The Business Times, 12 February 1992
1992-02-12
1
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The Business Times
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Title Section16 1992-02-12 1 BUSINESS TIMES THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Wednesday, February 12, 1992 75*16 words
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NEWS SUMMARY
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73 1992-02-12 1 KUALA LUMPUR Malaysia's unemployment hit a record low in 1991 as a labour shortage in the booming economy spread to manufacturing from agriculture and construction. A Manpower Department's Employment Trend report released yesterday said unemployment was 4.3 per cent for the first73 words
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Article45 1992-02-12 1 KUALA LUMPUR Malaysia and Brunei have agreed to sign a Memorandum of Understanding to increase cooperation in defence, broadcasting and air services, Malaysia's King Sultan Azlan Shah said yesterday. He did not say when the memorandum would be signed.45 words
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MARKETS SUMMARY
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Article22 1992-02-12 1 SHARE PRICES on Wall Street slipped slightly yesterday by 1.79 point to 3,243.29 in the first five minutes of trading.22 words
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Article32 1992-02-12 1 SHARE PRICES were higher yesterday midday on the London Stock Exchange. At 1200 GMT, the Financial Times-Stock Exchange 100share index was up 4.8 points, or 0.1 per cent, at 2,543.2.32 words
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371 1992-02-12 1 Conrad Raj - Move follows split between S'pore building giant's 2 partners By Conrad Raj SINGAPORE Local building giant Kumagai-Ze-necon Construction has been placed in the hands of provisional liquidators, as a result of a parting of ways between its two partners. The company's foreign partner, Japanese construction giant371 words
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385 1992-02-12 1 Magdalene Ng - Speculation rife, with Bank Negara named in one version By Magdalene Ng SINGAPORE Malaysia's central bank, Bank Negara, is understood to have sold 20 per cent of its stake in Commerce Asset-Holding Bhd to various institutional investors, including parties related to the Fleet385 words
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461 1992-02-12 1 Neel Patri - From Neel Patri in NEW DELHI ITC LTD, one of India's biggest manufacturing and trading companies, in which tobacco giant BAT has a significant equity stake, will make Singapore its base for overseas operations. The Indian government has given ITC approval to461 words
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536 1992-02-12 1 Genevieve Cue - From Genevieve Cue in BERLIN GERMAN investors lag behind other European countries in their rate of investment in Asia as they are too preoccupied with the task of rebuilding the former east Germany, says Senior Minister of State for Trade and Industry536 words
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Article, Illustration479 1992-02-12 1 Maggie Ford - From Maggie Ford in JAKARTA INDONESIAN central bank governor Adrianus Mooy is again in the hot seat. For days he has had to answer this question: Will Indonesia devalue the rupiah? The devaluation dirge is heard at least twice a year in Jakarta,479 words
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Page 1 Advertisements
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Advertisement435 1992-02-12 1 STAFFING SUPPORT SERVICES TEMPORARY PERMANENT PLACEMENTS £223•3362 Penang's new thrust PENANG will review its investment drive and seek more capital-intensive projects for its manufacturing sector. Chief Minister Dr Koh Tsu Koon said in an interview yesterday that the shift would also help diversify the state's economy. Page 2 Residential reserve435 words
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Advertisement138 1992-02-12 1 Ten million new shares JURONG Shipyard Ltd has successfully placed out 10 million new Jurong Shipyard shares at $10.40 apiece to raise $100 million to finance two projects Page 4 SONY CORP's US$3.4 billion takeover of Columbia Pictures Entertainment in September 1989 seems to be paying off, but three other138 words
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Advertisement53 1992-02-12 1 5E bM Sole Aucnt: H.W. Shellcv Co. (Pic) Ltd WaGMOM: rHI HCX*GIASS• Lurt* IWi Id 7H>4JDfI •krBW 2H»M7r7l««Cmnßn W 'MmwliltnwunuiM M niHUKHIAiIiI )MU4l»Clwn»4«pi»ir«<nrallijalM*«MfrwTtl SUWkWO Irrmmjl feu* W«» M S4M»I MMATHA THIHUMCIAtt'IdIOOOT UliopiM »JMIUMU>«»OwPha UlawW O>MJWI«/M MATMUA IXmTCHMinfMmMapQimMM 7V U7IAVSS Skygvdpn VtwvNSMXIIIM (HJJKWSII s**n •"-fi *ff »i*ii < -~^.w irri M53 words
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PAGE 2 NEWS
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Article, Illustration527 1992-02-12 2 Leslie Lopez - Chief Minister outlines strategy to draw investments and overcome acute labour shortage Reports by Leslie Lopez in PENANG INCREASED competition for investment dollars from other Malaysian states and the acute shortage of labour and land has forced Penang to review its investment drive and to527 words
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193 1992-02-12 2 TOTAL INVESTMENTS in Penang's manufacturing sector fell to M 5597.88 million in 1991 from M 51.22 billion in 1990, said Penang Development Corporation officials. "Apart from competition from other states, the shortage of land, labour and the effects of the Gulf War were193 words
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230 1992-02-12 2 Reuter BANGKOK Five major Thai commercial banks will cut deposit and lending rates by half a percentage point, effective Feb 14. Bantoon Lamsam, president of Thai Farmers Bank Ltd, said the cuts had been prompted by high liquidity in theReuter - 230 words
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422 1992-02-12 2 Reuter MANILA The International Monetary Fund has agreed to resume lending to the Philippines, clearing the way for Manila to restructure US$5.3 billion (558.62 billion) of its commercial debt. IMF and Philippine officials said yesterday that IMF managing director Michel Camdessus hadReuter - 422 words
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355 1992-02-12 2 Government, bank curbs fail to deter buyers: consultant Reuter HONGKONG The colony's home property market is set to jump again this year despite government and bank moves to curb prices, which leapt 50 per cent last year, an international property consultant yesterday forecast.Reuter - 355 words
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364 1992-02-12 2 Agencies LONDON US Vice-Presi-dent Dan Quayle has renewed pressure on Japan to compromise on its ban on rice imports. "Japan's going to have to put the rice on the table," Mr Quayle told the British Broadcasting Corporation. Everyone had to makeAgencies - 364 words
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338 1992-02-12 2 Reuter SEOUL The United States has urged South Korea to open its financial markets and present a blue print for such a plan. Olin Wethington, assistant secretary of the US Treasury Department, sent a letter to his South Korean counterpart Lee HwanReuter - 338 words
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328 1992-02-12 2 Florence Chong - From Florence Chong in SYDNEY THREE large Singaporebased investors are believed to be among potential buyers of one of Australia's newer shopping centres, the 60,000 sq m Myer Centre in Brisbane. The three Pidemco, DBS Land and Strains Steamship Land are328 words
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Page 2 Advertisements
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Advertisement85 1992-02-12 2 Thai commercial banks post 25.4 pc profit growth, Pg7 MAKE A SMART BUSINESS MOVE TO ALEXANDRA POINT Ideal location near port, financial district and hi-tech industrial park Easy access to major expressways Raised floors for easy wiring Hi-tech conference/seminar rooms Ample parking lots Air-conditioned food court Incorporating latest building technology85 words
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SINGAPORE NEWS
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Article, Illustration633 1992-02-12 3 Colin Tan - Area bounded by Sixth Ave and PIE earmarked for low/medium density residential use by 2010 By Colin Tan WORK to transform Bukit Timah, the area bounded by Sixth Avenue and the Pan-Is-land Expressway, into a predominantly residential area has gathered momentum with several projects currently633 words
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Article, Illustration513 1992-02-12 3 Claire Leow - By Claire Leow LOCAL electronics firm Lek Sun Industrial Pte Ltd will spend about S$ 18 million in the next five years upgrading its production facilities. The firm's key customers are Singapore-based multinational corporations, and half its revenue comes from disk drive makers.513 words
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305 1992-02-12 3 Hong Lee Tiam - By Hong Lee Tiam A NUMBER of hotels have stopped the distribution of Insight Citymag Singapore following a dispute between the magazine's publisher and the Singapore Hotel Association over a $52,000 annual endorsement fee. Insight Citymag Singapore, a local tourism magazine, has305 words
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NEWS ROUNDUP
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118 1992-02-12 3 POSB AN K chairman Chua Kim Yeow said yesterday that an average of 3.49 million withdrawals involving $580.85 million were conducted through POSB auto teller machines (ATMs) each month. This translates to a daily average of 116,333 withdrawals amounting to $19.36 million. ATM withdrawals118 words
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Article65 1992-02-12 3 THE Singapore Polytechnic will offer a diploma course in instrumentation and control engineering for O-level school leavers, starting in July. Two-thirds of 440 local and multinational companies surveyed last year to determine the demand for trained people, in this field indicated interest in employing diploma65 words
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Article61 1992-02-12 3 THE Trade Development Board said yesterday that the Export Institute of Singapore would conduct a course on oil trading from next month. The course, developed with the UK-based College of Petroleum and Energy Studies, will run over four days in two parts. The whole course will cost61 words
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Article55 1992-02-12 3 THE Registry of Pawnbrokers has organised a two-day public auction of unredeemed pledges from 60 pawnbrokers beginning this Friday. Some 18,000 pledges from 30 pawnshops will be auctioned at the Depot Road premises of the Central Supplies Department. The pledges include chains, diamond rings, brooches, earrings,55 words
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Article38 1992-02-12 3 THE International Business Women's Association will hold a talk on "Time Management for the Professional Woman" on Feb 20. The speaker is Lyn Hayden of Management Consultants. The event is open to members and non-members.38 words
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Article43 1992-02-12 3 APPLICATIONS are invited for Shell Centenary Scholarships for the Arts. The scholarships, launched during the AngloDutch giant's centenary last year, are awarded for under-grad-uate and and post-graduate study in any area of the arts at approved institutions of higher learning.43 words
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Page 3 Advertisements
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Advertisement176 1992-02-12 3 i. ii f .IP A m ■py-ywap > K 5... •v- 'itfUii R* B^V"'■<;■■' 5: '/-iIWQ MB K E-t if fee gft*, V: gL BP r IX 3SS*. ■r Ha H IK rf;-: t&L i.fH r gp R- V s?* S 'f Ss£* T: > VT ■1* ;< < S?176 words
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COMPANY NEWS 1
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335 1992-02-12 4 Dexter Lee - By Dexter Lee SINGAPORE Capitalising on bullish sentiment, Jurong Shipyard Ltd has successfully tapped investors for some $100 million to finance two projects. About half the amount will be used to upgrade the company's shipyard facilities, while the other half has been earmarked335 words
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Article, Illustration382 1992-02-12 4 SINGAPORE Listed Singapore Automotive Engineering (SAE), which secured the sole distributorship for Opel cars in Singapore yesterday, expects to sell between 300 and 500 of them this year. The target is far higher than the 200 cars sold by former382 words
