fax: 224 8358 L J You may haw been unebte to gat your Burtnaaa Tlmee. Strata Tlmee, Sunday Tlmee, UanHa Zaotao and otfiar daly newapaparo tram your uaual nawaatand beceuae of the frilidi242 words
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Advertisement187 1996-03-15 2 OUB SECURITIES PTE LTD fm*gA (A wholly-owned subsidiary of Overseas Union Bank) RESEARCH ANALYST Reporting to the Research Director, candidate win prepare in-depth corporate analysis of companies listed on the Stock Exchange of Singapore and the Kuala Lumpur Stock Exchange as well as monitor and review economic, financial and political187 words
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Advertisement206 1996-03-15 2 Top generals downplay war games in strait, Pg 6 US gives USsloom boost to war against terrorists, Pg 13 </> WITH A DIFFERENCE We actually measured our rooms Q and discovered that ours ore 0 probably one of the most spobous youl get of S5/J5 nett! to moke it on206 words
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Page 3 Advertisements
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Advertisement25 1996-03-15 3 Malayan Motors XolliuisC (Lik \\>l limo lo pi\>w. I V n _lii mL'jjjj- r,> v V* rv-N 1 v v mm* L jj| |h- f25 words
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FOCUS: ADVERTISING & MARKETING
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Article, Illustration641 1996-03-15 4 Chan Siew Ling - Advertising executives lament the industry's reluctance to change By Chan Siew Ling [SINGAPORE] THE advertising industry, whose entire existence is based on creating imagery, has conjured one up for itself. It believes itself to be at the cutting edge of creativity and yet, if it does not act641 words
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478 1996-03-15 4 Agnes Wee - Exhibition firm has 5 subsidiaries, 3 associate firms By. Agnes Wee [SINGAPORE) Cityneon International, formed 37 years ago. has grown from a neon-sign-board maker to become a major player in the design and fabrication of exhibition stands and exhibits. The company is now478 words
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Article253 1996-03-15 4 Duration Title Venue Organiser MarlHS Asian-Pacific Congress Westtn Stamford fiardbwr-CaMwl on Vascular Disease IWestinPtaza Communitatkm Prevention Tet<44)142S-618-507 (UK) Mar 17-22 The Institute of Brewing Shangri-La The Institute of (Asia Pacific Section) Hotel S'pore Brewing (Asia 24th Convention Pacific Section) (wth exhibition) c/o Conference ExMbMon NMpMrtSw Tet 278-8666 MarlB-21253 words
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Page 4 Advertisements
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Advertisement243 1996-03-15 4 HOUSING LOAN RATES* FROM 1990 TO 1995 CREOTTPOSB mmmmm CUM'LIIIUW /v-vy s" I r~' A-i t I 1 1/ H 5 iiiiiiiiiiiii i i i i i i i i i i i i YEAR Credit POSB provides loans for property Occupation Permit is issued. purchases particularly for private property243 words
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Advertisement80 1996-03-15 4 t M^g- t iSf (k '«oon: g OBSUnd: B "< at what m Look to liLjkSfi Singapore I Price? und amentals (IBslil telecom: I n ot fireworks PMEiHr/ Bra ced for H I m I I I jQ 1 ou, wo ""< ,7 h 1,1 fl e ab,e ..v., -v80 words
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SOUTH-EAST ASIA
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NOTE Book
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54 1996-03-15 5 Reuter (JAKARTA] Indonesia is set to begin the process of developing its giant Natuna gas field in the South China Sea at a cost of US$4O billion (SISB million), Research and Technology Minister Jusuf Habibie said yesterday. Natuna is targeted to be operationalReuter - 54 words
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50 1996-03-15 5 Bernama [KUALA LUMPUR} An amendment to the Companies Act aimed at easier access to Malaysia's capital markets for public companies, would be tabled at the forthcoming parliamentary session, said an official. Included are amendments on unit trusts and methods for paperless transactions, he said. —BernamaBernama - 50 words
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Article39 1996-03-15 5 Reuter (JAKARTA] Shops and offices reopened in the remote town of Timika in Indonesia's Irian Jaya yesterday after two days of rioting, but residents said nearby copper and gold mining operations were hit by absences,—itaittrReuter - 39 words
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Article38 1996-03-15 5 Bernama (KUALA LUMPUR} The first report was released yesterday by the Bakun Board of Review which said that the design of the hydro-electric dam was safe. However, it has recommended further safety measures.—BernamaBernama - 38 words
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294 1996-03-15 5 Loh Hui Yin - BANGKOK Package aims to promote Bangkok as regional gateway By Loh Hui Yin THAILAND has mapped out a new incentive package to promote Bangkok as a regional business centre for foreign companies. Unlike its regional rivals, for example Singapore, which use a combination of294 words
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85 1996-03-15 5 ■JAKARTA AFP THE Indonesian military has broken decades of a semblance of political neutrality by openly giving its full support to the ruling Golkar party, a year ahead of the country's general elections. "Abri (the Indonesian armed forces) members are forbidden from half-heartedly supporting Golkar,"AFP - 85 words
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Article341 1996-03-15 5 SEOUL Korean chaebol considering setting up wafer fabrication plant in country MBT SAMSUNG, the sixth largest semiconductor manufacturer in the world, has elevated Malaysia to the top of its list of prospective sites for its second wafer fabrication plant, according to the chaebol's officialsMBT - 341 words
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288 1996-03-15 5 HANOI AFP THE governor of the State Bank of Vietnam told National Assembly members that the banking industry plagued by problems of fraud and bad debts, according to a press report here yesterday. Governor Cao Si Kiem, who addressed a session of the NationalAFP - 288 words
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125 1996-03-15 5 KUALA LUMPUR AFP MALAYSIA has saved Ms 73 billion (5540.3 billion) in development spending through privatising 152 enterprises and projects, Deputy Finance Minister Afflfuddin Omar said yesterday. Out of the total, 100 involved the taking over of government functions by the private sector, whileAFP - 125 words
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Page 5 Advertisements
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Advertisement109 1996-03-15 5 WEST FOOTSCRAY ENGINEERING WFE Business for sale Offers are invited to purchase as a going concern the business and assets of West Footscray Engineering Pty Limited, ACN 004 183 859 ("WFE").' WFE is a leading manufacturer of engineered, forged and fabricated metal components in Australia. It has large, well established109 words
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Advertisement12 1996-03-15 5 I 9 IMppgJp^. *W£^•'' 'Wffrj. <^»- t *vq?c ci il *&r V I12 words
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FOCUS: CHINA-TAIWAN TENSIONS
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377 1996-03-15 6 BEIJING China won't invade any other country or join arms race, says military commission vice-chairman Reuter, AFP CHINA'S top generals sent out peace signals to the international community yesterday while their warships and fighters manoeuvred in livefire war games intended to cow TaiwanReuter,; AFP - 377 words
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250 1996-03-15 6 WASHINGTON Reuter THE US is deploying three nu-clear-powered attack submarines to help monitor Chinese war games in the Taiwan Strait, the US Navy's Pacific Fleet said yesterday. In its most detailed breakdown yet of the US deployment, the Pearl Harbour, Ha-waii-basedReuter - 250 words
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268 1996-03-15 6 TAIPEI AFP THE authorities are probing foreign banks here suspected of illegally helping local residents squirrel away money abroad, worsening Taiwan's capital flight during its current crisis with China. The Commercial Times yesterday said investigators had amassed evidence that some foreign banks hadAFP - 268 words
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Article, Illustration31 1996-03-15 6 [TAIPEI] Pupils at an elementary school here covering their eyes in the school basement during an air raid drill yesterday. Many schools are holding such drills. AFPAFP - 31 words
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392 1996-03-15 6 Anthony Rowley - TOKYO US envoy in Japan says US committed to keeping sea lanes in East Asia clear By, Anthony Rowley THE US Ambassador to Japan, Walter Mondale, yesterday warned China that its economic progress and access to foreign investment could be damaged if392 words
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258 1996-03-15 6 WASHINGTON Reuter A CONGRESSIONAL warning to China over its sabre-rat-tling in the Taiwan Strait, aimed at removing any ambiguity about US support for Taiwan, advanced in the House of Representatives on Wednesday. A resolution adopted unanimously by a House International Relations subcommitteeReuter - 258 words
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Article181 1996-03-15 6 SHANGHAI Reuter A SENIOR official from the Chinese province closest to Taiwan said yesterday the interests of Taiwan traders and investors would be protected no matter what happens across the Strait. Asked about nervousness among thousands of Taiwan investors in China as relations between Beijing andReuter - 181 words
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Page 6 Advertisements
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Advertisement159 1996-03-15 6 Siemens CPPTIIP Irorrtiwß KIIYHADC VVI llV« NIADORF the multimedium High Performance German Computer PORSCHE DESIGN Trigon Leather Collection gL.High Quality German Mf .Jy fc WP Leather Collection Available Today Only at: COMPUTER STORE (ASIA) PTE LTD 1 Raffles Place OUB Centre. #04-01. Singapore *****6 Tel: *****22 Fax: *****37 W\ DRIVE159 words
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Advertisement141 1996-03-15 6 BUSINESS TIMES TOLL-FREE TEL. No. 1-300-741-1883 FAX: 741-1298 V4PVI BZW-Pacific Union is seeking to rccniit a PROPERTY ANALYST WW WtmM to join our team. Our basic requirements are A Tninimum of 2-3 years experience in research, preferably with exposure to the property sector; A strong academic background, with a relevant141 words
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Page 7 Advertisements
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Advertisement2813 1996-03-15 7 (Incorporated in the Republic of Singapore) BALANCE SHEETS AS AT 31 DECEMBER 1995 T1» Company Hw Group Th« Company The Group Not IWg ,W4 IWS Wo» 1996 1994 1995 1994 SHARE CAPITAL 000 S$ 8, 000 8, 000 SS 000 Ssooo STOOO STOOO Authorised 250.000.000 (1994: 50,000,000) RXED ASSETS 62,813 words
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Page 8 Advertisements
