The Business Times, 3 February 1992

Microfilm: NL17797
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Monday, February 3, 1992 75*
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  • NEWS SUMMARY
    • Article
      Avalanches hit Turkish villages, killing 135
      67 1 ANKARA At least 135 people were killed and some 180 were missing believed buried under snow when avalanches hit several villages in south-eastern Turkey, reports said yesterday. The avalanches, which hit five villages in the mountainous region close to the Iranian and Turkish borders
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    • Article
      Strong Tokyo quake causes 32 injuries
      38 1 TOKYO At least 32 people were injured after a strong earthquake measuring 5.7 on the open-ended Richter scale shook Tokyo and surrounding areas before dawn yesterday, television and press reports here said.
      38 words
    • Article
      Vietnam opening doors
      30 1 VIETNAM'S investment code will be amended soon to make it easier for foreigners to invest in the country, says Vietnamese Prime Minister Vo Van Kiet Page 6
      30 words
    • Article
      Thai products at stake
      38 1 A LEADING Thai academic has predicted that Thai agricultural and textile products would be the hardest hit if the final draft proposal to wrap up the Uruguay Round of Gatt is adopted Page 6
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    • Article
      Hard bargaining seen
      46 1 MOSCOW'S shift to support anti-missile defences is a turning point in the diplomacy of nuclear weapons, even though the leadership of Russia is determined to bargain hard on the exact conditions for its support of a US-led programme, say Western officials Page 8
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    • Article
      Little progress seen
      31 1 ONE MONTH after Russia freed prices in a move to a market economy, there is little evidence of either a functioning market or a working economy Page 8
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    • Article
      East seeks equality
      29 1 FIRST came political unity, then a common currency. Still, east Germans are behind their western counterparts in living standards. But they want equality soon Page 9
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    • Article
      Sound of silence
      21 1 EVELYN GLENNIE may be deaf, but the Scottish percussionist is a woman of extraordinarily acute perceptiveness Page 11
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    • Article
      Fax charge surprise
      30 1 COMPANIES and individuals may not realise it, but they incur a charge for all facsimile transmissions, including those that do not get through. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Boost for NSTP
      38 1 PRODUCT improvements introduced by the New Straits Times Press during the year will provide greater stimulation and opportunities for the group and further enhance its position as the industry leader, says its chairman Page 2
      38 words
    • Article
      Scheme well received
      31 1 BANK BURUH's express shares credit, a new share financing package designed for the application of Proton shares, has received an overwhelming response from the investing public Page 2
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    • Article
      Sharp breakthrough
      39 1 A MASS MARKET for highdefinition television (HDTV) was brought years closer last week when Sharp surprised the industry by introducing an HDTV receiver for about a quarter of the price of the nearest competing product Page 3
      39 words
    • Article
      GPA going public?
      33 1 THE WORLD'S biggest aircraft leasing company, Ireland's Guinness Peat Aviation (GPA), could go public this spring with a share offering of US$l billion (551.63 billion) to US$l.5 billion Page 3
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    • Article
      Bid gets backing
      29 1 THE Bank of Thailand has thrown its support behind Thai businessman Thaksin Shinawatra's bid to acquire 10 per cent of the Bangkok Metropolitan Bank Page 4
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    • Article
      Sale ahead of schedule
      24 1 THE US government's sale of assets from the multi-billion-dollar portfolio of failed thrifts is proceeding ahead of schedule Page 4
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    • Article, Illustration
      STOCK INDICES
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    • Article
      CURRENCIES
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    • Article
      COMMODITIES
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  • Article, Illustration
    S'pore trade growth slows to 5.4pc at current prices
    524 1  -  But in real terms, total trade last year grew by 9.Bpc By! Schutz Lee SINGAPORE Singapore's total trade last year grew by 5.4 per cent at current prices to hit $216.2 billion. This is the first single-digit trade growth figure since
    524 words
  • Article, Illustration
    S'pore's top execs highest paid in Asia for second year: survey
    480 1  -  By Anna Teo SINGAPORE The pay packets of Singapore's top executives are the biggest in Asia, and go furthest. Singapore's top management executives emerged, for the second year running, the best paid in the region in World Executive Digest's
    480 words
  • Article
    Singapore Business predicts a friskier stock market
    291 1 WHAT will the Year of the Monkey hold for stags, bulls and bears? In its annual stock market forecast, Singapore Business magazine reports that professional stock-pickers are looking forward to a better year. They believe that strong liquidity will force the market out
    291 words
  • Article
    Gadjah Tunggal gets nod for listing of SDRs
    386 1  -  By Magdalene Ng SINGAPORE Indonesian tyre-maker PT Gadjah Tunggal has received all approvals required from the Singapore and Indonesian authorities to list its depositary receipts here. Industry sources say the conglomerate is now finalising details for the listing. The issue is expected
    386 words
  • Article
    Seoul foreign debt seen topping US$50b in '92
    160 1 Reuter SEOUL South Korea's foreign debt is expected to top a record US$5O billion (5581.7 billion) this year because of its snowballing current account deficit, newspapers reported yesterday. Preliminary finance ministry figures published in several Seoul newspapers showed the nation's outstanding debt
    Reuter  -  160 words
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      Page 1 Advertisements Column 1
      141 1 PUCCINI MAIW IN ITALY sole Agent WONG BROTHERS SHOE TEL: 2®33 643 CONTENTS Market Reviews 19 Money Changer Rates 23 Money Market 21 News 6 SES 14-16 Simex 21 Sports 12 TV Radio 10 Weather 23 World News 8 World Stocks 20 For market indices, editorial, advertising and circulation extensions.
      141 words
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      110 1 ■a MIKIMOTO The Originator of Cultured Pearls Since 1893 jJ* -y-» fr# C. T. HOO Singapore #01-22 Tanglin Shopping Centre, Singapore 1024. Tel: *****47, *****43. THERE WILL BE normal publication of Business Times tomorrow, even though it is the Lunar New Year Day holiday. The paper will be available at
      110 words
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  • COMPANY NEWS 1
    • COMPANY BRIEFS
      • Article
        Cold Storage (M) signs accord with Watson
        102 2 KUALA LUMPUR Cold Storage (Malaysia) Bhd has entered into a memorandum of understanding with A S Watson Co Ltd to cooperate broadly in the food retailing and manufacturing business via strategic joint ventures. Cold Storage Malaysia said the rationale for the proposed strategic
        102 words
      • Article
        MAS to fly to Madrid
        56 2 KUALA LUMPUR Malaysia Airlines will fly to Madrid, Spain from June this year, according to Transport Minister Ling Liong Sik. This followed the signing of an air services agreement between Spain and Malaysia recently. The initial weekly flight might be increased to twice weekly at
        56 words
      • Article
        Paging service now covers Johor
        77 2 KUALA LUMPUR Hutchison Paging, the service arm of Hutchison Setting Telecommunications Sdn Bhd, has completed the launch of its southern regional paging centre with the inclusion of Johor to its network in January. Hutchison Paging said the company now operated four regional paging centres, with
        77 words
      • Article
        Malayan Cement does better
        93 2 KUALA LUMPUR Malayan Cement Bhd recorded a M 580.35 million (about Ss4B million) group operating pretax profit for the year ended Nov 30, 1991, up 31.1 per cent from M 561.31 million in the previous corresponding period. This came on the back of a 26.3 per
        93 words
      • Article
        Affin's use of additional funds
        94 2 KUALA LUMPUR Affin Holdings Bhd will use the proceeds from the exercise of its transferable subscription rights (TSRs) as additional capital for its three operating subsidiaries. The three subsidiaries are Perwira Habib Bank Malaysia Bhd (PHB), Permata Merchant Bank Bhd and Affin Finance Bhd. Affin
        94 words
    • Article
      Impressive debut on KLSE Second Board by Mancon
      175 2 MBT KUALA LUMPUR Mancon, a subsidiary of Pilecon Engineering, made an impressive debut on the Kuala Lumpur Stock Exchange Second Board last Friday, closing at M 54.34 for a premium of Msl34 over its offer price of M 53.00. The first day
      MBT  -  175 words
    • Article, Illustration
      Gulf War fails to dent NSTP performance
      431 2 Boost for group's venture into financial sector seen MBT KUALA LUMPUR Product improvements introduced by the New Straits Times Press (NSTP) during the year will provide greater stimulation and opportunities for the group and further enhance its position as the industry leader, says
      MBT  -  431 words
    • Article
      Acquisition set to boost Pengkalen's profitability
      253 2 Bernama KUALA LUMPUR Pengkalen Holdings Bhd's proposed acquisition of Siap-Kon Sdn Bhd is expected to enhance Pengkalen's long-term profitability and contribute to the group's broad and stable earnings base. In a circular released last Friday to shareholders relating to the proposed acquisition, Pengkalen said
      Bernama  -  253 words
    • Article
      Good response to Bank Buruh share financing package
      346 2 KUALA LUMPUR Bank Buruh's Express Shares Credit, a new share financing package designed for the application of Proton shares, has received overwhelming response from the investing public. While some commercial banks and finance companies have virtually scrapped their share financing facilities, Bank
      346 words
    • Article
      Wo Kee Hong may set up plant in Malaysia
      259 2 NST KUALA LUMPUR Hongkong-based Wo Kee Hong (Holdings) Ltd is considering investing at least Ms3o million (about SslB million) in Malaysia to set up a plant to assemble electrical and electronic equipment. Vice-president Richard M F Lee said the company was
      NST  -  259 words
    • Article
      Union Paper expects exports to rise
      331 2 Bernama KUALA LUMPUR Union Paper Holdings Bhd's MS23 million (about 5513.8 million) plant in Bentong, which specialises in the production of high-quality paper products, will help boost the company's total exports to about 35 per cent from its current level of 15 per cent.
      Bernama  -  331 words
    • Article
      Asian bourses do not revolve around Tokyo
      616 2  -  MARKET TALK Chinese becoming one of the strongest forces By William Chia SINGAPORE The Chinese in Asia will become one of the strongest and most positive forces to shape the economies of the region, says the Hongkong-based Political Economic Risk Consultancy (Perc). This
      616 words
    • Article
      Sharp scores breakthrough with cheap HDTV receiver High-definition television now within reach of many Japanese
      506 3 Reuter TOKYO A mass market for high-definition television (HDTV) was brought years closer last week when Sharp, the Japanese electronics company, surprised the industry by introducing an HDTV receiver for about a quarter of the
      Reuter  -  506 words
    • Article
      Indonesia's Bimantara consolidating businesses
      318 3 JAKARTA PT Bimantara Citra, the widely diversified business group controlled by Bambang Trihatmodjo, is consolidating its businesses into nine divisions to promote efficiency, the Jakarta Post reported. Two senior executives for the holding company said last week that some subsidiaries would be merged or even liquidated
      318 words
    • Article, Illustration
      Indian judge orders freeze on assets of ex-Union Carbide chief
      220 3 AP BHOPAL, India A judge last Saturday ordered a freeze on the assets of Warren Anderson, the retired chairman of Union Carbide Corp who ignored a summons to face criminal charges in the 1984 gas tragedy that killed nearly 4,000
      AP  -  220 words
    • Article
      Bourse and foreign banks for Guangzhou soon
      229 3 Reuter GUANGZHOU China's southern city of Guangzhou is well on its way to setting up the country's third stock exchange, and foreign banks will be allowed to open branches there soon. Its deputy mayor, Lei Yu, told a news conference last Friday that
      Reuter  -  229 words
    • Article, Illustration
      UN study proposes financial market in pollution rights
      358 3 Reuter LONDON Market forces should be enlisted to fight global warming by creating an international exchange to trade in pollution rights, a United Nations study recommended. The 300-page report, prepared for the United Nations Conference on Trade and Development (Unctad) and released
      Reuter  -  358 words
    • Article
      Guinness Peat could go public in spring
      319 3 Reuter LONDON The world's biggest aircraft leasing company, Ireland's Guinness Peat Aviation (GPA), could go public this spring with a share offering of US$ I billion (S$ 1.63 billion) to US$l.5 billion, say industry sources. The company has declined to confirm a recent
      Reuter  -  319 words
    • Article
      Biggest Saudi share issue three times oversubscribed
      193 3 AP RIYADH Saudi Arabia's biggest public issue has been oversubscribed almost three times, in spite of boycott calls by religious zealots, say Riyad Bank officials. The flotation, which closed on Jan 29, brought in 11.5 billion riyals (Sss billion) in subscriptions. Riyad, the
      AP  -  193 words
    • COMPANY BRIEFS
      • Article
        Bechtel of US wins HK airport consultancy deal
        94 3 NEW YORK International Bechtel Inc, a unit of Bechtel Group, said it signed a US$25 million (5540.8 million) contract with the Hongkong government under which it will continue to provide consultancy services for Hongkong's new airport project. The company said the Phase
        94 words
      • Article
        Java Sea gas find
        123 3 JAKARTA Atlantic Richfield Indonesia Inc has found offshore gas in the Java Sea, the state oil and gas company Pertamina said. The KLX-1 and the KLY-1 delineation wells in the North-west Java block, each yielded 38 million cubic feet and 59 million cubic feet of gas
        123 words
      • Article
        Group bids for stake in smelter
        112 3 MELBOURNE A consortium led by First National Resource Trust (FNRT) and China International Trust and Investment Corp (Citic) said it has offered to buy 20 per cent of the Portland aluminium smelter from the Victorian state government for more than US$2BO million (*****.4 million).
