The Business Times, 21 February 1992

Microfilm: NL17798
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    16 1 BUSINESS TIMES THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Friday, February 21, 1992 75*
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  • NEWS SUMMARY
    • Article
      Britain's GDP posts sixth quarter of decline
      73 1 LONDON Britain's gross domestic product (GDP) excluding the maverick factor of North Sea crude oil output fell 0.4 per cent in the last quarter of 1991, the sixth quarterly decline running, provisional official figures released yesterday showed. This shows the economy is in
      73 words
    • Article
      Congress Party leading in Punjab
      64 1 CHANDIGARH, India India's ruling Congress Party appeared to be heading for a clear win in the state assembly of Punjab after elections largely shunned by the state's Sikh majority. Officials at election headquarters in Chandigarh, the state capital, said Congress won 23 of the first
      64 words
  • MARKETS SUMMARY
    • Article
      Dow higher
      31 1 WALL STREET stocks opened higher yesterday with the Dow Jones index of leading industrials climbing 10.51 points (0.33 per cent) to 3,240.83 in the first five minutes of trading.
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    • Article
      Footsie lower
      35 1 LONDON shares were mostly weaker at midday yesterday, undermined by losses in oil and pharmaceutical stocks. At 1200 GMT, the FTSE 100Share Index was down 1.0 point, or 0.04 per cent, at 2,535.7.
      35 words
    • Article, Illustration
      STOCK INDICES
      29 1 Ihmday Change BT-MGA 725.65 +1.42 Kuala Lumpur ....619.06 +0.34 Tokyo 20,771.92 +153.62 Hongkong 4,716.0 -9.7 Sydney 1,623.0 +0.7 Wednesday Change New York 3,230.32 +5.59 London 1,975.3 -8.4
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    • Article
      CURRENCIES
      19 1 Exchange rates USS SS 1.6435 100 Yen SS 1.2800 MS SS 0.6336 Overnight 3-1/8 +5/8 3-month 3-3/16% unch
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    • Article
      COMMODITIES
      35 1 London G«M AM fix US$353.05 -USSO. 15 S'pore Mar 130.75'/kg +1.50 M'sia Mar 207.50Vkg unch KL Tin Turnover 74 tonnes -7 Spot MSl4.23/kg -0.10 Cradn palm oil Turnover 738 lots +99 Apr.. MS880/tonne +3
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  • Article
    M'sia's D&C Bank cuts rate by 15 basis points
    664 1  -  Money market dealers say move may mean that rates have peaked From Leslie Lopez in KUALA LUMPUR MALAYSIAN interest rates could have peaked, money market dealers said yesterday after the country's Development and Commercial Bank (D&C) cut its base lending rate
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  • Article, Illustration
    No takers for Orchard Turn site
    402 1  -  Building costs and problems deter developers By Lilian Ang SINGAPORE The government's biggest land sale in recent years closed yesterday with no takers. By noon, none of the three potential buyers had turned up at the Urban Redevelopment Authority building to put in a
    402 words
  • Article
    Lock icon Hawke bows out of politics
    379 1 AFP SYDNEY Former Australian prime minister Bob Hawke retired from political life yesterday, ending weeks of speculation, by resigning his parliamentary seat. "I have today resigned as the member for Wills," he said in a letter to the Victorian state branch of the Australian Labor
    AFP  -  379 words
  • Article
    Lock icon M'sia to withdraw electricity rebates
    160 1 AFP KUALA LUMPUR Malaysia's soon-to-be-listed national electricity firm will withdraw rebates on charges enjoyed by industry, except the ailing mining sector, the local press reported yesterday. The Knergy, Telecommunication and Posts Minister, Samy Vellu, said the rebate withdrawal by Tenaga Nasional would be gradual. starting
    AFP  -  160 words
  • Article, Illustration
    Lock icon Jakarta exceeds its '91 tourism growth target
    578 1  -  From Maggie Ford in BALI A SURGE in tourist arrivals towards the end of last year enabled Indonesia to exceed its target of 15 per cent growth for Visit Indonesia Year, despite an early decline caused by the Gulf War. A total of
    Source: Ministry of Tourism  -  578 words
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      Page 1 Advertisements Column 1
      627 1 100* COTTON DOCKERS* PANTS BY LEVI'S LlVrt BOUTIOUCS: #08-10 CMnpon #01-04 Wiama Aim I*ol-16 Lucky Plaia *01-24 Forum Tha Shopping MM #0140 Shaw Lataura GaNary #01-41 Partway Parada #011* ChmakMrn Point #01-03 Tha Adatprx Lower earnings STEAMERS Maritime Holdings Ltd, weighed down by lower profits from shipping operations, reported lower
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      3 1 Focus, Pg 11
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      345 1 fss I aru TONY SHOES TRADING CO., #04 11 living Road, Irvine Industrial Building.Singaporc 1336. Tlx: *****17>NY50 Fax: *****21 Tel: *****57/*****77 Bali aims for a balanced development Pg 2 Glut in rooms hits top-notch hotels in Bali, Pg 2 Hotel makes an impression with its first two conventions, Pg 2
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  • PAGE 2 NEWS
    • Article, Illustration
      Lock icon Bali aims for a balanced development
      722 2  -  Focus on Bali's economic development Reports by Maggie Ford NESTLED among the handicraft centres, Hindu temples and small hotels on the drive west from the island's airport, the visitor to Bali may see a prawn farm, its ponds brimming with aquatic delicacies for the
      Source: Bali Economic Development Board  -  722 words
    • Article, Illustration
      Lock icon Glut in rooms hits top-notch hotels in Bali
      460 2 BALI Hoteliers in Bali were horrified last year when one of the smartest hotels in the new luxury Nusa Dua resort dropped its prices to a mere USS3B (5562.43) a night. It was yet another salvo in the "battle of the rooms"
      Source: Bali Bureau of Statistics  -  460 words
    • Article
      Nusa Indah Hotel impresses with its first two conventions
      489 2 BALI When the leaders of Indonesia, Singapore and Malaysia attended a major conference in Bali last year, it was with great trepidation that the staff of the hotel they stayed in viewed the visit. Sponsored by the USbased Asia Society and
      489 words
    • Article
      S African team to visit Singapore, Malaysia and Thailand
      410 3  -  From Dee Rissik in JOHANNESBURG THE South African Foreign Trade Organisation (Safto) will lead a delegation to Singapore, Thailand and Malaysia from May 9 to May 23. The delegation will include representatives of major companies and smaller businesses. Delegates will be
      410 words
    • Article
      Lock icon De Klerk to call referendum after by-election defeat
      350 3 AP CAPE TOWN South African President FW de Klerk said yesterday he would call a referendum soon to test white support for political reform after his party's crushing by-election defeat in Potchefstroom. "If I lost that referendum the National Party government will
      AP  -  350 words
    • Article
      Kazakh president postpones visit to S'pore
      619 3  -  Last-minute cancellation of Feb 21-24 trip From John Helmer in MOSCOW THE president of Kazakhstan, Nursultan Nazarbayev, has postponed a visit to Singapore that was to have begun this week. Mr Nazarbayev made the last-minute decision before he flew from the Kazakh capital of
      619 words
    • Article, Illustration
      No meaningful recovery seen for US economy
      548 3  -  By S N Vasuki SINGAPORE Though the American economy is expected to bottom out this year, it will not be accompanied by a meaningful recovery in economic activity. And a projected slowdown in Germany and Japan in 1992 will also add to America's
      548 words
    • Article
      Lock icon Sinar Mas plans listings as Jakarta bourse recovers
      436 3 Reuter HONGKONG Indonesia's Sinar Mas Group plans to take advantage of a Jakarta stock market gradually emerging from last year's disastrous drop with flotations of oil palm and property subsidiaries this year, group managing director Gus Nilo said yesterday. Speaking during a
      Reuter  -  436 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      211 2 A MERE 555,000 WILL ENABLE VIII TO BECOME AN OWNER OE A LUXURIOUS COLE RESORT APARTMENT DON'T MISS THIS SHOT OF A LIFETIME! r y SGRis your dream come true. This exclusive resort is V just 20 minutes away from Kuala Lumpur alongside IZj the near completed North-South Highway. SGR
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      226 3 •To invest or not to invest? Pg 12 Now a new airline takes to our sky Vietnam Airlines Flies non-stop to Ho Chi Minh City p Every Tuesday, Thursday, Friday and Saturday innhnin tutu niiiitii HHHHlHiliiniK CassMy Aviation Pte Ltd 1 22 M.ddfc Road. »08-03 M,dt,n k R«a Singapore 0718
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      80 3 r n The Indisputable Genius Of Gerald Genta i «S«Mb gerald genta S«n*jporr IMf H( K'R (.IASV luthv PW.i 714^4J0'1 ScortsTH •Centrepo.nt Te) 7 141 S«*B Peninsula Plj/d Tel M7B«W »M»SW.««Pj|j.sßrna.ss»niplH 71)1 lb2 V4l Rjftlev Tel iU U4l Changi Airport Terminal 1 itaM&WeM Wings' Tel S4 ««th9 0 lermmat .J
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        Singapore sets up consulate in Shanghai
        61 4 SINGAPORE'S commercial office in Shanghai has been upgraded to a consulate which will cover the municipality of Shanghai and the provinces of Zhejiang and Jiangsu in eastern China. Trade Development Board official Koh Kim Huat has been appointed Singapore's consul in Shanghai with effect
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      • Article
        CPI for January unchanged
        61 4 THE Consumer Price Index for January 1992 remained unchanged from the previous month. Lower food prices were offset by increases in non-food items such as housing, education and transport. More expensive private accommodation caused housing costs to rise 0.6 per cent, while higher school fees helped
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      • Article
        Trade missions to Vietnam
        43 4 THE Singapore Manufacturers Association, with the Trade Development Board, will organise two trade and investment missions to Vietnam in March. SMA president Robert Chua will lead a 27-member delegation on the first joint mission from March 8 to 14.
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      • Article
        Ngee Ann Poly raises intake
        31 4 NGEE ANN Polytechnic will increase its intake by 1,100 students with the completion of the third phase of its expansion programme. Total enrolment will reach 14,000.
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    • Article
      URA's revised plan leads to bigger Civic District
      373 4  -  By Sylvia Wong SINGAPORE'S Civic District has been enlarged by about 50 per cent under the Urban Redevelopment Authority's (URA) revised plan for the area. The Civic District the historic heart of the city stretching from Orchard Road to Marina South will
      373 words
    • Article
      Most architects pleased with changes
      143 4 ARCHITECTS and planners who viewed the Urban Redevelopment Authority's (URA) revised plan for the Civic District yesterday were generally pleased with what they saw. "Our planners are now more sensitive to low-scale, low-rise developments," commented Arthur Loh, director of DP Architects Pte Ltd. Kenneth Chen,
      143 words
    • Article
      Mah: Privatisation of PSA will depend on competitive edge
      295 4 THE Port of Singapore Authority will only be privatised if the resultant organisation wields a sharper competitive edge than the existing set-up, said Communications Minister Mah Bow Tan yesterday. Otherwise, the matter of privatisation does not arise, the minister said after
      295 words
    • Article, Illustration
      Commercial fraud becoming more rampant: investigator
      392 4  -  By Shoeb Kagda COMPANIES around the world will have to be more alert to being cheated not only of cash, but also of goods as commercial fraud increases in frequency and intensity, a leading UK investigator of fraud told BT. Opportunities for external fraud,
      392 words
    • Article
      Make internal auditing part of company policy, firms told
      234 4 LOCAL companies must make internal auditing an integral part of their management policy if they are to respond effectively to changes in business operations. This message emerged at the Conference of Internal Auditing in the *****, which opened at the Oriental
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    • Article
      Changi Airport sees rise in volume of passengers, cargo and planes
      370 4  -  By Rahita Elias CHANGI Airport continued to be a hive of activity last year, experiencing an increase in the volume of passengers. cargo and airplanes using its two terminals. Leading the way was commercial aircraft movements, which for the
      370 words
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      1476 4 HAI SUN HUP GROUP LTD (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of the Shareholders of the Company will be held at 200 Cantonment Road #09-01, Southpoint, Singapore 0206 on 14 March 1992 at 10.30 a.m. for
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  • COMPANY NEWS 1
    • Article, Illustration
      SPH group opens sales office in Hongkong
      370 5 HONGKONG Singapore Press Holdings (SPH) has set up a sales and marketing office in Hongkong to exploit the vast potential for its advertising and newspaper business in the colony and, eventually, in China. Chief Operating Officer Denis Tay yesterday said: "We set up
      370 words
    • Article
      Guthrie ups stake in L&M to 35.6 pc
      224 5 SINGAPORE Guthrie GTS has increased its stake in its takeover target, L&M Group Investments Ltd, to 35.6 per cent by buying an additional 584,000 shares over the past two days. Schroder International Merchant Bankers Ltd (Simbl), acting for Guthrie GTS, said 24,000
      224 words
    • Article
      Hal Sun Hup bond issue may lead to $26m write-off
      390 5  -  By Rahita Elias SINGAPORE The Hai Sun Hup group's proposed US$39 million (5564.09 million) bond-cum-warrant issue could lead to a write-off of more than Ss26 million over the next five years. A Hai Sun Hup circular to its shareholders issued
      390 words
    • Article
      Central Properties' earnings down 12pc
      127 5 SINGAPORE The Central Properties group yesterday announced lower net earnings of $6.9 million for the year to Dec 31, 1991 down nearly 12 per cent on the previous year's figure. Turnover was only $3.6 million, 86.8 per cent less than in 1990. But share of
      127 words
    • Article
      Earnings of Steamers down by 13.5 pc
      396 5  -  By Dexter Lee SINGAPORE Steamers Maritime Holdings Ltd has posted lower net earnings of $8.23 million for the year to Dec 31, 1991, down 13.5 per cent from $9.51 million a year earlier. Its results are below the group's forecast and market expectations.