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254 1992-02-12 4 SINGAPORE Jaya Holdings' public share offer has been oversubscribed 34 times, ranking the scrip among the most sought-after for a company seeking a Sesdaq listing. In comparison, the year's first public share offer, that of Pertama Holdings was oversubscribed 30.4 times. Singatronics, listed in254 words
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292 1992-02-12 4 MBT KUALA LUMPUR But-terworth-based stockbroking firm, Seberang Securities, which opted for voluntary suspension in May 1986, is believed to be in the midst of a revamp that may reactivate the firm's operations. Several individuals, three of whom are bumiputras, are believed to have acquiredMBT - 292 words
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Article265 1992-02-12 4 SINGAPORE The United Overseas Bank group has set up a venture capital firm to invest in "emerging growth companies" in the Asia-Pa-cific, the bank said in a statement yesterday. UOB now joins a growing number of banks here which have gone into the venture265 words
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180 1992-02-12 4 SINGAPORE Neptank Bunkering Pte Ltd, a whollyowned subsidiary of Neptune Orient Lines Ltd (NOL), has sold one of its bunker tankers at a profit of about $1.8 million. In a statement yesterday, NOL said it sold the fullydepreciated 18-year-old Neptank IV to a180 words
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Article, Illustration520 1992-02-12 4 Quak Hiang Whai - MARKET TALK Fewer promoted as Big Four keep an eye on operating costs By Quak Hiang Whai SINGAPORE Singapore's Big Four banks have yet to announce career moves among their senior executives, but the financial grapevine is already abuzz about the appointments. Said to be520 words
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COMPANY BRIEFS
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100 1992-02-12 6 TOKYO Two major Japanese high technology companies, Fujitsu and NEC Corp, will sharply cut capital investment due to a slumping semiconductor market, Nihon Keizai Shimbun reported yesterday. Fujitsu and NEC spokesmen were not available for comment. Yesterday was a public holiday in100 words
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Article55 1992-02-12 6 LONDON British Airways pic yesterday reported a better-than-expected third quarter pre-tax profit of £100 million (*****.5 million) against £20 million last time. Analysts expected a pre-tax profit of £50 million. The airline's pre-tax profit figure included an extraordinary gain of £140 million from the sale55 words
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Article69 1992-02-12 6 HANOI A Hongkong-Vietnamese joint venture will invest US$4O million (5565.1 million) to renovate two hotels and an 18-hole golf course at Dalat, a favourite mountain retreat of Vietnam's last emperor. The newly-licensed joint venture, equally capitalised by Danao of Hongkong and the Dalat Tourist Service,69 words
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Article60 1992-02-12 6 SEOUL South Korea's Daewoo Electronics Co yesterday said it will invest US$3O million (5548.8 million) to produce television sets in France. The investment will be made over the next three years to build a plant in the suburbs of the north-eastern city of Thionville.60 words
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Article57 1992-02-12 6 MIDLAND, Michigan Dow Corning replaced its two top executives on Monday and brought back a retired company leader to handle a crisis over the company's troubled breast implant business. The changes were announced hours after Dow Corning released documents that showed it knew for years about57 words
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274 1992-02-12 6 FT LONDON Lasmo, the independent oil exploration company, announced it had paid £6.7 million (5519.9 million) to seven Ultramar directors, in one of the biggest post-takeover payments in British corporate history. The payment was made to terminate the contracts of the directorsFT - 274 words
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347 1992-02-12 6 Joseph Rajendran - By Joseph Rajendran SINGAPORE A computer industry watchdog says two Taiwanese companies have been selling millions of dollars worth of counterfeit software in the US and Europe. The Business Software Alliance (BSA) a group representing such heavyweights as Lotus, Microsoft and347 words
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Article519 1992-02-12 6 Turnaround caused partly by drop in interest expense NYT NEW YORK Time Warner Inc said on Monday that its latest quarterly results swung to a profit for the first time since it took on US$ll billion (5517.8 billion) in debt when Time Inc acquired WarnerNYT - 519 words
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473 1992-02-12 6 NYT TOKYO Sony Corp's US$3.4 billion (555.5 biUion) takeover of Columbia Pictures Entertainment in September 1989 seems to be paying off, but three other Japanese electronics makers that bought a piece of Hollywood in the past two years have been less successful. LastNYT - 473 words
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Article, Illustration447 1992-02-12 6 AFP SYDNEY Prosecutors began examining yesterday an Australian Securities Commission (ASC) probe into the spectacular collapse of Bond Corp Holdings Ltd, with criminal charges likely. The once powerful brewing, mining and property group, under the chairmanship of Alan Bond, crashed in December 1990,AFP - 447 words
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261 1992-02-12 6 Reuter TOKYO A United States court ruling ordering Minolta Camera Co Ltd to pay US$96 million (SS 155.5 million) to Honeywell Inc for infringing on patents has dealt a sharp blow to a firm already suffering a profit slump, analysts said. Last week's ruling, thatReuter - 261 words
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Article516 1992-02-12 6 MARKET TALK Company's buying spree has analysts scratching their heads HONGKONG Cheung Kong's 14month buying spree has analysts divided, according to the South China Sunday Morning Post. Some view the HK52.73 billion (about SSS7O million) invested in listed companies as a simple Treasury operation516 words
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COMPANY BRIEFS
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Article88 1992-02-12 4 SINGAPORE Assets under management by the Templeton organisation, which is listed in Singapore and London, rose dramatically to U5519.05 billion (5530.8 billion), said Dr Mark Mobius, president of Templeton Emerging Markets Fund Inc. In a press release, Dr Mobius yesterday said there was a large increase88 words
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Article51 1992-02-12 4 SINGAPORE Schroder International Merchant Bankers Ltd (Simbl) has made several senior level appointments. Richard Mountford has been appointed regional director, investments; Richard Tan as director, finance and administration; Elsie Choo and Michael Sng as directors, capital markets; and Arthur Tan and Tow Heng Tan as directors of corporate51 words
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Article57 1992-02-12 4 SINGAPORE Three funds have informed the Stock Exchange of Singapore about their respective unaudited net tangible asset backing per preferred share. The unaudited NTA of the Asean Fund Ltd was U5512.93 and that of Yamaichi DAE Fund Ltd was US$lO.4O on Feb 6. Thai Prime57 words
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Article99 1992-02-12 4 SINGAPORE Wing Tai Holdings Ltd, in response to an article published in BT on Feb 11, has told the Stock Exchange of Singapore that the company's directors have made no decision regarding a listing of Wing Tai Land Pte Ltd. Wing Tai Holdings said its99 words
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108 1992-02-12 4 KUALA LUMPUR THE Association of Merchant Banks in Malaysia (Ambim) has recommended that the Ministry of International Trade and Industry look into reducing the requirements for listings on the Kuala Lumpur Stock Exchange's second board. In the annual dialogue session between the Minister of Trade108 words
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Article50 1992-02-12 4 KUALA LUMPUR Worldwide Holdings Berhad will continue to concentrate on land and property development and is on the lookout for suitable and viable projects in the Klang Valley and Selangor, chairman Datuk Zabir Bajuri said after the company's extraordinary general meeting and loan stockholders' meeting here yesterday.50 words
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Page 4 Advertisements
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Advertisement66 1992-02-12 4 THE HUBERTUS GRILL BY HANS GEDDA "I WANTED TO CONGRATULATE THE CHEF FOR A GREAT LUNCH AND THE FIRST THING THAT CAUGHT MY EYE WAS HIS HEADGEAR. IT CONTRASTED WELL WITH THE ANTELOPE." PHOTOGRAPHER A ANA HOTEL SINCAPORE Thi Classic hotil 16 Nassim hill, Singapore 1029 FOR ENQUIRIES AND RESERVATIONS.66 words
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Page 5 Advertisements
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Advertisement482 1992-02-12 5 1 i-v Swb >«£y w »<(►• MP# V>.. ''JT* 1 -v. V" *>}--' „f S V,-v > ?<v /it <* W.' •s&* ilH# >**Mr* W v*jfc V < e+\-H-i. i 4. t*»*v 'iJi'MjiHraMj >*« v* i• '«-*»*<s* -ajgtfv ■iftftf** ,v*. fiipy^j *V MMRKf^pl* -«fi «Kjr' v 'r -\f- v ■>■482 words
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Page 6 Advertisements
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Advertisement131 1992-02-12 6 AW INVESTMENT OPPORTUNITY IN THE HEAOT OF TASMANIA POATINA VILLAGE Tasmania, Australia £S 0 R "A Stepping Stone to the Central Highlands" o i ISPR D: ?&<> 2; FEATURES: Trout Fishing Wilderness nearby 9 hole Golf Course Motel/Chalet 54 Brick Homes Shopping Complex All Services: Sewerage, Water, Sealed roads Sporting131 words
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FINANCIAL NEWS
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425 1992-02-12 7 Agencies BANGKOK Combined net profits of the 15 Thai commercial banks rose to 19 46 billion baht (551.25 billion) in 1991, up 25.4 per cent from 15.52 billion baht a year ago, Bangkok Bank Ltd said. that Thai banks' 1991 earnings growth,Agencies - 425 words
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383 1992-02-12 7 Agencies HO CHI MINH CITY Britain's Standard Chartered Bank said on Monday it planned to open a representative office in Phnom Penh next month, its first operation in Cambodia since the mid-*****. The Cambodian government's National Committee for Foreign Investment approved onAgencies - 383 words
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SMALL CHANGE
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84 1992-02-12 7 LONDON Members of a Lloyd's of London insurance syndicate managed by RHM Outhwaite (Underwriting Agencies) Ltd are in discussions towards an out-of-court settlement of a high profile case against the company and 80 members' agents, people close to the case said. A spokeswoman for lawyers84 words
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Article88 1992-02-12 7 BERNE Swiss Volksbank, Switzerland's fourth largest bank, cut its dividend on Monday and said 1991 profits had plunged 38 per cent on loan loss provisions necessitated by a recession and a property slump. Profits fell to 68.4 million Swiss francs (5578.99 million) from 110.8 million last88 words
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Article89 1992-02-12 7 TOKYO Yamaichi Securities Co Ltd, one of Japan's Big Four brokerage houses, said it would open four branches during March and May while shutting two small business offices this month due to low profitability. The decision is aimed at enhancing the efficiency of its branch89 words
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Article61 1992-02-12 7 KARACHI Sir William Ryrie, executive vice-president of the International Finance Corp (IFC) said the IFC was interested in Pakistan's privatisation plans. He said the IFC would invest in Pakistani companies after Pakistan's bold decisions. Ryrie said the IFC had invested more than US$4OO million (*****.4 million)61 words
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Article99 1992-02-12 7 COPENHAGEN Denmark's third biggest bank, Sparekassen Bikuben A/S, said it is taking over the small Bornholmer Bank A/S, which earlier on Monday said it was bankrupt. A Bikuben spokesman said Bornholmer Bank had lost all its own capital of 86.8 million crowns (5523.1 million) at end--199099 words
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476 1992-02-12 7 Agencies HONGKONG Beijing's China Resources (Holdings) Co Ltd has dropped plans to join a consortium to rescue the Hongkong unit of Bank of Credit and Commerce International (BCCI), acting general manager Li Liangxi said yesterday. "We will continue to study our futureAgencies - 476 words