        112 words
      • Article
        Nissan considers Aussie shutdown
        104 3 MELBOURNE Japan's Nissan is considering the shutdown of its car-making operations in Australia, costing up to 2,000 jobs, according to a report. The Sunday Age yesterday said Nissan's managing director in Australia, Leon Daphne, had been in Tokyo last week discussing the operations and he refused
        104 words
      • Article
        Microsoft aims to set standard
        89 3 SEATTLE Microsoft Corp is mounting an aggressive campaign to claim for itself the branding rights for the huge "IBM-compatible" personal computer market. Microsoft said it is offering the 130 hardware suppliers whose PCs run its best-selling Windows program including International Business Machines Corp use of
        89 words
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      Page 2 Advertisements Column 1
      270 2 Gong Xi Fa Cai! Amara Celebrates Lunar New Year In Many Auspicious Ways... 2-18 February 1992 For that auspicious start to a prosperous year of the Monkey, celebrate with your families and colleagues at the Amara Hotel. "Yu Sheng" Specials 2-18 February 1992 SALMON I KAN PARANG $48 standard (for
      270 words
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      Page 3 Advertisements Column 1
      149 3 Aim for a bigger audience in ASIAN AEROSPACE' 92 SPECIAL FEATURE IN The Straits Times FEBRUARY 24,1992 ft -s-j? Ik Lianhe Zoobao FEBRUARY 24, 1992 Businesslimes FEBRUARY 25, 1992 ASIAN AEROSPACE is considered one of the worlds most important air shows. Three of our newspapers will be publishing a special
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Growth in Tokyo bank lending hits record low
        111 4 TOKYO Japanese bank lending in the December quarter prew 4.7 per cent from a year earlier, down from 5.3 per cent in the three months to June and the smallest quarterly increase on record, the Bank of Japan said last week. In
        111 words
      • Article
        Polish private bank owner held
        95 4 WARSAW The American owner of Poland's first private bank, detained last Friday on a prosecutor's request, was officially arrested on Saturday and may be extradited the US as a tax criminal. "David Bogatin is under a temporary, one-month arrest," Justice Ministry spokesman Andrzej Cubala told
        95 words
      • Article
        Lebanese banking sector falters
        87 4 BEIRUT A rush of faltering Lebanese banks is sending shock waves among depositors and undermining trust in its banking sector, once the strongest in the Middle East. Four out of 84 working banks stopped paying their depositors in 1991. In the past two weeks, the Libano-Bresilienne
        87 words
      • Article
        Rabobank's '91 net earnings flat
        77 4 UTRECHT, the Netherlands Dutch cooperative bank Rabobank Nederland has said its net earnings were flat in 1991 although it saw slight growth in its gross profit. The bank, the Netherlands' second largest, previously said it thought substantial earnings were possible for the year. Rabobank's net
        77 words
    • Article
      No rights or bonus issue from Westpac
      278 4 Reuter SYDNEY Westpac Banking Corp is not considering a rights or a bonus issue at present, chairman Sir Eric Neal told the annual meeting. Answering a shareholder's question concerning speculation about a rights issue, Sir Eric said no issue was being considered. "We
      Reuter  -  278 words
    • Article, Illustration
      Thai central bank backs Shinawatra bid for bank stake
      465 4 BANGKOK The Bank of Thailand has thrown its support behind Thai businessman Thaksin Shinawatra's bid to acquire 10 per cent of the Bangkok Metropolitan Bank, the Bangkok Post reported on Friday. Bank of Thailand Assistant Governor Charoong Nookwan told the Post
      465 words
    • Article
      Sale of failed thrifts ahead of schedule
      395 4 Reuter WASHINGTON The US government's sale of assets from the multibillion-dollar portfolio of failed thrifts is proceeding ahead of schedule, a top Resolution Trust Corp official said on Friday. Lamar Kelly, deputy executive director of the federal agency created to clean up the
      Reuter  -  395 words
    • Article
      Societe Generate expects recovery in '91 gross profits
      298 4 FT PARIS Societe Generate* one of France's largest pfi-" vate sector banks, expects to see a recovery in gross operating profits to around 10 billion francs (552.97 billion) in 1991, after a fall in profits during the fmevious year. The Societe Generale's
      FT  -  298 words
    • Article
      Two firms helping probe into corporate bond fraud
      300 4 Reuter NEW YORK Citibank and the Depository Trust Co said on Friday they were assisting in an investigation into international corporate bond fraud. Corporate bonds that have already been cancelled or redeemed are circulating around Europe and the United States, said banking
      Reuter  -  300 words
    • Article
      Germany's AMB ready to consider French offer for stake in BfG
      543 4 Reuter FRANKFURT German holding company AMB has said it will give serious consideration to an expected bid from French state-owned bank Credit Lyonnais for part of its stake in BfG bank. Aachener und Muenchener Beteiligungs-AG (AMB) owns just over
      Reuter  -  543 words
    • Article
      Argentina offers options to creditors and pledges US$15b in payments over 3 years
      422 4 Reuter NEW YORK Argentina has proposed a menu of options to commercial banks for easing its foreign debt burden and pledged some US$l5 billion (5524.5 billion) in total debt payments over the next three years. Economy Minister
      Reuter  -  422 words
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      97 4 INVESTMENTS' IN <* Business Times SPECIAL FEATURE February 17,1992 n i t hethemefor BuanessTmes' speciaJ feature is "New Zealand Gathering Strength for Recovery". The feature will also coincide with a seminar in Singapore on investing in New Zealand. Readers can look forward to vital information on business opportunities given by
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      Page 5 Advertisements Column 1
      133 5 i i m V itX. I? Ysr^ f |V. ,-71 i ULi~l/ 7ICI 7f/ 1C finer things in life arc within vour grasp its only natural l!v\> Jmisi i ■\1 v -V'tr, .'v' v to rcac/i for a C ilcntiddich v f ,i i 4 (> o > v J
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  • THE REGION
    • NOTE BOOK
      • Article
        Macau signs US$1.6b development deal
        97 6 MACAU The Macau government has signed a contract worth an estimated US$l.6 billion (552.6 billion) with a joint-venture company for a land reclamation and development project here. Last Friday, it signed the deal worth more than double Macau's biggest ongoing infrastructure project to construct a
        97 words
      • Article
        US to start pullout by May
        108 6 MANILA The US Navy will begin pulling out from its largest base in Asia by mid-May and will turn over the garrison to the Philippines by the end of the year, it was reported yesterday. The Stars and Stripes, the unofficial newspaper of the
        108 words
      • Article
        ADB lending and investment up
        75 6 MANILA Lending and investment by the Asian Development Bank in the developing countries of Asia jumped 25 per cent last year to more than US$5 billion (SsB.2 billion), the bank said in its latest quarterly review. In spite of fears of a global credit shortage
        75 words
      • Article
        KL pumps M$20m into Labuan
        54 6 LABUAN The Malaysian government has allocated more more than Ms2o million (5512.4 million) for the development of the Labuan Federal Territory, the Chief Secretary to the Government, Tan Sri Ahmad Saiji Abdul Hamid, said last Saturday. The allocation would cover development in the industrial, finance
        54 words
      • Article
        M'sia to try specialisation idea
        96 6 IPOH The Malaysian government will soon introduce the area specialisation concept with one product for one village similar to the Oita Prefecture in Japan. The Housing and Local Government Minister, Dr Ting Chew Peh, said last Saturday that the move was aimed at enhancing productivity,
        96 words
      • Article
        Godfather threat in Thai polls
        78 6 BANGKOK A government-backed watchdog set up ahead of the March elections has failed to find volunteers to monitor polling in the home province of the country's best-known "godfather", it was reported here yesterday. Poll Watch, a body comprising academics and lawyers, had been unsuccessful in
        78 words
    • Article, Illustration
      Vietnam to amend investment code
      554 6 —Procedures to be simplified for foreigners, special zones developed AFP HANOI Vietnam's investment code will be amended soon to make it easier for foreigners to invest in the country, Vietnamese Premier Vo Van Kiet said in an interview published on Friday. "In order to strengthen
      AFP  -  554 words
    • Article
      Adoption of Gatt draft predicted to hit Thai agriculture, textiles
      393 6 BANGKOK A leading Thai academic has predicted that Thai agricultural and textile products would be the hardest hit if the final draft proposal to wrap up the Uruguay round of the General Agreement on Tariffs and Trade (Gatt) is adopted,
      393 words
    • Article
      Sri Lanka records 8-year tourism high
      368 6 Reuter COLOMBO Despite a world recession, the Gulf war and a continuing ethnic conflict, Sri Lanka last year recorded the highest number of tourist arrivals in eight years, hoteliers and tourism officials said on Friday. A total of 317,000 people visited the Indian Ocean
      Reuter  -  368 words
    • Article
      Thai garment industry confident of being able to compete in Afta
      268 6 BANGKOK The Thai garment industry is ready to compete with other Asean members once the Asean Free Trade Area (Afta) provisions agreed to recently at the Asean Summit reduce tariff levels, says a report in the Bangkok Post. But
      268 words
    • Article
      IMF-Thai help for Myanmar economy
      227 6 BANGKOK The International Monetary Fund and Bank of Thailand will jointly provide technical assistance to Myanmar's central bank to help the neigh bouHug country develop its economy, according to a report in The Nation. Central bank governor Vijit Supinit said the central bank was asked
      227 words
    • Article
      Construction boom in region means big bucks for big builders
      628 6 Mammoth projects to develop countries' infrastructure Reuter TAIPEI South-east Asia, its transport and communications systems creaking under the strain of rapid eoonomic growth, is launching a string of giant construction projects to develop the region's infrastructure. From Taipei to Bangkok,