      396 words
    • COMPANY BRIEFS
      • Article
        Gold Coin to be suspended on Monday
        57 5 SINGAPORE The Stock Exchange of Singapore yesterday announced that trading in Gold Coin Limited's (GCL) shares will be suspended from Monday till GCL, which is now a cash company, has a business which satisfies the exchange's requirements for original listing, and all relevant
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      • Article
        Summa Investments buys firm
        33 5 SINGAPORE Summa Investments yesterday said that it has acquired the entire issued and paid-up capital of Summavina Investments. Summavina, an investment holding company, has a paid-up capital of $2.
        33 words
      • Article
        Perlis divests Citic interest
        81 5 SINGAPORE Perlis Plantations Bhd's subsidiary Malayan Sugar Manufacturing, through its wholly-owned Hongkong subsidiary, Masuma Trading Co Ltd, has converted HK$27 million (SSS.7 million) worth of bonds in Citic Pacific into 17.4 million 10-cent shares of the same company. It then sold the Citic shares on the
        81 words
      • Article
        Renong replies to KLSE
        68 5 SINGAPORE Renong Berhad yesterday told the Kuala Lumpur Stock Exchange that none of its companies was involved in a Bank Negara transaction which was first reported in Business Times but later carried in The Star on Feb 13. BT had reported the sale of Bank Negara's
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    • COMPANY BRIEFS
      • Article
        World's first single-chip CPU for supercomputer
        64 6 TOKYO Fujitsu Ltd, Japan's largest computer maker, announced on Wednesday it has developed what it says is the world's first single-chip central processing unit capable of driving a supercomputer. The device packs 1.5 million transistors onto a 64-bit numerical processor and can achieve a
        64 words
      • Article
        N Korea seeks oil from S Korea
        64 6 SEOUL The Lucky Goldstar group, a major South Korean conglomerate, said on Wednesday it has received a request from North Korea to supply US$2OO million (*****.8 million) worth of crude oil a year. The request adds credence to frequent reports that the economically
        64 words
      • Article
        Unocal raises Thai gas output
        84 6 BANGKOK Unocal Corp said it has started gas production at its new Funan offshore field, raising its natural gas output in the Gulf of Thailand to a minimum 700 million cubic feet per day (mmcfd). Graydon Laughbaum, president of Unocal Thailand Ltd, said Unocal has
        84 words
      • Article
        Apple in Tokyo marketing tie-ups
        68 6 TOKYO Apple Computer Japan Inc said yesterday it formed marketing tie-ups with Brother Industries Ltd and Kokuyo Co Ltd as part of its strategy to gain a stronger foothold in the Japanese market. The two Japanese companies are both experienced in the office equipment business,
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      • Article
        Daikin to go green by end 1995
        66 6 TOKYO Daikin Industries Ltd will stop producing certain chlorofluorocarbons (CFCs) harmful to the ozone layer, by end-1995, a Daikin spokesman said. Daikin's move is in response to President George Bush's announcement on Feb 11 that the US would stop making compounds that harm
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    • Article
      Lock icon M'sia imposes new criteria for fresh listings
      560 6 Bernama KUALA LUMPUR The Capital Issues Committee, in a move to tighten requirements for new listings, has imposed several criteria which will govern listings on the main and second boards of the Kuala Lumpur Stock Exchange. In a Feb 11 circular, CIC secretary
      Bernama  -  560 words
    • Article
      Lock icon Tighter rules will ensure only quality firms are listed: deputy minister
      355 6 Reuter KUALA LUMPUR Malaysia has tightened requirements for new listings because it does not want to compromise on the quality of its publicly listed companies, deputy Finance Minister Ghani Othman said yesterday. "The tighter guidelines will ensure that only
      Reuter  -  355 words
    • Article
      CSA unit to seek KLSE listing
      203 6 KUALA LUMPUR Computer Systems Advisers (Malaysia) (CSAM), a wholly-owned subsidiary of Singapore-based CSA Holdings, plans to seek a listing on the Kuala Lumpur Stock Exchange. CSAM general manager T E Chuah said the listing will enhance the public image of the company. "We hope
      203 words
    • Article
      Lock icon Thai Airways to offer 95m shares initially
      227 6 Reuter BANGKOK Thai Airways International Ltd, owned about 99 per cent by the Thai government, said it will make an initial public offering of 95 million shares at 60 baht (SS3J6) each from March 16 to 27. Fifteen million shares will be set
      Reuter  -  227 words
    • Article
      Hotel Props seeks nod for sale
      424 6  -  Firm's directors and their relatives want to buy 7 condo units By Lee Han Shih SINGAPORE Hotel Properties Ltd (HPL) is seeking permission from shareholders to allow seven people Freddy Lee Thiam Yew, David Ban Song Long and five of the Fu family to
      424 words
    • Article
      Lock icon S Korea mounts tax probe on Hyundai units
      210 6 AP SEOUL The government has launched a tax probe into all subsidiaries of the giant Hyundai business group after finding that one Hyundai subsidiary disguised ownership of its shares to evade taxes, news reports said on Thursday. The probe would mark an
      AP  -  210 words
    • Article, Illustration
      Lock icon Top IBM executive quits to head aircraft firm
      598 7 Armstrong's move comes as surprise to many analysts Reuter NEW YORK International Business Machines Corp's top international executive, who had been seen as the strongest contender to succeed chairman John Akers, said on Wednesday that he is leaving to head Hughes Aircraft
      Reuter  -  598 words
    • Article
      Lock icon Hewlett-Packard's quarterly profits surge 49pc, shares rally
      480 7 Reuter SAN FRANCISCO Hew-lett-Packard Co stunned Wall Street on Wednesday with a 49 per cent rise in quarterly profits that sent shares in the computer and semiconductor giant spiralling upwards. Hewlett-Packard reported net income of US$3O6 million (***** million), or US$l.2l a share,
      Reuter  -  480 words
    • Article
      Lock icon US cable TV operator to sell movie theatres
      294 7 Reuter ENGLEWOOD, Colorado Tele-Communications Inc, the largest cable television operator in the United States, on Wednesday said it was selling its chain of movie theatres in a move that analysts said was a stronger shift into advanced communications services. Tele-Communications, based here,
      Reuter  -  294 words
    • Article
      Lock icon Auditors may be asked to probe firms' viability
      344 7 Reuter LONDON Britain's Auditing Practices Board, worried about several recent scandals over company collapses, is to recommend greater responsibility for auditors to check that the companies whose accounts they examine are going concerns. Board deputy chairman Michael Boyd said in an interview
      Reuter  -  344 words
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      414 5 w -^igpgi^gMga j^P% w* yip" J? f^^. 'fIHH HH^^ila m MWBMBiiWpE|fW «M A Ferrari Has Just Improved Your Game Of Golf. "1^ Mizuno's ZP-1 irons are a study in detail. m M fliP ~~f Designed in conjunction with M m Pininfarina, the mastermind of such M m I^TH supercars as
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      138 6 c y agL «K' **M, > I" 'T- •^j3^S<^BM|fc^ >MM (j^ggj^^B JIHHPMHBHHHIH AN IRRESISTIBLE CHINESE DINNER THIS FESTIVE SEASON Give our delectable Chinese Dinner the slip this Lunar New Year and you'll be making a gastronomic mistake. After all, it's a splendid dinner with unique selections Raw Fish Salad of
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      Page 6 Advertisements Column 2
      87 6 FOR SUCCESSFUL MANAGEMENT OF YOURBUHNESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
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  • Page 7 Advertisements
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      138 7 Marbella 1 hour, Sevilla 2,1/2 hours, Granada 4 hours. NearGaucin, 123acre(50Ha) Country Estate in mountains North of Gibraltar and Sotogrande comprising Cortijo 8000 sq. feet in final of construction, 2 recep, covered terraces, 5 bed/en suite bathrooms, billiard room, Kit, dry/ cold/ wine storage rooms, staff quarters, set in formal
      138 words
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      Page 7 Advertisements Column 2
      155 7 Twenty-three storey office pByB 9 9,000 sq.ft. column-free building clad in blue and 'SSI J space per floor with glass W xlmsisgst I B r| RefleCtd ceibng feature pyramid and pool H "GSSSSmtA ®®bbhbb I sh[ M ■OHSL tg Two minutes walk to City IESS VAVairconditioning system, Hall MRT Interchange
      155 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Investment guarantee firm for Muslims
        111 8 CAIRO The Islamic Development Bank (IDB) has decided to set up a firm to guarantee investments and export credits to boost trade among Muslim states, Egyptian Finance Minister Mohammed al-Razaz said on Wednesday. The decision on the new firm, comprising all 44 IDB members, was
        111 words
      • Article
        Dubai bank reports lower profits
        74 8 ABU DHABI A decline in interest rates pushed down net profits of the National Bank of Dubai (NBD) by 11.5 per cent in 1991, the first drop in seven years. A bank statement yesterday said net profits stood at 412.8 million dirhams in 1991 compared
        74 words
      • Article
        Kawasaki to issue 200b yen bonds
        82 8 TOKYO Kawasaki Steel Corp plans to issue 200 billion yen in straight bonds in Japan in the next two years. A company spokesman said the steelmaker yesterday applied for a shelf registration with the Ministry of Finance (MoF) to issue the bonds. Such applications
        82 words
      • Article
        Paris introduces trusts' law
        91 8 PARIS France on Wednesday announced a major change in corporate law by introducing a trust status enabling the owners of assets to place them under the shelter of independent trustees for named beneficiaries. Announcing the planned change at the end of a Cabinet meeting, government spokesman
        91 words
      • Article
        Transfer of junk bonds
        68 8 LOS ANGELES Los Angeles Superior Court Judge Kurt Lewin signed an order allowing the transfer of the junk bond portfolio of Executive Life Insurance Co to Credit Lyonnais unit Altus Finance, the court clerk said. The clerk said the judge altered some terms of the transfer
        68 words
    • Article
      Simex issues new ruling on margin trading
      446 8  -  By Carolyn Lim SINGAPORE The Singapore International Monetary Exchange (Simex) has informed its members through a circular that their customers can only trade on the exchange if they maintain sufficient deposits in their margin accounts. Simex president Ang Swee Tian told BT yesterday:
      446 words
    • Article
      Lock icon Hang Seng results in line with forecasts
      174 8 Reuter HONGKONG Hang Seng Bank Ltd's announcement of a 28 per cent rise in 1991 earnings to HKS2.BI billion (***** nillioa) is right in line with market forecasts, analysts said. "It's a good result and it's been an excellent year for banks," said
      Reuter  -  174 words
    • Article
      Lock icon Citibank advises cautious approach to NZ bonds
      349 8 Reuter AUCKLAND Citibank NA cxpccts the New Zealand bond market to underpcrform world markets over the next 12 months and has advised all holders to adopt a cautious stancc. The bank said it was worried by the prospect that the Conservative government of
      Reuter  -  349 words
    • Article
      Lock icon Merrill Lynch urges 5pc shift from stocks to bonds
      259 8 Reuter NEW YORK Merrill Lynch Co, the largest US stock brokerage, said on Wednesday it had recommended that its clients shift more of their investments to bonds from stocks. On Tuesday, Merrill's chief investment strategist, Charles Clough, recommended a 5 per
      Reuter  -  259 words
    • Article
      Banks showing more interest in non-forex products
      349 8  -  By Chew Eng Han SINGAPORE As foreignexchange trading profits dwindle, banks are showing more interest in other financial instruments, such as trading of international government bonds, mortgagebacked securities, swaps and even energies, David Thomas, the Singapore country manager of financial information vendor Knight-Rid-der
      349 words
    • Article, Illustration
      Lock icon Depositors in HK branch call for public inquiry
      210 8 The BCCI collapse AFP HONGKONG Angry depositors of the local subsidiary of the Bank of Credit and Commerce International (BCCI) scuffled with police outside the governor's residence here yesterday. A member of the depositors' committee, Wong Ho Chun, collapsed and was taken
      AFP  -  210 words
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      Page 8 Advertisements Column 1
      452 8 Sii Steamers Maritime Holdings Limited (Incorporated in ihe Republic of Singapore) Tha Directors advise the following audited mutts of tha Group and the Company for the year ended 31 December 1091: COMPANY GROUP 1991 1900 1991 1990 $'009 $'000 $'000 $'000 i OotMtina omflt investment inooma 4,499 7,754 5,115 6.762
      452 words
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      Page 8 Advertisements Column 2
      104 8 cosTUk /Jm mas^m H mfl Br -^^1 OUR SET LUNCHES MEAN BUSINESS yjjfc' Wc have a series of set lunch proposals to offer at Moon Pavilion Chinese Restaurant that would whet jd the appetite of any discerning executive. Enjoy an exquisite lunch of Szechuan and Herbal specialities a a in
      104 words
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  • THE REGION
    • Article, Illustration
      Call to make Sydney a regional financial centre
      528 9  -  Australian govt urged to set up incentives similar to Singapore's From Florence Chong in SYDNEY THE AUSTRALIAN government is expected to consider a proposal by a powerful lobby group to set up incentives to establish Sydney as a financial centre in this
      528 words
    • Article
      Lock icon Australia fares badly against other OECD economies