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Advertisement186 1996-03-15 8 t u J D ft»rl .viXarMX'gt r *SB iT -V rrJU. J!*fP" *;«V'.'> Km SSfeJr 'Jjg&tt X" ->-f iiiin liiiaiaMaiiiii" m f itrirniiiffiifci^iMr fcfe«- BLfc tw BL' m It has been said that the difference between the impossible and r i- the possible lies in a person's determination. If that's186 words
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CHINA – HONGKONG – TAIWAN
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312 1996-03-15 9 WASHINGTON Puna-Taiwan Cons not in his ig talks with Ifcinese counterpart Reuter TREASURY Secretary RobK Rubin on Wednesday deded the Clinton administion's controversial policy ■comprehensive engagement fith China, saying it had benHits for both countries, ft "(China) is going to be the afgestReuter - 312 words
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Article118 1996-03-15 9 HONGKONG Bloomberg Business News [HONGKONG] China offered to order US$4 billion (555.63 billion) worth of jets from Boeing Co and McDonnell Douglas Corp if the United States delayed sanctions in a dispute over China's protection of copyrights, the Asian Wall Street Journal reported, citingBloomberg Business News - 118 words
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Article, Illustration316 1996-03-15 9 Lu Ning - ISINGAPORE ft Lu Ning CHINA'S 1996 budget anEnced last week will have a tral effect on financial kets, says a J P Morgan rejteu*ch report. This is because despite govilrnment claims of a one per lent deficit reduction, the budget actually representsSource: JP Morgan - 316 words
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Article, Illustration59 1996-03-15 9 [BEIJING] Tourists to Beijing's Beihai Park, a former playground of Chinese emperors, looking at moored duck boats yesterday. The duck boats, made from fibreglass, arefor rental and they are most popular during the summer months. Beihai Park, built in the 12th Century, features artificial hills, pavilions, templesREUTER - 59 words
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166 1996-03-15 9 SINGAPORE MORE Americans see China as the most economically important country in the Pacific Rim to the United States in the years ahead, according to a recent poll. In the CNN/t/SA Today/Gallup Poll of 1,000 adults in the US, 57 per cent ranked166 words
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241 1996-03-15 9 BEIJING AFP LOSSES by China's staleowned firms rose 20.5 per cent last year, a minister said yesterday, acknowledging that moves to allow more inefficient enterprises to go bankrupt would proceed only lyState Economic and Trade Commission Minister Wang Zhongyu saidAFP - 241 words
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Advertisement26 1996-03-15 9 v t s m I 0 K if n r//w f/>//vV o/ < /ft>sZ.)ina/(Ofi i T T.-v.-v V ~TI C\ 1 L. L ricnncssy A.U Ihe Onainal26 words
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Page 10 Advertisements
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Advertisement432 1996-03-15 10 A Dialogue between Government and Business on the Future Direction of International Trade Singapore, April 24-25, 1996 presenting a distinguished group of speakers with: Keynote address by: Goh Chok Tong, Prime Minister, Singapore Renato Ruggiero, Director-General, WTO Jeffrey M. Lang, Deputy Trade Representative, United Sir Leon Brittan, Vice President, The432 words
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ASIA
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ASHIA Notes
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76 1996-03-15 11 Reuter [CANBERRA] Australian Treasurer Peter Costello has said a stronger Australian Securities Commission (ASC) would be at the centre of a revamp of the finance sector's regulatory regime, The Australian Financial Review newspaper said, quoting from an interview with Mr Costello. "Mr Costello was stronglyReuter - 76 words
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91 1996-03-15 11 AFP [TOKYO) Japan's private sector capital spending is forecast to rise 0.7 per cent from year-before levels in the year to March 1997, the government-affiliated Japan Development Bank said yesterday. In the year to March 1996, outlays are seen rising 5.7 per cent, accordingAFP - 91 words
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Article, Illustration91 1996-03-15 11 Reuter AFP [DHAKA] A Dhaka woman ferries her children on a rickshaw amid a "non-cooperation" campaign by major opposition parties. It is designed to force Prime Minister Begum Khaleda Zia to step down and allow elections supervised by a neutral caretaker government. It was further eased yesterdayReuter; AFP - 91 words
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356 1996-03-15 11 NEW DELHI Proposals worth USs39om expected toearnUSslb over next five years AFP, Reuter THE Indian government has cleared 82 foreign investment proposals including a bid by American Telephone and Telegraph Co to set up two subsidiaries here, finance ministry officials said yesterday. The totalAFP,; Reuter - 356 words
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206 1996-03-15 11 SYDNEY AFP MALAYSIAN Prime Minister Mahathir Mohamad, a prominent opponent of Australia's efforts to integrate with Asia, is to visit Australia for informal talks with new Prime Minister John Howard this month, it was announced yesterday. Mr Howard, whoseAFP - 206 words
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478 1996-03-15 11 TOKYO Japan's banks may have to rethink proposals for hoge write-offs of problem loans Reuter THE deadlock in Japan's parliament over the state budget makes it increasingly likely that banks will have to reconsider their plans for huge write-offs of problem loans this month,Reuter - 478 words
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293 1996-03-15 11 TOKYO AFX-Asia A COMBINATION of lower property prices and rising occupancy rates for commercial properties has prompted developers to launch new projects in the Tokyo market, analysts said. "Trading in properties which carry yields of about 6 per cent to 7 per cent hasAFX-Asia - 293 words
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Advertisement68 1996-03-15 11 T I ftjMk i i~ II I I II II H i II L V I -^H I I V I i■ i I I I I I H H B I I I I 581 ORCHARD ROAD #02-28 HILTON INTERNATIONAL SINGAPORE 380 ORCHARD ROAD *01-01 PALAIS RENAISSANCE SINGAPORE TEL:68 words
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Advertisement73 1996-03-15 12 v- %lv j •-(xiaiafer*''*£%s?"*a^^sSrarv-<. r^r3R*-:v*»-;?;v*? k *ctT- «vss^^s3s^*--*;•'fa&sGC >^5r5 jointly Organised by: Official Drink: Official Timer: Official Computer: Official Sportswear: Official Car: Official Nutritious Snack Food: lIRMH r IfwM W ZENITH H EESHE3B 1 jfcfc Singapore PLUg-" MICHES 0T GERMANY RftVWWB irCDIO. ,PB B 1 Crammed Full of Gombvu g^^|tg&73 words
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THE WORLD
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Article, Illustration709 1996-03-15 13 Kevin Sullivan - WORLD VIEW A shift In thinking, solidarity against violence and peace is made By Kevin Sullivan US President Bill Clinton is known for his resilience, and justifiably so. "You can focus on what didn't happen today but it will blind you to what has happened, which709 words
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Article, Illustration401 1996-03-15 13 JERUSALEM Reuter US PRESIDENT Bill Clinton committed US$lOO million (Ssl4o million) yesterday to an anti-terrorism pact with Israel to "track down and root out" Islamic militants. The US would begin immediately to provide Israel with equipment and training and step up intelligenceReuter; AFP - 401 words
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Article138 1996-03-15 13 NEW YORK NYT STEVE FORBES, the publishing magnate who had challenged the Republican establishment on Capitol Hill with his call for a radical restructuring of the tax system, yesterday dropped out of the race for the Republican presidential nomination. His decision came after heNYT - 138 words
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249 1996-03-15 13 PARIS Opposition directed at proposed transatlantic accord Reuter FRENCH President Jacques Chirac said yesterday he opposed the European Union entering new free trade agreements until a new world trade watchdog had proved its effectiveness and the European economy was stronger. Speaking at the 50thReuter - 249 words
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188 1996-03-15 13 CHICAGO Reuter FEDERAL Reserve Board governor Lawrence Lindsey said on Wednesday that an unemployment rate of close to 5.5 per cent would bear watching as a potential inflationary risk factor, but at the same time he did not indicate that the Fed should actReuter - 188 words
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286 1996-03-15 13 WASHINGTON Reuter LYING low and biding his time, Texas billionaire Ross Perot is quietly moving ahead with plans to register an independent political party in all 50 states in readiness for a possible new presidential bid. "Our presidential and vicepresidential candidatesReuter - 286 words
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288 1996-03-15 13 FRANKFURT Bloomberg Business News THE Bundesbank left German interest rates unchanged, while fresh signs of slowing growth and continued bond market volatility locked in sentiment that a reduction is imminent. The central bank left its floor discount rate at 3 per centBloomberg Business News - 288 words
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133 1996-03-15 13 WASHINGTON AFP US PRODUCER prices fell 0.2 per cent in February compared with January, the largest drop since June 1995, the Labour Department reported yesterday. But the core rate, which excludes food and energy prices, rose 0.1 per cent. Most analysts here hadAFP - 133 words
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Page 13 Advertisements
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Advertisement16 1996-03-15 13 ,v -^1 —i —|-~fr B ~i —k ii i i < tms&s X. 88 *jj V. FOS4OQ316 words
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EDITORIAL & OPINION
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Article, Illustration830 1996-03-15 14 Anthony Rowley - THE BOTTOM LIMB OPINION By Anthony Rowley The writer is BT's Tokyo correspondent THERE is one thing that Apec finance ministers can agree upon in principle when they meet in Kyoto this weekend, it is that a stable exchange rate between the US dollar830 words
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Article103 1996-03-15 14 The government is getting desperate and is actively buying to boost the index to make sure its efforts in the past are not wasted.' -Ala Let head of institutional sales at Yuanta Securities, on Taipei's index being supported by the NT$2OO billion (Sf 10.22 billion) government-backed stock103 words
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Article609 1996-03-15 14 EDITORIAL POR far too long have Asean and, indeed, Asian, countries been dependent on the Western media to project them not only to the rest of the world, but even to each other. The point has been made many times before. Now, at last, there609 words
