The Business Times, 1 April 1997

Microfilm: NL20874
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85l SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY, APRIL 1,1997
    13 words
  • Article
    MARKET SUMMARY
    9 1 OmN{-!S.8) Q rl*M (-17 .s*o HHB BTHBA
    9 words
  • Article
    FINANCE
    20 1 un US* 1.445 I f um tail (JH 1k» iSntS 1 .My WWMM CMS UN -n* (Source: NatWest Bank)
    20 words
  • Article
    Analysts see 13-14% EPS growth for 1997
    586 1  -  Better-than-expected results just released prompt upward revision By] R Sivanithy [SINGAPORE] With the slightly better than expected results in the reporting season which ended yesterday, analysts are now bumping up their forecasts for 1997 earnings per share (EPS) growth to about 13 to
    586 words
  • Article, Illustration
    Lock icon M1's got S'pore eagerly waiting...
    58 1 [SINGAPORE] Monday night has never been busier at Boat Quay. More than s,ooopeople turned up yesterday for the launch qf Singapore's newest mobile phone operator Mobile One. But the show which had promised "a carnival of daredevil stunts" had to be postponed to Wednesday because
    ARTHUR LEE  -  58 words
  • Article, Illustration
    L&M surprises with 1-for-1 rights issue at 60 cents a share
    511 1  -  $90m cash call mean t to finance a number of Indon projects By] Lee Han Shih [SINGAPORE] L&M Group Investments, which shocked the market with huge writeoffs just three months ago, is now asking shareholders for a cash injection
    511 words
  • Article
    Lock icon Indian stocks dive 8% after Congress move
    156 1 Bloomberg, Reuter [BOMBAY] India's main stock index plunged 8.2 per cent yesterday on the first day of trading after the Congress Party withdrew crucial support to the United Front government of Premier H D Deve Gowda, reducing It to a minority. At the
    Bloomberg,; Reuter  -  156 words
  • Article
    KL property and banking stocks take a beating
    500 1  -  Further selling may poll Composite Index down to 1,150: analyst From] Eddie Toh in Kuala Lumpur THE Malaysian stock market is expected to come under further selling pressure after the sharp fall yesterday triggered off by the central bank's new measures to
    500 words
  • Article
    Lock icon Dow down 114 at 12.30pm
    48 1 Reuter [NEW YORK] Wall Street stocks plunged yesterday morning, with the loss widening to 114.81 points at &625.79 by 12.30pm EST. Analysts stlf the fidl, following a 140-poiflt sell-off last week, was due partly to anxiety ahead of this Friday's March employment data.—Renter
    Reuter  -  48 words
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      54 1 wiiism I IHHHI OUwrtSSwaroed China's leaden that the US would defcnd Taiwan if it WW latlfu price 81 Notlikeiyto Won't do much to lift company's downbeat profit ftraat for 1907. ?tWWTHIiTB SINGAPORE 2 PROPERTY 4 REGION *7 WORLD 11 EDITORIAL 13 TV 15 COMPANIES 17-30 FINANCE 21-22 CORP REVIEW 24-25
      54 words
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      83 1 Fall earnings and more sectoral reports, Pg 24-25 Dot* Gowda gets extension on vote of confidence, Pg 7 V o I H J* t—' Vw t N* *•< V r ;.<L> x.; •v -v v 'ro-cf' c>"'> :> O'CS x t ("5 i '.£>' i > >«£ t-i f 'y
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Industry will continue to be main focus in Sg Kadut: DGP
      430 2  -  Development guide ihaws tittle major change in planned uses By] Diana Oon THE Sungei Kadut planning area will continue to be used as an industrial area to provide employment in the northern part of Singapore, according to development plans
      430 words
    • Article
      NSTB spins off seven research institutes
      347 2  -  Antonouy move aims to make them more responsive to industry By Raju Chellam THE National Science and Technology Board (NSTB) has hived off, with effect from today, seven of Singapore's nine national research institutes as autonomous companies. The seven are the Institute of Molecular
      347 words
    • Article, Illustration
      Admin Service: 700 mid-career applicants but only two chosen
      490 2  -  By i Chuang Peck Ming ALTHOUGH more than 700 mid-career candidates from the private sector have applied to join the government's elite Administrative Service, only two have been hired. "Despite our best efforts, we have only recruited two administrative officers this
      490 words
    • Article
      Jump in termination of JTC factory leases
      199 2 THE recent electronics slowdown led to a sharp jump in the termination of Jurong Town Corporation (JTC) factory leases last year. Industrial landlord JTC's 1996 year-end review and performance report released yesterday said electronics companies consolidating their operations accounted for most of the
      199 words
    • Article, Illustration
      Lock icon Go-ahead for 6 in Viet industrial park
      296 2 THE first six companies to invest in the Vietnam-Singapore Industrial Park (VSIP) received their investment licences here yesterday. Do ter of of Planning andfftivestment, presented the fences to the pioneer investors MBT Singapore, Nihon Parkerizing, Liwayway Food Industries, Alcamax Packaging, Transport Technologies International
      AFP  -  296 words
    • Article
      TAS sees itself increasingly playing mediator
      292 2 It wants to ensure fair competition as telecom market liberalises AS SINGAPORE'S telecom market liberalises, the Telecommunication Authority of Singapore sees itself increasingly playing the role of mediator. ensuring fair competition. "What we want is a vibrant telecommunication industry, capable of sustaining itself domestically
      292 words
    • Article
      Seeing S'pore from a bullock-cart or horse-carriage
      487 2  -  New firm hopes to got nod to provide such rides in city By Lau Guan Heng BULLOCK carts and horsedrawn carriages could join snake charmers and street performers in an effort to liven up Singapore and add spontaneity to its society. A local
      487 words
    • Article, Illustration
      Lock icon ACU assets up 8.6% in Jan
      342 2  -  EYE ON THE ECONOMY Finance By S Shiv Taneja TOTAL assets of the Asian dollar market have been rising steadily over the past couple of months, latest data from the Monetary Authority of Singapore show. At the end of January, assets of Asian Currency
      Source:  -  342 words
    • Article
      Rain postpones M1's show but guests continue partying
      328 2  -  By i Catherine Ong THE show didn't go on but the party did. Heavy rain wiped out what promised to be a three-hour launch extravaganza for Singapore's newest cellular phone operator, Mobile One, at Boat Quay last night. More than 5,000 people
      328 words
    • Article
      SingNet cutting charges for ISDN access
      284 2 SINGNET yesterday announced it is reducing charges for its ISDN access which dials up the Internet at very high speeds by up to 58 per cent. Low-volume users of the Sing Net ISDN (Integrated Services Digital Network) 64 kbps service benefit the most per-centage-wise
      284 words
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      248 3 Centennial fow I I 3 j>i b ;;sgaM 1 Bold Distinctive and Inspiring is how SOTI would the sptc acu(ar o/ w M L, U"1 "j.t. r- Um Y >lxse a r,ln es JJJ !JJ Rosenquist Dale Cbihuly specially commissioned Singapore and its large, column-freefloors offer maximum that could easily
      248 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Will Westville go below that crucial $1m level?
      689 4  -  THE PROPERTY COLUMN FCC may have to sell Its 99-year landed for under $lm if sentiment remains poor By Lee Han Shih IF SENTIMENT in the property market does not improve, listed First Capital Corporation may soon find itself gaining a dubious
      689 words
    • Article
      No-frills. 4-star hotel opens doors
      102 4 [SINGAPORE] Singapore's first no-frills four-star hotel, the 476-room Merchant Court Hotel Singapore, opened for business yesterday. The self-styled "urban resort" hotel, in the Clarke Quay area, is targeted at the middlescale corporate traveller. One of its no-frills features is a self-service launderette. The minibar is
      102 words
    • Article, Illustration
      Lock icon Up for sale — only the super rich need apply
      842 4 Up for sale only the super rich need apply Prime homes in the world's major cities are beyond the reach of the merely rich FT [LONDON) Being a millionaire no longer guarantees entry to the world's prime property club. From London to New York and Toyko, the best houses and
      FT; FILE PHOTO  -  842 words
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      107 4 Chesterton INVESTMENT 221-8288 IMBI null■iiiiiiiiin in l aiin in >>:, 1 T <" <# .-£***-w i 9 w 'ipw 9 f fc, W ''Vk WvL ~1 H SK V I JR <msw -Si wil ™JSBBawfi#KWasHHHHSHBSBBS*HKIHSbwaSF The way Italians like it. I_TJ If J eGgy Get the most wicked desserts-to-die-for at
      107 words
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      64 4 C ity Lets International LONDON HONG KONG SINGAPORE For further details and Corporate brochure please contact Sabreena Andriesz City Lets (Singapore) Pte Ltd ~06-09 International Bldg 360 Orchard Road Singapore *****9 Tel: 835 0665 Fax: 835 0667 SHELL TOWER FITTED OFFICE Approx. 13,401 sq ft High Floor with seaview Column
      64 words
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      113 4 ANG MO KIO STREET 64 Purpose-built single storey factory/warehouse with 3-storey office block Site area: approx 38,763 sq ft Built in area: approx 45,887 sq ft HDB lease 30+30 yrs w.e.f. 1 Dec 1988 Prominent Frontage Proximity to food convenience, CTE and Yio Chu Kang MRT Station Tender Closing Date
      113 words
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      65 5 I It's time to talk... I Q A. {l/ IHI m tpb> I ...about simple choices in I I mobile phone and paging services. I At Ml, all good things come in pairs. You'll find simple and friendly choices in both mobile phone and paging service plans that'll suit you.