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Page 7 Advertisements
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Advertisement275 1992-02-12 7 It's a rtvolution The long awaited VTEC Honda Owe is here A revolution with so many state-of-the-art changes To begin with, the critically acclaimed VTEC engine has placed the new Civic as a reference car, clearly ahead in its class JAPAN (Alt Of TIE JEini/'H. For the first time, here's275 words
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THE REGION
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NOTE BOOK
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91 1992-02-12 8 JAKARTA An economist has predicted that if Indonesia's tight money policy could be loosened and distortions jeopardising business efficiency eliminated, the country's economy could grow by 6.5 per cent in 1992. Otherwise it could only grow by 4.5 per cent. Speaking91 words
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Article87 1992-02-12 8 BANGKOK The Thai palm oil industry has been advised to work closely with producers in Malaysia and Indonesia to cushion any impact from the establishment of the Asean Free Trade Area (Afta), the Bangkok Post reported. Commerce Ministry permanent secretary Bajr Isarasena said the87 words
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Article76 1992-02-12 8 KUALA LUMPUR The Federal Territory branch of the Malaysian Malay Chamber of Commerce and Industry has described the presence of Indonesian illegal immigrant traders as a serious threat to the economic prosperity of the country. Its chairman, Moehamad Izat Emir, said the problem should not be76 words
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Article72 1992-02-12 8 JAKARTA The Finnish government has offered to cooperate with Indonesia in the manufacturing industry and in the procurement of power generators in a bid to improve trade relations between the two countries, says a Jakarta Post report. Visiting Finnish Trade and Industry Minister Kauko Juhantalo said after a72 words
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Article76 1992-02-12 8 LAMPANG, Thailand The Electricity Generating Authority of Thailand (Egat) will scrap a SO billion baht (553.2 billion) scheme to build a mega-size lignite-fired power plant in this northern province, according to a Bangkok Post report. Instead, Egat is working towards consolidating the Lampang project76 words
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Article58 1992-02-12 8 BANGKOK The Overseas Economic Cooperation Fund of Japan has endorsed the second phase soft loan to the Tourism Authority of Thailand (TAT) to improve and upgrade its tourism facilities, The Nation reported. The 2.4 billion baht (S$ 150 million) loan was delayed by the OECF following58 words
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587 1992-02-12 8 A J Leow - By A J Leow SINGAPORE The jockeying for political ascendancy within the ranks of the country's ruling coalition is expected to interfere with the running of Malaysia's economy in 1992, says the Hong-kong-based Political and Economic Risk Consultancy (Perc) group. In587 words
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Article, Illustration623 1992-02-12 8 Reuter SYDNEY Australia's unemployment rate is forecast to have edged up to another record high in January, magnifying the need for the government to stimulate the depressed economy with an economic statement this month. Economists said continuing labour market weakness and further jobReuter - 623 words
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441 1992-02-12 8 IHT JAKARTA Indonesia, the world's largest supplier of liquefied natural gas and Asia's leading oil exporter, is planning a major expansion of coal exports to cash in on growing international demand. Japan, South Korea, Taiwan, Hongkong and fastgrowing economies in Southeast Asia areIHT - 441 words
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360 1992-02-12 8 AFP HANOI China and Vietnam will take stock of their fast-growing economic ties during Foreign Minister Qian Qichen's visit here starting today, Vietnamese Foreign Minister Nguyen Manh Cam said. Competing territorial claims and other "historical problems" between the Asian neighbours willAFP - 360 words
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653 1992-02-12 8 Vietnamese now in charge of Vietsovpetro Reuter VUNG TAU, Vietnam The pay used to be so bad for Vietnamese working on the oil rigs of Vietsovpetro that mothers would threaten disobedient daughters with wedlock to one of them. These days, they're the most eligibleReuter - 653 words
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Page 8 Advertisements
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Advertisement196 1992-02-12 8 FOR A BRIGHT, BREEZY LIFE-STYLE. MOVE TO MANDARIN GARDENS i !v fiESSr. w-Full-Service Accommodation by the Sea Mandarin Gardens is the only resort-style accommodation that offers you a wide range of amenities for a new life-style. The sun, the sea and open spaces. It's waiting for you. 15 minutes to196 words
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THE WORLD
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335 1992-02-12 9 Reuter MEXICO CITY The pace of joint ventures between American and Mexican companies has quickened, as companies on both sides of the border scramble to form alliances in anticipation of a North American free trade pact. Analysts say the flurry has been fuelledReuter - 335 words
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Article, Illustration425 1992-02-12 9 Reuter BRUSSELS Cracks appeared on Monday in the Franco-German alliance, long the bedrock of the European Community, as the two traded diplomatic barbs during a discussion on the European economy. Diplomats said French Finance Minister Pierre Beregovoy criticised Germany's tight monetary policy atReuter - 425 words
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Article, Illustration752 1992-02-12 9 Competition for Western aid intensifying IHT DAVOS, Switzerland Poor Nawaz Sharif, the prime minister of Pakistan, a country only recently at the forefront of the Cold War battleground, attracted barely a ripple of attention from the hundreds of businessmen and journalists attending theIHT - 752 words
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227 1992-02-12 9 Reuter CARTAGENA, Colombia Industrialised nations told poorer countries at a major United Nations development conference on Monday that they should not expect to live off aid and ought to become more efficient. The speeches on the first full day of debate atReuter - 227 words
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461 1992-02-12 9 Reuter LONDON The British consumer is still lacking the confidence to spend his hard earned cash and prefers instead to repay debt, government figures showed. "There is no sign yet that the British consumer is ready to lead the economy out ofReuter - 461 words
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WORLD WATCH
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113 1992-02-12 9 BRUSSELS European Community finance ministers have adopted excise duty rules for companies and consumers to take effect when intra-community customs posts disappear from the single EC market after Jan 1, 1993. EC officials said excisable goods tobacco, alcohol and fuels will pass through113 words
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Article73 1992-02-12 9 CARTAGENA, Colombia A United Nations body has drawn up a revolutionary proposal to tackle global warming through a system of trading permits for gas emissions, a UN official said. Roger Lawrence of the UN Conference on Trade and Development (Unctad) said the organisation recently completed73 words
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Article66 1992-02-12 9 BEIJING China's retail sales rose sharply in January, with heavy institutional spending setting off fears of inflation, the official China Daily said. Retail sales in January topped 87.3 billion yuan, 13.6 per cent more than a year earlier, it said, quoting an unnamed economist at66 words
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Article59 1992-02-12 9 TOKYO Japan's Posts and Telecommunications Ministry said on Monday it would provide 100 million yen (551.28 million) in aid to Ethiopia, Somalia, Sudan and Djibouti from special savings accounts launched last year. The ministry said the emergency aid was part of the 1.1 billion yen raised59 words
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Article59 1992-02-12 9 NICOSIA Libya, Syria and Iran, accused of developing nuclear weapons, have for the first time allowed international inspectors into their countries following a challenge from International Atomic Energy Agency (lAEA) chief Hans Blix. The three are apparently drawing conclusions from the Gulf War but also from59 words
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504 1992-02-12 9 Reuter JERUSALEM Israel's central bank governor Jacob Frenkel is seizing on the US demand for economic reform before giving US$lO billion (about 5516.2 billion) in loan guarantees to the Jewish state as an opportunity to promote long-resisted change. Mr Frenkel,Reuter - 504 words
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Page 9 Advertisements
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Advertisement157 1992-02-12 9 AUSTRALIAN TAXATION OFFICE BRISBANE, AUSTRALIA 100% LEASED TO AUSTRALIAN GOVERNMENT Located in the heart of Chermside Regional Business Centre. Dominant highway location and adjacent to Myer Regional Shopping Centre. Lettable areas Australian Taxation Office Building Retail Annex Excellent Car Parking 163,611ft 2 6,781ft 2 372 bays 100% leased to the157 words
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Article548 1992-02-12 10 EDITORIAL IF MONEY buys power and prestige, why not school places? Not a few schools, and countless parents, have long engaged in this modus operandi, long before the Ministry of Education's public censure last week. In a society where parents stop at almost nothing to548 words
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WHAT THE OTHERS SAY
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Article280 1992-02-12 10 DESPITE continuing bullish forecasts about the direction of the Singapore dollar, its value in recent weeks shows that a cap at least a temporary one has been put on its uptrend. The Malaysian ringgit and the US dollar, after hitting record lows against the Singapore unit, have both280 words
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Article108 1992-02-12 10 THE EDUCATION MINISTRY'S warning that it will take disciplinary action against any principal found to have engaged in soliciting donations in exchange for school places, is a timely move. In view of the latest incident, schools should draw a clear distinction between the buying of places108 words
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Article106 1992-02-12 10 JUDGING FROM THE various political, economic and social problems the Philippines is facing, what it needs most is a stable government. The prerequisite for this is to have a charming president who enjoys the support of the people and the military. During President Corazon Aquino's six-year leadership,106 words
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REGIONAL VIEWPOINTS
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Article203 1992-02-12 10 UNLIKE Hongkong, which has allowed hundreds of thousands of Vietnamese boat people to land and be resettled over the years, the US government has taken a two-faced approach. While it deplores the coup and is committed to restoring democracy in Haiti, it is also determined to203 words
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Article158 1992-02-12 10 INDEED, there could be more than a grain of truth in the argument that strong funding could even help news publications to sustain their social service by voicing the needs and aspirations of the common people. In view of the apparent unavoidability of big business158 words
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Article159 1992-02-12 10 ABANDON the industry, Primary Industries Minister Datuk Seri Lim Keng Yaik told Malaysian tin miners this week. It's nothing new; he has been preaching that for the past couple of years or so after having deemed it to be a sunset industry. He has also been159 words
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Article, Illustration1337 1992-02-12 10 John Helmer - As resistance to Boris Yeltsin's government grows, John Helmer examines the components of the opposition which are assailing the Russian President and his policies John Helmer POLITICAL rallies in Moscow and several other cities across Russia early this week demonstrate the growing strength and diversity of the1,337 words