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Article, Illustration1248 1996-03-15 14 Peter Norman - Germany's economy is in trouble but politicians may be tempted to sit back and avoid the tough measures needed By. Peter Norman HELMUT Kohl is an astute politician. But not even his most enthusiastic supporters would accuse the German chancellor of a knowledge of or interest in1,248 words
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Article420 1996-03-15 14 THE US has responded to China's threats against Taiwan by moving a naval battle group led by the aircraft carrier Independence closer to Taiwan. A second group, led by the Nimitz, has been ordered to the area from the Persian Gulf. These deployments are probably less420 words
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Page 14 Miscellaneous
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Miscellaneous12 1996-03-15 14 SDTOAPOREIMK eO <3 ERSnoTJ f c*«" 9 y |p 5 rxilca V12 words
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EXECUTIVE! LIFESTYLE
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Article, Illustration1083 1996-03-15 15 STEPHEN HOLDEN - The critically-acclaimed director of the trilogy died on Wednesday, stephemholdem pays tribute to the man who brought modern Poland to the screen STEPHEN HOLDEN NYT KRZYSZTOFKiesIowski, the Polish film director who achieved international acclaim with his hauntingly enigmatic trilogy, Three Colours, died on WednesdayNYT; REUTER - 1,083 words
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293 1996-03-15 15 CINEMA [HOLLYWOOD] Marriages in Hollywood are sometimes weird. And one of the weirder ones was announced on Wednesday when Miramax Films, which has released such arty movies as II Postino, and Restoration, said it was planning to make a drama with Sylvester Stallone. Stallone,293 words
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Article719 1996-03-15 16 David Gabriel - WINE By David Gabriel {SINGAPORE) In world terms, New Zealand is a small wine producer. Yet it has been making big waves recently. Its wines produced from the sauvignon blanc grape have excelled with perhaps Cloudy Bay being the most famous example. And last year, some world success719 words
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Article, Illustration739 1996-03-15 18 Christopher Tan - MOTORING Motorcycles have come a long way from being just a poor cousin of the much-desired car By* Christopher Tan [SINGAPORE] Let's face it, most bikers began riding because they were once economically challenged. We were poor, alright? The romance, excitement and the rebellion were secondary. And739 words
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Article, Illustration126 1996-03-15 18 [SINGAPORE] You're looking at two of the sexiest sports cars in recent times to make their debuts here. The Jaguar XKB is the British marque's first sports update in 21 years (not counting the XJ22O). It packs a four-litre V 8 and126 words
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Advertisement22 1996-03-15 15 'a TTT. hnfcpr 's I CELEBRATES Jk ISaint1 Saint 1 FOR 1 ST PATRICK'S BEER $6 ST PATRICK'S SHOTS J MIDORI SUBZERO22 words
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Advertisement59 1996-03-15 15 OFFERMANN HANDCRAFTED IN GERMANY CALF LEATHER WALLET SIX CREDIT CARD POCKETS. ID CARD COMPARTMENT. TWO SECRET POCKETS EOR SAFE DEPOSIT KEYS. NAME CARD HOLDER TWO CURRENCY NOTES COMPARTMENTS. COINS COMPARTMENT. OFFERMANN MADE IN GERMANY SINCE 1842 290 ORCHARD ROAD, 01-26 PARAGON BY SOGO, SINGAPORE 0923. TEL: 733 1700. 435 ORCHARD59 words
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Page 15 Miscellaneous
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Miscellaneous215 1996-03-15 15 THE WEATHER Singapore Showers over several areas in the afternoon. Temperature (32-23) AMmMo HVLo* Cond. Europe Hl/Lo* America Hl/Lo* Goad. Auckland 23/16 Showers Amsterdam 03/-1 Cloudy Atlanta 28/16 Cloudy Bangkok 37/26 Sunny Athens 1409 Cloudy Buenos Ares 30/18 Cloudy Mm 17/03 Cloudy Berlin 07/1 Rain Chicago 06/03 Rain Bombay 34/24215 words
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Miscellaneous62 1996-03-15 15 DOONESBURY By Gary Trudeau (LOOK K/H MIKB.I GREW UP IN AUJORLP ITS TRUE IP/PNT BXPSRJWX)AMFS&€*, Mm POMMATBP BY BOOM6RS. YOUR. FNCS THE NUCLEAR FAMILY, IVMT" W6U&SSS I I&XrAASKYOU- CULTUREUJAf?INESCAPABLE. ANP PISCO ANP "60s TV. FIRST- I I YOU'RE NOTUNCOM- lETTBRMAN GAVE MYA6BGROUP HANP, BUT BY THE TIMEIEI fS PORTABLEUJfTHOUR I62 words
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Page 16 Advertisements
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Advertisement866 1996-03-15 16 SG^MIgRSiRIMMM Authentic Shangiai Cuisine with Northern Southern Tim Sum. Aisoavaiatie I value for money vs€ H* l y SET LUNCH 2-3 person $22.00++ j 14-sperson $35.00++ 6-7 person $58.00++ 8 -10 person $118.00++ H at H2h pw mrring/btmL (ll—nJ ptkilMi i) for reservations, please call ***************. I. Ark Ktf #05-43/46866 words
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Advertisement67 1996-03-15 16 jjffii j' I*jjjgr -i A MHHB I is V HBHWHHBVVH m J J J >JIHHI Mm UJiUll He .H| PISH 4k SHRLRSH LUNCH BUFPII o^9 &JS&SU&S RSVOLVINO MStAURANT J*+f^*>%**>********* ttaorrfwwi iinwt.iityyw} Free Sizzling Beefsteak Every table of four or more patrons having our Taiwan Porridge Buffet enjoys a complimentary serving67 words
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Page 17 Advertisements
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Advertisement149 1996-03-15 17 Where to wine, dine and entertain KINTAMANI HNDONESIAN RESTAURANTHARI RAYA SPECIAL BUFFET Ist to 31st March 1996 Come and experience the culinary skills of Chefs Pak Bogiono and Pak Kaler in our Hari Raya Special Buffet featuring a variety of Indonesian favourites. Buffet Lunch Buffet Dinner 12.00pm 2.30pm 6.30pm 10.30pm149 words
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Advertisement154 1996-03-15 17 Our now oIJ (ukioned Italian rapreaw machine makes great coffae the way it 'ShouUa be made'. All rau have to Jo ia create some time to enjoy a cuppa during the business Jay. So wlietker you're a Managing Director; A GoJ a secretary or a Un counter expresso yourself over154 words
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Advertisement87 1996-03-15 17 A HAWKER qgl FEST Head down to where you can choose from an enticing selection of mouth-watering Asian hawker treats and BBQ delights at our weekend Hawker Fare buffet. $30 Adult $20 Child 6.30 pm to 10.30pm Available on Fridays to Sundays. eve and day of Public Holidays For reservations,87 words
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Advertisement109 1996-03-15 17 SINGAPORE BUSINESS In a class of its own, for those-with exguisite delicacies dSkk awaits you .J&mM M* LIU New Kirin Court Shark's Fn and Seafood Restaurant 20 Devonshire Rd (off Kilhrcy Rd) 101-01 Devonshire Budding. Singapore *****0 Td: *****88 r I Get Fresh With Us You can't get any fresher109 words
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Advertisement102 1996-03-15 17 ■IBDBMjfflfflß House Restaurant 3E River Valley Road #01-09/11 Claric Quay Singapore O Hotel Metid-Scotts HIGH FASHIOH AT HIGH TEAv > Join us every Saturday at the EL PATIO for that old-time tradition of afternoon high tea I accompanied with an entertaining fashion show. yTO Time: 2.00pm-5.00pm YM *A Price: $14.50+++(adult)102 words
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Page 17 Miscellaneous
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Miscellaneous825 1996-03-15 17 TVaRADIO H? Money. M one y M°r» ey 700 Good Morning Singapore. £30 Sinar Zaman. tvm Lifestyles. 9.00 Story from the East (Juve- 4.00 Baba dan Nyonya. II*1 J2 Ji^SSSE? 8 nile Drama). 430 Dwi Vista. ,?I P sSQOtyShow. *30 Casper the Ghost and lUO Reel Cartoons. J2 S° l825 words
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Miscellaneous180 1996-03-15 17 CRYPTIC CROSSWORD 1 Soldier tucked into old crone's 9 Defect in the hose firemen use (6) 14 It may be broken into minute 31 Note the appearance of upperclass people (6) 11 eg For example? (12) YE&Tn3tDAY*S 80LU110N DOWN 15 Employers requiring faultless 1 Remain on top, like a duvet180 words
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Page 18 Advertisements
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Advertisement292 1996-03-15 18 Growth towards a new centiuy any on the please contact the following V PRINTING MACHINERY, DIESEL GENERATOR, AIR-CONDITIONING SYSTEM, FORKUFT,^^^^^^^^^^^^ NEWSPAPER OFFSET PRESS, INJECTION MOLDING MACHINE MITSUBISHI HEAVY INDUSTRIES, LTD. 1 5-1, Manratthi 2-chome, Chiyoda-ku, Tokyo 100, JAPAN Phone: 81-3-3212-3111 HISHMU TOKYO M Telefax: 81-3-3212-9800 MOl GENERATOR MHI SOUTH EAST292 words
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Advertisement203 1996-03-15 18 THE BOOK OF A Guide To Naming Your Child By GOH KHENG YEW Sc GOH KHENG CHUAN The aim of this book is to help parents devisep meaningful and elegant Chinese name for ttiipr children. It helps you to have a better understanding of the uniqueness and beauty of Chinese203 words
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COMPANIES & MARKETS
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Article, Illustration473 1996-03-15 19 Christopher Tan - Performance far rosier than analysts' expectations of 29% increase By i Christopher Tan [SINGAPORE] MercedesBenz, Mera Terrace and MeraLodge were the three Ms that sent Cycle Carriage Ltd's earnings for the year ended Dec 31,1995 over the moon. Earnings shot up 47 per473 words
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157 1996-03-15 19 [SINGAPORE] Cycle Carriage Ltd group managing director Boon Yoon Chiang will be appointed deputy chairman on May 7. He will relinquish his current post, which will be filled by managing director of motor operations, Philip Eng. During his 13 years with the company, Mr157 words
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Article, Illustration723 1996-03-15 19 Catherine Ong - HOCK LOCK SIEW By Catherine Ong RICHARD LI has a problem most businessmen wouldn't mind having. His privately-owned Pacific Century Group (PCG) is so flush with cash and nearcash that he is hard put to And suitable outlets for them.723 words
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289 1996-03-15 19 Michelle Low - Company may start selling remaining units today By: Michelle Low (SINGAPORE) Cycle Carriage Ltd's condominium project Merawoods got the thumbs up from buyers yesterday 90 per cent of phase one's 181 units were booked at the soft launch, sources said. Given the289 words
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Article278 1996-03-15 19 Lee Han Shih - By Lee Han Shih [SINGAPORE] Malayan Credit Ltd (MCL) yesterday released a set of improved results which were well within market expectations and said profit this year should be even better. The property company notched up a 37 per cent rise in turnover278 words
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Article107 1996-03-15 19 Bloomberg Business News {KUALA LUMPUR] Malaysian stock owners have complained that the exchange's new computerised trading system sometimes gives them an incomplete record of their holdings, the Kuala Lumpur Stock Exchange (KLSE) said. The exchange said it and Malaysian Central Depository Sdn, which runs the computerBloomberg Business News - 107 words