      269 9 AFP Australia's recent economic performance has slipped in comparison to other major economies, the Confederation of Australian Industry (CAI) said yesterday. In its three-monthly report on international economic comparisons, the CAI ranked Australia seventh after being equal sixth against nine other members of
      AFP  -  269 words
    • Article
      Lock icon Russian experts reviewing bids to develop Viet oil field
      255 9 AFP HANOI Four Russian petroleum experts have arrived in Hanoi to help select a foreign company to develop the newly-discovered Dai Hung (Big Bear) oil field, a Russian diplomatic source said yesterday. The experts from the state-owned Overseas Oil Development Organisation
      AFP  -  255 words
    • Article
      Lock icon Bank loan scandal threatens Sri Lankan economy
      291 9 AFP COLOMBO A huge loan scandal in Sri Lanka's two biggest state-owned banks is threatening the country's economy and foreign trade, a senior minister announced here yesterday. The state-run Bank of Ceylon and the People's Bank have fudged their accounts over the years
      AFP  -  291 words
    • Article
      New flurry of demand for HK office space
      473 9 HONGKONG Demand for Grade A office space surged over the past month, with several big deals either signed or near completion, the South China Morning Post reported on Wednesday. The Hongkong-based daily newspaper said that at least three multinational companies were close
      473 words
    • NOTE BOOK
      • Article
        Philippine inflation forecast to fall
        100 9 MANILA The Philippines' inflation rate is expected to fall to between 7 and 9 per cent by end-March, with interest rates easing to between 12 and 15 per cent. Finance Secretary Jesus Estanislao said on Wednesday. He told the American Chamber of Commerce here that
        100 words
      • Article
        KL to pay initial cost of troops
        98 9 KUALA LUMPUR Malaysia is likely to bear the initial cost of sending peace-keeping troops to Phnom Penh under the United Nations Transitional Authority in Cambodia (Untac), a Defence official said yesterday. General Hashim Ali, outgoing chief of Malaysian armed forces, said this was
        98 words
      • Article
        Scrap sex tours, agents urged
        53 9 BANGKOK Mechai Viravaidya, Minister in the Prime Minister's office, has urged travel agents to exclude sex and related activities from the packages they offer to prospective foreign visitors. A local newspaper reported yesterday that the government was trying to find solutions to Aids, prostitution and
        53 words
      • Article
        September date for summit
        60 9 JAKARTA Indonesia is likely to host the 10th summit of the Non-Aligned Movement from Sep 2 to 4, diplomatic sources said here yesterday. The summit would be preceeded by a meeting of senior officials from Aug 27 to 28 and of foreign ministers from Aug 29
        60 words
      • Article
        Malaysia-Vietnam medical pact
        67 9 HANOI Malaysian Health Minister Lee Kim Sai left Hanoi yesterday after talks that ranged from Aids prevention to traditional medicine, officials said. Mr Lee on Wednesday signed a medical cooperation agreement with Vietnamese Health Minister Pham Song, the official Vietnam News Agency reported. The agreement calls for
        67 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      369 9 A Zodiac J Automatic Chronograph with calendar. (Dome mineral glass, anti-reflection treatment) Adventurers who love the challenge of the sea, know they can rely on the sturdy resilience of a Zodiac. Screw-locked into a block of solid steel (to match their nerves), it is a watch that will steadfastly withstand
      369 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Ease trade curbs, Tokyo urges Taipei
        78 10 TAIPEI A Japanese official yesterday asked Taiwan to make it easier for Japanese to increase their investments in the island. "Taipei should improve its treatment for our businessmen here and reduce various trade curbs against us if it wants Japanese investments and technologies," said
        78 words
      • Article
        Akihito to visit China: report
        71 10 TOKYO Emperor Akihito will make a historic visit to China in autumn on the occasion of the 20th anniversary of the normalisation of ties between Tokyo and Beijing. The imperial visit, the first ever to China, will be announced when Chinese Communist Party General Secretary
        71 words
      • Article
        EC plans new drug rules
        93 10 BRUSSELS The EC Commission, seeking to ease strict national controls over pharmaceutical pricing, is proposing rules to encourage the use of cheaper generic drugs and to limit the advertising and promotion of brand-name medicines. Draft rules issued by the commission, which are expected to face
        93 words
      • Article
        Bonn's trade surplus plunges
        88 10 FRANKFURT Germany recorded a surplus of 319 million Deutschemarks (*****.68 million) in its balance of payments last year, compared with a surplus of 11 billion marks in 1990, the Bundesbank said here Thursday. The Bundesbank said the plunge in the annual surplus was due to a
        88 words
      • Article
        Chinese coal mine accidents
        77 10 BEIJING Accidents due to safety failures are taking a heavy toll in coal mines throughout China, with more than 10,000 people killed or injured in mine mishaps in 1990 alone, an official newspaper reported yesterday. The Workers daily said coal mine accidents account for more than
        77 words
      • Article
        US to deport illegal aliens
        74 10 WASHINGTON Aliens who arrive at US airports with phony travel documents or no passport at all could be sent home immediately under a legislative proposal being studied by the Justice Department, administration officials say. A bill drafted by the Immigration and Naturalisation Service would allow
        74 words
    • Article, Illustration
      Lock icon Fed chief sees faster US growth, slower inflation
      445 10 Comments seen as signal that rates won't be cut Reuter WASHINGTON American Federal Reserve chairman Alan Greenspan has forecast faster US economic growth and slower inflation in a bid to both defuse pressure for big tax cuts and spur a drop in
      Reuter  -  445 words
    • Article
      Lock icon N American trade talks may be extended amid new mood
      339 10 Reuter DALLAS Free trade talks between the US, Canada and Mexico may be extended by several days to take advantage of "a fresh spirit of agreement", sources close to the negotiations said on Wednesday. The talks, aimed at removing trade
      Reuter  -  339 words
    • Article
      Lock icon W German firms plan to double investment in east
      419 10 IHT FRANKFURT West German companies plan this year to invest twice as much as they did last year in eastern Germany and the Bundesbank has called such investment "a motor of integration" for the reviving eastern economy. But many east Germans
      IHT  -  419 words
    • Article
      US Senate passes new energy Bill
      407 10 WASHINGTON After it jettisoned a plan to drill for oil in the Arctic wildlife region, the US Senate overwhelmingly passed an energy Bill on Wednesday intended to encourage the development of alternative-fuel vehicles and ease federal regulations on nuclear generators and other forms of
      407 words
    • Article
      Lock icon Unctad may urge cuts in arms spending
      345 10 Reuter CARTAGENA, Colombia A United Nations conference on development is considering calling for worldwide cuts in military spending and more action to reduce the debt of the poorest, mostindebted nations. A working document before the eighth UN Conference on Trade and Development (Unctad)
      Reuter  -  345 words
    • Article, Illustration
      Lock icon Mixed signals from latest data on British economy
      331 10 Reuter LONDON The British economy sent mixed signals on Wednesday as Prime Minister John Major prepared for an election which could be just seven weeks away. While a 0.4 per cent rise in January retail sales suggested wary consumers may at last
      Reuter  -  331 words
    • Article
      Growing isolationism in US may affect foreign aid policies
      459 10 WASHINGTON America's growing isolationism could influence yS economic assistance by channeling more aid to developing countries which pursue economic policies that promote business with the US and towards projects that can boost US exports. According to the US Information Agency, these
      459 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      376 10 Jiyj BANK OF COMMUNICATIONS $.0.4* It (The Bank of Communications Co., Lid iaotxpatatad in Taipai, Taiwan, R.O.Q BOARD OF DIRECTORS Ckalrau Kao-Sha liaat Managing Directors :C. Y. Lee, C. M Wang, Chca S. Yn, Chea-Faag Ma, Dr. Slm-Jmi La*. Otto C. C. Lis Directors Yiing-Saa Lee, Urn, Chiea-Hshwf, Kal Ma,
      376 words
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  • FOCUS
    • Article, Illustration
      Hawke changes perch
      1022 11  -  Australia's most successful Labor leader, Bob Hawke, has resigned from politics. Florence Chong from Sydney reports on his rise and fall in the political arena and on his plans for the future. Florence Chong Bob hawke, Australia's most successful Labor leader until he was toppled by his
      1,022 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      132 11 OSmSkkIE Suite packages That combine the ultimate in spacious comfort and convenience. Just 3 minutes from the Novena MRT Station and 5 minutes from Orchard Road, Hotel Royal is the ideal retreat for a relaxing stay. Comprising both executive and deluxe suites, our rates include a complimentary American buffet breakfast,
      132 words
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      Page 11 Advertisements Column 2
      17 11 Read i f.cfl Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
      17 words
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      Page 11 Advertisements Column 3
      101 11 ■MEARLVILLEBHHHHhJI The largest regional shopping centre in Far North Queensland. Cairns, Australia. FOR SALE BY TENDEiT Lorgejt mat dominant Shopping Cantn in Cairro VJWrrt 6 lutomtfrw from Giirm GO Major Tenonh David Jorm, Wool*«<ihj, Franldirw, W Big W, V«ntur* Fo %Wf\, Errol Stamrti <jmmm 81 »p«ciality *hop» maiy national traders
      101 words
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  • Article
    Not case of crying wolf
    498 12 EDITORIAL ITS EASY to dismiss the grouses that greet the news of the impending foreign worker levy and quota changes as being plainly predictable. But lend a ear, and a picture wider than the common complaints about costs emerges. No one not shipyards or construction
    498 words
  • WHAT THE OTHERS SAY
    • Article
      Separate accounts, please
      275 12 PREDICTABLY, Israel's assassination of Abbas Musawi, leader of the Hizbollah, has provoked a violent response. Equally predictably, Israel was unapologetic. Defence Minister Moshe Arens denounced the Hizbollah as a "murderous, terrorist organisation" responsible lor large-scale attacks against Israeli forces since 1983, and said Sheikh Musawi, its head
      275 words
    • Article
      Bleak prospects
      111 12 ISRAEL'S killing of the head of Hizbollah, Abbas Musawi, is raising serious concern in the Middle East. It could lead to a deeper spiral of violence in south Lebanon that could spread elsewhere. It seems that no outside party be it the United States or other powers could
      111 words
    • Article
      Miyazawa in trouble
      112 12 WHEN Mr Kiichi Miyazawa took over as Prime Minister last November, people thought Japan might perhaps enjoy a longer term of stable government from then on. Instead, while facing international political and economic pressures, especially from the United States, it also faces many domestic political scandals, plunging
      112 words
  • REGIONAL VIEWPOINTS
    • Article
      Nurturing cooperatives
      176 12 IN view of the substantial work which he had done to help develop cooperatives in this country, nobody will dispute the appropriateness of the recognition extended by the International Cooperatives Alliance to President Soeharto yesterday. As is well known, cooperatives as a means to improve the lot of
      176 words
    • Article
      Involve the UNHCR
      190 12 ON the face of it, the special centre in Ratchaburi's Pak Tho District where Burmese students are to be detained seems a compromise between allowing Burmese students freedom to engage in political activity and sending them home as the Burmese authorities have requested. But the location of
      190 words
    • Article
      Some relevant guidelines
      131 12 WHATEVER it may be, we tend to suspect that it is not altruism or anything that contributes chiefly to our well-being and betterment of our society. This is rather un-Buddhist-like pessimism. But deja vu keeps coming to mind. Those same old faces making familiar promises to people
      131 words
  • Article, Illustration
    To invest or not to invest?
    1273 12  -  With economic sanctions against it being slowly withdrawn, South Africa is becoming more and more attractive to potential investors. But as Dee Rissik discovers from Johannesburg, there is still that big question mark hanging in the air Dee Rissik The writer is a Johannesburg-based
    1,273 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      35 12 DOONESBURY BY GARRY TRUDEAU 1 THZ FACT IS. WH£N ...FORBJGN NCM/S' J< GCMyON.KBPONTUKSmS TH&R. NtWSfWERS J pm&uca first' thing thafs evert morning, Vl &WVOUA B&N6PWOUT MOSTOF'BMGO A rjghttdthe -z. A THAT NE6A- X r bm
      35 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon HK's high-tech drive: too little too late?
      750 13  -  Kathy Chen examines Hongkong's efforts to encourage its industries to go high-tech Kathy Chen Reuter FOUR women bend over sewing machines while three others attach labels to jackets and blouses and pack them in plastic in a one-room clothing factory in Hongkong. Ho
      Reuter  -  750 words
    • Article, Illustration
      The fight for special privileges
      959 13  -  The two port cities of Vladivostok and Nakhodka are jockeying for Moscow's political favour, reports John Helmer from the Russian capital John Helmer The writer is a Moscow-based journalist who contributes to BT THE TWO main port cities of the Russian Far East, Vladivostok and
      959 words
    • Article, Illustration
      Lock icon Who's the boss?