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Page 10 Advertisements
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Advertisement119 1992-02-12 10 ScalpeLscissors-sutures- Business Times Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well Informed to maximise returns on your money. In the same way a surgeon needs his tools to operate, he needs Business Times to help him make sound investments. Fluctuations in shares, in local,119 words
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Advertisement10 1992-02-12 10 The writer is a Moscow-based correspondent who writes for BT10 words
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Page 10 Miscellaneous
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Miscellaneous81 1992-02-12 10 DOONESBURY THATS RIGHT, KJPS, YOU HEARD GORRECTIY! IF YOU'VE SLEPT WITH ANY CURRENT PRESIDENTIAL CANDIOffTE, THIS FEATURE WILL PAY YOU *25 TO TELL YOUK. STORy t» OH, 9XE, YOU OOULD ALWAYS SELL mO THE TABS FOR MORE, BUT tUOUUMT YOU RATHER SEE A PGNIFIEP RE-ENACTMENT OF YOUR STORY BY NATIONALLY81 words
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ANALYSIS
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Article, Illustration973 1992-02-12 11 Neil Gross - Japan's stock market woes and plunging real estate prices are not an indication of the country's economic health, says Neil Gross Neil Gross TO SOME, Tokyo's financial woes seem an awful lot like the vital signs of a dying patient. The stock market hasData: Japan's Science & Technology Agency - 973 words
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Article, Illustration1360 1992-02-12 11 Florence Chong - The past decade has seen the emergence of Asia as Australia's largest trading partner. BT's Sydney Correspondent Florence Chong finds out more about this relationship in an exclusive interview with the new MD of the Australian Trade Commission, Ralph Evans Florence Chong Australia has been makingSource: Australian Trade Commission - 1,360 words
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Page 11 Advertisements
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Advertisement60 1992-02-12 11 100 Waymouth Street ADELAIDE PRIME COMMERCIAL INVESTMENT Leased to Workcover Corporation (South Australian Government) 10 5 5 lease Substantial taxation benefits For Sale by Tender Close Wednesday, 18 March, 1992 Declared Price: $31.5 million Net Income: $3,000,000 per annum Note:The vendor reserves the right to accept any offer prior to60 words
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THE LAW PAGE
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1251 1992-02-12 12 Selva Kumar - Selva Kumar looks at the development of the law and some recent House of Lords decisions Selva Kumar RECENT decisions in English courts on whether auditors are liable only to their clients or to any third party relying on their1,251 words
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463 1992-02-12 12 PHNG SIEW HOON AND ANOTHER V PHNG SIEW LAN High Court of the Republic of Singapore, Suit No. 2260 of 1987 Justice Chan Sek Keong. THE SUIT was brought by the executors of the estate of Phng Yen San. The463 words
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392 1992-02-12 12 CHING YUAN MARKETING PRIVATE LIMITED V YAOHAN SINGAPORE PRIVATE LIMITED Court of Appeal of the Republic of Singapore, Civil Suit No. 49 of 1989 Chief Justice Yong Pung How, Justices Goh Joon Seng and S Rajendran. YAOHAN, the supermarket company, had granted Ching Yuan Marketing392 words
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Page 12 Advertisements
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Advertisement155 1992-02-12 12 3 \i: A !3Sc l/^\\ :«j TAIPEI'S MONGOLIAN RESTAURANT W TRADITIONAL MONGOLIAN BARBECUE 91 TOP FUGHT MONGOLIAN BAR.B.Q. Originated from Taiwan PROSPERITY YU SHENG (By order from 8/2/92 to 18/2/02) $18++ for 4-6 persons $25++ for 8-10 persons Sit Taipei Mongolian Restaurant hJt >***»-m 263 No. 263 Section 2, Hsin155 words
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Advertisement131 1992-02-12 12 Executive Jobs every Saturday in Business Times HLSVi m; JLW Perth WESTERN AUSTRALIA FOR SALE NEW LANDMARK OFFICE BUILDING FULLY LEASED TO LONG-TERM BLUE CHIP TENANTS. 79 °°u A *st pe^ Superior location overlooking Western Australia's Parliament House and the Perth CBD. 77,121 square feet nett lettable area. 201 on-site131 words
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SPORTS
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Article, Illustration523 1992-02-12 13 Reuter INDIANAPOLIS, Indiana Former heavyweight boxing champion Mike Tyson was found guilty on Monday of raping a beauty queen in a hotel room last summer and faces up to 60 years in prison. The jury of eight men and four women took about nine hoursReuter - 523 words
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803 1992-02-12 13 Reuter INDIANAPOLIS Trouble and Mike Tyson have been synonymous for most of the fighter's young life but his reputation and value as a drawing card have kept him from paying much of a price for his transgressions. Until now. The 25-year-old formerReuter - 803 words
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Article, Illustration538 1992-02-12 13 Winter Olympics NYT ALBERTVILLE, France Every four years they move in and out of the American sports consciousness as quickly as they move on their long blades. Their celebrity is usually measured by their time on the ice. Even when Eric Heiden flashed through LakeNYT - 538 words
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283 1992-02-12 13 AP NEW YORK Sprinter Andre Cason has run four sensational races this season. And he has not run a technically sound one yet. "A couple of times my head popped up in the first few steps, and once my legs started to bowAP - 283 words
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SIDE LINES
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148 1992-02-12 13 COLOGNE A leading German doping expert has leapt to the defence of sprint queen Katrin Krabbe and her colleagues Silke Moller and Grit Breuer, who are accused of trying to cheat on drug tests. In yesterday's edition of the daily newspaper Cologne Express, Dieter Baron,148 words
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Article175 1992-02-12 13 SAN DIEGO America 3 syndicate chief Bill Koch was a winner and loser on Monday when his top boat America 3 narrowly beat its older sister Defiant in the third race of the defenders' second round. America 3 handed the Koch-skip-pered Defiant its first loss by 49175 words
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Article74 1992-02-12 13 LONDON Two British Formula One racing teams unveiled big international sponsorship deals on Monday. The Jordan team announced it had clinched a multi-million-pound agreement with South African petro-chemical giant SASOL and Team Lotus had struck a deal with Japanese pharmaceutical company Shionogi. Jordan's deal, for74 words
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Article91 1992-02-12 13 PERTH Kepler Wessels' South African side is good enough to win the World Cup, say two top Australian cricketers. Geoff Marsh, expected to be Allan Border's deputy in Australia's side to defend the Cup, and wicketkeeper-batsman Tim Zoehrer, a member of Australia's provisional squad of 20, were91 words
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Article43 1992-02-12 13 CHICAGO Sixth-seeded Lori McNeil had too much experience and finesse for South Africa's Elna Reinach, winning 6-4, 6-2 in just 58 minutes on Monday at the Virginia Slims of Chicago tournament. Fifth-seeded Gigi Fernandez lost to Rosalyn Fairbank-Nideflfer 6-4, 6-4.43 words
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Page 13 Advertisements
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Advertisement289 1992-02-12 13 ORCHARD HOTEL SHOPPING ARCADE -i H l\ ■v l kl X--1x n s 7 S v S5V«* fev 1 ft .5 il r? 8* <*' S«f"P -Ss£S :7>v Ts 9 < SHOPS FOR LEASE :"v -.< rgSa A SoadM KST ■KT SS nssr s •OUUVAIO n' i SPLENDID RETAILING OPPORTUNITIES289 words
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Page 14 Advertisements
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Advertisement837 1992-02-12 14 Nothing Beats A Bud. OF BUD LIGHT i WHERE TO WINE, DINE... DIANXIN TEMPTATIONS Continuing the parade of aJnary gems incomparable Ruyi offers a fine selection of Dian Xin. From our creative A la Carte menu treat yourself to al the Dian Xin you can enjoy for $16.80++ per person837 words
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Advertisement347 1992-02-12 14 I PERFORMED DAILY AT THE PINE COURT Amklst Imperial splendour, our chefs stage their highly-acclaimed performance of legendary Betpng cuisine to the satisfaction of demanding diners.To guarantee your piace amongst the discerning make your reservations early. cial Lunch 12pm to 2.30pm DIK Dinner: 7pmto 10.30pm floor i 333 Orchard toad.347 words
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Page 14 Miscellaneous
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Miscellaneous561 1992-02-12 14 TELEVISION AND RADIO Buddy buddy OUR CHOICE Triumph of the Heart, 9.30pm, SBC 5 Professional football player befriends young handicapped boy who becomes a talented athlete under his guidance. The roles are reversed when the football player himself is afflicted with a terminal disease and the boy becomes his comforter.561 words
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LIFESTYLE
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Article, Illustration976 1992-02-12 15 Salil Tripathi - If you are an Asian film buff, this year's Singapore International Film Festival's for you, says Salil Tripathi Salil Tripathi April will not be a cruel month for film buffs this year, as the Fifth Singapore International Film Festival gets underway at Capitol, Prince, Jade, Raffles976 words
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Article, Illustration714 1992-02-12 15 CHATTERBOX ELIZABETH TAYLOR is planning a 60th birthday extravaganza on Feb 27 for 1,000 guests, including many of Hollywood's biggest stars, at Disneyland near Los Angeles, her spokeswoman said on Monday. Spokeswoman Chen Sam said the evening birthday bash was being714 words
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Article, Illustration725 1992-02-12 15 Eric Pace - Eric Pace on the acclaimed author of Roots, who died of a heart attack on Monday Eric Pace Reuter Alex haley, the Pulitzer Prize-win-ning author of Roots: The Saga of an American Family, which chronicled his ancestors' origins in Africa and their passageReuter - 725 words
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Page 15 Advertisements
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Advertisement279 1992-02-12 15 AND ENTERTAIN Bc\. I Ra Shai Mase For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15 pm. A ANA HOTEL For reservation*, SINGAPORE please call 732-1222 ext 1589. 16 -\^<AAcuj Parte View Singapore For279 words
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Advertisement91 1992-02-12 15 Love is in the Air... At Marina 'Bay %pmantic Valentine's Day (14th Jeb) Dinners at China China Restaurant at $88 or f 138 for 1 persons Xishifii Restaurant at $68' for 2 persons Tee Off Cafe at $58 for 2 persons (mdusivt of a complimentaryglass of Ouuapagnt tack and a91 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration866 1992-02-12 16 Claire Leow - By Claire Leow YESTERDAY'S trading was dominated by a consolidation in Malaysian counters and some activity on Keppel Corporation and Straits Steamship Land. Jurong Shipyard also garnered some attention with a private placement of 10 million new shares. But the effect of866 words
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Article, Illustration73 1992-02-12 16 Chew Eng Han - -By Chew Eng Han Comment A SOLID triple bottom base has been forming at the 60-cent level over the past six months. Renong now looks ready to start a medium-term uptrend as daily, weekly and monthly stochastks all point up. First target is 80 cents, followed by $1.00-1.03,SOURCE: PONT DATA - 73 words
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Article194 1992-02-12 17 I CPCKin Quoted have a par value of {1 and traded in lots of 1,000 shares each P/E ratio Reflect last annual consolidated results shares P/Es are adiusted for currency LLULIUS unless otherwise specified differences. ABN shares quoted in dollars. Gr Y*ld Forwgn shares adjusted194 words
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Page 17 Advertisements