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REGIONAL COMPANIES
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Article392 1996-03-15 20 Ven Sreenivasan - Analysts expect lower than expected earnings because of weak property sales W Ven Sreenivasan (SINGAPORE] Analysts expect DBS Land to unveil lower than expected earnings tomorrow for the 1995 financial year. Following the Urban Redevelopment Authority's data on residential property take-up rates, analysts now392 words
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Article280 1996-03-15 20 Ho Kay Tat - From Ho Kay Tat in Kuala Lumpur SARAWAK timber tycoon Tiong Hiew King is injecting M 5566 million (Ss3l3 million) worth of timber rights into his listed Vehicle Jaya Tiasa Holdings Bhd (JTH). The move will put the bulk ■of Mr Tiong's substantial timber concessions280 words
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336 1996-03-15 20 Ho Kay Tat - From\ Ho Kay Tat in Kuala Lumpur PERUSAHAAN Otomobil Nasional Bhd (Proton) managing director Nadzmi Mohd Salleh, one of the pioneers of the national car project, is leaving the company, sources said. Mr Nadzmi submitted his resignation letter to the Proton board recently336 words
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326 1996-03-15 20 Al Labita - From. Al Labita in Manila THE Philippines has allowed a subsidiary of Malaysia's car maker Proton to assemble luxury vehicles for the domestic and export markets, a government official told BT yesterday. Board of Investments (BOI) senior specialist Gerry Jocson said the go-ahead was326 words
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122 1996-03-15 20 [SINGAPORE] United Overseas Bank confirmed yesterday that it had made an offer for the issued shares of Hong-kong-listed Noble Group Ltd, but a spokesman declined to give further details. According to a Bloomberg Business News report yesterday, Noble said it had been approached122 words
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152 1996-03-15 20 [SINGAPORE] A subsidiary of mainboard-listed Nat Steel Ltd has been awarded a distributorship of wire rod billets which is expected to generate a turnover of US$l2O million (Ssl6B million) a year. Nat Steel Trade will be one of five distributors of Aco152 words
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COMPANY Briefs
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Article60 1996-03-15 20 [SINGAPORE] Singapore Telecom has lowered rates for its Telepac data communication service, effective this month. Monthly subscriptions have been cut by up to 22 per cent, and the volume charge for domestic calls has been dropped. The duration and volume charges for international calls have been60 words
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Article18 1996-03-15 20 [SINGAPORE] Flextech Holdings yesterday requested a suspension in trading of its shares pending an announcement.18 words
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27 1996-03-15 20 [SINGAPORE] York Pacific said that an extraordinary general meeting yesterday approved changing the company's name to Wassail Asia Pacific Ltd.27 words
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Article66 1996-03-15 20 [SINGAPORE] Neptune Orient Lines Ltd said yesterday there was an error in reporting its earnings per share for 1995. The correct earnings per $1 ordinary share on its existing share capital is 6.43 cents, and is 6.42 cents on a fully diluted basis. On Tuesday it66 words
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INTERNATIONAL COMPANIES
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448 1996-03-15 21 Network hopes to break into China market with three-way tie-op FT RUPERT Murdoch's loss-mak-ing Star TV network, in a new effort to break into China, is understood to be close to agreement with a Hongkongbased company with high-lev-el connections to the People'sFT - 448 words
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113 1996-03-15 21 Reuter [SYDNEY] Mulpha Australia Ltd said major shareholder Malaysia's Mulpha International Bhd plans to offer A 52.64 per Mulpha Australia share to buy the rest of the shares it does not already own. Mulpha International holds 76.11 per cent of its Australian offshoot. TheReuter - 113 words
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224 1996-03-15 21 SCMP [HONGKONG] An executive director at Bank of East Asia will get up to HK$22 million (Ss4 million) in his 1995 pay packet. The disclosure came in the bank's accounts for the 12 months to Dec 31. For the period, totalSCMP - 224 words
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Article, Illustration265 1996-03-15 21 Bloomberg Business News [BEIJING] Microsoft Corp predicted at least half the computers sold in China this year will contain the new simplified Chinese-language version of its Windows 95 software. "Business is very good and growing very fast," said Charles Stevens, vice-presi-dentBloomberg Business News; AFP - 265 words
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237 1996-03-15 21 Reuter [AUCKLAND] The split-up of New Zealand's Fletcher Challenge Ltd (FCL) into three separately listed divisions may have backfired yesterday, but analysts said benefits were likely to be seen over the long-term. > The Fletcher ordinary share has been split into the paper stock,Reuter - 237 words
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414 1996-03-15 22 It says it's planning small-scale acquisitions to fill gaps in US operation Reuter, Bloomberg Business News [BASLE] Swiss Bank Corp has posted the strongest 1995 profit advance of all the big three Swiss banks and played down problems at its SBCReuter,; Bloomberg Business News - 414 words
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Article392 1996-03-15 22 Reuter [NEW YORK] Lucent Technologies Inc's initial public offering (IPO) of 111 million shares is set to be the biggest ever IPO in the US but the market should have no trouble absorbing the deal with demand for new issues running high. Lucent, theReuter - 392 words
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Article, Illustration67 1996-03-15 22 [DUESSELDORF, Germany] Metro chairman Erwin Conradi (right) displaying somefiles with Asko chief executive Klasu Wiegand at a news conference yesterday after announcing the merger of Metro's German units. The new company, Metro Handels Holding AG, unites Asko Deutsche Kaufhaus AG and KaufhofHolding AG with Swiss-basedREUTER - 67 words
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177 1996-03-15 22 Bloomberg Business News [WASHINGTON] Travelers Group Inc will hold a US$BB5 million (551.23 billion) initial public offering as part of its plan to create the fourth-larg-est property and casualty insurer in the US. The new company, Travelers/Aetna Property Casualty Corp, filed with the Securities andBloomberg Business News - 177 words
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318 1996-03-15 22 US West executive testifies in trial to stop Time Warner, Turner merger Bloomberg Business News [WILMINGTON, Delaware] Time Warner Inc chairman Gerald Levin suggested that his company and US West Inc "sort out" their differences over Time Warner's proposed mergerBloomberg Business News - 318 words
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GLOBAL Briefs
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Article101 1996-03-15 22 Bloomberg Business News [NEW YORK] American Express Co said Berkshire Hathaway Inc, led by billionaire investor Warren Buffett, can increase its stake in the travel and financial services company to 17 per cent of the shares. Berkshire holds 10.2 per cent of American Express'Bloomberg Business News - 101 words
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Article40 1996-03-15 22 Reuter [LONDON] Anglo-Dutch consumer products giant Unilever said on Wednesday it was refocusing its management structure to create a sharper regional focus and a clearer separation of corporate strategic leadership from the day-to-day running of the business.—ReuterReuter - 40 words
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51 1996-03-15 22 Record profits for Legal General Reuter [LONDON] British life and pensions group Legal and General pic announced a strong increase in profits, despite a difficult year in the life and pensions market. Its 1995 pre-tax profits were near the top of market expectations at a record £271.3 million (SssBl million).Reuter - 51 words
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54 1996-03-15 22 Bloomberg Business News [NEW YORK] RJR Nabisco Holdings Corp confirmed that financier Bennett Leßow won a recent nonbinding shareholder vote urging the board to spinoff RJR's food business immediately. Leßow said 50.6 per cent of the company's shares outstanding voted in favour of theBloomberg Business News - 54 words
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Article46 1996-03-15 22 Bloomberg Business News [WARREN, New Jersey] Chubb Corp chairman, chief executive and president Dean O'Hare's 1996 earnings rose 40 per cent to US$2.5l million (US$3.5 million) according to a proxy statement the insurer filed with the Securities and Exchange Commission.—Bloomberg Business NewsBloomberg Business News - 46 words
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Article37 1996-03-15 22 Reuter [LOS ANGELES] Japanese videogame giant Sega Enterprises, Dream Works SKG and MCA Inc have signed an agreement to form a Joint venture to open more than 100 entertainment centres in the next four years.—ReuterReuter - 37 words
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FINANCE & COMMODITIES
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Article, Illustration69 1996-03-15 23 [SANTA MONICA] France gave the go-ahead on Tuesday for the sale of Hollywood studio Metro Goldwyn Mayer (above) in Santa Monica, California, setting in motion what could be the most glamorous auction of the year. MGM was part of Credit Lyonnais before itREUTER - 69 words
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332 1996-03-15 23 Vikram Khanna - US economy slowing down, with net loss of 1.7 m jobs in Jan-Feb By' Vikram Khanna [SINGAPORE] Wall Street has overreacted to the US government report about the large number of jobs created in Feb l ruary and the resulting US stock market332 words
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Article, Illustration421 1996-03-15 23 Conrad Raj - Group's $1 billion Asia-Pacific foods to be managed oat of S'pore instead of London By Conrad Raj [SINGAPORE] One of the world's largest financial groups, Britain's Commercial Union, has given Singapore's fledgling fund management industry a huge boost by transferring all its Asia-Pacif-ic funds421 words
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306 1996-03-15 23 Bloomberg Business News [NEW YORK] Alliance Capital Management will launch a closed-end fund next month that will invest in small-cap Asian technology stocks. The fund, the Asian Technology Fund, is now being marketed to the US, Asian and European institutional investors, andBloomberg Business News - 306 words