      854 13  -  There's just one snag to plans for a New European Order, writes Nicholas Doughty Nicholas Doughty Reuter IT ALL sounds very neat and tidy. The West is trying to build a new order for Europe that will ensure peace and stability for the post-Cold War world. But
      Reuter  -  854 words
  • Page 13 Advertisements
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      801 14 ■h NothingßeatsAßud. Btlft'fl where to wine, dine or ■BKLf ORGANISE YOUR OWN KARAOKE! It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist round of drinks
      801 words
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      Page 14 Advertisements Column 2
      278 14 Local Tea Time delights at Chatterbox every Friday, Saturday and Sunday. 3 pm to 5.30 pm. $14,504- per person $8.50+ per child (below 10 yra) NAezanr* Sumptuous Continental Afternoon Tea spread at Mezzanine Lounge. Daily. 3 pm to 6 pm. $16.00+ per person $10.00+ per child (below 10 yrm) 133
      278 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      694 14 TELEVISION AND RADIO T7" 11 a 12-40 **CIOM. 7.26 AZMMaghrib. 9" TlllTlTlPl "saca 800 N«W^ C^*~C Sl|#W BUSWe^<P l\lllvl LI ULr V J3O AMCNN (L). V ."V ♦"> r.* |J0 Layar Mutiara. BBC, 88.9 mHz in VHF Band II i*s SSnw„m P anrf 5.40 PM We Art A Family (C).
      694 words
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  • LIFESTYLE
    • Article, Illustration
      Rewriting Shakespeare
      509 15  -  Cheryl Liew previews a spoof of the Bard's works by the Reduced Shakespeare Company Cheryl Liew BILL Shakespeare, turn in your grave. Your works have just been rewritten. The Reduced Shakespeare Company (or RSC, as its highbrow namesake would prefer them not to be called) prides itself on
      509 words
    • Article, Illustration
      Lock icon A second wind for Bugsy
      983 15  -  Bernard Weinraub reports on the surprises in this year's Oscar nominations Bernard Weinraub NYT BY 6 O'CLOCK on Wednesday morning, the studio and public relations executives were standing on darkened, silent Wilshire Boulevard, shouting into cellular phones the only news that mattered in Hollywood on
      NYT  -  983 words
    • Article, Illustration
      Rushdie to marry again, after secret courtship
      481 15 CHATTERBOX SALMAN RUSHDIE, who recently marked his third anniversary under a death sentence proclaimed by Ayatollah Ruholiah Khomeini, is to be married after a secret courtship, Reuters reported from London. The prospective bride's name was not disclosed. Scotland Yard warned editors on Tuesday
      481 words
    • Article
      Lock icon Furore in UK over Benetton's advertisements
      350 15 Reuter ITALIAN fashion group Benetton said on Wednesday it planned to go ahead with a controversial British advertising campaign which uses pictures of an emaciated Aids victim at the point of death. In seven new pictures, the company also unveiled images of a Mafia
      Reuter  -  350 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      224 15 AND ENTERTAIN \3kjs A/** Monday Western Delights Tuesday Chinese Savouries Wednesday Malay Temptations .< Thursday Indian Favourites Friday Italian Raptures Lunch in a Flash Different types of carvery and salad buffet lunch every day. 12 noon to 2.30 pm. $19.50++ per person. A ANA HOTEL SINGAPORE 16 N»*s*n Ml*, 1025
      224 words
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      Page 15 Advertisements Column 2
      131 15 9-COURSE DELICACIES 6 9 BONUS ITEMS Enjoy the following bonus soecte* ilemsnow! '5W Menu 7 B 1. ASSORTED COLO CUTS gj 1. 1 Euroca 3Smm MFII camera 12. SHARK'S RNW/CRAB MEAT 8 2 a 3 Video recording service for dmner E 4 RED FISH W/SOYA BEAN 2 ooiy g CRUMB
      131 words
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  • SPORTS
    • SIDE LINES
      • Article
        Mac's temper does him in again
        128 16 STUTTGART American John McEnroe lost his temper and his match on Wednesday against eighth-seeded Karel Novacek of Czechoslovakia in the first-round of the US$ 1.04 million Eurocard Classics tournament. The unseeded McEnroe had a match point against Novacek at 6-5 in the second set
        128 words
      • Article
        No use of force
        95 16 INDIANAPOLIS The head of the nation's largest black cftiuich denied on Wednesday that members of the National Baptist Convention USA Inc tried to coerce a beauty queen into withdrawing her rape complaint against Mike Tyson. The Reverend T J Jemison, president of the group, acknowledged He
        95 words
      • Article
        MuM's the word
        83 16 tyONDON Attending the final of this year's British army rugby challenge cup may be a little difficult even for the most dedicated fan. One of the teams is believed to be from the secretive elite Special Air Service (SAS) Regiment, better known for its covert activities during
        83 words
      • Article
        Border cautions
        66 16 SYDNEY Australian cricket captain Allan Border yesterday warned against over-confidence, saying his team faced a tough assignment in its opening two matches of the World Cup tournament. Defending champion Australia plays co-host New Zealand in Auckland in the tournament opener tomorrow, then feces South Africa in Sydney on
        66 words
    • Article, Illustration
      Lock icon New Zealand keeps lead
      326 16 America's Cup AFP SAN DIEGO Japanese yacht Nippon saw two crew members overboard and blew a sail on Wednesday, but still beat Challenge Australia in the second round of the America's Cup challenger series. New Zealand maintained first place with 22 points, downing Italian yacht II
      AFP  -  326 words
    • Article
      Lock icon Suffering Swedes, Swiss trying to rebound
      756 16 Winter Olympics AP ALBERTVILLE, France Giant slalom skier Pernilla Wiberg finally won Olympic gold for the suffering Swedes, but the sorry Swiss were still stumbling. There was misery too on Wednesday for Deborah Compagnoni, a partner in Italy's double gold medal skiing sensation the
      AP  -  756 words
    • Article
      Lock icon Haarhuis defeats Wheaton in US Pro Indoor
      382 16 AP PHILADELPHIA Number 14 Paul Haarhuis of the Netherlands defeated fourthseeded David Wheaton on Wednesday, eliminating yet another top-seeded player from the US Pro Indoor tennis tournament. Coupled with upset victories by 1 lth-seeded Francisco Clavet of Spain and American JefF Tarango earlier
      AP  -  382 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      159 16 y,.i j COVERED CAR PARK BAYS PER DIFFERENT FLOOR LAYOUTS TV? M 04 o)b B A IfETJ VI Ir (41 a 11. Vj| f.I&J HVI lIRI 3 A A■■ 1 fl V Aw riV i I r ■i w M ■At M 1 A A-m V 0,; ~sjr 3 "'Sfßr
      159 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      247 17 KB SUBARU ■r J. > *<* v AS»|jnnii HIK The Aristocratic Estate. ftrtfr L. J KfeiHMlifiii^ak. |Hj^^ The new Legacy 2.0 series GL 4WD Estate is to the braking system (ABS) ensure the best behaviour in the galvanised to resist corrosion. Manor born. An aristocrat in every way, the Legacy
      247 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Bank rate cut fuels action in M'sian counters
      4196 18  -  By Claire Leow INVESTORS' interest in Malaysian stocks were further fuelled yesterday when D&C Bank announced a cut in its base lending rate the first bank across the Causeway to do so ever since interest rates started rising early last year. While
      4,196 words
    • Article, Illustration
      Lock icon HOT STOCK
      66 18  -  By Chew Eng Han Comment With daily, weekly and monthly stochastics all pointing up, the first target of $1.20 should be achieved easily, and probably exceeded. Look for some downward correction at around the $1.25-1.30 area, which should be taken as a buying opportunity. longer-term target, possibly by
      SOURCE: PONT DATA  -  66 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    2946 19 SIA Foreign 1950 60 3.2% Inchcape 550 +30 +5.8% Roth Inds 50« 775 +25 +3.3% Asia Pacific 1160 +20 +1.8% Jurong Ship 50« 1050 20 +1.9% Shangri-La 575 +15 +2.7% Keppel Fin 50* 171 +13 +8.2% CAC 675 +10 +1.5% Robinson 590 +10 +1.7% UOB
    2,946 words
  • Page 19 Advertisements
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Renewed buying pushes shares to firmer close
      5178 21 Bernama RENEWED buying support in the afternoon helped share prices here to a steadier close yesterday in active trading after absorbing the morning's profit-taking. The KLSE Composite Index at the close added 0.34 of a point to 619.06, the Industrial Index 3.30 points
      Bernama  -  5,178 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      RESULTS FORECAST
      334 22 Umi Last Fri Tear Fmcast Jl«t fctPraM EPS mad far EPS Cross atflt lap langc Ceapa« W wp M*c (cts) (S'N#) (SSa) (ets) Fk«t CapiM I Feb 25 Jun 92 5 4 1.0 8.891 5.4—13.4 3.3—8.2 FES F Feb 27 Dec 91 233 12.0 32,550 33.0—37 5 208-266
      334 words
    • Article
      OTHER RESULTS DUE
      1082 22 MmUmi Last Fri tar Cmw NM Dati Tear EPS Gran Net mmmui Ming (cts) ft pratt last jfMr (SS'IN) EMS Final Nov 6 Jul 91 3.0TE 17.8781 tappd Rmk* Final Feb 13 Dec 91 5.8 50 5.276 M Secaribes Fral Feb 19 Dec 91 4 0 291L
      1,082 words
    • Article
      AUDITED RESULTS
      274 22 Company Date Yoar Group Net Net earnings Gross mm to profit/loss (L) per slure dividend COOO) (coots) s Cerebos Feb 13 Sep 91 $45.623)($38.911) 14 8(12.8) 23.6TE(30TE) KL Kepong Feb 13 Sep 91 11*564,883(562.895) 15 3(14.8) 15(15) NST Feb 10 Aug 91 M555.298 (59.064) 30 9(33) 20(20) Aaa
      274 words
    • Article
      SUBSTANTIAL SHAREHOLDER/DIRECTOR TRANSACTIONS
      1589 22 Tram ftaflstarad Substantial Buy/ Shar*» Amount Shareholdings Stack Data HoWer Shareholder/Director Soil involved Before Chge Attar Cbge NOl 17/02/92 DBS Nominees Morgan Stanley Group B 95,000 160,550 47,827,000 10 24 47.922.000 10 26 SIA 17/02/92 Temasek Holdings (Pte) Ltd S 17,000 213.425 346,630,586 54 05 346,613,586 54
      1,589 words
    • Article
      PRELIMINARY RESULTS
      162 22 Company Data Year Graap pra-tax Nat aarakags Gmi ann to profit/lass (L) par share <M<»a< C000) (caato) Singmarine Feb 20 Dec 91 $27,615($29.831) 192(19 9(9) UMW Feb 14 Dec 91 M$208,335($198,544) S24(50.3) 15(15) land General Feb 13 Dec 91 M$86.678<$63.197) 229(129) 15(5) G Securities Feb 12 Dec 91
      162 words
    • Article
      INTERIM RESULTS
      383 22 Company Date Half-yaar Craop pr*-tu tatertai aan to praftt/lMS (L) 4 C000) Lingu Feb 18 Dec 91 M$4.068($3.388) —<—) Cold Store Feb 17 Dec 91 S12.122(S19.171) 65N(6N) GK Gob Feb 17 Dec 91 13,772(15,091) Scotts HMgs Feb 13 Dec 91 13.726(11.313) 04(—) BMT Jan 30 Oec 91 $697($600)
      383 words
    • Article
      CORPORATE DEVELOPMENTS
      222 22 Feb 19 Local construction firm Low Keng Huat (Singapore) Ltd plans to build its own corporate headquarters in five years' time. Feb 18 Pengkalen Hokfings Bhd is embarking on tourism and hotel-related projects in addition to its present ventures, including stockbroking, manufacturing, trading, investment and reinsurance. Feb 17
      222 words
    • Article
      DIVIDENDS ANNOUNCED
      419 22 Currwrt Ex Bocks Date Total tar Total lor poymont date doM payaMo tho year last yoar AMFPT 42%(e) Feb 7 Feb 21 Feb 28 7 7* 5 75* A* an Find USlCC(b) Mar 10 Mar 20 Mar 30 US10C US10C Avmo 20c 12 5%TE Mar 3 Mar 13
      419 words
    • Article
      PROPOSED ISSUES
      516 22 Company Rights Issue Owe* Teth OnHor-one SI 00 per share Man Issue of S90 9 78m nominal amount of 3 5* Redeemable Unsecured Guaranteed Bonds 1991/96 with *****m detachable warrants on the base of $2 nominal amount of Bonds tor every three existing shares held Every $2 nominal
      516 words
    • Article
      COMPANY MEETINGS
      82 22 Sstam Tetevtsyen Maiaysa Bhd: Bth AGM at the Pacific BaHroom, Level 2, Pan Pacific Hotel, Jalan Putra, ***** Kuala Lumpur, on Saturday, Feb 22, at 11am Muda HokJnp Bhd: EGM at the conference room, Ist Floor, Lot 7, Jalan 51A/241, ***** Petaling Jaya, Selangor Darul Ehsan, on Monday,
      82 words
    • Article
      SCRIPLESS CONVERSION