      Reuter  -  628 words
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      96 6 r. *•>♦>' &fc-*«M >«•<**■ #*> 'w 4^"<-»% W*#SINGAPORE MM lib#; D n <; >•< •m *S >: v <■■■•» vi r <S> Ife r ad #Ni a» *k ?%r: V* 'Q •••*•< ■a rts fi U v >. r Y K* CONSTRUCTION v V; ft'.'-X,. ;J;,£ <w<§i Yf; r J
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  • THE WORLD
    • WORLD WATCH
      • Article
        Waigel promises a fair tax Bill for Germans
        98 8 BONN Finance minister Theo Waigel said a revised tax Bill that he would present on Wednesday was "a fair financially feasible compromise for the federal government" that would benefit the east German regional states. In an interview with the Welt Am Sonntag
        98 words
      • Article
        Romania, Ukraine agree on ties
        64 8 DAVOS, Switzerland Romania and newly independent Ukraine have agreed to establish diplomatic relations, despite a territorial dispute between the two neighbours going back to World War 11. Romanian President lon Iliescu said he had met Ukrainian President Leonid Kravchuk during the World Economic Forum to
        64 words
      • Article
        Major's human rights push
        74 8 LONDON British Prime Minister John Major has asked his Chinese opposite number Li Peng to allow him to send a delegation to monitor respect for human rights in China, a Downing Street spokesman said on Saturday. The request was made on Friday in New York, where
        74 words
      • Article
        Egypt wants industrial zone
        89 8 CAIRO Egypt will ask Japan to revive plans for a Hongkong-style industrial zone north of the Gulf of Suez, a senior government official said last week. The zone, first mooted in 1985, would transform Middle East economies and create jobs for Egypt's unemployed youth, the chairman
        89 words
      • Article
        Kazakh leader to visit Pakistan
        58 8 ISLAMABAD Kazakhstan's President Nursultan Nazarbayev will make an official visit to Pakistan from Feb 25, Pakistan's state television said on Saturday. It quoted Pakistani Prime Minister Nawaz Sharif as saying in the Swiss town of Davos after a meeting with Mr Nazarbayev that the Kazakh
        58 words
      • Article
        Seoul wants nuclear check
        73 8 SEOUL South Korea will urge North Korea in resumed border talks this week to ratify its nuclear safeguards accord promptly and allow inspectors to gain access to its secret nuclear facilities, the domestic Yonhap news agency said yesterday. "The North has not clearly said when it
        73 words
    • Article, Illustration
      Ukraine rejects c'wealth economic unity
      361 8 Reuter DAVOS, Switzerland Ukraine dealt a blow on Saturday to Russian hopes of preserving a single economic area on the territory of the former Soviet Union when its president said the area had already disintegrated. "I can imagine the joint economic space in theory, but
      Reuter  -  361 words
    • Article
      More than half of N Korea's factories said to be closed
      302 8 AP SEOUL A serious shortage of energy and raw materials and shrinking overseas demand keeps more than half of North Korean factories closed, a South Korean business leader said. Kim Woo Choong, chairman of the Daewoo Business Group, said
      AP  -  302 words
    • Article
      Lunar New Year spending shows optimism of Taiwanese
      252 8 UPI TAIPEI Consumer confidence may be down in reces-sion-hit areas of the world, but business in Taiwan is booming in advance of Chinese New Year. Armed with dollars more valuable than ever before, retailers report Taiwan consumers spent 10 to 20 per
      UPI  -  252 words
    • Article
      Hard bargaining expected from Russia in arms talks
      502 8 But Yeltsin's shift to back anti-missile system seen as turning point PARIS Moscow's shift to support anti-missile defences is a turning point in the diplomacy of nuclear weapons, even though the leadership of Russia is determined to bargain hard on the exact
      502 words
    • Article
      Central Asia wants fair share of Western aid
      298 8 Reuter MINSK, Belarus Central Asian republics fear they will lose out in a major Western aid programme for the Commonwealth of Independent States, Western aid officials said. Representatives from the mostly Muslim states told an aid conference in the Belarus capital that
      Reuter  -  298 words
    • Article
      Nationalists proclaim restoration of ancient Tatar state
      192 8 AFP MOSCOW Nationalists in the autonomous republic of Tatarstan, in the Russian Federation, proclaimed the restoration on Saturday of an independent Tatar state that went out of existence more than 400 years ago. Delegates to the Tatar Kurultaya, or congress, meeting in the
      AFP  -  192 words
    • Article
      Little sign yet of functioning Russian market
      340 8 Reuter MOSCOW One month after Russia freed prices in a move to a market economy, there is little evidence of either a functioning market or a working economy. The price liberalisation, introduced on Jan 2, was heralded as an essential first step towards
      Reuter  -  340 words
    • Article, Illustration
      Germany fears refugee influx if CIS reforms fail
      225 8 Reuter BONN Economics Minister Juergen Moellemann said Germany could face a wave of refugees from the former Soviet Union if democratic and economic reforms there should fail. "If economic and democratic reforms fail in the countries (of the Commonwealth of Independent States),
      Reuter  -  225 words
    • Article, Illustration
      Cheering for peace
      78 8 SAN SALVADOR Several hundred soldiers celebrating on Saturday the formal ceasefire which went into effect that day, shortly alter returning to their barracks from the Guazapa Volcano area where they had taken part in military operations. Fighting between leftist rebels of the Farabundo Marti National Liberation Front
      78 words
    • Article
      African states to work fast on common market
      171 8 Reuter LUSAKA Leaders of 18 east and southern African states closed a two-day conference on economic cooperation with a pledge to work speedily towards the establishment of a regional common market. The leaders of the 18nation Preferential Trade Area (PTA) said on
      Reuter  -  171 words
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  • ANALYSIS
    • Article, Illustration
      Breaking the Wall was just the first step
      977 9  -  First came political unity, then a common currency. Still, east Germans are behind their western counterparts in living standards. But not for long. Amy Baian catches up with the German unification process and its corporate reflection in Carl Zeiss Amy Balan Keeping
      977 words
    • Article, Illustration
      Two companies, same founders
      763 9 THE recent unification of giant optical products maker Carl Zeiss is a microscopic study of German unity itself. Founded in 1846 in the university town of Jena by German engineer Carl Zeiss and his partner Ernst Abbe, the German company, like the country, was split up
      763 words
    • Article
      Spreading the word about the new German states
      519 9 SINCE the Berlin Wall came tumbling down in November 1989, Gisclla Linz has gone over to the east many times. Each time, she brings visitors from all corners of the world. Ms Linz works for Inter Nationes (IN), a German institute set
      519 words
    • Article, Illustration
      Glimpses of the east
      414 9 AT the Carl Zeiss head office in Jena, an enterprises department works with potential investors to create new companies, and hence new jobs for displaced staff of the former conglomerate. As a symbol of its importance, the department has, along its corridors, a newlooking photocopier. From
      414 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      74 9 DOONESBURY gANPIPATE PUKE IS STEAMED. yOU 3EE HOUJ JHSY TU/tSIW MY WORPS ABOUT THE KIMl 7 1 TOLP YOU THAT INTERVIEW MAS A BAP IPSA! LOOK, CUZ, IT GOT YOU INK, PIPN7IT? TT MOVED ON THE UJIRES, GOT YOUR NAME OUT THERB AGAIN! s 1 r BY GARRY TRUDEAU ONCE
      74 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      760 10 Nothing Beats ABud. P«NC OF BUD LIGHT WHERE TO WINE, DINE... DIANXIN TEMPTATIONS Continuing the parade of culinary gems incomparable Ruyi offers a fine selection of Dian Xin. From our creative A la Carte menu treat yoursetf to all the Dian Xin you can enjoy for $16.80+ per person. Open
      760 words
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      Page 10 Advertisements Column 2
      304 10 '^mdmvian fCaty The freshest salmon, smoked to perfection. Marinated Prawns, Pickled Herrings, Rock Oysters and other Scandinavian favourites are in our sumptuous buffet. You 11 fall for it hook, line and sinker. Scandinavian Buffet I unch February 1 2^ Noon 2.30 pm Adult: $36 Child below 10: A la carte
      304 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      652 10 TELEVISION AND RADIO Family problems OUR CHOICE Cousins, 10.30pm, SBC 5 American remake of the French film Cousin. Cousine. Two friends, played by Ted Danson and Isabel Rossellini, become relatives when his uncle marries her mother. Their lives become even very complicated when his wife has an affair with her
      652 words
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  • THE ARTS
    • Article, Illustration
      A different drummer
      1212 11  -  Julie Chatterjee gets some interesting insights into a rare personality when she talks to Scottish percussionist Evelyn Glennie over a Cantonese dinner Julie Chatterjee EVELYN Glennie is as dextrous at the dinner table as she is on stage wielding her drumsticks and hammers. A pair of chopsticks
      1,212 words
    • Article
      Fascinating rhythms
      566 11  -  P Y Van listens to Evelyn Glennie in concert P Y Van EVELYN Glennie's concert last Wednesday at the Victoria Concert Hall was a lesson in communication. Together with accompanist Philip Smith, she demonstrated that music is a highly disciplined, beautiful and enlightened way of conveying and sharing
      566 words
    • Article, Illustration
      Working in synchrony
      628 11  -  Philip Smith enjoys his musical partnership with Evelyn Glennie, but he also has his own solo career. Jufie Chatteijee reports Julie Chatterjee TALL, clean-shaven, possum-eyed Philip Smith may not look a day older than 27, but he is 34 and has been playing the piano since he
      628 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      276 11 AND ENTERTAIN k, 46 f{ m a fit V. k f Monday Western Delights Tuesday Chinese Savouries Wednesday Malay Temptations Thursday Indian Favourites Friday Italian Raptures Saturday International Lunch in a Flash Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $19.50++ per person.