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307 1996-03-15 23 Loh Hui Yin - From Loh Hui Yin in Bangkok THAILAND'S 15 commercial banks are expected to chalk up an average net profit growth of about 15 per cent this year, according to a report by Thai Farmers Bank Research Centre. This compares with last307 words
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444 1996-03-15 24 Siow Li Sen - Mixed response to proposal to switch to FOB instead of delivery to specific warehouses By\ Siow Li Sen [SINGAPORE] A proposal that is before the Singapore Commodity Exchange (Sicom) to change the delivery terms of the most popularly traded contract, the444 words
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181 1996-03-15 24 [SINGAPORE] The Singapore International Monetary Exchange (Simex) will sign an information sharing agreement today in Florida with 45 other exchanges and clearing houses for futures and options one year after the Barings debacle. Simex chairman Elizabeth Sam will sign the agreement181 words
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347 1996-03-15 24 FT (LONDON] Anglo American Corporation, South Africa's biggest company, surprised its rivals in the mining industry on Wednesday by buying 5.9 per cent of Lonrho, the UKbased conglomerate, for the equivalent of £91 million (*****.7 million). The holding is being soldFT - 347 words
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280 1996-03-15 24 Move is part of a widening probe into Milken's deals NYT [NEW YORK] The Securities and Exchange Commission (SEC) is investigating a substantial investment that Michael Milken, the former junk bond king, and Lawrence Ellison, the chairman and chief executive officer of OracleNYT - 280 words
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206 1996-03-15 24 Reuter [SYDNEY] An unstoppable Australian dollar notched up its seventh successive stronger close yesterday. The whistle stop tour of important resistance levels continued with a visit to U550.7750, so maintaining the technical momentum even though the speed of the rise and the dizzying heightsReuter - 206 words
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Article207 1996-03-15 24 SOBBKReport Reuter [SINGAPORE] Simex Euroyen futures yesterday broke above resistance levels with dealers expecting more gains early next week. Euroyen futures fended off profit-taking pressure and a lack of market-moving news to end higher, boosted in part by players rolling over their positions ahead of theReuter - 207 words
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Article156 1996-03-15 24 Reuter, AFP London THE dollar remained trapped in tight ranges in Europe, barely changed from Wednesday's closing levels, as players marked time ahead of the Bundesbank council meeting and US inflation data. Dealers said that if, as expected, the German central bank leaves interest rates on hold andReuter,; AFP - 156 words
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309 1996-03-15 24 ENEROT REPORT Reuter [SINGAPORE] China's appetite for crude oil is expected to stay firm in April as refineries run full steam to meet healthy demand for domestically refined oil products, sources and traders said yesterday. "China will buy slightly more crudesReuter - 309 words
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Article, Illustration1218 1996-03-15 24 IWTmBAMICQ1IBWCT«ATBS 4pm, Mar 14 Agatast S$ Agatast USS Agatast S$ Agatast 115$ Carrandas »W Offar K Off or Carrwctas 1 Offar M Qffy 1 d,4lfl Fr fr«K 27.9083 27.9336 5.0398 5.0408 Loot/ dollars to one unit of foreign currency: Hongkong dollar 18.19 18.21 7.7312 7.7322 Australian doHar 1.0903 1.0917 0.77501,218 words
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Article1586 1996-03-15 25 SICOM nmnuat Mart 4 at SJOpa) tSS ICONTtACTtt cwtaAO CtoM VoMm OpM I— Sfti (toww) Iwtomt ***** 1200 (275 217.00 1200 4625 2*5.50 2800 5J5** ***** ***** 2K00 150 ***** JWM«r*7 ***** 2325 WS 3 CONTRACT (US ctnbAq) Votamo OpM HJ# Uw Sott (towm) (ntfwt '56.75 156.75 156.751,586 words
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Article2253 1996-03-15 25 LONDON Ifltfvstrljli mrv* Nd A. A. Corp Adr 621/4 -3/4 AB Ports 3071/2 uoch WMy National 544 10 Alllod Lyons 497 3/4 -41/4 A mac 96 uoch ArgyN 3151/2 t/2 Asda Croup 1041/2 -1/4 BAT to* 5141/2 *41/2 BICC 337 4 BOC Group 925 -3 BR Patroloum2,253 words
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Article1651 1996-03-15 25 Reuter U Nikkei 225 +188J6 SHARES ended higher yesterday, helped by a strong advance by Keisei Electric Railways which encouraged some players. Yet brokers said the market is likely to remain in its recent doldrums in the near future amid uncertainties over the 1996/97 budget. The 225-share Nikkei AverageReuter - 1,651 words
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Article, Illustration1655 1996-03-15 26 AFX-Asia Han* Seal ****** SHARE prices closed sharply higher yesterday in a late technical rebound sparked by short covering by futures traders and moderate bargainhunting among blue chips, brokers said. The Hang Seng Index closed 202.27 points up at 10,451.75. Turnover was HK54.43 billion. Properties recovered some of Wednesday'sAFX-Asia - 1,655 words
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Article, Illustration624 1996-03-15 26 Reuter Q Shanghai B Share Index +020 THE Shanghai B Index ended up, led by a jump in Shanghai Diesel Engine due to institutional buying, but trading was slow. The index rose 0.2 point to 50.3 on a turnover of 2.4 million shares worth US$B3B,OOO. "Institutional buying of DieselReuter; Source: Credit Lyonnsis Securities(Asia) Ltd - 624 words
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Article352 1996-03-15 26 AFP QWP Index ****** SHARE prices surged as investors picked up stocks amid improving morale engineered by the government's support of the local bourse. "More investors returned to the floor in the light of the government's support for the market," said a trader. "Investors seem to have become usedAFP - 352 words
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Article, Illustration703 1996-03-15 26 Bloomberg Business News U Composite fata ♦ITS STOCKS rose, powered by bellwether PT Telkom, as concerns subsided that world interest rates will rise, and suck money out of stocks. Telkom, which accounts for more than 20 per cent of the Jakarta market's capitalisation, rose 150 rupiah to 3,675. "TelkomBloomberg Business News - 703 words
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Article, Illustration814 1996-03-15 26 Bloomberg Business News H SET Intel *im BROKERAGE firms led a rally yesterday, amid optimism that they will profit from an increase in trading volume. "The volume traded in the first quarter is much better than last year; that will benefit brokerage houses' profit," said an analyst. The stockBloomberg Business News; BCRUZ - 814 words
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Article335 1996-03-15 26 AFP Q Manila *13.71 SHARE prices rose as the market staged a technical rally following a three-day drop due to tension in the Taiwan Strait. The Composite Index climbed 13.71 points to 2,783.63. Turnover was 9.3 billion units valued at 2.1 billion pesos. Among the gainers were San MiguelAFP - 335 words
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Article405 1996-03-15 26 AFP QOnpofitebia SHARE prices rose in anticipation that a stock market stabilisation fund would intervene this week to support the lacklustre market. The Composite Price Index rose 5.56 points to 844.43. Turnover was 25.5 million shares valued at 431.4 billion won. Advancing stocks beat declining ones 539 to 222.AFP - 405 words
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Article621 1996-03-15 26 AFP Will Primaries *L 5 THE market caught its breath yesterday after wild swings in the earlier part of the week, closing marginally higher. The All-Ordinaries Index rose 1.5 points to 2,210.6. Turnover was 282.8 million shares valued at A 5718.5 million. Rises beat flails 456 to 412. AmongAFP - 621 words
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Article285 1996-03-15 26 Reuter *115 THE NZSE Top 40 Share Index rose 9.15 points to 2,090.27 as investors bought Fletcher Challenge's new paper shares on the belief that the decline in pulp and paper prices is over. Reuter ■rw 1 *t- rmm ANZ Banking 6.90 unch 7450 Advantagas Htdqs 153 -0.03 *****Reuter - 285 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration7082 1996-03-15 27 KUALA LUBu* un Reports Bloomberg Business News Composite Index +24J7 STOCKS yesterday made their biggest gain in Five weeks, led by Telekom and Genting, as investors decided Malaysia has the least to lose if US interest rates kept rising. "On an interest rateBloomberg Business News; BCRUZ - 7,082 words
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WARRANTS & OPTIONS
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Article3770 1996-03-15 28 R Sivanithy - WARRANT WATCH By\ R Sivanithy AMONG the top performers in yesterday's bounce were Uniphoenix Corporation's shares, warrants and convertible bonds. The Hicom subsidiary's listed instruments have been dormant for some time now but look to be springing back to life, so they or the warrants3,770 words
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Article2371 1996-03-15 28 MALAYS!AN STOCKS Of Gr 1995/9* LMt Vat Day Last Ouata 01* Mv VM Nat MCn HHH Law Stna Owgg Sal* COOP) Hlph Law Bwyar Sa»ar C*»f P/t |m* 425 186 m 5000 AiSBSOc MS 5n* U II 0J IKI 630.7 127 70.5 a 5001 AMDBSOc 815 »U 3632,371 words
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STOCK EXCHANGE OF SINGAPORE
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Article1119 1996-03-15 29 Turnout COOO) VAlUf COOO) MH> g» rnn m* a* r** MUStHM 29,602 10,555 40,457 96.655 15.055 114,774 rhmct 6,257 1201 1V4M UM6 W.065 ***** Noteta 1,455 4M 1.976 4,771 #71 5.141 11.237 9J04 22,541 43.115 ***** ***** PtaMatton 1420 1420 3400 3400 UMKf 1,063 1,053 3425 3425 54.W 5,633 4.5601,119 words
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Article, Illustration66 1996-03-15 30 Paul Leo - By Paul Leo UNITED OVERSEAS LAND rose seven cents to $2.68 on a strong volume of 2.82 million shares 2.5 times the 10day average of 1.13 million units. With daily RSI bouncing up from oversold region and daily MACD in bullish territory, the property counter will be well66 words
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Article, Illustration844 1996-03-15 30 R Sivanithy - STOCK MARKET COMMENTARY STII up 28 points; dealers expect further recovery if Wall Street remains stable H// R Sivanithy [SINGAPORE] Mid-afternoon news flashes that top Chinese military officials were committed to peace in order to continue the country's development further soothed the nefves of844 words
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ON THE GRAPEVINE
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Article97 1996-03-15 30 BEING an analyst has its hazards. Nick Moore, a commodities analyst with Ord Minnett Securities, says he gets "hate mail" from zinc producers whenever he talks about zinc prices staying depressed. And why isn't he being bullish about zinc prices? He says zinc prices have97 words