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Advertisement10 1992-02-12 17 ASIAN AEROSPACE 92' A special 6T Supplement Feb 25, 199210 words
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Article122 1992-02-12 18 I CpCWn M uoted haw IP* wlue of tl and traded m lots of 1,000 shares each P/E ratio Reflect last annual consofcdated results Foreign shares P/Es are adjusted for currency LL.UL.iIL/ unless otherwise specified differences ABN shares quoted *1 dollars Gr Y*ld Forwgn shares122 words
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Page 18 Advertisements
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Advertisement127 1992-02-12 18 NOTICES LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Sofa Lye Hock of Bk 238 #20-384 Jurong East St 21, Singapore 2260, have applied for a Fist Class Beer House licence in respect of premises at M/i LianHuat Seng Poh Eating House at Blk 802 #01-07 Tampines Ave 4,127 words
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Advertisement120 1992-02-12 18 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, HoHeeSay of Blk 03 Rocboce Centre #14-630 Rocfaore Road, Singapore 0718, have applied for a Second Class Beer House licence in respect of premises at M/s Hoya Steamboat ARestaunnt at2B2/282A South Bridge Road, Singapore 0105 and that this application will be120 words
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Advertisement118 1992-02-12 18 UQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I, Tay Eng Khiam of 24A South Buona Vista Road, Singapore 0511, have applied for a Retail Liquor Shop licence in respect of premises at M/i Food-Joy Minanart at 24 South Buona Vista Road Singapore 0511 and that this application will be118 words
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Advertisement118 1992-02-12 18 UQUOR LICENCE NOTICE NOTICE IS HEREBY OVEN Dm. I, KHOOYEWTIAN of No. 129 Sunset Way #03-04 Singapore 2159, has applied for a Public House licence in respect of premises at M/s THE BAY RESTAURANT at #01-03, 5 Stadium Walk. Kallang Leisure Drome, Singapore 1439, and that this application will be118 words
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Advertisement125 1992-02-12 18 LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN dm. I bin bfa Ktnj of 6-A Gray Lane, Singapore 1542, hro applied for a First Class Public House licence in respect of premises at M/s BANGKOK GARDEN THAI RESTAURANT PTE LTD AT 133 Cecil Street, 81-01 Keck Seng Tower, Singapore 0106, and125 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration507 1992-02-12 19 Bernama THE MARKET yesterday absorbed some profit-taking activities and share price finished higher with blue-chips leading rises. Prices earlier fluctuated on investors' wariness that the local bourse would consolidate after the strong rally since last Thursday. Foreign investors, who had been building positions then,Bernama - 507 words
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BT SHARE INFORMATION SERVICE
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Article24 1992-02-12 20 Forecast figures are contributed by Baring Securities. Crosby Securities, DBS Securities, GK Goh Securities, Hoare Govett Securities and Kay Hian James Capel.24 words
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Article66 1992-02-12 20 Net Profit represents consolidated earnings after provision for depreoatnn.nterest charges, taxation and mnonty interests, I: Interim, F: Final; (a): In mHon yen; (b): In Australian dolars. (c): In m*on guilders; (d) In HKJm; (e) In USJm; (f) Period of 16 mths EPS annuateed, (g) Period of 966 words
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12 1992-02-12 20 Footnotes Deemed Interest Eriidrged share capital NA: Not Available12 words
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Article120 1992-02-12 20 Figures in brackets are for the previous corresponding period L: Loss, IE: Tax Exempted, N: Net. KYA: Not Yet Available, (a): Adjusted for scrip issues, (b): In million Dutch Florins, (c): Profit after tax. (d): In million HK$, Company's profit, ki million yen. (g): Profit after tax minority120 words
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Article252 1992-02-12 20 Feb 10 Straits Steamship Land and First Pacific Land will undertake a USs7sm property project a office and hotel/service apartment to be built along Ho Chi Minh's thoroughfare Dong Le Lai in Vietnam. Guthrie GTS Ltd's wholly-owned subsidiary, Guthrie Development (S) Pte Ltd has entered into a conditional252 words
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Article125 1992-02-12 20 M shares quoted have a par value of SI unless otherwise specified. NY* Not Yet Available: Int Interest I Interim. N Net TE Tax Exempt S Special diwdend; (a) Adjusted tor scrip issue; (b) First and Final; (c) Includes 4% special dividend, (d) Includes 6% special diwdend; (e)125 words
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Article97 1992-02-12 20 Frastr I Heave Ltd; 93rd AGM EGM at its registered office, 475 River Valley Road, Singapore 1024, on Friday, Feb 14, at 10am Chin Teck Plantations Bhd: 33rd AGM at No 107-1 Changkat Tambi Dollah, off Jalan Pudu, ***** Kuala Lumpur, on Saturday, Feb 15, at 10am The97 words
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29 1992-02-12 20 Maw art prica traa* aa Mm warM't majar ttock Mrtuto m catcataM to MtrtH Mm- cwj**""-. «SyVi saur; Copyright© 1991 Morgan Stanley Capital International29 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration150 1992-02-12 21 UPI PROPERTY developments yesterday continued to cause the Thai stock market to rise, with the Stock Exchange of Thailand (SET) index gaining 6.6S points in moderate trading to close at 786.91. "Bangkok Land still caused the index to rise when the market opened," saidUPI; SOURCE: PONT DATA - 150 words
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JAKARTA STOCK EXCHANGE
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102 1992-02-12 21 PROFIT-TAKING set in, sending most leading shares down. "Prices have risen too quickly. I would expect the market to consolidate," one local broker said. Brokers said foreign buying, normally the main support of the market, has been selective, failing to follow up the bull run102 words
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Page 21 Advertisements
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Advertisement9 1992-02-12 21 Read Personal Finance Investment in Business Times every Saturday9 words
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Advertisement43 1992-02-12 21 Did you hear Leon Lai at al? Amid all the screaming, shrieking and swooning, did the singing of Hongkong pop idol Leon Lai reach the crowd's ears? For the first report on Leon in concert check us out this afternoon NEW, NEWS, NEWSY43 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration242 1992-02-12 22 Reuter STOCKS closed sharply lower yesterday on profit-taking with the blue chip Hang Seng Index falling 59.04 points to finish at 4,674.52. Heavy profit-taking on covered warrants in the afternoon further dampened prices, brokers said. Stocks opened lower as foreign selling alternated with selective buyingReuter - 242 words
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Page 22 Advertisements
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Advertisement17 1992-02-12 22 The Tokyo stock market was closed for a holiday yesterday. Innovation Technology in Business Times on Tuesday17 words
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AUSTRALIAN STOCK EXCHANGE
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412 1992-02-12 23 Reuter RENEWED confidence yesterday boosted Australian stocks which regained ground lost last week when the market was stuck in the doldrums. The market opened higher amid positive sentiment after a better-than-expected performance on Monday and after strong overnight rises on foreign markets.Reuter - 412 words
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REGIONAL STOCK MARKETS
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Seoul shares plunge in active trade
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Article82 1992-02-12 23 SOUTH KOREAN shares yesterday plunged in fairly active trade to close below the 680 level as investors took profits. "Investors cashed out of shares that saw an increase last week," said John Wardle, analyst at Barclays de Zoette Wedd. The composite index ended off 12.86 points at 674.32, the82 words
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Article157 1992-02-12 23 THE STOCK index fell for the fourth consecutive trading day, plunging 2.6 per cent on heavy selling in late trade, brokers said. The weighted index opened higher but ended 132.51 points down at 5,072.04. Turnover was an active NT547.4 billion against NT$5l billion. All sectors fell. "Asset plays, which157 words
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Article92 1992-02-12 23 SHARES fell in quiet trading but brokers said the market could perk up soon following the International Monetary Fund's approval of the government's austerity programme. The Manila Stock Exchange composite index slid to 1,212.79, a loss of 21.74 points. Brokers said the market appeared exhausted after the January price92 words
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Article142 1992-02-12 23 SHARE prices closed firmer as the mood for equities in New Zealand improved. Banks began a new round of retail lending rate cuts on Monday night which helped set the tone. The NZSE-40 capital index ended 9.62 higher at 1,467.92 although at one point it was 16 points142 words
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Page 23 Advertisements
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Advertisement27 1992-02-12 23 The share prices for the Manila stock market were not available due to a technical problem at source. Read Personal Finance Investment in Business Times every Saturday27 words
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WORLD STOCK MARKETS
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Dow rebounds to snap 3-day losing streak
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Article, Illustration398 1992-02-12 24 STOCKS rebounded in quiet trading on Monday after the New York market managed to shake off weak bond prices and helped the Dow snap a three-day losing streak. The atmosphere in both stock and bond markets had been subdued in anticipation of the Treasury's US$36 billion quarterly refunding398 words
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Article, Illustration208 1992-02-12 24 HOPES of interest rates cuts in the United States and Britain pushed up share prices to close higher on Monday on the London Stock Exchange. The blue-chip Financial Times Stock Exchange 100-share index, which lost 17.1 points on Friday, closed 21.2 points higher at 2,538.4. The narrower Financial Times208 words
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Article131 1992-02-12 24 THE STOCK market lost a little ground on Monday, as the DAX spot trend index finished at 1.682.13 points, off by 0.20 per cent from the Friday close, while the Commerzbank indica- tor ended at 1,942.60, off 0.12 per cent. Operators said the market was "seeking its way", aftd131 words
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Article135 1992-02-12 24 THE PARIS bourse scored a modest rise on Monday in listless trading, despite strong volume in the Perrier mineral water company's shares, operators said. The CAC-40 stock price index ended the session at 1.865.55 points, up by 0.21 per cent from the Friday close. The indicator had been off135 words
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Article191 1992-02-12 24 ITALIAN shares closed broadly weaker, with blue chips falling across the board, driven down by the weak performance of overseas markets and continuing worries about the international economic outlook. "People are just continuing to sell. Even the effect of the takeover law, which gave a small boost to the191 words
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Article240 1992-02-12 24 SHARES closed steady with a slightly firmer bias in moderate trade as Wall Street's higher opening supported the market in late business, brokers said. The all-share SPI index edged 0.2 points higher to 1,120.4. Blue chips gained more, with the SMI index of leading shares up 5.8 points at240 words
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Article101 1992-02-12 24 PRICES on the Stockholm bourse closed sharply lower in slow trade following Friday's Wall Street declines, dealers said. They added many investors were cautious ahead of Ericsson's 1991 results yesterday. The bourse's general index fell 1.28 per cent to 944.30 on turnover of 427 million crowns. Blue chips slid101 words