      33 22 Con version Special Trig Scriptess Conversion deadline Period Tradfa* Compan> starts (IDP) (ST) starts Jacks Int Jan 29 Feb 20 Jan 29 Feb 20 Feb 21 SPH NYA Times Pnb NYA
      33 words
    • Article
      RECORD HIGHS & LOWS
      135 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1*92 tafh: 1310.70 (20/2/92) 1992 1545 92 (27/1/92) 1992 tor 1232.84 (2/1/92) 1992 1479 35 (2/1/*) 1991 htfc 1333.08 (3/6/91) 1»1 1*5.58 (3/6/91) 1991 tor 1022.52 (16/1/91) 1*1 1149.0B (16/1/91) 1990 htft 1435.43 (16/7/90) I 990 1607.12 (27/3/90) 1990 tor. 981
      135 words
    • Article
      MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
      363 22 la local ctht In S$ la US$ dy yr S dy S >r dy yr Fcb Index cfage chge chge chgc cfay chge World 397.3 -0.4 -2.7 -0.6 -4.1 -0.6 -5.5 $EAFE 485.5 -0.9 -3.3 -0.9 -6.3 -1.0 -7.6 Europe 432.2 -0.5 4.8 -0.2 -0.9
      363 words
    • Article
      APPROVED ISSUES
      137 22 Company Rights lssu« Aw He Land Four for seven MJO 50 per share Ex-date Jan 3 Books dose Jan 17 Acceptance Payment Mar 5 Jadu M Two-for-one $100 per share Ex-date Jan 8 Books dose Jan 20 Acceptance i Payment Fet> 28 MC8 Hdfs Onfrfor-ten MSI 10 per
      137 words
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  • STOCK EXCHANGE OF THAILAND
    • Article, Illustration
      Lock icon Stocks close lower as land shares decline
      2189 23 Reuter THAI stock prices eased further yesterday as investors sold two major property issues, Bangkok Land and Tanayong, which were under stock exchange instructions stipulating that buyers use cash on transactions, brokers said. The SET Index ended 7.4 points lower at 799.11 on
      Reuter; SOURCE: PONT DATA  -  2,189 words
  • JAKARTA STOCK EXCHANGE
    • Article
      Lock icon Share prices continue to fall
      1200 23 Reuter SHARE prices continued to fall in Jakarta yesterday and market sentiment was clearly unaided by a new law allowing foreigners to own bank shares, brokers said. The Jardine Fleming index dropped 0.85 points to close at 60.85. Market authorities had hoped to revive the
      Reuter  -  1,200 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1017 23 BUSINESS TIMES ToH-tr— 1MN0;797-0043 Fax N0:734-3098 THE COMPANIES ACT. CHAPTER 50 Section 290(2)(b) NOTICE OF RESOLUTION FIDES OCEAN SHIPPING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Fides Ocean Shipping Pte Ltd hek) at 101. Cecil Street. #22-11. Tong Eng Building. Singapore 0106 on the 14th
      1,017 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close up on interest rate hopes
      2615 24 Reuter STOCKS ended firmer yesterday on hopes for lower interest rates after January money supply growth hit a record low and the Bank of Japan sold dollars. But brokers said trade remained listless, with investors wary of poor corporate profits, political instability and
      Reuter  -  2,615 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares end easier but above lows
      2611 24 Reuter SHARES finished slightly easier yesterday in quieter trade but sharp early losses were largely reversed by late bargain-hunting. The blue-chip Hang Seng Index fell 9.70 points to close at 4,716.00 after slipping to a low of 4,681.65. Turnover eased to HKSI.B7 billion from
      Reuter  -  2,611 words
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  • AUSTRALIAN STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks edge higher
      2250 25 Reuter AN uncertain Australian share market closed marginally higher yesterday, fluctuating in a narrow range between positive and negative territory all day. Brokers said the market opened slightly stronger but received no leads. "The market continued to perform in a veiy narrow range ahead of (Prime Minister
      Reuter; SOURCE: PONT DATA  -  2,250 words
  • REGIONAL STOCK MARKETS
    • NZ shares driven higher by private cheats
      • Article
        NEW ZEALAND
        254 25 SECOND and third line stocks, driven up mostly by private clients, helped take the share market higher on reasonable volume. "Private clients are getting more and more confident," said Peter Halligan of Buttle Wilson. "They are buying primarily export-based stocks and any of the thinly-traded second and third-lin-ers,"
        254 words
      • Article
        MANILA
        467 25 SHARE prices eased further yesterday for lack of fresh incentives but the slight decline indicated that some buyers were picking up bargains, brokers said. The Manila Stock Exchange composite index fell 1.65 points to close at 1,139.36, compared with a 35-point or 3 per cent plunge on Wednesday. The
        467 words
      • Article
        BOMBAY
        91 25 SHARE prices finished broadly lower yesterday on wide-spread profit-taking, led by state-owned investment houses, brokers said. The market was unnerved by an announcement by the Reserve Bank of India suspending forward sale of dollars, they said. "There was confusion about its impact," said broker Rasesh Maniar. The central bank
        91 words
      • Article
        TAIPEI
        442 25 TAIWAN stocks rose sharply yesterday on an easing of political tensions, but they closed well off their highs and brokers expected more profit-taking in the near term. A cabinet committee decided late on Wednesday to postpone indefinitely a decision on whether to dissolve the main opposition party. The weighted
        442 words
      • Article
        SEOUL
        753 25 THE stock index fell below the 640 level as reports of tax investigations into Hyundai Group clouded the market outlook, brokers said. News reports earlier yesterday said the tax office was investigating possible disguised transfers of shares in group companies. The composite stock index fell 15.47 points to close
        753 words
      • Article
        Untitled
        48 25 Clmt Pie** Fcfc 20 NEW ZEALAND NZSE-40 Capital 1.490.8* 1.473.65 +17.23 MANILA Composite Index 1,139.36 1,141.01 -1.65 Turnover (million) 731.67 494.65+237.02 TAIPEI Weighted Price Index 4.995.32 4,839.42 +155*3 Turnover (NTS billion) 40.8 24.7 +16.1 SEOUL Composite Stock Index 632.66 648.13 -15.47 Turnover (billion won) 221.21 259.2 -37.99 i
        48 words
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  • WORLD STOCK MARKETS
    • Firm bond market helps lift Dow
      • Article, Illustration
        NEW YORK
        1182 26 STOCKS closed mixed on Wednesday with blue-chip issues up slightly and the broader market moderately weak. A firm bond market helped lift stocks from early losses, and the Dow Jones Industrial Average closed up 5.59 points, to 3,230.32. Volume on the New York Stock Exchange was heavy, at
        1,182 words
      • Article, Illustration
        LONDON
        825 26 LONDON shares fell sharply on Wednesday, the market depressed by fears that international stocks would be heavily sold in New York later in the day. The FT-SE 100 Index closed at 2,536.7, down 19.2 points from Tuesday's close. The FT-30 Index fell 8.4 points to 1,975.3. Trading volume was
        825 words
      • Article
        FRANKFURT
        284 26 GERMAN shares ended slightly lower on Wednesday after an early attempt to break through the key 1,700 barrier on the 30-share DAX index sputtered to a halt on a lack of follow-up orders. Traders said prices were also hit by weaker bond prices and concerns that US shares could
        284 words
      • Article
        PARIS
        226 26 SOLID buying in a clutch of cyclical stocks nudged the market higher for the third day in a row on Wednesday as investors, particularly from abroad, sought out French shares. But profit-taking on Tuesday's rise, which lifted the market to its highest level since August 1990, restrained the gains
        226 words
      • Article
        MILAN
        163 26 ITALIAN shares closed firmer on Wednesday as the market sought to recoup Tuesday's losses. Volumes improved in the second half of the session. However, dealers said volumes were still too thin to give Wednesday's move any major significance. "It's too early to say whether the trend has changed or
        163 words
      • Article
        ZURICH
        253 26 SWISS share prices ended a quiet session slightly lower on Wednesday with blue chips consolidating upon recent gains. Brokers said volume was low. "Some cyclical stocks attracted buying interest, but overall the market lacked direction," one dealer said. The generally weaker tone of foreign markets and Wall Street's lower
        253 words
      • Article
        STOCKHOLM
        192 26 PRICES on the Stockholm bourse closed lower in slow trade on Wednesday, partly due to overnight declines in Tokyo and New York, but also due to a sharp downturn in the bank sector in reaction to heavy credit losses, dealers said. S-E-Banken restricted A-shares fell three to 47 crowns.
        192 words
      • Article
        BRUSSELS
        381 26 BELGIAN shares closed lower on Wednesday on a combination of weak stock markets abroad, a dip in bond prices and position-squaring on the last day of the forward market account, traders said. The Bel-20 index closed down 5.40 points to 1,164.68. Leading retailer GIB was one of the most
        381 words
      • Article
        TORONTO
        452 26 MODERATE losses in most sectors chipped a further few points from Toronto stocks, sending the market slightly lower for the seventh straight session on Wednesday, dealers said. President Bush's poor showing in the New Hampshire primary on Tuesday added to the market's negative tone. The TSE 300 composite index
        452 words
      • Article
        Untitled
        372 26 Feb 19 Close PtwioiB NEW YORK Dow Jones 3,230.32 3,224.73 +5.59 SAP 500 408.26 407.38 +0.88 Turnover (million) 234.8 234.3 +0.5 LONDON Financial Times 30 1,975.3 1,983.7 -8.4 FTSE 100 2,536.7 2,555.9 -19.2 Turnover (million) 555.6 549 +6.6 FRANKFURT DAX Index 1,687.79 1,694.99 -7.2 AMSTERDAM EOE Index unav 299.07 PARIS
        372 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon US dollar rises in late Asian trading despite bank intervention
      1185 27 REPORTS Reuter k£lA -f*; Tokyo: The dollar remained higher in late Asian trading yesterday despite dol-lar-selling intervention by the Bank of Japan (BOJ) in late morning and early afternoon in the Tokyo market, dealers said. "After two rounds of aggressive
      Reuter  -  1,185 words
    • Article
      INTERBANK FOREX RATES
      378 27 Cross rates USS S$ MS Dm Yen SFr AS NZS US$ 1.6420 2.5960 1.6425 128.20 0.5692 1.4855 1.3193 1 8416 SS 0.6090 1.5810 1.0003 78.0755 0.3466 0.9047 0.8034 1.1216 MS 0.3852 0.63 0.6327 49.3837 0.2192 0.5722 0.5082 0.7094 Dm 0.6088 0.9997 1.5805 78.05 0.3465 0 9044 0.8032
      378 words
    • Article
      MONEY MARKET
      538 27 Interbank rates BM Offer Overnight 3 1/8 3 1/4 1-month 3 1/8 3 1/4 2-month 3 3/16 3 5/16 3-month 3 3/16 3 5/16 Overnight mode: 3-1/16 IS> Bid Offer 1 days 4 3/16 4 V16 1 month 4 3/16 4 5/16 2 months 4 1/8 4 1/4
      538 words
    • Article
      Lock icon M'sia seen likely to keep rates high till year-end
      404 27 AFP KUALA LUMPUR Malaysia is likely to keep interest rates at present high levels at least till year-end to discourage spending and promote savings to curb inflation fuelled by five years of robust growth, economists said on Wednesday. Bank Negara, Malaysia's
      AFP  -  404 words
    • Article
      Lock icon India suspends forward sale of US$
      311 27 Reuter BOMBAY The Reserve Bank of India (RBI) has suspended forward dollar sales with immediate effect, fuelling rumours that it might be about to allow freer rupee conversion. No official confirmation was immediately available but foreign exchange dealers said yesterday that they expected major
      Reuter  -  311 words
    • Article
      FINANCIAL FUTURES
      1121 27 SIMEX BHHHffliJW Open High Low Sett Est Vol Op/lnt Vol Mar 92 95.80 9511 95/77 95T7 1620 ***** 3503 Jun 92 95.58 95.60 95.57 95.57 7020 ***** ***** Sep 92 95.20 95.22 95.18 95.18 2010 ***** 4772 Dec 92 94.50 94.52 94.48 94.49 1820 6241 4103 Mar 93
      1,121 words
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  • COMMODITIES
    • Article
      Palm oil prices expected to stay near M$900 in short term