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Article141 1996-03-15 30 THE Eskimos have many words to describe snow, and Alliance Securities has quite a few ways to describe the word "buy". When it says a stock is a "strong buy", it means that particular stock is expected to gross between 15 and 30 per cent in price141 words
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Article183 1996-03-15 30 A RECENT weekly market commentary by Phillip Securities Research used medical science to bring out a point on the impending danger on the local bourse. It said Wall Street's stunning performance, unfortunately, has not had any "placebo" effect on local markets. Instead, investors seem to heed bearish laments,183 words
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Article83 1996-03-15 30 A LOCAL PR agency made a major boo-boo earlier this week by releasing a press statement on the wrong company letterhead. Our conftised reporter had to do a double-take before realising that German software Arm SAP's plans to "significantly increase" its 1996 dividend had nothing whatsoever to do83 words
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Article4446 1996-03-15 29 Or Or mm 1993/96 Laet Vol Day ml Quote 01* 04* Vld Met Cm Ay* MfH Low StHo Cim>««v rOOO) Wgli Low 8»ryor Mw Cvr HI %uM Price —UlflUil 2M 165 1258 Acer 50c US165 -9 291 172 165 165 170 a0 273.1 494 310* mt WOO Aetna4,446 words
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Article823 1996-03-15 29 Or Or M Wt 1995/96 LMt Vai Day Lul Ouat* Dtv Mv YM Nat c»a Av« HH> La» Stlk Ciwpiwy *tt» COOOl mm far Buyar Whf Cw Pft %m* Prtca 322 40 2000 ABRHIdgsSc 258 -2 134 260 258 258 265 »8.0 6.9 0.4 56.1 114.1 259 280 50823 words
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Page 19 Advertisements
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Advertisement155 1996-03-15 19 H f x>y jl I FC-340M85 Power Reserve ?lfpi^l Already early in the 18th century, Geneve became known as a major centre for creation and production of timepieces. Since then the Genevese watchmakers rose to unparalleled heights in the art of Poubte o-Fhng crowns horology. Today this proud heritage continues155 words
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Page 20 Advertisements
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Advertisement474 1996-03-15 20 7 //K\ THE BUSINESS TIMES URSITLE EXCLUSIVE CCS!^S vS ss THE An alabaster cast of this Egyptian time 9 measurement water receptable can be found t J <^^m. at the Karnak Temple. It is dated 1415-1308 I -BC and is also called a clepsydra. ill I J I 111 K474 words
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Page 21 Advertisements
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Advertisement435 1996-03-15 21 Fly ANA Now To Osaka's Blooming Skyhub MATSUYAMA KOCHI FUKUOKA S°%Pbcount 50% Dbcount JOKYO (HANEDA) Free Flight From Flight From Osaka KAGOSHIMA wH| I SENDAI Free Flight From Osaka r JL a |gg OKINAWA SAPPORO 50% Discoun 50% Discount SINGAPORE ANA-OSAKA "CHERRY BLOSSOM" ANA's Super Business and Super Y Class435 words
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Advertisement1518 1996-03-15 22 TEH LTD Male (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Directors of San Teh Ltd are ptaaaad to announca tha following unaudited result* of tha Company and of the Group for the year ended 31 December 1906: COMPANY GROUP 1998 1994 199S 1994 $'000 000 $'000 $000 Turnover 64,0081,518 words
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Page 23 Advertisements
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Advertisement154 1996-03-15 23 V This announcement appears as a matter of record only: r o Sinn Bualuang Co., Ltd. U5D150,000,000 Transferable Loan Certificate Facility Arrangers/Lead Managers L.F.C. Far East Ltd/London Forfaiting Company PLC Overseas Union Bank Limited PUBLIC BANK (L) LTD, Labuan, Malaysia SEOULBANK Shinhan Finance Limited United Overseas Bank Limited Expanded Lead154 words
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Advertisement166 1996-03-15 23 /This announcement appears as a matter of record only. BNI P.T. BNI MULTI FINANCE A wholly-owned subsidiary of P.T. Bank Negara Indonesia (Persero) U5520,000,000 Transferable Loan Certificate Facility Arrangers/Lead Managers The First National Bank of Boston KEXIM Asia Limited L.F.C. Far East Ltd/London Forfaiting Asia Limited Overseas Union Bank Limited166 words
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Advertisement49 1996-03-15 24 X BVLGARI-BVLGARI WATCH sMBPIB in 18 Kt gold and diamonds. BVLG A R I r Bangkok Singapore Kuala Lumpur Hyatt Erawan Hilton International Shangri -La Hotel GRANfftVATt 6325 737 1652 201 8919 32bW Roma>Milano Paris Geneve Dusseldorf London New Yo«ft Beverly Hills Tokyo'- Osaka Fukuoka Kyoto Hong KopG^TAipy -A49 words
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Page 26 Advertisements
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Advertisement187 1996-03-15 26 9 Singapore Handicrafts presents the splendour of majestic rosewood. thy g% Discover the unique charm and beauty of classic rosewood furniture from Singapore Handicrafts Singapore's leading J <- rosewood specialist A rosewood masterpiece with its refined lines and exact add a touch of ZTWI* m |pHB9S. ',T I S I187 words
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Page 27 Advertisements
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Advertisement334 1996-03-15 27 p IK A There's no letting up in the property market in land-scarce Singapore. Although the market iirWTnrnTinilßHM I Ij 1 iC C_ seems to have soften somewhat, people are still paying record prices and rentals. From HDB Per single coi cm $16.17 apartments to private condominiums, landed residential homes334 words
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Page 28 Advertisements
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Advertisement31 1996-03-15 28 SMOOTH AS SILK TO BANGKOK Travelling to Bangkok? Fly smooth as silk on Thai H|| six times dsily. Enjoy gourmet foodf vintage I™"® French wines and a standard of service that's31 words
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Page 29 Advertisements
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Advertisement0 1996-03-15 29 %\||/~\!;%{<+|[""-]="'^;{}%'[;*0 words
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Advertisement42 1996-03-15 29 SELL* FlNfe* Classified ads can speed up your search for the right car. No matter what it is, you can always buy it, sell it or find it with the Classified. T0 I i FREE 1800-737-1166 y£| Coll Today For Results Tomorrow.42 words
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Page 30 Advertisements
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Advertisement33 1996-03-15 30 j_ TIIVIES 1 For real-time stock information, call 'r Quickstock on r 1900-913-0003 1 at 30 cents a minute. Stock number 1 are available f in the stock pages of BT and ZB.33 words
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Advertisement409 1996-03-15 30 Form 55 (Rule 112) NOTICE OF MEETING OF CREDITORS (Originating petition N0.9 0*1992) In the matter of THE COMPANIES ACT, CAP. 50 and In the matter of KUMAGAI-ZENECON CONSTRUCTION PTE LTD (In Liquidation) NOTICE IS HEREBY GIVEN that a meeting of the creditors in the above matter will be held409 words
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Advertisement377 1996-03-15 30 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND GUAN MOH CO. PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final General Meeting of the Members of the abovenamed Company will be held at 336377 words
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Advertisement309 1996-03-15 30 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF ASEANIC ELECTRON COMPONENT PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Pursuant to Section 290(2) (b)] At an Extraordinary General Meeting of the Company held at 101 Thomson Road #15-02 United Square.309 words
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Advertisement658 1996-03-15 30 Singapore Closing Share Prices 14/03/1996 CLOSE PREV LOW HIGH *119## US$ US$ US$ USS All!## Jardine Matheson 7.70 7.45 7.45 7.70 Sardine Strategic 3.30 3.24 3.20 3.30 l imf j Dair y Farm 0.95 0.95 0.93 0.95 Hongkong Land 2.15 2.09 2.08 2.16 Mandarin Oriental 1.29 1.21 1.25 1.29 BEiiJiiMfl658 words
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Advertisement415 1996-03-15 30 P.T. Bank Ekspor Impor Indonesia (Persero) (acting by and throngh its Cayman Islands branch) U5559,000,000 Floating Rate Notes due September, 1999 In accordance with the terms and conditions of the Notes, the rate of interest applicable for the interest period March 14, 19% to September 16, 19% is 6.7 pet415 words
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SHIPPING TIMES
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Article262 1996-03-15 31 Knigth-Ridder, Reuter AN ANTICIPATED increase in freight rates for Atlantic Panamaxesis proving difficult for ownero to achieve. Rates have appreciated a little in some cases, but the performance has been patchy. Conditions have Improved more appreciably for Handy-sizes in the Atlantic, and some Caper rates have also shownKnigth-Ridder,; Reuter - 262 words
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Article116 1996-03-15 31 g M V- W MHMMM L99 «OOI ***** i OMMXHupHaMNfi .tM MMk MOM Cwwlwnlwil_t»4 >0.02 ***** rcu 7M> *CJ0 15SOOO taMttlMt am -OJW *****0 r«o!<3 «n lllll i 5 its 33 58 IHlflltwt HKL12 -0.07 «ih»im*iiim xoo «olo« miitl ITT iMd» KM BT' MHC 70C MMft *7 gnu116 words
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Article, Illustration352 1996-03-15 31 Rahita Elias - Australian Express Service will kick off on March 29 with four 1,000 TEU ships By\ Rahita Elias [SINGAPORE] Home-grown Pacific International Lines (PIL) and Hongkong's Orient Overseas Container Line (OOCL) will launch a joint service plying between Southeast Asia and Australia on March352 words
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148 1996-03-15 31 Reute [MIAMI BEACH, Florida] A series of cruise ship mishaps last summer was mostly caused by crew mistakes, and foreign-flagged cruise ships operating out of US ports are among the safest modes of transport the US Coast Guard said on Wednesday. TheReute - 148 words
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659 1996-03-15 31 Selva Kumar - ADMIRALTY CASEBOOK By\ Selva Kumar UNDER the Brussels Convention a party to a contract can only be sued in its country of domicile unless at least one of the secondary defendants is domiciled in a foreign jurisdiction. However, the plaintiffs in the659 words
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224 1996-03-15 31 Last year, number of North American passengers fell 3% Reuter [MlAMl BEACH] After two decades of rapid growth, the US cruise industry is sailing into rougher waters with stagnant passenger growth, heavy price discounting and a sea change in how the baby boomReuter - 224 words
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185 1996-03-15 31 Reuter [BREMERHAVEN, Germany] The eastern German shipyards of Bremer Vulkan AG will be spun off in the next days, a state government official said on Wednesday after a crisis meeting called to discuss the ailing shipbuilder's future. .i Berad Seite,Reuter - 185 words