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  • REGION
    • Article, Illustration
      Jakarta sends geologists to verify shock claims
      478 6  -  BUSANG GOLD SAGA Move seen as bid by Mines Energy Ministry to restore investor confidence, improve its image From\ S N Vasuki in Jakarta INDONESIA'S Mines Energy Ministry is despatching a team of geologists to independently verify shock claims that the Busang gold
      478 words
    • Article
      Lock icon Taiwan threatens to fine Formosa group over China project
      406 6 TAIPEI Probe into sources of fands remitted for USs3b power project AFP Bloomberg TAIWAN vowed yesterday to penalise petrochemical giant Formosa Plastics Group (FPG) for its unauthorised investment in a US$3 billion (554.3 billion) power project in China, causing a slump
      AFP; Bloomberg  -  406 words
    • Article, Illustration
      Lock icon Chavalit visits Ho Chi Minh Mausoleum
      49 6 [HANOI] Thai Prime Minister Chavalit Yongchaiyudh leaving Ho Chi Minh's Mausoleum in Hanoi yesterday. Mr Chavalit, on a 24-hour visit to Vietnam, has steered clear of the spat between Beijing and Hanoi over Chinese drilling for oil in a disputed maritime area. REUTER
      REUTER  -  49 words
    • Article
      Lock icon Cambodian grenade attack rattles investors
      286 6 ■PHNOM PENH Reuter SUNDAY'S deadly grenade attack has sent jitters through Cambodia's business community and could stall new foreign investment for months, analysts said yesterday. "Our economy is so fragile now everyone is very concerned it will have long-term repercussions," said Tep Rithivit, a Cambodian-Canadian
      Reuter  -  286 words
    • Article
      Lock icon Beijing acts to stop loans intended for speculation in Hongkong
      305 6 HONGKONG AFP BEIJING has sought to stop unauthorised funds flowing from China into Hongkong, after state banks dished out US$2 billion (552.88 billion) in credit to mainland speculators in the territory, a daily said yesterday. The Hong Kong Standard said
      AFP  -  305 words
    • Article
      Lock icon Taipei rejects V-P offer from Beijing
      358 6 TAIPEI Jiang China has told Taiwan it won't send any officials over after reunification AFP TAIWAN yesterday brushed aside Beijing's first reported offer to allow the Taiwanese president to serve as the vicepresident of China once the two sides are reunified. Japanese newspapers in
      AFP  -  358 words
    • NOTE Book
      • Article
        Lock icon Muslim party blames ulemas for riots
        56 6 AFP [JAKARTA] Indonesia's main Muslim party has accused some ulemas, Muslim doctors of sacred law and theology, of inciting last week's riots in a small Central Java town, the Indonesian Observer reported yesterday. The United Development Party (PPP) said a number of ulemas delivered
        AFP  -  56 words
      • Article, Illustration
        Lock icon Reading the Bishop's words
        54 6 AFP [JAKARTA] An Indonesian youth leafing through East Timorese Bishop and Nobel prize laureate Carlos Filipe Ximenes Beta's book Voice of the Voiceless in a bookshop yesterday. The collection of interviews with the Bishop, and another book For the Sake of Justice and Peace were released
        AFP  -  54 words
      • Article
        Lock icon Investments in Philippines exceed target
        55 6 Bloomberg {MANILA] Encouraged by an accelerating economy, local and foreign investors poured 490.2 billion pesos (5J26.9 billion) into the Philippines in 1996,25.2 billion pesos above the government's target. The Office of the President said that by country, Japan was the single biggest foreign direct investor
        Bloomberg  -  55 words
      • Article
        Lock icon China-Vietnam talks on maritime claims
        43 6 AFP [HANOI] China has agreed to meet Vietnam as soon as possible to discuss the disputed maritime claims triggered by a Chinese oil rig outside the Gulf of Tonkin, a Vietnam Foreign Affairs Ministry official said yesterday. —AFP
        AFP  -  43 words
      • Article
        Lock icon Thailand to slash IT import tariffs
        72 6 AFX-Asia [BANGKOK] Thailand has signed up to eliminate import tariffs on nearly all information technology products by the year 2000, except for some sensitive items such as telephone handsets and fibre optic cable, which will carry zero tariff by 2005, Thailand's Ambassador to the
        AFX-Asia  -  72 words
    • ASIA Notes
      • Article
        Lock icon India eases import laws
        65 7 AFP [NEW DELHI] The Indian government liberalised import laws yesterday, opening the door to more than 500 new imports while announcing its five-year trade policy for the fiscal year to March 2002. Commerce Minister B B Ramaiah said 542 items, including agro-products and processed foods such
        AFP  -  65 words
      • Article
        Lock icon More Japan execs see gradual recovery
        67 7 AFP [TOKYO] An increasing number of Japanese company executives believe the economy has entered a gradual but steady recovery, the Yomiuri Shimbun said yesterday. The survey of 100 companies, conducted between March 10 and March 19, showed top management executives at 45 companies judged
        AFP  -  67 words
      • Article
        Lock icon Reciprocal visits by Hashimoto,Li Peng
        56 7 AFP [TOKYO] Japanese Prime Minister Ryutaro Hashimoto will visit China in early September, following a weekend accord on an exchange of visits by the two nations' premiers, the Tokyo Shimbun repented yesterday. Chinese Premier Li Peng will likely visit Japan in early November, the Tokyo-based
        AFP  -  56 words
    • Article
      Foreign bank may take equity in ailing Nippon Credit: report
      452 7  -  TOKYO lie-up would make it first Japan bank to be partly owned by a foreign bank By. Anthony Rowley JAPAN'S Nippon Credit Bank may become the first Japanese bank to be at least partly owned by a foreign bank under
      452 words
    • Article
      Lock icon South Korea announces budget cuts, finance sector reforms
      636 7 SEOUL Moves include raising foreign ownership limit in listed firms; liberalising foreign fand inflows AFP, Bloomberg SOUTH Korea yesterday announced a series of budget cuts and sweeping plans to accelerate reform of its arcane financial markets to help its ailing economy. "In
      AFP,; Bloomberg  -  636 words
    • Article, Illustration
      Lock icon Deve Gowda gets extension on vote of confidence
      470 7 INDIA'S POLITICAL CRISIS grres mm four more days until April 11 AFP, Reuter [NEW DELHI] India's Prime Minister H D Deve Gowda, who was earlier yesterday asked by President Shankar Dayal Sharma to face a confidence vote in parliament by April 7,
      AFP,; Reuter; REUTER  -  470 words
    • Article
      Lock icon Kim's economic affairs office accused of role in Hanbo loans
      314 7 hambo AFP [SEOUL] South Korean President Kim Young Sam's economic affairs office has been accused of arranging preferential loans for the bankrupt Hanbo conglomerate, a court heard yesterday. A defence lawyer for Hwang Byong Tae, a ruling party lawmaker indicted
      AFP  -  314 words
    • Article
      Lock icon Japan govt to buy 380b yen of bad debt land
      234 7 TOKYO Bloomberg Renter, AFP THE Japanese government said it will purchase 380 billion yen (554.4 billion) of land held as collateral for bad loans in the year starting today. The purchase is part of a package of measures announced yesterday,
      Bloomberg; Renter,; AFP  -  234 words
    • Article, Illustration
      Lock icon Ex-cabinet secretary defends '93 Tokyo sex slaves statement
      308 7 AFP [TOKYO) Japan's former chief cabinet secretary Yohei Kono has defended a 1993 government statement which for the first time admitted the use of force in recruiting Asian women to work as sex slaves during the war, a newspaper reported yesterday. "It
      AFP  -  308 words
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      114 6 Busang: where money men gave in to greed, Pg 13 HAt our guests can expect ''Yes I Can" 5 star service in Shah Alam Bsfl Hardly surprising, considering they also enjoy the full luxury of a 5 star hotel at only half the price. But then that's something you can
      114 words
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      10 6 US will step in if China attacks Taiwan: Gingrich, Pgll
      10 words
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      109 7 Tung Centre 1,566 sf 3,165 sf Parkway Parade 925.36 sf/1,592.48 sf Parkway Parade 15,537.44 sf (enbloc) A-Z Building 1,991 sf to 13,982 sf 172/174 Paya Lebar Road Short term lease 15,435.58 sf/14,477.58 sf First Capital Property Management Pte Ltd zzz. zr (A member of First Capital Corporation Group) Tel: 437
      109 words
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      Page 7 Advertisements Column 2
      119 7 The University of hull "One of the most established in Singapore!" Hmba Singapore 21st Intake July '97 I FIRST to offer TQM and a Systems Approach to Creative Problem Solving FIRST to offer Entrepreneurship and Project Management as core modules Completion in 21 months *312 April' 97 seminar hours; 100%
      119 words
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      43 8 JiiK 1 mmO/ your mobile /O phone monthly j J/\CC subscription for I 6 months I Hlk* /Ihf. |H^*u My| i 1 I Mi Numeric Paging Mi Message Paging A Months Mi Secretarial Service Mi Ftod Message Paging I I Paging subscription I
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      102 9 (jrime (jltimate (lifestyle I T f S ur mobile 1 I to sign up I -jrftii*lok v jfo. /T B Birthday H| Sign up today for Mi's mobile phone and paging H plans at any of the outlets listed below. And be part H of the network that has got
      102 words
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      1385 10 Singapore Technologies Industrial SINGAPORE TECHNOLOGIES INDUSTRIAL CORPORATION LTD (Incorporated in the Republic of Singapore) Unaudited Full Year Financial Statement and Dividend Announcement The Board of Directors of Singapore Technologies Industrial Corporation Ltd is pleased to announce the following unaudited results of the Group and Company for the year ended 31
      1,385 words
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  • THE WORLD
    • Article, Illustration
      Lock icon US will step in if China attacks Taiwan: Gingrich
      497 11 SHANGHAI US Speaker says he warned top Chinese leaders; no public response from China NYT SPEAKING with startling bluntness on an issue so delicate that diplomats have tiptoed around it for years, House Speaker Newt Gingrich said Sunday that he had
      NYT; REUTER  -  497 words
    • WORLD Watch
      • Article
        Lock icon Yeltsin okays draft pact with Belarus
        70 11 Reuter [MOSCOW] President Boris Yeltsin yesterday gave the green light to a draft treaty that would push Russia into a union with Belarus, despite liberals' fears that he might be signing away some of his powers to a hardliner. Foreign affairs adviser Dmitry Ryurikov
        Reuter  -  70 words
      • Article
        Lock icon Arab-Europe ties linked to M-E peace
        49 11 AFP [CAIRO] Arab ministers engaged in a partnership deal with Europe yesterday linked future security cooperation to progress in Mid-East peace. "Security cooperation between northern and southern Mediterranean countries depends on progress in the peace process," Algerian Foreign Minister Ahmad Attaf said. AFP
        AFP  -  49 words
      • Article
        Lock icon Albanians mourn refugees, slam Italy
        78 11 Reuter [TIRANA] Albania yesterday united in grief for refugees who drowned in a shipwreck off Italy, triggering protests against Rome which is poised to lead a multinational force to protect aid to the lawless country. In rebel-held Vlore, the southern port from where the boat
        Reuter  -  78 words
      • Article
        Lock icon Clinton names commander for Nato
        62 11 Reuter [WASHINGTON] US President Bill Clinton has chosen Army Gen Wesley Clark to become commander of all allied Nato forces in Europe and head of US forces in Europe, a senior Pentagon official said yesterday. Gen Clark, 52, was a key member of the American
        Reuter  -  62 words
    • Article
      Lock icon Russia-IMF pact could be signed next month
      207 11 Moscow Reuter A DEAL between Russia and the International Monetary Fund detailing economic plans for this year could be signed next month, a senior Russian minister was quoted as saying yesterday. But Interfax news agency quoted Yevgeny Yasin, minister in charge of Russian
      Reuter  -  207 words
    • Article
      Lock icon No going back to union power: Blair
      337 11 LONDON He says Labour lias undergone radical transformation AFP LABOUR Party leader Tony Blair, who is on course to be Britain's next prime minister, vowed in an open letter published yesterday in The Times that if Labour won the general election there would
      AFP  -  337 words
    • Article
      Lock icon Feb's 0.9% rise in US personal income faster than expected
      461 11 WASHINGTON Spending rises 0.3%, expected to continue at a rapid clip Bloomberg AMERICANS' incomes jumped another notch in February, led by gains in wages and salaries, a reminder of concerns raised by Federal Reserve chairman Alan Greenspan that rising wages