      276 words
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      Page 11 Advertisements Column 2
      70 11 m CHINESE NEW YEAR AT MARINA BAY CHINA CHINA RESTAURANT Set menus from $8872 persons to $*****0 persons A la carta menu from $14 to 60 per dish NISHIKI JAPANESE RESTAURANT Set menus from $30* $357 person You don't hare to be a member to enjoy fine MARINA IA V
      70 words
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  • SPORTS
    • SIDE LINES
      • Article
        Australian swimmer sets new 1,500m mark
        131 12 CANBERRA Australian Kieren Perkins smashed the 1,500 m freestyle short course world swimming record at the second Grand Prix swim meet here yesterday. He clocked 14 min 32.40 sees to carve 5.2 sees off the old world record set by the former Soviet Union's
        131 words
      • Article
        Nissan car leads in Daytona
        118 12 DAYTONA BEACH, Florida The Nissan R9O of Geoff Brabham, Chip Robinson and Bob Earl moved to a one-lap lead over the all-Japanese Nissan R9l after the first seven hours of the Rolex 24-hour sports car endurance race at Daytona International Speedway last Saturday. The Japanese
        118 words
      • Article
        Move to tackle Aids danger
        64 12 MELBOURNE The Australian Football League will introduce new rules for its 1992 season aimed at protecting players from the danger of catching Aids on the field. New guidelines will include empowering club doctors to remove from the field players "bleeding profusely", not allowing players back
        64 words
      • Article
        Black Tie Affair honoured
        82 12 LAS VEGAS Black Tie Affair, winner of the 1991 Breeders' Cup Classic and six other stakes races, was named 1991 Horse of the Year in the annual Eclipse Awards announced last Saturday. Black Tie Affair earned nearly US$2.5 million (Ss4.l million) during the year. The five-year-old
        82 words
      • Article
        New Zealand beats Espana 92
        89 12 SAN DIEGO New Zealand, the "little boat with the funny nose", defeated Spain's Espana 92 here last Saturday in what became the only real race on day six of the America's Cup challenger series. New Zealand, skippered by Rod Davis, led from start to finish
        89 words
      • Article
        Foreman to meet Stewart
        109 12 LAS VEGAS Former heavyweight champion George Foreman will meet contender Alex Stewart in Las Vegas on April 7, it was announced last Saturday. The 42-year-old veteran will be fighting for only the second time since losing a decision to world champion Evander Holyfield in April. Foreman,
        109 words
      • Article
        Heavyweight contenders win
        73 12 LAS VEGAS Undefeated contenders Lennox Lewis of Britain and American Michael Moorer both battered their opponents with ease to take unanimous decisions on a heavyweight fight card last Saturday. Lewis pummelled the head of sturdy but outclassed American Levi Billups for 10 rounds to improve his record
        73 words
    • Article, Illustration
      Geoff Boycott still bats about cricket
      721 12 England's batting legend remains as passionate as ever Reuter CHRISTCHURCH At 51, Geoffrey Boycott, England's most prolific batsman, is still following his beloved game around the world, in spite of retiring six years ago. "I love the game. I'd like to be out there
      Reuter  -  721 words
    • Article, Illustration
      Boat rental leader eyes Asia-Pacific
      536 12  -  Club Nautico to provide more services with Marina View, reports Nirmal Ghosh Nirmal Ghosh SINGAPORE The world's largest boat rental operation has tied up with a marina here to offer more sophisticated services to boat-lovers. Florida-based Club Nautico signed an agreement with Singapore's Marina View
      536 words
    • Article
      Swede hits hot streak ahead of final round in Florida event
      327 12 AFP LAKE WORTH, Florida Helen Alfredsson joined a three-way tie for the lead in the Oldsmobile Classic last Saturday, putting herself in position to score her first victory on the LPGA tour. The Swede, a British Women's Open champion
      AFP  -  327 words
    • Article, Illustration
      O'Meara takes two-stroke lead at Pebble Beach
      369 12 AP PEBBLE BEACH, California Mark O'Meara shot a four-under-par 68 in nearideal conditions last Saturday to take a two-stroke lead into yesterday's final 18 holes of the Pebble Beach National Pro-Am. "Anywhere but Pebble Beach, his lead would not be insurmountable," said defending
      AP  -  369 words
    • Article
      US sporting goods makers expect healthy sales in 1992
      292 12 Reuter ATLANTA As nearly 85,000 buyers and sellers of sporting goods gather for their annual trade fair, manufacturers are betting Americans' fitness obsession will offset economic woes and give the industry a healthy year. In spite of a year-long recession, US
      Reuter  -  292 words
    • Article
      Albertville getting ready as Winter Games draw closer
      483 12 AP ALBERTVILLE, France Crews swept streets last Saturday and put up signs with the five interlocking rings throughout this crossroads at the foot of the Alps as preparations for the 16th Winter Olympics entered their final week. In the mountains high above
      AP  -  483 words
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  • ENTERPRISE & MANAGEMENT
    • Article, Illustration
      A Time-honoured tradition
      701 13  -  The magazine chronicles the world and its events. Salil Tripathi talks to the man who keeps Time ticking. Salil Tripathi Even time can be late. Reginald Brack, 55, is the chairman, president and chief executive officer of Time Inc Magazines, but that triplebarrel title is not enough
      701 words
    • Article, Illustration
      Magazine races against the clock to stay ahead of readers
      887 13 Time seeks to provide perspective different from other media HE SITS atop a three billion dollar company whose job is to find out what the rest of the world is up to. Reginald Brack clearly enjoys his job. Since 1923,
      887 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      117 13 Today, half the world's checks are processed by one computer company r- Whether you're working with dollars or ringgit, rupiah or baht, the computer is at the heart of every bank. At Unisys, we're proud that 44 of the world's 50 largest banks trust their business to us. The same
      117 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market unlikely to rally this week, say brokers
      867 14  -  By Quak Hiang Whai WITH investors sidelined ahead of the Lunar New Year, stocks in the Singapore stock market drifted lower last week on profit taking marked by cautious trading. Brokers said investors had given up hopes of the traditional pre-Lunar New
      867 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    204 15 I FPPMn M Juotecl 1,3 w 3 W vatue of 31 and trad€d ,n tots of 1,000 shares each LCUILI to/ unless otherwise specified ABN shares quoted in dollars Information on Nasdaq stocks, other than that given above, was not available Currency traded SJ unless
    204 words
  • Page 15 Advertisements
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  • Article
    STOCK EXCHANGE OF SINGAPORE 3
    123 16 I CPCMn M i,es <)>*>'«> have a par value of {1 and traded in lots of 1.000 shares each LCUCIw unless otherwise specified ABH shares quoted m dollars formation on Nasdaq stocks, other than that given above was not available Currency traded S$ unless otherwise
    123 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      24 16 SPH Shine Company Research The smart addition to your research department is only a phone call away Telephone: *****63, *****66, *****89 .V. •v.* 555!
      24 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Late bargain-hunting lifts market from its lows
      532 17 Bernama WIDESPREAD bargainhunting last Friday reduced losses on the local bourse and prices ended off their lows last week. Selected quality stocks posted good gains in the final 30 minutes of the week's trading day before the market closed for the weekend for
      Bernama  -  532 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      24 18 Forecast figures are contributed by Baring Securities, Crosby Securities, DBS Securities, GK Goh Securities, Hoare Govett Securities and Kay Hian James Capel.
      24 words
    • Article
      OTHER RESULTS DUE
      49 18 Net Profit represents consolidated earnings after provision for depreciation,interest charges, taxation and minority interests; t Interim; F: Final; (b): In million yen; (c): In Australian dollars, (d); In million guilders, (e) In HKsm; Profit before tax; TE. Tax Exempt; NA: Not Available; L: Loss; (f): USShI
      49 words
    • Article
      AUDITED RESULTS
      2 18
      2 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      1486 18 Trans Registered Substantial Buy/ No. of Amount Shareholding Stock Date Holder Shareholder/Director Ml shares Before After NOL 27/01/92 Street Names Temasek Holdings (Pte) Ltd S 25,000 41.559 182.567.481 39 08 182.542.481 39 06 DBS Foreign 27/01/92 Street Names Temasek Holdings (Pte) Ltd •s 5.000 68.700 109,059.497 20
      1,486 words
    • Article
      PRELIMINARY RESULTS
      2 18
      2 words
    • Article
      INTERIM RESULTS
      121 18 Figures in brackets are for the previous corresponding period L: Loss. TE: Tax Exempted. N: Net, NYA: Not Yet Available Adiusted tor scrip issues, (k): In million Dutch Florins, (c): Profit after tai. (d): In million HK$. Company's profit. (0: "**M yen. (g): Profit after tax minority interests,
      121 words
    • Article
      CORPORATE DEVELOPMENTS
      649 18 Jan 31 Oriental Hokfings Bhd s subsidiary, Teck See Plastic Sdn Bhd has set up a new company, Hicom-Teck See Manufacturing Bhd, to make plastic motor car parts in Malaysia. Berjaya Group Bhd's stake in Inter-Pacific Capital Sdn Bhd will be increased from 30.1% to 70.3% following its
      649 words
    • Article
      DIVIDENDS ANNOUNCED
      124 18 Al shares Quoted have a par value of {1 unless otherwise specified. NYA Not Yet Available: kit Interest. I Interim. N Net TE Tai Eiempt S Special divriend. (i) Adjusted for scrip issue; (b) First and Final, (c) Includes 4% special dividend (d) Includes 6% special diwlend: (e)
      124 words
    • Article
      APPROVED ISSUES
      2 18
      2 words
    • Article
      PROPOSED ISSUES
      2 18
      2 words
    • Article
      COMPANY MEETINGS
      101 18 Golden Plus Hottnp Bhd: EGM at its registered office, 15th Floor, MCB Plaza, 6 Changkat Raja Chulan, ***** Kuala Lumpur, on Monday, Feb 3, at 10am Fraser Neave Ltd: 93rd AGM EGM at its registered office, 475 River Valley Road. Singapore 1024, on Friday, Feb 14, at 10am
      101 words
    • Article
      SCRIPLESS CONVERSION
      2 18
      2 words
    • Article
      RECORD HIGHS & LOWS
      3 18 RECORD HIGHS LOWS
      3 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      61 18 lion art pries trandi n tflw virii't iM Mrtwti at ctMtM hy Mtrfai Stat* hy Cap Hal kirt I Ipmb a has* of 100 at tfc* >i|lHln at IMS. Tka altar Mfcaa an tahaa (ra a haaa af 1M at tka kafiaatac at H7O Tka
      61 words
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  • MARKET REVIEWS
    • Article
      Stocks hurt by rate fears after hitting record high
      502 19 AFP SHARE PRICES of leading stocks on Wall Street hit a record high last Tuesday, then slid the rest of the week as US Federal Reserve chairman Alan Greenspan tacitly ruled out more interest rate cuts in the near future. Blue-chip
      AFP  -  502 words
    • Article
      Share prices perk up after three-week slide
      579 19 v •> TOKYO AFP SHARE PRICES rose substantially on the Tokyo stock market last week after declining for three consecutive weeks, as individual investors who have long been away returned in the last few days. The benchmark Nikkei Stock Average closed last Friday
      AFP  -  579 words
    • Article
      Hang Seng up slightly despite profit-taking
      212 19 HONGKONG AFP THE Hongkong stock market finished slightly higher last week even after profit-taking dragged the Hang Seng Index down twice. The key indicator gained a negligible 1.7 points or 0.04 per cent to close at 4,601.78 last Friday. Average daily turnover, however, dropped
      AFP  -  212 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        246 19 THE Australian share market finished the week marginally firmer in spite of solid trading in most major stocks, brokers said last Friday. The main market indicator, the All Ordinaries Index, rose 3.7 points on the week to finish at 1,619.5. The All Industrials Index finished the week 3.4 points
        246 words
      • Article
        SEOUL
        102 19 SOUTH KOREA'S stock market closed the week higher amid lower interest rates and expectations of more foreign investment. The broad-based Composite Price Index closed Saturday's half-day trading at 691.37, up 27.08 points or 4 per cent in value from the previous week. Average daily turnover was a heavy 29.8
        102 words
      • Article
        MANILA
        129 19 SHARES on the Philippine stock market fell slightly last week due to profit-taking amid rumours of another offshore oil strike. The composite index at the Manila Stock Exchange fell to 1,255.97 points last Friday, down 22.71 points or 1.8 per cent from the previous week. The composite in- dex
        129 words
      • Article
        JAKARTA
        307 19 SHARE PRICES went up on the Jakarta Stock Exchange as a bullish mood reappeared on the market, strengthening prices for the fourth week in a row. The volume of average daily transactions rose to 12.67 million shares worth 50.88 billion rupiah from the 8.21 million shares worth 31.49 billion
        307 words
    • Article
      Economic and political fears hang heavy over market
      876 19  -  By Ray Heath REMEMBER Britain's recovery, which the politicians told the public was taking place in the closing months of 1991? Forget it. It was in the minds, or rather, the mouths of Conservative Party spokesmen. If they genuinely believed that the
      876 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      10 19 The Thai and Taiwan weekly market reports were not available.