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125 1996-03-15 31 Reuter [MIAMI BEACH, Florida] Holland America, the cruise line owned by Carnival Corp, said it was negotiating with a group in the Netherlands that wants to buy the flamed Rotterdam Vto convert into a historical museum. The Rotterdam V. a 45-year-old luxuryReuter - 125 words
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Article, Illustration954 1996-03-15 32 CONTAINER LZKBR SHZPPZNO: STAR PERFORMER OF INDUSTRY Pr Manfred Zachcial of the Institute for Shipping Economics and Logistics gives reasons why container volume is expected to expand more rapidly than the world economy and world trade over the next few years Lloyd's List CONTAINER ports theLloyd's List - 954 words
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437 1996-03-15 32 PAGE Emett 18 ABCCont 17 Emgreen 6 ACL 17 Everprimc 18 AfTShpg EicdPo* 17 AM. 3 i FLS 13 API W FMC 13 AMe 7 F«»uJ T Accord 8 f*",** 16 Ahrenkiei 4 EoongSun 8 Appensftp 4 FrtUaks 16 Astro 18 M »orM437 words
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Article17478 1996-03-15 40 ETA ETA Advartlsar Vassal Voyaga Pq ETA ETA Advartlsar Vmi«i Voyaga Pg iwm —iJhm*!i'»i i ii'ihiih W Nama M| I>W)W I W I I t A MAO 22/0] RCL XETHA BHUM M2N I A 19/03 21/03 Island ELIZA V935 M Ahldian 19/03 22/03 Av4nt SIN0 MARINE MRNI33 6/0317,478 words
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SHIPS IN PORT
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Article506 1996-03-15 49 VayW tor* krtnl D-jrtr JM|M «M JW oovboo kovmoc MJW MM JB R01M00 M.OVZMC «*n#Nr VM03 JOT 15 OVUM ROVBOO rnymtm jos kovzjsi rovmoo J*« m aovwoo mSmmoo MMlM ONTO M tUVMOC 1403/2100 *WI M R03/150C *03/2000 IM NO JM BOVOOOO R01/0700 TO2W Of/* JO 12W50C BOVOMO MOMI506 words
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Article1089 1996-03-15 49 RICEIVmC Of EXPOUT FCt CONTAINERS AMD LCL CAMP "WBtr NrtOT Ew» m vemm m«w torn m U M/1700 V0«1 1«X 1 bmw b/w ivmoo mwoboot arm toJf MA MM M WW MONO •VOTO IVHW 1.140C 4 OAM BOOT wm ta!5 55 a/uji S M£oo MM* mm WW MOM1,089 words
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Article854 1996-03-15 49 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 individual854 words
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Article316 1996-03-15 49 MAR 12 Mauritius: National Day. MARIS Belarus: Constitution Day. Hungary: Anniversary of 1848 revolution. MARIA Iran: (tentative) Martyrdom of Sixth Imam. MARIS Ireland: St Patrick's Day. MARIS Iran: Oil Industry Nationalisation Day. Malta: St Joseph's Day. Nepal: Ghode Jatra, (for the Kathmandu Valley only). Spain: (tentative) Father's Day.316 words
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AIR & LAND TRANSPORT NEWS
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459 1996-03-15 50 Govt to take policy measures to help MU op domestic market AFP [BEIJING] China is resolved to turn its car industry into a backbone Industry which makes up 3-9 per cent of the Gross National Product (GNP) in the next 15 years,AFP - 459 words
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351 1996-03-15 50 Reason: to win mora work from other carriers Bloomberg Business News [LONDON] British Airways pk may spin off its engineering unit, hoping to turn the in-house aircraft maintenance service into a money maker it estimates may eventually have annual sales of US$l.5 billion (512.1Bloomberg Business News - 351 words
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Article, Illustration286 1996-03-15 50 Reuter [DETROIT] Only seven of General Motors Corp's North American factories were working on Wednesday as the most damaging strike against the car maker in more than 25 years reverberated throughout the economy. In addition to the idling ofReuter; REUTER - 286 words
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225 1996-03-15 50 Bloomberg Business News [WELLINGTON] Air New Zealand Ltd said it rejects allegations from its tiny rival Kiwi International Airlines Ltd that it helped set up a cut-price airline to force Kiwi out of business. The allegations were made at the hearing byBloomberg Business News - 225 words
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LOG Book
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79 1996-03-15 50 Reuter [NEW YORK] Federal Express is urging Washington to take a tougher stand tn its air cargo talks with Japan, the Wtetf Strmi Journal reported yeataniay. Its offlcialstokl the paper that US trade negotiators ware using timid peeitions, and aocuaed them ofallowing Japan to dictateReuter - 79 words
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Article90 1996-03-15 50 Reuter ITG&YO] Honda Motor Co said yesterday that it was launching a completely new commercial-use van, the Partner, ft*- marketing exclusively In Japan. The vehicle, which uses rnraponents from the Orthla station wagon, will go on sale on March 15 with a monthly sales target ofReuter - 90 words
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57 1996-03-15 50 APX-Asia (MANILA] Philippine Airlines wfilnot reduce its domestic passenger or cargo ftree> deepite lower prices offered by emerging local carriers, executive vice-president lienoio Aquino said. *We will maintain our current level ofpaeeenger and cargo fisree,'He said, teetaadof equating its Ceres, PAL wffl introduce newAPX-Asia - 57 words
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Article82 1996-03-15 50 Reuter [KARACHI! U* Pakistani government tendered on Wednesday for 90 diesel electric 3,000 horse-power looomotivee, with bids to be submitted by June 18. A Pakistan Railways official said the purchase would be financed by a loan from Japan's aid programme to Pakistan. Hasald Pakistan was seeking 10Reuter - 82 words
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197 1996-03-15 50 [BOMBAY] Chrysler Corp of the US on Wednesday denied Indian media reports saying the company plans to set up a US$l billion (511.41 billion) wholly owned car-making subsidiary in India. "We are still assessing our entry into India," said Jack Robinson, a Chrysler197 words
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Article1216 1996-03-15 50 NYT CITY FU6HT ETA FU6HT ETP jjgg 1310 VW740 M10 AMM j MM 2230 Nat Yal T6407 2120 TK40C 0020 hmtmim S0327 0040 KLM4 0110 —W 2255 MOW *20 KU37 640 KU3S 2335 NHWd AY902 *50 AT903 2140 -W IOMIWH S0977 1720 SOWS 0140 jjg *****NYT - 1,216 words
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182 1996-03-15 50 AFP [TOKYO] Japan's Mitsubishi Electric Corp said yesterday it had reach a basic agreement on a railway engineering tie-up with GEC-Alsthom Transport. The agreement, linking the two high-speed train makers, would cover technology exchange, joint development of systems and products, and mutual and Joint procurementAFP - 182 words
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Page 31 Advertisements
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Advertisement11 1996-03-15 31 Container liner shippfogsaib foil steam ahead Star performer of industry psf>a11 words
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Advertisement276 1996-03-15 31 China to tarn ear making into backbone industry Govt to help build up domestic market. Back Page T~ ~~7 i International Maritime Bth Singapore lataraatioMl Exh&ition and Conference Bunkering Conference 26 29 March 1996 WeHd Ifcade Centre 26 2* March 1996 World Trad* Centre and Singapore lafflee Oty Convention Centra276 words
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Advertisement933 1996-03-15 32 i ',ag IT4lT4 WSBSSSBSm^^ usmi mi w* nm mm mm ivm ii/m m/m mm m/m ivm u/m *a»*M Usm ivw m/m n/w w/w mM I iWi I w/w u/m u/m j*®* l I W ivw wr A tmmmmmmt mvm nm u/m ivm w/m m/m ivm m/m ivm nm nm- QttK933 words
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Advertisement170 1996-03-15 32 «D Un— It —rvio— npr—ntod by Monitors at tfw RogMry of Memtwso#ew Aocradtod SNpping Agonto, S2l|j Singopor. Forwanlm >*por» Nobonol Shipping Amoc. *m»&oa*. Shipping Times IrisLim 740-2044 Patricia Chow 740-1645 Jarrod Leonf 740-2088 Philip Koh 740-2882 BUFFALO 15/03 2MX3 RAnMMBmrVUK Loods E/H. 111, hrtniiMh M SAMM FRONYER OuM/D«imVß#vtirtfDattoflCuwtfl V PAN170 words
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Advertisement945 1996-03-15 33 EXPORT TO; TO: JEDDAH/UK/CONTINENT VKsa VOT SM rMA ITNM nuvw snoi Ltt ALSO ACOPTING CAKO FOR: WW* SIM 10/ M 04/04 04/04 01/04 01/04 GUSOIOW GRANGEMOUTH tmiDniMOKA Silt 11/03 09/04 07/04 11/04 kurs 111* 21/03 07/04 00/04 11/04 13/04 n^, ELDS INPUOTOmm 3110 13/03 11/04 14/04 00/04 11/04 BRUM as/La945 words
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Advertisement1303 1996-03-15 33 HANJIN SHIPPING itw hmk/vot 1 »I m m em m MWKWWUHI H/W H/M 12/ M 12/ M It/N |4/M li/M M/M H/M H/M "fl/M |11/ M "H/jT jgjj M/M 23/ M ~gm~~" ,umimta nm nm h/m Inm 1 'V* w/m I 21/ M h/n I h/m b/m «/m h/m |m/m1,303 words
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Advertisement159 1996-03-15 33 |EXKWI 3nAy -2xll ijl g-l*|«Mifc- >a»WCK/NAHA/»PAI/q»UflCH^^ ■■EZZ3iIHHiHHHHfIIM^HBfIEi3iK!?XOI9OHEL3K^K<iSrr i aEll Mum. Hi—IMC—IUC JUL ffjgp— 9B m —'Mr bm m ba ru* nm im Miasm—tin—iur nr im jul m zua tun hh mm h* V* Hlr—Aft JUL SM *M mm jomm aa—mm nrtr an jul jg jflZZai am Jtti* «a—aa- ir *m159 words
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Advertisement718 1996-03-15 34 »2L_ gw wg ommo jami mua soummm mum wamwia mmm mm u*ra IBM* mbil _jja zsa__aa ia u* v« w ffllSF rfs u* lft/4 —j HyHsißWßs Kwni |an a/3 is/< 12/4 it/4 1/4 jam ggiL IMZ m ha —m —wr~ oiwcn v« M m 7« ma WT~ ALSO AfffPDftG item718 words
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Advertisement711 1996-03-15 34 I NORAgIA" I y IMgL W r=H »Cl *«L NAM mm NOT ANT HEL LHA ®88 88S8B»5B8BBB!3SaB sa ha ha as as 22 S 88 321 B 38 ss |w«g«g||« m bgd 1221 I 22" Ifif NO w w* VCC ANC OH OMK *3S n« SSSSStSSSSSSSSBItSIffiSS! ILMTUTTVt IIM M MM711 words
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Advertisement507 1996-03-15 34 —~m JAPAN/HONQKONQ/STIIAITS REGULAR MMVMt] LOADING FOR PORT KLANG/PENANGT rtAtASTPiW IT""TO 17MAA A«Aramwt »i »PT HWWMW.iI 8 17 MAR WWII _wwmu___3 tiw |am lalto 1 ggj J »MM» I OMAR I- m 1 brbnwm i awn 1 a ma* I- CHUHBMH 17 27MAR la MOW I»1 Mill tmuwwa i vmm amw507 words
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Advertisement1047 1996-03-15 35 W STRAITS SHIPPING PTE LTD 10 Ho« Chia«| Road #11-01 Kappal Tawars $1 ngapora 0200 Tal: *****80 Fax: *****17 hmw miiiWA PAnrir nam «gßp {ABEHVICE OF CHINA NAVIGATION CO) ETA ETC STRAITSnw VWK 11 Mm 19 tor Mian tKM Urtateta -■---1_ J CMMKAJNH-a VtMBE 21 Iter 22 Mar UDmn Sandwort1,047 words
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Advertisement1956 1996-03-15 35 Iteai BfeO fr 1 1 'VI J 1* Hoc Chiang Road, *07-01 Keppcl Towers, Singapore 0208 First Class Connections WORLDWIDE 12 i" I" 3 Tc kti R53<564 pnocsp 225 5327/222 7517 tK iNuinbcn **********0" EXPORT IMPORT NEWPORT HAv (Si I *22? f* jg. A fr ?°T MAJJ OCT Ml LKM1,956 words
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Advertisement379 1996-03-15 35 WW -BL-BL JBL _S Mi—Bfl B IS—lll HK H fit m n im m m mis JttMllLflE. Jlffl. JJffl_ Jiffi _a»—M» wo 71/ m am **3 v/n nm nm h/m 31/p vm mmmm jab, ml jzjmi jiffl__affl_ _affl_jzffl.jiffl_ m MB UN 713/ KB 17/18 IVB tl-a/W Mi V/to M 3379 words