      468 28  -  By Shoeb Kagda SINGAPORE Lower production levels in January and an expected increase in demand will keep palm oil prices hovering near the MS9OO (*****) level for the next few months, traders said. But bumper crops this year in
      468 words
    • Article
      Lock icon Wheat price likely to surge this year, says study
      317 28 AFP LONDON The price of wheat should rise strongly in 1992 because Western countries have provided credit guarantees to the Commonwealth of Independent States (CIS) and because of reduced sowing of winter wheat in the United States, the Economist Intelligence Unit
      AFP  -  317 words
    • Article
      Lock icon S'pore robber prices firm up on short-covering
      829 28 REPORTS Reuter RUBBER prices yesterday closed firmer on short-cover-ing and some liquidation in fairly moderate afternoon trading, dealers said. After hovering in narrow ranges in morning trade, RSS-1 prices firmed in the afternoon on short-covering inspired by currency factors and the tightness of
      Reuter  -  829 words
  • Article
    PRICES
    1377 28 Rubber Feb 20 Scenti/k» Noon Cloac Int 1 RSS Prompt I29.00/I30.00N I30.2V13I25N Int 1 RSS Mar 92 129.50/130.00 130.75/131.25 Int I RSS Apr I30.7V131.25 132.2V132.75 Int 2 RSS OP 129.00/130.00N 130.00/131.OON Int 3 RSS OP 128.50/129. SON 129.50/130.50N Int 4 RSS OP I26.50/I27.50N 127.50/I28.50N Int 5 RSS OP I23.00/I24.00N
    1,377 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1624 28 _B_U SINESS TIMES IM THE MATTER OF THE COMPANIES ACT, CAP 50 Pursuant to Section 290 (2) (b) NANOTEK ELECTRONICS (PRIVATE) LIMITED (In Members' voluntary winding-up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 80 Marine Parade Road, #18-01 Parkway Parade. Singapore 1544 on
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      8 28 Personal Finance Investment in Business Times every Saturday
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1105 29 City n*rt ETA Figtrt ETD Mm Wwfcl GA890 2205 QF81 2010 QF82 RJ182 1440 RJ 183 2320 ctt'KL837 1340 SQ24 0115 SQ23 1815 KL838 2325 MNM SQ36 2230 Auckland 1530 SQ285 NZ36 2130 SQ286 BA12 2035 2155 2305 GA524 0920 ii! BI421 SQ181 ***** BI95 1105
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  • THE TRAVEL PAGE
    • Article, Illustration
      A French bistro to make you smile
      590 29  -  POSTCARD FROM PARIS By Patricia Wells WHEN was the last time you wandered into a restaurant to be enveloped by an overwhelming and welcoming mingling of aromas? The faint smokiness of a crackling fire, the sweet smells of chicken and beef roasting on
      590 words
    • Article
      FOREIGN CURRENCY NOTE RATES
      151 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.2381 1.2330 Canadian dollar 1.3698 1.3973 NZ dollar 0.8810 0.9164 Sterling pound 2.8730 2.9121 US dollar 1.6380 1.6440 Local dollars to 100 units of foreign currency Austrian schilling 14.03
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      67 29 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel Mar 12-22 International Turin. Italy Torino *****569 Mar 28 International Bari, Italy Fieri Dd (39)90/*****2 1992 Home Exhibition Esposizioni Apr 5 Fair for Leisure, Levaitte S.p.A 1992 Sports A. Tourism Mar 2S Pension Piccadilly. Le Meridien **********
      67 words
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      Page 29 Advertisements Column 1
      38 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We know Europe from atari to Pinniah
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      24 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please cal our Customer Services Section on 749-2577
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      Page 29 Advertisements Column 3
      77 29 iy It's back to the schools for TNP Sports as we go in I S?5 By highlighting budding stars from school HRr 1 playgrounds, and school rivalry every |lH|| Wednesday and Friday during the school S?J By keeping old and present boys posted on iflM| the goings on and events
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  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      243 29 10 Risks redesigning gardens 11 This is always assumed by those retiring 12 Weeping woman turning character JIT jV 15 Staff employed by the po17 Note the way around 19 Charges a traitor on two 22 I I I I I p 4 j points (5) MU 22 The first
      243 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      177 29 Singapore Outlook: Showers over several areas in the afternoon and early evening. Report Maximum temperature 32.0 Assoc humidity 68% Minimum temperature 22.3 Assoc humidity 96% Hours of sunshine 6.65 Rainfall in mm 43.1 Rainfall this month 62.3 Rainy days this month 4 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 23/17 Cloudy
      177 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      18 29 ccroe HCfte. TO soOßuse /CjOß< DON'T TMC\ V U3Qgp.... V O ASSOCIATf oNf WSP*Pf RS ltd IM2-IM2 8617
      18 words
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  • Article
    Lock icon Israelis storm S Lebanon to root out rocket bases
    476 30 Tanks, troops ignore UN peacekeeping forces in ground attack Reuter NAQOURA, Lebanon Israeli tanks and troops, brushing aside UN peacekeepers, stormed villages and hilltops in south Lebanon yesterday to root out the rocket-launch-er bases of Muslim fundamentalist guerillas. Security sources said
    Reuter  -  476 words
  • Article
    Lock icon Japanese banks seem set to help scandal-linked firm
    382 30 Reuter TOKYO Creditor banks seemed ready yesterday to put up loans worth hundreds of millions of dollars to prop up the trucking firm at the heart of Japan's latest electoral funding scandal. As moves went on behind the scenes to prevent Tokyo
    Reuter  -  382 words
  • Article
    Lock icon Rabin to challenge Shamir in June elections
    389 30 AFP JERUSALEM Former Defence Minister Yitzhak Rabin will lead the Israeli Labour Party against the ruling right-wing Likud coalition in a June election that could yield a more flexible Israeli position in Middle East peace talks. Mr Rabin, whose party has officially recognised
    AFP  -  389 words
  • Article
    Lock icon US announces trade deficit dip below US$100m
    260 30 AFP WASHINGTON The US had a trade deficit of U5566.2 billion (S$ 107.9 billion) in 1991, it was announced on Wednesday, the first time the annual deficit had fallen below US$lOO billion in eight years. But the December deficit stood at U555.94 billion,
    AFP  -  260 words
  • Article
    Lock icon China won't repeat E Europe's mistakes: Deng
    217 30 Reuter HONGKONG Chinese leader Deng Xiaoping believes economic problems caused the collapse of communism in Eastern Europe and vows China will not make the same mistakes, the official Shenzhen Special Zone Daily said yesterday. "Several former socialist nations underwent political change and then
    Reuter  -  217 words
  • Article
    Lock icon Don't expect early end to economic crisis: Yeltsin
    405 30 Reuter MOSCOW Russian President Boris Yeltsin has warned his countrymen not to expect an early end to the state's economic crisis and ministers have painted a grim picture of millions thrust into poverty by the government's "shock therapy" In a 55-minute television
    Reuter  -  405 words
  • Article
    Lock icon Russia has no right to speak for CIS in arms talks: Ukraine
    281 30 AP KIEV Ukrainian President Leonid Kravchuk has said Russian leader Boris Yeltsin lacks the authority to negotiate nuclear arms cuts for the Commonwealth of Independent States (CIS) and proposes that Ukraine, Belarus and Kazakhstan join Russia in disarmament
    AP  -  281 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      214 30 Nikon The World s Finest Photographic System PERTH I WESTERN AUSTRALIA. I I AN EXCELLENT SPOT TO PARK YOUR INVESTMENT. I IA N I Under instruction from the Mortgagee, 374-394 Murray Street 613-619 Wellington Street. Perth. Western Australia B I will be offered for sale at 11.00 am 11th March
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      Page 30 Advertisements Column 2
      36 30 Fed chief sees faster US growth, Pg 10 Off ihore finder has finance available for domestic and commercial projects of good status. Minimum 2 milhon US dollars. Write to PO Boot 22-3788 to Pubhtitas CH-1002 Lausanne.
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      Page 30 Advertisements Column 3
      92 30 Nikon The World's Finest Photographic System BrOSkOllt the greenness of J the exciting thunder of w the hoofs I onignt experience the Splendour of The Derby Join In For I fli A new hangout for ail friendly people to drink, dance and sing-a-long to the nostalgic A music of the
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      Page 30 Advertisements Column 4
      11 30 Analysis, Pg 13 Kazakh president postpones visit to Singapore, Pg 3
      11 words
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  • SHIPPING TIMES
    • Article
      Asmi urges ministry to fine-tune sponsorship plan
      415 31  -  It wants limits on foreign workers flexible enough to cater to industry By Rahita Ellas SINGAPORE Singapore's marine industry is urging the Ministry of Labour to finetune its new sponsorship scheme to cater for its needs. The Association of Singapore Marine Industries (Asmi),
      415 words
    • Article
      Lock icon Airbus Industrie seen as a threat to McDonnell-Douglas
      230 31 Reuter WASHINGTON Competition from Europe's govern-ment-subsidised Airbus Industrie threatens to erode the position of US aircraft makers, especially McDon-nell-Douglas Corp, a US congressional report said. The Congressional Research Service report was requested by members of the House Science, Space and Technology Committee
      Reuter  -  230 words
    • Article
      Lock icon Beirut airport safe, says minister
      359 31 Reuter BEIRUT Lebanese leaders are promoting Beirut's run-down airport, notorious in the 1980s for its hijacks and kidnappings, as the safest in the world. Guns and shell damage remain, but at least the weapons are now held by soldiers. "The airport was long avoided as
      Reuter  -  359 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1184 31 Page Cot ABC Containeriine 12 1 Accord Group 8 1-3 Ahrenkiel Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3-5 A.P.C. Lines 13 5 A cWarehousing 15 5 Arrow Int 9 4 Asian Break-Bulk 16 3
      1,184 words
    • Article
      Way clear for Qantas, Air New Zealand to merge
      400 31  -  From Florence Chong in SYDNEY THE WAY has been cleared for the merger of the Australian and New Zealand aviation markets, leading perhaps to a merger between Qantas and Air New Zealand. The federal Cabinet has agreed to a major restructuring
      400 words
    • Article
      Lock icon 200 to attend aviation symposium
      324 31 Rahita Elias SINGAPORE Over 200 aviation officials from 35 countries are expected to attend the fourth Air Traffic Services in the 21st Century symposium starting today. During the event, they will review major technological advances in international air traffic management systems. The discussions at the
      Rahita Elias  -  324 words
    • LOG BOOK
      • Article
        Japan's foreign ship orders for January fall
        125 32 TOKYO Foreign ship orders received by Japanese shipyards fell in January to 659,650 gross registered tonnes (GRT) for 16 ships, from 805,180 GRT for 20 ships in December, the Japan Ship Exporters' Association (JSEA) said. Orders totalled 104,800 GRT for five ships in
        125 words
      • Article
        Maputo port surcharge cut
        93 32 LONDON The Europe-Southern Africa Conference said its member lines were cutting the surcharge applying to the Mozambican port of Maputo to US$225 (about SS37O) per container from its present level of US$3OO, effective March 1. The LCL (less than full container load) surcharge would be adjusted
        93 words
      • Article
        American Ship Building needs funds
        97 32 TAMPA The American Ship Building Co said the company needs a capital infusion. "While both operating results and volume continue to improve, this combination creates an increased demand for working capital," said chairman and chief executive Paul Butcher in a statement. Earlier the company said