      10 words
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      Page 19 Advertisements Column 2
      727 19 Don't miss Executive Jobs in Business Times every Saturday BUSINESS TIMES NOTICES TELEPHONE: Toll free Tel No 737 0043 Fax No: 734 3698 NOTICE IS HEREBY GIVEN that, I CHUA MOY of 35 PORTCHESTER AVENUE Singapore 1955, have applied for a SECOND CLASS PUBLIC HOUSE licence in respect of premises
      727 words
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  • WORLD STOCK MARKETS
    • Wall Street retreats in choppy trading
      • Article, Illustration
        NEW YORK
        542 20 STOCKS in New York retreated in choppy trading on Friday after investors took profits, as prospects for an economic recovery and lower interest rates remained uncertain. The Dow Jones Industrial Average, which rebounded 19.90 points on Thursday, plunged 21.47 points to 3,223.39 for its second straight losing week.
        542 words
      • Article, Illustration
        LONDON
        170 20 DESPITE a fall on Wall Street in early trading and the German steel workers' decision to strike, share prices on the London Stock Exchange held on to gains to close higher on Friday, buoyed up by rumours about a possible takeover bid for a leading British company. The blue-chip
        170 words
      • Article
        FRANKFURT
        255 20 UNDETERRED by the threat of the first strike in the steel sector in more than a decade, German shares pushed higher on Friday on strong buying in selected issues. The 30-share DAX index rose 6.58 points to 1,687.49. The share price of BMW jumped 12.50 marks to 536, bolstered
        255 words
      • Article
        AMSTERDAM
        130 20 DUTCH shares gained a little more ground on Friday, with selective demand propping up a market that most dealers saw as fairly tired and in need of a short-term consolidation before further rises. The EOE Index was 2.31 higher at 295.01, right on the overhead chart resistance blocking the
        130 words
      • Article
        PARIS
        172 20 UNWINDING of stock index futures and options pumped up the Paris bourse volume to its highest level in six months on Friday, but the share index ended only fractionally higher. The CAC-40 index added 1.31 points to 1,875.25 on volume of 4.9 billion francs. "It's all futures related," a
        172 words
      • Article
        MILAN
        117 20 ITALIAN shares closed slightly higher on Friday after a session of choppy trading that saw the market rally, fall back and gain once more at the close. Brokers said volumes were slightly up from Thursday's 97 billion lire. The MIB all-share index ended 0.66 per cent higher, but was
        117 words
      • Article
        ZURICH
        111 20 SWISS shares ended a quiet Friday session slightly firmer as gains were limited by position squaring ahead of the weekend. Trading had slowed down after a Wall Street-inspired active opening session. The all-share SPI index closed 4.6 points firmer from Thursday at 1,111.4. The SMI index of leading shares
        111 words
      • Article
        STOCKHOLM
        61 20 PRICES on the Stockholm bourse closed firmer on Friday, supported by stronger foreign markets. But dealers said trading was dull and cautious ahead of an upcoming string of 1991 company results. The bourse general in- dex rose 0.27 per cent to 961.56 in turnover of 414 million crowns. Dealers
        61 words
      • Article
        JOHANNESBURG
        201 20 CURRENCY-linked shares gave up-' much of Thursday's gains on Friday in quiet and cautious pre-weekend trading as the financial rand stabilised for thetime being. South Africa's foreign investment v currency boosted the market on Thurs- day as it plunged sharply on foreign investor concern after a report that foreigners
        201 words
      • Article
        TORONTO
        95 20 TORONTO stocks finished a feature- less Friday mixed, with the market lack- ing direction. The market's decline was "< not as severe as in New York, which. dropped more than 21 points in late dealings amid uncertainty about interest rates and US economic policies. .i' The gold and silver
        95 words
      • Article
        Untitled
        4 20 Source: Z-Landerbank Bank Austria
        4 words
      • Article
        INDICES & TURNOVER
        78 20 INDICES TURNOVER NEW YORK Close Prrriouv Feb 1 Do* Jones SAP 500 Turnover (million) 3.223.39 3.244.86 408.79 411.62 197.62 195 09 -21.47 -2.84 H2.53 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.996.6 2.571.2 627.2 1.973.6 2,550.8 589.6 f 23.0 ■♦-20.4 37.6 FRANKFURT DAX Index 1.687 49 1.680.91 +6.58 AMSTERDAM
        78 words
  • Page 20 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar weakens in face of economic reports
      355 21 NEW YORK Reuter NEW YORK The dollar fell slightly against most major currencies last Friday in quiet New York trading. The dollar dipped to 1.6115 German marks, from its Thursday close of 1.6160 in New York. But the dollar was unchanged against
      Reuter  -  355 words
    • Article
      Greenback chalks up gains against most Asian currencies
      701 21 ASIAN CURRENCIES THE US dollar gained last week against most Asian currencies, but fell against the volatile Australian dollar, the South Korean won, the Taiwan dollar and the Philippine peso. Interest rate rises in the US had a greater impact on the
      701 words
    • Article
      Foreign bond demand set to stay healthy in Tokyo
      489 21 High-yield European issues seen as particularly attractive Reuter TOKYO Japanese investors should continue to show a healthy appetite for foreign bonds this year, especially high-yield European issues, say senior fund managers here. "Given the recent declines in both long- and short-term
      Reuter  -  489 words
    • Article
      No plans for currency-support arrangement with EC: Sweden
      370 21 Reuter STOCKHOLM Swedish central bank governor Bengt Dennis says Sweden has no plans for a currency-support arrangement with the European Community before it enters the European Monetary System (EMS). "We have not engaged our colleagues in the Community in any such discussion
      Reuter  -  370 words
    • Article
      INTERBANK FOREX RATES
      67 21 Source: UOB Source: Astley Pearce OCBC Exchange Rate Index j an 31 The OCBC trade-weighted index for the Singapore dollar was down 0.02 per cent to 135.99. The index is calculated against the currencies of Singapore's top 12 trading partners. us$/s$ forward rates v,.„j a r i
      67 words
    • Article
      MONEY MARKET
      39 21 Rates quoted by Astley Pearce Rates quoted by NatWest Note: Based on latest issues Source: The Monetary Authority of Singapore Central bunk discount rates Average of 12 battle,. Float Source: National Westminster Bank Source: National Westminster Bank
      39 words
    • Article
      US expected to issue fewer long-term bonds
      421 21 Reuter WASHINGTON The Treasury Department is expected to sell fewer 30-year bonds and more short-term debt to lock in low interest rates and save taxpayers money, government sources said. White House budget director Richard Darman told lawmakers last Thursday that proposed Bush budget
      Reuter  -  421 words
    • Article
      PRIME LENDING RATES
      9 21 Source: Association of Banks in Singapore
      9 words
    • Article
      FINANCIAL FUTURES
      2 21
      2 words
  • Page 21 Advertisements
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  • COMMODITIES
    • Article
      Pretoria continues to rebuild gold reserves
      379 22 Reuter PRETORIA South Africa is gradually rebuilding its gold reserves but remains prepared to intervene selectively in the market, selling or buying, to calm sharp price swings, says a senior central bank official. However, James Cross, general manager for gold and foreign exchange operations
      Reuter  -  379 words
    • Article
      Russia's new oil project may cost up to US$19b
      304 22 Reuter MOSCOW A vast new project to explore and develop energy reserves off Russia's Far East coast could cost up to US$l9 billion (Ss3l billion) over the next two decades, said Russia's Ecology Minister, Viktor DanilovDanilyan. He told reporters that estimated
      Reuter  -  304 words
    • Article
      Coffee prices fall amid pessimism over quotas
      876 22 REPORTS LONDON Coffee prices fell to their lowest point this week since the beginning of the year as operators became increasingly pessimistic on chances of progress towards reintroduction of export quotas at the International Coffee Organisation's (ICO) meeting in London this week. Brazil,
      876 words
  • Article
    PRICES
    182 22 Source: UOB Metals Jan 31 Close Previous ALUMINIUM M.7% parity USS/tonne Cash 3 months Settlement Turnover 1222/1223 1247/1248 1223 27,992 1235/1236 1260/1261 1236 31,684 1 COPPER, Gratk A £/tonne Cash 3 months Settlement Turnover 1235/1236 1258/1258.5 1236 10.981 1216.5/1217 1243/1243.5" 1217 8.460 LEAD £/tonncCash 3 months Settlement Turnover 281.5/282
    182 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1202 22 BUSIN ESS times Toil free Tel No 737 0043 -Fax No: 734 3698 MSI CHUAN HUP HOLDINGS LIMITED 5577,284,750 Unsecured Floating Rate Notes due 1994 with transferable subscription rights to subscribe for new ordinary shares of $1 each in the capital of Chuan Hup Holdings Limited Pursuant to Condition 3(e)
      1,202 words
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      Page 22 Advertisements Column 2
      8 22 On target, Chartpoint in Business Times every Saturday
      8 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    364 23 AIRLINE COOES: At: Ar India (AO, AY: Fm« Oy (FIN). AZ: Atrtaha (AZA). BA: British Avways Pubic Ltd Co (BAW). BG: Oman Bangladesh Ajrlnes (BSC). Bl: Royal Brunei Amines Ud (RBA), BR: EVA Airways Corpn, CA: A* China (CCA). CI: China Airlines Ltd (CAL). CV. Cargotu*
    364 words
  • THE TRAVEL PAGE
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      38 23 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 36 European destinations. Check with your travel agent or call *****77 for more details. W« knew Eurap* from start to Finnish
      38 words
    • Advertisement
      Page 23 Advertisements Column 2
      6 23 Innovation Technology in BT every Tuesday
      6 words
    • Advertisement
      Page 23 Advertisements Column 3
      79 23 V[ SOLD AS PROSTITUTES FOR TWO BUFFALOES A Thai mother tells our writer why she sold her two teenage daughters into prostitution because she wants money to buy the buffaloes. But they still love her i 0 CROCODILE KRANJI Our writer goes crocodile hunting with the experts and lands a
      79 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      294 23 CRYPTIC CROSSWORD ACROSS 1 Unglazed earthenware (seconds) for English cookies (8) 5 Cartridge sought by kerb crawler (4-2) 9 It reminds one to stock eastern wine (8) 10 Not applicable to the way one discovers an Italian city (6) 11 Free evening spent close to very loud music (5,3) 12
      294 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      166 23 WEATHER Singapore Outlook: Windy with showers over a few areas in the afternoon. Report Maximum temperature 31.8 Assoc humidity 61% Minimum temperature 24.6 Assoc humidity 93% Hours of sunshine 8.10 Rainfall in mm Nil Rainfall this month Nil Rainy days this month 0 World report Asia-Pacific Hi/Lo* Cond. Auckland 24/17
      166 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      9 23 Bristol ?B&&Jlctez£ prologue. UcP>Bߣf\K.--eP'uoGue MO4A ASSOCIATED NEWSPAPERS LTD.. IM2-IW3
      9 words
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  • Article
    Yeltsin hails US visit, attacks inaction on aid