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Advertisement1260 1996-03-15 36 MP ROM ANW HBO THP LHV LHV THP ROM ANW HBG PKL SGP I E. RIGHT RW-822 11/3 5/4 8/4 7/4 0/4 10/4 E. GUIDE RE-071 11/2 21/2 20/2 2272 212 11/3 11/3 E. RACER RW-OM 23/3 12/4 13/4 14/4 14/4 17/4 E. GIFTED RE-M3 25/7 24/2 27/2 24/2 1/31,260 words
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Advertisement814 1996-03-15 36 ■ixesbi vtSSII VOYAGI id DH IN MM UH IWI Ul VISSCI VOYAGI MM AMI AMU uk u» I H UNQMOT O»M74M 71/W 31/03 01/04 07/04 BVM OVtM 04/04 IYE LAM ojMOOtt 07/ M SRi SL« I num om-oow vm ji/oj oi/m 04/04 04/»4 mommi ffiw SS I I SB I814 words
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Advertisement671 1996-03-15 36 S RICHFIELD MARMEAOENCKS (S) PTE LTD TEL *****33 (12 LMES) FAX: *****18/*****03 TELEX: RS ***** RI3HIP (3 Una*) CR NO: **********0E I® ETMOPUNSMPPmUMS f (Nrtkmrf Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Voy ETA Lo«dfcig for Spool Abyot 43W8 18AM >^ga»a.D)fco uti m9 Wi HUtmmi 42W8 70/06 Mombasa, D*xx/t Assab,671 words
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Advertisement1317 1996-03-15 37 ran-day MKCT SMUMI TO NMFA-14MVS KW TOM -a OATS rn ito fttMM My t1 T-m TtHttUM COSHir C-mtt—l: 4MUU 0/V *TH7U f «>/«•*« UM7U '.I lT MSWfTtwrt MM mi7MNN« Fw JHfMf ImMitthi ««h;h;h tirSSfSiw tf-MttltlfltT Mr 17-MtHft li'Wt MMM ye* to. CCtU fir ffH/ff MT MMNMH £2L 2S, *03 *J*LYCIWi1,317 words
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Advertisement431 1996-03-15 37 BKAPAL KRIS Shipping Pte Ltd 70* DUXTON ROAD, S'POOI M 9529 M *****7* he *****77 I NO. **********0 C SYARIKAT PERKAPALAN KRIS SENDIRIAN BERHAD 30*404 HOCK A GUMRACIUSMBS CBfTtf, 10 JALAM SS 4/1, KHANAINIK MX lOX 4421 PHAUtGJATA,SBANGOt.HL7O*****/74/79 FIX:*****07 1H0: MA ***** REGULAR CONTAINER SERVICE FROM PORT KEIANG, PAStR OUPANO431 words
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Advertisement121 1996-03-15 37 |»1 DONGNAMA LINE msaiKS) ran no r» m ruriuo k m HJKOMMO IM 14/01 10/03 10/0) 21/01 27/0111/01 01/04 $S KMDOM3 2V03 »/03 25/03 20/01 01/04 07/04 00/04 VMM 141 30/03 02/04 01/ M 04/04 10/94 14/04 SMMMRMBIM4 M/ 04 00/04 Jl/04 17/04 21/04 21/04 "AtSQ*tOTMIOOiyMLnWR6.OOI6O4O.SIty^WIII)IA/tfW* niv ami a wsaooni121 words
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Advertisement402 1996-03-15 37 I FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) I DIRECT SERVICE/ WEEKLY SAILING S ATTRACTIVE RATES OFFER ALSO ACCEPTING... ALEXANDRIA BEIRUT, LATTAKIA HAIFA 0 CALL OUR HOTLINE *****33 CONTACT RAMLAH NOW t! P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES)402 words
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Advertisement1139 1996-03-15 38 Ivgsm I VOY I w JKT [vessel wr I sin pen l^B ISRABHUM ***** Fit lln Pt~ Sun 17/oT BHATRA BHUM 634« Sun 17AM~ Tw 18WM~ QURU BHUM 13SB Sal 16/03 Tua 11/03 B.MAB QUA 6061 Tu> 16/03 Thu 21/03 I H WATHABHUM 88N 8» IMB Wid »W ST" "JJSST1,139 words
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Advertisement725 1996-03-15 38 1 1 DUXTON HILL, SINGAPORE *****3 CR **********0N PORT KLANG p ENANG ¥tsaL wr m m I vcssa vor sm fS gjOSL «B W wo <WB -jjj T Mi ompw w/«w BnutaiTgat m wtoim wpm 'VOW 11/WMH B MJUUD MB3 ff/USO IQ/03SUM w» ngß wwaa Bam wn rvvm iww y«cum725 words
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Advertisement734 1996-03-15 39 i BSA a MYANMA üBBk FIVE STAR UNE 1 (Myumr Nolioaol Um) leedtog hr Yaagoa (Rmjmi) vbse voy sin m m mi 2 BAMAMY3B 71* MPI a PATHBN IMW 20/03 MALAYSIA AGENTS: OOUSTIAO SHVPM6 AGENCIES Hh IE 02-03-2417J00 KL IH 02-03-37*4101 PBt m 02-44-*****02 P6O; TH 02-47-*****21/4 BANK LINE L734 words
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Advertisement957 1996-03-15 39 f PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cecil Street, #03-00 PIL Buildinfl, Singapore *****0. J L I L ri t »CR NO **********06 VMML VOY MN COM JM HOO JftO AOJ *f PZU MBW ASA CAM NATAL NATOIF I#/J 14/3 30/3 1/4 3/4 «/4 3/4 4/4 3/4 3/4 ■UX957 words
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Advertisement896 1996-03-15 39 **********0Z VESSBS VOY~ «N OAAAgTTA LE HAH/RE HAMBURG TIIAMCSPORT ROTTTOAA4 AKTWERP^I VXEOEVELA yi3W 20/03 31/03 08/04 10ZD4 12/04 IVO4 16/04 \fILLE 06 CAPELLA TI«W 28/03 08/04 IVM 17AM 18/04 atVCM 22AM VtLLE OE LIBRA LI4W 02AM 16* M 2VM MM 28/ M 27 AM 2S/04 MLLE PAPULA AT4H 22*04 30AM896 words
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Advertisement2393 1996-03-15 43 TIGER BAY 415N 15-I&C3 20-24/D3 29-3CVO3 I TWER CAPE 416N 19-2003 24-27/03 01-02/04 I TWER ISLAND 417N 22-2303 27-31/03 06-08Y04 I TKJER BRIDGE 418N 2S-2A03 31-03/04 08-0904 I TWER BAY 419N 29-3QC3 03-07,04 12-13/04 I TWER CAPE 420N 01-0204 07-11*04 15-1«04 I I VESSEL VOY SIN CAL SIN TWER SPRING2,393 words
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Advertisement2745 1996-03-15 44 I 19 Kfffß ROAD *02-01 JT POH BUUNNG SMGAPOOf M9OSI M* (a NO-iOiOIHBOOC/W) cusrona savw ns-ins ooommmm mx t nm44 GOOAIUNE TU+4U GCMEIAIFAX ffl-4421 Wit Carry Your Confidence 270-MAS EACH VOICE TDNOIWIMWWtIUCWiOOI WOYCOMOUMMKIIIJMWWCT j~ iw Ihi w|jb iwawmi iwkteumm Imllm I Iwl b« law, mm I«i lire «W mw mm2,745 words
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Advertisement13 1996-03-15 44 p m Singapore Business Giving you the 5 t 8 winning edge l13 words
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Page 45 Advertisements
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Advertisement778 1996-03-15 45 PRT FCL/LCL CONSOLIDATION ALY/SINGAPORE invading Services (MFS) »noa and Milan •affAt Your Service: NICHOLAS/SALH A/MARIA DID 277-1077/71/75 IS BBBB|BBi||B||l|||||i||||||^^|B||B|Bßßßß||||||||i|(||||i||-B|||||B|||||B|B||||||l||||||||B^^^|BBißißia|ii|i|||||||||^^ 11 w *-1 SUPER EXPRESS SERVICE TO SEA J lAL SHIPPING AGENCY (S) PTE LTD TEL NOS: *****66 (INBOUND) *****77 (OPS) FAX: *****33 CF3: *****31/*****42 ZS. CR NO. **********0Z INBOUND FROM778 words
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Advertisement1745 1996-03-15 45 Si™ n« IU? 'Sr" nT tut "Si Sr 5S> 1 g uaw 55"Hjj —KS SL an —So —Sr"? 11 —J" 1 gur i!S JiS !Sf its ?K SS 55 EST S iS? "88KSS SS ■tuna lilt nn mr ji« out im lui iu< mum Sm *•> iiS iui *ji »»»•>»•«1,745 words
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Page 46 Advertisements
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Advertisement1103 1996-03-15 46 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 TEL: *****81-3 FAX: *****36 (3 HUNTIN6 LINES) TLX: R*****0 BOOKINGS CALL DIBECT LIME: *****41/*****43 JESSICA/CELIA EEBHMIIIiH 7SLGS/WEEK billiMUil 3slgs/WEEK |vp» VOY ISm I JAK [VESSEL IVOY IBX |SUW XOURTINGGI XTGOO7 17/03 (SUN) 20/03 (WED) ORIENT INDEPENDENCE 9731,103 words
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Advertisement315 1996-03-15 46 TpQ PHILI OniCNT Y** LIN€S PT€ LTD ®TEL: *****00 (16 LINES) FAX: *****70/*****38 Of WJ CR COOK: 10M78S0000H PI mum 03-*****98 PKNANQ TM RSSSSS SYDNEY, MELBOURNE, BRISBANE, 19 MAR I AUCKLANO, WELUNGTON, LYTTLETON, 18 MAR I NAPIER, CHRISTCHURCH, NEW PLYMOUTH I LONDON, FELIXSTOWE, L£ HAVRE, 18 MAR I ROTTERDAM, HAMBURG,315 words
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Page 47 Advertisements
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Advertisement505 1996-03-15 47 Singapore Soviet Shipping Co. Pte. Ltd. C«NO: **********0K BOMBAY/COCHIN Iveooel wy am bom coc M. ,i XOUfi OCMMI 410 10/03 20/03 ORIENT STRIOE 001 20*09 20/03 MEKHAMK KURAKO MKION 27/09 04AM TRADE FAST TFBIS6 20/00 00/04 Hi 1 REfIULAR ILYICHEVSK SERVICE (VEBBEU VOY I S PORE I ILYCHEVBK EVER GATHER505 words
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Advertisement397 1996-03-15 47 SIM FAR EAST 1 19/03 KEELUNG/KAOHSIUNG 17/03 BANGKOK 17/03 MANILA/CEBU 17/03 JAKARTA/BELAWAN/SURABAYA 17/03 PORT KELAN6/PENANG/E. MALAYSIA 17/03 BUS AM 17/03 TOKYO/YOKO/KOBE/NGO/OSA I i 17/03 HONG KONG 1 SIM CHINA (+a#±S;en) 17/03 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG HANJIN/QINGOAO/HAJKOU also accepting LCL cargo SIM EUROPEAJK 17/03 LDN/FLX/LVP/SOU 18/03 RDM/HAM/ANT/lfH/G OA/OS L/GOT/BCN also accepting cargo397 words
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Advertisement511 1996-03-15 47 STAR SHIPPING AGENCIES (S) PTE LTD zSkohtam* service GOLD ST At UK LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6*66 (8 UNES) FAX: *****70 W: *****12 (MARKETING) (CR NO. 1Q31M3000K) N. AMBICA/CARIttEAN SERVICE mi |m m lIMI M I Iwt I HUM—I M H/M L JMMKA H 17/04 M/M M/M M/M M/M511 words
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Advertisement953 1996-03-15 47 KssssssSEl^wi»s!y!rA2!!!Ywus!»ssssMuimoen^^^^^^^^n^^'"">fiHroE96i H/ I (Ol NOi 1M*****000M j®. J NEPTUNEUNK TH. (03| J63W23 jO I BOOIQNB® HOVUNI TOi US, CANAOk, UK/BJROPE, AUSTRAUA, -Mi 'A I K-L- (03) *****33, ife> a■a a I MIOSUN. HONGKONG. IAMAN, JAMN V '.ee.' I PMtxv (03) 3689M7 MSB IVWar I IMi 1-MIO-2717M0 (TOUrfRH) I irui y?»7-w^953 words
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Advertisement135 1996-03-15 47 >. v > <*,*:•> TOKYO SHIMM KAIUN CO PTS LTD n!!N 10 ANSON ROAD *23-15 lllld MTBVMJIONAL PLAZA S*PO«E 0297 TBj *****28 (6 LINES) MXI *****0S A *****10 CM: **********0 C 41 J--1 SERVICE TPs FAR EAST/CHINA/EUROPfe 18/03/90) TOKYO, YOKOHAMA, KOBE NAOOYA -5 A 18/03/16) OSAKA, USA 16/03/961 HONQKONQ AND135 words
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Advertisement641 1996-03-15 48 g Ad SINO IXnill SHIMINO (PTI) LTD. 1 I 11 COLLYm QUAY 006-01 THB ARCADC SINGAPORE 0104. -V—taJ TIL: *****00 (4 UNCS) FAX} *****08 TLX: R*****1 BMOEX INOIHAW SHAHOHAI (CONTAINER SERVICE) IK/HKQ/SMAI z rpom < HKQ 3HAI V33IL ¥0Y TA TP ITA I FTP WA I HP cwHQYtm oeavatiM cMfl641 words
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Advertisement298 1996-03-15 48 j Lowest RATES to:S HAMB/FXT/R'DAM mv'HANJIN FELIXSTOWE" V.028W ETA 18/3 USs2o++ I I HONGKONG mv "WAN HAI" 222 V. N023 ETA 17/3 BANGKOK mv"RATHA BHUM"V.99N ETA 16/3 CALL: EILEEN, PHYLISS, XIUHUA I B rI s, isl ISi I g^s—?Thb.l"l i■ I jjg f-tfllHl J s ESBiEt Iw BF t4# 5E298 words
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Advertisement172 1996-03-15 48 ATTRACTIVE FCL/LCL RATES TO;., Indian Sub-Continent Port. MADRAS /BOMBAY/ CALCUTTA /COLOMBO/ enquiries BOOWJ*JG§^j I M Astro Stripping Pte Ltd WEEKLY CONSOLIDATION SERVICE— S MMO4MI2 LUES) /fU 32MOro W #»•> O.K. LINE 4 FULL CONTAINER SERVICE 'ZZI 8 1 PORE/JAKARTA VOY SM JKT IN IMB IMS tnbmbw iiTVim nm tm S'PORE/SURABAYA/SEMARANG172 words
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Page 49 Miscellaneous
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Miscellaneous114 1996-03-15 49 LIGCHO. R Thunderstorm Twnporotur. •<, A y Shower Woothtr Wind (*r«ct4oo with spood in knots Rain U Cloudy Sky Wov *<"*«• Mic«t«4 by arrows wMdl Ay tlw wM Ona h* crcW represents calm or Rght and vanaMo winds i_» One half fWchc represents 5 knots 1 One h4 fleche represents114 words
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Page 50 Advertisements
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Advertisement163 1996-03-15 50 NOTICE TO TRADE FAR EAST/MIDDLE-EAST (ARAB IRAN) FAR EAST/SOUTH ASIA (INDIA, PAKISTAN, BANGLADESH SRI LANKA) Following a review of Reefer Terminal Handling Charge (THC) in Singapore, the undermentioned Shipping Lines wish to announce the implementation of a 30 percent Reefer THC Premium on top of THC for dry cargo. The163 words
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