      Bloomberg  -  461 words
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      273 11 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services arc available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
      273 words
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      176 11 P/jl ASIA'S BIGGEST SECURITY I Kfl T AND FIRE SAFETY SHOWS FIRE, lOtzdSl ARE BACK! ■"■■111"™" ASIA '97 A yppppp. TECHNICAL PROGRAM Transportation Distribution Security lISSM'97 VIII international seminar TnieAlarm one solution to the problem on security at Mauritius of false alarms from smoke detectors Take the profitability out of
      176 words
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      267 12 I It's time to talk... I I I I (Jrime I H $20 worth of free local calls H H For just $40 a month H K only $20 a month H (for months) t( H t »jv |H I fj m Y I H Uvi For just $30 a
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  • EDITORIAL & OPINION
    • Article, Illustration
      Busang: where money men gave in to greed
      818 13  -  THE BOTTOM LHVE OPINION By S N Vasuki The writer is BT's Jakarta correspondent THE Busang gold saga, one analyst wistfully said last week, has ail the elements of a good Alfred Hitchcock movie suspense, drama and intrigue. However, institutional investors, who
      818 words
    • Article
      IN OTHER WORDS
      113 13 'Michael had found what he was looking for... the treasure as the Lord would say. He went to look for new treasures... he was rewarded, he found it But it seems God did not want to grant him this reward as better rewards await him.' Reverend F
      113 words
    • Article
      A new era of competitive telecoms
      615 13 EDITORIAL SINGAPORE'S telecommunications history has reached a major milestone today. For the first time since telephones were introduced in this country 118 years ago, residents have a choice: stick with the monopoly they have been used to, or switch to a competitor. Although liberalisation
      615 words
    • Article, Illustration
      Lock icon Human factor behind banks' trading losses
      1052 13  -  Pressured to succeed, financial traders take ever more risks which turn into ever larger losses By. David Callaway Bloomberg WHEN British merchant banking group Barings collapsed in early 1995 amid US$l.4 billion (552.02 billion) in derivatives losses, Nat West Markets began an immediate check
      Bloomberg; Q  -  1,052 words
    • Article
      WHAT THE OTHERS SAY
      902 13 ftiprMlM o#»«lrtwg Ufa THE world's first assistedsuicide law died last week in Australia, but not without a struggle. Four people killed themselves after the country's Northern Territory legalised voluntary euthanasia as of last July and the doctor who assisted them begged senators on Tuesday for the
      902 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      28 13 POOMESBPRY By Garry Trudeau SO WHAT MISCH/&! UH...RJ6HT. AS LONG A3 ON MY WN6SYOU HtmMKUS rsteour I rrpoestrr mothcrs TOyJBXSZY, TOOR6ANI2S B&FOR.A JOBS'COTS INVOLVE 6RAVB. oooocAtjee, of'&i> I
      28 words
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      296 14 I It's time to talk... I I I jJb Mi Numeric Paging Mi Message Paging H flfl FREE Unlimited numeric pages Page Box FREE Unlimited numeric messages 20 message Message Sequence Number Call Barring pages Internet Paging Message Sequence Number For just $14 a month Page Box Canned Call Barring
      296 words
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      447 15 SINGAPORE BUSINESSGiving you the winning edge Where to wine, dine and entertain I I unorv Seafood iresh I mm the N< KTLT£^^B^Pvm >UTSID6 CRD AMPLE FREE P A J house Original Nonya Recipe TWO DECADES OLD At the New Luna Coffee House Nonva Buffet Lunch $18.00+++(Adult) Fop reservations, please $12.00+++(Chikf)
      447 words
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      10 15 VSTWWVfffllv/y 1 im 11 if#] j KaFz^Wiijffl jf>TJyU ■■ei^e^bi HI
      10 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      809 15 TV&RADIO HI L3S The Extraordinary. 8.00 Berita 12 (News). 120 By Demand. 840 Konsert Mesra. PM The Winners. 3JO The Three Stooges. 940 CPR DH 340 Money, Money Money. Hogan's Heroes. 10.00 Japan Hour. 340 How to Succeed in Busl- 4.00 All Creatures Great 1140 TV Innovations. ZILLK r s
      809 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      171 15 CRYPTIC CROSSWORD the th perT^n? 27Percy foUowsTottenham (7) 7 Dol 28 The lady collapsed, suggest io^i e 0 gf rson for a tu B" YESTERDAY'S SOLUTION ing demise (7) (SAB) down Bln spring, lovely part of Lon- 1 M"| h hH don(7) 'MB I B' IBr-MroyryY 1 One strangely claims
      171 words
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      139 16 m SjKH m <--" n jBflK 1 i^B 8888 dWr t «jv HI j r gjjßj mi H H J fi ""1 I S S I 1 ...simple and instant I I service activation... Hi t H |R I for all your needs... %|figf' C I SHI 9^H I ...at
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  • COMPANIES & MARKETS
    • Article
      SembCorp, JSL modify deal to fight competition
      543 17  -  Merger terms revised in move to create region's largest shipyard group By i Conrad Raj [SINGAPORE] Sembawang Corporation announced yesterday that it has revised its merger terms with Jurong Shipyard to inject only its shipyard business into the latter. This will create the
      543 words
    • Article, Illustration
      Lock icon Scotts back in the black with interim profit of $1.2m
      384 17  -  Pood court closure for renovations likely to affect second half By < Conrad Raj [SINGAPORE] Beleaguered service apartments operator Scotts Holdings returned to the black during the six months to Dec 31, but warned that the second half performance will
      FILE PHOTO  -  384 words
    • Article
      Property becomes the main earnings engine for SBS
      589 17  -  HOCK LOCK SIEW Christopher Tan Transport-based Singapore Bus Service has every reason to be proud of its 1996 performance, in which a maiden contribution from its first property project yielded close to $30 million in pre-tax profit. The boost, from its King
      589 words
    • Article, Illustration
      Lock icon STIC exceeds expectations with 22% rise in profit to $66.5m
      438 17  -  But start-up costs from Bintan park hurt joint venture income By Jennifer Lien [SINGAPORE] Singapore Technologies Industrial Corp (STIC) yesterday posted a net profit gain of 22 per cent to $66.55 million for the year ended Dec 31,1996. This is
      Source: Bloomberg  -  438 words
    • Article
      4 counters added to CPF trustee stocks list
      215 17 [SINGAPORE] The Central Provident Fund yesterday updated its list of trustee shares under its investment scheme. New entrants include General Securities Investments Ltd on the mainboard. Sin Soon Huat Ltd on Sesdaq and two unit trusts, Indosuez Asia Vision Fund and Schroeder
      215 words
    • SINGAPORE COMPANIES
      • Article
        Excel Machine 26 times subscribed
        256 18 [SINGAPORE] IPO mania seems to have eased somewhat, with Excel Machine Tools, the latest initial public offer to close, only 26 times subscribed. This is a far cry from the heady days when subscription levels exceeded 100 times. The local machine tools maker, which is
        256 words
      • Article, Illustration
        Lion Teck Chiang launches IPO of 32.5m shares at $1.30 each
        505 18  -  12m shares set aside in a 4-for-l restricted offer to shareholders of BTsian Feedmills By' Ven Sreenivasan [SINGAPORE] Lion Teck Chiang (LTC), the property and steel company created after the Kuala Lumpur-listed Lion Corp's rescue of Malaysian Feedmills (MFL),
        505 words
      • Article, Illustration
        Lock icon Raffles Medical offers shares at 38 cents each
        386 18  -  Offer of 2&53 m shares to the public closes on April 9 By, Jenny Lam [SINGAPORE] Healthcare company Raffles Medical Group (RMG) yesterday launched its public offer of 28.53 million shares at 38 cents each. The Sesdaq-bound company had earlier placed out
        FILE PHOTO  -  386 words
      • Article
        Fels among firms in US$97m Hebei contracts
        447 18  -  By] Lu Ning [SINGAPORE] Five contracts worth U5597.46 million (Ssl4o million) were signed by Singapore investors with the northern Chinese province of Hebei last week at the opening here of the International Trade and Industry Fair '97. Oil rigbuilder Keppel Fels part of
        447 words
      • CORPORATE RESULTS
        • Article
          Ssangyong earnings dive 44%
          122 18 [SINGAPORE] Ssangyong Cement (Singapore) yesterday reported a 44.5 per cent plunge In net profit to $17.2 million for the year ended last Dec 31, and also announced the appointment of a new chairman. Turnover rose 3.5 per cent to $173 million. Relocations and upgrading of some
          122 words
        • Article
          Lower PSC profit despite higher turnover
          61 18 [SINGAPORE] Provisions Suppliers Corporation profit dipped 2.45 per cent to nearly $6.9 million last year despite a 5.4 per cent higher turnover of $154.6 million. Earnings per share on a fully diluted basis fell 10 per cent to 3.07 cents while net tangible asset
          61 words
        • Article
          ANA gain up slightly to $3.9m
          52 18 [SINGAPORE] ANA Hotel posted flat net earnings with a 1.7 per cent rise to nearly $3.9 million last year, on a 4 per cent drop in turnover to nearly $36.9 million and higher operating costs. Earnings per share nudged up 1.8 per cent to
          52 words
        • Article
          Grand Central profit drops 47%
          88 18 [SINGAPORE! Hotel Grand Central's gain dropped a hefty 47 per cent to nearly $5.9 million last year due mainly to a 43 per cent fall in investment income to nearly $1.8 million. The bottomline was also affected by higher borrowing costs and depreciation. Turnover was
          88 words
        • Article
          Hwa Tat Lee goes deeper into red
          73 18 [SINGAPORE] Furniture manufacturer Hwa Tat Lee's losses rose 9.4 per cent to about $4.05 million due to a lower turnover and lower margins as a result of keener competition and the weaker yen. Turnover dipped 0.2 per cent to $82.2 million. The company
          73 words
        • Article
          Zagro betters performance
          80 18 [SINGAPORE] Zagro Asia's net profit rose nearly 10.4 per cent to $5.5 million last year on the back of a 20 per cent jump in turnover to $65.9 million. The company, which was listed last year, said its earnings per share based on the weighted share capital
          80 words
        • Article
          Kian Ho earnings rise 10%
          66 18 [SINGAPORE] Kian Ho Bearings has reported a 10 per cent growth in net profits to $5.1 million and a 3 per cent higher turnover of $70.8 million. The company attributed this to strong overseas demand. Earnings per share on a fully diluted basis fell 11.2
          66 words
        • Article
          Compact Metal profit takes a beating
          80 18 [SINGAPORE] Compact Metal's profit last year plunged 62.4 per cent tp.sL7jpill|endue to sharp increases in interest on borrovf k>ssjdepreciat ion and amortisation and a higher provision for doubtful debts of about $2.4 million. Turnover was up 12.6 per cent to $92.8 million. It also
          80 words
        • Article
          National Kap results worsen
          51 18 [SINGAPORE] National Kap's losses last year widened 48.4 per cent to $3.9 million due to "extremely difficult" market conditions, it said yesterday. Turnover fell 32.75 per cent to $10.96 million. Loss per share was 20.68 cents. Barring unforeseen circumstances, the company expects "gradual improvement" later this
          51 words
        • Article
          Pan Malayan lifts bottomline
          60 18 [SINGAPORE] Property group Pan Malayan Holdings' earnings for 1996 edged up 13 per cent to $3.8 million on a 5 per cent turnover rise to $14.5 million. Earnings per share fell to 7.46 cents from 10.76 cents. It expects to perform satisfactorily this year. Directors said
          60 words
        • Article
          Rotol earnings slide 31%
          62 18 [SINGAPORE] Sesdaq-listed Rotol Singapore's earnings fell 31.9 per cent to $2.9 million on a 26.6 per cent turnover dip to $21.8 million. The company attributed lower turnover and profits to decreased project activities. It said second-half performance was affected by eroded margins in coating and fabrication
          62 words
        • Article
          Eastern Publishing net gain slashed
          72 18 [SINGAPORE] Eastern Publishing's net gain dropped 38.03 per cent to $1.28 million. Turnover rose marginally by 5.94 per cent to $16 million. The group made an extraordinary gain of $1 million resulting from the release of a tax provision made in 1994 In the disposal
          72 words
        • Article
          Poorer results for Omni Mold
          37 18 [SINGAPORE] Sesdaq-listed Omni Mold's profit fell 8 per cent to $1.07 million on a slight turnover increase of 3 per cent to $17.3 million. The directors expect currentyear performance to be satisfactory.