        97 words
      • Article
        Sub builder lays off 300 workers
        93 32 NORTH KINGSTOWN, Rhode Island The Electric Boat division of General Dynamics Corp gave layoff notices on Tuesday to 300 workers at its submarine shipyards at Quonset Point, Rhode Island, and Groton, Connecticut, and other facilities in Florida and New Jersey. The job losses, blamed
        93 words
      • Article
        Jakarta imposes three-to-a-car rule
        88 32 JAKARTA Jakarta, whose mostly chauffeur-driven traffic comes close to a standstill in the day, will ban cars with fewer than three passengers from its main road during the rush hour, the Antara news agency said yesterday. "Eighty per cent of around 1.5 million vehicles operating in
        88 words
      • Article
        TNT in freight pact with Fedex
        55 32 SYDNEY International transport group TNT Ltd said its TNT Express Worldwide division has begun flying freight on the daily trans-Atlantic freighter operated by Federal Express Corp. TNT said the co-loading agreement with Federal Express for the New York to Britain route would improve service
        55 words
      • Article
        Mayne Nickless A$322m funding
        105 32 MELBOURNE Transport, security and healthcare group Mayne Nickless Ltd said it plans to raise A 5322 million (Ss4oo million)through a one-for-five rights issue at A 56.75 a share. The issue, which is underwritten by Potter Warburg Capital Markets Ltd, compares with a closing share price of
        105 words
    • Article
      DAILY FREIGHTS
      977 32 FREIGHT rates drifted lower in light fixture volume, brokers said on Wednesday. They noted Monday's news the White House was considering a request by Russian President Boris Yeltsin for an additional US$6OO million in grain credits, but added the market needed further guidance from news affecting key freight
      977 words
    • Article, Illustration
      Lock icon JFK Airport's food chain
      1353 32  -  Transporting fopd by air is a very expensive business. Yet about 65,000 tonnes pass through New York's John F Kennedy airport a year. Andy Pforzheimer finds out why Andy Pforzheimer NYT ON A runway ramp in Queens, New York, sit 4,000 pounds of fresh fish from
      NYT  -  1,353 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      563 32 Carbon Carbon Fob 13 Density Water Residue Ash Muminun Sedenent Density Hater Reskhie Ash Aharinon Sediment turn Exxon E,aon KG/M*3 V/V M/M M/M PPM method KG/M*3 tV/Vt M/M M/M PPM method BO/Canac Mb Spec E25 991 LO 1?0 (U0 30* (Tio* Ewtom USA 180 Ave 984
      563 words
    • Article
      THE SHIPPING GUIDE
      5557 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      5,557 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        434 47 BHi fcrfral Departs VwmI ypy Wo Birth fcrfral Pepertoe Marina TcanJiuU 1 Changwang J6 alongside 2102/2300 Aungngwekhin 1/92 M04 atongsnle 2002/2200 JJ YufW J jiS/IMO Batam Murm *****2 M03 alongs.de 2102/2300 S2V a 2 02/23M Brastagi 1 7/92 M02 alongside 2102/2300 L 8 w J J JSL
        434 words
      • Article
        IN MALAYSIAN PORTS
        247 47 lohort Port JjrtK.l: Luconia; 2: Tzu Hang 3: Kota Berani; 4: Ping Sft-5: nil; 6: Barge Luna Utama. pi jetty; Wind, Stolt Titan, Subur. SCJ: Kokuet Maru No 3. Due on Feb 1* Shoryu Emmy, Bunga Anggerik, Thaiho 1, You .Yi 7, Barge Josindo 1. -But an
        247 words
      • Article
        CONTAINER SCHEDULE
        882 47 teegVjNg Of EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rjfts Ship Voy No Etb/Btr Period From To From Aa Daisy 23A 22/1800 1 20/1500 20/1659 20/1900 3 21/0700 21/1159 21/1400 4 21/1200 21/1459 21/1700 #CX Viotet 4B 21/2359 1 20/1500 20/1659 20/1900 2 20/1700 21/0659 21/0900 4>
        882 words
    • Article
      Lock icon Boeing trims US workforce by 8,000
      194 48 Reuter SEATTLE Boeing, the world's largest aircraft manufacturer and a major Pentagon supplier, announced on Wednesday it was cutting 8,000 jobs because of a drop in orders for civilian aircraft and planned drastic cuts in the B-2 Stealth bomber programme. The reduction, which affects
      Reuter  -  194 words
    • Article
      Lock icon British aerospace manufacturers face bleak future
      481 48 Reuter LONDON The future for British aerospace manufacturers looks bleak. Airlines worldwide have just had one of their worst years on record and Western governments are making some of the biggest defence cuts since World War Two. World civil jet aircraft orders fell 60
      Reuter  -  481 words
    • Article
      Lock icon EC plans to cut road-linked air pollution
      433 48 IHT BRUSSELS Alarmed by projections of a huge rise in truck traffic, the European Commission unveiled on Wednesday dual programmes designed to cut air pollution linked to road transport. The Commission called for urgent steps to encourage more goods to be shipped by
      IHT  -  433 words
    • Article
      Lock icon Big gains for Northrop in 4th quarter
      344 48 UPI LOS ANGELES Defence contractor Northrop Corp, benefitting from tax credits, reported on Wednesday fourth-quarter earnings of U*****.5 million (*****.4 million), or U553.36 a share. The performance is more than triple its earnings of U5542.7 million, or 91 US cents a share, for
      UPI  -  344 words
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      216 31 Some Reasons For THE STRAITS TIMES WEEKLY OVERSEAS EDITION You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. For other reasons, send in your subscription now The StraitsTLmes Making an issue of the major issues I MHiMdHMMdM 1 I ri 1 fn
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      39 31 Yourson Is studying overseas. And you want him dose to home -with news from home. To your principals and business associates overseas, It's assuring that Singapore Is great for business. The Straits Times Weekly is like a country report
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      Page 31 Advertisements Column 4
      304 31 the FAMOUS munnm ■BEnona *****33 For more information please refer to Pg. 13 S U M MARY Kennedy Airport's food chain ON A runway ramp in Queens, New York, sit 4,000 pounds of fresh fish from Iceland, dinner tomorrow at a resort hotel in Curacao. A few metres away, inspectors
      304 words
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      2578 33 OOCL PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 \lllnr BOOKINGS TEL: *****234 *****58 VfIHVmW TERMINAL/CFS TEL: *****218 220 FBAfioSn PESAKA JAROINE SHIPPING AGENCIES SON. BHO. I VW/ J PORT KELANQ TEL: *****18 FAX: *****91 *****88 »A n..«U» PENANQ TEL: *****4 FAX: *****1 CFS TEL: *****8 Dedicated to Quality
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      1875 33 TRANSPORT MARY Feb 21-24: Air Traffic Services in the 21st Century 4th Symposium, jointly organised by Civil Aviation Authority of Singapore. Federal Aviation Administration, USA. Department of Civil Aviation, France and State Institute for Air Navigation. USSR at the Raffles City Convention Centre. For further information please contact Singapore Aviation
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      1427 33 mumssassm NEXT SAILING TO MIDDLE EAST OCEAN BLESSING VOY 113W ETA SIN 27/2/92 V44M Voy ETA I ETD FeM by mmim, destinations Johanna to TMe week Mar it Maarak 9202 CY 25/2 0600 HRS Pod CFS 24/2 2359 MRS Ketang Panang OAK LOB HOU MEM ATL MIA CHS SAL PHI
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      1424 34 I I I I II ROAM/ VOY NO 3'PORE JEDOAH S HAMTON H'BURQ ANT LE HARVE KITANO 12/307 23/2 11/3 13/3 10/3 17/3 HAMBURG EXPRESS 07/106 27/2 7/3 21/3 17/3 18/3 IyUU TOKIO EXPRESS 04/308 1/3 18/3 20/3 23/3 24/3 v. KATSURAGI 10/109 5/3 14/3 28/3 24/3 23/3 THAMES 10/309
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      700 34 SEABPAC SERVICE DIRECT SOUTH PACHC SERVICE SIN NOU SUV PPT IMPERIAL 3202 EB 23-28/2 12/03 IS/03 20/03 PALEMBANQ 3301 EB 25-27/3 7/4 10/4 14/4 Transit Tim* (13) (18) (22) ALSO ACCEPTMG CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA. NUKUALOFA, P. MLA FASTEST SERVICE TO CWLE/POttJ SIN VAP SAI ANF
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      1538 34 I EaiilAlM *WMM regular independent full container service WESTBOUND FOR EUROPE «t/WY ALG BCI HAM ORE ROT ANT FEI LHA (VM («M (VM MJS) NAM) ROT) JEA 150* 24/02 16/03 l«/ 03 21/03 23/03 24/03 25/03 26/03 27/03 CHMA SEA 151* 01/03 23/03 25/03 29/03 30/03 31/03 01/04 02/04 03/S4
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      1919 35 W W STRAITS SHIPPING PTE LTD ■JfT Chiang #09-01 Sanford Building Singapore 0208 Tel: *****88 Fa#: *****17 ACCEPTS DUE SAIS CMGO SPORE BKOK <*,*r "iH..»r VOSC KAuiri. Lik, KK In Pt 21 Fib pccivr V 7A&N 25-26 FEB 2S-01 MM STMITS STM VO3E Uu». Sk.n. T,. 21M F.b 24 F.
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      Page 35 Advertisements Column 2
      2369 35 tfckX SINGAPORE AGENT: |tp|>r PAO Containers (Singapore Agencies) Pte Ltd X t\V/ VjUllidlllvl 15 Hoe Chiang Road #08-02 to 06 Sanford Building. Singapore 0208 V Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W v CR Number **********0Z EXPORT IMPORT kskkksav S?. 52*™ a> i-— MA!«K S2S
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      463 36 IJI.IU.LIJIII.IIJJ CR NM 11SS7I******0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/VOY rwT ROAM/AOAM H'BURG BKMEN AMIMKf MATARAM/3IWB 21/2 2/4 1/4 10/4 16/4 SIVMJAVA/RM 12/4 15/5 20/5 24/5 Uli KUTM/2MN 26/4 21/5 1/1 7/6 11/6 FAST TfMNtIT TIM I ACCimNQ BMAKSULK/CONTAINIRIIIO CAMO I® 41®® Mff® I® o®®®fet®n®®t Part OsM, B»rt ANwnMrw,
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      Page 36 Advertisements Column 2
      1395 36 OHANJIN SHIPPING I mv* ran LM haul im om mm w |lm haul mv lm rvc HMUM HAABUM OOK 1/1 OKCT 77/3 79/3 RMMMO NT 10* N/1 M. NOMMHCt Otll 1/4 1/4 1/4 HMUM (UZAKTH NX 1/3 OWCT N/3 1/4 HMUM CMJUI7N 7/3 H. KWYQM IM 1/4 11/4 It/4 HMUM
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      1356 36 Aifl zkJJ d-IrJ I =3"371^1 M B w^B:MiiifißiiTaMnini«tiM»Jiiii!ißiaa!iwii;ii:Hiagw»aHHiiiaa^^^w INI NT IN HM HI M NT ON MT BH TTO I*l CM Ml UK IN) MR MM fW MB CM MP 1 I MAM M-MI M/t l/l 4/1 l/l l/l >1/1 tt/1 11/1 14/1 it/1 lt/| |/< 10/4 U/4 |l/« M/«
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      1855 37 v NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: (TOLL FREE) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE *****82 DOCUMENTATION DEPT *****44/*****14 FAR EAST SERVICE *****31 TERMINAL OFFICE *****22 Mm UK/EUROPE SERVICE *****89 IMPORT CFS MB2: *****69/*****96 AUST/INDIA/PAK SERVICE *****32 EXPORT CFS MB2 *****53/*****50 •Jw NEPLINE SDN BHD
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      Page 37 Advertisements Column 2
      967 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUW-OCCHAggjjjg WESTBOUND-LOW* TUWHTfO) VU WTTBBWM w* pS |5u w*
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      1656 38 I K"W M ASAGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W W 1i" TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/B^9 i IV I PV MALAYSIA: "K* LINE MARmME (MALAYSIA) SDN BHD ffrr TELSASSO24OO PK *****01/5 PENANG632O2O J*****01 ■■HB KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAUTINTERNUSA TEL: JKT *****76.
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      Page 38 Advertisements Column 2
      1165 38 PHIU-ORKNT UN€S PTC LTD Y 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76,*****38 Ojd BY AIR, LAND OR SEA.... ML Ja&r WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION \AU9TIUVLWNnrZEALAn/90UTHHkCm FCWIIEHWCI 28 FEB SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 06
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      1095 39 aaabPlf pacific international lines (pte) ltd 140 Cecil Street. #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: *****6 /OOOQE MAKAftTA 1 IftANOKQK l VCSSCL VOY AIM J*T fUM VESSEL VOY SIN IKK SIN BUNGA TERATAI OSS M £,2 Ti s™™?° 5™ V* KOTARAKYAT OSI 2S/2 27/2 1/3 °"L° V\
