Newsgroups: bit.listserv.seasia-l
Date:         Sat, 12 Dec 1992 09:38:46 EST
From:         mulliner@OUVAXA.UCLS.OHIOU.EDU
Subject:      SG: Business, #1, 11 Dec. 92

                   Ohio University Electronic Communication


   Date:  12-Dec-1992 09:38am EST

     To:  Singapore Listers                    ( _MX%"SEASIA-L@MSU.EDU" )

   From:  Kent Mulliner                              Dept:  Library
          MULLINER                                 Tel No:  614-593-2707

Subject:  SG: Business, #1, 11 Dec. 92






Received:  12-Dec-1992 09:38am

Business News is a new feature from the Singapore International
Foundation.  It will be forwarded to SEASIA-L as it
appears, every two weeks, on the Singapore gopher. (KM)

### BUSINESS NEWS ###
### This business news section comes to you every other Friday.

(1)  * Creative Technology wins Sound Blaster trademark *
                                           (ST, 9 DEC 92)

     Creative Technology has won a court ruling to prevent its
former German distributor from selling a different type of sound
cards under  Creative's well-known Sound Blaster and Video
Blaster brand names.

     The Hamburg High Court ruled on December 2 that CPS
Computing Distribution GmbH could not use the Creative's
trademarks. It also stopped CPS from selling counterfeit Sound
Blaster  and Video Blaster products. According to a Creative
spokesman, the Singapore-based company had also been awarded
costs.

     Creative Technology is the first and only Singapore company
to be listed on the Nasdaq in the United States. It produced a
net profit of US$20.2 million on a turnover of US$85.8 million
during its financial year ended June.

(2)  * S'pore firm to launch TV programs in Vietnam *
                                          (BT, 7 DEC 92)

     Singapore-registered Indochina Media Pte Ltd clinched a deal
to introduce international TV programs and foreign advertising
to Vietnam. This is an emerging market where foreign media firms
are trying to get a foothold.

     The agreement with Can Tho TV, which is valid for five
years, gives the company the sole right to market air time to
companies in Singapore and Malaysia, source foreign programs and
advise on upgrading of technology. The company has also been
licensed to publish trade, business and lifestyle magazines in
the Vietnamese language.

(3)  * SIA and BA in final battle for QA stake *
                               (BT, 10 Dec 92)

     Singapore Airlines and British Airways, two of the most
profitable airlines in the world, are the only contenders left
for a stake in Qantas, Australia's national carrier.

     SIA submitted an offer for 20 percent of the stake, which
is widely believed to be between A$350 million and A$400 million.
BA and a group of Australian investors have bid A$1.2 biliion for
a 49 percent stake.

     According to analysts, the SIA-Qantas would provide Qantas
with vital hubs to capture the fast growing intra-Asian market
and the Asian European service. As for SIA, Qantas would provide
a network to the Pacific region and the United States. BA may
seem to have an advantage over SIA, but "other factors have to
be considered too, such as price and whether Qantas would like
BA in the management".


                                                                         {
Comments: Gated by NETNEWS@AUVM.AMERICAN.EDU