          37 words
        • Article
          Steep drop in Vikay Industrial's net
          73 18 [SINGAPORE] Liquid crystal display maker Vikay Industrial registered a 95.3 per cent drop in net profit to $101,000. Turnover inched up 5.6 per cent to 196.5 million. Vikay blamed its profitability drop to higher interest costs, higher depreciation charge on additional investments and higher
          73 words
        • Article
          Substantial writebacks for RMCA
          96 18 (SINGAPORE] RMCA Reinsurance, which over three years ago announced a major plan to avert insolvency, yesterday declared an excess of income over outgoings of $13.3 million for the half year ended Dec 31. It said many creditor disputes have been resolved, resulting in a substantial writeback
          96 words
        • Article
          Noel's loss widens
          67 18 [SINGAPORE] Noel Gifts International's loss worsened 58 per cent to $972,000 in the six months to Dec 31 on a flat turnover of $7 million. It said group performance was affected by difficult retail market in Singapore and start-up costs abroad. In February this year, the group
          67 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        STI denies rumours of differences with Ayala
        445 19  -  Newspaper claims differences threaten to breakup Globe Telecom partnership From Al Labita in Manila SINGAPORE Telecom International (STI) yesterday denied rumours that management differences with Ayala Corp are threatening to break up their partnership in listed Globe Telecom. "There's absolutely no truth to
        445 words
      • Article
        Ishak of Idris expected to emerge as Aokam's major shareholder
        369 19  -  Aok&m on verge of baying Idris' timber concession From Eddie Toh in Kuala Lumpur WITH the exit of Teh Soon Seng from Aokam Perdana, Ishak Ismail of Idris Hydraulic is expected to emerge as its major shareholder, owning more than
        369 words
      • Article, Illustration
        Lock icon Want Want proposes 1-for-5 bonus issue
        191 19 [SINGAPORE] Taiwan snack maker Want Want Holdings yesterday posted a 15 per cent rise in group net earnings to $65.6 million for 1996 and announced a one-for-five bonus issue. The proposed bonus offer will increase its share capital by 81.76 million shares or U5516.35
        Source: Bloomberg  -  191 words
      • COMPANY Briefs
        • Article
          SBS takes 48% of Avenue Park deal
          64 19 47 units in Avenue Park at Sixth Avenue for $161.1 million, will take a 48 per cent stake in the Keppel Land subsidiary. All but one of the condo's 48 apartments were sold en bloc. Tl» remaining unit will be purchased when certain
          64 words
        • Article
          Oakwell lands two $100 deals
          65 19 {SINGAPORE] Sesdaq-listed Oakwell Engineering said it landed two power purchase deals worth $100 million each from the Electricity Board in the state of Andra Pradesh in India. Oakwell will build and operate two liquid-foal based diesel cycle large Mounted Power Plants of 100 megawatts each,
          65 words
        • Article
          Hai Sun Hup Director resigns
          33 19 [SINGAPORE] Shipping group Hai Sun Hup Group Ltd yesterday announced the resignation of Ho See Beng with immediate effect Mr Ho has been on the board since 1969.
          33 words
        • Article
          HPL buys out HRC Taipei
          57 19 [SINGAPORE] Hotel Properties Ltd's associate company HRC Holdings has increased its shareholding in Hard Rock Cafe Taipei Co from 51 per cent to 100 per cent through a buyout of the remaining shares for NT5238,880 (5512,590). Hard Rock Taipei's Issued and paid-up capital has been
          57 words
        • Article
          Lock icon Joint venture for Bintan hotel
          100 19 Reuter {SINGAPORE] Shangri-La Hotel said it had entered into an agreement with PT Elitindo Citralestari and Madarac Corp to develop a resort hotel on Bintan. The joint venture company, to be Incorporated in Indonesia, would have an authorised share capital of US$2O million (Ss29 million)
          Reuter  -  100 words
        • Article
          SP to store SingTel cables
          68 19 [SINGAPORE] Singapore Telecom has entered into an agreement with Singapore Power (SP), for SP to store SingTel's cables and other telecommunication spares, accessories and equipment in its warehouse. SP will provide the services for an initial period of three years at an annual fee of
          68 words
      • Article, Illustration
        Lock icon KFC pre-tax profit up 47% to M$84m
        252 19 Bernama [KUALA LUMPUR] KFC Holdings (Malaysia) Bhd, Malaysia's largest fast-food conglomerate, recorded a pre-tax profit of M 183.87 million (5548.9 million) for the year ended Dec 31, 1996, representing a rise of 46.6 per cent from M 557.22 million the previous year. Turnover
        Bernama; REUTER  -  252 words
      • Article
        Lock icon Gudang Garam net profit up 79%
        216 19 AFP [JAKARTA] Indonesia's leading cigarette maker PT Gudang Garam posted a 655.2 billion rupiah (***** million) net profit for 1996, a 78.7 per cent jump from the previous year, the company announced here yesterday. Gudang Garam's consolidated financial statement, released in the Jakarta Post
        AFP  -  216 words
      • Article
        Koh Bros posts 6% dip in net profit
        170 19 [SINGAPORE] Koh Brothers recorded a 6 per cent drop in" net earnings to $9 million for* 1996, while turnover for the construction, property and leisure group rose 17 per cent to $250 million. Earnings fell mainly because of lower profits in construction
        170 words
      • Article
        Lock icon Liem raises Jurong Cement stake
        90 19 Reuter [SINGAPORE] Indonesian ty-° coon Liem Sioe Liong has raised his stake in Singapore's Jurong Cement Ltd to 20.42® per cent, Jurong said yester* day. In a notice to the stock ex-* 0 change on changes to the com;' pany's substantial shareholding, it said Kindo
        Reuter  -  90 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon MOU on US$1.4b US-China direct phone link signed
        444 20 AT&T, Sing Tel among 10 firms planning undersea fibre-optic cable connection Bloomberg, AFP [BEIJING] AT&T Corp and nine other telecommunications firms agreed to begin planning a US$l.4 billion (Ss2 billion) undersea fibre-optic cable connecting China and the US. Sprint Corp, MCI Communications
        Bloomberg,; AFP  -  444 words
      • Article
        Lock icon Gadjah Tunggal profit up 30%
        85 20 Bloomberg [SINGAPORE] PT Gadjah Tunggal said 1996 profit rose 30 per cent, more than analysts had expected, as sales rose and losses from minority companies fell. The tyre maker said profit rose to 133.53 billion rupiah (SsBo.l million), or 174 rupiah a share. Sales gained
        Bloomberg  -  85 words
      • Article, Illustration
        Lock icon Indocement's 15.8% profit rise meets expectations
        362 20  -  But analysts expect oversupply of cement this year and next FYom S N Vasuki in Jakarta INDONESIA'S largest cement manufacturer, PT Indocement, yesterday reported a 15.8 per cent jump in net profit for 1996 to 551.48 billion rupiah (*****.9 million) against 475 billion rupiah
        Source: Bloomberg  -  362 words
      • Article
        Lock icon Ascend to buy Cascade for US$3.7b
        112 20 Bloomberg [ALAMEDA, California! Ascend Communications Inc said it will buy Cascade Communications Corp for US$3.7 billion (555.3 billion) in stock, adding products that transmit data at high speeds across computer networks. Ascend will pay U5536.40 a share, a 28 per cent premium over Cascade's
        Bloomberg  -  112 words
      • Article
        Baker Defiance seeks S'pore investors to ward off takeover
        348 20  -  Australian firm also talking with other Asian investors Clarissa Tan [SINGAPORE] Australian miller and baker Defiance Mills is scouting for Singapore white knights to help it ward off an As 97 million (Ssllo million) takeover, its chairman Tom O'Brien said. Defiance,
        348 words
      • Article
        Lock icon Three more big Japanese brokerages under probe: report
        221 20 Bloomberg (TOKYO] The Nomura Securities Co scandal has spilled over and splashed Japan's three other big brokerages. The Asahi daily newspaper, citing unnamed sources, said authorities are also probing them for links to a racketeer. The authorities have not made formal allegations
        Bloomberg  -  221 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon DJ starting new Asian equity product
        609 21  -  Dew Janes Markets at final stage of strategic tie-op with Asian partners By Larry Wee [SINGAPORE] Dow Jones Markets (DJM) will announce "within weeks" a strategic alliance with Asian partners to launch a new, fully-integrated equity service for Asian markets. Although he declined to
        ARTHUR LEE  -  609 words
      • Article
        Lock icon Bangkok acts to deal with LPG oversupply
        357 21 Petroleum authority n ifktil to plan urgent measures after 56% output jnmp forecast Reuter [BANGKOK] The Thai has government asked state-run Petroleum Authority of Thailand (PTT) to map out urgently measures to deal with an oversupply of liquefied petroleum gas. Disclosing this yesterday,
        Reuter  -  357 words
      • Article
        Lock icon Japanese body sees steady metal prices
        192 21 Reuter [TOKYO] Non-ferrous metal prices are not likely to fluctuate significantly in the near term, the head of a leading Japanese metals industry group said yesterday. "I don't think there will soon be a sudden change," said Yumi Akimoto, chairman of the Japan Mining
        Reuter  -  192 words
      • Article
        Lock icon Coffee prices set to hit record highs this year
        413 22 Concern growing over supply; fear of frosts hitting Brazil Bloomberg [LONDON] Coffee prices are poised to reach record highs this year because key growers may not be able to supply beans for months, after shipping crops earlier than normal this year.
        Bloomberg  -  413 words
      • Article
        Quotation of Singapore Government Stocks (Mar 31,1997)
        360 22 INDICATIVE NUMBER MIDDLE PRICES COUPON INTEREST OK DAYS OF (.EXCLUDING GROSS U1 ID V RATE AMOUNT PAYMENT ACCRUED ACCRUED REDEMPTION MATURITY YEAR RAISED (SPA) <«M) DATES INTEREST INTEREST) YIELD PA) 1.4.97 N*****0X 1996 1 7/8 750.00 1/4 1/10 181 100.00# 1.86# 1.5.97 Loan
        360 words
      • Article
        Lock icon Euroyen quiet ahead of tankan data
        203 22 SIMBX Report Reuter [SINGAPORE] Simex Euroyen futures had an uninspired session yesterday due to a lack of participation on the last day of the Japanese financial year, dealers said. They said activity was also inhibited by a reluctance to take fresh positions ahead of
        Reuter  -  203 words
      • Article
        Futures contract falls on Locals' sales
        199 22  -  MSCI TAIWAN FUTURES -By Ric Trotta Ric Trotta, floor manager, Refco Singapore Pie Ltd [SINGAPORE] The Simex MSCI Taiwan Index futures contract traded significantly lower yesterday. The fall was triggered by Locals' selling, which in turn forced commission house customers to liquidate their positions.