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Article214 1992-02-12 24 THE STOCK market ended the day slightly easier on Monday in dull trading as continued volatility in the financial rand drove confused traders to the sidelines, dealers said. The foreign investment currency started steady at around 3.47 per dollar but quickly came under pressure again and soon equalled Friday's214 words
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Article94 1992-02-12 24 STOCKS ended slightly firmer on Monday but in quiet trade as players stayed cautious ahead of this week's US Treasury refunding and Friday's US producer price index, dealers said. "It was quiet all day. Typical Monday, I guess," one trader said. Canadian biotechnology stocks ended stronger, escaping from profit-taking94 words
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Page 24 Advertisements
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Advertisement29 1992-02-12 24 The market reports for Amsterdam and Brussels were not available. Monday's closing prices are compared with as Friday's prices were not available Executive Jobs every Saturday in Business Times29 words
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CURRENCY, MONEY & FUTURES MARKETS
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1195 1992-02-12 25 REPORTS THE US dollar ended the Asian day slightly easier against the mark and a touch firmer against the yen after gently fluctuating in directionless trade here. Dealers said a Japanese holiday yesterday had subdued the market. Hongkong dealers said they1,195 words
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268 1992-02-12 25 AP FRANKFURT United States Secretary of State James Baker held out the possibility on Monday that the US would contribute to a fund to support the Russian currency. But Mr Baker, speaking to reporters aboard a plane bringing him here to inaugurate aAP - 268 words
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Article367 1992-02-12 25 Reuter NEW YORK Aided by the lowest interest rates in two decades, corporate America is in the midst of a massive effort to get its balance sheet cleaned up. Companies are calling in debt before maturity, offering to swap it for equity or simply repurchasing itReuter - 367 words
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Article10 1992-02-12 25 Source: UOB Source: Astley Pearce Source: OCBC10 words
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Article39 1992-02-12 25 Rates quoted by Astley Pearce Rales quoted by NatWest Note: Based on latest issues Source: The Monetary Authority of Singapore Central bank discount rates Average of 12 banks. Float Source: National Westminster Bank Source: National Westminster Bank39 words
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Article17 1992-02-12 25 Note: Volume and open interest are for previous day trading. Source: Singapore International Monetary Exchange17 words
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Page 25 Advertisements
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Advertisement6 1992-02-12 25 Chartpoint in Business Times every Saturday6 words
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COMMODITIES
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370 1992-02-12 26 Dawn Tan - By Dawn Tan SINGAPORE The Lon-don-based International Tin Research Institute (ITRI), a major tin research and development organisation, is to close five of its international tin information centres. Centres in Australia, Germany, Japan, Brazil, and the Netherlands will wind-down their operations370 words
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Article, Illustration275 1992-02-12 26 Reuter LONDON Platinum's rally of around US$4O in the past month and move from a US$2O discount to a US$l2 premium to gold may be tapering out as fundamental and technical factors move against the metal, analysts and dealers said on Monday.Reuter; Source: TeleTrac - 275 words
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831 1992-02-12 26 REPORTS THE price of tin on the Kuala Lumpur Tin Market rebounded to close 29 sen higher at M$ 14.39 per kg yesterday, following the US$lO5 rise on the London Metal Exchange overnight. Dealers said market sentiment was well supported by renewed831 words
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Page 26 Advertisements
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Advertisement1373 1992-02-12 26 B uSINESS TIMES NOTICES Toll tr— Tel No 737 0043 -Fax No: 734 3698 o EXPORT CREDIT INSURANCE CORPORATION OF SINGAPORE LTD (incorporated with limited liability in Singapore) U. 5.550,000,000 Floating Rate Notes due 1997 In accordance with the provisions of the Notes, notice is hereby given that for the1,373 words
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Advertisement7 1992-02-12 26 Advertising Marketing in Business Times every Thursday7 words
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Article373 1992-02-12 27 AIMJNE COOES: Ah Mr tram una, AY: Fmar Oy (FIN), AZ: AMaU (AZA). BA: British Always Public ltd Co (BAW). 9G Bnwi Bantfadesft AMnes (BBC), Bi: Royal Brunei AMnes Ltd (RBA), BR-EVA Airways Corpn, CA: Air Cftna (CCA), CI: CNna AMnes Ltd (CAL), CV: Cargolux AMnes373 words
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THE TRAVEL PAGE
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Article, Illustration560 1992-02-12 27 Edwin McDowell - POSTCARD FROM FORT LAUDERDALE By] Edwin McDowell NEXT month, hundreds of thousands of American college students will besiege sandy shores and snowy slopes around the country to celebrate the rites of spring. But just a handful will head for the beach resort of Fort Lauderdale,560 words
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Article11 1992-02-12 27 Source: Republic National Bank of New York11 words
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Page 27 Advertisements
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Advertisement41 1992-02-12 27 Discover the lengths Finnair go for just one price. A superb twice-weekly service from Singapore direct to Helsinki and daily connections to over 35 European destinations- all for one price. Call *****77 for details. W« know Europ* from Mart to Finnish.41 words
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Advertisement5 1992-02-12 27 Appointment Ads An tnociivo Contributor5 words
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Advertisement326 1992-02-12 27 BUSINESS TIMES NOTICES TELEPHONE: Toll free Tel No 737 0043 Fax No: 734 3688 MTHE MATTER OF THE COMPANIES ACT, CAP. SO TAN FARMWG PTE LTD Vokaikry liqUdstton) At an Extraordinary General Meeting of tie members of TAN FARMING PTE LTD duly convened and held 6001 Beach Road Golden MM326 words
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Advertisement363 1992-02-12 27 NOTICE NOTiCE IS HEREBY GIVEN that. I, LOW FUNG JOKE of Block 3 Dairy Farm Road 401-06 Singapore (2367), have applied for a Public House Second Class licence in respect of premises at Mfe MLANO RESTAURANT at Yishun 10 Complex, 51 Yishun Central 1 Unit 01-07, Singapore (2776) and that363 words
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Advertisement369 1992-02-12 27 NOTICE NOTICE IS HEREBY GIVEN that. I. LOW FUNG JOKE of Block 3 Dairy Farm Road #01-08, Singapore (2367). have applied for a Public House tecood nm Hcsnre in respect of premises at M/s Ml LA NO RESTAURANT at 1 Maritime Square. Harbour Promenade, World Trade Centre. Unit 01-126, Singapore369 words
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Page 27 Miscellaneous
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Miscellaneous334 1992-02-12 27 CRYPTIC CROSSWORD ACROSS 1 You get a minute portion for each boy (6,6) 9 Dine in the snuggery. It's most orderly (7) 10 Fascinated by a small glove (7) 11 I meet North Kentucky black (4) 12 Disorder is enormous after tea (5) 13 One in leading position is too334 words
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Miscellaneous160 1992-02-12 27 WEATHER Singapore Outlook: Showers over several areas in the afternoon. Report Maximum temperature 32.3 Assoc humidity 64% Minimum temperature 24.8 Assoc humidity 94% Hours of sunshine 5.80 Rainfall in mm 6.5 Rainfall this month 6.5 Rainy days this month I World forecast Asia-Pacific Hi/Lo* Cond. Auckland 24/17 Goudy Bangkok 33/22160 words
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Miscellaneous22 1992-02-12 27 SnStOKT: ?t^Klhcker£ THE CROWDeD "TRAIN Trte NOlSe....fW£ ACTION! TW£ DM. ■we hullabaloo. 8610 ASSOCIATED NEWSPAPERS LTD.. IM2-IM2 CveeypAy ir*i vcrging ON HVST^RIPi....22 words
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456 1992-02-12 28 Agencies BRUSSELS Former Soviet President Mikhail Gorbachev said on Monday he might have to re-enter politics, if Russian President Boris Yeltsin strays from a pro-democracy, reformist course. In an interview with NBC News in Moscow, Mr Gorbachev said that heAgencies - 456 words
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378 1992-02-12 28 AFP NEW DELHI The first Kashmiri marchers reached the Indo-Pakistan border at 1 pm yesterday (0730 GMT) but did not try to cross it and no incident of firing occurred, an Indian foreign affairs spokesman said. He said 150 to 200 members of theAFP - 378 words
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328 1992-02-12 28 Reuter ALGIERS Eight policemen were ambushed and killed in Algeria in the first full day of a state of emergency to crush Muslim fundamentalist unrest, sending political tension spiralling to new heights. Gunmen with automatic weapons attacked two patrol cars on Monday in theReuter - 328 words
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391 1992-02-12 28 Reuter BONN Germany urged the United States on Monday to be flexible at the Gatt world trade talks after a US warning that they were crucial for world security. Bonn government spokesman Dieter Vogel said the European Community was willing toReuter - 391 words
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Article, Illustration528 1992-02-12 28 AFP PHNOM PENH The first Chinese foreign minister to visit Cambodia since the fall of the Khmer Rouge in 1979, Qian Qichen, arrived yesterday urging all factions to stick to the Paris peace agreement. "The Paris agreement on Cambodia will not comeAFP - 528 words
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371 1992-02-12 28 GENEVA The world trade body Gatt locked horns with environmental groups yesterday when it released a study arguing that increased trade and income should make it easier to protect the environment. The study by economists criticised the efforts of some countries, spurred by371 words
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Page 28 Advertisements
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Advertisement72 1992-02-12 28 CHARTPOINT Every Saturday in Business Times .1?. BlancpaiN Singapore THt HOUR CLASS Lucky Pla/a Tel *****20/1 Scotts Tel *****27/7198 Centrepoint Tel *****98 Peninsula Pla/a Tel: *****09/*****63 Palais Renaissance Tel: *****62/543 Raffles Tel *****41 Chang, A.rport Terminal 1 (East West Wings) Tel: *****69/0 Terminal 2 (South Wing) Tel: *****81 Sole Agent:72 words
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Advertisement92 1992-02-12 28 Boris the besieged, Pg 10 Qian's visit to Vietnam to focus on economic ties, Pg 8 KHAW AND SONS Specialist Teachers of Mandarin MANDARIN CLASSES for CHILDREN by experienced bilingual teacher from Beijing and well-known local music teacher Lessons feature: Poem reading Drawing Simple calligraphy Singing monitoring by photo-journalist Videotapes92 words
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Advertisement156 1992-02-12 28 CHARTPOINT Every Saturday in Business Times Seminar The 1992 Budget and Current Developments in Taxation The 1992 Budget is scheduled to be presented to Parliament on Friday, 28 February 1992. The aim of the seminar is to provide a briefing on the main taxation provisions of the budget. Recent developments156 words
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SHIPPING TIMES
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Article, Illustration357 1992-02-12 29 Rahita Elias - Increased trade, decline in capacity main reasons for optimism By Rahita Elias SINGAPORE Liner shipping is definitely on the road to recovery as a result of an increase in trade and output as well as a decline in containership capacity on order. According to Ms357 words
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249 1992-02-12 29 Jimmy Yeow - By Jimmy Yeow KUALA LUMPUR Construction work on the 360metre long wharf of the North Butterworth Container Terminal (NBCT) is expected to start by the middle of this year. The project will begin after the Penang Port Commission (PPC) has awarded249 words