    405 24 Russian leader warns against failure of reforms AP OTTAWA Russian President Boris Yeltsin has declared his visit to the US a success but criticised countries and investors who are slow to help his troubled nation, saying that failure could bring war. At
    AP  -  405 words
  • Article, Illustration
    Bush, Yeltsin declare end to rivalry, proclaim new era of friendship
    339 24 NYT WASHINGTON President Bush and President Boris Yeltsin of Russia on Saturday proclaimed a new era of "friendship and partnership" as they declared a formal end to end to seven decades of rivalry, then agreed to exchange visits in
    NYT  -  339 words
  • Article
    Bush to discuss joint Star Wars plan with Yeltsin
    365 24 Reuter CAMP DAVID, Maryland US president George Bush said on Saturday he wanted to explore a proposal by Russian President Boris Yeltsin to develop a joint "Star Wars" missile defence programme. "We're prepared to discuss President Yeltsin's idea that he announced
    Reuter  -  365 words
  • Article
    Russian economists, politicians clash over reform
    388 24 Reuter DAVOS, Switzerland Russian city leaders and economists argued over the weekend that the government's price reform policies were pushing the country towards mass unrest and possible political collapse. But young ministers from the administration of President Boris Yeltsin with support from Western experts
    Reuter  -  388 words
  • Article
    Move to unblock EC-Efta market accord
    358 24 Reuter BRUSSELS European Community foreign ministers are expected to clear the way today for a deal with the European Free Trade Association (Efta) that would save an accord to create the world's biggest single market. Diplomats and officials said the ministers were likely to
    Reuter  -  358 words
  • Article
    US central bank policy makers see slow recovery
    522 24 Fed's cuts in interest rates so far seen to be enough Reuter WASHINGTON US central bank policy makers appear satisfied that, despite recent reports showing widespread weakness in the economy, a slow recovery will begin to take hold within a few months
    Reuter  -  522 words
  • Article, Illustration
    Miyazawa may face no-confidence motion
    343 24 AFP TOKYO Japanese Prime Minister Kiichi Miyazawa faces a possible noconfidence motion following the indictment last Saturday of one of his former top aides on charges of taking bribes from the steel frame company Kyowa. "Prime Minister Miyazawa should follow a responsible course of action,"
    AFP  -  343 words
  • Article
    Tokyo probing 66 contractors over alleged bid rigging
    323 24 AP TOKYO Japan's Fair Trade Commission is investigating 66 domestic contractors on suspicions that they rigged bids for billions of dollars of public works projects. The contractors were suspected of having agreed to divide up projects in Saitama Prefecture (state) among one
    AP  -  323 words
  • Article
    Lorrain gets to file 7th application
    319 24 Ex-BMF chairman gets nod after early morning sitting of High Court Bernama LONDON Two judges have allowed former Bumiputra Malaysia Finance Limited (BMF) chairman, Lorrain Osman. to proceed with his seventh application for habeas corpus after an unprecedented early morning sitting of the High
    Bernama  -  319 words
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  • Shipping Times
    • Article
      Unsuccessful faxes are charged
      416 25  -  Subscribers have complained to Singapore Telecom By Dexter Lee SINGAPORE Companies and individuals may not realise it, but they incur a charge for all facsimile transmissions, including those that do not get through. BT understands that a couple of annoyed telephone and fax subscribers who discovered
      416 words
    • Article
      Bangladesh opens new hangar complex
      207 25 AFP DHAKA An Australianaided As3o million hanger complex was added on Saturday to Zia International Airport in Dhaka, aiming to reduce maintainence cost of aircrafts of the national flag carrier, Biman Bangladesh. Biman's small fleet, including three DC-10's, have been maintained abroad, and the new
      AFP  -  207 words
    • Article
      Three consortiums compete for Seoul train contract
      365 25 UPI SEOUL Three international consortiums are competing to undertake the construction of a multi-bil-lion-dollar high-speed trainand railroad system linking South Korea's two largest urban centres by the end of 1998, officials said. The three consortiums, led by GEC Alsthom of France, Siemens AG
      UPI  -  365 words
    • NEWS SUMMARY
      • Article
        Euros re-born
        62 25 ON DEC 11, 1991 the Commission of the European Communities adopted a proposal of its member responsible for transport, Karel Van Miert, to amend the commission's proposal of 1989 for the establishment of a community ship register, Euros. The Euros proposal needed "flesh on the bones"; this much
        62 words
      • Article
        Syria protests to Germany over seizure
        32 25 SYRIA protested to Germany on Saturday over the seizure of a German ship carrying 16 Czechoslovak-made T-72 tanks to Syria, the foreign ministry said Back Page
        32 words
      • Article
        Air traffic recovery still uncertain: IATA
        39 25 HIT by the uncertainty created by the Gulf War, world airline traffic in 1991 never really recovered despite a late-year rally, the head of the International Air Transport Association (lATA) said. Back Page
        39 words
      • Article
        Logbook shows Soviet sub sank Swedish ship
        66 25 A TORPEDO fired from a Soviet submarine caused Sweden's worst sea disaster, the 1944 sinking of the passenger ship Hansa with the loss of 84 lives, Swedish media reported on Saturday. Until now the official version was that a German submarine had sunk
        66 words
    • Article
      PSA reminder to ship suppliers
      103 25 SINGAPORE The Port of Singapore Authority is requesting bunker barges and supply boats to ascertain where the ships to be serviced are before proceeding to the location. On several occasions, these barges and supply boats were reported to be moving in an indiscriminate fashion, hazardous
      103 words
    • Article
      New Year prompts mass migration of travellers
      445 25 UPI BEIJING The Year of the Monkey arrives tomorrow as Chinese around the world prepare to usher in the Lunar New Year with traditional feasting and fireworks, and a resumption of holiday travel subdued last year by the Persian Gulf War. From Beijing
      UPI  -  445 words
    • Article, Illustration
      Rebirth of Euros
      1640 26 The EC commission has adopted a proposal to amend the establishment of a community ship register, Euros. But shipowners were divided on the revised Euros International Transport Journal ON DEC 11, 1991 the Commission of the European Communities adopted a proposal of its member responsible for transport,
      International Transport Journal  -  1,640 words
    • Article
      DAILY FREIGHTS
      508 26 DRY CARGO brokers reported lower rates on Thursday amid continuing freight market gloom, with only a few fundamental news items lifting sentiment. They noted news European traders had bid for export to Russia of over 600,000 tonnes of German intervention wheat as well as reports the former Soviet
      508 words
    • Article
      COCKETT BUNKER MARKET REPORT
      461 26 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      461 words
    • Article
      INDEX TO ADVERTISERS
      1104 26 p» r Col ABC Conuineriine 12 1 Accord Group 8 1-3 Ahrenkiei Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A.P.C. Lines 13 S A cWare housing IS 5 Arrow Int 9 4 Asian Break-Bulk 16 5 ASXCL Shpg
      1,104 words
    • Article
      THE SHIPPING GUIDE
      6557 34 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      6,557 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        347 41 Voy Ho Berth Arrival Departwe Vessel Voy No Berth Arrive Departure Marina Terminal 1 Sheraton 2 292 M01 alor*side 0302/0700 WMy« 1 006 M04 alongside 02 02/2300 8atamwdo 1 155S M03 03.02/0700 0402/0400 Cahaya Harap 14 M04 02 02/0800 02 02/2200 Marina Terminal 2 No Records Pasir
        347 words
      • Article
        IN MALAYSIAN PORTS
        206 41 )phof6 Port ■etc 1: Geniki; 2: Kota Warn; 3: Kamn*; 4: Karyatis; 5: Roman Karmen; 6: Wan Hai 203. 01 jetty: SKan Grete. Howa, Permanen, Global Mercury C&; Alstergas DM m Jan 31: Inzhener Ptavinsky, Jupiter Ace. Jaru Bhum, Bunga Bindang, Barge Josindo Satu. be on Feb
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      • Article
        CONTAINER SCHEDULE
        2 41
        2 words
    • Article
      Syria protests to Germany over seizure of ship
      295 42 AP DAMASCUS, Syria Syria protested to Germany on Saturday over the seizure of a German ship carrying 16 Czechoslovak-made T-72 tanks to Syria, the foreign ministry said. But it indicated in a statement that the two countries were trying to settle the
      AP  -  295 words
    • Article
      World air traffic recovery still uncertain: IATA
      220 42 UPI GENEVA Hit by the uncertainty created by the Gulf War, world airline traffic in 1991 never really recovered despite a late-year rally, the head of the International Air Transport Association (lATA) said. "Traffic in 1991 was very disappointing for the airlines," Guenter
      UPI  -  220 words
    • Article
      Car distributor faces arrest for tax fraud
      234 42 UPI LONDON British tax authorities confirmed on Friday they have issued a warrant for the arrest of Octav Botnar, the chairman of car distribution firm, Nissan UK, for his part in an alleged multi-million pound corporation tax fraud. The warrant was issued by
      UPI  -  234 words
    • Article
      Officials recover engine from crashed jumbo jet
      178 42 AP TAIPEI Officials reported on Saturday the recovery of an engine from a China Airlines cargo jumbo jet that crashed in December and said the engine may have broken off shortly after the plane took off from Taipei for Anchorage, Alaska. All five
      AP  -  178 words
    • Article
      Logbook shows Soviet sub sank Swedish ship
      107 42 Reuter STOCKHOLM A torpedo fired from a Soviet submarine caused Sweden's worst sea disaster, the 1944 sinking of the passenger ship Hansa with the loss of 84 lives, Swedish media reported on Saturday. Until now the official version was that a German submarine
      Reuter  -  107 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      31 25 CONTENTS Cocfcett Report 3 Container Schedule 1! Only Fre«Ms J Index to Advertisers 3 Shfpng Gade 10,11 Slips« Port 1) Smppore Tries 1! Transport Diary i Weather and Sea Condrtions li
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      Page 25 Advertisements Column 2
      173 25 HP" ill FESTIVAL TRAFFIC ONLY AFTER 140 YEARS IN SHIPPING, IS IT ANY WONDER THAT WE HAVE BECOME EXPERTS? The tiny village of Sitges lies on the Spanish coast, some fifteen miles from Barcelona. Every year, it comes alive with a week-long festival that takes place along the length of
      173 words
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      Page 25 Advertisements Column 3
      15 25 SHIP LASHING MATERIALS SPECIALIST MTEMIAItIIIE SUPPLY CO (PTE) LTD T«l: 26M83 (11 Urm) Fat: *****77
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      Page 26 Advertisements Column 1
      71 26 COMPETITIVE PRICES EXPERIENCED SIAEF LATEST MARKET MARINE OIL BROKING LTD. First Floor, 20 Britton Street, London ECIM SNQ Telephone: 071-251 4949 Telex: *****6 MOBCO G Fax: 071-251 1449 A WITH WEEKLY REPORTS AND NOW IN SINGAPORE FROM 3rd FEBRUARY MARINE OIL BROKING COMPANY (S) PTE LTD. 07-05 A Ocean Building
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      Page 26 Advertisements Column 2
      15 26 Uan a Ml MrvkM raprMMM w^s^^bSSSii®)) AsSOQSttOH tor advertising enquiries, contact Shipping Times lei 740-2089/740-2090.