        199 words
      • Article
        Lock icon Shell's operations in Nigeria vulnerable
        208 22 ENERGY REPORT Reuter (LAGOS) Producing oil from Nigerian creeks instead of from relatively inaccessible offshore platforms has exposed Royal Dutch Shell Group to attacks from impoverished local communities. The latest crisis erupted when villagers seized oil flow stations on March 22 to protest against relocation
        Reuter  -  208 words
      • Article
        Lock icon CURRENCY REPORT
        293 22 Reuter New York THE US dollar kicked off trade below its Thursday closing levels against the mark and yen and could drift lower and test key support at 1.67 marks and 123.20-40 yen, dealers said. With most of Europe still on Easter holiday and the bulk of major
        Reuter  -  293 words
      • Article, Illustration
        Untitled
        1428 22 fTERBAME CROSS RATES Mar3I A5 C$ ECU Fft Da w Mh N»tak Yw Won M$ ICSHfcfa Nso 8 tond Sfr UTS W Pm* US$ Austral* 1.064 6.178 0.679 4.443 1320 6.090 28.210 «J69 0.974 7.045, 1949 101 ***** 20.721 1136 3.475 1.140 *****20.420 0.481 0.786 Canada 0.922 6.029 0626 4.097
        1,428 words
    • Article, Illustration
      Lock icon Analysts expect sector's profit to grow 14-17%
      701 24  -  BAMxma Bankers see offshore operations as the major growth engine By! Siow Li Sen [SINGAPORE] In the just-end-ed results season, it was the staid banking sector that provided some of the pleasant surprises, and from its behemoths at that OCBC Bank and to
      FILE PHOTO  -  701 words
    • Article
      BT's 1996 corporate earnings review
      4610 24 Full-year ranking of Singapore-listed, companies compiled by Julie Wee ofBT compiled by Julie Wee ofBT RANK MKT COMPANY REPORTING EARNINGS (S$m) TURNOVER (S$m) EPS(«) NTA(SI) ROK(%) 19% 1995 DATE 19% 1996 %CHO 1996 1996 %CHG 1996 1995 HCHO 1996 1996 1 1 M SblgTal Mar
      4,610 words
    • Article
      May curbs unlikely to hit bottomlines until next year
      525 25  -  PROPERTY Earnings of property companies up 29% to $1.67b last year By. Abdul Hadhi [SINGAPORE] Following the better-than-expected showing by property companies, industry observers now believe the anti-speculation measures introduced last May will not hit the bottomline until 1998. Late last
      525 words
    • Article
      Still value in certain segments
      359 25  -  ELECTRONICS /ft Jennifer Lien [SINGAPORE] Electronics stocks may be overvalued now but investors can still find value in certain segments, analysts say. After a strong run-up in the fourth quarter last year, electronics stocks are beginning to lag again, with several brokerages downgrading the sector
      359 words
    • Article
      COMMODITY PRICES
      1496 26 fflCOM PUTUBB8 Mar 31 awact (Mm cMMpat at &J0m> ISSICONTUCKScnWH) am Mm Of* H—Mi Wjfc Lot Sttt (ti—n) hMtrtrt *pr 97 172.50 150 M* f7 ***** H25 JW97 ***** H50 JatfSap97 ***** 175.75 175.75 60 5610 Oct/tac 97 ***** 177 JO 177 JO M0 49*0 Jm/ter 91 *****
      1,496 words
    • Article
      WORLD STOCK MARKETS
      1842 26 JpMM r^: ma AB Ports 274.400 2.400 Abfcay National 74S *19 PWl—l 460 *2 Amac 139.400 13 Aid* Group 109 400 BAT M 517 -15 BGP1C 162 *2 BtCC 267 unch BOC Group 955 *5 BR PvtroMum 706.400 2.400 •TU 267 *3 Bank of Scotland *****0 2.400
      1,842 words
    • Article
      Lock icon TOKYO
      1560 26 Reuter Nikkei 225 -Mtß STOCKS closed moderately lower on the last day of the 1996/97 financial year yesterday, amid worries about the strength of Japan's economic recovery and the impact of tighter US monetary policies. But the Nikkei market index managed to claw back above the key 18,000 level
      Reuter  -  1,560 words
    • Article, Illustration
      Lock icon BANGKOK
      792 27 AFP kJ SET Index -3.66 SHARE prices declined 0.5 per cent in quiet trading yesterday on ongoing concern over debts in the finance and property sectors, analysts said. They added that sentiment remained poor in the absence of fresh leads and on concerns about market fundamentals and the economic
      AFP  -  792 words
    • Article
      Lock icon MANILA
      313 27 AFP D Manila -OJ6 SHARE prices fell slightly yesterday on slow trading after the Easter holidays as investors remained cautious due to the lack of fresh leads. The PSE Composite Index fell 0.16 point to 3,222.98. Turnover was 16.4 billion shares worth 2.9 billion pesos. Philippine Long Distance Telephone
      AFP  -  313 words
    • Article
      Lock icon SEOUL
      381 27 AFP Compositelndex +10.15 SHARE prices closed higher yesterday on the back of a government announcement of plans to bolster its ailing economy and to stabilise the financial market, dealers said. The Composite Index soared 10.15 points to 677.34. Turnover was 43.9 million shares worth 620.5 billion won. Rises beat
      AFP  -  381 words
    • Article, Illustration
      Lock icon CHINA
      625 27 Reuter Shenzhen B Index closed SHENZHEN'S A shares yesterday extended the morning's gains on an optimistic outlook for China's economy while the B share market remained closed in line with Hongkong's Easter holiday. The domestic currency A Index added 11.74 points, or 2.6 per cent, to close at 458.49.
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  625 words
    • Article
      Lock icon TAIPEI
      371 27 AFP □WP Index -115^0 SHARE prices finished lower yesterday as investors dumped petrochemical giant Formosa Plastics Group (FPG) issues after a government pledge to punish it for illegal investments in China. FPG stunned the government on Saturday when it announced that construction of a power plant had started. The
      AFP  -  371 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Prices fall sharply on central bank move
        285 29 AFX-Asia C 3 Composite Index -1454 SHARE prices closed sharply lower across the board yesterday with banking and property stocks among the heaviest hit as the market reacted to the central bank's measures to curb unproductive loans. Dealers said the bad news came
        AFX-Asia  -  285 words
      • Article
        Untitled
        268 29 u» a— ut* Consumer prd 42 2 M pro 12 70 7 Construction 2 22 f Tr«dtn«/Svc 16 46 6 Mr*ttni 0 2 0 rUMnco 3 59 5 HM« 0 6 0 I 63 Plantation 6 24 S Mh** 0 7 0 Trust 0 3 0 3 99 n Rts/W«rr«nts
        268 words
      • Article
        Untitled
        7663 29 INDUSTRIALS CofltwMr products ,997 Lest Vol Day N«t Cap Wgfc L— Ciim Sato *000 Htgli Law P/e Smil 7 90 680 A|inomoto~ 735 15 29 735 725 56.1 297.9 33* Angkasa 382 11.3 563.2 905 750 Apollo food Hlg 810 -30 80 835 810 324.0 428 189 Berfeyalnd 358 -12
        7,663 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3274 30 M VJJ B«y Lad Quo t A*f High Low Stno C M»Mf SM COOO) High Law Buyar M« Mm 68 47 m 3000 m AM08 c5.5******6 54.5 52 56 62 39 3160 "Acar ******1USS 42 -0.5 5 42 41.5 42 43 3 J 79-5 3164 Acma ******4 79.5 -5 273
        3,274 words
      • Article
        Berjaya Singer warrant a pick for short-term gain but caution crucial
        215 30  -  WARRANT WATCH iroff -By] R Sivanithy WITH market sentiment as weak as it is, we are hesitant to recommend buying warrants, so the tip that follows has to be taken with a heavy dose of caution. Bearing this in
        215 words
    • Article
      CLOB INTERNATIONAL
      2042 30 -"-mmmmmmmmmmmmmmmmmammmmmmmmmmmmmmmmmmmmmammmmam m. asm a rja, M u .as-a. i Jrx ss» 625 360 mj 5000 AIS8 50C 412 *8 296 422 406 410 412 5.0 43 03 63.7 4226 "J m »5001 AM06 5°C 104 -5 409 109 103 103 104 4.0 U U 1U 606.7 220 192
      2,042 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1444 31 TURNOVER COQO) VAIUC (*000) m* o«» t»h> mm o»t T«m MMOW 33,313 12.699 44,002 74,797 23.735 *****2 *PlMnC9 5.501 6,553 '2,054 54.426 9.544 44,414 HtHH 514 1,017 1534 1,506 2,191 3.697 Pr««MtlM 4,532 13,994 18.444 34JW3 14,051 ***** MMUttan 3.474 X474 10,910 10.910 MMng 733 733 tM 2,211 MM 1,417
        1,444 words
      • Article
        MAIN BOARD
        4897 31 Transaction date JV!ar31 Cr Cr M Wt 1996/1997 Last Val Day Hit OmIi Wv Olv YM Na< Cap A»g Hlgn In StMo Company Mt COOP) High law Buyar MM Cw P/t INDUSTRIALS 5146 ASE NTS10 200. US- 1000 885 1275 ASF US$0.***** US885 88 5 2)4 155 1258
        4,897 words
      • Article
        SESDAQ
        1052 31 Or Or M Wt 1996/1997 LMt Val On LMlOwtt 0* Dtv YM Mat Cap Av« Ht» Ln> StNa Cm»Ty 5aN rOOO) 1— Owyr ST C» M tH Wo 289 134 2000 AMHMmSc 138 Cd unch 38 141 138 138 IN 3.0 0.1 86.3 614 138 202 68 2049 AS
        1,052 words
      • Article
        Untitled
        220 32 Stocto Ukmm Labroy M20c 6,414.000 *MBF Land BM 4,399,000 Pacific Cm 50 3,667,000 *MBf Hktgs50c 2.911,000 •Renong WtOO 2,*****0 Comfort Grp 25 2,183,000 101 Corp 50c 2.093,000 •Promet 2,030,000 HK Land US$0.1 1,997,000 IIIC 1806.000 IWa I City Dev 50c 22,279,924 MS Foreign 18,645,327 Ubroy M20c 13,044,160 8C8C Foreign 12.430,300
        220 words
      • Article, Illustration
        Dow's sharp fall takes its toll on S'pore stocks
        675 32  -  STOCK MARKET COMMENTARY New York fall sparks region-wide weakness; KL shares also dealt blow from Bank Negara's move to curb excessive lending for share, property purchases By R Sivanithy [SINGAPORE] Local stocks suffered yesterday from the region-wide weakness sparked off by
        675 words
      • Article, Illustration
        HOT STOCK
        65 32  -  diem hft Shiv Taneja COMFORT GROUP, which closed two cents lower at $1.15 on a volume qf 2.18 million shares is trading close to an important support level at SI. 10. Although the daily and weekly RSI and stochastics indicate more downside, investors should begin accumulating on any
        65 words
      • ON THE GRAPEVINE
        • Article
          Paint us a pcture
          136 32 WE HEAR that people are starting to ask what has been happening at paint manufacturer Berger International since it was taken over by a group of Malaysian investors last August First the group's finance director resigned in December. Then last month, the company announced the departure
          136 words
        • Article
          Figure of eight IPO
          85 32 THE Raffles Medical Group seems to have lots of lucky numbers in its IPO launched yesterday. Or so it seems to Chinese who associate the number eight with prosperity. The group is, for instance, offering over 38 million shares at 38 cents each. And of the
          85 words
        • Article
          Bond market hangover
          198 32 AS WE have discussed before In this column and elsewhere, what happens on the US bond market often spills over into the US equity markets, and also into our part of the world. With the pre-Easter nose-dive In bond prices last Thursday evening, the yield on the
          198 words
        • Article
          Changes at the top
          110 32 RANA TALWAR, formerly a bigwig at Citibank, has joined Standard Chartered Bank aa group executive director. He will h responsible for Stancharf s business in Africa, the Middle East and South Asia. In addition to bank governance and regulations, he will also be responsible for Europe
          110 words
        • Article
          And some thought they didn't like us
          83 32 FORGET about the oft-told differences in climate or lifestyles. One Hongkooter measures places that migrants pick on the profitability criterion and, for him at least, Singapore comes out tops. Current market tone notwithstanding. "Singapore te the only place where Hongkong immigrants made money
          83 words
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      82 17 I Announcing the departure of: Flight SR 187 for Zurich NON-STOP on Thursdays, from April 3. From April this year, Swissair will have another flight within its convenient daily departure schedule going non-stop on Thursdays. So you'll have a choice of three non-stop flights to Zurich: on Tuesdays, Thursdays and
      82 words
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      149 18 Paging 1 Hutchison IntraPage Pte Ltd 1 I V.; I **s*"' i^x On A Successful Launch Gjenayre' We Don't Make Radio Pagers, We Make Them Work (Everywhere, including MRT trains and CTE tunnels) Behind every pager is an extensive infrastructure of technology routing callers from the phone to the pager.