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      Page 39 Advertisements Column 2
      1202 39 EacßenV F CLASS COMBINER TRANSPORT FEEDER VESSEL PENANG, PKELANG OCEAN VSI/VOY SIN SOU (1) RTM (2) HAM (3) GOT (4) ANSON/TBN 21/2 22/2 SELANOtA 2072 25/2 15/3 16/3 18/3 ANSON/TBN 28/2 28/2 BENALOER 2082 3/3 20/3 22/3 23/3 25/3 ANSON/TBN 6/3 7/3 TOYAMA 2092 27/3 29/3 30/3 1/4 ANSON/TBN 13/3
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      Page 39 Advertisements Column 3
      476 39 M MYANMA wBBk FIVE STAR UNE w (Myanmar National Una) Loading for Yangon (Rangoon) S'port P.KI| Ptn P.Gdf MYOMAYWA VI4OW 3/ 5 Mar 29/2 Mar m VII4W 7/ S Mar HPA AN VI74W 12/15 Mar PAGAN VI tOW 19/21 Mar THI BANK IJHi (A Mrvic* ot Andrew W«4r Shipping) Vl
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      518 40 If/ Hai Sun Hup Co (Pte) KASTKKN CAR I.1NKK LTD. STRAITS/ JAP**/ STRAITS SERVICE SPECIALIST IN RO M) t HEAVY LIFTS INBOUHD VESSELS HSfiL asm TIAMI SOU UCOTt m sp n in u 21 2«/2 21/2 7$ 21/2 24/2 22 21/2 21/2 OUTBOUND VESSELS LOADING FOR SEN/NAG COSMIC TRADER V23
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      Page 40 Advertisements Column 2
      87 40 _\REGULAB CCTWDfnONALSERVICE^ IS'pore PKelang Loading for I NORMAN IMMNER 23/2 Rdm/Atw/UK/Nantes I DS PIONEER 25/2 2/3 Rdm/Atw/UK/Nantes I SWGA RANGER 15/3 11/3 Rdm/Ah»/UK/Nantes I S pore Loading for I PAN RISER 29/2 Oubai/Bahram/Dammam/Kuwait I I PUMA 10/3 Aden/Hode«dah/)eddah I I LIS£ 15/3 Hodeidah/Jeddah/Aoaba/Port Said I lUN HU 10/3 Dubai/Doha/Dammam/Kuwait I
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      110 40 11 :i km rh ■H«kwi R i BEUING CHANGCHUN GUILIN HARBIN KUMMING NANNING QUANZHOU SHEKOU SHENYANG SHENZHEN WUHAN XIAMENXIAN ZHENGZHOU rfl SHHfiOfLS /SHENZHIN SHIPPING Tel: 227 4788 Fax: 227 2Q83 [5551 EUROPE/S.E.A. BREAKBULK SERVICE KUOANG CAKE* IJMUDEN 10-14/1 ANTWERP 22/1 TO PORT KELANG 20/2, SMGAPORE 22/2 KAOHSRMG 20/2 m Bl
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      1236 41 NEDLLOYD GIVES YOU EUROPE EXPRESS FIDO VESSEL PKG PEN OCEAN VESSEL SM lEH(3) RTM(I) HAM(2) BRV FIX SOU GOT VfSSfl Jkt PJtf fen *Bkk Sin ST»y« Auckland Fiji(A) N .Plymouth A) Tnuru LyttoNon(B) Dim*i(B) Napier Wetofton(C) Tawaafa W Bhum/559 -B. Seroja/830 22/2 20/2 N. As«a/2022 25/2 14/3 15/3 17/3 18/3
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      786 42 TO AUSTRALIA/NEW ZEALAND pi [to IF™* [S |«u* INK IF CHAIN MARTHA 294 175 1/J 11/ l 14/1 27/3 M/J aim mbk 57" is/i 25/3 joTj 5/5 1/4 To/4 srumei m n/4 17/4 21/4 n/4 1/5 1 57s C. VE*C*l* 299 21/4 1/5 t/S 19/5 IC/S 1 li/S TO USA/CANADA
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      829 42 EXPORTS TO HONGKONG, TAIWAN. MANIA I JAPAN "TWICE WEEKLY" MALACCA STRAITS SERVICE I OUTBOUND YOY PKt PEN MT SM MR HR6 MO Kg TYO YOR SMi NCO KOR VESSEL VOY |SM |PKI PEN MM SM AC! ROSE 248 192 '21 2 *21 2 25 2 29 2 2.3 43 7.3
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      Page 42 Advertisements Column 3
      259 42 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD EM ETA EH SPOH mi HELMS PEMNS *UE UK 10/3 Loading tor Male NftM HUDHU 5/3 Loadrnj tor Calcutta WWW 28/3 25/2 loadmi Far Male nowi arm 5/3 Loadmi Far Male 00NMCULM 10/3 Loaded For Fefcwaru moots wn nn 25/2 in pt
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      Page 42 Advertisements Column 4
      1513 42 tee CHIN* OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE AGENTS SINGAPORE'S GENERAL AGENTS K)o W !J!® n1 CHUNG CHIAO SHIPPING SON BHD C OSTAR SHIPPING PTE LTD PT. GLOBAL PUTRA HI TEL: *****51/17 FAX; *****92, *770 MC L,U INDONESIA MAR IT ME P KLANG TEL 3USIM/S TU MA 395*3 <*I*4
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      626 43 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE *****33 24 LINES LIMASSOL/PIREAUS 23/2 ROTTERDAM 23/2 HAIFA/ASHDOD/ALEXANDRIA 23/2 HAMBURG/BREMEN 23/2 MARSEILLE/FRANCE 23/2 FELIXSTOWE/UK 23/2 BARCELONA/SPAIN 23/2 LEHAVRE/ANTWERP 23/2 GENOA/ITALY 23/2 GOTHENBURG/SCANDINAVIA 23/2 LOS ANGELES/WC/IPI 23/2 SYDNEY/MELBOURNE 29/2 NEW YORK/EC 23/2 FREMANTLE 25/2 VANCOUVER 23/2 BRISBANE/ADELAIDE 29/2
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      Page 43 Advertisements Column 2
      820 43 WHIUtIK-lfcLU MARINE AGENCIES S PTE LTD TEL: *****33 (12 LIom) BFAX: *****15/*****03 J TELEX: R8 ***** RISHIP (3 Lliwa) taflQ ETHIOPIAN SNIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA LOAO4NQ FOR SPORE ABYOT 26W8 30/03 OARESSALAAM MOMBASA. DJIBOUTI ASSAB MASSAWA ABBAY WONZ 32W8 25/04
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      Page 43 Advertisements Column 3
      450 43 JAKARTA BANGKOK w* an tens. "Wim hmb Mli --r-r;- ill* n 2 »/0Z IAW) ■HUM## IWI MPt 21/02 Ml 24/02 22Z52 «/02 THAHA BHUM qqh Sit 22/02 Ty 25/02 fl* BHUM »/»g 0103 NANTA BHUM TOW im 23/02 Wad 20/02 W* l 04/03 07/03 «1 BHUM* 4MR Men 24/02 TM>
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      Page 43 Advertisements Column 4
      323 43 Baagaa TBP-UTE VBL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY UN MM SM TIGER SPEED 192N 24-25/02 01-03/03 09-10/03 TIGER SHARK 09ft 27-2S/02 05-07/03 13-14/03 TISE* BRDGE 193 ft 02-03/03 OS-10/03 16-17/03 VBL VOY SMGAPORE/CALCUTTA/BMGAPORE VESSEL VOY SM CM. SM LHOTSE 417 SAILED 27-02/03 00-09/03 TWER RIVER 145CN8 27-20/02 05-09/03 15-IC/03
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      1366 44 S'PORE IMPORT:' *****11 I PENANG: (04) *****6 SIBU: (084) *****9 KK: (088 *****0 TAWAU: (089) *****9 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA: (31) *****0 pEN J S|N 28/2 29/2 1/3 Ldn/Fta/Rdm/Ant Pt L(XJ|S y] 4/3 5/3 23/2 24/2 25/2 G'burf/C'hafeti/SHofcn/Oslo 25/2 26/2 27/2 Piraeus Genoa/Trieste 28
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      Page 44 Advertisements Column 2
      372 44 BLUE STAR LINE TO FROM |TNEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIM NPI ML ITT UN PROSPECT 17S 6/3 16/3 VIA NPI l>/3 4/4 MANDAMA 0516 15/3 27/3 VIA NPI 29/3 15/4 PREMIER 17$ 20/3 7/4 VIA NPI 9/4 26/4 FULLY CONTAINERISED SAILINOS DISCHARGING
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      Page 44 Advertisements Column 3
      1015 44 I THONG SOON LINES PTE. LTD. W- 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SINGAPORE 0106 TEL: *****68 FAX NO: *****11, *****22 TLX: RS ***** CARRIER. RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA vessel Tvov In* Ikst vessel vqt spttt t. KIM SOON LI 47/92E 26 FEB PENANG
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      828 45 COMPANIA PIRUANA Dl VAPORIB JCT "PERUVIAN STATF LINE" ACCtPfm MCAKBUtK/FCL/SOC CARQOCS TO/FROM CAIIAO, MATMANI, IL0« I OTHCR PERUVIAN PORT? jmngiit kmc on cpv through mvfim. iCjV'EVERETT ORIENT LINE" fejag"" sun w ,o o, f. Kttmi E MM UMItWMTT IS/1« M« RAMMVCWTT N/11 Mir 01/02 Apr MAftAMMTT N/11 Apr 22/21 Apr
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      Page 45 Advertisements Column 2
      441 45 CZ3Z I Mbjgl N.AMERICA/CARRIBEAN SERVICES nm [YQT [tin Imainlwi Ivor Lai [kit [my [wtc E iSjaffiSl it it KiSSSt: it £li iStiStffitSSi iHLiiil lIL. ILL. m llMli 6 UJ_ ILI-tt/A. ILL. Bd_ mefiQNAHiM lu/i gjfij in itt/4 i/t i/i >/» bitmiir|i m Mml UM OmMiNMm. CMrH Immkt mi (mi Cm*
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      Page 45 Advertisements Column 3
      449 45 MULTI-MODE SHIPPINO PTE LTD MIDDLE-EAST/PERSIAN GULF ACCSPTINO PCL/LCL DUBAI, OAMMAN. SMARJAH. DOHA MUSCAT, BAHRAIN ABU OHASI. BANDAR ABBAS JCOOAH FAR EABT accbptino pcl/lcl PfNANG P/KELANO. JAKARTA, BANOKOK. MONO KONO TAIWAN. JAPAN, MANILA. KOREA UK/EUROPE ACCBPTINO PCL/LCL LONDON. FCLIXSTOWt. LEEDS. TILBURY. ABERDEEN LE HARVE. MAMBURO ROTTERDAM ANTWtP OOTMENBURQ COPENHAGEN A ALL
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      Page 45 Advertisements Column 4
      518 45 mm AIEAN/CMINA SERVICE! MSOTL BBP PR PNB P. BBM RTN FOR Q. (MAN 01/0) HUANQPU/IHANQHAI P. BU 11/01 DALIAN/QMIOAO MADRAI/COLOMBQ/MMMYAARACHI SERVICE! MP PR PNB TANQOON RTN TOR Y TINS tl/OI KARA CHI/COLOMBO Y TANO 10/01 COLOMBO SINBAPOREMADRAIMNQAPORE FCIACL SERVICE! MP MM TBN 1114/0! tO-tl/O) TBN 11-11/0) 14-21/0} TBN 1120/02 20-21/01
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      Page 45 Advertisements Column 5
      432 45 H m [ait 23/2 KEELUNG/KAOHSIUNG 22/2 BANGKOK 22/2 MANILA/CEBU 23/2 JAKARTA/BELAWAN/SURABAYA 22/2 PORT KELANG/PENANG/E. Maliyiii 24/2 BUSAN 24/2 TOKYO/YOKO/KOBE/NGO/OSA 23/2 HONG KONG iui Mm 23/2 GUANG2HOU/HUANGPU/SHEN2HEN FUZHOU/XIAMEN/SHANTOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAJKOU alto accaptlng LCL cario ill EUMK/lIH 23/2 LDN/FLX/LVP/SOU 23/2 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO alao accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/CMch. m mmm 23/2 LOS
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      688 46 Mf FIL CONTAINER SERVICES PTE LTD I Cih- MADRAS CALCUTTA VI MWiIAMAi I VIL WH/CALCUTTA SM MM m SN CM. SM KXT kmjmi bM 2J-2V02 02-03/03 NOT MULhBLI 20-21/02 20-20/02 07 00/03 20-25/02 01-03/03 00-10/03 20-27/02 03-07/03 13-14/03 02-03/03 00-10/03 10-17/03 29-01/03 07-11/03 17-10/03 JAKARTA DUSAI HON6KON6 VOL BIM/JAKARTA VOL
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      Page 46 Advertisements Column 2
      404 46 Bonterm CONTERM FREIGHT (F.E.) PTE LTD. GUARANTEED WEEKLY CONSOLIDATION TOUR FIRST CHOICE TO:— FREMANTLE 26TH FEB 92 AUCKLAND 5 Mar BANGKOK 22 Feb EUROPE 23 Feb GOTHENBURG 23 Feb PENANG 24 Feb PORT KELANG 21 Feb JAKARTA 25 Feb MELBOURNE 21 Feb SYDNEY 21 Feb @*****33 (KATHLEEN/ NICHOLAS/ MARILYN) P.Kelan*:
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      Page 46 Advertisements Column 3
      433 46 HNext Week's Sailings^ Port Kelang 28/2/92 Los Angeles 1/3/92 (Onforwarding To Mid West/ Port Louis 5/3/92 East Coast of USA) fk Singapore Tel: 778 6522 .<s7^ O §A Fax: 779 2738 Esther Yap J ollol Tel: 07-*****8 TOV Fax: 07-*****3 Alfred Ng J INCHCAPE SHIPPING SERVICES (S) PTE LTD Tel:
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      Page 46 Advertisements Column 4
      428 46 mmmm MANILA ETA vigour suppose 2owe 22/2 VIGOUR PACIFC 57N8 29/2 BANGKOK 23/2 1/3 BUSAN 24/2 2/3 HONGKONG 23/2 29/2 OURBAN/PT LOUS 5/3 16/3 KEELUNG 23/2 1/3 USA 24/2 2/3 PT KELANG 25/2 28/2 KOBE 24/2 2/3 PIRAEUS 22/2 3/3 OSAKA 26 2 <3 JAKARTA 25/2 28/2 DUBAI 29/2 9/3
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      311 47 vO c >Oc vOc vOc <Dc vO c vO c ff: VAN OMMEREN CETECO GROUP U TRANSPORT DIVISION > VOTAINER CONSOLIDATION SERVICES: (1 THE ONLY CONSOUQMORWWWBLDWIDE NETWORK J Weekly FCIACL Services I J :> USA EURbPE FAR EAST > SaAlmof*: Volainer ConsoHdaHon Services Hamburg: Van Ommeren Hamburg GmbH #.:s'pore Van
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      2 47 Bus^^ Times
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      224 47 STAGER FREIGHT SERVICES PTE LTD TEL* 273-3838 FAX: 274-1100 PIC 03-*****80 PEtt 04-*****2 JKT: 21-*****1 88Y: 31-*****0 SIN LH/PAR WIMMWD POITTO ATHENS/PtR BTUTTQART VALENCIA LISBON THEBBALOMKI 23/2 3/3 17/3 17/3 18/3 19/3 HHHIH 25/3 mtl/TOR 26/2 21/3 28/3 23/2 6/3 7/3 4/3 29/3 4/4 3/3 15/3 16/3 OTHER PORTS ON
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      279 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 OHO 1710 NM MOO *****INI2M*****4MI9M1M*****0001M0 2M 2100 2200 2301 16 18 18 15 1.9 1.3 0.8 0.5 0.4 0.6 1.2 2.1 2.8 3.2 3.2 2.9 2.3 1.6 1.0 06 0.4 0.4 08 1.6 PP 2.7
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      Page 48 Advertisements Column 1
      1102 48 CHARTPOINT Every Saturday in Business Times A HYUNDAI MERCHANT MAtWECg.LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FHDa WT Ptt WD SW UK HMI WY M 0 LBH OAK S£JI UNE HAUL DOT KM) TCM/StA Pit NAM HAJ 202 N035 22/02 23/02 21/02 H. COMUAMX* 32E 21/02 IS/03 10/03
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      Page 48 Advertisements Column 2
      488 48 ICHARTPOINTI Every Saturday in Business Times I EUROPEAN 1 I ECONOMIC COMMUNITY I: I Germany Holland Belgium I ■UK France Italy Spain I Departures Every Sunday I I SW JKT PKL PEN BKK MNL JOH BSB tei *****11 *****66 *****96 *****8 *****29 *****76 *****1 *****3H fax *****89 *****14 *****88 *****8
      488 words