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Article, Illustration281 1992-02-12 29 Reuter ROME A decision by Czechoslovakia to link up with a Trans-Alpine pipeline network to secure oil that it used to get from the Soviet Union should turn the Italian Adriatic port of Trieste into Europe's No 3 oil port. "TheReuter - 281 words
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469 1992-02-12 29 Reuter TOKYO The shipyards of Japan and South Korea are looking forward to a decade of prosperity but have been hit by fluctuating demand too often to run the risk of expanding capacity. A global move to replace old tankers is bringingReuter - 469 words
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LOG BOOK
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93 1992-02-12 30 BONN The government of Yugoslavia has decided to end a ban on German trucks and coaches entering the country effective immediately, the German foreign ministry said. A spokesman at the foreign ministry confirmed a report by the German Federation for Freight Traffic that the93 words
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Article76 1992-02-12 30 MOSCOW United States military planes start flying food and medicines to the former Soviet Union on Monday, amid complaints that the symbolic Operation Provide Hope is wasting money that could be better spent elsewhere. Billed as a dramatic end to decades of Cold War hostilities by76 words
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Article113 1992-02-12 30 SAN JUAN, Puerto Rico A USAir Boeing 727 carrying 158 passengers made an emergency landing in San Juan on Sunday after the pilot detected a mechanical failure in one part of the landing gear, officials said. There were no injuries, airline and airport authorities said.113 words
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Article75 1992-02-12 30 NEW YORK A pilot who was trying to make an emergency landing at Laguardia International Airport was seriously injured on Sunday when his small plane crash-landed onto a main road in Queens, a borough of New York City, authorities said. There were no other75 words
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Article91 1992-02-12 30 RIO DE JANEIRO Two sailors were killed in a dawn attack by pirates on a Maltese-registered ship anchored in the bay off Rio de Janeiro, police said on Monday. About 10 masked and armed men swarmed aboard the Anand on Friday morning as it was91 words
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Article84 1992-02-12 30 LONDON A tug on Monday reported that the 15,649-dwt Colombian freighter Ciudad de Pasto has developed a 10 per cent list after being holed in the northeast Pacific, Lloyd's Shipping Intelligence Service said. A second tug was expected to reach the vessel, which is drifting after84 words
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Article1193 1992-02-12 30 THE Panamax sector on Monday maintained its downwards trend as the Baltic Freight Index eased a further nine points to 1,356, brokers said. "Cargo volume is thin and the adequate supply of tonnage for early positions seems to be driving rates further downwards," Clarkson Research Studies said in1,193 words
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Article, Illustration812 1992-02-12 30 Agis Salpukas - United Airlines recently announced that it was putting off delivery of more than 100 Boeing aircraft. Agis Salpukas explores the impact this will have in the industry Agis Salpukas NYT IN THE face of persistent recession, United Airlines took a big stepNYT - 812 words
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435 1992-02-12 30 Reuter Boeing co said its largest domestic customer, UAL Corp's United Airlines, has asked to delay delivery of some 737 firm orders, but that the majority of its delivery reductions involve options on 737s and 7575. Boeing Commercial Airplane Group spokesman Craig Martin saidReuter - 435 words
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Article182 1992-02-12 30 BEARISH sentiment continued to engulf the freights market this week, leading to a sharp markdown in rates, brokers said. The Baltic Freight Index tumbled 65 points to finish the week at 1,365, with reduced Far East interest due to the Chinese New Year contribut- ing to the slide.182 words
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Article4598 1992-02-12 38 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 maximum4,598 words
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SHIPS IN PORT
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Article201 1992-02-12 45 i A L-j. mwif rwi B«rth: 1: nil; 2: Fu Ping 3: Young Sportsman; 4; Silver Song 5: nil; 6; Barge Sea Maco. 01 jetty: ml. DC* nil. Out on Fab 11: Pernas Sekoi, Kris Lemona, Uni Modest. Dm on Fab 12: Kofcuei Maru No 3, RimbA201 words
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371 1992-02-12 46 The US firm beats Japanese and Canadian rivals in heat of'buy America' fever UPI SACRAMENTO The state of California awarded a US$l55 million (*****.2 million) contract to build passenger rail cars on Monday to Morrison Knudsen Corp, which plans to open at least one factoryUPI - 371 words
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380 1992-02-12 46 AP CUMANA, Venezuela For as long as anyone here can remember, the giant tuna boats known as purse seiners for the nets they use have set sail from this gusty Caribbean port to cast their nets in surrounding waters. For fishermen, the fact that dolphinsAP - 380 words
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239 1992-02-12 46 Reuter NEW YORK Marine Drilling Cos Inc said on Monday its banks declared a principal payment default against its Keyes 303 LP subsidiary, accelerated a note having a current outstanding balance of US$l4.4 million (5523.3 million) and seized a related collateral accountReuter - 239 words
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461 1992-02-12 46 NYT NEW YORK Two of the world's largest telecommunications companies. Northern Telecom Ltd of Canada and Motorola Inc of the US, said on Monday that they planned to market their equipment jointly to large operators of cellular telephone systems, many of whichNYT - 461 words
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Page 29 Advertisements
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Advertisement27 1992-02-12 29 Lines and services represented by Members of the Registry ef Accredited Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shipping Times: lei 740- 2tm/741)- 2090.27 words
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Advertisement125 1992-02-12 29 onagers ust anage BT shows you how every Monday. Br JftS'm >, U-; s -fv-x: :**'.--w'v'' »V-, t'T"* v sm *¥5 iV2< »r* V. y v .>*?*«*. v hKV. \As&Sg&i ::7 K&& -<P 1/ r M 2& >>. wg ■PMMin^ i :?•••<,• V\;v i-li.f 4 i v v- -< V:125 words
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Advertisement238 1992-02-12 29 SUMMARY United to slash capital spending by $1 lb IN THE face of persistent recession, United Airlines took a big step back from an ambitious expansion strategy on Monday, announcing that it was cutting its capital spending by US$6.7 billion (SS10.8 billion) over the next three years and postponing the238 words
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Page 31 Advertisements
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Advertisement679 1992-02-12 31 ■TOUTS FROM CANADA MPORTS FROM USA ■ffORT Ewi Tuesday trrn* at EXPORT Evary Saturday arrival at Simapnia 'Antavp Stiapments <na R'dam **Haanburf Slupmantj via B luvan 74ix6 /fuA&Mti* ANL nti.ii ........1., i ncssa/ww m HO9 MT A. ASM ***** 1/2 11/2 14/2 29/2 29/2 2/1 A. JAYAKARTA 64 7M 14/2679 words
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Advertisement669 1992-02-12 31 TRANSPORT DIARY 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 Aviation669 words
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Advertisement956 1992-02-12 31 MAERSK LINE NEXT SAILINGS TO U.SA LAUST MAERSK VOY. 9204 ETA SIN 17/2/92 MARIE MAERSK VOY. 9204 ETA SIN 18/2/92 Voy Tht» m* Ma CY 18/2 0600 HRS CFS 17/2 2359 HRS by DESTINATIONS Port Kelang Panang OAK ■mm! CHS BAL NYC MON TOfl MARIE MAERSK 9204 MA HIT MAERSK956 words
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Page 32 Advertisements
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Advertisement591 1992-02-12 32 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT Aho Kcaptinf cargo to: M UK I N. Continent inland destinations. Belfast, Dutin, Copenhafen, Aartws, Gothenburg, Malmo, Helsinki, Oslo, Amsterdam, Caribbean, S. America, Ceuta, MeHa I Canary Islands. CONTAINER SERVICE FROM UK/CONTINENT ACCEPTANCE OF CARGO TO BREMERHAVEN VIA HAMBURG Agents. Singapore —HAPAG-LLOYD (BINQAPORE) PTE591 words
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Advertisement698 1992-02-12 32 gg CSAV Comp.tnia SuflAmenc^na Comp.ima SuclAmericana Chilean Line Eat 1872 SEABPAC SERVICE MRECT SOUTH PACFIC SERVICE IMPERIAL 3202 EB PALEMBANO 3301 EB Tranait Tim# SIN 23-28/2 25-27/3 NOU SUV PPT 12/03 15/03 20/03 7/4 10/4 14/4 (13) (18) (22) ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO, APIA. NUKUALOFA.698 words
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Advertisement641 1992-02-12 32 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE m/vor NORASIA PEARL 9149-3 JAPAN SEA 150W CHMA SEA 151W NOR ASIA AL MUNTAZAH 9201-3 NORASIA SAMANTHA 9202-3 ML AND PORTS. VALENCIA VIA ALGERCftAS WESTBOUND FOR MEDITERRANEAN VIA VALETTA (MALTA) NORASIA PEARL 9149-3 JAPAN SEA 150W CHMA SEA 151N NORASIA AL MUNTAZAH641 words
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Page 33 Advertisements
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Advertisement825 1992-02-12 33 STRAITS SHIPPING PTE LTD 15 Hoe Chiang Road #09-01 San ford Building Singapore 0208 Tel: *****88 Fa*: *****17 SERVICE TO SABAH SARAWAK BRUNEI nc sms STRAITS HOPE STtAITS VENTURE STMITS SIM VO2E hhura. Skan, Tan VO4E khtara, lab. KK ¥OS€ Must*. Ls6. KK VOX Uuara, Shan, Ta> ACCEPTS CAP GO825 words
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Advertisement819 1992-02-12 33 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: **********0Z EXPORT TO UK CONTINENT JEDDAH FROM UK CONTINENT JEDDAH ALSO ACCEPTMO FCL/LCL FOR Al UK819 words
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Page 34 Advertisements
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Advertisement351 1992-02-12 34 DJAKARTA LLOYD INDONESIAN NATIONAL LINE CR NSR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSL/VOY SPORE ROAM/AO AN H'BURG BREMEN ANTWERP MATARAM 31WB 24/2 30/3 5/4 8/4 12/4 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sublet to Inducement. Also accepting cargo to Coaoblonoo, Port Sold, Port Aloxandrla, Gonoa. Trtooto. ALSO351 words
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Advertisement575 1992-02-12 34 HANJIN SHIPPING Also accepting Reefer Opentop. FlatrKk etc to San frincisco «m OMUand M USA Inland a*- -A 1 ft.li Dk.lMUlnk,• Mnrlnth r L«na,.,M« 1 Dm.at m.*r MOnTftW. BUTHTWI. BOVOfI, rnillOCipml WWI. JICMOfIWH, nfß rO«nf CtC LME HAUL mm PLEASURE 023* HANJM TONGHAE 087W HANJM SEOUL 120W HANJM SINGAPORE 004W575 words
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Advertisement911 1992-02-12 34 a EVERGREEN uH inf.urn y Si y i /< Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) n W Mt IK U( W MT OK n HI no til M Hi NTCIMT KM W Df «t «0 CM ML MP ifCLUinM-ui 11/1 u/2 u/2 tut wt a/i i7/i a/i a/i t/i u/i a/j n/i911 words
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Page 35 Advertisements
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Advertisement1111 1992-02-12 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) >LL FREE) BOOKINGS: (TO USA SERVICE FAR EAST SERVICE UK/EUROPE SERVICE AUST/INDIA/PAK SERVICE NEPTUNELINK TEL *****82 DOCUMENTATION DEPT *****31 TERMINAL OFFICE *****89 IMPORT CFS MB2 *****32 EXPORT CFS MB2 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.Kelang-<O3) *****87, Penang-(04) *****0. J.Bahru-(07)1,111 words
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Advertisement455 1992-02-12 35 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/ *****} (REGULAR INDEPENDENT SERVICE) BALT ORIENT LINE 1 l l \\\H I IM FULL CONTAINERSHIP SERVICES MA FOR OdCTMIg OUT Parang455 words
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Page 36 Advertisements
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Advertisement1079 1992-02-12 36 1 K LINE KAWASAKI KISEN KAISHA, LTD AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) TEL *****77 TELEX KAWAJCI R*****5 FAX: MALAYSIA: "K* UNE MARITIME (MALAYSIA) SON BHD TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 INDONESIA: P.T. SARANA LAUTINTERNUSA TEL JKT *****76. *****77. *****08 EXPORT n1,079 words