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      178 19 Vv I m 7--j y-. j 1 a 4 Contemplate the day in the serene comfort of our plush Living Room, unperturbed by the rest of the world. j fe J m i Quietly confident that an unparalleled level of service is only a gesture away. j f r c
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      157 20 JF jr N. V Mobile One (Asia) Pte Ltd \-J I 1 -9. jr V A -V A'-' On A Successful Launch < Jp Glenajjre' We Don't Make Radio Pagers, We Make Them Work (Everywhere, including MRT trains and CTE tunnels) Behind every pager is an extensive infrastructure of technology
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      Page 20 Advertisements Column 2
      297 20 BUSINKSS The only monthly business magazine that gives you the Singapore perspective of the local and regional business scenes BUSINBSS BUSINESS BUSINKSS TV/To 1/ITTI rf Tf" EXOCIItIVG Condos m 7" Singapore Telecom IV Im.ix j#yr 11 WUd card in the property market l!s^Tiri^M'wealth JBki I V w 111 Mm 11
      297 words
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      64 21 iUUk/U ii YtS Appointments I Learn how to make money as a dealer or investor in share market o Fundamental and Technical Analysis I o Charting training, software and data I o Excellent Lecturers o Quality notes questions I o Computerized Test I o Excellent prospects in the industry I
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      Page 21 Advertisements Column 2
      217 21 SAMSUNG HAS AMOVED, AND IT mam The Smart Choke Trucks BOuKwdhgdertgn 0 Ful hydroetaic power steering Q»—drill—Thwh, l*OFrt«*weta Fioti 210 7 MmH <Mh U h)«lraaMfc powar FrniUbltonw(«l> u Mlil mniifciifcm «—l I J "nMiiu Itoi I,I<J Bamsburry Corporation Pte Ltd Why, Stngapor, *****7 Far 759 0007 SSXT" Bfe." <|f i
      217 words
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      173 22 "I K> ■gso' v j j^aaWM3wawwa«^«"«aii| t >>j|^^^ S pj* a > *»i^ 1( "%g. J U^"*l Ss v. s V X/\ k X ST Messaging Pte Ltd I 1 I I I I jr W On A Successful Launch V Glenayre" We Don't Make Radio Pagers, We Make Them
      173 words
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      973 23 BERGER Berger International Limited (Incorporated in the Republic of Singapore) The Board of Directors of Berger International Limited is pleased to announce the unaudited results of the Group and the Company tor the year ended 31 December 1996. 1996 1995 SS'OOO SS'OOO I ncrease/( decrease) Co Group Co Group Co
      973 words
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      Page 23 Advertisements Column 2
      571 23 BUSINESS Xot i<-< Vs To adxt iiisi' call toll-five 1800-741 INN3 ©DBS LAND DBS LAND LTD HK5500,000,000 Floating Rate Notea Due 1997 (Seriea 2: HKS2SO Million) In accordance with the provisions of the Floating Rate Notes, notice is hereby given that for the period from 27 March 1997 to 27
      571 words
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      Page 23 Advertisements Column 3
      340 23 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CHEW KENQ SENG COMPANY PRIVATE IMTED (In Mamfcari' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50 that the final meeting ol the members ot the abovenamed company will
      340 words
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      Page 23 Advertisements Column 4
      912 23 Jillk ANA HOTELS k SINGAPORE LTD. II (Incorporated in the Republic of Singapore) The Directors announce the unaudited results of the Company for the year ended 31 December 1996. 1996 1995 (Ss) (Ss) I. (A) TURNOVER 36,880,500 38,420,600 4.0(B) INTEREST INCOME 50,500 41.300 22.3+ 2 a. OPERATING PROFIT before Income
      912 words
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      81 24 Si B |p In todays highly competitive market, quality and innovation have ft become critical factors for business success. That is why at Hong Leong Finance Group, we take the utmost pride to ensure products and services H of exceptional standard. ill hH L F G record of achievements is
      81 words
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      Page 25 Advertisements Column 1
      92 25 Jg For the past thirty years, the Hong Leong Finance Group has grown from z* strength to strength to become Singapore's leading finance group. Indeed, |b| with your unwavering support, we have been enjoying a healthy growth year after year. For the financial year ended 31 December 1996, the Groups
      92 words
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      120 27 ♦The Indonesian, Hongkong, Australian and New Zealand stock markets were closed yesterday. DOWJONES -«*•<—>< fyiiiihi > <«*%>.'-*>.-> IhBh fiKflSfefea- »> M.4% *^B 1 In business good connections can make a world of difference I Reach customers and business partners around the world with SingaporeConnect, I Singapore's most comprehensive business directory
      120 words
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      206 28 4^o YOU'RE ALWAYS THE FASTEST™™ s-in-e# Internet Access Service From Sing Tel We have increased our bandwidth by an additional to a whopping jfll|? Mbps making Sing Net the FASTEST Internet Service Provider in Singapore. Also, for the FIRST time in Singapore, Sing Net subscribers can NOW take part in
      206 words
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      123 29 Transport Authority Infoline_ COE Bidding Results 4* Car Registration Number Availability. ncefnltl^vo!!r p F 1 lth rt fe l Cry mont J* AU you Available between Saturday and Wednesday each week. All you need is Oar Registration Number Bidding Results. Available between Saturday and Wednesday each week. All you need
      123 words
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      30 30 For real-time stock information, I Scall Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available I in the stock pages of The Business Times and Lianhe Zaobao.
      30 words
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      Page 32 Advertisements Column 1
      327 32 r: n HnT Kfeu --x£ g§£j| :<- 1 How we made the Cefiro fly. On September 8, 1996, in Arizona, USA, a team of engineers fitted the engine of the 143 horses and a staggering 255 Nm of torque. And in near silence, at that. 3-litre Nissan Cefiro into an
      327 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      319 33 Bridge News, Reuters AS expected trading slowed right down prior to the easter holidays with reports of concluded business scarce, but sources said the tone of the market remains optimistic. With most market traders having decided to lengthen the Easter holiday by a day, prices hardly changed. The
      Bridge News,; Reuters  -  319 words
    • Article
      MARITIME STOCKS
      231 33 m CWTOMrMlM U2 0.03 9 CManMap >.00 audi n Cok# tnvMtWMfit U40 0.775 -OOH 33 QOHaMn* OM -OuOl 0 Hal Son H« 1-04 -CM 347 hrwmzmm are -aoos MCHMhH HK540 JereHeWnn 1.04 —MS -OuCO M ki»iTc««t «jo -o sn m nipp«ircLS ui -an m IUIWIIWM 142 -OA) 42
      231 words
    • Article
      S'pore offices of P&O, Nedlloyd restructure
      509 33  -  P&O Nedlloyd (Singapore) one of nine country offices In Asia to report directly to HE By. Marcus Hand [SINGAPORE] The Singapore offices of Peninsular and Oriental Steam Navigation (P&O) and Nedlloyd Lines are undergoing a shake-up, as the newly formed P&O Nedlloyd restructures its
      509 words
    • Article
      Sibcon and Mets Asia open in S'pore tomorrow
      266 33  -  By Yong Mei Fong [SINGAPORE] Two local maritime events, the 9th Singapore International Bunkering Conference (Sibcon 97) and the Marine Equipment Trade Show (Mets Asia 97) starts tomorrow. Sibcon 97 will be opened by John Chen, Minister of State for Communications, at
      266 words
    • Article
      Lock icon Cosco Pacific buying stakes in four China ports
      330 33 Stakes in Qingdao, Zhangjiagang, Shanghai, Yantian cost HKs4s6m Journal of Commerce [HONGKONG] China's staterun shipping company, springing off a solid jump in profit for last year, is diving into investments in ports in China. Cosco Pacific Ltd, the Hongkong-listed unit of China
      Journal of Commerce  -  330 words
    • Article
      Lock icon Israel and China grant each other MFN status
      177 33 Zim brae! Navigation will benefit from maritime accord Reuter [JERUSALEM] Israel and China on Sunday signed an agreement granting each other most-favoured nation (MFN) status on maritime issues, a move that will instantly benefit Zim Israel Navigation. The agreement was signed by
      Reuter  -  177 words
    • Article
      Lock icon EU starts probe into Portuguese rescue plan for Lisnave
      239 33 Reuter [BRUSSELS] The European Commission has queried the Portuguese government's recent measures to assist Lisnave. Europe's largest ship repairer company. The commission particularly queried the decision at the end of 1996 to grant guarantees to enable Lisnave-Es-taleiros Navais de Lisboa to
      Reuter  -  239 words
    • PORT Shots
      • Article
        Haixing to start express coastal service
        76 33 [SHANGHAI] Haixing Shipping Co Ltd of Shanghai will start a container express shipping service along the China coast beginning on April 5. The new route will hook up with all coastal ports of China and inland cities, said a Xinhua news report. Such express
        76 words
      • Article
        Lock icon Oil pumped from stranded vessel
        64 33 DPA [LONDON] A rescue tugboat began pumping on Sunday 90 tonnes of oil from the stranded German cargo vessel Cita off the Cornwall coast in southern England, coastguard officials said. The operation was expected to last several days. The 3,000 tonne CUa, registered in Antigua,
        DPA  -  64 words
      • Article
        Wilhelmsen receives car-truck carrier
        46 33 [SINGAPORE] Wilhelmsen Lines has taken delivery of its third new pure car-truck carrier (PCTC) from Japan's Sumitomo Heavy Industries. The carrier, the world's largest operator of ro-ro ships, said the 13-deck vessel, T Takamine, can carry 5,900 cars or 1,100 cars/760 trucks.