      15 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      348 27 m treated to Quality Service OOCL PTI LTD JAMXNt lIWWO AOENCKt TEL: *****11 FAX: *****09 BOOKINGS TEL: *****234 *****50 TERKMNAL/CFS TEL: *****210 220 PMAKA JAHOWM «MWW AOCNCMt SON. BHD. PORT KELANQ TEL: *****10 FAX: *****91 *****80 PENANQ TEL: *****4 FAX: *****1 CFS TEL: *****6 IPOH TEL: *****3/4 FAX: *****6 P.QUDANQ
      348 words
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      Page 27 Advertisements Column 2
      925 27 TRANSPORT MARY Feb 21-24: Air Traffic Services in the 21st Century 4th Symposium,jointly organised by Civil Aviation Authority of Singapore, Federal Aviation Administration, USA, Department of Civil Aviation, France and State Institute for Air Navigation, USSR at the Raffles City Convention Centre. For further information please contact Singapore Aviation Academy's
      925 words
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      Page 27 Advertisements Column 3
      933 27 MAERSK LINE NEXT SAILINGS TO HONG KONG AND JAPAN MATHILDE MAERSK VOY. 9204 ETA SIN 11/2/92 SL VOYAGER VOY. 172E ETA SIN 10/2/92 Voy TNa «Mk CY 11/2 oaoo HRS CFS 10/2 2359 MRS MATHILDE MAERSK MARIE MAERSK MARIT MAERSK MARCH EN MAERSK MAPLE BY MAERSK 9204 9204 9204 9204
      933 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      891 28 Hapag-Lloyd We wish all our valued Customers Business Associates a Happy sM] Prosperous Lunar New Year COMPAGNIE MARITIME D'AFFRETEMENT FULL CONTAINER SERVICE OUTBOUND TO NORTH EUROPE 'ALSO ACCEPTING CARGO TO ALL U.K. DESTINATIONS. SCANDINAVIAN (AARHUS COPENHAGEN. GOTHENBURG) AND OTHER EUROPEAN INLAND POMTS •ALSO ACCEPTING VERACRUZ (MEXICO) VIA ANTWEP EXPRESS DIRECT
      891 words
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      Page 28 Advertisements Column 2
      453 28 El CSAV Compare SudAmericana a de Vapores SA SEASPAC SERVICE DKECT SOUTH PACfIC SERVICE SIN 23-26/2 11-27/3 IMPERIAL 3202 EB PAL E MBA NG 3301 EB Tranalt Tim* ALSO ACCEPTMG CARGO WA SUVA TO LAUTOKA. PAGO PAGO. APIA. NUKUALOFA. P WLA NOU SUV PPT 12/03 15/03 20/03 7/4 10/4 14/4
      453 words
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      Page 28 Advertisements Column 3
      766 28 REGULAR INDEPENDENT FULL CONTAINER SERVICE VSL/VOY NORASIA SUN 9147-3 NORASIA PRMCESS 9144 3 NORASIA PEARL 9149-3 JAPAN SEA 1 SOW CHMA SEA 151* *¥9 lt/M ism nm 03/04 ALSO ACCEPT** CARGO TO AU U.K. DESTINATIONS, SCANOMAVUN (AARHUS. COPENHAGEN. GOTHENBURG) AND OTHER EUROPEAN ML AND PORTS. VALENCIA VIA ALGERCRAS WESTBOUND FOR
      766 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1074 29 STRAITS SHIPPING PTE LTD 15 Ho* Chiang Road #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa/: *****17 SERVICE TO SABAH, SARAWAK BRUNEI STRAITS STAR MM* BROOKE STRAITS HOPE ST*/UTS ttNTUK VO2E Muara. Skan. Taw VO4C Muara. Lib. KK VO2E Muara. Skan. Ta« VO4C Muara. Lab. KK ACCEPTS DUE SAILS CARGO
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      Page 29 Advertisements Column 2
      1000 29 P&O Containers SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********02 EXPORT TO UK CONTINENT JEDDAH ALSO ACCEPTING FCL/LCL FOR A« UK Location* Bailaat Dublin. Aarhua.
      1,000 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      305 30 DJAKARTA LLOYD INDONESIAN NATIONAL LINE CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY MATARAM 31WB SPORE 21/2 ROAM ADAM H'BURG BREMEN ANTWERP 24/3 29/3 2/4 5/4 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to IflduMflwit Alao accepting cargo to Caaablanca, Port Said, Port Alexandria, Qanoa, Trtoato. ALSO
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      Page 30 Advertisements Column 2
      548 30 (g) HANJIN SHIPPING TO EAST COAST (ALL WATER SERVICE) fdr «i HANJM CHEJU 07K HANJM KNANGYANG MX HANJM KUNSAN 071E FISHGUARD MY TOM LME HAU. H. KOK MX M PLEASURE 02K H. KEELUNG 035E M PROMMENCE 0211 u« 12/3 19/3 nn 2/4 LM NYC 13/3 IS/3 20/3 22/3 27/3 21/3
      548 words
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      Page 30 Advertisements Column 3
      922 30 m EVERGREEN 1( ,,j v r Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) l us m «to« wt an nro uu ob nc in m n w pi cm k 4/2 4/2 11/2 11/1 14/2 17/2 11/2 21/2 21/2 22/2 21/2 4/1 11/3 »/l 21/1 11/1 1/4 2/4 1/4 4/4 14/4 14/4 21/4
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      726 31 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) NEPTUNEUNKTEL DOCUMENTATION DEPT TERMINAL OFFICE IMPORT CFS MB2 EXPORT CFS MB2 *****00 (TOLL-FREE) *****44/*****14 *****22 *****68/*****96 *****53/*****50 BOOKINGS: (TOLL FREE) USA SERVICE *****82 FAR EAST SERVICE *****31 UK/EUROPE SERVICE *****89 AUST/INDIA/PAK SERVICE *****32 NEPLINE SON BHO MALAYSIA K.L-(03) *****33, P.
      726 words
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      Page 31 Advertisements Column 2
      505 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) BALT ORIENT LINE 1 '.All \I > mm; FULL CONTAINERSHIP SERVICES VU ROTTEJIOAM FOR DISCHARGE ONLY Pmm
      505 words
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      Page 32 Advertisements Column 1
      1358 32 K Kline KAWASAKI KISEN KAISHA, LTD AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: 12******000 M) TEL *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 MALAYSIA *K" UNE MARITIME (MALAYSIA) SDN BHD TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 INDONESIA: P.T. SARANA LALFT INTERNUSA TEL: JKT *****76. *****77. *****08 EXPORT
      1,358 words
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      Page 32 Advertisements Column 2
      785 32 9 PHILI-ORI€NT LINGS PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA.... INE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 15 FEB SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 17 FEB AUCKLAND. WELLINGTON. LYTTELTON. NEW
      785 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      634 33 PACIFIC INTERNATIONAL LINES (PTE) LTD IPIL Building, 140 Cecil Street #0340, Singapore 0106. REGIONAL CONTAINER SERVICES t" VESSEL EDEN BUNOA TERATAI EOEN EQUATOR MAS SUNQA TERATAI KOTA RAKYAT EQUATOR MAS SUNQA TERATAJ EQUATOR MAS 3 VESSEL VOY KOTA BAHAQIA KM 204 KOTA MELATI KML 203 KOTA MELATI KML 204 SIN
      634 words
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      Page 33 Advertisements Column 2
      79 33 L SB S iii§ il MM EXPKH (t) fit, in. Arrow International Worldwide Consolidation System JAPAN/FAR EAST WEEKLY TOKYO, YOKOHAMA, NAGOYA, KAOSHIUNG HONG KONG, BANGKOK, KEELUNG, KOBE U.S .A. WEEKLY LOS ANGELES (LONG BEACH), NEW YORK CHICAGO EUROPE WEEKLY FELIXSTOWE, ROTTERDAM, HAMBURG, DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE
      79 words
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      Page 33 Advertisements Column 3
      909 33 EacßenV FOASSGONHINER TRANSPORT [M'RhMOVIMMR M KVICI IK \()U 111 (OMIV \I M WDINWI WEEKLY NOTE:- 1) SOU IE HAVRE/BELFAST/BILBAO/DUBLIN 2) RIM: PARIS/BASEL/ANTWERP/CORK 3) HAM COPENHAGEN/AARHUS/VIENNA/WARSAW/GYDINIA 4) COT OSLO/HELSINKI CLOSING TIME:- Fa: 4/2 0700 MRS La: 3/2 1700 HRS I XI'IU ns (ON I \|\l s| RYKI IRON! SCWDINWIWORIII (OVUMM I
      909 words
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      Page 33 Advertisements Column 4
      338 33 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR LINE (Myanmar National Una) Loading for Yangon (Rangoon) S'port MM AH *173* |/10 Fab MYOMA TWA VI39W 16/11 Feb PAGAN VISO* 23/25 Feb PK»C P.Gdf W THE BANK LINE (A itfvic# d Aiidftw W#4r $hlppinQ) SEMI-CONTAINER SERVICE HEAVY UFT CAPABILITY EXPRESS TO PAPUA NEW
      338 words
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      Page 34 Advertisements Column 1
      561 34 Hai Smi fI up Co (Ptc) I ti KASTKKN \K I IN I K I II > STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS IN BOUND VESSELS OUTBOUND VESSELS LOAPIW6 FOR NAG/OS* SONBAI VII ETA SP SLD PK IN PT IOAPWC FOR NAC/TOK/SEN COSMIC PIONEER VII ETA SP
      561 words
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      Page 34 Advertisements Column 2
      149 34 PAN OCEAN \JPAN) SHIPPING V V COMPANY LTD \REGUUR CONVENTIONAL SERVICES/ TO UK CONTINENT PORTS S'pore MO In Pt H. OLOENDORFF 4/2 NORMAN MARINER 12/2 P.Kelang Loading for Rdm/Atw/UK/Nantes/Valencia Barcelona' Bilbao Atw/UK 16/2 Rdm/Atw/UK/Nantes TO MIDDLE EAST PORTS [GLOBAL STAR GLORY SKY PAN RISER S'pore Loading for 7/2 Jeddah/Aqaba 10/2
      149 words
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      Page 34 Advertisements Column 3
      134 34 EUROPE/S.E.A. BREAKBULK SERVICE VESSEL KKJKIANG CAREER UMUDEN 10-14/1 ANTMRP 22/1 TO PORT KELANG 11/2, SMGAPORE 21/2 KAOHSUNG 21/2 ANTWERP 7-15/2 TO PORT KELANG, SMGAPORE. HONGKONG, KAOHSUNG. KEELUNG, OSAKA, CMBA GDANSK 16-20/2 ANTWERP 24-21/2 TO PORT KELANG, SMGAPORE, KEMAMAN. HONGKONG THESSALONKJ, OTHER MED PORTS TO SMGAPORE, PORT KELANG S porr Iqrnls
      134 words
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      Page 35 Advertisements Column 1
      713 35 Nedlloyd Nedlloyd Lines TO EUROPE (NORTH COIMTINENT UK SCANDINAVIA) NEDLLOYD GIVES YOU EUROPE EXPRESS WEEKLY■ NEW ZEALAND FIJI VESSEL N Rosano/2102S N Rotterdam/2103S N Rouen/2104S N Rochester/*****# TO WEST MEDITERRANEAN Shum/JM Sm|«/127 Mmi/SS7 a. Swad/tse H. Mam/500 a (1) Mm Hn WNANO mn a/2 13/2 20/3 27/1 3/4 OCIAN VCtaCL
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      Page 36 Advertisements Column 1
      573 36 iMMHihjnna: TO AUSTRALIA/NEW ZEALAND TO USA/CANADA Also tccaptlni cargo totUS* Houston, Soinuli. Norfo*. Battimort. Now York CANADA MontroM. Toronto FROM USA/ CANAD A /EUROPE/ MEDITERRANEAN (,l \l R\l \(.l \I. i; BELSIN SHIPPING AGENCIES PTE. LTD. >1 15 \(.KYI'S, MACOLINE HI .'.'h.'lt fA* J.> 1 t Ih'SlO*. f A .f«.|
      573 words
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      Page 36 Advertisements Column 2