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Advertisement754 1992-02-12 36 r*r® Tel: *****22 *****69 *****00 Tetex R*****0 FAX: *****76 *****38 ev AIR, LAND OR SEA.... 4||t J«Sr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 15 FEB SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 17 FEB AUCKLAND. WELLINGTON. LYTTELTON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH 25 FEB SUVA. NOUMEA. PAPEETA.754 words
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Page 37 Advertisements
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Advertisement740 1992-02-12 37 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street. #03-00 PIL Building. Singapore 0106. Tel: *****33 REGIONAL CONTAINER SERVICES Mi.-.' II 9HTT VVVESSEL a KOZMTSEV PET* DUTOV KOTA BINTANO KOTA SUWA peoasus progrem KOTA MNTANO mmm vov BIN MM 13/2 704N 14/2 07N 15/2 KBTM7 W1 smao7 nn KSR2O7 It/2 IMN740 words
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Advertisement783 1992-02-12 37 EacßenV Ist1 st CLASS OONHMR TRANSPORT ()V|\l\|Rs|HV|C| 10 fly NORTH CON'IINIYI-'ONDINWIA WEEKLY NOTE: 1) SOU —IE HAVRE/BELFAST/BILBAO/DUBL IN 2) RTM: PARIS/BASEL/AN TWERP/CORK 3) HAM COPENHAGEN/AARHUS/VIENNA/WARSAW/GYDWIA 4) GOT OSLO/HELSINKI CLOSING TIME FCI: 18/2 0800 HRS iq u/2 1700 HRS I IXI'KI COM \IM R M IiVU I I'ROM HIWDINWIVNORIII (ONIINTNT I783 words
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Advertisement316 1992-02-12 37 BOUSTEAD SHIPPING AGENCIES M VI73W VIN« *11 VII4II V MYANMA FIVE STAR UNE (I Loatfinfl for Ynvm (Raatoon) Spor. 14/17 F* 23/25 FA 3/ 5 M* 4/ 7 Mar r.Kii nm P.Gdf 21/2 M* THE BANK UNE mi iit« ov AiWfw vnr inipping; tmi botfTAtwcn fgnvtct HEAVY UFT CAPABILITY 1316 words
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Page 38 Advertisements
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Advertisement834 1992-02-12 38 1/// Hai Sun Hup Co (Ptc) Ltii STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO t HEAVY LIFTS IN BOUND VESSELS IUStI TRAM I sou m asu cura RAUA ANA TRAM NT N IK U M PT M Ri IPT I» 11/2 11/2 14/2 ■PT I 19/2 21 21/2 2S/2 22834 words
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Page 39 Advertisements
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Advertisement499 1992-02-12 39 NEDLLOYD GIVES YOU MEDITERRANEAN EXPRESS TO EUROPE fNORTH CONTINENT—UK—SCANDINAVIA) WEEKLY MNEW ZEALAND FIJI VESSQ N Rotterdam/2103S N Rouen/****** N Rochester/*****# N Rosano/2106S ST>aya 22/2 1/3 13/3 23/3 6/3 16/3 27/3 6/4 n<«) 22/3 31/3 12/4 22/4 Unpmilk(A) 8/3 18/3 29/3 8/4 Accepting P. Chalmers via Timaru Cargo To Be Feedered499 words
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Page 40 Advertisements
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Advertisement467 1992-02-12 40 TO AUSTRALIA/NEW ZEALAND TO USA/CANADA USA -Houston, Savomah. Norfolk, Mttnoro, Noor Tort FROM USA/CANAOA/EUROPE/MEDrHRRANEAN <. I I R\ I \(,l \l■ i; m BELSIN SHIPPING AGENCIES PTE. LTD m \i.i;ms, M ACOLINE SEMI-CONTAINER FEEDER SERVICE i Robuou i Robuoto 01M/92 02N/92 yQY 13/93 14/93 Accepting LCL To: BUS AN 17/2467 words
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Advertisement372 1992-02-12 40 A T.S.K. LINE (TOKYO SENPAKU KAISHA, LTD) s PORI A(.ENT TSKLINE AGENCIES (S) PTE IM) 70 SHENTON WAV #04-01 MARINA MOUSE S POKE 0207 TEL: TAX: 22f>1 t )72/l TLX: 2 1220 ISKSIS BWm TO HON6KON6, TAIWAH, UAMLh t jtfM "TWICE WEEKLT" MALACCA STRAITS StRWCE TSKLINE Direct Call to YOKOHAMA372 words
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Advertisement103 1992-02-12 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD FOR BOOKM6S ft ENQURES niASE CONTACT: ft THUMB (MEHTM SMPTMB COVGUTOT COi 0) m. in. TEL IL 42M7V457M4 Mil. MTOMTIMH. PUH PORT BM MTMt MOM MM* UMTM jWMttj SMGtfOK 1217 MM SIMMS I7MMI til zaaam a uo) rumt rumm/cmm POSEIDON CONT TPT103 words
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Advertisement736 1992-02-12 40 CHINA OCEAN SHIPPING COMPANY MALAWI'S MENTS: CHUNG CHIAO SUPPING SDN BHD Kl TE: 4425M1/S7 FAI *****92, ***** P. KLANC TE MMIM/I TU MA 3M03 KNANS -IE 12M41 HI MA ***** GUAN GUAM SHPPMG SDN BHD f JOANS IE JOS2M/7, ****** FU. 03 XSS764 TUL MA ***** POUK TE: 04-*****7/(***** FAt736 words
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Page 41 Advertisements
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Advertisement596 1992-02-12 41 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE *****33 24 LINES PORT KLANG PH: 03/*****66 (12 LINES) II PENANG: 04/*****7 (10 UNES) FARGO SHIPPING Call our TOLL FREE LINES at 566-4833 WE ARE OFFERING THE MOST UNBELIEVABLE RATES FOR OUR CONSOLIDATION SERVICES TO THE FOLLOWING596 words
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Advertisement621 1992-02-12 41 1 RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 UOM) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL KIEN HUNG LINE FULLY CONTAWERISED FORTNIGHTLY LMER SERVICE TO MAURITIUS AND SOUTH AFRICA ACCEPTING BOTH FCL/LCL CARGO M.SO tCCEPTK TO C4PFTORR, W tUBM P.621 words
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Advertisement112 1992-02-12 41 (Tu!r> Rc )llill C a )iu,lilki" I-iIK'S JAKARTA BANGKOK PENANQ/PT. KELANQ KUANT AN/SONQKHLA HO CHI MINH CITY KUCHINQ/PONTIANAK («ki; r ki;<.ion siiil'rico. pi i: ltd I I I. r.MHKJNS (IK LINKS) TOLL i KI:I; NO: r.'ur.'Ks (hookivos o\l.\ > -■ggnnfl, ni m^nsnjssßim TEL: *****07 TLX: ***** FAX: *****76 SOON KIAT112 words
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Advertisement319 1992-02-12 41 IMHIC VBL VOY SMOAPOPE MADRAS VESSEL VOY SM MM SM TWER STEED 190N Std 17-10/02 24 29/02 TWER SHMN DON 13-14/02 20-21/02 27-20/02 TWER BRDGE 101N 17-10/02 23-29/02 02-03/03 VBL VOY SMQAPORE/CALCUTTj VOY SM CM. SM EAGLE BREEZE 007 13-14/02 10-23/02 20-01/03 LHOTSE 417 20-21/02 20-20/02 00-00/03 TWER RIVER 149CM8319 words
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Page 42 Advertisements
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Advertisement740 1992-02-12 42 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 NPI ML LYT SM MUUKRA 255 13/2 MAHSURI 0514 19/2 PROSPECT 17S 4/3 24/2 VU m 2C/2 2/3 MM 4/3 IC/3 VU NPL 11/3 14/3740 words
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Advertisement627 1992-02-12 42 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO EQUATOR CRYSTAL 1/92S 01/02 12/02 17/02 21/02 29/02 04/03 07/03 11/03 15/03 EQUATOR STAR 7/92S 22/02 28/02 03/03 13/03 18/03 19/03627 words
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Page 43 Advertisements
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Advertisement733 1992-02-12 43 Everett Lutes Wm COMPANIA PERUANA TOEX DE VAPOREB "PERUVIAN STATE LINE" ACCEPTMG BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MAT ARAM, 10* I OTHER PERUVIAN PORTS* WITH T/S AT KOK ON CPV THROUGH BJLL Of LADING. "EVERETT ORIENT LINE" JAPAN/BAV Of BENGAL/JAPAN SERVICE ACCEPTMG BREAKBULK/SOC CARGOES TO/FROM KOBE, YOKOHAMA, NAGOVA, MOJI, TOKYO*, MANIA*,733 words
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Advertisement266 1992-02-12 43 CZ3L I MfcE3 N.AMERICA/CARRIBEAN SERVICES Accepttii caff* Mm* USA D»itnW— CarrtkMß. CMrtl ImHu W Cm! Cm**. CaMh. Nra. CMt Mm kcm*l( If IF I* Huliwi. Imim Mfi Jipm AUSTRALIA SERVICE ISRAEL/ADRIATIC SERVICES ja GOLD STAR LINE GOLD VARDA 68W 25/2 To. Abdpn. Lapis. Colonou Port Harcourt, Tern*. Lome GOLD ABIA266 words
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Advertisement395 1992-02-12 43 MULTI-MODE SHIPPING PTE LTD WEEKLY CONSOL SERVICE MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL DUBAI. DAMMAN SHARIAH DOHA MUSCAT BAHRAIN, ABU OHABI. BANDAR ABBAS. JCDOAH FAR EAST ACCCPTIMO FCL/LCL PENANG. P/KELANC. IAKARTA, BANGKOK. HONG KONG. TAIWAN JAPAN. MANIA. KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON. FELIXSTOWE. LEEDS. TILBURY, ABERDEEN LE HARVE. HAMBURG, ROTTEROAM. ANTWEP. GOTHENBURG.395 words
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Advertisement491 1992-02-12 43 LUCKY SEAWAY SERVICES PIE LTD TLX ***** FAX *****77 ASEAN/CHINA SERVICES ABEAfVAUSTRALiA/FAR EAST PORTS/ME UTBWANEAN/EUROPEAN PORTS. 11/11 15/02 29/02 12/0? 27/02 12/03 15/02 20/02 15/03 11/02 03/03 10/03 EAST AFRICA/RED SEA/MEDITERRANEAN KTN SGP T MEN 11/02 24/02 PK PNG KTN FOt AUKANDMA/AOEN/GENOA/ MAHSEK.IES HOOEDAH, SUC 2 Al GCRS ITALY POOTS491 words
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Advertisement301 1992-02-12 43 ('it r,f PTC CONTAINER LINES FCI LCI Sft'VI.CF UN Fll EAST 16/2 KEELUNG/KAOHSIUNG 16/2 BANGKOK 17/2 MANILA/CEBU 17/2 JAKARTA/BELAWAN/SURABAYA 16/2 PORT KELANG/PENANG/E. Malaysia 17/2 BUSAN 17/2 TOKYO/YOKO/KOBE/NGO/OSA 17/2 HONG KONG SIN CHINA 17/2 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUMK/UK 17/2 LDN/FLX/LVP/SOU 17/2 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting301 words
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Page 44 Advertisements
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Advertisement423 1992-02-12 44 FIL CONTAINER SERVICES PTE LTD MADRAS CALCUTTA HONGKONG c G ALSO ACCEPTING Rnfor carp *****' to Ban(k<* and FCI/LCL to tho Mowi* dtstoatom: NETHERLAND. GERMANY. U.K. FRANCE. PWLLPPWES, KOREA, SCAMWAWA. BELGIUM. SPAM. EUROPE, INLAND PORTS, TAIWAN, CHMA, JAPAN. KARACHI. BOMBAY, MDOLE EAST. AFRICA. USA. MEXICO. CANADA AND VARIOUS OTHERS... NON-CONF.423 words
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Advertisement360 1992-02-12 44 Eon term I :ONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION TOUR FIRST CHOICE TO:— CALCUTTA 19TH FEB 92 (KATHLEEN/ NICHOLAS/ MARILYN) P.Kelang: 03-*****32 Penang: 04-*****7/*****4 PGSL -WORLDWIDE W PjjjjjM -GLOBE STEAMERS UNES REGULAR FCL SERVICE TO THE FOLLOWING PORTS LCL- Buenos Aires Santos Sun Lung Line WEEKLY BAILING TO360 words
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Advertisement419 1992-02-12 44 This Week's Sailings Singapore Johore Jakarta Tel: 778 6522 07-*****8 Fax: 779 2738 07-*****3 Esther Yap Alfred Ng K 9 021-*****40 021-*****01 Troy Hsu INCHCAPE SHIPPING SERVICES (S) PTE LTD M *****11 FMI *****5S CR: **********0 C THE NATIONAL SHIPPING COMPANY OF SAUDI ARABIA CONTAOO/K-KO/BKEAKBUK SETHCfS VESSEL SAUDI MAKKAH VOY419 words
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Advertisement403 1992-02-12 44 A CENTRAL EXPRESS LINES MANILA GOUR PACIfC GOUR SINGAPORE ETA 56N8 20N8 15/2 22/2 jangkok 16/2 23/2 BUSAN 17/2 24/2 HONGKONG 15/2 22/2 DURBAN/PT LOUS 18/2 5/3 lEELUNG 17/2 24/2 USA 17/2 24/2 PT KELANG 14/2 18/2 KOBE 17/2 24/2 PIRAEUS 15/2 21/2 OSAKA 19/2 26/2 lAKARTA 14/2 18/2 DUBAI403 words
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Advertisement314 1992-02-12 45 yO c vC )c vQc vOc vQc VAN OMMEREN CETECO GROUP TRANSPORT DIVISION VOTAINER CONSOLIDATION SERVICES: THE ONLY CONSQUDATOR WITH WORLDWIDE NETWORK WeeklyFCUCLServicesTcvfrom mW ll'-i v V USA Ballmorr VoOlner Consolidation Services J Boston: Boston Consolldalon Services CNago: Vottfner Consolldallon Sarvtca*, Dalai: Vottner ComoHdaMon Service DeWt Vottner Consolidation Services LA:314 words
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Advertisement28 1992-02-12 45 Read :.W Chartpoint, a guide to -r £%■'vStefFa investing in few*-*.„**'■ '•>»-i the Stock fk-X., "-X'jib i Market. Every :f; V v > ;> i ;>3j? > Saturday in Business Times28 words
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Advertisement262 1992-02-12 45 STAGER FREIGHT SERVICES PTE LTD TEL 273-3838 FAX: 274-1100 P* 03-*****60 »PEtt 04-*****2 *JKT: 21-*****1 8BY: 31-*****0 SIN 16/2 23/2 BIN 12/2 19/2 LH/PAR 5/3 13/3 VCR 8/3 15/3 FFURT/MANNHEIM BTUTTQART 9/3 17/3 MTL/TOR 14/3 21/3 IRUN/MAORID VALENCIA 9/3 17/3 SIN 15/2 23/2 OTHER PORTS ON APPUCATION PORTO LISBON 10/3262 words
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Page 45 Miscellaneous
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Miscellaneous287 1992-02-12 45 TIDES AND WEATHER TODAY'S TIDES (heignt in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 ***************0 *****400 *****600 **********00 2000 2100 2200 2300 JR 1.4 18 23 26 2.7 26 2.3 1.9 1.5 1.2 10 09 1.0 1.1 14 1.7 19 19 18 16 1.4 1.2 1.1287 words
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Page 46 Advertisements
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Advertisement680 1992-02-12 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. FULLY CONTAINERISED TRANSPACIFIC SERVICE EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST VOT KAO IBH OAK SEA «t 21/02 09/03 12/03 13/03 32E 21/02 IC/03 10/03 20/03 471 06/03 23/03 2C/03 27/03 47E 13/03 30/03 02/04 03/04 49E 20/03680 words
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Advertisement469 1992-02-12 46 CHARTPOINT Every Saturday in Business Times FREIGHT MANAGEMENT GROUP MP v&. >:*&&:■ every Tuesday 2 times per week SINGAPORE phone *****11 fax *****59 PENANG phone *****8 fax *****8 EXPORT TO: JEDDAH/UK/CONTINENT ELK M/1M LTOWHEN EXPRESS 05/304 KAMAKURA 21/117 KFTANO 12/307 MEDITERRANEAN (MED CLUB)* OUT HZAL 25/354 OCfWtK TO>TO 22/357 HAM469 words
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