        46 words
    • Article
      Lock icon 3 Japanese lines appeal to US court
      192 33 US-JAP AM PORT ROW Reuter [TOKYO] Three leading Japanese shipping companies have asked a US court to repeal a US government decision to impose retaliatory surcharges on Japanese vessels because of a port dispute. Kawasaki Kisen Kaisha, Mitsui OSK Lines and Nippon Yusen
      Reuter  -  192 words
    • Article, Illustration
      Lock icon Maruti in the driver's seat
      828 34  -  XWDIAK CAR MARKET: OPENING TO COMPETITION India's largest car maker is confident of warding off challenges by new entrants such as Korea's Daewoo, Germany's Daimler Benz, General Motors and Ford of the US, which have set up joint ventures in India in the last two
      Reuter; FILE PHOTO  -  828 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      251 34 PAQC tote* S aci n WW n AM. j Ea 6 AM* 4 ECS 12 Accord 12 EtMpta» i AftrmkM 4 Emftws 6 Append* 5 Emgreen 6 Astro 3 Fibow 7 Austral it ft-tri** 6 Avmt 6 foong Sun 12 KA 7 Fftlortd
      251 words
    • Article
      SHIPPING GUIDE
      15888 40 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser VmsD Voy aqe Telephone ETA ETA Advertiser Vessel Voyaqe Telephone Sin Otsf* Name Name Number Number SIN Oest'n Name Name Number Number A To BUENOS AIRES (BUE) 2060 H Argentina To ABIDJAN (ABJ) 2003 02/04 26/04 csav ikaruga ows u inon Ivory
      15,888 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        702 47 tm* Voy Mo twrtfc jwW Dflitrt JM|M Mai MM MMI J02 llliuill 0104/0300 mams aw x h»m no/mo s cm* own jot m»pm okwo^ r«M*t93 **97 joi novroo IMMCI I jm impm XJVMO »E«rru 023/97 JH MM* 310V2WC t«M 2 23 JM *l»|lHl ilOlKOC S*m :9*95 J02 m»M"i
        702 words
      • Article
        CONTAINER SCHEDULES
        1621 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO BooMiq/Mmc* Rstta SMp »oy Mo BWjtr Nrto< frow To fiw Uam< «m 02/2)00 U WmO OVOW ovomo n iv Joe ovo«» owwoo S CV0700 OVOM M/VWt 4 OVBOO OVW OVITOO U** M DM i~ MM WW wmo a n/mo ovow
        1,621 words
      • Article
        GLOBAL HOLIDAY
        199 47 Apr 5 Taiwan: Tomb Sweeping Day. Hong Kong: Ching Ming Festival. Apr* Thailand: Chakri Day. Aprt Philippines: Day of Valour. Apr 12 Thailand: Songkran Festival Day. Apr 18 Brunei: Hari Raya H&ji Indonesia: Id-el- Adha. Malaysia: Hari Raya Qurban. Singapore: Hari Raya HaiiApr Australia: Antac Day. Denmark: St
        199 words
      • Article
        COCKETT BUNKER MARKET REPORT
        986 47 THIS report. complied by Cockatt Marin* OU Ud. shows price rengrn In US dollars lnataad of single prices tor a nan comprehensive deecrtp tkm of the market PrkM shown in bind on ivtrtfMtnd item Market movements are tad tea ted The Cockatt Bunkar Price Index dinag*
        986 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        365 47 Cortoo MO Max NU LI ttJ O.n 71 0.06 M* 27 NmRt Wr 6mMm Ait HMM Mtawt Ho «0ov> E25 2 19 4 0 0 1 %B/ MO AM 905.4 0.5 12.4 0.07 33 0.02 Inn 390 Max 995.9 7.0 17.9 0.18 01 0.07 m*n %i/i
        365 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Europe air market opens to M competition today
        428 48 Analysts predict drop in high air fores; opening of new routes by start-up airlines NYT [PARIS] The opening of the European airline market to full competition today will lead to an assault on Europe's high level of business and ftillfare ticket prices
        NYT  -  428 words
      • Article
        Lock icon Taiwan may resume flights to Osaka
        218 48 Reuter [TAIPEI] Taiwan said yesterday it may resume direct commercial flights to Japan's Osaka cut off after Tokyo jilted Taipei for rival Beijing in a 1972 diplomatic shakeup on an apparent easing of China's objections. The transportation ministry said Japan had informed Taipei of
        Reuter  -  218 words
      • Article
        Lock icon Indian truckers begin strike
        142 48 AFP [NEW DELHI] Hundreds of thousands of trucks across India went off the roads yesterday as truckers began an indefinite strike to protest against a new tax. The All India Motor Transport Congress (AIMTC) said more than 50 per cent of the country's three million trucks
        AFP  -  142 words
      • Article
        Lock icon KAL takes delivery of first of several Boeing 777s
        328 48 Carrier will buy even more if US waives tourist visas Journal of Commerce [SEATTLE] Korean Air has received the first of several Boeing 7775, and says it will be able to buy even more planes from the US if Korea is
        Journal of Commerce  -  328 words
      • Article, Illustration
        Lock icon Nothing wrong with our hardware, says Saab Aircraft
        303 48 AFP [MAJURO] Swedish plane maker Saab Aircraft has defended the record of its troubled Saab 2000 aircraft saying the problems are the creation of Air Marshall Islands (AMI). AMI has frequently had to ground the twin-engined, US$l6 million (5522.8 million) aircraft which
        AFP  -  303 words
      • Article
        Lock icon Chrysler's Japan president quite after just one year
        221 48 Bloomberg [TOKYO] Hideo Hohgi, president of Chrysler Japan Sales Ltd, resigned after one year on the job, the company said yesterday. Chairman and director Keisuke Egashira, 65, will take over as head of Chrysler in Japan and act as special adviser on
        Bloomberg  -  221 words
      • Article
        Lock icon India identifies 5 airport projects for private sector
        287 48 Projects to be built on a bnild-oper&te-transfer basis Business Line [NEW DELHI] The Ministry of Civil Aviation has identified five pilot projects at Delhi, Bombay, Madras, Calcutta and Ahmedabad airports for 100 per cent private sector investment on a build-opera tetransfer (BOT)
        Business Line  -  287 words
      • LOG Book
        • Article
          HK air cargo traffic up 5% in Feb
          91 48 (HONGKONG) The total throughput of air cargo in Hongkong reached 95,200 tonnes In February this year, representing a 5 per cent increase over the same period of 1996, according to a Xinhua news report Transhipment cargo registered a big rise of 10
          91 words
        • Article
          Lock icon Briton has transatlantic jumbo to himself
          105 48 Reuter (LONDON] A British stockbroker returning to London on Sunday from an Easter shopping trip to New York found himself bumped up to first class with 17 flight attendants at his beck and call because he was the only passenger on board. The British
          Reuter  -  105 words
        • Article
          Lock icon Bangladesh gets 12 German locomotives
          70 48 Reuter [CHITTAGONG) Bangladesh has procured 12 locomotives worth U5527.30 million (St3B million) from Germany for Improving train services In the country's eastern sone, railway officials said. They said nine locomotives had already arrived In Chlttagong, headquarters of the eastern railway. Three others are expected to
          Reuter  -  70 words
        • Article
          Lock icon Mazda considers common auto platform
          89 48 AFX-Asia [TOKYO] Mazda Motor Corp said it is considering using a common auto platform, the basis of the auto body structure, with Ford Motor Co. Mazda said it and Fbrd are considering to use common platforms for all types ofautos produced by the two firms,
          AFX-Asia  -  89 words
      • Article
        India's first home-made car expected to be threat to market leader Maruti
        403 48 [BOMBAY! India's first homemade car, due to hit the streets by mid-1998, will be a threat to the Japanese-made cars of domestic market leader Maruti Udyog, a joint venture between the Indian government and Japan's Suzuki Motor Corp.
        403 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1415 48 OTY FII6HT ETA FlIGHT ETO A4*H» S0230 <30 0T82 2055 NatYil TG407 2105 TG408 0820 Amtartaa S0327 0805 KL844 0040 jjWS 2150 *896 1815 KL837 1455 KL838 2300 HoCHMtafc V*741 310 VH740 1410 0128 2355 ***** 1905 S0174 1420 SQ26 2355 Wff4l 1825 Attom SO347 0620
        1,415 words
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      Page 33 Advertisements Column 1
      14 33 Maruti in the driver's seat despite competition Opening of Indian car market. Page 2
      14 words
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      Page 33 Advertisements Column 2
      356 33 Europe air market opens to full competition today Analysts predict drop in high air fares. Back Page People TNT Express Worldwide has f/fKk American Bureau of named David Grant as country Shipping Group has re* operations manager for organised itself, with the aim He has been with the company of
      356 words
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      Page 34 Advertisements Column 1
      111 34 NYK LINE 1993 (S) PTE LTD MALAYSIA INDONESIA Aab LINE NIPPON YUSEN KAISHA a*.«ni no miwmmmh hnahi. ,!!.•.>- v«, mmjnw, i n :t JOMOH HAHH'J ll.'il i LJHHumiJinKID ESHiDDDDDDD EH IS9ISSSIIfiCIIfiCI^ESSIiE2SI a I fcpj BSlfl B"B BUB mm B l^ BaaonnnoEßEinn SIIIIWBp ■■E^ZZBBH Q^HHBOIKSfIBSSBSIISB ypy B5 toko« wis mi si
      111 words
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      Page 34 Advertisements Column 2
      51 34 MNUM SHIPPINO PTE. LTD. "TL**** *0»-0«. CHmcmn Potrt A rponOSMIX T* S3BOOOO JBmM *****04 Tata: R8 ***** SENUM WBD[ISGUUft Oin 10 lAST/WBT VM UST Sir m T™ 1 TJ" ,Je4 NtfMN WW V» v< KB 7/t7 V 4 in 1/4 mm wj i* V 4 W HA IV4 IV4 Cfl
      51 words
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      Page 34 Advertisements Column 3
      204 34 —-rti mimnit byMmbm of o, A gpowNitoniaNpptngAwe. W x»»FieV*Fomwd*w AMoaMkm. lAL Container Line B (UK) Limited M.itmt.- h.m-.i 'it S I'fi Mi/ Efl i-i L'?i ;;>o t j<»3 33:: 7 9 For Eg Reliability 3 and H Peace of Mind 1 Weekly to the Indian Sub-continent and BE jl the
      204 words
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      Page 35 Advertisements Column 1
      953 35 1 PAOBC SOUTH WIST EXPtfSS (PWKT) AISO ACCEPTING WANAUS «sa I ¥or 1 m lan a laino lua 1 m liloi lure I a Iwl nm Isu I m Swlms tig \vm "iii "yS g/M n/a a/g a/a a/a n/a am g/a mo 9171 [14/H 1 16/ M 17/ a