      393 36 T.S.R. LINE (TOKYO SENPAKU KAISHA, LTD) STORE AGENT TSKLINE AGENCIES (S) PTE LTD 70 SHENTON WAY #04-01 MARINA HOUSE SPORE 0207 TEL: *****63 EAX: *****72/3 TLX: 2*220 TSKSIN EXPORTS TO HONGKONG, TAIWAN, MANIA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE ACX MM ACX RUBY (ALSO ACCIPTHG Fa TO BANaiOK/CHMA/OSAM/MON/HAMTA/HftOSHftM/SHBUSH/NAIM/SEIIMI) iffORTS
      393 words
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      Page 36 Advertisements Column 3
      159 36 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD FOR BOOKMGS i ENQURES PLEASE COMTACT: SEAWARD SHPPMG I TRADRK CO (S) PTE I ID. liu. ifraownoMU. run MOON ROM). SWGAPORE 0207 TEL *****77 (5 IKS) PORT KELANS OREHTM SMPPMC CORPORATOR TEL K.L *****1/*****4 PORT KELAMG *****8 KIMNTM o*s *****3 4 MJR
      159 words
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      Page 36 Advertisements Column 4
      929 36 CHINA OCEAN SHIPPING COMPANY tMUTM-S AGEMTS CHUNG CHiAO SMPPMG SON BHD Itt TEL: 4425M1/I7 FU: *****92. ***** P. KLAN6 TEL 36M106/1 TU :MA ***** TEL (***** TU: MA ***** FULL CONTAINER LINER SERVICE GUM GUAN SWPPING SON BHD PJLMG TEL: *****00/7, 3(***** FAX 03-3(007(4 TLX: MA ***** POMNG TEL: *****407/(*****
      929 words
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      Page 37 Advertisements Column 1
      439 37 FAMOUS CONTAINER LINES 1 o ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 9/2 ROTTERDAM 9/2 HAIFA/ASHDOD/ALEXANDRIA 9/2 HAMBURG/BREMEN 9/2 MARSEILLE/FRANCE 9/2 FELIXSTOWE/UK 9/2 BARCELONA/SPAIN 972 LEHAVRE/ANTWERP 9/2 GENOA/ITALY 972 GOTHENBURG/SCANDINAVIA 9/2 LOS AWGELES/WC/PI 9/2 I SYDNEY/MELBOURNE 8/2 NEW YORK/EC 9/2 FREMANTLE 6/2 VANCOUVER 9/2
      439 words
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      Page 37 Advertisements Column 2
      705 37 m m RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 UnM) FAX: *****15/22*3303 TELEX: RS ***** RISHIP (3 UnM) (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL ETA SPORE LOADING FOR ABBAY WONZ DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA DARESSALAAM MOMBASA OJWOUTI ASSAB MASSAWA KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY
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      Page 37 Advertisements Column 3
      24 37 Regional Container Lines wish all their customers, friends their families a fflpfsVery Happy Prosperous Lunar New Year! ■WI|WWWWW.\WIWVWWWWW TEL: *****07 TLX: ***** FAX: *****76
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      Page 37 Advertisements Column 4
      157 37 L CONTAINER LME FUST FULLY CONTAINERISED EXPRESS SERVICE TO YANGON (RANGOON) ACCEPTING BOTH FCL/LCL AND SOC 2SZ 8! IMMB 3*l 14-15/2 11-22/2 AON 27-2S/2 3-1/3 4 IN 11-11/3 IS-11/3 Ofotfii Ao#nt: UN UNI AQI AGENCIES (t) PTI LTD Tefc Tlx: R*****0 A.P.C. LINES FULL CONTAINER COMMON FEEDER SERVICE SINGAPORE/JAKARTA/BURABAY A/SINGAPORE
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      426 38 S'PORE PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 EXPORT: *****22 IMPORT: *****02 Colombo Durban/Pt Louis Pt Klang Panang Tokyo/Kobe Bus an Mania 5/2 6/2 7/2 25/1 26/1 9/2 11/2 12/2 8/2 9/2 6/2
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      Page 38 Advertisements Column 2
      321 38 AUSTASIA LINE AND MERLION SHIPPING AGENCY BLUE STAR LINE "SINGAPORE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SM HI mi in MUUKM 255 10/2 22/2 VU Ml 23/2 12/3 IMHSUM 0514 19/2 2/3 \M NPI 4/3 21/3 PROSPECT 17$ 4/3 l«/ 3 «A
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      Page 38 Advertisements Column 3
      618 38 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO VEBBEL VOY PUS HKQ EQUATOR RUBY 6/92S EQUATOR CRYSTAL 1/92S 01/02 12/02 EQUATOR STAR 7/92S 22/02 26/02 SIN POM HON NORO
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      Page 39 Advertisements Column 1
      469 39 Everett Lines COMPANIA PERUANA DE VAPORES PERUVIAN STATE LINE" E ?I IN6 "®wbulk/fci/soc cargoes to/from CALLAO, MAT ARAM, HO* I OTHER PERUVIAN PORTS* *»TH T/S AT KOBE ON CPV THROUGH BUI Of LAOMG. ta "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCpTING BREAK BUI K/SOC CARGOES TO/FROM KOBE. YOKOHAMA, NAGOYA,
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      Page 39 Advertisements Column 2
      335 39 T N.AMERICA/CARRIBEAN SERVICES •ccapta| carp It: Hand USA OntnaMm. Carnkaan. Cantral hnanca and Catt Canada, Cakanfca, fare. CMa Um accepting 40' IF t* Hangkeng. Taiwan, and J wan AUSTRALIA SERVICE ISRAEL/ADRIATIC SERVICES aiaAi m lOK TO M HMFA 11/1 »/2 l/I 1/1 11/ l 11/ l 11/1 11/ l kcaytaf
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      Page 39 Advertisements Column 3
      331 39 MULTI-MODE SHIPPING PTE LTD WEEKLY CONSOL SERVICE MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI OAMMAN, SHARIAH DOHA MUSCAT. BAHRAIN ABU OHABI BANDAR ABBAS JCDOAH FAR EAST ACCEPTING FCL/LCL PENANG. P/KELANG. JAKARTA, BANGKOK HONG KONG. TAIWAN JAPAN MANILA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TILBURY. ABERDEEN. LE HARVE HAMBURG. ROTTERDAM. ANTWEP GOTHENBURG
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      Page 39 Advertisements Column 4
      465 39 LUCKY SEAWAY SERVICES PTE LTD TLX ***** FAX *****77 ASEAN/CHINA SERVICES VESSCI lGt P* PW r GUOANG KTN FOR Q SHAN 22/02 HUANGPU-SHANGHAI P. CU #3/03 DALIAN QMGOAO MADRAS/COLOMBO/BOMBAYA(ARACHI SERVICES scr pi nc T. TING 17/02 T. TANG 29/02 TANGOON KTN FIX KAAACH COIOMB COiOMBO SWBAPOREMAORAS/NNQAPORE F CIA CI SERVICES
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      Page 39 Advertisements Column 5
      367 39 PTC CONTAINER LINES p T (WOU FCL LCI SFRVICF SIN FM EAST 10/2 KEELUNG/KAOHSIUNG 08/2 BANGKOK 12/2 MANILA/CEBU 10/2 JAKARTA/BELAWAN/SURABAYA 08/2 PORT KELANG/PENANG/E. Malaysia 10/2 BUSAN 10/2 TOKYO/YOKO/KOBE/NGO/OSA 11/2 HONG KONG Si CHINA 11/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S§ EUROPE/UK 10/2 LDN/FLX/LVP/SOU 10/2 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also
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      Page 40 Advertisements Column 1
      419 40 Pli FIL CONTAINER SERVICES PTE LTD Cs- MADRAS CALCUnA V«L SIN/MADRAS SM MM SM NUT AVMUSU M 20-20/01 02-03/02 20-27/01 01-03/02 01-00/02 30-31/01 OC-00/02 14-15/02 VOL SIN/CALCUTTA SM CM. SM WIT tmULE 23-24/01 30-03/02 09-10/02 26-27 01 02-00/02 12-13/02 01-02/02 01-12/02 11-10/02 JAKARTA. DUBAI HONGKONG ALSO ACCEPTHG RtV« cjrft 20
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      Page 40 Advertisements Column 2
      479 40 Eonterml CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION TOUR FIRST CHOICE TO*.— AUCKLAND 10 FEB NEW PLYMOUTH, WELLINGTON. LYTTLETON, NAPIER, HAMILTON, CHRIBTCHURCH, DUNEDIN, PORT CHALMERS ©235 0633 (KATHLEEN/ NICHOLAS/ MARILYN) P.Kelang: 03-*****32 Penang: 04-*****7/*****4 PGSL WORLDWIDE Pjjjjjj CLOSE STEAMEKS LINES REGULAR FCL SERVICE TO THE FOLLOWING PORTS LCL- Buenos
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      Page 40 Advertisements Column 3
      324 40 This Week's Sailings Singapore Johore Jakarta Tel: 778 6522 07-*****8 021-*****40 Fax* *****38 Esther Yap /7?W\ 07-*****3 Alfred Ng WTMJ 021-*****01 Troy Hiu INCHCAPE SHIPPING SERVICES (S) PTE LTD Til: *****11 Fax: *****5S CI: **********0 C IHI NA JHJNAI SHIPPING COMPANY Of SAUDI ARABIA CONIM&/ltO-ltO/BIt£AKBU.K SBWCFS I UN I DAM
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      Page 40 Advertisements Column 4
      350 40 I A CENTRAL EXPRESS LINES MANILA VIGOUR PACIFIC VIGOUR SINGAPORE ETA 55N8 19MB 1/2 8/2 K>R ROOKINI.S INTRA! f KPfUSS SP( >H( 1 ♦< JA((I I INI M NAN<. H J t■. 1 t AM t I iNt R PORI M I AN< O I <♦. CHINESE-POLISH JOINT STOCK SHIPPING
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      127 41 vd)c vO c vO c vO c vOc vQc vO c PREMIER CARRIER REUABLE SERVICES COMPETITIVE RATES 3 BARGES OPERATIOII TAILORING TO YOOR NEEDS SINGAPORE BATAM VAN OMMEREN PETROLOG (S) PTE LTD ENQUIRY BOOKING: *****01 VAN OMMEREN SHIPPING (S) PTE LTD WEEKLY CONSOLIDATION SERVICES TO EUROPE, USA AND FAR EAST
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      Page 41 Advertisements Column 2
      15 41 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
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      Page 41 Advertisements Column 3
      114 41 FREIGHT MANAGEMENT GROUP *****66 *****98 31 17 :vX-:-y rax STAGER FREIGHT SERVICES PTE LTD TEL 273-3838 FAX* 274-1100 PIC 03-*****60 PEN: 04-*****2 *JKT: 21-*****1 68V: 31-*****0 SIN 9/2 16/2 fIHH SIN 5/2 12/2 EUROPE FFURT/MANNHEIM STUTTGART 3/3 9/3 TO CANADA VCR MTL/TOR 1/3 7/3 8/3 14/3 LH/PAR 28/2 5/3 IRUN/MADRtD
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  • Page 41 Miscellaneous
    • Miscellaneous
      Page 41 Miscellaneous Column 1
      334 41 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 *****200 0300 0400 0500 0(00 0700 0100 0900 1000 ********************1600 **********00 2000 2100 *****301 JR 24 23 20 16 13 12 12 1.4 18 2.3 28 30 29 26 2.1 16 1.1 0.7 05 05 07 1.1 1.7 2.2 PP
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  • Page 42 Advertisements
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      Page 42 Advertisements Column 1
      442 42 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. Gong Xi Fa Cai to all our invaluable clients and business associates A Happy Prosperous Lunar New Year M Agents: BOUSTEAD SHIPPING AGENCIES ran KLMG TEL •2-***** CC •3-*****00 03-3C***** •4-*****2 FAX 02-*****71 03-*****52 03-*****2S *****307 1U n *****
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      Page 42 Advertisements Column 2
      503 42 CHARTPOINT Every Saturday in Business Times 1/^VISA FREIGHT SERVICES PTE LTD £5| Established Sine* 1984 We Sail The World For You X. 0 x >Y f THE TOTAL TRANSPORTATION PEOPLE DIRECT BOOKING SERVICES VISA FREIGHT SERVICES PTE LTD NO 10 ANSON ROAD #20-09 INTERNATIONAL PLAZA S (0207) FAX: *****86 TLX:
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