      953 words
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      Page 35 Advertisements Column 2
      1708 35 HANJIN SHIPPING I®*®™' I-I-f* I I ■> I w Ta« »n B, wrTTBTTiS —«ri 1 m ———I I «Z :11 11 11 sK.sK.'*aL2K.2&L-»K. *ml «al laa! »m Hs£s rm HI M •v r —,—t ™w Jm I SS "|H ",-n TifiT w»- TMTwS--iw-Tisir»^| xm I J1 -=S —i!g-Jjg-»g_ JZg_ "Z"
      1,708 words
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      Page 36 Advertisements Column 1
      1339 36 G§: DSR-SENATOR ill Round the World Container Services TO UK/CONTINEW FROM UK/CONTINENT *008. W Ml WTO M* HAM RJ ACT UIA tttta |vQT LMA 1 WTO Iww I HAM IFUI 01 UN KWCOMFIOT SENATOR WT\l tit ri M 23 M KM M M S N K M CMOYANB GLORY EE7II
      1,339 words
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      Page 36 Advertisements Column 2
      1101 36 NORASIA I VESSEL VOY I«N PKL I OOA LAB BCLVALALO NOT ANT FELIi4A| MR HONGKONG §7124 W W JW 1»« HW »W 2M4 2M4 2M4 2W NORSHARJAH (71W MM MM 2E 22J fJS IM6 C« K« IMB I MSCRAfAELA 171 *-3 tM4 17*4 (2*6 HNS BMB 11N6 1296 IMB MN6
      1,101 words
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      Page 36 Advertisements Column 3
      344 36 ir /VO/?TR ANS CONVENTIONAL SERVICE TO THAJUND AND MALAYSIA BREAKBUK, RO/RO AND HEAVYUFT ANYWBGHT THAI FLAG STATUS PRIORITY BERTHS A*byrM»V,44A SAAB SAAB SAIHI II FOOT A*bfnmiASA OMB/04 >040/14 13-14/04 14-17/04 AsM Upr*» V.44A 20-22/04 23-23/04 20-27/04 27-30/04 A*Eipra»V.47A 0345/05 "WOO/OS 14-11/05 11-14/05 lOOIUNGS t ENQMKS: mi u m akmc usiTxms
      344 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      497 37 ISLAMIC REPUBLIC OF IRAN SHIPPING LINES THE ONLY NATIONAL LINE OF IRAN ALSO ACCEPTING "REEFER" CONTAINER FROM SINGAPORE TO IRANIAN PORTS CIS DESTINATIONS VICE-VERSA 4Shf-n)onWa, '07 07 09 Shing K A ar Horn. Singopw. 0106 T.I: *****51 Tli: R5 ***** FII0(RS Foi 225)614 CR No: **********0K «mJIH B3»^B I iiiAiaMißri
      497 words
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      Page 37 Advertisements Column 2
      1026 37 I 4 SAAfIMI TO HMtO ft HAMM I I I 6SHtKTO*w«r »HMI MM 0«IWUD(l/U *****02 JHWMH I I SHKSL22S mI!J£KL, 4 2 5M,/ 43 DOT (0/0) 420S7SS COSTAR AGENCIES (M) SDN BHD I quo. 1)7»7aWOOO» TOWH TWO (06MQ9) COMVBmOMAL *****50/55 T/SHfMT DCfT *****2S IE; 02-07-3$ ***** WL 02-07-*****70 n/nt (w
      1,026 words
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      Page 37 Advertisements Column 3
      403 37 /7-JLIPERKAPALAN DAI ZHUN > UU TONG JOO SHIPPING PTE LTD CR NO **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 /KKHM+fASTIST TWAMStT/ M9AMA-MUOUTY UWM HO CM! MIMB-MMCATtB 1| APPII ***** 03/04 GUOO 0741 04/04 I GIWI ***** 01/04 GISOOM f7102 04/04 GITONG 9724 04/04 GMUAT A
      403 words
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      122 38 EVERGREEN \"lf.nnc V Sf v it J i »POHT DH^H] RTW SHIPPING (S| PTE LTD M SIA Aq.nts GREEN PENINSULA AGENCIES SDN BHD A Mil Mm M v J ia3Z~^^Ezz_«mZn^E!!!^BnH mwm MHBi JBH IV Hi V "j ANSON ROAD -15-05 IN'.VARD OEPT *****37 3 PORTKELANG Cryst.il M.iritimr Sdn BHd TEL
      122 words
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      Page 38 Advertisements Column 2
      603 38 IVBSa WOM MP MUM MM MM IWT M 0 rasa WMMIIBJM Ml MM IM MPI i2®s® JV* 'VW 'VJJ 'V£ ««B am a* Km a* Sw S* I MCMBM HSMMI ll* a* 77* 71* 71/* H* MMMM M *****! M) 11/ M fl/M 14* I Dot*. I IVBSa VOTMI SOP
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      Page 38 Advertisements Column 3
      272 38 rcsk NANTAI LINE FUUTCONUaaiSCD SBVIQIO MAUtmUS SOUTH ARtCA wna w I a m I 1 m mmma im nm m 14* gg w* "W"mT MBUMB IM H* ms fig 11/15 J** tig ims IMS i7/ts n^s MMWKES WIS IMS IMS 11/ M *mma mm** "mT"mT wmmu ng nm ImTmT NORTH
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      771 39 i BSA a, M MYANMA pBBk FIVE STAR UNE (MyawMr Natiosal Um) Loodhig foe Ynjoi (Roijtu) vtssa vot sm m pa m PA6AIO 247W SU NM-MO 113W 510 MALAYSIA A6OOT* OOO6TUO SMPPMG A6BOCKS ML m M-OJ-J417J00 PRL- TU 01-01-17*4101 ret m 01-04-I*ll4ol KD: TH 01-07-IS *****/4 BANK LINE (A ><
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      Page 39 Advertisements Column 2
      1443 39 A HYUNDAI MERCHANT MARINE CO. lIP. WESTBOUND TO EUROPE BKG: *****32 I PMA PB I PW I YPSa VOT I SM I UM I IN I MT I HAM mi Fa 03/04 01/04 OS/M NT (OMMOOOtI MSW M/M 11/ M 14/ M M/M l*/04 I*/M 19/ M 10/ M 10/
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      Page 39 Advertisements Column 3
      644 39 rfg FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 y HOT UNE: *****33 (30 UNES) FAMOUS LOGISTIC (M) SDN. BHD. (Co. m. sussp) NO. 30 LORONG CEMPENING ***** PORT KLANG, SELANGOR DARUL EHSAN MALAYSIA TEL: 603-*****33 (20 LINES) FAX: 603-*****33 (05 LINES) COMPREHENSIVE SAILINGS TO AND FROM PORT KLANO
      644 words
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      541 43 W*«kfy LCL A FCL rPDICnI Sarvicas to Caribbean l» hipping A Central America SEA VIGOR MAERSK HOUSTON 9706 9706 Port Country 06/04 13/04 BaJizaCily Baitza 10/05 17/05 Bridgetown Barfeodoi 13/05 20/05 Cartagena Colombo 12/05 19/05 Castries St Lucia 12/05 19/05 Fart de France Martinique 13/05 20/05 Freeport Bahamas 08/05 15/05
      541 words
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      Page 43 Advertisements Column 2
      1143 43 ADVANCE CONTAINER LINES (PTE) LTD ——API 140 C«cil Strwt, #12-00, PIL Building, Singapore *****0 J;MW Li TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL —CR NO **********06 baMkok IUAITA (S SiilingiAVM* to PAT, 3 Sailing ID DMT. 2 SalHngt I* LCH) <4 milftm/Wttki I 1 Vissa VOY «N KK sx
      1,143 words
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      Page 43 Advertisements Column 3
      763 43 |CR MO: **********0Z VFial LS '?S!1 S** JED PSD LEH HAM RTM THP ANR VMJ-E DE NORMA NI9W 07/04 16AM 16AM 27AM 26/04 3QP4 03/06 VIXEDEOEMHA HI9W 1W 23/04 25/04 04/06 06/06 07/06 MA* o*o6 VKXEDtWIOW YIBW 20AM 30/04 00/06 11/08 ttW 14/06 15A* 1006 VK-LEDEVELA WW 26AM 07/06 08/06
      763 words
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      Page 43 Advertisements Column 4
      136 43 /^NORBUL£\ I NORBULK CARGO SERVICES LTD 1 I REGULAR CONVENTIONAL I WMUUWMO 10/04 20/04 HU/OK/MfT/W I MKWU9UYA 03/04 07/ M ITALY/® SU POT I ALM LQAOt mAtt&ARAWAMMOO POUTS I KMUUIM 15/04 JKT/W/m. I VHP CAS INTERNATIONAL SHIPPING FT* LTD CAS INTERNATIONAL TRANSPORTATION (S'POIU) PTE LTD AFFILIATED TO EAS INTERNATIONAL TRANSPORTATION
      136 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      913 44 Regional Container Lines ri'rii'iMigi^-'fi",-——— l''A l !ll|. !lTmr*W I MB I \II I Ml ■>! Ml I I ■■iiiWl I I'i I ■—I '■B£SSS!SwBrgTi V: fVU w.H":i■ w.i»^«'.7i:i k'AVn.H- rr r 3^MKTT* f TT*TTT r 1 i*. rTW^MfTTMl m.n:■■.>;lawn S^H^^PTrF irrT7 o T SSSS3H f i Slfimk'SSmJ KZZZHIHCS ■KEHI Ml
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      Page 44 Advertisements Column 2
      518 44 1 ACCORD A SHIPPIWO PTE LTD Tit: *****56 (40 Lin**) FAX: *****46 KMOMK (03) U7 mi K M DIRECT ACCESS Tfl s *****57 (EXPORT BOOKING) MS* «M i (07)3511V7 *****57 (EXPORT DOC), *****64 (IMPOST) ttIUMC (04) 331 lUi URIjHTTP://WWW.ACCORD.COM. SO WUtU (11) H4 0770 FONT ITA SIN FOOT ITA SIN
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      Page 44 Advertisements Column 3
      289 44 BINTANG MAS SHIPPING PTE. LTD. NEIL ROAD. SNQAPORE 0208 ■fSW TEL: *****88 FAX: *****64 KmJ TLX: R*****6 SMMER ■fMf CR No: **********0W R«c«Mnfl Cargo at PTI Bfntutu I I m 1 b —i mm m a m mm m m sua fata* Writ ¥»704f 02-03/04 04/04 MmwyStM »M 04-05/04 09/94
      289 words
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  • Page 45 Advertisements
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      Page 45 Advertisements Column 1
      515 45 SINO IXPRISS SHIPPING 11 COLLYER QUAY #06-01 THE ARCADE [BINOTRANSI S (*****7). TEL: *****90 FAX: *****98 > ,j. TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL VOYAGE ETA SIN ETAHKG ETA SHA 6- UKK 9708 04/04 09/04 13/04 0- GLORY 9710 12/04 18/04 21/04 6-WELL 9710 19/04 25/04 28/04 G
      515 words
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      Page 45 Advertisements Column 2
      516 45 §ym MAC-NELS S PORE M'SIA BV=/\3 ««M JSi?"™ "KirT, PtHANa (04)*****6 BANGKOK: (882) *****07 SURABAYA: (91) I*l MO K KB>NQ: (03) *****77 JKIi (21)*****07 WON: (61)*****3 TOKYO/YOKOHAMA/KOBE/ OSAKA MV "SEA RANGER" V. N124 ETA SIN 06/04 NAGOYA MV "ALLIGATOR FORTUNE" V. 187 ETA SIN 06/04 CALL BOOKING: 220-2022 MARILYN/YONG/HAMIDAH/MAS/LOOI Tm^t
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      Page 45 Advertisements Column 3
      143 45 IS'pora P-Kalang Lotfcifl For IRENE mPI 02/04 RdnVAfcWBnvVUK I DELTA STAR 08AM RtfcVAtwffinvVUK/Nat H.V. CANALP 15/04 20/04 RdrrvAtw I GAMMA 18/04 RdnVAtw/UK I > ■VAN K 01/05 ICK» I ■"LoadiE/W Maiayva. Indonaam U ILoedng for STARSIN Jeddah/Aqaba/Egypt/Aioena I ■PANGRVSTAL (Xbai/BalnirVDammanffiuwtft I ■A.VERMEZ HodatdaWJaddah/Egypt I ■a. HAZER Modwdah/JeddarVNaly ■sea MASTER Dubai/A.
      143 words
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      469 46 Shipping Times ■Business Centre Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. Fast, Reliable and Committed nHMRBHi to you when it comes to
      469 words
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      Page 46 Advertisements Column 2
      303 46 <0 Products^^ervices Automated Storage and Retrieval System *-!if*\,r Automated Guided Vehicle System (AGV) o tt "ÜBifl M H A 4 IVr. r »p«>« ►J Jiiw. jv »ff-y* •-♦||p»£ x Multi-storey warehouse: tomAvw 13 > j fIE 10,000 square metres currently available (1,800 to 2,000 square metres per floor) I ■pB
      303 words
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      122 47 J lEGENO R Thunderstorm Temper oture c A Weother Wmd direcbon wrth speed in knots w w Surface »Mi oft ndkoted by orrows wfcicfc Hy witti Hm wind On* tu> orcle represents calm or light ond vonobie winds i_ One half Heche represents 5 knot* 1 L» One ful Heche
      122 words
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